Millionday News 3/4/14 Post By Rudie Part 1
[millionday] welcome to dinarupdates.com newstime --- cant wait to show you the news tonight !!
[millionday] The banks have a significant role in the next phase of Baghdad - the joy of pumice when expanding the limits of development increases the need for a bank more sophisticated and broader service center, so contributing to the banks in an effective manner in the process of economic development by providing the necessary resources to meet the basic needs either directly or indirectly . aims of the
[millionday] financial sector to mobilize the necessary resources for economic development through the banking system or the insurance sector or through the Iraqi market for securities leads to an increase in the value added for the use of technology services and the provision of foreign exchange through remittances. President of Baghdad Provincial Council Riyad dentex told "morning" about the importance of the banking system: "
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[millionday] note -- the insurance, services, stock market, and raise in value of dinar
[millionday] To lead the banks developmental role and funding well in the next phase, it is necessary to exceed five major challenges that will delineate the features of the Gaza sophisticated."
According dentex the first challenge, "based on the need to support the banking sector for government projects local small and medium enterprises as a gateway operating and employment in the community suffering from high unemployment,
to have a supporting role for growth through the supply of larger projects with raw materials or intermediate goods or semi-finished products as well as logistics services other such activities, transportation, packaging and sub-activities, or contracting "
[millionday] note -- they will be putting the money out for all projects and loans as well
[millionday] . said in what he called a second challenge to "The activities of the parallel economy does not depend on banks both in funding or deposit receipts resulting from it, with depriving the banking system, the amount of liquidity massive spill, mostly in the operations of a consumer or freeze the proportion of it in real estate and land, and then did not benefit including the productive economy,
"as well as" low rate of coverage of the banking market in comparison to the number of the Iraqi population, as it does not exceed this percentage is now 29 percent compared to 70 percent on average globally,
millionday] and not more than the number of bank accounts in all the banks at the expense of almost five million accounts include individuals
The companies and even public bodies, "the according to so-called third challenge. In regard to the fourth axis, said dentex" It is the policy of concentration of credit on both the borrowers and sectors of the economy,
"calling in this regard to the need to reconsider these policies so that they are fairer and more biased towards economic diversification in various fields.
[millionday] they are talking about the growth to come in the use of banks and the services -- this is time to activate the banking refor -- which can not be done without ---- THE REALITY RATE
[millionday] also noted the need for asylum banks to more creative effort and creative in devising mechanisms of action in the areas of recruitment, employment and generate profits as a result of a real useful for the rest of the local projects, as a challenge V..
However, he pointed to "the lack of system developed banking leads to the flow of foreign investment participation in economic activity, as the most important conditions for the success of these investments and the presence of a device capable of dealing efficiently with their needs,
whether those related to borrow different types or relating to relations of Foreign Affairs, or ensure that corporate money invested, "he This means that the existence of "a strong correlation between the banking system and the development process itself."
[millionday] so this is saying that it is time for the development of the country and the development of the banking sector and they need the currency and all the services to be expanded so there enough to cover all projects and the needs in their development -- this is huge huge ---- huge
[millionday] so now they are making sure they are set to move forward with the banking reform finally and that will include the monetary policy
[millionday] the fact that they are ready for the banks to hit the stock market and the banking to expand to foreign needs and also the growth for the country -- is the best as far as we are concerned -- huge and the timing is great !!
[slh5282] Millionday, what is an ayslum bank? Independent banks entering the ISX?
[millionday] banking for those that are returning i would assume but let me look
mplants] I lost the first part is this cbi or who
[ROBINREDHED] this is huge md
[millionday] i agree -- this is the reality coming our way to a smile near you smile
[sheila3] do we exchange our dinar at a bank,when this happens, millionday was talking about it earlier i think
[millionday] we have a choice we can either exchange at a company like a money exchange for instance like -- dinarcorp.com or we can exchange at a bank that does foreign currency exchange that does not have to mail them to another place and have them out of your hands or you can move to iraq and use it as local currency
[swan2013] ? We are watching two different things? One is political and one is the Money...we need to follow the money to see the RV is that correct?
[millionday] yes that is absolutely correct -- follow the money
[swan2013] millionday thanks
[millionday] yw all the time i dont know what the names of the other exchange places are and that is the one I use -- it is up to you what you do
anasdesign] We have the World Trade Center here in LA
[carpet] do you think Barazoni and Milikki has come to a agreement
[steamcleaner] where does all this "news" come from?
