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DINARESGURUS.BLOGSPOT.COM_________________ _______

Saturday, January 24, 2015

MILLIONDAY TIDBIT, 24 JAN

1-24-15 Millionday: THIS IS ROCKING NEWS FOLKS SO GLAD YOU ALL ARE HERE. READ EVERY WORD BEFORE YOU COMMENT.
He Baidhani that Iraq now has the expertise and economic efficiencies in homes experienced enough for taking the lead and initiate self-reliance to develop the economy through reform developmental programs and policies that fit this stage application.

Mentions that there are several factors confirms the possibility of the high value of the dinar against the dollar, the most prominent is the existence of a great desire for investors Foreigners buying the Iraqi dinar, in addition to having an excellent cash reserve, which covers the local currency, as well as the dinar currency traded publicly in the global currency markets.

GLOBAL CURRENCY MARKETS -- THEY ARE GOING TO FOREX. WHOOPOW. I TOLD YOU IT WAS GOOD. WHOOO HOOOO THAT MEANS BACK TO A REALITY RATE FOR THE MARKET. 

S3A CHAT WITH R.V / GCR, 24 JAN

  • Operation don`t blink........phase four w/includes currencies coming quickly.....need to get phase three finished trades first currencies second....YOU`RE LAST

    • Great news! My wife just informed me she is not cleaning the house until the RV happens.... If it does not happen soon I will have to put on an apron and get to work!

    • Is she making you wear anything with that apron?

    • your wife is a wise woman. lol

  • This is still phase Three.....
    • How many phases are we looking at?

    • Two,three weeks ago there were no mention of "phases". He was calling it then as he is now. Making up shit weekly as we go!

    • This is a seven story mountain

    • Roger, got it.  Thanks

  • We are in meetings on Monday the predication is to design how to put together the financing for trade I'll let you know after I go to the post office. It may be a great day. But tomorrow night should bemore forth telling.
    • Thank you PT!! It's all good !!!! PATIENCE AND PERSEVERANCE......

MY LADIES UPDATE :MyLadies Analysis on Article: "Opportunity To Raise The Value Of The Dinar", 24 JAN

MY LADIES: IF YOU SPEAK IT WILL IT COME?

LET’S HAVE A LOOK AT THIS PIECE IT IS VERY EXCITING.


Opportunity to raise the value of the dinar

1/25/2015 0:00

BAGHDAD - Mostafa Hashemi

economists and experts describe the Iraqi monetary policy as good as maintained the stability of the exchange rate under difficult economic conditions and slow march towards progress the country witnessed in previous years, despite Iraq's possession of the elements of the economic boom in all productive sectors.
....
In this context, saw economic researcher state fair The increase in production achieve an increase in income and financial returns requires finding a balance or equation to ensure the continued improvement in the exchange rate with a salary increase to reach the stage commensurate with the productive economy and activating the industrial and agricultural sectors to improve the value of the dinar.

TO ACTIVATE THE AGRICULTURAL SECTORS TO IMPROVE THE VALUE OF THE DINAR.

Iraq has seen in the last ten years a rise in production and exports of oil At a time when the value of the dinar has seen remarkable stability without high mentions in purchasing power.

THROUGH ALL THINGS THE DINAR RATE HAS BEEN STABLE EVEN WITHOUT HIGH PURCHASING POWER.


She said just told the "morning" Now is the chance, despite the difficult circumstances, to activate the productive sectors as stated in the government program of encouraging the private sector and entry effectively to the economic development of By relying on its own resources to the private sector and move his money and invested in the development of economic reality.

THIS IS A POWERFUL STATEMENT. NOW IS THE CHANCE TO ACTIVATE THE PRODUCTIVE SECTORS. AND DO WE NEED TO DO THAT?

THAT’S RIGHT WE NEED A REALITY RATE AND AN INTERNATIONAL CURRENCY.


