Part 1 - Featuring BGG
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Doug_W says(6:02 AM):
GM Digi
Doug_W says(6:02 AM):
brb
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(7:10 AM)Bosun Commander changed nickname to Cmdr!
magnetlady says(7:12 AM):
Good morning Digi, Doug
magnetlady says(7:13 AM):
Things are going so fast in here how are you keeping up?
magnetlady says(7:13 AM):
hahaha
digiman1 says(7:13 AM):
its the high-octane coffee....
Pablo says(7:13 AM):
Well, over a month now, still no update on the CBI site.
magnetlady says(7:14 AM):
Oh well guess I'd better drink mine
magnetlady says(7:14 AM):
Wow Pablo. Well that has happened before too where it went a long time without an update as I remember.
magnetlady says(7:16 AM):
You know as they say in the cooking world, a watched pot never boils. (lol)
digiman1 says(7:16 AM):
yes...once before that ever recall....and ive watched this for about 6rs....last time was 22 days....
Doug_W says(7:23 AM):
but whos counting Eh Digi?
Doug_W says(7:24 AM):
ok back to teh grind here this AM ....busy day
magnetlady says(7:24 AM):
morning Doug
Doug_W says(7:29 AM):
hiya MAGGS
jfd says(7:53 AM):
I guess that the 1 month update on CBI rules dont really apply for Iraq?
magnetlady says(7:54 AM):
jfd, it appears at least for this particular month.:)
(7:54 AM)*MOD.magnetlady.copy changed nickname to *MOD.magnetlady!
jfd says(7:55 AM):
So much for Franks ideas.
(7:55 AM)BGG was kicked out by BGG!
magnetlady says(7:55 AM):
Well you were warned about going to listen to those people.
magnetlady says(7:55 AM):
({)
jfd says(7:56 AM):
(@)
magnetlady says(7:56 AM):
yuppers, hehehe
BGG says to magnetlady(7:56 AM):
That is true Mags... We have never uncovered any "1 month rule" in print... just some made-up guru B.S.
BGG says to magnetlady(7:56 AM):
we try to stick with facts here.
magnetlady says(7:57 AM):
morning BGG
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digiman1 says(8:08 AM):
Did Noah keep his bees in archives?
(8:21 AM)flynn was kicked out by flynn!
(8:21 AM)flynn was kicked out by flynn!
ol lar says(8:26 AM):
lease 6000 acres for 3/10 cent ,wow what a deal
(8:37 AM)mshale was kicked out by mshale!
flynn says(8:39 AM):
Good morning All, I have a app on my phone and been following the fight against ISIS for months and there is very little going on around Mosul. Sure looks like the are not in any hurry. I would think they would want to get this done. the ap isliveuamap
Doug_W says to flynn(8:46 AM):
is it possible that they have most of them gone and they are disciussing the best way to get the rest ot of there now?
flynn says(8:49 AM):
Hi Doug Is weater good down south. this app shows who has what and there is no control on west side other then isis
flynn says(8:57 AM):
This app could be wrong but is has been spot on in the last months. I hate to see anybody die i hope Isis
Doug_W says(9:00 AM):
its about 70 and cloudy here today
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flynn says(9:01 AM):
30 and sunny in ILL
Doug_W says(9:01 AM):
what part of Ill?
Doug_W says(9:02 AM):
ILL
flynn says(9:02 AM):
central
Doug_W says(9:02 AM):
same here in Fl
flynn says(9:02 AM):
will there soon
Doug_W says(9:03 AM):
been here 35 years and sold everything 2 get here then
Doug_W says(9:03 AM):
we were SO broke I bartered with new neighbors for seeds 4 the garden lol
flynn says(9:04 AM):
wow8-|
Doug_W says(9:04 AM):
there is always a way UP in America if U look 4 it
flynn says(9:05 AM):
yes you are correct
Doug_W says(9:05 AM):
bbiab AM meds and brekkie time
flynn says(9:05 AM):
enjoy
Doug_W says(9:13 AM):
ty eating a fresh picked orange
(9:25 AM)dinarstudent was kicked out by dinarstudent!
Hunter says to Doug_W(9:51 AM):
Sure is taking you a long time to eat that orange...:D
(9:51 AM)garygs415 was kicked out by garygs415!
