Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Tuesday Chat 3-22-16 Part 3 of 3
wmawhite says():He said the House of Representatives decision of Imad Youkhana, Tuesday, that the Secretary-General of the United Nations Ban Ki-moon and the head of the International Monetary Fund, Christine Lagarde, will attend the Council session to be held on Saturday, describing the visit as "historic."
wmawhite says():Described as "historic"
subgirl says to wmawhite():WOW! that is going to be an interesting meeting!!! :) "HISTORIC" :) thanks
rcookie says to wmawhite():WOW!!......BOULYAAAAAAAAH!!!!!!!!!
wmawhite says():Yep........just passing by and wanted to drop in and say hello.............you think?
wmawhite says():I don't get this.....
wmawhite says():I want to make sure I am not looking at this with "dinar glasses"...........
clay says to wmawhite():question Ive been wanting to ask
rcookie says to clay():GM CLAY!!..
clay says to wmawhite():the IMF gave us middle of 2016...does that mean aquisition to the WTO
tman23 says():BAGHDAD — The residents of Baghdad are now suspicious of the officials to have involved in the terrorist practices since there have been no terrorist acts or even small crimes reported since the gates of Green Zone were blocked by Sadrist Movement.
A civil activist and an organiser of the protest camping in front of Green Zone told BasNews that the situation in Baghdad has drastically changed since the protesters have blocked the gates of Green Zone on Friday.
Haider Zerjawi, the civil activist, noted that Baghdad has not witnessed any terrorist attacks since Friday while there used to be terrorist attacks, arbitrary killings and kidnapping on a daily basis before. "No explosions or even small crimes have been reported since last Friday”.
The situation in Baghdad is quite placid and at peace since the vehicles of the officials can hardly move in and out of the Zone. The residents of Baghdad, therefore, are now shocked and suspecting the officials to have involved in terrorist attacks.
mudder says():And with a 1000 us troops in the green zone.... Something that makes ya go hmmmm
wmawhite says():however, it is the CBI, GOI, the IMF, etc., etc., that are using "dinar glasses"....
clay says to rcookie():or if you can answer my question thanks
wmawhite says to clay():the IMF does not represent the WTO.........................the IMF presence on earth to currency..
wmawhite says to clay():presence on earth IS....currency
clay says to wmawhite():ok thanks
clay says to wmawhite():but if IMF brings them global then WTO is next right
wmawhite says to clay():It is similar to graduating from school.......hoping you move on a get a job............
clay says to wmawhite():now I got ya makes sense to me now TY
wmawhite says to clay():the IMF assisting Iraq entering the global markets is similar to graduating.........the global markets opens Iraq to international commerce...
clay says to wmawhite():cant wait
Zig says():And you still think that they can't "enter" the "Global markets" at the Dinar's current value.....right?
rcookie says to wmawhite():WTO ACCESSION IS A HIGHLY INDIVIDUALIZED PROCESS...THAT IS DIFFERENT FOR EVERY COUNTRY....
AND MOSTLY INVOLVES INTERNATIONAL TRADE AND INTERPRETATION AND APPLICATION OF GATT (GENERAL AGREEMENT TARIFFS & TRADE) OF 1948 AND TRADE ARRANGEMENTS AND LAWS BETWEEN COUNTRIES...AND THE LEGAL PROCESS OF TRADE DISPUTES AND SETTLEMENT PROCESSES....
rcookie says to wmawhite():OOPS..FOR CLAY..
mudder says():He's wanting somebody to say RIGHT>>> LOL
wmawhite says to Zig():If the 1182 is the true value.........then yes...................however, if it is not why would the want to pay 1182 times more for every $1 of purchase.
mudder says to Zig():You can breath now....LMAO
wmawhite says to Zig():think of this.......if your 1 IQD is equal to $1.................then you pay 1 IQD for every $1 of purchase............
wmawhite says to Zig():but, today if Iraq starting using the IQD on the international market you would pay 1182 IQD for the same $1 item.
Zig says):Yes....TY....makes sense....
clay says to Zig():hey Zig
wmawhite says to Zig():the problem is that when Iraq is needing millions and millions of item imported, at 1182 Iraq would run out of IQD.....
clay says to rcookie():thanks again buddy :)
Zig says to mudder():Yes.....lol.....I can breathe....but am not holding my breath.....if you get my meaning.....lol
rcookie says to clay():IRAQ STARTED ITS WTO ACCESSION PROCESS IN 2004....
Zig says():That process can take forever.....
rcookie says to Zig():WHAT...
