Millionday News 6//10/14 Part 2
Welcome To Tuesday Night News Time With Millionday!
[millionday] It is said that the U.S. government has approved in October 2008 bailout worth 700 billion dollars to rid banks of their assets is salable, where the plan is aimed at ensuring better protection for savings and real property,
which dates back to the taxpayers, as aims to protect property and promote economic growth and increase the return on investments to the maximum extent possible.
expert suggested reconsidering this subject by a specialist central bank, and support the Bank of the economy and brought back to the market moderately with modifications and changes in the management of the bank and the head with the elements of efficient to promote it,
especially that it is banks known and with effective activity, as the capital is composed of many shareholders constitute some of the savings to employees or simple people hoping to extra income for them.
[millionday] note -- they are saying that what the US of A did worked and brought the banks back through taxes and gov funding and of course the stock market so it should help them would be the point they are making
millionday] , and the central bank action banks lagging by limiting the assets of property and real estate subsidiaries of the bank on whether equal liabilities and obligations in front of creditors and depositors If they are encouraging will the central support this bank to develop and deposit a certain amount for a walk put the shareholders and depositors of non-stop liquidity and are traceable through the exercise of his or sale Maimlk, thus ensuring the rights of depositors and shareholders.
sees beautiful that if not the work of the bank either be filtered and fate shutdown or a merger with another bank or a partnership with a foreign investor.
[millionday] note -- the point here is that the banks will grow and the market will be a big part of that -- they are not wanting all of their state owned banks to be merged internationally and are just saying that it will get better
millionday] the experts are calling for help and funding
tarrog1] I was just wondering about the terrorists people are talking about on some blogs
[alphaone2] Milllionday what do you think about all the fighting that is goin.
[golfmanone] I saw someone call it earlier today a Liquidity Event. Loved it! Ready for it!
[tarrog1] I don't know whether to believe it or not
[millionday] the meeting about it has been moved up from the 20th to the 15th about the security this month
[millionday] i think it will resolve
[tarrog1] Do you think Maliki is behind it maybe?
[tarrog1] In a last ditched effort to stay in power?
[millionday] who would gain from a state of emergency
[millionday] i have that liquidity brb with it
[lstar877] In your opinion monetary reform is within days? Is that what article is saying?
[millionday] it is what the report read
[millionday] smile WHHOOOOOPOW
[millionday] BRB WITH THE OTHER BANK ONE IT IS GREAT
[TxBrand] millionday --- can you explain this more....-----> what they are talking about is releasing the actual reality rates to the international currencies as in the USD ---
[millionday] yes -- i mean that they are saying that they are going to release in days the actual rates that iraq`s calculation or reality rate comes to according to fair trade –
it is calculated by gdp and resources ect---
they are going to release the rates that they come up with as their true value and the value to the usd and all other currencies according to that report
[TxBrand] ok..i thought i read it wrong
[millionday] it is actually the news we are waiting for and actually what we are doing here if they do it
millionday] they would call that a reinstatement or a revalue of their currency
[Danalivin4HIM] So when they do that (notice I said when ) does that make it tradable that minute?
[millionday] yes it does
[millionday] they sure did put it out there and dont think we arent excited to hear it because we have waited for years for it but we have to wait to see if they move forward
[millionday] NO ONE QUIT YOUR JOB OR SELL ANYTHING OR ANYTHING JUST KNOW THAT IS THE FIRST TIME WE HAVE SEEN THE STATEMENT AND FOR SHO "IN DAYS"
[roseredtyler] So..they are saying they will continue with Shabbi plan to reinstate plus 10%
[millionday] WE WILL WAIT AND SEE BUT GOODNESS IT WAS NICE TO SEE SMILE
[millionday] here we go ok we have one more that will shock ya
[millionday] here we go -- Yasser incumbent revealed Director General of the Department of non-governmental organizations for the Association of private banks in Iraq has won the first place in terms of organization and performance and respond to the requirements and directives of the department came during the General Assembly meeting of the Association,
and reflects this assessment, which announces the debut for serious follow-up the performance of organizations. boosting this evaluation platform that meeting has turned into an accurate assessment of what progress and seek to achieve greater achievements of the beneficiaries,
[millionday] note -- wow wow
[millionday] has had a tentative transparency and disclosure after a prominent performance evaluation and accept objective criticism about some of the obstacles that accompanied the march Association in an attempt to overcome. controversy raised about the role required of the Association concerned with the affairs of one of the important economic sectors Alaohualqtaa banking sector relied upon to lead the economic file,
where the arguments of a member of the administrative board of the Association of Wadih Handal in the field of activating the role of the Association may be accounted for with interest the members of the General Assembly and on the nature of bonding activity next
[millionday] note -- they are saying that they are ready and now they will bond them together in my assessment
millionday] , as characterized by administration session response transparent Per criticism and was able to unify the visions about the proposed solutions,
which include the election of the new management of the Association, where everyone agreed on the need to amend the rules of procedure to allow correct path and hold early elections.
touch, which provides that non-governmental organizations began to take some the application of democracy programs required as one of the most important pillars in addressing the challenges faced by the performance, the Lord is asking
[millionday] note -- they are saying they were waiting for the election of the association to amend the procedures --
[millionday] had to say that shocked me but here is the answer
[millionday] What is the relationship page Economic this set, we say: Yes, there is a close relationship with non-governmental organizations of an economic nature, and solid homework attention to its activities.
that the next stage requires economic organizations active contribute to the economic decision-making as long as we are moving in the way of a free economy "Aqtsadalsoq" and able to influence the source of the decision to support of their representative from businessmen in the Iraqi private sector and to translate the strategy of the private sector drawn by government agencies specializing participation of representatives from different sectors of the recipient.
[millionday] note -- they are saying that they are moving to a free economy and they believe it is where they are to head -- and they wanted the right people in place to make it work and be transparent
[millionday] these meetings and other conferences sponsored by non-governmental organizations with economic affairs should focus their efforts in establishing the initial disclosure, transparency and accept objective criticism in the evaluation process of the work and achievements and diagnose failures and work to overcome them. that the next stage requires strong organizations and effective influence in the sources of the resolution and economic decisions including possible the private sector to perform its role required in the construction of the country and its reconstruction to the fullest
[millionday] note -- the next stage is the movement of money and the investment in the country
[millionday] meeting concluded to the fact that everyone is persuaded of the need to achieve needed reforms in the march of the Association and this consensus,
unlike full awareness among members of the General Authority of the inevitability of consensus on solutions away from the exclusion and marginalization and this certificate In addition the quality of the evaluation given to the Association.
[millionday] so the evaluation of the banks in Iraq is an -----"A+"
[DinarGroupie] I'm sorry I just came in. Is there any concern about the fall of Mosul and how that might affect the timing of this?
[millionday] it is not to effect it according to the news tonight
[tarrog1] I won't be singing that song anymore, I owe, I owe so it's off to work I go!
[millionday] yes you will until it hits
[millionday] NO ONE QUIT THEIR JOB UNTIL IT IS DONE
millionday] let me see if we are missing anything else
[millionday] i really dont know what else we want to know tonight
[millionday] it is possible at anytime according to what they are saying
[millionday] the UN is meeting on the 15th in anbar