Millionday Sunday Night News 10/18/15 Part 2 of 2
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Millionday: READ EVERY WORD >>> He stressed that the contribution of the citizen his money chunky in those banks and companies lead to increased rates of investment, thus increasing economic activities, it returned to investors that a significant role in increasing liquidity and reducing the inflation rate to the fact that their contribution to the project will reduce the presence of money's value will rise due to lack of supply.
Millionday: SO HE IS SAYING THAT A CHANGE IN VALUE WILL REDUCE THE SUPPLY -- INCREASING LIQUIDITY -- A HUGE GOAL
Millionday: BANKING REFORM IS NEEDED AT THE SAME TIME FOR ALL ECONOMIC REFORM AND ALL DEVELOPMENT -- IT DEPENDS ON EACH OTHER
RickeyT: sounds like a float, thank you
Millionday: THEY HAVENT STATED EITHER WAY ---- OPINIONS VARY BUT THE INK HAS NOT STATED YET THAT I HAVE SEEN
Millionday: REGULATIONS WILL NEED TO BE RELEASED
Millionday: NOTE -- THIS SHOULD SHOW THE REASONING BEHIND SOME OF THE STEPS WE ARE SEEING IN THESE REPORTS
Millionday: Agencies - giants energy "BP" and the British "CNPC" Chinese plans to announce next week the establishment of a strategic alliance between the two in order to develop oil resources in Iraq and elsewhere.
It will aim agreement, which will be one of several agreements will be signed during the visit of Chinese President Xi Jinping to London, to promote cooperation between the two companies in Iraq, where are developing the giant Rumaila oil field in the south of the country.
Millionday: NOTE --- THIS IS EXPECTED TO BE ANNOUNCED IN LONDON NEXT WEEK ---- THINGS THAT MAKE YOU GO HMMMM
Millionday: The Rumaila field in southern Iraq, the second largest oil field in the world, and the production was 1.34 million barrels per day in 2014.
The two companies will also seek to expand through the establishment of companies to develop oil fields in other parts of the world.
It is noteworthy here that "CNPC" Chinese state-owned company is the largest producer of oil in the Asian continent, the Group parent company "PetroChina".
Millionday: HUGE FOR IRAQ AND WHERE THEY ARE HEADED IN THE MARKET
Millionday: VERY INTERESTING IN MY OPINION THAT THE ACTUAL EXTRACTION PRICING NEEDS TO BE CALCULATED WITHIN THE COUNTRY -- AND HOW SOON THIS IS EXPECTED TO BE ANNOUNCED
Swan2013: WHOOPOWWW.,., SO READY
Millionday: A COMPLETE EXPLANATION OF WHAT IRAQ PLANS TO DO
Millionday: «social market economy» the best solution to address the social and economic problems of society in Iraq, in line with the reform demands of the mass, which pave the way for the provision of optimal services to citizens.
This is known as the kind of economy that the concept of the economic system policy, which is based on freedom the market, but at the same time includes the social balance elements.
Millionday: NOTE -- IT IS NOT JUST THE MARKET BUT ALSO APPLIES BENEFITS FOR THE CITIZEN TO BEGIN --- TYPE OF POLICY
Millionday: SOCIAL MARKET ECONOMY >>>>>an economic system based on a free market operated in conjunction with state provision for those unable to sell their labor, such as people who are elderly or unemployed.
Millionday: NOTE -- BENEFITS
Millionday: >>>>>and worked some European countries, including Germany after the Second World War, among other reforms, which transformed its economy from a socialist to a social market economy,
which is a correlation between the thought of a free market economy and social thought to unite under the banner of (socialism more with more freedom), then come out with a combination under the name of (the principles of free market with the principles of social balance).
Millionday: NOTE -- WAR TORN COUNTRIES HAVE HAD SUCCESS TO RETURN ECONOMICALLY AND INTERNATIONALLY
Millionday: . decentralized administrative But many of the Iraqi civil society organizations at the level of Iraq has sought (NGOS) in cooperation with officials in the provinces and members of the provincial councils ,
and experts and specialists economists have contributed to the specialized topics most important administrative decentralization for the purpose of advancement of the Iraqi provinces and ways to manage and raise the economic and social level at the same time through the dissemination of the social market economy concepts in the community and the Iraqi state.
