Thursday, August 3, 2017


chattels: good morning all
chattels: DUHOK, Kurdistan Region—In a speech marking the third anniversary of the ISIS invasion of Shingal and the murder and abduction of thousands of Yezidis, the Kurdistan Regional Government’s (KRG) Prime Minister Nechirvan Barzani said that the Kurds have lost all hope in living with Iraq and that in order to live in peace and prevent the recurrence of similar tragedies they must decide their own future through a referendum.

chattels: “I say this, unfortunately, that we have no hope that Iraq could get better,” PM Barzani said at a ceremony held in Duhok. “We tried every way with Iraq but we have completely lost hope.”

“Our past experience with Iraq has led us to this conclusion that there is no way we could defend ourselves and our rights in Iraq," Barzani added. “Therefore, in order to maintain and protect our peace and coexistence we will have to show our ambitions to the whole world in a referendum.”

chattels: http://www.rudaw.net/english/kurdistan/030820172
chattels: [Ayna - Baghdad] The House of Representatives postponed the vote on the rest of the articles of the draft law on provincial and district elections after a dispute over some of them. "It is decided to hold a meeting on Saturday for the heads of blocs and parliamentary committees to resolve the law of provincial elections, at 11 am and before the scheduled session at one o'clock in the afternoon of the same day," a parliamentary source told All Iraq.

chattels: http://www.alliraqnews.com/modules/news/article.php?storyid=64467

DinarResearcher: URGENT Iraq announces recovery of its assets held by the United Nations under the oil-for-food program and medicine

DinarResearcher: Date of release: 2017/8/3 14:17 • 106 times scheduled
DinarResearcher: (Baghdad: Al-Furat News) Iraq announced the return of its assets held by the United Nations under the oil-for-food program and medicine.

DinarResearcher: The official spokesman of the Ministry of Foreign Affairs Ahmed Jamal in a press statement received by the agency {Euphrates News} copy of it today that "the Iraqi money seized by the United Nations under the oil program for food and medicine worth $ 131 million, plus benefits for six years after The Iraqi Foreign Ministry was authorized by the Council of Ministers and with the support of the Prime Minister and a contribution from the General Secretariat of the Council of Ministers to negotiate the latest commitments related to this program through two rounds of negotiations with the UN Secretariat regarding Iraq's completion of the obligations related to his departure from Iraq Of Chapter VII. "

DinarResearcher: "It is expected by the end of this year to end all the burdens of the decisions of Chapter VII borne by Iraq because of the acts committed by the former regime of policies and follies that tied Iraq's money and led to the detention of international organizations.

DinarResearcher: http://alforatnews.com/modules/news/article.php?storyid=147587

chattels: Postponement of the appeal of the budget to 21 August and experts submit their report in two weeks http://www.alliraqnews.com/modules/news/article.php?storyid=64470

DinarResearcher: By the end of this year folks. Their words not mine. We shall see?

spanki: if their lips are moving they are lying

xyz: Sadr calls for mass demonstrations tomorrow in Tahrir Square and the provinces http://translate.google.com/translate?tl=en&u=http://www.alsumaria.tv/news/211831/-

chattels: I do not read Arabic, so I am dependent upon the translation for better or worse. I hesitate to assign to much meaning to a strict construction of the english verbiage, but a literal analysis makes for a very indefinite determination of exactly what is being said by Iraqis.

xyz: "by the end of this year to end all the burdens of the decisions of Chapter VII borne by Iraq because of the acts committed by the former regime of policies and follies that tied Iraq's money and led to the detention of international organizations." http://translate.google.com/translate?tl=en&u=http://www.alsumaria.tv/news/211829/-

ElmerFudd: If they are not anticipating an RV before end of year, why are they dropping prices on so any goods and services now?

xyz: @ElmerFudd which goods? and is there tangible proof other than a guru declared?

ElmerFudd: Yes, we found a web site last week for automobile sales. The prices were insanely low, unless a roughly 1 to 1 RV is taken into consideration.

chattels: @ElmerFudd Assuming that a price(s) are dropping and I am not at all sure that they are, why would prices drop in anticipation of a change in value ?

