Millionday News 10/25/14 Part 2
Welcome to dinarupdates.com for news time with Millionday!
Millionday: SO AS WE CAN CLEARLY SEE -- THE ADVANCEMENTS OF IRAQ WERE RESPECTED
AND WILL BE UPHELD BY THE REGION AND OBVIOUSLY BY MOST OF THE GLOBE SO THE OLD STATEMENT "BIT OFF MORE THAN YOU CAN CHEW" COMES TO MIND FOR THE ISIS SMILE BRB
ddboys1626: Millionday do you think ISX will open on OCT 26????
Millionday: I HAVE SEEN NOT ONE THING TO TELL US OTHERWISE YET
Millionday: Iraq Organization bloc MP Ali al-Badri: The House of Representatives approves the budget contingency for the current year include only the arm and the displaced and salaries
Mozvin..ozkr Budeiri operating expenses: that Parliament is still waiting for the arrival of the budget bill of the Council of Ministers
and the House of Representatives would be endorsed by an emergency only considering that the country is in a state of war and therefore,
most of the money would go for military operations and salaries in the state departments expenses Chgalah..waodh: that there is a deficit in the public budget with the doors of many exchange,
Millionday: NOTE -- AN EMERGENCY BUDGET HAS MADE IT THROUGH FOR EXPENSES NEEDED
Millionday: but he said that the government is trying to address this deficit through a series of measures, transfers and Parliament will collaborate with them to resolve all dilemmas in this part
Con..mn parliamentary Finance Committee announced its intention to host the Finance Minister Hoshyar Zebari to discuss with him the most important financial issues, including increased Mozvin..oukal Committee member Masood Haider salaries:
Millionday: NOTE -- TWO POINTS -- THE IMPORTANCE THAT WAS STATED ABOUT 2015 BUDGET OF COURSE AND ALSO THE NEED BEING MET TO MOVE THE MONEY NEEDED TO DEFEND ---
- ALSO THEY HAVE A DEFICIT -- THIS WILL MINIMIZE WITH THE MARKET GROWTH AS IT HAS BEEN STAGNET
Millionday: that the Minister of Finance and agency in the previous government confirmed purity of net debt Finance Committee in Parliament that there is an increase in the salaries of staff and will be launched early next year and retroactively,
but after these statements got there are many variables, including the delay in approving the budget and lower oil prices Alaalmih..oadav: that his committee plans to host the Minister of Finance in the new government
Millionday: NOTE -- THE CHANGE IN THE PRICE OF CRUDE OIL IS HUGE OBVIOUSLY -- AND ALSO THE RAISE OF STAFF WILL BE APPLIED AS BACK PAY WHEN THEY ARE AT A "POINT" THAT IT IS AN INTELLIGENT MOVE OBVIOUSLY
Millionday: Hoshyar Zebari to discuss with the most important financial issues, including increasing the salaries of staff and the mechanism to be followed in the light of developments variables,
this increase is to be built on good foundations so as not to affect the country's economy.
Millionday: SO UNDERSTAND WE ARE LOOKING AT THEIR NEWS –
WHEN THE CITIZENS DONT HAVE JOBS AND ARE BROKE IT IS NOT A GOOD MOVE IN ANY COUNTRY TO SAY THAT THE GOV IS GETTING A RAISE SO OBVIOUSLY THEY ARE STATING WHEN THE TIMING IS RIGHT -- SMILE
MArco: did you see the article on updates where Abadi agreed ro pay the wages of the popular elements of the crowd for the last four months and will be disbursed in the next few days.
Babylon Can they make that payment without an RV from reserves and would they in your opinion.
Millionday: THEY ARE PLANNING ON MAKING STAFF PAYMENTS WITH THIS EMERGENCY BUDGET REQUIRED BY CBI FOR ANY MONEY TO MOVE –
CBI HAS MADE IT CLEAR THEY MUST HAVE SOME REASONING IN RELEASING ANY FUNDS SO IT IS NOT A SHOCK TO SEE AN EMERENCY BUDGET BECAUSE THEY WILL NOT RELEASE ANY FUNDS WITHOUT SOME TYPE OF BUDGET
awesomedtl: but this report said that parliament is still waiting on the budget?? its not decided yet is it? and with isx morrow the question isnt whether or not they open,,,, its whether or not they will be global correct????? also with the budget did they say " in the coming days again'??
