Dinar Updates Sunday PM Chat 4-24-16 Part 3 of 3

DINAR UPDATES 4-24-16
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Chat Room Excerpts & Highlights
 
Dinar Updates Sunday PM Chat  4-24-16  Part 3 of 3
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Pablo says():They want to ensure fair elections in Iraq? What about fair elections in the US?
 
rcookie says():Federal Court did not issue any topic on the subject of fire the head of the House of Representatives (Details)
 
25-04-2016 12:00 AM  The official spokesman for the Supreme Judicial Abdul Sattar Bayraktar, said on Sunday that the Federal Court did not issue any decision on the interpretation of Article {59} for the quorum to Jselt the House of Representatives.
 
Said Bayraktar in a press statement, that ' the Federal Court did not issue any decision on the interpretation of Article {59} for the quorum of the meetings of the House of Representatives, while stressing that the Federal Court did not issue any topic on the subject of fire the head of the House of Representatives or anything else regards Parliament'.
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 Regarding the quorum last hearing said a spokesman for the judiciary, that 'no one has challenged the legality of the meeting and the interpretation of Article {59} of the Constitution, until the Federal Court decides so.'
 
Article includes {59} of the Iraqi Constitution, first {achieved Quorum for sessions of the Council of Representatives in the presence of an absolute majority of its members}, {Second Decisions in the Council of Representatives by simple majority after quorum is achieved, unless otherwise stated}.
 
http://ift.tt/1XQU2hl
 
rcookie says():Iraq awaits «Super Tuesday»: Two sessions of the parliament divided escort «Magdy Rady» chest
 
Monday, April 25, 2016 - In conjunction with the Iraqi parliament postponed its overall from yesterday to tomorrow, convened under the chairmanship of Salim al-Jubouri, Iraqi Shiite cleric Muqtada al-Sadr also postponed a demonstration of his supporters was scheduled to launch today, to tomorrow.
 
Sadr said in a press statement released yesterday: «the Iraqi parliament session has been postponed to tomorrow faithful Brethren Make peaceful Tazahratkm millions of angry Tuesday».
 
He added: «not shorten in support of reform and Vaikm at home and turn it in to the committee supervising».
 
Presidency of the Iraqi parliament has decided to postpone the session overall from yesterday to tomorrow, Tuesday, to discuss the government's reform and readiness to host the parliament, Haider al-Abadi, the prime minister, to display his booth (squad) new cabinet.
 
Said Imad al-Khafaji, a spokesman for the speaker of parliament, said in a statement issued by his office, said that «the presidency of the House of Representatives decided to hold a comprehensive meeting on Tuesday, at one in the afternoon, to discuss the government's reform and readiness of the House of Representatives to host the Prime Minister to show his booth ministerial».
 
At the same time, Adnan al-Janabi, interim president of the parliament-elect announced by the protestors of Representatives, to postpone a hearing on Wednesday to next Tuesday, said at a press conference at the parliament building «move came in response to the many to postpone the hearing until next Tuesday, to give consultations between the political blocs of claims an opportunity to reach an understanding to hold a hearing attended by everyone. »
 
In turn, the MP said Haitham al-Jubouri, a spokesman for the protesters of Representatives, the Federal Supreme Court (competent court dismissal of legal disputes) responded to queries House of Representatives about the check quorum of the meetings of Parliament, stressing that a clear answer calls affected by the decisions of Parliament to go to appeal.
 
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Hutch says():«Super Tuesday»
 
RickeyT says(4:32 PM): Meet the Iraqi flying a U.S. plane in the battle against ISIS
 
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rcookie says to RickeyT():Money chunky weaken bank deposits
 
4/25/2016 0:00 BAGHDAD - Hussein Tgb
 
Student Alkhbayralamsrvi Mohammad Ali Jaber work on the deployment of banking culture that have an impact on the dollar's exchange rate against the dinar, stressing the importance of adopting means working to expand the deployment of banking culture base, which urges the public beneficiaries to deal with the banks and not to follow the culture of hoarding money in houses owned by citizens houses.
 