ElmerFudd: @chattels Why wouldn't they in anticipation of such?

chattels: @ElmerFudd What good does it, what business sense does it make for me to sell a product today for less than it is worth in anticipation of an increase in value later ?

xyz: @ElmerFudd do you mind sharing the url and i can look back in time?

xyz: New Iraqi investment programme under study


Baghdad/ Iraq TradeLink: Iraqi Higher Investment Commission is studying a new programme to open new horizons before investments in industrial and services projects. No details of the new programme were released. On the other hand, preparations are to made for an economic forum for Iraqi and foreign businessmen to discuss investments all over the country.

chattels: @ElmerFudd Sounds like sell low and buy high.

ElmerFudd: @xyz https://iraq.hatla2ee.com/en/car/price-limit/5000000/page/2

xyz: @ElmerFudd thanks

ElmerFudd: @chattels I can't read their minds. I only know what I'm seeing.

spanki: elmer - the first bmw for 13,500--low

ElmerFudd: If someone else has an explanation, please share.

Doug_W: wiw 14 K 4 a '14 Mustang with 50 Killometers on it that is REDICULOIS
Doug_W: 14K dinar not USD
ElmerFudd: @Doug_W I know.
ElmerFudd: @Doug_W That's what caught everyone's attention last week.

Doug_W: thanks 4 the web site Elmer
ElmerFudd: @Doug_W If we're looking at roundly a 1 to 1 RV these prices make sense.

spanki: but it should not be in english

ElmerFudd: It's the english version of the web site.

chattels: It is rather silly to continually speculate about the unknown and unknowable. It is a waste of time, IMO, to constantly run down rabbit holes in search of such. We will not know the date and rate in advance. Heck, we really don't know that the IQD will increase in value.

spanki: thx

xyz: @ElmerFudd first consider: BMW 740 2001 Baghdad Silver BMW 740 2001 Baghdad 4545555 Km --------------------- 4545555 Km = 2,824,476.93 miles ===> approximately 3 million miles

xyz: @ElmerFudd do you think that realistic?
spanki: we al think there will be a change or we would not be here

Doug_W: 14 K UYSD is very low 4 that yr Mustang especialy when U add 5K USD just 4 shipping there from here

ElmerFudd: Well, you guys can analyze this all you want, I need to go for breakfast. See ya!

chattels: @spanki Agreed, but why torture ourselves in the process of waiting and hoping ?

chattels: Excellent, put a question to the room that is ostensibly serious and then leave the room. Bovine scatology. I am not wasting my time anymore on such ridiculousness.

Doug_W: what Q did U ask "C" ?

The Crisco Kid: @chattels I Agree With You For What That's Worth ..
chattels: @Doug_W Talking about ElmerFudd's " crud ".

Doug_W: I was away
Doug_W: ohh that yes I agree No sense

xyz: The Central Bank announces a plan to increase the number of foreign banks in Iraq


xyz: @cbi Prime Minister Dr. Haider Al-Abbadi presides over the first meeting of the Higher Committee for Investment and Reconstruction


chattels: Central sales rise in foreign currency auction selling more than $ 167 million 02/08/2017


chattels: The statement said that "the sale of amounts transferred to the accounts of banks abroad, as well as the sale of cash was the price of 1190 dinars per dollar."

tman23: Call the number for the cars for sale and find out how much you will be paying.......There is a number there !! But people who keep asking don't call because they don't want to know the truth or are to damn lazy to take the next step..... NOTHING HAS CHANGED !!! NOTHING !!!! ........

chattels: Do we " trust " the stated value published by the CBI or some website of questionable pedigree ?

