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Monday, May 18, 2015

Millionday Monday Night News & Q&A Part 1

Millionday News 5/18/15  Part 1

Welcome to dinarupdates.com for News Time with Millionday!!

Millionday: AT THE END OF NEWSTIME TONIGHT -- YOU WILL HAVE A TIME THAT WILL BE FOR PLACING A ???? TO ASK ANY QUESTION YOU HAVE – 

THERE DOES NOT HAVE TO BE A REPORT ON IT -- AND I WILL ANSWER YOUR QUESTION OR FIND THE ANSWER AND HAVE IT FOR THE NEXT DAY (TUESDAY)

Millionday: WELCOME EVERYONE TO NEWSTIME -- WE ARE SO GLAD YOU WERE ABLE TO MAKE IT

Millionday: Abadi adviser: praises the policy of the Central Bank and supports the deletion of zeros at the country's stability conditions

According to the appearance of Mohammed Saleh, an economic advisor to the Prime Minister Haider al-Abadi, on Monday, about a quarter of Iraq's budget disbursement to support military operations against the terrorist organization Daash.
~~~
Millionday: NOTE -- ABOUT 1/4 OF THE BUDGET IS FOR MILITARY AT THIS TIME --

Millionday: Saleh said in an interview with / Baghdadi News / "The government's priority today is to return in safety usurped areas and to maintain the security in the relatively stable and unstable regions".

Saleh added that "cleaning and paving streets and laying all the necessary services and well-being in it, does not interest him if he will occupy the days before Aldoaash yet."

Millionday: NOTE -- SALEH FEELS THAT THE PAVING OF THE STREETS ETC HAS NO PURPOSE AT THIS TIME IF SECURITY HAS NOT BEEN OBTAINED

Millionday: Saleh pointed out that "the Iraqi Central Bank policy characterized by accuracy and objectivity," noting that "the equation in maintaining the value of the Iraqi dinar with the revaluation of monetary reserves in light of these security conditions bad and lower oil prices, a very difficult and summit complex, though the Central managed to decipher decode them to follow the policy to sell hard currency.

Millionday: NOTE -- CBI HAS COMPLETED THE MONETARY POLICY THAT INCLUDES THE REVALUATION OF THE DINAR EVEN THOUGH THE EXPENDITURES FOR THE BUDGET AND REVENUES HAVE CHANGED DRASTICALLY DUE TO THE WAR ON TERRORISM AND ALSO THE LOWER OIL PRICES –

 THEY HAVE HOWEVER REPORTABLY TAKEN MANY MEASURES TO MAKE UP FOR THAT DIFFERENCE ---

THE POINT IS OF COURSE THAT THE CBI POLICY IS ACCURATE AND OBJECTIVE IN ITS EQUATION TO REVALUE AND MAINTAIN THE VALUE OF THE DINAR AND ITS RESERVES

Millionday: Saleh pointed out that "the central issue at the feet of a large coin natural step will not adversely affect the economic situation in the country.

He stressed Saleh, said that "the project to delete the zeros is very important and has a large on the Iraqi economy and the value of the currency benefits, I have called him since throughout the years,

 But the current situation, which is going through the country is not suitable for such a move, which need to be economic and security stability, and this is what is Known over the global economic history.

