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Tuesday, May 5, 2015

Millionday Tuesday Night News Part 1

Millionday News 5/5/15  Part 1

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

Millionday: WE HAVE SOME VERY INTERESTING NEWS TO LOOK AT TONIGHT -- SMILE

Millionday: WHOOOPOW

Millionday: HERE WE GO WITH GREAT NEWS TO BEGIN

Millionday: House of Representatives resumes on Wednesday, its 36th regular part of the second legislative term to vote on the draft law of the Federal Supreme Court, in addition to the first and second reading of the bills.
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Millionday: NOTE -- THE VOTE ON THE FEDERAL COURT ACT IS VERY IMPORTANT -

Millionday: A parliamentary source told / information /, "The agenda of the Council 36th session include the vote on the draft of the Federal Supreme Court, the law works,

and vote on the draft law on ratification of cooperation between the Government of the Republic of Iraq and the Government of the State of Kuwait in the field of higher education and scientific research Convention on the Law."

Millionday: NOTE -- THE VOTE WILL ALSO INCLUDE THE RATIFICATION OF COOPERATION BETWEEN IRAQ AND KUWAIT -- THE BEGINNING OF WHY WE ARE HERE IN THE FIRST PLACE –

A COMPLETE CIRCLE OF THE PROBLEM IN THE FIRST PLACE

Millionday: He added that "The Council will discuss the Labour and Social Affairs report on the work of the Committee, the first and second reading of the draft amendment to the Law of private investment in crude oil filter Law No. (64) for the year 2007".

Millionday: NOTE -- THE SECOND READING AND FIRST OF THE CRUDE FILTER LAW OF INVESTMENT -- PART OF THE OIL LAW --OR ITS SUPPORTIVE AMENDMENT --

Millionday: NOTE -- NOTICE THE VOTE ON THREE BILLS GIVES NO INFORMATION -- VERY UNUSUAL

Millionday: The source pointed out that "the agenda also includes the second reading of the draft law on passports, and the continuation of the second reading of the draft anti-drug law Drugs and Psychotropic Substances.

The Presidency of the Council of Representatives filed on Monday, the 35th session to the next Wednesday, after the vote on three bills and end the first reading of the draft Qanonan.

Millionday: WHOOOPOW

puffdragon: Does the filter law have any thing to do with the HCL?

Millionday: I WOULD ASSUME BUT WE DO NOT HAVE IT BROKEN DOWN IN THE LAW ITSELF --- I WOULD LIKE FOR IT TO BE THE LAST PART TO BE AMENDED BUT WE HAVE TO WAIT AND SEE

Millionday: NO INK STATES THAT IT IS

Millionday: COMMON SENSE TELLS ME IT MUST BUT WE WILL SEE WHAT THE FACTS ARE BY HOW IT PROGRESSES

Millionday: A senior official at the International Monetary Fund announced on Tuesday that Iraq's request for financial assistance from the Fund and it may be agreed to loan $ 800 million in a matter of weeks.

The director of the Middle East and Central Asia Department at the International Monetary Fund Masood Ahmed, "will work committees in this regard in the coming weeks.

We hope that we reach an agreement relatively soon," noting that "it is likely to provide the loan through rapid funding mechanism will be relatively small .. about $ 800 million.

Millionday: NOTE -- THE IMF IS LOANING THE FUNDS NEEDED WITHIN WEEKS -- THROUGH THE RAPID FUNDING MECHANISM LEADS US TO BELIEVE IT WILL BE WIRED THROUGH THEIR SYSTEM ----

THEY HOPE TO REACH AN AGREEMENT AND ACCORDING TO THIS -- THEY SEEM VERY ENCOURAGED

Millionday: Ahmed added that "Iraq has begun to withdraw from its reserves and added that it is likely to grow slightly economy after a contraction of 2.4 percent recorded in 2014,"

noting that it "recognizes the Finance Minister and the Prime Minister completely that there is a problem and are committed to finding a solution within the constraints they face.

Millionday: NOTE -- ECONOMICALLY THEY EXPECT TO GROW FROM A CONTRACTION OF 2.4% RECORDED FROM 2014 -- THIS IS BEING USED AS PROBLEM SOLVING BY ABADI AND THE FINANCE MINISTER

Millionday: And it established the IMF rapid funding to provide urgent financial assistance and advice on the economic policies of the Member States that need circumscription urgent aid to adjust the balance of payments mechanism.

According to the website of the International Monetary Fund repay the loan provided by the rapid funding over a period of between 40 to 60 months mechanism

Millionday: I THINK THAT THE RAPID FUNDING IS ACTUALLY NOT HOW IT IS SENT BUT THAT IT IS LOANED QUICKLY ---

THEY NEED THIS TO MAKE UP THE USE OF THEIR RESERVES SO THAT AMOUNT IS COVERED TO ADJUST THE BALANCE OF PAYMENTS ---- AND IT IS AN EMERGENCY -- WHOOPOW

puffdragon: the IMF loan is to the GOI not the CBI correct.no consequence to time of RV.

