wmawhite says(6:37 PM):
Folks,……let us review the subject of the Trade Bank of Iraq (TBI);


rcookie says(6:37 PM):
NOW YOUR TALKIN!!...


wmawhite says(6:37 PM):
The Trade Bank of Iraq was established in 2003 by the U.S. Administrator to Iraq Paul Bremer, originally to finance trade deals and replace the oil for food program. It is one of four special purpose banks established after the Second Gulf War.
During 2003, J. P. Morgan Chase was selected to operate the Trade Bank of Iraq, thus managing billions of dollars to finance the country’s imports and exports. J. P. Morgan led a group that includes 13 banks representing 13 countries.

wmawhite says(6:38 PM):
These bank were; the Australia and New Zealand Banking Group, Standard Chartered, National Bank of Kuwait, Bank Millennium, Bank of Tokyo-Mitsubishi, San Paolo IMI, Royal Bank of Canada, Crédit Lyonnais, Caja de Ahorros y Pensiones de Barcelona, Standard Bank Group, Akbank TAS and Banco Comercial Portugues.
Since 2003, these banks have been holding lines of credit for the TBI in order for the Government of Iraq to import the necessary goods to operate on.

wmawhite says(6:38 PM):
banks*

wmawhite says(6:38 PM):
Fast forward to this past week;

wmawhite says(6:39 PM):
Iraqi trade talks with Citibank to develop relations
– June 14, 2016
Iraqi trade talks with Citibank to develop relations
BAGHDAD - Qusay, Monzer

wmawhite says(6:39 PM):
Search Director General of the Trade Bank of Iraq, Faisal Sam Alheims with Conception Flannery, Managing Director of the Office of Citibank in Iraq examine how which will develop and strengthen banking relations and financial exchanges between Citibank and the Trade Bank of Iraq, as well as lifting the barriers that stand in the way of traffic and movement of money Iraqi around the world). He said a statement received (time) yesterday that (the meeting between the two sides is part of the bank's policy of developing relations with major international banks and financial institutions around the world and the recruitment and use these relations to serve the customers the bank and the provision of advanced banking services on a global level and to meet the development and reconstruction requirements the reconstruction of areas affected by the terrorist attacks).
http://www.azzaman.com/?p=166234


wmawhite says(6:39 PM):
Look at this again;
as well as lifting the barriers that stand in the way of traffic and movement of money Iraqi around the world).


wmawhite says(6:40 PM):
Let me straighten out the translation;
as well as lifting the barriers that stand in the way of the constant movement around the world of the Iraqi dinar.


wmawhite says(6:40 PM):
this is Citibank stating.................let's lift the barriers...........

wmawhite says(6:40 PM):
any questions so far?


david334 says(6:41 PM):
?


wmawhite says(6:41 PM):
si


david334 says(6:41 PM):
Was Citi in the orinal group


wmawhite says(6:41 PM):
No......they were not on that list I just showed.


david334 says to Hutch(6:42 PM):
thx


wmawhite says(6:42 PM):
These banks were; the Australia and New Zealand Banking Group, Standard Chartered, National Bank of Kuwait, Bank Millennium, Bank of Tokyo-Mitsubishi, San Paolo IMI, Royal Bank of Canada, Crédit Lyonnais, Caja de Ahorros y Pensiones de Barcelona, Standard Bank Group, Akbank TAS and Banco Comercial Portugues.


Hutch says(6:42 PM):
GREAT QUESTION.. ANY OTHER QUESTIONS OR COMMENTS ?


daytrader says(6:43 PM):
?


Idahojon says(6:43 PM):
But no us banks ?


wmawhite says to Idahojon(6:43 PM):
Yes there are.....look at the list.

wmawhite says to Idahojon(6:44 PM):
During 2003, J. P. Morgan Chase was selected to operate the Trade Bank of Iraq, thus managing billions of dollars to finance the country’s imports and exports. J. P. Morgan led a group that includes 13 banks representing 13 countries.


Idahojon says(6:44 PM):
Ah Millennium and Standard


wmawhite says to Idahojon(6:44 PM):
good question though


rcookie says to Idahojon(6:44 PM):
EXACTLY



daytrader says(6:46 PM):
?


Hutch says to daytrader(6:46 PM):
GO


daytrader says(6:46 PM):
The list is full of strong international banks. Why would it take an outsider to push the issue?


