Newstime with Rcookie and Mr. White 6/6/2016
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Thread: Newstime with Rcookie and Mr. White 6/6/2016


    
  1. #1

    Newstime with Rcookie and Mr. White 6/6/2016


    Hutch says(6:44 PM):
    HI RCOOKIE WHAT WOULD YOU LIKE TO START OFF WITH? AND IF I SLOW YOU DOWN AT TIMES.... IT WILL BE BECAUSE I NEED YOU TO DUMB IT DOWN FOR ME


    rcookie says(6:47 PM):
    OK.........HERE IS THE 1ST ONE AND A BIGGIE!!!!!


    Spike says(6:47 PM):
    GOT IT!

    rcookie says(6:47 PM):
    The Central Bank calls from pushing more than 1200 dinars for a dollar to complain to him

    An economy Since 2016-06-06 at 17:11 (Baghdad time)

    Baghdad – the balance of news
    Called CBI, Tuesday, citizens and merchants who pay more than 1200 dinars for a dollar that they buy it from banks or companies convert to complain to him.

    The Central Bank said in a statement received/balance of news, copy, "citizens and merchants who pay more than $ 1200 dinars for a dollar that they purchased from banks or Exchange ausharkat conversion companies in cash or money orders or documentary credits, a complaint to the Central Bank with payment", stating that he "will pay the difference to the buyer by the Central Bank and taking account of the seller.

    The CBI said that it was "a confirmation of directions and instructions for foreign currency exchange rates. over 29/h 33

    LINK

    Read More :http://www.dinarupdates.com/showthre...ain-to-him-6-6


    Hutch says(6:48 PM):
    I'VE BEEN OUT ALL DAY .... WHAT DOES THAT MEAN?
    TAKING ACTION THAT WILL BE ANSWER TO A LOT OF THE PROBLEMS WITH THE CURRENCY AUCTIONS...


    wmawhite says to rcookie(6:49 PM):
    WOW!!!!.....the CBI is telling the citizens.."if you are getting ripped off, come tell us who, and we will give you your money back!!!"

    .....and we (CBI) will go get the bad guys for you.


    Hutch says to wmawhite(6:50 PM):
    WOW !


    wmawhite says to rcookie(6:50 PM):
    Bring more order to the internal exchange values.

    What does this do to the corrupt exchange houses?????


    Lorelai2012 says(6:51 PM):
    Glad to see them taking this action...use the citizens to smoke out the pests out of the woodwork

    rcookie says(6:51 PM):
    THE ONE COLLATERAL RESULT WILL BE THAT THE VIOLATORS WILL BE SHUT DOWN INHERENTLY BECAUSE NO LONGER A PROFITABLE ENTERPRISE..


    wmawhite says to rcookie(6:52 PM):
    Yep....removing the corruption from the financial system....


    rcookie says(6:52 PM):
    EVERYONE IS A WINNER....AND IN THE BACKDROP THE RATE VARIANCE AND IQD IS STABILIZED!!...


    rcookie says to Lorelai2012(6:53 PM):
    GREAT POINT...DOING THE INVESTIGATIVE LEGWORK...


    wmawhite says to rcookie(6:53 PM):
    #19 of the Technical Letter of Intent............"moving away from the MCPs......."


    daytrader says to rcookie(6:54 PM):
    CBI got tired of chasing the spread.

    Hutch says(6:54 PM):
    OK, ANY QUESTIONS OR COMMENTS ON THIS FIRST NEWS ARTICLE


    rcookie says to wmawhite(6:54 PM):
    ANOTHER GREAT POINT ...AS WE LEARNED YESTERDAY THE AUCTIONS ARE DOWN 830 MILLION AGAINST 2015 NUMBERS THROUGH MAY...


    rcookie says to daytrader(6:55 PM):
    LIKE BAILING OUT A BOAT MADE OUT OF A SCREEN...


    wilson6060 says(6:55 PM):
    The question I had has now been answered...Awesome report

    Hutch says to wilson6060(6:55 PM):
    THIS IS GREAT NEWS... I THINK


    rcookie says to daytrader(6:56 PM):
    THIS IS A CURE ALL TO THE PROBLEMS WITH THESE AUCTIONS....


    Hutch says(6:56 PM):
    OK RCOOKIE, WHATS NEXT FOT US


    wmawhite says to rcookie(6:57 PM):
    this is another example of the CBI looking forward down the road, because there will aways be some form of an auction.and with it the threat of MCPs.


