Millionday Monday Night News 12-21-15 Part 2 of 2

Millionday Monday Night News 12/21/15  Part 2 of 2
Welcome to dinarupdates.com for News Time with Millionday!!
 
 
MArco: what comes first reforms or getting the money Karnac says........................lol offer a thought even though it is just a thought ........ an opinion is OK LOL
 
Millionday: THE WORLD BANK HAS AGREED THEY WILL GET THE FUNDS BY THE END OF THIS YEAR AND IRAQ HAS AGREED TO ACTIVATE THE REFORMS -- THEY ARE REPORTABLY IN THE MIDDLE OF ALL REFORMS BEING COMPLETE
 
Millionday: SMILE
 
Millionday: HERE IS A FORMAL CBI ORDER GIVEN TODAY THAT WAS SENT TO ME
 ~~~

Millionday: The Ministry of Finance approved on 2015/12/16 conduct a public auction auction (Y16) for the sale of the treasury for their remittances (364) on 12.20.2015
 
To / all licensed banks and licensed money transfer all companies and financial investment companies and broker the buying and selling of foreign currencies approved all companies(foreign exchange rate)
12/20/2015
 
Millionday: ISNT THAT INTERESTING THAT IS BEING DONE AT THE SAME TIME THAT THE MEETING FOR ISX TO GO GLOBAL WILL BE TAKING PLACE
 
benvetted: its funny in the political world they use of the term "Reform".... which to me = change in value of there currency....yes
 
Millionday: IT DEPENDS ON WHAT REFORM YOU ARE REFERRING TO -- THE ECONOMIC REFORM INCLUDES THE NEW MONETARY POLICY
 
Millionday: WHOOPOW
 
Millionday: NOTE -- THIS IS VERY INTERESTING AND WE SAW THIS TAKE PLACE A LONG TIME AGO BUT THIS IS NOW AND DONE AGAIN FOR CURRENT
 
Holly1 Millionday: is the isx 2016 ... a little confused 20th &21st 2016
 
Millionday: IT IS DECEMBER 2015 NEXT MONTH IT STATES -- IT WAS A TYPO
 
Millionday: When then-U.S. Sen. Hillary Clinton voted to authorize the war against Iraq in 2002, she justified her support of the invasion as a way to protect America’s national security. But less than a decade later, as secretary of state, Clinton promoted the war-torn country as a place where American corporations could make big money.
 
“It's time for the United States to start thinking of Iraq as a business opportunity," she said in a 2011 speech.]
 
Millionday: The quote was included in an email released by the State Department on Wednesday that specifically mentioned JPMorgan and Exxon Mobil. JPMorgan was selected by the U.S. government to run a key import-export bank in Iraq and in 2013 announced plans to expand its operations in the country.
 
Exxon Mobil signed a deal to redevelop Iraqi oil fields. JPMorgan has collectively paid the Clintons and the Clinton Foundation at least $450,000 for speeches, and Exxon Mobil has donated over $1 million to the family’s foundation.
 
Millionday: NOTE -- CLINTON DID A BUSINESS PROMOTION BUT NOW SHE HAS ADDRESSED THIS AGAIN
 
Millionday: Clinton’s comments pitching Iraq as a business opportunity for American corporations predated her declaration this year that her vote for the war was a “mistake.”
 
Clinton’s rivals for the Democratic presidential nomination in recent months have signaled that the Iraq War could become a key way of setting themselves apart from the former secretary of state -- especially because her comments resurrect longtime concerns from war critics.
 
In the aftermath of the Iraq War, the Bush administration pushed to privatize wide swaths of the Iraqi economy.
 
Many prominent political voices charged that the conflict was not about national security or a humanitarian mission against a dictator but was instead an attempt to use military force to open up Iraq’s closed economy to foreign corporations -- including oil giants like Exxon Mobil.
 
Millionday: NOTE -- WE REMEMBER A FEW YEARS AGO WHEN THIS WAS STARTED SO THIS IS ABOUT NOW AND WHAT IS BEING DONE
 
Millionday: In the email that referred to Clinton’s portrayal of Iraq as a business opportunity, the Clinton-run State Department called Iraq a “market where your companies can make money,” and said that in meetings with corporate executives, “U.S. government officials returned to the theme that the U.S. government stands ready to help U.S. firms operating in Iraq.”
 
