Millionday
Monday Night News Part 2
07/01/2014
Millionday News 6/30/14 Part 2
Welcome To Monday Night News Time With Millionday!
[timandjulie] Million do you have a cut off date if you see no RV meaning your confused
[millionday] timandjulie what do you mean ? a date that means it wont happen? no -- i do not -- the thing is this the market they are trying to enter requires through global economics for a reality rate to be used in the price index globally and also for fair trade and also the reality has to be given to the price of their currency in forex and in international acceptance
millionday] the currency is imposed by rate --- the plan is written by many and the date is set by others that will not release it due to law and the market dive and success it would create ---
~~~
Welcome To Monday Night News Time With Millionday!
[timandjulie] Million do you have a cut off date if you see no RV meaning your confused
[millionday] timandjulie what do you mean ? a date that means it wont happen? no -- i do not -- the thing is this the market they are trying to enter requires through global economics for a reality rate to be used in the price index globally and also for fair trade and also the reality has to be given to the price of their currency in forex and in international acceptance
millionday] the currency is imposed by rate --- the plan is written by many and the date is set by others that will not release it due to law and the market dive and success it would create ---
~~~
the rate is a calculation and
to sell oil in the global market and products they have to have a fair trade
rate -- all the products have to be at a rate that would be paid and not allow
unfair trade
[millionday] in order to have fair market trade and protect their stake holders they have to also have a fair price for their dinar -- make sense ?
[faith1] In Your Opinion ,,, If GOI is seated and PM announced,,, how long can Iraq continue to use USD ? can they trade and ISX in USD ?
[millionday] the esx (erbil stock market) is traded in Iraqi dinar and also the national set regulations makes the dinar their national currency
millionday] the isx will be in Iraqi dinar due to that regulation and will be a product for sale on that market -- let me say something
[millionday] i receive as many of us do -- invites to trips and discounts for trips and cruises ect -- i have received two invites to tour Babylon in the last week -- i have never received them before
[millionday] i found it hugely encouraging smile
[lstar877] If Iraq's new platform is hooked up to nasdaq we should see a rate as soon as they trade internationally. Correct?
[lstar877] Are they gonna trade internationally Wednesday?
[millionday] when the stock market is linked and is internationally accepted we will see what rate they will have calculated as their reality rate for the dinar
[millionday] it will be accessible from CBI and any other sources of currency values with some spread in some instances to vary by what the fees are at that place of business
[awesomedtl] is isx closed morrow and when they open up will they open with iqd??
[millionday] they said that the omx platform was to be launched tomorrow -- what that means for us we have to see
[millionday] it could just be that adjustments are ready for the compliance in the omx or it could mean that they got the stamp of ready or whatever it means -- i would like to say we know but we will know when the rate is changed
[millionday] Baxter1243 no the entire country of Iraq will not be in penny stocks -- disclaimer ::::: dinarupdates.com is not a professional stock market advice center and we are not professionals -- use this information for your own use and do not take it as professional advice
[millionday] the report we had stated that mid month of june all will be complete and the first of july the launch of OMX platform will take place
[millionday] Monday, that the delay in the budget increased the proportion of projects stalled in Iraq, calling the new parliament to speed up the approval. Said Majid picture in a statement / Baghdadi News /, that "going forward Federal if approved before entering the country in the deterioration of security to play a positive role in the non-arrival of the situation of what Hey it now," noting that "the delay has increased the proportion of projects stalled in the country."
millionday: He added that "it is supposed to approving the budget commensurate with the current situation in Astntnaúa to allocate funds for the security ministries, including defense and interior," and urged the new parliament to "speed up the approval by and not deferred to the next fiscal year
millionday: so as we see -- they are pushing for the approval of the budget so that all domestic needs can be met
graylnjo: Is any of this hinging on the budget? Moving forward that is
millionday: according to the CBI press release they will be moving forward with the economic reform with the foreign investments to fund all the banking and will not be detained in their work due to the lack of the passed budget
awesomedtl: so are they saying they ARE not going to wait till the next year for the approval of budget they want it now!!???? ty million
millionday: yes they are saying they need it now and want it to be approved right away for their own advancement and needs
millionday: this is a huge report brought to us by our very talented robin redhead
millionday: we shall look at it and try to keep our hat on and stay in our chair as we read
millionday: so brace yourself lol
awesomedtl: whhhopow
millionday: WHOOOPOW
millionday: The Iraq Stock Exchange is switching from writing on a big board to computers.
The ISX launched electronic trading on Sunday, raising hopes the faster method will attract foreign investment to this burgeoning but cash-strapped economy.
