Millionday Newstime 9/9/15 Part 1 of 2
WELCOME TO MILLIONDAY NEWSTIME 9/9/15 AT DINARUPDATES.COM
Millionday: LOADS OF NEWS TONIGHT --- A LOT
Millionday: Wednesday expressed his delegation, willingness to House Speaker Salim al-Jubouri, providing expertise in the drafting of laws for the reconciliation project in Iraq.
Millionday: NOTE -- THE RECONCILIATION PROJECT -- PAPER DONE ALREADY IN INK
Millionday: NOTE -- THIS IS HUGE ---
Millionday: READ EVERY WORD -- TELLS YOU WHY
Millionday: A statement by his office received by all of Iraq [where] a copy of "al-Jubouri, received in his office Professor Stefanos De Queen Executive Director of the Center for Justice and Reconciliation in South Africa and Dr. Adam Abdel Mawla Director of the United Nations Development Programme in Iraq,
was reviewed during the meeting of Parliament's efforts and the government in the legislation of laws that contribute to the promotion of national reconciliation file, also discussed the negotiation mechanisms and the inclusion of all parties dialogues in support of the reconciliation efforts and reforms in the country.
Millionday: NOTE -- OBVIOUSLY GO RIGHT WITH THE REFORMED IRAQ
Millionday: "He said al-Jubouri," the need to take practical steps in order to activate reconciliation file through the laws of legislation contributes to convert ideas into solutions implemented on the ground, he said, adding that "there is a great desire in the implementation of reconciliation, something we are seeking hard to solve all the problems and overcome the obstacles that hinder the movements of Parliament in this aspect."
Millionday: NOTE -- READ EVERY WORD OF THIS -- RESULTS FROM THIS BEING DONE -- THEY HAVE BEEN PREPARING IT FOR MONTHS -- IT IS NOT A NEW PROJECT WE WAIT FOR -- IT IS VERY PLANNED AS WE HAVE READ
Millionday: Speaker of Parliament and the price of "the role of the international community represented by the United Nations Programme in supporting Iraq through the experiences of other countries.
"For their part, members of the delegation expressed their willingness to provide experiences that contribute to the preparation of a report paves the way for the drafting of laws in the interest of national reconciliation project in Alarac.anthy.
Millionday: SO ---- SUPPORT FOR IRAQ TO BE AS OTHER INTERNATIONAL COUNTRIES -----
Millionday: LET ME EXPLAIN SOMETHING
Millionday: THE RECONCILIATION PROJECT WILL INCLUDE INTERNATIONAL REPS /LEADERS ETC AND WILL BE IN BAGHDAD ------- IT IS HUGE –
THE PAPER OF THE COUNTRY`S MEANING OF THIS HISTORICAL MOMENT IS DONE AND THEY SHOWED THE MEETING OF AGREEMENT -- THE LEGISLATION THAT WILL BACK IT IS ON THE TABLE FOR THE >>>EVENT
Millionday: I CALL IT THE BOW -- BUT WHO AM I
sagecanyon8: I think that means a big WHOOPOW!
Millionday: NOTE -- BANKS COMING TO IRAQ IS ONE THING >>>>THIS IS SOMETHING ELSE >>>>WHOOOPOW
Millionday: Iraq seeks to open up to the world through the re-international banking relations across the branches of the Iraqi government banks abroad, especially after his release from Chapter VII and the consequent financial sanctions caused great damage in the public banking system and cast a shadow over the country's economy.
Millionday: In this regard, said Director General of the Rasheed Bank Mohamed Abdel Wahab: that Iraq and immediately after the announcement of the lifting of international sanctions and exit from Chapter VII began a campaign of moves, saying in a statement »Sabah» that there is a committee was formed in the Ministry of Finance with a membership of the Rafidain and Rasheed to discuss re-opening of the branches of government banks outside Iraq as it is a gateway of trade relations and foreign investment.
Millionday: NOTE -- THIS IS FOR TRADE AND INVESTMENT -- IMAGINE -- THEY NEED AS MUCH AS POSSIBLE
Millionday: He stressed that this issue is of great significance in moving the economy, and the improvement and development of economic relations between Iraq and the world, calling for the move and transfer procedures and agreements on the exit of Iraq from Chapter VII to the land reality and make it real things concrete and not a dead letter.