    Read More :http://www.dinarupdates.com/editpost...01&do=editpost

    rcookie says to daytrader(6:57 PM):
    AND IS OBVIOUSLY ONE OF THE OPTIONS FOR MAINTAINING IQD RATE STABILITY THEY HAVE SPOKEN ABOUT...AS OPTION TO CLOSING DOWN...

    rcookie says to wmawhite(6:58 PM):
    AGREED....AND I SEE THE UST OVERVIEW OF CBI AT US EMBASSY AS NO COINCIDENCE TO THESE ACTIONS AND THE 300 BANKS UNDER AUDIT AND REVIEW FOR AUCTIONS..


    rcookie says to wmawhite(6:59 PM):
    HAS THE UST FINGERPRINTS ALL OVER IT...


    wmawhite says to rcookie(6:59 PM):
    Agreed!!!


    rcookie says to wmawhite(6:59 PM):
    THIS WILL FURTHER REDUCE THE AUCTIONS....REMEMBER THEY HAVE ALREADY REDUCES 25% IN 2015...


    wmawhite says to rcookie(7:00 PM):
    ...........and another 75% coming.....


    rcookie says to wmawhite(7:00 PM):
    AND ARE SLATED FOR ADDITIONAL 50% REDUCTION IN 2016...AGAINST $44 BILLION SO WE ARE LOOKING AT $22 BILLION FOR 2016....


    wmawhite says to rcookie(7:01 PM):
    correction.......not 75%..........instead, 50%.......


    strkrfan13 says(7:01 PM):
    do they need to completely do away with the auctions to go international?

    wmawhite says to strkrfan13(7:02 PM):
    won't be able to do completely........
    let me answer...


    rcookie says to wmawhite(7:02 PM):
    SO IF AFTER MAY THEY HAVE REDUCED ONLY $830 MILLION...THERE IS SOME WOOD TO CHOP OR INDICATION OF SOMETHING MORE DRASTIC TO MEET GOAL...


    wmawhite says to strkrfan13(7:02 PM):
    Some countries around the global, regardless of whom they are selling to will only take paymentin the USD.

    Therefore, some Iraqi importers will continue to have to pay in the USD.............thus the need for the auctions..........however, greatly reduced.


    strkrfan13 says(7:04 PM):
    makes sense thank you wma

    wmawhite says to strkrfan13(7:04 PM):
    yw


    rcookie says to wmawhite(7:04 PM):
    HERE YOU GO...

    rcookie says to wmawhite(7:04 PM):
    The government will gradually remove remaining exchange restrictions and multiple currency practice (MCP) with a view to eliminating exchange rate distortions. Such a move towards acceptance of the obligations under Article VIII of the IMF’s Articles of Agreement will send a positive signal to the investment community that Iraq is committed to maintain an exchange system that is free of restrictions and MCPs for current international transactions and thus facilitate creation of a favorable business climate. As a first step, the government will, by end-February 2016, amend the Investment Law, or issue clarifying implementing regulations, to remove the limitation on

    rcookie says(7:05 PM):
    GRADUALLY REMOVE.......


    wmawhite says to rcookie(7:06 PM):
    We wait to heard about the acceptance of the obligations of Article 8........


    Lorelai2012 says(7:06 PM):
    Let's hope gradual moves more quickly than "in the coming days"

    wmawhite says to rcookie(7:06 PM):
    and why would the IMF have this statement in there?


    rcookie says(7:07 PM):
    REMEMBER THEY ALREADY ACCEPTED IN 2013 AND WHY THERE WAS BREACH...WHICH IS COMPLETELY CORRECTED...WAS BACK THEN..


    wmawhite says(7:07 PM):
    Folks,.........this statement is from December 2015....


    wmawhite says(7:07 PM):
    IMO,...the IMF has this statement in there because they (IMF) expects the CBI to accept the obligations of Article 8.

    wmawhite says(7:08 PM):
    Otherwise, why even waste the ink to have it in there in the first place.