Since the exchange opened in 2004, all trading has been done by brokers crowding around large erasable boards to buy and sell stock — akin to watching a professor scribbling on the board in a college classroom. Trading under Iraq's system has been colorful,
as dapper men dressed in suits scream sale prices to their clients over cellphones, but it locked out all but a few foreign investors willing to take a chance on Iraq as it emerges from a longtime dictatorship and years of war.
millionday: note -- the ISX has gone electronic
millionday: "This is an important step to opening ourselves up to foreign investment," said Taha Ahmed Abdul Salam, chief executive of the exchange.
"We are starting to create the transparency and systems that will make Iraq attractive to investors outside of Iraq." In the first day of electronic trading, three banks and two Baghdad hotels had their shares bought and sold under the new system, as traders monitored prices on 46-inch LCD television screens.
The other 86 companies listed on the ISX will gradually switch by the end of the year. Iraq's fledgling stock exchange, which traded $270 million last year, is dwarfed when compared to the New York Stock Exchange's 8,500 listings of companies valued at $16.7 trillion through the end of 2008.
[millionday] note -- this is absolutely full of info we need to know so please read all
[millionday] Under the computerized system, transactions will clear almost instantly. Sales that took as long as two weeks to be certified can now be completed in a matter of minutes, said Abdul Razaq al-Saadi, chairman of the Iraq Securities Commission.
Foreign investors accounted for about $21.5 million of trading last year, or 8% of the ISX's volume, al-Saadi said. But he is confident that foreign and local investment will grow as it becomes easier to access the market.
[millionday] Bartle Bull, a New York-based portfolio manager who recently helped launch a hedge fund that focuses on ISX stocks, said Iraq has great growth potential, even though the nation's security, while improved, will remain a long-term concern.
He and his partners are trying to raise up to $20 million to invest in Iraqi stocks. He said the market is undervalued: The entire ISX worth about $2.5 billion. "Other emerging markets have proven things don't have to be perfect for enormous wealth to be created," Bull said.
[The Shoe] WOW!
[millionday] note -- the changes are worth the money to get to this point due to the huge opportunities coming in their market
[millionday] WHOOOPOW >>>>>
[millionday] On the trading floor Sunday, brokers crowded around the TV screen to monitor sales. Although most of the traders said they were glad the exchange is finally going modern, many said they are cautious about wading into the electronic market.
"It's supposed to be faster and easier, but for today I'm just watching and waiting," said Moysen al-Amali, a trader on the floor of the exchange. "I want to see what happens before I test it with my own money."
[millionday] SO THAT IS WHAT IS GOING ON WITH THE ISX -- THEY HAVE THIS MONTH CHANGED TO ELECTRONIC TRADING PLATFORM AND THAT IS DATA ENTRY THAT WILL SHOW ITS EASE AND ABILITIES FOR THE COMMON AND CORPORATE INVESTOR
[millionday] OOPS didnt mean to yell
[joekid] do we have a date for that article? Because ISX has been electronic since 2009 I believe?
[millionday] it is todays report
cookie] So, they are still trading within Iraq-- Not international yet???
[millionday] thats right -- they are not internationally recognized yet until they have a reality rate for their currency
tank] Do u think M was the hold-up w the CBI?--Budget?---Getting him out of the government--
[millionday] i dont know -- i have read many reports of many that believe he has been a barrier to the growth of iraq and its reforms but o dont have ink stating that he was a hold up and has stalled their reforms alone or that they have even been stalled –
when we look at the plan for the country it has no statement telling us that and in the past years we have a report from when shabibi was there that stated that the first have would be done at a program rate of 1166 and the second half would be calculated at the new reality rate so -- we dont have ink that proves maliki being a cause of any hold up
[Smokey Mtn. Dinar] Is it true that M is officially OUT as PM? Has anyone seen ink that says so?
[millionday] we have some info coming on what they have stated for tomorrow --
[millionday] here we go ] this is the news for tomorrow -- Monday
[millionday] Shaima Rashid held the House of Representatives today its first session, while there is no agreement on the candidates of the three presidencies with the continued meetings during the past few hours inside the main blocs to choose from hold these positions,
but mystery still surrounds the scene in this regard, he said politicians in The words "morning" the failure of the blocks to an agreement on the
[millionday] candidates and they need more time, Marjaheen to witness today's session sworn.
Though put the Kurdish bloc more than one candidate for the office of President of the Republic they Barham Salih and Fuad Masum, the governor of Kirkuk Necmettin cream,
and the nomination of the Sunni Salim al for the position of the presidency or parliament Osama Najafi, but no formal announcement regarding these names.
member of the state law, Abbas al-Bayati said that the meetings of the National Alliance, a continuous and sustained in order to choose its candidate for prime minister, and monitor security developments and the political process.