The dispatch also noted that Clinton’s deputy, Tom Nides, hosted an event “on investing in Iraq with senior executives from 30 U.S. companies and senior representatives from the U.S. and Iraqi governments.”
 
Millionday: NOTE -- IN IOWA
 
Millionday: Campaign 2016: Hillary Clinton Pitched Iraq As 'A Business Opportunity' For US Corporations
BY DAVID SIROTA @DAVIDSIROTA
ANDREW PEREZ @ANDREWPEREZDC ON 09/30/15 AT 8:37 PM
 
quicktolegit96: HOW MUCH CONFUSION ARE YOU EXPECTING? THAT TYPO COULD HAVE BEEN INTENTIONAL...JUST SAYING
 
Millionday: I EXPECT CONFUSION MYSELF SO WE SHOULD SEE ALOT OF IT IMO
 
 
Millionday: The Central Bank of Iraq, on Monday, reduced the value of the dinar against the US dollar.
 
According to a statement of the bank, that "lifting of US dollar selling to banks and exchange companies rate by 16 dinars any by 1.37 percent to 1182 dinars."
 
The statement noted banks and the conversion of financial, investment and banking offices that "the exchange rate by international standards is still under study and will report results if completed, knowing that he has changed the base rate of the US dollar against the Iraqi dinar by the Bank to the (1182) dinars per dollar. "
 
The bank was selling dollars at 1166 dinars, it reported statistically the bank sold more than $ 42 billion in the auction of the currency since the beginning of this year until last Wednesday.
 
Millionday: SO THE RATE HAS BEEN ADJUSTED AND THE INTERNATIONAL RATES ARE BEING CALCULATED FROM THIS VALUE ADJUSTMENT --

​THE CONVERSION IS THE GOAL AND THEY ARE CURRENTLY WORKING ON THEIR GOAL AND OURS -- SMILE
 
Millionday: WHOOOPPOW
 
jwjd: please forgive me, I am trying to understand how devaluing is a good thing? 1182 is going the wrong way.
 
BGG: It gets them closer (or within) the required 2% IMF regulations... no one saw this coming - the way for them to comply was "give away" a few dinars per transaction... HUGE NEWS...
 
Millionday: NOTE == COST OF LIVING/INFLATION ADJUSTMENT TOOLS ETC WILL BE USED TO ENSURE THE ESTABLISHED BALANCE THAT CBI HAS IN THE MONETARY POLICY -- SO ANY ADJUSTMENTS ARE ACTUALLY JUST USED AS A CONTROL MECHANISM
 
BGG: That is Market rate / CBI rate spread... no one had any idea how they would ever be able to get this valuation to work right - turns out - EASY. Give away 16 dinars per transaction.
 
BGG: AND - stop and think... they HATE their exchange rate going the wrong direction. There has got to be a MASSIVE pot of gold at the end of the rainbow...
 
hermantowncars: could this auction price change be calculated to clear out more us us dollars in order to just have dinars?
 
Millionday: THE MARKET PRICE IS TO CONTROL THE PARALLEL MARKET AND ALSO TO CONTROL INFLATION
 
Millionday: THANK YOU FOR YOUR POINTS BGG -- GOOD POINT
 
MArco: (you missed me ) are auctions going on or stopped this week, tomorrow or next day or not.  

Millionday: SORRY MARCO ----IT SEEMS THEY ARE FOLLOWING THROUGH WITH CBI ORDERS TO REMOVE ALL FOREIGN TO CBI ACCORDING TO WHAT I SEE
 
MArco: thanks , sp foreign is only thing they are auctioning
 
Millionday: ACCORDING TO WHAT I SEE
 
Millionday: THEY HAVE HOWEVER STATED BEFORE THEY WERE NOT DOING AUCTIONS AND THEN HAVE DONE ANOTHER SO WE SHALL SEE IF THEY CALL FOR ANOTHER -- SEEMS NOTHING SET IN STONE IN IRAQ
 
Nadita: Comment : JP Morgan also downgraded oil to 20 and they are one of big companies involved in Iraq.. History repeats itself with different player
 
Millionday: GOOD POINT NADITA SMILE
 
awesomedtl: I MAY OF MISSED IT BUT WHAT DOES PROBABLAMTIC EXCHANGE MEAN? TYVM
 
Millionday: THAT IS WHAT THEY CALLED THEIR EXCHANGE RATE IN THAT REPORT -- SO I LIKED IT
 
Millionday: HAVE A GREAT NIGHT AND ENJOY THE CALL
 
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