She noted that the citizens believe that achieved an increase in oil production to ensure a major boost for the dinar in time looking where to direct positive repercussions on their standard of living through the production and export growth, hoping in this matter is resolved through the involvement of the private sector in the development process.

THEY ARE SAYING THE INCREASE IN OIL PRODUCTION WILL ENSURE THE BOOST FOR THE DINAR.


It called economic researcher to develop solutions that contribute to upgrading the reality of living of the citizen and the creation of employment opportunities and jobs for graduates and the unemployed through the activation of the private sector because it possesses the freedom to manage his business and his money away from the bureaucracy that makes production distinct exploited by the efforts and energies of young.

THEY ARE LOOKING FOR SOLUTIONS TO UPGRADE THE REALITY OF LIVING

The academic economist, Dr. Majid Baidhani said earlier in the "morning" to increase the productivity of the individual worker comes through the activation of the private sector and projects in the productive sectors such as agriculture and industry.

THIS ACTIVATION OF THE PRIVATE SECTOR WE HAVE BEEN LOOKING AT

He added: It is necessary to achieve financial revenues through the creation of jobs and opportunities work in the private sector and make it equally with government officials privileges that contribute significantly to the revival of the booming economy, having to rely on the oil industry to activate those opportunities.

He said: that the central bank managed through the implementation of a successful fiscal policies in recent years have contributed a lot in the stability of the market and this is has led his role regarding the improvement of the exchange rate.

THEY ARE SAYING THE CBI IS READY HAVING IMPLEMENTED SUCCESSFUL FISCAL POLICIES.
He continued: Here comes the role of government and the competent authorities to complete drawing this picture by providing focused support to the private sector and the implementation of the government program, which stressed the importance in advancing the country's economy forward.

NOW THEY SAY THE GOVERNMENT CAN COMPLETE THE DRAWING OF THIS PICTURE BY SUPPORTING THE PRIVATE SECTOR

Stressing that the most successful monetary policy is to maintain the stability of the exchange rate provided increased Alantegeh.oasmah IMF to countries with economies in transition implement currency controls to stabilize the economy during the reconstruction phase and this is what served as the local economy over the past years.

He Baidhani that Iraq now has the expertise and economic efficiencies in homes experienced enough for taking the lead and initiate self-reliance to develop the economy through reform developmental programs and policies that fit this stage application mentions that there are several factors confirms the possibility of the high value of the dinar against the dollar, the most prominent is the existence of a great desire for investors Foreigners buying the Iraqi dinar, in addition to having an excellent cash reserve, which covers the local currency, as well as the dinar currency traded publicly in the global currency markets.

WOW!! DID YOU READ THAT! GO AHEAD READ IT AGAIN!!

 SEVERAL FACTORS CONFIRMS THE THE POSSIBILITY OF THE HIGH VALUE OF THE DINAR AGAINST THE DOLLAR. WHEW!! THAT’S A MOUTHFUL

It is said that the central bank was able during the previous years of the reduction of the dollar against the dinar from 1450 dinars to the dollar to 1166 Dinara adopted in the bank.

http://www.alsabaah.iq/ArticleShow.aspx?ID=85286

SO THERE YOU HAVE IT FINALLY THEY ARE TALKING OUT LOUD.

BUCKLE UP BUT STAY GROUNDED THIS IS VERY POSITIVE NEWS.

I WANTED IT READ TWICE IN ARABIC TO BE SURE IT WAS SAYING WHAT I THOUGHT IT WAS SAYING.

TNT CHAT WITH ALREADY BLESSED, 24 JAN

ALREADY BLESSEDJUST TALKED TO TONY....EVERYTHING IS STILL THE SAME...HE WILL LET YOU KNOW IF ANYTHING SIGNIFICANT HAPPENS OR CHANGES SO JUST RELAX AND KNOW THIS IS COMING!

GUYS - I AM ALWAYS IN AND OUT...COMPUTER MAY BE LOGGED IN HERE BUT I AM NOT ABLE TO SIT IN FRONT OF COMPUTER FOR VERY LONG...PHONE CALLS...LIFE ETC.

