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Monday, June 15, 2015

Millionday Monday  Roundtable 

Millionday Round Table 6/15/2015

Welcome to dinarupdates.com for Roundtable with Millionday!!

Millionday: WELCOME EVERYONE

NOTE -- I AM BRINGING THIS DUE TO THE MANY AGREEMENTS WE HAVE READ IN THE NEWS ABOUT AGREEMENTS AND TRADE IN THE REGION

Millionday: BRICS central banks experts are holding a two-day meet for drafting an operating agreement on the BRICS Contingency Reserve Arrangement (CRA) this weekend.

Officials from the five BRICS countries are meeting in Bodrum, Turkey on Saturday and Sunday to finalise the joint monetary fund ahead of the 7th Leaders Summit in Russia. Russia’s Vladimir Putin, China’s Xi Jinping, Jacob Zuma from South Africa, Brazilian President Dilma Rousseff and India’s Narendra Modi will meet for the Summit on 8-9 July in Ufa.
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NOTE -- THESE ARE CENTRAL BANKERS IN TURKEY

NOTE -- THE NEED FOR LIQUIDITY IS NOT SHOCKING BUT MEMBER STATES AND WITH WHAT WE HAVE SEEN WITH THE REGION CONTRACTS I WANTED TO SHOW YOU THIS

The $100 billion CRA was agreed at a BRICS summit in Fortaleza in July last year. China contributed $41 billion to the capital stock; India, Brazil and Russia each paid in $18 billion, and South Africa’s share is $5 billion.

The reserve fund will provide liquidity support to member countries in response to short-term balance of payments problems.

During the phone conversation, Abadi also presented a report on the latest situation of the Iraqi nation's fight against terrorism in different parts of the country, and appreciated Tehran for its supports in this regard.

President Rouhani, for his part, described fighting against terrorism as a vital necessity for all countries, specially in the region.

"All should cooperate to uproot terrorism in every part of the world and establish sustainable tranquility for the nations," he added.

SO AS WE KNOW EVERY MEETING IS GOING TO INCLUDE THE PROBLEM AND FIGHT AGAINST TERRORISM -- ISIS ETC

IF YOU WANT THE GRAVY -- YOU HAVE TO EAT THE POTATOES

Craveman: You may have mentioned it but Al-Taif For Money Transfer is now trading as of today I believe too

Millionday: WE SAW THE ORDERS FROM CBI TOO A COUPLE DAYS AGO -- SO MUCH GOING ON WHEN YOU LIST IT

GOOD POINT CRAVE I WILL CHECK FOR IT TONIGHT

CRAVE THATS GREAT -- HAVE THE LINK FOR US?

mimi3: have you seen the rv?

Millionday: OH PLEASE CAN I -- LOL

The CRA is meant to provide an alternative to International Monetary Fund’s emergency lending. In the CRA, emergency loans of up to 30 percent of a member nation’s contribution will be decided by a simple majority. Bigger loans will require the consent of all CRA members.

Meanwhile, the $100 billion development bank, funded by BRICS countries, will offer loans to other middle- and low-income countries.

SO AS WE SEE OTHER COUNTRIES WILL HAVE ACCESS TOO

Reuters reports that Zain Iraq will list on the Baghdad Stock Exchange (ISX) on 23rd June.

Under the terms of its 15-year licence awarded in 2007, the company, along with Iraq’s two other mobile phone firms, was required to float at least a quarter of its shares on the ISX by August 2011.

To date, only Ooredoo‘s Asiacell has floated.

THE TITLE --Zain Iraq to start Trading soon on ISX

NOTE -- JUNE 23RD

I HAVE TO SAY -- HOW IS IT BENEFICIAL TO REMAIN IN IRAQ TRADING AND THIS IS WHAT WE READ ABOUT JOINT INVESTORS ETC SO WE WILL HAVE TO WATCH THIS FOR SURE

END OF REPORT

jarhead: do they have to b internationally recognized for this as in FACT

Millionday: TO GO GLOBAL THEY WILL HAVE ALL PRICES

jarhead: and this will happen on the 23rd

Millionday: YES THAT IS WHEN THEY HAVE STATED

faith1: Does there have to be an International rate for ...THE TITLE --Zain Iraq to start Trading soon on ISX... ??? for Zain Irag to trade ?? Same Q... I think

Millionday: NO -- THEY ARE TRADING IN IRAQ NOW BUT THAT MAY BE THE PLAN DUE TO THE REPORTS WE HAVE BEEN READING AND THE PLAN TO ASSIGN COMPANIES TO BE LISTED AND JOINT COMPANIES TO BE DETERMINED ETC

Search Finance Minister Hoshyar Zebari, with a number of global banks - JP Morgan and City Bank - and Deutsche Bank - a second day of negotiations in Istanbul to find the financial resources to cover the deficit in the 2015 budget,

and accept Zebari During the meeting, the performance of the Iraqi economy in lost current conditions and the role of Federal budget for this year in cost control and enhance the resources and technical delegation presented its observations to the queries raised by the representatives of the three banks and relating to activities in all economic sectors

NOTE -- IRAQ IS MEETING WITH INTERNATIONAL BANKS -- SMILE - TO COVER DEFICIT AND FUND

And government and ministerial delegation was to Istanbul arrived yesterday evening to discuss the final stages in the process of issuing sovereign government bonds in the global financial market.