Hutch says to daytrader(6:46 PM):
GREAT ? LETS GIVE HIM A SEC


wmawhite says to daytrader(6:47 PM):
It may not be Citibank pushing.......it may be the TBI getting assistance from Citibank

wmawhite says to daytrader(6:47 PM):
good question


daytrader says(6:48 PM):
That makes sense. Couldn't have one of the owners pushing this.


wmawhite says(6:48 PM):
OK...very good........now we have the basic lay of the land.....................

wmawhite says(6:49 PM):
Now, let us again forward five days later to June 19, 2016;

wmawhite says(6:49 PM):
Bahrain's Ahli United Bank buys shares of TBI
Economy News / special 19/06/2016 - 18:12
Iraq Stock Exchange confirmed that Bahrain's Ahli United Bank bought the shares of Commercial Bank of Iraq.
The executive director of the market, Taha Ahmed Abdul Salam said in an interview for "Economy News", that according to the Iraqi Central Bank approval and the approval of the Securities Commission, began mediator AUB company - broker accredited to the Iraq Stock Exchange - the purchase of TBI shares in favor of the shareholder Bank Ahli United Bank of Bahrain.
Abdul Salam added that AUB Bahraini bank owns proportion (54.7%) of the shares of Commercial Bank, noting that the number of shares purchased amounting to 25 billion shares to become the rate after purchase (64.7%), adding that the purchase began as of the session 25 / 5/2016 and for a period not exceeding two months.
The number of shares bought during the sessions of 25/5 up to 31.5.2016 (3.273.625.999) shares representing the percentage (13.09%) of the total amount of stock required to be purchased (25) billion shares.
http://economy-news.net/content.php?id=3973

wmawhite says(6:50 PM):
Since 2003, other banks in the region have been buying shares into the TBI................

wmawhite says(6:50 PM):
and today.........

wmawhite says(6:50 PM):
This bank (Bahrain’s Ahli United Bank) that is located in Bahrain already owned the majority of shares of the Trade Bank of Iraq. Yet, they apparently believe there is an up-side/an advantage to increasing their control over the TBI. They increased their shares from 54.7% to 64.7%.

wmawhite says(6:51 PM):
Why??????????

wmawhite says(6:51 PM):
This move by Bahrain’s Ahli United Bank combined with what Citibank just stated a few days ago ought to have you thinking hmmmm…….otherwise you don’t have a pulse within your body.

wmawhite says(6:51 PM):
Folks, this is very interesting news and IMO is an indicator that Iraq’s neighbors are aware of major changes coming soon from within Iraq’s financial institutions.
I have always believed that Iraq’s neighbors have their fingers on the pulse of Iraq and that they will be the first to pounce on these opportunities being created by Iraq.


david334 says to wmawhite(6:51 PM):
?


wmawhite says(6:52 PM):
si

wmawhite says(6:52 PM):
that means yes


rcookie says to wmawhite(6:52 PM):
LOL


Hutch says to david334(6:52 PM):
GO


wmawhite says(6:52 PM):
that is via


david334 says to wmawhite(6:52 PM):
MerciHuge nr=ews from a very


wmawhite says(6:52 PM):
lol


david334 says to wmawhite(6:53 PM):
very sopj=histicated group


wmawhite says(6:53 PM):
si


rcookie says to wmawhite(6:53 PM):
COMMENT


Hutch says to rcookie(6:53 PM):
GO RC LOL



rcookie says to wmawhite(6:54 PM):
AND AS ANOTHER BACKDROP TO THIS STORY.....ISNT THE TBI THE BANK THAT WE JUST SAW RAISE THEIR CAPITAIZATION IN THE LAST FEW DAYS ALONG WITH MANY OTHERS...


david334 says to wmawhite(6:54 PM):
this is a very smart group so they must see huge business flows


wmawhite says to rcookie(6:54 PM):
YES.........and how much was that?


rcookie says to wmawhite(6:55 PM):
300%....FROM 500 BILLION TO 1.75 TRILLION....


wmawhite says to david334(6:55 PM):
I have always believed that Iraq’s neighbors have their fingers on the pulse of Iraq and that they will be the first to pounce on these opportunities being created by Iraq.

wmawhite says(6:56 PM):
folks,....this is happening right in front of us......there are no secrets to this.....they are announcing to the world as this is happening.