ALREADY BLESSED :1-23-15 DC: Not much has changed: everything continues to look very positive in Iraq and the US. All checks and tests have been successful. Everyone is prepared for when Abadi and the Iraqi teams get back from Davos. Everyone is ready to go, not expecting anything until Saturday on. [Do you think it will happen before 1 February, which is next Sunday?] Yes, I do.

ALSABAAH NEWS:Opportunity to raise the value of the dinar, 24 JAN

1/25/2015 0:00 

BAGHDAD - Mostafa Hashemi 
economists and experts describe the Iraqi monetary policy as good as maintained the stability of the exchange rate under difficult economic conditions and slow march towards progress the country witnessed in previous years, despite Iraq's possession of the elements of the economic boom in all productive sectors. 

In this context, saw economic researcher state fair The increase in production achieve an increase in income and financial returns requires finding a balance or equation to ensure the continued improvement in the exchange rate with a salary increase to reach the stage commensurate with the productive economy and activating the industrial and agricultural sectors to improve the value of the dinar. 

Iraq has seen in the last ten years a rise in production and exports of oil At a time when the value of the dinar has seen remarkable stability without high mentions in purchasing power. 

She said just told the "morning" Now is the chance, despite the difficult circumstances, to activate the productive sectors as stated in the government program of encouraging the private sector and entry effectively to the economic development of By relying on its own resources to the private sector and move his money and invested in the development of economic reality. 

She noted that the citizens believe that achieved an increase in oil production to ensure a major boost for the dinar in time looking where to direct positive repercussions on their standard of living through the production and export growth, hoping in this matter is resolved through the involvement of the private sector in the development process. 

It called economic researcher to develop solutions that contribute to upgrading the reality of living of the citizen and the creation of employment opportunities and jobs for graduates and the unemployed through the activation of the private sector because it possesses the freedom to manage his business and his money away from the bureaucracy that makes production distinct exploited by the efforts and energies of young. 

The academic economist, Dr. Majid Baidhani said earlier in the "morning" to increase the productivity of the individual worker comes through the activation of the private sector and projects in the productive sectors such as agriculture and industry. 

He added: It is necessary to achieve financial revenues through the creation of jobs and opportunities work in the private sector and make it equally with government officials privileges that contribute significantly to the revival of the booming economy, having to rely on the oil industry to activate those opportunities. 

He said: that the central bank managed through the implementation of a successful fiscal policies in recent years have contributed a lot in the stability of the market and this is has led his role regarding the improvement of the exchange rate. 

He continued: Here comes the role of government and the competent authorities to complete drawing this picture by providing focused support to the private sector and the implementation of the government program, which stressed the importance in advancing the country's economy forward. Stressing that the most successful monetary policy is to maintain the stability of the exchange rate provided increased Alantegeh.oasmah IMF to countries with economies in transition implement currency controls to stabilize the economy during the reconstruction phase and this is what served as the local economy over the past years. 

He Baidhani that Iraq now has the expertise and economic efficiencies in homes experienced enough for taking the lead and initiate self-reliance to develop the economy through reform developmental programs and policies that fit this stage application. 

mentions that there are several factors confirms the possibility of the high value of the dinar against the dollar, the most prominent is the existence of a great desire for investors Foreigners buying the Iraqi dinar, in addition to having an excellent cash reserve, which covers the local currency, as well as the dinar currency traded publicly in the global currency markets. 

It is said that the central bank was able during the previous years of the reduction of the dollar against the dinar from 1450 dinars to the dollar to 1166 Dinara adopted in the bank.

http://www.alsabaah.iq/ArticleShow.aspx?ID=85286

MY LADIES UPDATE : ARE THINGS GETTING PREDICTABLE?, 24 JAN

GOOD SATURDAY AFTERNOON EVERYONE THE BUDGET WAS NOT VOTED ON AGAIN BIG BIG SUPRISE...NOT!!

