"The Daily Dinar " ..........Tuesday,18 June 2013
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  1. #1

    "The Daily Dinar " ..........Tuesday,18 June 2013

    Stryker Update

    6-17-13 Stryker: What a collection of Parliament articles today!

    Articles: Tomorrow. The House holds a meeting to discuss a number of laws

    I am going to break the laws down so we know what they will be looking at tomorrow.

    These are the ones that should interest us ... CAPS ARE MY THOUGHTS and RESEARCH.

    THIS ONE SHOWS THAT THEY WILL BE OUT OF CHAPTER VII AND WILL BE

    WORKING TO TRAIN THEIR ARMED FORCES AS NATO PARTNERS.
    ...

    (QUOTE) the vote on the draft law on ratification of the Convention on the training

    of Iraqi security forces between the Government of the Republic of Iraq and NATO.

    THIS NEXT ONE IS THE MOST INTERESTING ONE, IT LOOKS LIKE THEY WILL BE VOTING ON MONETARY CHANGES TOMORROW AND COULD VERY WELL BE THE MONETARY REFORM THAT THEY/WE NEED,

    VOTE TOMORROW AND IMPLEMENT JULY 1ST AS MOST MONETARY CHANGES TAKES PLACE EITHER AT THE FIRST OF A COUNTRIES FISCAL YEAR OR AT MID FISCAL YEAR, HENCE JULY 1ST:

    (QUOTE) and vote on the draft law on monetary and banking training centre.

    THIS NEXT TWO ARE EASY TO FIGURE OUT, THE FIRST ONE IS THE NAVIGATION

    MEMORANDUM THAT BOTH SIDES SIGNED LAST WEEK:

    (QUOTE) the first reading of the draft law on the ratification of the Convention between the Government of the Republic of Iraq and the Government of the State of Kuwait concerning the regulation of shipping in the Khawr Abd Allah.

    THE NEXT ONE IS A JOINT COMMISSION TO HELP BOTH COUNTRIES KEEP MOVING IN THE RIGHT DIRECTION AFTER IRAQ IS RELEASED FROM CHAPTER VII:

    (QUOTE) the second reading of the draft law on ratification of the agreement on the establishment of a joint Commission for cooperation between the Government of the Republic of Iraq and the Government of the State of Kuwait.

    THIS ONE IS ABOUT THE BA'ATH PARTY AND THE CHANGES NEEDED TO BE MADE THAT WE KEEP READING SO MUCH ABOUT AND PART OF THE DEMONSTRATOR'S DEMANDS.

    THESE ARE ADDITIONAL THINGS NEEDED FOR STABILITY IN IRAQ PRIOR TO MONETARY CHANGES. THE ACT WAS FROM 1979 THROUGH 2003 WHILE THE COUNTRY WAS UNDER THE REALM OF SADDAM:

    (QUOTE) the vote on the draft law of the fifth amendment to the Council of state Act No. 65 of 1979

    READ MORE ABOUT THIS: http://en.wikipedia.org/wiki/Ba'athist_Iraq

    THIS ONE GOES WELL WITH THE MONETARY CHANGES THAT THEY WILL BE VOTING ON TOMORROW AND IS AS INTERESTING IMO:

    (QUOTE) vote on the draft law of the first amendment Coalition Provisional

    Authority order No. (87) for 2004

    THIS ORDER NO. (87) FOR 2004 RECOGNIZES THAT PUBLIC CONTRACT LAWS

    SHOULD CONFORM TO INTERNATIONAL STANDARDS OF TRANSPARENCY,

    PREDICTABILITY AND FAIRNESS OF TREATMENT. IT SHOULD PROVIDE FOR DISPUTE RESOLUTION MECHANISMS AND BE FREE FROM CORRUPTION AND UNDUE INFLUENCES AND CREATE A SYSTEM TO PROCURE GOODS AND SERVICES AT THE BEST POSSIBLE VALUE FOR GOVERNMENT.

    THIS TWO SHOULD INCLUDE THE CONCEPT OF FULL, FAIR AND OPEN

    COMPETITION WILL BE A CRITICAL IMPORTANCE TO IRAQ'S ECONOMY AND OF FREE TRADE AMONG NATIONS.

