Post by the secret wrote on May 15th, 2014, Good morning everyone,
I just listened to Tuesday's cc, just a little clarification please, Frank when you say, in your opinion of course, the cbi should give a rate to the interim government around May 24-25, will we also be able to see the rate or is strictly for the interim govt.use until caretaker govt. takes over and they release the rate to the public?
Post by Frank26 » May 15th, 2014,VERY GOOD qt that my TEAMS and I will discuss tonight.
I had suspected that but IMO : Once the IR is given to the CBI via the IMF ......... It can be hidden for a short time. But IMO ......... Once the CBI presents it to the intern GOI ........ It will be visible via the CBI website. KTFA, Frank
Post by Frank26 » Family........you know what I keep saying to you.......you can't stop the lava flow? Well here's what that would look like !
Tink and I have been above volcanoes that exploded with the power and sound of a million Hercules at war with the enemy.
One time a red hot flaming bolder the size of a house was launched in our direction from Kalauea on the Big Island while flying over it in a helicopter.
We have seen and felt a Lava Flow from a far as the heat was strong enough to burn our skin into a first degree.
Warned ourselves by a steam vent once as we looked into the mouth of Mauna Loa.
There is a smell about volcanoes .......... Stinky.......... Sulfuric.
I seek to enter Haleakala on Maui ........... Soon. Lava Flows ............. I know them well. KTFA, Frank
Post By walkongstick wrote on Wed May 14, 2014
RE: General Customs: Kurdistan region applied tariff law applicable to all border crossing points
Were known Customs Authority public about the application of the Kurdistan region of the tariff law applicable to all border crossings Other.
said the body of the Ministry of Finance that the intersections that have occurred at the beginning of the application of the tariff law between the Commission and the Kurdistan region has ended and confirmed that all outlets provincial border now applied the law, similar to those in the rest of the provinces of the country.
He added that the Commission fully informed consignments entering ports of the region, indicating that the customs revenue back to the port, which in turn converts to the Directorate of Customs Kurdistan to reach at the end of the matter to the central treasury.
Post By Frank: Told You ALL Iraqia TV had to say about this on CC last night but .........You know what I liked the best about this? It did not take 3 days. KTFA, Frank
Post by HE77 » May 15th, 2014, Frank, since DFI funds protection expires May 22nd (Thu), wouldn't it be safer to have the IR released before then to minimise exposure...unless a deal had already been cut?
Post by Frank26 » May 15th, 2014 Do not know details about any deals. No one wants the DFI .......... It would insult Iraq. IMO ........
This money is/will be left alone because ALL know there are better opportunities COMING with Iraq. No make waves ............. Unless to surf........ LOL.
The IR has a schedule of it's OWN.Answers to NO ONE but it's own Lava Flow. KTFA, Frank
Post By NOVA » May 15th, 2014, Sager You Are The Man!!!!!! This Is All That Matters!!!!!!!!!!!
In order to revive the Iraqi economy experts: the diversity of the currency basket is the best solution to address the low value of the dinar against other currencies
05/14/2014 Mushtaq Al-Jassem
A number of specialists and economists that there is diversity in the basket of currencies of the Iraqi order to develop and activate the economic process in the country, while the student a number of specialists structural reforms on the work of the economic sector.
Says economist Faraj Saad Allah of the best solutions to address the low value Aldenarabraghi against other currencies is the diversity of the reserve with the Central Bank «reasoned that it« will make us deal with the exchange rate of the dinar according to the real value of it.
FULL ARTICLE HERE: http://almustashar-iq.net/index.php/permalink/36948.html
Post by Frank26 » May 15th, 2014, Basket of Currencies ........ Baskets of Reserves .......... Basketballs ..... I DO NOT CARE !!! We have never ......... Nor will ever be told these TRUE numbers so all I care about is..... SHOW ME AN IR for the IQD !!! NOW !!! TY Kindly ............... :lmao: KTFA, Frank
Post by Sager » May 15th, 2014, Brother NOVA, I'm simply "a" man... currently working for "the" man... BUT not for long!!! :verdes:
Imo, this article removes the possibility of a low rate (i.e. "will make us deal with the exchange rate of the dinar according to the real value of it".
Even as IMF stated and from what I understand, imo Article 8 means that the rate MUST reflect the true value of Iraq's wealth, which to me is inconceivable at a low rate. Thank you for the kind words Sir. Sager
PS. GO HABS! PPS. I will admit that BOSTON was my favorite hockey team growing up, so I would have been ok with them moving forward
Post by Sager » May 15th, 2014, My interpretation of this article is that the best solutions to address the low value of the IQD against other currencies is to diversify the reserve with the Central Bank, meaning the backing basket of the currency. This diversification will allow the CBI to reflect the REAL value of the IQD. Sager
Post by Sager » May 15th, 2014, Found more on the Article I posted earlier - NOTE the part where they talk about FLOAT...doesn't mean it will float from a low value. IMO, they are referring to floating WITH the USD... floating in comparison TO the dollar... floating LIKE the dollar: Sager
And that this support «will generate economic activity in the market and will give the tributaries of New noting that« in the case of the interaction of all sectors ..
THEN WE DISENGAGE THE DINAR TO THE DOLLAR. promised Saadallah, Iraq's dependence entirely on oil revenues and put them in the future fund or cash reserve , is not enough.’
said we must give ourselves the chance a year or two even interact sectors because Iraq active on the regional and international level then say NFC link and make a basket of currencies ». while industrial Mohammed fair has called for speeding up to be a basket of currencies,« on the grounds that IT WILL FLOAT THE IRAQ DINAR TO THE DOLLAR for the purposes of import case if other currencies.
expressed his objection to talk about the dominance of the dollar on the Iraqi economy because the dollar is not dominant only in Iraq, but in all the regions of the Middle East, being the currency of a major task. stressed that «this decision (basket) takes time and effort, and it needs a decision by the Central Bank of Iraq because it is primarily responsible for this subject/
Therefore put on the scene the idea of switching to a basket of currencies or the policy of adhering to constantly linking the local currency to the dollar.
Post by Frank26 » May 15th, 2014, As always Randy ............ BRAVO and TY Sir !!! I leave You in Peace KTFA Family and REMIND You: I just made a comment on an article and then ......... NOVA did too.
REMEMBER what I posted yesterday about NOVA.......... When he post ......... Understand WHY.
Take advantage of his knowledge ......... Do not fear asking him qts on this article. I gave You my opinion but trust me ........... He can tell You more than what I see superficially. Take care ........... :hangloose: KTFA, Frank
Post by Frank26 » May 15th, 2014, If You saw what I held up on Live Media last CC ........... Then You know it will. Our world is about to CHANGE .......... By water. Be ready as I expressed how ........... On Your last CC. KTFA, Frank....... Proper Preparation does not Perpetuate fear.
Post by moneytalks1 » May 15th, 2014Good morning Frank,
Very excited about everything. Deep in my heart, I know we are there. If the IR has "a life of its own"; then I will beat it up until it wants to show up. ie. just kidding; (i am not a violent person).
Could you help me-a little confused. The new GOI that is supposed to be seated June 14 is called the caretaker Gov'. Is that right? I know now the gov't now is called the interim gov't.
The interim gov't really has no power but exists for administrative purposes-is that correct. Just if you can clarify that?