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Friday, June 3, 2016

Dinar Updates Thursday  PM Chat  6-2-16   Part 3 of 3

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Dinar Updates Thursday  PM Chat  6-2-16   Part 3 of 3
 
rcookie says():Monopolistic companies resort to merging with each other
 
6/2/2016 0:00 BAGHDAD - Imad emirate said economist academic Dr. Ammar Majid that the evolution of capitalism in its infancy and provide economic system and effective laws adopted by owners of capital who encouraged the establishment of (industrial workshops) to evolve later to the big companies.
 
He added a glorious «morning» evolved these workshops according to industry updates mechanism starting from steam discovery down to the electronics and the information revolution, and in the midst of it was generated new industries and die old again , according to the idea (Schumpeter),
 
while that capitalism is characterized by what he called (demolition creator old industries), so that in the beginning the twentieth century there are ten major companies in the United States were, left them in the early twenty - first century , only one only, that capitalism relied for their survival on emerging industries, not the old flabby industries.
 ~~~
He glorious, as a result of faith in the capitalist concept of demolition creator, the greatest monopolistic companies recently resorted to merging with each other in pursuit of modernization, development and control of the markets for fear that imposed demolition creator of aging and withdrawal tax process of leaving her newborn infant industry,
 
so we see that the big companies resort to small crushing and if you can not so they share in its capital and its market and revenue invented, and adding more comparative advantage in capital - intensive goods, while intensive industries have been working small industries are undeveloped.
 
He glorious, I've adopted a capitalist economy for a long time to set up foreign crises in order to evade and get rid of the Interior its crisis . in the last quarter of the century twenty become Keynesian policies on public spending as a way to save the capitalist economy out of its crises repeated futile, especially with the growing interest of countries armament on the one hand and the problems caused by the spread of the crisis on the other.
 
he concluded glorious at the conclusion of his speech to say: he does not need to be an international system new exceeding the limits in which capitalism Haunted distribution and transfer of the economic crisis experienced by the small and large other countries less developed and partner in the capitalist system, was the globalization phenomenon that helps the capitalist world to move to the forthcoming system.
 
david334 says():Crudes flat Saudi's say 50 bucks works anyway
 
david334 says to rcookie():Doesn't the rebalancing of the Iraqi economy to private business away from energy include foreign setting up productivity enhancing business there? Or are they just talking local entrepreuers. If its foreign as well than the Iraqi curency must become a regular on FX desks. Decent price and volume.
 
rcookie says():SO...HERE AGAIN IN REFERENCE TO THE ONGOING WORK WITH WORLD BANK TO RESTRUCTURE & PRIVATIZE THE 192 SOE'S...
 
ECONOMIST DR AMMAR MAJID OUTLINES IRAQ'S EVOLUTION INTO CAPITALISM IS IN ITS INFANCY STAGE TOWARD PROVIDING THE ECONOMIC SYSTEM WITH A FOUNDATION BASIS OF NECESSARY LAWS FOR FOREIGN INVESTORS AND FUTURE IRAQI DEVELOPMENT...
 
HE OUTLINES THESE INDUSTRIAL WORKSHOPS TO PROVIDE IRAQ WITH THE NECESSARY CURRENT MARKET NEED ANALYSIS AND FEEDBACK IN ALL AREAS..EQUIPMENT..ELECTRONICS...INFORMATION TECHNOLOGY...
 
AND OUTLINES MODERN CAPIALISM DESTROYS OLD & ANTIQUATED TECHNOLOGIES... (DEMOLITION CREATOR) AND CITES US INDUSTRIAL REVULTION NUMBERS TOWARD SUCCESS..
 
wmawhite says to rcookie():Hello........is it safe to come out?
david334 says to wmawhite():Just be wearing a hemat
david334 says to wmawhite():helmat
wmawhite says to david334():lol
david334 says to wmawhite():I will lear to spell someday wmawhite
wmawhite says to david334():I need to learn too.
 
rcookie says():HE TALKS OF THE STRATEGY & ACTIONS STRONG MONOPOLISTIC COMPANIES TO MERGE WITH EACH OTHER IN PURSUIT OF TECHNOLOGY SUPPERIORITY AND MARKET SHARE DOMINANCE AND LARGER ENTITIES CRUSHING THE SMALL...
 
THROUGH CAPITAL SHARING AND MARKET DOMINANCE OF SUPERIOR GOODS WITH BETTER MARGINS OVER SMALLER UNDERDEVELOPED COMPANIES...