Doug_W: ummmmmmm CBI

spanki: bogus

xyz: can't change the truth.

chattels: The creation and maintenance of illusion is a dangerous thing.

chattels: " ..............the truth never harmed anyone. What harms us is to persist in self-deceit and ignorance." - Marcus Aurelius

chattels: Dollar exchange rates for on Monday 31/7/2017 Economy News Baghdad: The dollar exchange rate against the Iraqi dinar in the banking markets in the capital Baghdad and the Kurdistan region, on Monday (July 31 2017).
Baghdad Selling USD / price = 100 Iraqi dinars 125.700 Purchase USD / 100 = 125.650 Iraqi Dinar Erbil Selling dollars / 100 = 126.050 Iraqi Dinar Sarachara dollars / 100 = 126,000 Iraqi dinars


chattels: Courtesy of DinarAlert

Zig: Attorney Chattels also posts at Dinar Alert http://dinaralert.webs.com/ where Kaperoni hangs out as well....

chattels: @Zig I usually prefer to remain silent and be thought a fool rather than speak out and remove all doubt. :)

chattels: @Zig I have made a general exception in the matter of the IQD value / revaluation.
chattels: @Zig Increasingly likely that I may end up looking foolish. Many of my friends laugh at me already.

Doug_W: @chattels be yourself!!

chattels: Kirk H. Sowell‏ @UticaRisk Given reported harassment of the Kurdish channel NRT, I'd just like to note that I increasingly think @ArabicNrt is Iraq's best TV channel.

chattels: Yasir Abbas‏ @YabbasHarb Replying to @UticaRisk @ArabicNrt It's all because of Mushreq Abbas. He is a great journalist

Doug_W: the complaint dept is run by Hellen
Doug_W: if U have a complaint go to HELLen and tell her

Doug_W: ugg

chattels: https://twitter.com/ArabicNrt?lang=en
chattels: Heeeeeeeeeeeees Back ..................... Sadr calls for mass demonstrations Friday


The Crisco Kid: Woodstock All Over Again

chattels: Sadr said in a statement today (August 3, 2017), "more strongly by the claimants of a mass demonstration tomorrow in Tahrir Square and in the provinces each according to his ability and potential," noting that the demonstration will reveal the will of the people, "not just courtesy," warning at the same time " Of the demonstration to be below the required level, or else will be the bullet of mercy in the body of reform and the time when the inevitable, "according to him.

Baxter: I like that guy Sadr.... ;no;

chattels: He said he hoped that "the people will be aware of what the corrupt politicians are devising from a dirty scheme to restore corruption with a new coat that will control not only the people's lives but also their necks and blood."

chattels: He pointed out that "the storm of sectarianism and unfulfilled passion has made the people inclined to silence about what is going on in the hall of politicians and their parliament and their government and who are willing to commission and a law that takes into account their stinking interests that are harmful to the interests of all people and the arrival of impartiality of them and the technocrats and the like."

chattels: " Technocrat " - have not heard that word in quite some time. What ever happened to Abadi's technocrat ministry reform ?

chattels: And the answer is ........................................ not much.
Spectra: @chattels interesting development!

 chattels: Of course according to the gurus, government reform was a foregone conclusion and a certain harbinger of an imminent "RV".

Spectra: @chattels well that has also been proven false!
tman23: @chattels ... Busy fighting terrorism for the world.......and now the hand is out seeking compensation for fighting terrorism for the world........ Technocrats and such is just window dressing for observers.....

chattels: Another great example of " opportunistic optimistic " news appropriated by people who have no idea what they are talking about and lack any cohesive sense of the operative considerations in this currency event.

Spectra: @chattels A informed person should know not to believe all that they read or hear from a horses mouth!
Spectra: pretty true!
spanki: scatology--lol

chattels: @tman23 There are doers, givers and donors in life / the world and then there are takers, donees and dependents. Unfortunately we have cast our lot with the latter.
chattels: Speaking of doing, I have much to do today and need to be about it. Have a fine day all.

Zig: I would never guess that chattels is an attorney by the way he writes....lol.... ;cool2;

Arianna: GM all... What's the good news??? Did I sleep through the RV?

BobS: CAIRO,— Arab League Secretary General Ahmed Aboul Gheit has sent a “private message” to Massoud Barzani, asking him to reconsider his decision to hold an independence referendum in Iraqi Kurdistan on September 25.

