Millionday News 7/1/14 Part 2
Welcome To Tuesday Night News With Millionday!
[millionday] here we go -- want to make sure you see this
[millionday] Iraqi Central Bank announced Monday, for determining work assignments in Economy Bank for Investment and Finance reality under the tutelage of the bank in order to maximize the Bank's financial resources to the limit and work to reduce losses to a minimum.
The Director General of the Directorate of banking and credit control Abdul Abbas Khalaf Sultan in a statement received "tomorrow's Press," said that "the central bank decided to give some financial authority for the management of the bank in order to
[millionday] compensate for losses included entry Economy Bank for Investment and Finance to the window of the sale and purchase of foreign currency ceiling cash specified amount of five millions of dollars a week.
He added that "the Bank allowed the bank also issued letters of guarantee type entry tender exclusively starting tomorrow, Tuesday," pointing out that "these measures come based on the powers of the Central Bank of Iraq in accordance with the Banking Act No. 94 of 2004."
[millionday] so as we see -- the amount of five million dollars a week for exchange is really not a lot --- but this is an assignment to the bank to help keep control and audit with other banks so they can delegate work and training as well
[faith1] are they setting that amount of exchange for them or us ,, or both?
millionday] this is regulations for the banking that they are applying for the move for the modern banking they are moving to or banking reform
[faith1] their banks then,,,, ok Thanks !
[millionday] this is what they are able to buy per week or may be even hold as they progress with investors ect -- these regulations are being set without really knowing exactly what they are going to be dealing with as investors enter and begin work
[coolspot] Do you think by the time they seat the Government these reforms will be outdated and need rewriting?
millionday] no -- this is the CBI statements that are being set by CBI as they do their job -- now they may change in the future due to needs they dont expect as they grow
millionday] here we go -- i am going to add this link here so that when you have time you can learn about the transition if you want to do so -- it is where i learned a lot about the changes we are seeing when i was doing my studies and it is a great report but very very long -- it will help you if you are a book dork like me and teach you the steps we are witnessing
millionday] but dont go anywhere now just save it for sometime when you have trouble sleeping and need to get to sleep right away -- lol
[millionday] global transition phases and how they are applied through private and public input and ajoining >>> http://www.unesco.org/ed ··· gve.html
[millionday] here we go -- as we have told you --- there have been some strange things going on in Iraq in the past few weeks -- Iraq has lifted a 17-day social media ban imposed to disrupt the communications of armed militants who have seized much of its west and north, although about 20 news websites remain blocked, industry sources said on Tuesday.
One source said that Iraq had come under pressure from foreign non-governmental organizations (NGOs) to end the ban but the state telecoms company did not explain why it had done so.
The Islamic State in Iraq and the Levant (ISIL), which on Sunday declared its leader Abu Bakr al-Baghdadi caliph of the Muslim world, is the driving force behind the rebellion by Sunni Muslim groups and has used social media to publicise its agenda.
[millionday] note -- these companies are public -- so this would have hurt stake holders and their values if they had remained closed - The revolt, which began with the June 10 capture of Mosul, prompted state-run Iraq Telecommunications and Post Company (ITPC) to block some social media platforms on June 13, Reuters reported last month.
These included Facebook, Twitter, Skype and YouTube. The ban was lifted on Monday, according to Martin Frank, chief executive of Sulaymaniyah-based Internet provider IQ Networks, and three industry sources who spoke on condition of anonymity due to the sensitivity of the matter.
[millionday] ITPC, which owns almost all fixed line networks outside Kurdistan, and the Ministry of Communications did not respond to requests for comment.
About 20 news websites, including those of Qatar’s Al Jazeera and Saudi-owned television station Al Arabiya are still blocked, two sources said. Iraq's Shi'ite Muslim Prime Minister, Nuri al-Maliki, has accused Qatar and Saudi Arabia of funding Sunni insurgents in Iraq, a charge the two Gulf states have denied.
[millionday] In a separate move, the government has lifted restrictions on virtual private networks (VPN) that were also imposed in mid-June, the sources said. VPNs enable users to appear as if they are accessing the Internet from elsewhere, thereby dodging online restrictions.