[millionday] note -- they met today -- (obviously i dont know what day it is lol) -- but this is what happened
[millionday] He said: "It's so far there is nothing to looming presence of consensus and understanding between the major blocs on the positions of the three, likely to be a meeting today declare the opening of the Council as a legislative and avoid a constitutional vacuum.
" He continued: blocs need more time to understanding the three presidencies in spite of Meetings continued for being not agree so far on the candidates. "
while said member state law Huda Carpets that there is a consensus on the election of the Speaker with his two deputies during today's session. said: "The National Alliance is still going on in the meetings in order to choose the candidate, first deputy of the Parliament and through hours of the day (yesterday) will be to reach agreement on the candidate, "suggesting that"
[millionday] note -- they did the swearing in and have met and are working on the THREE PRESIDENCIES
[millionday] "suggesting that" Salim al-most fortunate for the Presidency of the Council of Representatives. " In line with this proposal, noted member bloc citizen Furat al-Shara said the Sunni began to form the Union of a large order to nominate Salim al for the presidency Parliament under the announcement most of the blocks to attend today's meeting and the absence of mass national led by Iyad Allawi. said:
"All the components of the National Alliance, will attend today's meeting, which is scheduled to lead the members of the constitutional oath," likely to "be the announcement of the President of the Parliament in the case of session was more tender.
" He said al-Shara, "The National Alliance continued its sessions did not resolve his order on the prime ministerial candidate as the meetings going on and there will be a meeting of the alliance before the hearing to shed lights on the candidates." so
[millionday] note -- the candidates will be voted on all at once so this is to move forward and not be late
[millionday] said a member bloc Mohammed commendable that the National Alliance during its earlier stressed the need to meet before session on Tuesday to discuss the latest developments and to reach an agreement on the candidate for prime minister.
"added commendable" that has the National Alliance meeting either at night (Monday) or Tuesday morning to reach an agreement on the candidates, stressing the presence of the National Alliance full council meeting today, alluding offering more than one candidate for the presidency of the Kurds before they Barham Salih and Fuad Masum, and Nechirvan Mustafa.
[millionday] note -- this is so huge that the kurds have been placed and involved in the entry of the names and positions -- this is going to help in so much resolve if this continues -- very important
[boomshakalaka] When will the candidates be voted on all at once?
[millionday] they are announcing that it will be tuesday -- we are holding our breath that they continue in the pace they are working -- but remember this is Iraq but it sure will be great if they keep going at the rate they have been
[Smokey Mtn. Dinar] I thought Barzani was going to be one of the candidates for President?
[millionday] in order to have fair market trade and protect their stake holders they have to also have a fair price for their dinar -- make sense ?
[faith1] In Your Opinion ,,, If GOI is seated and PM announced,,, how long can Iraq continue to use USD ? can they trade and ISX in USD ?
[millionday] the esx (erbil stock market) is traded in Iraqi dinar and also the national set regulations makes the dinar their national currency
millionday] the isx will be in Iraqi dinar due to that regulation and will be a product for sale on that market -- let me say something
[millionday] i receive as many of us do -- invites to trips and discounts for trips and cruises ect -- i have received two invites to tour Babylon in the last week -- i have never received them before
[millionday] i found it hugely encouraging smile
[lstar877] If Iraq's new platform is hooked up to nasdaq we should see a rate as soon as they trade internationally. Correct?
[lstar877] Are they gonna trade internationally Wednesday?
[millionday] when the stock market is linked and is internationally accepted we will see what rate they will have calculated as their reality rate for the dinar
[millionday] it will be accessible from CBI and any other sources of currency values with some spread in some instances to vary by what the fees are at that place of business
[awesomedtl] is isx closed morrow and when they open up will they open with iqd??
[millionday] they said that the omx platform was to be launched tomorrow -- what that means for us we have to see
[millionday] it could just be that adjustments are ready for the compliance in the omx or it could mean that they got the stamp of ready or whatever it means -- i would like to say we know but we will know when the rate is changed
[millionday] Baxter1243 no the entire country of Iraq will not be in penny stocks -- disclaimer ::::: dinarupdates.com is not a professional stock market advice center and we are not professionals -- use this information for your own use and do not take it as professional advice
[millionday] the report we had stated that mid month of june all will be complete and the first of july the launch of OMX platform will take place
[millionday] Monday, that the delay in the budget increased the proportion of projects stalled in Iraq, calling the new parliament to speed up the approval. Said Majid picture in a statement / Baghdadi News /, that "going forward Federal if approved before entering the country in the deterioration of security to play a positive role in the non-arrival of the situation of what Hey it now," noting that "the delay has increased the proportion of projects stalled in the country."