 
watson1 says to wmawhite():where have you been at the bank cashing in your dinar at $20.00 lol. Poor rcookie feels like he over fighting with isis
 
Hutch says to rcookie():Dressing for success !
wmawhite says to watson1():Nope.....not $20.00.......only $3.86..............lol
 
rcookie says():TALKS ABOUT PUBLIC SPENDING POLICIES AND CASE STUDIES OF SUCCESS BY OTHER COUNTRIES AND THE ABILITY OF THE CURRENT CAPITALISM MODEL AND GLOBAL PHENOMENON TO ADAPT TO COUNTRIES AND MARKETS OF ALL SIZES...
 
rcookie says():THE INT'L AGENCIES HAVE BEEN WARNING NOT JUST IRAQ BUT ALL ME COUNTRIES TO DIVERSIFY AND BUILD AND INVEST IN NON OIL REVENUE STREAMS TO GDP...
 
rcookie says():THEY ARE NOT MOVING AWAY FROM ENERGY...TO THE CONTRARY...AS A MATTER OF FACT THEY HAVE ALREADY HOSTED 3 EXHIBITIONS THIS YEAR ALREADY FOR GREEN AND ALTERNATIVE ENERGY INVESTMENT & DEVELOPMENT..
 
rcookie says():THEY ARE CONSTANTLY TALKING ABOUT THE TECHNOLOGY & HUMAN RESOURCE (LABOR MARKET) ADJUSTMENTS THAT WILL BE NEEDED FOR THE TRANSITION FROM A NON PRODUCTIVE STATE & PUBLIC NON COMPETITIVE MARKET (REMEMBER 20 MIN PRODUCTIVITY FOR EVERY 8 HOURS WORKED) TO A HIGHLY COMPETITIVE..RESULTS..PRODUCTIVITY..MARGIN DRIVEN PRIVATE SECTOR OPEN MARKET ECONOMY WITH FULL ACCOUNTABILITIES...
 
watson1 says to rcookie():(y) agree 100 %
 
BGG says to rcookie():I was reading your point about the power / energy sector...
 
rcookie says to BGG():IT WAS FREE OF CHARGE,,,,THATS A GOOD ONE...AND IN NO WAY IMPLIES AN INCREASE IN VALUE OF THE IQD....
 
BGG says to rcookie():I had forgotten I read this a few days ago - but I thought I ran across an obscure reference to the WB in charge of setting up the "new energy exchange"...
 
BGG says to rcookie():no - exactly - you are right...
BGG says to rcookie():implies little
 
rcookie says to BGG():NO JUST A DISCLAIMER...NEEDED TODAY..
watson1 says():i do not know about you all but what we are seeing right before our eyes is like my mom and dad watching JFK getting killed and man on the moon . history in the making along with going to make up us rich too (H)
 
BGG says to rcookie():but may be one of the biggest pieces of news in a long time.
rcookie says to BGG):THE UNITED BASRA FUND.....WHERE DO I SIGN...
 
BGG says to rcookie():The WB bank being in charge of Iraq's energy exchange is MASSIVE MOTIVE/incentive... for the WB and IMF to be directly involved with Iraq's "goings on"...
 
BGG says to rcookie():I do think that bit was completely overlooked... and is a HUGE carrot for them (WB/IMF/PTB).
 
david334 says to rcookie():That major energy efficency and productivity. Jobs created in assemling machines and performing service. This is a billion dollar business that can be licensed to an Iraqi co.
 
david334 says to rcookie():Ill drop it. But its the best biz model i have seen
 
rcookie says to BGG():AGREED!...AND THE DIRECT INTERFACE BETWEEN INT'L AGENCIES AND PROVINCES WILL ASSURE SEAMLESS EXECUTION OF THE DEVELOPMENT PROJECTS AND ACTORS.......YEP SAME OLD IRAQ...SEEN AND HEARD THIS ALL BEFORE....SAME OLE SAME OLE...
 
rcookie says to BGG():LOL
watson1 says to rcookie():slackers
rcookie says to david334():TGAT IS EXACTLY WHAT GE & SIEMENS ARE DOING RIGHT NOW..
 
david334 says to rcookie():?
david334 says to rcookie():Simple patented business creates $$$$$$$ because it saves owners $$$$and lowers carbon exhaust output
 
rcookie says to david334():THE REPORT OUT YESTERDAY REGARDING THEIR DETAILED SECTOR GOALS WAS AWESOME

david334 says to rcookie():rcookie were can i find that ({)
david334 says to rcookie():Helps eliminate goverment diesel subsidy
 
rcookie says():GOV’T ANNOUNCES PURSUIT TO PROVIDE 250,000 JOBS FROM PRIVATE SECTOR ALONG WITH OTHER OBJECTIVES TO MOVE TO MARKET ECONOMY INCLUDING:
 
ADDRESSING HOUSING CRISIS BY CREATE OR BUY 36,000 NEW UNITS..
 
.PRIVATE SECTOR REHAB AND INTRO NEW TECHNOLOGY TO 330 PLANTS & FACTORIES..
