sczin11 says(11:29 AM): DONNIE, PRINTING MORE MOENY IS BAD, CAUSE WE ARE ADDING MORE $$$$ VALUES OUT IN THE MARKET...
AGAIN, IT IS EXAACTLY AS I AM STATING AS THE REASON FOR MY OPINION- IT IS NOT ABOUT THE PHYSICAL NOTE COUNTS, IE HOW MANY PHYSICAL NOTES OUT THERE, IT IS ABOUT HOW MUCH VALUE IS OUT THERE..AGAIN IMHO
donnie says(11:30 AM): April 9, 2015 HE’S BACK. He was once the Obama administration’s point man on Iraq, a position that seemed to kind of quietly fade away along with the administration’s public focus on the country after US troops withdrew in 2011.
But he’s back, and today at 12:30 pm vice president Joe Biden will deliver a speech on the political and military situation in Iraq at the National Defense University in Washington, the same place president Obama outlined his anti-terrorism strategy in 2013.
allinxpress says(11:31 AM): April 9, 2015 Deputy for the National: Barzani should visit Baghdad in the coming days
MP for the National Alliance Taha defense, that the Prime Minister's visit to Arbil, Haider al-Abadi at this time is very important in light of the victories achieved by the Iraqi army and volunteers in Tikrit, especially since the government has directed the liberalization of Nineveh Daash.
Slack said in a statement ((eighth day)) that "the great preparations carried out by the Iraqi government needs to joint coordination with the Peshmerga for the Liberation of Nineveh and contacts with Kurdish leaders part of the visit Abadi,
in addition to discuss the outstanding problems of the oil and the agreement with the Kurdistan, pointing out that "Previous governments held things between the two governments and caused a lack of trust, one of the most important problems in major escalation between Baghdad and Erbil."
sczin11 says to sheila3(Whisper message)(11:31 AM): 11.24 NBOT TAKEN OUT, JUST EDITED FOR SPELLING AND THE WORD TAKEN OUT IN 4TH LINE FROM BOTTOM
donnie says(11:31 AM): it's 12:32 - Biden is late again
wvchsr says(11:31 AM): Can anyone tell me if guru Delta provides facts or speculation?
sczin11 says(11:32 AM): WVCH, LOL LOL LOL DOES THAT ANSWER YOU
sczin11 says(11:32 AM): JMHO
wvchsr says(11:32 AM): lol
wvchsr says(11:32 AM): I figured, I can't find a news source he is speculating on
allinxpress says to wvchsr(11:32 AM): Good Morning. IMHO its complete garbage. I have never once seen a screen shot of the info he states is being broadcast in Iraq.
wvchsr says to allinxpress(11:33 AM): exactly one I was reading. None of the iraqi news sites I looke at show any story on it. Just wanted to make sure I didn't miss anything
sheila3 says to sczin11(Whisper message)(11:33 AM): i got it
(11:33 AM)THE OBSERVER - http://dinarupdates.com/observer/
Papatom says(11:34 AM): sczin11 ... having more "numbers" out there definately lowers the value. Value is figured on each dollar...or dinar, which ever..... the reserves of a country have to back those numbers...so the more, the less, so to speak. in a FIAT situation, as we have...
printing more lowers the value internationally. History back to Roman days shows this....as the numbers increase, inflation increases and each dollar (so to speak) buys less.
allinxpress says to wvchsr(11:34 AM): and honestly, I believe I read his claim 2 weeks ago.
wvchsr says to allinxpress(11:34 AM): LOL. so I missed it? JK
Papatom says(11:35 AM): in an asset backed currency....you can only have as many individual pieces of currency as you can back.... so when you need more, you increase the value of each...making your backing get more valuable as well as the currency...each value....increasing
allinxpress says(11:36 AM): 09.04.2015 The continuing decline in the price of the dinar against the dollar and calls for the central banks to reconsider recent decisions?
Baghdad - He attributed specialize in the banking sector, on Thursday, the reason for the high dollar exchange rate against the dinar to the recent central bank own deduct customs duties and taxes in advance procedures, and called for a "freeze" the resolution, as expected continued decline in the value of the Iraqi dinar, stressed the need for the abolition of Article 50 of the Budget .
The Iraqi Central Bank announced, in (17 March 2015), the adoption of a new mechanism for the payment of taxes and control the "money laundering" through the prepayment of taxes and customs of the goods entering Iraq, returned it will double the country's imports.
The bank decided in (28 March 2015) to meet 8% of tax rates and customs own Bokiem imports by private banks
allinxpress says(11:37 AM): This article is long so i will post in the forum
disciple7 says(11:38 AM): i believe its been posted in the forum twice already..
Papatom says(11:38 AM): i agree with your "liking " the article Can't posted....and I agree that the CBI is wanting to "pull back " the number of dinar out there....and that would increase the value of the dinar some....but not enough to not have an RV to get to where they need to be for this budget to work.
donnie says to Papatom(11:39 AM): agreed
allinxpress says(11:39 AM): Romello beat me to it. Great job as always!
