Millionday News 5/16/15 Part 2
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: THE FUNDS WILL BE LOADED ONTO THE CARDS AS WELL -- THIS IS WITH HELP FROM THE UN AND SO MANY OTHER ENTITIES THAT WE HAVE SEEN THE LIST IS LONG
Millionday: Smart card version for displaced families
Rafidain Bank announced the issuance of a smart card for displaced families in all provinces of the country and covered by subsidies from the Ministry of Displacement and Migration.
The media office of the bank said in a statement that the bank issued a smart card for displaced people and based on the information and database for displaced families and received from the ministry,
stressing that the use of the card facilitates the distribution of grants allocated for the displaced through the Rafidain Bank.
Millionday: SO UNDERSTAND THAT THE CARD IS A MASTER CARD WITH ALL OF THE BENEFITS THAT ARE GIVEN GLOBALLY -- IT IS MASTERCARD -- IF YOU LOSE YOUR CARD IN SOME OTHER COUNTRY -- THEY HELP
IF YOU GET PAID WHILE OUT OF COUNTRY -- IT IS THERE -- THIS IS MASTERCARD --- AND BACKED BY MASTERCARD -- GREAT GREAT NEWS
foxmulder: at a rate of 1166 ??
Millionday: WE DONT HAVE A DIFFERENT RATE THAT HAS BEEN TOLD TO US -- SO WHATEVER THE RATE IS NOW IS WHAT IT IS UNTIL IT CHANGES --
Millionday: I WISH I HAD SOMETHING MORE TO SAY THOUGH FOX -- SMILE
billionaire: So does this mean that the currency of Iraq is going to be internationally recognized? And what about the program rate. What is going to move/lift the program rate?
Millionday: THE USE OF THE MASTERCARD OUTSIDE OF IRAQ WILL HAVE TO MEAN THAT THEY ARE INTERNATIONALLY RECOGNIZED LOGICALLY –
BUT WE ALSO HAVE AN INTERNATIONAL COMPLIANCE ORDER BY CBI -- SO THIS MAY BE COMING AND NOT HERE YET -- WE WILL WAIT FOR INK AND MAKE NO GUESSES
Amped: do we know when the workshop was held?
Millionday: I WOULD SAY TODAY BY THE DATE
Papatom: I know you don't have ink to say what is going to happen, so let me carefully ask youu something you CAN answer.....(smile) does it make sense to you, that a card like this would be issued if it was going to be useless to the retires out of country?
and....do you think Rafidian bank would be advertising this service if it was going to be useless???
Millionday: PAPA >>>The governor of the Central Bank on the Keywords, in a word, Cast during the seminar the application of international accounting standards, which was attended by a reporter "Qurtas News", "The opening up of Iraq on the global market and the evolution of his banking,
Millionday: THE MASTERCARD IS ABLE TO BE USED WITHIN IRAQ AND OUT OF IRAQ -- IT IS GLOBALLY ACCEPTED
CantWait2RV: one thing is for sure...the shareholders and the rest of the big boyz gonna find out the "true value" of the dinar due to the full transparency of this demand for international accounting compliance I'm thinkin?
CantWait2RV: no more hiding using 2 books..1 cooked
Millionday: I WOULD THINK THAT IT WILL BE KNOWN PRETTY QUICK WITH THIS CARD BEING ABLE TO BE USED OUTSIDE OF IRAQ AND WITH BACKING OF MASTERCARD AND ALSO INTERNATIONAL COMPLIANCE AS WELL --- I WOULD THINK -- SMILE
mercergirl: Are the people now using the master cards?
Millionday: THEY ARE LAUNCHED BUT IT CAREFULLY DOES NOT SAY ACTIVATED BUT THE BANK SAYS THIS MONTH
Millionday: >>> Launch smart card
Will be launched a smart card in the branches of the Rafidain Bank in the Arab countries and the first batch will be spent during the current month for them ...
Millionday: HERE WE GO
Millionday: LET ME TELL YOU FIRST
Millionday: THIS IS THE REQUEST TO NOT PUT A BIG SPREAD ON THE CUSTOMERS AND NOT TO TAKE ADVANTAGE -- THIS SHOULD HELP WITH UNDERSTANDING
Millionday: al-Hashimi called for economic researcher Maha Ihsan thanked banking companies and financial conversion to show more humanity towards the public and not to exploit the situation which is going through the country and profit from the crisis when the sale of hard currency.
Millionday: She thanked in a statement the "morning" that a number of owners of banking companies Financial and conversion were exploiting the situation and seize the opportunities to make gains on the citizen in need account to buy dollars to stroll things Awaldrash treatment abroad.
and saw the need for the central bank to tighten the noose on the monopolists of those companies measures supervisory strict which would relieve the burden on the citizen economic conditions
because the central sales Cash dollar customized for the purposes specified in his instructions that do not, including sales for trade and import and covering remittances and credits.