PARLIAMENT CAME, THEY SAW, THEY LEFT, HERE IS WHAT WAS ON THE AGENDA AND AGAIN THEY VOTED FOR NOTHING AT ALL, NO BUDGET, AND NOTHING NEW.

 http://parliament.iq/details.aspx?EvID=9236

 HERE IS WHAT THEY DID TODAY BEFORE ADJOURNING UNTIL MONDAY THE 26TH, IF YOU NOTICE EVERY ARTICLE PERTAINING TO FUNDING OR REQUIRING PAYMENT HAS BEEN POSTPONED.

 http://ar.parliament.iq/LiveWebsites/Arabic/Container.aspx?PressReleasesID=13316

 THERE ARE SEVERAL THINGS I WANT TO TALK ABOUT TODAY BUT FOR STARTERS I THINK I AM BEING MISQUOTED FROM LAST WEEK SO WHILE WE’RE HERE NOW LET ME CLEAR A FEW THINGS UP.

 FIRST...WE ARE NOT WAITING ON THE RATE TO BE IN THE BUDGET WE KNOW IT IS IN THERE IN FACT LINE ITEM 28  I THINK CLEARLY SAYS THE RATE IS 1166. THEY ARE NOT PUSHING THE BUDGET BACK BECAUSE THEY NEED A RATE DIRECTLY.
 I PERSONALLY AM WAITING TO SEE A CURRENCY AT ANY RATE. YOU SEE I HAVE SAID OVER AND OVER THAT BASIC ECONOMICS AND GLOBAL TRADE RULES 101 SAYS YOU NEED TO BUY STUFF WITH MONEY.

 AT THE PRESENT TIME IRAQ HAS A PROGRAM RATE THAT CAN NOT BE USED ON THE INTERNATIONAL STAGE. SO WE ARE WAITING FOR THEM TO JUST GET THEIR CURRENCY BACK AND HAVE IT BE TRADABLE AT WHATEVER RATE.

 NOW WHILE WE ARE ON THE SUBJECT OF RATE LET ME SAY THIS, SAUDI IS PRICED BELOW 1USD, QATAR IS BELOW 1USD, DUBAI THE WEALTHIEST OF ARAB STATES IS BELOW 1USD, KUWAIT IS 3+ USD AND JORDAN IS 2+ USD, AND TURKEY THE SAME THING.

 SO WHAT IS DIFFERENT WITH IRAQ? WHY CAN'T THEY DO THE SAME? WHY CAN'T THEY BE LESS THAN 1 USD?

 WELL THE SIMPLE ANSWER IS BECAUSE ALL THOSE OTHER STATES USE THE USD IN REGULAR TRANSACTIONS. IRAQ HAS DECIDED THEY WILL ONLY USE DINAR. THEY ARE MOVING FROM THE USD. SO FRIENDS HERE IN LIES A PROBLEM. THEY CAN NOT APPLY THEIR CURRENCY AT 1166 OR TOO LOW BECAUSE TO DO SO THEY WOULD NEED TO SUPPLEMENT WITH THE USD WHICH IS JUST WHAT THEY DON'T WANT TO DO.

 ADDITIONALLY THE DINAR WAS NOT DESIGNED TO BE USED IN THIS WAY. IT'S PURPOSE AS DESCRIBED BY SHABIBI IS TO BE THE SUPPORT CURRENCY FOR THE ENTIRE BASKET OF CURRENCIES. IT IS SUPPOSE TO BE THE STABILIZER CURRENCY.

 ARE YOU FOLLOWING ME?

 SO TO BE THE SUPPORT OR THE STABILIZER MEANS WHAT? IT NEEDS TO BE STRONGER THAN THE STRONGEST LINK. CORRECT? OK NOW MOVING ON.

