Chat Room – Excerpts & Highlights
jimplants says to plowboy():well i guess if our IQD will not be worth anything the UST IMF AND WORLD BANK will not be worth anything either since they hold a butt load of it
jimplants says():think about it do you think that for one minute that these major investment and banking groups would be pumping BILLIONS into iraq and accepting IQD into their currency reserves to lose money? i think not they are there to make money
JETSET says to jimplants():not to mention that the US paid billions to have the current currency produced…
jimplants says():last thing the WORLD BANK has set up a office in Basra and are calling it the GATEWAY TO THE NEW SILK ROAD ….
not there to lose money and as RC stated the IMF AND WORLD BANK are now driving the bus they are profit oriented. PROFIT AS IN WE WANT OUR BILLIONS BACK
david334 says():Is this NY Post fact ?
http://nypost.com/2016/09/02/iex-grabs-attention-in-wall-street-debut/
magnetlady says():I don’t know david. let me go read it.
Baxter says():I think it is David… what happened to Iraq getting in Yesterday?
Baxter says():or… did they? Ive been on the road…
david334 says():They designed a “speed bump” in trade data execution that impeeded the flash traders who are front running thieves . This wou;=ld be amazinf. Going to the ISX to but GM or IBM based on best bid or offer]
Baxter says():Wall Street’s “speed bump” hit the markets on Friday — ironically, one of the slowest trading days of the year.
IEX, the exchange upstart featured in Michael Lewis’ bestselling “Flash Boys,” had its first full day of trading all major listed stocks.
It captured about 1.4 percent of the stock market, making it the ninth-largest exchange by volume.
JETSET says():i’d say starting on the one of the slowest days of the year is a great thing!
JETSET says():JMO
david334 says():incredible
JETSET says():any flaws or bugs in the system can be minimized
plowboy says to david334():is there a connection with this trading company and the ISX, and possibly the reval?
david334 says():toady all the markets are on big electronic market . And they figures out how to disrupt the flashing trading is huge. Those guys just have h=use technology and speed to run in front of nornmal trading volume and make a .25 of a penny, but do it trading millions of shares. I cant believe this is amazing IEX technology
jeffjane says():Is the ISX up and working?
david334 says():I believe the IEX stands for Iraqi exchange so its a computerized trading platform that interacts with a bunch of other systems including the NADSDQ .
They are all trading on equal footing. People probably went to the IEX to get spome orders done without gettting someone raising there cost. They had 1.7% of global volume !! I could be all wrong but it readss that way
david334 says():Maybe IEX stands for some global exchange
Baxter says():“We just finished a toast of champagne,” said Ronan Ryan, IEX’s president.
IEX took about two weeks to do a full rollout, starting out with just two stocks on Aug. 19. A few days later, it experienced a small glitch — a delay between some data feeds — that was patched the next day.
The exchange, led by Chief Executive Brad Katsuyama, incorporates a 350-microsecond delay, or “speed bump,” that aims to level the trading field and prevent superfast traders from jumping the line.
That controversial feature sparked a Wall Street war. Exchange rivals like the Nasdaq and the New York Stock Exchange, as well as high-speed trading outfits, tried to derail IEX’s application to become a public exchange operator.
Baxter says():that presidents name sure dont look like i
Baxter says():its Muslim
david334 says():Right Iraqi but I tgought they called the ISX the IEX now. More confusion IO doubt the Iraqi exchange has gotten that high powered
Baxter says():maybe there is two of them?
jeffjane says():IEX is something differant than ISX.
david334 says():Makes sense
Baxter says():When in doubt… RCookie will know…
david334 says():Here is the story its an exchange started by a consortium of institutional investors to stop flash trading. Nothing to do with Iraq a seperate endevor. I should of realized that I aman idiot
hutch says to Baxter():GOOD LUCK WITH THAT !
Baxter says():So there are two IEX’s?
hutch says():DID NOT SAY THAT YOU DID
JETSET says():regardless, it is ore progress and that is what we want to see!
hutch says():ORE PROGRESS
hutch says():?
hutch says to JETSET():WHAT DOES THAT MEAN?
JETSET says(): regardless it is more progress and that is what we want to see!
kalis says():so how we all doing ?? any new from our partner in GOI our investment ?
kalis says():geetings to all cool .. i hate say this but this ride is on auto . this investment is moving moving forward . so it is just time sit back a relax and watch it .lol
JETSET says to kalis(): i agree. it will happen when it happens. we just sit back and enjoy the ride!
rcookie says():Iraqi banker close to al – Maliki escape $ 6.5 billion
Former Prime Minister Nuri al-Maliki accused in corruption cases
Sunday, September 04 2016 BAGHDAD – Naseer al – Naqib: Prosecutors demanded the Iraqi finance minister, Hoshyar Zebari, to disclose the identity of the person who was able to smuggle $ 6.5 billion, and it was pointed out during a press statement.
