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Monday, July 20, 2015

Millionday Monday Roundtable 7-20-15  Part 2 of 2

Millionday Roundtable 7/20/15  Part 2 of 2 

Welcome to dinarupdates.com for Roundtable with Millionday!!

Millionday: WE HAVE SEEN MULTIPLE REPORTS FROM CBI TALKING ABOUT LIQUIDITY

Millionday: LET ME SHOW YOU THE REASON WHY THAT IS WNODERFUL TO SEE AND ALSO THE HUGE PART THIS PLAYS IN THE REFORMS OF THEIR ECONOMY AND INTERNATIONAL COMPLIANCE

Millionday: READ EVERY WORD TO REMOVE THE MISUNDERSTANDING THAT THIS IS A BAD THING
~~~
Millionday: Over time, banks have failed or required government assistance because they had inadequate capital, a lack of liquidity, or a combination of the two.

The Federal Reserve since the financial crisis has worked to increase the levels of both liquidity and capital at banking organizations.

Millionday: NOTE -- HERE IS THE FIRST WAY THE US HAS WORKED TO MINIMIZE LIQUIDITY AND CAPITAL (CASH) PROBLEMS

Millionday: The Federal Reserve implemented the Basel III Liquidity Coverage Ratio in September 2014, which was formulated with other U.S. and global regulators and requires large firms to hold levels of liquid assets sufficient to protect against constraints on their funding during times of financial turmoil

Millionday: THE SECOND WAY>>>>

Millionday: The Federal Reserve has implemented the Basel III capital standards, which also were formulated with other U.S. and global regulators.

Also, through the Federal Reserve's annual stress tests and capital planning processes, large financial institutions are required to hold enough capital to absorb losses in a severely adverse economic environment and continue to lend to households and businesses.

For the largest banks, the amount of high-quality capital they hold has more than doubled from the end of 2008 to the end of 2012, in part as a result of these efforts.

Millionday: NOTE -- BASEL COMPLIANCE DEMANDS IRAQ`S BANKS TO HAVE >>>PROPER COMPLIANT AMOUNTS OF LIQUIDITY THROUGH BASEL III<<<<<

Millionday: THE NEWS OF IRAQ MAKING LIQUIDITY MOVES ARE NOT BAD NEWS OR A SIGN OF WEAKNESS -- IT IS A SIGN OF THEM MOVING TO COMPLIANCE LEVELS -- VERY VERY GOOD NEWS

Millionday: WHOOOPOW

Baxter1243: So whats Maliki doing today.....?? wasnt he supposed to resign today.?

Millionday: HE HAS BEEN ASSURED THAT HE IS GOING BEFORE INTERNATIONAL COURT SO IMO -- THE WINDOW TO RESIGN HAS EXPIRED –

HOWEVER WE SHALL SEE IF THEY LEFT IT ON THE TABLE ? LOL

diane1: Is Iraq Basel III yet? Or are a lot of these laws being done this week will probably be very exciting.

Millionday: THEY WERE AND WE DID HAVE A REPORT ON THE BANKS AND THEIR COMPLIACE CURRENTLY BUT NEED TO LOOK AT UPDATED REPORTS ON BIS

Millionday: BANK OF INTERNATIONAL SETTLEMENTS

puffdragon: So kurd non pymt half going to basel 11 compl?

Millionday: TWO SEPARATE ISSUES

Millionday: THE OIL AGREEMENT COMMANDS THE DISTRIBUTION AND COMPLIANCE FOR INTERNATIONAL BANKING --BIS -- COMMANDS BASEL LIQUIDITY AMOUNTS AND BANKING REGULATION REQUIREMENTS

Millionday: National Alliance MP Habib Terminal, he said some very important legislation discussed by Parliament after the Eid al-Fitr holiday.

And between Terminal told all of Iraq [where] that "the most prominent laws that will be discussed after the Eid al-Fitr is the Federal Service and the law of oil and gas of the Federal Court project."

He explained that "these laws have become important and dangerous and must speed up the approval by."

It is scheduled to resume its Parliament after the holiday is expected to discuss during which several laws including the Off the Federal Court and the oil and gas did not get a political consensus to postpone causing discussed several times.

