Millionday Newstime 9/2/15 Part 1 of 2
WELCOME TO MILLIONDAY NEWSTIME AT DINARUPDATES.COM
Millionday: I FEEL LIKE I MISS ALL OF YOU -- SO MUCH HAS HAPPENED
Millionday: I WILL BE HERE FOR ROUND TABLE FRIDAY
Millionday: NOTE -- THIS FIRST REPORT HAS SOME INTERESTING POINTS IN IT -- SMILE
Millionday: confirmed a member of the economic and investment commission in Parliament, that does not fear the Iraqi currency against other currencies.
A member of Najiba Najib Committee, told all of Iraq [where], "the Iraqi currency is strong, as the $ 100 equal to 120 thousand dinars, or that she almost approach", saying "There is no fear on the Iraqi currency against other currencies."
Millionday: NOTE -- NOW LOOK AT THE NEXT COMMENT -- READ EVERY WORD
Millionday: With regard to the budget year next in 2016, he showed that "the budget so far the Ministry of Finance did everything related expenditure side and the revenue is completed, as it has so far not decided the price of oil Evaluator, and the reforms package has not been completed in order to know the expenses that have been reduced rate."
Millionday: NOTE -- THEY HAVE COMPLETED ALL OF THE BUDGET FOR NEXT YEAR BUT SOME OF THE FIGURES HAVE NOT BEEN RELEASED --
Millionday: NOTE -- THERE IS MORE IN THE NEWS TONIGHT THAT WILL GO TOGETHER WITH ALL OF THIS
Millionday: The head of the Minister Haider al-Abadi, said in the 17 of last July, said that "the Iraqi currency Mahfouz and the dinar has a great economic power, hard currency is because it is propped also that Iraq has the potential and capabilities and we have the blessing of oil," he said.
"There is no fear on the exchange rate of the Iraqi dinar compared to the US dollar, and we will hit manipulators prices dollar with an iron fist.
Millionday: NOTE -- HAVE TO LOVE THE "IRON FIST" COMMENT -- SMILE
Millionday: "It was announced in the parliamentary finance committee member, in the 28 of last August, for delivery to the committee the public prosecution and the judge money corrupted files related to the laundering of money laundering and transfer of currency abroad.
A member of the Committee Faleh in force, in a statement received by [ Where, "a meeting was held in the Finance Committee with the chief prosecutor and judge of money laundering in order to discuss the issue of the Iraqi currency converter to neighboring countries, including [Jordan, the United Arab Emirates, Turkey]," referring to "hand over the chief prosecutor and the judge money corrupted files related to laundering money laundering and transfer of currency outside Iraq crooked ways.
Millionday: SO UNDERSTAND THAT THEY ARE TALKING ABOUT ILLEGAL MOVEMENT OF FUNDS --
Holly1: WOW OH WOW ..... ty Milionday
Millionday: Detection economist Basil al-Obeidi, on Wednesday, a plan to protect the Iraqi dinar declines and volatility of exchange rates.
Obeidi said in a special statement to the Agency information that "reducing the central bank sales of the dollar and make it in the field need the truth to the citizens as well as international bonds to be issued by the central bank and the $ ten million dollars will provide Iraq's hard currency and thus will protect the Iraqi dinar from fluctuations in the currency."
He added that "the decline of the dinar is linked to oil price fluctuations. If the price of oil has not seen remarkable stability in the stock market will Tstsamar currency to fall.
Millionday: SO THE CONFIDENCE IN THE DINAR IS OBVIOUS AND THEY HAVE CONFIDENCE IN THE RESULTS FROM THE BOND SALES THEY WILL BE HERE IN THE US MONDAY DISCUSSING/PROMOTING ---- NICE
kathi: The bonds doesn't the dinar need to be revalued first?
Millionday: THE BONDS THEY ARE DISCUSSING ARE BACKED BY THE DINAR SO IMO THE BEST IDEA WOULD TO HAVE A CALCULATED REALITY VALUE FOR THE DINAR BUT WE HAVE TO WAIT FOR THE INK
Holly1: 10 MIL... seems very Low ... what you think ?
