Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: OK TONIGHT I AM GOING TO SHOW FIRST WHAT THE MEANING IS BEHIND THE FIRST REPORT — SO A LITTLE INFO ON MACRO ECONOMICS
Millionday: NOTE — THIS DESCRIBES WHAT THE RULES ARE FOR BANKING WITHIN REQUIREMENTS AND COMPLIANCE
Millionday: When a customer makes a deposit into his account at a bank, this creates a liability for the bank. A liability describes the bank’s obligations, or what it owes to others. In other words, the bank is liable for the amount of the deposit. On the other side of the coin, the deposit creates an asset for the bank.
This is the business of banking. By offering savers a return (and/or other services), banks take in deposits (liabilities), which creates assets that a bank can lend out. As long as the total return on assets exceeds the payment on liabilities (and other costs of doing business) the bank is profitable.
Millionday: When a bank receives a deposit, it must keep a portion on reserve with the Federal Reserve (Fed) and pay a deposit insurance premium to the FDIC. At the present time, the Fed’s reserve requirement is 10%
Millionday: SO WHAT THIS IS DESCRIBING IS THE REASON FOR A FEAR OF “RUN ON THE BANKS” — THEY ARE NOT REQUIRED TO HAVE ALL OF THE MONEY DEPOSITED IN CASH ON HAND AS THEY MUST USE THE MONEY THEY HOLD TO CREATE A RETURN WHILE IT IS THERE IN ORDER TO BE A VIABLE BUSINESS —
Millionday: IT CREATES LIQUIDITY FOR THE BANK —
Millionday: WITH THAT IN MIND — HERE COMES THE REPORT
Millionday: Called for an economic researcher as much as possible of the money supply that are outside the banking system to attract in order to become among the credits granted by banks to ensure the liquidity distribution in order to serve the country’s economy.
He said Firas Amer in an interview with «morning» that the withdrawal of liquidity to the banking system
Millionday: NOTE — THEY ARE CALLING FOR MONEY TO BE DEPOSITED INTO THE REFORMED BANKS SO THAT THE CITIZENS USE THE BANKS AND THEY ALSO HAVE — THE ASSETS IN THE BANKS THEY NEED AND THE FUNDS TO PAY THE BILL OF THE INSURANCE THE BANK CARRIES
Millionday: NOTE — THIS IS WHY >>>>He said Firas Amer in an interview with «morning» that the withdrawal of liquidity to the banking system It comes to the revitalization of the banking and urged the public to deal with the banks,
noting that the issue of withdrawing liquidity from the public and her husband to the bank credit would enhance the trade movement in the country by launching the banks loans, which in turn contribute significantly to the economy move.–
Millionday: The central bank shares over the past year in the re-employment of more than three trillion dinars into the banking system through the sale Hawwalath auction of 91-day amounting to 200 billion dinars.
Risk: Iraqi’s dont trust the banks…….You see this as a real problem?
Millionday: THE BENEFIT IS ACTUALLY SHOWN TO US BY WHAT IS ACHEIVED —-
FOR INSTANCE WHEN YOUR NEIGHBOR PULLS UP IN A NEW TRUCK AND YOUR BROTHER BUYS A HOME AND WHEN YOU READ IN THE PAPER ABOUT THE LOCALS OWNING BUSINESSES –
HOWEVER — IT IS BALANCED BY THE DESIRE TO HAVE WHAT ANOTHER HAS —- AND REMEMBER THEY ONCE FLOURISHED SO THIS WOULD BE A SIGN OF THE RETURN TO NORMAL TO MOST
Millionday: IMO AMERICANS DONT TRUST THE BANKS EITHER BUT —-
Papatom: this…following the funding mentioned last night for individuals for business and small enterprises…is really marking the start of the dishing out of the dinar in the new economy….it is VERY very big news in my opinion…in the USA the lions share of employment rests in small business…Iraq is modeling that example.
Millionday: IT IS HUGE NEWS IMO AS WELL — IT IS THE BEGINNING OF THE BANKING REFORMS AND TRADE FOR IRAQ –
THEY HAVE AN OBLIGATION AS AN INTERNATIONAL BANK TO BECOME AS BIG OF A BUSINESS AS THEY CAN BE — THIS INCLUDES MONOPOLIZING ON ANY OPPORTUNITY TO GAIN THROUGH INTERNATIONAL BANKING FROM INTEREST RATES OUTSIDE OF THE COUNTRY AND IN ETC — HUGE HUGE NEWS IMO
Millionday: THE RE-DISTRIBUTION OF LIQUIDITY WHOOPOW —
Millionday: Hashimi confirmed specialist in the field of insurance that the insurance sector contributes effectively in the money from multiple sources compiled for use in new projects or expand old projects and thus the insurance companies play a significant and prominent role in financing economic development projects.