A judiciary spokesman Judge Abdul Sattar Bayraktar said that «Prosecutors formally request» from Finance Minister «to clarify his statements regarding the name of the person mentioned in one of the local media that« about 6.5 billion and a half billion dollars to «his personal account,
in order to take action legal right, said Zebari, who face the threat of no-confidence, after questioning in parliament in Mali corrupted files session, channel «Tigris»
TV local Iraqi that «only one person about $ 6 billion and 455 million to his personal account in a bank outside the country, but that member Finance Committee in the Iraqi parliament Haitham al-Jubouri revealed the name,
stressing that «Hamad Yasser al-Moussawi, the owner Huda Bank Musawi was a candidate for a coalition« rule of law », led by former Prime Minister Nuri al-Maliki, is considered a close associate of Nuri al-Jubouri said«
We discovered Moussawi file and it has approached the money laundering Office in the Central Bank who wrote the report for the prosecution in March and confirmed the opening of 3 files on suspicion of involvement of bank Rafidain and Rasheed in the case and leads the al-Jubouri, a campaign questioning the Minister of Finance in the corruption files, relating to protection expenses file, and furnishing his home, and rent his secretary amount large, what he considered Zebari as «a political target but Zebari criticized al-Jubouri to about smuggling a large amount, saying the real files, these people where the money went?
Who is responsible for?
He stressed that it «formally documented and why not to take any action and follow-up funds?
It is equal to the budget of the state.
LINK http://www.dinarupdates.com/showthread.php?40229-Iraqi-banker-close-to-al-Maliki-escape-6-5-billion-9-3&p=160650#post160650
rcookie says():The expulsion «Daesh» restores families Qayyarah to Mosul
The expulsion «Daesh» restores families Qayyarah to Mosul Okaz (Baghdad) Dozens of Iraqi families began a gradual return of displaced southwest of Irbil camps to their homes in the hand Qayyarah and surrounding villages south of Mosul, after Iraqi forces were able to expel the elements of the organization «Daesh» them and raise the remnants of war.
The families lived in «Depkh» camp, southwest of Irbil, which was packed with thousands of displaced people during the Iraqi security forces operations in southern Mosul, Qayyarah.
And even returned yesterday from the camp about 900 people; as the voluntary return have not been forcing families to return, unlike what happened with the displaced people of Fallujah who were forced to return before the end of the Iraqi authorities, the city’s infrastructure is initialized.
And it caused the military operations that took place south of Mosul areas to the displacement of more than 34 thousand to small Dbekh, was dispersed on three crowded camps in light of a severe shortage of food supplies life.
hutch says to rcookie():THATS A COUPLE OF HEALTHY ARTICLES … LOTS OF FINGER POINTING IN THE FIRST ONE
BGG says():Very interesting.
BGG says():Maliki on the hot seat..
BGG says():and preparing for Mosul fully restored.
RickeyT says():comment
RickeyT says():?
RickeyT says():around 6 months ago I brought in info from my cancer doctor that Maliki had over 5 billion dollars, this might be the money my cancer doctor was talking about
rcookie says():”Failure” of the Iraqi banking pays money to Iran as the “green light” from the clerics and leaders of factions
Author: AB, HH, MJ Editor: AB, BK, HH 09/03/2016 23:57 Number of Views: 820
Long-Presse / Baghdad Iranian banks have succeeded, to attract Iraqi funds in the phenomenon it began to widen through the granting of facilities and benefits attractive untapped distrust Iraqi counterparts, where armed Shiite factions and religious fatwas played an encouraging role on those investments, with the exception of specialists invest the Iraqi capital in the neighboring countries, “danger” that threatens Iraq’s economy, the Finance Committee asked in the House of Representatives to “reconsider” the work of Iraqi banks and banking policy.
$ 100 for every 10 thousand
He decided Adnan Kazim, a resident of Sadr City, in eastern Baghdad, the sale of his house with two floors, measuring 144 m2 and move to live in Iran after they invested their money in the banks, taking advantage of the benefits of “tempting” awarded by enough needs.
He says Kazim, in an interview to the (long-Presse), said that “his house amounted to 230 million dinars, equivalent to about 176 thousand dollars, which invested 120,000 dollars of them in one of Iranian banks,” noting that “the Iranian bank gives $ 100 a month for each 10 thousand dollars. ”
He adds Kazim, he “moved with his family of nine members, to live in the city of Mashhad, four months ago, where he rented a house for the price an appropriate analogy counterpart in Baghdad,” he returned to “Iranian banks safer and more confident of their Iraqi counterparts.”
