Millionday News 4/12/14 Post By Rudie Part 1
Welcome To Saturday Night News Time With Millionday!
[millionday] note -- this is about the movement of money and how strict it has to be done
[millionday] Tgb represent the phenomenon of money laundering, one of the main risks experienced by global economies, and that requires addressing the adoption of financial systems Court for the movement of funds in and out of the country (according to economic affairs specialist).
said d. Saad al-Tai said the phenomenon of money laundering pose a growing threat to global economies, large and small.
[millionday] He pointed out that it requires international efforts by large institutions, international organizations, legal, economic and legislative action to reduce and prevent this dangerous phenomenon on global economies and try to eliminate them as much as possible.
said in his speech during an economic seminar attended by «morning« that arise in any financial transaction leads to the occurrence of stagger severe movement of the world economy,
noting that it had negative effects on human values and international law, as it makes the process of getting around the law semi-easy and thus be easy to access from the sanctions of economic crimes.
[millionday] note -- He is saying that the movement of money makes economies vulnerable to money crimes and the laws in place are reactive not proactive
[millionday] pointed out that «the phenomenon of money laundering is the process or trying to hide illicit sources that have been obtaining money through it, where the money is converted obtained by illegal means punishable by law and work to turn them into capital are running in non-suspicious acts or business ventures or economic legitimate «.
Indicating it's a wrap, or attempt to blur the illicit sources that have been obtaining the money from the path. attempt and giving their legitimate money and called it idiomatically ((laundered funds)).
[millionday] so this is talking about money laundering and that not being honest of where it came from is part of the crime list -- that we dont want to be a part of -- smile -- but
[millionday] this is referring to the movement of funds that is happening because this is Iraqi news -- i believe they had this statement so the citizens would understand the law only
[crank7] Would Maliki's crimes fall under this law?
[millionday] all government members that have anything to do with funds disappearing would be prosecuted under this law k brb with more - here we go
[millionday] despite the narrow period of time remaining for the lifetime of the parliament, but the lawmakers say in passing the budget imperative should be on the council members to contribute to the approval during the remaining period of the age of the Council,
particularly The delay in the ratification of the budget, something that would contribute to stop dozens of strategic projects important in the country.
[millionday] House of Representatives in order to read the budget bill for the second time so many times, which made a number of political blocs to withdraw from the meetings of the Board as a result of the non-inclusion of law on the agenda ,
although the collection of those blocks signatures of parliamentarians called for the inclusion of the budget law on the agenda of the Council.
[millionday] note -- as we see the committee is for the passing of the law of budget and they are working to get this done faster than the elections roll around -- we like this due to all the implications
[millionday] Khalidi pointed out that «some political blocs have used the budget draft electoral propaganda, whether through delayed or approval inside the parliament building».
In turn, see the National Alliance MP Ihsan al-Awadi, that «the failure to approve the budget, is able to reflect negatively on the spiritual citizen, as well as what constitutes a significant damage that could affect the performance of ministries in terms of investment mission to the country»
[millionday] note -- in other words -- not passing it through is not going to help their re-election -- it is going to hurt it
[millionday] And MP in a statement to « the morning «The conflict over the introduction of the budget in the electoral work is unlawful and intersects significantly with the spirit of democracy that Iraq seeks to consolidate, indicating that« the delay in approving the budget factor able to expose all who stood against the pass, and the busy interests election,
as well as those who are trying to transforming the budget to commodity pushing them on in order to gain voter may be partisan or sectarian or zonal »
[millionday] He called al-Awadi, «all the political blocs to seek to create an atmosphere of understanding shared between them for approving the budget, especially as the people still waiting to pass the law as soon as possible,
and in a form that leads to the continued provision of services that could provide funds for service projects, as well as people who are still waiting for the launch of residential loans or investment and economic.