Millionday: The insurance sector Iraq’s three insurance companies and government, are all from the national insurance company, Inc. Iraqi insurance, re-insurance company, along with 29 insurance companies to the private sector in addition to the two branches of the two insurance companies Ajunbatin.
Millionday: NOTE — AS WE HAVE JUST READ ABOUT — THE INSURANCE FUNDING FROM BANKING CREATES A FUNDED MARKET — SO THE USE OF THE LOANS ALSO OPENS A HUGE MARKET –
FOR INSTANCE — INSURING YOUR BUSINESS — HOME — SELF — WORK PLACE — LABOR COMPLIANCE — CARS — ETC ETC — HUGE
Millionday: the competent Saadoun al-Rubaie said in an interview «morning»: the insurance all kinds subject generally to any country’s economy, noting that any development is happening in Iraq, the economy will be reflected positively on the insurance sector, stressing that the financial stability is also a contributing factor to the development and prosperity of insurance in its different forms.
Millionday: He explained that the booming economy and revitalization will impact on business productivity activate and make it easier for market the provision of goods and services required
and then you will be able insurers to perform their role of providing services and developed through the issuance and documentation covering the types innovative insurance, saying it was ready to pay compensation for damages and losses caused by accidents involving documents holders of insurance.
Millionday: NOTE — HE IS SAYING THAT IT FUNDS THE USE OF THE INSURANCE FOR CLAIMS–
Millionday: He pointed out that in times facing the State economic fluctuations or a recession, it will impact on the insurance and back down and weaken its activity and liability covered by insurance which is a professional responsibility faced by different professions and crafts employers or employer is responsible for his employees.
Millionday: He said the new projects depends mainly on the contribution of the insurance companies in order to encourage the establishment of industries and projects that may be unable to implement the domestic investor and carry risks,’
pointing out that insurance companies contribute effectively to the development of the economy by entering into investment projects in the housing and real estate industry and other sectors.
Millionday: NOTE — IT IS VERY IMPORTANT FOR THE INSURANCE COMPANIES TO HELP NEW BUSINESSES AND CUSTOMERS GET STARTED AND THIS IMPACTS THE INSURANCE BUSINESS`S BOTTOM LINE AS WELL — AND ONTO THE VALUE OF THEIR SHARES
Millionday: He focused Rubaie in his interview that insurance works to facilitate trade and increase its size in international relations by covering all hazards related to transportation and shipping as to encourage investors to handle and implementation commercial contracts and assurance of the existence of compensation in the event that his goods to spoilage or damage or any other damage.
Millionday: NOTE — IT ALSO MAKES IRAQ MORE COMPETITIVE AND MAKES INVESTORS MORE ATTRACTED TO THE IDEA OF PUTTING THEIR — INSURED– INVESTMENT INTO IRAQ —
Millionday: The Office of insurance, the Ministry of Finance, the regulator responsible for matching the final accounts of the insurance companies and Aymanh agreed to renew the practice of insurance business to the private sector permit unless progress accounts the closing of these companies, the fact of disclosure and transparency reinforce they argue good reputation to companies in yard work.
Millionday: NOTE — THEY HAVE AGREED TO OPEN BACK UP THE INSURANCE COMPANIES THAT WERE CORRUPTED AND THE BOOKS SHOW THE FOLLOWING OF REGULATIONS
Papatom: the insurance companies…and reinsurance company all come from the National Insurance…first paragraph! it is interesting that its a state owned enterprise…isn’t it? i would think other outside insurance sources would want in on the profit to be made…..that is planned….
Papatom: it’s like money recycling….pay premiums…have claims … get back money from losses…pay premiums….
Millionday: THAT IS GOING TO RESULT IN A HUGE GROWTH KEEPING IT INSIDE IRAQ IN MY OPINION — NOT THAT MORE COMPANIES WONT COME IN BUT THE INITIAL IMPACT WILL BE HUGE
Papatom: inspectors, adjusters, underwriters, salespeople, managers, clerks……..
