Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Early Monday 11-13-17
Spectra: DOING BUSINESS IN IRAQ: ON TRACK TO WIDER ECONOMIC REFORM Posted by Iraqi Thoughts | Nov 13, 2017 | Economy -A few months into his term Iraqi Prime Minister Haider Al-Abadi laid out his vision for reforms in front of global leaders at the World Economic Forum in Davos. By the summer of 2015 his political reforms had grabbed all the headlines, overshadowing the reforms he was bringing to the military and economy.
But as the fight against Da’ish draws down, the focus has turned back to the economy. On October 31st the World Bank published its Doing Business 2018 report, an annual report “measuring the regulations that enhance business activity and those that constrain it” and ranks “the ease of doing business” across 190 countries.
Post From Dinar Alert
Iraqi News Highlights & Member Comments 11-13-17
Central Bank of Iraq (CBI) News > A simulation of the dinar exchange rate linked to a basket of currencies
Tammy44 Moderator A short search to experience the simulator about linking the Iraqi dinar to a basket of currencies with weights varying between 50% and 65% of the dollar and other currencies remaining price (Dr. Ahmed Ali Abrihi)
Kaperoni Moderator I translated the first two pages describing the proposal.
Samson: The agenda of the parliament session on Tuesday
The House of Representatives resumed its regular sessions on Tuesday.
The agenda includes "voting on the draft law on ratification of the mutual encouragement and protection of investments between the government of the Republic of Iraq and the government of the Islamic Republic of Iran, voting on the draft law amending the law of the union of accountants and auditors and voting on the draft law of the second amendment to the law of the Central Bank of Iraq issued by Order No. 56 of 2004 Coalition Provisional Authority (CPA).
It also includes "voting in principle on the draft law on the lease of agricultural land and voting on the resolution of the water crisis in Samawah, voting on the recommendations of the Committee of Displaced, Displaced and Expatriates regarding the return of displaced persons to their regions and voting on the accession of the candidates to the Committee of abductees, } ".
(Reposted from the Recaps comments section)
DR. CLARKE (11-12-17) - OPINION:
Remember this printing from our 8-8-17 Post:
"REMEMBER our Last Post (7-27) when we mentioned how important the “Weather” was?….well, the “GROUND” is about to Shake, BIG TIME!…….find something SOLID to hold on to….”Literally”.
In more ways than one, “Mother Earth”, is about to make a Statement, to remind everyone, that we all must “LIVE HERE”, to “BE HERE”.
LAST WEEK, a Super Typhoon hit the center of Vietnam, equivalent to a Category 4 Hurricane, dumping record rainfall & flooding, just One Week RIGHT BEFORE the APEC's last Meeting this weekend in DA NANG, of the "Leaders Summit" in Vietnam, where all the Leaders of the 21 Countries met this past Friday & Saturday (yesterday the 11th)
TODAY, the Nov. 12th (Sunday), a 7.3 earthquake was registered in IRAQ - Kurdistan to be exact, on the Iraq-Iran Border. This is the largest Earthquake on Record for the country of Iraq. That previous record of 7.2, took place 88 Years Ago.
WHAT'S GOING TO HAPPEN this week, RIGHT AFTER the Earthquake in IRAQ?.....
[JESTER] HELLO AND HAPPY SUNDAY EVERYONE...
[RPharmer] Jester Thanks for your FB post
[JESTER] RPharmer EVERYONE WAS LOOKING TOO HARD SO I FIGURED I'D JUST PUT IT FOR YOU... HAHAHA
[RPharmer] JESTER That was very kind :)
[JESTER] WELL I HAVE WORD THEY ARE UP TO LIKE 894 NOW...(sealed indictments) THAT WILL PROBABLY COME OUT IN A DAY OR SO...
[RPharmer] JESTER Oh my gosh!!!! I thought 400 was very high...wow!!!
Apmcrx: Iraqi banks .... and the road map to Basel 3
The recent financial crisis in 2008 prompted a thorough and comprehensive review of global financial and banking activities, rules and regulations, revision of prevailing preventive control standards and policies, and comprehensive studies and analysis of the causes of the crisis and imbalances.
In 2010, Which is called the Basel III Banking Supervision Committee, which is the extension and development of the Banking Supervision Standards and Rules for Basel II and Basel II and the addition of some new standards in an effort to avoid previous weaknesses and gaps.
To strengthen and strengthen the global financial system, strengthen the resilience of the banking sector, make it more resilient to risk and withstand potential financial shocks.
The new guidelines require strong capital of financial institutions as well as the creation of capital buffers and hedging lines against volatility Economic development.