Millionday News 7/30/13
millionday] we have some good news tonight so this is going to be a good news night and looks like some progress as well smile here we go
[millionday] Trending Baghdad Chamber of Commerce to activate its relations with most countries of the world in order to promote the process trade and the national economy through communication with the best economic blocs international and regional, a member of the Chamber of Commerce of Baghdad, Alaa Al-Nouri said in an interview (morning): that the chamber adopted the mechanism of action of a new aim of which to achieve service positive for dealer-Baghdadi,
who is committed to the standards of the profession, pointing out that over the country the provisions of Chapter VII easy tasks room a lot, where it became possible to communicate with the world economies, which became consider to Iraq Mgeijer from the past and must invest this opportunity.
Read More Link On Right
Recommendation merchant committed to the profession standards for companies
[millionday] note -- this is past tense and is saying that it is activated so the rest of this report is extremely important so lets look at
[baggr42] millionday Sorry but what does it mean
[millionday] baggr42 it means this >>>>>>>>>>>>>>>> Baghdad Chamber of Commerce to activate its relations with most countries of the world in order to promote the process trade and the national economy through communication with the best economic blocs international and regional,
baggr42] millionday ty
[millionday] Trending Baghdad Chamber of Commerce to activate its relations with most countries of the world in order to promote the process trade and the national economy through communication with the best economic blocs international and regional, where adopted a roadmap to enable them to be present in most of them, and may be useful to deepen the links to gain international experience, as well as providing requirements and the requirements of the Iraqi trade.
[sunnyca] so that sounds like they are open for business internationally - right?
millionday] note -- this is the activation of all trade and economic contracts and agreements
[millionday] He noted that the availability of desires in the world in cooperation with Iraq in the coming period reflects this fact, and in return, the room Bcilha new aspires to change the reality of work and the development of trade relations, as well as the expertise of local merchants who have dropped out from the world for a long time, which requires a stand at the operations of international trade , and the new knowledge that has occurred during the last period
[baggr42] millionday TY that makes sense
[sunnyca] millionday don't they need a tradable currency???
wmawhite] millionday ....international trade = the free movement of currencies between countries.
[cookie2] Hey and Yeah!
[sisterbreen] wmawhite hope u right
[millionday] sunnyca yes they absolutely do
[wmawhite] sisterbreen .......it is not hope it is fact.
[sunnyca] millionday Woo Hoo That's BIG!!!!
[millionday] note -- the largest product of any country is their currency lets look at the rest
[millionday] He added that the first of our focus on research to find ways to reduce the flow of goods and merchandise that I take Specifications international quality, noting that what made him the room from the arguments of previous to the Economic Committee in this regard resulted in the decision of the Council of Ministers spend contracted with two world wars are working on Inspection of material at border ports to determine the type of materials used to country and Moasftha and the validity of use.
[sunnyca] millionday Is this the RV?????????
[millionday] note -- so this last part is about the activation of compliant customs control sunnyca when the rate changes hun
[millionday] He pointed out the problem that bedevil the work of companies viewfinder and of the existence of outlets border to Angtiha teams companies viewfinder, which are not subject those in force for the control of the central government, and through which pass the goods and materials without checking quality and in large quantities and this requires coordination with those agencies to control the entry of goods.
sunnyca] has not changed yet - I was thinking you were leading up to that
[wmawhite] millionday ....customs control..........tariffs??? lol
[Domino] millionday Wow, this is getting good but I'm amazed and how many steps they can accomplish before we see that new rate.
[baggr42] wmawhite My thought exactly
millionday] note -- this is stating that their customs has to work together to end faulty products wmawhite, the tariff laws are ready to go there is more of the reports maybe we can get some kind of a when from this smile
[millionday] Nouri pointed out that many of the specialized international companies and with the International Classification of good, have an clear picture of the reality of work in the country, which led the room to the trend towards global companies misleading to explain the reality of the Iraqi market and the Investment Law No. 13 of 2006, as amended, and to provide booklet number companies to global operating in Iraq, their location and the presence within the country, because it will clarify the picture in front of those companies and highlights the true reality of the field of employment and that he needed some adjustments.
