Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Wednesday PM Chat 6-1-16 Part 2 of 3
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...
~~~
Chat Room Excerpts & Highlights
Dinar Updates Wednesday PM Chat 6-1-16 Part 2 of 3
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...
clay01 says():I wonder how the loans will be accounted for after a revalue of the dinar, you borrow 50 million for a house now and then you would still owe 50 million dinar, but after a revalue, your house is worth at a 1 to 1 revalue, 50 thousand dinar, there will have to be some mechanism for adjusting the loans amounts after the revalue
rcookie says():Frankincense: the return of 40 deputies Matsma to "front" Jubouri!
Last updated: June 1, 2016 - 11:37 Baghdad / Iraq News Network revealed the National Alliance MP Sadiq frankincense, Wednesday, for the withdrawal of 40 deputies from the front of the protesters (Reform), and return to Alnwab.oukal frankincense Council meetings in a press statement today:
"Some MPs from the point of the protesters realized that their sit -in is the glory does not constitute a positive impact , "noting that" some of them felt refer to the Council of Representatives . "He added that" Iraq is passing through a dangerous phase and there is a big security and economic challenges , "he said , adding that" the number of pupils who are deputies arrived to 40 deputies ,
"He stressed frankincense that " a number of the protesters deputies also expressed their great desire to attend the next session of parliament to re - board activity and its role in government performance monitoring .
the more than 100 members of parliament have declared their boycott of the meetings of the House of Representatives after a sit -in inside the House of Representatives and the formation of the front of reform, while seeking the political blocs to persuade the protesters to return to the House of Representatives of the parliament to hold meetings of the Council and the adoption of important laws in conjunction with military operations to liberate cities, including Fallujah
LINK http://ift.tt/1sNMTV6
rcookie says():WOW!!...
clay01 says to rcookie():So they are saying that 40 are leaving the Maliki group to join with Abadi's group?
rcookie says to clay01():(y)
rcookie says):NATIONAL ALLIANCE MP FRANKENCENSE STATES 40 MPS OF REFORM BLOC MOVING TO JABOURIS SIDE STATING THEIR SIT IN GLORY DOES NOT CONSTITUTE A POSITIVE IMPACT AND IRAQ IS GOING THROUGH DANGEROUS PHASE OD ECONOMIC AND MILITARY CHALLENGES & EXPRESSED GRTEAT DESIRE TO RETURN TO NEXT PARL SESSION AND CONTINUE REFORM ACTIVITIES......
clay01 says to rcookie():(y)
bibi says to rcookie():wow, awesome! (y) Thanks for the news!
clay01 says to rcookie():dropping like flies for Maliki
Dinarian1 says to rcookie():(y)
viacuda says():cookie, Who is Frankencence.
JAMVOX says():Frankenstein's brother
Baxter says():Frankencence is a Muslim? Really..
Scotzgirl says to rcookie():I wonder if they used a carrot or a stick to get them to see the light?
BUCK says):40 more change sides..that should give them a maority for sure....see if an emergency meeting and a vote on reforms follows....let us hope this is accurate ....wow awesome news.
Baxter says():Probably threatened to expose their criminal activities...
clay01 says to Scotzgirl():two camels and a goat lol
Scotzgirl says to Baxter():That would be a big stick! :)
Scotzgirl says to clay01():(lol)
puffdragon says to Scotzgirl():Prob a BIG FAT SHOE !!!:D
Scotzgirl says to puffdragon():yes, hard to remove a size 11 Lama boot from their derriere's!
puffdragon says to Scotzgirl):I think Abadi is a big enough guy to handle it !(y)
Scotzgirl says to puffdragon():yes, or rcookie :)
puffdragon says to BUCK():Goes to the article from NT last night with BGG Jaubori stating the possibility of emergency meeting ! GOOD POINT BUCK !
BUCK says to puffdragon():thank you, my first one lol lol
puffdragon says to BUCK():Got to start somewhere ({) :D
rcookie says():Financial and banking reforms, attract investment
6/1/2016 0:00 BAGHDAD - Imad emirate economist said the academic from the Faculty of Administration and Economics at the University of Mustansiriya Dr. Sattar Jaber: to attract foreign investment and boost his chances and increase in Iraq and the Arab countries of non - oil requires reform of the financial and banking sector and the removal of restrictions on money entering the movement into the country.
According to Jaber in an interview «morning» that Arab oil exporting countries have a surplus of resources in terms of savings greater than the investment, while some Arab states have a deficit in terms of savings less investment, since economic growth is highly dependent on investment and the adequacy of domestic savings and investment, and the adequacy of local resources for the Arab States , it is possible to make up the shortfall , or the difference through internal capital flows.
