Millionday Sunday Night News 10/18/15 Part 1 of 2
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Millionday: WELCOME EVERYONE TO NEWSTIME
Millionday: Chairman of the Committee of Economy and Investment parliamentary Jawad al-Bolani confirmed that a large privileges will be granted to investors.
He said al-Bolani's (IMN) "The investment law is the beginning of the stage is handled many obstacles they encounter generally Marqlat investment," noting that "the public sector's participation in the implementation phase of the projects and their participation is a key supporter in the investment process.
Millionday: NOTE -- THE INVESTMENT LAW --- WHOOOPOW
Millionday: "There will be given loans at rates of achievement in the project," stressing "the focus on the issue of international arbitration and its importance to bring capital to Iraq from abroad and to reassure foreign investors to invest in Iraq."
Millionday: Bolani stressed the "focus on all aspects of investment such as agricultural, industrial, residential and service," referring to the "big privileges will be granted to investors, including exemption from taxes."
The Commission on Economy and Investment in the House of Representatives, keen to offer amendments that accomplished in investment to the presidency of the Council Act.
Millionday: OBVIOUSLY A HUGE HUGE GAIN FOR IRAQ AND ALL THE INVESTORS AS WELL --- WHOOOPOW
Millionday: >>>>>>>>>>>>>International arbitration is a leading method for resolving disputes arising from international commercial agreements and other international relationships.
Millionday: OBVIOUSLY MANY REPORTS TONIGHT WILL FILL IN ALL THE BLANKS
Millionday: House of Representatives in its regular session, which was chaired by Dr. Salim al-Jubouri, President of the Council and in the presence of 234 deputies on Sunday, the two laws and finished reading three bills.
At the outset of the session following the Committee of Religious Endowments and Religious Affairs issued a statement to mark the anniversary of the Prophet and the revolution of Imam Hussein bin Ali ( p), ‘’
noting that the Prophet's migration painted on the principle of true fraternity among the members of society while the Imam Hussein, a revolt against injustice and tyranny and dedicated to the principles of sacrifice and redemption in order to redress the right state landmarks.
Millionday: NOTE -- PARLIAMENT COMPLETED SOME OTHER THINGS TODAY ----ALSO ADDRESSED THE REVOLT AND ASKED TO PROTECT STATE LANDMARKS ETC
Millionday: According to a statement of the Council, the Human Rights Commission followed a statement praised the benefits of Martyr MP Ahmed al-Khafaji, on the occasion of the first of his martyrdom anniversary at the hands of Alarhabiyan.ovi another matter, the Council voted to accept the resignation of an MP Huda Mohammad Mehdi upon request, believing them to justice, while the Valley MP Alternative Jarallah was sworn in.
The Council also voted 144 deputies to reject the resignation of Attorney Hassan Sinead, at a time in which the face of al-Jubouri refer the resignation of Attorney Sinead to legal counsel to consider the measures Alastqalh.ofatt statemen
Millionday: that the Council voted on a resolution for not emptying the country of the competencies and capabilities of young and submitted by the Legal Committee to ensure reaffirm the commitment of all state departments to apply Article (13 / III) from the federal budget for 2015 ‘
which provided for the appointment of five percent minimum of university graduates .ousot Council also, on the draft accession of the Republic of Iraq to the Rotterdam Convention on the Law on Prior Informed Consent flag for some chemicals and hazardous pesticides law .
Millionday: NOTE -- THE OPENING OF THE BUDGET >>>ensure reaffirm the commitment of all state departments to apply Article (13 / III) from the federal budget for 2015 which provided for the appointment of five percent minimum of university graduates .
Millionday: WHOOPOW ---
Millionday: that the Parliament, has completed the process of voting on the draft accession of the Republic of Iraq to the Stockholm Convention on Persistent Organic Law, submitted by the committees of Foreign Affairs, Health and Environment relations with a view to ratification of the Convention for the disposal of persistent organic Althabth.oanhy
Council's first reading of the draft ratification of the Convention on the Law Cooperation between the Government of the Republic of Iraq and the Government of Islamic Republic of Iran in the field of plant protection agricultural quarantine, while
Millionday: NOTE -- ACCESSION TO THE STOCKHOLM CONVENTION ON PERSISTANT ORGANIC LAW
Millionday: >>>>>>>>>>>>>>>>>>>>>The Stockholm Convention is a global treaty to protect human health and the environment from persistent organic pollutants (POPs).
