Post From Dinar Updates
Chat Room Excerpts & Highlights 6-12-16
RCookie’s Sunday News Recap & PM Chat Part 1 of 3
rcookie says():HERE IS A RECAP OF NEWS...
rcookie says():INVESTMENT/BUSINESS/ECONOMY
CBI TO IMPLEMENT A NUMBER OF CORRECTIVE MEASURES AND CONDITIONS TOWARD THE ELIGIBILITY OF 8 BANKS AND 3 MONTHS TO IMPLEMENT GIVING 500 BILLION DINAR5 TO ENHANCE LIQIUIDITY AND RESPOND TO REQUESTS FROM DEPOSITORS...
TBI ANNOUNCES THEY HAVE INCREASED THEIR CAPITAL FROM 500 BILLION DINARS TO 1.750 TRILLION DINARS...
MINISTRY OF LABOR & SOCIAL AFFAIRS ANNOUNCE NEW ROUND OF SMALL BUSINESS LOANS TO 566 APPLICANTS STARTING TODAY JUNE 12...
~~~
Chat Room Excerpts & Highlights 6-12-16
RCookie’s Sunday News Recap & PM Chat Part 1 of 3
rcookie says():HERE IS A RECAP OF NEWS...
rcookie says():INVESTMENT/BUSINESS/ECONOMY
CBI TO IMPLEMENT A NUMBER OF CORRECTIVE MEASURES AND CONDITIONS TOWARD THE ELIGIBILITY OF 8 BANKS AND 3 MONTHS TO IMPLEMENT GIVING 500 BILLION DINAR5 TO ENHANCE LIQIUIDITY AND RESPOND TO REQUESTS FROM DEPOSITORS...
TBI ANNOUNCES THEY HAVE INCREASED THEIR CAPITAL FROM 500 BILLION DINARS TO 1.750 TRILLION DINARS...
MINISTRY OF LABOR & SOCIAL AFFAIRS ANNOUNCE NEW ROUND OF SMALL BUSINESS LOANS TO 566 APPLICANTS STARTING TODAY JUNE 12...
~~~
COMPANY REGISTRATION DEPT AT THE COMMERCE DEPARTMENT ANNOUNCED THE ESTABLISHMENT OF 98 REGISTERED COMPANIES WITH TRANSACTIONS DURING MONTH OF MAY...
MORE THAN 2000 PIECES OF LAND IDENTIFIED FOR DISTRIBUTION SOUTH OF BAGHDAD MUNICIPALITY AND DELIVERED PROPERTY REGISTRATION TRANSFER SERVICES FOR THEIR OWNERS...
MERRYL LYNCH REVISES OIL FORCAST TO PROJECT OIL AT $70 BY MID 2017...
DIWANIYAH GOVERNOR SIGNS MOU WITH HOSEINIEEH FOR OIL REFINERY...
CHINA ANNOUNCES WILLINGNESS TO FUND ELECTRICITY PLANT IN RUMAILA IN $280 MILLION INVESTMENT PROJECT...
rcookie says():GENERAL
AUCTIONS OPEN WEEK AT $144 MILLION...
AFTER 2 YEARS IRAQ IS TRYING TO INTERNATIONALIZE THE SPYKER MASSACRE...
CBI AFTER INVESTIGAQTION AND VETTING HAVE RETURNED A FEW BANKS AND FINANCIAL INSTITUTIONS TO GENERAL BANKING BUSINESS OUTSIDE SCOPE OF CURRENCY AUCTIONS....
US SPECIAL ENVOY BRETT MAGOURK EXPRESSES PLEASURE OF REOPENING OF FISHKHABOUR (SAEMALKA) BORDER CROSSING POINT BETWEEN SYRIA AND IRAQI KURDISTAN...
MASSUD AND FM JAFAARI RECEIVES CEREDENTIALS OF NEW SOUTH KOREA AMBASSADOR AND COMMIT TO INCREASE IN TRADE BETWEEN 2 NATIONS...
