Millionday Roundtable 3/25/15 Part 1
Welcome to dinarupdates.com for Roundtable with Millionday!
Millionday: Agencies linking open rival market supply and demand directly connects Beneficiaries together without difficulties.
However inter developments witnessed by the world in recent times, and the spread of Internet use is widely exceeded expectations, the World Wide Web and the entry of most areas of life electronic devices fixed and mobile, was the emergence of many websites are a must,
in line with the requirements of life of the marketing and supply and demand and Social connectedness and so on from the concerns of the various individuals.
Millionday: NOTE -- THE SUPPLY AND DEMAND MARKET INCLUDES INTERNET NOW SO THEY ARE TALKING ABOUT THE USE AND NEED ETC
Millionday: ad service offered by some of these sites were of great importance in the field of e-commerce users and consumers and to them.
Market Com among sites that won consumer confidence and increase sales dealers both in the Middle East open market site, or what users have dealt with the name of com market,
which work on linking movements of supply and demand directly connects all parties benefiting each other without any difficulties or procedures cost them a lot of time and effort and also money.
Millionday: NOTE -- THEY ARE TALKING ABOUT MARKETING COM AND THE SERVICE OF ADVERTISING THEY OFFER AND THE NEED
Millionday: E-marketing this market leader in the field of classifieds and longer, which is considered the best and optimum mail marketing operations deployed on the Internet,
the ability to attract the largest number of individuals and consumers and providers of various services, which are usually associated with the commercial sectors of different types and shapes,
Depending on the requirements of the market and consumers. advantage of this site in the Middle East, including possessed of ideas translated into successful operations,
where she worked on the translation market requirements, which ranged between individual traders and various service providers and individual consumers to Classifieds able to reach the target groups wherever they are and at any time.
Millionday: SO OBVIOUSLY WITH THIS BEING SENT OUT TO ALL OF IRAQ -- THEY ARE DISCUSSING THE MARKETING OF THEIR MARKET PRODUCTS ON-LINE
AND ALSO THE NEED FOR TRANSLATION THAT THEY OFFER AS WELL AT ANYTIME --- SO THIS IS WONDERFUL TO EVEN SEE THE NEED ARISE FOR THIS REPORT ----- SMILE
Millionday: SEE THAT IS WHAT I WAS SAYING THE OTHER DAY -- YES IT IS VERY BAD IN SOME AREAS IN IRAQ -- BUT THIS IS THE 21ST CENTURY -- THEY DO NOT TRADE AS THEY DID IN OTHER WAR TIMES –
SO SOME ARE REPORTING AS IF ALL BUSINESS IS DONE WITHOUT THE STOCK MARKET AS IT IS ELECTRONIC -- AND ALSO AS IF E-COMMERCE IS NOT A DECIDING FACTOR OR EVEN CALCULATED FACTOR
Millionday: YOU TELL WHEN THEY SPEAK
Millionday: YES IT EFFECTS LOGISTICS BUT NOT AS ANY OTHER WAR TORN COUNTRY COMING FROM SANCTIONS THAT WE CAN COMPARE ---
Millionday: MAKE SENSE ?
Millionday: BUT IT CERTAINLY IS A LITTLE DIFFERENT -- ACTUALLY VERY VERY DIFFERENT THAN IT WAS BEFORE
Millionday: Hashemi endorsed a specialist economic government went to borrow from the inside through the sovereign debt launched by the Ministry of Finance bonds to the public at home and abroad to reduce the proportion of the budget that was caused by the decline in world oil prices since June last year's deficit.
In this regard predicted economic Academic Dr. Majid Baidhani to accept a large audience of traders stock in the stock market on the acquisition of government bonds by the Ministry of Finance plans to launch soon.
Millionday: NOTE -- WE HAVE SEEN IN MANY REPORTS --- BONDS BEING LAUNCHED SOON -- HOWEVER -- TRADED IN THE STOCK MARKET IS GREAT TO SEE IN INK -- SO I LOVE THIS REPORT AND ITS EXPLANATION
Millionday: He said in a statement the "morning": Culture is owned by traders stock in the Iraq Stock Exchange are well aware of bonds and returns the value of which Stderha them for possessing experience and expertise in the bond and stock value Almalah.okan Finance Minister Hoshyar Zebari,
the end of last week declared that Iraq is considering the issuance of international bonds denominated in dollars for five years worth five billion dollars to help bridge the budget deficit will soon begin to pay some dues oil companies
Alojunbah.oahar academic economic to the financial factor is one of the more factors that affect the credit rating of sovereign debt because
Millionday: NOTE -- IT IS NOT UNUSUAL TO SEE BONDS BACKED BY US DOLLAR --- INVESTMENT IS WHAT IT IS CALLED AND THE US DOLLAR IS HELD BY IRAQ AS A RESERVE CURRENCY SO THIS IS FANTASTIC NEWS ---INVESTMENT
Millionday: that would lead to the degree of the world rankings for the national economy changed for the better, calling for speeding for the purpose of Iraq for sovereign credit from international credit rating agencies rating "Fitch, Moody's and Standard & Poor's" and the application of mechanisms and standards to improve the degree classification to become within the investment-grade low-risk, which will contribute to increasing the state's resources, allowing the country to attract investment companies and access to global capital markets and access to finance the appropriate cost.
