Post From Dinar Updates By Rudie Part 1
Comments may be made at the end of Part 2 Thank You
Welcome to news time with Millionday at dinarupdates.com
[millionday] here we go >>> The Ministry of Finance of Iraq announced the launch of work document 'insurance wellness' to all citizens. explained Sadiq Abdul Rahman Hussein, Director General of the National Insurance Company of the ministry in a statement received by the Agency (news) copy of it: that his company has introduced 'policy' new complementary insurance certificate Life a document 'insurance wellness', where can any citizen from which to insure his health. -
[millionday] The document included the company regardless of the amount of compensatory (Insurance) to the beneficiary upon request in the event of wounded one of the chronic diseases or incurable cancer, diabetes and blood pressure
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The heart or exposure to infections satisfactory such as blindness and paralysis. Between: The 'document serves as a contract between the company and the beneficiary Sticky personal data for student insurance, and the value of the insurance fees or premiums
Finance to be paid for insurance purposes and whether the payment will be annually or quarterly depending on the type of document as well as the period of insurance '. confirmed:
that compensation in the insurance policy on the wellness acted immediately to the contractor with the company yet to prove through committees specialized medical and injury patients it abruptly, noting that
[millionday] note -- long term disability and short term -- with medical insurance as well -- this is part of benefits for various reasons and for labor as well
[millionday] note -- this keeps getting better and better -- smile
[millionday] confirmed: that compensation in the insurance policy on the wellness acted immediately to the contractor with the company yet to prove through committees specialized medical and injury patients it abruptly,
noting that the company will go along with document wellness and insurance on the lives of individuals and other documents to insure personal items,
as well as on all assets for both the public and private sectors from various accidents, and in the case of expiration of the contract we are recovering all amounts added a portion of the profits of our universe investment company. ,
and continued: 'entitled to the insurance company and in accordance with the Employment Act funds in various aspects of investment such as real estate, deposits, remittances and the IPO shares of joint stock companies in private and
[millionday] note -- there are many and i mean many that believe that the insurance act is a huge door to our success
[millionday] yes -- it is so much that this is covering -- brb with more
[millionday] we have mutual friends that have called and said that is all --we are waiting on -- i dont think that means that it leaves zero but
[millionday] I do like that the two weeks to three that were given for us to see the removal of the three zeros is ticking away -- we shall see
[ROBINREDHED] ready to be free
[Danalivin4HIM] so is the insurances approved and implemented?
[millionday] this was my favorite part of the last part and shows how much they are discussing in coverage and the huge act they are referring to >>>>>>>>>>>>>and continued: 'entitled to the insurance company and in accordance with the Employment Act funds in various aspects of investment such as real estate, deposits,
remittances and the IPO shares of joint stock companies in private and among the citizens and all the owners of transnational corporations to encourage them to insurance 'and we have in the context of this goal, a plan to pay annual dividends on contractors us from policyholders both by maturity,
after offset between compensation paid and the premiums Finance received at the end of each year. ' , said Thamer Mohammed Abdul Karim Branch Manager, National Insurance Company in Baghdad:
It is people can benefit from the insurance policy on wellness and they are alive other than life insurance where the disposal of compensation only after verification of death.
, and added that the new document 'provides precisely the advantage of health insurance for individuals about stroke and heart attack and paralysis of the parties and the incidence of various types of cancers or other chronic diseases or intractable. " said Abdul Karim:
wmawhite] millionday ........has this been passed by parliament?
[millionday] wmawhite this answers your question in the last part and let me say this too
[millionday] the six months means that the policies they offer begin paying out after six months as part of the policy regulations like we have a deductible etc
[millionday] This document is valid Six months after signing with the beneficiary ', pointing out that' in the event that the owner of the document to harm patients will pay his company's insurance amount agreed upon. ' and stressed that 'insurance policies are gaining great importance,
it allows the owners of individual and corporate insurance coverage guarantor of their lives and property against traffic accidents, theft, fire, explosions and various material losses, as the insurance sector played a major role in moving the national economy and support the state's revenues.
' and pointed Abdul Karim that his company 'works to increase community awareness of the need for insurance and the development of the sector to activate its participation in the achievement of the overall national development'
[tourman] so these insurance policies are for companies that are invested in the country?
[millionday] this is part of the country plan that we have been told will be activated with the economic reform, banking, monetary and all other advancements in Iraq we are watching
[Danalivin4HIM] yahoo.. nice
[caravaggio] This appears to add another layer of "stability" to the system.
[jarhead] They're becoming stronger
[millionday] tourman and for workers , retirees, preexisting patients along with things that are stolen -- burnt etc etc
[millionday] so the insurance act entirely - yw all the time -- brb with more
[jarhead] Again better than ours
[Danalivin4HIM] millionday they are doing this now right?
[millionday] Danalivin4HIM yes
[millionday] here we go -- this is about us and what impact our investment or as they call us speculators---has on the economic reform and the beginning phase of the removal of the three zeros
[millionday] View National Coalition MP Kazem Al-shammari, the CBI's actions regarding the requirements of banks to enter the currency market are correct and will are important to the stability of the currency and the market in the long term.
