Millionday News 12/4/13
millionday] we are going to start with a summary of the news today and then the news tonight - here we go first here are the major things that have happened today
millionday] Iraq announced that China signed contract 2011 for internet throughout the government and to link the country -- they announced its completion today at a price of 3 billion (very low) and
millionday] Iraq announced today that they are electronically connected with Asia, Europe, Us and the other many major economic Giants for all economic transactions – and today also
millionday] Iraq announced today that they are now completely ready to apply the administrative reforms -- which we believe will apply to all reforms because of the need of course and
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[millionday] very nice smile
[piuser64] very nice
[millionday] so we have them not connected until today -- very big item
[Smokey Mtn. Dinar] Whopper with cheese
[millionday] so let me get rolling on the news for tonight
[millionday] here we go Showed a researcher in economic affairs that Iraq can not live away from economic blocs as he faces international economic structure characterized by dynamic changes and technological developments that have affected the massive nature of markets and production structures and the nature of international trade.
millionday] note --- this means that they have to do international economic business with the massive changes that are taking place with them -- smile
[millionday] The researcher Accessories Akram Abdel-Latif , the "morning " that the reasons for slowing down the development of the Iraqi economy back to the wars experienced by the country and the economic blockade and the difficult security situation , pointing to the damaged its potential and competitiveness in all economic sectors , especially the financial and banking sector and the industrial sector .
Confirmed the need to develop solutions to these obstacles by developing plans short, medium and long-term as well as the enactment of laws and regulations that contribute to the building of infrastructure and services .
[millionday] so enactment is meaning it is prepared --- very nice and this is an explanation for the wait --
millionday] now yesterday the department of welfare was overtaken -- people died and we saw that Iraq security went in and took back control and arrested the living offenders
[millionday] this is very encouraging news for all -- international and also domestic brb with more
[millionday] here we go -- Praised general manager of TBI Hamdiya dry on efforts to expand economic relations with blocks its weight in the global economy .
Said dry in an interview for the "morning" that the presence of delegations of international companies in Baghdad is a step supportive of the local economy and a sign of the desire of specialized international companies to work in Iraq and investment in all sectors , stressing the importance of presence of French companies and the British in Baghdad and preferably closer ties with international companies
[millionday] They noted that British companies can invest in many industrial areas within the country , indicating the importance of providing an attractive environment for those companies and possesses of advanced technology and the country desperately needed. The period witnessed the presence of economic delegations British and French to Baghdad for the work environment and the local investment map prepared by the National Investment Commission .
[millionday] very nice --- its about time brb with more
millionday] here we go -- and this is a whopper --- a call to put Iraq bonds on their stock market – smile --Haseeb Kazim said the Iraqi market for securities needs to support continuous pointing out that he represents the most important sources of financing for the money medium and long term .
He added in an interview for the "morning" notes that the banking sector has the greatest weight in the activity of the market both in terms of the number of shares traded or the trading volume at the level of the amounts traded daily ,
so it requires the support of the sector by supporting the value of stocks and find ways to ensure that no degradation of their , through stop even for a specific stage for establishing a new Iraqi banks , and not to force it in the next stage to increase the capital of its hopes for more than 250 billion , because it directly affects the value of the shares.
[millionday] meaning that it effects the bank shares as well -- we have talked about the gains with the banking services and also expansions
millionday] He demanded that not only shares has only but will require work to encourage the bond market as well as the second pillar after shares in the trading of securities , as well as to allow banks to issue certificates of deposit , medium-and long-term , ie for a period of 5 years and 10 years issued by banks an interest rate of a certain being amortized dates assignment . , and pointed out that banks , especially investment which is the maker of the market and
[lorijeanmarshall] So where is the good news??? LOL LOL LOL LOL Just kidding millionday. This is AWESOME news!!!
[faith1] Ohh Lordy,,,, breath !! National !!
millionday] has so far not been able to invest their energies in both finance important projects and strategic or in the creation of companies holds the ownership or management of such projects , as factories producing sugar , paper , cement, electrical appliances and other companies that make food , and to address the phenomenon of the invasion of the Iraqi market for goods and shoddy goods .