The accumulation of financial surpluses of the countries of Arab petroleum exporting has led to increased investment outside the Arab region, and that the continuation of the balance of payments of non - oil deficit has led to the accumulation of foreign debts ,
indicating that Maymana investment of Arab States, the surplus part of the revenues in the deficit of Arab States, is the weakness and inability of the Arab countries is of Petroleum exporting to attract foreign investment , both of surplus Arab states or countries and overseas markets.
he said if we want to be more precise in identifying the reasons for this, we can say that the reason behind the inability or the inability of these countries to attract investments respect to climate and investment environment in the Arab states (surplus countries and deficit countries), as regards energy absorption of Arab economies for each existing investments abroad , or part of it.
http://ift.tt/1PlRS9P
rcookie says():He stressed that building economic relations enhances climate investment in the international economic environment, and the increasing integration with the global economic and predominance of the market economy and the increasing role of the private sector making considerations of return, risk and cost more pronounced in investment decisions, and thus became the world in the competition to attract the money, according to offer every region of the advantages and incentives for investment .
Jabir that drew Arab countries non - oil (deficit countries) is still far from providing a climate for investors among them Arabs, but that the climate has become affect the national investment and Pat local investors prefer to invest part of their money outside the borders of their own countries because of the investment climate prevailing.
and the importance of absorb the financial and banking sectors , the fiscal surplus partial than that of the oil - exporting Arab countries through deepening and expansion of the financial sector because of Arab funds invested abroad exceeds the size of the assets of the Arab financial sector, and therefore it is difficult for the financial sector that accommodates both the Arab fiscal surplus.
He stressed Jaber on the need to several measures reforms , the most important financial sector liberalization and the removal of restrictions on interest rates and the granting of financial institutions greater autonomy,
which requires the restructuring of public banks and privatization and to encourage competition in the financial sector and the establishment and development of cash markets and securities markets and the development of monetary policy and the removal of restrictions on investment flows include.
LINK http://ift.tt/1PlRS9P
_firefly_ says():Wednesday, June 1, 2016, 09:55
AIIB 'set to earn international trust, credibility'
By LI XIANG
Membership to rise from 57 to nearly 100; first projects to be announced this month
The Asian Infrastructure Investment Bank will earn international trust and credibility through its performance, the bank's President Jin Liqun said on Tuesday.
Jin dispelled mistrust and skepticism about China's motivation for creating the multilateral financial institution.
He said the bank will see its first group of infrastructure projects by the end of June and will raise the ceiling on its membership numbers from 57 to nearly 100 countries and regions this year.
While the United States and Japan have declined to join the AIIB, Jin said countries can work together regardless of whether they are members of the bank, which will soon appoint a Japanese national to serve in a senior position.
"The door has been open and will remain open," he said, adding that Japan and the US will be treated equally and fairly by the AIIB.
In a rare meeting, Jin sat down with a group of senior editors from major Asian news outlets to discuss the mission and operation of the China-led bank.
clay01 says():I wonder how the loans will be accounted for after a revalue of the dinar, you borrow 50 million for a house now and then you would still owe 50 million dinar, but after a revalue, your house is worth at a 1 to 1 revalue, 50 thousand dinar, there will have to be some mechanism for adjusting the loans amounts after the revalue
rcookie says():Frankincense: the return of 40 deputies Matsma to "front" Jubouri!
Last updated: June 1, 2016 - 11:37 Baghdad / Iraq News Network revealed the National Alliance MP Sadiq frankincense, Wednesday, for the withdrawal of 40 deputies from the front of the protesters (Reform), and return to Alnwab.oukal frankincense Council meetings in a press statement today:
"Some MPs from the point of the protesters realized that their sit -in is the glory does not constitute a positive impact , "noting that" some of them felt refer to the Council of Representatives . "He added that" Iraq is passing through a dangerous phase and there is a big security and economic challenges , "he said , adding that" the number of pupils who are deputies arrived to 40 deputies ,
"He stressed frankincense that " a number of the protesters deputies also expressed their great desire to attend the next session of parliament to re - board activity and its role in government performance monitoring .
the more than 100 members of parliament have declared their boycott of the meetings of the House of Representatives after a sit -in inside the House of Representatives and the formation of the front of reform, while seeking the political blocs to persuade the protesters to return to the House of Representatives of the parliament to hold meetings of the Council and the adoption of important laws in conjunction with military operations to liberate cities, including Fallujah
LINK http://ift.tt/1sNMTV6
rcookie says():WOW!!...
clay01 says to rcookie():So they are saying that 40 are leaving the Maliki group to join with Abadi's group?