Millionday: THAT IS CORRECT -- THE COUNTRY`S BUDGET OF OPERATION TO TELL YOU THE TRUTH –
DOES NOT CONCERN US -- BUT SHOWS THEY ARE WORKING WITHIN THEIR ECONOMIC REFORMS AND SHOWS US THEY ARE ADVANCING WITH WHAT THEY SHOULD BE –
HOWEVER IT DOES NOT SHOW US WHEN CBI (INDEPENDENT) WILL SET THE TRADE RATES FOR THE GLOBAL CALCULATION AS THEY HAVE STATED THEY ARE READY TO DO WHEN THEY FEEL IT IS TIME -- SMILE
amose02: i'm not sure if it was in the same article but I think it was talking about the delaying projects until the 2015 budget
amose02: did you see that article or do you think that gives us any indication of when they're going to release the reality rate
Millionday: THE PROJECTS ARE FOR THE PROVINCES –
AND WITH THE WAR ON TERRORISM I WOULD NOT BE SUPRISED IF THEY WAITED TO REBUILD THEIR ROADS ETC UNTIL THEY GET A BETTER HANDLE ON IT –
IT WOULD BE AS IF YOU KEPT HAVING EARTH QUAKES AND YOU JUST STARTED NEW CONSTRUCTION -- UNTIL IT IS ALL OVER AND DONE -- IT WOULD BE SILLY TO SPEND MONEY ETC -- SMILE
Millionday: SEE THIS IS THE THING
Millionday: WE IN THE US HAVE NOT HAD A BUDGET -- IT EFFECTS OUR COUNTRY BUT NO ONE ELSE CARES -- WE DO GLOBAL BUSINESS THROUGHOUT THE GLOBE AND NO ONE STOPS US AT THE DOOR AND SAYS -- SORRY YOU DONT HAVE A BUDGET SO WE CANT DO TRADE WITH YOU –
IT IS OUR PROBLEM INTERNALLY -- THIS IS THE WAY ECONOMICS WORKS AND INTERNATIONAL MARKETING AND TRADE WORKS THAT WAY –
NO ONE CARES IF YOU HAVE A BUDGET FOR YOUR COUNTRY -- THEY JUST WANT A PIECE OF THE PIE IN INTERNATIONAL OR GLOBAL TRADE AS CAN BE DONE WITHOUT A DOMESTIC BUDGET IN PLACE
Millionday: MAKE SENSE ?
Millionday: WE FOLLOW THE BUDGET AT NEWS BECAUSE MANY ARE WORRIED ABOUT IT AND I WANT TO COVER ALL YOU WANT TO KNOW ABOUT –
AS FOR ME -- I FIND NO IMPORTANCE IN IT REALLY -- EXCEPT WHEN THEY SAY EMERGENCY BUDGET -- THAT HAS MY EARS PERKED UP DUE TO THE MEANING BEHIND IT
Foxmulder: so then , what IYO would be the catalyst to progress further
foxmulder: THAT SEEMS TO BE THE KEY AFTER 7 YRS
foxmulder: of negotiations !
Millionday: THEY ARE WORKING ON THE AMENDMENTS AND IF I HAD TO GUESS –
WITH MOST COMING FROM OIL -- THEY MAY BE WAITING ON IT FOR THE MARKET -- TRUE –
IT CERTAINLY NEEDS TO BE CLEAR FOR ALL WITH ALL THE STEPS THEY HAVE MADE IN REPAIRING THE RELATIONS WITH KURDS AND FED IRAQ –
THIS IS A RELATION THAT HAS HISTORICALLY BEEN SEVERED –
SO I WOULD SAY TO KEEP THE GOV WORKING IN THE HURRY THEY ARE IN AND ALSO THE UNITY THEY HAVE SHOWN –
THIS IS SOMETHING TO PROTECT AND I AM SURE THEY FIND IMPORTANCE IN IT OUT OF RESPECT AND HOPE TO REMAIN IN THIS POSITION
Millionday: MAKE SENSE ?
Millionday: AND ALSO THEY SEEM TO BE IN A HURRY FOR THAT AS WELL
Millionday: WORKING ON IT NOW AND HAVE BEEN IN THE LAST FEW DAYS
Millionday: THIS HAS NOT SEEMED MUCH LIKE HURRY BUT WE ARE INVEESTED IN A NATION NOT A LITTLE HARDWARE STORE
Millionday: BRB WITH MORE
Millionday: According to the current Iraqi prime minister, Haydar al-Abadi, Iraq witnessed the corruption cases by about 100 billion dollars, during the reign of the former prime minister, Nuri al-Maliki, who handed his duties mid-August / August.
The pressure of the rapid decline in oil prices over the last three months, largely on the budget for Iraq, what has heightened fears of damage to its economy dramatically,
especially in light of the crises taking place at the level of the cost of the war against the organization of the Islamic State 'Daash', which increase days after another of the cost of spending.
