Millionday News 7/6/14 Part 2
Welcome To Sunday Night News Time With Millionday!
[millionday] i think this has something to do with just that
[millionday] lstar877 oh hun how i agree
[millionday] here we go -- Farah pumice compatible with the holy month of Ramadan and the increased demand for food, commodities and other goods, experts have called and specialists citizens to rationing and not to exaggerate in buying them, so as not to lead to an increase in rates, in addition to the importance of the principle of citizen awareness of social aid, as well as the activation of local production within the scope of the production of "canned food" as food dry benefit the Iraqi army
[millionday] note -- they are telling them not to buy much? this is interesting -- lets read the rest
[millionday] . economic expert Mahmoud Alloush urged citizens not to exaggerate the purchase, especially with the holy month of Ramadan , as it acquires Citizens large quantities of food to ensure their needs during the holy month what affects prices in general, so it's supposed to be the needs of the daily routine and to avoid the demand for materials in large quantities and stored, which leads to damage.
between Alloush "morning" that the role of Ministry of Commerce to monitor prices during the last term and current, and to coincide with the terrorist attacks on the regions and provinces in the country, is the role of the weak and supposed to be practiced in control on the prices of goods and commodities after calculating commissioned and maintained during this phase. as
[millionday] note -- this is coming from the ministry of commerce -- hmm -- i think it is very interesting lets look at the rest
[millionday] the expert said the need to support and care for the National Society for the Protection of the consumer, as it has been established and the election of the Board of Directors have, in order to play a role in maintaining consumer rights and protection of greed and control of goods flowing to the Iraqi market to be specifications and international standards that match the importer, besides explained the importance of the role of standardization and quality control to verify the quality and specifications incoming goods, with the adoption of two global Swiss
[millionday] and French in addition to the operation of the device, saying it Atemars role as required. , in turn, saw an economic expert, Dr. Peace Sumaisem that the increase in the demand for food and goods, especially during the current month of Ramadan has led to an increase in prices,
Besides the scarcity of some of the material presented, as a result of the security conditions faced by the country and the disruption of some roads and border crossings, especially with Turkey, as the rate of trade exchange between the two parties to the (21 percent), they have had the effect of an additional increase in rates
[SHIEK] no control of the dollar rate, not enough food and supply, prices go through the roof. Iraq does not produce enough in country, obviously.
[millionday] note -- now know that they are making this report to the citizen as if to tell them not to buy more due to the raised prices -- i however think there is more to it
millionday] , indicating that this shortfall versus Increased demand leads to higher prices. called Sumaisem stakeholders and the media to raise public awareness of the principle of "social aid" and provide such aid to families displaced from the regions and the provinces hot addition to providing aid to the Iraqi army and the establishment of campaign donations,
whether money or food. among sees a member of Board of Directors of the Chamber of Commerce of Baghdad, Alaa Nouri contrast to the speech expert, as it pointed out that the local market in a state of stability not seen before because of precautionary measures adopted by the chambers of commerce and professional associations competent in order to keep the balance of the local market
[millionday] note -- this is very interesting due to the timing in my opinion -- we see raised prices all the time during holidays and have grown used to it -- but they are very involved in this right now during ramadan and some of the comments and who is involved is very important --
[millionday] and on invitations efforts to legalize consumption materials said "morning": that consumption patterns adopted in Iraq differs from other other countries and Iraqi individual prefers the acquisition of more than the actual need for daily life,
in anticipation of any emergency that may happen in the future, pointing out that the reality of supply in all markets, balanced today, despite the presence of rumors indicate a lack of big will happen in the exhibits markets, but the mechanics of import dependent missed the opportunity in front of it wants to exploit the situation for personal purposes.
