Millionday News 3/22/15 Part 2
Welcome to dinarupdates.com for News Time with Millionday!!
PaulSmith1976: do you see Iraq waiting on other Global economic moves and strategy before they RV or are they simply on their own timeline acting independently?
Millionday: I THINK THAT THIS WILL HAVE A GLOBAL IMPACT DUE TO THE MARKET ECONOMY THAT IS THEIR GOAL ALONG WITH THE WTO THAT MANY COUNTRIES ARE A PART OF –
THE EMERGING ECONOMIES MUST HAVE AN IMPACT OR THEY NEED TO GO BACK TO THE DRAWING BOARD BUT –
THIS ONE HAS BEEN ANNOUNCED TO BE AN EVENT THAT WILL IMPACT THE GLOBE AND THERE ARE MANY REFERENCES TO AGREEMENTS IN TRADE AND ALSO THE ISX HAS BEEN HOOKED TO NASDAQ SO THE AVOIDANCE OF AN IMPACT CANT BE DONE --
Millionday: SO I THINK AN IMPACT NOT A RELIANCE
alphaone2: Do you think they are working behind the scenes and are farther long then we think
Millionday: YES -- I THINK THAT BY THE TIME THE NEWS HAS BEEN IN SOME INSTANCES -- APPROVED-- IT IS A COUPLE DAYS LATE AND WE HAVE SEEN THAT AS WELL --
Millionday: ALSO Millionday: FOR SECURITY PURPOSES --- I WOULD SAY THAT MANY ARE LATE IN REPORTING AS FAR AS MILITARY ACTION AND MOVEMENT OF PEOPLE AS WE HAVE SEEN IN THE PAST
Millionday: ALSO -- WE HAVE SEEN LAWS GO TO PARLIAMENT AND NO COMMENT FOR A WHILE AND THEN THE ACTION OF THAT LAW IN THE NEWS --
Millionday: Fatlawi called an economist to the need to find appropriate solutions to the problems of state-owned enterprises to achieve the desired results, indicating that non-small percentage of these companies have products carry a high specification.
He explained Dr. Raed Fahmi in his speech " morning "that these companies are not able to compete due to higher production costs, primarily electric power, as well as the disposal of their products,
pointing to the need for the emergence of political will in this context through the state ministries and institutions to purchase the products of these companies.
Millionday: NOTE --- THEY ARE IN NEED OF REFORM FOR THE STATE-OWNED COMPANIES -- A COMPETITIVE MARKET IS NOT A CONTAINED MARKET -- ECONOMICS 101
Millionday: He said Fahmi that what progress requires issuing decisions with the exception of some equipment from the terms of government contracts because it involves the public interest,
pointing out that this is particularly the Ministry of Defence applies in relation to the purchase of products, public companies, textile and leather industries and some of the companies that manufacture some military equipment to the limit he said.
Millionday: NOTE -- THIS SOUNDS FAMILIAR
Millionday: NOTE -- THE MANUFACTURING OF MILITARY ITEMS HAS WORKED IN SOME COUNTRIES TO BRING BACK THE ECONOMY IN WAR TIMES -- SMILE
Millionday: He reported that all of this will generate financial cycle limit fiscal spending in the national economy and serve two goals: first, to activate the state-owned companies and their products,
as well as the operation of its employees and to address the liquidity crisis has, and the other goal to reduce the use of hard currency for the purposes of import what helps in the face of restrictions on the state budget and reducing the pressure is also on the Central Bank in terms of meeting the demand for the dollar.
Millionday: NOTE -- HUGE RESULTS -- LIQUIUDITY AND THE ACTIVATION OF STATE -OWNED COMPANIES
Millionday: NOTE -- HUGE TO GENERATE A FINANCIAL CYCLE -- FUNDS
Millionday: For his part, suggested Alkhbayralaguetsada D.dakhl Jawad in his "morning" to address the weakness in the private sector by the State to implement strategic projects and basic loops in the national economy in the private sector to complete secondary loops pointing out that it will boost the economy towards investment and work freely in accordance with the data and cost calculations.