[millionday] note -- so they have rewritten the regulations for investment laws so they are understandable for foreign investors
[millionday] At the level of international relations, said Nouri said Baghdad Chamber of Commerce has always sought to establish business councils in common with most countries of the world, culminating in these endeavors to establish councils in common with Germany, Italy, France and the Maghreb countries as well as the Arabian Gulf, and many other countries, and all of these councils aimed at activating cooperate to the fullest grades, indicating that those countries realize the importance of trade and the Iraqi economy and the Iraqi market is a promising market.
[millionday] ok so let me say this
[lorijeanmarshall] I am not getting ANY of this ^^^^^^
[The s family] I never do
[millionday] established business councils on an international level in order to move forward in this is beyond great news i will summarize this at the end so lets look at the rest
[millionday] this report is very very important to your investment and our timeline so this next part is about the need to have some commerce protection in place for the international companies that are shipping in that can be trusted and also make decisions /signatures ect
[millionday] He said the results of the efforts of the room is that most states asked for work in a power of attorney the second, which is the granting agency to the dealer Iraqis condition that would be obtained sponsorship exclusivity granted by the Baghdad Chamber of Commerce and the franchise record its efforts to select the tracks successful and foreign relations, and thus there will be centralized in work and to choose the right person who can call him the title of the dealer.
He said Nouri that the chamber has applied to the Economic Committee in the Council of Ministers to re-work at border crossing points continuously (24 hours) as it was in force during the last period, citing the rising costs of materials overdue at the border, because of what it paid an additional fee at all stages the transfer of goods, and this carries a negative impact on the economy of the family, where those costs are reflected on the final price borne by the family.
[millionday] note -- in other words applying fees due to international importers and the receiving
[wmawhite] millionday millionday .........a lot of these changes were recommendation from the business investment seminar held in London last year.......remember????
[millionday] And increased Nouri saying: Baghdad Chamber of Commerce has an active presence in support of the Iraqi trader during the previous session and present, in particular through compensation for traders affected by the fire incidents, etc., in another matter sought to raise the efficiency of all workers in the room through their participation in training courses Foreign Affairs have the ability to develop the efficiency of their employees to perform their work to the fullest and to meet all the requirements of the commercial sector service in Baghdad.
[millionday] wmawhite this is the one from this year -- when it was recommended ---- two months i think -- as well very good to see this in effect the opening of economic
[millionday] He noted that the movements Room internationally resulted in the many meetings the task, as agreed with the President of the Tunisian government to activate all the agreements and memoranda of understanding between the two sides, as agreed with the Jordanian embassy to activate cooperation between dealers the two countries and facilitate the task of the transition and the completion of business transactions are more affordable, pointing out willingness of the Iraqi Federation of Chambers of Commerce reception and trade delegations and Arab and international industrial and holding joint meetings studying the mechanisms of activation of trade in order to serve all parties economy and contain all the determinants that confuse the reality of work and development
millionday] activating all economic commitments and agreements internationally requires the rate to be set for these contracts --- this is a very big step and could be the very best of news
[millionday] i have some other things to bring as well that will go perfectly with your smile this is great news tonight and it is going to do nothing but get better
[millionday] the summit stated that they had to have this in place to activate their economic reform -- remember that? this is great to see it happen this fast -- i wondered if anyone remembered
[wmawhite] millionday ...smile
[millionday] smile brb with more now this is the ok to move forward into the international currency market
[millionday] informed banking sources said that the report on the acts of the Executive Board of the International Monetary Fund last May endorsed the central bank's target Iraqi central goal of liberalization of the foreign exchange market.
The sources said in a statement "obelisk" that "what has been recently taken steps to simplify the rules of the market regulatory Born satisfaction of the Executive Council of the progress made by the central bank recently in the context of strengthening banking supervision and efforts to restructure the bank good and Mesopotamia."
