Millionday News 5/3/15 Part 2
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: I HAVE BEEN ASKED FOR MY OPINION ON THE RELASE OF THE BILLS BY MANY AS I AM SURE YOU HAVE AS WELL ALONG WITH MANY OTHERS HERE -----
I HAVE AN OPINION THAT MAKES SENSE TO ME AND SEEMS TO RESOLVE SOME OF THE ISSUES THEY WILL FACE .....
Millionday: WE KNOW THAT THERE IS A RISK IN MANY AREAS FOR GROUPS OF PEOPLE BEING ALL AT ONE PLACE WITH SECURITY ISSUES AND TERRORISM THREATS ....
Millionday: THEY MAY BE TRYING TO MINIMIZE THE RISK AS MUCH AS POSSIBLE FOR TWO REASONS –
THE CONFIDENCE IN USING THE BANKS AND ALSO THE SECURITY AT THE BANKS FOR CITIZENS TO BE ABLE TO EXCHANGE FOR THE MONETARY POLICY ACTIVATION --......
Millionday: MANY THINGS ARE BEING DONE ALL AT ONE TIME AND THE EXCHANGE OF BILLS WOULD BE VERY TIME CONSUMING
AND ALSO A RISK FOR THE CITIZENS THAT ARE AFRAID THEY MUST GET TO THE BANK FIRST IN FEAR OF LOSING THEIR FUNDS ETC
Millionday: SO MY THOUGHT IS THAT IT MAY BE THAT THE 50 NOTES ARE GOING TO HOLD A VALUE AS IT IS NOW AND THAT THEY WILL GO AHEAD AND EXCHANGE THEM OUT TO MINIMIZE THE LONG LINES AND TARGET ON THE IRAQI`S BACKS AS MUCH AS POSSIBLE AT THE PRIVATE BANKS
Millionday: AND THEN IMO THE VALUES WILL ALL BE CHANGED ALL AT ONCE -- WITH THE USE OF THE SMART CARD -- DEBIT CARDS -- ETC --
Millionday: DATA ENTRY ---
Millionday: I HOPE THAT MAKES SENSE -- IT IS JUST AN OPINION OF HOW THEY MAY BE ISSUING WITHOUT CHANGING THE RATE RIGHT THEN BUT TO GET SOME OF THE EXCHANGE OUT OF THE WAY --
Millionday: HERE IS A CBI ANNOUNCEMENT FROM TODAY ABOUT THE APPLICATION OF THE REMITTANCE SYSTEM REGULATIONS
Millionday: To / banks approved to exercise all banking -approved all remittance companies - companies to broker the sale and purchase of foreign currency all ( questionnaire about the window buying and selling currency )
Millionday: SO THE MOVE TO THE REMITTANCE SYSTEM HAS JUST BEEN MOVED EVEN FURTHER ALONG BY APPROVING ALL THE EXCHANGE COMPANIES TO USE THE SINGLE WINDOW
Millionday: WITH TOURISM BEING ACTIVATING ETC --
puffdragon: MD will all this progress have any baring with rv time frame.
puffdragon: Just seems that all that has gone on that at some point the rv will be necessary to continue!
Millionday: THERE IS A REPORT OUT THAT STATES THAT THE ECONOMIC REFORMS AND THE MONETARY POLICY HAD TO BE MOVED UP TIMEWISE BUT WE DONT KNOW THE DATE IT WAS SET AT –
SO TO TELL YOU THE DIFFERENCE WOULD REQUIRE THE INITIAL TIME
Millionday: HOWEVER -- ACTIONS ARE MAKING THIS COME FASTER -- SO THAT CANT BE BAD -- SMILE
meatball: qUESTION FOR MD............ DO YOU BELIEVE THEY HAVE TO DE-DOLLARIZE ?????????
Millionday: THE NATIONAL CURRENCY OF IRAQ IS THE DINAR –
THEY HAVE STATED IN REPORTS THAT THEY WILL NOT BE USING THE DOLLAR ON THE STREETS –
SO IMO -- THEY WILL NOT BE USING US DOLLAR IN IRAQ BUT THE OIL PROCEEDS ARE US DOLLAR AND THEY WILL BE SENT TO FUND AND CALCULATED BY FUNDS THEY RECOMMEND
Millionday: CBI WILL BE RECEIVING THE US DOLLAR AND THEREFORE WILL BE EXCHANGING THE US DOLLAR
meatball: Thanks,,, What is your thoughts on a 1 to 1 rate to move people away from the dollar and gain confidence in the Dinar?