millionday: He added that "it is supposed to approving the budget commensurate with the current situation in Astntnaúa to allocate funds for the security ministries, including defense and interior," and urged the new parliament to "speed up the approval by and not deferred to the next fiscal year
millionday: so as we see -- they are pushing for the approval of the budget so that all domestic needs can be met
graylnjo: Is any of this hinging on the budget? Moving forward that is
millionday: according to the CBI press release they will be moving forward with the economic reform with the foreign investments to fund all the banking and will not be detained in their work due to the lack of the passed budget
awesomedtl: so are they saying they ARE not going to wait till the next year for the approval of budget they want it now!!???? ty million
millionday: yes they are saying they need it now and want it to be approved right away for their own advancement and needs
millionday: this is a huge report brought to us by our very talented robin redhead
millionday: we shall look at it and try to keep our hat on and stay in our chair as we read
millionday: so brace yourself lol
awesomedtl: whhhopow
millionday: WHOOOPOW
millionday: The Iraq Stock Exchange is switching from writing on a big board to computers.
The ISX launched electronic trading on Sunday, raising hopes the faster method will attract foreign investment to this burgeoning but cash-strapped economy.
Since the exchange opened in 2004, all trading has been done by brokers crowding around large erasable boards to buy and sell stock — akin to watching a professor scribbling on the board in a college classroom. Trading under Iraq's system has been colorful,
as dapper men dressed in suits scream sale prices to their clients over cellphones, but it locked out all but a few foreign investors willing to take a chance on Iraq as it emerges from a longtime dictatorship and years of war.
millionday: note -- the ISX has gone electronic
millionday: "This is an important step to opening ourselves up to foreign investment," said Taha Ahmed Abdul Salam, chief executive of the exchange.
"We are starting to create the transparency and systems that will make Iraq attractive to investors outside of Iraq." In the first day of electronic trading, three banks and two Baghdad hotels had their shares bought and sold under the new system, as traders monitored prices on 46-inch LCD television screens.
The other 86 companies listed on the ISX will gradually switch by the end of the year. Iraq's fledgling stock exchange, which traded $270 million last year, is dwarfed when compared to the New York Stock Exchange's 8,500 listings of companies valued at $16.7 trillion through the end of 2008.
[millionday] note -- this is absolutely full of info we need to know so please read all
[millionday] Under the computerized system, transactions will clear almost instantly. Sales that took as long as two weeks to be certified can now be completed in a matter of minutes, said Abdul Razaq al-Saadi, chairman of the Iraq Securities Commission.
Foreign investors accounted for about $21.5 million of trading last year, or 8% of the ISX's volume, al-Saadi said. But he is confident that foreign and local investment will grow as it becomes easier to access the market.
[millionday] Bartle Bull, a New York-based portfolio manager who recently helped launch a hedge fund that focuses on ISX stocks, said Iraq has great growth potential, even though the nation's security, while improved, will remain a long-term concern.
He and his partners are trying to raise up to $20 million to invest in Iraqi stocks. He said the market is undervalued: The entire ISX worth about $2.5 billion. "Other emerging markets have proven things don't have to be perfect for enormous wealth to be created," Bull said.
[The Shoe] WOW!
[millionday] note -- the changes are worth the money to get to this point due to the huge opportunities coming in their market
[millionday] WHOOOPOW >>>>>
[millionday] On the trading floor Sunday, brokers crowded around the TV screen to monitor sales. Although most of the traders said they were glad the exchange is finally going modern, many said they are cautious about wading into the electronic market.
"It's supposed to be faster and easier, but for today I'm just watching and waiting," said Moysen al-Amali, a trader on the floor of the exchange. "I want to see what happens before I test it with my own money."
[millionday] SO THAT IS WHAT IS GOING ON WITH THE ISX -- THEY HAVE THIS MONTH CHANGED TO ELECTRONIC TRADING PLATFORM AND THAT IS DATA ENTRY THAT WILL SHOW ITS EASE AND ABILITIES FOR THE COMMON AND CORPORATE INVESTOR
[millionday] OOPS didnt mean to yell
[joekid] do we have a date for that article? Because ISX has been electronic since 2009 I believe?
[millionday] it is todays report
cookie] So, they are still trading within Iraq-- Not international yet???
