AdminBill: GOOD MORNING. ONE OF THE MOST INTERESTING ASPECTS OF THIS EVENT IS HOW IT IS INTERCONNECTED WITH WORLD CULTURES.
I THOUGHT IT WOULD BE FUN TO REVIEW THE VALUE OF NUMBERS BETWEEN EASTERN AND WESTERN CULTURES BECAUSE MANY BELIEVE THE IMPORTANCE OF PLANNING LIFE CHOICES ACCORDING TO THE IMPORTANCE AND VALUE OF THESE NUMBERS.
THIS IS A GOOD LINK FOR THIS MORNING. LINK
JB15: hope 8-8-16 is our number
Scotchie: If the RV of the dinar is related to Chinese numerology, bring it on.
David120: It will when least expect it lol
Taxmom: US TREASURY BONDS GOING NEGATIVE IS A GOOD SIGN FOR US THAT THINGS ARE FALLING APART. BANKS WILL BE STRESSED MORE.
David120: Taxmom, I have watching the news and intel.all.about the bond markets, it down right crazy
DoodleBug: The central bank adopted an open door policy to communicate with banks and money transfer
The central bank adopted a new policy to communicate with banks
Date Added 08/08/2016
MBA Grad: Greetings Walkingstick,
I couldn't have said it better myself. Al-Abadi should have disbanded Parliament back in April when they were throwing shoes at each other and were performing those ridiculous sit-ins.
The Speaker of Parliament is Saleem al-Jubouri - I hold him responsible for the circus-like atmosphere that has been allowed to exist.
"Big Political Changes" are coming, so I was told, we'll see how that pans out.
Enough is Enough !
Thank you for the article Sir - it proves my point. Hoorah !
Walkingstick: Amid a wave of criticism of the Iraqi parliament loses its usefulness
House loses the confidence of Iraqis in light of its inability to find solutions to the crises in the country and its many problems as well as solutions to accuse his boss and some of its members of corruption.
First Published: 2016-08-08
BAGHDAD - Iraq's parliament is facing sharp criticism and successive crises amid the challenges of the war on jihadists and the economic crisis and rampant corruption that seems unable to deal with them.
And witness the House of Representatives, or parliament, which is assumed that it is a cornerstone in the political life, paralyzed after a series of problems, most recently allegations to his boss and some of its members of corruption, reinforcing the conviction among the vast majority of Iraqis of the futility of this institution, which is supposed by the fate of the country report.
Ali al-Majid al-Saadi, 26, in one commercial street in Baghdad, "All our problems are because of them," referring to members of the House of Representatives. "They are different among themselves reflected on the people."
On his part, Sayf al-Din al-Khazali, 33, who works beauty expert, "I have no confidence (parliament) does not trust any vice." He had been hoping for which is contained to a question about his opinion in parliament, said the deputies "do not represent the people."
The latest crisis witnessed parliament are accusations by Defense Minister Khaled al-Obeidi to House Speaker Salim al-Jubouri, corruption and extortion.
The accusations prompted the defense minister judicial authorities to prevent the travel of al-Jubouri and two deputies. In contrast Jubouri filed a complaint against al-Obeidi, on charges of defamation and slander.
Parliament has not been able at the beginning of this year and over several weeks, to reach an agreement to support the Prime Minister Haider al-Abadi's efforts to form a government minister Tankoaqrat because of opposition from the major parties that control the destiny of the country.
Parliament saw the case of repeated chaos amid demands for reform. It has reached the extent of sit dozens of his deputies, the differences amounted to claim the dismissal of President of the Council, prompting others of its members to chair some of the meetings, rather than al-Jubouri.
As protesters stormed the impact of anger on the members of the Council, the Green Zone, where the parliament is located, and took over the building for several hours.
Zaid Al-Ali said constitutional expert and author of "The struggle for the future of Iraq," The confidence in parliament reached its lowest level for that recent problems may not affect the size of the trust very much.
Parliament is a joke
Ali says that "ordinary Iraqis consider the institution (Parliament) joke."
So Iraqis now seem compelled to live with their country's situation in the light of Parliament do not believe in his abilities and do not hold him any confidence.
And sees Ali Hassoun, an Iraqi journalist, that the House of Representatives "Foundation unnecessary It is better to be repealed."
Walkingstick: Central Bank of Iraq and the need for reform
August 6, 2016
The central bank is no basis in the financial and economic reform a country, and as they say is the home of disease, So seek all countries of the world towards the preservation of this important institution away from the abusers and influential, so note in the various economically stable countries special attention to national Balbannok, led by central banks.
Recently the central bank issued new instructions to Iraqi private banks and money transfer companies, broker for buying and selling the dollar in order to open communication.
According to what is stated in these documents, the central bank adopted an open door policy for communicating with private banks licensed companies, remittance companies and broker in the sale and purchase of foreign currencies, in order to overcome the obstacles and the elimination of bureaucratic phenomena and to prevent exploitation and favoritism, and to help build a banking and financial sector decently.
in common sense toward reform first action will be to fight all forms of corruption, and reduce its spread, and not to leave the corruption and abuses and to issue regulations and decisions that may be "ink on paper", as well as surfacing questions; who will implement these decisions? Are they themselves conniving and corruption have contributed to the operations ?? Intuitive are all questions do not need a lot of business acumen to ask !!
What is important is not the resolutions, regulations and documents, but what will result from this instruction of commitment and control by the authorities concerned and tracking the implementation of the provisions in order to be a real meaning of the text.
The central bank powers to financial institutions and bodies, and banks charge to be more open and more control over these institutions and monitor all their work, and in particular the money is moving out of Iraq, in order not to be a window for operations and suspicious transactions, and service of corruption and the owners of the money.
Also must adjust the auction of foreign currency, control of Iraqi funds that have disappeared over the auction currency in accordance with the fake contracts, but this requires a concerted effort in Iraq and abroad.
Here economists indicates that it is time to track corruption in Iraq and punish the corrupt, and the application of the method adopted in South Korea; imposed fines on corrupt officials is equal to six times the amount taken.
Financial excesses that the Central Bank of Iraq affected many incalculable Once an article, but it is dubious is the silence of government puts the index at the Observer that the parties and political figures and influential individuals involved in these processes, Banks, for example, constitute interfaces to the politicians and the corrupt, and the auction of the currency service for certain characters, as previously We mentioned that the corruption in all aspects of the state and not the central bank.
CBI demands of today's major role towards the country that suffer a major economic crisis, as the largest financial institutions in the country, and the need to regulate financial matters, and here the government should be more serious in dealing with any irregularities in the Bank's work in order to be to serve the country and not the powerful and corrupt , the central bank, at every country in the world is the house of the homeland and the citizen's money, citizen does not need flowery phrases about the reform and opening up, but need practical measures on the ground and in concrete terms.