david334 says to wmawhite(6:56 PM):
Bahrain controls the biard and Citi grets some crumbs

david334 says to wmawhite(6:56 PM):
board

wmawhite says to david334(6:57 PM):
Bahrain has controlling interest of the stock............there are still the board.....but, yes, IMO the west will get the crumbs.

wmawhite says to rcookie(6:58 PM):
Are you ready?

wmawhite says(6:58 PM):
any other questions?


rcookie says to wmawhite(6:58 PM):
BU THE TELLING POINT THERE IS THEY ALREADY MAINTAINED CONTROLING INTEREST...


loop says(6:58 PM):
Comment


Hutch says(6:59 PM):
LOOP GO


oldmechanic says(6:59 PM):
?


Hutch says to oldmechanic(6:59 PM):
HANG ON ONE SEC PLEASE


loop says(6:59 PM):
Banks are in the business of making money. Whenever a bank increases it's holding or position it is because they see an opportunity.


wmawhite says to loop(7:00 PM):
EXACTLY!!!!


wmawhite says to loop(7:00 PM):
They think they see an opportunity coming.

wmawhite says to Hutch(7:00 PM):
next


Hutch says to oldmechanic(7:01 PM):
GO


oldmechanic says(7:01 PM):
kinda like buy low sell high?


loop says(7:01 PM):
Citi is one of the major player (market movers) in the Forex. They are going to make a killing when Iraq comes online. IMO that is why they are doing this.


wmawhite says to oldmechanic(7:01 PM):
You got it!!!!


rcookie says to loop(7:01 PM):
GREAT POINT LOOP!...AND WHEN YOU SEE UPSWING IN CAPITALIZATION THERE IS AN INHERENT EXPECTATION OF VALUATION INCREASE...


wmawhite says(7:02 PM):
Coffee time for me...........

loop says to wmawhite(7:02 PM):
exactly. $$$$$


rcookie says to loop(7:02 PM):
THANK YOU SO MUCH MR WHITE!!....WOW!!...GREAT NEWS AND AWESOME TIE INS!!...


Hutch says(7:03 PM):
THANK YOU SO MUCH MR WHITE FOR THAT BREAKDOWN AND THANKS FOR KEEPING US WITH WHAT WE KNOW


loop says to wmawhite(7:03 PM):
THanks you Mr White


Hutch says(7:03 PM):
WHATS NEXT FOR US RCOOKIE?


rcookie says to loop(7:03 PM):
LOOPSTER......WHAT DO YOU HAVE ON THE INCREDIBLE NEWS FROM TODAY....


loop says(7:04 PM):
I thought this article is yet another example of just how seriously they are working on their economic reforms and monitoring programs.

loop says(7:04 PM):
Securities trading 11 joint-stock company for "lack of commitment to change its" stop



Author: AR, HH
Editor: AR, HH

06.20.2016 13:20

Long-Presse / Baghdad
Securities Commission decided on Monday to suspend the contribution of seven companies from trading for "failing to comply with the instructions of financial disclosure," while stopped four companies for "changing the activity of the fiscal conversion into an Islamic bank."

The Securities Commission said in a statement received (range Press) copy of it, "the Commission decided to suspend trading in shares of companies (Iraqi Date Processing and Marketing, transport petroleum products, Bank of the economy, the electronic industries, the Iraqi seed production, modern paint industries, Almahj financial convertible ) for failing to comply with instructions and corporate financial disclosure. "

And it called on the Commission, companies in hot areas to "provide disclosure by the Chairman of the Board of Directors for the overall situation for the company to be returned to circulation of a (modern construction materials, household furniture industry, construction materials Fallujah, Mosul, to the cities of games)."

The agency said it "decided to suspend trading in shares of companies (Iraqi financial transfer, the trustee of the financial transfer, United Arab financial convertible, Sama Baghdad fiscal transfer) after the registrar of companies endorsement of the decision of the General Authority for companies to change the activity of the company from Mali convert into an Islamic bank after the issuance of capital increase. "

Source

http://www.dinarupdates.com/showthre...-its-quot-stop

loop says(7:05 PM):
the Commission decided to suspend trading in shares of companies (Iraqi Date Processing and Marketing, transport petroleum products, Bank of the economy, the electronic industries, the Iraqi seed production, modern paint industries, Almahj financial convertible ) for failing to comply with instructions and corporate financial disclosure. "

loop says(7:05 PM):
This level of oversight is great to see.


rcookie says to loop(7:05 PM):
THIS WAS A GREAT REPORT LOOP...


