Excerpts & Highlights
rcookie says(): OMG….CANT BELIEVE WHAT IM READING IN HERE THIS MORNING….HAD TO CHECK THE DATE AND MAKE SURE IT DIDNT SLIP BACK TO 2012..
subgirl says to rcookie(): We know this is about to happen and this week is so full of news!!!!YYaaayy!!
kevin311312 says(): who wants to se a iraq bank swift code
subgirl says to rcookie(): Well yesterday was the Swift Codes in Iran, and the meeting of Barzani and Abadi and agreements on reform….
kevin311312 says(): TRADE BANK OF IRAQ branches and Swift Codes in BAGHDAD, Iraq
TRIQIQBAXXX TRADE BANK OF IRAQ – BAGHDAD Iraq
kevin311312 says(): thats what i thought
rcookie says() WHY IS THIS NEWS….
kevin311312 says(): http://swiftcode.a1feeds.com/Iraq/BA…E-BANK-OF-IRAQ
plowboy says to kevin311312(): it looks like a form to fill out
plowboy says to kevin311312(): TRIQIQBAXXX
rcookie says to subgirl(): THEY SURE ARE….
subgirl says to rcookie(): Then we know that the TTP (PIPELINE) will begin thru out the ME countries… 🙂
subgirl says to rcookie(): even thru the country of China and I think that is interesting!
subgirl says to rcookie(): well that is not really rv news at all…
Risk says): t’s and t’s
rcookie says to subgirl(): ARE THERE DOUBTS AS TO SWIFT CODES BEING LIVE IN IRAQ…
subgirl says to rcookie(): has nothing to do with Iraq’s reval. at all… just interesting news due to the fact that Iran and Iraq are both trade partners…
plowboy says to Risk(): yeah, T&T’s
kevin311312 says(): so they can exchange money aparently
rcookie says(): IRAQS ACTIVE SWIFT CODES HAVE BEEN OUT AND THE LIST OF PASSIVE SWIFT CODES ARE NOT PUBLISHED…
watchman42 says to kevin311312(): That’s cool kevin. Thanks for sharing man (y)
jd says(): Does anyone here have a 50K note in hand ?
rcookie says(): THE QUESTION WAS VERY SIMPLE….WHY WAS THE IRAQ SWIFT CODES NEWS TODAY….
sagecanyon8 says(): BEST NEWS OF YESTERDAY!!! Newshound Guru Millionday …FEW DAYS AGO ABADI WAS GOING TO MEET WITH IMF AND THERE WAS TO BE AN ECONOMIC MEETING IN SWITZ –
THIS IS AN ANNOUNCEMENT FROM ABADI`S OFFICE CONCERNING THE RESULTS: “we have coordinated with the Bank and the International Monetary Fund to develop a plan to overcome the financial crisis.”
kevin311312 says(): alls i did was asked if that code was active or not
deeinup says to rcookie(): So glad you are here giving us all this info. Thank you soooo much.
Movack says): Bring it on i’ll be more then glad to invest in Iraq — Millionday: NOTE — THIS WILL MEAN TO THE IRAQI CITIZENS AND BANKING DEPOSITS THAT THE FUNDS WILL GAIN —–18% — WHOOOPOW
Read More :http://www.dinarupdates.com/showthre…y-News-1-30-16
rcookie says to kevin311312(): (y)THERE ARE 2 KINDS OF SWIFT/BIC CODES…ACTIVE AND PASSIVE…TGHE LIST OF IRAQI BANKS & ACTIVE SWIFT CODES IS PUBLISHED & PUBLIC KNOWLEDGE…THE PASSIVE CODES ARE NOT…
kevin311312 says(): thanks rc
Mark McKinnon[[email protected]facebook..] says(): makes one want to open an account in Iraq over our banks here in the US offering .01%
kevin311312 says(): love your news
kevin311312 says): I look for you every day
rcookie says(): ANYHOW…SAW PEEPS KINDA DOWN THIS MORNING…WAS WONDERING WHY….