He said in an interview for «morning»: The citizen who is prescribed to deposit his money in private by the banks to be sure that it is investing in the right direction and that there is protection for his money , which can move calculated continuously without problems, pointing to the need to speed up the enactment of appropriate laws to this trend.
 
Jaber urged the importance of accelerating the pace of work to establish a deposit insurance company being established under the umbrella of a law guaranteeing the right of depositors, and that the board of Directors consists of private banks to participate and operate in accordance with the safeguards mechanisms submitted to the deposits that mean private banks.
 
He stressed that the move enhance the confidence of depositors in banks as contribute to the development of the reality of the banking business, noting the importance of working to create a banking culture among public opinion here has to be concerted banking sector efforts with the media in this mission , which aims to strengthen the country 's economy.
 
the Jaber explained in an interview earlier the importance of working on the development of human resources to operate in and brought into the banking sector in the development courses under the supervision of international experts,
 
noting that workers in the financial sector must be Atsvo high professionalism to enable advanced banking products offered by international banks to their customers of the companies and the citizens. He called to the importance of enabling the banking sector and make it able to handle large numbers huge financial blocs required by the economic process in the future.
 
Jaber stressed Dharor activate public relations and take an active role in communicating with citizens and lure money supply chunky in homes to banks and employ local economy service through its investment in productivity and service various projects, pointing out that it billions of dollars.
 
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rcookie says():EXPAND DEPLOYMENT OF BANKING CULTURE BASE....
 
rcookie says():URGES CITIZENS TO DEAL WITH BANKS INSTED OF HOARDING MONEY IN THEIR HOMES.....
 
Loop says to rcookie():Isn't Chunky Money a Ben and Jerry's ice cream flavor?
rcookie says():ENCOURAGING AND EDUCATING CITIZENS THAT DEPOSITING AND DOING BUSINESS WITH PRIVATE BANKS IS INVESTING...PROTECTING AND GROWING THEIR MONEY....
 
rcookie says to Loop()::D
subgirl says to Loop():(lol)
 
rcookie says to Loop():DEPOSITORS INSURANCE AND USURY LAWS....PROTECTING DEPOSITORS...GROW CONFIDENCE...AND CREATE BANKING CULTURE...

AND CALL ON MEDIA AND EDUCATION AND LITERACY EFFORTS TO DRIVE....
DEVELOP HUMAN RESOURCES AND BANKING SERVICES INSTRUMENTS...ON PAR OR BETTER THAN LEADING INTERNATIONAL BANKING SECTOR COMPETITORS...
 
rcookie says to Loop():THESE SKILL SETS HAVE BEEN IDENTIFIED AND TRAINED ON BY INTERNATIONAL AGENCIES LIKE TE IMF..WB AND WTO (THINK OF THE 50 METAC WORKSHOPS)...
 
CaLLING ON ENABLING THE BANKING SECTOR ABLE TO HANDLE LARGE NUMBERS OF HUGE FINANCIAL BLOCS BY ECONOMIC PROCESS OF THE FUTURE!!!!......BOULYAAAAAAAH!!!!!....
 
CALLING ON BANKING SECTOR PR TO ACTIVATE ROLE OF COMMUNICATE CITIZENS AND LURE "CHUNKY" MONEY AWAY FROM HOMES...AND INTO BANKS...DRIVING INVESTMENT AND LOANS....
 
rcookie says():included foreign companies institution abroad and the rules of the shares branches of these companies to include and be part of the conditions to obtain contracts for the implementation of projects in Alarac.oakhtaatm
 
