Doesn't mean it isn't happening it's just not evident to me. I will continue my search tomorrow.
But there is much financial talk talking about supporting the national product, calling for the gas law to be done, oh the President signed the budget today but what does it all mean? hahaha
They have arranged to make a new port with Iran, how do you do that with no tariffs????
And then there is the announcement that the Dong is depegging from the dollar I will post that article here.
So there were a lot of articles but I'm only going to post a few here today and we will see what happens tomorrow.
Wasit announces the approval of the prime minister to open a new port with Iran
LINK
Interesting a new port with Iran and are the tariffs active? hmmmm
03/01/2016
Direction Press / Baghdad Governor of Wasit owner behind announced the approval of the prime minister to open a new outlet in the province with Iran to ease the momentum the rest of the ports in the entry of visitors and goods.
This came during a meeting with a delegation from the governor of Ilam bordering with Iran and Wasit, headed by Mohammad Reza Mroira governor and the mayor of Mehran and his accompanying delegation.
The two sides discussed according to a statement to the Office of the Governor of Wasit "direction Press" received a copy of "the most important development of several topics Shihabi border port, as well as commercial, industrial and agricultural trade between the two parties."
He pointed governor of Wasit province, according to the statement, that he "will not open a coordinating office for both parties, one of them in Wasit and the other in Eelam in the coming days in order to facilitate trade exchange between the two governments LAN's in Wasit and Eelam process," stressing "to get official approval from the prime minister for the development of border port where you will It is to start working in the port with the beginning of the new year. "
He pointed out that behind the "open Shihabi port will reduce the momentum of winning Zurbatiyah border port, as well as to facilitate the process of trade exchange between the two sides in addition to the central and southern provinces."
Infallible approve the federal budget for the current year law
Alsumaria News / Baghdad
A spokesman for the Presidency of the Republic Khaled Huani, Sunday, President Fuad Masum endorsement of the federal budget law for the current year, among the president stressed the importance of adhering to adjust unnecessary expenses and the provision of basic social services a few slices of income.
Said Huani in a press statement issued by the Information Office of the Presidency of the Republic, and I followed Alsumaria News, "President Fuad Masum, honest, on Sunday, the Federal Budget Law No. (1) for the current year," explaining that "the President stressed on this occasion the importance of adhering to adjust expenses and taking into account the necessary social service a few slides income and provide basic services in this emergency situation through which the country. "
A spokesman for the Presidency of the Republic Khaled Huani, Sunday, President Fuad Masum endorsement of the federal budget law for the current year, among the president stressed the importance of adhering to adjust unnecessary expenses and the provision of basic social services a few slices of income.
Said Huani in a press statement issued by the Information Office of the Presidency of the Republic, and I followed Alsumaria News, "President Fuad Masum, honest, on Sunday, the Federal Budget Law No. (1) for the current year," explaining that "the President stressed on this occasion the importance of adhering to adjust expenses and taking into account the necessary social service a few slides income and provide basic services in this emergency situation through which the country. "
He Huani, that "the President of the Republic reiterated his thanks and appreciation for all the efforts that have contributed to the preparation of the budget, study, review and discussion and legislation, whether in the government or in the House of Representatives or in the media, which role was vital in all these phases of the project."
The General Secretariat of the Council of Ministers directed, on Sunday, some ministries have filed an appeal with the Federal Court in the amendments made by the House of Representatives on certain paragraphs of the 2016 budget.
And it warned the parliamentary bloc of the Alliance of Iraqi forces, in (December 30, 2015), the government of trying to challenge the terms of 2016 budget, arguing that such a move if I got it "a coup against the constitution," while threatened to withdraw its ministers from the government and lift the lid on any one of them does not stand with displaced people and volunteers.
The General Secretariat of the Council of Ministers directed, on Sunday, some ministries have filed an appeal with the Federal Court in the amendments made by the House of Representatives on certain paragraphs of the 2016 budget.
And it warned the parliamentary bloc of the Alliance of Iraqi forces, in (December 30, 2015), the government of trying to challenge the terms of 2016 budget, arguing that such a move if I got it "a coup against the constitution," while threatened to withdraw its ministers from the government and lift the lid on any one of them does not stand with displaced people and volunteers.
and there was many of these articles out covering this, so that is big news to them, I did watch their tv but it was mostly reruns of the new year's celebrations.
