Millionday News 6/29/14 Part 1
Welcome To Sunday Night News Time With Millionday!
[millionday] here we go
[millionday] al-Tamimi Tgb continue the formal institutions of government and economic organizations, non-governmental efforts and capabilities in support of the crowd tactical National sustain the momentum of victories achieved by our armed forces, the heroine in the defeated terrorism,
as announced EFCC for follow-up mechanisms of action of border crossings and facilitate the task of the entry of goods, pointing out Login nearly 600 trucks a day from the port Zurbatiyah only.
[millionday] note -- they are announcing they have taken over the ports and can be proud in their military achievements
[millionday] has announced general manager of TBI Hamdiya dry for a resolution passed at the extraordinary meeting of the Board of Directors of the bank to transfer amounts of advertising and aid amounting to 800 million dinars allocated for the purpose of buying food for the army and in the form of meals.
supporting the army said in a telephone call to the "morning" that the bank has taken measures supportive of the home front by postponing repayment of loans to small businesses for the purposes of tourism projects as well as for some borrowers who have obligations with the state departments
[millionday] note -- the banks feel secure in what they have seen for security -- great news
[millionday] . They pointed out that the employees of the bank branches of the 22 initiated to conduct campaigns blood donation in support of military operations ongoing in some provinces.
follow-up outlets to announce that the Federation of Chambers of Commerce and follow up the work of border crossings and to overcome any obstacles that may accompany the entry of materials that enhance the exhibits local markets.
said Alaa al-Nuri in a telephone interview from the port Zurbatiyah Frontier "morning" that the specialized committees of the Federation and the Chamber Trade in the province, which is located border port within its borders following the mechanisms of action adopted and new measures that facilitate the entry of goods smoothly high.
[millionday] note -- whoooo hoooo -- they have been told that the borders and ports are back in their control and will be successful in moving goods
[millionday] foodstuffs , adding that port Zurbatiyah border runs smoothly high and the clock under the supervision of specialized committees where conducts inspections in accordance with the regulations and is inserted materials examined without any trouble to their suppliers, as noted, the entry of large numbers of trucks per day, ranging between 450-600 trucks loaded with various essential goods, noting that 60 percent of them foodstuffs.
confirmed the existence of the committees of the Union relay the reality of supply of foodstuffs in all the provinces and how to walk demand especially With the holy month of Ramadan, pointing out that the committee reports confirm the balance of supply and demand and prices maintain their levels, indicating that the balance prevents
[millionday] the occurrence of any defect in prices in the future. unions said Nouri to that the reality of supply in the domestic market, large and there is no shortage of materials food, as does fear of shortages in the future, adding that the union and professional associations of economic work to provide the necessary support to the Iraqi armed forces, each according to its competence.
said that efforts are continuing to support the domestic front, military and economic in order to miss an opportunity to predators, the security of the country, and that Support large for the stability of economic security through the provision of all the requirements of the daily life of citizens.
[millionday] so this is fantastic news -- they are able to bring in through ports all their needs and that will also allow the exporting to be able to be done as well
[millionday] they are able to bring in economically what the service men need and have secured the ports
[millionday] any ?? not much to really ask with that except – whoopow smile brb with more
[millionday] this was sent by a member to me and is very good for many reasons
[millionday] one is that the transfer of funds out of iraq require an internationally recognized currency so that the price of the currency of the exchange compares fairly to the price of the dinar in buying abilities
[millionday] Maysan opened Trade Bank of Iraq on Sunday, a new branch in the province of Maysan, under a plan prepared for the opening of six new branches during the current year in the provinces that need banking services.
The director of the Commercial Bank in Maysan Muhammad Ali for "tomorrow's Press", "The opening of a branch of the Commercial Bank in the province will contribute to facilitate financial transactions and revitalize the banking sector there."
He explained that "the bank seeks to expand financial dealings in various regions of Iraq and a way that would improve the economic reality and investment where," pointing out that "the opening of the new branch in the province is part of a financial plan prepared by the bank for the distribution of six branches between the provinces that need services Transfer ".
[millionday] this is directly for the investment sector and also for exchange and wire services or as we call it -- modern banking brb with more on it great news !!
[millionday] now let me explain something that has been discussed before i have been asked who is the bank for the isx ? they have two in the country at this time that are very well known for that roll -- citigroup and also JP Morgan
[millionday] this is an old article that came out upon JP Morgans entry to Iraq --
[millionday] great find my friend
[millionday] here we go -- J. P. Morgan Chase has been selected to operate a bank the United States is creating in Iraq to manage billions of dollars to finance imports and exports. J. P. Morgan will lead a group that includes 13 banks representing 13 countries to run the bank for three years, said Peter McPherson, the top United States economic adviser in Iraq.
Operating the bank, the Trade Bank of Iraq, will give banks access to the financial system of Iraq, which has huge oil reserves; foreign bank companies have not operated in the country since a policy of nationalization in the 1950's and 1960's.
Yesterday's announcement came on the day a car bomb killed a top Iraqi cleric and at least 82 others, underscoring the danger of having a presence in the country.
The trade bank will serve as an intermediary for Iraqi government agencies' purchases of equipment and supplies from companies based outside the country, Mr. McPherson told reporters in Washington in a conference call from Baghdad.