[millionday] The report was issued by the International Monetary Fund for Iraq, has recommended that the pace of structural reform to boost growth and job creation in the private sector, and the need to continue the good governance of foreign reserves at the Central Bank of Iraq and the Development Fund for Iraq
[millionday] this was brought back in may it is the go ahead and has been now printed for iraq to move forward into that market
millionday] now remember tomorrow is the end of july -- we have reports that say the mastercard will be activated so we shall see
[wmawhite] millionday ....interesting that they would in public reference activity that took place in May.hmmmm.
[millionday] with what we are seeing with international trade which has to include currency --- that would be a great thing for us
[millionday] wmawhite hmmmm brb with more
[myblifeguard] millionday ..that will be interesting!
[millionday] myblifeguard oh hun -- it will run right past interesting – smile brb
millionday] this next report is telling us why the hold up and it has some very good points
millionday] Academic saw economic d. Majid Baidhani that chaos experienced by the economy now is the result of economic policies wrong carried out by the and practiced by previous regimes since the sixties of the last century. Said in a statement (morning) that the economic chaos is the product of more than half a century passed by the Iraqi economy and that it was founded to be a national industry marginal and non-industry competition or able to enter into regional markets, at least. among the reasons for lack of chaos successful economic policies during the former regime and after these policies were not able to provide the requirements of society and thus resorting to weak domestic economic source.
[millionday] He pointed out that agriculture is also infected with the deterioration of infrastructure due to rising costs of local product any higher per unit of agricultural production and thus an inability to compete where we note that agricultural commodities to neighboring countries compete counterpart communities.
He said the phase that followed the entry of agricultural commodities from neighboring countries of Iraq led to a total collapse in the agricultural sector, which led to the wheel stopped production in this area and also get to the result that the Iraqi economy is suffering severe chaos and confusion at the present time with a severe dependency on oil in the provision of financial revenue for the services and infrastructure.
[millionday] now as we see they are saying that the fall of the agriculture locally was because of the economy not being reformed and the industry not be prepared to compete so what we have is a hustle to move the iraqi product so that they can compete
[millionday] we will see many countries coming in with technology that will help them overcome this problem so they can once again keep up in the market
[millionday] they have experts just waiting for the changes that we are seeing and hearing changing --- so this is great and they should also expect a much better year
[millionday] i remember many years they lost their date product due to lack of technology and power to maintain quality this is why i say we will see this transform technically
[millionday] Baghdad Chamber of Commerce to activate its relations with most countries of the world in order to promote the operation and commercial service the national economy through communication with the best economic blocs international and regional, where adopted a roadmap to enable them to be present in most of them, and may be useful to deepen the links to gain international experience, as well as providing the requirements and the requirements of the Iraqi trade.
[millionday] brb with more this is the action of the federal iraq and the kurdistan region moving forward with working together
[millionday] National Alliance, Ibrahim al-Jaafari with Deputy Prime Minister Ruz Nuri Shaways security breaches that hit Baghdad and other provinces.
A statement by Jaafari's office, today, the agency received all of Iraq [where], a copy of which, "The two sides reviewed the developments in the political process in Iraq, and ways to strengthen the relationship between the center and the region, and activate the work of the committees between the parties, to find appropriate solutions to the issues outstanding."
[millionday] The joint committees between the Kurdistan region and the center, resumed its work to resolve outstanding issues between the parties, a few days ago, Central determination shown by the National Alliance for the settlement of all the different files on them, especially oil and gas laws and the demarcation of the border and Article , which is the same thing that was expressed by a coalition of Kurdish blocs, when expressed welcomed the move, which he described as "positive."
[millionday] now this is not putting the laws in effect but applying them as a working system
[millionday] Relations between Baghdad and Erbil development on all levels, as noted by observers that this convergence came as transactions held between Maliki's coalition and the ruling parties in the region, including resolving file oil and gas law and entitlements of the oil companies operating in the region and accruals peshmerga forces in addition to resolving the issue of the disputed areas and the position of Presidency of the Republic.