MALIKI CALLS FOR INCREASED AID FOR ANBAR DISPLACED...
GOLD AT 209 THOUSAND DINARS PER WEIGHT FOR 2ND CONSECUTIVE DAY...
IRAQ LIFTS BAN ON IRANIAN DAITY PRODUCTS...
rcookie says():PARLIAMENT
RULE OF LAW DEPUTY RADI STATES “WE EXPECT THE OUTBREAK OF A SHIITE CONFLICT”...
SPECIALIZED COMMERCIAL COURT SHAMMARI ANNOUNCES RECOVERY OF MORE THA 5 BILLION DINARS AND RETURNED STATE FUNDS IN PAST 5 MONTHS FROM COMPANIES VIOLATING CIVIL CONTRACTS...
3 PRESIDENTS MEET TO DISCUSS THE CURRENT STATUS OF SECURITY, POLITIACAL AND ECONOMIC CRISIS IN THE COUNTRY...
PARLIAMENT FINANCE COMMITE MEMBER TAMIMI REVEALS TOTAL INT’L LOANS GRANTED AMOUNT TO BE 90 BILLION SO FAR..
PARLIAMENT LEGAL COMMITTEE MEMBER SAHLANI STATES THAT OIL & GAS LEGISLATION IN THE FEDERAL COURT WILL ADDRESS LARGE PART OF POLITICAL CRISIS TAKING PLACE IN IRAQ...
ABADI PRESIDES OVER THE MEETING OF MINISTERIAL COUNCIL OF NATIONAL SECURITY TO DISCUSS UPDATES & STATUS OF CUSTOMS POINTS AND ADVANCED ELECTRONOC SYSTEMS IN BAGHDAD...
ISLAMIC PARTY CALLS FOR URGENT NATIONAL MEETING AND EXPEDIENT LIBERATION OF CITIZENS OF FALLUJAH...
DEMOCRATIC PARTY OF KUDISTAN MEETS WITH PUK AND STATES WE ARE DETERMINED TO CHOOSE A NEW PRESIDENT OF PARLIAMENT...
rcookie says():SECURITY
IRAQ DEFENSE MINISTRY ANNOUNCE FORCES HAVE ARRESTED 450 ISIS ELEMENTS IN VARIOUS DISPLACEMENT CAMPS NEAR FALLUJAH ATTEMPTING TO INTEGRATE AMONG DISPLACED FAMILIES...
INTERIOR MINISTER GHABBAN ASSERTS IMPLEMENTING NEW TECHNOLOGY & SCIENCE AT CHECKPOINTS THROUGHOUT COUNTRY...
IRAQI SECURITY ANNOUNCES 1ST SAFE PATH FOR CITIZENS OUT OF FALLUJAH...MOD OBEIDI ARRIVES IN SAMARRAS JOINT OPERATIONS COMMAND....
25 ISIS ELEMENTS KILLED IN EDITING OPERATION SOUTH OF MOSUL QAYYARAH JABR VILLAGE AND DESTRUCTION 4 CAR BOMBS...
MOD OBEIDI OVERSEES TRANSFER OF PIECES 9TH ARMORED BRIGADE DIVISION FROM BAGHDAD TO NINEVEH AHEAD OF MOSUL AND SHARQAT OPERATIONS...
FIERCE FIGHTING REPORTED TODAY BETWEEN ISIS ELEMENTS AND ISF IN SOUTHERN FALLUJAH TOWN OF “NAZZAL”...
DISPLACEMENT & MIGRATION DEPT ANNOINCE 150 PEOPLE ESCAPE GRIP OF ISIS IN SOUTHERN KIKUK TO SAFE CAMPS...
magnetlady says():Thanks so much Rcookie. Great Recap Glad they are getting a handle on the ISIS business.
rcookie says to magnetlady():HI MAGS!!....YVW...YES THEY!!
