Millionday News 10/07/13
millionday] ok lets get rolling welcome everyone whooop whooop
[millionday] Are very close to the opening of the exhibition Baghdad in the new session and the preparations are going well , as well as the organization , but until now the company did not disclose the changes that have occurred in the halls and expansion reconstruction However Valdorh the herald good due to the size of declared participation .
We find the door reminder to repeat the prayers on the need for participation of the sector that is supposed to benefit from the exhibits and the highest levels not to leave participants without interest and not just favored by the head of the government being given the perception attention required but must be sustained by the Minister as an incentive for companies to continue to Posts WAN.
Read More Link On Right
[millionday] this is about the conference this week
[millionday] Suppose to be participating this year is greater than its predecessors being coincides with the start real reconstruction and construction , where there are signs in this area in the project being carried out here and another carried out there,
and I mean to proceed biggest that is embodied in bringing modern technology and supplies of investment and construction requirements to determine the best of the needs,
not that limited to Bartchenat and and posters filled the land exhibition and trade of goods and merchandise has flooded the Iraqi market , and thus the show turns into a mini mall of consumer goods that are important but not as much as we need the technology .
[millionday] That a country such as Iraq and its potential known to the distal and proximal should be dealing with international companies and brands in accordance with the destinies of a matter to revolutionize the construction , reconstruction and index the size of the budget , which is the largest in its history.
Tell me once Exhibition Director Kurdistan Abu banks for their vision in organizing exhibitions said that we aim to attract companies to the region and offer them all possible facilities and available
and how Sngena of money as much as Sngena of real partners assisted in this building that you see in the region, and we have given each customs facilities at the entry of products and technology to the show, and so we were able to settle these giants and those are scattered across the globe continues to build and renewed
[millionday] this is very encouraging with customs and the banking /training etc there for info -- this is about moving forward in a huge way -- and with the wto there -- have to love it
[millionday] This Gleam is an open letter to all stakeholders reconstruction and investment and construction should seek to attract this type of company that can implement strategic projects .
Useful to be show a chance to see the Iraqis development achieved by the world in everything is an opportunity to inform students, especially undergraduates on the latest gadgetry world ,
but went ten years to communicate with the world after three decades of deprivation has fulfilled its purpose as the means of communication in the world of technology computers and the Internet may Ngnina to see the diversity of knowledge but we need to bring modern technology to start the actual construction
millionday] so according to this update on the set up of the fair -- the communication network and system is done -- very nice brb with more -- i want to say something before i post this
[millionday] i was chatting today and someone was saying that the info was wrong and i have done some looking on it -- let me address this
[millionday] clinton was the president when the government shut down happened in 2005 and the impact happened to our deficit and i really dont see how they could have rvd in march of 1991 if we were on the ground and working and i mean we --- during feb of 1991 ------
so i am going to verify that ifo so it is perfect -- i was just chatting but it seems to have become very important so i would like to make the info exact and will get back to ya on the exacts of the kuwait info
[millionday] i want you to let me know if something is incorrect -- so dont read that wrong -- it is important -- just hard to type words with meaning and no expression -- i mean it is important to me so we will have a chat about it soon
Dovi] think it was Bush in office
[millionday] not when the gov shut down that was in 2005 and clinton took office in jan --- so i am going to find it all out for us so we can talk about similarities
purecountry] clinton was in office from 1993 to 2001
[millionday] the gov shut down is what i brought up but will bring up the rest again after i have all the info
[no-regret] purecountry shut down was in 95-96
[Kit] millionday I believe the last shutdown was 1995
[no-regret] i think it all started in nov 95
[Dovi] millionday yes I was corrected about the shut down too..someone said Bush signed during a shut down..not
[millionday] yes i think 21 or 22 months but lets wait and we will all meet back and talk about facts -- i will research it and we will look at it and compare some things etc
[no-regret] millionday it's all good --i would love to know the relevance
[millionday] so i will let you all know what day and if you want to look into it so we can chat --- lets do it wed roundtable
[wmawhite] keep in mind that Iraq invaded Kuwait in August 1990. The Kuwaiti currency at that time was the Kuwaiti Dinar. The Kuwaiti currency was replaced with the Iraqi Dinar.
Seven (7) months later, February 28, 1991, The Iraqi forces are kicked out of Kuwait and the war has ended. Twenty six (26) days later, March 24, 1991, the Kuwaiti banks reopen with a NEW currency valued at 1 KWD = $3.50. If any Kuwaitis still held the old Dinar it would be accepted at a one to one rate.
[millionday] so here is what i have to bring you for news thanks
[millionday] With the entry of the United States of America a new economic crisis because of a failure to approve its budget crisis similar to 2008, despite the different reasons, specialists , experts reassured citizens that the Iraqi economy is solid and will not be affected by this crisis .
Chairman of the Securities Commission , Dr. Abdul Razzaq al-Saadi said in a statement to the (morning) : "The disruption that occurs in not approving the budget, the U.S. has so far never had any global impact , but the problem lies in the case did not pay the U.S. debt causing a crisis in global financial markets .