 
MANUFACTURE RAW MATERIALS FOR INDUSTRY & AGRICULTURE INDUSTRIES...
 
PROMOTE PROJECTS IN INDUSTRIAL CITIES...
 
REDUCE IMPORTS THROUGH NATIONAL PRODUCT SUBSTITUTION OF AT LEAST 50 PRODUCTS...
 
NATIONAL EXPORT PROMOTION COMPETITION OF AT LEAST 10 PRODUCTS...LEGALIZING FOREIGN CURRENCY DISPLAY AND REDUCE BY 10%...
 
AND LOAN MECHANISMS & AMOUNTS BY SECTOR WITH TERMS...
 
rcookie says():EXACT GOALS....250,000 PRIVATE SECTOR JOBS...REHAB & NEW TECH TO 330 PLANTS 7 FACTORIES...36,000 NEW HOMES CREATED OR BOUGHT.....
 
RAW MATERIALS PRODUCTION FOR AGRICULTURE & INDUSTRY...PROJECTS IN INDUSTRIAL CITIES LIKE THE HUGE ONE OUTSIDE PORT OF FAW...

IMPORT REDUCTION AND NAT PRODUCT SUBSTITUTION OF MINIMUM 50 PRODUCTS ...NATIONAL EXPORT PROMOTION OF 10 PRODUCTS.....
 
rcookie says():HOW MANY DO THEY ALREADT HAVE.......
 
rcookie says():CONCRETE...WHEAT...COOKING OIL....GAS...SULPHUR...PHOSPHATES...AND SOON LIQUID NATURAL GAS...
 
rcookie says():BUT IN NO WAY INDICATES AN IMPENDING CHANGE TO IQD.. BUT I DIGRESS..
 
rcookie says):AND HOW ABOUT THE "LEGALIZING FOREIGN CURRENCY DISPLAY AND REDUCE BY 10%".
 
poppy123 says():we are into june 2016 so expect change in many ways during this month and hopefully one change will be the value rate of the dinar. poppy3
 
david334 says to rcookie():HMMMM Thanks I will find the organization who vets US products and send them the power points . Thanks They get the business for free just pay royalties mid single digit. The system is made from commodity parts
 
david334 says to rcookie():Have a great day rcookie
 
watson1 says to poppy123():have you heard anything to change your mind about before July 2016 something we should know about this investment?
 
poppy123 says to watson1():nope in fact the guy re affirmed his orders and expectations for the last week of june to me yesterday. says nothing has changed in his orders and they like us are waiting and praying it is over then. poppy3
 
Baxter says():Poppy... thats what the IMF said....Global by end of First Half... (y)
watson1 says to poppy123():what guy
 
poppy123 says to watson1():this guy is so close to this he is forbided to own dinar. he has some extended family that does. bottom line is we wait. poppy3
 
rcookie says():The Central Bank and the Lebanese banks reported 10 agreed installment raise capital for two years.
June 2, 2016   The Central Bank reported, Lebanese banks, agreed installment increase capital to 50 million dollars for two years, so that banks should repay 20 million this year and 30 million in the year 2017.
 
Sources follow Arab News «site Economic «Central resolution came before the deadline in June, after the visit of the delegation sent to Lebanese banks (bankers included Samir long Daniel Bader and lawyer Nasser Hebron) Central officials met with a suggestion installment (slumbered modify to reduce periods of three years to two years and the size of the premiums from 15-15-15 million to $ 20-30 million) before the approval decision.
 
The sources noted that «the first installment is due from this year (20 million) found in central Baghdad, and Thalia wouldn't bear the burden of providing banks a year full of difficulties and challenges which impose significant financial burdens, especially after the Bank's announcement that subset in Erbil and Sulaymaniyah are no longer linked organizationally or financially or administratively, meaning not to release funds to deposit there.
 
This file is an item in the reform process led by the Government of Baghdad with us assistance, a us federal units follow them directly and is charged with investigating suspicious business deals and smuggling oil and remittances from JD/us $ in the corridors she frequented uncovered thefts directly inside Iraq by 20 percent and the rest, totaling about $ 724 billion.
 
 Baghdad now demands the recovery of about 10 percent of those robberies, the equivalent of 100 billion dollars to provide salaries for public employees financial entitlements Iraqi, after negotiations conducted by Prime Minister Nouri al-Maliki, Haidar Abadi and his predecessor in the United States.
 
The Lebanese banks that have branches in Kurdistan are: «fransabank», «Bank», «Bank of Lebanon and the diaspora», «Bank Byblos», «Mediterranean Bank», «credit libanais Bank», «Bank of Beirut and the country», «Arabic Lebanese Bank – InterContinental French», «Bank», «Bank of the Middle East and Africa.
