[millionday] here we go The financial expert said Mohsen Ali, Iraqi dinar exchange rate stability against the dollar after the new measures by the Central Bank, provided that they are accompanied by regulatory operations of banks and banking companies.
Ali (News Agency): the low exchange rate of the Iraqi dinar during the last period due to poor oversight by the Central Bank to banks and banking companies, in terms of financial transfers, as well as procedures for the sale of hard currency that the Bank missed so much.
[millionday] And: the new plan which intends to implement will support Bank Iraqi dinar exchange rate and return it to the true price, but only if accompanied by similar controls to minimize currency smuggling and waste of funds.
The parliamentary Finance Committee that the Central Bank informed her that he would start next month with the application of the package of measures aimed at the exchange rate of the dollar against the Iraqi dinar to normal while preventing recurrence if Exchange rate volatility smile
Read More Link On Right
[millionday] i could read that all day brb with more
[ROBINREDHED] is this an opinion piece?
[millionday] no not at all – announcement huge announcement i should say
[millionday] now here is the meeting that we have been watching for
[millionday] Senior political leaders meet at the home of the President of the Islamic Supreme Council Ammar al-Hakim Saturday afternoon, in a long-awaited meeting amid sharp differences between the parties. Observers believe that the meeting,
which came at the invitation of Prime Minister Nuri al-Maliki and the initiative of Mr. Hakim, will yield at least, all improve the atmosphere and open new paths to achieve national consensus. According to the leader of the Supreme Council MP Abdul Hussein Abtan for "Center Brief for the Iraqi Media Network," then "The meeting will be held at five o'clock Saturday afternoon."
[millionday] With the escalation of the differences between the political parties on inter pending issues, but Abtan expressed optimism about the possibility of convergence of views.
According to political sources for "Center Brief for the Iraqi Media Network," then had been invited to "Vice President Khodair al and Deputy Prime Minister Saleh al-Mutlaq, leader of the list Iyad Allawi's Iraqi and Parliament Speaker Osama Najafi and the cleric Muqtada al-Sadr and President of the National Alliance, Ibrahim al-Jaafari, leader of the Iraqi Awakening Ahmed Abu Risha, and representatives of the Kurdistan region of Iraq,
note --- the national conference after all this time in addition to the presence of Prime Minister Nuri al-Maliki, his calling, Mr. Ammar al-Hakim, who leads the initiative ease political tension.
" and confirmed all of the Iraqi List headed by Iyad Allawi, and a list of united Osama Najafi their participation. believes the independent MP Hassan Alawi that "the meeting symbolic who called him Mr. Hakim is important and will ease the current crisis, and will send a check to the Iraqi street when sitting politicians among them." explained the top In a statement to "Center Brief for the Iraqi Media Network,"
[millionday] The meeting is not to resolve outstanding problems they can not solve one meeting," noting that "the meeting of Ramzi is pulling for the state of tension and rumor calm psychological," stressing "the need to be present at the meeting from different political and not ".
He stressed the need to "be among the present Prime Minister and President of the House of Representatives and outgoing Finance Minister Rafie al-Issawi, the cleric Muqtada al-Sadr."
[wmawhite] millionday .....are you kidding me???? Allawi showed up???
[millionday] this is tomorrow at 5 pm and so we will have news concerning it then after the fact
[millionday] oh yes huge
[lorijeanmarshall] millionday Is that the National Conference?
[Papatom] millionday sounds like a national conference to me......???
[millionday] also -- the security in baghdad with no vehicles and all the added man power is until "the meeting" is over -- so it may be a visit – i am looking for it and pulling from some gov sites so have patience with me -- lots to show you
[millionday] Counting Foreign Minister Hoshyar Zebari, what has been achieved in the relations between Iraq and Kuwait as "great achievement too," especially moves to turn the page on the past and look to a bright future, while confirmed out of Iraq practically from the provisions of Chapter VII in his dealings with the countries of the world,
ruled that reached the conference "Geneva 2" The United States and Russia to be held to reach a formula to end the conflict in Syria.
came assurances Zebari sync with the claims need to be taken statements internationalism on the deterioration of the security situation and political situation in Iraq seriously, which drew in which the presence of international concern what is happening in the country splits.
