Millionday: OK HERE WE GO
Millionday: I WENT TO ISX LAST NIGHT AND TODAY AND THEY HAVE THIS ANNOUNCEMENT FOR MANY STOCKS
Millionday: Shares of Iraq Baghdad Passengers Transport resumed trading on Wednesday Dec 3 2014 01/12/2014 08:27
Shares of Iraq Baghdad Passengers Transport resumed trading on Wednesday Dec 3 2014.
Millionday: I CHOSE ONE BUT GOING ACROSS THE TOP THEY ARE STATING THAT TRADING WILL RESUME WED FOR MANY MANY –
AND ALSO THE IM SORRY HAS CHANGED FROM REFORMS BEING DONE FOR THE FEED PROBLEM TO THEY ARE HAVING FEED PROBLEMS NOW
rudie: IM SORRY?
Millionday: We are sorry, Price feed is not currently updated during session due to feed issue.
Millionday: THEY HAVE HAD AN APOLOGY ACROSS THE TOP FOR WEEKS NOW FOR THE LACK OF PRICE FEED ON THE ISX
faith1 so they have to wed dec. 3 to fix the feed problems?
Millionday: SMILE -- STRANGE TID BIT
Millionday: I DONT KNOW -- THEY ARE STATING THAT MANY WILL RESUME ON WED
Millionday: Governor of the Central Bank of Iraq and the Agency, on Monday, that the amendments to the central bank and banking laws, money laundering and reached the final stages, among the several meetings with Parliament Speaker Salim al-Jubouri for ratification soon, the bank's board described as "an internal committee need to expansion.
Millionday: NOTE -- FINAL STAGES FOR LAWS AND LEGISLATION
Millionday: Keywords and said in an interview with the (long-Presse), "The central bank strives to accelerate the amendment of laws that are Bmsas with the banking sector as a law of the Central Bank and the Banking Law and the Law on Money Laundering."
The relationship, "that a number of meetings were held with the head of the House of Representatives, Salim al in order to give priority to these laws during the next stage,
because of the economic system sensitivity and need them, in order to pay to the government for approval,"
referring to the bank and throughout the years that preceded the fall of the regime Former Keep monetary policy, as well as the large role in the stages of development of the economy.
Millionday: NOTE -- THEY ARE IN A RUSH TO MOVE FORWARD WITH ALL BANKING LAWS AND LEGISLATION ETC BECAUSE OF THE HUGE ROLE THAT THE MONETARY POLICY HAS IN ALL OF THE STAGES OF DEVELOPMENT FOR IRAQ
Millionday: He said the central bank governor, to "amend these laws is in its final stages, and that the coming months will be enough to Pthariaha to give new financial dye in the financial and banking sector alike,"
pointing out that "found that the administration of the Iraqi Central Bank Council, which represents the highest authority in the The Bank does not represent only an internal committee of the central bank does not represent other parties.
Millionday: NOTE -- THE POLITICAL PARTIES ARE NOT REPRESENTATIVE OF THE CENTRAL BANK -- IT IS INDEPENDENT
Millionday: Keywords and called for "the need to involve other parties in the Board of Directors of both the public or the private banking sector in order for there to be a clear vision for the work of the Central Bank."
Held Association of private banks, the first of Saturday (November 29, 2014), a conference attended by Prime Minister Haider al-Abadi and a large number of banking and financial figures in order to stand on the main impediments to the banking sector and ways to address them and develop them.
Millionday: SO ALL STEPS OF LAW HAVE TO BE IN PLACE AND INTERGRATED WITHIN THE ENTIRE DEVELOPMENT OF IRAQ WITHIN CBI SO THAT ALL PEOPLES ARE REPRESENTED AND THEIR IS NOT A RISK OF LEANING TO ONE PARTY`S SUCCESS OR VIEWS
Millionday: BRB WITH MORE
Peppermint: I thought CBI was ready at anytime to pull the trigger. Does this mean more waiting , or is this just a summary of what has been happening.? Help
dabmac: How long to implement the laws? Can this be done very quickly?
Millionday: THEY ARE WRITTEN PER REPORT SO WE JUST HAVE TO WAIT AND SEE -- THEY HAVE GIVEN US NO WRITTEN TIMELINE
Millionday: THIS IS A SUMMARY AND A REPORT TO THE PEOPLE/CITIZENS
faith1: what was the 7 to 10 days from last evening ? got a bit confused with that...