Arab diplomatic sources said that Abul Gheit has warned in his letter that the referendum would convey a negative message to non-Kurdish Iraqi people, and would pave the way for divisions, which would further complicate the situation in the region.

He also stressed that such move taken “without national consensus and without coordination and agreement with the government in Baghdad may aggravate the situation and push all parties to take tough positions that don’t serve the future of Iraqis, including the Kurds”.

“It should be noted that ISIS has infiltrated into the society under specific circumstances that should not be repeated,” the Arab League secretary general said, adding that authorities should engage “immediately and without delay in serious and continuous efforts to achieve comprehensive reconciliation among the Iraqi people.”

BobS: The letter has also reiterated the Arab League’s stance towards the separation of Kurdistan, stressing that the Kurdish people’s rights could only be fully achieved under the framework of a democratic and federal Iraqi state.

 In this regard, Aboul Gheit urged Barzani to deploy efforts to meet his people’s rights and preserve them in accordance with the Iraqi Constitution, which was democratically approved by the different political factions.

The sources noted that the letter has underlined the need to recognize the diversity of Arab societies, and consider it a “source of enrichment and a factor of strength for the Arab region.

 “While the Arab League is keen to ensure the territorial integrity of Arab countries, it urges all Arab States to fulfill their obligations in applying the modern concepts of citizenship and granting equal rights to all the members of the society,” Abul Gheit said in his letter.

The Kurdistan Region’s political parties, not including the second biggest party of Change (Gorran) Movement and the Kurdistan Islamic Group (KIG), came to an agreement on June 7 to hold a referendum on the region’s independence on September 25, 2017. The decision was slammed by Iraq, US, UK, EU, Russia, Germany, Turkey and Iran. 
BobS: 08/03/2017 0:00 Taha Ahmed Abdul Salam * means trading securities indicators from the point of view of financial markets , the success or decline in building the foundations of the share capital within the market economy mechanisms.

If the financial markets within the only transfer of ownership mechanisms it to Aasahm in the building and continued capital market growth, but if active markets in promoting capital building mechanisms , it is important to contribute to economic growth by attracting and directing the working capital towards competitive enterprises operating factors according to the cost of the lower and economic benefit.

Within the rankings markets move from a developing market to the Frontier Emerging Market Emerging after the realization of the most important factors , head of market liquidity, market value , free, rate cycles shares.

Through indicators realized Iraq Stock Exchange is still a growing market and did not reach the emerging market , as the degree of economic environment need to strengthen the legal factors aimed at the liberalization of investment restrictions and promote the attractions of national savings and stimulate foreign investment. Factors that can be achieved through:

BobS: 1 issuance of the implementation of Article 55 / IV of the companies offering that allows companies to sell shares to cover the capital increase through the Iraqi market for securities law procedures, by following the IPO mechanism IPO.

As it allows public offering to effectively build capital through the daily marketing, according to a study of economic feasibility through securities brokerage firms and trading market electronic.

 2 developing the legal climate in the capital market , including attracting foreign investment factors , through: A - the issuance of international certificates of deposit instructions and allow the circulation of the Iraqi Securities in London Stock Exchange and the NASDAQ US b - issuing short trading instructions or on the margin that will allow the expansion of the market work through the borrowing of securities among shareholders.

BobS: 3 - the issuance of capital market in Iraq , the law or the investment law in securities in accordance with international standards to achieve the transition to a market economy factors and allowing use of the rules of the IPO, privatization of companies, the shares of foreign companies, especially those aggregated on contracts in Iraqi projects, the purchase of companies It included the proportion of its capital at the low prices of their shares in the market due to non - economic factors, and other international rules that stimulate and attract investment.
4 - to allow the transfer of financial investment companies to invest funds in accordance with the structural indicators raise the viability of the investment capital of the company and the Governor of investors and enable them to perform the role of market maker and bring the budget to buy when trading Login lower price and sell at its height. * Executive Director / Iraq Stock ExchangeBobS: August 3, 2017 15:17 Directly : the general index of the Iraq Stock Exchange fell at the end of trading on Thursday 0.53%, close at 577.16 point, losing 3.07 points, compared with a closing session on Wednesday.