Confirms Kazim, that “life in Iran is less expensive than Iraq, as the US $ 320 a month enough for him and his family a month,” he said, adding that “many of the jobs available in Iran, where he works as the conduct of currency provides the equivalent of 40 Tomana a day to meet the expenses.”
He continues Kazim, that “three of his children joined the private schools affiliated to the Iraqi Ministry of Education in the city of Mashhad, in return for an annual fee of $ 300, including transportation costs,” adding, “lower prices for food and household needs in Iran than it is in Iraq.”
Read More : http://www.dinarupdates.com/showthread.php?40230-Iraqi-banking-pays-money-to-Iran-as-quot-green-light-quot-from-clerics-amp-leaders-of-factions&p=160651#post160651
rcookie says():Shiite faction leaders and clerics “pave” to invest in Iran
In turn decided citizen Hussein Abbas, a resident of Sadr City also invest 10 thousand dollars in one of Iranian banks, they returned to the banks, “a safer and more confident” of Iraqi counterparts, and, underscoring that “the armed Shiite factions leaders are the first to have begun to invest their money in Iran, revealed that hundreds of people have begun to invest there after a fatwa from the clergy.
Abbas says, in an interview to the (long-Presse), said that “Iranian banks give more facilities to the foreign investor without complications or conditions obstructive,” returned to “Iranian banks safer and more confident Iraq that began declare bankruptcy after it missed depositors’ money, without The central bank and the rest of the concerned authorities lifted a finger. ”
Confirms Abbas, that “the armed Shiite factions leaders and its members, who first began to invest their money in Iranian banks to follow them after hundreds of people,” adding that “fatwas clergy that there are no forms of illegal benefits given by Iranian banks, on the grounds that Iran is a state Muslim does not deal with riba, it paved the way for investment in those banks. ”
Read More http://www.dinarupdates.com/showthread.php?40230-Iraqi-banking-pays-money-to-Iran-as-quot-green-light-quot-from-clerics-amp-leaders-of-factions&p=160651#post160651
rcookie says():Expert: dangerous phenomenon that threatens the Iraqi economy and the owners of the funds themselves
On the other hand sees banking expert, that the “loss of confidence” of Iraqi banks forced the owners of the funds to seek to invest abroad, while the longer that it involves a “serious risks” to the Iraqi economy and the investors themselves, calls for the development of quick solutions to restore confidence in national banks and activation of the financial and banking sector to eliminate usury and money laundering and fraud.
He says Abdul Hassan Ziadi, in an interview to the (long-Presse), said that “a number of reasons have led to the withdrawal of the Iraqi capital to neighboring countries, such as Iran, including the activity of the Iraqi private banking sector has become virtually non-existent in terms of interest and investment,” noting that “the Iraqis are now private banks do not trust what forced them to run their money in other countries. ”
He adds a banking expert, that “Iranian banks granted the benefits increase more than 15% to attract investors and owners of the funds, which encouraged a lot of Iraqis to sell their property and transfer their funds to it,” adding that “Jordan has succeeded is the other in attracting deposits and huge investments in Iraq due to their financial stability and security and what gives him the facilities and advantages. ”
He continues Ziadi, that “the Iraqi banks were previously attracts a lot of people, but they have lost their confidence because of the nature of their work,” she returned to “invest in the Iraqi capital of neighboring countries pose a threat to Iraq’s economy, but the Iraqi citizen himself.”
Attribute the banking expert, to “the difficulty of retrieving the Iraqi citizen money from Iranian banks, they will not allow it and will not allow any other nation because the output of these funds means collapse,” explaining that “the money from Iraq output is easy, but returned to it would be extremely difficult “.
It demands Ziadi, government agencies need to “prosecute the both promoted to invest money in Iranian banks or any other country,” stressing the need to “develop quick solutions to avoid any threat to the Iraqi economy as a result of the proliferation of those bad phenomenon and control.”
And it calls Ziadi, to “restore the confidence of national banks and encourage them to give appropriate depositors benefits as well as the activation of the financial and banking sector for the elimination of usury, money laundering and fraud,” and urged citizens to “invest their money in the construction field in Iraq as an area profitable and safer than depositing Bmassarv neighboring countries.”
.
Read More http://www.dinarupdates.com/showthread.php?40230-Iraqi-banking-pays-money-to-Iran-as-quot-green-light-quot-from-clerics-amp-leaders-of-factions&p=160651#post160651
rcookie says():Parliamentary claims to reconsider banking policy and warnings from out of money
Finance Committee attributes the phenomenon in the House of Representatives to “failure” of the Iraqi banking policies, and demanded to investigate the causes of this phenomenon, as warned of “serious repercussions” on the national economy.
