Millionday News 6/25/13
millionday] oh boy you all are going to love this report smile
[millionday] Moving the eyes of Iraqis eagerly to the round table to the UN Security Council in order to spend the exit of Iraq permanently from the provisions of Chapter VII of the long Iraq and destroyed its infrastructure as a result of policies mindless of the former regime, which carry people patient who will receive thanks to the sophisticated policy negotiators government full entitlements sovereign rebuilds itself.
Has accounted near the time of the withdrawal of Iraq from Chapter VII of the UN Charter interest economists and specialists who have called to go to the reconstruction of infrastructure and the exploitation of economic resources of the country optimize, stressing the importance of paying attention to address many of the imbalances plaguing the national economy, the fact that Iraq had ended its obligations International will therefore lead to the development of the economy after the weary policy adopted by the former regime
[millionday] imbalances plaguing the economy is our problem too this is saying after release they will fix that imbalance smile
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[millionday] note -- this is the economic update of expectations of the release
[millionday] For its part, emphasized the economic Dr peace Sumaisem that Iraq would emerge from Chapter VII gives the message to the world that the guardianship lifted him and thus became possible for him to assume the economic standings higher than it is now.
She Sumaisem told (morning): It will be government can conclude a lot of agreements and contracts with large global companies large and engage in history to invest in international markets and global stock markets, after the existence of Iraq under Chapter VII represents an obstacle in its path.
[millionday] whooop whoooop
[creativethinkersclub] end-zone whooooooooop whooooooooooooooooooop
[millionday] good night Susie brb with more of it wow
[millionday] She Sumaisem that public funds Iraqi also from this restriction after it was subject to the mediator managed on behalf of Iraq because it takes a percentage of all he intercede for the supply of or implementation of decades of great economic, Iraq was a shrug signed because of that chapter of the UN Charter, pointing out that now would be possible to shorten these episodes directly what is considered a great asset.
And called for the need to preserve Iraqi funds from the hash and waste because the country needs them to carry out the development to make up for his death since the imposition of this restriction, and so far, and to serve the interests of the people so that they can achieve yields high economic achieves a higher percentage of the level of per capita income.
[rollonjohn] millionday Great news!!!!!!!!!!!!!
[albosdo] I likey: supply of or implementation of decades of great economic
[millionday] oh this is great the restriction is bring the return of the economy and their funds
[millionday] trademan are you here?
[millionday] They pointed out that the stock will enter the preparation of non-Iraqi investors because of the release of Iraqi funds and in support of the private sector and joint stock companies because the country would be an excellent environment to attract investments diversified giant companies and a huge rise by infrastructure, asserting that the dinar will rise also to the presence of a large number of foreigners are investing in Currency Reserve Force who covered and who will reach $ 80 billion in the next July, also announced the central bank governor and Abdul Basit Turki agency in a press statement.
[cookie2] dinar will rise : )
[albosdo] Be still my heart!
[millionday] on the market
[millionday] He said the financial expert sword Hilfi (morning) that the decision opens up wider to work in all economic sectors, especially in front of specialized international companies, which is Chapter VII a significant impediment to its presence in the workplace Iraqi and work in the field of implementation of the projects,
as companies have major international will have a smooth High in the freedom of presence in the yard of the local economy at a time when you find that most of those companies awaiting provided opportunities to develop into one of the largest squares in the world,
indicating that this matter helps the local private sector in building strong relationships with international economic blocs. Where the need to rehabilitate all economic sectors Bmphasalha the production and service and this is something that needs to efforts of the world's leading companies.
wmawhite] release of Iraqi funds..............asserting that the dinar will rise also to the presence of a large number of foreigners are investing in Currency Reserve Force ......Millionday???? Your take???
[millionday] the exchange that is the investment of the foreign currency
[wmawhite] millionday ........wow
sunnyca] so a tradable currency - correct?