rcookie says to clay01():(y)
rcookie says):NATIONAL ALLIANCE MP FRANKENCENSE STATES 40 MPS OF REFORM BLOC MOVING TO JABOURIS SIDE STATING THEIR SIT IN GLORY DOES NOT CONSTITUTE A POSITIVE IMPACT AND IRAQ IS GOING THROUGH DANGEROUS PHASE OD ECONOMIC AND MILITARY CHALLENGES & EXPRESSED GRTEAT DESIRE TO RETURN TO NEXT PARL SESSION AND CONTINUE REFORM ACTIVITIES......
clay01 says to rcookie():(y)
bibi says to rcookie():wow, awesome! (y) Thanks for the news!
clay01 says to rcookie():dropping like flies for Maliki
Dinarian1 says to rcookie():(y)
viacuda says():cookie, Who is Frankencence.
JAMVOX says():Frankenstein's brother
Baxter says():Frankencence is a Muslim? Really..
Scotzgirl says to rcookie():I wonder if they used a carrot or a stick to get them to see the light?
BUCK says):40 more change sides..that should give them a maority for sure....see if an emergency meeting and a vote on reforms follows....let us hope this is accurate ....wow awesome news.
Baxter says():Probably threatened to expose their criminal activities...
clay01 says to Scotzgirl():two camels and a goat lol
Scotzgirl says to Baxter():That would be a big stick! :)
Scotzgirl says to clay01():(lol)
puffdragon says to Scotzgirl():Prob a BIG FAT SHOE !!!:D
Scotzgirl says to puffdragon():yes, hard to remove a size 11 Lama boot from their derriere's!
puffdragon says to Scotzgirl):I think Abadi is a big enough guy to handle it !(y)
Scotzgirl says to puffdragon():yes, or rcookie :)
puffdragon says to BUCK():Goes to the article from NT last night with BGG Jaubori stating the possibility of emergency meeting ! GOOD POINT BUCK !
BUCK says to puffdragon():thank you, my first one lol lol
puffdragon says to BUCK():Got to start somewhere ({) :D
rcookie says():Financial and banking reforms, attract investment
6/1/2016 0:00 BAGHDAD - Imad emirate economist said the academic from the Faculty of Administration and Economics at the University of Mustansiriya Dr. Sattar Jaber: to attract foreign investment and boost his chances and increase in Iraq and the Arab countries of non - oil requires reform of the financial and banking sector and the removal of restrictions on money entering the movement into the country.
According to Jaber in an interview «morning» that Arab oil exporting countries have a surplus of resources in terms of savings greater than the investment, while some Arab states have a deficit in terms of savings less investment, since economic growth is highly dependent on investment and the adequacy of domestic savings and investment, and the adequacy of local resources for the Arab States , it is possible to make up the shortfall , or the difference through internal capital flows.
The accumulation of financial surpluses of the countries of Arab petroleum exporting has led to increased investment outside the Arab region, and that the continuation of the balance of payments of non - oil deficit has led to the accumulation of foreign debts ,
indicating that Maymana investment of Arab States, the surplus part of the revenues in the deficit of Arab States, is the weakness and inability of the Arab countries is of Petroleum exporting to attract foreign investment , both of surplus Arab states or countries and overseas markets.
he said if we want to be more precise in identifying the reasons for this, we can say that the reason behind the inability or the inability of these countries to attract investments respect to climate and investment environment in the Arab states (surplus countries and deficit countries), as regards energy absorption of Arab economies for each existing investments abroad , or part of it.
http://ift.tt/1PlRS9P
rcookie says():He stressed that building economic relations enhances climate investment in the international economic environment, and the increasing integration with the global economic and predominance of the market economy and the increasing role of the private sector making considerations of return, risk and cost more pronounced in investment decisions, and thus became the world in the competition to attract the money, according to offer every region of the advantages and incentives for investment .
Jabir that drew Arab countries non - oil (deficit countries) is still far from providing a climate for investors among them Arabs, but that the climate has become affect the national investment and Pat local investors prefer to invest part of their money outside the borders of their own countries because of the investment climate prevailing.
and the importance of absorb the financial and banking sectors , the fiscal surplus partial than that of the oil - exporting Arab countries through deepening and expansion of the financial sector because of Arab funds invested abroad exceeds the size of the assets of the Arab financial sector, and therefore it is difficult for the financial sector that accommodates both the Arab fiscal surplus.
He stressed Jaber on the need to several measures reforms , the most important financial sector liberalization and the removal of restrictions on interest rates and the granting of financial institutions greater autonomy,
which requires the restructuring of public banks and privatization and to encourage competition in the financial sector and the establishment and development of cash markets and securities markets and the development of monetary policy and the removal of restrictions on investment flows include.
