Millionday News 8/24/13
[millionday] ok let me say some things then i will bring some news
millionday] about a week ago we saw that the economic reform law was signed and approved by the ministers and also maliki it was then sent to parliament and we were not told if it was to be placed as law ect
[millionday] the timeline is what we did not know as usual -- and also we have been telling you there has not been anything to verify if talabani was alive or well -- obviously many people have been saying he has passed but he is now speaking so yes alive
Read More Link On Right
[ROBINREDHED] dead man dont speak
[millionday] now let me say this about how things are in most areas meaning countries
millionday] here the leader of the federal reserve is placed by our president and in iraq the leader of their cbi is placed by their gov as well this is the norm - as we know they are independent to minimize theft and ect ect
[millionday] so also as we know cbi has not changed the rate as of yet so the question is this -- is parliament passing the reform and what the heck is going on ?
[millionday] so let me bring you some interesting answers brb with it
millionday] Member of the Parliamentary Committee on the economy and investment the Kurdistan blocs Coalition mahma Khalil sinjari Committee soon to host the Central Bank Governor and officials to find out what planning and preparation of policy just to sell the dollar and raise the value of the dinar.
He told a press conference today that the hosting will be the cause of the failure of the Bank to invest in Iraq out of Chapter VII to enhance the value of the Iraqi dinar against the dollar.
" Sinjari said "today the Iraqi sovereign balance across more than $ 76 billion in World Bank and there was a constant increase of the balance, and out of Iraq from Chapter VII is not reasonable to keep the exchange rate in the market more than 1,200 Iraqi dinars" prompted the Central Bank to improve the Iraqi dinar against the dollar.
[millionday] The Central Bank failed to exploit the historic achievement and is out of Iraq from Chapter VII, which was supposed to raise the value of the Iraqi dinar against other currencies.
Sinjari said "we in the Commission call for officials at the Central Bank, is preparing a new strategy and policy and plan active time period for raising the value of Iraqi dinars for the advancement of economic reality and goal." "There must be a constant balance for Iraq compatible with the sovereign balance"
[millionday] now as we know the release of the country from sanctions would have been huge if the steps expected were taken and here we see the kurdistan region asking to meet with cbi to ask what the heck is going on - so now let me bring something else brb
[millionday] here is how parliament feels about the lack of the change in value -- Economic parliamentary calls for the central bank put a new strategy to raise the value of the dinar for the advancement of economic reality and to achieve the desired goal
The parliamentary economic committee confirmed that the central bank has failed to invest out of Iraq from Chapter VII to enhance the value of the Iraqi dinar against the dollar confirming that it will host a proxy bank governor and officials to find out the reasons
[millionday] He said the Commission's decision Mahma Khalil during a press conference the parliament building and attended by the correspondent Agency for News News (et)
The day balance sovereign Iraqi through more than $ 76 billion distributed in international banks and there is increasing balance
and out of Iraq Iraq from Chapter VII is not reasonable to stay exchange rate in the market more than 1,200 Iraqi dinars, demanding the Iraqi Central Bank to improve the Iraqi dinar against the dollar.
Khalil said that the central bank has failed to invest historic achievement which Iraq would emerge from Chapter VII, which was supposed to lead to the lifting of the value of the Iraqi dinar against other currencies.
[millionday] He added that we are in the economic demand that officials at the central bank to develop a new strategy and policy and plan effective over a period of time to raise the value of the Iraqi dinar for the advancement of economic reality and to achieve the desired goal.
Between Khalil that there must be a constant balance of Iraq fits with sovereign tally, stressing that there will be a host for acting central bank governor and officials to the Commission to find out what they are planning to him and put a correct policy to sell the dollar and raise the value of the dinar.
[millionday] so as we see parliament wants the cbi to raise the value and if they will not they are going to place a proxy gov that will -- that will tell us that they are all for the economic reform law as we see
[hstrymknwmn] Didn't Turki say he was ready and it was up to govt?