Hutch says(7:05 PM):
WOW LOOP YES IT IS


loop says(7:06 PM):
And this is one of many that are happening almost every day now.


rcookie says to loop(7:06 PM):
IT COINCIDES WITH THE OTHER REGULATION AND OVERSIGHT...


loop says to rcookie(7:06 PM):
Exactly


david334 says to loop(7:07 PM):
?


loop says to rcookie(7:07 PM):
It shows just how seriously they are working on cleaning house.


rcookie says to loop(7:07 PM):
THE SECURITIES COMMISSION HALTING TRADING ON COMPANIES DUE TO FINANCIAL DISCLOSURE REPORTING VIOLATIONS.....THIS ALONG WITH ANOTHER BANK AFTER TRUSTEE FINANCIAL TRANSFER AND INCREASING ITS CAPITALIZATION TO CONVERT REGISTRY TO ISLAMIC BANK...


Hutch says to david334(7:07 PM):
HOLD ONE SEC PLEASE


loop says to david334(7:07 PM):
yes


david334 says to loop(7:07 PM):
Has the SEC always regulatory control ir recent dev


loop says to david334(7:08 PM):
I cannot speak to that. I know that this is the first time that I've seen an artcle about them doing it.


rcookie says to loop(7:09 PM):
THIS IS A TEXTBOOK EXAMPLE OF STARTING TO APPLY IAS INERNATIONAL ACCOUNTING STANDARDS...AND IFRS INTERNATIONAL FINANCIAL REPRTING STANDARDS WHICH DEAL WITH THE TIMELY TRANSPARENT REPORTING OF FINANCIAL DATA REPORTING FOR PUBLICLY TRADED COMPANIES........

rcookie says to loop(7:10 PM):
AND REMEMBER BEEN APPLICABLE SINCE JANUARY 7TH....



wmawhite says to rcookie(7:10 PM):
excellent point


loop says to rcookie(7:10 PM):
Everything transparent and above board. Nothing to hide. Major improvement.


jimplants says(7:10 PM):
comment


Hutch says to jimplants(7:11 PM):
GO


jimplants says(7:11 PM):
massive statements and action saying here we come


rcookie says to loop(7:11 PM):
YES....AND RUNNING PARALLEL WITH THE EXPECTATIONS OF TIMELY..ACURATE TARNSPARENT FINANCIAL & ECONOMIC DATE THE INT'L AGENCIES ARE EXPECTING FOM IRAQ....WB...IMF...WTO...

loop says to jimplants(7:12 PM):
THat's my take as well Jim.


rcookie says to jimplants(7:12 PM):
GREAT POINT JIM...AGREED..


jimplants says(7:12 PM):
not just statements but ACTION


loop says(7:13 PM):
I have one more article to bring if it is alright?


rcookie says to jimplants(7:14 PM):
ABSOLUTELY LOOPSTER!!


loop says(7:14 PM):
Saleh: The government plans to take measures to ensure activation of the overall development



Last update: Monday , June 20, 2016 - 10:29

Baghdad, Alaa al-Tai stressed economic adviser to the prime minister the government's intention to hold an administrative changes commensurate with its reformist and take a series of measures designed to give effect to the overall development process and economic reform and to improve banking supervision level to fight corruption and money laundering in addition to the activation of tax policy and collection of fees and work in state-owned companies adjust .

He D.mzar Mohammed Saleh in an interview with «morning»: The government is seeking to conduct a comprehensive management changes according to its reformist and the requirements phase includes adjusting work in government institutions and conduct an audit of government officials bloated to eliminate the phenomenon of granting the salaries of employees do not perform any work or paid the salaries of more than a governmental entity.

Saleh added: It will be activated decisions and laws that serve the process of economic reform and development, which contribute to the improvement of banking supervision level to fight corruption and money laundering phenomenon and to work towards building a sober and healthy banking sector.

He also explained that the procedures will include the activation of an appropriate tax policy and the adoption of the necessary measures to obtain the fees for various services provided by the government and the tax would be settling accounts including senior officials, and includes provisions nominal salary and by deducting up to 7-15 percent by allowances they receive.

