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Monday, November 30, 2015

Millionday Newstime 11-30-15  Part 2 of 2

Millionday Late Newstime 11/30/15  Part 2 of 2

WELCOME TO MILLIONDAY NEWSTIME @DINARUPDATES.COM
 
Millionday: BARZANI AND OBEIDI MET
 
Millionday: Defense Minister Khaled al-Obeidi agreed with the security of Iraq's Kurdistan Regional Council adviser on the importance of continuing the exchange of information between the two parties in order to coordinate the highest and the largest between the armed forces and the Peshmerga.
 
According to a statement of the Ministry of Defense «morning» received a copy of that Obeidi pleased Barzani met in Arbil and discussed with him the military and security plans prepared for the Liberation of Nineveh province, of Daash gangs.
Millionday: to that praised the Army Chief of Staff Agency Lt. Gen. Othman Ghanimi victories achieved by our armed forces in collaboration with members of the clans those who care about and the liberalization of the village of Albu-life and the return of displaced families 
~~~
Alleha.ozkr defense ministry statement received « Sabah »copy of it that Ghanimi met with the commander of the island and the desert operations, Major General Ali Ibrahim Dbon and discussed with him the latest developments in military operations within boycotted the responsibility by providing a detailed briefing on the progress of operations, directed in collaboration with parents and the provision of services.
 
Millionday: SO AS WE SEE HERE -- NORMAL UNITY WITHIN THE COUNTRY -- THIS IS HUGE HUGE
 
 
Millionday: NOTE -- THEY HAVE COMPLETED A HUGE HURTLE TO ENSURE THE ABILITY TO SELL ON LINE FOR THE PRIVATE SECTOR
 
Millionday: Imad emirate requires the application of e-banking strategies and presence of infrastructures that are the basis for the actual application and keep up with the world in the development of banking operations, and in developing countries is the lack of such structures fundamental problem facing modern banking project with high costs.
 
It is assumed to begin developing countries in terms of the developed countries is over and this is the biggest challenge we faced.
 
Millionday: NOTE -- THE LARGEST CHALLENGE THEY FACED -- WHOOOPOW
 
Millionday: In this regard Dr. Ahmed Sabih of Wasit University, said the use of information technology is a key factor in the classification of countries, which led to the emergence of the term digital divide or technology described as dynamic or moving.
 
The infrastructure of electronic existence of an integrated banking systems for the withdrawal and deposit cards and electronic payment as well as provide online round The time, the banking system inclusive of all local banks assure the safety of the conversion to and from abroad through control systems supervised by the Central Bank.
 
He said Sabih in an interview for «morning» that developing countries when they reach a certain point in the use of technology to be developed countries has left it to another point Therefore, it described the digital divide as dynamic.
 
Millionday: NOTE -- THIS IS SUPERVISED BY CBI DUE TO THE VALUE EXCHANGE AND SALES ETC -- TAXES AND ALL IT ENTAILS --- HUGE HUGE NEWS
 
Millionday: and between to electronic banks perform their banking services in the best way and overcome all the negatives that accompany the work has to be availability of infrastructure through which those banks which serve as bases for the work of the mail which is in a wide network of all relevant actors provide and linked to the World Wide Web (Internet) according to the foundations of a standard is available.
 
Millionday: NOTE -- IT IS FINALLY DONE AND AVAILABLE -- THIS IS OBVIOUSLY THE MAGIC CARPET TO A SUCCESSFUL PRIVATE SECTOR AND ALSO PUBLIC AS WELL -- WHOOOPOW
 
Millionday: He noted the importance that the insurance will be an integral part of the network design and not add them in advanced stages which increases the cost. He said Sabih has to be put phased plan to begin the introduction of banking services and electronic according to the priorities determined by the strategic plan at the level of the bank and the central bank and the location of the country's political map and its alliances with countries. And that is the involvement of all competent parties in the development of this plan.
 
Millionday: He stressed the importance of starting the implementation of the plan through the adoption of an exploratory projects controlled in its results until the outskirts of the interaction of society as a whole, and that these projects are associated with a training plan covering aspects needed by the human staff. The aim of this project evaluation procedures and the development of laws that provide electronic banking services on a large scale control. It is also closer to the concepts in practice of the parties involved.
 
Millionday: NOTE -- OBVIOUSLY THE TRAINING WITHIN THE DEVELOPMENT CENTER AND ALSO THE ACTUAL MONITORING OF ITS SUCCESS WHEN THEY ACTIVATE WILL BE HUGELY IMPORTANT IN ALL ASPECTS --
 
Millionday: READ EVERY WORD
 