Millionday: completed the second reading of the draft law on ratification exemption of diplomatic and special passport holders and the service of feature access between the Government of the Republic of Iraq and the Government of the Republic of Azerbaijan and submitted by the Committee on Foreign Relations Convention on the Law.
Millionday: NOTE -- OBVIOUSLY THE LAW ON FOREIGN REPRESENTATIVES ETC AND THE ABILITY TO COME TO IRAQ ----DIPLOMATIC EXEMPTION
Millionday: As Council completed the second reading of the draft amendment to the Code of Criminal Procedure Act No. 23 of 1971, as submitted by the Aleghanonah.ovi Committee interventions of Representatives on the law, Rep. Risan Dler confirmed that the amendment violates the Constitution, especially as the ratification of death sentences is one of the powers of the President and adjusted requires amend the constitution.
Millionday: NOTE -- OBVIOUSLY HE DOES NOT HAVE THE POWER IN A DEMOCRATIC GOV TO CHANGE THE CONSTITUTION
Millionday: SO THERE IS THE PARLIAMENT UPDATE
Millionday: I BELIEVE I HAVE INK ON TOMORROW MEETING IN INK TOO TONIGHT
Pablo: Did I understand correct that they've finally opened the 2015 budget? How can they do that with the rate as it stands?
Millionday: THEY HAVE TRANSFERRED FUNDS TO DEPARTMENTS -- NOT HANDED OUT FUNDS YET -- DISTRIBUTED BY WHAT I SAW --- THIS IS HUGE AND WE HAVE MORE ON THIS
Millionday: SO MUCH NEWS TONIGHT
jenterprises: As of 8:15 PM est FOREX showing 1095.6000
Millionday: THE RATE HAS NOT CHANGED ---- WISH YOU WOULD MOVE SOME .......... LOL
Millionday: LETS LOOK AT SOME VERY INTERESTING ECONOMIC NEWS
Millionday: BRB --- THIS IS WHOOPOW ALL THE WAY AROUND
Millionday: Hussein al-Tamimi Tgb represents global stock index sensor markets in different parts of the ground and directed for professionals towards stand on the real of the most important goods prices in international markets, including the oil V.mmthel global stock Osama Mahmoud is the oil of the most important commodities affecting the global economy in general and the Iraqi economy special,
Millionday: NOTE -- CALLING FOR THE ACTUAL PRICE TO EXTRACT OIL IN THE INTERNATIONAL MARKET -- WE WILL SEE MAJOR CONTRACTS TONIGHT THIS IS NEEDED FOR
Millionday: NOTE -- MORE CALLING FOR PRICING
Millionday: and are affected by oil prices, the offer only nothing to do with demand and is so different from all goods Alakhary.oukal »Sabah»: There are many effects on oil prices and the cost of extracting the most important as the extraction cost plays an important role in determining the price of oil,
for example oil in Iraq the advantage of easily extracted the fact that the Iraqi soil sandy and easy to drill, but for wells Brent Almtozaah between Britain and Norway Vtmtaz high extraction cost of the fact that the soil of those areas rocky.
Millionday: NOTE -- CALLING FOR THE ACTUAL IRAQ OVERHEAD THAT IMPACTS THE PRICE OF OIL ON THE MARKET
Millionday: READ EVERY WORD>>He pointed out that transporting crude oil to refineries or for export an effective role in determining oil prices, affecting the cost of transporting oil in setting prices for example,
methods of transporting oil through marine tankers are less expensive than extended oil pipeline through the territory of the exporting and importing countries Naft.wachar that major oil organizations' policies as an organization OPEC plays an important role in determining oil prices
and the best example of this dramatic decline in Oil prices in the last period because of OPEC's policy of flooding the market offer larger amounts of the actual need for the global market
Millionday: NOTE -- OBVIOUSLY THE REPORT WE SAW THAT IRAQ`S OIL IS GOING TO BE INCLUDED IN GLOBAL OIL PRICES ON THE MARKET -- MAKES MORE SENSE NOW
Millionday: pointing out that seasonal changes push oil prices to the upward move in global markets, especially in the separation Alhta.uan the reason for the low price of Iraqi oil all kinds of oil and other Mahmoud said: saw the price of Iraqi oil significantly reduced during the last period,
where the Iraqi oil prices ranged between 32-38 dollars per barrel, a generally lower price of Brent crude at about $ 10 per barrel, what the reason for this disparity in prices?