He continued: There is a general trend by the executive aims to revitalize economic sectors and development in order to get rid of the single funding and diversify non-oil imports and get the economy moving and to involve the private sector in construction and reconstruction process, stressing the country's need to generate administrative power commensurate with the size of the requirements phase to maximize funding and stimulate the market to cross the critical economic situation the country is going through due to various challenges, most notably the drop in global oil prices.

And on the granting of loans to citizens mechanisms Saleh called on banks departments all the way to comply with the instructions issued by the Central Bank on granting citizens loans and show flexibility in instruction application and reduce the bureaucratic way that a win-win for both sides, stressing that there are two types of loans, the first small and medium loans and grants to individuals, graduates and employers small and the second major loan projects, a service and industrial and housing projects.

It is worth noting that the government requested support for its budget from the international community after the collapse of the oil market over the past two years has caused a lack of revenue, and coincided with the exposure Iraq to attack fierce terrorism and what was caused by a large ruined infrastructure and the size of the human exodus from the hot spots, it all led to inflation expenses and rising budget deficit the size of what led to the activation of the decisions that contribute to reducing spending and taking austerity measures and seek to reduce reliance on oil imports and stimulate industrial and agricultural sectors and to involve the private sector.

Source

http://www.dinarupdates.com/showthread.php?36019-Saleh-GOI-plans-to-take-measures-to-ensure-activation-of-the-overall-development


rcookie says(7:15 PM):
WOW LOOP!!...


loop says(7:15 PM):
Saleh added: It will be activated decisions and laws that serve the process of economic reform and development, which contribute to the improvement of banking supervision level to fight corruption and money laundering phenomenon and to work towards building a sober and healthy banking sector.


Hutch says(7:15 PM):
I LIKE IT WHEN SALEH TALKS


loop says(7:15 PM):
More oversight and compliance.


rcookie says(7:16 PM):
WITHOUT HESITATION OR RESERVATION!!!.....

rcookie says(7:16 PM):
AND ACTIVATION OF THE ECONOMIC REFORM LEGISLATION.....


loop says(7:16 PM):
Making it easier for the citizens to get loans.

loop says(7:17 PM):
which increases liquidity.


rcookie says(7:17 PM):
REMEMBER...WE ARE LOOKING FOR PUBLIC FINANCIAL MGMT LAW....BANKING LAW AMENDMENTS...CBI LAW AMENDMENTS...


loop says(7:17 PM):
which is the lube for the economic engine.


wmawhite says(7:18 PM):
Question for the room.


rcookie says(7:18 PM):
GREAT POINT LOOP PRIVATE SECTOR LUBE!!


Hutch says to wmawhite(7:19 PM):
GO AHEAD MR WHITE


wmawhite says(7:19 PM):
Who does Dr. Saleh speak for?


rcookie says(7:19 PM):
THE 3 AMIGOS.....


wmawhite says(7:19 PM):
When we see Dr. Saleh speak......who is he really speaking for?



loop says(7:19 PM):
Manny, Moe and Jack


daytrader says(7:20 PM):
Abadi


wmawhite says(7:20 PM):
Exactly.......................


rcookie says(7:20 PM):
COME ON DU....


wmawhite says(7:20 PM):
as well as another person from a few years ago.......


daytrader says(7:20 PM):
Shabs

SRW says(7:20 PM):
Shabibi

mainegirl says(7:20 PM):
Dr Shabs!


wmawhite says(7:20 PM):
Folks,............if you only knew................


rcookie says(7:20 PM):
WOOO HOOO!!..


Nomad says(7:20 PM):
?


wmawhite says(7:21 PM):
this is on a road that was drawn years ago.


Hutch says to Nomad(7:21 PM):
HANG ON ONE SEC


wmawhite says(7:21 PM):
I am finished


Hutch says to wmawhite(7:21 PM):
THANK YOU AND A PERFECT TIE IN

Hutch says to oldmechanic(7:21 PM):
GO


oldmechanic says(7:21 PM):
the 3 presidents, pm, speaker, and president?


david334 says to rcookie(7:21 PM):
Thank you Mr White


Hutch says to Nomad(7:22 PM):
GO


Nomad says(7:22 PM):
WHEN ARE THE PARLIMENT "VOTERS" GOING TO SHOW BACK UP?


rcookie says(7:22 PM):
THE FEDERAL COURT HEARING ON THE APRIL SESSION LAWSUIT IS SLATED FOR 28TH...

rcookie says(7:23 PM):
BUT AN URGENT SESSION CAN BE CALLED AT ANY TIME..