Millionday: THE CBI HAS BEEN USING THE RESERVES --- AND THE GOV IS WORKING TO FIX THE PROBLEM SO THIS IS A JOINT PROCESS AND ALSO A JOINT PROBLEM AS THE RESERVES ARE USED FOR ECONOMIC SECURITY (BACKING) ----

THEY ARE ALSO ASKING THE IMF FOR ADVICE -- SO HOW THIS TRANLATES AS FAR AS THE VALUE ETC -- THAT IS TO COME IN FURTHER INFORMATION NOT IN THIS REPORT

Millionday: OBVIOUSLY THE ENTIRE PICTURE HAS NOT BEEN RELEASED –

ONE REASON I WOULD SAY IS THAT THE CONFIDENCE IN IRAQ IS BUILDING WITH THE CITIZENS AND COUNTRIES SO THE INFO WILL BE GUARDED WHEN THEIR IS A PROBLEM

puffdragon: I was just wondering if the loan was to be givin in about 2 weeks doesnt mean no rv for the 2 weeks is possible.

Millionday: NO IT WOULD NOT

Millionday: IMO

Millionday: The secret of the success of the government in managing economic file it listens closely at what raised by newspapers of observations on the problems and obstacles own approaching the operational projects

and through the insights and observations of stakeholders from the men of the private sector, experts and those interested in the past .alasbua In this particular field is alerted to the Warning non-payment of dues

Millionday: NOTE -- IT IS VERY IMPORTANT FOR THE SUCCESS OF A COUNTRY AND THE INVESTORS WANTING TO DO BUSINESS IS ACTUALLY BEING HEARD BY THE GOV OF THAT COUNTRY --

Millionday: companies and contractors under the title of "market benefits" and contriver of the facts of a seminar held in this regard Aschwina including many challenges due to the delayed payment of dues came immediately reply that the crisis cell approved in the Council of Ministers to secure the amount of two trillion dinars for Tsudaidalmsthakat down first.
Millionday: NOTE -- THE CONFIDENCE OF HAVING FUNDING TO COVER PROBLEMS OR EVEN BILLS THAT ARISE ARE VERY IMPORTANT IN A DEVELOPING COUNTRY --- CONFIDENCE HAS MORE IMPORTANCE THAN MOST KNOW

Millionday: This wonderful response than would a successful decisions and contribute to overcome obstacles faced by the market due to wrong actions of some spoilers, so that the labor market breathe and will resume his activities across the continued implementation of projects that contribute to providing employment opportunities and stability 

Alsoq.hzh possible measures have surpassed the routine required in resolving the solutions and time, in the case pending legislation needs time than the age of the government "4" for years without any solution going development opportunities in vain,

Millionday: NOTE -- REMEMBER THAT THEY HAD A CONFERENCE WITH THE BUSINESS LEADERS AND INVESTORS THAT WAS HELD TO GATHER INFORMATION FROM THE INVESTORS /BUSINESSES OWNERS ABOUT THEIR CONCERNS – 

SO THEY ACTUALLY APPEAR TO HAVE LISTENED -- ONCE AGAIN ADDED CONFIDENCE --- NOT SOMETHING SEEN IN THE PAST -- SMILE

Millionday: and with the importance of laws and regulations in determining the reform path, but it must not be a peg for spoilers to tamper with the destiny of the country and delay projects and development especially if the measures sound does not affect the law and the Constitution but a way to facilitate the correct implementation of the task.

Millionday: NOTE -- MANY CHANGES REQUESTED CAN NOT BE AGAINST THE COUNTRY`S CONSTITUTION OR LAW IN PLACE -- BUT CAN BE A WAY TO ACTUALLY CARRY OUT THE TASK BY LAW OR CONSTITUTIONALLY

Millionday: This one of the main success of the government in managing economic file indicators in an important part "of the labor market," How? 

to Onzerna to the problems that may cause the delay reimburse companies and contractors, described by economist Hassan al-Asadi process as an attempt to obstruct the development process, 

we will find simply stir up complex problems and cumulative reflected in the market Fdy social problems caused by the financial obligations between dealers in the market,

 the problem may appear in a very dangerous related to the loss of jobs and a break in the market you can imagine the size of the problem caused if doubled unemployment rates, especially that the projects contribute to the absorption.

Millionday: NOTE -- THIS IS SAYING THAT SMALL PROBLEMS CAN GET OUT OF HAND WITH A NEW DEVELOPING MARKET -- FEAR CAN BE A KILLER WHEN CONFIDENCE IS NEW AND SHAKY --- 

SO THEY ARE TRYING TO RESOLVE AND PREPARE BEFORE THE PROBLEM OCCURS --- SO OBVIOUSLY PREPARING FOR THE MARKET ECONOMY -- SMILE

Millionday: Thus, two thirds of which the government was able During this proper measure of attention to the seriousness of this aspect and its impact and community missed the opportunity to lie in wait to cause a crack in a vital and important aspect, but it is the secret of success. 

The labor market in this important side of it and on the resumption of the implementation of projects sector this vital issue and important to pay certainly towards other successes successive and workshops in aspects and sectors of the task whenever the correction and correct path and manage the economic file.

Millionday: SO THEY ARE GOING TO WORK ON THE ECONOMIC FILE AND MAINTAIN FOR SUCCESS AS IT CAN VERY EASILY GET OUT OF HAND -- SO PROACTIVE INSTEAD OF REACTIVE -- GOOD BUSINESS

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


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