Millionday: IT ALL IMPACTS EACH AREA IN A HEALTHY ECONOMY IT CANT BE HELPED DUE TO EACH MARKET DEPENDING ON THE OTHER AND FUNDING THE OTHER
jwjd: i declare by our sweet Jesus the dinar rate is changing to a new rate! this just came over me..
Millionday: THANK YOU HUN — AMEN
Millionday: SO KNOW THAT THE MEDIA REPORTING THE REASONS WHY SOMETHING IS GOING ON IS NOT ALWAYS ACURATE –
HOWEVER — THE ACTION GOING ON MAY BE AND IN THIS CASE IS IMO HUGE — THIS ALL DUE TO WHAT WE READ WAS HAPPENING ON THIS SUNDAY —
Millionday: >>>An informed Friday about the spread of US forces in one Sitarat Green Zone in central Baghdad, amid expectations withdraw confidence from the Prime Minister Haider al-Abadi source.
The source said in an interview with “Sky Press,” that “the proliferation of US forces in Sitarat Green Zone in central Baghdad and a clear indication of intent to withdraw confidence from the current Prime Minister Haider al-Abadi.”
Papatom: that doesn’t read positive……
Millionday: NOTE — I COMPLETLY DISAGREE ON WHY THE US FORCES ARE THERE BUT — IT IS VERY INTERESTING TO SEE THEM THERE WITH THE UPCOMING MEETING SUNDAY
poppy3: IT APPEARS FOR SURE THE GOV OFFICIAL’S ATTENDING THE MEETING THIS WEEK END AND MONDAY , TUESDAY, HAVE BUILT A FIRE TO NOT JUST TALK BUT TAKE ACTIONS ON WHAT THEY SAY. GREAT INFORMATION AND VERY COMPLETE REPORT AS ALWAYS. BLESS YOU. POPPY3
Millionday: THANK YOU POPPY — BLESS YOU MY FRIEND
Millionday: HERE IS WHAT WAS STATED ABOUT THIS HERE
Millionday: ACCORDING TO THE INK
The last number announced by the Pentagon about the number of US soldiers in Iraq was 3,500 after sending 370 extra soldiers to this country.
Millionday: NOTE — AS WE SEE — IT APPEARS THAT THE TROOPS HAVE BEEN CALLED THERE BUT NOW THE REASON IS NOT CLEAR BY EITHER SIDE — HERE THEY ARE IN THE GREEN ZONE –
AND MANY INTERNATIONAL OFFICIALS AND ALL LEADERS WILL BE IN THE GREEN ZONE SO IMO IT MAKES PERFECT SENSE TO ME —
Millionday: The mission of those troops is limited to training and providing advice and assistance tasks, but they are not directly participating in the battles against ISIS.
Papatom: I think you allude to the real reason they are there and I agree with you…
Pablo: Do we have any confirmation of these rumors that M is under house arrest?
Millionday: I HAVE NOT BROUGHT ANYTHING ON IT YET BUT MAY HAVE IT — I WILL BRING IT IF I DO HUN
Millionday: NOTE — A COMMITTEE TO END THE HOUSING CRISIS –
Millionday: session witnessed, which was held last Thursday, under the chairmanship of Sheikh Hamoudi, and was attended by 265 deputies, the Finance Committee to see her on the subject of sale of property state, and called for moving the second reading of the law of sale and lease of state property.
vote on a proposal , said a statement of the Department of media House , «morning» received a copy of it, that meeting, and at its infancy, saw the vote on the proposed
Millionday: NOTE — HAVE VOTED THROUGH 3 LAWS WE WILL LOOK AT BUT — THEY ARE ALREADY DISCUSSING THE ABILITY OF CITIZENS AND INVESTORS TO SPEND MONEY ON REAL ESTATE
which comes due to the lack of need for the resolution because of the suspension of work by the memorandum of understanding «oil for food and medicine» by UN security Council resolution No. 1472 on March 28 2003 and completed the Council vote on the proposal to overturn the law dissolved Revolutionary command Council No. 32 of 2000 and sponsored by the legal Committee.
Millionday: NOTE — THEY HAVE VOTED THROUGH RESOLVING THE WORK FORCE FOR THE COMPLETED — OIL FOR FOOD PROGRAM DUE TO THEY WONT NEED THEM IN PLACE ANYMORE
Millionday: housing crisis and the statement noted, that the Council voted on a resolution, based on the proposal of MP Abdul-Hadi al-Hakim, the formation of a committee of members of the House of Representatives shall prepare a proposed law aimed at resolving the housing crisis intractable the country,
and includes the processing necessary land in the province and the provincial projects of integrated housing and funding, to be distributed among the citizens and the granting of land to them without a price.
