Millionday News 5/30/15 Part 2 of 2
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: NOTE -- THEY WITNESSED THE HCL (OIL AND GAS LAW) TODAY TO HELP TO MOVE IT FORWARD WITH PROVINCE INPUT --/HELP
Millionday: He said, "We are serious about moving forward with this policy, and the effort now is to ask the oil law and gas and to speed up legitimizes "stressing the need to" create a good relationship between local governments and the people of the provinces and the Ministry and its companies and investment companies to maintain the sustainability of oil production, upon which Iraq's economy directly. "
He said, "We meet today with local governments in the provinces to solve all the problems and chart a course for the future roadmap,
This is the third meeting, "adding that" the two previous meetings were introductory and try to get into this meeting more detail and deeper
Millionday: NOTE -- THE GOAL IS TO HURRY IT UP
~~~
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: NOTE -- THEY WITNESSED THE HCL (OIL AND GAS LAW) TODAY TO HELP TO MOVE IT FORWARD WITH PROVINCE INPUT --/HELP
Millionday: He said, "We are serious about moving forward with this policy, and the effort now is to ask the oil law and gas and to speed up legitimizes "stressing the need to" create a good relationship between local governments and the people of the provinces and the Ministry and its companies and investment companies to maintain the sustainability of oil production, upon which Iraq's economy directly. "
He said, "We meet today with local governments in the provinces to solve all the problems and chart a course for the future roadmap,
This is the third meeting, "adding that" the two previous meetings were introductory and try to get into this meeting more detail and deeper
Millionday: NOTE -- THE GOAL IS TO HURRY IT UP
~~~
Millionday: "he said." The meeting focused on three main axes are the relationships between local governments and the people of the provinces and the federal government and companies operating in Iraq, "noting that" contracts the last oil goes deduced from these relations,
but nevertheless, those contracts that provide the oil production, and that the federal budget dependent on oil significantly, both what achieve those contracts of acceleration in production or a slowdown. "
He noted Abdul-Mahdi, that "oil and economic battle no less important than the battle on the battlefield, "he said," you can see how terrorists offers Daash of losses in the Baiji refinery in their quest for control of the oil fields, because their need for fuel not less than their need for a weapon
"and praised at the same time, to" the efforts of the armed forces and the Peshmerga, which trying to pay Daash away from the oil fields. "
Millionday: NOTE -- THE IMPORTANCE OF THE CONTRACTS FOR OIL PRODUCTIONS AND PRODUCTS ARE PRICELESS -- THEY CAN NOT LOSE THEM AND NEED TO HURRY UP
Millionday: For his part, the price of the governor of Maysan Ali Douai, Oil Minister Adel Abdul-Mahdi initiative, on the lifting of injustice, marginalization and end the state of the oil the intersection for the provinces.
He said Douai in a speech during the meeting, that "Maysan serious follow all the plans and investment projects, it is that she is suffering like the rest of the provinces of Governments transfer
"stressing the importance of granting the provinces wider powers in the areas of development of oil projects to achieve breakthroughs quality and investment in this aspect."
Millionday: NOTE -- HUGE IMPORTANCE OF OIL DEVELOPMENT POWERS IN THE PROVINCES AND ALSO REMEMBER THAT CBI IS SENDING BUDGET MONIES TO PROVINCES
Millionday: While male governor of Babylon honest meaning of Royal, said that "deliberative meeting was fruitful , and discussed the establishment of Msfii cliff victory and rump and the formation of a ministerial committee for cooperation with the province,
said the governor of Basra Majed Nasraoui agreed to take the appropriate side of the oil Committees, into consideration industrial coexistence, through the formation of a special office of the Southern Oil and producing provinces to him. "
Millionday: THE GOVERNOR OF BASRA AGREED TO TAKE A SIDE IN THIS OIL COMMITTEE --
Millionday: WHOOOPOW --- TODAY
Millionday: Rafidain Bank announced, on Saturday, the existence of an ongoing bilateral cooperation with the International Monetary Fund in the context of providing advice regarding the development of the work of banks in the country.
