Millionday Tuesday Night News 12/22/15
Welcome to dinarupdates.com for News Time with Millionday!
Millionday: WELCOME TO NEWSTIME EVERYONE - I HAVE A FEW THINGS TO SHOW YOU
Millionday: I LOVE THIS REPORT
Millionday: Iraq Economic affairs expert, Dhurgam Mohammed Ali, described the role of monetary policy during the current situation a “sensitive role,” because of the size of the economic challenges facing the country.
Mohammed Ali told the National Iraqi News Agency that "the financial crisis, Iraq is passing through, needs a balanced and accurate monetary policy to keep the Iraqi market through the stability of the local currency and to address any possible."
Millionday: NOTE -- THIS IS ABOUT THE MONETARY POLICY AND ITS ACTIVATION
Millionday: NOTE -- THE POLICY HAS TO STABILIZE THE LOCAL CURRENCY
Millionday: He stressed that "monetary instruments represented by exchange and interest and instructions of the Central Bank for banks and sizes of internal loans, will determine the trend of the monetary policy, which should be strong to support the fiscal policy in Iraq."
Mohammed Ali called on the Iraq Central Bank to maintain the cash reserve levels and to deal gingerly with interest rates and employ it to curb any possible deflation and provide cash to the market.
Millionday: NOTE -- THE EXCHANGE SHOULD BE STRONG -- THE INTEREST ALSO THROUGH THE INSTRUCTIONS OF THE CBI -- THEY ARE TALKING ABOUT MAINTAINING THE AMOUNT OF CASH AND THE RESERVES TO HOLD THE VALUE OF DINAR PER THE EXCHANGE RATE
Millionday: Some in the media pointed out that the Central Bank reduced the value of the dinar against the dollar, but the Central Bank of Iraq denied the accusations that they actions devaluated the currency.
Millionday: NOTE -- CBI HAS DENIED ANY PLAN TO DEVALUE --- OF COURSE ANYONE THAT THINKS THAT IS AT THE WRONG PLACE IMO -- SMILE
Millionday: Sales of U.S. dollar and other foreign currencies by the Central Bank of Iraq rose in Tuesday's auction to $183 million dollars, after hitting just $151 million on Monday (Dec. 21).
The Bank said in a press statement on Tuesday (Dec. 22), "the news that talk about reducing the value of the dinar against the dollar is baseless," adding that "the sale price of the dollar has not changed.
Millionday: SO AS WE KNOW THE PRICE HAS NOT CHANGED --- AND THE ADJUSTMENTS ARE DUE TO THE MONETARY POLICY
Millionday: AND AS WE SEE -- THE MONETARY POLICY SHOULD BE STRONG TO SUPPORT THE COUNTRY AS WE ALL KNOW AND THIS REPORT IS ALL ABOUT WHAT THEY ARE DISCUSSING DURING THE ACTIVATION OF THE REFORMS -- WHOOPOW
Millionday: OBVIOUSLY THIS IS SHOWING SUPPORT FOR WHERE IRAQ IS GOING
Millionday: Signed an Iraqi government, on Tuesday, with its Chinese counterpart five agreements and memoranda of cooperation between the two countries in various fields.
He said the Information Office said in a brief statement seen by, Sumerian News, said that "Iraq and China signed today five agreements and memoranda of understanding on economic and technological cooperation The military, diplomatic, and oil and energy.
Millionday: NOTE -- I WILL JUST SAY THIS -- IMO --- THIS IS HUGE AND VERY IMPORTANT AND SHOULD SHOW MANY HOW CLOSE THEY ARE TO GOING INTERNATIONAL DUE TO THE MANY AGREEMENTS
Millionday: "arrived Prime Minister Haider al-Abadi with a ministerial delegation on Tuesday morning, to China on an official visit to sign a number of joint agreements will be through them, with the visit comes within the orientation of the Iraqi government to support the economy and diversify its sources of arms.
Millionday: WHEN SANCTIONS WERE PUT IN PLACE THEY WERE NO LONGER ABLE TO GET ANYTHING FLOWN IN -- WHEN THEY WERE LIFTED CHINA WAS THE FIRST COUNTRY TO BRING IN TECHNOLOGY ---
Millionday: OBVIOUSLY THEY WANT TO BE PART OF THE MASSIVE TRADE AND DEVELOPMENT THAT WILL TAKE PLACE AS WITH MOST
Millionday: UNDERSTAND THAT THE MONETARY POLICY ONE STATED THAT IT HAS TO BE STRONG FOR THE FISCAL POLICY WHICH BEGINS JAN 1ST
cowboydownsouth: Bring on China and a new financial system! WHOOOPOW!!
Millionday: VERY EXCITING TIME FOR IRAQ AND MANY IN AGREEMENTS/CONTRACTS/INVESTED WITHIN
Millionday: THIS IS WHAT ABADI SAID ABOUT THE VISIT BEFORE HE LEFT
Millionday: Prime Minister Haider al-Abadi said his visit to China comes to support the economy and diversify its sources of arms.
