[captaincaveman] So Iraq Finance exhibition scheduled to be held in London next month to show off its new international banking capabilities....in order to attract more international business......INTERNATIONAL BANKING AND TRADING?
[Stitch] captaincaveman let's hope they get some experience under their belt before next month!!! Rofl
[captaincaveman] SStitch they have to. They wouldn't schedule that unless they plan on banking internationally prior to the meeting
[captaincaveman] I said yesterday morning that I look for it to pop this weekend....possibly Monday
[captaincaveman] Wait and see.
Read More Link on Right
williamB] Welcome to Iraq Finance 2012, a new international conference and exhibition on banking and financial services in Iraq.
[Imperium] The Objectives To discuss opportunities for regenerating the banking and financial services industry in Iraq. To introduce the current state of banking and finance in Iraq to international investors. To develop a comprehensive assessment of the Iraqi banking and financial services industry and address needs for reform and investment. To examine the issues relating to the mobilisation of investment and project finance for the Iraqi private and public sectors.
To examine the state of corporate financing in Iraq and the sources for equity, short-term and long-term debt financing for the Iraqi private sector. To promote collaboration between Iraqi Ministers, Deputies, Advisors, CBI officials, heads of government, Director Generals, senior parliamentarians, and financial experts with their international counterparts.
Imperium] xyz isn't a viable currency necessary for such a conference?
Elilali] Imperium you would think so.. but... we've thought that before
[captaincaveman] Why would Iraq Finance be holding a BIG BIG Finance exhibition in mid-september with a worthless currency?
[captaincaveman] Its being held in London to show off its international banking, trading, and finance capabilities. Seems to me that they would need a tradeable currency and a couple of weeks of international banking experience beforehand.
[pappyy] captaincaveman I am in agreement with you, makes sense!!!
[childofgod] captaincaveman - Iraq did this last year too without a tradeable currency
[captaincaveman] Pappyy ok good. Thought maybe I was alone
[diverdown] Dinar Trade is a Sponsor of the UK conference
[highlander65] diverdown I noticed that
[pappyy] Idbound it's friday and you know what has happened on fridays in the past!!!!! Could be our friday!!!!
highlander65] Hot off the Press -- Hyundai Among 16 Companies Bidding for Breakwater in Iraq Hyundai Engineering & Construction (000720) is among 16 companies that bid to build a breakwater for the $6 billion first phase of the Grand Fao port in the south of Iraq, said the director general of the State Company for Iraq’s Ports. http://www.bloomberg.com ··· raq.html
[captaincaveman] HHighlander I saw that too. Tons of international companies bidding for big contracts
[highlander65] captaincaveman Yes we ARE in a great place my friend
[highlander65] captaincaveman ty Friday is always a GREAT day for EVERYTHING! Keep positive thoughts
[blue skies] pappyy we all need to be positive. amen to that..
[olordplease] Another thing every time they release this stuff the experts are surprised I think it is time for new experts
[bouv] Faith allows things to happen. It is the power that comes from a fearless heart. And when a fearless heart believes, miracles happen. Good Morning Everyone, Today is 'Faith Friday' and I believe! Do you?
[highlander65] Not sure if this was posted but more good news -- Iraq Says Exported 2.52 Million Barrels a Day of Oil in July
[averagejoe] If they are saying the pre-sadaam rate it is 3.93. Sadaam rate was 3.22. The Iraqi dinar continued to equal US$2.80 until 1971. As the dollar depreciated in that year and in 1973, the Iraqi dinar's official exchange value grew to US$3.93 and remained somewhat steady until 1988, Read more: The History of the Iraqi Dinar
Aug 3 6:15 AM [averagejoe] The Iraqi dinar (ID) was first created in 1932 when the British Mandate ended, replacing the widely used Indian Rupee. For its first 17 years, the currency was linked to the British Pound, with one unit exchanging for 4.86 U.S. dollars. Read more: The History of the Iraqi Dinar |
[averagejoe] Iraq is "supposedly" out of money. They are left no choice but to RV.
[junebug] averagejoe they have been out of money for a year
[averagejoe] I am expecting this thing possibly tomorrow. O will give himself a birthday present. Obama's birthday is August 4.