Doug_W says(9:57 AM):
folding laundry now
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tycho says(10:25 AM):
good morning
Doug_W says(10:42 AM):
...
digiman1 says(10:43 AM):
nice dots...
Doug_W says(10:43 AM):
ty I try
loop says(10:52 AM):
Weights consistently low dollar exchange rate
5/2/2017 0:00
BAGHDAD Farah pumice
form of low dollar against the Iraqi dinar last week active hardly be noticeable in the local markets, where economists believed to have belonged to the procedures followed by the Central Bank, along with the weakness of international trade.
The record price of the dollar against the Iraqi dinar in the domestic market in 1285 dinars, while the last price before dropping in 1305 dinars. He attributed the economic expert on behalf of Antoine continued decline in the dollar 's exchange rate against the Iraqi dinar, for several reasons , most importantly, the continuation of the central bank introduced amounts of the dollar on the one hand, and get the kind of economic recession in the country, where trade operations infected with inaction and paralysis that reduced the demand for the dollar and led to decline, on the other hand.
Central sales
and sold the Central Bank for banks in the last auction of the currency amount of the dollar is estimated at (157,588,076) dollars, where the central adopted sale amounts transferred to the accounts of banks price abroad (1190) dinars per dollar, the price of cash sales (1190) dinars per dollar.
And he saw Antoine in his statement to the "morning" that this case has several benefits from them, will lead to the reduction of imported goods mainly, but he wondered how serious traders to reduce the actual goods, to support the local market on one side, and the subsidy citizen on the other.
Also it pointed out that the market stagnation in the overall situation and weak demand for goods and the fear of citizens from shopping in large quantities, led him to keep the currency as well as the statements the new US administration has created confusion in the general situation in the country contributed another decline in the dollar 's exchange rate against the dinar .
Monopoly currency
For his part , thinks financial expert , Dr. Hilal Taan that for speculation some banks and banking and currency monopoly is the main reason for the fluctuation of exchange rates in the market.
The likely fall in the exchange rates, after the central bank measures introduced foreign currency as well as sell the currency for travelers, became available in the local markets, which I consider one of the reasons that led to the price cut.
Besides, Taan said in a statement the "morning" to the trade at the present time have been recorded fold over the same period last year, as well as local market trading indicators and keep citizens in foreign currency owned by him , led him to reduce the demand for the dollar.
He said the decline in the exchange rate contributes to the reduction of prices of imported materials and give the power of the Iraqi dinar also lead to the restoration of the local market activity.
Exchange rates
and Taan called on the competent authorities to seek to make the exchange rates of the dollar against the Iraqi dinar to approach adopted in the federal budget, and there to become active in the local markets and get the economy moving in the country.
loop says(10:52 AM):
According to Article 1 of the federal budget for the year 2017 Act states: ( b ) revenue from the export of crude oil is calculated on the basis of the rate of (42) (forty - two dollars) per barrel and the rate of export of (3750000) barrels per day (three million seven hundred and fifty thousand barrels per day) , including (250,000) barrels per day (two hundred and fifty thousand barrels per day) for product quantities of crude oil in the Kurdistan region and (300,000) barrels (three hundred thousand barrels per day) on the quantities of crude oil produced by the province of Kirkuk , on the basis of the exchange rate (1182) dinars per dollar , and that all revenue actually income once the public treasury of the state to account.
larrykn says to loop(10:56 AM):
they will be doing very well , the budget is calling for a 42 dollar per barrel an at this point oil is above 52, thats above an beyond what they are calling for which goes right into the reserves , right?
(10:57 AM)scooterbob was kicked out by scooterbob!
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loop says to larrykn(11:08 AM):
Correct. For every dollar a barrel over $42.00 it will mean an extra 1.4 billion dollars that can goe towards the deficit. Bloomberg has the spot price for brent crude trading at $56.81. If it stayed at this level it will mean $20,734,000,000.00 extra.
loop says(11:09 AM):
Parliamentary Economy: Central Bank reserves of hard currency under control and there is no fear
Business & Finance
Economy News / Baghdad ...
