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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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Failure" of the Iraqi banking pays money to Iran as the "green light" from the clerics and leaders o

rocky
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Failure" of the Iraqi banking pays money to Iran as the "green light" from the clerics and leaders o Empty Failure" of the Iraqi banking pays money to Iran as the "green light" from the clerics and leaders o

Post by rocky Sun Sep 04, 2016 3:34 am

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"Failure" of the Iraqi banking pays money to Iran as the "green light" from the clerics and leaders of factions


 Baghdad / Muhannad Jawad 

Iranian banks succeeded in attracting the Iraqi capital in the phenomenon began to widen through the granting of facilities and benefits attractive untapped distrust Iraqi counterparts, where armed Shiite factions and religious fatwas played an encouraging role on those investments, with the exception of specialists invest the Iraqi capital in the neighboring countries , "danger" Iraqi economy threatens, the Finance Committee in the House ofRepresentatives called for the "re - examine" the work of Iraqi banks and banking policy. 

$ 100 for every 10 thousand 
decided Adnan Kazim, a resident of Sadr city, in eastern Baghdad, the sale of his house with two floors, measuring 144 m2 and move to live in Iran after he invested his money in banks, taking advantage of thebenefits of "tempting" awarded by enough needs. 
He says Kazim, in an interview to the (long - Presse), he said that " the value of his house stood at 230 million dinars, equivalent to about 176 thousand dollars, which invested 120 thousand dollars of them in one Iranian banks , "noting that" the Iranian bank gives $ 100 a month for every 10 thousand dollars. " 
he adds Kazim, he" moved with his family of nine members, to live in the city of Mashhad , four months ago ,where he rented a house priceless appropriate compared to his counterpart in Baghdad, "returned to" Iranian banks safer and more confident of their Iraqi counterparts. " 
confirms Kazim, that" life in Iran is less expensive than Iraq , as the US $ 320 a month enough for him and his family a month , "he said , adding that" many jobs available in Iran, where he works as the conduct ofcurrency provides the equivalent of 40 Tomana a day to meet the expenses. " 
He continues , Kazim, that" three of his children joined the private schools affiliated to the Iraqi Ministry ofEducation in the city of Mashhad, in return for an annual fee of $ 300 , including transportation costs, "he , "lower prices for food and household needs in Iran than it is in Iraq." 

Shiite factional leaders and clerics "pave" to invest 
in Iran , in 
turn , decided citizen Hussein Abbas, a resident of Sadr city also invest 10 thousand dollars in one of Iranian banks, returned to the banks , " a safer and more confident" of Iraqi counterparts, and, underscoring that " the armed Shiite factions leaders are the first to have begun to invest their money in Iran, it was revealed that hundreds of people have begun to invest there after a fatwa from the clergy. 
He says Abbas, in an interview to ( long - Presse), said that "Iranian banks give more facilities to the foreign investor without complications or conditions obstructive," returned to "Iranian banks safer and more confident Iraq that began declare bankruptcy after it missed depositors ' money, without stirring the central bank and other stakeholders a finger. " 
confirms Abbas, that" the armed Shiite factions leaders and its members, who first began to invest their money in Iranian banks to follow them after hundreds of people , "adding that" fatwas clergy that there areno forms of illegal benefits given by Iranian banks, on the grounds Iran is an Islamic state does not deal withriba, paved the way for investment in those banks. " 

