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Monday, October 19, 2015

​Millionday Monday Newstime 10/19/15  Part 1 of 2

​Millionday Monday Newstime 10/19/15  Part 1 of 2
 
WELCOME TO MILLIONDAY NEWSTIME @DINARUPDATES.COM
 
 
Millionday: WELCOME TO NEWSTIME EVERYONE
 
Millionday: I HAVE BEEN WORKING ON THE INVESTMENT LAW VERIFICATION -- AS MANY OF YOU KNOW -- THERE ARE MANY REPORTS COVERING IT
 
Millionday: BRB -- LET ME READ THE ONE I JUST RECEIVED AND I WILL GIVE YOU AN ANSWER
 
Millionday: THERE HAVE BEEN MANY REPORTS STATING DIFFERENT RESULTS CONCERNING THE INVESTMENT LAW -- STARTING YESTERDAY THROUGH TODAY -
 ~~~
Millionday: IMO -------------IT IS NOT PASSED AND THEY WILL MEET TOMORROW ON THE AGREED UPON AMMENDMENTS ----

​THE TUESDAY IMO -- IS TOMORROW AND THE NEXT TUESDAY SESSION IS THE ONE THEY ARE TRYING TO COMPLETE IT BEFORE
 
Millionday: THE REASON I AM BRING THIS UP LIKE THIS IS >>> THE FIRST REPORT STATES THEY HAVE THE INVESTMENT LAW AMMENDED AND IT IS FOR TOMORROW`S NEWS -----
 
HOWEVER -- ACCORDING TO MY OWN VERIFICATION THEY WILL MEET AGAIN ON IT TOMORROW ----
 
Millionday: DUE TO MANY REPORTS AND THE ONES I HAVE FOUND THE MOST TRUTHFUL --- BUT NO GUARANTEES -------THIS IS IRAQ
 
 
Millionday: NOTE -- THIS REPORT IS VERY EXCITING --- READ EVERY WORD --- WHOOOPOW
 
Millionday: Iraqi economy in these difficult nowadays in the unenviable position and suffers from the accumulation of circumstances and events of abnormal passed it through decades of its modern history represented by a series of senseless wars, coups and political changes and loss of stability that drained the country,
 
which was adopted as a result of financial mismanagement of the ruling authority in resources omni directional the extracted oil sales. When prices collapsed in the global market of the Iraqi economy was the victim of a severe crisis requires solved and out of a minimum of losses.
 
Millionday: NOTE -- IRAQ`S ECONOMIC POSITION NEEDS TO BE RESOLVED WITH MINIMAL LOSSES
 
Millionday: It is to be addressed is the tendency sincere vigor of the remaining loyal sons and daughters of this country and work on the first two axes is the domestic and foreign investment solutions
 
The second axis supplementing his Vho_khas_khash institutions and public facilities and laboratories lagging and loss-making state-owned.
 
Millionday: It is to be addressed is the tendency sincere vigor of the remaining loyal sons and daughters of this country and work on the first two axes is the domestic and foreign investment solutions
 
The second axis supplementing his Vho_khas_khash institutions and public facilities and laboratories lagging and loss-making state-owned.
 
Millionday: NOTE -- FIRST IS INVESTMENT -- SECOND IS REBUILD OF PUBLIC RESOURCES
 
Millionday: Investment needs to be legislation regulating its work mechanism. And that the trend towards local and foreign investments in place in most countries of the world policy of prosperity, such as, America, Japan, South Korea and some Arab countries, European countries such as Egypt and Jordan,
 
and that there are approximately two hundred international consulting firm dedicated to promoting global investment and methods of preparation of feasibility and ways and sources of funding and implementation of projects studies.
 
Millionday: NOTE -- THEY NEED INTERNATIONAL COMPLIANCE AND ALSO TO IMPLEMENT CONSULTS TO INITIATE GROWTH - DOMESTICALLY AND INTERNATIONALLY
 
Millionday: We have the Investment Law No. 13 of 2006 and we have amended the investment law in crude oil filter No. 64 for the year 2007 average.
 
But laws and regulations not enough for the advancement of the process of investment in any country of the world, but more importantly, is to create an investor-friendly local and foreign alike investment environment.
 
Millionday: NOTE -- AS I WAS SAYING -- THIS REPORT STATES THEY HAVE THE AMMENDMENTS -- HOWEVER -- THE POINT I AM LOOKING AT IS THE CREATION OF THE INVESTMENT ENVIRONMENT
 
Millionday: Our problem on the land of Iraq - except for the Kurdistan region - that the work environment repellent to invest in it and that the mentality of the citizen saturated sediments recent past and look to foreign investment as a companion to colonialism and foreign investor, but what we must expel him colonized with all our strength.
 
This unfortunately indicates to him the reality of the situation and this is felt by investors of harassment and extortion when their review of various state departments or Massadvthm tribes in central and southern Iraq when the project sites in housing this tribal areas .
 
otkon result time investors, especially foreign ones fell and their reluctance to go to set up projects and investment of billions of their money in our country.
 
Millionday: NOTE -- THEY HAVE A PROBLEM OF THE SENSE OF DREAD AND THE CITIZEN NEGATIVE TOWARD FOREIGN INVESTORS ETC -- WE CAN IMAGINE
 
Millionday: These are the biggest problem currently facing the process Alastosmaroualemsttmaren.
Therefore, one of the first success of the investment requirements Hokhlq girlfriend him through the public awareness of the benefits of the investment environment and make a quantum leap in the banking, tax and customs systems and the provision of facilities processing power and save fuel in addition to the allocation of land easily and to facilitate the establishment of enterprises shall be without harassment.
 