Millionday: He called Sabih at the conclusion of his speech to prepare a plan for the training of human resources on an ongoing basis and in alignment with the rapid developments in the standard systems that provide connectivity and data exchange between those involved.
 
Millionday: He pointed to the existence of many of the systems that determine the financial messaging systems and insurance Templates The proposed standard for the financial sector to be adopted and thus allow the possibility of connectivity and information exchange in the world as a whole.
 
Millionday: SO OBVIOUSLY THIS REQUIRES AND SUPPORTS THE MOVE TO A MARKET ECONOMY AND THE EXCHANGE RATES AND DOMESTIC VALUES BEING APPLIED TO THE INTERNATIONAL EQUATION AND GLOBAL PRICING INDEX BEING APPLIED OR IT MAKES NO SENSE AS FAR AS ECONOMIC LOGIC GOES
 
Millionday: WHOOOPOW
 
.MOD.sheila3: WHOOPOW
 
Millionday: THIS BEING PREPARED AND DONE IS HUGE
Millionday: LOVE IT
 
 
 
Millionday: AFTER THE REPORT QUESTIONS THE SILLY REPORTS OUT THERE -- IT GOES ON TO SAY THIS WE WILL LOOK AT
 
Millionday: He Keywords saying: The instructions developed according to the vision of the Central Bank to control the sale of the dollar, which is legally and practically an order, as the central bank law provides that the central selling the currency in a simple, unconditional and this is reinforced by the guidelines of the International Monetary Fund, which is committed by the Member States, including Iraq, and the role of the central bank is to make sure the money sources that enter the process and legitimacy.
 
Millionday: NOTE -- ALL OIL IS SOLD USING US DOLLAR SO OBVIOUSLY IT HAS GO THROUGH CBI AS MANY CENTRAL BANKS -- ALSO HAS TO BE SOLD ACCORDING TO THIS STATED BY THE IMF LEGIT
 
Millionday: READ EVERY WORD
 
Millionday: He noted the importance that the banks based on the principle Know Your Customer It has a database of who opens the account and the central role of watching over the bank's commitment to this principle, either on the practical side, the real, the character of unilateral Iraqi economy,
 
 makes it imperative for the central save a certain percentage of cash inside Iraq and in the dysfunctional to inflation or vibration exchange rate, and to the Central lead This task must be continuously looks for his handling of the liquidity level in the market, noting that
 
Millionday: NOTE -- MEANING THE POSITION OF CBI AND THE PROTECTION OF IRAQI ECONOMY
 
Millionday: the tools that the central has to determine this liquidity is limited and that the general budget are determined by the liquidity ratios and central deal with this phenomenon through the available mechanism, noting that the Ministry of Finance resources dollar does not need to this amount of dollars, which paid to sell surplus a need for the central bank which is based Bembadlth Dinars.
 
Millionday: NOTE -- CENTRAL BANK DOES NOT NEED TO KEEP ALL DOLLARS IN RESERVE -- THEY USE DINARS IN IRAQ
 
Millionday: Keywords noted that the central front of two ways to get cash either err on the currency printing or sell the dollar through auction, cash and logic avoids printed currency because it raises levels Liquidity in the market so that the central option to sell the dollar tends to ensure a balance in the domestic market between the dollar and the local currency.
 
Millionday: NOTE -- THEY MUST BALANCE THE TRUE VALUE OF THE DINAR DOMESTICALLY
 
Millionday: returned d. Mehdi al-Hafez for referring to the difficult economic situation in Iraq, which resulted from the fall in oil prices, which led to a state of economic instability, adding that this is reflected in the central bank for being an essential part of the economic system in the country. 
Millionday: NOTE -- MANY ISSUES THAT COULD HURT THE ECONOMY MUST BE DEALT WITH BY THE BANKING TOOLS CENTRAL BANKS HAVE INCLUDING CBI
 
Millionday: With regard to the International Monetary Fund and the World Bank between Hafiz they refused to pay any aid unless re-examined several items in public spending, including the ration card allocations and the level of salaries and fuel subsidies in Iraq.
 
 He noted that the amount proposed in the International Monetary Fund is more than one billion dollars, while the World Bank amounts to his loan assumed about $ two billion in total Internal debt securities more than six billion dollars, pointing out that the interest rate by the rate of 7 percent and this raises concern among citizens because of the height of remarkable.
 
Millionday: NOTE -- LOOK AT THAT -- THE IMF AND WORLD BANK REQUIRES CBI JOB TO BE DONE ---- BALANCING THE ECONOMY
 
Millionday: >>>>>He noted that reliable sources confirm that the two international institutions insisting on imposing censorship on the economic and financial performance of the government, pointing out that these negative estimates make the proposed deficit impractical and far from reality and can not cover the target (deficit).
 
Millionday: SO THEY NEED TO ADJUST REALITY WITHIN IRAQ`S ECONOMY
 
Millionday: WE AGREE
Millionday: WHOOPOW
 
.MOD.Swan2013MDCOPY Millionday: GLAD YOUR NEWS CAME IN TONIGHT!
 
Millionday: ME TOO
 
Millionday: HAVE A GREAT NIGHT EVERYONE AND GOOD TO SEE YOU
Millionday: GOOD NIGHT ALL -- WHOOOPOW
 
 
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