The general director of the bank on behalf of al-Hassani said in a statement responded to Twilight News, she said the Rafidain Bank began advanced steps with regard to his bank to be parallel with his counterparts in the countries of the world.
He noted that the Rafidain Bank is one of the main pillars of the national economy and financial trading in Iraq and by virtue of its strong financial position.
Millionday: SO RAFIDAIN BANK HAS LAUNCHED INTERNATIONAL BANKING AND IMF IS THERE TO HELP WITH THIS HUGE STEP WE HAVE BEEN WAITING ON
beth: They have launched or are going to launch?
Millionday: Rafidain Bank began advanced steps with regard to his bank to be parallel with his counterparts in the countries of the world.
Millionday: Rafidain Bank began advanced steps with regard to his bank to be parallel with his counterparts in the countries of the world.
Millionday: Rafidain Bank began advanced steps with regard to his bank to be parallel with his counterparts in the countries of the world.
Millionday: HAVE
Millionday: LOVE IT
Millionday: IT HAS BEGUN
jarhead: if these articles are in fact true we may just be real close ..............wow
Millionday: I AGREE
karl4: is this the date we wait for?
karl4: now? if they have began "now"
Millionday: NO WE ARE WAITING FOR THE RATE OF THE US DOLLAR TO CHANGE TO AN EXCHANGE RATE THAT WILL MAKE US A PROFIT --
quicktolegit96: What laws did they pass today?
Millionday: I HAVE NOT BROUGHT THAT YET -- COMING UP
1glen: Are they saying when they will have their calculations done for the exchange rate?
Millionday: NO DATE GIVEN YET
da58: what do you think 'begin advanced steps' - involves?
da58: wondering what stage they might be in
da58: 'advanced' being a key word here I'd think..
Millionday: THE ADVANCED STEPS WOULD BE THE BASEL COMPLIANCE -- INTERNATIONAL COMPLIANCE WITH BANKING AND ACCOUNTING
Millionday: National Alliance parliamentary bloc, headed by a member of the board of the House of Representatives held the presidency of Sheikh d. Hamoudi, a regular meeting today to discuss the second reading of the draft law of the National Guard and unify positions towards him.
A press release said the newspaper got (E-righteousness) a copy of it on Saturday: It was discussed during the meeting notes the Prime Minister on the law so as to contribute to accelerate the approval as soon as possible.
The statement stressed the need for coordination with the various political blocs with a view to the adoption of important laws, particularly the National Guard.
Millionday: SO HERE WAS A SMALL REPORT ON THE WORK DONE TRYING TO RESOLVE IMPORTANT LAWS
.VIP.blossom: Do you know if they are meeting on Sun I saw an article they were going too?
Millionday: YES THEY ARE MEETING ON SUNDAY
Millionday: NOTE -- THIS IS VERY IMPORTANT
Millionday: HERE WE GO -- THIS IS A HUGE REQUIREMENT THAT SHOWS US WHERE THEY ARE AND THE POSITION THEY ARE IN BANKING AND THE MARKET DUE TO THE RESULT BEING INTEREST RATES
Millionday: AND A REQUIREMENT OF THE WTO OF COURSE
Millionday: Hashemi said Iraq's intention to issue IOUs sovereign, internal and external, for the purpose of finding funding to cover the budget, which is estimated at about a quarter of the amount of the budget for the current year's 119 trillion and 585 billion and 322 million and 783 000 dinars deficit.
According to Article ( 2 / II / a) of the budget law, the amount of the deficit is covered from internal and external borrowing, and because Iraq lacks the credit rating of the three global agencies,
it speed up access to this category for the purpose of issuing foreign bonds fact that the tenure for rating supports its strength in international markets.
Millionday: NOTE -- IRAQ IS WORKING TO GET ALL THREE CREDIT RATINGS FOR THE BONDS IN THE >>>>>>>>>>>INTERNATIONAL MARKET<<<<<<<<<<
Millionday: In This connection between economic academic d. Essam Mohamed importance of obtaining the credit rating of sovereign bonds (external) by saying that the degree classification give investors a clear view of a road map of their investments in the country,
especially on the subject of the bond because it determines that a range of circulation in the global bond markets after identifying risks.