Ruled out a member of the Economic Committee MP Najiba Najib, the impact of lower central bank reserves negatively on the state budget, saying, that the monetary policy of the central bank's prudent policy in accordance with the logical economic plans.
She said Najib in a press statement that "the decline in cash reserves at the Central Bank of $ 66 billion at the end 2014 to $ 45 billion now will not affect the Iraqi economy, attributed it to improved oil prices and a height of 30 to more than $ 50 in addition to the high-volume quantities of oil exporting Maigarb / 4 / million contributed to higher state revenues and the introduction of foreign operation, a golf major role in saving the country's economy. "
She said, "So far, the central bank reserves of hard currency under control and there is no hard currency on fears the deterioration in Iraq."
She continued, "The monetary policy followed by the central bank during the recent period, which has suffered from the decline in revenue is sufficient to cover the salaries, the bank managed and supported by the International Monetary Fund to take several decisions, including making the central bank reserves serve the social development process and plays a role in the financial crisis, so I was able coverage of public spending by feeding Treasury bonds to pay salaries and cover the expenses of the war. "
jtank says(11:11 AM):
they are using 10 bill a year
digiman1 says(11:13 AM):
If I melt dry ice, can I take a bath without getting wet?
loop says(11:19 AM):
Banks and Development
Blog
Economy News / Baghdad ...
Samir Alnasiri
In line with the central bank plans to move the banking sector of Iraq from the role of banking to the developmental role and aim of the contribution of banks to participate in the revitalization session of the Economic and support the financing of development projects in strategic and large through which to build a strong national economy and sustainable development ultimately serve the Iraqi people and their aspirations for a better life.
The central bank has initiated the proposal to set up a fund for investment and development that this initiative if achieved, it will transfer the banks of the role of banking to the developmental role because the banks must have a clear and essential role in the Economic Development and be his share of contribution to the GDP in economic conditions Aalassabh that plagued Iraq now because of lower oil prices and the war on terrorism and the effects of the economic recession of the subjective and objective reasons.
And can not be achieved it is that the funds are employed citizens Deposited with the banking system and the investment community in financing big projects and with a clear impact is reflected to provide important services and essential to the community.
The entry of the banking sector in this national effort will inevitably lead to the achievement of the following objectives:
1. Rise by the contribution of the private sector in GDP. Planned proportions in the private sector development strategy .
2. Effective contribution to the implementation of the year private sector development strategy (2014-2030) Bti_gal 30 percent of the workforce and accommodate them in the completion of these projects and reduce the percentage of unemployment to acceptable limits during the next three years.
3. Implementation of the false government program in the third axis (to encourage the shift to the private sector and materials (Op existence), which defines the role of government.
The involvement of the private sector in the decision Alavtsade sector and give a key role in funding and investment area for the banking sector industry.
4. Restore confidence in the banking sector when sharing Atamoal banks and participate in the implementation of the strategy to invest in projects that provide basic services to citizens in all areas of sustainable development in agriculture, industry, transport, education, construction and tourism.
To achieve the above objectives requires that the central bank regulates the process of participation of banks among themselves under the supervision and control direct and follow up and coordinate Iraqi private banks association, and can organize the participation of banks in sustainable development on an ongoing basis and within the strategic plan identifies major infrastructure projects and fund Alastosmaralamguetrah achieve it.
loop says(11:25 AM):
Private banks association asks for informed members of the Finance and Economic Committees on parliamentary private banking sector challenges
Banks
Economy News / special
Called on the Iraqi private banks association to involve members of the financial and economic parliamentary committees in seminars devoted to discuss the challenges faced by the private monetary policy, the banking sector in the country in general.
He said the Association adviser Samir Alnasiri Speaking at a seminar hosted by the progress the Institute for Development Policy in the presence of Governor of the Central Bank on the Keywords under the challenges of monetary policy title on Saturday that the private banking sector faces a real big challenges, including the reluctance of a large segment of citizens deposit their savings in banks and withdraw another department Adaathm not for reasons of reputation risks .
He pointed out that banks Kasso faces other challenges of the acquisition Government banks to 86 percent of the total deposits, as well as the effects of the financial crisis and its impact on the size of deposits in banks.
Alnasiri and touched on the problems and challenges of other private banks are still exposed, including the theft of the terrorist organization Daesh $ 9 trillion dinars from 126 of its branches in the provinces occupied.