BUCK says():do you think this is going to get serious???...DEMOCRATIC PARTY OF KUDISTAN MEETS WITH PUK AND STATES WE ARE DETERMINED TO CHOOSE A NEW PRESIDENT OF PARLIAMENT...
magnetlady says():Rcookie I wondered about that same staatement that Buck just asked. Are they trying to replace Abadi???
magnetlady says():Or is this just banter
rcookie says():KURDISH PARLIAMENT..
rcookie says():THEY ARE TALKING ABOUT...
BUCK says():oh thank you didnt think jabouri....thanks so much
wmawhite says():Folks,.....the President of Parliament is NOT the country's Prime Minister..........................
wmawhite says():Also,..........remember that Kurdistan has its' own President and Parliament. Sometimes it is difficult to understand who the different Kurdis spokeperson is referring to.
wmawhite says():Are they referring to Kurdistan or to Iraq.
wmawhite says():????
jimplants says():imo they have been talking about replacing barzinni for at least a year
jimplants says():yep
wmawhite says to jimplants():bingo
jimplants says():hey RC that trillon 750 billion that is nothing to sneeze at for the trade bank
rcookie says():It must cover the customs duty to the cost of local production
6/13/2016 0:00 BAGHDAD - Imad emirate economist said D.star Jaber: that the reports of non - governmental organizations concerned with side economic indicate that Iraq has lost over the past 2006.2010 more than $ 180 billion because of its reliance on imported goods and the decline of local industry.
He said Jaber in an interview with « morning «that the results of a survey conducted by the Ministry of planning in cooperation with the Ministry of Labour and social Affairs in 2010 in Iraq showed that the unemployment rate among the population aged 15 years and over of 1.28 percent for both sexes and the unemployment rate for males was 2.30 percent versus 16 percent.
He said Jaber: starting to say that the protection of local production and encourage them to grow and develop and achieve acceptable levels of earnings, mean that the tariffs be imposed on imported products will lead to higher prices as well as prices of locally produced goods by the tax,
which can be local product who suffers from normally production costs are high that cover these higher costs and make a profit it can continue in production, expansion and exploitation of its energy productivity - based, and thus the development of the imposition of duties on imports lead to higher Almtemtah products price protection in the internal market and enable it to discharge its production.
He said if he was able to domestic industries from exploiting the protection period for the development of production and reduce the cost of production , it can then continue to work until you start reducing the tariffs level or completely canceled without the need for continued protection,
hence, the economic cost to the national and the consumer as a result of the imposition of protective customs duties economy offset growth and expansion , which can get into the national industry,
which represents social benefit provided to sectors of the national economy and for the consumer , also as a result of lower expected prices after the expiration of the period of protection by customs.
Jaber between being effective tariff protection and serve to achieve the goal protect domestic production must be based on the tariff law detailed economic analysis determines necessary protection for each commodity on the unit level in the light of comparing costs and prices of local and imported foreign goods and competition in the domestic market, but not the most effective must be the extent and the level at which eliminates the price difference between domestic and foreign commodities.
concluded Jaber to say: that More importantly, is the need for infrastructure , the creation of the national economy , both physically and technically and technology and the restructuring of production facilities in the public sector,
which suffered the majority of its facilities to stop work until now, or the private sector is suffering from deficiencies and weaknesses and a lack of funding and interruptions from the outside technical and iT world since the period long, and also suffers from weak competitiveness even with the neighboring countries ' products,
so the imposition of customs duties, as set out in the tariff law No. 22 for the year 2010 is not enough to the national industry to recover and makes them in a position of maximum and effective to benefit from the tariff approved in - law .
LINK http://ift.tt/1OlvYmZ
dwightj says():WHAT PEOPLE DONT UNDERSTAND ABOUT THOSE PEOPLE IS IF LIFE DONT GO THIER WAY THEY BLAME ANYONE THATS DOING GOOD
Baxter says():Yep...
dwightj says():ITS NEVER THIER FAULT
Baxter says():My son gets to leave Baghdad on Wednesday.... I pray this is his last time..