    THIS AUTHORITY ALSO SHOULD BUILD ON THE EXISTING IRAQI LAWS IN THE FIELDS OF ADMINISTRATIVE INSTRUCTIONS AND MODERNIZING THEM IN ACCORDANCE WITH INTERNATIONAL PRACTICES.

    FOLKS, AMENDING THIS ACT NO. (87) IS VITAL IMO AND MEANS THAT IRAQ WILL SOON BE ACCEPTED INTO THE WORLD TRADE ORGANIZATION AS A FULL MEMBER AND BE BACK ONTO THE INTERNATIONAL STAGE WITH A REAL CONVERTIBLE CURRENCY AND WHAT BETTER WAY THEN WITH A NEW MONETARY SYSTEM.

    THESE ARE JUST MY PERSONAL OPINION OF COURSE.

    GO HERE TO READ MORE ABOUT THE COALITION PROVISIONAL AUTHORITY ORDER NO, (87) FOR 2004:

    http://www.iraqcoalition.org/regulat..._Contracts.pdf



  2. #2
    Vietnam’s Central Bank Says It Intervened to Slow Dong Decline

    The State Bank of Vietnam said it intervened “with reasonable volume” in the foreign-exchange market to slow a slide in the dong fueled by increasing dollar demand from importers.

    For the rest of 2013, the monetary authority will closely watch currency movements as well as banks’ foreign-exchange levels in order to get into the market in a timely manner and “flexibly manage money supply channels to control cash flow,” it said in a statement on its website today. The central bank said it will try to help the government meet its inflation and economic growth targets.

    Vietnam joined central banks in Indonesia and India in intervening in money markets in the past week to support their currencies as speculation the Federal Reserve will rein in monetary stimulus curbed demand for emerging-market assets. The Asia Dollar Index, which tracks Asia’s 10 most-used currencies excluding the yen, fell in five of the last six weeks.

    “The pressure on the dong is in line with what we’re seeing in other countries,” Thomas Harr, Singapore-based head of local markets strategy, East, at Standard Chartered Plc, said by phone. “There are global concerns about investors withdrawing money from Asia. It’s a combination of local and global factors.” He flagged Vietnam’s trade deficit, which widened for a fourth month in May to $1.2 billion from $936 million in April and $546 million in March, as an issue as well.

    Sliding Currency

    The dong, which has lost about 0.5 percent since April 30, weakened 0.1 percent today to 21,033 per dollar as of 5:00 p.m. in Hanoi, according to prices from banks compiled by Bloomberg. The central bank reiterated it aims to limit the dong’s fluctuation to 3 percent this year. It said it will try to boost credit growth to 12 percent by the end of 2013 from 2.98 percent in the five months through May.

    Foreign investors have sold more Vietnam shares than they bought this month, pulling out a net $24.2 million, according to data compiled by Bloomberg. The benchmark VN Index (VNINDEX) of stocks slid to a three-week low, slipping 2.1 percent today in Ho Chi Minh City. Investors pulled $2.1 billion from Asia in the week to June 12, the most since August 2011, Citigroup Inc. analyst Markus Rosgen wrote in a June 14 report, citing EPFR Global.

    Vietnam government bonds fell for the seventh day, with the five-year yield rising 15 basis points, or 0.15 percentage point, to 7.80 percent, according to data compiled by Bloomberg. That’s the biggest jump since July 13, 2012.

    Monetary Policy

    The government is aiming for economic growth of 5.5 percent in 2013, in what would be its first period of three straight years of growth below 6 percent since 1988, according to International Monetary Fund data. The State Bank of Vietnam has cut interest rates eight times since the start of 2012 as part of efforts to spur expansion. “We are not looking for a devaluation, but we have to monitor it,” Standard Chartered’s Harr said. “Any concerns they’ve loosened monetary policy too much may weigh on the currency,”

    Vietnam faces a “great risk” of macroeconomic instability, Deputy Prime Minister Nguyen Xuan Phuc told lawmakers on May 20, as credit growth trails behind targets while banks work to reduce high levels of bad debt that have hampered expansion.
    The economy expanded 5.03 percent last year, the slowest pace since 1999, and the International Monetary Fund in April cut its 2013 growth forecast for the country to 5.2 percent from 5.8 percent.

