Millionday News 3/18/14 Post By Rudie Part 1
welcome to dinarupdates.com and newstime
[millionday] k we are going to start with some great news so here we go -- welcome to newstime time to smile
[millionday] - The Central Government and Kurdistan Region have reached a compromise over exporting the oil and endorsing the Budget.
An informed source stated to All Iraq News Agency (AIN) "KR agreed upon exporting its oil thought SOMO Oil Company where the official announcement of the agreement will be within two days."
"The two sides agreed upon endorsing the General Budget next week after settling the disputes over it,"
millionday] so we should have a formal announcement of finally having a finish of the resolve whooopow so i have no other info on this at this point so huge and great news brb
[millionday] this is concerning the funds here and the release of our protection on May 22nd
[millionday] Dr. Issam economic Mahouelle that Iraq has the ability to manage and dispose of its assets after the lifting of protection by the U.S. after months.
He added in a statement Mahouelle (morning): The management of the funds after the lifting of the protection it has become easy, especially after the Iraq fulfilled all its obligations and snuff out a large part of its debts inherited from the time of the former regime.
He pointed out that the claims of the merchants and creditors young companies and others are not dangerous as it was in the past and before extinguishing debt.
[millionday] The member states of the Paris Club have had a prominent role in exempting Iraq from the commitments that were owed him as well as the states turn off the entire Amounts owed by the country towards it.
was Audit Court announced yesterday that the protection of Iraqi funds in the United States expires in May next, stressing that claims to pay the debts of traders and countries do not pose a threat to the country's resources, where Iraq has advisory office legally to defend their rights.
said Chief of Staff Abdel Basset Turki in a press statement that «the protection of Iraq's money in the United States expires in 22 of the next May, but
[millionday] note -- the funds remained and was extended so that after the release of sanctions (chapter 7) they were not taken as it would be if bankruptcy were lifted from an individual
[millionday] our money outside the United States lifted protection two years ago», adding that «claims to pay the debts of traders and states do not currently make a threat to Iraqi resources». Added Turki said «the big issues the task that was facing Iraq,
particularly in relation to the problem of Kuwait Airways has been solved, and therefore, the concern today about the claims is much less than it was before four to five years of issues that could be raised»,
indicating that «Iraq's ability the defense is better and there are a consulting firm legal and international consultants specialize in defense of their rights.
[millionday] so as we know the report from MOON will be done on the 27th of this month concerning the issues of resolve with Iraq – smile so this is great great news ---
millionday] i understand everyone wants this done today and nothing says it is not to be done at any moment - as we know it can be at anytime right now so -- this is showing that it is expected to be done
[millionday] smile -- without a time/date/or rate but obviously we see within not long by this report --
[Richard Incrocci] How does this tie into and help our liquidity event?
millionday] this shows that they will be internationally and globally controlling and working with their own revenues and no longer at that point need any protection as per -- debt agreements and the resolve of not being active in the globe --
[Richard Incrocci] millionday Whoopowing big time. Thank you
[millionday] revenues and private sector will produce revenues needed for debt payments to be made and a sensible agreement with all the debt they have remaining yw all the time
[graylnjo] I thought they couldn't be global without a new rate
[Richard Incrocci] Let's hope that EOM brings us some awesome $$ changes
[sheila3] wonder why cbi site is missing some again
[dinar dave] You ok MD.... Your making up new words.... lol
[jarhead] It enables them
[millionday] trust -- this is huge and also very telling that they are on the right track and expect to be able to move exports and gain imports without them being at risk of being taken for repayment
[millionday] dinar dave sounds like im normal then lol
jimplants] and will be doing all of the with the dinar
[millionday] yes the dinar will be used as their currency and as a reserve without any risk due to agreements and their own currency being in their own bank ok brb with more
[millionday] this is about the planning being activated and the results for the country
[millionday] The Ministry of Planning, the status of 18 document standard for the organization of government contracts and to ensure fairness, indicating that it will be applied experimentally over one year before her uncles,
while promised the General Secretariat of the Council of Ministers that this represents a "significant achievement" has been reached to take advantage of international expertise and local experience, to contribute to the "increase competition and reduce corruption" in government contracts.
