Chat Room Excerpts & Highlights
Rcookie & Mr. White News Time 7-6-16 Part 3 of 3
Idaho says():Are we still looking at the 12th for parliment to meet?
pop pop says():One more question, When do you think we will see the amnesty law and hcl law implemented??. Some people think as soon as we see those laws in affect we will see value increase immediately...
rcookie says():YES ...BY ALL REPORTS.....
rcookie says():AND THEY HAVE A BASKET OF LAWS CUED UP AND AWAITING THEIR RETURN.......
Idaho says():rcookie thank you
rcookie says to Idaho():YVW
prs says):so does anyone know who feed the rate to the forex?
_firefly_ says():Thomas Reuters
MeginHim says():Do all those laws have to be passed and posted to the Gazette before they can RV?
rcookie says to MeginHim):NO......MANY OF THE LAWS ....ESPECIALLY SOME OF THE ONES RECENTLY MENTIONED IN QUESTIONS ARE MORE NATIONAL RECONCILIATION CENTRIC LAWS AND HAVE NOTHING TO DO WITH CURRENCY & FINANCIAL REFORM...
rcookie says to MeginHim():THERE ARE HOWEVER SOME ECONOMIC AND FINANCIAL LAWS AND ACTIONS WE ARE LOOKING FOR......OVER AND ABOVE THE LAST ARTICLE....
rcookie says to MeginHim():POP QUIZ....WHAT ARE THE OTHERS...
pacella says():banking law and investment
Soonergirlie says():pubic Financial management law
clay01 says():one is the amendment to the budget law
daytrader says to rcookie():Financial management
charwesley says():Budget law
rcookie says():WOOOOOOOO HOOOOOOOO!!!!
Soonergirlie says():adjustments to budget law per IMF request
rcookie says():PUBLIC FINANCIAL MANAGEMENT LAW
Soonergirlie says():there aren't many
rcookie says():CBI LAW
rcookie says():BANKING LAW
rcookie says():INVESTMENT LAW
rcookie says():2016 BUDGET LAW
rcookie says():COMPANIES LAW
rcookie says):AND ADD THE CHAMBER OF COMMERCE ACT NO 43 (1989)
pacella says():when is parl. back too work after edid. the 9th.
Hutch says to pacella():LAST WORD IS THE 12TH
rcookie says(:):REPORTS SHOW 12TH
rcookie says():THAT WAS IMPRESSIVE DU!!!!
MeginHim says():Can all those laws be passed quickly without opposition?
rcookie says():YOU GUYS RATTLED THEM OFF LIKE A PIECE OF CAKE!!!!!!!....
rcookie says to MeginHim():YES...AND THE MAJORITY OF THEM ARE ALREADY CUED AND WAITING.....
pacella says():thats because you guys and guls are good and explain the art. so we can understand. thank you all
rcookie says():OK.....THIS WAS YESTERDAYS NEWS BUT SOME SENT ME QUESTIONS ABOUT....SO
rcookie says():Repaying our debts start financial Paris
July 5, 2016 18. 0 Our economy/Baghdad The Finance Ministry said paid premiums and benefits of Dionne Jules Paris Club.
The Ministry said in a statement received our newsletter, a copy of it, "fired the payments and benefits that you deserve in July 1st, under bilateral agreements signed with the Paris Club countries and Nations outside the Paris Club and the value of 500 million dollars."
"The shots fall within Iraq's external debt settlement agreements achieved before 1990.
Read More :http://www.dinarupdates.com/showthre...cial-Paris-7-6 (broken link – only work when clicked on in actual chat or from chat logs)
rcookie says():SO....ALTHOUGH YESTERDAYS NEWS...HERE THEY ARE MAKING PARIS CLUB REPARATION PAYMENT OF $500 MILLION....
rcookie says():THIS NUMBER WAS ORIGINALLY IN EXCESS OF $144 BILLION AND HAS BEEN NEGOTIATED DOWN TO REPORTS OF $7 BILLION...WITH OPPORTUNITIES TO NEGOTIATE DOWN EVEN FURTHER OR BE WIPED OUT ALTOGETHER...
rcookie says():AND THIS IS ALREADY APPROPRIATED FOR IN THE EXISTING 2016 BUDGET WITH FINER DETAIL NOW THAT PAYMENT IS FINALIZED....
Hutch says():IS THAT AN INTEREST PAYMENT ?