[millionday] note -- it seems as though they are trying to minimize the purchases under the statement that they should just buy daily just in case a lack of stock comes ? that makes no sense
[millionday] note -- i know i am a research dork so if i am boring you i am sorry lol
[millionday] felt that rationing consumption is required all the time, especially for materials perishable and which can not be stored, noting that the local efforts of the public and private sectors do not allow obtaining the lack of any material needed by the citizens in the future and the present.
said Nouri that much of the food provided by the merchants donations to the armed forces stationed on the battlefield, and that it did not disrupt the amounts of supply of basic food items, but became a harmony between the market and the citizen, and this is what Acherth regulatory agencies in local markets set up by the Baghdad Chamber of Commerce, where I felt that the majority of citizens acquiring sufficient to meet the real necessity.
[millionday] note -- so as we see they are stating that they need to just buy necessity --- and wartime would be covered by the only thing that has been a constant would be food and necessities -- through all this time actually
[millionday] so lets play detective and finish with this and look for silly reasoning
[millionday] In a related context Prime assembly Iraqi industrial Abdul Hassan Shammari that the efforts of local industrial proved a stand supervisor through activation of local production in factories approved within the scope of the production of foodstuffs, canned, which can be food Java important for a fighter on the battlefield. Shammari between the importance that everyone is aware of the size of the exposed him the country of plot,
here is a must initiate all of his address to the targeted country through rationing in demand on the material and to be as much as the actual need, because the domestic market is in a state of stability, do not call the fear of the next. , and pointed out that the country has the capacity of industrial and large commercial able to protect markets from any attempt to rig the exhibits and this is evident by reviewing the history of the Iraqi market,
[millionday] note -- so they are saying that they have not had problems in the past so why now would this be brought up? -- very interesting -- almost done
[millionday] which remained full of spite of crises, many went through over the decades and eras past. saw the markets of Baghdad and other provinces, especially the hot ones, a rise in the prices of goods, foodstuffs and vegetables to more than (50 percent) as a result of recent events. continues committees formed by the Ministries of Agriculture, Commerce, Interior represented by the Department of Economic Crime, control of local markets and the prices of materials which closely, as
[millionday] the agent said administrative and financial support to the Ministry of Agriculture Ghazi slave in an earlier statement the "morning": that the committees formed monitored the prices of fruits and vegetables in the local markets, after the recent run,
however, These measures have made prices fall dramatically, contributing to the return of stability to the markets again, especially in Baghdad, while prices remain high in hot Kninoy provinces, Salahuddin and Anbar.
[millionday] now lets think about this --
[millionday] they have made the prices stay at a level that was normal as market prices have been in the recent past -- so this would make sense if a calculated change was being done by % --- the change being made at a raised price by a holiday rip - off as we call it in my neighborhood -- would make the calculation not correct due to inflated pricing –
so this is very telling how much they are controlling this from a government department too -- we have some statements made that they shouldnt ect -- but the monitoring that is going on there is very strange at the level we see it at --
[millionday] do you agree?
[millionday] end of report any comments or ???
[millionday] i find this very interesting as would any research dork
[lstar877] Oh as in if they were changing the dinar they want all calculations correct? Is that what you're thinking?
[dovi] don't know enough about economics to say MD
[jtank] it sounds like wartime shortages or they-gov- are afraid of
[dovi] I was thinking what they buy today could cost them far less in a short time..so don't buy a lot
[dovi] that's prolly stupid
[millionday] when they redenominate the country -- the pricing index will be part of this process -- when they remove the 3 zeros they will not just remove the 3 zeros because the removal of all use of the us dollar will only happen if they get more for the dinar and also the calculation they have spoken of for the inflation adjustment or even the cost of living change -- this will all be done through data entry -- if the prices everywhere are inflated -- this application will not work --
[SHIEK] New financial protocol is being implemented to the markets in anticipation of
[millionday] jtank it very well could be as well -- it is very interesting that all of this is being addressed so formally when we have been here for years and have not seen such interest as this -- imo
[millionday] dovi no its not and its far from it
[millionday] SHIEK they certainly are getting a lot of attention that they did not get in the last 9 years that i have been watching
[lstar877] So calculations are for dinar revalue??
[Romello] millionday With my Dinar glasses on it looks like hold on and buy less because of to increase in value is coming now. On the other hand WITHOUT my dinar glasses, it is as clear as mud...