He also pointed to the detention of more than 7 trillion dinars back to private banks in the Kurdistan region represent deposits citizens.
loop says(11:26 AM):
Iraq announces the granting of loans to hoteliers
Banks Rating: 0
Posted By editor
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Economy News / Baghdad ...
Rafidain Bank announced the granting of an operating loan to the owners of tourist hotels for up to (50) million, and the period of grace for 3 months.
Press office of the bank said in a statement received "Economy News" that the bank and out moving the wheel of National Economy announced its agreement to grant an operating loan for hoteliers to up to 50 million dinars and quarterly installments and to ensuring the development of the mortgage, referring to the project itself.
The statement said that the bank put a specific requirement is that the beneficiary has banking facilities or tourist loan guarantee the mortgage property.
(11:51 AM)seadreamer was kicked out by seadreamer!
subgirl says to digiman1(11:55 AM):
let me know when I can give you a break ok? :)
subgirl says to digiman1(11:55 AM):
GA by the way lol
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Doug_W says(12:01 PM):
too late he is Already broken
subgirl says to Doug_W(12:01 PM):
lol :D hey GM to you too lol
subgirl says to Doug_W(12:02 PM):
actually GA lol
Doug_W says(12:02 PM):
its 1 PM here
Doug_W says(12:02 PM):
there ya go
Doug_W says(12:02 PM):
Di is havingt lunch W Hannah
Doug_W says(12:02 PM):
I am batching it again
subgirl says to Doug_W(12:03 PM):
oh no lol lol
Doug_W says(12:03 PM):
yup
subgirl says to Doug_W(12:03 PM):
well have fun lol
Doug_W says(12:03 PM):
my house smells like a taco
subgirl says to Doug_W(12:03 PM):
lol
Doug_W says(12:03 PM):
Di is gonna have taco salads this week
Doug_W says(12:03 PM):
we are having Goulash 4 supper
subgirl says to Doug_W(12:03 PM):
yum... lol lol
Doug_W says(12:04 PM):
yup
subgirl says to Doug_W(12:04 PM):
brb
Doug_W says(12:04 PM):
k
subgirl says(12:35 PM):
Central Bank opens Monday weekly sale of $158 million.
2017/2/5 13:41
[In Baghdad]
Sales of the Central Bank, on Sunday, in a weekly auction opening to sell foreign currency 158 million dollars.
The Bank said in a statement, each agency receives Iraq [where] "the amount sold today reached 158 million, 730, 000, and $805, 1182 dinars exchange rate against the dollar, with the participation of 36 banks and 16 remittance company."
The statement said the sale transfers to bank accounts abroad be priced at $1190 each DT either cash sale price is priced at $1182 dinars. "
"The size of remittance payments and credits totaled 122 million, 60 000 and 805 dollars, while the quantity sold for cash, and 36 000 670 thousand dollars."
CBI drew, bypass banks and money transfer companies and corporate broker for buying and selling foreign currencies to reduce quantities of selling foreign currency from us dollar to wanting to travel outside the country.
Select the Bank "sold $3000 dollars instead of $5000 for citizens wishing to get the dollar to cover the expenses on abroad."
Pablo says to digiman1 (privately)(12:37 PM):
Hello?
Pablo says to digiman1(12:41 PM):
Pablo has closed the private chat window!
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magnetlady says(1:13 PM):
Good afternoon all.
subgirl says to magnetlady(1:13 PM):
Good afternoon :)
magnetlady says(1:13 PM):
Hey subby
magnetlady says(1:14 PM):
Been to church, car wash, grocery and gas, then home and stuff put away. Trash emptied and whoa I'm on a roll.
subgirl says to magnetlady(1:15 PM):
lol
subgirl says to magnetlady(1:15 PM):
Doug_W says(1:17 PM):
I cleaned my kitchen did 4 loads of laundry ran didhwasher did bed linnens made taco meat 4 Di and now made Goulash 45 supper...I QUIT
subgirl says to Doug_W(1:22 PM):
now you can come to my house and do all that lol lol :D
Doug_W says(1:25 PM):
UMMM ....................... No
Continue to Part 2