Millionday News time 4/20/16 Part 1 of 2
WELCOME TO MILLIONDAY NEWSTIME AT DINARUPDATES.COM
millionday: WE HAVE LOADS OF NEWS TONIGHT TO LOOK AT SO GET YOUR HATS
millionday: THERE IS A LOT OF GREAT NEWS
millionday: I MEAN A LOT
millionday: LIKE WHOOPOW
millionday: It confirmed the United States, on Wednesday that the economic reforms the Iraqi government began to show the effects of an increase of non-oil imports, while pointed to the success of the Iraqi government to reduce the budget deficit would mean obtaining a loan from the International Monetary Fund worth billions of dollars.
millionday: NOTE -- CONFIRMED FROM WASHINGTON THAT IRAQ HAS SHOWN EFFECTS OF THE IMPORTS
millionday: The US ambassador to Iraq, Stuart Jones said in an interview for a number of media, including (long-Presse), building the US embassy in Baghdad, he said that "the economic reforms the Iraqi government began its effects appear to increase non-oil imports," noting that "the continuation of the Iraqi government in this performance will contribute great in the elimination or reduction of the budget deficit. "
millionday: NOTE -- THE IMF IS MOVING FORWARD WITH A LOAN DUE TO PROGRESS ACCORDING TO THIS
millionday: Jones added that "the Iraqi government's success in economic reforms would mean signing an agreement with the International Monetary Fund, you get a loan worth billions of dollars."
millionday: SO WHAT WE SHOULD SEE IS THE SIGNED AGREEMENT AND WHAT WE SEE HERE IS GREAT ENCOURAGEMENT
VIPER: so because of what they are being able to import, it is helping the economy so they can now get loans? Is that what this means?
millionday: THIS MEANS THAT THEY ARE WORKING ON THEIR GDP --
THIS WILL IMPROVE THE COUNTRY BECAUSE IT IS WHAT IS THE BACKBONE OF THE ECONOMIC REFORM AND THEIR ENTRY TO THE MARKET IN THE GLOBE --
THEY ARE TALKING ABOUT TRADE MOVING FORWARD, IT WILL REQUIRE THE INTERNATIONAL EQUATION THAT THEY WERE ORDERED TO COMPLETE -- FAIR TRADE
BUCK: always confused about giving loans without a change in dinar value....seems with such low purchasing power it is a waste of money. we hear that a value change is needed before some loans are given is that correct>>>>????????
millionday: THE IMF HAS GIVEN A FORMAL RELEASE TO MOVE IRAQ TO ARTICLE 8 AND IT IS ON THE FORMAL WEB SITE OR AT LEAST IT WAS ---- THEY WILL NEED TO HAVE PRICING AND ALL TRADE EQUAL AND COMPETITIVE –
WE HAVE NO GUESS OF WHAT THAT WILL BE BUT THE RATE THEY HAVE NOW AND THE PRICING IS ALL FROM THE IMPOSED RATE --
WHAT THEY COME OUT AT PRICE WISE WILL HAVE TO BE AT A VALUE THAT COMPETES IN THE MARKET –
ONE WAY OR ANOTHER --- ECONOMICS GLOBALLY REQUIRES A CALCULATION THAT ALL COUNTRIES ARE REQUIRED TO HAVE --
THAT IS HOW THE VALUE OF THE DOLLAR AND ALL CURRENCIES ETC ARE DECIDED -- THE GLOBAL PRICING INDEX
millionday: FOR THE IMF TO GIVE THE LOAN IS NO SHOCKER DUE TO THE EXTENSIVE DAMAGE DONE IN THE COUNTRY ---- INFRASTRUCTURE -- UTILITIES -- AND ENTIRE TOWNS -- HUGE MONEY NEEDED
millionday: Iraq Stock Exchange, announced on Wednesday his intention to work for after trading through the end of this year system in 2016, as he emphasized that it will contribute to "activate" trading and "attract" investment and "streamline" the work procedures.
millionday: NOTE -- THIS YEAR IS BEING ANNOUNCED AS THE YEAR THAT THE IRAQI STOCK EXCHANGE WILL BE PROMOTED AND ACTIVATED
millionday: Said Executive Director of the Iraqi market for securities, Taha Ahmed Abdul Salam, in an interview to the (long-Presse), said that "the trading system can be remotely investors from trading in securities via the Internet from anywhere," expected "system accomplish the end of the second half of the current 2016 ".