[millionday] thats right -- they are not internationally recognized yet until they have a reality rate for their currency
tank] Do u think M was the hold-up w the CBI?--Budget?---Getting him out of the government--
[millionday] i dont know -- i have read many reports of many that believe he has been a barrier to the growth of iraq and its reforms but o dont have ink stating that he was a hold up and has stalled their reforms alone or that they have even been stalled –
when we look at the plan for the country it has no statement telling us that and in the past years we have a report from when shabibi was there that stated that the first have would be done at a program rate of 1166 and the second half would be calculated at the new reality rate so -- we dont have ink that proves maliki being a cause of any hold up
[Smokey Mtn. Dinar] Is it true that M is officially OUT as PM? Has anyone seen ink that says so?
[millionday] we have some info coming on what they have stated for tomorrow --
[millionday] here we go ] this is the news for tomorrow -- Monday
[millionday] Shaima Rashid held the House of Representatives today its first session, while there is no agreement on the candidates of the three presidencies with the continued meetings during the past few hours inside the main blocs to choose from hold these positions,
but mystery still surrounds the scene in this regard, he said politicians in The words "morning" the failure of the blocks to an agreement on the
[millionday] candidates and they need more time, Marjaheen to witness today's session sworn.
Though put the Kurdish bloc more than one candidate for the office of President of the Republic they Barham Salih and Fuad Masum, the governor of Kirkuk Necmettin cream,
and the nomination of the Sunni Salim al for the position of the presidency or parliament Osama Najafi, but no formal announcement regarding these names.
member of the state law, Abbas al-Bayati said that the meetings of the National Alliance, a continuous and sustained in order to choose its candidate for prime minister, and monitor security developments and the political process.
[millionday] note -- they met today -- (obviously i dont know what day it is lol) -- but this is what happened
[millionday] He said: "It's so far there is nothing to looming presence of consensus and understanding between the major blocs on the positions of the three, likely to be a meeting today declare the opening of the Council as a legislative and avoid a constitutional vacuum.
" He continued: blocs need more time to understanding the three presidencies in spite of Meetings continued for being not agree so far on the candidates. "
while said member state law Huda Carpets that there is a consensus on the election of the Speaker with his two deputies during today's session. said: "The National Alliance is still going on in the meetings in order to choose the candidate, first deputy of the Parliament and through hours of the day (yesterday) will be to reach agreement on the candidate, "suggesting that"
[millionday] note -- they did the swearing in and have met and are working on the THREE PRESIDENCIES
[millionday] "suggesting that" Salim al-most fortunate for the Presidency of the Council of Representatives. " In line with this proposal, noted member bloc citizen Furat al-Shara said the Sunni began to form the Union of a large order to nominate Salim al for the presidency Parliament under the announcement most of the blocks to attend today's meeting and the absence of mass national led by Iyad Allawi. said:
"All the components of the National Alliance, will attend today's meeting, which is scheduled to lead the members of the constitutional oath," likely to "be the announcement of the President of the Parliament in the case of session was more tender.
" He said al-Shara, "The National Alliance continued its sessions did not resolve his order on the prime ministerial candidate as the meetings going on and there will be a meeting of the alliance before the hearing to shed lights on the candidates." so
[millionday] note -- the candidates will be voted on all at once so this is to move forward and not be late
[millionday] said a member bloc Mohammed commendable that the National Alliance during its earlier stressed the need to meet before session on Tuesday to discuss the latest developments and to reach an agreement on the candidate for prime minister.
"added commendable" that has the National Alliance meeting either at night (Monday) or Tuesday morning to reach an agreement on the candidates, stressing the presence of the National Alliance full council meeting today, alluding offering more than one candidate for the presidency of the Kurds before they Barham Salih and Fuad Masum, and Nechirvan Mustafa.
[millionday] note -- this is so huge that the kurds have been placed and involved in the entry of the names and positions -- this is going to help in so much resolve if this continues -- very important
[boomshakalaka] When will the candidates be voted on all at once?
[millionday] they are announcing that it will be tuesday -- we are holding our breath that they continue in the pace they are working -- but remember this is Iraq but it sure will be great if they keep going at the rate they have been
[Smokey Mtn. Dinar] I thought Barzani was going to be one of the candidates for President?
[millionday] i believe that was his son for the kurdistan
region in that report but we will have to see what they end up with when the
names are released -- that would be so great though i have to say
[millionday] i know the news is long but there is a lot going on at this point and all is important
http://www.dinarupdates.com/showthread.php?14041-Millionday-News-6-30-14
[millionday] i know the news is long but there is a lot going on at this point and all is important
http://www.dinarupdates.com/showthread.php?14041-Millionday-News-6-30-14