In this context also the Director-General said that there are efforts to set up overseas branches of Rasheed Bank in Beirut, Romania and Pakistan, adding that the number of internal branches of the bank in the whole of Iraq 151 branches distributed among the provinces.
Millionday: NOTE --- IRAQ HAS PLANS OF OPENING 151 BRANCHES ACROSS THE WORLD -- REMEMBER HOW LONG THIS HAS BEEN IN THE WORKS AND THE EXISTING BANKING RELATIONS NOW
Millionday: He noted The number of branches now compared to the number of population and geographical area below the level of ambition and there are efforts within the bank plan in coordination with the central bank for expansion and opening of four branches annually to meet the needs of the public from banking operations.
said Abdul Wahab said his bank financed 27 giant projects ranging from cement plants and agricultural fields have achieved feasibility and contributed to get the economy moving locally.
Millionday: NOTE -- AS WITH ANY BUSINESS -- THE PLAN IS WRAPPED AROUND CONSUMERS
Millionday: NOTE -- HUGE POINT HERE
Millionday: He pointed out that the Rasheed Bank continuously firing loans to widows and retirees in order to finance small and medium projects, stressing that the rest of the kinds of advances for citizens currently parked as well as a large rationing for other types of loans.
Millionday: NOTE -- CURRENTLY [PARKED ]---WOULD ONLY MAKE SENSE AS STOPPED --- IT IS NOT A CAR
Millionday: NOTE -- SO LOANS ON HOLD
Millionday: SO IMO -- THE NEW SALARY SCALE AND FIGURES HAVE NOT BEEN APPLIED -- I SEE NO OTHER WAY TO EXPLAIN THE POINT ---- LOVE IT
Millionday: House of Representatives, on Wednesday, its 19th, headed by Salim al-Jubouri, and the presence of 210 deputies, while the parliamentary source said that the council will vote on the bill and will end the first and second readings of the seven laws.
The source said in an interview with Alsumaria News, "The House of Representatives held today, its the 19, headed by Salim al-Jubouri, and the presence of 210 deputies, "noting that" the meeting will vote on the draft to impose fees on vehicles for the purposes of maintenance of streets, bridges Law ".
Millionday: NOTE -- THEY ARE VOTING THE AMOUNTS THROUGH AND NOT RELEASING THAT YET --
Millionday: HERE IS WHAT WAS DONE
Millionday: The source, who asked not to be named, said that "the meeting will end the first reading of the draft law on ratification exempt diplomatic and special passport holders agreement and the service of feature access between the Government of the law of the Republic of Iraq and the Government of the Republic of Azerbaijan, and to project correct errors in bonds and the decisions of agricultural land settlement law."
"The meeting will also end the first reading of the proposed abolition of the Revolutionary Command Council Resolution Act (dissolved) No. 21 of 2000 (proposed annexation of the hotel and tourism institutes to the Ministry of Education Act)
Millionday: , noting that" the agenda of the meeting also includes the completion of the second reading of the draft accession law Iraq to the 1988 Protocol on the International Convention for the Safety of Life at Sea of 1974, and the draft law amending the Association of Accountants and Auditors Act, and the draft reform of the inmates and depositors Law, and the Anti-Money Laundering and Financing of Terrorism Act.
"The presidency of the parliament decided on Tuesday (September 2015 8 ), the postponement of the 19th session on Wednesday due to differences on the National Guard Law.
Millionday: SO -- THE HUGE LET DOWN ON THE LAWS YESTERDAY WAS A ONE DAY CHANGE
Millionday: PLEASE STAY OFF THE ROLLER COASTER --- SMILE
Millionday: MERRY-GO-ROUND ONLY -- SMILE
Millionday: THE MOST IMPORTANT IN THIS AGENDA FROM TODAY WAS OF COURSE >>>>>>> and the draft law amending the Association of Accountants and Auditors Act, and the draft reform of the inmates and depositors Law, and the Anti-Money Laundering and Financing of Terrorism Act.
Millionday: IT IS READY FOR VOTE
Bax: do they read these two ..or three times... I forget..... and anything on the Natl Guard law?
Millionday: TWO TIMES READ AND THEN VOTE
Millionday: THEY EXPECT THE NATIONAL GUARD LAW TO BE DONE THIS WEEK -- ALL THE PROBLEM IS TWO THINGS .......