 MANY CURRENCIES AROUND THE GLOBE ARE RE PRICING. AND PLEASE FOLKS OF THIS ROOM LETS REFRAIN FROM DINAR LINGO PLEASE. "RV' IS NOT A TERM I AM FAMILIAR WITH IN THE WORLD OF BANKING. (SO LET'S SHOW WE KNOW WHAT WE ARE TALKING ABOUT OK?) NOW MANY CURRENCIES ARE RE PRICING RIGHT? SOME WILL DE PEG SOME WILL SLIDE SOME WILL GAIN BUT IN THE END THERE ARE MANY CENTRAL BANKS HOLDING DINAR AND WHAT DID WE LEARN ABOUT THEIR BALANCE SHEETS?

 NOVA SPENT 30 MIN EXPLAINING IT DO YOU REMEMBER? WE LEARNED THAT THE DINAR WILL BE HELD ON THE BALANCE SHEETS OF THE CENTRAL BANKS AND BE ABLE TO COUNT AS RESERVES.

 THIS WAS NOT ABLE TO BE DONE BEFORE, BUT NOW FOREIGN CURRENCY MAY BE ABLE TO REMAIN ON BALANCE SHEETS. THIS IS WHERE THE STABILIZING WILL COME FROM WITH COUNTRIES THAT MAY SLIP.

 ARE YOU STILL WITH ME?

 GOOD SO NOW WE CAN DEDUCE FROM ALL THIS KNOWLEDGE WE HAVE THAT THE PRICING OF THE DINAR WILL NEED TO BE STRONG AND WE KNOW THAT BEFORE THAT IT NEEDS TO BE INTERNATIONAL.

 SO TO RECAP HERE, WE ARE NOT WAITING FOR A RATE IN THE BUDGET. WE ARE SIMPLY WAITING FOR THEM TO PASS THE BUDGET. WHEN THEY PASS THE BUDGET THEY WILL NEED TO BE INTERNATIONAL AND I WILL ASSUME AT THE SAME TIME THEY WILL PRICE THE DINAR SOMEWHERE THAT MAKES SENSE FOR IT TO BE A BENEFIT TO EVERYONE.

 NOW THAT WE GOT THAT OUT OF THE WAY LETS MOVE ON. THIS WEEK WAS A PRETTY BUSY WEEK FOR ABADI HE MUST BE FEELING SOME JET LAG. HE WAS IN LONDON EARLY IN THE WEEK MEETING WITH THE COALITION OF NATO COUNTRIES TRYING TO CO ORDINATE EFFORTS FOR COMBATING DAASH. HERE IS A TRANSCRIPT AND VIDEO FROM THE STATE DEPARTMENT OF THE MEETING IN LONDON.

 U.S. Department of State

Joint Press Availability with UK Foreign Secretary Hammond and Iraqi Prime Minister Abadi

John Kerry, Secretary of State, Foreign and Commonwealth Office, London, United Kingdom, January 22, 2015

http://m.state.gov/md236209.htm   

 AND HERE IS THE VIDEO OF THE EVENT.
LINK

 THIS SPEECH WAS VERY IMPORTANT BUT IF YOU REALLY LISTEN TO IT ABADI IS SAYING OVER AND OVER AGAIN THAT THEIR ECONOMIC SITUATION IS READY TO IMPROVE BUT RIGHT NOW THEY ARE CHALLENGED WITH FUNDS.

 THEN WE HAVE THIS FROM YESTERDAY. ABADI WAS IN DAVOS AND HE WAS GOING ON ABOUT THE ECONOMY OF IRAQ AND THE VISION FOR THE FUTURE AND AGAIN HE WAS SAYING THEY NEEDED TO PASS THE BUDGET, AND THEY NEEDED FOREIGN INVESTMENTS AND SUPPORT FROM EVERYONE TO MOVE INTO AN ECONOMIC REALITY. SO I MAY BE DOING WHAT I ACCUSE ALL OF YOU DOING ALL THE TIME I MAY BE JUMPING AT SHADOWS BUT IT JUST SEEMED TO ME THAT ABADI WAS SPEAKING TO A LARGER FORCE THAN THE CURRENT AUDIENCE. HE WAS CLEARLY SPEAKING TO DUKE AND DUKE, BUT YOU LISTEN AND THEN YOU DECIDE FOR YOURSELF. I HAVE HERE FOR YOU THE TRANSCRIPT AND THE ENTIRE VIDEO.