LINK http://ift.tt/1PlRS9P
_firefly_ says():Wednesday, June 1, 2016, 09:55
AIIB 'set to earn international trust, credibility'
By LI XIANG
Membership to rise from 57 to nearly 100; first projects to be announced this month
The Asian Infrastructure Investment Bank will earn international trust and credibility through its performance, the bank's President Jin Liqun said on Tuesday.
Jin dispelled mistrust and skepticism about China's motivation for creating the multilateral financial institution.
He said the bank will see its first group of infrastructure projects by the end of June and will raise the ceiling on its membership numbers from 57 to nearly 100 countries and regions this year.
While the United States and Japan have declined to join the AIIB, Jin said countries can work together regardless of whether they are members of the bank, which will soon appoint a Japanese national to serve in a senior position.
"The door has been open and will remain open," he said, adding that Japan and the US will be treated equally and fairly by the AIIB.
In a rare meeting, Jin sat down with a group of senior editors from major Asian news outlets to discuss the mission and operation of the China-led bank.
"The first batch of projects will speak volumes for the AIIB," Jins aid, adding that the bank will unveil the second and third group of projects by the end of the year.
Jin's remarks came ahead of the bank's first annual meeting on June 25 and 26 in Beijing. Governors and representatives from its 57 founding members will attend.
In his discussions with the editors from the Asia News Network, Jin used a quote from English author Jane Austen to hit back at skepticism about China's motivation for creating the bank.
"Skepticism must always be forgiven, you know, because there is no hope of a cure," Jin said, replacing "selfishness" in the original quote, with "skepticism".
He shrugged off suspicion and misconceptions about the bank, saying it has no intention to challenge the international financial order or to pose a threat to other multilateral development banks.
The bank is working seamlessly with international institutions, including the World Bank and the Asian Development Bank, to cofinance infrastructure projects, he said.
Jin said priority will be given initially to Asian member countries when it comes to funding infrastructure projects. But the bank will seek to expand its investment scope to non-Asian countries with strong economic ties to the continent and will look beyond the geographic boundaries of China's Belt and Road Initiative.
In addition to funding infrastructure projects, the bank will finance sectors including education, healthcare and urban planning and management, Jin said.
_firefly_ says():He also said the bank is not interested in taking a venture capital role by investing in new technology - underscoring the rational and cautious approach of the bank's investment philosophy.
Jin said the projects being eyed by the bank must be financially sustainable, environmentally friendly and socially acceptable.
John Nery, editor-in-chief of Inquirer.net, a Philippine media outlet, said Jin gave a clear presentation of the AIIB and addressed some of the most common misconceptions about the bank.
"I found him to be a very articulate and learned man. I think the AIIB is in very good hands," he said, adding that he looked forward to the announcement of the bank's first projects later this month.
Chen Mengwei contributed to this story.
Jin's remarks came ahead of the bank's first annual meeting on June 25 and 26 in Beijing. Governors and representatives from its 57 founding members will attend.
In his discussions with the editors from the Asia News Network, Jin used a quote from English author Jane Austen to hit back at skepticism about China's motivation for creating the bank.
"Skepticism must always be forgiven, you know, because there is no hope of a cure," Jin said, replacing "selfishness" in the original quote, with "skepticism".
He shrugged off suspicion and misconceptions about the bank, saying it has no intention to challenge the international financial order or to pose a threat to other multilateral development banks.
The bank is working seamlessly with international institutions, including the World Bank and the Asian Development Bank, to cofinance infrastructure projects, he said.
Jin said priority will be given initially to Asian member countries when it comes to funding infrastructure projects. But the bank will seek to expand its investment scope to non-Asian countries with strong economic ties to the continent and will look beyond the geographic boundaries of China's Belt and Road Initiative.
In addition to funding infrastructure projects, the bank will finance sectors including education, healthcare and urban planning and management, Jin said.
_firefly_ says():He also said the bank is not interested in taking a venture capital role by investing in new technology - underscoring the rational and cautious approach of the bank's investment philosophy.
Jin said the projects being eyed by the bank must be financially sustainable, environmentally friendly and socially acceptable.
John Nery, editor-in-chief of Inquirer.net, a Philippine media outlet, said Jin gave a clear presentation of the AIIB and addressed some of the most common misconceptions about the bank.
"I found him to be a very articulate and learned man. I think the AIIB is in very good hands," he said, adding that he looked forward to the announcement of the bank's first projects later this month.
Chen Mengwei contributed to this story.
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