Stock market: companies' capital increase to more than 8 Trillion Dinar
BAGHDAD / Karim Jassim al-Tai / .. stressed the Executive Director of the Iraqi market for securities, Taha Ahmed Abdul Salam increase funds of listed companies to the heads of more than eight trillion dinars, while noting record 98 joint-stock company.
Abdel-Salam said in a statement the agency / JD /: that's the market was able to include 98 joint stock company in the market, which contributed to increase their capital to 8 trillion dinars.
He explained that this increase is too large equity block, noting that the banking and corporate banking sector occupies 62% of the total funds listed capital.
He said Abdul Salam that the high total funds listed 5 trillion capital to 8 trillion is the result of a new company is the communications ring company to include a capital of more than a trillion dinars, as well as the contribution of increased capital for a number of banking companies in implementation of the decisions of the Central Bank of Iraq last which confirmed to be limiting Near the capital of these companies 250 billion dinars.
He said Abdul Salam that I have a job market plans will be implemented during 2016, the most important stimulate investment through the Board of Governors and in cooperation with the Securities Commission and the Central Bank of Iraq.He called for there to be organizing the process of trading bonds exclusively in the Iraq Stock Exchange. / End
Baghdad Investment announces Mall at a cost of Babylon {15} million dollars
{Baghdad: Euphrates News} Baghdad announced that the board of investment, the establishment of Babylon Mall {} {15} at a cost of million dollars.
It is according to the Authority in a statement received by the agency {Euphrates News} a copy of it on Sunday that "Iraq is witnessing a period of economic openness despite the challenges they managed the board Baghdad Investment granting of investment licenses for all sectors," pointing out that "tourism and the commercial sector took great interest in, and open doors wide in front of investors from the private sector to play its role in activating the national economy.
The statement continued, "of investment projects Babylon Mall project for the company Arab shade to set up a shopping mall modern project comes in the Mansour Daoudi widget numbered 327 \ 2 \ 20 where designed the mall to include newly commercial center for many commercial shops and consists Mall of seven floors with cars full-service position, In addition to a coffee shop and cafeterias, restaurant and hall building, a cinema and a variety of services to shoppers objects. " In conclusion, the Authority according to the statement that "the investment cost of the project {15,000,000} dollars and an area of total 2 acres and 11 Ulke and 60 M2oukd reached completion of the project to {75% ratio} Work is under way to implement it in accordance with the time limit set his" .ant
Vietnam to announce central rate for dong/dollar daily - central bank
HANOI Jan 3 (Reuters) - Vietnam will announce a central rate for the dong/dollar each day starting from Monday, shifting from a fixed rate of 21,890 dong/dollar to allow more flexibility, the central bank said on Sunday.
"The policy will allow the foreign exchange rate to be (more) flexible ... in accordance with the demand and supply of foreign currency within Vietnam and changes in the global markets while still maintaining the State Bank of Vietnam's (SBV) management role," SBV said in a statement on its website.
Under the current system the dong trades around its fixed rate, which the central bank adjusts only occasionally.
Banks in Vietnam are allowed to trade the dollar within a 3-percent range above or below the central rate. (Reporting by Mai Nguyen; Editing by Susan Fenton)
Vietnam Central Bank to Set Daily Dong-Dollar Reference Rate
The State Bank of Vietnam plans to set a daily reference rate for trading in the dong against the U.S. dollar as it seeks to stabilize money markets.
The central bank, which didn’t say when the new exchange-rate policy will begin, is willing to sell dollars to stabilize the money market and ensure the dong can fluctuate within its permitted trading band, it said in a statement on its website.
The daily reference rate will be based on domestic and international money-market developments. It will take into account movements in major foreign currencies tied to Vietnam’s trade and investment activities, the central bank said.
The State Bank of Vietnam last devalued the currency on Aug. 19, weakening it by 1 percent and widening the trading band to 3 percent either side of the fixing. That followed another trading band widening on Aug. 12. The monetary authority also devalued the currency by 1 percent in January and May.
alright that's it for me... there is a new money article on the Money Article page
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