 http://www.weforum.org/sessions/summary/vision-iraq  HERE IS THE VIDEO

 AND HERE IS THE TRANSCRIPT TO FOLLOW ALONG 
http://pmo.iq/pme/press2015en/23-1-20154en.htm

 SO THIS WAS A GOOD DAY YESTERDAY AND THESE SPEECHES SPEAK VOLUMES TO WHAT WE CAN EXPECT IN THE NEAR FUTURE. AFTER THE DAY IN THE ECONOMIC FORUM ABADI MET WITH THE HEAD OF THE WORLD BANK TO DISCUSS THE GOVERNMENTS ROLE IN RESTRUCTURING AND REFORMING IRAQI ECONOMY. WAIT WHAT? ABADI MET WITH WHOM? SO THIS IS A FIRST THAT THE BANKERS ARE PLAYING NICE WITH THE POLITICIANS. AND WHAT IS EVEN MORE AMAZING IS THEY APPEAR TO BE ON THE SAME PAGE. SO ONCE AGAIN DARE WE GET HOPEFUL AT THIS POINT? HERE IS THE ARTICLE FOR YOU TO READ AND MAKE YOUR DETERMINATION.

 Abadi, head of the World Bank and discuss the government's efforts to restructure and reform the Iraqi economy

Sat, 24 January 2 / January 2015 00:47 
http://www.alliraqnews.com/2011-04-18-02-57-37/164360-2015-01-23-21-48-16.html

 SO NOW WE JUST TOOK A SPIN THROUGH IRAQ, WELL HOW ABOUT IF WE TAKE A LOOK AROUND THE GLOBE FOR A MINUTE.  WHAT’S HAPPENING WITH OIL? HOW ABOUT GOLD? AND WHAT ON EARTH IS HAPPENING WITH THE DOLLAR INDEX? MY GOODNESS YOU COULD GET DIZZY.
I’M NOT GOING TO GO INTO IT TO DEEPLY HERE BUT LETS HAVE A LOOK AT THESE CHARTS. THEY GO BACK TO 1946 AND YOU CAN SEE WHERE THE DOLLAR, GOLD, OIL PINS FALL. THEN COMPARE IT TO TODAY, SEEMS THINGS ARE REPEATING OR AT LEAST BECOMING PREDICTABLE.

 BACKDOC GOES INTO VERY DEEP DETAILS AND EXPLAINED IT JUST PERFECTLY ON HERE YESTERDAY. BUT HAVE A LOOK AT SOME VISUAL AIDS TO MAYBE MAKE THINGS CLEARER.

 HERE IS THE FEDERAL RESERVE SUMMARY OF THE DOLLAR INDEX GOING BACK YEARS.

   http://www.federalreserve.gov/releases/h10/summary/indexn96_b.htm

 HERE IS MACRO TRENDS   
http://www.macrotrends.net/1334/dollar-gold-and-oil-historical-chart


AND HERE IS THE DOLLAR INDEX HISTORICAL CHARTS 
http://www.macrotrends.net/1329/us-dollar-index-historical-chart

 NOW HERE IS AN ARTICLE THAT SHOWS US WE HAVE BEEN HERE BEFORE. THE PATTERN IS REPEATING TO A DEGREE. THIS IS FROM OCTOBER OF 2014 BEFORE ANY OF KNEW WHERE WE WOULD BE TODAY. SO YOU READ IT AND SEE IF YOU AGREE.