Central Bank: The Opening Of New Outlets To Sell The Dollar! LINK
donnie says to Papatom(11:40 AM): last week there was an article stating cbi wants to get the Dinar value back to it's previous value... I suspect they meant in the 1166 area.
donnie says to Papatom(11:40 AM): so this tactic might be enough to do that
allinxpress says to Papatom(11:40 AM): agree. Question, so do you believe the rate will just change overnight to a rate that represents thier value?
allinxpress says to donnie(11:41 AM): i saw that and i agree.. but WHY are they struggling to get the rate back to the artifical program rate? they shouldnt need to
donnie says to allinxpress(11:41 AM): to appease the public that are screaming the value of the Dinar is dropping
disciple7 says(11:42 AM): hopefully they appease us soon.. :D
donnie says to allinxpress(11:42 AM): it goes back to the "squeeky wheel"
allinxpress says to donnie(11:42 AM): the citizens have been screaming for ever lol
MadDScout says(12:42 PM):
BAGHDAD - Baghdad Uz..aaln Central Bank , on Thursday , allowing the opening of new outlets to sell the dollar , pointing to the decision to double the share of banking companies of the dollar .
The bank said in a statement that I followed - Baghdadi News, that " also decided to allow banks, Rafidain and Rasheed and Iraqi trade open windows to sell the dollar companies and small importers ," adding that " the purpose behind it is to reduce the dollar prices in the Iraqi market ."
The bank said it " has decided to double the share of banking companies of the dollar."
topgun says(12:42 PM): One of the things that Biden left out of his speech was the fact that the "RV" of IRAQ currency would make a HUGE difference in the rebuilding of their infrastructure ... Hope that is on they "agenda" when Abadi and Biden talk again (handshake)
MadDScout says(12:43 PM):
allinxpress says to topgun(12:43 PM): he doesnt mention economics.. which is IMO a planned move NOT TO.
topgun says to allinxpress(12:45 PM): I agree .... I was trying to point that out in my elementary way .... After I read what I wrote I see it didn't come out well ...
allinxpress says to topgun(12:46 PM): its fine lol. I think the speech was very encouraging
Loopback says(12:48 PM): Tamimi: draft budget will reach after the feast of the parliament free from the salaries of the staff of the province
09/04/2015 11:45 | Tamimi: draft budget will reach after the feast of the parliament free from the salaries of the staff of the province
Revealed the head of the Budget Committee of the interim Majida al-Tamimi, the draft general budget law for 2014 will arrive in the Iraqi parliament after Eid, pointing out that they will be free from the provincial employees' salaries.
Tamimi said in a press statement followed the "direction Press" that "the Council of Ministers will be held on Thursday Astthanih session to complete the general budget tables," pointing out that "the Ministry of Finance is working for hours to supplement Balmozana own financial tables."
Loopback says(12:48 PM): "The current budget contains the consequences of its predecessors in 2013 and that a whale on a number of debt that will be put out, especially with regard to side, defense and armaments security."
The Cabinet had briefed him, according to his statement in its day yesterday on the "stomach figures by the Ministry of Finance on the Kurdistan region, and instructed the ministry to complete figures prudent entitlements federal budget of the expected revenue from the export of oil from the region."
Loopback says(12:48 PM): As Mahdi Keywords Director of the Office of Prime Minister Haider al-Abadi said in a press statement today that "the Council of Ministers meeting will be held in the Eid al-Adha holiday to complete the discussion of the draft budget for fiscal 2014 Act" likely "deliver the budget bill to the House for approval soon."
The House of Representatives decision Niazi architecture Ihsanoglu said yesterday that "the Parliamentary Finance Committee ended last Sunday of drafting the final conclusion of the report of the general budget in 2014 and sent yesterday to the Council of Ministers for information and discussion at the meeting scheduled Tuesday in preparation to bring it back to parliament."
Loopback says(12:49 PM): The interim president of the parliamentary Finance Committee Magda Tamimi confirmed earlier that "the House of Representatives will present the draft budget for the first read the law if they come from the government, which promised to send them to Parliament during the current week."
She said, "Parliamentary Committee handed the Minister of Finance Agency Mohammed Xiaa Sudanese group reports on the amendments and proposals to be included in the general budget in 2014 for their ratification and forwarded to Parliament". sa END
Loopback says(12:49 PM): http://aletejahtv.org/index.php/permalink/53700.html
sheila3 says to Loopback(12:49 PM): thank you for the news (F)
Loopback says(12:51 PM): Najiba Najib: The government and the central bank behind the rise in the dollar rate against the dinar
09/04/2015 11:46 | Number of Views: 1855 Font size: Decrease font Enlarge font
Najiba Najib: The government and the central bank behind the rise in the dollar rate against the dinar
Carried the member of the Committee on Economy and Investment MP Najiba Najib, the government and the central bank responsible for the high dollar rate against the dinar, asserting that a simple home is only affected by this increase.
Loopback says(12:51 PM): She said Najib in a press statement followed the "direction Press" that "the rate of the local currency continues to deteriorate as a result of the budget items included (50), which restricted the central bank sold 75 million dollars instead of the daily auction,
which had been in place previously, and added complicated procedures include the provision of any company or dealer request to buy the dollar comes after approval (15) days from the date of submission, Maady to the lack of the dollar and increase citizen need a high price. "
She added, "The oil revenues of Finance declined to less than half Maady to the lack of the dollar in the country and increase the demand for it."
Loopback says(12:51 PM): Najib stressed that "the treatment of this increase is to cancel Article (50) through the appeal by the central bank and increased pumping the dollar in the local market and the activation of income generating sectors other rather than relying mainly on oil."
And saw the US dollar price leap not seen in Iraq since the (11) years, where the US dollar rose to 135 thousand dinars on Wednesday, compared to 100 US dollars, Maady to higher goods prices, special prices / auto mobiles and most of the imported medical supplies and medicines for chronic diseases. sa END
Loopback says(12:53 PM): http://aletejahtv.org/index.php/permalink/53700.html