Millionday News 12/02/14 Part 2
Welcome to dinarupdates.com for news time with Millionday!
maine: so now what is left? do we need the 2015 budget to be done?? as far as the rv goes
Millionday: NO THE 2015 BUDGET DOES NOT HAVE TO BE DONE BUT WE HAVE TO ALSO KNOW THAT WHAT THEY WANT DONE IS NOT ALWAYS WHAT HAS TO BE DONE –
CBI DECLARES THEY ARE READY AND WE ARE WATCHING -- LOOKING FOR CLUES FOR YA HUN
Peppermint: This type of news will continue after Rv don't you think? So now we are just reading good news and waiting for the trigger to be pulled? They will have meetings forever.
Millionday: YES THEY WILL HAVE MEETINGS FOREVER -- THEY HAVE ACCOMPLISHED SO MUCH AND THE CALL THEY HAVE THE LAWS PUT IN PLACE OF COURSE IS THE BEST –
WE HAVE SEEN HUGE LEAPS WITH THE AGREEMENTS MADE WITH KURDS AND IRAQ – AND NOW IT IS ONLY A FEW WEEKS UNTIL THE FIRST OF THE YEAR –
SO A DATE WOULD BE NICE TO HAVE BUT WE HAVE TO SEARCH FOR CLUES AND SEE THE DIRECTION THEY ARE GOING -- KIND OF READING BETWEEN THE LINES
Millionday: I KNOW THAT THEY ARE VERY ENCOURAGING RIGHT NOW WITH ALL WE ARE SEEING -- I AM REALLY ENJOYING ALL I FIND AND CAN SHARE -- SMILE
mfree05: What is the status of the banking law, central bank law, etc. do they require passage by parliament
mfree05: or just implementation
Millionday: I HAVE TO FIND WHERE THEY ARE WITH THE BANKING LAWS ALL TOGETHER
kmiller68: So does anyone have a clue at this point what the CBI needs or wants to see
Millionday: THEY ANNOUNCED THEY WERE ALL DONE SO I WILL SEARCH TO SEE WHAT IS LACKING
soapamine: this may be a dumb question but how do we know when something has been implemented? do they just say "we are calling for this to be implemented"
Millionday: NO WHEN IT IS IMPLEMENTED THEY SAY IT IS DONE -- AND NO ?? IS DUMB AT ALL HUN –
WE KNOW THAT THE THING THAT IS UNUSUAL WITH THIS IS THAT MANY LAWS ARE VOTED THROUGH AND THEY HAVE TO ALL COMPLEMENT EACH OTHER -- SO MANY WILL BE ACTIVATED AT ONE TIME
kathi: Since they have said that we should see the rate on ISX does this mean it has RV'd?
Millionday: WHEN THEY CHANGE THE RATE -- THE NEW RATE WILL SHOW AT ALL THE PLACES THE OLD ONE IS -- ANY CHANGED RATE WILL SHOW ON CBI - FOREX--ISX -- AND BANKS -- EXCHANGE BUSINESSES ETC
kathi: Do you expect to see the rate tomorrow as many have stated?
Millionday: MANY HAVE STATED ?
Millionday: AS IN WHO HAS STATED ?
Millionday: I MEAN IS IT A REPORT OR A PERSON
kathi: I have read many posts and say this several times today saying we should see the rate tomorrow
kathi: On ISX tomorrow
Millionday: OH IM SORRY I HAVE BEEN RUNNING ALL DAY SO I HAVE MISSED THEM ---- I WILL DO SOME GOOD RESEARCH ON IT AFTER NEWS AND BRING WHAT I SEE
Millionday: I HAVE NOT SEEN THEM BUT I WOULD BE VERY HAPPY TO SAY THE LEAST MY FRIEND
Millionday: SMILE OK BRB WITH MORE
Millionday: Left Prime Minister Haider al-Abadi, today, the capital Baghdad on a visit to Belgium and France.
A statement by the Office of al-Abadi, the agency received all of Iraq [where] a copy of it, "Prime Minister Haider al-Abadi left Baghdad at the head of an official delegation to visit include Belgium, France, for talks with officials in both countries to develop relations and expand the horizons of cooperation in all fields."
Millionday: He added that "al-Abadi will attend a conference to combat terrorism in the Belgian capital, Brussels, with the participation of more than sixty countries, and meet with a number of leaders and heads of governments of countries participating in the conference."
Millionday: NOTE -- THIS IS A HUGE CONFERENCE AND INVOLVES AS WE SEE 60 COUNTRIES -- HEADS AND OFFICIALS -- VERY HUGE DEAL
Millionday: SO AS WE SEE ABADI HAS GAINED A LOT OF RESPECT FROM THE GLOBE –
HE IS ADDRESSING THE MANY COUNTRIES AT THE MEETING AND IS BEING SHOWN RESPECT IN THE EFFORTS AND SUCCESS IN IRAQ AGAINST TERRORISM -- HUGE DEAL AND HISTORICAL FROM WHERE THEY BEGAN
GrannieAnnie: When will this conference be held?
