Millionday News 8/16/15 Part 2 of 2
Millionday: LET ME SAY THIS
Millionday: THE ANNOUNCEMENT TO THE CITIZENS OF WHAT IS HAPPENING WITH THE DINAR VALUE (BUYING POWER) DURING ALL OF THESE CHANGES IS PART OF THE ENTIRE MONETARY POLICY –
THE MONETARY POLICY INCLUDES THE GLOBAL PRICING AS THAT IS PART OF THE JOB OF CBI ----
SO THIS IS ONE PART OF EXPLANATION TO THE CITIZENS SO THEY UNDERSTAND IN COUNTRY –
THE IMPACT OF THIS MOVE CHANGES THE EXCHANGE RATES DUE TO THE CHANGE IN THE 1166 .00086 ETC ETC -- THAT IS NOT RELEASED HERE
buck: in country they will delete the zeros literally, but out of country we keep the zeros?? so $22 becoming $75 is a value of $3.40 per dinar... if we keep the zeros and multiply then whoopow!!!! is this a reasonable guess???
Millionday: THE EXCHANGE REGULATIONS WILL BE RELEASED --- TIMING ETC THAT THEY HAVE SET -- AND THE DINAR WILL BE SOLD FOR WHATEVER INTERNATIONAL VALUE THERE IS
Millionday: I WANT TO SEE THE INTERNATIONAL REGULATIONS BUT THIS IS HUGE HUGE AS THIS IS ALL PART OF THE EXCHANGE OF THE DINAR
Millionday: THEY KNOW THE BUYING POWER IN COUNTRY BUT WE DONT KNOW YET BUT OBVIOUSLY WILL BE HUGE
Millionday: ANY GAIN IS
chickadee: when is the deleting of zeros going to happen?
Millionday: THIS SAYS THE CONDITION FOR IT HAS BEEN ACHIEVED -- SO ANYTIME ACCORDING TO THE REPORT
poppy3: WELL IN OCT. 2010 THE IMF POSTED ON THEIR WEB SITE THAT A GREEMENT WITH IRAQ WAS REACHED ON THE EXCHANGE RATE OF THE DINAR ( 4 YRS AGO ) OF $3.22 AND POSSIBLY UP TO 20% FOR INFLATION OVER THE TIME OF THE WAR WHICH HAS RISEN HIGHLY OVER THE LAST 4 YEARS.
THIS IS OLD NEWS TO THOSE OF US THAT HAVE ONLY LISTENED TO THE AUTHORITY FOR INFORMATION. YES IT IS EXCITING TO SEE ALL IS STILL THE SAME AND NOW ACTIONS ARE SHOWING IT IS HAPPENING. POPPY3
diane1: when they reinstate the tariffs do you think they will need the exchange/or new rate before they implement the tariffs?
Millionday: THE TARIFFS ARE A % BUT FOR GLOBAL TRADE --MARKET ECONOMY THEY NEED TO HAVE PRICING SET FOR IRAQ TO HAVE INTERNATIONAL COMPLIANCE WITH FAIR TRADE ETC
Millionday: Hussein Tgb said economist member of the Baghdad forum Amer Jeweler for the purpose of implementation of the reform professionalism and rigorous and serious action to achieve meaningful actual results immediately reflected on the economy
and the citizen and the future of the country can not rely on teams that were in the responsibility previously only will delay the procedures and rely on achieving results on paper as if they have the ability and the will to do what the duties of national and legitimate contributed to the change.
Millionday: NOTE -- THE REFORMS MUST BE DONE PROFESSIONALLY ENOUGH THAT THEY PRODUCE AN IMMEDIATE RESULT ON THE ECONOMY
Millionday: He said in an interview (morning): We call on the prime minister to rely on a professional staff experienced and committed to implementing the work assigned to it with creativity in achievement are very large
The tasks and challenges the largest grave responsibility they must achieve results in front of ourselves and the people and the reference chock, conscience and history and everyone waits for real change and not speak colored.
Millionday: NOTE ---JEWELER IS REQUESTING FOR ALL ECONOMISTS TO ABADI THAT THE BEST EXPERTS ARE IN PLACE FOR THE REFORM PACKAGE ACTIVATION SO NO MISTAKES ARE MADE
Millionday: He said the real footprint great challenge that awaits him, Iraqis and the world that went sights to Iraq is the actual implementation of the package of reforms and expansion, which requires tremendous work movement and promote shake the trees and public participation in the change which will certainly reflect on the development of touches towards the actual prosperity
Let's leave fingerprints remember in the history of Iraq as did our civilizations and other countries and we have a large footprint to complete the channel Asuez.ndao expansion, Mr. Prime Minister to invite expertise and organizations discreet to involve them in the implementation of reforms that can not be achieved without a comprehensive national campaign in every house and street and hand, and the factory and farm and institution.