" He said al-Saadi said " the housing crisis that occurred in 2008 was her interest big on Iraq, especially given that the domestic market was stable and profits is good and a lot of foreign investors ,
particularly Americans contributed to the Iraqi market, noting that Iraq has no investments abroad in order to be affected positively or negatively reactions that affect the global economy , because the economy strong
[millionday] note -- this is an announcement to their citizens
[millionday] Chairman of the Commission that the Iraqi currency will not be affected by this crisis , especially as the Constitution urges orientation towards a market economy ,
it is that determines the exchange rate of the dinar rise or decline , calling for the central bank to maintain routine budget its procedures , and to allow either the banks to move, and that keeps the exchange rate of the dinar,
as the Iraqi dinar clean and did not come from suspicious sources , so a free market economy to act in Iraqi currency . Saadi pointed out that if the United States did not pay the U.S. debt could affect global oil prices , especially because it relies on oil reserves , because in this case stock will not buy from the market leads to lower prices globally.
[millionday] The U.S. government came close on Monday its second week in light of the warning signals that the United States has become closer to the face of the first default in its history .
And will be watching Washington closely the financial markets to see whether the talks, which are Band rocked Wall Street and economies around the world before the 10 days of the occurrence of default.
Pushed the financial crisis of 2008 the United States to face the worst recession since the Great Depression in the thirties of the last century. ,
In turn , the general manager of the single window in the National Investment Commission , Dr. Abdullah al-Bandar said Iraq depends on links to export from a single supplier of oil , so it is possible that affected prices one way or another as a result of the crisis, but the negative effects will depend on how tangles with the economy , he says
[millionday] note -- they are saying that they need to hold on and build their own currency and yes we are a mess but it depends on how involved we are as to how it effects them -- this is again a call to move to a market economy --- stock market worries -- they want to go ahead -- tired of waiting and are sending a message of calm to the citizens --
[millionday] And between Bandar told the (morning) that the financial crisis experienced by the United States in 2008 had little impact on Iraq because its economy is immune reserves are good , considering that the situation indicates that he has no influence in Iraq .
He said the Director-General "At the moment Iraq is closely linked to the economies of the world because he was an importing country, as the trade balance is in favor of Iraq, and exports excluding oil does not constitute a financial value of the large balance of payments,
thus more effects you get in oil prices , whether higher or lower, especially that Iraq's oil exporters may therefore reflected negatively , but depends on the strength of the domestic economy and the strength of the world economy .
[millionday] note -- and again -- they were not effected by the global fall --- very strong position to begin in kind of strange that we are the subject of their worries that would mean headed to international trade and market economy or it wouldnt be a worry
[millionday] He noted Antoine that imports oil the most affected by this crisis , because the United States from oil-consuming countries of Iraq, but not significantly, as well as the eloquence of the government in the bifurcation to sell oil and give investments to many countries such as the East Asian countries of India ,
China and Japan makes affected by the crisis the U.S. is less than other countries , noting that the Iraqi economy has extensive trade relations due to the agreement with the United States, but not in that capacity that significantly affect
[millionday] so they are saying the US of A is not the largest that they have contracts and agreements with - very interesting report brb I think we missed this on sunday and this is a speech about it
[millionday] Deputy Prime Minister Ruz Nuri Shaways that Iraq needs to introduce modern technology in all aspects of the state and society, and to the services and expertise of international companies discreet in various fields and sectors of life , stressing that this conference is a good chance for those of investors and businessmen to participate in the construction and reconstruction under way in various sectors in Iraq .
This came during his participation in the Special Economic Forum to invest in Iraq , which was held on Sunday , in the Belgian capital .
[millionday] He said Shaways in his conference , which received «morning» copy of which was on Sunday , said the government has several steps and procedures for political, legal and administrative level transition from a centrally planned to a market economy through the mobilization of the private sector and the trend towards creating a genuine partnership between the public and private sectors,
and to encourage investing national, regional and international levels, to make Iraq's economy more vibrant , dynamic and able to respond to the requirements of the launch of the process of comprehensive and sustainable development .
adding that the government continues its efforts to change the identity of the Iraqi economy through the vision of a future long-term aim to build a diversified economy and a prosperous
[millionday] noting growing interest in sectors of education and health, led by the sectors of mining , industry , energy, agriculture , tourism and communications Koqtab developmental background ,
along with interest pillar core of the Iraqi economy , but a sector of the oil industry in its various aspects . across the Deputy Prime Minister expressed optimism the future of the economy in Iraq ,
pointing to what he has the resources and potential , indicate by geological studies to the presence of about 530 geological complexes give strong indications of the existence of how massive oil , no drilling of these structures only 115 of which 71 proved to contain oil reserves enormous spread over many fields ,
stressing that this is the great potential make Iraq an influential player in the cycle of the machine civilization and a key player in the global economy , and a strong contender at the regional level
[millionday] wow -- this is a great speech -- so Shaways is saying they have some things they are trying to get done there is more