    Hutch says to wmawhite(7:08 PM):
    I LIKE THE SOUND OF THAT !


    rcookie says(7:08 PM):
    OK ....SO THAT ARTICLE IS HUGE SOLUTION TO THE CURRENCY AUCTION ISSUES OF BOTH LIQUIDITY AND IQD RATE STABILITY AGAINST USD...


    wmawhite says to rcookie(7:09 PM):
    Another CHECK Mark!!!!


    daytrader says to rcookie(7:09 PM):
    The CBI not only has been gradually removing exchange restrictions, they may have just met the requirements of article 19 by eliminating exchange rate distortions with this move.

    wmawhite says to daytrader(7:09 PM):
    Do you mean paragraph #19?


    daytrader says to wmawhite(7:10 PM):
    yes

    wmawhite says to daytrader(7:10 PM):
    ok

    wmawhite says to rcookie(7:10 PM):
    You are on a roll.....keep it going.....


    rcookie says to daytrader(7:10 PM):
    AGREED.....AND ESTABLISHING IQD RATE STABILITY AGAINST USD AND ANTI INFLATIONARY RESULT...

    WIN...WIN...WIN...ACTION THAT RIGHTS A LOT OF WRONGS...

    CITZENS MADE WHOLE...PROFITEER VIOLATORS DIFFUSED...MARKET STABILITY....


    Hutch says(7:13 PM):
    WHEW ! LOTS OF GOOD STUFF, SO FAR ! ANY QUESTIONS OR COMMENTS.... DONT BE SHY !


    Lorelai2012 says(7:14 PM):
    Anyone have a link to Article VIII

    Hutch says(7:14 PM):
    so with the drawing down of the auctions...that means that they are incompliance with certain things that allows them also to do the reforms economically needed?


    rcookie says(7:15 PM):
    I HAVE POSTED ARTICLE VIII OBLIGATIONS AND IRAQS STATUS...ALONG WITH THEIR PREVIOUS ACCEPTANCE AND BREACH...I WILL PUT A LINK AFTER NT


    Hutch says to rcookie(7:16 PM):
    [7:15 PM] Not that Viper: so with the drawing down of the auctions...that means that they are incompliance with certain things that allows them also to do the reforms economically needed?


    rcookie says(7:16 PM):
    THEY HAVE BEEN IN COMPLIANCE AS THEY ACCEPTED ARTICLE VIII PREVIOUSLY...


    maine says(7:17 PM):
    ?

    Hutch says(7:17 PM):
    MAINE GO


    maine says(7:17 PM):
    so now where are we with the HcL

    maine says(7:18 PM):
    thats another big thing to be done with the kurds

    rcookie says(7:18 PM):
    AND COINCIDENTALLY THE LAST TIME THEY ACCEPTED OBLIGATIONS THEY WERE UNDER AN SBA......SOUND FAMILIAR...


    Viper says(7:18 PM):
    SBA?

    rcookie says(7:19 PM):
    IMF STAND BY ARRANGEMENT.. ($15 BILLION LOANS)...

    I AM NOT A PROPONENT OF THE HCL THEORY...


    maine says(7:20 PM):
    explain please

    wmawhite says to rcookie(7:20 PM):
    IMO,.....the HCL is an internal issue...........and not a requirement for what the CBI will do internationally with the IQD.


    rcookie says(7:21 PM):
    THE HCL NEEDS A CENSUS TO BE DONE....AND WITH A WAR ONGOING....AND CLOSE TO 4 MILLION DISPLACED AND POSSIBLY A LOT OF TIME BEFORE RETURNED TO THEIR HOMES.......

    rcookie says to wmawhite(7:21 PM):
    TOTALLY AGREED.....


    wmawhite says to rcookie(7:21 PM):
    the HCL is an internal revenue issue with the GOI.............not related to the CBI and the IQD.


    Spike says(7:22 PM):
    whats next?? with GOV

    rcookie says to wmawhite(7:22 PM):
    AND THESE PROVINCES WHO WANT THEIR PROVINCIAL OIL & GAS DUES WANT THOSE PEOPLE BACK AS WELL..

    LETS BRING IN NEXT ARTICLE


    wmawhite says to rcookie(7:23 PM):
    you the man!!!!


    rcookie says to wmawhite(7:23 PM):
    Cabinet approves electronic forms release mechanisms for loans

    An economy Since 2016-06-06 at 13:46 (Baghdad time)

    Baghdad scales news

    The Cabinet decided on Monday to approve electronic forms release mechanisms apply for loans.

    She said in a statement received Council Secretariat/balance of news/copy, that "the Cabinet today decided to approve launching mechanisms of electronic forms to apply to industrial, agricultural and residential loans.