Millionday: SO HE IS SAYING THAT THE WORLD AND HISTORY IS WATCHING AND RELYING ON A LARGE FOOTPRINT (IMPACT) TO BE LEFT BY THE ACTIVATION OF ALL THE REFORMS –
IRAQ NEEDS ALL PEOPLE IN ALL POSITIONS TO DO AN EXPERT JOB AND ACTIVATE ALL OF THIS PROPERLY IN ORDER TO SHINE THE LIGHT ON IRAQ
cjquade54: sounds like it's for real this time doesn't it
Millionday: IT SURE IS EXCITING TO READ THAT THE ATMOSPHERE IS CORRECT -- WOW -----
itsaboutjesus (IAJ): "PRODUCE AN IMMEDIATE RESULT ON THE ECONOMY" and "LARGE FOOTPRINT (IMPACT)"
These don't sound like slowly rate increase to me; these sound like a freaking RV overnight
Millionday: IT SOUNDS LIKE THEY ARE HOPING FOR AND EVEN HAVE PLANNED FOR IN THE REFORMS A HUGE IMPACT TO THE ECONOMY ---VERY ENCOURAGING AND EXCITING TO SEE THE REPORTS
Millionday: OF COURSE THAT WOULD BE THE LARGEST GOAL AND OBVIOUS TO ALL OF US THAT HAVE READ ABOUT THE REFORMS AND WHERE IRAQ WANTS TO HEAD –
THE WTO -- MARKET ECONOMY -- GLOBAL TRADE -- STOCK MARKET -- ALL OF THESE THINGS MAKE IT EASY TO WANT TO BE A PART IN BUSINESS AND INVESTMENT --
Millionday: Al-Sabah called on President Fuad Masum, to unify efforts for the expulsion of "terrorism" and the success of the national reconciliation project, returned to Iraq at the present stage more than ever in need of unity and work Almstrk.oukal infallible,
in a congratulatory message to the President of the Kurdistan region The head of the Kurdistan Democratic Party of Massoud Barzani, on the occasion of 69 anniversary of the founding of the party: "It coincides anniversary of the establishment of the party with many of the developments and changes and crises in Iraq and the Kurdistan region,
Millionday: NOTE -- THE CALL FOR THE NATIONAL RECONCILIATION DURING THE 69TH ANNIVERSARY IN KURDISTAN FOR THE FOUNDING PARTY
Millionday: represented by the war against terrorist Daash financial crisis and political tension" .rias Republic added, according to a presidential statement received "morning "Iraq is in" current phase more than ever in need of unity and coordination and work together to keep the risks and ensure overcome the crises and tensions all ",
calling for" unity of effort in order to expel the terror and the success of the national reconciliation project and problem-solving political crises and the elimination of corruption and consolidation of civil peace ".utalb Barzani to" make more efforts in order to find effective solutions to get out of crises and risks facing the Kurdistan region and access to national reconciliation. "
Millionday: SO ----ANNOUNCED TODAY DATED TOMORROW >>>>>>>>IRAQ IS IN THE CURRENT PHASE MORE THAN EVER IN NEED OF UNITY -- BROUGHT BY THE NATIONAL RECONCILIATION -- SMILE
Millionday: Al-Sabah called on the House of Representatives Commission member Hamoudi different media not to be overlooked victories Mujahideen present in all breakers military field operations against Daash.
He stressed Hamoudi, according to a statement the media to his office received the "morning", the need to "focus and distribution of media efforts between these victories achieved at the hands of the security forces and the popular crowd and the beams of government and parliamentary reforms. "
Millionday: NOTE --AL-SABAH CALLED ON HAMOUDI TO DIRECT MEDIA TO COVER TERRORIST VICTORIES AND THE REFORMS -- SMILE
Millionday: NOTE -- AT THE SAMETIME >>>And that "Observers of the movement of the Iraqi media sees great interest in reforms and consequences of the political movement around with the lack of attention and media coverage of the security done at the same time."