[millionday] cbi has the job of holding and setting the exchange rate and also the application of the monetary policy ect - in this instance and with their independence -- the gov is not happy with the leader of cbi in place - they are saying that they are going to put in a proxy gov and see what is going on
[millionday] and this is why -- the end of the quarter is on the way but the largest thing is that we saw that they activated the contracts and agreements with the foreign countries that have made them with Iraq -- this is not going to be a good thing at a false rate -- so they are wanting to be respected in these agreements and also move forward which is impossible without the economical reality applied to the rate
millionday] now some people have stated that the part of the market that went down was the forex side and that it was to connect for lack of better term the changes to the market -- we have no proof right now on that but it does not make any sense at all that hackers got into the stock market at that magnitude i will say that
[millionday] so what we know is that parliament is making press statements that they are going to pull turki and officials if they do not change the rate which was the benefit of being released from economic sanctions -- that makes sense brb with more news smile
[faith1] thought M put the leader of CBI in , when he took Shabibi out ..with false accusations?? So is the now leader of CBI a puppet of M ???
[millionday] i would say if they are saying that in live press statements they are for the economic reform law --
[millionday] no -- maliki is for the changes in the country -- but you are right that turki was placed by their gov and approved to be proxy gov but the bad part in my eyes is he wrote the report on shabibi
[millionday] and as we saw -- the changes have been dropped - we were told by shabibi when charges were dropped he would come back - we dont know if he is there in ink but there are rumors of course
[millionday] maliki does not run the government by himself -- democracy does not work that way and also the power sharing government form really does not work that way - brb with more
[millionday] this is what we call beautiful >>>>>>>>> ok so here we go with the beautiful part smile
[millionday] Emphasized academic economic d. Essam , the work that the adoption of the single window system after its launch in the registration of foreign and national companies in the Department of Registrar of Companies in the Ministry of Commerce would be reduced rings routine and accelerates the introduction of foreign investment.
[millionday] The Ministry of Commerce organized last week the first conference of the draft administrative reform which was attended by Adnan Tahir Said, director of the Department of Registration of Companies Agency and Hashim Mohammed Hatem Director of the Department of Foreign Economic Relations and head of the U.S. Agency for International Development and the Egyptian ambassador in Iraq
and the number of characters that deal aspect of trade and economic, which has been through the launch of the introduction of the single window in the registration of foreign and national companies in collaboration with the U.S. Agency for International
[millionday] note -- told you it was beautiful whooop whoop there is more
[millionday] Development to work the draft thread for solutions and legislative and administrative reforms firing single window for registration of companies.
He told (morning) that the launch of the introduction of the single window in this area will achieve the feasibility of it as the process of registering foreign companies specifically used to take several months because of frequent episodes routine and the intersection of some of the laws with each other what was causing the suffering of the process of registration of companies per month Ministry of Commerce.
[millionday] He pointed out that direct this step would rise by the work of the Department of Registrar of Companies because he Sechtzel time and provides the voltage on each of the company's owner and the staff of the department and therefore
When facilitate the registration of foreign companies in Iraq, it would reflect positively on the reality of investment in the country and to achieve economic development and real reconstruction.
He noted academic economic that the draft single window had created solutions to facilitate the work of the Department of Registration of companies including the development of the first site for trade name in Iraq on the Internet, which allows citizens through access to the Website from anywhere and see brand name he wants.
millionday] note - internet purchasing and the move of the economy coming up
[millionday] He also said the opening of a branch of the Rasheed Bank in the Baghdad International Fair, easy on the owner of the company and fire Diath to be directly linked to the department through a bank branch, in addition to the opening of a branch of the Federation of Chambers of Commerce,
at the headquarters of the Department of Registration of companies.
The expressed hope that the process of registration of companies after the launch of the project in a period not exceeding one week and shorten the recording time as well as improving services to citizens would be reflected positively on the investment side and administrative
[millionday] so we are talking huge isx movement and the registering of foreign investors --- that my friends will have to include the reforms of the country
[millionday] and will bring in droves the investors that want to enter the country --- and i have to say -- i love it brb with more
[millionday] this is going on right now - this is the meetings that are happening now - as in the today and also the morning news of tomorrow
[millionday] It said a member of the committee that country in need for the implementation of this law, because the product Iraqi subjected to destruction and so for several reasons, including the lack of a law protects the product of Iraq and the lack of support for the owners of the products,
as well as open the Iraqi market to entry of imported products shoddy which have effect in the destruction of the local product , weighted pass the law during the next term, especially that he (the law) agreed upon by all the political blocs, but they confirmed that the problem lies in the implementation mechanism. [millionday] laws of commerce smile
[millionday] indicated that the Article (2) of the Law on the Protection Iraqi products designed to achieve the protection of Iraqi products from the effects of harmful practices in international trade with Iraq and address the damage resulting therefrom,
and to provide an environment for the construction of a national industry able to compete in local and international markets. law seeks to achieve its objectives through several accordance with Article (3), including, coordination between ministries and relevant agencies and their counterparts in other
[millionday] countries and international organizations regarding the consultation and gather the necessary information and investigate them and make notifications and take action Almqtadhah to apply the provisions of this law,
as well as make recommendations proposed to address the damage caused by harmful practices for local producers to the Council of Ministers, and spread awareness about cases of dumping, support and unjustified increase in imports and ways of prevention, with advising and training local producers regarding the legal rights and obligations and actions to be taken in the case of the supply of products to the country and to export their products abroad.