    He added that "it would be a total of six trillion five hundred billion dinars, distributed on different projects.
    He explained that "those small projects include projects aimed at providing job opportunities to young people and graduates and Iraqi women, including working on raising the standard of living of citizens and move the wheel of development." over 29/34

    LINK

    Read More :http://www.dinarupdates.com/showthre...-for-loans-6-6

    rcookie says to wmawhite(7:24 PM):
    I BROUGHT IN THE REPORT LAST WEEK ANNOUNCING THE NEWS OF THIS NEW ELECTRONIC SYSTEM IDMS....

    Hutch says(7:24 PM):
    I REMEMBER


    rcookie says(7:25 PM):
    THAT PERTAINS DIRECTLY TO THE IMF LETTER OF INTENT INITIATIVES EXPECTED OF IRAQ...

    wmawhite says to rcookie(7:25 PM):
    Abadi's cabinet........the GOI......continues to get the work accomplished....


    rcookie says(7:26 PM):
    IDMSIRAQ DEVELOPMENT MANAGEMENT SYSTEM APPROVED BY COM TODAY


    wmawhite says to rcookie(7:26 PM):
    More..............launching mechanisms of electronic forms to apply to industrial, agricultural and residential loans.


    rcookie says(7:26 PM):
    THIS IS WHY THIS IS SO MONUMENTAL......

    wmawhite says to rcookie(7:27 PM):
    Electronic processing within the financial systems.


    rcookie says(7:27 PM):
    AGAIN EVERYONE...THIS IS NOT AN OPINION OR CONJECTURE....THIS IS RIGHT FOM IMF LOI/MEFP/TECH MOU

    rcookie says(7:28 PM):
    Implement Public Investment Management (PIM) reform with the assistance of the World Bank. On October 18, 2015, the Prime Minister issued a decree endorsing the Public Investment Management Decision Process Framework in line with World Bank recommendations covering investment selection, implementation, and ex-post evaluation. By end-April 2016, the federal Ministry of Planning will set up a central PIM unit that will screen projects based on feasibility studies and develop and manage the Integrated Bank of Projects (IBP) to be operated as a sub- system of the existing Iraq Development Management System (IDMS).

    SO FAMILIARIZE YOURSELF WITH THIS...IT IS HUGE AND YOU WILL SEE A LOT OF PUBLIC INVESTMENT MANAGEMENT DECISION PROCESS....AS THESE DEVELOPMENT PROJECTS ARE REVIEWD AND ANNOUNCED...

    PIM PUBLIC INVESTMENT MANAGEMENT WITH WB ASSISTANCEPUBLIC INVESTMENT MANAGEMENT DECISION PROCESS FRAMEWORK IN LINE WITH WORLD BANK ASSISTANCE BY END APRIL 2016


    Lorelai2012 says(7:31 PM):
    ? Is approval by the COM all that is required or does it have to go through Parliament?

    rcookie says(7:31 PM):
    CENTRAL PIM SET UP TO SCREEN PROJECTS BASED ON FEASIBILITY STUDIES AND DEVELOP & MANAGE IBP (INTEGRATED BANK OF PROJECTS) AS SUB STSTEM TO IDMS...

    AS IT STATES IN THE LOI THE IDMS IS ALREADY IN PLACE AND THEY LOOK TO ADD THE IBP AS A SUB SYSTEM...

    AND IM GOING TO SHOW YOU WAHY THIS IS SUCH A BIG DEAL...

    FEASIBILITY STUDIES FOR PROJECTS AND ELECTRONIC APPLICATION PROCESS WITH COMPLETE FUND DISBURSEMENT ACCOUNTABILITY AND OVERSIGHT...

    OK....SO AS WE SEE AND HEAR THE WHITE NOISE OF THE NEWS EVERYDAY...THE IRAQIS HAVE BEEN BUSY....

    IN THE DAILY RECAPS THERE IS A BUSINESS/INVESTMENT SECTION...