Millionday: NOTE -- THEY HAVE STATED THEY WANTED TRANSFERRED POWERS AS WE HAVE SEEN FOR BENEFITS TO ADVANCE PROVINCES AND HELP CITIZENS
Millionday: NOTE -- THIS REPORT TELLS SO MUCH ABOUT THE ECONOMIC GOALS FOR REFORM
Millionday: In this regard, the economic expert on behalf of Antoine occur »Sabah» on the most important the advantages of the social market economy and how it differs from the liberal market economy (free market economy),
saying that he «works to balance economic and social goals in the society and not make a profit only, is also interested in focusing on human rights and abide by all laws internationalism and national agreements that preserve human dignity and society,
as well as it achieves a balance between increased productivity and social objectives is to ensure the rights and health of citizens, and gives the right of the state in the formal intervention and planning in the economy to prevent abuses on society and the rights of the majority
Millionday: NOTE -- THIS WOULD APPLY INTERNATIONAL HUMAN RIGHTS
Millionday: OBVIOUSLY --- THIS IS FANTASTIC -- WHOOOPOW
Millionday: NOTE -- THIS SUPPORTS BUSINESS AND INVESTMENT AND ALSO APPLIES BENEFITS -- THIS IS WHAT WE HAVE READ ABOUT FOR YEARS --- THE PROJECT OF REFORM FOR THE NEW IRAQ
Millionday: while longer productivity and achieve profits and surplus in production is the basis, and determines the neutral role of the state to the market movements of monopoly and profit-making,
as well as its application loop social security and benefits less costs with the expense of the fundamental rights of members of the community without expansion.
The expert saw that a market economy based on basic attributes most important to identify clearly and transparently visions, and coordination at the strategic level, and the gradient and consistency in setting goals to create sustainable development with social growth
Millionday: NOTE -- TAKING CARE OF THE PEOPLE UPON RETURN FROM WAR TORN CIRCUMSTANCE
Millionday: as well as require the identification of priorities for late community regarding the economic activities and the achievement of social justice between classes of people with the existence of constitutional and legal safeguards through solid institutions guaranteeing coherent to reduce the socio-economic tangles,
in addition to finding mechanisms and tools to achieve economic and social cohesion without leaving it to jurisprudence. organizational principles and between Antoine that the German economy is the specimen optimized for applications of the social market economy to benefit from it on the level of Iraq,
Millionday: especially under the circumstances through which, Using basic principles for regulatory create the appropriate framework and correct developments is disguised by reducing the control of monopolies and control permanently and foil its control over the market and to monopolize it,
along with the identification of income policy through redeployment and correct Achtlalath in the market, so as to ensure into account the social needs of the poorer classes without touching it and regulate the market to work on an equitable distribution service and the division of wealth and reverse rates,
as well as the organization of the external effects of market movements on the individual and society, and to stabilize the monetary measures in order not to reflect negatively on the market.
Millionday: NOTE -- INTERNATIONAL TRADE COMPLIANCE -- ALSO SUPPORTING ALL CLASSES ALONG THE WAY AND TAKING CARE OF THEIR OWN
Millionday: NOTE -- HERE THESE BENEFITS HAVE BEEN PAID INTO ---- WE WONT DISCUSS
Millionday: READ EVERY WORD>>>>>>>>>>>He noted expert that during the past years and by virtue of growing revenue in Iraq and the loss of many of the development opportunities, and the spread of financial and administrative corruption may be behind a layer of monopolists to expand imports of industrial and agricultural domestic production account,
recent measures to resist in any actual economic reforms process, stressing the need for the pursuit of the fact that economic reforms by the government and provide the necessary support to the private sector, through the cooperation of all parties to achieve a shift towards a social economy achieve social justice in the distribution of income, creating a socio-economic system in which unites the basic economic processes (production sharing distribution).
Millionday: SO OBVIOUSLY THIS IS ABOUT ALL THE PLANS OF REFORM WE HAVE SEEN BEING APPLIED
Millionday: THE GOAL IS TO IMPACT BUSINESS AND HAVE IRAQIS RETURN WHILE RETURNING THE ECONOMY TO A PRODUCTIVE ONE ON THE MARKET
Millionday: ANOTHER EXAMPLE OF HOW FAST THEY ARE MOVING
Millionday: Hashemi plays the insurance sector in any country in the world an active role in the economic process, and in the Iraq National Insurance Company is seeking this goal through the dissemination of insurance awareness among the public and publicize the importance of the insurance sector to the country's economy through the expansion of its activities to provide services of coverage of all kinds Insurance.