MORE THAN 2000 PIECES OF LAND IDENTIFIED FOR DISTRIBUTION SOUTH OF BAGHDAD MUNICIPALITY AND DELIVERED PROPERTY REGISTRATION TRANSFER SERVICES FOR THEIR OWNERS...
MERRYL LYNCH REVISES OIL FORCAST TO PROJECT OIL AT $70 BY MID 2017...
DIWANIYAH GOVERNOR SIGNS MOU WITH HOSEINIEEH FOR OIL REFINERY...
CHINA ANNOUNCES WILLINGNESS TO FUND ELECTRICITY PLANT IN RUMAILA IN $280 MILLION INVESTMENT PROJECT...
rcookie says():GENERAL
AUCTIONS OPEN WEEK AT $144 MILLION...
AFTER 2 YEARS IRAQ IS TRYING TO INTERNATIONALIZE THE SPYKER MASSACRE...
CBI AFTER INVESTIGAQTION AND VETTING HAVE RETURNED A FEW BANKS AND FINANCIAL INSTITUTIONS TO GENERAL BANKING BUSINESS OUTSIDE SCOPE OF CURRENCY AUCTIONS....
US SPECIAL ENVOY BRETT MAGOURK EXPRESSES PLEASURE OF REOPENING OF FISHKHABOUR (SAEMALKA) BORDER CROSSING POINT BETWEEN SYRIA AND IRAQI KURDISTAN...
MASSUD AND FM JAFAARI RECEIVES CEREDENTIALS OF NEW SOUTH KOREA AMBASSADOR AND COMMIT TO INCREASE IN TRADE BETWEEN 2 NATIONS...
MALIKI CALLS FOR INCREASED AID FOR ANBAR DISPLACED...
GOLD AT 209 THOUSAND DINARS PER WEIGHT FOR 2ND CONSECUTIVE DAY...
IRAQ LIFTS BAN ON IRANIAN DAITY PRODUCTS...
rcookie says():PARLIAMENT
RULE OF LAW DEPUTY RADI STATES “WE EXPECT THE OUTBREAK OF A SHIITE CONFLICT”...
SPECIALIZED COMMERCIAL COURT SHAMMARI ANNOUNCES RECOVERY OF MORE THA 5 BILLION DINARS AND RETURNED STATE FUNDS IN PAST 5 MONTHS FROM COMPANIES VIOLATING CIVIL CONTRACTS...
3 PRESIDENTS MEET TO DISCUSS THE CURRENT STATUS OF SECURITY, POLITIACAL AND ECONOMIC CRISIS IN THE COUNTRY...
PARLIAMENT FINANCE COMMITE MEMBER TAMIMI REVEALS TOTAL INT’L LOANS GRANTED AMOUNT TO BE 90 BILLION SO FAR..
PARLIAMENT LEGAL COMMITTEE MEMBER SAHLANI STATES THAT OIL & GAS LEGISLATION IN THE FEDERAL COURT WILL ADDRESS LARGE PART OF POLITICAL CRISIS TAKING PLACE IN IRAQ...
ABADI PRESIDES OVER THE MEETING OF MINISTERIAL COUNCIL OF NATIONAL SECURITY TO DISCUSS UPDATES & STATUS OF CUSTOMS POINTS AND ADVANCED ELECTRONOC SYSTEMS IN BAGHDAD...
ISLAMIC PARTY CALLS FOR URGENT NATIONAL MEETING AND EXPEDIENT LIBERATION OF CITIZENS OF FALLUJAH...