 http://www.businessinsider.com/what-the-strong-dollar-does-to-yellow-and-black-gold-and-why-were-seeing-green-2014-10

 NOW AT THE END OF ALL THIS WHAT DOES IT MEAN?? I THINK WHEN YOU TAKE THE GLOBAL CORRECTIONS THAT ARE TAKING PLACE, THE STRIFE IRAQ IS FACING WITH OUT A CURRENCY, THE MESSAGE ABADI SEEMS TO BE SENDING TO DUKE AND DUKE AND THE REASONING FOR THE JOB BEHIND THE DINAR I HAVE TO CONTINUE TO SAY WE ARE SO VERY CLOSE.

 DON’T PLAN A PARTY JUST YET AND DON’T UNCORK THE CHAMPAGNE, BUT STAY ALERT FOR THE SIGNALS. FRIENDS VERY VERY VERY SOON I THINK WE WILL BE OFF THIS RIDE AND ON TO BIGGER BETTER THINGS.

ENJOY YOUR WEEKEND AND HUGS AND LOVE TO ALL…MY LADIES.

R.V / GCR TIDBIT, 24 JAN

S3A :

If we do not see the oil gas trades start by monday your currency exchange will be delayed, just know we are in phase three traveling putzing nice and slow. Want to do It right the first time....TIMBERKIDS

DINAR GURUS UPDATE, 24 JAN

1-25-2015   Newshound Guru sczin11    [I saw where you said, "Shabibi is on deck". What do you mean by that?]  [reference OOTW & sczin post 1-23-2015]   I AM A BIG BELIEVER HE WROTE THE PLAN, HE UNDERSTANDS THE PLAN, HE HAS GREAT CONNECTION WITH IMF, THE PEOPLE OF HIS GREAT COUNTRY LOVE HIM, YES, I BELIEVE HE WILL BE GIVEN THE HONOR, THE PRIVILEDGE, TO PLACE IRAQ ON THE WORLD TRADING PLATFORM!

1-24-2015   Newshound Guru Millionday   THE SPEECH GIVEN BY ABADI TODAY [FRIDAY] AT THE ECONOMIC CONFERENCE...IS VERY POSITIVE AND HE IS VERY CLEAR THAT THEY HAVE TO MOVE FORWARD WITH REFORMS AND THEY ARE IN NEED OF THE FOREIGN INVESTMENTS.  ABADI PLEDGED TO ADVANCE THE ECONOMY OF IRAQ AND ASKED FOR HELP DUE TO THE MOVE FROM FOREIGN COUNTRIES WITH SECURITY ETC. THAT SAYS A LOT -- THE RESULT WOULD BE THE REMOVAL OF TERRORISM FROM DAASH.

1-24-2015   Newshound Guru sczin11 
   NO ONE SAYS IT IS DELAYED...IT IS A VERY COMPLICATED PROCESS, AND A VERY DETAILED PLAN TO EXECUTE.  THE PROCESS, HAD TO BE ESTABLISHED...AND THEN YOU HAVE THE MALIKI CREW TO BE DEALT WITH...WE ARE IN A GREAT PLACE, AND SHOULD ALL BE PROUD OF WHAT HAS BEEN ACCOMPLISHED THUS FAR...DR. SINAN AL SHABIBI, IS WAITING FOR THE CALL TO DUTY!

1-24-2015   Newshound Guru Kaperoni  
  ...the recent articles from the CBI indicating they are ready to “participate and promote development” are encouraging.  I want to point out that Dr. Bakri [Economist]  states the dinar "first needs to improve" (raise in value) before they can move to Article VIII.  In other words, the float may be institutional and gradual before they accept Article VIII and a new Exchange Regime.  I also get the impression that the dinar can be convertible worldwide without technically accepting Article VIII.  And lastly, he says... "improvement comes through delete some zeros"  which to me again seems to imply a gradual appreciation because as the dinar rises, zeros begin to go away...   he did...confirm the process is moving along, that the reforms are happening, and there is promise...and more importantly the new GOI is moving in the right direction.  Iraq's economy is complex for sure. But I don't think what we are looking for will take much longer.  As for currency reform, the timing will be kept secret within the CBI...

