[BigDog-OH] 8-19-14 Arthur: Great to see how many have now come to see how this event is and always has been about the country of Iraq and their political and economic stability per the CBI/AOP...They are now in the process of undoing all the corruption of the former regime.
How long that will take can only be guessed but mine would be not extremely long from what I am hearing from sources that are involved in that process among other things.
And then there is the factional haggling that is being done regarding all the amendments and adjustments to the current budget which has to have the HCL already in it.
Bailey2: Stryker] Parliament is holding session today and we wait to see if the budget gets brought up. Designate Prime Minister Abadi will present his new cabinet to Parliament next Monday August 25th.
[BigDog-OH] El-Erian: World Bank, IMF Must Be Reformed to Avert Global Flare-Ups http://www.newsmax.com/finance/el-erian-world-bank-imf-ukraine/2014/08/18/id/589379/
[firefly] Baghdad (AIN) –The Council of Ministers held its meeting on Tuesday with the absence of the Kurdish Ministers.
An informed source stated to AIN "The meeting was headed by the outgoing Premier, Nouri al-Maliki, where the Kurdish Ministers did not show up in the meeting."
Some observers expects the CoM meeting on Tuesday will be the last meeting for the outgoing cabinet. /End/
Follow events, forget all the intel ;)
[BigDog-OH] John was in trouble, really big trouble. You see, he forgot his wedding anniversary and, if you’re married, you can imagine what he’s probably going through. His wife was really pissed. She told him “Tomorrow morning, I expect to find a gift in the driveway that goes from 0 to 200 in 6 seconds AND IT BETTER BE THERE!”
She was serious too, so John got serious.
The next morning he woke up early and left for work. When his wife woke up, she looked out the window and sure enough there was a box gift-wrapped, right there in the middle of the driveway.
Confused, the wife threw her robe on and ran out to the driveway, brought the box back in the house and opened in with much anticipation. Inside she found a brand new bathroom scale. John has been missing since Thursday.
Bangladesh keen to join BRICS Bank
Posted by BaNDiTo.RoX on August 19, 2014 Star Business Report
Bangladesh is willing to join the newly-formed BRICS Bank though the multilateral development bank is yet decide on whether it would include any country outside the five founder nations.
“We have decided to join BRICS Bank,” Finance Minister AMA Muhith told reporters after a meeting yesterday with Asian Development Bank Vice-President Lakshmi Venkatachalam at his secretariat.
Officially called the New Development Bank (NDB), it was formed in July 2013 by the emerging markets of Brazil, Russia, India, China and South Africa as an alternative to the US-dominated World Bank and International Monetary Fund.
Each of the five nations will initially contribute $10 billion to bring the bank's starting capital to $50 billion. Its primary focus of lending, scheduled to start in 2016, will be infrastructure projects.
However, NDB is yet to decide on whether it would give membership to any country other than its founder members.
Finance ministry sources said the Economic Relations Division has sent a letter to Bangladesh ambassadors in the five countries to enquire whether the country can join the bank.
Bangladesh has also communicated to Indian High Commissioner in Dhaka Pankaj Saran its willingness to become a member of NDB.
ClassyONE Great research BaNDiTo! Wow! There are many other countries wanting to join BRICS. That's great! We should follow this closely because if they do it make be a worthwhile investment if they still plan on using their own currency. Blessings!
Susan :Bangladesh, is one of the 'N-11'. They want to join BRICS. This will be something to follow. How many countries is it so far that have voiced that they would also like to join BRICS? Thank you, BaNDiTo.RoX!!
Frank26: " KTFA FAMILY we will not have a CC TOMORROW BECAUSE we are waiting for some info that will be coming in tomorrow and we will be ready on Wednesday."
Monday ... Tuesday ... Wednesday ... TA DA.
C U tomorrow ......... Well done SAGER......
BTW ........ There is more coming from the CBI.
KTFA, Frank..... It is NOT THE ARTICLE (See Below) ..... It is that THE CBI is preparing to talk.
Sager » August 19th, 2014,
Project will lead to reducing the rate of the national currency in circulation from four billion to one billion notes Posted by Iraq News Journal on Aug 18, 2014
A member of the Finance Committee MP / coalition of Kurdish blocs / Dler capable, that the relative improvement of the value of the Iraqi dinar against the dollar during the current period, making some states want to deal with it. He is capable of: that the Iraqi dinar is improving day after day, thanks to the new monetary policy pursued by the central bank, prompting some countries such as India and neighboring countries wishing to deal in the business processes. He pointed out that the increase in the confidence of the world in Iraqi dinar will make it difficult international currency, likely that the coming weeks will see an improvement over the value of the dinar against the dollar, and this will enhance the confidence of the world with it.
India has approached the Iraqi government the adoption of dealing in local currencies in the process of commercial exchanges of the two countries instead of the dollar and currencies in order to support the Indian and Iraqi forces. The Finance Committee has confirmed that 2014 will see the deletion of zeros from the Iraqi currency, are described: The deleted will be in coordination with the Central Bank. The committee member said Abdul-Hussein al-Yasiri in a press statement: The process of deletion of zeros from the national currency will begin during 2014, through an agreement with the central bank, noting: This project will lead to reducing the rate of the national currency in circulation from four billion to one billion. Added: The value will be reduced to the size of the quarter, and this will enhance the value and easy to transport, pointing out that fraud or manipulation of currency cash, it will be very difficult. The CBI identified earlier in the beginning of this year will see the implementation of the project to delete the three zeroes from the national currency, but the Iraqi government has demanded the bank to wait to apply the project, fearing the emergence of counterfeit currency during the switching process.
Millie : FRANK, QUESTION: WHY WOULD THEY COME OUT WITH THE 2014 BUDGET FOR IRAQ NOW IF THEY ARE THAT CLOSE TO 2015? WOULD THEY NOT WAIT AND START THINGS "A FRESH" ON THEIR OCTOBER 1, 2015
ricklibby :Hi Millie; the 10/01/14 date is the date that the USA new fiscal year starting. Iraq's new fiscal year is 01/01/15.. also to combine the two yearly budgets is actually unconstitutional.. in Iraq