Millionday: NOTE -- "Fitch, Moody's and Standard & Poor's" IS THE LAST OF THE THREE TO REPORT THE CREDIT RATING FOR IRAQ -- THEY NEED THE THIRD AND ARE STATING HERE THAT THIS WILL ALLOW INVESTMENT COMPANIES AND ALSO ACCESS TO CAPITAL MARKETS -- THAT IS CURRENCY MARKETS
Millionday: >>>>>>>sovereign bonds ndash; according to Encyclopedia and Akebedea- are bonds the government issued generally to pay a certain amount at a certain date,
as well as periodic interest rate for a certain period of time, with a specific interest rate, for a company or a country payments, usually government bonds are denominated in special currency in the country.
Millionday: NOTE -- US DOLLAR
Millionday: Baidhani emphasized that in the event of a percentage of bonds abroad, the demand will have more because of that enjoyed by Iraq of a good reputation in terms of high obligations to repay its debts over the past years, in addition to having multiple economic resources,
noting that the borrowing from home reduces the need for external borrowing as well as the percentage of interest on foreign loans (International) would be great, despite the length of repayment,
while borrowing from the inside is available and accessible to the presence of large Aktnazac is invested in the private sector.
Millionday: NOTE -- SO THIS IS HOW IT HELPS THEM -- INTEREST AND ALSO THE BONDS ARE FROM WHAT THEY HAVE -- US DOLLAR BACKED
Millionday: NOTE -- THIS ALLOWS IRAQ TO MINIMIZE THE BORROWING THEY WERE EXPECTED TO DO AND THEREFORE HELPS WITH DEFICIT
Millionday: The Finance Minister Hoshyar Zebari between in a statement, "we think of borrowing through government bond issue worth five billion sold outside Iraq ",
pointing out that his ministry" has issued treasury bills for the year worth four trillion dinars, equivalent to about $ 3.5 billion in the local market on behalf of the Ministry of Oil and may issue additional authorizations of $ 1.5 billion. "
Millionday: SO as WE SEE THE BENEFITS HAVE BEEN STATED HERE -- GREAT TO SEE
RML: Yes, this scenario gives the financial structure of Iraq a definite validity. But this very important step forward still does not indicate a tradable sovereign currency, as of yet...
Not being a nay-sayer, it just seems they are still kicking the currency reinstatement down the road, albeit with shiny new cans.
Millionday: I UNDERSTAND WHAT YOU ARE SAYING -- IN ORDER TO HAVE THE BONDS SOLD ON THE STOCK MARKET --
THIS WOULD ENTER THE STOCK MARKET NATURALLY TO THE CURRENCY MARKET DUE TO THE GLOBAL/INTERNATIONAL MARKET THAT IT WOULD CREATE
RML: Yes, exactly...
Millionday: AS A RESULT OF ALL OF THIS ACTIVITY THEY WOULD NEED A TRADABLE CURRENCY AS WELL AT WHATEVER PRICE THE GLOBAL PRICING INDEX CALCULATES ---IT IS ALL TOGETHER
Dr Dave: Have they not been talking about issuing these bonds for the last 6 months or more?
Millionday: YES -- THEY ARE MISSING ONE OF THE CREDIT RATINGS AT THIS POINT ACCORDING TO THIS REPORT
Millionday: THE THING IS THAT -- THESE ARE GLOBAL/INTERNATIONAL BONDS -- THEY REQUIRE THE MOVE TO A TRADABLE CURRENCY
Papatom: they have to have a tradable currency to offer them...even if they aren't denominated in dinar...i believe...
Papatom: they are not in the system if they are not tradable
Millionday: SOME SAY THAT THEY DO NOT ---- DUE TO THE TIMELINE OF 5 YEARS --- BUT WITH THE CREDIT RATING ETC THAT HAS TO BE DONE –
FOR INSTANCE -- THE STOCK MARKET WILL CARRY THEM ---(GLOBAL/INTERNATIONAL BONDS) --- THIS WOULD HAVE TO ALL WORK TOGETHER
Papatom: but you can't have an international credit rating...if you aren't international
Millionday: I HAVE TO SAY REMEMBER THAT THIS TOOK THE WORLD EXPERTS SO FOR US TO KNOW THE ENTIRE SYSTEM -- IT IS NOT POSSIBLE
Millionday: THEY ARE REPORTING THEY ONLY NEED ONE MORE CREDIT RATING BUT THERE ARE THREE --
Millionday: SO AS WE SEE -- EVERYTHING WORKS TOGETHER LIKE SOME LARGE ECONOMIC PROGRAM OR EVENT
TONYV: Do you believe we are still waiting on any laws before an RV can happen?
Millionday: I DO BELIEVE THAT SOME OF THE COMMERCE LAWS AND INTERNATIONAL LAWS ARE NEEDED BUT THEY HAVE MADE IT SO CONFUSING WITH WHAT IS DONE AND WHAT IS BEING DONE OR EVEN WHAT IS IN A BASKET -- ON THE SHELF OR UNDER THE BED THAT IT HAS BECOME VERY HARD TO FOLLOW THE ECONOMIC LAWS
TONYV: Thanks MD. I thought we might hear the CBI say parliament needs to pass laws if they were needed.
Millionday: THEY HAVE NOT REPORTED SOME OF THE LAWS THAT ARE OBVIOUSLY DONE -- AND STATE THAT THE ERBIL AGREEMENT IS ACTIVATED BUT SOME OF THE HCL IS STILL BEING AGREED UPON ? -- IT IS RIDICULAS
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