Millionday: THE 7 TO 10 DAYS ? WHAT WAS IT IN ? RUDIE DO YOU HAVE A HINT FOR ME ?
rudie: think it was to do with the 2015 budget
Millionday: OH THATS RIGHT -- THAT IT WILL BE PUT IN BY 7 TO 10 DAYS BUT HE WENT TWO DAYS AGO WITH IT IN HAND (ABADI) FOR THE FIRST READING TO PARLIAMENT
foxmulder: adabi submitting the budget in 10 days !!
Millionday: NO NOT SUBMITTING IT TO PARLIAMENT –
IT IS DONE AND THROUGH THE MINISTERIES AND ON TO PARLIAMENT ALREADY –
FIRST READING WAS TO BE DONE TWO DAYS AGO THE MORNING OF THE MEETING
Millionday: BRB WITH MORE
faith1: ohh k thanks ,,,, here is last night fyi,,, thanks again MD ! Pablo: So, if the amendments have been completed, why wait 7 to 10 days?
Millionday: THEY WILL HAVE IT COMPLETE AND LAW BY 7 TO TEN DAYS ---- BOTH SO THEY WILL BE LAW BY THEN
pinsetter Millionday: was it confirmed that there was a first reading
carpet: Is the budget that important to our RV
Millionday: IT IS IMPORTANT TO THE COUNTRY
Millionday: THE THING IS THAT THEY ARE WORKING TO MOVE FORWARD WITH ALL THE FINANCIAL CHANGES AT THE SAME TIME BECAUSE –
THEY AS A MARKET NEED TO BE COMPETITIVE WITHIN THE COUNTRY AS WELL -- THEY NEED TO FUND THEIR PROJECTS SO THEY CAN ADVANCE
Millionday: I AM LOOKING FOR THAT CONFIRMATION AND HOPE TO SHOW YOU IN A FEW
Millionday: BRB WITH MORE
Millionday: REMEMBER THAT CBI STATED THAT THEY WILL MOVE FORWARD WITH REFORMS AND USE THE INVESTORS FUNDS TO BEGIN WITHIN THE COUNTRY –
HOWEVER -- THEY ALSO SEEM TO BE MOVING FORWARD WITH GREAT SPEED TO GET THE BUDGET DONE
letsroll: carpet, here s my take on budget jmo though .... so much of Iraq's forward progress and development is tied to the budget..
and what we seek as investors is tied to stability, security, progress and development. So we watch the budget news... for it is a sign of what is ahead.
It has never been a good idea to live and die with each article and issue that we watch... cheers
Millionday: I CANT FIND IT
Millionday: THE BUDGET`S FIRST READING IS NOT LISTED IN FORMAL RESOURCES
Millionday: THE THING IS THIS
Millionday: THE 2015 BUDGET IS WHAT THEY ARE REFERRING TO –
NOW UNDERSTAND THAT THEY CAN NOT MOVE FORWARD TO THE NEXT YEAR BUDGET WITHOUT THIS YEAR BUDGET COMPLETE AND IT IS DUE TO THE WAY THEY ARE ACCOUNTING THEM BOTH
Millionday: THE REASON I SAY THAT IS THAT THEY HAVE REMOVED THE PROJECTS AND SOME OF THE PAY AND ANY EXPENSES AT ALL THAT CAN BE MOVED TO 2015
SO THAT THEY CAN AVOID A HUGE DEFICIT IN THE REALITY OF IRAQ ECONOMICALLY FOR THE CALCULATION OF THE YEAR 2014 –
REMEMBER THAT THEY ARE ENTERING THE FINAL ACCOUNTS AS REVENUES AND ALSO ACCOUNTS RECEIVABLE AND DEBTS ON THE NEXT YEAR BUDGET –
THAT WAY THE 2014 EMERGENCY BUDGET FOR THE LAST WEEKS (OR THE TIMELINE THEY HAVE INCLUDED) DOES NOT REFLECT A DEFICIT THAT IS GOING TO MAKE IT LOOK AS THOUGH THEY HAVE HUGE INFLATION AND A LESS VALUE THAN THEY WOULD LIKE FOR THE DINAR
Millionday: THEY HAVE STATED AND MADE IT CLEAR THAT THEY ARE WORKING WITH THE BUDGETS TO BACK THE DINAR TO BE AS STRONG AS POSSIBLE –
THAT IS WHY THEY REMOVED SO MANY PROJECTS --
Millionday: REMEMBER THE REPORT THAT STATED IN THE TITLE THAT THE PROJECTS FOR THE 2014 BUDGET WERE REMOVED AND SO MANY DID NOT READ THE REPORT AND THOUGHT IT MEANT THAT THE 2014 BUDGET PROJECT WAS REMOVED AND SOME ACTUALLY ANNOUNCED THAT THEY CANCELLED THE 2014 BUDGET?