expert: dangerous phenomenon that threatens the Iraqi economy and the owners of the funds themselves 
contrast sees banking expert, that the " loss of confidence " of Iraqi banks forced the owners of the funds to seek to invest abroad, while longer that involves "significant risks" to the Iraqi economy and the investors themselves, calls for the development of quick solutions to restore confidence in national banks and activation of the financial and banking sector for the elimination of usury, money laundering and fraud. 
He says Abdul Hassan Ziadi, in an interview to the (long - Presse), said that " a number of reasons led to thewithdrawal of the Iraqi capital to neighboring countries, such as Iran, including the activity of the Iraqi private banking sector has become virtually non - existent in terms of interest and investment , "noting that" theIraqis are now do not trust banks own what forced them to run their money in other countries. " 
He adds a banking expert, that "Iranian banks granted the benefits increase more than 15% to attract investors and owners of the funds, which encouraged a lot of Iraqis to sell their property and transfer their funds to it , " adding that "Jordan has succeeded is the other in attracting deposits and huge investments inIraq because of the financial and security stability and gives him the facilities and benefits. " 
He continues , Ziadi, that" the Iraqi banks were previously attracts a lot of people, but they have lost their confidence because of the nature of their work, "returned to" invest the Iraqi capital in the neighboring countries pose a threat to Iraq 's economy , but the Iraqi citizen himself ".oaazzo expert banking, to " thedifficulty of retrieving the Iraqi citizen money from Iranian banks, they will not allow it and will not allow any other nation because the output of these funds means collapse , " explaining that " the output of money from Iraq is easy , but returned to it would be extremely difficult." 
It demands Ziadi, government agencies need to "prosecute the both promoted to invest money in Iranian banks or any other country , " stressing the need to "develop quick solutions to avoid any threat to the Iraqi economy as a result of the proliferation of those bad phenomenon and control." 
It calls Ziadi, to "re confidence in national banks and encourage them to give appropriate depositors benefits as well as the activation of the financial and banking sector for the elimination of usury, money laundering and fraud , "and urged citizens to" invest their money in the construction field in Iraq as an area profitable and safer than depositing Bmassarv neighboring countries. " 

parliamentary claims to reconsider policy banking and warnings from the outflows of the 
Finance Committee in the House of Representatives phenomenon attributes to the "failure" of the Iraqi banking policies, and demanded to investigate the causes of this phenomenon, as warned of "serious repercussions" on the national economy. 
According to committee member Majda al - Tamimi, said in an interview to the (long - Presse ), " The loss ofconfidence in Iraqi banks, after the bankruptcy of many of them and not to return depositors ' money, he had a lot of money to resort to Iranian owners , " asking to "re - examine the work of Iraqi banks and banking policy to restore citizens ' confidence and trust." 
She adds Tamimi, that "out of money Iraq to neighboring countries constitute a big loss for the national economy especially as the country is in financial distress, "attributed the reasons for asylum Iraqis to take out their money to neighboring countries and the government 's need to borrow from the World Bank to" banking policy and lack of dependence on international standards failed, and not the central bank to the work of banks control " . 
calls Tamimi, to "investigate the causes of this phenomenon and whether deliberate or spontaneous," andwarned of "grave consequences for the national economy repercussions." 
the specialists were charged, in the (17 July 2016), in charge of banks granting government loans to "circumvent "on the controls and" blocking " is granted, and criticized government agencies for" marginalize " the role of the private sector, economists and not to cooperate with them to" overcome the deficiencies "in their actions, as expressed industrialists from the surprise of changing conditions granted five times so far, complained citizens and staff "complexities" that prevent the achievement of their dreams to obtain housing units. 
the Central Bank of Iraq confirmed, in the July 15, 2016, the possibility of compensating depositors of citizens in banks , "losers" in case it worked , "deposit Insurance" company, while attributing bankers reluctance ofprivate banks to "liquidity squeeze" as a result of contractors and importers were unable to pay the discharged her. 
it was House Speaker Salim al - Jubouri on June 19 called on the 0.2016, to amend the banking Act in line with the developments of the stage, as called for the formation capable of resolving the private banks and theproblems financial Court and stakeholders. It is 
noteworthy that the central bank announced, in ( the seventh of June 2016), the cabinet approval for theestablishment of a deposit guarantee in the government and private banks with a capital of 100 billion dinars, while the company aims to stimulate citizens to deposit their money in banks rather than Aktnazha, he stressed that the money chunky citizens outside banks of more than $ 30 trillion dinars. 
the Association of private banks confirmed, in March 2016, that Iraq is suffering a shortage of liquidity due tolower oil prices, and promised that the main problem in Iraq lies in the management of funds, in while theparliamentary Finance Committee denied the existence of a scarcity of funds, stressing that the Iraqi government is able to pay salaries for the remainder of 2016.
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