The index fell year 7 shares of the banking sector, a total of 15 shares, down by the end of trading, it came on top of Assyria International by 6.67%, followed by the North (4.76%), and Al-Mansour, and Mosul by 3.8% and 3.33% respectively.

"Assyria" Bank today announced the decline in second - quarter profit this year increased by 13.33% to 1.54 billion dinars, compared to 1.34 billion dinars profit for the comparative quarter of last year.
 It continued to share the Iraqi transport petroleum products issued by the market as a whole declines by about 6.78%. On the other side shares rose 7 index during trading, the first Secretary of the leaders to secure altitudes by 3.57%, followed by the Islamic Bank by 2.94%, and soft drinks went up 1.67%.

The contraction of the volume of trading today to 1.9 billion shares, compared to 10.62 billion shares the previous session, as the value of trading fell to 1.41 billion dinars, compared to 10.45 billion dinars session Wednesday. Bank of Baghdad issued shares of activity volume and value by 640.6 million dinars during the trading of 1.03 billion shares.

BobS: August 3, 2017 15:03 From: Mohamed Soliman Direct: tumbled coin "Alpetkoan Cash" during electronic trading on Thursday, after strong gains made yesterday, one day after the launch of currency trading.

 Electronic currency, which began in the first trading session of the month of August and had achieved heights exceeded 120% yesterday, the occupies third place in the list of the largest electronic currency in terms of market value.

Investors put up the new currency "Bitcoin Cash" with the support of some developers of electronic currencies, in the process of split currency months "Alpetkoan", to avoid technical problems encountered in the original currency previous time. The currency fell "Bitcoin Cash" price by 25.5% to $ 444.1, by at 12:40 pm GMT.

BobS: Monitor the evolution of currency "Bitcoin Cash" performance during the last 24 hours (Source - coinmarketcap) The separate currency collapsed from "Alpetkoan" from the level of $ 756 earlier in the session yesterday to about $ 310, before recovering a relatively higher rise of $ 440.

 It dropped the market value of the currency "Bitcoin Cash" to $ 7.3 billion, compared with more than $ 10 billion during trading yesterday.

 E-currency is usually characterized by sudden sharp fluctuations in prices, with the fact that the lack of central banks in the trading session controller, which supports the wishes of investors who prefer to free circulation and the lack of restrictions. On the other side, the coin "Alpetkoan" by 1.3% rose to a record high of $ 2753.5.

BobS: Currency "Alpetkoan" performance during the last 7 meetings (Source - Coinmarketcap) The largest electronic currency is still in the world away from its nearest competitor by a large margin, with a market value of $ 45 billion, compared with $ 21.2 billion for "Alaatriom", which is the second largest electronic currency.

BobS: out
Arianna: @Spectra... Yup. ***Overload***

Spectra: Yes

kevin311312: you've probalyall ready saw this
kevin311312: IMF Executive Board Completes Second Review of Iraq’s Stand-By Arrangement and the 2017 Article IV Consultation

Spectra: seen it but ty for your effert

kevin311312: this is my favorite part

kevin311312: Measures to bolster financial sector stability include strengthening the legal framework of the Central Bank of Iraq, restructuring state-owned banks, and eliminating an exchange restriction and a multi-currency practice. Measures to prevent money-laundering, counter the financing of terrorism, and strengthen the anti-corruption legislation also need to be implemented

Spectra: eliminating an exchange restriction
Spectra: oh yes good things to hear for sure!

kevin311312: eliminating multi currency
Spectra: @kevin311312 that too!

kevin311312: that was yester day
Spectra: @kevin311312 i knowwwwwwwww!

Spectra: im looking for new news, today is all that matters to me! but yes its great news!

clay: @Doug_W was praying we'd RV before so I wouldnt have to do it

Doug_W: hey Clay Nan said to say Hi just now on phone

kevin311312: did the article get discussed at all

clay: @Doug_W 20 years is enough
clay: @kevin311312 nice article
kevin311312: from DU

clay: @kevin311312 thanks
clay: @kevin311312 facebook?