Millionday: NOTE -- THEY ARE MASSIVELY PROMOTING INVESTMENT COMING TO MAKE A QUANTUM LEAP IN BANKING -- TAXATION -- AND CUSTOMS -- WHOOPOW
 
Millionday: Privatization is not new to Iraq, but starting in 1987, the days of the former regime, signs of first privatization process included some laboratories and farms that were sold at the time to the agents and associates,
 
 which has faced a wave of criticism later, where it was believed the privatization of many that it is only a means to sell the properties of the people close to the local or foreign investor.
 
Millionday: Therefore, the effective privatization need in addition to the necessary legislation that the political leadership of the wise and the desire of popularity to overcome the problems are available because the problem is now summed up in the scale of the destruction and devastation of the long these plants and installations due to looting, arson and destruction (known as the phenomenon of the senses notorious) where we had ( 192) laboratory and the company public,
 
mostly the Ministry of Industry companies and institutions mic built with public money for the Iraqi people, which was produced before the change of regime in April 2003 and had a population of employees up to (635) A member of caring for a total of (3.5) three and a half million inhabitants of census of the Iraqi people at the time.
 
 
Millionday: NOTE -- OBVIOUSLY THEY HAVE HUGE PROBLEMS TO OVERCOME AND INVESTORS WILL HELP WITH THE RETURN IN THE PLANNING FOR THE NEW IRAQ
Millionday: These laboratories and installations are now either fully disabled or semi-unemployed represent an absolute loss and an additional burden on the battered Iraqi economy by the current crisis.
 
 The most important reasons for the privatization of at the present time is limited, including the following: • ensure that the interests of workers in the laboratories and facilities idle or semi-idle under unilateral economy side represented imports of oil that are no longer able to meet the needs of the annual state budget.
 
Millionday: NOTE -- PRIVATIZATION AT THE PRESENT TIME ----LOVE IT
Millionday: OIL IS NO LONGER ENOUGH FOR THEIR NEEDS --
 
Millionday: READ EVERY WORD>>>>>
• the inability of the current Iraqi economy exhausted and weak economic performance of the leaders of the political process in the country to support these plants and facilities losers that are no longer capable of real competition in the current economic conditions and the provision of salaries for their workers.
 
• the global trend towards the private sector after most of the world went to the market economy, which relies on the private sector (clean and non-corrupt). Also, the competent international organizations such as the WTO, World Bank and the International Monetary Fund all support privatization and calls for it.
 
Millionday: NOTE -- THE WTO -- IMF -- AND WORLD BANK ALL ARE CALLING FOR THE PRIVATIZATION OF IRAQ AND THEY CANT DO IT ON THEIR OWN
 
jtank: Are their more ammendments to this investment law ? Will they do them all or drag it out one by one?
 
Millionday: THEY HAVE STATED IT WILL GO THROUGH AS ONE LAW –
 
WHICH LEADS ME TO BELIEVE BY WHAT I HAVE READ ---- THEY HAD THESE TWO AMMENDMENTS TO GO OVER/CHANGE --- SO WE WILL KNOW TOMORROW I HOPE --
 
Millionday: THEY ARE ALREADY PROMOTING THEIR INVESTMENT LAW AS A HUGE BONUS FOR INVESTORS
 
Millionday: I AM DISAPPOINTED TO THINK IT IS NOT DONE AND AM HOPEFUL THEY WILL VOTE IT THROUGH PER -- THE NEEDS FOR IRAQ OBVIOUSLY FOR INVESTMENT ---
 
Millionday: THE TRANSLATIONS READ TOMORROW TUESDAY AND NEXT TUESDAY -- SO OBVIOUSLY WE ALL WANT TO KNOW WHAT HAPPENS TOMORROW  
Millionday: The House voted on a draft law amending the Income Tax Law No. 113 of 1982 and submitted by the Legal Committee, which aims to ease the tax burden on citizens due to inflation in the property insurance rates and encourage different kinds of line with economic development.
 
Millionday: SO THIS IS WHAT WAS DONE ACCORDING TO INK
 
 
Millionday: Federal Finance Minister Hoshyar Zebari with the European Union mission and the German Ambassador, the development of economic and investment cooperation. Zebari discussed in a meeting with Constantinos Vardakiz acting European Union mission to Iraq.
 
During the meeting, Zebari delivered a message to the European Investment Bank related to the development of economic and investment cooperation with the bank mentioned by signing a framework agreement between the two sides and contribute to the development of ways to facilitate the bank's investment in Iraq.
 
Millionday: NOTE -- SIGNED FRAMEWORK AGREEMENT
 
Millionday: The Zebari, Iraq's desire to develop its relations with the bank as one of the EU institutions, which is associated with the Iraq agreement of partnership and cooperation of the site between the two sides in 2012,
 
also addressed the meeting, to the work of European companies operating in Iraq and its role in stimulating the economy, investment and the importance of creating ways to successfully work and the importance of exchange of visits between the EU and the relevant Iraqi authorities.
 
On the other hand Zebari briefed on the financial situation in Iraq based on the draft 2016 budget and the options in front of the ministry to narrow the financial gap and fill the deficit.
 
Millionday: NOTE -- THIS IS A GREAT MEETING THAT IS INTENDED TO SET UP BANKING WITH EU BANKING ----

Comments may be made at the end of Part 2  Thank You


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