He said Mohammed in an interview for the "morning" : that Iraq is capable of issuing such bonds because it possesses previous experience when called Paris Club bonds years ago and is due for repayment in 2028 year.
Millionday: NOTE -- THE CREDIT RATING BRINGS THEM TO THE RANGE FOR THE BONDS TO BE INVESTED IN-- MEANING WHERE THE RISK IS WITHIN THEIR ESTABLISHED OR AGREED UPON RANGE
Millionday: READ EVERY WORD >>>The Finance Minister Hoshyar Zebari said that Iraq is considering denominated international bond issue in dollars for five years worth of five billion dollars to help him Plug in the budget.
Wade Mohammed is the view of experts and specialists that Iraq enjoys a good reputation in terms of its financial obligations and possesses resources that qualify it paid off its foreign debt at maturity.
He was economic adviser to Prime Minister Dr. The appearance of Mohammed Saleh said the "morning" earlier: that Iraq lacks the sovereign credit rating but bonds issued by to extinguish the Paris Club debt rated close to those countries that have such a rating awarded Iraq.
Millionday: He explained that the interest rate and the discount rate on the Iraqi offered bonds in Earlier it is approaching the price of some countries that have rated sovereign, pointing out that the classification of Iraq's credit, although he did not officially yet determined,
Vhually probably at a temperature -B returned him well and cause an indication of optimism, saying: that this place is an official but set the intensity of turnout on the purchase of Iraqi bonds raised by accordance with the Paris Club and sold in global markets, amounting to $ 2.7 billion annual steady at 5.8 percent interest rate.
so it looked Committee on Economic Affairs with the competent authorities to issue external loan bonds and influence positive to get a credit rating from international rating agencies.
but nevertheless, those contracts that provide the oil production, and that the federal budget dependent on oil significantly, both what achieve those contracts of acceleration in production or a slowdown. "
He noted Abdul-Mahdi, that "oil and economic battle no less important than the battle on the battlefield, "he said," you can see how terrorists offers Daash of losses in the Baiji refinery in their quest for control of the oil fields, because their need for fuel not less than their need for a weapon
"and praised at the same time, to" the efforts of the armed forces and the Peshmerga, which trying to pay Daash away from the oil fields. "
Millionday: NOTE -- THE IMPORTANCE OF THE CONTRACTS FOR OIL PRODUCTIONS AND PRODUCTS ARE PRICELESS -- THEY CAN NOT LOSE THEM AND NEED TO HURRY UP
Millionday: For his part, the price of the governor of Maysan Ali Douai, Oil Minister Adel Abdul-Mahdi initiative, on the lifting of injustice, marginalization and end the state of the oil the intersection for the provinces.
He said Douai in a speech during the meeting, that "Maysan serious follow all the plans and investment projects, it is that she is suffering like the rest of the provinces of Governments transfer
"stressing the importance of granting the provinces wider powers in the areas of development of oil projects to achieve breakthroughs quality and investment in this aspect."
Millionday: NOTE -- HUGE IMPORTANCE OF OIL DEVELOPMENT POWERS IN THE PROVINCES AND ALSO REMEMBER THAT CBI IS SENDING BUDGET MONIES TO PROVINCES
Millionday: While male governor of Babylon honest meaning of Royal, said that "deliberative meeting was fruitful , and discussed the establishment of Msfii cliff victory and rump and the formation of a ministerial committee for cooperation with the province,
said the governor of Basra Majed Nasraoui agreed to take the appropriate side of the oil Committees, into consideration industrial coexistence, through the formation of a special office of the Southern Oil and producing provinces to him. "
Millionday: THE GOVERNOR OF BASRA AGREED TO TAKE A SIDE IN THIS OIL COMMITTEE --
Millionday: WHOOOPOW --- TODAY
Millionday: Rafidain Bank announced, on Saturday, the existence of an ongoing bilateral cooperation with the International Monetary Fund in the context of providing advice regarding the development of the work of banks in the country.
The general director of the bank on behalf of al-Hassani said in a statement responded to Twilight News, she said the Rafidain Bank began advanced steps with regard to his bank to be parallel with his counterparts in the countries of the world.