Abdul Salam his speech by showing the importance of developing the rules of the public offering (IPO) in the companies Act when the new company marketing the shares or existing companies when increasing their capital depending on the market value or fair value and not on the basis of the nominal value. responsibility sectoral bodies for his part ,
 
called on the director of market systems department at JSC Ali Abdel Sayed body and the Iraqi market for securities to do a turn leading the desired , adding that the central bank 's decision to increase the minimum capital of banks funds to 250 billion dinars since 2011 negatively affected the stock prices and the performance of companies, shareholders and investors ,
 
local Alojanb.oachttemt workshop organized by the Iraq stock Exchange its business by issuing 11 recommendations that will contribute to raise the profile of trading and indirect investment in Alborsh.onst recommendations on the need for increases in banks' capital and limit the approval of the increase by the Securities Commission as is the case in neighboring countries,

as well as requiring companies that profit distribute at least 50 percent of net distributable profits in cash on investors. recommendations of the workshop and emphasized the recommendations of activating the role of corporate governance by all the relevant authorities listed companies and save small investors ' rights,

and the importance of activating the supervisory role of the market and not to be the recipient of irregularities but the initiator of the disclosed and do not let happen again, as well as greater transparency for the market indices to reflect the real situation on the size of the sharp decline in prices and accurately to index the daily market.

the recommendations called to stop working to allow brokerage firms to invest 65 percent of its capital in the Iraq Stock Exchange and to identify the role of mediator operations buying and selling to investors exclusively, and the granting of financial investment companies to publicly traded or purses shares run directly by giving them a limited circulation of leave as a reasonable and acceptable license fee.

and showed the importance of reviewing the ratio of the foreign investor 's contribution in listed companies and that does not stay open without any limitation as is the case in the money markets of neighboring countries, stressing at the same time the need to modifying the companies Act,

allowing companies to buy its shares listed on the market and covered by the accumulated surplus or funding them and then sell when conditions improve knowing that it exists in several countries.
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it showed that this method contribute to raise prices and give confidence to investors and absorption quotient of inflation in some of the capital companies. She stressed the need to reconsider all the decisions and instructions , including the Securities Act to be consistent with the concept of the stock market or the stock market.
 
http://ift.tt/1Smiabm
 
rcookie says():ISX CHAIRMAN STATING THE IMPORTANCE TRANSAPRENT LAWS AND GOVERNANCE TO ATTRACT INVESTMENT & BUSINESS...INCREASE GDP... TRANSITION TO MARKET ECONOMY....AND DRIVE PRIVATE SECTOR LANDSCAPE...
 
cjquade54 says():everyone is on their case lol
 
rcookie says():HE SPOKE TO VARIOUS AGENCIES INCLUDING CBI AND OTHER SECTORAL AGENCIES AND IDENTIFIED 3 MAIN GOALS....1ST TO COOPERATE WITH ECONOMIC & INSTITUTION INVESTORS FOR ATTRACTING NATIONAL INVESTMENT...
 
IN THE FORMATION OF NEW JOINT PUBLIC PRIVATE SECTOR VENTURES....THROUGH ATTRACTIVE STOCK OFFERINGS..ALLOWING FOR CO-EXISTANCE THROUGH FLEXIBLE RULES & REGULATIONS.....
 
2ND IS DEVELOPMENT OF TRADING SYSTEMS THAT OFFER SECURITY AND STATIC REMOTE GLOBAL ACCESSABILITY TO INVESTORS....
 
AND 3RD IS PROMOTING COMPANIES TO ACHIEVE HIGHEST PERFORMANCE STANDARDS AND EFFICIENCY TO DRIVE PROFIT AND GROWTH....SOMETHING THEY HAVE NOT HAD TO ACHIEVE IN THE STATE OWNED ENTERPRISE ENVIRONMENT IN THE PAST......
 
rcookie says():ARE YOU GUYS SEEING THIS!!!!!!!!
da58 says():YUP!!
DIGIman1 says to rcookie():yup :)
 
jquade54 says():global and high performance
jimplants says():you are on fire didnt want to slow you down
 
rcookie says():SEVERAL PROPOSALS FOR CAPITAL MARKET DEVELOPMENT AND INVESTMENT......INCLUDING THE NEED FOR CAPITAL MARKET LAW........HUGE!!!.....
 
