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Tuesday, October 13, 2015

DINAR GURUS UPDATE, 13 OCT

10-13-2015   Newshound Guru Kaperoni    Parliament:   "The meeting's agenda number (29) Wednesday 14 October 2015 ...The third parliamentary session...   They continue to get a lot of laws to a second reading.  I still believe they will then pass them all at once in a basket.

10-13-2015   Newshound Guru Millionday
   [Do you think with IMF or WB not giving the loan.. Iraq and US will be forced to pull the trigger...? THE WORLD BANK AGREED YESTERDAY TO GIVE IRAQ ASSISTANCE FOR DEVELOPMENT ETC.  MANY HAVE HAD A HARD TIME WITH A "NO FOR A LOAN" FROM THE WORLD BANK BUT -- THEY AGREED TO ASSIST THEM WITH FUNDING GRANTS -- THIS IS BETTER.  KNOW THE MANY THINGS THAT THE WORLD BANK WILL ASSIST WITH AS WELL --- CBI IS OVER BANKS NOW AND THEY ARE ACTIVELY HEAD OF THE BANKING REFORM...SO HELP FROM THE WORLD BANK IS HUGE.

10-13-2015   Newshound Guru wmawhite  ...at any one time there are hundreds of bonds being marketed by countries. If Iraq wanted to up the interest there would have been buyer. Good for them choosing to pull the bonds. Remember, a bonds is the same as a loan...the issuer of the bond is borrowing money and if someone doesn't want to loan you money is not an indication they do not want to invest in you. Instead, it is a business decision on their part.

10-13-2015   Newshound Guru Millionday  [smart cards being used?]  SMART CARDS ARE BEING DELIVERED AND THEY ARE WAITING FOR LOADING.  MANY HAVE THEM IN HAND.

10-13-2015   Intel Guru Hub  there is not insufficient investment interest, there is no intrest in worthless bonds...they need to come up with a value to their currency for people to want to invest in the richest oil country in the world. why would iraq need to sell bonds or borrow money to support their budget. the imf told them no way, stand on your...feet...

10-13-2015   Newshound Guru firefly   Article quote:  "Iraq has halted its plan to issue international bonds because the yield it would have to pay on the debt was too high..."  Who the heck would buy International Bonds at 1085...Not going to happen!  The World Bank said in July it would provide Iraq with loans totaling $1.7 billion, while the International Monetary Fund agreed this year on an $833 million loan program. I would rather see the WB, IMF and UN GUIDING the Government than giving them money! IMO the loans are history.

10-13-2015   Newshound Guru mike   Article:  "Saleh supports the non-issuance of international bonds"  Saleh was all for the bonds until he found out what the rate was going to be, since then, not so much.  Who can blame them?  Here's hoping they're in a corner and realize they need to get their economy opened up and the dinar with some value.  

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