Hutch says(7:23 PM):
ALL GREAT QUESTIONS AND COMMENTS..... ANY OTHERS BEFORE WE MOVE ON?


daytrader says(7:23 PM):
Comment

david334 says to rcookie(7:23 PM):
?


Hutch says to daytrader(7:24 PM):
GO


daytrader says(7:24 PM):
IMO everything Saleh said was directed at dramatically increasing the velocity of money and its impact.


Hutch says to david334(7:24 PM):
HOLD PLEASE

Hutch says to rcookie(7:24 PM):
THERES THAT WORD VELOCITY


rcookie says(7:24 PM):
COMPLETELY AGREE!!..

rcookie says to Hutch(7:25 PM):
YES SIR..


Hutch says to david334(7:25 PM):
GO


BUCK says(7:25 PM):
???


Nomad says(7:25 PM):
COMMENT

david334 says to rcookie(7:25 PM):
That will be the final word from an appeal standpoint and render the


Hutch says to BUCK(7:25 PM):
HANG ON

Hutch says to Nomad(7:25 PM):
HOLD PLEASE

Hutch says to BUCK(7:26 PM):
GO


BUCK says(7:26 PM):
does the decision on the 28th really effect what is needed from parliament for the global economic progress to continue??


Hutch says to BUCK(7:26 PM):
GREAT QUESTION


rcookie says to Hutch(7:27 PM):
YES....THE EXPERT PANEL HAS BEEN REPLACED AND SWORN IN BY COM...AND REQUESTED TO SEE THE ROOMS WHERE THE SESSIONS IN QUESTION OCCURE PRIOR TO LOOKING AT VIDEO AND ELECTRONIC EVIDENCE

rcookie says(7:28 PM):
A RETURN TO PARL IS NECESSARY TO VOTE ON THE LAWS AND INITIATIVES CUED UP AND AWAITING....THE MOST IMPORTANT SHORT TERM IS TO VOTE ON 2016 BUDGET LAW SO THE SBA LOAN MONEY IS ACCESSED AND DISBURSED...


Hutch says to Nomad(7:29 PM):
GO


Nomad says(7:29 PM):
SALEH SPEAKS TO THE PEOPLE, FOR THE PEOPLE WITH ABIDA'S BLESSING


Hutch says to Nomad(7:29 PM):
EXCELLENT POINT


horsegal says(7:29 PM):
?


Hutch says to horsegal(7:29 PM):
GO


horsegal says(7:30 PM):
Do you think they can get all the laws needed passed in one session?


rcookie says(7:30 PM):
YES AND REMEMBER THE RELATIONSHIP BETWEEN SALEH...SHABIBI AND ABADI...


watson1 says(7:30 PM):
?


rcookie says(7:31 PM):
SALEH WAS THE DEPUTY CBI GOVERNOR UNDER SHABIBI AND BECAME GOV WHEN SHABS FLED AND ABADI WAS HEAD OF ECONOMIC INVESTMENT COMMITTEE OF FINANCE COMMITTEE WORKING WITH THEM BOTH...


Hutch says to rcookie(7:32 PM):
horsegal: Do you think they can get all the laws needed passed in one session?


rcookie says to horsegal(7:32 PM):
YES...I DO ONCE THEY GET BACK..


Hutch says to watson1(7:32 PM):
GO

rcookie says to horsegal(7:32 PM):
THEY ARE CUED AND WAITING..


Hutch says to watson1(7:33 PM):
WATSON !!!!!!! WHERE ARE YOU ?????


Hutch says(7:34 PM):
OK...... WHATS NEXT FOR US RCOOKIE?


loop says to rcookie(7:34 PM):
So 2/3 of the 3 Amigos are still actively working the plan that was created years ago. That is dedication.


rcookie says to loop(7:35 PM):
EXACTLY!!..


horsegal says(7:35 PM):
Woohoo RC


rcookie says(7:35 PM):
OK THIS IS A LONG ONE

rcookie says(7:37 PM):
SO JABOURI DELIVERING SPEECH AFTER ANNOUNCING SECURITY SUCCESSES...OUTLINES IMPORTANCE OF ROLE OF PRIVATE BANKS IN NATIONAL ECONOMY...

