NEWSTIME WITH RCOOKIE and MR. WHITE Thursday, September 1, 2016
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    NEWSTIME WITH RCOOKIE and MR. WHITE Thursday, September 1, 2016


    hutch says(6:38 PM):
    OK LETS GET STARTED WITH TODAYS NEWS !


    subgirl says to daytrader(6:38 PM):
    oh my goodness!!

    daytrader says to jimplants(6:39 PM):
    Got about 30 already there. Been waiting that long for this!!

    subgirl says(6:39 PM):
    PLEASE BE NICE TO OUR COPIERS AND MODS DURING NEWSTIME AND PLEASE WORK WITH US TO KEEP OUR QUESTIONS AND COMMENTS IN AN AREA OF WHEN WE ASK FOR QUESTIONS OR COMMENTS. ITS REALLY TOUGH ON THE COPIERS WHEN IT IS SCATTERED AND ALSO REQUIRES MORE TIME TO COLOR AND PRODUCE. IT IS ALSO HARD FOR OTHERS TO READ AT A LATER DATE. SO AGAIN PLEASE BE NICE TO THEM AND LETS KEEP THE COPY IN ORDER. THANK YOU FOR YOUR UNDERSTANDING!

    THIS IS NOT AN OPEN CHAT SESSION, IT IS NEWSTIME AND THE FOLLOWING RULES WILL BE USED. VIOLATORS MAY BE KICKED FOR 15 MINUTES. NOT FOLLOWING THE RULES IS DISRUPTIVE AND INTERUPTS THE THOUGHT PROCESS OF ALL ATTENDING NEWSTIME THAT ARE TRYING TO ASSIMILATE THE NEWS.

    PLEASE NOTE :
    NEWSTIME RULES APPLY : PLEASE REMEMBER TO PUT UP A ? WHEN ASKING A QUESTION AND THEN WAIT FOR A RESPONSE (PLEASE HAVE YOUR QUESTION READY) OR RESPOND WHEN AN “ANY COMMENTS” IS PUT UP. PLEASE BE RESPECTFUL ! IT MAKES THE COPIERS JOB EASIER. THANKS !!


    hutch says(6:40 PM):
    THANK YOU SUBBY !!!! WELCOME TO NEWSTIME !!!!!!


    subgirl says(6:40 PM):
    YW


    magnetlady says(6:40 PM):
    Hey Hutch Good Evening

    hutch says(6:40 PM):
    SUBBY WOULD YOU HONOR US WITH A PRAYER TO GET US KICKED OFF CORRECTLY?


    hutch says(6:40 PM):
    HI MS MAGS


    subgirl says(6:40 PM):
    Dear Heavenly Father, we come to you today this Thursday to seek your Wisdom as we look into this investment. Lord, we pray your blessing come upon us in the very near time. Lord, we ask that you would just come and give Hutch/Rcookie/Mr White the clarity of mind as they present to us the news from Iraq. Lord open our hearts to what you want us to hear and understand. And Lord we ask for the fires of the West Coast to just stop as it Is very bad there. Continue to help the people of Louisiana as they clean up after the flooding and for those who are in the path of the Hurricane.. Please be near to all these people Lord. And as we think of our family here in this site Lord, we pray for those with financial issues Lord to be able to pay the bills and such, And for those who are sick and with cancer, Lord to heal them COMPLETLEY! Lord we thank you for this time now to look into Iraq. In Jesus Precious Name, AMEN! And AMEN!!


    magnetlady says(6:43 PM):
    Thank you subgirl

    magnetlady says(6:43 PM):
    Thanks DIGI

    magnetlady says(6:43 PM):
    Thanks Hutch.

    hutch says(6:43 PM):

    THANKS FOR THAT BEAUTIFUL PRAYER AS ALWAYS SUBBY !!
    THANKS MS MAGS FOR COPYING AND COLORING FOR US !!!

    hutch says(6:44 PM):
    AND A SPECIAL THANKS TO ALL OF OUR COPIERS THAT WORK SO HARD ... DAY IN AND DAY OUT !

    LETS GET GOING !


    HERE ARE THE RECAPS OF TODAYS NEWS

    TONIGHT…..WE ARE GOING TO BRING IN THE NEWS, MAKE SOME COMMENTS AND THEN DO A OPEN Q&A ! HERE WE GO !!!!!

    hutch says(6:45 PM):
    FIRST CATEGORY

    PARLIAMENT

    PARLIAMENT INTEGRITY COMMISSION INTENDS TO QUESTION PM ABADI AND FM JAAFARI AFTER EID HOLIDAY…

    REFORM PARTY MP BAAJA ASSERTS ZEBARI VOTE OF WITHDRAWL OF CONFIDENCE WILL TAKE PLACE NEXT TUESDAY…

    KURDISTAN DEMOCRATIC PARTY ASSERTING TREMENDOUS PRSSURE TO PREVENT SAKING OF MOF ZEBARI…

    PARL ECONOMIC COMMISSION ASSERTSBORDER CROSSING LAW WILL INCREASE IMPORT REVENUES BY TRANSFERRING BORDER POINT OVERSIGHT & ENFORCEMENT TO PROVINCIAL AUTHORITY..

