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Tuesday, June 7, 2016

Dinar Updates Monday PM Chat  6-6-16   Part 2 of 2

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Dinar Updates Monday PM Chat  6-6-16   Part 2 of 2

 
larrykn says():The Central Bank calls from pushing more than 1200 dinars for a dollar to complain to him
 
An economy Since 2016-06-06 at 17:11 (Baghdad time)  Baghdad – the balance of news
Called CBI, Tuesday, citizens and merchants who pay more than 1200 dinars for a dollar that they buy it from banks or companies convert to complain to him.
 
The Central Bank said in a statement received/balance of news, copy, "citizens and merchants who pay more than $ 1200 dinars for a dollar that they purchased from banks or Exchange ausharkat conversion companies in cash or money orders or documentary credits, a complaint to the Central Bank with payment", stating that he "will pay the difference to the buyer by the Central Bank and taking account of the seller.
 ~~~
The CBI said that it was "a confirmation of directions and instructions for foreign currency exchange rates. over 29/h 33
 
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jarhead says():what is the 6-6 in that article ???
jarhead says():complain to him 6-6
 
rcookie says():NORWAY IS MOVING TO BAN SALE OF GAS CARS BY 2025....
jarhead says():it'll b all over the world soon

dinarmassa says to rcookie():That is assuming cars will be electric at that point, what other fuel source are they working on.

jarhead says():lithium battery manufacturing destroys more earth than oil and gas ever thought about
mrjazzman66 says to larrykn():Hydrogen next big push for replacement of fossil fuel,,,jmo
 
rcookie says():Dhi Qar presented 36 investment opportunities in Shatra north of the province spend
 
Author: HUA  Editor: BK 06.06.2016 17:44 Number of Views: 305  Long-Presse / Dhi Qar   Announced Dhi Qar management, on Monday, subtract 36 investment opportunity variety in the district of Shatra, north of the province (375 km south of Baghdad), usually they come in the framework of activating the role of the private sector in development and create more job opportunities within the available resources and laws.
 
This came during the first investment conference, the opportunities available in the foundation design to spend Shatra, (45 km north of the city of Nasiriyah), which was held at the Cultural Center Hall of the center of the judiciary, and attended (range Press).
 
The mayor Shatra director, Nazim Nasser, in an interview to (to the extent Press), said that there are "36 investment opportunity for variety in Shatra, distributed as follows: 15 within the municipal directorate, and 14 industrial, agricultural and five and one commercial, like a tourist,"
 
noting that "the conference aims to encourage the movement of investment and activating the role of the private sector and job creation and exchange of ideas with the concerned authorities to improve the rate of elimination and development within available resources and laws. "
 
The conference was attended by the first deputy governor of Dhi Qar, just Aldechala, a group of members of the provincial council and local officials and the heads of relevant departments as well as representatives of Thi-Qar Investment Authority and Nasiriyah Chamber of Commerce and the Confederation of Businessmen and the Union of Industrialists and other institutions, associations and departments concerned with investment.
 
The Dhi Qar management, announced (29 May 2016), subtract 27 investment opportunity in the district of Suq, (35 km south of Nasiriyah), and expressed its intention to hold more similar conferences in the rest of its administrative units, to develop its economy and face the repercussions of the financial crisis current.
 
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Pablo says to subgirl():So, what's so exciting? News about the VND come out too?
 
rcookie says):Parliamentary Economy: Conditions for international loans will improve the Iraqi economy
History Tahrir:: 2016/6/6 10:16 • 236 times mqrw’h
 
Parliamentary Economy: Conditions for international loans will improve the Iraqi economy
 
[Special Oan-]   Sign in economy and investment parliamentary members, improving domestic economy to undergo Iraq to the terms of the international loans obtained recently.
 
Said Ahmed Salim told all of Iraq [where] that "borrowing Iraq from the IMF and World Bank , he will be subject to international standards and requirements , and certainly the government Steksha on the local economy and that is important to raise the Iraqi economy in the event of the application of these requirements to the public and the private economy and be the level of the global economy."
 
He stressed that "failure to comply with these conditions, including the non - payment of levy to the government fees and customs and tax and this is subject to the terms , they affect the Iraqi economy."
 
He stressed " the importance of launching agricultural and industrial loans and housing are important to stimulate movement in these vital sectors."
 
the Ministry of Finance has announced 19 of last may Iraq for a loan exceeds the $ 5.4 billion interest rate of 1.5% from the international Monetary Fund might allow Iraq to get another $ 15 billion in international aid over the next three years, as the Islamic development Bank announced it was considering lending to Iraq 3 billion dollars in the reconstruction of liberated areas and rehabilitation of infrastructure.
 
the damage to the Iraqi economy because of falling oil prices since mid - 2014 to below $ 50 in addition to what ails Baghdad of pressure on the budget because of the cost of the war against al Daash.
 
showed a document of the IMF is expected to face Iraq funding gap of up to $ 17 billion in the current year is not able to measure more money.
 
