_The IQD Team
"Joey, Vic, Diana, Tim, Debbie & Yukon"
Dec 6, 2011 Replay of CC
"Tonights Call was Dedicated to Our Veterans...both old and new..those that have returned.... and for those who did not return they will never be forgotten"
Conference Call Replay - Dec 6, 2011
760-569-7699 Pin 219055#
Highlights of the Call:
JOEY: Reads an article she called Deb screaming about today...everybody is asking about Chapter 7...the last sentence tells it all in her opinion...."the announcement "APPROVED BY THE SECURITY COUNCIL"....you know they are talking about Kuwait (friendly countries)...as Shabibi said...there will be NO fanfare...they slid in right under the radar...I would say this article sums it all up with NO FANFARE...
Jeffrey: Washington is committed to friendly countries and the need for an independent Iraq a sovereign, pluralistic
06 December, 2011 11:04:00
Jeffrey: Washington is committed to friendly countries and the need for an independent Iraq a sovereign, pluralistic Said U.S. Ambassador to Iraq, James Jeffrey said the United States have great confidence in the institutions of the Iraqi state, stressing the role of free media in the face of challenges that may occur in Iraq. In an interview, Jeffrey said there were threats to the ideology of political pressure and threats, so it is very important to have free media part of any solution can be reached.
Read More Link on Right
For the security situation in general and diplomat said Jeffrey said the United States and friendly countries in the region is fully committed to the need for an independent Iraq, united, sovereign, pluralistic, democratic, and federal, that is what the Iraqi people sought and approved by the UN Security Council.
Building a stable Iraq
By Nouri al-Maliki, Published: December 4 Baghdad
We stand at the threshold of a monumental juncture in the Iraqi-American relationship.
As American troops depart in accordance with the Troops Withdrawal Agreement of 2008, we begin a new chapter based, as President Obama noted, on “mutual interests and mutual respect.” The decision to implement the agreement came after negotiations held with respect for each side’s sovereign and political decisions.
In the coming months, we must mutually focus on economic growth
Iraq has progressed to the stage of state building.
The struggle for reconstruction is no less daunting than the struggle for security. We are working to breach barriers that impede investment so this vision can become a reality. I am working diligently with our Investment Commission to ensure the rights of foreign investors and to create an environment conducive to investment.
I believe these can be solved by combining and expanding the powers of the provinces while adhering to the unity of the state. Disputes concerning our constitution need to be solved through political means.
A solution to the debates surrounding hydrocarbon is paramount to Iraq’s economic growth. I have supported legislation, which has been sent to the Council of Representatives, that would regulate this vital industry and resources commensurate with national partnership and the equitable distribution of wealth.
Click here to read entire article
Joey loves this article
Allawi: ready for reconciliation with al-Maliki if a waiver of his
Editor: SZ | GS
Tuesday, 06 k 1 2011 10:49 GMT
Existing Iraqi President Iyad Allawi Alsumaria News / Baghdad Announced that the Iraqi leader Ayad Allawi, Tuesday, its willingness to reconcile with Prime Minister Nuri al-Maliki in the case of renunciation of his positions against him, believing that this is a golden time for genuine reconciliation, while warning of tensions with no end other than reconciliation.
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Iraq: towards a final settlement of a debt
The First Deputy Governor of Central Bank of Iraq, the appearance of Mohammed Saleh, that «one of Iraq's debt will close permanently at the earliest opportunity, after Baghdad had succeeded in getting rid of most of its debt, leaving only small amounts under negotiation».
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Joey: Let me share some great news about the banks....Are the banks ready...you bet they are...
Calls to activate the role of private banks in economic development 05/12/2011 BAGHDAD - Hussein al-Tamimi Tgb
Rising chorus for the need to work to promote mechanisms of action of private banks in the country, for its prominent role in the process of economic boom, through the services provided to the production and service sectors, at the time called economic experts that exclusive private banks on the basis of solid, and offers advanced services and fast to the public beneficiaries.
Economic expert Qasim Khazraji told (morning): The contribution of private sector banks in the economic and social development is very important, especially in the phase shift which we live today, pointing to the importance of supporting the private and public sectors of these banks to continue and grow in their activities and the development of its business for the better Sectors economic growth began gradually and the global attention towards Iraq has been growing remarkably, which imposes the need for access to private banks is reached by international banks.
He added, the private banks expectations of investment major development but that the material (28) of the Banking Act now to prevent these aspirations has asked banks modified has to understand the central bank that, but did not get modified to the day, indicating that these banks was founded to work with a capital-funded of the Iraqi private sector and contributed to the capital without any burden on the State and that the private sector banks have worked for the investment of private sector funds in the creation of these banks are using their money and their potential in the service of society and national economy, and there must be encouraged and bringing it to the ranks of international banks , especially since it is characterized by the spread over a wide area of Iraq to provide its services to all sectors where they exist in different orientations commercial, industrial, agricultural and construction sector, services and other.