    PARLIAMENT MEMBER SAADI ASSERTS PARLIAMENT EFFORTS NEED TO BE DIRECTED AT REFORMS INSTEAD OF CONFLICTS & BICKERING CREATING BOTTLENECKS…

    ECONOMIST & BANKING EXPERT NASIRI CALLS FOR IMMEDIATE IMPLEMENTATION OF SUPREME COUCIL FOR PRIVATE SECTOR FOLLOWING THE SUCCESS TEMPLATE OF THRIVIN NEIGHBORING COUNTRIES INVOLVED IN ECONOMIC POLICY & ACTION DECISION MAKING IN AGRICULTURE, ENERGY, INDUSTRY & TOURISM AS PART OF DIVERSIFYING 2017 BUDGET REVENUES IN LINE WITH IMF MANDATES,…

    PARLIAMENTARY FINANCE MINISTER HOSSAM ANNOUNCE INTENTION TO REDUCE 2017 BUDGET EXPENDITURES TO ABOUT 80 TRILLION IQD IN LINE WITHY IMF LOI EXPENDITURE REFORMS

    PARL LEGAL AL-SADOUN ASSERTS AMNESTY LAW WILL BRING RELIEF TO 2017 BUDGET AS RELEASE OF PRISONERS PROVIDE RELIEF FROM STATE REVENUES TO SUPPORT PRISON POPULACE…

    MASUD RATIFIES AMNESTY LAW AS A PRELUDE TO ITS APPLICATION AFTER AMENDMENT TO ARTICLE VIII…

    KURD MP CHENKALI ASSERTS THAT ZEBARI CHANCES OF SURVIVAL STILL STRONG DUE TO SUPPORT FROM NATIONAL LED BY ALLAWI AND MASS CITIZEN SUPPORT…

    ABADI RECEIVES CHAIRMAN OF INTEGRITY AND FINAL APPROVAL REITERATES CALL TO RESIGN ACCEPTED JULY 4TH…

    NEXT CATEGORY

    SECURITY

    UNAMI ANNOUNCES THE DEATH OF 691 IRAQIS IN THE MONTH OF AUGUST…

    JABOURI VISITS TURKEY AND MEETS WITH ERDOGAN TO DISCUSS POST MOSUL LIBERATION STRATEGIES FOR SECURITY AND DISPLACED…

    CANDIDATES FOR MOD POSITION NARROWED FROM 11 TO 3 AND WILL BE ANNOINCED AFTER EID HOLIDAY…

    PENTAGON STATES ISIS ABOUT TO LOSE ITS POSITION & PRESENCE ON TURKISH BORDER…

    ISF JOINT COMMAND REPORT THE KILLING OF DOZENS ISIS ELEMENTS IN WESTERN QAYYARAH IN SOUTHERN MOSUL OPERATIONS…

    FRANCE ANNOUNCES CARRYING OUT 344 SORTIES IN LAST 2 MONTHS…


    NEXT CATEGORY

    GENERAL

    ZEBARI CLAIMS DOCUMENTS HE POSSESSES SHOW EVIDENCE OF FORGED PAPERS FOR TRANSFER OF 6.5 BILLION DOLLARS OIUTSIDE OF IRAQ AND IMPLICATE STATE OF LAW MP HAMMAD AL-MOUSSAWI AFTER PROSECUTORS DEMAND IDENTITY…

    ZEBARI DECLARES STATE OF LAW EFFORTS TO OVERTHROW GOVERNMENT…

    ABADI AND ALLAWI MEET TO DISCUSS MOSUL LIBERATION OPERATION AND CARE FOR DISPLACED…

    ABADI CONFIRMS BARZANI STATEMENT OF AGREEMENT BETWEEN ERBIL & BAGHDAD CONCERNING MOSUL LIBERATION OPERATIONS AND FINANCIAL ISSUES…

    BARZANI DECLARES GRATITUDE FOR THE WARM WELCOME AND SPIRIT OF PRODUCTIVITY & SATISFACTION AT RECENT BAGHDAD MEETINGS WITH ABADI…

    INTEGRITY ANNOUNCE FOILING 3 SEPARATE SCHEMES ATTEMPTS TO STEAL MORE THAN 44 BILLION IQD FROM RAFIDAIN BANK…

    E-COMMERCE COMPLAINT WINDOW OPENS TO HANDLE PROCESSING ISSUES & COMPLAINTS WITH 3 DAY TURN AROUND TIME BY MINISTRY OF TRADE…

