DINAR UPDATES 4-6-16
Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Wednesday AM Chat 4-6-16 Part 2 of 2
da58 says():The House of Representatives is almost finished assessing candidates Abadi
06/04/2016 independent) ... the political blocs seek to provide qualified candidates to serve as ministers technocrats, while theParliamentary Committee is nearing completion of a study Abadi candidates and raise the results within 24 hours.
Iraq's parliament is almost finished assessing the names of the new line-up presented by Prime Minister Haider al-Abadi, as well as the Integrity Commission and the Criminal constraint, accountability and justice, amid reports speak for the majority of the rejected candidates because of partisan irregularities or lack of experience.
~~~
Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Wednesday AM Chat 4-6-16 Part 2 of 2
da58 says():The House of Representatives is almost finished assessing candidates Abadi
06/04/2016 independent) ... the political blocs seek to provide qualified candidates to serve as ministers technocrats, while theParliamentary Committee is nearing completion of a study Abadi candidates and raise the results within 24 hours.
Iraq's parliament is almost finished assessing the names of the new line-up presented by Prime Minister Haider al-Abadi, as well as the Integrity Commission and the Criminal constraint, accountability and justice, amid reports speak for the majority of the rejected candidates because of partisan irregularities or lack of experience.
~~~
In case of rejection of the new government of technocrats lineup the ball has returned back to the stadium for the prime minister begins a new challenge may end up to defuse the political crisis, or perhaps especially as the deadline given to him will end next Sunday collapse.
Close to the head of government sources say al-Abadi was the best in the parliament to approve or reject candidates, pledged to equip them new names could get a B, the political blocs and be eligible to hold office in the government of technocrats.
Representatives of the coalition forces and the Iraqi Kurds have asserted their equipment and the National Alliance new names for candidates said about them that they have the expertise and competencies of high and will work with the prime minister to save the political process in the country.
Abadi pledges for change and reforms did not stop at just a change of government, but also will include security sensitive positions and the elimination of positions and positions of proxy agents ministers and directors general and bodies. (End) LINK
firefly_ says(): ( Declaration ) of the Central Bank of Iraq will launch national bonds ( nominal ) in Iraqi dinars ( on behalf of the Ministry of Finance) in nominal terms on 2016 / 3 / 15 and ending in 2016 / 4 / 14 Bosaddarah of five categories 06/04/2016
da58 says to larrykn():yeah.. I recall jubouri saying if they were ready prior to tuesday, they'd call an emergency session.. and this is what caught my attn too: "but also will include security sensitive positions and the elimination of positions and positions of proxy agents ministers and directors general and bodies." (End)
larrykn says to da58():have you noticed how all this is coming to an end all around the same time , hmmmm
Mudder says to larrykn():What date is that again??? LOL
larrykn says to Mudder():depends on why you ask lol
da58 says to larrykn():sure seems so huh..
da58 says to larrykn():it's fascinating to watch..
rcookie says():no ........quite actually what the imf is requiring of all of these oil reliant nations is called fiscal discipline and management........period...
larrykn says to da58():yes I love watching history being made right in front of me :)
soonrv says():Iraq's political crisis is turning into a nightmare for the US
soonrv says():http://ift.tt/23jb1MB
clay says to soonrv():and me
tman23 says to soonrv():Political crisis around the globe....... And soon to be economic crisis of mass collapses if they don't get a grip on reality...........can only say things are good for so long and skew the numbers.........
rcookie says():what lending institution on the planet upon consideration of loaning money...is not going to look at the current..mis and long term factors and realities of drivers and indicators in a country's economic status and actions...and not insist on budgetary and spending discipline...
and control on spending comensurate with economic market realities...especially when 90% of your gdp revenue is generated by an extremely volatile resource...sensitized to wild market pricing fluctuations.....puppet strings....no....rofl....no simple fiscal discipline reality standards and criteria that even individuals are expected to maintain........
rcookie says():the sky is falling.....look out!!!