clay says to rcookie(): hey buddy the unknown the wait
sagecanyon8 says(): We miss you when you aren’t here Rcookie…you keep things so exciting when you bring in the news…
Movack says(): absolutly no reason to be down we have been given the chance in a life time to be part of a great event
sagecanyon8 says(): We are all just holding our breath….waiting for this to happen…
rcookie says(): SO…I WAS READING SOME COMMENTS ABOUT THE WARKA BANK ANNOUNCEMENT…SOME THINKING THE INTERNATIONAL CURRENCY MEANT RATES
rcookie says(): IT IS..BUT 1 OF THE LARGEST PRIVATE BANKS IN IRAQ….THAT WAS PUT UNDER “GUARDIANSHIP STATUS” IN 2013 TO SUPERVISE THEIR INSOLVENCY…
rcookie says(): AND VERY IMPORTANT IN REGARD TO THE MASSIVE BANKING SECTOR SHAKE UP GOING ON AS WE SPEAK…WITH THE PRIVTIZATION OF THE 2 BIG STATE BANKS….
Movack says(): With this announcement (Parliamentary: $ 312 billion worth of funds looted from Iraq in 10 yearsand the watch it was under when it happened) you would think M would be a running
rcookie says to larrykn): WHEN THE CBI & IMF FEEL THEY HAVE THE DIRE LIQUIDITY CRISIS WE READ ABOUT EVERY DAY IN A TENABLE STATE FOR THE NEXT STEP….
rcookie says to larrykn(): THEY NEED CURRENCY….
rcookie says(): WAS SO EXCITED THIS MORNING…
clay01 says to rcookie(): They can have mine back, for a price, lol
Movack says(): with 50k come out offically that will draw off the remaining 3 000 notes and then off to the races we go
rcookie says(): THE NEXT STEP WILL BE SOPPING UP THE USD FROM THE MARKET AS THEY TRANSITION FROM MCP…AND RETAILERS USE IQD FOR PURCHASE TRANSACTION PROCESS….
larrykn says): I thought they were trying to dry up the dollar already
Mark McKinnon[[email protected]] says(): doesn’t matter if it’s one 50K note or two 25k notes still 50K in currency
larrykn says(): I guess not they are having auctions lol
rcookie says to larrykn(): THEY ARE..BUT LIKE WE SEE IN HOLLYS FRIENDS COMMENTS…LIQUIDITY IS DIRE..
Movack says(): they are instatuting the 50k so peeps ill turn in those 3 000 note foe a more and get rid of the volume they must cary around now. then watch for the lower denoms to com out
Movack says(): well i can see my mind was working faster then my fingers on that statement Movack says(): just look for lower denoms next is my opinion
Mark McKinnon[[email protected]] says(): won’t see any low denoms until the rate changes
Movack says(): exactly
Movack says(): can you link
Mark McKinnon[[email protected]] says(): Iraqis are not going to carry around even more massive amounts of notes.
rcookie says(): HAS EVERYONE BEEN TALKING ABOUT NATIONAL OIL COMPANY ANNOUNCEMENT…
rcookie says(8:34 AM): NO NOT YET SUBBY..
rcookie says(): HER STUFF IS GREAT!
Movack says(): @ 409th If you were a citz. would you not trade your current coin for a new one to stay with a current currency ????
RickeyT says to rcookie(): tax and tarriffs but no rate increase?
mrsgib says to subgirl(): what did it say….in your version
rcookie says to RickeyT(): NOT YET…BUT COMING…IMO
rcookie says(): ARAMACO…NIOC…ADNOC…KPC…SOCAR…..
Cricket22 says to rcookie(): Did the T&T’s start?
Movack says(): T&T’s started over a week ago
Movack says(): I will see if I can find the article
rcookie says to Cricket22(): YES
Cricket22 says to rcookie(): Ok, so what are we waiting for then? 😀
Movack says(): http://www.iraq-businessnews.com/wp-…f-Schedule.pdf
subgirl says to rcookie(): what is the National Oil Company Annoucement?
rcookie says(): HANG ON 1 SEC..
rcookie says(): AND ANOTHER ONE…
rcookie says(): http://translate.googleusercontent.c…oogle.com&sand box=0&sl=ar&u=http://www.faceiraq.com/inews.php%3Fid%3D4556479&usg=ALkJrhilPTwxIvOzwbqjc O1IzntZQM ahMw
Movack says(): i linked the wrong article above still looking
Cricket22 says to rcookie(8:52 AM): BRB
rcookie says(): DONT KNOW WHY LINK NOT WORKING…HANG ON..
