Morning News Comments 06/22/2015
Cancel chairman of the parliament's decision on the duration of objection to the membership of the House of Representatives
[tlm724] The Federal Supreme Court confirmed, Monday, that the duration of objection to the membership of the members of the House of Representatives open and non-specific time frame roof and extends throughout the parliamentary session,
while canceled a procedural decision of the presidency of the Council in this regard, because the presidency of the Council identified thirty day from repeating section contrary to the provisions of Article 52 first of the Constitution .
[tlm724] here is article 52
[tlm724] Article 52: First: The Council of Representatives shall decide, by a two-thirds majority, the authenticity of membership of its member within thirty days from the date of filing an objection. Second: The decision of the Council of Representatives may be appealed before the Federal Supreme Court within thirty days from the date of its issuance.
[tlm724] so they have 30 days only to vet and seat members of the council regardless of any reasons and if a member needs to be replaced they have to do it according to the law
~~~
Cancel chairman of the parliament's decision on the duration of objection to the membership of the House of Representatives
[tlm724] The Federal Supreme Court confirmed, Monday, that the duration of objection to the membership of the members of the House of Representatives open and non-specific time frame roof and extends throughout the parliamentary session,
while canceled a procedural decision of the presidency of the Council in this regard, because the presidency of the Council identified thirty day from repeating section contrary to the provisions of Article 52 first of the Constitution .
[tlm724] here is article 52
[tlm724] Article 52: First: The Council of Representatives shall decide, by a two-thirds majority, the authenticity of membership of its member within thirty days from the date of filing an objection. Second: The decision of the Council of Representatives may be appealed before the Federal Supreme Court within thirty days from the date of its issuance.
[tlm724] so they have 30 days only to vet and seat members of the council regardless of any reasons and if a member needs to be replaced they have to do it according to the law
~~~
Parliamentary Finance: decision Basra oil bet placed under foreign countries "is thoughtful"
[tlm724] Parliamentary Finance Committee confirmed on Monday that the decision to put the Basra oil under bet foreign countries was "ill-advised" and a lot of urgency and can not be released in this way.
[tlm724] ya think ??? you didn't even ask Basra about it *slap*
[tlm724] pointing out that economic reform will take time and the cooperation between the state and the citizen.
[tlm724] oh are you gonna ask the people hey can we borrow your share of the profits for a hot minute even though you don't have them yet ?
[tlm724] DB's ! This is bad idea all the way around !
~~~
Iraq outlets revenue up for "17" billion dinars in the first quarter of this year
[tlm724] stressing that the number of border crossing points which under central government control of 15 outlets. The general director of the border crossing points, Maj. Gen. Essam Sweet for "tomorrow Press," that "the financial statistics recorded within the period since the first of January until late April last couple of attaining financial revenue 17 billion dinars
[tlm724] imagine the revenue numbers when they implement the tariffs !!! just sayin...
[tlm724] pointed to "the existence of a new administrative and technical measures in order to facilitate the process of passing goods through land ports and to maximize state revenues, based on the directives of Prime Minister Haider al-Abadi, aimed at maximizing state revenues and not to continue relying on oil exports."
[tlm724] *hallelujah* bring it on baby !!
~~~
Parliamentary confirms that the country's economic conditions have forced the government to issue bonds on credit
[tlm724] al-Obeidi, Sunday, that the issuance of central bank bonds worth five billion dollars Order term is not a solution, but sometimes are taken, forcing action as a result of economic conditions experienced by Iraq
[tlm724] The issuance of these bonds is not a solution, because most of the economic policies wrong in the country today, but that the issuance of these bonds will have a negative effect and will affect the future.
[tlm724] well I don't know about that but I do know they are being issued in USD and part of me is gald about that, when they issue bonds in dollars they are paid back upon muturity in dollars ! So if there is any increase in the dinar over time then it won't have any relevance to this bond issue. In other words Iraq won't have to pay any substantial amount back because the bonds are in dollars .
~~~
Finance Committee: Iraqi reserves approaching $ 80 billion and not financed by the central budget
[tlm724] Finance Committee denied that the government had used the cash reserve to meet the budget deficit, saying that the cash reserves of $ 69 billion is added to about 10 trillion dinars, bringing total reserves to about $ 80 billion.
