Millionday News 11/09/14 Part 2 of 3
Welcome to dinarupdates.com for news time with Millionday!
Millionday: SO THEY ARE WANTING TO REMOVE FEES AND ALSO ADD LOWER AGED WORKERS THAT WORK ON THE ECONOMIC SIDE OF THINGS TO TAX EXEMPTION
Millionday: SO IT LOOKS LIKE THEY ARE ACTIVATING THE ECONOMIC REFORM UNLESS I AM READING IMPLEMENT THE ECONOMIC REFORM WRONG -- SMILE
coco1: HOwever, we're not sure if that "tomorrow" actually means tomorrow, right?
Millionday: EXACTLY -- IT IS A TRANSLATION PROBLEM AND TRUST ME THEY HAVE GIVEN NO TIMELINE SO IT MEANS MOVING FORWARD NOW OR OUR NEXT STEP ETC OR COULD
Millionday: IF IT MEANS TOMORROW I WILL NOT BE SAD THOUGH
Millionday: BRB WITH MORE
coco1: Me neither - it is all good!!
Millionday: NOTE -- THE ONE THING IS THAT THE REHAB AS THEY CALLED OF THE COUNTRY ECONOMICALLY THEY LABELED START OF
Millionday: HERE WE GO
Millionday: scheduled to be held in Beirut - Lebanon, on 20 and 21 of this month, the Conference Association annual Arab banks this year, which will be under the banner of "any Arab economy lies ahead."
The secretary-general of the Union of Arab Banks and Sam Fattouh: The conference will be sponsored to attend Prime Minister Lebanese-Tammam Salam, and the governor of the Bank of Lebanon Riad Salameh.
He Fattouh, in a press statement: Our conference this year is characterized by the participation of the largest economic grouping international Arabic-, where he will participate in its financial and banking institutions from various Arab and foreign countries represented by ministers of money and
Millionday: NOTE -- CHECK OUT THIS LIST OF ATTENDEES
Millionday: the economy, and the Board of Governors central banks and Arab heads of Arab and international financial institutions, among them International Bank European Commission –
Federal Reserve Board US - International Monetary Fund - Capital Markets Foundation Euro United Nations program in Lebanon - Economic Cooperation and Development (OECD) (OECD)
- the Council of Arab Economic Unity - Federation of Chambers of the Gulf Cooperation Council (GCC) - Economic and Social Commission for Western Asia (UN- ESCWA) and the General Council for Islamic Banks and Financial Institutions.
Millionday: NOTE -- I THINK THEY MEAN EVERYONE
Millionday: He noted that Arab Banks and the International Federation Union of Arab Bankers decided to grant His Excellency the Governor of the Central Bank of Egypt - Hisham Ramez Award "leadership vision" for 2014 in recognition "for his efforts and contributions in the banking industry
and lay the foundations for financial and monetary stability, development in Musr.wachar Secretary General of the Union that he will be the award ceremony during the opening of the conference,
in the presence of personalities and events of banking and economic high-level, and the presence of Arab and international unprecedented, from China, Russia, Belgium and Germany France and the United States.
Millionday: SO WE CAN GUESS THAT SOMETHING IS TURNING UP FOR THE ARAB BANKING WORLD
Dinar Dave: Did you see a article today regarding the world bank being in Bagdad this weekend??
Millionday: I HAVE NOT BROUGHT IT IN YET
Millionday: LET ME ANSWER YOUR ?? ABOUT IT WHEN WE HAVE READ IT IN HERE SO EVERYONE REMEMBERS
Millionday: THEY ACTUALLY HAVE A BUILDING /LOCATION IN IRAQ
maine: is the Nov 20th date a hint to us regarding a timeline?
Millionday: I WOULD SAY THEY WILL BE DISCUSSING BANKING IN THE ARAB WORLD AS IT IS AND I KNOW IRAQ IS GOING TO BE PART BUT HAVE NO IDEA ON A DATE
Millionday: HOLD ON TO YOUR HAT FOR THIS
Millionday: Iraqi Federation of Industries demanding re-scheduling to repay the loans provided to Lsnaaaan before 2003.
The head of the Union Ali Sabih in an interview for the "morning": that all loans provided to the industrial projects after 2003 must be rescheduled, adding more stops laboratories for production due to the indiscriminate importation which impact negatively on domestic production.
He pointed to the importance of re-scheduling the payment of loans in proportion to the reality of the country in terms of interest in industrial projects.
The thousands of laboratories approved stopped working because of a failure to approve the local product protection laws such as the law of customs tariff .
Millionday: SO HE IS ASKING TO HAVE THE LOANS THAT WERE GOING TO BE PAID BEFORE ALL OF THIS NOW SCHEDULED BUT BUT BUT
Millionday: IN PROPORTION TO THE REALITY OF THE COUNTRY IN TERMS OF INTEREST IN INDUSTRIAL PROJECTS
Millionday: SO THE REALITY IS GOING TO BE DIFFERENT IN INTEREST AND THIS WILL ALSO BE DUE TO THE LAW BEING USED -- TARIFF
Millionday: HMMM VERY EXCITING
Blossom: I am sorry I do not understand im old?
Millionday: DO YOU HAVE A ??
Blossom: yes can u explain in laymen's terms is this the rate u are talkin bout?