Millionday: HE LEFT TODAY BUT I HAVE MORE ON IT TO SEE HOW LONG IT LASTS
Millionday: I WILL BRING MORE ON THE MEETING
maine: is it likely they would rv with abadi out of the country
Millionday: I DONT KNOW --
Millionday: HE MAY HAVE HAD MEETINGS BEFORE HE LEFT THAT WE DONT KNOW ABOUT AND THE LIST GOES ON -- BUT WE DONT KNOW HUN
Millionday: BRB WITH MORE
Millionday: HERE IS A REPORT ON ABADI AND HIS PLANS OF TRAVEL AND MORE ON THIS MEETING IN BRUSSELS
Millionday: Began Prime Minister Haider al-Abadi on Tuesday evening for an official visit to Belgium and France at the head of an official delegation to hold talks with officials in both countries to develop relations and expand the horizons of cooperation in all fields.
alt Ebadi said in a statement that the Office of the Prime Minister left the evening of Baghdad at the head of an official delegation on a visit to Belgium and France to hold talks with officials in both countries to develop relations and expand the horizons of cooperation in all fields.
Millionday: IT DOESNT SEEM TO BE LONG BECAUSE THEY ARE CALLING THIS THE FOREIGN TOUR -- I WILL SEE IF I CAN FIND ANYMORE ON IT
Millionday: BRB WITH MORE
Millionday: THIS IS ABOUT THE RESTRUCTURING OF SOMO AND THE RESULTS FROM THE AGREEMENT WITH THE KURDS AND FED IRAQ
Millionday: Said Kurdish minister, that the agreement between the federal government and the Kurdistan region will be included in the budget of 2015, and it will go into effect if the vote on the budget,
which is subject to revision for the third time in the Council of Ministers, noting that the committees of art will be discussed several issues including the restructuring SOMO to include in board of directors, representatives of the producing provinces.
Millionday: NOTE -- THE AGREEMENT ON OIL DISTRIBUTION WILL BE ACTIVE IN THE 2015 BUDGET ---THEY WILL CONTINUE TO DUSCUSS THE RESTRUCTURING OF SOMO THE MARKETING OF IRAQI OIL ETC
Millionday: The minister pointed out that the debt of the international oil companies operating in the region will settle through the budget bill.
The head of the Kurdistan Regional Government Nechirvan Barzani, confirmed that my province and the center reached an agreement "in the interest of Iraq and the region," said Baghdad's approval to grant trillion and 200 billion dinars for the Peshmerga forces and the allocation of a percentage of the budget of the Ministry of Defense to her,
and as pointed out that the agreement "is not final ", he hoped to reach a radical solution to the problem of the region employees' salaries during the month of January next.
Millionday: NOTE -- SO WHAT THEY ARE TALKING ABOUT THAT WILL WAIT IS THE DEBT AGREEMENTS OF THE COMPANIES OWED FOR OIL PRODUCTION ETC –
THIS IS INCLUDED TO BEGIN WITHIN THE 2015 BUDGET -- NOT MEANING THE ECONOMIC REFORM OR ANY OTHER REFORMS -- THIS IS THE PAYMENT OF DEBT BEING INCLUDED
Millionday: He says the Minister of State Saman Abdullah, in an interview with the "long", that "the contents of the agreement signed between the Governments of the Federal and Kurdistan provides export the region's oil transnational SOMO
and by 250 000 barrels per day compared to that Baghdad is committed to pay the dues of the Peshmerga forces provided that they are part of the Federal system with a ratio of 17% in the next year's budget.
Millionday: He noted that "the federal government under this new agreement will be constitutional and legal obligations to the direction of the Kurdistan region.
And on the structure of Sumo oil company, Kurdish minister that shows "the agreement recommended the establishment of mini-committees of the two parties take it upon themselves to implement the terms of this Agreement as well as the restructuring of SOMO,"
a demand advocated by Basra also for the application of a constitutional clause imposes partnership between Baghdad and the provinces produced in the extraction of oil and marketing.
Millionday: NOTE -- SO AS WE SEE THE SOMO CHANGES WILL BE THE AGREEMENT WE SAW ABOUT THE PROVINCES GETTING FUNDS THAT ARE AFFECTED BY PRODUCTION –
THEY ENDED UP THROUGH REPORTS WE SAW INCLUDING THE FARMERS THAT HAVE LAND DISTURBED AS WELL
Millionday: He predicted that "the export of oil through the start of Kirkuk Kurdistan pipeline to Turkey through two or three months.
