Millionday News 1/13/15 Part 2
Welcome to dinarupdates.com for news time with Millionday!
Millionday: READ EVERY WORD OF THIS -- THIS IS THE BENEFIT THEY SEE OF THE GREAT TRAINING AND ALSO THE ISLAMIC BANKING –
NOW REMEMBER THIS IS ABOUT WHAT CBI AND ALSO ISLAMIC BANKING IS SEEING AS WHERE THEY ARE AND WHAT THEY HAVE GOING FOR THEM RIGHT NOW
Millionday: He said that the country is characterized by the availability of a market for all products, and this is one of the most important elements of the success of projects in Iraq,
as well as wealth availability human that can be converted into a skilled worker in various disciplines, after working on the establishment of training centers and rehabilitation works under the supervision of international and local experts to be able to train workers and adaptation of advanced technology and resettled in the country.
Shammari said: There is a great potential for Islamic banks to cooperate and contribute to the investment funds from of the principle of social responsibility to contribute to soften the blow of the local economy crises that the world is witnessing between now and then. (THE CRISIS THAT THE WORLD IS WITNESSING RIGHT NOW)
Millionday: The President of the Republic, Fuad Masum, the head of the House of Representatives, Saleem al-Jubouri, the importance of synergies between the three authorities in order to cope with the financial crisis facing the country as a result of the decline in oil prices in the international market
and speed up the adoption of the budget as to achieve the homeland and the citizen's interest, while stressed the need to expedite the completion of the national reconciliation project.
Millionday: NOTE -- SPEED UP THE BUDGET
Millionday: Infallible and discussed with al-Jubouri, the most prominent developments in the Iraqi scene and developments in the political, security and economic situation and the steps the legislature to approve the draft of this year's budget law.
According to the President of the House of Representatives media office said in a statement, received (news) copy of it, today, that infallible and al-Jubouri,
stressed the importance of synergies between the three authorities in order to cope with the financial crisis facing the country as a result of the decline in oil prices in the international market and speed up the adoption of the budget on manner that achieves the interests of the country and citizens.
Millionday: NOTE -- VERY IMPORTANT THAT ALL THREE (UNIFIED GOV) GET IT DONE AND IN LAW
Millionday: The statement said that the discussions dealt with the national reconciliation and the efforts of the President, the Speaker of the House in this regard and the need to speed up the completion,
and the unification of efforts to face all the challenges that obstruct the march of the political process.
And visions of the two sides agreed on the need for cooperation between the presidents and the House of Representatives to ease the passage of legislation and laws, especially those relating to the constitution and the best interests of the country.
Millionday: NOTE -- PRESIDENT STATING THAT ALL LAWS NEED PASSED THAT ARE CONSTITUTIONAL AS WELL -- IN A HURRY
Millionday: NOTE -- OBVIOUSLY THIS ONCE -- THE REFLECTION "NEXT" TO DO WITH THE DAY MEANT NEXT THIS TIME ---
SO MANY QUESTIONED IT AND OF COURSE DUE TO THE YEARS OF MEANING THE SAME WEEK -- >>>MP for the Liberal bloc Abdul Hadi goodness of God, on Tuesday, that the Parliament is ready to approve the budget bill in the next session, while pointing to the existence of a political consensus to pass next week.
The goodness of God that "the House of Representatives completed the second reading of the budget bill in the session on Monday," asserting that "Parliament is ready to approve the budget in the next session."
Millionday: The goodness of God, that "the parliamentary Finance Committee is currently working on the preparation of the general budget of the formula finally processed to pass in the next session," stressing "the existence of a political consensus between the blocks for the adoption of the budget in the next week."
The President of the Republic Fuad Masum and Parliament Speaker Salim al-Jubouri, earlier Tuesday (January 13, 2015), the need for coordination regarding the legislation of laws, while stressing the importance of expediting the passage and ratification by the general budget to address the economic problems.
Millionday: VOTE FOR THE BUDGET TUESDAY -- MEANING THE TUESDAY ON THE CALENDER THAT IS NEXT WEEK -- SMILE
Millionday: Announced that the Council of Ministers , on Tuesday, he agreed to contract with "LB" international group of insurance services and consulting expertise of a strategy to support Iraq in the fight against corruption.