Millionday: NOTE — THE CALL TO RELEASE SALARIES
Millionday: According to the statement, said the MP, Abdul Rahman Alloizi, read out a statement on the general situation in the city of Mosul, which suffer from gangs «Daash» crimes He pointed out that the government’s decision to cut the salaries of staff exacerbated the humanitarian crisis.
He called Alloizi the government to speed up the liberalization of Nineveh province of terrorists «Daash» criminal and coordination with the United Nations to provide safe outlets for citizens, calling at the same time the release of salaries of government employees who were unable to leave the city .
Millionday: READ THIS >>>> Law pleadings and supervise judicial finished as the Council, according to the statement, the first reading of the draft law amending the civil Procedure Act No. 83 of 1969 and provided legal and financial committees, due to the change in the value of cash
Millionday: and ease the opponents to challenge the decisions of the urgent matters to the resumption of the region inhabited by court in suits, all unite extended challenged discrimination in the first instance courts and lawsuits personal status and claims of personal material suits to prevent the wearing in this area and to speed up the resolution of lawsuits. and he finished the Council first reading of the draft judicial supervision and submitted by the legal Committee Authority Act
Millionday: NOTE — THEY ARE GOING TO START UP COURTS FOR THE CIVIL MATTERS — LAWSUITS
Millionday: Act, which comes to the changes taking place in the period following the issuance of the law supervising forensic No. 124 of 1979 and to keep abreast of changes and compatibility with the new legislation and to ensure good performance in the federal judicial power components. connector plug and on,
the cause of the Mosul Dam at the request of a number of MPs, MP Furat al-Tamimi chairman of the Committee on Agriculture for the Commission to host experts and specialists to discuss the cause of the Mosul Dam, adding that the committee will present its report at a hearing next Monday in the presence of Minister of water resources.
Millionday: Finance Committee and has offered its vision on the subject of the sale of properties the state calling to move the second reading of the law of sale and lease of state property.
as MP Hassan Chuird chairman of the Foreign relations Committee, stressed in the Committee’s report on the Saudi ambassador in Iraq Thamer Sabhan statements, as «remarks outside the diplomatic context and the intervention of internal affairs,»
noting that the State Department had their proceedings appropriately in dealing with the subject, urging the State Department to end the work of any ambassador to interfere in Iraqi affairs.
Millionday: NOTE — OBVIOUSLY THEY ARE PUTTING INTO PLACE ALL THE POLICIES WITHIN THE REFORMED IRAQ AND REGULATIONS FOR THE SPENDING OF MONEY
Millionday: then the voice Council on the recommendations of the Committee on Foreign relations on the Saudi ambassador in Iraq’s remarks. and provided MP Hassan Sinead, chairman of the Committee members of the affairs of the Commission’s position on MP Mishan al-Jubouri’s remarks, adding that the Attorney-Jubouri accused everybody of corruption and involvement bribes to close the files of corruption.
Millionday: LAST PART >>> turn the face of Sheikh Hamoudi the formation of a parliamentary committee envisions to follow up on the subject of MP Mishan al-Jubouri, a legal representative as remarks. and did the Council read the report and discuss the first draft amendment to the Law of the sale and lease of state property No. 21 Act of 2013 and provided financial and legal committees.
What finished reading the report and discuss the draft regulation on human organ transplant law and prevent trafficking and submitted by the Committees health and the environment and Awqaf and religious Affairs.
Millionday: GOODNESS THAT IS LONG WHEN THEY EXPECT TO HAVE FUNDS TO SPEND
Papatom: to speed up the resolution of lawsuits.
Millionday: THIS IS SO INTER-TWINED IT IS THE MOST INGENIOUS PUZZLE IN HISTORY IMO LOL
Millionday: LOVE IT
Millionday: THERE IS A RUMOR GOING AROUND THAT SHABIBI IS COMING BACK
Millionday: THIS IS THE ONLY INK THAT I HAVE FOUND ON HIM RETURNING
Millionday: Suggested head of the National Coalition, Iyad Allawi, on Friday, the Iraqi government restore the former Iraqi Central Bank Governor Sinan al-Shabibi, and the use of a panel of financial experts, and the formation of an economic body to save Iraq from its economic crisis.