Millionday: THIS IS THE ECONOMIC REFORM THEY ARE TALKING ABOUT –
IT INCLUDES THE MONETARY POLICY AS WELL AND THE BANKING REFORMS TOO HOWEVER
flightnurse: is that last statement saying they need a reality rate before they repay the loans and interest
Millionday: IT IS SAYING THEY WANT IT RESCEDULED AT THE REALITY IN THE COUNTRY WITH THE NEW INTEREST FOR LOANS AND ALL THAT APPLY SO THEY ARE TALKING ABOUT INTERNATIONAL PAYMENTS DUE FROM AFTER 2003
AND I WOULD SAY THEY WERE BEING MADE BEFORE AND THEN THEY STOPPED –
SO NOW IT APPEARS SOME CHANGES ARE COMING THAT WILL BE THE APPLICATION OF THE TARIFF AND REALITY INTEREST AMOUNTS –
WE COULD SAY THIS SHOULD BE DUE TO THE WORKSHOP ON THE ACTIVATION OF THE ECONOMIC REFORM
Millionday: WE LIKE ECONOMIC CHANGE
slh5282: SO WITH THE NUMEROUS BANKS INVOLVED IS THIS THE REFORM OF ALL OF THE PENDING BANKING LAWS THAT WILL BE RESOLVED AND MOVE FORWARD ALL OF THE REFORM?
Millionday: THIS WOULD BE ACCORDING TO THE REPORT THE BEGINNING OF ALL REFORMS –
THEY ARE SAYING THAT THE ECONOMIC REFORM IS MOST IMPORTANT AND THEY WILL BEGIN WITH IT BECAUSE ALL REFORMS RELY ON IT
Millionday: WOW THIS IS ENCOURAGING
Millionday: WHOOOPOW WHOOOPOW
Blossom: Is the economic reform holding up the rv?
Blossom: or other ones?
Millionday: PER THE BIG ANNOUNCEMENT THAT WE READ FROM THE CONFERENCE IN KURDISTAN –
THEY STATED THAT IT WAS TIME AND CBI HAD THE RESERVES TO MOVE FORWARD AND JOIN THE CURRENCY MARKET AND RAISE THE PURCHASING POWER OF THE DINAR IN COUNTRY
AND ALSO REVALUE THE DINAR AGAINST THE DOLLAR AND CBI IS ABLE TO CONTROL THE INFLATION AT THE SET RATE AS THEY HAVE PROVEN ---
ALL OF THESE ACTIONS HE WAS TALKING ABOUT ARE THE HEART OF THE ECONOMIC REFORM
MArco: this was the conference on the 4th thru 6th???????????
Millionday: DO YOU MEAN THAT THAT WAS SAID AT ?
Millionday: WANT TO SEE IT ?
Millionday: BRB WITH IT
Millionday: OK WE GIVE UP
Millionday: WILL HAVE TO LOOK AGAIN
Millionday: BUT LETS MOVE ON WITH NEWS
Millionday: WE HAVE MORE
Millionday: Arrived in Baghdad yesterday, a senior delegation from the World Bank to hold meetings with officials, especially Prime Minister Haider al-Abadi, specialists economic aspect.
A source said the World Bank's branch in Baghdad that "the delegation includes Head Board of the World Bank Hassan Mirza, along with Regional Director of the World Bank's Middle East and North Africa Fred Belhadj, as well as the regional manager of the other Middle East and North Africa Fouad Makhlouf,
will be director of the Baghdad office of Robert / Lebanese nationality / them during their meetings with the officials. "
Millionday: The source said that "negotiations with the officials, especially with Prime Minister Haider al-Abadi will focus on the definition and functions of the Bank, and to discuss future cooperation frameworks."
Millionday: SO THEY WILL BE DUSCUSSING THE ECONOMIC FUTURE AND BANKING FUTURE OF IRAQ BECAUSE THAT IS WHAT THEY DO
Millionday: OBVIOUSLY WE KNOW THAT THEY HAVE A LOCATION THERE SO THIS IS JUST A MEETING
BUT AT THE SAME TIME THAT THEY ARE SAYING THEY ARE ACTIVATING THE REFORMS AND THE ECONOMIC FIRST AS IT IS THE MOST IMPORTANT -- SO NOT BAD NEWS JUST NO OTHER DETAILS YET
Millionday: BRB WITH MORE NEWS
Millionday: NOTE -- TUESDAY AGENDA FOR PARLIAMENT
Millionday: MP called on the National Reform Bloc honest we hinted, on Sunday, members of the House of Representatives to approve the broken laws, while noting that the vote on the presidencies of the permanent parliamentary committees will be during the next parliamentary session scheduled for Tuesday.
The Presidency of the Council of Representatives decided, (Saturday November 1), lifting the 26th meeting of the Council to (Tuesday November 11) after a recommendation to dissolve the Committee displaced labor law and read the first reading.
Millionday: NOTE -- THE DISPLACED LABOR LAW WOULD BE LIKE OUR LAW FOR INTERNATIONALS –
IT IS A SECTION-- ALSO THEY WORKED ON SUNDAY TO RESOLVE SOME OTHER LAWS THAT HAD TO BE IN PLACE AND DID NOT RELEASE WHAT THEY WERE
Millionday: NOTE -- NOTICE ONCE AGAIN THE REFERENCE TO ALL AT ONCE
Millionday: He said we hinted a deputy from the Bloc, led by Foreign Minister Ibrahim al-Jaafari, said in a statement received "obelisk", a copy of which, "The resolve the issue once and for all committees will have importance in terms of legislation and the adoption of important laws broken."
He demanded we hinted the political blocs "to expedite the resolution of the presidencies of the standing committees and the adoption of laws broken," likely to "vote on the presidencies of the permanent parliamentary committees in the next parliamentary session scheduled for next Tuesday."
Millionday: THEY HAVE A LOT OF COMMITTEES THEY HAVE BEEN FORMING FOR MANY YEARS SO THIS IS THE VOTE FOR THE LEADERS OF THOSE COMMITTEES THEY HAVE MADE PERMANENT
Comments may be made at the end of Part 3 Thank You