Millionday News 2/1/15 Part 2
Welcome to dinarupdates.com for news time with Millionday!
misterq: Has any one else noticed that gas is going up in price??? I believe Iraq made a statement that they would like to see gas @ 56.00 A barrell... So it would be better to RV...
Millionday: THE STATEMENT WAS THAT THE BUDGET WAS DONE WITH OIL AT 56 A BARREL DUE TO THE EXPECTATION THAT IT WILL GO UP IN THE BEGINNING OF THE YEAR –
THE PRICE OF GAS TAKES A WHILE TO BE AFFECTED BY THE MARKET PRICE -- BUT WE HAVE VERY LOW GAS HERE SMILE
VIP.smiller67 Millionday: I thought they weren't going to take any Holidays until this is done.
Millionday: THEY WERE NOT UNTIL THE BUDGET WAS DONE PER THE PRESIDENT BUT I WOULD EXPECT THAT THE FINISH OF THINGS ON THE TABLE WOULD BE DONE BEFORE THEY VACATION ANYWAY -- KEEPING AN EYE ON IT
Millionday: .. Has announced the presidency, on Sunday evening, the three presidencies meeting focused on the preparation of legislation to help in the creation of national reconciliation conditions.
The presidency said in a statement received by the agency / information / copy of it, "the three presidencies held this evening, meeting at the Peace Palace in Baghdad in the presence of President Fuad Masum, and the Prime Minister Haider al-Abadi and Parliament Speaker Salim al-Jubouri and
Millionday: gentlemen, the Vice-President Nuri al-Maliki and Osama Najafi The deputy prime minister Saleh al-Mutlaq and Bahaa al-Araji, and Vice President of the House of Representatives Hamoudi. "
The statement added that he "was in the meeting extensively discussed in the basic aspects of the ministerial curriculum which formed on the Kan government,"
he said, adding that "it was a focus on the actions taken in the preparation of legislation and proposals for laws that assist in the creation of national reconciliation conditions, so as to promote unity People in the confrontation with terrorism and state-building. "
Millionday: NOTE - REMEMBER THE STATEMENTS OF THE NATIONAL RECONCILIATION THAT WE LOOKED AT THE OTHER NIGHT AND HOW MUCH OF THEM IS THE RENEW OF THE IRAQI ECONOMY AND TRADE TO A MARKET ECONOMY
Millionday: WE EXPECT A HUGE ANNOUNCEMENT IN SOMETIME CLOSE TO ACUALLY HOLD THE NATIONAL RECONCILIATION CONFERENCE AND THIS WILL BE IN BAGHDAD AND HUGE FOR IRAQ AND ITS PROMOTION
faith1: i read that.... m was in custody for smuggling monies ?
Millionday: HE HAS BEEN CHARGED BUT HAS NOT GONE BEFORE COURTS FOR CHARGES YET AS FAR AS I HAVE READ AND UNTIL THEY CAN HAVE A REASON THE THORN STILL REMAINS
Millionday: YES HIS SON WAS CAUGHT WITH FUNDS AND THAT MAY BE WHAT THE REPORT WAS -- MALIKI IS UNDER INVESTIGATION AS FAR AS I CAN SEE RIGHT NOW
Millionday: Confirmed to the parliamentary Committee on Foreign Relations, Saturday that Saudi Arabia will open its embassy in Baghdad and its consulate in Arbil next month, pointing out that the opening ceremony will be attended by the Minister Saud al-Faisal Khajria.
Said committee member Mithal al-Alusi told / information /, "The opening of the Saudi embassy in Iraq is the beginning of the right steps towards strengthening bilateral relations between the two countries," noting that "the weight of Saudi Arabia has a large influence in the region."
Millionday: NOTE -- THE REASON BEHIND THIS IS VERY INTERESTING IN THIS REPORT -- OBVIOUSLY GAIN WOULD BE THE REASON FOR ANY EXPENSE
Millionday: He added that "despite the fact that the approach of the Iraqi and go where there is no clear lines so far, but we are optimistic about the new policy of the Kingdom and we want to express our sovereignty and our interests,"
he said, adding that "the gates of Iraq are open to anyone who wants to deal with us according brotherhood and common interests."
Alusi and pointed out that "there is information we received from the Saudi side to us that the Saudi embassy and consulate will open next month after the completion of Thih place,"
asserting that "the opening ceremony will be attended by Saudi Foreign Minister Saud al-Faisal."
Millionday: SO AS WE SEE THEY ARE SAYING THAT IRAQ IS NOT CLEAR ON WHERE THEY ARE GOING OR WHEN ETC -- THAT OF COURSE IS WHAT IS RELEASED IN THE MEDIA – BUT VERY INTERESTING ONCE AGAIN TIMING WISE
faith1: i heard on radio that Obama was in Saudi Arabia today ?
Millionday: HE WAS A COUPLE OF DAYS AGO AND I AM NOT SURE IF HE IS STILL IN THE REGION OR NOT
Millionday: THE FIRST LADY WAS AS WELL
Millionday: THIS IS RELEASES FROM CBI -- THERE ARE THE REPORTS FROM CBI
Millionday: THEY ARE WORKING TO STIMULATE THE ECONOMY AND ALSO MOVING FORWARD WITH PLAN FOR THE BUDGET DEFICIT
Millionday: CENTRAL BANK MADE A LOT OF DECISIONS TODAY TO MOVE FORWARD WITH THE IRAQI DEVELOPMENT OF THE ECONOMY
Millionday: AND ALSO THE DEPARTMENT OF CENTRAL BANK COUNCIL APPROVED THE PROPOSALS MADE BY THE INTERNATIONAL BANKS BOARD
(reports did not copy to chat...so summations by Millionday)
Millionday: THE ONE THAT EXCITED ME WAS THE INTERNATIONAL BANK`S BOARD -- SMILE
Millionday: NOTE -- THE DECISIONS ARE NOT AVAILABLE IN ENGLISH EITHER -- WHOOOPOW
Millionday: BUT DEVELOPMENT STEPS ARE WHAT WE WOULD HOPE TO SEE IN THE ECONOMIC REFORMS
ramses24d: so is this the one where the investors had a chance to bring in what they would like to see happen?