Millionday: NOTE -- THE ACTIVATION OF THE PRIVATE SECTOR WILL PUT THEM VERY CLOSE TO MANY OF THEIR GOALS----BOOST ECONOMY AND WORK FREELY SOUNDS LIKE A MARKET ECONOMY --(SUPPLY AND DEMAND)
Millionday: READ EVERY WORD>>Jawad resorting to privatization promised an essential part of the reform programs and to address poor performance and keep pace with the fact that many government projects are a burden on the state budget,
which creates motivation The justification to privatization in order to adapt the public sector with age variables and expand private sector activity, indicating that the application of the principle of privatization achieves efficiency of the national economic performance is accompanied by an increase in government revenue and reduce the deficit in the state budget,
as well as the development of local financial markets and stimulate activity not to mention the profitability of efficiency and creativity and freedom of movement.
Millionday: SO THIS GOES VERY WELL WITH YESTERDAY`S REPORT FROM THE IMF
THE ACTIVATION OF THE PUBLIC MARKET WILL PUT THEIR PRODUCTS OUT THERE AND PRODUCE REVENUES AND THE PRIVATE SECTOR WILL BRING IN THE REVENUES AS WELL WITH TAXATION AND SERVICE FEES ETC –
SO THIS ACTIVATION BEING CALLED FOR NOW IS A HUGE PORTION OF THE MARKET ECONOMY AND LOOKS LIKE COMPLIANCE FOR THE IMF REQUESTS TO ME
USAAlways777: Is there a Specific Time Frame that iraq wants to be International & will it be before Ramadan?
Millionday: I WISH THEY WOULD GIVE A DATE FOR INTERNATIONAL -- WE ARE WAITING ON JUST THAT --- BUT NOT YET
Paul_76: I have learned so much on this journey concerning global economics, politics and everything else in between and how all play a role in this incredible lifetime event.
Millionday: NOTE -- NEXT MONTH AN ECONOMIC FORUM TO BE FOR FRENCH ECONOMICS -- THE SIGNING OF ECONOMIC , TRADE, AND INDUSTRY AGREEMENTS
Millionday: and Antoine that this meeting was held to hold the French Conference - Iraqi in Paris early next month, after it has been the means of cooperation between the two sides over the 7 years since the establishment of the Joint Business Council.
humanitarian aid and pointed out that the Ambassador French provided assistance and support to his country of Iraq in its war against terrorism, a donor in the amount of 5.6 million euros for humanitarian organizations in support of the displaced people from the hot in the northern and western provinces areas.
Millionday: NOTE -- THEY HAVE HAD AN AGREEMENT FOR YEARS -- YAY THEY ARE WORKING TOWARD ITS ACTIVATION WITH THIS FORUM IT APPEARS
Millionday: It was also during the meeting, which was held last week to review the action opportunities of interest to the French side and support the Iraqi economy,
the most important put forward a proposal to establish the Institute of Technology French works on the dissemination of culture and professional French for networking industrial and professional relationships,
especially that Iraq is on the verge of rebuilding campaign broad and significant investment. It also has been a proposal to support the establishment of the Iraqi students Alumni Association of France and the continuation of training missions to France, as well
Millionday: NOTE -- IRAQ IS ON THE VERGE OF REBUILDING CAMPAIGN BROAD AND SIGNIFICANT INVESTMENT
Millionday: as increase the size of French Iraqi trade and expand investments in various oil and agriculture, industry, building and construction and other fields, especially in light of the government's orientation to activate the role of the private sector and the privatization of many industrial projects.
It is said that the Joint Business Council, formed in March of 2009, on the occasion of the twelfth Joint Commission between the two countries, as this institution is managed,
co-chaired by the President of Businessmen Union Iraqi Reza Ragheb Blibl and general manager of Upstream Total Live Luis Daricarar to contribute to the development of bilateral trade relations.
Millionday: SOUNDS LIKE THEY ARE MOVING TOWARD ----- PROGRESS IN THIS FORUM
Millionday: LOVE IT
Millionday: bilateral relations , adding Antoine said the meeting stressed the importance of developing relations Iraqi-French and not restricted on the official side, as the French expressed their willingness to support the Iraqi businessmen,
especially within the new efforts in Iraq and the transition to a market economy. postpaid and student Businessmen Union Iraqi contract with the French side in the processing of some of the projects through the payment term, and urged French companies in this field,
They expressed their hope in the transfer of French technology in the field of industries to Iraq, especially after their experience in providing some of the projects materials and primary materials for the process of construction and reconstruction, where he was one of the processors regulars for the water project big Rusafa.