Millionday: IMO IT WON'T COVER MUCH IN THE CONDITION OF IRAQ --- BUT IT DEPENDS ON WHAT THEY INTEND TO DO WITH IT --- GUM FOR ALL MAYBE? SMILE
Millionday: Confirmed the legal committee member Mohsen al-Sadoun that the legislation of the Federal Court Act will lead to reform of the judiciary. He said al-Saadoun told all of Iraq [where] that "the law of the Federal Mahmkh importance in the reform of the judiciary," he said, to "make some changes it will be discussed in the near future.
"He added, "We are following the reforms of the judiciary and its importance," noting that "the Federal Court Act based system Federal.
Millionday: NOTE -- THE FEDERAL COURT ACT WE READ WAS IN PARLIAMENT
Millionday: "The head of the House of Representatives Saleem al-Jubouri has said in the 10 of last August in connection with the Federal Court Act" There is only one paragraph of the law is still in dispute and discussion relates to the quorum needed to pass decisions on contentious material between the federal and the provincial government,
a need to provide alternative solutions and we are able to achieve this through initiatives in this framework it is possible to lead to solutions to help us to go beyond that point to move to vote on the law.
"The supreme religious authority, has stressed on more than one sermon with the need of the judiciary reform as an essential step to achieve the reforms announced by the government recently.
Millionday: NOTE -- THEY HAVE REACHED A POINT THAT WILL ALLOW THE VOTE OF THE VERY IMPORTANT FEDERAL COURT ACT SO THE REFORM MAY MOVE FORWARD
Millionday: The representative of reference, Sheikh Abdul Mahdi al-Karbalai "that the most important reform process requirements of the judiciary reform as an important pillar for the completion of the reform packages and can not be real reform without him," and called on "the government and parliament and the judiciary to achieve reforms details to make decisions" bold and convincing "of the people Iraqi.
Millionday: NOTE -- REASSURANCE OF ITS IMPORTANCE
Millionday: It is said that the Supreme Judicial Council unanimously rejected at an extraordinary session held on 17 of August, to discuss the development of the judicial process President of the Council Judge Medhat al-Mahmoud request transmits it to retire because "the public interest and justice at this stage require to stay in his duties as President of the Supreme Judicial Council of the Federal Court Supreme
Millionday: SO THE ISSUE THAT WAS IN THE WAY IS NOW REPORTED TO BE RESOLVED -- MORE GOOD NEWS
paul-o: ty So back to the bonds please. Ok, so the bonds will be BACKED by Dinar, but will they be issued IN Dinar? If they are purchased in 1166 Dinar and payable in a year AFTER a revaluation many people / companies / whatever would be beyond filthy rich, right?
Millionday: IT WOULD SEEM TO ME THAT WOULD NOT BE THE PLAN
paul-o: AGREED which means these bonds would be issued POST RV, right?
Millionday: CAN YOU IMAGINE THE RETURN ? WOW
Millionday: I DON'T KNOW BUT MONDAY THEY ARE IN THE US AND MORE INFO WILL COME OUT TO DESCRIBE THE ISSUING ETC OF THE BONDS -- TIMING IS A HUGE ISSUE TO ME –‘
I WANT TO KNOW WHEN THEY WILL BE AVAILABLE INTERNATIONALLY FOR INVESTMENT DUE TO PAST REPORTS OF THEM BEING ON THE MARKET AS WELL
Millionday: AND ALSO WITH THE NEXT ANNOUNCEMENT WE HAVE READ ABOUT BUT THIS IS ON CBI
Millionday: NOTE -- CBI GOVERNOR WILL BE HERE MONDAY AS WELL
buck: SO THE ISSUE THAT WAS IN THE WAY IS NOW REPORTED TO BE RESOLVED -- MORE GOOD NEWS...so is mahmoud gone or not??? how is this resolved??
Millionday: THE ISSUE THEY WERE ARGUING ABOUT -- HOLD ONE SEC LET ME GET IT
Comments may be made at the end of Part 2 Thank You