[millionday] yes when the exchange is done -- the foreign currency is part of the reserve
[millionday] now remember we had seen a contract about saying that the us will hold it for 6 months and get oil at a discounted price for those of you long timers about 4 years ago
[sunnyca] millionday do you mean the return of DFI funds?
[millionday] the return of the dfi funds is what the first part is about -- return of their control of their currency will allow them to enter the market and return to economic greatness
[millionday] the greatest is their goal
[LBnFL] millionday I'm confused. Not been in this for 4 years.
[millionday] brb with more of it
[millionday] 4 years ago a contract was supposedly signed that may still be in effect -- but it was stating that the US of A would hold the dinar cashed in for six months so it would help
[millionday] it also said that they would sell oil to us for 32 dollars a barrel if i have the number right
[jimplants] YOU DO
[millionday] i have seen nothing more about it in a while so we will have to see if it is still in effect
[millionday] i believe china also signed the same agreement if i remember right
[millionday] jimplants thanks was china in there too hun smile
[jimplants] YW YES
[wmawhite] millionday ....either way,............Saleh stated that the IQD would be held as a world currency reserve by many countries.
millionday] huge an great contract behind the scenes for success right
[millionday] very profitable due to the amount of need there and the contracts -- in other words the place is expected to boom and move the entire globe to a better position
[wmawhite] millionday ....those IQDs will never be sent back to Iraq to be redeemed.
[LBnFL] millionday Thanks for clarification. Hadn't heard of any of that before. (Short-timer) lol
[millionday] LBnFL smile
[millionday] He said the thrust out of Chapter VII, based in the financial sector who handcuffed closed for a long period of time and cut off from world events and developments and modernity witnessed by the banking sector and the International Monetary, and liberation from the constraints of Chapter VII gives greater freedom in the process of opening credits documents that help to activate smooth movement of money.
[millionday] wmawhite i agree -- it will be huge in trade due to the opportunity or they need someone with a business mind in our gov -- oh thats right -- we do -- smile
[wmawhite] millionday .....lol
[janiem] Millionday - is there any chance at all that they could be released from Chapter VII and not RV or RI?
[millionday] now hold on to your chair for this part i think it will answer your question hun
[millionday] He noted that the relations of the financial sector of Iraq with the world will take a turn different from what it was and there will be interaction with Iraq, which has economical and promising aware Tigers global economy seven,
and that in all cases, change the map handle our banks public and private with the outside world and will be an important element in the yard of trading global monetary after he was handcuffed international resolutions and that states will consider to Iraq
he fully fulfilled its international obligations thereby increasing confidence in the Iraqi economy and the expansion of trade with Iraq and will get an improvement in the economic development and the economic situation in general.
He pointed out that Iraq would be the kiss of international companies and capital that are looking for guaranteed investments in the economies have all the ingredients for success.
[millionday] the kiss of capital i could kiss it smile
[millionday] this is saying that the globe will see the return of the dinar and its value among all other things
[schmidtberger] I feel a happy dance coming on.......
[letsroll] guaranteed investments .. that should bring em in .....
[wmawhite] millionday ..........guaranteed investments in the economies have all the ingredients for success.!!!!!
[Wisdom] This news is amazing!!
[millionday] The head of the International Economic Developmental Center on Hilfi: that Iraq would emerge from Chapter VII is an important step for the completion of Iraq's sovereignty and control over its resources and open new horizons in its relations with the outside world.
He said that the positive atmosphere in the Iraqi-Kuwaiti relations are signs of hope for the exit of Iraq by the end of this month from Chapter VII, which is a big step and sensitive in the political process as contribute to the completion of Iraq's sovereignty and control on all economic resources.
[millionday] He pointed out that Iraq is currently an economic powerhouse influential in the global economy, and the Iraqi government is making strides in activating the economic file, especially that there are international organizations showed that Iraq is stepping strides and great direction economic and development right is required.