Al-shammari said in a press statement to the media library, receiving PUKmedia, 2014 Friday February 14, to "talk about the high price of the dollar against the local currency because of the actions of the Central Bank to require banks to put their reserves at the Central Bank as a condition for entering the currency market is inevitable and
[millionday] will continue being a reaction of speculators and the weak banks to force the Central Bank to reverse its decision."
The Attorney added, "a Central Bank is a true professional and will have significant positive impacts on the economy by ending the influence of speculators and non-discreet banks and reduce their influence that stretched the market and make it hostage to their whims and maintaining the effectiveness of the powerful and credible banks and security work serves the local economy".
[millionday] Shammari said "the need to support the actions of the Central Bank to prevent the return of currency traders benefiting from pulse market prices and those who make their living on entering the local market in successive crises from time to time to service the assets built on the shoulders of the poor."
[millionday] so let me summarize what we have here --- they have announced that CBI has decided it is time to bring back the currency exchange markets and are referring to their fee of exchange as a way to make money off the back of the poor
[millionday] they seem to think that it is not fair to charge a fee to exchange their currency when they deliver them to the exchange markets and get the smaller denoms during the zero removal --- and
millionday] actually it is part of their religion and is written as such -- robin and I and maybe some of you remember the change or at least the problems they have had due to the religious effect of charging interest rates and any fees for doing a favor –
which is how they referred to loans -- so this issue is much more minimal than we thought it could turned out to be when it first came up -- smile
[ROBINREDHED] they cannot
[millionday] so obviously -- great news to say the least
[ROBINREDHED] even the muslim banks in america=no interest
[wmawhite] millionday .........This is much bigger than most folks realize.......the CBI has made a huge change in their policy. They have made the move to an Open Market operation............this is a huge step in changing the value of the IQD.
[millionday] so they are now demanding that CBI back their decisions by their beliefs --- butthe decision is made and that is my friends -- fantastic news smile
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[millionday] ROBINREDHED exactly
millionday] wmawhite CBI`s decision is huge to move forward and the announcement making it to the citizens -- i agree hun – huge whooop whooop brb with more
[Dianne777] whoop whoop
[wmawhite] millionday ......SOONER than we think tooooo!!!!
ROBINREDHED] wmawhite cant be, because im thinking.....NOW
[wmawhite] millionday ....The CBI has made the step outside of the airplane and there is no going back........and a change in the value of the IQD is their parachute.
[millionday] this is huge info and a lot of it --
[millionday] dont miss a word and then we have much more very informative info to look at as well so i am trying to make it quick smile
[millionday] House Speaker Osama Najafi, the federal budget and the outstanding issues between the government and the Kurdistan region, with the heads of the relevant parliamentary committees and representatives of the government, in order to find a solution to outstanding problems regarding the budget for fiscal 2014.
[millionday] note -- this is the very important meeting we told you about with CBI present and all people involved in the economic reforms
[millionday] According to a statement issued by the information department of the Council of Representatives, received the "morning," a copy of it, that Najafi stressed,
during the meeting, which was attended by the Vice-President of the House of Representatives Qusay al-Suhail and Aref Tayfur and Deputy Prime Minister Ruz Nuri Shaways and Deputy Prime Minister for Energy Hussain al-Shahristani,
Oil Minister Abdul Karim and coffee and Minister of Finance Agency purity of net debt and the President of the Office of Financial Supervision Abdul Basit Turki, secretary general of the Council of Ministers on the Keywords as well as representatives of the heads of the blocks and the relevant parliamentary committees.
[millionday] On the importance of expediting the settlement of disputes between Baghdad and Erbil on oil revenues and lots of provinces, calling for the dismantling of the problems and the separation of contentious issues,
which lasted for years in order to approve the financial budget in order to discuss the differences in the time of the last, asking not to download the House of Representatives responsible for the delay in approving the budget,
because the reason is due to delay their arrival to the Council and the failure of the federal government with the provincial government about the oil exports of the Kurdistan region.
[millionday] note -- they are stating that the issue that is holding up total agreement is the kurdistan oil production agreements --- so lets see what they tell us about it and what is expected from it
[millionday] stressed Deputy Prime Minister Ruz Nuri Shaways existence of efforts seriousness to resolve the outstanding problems between the federal government and the Kurdistan region and the search for solutions for approving the budget,
especially in light of the existence of points of convergence of many between the two sides on the means for the export of oil produced in Kurdistan., in turn, Deputy Prime Minister for Energy Hussain al-Shahristani said the government welcomes the export of oil from Kurdistan, but
[millionday] >>>>>>>>>>>>>>>>>>>>>>>>> it must be done to measure the amount of oil exported and sold at world prices,
[millionday] stressing that Iraq is obliged to deposit revenue Development Fund until the payment of compensation Kuwait, revealed the existence of a proposal that that each party shall bear the responsibility of contracts and takes the province proportion of the 17 percent that pay dues of companies of this ratio.
Lama and Oil Minister Abdul Karim and coffee, has called for agreement on a common formula between the government and the province to conduct the process of export of oil from any party and in a manner that guarantees the rights of all parties.