He noted that the Rafidain Bank is one of the main pillars of the national economy and financial trading in Iraq and by virtue of its strong financial position.
Millionday: SO RAFIDAIN BANK HAS LAUNCHED INTERNATIONAL BANKING AND IMF IS THERE TO HELP WITH THIS HUGE STEP WE HAVE BEEN WAITING ON
beth: They have launched or are going to launch?
Millionday: Rafidain Bank began advanced steps with regard to his bank to be parallel with his counterparts in the countries of the world.
Millionday: Rafidain Bank began advanced steps with regard to his bank to be parallel with his counterparts in the countries of the world.
Millionday: Rafidain Bank began advanced steps with regard to his bank to be parallel with his counterparts in the countries of the world.
Millionday: HAVE
Millionday: LOVE IT
Millionday: IT HAS BEGUN
jarhead: if these articles are in fact true we may just be real close ..............wow
Millionday: I AGREE
karl4: is this the date we wait for?
karl4: now? if they have began "now"
Millionday: NO WE ARE WAITING FOR THE RATE OF THE US DOLLAR TO CHANGE TO AN EXCHANGE RATE THAT WILL MAKE US A PROFIT --
quicktolegit96: What laws did they pass today?
Millionday: I HAVE NOT BROUGHT THAT YET -- COMING UP
1glen: Are they saying when they will have their calculations done for the exchange rate?
Millionday: NO DATE GIVEN YET
da58: what do you think 'begin advanced steps' - involves?
da58: wondering what stage they might be in
da58: 'advanced' being a key word here I'd think..
Millionday: THE ADVANCED STEPS WOULD BE THE BASEL COMPLIANCE -- INTERNATIONAL COMPLIANCE WITH BANKING AND ACCOUNTING
Millionday: National Alliance parliamentary bloc, headed by a member of the board of the House of Representatives held the presidency of Sheikh d. Hamoudi, a regular meeting today to discuss the second reading of the draft law of the National Guard and unify positions towards him.
A press release said the newspaper got (E-righteousness) a copy of it on Saturday: It was discussed during the meeting notes the Prime Minister on the law so as to contribute to accelerate the approval as soon as possible.
The statement stressed the need for coordination with the various political blocs with a view to the adoption of important laws, particularly the National Guard.
Millionday: SO HERE WAS A SMALL REPORT ON THE WORK DONE TRYING TO RESOLVE IMPORTANT LAWS
.VIP.blossom: Do you know if they are meeting on Sun I saw an article they were going too?
Millionday: YES THEY ARE MEETING ON SUNDAY
Millionday: NOTE -- THIS IS VERY IMPORTANT
Millionday: HERE WE GO -- THIS IS A HUGE REQUIREMENT THAT SHOWS US WHERE THEY ARE AND THE POSITION THEY ARE IN BANKING AND THE MARKET DUE TO THE RESULT BEING INTEREST RATES
Millionday: AND A REQUIREMENT OF THE WTO OF COURSE
Millionday: Hashemi said Iraq's intention to issue IOUs sovereign, internal and external, for the purpose of finding funding to cover the budget, which is estimated at about a quarter of the amount of the budget for the current year's 119 trillion and 585 billion and 322 million and 783 000 dinars deficit.
According to Article ( 2 / II / a) of the budget law, the amount of the deficit is covered from internal and external borrowing, and because Iraq lacks the credit rating of the three global agencies,
it speed up access to this category for the purpose of issuing foreign bonds fact that the tenure for rating supports its strength in international markets.
Millionday: NOTE -- IRAQ IS WORKING TO GET ALL THREE CREDIT RATINGS FOR THE BONDS IN THE >>>>>>>>>>>INTERNATIONAL MARKET<<<<<<<<<<
Millionday: In This connection between economic academic d. Essam Mohamed importance of obtaining the credit rating of sovereign bonds (external) by saying that the degree classification give investors a clear view of a road map of their investments in the country,
especially on the subject of the bond because it determines that a range of circulation in the global bond markets after identifying risks.