[ROBINREDHED] anasdesign we have one in bentonville arkansas
[ROBINREDHED] millionday do you think Barazoni and Milikki has come to a agreement
[ROBINREDHED] steamcleaner we make it up
[sczin11] Robinredhed lol lol
[millionday] yes i do think they will come to an agreement so they can move forward with reforms while in office
[carpet] thank you
[NRICHARDS] steamcleaner Isle 7 Kmart
[jimplants] steamcleaner i answered that last week the news wizard
[millionday] i am a researcher and so i research the globe for the news and bring it here to share it with you brb with more
millionday] along with many others on this site that are very good at researching for accurate news that they bring -- for instance the owner of the site is recording a call later tonight with more news to report
[ROBINREDHED] millionday millionday Who do you feel can beat Maliki in a "fair" election?
millionday] i would have such a long list we would be here until tomorrow -- there are many that could beat him -- but i would think not Allawi and it would be a more mellow party wise person -- less politically interested and more for the people and growth
[love it 2] millionday Thank you
[millionday] yw all the time
[jackflash101st] Thanks,,I was wondering what everybody thinks about the up coming elections..loaded question, I know but will Maliki actually win a 3rd term? ANYBODY?
millionday] jackflash101st i would say he could if the reforms are under way but just guessing isnt worth much so we shall see – smile yw all the time smile 'brb with more
millionday] here we go >>> haikhani began Tuesday morning the forum's second annual, organized by the American University in Sulaimaniya in the presence of a large number of international figures, regional and under the auspices of Dr. Barham Salih,
chairman of the Trustees of the university and continue for two days to discuss which present many political issues relating to the Middle East, and the forum is held under the slogan "the Middle East and face the challenges of the future."
[millionday] note -- this is not the one here on trade
[millionday] delivered by Dr. Barham Salih at the outset of the meeting, welcomed the attendees, including Barzani President of the Government of the Territory and the former U.S. ambassador to Iraq, Zalmay Khalilzad, and French Foreign Minister,
former Bernard Kouchner The Iraqi National Security Adviser Faleh al-Fayad and drastically Minister of Natural Resources (oil), the Kurdistan Regional Government.
And wished Saleh to be President Talabani in the reception of guests and contribute his wisdom and guidance enrich the forum, and
[millionday] then spoke about the nature of the developments that have occurred in the region in the recent period, especially the popular movement in many countries towards building the foundations of democratic systems, and the challenges faced by the region, especially the threats of terrorism and religious extremism
The sectarian, stressing that the peoples of the region needs peace and stability to be able to build a better future and to keep pace with the significant shifts that have occurred in the world in favor of democracy. "
[millionday] and the objectives of the forum pointed out Dr. Don Daigle president of the American University in Sulaimaniya to "the themes to be discussed by the conference this year will focus on the geopolitics of the Iraqi Syrian-Iranian Turkish, as well as discuss issues related to energy in the region,
and added, "We at the American University believe it is our duty to be our contribution clear serve Iraq and the region by providing a wider area in front of thought, awareness and responsibility,
and we are delighted to be hosting an elite of scholars and prominent international and regional participation in this creative effort that we want him to support the march of the political process in Iraq. "
[millionday] note -- this is a group of specialists that are meeting to talk about past successes and also the changes that have occurred in the region and how they can benefit from it and expand on it --
[millionday] For his part, spoke Barzani President of the Government of the Territory for many of the important files that occupy the political arena of the country initiated by saying that "the crises facing the region require political leaders pause contemplative order to analyze and discover aspects different in order to develop the necessary solutions,
Fiqiadat region can reorganize the path of political and social foundations of civilized new in order to achieve security and stability for the region. "
[millionday] Everybody knows that the answer to our question matter the people of Kurdistan, Solving the crisis will contribute to strengthening the foundations of fraternal coexistence construction in the framework of a democratic Iraq unified, since we process the liberation of Iraq we have expressed our position clear from the overall political process,
and we affirmed our commitment to the unity of Iraq, federal, pluralistic and democratic, and we proved it actually is not in word only, with the requirement that the rights of our people are protected, according to the Iraqi constitution passed by Iraqis majorities.
[millionday] note - these are huge words of encouragement from kurdistan -- i have to say i like the commitment they are making here
[millionday] do not hide from you that we are scared of the future of Iraq, It is our relationship with the federal government, it is the duty of all the political forces of Iraq and neighboring countries and the countries supporting democracy should make efforts to respect the principles of the Constitution and adhered to. "
and about the differences between his government and the federal government, Barzani said, "Ten years ago moving our relationship towards more crises, and these things do not help to bring the mutual understanding about the country's crises,
and we're like the rest of the other political parties are part of this country and we made sacrifices in order to achieve security, stability and economic development should respect the other parties to this role
[millionday] so as we see they are talking about the importance of the good of the people and the country`s development -- very nice change
Comments may be made at the end of Part 2 Thank You