    EUROPEAN UNION WELCOMES ADOPTION OF AMNESTY LAW AND DEBAATH…

    SECRETARY GENERAL OF RED CRESCENT SENTENCED FOR IMPROPER CONTRACT ISSUANCE IRREGULARITIES OF $220,000…

    NEW US AMBASSADOR DOULGLAS SELMAN ARRIVES IN BAGHDAD TO BEGIN ACTIVITIES IN NEW ROLE…

    INTERIOR ANNOUNCES PLAN FOR CREATION OF SPECIAL ISIS PRISONS FOR FEMALES…

    ABADI CALLS ON INTERIOR MINISTRY TO DEVELOP METHODS OF COMBATING CORRUPTION AND ALLEVIATE SUFFERING OF CITIZENS…

    ABADI OFFICE ANNOUNCE THE GOV’T HAS ACHIEVED 76% OF LAWS PRESENTED THROUGH COM…

    ABADI DENIES HE FILED LAWSUIT AGAINST FATLAWI AND VICE CONFIRM GENESIS WAS FROM JUDICIARY…

    NEXT CATEGORY

    BUSINESS/ECONOMY/INVESTMENT

    OIL AT $48.01 WITH DOLLAR STRENGTH..
    GOLD AT 216,000 IQD TO THE WEIGHT…

    SOMO ANNOUNCES OIL EXPORTS FROM SOUTH PORTS AT 3.23 MILLION BPD (98+ MILLION BARRELS) IN AUGUST…

    MINISTRY OF TRADE ANNOUNCE SIGNING OF CONTRACT WITH IRAN FOR IMPORT OF CONSTRUCTION MATERIALS…

    BASRA GAS COMPANY ANNOUNCES THE THIRD SHIPMENT OF 1.6 TONS LNG FOR EXPORT…

    MINISTRY OF TRANSPORT ASSERTS IMPORTANCE OF BASRA AS INTEGRAL AIR CORRIDOR STRATEGICALLY BRIDGING 3 CONTINENTS OF ASIA, EUROPE & AFRICA…

    MASSUD ISSUES DECREE RATIFYING AMNESTY LAW PRIOR TO AMENDING ARTICLE VII KIDNAPPING & TERRORISM CLAUSES AND SENDING TO HOUSE..

    KRG MEETS WITH DELEGATES FROM KOICA (KOREAN INTERNATIONAL COOPERATION AGENCY) & KOREAN INSTITUTE FOR INT’L ECONOMIC POLICY, AND POLITICAL AFFAIRS, IMPORT-EXPORT BANK DIRECTOR AND GOV’T OFFICIALS TO DISCUSS BUSINESS & INVESTMENT NEEDS FOR PROMITING INVESTMENT OPPORTUNITIES IN KURDISTAN REGION…

    DIWANIYAH GOVERNATE HASNAWI ANNOUNCES DANISH COMPANY SOLENRGI DANIMARK DESIRE TO EXPLORE INVESTMENT PROJECTS SPECIALIZING IN HOUSING, CONSTRUCTION OIL, ELECTRICITY, MINERALS AND ENERGY & PROVINCE INTEREST TO FACILITATE SERVICE, AGRICULTURE AND INDUSTRY SECTORS…

    WB CONDUCTS WORKSHOP FOR RECONSTRUCTION & DEVELOPMENT PROJECTS FOR SALLAHUDDIN & DIYALA ACTING IN CAPACITY OF DIRECT LENDING AGENT WITH PROVINCES AWAY FROM CENTRAL…

    HERE ARE A COUPLE ARTICLES THAT WE WILL DISCUSS

    Parliamentary Finance: no intention to repeal Article 14 of the Convention on the International Monetary Fund

    August 31, 2016

    Economy News / special parliamentary finance committee confirmed that it has no intention to abolish Article 14 of the International Monetary Fund agreement signed with Iraq on the granting of loans, while confirming that the past parliament to vote on all articles and paragraphs Convention.

    Committee Chairman Mohammed Halbusi in an interview for "Economy News," there was no intention by the Finance Committee or Parliament in general to stop or cancel Any of the Iraqi articles of the Convention with the IMF on loans, stressing that all the materials pour the interests of Iraq and the parliament's past vote on them.

    He added that the international loan will save Iraq from a lot of economic and financial problems that affected the monetary reserves and the general economic situation in the country.

    The Prime Minister's Advisor appearance of Mohammed Saleh, has asked parliament to suspend or stop the Article 14 of the International Monetary Fund agreement with Iraq ", saying that Iraq is required to terminate this paragraph being negatively affect the banking sector and the economy of the country and so far there is no real movement by the Parliament and the World Bank Central to stop this Article.

