Millionday Roundtable 8/30/13
[millionday] i have spent the time to look at the many translations in the search to find when the next period is and this is what i have found
[millionday] the word they use is used for next -- coming up --- up coming --- as in coming time not in a defined time but as a reference to coming up
[millionday] what i mean by this is --- it is not the next quarter ---- it means in the future as in next not in the past -- as in last that is the only defining meaning of it -- so it gives us no time -- it is just referring and there is something else we should discuss
Read More Link On Right
[wmawhite] millionday millionday .future tense.
[millionday] the timeline for the entry of the isx to the global market seems to be the next quarter ---in my opinion ---- and by many statements we have seen --- ect so the question we should ask is this
Dinar Sweetie] So next period can mean end of week, end of month, end of quarter or end of year and even next year. lol, Thanks for trying and researching
[millionday] how long before the release of the stock market would they want the monetary policy in place in the hopes of making that big impact that maliki was referring to? so in my opinion --- it would seem that they would want it to be effected sooner --- just a thought
[Dianne777] millionday so next quarter would be oct 1, right, so surely they would rv b4 that?
[belabun] millionday one would surely think so!
[Horizon0000] Millionday agreed
[marketralley] Million.....does the donor nation still mean anything. Or better yet, do they have to me international to be a donor nation next year?
[Dianne777] well that and they are coming up on the full membership to wto in dec, right?
][millionday] this is not saying that we know when --- this is just a discussion on what we all think -- it is not like Iraq has done what makes sense -- but it makes sense to me
[millionday] marketralley i dont know
[Fresh] Markets ripping off lows of the day - Kerry seems to say we wait and see on very limited military action
[bluedog2] millionday hello. Interesting that you bring this today. I had this discussion all by myself during this morning's commute.
[millionday] Dianne777 they have had their application for a while now and were to apply the tariff and customs law before and they have that in place -- they are on the calendar for December for accession --- but that could change
[wmawhite] Fresh .............wow........................Kerry starts off strong and then drops everyone off the edge without any clear decision.
[millionday] this is very interesting
[millionday] Path Solutions, the world’s number one Islamic banking software provider, today announced that Kurdistan International Bank for Investment & Development (KIB), the leading bank in the Kurdistan region and one of the most successful Islamic private banks in Iraq has started its operations using Path Solutions’ iMAL as its core banking solution after two months of successful parallel run replacing the bank’s legacy system.
[wmawhite] millionday ....it appears that a lot of the banks continue to upgrade their systems.
[millionday] yes they are completely prepared to go international and have applied all provisions
[millionday] Path Solutions’ iMAL will enable KIB to improve the efficiency of its operations and excel in an increasingly competitive marketplace. The implementation of iMAL covered the following areas in line with the bank’s current and future needs; Branch Automation, Trade Finance, Islamic Financing, Fixed Assets, Treasury, Profit Calculation, Personal & Payroll and SWIFT messaging.
[millionday] The choice of Path Solutions’ iMAL has been made after a detailed evaluation and analysis process carried out by KIB for its new Islamic core banking solution, inviting several IT suppliers to take part in the tender. In the evaluation of different bids, only iMAL solution passed the test successfully both on the functional and technical aspects.
Sheikh Salar Mustafa Hakim, Chairman of KIB said, “We are delighted to be working with Path Solutions to help the bank realize its goals and tap new opportunities.
We were impressed by Path Solutions’ commitment to Islamic banking standards and how the solution matched our development plans in becoming one of Kurdistan most modern and service-oriented banks”.
[wmawhite] millionday ......Remember, the NASDAQ sold to the ISX their software that will enable the ISX to trade real-time.
[dinarmamma] What do you think about China wanting a GLOBAL CURRENCY?
[millionday] He further said, “With the support of Path Solutions’ management, their team’s recognized and trusted professional expertise and the richness of the system in terms of functionality and scalability, I believe we can achieve this.”
Commenting on the implementation process, Alain Abou Khalil, SVP Global Professional Services at Path Solutions said, “There have been challenges along the road that made the project running very slow and kept it on hold for some time.
However, our persistence and determination in achieving it and the total commitment and dedication of KIB staff and management have led to an outstanding success”.
[millionday] dinarmamma i find it impossible --- but many believe in it
[tiger_ag] sounds like Kurdistan has made the move to current technology
[wmawhite] Fresh ........Kerry's speech is being described as a "melodrama."
[millionday] many people see it as something that is right around the corner is what i meant to say
[dinarmamma] Does it effect our investment?
[millionday] KIB makes distinguished contributions towards the reconstruction and development process in Kurdistan in particular and Iraq as a whole, following the motto: ‘Continuous Progress, Transparency, Trust, Security, Reputation, and Creativity’.
[millionday] dinarmamma it will effect how much value the usd holds in the future and it would effect global trade in all phases
[millionday] so i will let you all continue talking about syria and the issues coming from that -- i just wanted to bring that update on the regions banking
[bluedog2] millionday I remember last September and so many feeling that it should happen then
[millionday] so see you tonight at 730 est with news time
[bluedog2] I now realize the mechanisms weren't in place a year ago. I hope it happens in the near future. Thanks as always.
[millionday] bluedog2 that was due to the audits that were done within the country