Millionday: SO - SALEH HAS STATED TO THE GOVERNOR OF CBI THAT HE DOES NOT AGREE WITH HIS POLICY TO MOVE FORWARD WITH THE EQUATION

AND THINKS THAT DUE TO THE SECURITY AND OIL PRICES ISSUES MAKE IT NOT THE BEST TIME TO REVALUE THE DINAR AND MOVE FORWARD WITH THE CBI POLICY THAT INCLUDES THE MOVE --

Millionday: WHOOOOPOW

Millionday: HOT DIGITY DOG

Millionday: YIPPEEE YI O

Papatom: So Saleh is saying He disagrees with the governor.....right? and that means that the governor is saying MOVE FORWARD.....is that right?

Millionday: SALEH IS SAYING THAT THE POLICY OF THE GOVERNOR TO REVALUE THE DINAR RIGHT NOW IS NOT A GOOD IDEA DUE TO THE TIMING -- SO YES HE IS DISAGREEING WITH HIS POLICY -- SMILE

Millionday: I HOPE HE HAS AN EGO THE SIZE OF TEXAS

jarhead: does the gov disagree

Millionday: ACCORDING TO THIS REPORT –

THE POLICY THAT CBI GOVERNOR HAS RIGHT NOW IS TO MOVE FORWARD WITH HIS MONETARY POLICY WHICH INCLUDES THE REVALUE OF THE DINAR ACCORDING TO THIS REPORT

.VIP.Swan2013 Millionday: HOW MUCH INFLUENCE DOES SALEH HAVE OVER THE GOV TO SWAY HIM TO WAIT

Millionday: HE IS SECOND FIDDLE AS WE CALL IT IN THE GREAT US OF A --- THE GOVERNOR IS HIS BOSS AND ALSO FINAL SAY ON THE DECISIONS OF CBI THROUGH HIS POWER AND THEIR INDEPENDENCE

1glen: Does SALEH Have any authority to change the CBI direction?

Millionday: NO NOT WHEN THE ORDER IS FROM HIS BOSS

Millionday: 1GLEN -- I WILL BRING INK ON THIS TOO HUN

Papatom: do you think that the statement the central bank governor is finished with the policy that includes the RV and on and on..... do you think that indicates they might know the rate they will use?

Millionday: PAPA -- I THINK THAT AN ECONOMIC EVENT AS SUCH AS THIS -- HAS A DATE AND RATE INCLUDED IN IT AND ALWAYS HAS

.VIP.clay: so they dont want to rv because of ISIS and will be delayed

Millionday: NO --- SALEH IS STATING THAT THEY SHOULD NOT DUE TO THE ISIS ISSUE AND THE LOW PRICE OF OIL –

HOWEVER THE GOVERNOR OF CBI THAT IS THE HEAD OF CENTRAL BANK OF IRAQ -- SEES IT IN A DIFFERENT LIGHT --- SALEH CAN NOT CHANGE THE POLICY OF CBI

foxmulder salah has always contradicted himself ? think and remember .... this guy is ! and has always been all over the board even when with shabibi { his mouthpiece}

Millionday: FOX ------I AGREE -- SALEH HAS TOLD SO MANY THINGS THAT HAVE ACTUALLY SEEMED AS THOUGH THEY WERE THINGS WE SHOULD NOT KNOW –

HE STATED HIMSELF THAT THE RATE SHOULD RETURN BACK TO WHAT IT WAS IN THE 80`S -- SO I AGREE HUN

quicktolegit96: DO U FEEL THERE IS SOMETHING IN THIS FOR ALAQ, OR PERHAPS SHABS IS BEHIND THE CBI, I DONT KNOW...?
Millionday: I THINK THAT ANYONE IN A POLITICAL POSITION IS HOPEFUL THAT SOMETHING WITHIN THEIR TIME IN OFFUCE WOULD OCCUR THAT WOULD MAKE THEIR NAME GO DOWN IN HISTORY --- 

THIS WOULD FOR SURE BE ONE OF THOSE TIMES -- SO YES I COULD SEE THE GAIN THEY WOULD FEEL AS THEIR NAME WAS PRINTED IN THE HISTORY BOOKS FOR ALL TO READ AROUND THE GLOBE --

Millionday: I AM NOT SAYING THAT POLITICIANS HAVE BIG EGOS BUT -- I AM SAYING THAT THERE IS PRIDE IN ONES COUNTRY AND BEING A PART OF SUCH A HUGE IMPACTING EVENT WOULD BE A HUGE GAIN FOR ANYONE