Says committee member Majda al-Tamimi, said in an interview to the (long-Presse), “The loss of confidence in Iraqi banks, after the bankruptcy of many of them and not to return depositors’ money, he had a lot of money to resort to Iranian owners,” asking to “re-examine the work of Iraqi banks and banking policy to restore citizens’ confidence and trust. ”
It adds Tamimi, that “the Iraqi funds out to neighboring countries constitute a big loss for the national economy especially as the country is in financial distress,” attributed the reasons for asylum Iraqis to take out their money to neighboring countries and the government’s need to borrow from the World Bank to “banking policy failure and lack of dependence on international standards, and not to the central bank to monitor the work of banks. ”
It calls Tamimi, to “investigate the causes of this phenomenon and whether deliberate or spontaneous,” and warned of “serious repercussions on the national economy.”
The specialists were charged, in the (17 July 2016), in charge of banks granting government loans to “circumvent” the controls and “blocking” is granted, and criticized government agencies for “marginalize” the role of economists and not to cooperate with them to “overcome the shortage” of the private sector in their actions, and with industrialists expressed surprise at all to change the terms granted five times so far, complained citizens and employees of the “complexities” that prevent the achievement of their dreams to obtain housing units.
The Central Bank of Iraq confirmed, in the July 15, 2016, the possibility of compensating depositors of citizens in banks, “losers” in case I worked, “Deposit Insurance” company, while attributing Bankers reluctance of private banks to “liquidity squeeze” as a result of contractors and importers were unable to pay what Bzmthm to her .
Read More http://www.dinarupdates.com/showthread.php?40230-Iraqi-banking-pays-money-to-Iran-as-quot-green-light-quot-from-clerics-amp-leaders-of-factions&p=160651#post160651
rcookie says():The House Speaker Salim al-Jubouri, in the June 19, 2016 called for the amendment of the Banking Act in line with the developments of the stage, with the formation of a student is capable of resolving the private banks and relevant financial problems tribunal.
The Central Bank announced, in (the seventh of June 2016), the Cabinet approval for the establishment of a deposit guarantee in the government and private banks with a capital of 100 billion dinars, while the company aims to stimulate citizens to deposit their money in banks rather than Aktnazha, confirmed money chunky citizens outside banks of more than $ 30 trillion dinars.
The Association of private banks confirmed, in March 2016, that Iraq is suffering a shortage of liquidity due to lower oil prices, and promised that the main problem in Iraq lies in the management of funds, while the Parliamentary Finance Committee denied the existence of a scarcity of funds, stressing that the Iraqi government is able to payment of salaries through the rest of 2016.
The Iraqi private banks association, announced (October 2015) that the ratio of deposits to the government banks, ranging from 65 to 68 trillion dinars, of which no more than 22 trillion and deposits of private banks.
The banking system in Iraq consists of 54 banks as well as the Central Bank and distributed according to property between the seven state-owned and 23 private businesses, including Islamic nine in addition to the 15 branches of foreign banks.
Iraq has suffered from the financial and economic crisis as a result of lower oil prices worldwide and is a one-sided economy based on oil exports to finance its budget every year without relying on non-oil resources.
Read More http://www.dinarupdates.com/showthread.php?40230-Iraqi-banking-pays-money-to-Iran-as-quot-green-light-quot-from-clerics-amp-leaders-of-factions&p=160651#post160651
rcookie says():Urgent: Abadi warns absent from Aldaom tomorrow expulsion from office
Sat, 03 Sep 2016 18:28:11 Spokesman for the office of Prime Minister Saad al-Hadithi, will come out tomorrow committees of the General Secretariat of the Council of Ministers and will provide us with these committees the names absent from official work on Sunday and the day after tomorrow Monday to take an appropriate decision against them by the Prime Minister and the penalty to be imposed against the absent up to expulsion of the Occupation.
rcookie says():Abadi looking Kubiš with political, security and economic situation in the country
Political Since 09/03/2016 20:48 pm (Baghdad time)
BAGHDAD – balances News Search Prime Minister Haider al-Abadi, Saturday, with the head of the UN mission in Iraq, Jan Kubiš political, security and economic situation in the country, as he emphasized the latter continued support of the international community for Iraq and his government.
Ebadi said the Office in a statement received / balances News / copy of it, “the Prime Minister Haider al-Abadi met in his office on Saturday, head of the UN mission in Iraq, Jan Kubiš,” explaining that “During the meeting, they discussed political, security and economic situation in the country and government efforts with regard to displaced people and international support for Iraq in this area and the liberalization of Mosul. ”
The statement quoted Kubiš reaffirmed “the continued support of the international community and to the Government of Iraq, al-Abadi in the challenges they face, especially in the fight against terrorism and the liberation of the occupied” .anthy 29/33 h
Read More: http://www.dinarupdates.com/showthread.php?40184-Saturday-Sepembert-3-2016/page2
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