[millionday] what they did with the oil and gas is remove what they were up in the air about -- the iraqi oil company and its entitlements ect and dealt with it separately so they could move forward as per the constitution
[millionday] this is important because it is the strategic framework agreement that we have talked so much about
[millionday] former U.S. ambassador to Iraq Rowen Crocker that fires spread in the region and we put out, with regard to the war Syria and its impact on neighboring countries, particularly Iraq, said Crocker, in his article published by the "Yale Global Online," the "brat-Qaeda in the two countries
Their work pattern making car bombs, a daily occurrence in Iraq, in the pursuit of both twofold to re-ignite sectarian civil war. " The response to the activities of terrorist organizations, according to Crocker, have "invested a strategic cooperation agreement with Iraq to strengthen internal cohesion."
[millionday] so this is very good and i will tell you why after we read it
[millionday] Dollar sales in the Iraqi Central Bank to a meeting on Sunday, a remarkable increase, reaching 216 million and 357 thousand dollars, after being hit on Monday, 201 million and 968 thousand dollars, a stable exchange rate was 1166 dinars per dollar.
She said daily bulletin issued by the Central Bank that the demand for the dollar distributed by 50 million and 450 thousand dollars was sold in cash, while the value of the amounts sold format transfers 165 million and 907 thousand dollars, select the price to 1179 dinars per dollar, and the purchase price cash for $ 1171 dinars.
And participated in the auction currency today 15 waged, banks, and ruled out the amount of 46 million and 391 thousand dollars of banks participated in the auction, for the purposes of auditing and other services related to combating money laundering, as well as various other reasons
[millionday] now we have two reasons this is good one being that they have brought the rate back to the program rate as in the monetary planned policy and the second is
millionday] >>>>>>>>>>>>>>>>>>>. banks participated in the auction, for the purposes of auditing and other services related to combating money laundering, as well as various other reasons
millionday] so we have the show of banking audits -- no need to waste the money of the time and i love when they say --- "other reasons" very awesome my friend
millionday] so this is a huge shocker and makes you wonder why -- Announced mass citizen in the province of Baghdad on Tuesday, waiving paid pensions in response to calls reference the supreme religious authority in Najaf.
He said the head of the citizen in the provincial council Nizar Royal during a press conference held inside the provincial council that "the mass of citizens in the provincial council announces waiver of the salaries of its members pensions in line with the mass of the citizens in the House of Representatives and in response to calls from religious authority Supreme Najaf and to ensure social justice in the country
[millionday] The citizen Parliamentary Bloc announced last Saturday in a letter addressed to the President of the Islamic Supreme Council of Iraq Ammar al-Hakim waiving paid pensions in the House of Representatives.
He said the head of the citizen Bayan Jabr said in a statement that "the mass was held during the past weeks and in response to the demand of the religious authority and the masses, continuous meetings to deliberate on the subject of canceling the salaries of members of the House of Representatives and the ministers and the three presidencies and provincial councils
[millionday] Moreover welcomed the head of the Islamic Supreme Council of Iraq Ammar al-Hakim of the citizen Bloc step to raise their hands for their pensions, returned that position a sign of nobility and a sense of responsibility.
That praised the leader of the Sadrist movement Muqtada al-Sadr citizen Bloc step and giving up their pensions, calling on others to suit the example of citizen block waive their pensions
[millionday] this means that they have given up their pensions at this time and why they would do that -- is very hard to consider
[millionday] i see it as a move to show support for those that have been waiting so that the gov is not getting it either at this time until they are ready to give it out -- all i can say is -- it must not be a long wait
[millionday] smile very different then the support we have witnessed by the goi imo
janiem] millionday - are the pensions for government employees?