 
The value of the Lebanese funds deposited with the Central Bank in Arbil, about $ 90 million, and is targeting Baghdad's decision not to release it.
 
LINK  http://ift.tt/1VBlpgZ
 
rcookie says():SO THE UST WORKIG FROM THE US EMBASSY IS REALLY SHAKING THINGS UP IN IRAQS BANKING SECTOR...
 
rcookie says():$724 BILLION OF IRAQ FUNDS STOLEN INSIDE IRAQ OF WHICH IRAQ IS LOOKING TO RECOVER 20% OF....
 
AND INTERESTINGLY MENTION THESE LEBANESE BANKS WITH $90 MILLION IN CBI AND ARE GOING AFTER BAGHDADS DECISION TO FREEZE THE FUNDS...
 
rcookie says():SO IT OOKS AS THOUGH SOME OF THE ARAB & ME BANKS WITH ASSETS FROZEN THROUGH CBI...WILL HAVE TO WORK TO RECOVER AS IRAQ PURSUES STOLEN STATE FUNDS SMUGGLED & LAUNDERED THROUGH THESE BANKS...
 
poppy123 says to rcookie():PULLING THINGS TOGETHER TO COMPLETE REFORM ASAP. WORLD BANK AND IMF MONITORING AND GUIDING THE PROCESS AND OUTREACH TO OTHER M E COUNTRIES AND BANKING INSTITUTIONS.

RICH FRIENDS THEY ARE WORKING FOR ALL OF US AS WELL. PRAYER RIDE TONIGHT WILL BE ADDRESSING ALL THESE CHANGES AS WELL AS OUR MILITARY PERSONNEL. POPPY3
 
rcookie says():THIS WAS FROM THIS MORNING...BUT SAYS IT ALL....$400 BILLION IN DEVELOPMENT & INVESTMENT...
 
rcookie says():America: capital investment for Iraq budget of $ 400 billion
 
Thursday 02-06-2016 | 8:27:42   Shafaq News / The Ambassador of the United States in Iraq, Stuart Jones, with the participation of Minister of Planning and Salman al-Jumaili and director of the Council of Prime Minister's Office Mahdi Keywords activities of the Ministry of Planning conference under the title "Development reform program in Iraq," which was held on Thursday, Rashid Hotel in Baghdad, according to a statement issued for the embassy.
 
The statement said that the conference was attended by several members of the House of Representatives and officials of the General Secretariat of the Council of Ministers as well as several representatives of government ministries and provincial councils and the private sector.
 
The statement added that the conference celebrated the Iraqi government's decision, which imposes the use of standardized documents and tenders for all government projects. The conference also saw the launch of "Developer Development Management Program (IDMS) and the updated system of contracts" designed to achieve a more effective management of the government's development projects as well as development projects financed by donors in Iraq.
 
The statement pointed out that it will be for these major reforms crucial role in ensuring fair and transparent management of public funds. The process of improving the management of the economic assets of the country's vital factor contributes to strengthening infrastructure and improving the quality of services provided to Iraqi citizens. 
For his part, he congratulated the US ambassador Stuart Jones, the Government of Iraq on these new reforms, stressing its implementation at the national and local levels in the governorates.
 
The statement quoted the ambassador as saying that these new reforms will help in the supervision of the capital investment of the government's budget, worth 400 billion US dollars, as well as that these reforms are of their importance in solving the problem of delays that led to the suspension of nearly 4,000 projects, noting that it will ensure the availability of better prospects for the government to sign contracts with solid reputable firms which reduces conflicts, corruption and waste to a large degree.
 
The statement concluded that the United States Embassy in Iraq, and through administrative reform project "thread" is funded by the United States Agency for International Development, it supports the efforts of the Government of Iraq's efforts to build capacity in order to provide better services for Iraqi citizen
 
rcookie says():THEY ARE IMPLEMENTING SAFETY MEASURES AND FAILSAFES IN ALL AREAS...ESPECIALLY BANKING SECTOR WITH UST IN US EMBASSY COMPLETELY STIRRING THINGS UP KICKIN BUTT & TAKING NAMES...
 
rcookie says():YEP SEEN AND HEARD IT ALL BEFORE...EVERYTHING THE SAME....LOL

Dinar Dave says():Nothing changes...lol
 
rcookie says():DFI NOW UP TO $400 BILLION..

rcookie says():AND REMEMBER THE FINANCIAL MANAGEMNT LAW IS A PREREQUISITE TO THEM RECIVING THE SBA LOAN FUNDS AS WELL AS AMENDING THE CENTRAL BANK ACT...
 
rcookie says():WE TALKED ABOUT THE REMAINING PUBLIC FINANCIAL MANAGEMENT AND BANKING SUPERVISION INITIATIVES THE OTHER DAY...JUST WAITING...


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