[dandeloin] Anytime frame or just feb.
[h-spot] I'd like to think that they are getting everything together and finished to pull the trigger on everything at once!
[Richard Incrocci] h-spot...with the banking conference coming up I would have to agree with you. What better way to join the international world of commerce
[dandeloin] Hspot wouldn't that be great
[h-spot] Richard Incrocci we can hope and pray
[millionday] here we go >>>>>>>> President of the Kurdistan Region Masoud Barzani on the sidelines of the World Economic Forum in Davos, Switzerland, a series of bilateral meetings with presidents and world figures to participate in the forum.
Read More Link On Right
Where he met President Barzani last Friday, Laurent Fabius, the French foreign minister . During the meeting, they discussed bilateral relations between the Kurdistan Region and France , and the latest developments in the political situation on the Iraqi arena and the upcoming Iraqi elections .
[millionday] During the session of the meeting the Chairman of the Georgian government for the country's desire to develop relations with the Kurdistan Region , especially in the economic aspect .
In the same context, the two sides stressed the importance of relations between the two countries and expansion , where the Prime Minister of Georgia 's readiness to send a special delegation to visit the Kurdistan Region to conduct talks on setting up a mechanism for cooperation and development and strengthening of relations between the two parties .
In a related development, President Barzani met with Mr. Maiorslao Bodacht file official Middle East and North Africa at the World Economic Forum in Davos .
[millionday] note -- so barzani will be at the banking conference and has already met with many of the global leaders
[ROBINREDHED] well good
[millionday] check out all that he has met with >>>>>>>>>> He Maiorslao Bodacht During the meeting, expressed his thanks to the President of the Kurdistan Region and the delegation accompanying him for his participation for the second time in this Economic Forum ,
calling on the Kurdistan Region to participate in the Forum in the next year also . On the other hand met the President of the Kurdistan Region and the delegation accompanying him with Mr. Rachid Ghannouchi, leader of the Nahda Movement of Tunisia ,
and the two sides discussed during the meeting of the political situation in Tunisia after the stage of regime change , and the current political situation in Iraq in general and the city of Anbar in particular,
and Mr. Rashid Ghannouchi his desire to visit the Kurdistan Region . In contrast, President Barzani expressed his happiness to the desire expressed by Ghannouchi hello in the Kurdistan Region
[millionday] President Barzani also met on the sidelines of the forum with Mr. Amr Moussa, former Secretary General of the Arab League , where the two sides addressed the political situation in the region and in Egypt, and the latest political developments in Iraq .
He also met the President of the Kurdistan Region on the same day with U.S. Senator John McCain , was discussed the security situation in Iraq, especially in Anbar province, and relations between Erbil and Baghdad , as well as bilateral relations between the Kurdistan Region and the United States .
[millionday] end of report and huge list >>>>>>>>>>> The head of the Kurdistan Region and his accompanying delegation met on Thursday with Messrs. Rex Tillerson, head of Exxon Mobil Corp. and LG Breyer flung head of Chevron each separately .
Have expressed their thanks for the cooperation shown by the provincial government where the feet of President Barzani About the work and activities of the two companies in the region .
This thanked President Barzani, officials of the two companies to work and activities undertaken by their companies , stressing support the Kurdistan Regional Government for their work in the region .
[Imperator] If only Maliki were half the statesman that Barzani is.
[millionday] there is another report out that i ran across in the last day or so that kurdistan is stating they would like to be independent within five years
[millionday] i know that there is a report that is out that was brought up earlier but with so many in here let me make sure you all have seen this strange report
[millionday] brb-- with it chattels thank you -- right exactly brb with more
[millionday] look at this -- it is very interesting and of course the explanation makes no sense at all here we go >>>>>>>>> The People’s Bank of China , the central bank, has just ordered commercial banks to halt cash transfers. This notice, for instance, appears on the online portal for Citigroup's C -2.74% Citibank unit for its China customers: Important
Notice: 1. Due to the system maintenance of People’s Bank of China, Domestic RMB Fund Transfer through Citibank (China) Online and Citi Mobile will be delayed during January 30th 2014, 16:00pm to February 2nd 2014, 18:30pm.
As to the fund availability at the receiving bank, it depends on the processing requirements and turnaround time of the receiving bank. We apologize for any inconvenience caused.
2. During Spring Festival, Foreign Currency Transfer Transaction through Citibank (China) Online and Citi Mobile will be temporally not available from January 30, 2014 18:00pm to February 7, 2014 09:00am. We apologize for any inconvenience caused.