_firefly_ says():This is a HUGE article since 2 weeks ago the Paris Club gave them till 2020 to repay the debt
rcookie says to _firefly_():GREAT POINT......AND THERE IS STILL OPPORTUNITY FOR FURTHER DEBT REDUCTION OR FORGIVENESS......
_firefly_ says():Many more !
_firefly_ says():IMO of course
rcookie says():AND THIS STARTED AT 144 BILLION....
da58 says():so where does the 500mill come from?
_firefly_ says to da58():Where did that 500 note come from ?????
rcookie says():GREAT QUESTION DA.....
da58 says():ok.... thx..
rcookie says():IT IS APPROPRIATED IN EXISTING 2016 BUDGET.....
Hutch says():GREAT QUESTION..... WHATS NEXT RCOOKIE ?
SRW says():Will Parliament pass these laws without opposition? Some Parliament members want to stall ( such as Maliki's Crew ).
rcookie says():1 LAST LITTLE INTERESTING NEWS SNIPPET....
rcookie says to SRW():THE SITTERS OBSTRUCTION IS SEVERELY FRACTURED AND UPON RETURN WILL NOT BE ABLE TO STOP THESE VOTES.....
rcookie says():Daash poses own currency in the subject areas under his control
By Azad Jmakari 18 hours ago Roudao- Erbil Informed sources said, that the "Islamic state", Daash, the instrument of its own Maadinh currency, recently launched in the city of Mosul market, which was dominated by the summer of 2014.
The source added that "currency posed a dinars doubtful of 21 carat gold and a weight of 25.4 grams, explaining that the value equivalent to US $ 140 and 187,000 Iraqi dinars."
In this regard, he said economic expert, Khurshid Alica, network Roudao media, said that "the use Daash of gold, silver, rather than focusing on the banknotes Ndrthma Their loss and the lack of value is the repetition of economic theory, a well-known Keynesian theory."
He added, Alica, that "gold coin to Daash trading is a kind of imposition of authority, sovereignty, legitimacy, the people in the control regions, namely the attempt to impose Daash state on the world, and international institutions.
He pointed out that "Daash need large quantities of pure gold instrument of its currency, which would be one of the obstacles to the continuation of peace gold coin of the organization."
He explained an economist, he "turned the organization into the new currency trading in major stock markets in Mosul, the most important door Sinjar Stock Exchange, Stock Exchange door Serail."
And on how successful Daash to put this currency in the markets, he said that "the gold dinar, despite the gold value, but it is doomed to failure, because it does not derive its strength from a strong economy, and transparent manner based on social justice, economic, and public acceptance to him,
Stressing that "the economy Daash financier of the war economy, and taking advantage of the tax, and taking advantage of the suffering of the people, and looting of underground resources, especially oil in the control areas."
He continued by saying, "The economic influence of Daash began to shrink after the big defeats that right by the peshmerga forces, and the forces of democracy Syria air support from the international coalition, and will have a significant impact on the new currency."
Read More :http://www.dinarupdates.com/showthre...is-control-7-6 (broken link – only work when clicked on in actual chat or from chat logs)
rcookie says():ISIS USING ITS OWN GOLD DINAR CURRENCY IN OCCUPIED AREAS 21 CARAT AND WEIGHING 25.4 GRAMS WITH $140 USD VALUE (I87,000 IQD) AND IS TRADING IN SMALLER STOCK MARKETS IN MOSUL;
LIKE SINJAR AND SERAIL AS ECONOMISTS DDOM THE CURRENCY TO FAILURE IN SPITE OF INHERENT VALUE DUE TO LACK OF DERIVING VALUE IN ECONOMIC STRENGTH AND SOCIALLY & GLOBALLY ACCEPTED POLICIES...
rcookie says():JUST THREW THAT ONE IN THERE.....
rcookie says():WE ALSO SHOULD BE SEEING SOME RESULTS FROM THE CBI GOLD WINDOW ANNOUNCED OVER WEEKEND....
Hutch says():THAT WILL BE INTERESTING !
Hutch says():SUCH EXCITING NEWS !!!! INCREDIBLY INFORMATIVE !!!
rcookie says():THANK YOU ALL FOR BEING HERE AT NEWSTIME.......GREAT QUESTIONS AND CONVERSATION!!...
Hutch says):WHAT AN EXCITING NEWSTIME !!!! SO MUCH GREAT NEWS!!!!!
THANK YOU RCOOKIE AND MR WHITE FOR A GREAT NEWSTIME!!!!!
Read More :http://www.dinarupdates.com/showthread.php?36740-Newstime-with-Rcookie-Mr-White-7-6-2016&p=155838#post155838