Movack says(): here is there activity for today — https://translate.google.com/transla…5780&edit-text
Holly1 says to subgirl(): The central bank is preparing to launch the e-dinar recommends depositing the salaries of all employees in banks Author: BS, MK Editor: BK, BS 2016/02/01 16:47
subgirl says to Holly1(): wow! All employees in banks!
Holly1 says to subgirl(): The Central Bank of Iraq, on Monday, ready for the application of the electronic payment system and the launch of e-dinar about contributing up to deal with the banks and reduce the problems of the cash deal, calling on the government agencies to take advantage of them, while economic Parliamentary Committee stressed the importance of the electronic financial systems in the fight against “corruption and bribery “.
This came during a press conference held by Governor of the Central Bank and the Agency, on the Keywords, with a number of specialists economists, in the wake of a workshop payment system and collection mail in Iraq, which was held under the slogan (electronic payment methods starting point for financial inclusion), which was held within the region Green, in central Baghdad, and attended (range Press).
Holly1 says to subgirl(): He said the governor, that “the central bank will launch e-dinar soon to facilitate the payment of money by mobile phone,” noting that “cash handling involves many of the economic and organizational problems, and that the electronic payment reduces bureaucracy and corruption as well as theft and assault.”
Keywords said, that “electronic payment will go through a number of stages, the first of awareness of its advantages and apply optionally campaign,” calling on government agencies to “take advantage of this service.”
Holly1 says to subgirl(): Said Governor of the Central Bank and the Agency, that “the Bank will recommend the government to deposit employees’ salaries of all government and private banks during the next term in a move that will connect millions of new people to banks and get them used to the use of electronic financial services and take advantage of its benefits,” pointing out that “ten percent of citizens only on relationship banking and financial institutions currently. ”
For his part, adviser to the Prime Minister for Economic Affairs, Abdul Hussein Al-Anbuge, during the conference, said that “the success of the payment of retirees and displaced salaries through the smart card, encouraged the expansion of the experience there to be a bank account for each employee experience,” he returned that “it could be an employee who gets his salary that way from paying wages collection of the State or the purchase of goods and services. ”
Bolani stressed the importance of “electronic collection and e-dinar in the fight against corruption and bribery.”
The electronic financial systems scattered in abundance in various countries of the world, including many from the Arab, unlike Iraq, which is still in its infancy in this area as a result of the difficult conditions experienced by.
Holly1 says to subgirl(): Parliamentary check to grant financial state bank “large loan guarantees symbolic”
Author: HH, MJ Editor: BK, HH 2016/02/01 11:32
Said Finance Committee member Majida al-Tamimi, in an interview to the (long-Presse), that “the Commission set up a committee under my leadership to investigate the granting of financial loans by some government banks without collateral or symbolic guarantees are not commensurate with the amounts estimated contrary to the instructions approved file,” indicating that ” The Commission has identified a group of beneficiaries of these loans. ”
Holly1 says to subgirl(): She said Tamimi, “The investigation showed that the borrowers did not pay the installments due on them and the benefits of it,” pointing to “the existence of corrupted files in this subject starting from the approval of these loans, down to the lack of follow-up to the payment of installments or get benefits, raising signs Many question. ”
She Tamimi, that “the investigative committee held a series of meetings with the authorities concerned to grant such loans to determine the circumstances of the file”, pointing out that it “cost the Office of Financial Supervision Commission to provide a detailed report on the subject.”
Holly1 says to subgirl(): She MP for the Liberal bloc, that “the Commission’s investigation is currently focused on a large State-owned banks (unspecified), on the grounds that the disposal of public money”, stressing that “the Commission will send its final report to the Integrity Commission to take appropriate action on it.”
cookie says to Holly1(): HMMMM…MORE BAD AND SUBPRIME LOANS….WHERE HAVE WE HEARD THAT BEFORE….
Holly1 says to subgirl(): 01/02/2016 16:11 Central: The government is able to overcome its expenses
Holly1 says to subgirl(): BAGHDAD / Obelisk: Central Bank of Iraq announced, Monday, that the government is able to bypass expenditure for the current year, adding that part of the coverage of these expenditures will be through the issuance of national bonds.