    To contact Bloomberg News staff for this story: Nguyen Dieu Tu Uyen in Hanoi at uyen1@bloomberg.net

    http://www.bloomberg.com/news/2013-0...g-decline.html

  3. #3
    Millionday Discussion

    Millionday news 6/17/13

    millionday] i have something to show you all that will make you smile here we go now they call it counting centers for the banking but check this out

    [millionday] financial affairs specialist stressed the need to activate prompt the central bank to establish a center for banks currency counting and sorting by using modern mechanization. Saif al-Jawad said in an interview for the (morning):

    The trading blocs cash in banks requires advanced technologies, in light of doubling the amounts that are traded in local banks that require considerable time and effort by the fund trustees.
    ...

    [millionday] He added that the centers of counting demanded by the central bank earlier contribute to reducing the phenomenon of shortage and fake and spoiled that appear in the deposits of banks continuously with the CBI.

    mentions that the central bank called for the establishment of these centers during the month of March last year under the guidance issued by the Directorate-General issuing and Closets in the bank

    [millionday] so this is the del a rue machine this is the request to set up the counting and sorting of their currency -- get it? smile

    millionday] so let me see what else i can find on this because let me tell you this is a whopper and i mean a whopper they are setting up to sort the currency at the banks

    [millionday] how much better can it be ---? hmmm -- the rate could change and it could be better but thats about it smile [millionday] oh now i am excited too -- trust me very

    millionday] predicted Congress that holds the legislative term last signs of hope for the people to pass laws overdue and activate the work of the House of Representatives after being hit completely paralyzed by political conflicts faced over the chapters legislatures two years.

    are scheduled parliamentary session The first legislative term Last day to discuss a range of laws and agreed upon in order to break the political deadlock, especially after the recent meetings which brought together political leaders and opened the doors of dialogue between them.

    member of the National Alliance MP for the rule of law Ibrahim stirrup stressed that the parliamentary session will go important laws that will restore vital for the work of the Council, which paralyzed the full result of political conflicts.

    [millionday] the date for the official announcement of the release expected in the 27th of june

    [millionday] now congress is back today and the important laws for the international community are on the table and in need of vote these are amendments that have been completed during the vacation and by the leaders and party of five or i should say committee of five -- smile

    millionday] oh this is all coming together very well and the timeline for all of these things are as we thought let me explain

    [millionday] some of these laws cant be in place without some of the others so as we have been saying it has to be all at the same time so this is exactly how this is working out by the way we see it coming

    [millionday] the laws have to be supported by the other laws that make them work -- in laymen's terms so let me look some more and see what is rockin great -- smile

    [millionday] here is the rest on what we are seeing with parliament

    [millionday] said stirrup in an interview for "Center Brief for the Iraqi Media Network," that "the most important laws that are expected to be discussed and put to the vote the General Amnesty Law and Justice and Accountability, oil and gas and the criminalization of the Baath Party, as well as a range of important laws and different them that have not been agreed upon.

    "He MP expressed hope that heed the political blocs to important aspect and bright to focus on doing what is in the interest of the political process and the people," calling on political forces to continue dialogue initiatives in order to shed light on all the problems and Thuwaytha

    and then disposal and return to positive dialogue building that serves Iraq and away the specter of sectarian civil war between the spectra of the people

    [millionday] positive atmosphere and said stirrup that the meeting of the central government with the provincial government and the positive atmosphere that prevailed in the dialogue initiatives reflected positively on the political process,

    noting that the formation of specialized committees to follow the laws different them, such as: oil and gas law and the Peshmerga and the oil companies gave an important driver of the parties' political continues positively with the government in order to agree on a solution to all crises by mutual consent.

    , and pointed out that to break the deadlock between the political blocs re vital to the political process, pointing out that there are some important laws that pour in the interest of the people need to compromise and work on them by all political forces such as the infrastructure, which is expected to be included and voted upon by 80 percent

    [millionday] put laws in turn, likely independent MP Jawad Albzona that is thrown oil and gas laws and the demands of the demonstrators and the criminalization of the Baath Party during the session next.

    said Albzona in an interview for "Center Brief for the Iraqi Media Network," that "all political blocs will go laws that you see from its point mature", expecting that the meeting be consensual.