http://ift.tt/1RW8DCS
 
rcookie says():FINALLY SOME ACKNOWLEDGEMENT OF THE WB/IMF STARTEGY AS A FISCAL DISCIPLINE MODEL FOR IRAQ.....
 
rcookie says():ISF FREES GAS PLANT SOUTH OF FALLUJAH..IRAQI FLAG FLYING...
 
rcookie says():ANNOUNCEMENT OF REOPENING OF KARMA POLICE STATION AND TRANSFER OF JUDICIARY POLICE AUTHORITY TO CITY CENTER....
 
pizzaman says to rcookie():Thanks again for all your research, work, and comments. I'm gong to stick my hand up to ask the teacher a questoin and hope I don't get thrown out of the classroom.
 
I know you and the team dwell on facts and what is in ink (and that is what I like most...and occassionally we see an article listing an economist saying that they need to revalue the currency in Iraq.
 
But in all these economic meetings, conferences, and events taking place that we now read of, would it not seem as though the elephant in the room has to be a currency revaluation ?
 
Would you be of the opinoin that a currency revaluation is talked about much more "off the record" than what we read about in published articles? What is the mindset of Iraqi buisness folks on the topic of currency revaluation?..articles don't seem to cover that perspective ?
 
Can anything really ever change on a massive scale in Iraq without a revaluation?
 
Are the only unknowns for the Iraqi's themselves a date and a rate (when and just how much value will dinar have in the Iraqi marketplace) or do they just kind of have a mindset that it is what it is and they dont look for any change?
 
Do they (Iraqi's) have any expectation that the currency value will change and their situation will change greatly?
 
rcookie says():US AMBASSADOR STUART JONES STATES "IRAQI PM ABADI IS AN EXCELLENT PARTNER AND WE ARE PROUD TO BE ASSOCIATED WITH HIM"..............JUST A GUESS ...ABADI NOT GOING ANYWHERE....
 
rcookie says to pizzaman():AGREED...HOWEVER I DONT THINK THERE IS ANY QUESTION AS TO THE CHANGE IN VALUE AS AN ACTION PLAN...
 
I THINK IT IS..AND ALWAYS HAS BEEN AN ISSUE OF TIMING AND THE REQUISITE UNDERPINNINGS TO SUPPORT A CHANGE TO FLOURISH IN THE NEW PRIVATE SECTOR SYSTEMS AND IRAQS PLACE AT THE GLOBAL GROWN UPS TABLE...
 
rcookie says to pizzaman():AND WE KNOW EXACTLY WHAT THOSE UNDERPININGS ARE AS OUTLINED BY THE INTERNATIONAL AGENCIES & IRAQS ECONOMIC/FINANCIAL PARTNERS....
 
 Read More :http://ift.tt/1VJU5xf
 
pizzaman says to rcookie):OK...good answer...an "action plan"...and therefore only officials know when the "requirements" have been met to change the value. We see the clues in the news releases.
 
rcookie says():Integrity Announces government officials jailed for embezzlement
 
Monday 06-06-2016 | 12:55:34  Twilight News / competent integrity issues, the Criminal Court sentenced in absentia to jail serving a staff member of the Ministry of Communications for a period of fifteen years; for embezzlement of funds.
 
According to the investigations department in the board integrity, it responded in a statement to the Twilight News, that condemned "g. F.. K."
 
I proceeded to embezzling money through her work as an employee in an e-Directorate to provide Baghdad from a savings accounts belonging to customers branch, indicating that the court found the result available to their statements of the legal representative of the Ministry of Communications and the results of the ongoing administrative investigation of the Office of the Inspector General of the ministry, as well as the presumption condemned escape justice and convincing enough to be criminalized, based on the provisions of Article 315 penalties.
 
The decision ensures the sentencing of convicted fugitive endorse stone on their funds movable and immovable property, and giving the right hand of the affected request compensation if the acquisition of the decision become final.
 
It should be noted that condemned "g. F.. K." Facing a default judgment last serving jail term for ten years based on the provisions of Article 315 penalties; for the perpetration of the crime of bribery. 
According to the investigations department in the board integrity in another statement, the issuance of a default judgment against the employees of the Iraqi Red Crescent Society; commits a crime to harm the public money.
 
She explained the circle, in the gallery talking about the case referred to the competent integrity issues Criminal Court, that a convicted fugitive (a. P. X.), The oldest in conjunction with the other defendants (divisive cases) to cause intentional damage to the interests of the party that operates (the Red Crescent Society Iraqi) equivalent (195,888,000) million, noting that the convicted edited enter my store and fake documents for (200,000) pieces of clothes.
 
And supported the statements of the legal representative of the Iraqi Red Crescent Society, and the recommendations of the administrative inquiry, the report of the External Audit Division at the board integrity, his conviction as well as the presumption of escape of the convicted from justice, and self-BSA, which brought the court to full certainty of committing the accused for the actions assigned to him in accordance with the provisions of Article 340 of the Penal Code, under which decided his conviction, and determining the penalty whereby, Vgmt in absentia to seven years' imprisonment.
 
And ensure that the verdict issued against the convicted issuance of a warrant of arrest and investigation against him, and give the right hand of the affected request compensation if the acquisition of the decision become final.
 
http://ift.tt/1QhqLGM
 
rcookie says to pizzaman():AGREED!...(y)
 
rcookie says):COMMITTEE OF EXPERTS AGREE PROTESTERS SIT IN MEETIN 4-14 WAS INCOMPLETE QUORUM.....


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