    " It is said that Article / 14 / of the International Monetary Fund Agreement gives freedom to the countries of the exit of the Iraqi capital and without restrictions and that will lead to the escape of most of the capital under the pretext of trade goods that do not match with the Iraqi specifications and with the amount of hard currency emerging (in the opinion of experts in economic affairs). AJ
    LINK

    Read More :http://www.dinarupdates.com/showthre...on-on-IMF-8-31

    http://www.dinarupdates.com/showthre...on-on-IMF-8-31


    rcookie says to magnetlady(7:00 PM):
    GOOD EVENING MISS MAGS!!....


    hutch says(7:00 PM):
    GOOD EVENING RCOOKIE AND MR WHITE, CARE TO COMMENT ON THIS NEWS ARTICLE?


    rcookie says(7:01 PM):
    OH.......YEAH!!

    " It is said that Article / 14 / of the International Monetary Fund Agreement gives freedom to the countries of the exit of the Iraqi capital and without restrictions and that will lead to the escape of most of the capital under the pretext of trade goods that do not match with the Iraqi specifications and with the amount of hard currency emerging (in the opinion of experts in economic affairs). AJ

    THERE IS ABSOLUTELY NO WAY...NO HOW EVER THAT WAS GOING TO HAPPEN...


    hutch says(7:04 PM):
    THERE WERE SOME THAT PROBABLY MISREAD THE ARTICLE INITIALLY


    rcookie says(7:05 PM):
    THEY SAT DOWN IN MAY WITH IMF IN JORDAN AND HAMMERED OUT ALL THE MINUTIA OF SBA CRITERIA.....AND SIGNED OFF ON.....THEN THEY RECEIVED THEIR 1ST 2016 INSTALLMENT OF $639 MILLION...

    DO YOU THINK THAT THE IMF IS GOING TO SAY....OH YOU WANT TO CHANGE SOMETHINGS AROUND....NO PROBLEM.....AND WHAT YOU WANT TO CHANGE AROUND ...OH IT WILL CREATE AN EXCHANGE RESTRICTION...NO PROBLEM......NOT!!!!!!!!!!!!!!!!!!


    IcemanAKASnake says(7:06 PM):
    ????

    hutch says to IcemanAKASnake(7:06 PM):
    GO


    IcemanAKASnake says(7:07 PM):
    the exit of the countries ???

    countries of the exit I mean ???

    no comprende'

    cricket22 says(7:08 PM):
    ???

    hutch says to cricket22(7:08 PM):
    HANG ON PLEASE


    rcookie says(7:08 PM):
    IRAQI CAPITAL EXIT..

    gives freedom to the countries of the exit of the Iraqi capital and without restrictions


    IcemanAKASnake says(7:09 PM):
    who is exiting

    rcookie says(7:10 PM):
    COUNTRIES TAKING IRAQI CAPITAL OUTSIDE OF IRAQ....


    hutch says to cricket22(7:11 PM):
    GO


    cricket22 says(7:11 PM):
    Did the HCL really pass today??

    rcookie says(7:11 PM):
    NO


    hutch says to cricket22(7:11 PM):
    NO


    IcemanAKASnake says(7:11 PM):
    OH...capital as in $$ ??

    cricket22 says(7:11 PM):
    Oh ok..thanks

    IcemanAKASnake says(7:11 PM):
    lol..thank you

    hutch says to cricket22(7:12 PM):
    ANY OTHER QUESTIONS OR COMMENTS BEFORE WE MOVE ON ?


    david334 says(7:12 PM):
    ?

    rcookie says to cricket22(7:12 PM):
    CRICKET....THERE WERE DISCUSSIONS ON OIL AGREEMENT BETWEEN BAGHDAD & ERBIL AT TUESDAYS MEETING BETWEEN BARZANI ABADI & JABOURI ...FOR PURPOSES OF THE 2017 BUDGET...


    slh5282 says(7:13 PM):
    good evening everyone

    hutch says to david334(7:13 PM):
    GO


    david334 says(7:13 PM):
    free flow of investment capital

    cricket22 says to hutch(7:13 PM):
    No hun.. I am good, thanks

    rcookie says to cricket22(7:14 PM):
    WE WENT OVER ON CALL AS FAR AS THE AGREEMENT TOWARDS 150,00 PUMPING THROUGH CEYHAN PIPELIN INTO TURKEY AGAIN...AND THE KURDS HETTING THEIR 17% IF HALF THAT PRODUCTION SENT THROUGH CENTRAL...


    cricket22 says to rcookie(7:14 PM):
    Ok, thanks!

    rcookie says to cricket22(7:15 PM):
    THE HCL 140 REQUIRES A CENSUS BEING COMPLETED WHICH IS A WAYS OFF CONSIDERING 5 MILLION DISPLACED AND LEVEL OF DESTRUCTION..