Millionday: ONE -- DO THEY STAY AT THEIR PROVINCE---TWO DO THEY GO IN WHEN AREA IS CLEARED OF TERRORISM OR DOES OTHER SERVICE ETC --
Millionday: THE THING IS THIS
Millionday: NOT ARE THEY PLANTED IN THEIR PROVINCE BUT THE ARTICLE 140 ISSUES --- WHO COVERS WHAT IMO ---- NATIONAL<< Millionday: THEY ANNOUNCED YESTERDAY -- TWO DAYS
Millionday: FIREFLY DID YOU HAVE A COMMENT ON THE BANKS GOING INTERNATIONAL?
_firefly_ Millionday: Ummmmm ......BINGO !!!!!!
_firefly_ Millionday: World Bank Restructure the Rafidain and Rasheed in Order to Raise the Value of the Iraqi Dinar
Millionday: I LOVE YOUR COMMENTS -- SMILE
mary: Amnesty law, is it done, finished & voted on ?..
Millionday: IT WAS ON THE TABLE WEEKS AGO BUT DON'T SEE IT AS DONE -- I WILL BRING ANY INFO I FIND
Millionday: NOTE --- THE ISX IS CLOSED --- THEY SAY DUE TO LOW PERFORMANCE
jackflash101st: any more info on the 2 banks being restructured as to the raise the level of the dinar? Don't remember reading anything about that actually happening... My mistake just don't remember seeing such an article
Millionday: THE REPORT I BROUGHT WAS THE ANNOUNCEMENT OF THEM GOING INTERNATIONAL IN A BIG WAY
Millionday: SECOND ONE I THINK
Millionday: FIREFLY COMMENTED ON THE REPORT
jtank: any thoughts on the ISX being closed
Millionday: THE INDEX IS NOT GOOD IMO -- BUT VERY INTERESTING TIMING TOO IMO WITH THE NEWS I WILL BRING IN A SEC
Millionday: As part of efforts to help bridge the budget deficit, the Iraqi government is seeking to have a version of the first international bond in nine years in Europe and the United States this week.
The government hopes to raise up to six billion dollars in a series of versions Keywords dollar bonds but said that the first phase will be to collect two billion dollars. He predicted that the interest rate exceeds the eight percent because of security concerns. Baghdad also plans to issue local bonds worth five billion dollars starting from the last quarter of the year.
Millionday: WHOOPOW >>>>>>>>Keywords and said that the issuance of bonds in international markets would help in the reintegration of Iraq, the global financial system after years of wars and sanctions.
Millionday: SO THIS ALL SEEMS VERY SOON WITH THIS WEEK ANNOUNCED AS THE GOAL -- AND THE MOVE IS TO DO WHAT ?>>>>>>help in the reintegration of Iraq, the global financial system after years of wars and sanctions.>>>>THE LAST QUARTER WHEN THEY ARE PLANNING LOCAL BONDS BEGINS >>>>OCT 1ST
Nadita: So Iraq is trying to raise 11 billion dollars in the bond sales. 6 Billion dollars in international bond with 8% interest and 5 Billion dollars in the country starts in 4th qtr 2015.
They tried to sell bonds in August and was not successful. Do you think international market will gobble these bonds up with 8% interest without internationally traded currency? I guess it doesn't matter if the bonds in USD. I thought I read somewhere they try to sell bonds in Iraq in September.. do they move that to October 1st now..?.
Millionday: IMO ONLY ----THE POINT OF THEM STATING THEM IN USD LEADS ME TO THINK THAT AS REPORTED BEFORE THE GOAL MAY BE -----ON THE MARKET
Millionday: IRAQ HAS REGULATIONS OF DINAR ONLY
firefly_ Millionday: Did you say the local Bonds at the beginning of the last quarter? Hmmmmm . That would put it at Oct 1st !!!!
Millionday: THEY SAID IT -- NEVER ME LOL
Nadita: I like your thinking they can say USD when their intention is in dinar. yes.. October 1st...
Millionday: THE INTERESTING THING IS THE TRIP ANNOUNCED BY CBI GOVERNOR WAS TO THE US AND LONDON
Millionday: ALONG WITH MANY MANY MORE IN THE TRAVELING PARTY
Nadita: yes.. and the bonds are called Euro bonds.. I am wondering if they are depegging from USD and pegging to Euro which will be higher than USD...? I don't know the exchange rate now make it interesting to is that the governor of CBI is in the tour of bond duty plus other ministers.. they mean business
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