rcookie says(7:37 PM):
THINK ABOUT THIS ALONG LINES OF RECENT NEWS IN PRIVATE BANKING SECTOR....RAISING OF CAPITALIZATION...CONTINUED MONITORING OF UST AND INT’L AGENCIES ON CORRUPTION AND FRAUD ASSESSMENT AND REVIEW OF AUCTION PRACTICES...CONTINUED IMPLEMENTATION OF AML/CFT ENFORCEMENT AND WORLD STANDARD TRAINING OF EXPERTS TO IMPLEMENT PRACTICES...CONTINUED IMPLEMENTATION OF TECHNOLGY INSTRUMENTS TO KEEP IRAQ AT CUTTING EDGE GLOBAL STANDARDS...CONTINUED COOPERATON AND PARTICIPATION WITH WB & IMF IN METAC WORKSHOPS AND TECHNICAL ASSISTANCE...

rcookie says(7:38 PM):
JABOURI OUTLINES THAT THEY ARE WORKING CLOSELY TO MONITOR PROBLEMS BETWEEN PRIVATE BANKS AND GOVT AS WELL AS FINANCE MINISTRY TO REMOVE MARKET FRAGMENTATION TO MAKE MORE FLEXIBLE AND APPLICABLE AND POINTS TO IMPORTANCE OF CBI MAINTAINING RESERVES AT 20 TRILLION AND AVOIDING ECONOMIC COLLAPSE AND ENSURE DEVELOPMENT BASE SECURITY AND SOCIAL STABILITY...

rcookie says(7:38 PM):
ALAK STATES THAT THE IMPLEMENTATION OF CBI ENFORCEMENT AND PARTICIPATION IN STRICT AML/CFT ACTIONS AND POLICIES HAS TAKEN IRAQ INTO A NEW ERA OF DEALING WITH GLOBAL BANKING..HE NOTES THE EFFORTS AS THE 1ST IN IRAQS HISTORY OF OFFERING 6 TRILLION IN VARIOUS SUPPORT PROJECTS THAT GIVE DIRECT ATTENTION TO BUSINESS AND JOB CREATION TO ADDRESS UNEMPLOYMENT AND ACHIEVE SUSTAINABLE DEVELOPMENT...

rcookie says(7:40 PM):
SO AMIDST THE PRIDE SWELLING ANNOUNCEMENTS OF MILITARY AND SECURITY SUCCESSES ...THEY ARE TAKING TIME TO LAUD THE TREMENDOUS ECONOMIC..BANKING AND FINANCIAL PROGRESS AND REFORMS NECESSARY TO GET THEM TO THE FINISH LINE!!!!!!


wmawhite says to rcookie(7:40 PM):
HAS TAKEN IRAQ INTO A NEW ERA OF DEALING WITH GLOBAL BANKING.

wmawhite says to rcookie(7:41 PM):
HAS TAKEN IRAQ INTO A NEW ERA OF DEALING WITH GLOBAL BANKING.


Hutch says(7:41 PM):
ANY QUESTIONS OR COMMENTS?


loop says(7:41 PM):
HAS TAKEN IRAQ INTO A NEW ERA OF DEALING WITH GLOBAL BANKING.


wmawhite says to rcookie(7:41 PM):
How about........Iraq will enter the economy markets when????

wmawhite says to rcookie(7:41 PM):
Now!!!

wmawhite says to rcookie(7:41 PM):
They have.......


loop says to wmawhite(7:42 PM):
exactly



rcookie says(7:42 PM):
YES SIR....NEED TO GET THOSE BASRA PROJECTS CRANKIN!!..



wmawhite says(7:42 PM):
SOMEBODY GO TELL DR. CLARK TO FIND A REAL LIFE SOMEWHERE OTHER THAN HERE........


Nomad says(7:43 PM):
WELL ALRIGHTY THAN!!!


rcookie says to wmawhite(7:43 PM):
?'S


loop says to wmawhite(7:43 PM):
LOL



Hutch says(7:43 PM):
ANY QUESTIONS OR COMMENTS ?


Nomad says(7:44 PM):
?


wmawhite says(7:44 PM):
Great job, rcookie


Hutch says to Nomad(7:44 PM):
GO


rcookie says to wmawhite(7:44 PM):
GOT 1 MORE


Nomad says(7:44 PM):
SO, WE ARE THERE.....?


rcookie says to Nomad(7:44 PM):
THE LINE STARTS BEHIND YOU NOMAD....


