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Dinar Updates Monday AM Chat 6-6-16 Part 2 of 2
rcookie says():WE ARE AWAITING THE ANNOUNCEMENT OF END TO AUCTIONS AND/OR IMPLEMENTATIONS OF ONE OF THE ALTERNATIVES THAT WILL STILL PROVIDE STABILITY OF THE IQD IN THE MARKET...
larrykn says to rcookie():can't see that being that far off now
rcookie says():The Federal Supreme Court hearing (Archive)
Federal Court determines the eighth of June as the date to consider claims of the sacked minister
Writer: Editor: AZ 06/06/2016 17:37 Number of Views: 21Long-Presse / Baghdad
Identified the Federal Supreme Court, on Monday, the eighth of June current, as the date to consider claims made by ministers sacked by the end of the parliamentary session last April.
The judge said Abdul Sattar Bayrakdar spokesman for the federal judiciary, said in a brief statement received (range Press) copy of it, that "the Federal Supreme Court set a date on 06.08.2016 to consider filed by the ministers dismissed claims in the House of Representatives session held on 26 / 4/2016. "
subgirl says to jeffusa():have fun :)
movack says():yep they loose there amnesty on the 8th
movack says():if I am correct in saying
rcookie says):Cabinet approves electronic forms release mechanisms for loans
An economy Since 2016-06-06 at 13:46 (Baghdad time) Baghdad scales news
The Cabinet decided on Monday to approve electronic forms release mechanisms apply for loans.
She said in a statement received Council Secretariat/balance of news/copy, that "the Cabinet today decided to approve launching mechanisms of electronic forms to apply to industrial, agricultural and residential loans.
He added that "it would be a total of six trillion five hundred billion dinars, distributed on different projects.
He explained that "those small projects include projects aimed at providing job opportunities to young people and graduates and Iraqi women, including working on raising the standard of living of citizens and move the wheel of development." over 29/34
larrykn says):wow nice
rcookie says():SO THE CABINET HAS APPROVED THE IDMS AND PIM MECHANISMS...
BobG says():As the wheel of development turn, So do the days of our lives......lol
BobG says():I like the work mechanisms
BobG says():sounds like a button
rcookie says():AND SAID THIS YESTERDAY.......WAIT UNTIL YOU SEE HOW FAST THE LARGE AGRICULTURAL LOANS AND PROJECTS ARE PROCESSED ONCE FALLUJAH IS LIBERATED FULLY...
angus says():I thought that one of the art. stated it was completed? did I miss read?
da58 says():Urgent: An informed source revealed the presence of a number of Parliament meeting 14-4 was 129 and the number attending the session was 26.4 179 (details)
06-06-2016 02:20 PM Orbit News - A senior source revealed on Monday that a committee of experts charged by the Federal Court to verify the documents and videos submitted to the court concerning the meeting of the House of Representatives for the day 16-4 and a session on 26-4 has audited the movies and photos provided by the defense points and compare the statements of witnesses.
The source said in a statement to'madar News', after scrutiny movies and photos provided by the defense points and compare the statements of the witnesses show us that the number of 14-4 attend the meeting was 129 and the number attending 26-4 session was 179 Vice.
watson1 says to rcookie():cool i think i am going to move over there to grow opium and medicated marijuana..:D
rcookie says():WOW!!!!!....WOW!!!!...CHECK THIS OUT....
movack says():so does that make the 26-4 a lagitimate quorum ???
rcookie says():OOPS SORRY DA..
BobG says():Ready :)
da58 says to rcookie():waiting to check out bud!! GO!! (lol)
rcookie says():The Central Bank calls from pushing more than 1200 dinars for a dollar to complain to him
An economy Since 2016-06-06 at 17:11 (BagBaghdad – the balance of news
Called CBI, Tuesday, citizens and merchants who pay more than 1200 dinars for a dollar that they buy it from banks or companies convert to complain to him.
The Central Bank said in a statement received/balance of news, copy, "citizens and merchants who pay more than $ 1200 dinars for a dollar that they purchased from banks or Exchange ausharkat conversion companies in cash or money orders or documentary credits, a complaint to the Central Bank with payment", stating that he "will pay the difference to the buyer by the Central Bank and taking account of the seller.
