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Tuesday, June 23, 2015

Millionday News 6-23-15 Part 2 of 2

Millionday News 6/23/15  Part 2 of 2

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

jtank: Awhile back they stated they would pull in all zeros in a two year period and now the above statement-- deleted currency zeros will deliberate for Sntn in the local markets, as the bank continues to center to pull the old category of the currency over ten years.

Millionday: YES -- BUT THE THING IS -- THEY PLAN ON USING SOME OF THE 50S AND SOME OTHER DENOMS THAT WILL BE ABLE TO HOLD UP AND BE USED – 

THEY HAVE ACTUALLY DURING MANY OF THESE REPORTS STATED DIFFERENT DENOMINATIONS THAT WILL BE USED IN THE FUTURE THAT ARE NOT EVEN AVAILABLE AT THIS TIME – 

THIS IS NOT UNUSUAL AFTER SUCH A HUGE EVENT OR EVEN SUCH A HISTORICAL TIME -- THIS IS NOT A SHOCK AND WE HAVE READ ABOUT IT FOR YEARS -- SO NO SURPRISE AT ALL
~~~
Millionday: Center Brief for the Iraqi Media Network (IMN) - Economic Adviser to the Prime Minister said the appearance of Mohammed Saleh said that the cabinet's approval on the proposal on Iraq's accession to the Asian Bank for investment is very important for the collection of loans and the implementation of important projects and the development of infrastructure in Iraq.

Millionday: NOTE -- THE ACCESSION TO THE ASIAN BANK (APPROVED) IS FOR INVESTMENT-LOANS AND IRAQ`S DEVELOPMENT OF ITS INFRASTRUCTURE -- WHOOPOW

Millionday: Saleh added for (IMN) that "Iraq is in dire need for such a decisions and projects, especially since all Asian countries and the European Union are included within this bank," noting that "this important field of the country's private and we need infrastructure."

Millionday: He explained that "Iraq's accession to the Asian Bank for Investment and important in the interest of the country so as to collect the loans and the implementation of important projects", stressing that "a positive decision leads to an increase in the role of international cooperation in Iraq & Investment".

Millionday: NOTE -- INTERNATIONAL COOPERATION AND INVESTMENT -- LOVE IT

Millionday: NOTE -- THE IMPLIMENTATION OF PROJECTS ===CONTRACTS AND THE MOVE FORWARD OF IRAQ` DEVELOPMENT -- HUGE

Millionday: The benefit of "will encourage Japanese and Korean companies and countries with new emerging and industrial markets in Asia, which has a role in supporting Iraq and sustenance and interaction with the investment and economic environment," pointing to "the urgent need for investments, and Asia is the closest investment partner of Iraq."

Millionday: NOTE -- IN OTHER WORDS -- THIS IS THE BEST AND MOST ADVANCED WAY TO MOVE FORWARD WITH IRAQ`S DEVELOPMENT -- SMILE

Millionday: He added that "Iraq's accession to the ADB to invest opens prospects for cooperation of the rise of Asia, which will soon be half of the total production in the world,"

noting that it "will encourage Alajnabh companies to contribute to the investment, as well as gives a positive signal for the support of the international investment community in Iraq."

He called on the appearance of Mohammed Saleh earlier, to enact a law to limit the transfer of funds out of the country, pointing out that Iraq faces the problem of transferring funds abroad.

Millionday: SO THE PROBLEM OF MOVING FUNDS AND MOVING FORWARD WILL BE ADDRESSED BY THIS MOVE IN A POSITIVE WAY -- GREAT REPORT

Doodle Brain: This is a HUGE WHOOPOW! A couple of questions please: Does Iraq need an international rate to move there currency around the world? Does Iraq need a credit rating first before accession to Asian Bank? Lastly, is there and/or how long is the approval cycle for the Asian Bank to accept Iraq? (If these questions have been asked before, my apologies)

Millionday: I DO NOT HAVE A DATE -- BUT CAN SAY THAT THE MOVEMENT OF DINAR WILL BE WITH THE GLOBAL EQUATION SIGNIFYING WHAT THE CACULATED VALUE IS -- DUE TO ECONOMICS –

NOT MUCH ELSE WOULD MAKE SENSE TO ME -- THE ACCESSION TO THE ASIAN BANK DOES NOT REQUIRE A NEW RATE BUT WOULD AGAIN OBVIOUSLY TO ME SHOW A GAIN OR PURPOSE FOR THE ASIAN BANK COMING DOWN THE ROAD -- REVENUES ARE THE PURPOSE OF THE BANKING INDUSTRY

Doodle Brain: So, would it make sense that they would have to have a pretty good credit rating to be accepted?

Millionday: I DONT KNOW

wmawhite: A credit rating is a sign to the rest of the world of what risk Iraq is when doing business with them.

wmawhite: Only makes sense

Millionday: EXACTLY -- THANK YOU WMWHITE