[millionday] Appealed to the Association of private banks in Iraq government to intervene to solve the crisis of emergency call the heads of boards of directors, and managers of Commissioners for private banks as defendants to appear before the competent court to investigate the integrity of the issues without the knowledge of the bank responsible for any of the Iraqi Central Bank.
She Association said in a statement that the banking community of surprised this Call, which it described as precedent, arguing that the procedure is legal, especially because it lacks the means regular in accusations and communications professional does not take into account the importance of the sites against it and its vital role in the functioning of the economic activity in the markets in particular and Iraq in general, which needs stability to business development. note -- i know i brought this today but we had technical difficulties and i want everyone to see it smile
millionday] The statement stressed that these actions adversely affect the citizen through disrupting the stability of the market and which in turn affects the economy, pointing out that private banks are facilities only continued to work through difficult circumstances and challenges,
sticking in turn stems from a sense of responsibility to maintain the stability of the market, and succeeded in stopping the repercussions of many threatened political and economic stability.
The number of private banks and branches of foreign banks operating in Iraq has reached 42 banks with a network of over 500 branches, and employs about 12 thousand people, also exceeded their capital and reserves of eight trillion dinars (seven billion dollars) in mid-year, and runs from the private sector deposits of about 10 trillion dinars
[millionday] The statement added that private banks are using sophisticated banking systems and was able to spread in the world through a network of correspondents that exchange with banking transactions, which stressed the return of the Iraqi banking system to the global market after a long absence.
[lorijeanmarshall] millionday I LOVE that part!
Papatom] notice the deposits in the private banks......10 trillion???
[millionday] i had a call and all i can tell you is huge meetings going on there but huge
[Papatom] millionday there...iraq?
[millionday] yes Iraq oh boy so i will brb with more
[millionday] Activation of investment in the telecommunications sector is carrying a large economic feasibility of the country, through the employment of communication services in the implementation of the tasks of a purely economic accelerate the implementation of actions and projects.
President of the Federation of Economic Development International Ali Hilfi said in an interview (morning): the need to promote the telecommunications sector and orientation to create an enabling environment for investment in this sector, which achieves economic feasibility double,
where the yield substantial financial derived by the local economy of the telecommunications sector after the world has witnessed a technological revolution this sector and the world has become a small village.
[millionday] The other important joint is the importance of telecommunications in economic work in general, where he became interference in communications systems sophisticated work, and became can not work for an investment company away from modern communication services.
He added that the field of telecommunications evolution continues, and this leads to continuous work and effective investment to keep pace with the rapid development that results from the racing companies in this sector, especially we in the country still use the second generation in communications, and from there before us to generations more advanced, which needs to be work to create an encouraging atmosphere for entering the competent international companies to invest and achieved remarkable development in this important joint.
[millionday] Hilfi pointed out that the acceleration events in the region and economic development will lead to the advancement of products that must be provided by the investment companies, and this requires hard work to find out the determinants of advancement of the telecommunications sector and access to global services.
To that stressed economic researcher Abdul Sattar al-Hashemi, the need to encourage investment in the telecommunications sector for the purpose of competition among global companies to provide better services, as well as to enhance the state revenues of Finance.