    ALSO...THE KURDS ARE POSTURING FOR MOSUL AND OTHER TERRITORIES...


    hutch says(7:17 PM):
    COMMENTS MR WHITE ?


    david334 says(7:17 PM):
    ?

    hutch says to david334(7:17 PM):
    GO


    david334 says(7:17 PM):
    Revaluation has to b=have HCL in [place?

    rcookie says to cricket22(7:18 PM):
    DAVID= ADAM MONTANA.......


    hutch says to david334(7:18 PM):
    ONLY IF YOU ASK ADAM MONTANA


    david334 says(7:18 PM):
    Thats a low blow. The HCL is not a law its a n aggreement

    wmawhite says to david334(7:19 PM):
    rcookie went over then items used to determine the value of a currency............I do not remember anything on the list about an HCL.


    david334 says(7:19 PM):
    Okay but I did not get that from hana Montana

    rcookie says to david334(7:19 PM):
    YES CALLED DETRMINANTS...


    david334 says to rcookie(7:20 PM):
    11 physical asst not in top 20

    wmawhite says(7:21 PM):
    the HCL is an internal issue to Iraq and Kurdistan and pertains to oil revenues.

    It is a budget issue.


    hutch says(7:22 PM):
    OK LETS MOVE ON TO THE NEXT NEWS ARTICLE ....
    8/28/2016 0:00

    BAGHDAD - Al- Sabah

    stressed banking expert Samir Abbas high compactness proportion of the total money supply among the citizens and the impact on the business market requires activating the role of the Iraq Stock Exchange in investment and supporting the national economy to attract.

    To support the role of the stock market in the economy Abbas suggested in an interview for the "morning" do feasibility studies by the joint - stock companies to increase their capital to the uses of those increases and give a clear opinion in connection with it to the Securities Commission and the Central Bank of Iraq before approving increases in the capital.

    He also called for the development of monitoring and follow - up and evaluation system for the performance of the contribution and determine the kinks and negligence and violation of law firms the regulations in force, stressing the importance of the contribution to provide disclosure of monthly, quarterly and annual that transparency and corporate reports provide annual financial results in a period not exceeding 60 days of fiscal year end.

    For the purpose of activating the role of the Iraq Stock Exchange in attracting foreign investment Abbas also suggested the establishment of the Deposit Insurance Corporation and speed up the enactment of the legislation in order to protect public deposits and encourage them to go to the banks and to benefit from the services they provide, and to achieve the central objective to raise the savings ratio to calculate the proportion of compactness and address the lack of liquidity in banks and its impact on the cash market trading.
    http://www.dinarupdates.com/showthre...036#post160036

    He said Abbas importance of promoting and activating the central bank initiative to lend to banks for financing small and medium enterprises to achieve economic and social goal, as well as the banks and the Iraqi market for securities to benefit from the launch of the central bank 's government bond interest rate of 8 percent for a period of two years for the purpose of reimburse contractors and ensure prepared to give them banking facilities of all kinds of bonds by banks as well as to encourage citizens to acquire in order to withdraw liquidity for internal cash trading.

    He influenced Iraq Stock Exchange greatly influenced by the conditions experienced by the country since 2014 because of falling global oil prices, and the costs of the war on terrorism, and other economic accumulations led to the decline in the growth rate in GDP (0.5 percent) and high unemployment rates to 50 percent and poverty to 25 percent and inflation to 2 percent fall in the savings rate of the Central Bank of Iraq to the extent of 20 percent.


    hutch says(7:24 PM):
    RCOOKIE ... MR WHITE, CARE TO COMMENT ?


    rcookie says to david334(7:24 PM):
    SO....ABBAS STATING THAT DUE TO COMPACTNESS LEVEL OF MONEY SUPPLY IN MARKET AND IMPACT ON THEIR BUSINESS MARKET REQUIRES.....ACTIVATING THE IRAQ STOCK EXCHANGE...........IN ATTRACTING INVESTMENT AND SUPPORT OF THE NATIONAL ECONOMY....

    TO SUPPORT THE ISX ROLE...TO DO FEASIBILITY STUDIES BY THE JOINT STOCK COMPANIES TO INCREASE CAPITALIZATION AND THE USES OF THEIR INCREASES AND RELAY INFORMATION TO SEC AND CBI BEFORE APPROVING CAPITAIZATION INCREASES.....

    CALLING FOR INCREASED MONITORING AND FOLLOW UP....AND A SYSTEM FOR PERFORMANCE EVALUATION FOR TO OUTLINE THE KINKS IN THE SYSTEM AND REGULATORY VIOLATIONS THROUGH DISCLOSURE OF TRANSPARENT MONTHLY AND QUARTERLY & ANNUALCORPORATE REPORTS WITH FISCAL RESULTS WITHIN 60 DAYS OF END OF FISCAL YEAR...