And confirms the Kurdish minister that "the budget year 2014 will be in the form of closing statements of the Iraqi state, including the Kurdistan region restrict their income and expenses,"
adding that "the final data will be sent to the House of Representatives for approval in the House of Representatives and through this data will be the region accounts filter on reality Account (amounts staff salaries and expenditures and revenues).
Millionday: NOTE -- AS WE SEE KIRKUK WILL BEGIN IN A FEW MONTHS PREDICTED AND ALSO THE REALITY ACCOUNTS WILL BE CALCULATED WITH THE BUDGET OF 2014 FINAL ACCOUNTS
SO THEY WILL WAIT TO SEE WHAT COMES FROM THAT FOR CALCULATION FOR SALARIES ETC
Millionday: And on the dues of oil companies operating in the Kurdistan region, Saman Abdullah says that "the debt of international oil companies operating in the region will settle through the draft general budget,
which was revised for the third time law adds a clause that includes the subject and the mechanism of payment and repayment."
Abdullah is expected that "the agreement enters into force in the case of the House vote on the Federal General Budget for the year 2015 because the terms of this agreement will ensure that in the budget bill," noting that "the negotiations were focused on passing the draft budget.
Millionday: NOTE -- SO THE DEBT WILL BE PAID ACCORDING TO HOW THESE REVENUES END UP WITH FINAL ACCOUNTS
Millionday: NOTE -- THIS HAS GOTTEN LONG BUT IS VERY TELLING
Millionday: NOTE -- SO THEY ARE HOLDING THE EXPENSES OF OIL EXPORTING ON THIS BUDGET TO MINIMIZE THE DEFICIT
Millionday: For his part, confirms Hama Rashid Ahmed, Rapporteur of the Parliamentary Finance Committee, said that "the agreement required the federal government to pay accrued ancestor of the Peshmerga to be legislation of the National Guard Law.
Millionday: NOTE -- THE REASON IS THEY AGREED TO PAY THE NATIONAL GUARD SO THE DEBT HAD TO WAIT
Millionday: He spoke Kurdish MP from "the existence of an additional proposal to export oil through Iranian pipelines and then to the Persian Gulf and Turkey.
And on oil revenue source, Ahmed Rashid, that "confirms the SOMO oil money will be deposited in the fund dfi and then are converted proportion of the Kurdistan region directly through its banks own
Millionday: SO AS WE SEE SOMO WILL DEPOSIT FUNDS FROM THE OIL AND THEN TRANFER IT IN DINAR EXCHANGED TO THEIR BANKS IN IRAQ -- MAKES SENSE
Millionday: SEEING THAT IT WILL BE CONVERTED IS EXCITING -- SO THE MISUNDERSTANDING BY SOME THAT THE BUDGET OF THIS YEAR IS ALL ON HOLD ETC -- IS JUST THAT –
THEY DONT UNDERSTAND IT APPEARS -- THIS IS SIMPLY AGREEMENTS THAT HAVE BEEN MADE AND THE STICKING TO THE ARRANGEMENTS
Millionday: SO VERY EXCITING FOR IRAQ AND THE PROGRESS WE WANT TO SEE
Midell: somewhat off topic, is Maliki in jail confirmed
Millionday: I HAVE NOT BEEN ABLE TO CONFIRM IT DUE TO HIS STATEMENTS AND THE LACK OF TIMELINE ON THEM
faith1: expenses of oil exporting debt held to be paid with 2015 budget ? national guard is paid out of 2014 budget ? any new news you have on ISX tomorrow?
Millionday: LET ME GET WHAT I SHOWED ON ISX FOR WED -- BRB
Millionday: THIS IS JUST ONE BUT THEY SAY THIS FOR MANY MANY
Millionday: Shares of Iraq Baghdad Passengers Transport resumed trading on Wednesday Dec 3 2014
Shares of Iraq Baghdad Passengers Transport resumed trading on Wednesday Dec 3 2014.
Millionday: THEY ARE TO RESUME TRADING FOR MANY MANY TOMORROW
Millionday: SO OF COURSE MANY OF US ARE EXCITED TO SEE
faith1: will it have to be a international rate to trade ??
DeeSP: When will they meet again?
Millionday: WHO ?
Millionday: THEY HAVE BEEN MEETING EVEN THOUGH THEY SHOULD BE ON VACATION BUT THE INK SAYS THEY ARE NOT BUT THEN WE GET RESULTS FROM MEETINGS SO I DONT HAVE CALLED MEETINGS IN INK -- THEY SEEM TO BE WORKING OFF SCHEDULE
Millionday: THANK YOU ALL FOR COMING - I HOPE TO HAVE SOMEHTING ON ISX TOMORROW AND WILL SEE YOU THEN