Millionday: NO THIS IS THE SET STEPS
ramses24d: you know they're recommendations
Millionday: NOT JUST SUGGESTIONS -- THEY DECIDED WHAT THEY ARE GOING TO DO -- SO WITH THE STATEMENT THAT THEY ARE FUNDING INTERNATIONAL ACCOUNTS --- THIS IS NOT A BAD THING
Millionday: NO THEY ARE DECISIONS ---- NOT RECOMMENDATIONS
Millionday: NOTE -- THE PRESIDENT HAS RELEASED THE BUDGET AND ANNOUNCED IT AS LAW ON THE WAY TO THE GAZETTE -- CANT GET THE TRANSLATION BACK IN TIME BUT –
IT IS NOTED PER THE PRESIDENT --- SO HOPEFULLY I WILL HAVE IT TO BRING TOMORROW
Millionday: MEETING TODAY
Millionday: Hosted by the General Secretariat of the Council of Ministers Council of Central Bank Governor Ali Mohsen Ismail, to discuss the mechanics of the general budget disbursement after approval by the House of Representatives.
During the meeting, which was chaired by the Secretary General of the Council of Ministers offer extensive details of the budget materials and maintain the Iraqi dinar exchange rate
Millionday: NOTE -- THE MINISTERS MET WITH CBI GOV TODAY TO LAYOUT THE DISBURSEMENT OF THE BUDGET
Millionday: The meeting also discussed the importance of uncles smart card in the trading and banking business dealings, and educate citizens use to reduce the procedures.
The department offered citizens about the affairs of its first indicators that the government monitored e-citizen program and the number of users and government agencies that responded to the program.
Millionday: NOTE -- IF CHANGE WAS NOT PART OF THIS --- THE CITIZENS WOULD NOT NEED EDUCATION AS IT WOULD BE THE SAME AS ALWAYS
Millionday: This meeting was attended by Deputy Secretary-General and aide to the secretary and general managers of the departments of the Secretariat and their collaborators and the Director of the Executive Office of the Director of the media and government liaison office.
Millionday: SO AS WE SEE THIS IS PREPARATION FOR ACTION THE CITIZENS NEED TO UNDERSTAND -- WHOOPOW
carpet: do you feel they will rv before they open the budget? and if they do open it it will be in billions not trillions right
Millionday: I DONT KNOW BUT IF THEY REMOVE THE THREE ZEROS FROM THE EQUATION THE AMOUNT WOULD BE CHANGED BY THAT AMOUNT OF CHANGE
misterq: What exchange rate are they talking about to maintain ??? I'm Not quite clear
Millionday: THE IRAQI DINAR EXCHANGE RATE
jackflash101st Millionday: what does maintain the Iraqi dinar exchange rate mean? To keep it as is?
Millionday: NO IT MEANS TO USE ECONOMIC TOOLS USED BY GOV -- TAXES -- STIMULAS-- INTEREST RATES ETC TO KEEP IT FROM CREATING AN INFLATIONARY EVENT DURING CHANGE OR ECONOMIC HARDSHIP ETC
vanessa123: MD, when you say the president signed and it will be in the gazette, what does that mean exactly? Does it mean the budget is opened and implemented?
Millionday: IT MEANS THAT STEP THREE -- THE SIGNING IS DONE AND NOW TO BE LAW IT MUST BE PRINTED IN THE GAZETTE PER THE WAY THEIR LAWS ARE PUT INTO LAW
CanTWaitwoRV: MD, if they don't change the rate the inflation will exceed 2% at some point?
CanTWaitwoRV: kinda how it appears
Millionday: CBI HAS BEEN ABLE TO MAINTAIN THE EXCHANGE RATE AND KEEP IT FROM CREATING INFLATION AT A HIGH RATE ---
SO THEY NEED A REALITY RATE TO HAVE A MARKET ECONOMY FOR FAIR TRADE AND BY THE INTERNATIONAL PRICING INDEX CALCULATION ACCORDING TO WORLD ECONOMICS -- SO NOT TO AVOID INFLATION THEY DONT
faith1: millionday there has been much talk of IF the rate is in the budget OR not,,, can you please give us your opinion of that .. please and thanks !
Millionday: ALL DATA WOULD BE CHANGED WITH A CHANGE IN THE RATES AND PURCHASING POWER OF THE DINAR -- THIS WOULD BE DONE BY ELECTRONIC E-GOV ENTRY ---
THE BUDGET AND ALL FIGURES - BENEFITS -PRICES - UTILITIES EVERYTHING WOULD BE CHANGED ALL AT ONCE IN ORDER FOR IT TO MAKE SENSE -- ANY CHANGE WILL BE RECORDED IN EVERYTHING FINANCIAL
VIP.smiller67 Millionday: How long does it take for it to officially become Law once it's posted in the Gazette?
ROBINREDHED: it is like the recorders book
Millionday: 1 DAY
Millionday: YES LIKE THE RECORDERS BOOK -- EXACTLY
Millionday: SO THAT IS ALL THAT IS OF MAJOR IMPORTANCE TONIGHT
Millionday: SEE YOU ALL TOMORROW AT ROUND TABLE FOR MORE