[millionday] if you look up custodian banks -- you will find listed jp morgan and also citigroup as well known throughout the globe
[millionday] note -- that was when the plan was made and is not yesterday that the attacks took place
[millionday] so know how huge that is for us that the Trade banks are now spreading for the purpose of wiring and exchange capabilities and also they are probably going to be the custodian bank but we have to wait for that ink -- they are very versed in it and also very well known
[millionday] so -- we have to always start with WHOOOPOW I GUESS smile
[millionday] here we go smile
[millionday] The National Alliance officially announced as the biggest bloc, and has the right to name a prime minister in the new government. The head of the National Alliance, Ibrahim al-Jaafari in a press conference and I followed (newspaper rectitude) announced today that the "National Alliance is committed to the recommendations of the reference speed up the formation of the new government.
"The prime minister will be exclusively from the National Alliance, noting that" the coalition will attend the parliament session scheduled for next Tuesday. Jaafari has called for political blocs to attend a session of parliament in order to label the three presidencies.
[millionday] end of report --
[millionday] so as we see the Tuesday date has not been changed as of yet and that my friends is great news the custodian bank is the bank for the isx or the stock market
millionday: it is not a way to not have a reality rate or to have -- that is the job of CBI
awesomedtl i read that Allawi was going to show up and he is probably excited because he thinks he will be chosen -- as they do in all countries -- if he is chosen then that is who it will be -- we have no way of knowing until the choice is made
millionday: there sure are a lot of reports stating that many want him out so i will be shocked but it will be who it is so we have to wait and see because trust they are not letting a peep out about it
millionday: awesomedtl must be garbage?
millionday: which ?
awesomedtl: the other article that I read on other site I believe YOU
millionday: there is a lot of news out there and all everyone can do is bring what they find so we will have to see what comes and always know that researchers are trying their best to help and some are doing it for hours a day so -- who it will be will be soon enough it looks like
awesomedtl: thank you I know you dedicate a lot of time to us thank you Im smiling
millionday: i know one thing -- we have huge and very good researchers here -- bgg -- chattels -- mr white -- so many others too i dont want to forget anyone but we are blessed smile -- brb with more
[smiller67] millionday and sczin11 too
[millionday] here we go
[millionday] smiller67 absolutely
[crank7] sczin11 has been awesome
[millionday] Definition of 'Custodian' A financial institution that holds customers' securities for safekeeping so as to minimize the risk of their theft or loss. A custodian holds securities and other assets in electronic or physical form.
Since they are responsible for the safety of assets and securities that may be worth hundreds of millions or even billions of dollars, custodians generally tend to be large and reputable firms
[millionday] that is all custodian banks do for the stock market/stake holders /investors -- they keep the books and store it
[jtank] They have to have it
[millionday] smile ok brb with more
[millionday] A leading figure in the Islamic Supreme Council, on Saturday that the National Alliance Sesame candidate for prime minister in a matter of hours. Fadi al-Shammari said in a statement seen by (newspaper rectitude) "The National Alliance Sesame candidate for prime minister in a matter of hours."
Shammari said that "the Supreme Council to attend the first session of parliament for the election of the three presidencies in one basket."
[millionday] The Iraqi National Alliance announced earlier on Saturday, it is called the largest parliamentary bloc, which will nominate its candidate for prime minister, as he emphasized attending the parliament session scheduled next Tuesday.
It is scheduled to hold a new House of Representatives next Tuesday after its first contract that called for the Presidency of the Republic, as the session will be chaired by MP Mehdi al-Hafez as older.
[millionday] Mp Mehdi-al-Hafez is the elder to chair so huge day tuesday will be smile
fishheads] I read an article that the Kurds wouldnt attend if they did that what is your Opinion
[fishheads] basket pres
[millionday] i have seen that they will not take part in the gov if maliki stays -- we will see who is placed -- it will be a mess imo if they dont
[millionday] here we go this is very interesting
[millionday] The Governor of Central Bank of Kuwait, Dr. Mohammed Hashel start trading the sixth version of the categories of new banknotes Kuwait on Sunday.
Said Hashel, said putting banknotes of the sixth version of the new Kuwaiti dinar trading does not affect the validity of the banknotes of the fifth edition of the dinar currently in circulation and strongly maintained discharge as legal tender until the issuance of a decision by dragging them from circulation later.
[millionday] so that is just a part of the report but Kuwait is releasing a new currency tomorrow
[millionday] just thought i would throw it in the mix smile
millionday] Secretariat of the Council of Ministers, Sunday, disable the official working state institutions in the capital Baghdad on Tuesday, with the exception of formations necessary. Secretariat said in a brief statement, "The Council of Ministers decided, disable official working in state institutions in Baghdad on Tuesday, with the exception of formations necessary" .
mention that on Tuesday approved the first of the month of July, is the date of the first session of the new House of Representatives, where most of the political blocs have confirmed their intention to attend this meeting
[topgun] Isn't it Monday 3:30 AM in Kuwait? So, the currency was released yesterday? Right or Wrong?
[millionday] it would be banking hours
[graylnjo] Any special reason Kuwait would be doing that at this time
[millionday] topgun in a little while
[topgun] Thanks... Should be later this morning Kuwait time
[millionday] graylnjo yes -- because the region has taken counterfeiting to a new level and the fraud has become an issue so they are releasing new secure bills for the purpose of avoidance of counterfeiting abilities
[millionday] kind of interesting the denoms
millionday] here is the denoms for Kuwait >>>>
[millionday] He pointed out that Hashel categories of Kuwaiti banknotes for the new version are the current categories themselves (fifth edition) without adding any new categories and classes are (quarter of a dinar and a half dinars and the dinars and five dinars and ten dinars and twenty dinars). ‘
Hashel explained in previous statements that the volume of money in circulation in the market with a 1.5 billion Kuwaiti dinars, adding that the new offering aims to replace this number of new currencies within a year.
[millionday] so they are fading out the old smile
[millionday] brb with more iraqi news -- PROGRESS