Millionday: SO THE COMMITTEES HAVE BEEN RESOLVING ANY CHANGES NEEDED IN THE IMPORTANT LAWS THAT ARE REPORTABLY PREPARED FOR VOTE AFTER EID THAT ENDS TODAY ----- THE OFFICIAL PARLIAMENT SESSION DATE IS THE 25TH

snowhite: If Iraq wants to peg the dinar to the SDR basket not the usd do they need to wait until the the basket is open to RV or could they RV pegged to the $ and then change to the basket?

Millionday: THEY COULD CHANGE TO THE BASKET AND LEAD THE INTERNATIONAL RECOGNITION OF THE DINAR PEGGED TO THE USD

Millionday: THE THING IS WHAT THEY WANT TO DO -- NOT WHAT THEY COULD DO ---

I HAVE NOT SEEN INK TALKING ABOUT THE GOAL TO IMPROVE THEIR VALUE TO THE SDR ONLY THE US DOLLAR

Millionday: I WANT TO MAKE A POINT TODAY

Millionday: VERY IMPORTANT ONE

Millionday: >>>>>>>>>>THE LACK OF LIQUIDITY AMOUNTS IS NOT A THREAT OF IRAQ HITTING BANKRUPTCY ---

 IT IS A MOVE TO BECOME AND MAINTAIN BASEL III COMPLIANCE AMOUNTS TO BE INTERNATIONALLY COMPLIANT FOR BANKING --- THIS IS A GREAT THING NOT A NEGATIVE ----

Millionday: MAKE SENSE

Millionday: END OF POINT -- SMILE

Millionday: National Alliance MP Ahmed al-Badri said, that the House will have an attitude toward the federal government allocations stabbed body the popular crowd in the general budget.

He said al-Badri told all of Iraq [where], that "the popular crowd gave achievements and victories across exert blood for the holy sites, as presented themselves for the liberation of areas from terrorists, but there must be political in this direction rally." 

He added, "We are surprised challenged the government some paragraphs of the budget allocated to support the popular crowd, as there amount identified within the budget items for the support of the crowd and his pieces in terms of armament and preparation and training but Astgrbena government's position on this paragraph and the appeal by the Federal Court.

Millionday: NOTE -- TERRIBLE TRANSLATION

Millionday: NOTE -- NOTICE THE AMOUNTS HAVE NOT BEEN RELEASED TO THE DISPLACED OR THOSE TRYING TO ASSIST

Millionday: He stressed that "we will not stand as a council deputies idly toward the subject, as We must as politicians to support the popular crowd practically as legislation laws that support it, 

especially with the Almighty outcries against the crowd and throwing accusations at him for that to be the age of deterrent laws must be saved Martyrs rights and wounded the crowd. " 

He explained Badri "after the holiday, we will discuss with the Finance Committee in parliament legal mechanisms that are entitled to the Board during which the House of Representatives to object to what was done by the government on the abolition of some of the paragraphs of the budget to the Federal Court and the ways legal.

Millionday: NOTE -- THEY ARE TO RESOLVE ISSUES OF THE MOVE TO CHANGE ANYTHING IN THE BUDGET -- AS IT IS LAW

Millionday: He continued, "When we are talking the talk be legal frameworks Is Chamber of Deputies may appeal this, or is it binding, so we will have a position in this trend after the holiday. " 

The Federal Supreme Court has challenged on the sixth of July of this, Article 41 of the Budget Law for 2015, which states calculates body the popular crowd allocations so as to ensure the involvement of 0.5% of the population of all provinces except the provinces of province Krdstan.

Millionday: SO THE ISSUE IS THIS -- ONCE A LAW IS PUT IN PLACE ALL ISSUES WITHIN DETERMINE THE LEGALITIES WITHIN --- IT IS LAW

Millionday: WE WILL SEE YOU ALL TONIGHT AT 730 EST

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