The governor of the bank on the Keywords in a press conference with a number of officials and specialists of financial affairs at the General Secretariat of the Council of Ministers, said that “the available indicators at the present time analysis on all aspects of liquidity, that the government will be able to overcome this year within the coverages that were agreed upon.”
Holly1 says to Movack(): I can … but I wont … people take my news and use it on other sites …. I work to hard for others that are lazy … to research there own news …. 🙂
Holly1 says(): Keywords and added that “within the coverage of the budget will be put national bonds at home to buy them by the citizens at an interest rate similar to the interest that is put forward by foreign bonds”, adding that “these bonds will bring good return to the citizen.”
The competent officials some financial affairs, announced the failure of the Iraqi government’s ability to pay employees’ salaries for more than three months to come because of lower oil prices, which impact negatively on the general budget for Iraq, which relies on 95% of these exports.
Movack says(): can understand just like reading the original news ty tho
Movack says(): it was more fore my own s**** book of events I can’t find everything and there are those that find more than I
Movack says(): s****
Movack says(): well you know what im trying to say
Holly1 says(): High external debt to Iraq to 19.4% of GDP end of the year
Holly1 says(): BAGHDAD / follow The bank also predicted that up to 21.9% by the end of 2017.
The report said, “The ratio of external debt to Iraq’s gross domestic product rose from 14.6% end of 2014 to 16.3 percent at the end of last year.”
He predicted Merlnc report, that “the government debt ratio up to the Iraqi GDP to 45.8% by the end of 2016, and continue to rise to 50.8% by the end of 2017”.
The Iraqi government debt ratio to GDP has increased from 21.1% at the end of 2014 to 35.9% at the end of last year.
The nominal GDP of Iraq has declined from 232.5 billion by the end of 2013 to 221.1 billion dollars by the end of 2014.anthy 21 / N
Holly1 says(): Governor of the province of Kirkuk, announces receipt of the first batch of the Kurdistan region as receivables oil sales
Movack says(): do i have a message some were ??? or u understand
da58 says(): did you guys see where Sistani is now calling to replace Abadi?
Holly1 says(): BAGHDAD / Baghdadi News / .. announced the governor of Kirkuk, Najm al-Din Karim, on Monday, that the province received the first batch of dues oil sales from the Kurdistan region, amounting to $ 10 million within the petro-dollar allocations.
Karim, said in a press statement received / Baghdadi News /, copy it, that “Kirkuk province has received $ 10 million from the first dues petro
He added that “the move is good for the continuity of services and work to complete the ongoing projects that stopped working out three years ago because of the financial benefits of Kirkuk exchange.”
Movack says(): US is to pleased
Holly1 says(): And that “after the agreement between Arbil and Baghdad to export oil through the Ministry of Natural Resources of the Kurdistan Region Government of the Territory became obliged to pay dues Kirkuk oil source to maintain the fields,” adding that “Kirkuk is deprived of her financial rights obtained from right to petrodollars for years 2013 and 2014 and 2015 as a result of political and economic conditions of the information for all. ” It ended 21 / g
da58 says(): Mr. Sistani nominate “Fayad,” instead of Abadi for prime minister http://translate.googleusercontent.c…NfJFUZ2-7MY0ow
Movack says(): eek
Holly1 says(): Finance Committee rejects the government’s attempts to use the cash reserve
Holly1 says(): BAGHDAD / JD / .. the parliamentary finance committee revealed, for the federal government to try to use the cash Balaanaat of hard currency the central bank to face the current financial crisis, stressing rejection of all attempts that would affect the amount of the reserve.
A member of the committee MP Ahmed Sarhan told / JD /: that there are serious attempts by the federal government with the help of cash Balaanaat to face the economic situation that the country is currently going through.
Holly1 says(): He added that his committee rejects all attempts that would lead to a decrease in the size of monetary reserves because it will affect the local currency exchange rate, noting that the Finance Committee met with the Governor of the Central Bank on the Keywords confirmed last to maintain the reserve, whatever the size of the pressure it receives.