The CBI said that it was "a confirmation of directions and instructions for foreign currency exchange rates. over 29/h 33
rcookie says():WOW!!!....TALK ABOUT A WAY TO EXCISE AND ELIMINATE THE PROFITEERS....
rcookie says():IY YOU ARE CHARGED MORE THAN THE OFFICIAL CBI BANK RATE AT ANY AUCTION WINDOW....BRING IN YOUR RECEIPT TO CBI AND THEY WILL ISSUE A REFUND FOR THE OVERCHARGE AND GUESS WHERE THEY WILL BE GOING IMMEDIATELY AFTER.........
BobG says():Now that's cracking down
rcookie says():SO CITIZENS ACTUALLY BEING GOUGED GET MADE WHOLE AND END UP DOING GROUNDWORK FOR DICOVERY AND INVESTIGATORS PROSECUTING THE AUCTION PROFITEERS...
movack says():absolutely build the confidence in the banking system through over watch
rcookie says():WOW!!!....EVERYBODY WINS INCLUDING THE IRAQ ECONOMY AND STABILITY OF THE IQD IN THE MARKET!!!!!!!!!..
BobG says():And the bad guys go away either by force or by choice
dale says():Rcookie : Great news.
rcookie says():OK ..SO NEXT ONE WHO MAKES THE STATEMENT ABOUT SAME OLE IRAQ SEEN IT ALL BEFORE..BLAH BLAH....GETS DOGPILED!!!....
subgirl says to rcookie():Is that their way of getting people into the bank?
movack says():it would surely get peeps on the stret to be watching
BobG says():I agree lot of new things coming out of Iraq that I have not seen before :) and its all positive
larrykn says to rcookie():thank you for bring us all this great news
da58 says to rcookie():wow - this is brilliant of them - !!
rcookie says to subgirl():THE BANK ACCOUNT INITIATIVE S ANNOUNCED LATE LAST WEEK ARE TO GET THE MATTRESS MONEY...
AND INCREASE CONSUMER CONFIDENCE IN THE BANKING SECTOR AS DEPOSIT INSURANCE IS LAUNCHED AND PEOPLE CAN TAKE ADVANTAGE OF GREAT INTEREST RATES TO GROW THEIR MONEY...
AND THE BANKS CAN USE TO MAKE LOANS..ACTIVATE ECONOMY AND IMPROVE VELOCITY WHICH IS VERY..VERY IMPORTANT..
Baxter says():RCookie.... if there are only 10 banks participating in the auctions... hows come today it says 29 banks...and 135 Million??
movack says():10 banks or corp may have branches I guess
rcookie says to Woodywoodpecker():LICENSED ENTITIES HAVE BRANCHES...
rcookie says to Woodywoodpecker():OOPS..
rcookie says():THIS IS THE UNDERLYING CONSEQUENCE WHENEVER YOU ARE READING OR HEARING OF LIQUIDITY ISSUES...
movack says():u said it more clearly RC
rcookie says():What is the 'Velocity Of Money'
The velocity of money is the rate at which money is exchanged from one transaction to another, and how much a unit of currency is used in a given period of time. Velocity of money is usually measured as a ratio of GNP to a country's total supply of money.
Read more: Velocity Of Money Definition | Investopedia
rcookie says():BREAKING DOWN 'Velocity Of Money'
Velocity is important for measuring the rate at which money in circulation is used for purchasing goods and services. This helps investors gauge how robust the economy is, and is a key input in the determination of an economy's inflation calculation.
Economies that exhibit a higher velocity of money relative to others tend to be further along in the business cycle and should have a higher rate of inflation, all things held constant.
Read more: Velocity Of Money Definition | Investopedia
NWBeauty says():Another way to increase velocity is to actually IMPORT consumer goods someone would WANT to buy You ever go to a Souq there? NOT much in the way of western goods !!
Read More :http://www.dinarupdates.com/showthread.php?35448-Monday-June-6-2016