Part 2 of 2
[millionday] now this is tomorrow morning
[millionday] here is the announcement to the public --- media adviser to Prime Minister Ali al-Moussawi, confirmed that the meeting between Prime Minister Nuri al-Maliki and President of Kurdistan,
Nechirvan Barzani was positive The agreement yielded about a proposal to resolve the differences of oil will be discussed during the third meeting of the joint.
Moussawi said in a statement the "morning", that "what matters the federal government and the prime minister in particular is not to be differences between the parties a reason for the emergence of cracking the national unity or national sovereignty or work to break up the country,
"noting that there are proposals submitted by both sides to resolve their differences showed a common desire to reach a solution.
Read More Link On Right
[millionday] continued: It was agreed to discuss the proposal of the Ministry of Oil, which is that is the development of a system of "Sumo" responsible for overseeing oil exporter and producer and non-
So, will examine the proposal next week and is answered by the province to be reached as a result of later, revealed the existence of a third meeting brings together the two parties, without specifying the place, whether in Baghdad or Arbil.
[millionday] note -- know that this is very very important -- they have to resolve the distribution of money --
[millionday] what is happening is they are going to use the committee but they are announcing to the receivers of the oil proceeds that they are meeting to finish next week
[millionday] so the resolve is the resolve within the people -- they have announced that something is going to happen and this is very good
[millionday] here we go this is the best part
[millionday] As a member of a coalition of state law just residual, it was not very optimistic that is conducive to visit the Kurdish delegation to solve all the problems between the central government and the provincial government over the budget and the issue of oil investments, which have become quasi-eternal.
said Faddaalah in a statement the "morning", "We used every beginning of the ratification of the general budget that occur Problems between the central government and the province Kurdistan about the region's share and expenses of the Peshmerga and other reasons that are designed to delay the budget no more,
"noting that the issue of oil investments does not solve the only passage of oil and gas law, which gives each party legal powers approved by him in order to keep this topic for idle political.
[alphaone2] Millionday Does this look.at all possible they pull the trigger before the big meeting in Jan
[millionday] we dont have a date yet but it looks as if they are working on getting a lot of things done very fast -- that is what i can say -- i am shocked by the many things they have gotten done very fast
faith1] delay the budget no more, Whoop !
[millionday] so this is good that kurds and Iraq are in a hurry
Richard Incrocci] Looks like the banking summit has lit a fire under their tails
[ROBINREDHED] Richard Incrocci hopeful
[Richard Incrocci] Robin...very
[millionday] it looks like they have had three meetings in such a little time it is crazy
[ROBINREDHED] thats a lot for them
[tbob] whooooop whooop banking summit and progress and in a hurry!! whoooop whooop!!
[Road_Kill] Definitely out of character for them
millionday] ROBINREDHED its unheard of too by what we have seen -- wow
[ROBINREDHED] wow is right
[slh5282] millionday, looks like they are tired of not being respected by other nations and especially with the amount of wealth they have and it is time to take back
[millionday] slh5282 i agree --- let me look some more economic brb
[millionday] i have one more thing that is too big to bring in here
[millionday] i want to know if this is posted so i have a little bit of it it is from cbi
[millionday] New Central Bank policy instruments Summary At its August 26 meeting, the Board of the Central Bank of Iraq (CBI) adopted a new Reserve Requirement regulation and a new Banking Facilities regulation.
These regulations are attached. This Communiqué sets out the broad features of the new regulations and explains the reasons for adopting them in the context of strengthening the CBI’s conduct of monetary policy and supporting the Ministry of Finance’s (MOF’s) new government securities issue program.
The CBI will soon issue draft instructions for implementing the new regulations.
sliderule] August 26 out today?
[slh5282] Millionday, so what if anything do you think this will do to the auctions?
[slh5282] Or will it set higher regulations of money movement and auctions as well
[boomshakalaka] sliderule - good question -- what is that date?? August 26th.....What year?
[boomshakalaka] has to be in the past
[millionday] let me see if u can translate it through a link one i have hold on a sec
[millionday] ... http://www.cbi.iq/docume ••• en_f.pdf
[boomshakalaka] but tbob, that was August of at least last August
[millionday] see if that works
alivin4HIM] So did they just now decide to implement this because they didnt in August?
[millionday] let me look back at which one i brought
[millionday] here is the rest of the title and the reason i was bringing it
[millionday] >>>>>>>>>>>>New Central Bank policy instruments Summary
[millionday] so i think it is very interesting
[slh5282] Millionday, could it be like the fed reserve here? They pass regulations then make them active at some point that is beneficial to them and if any associated cost, they become retro?
[slh5282] Just like the IRS
[millionday] so there we have the news for tonight