    TOWARD ACTIVATING THE ISX AND ATTRACTING FOREIGN INVESTMENT...HE ALSO ASSERTS THE NEED TO SPEED UP ESTABLISHING THE DEPOSIT INSURANCE CORPORATION AND ENACTMENT OF LAWS TO PROTECT PUBLIC DEPOSITS AND ENCOURAGE CITIZENS TO UTILIZE BANKS AND THE SERVICES THEY PROVIDE AS A MEANS OF RAISING THE SAVINGS RATIO IN CLCULATING COMPACTNESS AND ADDRESS LIQUIDITY CRISIS IN BANKS AND CASH IN MARKETPLACE....

    LASTLY...PROMOTING CBI TO ACTIVATE CBI INITIATIVE TO LEND TO BANKS FOR FINANCING SME'S TOWARD ECONOMIC & SOCIAL GOALS...BANKS, ISX, AND LAUNCH OF CBI BOND INTEREST RATE OF 8% FOR 2 YEARS...AND SAYS THE ISX NOT LAUNCHING DRIVEN BY CONDITIONS EXPERIENCED SINCE 2014....

    rcookie says(7:29 PM):
    SO LAUNCH THAT PUPPY !!!!....SAYS ABBAS....AND THE MONEY SUPPLY COMPACTNESS LEVEL!!


    hutch says(7:29 PM):
    CUT HER LOOSE !!!!


    jimplants says(7:29 PM):
    LAUNCH UM!!!

    hutch says(7:30 PM):
    ANY QUESTIONS OR COMMENTS SO FAR ?


    david334 says to wmawhite(7:31 PM):
    ?

    hutch says to david334(7:32 PM):
    GO


    david334 says to hutch(7:32 PM):
    8% internal rate should help the currency as well ?

    wmawhite says to david334(7:33 PM):
    The value of the currency is relative to its value outside of Iraq.

    wmawhite says to david334(7:33 PM):
    The 8% will hopefully help the banks and in return help the CBI.


    david334 says to hutch(7:34 PM):
    thx

    wmawhite says to david334(7:34 PM):
    I will pay you 8% if you give me (the bank) you money today to use.

    wmawhite says to david334(7:34 PM):
    your*


    rcookie says(7:34 PM):
    ABSORB...ABSORB...ABSORB..


    wmawhite says(7:34 PM):
    fimished


    hutch says(7:35 PM):
    ANY OTHER COMMENTS RCOOKIE OR MR WHITE BEFORE WE OPEN UP AN OPEN Q&A?


    wmawhite says to rcookie(7:35 PM):
    yep


    david334 says to hutch(7:35 PM):
    The US $ would rise if the fed tighten no

    rcookie says(7:35 PM):
    GOT 1 OTHER ...


    wmawhite says(7:35 PM):
    no


    rcookie says(7:35 PM):
    Alnasiri: calling on the government to establish the Supreme Council for the private sector

    The member of the Forum of Baghdad Advisory Council Economic Government to establish the Supreme Council for the private and pointed to the Gaza told Economy News that the main pillars of economic reform is to give an active role for the private sector in the process economic management and activation session of the Economic through involvement in economic decision-making in areas that stimulate productive sectors in agriculture, industry, energy and tourism to diversify its 2017 budget resources

    and reduce dependence on oil ratio as a major supplier of the budget, according to government estimates of the allocations planned for the oil revenues and non-oil revenues in the budget and Hmaattalb of the government to take quick action this year of the founding of (the Supreme Council for the private sector) and consists of heads unions, organizations and associations and links representing the private sector and effective and influential in achieving the partnership with the public sector in achieving the axis (III) of the government program (to encourage the shift to the private sector)

    and materials branching than in agriculture, industry and banking, in part, finance and investment and to be among the members of the council of representatives from the central bank and the Ministry of finance and planning, industry, agriculture, electricity and body Alasttmarrosoq Iraq Stock Exchange and the Association of Iraqi private banks and representatives of financial committees and the economy

    and invest in the House of representatives of the Council and is linked to the Secretariat-general of the Council of Ministers and concentrated main task of the Council in the central supervision of Cun support and funding, investment and operation of the projects that contribute to the diversification of administration non-oil budget resources with the knowledge that the experience of such a council has been successful in some countries that have moved to the productive economy and girl national economy by relying on the private sector.