Arianna: Yes.... I saw it too... But they keep on w/MCP.. to no relief..

Spectra: http://www.en.netralnews.com/news/business/read/9127/sociology.wise.perak.currency.should.be.reactivated.again Along with Rupiah Redenomination, Perak-Peser Denomination Should be Utilized Again
Spectra: JAKARTA, NETRALNEWS.COM - Discourse on redenomination or elimination of zeros in the rupiah continues to roll. The government is working on the rules related to the plan and conducting studies within the stipulated timeframe. National Entrepreneur Ricky Sutanto said it is proper to change the currency, but the change should not eliminate the identity of the nation itself.

 "Well, do not make it confuses the small people by changing the currency," said Chairman of Indonesia Chamber of Commerce and Industry (KADIN) of International Cooperation Agency to Netralnews.com, in Jakarta, Wednesday (8/2/2017).

However, the Blossom Group's boss proposed not only redenomination of rupiah, but also changes in currency units, from rupiah to perak (silver) and peser (cents). The perak currency has sociologically been deeply rooted in Indonesian society.

 Ricky said the government should activate the denomination of perak currency as it should. "One perak equals a thousand [rupiah], not to mention the rupiah currency is still affected by the Indian rupee currency," he said.

He also claimed to have suggested the discourse of perak denomination currency since the time of President Susilo Bambang Yudhoyono or SBY, but was never realized. "Once I called SBY, then I proposed about this perak [denomination] but was never done," he said.

 Ricky suggested that the Government should plan to issue a new currency, the perak currency, whose exchange rate will be set at one perak = one thousand rupiah = one hundred peser.

 This perak currency will circulate along with the rupiah until an unspecified time, until the small people are accustomed to using it. (*)

kevin311312: clay don't no how to get there

clay: @kevin311312 me neither

Spectra: The Rupiah! is getting my interest!

kevin311312: so I still get to read the news and the blog so that works

Spectra: whose exchange rate will be set at one perak = one thousand rupiah = one hundred peser. This perak currency will circulate along with the rupiah until an unspecified time, until the small people are accustomed to using it. (*)

abangjadul: @Spectra redomination

Spectra: @abangjadul yes. so you live in jakarta right.whats going on?

abangjadul: i had sent you the draft bill of this RD
abangjadul: which will be effective januari 1 2020

Spectra: @abangjadul maybe i missed it or forgot
Spectra: @abangjadul oh yes ! 2020!

abangjadul: the date stated clear in the draft

Spectra: @abangjadul ok ty
Spectra: @abangjadul that is only 2 and a half years from now

abangjadul: @Spectra yes...wait till official released and signed by president

Spectra: @abangjadul yes you can be the first to bring us the articles ! :yes:
Spectra: @abangjadul we would really appreciate :sh that!

abangjadul: for rupiah i have a lot but think still in parliament discussion and some still throwing the shoe

Spectra: @abangjadul lol, it will go through just give it a little time!

abangjadul: yes dont worry ...this room will be the first :)

Spectra: @abangjadul why Thank you friend! :)
kevin311312: I'm gona bye some rupiah next month

abangjadul: @kevin311312 better you buy it before dec 30 2019...

Spectra: @abangjadul yes i agree!

abangjadul: @kevin311312 no kidding but its true...

kevin311312: it will probably happen befor dinar
abangjadul: @kevin311312 no it will not
Spectra: @kevin311312 i do not think it will !
Spectra: @abangjadul you are right!

abangjadul: @kevin311312 because i saw the draf bill ...stated clear January 1 2020

kevin311312: its realy getting down to the nitty gritty with the dinar,why wont they implement art.140
Doug_W: send me some too
abangjadul: @kevin311312 pls pm the mod so i can send by email u the draft

Spectra: @Doug_W go on ebay

Doug_W: I am teasing Kev
kevin311312: I no
kevin311312: ;zig-mod;
Doug_W: My pleasure Kev

abangjadul: "It is expected by the end of this year to end all the burdens of the decisions of Chapter VII ,,,somebody pls explain it what is it mean...