rcookie says():rofl...
tman23 says to rcookie():rotfl
rcookie says():clueless
rcookie says():just posted a huge article that outlines the increase in financial sector conversions to islamic banks...and cbi policy toward participaton in currency auctions...
rcookie says():Central supports the increase of Islamic banks and prevents them from "currency auction" and specialists believe the timing "inappropriate"
Author: ASJ, BS Editor: BK, BS 06/04/2016 14:32 Number of Views: 366
Read More : http://ift.tt/23dg6th
rcookie says():nobody talking about news on auction windows yesterday...
rcookie says():Central bank: supporting the expansion of the Islamic Bachirvh
A member of the Board of the Central Bank of Iraq management, Ahmed Rehn, said in an interview to the (long-Presse), "The decision to change the activity of the six companies to Islamic banks came to encourage the owners of remittance to establish banks and companies," he returned to the "best deal with more than one bank and other financial institutions. "
He added Rehn, that "Islamic Banking Act passed by the House of Representatives (the first of October 2015 the past), in response to a request working Islamic banks came", noting that "the Banking Act, and even that of the Central Bank of Iraq, does not offer a lot of bases legal work of Islamic banks being different from the traditional, which we call business, law prepares them legal environment and public event. "
A board member of the Iraqi Central Bank management, that "the central bank decided not to enter the Islamic banking window sale of foreign currency," attributing it because "I do not have the motivation to establish Islamic banks to take advantage of that window because many observers believe that the banks have come to rely on the profits of deal with the sale of foreign currency window and neglected original functions.
Read More :http://ift.tt/23dg6th
rcookie says():Islamic bank: better for the integration of remittance companies to be a strong independent bank director
Conversely invited the Executive Director of the Islamic National Bank, to integrate remittance companies to be independent of banks be "more powerful and safety" in the banking business, because it was premature and there is such a "huge number" of Islamic banks in the light of the circumstances of the country.
The executive director of the Islamic National Bank, Sadiq al-Shammari, said in an interview to the (long-Presse), "The CBI decision to transfer the money transfer companies to Islamic banking, aims to build a healthy and strong base of operations for Islamic finance in the context of a strategy and a clearly defined private and vision, after Islamic banks have become a reality with an accelerating global growth rates have increased up to 17 percent, with total assets of more than US $ Altrliuna in the world. "
Read More : http://ift.tt/23dg6th
rcookie says():He said al-Shammari, it is necessary to "increase the developed Islamic banks' capital to 250 billion dinars to exercise all activities and the purchase of assets," adding,
"But in front of these banks big challenges, including lack of technical staffs capable of innovating new products in Islamic banking, or those capable and qualified at the central bank with expertise in Islamic banking and the products they offer, as well as the unavailability of appropriate Islamic banking banking systems. "
He accused the Executive Director of the Islamic National Bank, Central Bank of Iraq, as "still dealing with Islamic banks the same mechanism that handles commercial banks concerning the legal reserve and liquidity ratio of credit to capital ratio and the ratio of credit to deposits and other disciplines and subject to taxes or not." ,
warning of "the existence of many Islamic banks in an economic recession and the dominance of state banks on the banking sector, as the recent monopoly up to 94 percent of banking transactions and the volume of deposits."
Shammari promised, it is "too early to be in the Iraqi banking arena such a huge number of Islamic banks, because it would be good to integrate remittance companies to be independent of banks have more strength and safety in the banking business."
Read More : http://ift.tt/23dg6th
rcookie says():Financial Expert: No need to undergo any new bank tightly controlled from the central bank
Conversely student financial professionals need to "undergo any new bank, commercial or Islamic, to the tight control by the Central Bank of Iraq, especially in light of the current crisis faced by the country.