He said Mohammed in an interview for the "morning" : that Iraq is capable of issuing such bonds because it possesses previous experience when called Paris Club bonds years ago and is due for repayment in 2028 year.
Millionday: NOTE -- THE CREDIT RATING BRINGS THEM TO THE RANGE FOR THE BONDS TO BE INVESTED IN-- MEANING WHERE THE RISK IS WITHIN THEIR ESTABLISHED OR AGREED UPON RANGE
Millionday: READ EVERY WORD >>>The Finance Minister Hoshyar Zebari said that Iraq is considering denominated international bond issue in dollars for five years worth of five billion dollars to help him Plug in the budget.
Wade Mohammed is the view of experts and specialists that Iraq enjoys a good reputation in terms of its financial obligations and possesses resources that qualify it paid off its foreign debt at maturity.
He was economic adviser to Prime Minister Dr. The appearance of Mohammed Saleh said the "morning" earlier: that Iraq lacks the sovereign credit rating but bonds issued by to extinguish the Paris Club debt rated close to those countries that have such a rating awarded Iraq.
Millionday: He explained that the interest rate and the discount rate on the Iraqi offered bonds in Earlier it is approaching the price of some countries that have rated sovereign, pointing out that the classification of Iraq's credit, although he did not officially yet determined,
Vhually probably at a temperature -B returned him well and cause an indication of optimism, saying: that this place is an official but set the intensity of turnout on the purchase of Iraqi bonds raised by accordance with the Paris Club and sold in global markets, amounting to $ 2.7 billion annual steady at 5.8 percent interest rate.
so it looked Committee on Economic Affairs with the competent authorities to issue external loan bonds and influence positive to get a credit rating from international rating agencies.
Millionday: NOTE -- IT WOULD BE VERY HARD FOR THEM TO HAVE THE RATINGS WITH SO MUCH TIME GONE BY
Millionday: NOTE -- THIS IS A MASSIVE MEETING
Millionday: came that by hosting the Committee for each of the Chairman of the Finance Committee Dr. Ahmed Chalabi and head of the economic and investment commission Jawad al-Bolani, the Parliamentary, in the presence of financial banks representatives (Cleary Office Gottlieb Steen & Hamilton LLP, Citibank and Deutsche bank and Jp Morgan),
to discuss the article (2 / Second / a) of the Federal General Budget about the version of the external loan bonds law and what the expected results of the issuance of those bonds.
Millionday: NOTE -- OBVIOUSLY IT IS NOT A SECRET THAT WITH THESE PLAYERS AT THE MEETING -- THIS IS IMPORTANT AND ALSO
Millionday: NOTE - THE RESULTS? -- THAT MUST HAVE BEEN AN INTERESTING CONVERSATIONS
Millionday: NOTE -- OBVIOUSLY THIS PRIVATE MEETING IS HUGE AND IS FOR THE ECONOMIC DEVELOPMENT OF IRAQ
Millionday: As discussed the positive impact resulting from obtaining a credit from international rating agencies rating to support the economy and the construction and reconstruction in Iraq by increasing the financial resources of the state derived from These bonds.
The Committee on Economic Affairs was formed under the chairmanship of Deputy Prime Minister D.roژ Nuri Shaways and membership of ministers (finance, planning, commerce, agriculture) and Chairman of the National Authority for Investment and Advisor to the Prime Minister for Economic Affairs and Deputy Secretary General of the Council of Ministers of Finance and Administrative Affairs and the Director of the Legal Department of the Office Prime Minister.
Millionday: SO -- THEIR GOAL IS TO GET THEIR CREDIT RATING -- THIS IS USED FOR THE COUNTRY`S INTEREST RATE FOR INTERNATIONAL AGREEMENTS--AND ALL CREDIT PURPOSES
zena: MD, I hope this question isn't crazy, but do we have to wait for their credit rating to be what it should be, before we see the rv?
Millionday: THE CREDIT RATING IS IMPORTANT TO THEM AND THE VALUES OF CURRENCY IS AS WELL BUT THEY SHOULD "SHOW THEIR HAND" IMO IF THEY WANT THEIR CREDIT RATING
Millionday: GOOD TO SEE YOU ALL -- NEWS ROCKS
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