Allawi called in a press statement vassal / balances News / government to “restore with the help of experts, economic and financial, and the formation of a body to save the Iraqi economy, guiding compass government, which suffered from the bankruptcy in order to get out of the financial crisis, as Iraq intends to establish free zones in four provinces, with the launch of Central Bank $ 6 trillion Iraqi dinars for agricultural, industrial, real estate and banks granted to the citizens. ”
Millionday: THERE IS MORE — SMILE >>>
Millionday: Iyad Allawi said, “The Iraqi government in the event of bankruptcy, and it must be geared to get loans, has tried it, and Finance Minister Hoshyar Zebari discussed successfully secured loans from the World Bank up to one billion and 200 million dollars, and there are going to get two billion dollars attempts.”
The Iraqi parliament speaker Salim al-Jubouri, called yesterday, the World Bank to support Iraq economically out of the financial crisis.
Millionday: SO THEY NEED HELP TO MOVE FORWARD AND ARE DISCUSSING ASKING SHABIBI TO COME BACK TO LAUNCH THE ECONOMY
Millionday: WITH HIS ENTIRE GROUP AND OTHER EXPERTS — THAT IS VERY INTERESTING IMO
ljenterprises: Maybe that too is why the increase in security Sabbibi coming back
Millionday: VERY INTERESTING — WE READ MANY EXPERTS ARE COMING MAYBE HE WILL BE WITH THEM — SO INTERESTING
Millionday: THIS IS NOT ABOUT MALIKI BUT REMEMBER THAT I TOLD YOU THE REASON LISTED BY REPORTERS IS NOT ALWAYS WHY BUT WE SHOULD LOOK AT THE ACTION
Millionday: LOOK AT THIS AND THINK ABOUT THE MANY REASONS THIS COULD BE DONE — THE NATIONAL RECONCILIATION CONFERENCE MAYBE — OR OTHER NEWS THEY DONT WANT KNOWN — ALONG WITH OFFICIAL`S MOVEMENT ETC
Millionday: So far, it proved to be more like a game of cat and mouse as the re-emergence of the organization through other accounts scenes video where the beheadings show highlights the virtues of living in what he calls the organization “Caliphate State”.
The primary purpose for Iraq is to prevent the extremist group from connecting to the Internet at all, a goal that will check if the elimination of an important aspect of the propaganda campaigns that are behind deadly attacks in the West.
cowboydownsouth: I have the feeling we are so close we can almost touch it what to you think about how close we are based on all that has happened?
Millionday: IMO THEY HAVE MANY THINGS HAPPENING RIGHT NOW THAT WILL ALLOW THEM TO GO TO A FREE MARKET ECONOMY AND MANY LAWS PASSED AND REGULATIONS IN PLACE — THAT WE WAITED YEARS TO SEE — THE NEWS IS EXCITING
ljenterprises: Will pulling the “plug” interfere with the E banking? It sure does for me
Millionday: I WAS TALKING ABOUT THE REPORT ON THE INTERNET BEING PULLED FROM THOSE AREAS
Millionday: YES IT WOULD INTERUPT ALL SERVICE — THEY HAVE BEEN REPORTING THE PLAN TO LAUNCH – E-GOV AND E-BANKING AND SO MANY OTHER THINGS –
SO IF THIS WAS OVER THE ENTIRE COUNTRY OF COURSE ONLY TO STOP TERRORISTS FROM BROADCASTING — IT WOULD BE A GREAT TIME TO MAKE ANY PROGRAM CHANGES — DATA CHANGES — AND THE LIST IS LONG
Millionday: IT JUST SOUNDS STRANGE TO STOP INTERNET IN IRAQ FOR THIS — BECAUSE — THINK ABOUT THIS — WHAT ABOUT ALL OVER THE MIDDLE EASTERN COUNTRIES THAT TERRORISM IS BROADCASTING FROM —
Millionday: IT JUST SOUNDS LIKE A STUPID REASON TO GIVE IMO — WHAT PURPOSE WOULD THAT SERVE –
Millionday: TERRORISTS — MEANING THE GROUPS I DONT NAME ARE IN MANY MORE AREAS THAN IRAQ
ol lar: I’ll tell you why , part of the delete zero project is to change all accounting country wide. wouldn’t it make sense to stop all online access to accounts
ol lar: just sayin
Millionday: HEY OL LAR — GOOD POINT HUN — SMILE
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