Said Bassem Jamil Antoine, in an interview to the (long-Presse), "The banking sector in the unenviable position and suffer stress and lack of homogeneity and the lag due to weak oversight on him and money transfer companies," adding that "the expansion is required banking activity because it does not meet the needs of the citizens if that there is one bank for every 40 thousand people, while the ratio should be one bank for every ten thousand people. "
And saw Antoine, that "some existing banks do not deserve to be banks do not fulfill their duties, and scoffed at the service of families or people who they founded, without offering the required service to the citizens," noting that "ambiguities occurring in the work of some of the banks are now caused by the great fraud that has in the field of money transfer. "
The financial expert, the need to "undergo any new bank, commercial or Islamic, to the tight control by the Central Bank of Iraq, especially in light of the current crisis faced by the country, which require greater vigilance and anticipation of the financial situation."
Read More : http://ift.tt/23dg6th
rcookie says():And started Islamic banking activities in Iraq since (1993) when the establishment of the first Islamic bank in Iraq called (Iraq Islamic Bank), while the number of banks that Islamic banking system trading of nine banks, including Bank of external and another Gulf opened its branch in Iraq.
The banking system in Iraq consists of 54 banks as well as the Central Bank and distributed by ownership between 7 state banks and 23 commercial banks, including special (9) Islamic banks in addition to the 15 branches of foreign banks.
http://ift.tt/1QhqLGM
Read More : http://ift.tt/23dg6th
dwightj says():WELL ANOTHER DAY ANOTHER WAIT
dwightj says():BUT IT IS GETTING CLOSER EVERYDAY
subgirl says to dwightj():but we are getting closer and just keep your eyes on the actions of the IMF :) and the meetings coming up!!
dwightj says():THE IMF CAN ONLY SUGEST SOMETHING THE CBI AND GOI HAVE TO MEET THIER GUIDELINES AND MAKE THE CHOISE OF WHAT THEY DO ITS ALL IN IRAQS HANDS
subgirl says to dwightj():that is true! i should have said the deadlines...
rcookie says to bibi):heres those pesky buzz words again.......
rcookie says():The private sector and the parallel program
Author: Yasser incumbent 04/06/2016 0:00 We talked in a previous column about upcoming economic program and focused on the importance of the clarity of the economic approach and let the emptied state to planning, monitoring and control and to allow the private sector to prove his ability on the economic file management and achieve the desired development.
Now if true , our expectations of the next of days will witness a qualitative leap in the dealing with economic affairs in the light of the upcoming reforms and promised, there is here a matter of very important regarding what the preparations taken by the private sector to take on such responsibility and more precisely what is needed from the private sector?
starting with the size of such liability is so big and requires an understanding of the new philosophy of economic program with the absorption of the financial envelope familiar with the country so they can be self - reliant in the provision of investment and construction requirements through its extensive relationships owned by the real private sector and representatives native how?.
Read More : http://ift.tt/23dg3xD;
Close to the head of government sources say al-Abadi was the best in the parliament to approve or reject candidates, pledged to equip them new names could get a B, the political blocs and be eligible to hold office in the government of technocrats.
Representatives of the coalition forces and the Iraqi Kurds have asserted their equipment and the National Alliance new names for candidates said about them that they have the expertise and competencies of high and will work with the prime minister to save the political process in the country.
Abadi pledges for change and reforms did not stop at just a change of government, but also will include security sensitive positions and the elimination of positions and positions of proxy agents ministers and directors general and bodies. (End) LINK
firefly_ says(): ( Declaration ) of the Central Bank of Iraq will launch national bonds ( nominal ) in Iraqi dinars ( on behalf of the Ministry of Finance) in nominal terms on 2016 / 3 / 15 and ending in 2016 / 4 / 14 Bosaddarah of five categories 06/04/2016
da58 says to larrykn():yeah.. I recall jubouri saying if they were ready prior to tuesday, they'd call an emergency session.. and this is what caught my attn too: "but also will include security sensitive positions and the elimination of positions and positions of proxy agents ministers and directors general and bodies." (End)
larrykn says to da58():have you noticed how all this is coming to an end all around the same time , hmmmm
Mudder says to larrykn():What date is that again??? LOL
larrykn says to Mudder():depends on why you ask lol
da58 says to larrykn():sure seems so huh..