Millionday: NOTE -- ASKING NOT TO TAKE ADVANTAGE OF PEOPLE EXCHANGING
Millionday: She said that some companies and banks include the equivalent of customs duties and income tax in their sales of dollars in non-import transactions caused the revaluation of the exchange rate to buy dollars for travel or the study treatment.
She explained that this process led to the rise at the exchange rate note that the central bank sells the official rate reason to take tough measures to limit the benefit crises traders at the expense of the citizen and the circumstances of the country alike.
Millionday: NOTE -- OBVIOUSLY SOME CHANGES ARE HAVING TO TAKE PLACE FOR THE NEW SYSTEM -- HMM
Millionday: It noted that the central bank is responsible for maintaining stability in the price exchange and all banking companies and financial transfer and banks should abide by Dwabth
and instructions to ensure that the withdrawal of the vacation dollar selling license to the public and take care not to expose accounting or sanctions in case of any violation of the Central instructions.
Millionday: NOTE -- CBI WILL BE INSTRUCTING WHAT TO DO AND THEY ARE THE ONES THAT HAVE THE RIGHT TO ORDER AND ALSO MUST BE FOLLOWED WITH ANY CHANGE OF POLICY OR RATE
Millionday: The statement of the bank for central said earlier: that the sale of the dollar cash plus him the proportion of 8 percent, which included the sale of banking companies and the conversion of current
nd banks price is a clear violation of the instructions in the nature of the sales price and download the needy citizens of the dollar an additional burden is not justified.
Millionday: NOTE -- THE BANKS MUST GO BY THE AMOUNT SET THEY HAVE BEEN GIVEN OF 8% SPREAD AND WILL NOT BE ALLOWED TO MAKE MONEY OFF OF THE CITIZEN FOR ANY REASON
Millionday: He hinted the bank in his statement that he will be forced to stop selling the currency to banks and companies offense may also be forced to open selling directly to the public in order to prevent the exploitation of outlets.
The dollar exchange rate has risen, after the adoption of the current year budget last January, to 1130 dinars to the dollar after the settled selling price for two years between 1120 and 1122 dinars to the dollar because of Article 50 of the budget which committed Law The central bank sold $ 75 million a day at a time when the market absorbed about twice the amount of what led to this rise in the exchange rate.
Millionday: AS WE KNOW THE RATES THAT HAVE CHANGED HAVE CHANGED AS LISTED HERE –
AND SOME CHANGES HAVE OCCURRED AS WE SEE HERE –
HOWEVER --- THE ORDERS GIVEN BY CBI ARE TO BE FOLLOWED AND NO CITIZENS OR BUSINESSMEN ETC ARE TO BE TAKEN ADVANTAGE OF
puffdragon: Does that include outside exchanges or just in country (Iraq)
Millionday: THEY ARE TALKING TO THE BANKS IN IRAQ
graylnjo: It won't be over till the CBI fat lady sings..............a new much higher rate!!! ............ so I've been told. Correct.. MD??
Millionday: WE WILL BE HERE UNTIL THE PLUS SIZED LADY SINGS
billionaire: What indicator removes the rate that was thrust upon IRAQ. They are currently sanction free.
Millionday: CBI IS INDEPENDENT AND HAS THE JOB OF RELEASING THE EXCHANGE RATES AT THE RIGHT TIME AS THEY SAID
Millionday: THEY SAID THEY WERE READY IN ONE REPORT AND WOULD RELEASE THEM WHEN THE TIME WAS RIGHT
Millionday: Iraqi Central Bank revealed on Saturday, for the high volume of cash reserves during the month of May, from what it was during the month of April,
and as pointed out that it regards oil sales volume for the current month, continues to increase expected over the coming months.
Millionday: NOTE -- CBI HAS STATED THAT THE RESERVES HAVE INCREASED AND THEY EXPECT THEM TO CONTINUE
Millionday: The governor of the Iraqi Central Bank on the Keywords in an interview seen by the newspaper (E integrity) on Saturday on the sidelines of the conference (the adoption of international accounting standards for the Iraqi banks),
"The nature of the measure Iraqi reserves the size of cash based on the daily dealings of oil revenues that are sold in world markets , as well as the volume of cash transactions at home. "
Millionday: NOTE -- OIL HAS INCREASED AND SO HAS BANK RESERVES -- SO FUNDING ACCOUNTS AS WELL
Millionday: Keywords emphasized, that "the size of the cash reserve for the month of May, recorded an increase from what it was during the month of April," noting that "this relates to oil sales volume for the current month."
Millionday: SMILE >>>Keywords predicted, "persistently high level of cash reserves in the coming months.
militia man: When the time is right? They will release.. CAn you go on that line for me a bit?