    "The next stage will be the stage of political consensus and this will be the legislative term separation of consensus political, "calling on all political blocs to deal with detente positive achieved between the center and the region and to move towards the premises of democratic high level of transparency in order to achieve consensus on important laws that help mature political action is important in the interest of everyone

    millionday] note -- so we are talking all the laws and all the demands -- and with perfect timing so we have hope in the situation we are in and also hope for the iraqis at this point

    [millionday] stressed Albzona the need to recognize the political blocs Phase difficult experienced by the country and carry out their responsibilities legal and ethical towards the people who voted for them and pay a lot of martyrs for the success of the new political process,

    noting that the conflict, which lasted a long time between the political blocs must be finished forever, and begin a new phase of the vote for the homeland not on the basis of bloc or party, but rather on the basis of citizenship and belonging to Iraq alone and away from carrying agendas that do not want the best for Iraq.

    signs of hope for his part, said a member of the National Alliance, Mohammed Hindawi said all the political blocs seek to carry the legislative term of the last signs of hope for all Iraqis

    [Domino] millionday Was this an agenda for some date or just generally what is on their plate for who knows when?

    [pastorbry] Amazing... seeing a new day for their nation... for their people open right in front of us... glory to God!

    [millionday] this is for this term -- they are back as of today and this is on the plate and they have been warned to work and get it done with no political problems or arguments on the table amen

    millionday] this is fantastic for us but think of those poor iraqis for all these years -- this is really great for them and for the world

    [millionday] He said al-Hindawi said in an interview for "Center Brief for the Iraqi Media Network," that "the legislative term of the latter would be better than the rest of the chapters that passed out of the political process,"

    noting that "the understandings between the Governments of the center and the region and between Najafi and the parties of the National Alliance and between Maliki and Mutlaq have an impact on the functioning the political process for the better. "

    and warned al-Hindawi on the need to include the law criminalizing the Baath Party for discussion and voting on it, pointing out that if it did not include the law on the agenda of the next meeting Vsihml House Speaker moral responsibility for this and will continue to MPs the rule of law in the province of hearings

    [millionday] see they have demands to meet on themselves as well we also have the kurds getting things done hmmmmm

    [millionday] called MP all the political blocs to be distinct in their performance in order to serve the political process and the people because it is under the constitutional oath in front of all Iraqis, and because the stage requires that come together everyone for the building.

    the work of a sophisticated and quality to it, he saw the Kurdistan Alliance MP Qassem Mohammad Qasim said the parliament sessions under the umbrella of the positive atmosphere given impetus to a new breakthrough of hard work to mature work of a sophisticated and quality to pass important laws.

    said Kassem in an interview for "Center Brief for the Iraqi Media Network," that "the creation of practical measures with a new political agreements that have taken place recently will generate a stream of hope fueling the political process, which is expected Iraqi them to return them to a package of important laws that serve the interests of the people [millionday] note -- the stage -- love it

    [pastorbry] This is the beginning of a new democratic nation... God is going to do incredible things there... He's opening doors.

    [millionday] and explained that "the consensus center and the region returned to the political process breakthroughs hope him to be able to solve all the nodes surrounding the political process, particularly in the adoption of important laws" ,

    stressing the need to seek political blocs to bear all the responsibilities towards the people through their conformity to pass important laws that serve the public interest. pointed deputy that "the oil and gas law is not the law of the province, but the law of the Iraqi people, all housed in carries more than five important laws

    [millionday] understand that this is something new so -- it has to be for something – NEW smile

    [millionday] finally we have the probable not the possible release of chapter 7 and we have the laws in place and ready to be put in the books and we have the banks ready and also setting up the counting and sorting centers -- with the demands being met and the many contracts instead of mou s

    [millionday] so as many years as we have waited i have to say -- this is the best it has ever been

    millionday] so that is the news for us and it is great -- i have the rest of that one report too brb

    [millionday] He added: there is a revelation of the Kurdistan Alliance need to stand one-stop approach to issues affecting the territory and Kurdish nationalism that will keep these differences within the Kurdish blocs and not go out outside the territory.

    Independent MP said: the differences within the Kurdish blocs will not change their views toward the Federal Government or political partners outside Kurdistan. He was MP for the Kurdistan blocs Coalition//Buffy, ruled out that there will be a big change in alliances within the Kurdistan blocs because the electoral system ' Saint LEGO ', saying that democratic life in the territory had taken her a certain size there is a margin of democracy where several elections in the region but will not lead to significant changes in the masses

    millionday] so we have calm in kurdistan -- and we have action in the country very good day to be an investor

    [millionday] so that is the most news we can look at -- the rest is making agreements that have to do with the opening of the budget for projects

  4. #4
    What have been agreed upon between Maliki and Barzani will be activated soon, says Kurdistan Alliance leader

    BAGHDAD / NINA / The leader figure of the Kurdistan Alliance MP, Mohsen al-Sadoun said: “The next few days will witness the activation of what has been agreed upon between the President of Kurdistan, Massoud Barzani and Prime Minister of the federal government, Nouri al-Maliki during his recent visit to Arbil.”