He said al-Abadi in a statement his office prior to his departure to China received "official Iraqi News Agency," a copy of it, on Monday, said he was "looking forward to this visit will be successful and be a great outcome for the benefit of the two countries and result in the signing of several agreements in various fields."
Millionday: NOTE -- ANYTIME A VISIT INCLUDES MANY SIGNED AGREEMENTS WITH CHINA -- I SAY IT HAS TO BE GOOD SMILE
Millionday: "The visit comes within the Iraqi government went to support the economy and diversify its sources of arms."
He is scheduled to meet Prime Minister during the visit, President of the People's Republic of China and Chairman of the Council of State and Chairman of the National People's Congress, to discuss the development of relations between the two countries and cooperation in the economic, military and security field.
Millionday: NOTE -- COOPERATION BETWEEN THE TWO -- LOVE IT WHEN IT SUPPORTS THE ECONOMY
Millionday: The Abadi has visited the headquarters of the joint operations before departing to China for military operations.
Imperator: I am probably less enthusiastic about a military relationship with China in Iraq than I am just an oil one
Millionday: >>>>> Prime Minister Haider al-Abadi said his visit to China comes to support the economy and diversify its sources of arms
Millionday: ALL ABOUT MONEY
Imperator: and arms
Millionday: SOURCES SO THAT WOULD INCLUDE TRADE OF ARMS
Imperator: but they need them and China is inexpensive
Millionday: ALSO IRAQ HAS TAKEN ON THE MARKET OF SUPPLY OF MILITARY ITEMS -- THEY ANNOUNCED THAT ABOUT A COUPLE MONTHS AGO
diagyAAAE: Curiously enough China Joins IMF shares next year sometime
Millionday: THEY WILL BEGIN MANUFACTURING
Millionday: EXACTLY -- THEY NEED INEXPENSIVE FOR THE THEIR FISCAl year budget by what we have read they are as expected tight and therefore MAKING DEALS ALL OVER
-- THE FACT THEY WILL BEGIN MANUFACTURING IS GREAT TOO AS WE HAVE SEEN IT OURSELVES HELP WHEN WE WERE AT WAR ECONOMICALLY IN THE PAST
Millionday: DURING THE DEPRESSION ETC
Millionday: CHINA IS A HUGE ECONOMIC HUB AND THE ECONOMIC AGREEMENTS ALONE ARE ENOUGH TO BE EXCITED ABOUT BUT INITIALLY THE IMPACT WILL BE TO TRADE AND REVENUES --
Millionday: DIAGY -- GOOD POINT
Millionday: EXACTLY IMPERATOR -- INEXPENSIVE IS GOOD --
Millionday: JUST THE MANY AGREEMENTS THEY HAVE MADE WOULD DRIVE ME NUTS -- I WOULDNT WANT TO WORK THERE FOR ANYTHING RIGHT NOW AS THEY TRY TO INITIATE EVERYTHING LOL
hub: all of the contracts, agreements, deals and what ever gonna be done at 1166, i dont think so. do you think all the participants feel the same as we do on the value????
Millionday: I WOULD THINK THAT THE PROMOTION OF THE ECONOMY AND THEIR READINESS TO MOVE THE ISX TO THE GLOBAL MARKET WOULD MEAN THAT THEY ARE EXPECTING SOMETHING BETTER THAN THAT -- I KNOW AS AN INVESTOR I AM EXPECTING SOMETHING BETTER LOL
poppy3: ???????? STATEMENT ????????
poppy3: the zimbzwe dollar rved today THEN THE DONG AND DINAR ARE SUPPOSED TO BE IN THE SAME BASKET. HERE IS A LINK ON THE ZIM ?? POPPY3
Millionday: WHOOPOW POPPY
Millionday: I KNOW SOMEONE THAT HAS SO MUCH ZIMBABWE CURRENCY THEY WILL FAINT
poppy3: THIS JUST SENT TO ME 3 TIMES. NOT VERIFIED TO MY SATISFACTION BUT A BIG STORY LINK FROM THEIR PRESIDENT
cowboydownsouth: With all this trade news it seems they cant wait much longer to pull the trigger whats the hold up?
Millionday: I DONT SEE A HOLD UP -- A GOOD FRIEND OF MINE STATED ONE TIME ON A CALL WE HAD YEARS AGO --- WHAT IF IT IS ALL ON TIME AND WE JUST DONT KNOW THE DATE
cowboydownsouth: Todays a good day if you ask me
Millionday: I AGREE -- WHEN THEY ARE PREPARING FOR THE FISCAL YEAR TALKING ABOUT THE ISX GOING TO THE GLOBE IN LONDON --- I HAVE A SMILE ON MY FACE
Millionday: RUDIE THAT IS ALL THE NEWS I HAVE THAT WE HAVE NOT ALREADY TALKED ABOUT YESTERDAY
Millionday: WE WILL HAVE MORE WHEN ABADI GETS BACK
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