Iraq has suffered from a major financial crisis due to lower world oil prices.
Holly1 says(): Details Warning .. Iraq is heading for bankruptcy with the continued sale of treasury of the dollar 01/02/2016 Holly1 says(): 🙂
Movack says(): well if he does replace abadi it will be in the next elections to hlod true to there constition and by then this will be over
Holly1 says(): BAGHDAD / JD / .. warned a number of experts and specialists in the financial and economic affairs of decreasing the amount of cash reserves of hard currency with the Central Bank at the continuation of the sale of the dollar in the auction under the low fiscal revenue of hard currency for the country because of low oil prices, while noting the central bank that the continued selling of the dollar comes to keep the Iraqi dinar exchange rate in the domestic market.
Movack says(): they will not impeach him at this juncture
Movack says(): it would be to k-otick now
da58 says to Movack(): perhaps his purpose is to apply more pressure at this point
Holly1 says(): He said Quraishi told / JD / A reduction in financial revenue of the state of hard currency in light of the low world oil prices this means that the central bank began to draw on cash Balaanaat when it is sold to the dollar in the auction and this is a violation of the law, stressing that the continuation of the central bank sold the dollar will lead to a decrease in size monetary reserves and this will lead to the bankruptcy of the state altogether.
For his part, the financial expert David Zayer warned of the bankruptcy of the Iraqi state in the event of continued central bank selling treasury of the dollar.
Movack says(): could be who knows but our fatheer
da58 says to Movack(): true
larrykn says(): da58 that is what I’m thinking too
Holly1 says(): Zayer said, “The depletion of central bank balance of the dollar will arrive to the bankruptcy of the state, after he crossed the stage of the bankruptcy of the government, because this depletion leads to yellowing of the bank balance of hard currency.”
da58 says to larrykn(): mornin larry.. probably…something has to give pretty soon imo
Holly1 says(): Zayer said he “supposed dollar money that comes from the oil riches of other investment and project management, and not turn them into consumer products, because the financial reserves in the world where more than, more than economic weight, but that happens in the country that we alter this hard currency local Iraqi dinar, which does not benefit beyond its borders. ”
The parliamentary Finance Committee has to resort to the use of central bank cash reserve of hard currency to sell the dollar Bmzadeh ruled out, calling on the central bank to maintain the exchange rate of the dinar, without prejudice to his cash balance.
Holly1 says(): calling on the central bank to maintain the exchange rate of the dinar, without prejudice to his cash balance.
Holly1 says(): Said committee member Ahmed Sarhan told / JD /: “We do not believe that the central bank monetary manipulation Balahiat or use of it in the process of open sale to the dollar in the auction because this process can not be used as a harm the public economy and the financial situation of the state.”
He added that the central bank must take serious action to keep the dinar exchange rate against the dollar without prejudice or manipulation of the cash reserves of hard currency.
Holly1 says to rcookie(): you reading this 🙂
Holly1 says to subgirl(): For his part, said Governor of the Central Bank on the Keywords that the continuation of the central bank to sell the dollar in light of reduced state financial revenues comes to keep the dinar exchange rate against the dollar in the domestic market, denying at the same time manipulating the cash reserve.
Holly1 says to subgirl(): The official document of the Finance Committee in Parliament revealed that the central bank sold the amount of the US dollar in the past year more than in 2015 and Iraq’s imports of foreign currency obtained from the sale of crude oil in the same year.
The document showed that the country’s oil revenues for the year 2015 amounted to $ 38 billion, while sales of the bank in the same year was more than $ 44 billion, a difference of more than five billion dollars, that is what sold Iraq of foreign currency more than its imports from them.