Millionday: THE REASON THEY CANCELLED SO MANY PROJECTS FROM THE 2014 BUDGET IS THAT IT CREATED A HUGE DEFICIT AND IT DID NOT REPRESENT THE DINAR AS A STRONG CURRENCY WHICH IS THEIR GOAL
Millionday: MAKE SENSE ? –
SO IN ORDER TO HAVE THE 2015 EVEN HEADED TO PARIAMENT FOR A FIRST READING OR A PEEK EVEN –
MEANS THAT THE 2014 BUDGET IS DONE OR THEY WOULD NOT BE ABLE TO HAVE THE 2015 BUDGET IN HAND ANYWAY -- READ OR NOT
donnie: then wouldn't it make sense to Revalue the Dinar against the Dollar once the 2014 budget is Approved and made Law so the Dinar would be the strongest instead of waiting until next year when the 2015 budget might pull the value of the Dinar down? Pass the 2014 then Revalue ASAP like before Christmas
jtank: If they go into 2015 to RV then the deficits will still be there
Millionday: I WOULD LOVE IT DONNIE
faith1: are the citizens of Iraq angry and demanding to be paid ... as promised ??
Millionday: THE REVENUES OF 2015 ARE CALCULATED THROUGHOUT THE YEAR AND THE GAINS OF OIL/PRODUCTS AND ALSO THE IMPLEMENTATION OF MARKETS WITH TARIFF/TAXES ---
AND SO MANY GLOBAL INVESTMENTS ALL WILL CHANGE THE OUTCOME OF THE POSITION ECONOMICALLY THAT IRAQ IS IN BY THE END OF THE YEAR ----
THE THING IS THAT THEY ARE ENTERING TO A MARKET ECONOMY AND IF THEY HAVE A MANAGED FLOAT (EXAMPLE) THE FLUCTUATIONS FROM THE GAINS
AND THE CHANGING CREDIT RATING AS THEIR DEBTS ARE PAID WILL LOWER THEIR INTEREST RATES AS THEY ARE NOW WHICH WILL ALSO CHANGE THE "BOTTOM LINE"
Millionday: THE REGAIN OF THE POWER OF THE DINAR WILL CHANGE AS THE GAINS TAKE PLACE WITHIN THE COUNTRY --FOR THE DINAR- AND FOR THE ISX –
SO AT SOME POINT IT WOULD BE SMART TO HAVE THE DINAR AS A MARKET DRIVEN CURRENCY --- FLOAT (EXAMPLE)
Millionday: MAKE SENSE ?
dinarmassa: a true float would be dangerous, could make the dinar overvalue and really be expensive collecting the 3 zero notes
poppy3: remember they ARE SUPPOSED TO BE ON HOLIDAY FOR THE NEXT 30 DAYS AND JABORI AND ABADI SAID NO BREAK TILL ALL IS COMPLETE.
SOUNDS TO ME MORE LIKE THEY ARE NOT WAITING FOR SOME DATE IN THE FUTURE
SOUNDS TO ME LIKE WHEN THEY GET REQUIREMENT AT THE POINT THEY WANT REGARDLESS OF TIME OR DATE THE RATE WILL CHANGE WEATHER 2014, 15, ON THE 1ST ,2ND, 7TH, SO ON WHEN COMPLETE IT WILL HAPPEN PERIOD POPPY3
Millionday: THE THING IS THAT THE 3 ZERO CURRENCY REMOVAL PROJECT DUE TO THE NEW PRICING INDEX AND THE REDENOMINATION RESULT WOULD NOT SEEM TO TAKE AN ENTIRE YEAR BUT –
THE REGULATIONS WILL BE GIVEN TO DESIGN HOW LONG THEY WOULD LIKE IT TO TAKE –
THEY WILL HAVE REGULATIONS THAT WILL CAUSE PEOPLE TO RESPOND AS FAST AS THEY WOULD LIKE THEM TO -- SMILE
Millionday: GOOD POINT POPPY -- GOOD TO SEE YA MY FRIEND
faith1: how are the people of Iraq responding ? are the citizens of Iraq angry and demanding to be paid ... as promised ??