In a third apparently related move, the government has again permitted mobile data use outside conflict areas, two sources said. Mobile data includes instant messaging applications such as Whatsapp.
[millionday] so some of the "reports" that have come out through these sources were not viable
[millionday] or as we call it "smoke"
[quicktolegit96] this may be a lil off subject, but what did you think of cl video on this reset?
millionday] i have not seen it please pm it to me
[millionday] here we go -- Farah pumice emphasizes local traders ability to assign the local market's requirements core after the increased need to provide food and supplies military equipment to more than three million volunteers prepare most of them to join the armed forces personnel In its fight against terrorism.
supplement market president of the Federation of Chambers of Commerce Jaafar al-Hamdani said in an interview for the "morning" provides all the capabilities of logistics and financial traders, grouped under the umbrella of the local chambers of commerce, located in all provinces to supplement the Iraqi market with the necessary basic goods.
[millionday] note -- the markets are announcing capability to keep up with the needs in the country and there is more they are saying too -- smile
[millionday] it gets better -- smile
[millionday] He pointed out that the objective of the Union today focus toward maintaining a balance in supply and demand within the market and not allowing for any shortage in the domestic market, pointing out that most traders that not all of them made fun of their efforts to assign the armed forces of the market, which is the bond important to achieve victory.
smooth high Hamdani also said that the mechanisms of nutrient supply and basic to the local market is witnessing a streamlined high after the adoption of the new measures, which facilitated the smooth passage of goods and commodities, and the role of the committees overseeing positive in overcoming problems that might confuse the reality of the work of border crossings.
[millionday] note -- they are not having issues with crossing borders -- logistics in place and we will see more on this in just a couple minutes too
[millionday] pointed Hamadani that we have seen cooperation great by all parties overseeing the supply of food at border crossing points, where there is a coordination of high between all devices in order to supply the goods to the local markets and the quantities required.
no shortage of material and said Hamdani lack of fear for lack of food or basic inside Our markets in all provinces, attributing this to the potential of the Iraqi traders in the supply of required quantities through a network of relationships with chambers of commerce and international companies specialized in the supply of goods and commodities.
to that between a member of the Chamber of Commerce of Baghdad, Ali al-Obeidi said the local market supplying goods to the wholesale markets and continuously and in quantities required,
[millionday] note -- they are working with the chamber of commerce and also are working under supply and demand -- market economy -- no way around it -- that is what it is
[millionday] pointing out that demand has risen to some of the material during this period for many reasons in the forefront of receiving holy month of Ramadan, as well as the need for larger quantities of food to feed the volunteers to join the ranks of the armed forces,
noting that this demand facing materials available in local markets and in sufficient quantities . ,
and pointed out that the support of the military forces are sometimes directly by traders by sending food to the battlefield directly to the provision of food needed for a fighter and this is a good step calculated to Iraqi trader.
consumption levels expected to drop the demand for food after the month of Ramadan holy as it gets in every year, where the rising graph of the level of consumption of the Iraqi family which then comes back to the percentages of natural
[millionday] note -- in business this adds a figure that allows for the business person to reflect on the actual needs or demands and do calculations in the future for ordering and due success -- this is a huge step in business
[millionday] and also good to feed the troops -- smile
millionday] note -- i know this may seem boring but really think about what they are saying here for the upcoming movement of goods and it applies to other news i will be showing you
[millionday] pointing to the importance of attention to the levels of consumption and adoption patterns to suit the actual need, not to rise to the levels of waste and extravagant unjustified.
traders, local For his part, stressed Economic expert Mahmoud Alloush said Iraqi traders have experience and competence in the provision of all the requirements of the Iraqi market and the requirements of the armed forces of various goods and supplies, and insurance Ansiabatha well and priced very natural.
said Alloush "morning": "In the light of the statement of reference which had a big role to put things in perspective and urged every citizen to a sense of responsibility towards the country,
[millionday] note obviously this is preparation for a market economy as i was just saying
[millionday] note -- the rest of this shows the preparation for global market needs and business
[millionday] initiated by a group of traders who specialize in all areas to work on the provision of local market requirements of various goods and supplied from the origins of multiple and border ports multiple ".