    LINK

    Read More :http://www.dinarupdates.com/showthre...ate-sector-9-1


    wmawhite says to david334(7:35 PM):
    Exactly........


    jeffjane says to hutch(7:36 PM):
    ?

    wmawhite says to david334(7:36 PM):
    Too much supply lowers the value.


    hutch says to jeffjane(7:36 PM):
    HANG ON

    hutch says(7:37 PM):
    COMMENTS ON THIS ARTICLE MR WHITE OR RCOOKIE?


    wmawhite says(7:37 PM):
    no


    rcookie says(7:37 PM):
    OUR BOY NASIRI SPEAKING OUT AGAIN...THIS TIME ABOUT FORMATION OF SUPREME COUCIL FOR PRIVATE SECTOR...

    rcookie says(7:38 PM):
    ECONOMIST & BANKING EXPERT NASIRI CALLS FOR IMMEDIATE IMPLEMENTATION OF SUPREME COUCIL FOR PRIVATE SECTOR FOLLOWING THE SUCCESS TEMPLATE OF THRIVIN NEIGHBORING COUNTRIES INVOLVED IN ECONOMIC POLICY & ACTION DECISION MAKING IN AGRICULTURE, ENERGY, INDUSTRY & TOURISM AS PART OF DIVERSIFYING 2017 BUDGET REVENUES IN LINE WITH IMF MANDATES,...

    rcookie says(7:41 PM):
    agriculture, industry and banking, in part, finance and investment and to be among the members of the council of representatives from the central bank and the Ministry of finance and planning, industry, agriculture, electricity and body Alasttmarrosoq Iraq Stock Exchange and the Association of Iraqi private banks and representatives of financial committees and the economy

    rcookie says(7:41 PM):
    THATS WHO WILL COMPRISE THIS PRIVATE SECTOR COMMITTEE..


    hutch says(7:41 PM):
    WOW !


    wmawhite says to rcookie(7:42 PM):
    Sounds like one of those currency commmittees that the IMF descripes.

    wmawhite says to rcookie(7:43 PM):
    describes


    IcemanAKASnake says to rcookie(7:43 PM):
    ???

    rcookie says(7:43 PM):
    YES...IT DOES..

    rcookie says(7:43 PM):
    ALRIGHT DU...LETS BRING THE ???????'S


    hutch says(7:44 PM):
    OK LETS MOVE INTO A OPEN Q&A….. BRING THEM ON !


    jimplants says(7:44 PM):
    WHEN

    hutch says to IcemanAKASnake(7:44 PM):
    GO


    IcemanAKASnake says to rcookie(7:44 PM):
    What type of controls or duties would they enact/handle ?

    rcookie says to IcemanAKASnake(7:45 PM):
    ANY AND EVERYTHING THAT WILL SUPOORT & FACILITATE PRIVATE SECTOR INVESTMENT...


    IcemanAKASnake says to rcookie(7:45 PM):
    THX

    jeffjane says to hutch(7:45 PM):
    Is that a way to pull in notes? meaning the 8%? Wish the US gave me 8% to get my money.

    1bobby says(7:46 PM):
    ?

    hutch says to 1bobby(7:46 PM):
    HANG ON ONE SEC PLEASE


    rcookie says to IcemanAKASnake(7:46 PM):
    AND LIKE WE WENT OVER LAST WEEK IN CALL....USING THE EGYPTIAN TEMPLATE OF FOREIGN INVESTMENT SERVICES COMPLEX...WHERE THEY ARE PUTTING THESE RESOURCES AND ASSETS UNDER 1 ROOF ....TO SIMPLIFY AND STREAMLINE TTHE WHOLE PROCESS..


    IcemanAKASnake says to rcookie(7:47 PM):
    THX again..

    hutch says(7:48 PM):
    jjon HUTCH: Is that a way to pull in notes? meaning the 8%? Wish the US gave me 8% to get my money.


    bubbles says(7:48 PM):
    ?

    hutch says to bubbles(7:49 PM):
    HANG ON PLEASE


    hutch says to 1bobby(7:49 PM):
    GO


    1bobby says(7:49 PM):
    What or how big of a percentage does the Investment Law play in getting the private sector off the ground

    rcookie says to IcemanAKASnake(7:49 PM):
    YES...AND USED AS MECHANISM TO INSTILL CONFIDENCE AND STABILITY TO BANKING SECTOR..

    rcookie says(7:50 PM):
    SORRY FOR JJON..

    rcookie says(7:50 PM):
    HEY 1 BOBBY!!


    jeffjane says to rcookie(7:50 PM):
    LOL. I feel like you do not care. KIDDING

    1bobby says(7:51 PM):
    Good evening to you and your team

    hutch says to jeffjane(7:51 PM):
    IF HE DIDNT.... HE WOULDNT BE HERE !

    hutch says to jeffjane(7:51 PM):
    KIDDING


    jeffjane says to hutch(7:51 PM):
    Good point

    hutch says to rcookie(7:52 PM):
    1bobby: What or how big of a percentage does the Investment Law play in getting the private sector off the ground


    rcookie says(7:53 PM):
    THE INVESTMENT LAW IS INTEGRAL IN ATTRACTING FOREIGN INVESTMENT AS OTHER LAWS...COMPANIES..CHAMBER OF COMMERCE.. LICENSING...AND THE ENTIRE BANKING...NATIONAL DEPOSIT INSURANCE...CBI AND FEDERAL BANKING LAW...AND JUST THINK ABOUT THE ACCESSABILITY OF ESSENTIAL SERVICES ELECTRIC ..WATER & SEWERAGE...


    hutch says to bubbles(7:53 PM):
    GO


    bubbles says(7:54 PM):
    The gas & oil and HCL are 2 different things right? Does eirther one have to be done? Sorry if you covered it I missed it having weather issues and keep getting kicked.