da58 says to larrykn():it's fascinating to watch..
rcookie says():no ........quite actually what the imf is requiring of all of these oil reliant nations is called fiscal discipline and management........period...
larrykn says to da58():yes I love watching history being made right in front of me :)
soonrv says():Iraq's political crisis is turning into a nightmare for the US
soonrv says():http://ift.tt/23jb1MB
clay says to soonrv():and me
tman23 says to soonrv():Political crisis around the globe....... And soon to be economic crisis of mass collapses if they don't get a grip on reality...........can only say things are good for so long and skew the numbers.........
rcookie says():what lending institution on the planet upon consideration of loaning money...is not going to look at the current..mis and long term factors and realities of drivers and indicators in a country's economic status and actions...and not insist on budgetary and spending discipline...
and control on spending comensurate with economic market realities...especially when 90% of your gdp revenue is generated by an extremely volatile resource...sensitized to wild market pricing fluctuations.....puppet strings....no....rofl....no simple fiscal discipline reality standards and criteria that even individuals are expected to maintain........
rcookie says():the sky is falling.....look out!!!
rcookie says():rofl...
tman23 says to rcookie():rotfl
rcookie says():clueless
rcookie says():just posted a huge article that outlines the increase in financial sector conversions to islamic banks...and cbi policy toward participaton in currency auctions...
rcookie says():Central supports the increase of Islamic banks and prevents them from "currency auction" and specialists believe the timing "inappropriate"
Author: ASJ, BS Editor: BK, BS 06/04/2016 14:32 Number of Views: 366
Read More : http://ift.tt/23dg6th
rcookie says():nobody talking about news on auction windows yesterday...
rcookie says():Central bank: supporting the expansion of the Islamic Bachirvh
A member of the Board of the Central Bank of Iraq management, Ahmed Rehn, said in an interview to the (long-Presse), "The decision to change the activity of the six companies to Islamic banks came to encourage the owners of remittance to establish banks and companies," he returned to the "best deal with more than one bank and other financial institutions. "
He added Rehn, that "Islamic Banking Act passed by the House of Representatives (the first of October 2015 the past), in response to a request working Islamic banks came", noting that "the Banking Act, and even that of the Central Bank of Iraq, does not offer a lot of bases legal work of Islamic banks being different from the traditional, which we call business, law prepares them legal environment and public event. "
A board member of the Iraqi Central Bank management, that "the central bank decided not to enter the Islamic banking window sale of foreign currency," attributing it because "I do not have the motivation to establish Islamic banks to take advantage of that window because many observers believe that the banks have come to rely on the profits of deal with the sale of foreign currency window and neglected original functions.
Read More :http://ift.tt/23dg6th
rcookie says():Islamic bank: better for the integration of remittance companies to be a strong independent bank director
Conversely invited the Executive Director of the Islamic National Bank, to integrate remittance companies to be independent of banks be "more powerful and safety" in the banking business, because it was premature and there is such a "huge number" of Islamic banks in the light of the circumstances of the country.
The executive director of the Islamic National Bank, Sadiq al-Shammari, said in an interview to the (long-Presse), "The CBI decision to transfer the money transfer companies to Islamic banking, aims to build a healthy and strong base of operations for Islamic finance in the context of a strategy and a clearly defined private and vision, after Islamic banks have become a reality with an accelerating global growth rates have increased up to 17 percent, with total assets of more than US $ Altrliuna in the world. "
Read More : http://ift.tt/23dg6th
rcookie says():He said al-Shammari, it is necessary to "increase the developed Islamic banks' capital to 250 billion dinars to exercise all activities and the purchase of assets," adding,
"But in front of these banks big challenges, including lack of technical staffs capable of innovating new products in Islamic banking, or those capable and qualified at the central bank with expertise in Islamic banking and the products they offer, as well as the unavailability of appropriate Islamic banking banking systems. "
He accused the Executive Director of the Islamic National Bank, Central Bank of Iraq, as "still dealing with Islamic banks the same mechanism that handles commercial banks concerning the legal reserve and liquidity ratio of credit to capital ratio and the ratio of credit to deposits and other disciplines and subject to taxes or not." ,
warning of "the existence of many Islamic banks in an economic recession and the dominance of state banks on the banking sector, as the recent monopoly up to 94 percent of banking transactions and the volume of deposits."