[millionday] so there we go with laws in place for international commerce - love it whooop whoop --this is a great news night and im not done [millionday] brb with more
[millionday] here is for faith -- ours in the security and also our great member faith
[millionday] Against the background of developments in the security file recently and targeting frequent innocent by terrorist groups, widened claims need to consolidate the role of the parliament and the government to support the security forces and adherence to national dialogue respond conspiracy against the country amid the implications of what is happening on the domestic scene and regional issues.
With focused debates in the House of Representatives about taking real measures to counter the threat of terrorism, it was suggested MPs call security leaders to come to Parliament to find out the causes of the violations, as demanded by the Presidency of the Council, the parliamentary security committee to submit its report on the incident the recent escape of prisoners and security developments.
[millionday] support for security ----- MP for the coalition of Kurdish blocs Mahma Khalil stressed the need to support the parliament and the government work security forces in its actions to address the planned terrorist backed internationally.
Khalil said in his speech, "Center Brief for the Iraqi Media Network," "The House of Representatives decided to host security leaders to find out the reasons for violations recent security is that some of the forces responsible for the security file to not wish to come to the parliament sessions and trying to put obstacles on the pretext that the time is not right.
[millionday] The MP said "plans and processors were not feasible and must stop Iraqi blood shed," noting that "the Council called for the convening of the session in the presence of security leaders included the report of the parliamentary security committee, about what is happening security developments."
He hinted that the "failure of leadership for the audience or the reluctance of officials are not consistent with the Constitution, especially since the House of Representatives is the highest authority legislative, regulatory, and must respect the decisions that represent the decisions of the Iraqi people."
[millionday] Intensified wave of bombings recently in Baghdad and the provinces called for security forces to raise the maximum caution and Walhdhir and reviewing plans and activating the mechanisms of coordination intelligence to counter attack fierce faced by the country.
Prime Minister Nuri al-Maliki linking recent wave of violence suffered by Iraq, what is happening in Syria and the neighboring countries of the repercussions, calling for the preservation of national unity and responding to the conspiracies targeting foil the political process in the country.
[millionday] so this report is huge but they are working on help and securing the situation
[millionday] Parliament responsive He inch "The security situation at the forefront of the files that need to be resolved and the special treatment and that the Presidency expressed in response to give priority to hold discussions that will decode the circumstances of the scene and promote collective action to tackle the wave of violence."
In terms of the meetings of the political blocs, subject to an inch success of the initiative adopted by the National Alliance and achieve its goals, the availability of a genuine desire of the political blocs to activate the national project and to get away from the language of sectarianism and racism and nationalism ", saying that" otherwise, will turn to initiatives for meetings and meetings of the protocol will only be harvested fruit to uphold the national dialogue.
[millionday] so they are saying that moving the country to a better place will help and it is true -- they need to have money jobs ect and that is on the way smile brb with more
[millionday] Economic Commission MP for the rule of law Abdul Salam al-Maliki political blocs and the Presidency of the Council of Representatives to speed up the ratification of the infrastructure to the magnitude of the strategic importance that will relieve a lot of crises experienced by the citizen and the advancement of service in the reality of the country.
The MP said Maliki in a statement for "his press office": that the political blocs adopt a clear stance in overcoming differences and crossing the country from the crisis that passes by, calling to be the position actual and not through speeches and history information only for the purpose of promoting the election
[millionday] He stressed that the Iraqi citizen nimble and Nnbha enough to distinguish those who seek to serve him already for those who want access to voice thanks to the slogans and speeches, media rhetoric, calling for the presidency of parliament to include the law of infrastructure on the agenda of the meetings of the House of Representatives next, especially since the law is ready and meets all the legal proceedings, one of the laws in arrears.