DEMOCRATIC PARTY OF KUDISTAN MEETS WITH PUK AND STATES WE ARE DETERMINED TO CHOOSE A NEW PRESIDENT OF PARLIAMENT...
rcookie says():SECURITY
IRAQ DEFENSE MINISTRY ANNOUNCE FORCES HAVE ARRESTED 450 ISIS ELEMENTS IN VARIOUS DISPLACEMENT CAMPS NEAR FALLUJAH ATTEMPTING TO INTEGRATE AMONG DISPLACED FAMILIES...
INTERIOR MINISTER GHABBAN ASSERTS IMPLEMENTING NEW TECHNOLOGY & SCIENCE AT CHECKPOINTS THROUGHOUT COUNTRY...
IRAQI SECURITY ANNOUNCES 1ST SAFE PATH FOR CITIZENS OUT OF FALLUJAH...MOD OBEIDI ARRIVES IN SAMARRAS JOINT OPERATIONS COMMAND....
25 ISIS ELEMENTS KILLED IN EDITING OPERATION SOUTH OF MOSUL QAYYARAH JABR VILLAGE AND DESTRUCTION 4 CAR BOMBS...
MOD OBEIDI OVERSEES TRANSFER OF PIECES 9TH ARMORED BRIGADE DIVISION FROM BAGHDAD TO NINEVEH AHEAD OF MOSUL AND SHARQAT OPERATIONS...
FIERCE FIGHTING REPORTED TODAY BETWEEN ISIS ELEMENTS AND ISF IN SOUTHERN FALLUJAH TOWN OF “NAZZAL”...
DISPLACEMENT & MIGRATION DEPT ANNOINCE 150 PEOPLE ESCAPE GRIP OF ISIS IN SOUTHERN KIKUK TO SAFE CAMPS...
magnetlady says():Thanks so much Rcookie. Great Recap Glad they are getting a handle on the ISIS business.
rcookie says to magnetlady():HI MAGS!!....YVW...YES THEY!!
BUCK says():do you think this is going to get serious???...DEMOCRATIC PARTY OF KUDISTAN MEETS WITH PUK AND STATES WE ARE DETERMINED TO CHOOSE A NEW PRESIDENT OF PARLIAMENT...
magnetlady says():Rcookie I wondered about that same staatement that Buck just asked. Are they trying to replace Abadi???
magnetlady says():Or is this just banter
rcookie says():KURDISH PARLIAMENT..
rcookie says():THEY ARE TALKING ABOUT...
BUCK says():oh thank you didnt think jabouri....thanks so much
wmawhite says():Folks,.....the President of Parliament is NOT the country's Prime Minister..........................
wmawhite says():Also,..........remember that Kurdistan has its' own President and Parliament. Sometimes it is difficult to understand who the different Kurdis spokeperson is referring to.
wmawhite says():Are they referring to Kurdistan or to Iraq.
wmawhite says():????
jimplants says():imo they have been talking about replacing barzinni for at least a year
jimplants says():yep
wmawhite says to jimplants():bingo
jimplants says():hey RC that trillon 750 billion that is nothing to sneeze at for the trade bank
rcookie says():It must cover the customs duty to the cost of local production
6/13/2016 0:00 BAGHDAD - Imad emirate economist said D.star Jaber: that the reports of non - governmental organizations concerned with side economic indicate that Iraq has lost over the past 2006.2010 more than $ 180 billion because of its reliance on imported goods and the decline of local industry.
He said Jaber in an interview with « morning «that the results of a survey conducted by the Ministry of planning in cooperation with the Ministry of Labour and social Affairs in 2010 in Iraq showed that the unemployment rate among the population aged 15 years and over of 1.28 percent for both sexes and the unemployment rate for males was 2.30 percent versus 16 percent.
He said Jaber: starting to say that the protection of local production and encourage them to grow and develop and achieve acceptable levels of earnings, mean that the tariffs be imposed on imported products will lead to higher prices as well as prices of locally produced goods by the tax,
which can be local product who suffers from normally production costs are high that cover these higher costs and make a profit it can continue in production, expansion and exploitation of its energy productivity - based, and thus the development of the imposition of duties on imports lead to higher Almtemtah products price protection in the internal market and enable it to discharge its production.
