Sunday, June 15, 2014

Millionday Tuesday Night News Part 1

Millionday Tuesday Night News  Part 1

06/11/2014
Millionday News 6//10/14  Part 1

    Welcome To Tuesday Night News Time With  Millionday!

    [millionday] well i have to say we have some good news tonight   smile ok i am bring the first sentence and i did not write it  --so here we go   hold on to your hat

    [millionday] ruled out an economist and a relationship between the Iraqi government's actions and the high exchange rate of Iraqi dinar against the U.S. dollar, and expected recovery in the dollar to its previous status within days.smile

    [j10000] boom
    [tbell] Woooohoooo!!!!!!! Love it!!!!!!
    [dovi] whoopow
    [sheila3] whooopow

    [millionday] note -- i have a feeling that we will like this one  -- there is much more so lets see what it says but – wow   good start   note -- it gets better
~~~
     [millionday] here we go  --  The economist said the appearance of Mohammed Saleh told the "future" on Sunday (June 8, 2014) that the Central Bank of Iraq is responsible for the policies of the stability of the exchange rate of the Iraqi dinar against foreign currencies, the only one who has the mechanisms and authority for the stability of the exchange rate of the dinar in Iraq.

[millionday] note -- it appears that CBI is getting pressure  smile

    [millionday] He The decline in the dollar exchange rate is normal because of the policy currently in auction Central Bank of Iraq and the mechanics of the entry money transfer companies to auction the central bank without the mediation of banks,

 where the drop in the price of buying and selling the U.S. dollar and foreign currencies is a positive thing for the policy of national exchange,

trade and good phenomenon the fact that Policy auction sales CBI is still going on despite the fact that government spending is restricted during the current period due to the failure to approve the budget, especially since the central bank sales big and spend liquidity being approach high.

    [millionday] note -- these are all the good things happening and also they are saying that everything is in place but the budget and that is what is holding back funds for projects but seems to appear ineffective in what the CBI needs to do for the country

    [millionday] benefit of "no income security conditions taking place in Iraq, down the dollar exchange rate during the days browsing the fact that terrorism and the security situation been going on for years and become one of the axioms cash market in Iraq.

   [millionday] note -- meaning all the excuses have been going on for years and can not be used

    [ROBINREDHED] finally

    [millionday] we have seen that statement before from the world bank and the imf if i remember right

    [millionday] whooopow

    [millionday] He said economic expert: There are no stated policy on the relationship of the government and the central bank to increase the exchange rate of the Iraqi dinar, as the central bank attribution to enter the money transfer companies to its daily auction without the mediation of banks,

adding that the financial market has sufficient amounts of foreign currency and the exchange rate does not affect the low for the market and the rate of movement of the sale and purchase of foreign currency in Iraq.

    [millionday] in other words -- what is going on with the gov is not an excuse or important -- things are in place and the foreign exchange is also in place with accounts

    [millionday] i likey that one

[En4cr] has there been any press about Mosul being over run having any effect on this?

    [millionday] yes that one -- it is saying security-gov - budget-and all else has no effect -- it is CBI `s job to move the rates

    [millionday] smile

    [En4cr] OK, that is what I was hoping for

    [ROBINREDHED] i knew it!!!!

    [millionday] love it!  Smile   brb with more

    [millionday] here we go  smile   --  A member of the parliamentary Commission on Security and Defense MP, of the State of Law coalition, Abbas al-Bayati denied the government's intention to impose a state of emergency in the country, after the fourteenth of this month,

 against the backdrop of recent security incidents in Anbar, Mosul and Samarra.

Bayati said in a statement to the National Iraqi News Agency "The news regarding to this is baseless, on the grounds that the government does not need to impose a state of emergency and martial law in the country because the security forces in Baghdad and its edges are enough to repel any possible attack by terrorists."

pointing out that" the terrorists blow up car bombs and roadside bombs in Baghdad and its edges, and this does not require the imposition of a state of emergency in Baghdad.

    [millionday] note -- it is not going to happen and is not needed to have a state of emergency

    [millionday] Bayati added,: "After the fifteenth of this month, we will head to the first session of the new parliament and form a government, after the Federal Court approved the names of the winners of the election."

He explained, "The aim of this news about imposing a state of emergency or martial law in the country is to disrupt the talks on forming a new government and dialogues between the blocs."

    [millionday] note -- as expected it is stated here it was a political statement

 [millionday] It is mentioned that news indicated that the government is intending to declare a state of emergency after June 14, in certain regions and provinces, after the serious deterioration of security in those areas.

    [millionday] so this will not happen  --  there is much more on things going on in the news

    [Florida Country Girl] does this mean they are taking some of the oo's out of soon

    [millionday] what they are talking about is releasing the actual reality rates to the international currencies as in the USD ---and the value in the country

    larrykn] I thought we were to get info on who won the elections today or are we to wait till the 15th

    [millionday] they said the formal release of the names will be from the federal supreme court