    Hutch says to rcookie(7:36 PM):
    THE NEWS EVERYDAY HAS JUST BEEN A WHIRLWIND !!!!
    SO MUCH ACTION !


    rcookie says(7:36 PM):
    THIS NEW PIM/IDMS/IBP MECHANISMS ARE MANAGING THESE.......

    rcookie says(7:37 PM):
    PROVINCIAL INVESTMENT AND DEVELOPMENT

    DHI QAR PRESENTS 36 INVESTMENT PROJECTS IN SHATRA PROVINCE TO ACTIVATE ROLE OF PRIVATE SECTOR...INVESTMENT CONFERENCE HELD IN SHATRA CULTURAL CENTER HALL..BROKEN DOWN 15 MUNIPLE PROJECTS..14 AGRICULTURAL & 5 INDUSTRIAL AND 1 TOURISM...

    SALAHUDDIN ANNOUCED 20 PROJECTS...WASTE RECYCLING...SOLAR ENERGY...SCHOOLS..BRIDGES

    BASRA DISCUSSES ALLIANCE OF REGIONAL 5 YEAR DEVELOPMENT PLAN WITH UN ALONG WITH MAYSAN/DIWANIYA/MUTHANNA PROVINCES...


    wmawhite says to rcookie(7:38 PM):
    I thought these people were slackers and never got anything accomplished????


    rcookie says(7:38 PM):
    BASRA PROVINCIAL FUND COMPRISED OF 500 BASRA COMPANIES TO BE NAMED UNITED BASRA COMPANY...TO BE LARGEST JOINT STOCK COMPANY IN THE PROVINCE STARTING WITH 100 BILLION DINARS EQUITY AND AS IT GROWS TO 250 BILLION WILL ESTABLISH ITS OWN BANK TO OVERSEE COMPANY TRANSACTIONS...AND IS SAID TO BE IN ADVANCED STAGE...AND READY FOR IPO LAUNCH....AND OPEN TO PEOPLE OF BASRA...WE READ ABOUT THIS EARLIER IN YEAR...AND IS NOT ALIGNED WITH A SPECIFIC INDUSTRY SECTOR (OIL),,,BUT DIVERSITY OF SECTORS...TOURISM,.CONSTRUCTION..BUILDING...

    DIWANIYAH MOU WITH SPANISH COMPANY INVIMA FOR INDUSTRIAL & ELECTRICAL PROJECTS AND PROVINCE INVESTMENT OPPORTUNITIES MINERALS/HOUSING/ELECTRICITY/OIL/SECURITY...

    KARBALA GOV TURAIHI IN DISCUSSIONS WITH FRENCH OFFICIAL MARK BARETTI TRADE & INVESTMENT COOPERATION IN THE PROVINCE..

    BAGHDAD SEC OF AGENCY CHAIRED BY AMINA ALONG WITH MUNICIPALITY & TECHNICAL AFFAIRS AND GENERAL MANAGERS AND SPECIALISTS IN REVIEW OF 1ST STAGE OF INVESTMENT MAP IDENTIFY 33 INVESTMENTS OPPORTUNITIES IN ALLSECTORS SERVICING BASIC BAGHDAD NEEDS TO BE ANNOUNCED IN COMING CONFERENCE AND WILL OPERATE UNDER A “SINGLE WINDOW” FOR 1ST TIME TO REDUCE TIME FOR INFRASTRUCTURE PROJECTS AND WILL INCLUDE PROVISIONS FOR THE INVESTOR TO PARTNER WITH IRAQ THROUGH NEW AMENDED INVESTMENT LAW NO 13 2006 APPLICATION PROCESS WITH CV & FEASIBILITY STUDY WITH OVERRUN GUARANTEES AND BACKED BY CBI..

    AND FOLKS YOU CAN CHECK FOR YOURSELVES....THIS IS ALL ANNOUNCED SINCE JUNE 1ST!!!!!!


    jimplants says(7:40 PM):
    great that says ACTIVATE

    wmawhite says to rcookie(7:40 PM):
    People need to understand that this company; United basra Company is the result of huge foreign investment money.....outside investors,........they are coming to Iraq.


    rcookie says(7:41 PM):
    GREAT POINT...AND WHERE DO I SIGN...


    Hutch says to rcookie(7:41 PM):
    ITS LIKE THEY ARE MOVING AT WARP SPEED !


    rcookie says(7:41 PM):
    AND THIS IS A NATIONAL DEVELOPMENT PLAN

    IRAQ NATIONAL INVESTMENT & DEVELOPMENT

    MINISTRY OF CONSTRUCTION HOUSING & MUNICIPALITIES ANNOUNCE THE COMPLETION OF 51 PUBLIC DESIGN PROJECTS IN ADVANCEMENT OF STATE INFRASTRUCTURE IN PAST YEAR AND MOVEMENT FROM PLANNING TO PHYSICAL REALITY STAGE....