In this context, said Director General of the National Insurance Company Sadek Abdel-Rahman Hussein »Sabah» that the National Insurance Company has a plan to expand its services through offices in all governorates of Iraq calling on citizens to take advantage of insurance services to ward off the risks they face in their daily lives ».
Millionday: NOTE -- THE NATIONAL INSURANCE COMPANY --- THE MUCH NEEDED MARKET OF INSURANCE -- WHOOOPOW
Millionday: NOTE -- THIS IS DONE
Millionday: He said Hussein during the opening of a new office of the company ceremony in the city of Samawah that the opening of the office is part of the company's efforts to deliver insurance services to the people of the province of Muthanna.
and the Director-General of the Office shall exercise all types of insurance (such as insurance life, fire and accident insurance, engineering insurance, auto insurance, Insurance Compulsory auto, marine insurance, insurance of ships, aviation and reinsurance).
The work in Iraq three large state companies in the field of insurance, a national insurance company, the Iraqi and the insurance company, and the company re-public insurance and keep track of the three companies to the Ministry of Finance.
Millionday: NOTE -- THIS WAS STATED DURING THE OPENING OF ITS OFFICE
Millionday: He explained that the National Insurance Company (13) including a branch (8) and specialized branches (5) geographic branches and associated branches (42) offices, including 29 offices and geographically (10) border offices and (3) specialized offices distributed among the provinces Alarac.okan
Hussein said at the time former »Sabah»: The companies global reinsurance giant recently began re-activity insurance with Iraq, noting that the country is a promising market and the needs for infrastructure projects as well as the needs rich local market consumer Balastairadat that it is insurance with different insurance companies.
Millionday: SO AS WE SEE -- MORE PROGRESS -- THIS IS NEEDED FOR EVERYTHING IN IRAQ
Millionday: >>>>>> IRAQ`S 2016 BUDGET IS DONE AND HEADED TO PARLIAMENT
Swan2013: TO THE NAYSAYERS... THIS IS AMAZING SPEED.
Millionday: I AGREE -- FANTASTIC -- WE HAVE NOT SEEN THEM WITH BUDGET DONE LIKE THIS --- WHOOPOW
jwjd: earlier you mentioned the budget was being opened. now you mention the 2016 budget is done.. are you talking about two separate issues?
Millionday: YES --- I AM TALKING ABOUT THE FUNDS BEING TRANSFERED FOR 2015 ---- ALSO THE BUDGET FOR 2016 SHOULD BE IN PARLIAMENT TOMORROW
cjquade54: I guess they could still send the budget back and forth a few times to tweek it couldn't they? even though they say it's done.
Millionday: THEY ARE EXPECTED TO BE PLEASED ACCORDING TO REPORTS AND NOT TAKE LONG WITH IT -- WE SHALL SEE -- THIS IS IRAQ
Millionday: THE BENEFITS ETC ALL ARE PART OF THE BUDGET ---
thefarm7: I'm not sure if I missed it but was the investment law passed today?
Millionday: YES -- THEY EXPECT IT TO GIVE SO MUCH TO INVESTORS THAT IT WILL BRING IN INVESTORS --- IT IS THE FIRST REPORT
thefarm7: Great! Thank you! Is that the same as the HCL law?
Millionday: THE FARM -- NO IT IS NOT THE SAME BUT WE SAW THE OIL AGREEMENT IS DONE FOR 4 YEARS A COUPLE DAYS AGO
Nadita: more of question than comment ... just to reconfirm that the budget is done and the investment law is also passed...
Millionday: NADITA--- NO --- THE BUDGET IS EXPECTED TO BE IN PARLIAMENT TOMORROW FOR FIRST READ SPECIAL SESSION FOR 2016
cjquade54: did we see ink that the investment law was passed today? I thought they moved the vote back to Monday
Millionday: I SAW INK -- ARE YOU SAYING YOU SAW INK STATING THAT IT IS NOT DONE?
cjquade54: I didn't see ink that it was done.
cjquade54: did I miss it?
Millionday: DID YOU SEE INK THAT IT WAS MOVED TO MONDAY?
cjquade54: first it was Monday - then Sunday - then back to Monday
Millionday: I WILL HAVE TO REVERIFY THEN AND BRING IT TOMORROW
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