Millionday: I THINK THAT THE CULTURE OF IRAQ WILL MOVE THE DINAR TO A CONFIDENT TENDER-----
THEY HAVE PRIDE IN THEIR CURRENCY THROUGH BUSINESS IN THE REGION AND THE GLOBE –
SO THE STEP TO THE MONETARY POLICY AND THE CONFIDENCE THAT IRAQ WILL GAIN FROM MAJOR ECONOMIC GIANTS --
Millionday: THE AGREEMENTS THAT ARE BEING ACTIVATED AND THE JOBS THAT ARE COMING WITH THE PRIVATE SECTOR AND INVESTMENT ACTIVATION –
IS GOING TO BE A GAIN IN IRAQ`S CONFIDENCE IN THE COUNTRY AND ALSO THE CONFIDENCE IN THE GLOBE –
THE ISX AND SO MANY MANY AGREEMENTS/CONTRACTS ARE GOING TO CREATE SUCH A TRADE HUB IN THE REGION -- IRAQ WILL BE PROUD OF THEIR COUNTRY
Millionday: THE RATE HAS NOT BEEN RELEASED BUT THEY HAVE STATED THAT IT WILL BE THE GREATEST IN THE REGION -- ITS ALL IN HOW YOU TRANSLATE THE STATEMENT -- BUT I DO NOT KNOW THE RATE OR DATE
Millionday: A source within the office of the Prime Minister, Haider al-Abadi, criticized the support of some politicians to the US Congressional decision over arming the Iraqi Sunni tribes and the Peshmerga forces away from the central government, assuring that no armament to be done without Baghdad's approval.
Millionday: SO THE US OF A CANNOT TAKE OVER APPROVALS THAT ARE GIVEN BY THE COUNTRY`S GOVERNMENT FOR ARMING OR ANY DECISIONS ABOUT ARMAMENT
Millionday: I THINK IT IS CRAZY THAT THE QUESTION CAME UP --
Millionday: READ EVERY WORD OF THIS REPORT -- EXTREMELY IMPORTANT
Millionday: Vice President Joe Biden spoke today with Iraqi Prime Minister Haider Al-Abadi. The Vice President reaffirmed the US commitment under the Strategic Framework Agreement to a united, federal, and democratic Iraq, as defined in the Iraqi constitution.
Millionday: NOTE -- THIS IS A COMMITMENT TO THE SFA -- AS WE DID READ THE MEETING IN WASHINGTON`S STATEMENTS OF ITS ACTIVATION
Millionday: He further reaffirmed, pursuant to this commitment, that all U.S. military assistance in the fight against ISIL comes at the request of the Government of Iraq and must be coordinated through the Government of Iraq.
Millionday: NOTE -- CONGRESS CAN NOT MAKE A DECISION ABOUT THE WAR ON TERRORISM IN IRAQ WHEN IT CONCERNS THEIR MILITARY AND POLICIES ETC
Millionday: The Vice President and Prime Minister also spoke about recent security developments inside Iraq. The Vice President underscored America’s commitment to help Iraqis reclaim their territory from ISIL, and the Prime Minister expressed appreciation for U.S. coordination and air strikes by the International Coalition in support of Iraqi forces and Iraqi volunteers operating under Iraqi government command.
Millionday: The Vice President also expressed his condolences on behalf of the United States for the victims of ISIL's barbaric terrorist attacks,
including car bombs recently against innocent civilians in Baghdad. Both leaders emphasized their mutual commitment to working together to defeat ISIL and helping Iraqi forces protect Iraq's full sovereignty and independence.
Millionday: SO AS WE SEE HERE -- THEY ARE COMMITTED TO RPOTECT IRAQ`S FULL SOVEREIGNTY AND INDEPENDENCE ---- THEY CAN ONLY SUPPORT SOMETHING THAT EXISTS –
SO IRAQ IS IN A GREAT POSITION ACCORDING TO THIS AND THE REPORTS ABOUT CONGRESS AND THEIR DECISIONS DO NOT APPLY BECAUSE THEY ARE A SOVEREIGN COUNTRY -- INDEPENDENT IN THEIR OWN DECISIONS
MGM Millionday: ????
Not to be confusing but whats the status of the SOFA?
Millionday: THE AGREEMENT HAS EXPIRED AS IT WAS WRITTEN - DO YOU MEAN THE SFA ?
MGM Millionday: Standard of Forces Agreement
MGM Millionday: Am I an idiot and the SFA replaces the SOFA?
Millionday: IT EXPIRED IN 2011 I BELIEVE MGM -- BUT WILL TRY TO FIND IT FOR US IN THE NEXT DAY OR SO
meatball: Do you think there banking infrastructure is ready/ can handle an RV?
Millionday: MEAT --- CBI AND THE BANKING OFFICIALS ANNOUNCED THAT THEY WERE READY TO ACTIVATE THE VALUE OF THE DINAR AND ALSO RELEASE THE INTERNATIONAL CURRENCY VALUES MONTHS AGO -- BUT I CANT REMEMBER THE EXACT MONTH WE SAW IT ----
HOW EVER -- THEY STATED THEY WOULD DO IT IN STEPS AND THE FIRST STEP WOULD BE THE WORK SHOPS -- AND THEY DID JUST THAT –
PERIODICALLY THEY STATED THAT SOMETHING THEY HAD DONE WAS ONE OF THE STEPS OF THE MONETARY POLICY/BANKING REFORMS –
SO WE DONT KNOW WHEN -- WE JUST KNOW THAT EVERYTHING IS WOVEN TOGETHER TO CREATE SUCCESS IN THE ENTIRE REFORM PACKAGE
Millionday: WE WILL SEE EVERYONE AT ROUNDTABLE AT 1 EST PM TOMORROW
Millionday: DONT FORGET TO LISTEN TO CALL AND ALSO THE BLOG AND FORUM ARE LOADED WITH SO MUCH INFO -- YOU SHOULD GET IN THERE AND LOOK AROUND -- SO MUCH IN THERE --