Millionday: NOTE -- HUGE EXPLANATION OF THE MARKETING OF THE NEW IRAQ IN ALL OTHER SECTORS
Millionday: The economist said, on behalf of Jamil Antoine, said that oil revenues make up 75% of Iraq's resources, and lower prices, which may continue to drop towards $ 75 a barrel,
as well as higher spending, to support the war effort, salaries and other aspects of basic expenses' will of the Iraqi economy to shocks serious '.
He added that Antoine 'current command paid to the need to rethink the formulation of budget austerity professional minutes', pointing out that Iraq through 10 years ago,
successive governments have not been able to find the resources other than oil, it has neglected the agricultural and industrial sectors and businesses.
Millionday: NOTE -- THE INDISTRY AND AGRICULTURAL SECTORS ARE ACTIVATED
Millionday: He added that 'the operating budget has risen gradually over the past five years, and this means that the state investment budget will be exposed to a policy of austerity',
explaining that 'the cost of the face Daash and the preparation of the National Guard and trained and equipped and compensation heavy weapons and equipment,
which defeat the Iraqi army in confrontations Daash will generate pressure has no parallel on the budget.
Millionday: SO UNDERSTAND -- TO DEFEND ANYTHING -- IT IS NOT FREE -- IT IS AN EXPRESSION OF FREEDOM
Millionday: WE HAVE IN PARLIAMENT A HUGE REPORT OF ALL THE NAMES THAT DID NOT SHOW UP FOR WORK
caravaggio: “THE INDUSTRY AND AGRICULTURAL SECTORS ARE ACTIVATED” What does this actually mean? We’ve heard this phrase almost ad nauseum.
Millionday: THAT MEANS THEY HAVE BEEN ABLE TO MAKE CONTRACTS AND THEY HAVE ALSO BEEN ABLE TO MOVE FORWARD WITH ADVANCEMENTS BUT IRAQ HAS NOT BEEN FORMALLY PLACED AS INTERNATIONALLY RECOGNIZED –
DO YOU KNOW WHY ? -- BECAUSE THEY DO NOT HAVE A REALITY RATE –
THAT IS THE ONLY WAY OUT FOR SANCTIONS -- THEY HAVE TO HAVE A REALITY RATE FOR FAIR TRADE
MArco: Are these names Ministers or parliament members?? Ones that did not show up. I wonder if most were ex maliki chronies
Millionday: THEY ARE PARLIAMENT
Millionday: HERE WE GO
Millionday: THANK YOU FOR SENDING ME THIS BECAUSE IT IS VERY INTERESTING WITH WHAT WE ARE SEEING WITH IRAQ AND KUWAIT
Millionday: Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of a meeting in Kuwait with the finance ministers and central bank governors of the Gulf Cooperation Council (GCC)1 and the inauguration of the IMF-Middle East Center for Economics and Finance.
Millionday: revealed the parliamentary Commission on oil and energy, on Saturday, for the negotiations conducted by the leaders represented in the House of Representatives of political blocs to end the controversy over oil and gas law and approval.
A member of the Committee MP Hussein by L / Iraq Press / that "negotiations were under way, these days, between the heads of the blocks to get to the final version of the draft oil and gas
and an end to the dispute of oil that exists between the federal government and the Kurdistan Regional Government constant since the year two thousand and seven law.
Millionday: Added by, that "the Commission on oil and energy in addition to the political parties concerned as well as the joint committees between Baghdad and Erbil are trying at the earliest possible completion of the unification of the three drafts of the existing agreement with the Commission to pass the pending since the year two thousand and seven law."
Millionday: NOTE -- THEY ARE WORKING AS A UNIFIED GOV TO COMPLETE THE AMM\ENDMENTS CONSTITUTIONALLY
Millionday: NOTE -- HERE IS A CLUE TO ALL OF US THAT THIS IS VERY IMPORTANT RIGHT NOW OR WHY WOULD THEY DO THIS
Millionday: But he also said that "in the event of failure to reach a joint draft of the drafts that have been formulated in two thousand and seven draft developed by the previous government
or the previous draft of the Commission for the oil and energy will be discussed the possibility of drafting a new draft law of oil and gas satisfies all parties."
Promised by the oil and gas law, "the main gate to resolve the dispute between the federal government and the provincial government and the establishment of the Council of federal oil would end the disputes between the parties".
amose02: from a government standpoint not the CBI but just the government what do you feel like has to be done in order for them to state reality rate
Millionday: THEY WONT BE STATING THE REALITY RATE BUT FOR THEM TO SAY THAT THEY ARE HAPPY WITH THE TIME I WOULD SAY THE AMENDMENTS ON THE HCL –
BUT IT HAS TO FUNDED TOO AS THE CHICKEN AND THE EGG HAS CONFUSED US ALL SINCE THE BEGINNING OF TIME THEY NEED THE RATE THEY NEED THE HCL
quicktolegit96 what did cl say?