1-24-2015   Newshound Guru wmawhite
  Iraq has told us that they want to join the world financial markets...and they want investors...in order to do both Iraq via the CBI has to promote confidence in the IQD...to do that the CBI needs to add value to their currency.

1-24-2015   Intel Guru TerryK 
  ...A LITTLE BIRDIE CALLED ME ...AND TOLD ME THAT WE SHOULD SEE OUR BLESSING THIS SUNDAY...I GUESS ABADI PULLED SOME STRINGS. 

1-24-2015   Newshound Guru Tlar
   One thing I have always thought is that any change in value will have to come just before the budget is printed in the Gazette.  If that is true then it follows they can't pass the budget without first changing monetary policy.  If this is true then it might answer the question of why the budget is taking so long to fix.  Iraq seems determined to pass this budget quickly and all parties are on board, but to make the changes and modifications should not take weeks as it has done already especially in light of the fact that they are in such a hurry.  Word processors should be able to do this overnight.  Not take weeks.  Something else IMO is holding up the vote and I think its the rate.  Both readings are done leaving only the vote but they keep putting it off. My personal opinion is that the hold-up is the rate and we won't see a vote until we see monetary change because IMO the budget cannot be opened at 1166.  As I say this, we all know this is Iraq so we know they CAN open it at 1166 but IMO they won't.

TLAR, OOTW & SCZIN11 & MILLIONDAY TIDBITS, 24 JAN

1-24-15 Tlar: One thing I have always thought is that any change in value will have to come just before the budget is printed in the Gazette. If that is true then it follows they can't pass the budget without first changing monetary policy. If this is true then it might answer the question of why the budget is taking so long to fix. Iraq seems determined to pass this budget quickly and all parties are on board, but to make the changes and modifications should not take weeks as it has done already especially in light of the fact that they are in such a hurry.

Word processors should be able to do this overnight. Not take weeks. Something else IMO is holding up the vote and I think it’s the rate. Both readings are done leaving only the vote but they keep putting it off. My personal opinion is that the hold-up is the rate and we won't see a vote until we see monetary change because IMO the budget cannot be opened at 1166.  As I say this, we all know this is Iraq so we know they CAN open it at 1166 but IMO they won't.


1-24-15 OOTW & sczin11:
 "Ministry of Planning and develop an economic plan for four years" THIS IS ALL GREAT NEWS EVERYONE - UNDER THE AGREEMENT WITH UNITED NATIONS DEVELOPMENT PROGRAM, IRAQ ISSUES A 4 YEAR NATIONAL DEVELOPMENT PLAN - THE LAST ONE WAS AUTHORED UNDER THE MALIKI REGIME, AND WAS NOT FAVORABLE RE CURRENCY REFORM - AND SO NOW THEY'RE TELLING US THEY'RE WORKING ON A NEW PLAN, FOR THE NEW IRAQ - GREAT NEWS. WHAT A DAY OF NEWS...WHAT A WEEK OF NEWS...DR. SINAN AL SHABIB IS ON DECK!


1-24-15 Millionday: THE SPEECH GIVEN BY ABADI TODAY [FRIDAY] AT THE ECONOMIC CONFERENCE...IS VERY POSITIVE AND HE IS VERY CLEAR THAT THEY HAVE TO MOVE FORWARD WITH REFORMS AND THEY ARE IN NEED OF THE FOREIGN INVESTMENTS.  ABADI PLEDGED TO ADVANCE THE ECONOMY OF IRAQ AND ASKED FOR HELP DUE TO THE MOVE FROM FOREIGN COUNTRIES WITH SECURITY ETC. THAT SAYS A LOT -- THE RESULT WOULD BE THE REMOVAL OF TERRORISM FROM DAASH.