Millionday: CBI SAID WHEN THE TIME IS RIGHT THEY WILL RAISE THE VALUE OF THE DINAR AND RELEASE THE INTERNATIONAL RATES -- OBVIOUSLY THE TIME IS NOT RIGHT TODAY
Millionday: OR YESTERDAY IS GUESS
Millionday: IT WAS IN A REPORT WHEN THEY STATED WITH THE BANKS THAT THEY WERE READY TO MOVE FORWARD WITH THE MONETARY POLICY AND ECONOMIC REFORM/BANKING REFORM --- IT WAS MONTHS AGO
graylnjo: Seems like this should have gone by now . Any thoughts that maliki still has influence over the gov of the CBI??
Millionday: I DONT THINK ANY ONE MAN HAS POWER OVER ANY COUNTRY IN A DEMOCRATIC SYSTEM
Millionday: Parliament rapporteur student Imad John on Saturday, the federal government and in conjunction with dialogues taking place with the provinces and the Kurdistan region to complete the project of oil and territory law in order to send it to parliament for legislation and to get rid of the problems occurring.
Millionday: NOTE -- THEY ARE SENDING THE HCL TO PARLIAMENT IN A HURRY
Millionday: Said John in a statement to (the newspaper of integrity) that "there is a real financial crisis in the country as well as the existence of fundamental differences in the oil and gas file,
urged" all political parties to take advantage of developments errors for the purpose of accelerating the enactment of the oil and gas law and put an end to these differences that appear Every now and then.
Millionday: NOTE -- OBVIOUSLY THERE ARE HUGE PROBLEMS IN A COUNTRY THAT HAS SUCH A HIGH GDP OF OIL AND NO LAW ON THE BOOKS OR AT LEAST AN AMENDED LAW THAT MATCHES WHAT IS GOING ON IN THE REGION ETC
Millionday: He noted that "Parliament has three copies of the draft oil and gas law, each version reflects the vision of a particular component, and therefore did not reconcile to display in front of the House of Representatives in order to be a national version of the enactment of this Act.
Millionday: WELL THAT WOULD BE AN ISSUE
Millionday: Baghdad called on House Speaker Dr. Salim al-Jubouri on Saturday, the committees of security and defense, human rights and immigration parliamentary and displaced persons to hold a special session to discuss and debate the latest developments in Anbar and provide adequate support, especially the support and relief to the displaced level of security.
Millionday: He said al-Jubouri in a statement that " Events in the Anbar require speedy action to support the army and police forces and the sons of the tribes in repelling the attacks on Ramadi and other cities by organizing Daash city,
as well as providing the necessary support for the displaced through coordination with the relevant ministries. "
As the international community called for speeding in "increased military support and humanitarian relief and the province of Anbar. "
Millionday: SO THIS IS ABOUT ANBAR -- AND THE ISSUES BUT LETS LOOK AT WHAT ELSE HE HAS PLANNED
Millionday: announced Iraqi forces Union, on Saturday, on a visit to Parliament Speaker Salim al-Jubouri, with an official delegation representing the Sunni component to the United States early next month,
stressing that he will discuss with officials at the White House In five files, the most important support for the Government of Haider al-Abadi,
yc in addition to the completion of Baghdad claims of arming the security forces through the Ministry of Defense, and expected that these talks go out with positive results serve to fight organizing what is known as the efforts (Daash).
Millionday: Says MP from the Union of Iraqi strongman Mohamed Karbouli in an interview with "the morning of the new" The "House Speaker Salim al-Jubouri will head the delegation, a Sunni from the hot provinces (House of Representatives and members of local governments) to the United States.
He added Karbouli, a member of the delegation that "this visit will take place during the first week of next month and allocated to discuss a number of important issues ". It was to be "5 files configured to be presented to White House officials, led by US President Barack Obama.
Millionday: NOTE -- IRAQ BACK TO THE US
Millionday: SMILE >>He said MP from the Union of Forces that "the files are: support for the success of the Government of Haider al-Abadi efforts, and application and document the political agreement and in particular item of national reconciliation.
Millionday: The fight al ( Daash), and limiting arms possession State, and secure the return of displaced persons to their homes.
The Karbouli confirmed that the visit of the Sunni delegation is "a complement to a series of meetings of Iraqi leaders, including Prime Minister Haider al-Abadi with officials of the US administration," he pointed out "it is with the knowledge and Ttenseeq with the federal government.
Millionday: SO THE REPORT GOES ON AND ON ABOUT THE TALK AND HELP WITH DAASH AND OF COURSE THE AGREEMENTS --
Millionday: GREAT NEWS NIGHT HAVE A GREAT NIGHT AND KNOW THAT THIS IS A GREAT NEWS NIGHT