Hamoudi pointed out that "the reforms initiated by the the executive and legislative branches came complement the larger reform provided by Iraqi men in the fields of jihad to defend Iraq and sanctities ",
pointing out that" these reforms are trying to address the imbalance in the state system in defending the popular crowd sons and security forces from the state as an entity the right to exist is trying to terrorist groups robbed of Iraqis and return them to the times of ignorance and backwardness. "
Millionday: SO THEY WANT VICTORIES IN THE PAPER FOR ALL TO SEE -- NO DOUBT WITH ALL THE HARD TIMES THEY HAVE SUFFERED
Millionday: NOTE -- INVESTIGATION RESULTS --
Millionday: An Iraqi parliamentary investigation holds former premier Nuri al-Maliki and 35 others responsible for the fall of second city Mosul to jihadists last year, lawmakers said Sunday.
Investigative committee member MP Abdulrahim al-Shammari said that Maliki, who was prime minister from 2006 until last year, was among those named, as did another member who declined to be identified.
Millionday: NOTE -- MALIKI IS NOT BEING CALLED THE VICE NOTICE
Millionday: NOTE -- HUGE NEWS
Millionday: The legislation has been seen as a positive move towards raising the country's attractiveness among foreign investors.
Iraq's parliament is expected to endorse in the coming week the new investment law in the hope of supporting the private sector, attracting more foreign investments, as well as ending corruption and red tape.
The new law will include amendments to Law No. 2 of 2010, which amended Law No. 13 of 2006.
The move comes as thousands of Iraqis took to the streets over the past days demanding political and economic reforms in the country.
Millionday: NOTE -- ALL INVESTMENT LAW IS EXPECTED TO BE ENDORSED THIS WEEK -- THIS IS HUGE AS IT PUTS TO LAW THE INTERNATIONAL INVESTMENT AMENDMENTS
Millionday: READ EVERY WORD>>>>"The old law was not enough and it did not handle problems that the investment sector is facing in Iraq," said MP Najeeba Najeeb, member of the Parliamentary Finance Committee.
"We held a number of meetings and conferences with local and foreign experts, and we have arrived at a conclusion that new legal amendments should be made."
Millionday: Najeeb pointed out that the old investment law provided more power to the central government, while also setting obstacles for foreign investors to acquire land in the country.
"The amendments will decentralize the decision-making authority and streamline procedures so as to allow investors to acquire lands within 15 days," she added.
Millionday: NOTE -- THEY HAVE DETERMINED THAT THE AMENDED LAW SHOULD BE MADE LEGAL ---IT ALLOWS LAND FOR FOREIGN INVESTORS AND
Millionday: Shaker Al Zameli, head of the Baghdad Investment Commission, said the previous legislation was not entirely repressive, as it gave investors the right to obtain project permits within 45 days and offered a three-year tax exemption. However, he admitted that administrative corruption and bureaucracy have hindered the law's implementation.
"Amendments in the new law are a step in the right direction, especially since these will give investors the right to refer to international arbitration if necessary. The old law lacked this provision," Al Zameli said.
Millionday: NOTE --- NOTE THE NEW LAW IS MORE INVESTOR FRIENDLY AS WE SEE
Millionday: He also revealed that the number of investment projects in Iraq since 2010 reached 320, valued at about USD 15 billion.
MP Mithaq Al Hamidi, another member of the Parliamentary Finance Committee, said the existing law contains several impediments to attracting investments. She welcomed the new law's endorsement next week, "along with other political and legislative reforms".
Millionday: LOOK AT THIS PART >>>She welcomed the new law's endorsement next week, "along with other political and legislative reforms".
Millionday: ALONG WITH REFORMS -- POLITICAL AND LEGISLATION -- WHOOPOW
Millionday: IT IS PART OF THE IMPORTANT LAWS IN PARLIAMENT RIGHT NOW --- IT IS SUPPOSED TO BE DONE EASILY
cjquade54: Investors gotta like this - "will give investors the right to refer to international arbitration if necessary"
Millionday: SO GOOD --- GREAT POINT AND ITS ONE OF THE MAJOR ADDITIONS -- LOVE IT -- GOOD POINT
itsaboutjesus (IAJ): just a thought ... we should check CBI's website through out the day on this coming Tue ... I have a feeling that, they might have some sort of "interesting" announcement
Millionday: THANK YOU -- CBI HAS SO MUCH INFO ON IT TOO -- SMILE
Millionday: HAVE A GREAT NIGHT AND SEE YOU TOMORROW