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Newshounds Say We Wait Until After EID...1 Oct.


Luigi1
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Luigi says...

Most experts are looking towards 1 Oct.

Treat as rumors.

These articles are only their opinions.

Your thoughts.

Do we wait?

 

 

 

9-17-2015   Newshound Guru OOTW    THE INVESTMENT LAW... THEY'RE GOING TO RE READ THIS AFTER EID AL ADHA.  THE ONLY CALENDAR I CAN FIND FOR THIS STATES THAT THE HOLIDAY ENDS BY THE 28TH.   Article quote:  "The decision to postpone the vote on the second amendment to the investment law, to after Eid al-Adha holiday, came to the importance of Money Laundering Act," noting that "the Money Laundering Act includes time timings imposed to speed up its approval, and giving priority to vote. "  [GURU] SCZIN11 BROUGHT THIS IN AND IT'S WHAT I CONSIDER A GREAT INSIGHT INTO ANOTHER REASON AS TO WHY THE INVESTMENT LAW HASN'T PASSED BECAUSE THE ANTI MONEY LAUNDERING NEEDED TO BE IN PLACE PRIOR TO THE PASSING OF THE INVESTMENT LAW...A PRESS RELEASE FROM THE MINISTRY OF PLANNING SITE...STATED (IN PART) THAT PART OF THE REASON WAS THAT THE PARAMETERS FOR LETTERS OF CREDIT FOR "CONTRACTORS" STILL HAS NOT BEEN PROPERLY LEGISLATED. 

 

 

 

9-17-2015   Newshound Guru Millionday   Article quote:  "The House of Representatives postponed a vote on its second day of the draft amendment to the Law of Investment Law...The House of Representatives has held its day of the vote and the reading of a number of draft laws regarding been postponed hosted by Chairman Minister Haider al-Abadi until after the Eid holiday."   THE AMENDMENT VOTE FOR INVESTMENT IS REPORTABLY POSTPONED AND THE HOSTING OF ABADI.   Sep 24 Thursday  [to] Sep 27 Sunday Eid-al-Adha holiday National holiday.   [do they work on these holidays?]  IN WHAT I HAVE SEEN OVER THE MANY YEARS -- YES THEY DO.  IT IS A NATIONAL HOLIDAY SO THE WORKER IS IMPACTED.

 

 

 

9-17-2015   Newshound Guru Millionday  THEY ARE RELEASING DOMESTIC BONDS IN IRAQ OCT 1ST WITH A REGULATION IN PLACE IN IRAQ THAT ONLY DINAR IS USED AS THEIR CURRENCY ---  BACKED BY THE USD AND SOLD ON THEIR MARKET ...WHOOPOW.

 

 

9-17-2015   Intel/Newshound Guru tman23  Well I see the investment law vote was postponed...AGAIN...A mystery indeed. But it certainly leads to the theory that the 3 zeros may be required to be gone before the proceed... And I say this because this investment law is tied DIRECTLY to the iisd summit that has started and will end 10/1...with special meetings for agreements closing 10/5.

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