[millionday] note -- not their "uncles" but this is saying that the activation of the gov contracts will reduce the need for corruption due to the real gain and revenues
[millionday] This came during a conference government contracts, held by the ministry, in the Hotel Ishtar, the center of Baghdad, to launch (standard documents), and attended (range Press). said Undersecretary of the Ministry of Planning, Mahdi Keywords, in an interview to the (long-Presse),
"The ministry has worked Two years ago, the browning 18 document standard address gaps diagnosed in government contracting, "noting that the" documents a Rules governing government contracts in all areas. " added Keywords, that
[millionday] note --- huge huge -- a conference to activate the written contracts --
[millionday] "the development of standard documents have been in partnership with the private sector and the Federation of Iraqi contractors and support technician from the World Bank, "noting that" the drafting of these documents took a full year dealt with through problems with government contracts.
" Undersecretary of the Ministry of Planning, Mahdi Keywords, that "the ministry" will launch a bond standard experimentally for a full year to find out what it entails the pros and cons before final approval and applied in all government agencies.
" For his part, counting the Secretary-General of the Council of Ministers, on the Keywords, that "the standard documents represent a significant achievement to reduce the phenomenon of corruption."
[millionday] so this means that actual business done through contracts and international compliance will stop the corruption or at least reduce to an expected minimum they have met to start activating contracts --- huge and great news smile
[mrref1216] Did the hydro carbon law pass
[millionday] the hcl was reported to be done and they are waiting on its activation i think about three weeks ago if i remember right isnt that it robin -- 3 weeks ?
[millionday] k great its in chats brb with more
[jimplants] 2 weeks ago shell and eni oil said they were leaving without a contract today shell signed a new contract
[millionday] here we go >>> - Isra Khalifa is scheduled to preside over Vice President Khodair al Iraqi delegation that will participate in the Arab summit to be held in Kuwait middle of next week,
according to the statement by the Permanent Representative of Iraq at the Arab League Qais Al-Azzawi »Sabah », before leaving with the Arab League delegation to Kuwait to attend the meetings of Arab ambassadors of the Arab League on 21 and 22 the next
[millionday] said al-Azzawi said Alkhozai will head the Iraqi delegation to the Arab summit on 25 and 26 of this month, while preceded by a high-level delegation from the Ministry of Foreign Affairs headed by Foreign Minister Hoshyar Zebari to attend meetings of Arab foreign ministers on 23 and 24 of the same month.
stressed that Iraq will participate strongly in the meetings of the Arab summit in Kuwait and at the highest levels to prove his commitment to the importance of the system of the Arab summit which brings together presidents and kings of the Arab states,
especially that it be held in the State of Kuwait, which has positions distinct with Iraq and the large crowd who was represented by Kuwait's Emir Sheikh Sabah al-Ahmad al-Sabah in Baghdad summit 2012.
[millionday] note -- Iraq will participate strongly -- love that --
[millionday] Deputy President Khodair al, on Tuesday, the Pakistani ambassador in Baghdad, Mohammed Shah Jamil Iraq's readiness to open an air route with Pakistan and to facilitate the procedures for granting the visa, as expressed Shah beautifully for his country's desire to develop relations with Iraq.
said Alkhozai in a statement, following a meeting with Shah beautiful on the occasion of ending his tenure in Baghdad and received "morning," a copy of it, that "Iraq is ready to activate the old agreements signed between the two countries and to accelerate the signing of new agreements in a number of fields,
especially cooperation in the field of education, the economy and religious tourism", stressing the readiness of Iraq's "open an air route between the two countries and facilitate the procedures for granting the visa,
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