abangjadul: TY

Spectra: @abangjadul well burden means trouble ,so ending the troubles of chapter 7 !
Spectra: @abangjadul this is a good wording in my opinion!

kevin311312: starting to think Prime Minister Haider Abadi is on the take,pesonaly

abangjadul: @Spectra ic..thanks...so we might have chance to see this end of year...

kevin311312: hes made a few trips to iran

Spectra: @kevin311312 you know ive never really trusted Abadi either!
Spectra: @kevin311312 There is just something we dont know about with him!

kevin311312: hes in the middle
Spectra: @kevin311312 yes, a puppet!

kevin311312: takes the free money

Spectra: @kevin311312 probubly!

kevin311312: and dose what iran tells him todo
kevin311312: he didn't used to be,just my opionion,action speaks louder than words
kevin311312: hes not implementing things
kevin311312: now he wants to chase bad guys instead of deleting 000

BlackGold: Like maliki, Abadi works for the US and when he decides he doesn't want to anymore, he'll end up like Saadam. plain and simple
BlackGold: or Gadaffi

kevin311312: when they go back and forth to iran that's bad
kevin311312: he used to be against any thing to do with iran

Spectra: @BlackGold true as true can be said!
Spectra: @BlackGold its just the plain to see!
Spectra: @BlackGold Why i ask do not the majority in this country ,take off their rose colored glasses and see the truth.!
Spectra: @BlackGold like the dinar community they live on cloud9!

JC: Question ..... Iraq has just issued new $1 billion in securities. not backed by the US! The issue was oversubscribed 7 times. So why would investors pump 1 Billion into an investment paying 6.75% when they could invest directly in IQD and make a lot more money! It makes you wonder about this investment!

Spectra: @JC good question?
Spectra: @JC First question would be who actually is buying them/

kevin311312: hear he is looking for another hand out
kevin311312: Abadi calls on France to participate in the reconstruction of liberated areas

Spectra: @JC CITIGROUP is endorsing them

JC: @Spectra They are only 5 year notes so not really long term. Obviously the investors are not small guys but global wall street tycoons! IMHO
Spectra: @JC ok

kevin311312: International Monetary Fund announces the success of the consultations of the credit readiness agreement with Iraq

kevin311312: international institutions and major countries to provide funding and facilities to support the financial situation in Iraq through support for funding the public budget And the IMF's statement to the third review, which will start next September to continue the program and the external support of Iraq.

JC: Bond issue from Bloomberg .... https://www.bloomberg.com/gadfly/articles/2017-08-03/iraq-s-new-bond-is-swamped-with-orders-greed-beats-fear

Spectra: IRAQ is recovering it's money from the UN!
Spectra: ASSET
Spectra: @JC how do you know they have not no IQD??? YOU DONT KNOW! 
​Spectra: The dealings that go on in the big time world of investors! That is a world or a club none of us belong too! Therefor my answer is maybe they do already own

JC: @Spectra .... True ... they could have both but with tons of cash they might spread their investment.
Spectra: @JC YES! Perhaps!

Spectra: @JC we are getting the scrapes! off the plate or crumbs !-lol

JC: @Spectra ... True ... I like crumbs .... LOL

Spectra: @JC thats fine for me too!
Doug_W: I am not fussy just fill this up with USD please

Spectra: @Doug_W good luck with homeland security on that one! or even ASSET FORFEITURE!

Doug_W: oh well I can dreAM!

Spectra: @Doug_W They would think you were a king pin from mexico
Doug_W: lol

JC: @Doug_W Get a job at the UST where they destroy currency. They may have a basket like that. LOL

Spectra: @JC good idea ill apply today!-lol

Doug_W: I saw that being done on the Discovery channel many years ago

JC: @Doug_W https://www.usajobs.gov/

Doug_W: thats OK I will pass

Spectra: @JC if some of these dinarians had a job at the USA treasury the money would grow wings!

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