[tlm724] sounds about right when you add in the gold
[tlm724] The Committee expressed surprise at the central bank from the sale of hard currency which is more than the limit laid down in the budget, stressing that the market demand does not exceed $ 45 million.
[tlm724] yep I been saying the CBI knows about how much is needed for imports
[tlm724] Keywords in a statement "long", that "there is a natural movement got in the market, such as speculation or a particular agenda or an increase in the demand for the dollar."
[tlm724] he explained Keywords that "there are several proposals to address the high dollar prices such as liberalizing the sale of the dollar or an increase in the dollar exchange rate, to keep the stability, or restrict sales instructions and controls for later."
[tlm724] The parliamentary Finance met with the Governor of the Central Bank agreed to take steps to prevent Hola manipulators and control them, leading to the stability of the dinar exchange rate against the dollar."
[tlm724] the Finance Committee confirmed that "there are organized you are buying the dollar under false pretenses
[tlm724] ya think lol
[tlm724] "these groups have become controlled prices Dollar in collaboration with some corrupt in the bank and other government departments."
~~~
Citizens are waiting for the financing of small and medium projects
[tlm724] said that the central bank will announce his plan soon for the distribution of the amount of one trillion dinars between private banks waiting for a large number of small and medium entrepreneurs launch loans to set up their projects production to serve the economic movement through the operation of labor.
[tlm724] The central bank decided on the nineteenth of the month of May to approve the launch amount trillion dinars to the private banks for the purpose of financing small and medium enterprises loans to citizens and approve their own controls.
[tlm724] come on CBI get that money out there !
~~~
Finance Committee: Trends to amend the controls sold the dollar
[tlm724] the Finance Committee in the House of Representatives revealed a tendency to change the rules and regulations that underpin auction process currency at the Central Bank of Iraq.
[tlm724] considered during the meeting that the mechanism followed in the auction of foreign currency at the central bank, containing suspicions of corruption, which calls for the development of new controls to effectively contribute to the eradication of speculators and the "mafias" who are trying to exploit the crisis to raise the price of the dollar in the Iraqi market.
[tlm724] the Committee discussed with Governor of the Central Bank on the Keywords, the necessity of activating regulatory and judicial to find out the problems facing the currency auctions
[tlm724] He Abadi, that the most prominent controls that will change are those that can limit the phenomenon of manipulation or take advantage of the dollar price difference,
[tlm724] during the meeting, that what is happening from the sale of currency operations represents "a very dangerous thing," revealed the existence of banks dealing with banking companies in one neighboring countries and is working to convert the amounts it years ago, a total of up to billions of dollars.
[tlm724] how exactly they will get control is still to be determined and poses the question, who exactly is in charge ??
~~~
[tlm724] Parliamentary Finance Committee confirmed on Monday that the decision to put the Basra oil under bet foreign countries was "ill-advised" and a lot of urgency and can not be released in this way.
[tlm724] ya think ??? you didn't even ask Basra about it *slap*
[tlm724] pointing out that economic reform will take time and the cooperation between the state and the citizen.
[tlm724] oh are you gonna ask the people hey can we borrow your share of the profits for a hot minute even though you don't have them yet ?
[tlm724] DB's ! This is bad idea all the way around !
~~~
Iraq outlets revenue up for "17" billion dinars in the first quarter of this year
[tlm724] stressing that the number of border crossing points which under central government control of 15 outlets. The general director of the border crossing points, Maj. Gen. Essam Sweet for "tomorrow Press," that "the financial statistics recorded within the period since the first of January until late April last couple of attaining financial revenue 17 billion dinars
[tlm724] imagine the revenue numbers when they implement the tariffs !!! just sayin...
[tlm724] pointed to "the existence of a new administrative and technical measures in order to facilitate the process of passing goods through land ports and to maximize state revenues, based on the directives of Prime Minister Haider al-Abadi, aimed at maximizing state revenues and not to continue relying on oil exports."
[tlm724] *hallelujah* bring it on baby !!
