Millionday News 1/17/16 Part 1 of 2
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: SOMEONE SENT ME THIS
Millionday: FIRST LET ME SAY THAT TUESDAY SHOULD BE VOTE ON -- FEDERAL COURT ACT -- AMNESTY -- PARL REFORM ETC
Millionday: HUGE AGENDA AND THEY ARE MEETING ON THIS NOW TO GO SMOOTHLY
Millionday: SOMEONE SAID KURDISTAN DELEGATION IS HERE
Millionday: CBI - ANNOUNCEMENT >> · To / all licensed banks and licensed money transfer all companies and financial investment companies and broker the buying and selling of foreign currencies approved all companies(foreign exchange rate)
Millionday: NOTE -- THIS IS RETROACTIVE TO THE FIRST OF JANUARY -- FISCAL YEAR >>It says according to the decision dated that the central bank of Iraq grants the international price which is the real equivalent rate for the foreign currencies.
And in order to determine its value of trading of these currencies in the yearly report.
More over the yearly report should state clearly the above mentioned data that define the real value according to the international ratings.
Directed to the banks and financial institutes that deals with the money and foreign money moreover
And that is effective since the 1st of January 2016
Millionday: SO DUE TO THE ORDER OF INTERNATIONAL ACCOUNTING STANDARDS APPLICATION THIS WOULD BE FOR ALL DATA AND ALL BANKS AND MONEY EXCHANGE COMPANIES -- THIS IS A CBI ANNOUNCEMENT
jwjd: can you put that cbi announcement into simple terms?
Millionday: IT IS AN ORDER THAT ALL FIGURES BY THE BANKS ARE TO REFLECT THE ACTUAL REAL RATES FOR THE INTERNATIONAL CURRENCIES – ‘
WE DO NOT SEE THEM AT THIS TIME BUT OBVIOUSLY THIS WOULD ONLY BE ABLE TO HAVE COME FROM THE ORDERED INTERNATIONAL EQUATION –
UNDERSTAND THE INTERNAL AUDIT HAS BEEN ANNOUNCED BY CBI TO HAVE BEEN DONE ON THE ARABIC SIDE -- WHILE IT WAS NOT EASY TO TRANSLATE
,VIP.clay Millionday: does this have any effect on the dinar in your opinion confused
Millionday: THIS WOULD HAVE A HUGE IMPACT ON THE NATIONAL CURRENCY OF IRAQ IMO -- THIS IS A FORMAL ORDER BY CBI TO USE THE ACTUAL RATES –
EVEN THOUGH THEY HAVE NOT BEEN RELEASED -- IMO -- THE ANNOUNCEMENT WOULD NOT BE DONE UNLESS THE RATES ARE DIFFERENT THAN WE SEE NOW
.VIP.clay Millionday: thought so ty so much
Cricket22: What are the other laws are they looking to pass, and when? And do they need them passed before they can RV, in your opinion? TY
Millionday: IMO -- THIS IS A STEP THAT HAS COME UP AS A HURTLE THAT HAS TO BE DONE IN ORDER TO MOVE FORWARD IN THE REFORMS THEY HAVE LAUNCHED -- THE USE OF INTERNATIONAL RATES IN ALL DATA ENTRY IS HUGE IMO --
BookumDano: Everyone here will go into withdrawals post RV. Every morning we think did it happen? Can't wait to turn on the computer first thing to see if our lives have changed.
Dont get me wrong I wound miss this ride. I am ready to embrace my new reality. But will have one heck of a time around the campfire with my close friends talking about this ride and the ups and downs. It will make one heck of a story for generations.
Millionday: I AGREE BOOKUM -- THIS IS GOING TO BE A MEMORY THAT WILL BE TALKED ABOUT FOR YEARS -- IT FEELS AS THOUGH WE ARE RIDING ON THE SKIRT TAILS OF SOMETHING HUGE AND IMO IT WILL BE TALKED ABOUT BY MANY –
IN THE BIGGER PICTURE THIS SHOULD HAVE A HUGE IMPACT ON THE GLOBAL RECESSION WITH MASSIVE RESULTS -- I WANT TO SEE WHAT WHO WHEN WHERE AS SOON AS POSSIBLE --- SMILE
Millionday: AND JOIN ALL AROUND THAT CAMP FIRE MY FRIEND
jwjd: could this be in prep of a real new dinar rate or for the rate as it is now?
Millionday: IMO -- THIS IS FOR THE RELEASE OF THE CALCULATED INTERNATIONAL RATES FOR IRAQ TO MEET THE GOAL OF ENTERING THE GLOBAL MARKET --- THE OLD RATES WOULD NOT REQUIRE A NOTICE LIKE THIS IMO
misterq: This has to be the BIGGEST bit of INFO , that we ever had.... You R 1000,000% correct!!!!!!!!!
Millionday: I AGREE -- IF IT IS AS IT SOUNDS -- IMO IT IS THE LARGEST INFO WE HAVE EVER READ OR DREAMED --- IT IS VERY EXCITING AND I SURE HOPE IT IS EXACTLY AS IT SOUNDS
Millionday: WE HAVE MORE NEWS THAT GO ALONG WITH THIS IMO
Millionday: The economic globalization newly understood idiomatically but as old as the terms and Trov put up across eras and previous times.
If we assume that the most important globalization characteristics that take place between and on the lips of all the people today is the opening up of markets and liberalization generally foreign goods and the transfer of expertise from poor countries to rich and free movement of capital in terms of materials preliminary, and restrict the ability and portability governments are in control of their economies,
and the need for a genuine new markets in order to accommodate the resulting whatever its origin agricultural or industrial or other after taking large producing economies Mmaysmy suffer energy absorption maximum.