millionday: NOTE -- BY THE END OF THIS YEAR IT IS EXPECTED TO BE ACCESSIBLE EVERYWHERE -- THIS IS THE GOAL
millionday: He said Abdul Salam, that "the system will stimulate trading in the market and attract investment and simplifies operating procedures by allowing the introduction of stock purchase order or sold by the beneficiary directly under deals that purports to its conclusion," noting that "the system can be beneficial to cancel orders that do not want it, as well as access to reports and statistics they wish to get them to follow the evolution of stock trading activity. "
millionday: NOTE -- THEY WILL BE WORKING ON THE BUY AND SELL AND ITS SMOOTH SUCCESS THROUGHOUT THE GLOBE
millionday: He said Abdel-Salam, "The use of remote system helps to follow the disclosure on a specific stock or stock corporations all," pointing out that "the update is the latest procedures that will be used by brokerage firms to enable investors to execute trades mechanisms themselves in accordance with the instructions and rules prevailing in the market Iraq Stock Exchange. "
millionday: Abdul Salam confirmed that "the Iraqi market will continue to hold workshops to introduce remote trading and increased expertise before choosing the appropriate system for investors."
millionday: SO AS WE SEE -- THE EDUCATION OF THE SYSTEM IS A HUE HURTLE -- BUT MAKE NO MISTAKE THEY ARE NOT BEGINNING AT GROUD ZERO ON THIS --
HOWEVER WITH THE HUGE PROMOTION OF INVESTORS -- FRANCHISING ETC -- THEY HAVE A LOT TO LEARN SO THEY CAN BENEFIT AS A COUNTRY AND AS CITIZENS
JIMPLANTS: I vote for before the end of June LIKE NEXT WEEK
millionday: I SECOND THAT VOTE. THE I'S HAVE IT, LOL
KAT1: So does that mean Iraq is not going international until the end of the year?
millionday: NO THIS MEANS THEY EXPECT THE ISX TO BE ACCESSIBLE EVERYWHERE AND CONNECTED BY THE SECOND HALF OF THIS YEAR --
IT HAS TO BE INTRODUCED EVERY WERE SO THAT IS GREAT TO HEAR ---
HUGE WORK TO GET DONE AND IMPACTFUL TO THE MARKET SO IT HAS TO BE DONE BY PROCESS TO NOT IMPACT ANY WORLD MARKETS NEGATIVELY IMO
millionday: NOTE -- THIS IS A HAT HOLDER
millionday: THIS IS THE REPORT FROM THE HUGE MEETING IN WASHINGTON ABOUT IRAQ'S ECONOMIC REFORM
millionday: IF YOU EVER READ ANYTHING I POST --- DON'T MISS A WORD OF THIS -- WHOOPOW
millionday: Finance Minister Hoshyar Zebari, on Monday, with a kilo Honda Executive Vice President of Multi-Agency of the World Bank Investment Guarantee parties, the possibility of bringing many of the financiers and investors to the Iraqi market.
millionday: The ministry said in a statement received / balances News /, a copy of the "Zebari and his accompanying delegation will continue for a third day in a row meetings with decision-makers in the International Monetary Fund and the World Bank Group for Iraq for international financial support to meet the challenges of the financial and economic crisis faced by the this stage, whether in the field of budget support or in the implementation of investment projects. "
FIREFLY_: This is for real this time folks !
millionday: NOTE -- THIS IS ALL ABOUT THE ACTIVATION OF THE ECONOMIC REFORM -- AND IS MOST IMPORTANT TO ALL WE READ TONIGHT
millionday: READ EVERY WORD>>>>>>>>>>She said, "Zebari held a long meeting with a team from the International Monetary Fund, which was chaired by Christian coconut director of Iraq's office of the Fund experts, addressed a number of executive actions to reach an agreement between Iraq and the Fund as soon as possible to finalize the Stand-By Arrangements,
which will get Iraq whereby the support of Fund, will contribute to this agreement not only in Iraq for concessional financing but will significantly help in obtaining financial support from the international community and facilitate entry into the international capital markets. "
millionday: NOTE --- ENTRY INTO THE CAPITAL MARKETS MEANS --- THE SALE AND EXCHANGE OF THE DINAR
millionday: He continued, "As finance minister accompanying him with a kilo Honda Executive Vice President and the delegation met for the Agency to ensure a multi-the World Bank's Multilateral Investment in order to accelerate the implementation of projects undertaken by the agency and discuss the possibility of bringing many of the financiers and investors to the market
millionday: SO THIS IS THE FORMAL MEETING TAKING PLACE TO MOVE IRAQ FORWARD AND THEIR MAKET AND THE DINAR
millionday: BAM BAM !!!!!!!!!!!!!!!!
SWAN2013: I AM READY!!!!!!!!!!!!!!!!!
millionday: AND I AM PAST READY LOL
millionday: KNOW THIS MEETING IS VERY FORMAL
millionday: THIS IS VERY MAJOR
FIREFLY_: Hmmmm ... why was JL at the meeting?
PINKLADY: WHOOP WHOOP WHOOP POW!!!!!!!