Shammari promised, it is "too early to be in the Iraqi banking arena such a huge number of Islamic banks, because it would be good to integrate remittance companies to be independent of banks have more strength and safety in the banking business."
Read More : http://ift.tt/23dg6th
rcookie says():Financial Expert: No need to undergo any new bank tightly controlled from the central bank
Conversely student financial professionals need to "undergo any new bank, commercial or Islamic, to the tight control by the Central Bank of Iraq, especially in light of the current crisis faced by the country.
Said Bassem Jamil Antoine, in an interview to the (long-Presse), "The banking sector in the unenviable position and suffer stress and lack of homogeneity and the lag due to weak oversight on him and money transfer companies," adding that "the expansion is required banking activity because it does not meet the needs of the citizens if that there is one bank for every 40 thousand people, while the ratio should be one bank for every ten thousand people. "
And saw Antoine, that "some existing banks do not deserve to be banks do not fulfill their duties, and scoffed at the service of families or people who they founded, without offering the required service to the citizens," noting that "ambiguities occurring in the work of some of the banks are now caused by the great fraud that has in the field of money transfer. "
The financial expert, the need to "undergo any new bank, commercial or Islamic, to the tight control by the Central Bank of Iraq, especially in light of the current crisis faced by the country, which require greater vigilance and anticipation of the financial situation."
Read More : http://ift.tt/23dg6th
rcookie says():And started Islamic banking activities in Iraq since (1993) when the establishment of the first Islamic bank in Iraq called (Iraq Islamic Bank), while the number of banks that Islamic banking system trading of nine banks, including Bank of external and another Gulf opened its branch in Iraq.
The banking system in Iraq consists of 54 banks as well as the Central Bank and distributed by ownership between 7 state banks and 23 commercial banks, including special (9) Islamic banks in addition to the 15 branches of foreign banks.
http://ift.tt/1QhqLGM
Read More : http://ift.tt/23dg6th
dwightj says():WELL ANOTHER DAY ANOTHER WAIT
dwightj says():BUT IT IS GETTING CLOSER EVERYDAY
subgirl says to dwightj():but we are getting closer and just keep your eyes on the actions of the IMF :) and the meetings coming up!!
dwightj says():THE IMF CAN ONLY SUGEST SOMETHING THE CBI AND GOI HAVE TO MEET THIER GUIDELINES AND MAKE THE CHOISE OF WHAT THEY DO ITS ALL IN IRAQS HANDS
subgirl says to dwightj():that is true! i should have said the deadlines...
rcookie says to bibi):heres those pesky buzz words again.......
rcookie says():The private sector and the parallel program
Author: Yasser incumbent 04/06/2016 0:00 We talked in a previous column about upcoming economic program and focused on the importance of the clarity of the economic approach and let the emptied state to planning, monitoring and control and to allow the private sector to prove his ability on the economic file management and achieve the desired development.
Now if true , our expectations of the next of days will witness a qualitative leap in the dealing with economic affairs in the light of the upcoming reforms and promised, there is here a matter of very important regarding what the preparations taken by the private sector to take on such responsibility and more precisely what is needed from the private sector?
starting with the size of such liability is so big and requires an understanding of the new philosophy of economic program with the absorption of the financial envelope familiar with the country so they can be self - reliant in the provision of investment and construction requirements through its extensive relationships owned by the real private sector and representatives native how?.