The delegation included Finance Minister Hoshyar Zebari and Oil Minister Adel Abdul Mahdi and Planning Minister Salman Jumaili and Governor of the Central Bank on the Keywords and Adviser to the Prime Minister for Economic Affairs, Dr. appearance of Mohammed Saleh and senior advisers and experts participating ministries and the Central Bank.

NOTE ---BONDS TO THE >>>GLOBAL<<

The delegation is scheduled to meet also with the two International Tribunals classification and Alloitman Modiner and Fitch in order to determine the credit rating of Iraq in the international capital market.

The budget law for 2015 has authorized the government to issue sovereign government bonds by seven trillion dinars to cover the fiscal deficit in the budget.

SO THIS IS TO DETERMINE THEIR CREDIT RATING

jarhead: dont they need a value to have a rating

Millionday: THEY HAVE RECIEVED ONE I BELIEVE BUT ALL IT WOULD SEEM BUT I HAVE TO CHECK ---

THE HAVE TO`S WITH SETTING IRAQ BACK UP HAVE BEEN HARD TO PIN POINT TO BE HONEST –

WE SEE SOME THINGS DONE THAT DONT MAKE SENSE AND SOME LEFT THAT SHOULD BE DONE SO I WILL SEARCH FOR NORMAL PRACTICE AS THIS IS UNUSUAL

jarhead: yes cause its no different than us

jarhead: we gotta have proven assets for building credit
Millionday: LOOK AT THAT REPORT --- IT IS TO DETERMINE CREDIT RATINGS AND GO GLOBAL – 

PUT WITH THE ISX REPORT AND YESTERDAYS NEWS IT IS FORMING A LITTLE BIT OF EXCITEMENT BY WATCHING THE REPORTS IN WHAT IS GOING ON IN THE NEWS

jarhead: yes mam

Millionday: I AGREE JAR -- GOOD POINT AND THEY HAVE PROVEN ASSETS --- SO WHICH BANK DOESNT WANT INVOLVED -- SMILE -- I WOULD AND DO

WHAT BUSINESS WOULD NOT WANT TO BE INVOLVED AND HOW COULD THEY EXPLAIN THAT IN ANY BUSINESS

faith1: going global.... to fund.... the wordage alone is exciting ! Come on up and out Iraq !

Millionday: I AGREE -- THE STEPS THEY ARE TAKING HUGE AND THIS IS IRAQI NEWS TO THE CITIZENS http://ift.tt/1gKgmpB

diane1: IN ORDER TO GET BANK LOANS DON'T THEY NEED A GOOD CREDIT RAITNG. WHICH WOULD ALSO NEED A GOOD RATE? thanks MILLIONDAY ANGEL.

Millionday: THEY CAN MEET WITH THE BANKS WITHOUT ESTABLISHMENT TO ASK FOR HELP IN DEVELOPMENT -- THEY HAVE PROVEN ASSETS SO THEY CAN GET THIS COVERED

Iraqi Prime Minister Haidar al-Abadi will pay an official visit to Tehran next week to explore avenues for broadening all-out ties between the two countries and discuss regional developments in meetings with senior Iranian officials.

The Iraqi prime minister is slated to arrive in the Iranian capital on Wednesday.

Iraqi Prime Minister Haidar al-Abadi will pay an official visit to Tehran next week to explore avenues for broadening all-out ties between the two countries and discuss regional developments in meetings with senior Iranian officials.

The Iraqi prime minister is slated to arrive in the Iranian capital on Wednesday.

During his stay in Tehran, Al-Abadi will meet Iranian First Vice-President Eshaq Jahangiri and other senior officials.

NOTE -- THIS IS WED

NOTE -- ABADI IS GOING TO IRAN

NOTE -- LET ME SAY THIS

THE EVENT WITH IRAQ IS EXPECTED ACCORDING TO THEM AND LOGICALLY GOING TO IMACT THE GLOBE -- THE REGION IS GOING TO CHANGE FOR EVER – 

THE DEMOCRATIC GOV ALONE IS HUGE BUT THE TRADE HUB IS HUGE AS WELL -- THIS IS HISTORICAL – 

ALL COUNTRIES IN THE REGION WANT A PIECE OF THE PIE AND THE MANY TRADE AGREEMENTS ETC

Al-Abadi's visit to Iran was followed by exchange of visits by the two countries' senior officials, including Iranian Parliament Speaker Ali Larijani, Foreign Minister Mohammad Javad Zarif, Defense Minister Hossein Dehqan and Jahangiri as well as Iraqi Foreign Minister Ibrahim al-Jafari, Parliament Speaker Salim al-Jabouri and President Fouad Massoum.

NOTE -- MEANING OCT VISIT

The Iraqi prime minister on several occasions has appreciated Iran's constructive role in Iraq's present sensitive situation.

In March, Abadi in a phone conversation with Iranian President Hassan Rouhani stressed the necessity for the further deepening of relations and cooperation with Tehran in all fields.

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