[millionday] Said in a press statement: The telecommunications sector is one of the important economic sectors in most countries of the world, the fact that achieves imports large financial state, and this leads to interest the telecommunications sector of Iraq and encourage investment.
explained that the investment in the telecommunications sector will create an atmosphere competitive among global companies investing in the process of providing communication services for better citizen, either via phone or the Internet, and this is what will become an important sector, Vairadath equivalent to annual oil revenues for Iraq.
millionday] so they are trying to also add as a resource for their overall gdp -- communication as a market and of course the benefits from it will be supportive to every aspect of their reforms
[millionday] brb with more and there is a lot a little note we found today
[Papatom] millionday what a great opportunity for investment
[millionday] all ammendments with the accountability and justice have been approved
[mllionday] brb with more
[Papatom] Woooop woooop
[millionday] the news rocks
[Papatom] that's a little note?
[millionday] brb smile
[wmawhite] millionday ..........but parliament is on vacation???[/B]
[millionday] grin coming with UNSC report on iraq so give me a sec while i bring it together
[millionday] Council members expect to receive a briefing in consultations in June from the Department of Political Affairs on the 35th report of the Secretary-General on Iraq’s compliance with resolution 1284 (1999) regarding the repatriation or return of Kuwaiti and third country nationals or their remains and the return of Kuwaiti property,
including archives that had been seized by Iraq. At press time it was unclear who specifically would brief the Council, as the funding for the High-Level Coordinator on Iraq-Kuwait issues (who previously briefed on this subject) was allowed to lapse on 31 December 2012 and no successor mechanism has yet been developed. It was also unclear whether the Council would adopt any outcome addressing such a mechanism
[millionday] recently>>>> The 14 December 2012 Secretary-General’s report on resolution 1284 outlined four options for continuing the mandate previously held by the High-Level Coordinator, including:appointing a new High-Level Coordinator to replace Gennady Tarasov, who retired on 31 December 2012;
appointing an interim coordinator; folding the mandate of the Coordinator into that of the UN Assistance Mission for Iraq (UNAMI); or assigning the mandate to someone from UN headquarters.
[lorijeanmarshall] So, haveing a meeting about Iraq/CH7 in June huh? Hmmmmm, very interesting.
[millionday] note -- so we know that the border issue has been announced by each side as done
[millionday] Recent months have seen Iraq make progress on several issues stemming from its 1990 invasion of Kuwait. The Iraq-Kuwait Boundary Maintenance Project (the reactivation of which was welcomed by the Council in a 1 December 2012 press statement) was successfully completed at the end of March following the demolition of the last remaining Iraqi buildings on the border.
The Boundary Maintenance Project was established in 2003 to implement the demarcation of the border as recommended by the UN Boundary Demarcation Commission but has faced repeated delays due to occasional disputes between Iraq and Kuwait regarding the border, and this is talking about continuing the monitoring maintenence ect
[wmawhite] millionday ......isn't Chapter 6 a way of monitoring...????
[millionday] Iraqi unwillingness to remove objects impeding the project. Iraq and Kuwait are currently in discussions on a successor arrangement to the Boundary Maintenance Project, agreement on which would fulfil Iraq’s obligations under resolution 833 regarding the demarcation of the border.
Progress has also been made towards the compensation of those Iraqi citizens relocated from the border area with Kuwait, pursuant to resolution 899.
In May, Iraq formally requested that the compensation funds (originally provided by Kuwait) be transferred to it from the UN for distribution to identified beneficiaries. On 17 May the Council approved the transfer via an exchange of letters
[millionday] 833 has been announced to be done and kuwait has announced all resolutions have been met
[millionday] On 19 May, Iraq announced that the Iraqi and Kuwaiti committees on the missing Kuwaiti national archives had agreed to meet on a regular basis. A new mission of the Tripartite Commission on Iraq-Kuwait missing persons and property (composed of Iraq, Kuwait, the US, the UK, France and Saudi Arabia) is expected to visit Iraq in June
[millionday] lets look at the whole thing and se what it has – article 6 on all issues but the compensation -- 11 billion
[wmawhite] millionday ........Article from yesterday stated if they pay the $11 billion they are out of Chapter7.
[millionday] if i could just bring the report to ya -- it has alot in there about it just a sec – k
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