He noted that the private banks a prominent role in the operation of other institutions such as insurance companies and the stock market and has a distinct role in the transfer of shares in the Iraqi market for securities and the feet of investors to buy shares, one of the major investments in front of the citizen, and this service investment by the private sector investor Iraqi and foreign, as they are required to have greater freedom to develop its business, although it started years ago to work for the purchase of banking systems and comprehensive use of accounts and electronic linking its branches network communications via satellite, in which the count of the security situation use the sites outside of Iraq to put his accounts in the sites honest and connect them with the branches and his administration, public agencies in Iraq and imposed here that are homogenous with the public sector.
He Khazraji saying that the financial sector banking civil works funds of the Iraqi private sector and have an active role in the fight against unemployment and employment of graduates with specialties business, financial, legal and graduates of technical disciplines in the accounts and systems programming and disciplinary engineering to work within its staff and has a role in the operation of local employment, He confirmed that some banks recycles ATMs ((ATM and contracting with international companies to service ATMs and management of withdrawals from these devices all over the world, and payments for their purchases using the cards, MasterCard and Visa Card and put it in reach of its customers which is accomplishing an important and newly measured years of age These banks institution in the country, and drew attention to enable them to build relationships with many banks and Arab world to work as reporters notwithstanding the conditions of economic sanctions against the former and the continued existence of Iraq under the table of Chapter VII of the Charter of the United Nations was still an obstacle in front, though the exchange banks to provide all banking services to its customers of citizens within and outside of Iraq from internal and external remittances and letters of credit and letters of guarantee and development processes, etc., as it is moving in its activity, according to the operations of the Central Bank to deal in the fight against inflation.
He pointed to the need to expand the banks use depositors' funds in the operations re-investment and the granting of loans, advances and overdrafts in trade accounts and discount bills of exchange and open letters of credit and the issuance of letters of guarantee internal and external financing the purchase of private cars and productivity, housing, and has thus contributed to the economic activities of the various sectors within Iraq . It also must work to create cadres of banking intern and sophisticated wider than it is through their participation in the sessions banking inside and outside Iraq, noting that many of these banks worked to invest their money in buying bonds, government debt of the various an effective contribution to support the publication of the Ministry of Finance The Iraqi Central Bank of remittances Alkhoznip. And called for a study supported by a unified economic policy and raise some of the barriers from the private sector to exercise active role in the construction and reconstruction and overall development.
Joey: What did Shabibi say his #1 tool for fighting inflation is.....the Reevaluation of his currency and he has set the banks up to make this possible....
Baghdad: banks calls for the cancellation ceiling of bank credit The Chairman of the Board of Directors «North Bank for Finance and Investment» Nawzad David Fattah, dry, to broaden the base of government support for the Iraqi private banking sector, through bank credits granted to them without reference to a specified ceiling. He noted that this support will contribute to the development of activity in the sector to become more effective. The dry statement to «life»: «sector welcomes the decision of raising the ceiling of bank credit to four million dollars, but he would not be feasible for the private Iraqi banks active in the area of finance and lending, in its quest to secure the requirements of project funding, as the post the private banking sector in financing development projects seem very limited and shall not exceed three percent, according to estimates by concerned ». He explained that the failure to determine the value of funds to private banks would support the infrastructure sector banking in ways that enhance opportunities for increasing its relationship to foreign trade, and make it more interactive and able to meet the exceptional circumstances experienced by the country, which is one of the most prominent challenges facing the economic sectors. He stressed dry on the need to «the development of standards for banks that meet the requirements for coverage of open letters of credit it, and a performance sober, accuracy and speed in delivery, and the level of confidence of customers and the amount of capital and its commitment to international standards, which confirms the Central Bank of Iraq need to adhere to the terms of prevention against corruption and poor management and transparency, in addition to the set of values set by the Basel Committee on Banking Supervision ». He pointed out that the Iraqi banking sector is expected to testify in the coming years changes the quality of the investment climate, in the light of the increasing income of the financial resources after the increase of oil exports and raise the prices of oil, which requires the willingness of banks to raise the proportion of its dealings banking at all levels, and therefore emphasize the importance of the launch of bank credit and not identified a specific ceiling.
Joey: Woohoo....BASEL COMMITTEE ON BANKING SUPERVISION...Basel ---
You want an RV....this is where our RV comes from......there has to be money in the banks.....so they can loan money.....if you loan money...they borrow money..start businesses.....they put more even money in the bank...thats how you grow a country..a government Joey...think about all they have done.......and now this...
06-12-2011 | (Voice of Iraq) - Add a comment - Baghdad (news) The International Federation of Iraqi businessmen that the IMF adopt a new organization for the development of the Iraqi private sector and put through the economic policy of the country.
The head of the International Federation of Iraqi businessmen punitive Hamid said in a statement (of the Agency news) on Tuesday: the International Monetary Fund will adopt a new organization sponsoring the Iraqi economy through the development of its private sector and the development of the economic policy of the country, adding: This will be done in agreement with the Iraqi government as a result of the government's inability to draw a clear economic policy.
He said the President of the International Federation of businessmen Iraq: The main objective of the adoption of this organization is to energize the private sector and engage with the public sector in the investment process and the reconstruction of the country, is certain: it will put the Iraqi economy, the general line and on the march, which kept pace with the evolution in the world and regional countries.
What a great night of news, analysis and discussion ...listen to the call for all the rest of the news shared - it was great news....we are getting closer every day......
The Shabibi Train is Moving Faster and Faster......Get R Done!
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