Increased to the exit country from Chapter VII national entitlement after Ivaúh all its obligations, restrictions imposed by the Chapter VII, which decimated the Iraqi economy and held stages of development and halted for a long time.
As the withdrawal of Iraq from Chapter VII will approach a step to restore international stature had lost because of the policies of the previous regime.
[millionday] it says right here when >>> As the withdrawal of Iraq from Chapter VII will approach a step to restore international stature had lost because of the policies of the previous regime.
[millionday] after the release
[gpleas] well the chicken is getting ready to lay the EGG I thinK
[wmawhite] millionday .................1166 is NOT International Stature!!!!
millionday] that is what the entire report is saying -- after they are released
[millionday] brb with more of the report
[wmawhite] mdglow millionday ......Very True!!!
[millionday] whooop whoooop -- this is making me feel a happy dance coming on too
[LBnFL] millionday But September is after release too...
[millionday] no hun -- they cant move forward into the global market in September they have to make money or they will crash
[cookie2] I just don't see how they could possibly wait for September to change their currency.
[cookie2] millionday Right, they would be eaten alive.
millionday] Therefore, the freedom is important and that came late he will give freedom to the movement of his money, especially after the lifting of and control of the banks imposed on him,
especially in the movement of money into its banks without reference to the banks limited imposed by circumstance and can be referred to the possibility of its banks from issuing letters of credit,
letters of guarantee, guarantees cash guarantor, cash transfers were all a big obstacle in the processes of trade was costing expenses great addition to the increase documentary cycle to hold and were the three sectors in Iraq this year,
mixed and private suffer from it and suffice to mention that it was confined to the Trade Bank of Iraq, "VTB" any means of salvation money from the sanctions and the Iraqi Trade stroll.
[wmawhite] LBnFL .............the longer they wait the more they bleed out at 1166.
[millionday] And sufficient to note that Chapter VII imposed on Germany after losing the war, but when monitoring its economy and its development as well as financial activity and monetary policy see it from the top did not raise her Chapter VII until 2005 and can be verified,
then must find Grandpa to take advantage of this step of three sectors and in all its activities There is no longer an excuse after, and the executive branch to put constants of the Iraqi economy and direction of clear guidance When monitoring it for this moment can not know whether our economy commercially or industrially or agriculturally, and
[Papatom] wmawhite if people have been reading and listening to MD, they know that 1166 is a thing of the past as of THURS
[millionday] on the authorities to reconsider the laws and regulations of the more than 22,500 law which is dedicated central system which has increased instead of decreased after 2003, and clearly stage central and even reached the situation to the monopoly and bureaucracy high overall performance is sufficient to note that some of the ministries has become a working commission instead of production,
as is the case with the Ministry of Industry, as well as the Ministry of Commerce when you return to the style followed in the General Automotive Company allowed teams to some of the public sector to import, but everyone goes through the Ministry of Commerce
[Papatom] millionday is that really saying GERMANY was in 7 until 2005?
[millionday] yes -- and they moved forward with their economic growth and their currency -- it is saying iraq has no more excuses -- time to move to rate that is going carry the currency
[Papatom] millionday i couldn't believe what I was reading..... lol
[millionday] final note
[millionday] In conclusion, we have to say that the first gains are a step in the right way to return Iraq's sovereignty complete and uncompromised step would remove that, God willing, the obstacles and fenders in the way of the development of Iraq's economy and facilitate its mission towards creating development rational and balanced sound in Iraq for the benefit of human resources, which has suffered a lot from entrenched under the siege and the war that preceded it.
[millionday] so that was report number one and i can tell you this i have a lot and i will say this as well they are referring to their freedom directly after the release
[letsroll] where Is the meeting on the 27th taking place ... anyone
[millionday] now does this mean that the minute after -- i doubt that but we are looking at their plan of directly after so -- we shall see how many days or hours or what together
[millionday] i will have to look it up -- just assumed new York so brb with more
PART 2 CONTINUED