[millionday] and the gov entirely as it seems to go along with the wait for the regular citizen -- it appears
NUMBERS] Next Sunday: Distribution of the annual statement
[NUMBERS] 07/31/2013 12:00 AM BAGHDAD - The role of Ameri confirmed the Ministry of Labour and Social Affairs to complete all the procedures and technical matters for the distribution of the amount of bonuses the 100 thousand dinars approved by the Council of Ministers at its recent to include all recipients of benefits of social protection network, as identified on the fourth of August next date for the distribution of the annual statement for the year Current among the beneficiaries of the men in Baghdad and the provinces
[NUMBERS] said Director General of the Department of Social Welfare Salem Gomaa Abdel-Saheb's (Center Brief for the Iraqi Media Network) »that the department has completed all the procedures and things necessary for the distribution of the amount of eidia among all beneficiaries of the benefits of social protection network in Baghdad and the provinces before Eid al-Fitr, which has been sent names covered by the banks, calling on beneficiaries to review the banks and recognizes the amount during the remaining days of the month of Ramadan through the smart card.
The Ministry of Labour and Social Affairs had earlier announced the inclusion of nearly one million beneficiaries of subsidies Network social protection for $ 100 thousand dinars Kaidyh occasion near the Eid al-Fitr.
[NUMBERS] On the other hand stressed Abdul-Sahib said the ministry set next Sunday as the date for the distribution of the annual statement for the year 2013 among the beneficiaries of social protection network in Baghdad and the provinces and the category of men, indicating «that the department has completed all procedures for application forms the annual statement, which will be distributed by the sub-committees nearby among the beneficiaries of well-known shops residence previously, as it will be concluded to the receipt and delivery of the annual statement by the beneficiary for the purpose of viewing and documenting the process formally, calling covered by the need to attach the agency certified in fundamentalist beneficiaries who have agent acting released upon receipt of the subsidy, stressing that he would prevent the beneficiary from the receipt of the annual statement in the case of failure to meet the required conditions. http://www.alsabaah....w ··· ID=51194
[millionday] NUMBERS this is saying that they are going forward with the loading of the cards and the issue of welfare and social security ect and that it is dated to be on sunday -- we shall see if they get them loaded and if we see all of their economic reform actions come to pass
NUMBERS] By looking at that 100,000 dinars is not that much to live on for a month is it??
[millionday] the form is for accounting on the gov level and if this happens it will be documented
[NUMBERS] That would be 25,000 per WEEK... Would not buy much would it?
[millionday] well it depends on if this is for one group -- past amounts -- the whole year -- or which ever -- the information is lacking when it comes to the funding and its amounts expected
[millionday] not sure the timeline they are covering or if this is the amount for who so we have to wait on more info that will come after the fact
[millionday] smile i will keep my eyes open for some type of further info for us
millionday] we may have money moving very soon according to this
[millionday] The head of the provincial council in Maysan Professor Munther Rahim griller on the importance of increasing revenue for social solidarity committee in the coming days came during a discussion of the work of the Commission in the periodic meeting of the Council for the purpose of providing assistance to disabled covered by provisions of the Committee, such as the owners of incurable diseases and poor.
He griller to increase the number of covered under the solidarity fund this, which requires an increase in imports of Finance, which is reflected imports port graying border and balance load is located in the district of Ali al-Gharbi in addition to a number of parking lots in the center of the province announcing the formation of a special committee to work on providing assistance to citizens covered under controls and the contexts in which the focus of the work of the Commission noting that the committee will be to proceed with its work in the coming days, through coordination with the owners mentioned revenue service for the people of the province and provide help and assistance to them
[Glory Boy] If 4 billion units is to become 1 billion units when they do their economic reform (article from several days ago), wouldn't this make it worth 4X more?
[millionday] that is a reference to expense in the country and is for local currency -- it doesnt apply to what the rate is for foreign country`s and their rates but very exciting hun
[millionday] ok everyone that is the news time stuff so if you have anything else you want to bring -- bring it in and lets check it out --