    He told the National Iraqi News Agency / NINA / “The visit was important for the time and place and we consider Maliki’s visit to the region and meeting with Barzani and have been achieved is a proof of the real positive desire of the two parties to resolve the outstanding issues between them.”

    Sadoun added, “After forming the supervising central committee and other committees, what has been agreed upon will be activated in the next few days.”

    The Prime Minister Nuri al-Maliki headed a regular session of the Council of Ministers in Arbil on Sunday of last week, and then met with the President of Kurdistan, Massoud Barzani.

  5. #5
    Iraq: The importance of counting centers in banks

    Saif Jawad stressed the competent financial affairs on the necessity of activating prompt the central bank to establish a center for banks currency counting and sorting by using modern mechanization.

    Jawad said that “trading blocs cash in banks requires advanced technologies, in light of doubling the amounts that are traded in local banks that require considerable time and effort by the fund trustees.”

  6. #6
    CBI praises the decision of the three civil banks selling dollars at a lower price then the advertiser

    Central Bank of Iraq, on Monday, received a formal letter from the Association of Banks confirms its commitment to the initiative of three banks as a first stage to sell the dollar at a rate lower than the price the advertiser, as pointed out that this initiative represents a “natural behavior”, which show him Iraqi banks, confirmed it complies with its monetary policy to support the Iraqi economy.

    He said the Iraqi Central Bank in a statement received (range Press), a copy of “central bank governor received a formal letter from the Association of Banks includes a commitment solemnly announced earlier initiative by three banks as a first stage to sell the dollar to the public at a lower price from the price advertised.”

  7. #7
    Editorial: Kuwait put the ball in our court, It is up to Iraq to come out of CH VII

    Kuwait – the ball is in our Court. Iraq must come out of the (matamer) item 7 and say adieu international sanctions

    Not to say that the new Iraq and the Division have recklessly and rhetoric and Bill heading the former regime (of Saddam) wanton invasion of its neighbor Kuwait, well known far and wide that the shock of the war and the mini-crisis provoked the former regime left traces and serious implications for the Iraqi people in various walks of life and precise details

    And no doubt terrifying consequences today and they are paying for subsequent generations and perhaps the worst and most dangerous decisions injustice and harm against Iraq is the so-called Chapter VII and that national effort is now out of the reach of this chapter and the final liberation from the constraints of sanctions and restrictions imposed on Iraq.

    Truth be told that Iraq could over the past two decades to implement all the commitments imposed on it, leaving only a few things especially with understanding (Iraqi-Kuwaiti) and determination of common binary to resolve all the outstanding problems, whether those relating to Chapter VII or other … To liberate Iraq from the chapter the dreaded would open the gates of the future in front of him and allow him to breathe the air naturally and regain its role as an active member of the United Nations.

    The visiting Kuwaiti Prime Minister Jaber Mubarak Al-Hamad Al-for Iraq and meeting Iraqi officials led by Prime Minister Nouri al-Maliki has given a strong boost by the Kuwaiti Permanent Representative at the United Nations,The Security Council would consider Iraq output theme from Chapter VII on 27 June and predicted that current passes resolution unimpeded while the parliamentary Foreign Relations Committee confirmed that Iraq official approval by the Secretary-General of the United Nations to remove Iraq from Chapter VII for a convergence of views between Iraq and Kuwait as Kuwaiti Foreign Minister Undersecretary (Khaled Al-Jarallah) confirms that a note intended to be adopted soon between Iraq and Kuwait to develop fields North and then directly in the extraction of oil in the light of the present note, indicating that the end of the month will automatically exit from Iraq under Chapter VII.

    The amount remaining on Iraq and 11 billion dollars, and that Baghdad was required to pay once and for sure about this situation the ball is in the Court of Iraq.

    Important Iraq fulfilled its obligations, in particular concerning resolution 833 remained non-fair international resolution for Iraq is waiting for impatiently.

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