Millionday WHO ?
Millionday QUICK >>>Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of a meeting in Kuwait with the finance ministers and central bank governors of the Gulf Cooperation Council (GCC)1 and the inauguration of the IMF-Middle East Center for Economics and Finance.
hstrymknwmn it doesnt have the statement
quicktolegit96 Yeah which statement
hstrymknwmn am i not reading it correctly
Millionday NO HUN SORRY IT DOESNT SAY MUCH DOES IT
quicktolegit96 no lol
Millionday WOW THAT MUST BE LOOKING FUNNY
rudie Just the fact that she was there and why is significant don't you think?hstrymknwmn oh yes thanks
Imperator YES VERY SIGNIFICANT!
Millionday HERE WE GO
Millionday: “I am grateful for the opportunity to meet with the finance ministers and central bank governors of the GCC. At a time of continuing challenges in the global economy,
forums such as this are important to provide a platform for policymakers to share views and come together to solve problems in a cooperative way.
Millionday: “I value our cooperation with the GCC. The IMF-Middle East Center for Economics and Finance, which I inaugurated today with H.E. Minister Al-Saleh, is an outstanding example of how the IMF and the GCC countries can work together to achieve their mutual goals.
With the support of the Kuwaiti government, this Center is well-established as a premier location for economics training for government officials and it has now provided training to more than 3,600 officials from the 22 countries of the Arab League The training being provided through this center will help us build a brighter future together.
Millionday: “The GCC economies have been amongst the best performing in the world in recent years. The near-term outlook is positive, with growth of about 4½ percent projected in 2014–15.
Particularly, growth in the non-oil sector is expected to remain strong at about 6 percent, driven by large investments in infrastructure and private sector confidence.
Millionday: NOTE -- UNDERSTAND HUGE CHANGES IN GROWTH IS EXPECTED IN ALL OF THESE SECTORS FOR IRAQ AND THE REGION DUE TO IRAQ AND THEIR MARKET AGREEMENTS AND CONTRACTS
Millionday: “Oil prices have fallen by about 25 percent since the summer, and this will affect fiscal and external balances in the region.
While the substantial fiscal buffers that have been built-up in most countries over the past decade will allow governments to maintain spending plans in the near-term, in almost all GCC countries it increases the urgency for fiscal consolidation in the medium-term.
Dances: What does GCC mean?
Millionday: GULF COOPERATION COUNCIL
Millionday: “There is scope to strengthen policy frameworks in the GCC to support economic management. On the fiscal side, this could involve reforms to the annual budget process and the introduction of a medium-term budget framework.
Regarding macroprudential policies, the introduction of a formal macroprudential policy framework would clarify responsibilities and coordination among regulators.
Millionday: “The future success of the GCC economies will be closely tied to ongoing efforts to boost the employment of nationals in the private sector and to increase economic diversification.
Many policies are being implemented to achieve these objectives, and important progress is being made.
Nevertheless, getting the economic incentives right so as to encourage workers to seek employment in the private sector and firms to produce in exported-oriented sectors is a key missing element of policies to date.
Millionday: “I thank H.E. Anas Khalid Al-Saleh, Minister of Finance for Kuwait, for chairing the GCC meeting and for his generous hospitality. I also thank Dr. Abdul Latif bin Rashid Al-Zayani, the GCC Secretary General.”
1 The GCC is comprised of Bahrain, Kuwait, Oman, Saudi Arabia, Qatar, and the United Arab Emirates.
Millionday: SO THAT IS ALL WE HAVE
Millionday: WE ARE IN A GREAT SPOT -- SO JUST REST AND HOLD THOUGHTS
Millionday: WE WILL SEE YOU AT 730 EST TOMORROW
Millionday: NOTHING LIKE MOVING FORWARD WITH GREAT SPEED
quicktolegit96: MD DO U BELIEVE THE UN WILL BE THE ONE WHO LAUNCHES IRAQ MARKET ECONOMY
Millionday NO -- IRAQ WILL
quicktolegit96: Article: "Mobilize international support Iraq's economy" Quote: "...UNDP UN asked several days ago, the idea of launching a conference to gather international crowd along the lines of the Madrid Conference in 2004 for the purpose of supporting Iraq in the economic side..."
This is a great article...the UN appears to be the one who will launch the market economy in Iraq.
Read more: http://www.dinarguru.com/#ixzz3HDEiwdMl
Millionday quicktolegit96: THAT IS FROM WHEN THE IMPOSED RATE CAME AND HOW TO DO IT -- ABADI IS ASKING FOR THE MOVE TO BE AS SMOOTH THESE MANY YEARS LATER
Millionday quicktolegit96: THIS HAPPENED MEANING THE CONFERENCE IN MADRID -- 11 YEARS AGO