ports south and pointed out that the supply of goods has become for Using ports southern border in Iraq, along with open implementers with its neighbor Iran, in addition to the facilities provided by the government, regardless of import licenses and customs duty specified under the Tariff Act (5 percent),
[millionday] note -- remember that they have minimized the red tape as well to get their products out and some in recently as we read
[millionday] note -- this is showing the readiness
[millionday] which led to the availability of a lot of goods in the market and fill the need for affordable appropriate and specific. distribution dates as between Alloush support the Ministry of Agriculture in the light of the initiative of agricultural marketing dates of the armed forces, by providing dates last season for the military, as it has been packaged by (3 kilograms) of explosive each and distribute them, and Dates are meal integrated and meet certain requirements security forces.
[millionday] so many of us remember the loss of many dates when they had no way to get them out or store them or even any logistics
[coolspot] An unstable Iraq is a concern to the International Community! How many years set back do you believe the present infighting has caused?
If Maliki is a true Statesman, would he not willingly step aside for the good of the people and Nation? This has to be a major concern to International Organizations and Funding Agencies and can delay funding for restructuring.
[millionday] i hope this makes sense to all of you -- customs -- tariff -- and also port entry and training on needs for the market
[RRathbun] Very clear
[crank7] Any Parl News we haven't seen?
[millionday] they have investors that are investing and the delay of funding or grants i dont believe comes into play at this point -- contracts -- and there are many -- the leader of Iraq and what they have come up with will be released and we will get to the political side of things in just a sec hun
[millionday] yes there is all of it we have not seen this was the economic news
millionday] here we go -- Kurdish bloc will participate session of Parliament Irbil Shirzad Shaikhani arrived in Baghdad yesterday, another of Representatives Kurds from the winners of seats in the House of Representatives session of the new post the opening session of the Council scheduled for today "Tuesday,"
amid reports that there was no pressure from the Supreme religious authority in Najaf al-Ashraf on the political blocs to rush to form new Federal Government to rescue the country from its current crisis and restore security and stability after the emergence of groups Daash and its occupation of many areas of Iraq.
[millionday] According Lists winning a seat in the new parliament Kawa Mohammed for the MDC Kurdish, who confirmed the "morning" that today's session will be dedicated solely to swearing Members of Parliament, has been witnessing the meeting as was the Parliament of the Kurdistan region elected President of the Age of the runs of the parliamentary session,
and I expect that the session is over to declare remain open to begin after the representatives of the political blocs to negotiate about the shape and features of the next government.
" Asked whether there was actually pressure from the reference religious formation of the three presidencies in the opening session, scheduled for today,
millionday] "said Mohammed:" It is very difficult, or impossible to talk about consensus in this urgency to choose a prime minister is the highest executive authority in the country and the presidency,
a post symbolizes the sovereignty of Iraq and the presidency of the parliament which is the highest position a legislative in the country, these positions have been many years ago replaced the difference and even a cause of conflict,
I do not think that the parliamentary blocs will reach agreements or even consensus on filling these positions quickly enough, it think that the session will remain open in front of the parliamentary blocs to start consultations on a deal or a political agreement for the distribution of positions. "
[millionday] note -- so as we know it is very hard for them but they are working on it for the positions
[millionday] Asked if received Kurdish blocs anything on the Kurdish position in the session or in the event of the emergence of specific proposals on the distribution of positions, said Muhammad:
"We have not received so far nothing official from the leadership of the Kurdistan region, there is a delegation or working group was formed from by the presidency of the region and lead the Kurdish delegation multilateral negotiations which will be launched at a later stage for understanding and distribution of quotas between the components and the Iraqi factions, and this team is determined by the Kurdish position on this issue, and
[millionday] we Representatives of course we will abide by the decisions of the team that as expensive by the leadership of the region, but So far we do not know the nature of the proposals to be put forward during today's session,
if there were any proposals or demands on the distribution of positions and naming the three presidencies must be that we are studying the Kurdish groups and consult with them in order to decide our leadership position after them. "