jtank: back to that statement--- deleted currency zeros will deliberate for Sntn in the local markets, as the bank continues to center to pull the old category of the currency over ten years. --does it also mean that it will be a controlled float

jtank: hard to tell w Iraq?

Millionday: NOTHING TO DO WITH HOW IT IS GOING TO COME OUT IN THE MARKET –

IT ONLY MEANS THAT IRAQ IS GOING TO HAVE BRAND NEW CURRENCY (JUST LIKE US AND MANY COUNTRIES) -- AND FADE THEM IN OVER TIME -- THEY ARE WORKING ON DESIGN(PICTURES) -- THATS ALL IT MEANS

wmawhite: We are confusing discussions about the local currency and what the citizen will have in their pockets with an international exchange rate.......they will not talk openly about the true value of the IQD.

wmawhite: Two different subjects.

Millionday: NO CONFUSION HUN --- JUST NEW CURRENCY IN JUST A YEAR OR SO --

Millionday: NO RELATION TO VALUE -- JUST NEW CURRENCY COMING IN THE FUTURE

Millionday: Iraqi Parliament Speaker Salim al-Jubouri to "respect and document the political agreement, and the project of national reconciliation."

Jubouri said in a press conference attended by the correspondent and Euphrates News Agency {}

"The activation of the national reconciliation project stems from the respect of the political blocs, and the document of the political agreement, which announced before the formation of the Iraqi government."

He added that "one of the key legislation that the government will be completed oil and gas law"
Millionday: ALL OF THIS REPORT IS FULL OF WHAT WE WOULD AND IRAQ WOULD LIKE TO SEE --- WHHHOPOW

Millionday: Cabinet voted on Tuesday on the recommendations of the Committee on Economic Affairs for the protection of specific national products to stimulate the private sector, was the adoption of a package of measures and policies to support the private sector by a team of national experts.

Millionday: NOTE -- WORK TO LAUNCH THE PRIVATE SECTOR -- THE HEART OF A HEALTHY ECONOMY -- LOVE IT

Millionday: JUN 23, 2015 Iraqi official: edit Mosul process begin within days

Erbil Anatolia: head of the security committee in the province of Mosul, Mohammed Ibrahim, said he was completing preparations to start the initial process for the liberation of Mosul of al Daash, within several days.

Ibrahim pointed out that the scientific aims to clear the area south of Mosul dam of Daash elements, and will be the first for the liberation of the city center step, and if successful will launch a broader military operation

Millionday: NOTE -- THEY ARE GOING TO CLEAN UP MOSUL -- WHOOPOW

Millionday: Ibrahim said that the Iraqi army and the Peshmerga forces will participate in the process, and predicted that the fighters can not Daash of movement quickly due to high temperatures.

He also stated that the Sunni forces composed of 4 thousand element is ready to participate in the liberation of Mosul process, but they need weapons and ammunition.

Millionday: NOTE -- WHHHHOOOPOW -- SUNNI

Millionday: Ibrahim called to speed up the arming of those forces which the central government holds training near Erbil.

He pointed to the military official, coalition aircraft launched strikes on sites belonging to Daash in Mosul over the past week, what caused the rumor tension between the elements of the organization, according to the saying, which is expected to make the impending operation against Daash success.

Millionday: NOTE -- THE CONFIDENCE JUMPS OFF THE PAGE -- LOVE IT

Millionday: The Iraqi government is planning to put pressure on Daash, flying through the progress towards control of areas where the Peshmerga north and north-west of Mosul forces there.

He met with Iraqi Defense Minister Khaled al-Obeidi, the Iraqi Army Chief of Staff Babacar Zebari, head of the territory of northern Iraq, Massoud Barzani, in Erbil last Friday, and discussed the details of the process of liberation of the city.

On June 10, 2014, the organization "Daash" dominated the city of Mosul, Nineveh province (north) prior to expand his control over large areas north, west and east of the country.

Millionday: SO AS WE SEE ---- THINGS ARE GOING TO CHANGE AND WE ARE GOING TO READ EVERY MINUTE WE CAN GET OF IT -- LOVE IT

thomas1: there been no bad news in over 7 weeks for real

Millionday: I AGREE -- GREAT NEWS NIGHT -- WHOOPOW

Millionday: LOVE IT AND I KNOW THE IRAQIS MUST FEEL SUCH CONFIDENCE IN WHERE THINGS ARE HEADED -- IT IS ALL SO ENCOURAGING

Millionday: HAVE A GREAT NIGHT AND DONT WIPE THE SMILE OFF -- WHOOOPOW

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