He said if he was able to domestic industries from exploiting the protection period for the development of production and reduce the cost of production , it can then continue to work until you start reducing the tariffs level or completely canceled without the need for continued protection,
hence, the economic cost to the national and the consumer as a result of the imposition of protective customs duties economy offset growth and expansion , which can get into the national industry,
which represents social benefit provided to sectors of the national economy and for the consumer , also as a result of lower expected prices after the expiration of the period of protection by customs.
Jaber between being effective tariff protection and serve to achieve the goal protect domestic production must be based on the tariff law detailed economic analysis determines necessary protection for each commodity on the unit level in the light of comparing costs and prices of local and imported foreign goods and competition in the domestic market, but not the most effective must be the extent and the level at which eliminates the price difference between domestic and foreign commodities.
concluded Jaber to say: that More importantly, is the need for infrastructure , the creation of the national economy , both physically and technically and technology and the restructuring of production facilities in the public sector,
which suffered the majority of its facilities to stop work until now, or the private sector is suffering from deficiencies and weaknesses and a lack of funding and interruptions from the outside technical and iT world since the period long, and also suffers from weak competitiveness even with the neighboring countries ' products,
so the imposition of customs duties, as set out in the tariff law No. 22 for the year 2010 is not enough to the national industry to recover and makes them in a position of maximum and effective to benefit from the tariff approved in - law .
LINK http://ift.tt/1OlvYmZ
dwightj says():WHAT PEOPLE DONT UNDERSTAND ABOUT THOSE PEOPLE IS IF LIFE DONT GO THIER WAY THEY BLAME ANYONE THATS DOING GOOD
Baxter says():Yep...
dwightj says():ITS NEVER THIER FAULT
Baxter says():My son gets to leave Baghdad on Wednesday.... I pray this is his last time..
rcookie says to jimplants():CORRECT...AND THATS A MORE THAN 300% CAPITAL VALUATION INCREASE....NOW WHAT DO YOU SUPPOSE THAT KIND OF MOVE FOR THAT BANK AND OTHERS INCREASING OVER 200%....
magnetlady says():awesome baxter
Baxter says():(y)
dwightj says():I HOPE SO TOO BAX
subgirl says to rcookie():WOW that is a Capital Valuation INCREASE!!!! 300%!!!!!
jimplants says():maybe a little forward thingking about global trade
da58 says to rcookie():I missed something along the way over the last week... I thought they were already collecting tariffs? like didn't they list revenue from tariffs at I think 30mill or so? Is it that they weren't 'fully' implemented?
subgirl says to rcookie():thanks for sharing the news and the recap!!!!!
da58 says to rcookie():and thanks for that news recap - spectacular!
jimplants says():still not fully implemented
da58 says to rcookie():ahhh..
da58 says to rcookie():maybe that was an estimated future revenue I'm confused about.. the figure was 30 mill - I thought it was from march.. brain's fried tho!
magnetlady says():awesome baxter
Baxter says():(y)
dwightj says():I HOPE SO TOO BAX
subgirl says to rcookie():WOW that is a Capital Valuation INCREASE!!!! 300%!!!!!
jimplants says():maybe a little forward thingking about global trade
da58 says to rcookie():I missed something along the way over the last week... I thought they were already collecting tariffs? like didn't they list revenue from tariffs at I think 30mill or so? Is it that they weren't 'fully' implemented?
subgirl says to rcookie():thanks for sharing the news and the recap!!!!!
da58 says to rcookie():and thanks for that news recap - spectacular!
jimplants says():still not fully implemented
da58 says to rcookie():ahhh..
da58 says to rcookie():maybe that was an estimated future revenue I'm confused about.. the figure was 30 mill - I thought it was from march.. brain's fried tho!
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