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Tuesday, June 23, 2015

Millionday 6-22-15 News Part 2 of 2

Millionday News 6/22/15  Part 2 of 2

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

Millionday: NOTE -- THE ONLY WAY THAT IRAQ HAS TO MOVE FORWARD IS TO SINK OR SWIM --- TRANSITION TO A MARKET ECONOMY OR --SINK WITH A CLOSED BORDER THAT PRODUCES A CLOSED ECONOMY --- --

Millionday: WHAT WOULD YOU CHOOSE?

puffdragon: Any kind of time frame given MD ?

Millionday: NO TIMEFRAME -- BUT THEY MET ALL WEEK ON THE CREDIT RATING FOR IRAQ AND IT HAS NO USE WITHOUT MARKET TRANSITION
~~~
Millionday: WE LOOKED AT THIS TODAY BUT HERE IS A SMALL INPUT ON IT

Millionday: Oil Minister Adel Abdul-Mahdi said "Iraq is seeking to put government treasury bonds in international markets to enhance the finances in the face of market volatility. And seeking a BB rating or more in credit rating."

Said Abdul-Mahdi said in a statement received by the agency {Euphrates News} a copy of it today, "in the past week took place in Istanbul intensive meetings with two of the three for" credit rating "{" Fitch "and" Moody "} global institutions .. No third contribute to an" Standard & Poor's, "{which lowered the credit rating of the United States in 2011 from AAA grade to grade + AA} .

Millionday: SO AS WE CAN READ -- INTENSE MEETINGS THIS WEEK FOR THE TRANSITION TO THE GLOBAL MARKET

Millionday: MAKES YOU ASK YOURSELF -- WHAT ARE YOU DOING HERE/WAITING ON-- SMILE

Millionday: With a view to the adoption of new projects that will alleviate the burden of auditors

Minister of Justice opens the channels of cooperation with the government delegation for the work of the electronic system.

Millionday: Haider Zamili, said the Ministry of Justice of the first ministries working in the mail system application, in its departments and has a project with the Ministry of Foreign Affairs on the conclusion of (the health of the issuance of agencies), and connecting the two ministries electronic system one,

and work will be done soon after the completion of some technical things. The Minister announced about it during a meeting in his office at the ministry, a delegation represented by the General Secretariat of the Council of Ministers,

Millionday: NOTE -- THEY ARE WORKING ON THE REMOVAL OF RED TAPE FOR INVESTORS AND ACTIVATING THE E-GOV SYSTEM

Millionday: made up of First Deputy General Secretariat of the Council of Ministers, Mr. Obeid replace the President of quality and his accompanying delegation section. He said Mr. Minister: that the ministry is working to improve its work by focusing on the aspects of quality and development work and move a prelude to the style of electronic work,

which requires reliance on staff incompetent, noting that the ministry leads the way in the creation of quality department within the administrative structure, in addition to being the first in Labour electronic management system within the Iraqi reform circles, registration and real estate notaries

Millionday: NOTE -- THIS IS ALL FOR THE ACTIVATION OF THE REFORMS AND ALSO QUALITY OF WORK /TRANSPARENCY

Millionday: in an effort to get to the integrated e-administration. In turn, the delegation presented the visitor, two minister to Mr. in the field of quality and speed of completion of work, the two project (the health of the breasts) for the Department of notaries and the cost of financial simple,

 linking its departments in all governorates system that sends the health of the issuance of agencies very quickly, thus contributing to easing the burden on reviewers and to prevent the trouble of assigning them to review departments in the provinces.

Ask an expert a member of the delegation Sebastian DNA project and provided an explanation for its usefulness in the diagnosis and determine the files of prisoners,

Millionday: NOTE -- SO THIS QUALITY OF WORK WILL INCLUDE THE PRISONERS AND THE RED TAPE TO VERIFY THE ISSUE THAT RESOLVE THE LOSS OF INFORMATION THERE AND MISCALCULATION ON DETAILED INFORMATION THAT MUST BE SHARED '

Millionday: , including contributing to the elimination of the similarity of names process, in addition to its role in the provision of other features, Brphi contribute to the work of the Iraqi Corrections Service.

At the conclusion of the meeting, Mr. Minister, welcomed the proposals made by the delegation of the prime minister, and asked them to send the feasibility study in order to be studied,

stressing the importance of courses intended to hosted by the quality department at the General Secretariat of the Council of Ministers, in organizing the work of government departments, because it will create a capable staff creativity in their field of work and self-development.

Millionday: SO OBVIOUSLY -- THEY HAVE ALOT RIDING ON ITS SUCCESS AND ALSO -- THE IMPLIMENTATION OF THIS HUGE PROGRAM TO SAY THE LEAST

Millionday: I BROUGHT THIS TODAY BUT WANT ALL OF YOU TO READ IT AS WELL

Millionday: WHHOPOW

Millionday: Credit ratings are also important at the country level. Many countries rely on foreign investors to purchase their debt, and these investors rely heavily on the credit ratings given by the credit rating agencies.

The benefits for a country of a good credit rating include being able to access funds from outside their country, and the possession of a good rating can attract other forms of investment to a country,

such as foreign direct investment. For instance, a company looking to open a factory in a particular country may first look at the country's credit rating to assess its stability before deciding to invest
Millionday: SO WHAT WE SEE IS THIS -- IT DETERMINES THE TERMS ON OUTSIDE LOANS AND OUTSIDE INVESTORS AT THE VERY LEAST -- BUT MOST OF ALL THE CREDIT RATING INTICES THOSE TO INVEST DUE TO THE CREDIT RATING AND THE CONFIDENCE IT BRINGS --

Millionday: SOUNDS LIKE HOW A CREDIT RATING WORKS AT ALL WALKS OF LIFE -- HOPE THAT HELPS

puffdragon: The ? on Miliki and international trial fact of fiction ?

Millionday: FACT

Millionday: Credit Ratings Are Intended To Be Comparable Across Different Sectors and Regions

Standard & Poor’s uses the same rating scale across the structured finance, corporate, and government sectors. This rating scale is designed to provide a common language for comparing credit worthiness, regardless of the type of entity or assets underlying the debt instrument or the structure of the financial obligation. 

This approach is in keeping with Standard & Poor’s goal of providing credit ratings that are reasonably comparable measures of credit quality. This means, for example, in assigning ‘A’ ratings to asset top backed securities, manufacturing firms, or local governments, Standard & Poor’s intends to connote an opinion that they have a comparable level of credit risk. Standard & Poor’s believes that, over the long term, comparable credit opinions are likely 

6/22/2015 Standard & Poor's | About Credit Ratings

Millionday: UNDERSTAND ONE THING

Millionday: THE ONLY PURPOSE OF A COUNTRY`S CREDIT RATING BEING DETERMINED IS FOR OUTSIDE INVESTORS AND INTERNATIONAL CONFIDENCE AND LOANS

Millionday: PERIOD

Millionday: UNLESS THEY WANT TO TALK ABOUT IT -- IT IS A GREAT CONVERSATION PIECE -- LOL

Millionday: DO NOT MISS NEWS -- IT IS A VERY EXCITING TIME -- THEY ARE DISCUSSING PUTTING ALL TOGETHER - TO PUT TOGETHER A TRANSITION TO A MARKET ECONOMY -- WHOOPOW

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