[millionday] He drew attention to the need for investment funds , which are important sources of financing , which requires accelerating the issuance of appropriate legislation to take its way in the service of the Iraqi economy Stressing the support of the activation of services that can be performed by the banks as a department of investment portfolios and custodian service .
[millionday] so this is the call for international banking coming out of the New Iraq instead of the action of international banks in the New Iraq
millionday] adding the bonds to the stock exchange would be very good for the move of the ISX to the globe -- obviously this would not be as successful to stay within Iraq borders only -- smile
millionday] whoooop whoooop brb with more
[millionday] i agree –smile love it -- here we go
[millionday] time to put a big smile on your face
[millionday] Visit on Thursday, a delegation from the World Bank for the province of Maysan field on projects funded by him. The expert said the information technology in the World Bank delegation to Iraq Shaima Hassan told all of Iraq [where] on Wednesday that "the delegation will be headed by the Special Representative of the World Bank in Iraq [Mary Helen Pericnl and will brief the ground on several projects funded by the World Bank for projects roads and considerable resources Water in Hungary spend big in Maysan.
[millionday] Hassan showed that "the World Bank representative will meet tomorrow to discuss the Governor of Maysan, the most prominent needs of the province and what are the directions of the local government development funding consideration to the possibility of hearing, especially with the existence of successful experiences in this aspect.
The World Bank in charge of that, "Among the objectives of the visit, informed the bank represented on the ground in Iraq on the percentage of completion of the projects financed by the Bank in the province."
[millionday] they also were to come to visit for meetings but did not give a date so we shall see what comes of tomorrow world bank visits -- i believe they are verifying and also meeting with ministries
[millionday] brb with more
millionday] here we go – smile -- Committee of Economy and Investment Salman al-Moussawi said that " the development of the economic can not be reached only through the transformation of the economy 's dictatorship to a free economy ," noting that this issue is complex and not simple and need for concerted efforts despite the fact that the Constitution guarantees this transformation .
[millionday] Al-Moussawi said in his speech for the "morning" that a committee of economy and investment seeks to development by contributing to the preparation of work plans and provide inputs pointing to the prepared plan related to the capital market to make it able to accommodate future changes as well as the completion of the plan concerning the development of the administrative system year in government management .
millionday] note -- he is saying the development of the economy can only be achieved with the currency market as part of the transformation -- smile
[millionday] note -- today they called for the development of the administrative system as i brought up and showed at roundtable as well
[millionday] He called for the need to find a strategic overview of economic transition and follow policies used in the forefront of the investment policy , human development , commodity production and service , financial aspects , monetary , customs , competition and prevent monopoly , management integrity , social responsibility and the other for the advancement of economic reality in the country , stressing that the improvement activity economic thus lead to improve the level of welfare of the individual.
millionday] He called for the need to find a strategic overview of economic transition and follow policies used in the forefront of the investment policy , human development , commodity production and service , financial aspects , monetary , customs , competition and prevent monopoly , management integrity , social responsibility and the other for the advancement of economic reality in the country , stressing that the improvement activity economic thus lead to improve the level of welfare of the individual.
[Florida Country Girl] Oh my
[millionday] oh honey and that my friends means bring it on --
[ROBINREDHED] OH BABY
[millionday] smile huge love it love it
[All4HIM] So there is no more to be done but rv? maybe?
[millionday] sounds pretty clear nice
[DBJJ] I'm speechless...
[purecountry] Sounds to me like they are getting excited too and are wanting it done asap
[LBnFL] All4HIM I read that same statement a year ago...
[GrannieAnnie] whooper with cheese on top
[millionday] so let me look to see our working parliament has gotten done brb
wmawhite] millionday .............Personally,...........I have never seen this much outstanding news pointing to this ride coming to an end...........specifically, this type of news coming from the CBI, GOI and Parliament really did not start until this pass summer when Iraq came out of Chapter 7.
[millionday] wmawhite i agree -- loads
millionday] here we go
[wmawhite] from so many different groups too.....all saying the same thing.
[millionday] this is great news for the region and also understand that Iraq has stated they will have banks in all of the countries that were effected by arab spring and they are for development