Holly1 says to subgirl(): Iraq is facing a financial crisis due to the sharp decline of oil, in terms of financial budget for this year with a total expenditure of more than 105 trillion deficit accounted for 22.8%, reaching a total revenue of the 81 trillion and 700 billion dinars, the oil revenues, of which 69 trillion and 773 billion dinars The increase of 85.1% from total revenues, while non-oil revenues amounted to more than 11 trillion and 927 billion dinars The increase of 13.6% of total revenues. / end / 8 /
tman23 says(): President Masoum, PM Abadi, Nouri al-Maliki, US and UK Ambassadors received the Kurdish delegation……… SO WHY WOULD BARZANI MEET WITH MALIKI……WHY ??????? MUST HAVE SOME INFLUENCE….LOL……. http://www.basnews.com/index.php/en/…rdistan/256504
larrykn says(): tman23 isn’t Maliki still thinking he is the VP but in reality he is not
Movack says(): I am guilty of what i stated
kayb says(9:39 AM): Why would the US and UK ambassadors be meeting with the Kurds, Masoum and Abadai? It is a curious group, to say the last.
kayb says(): Maybe Maliki is trying to cut his deal!! LOL
Holly1 says to subgirl(): Work confirms the granting of soft loans to raise the capacity of the private sector 01/02/2016
Holly1 says to subgirl(): BAGHDAD / JD / .. confirmed that the Ministry of Labour and Social Affairs to grant soft loans to help job seekers and marginalized groups in society who are able to work, which would contribute to raising the capacity of the private sector and not to total dependence on oil exports.
A spokesman for the Ministry of Labour and Social Affairs Ammar Menem in a written statement / dinars / received a copy of it: that the ministry, confirmed the granting of micro-credit income-generating in order to raise the private sector capacity and not rely on private oil exports after lower prices and the state of austerity we are going through.
Josie says(): good grief…
tman23 says to larrykn(): Maliki met with Barzani separate…….not in any settings with GOI officials…… Maliki has no role in the GOI…….So why would Barzaini meet with him ?????? The only answer I have is Maliki is a major force……..
Holly1 says to subgirl(): He explained that the ministry has since lent to embrace the granting of loans within the fund to support income-generating projects for the period from 01/12/2012 until 12/31/2015 (18190) micro-projects in Baghdad and the provinces except the province of Kurdistan and (10250) micro-projects in Baghdad and the provinces except the province of Kurdistan Within the national strategy for poverty alleviation during the same period.
Holly1 says to subgirl(): And between Menem: that the Fund’s Board chaired by the Minister of Labour and Social Affairs and consists of seven members of the rank of director general of the ministries (labor and social affairs, finance, planning, industry, minerals, trade, agriculture, and the Directorate General for Industrial Development) and the Council may enlist the expertise and competence in issuing its decisions.
wilson6060 says to Movack(9): It is all good my brother….smile…
Holly1 says to subgirl(): disabilities of the poor, unstable families and places in the landfill, and those released from prison who ye profession in prison, and the beggars of the people of the province without the other, and researchers working poor especially breadwinners for their families, and displaced people returning to their home areas). / End / 22 /
subgirl says to tman23(): INteresting!
Holly1 says to subgirl(): Abadi’s office announced a plan to overcome the financial crisis Today, 12:02
Holly1 says to subgirl(): The official spokesman for the office of Prime Minister Saad al-Sabri revealed that there is coordination with the World Bank and the International Monetary Fund to deal with the financial crisis in Alarac.wachar that these two institutions have experiences in this regard, and we can take advantage of A_i_arathma.
Holly1 says to subgirl(): The governor of Najaf investment opens the door to international companies and prepared by a global “center of attraction”
Holly1 says to subgirl(): Declared the governor of Najaf Luay al-Yassiri, on Sunday, that the doors of the province is open to international companies to invest in the economic, agricultural and urban area, as pointed out that the province is the first financier in Iraq for crops of wheat and rice as well as with its tourist and economic benefits “universal.”
he said Luay al-Yasiri in an interview with the (long-Presse), on the sidelines of a meeting with a delegation of investors and businessmen from the Republic of Poland, “The province of Najaf is a world-class economic and tourist city and opens the doors of cooperation and investment with all countries of the world in various economic, agricultural, construction and tourism sectors,” noting that “local government is seeking to network communication and cooperation with the countries of the world for the benefit of the province and developed by expansion.”
Holly1 says to subgirl(): Yasiri He added that “there is a possibility for joint cooperation with the Polish side to develop the sector and the introduction of modern technologies in agricultural work ” asserting that” Najaf is considered funded the first to harvest rice and wheat in Iraq and the agricultural sector requires his rehabilitation in line with global developments in this sector, ” he said, adding that “the doors of the province is open to all international companies for investment banking and development.”