Zig says():WTO ascension.....
rcookie says to Zig():IT IS A LONG...AND GRUELING PROCESS...THAT THEY ASPIRE TO ATTAIN....
rcookie says():ProcessThe WTO accession process starts with the formal written request by the applicant govern- ment.3
rcookie says():The WTO General Council then decides upon this request and establishes a Working Party that is open to all interested WTO Mem- bers.
rcookie says():After that, the applicant government pre- sents a memorandum, which explains the coun- try ́s trade and legal regimes, followed by written question and answer sessions.
rcookie says():Subsequently, a process of intensive multilateral and bilateral negotiations on the terms of accession takes place.
da58 says():wow - Christine too??? Parliament rapporteur: Ban Ki - moon and thehead of the International Monetary Fund will attend the Saturday session
Tuesday , 22 March 2016 14:41 Search Bigger Parliament rapporteur: Ban Ki-moon and the head of the International Monetary Fund will attend the Saturday session
rcookie says():The multilateral negotiations focus on the compliance with WTO rules and disciplines. In the bilateral negotiations, each member of the Working Party brokers with the acceding country on the specific market access commitments.
rcookie says():The strictest conditions have then to be applied on a Most-Favoured-Nation (MFN) basis. The outcome of the negotiations is the “accession package”, consisting of the Report of the Work- ing Party, the Goods and Services Schedules, and the Accession Protocol.
rcookie says():Once these docu- ments are adopted by the General Council, they constitute the legal basis for the acceding coun- try; it becomes a full WTO Member 30 days after it notifies the WTO that the accession package has been ratified as per its national legislation.
da58 says to clay():didn't know IMF HEAD would be there too!! gm
clay says to rcookie():what is the dinar site to buy X something thanks
clay says to da58(9):all good news
rcookie says():The final terms of accession reflect a balance of rights and obligations that typically result in the following opportunities and challenges:
da58 says to clay():yep..
rcookie says():I HAVE POSTED IRAQS WTO ACCESSION STATUS MANY TIMES IN THE PAST....
mudder says():For what we know now from 18 months ago.... EVERYONE of us in DINARLAND were DELUSIONAL thinking it would happen before Abadi arrived....
Don't care who you are, who you think you are or who you thought you were...lol I know it's been a long ride for everybody (1 month - 12 years) but for you long timers, hang in there.... IT'S COMING.....
subgirl says to mudder():(y) Yes it IS coming!!!!
clay says to mudder():(y) Im with you :)
rcookie says():HAVE BEEN SAYING THAT...OVER AND OVER...ESPECIALLY TO THOSE THAT SUBSCRIBE TO THE "SEEN THAT...HEARD THAT BEFORE"...MANTRA....NO....YOU HAVE NOT...NOT EVER...EVER... EVER... PERIOD...
rcookie says():THERE IS AN ARICLE POSTED THAT EXPLAINS THE USE OF THE BOND PROGRAMS AS AN ASSET TOWARD BRIDGING THE BUDGET DEFICIT...
AND ADDRESSING ECONOMIC LIQUIDITY CRISIS IN THE MARKETPLACE....ITS IMPACT TOWARD INFLATION...AND CONTRAST AGAINST EXTERNAL INSTITUTIONAL BORROWING....AND ROLE IN STABILIZING PURCHASING POWER OF IQD...
DHOLLA says():Currency Auctions Announcement No. (3162)
The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on 22/3/2016 and the results were as follows:
Number of banks 25
Number of remittance companies 19
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ -----
Amount sold at auction price (US$) 82,828,967
Amount purchased at Auction price (US$) -----
Total offers for buying (US$) 82,828,967
Total offers for selling (US$) -----
DHOLLA says(10:08 AM): http://www.cbi.iq/index.php?pid=CurrencyAuctions
rcookie says():HERE IS THE LINK...IT IS LONG...BUT REALLY FRAMES AND EXPLAINS BONDS WITHIN THE IRAQI ECONOMY....VERY RELEVANT WITH THE BOND PROGRAMS YOU HAVE BEEN REDING ABOUT...
ONES LAUNCHED O 15TH ANG OTHER WHOSE 2ND RELEASE WILL BE TOMORROW THE 23RD..AFTER THE ORIGINAL RELEASE ON FEB 4TH....
clay says to DHOLLA():thanks
rcookie says():Government bonds and an effective means to bridge the budget deficit
3/22/2016 0:00 http://www.alsabaah.iq/ArticleShow.aspx?ID=112897
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