Information Office of the Council of Ministers said in a statement, "Alsumaria News" received a copy of it, "The Council of Ministers approved, today, during its second regular for 2015 under the chairmanship of Prime Minister Haider al-Abadi ,
the classification task bills referred to the House of Representatives a manner that is consistent with the program government projects of an economic nature and the nature of the security and the nature of the service, and scientific and environmental nature. "
Millionday: NOTE -- REMEMBER THE ISLAMIC SUPREME COUNCIL AND THEIR AGREEMENT WITH IRAQ WITH BANKING AS WELL
Millionday: And that he "has to approve the contract with the group (LB International) to secure the services and expertise of consulting strategy to support the Iraqi government in the fight against corruption and improve its position on the corruption of the TI record,"
pointing out that "The Council approved a draft accession of the Republic of Iraq to encourage agreement and protect and ensure investment between the members of the Organization of the Islamic Conference, which entered into force on 25.02.1988 and forwarded to the House of Representatives states. "
Millionday: LB INTERNATIONAL IS NOT NEEDED FOR A COUNTRY THAT ONLY DOES BUSINESS WITH THEMSELVES ETC
Millionday: NOTE -- THIS DECISION IS ALREADY MADE SO READ ALL OF THIS AND SEE HOW MUCH MORE WAS DONE AND THINK ABOUT THE KUWAIT AGREEMENT AND ALSO OF COURSE THE HELPING HAD AND RECPVERY OF THEIR RELATIONS
Millionday: "The Council also agreed on the establishment of the National Investment Commission grant the investment license for the company Nasiriyah General Trading and Contracting Company WLL (Kuwaiti nationality) for the purpose of implementation of Diwaniya,
the new airport project (Nada) by investing in three stages on ad hoc (space 7000) acres in the province of Diwaniyah, "
noting that he" agreed to authorize the Minister of Industry and Minerals validity initialed with Shell for the purpose of implementing the beacon / petrochemical complex joint venture to be signed within a week from the date of issuance of this decision. "
Millionday: SO AS WE SEE HERE -- SHELL BACK IN THE GAME AND ALSO HAVE TO RESPECT KUWAIT FOR ALL OF THE CONTRACTS AFTER SUCH A HARD TIME IN THE PAST AND THE PAST ITSELF
Millionday: The Commission on Public Integrity in Iraq confirmed, in (December 8, 2014), it is the "first" in the Arab region obligations to the international conventions, as deemed by Transparency International "civil society organization",
pointed out that there is coordination with the Ministry of Higher Education to grant certificates to the trainees on the fight against corruption.
TI defines its index based on the opinions of experts in the corruption issues within organizations such as the World Bank and the African Development Bank and the German Bertelsmann Foundation and others
Millionday: NOTE -- SO AS WE SEE -- HELP WITH HIGHER EDUCATION AND THE HUGE NEED THERE IS BEING HELPED AS WELL ---
Millionday: IRAQ IS REFERED TO BE AN EXAMPLE IN THE REGION -- I AM SURE THEY WILL BE WHEN WHAT HAPPENS THERE IS SEEN IN THAT REGION –
WHEN IRAQIS ARE RECIEVING CHECKS AND GOING TO WORK -- I AM SURE IT WILL BE HARD FOR OTHER COUNTRIES TO GO TO THE STREETS TO KEEP FIGHTING -SCREAMING -- AND KILLING –
ALSO THE NEW EVERYTHING WITH RELATIONS WILL BE HUGE FOR ALL TO SEE –
I COULD GO ON FOR A WHILE ABOUT THE CHANGES THAT WILL BE SEEN IN IRAQ
I WILL END THIS WITH A HUGE ANNOUNCEMENT FROM CBI OF THEIR READINESS THAT THEY HAVE BEEN WORKING SO HARD FOR
Millionday: THIS IS MOST IMPORTANT OF THE NIGHT
Millionday: THIS IS A SUMMARY FROM THE WORLD BANK OF WHAT A SECONDARY MARKET IS AND LOOK AT WHAT IT IS BEFORE I SHOW YOU THE ANNOUNCEMENT THAT SHOULD HAVE YOU THROWING YOUR HAT
Millionday: Bank loans to many developing countries trade at a discount on the secondary market. These discounts are typically assumed to reflect only the repayment prospects of the borrower country.
But the authors demonstrate that factors in the creditor countries have a major impact on secondary market prices. Their empirical investigation suggests a systematic relationship between secondary market prices and the size distribution of banks' portfolios.
There is a strong negative correlation between discounts in the secondary market and U.S. banks' heavy exposure to developing country debt
Millionday: NOW HERE COMES THE ANNOUNCEMENT
Millionday: NOTE -- THIS IS MACRO-ECONOMICS --
Millionday: CBI announces the issuance of remittances worth 5 trillion dinars
In conjunction with the announcement of the Iraqi Central Bank plan to issue Hawwalath of the order of 91 days for this year worth more than 5 trillion dinars, bank adviser said that the sale of remittances represents one means of monetary policy taken by the bank to deal with the levels of liquidity on a temporary basis, as well as it represents free investment risk is making them play an active role in the secondary market.
Millionday: NOTE -- THIS IS WHAT WE WOULD LIKE TO SEE IN INK AND HERE IT IS IN INK
Millionday: According to economic expert Essam Mahouelle that the central bank is very keen on the implementation of monetary policy and investment tools to serve the Iraqi economy in general.
Mahouelle also added in a statement: "The sale transfers from the central monetary policy aimed at the cluster of cash outside the banking sector absorption,
transformation and forwarded to the banking system tools for intervention credits granted by banks to serve the country's economy and contribute actively in the development process.
Millionday: SO CBI WANTS TO ABSORB THE EXCESS CASH AND MOVE FORWARD WITH THE MONETARY POLICY -- THEY WANT TO DO THEIR JOB AND ALSO -----
THE MEETING ON TUESDAY IS FOR THE IN COUNTRY BUDGET WHICH WILL ALSO HELP WITH THE NEED FOR INFRASTRUCTURE REPAIRS ETC –
THEY ARE ALSO GOING TO BEGIN SOFT LOANS TO START PRIVATE SECTOR BUSINESS --- SO GO GET YOUR HAT AND WE WILL WATCH EVERY MINUTES OF WHAT IS HAPPENING – DONT MISS ANY NEWS –
FORUMS LOADED -- BLOG -- AND ROUND TABLE AT EST WED AND FRI -- NEWSTIME 730 EST -- SO KNOW WE HAVE SOME HUGE THINGS COMING UP INCLUDING THE ECONOMIC CONFERENCE IN LONDON FOR IRAQ ---- I SAID FOR IRAQ -