    1bobby says(7:54 PM):
    Thank you. Appreciate all the work everyone does on this site

    hutch says to 1bobby(7:55 PM):
    THANK YOU AS WELL BOBBY !!!!


    rcookie says to 1bobby(7:55 PM):
    RIGHT BACK AT YA 1BOBBY....YOU ARE A ROCKSTAR!!!


    hutch says(7:57 PM):
    WHILE WAITING FOR THAT ANSWER.... ANY OTHER QUESTIONS OR COMMENTS?


    rcookie says(8:01 PM):
    BUBBLES DID THAT HELP...


    bubbles says(8:02 PM):
    yes thank you

    rcookie says(8:03 PM):
    COME ON DU....BRING IT..


    hutch says(8:03 PM):
    ANY OTHER QUESTIONS.... BEFORE WE SAY GOODNIGHT?

    THANK YOU RCOOKIE AND MT WHITE FOR YOUR TIME AND EFFORTS ON A DAILY BASIS AND THANK YOU ALL FOR BEING HERE WITH US TONIGHT. HAVE A GREAT EVENING !


    jimplants says(8:05 PM):
    thank you folks for your time BE BLESSED

    rcookie says(8:05 PM):
    THANK YOU ALL FOR BEING AT NEWSTIME!!


    hutch says(8:05 PM):
    ALL YOURS MS MAGS !!!!


    IcemanAKASnake says(8:05 PM):
    THX YALL

    subgirl says to hutch(8:05 PM):
    Thank you Hutch for being the Moderator! and bringing in the news!!!

    kalis says(8:05 PM):
    darn just get here ...

    rcookie says(8:06 PM):
    THANK YOU MISS MAGS!!!!!......FOR EVERYTHING YOU DO!!!...


    zz says(8:06 PM):
    Thank you all for all you do!

    kalis says(8:06 PM):


    hutch says(8:06 PM):
    THANKS FOR YOUR HELP SUBBY ! DID YOUR AGENT GET YOUR CONTRACT SIGNED YET?


    subgirl says to kalis(8:06 PM):
    It will be in the forum shortly!!

    wmawhite says to bubbles(8:06 PM):
    IMO...........


    rcookie says(8:06 PM):
    GREAT QUESTIONS AND CONVERSATION...

    kalis says to subgirl(8:06 PM):
    you are the best .

    Carl_H says(8:06 PM):
    Thanks Guys & ladies of DU!!!!

    wmawhite says to bubbles(8:06 PM):
    both of those issues are revenue/budget issues.


    Charlie&Gracie says(8:06 PM):
    Thank you all for bringing us such good news ! Appreciate all of you very much !!

    subgirl says to kalis(8:07 PM):
    thank you

    wmawhite says to bubbles(8:07 PM):
    Not required in order for the CBI to set a new value to the IQD.


    subgirl says to hutch(8:07 PM):
    love that! lol

    rcookie says to Charlie&Gracie(8:07 PM):
    TY...RIGHT BACK AT YA CHARLIE!!


    bubbles says to wmawhite(8:07 PM):
    thank you

    wmawhite says to bubbles(8:08 PM):
    yw


    kalis says to subgirl(8:08 PM):
    i can wait until rvs so i can get wedys burger instead of the 49 cent at mcdonalds lol

    1bobby says to wmawhite(8:08 PM):
    Does the HCL also protect outside oil companies doing business in Iraq?

    kalis says to subgirl(8:09 PM):
    ??? is there a call tonight ?

    subgirl says to kalis(8:10 PM):
    no not tonight...

    wmawhite says to 1bobby(8:10 PM):
    the HCL was orginally between the Kurds and the GOI, excluding the oil complanies.


    kalis says to subgirl(8:10 PM):
    ok . good cause my phone is dead

    subgirl says to kalis(8:11 PM):
    aweee! well charge it!!! and listen to the call from last Tuesday night!

    wmawhite says to 1bobby(8:11 PM):
    it outlines who is recieving what (the GOI or Kurds).....which is still required to pay the oil companies.


    1bobby says to wmawhite(8:11 PM):
    Ok thanks. I thought it had provisions that provided a somewhat legal protection of said companies

    wmawhite says to 1bobby(8:11 PM):
    receiving*


    Last edited by magnetlady; 10-08-2016 at 12:55 AM.



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