    AND THIS COUNTRY HAS WITHIN LAST WEEK SPELLED OUT THEIR ECONOMIC REFORM GOALS FOR US...

    IRAQ ECONOMIC REFORM GOALS...

    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...

    AND IN THAT LIST THEY TARGET TO HAVE 10 EXPORT PRODUCTS THIS YEAR....ANYONE KNOW OF ANY THEY HAVE AGAINST THEIR STATED GOAL...


    wmawhite says to rcookie(7:45 PM):
    Interesting............."LEGALIZING FOREIGN CURRENCY DISPLAY AND REDUCE BY 10%"


    rcookie says to wmawhite(7:46 PM):
    YES....AND AUCTION REFERENCE?......

    rcookie says(7:47 PM):
    ANYONE KNOW OF ANY EXPORTS THESE SLACKERS HAVE ALREADY ACHIEVED...


    Hutch says to rcookie(7:47 PM):
    YES


    jimplants says(7:47 PM):
    wheat

    rcookie says(7:47 PM):
    BINGO..AND


    daytrader says to rcookie(7:47 PM):
    Wheat, dates, and not sure on concrete

    wmawhite says to rcookie(7:48 PM):
    dates.......natural gas................


    Hutch says to rcookie(7:48 PM):
    NATURAL GAS


    rcookie says(7:48 PM):
    CONCRETE BINGO


    jimplants says(7:48 PM):
    dates natural gas

    rcookie says(7:48 PM):
    BOTH CONDENSATE...3RD SHIPMENT AND LIQUID GAS...



    chasting says(7:48 PM):
    sand

    rcookie says(7:49 PM):
    SULPHUR

    PHOSPHATES...


    jimplants says(7:49 PM):
    vegetable oil[

    rcookie says to jimplants(7:49 PM):
    BINGO VEG OIL 2ND LARGEST PLANT ON THE PLANET

    Hutch says(7:50 PM):
    DANG !! JIM YOURE ON A ROLL !


    rcookie says to jimplants(7:50 PM):
    THEY WILL BE THE 2ND LARGEST PHOSPHATE EXPOTER BEHIND MORROCCO


    rcookie says to jimplants(7:50 PM):
    SO I COUNT 7 OF THEIR GOAL OF 10........


    jimplants says(7:51 PM):
    no one mentioned oil

    cjquade54 says(7:51 PM):
    ?

    rcookie says to jimplants(7:51 PM):
    AND THE ANNOUNCEMENT LAST WEEK OF ALL THE MINERALS IN KURD REGION...WOW!!..

    Hutch says to cjquade54(7:51 PM):
    GO


    cjquade54 says(7:51 PM):
    are these private companies exporting or state?

    rcookie says to cjquade54(7:52 PM):
    GREAT QUESTION!....

    rcookie says to cjquade54(7:53 PM):
    THEY ARE A COMBINATION AS THEY PRIVATIZE AND RESTRUCTURE THE 192 SOES IN THE COUNTRY...


    daytrader says(7:53 PM):
    ?

    cjquade54 says(7:53 PM):
    ty

    david334 says(7:54 PM):
    ?

    rcookie says to cjquade54(7:54 PM):
    SOME THEY DEEM AS NOR PROFITABLE HAVE BEEN CLOSED ALL TOGETHER...SOME THEY WILL CONTINUE TO OPERATE AFTER MODERNIZATION AND WORK WITHIN PRIVATE SECTOR


    Hutch says to daytrader(7:54 PM):
    GO


    rcookie says to cjquade54(7:54 PM):
    AND OTHERS WILL BE PARTNERSHIPS BETWEEN PRIVATE SECTOR AND STATE..


    mrjazzman66 says(7:55 PM):
    ?

    Hutch says to daytrader(7:55 PM):
    GO


    daytrader says(7:55 PM):
    Will these exports be enough to meet MOU/LOI targets for non-oil revenues?

    Spike says(7:56 PM):
    ?

    subgirl says to Hutch(7:57 PM):
    ?

    rcookie says to cjquade54(7:57 PM):
    YES THE MAIN GOAL CHALLENGE FOR NON OIL REVENUES WAS 2010 CUSTOMS AND TARIFFS AND THE REASON WHY THERE WAS NEVER A DOUBT OF THEIR IMPLEMENTATION DESPITE SOME DOUBTERS...THEY ARE MANDATED ALO IN THE 2016 BUDGET...