Hutch says(7:45 PM):
OK RCOOKIE DONT YOU HAVE ANOTHER PEICE OF GREAT NEWS?


Nomad says(7:45 PM):
WAIT A MOMENT, I JUST PASSED OUT....LOL


rcookie says to Nomad(7:46 PM):
THEIR PROGRESS AND STATUS IS ASTONISHING...AND NOT GETTING THAT GENIE BACK IN THE BOTTLE..


Hutch says(7:47 PM):
I THREW THE CORK AWAY !!!


rcookie says(7:47 PM):
THINK ABOUT THIS LAST ONE AS WE LEARNED OF ALL THE EMPHASIS BEHIND BASRA DEVELOPMENTAL PUSH

rcookie says(7:48 PM):
THEY ARE RECEIVING 80% OF DEVELOPMENTAL BUDGET UPON 2016 BUDGET LAW REWRITE...DID YOU ALL HEAR THAT ..80%!!!


daytrader says(7:48 PM):
Wow!!!


rcookie says(7:49 PM):
THEY ARE ALSO GETTING FIRST PRIORITY TO PROVINCIAL ELECTRICITY GRID DELIVERY.....


dale says(7:49 PM):
Wow


rcookie says(7:49 PM):
THINK THEY HAVE A PLAN FOR BASRA...THAT IS NOT GOING TO BE STOPPED...

rcookie says(7:50 PM):
LINK

rcookie says(7:50 PM):
SO...HERE THE IDENTIFICATION OF INTERNATIONAL EXHIBITIONS PROVIDING A LLINK TO IRAQI INVESTMENT OPPORTUNITIES TO THE WORLD...

rcookie says(7:50 PM):
THESE EXGIBITIONS ARE HELD THROUGHOUT THE PROVINCES DURING THE YEAR...AND INVOLVE ALL SECTORS..

rcookie says(7:51 PM):
THE RAMADAN FESTIVAL OPENS NEXT WEEK AND RUNS FROM JUNE 26TH TO JULY 10TH..AT THE BAGHDAD INTERNATIONAL FAIR...AND FOCUSES ON REGIONAL AND INTERNATIONAL INVESTMENT ONLY...

rcookie says(7:51 PM):
THEY TALK ABOUT CREATING THE ENVIRONMENT FOR PUBLIC & PRIVATE SECTOR PARTNERSHIP AND GATEWAY TO IRAQS NEW AVERSION TO ATTRACT INTERNATIONAL CAPITAL.......


jimplants says(7:52 PM):
Basra is a world bank project a 24/7 money making machine the call it the GATEWAY TO THE NEW SILK ROAD THATS THE WORLD BANKS WORDS


Hutch says(7:53 PM):
GREAT COMMENT ANY OTHER COMMENTS OR QUESTIONS ?


rcookie says to jimplants(7:53 PM):
GREAT POINT JIM...AND AS WE SEE BEING GIVEN PRIORITY STATUS FOR ASSET ACCESS TO LAUNCH THIS PUPPY!!


Hutch says(7:53 PM):
DONT BE SHY !


jimplants says(7:53 PM):
WORLD BANK HAS A NEW OFFICE COMPLEX SET UP THERE THEY HAVE A SPECIL LISCENSE TAG FOR DUTY FREE STATUS


Nomad says(7:54 PM):
I think anything with Basra in the name will be Very Big!


jimplants says(7:54 PM):
PRIVITE SECURITY


rcookie says to jimplants(7:54 PM):
WOW!!...VERY NICE..


Hutch says(7:55 PM):

WHAT AN EXCITING NEWSTIME !!!! SO MUCH GREAT NEWS!!!!!
THANK YOU RCOOKIE, LOOP AND MR WHITE FOR A GREAT NEWSTIME AND THANK YOU ALL FOR PARTICIPATING !
THANK YOU SHEILA FOR COPYING AND COLORING AND THE PRAYER !! THANKS SUBBY FOR THE HELP
HAVE A GREAT EVENING EVERYONE !!!! GOOD NIGHT EVERYONE !!!


rcookie says(7:56 PM):
THANK YOU EVERYONE FOR THE TREMENDOUS QUESTIONS AND CONVERSATION IN NEWSTIME...