Millionday: NOTE -- THE CONDITION OF THE GLOBE REQUIRES NEW ECONOMIES IN THE GLOBAL MARKET TO REVIVE IT
Millionday: He d. Ammar at the same time there are partner countries in the system experiencing financial glut not find the capital where a path for investment, was the solution merger, which represents a manifestation of globalization, has capitalist world has seen since the eighties of the last century and so far mergers and wide not only in the field of industry alone, but also their services and even financial markets the world.
Millionday: NOTE -- THIS IS AN EXPERT OF ECONOMICS AND I AM TRYING TO SHOW YOU THE IMPORTANCE OF GROWTH EVEN IN THE GLOBE -- NEW MARKETS REVIVE
Millionday: NOTE -- REMEMBER TOO THAT IRAQ HAS PLANS WITH NEW REFINERIES THAT WILL IMPACT MANY COUNTRIES DUE TO OLD OLD REFINERIES AND ALSO NEW MINDS AND MARKETS
Millionday: He d. Ammar, with respect to the integration of the major international financial markets have this process launched after achieved significant gains at the level of the national economy, through the core function is to mobilize domestic savings and other financial surpluses and directed towards investors and borrowers local, ‘
and thus contributed significantly to the financing and supply of the power of the private sector Finance required to follow the fiscal policy flexibility and efficiency of the highest liquidity,
not to mention that the financial market is a major catalyst for monetary authority to achieve its monetary policy, and thus give economic growth a strong push towards the Imam.
Millionday: SO OBVIOUSLY THE GLOBAL NEED IS MADE CLEAR
Millionday: THIS IS MONDAY>> French Secretary of State for European Affairs Harlem D'ISERE next Monday in Brussels participated in the Foreign Affairs Council of the European Union meeting to discuss the latest developments in Syria, Iraq, Ukraine and the reform of Prime Minister Haider al-Abadi.
Millionday: THIS IS FEB 4TH >>He said French Foreign Ministry spokesman Romain Nadal said in a statement on Friday evening that the meeting will address the humanitarian situation in Syria and the political process under way under the auspices of Secretary General's Special United Nations envoy in Syria, Staffan de Mistura, as well as anti-organization "Daash" efforts and the problem of Syrian refugees in the light of the conference It will be hosted by London on 4 February.
Millionday: SO THE FIRST IS PREPARATION TO TAKE PART IN THE FEB MEETING IN LONDON
Millionday: OBVIOUSLY IRAQ WANTS TO TAKE PART IN THE REMOVAL OF THE TERRORISTIC THREAT THAT THAT GROUP THINKS THEY HAVE PLACED ON ALL OUR HEADS
Millionday: He added Nadal, the debate also will be on the efforts of the international coalition against Daash and the need to continue the reforms led by Prime Minister Haider al-Abadi, will also discuss the latest developments in Ukraine and evaluate the ongoing reforms, as well as the European Union's support for the implementation of the "Minsk" agreements
Millionday: THE "MINSK" AGREEMENTS ARE THOSE THAT WERE ABOUT UKRAINE AND THE OBVIOUS SITUATION THERE
Millionday: OBVIOUSLY THE EU SEES THE TIMING RIGHT TO MEET WITH ABADI AND DISCUSS THE ONGOING REFORMS
Millionday: KNOW HOW HUGE THIS SECTOR IS IN IRAQ
Millionday: Rashid ..........demanded economic and investment commission in Parliament to activate the laws that contribute to the advancement of the agricultural sector such as product protection law and the law of the tariff, and criticized the lack of promotion of the investment law, while alerted that corruption and political interference have caused the deterioration of this important sector.
Millionday: NOTE -- THE INVESTMENT LAW WAS PRINTED AND FINISHED AS LAW THIS WEEK
Millionday: Committee member Burhan Almamori blamed the deterioration of the agricultural sector on the intervention of political parties and the establishment of a subsidiary of parties companies was in their interest to keep Iraq weak in order to import from abroad to take advantage of personal benefit party, noting that the country is witnessing a big conspiracy aimed at weakening the economy.
Millionday: NOTE -- THEY ARE FURIOUS AND BLAME THE GOV FOR NOT MOVING FAST ENOUGH TO BRING IRAQ TO THE GLOBAL MARKET -- OBVIOUSLY DUE TO TARIFF LAW AND CONSUMER PROTECTION (ALL PART OF GLOBAL TRADE)
Millionday: READ EVERY WORD -- SOUNDS AS IF WE ARE HEARING THIS IS MOVING FORWARD IMO
Millionday: double the plans said Mamouri, in an interview for »Sabah », that« the financial and economic situation in Iraq is very difficult because of the low price of oil, which is the President supplier of the general budget and it must activate the other sectors which paralyzed due to negligence », ‘
indicating that« the weakness of the plans and the lack of strategy and clear lack of seriousness in the effective and correct management of the entire wealth factors led to the deterioration of the economic situation ».
Almamori He added that« advance planning for the management of these funds will enable us to diversify our resources to activate the productive sectors such as agriculture and industry »
Millionday: NOTE -- OBVIOUSLY THE MOVE FORWARD IN ALL SECTORS TO DIVERSIFY WILL RESULT IN ENABLE OF RESOURCES FOR GROWTH – WHOOPOW
Comments may be made at the end of Part 2 Thank You