Millionday: BY WHAT I HAVE SEEN -- THEY ARE ENCOURAGED -- THEY ARE REPORTABLY VERY EXCITED WITH THE NEW GOV
poppy3 Millionday: ME TOO HEARING THEY ARE GETTING MORE CONFIDENT THAT THE GOI IS DOING THINGS FOR THEM TO PROSPER IN THE NEAR FUTURE. POPPY3
Millionday: THEY REGAINED SO MUCH CONFIDENCE BACK WHEN THEY WERE ABLE TO DRIVE DAASH AS WELL -- THE CHANGES REALLY STARTED OCCURRING THEN IMO
Millionday: BRB WITH MORE - WANT TO CHECK TO MAKE SURE I DIDNT MISS ANYTHING
rrathbun: A buddy of mine who is currently working in the "zone" told me over the Thanksgiving Holiday that the changes in the peoples attitudes over the past 60 days is truly remarkable. They have a tremendous amount of respect for the new government and are expecting good things to come.
1derrick: Do any of you believe some have exchanged already?
Millionday: NO ONE HAS EXCHANGED THAT I KNOW OF EXCEPT ONE PERSON
Millionday: I AM SURE THEY MAY BE MORE
Millionday: I DONT KNOW OF ANYONE THAT THINKS IT IS A GOOD IDEA THOUGH DUE TO THE LOW GAIN THAT HAS BEEN MADE UP UNTIL NOW --
Millionday: THIS DOESNT LOOK LIKE MUCH OF A GAIN >>>>>>>>>>>>>
US dollar USD 1166.000 1164.000
Euro EUR 1454.585 1453.858
British pound GBP 1835.867 1834.949
Canadian dollar CAD 1037.736 1037.217
Swiss franc CHF 1207.039 1206.436
Swedish krona SEK 156.959 156.880
Norwegian krone NOK 170.928 170.842
Danish krone DKK 195.519 195.422
Japanese yen JPY 9.895 9.890
Drawing Rights SDR 1707.304 1706.450
Indicative rates - 27.11.2014
Millionday: BUT FOR SOME AND FOR PERSONAL REASONS IT WAS A 'HAVE TO' SITUATION
Millionday: HOWEVER IF SOMEONE IS SAYING THAT THEY GOT MORE FOR THEIR DINAR THAN THAT –
THEY HAVE NOT FOLLOWED THE RULES AND GONE THROUGH A BANK OR MONEY EXCHANGE BUSINESS
Millionday: OR THEY ARE LYING -- WHICH DUE TO COURT RECORDS OUT RECENTLY –
I WOULD NOT RECOMMEND ANYTHING BUT THE TRUTH AND FOUND FACTS WHEN REFERRING TO AN INVESTMENT AND A MARKET
Millionday: HERE WE GO
Millionday: Kurdistan Regional Government and a member of the Kurdish negotiating delegation in Baghdad Sven Dzia, on Monday, that the Iraqi government side has the desire and the will to resolve the outstanding issues with the provincial government as the last resort Alardah itself, emphasizing the design of the parties to reach an agreement that serves everyone.
Millionday: NOTE -- MANY ARE SAYING THAT THEY ARE NOT HAPPY WITH THE MEETINGS THEY HAVE HAD WITH THE KURDS AND IRAQI FEDERAL –
THAT IS NOT WHAT I SEE -- THEY SEEM TO BE VERY ENCOURAGED BY THE MEETINGS THEY HAVE ATTENDED ACCORDING TO THEIR REPORTS
Millionday: He Dzia after the two delegations meeting in an interview with reporters, including a correspondent agency all of Iraq [where] that "the problems between the two sides can not be solved one meeting or two meetings.
He said. "There are other rounds of meetings, which will continue up to reach the agreement."
Millionday: "The Kurdish delegation came to Baghdad carrying a desire and will to solve problems," adding that "touch the desire and the will of the interview with the government party and this is what will be a catalyst for further discussions and bilateral meetings until they reached an agreement satisfactory to both parties on all points of contention in the issues raised."
Millionday: SO AS WE CAN SEE -- THE ERBIL AGREEMENT IS BEING IRONED OUT
Millionday: WE WILL SEE YOU AT NEWSTIME TONIGHT AT 730 EST
Millionday: THANK YOU ALL FOR COMING TO ROUNDTABLE -- KNOW THAT MANY MEETINGS ARE TAKING PLACE AND WE HAVE DEVELOPED A HABIT OF SIGNING THE AGREEMENTS -- WHOOOPOW –
SO KNOW THAT IT IS VERY ENCOURAGING RIGHT NOW