Millionday: NOTE -- LOVE THE REFERENCE ABOUT THE NEW EFFORTS IN IRAQ AND THE TRANSITION TO A MARKET ECONOMY
Millionday: NOTE -- WE ALSO SEE THEY ARE PART IN SOME OF THE LARGEST PROJECTS ACCORDING TO THIS
Millionday: READ EVERY WORD
Millionday: For his part, person of the head of the Economic Department of the French Embassy Philip Ghali Marqlat Investment in Iraq and routine and bureaucracy with the entry of French companies, demanding the creation of a legal and regulatory environment to facilitate the entry of French business leaders to Iraq,
especially in the area of access to land and the registration of companies, and the banking system is not at the required level. Support Iraq either the Iraqi side has called his French counterpart to contribute In support Iraq economically project, as well as the opening of a French bank in Iraq,
Millionday: NOTE -- THE BANKING SYSTEM-- IS NOT AT THE REQUIRED LEVEL
Millionday: NOTE -- NOW LOOK AT THE NEXT AND LAST PART OF THIS REPORT
Millionday: SMILE>> as in the Standard Chartered Bank to sponsor and facilitate French business in Iraq experience, according to confirmed Antoine.
It was intended that the 2014 Business Council participated in the Economic Forum in June, the year in Paris, but The event was canceled, due to the events of Mosul and terrorist attacks by "Daash" on the northern and western provinces gangs, has been postponed to April 2015.
It is scheduled to include the Forum organization "Almidev" namely: "Employers French organization", in coordination with the Economic Section French Embassy in Baghdad.
Millionday: SO AS WE HAVE SEEN -- DAASH HAS HELD UP MUCH IN IRAQ AND ACCORDING TO THIS -- IT WAS TO BE HELD IN JUNE AND WILL BE NOW HELD NEXT MONTH -- WHOOPOW
Millionday: THIS ECONOMIC REFORM IS VERY INTERESTING NEXT MONTH FOR MANY REASONS
Millionday: FIRST IT IS AT THE BEGINNING AND FOR THE INCLUSIVE OF "EMPLOYERS FRENCH ORGANIZATION" -- SHOULD BE A UNION ORG -- AND SO MANY OTHER REASONS
wvchsr19: do they need an international rate to sign deals with the French?
Millionday: NOT TO SIGN DEALS BUT THEY HAVE ANNOUNCED THAT IRAQ IS NOT AT THE PLACE THEY SHOULD BE -- VERY INTERESTING STATEMENT -- UNLESS THEY ARE LISTENING
quicktolegit96: ANYTHING ON A "HCL"
Millionday: QUICK NOT YET
Millionday: IRAQ IS UNIFYING
Millionday: confirmed a member of the Presidency of the Council of Representatives, Sheikh Hamoudi D.hama that cohesion between the sons of the popular crowd and fighters from Sunnis areas of confrontation will chart ways of understanding and stability in Iraq,
not forums political conflict. Said Sheikh d. Hamoudi in a field trip to the children of the popular crowd and security forces and tribal members stationed in the battlefields of jihad against Daash, moved statement by his press office received a "morning," a copy of it,
"I would advise our dear brothers who are busy with political action to inspect the brothers fighters in their positions to find the psychological and spiritual new, and find the spirit young people in the elderly in the defense of Iraq
Millionday: NOTE -- YOU CAN IMAGINE THAT THE IRAQIS ARE GETTING CLOSER TO EACH OTHER FIGHTING SIDE BY SIDE
Millionday: NO NEED TO READ THIS WHOLE THING -- THAT IS THE POINT -- HISTORICAL TIMES
Millionday: LETS CALL IT A NIGHT
Millionday: WE ARE NOT HAVING RT TOMORROW
Millionday: WE WILL SEE YOU AT 730 EST TOMORROW NIGHT