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Friday, April 8, 2016

DINAR GURUS UPDATE, 8 APRIL

 4-8-2016   Newshound Guru Millionday   Article:  "The US-MENA PSD (in accordance with the IMF- World Bank Spring meetings) New York - USA /NYFED 18 of April...Union of Arab Banks US-MENA Banking Dialogue Conference Hosted by the Federal Reserve Bank of New York, April 18th 2016"   WE HAD A REPORT THAT THE IMF IS URGING ALL EMERGING ECONOMIES TO GET REFORMS COMPLETE BY APRIL 14TH-15TH BEFORE THE WASHINGTON MEETING -- (HOWEVER THERE ARE MORE THAN ONE WASHINGTON MEETING)... WHOOOPOW.  

4-8-2016   Newshound Guru Kaperoni
  Article:  "Hatim George Hatim *: the stability of the Iraqi dinar against the dollar: Is it really necessary development"   ...the CBI needs to have stability of the dinar which includes the spread.  This not only builds confidence in the citizens to use the dinar, the banking system, but meets the IMF conditions set forth to advance the banking system in Article VIII.  Shabibi did such an amazing job holding compliance for 11 straight months within 2% considering the conditions.  As this article talks about "stabilizing domestic prices" which is exactly the concept of maintaining 2% or less spread.   So we wait while they learn all over again.

4-8-2016  Newshound Guru firefly   The IMF stated Iraq will enter the global markets by the 1st half of 2016!  And the loans begin in june?  I don't do dates but I'm VERY excited by FACTS!

4-8-2016   Newshound Guru Stryker   Article 78 of the Iraqi Constitution gives Prime Minister Abadi the right to replace any of his ministers with whomever he wants without any political bloc's interference, as long as he has the consent of the Council of Representatives.

4-8-20216  Intel Guru Bruce   ...THE FEELING WAS VERY STRONG FOR THIS TO GO THROUGH TUESDAY NIGHT. WE ARE READY ON ALOT OF PERSPECTIVES, BUT IT LOOKS LIKE A FEW THINGS STILL NEED LOOKING INTO... PROBABLY SECURITY ISSUES. WHEN THIS THING IS DESIGNED TO GO, IT WILL STAY IN PLACE. AND NOT BE INTERRUPTED...WHEN WE LEAST EXPECT IT, IT WILL SURFACE.  IT IS COMING... I KNOW IT IS ON IT'S WAY.  LET'S JUST LET IT HAPPEN, WHEN IT HAPPENS.

4-8-2016   Newshound Guru Kaperoni   ...Iraqi is not a country of rules, in fact far from it.  And it is those lack of rules that is holding up investors.  Despite [those] who say Shabibi is still there, or in charge etc. ...He is not.  He has been gone for a few years and retired.  He may comment, he may come to economic events in other countries, but he is not part of the CBI.  He is like 74 years old now...I doubt he...wants to participate in the mess in Iraq...especially as long as Maliki still hangs his hat there.  Just to be clear, until parliament or Abadi changes it, Ali al-Allaq is the CBI Governor...

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