He said that this law has seen a lot of differences parliamentary around despite its importance in the service of the citizen, refreshed structures needed by the country, adding that these differences between the blocs called on the Council to postpone a vote of 30 August 2012 and until now.
[millionday] this is the law of infrastructure done and ready to hurry through -- per maliki
[millionday] He said al-Maliki that he as well as the need for the country to what provided by this law of infrastructure, schools and hospitals, it will also provide a lot of jobs for young people as well as the revitalization of the investment movement,
criticizing the subject of this law for outbidding political to prevent highlight the success to be submitted by this law for a citizen to be considered government Current and fear of exploitation in the election campaign, calling to find confidence between the political parties in the House of Representatives because the citizen's interest lies in the adoption of this law.
[millionday] robinredhed lol
[faith1] Thank-You Millionday..Be of good cheer,, we are on the edge of the edge, of the edge... Yes I am... talking to myself ... thanks millionday,, you always bring a light that shines ever so bright,,, Thank-You... Thank-You.. support for security !! Yea ,, Yea.. Please Stop the Iraq Blood shed !! Yea!!
[millionday] faith1 yw all the time hun -- we love the care for others and feel it ourselves -- we do also worry about those that are miles away -- and it is hard seeing them struggle -- i hope that all investors pray for the iraqi families and their safety -- i am proud of your care
[ROBINREDHED] i pray for them
[millionday] please say a prayer for them here my friend so we all can together you are so good at that
[ROBINREDHED] hang on jus a sec\
[millionday] thank you
[ROBINREDHED] ok dear lord, i ask for the protection of all of the iraqi families lord we are all your children - we are loved and adored by you - you cherish every hair on our heads
[ROBINREDHED] there is not a day that goes by that you do not think of us and desire our lives to honor you - lord, i ask especially for the iraqis that you will place a hedge around them
[ROBINREDHED] whether they are Christian or muslim, lord they are all your children - i ask all things in Jesus precious name amen
[millionday] so i know by the banner that many of you have plans with PI football so let me say this -- we have so much good news right now and iraq is rushing to force the economic reform and that my friends is great news - for us and for them
[millionday] as we see -- the government is forcing them to move on the reform so we shall see -- very good news night - have a wonderful day tomorrow and we will see you tomorrow night and before if i get anything to bring you smile
[millionday] He asked "the Iraqi Central Bank to improve the Iraqi dinar against the dollar," noting that "the Commission will host proxy bank governor and officials to find out the reasons."
He said Khalil said "the central bank failed to invest historic achievement which Iraq would emerge from Chapter VII, which was supposed to lead to raise the value of the Iraqi dinar against other currencies," that "the Economic Commission calls for officials at the central bank put a new strategy and policy and plan effective through period of time to raise the value of the Iraqi dinar for the advancement of economic reality and to achieve the desired goal. "
[millionday] He said Khalil that "there must be a balance fixed to Iraq in line with its total sovereign," noting that "there will be a host of the Governor of the Central Bank of proxy and officials to the Commission to find out what planning has put correct policy to sell the dollar and raise the value of the dinar."
And refers deal with matters relating the economy, that the government has failed not only to take advantage of the withdrawal of Iraq from Chapter VII, to enhance the value of the dinar, but it also failed to reconstruction operations and areas to revive the economy and all the joints of the infrastructure and service, and return it to continue financial and administrative corruption without treatment
[millionday] International Monetary Fund Managing Director Christine Lagarde urged policy makers to work more closely together as they plan eventual exits from unconventional monetary policies, endorsing swap arrangements between central banks as an instrument to weather instability.
While there’s no agreement about the impact of measures taken by central banks such as the Federal Reserve or the Bank of Japan, officials need to better understand the potential spillovers,
Lagarde said in prepared remarks for an annual Fed conference in Jackson Hole, Wyoming. If the scaling back of stimulus creates renewed financial turmoil, some countries may not be able to withstand it on their own, she said.
[millionday] Recovery Path “We are all globally on a path to recovery, still fragile, not yet strong enough, and with this very strong support from the unconventional monetary policy,” Lagarde said in a Bloomberg Television interview with Sara Eisen. Lagarde said that “clarity of when things will happen, how things will happen” is needed as the Federal Reserve considers unwinding its bond buying program in order to minimize the impacts on financial markets and the effect on emerging markets