Millionday: He said the Iraqi oil classifies species least efficient from the rest of the world's oil types, where is the Iraqi oil poorly in terms of purity, compared with a mixture of Brent, which makes it costly in the refining process and needs to be sophisticated refining tools,
and this will inevitably raise the cost of production of oil derivatives, but it is most important characteristic of Iraqi oil is a low extraction cost of the fact that the oil wells in Iraq close to the earth's surface as well as the ease of drilling for oil the fact that the soil in Iraq sandy and not rocky.
Millionday: NOTE -- AS WE HAVE TALKED ABOUT -- ADVANCED REFINING WILL IMPACT IRAQI OIL PRICING AND REVENUE ABILITIES
Millionday: He said initial reports indicated the International Energy Agency that crude oil markets will continue to suffer from an oversupply during 2016 due to poor Global demand for crude oil as well as expectations of increased production by the Iranian oil.
Millionday: SO AS MANY HERE HAVE TALKED ABOUT -- THIS IS HUGE
Holly1: WHOOPOW ..... Millionday
Holly1: this is GREAT !
Millionday: UNDERSTAND THAT ACTUAL PRICING FOR LOGISTICS -- ALL OVERHEAD IMPACTS THE GLOBAL OIL MARKET THROUGH IRAQ -- WHOOPOW
Millionday: I AGREE HUN -- WHOOPOW
Millionday: THIS REPORT IS VERY IMPORTANT -- READ EVERY WORD
Millionday: Suffering banking sector in Iraq, among other challenges hindering progress, despite the central bank aims to support the development and revitalization of the work of banks, but the claims rising day after day to put modern mechanisms for the development of the banking system to become a role player in support of the Iraqi economy.
Many concerned recommendations emerged in this area, which is the establishment of a bank for economic development and a greater role for the private sector, as well as to facilitate the issue of guarantees and review the map of the spread of the banks in the provinces.
Millionday: NOTE -- THIS IS CALLING FOR THE ENTIRE BANKING REFORM TO SUPPORT THE ECONOMIC REFORM
Millionday: WHOOPOW >>>Facts and Figures says economist Tawfiq Ali Hassoun in a statement »Sabah»: The « the economy is a facts and figures, supports the balanced economic development, and exploitation of optimal physical and human resources through the development of the banking sector to become a role player in the implementation of financial policies ».
The expert added that Iraq up to the present time« lacks the establishment of a bank for economic development, although the budget law 2006 approved the establishment of such banks in all provinces to cover the investment services and infrastructure reconstruction
Millionday: NOTE -- THE REFORMS ARE REQUIRED TO MOVE FORWARD IN DEVELOPMENT OBVIOUSLY
Millionday: and calls for observers and specialists in the banking regard to the advancement of» the private banking sector »in Iraq, through legislation laws that would contribute to the development of his work, arguing the importance of establish a specialized bank to invest, to facilitate the entry of foreign capital into Iraq.
Millionday: NOTE -- CALLING FOR BANKING ROLES TO BE TAKEN
Millionday: Local investment and saw Hassoun that the current role of the banking sector is effective, efficient and closer to neutrality, noting that private sector banks are few in number the stock market, and most of the heads of a family of their money,
along with the fear citizen from investing his money in an undefined institutions or declared for services and facilities provided by the community, Like the rest of the companies listed on the Iraq Stock Exchange, where indicators shows weakness Alastosmaralamhali.
Millionday: NOTE -- OBVIOUSLY STAKEHOLDERS WOULD EXPECT LISTING ON IRAQ`S STOCK MARKET FOR INVESTMENT ETC
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