Willoninny: Hello guys, guess the number one currency today?
1. Kuwaiti Dinar (KWD)
One Kuwaiti dinar buys US$3.31
The Kuwaiti dinar is another currency that benefits from crude oil, yet its history is a tangled mess. The currency first came online in 1961, valued at 1:13.33 against the Indian rupee, then went on to be measured against a basket of other currencies. Kuwait momentarily adopted the Iraqi dinar during the Gulf War, and later pegged the Kuwaiti dinar to the U.S. dollar. However, it’s been free-floating since 2007. In 2013, it became the most expensive currency in the world and it still stands in that spot.
BGG [I just heard on Fox news that somebody felt it might take a year to get ice is out of Mozel.] They are HAMMERING AWAY at these guys RIGHT NOW.
This won’t take a year...It won’t take a month…in fact, over the last several days, in spite of HEAVY FIGHTING, there are maps showing the Iraqi regulars holding nearly 20% of the last half of Mosul.
Iraq is hitting ISIS in Syria – CUTTING OFF ROUTES of escape.
This is a “TURKEY SHOOT” about to happen.
Aggiedad77: Wow....when have you heard this much from Allak all at one time.....he's speaking so much truth here....IMO....and he saying moving from a war economy into a more democratic process....one that will create both private and partisan....systematic reforms within Iraq and making headway towards international emphasis.....bring on that market economy.....the world awaits the first dance of this most beautiful girl of the prom......oh bring her out center stage.....IMO. Aloha Randy
Central Bank Governor: We support researchers and experts
By :admin »time \ history: 07:13:11 || February 26, 2017
The country today - a special -
Received the Governor of the Central Bank marked the first version of the book (economic reform and banking methodology in Iraq) during an interview the author, economist Samir Nasiri.
He said the governor for his support to the researchers and experts, and presented the book from which the word explained the importance of themes presented by the author's own methodology and economic reform and banking in Iraq.
The governor said, "Iraq's transition from a centralized totalitarian regime, under the hegemony of war policy and the militarization of the economy and society, to the democratic system, is one of the market economy, the most prominent components, however, that this transformation has yet to settle on a firm and clear rules based on the vision and approach and message and a plan in the field economic, plan delineate the features of an economic model that governs the policies and decisions of economic initiatives, styling and overall financial state paths in line with the philosophy of the new state. "
He added, "has played the challenges of the circumstances faced by the country, destroying terror infrastructure and opportunities for the construction, development and investment on the one hand and on the other hand, took a political competition walks aimed at achieving partisan and private interests at the expense of public interests, and at the expense of the legislation and the decisions required by the development of the Iraqi economy process tracks and the correct policies, so the greater the need to make structural reforms and a broad objective and builders changes for the advancement of reality. "
The book, which is in our hands "systematic economic reform and banking in Iraq," authored by economist and banking professor Samir Alnasiri raises important methodology in the process of reform.
Come significance in terms of : connecting the close of the financial sector reform and promotion and the reform of the imbalances in the structure of the economy, where the strength of the role of the banking sector is largely based on the strength of the economy and the stability and diversity, and its role in supporting and stimulating the private sector as the fundamental basis for the economy and growth. And linking closely between the economic, financial and banking reform and the establishment of institutions and entities capable of management, planning and mobilization of resources towards development, including (Economic Council) and (National Provident Fund) and ( the supreme body of the import and investment) and (National Business Council) and (Bank for Development and Investment (f) microfinance Foundation), as well as linking the reform process of the inter legislation and amendments to the procedures and policies.
As well as the importance of the book comes from where the link between the production base and national composition and between domestic and international financing process form that employs the resources available from those sources main employers meaningful and productive.
The book also has not ignored the relationship between the tasks of reform and the specifications and qualifications of those who manage those processes of experts and specialists who possess and a high degree of sense of responsibility, integrity and independence ..
And that's where the financial and monetary policy represent the bases of economic policy, the book dealt with their respective roles in the process of economic reform, as well as the role of the Iraqi Central Bank in supporting the national economy on the one hand and its role in the advancement of the banking sector and financial institutions, non-bank.
Finally, the importance of the book and what was mentioned in it is that the writer, a professor Samir Nasiri spent many years in the monitor and keep abreast of the Iraqi economy and the banking sector, and was able to follow up on it vigorous and rich experience, be carried out to deeper problems and challenges and phenomena, making its methodology in charting solutions and treatments based on the reality of pension and experience rich, coupled with the national sense of the Savior, and high sense of responsibility, all in the objectivity and professionalism and neutrality framework.
I wish I could take the ideas contained in the book is the way to reality in order to correct the imbalances and tracks, and I hope for the successful writer Aziz Time town and serve his people
Currency 365 Evening Report Extra https://youtu.be/XqH2CAD_oP
Celia: Where are they getting the money for these big projects?? Hmmmmmmmm
Trump teases 'big' infrastructure announcement in speech
BY MELANIE ZANONA - 02/27/17 11:28 AM EST 173
President Trump hinted that he will be making a “big” announcement on infrastructure during his joint address to Congress on Tuesday.
“We’re going to make it easier for states to address their infrastructure, and I’m going to have a big statement tomorrow night on infrastructure,” Trump told governors visiting the White House on Monday. “We’re going to start spending on infrastructure big.”
The governors are in Washington for their annual winter meeting and met with Trump to talk about a variety of issues. Infrastructure has been a top priority for both the new administration and cash-strapped states, and the National Governors Association was tasked with compiling a list of potential projects for the White House to consider, including in a rebuilding package.
But although Trump has long talked about the need to repair crumbling U.S. roads, bridges and highways, he has yet to map out his ideas in detail. Trump's speech could offer the first real glimpse into his infrastructure plans.
So far, the only hints about how the administration intends to tackle the issue have come from a white paper that was floated on the campaign trail. That blueprint would offer $137 billion in federal tax credits to private companies that back transportation projects.
But that doesn’t necessarily mean a legislative proposal is soon to follow. Axios reported last week that the administration and Republican leaders are considering punting on an infrastructure package until 2018, in an effort to give Congress more breathing room to address other GOP priorities this year.
Trump, however, emphasized Monday that fixing the country’s infrastructure remains an urgent priority for him.
“And it’s not like we have a choice. It’s not like, ‘Oh gee, let's hold it off,’ ” Trump said. “Our highways, our bridges are unsafe. We have tunnels in New York where the tiles on the ceiling, you see many tiles missing … and you see all this loose material that’s heavy.”
“Every time I drive through, I wonder how many people are hurt or injured when they are driving 40 or 50 mph an hour and a tile falls off?” he added
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