    Hutch says to david334(7:58 PM):
    GO


    david334 says(7:58 PM):
    rcookie last night u mentioned the CBI halted trading in a bank stock I think due a stock issue or something to do with a hifgher capital ratio. Is this an indusrty restructuring ?

    daytrader says to rcookie(7:58 PM):
    Thanks

    david334 says(7:58 PM):
    Or the begin of regulatory oversight ISX and banks

    david334 says(7:59 PM):
    example I meant

    rcookie says to david334(7:59 PM):
    NO ITS ANOTHER THING THAT HAS UST FIGERPRINTS ALL OVER IT....CBI REQUIRES MIN CAP REQUIREMENT OF BANKS $250 BILLION...


    pizzaman says(8:00 PM):
    dollars or dinars?

    rcookie says to david334(8:00 PM):
    THANK BANK ALTHOUGH HAS INCREASED FROM 45 TO 100 STILL DIDNT MEET 250 MINIMUM....AND THERES A NEW SHERIFF IN TOWN!!!!!

    rcookie says to david334(8:00 PM):
    DINARS


    david334 says(8:00 PM):
    Okay sounds logical thats great:)Thx

    Hutch says to rcookie(8:00 PM):
    Spike: Do you think the timing will allow for early investment in ISX?


    Hutch says to subgirl(8:01 PM):
    YOURE NEXT


    subgirl says to rcookie(8:01 PM):
    what does SOES mean? :) THEY ARE A COMBINATION AS THEY PRIVATIZE AND RESTRUCTURE THE 192 SOES IN THE COUNTRY...

    chasting says(8:01 PM):
    ?

    Hutch says to subgirl(8:01 PM):
    STATE OWNED ENTERPRISES


    Spike says(8:01 PM):
    will revalue allow for early IPO tie ins

    subgirl says to rcookie(8:01 PM):
    thank you hutch :)

    rcookie says to Spike(8:01 PM):
    SORRY I WAS ON THE PHONE WITH MY ISX BROKER


    Hutch says to rcookie(8:02 PM):
    WAIT A MINUTE !!!


    jimplants says(8:02 PM):
    i want his numbe

    rcookie says to Spike(8:02 PM):
    STATE OWNED ENTERPRISES...

    I SEE THE ISX AS ONE OF HUTCHES DRAGSTERS AT THE STARTING LINE!!!!

    WITH IAS IN PLACE...INT'L PLATFORMS TESTED AND READY AND NOW INSURANCE READY...


    david334 says(8:04 PM):
    ?

    Hutch says to david334(8:04 PM):
    GO


    david334 says(8:05 PM):
    That manager was up huge but lost money on the S IQR exchange rate.
    Dollar

    Can not borrow dinars ?I guess as hedge

    Hutch says(8:07 PM):
    ANY OTHER QUESTIONS OR COMMENTS BEFORE WE MOVE ON?


    chasting says(8:07 PM):
    ?

    Hutch says to chasting(8:07 PM):
    GO


    chasting says(8:07 PM):
    I read in mid May that ISX was to relist Warka, heard anything on that movement?

    Hutch says to rcookie(8:08 PM):
    [8:07 PM] chasting: I read in mid May that ISX was to relist Warka, heard anything on that movement?


    maine says(8:09 PM):
    i was just doing a preliminary research on that firm/ there have been some allegations against them

    rcookie says(8:09 PM):
    I READ THE SAME THING...AND I HAVE NOT....BUT THE WARKS CHAIRMAN RECEIVED THE LARGEST FINE AND PRISON TERM OF THE BANKERS THUS FAR...


    chasting says(8:09 PM):
    ty

    strkrfan13 says(8:10 PM):
    do you recommend buying Al Taif Money Transfer Co (TMT) stock?

    with the recent article: Al Taif Group, Iraq signs up with Covalent

    rcookie says(8:11 PM):
    OK ALL...WHAT GREAT QUESTIONS AND CONVERSATIONS


    Hutch says(8:11 PM):
    OK, THAT WRAPS IT UP FOR TONIGHT. WE WOULD ALL LIKE TO THANK YOU ALL FOR PARTICIPATION

    Last edited by magnetlady; 06-07-2016 at 04:47 AM.



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