NOT AMENDED SINCE 2008!!!!.....WOW....CALLING FOR DIVERSIFICATION OF FINANCIAL INSTRUMENTS IN INVESTMENT...ESPECIALLY BONDS...AND PORTFOLIO MANAGEMENT....
 
wmawhite says to rcookie():This requires the free flow of currency into and out of Iraq.
 
rcookie says():ECONOMIC FEASIBILITY STUDY AND FINANCIALS REPORTING FOR INVESTORS IN THE ISX.....CALLED TO ISSUE RULES OF CORPORATE GOVERNANCE OF PUBLIC COMPANIES...BASED ON TRANSPARENCY AND FULL DISCLOSURE!!!!!!!.......WHAT!!!!....YEAH LIKE THAT HAS EVER...EVER HAPPENED BEFORE...
 
wmawhite says():and what happens when.........".AND 3RD IS PROMOTING COMPANIES TO ACHIEVE HIGHEST PERFORMANCE STANDARDS AND EFFICIENCY TO DRIVE PROFIT AND GROWTH..."  ........
 
what happens when investors earns a profit? He/she want to take their profits home with them.....This requires the free flow of currency into and out of Iraq.
 
rcookie says():DEPOSIT INSURANCE CORPORATION...MANDATED BY IMF/WB....TO ATTRACT NATIONAL SAVINGS DEPOSITS AND PROJECT INVESTMENTS...(BONDS..THINK PORT OF FAW)....
 
NEED TO ISSUE RULES OF SECURITIES TO INCLUDE FOREIGN COMPANIES LISTED IN OTHER MARKETS AND BOURSES.........BOULYAAAAAH!!!!!!
 
subgirl says():WOW! into and out of Iraq?! WOW! thank you rcookie and mr white! Great stuff!!
 
rcookie says():INITIAL PUBLIC OFFERING (IPO) RULES...FAIR MARKET VALUE VS FAIR VALUE STANDARDS
 
R&R says to rcookie():Recall back in February the GOI decided to raise deposit rates to 18%? Apparently, that wasn't enough to lure the "chunky" back in. Iraqis want to know that their deposits are insured too. Now we have a mandate from the WB/IMF to set up deposit insurance. Good stuff rcookie! (y) 

rcookie says():TALKED ABOUT NEGATIVE IMPACT OF CBI RAISING MINIMAL CAPITAL REQUIREMENTS TO 250 BILLION IN 2011....TO STOCK PRICES...COMPANIES AND SHAREHOLDERS....
 
AND TALKS AGAIN ABOUT NATIONAL FINANCIAL & ECONOMIC LITERACY DRIVE...AND OUTLINING 11 RECOMENDATIONS TO RAISE THE PERCEPTION OF INDIRECT TRADING AND INVESTMENT....
 
ACTIVATING ROLE OF CORPORATE GOVERNANCE AND SUPERVISORY ROLE OF THE MARKET IN PROTECTING SMALL INVESTORS RIGHTS....
 
rcookie says():FULL FINANCIAL REPORTING TO INTERNATIONAL STANDATDS...IFRS (INTERNATIONAL FINANCIAL REPORTING STANDARDS)...TALKED ABOUT EARLIER TODAY....
 
TRANSPARENT REPORTING TO DAILY MARKET ACTIVITY...AND THRESHOLDS OF BROKERAGE PARTICIPATION..LICENSING FEES...
 
AND RATIO OF FOREIGN INVESTOR OWNERSHIP OF LISTED COMPANIES....AND REVIEW OF THE SECURITIES ACT DECISIONS & INSTRUCTIONS....

rcookie says to wmawhite():GREAT POINT MR WHITE!!!!....AND WHEN HAS IRAQS BUSINESS MANTRA EVER BEEN PROFIT...EFFICIENCY AND COMPETITION SENSITIVE AND DRIVEN.....

da58 says():WOW - Tremendous info rcookie

rcookie says to wmawhite():ARE...YOU....KIDDING!!!!!

BGG says to subgirl():You all enjoy all the news with Mr Cookster and Chopper Jockey??
subgirl says to BGG():yep :) lol (y) We have had an awesome News day today!!!
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Baxter says():Lots of News... for sure today...
Hutch says to subgirl():ITS BEEN THAT WAY ALL WEEK !

Part 1

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