[millionday] note -- this is the most important part -- so the passing of the budget will activate the loans--investment-- and economic -- along with projects -- wow
[millionday] so there is a lot that is expected to come at the same time as the budget -- as we see here -- all at the same time makes sense
[millionday] brb with more
[poppy3] only way the budget can help the loans and investment will be if the value of the dinar makes investing in iraq profitable. I LIKE THE SOUND OF THAT millionday
[ROBINREDHED] poppy3 me too
[poppy3] ROBINREDHED AS WE HAVE SAID FOR WEEKS NOW MOST ALL THESE LAWS WILL BE ALMOST SIMULTANEOUS WITH THE RV . POPPY3
[millionday] poppy3 i agree -- good to see ya hun -- welcome to newstime sweety
[millionday] here we go - The Minister of Transport Hadi al-Amiri, Saturday, to move toward open lines of Arab-European and Arab American to strengthen the capacity of the Arab Bridge Company for navigation and setting a foothold in the field of global transport,
stressing that the company has made large profits last year exceeded its profits over the past ten years.
Amery said for "tomorrow's Press," during his participation in the regular meeting of the Arab Bridge Maritime held in the Jordanian capital Amman,
said that "developments in the work of the company's common Arab, which represents the nucleus of Arab cooperation in other areas, spurred on Overture Spain and Morocco, in addition to open Lines freely extra between Baghdad and Dubai to promote traffic undertaken by the company.
[poppy3] millionday OH I AM HERE MOST EVERY DAY POSSIBLE . GREAT WORK RICH FRIEND YOU AND ROBIN ROCK . FURTHER REASON THIS IS THE MOST INFORMITIVE AND MOST ACCURATE SITE ON THE NET. ALWAYS POPPY3
[millionday] i agree my friend -- cant wait to see you again -- things sure are looking positive -- smile
[millionday] and added that "the meetings of the Arab Bridge held after achieving large profits last year exceeded the total profits over the past ten years,"
explaining that "today's meeting included representatives of Iraq, Jordan, Egypt, Syria, Lebanon and Saudi Arabia, members of the company. " stressed Ameri that "the most important items that
[millionday] were addressed in the meeting on Saturday is to move towards opening lines of the Arab European and Arab American to enhance the company's ability Arab and put a foothold in the field of global transport."
It is said that the Arab Bridge Company for Navigation established the idea of an Iraqi general in 1986, and all the arrangements to ensure Iraq was entering its establishment in member states, it in turn to be one of the largest carriers of joint Arab.
[millionday] so this is from transportation -- the open lines of trade are ready and products will be able to be moved now as this project has been going on for a long time -- huge accomplishment
they actually stated a timeline for approving the budget?
[millionday] yes they have given a timeline and it is this week for the budget -- they were to be back from washington and i have something in this pile that is about it so i will being it tonight the info i have
[awesomedtl] so that last article is saying they want the budget passed before elections and it looks like the rate may come out before the budget??
[millionday] they are to start activating the results of the washington meeting within two days after their return
[sczin11] i realize we like to see positive progress news, BUT, there have been numerous articles in last 48 hours stating clearly budget was being put off until after elections... how do u decide which news articles to believe?
[millionday] we dont know when the rate for the dinar will come out -- yes they want the budget passed before the elections and have that committee to get it done and seem to be moving fast with it –
it looks like all projects and loans and investment is to begin after the budget is passed or around the same time by what the reports read
[millionday] i have not seen any reports that have said the budget is put off until after the elections - brb with more i know the elections are the 30th of this month
[poppy3] millionday THERE WAS A COUPLE WILD POST FROM MEDIA REPORTING ON OLD ARTICLES THAT SAID AGAIN THEY WOULD PUT OFF TILL AFTER THE ELECTION BUT THEY WHERE QUOTING AN OPINION FROM A MEMBER AND NOT SOMETHING THAT HAS BEEN DECIDED. POPPY3
[wmawhite] Keep in mind that many parts of the budget is dependent upon an improved exchange rate of the IQD...........the IQD/nor an improved rate of the IQD is dependent upon the budget.
[poppy3] wmawhite AMEN ABSOLUTELY POPPY3
[Dianne777] wmawhite so the rv is dependent upon the budget being passed?
[wmawhite] Dianne777 .........no
[dovi] Dianne777 opposite read again
[BGG] Dianne777 - that's not what he said - just the opposite.
[Dianne777] BGG ok i stay so corn fused
[awesomedtl] wmawhite so your saying the exchange is dependant on budget>>>>> I can hande that
[BGG] "parts of" the budget are dependant on the rate not the other way around.
[wmawhite] Folks.....the CBI has the keys to the car..................the budget is the car.
millionday] hold on please -- i am trying to get past the state page -- brb
Comments may be made at the end of Part 2 Thank You