~~~
Parliamentary confirms that the country's economic conditions have forced the government to issue bonds on credit
[tlm724] al-Obeidi, Sunday, that the issuance of central bank bonds worth five billion dollars Order term is not a solution, but sometimes are taken, forcing action as a result of economic conditions experienced by Iraq
[tlm724] The issuance of these bonds is not a solution, because most of the economic policies wrong in the country today, but that the issuance of these bonds will have a negative effect and will affect the future.
[tlm724] well I don't know about that but I do know they are being issued in USD and part of me is gald about that, when they issue bonds in dollars they are paid back upon muturity in dollars ! So if there is any increase in the dinar over time then it won't have any relevance to this bond issue. In other words Iraq won't have to pay any substantial amount back because the bonds are in dollars .
~~~
Finance Committee: Iraqi reserves approaching $ 80 billion and not financed by the central budget
[tlm724] Finance Committee denied that the government had used the cash reserve to meet the budget deficit, saying that the cash reserves of $ 69 billion is added to about 10 trillion dinars, bringing total reserves to about $ 80 billion.
[tlm724] sounds about right when you add in the gold
[tlm724] The Committee expressed surprise at the central bank from the sale of hard currency which is more than the limit laid down in the budget, stressing that the market demand does not exceed $ 45 million.
[tlm724] yep I been saying the CBI knows about how much is needed for imports
[tlm724] Keywords in a statement "long", that "there is a natural movement got in the market, such as speculation or a particular agenda or an increase in the demand for the dollar."
[tlm724] he explained Keywords that "there are several proposals to address the high dollar prices such as liberalizing the sale of the dollar or an increase in the dollar exchange rate, to keep the stability, or restrict sales instructions and controls for later."
[tlm724] The parliamentary Finance met with the Governor of the Central Bank agreed to take steps to prevent Hola manipulators and control them, leading to the stability of the dinar exchange rate against the dollar."
[tlm724] the Finance Committee confirmed that "there are organized you are buying the dollar under false pretenses
[tlm724] ya think lol
[tlm724] "these groups have become controlled prices Dollar in collaboration with some corrupt in the bank and other government departments."
~~~
Citizens are waiting for the financing of small and medium projects
[tlm724] said that the central bank will announce his plan soon for the distribution of the amount of one trillion dinars between private banks waiting for a large number of small and medium entrepreneurs launch loans to set up their projects production to serve the economic movement through the operation of labor.
[tlm724] The central bank decided on the nineteenth of the month of May to approve the launch amount trillion dinars to the private banks for the purpose of financing small and medium enterprises loans to citizens and approve their own controls.
[tlm724] come on CBI get that money out there !
~~~
Finance Committee: Trends to amend the controls sold the dollar
[tlm724] the Finance Committee in the House of Representatives revealed a tendency to change the rules and regulations that underpin auction process currency at the Central Bank of Iraq.
[tlm724] considered during the meeting that the mechanism followed in the auction of foreign currency at the central bank, containing suspicions of corruption, which calls for the development of new controls to effectively contribute to the eradication of speculators and the "mafias" who are trying to exploit the crisis to raise the price of the dollar in the Iraqi market.
[tlm724] the Committee discussed with Governor of the Central Bank on the Keywords, the necessity of activating regulatory and judicial to find out the problems facing the currency auctions
[tlm724] He Abadi, that the most prominent controls that will change are those that can limit the phenomenon of manipulation or take advantage of the dollar price difference,
[tlm724] during the meeting, that what is happening from the sale of currency operations represents "a very dangerous thing," revealed the existence of banks dealing with banking companies in one neighboring countries and is working to convert the amounts it years ago, a total of up to billions of dollars.
[tlm724] how exactly they will get control is still to be determined and poses the question, who exactly is in charge ??
~~~
|
Parliamentary Finance accuses banks of manipulating the price of the dollar against the dinar
[tlm724] The parliamentary finance committee accused, banks manipulating the dollar's exchange rate against the Iraqi dinar, while the Central Bank of Iraq has called for the use of international criminal Bmedkqan to curb money laundering and follow-up operations. |
|
[tlm724] that a group of banks make up the clumps of banking companies controlled by the owners of the banks has a corrupt relationship with the Iraqi state parties of being behind the manipulation of the dollar so you must take punitive action right based on the Law of the banks.
[tlm724] calling on the central bank to refrain from transferring funds purchased Iraqi banks to banks abroad.
