Author Topic: [michigander0131] 11/21/2014  (Read 147 times)

Offline MikeH

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[michigander0131] 11/21/2014
« on: November 21, 2014, 05:52:00 PM »
[michigander0131] Iraqi economists network extends heartfelt congratulations and sincere congratulations to its member-founder, economic efficiency distinctive appearance of Dr. Mohammed Saleh on the occasion of economically-appointed adviser to Mr. Prime Minister. - Published in 11/20/2014 Proudly estimate appreciate the courageous decision last prime minister to Mr. Dr. Haider Abadi, the lifting of oppression and injustice from our colleague Dr appearance of Mohammed Saleh, deputy governor of the former central bank, and ask him to take another courageous decisions; and the first of a response given to our colleague Dr. Sinan Mohammed Rida Al-Shabibi and the closure of the criminal investigations of unfair right file Dr. rightly appearance, and the rest of affiliated to the Central Bank in the case of "corruption" fabricated against them.
[michigander0131] as their economy grows so will there currency
[michigander0131] Economic Commission raise the amounts of documentary credits in private banks November 19, 2014 21:11 Economic Commission (Independent) .. Committee on Economic Affairs in the Council of Ministers has decided to raise the ceiling on the amounts of documentary credits (4) four million dollars to ten (10) million dollars, which opens by private banks. The Committee considered at its fourth meeting, which was held under the chairmanship of Deputy Prime Minister for example, has typically Nuri Shaways Economic Committee that the support of private banks is the gateway to support the Iraqi private sector.
[Dianna] what is with the 3.58 that we are always hearing abut?
[michigander0131] What this means is that Iraq banks have increased their limit to guaranty payment for imports. So an Iraqi merchant/importer can go to the local bank, get a letter guaranteeing payment for the merchandise ordered and then send it to exporter somewhere in the world so they ship merchandise to Iraq. This looks like a measure to overcome the current crisis in Iraq.
[michigander0131] Najafi: the coming days will witness the meeting of the three presidencies 11/22/2014 0:00 Baghdad morning As confirmed by Vice President Osama Najafi Haider al-Abadi was confident the government and support towards achieving what is required of them, called the head of the Islamic Supreme Council of Iraq Ammar al-Hakim to create a road map and a set of baskets for legislation required laws. "confidence in the government of Haider al-Abadi and support towards achieving what is required them in the implementation of their obligations to the people "the international community in the waiting and anticipation of the evolution of the political process and its ability to fulfill its obligations to the Iraqi people." Najafi and revealed that "the coming days will witness the meeting of the three presidencies in order to support the reform process and to accelerate the achievement of what awaits the Iraqi citizen."
[michigander0131] Bank decides to cut commission selling the dollar at the auction 2 dinars 17/11/2014 Alsumaria News / Baghdad - decided the central bank, on Monday, reducing commission selling the dollar at the auction two dinars, adding that the goal is for the purpose of encouraging traders on the opening credits. The bank said in a statement received "Alsumaria News", a copy of which, "The Board of Directors decided to cut commission selling the dollar at the auction for the purposes of credits from 18 to 16 dinars. " The bank said that "the selling price will be 1182 dinars to the dollar instead of 1184 dinars to the dollar," noting that "the goal is for the purpose of encouraging traders on the opening credits."
[michigander0131] The IMF is pretty sticky when it comes to rules. They say 90 days and I would assume no less than 90 days. That being said they have held the dinar at 1209 or less for a month and 1202 or less for the past two weeks. That puts us at the end of January before they are in a position to exit to Article VIII. Which seems to fit with the timeline we are starting to see emerge.
[michigander0131] United Nations: political reforms in Iraq began : 06:44: 21/11/2014 Considered (Nikolay Mladenov) Representative of the Secretary General of the United Nations in Iraq, said that political reforms in Iraq have begun to resolve differences through with the Kurdistan region and the absorption of Sunni Arabs in the political process. He (Mladenov) in a television interview on Friday, "he follows the march of reforms in the new Iraqi government closely," pointing out that there are reforms in the armed forces file to the fight against corruption, as well as resolving differences between Baghdad and Erbil.
[michigander0131] Shammari calls for the adoption of the state departments of the local currency rather than in US dealings Wednesday, November 19th BAGHDAD / .. According to a member bloc independent MP d. Mohammed al-Shammari, Wednesday, that the global economic situation makes it imperative for everyone and the advancement of national vigor and the Iraqi economy He Shammari he unfortunately some state departments and institutions to contribute in that attack, which seeks to weaken our national economy and destroyed, several methods, including, dealing the American process, rather than the local currency, noting that, for example, Iraqi Airways does not accept cut airline tickets for a sum Iraqi dinar, but requires that the amount in US dollars. Shammari stressed the need to instruct government departments and institutions that deal in Iraqi dinars, to contribute to the lifting of its value against the US dollar, which assigns the Iraqi national economy. and added that " pathetic in this matter, we are the only country across the world decide which official institution where the official currency of non-recognition of the state! ".