    [millionday] will be on the 15th but looking for other announcements for us

    [millionday] here we go

 [millionday] Presidency of the Council of Representatives called on Prime Minister General Commander of the Armed Forces Nouri al-Maliki to attend the emergency session of parliament next Thursday to discuss the security situation in the country.

A well acquainted source informed the National Iraqi News Agency "The House of Representatives will discuss the issue with al-Maliki to declare a state of emergency, and discuss the deterioration of security.

The House of Representatives received today a request from the Council of Ministers and the Presidency of the Republic to declare a state of emergency in the country as a result of the deterioration of security.

    [millionday] that is what they are saying is not going to happen

    [millionday] very interesting the timing on that call by maliki

    [millionday] brb with more

    [millionday] here we go with the US there

    [millionday] Deputy State Department spokeswoman Marie Harff, said Deputy Assistant U.S. Secretary of State Brett Makourk stressed the importance of the return of Arbil and Baghdad for talks for an agreement on energy exports and split the proceeds.

According to the announcement by the U.S. State Department, continues to Deputy Assistant U.S. Secretary of State Brett Makourk talks since arriving in Iraq Saturday past with officials of the Kurdistan region to discuss the political and security situation and push for the resumption of relations between Erbil and Baghdad

    [millionday] note they have been there for days and are now in iraq

    [millionday] indicated Harff that the U.S. envoy will travel to Baghdad later on Tuesday to meet with a group of Iraqi leaders from across the political spectrum have not designated to discuss the growing threat of the recent attacks in Mosul .

Harff added that Makourk urge Baghdad as well as the importance of renewing discussions on line about the oil crisis.

    [millionday] obviously the split of oil proceeds and throwing up of the hands is not the best result -- it will be interesting to see what our gov can accomplish

    [jtank] this is a portion of HCL?

[millionday] jtank the kurds have been saying that meetings have been going on about the hcl -- article 140-budget-and the gov formation

    [millionday] they are to meet again on this thursday all of them formally

 [letsroll] has something changed to allow turkey to send off more kurdistan oil

    [millionday] no -- the oil in Turkey belongs to Iraq/kurdistan -- its in storage  brb with more

    [millionday] remember how najafi was helping and going to be a part of the gov and was bringing or helping to bring charges with maliki and then maliki tried to bring charges against him for the budget?

    [millionday] A high-level delegation included a number of officials of political and human rights files of the Office of the UN in Iraq, met in an unannounced visit, with the religious authority, Sheikh Bashir al-Najafi.

    millionday] an unannounced visit took place today  smile

    [millionday] brb with more there is nothing more on it

    millionday] oh this is a great one

    [millionday] here we go

[millionday] Farah pumice In order to get economic development of the country and to promote the process of reconstruction, because there must be a banker integrated and discreet responsibility to support investment,

called for an economist to emphasize that taking sanctions against the banks may give negative signals to the foreign investor presence stumbled, and that the environment is ripe and repellent Estmar.

The central bank may impose a trusteeship on the "Economy Bank for Finance and Investment," because of the deterioration of the bank's financial and inability to fulfill its financial obligations because of mistakes and unsound practices committed by the bank and the debacle over the obligations to its customers and the safety of banking and financial system in Iraq.

    [millionday] note -- CBI is just taking control and trusteeship  - to not send a bad message and i will show you why in a few

    [millionday] considered the bank a joint stock company does not come back for a single person and so the actions taken by the central right of any bank falls on all shareholders,

according to economic expert on behalf of Jamil, as explained for "morning" that all banks operating within the framework of the Iraqi economy and spoke to have violations of the law,

and the central bank sergeant on these banks it is possible be counseled and mentor to these banks after committing big mistakes and frequent therefore must take the necessary steps right

    [millionday] note -- this is talking about what we like shareholders are the ones that any business are most concerned about -- always or you are not a good business -- they are also the ones that sell shares on the STOCK MARKET

    [millionday] ALWAYS REMEMBER BANKS ARE BUSINESSES -- THE PRODUCT IS TENDER AND SERVICE

    [millionday] But the beautiful preferably provide financial support instead of imposing guardianship on the bank concerned to avoid the erosion of the rest of the banks with the same conditions, saying:

"In 2009, I met an official of economic activity in the U.S. embassy in Iraq, where I asked him how the state backed banks after the economic crisis experienced by the the United States in 2008 was affected by most of the world, especially that it (the United States) with a free economy?,

 he replied that these amounts back mainly to those banks were Asthsalha through taxes at a time of activity and recovery, and now serves as a lender to be retrieved doubling of taxes and limit the degradation economy in the country. "

[millionday] note shareholders also hold shares

    [millionday] note -- they are saying that the news about the bank is not productive and with all that happened in the US it shows that it is not needed ---

they will pull out but i say why would they wait to see>?

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Part 2  Thank You



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