Millionday: NOTE -- TODAY THERE WAS AN ORDER FROM CBI TO ALL BANKS WITHIN AND OUT OF IRAQ -- THIS IS AN OBVIOUS ORDER TO ALL

Millionday: To / state ministries and departments not associated with the Ministry all ( evaluation (CAMELS) )

Millionday: NOTE -- THAT IS THE ENTIRE ORDER -- NOW SOME PEOPLE HAVE HAD SOME TIME OF HUMOR WITH THIS PARTICULAR ORDER BUT I LIKE TO ADD INK

 AND LOOK AT THIS IN A MUCH MORE RESEARCHED POSITION THAT WILL GIVE SOME USEFUL INFORMATION AS WOULD ALL RESEARCHERS I HAVE SPOKEN WITH TODAY -- SO

Millionday: I DID JUST THAT AND RESEARCHED WHAT IT MEANS TO THE BANKING SYSTEMS OF THE WORLD AND IRAQ

Millionday: NOTE -- I DID BRING THIS TODAY BUT WOULD LIKE TO MAKE SURE THAT EVERYONE GETS A CHANCE TO SEE IT AND UNDERSTAND

Millionday: DEFINITION of 'CAMELS Rating System'

An international bank-rating system where bank supervisory authorities rate institutions according to six factors.

The six factors are represented by the acronym "CAMELS."

Millionday: NOTE -- THIS IS A RATING SYSTEM USED BY BANKS

Millionday: CAMELS Rating System'

The six factors examined are as follows:

C - Capital adequacy

A - Asset quality

M - Management quality

E - Earnings

L - Liquidity

S - Sensitivity to Market Risk

Millionday: NOTE -- SO THE AMOUNT THAT INTERNATIONAL COMPLIANCE REQUIRES --

Millionday: THE QUALITY OF THE ASSETS THEY HAVE THAT THEY ARE USING TO INCLUDE IN THEIR INVESTMENTS --

Millionday: THE QUALITY OF HOW THEIR BANK IS MANAGED AND THEIR ASSETS-- EXPENDITURES-- AND EVERYTHING IN BETWEEN

Millionday: THE REVENUES THAT THEY GAIN -- IN OTHER WORDS -- HOW SUCCESSFUL ARE THEY FOR THE STAKEHOLDERS OF THEIR BANK --(IT IS A BUSINESS) AND THE SECOND MOST PRODUCTIVE IN THE COUNTRY

Millionday: ALSO THE LIQUIDITY IS TO BE KEPT AT INTERNATIONAL COMPLIANCE AMOUNTS – 

SO THEY NEED TO BE ABLE TO OF COURSE PASS AUDIT AND ALSO HAVE HELD THE % THEY ARE REQUIRED -- I BELIEVE IT TO BE 30% BUT IT MAY VARY PER ACCOUNTS --(BUSINESS-DOMESTIC-ETC)

Millionday: AND FOR "S" -- THE ABILITY TO BE PROACTIVE IN AN ECONOMIC BANKING ATMOSPHERE – 

THEY HAVE TOOLS AND NEED TO BE ABLE TO READ THE COUNTRY`S CONDITION AND IMPACTING FACTORS IN ORDER TO BE PROACTIVE INSTEAD OF REACTIVE – 

WHICH OF COURSE IS NOT THE BEST ECONOMIC LEADERSHIP/EXPECTATION

Millionday: Bank supervisory authorities assign each bank a score on a scale of one (best) to five (worst) for each factor. If a bank has an average score less than two it is considered to be a high-quality institution, 

while banks with scores greater than three are considered to be less-than-satisfactory establishments. The system helps the supervisory authority identify banks that are in need of attention.

Millionday: SO UNDERSTAND THAT IT IS THE AVERAGE AND NOT THE SCALE SCORE ON ONE ACRONYM

Millionday: WHOOOPOW

beth: You explained that so well. Thank You

Comments may be made ata the end of Part 2  Thank You


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