[millionday] i dont have a date and no one does but if they were to change the denominations in the country as they have said they are doing -- they will do this by data entry --- so it will be done by a % so that the amounts can lower inflation and also can help with cost of living and also be applied to help benefits and also expenses with rent and utilities expectations along with food pricing ect
[SHIEK] The problem with that is raising the value, creates less commodity, which creates Hyper inflation. Buy less as we are about to see an increase in value, and we cannot sustain supply
[SHIEK] Buying power anticipated
[millionday] lstar877 i am not saying that they are rving -- i am saying that in the past 9 years of researching iraq and ramadan -- the department of commerce has not been so involved in what the citizens buy during ramadan and what they stock pile for the month of family gatherings ect –
they are actually telling them to buy what they need daily -- so that is new and is very strange to me so i was telling all of you why it is strange to me -- the change when they actually remove the 3 zeros and redenominate the country and move forward with their monetary reform will be done in so many ways but mostly in pricing for essentials will be done by data entry and % --
so if the prices that they are demanding to not be inflated during ramadan were changed by % data entry were actually changed while they were inflated in a huge manner --- the actual process would produce inflation AND A HIGH COST OF LIVING DUE TO THE STARTING POINT -- however we have nothing stating that is why they are making such a huge huge deal about
capisci13] Isnt ramadan a working "holy time"?
[angus] SHIEK that's my thoughts...
[millionday] jacking the prices up -- but we have not seen it in the past 9 years i have been invested or however long the rest of you have been -- i am just stating this from my own experience
[millionday] SHIEK smile
[jeffusa] millionday I have 381,000 on my car and we know how good yours is... when are we getting new ones?
[millionday] capisci13 they fast during the day and eat at night -- yes a working holy time
[lstar877] I realize you're not calling the rv. I was just thinking that maybe calculations need to be most accurate at a time when they need to figure out cost of living for the value of dinar. Mo
[millionday] jeffusa if you would give me that 381,000 right now i would get a new one tomorrow
[millionday] brb with more
[millionday] i have one more for you all sorry its so late this is good news for the Iraqis and us
[millionday] Karbala - Ali gesture life returned to normal in the city of Karbala after the lifting of the curfew that was imposed two days ago, despite keeping the decision to close the entrances of the province of Foreign Affairs, but the inhabitants of the province.
comes at a time it intends to maintain the formation of a committee to determine the damage done citizens to compensate them after the recent events. president of the Provincial Council Nassif Jassem rhetorical said in a statement the "morning": that "life returned to normal in the city and has removed all the damage caused by the confrontation witnessed by the city last week between (follow Sarkhi) and the security services.
[millionday] note -- they are to be compensated
[millionday] , he said Many government departments have carried out cleaning area Saif Saad, which is located where the Office Sarkhi, and removed all the concrete barriers and the remnants of the confrontations. also pointed out that the curfew in the city of Karbala was lifted two days ago,
was to keep the decision to close the entrances to the province of points of Baghdad, Hilla and Najaf in front of the next , but a resident of the province and holds an official identity to prove it, attributing it to the continuation of inspections for the arrest of the wanted.
[millionday] pointed rhetorical that he will form a committee to limit the damage to the citizens and their roles, especially the role neighboring office Sarkhi exposed to significant losses.
reported that what was published "morning" on demand of citizens for compensation will take him local government into account, and this will be the committee that we are seeking to set up responsible for the inventory of all what he was subjected citizens,
whether through military operations or that caused by the presence of the office in the region. was "Al-Sabah" was published yesterday ( Saturday), a report on the events of Karbala and citizens claim damages caused to their role and their property.
[millionday] so in the near future they will be compensated for the losses and warrants of the mad men will be issued -- the curfew has been lifted and clean up has begun -- sounds as if some of the attacks are coming to an end or that they cant drive around anymore due to the many vehicles being bombed -- smile
millionday] wish i could push one of those buttons -- what idiots to hurt their own people after such a long time of pain and death --
[millionday] but as we see PROGRESSS AND THAT WE LOVE
[letsroll] millionday are the insurgents dominating the news you get seems just a week ago they planned to over run bagdad