Read More : http://ift.tt/23dg3xD;
rcookie says():starting on the representatives of the private sector true and I confirm here real striving to attract capital immigrant investor outside the country because the sons of the country first built and invested wealth, and then work to bring real big companies partners with competence and experience in building countries passed the same conditions and work to create climates attractive by supporting state legislation guaranteeing assure a guarantor for maintaining these partnerships in order to restore confidence in Iraq a major title for possession of natural wealth and wide.
eight many countries of the Great world consider Iraq as the eighth tiger and we embody this vision through the partnership between the state and the private sector to provide initiate construction and implementation of the requirements of projects.
now required to heal Iraq 's real private sector at home and abroad for the preparation of a parallel program of economic program expected and it is prepared to implement it and make it to the fullest, and by the way I call on everyone not to adhere to the «ego» and stumping on the material support, Vkdavqdtna a lot of chances of success anticipated.
http://ift.tt/23iWhxc
Read More : http://ift.tt/23jaZ7e
rcookie says():our expectations of the next of days will witness a qualitative leap in the dealing with economic affairs in the light of the upcoming reforms and promised, there is here a matter of very important regarding what the preparations taken by the private sector to take on such responsibility and more precisely what is needed from the private sector?
Hutch says():private sector this.... and private sector that.... one would think that they are about to do something in the ... next of days ! :D
Hutch says():rcookie: our expectations of the next of days will witness a qualitative leap in the dealing with economic affairs in the light of the upcoming reforms and promised, there is here a matter of very important regarding what the preparations taken by the private sector to take on such responsibility and more precisely what is needed from the private sector?
Hutch says():why did the private sector cross the road?
subgirl says to Hutch():lol
Pablo says():To get to the camel on the other side. :)
subgirl says to Pablo():lol
Hutch says to Pablo():you need to go back and read :D The answer is to get Iraq to the international side !
Hutch says():rcookies last article is quite telling....
BGG says():PSA - Poppy did have some kind of a "stroke-type" episode yesterday afternoon - he's been in the hospital since then. I just spoke with him. He sounds good and has miraculously bounced back (or is in the process of... bouncing back) one more time... Keep him in your prayers. Give them some space and privacy to recoup.
eight many countries of the Great world consider Iraq as the eighth tiger and we embody this vision through the partnership between the state and the private sector to provide initiate construction and implementation of the requirements of projects.
now required to heal Iraq 's real private sector at home and abroad for the preparation of a parallel program of economic program expected and it is prepared to implement it and make it to the fullest, and by the way I call on everyone not to adhere to the «ego» and stumping on the material support, Vkdavqdtna a lot of chances of success anticipated.
http://ift.tt/23iWhxc
Read More : http://ift.tt/23jaZ7e
rcookie says():our expectations of the next of days will witness a qualitative leap in the dealing with economic affairs in the light of the upcoming reforms and promised, there is here a matter of very important regarding what the preparations taken by the private sector to take on such responsibility and more precisely what is needed from the private sector?
Hutch says():private sector this.... and private sector that.... one would think that they are about to do something in the ... next of days ! :D
Hutch says():rcookie: our expectations of the next of days will witness a qualitative leap in the dealing with economic affairs in the light of the upcoming reforms and promised, there is here a matter of very important regarding what the preparations taken by the private sector to take on such responsibility and more precisely what is needed from the private sector?
Hutch says():why did the private sector cross the road?
subgirl says to Hutch():lol
Pablo says():To get to the camel on the other side. :)
subgirl says to Pablo():lol
Hutch says to Pablo():you need to go back and read :D The answer is to get Iraq to the international side !
Hutch says():rcookies last article is quite telling....
BGG says():PSA - Poppy did have some kind of a "stroke-type" episode yesterday afternoon - he's been in the hospital since then. I just spoke with him. He sounds good and has miraculously bounced back (or is in the process of... bouncing back) one more time... Keep him in your prayers. Give them some space and privacy to recoup.
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