[tlm724] The Commission also called on the central bank to "use criminal Bmedkaan of the major audit companies in the world to monitor and analyze the information of foreign exchange by the Bank and banks to buy dollars.
[tlm724] activate the anti-money laundering system for petes sake !
[tlm724] enforce the laws you have even if they need amended does not mean they can't enforce them ! geez
[tlm724] calling on the central bank to refrain from transferring funds purchased Iraqi banks to banks abroad.
[tlm724] The Commission also called on the central bank to "use criminal Bmedkaan of the major audit companies in the world to monitor and analyze the information of foreign exchange by the Bank and banks to buy dollars.
[tlm724] activate the anti-money laundering system for petes sake !
[tlm724] enforce the laws you have even if they need amended does not mean they can't enforce them ! geez
[therealbubbie] tlm724 noooooo just unpeg it from the dollar .. that simple !!
[tlm724] that will work therealbubbie !!!!!!!!!!!
[therealbubbie] they can do it if they want to !
[tlm724] bubbies I just keep asking who the hail is in charge ??????
~~~
Central Bank decides to open a window at his residence in Baghdad to meet delegates and scholars abroad requests
[tlm724] decided the Iraqi Central Bank, on Monday, opening a window at his headquarters in Baghdad to meet delegates and scholars abroad requests of the dollar. The bank said in a brief statement received, Sumerian News , a copy of it, that "the Central Bank has decided to open a window at his headquarters in Baghdad to meet the demands delegates and studying abroad in dollars. " He said the bank that "the dollar will be through this window at the official rate."
[tlm724] well thats one measure of control !
Iyad Allawi urges the government to remove the Central Bank of quotas
[tlm724] floundering" policy and decision "ill-considered" the central bank, which has the responsibility to maintain the value of the currency, led to a loss of confidence in Iraqi currency and pay the owners of dinars to be replaced by about fast to the dollar to maintain its value, which led to the currency deterioration.
[tlm724] replacement of those responsible for the collapse of exchange rate who were hired for reasons of partisan known, and they lack the experience to manage such a serious institution, and national personalities of the owners of expertise and efficiency and the ability to secure currency stability, and an end to the case of appointment by proxy and give confidence to those who deserved it.
[tlm724] I think this is the first I have ever agreed with Allawi ! PM Abadi's plan was for NO PROXY positions in the GOI and here we have a proxy governor sitting in one of the most powerful seats, the Central Bank of Iraq !! Replace him !
http://ift.tt/1QMjZ28
[tlm724] that will work therealbubbie !!!!!!!!!!!
[therealbubbie] they can do it if they want to !
[tlm724] bubbies I just keep asking who the hail is in charge ??????
~~~
Central Bank decides to open a window at his residence in Baghdad to meet delegates and scholars abroad requests
[tlm724] decided the Iraqi Central Bank, on Monday, opening a window at his headquarters in Baghdad to meet delegates and scholars abroad requests of the dollar. The bank said in a brief statement received, Sumerian News , a copy of it, that "the Central Bank has decided to open a window at his headquarters in Baghdad to meet the demands delegates and studying abroad in dollars. " He said the bank that "the dollar will be through this window at the official rate."
[tlm724] well thats one measure of control !
Iyad Allawi urges the government to remove the Central Bank of quotas
[tlm724] floundering" policy and decision "ill-considered" the central bank, which has the responsibility to maintain the value of the currency, led to a loss of confidence in Iraqi currency and pay the owners of dinars to be replaced by about fast to the dollar to maintain its value, which led to the currency deterioration.
[tlm724] replacement of those responsible for the collapse of exchange rate who were hired for reasons of partisan known, and they lack the experience to manage such a serious institution, and national personalities of the owners of expertise and efficiency and the ability to secure currency stability, and an end to the case of appointment by proxy and give confidence to those who deserved it.
[tlm724] I think this is the first I have ever agreed with Allawi ! PM Abadi's plan was for NO PROXY positions in the GOI and here we have a proxy governor sitting in one of the most powerful seats, the Central Bank of Iraq !! Replace him !
http://ift.tt/1QMjZ28
via Dinar Recaps - Our Blog http://ift.tt/1RqjANQ
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