[millionday] note -- they have also put a bank in Iraq and we see no notices in other countries as of yet but there is more -- brb with it
[millionday] In short, there will be a three-day suspension of domestic renminbi transfers.
There will also be a suspension, spanning nine calendar days, of conversions of renminbi to foreign currency. The specific reason given—“system maintenance” at the central bank—is preposterous.
It is not credible that during the highest usage period in the year—the weeklong Lunar New Year holiday beginning January 31—the central bank would schedule an upgrade and shut down cash transfers.
[millionday] note -- meaning no currency exchange
[millionday] so here is the funniest explanation if you ask me
[millionday] A better explanation is that the country’s banking system is running dry.
Yes, there is an increased need for money in the run-up to and during the Lunar New Year holiday, but that is only a small factor.
After all, central bank officials knew this spike in demand was coming—it occurs every year at this time—and a core function of central banks is to manage seasonal liquidity fluctuations.
Moreover, the holiday has not started yet, and the PBOC, as that institution is known, could have added more liquidity to meet cash needs.
[millionday] so not only is the kurdistan bank without money but so is China? lol
[ROBINREDHED] good grief
[millionday] obviously there will be further reports about this i agree smile brb with more
[Richard Incrocci] China is only out of money because the Govt borrowed everything they have* *
[millionday] here we go >>>>>>>>> so if this was any of us we would be fired i would assume or hope as far as that goes
[millionday] Baghdad: as much as the President of the Federation of Arab Businessmen, Hamdi foul, Saturday, losses resulting from a state of "instability" in the Arab region by about 800 billion dollars as well as a decline in foreign investment over the past year by only 6 percent.
[millionday] A foul in a press statement, said that "lack of stability in the Arab region, which resulted in the loss of about 800 billion dollars as well as a decline in foreign investment over the past year by only 6 percent."
And called foul Arabs to "conduct an audit vigorous economic system of the Arab in the light of what is witnessing the Arab world from the repercussions of instability, chaos and division that caused the loss of direct and indirect multibillion dollar ".
[millionday] so that is the Federation of Arab businessmen --- not doing a very good job to say the least
[millionday] brb with more
[millionday] this was sent to me >> it is a translation from the arabic side of cbi and has been translated by a friend for me to share with you
[millionday] the one thing that interests me is the date -- they have a deadline for the register of selling foreign currency
[millionday] To / broker companies buying and selling of foreign currencies all CBI THE CBI IS ASKING BROKER AND COMPANIES THAT BUY / SELL DOLLARS TO: VISIT THE BRANCH OF THE CBI TWICE A WEEK TO PROVIDE THEIR WEB SITE ADDRESS, ALSO THEY HAVE TO LIST THE NAME OF THE BANKS THAT THOSE BROKERS AND COMPANIES DEAL WITH. THEY HAVE TO RESPOND BY 01/30/14.Or they will not take part in the sale.
[millionday] note -- I have no way of verifying but I trust the person that sent it to me -- so take it as it is -- this is supposed to be part of regulations that have been issued to Iraqi banks
[millionday] there is a list of them and I have been waiting for them to be translated and this is the only one I have gotten
[radronin] What do you think this means MD? Thank you!
[millionday] so if regulations are dated with compliance to be at the end of the month -- we like that -- so as i receive i will bring them in
[millionday] i think that if regulations are to be met by the end of the month --- banking compliance is something else we can put on the list for the economic reform
[Danalivin4HIM] is that part of the article 8 compliance? or is it the other 8?
[millionday] we shall see what the other ones say
[Imperator] Money laundering days will be a thing of the past.
[millionday] this is direct compliance orders from CBI to the country`s banks
[millionday] so we should see it as exactly that -- part of their money laundering regulations they have put in place
[millionday] Imperator smile
[traveler] oh ...and NOT the exchange rate? ;-)
[Imperator] thats big traveler. And necessary.
[Toby1Ton] MD is this talking about the brokers we use as well?
[millionday] they are to send all their info of sales of the usd it has here but i would assume of course it would be also all foreign currencies so -- we shall see what else I get if they send the rest
[millionday] yes --
[millionday] so that is the news tonight and oh what a load we had -- huge news
[Imperator] this is great. I have been waiting for something like this. Thank you millionday!
[ROBINREDHED] GREAT AS ALWAYS
[millionday] remember that the banking conference is coming and the summit is what is over -- my mistake -- dont want to confuse you on my slip up