Millionday Roundtable coming up - Post From Dinar Updates By Rudie
[millionday] ok here i am let me tell you all something -- i was watching a video that showed all of the years of iraqi currency to wait for the end and see what i saw
[millionday] at the end of the video is a ------ PLASTIC CARD --- must be the smart card but showed no released (as we know) new lower denoms --- as we know that will not happen until the change in rates when they need them but -- the PLASTIC SMART CARD was nice -- smile
[millionday] so brb with reports to look at smile here we go
[millionday] Ministry of Commerce announced the visit of a delegation representing Iraq to the United States to participate in the inaugural meeting of the Council of Iraq - the U.S. trade and investment.
According to a ministry statement received by all of Iraq a copy of it on Sunday, "The Iraqi delegation will visit Washington tomorrow for a period of four days of 3-7 this month, to participate in the meeting, the delegation will be headed by
Read More Link On Right
[millionday] note -- they are here starting today
[millionday] Deputy Prime Minister for Cherún economic Rose Nuri Shaways and membership secretary Trade Khairallah Hassan Babiker and Chairman of the National Investment Agency, Sami al-Araji.
" The statement added that "during the visit will be the fourth meeting of the Committee on Business Dialogue Iraq - U.S. and Iraqi economic conference, and prepared his coordination between the ministries of commerce of the two countries."
[millionday] so this is the move to activate the rest of the strategic framework agreement -- the trade part and agreement we all made ---very nice
[Richard Incrocci] How does the SFA help us and the currency change?
[millionday] the part of the strategic that talks about trade also talks about the reality rate as per the constitution being activated
[Redmon] what is meant when some say the RV is in the Budget?
[millionday] Redmon they are referring to the redenomination that will occur at the same time and are going by the figures used and how low they are for some parts of the budget
[awesomedtl] It seems that they say all is ready for a reality rate than something new aka another meeting that is so important prior to this event? Comments much needed please millionday ! Ty. It's not like they are gonna change currency now(this week) with them here with these meetings!?
[millionday] the thing is this -- trade and agreements are being done by that department and the exchange rates will be set by CBI --- it doesnt matter who is there except CBI --- they have the power to set the rates and claim they are so we wait
[awesomedtl] Ty very much for insight
[Richard Incrocci] Does the SFA and meetings here have any influence on or for the CBI, IYO?
[millionday] i would also think that Maliki would plan on being in country to claim some type of part in the change
[awesomedtl] It doesn't seem that the cbi has the coconuts to pull this trigger till all is perfect?
[millionday] with the regulations they have set up and the international compliance and training -- they could do this at anytime
[Redmon] I know the CBI is in charge of any RV and the GOI has to OK it, that's why I have never understood when others say the Budget has the RV in it what that means.
[millionday] Richard Incrocci the pressure from the US and all countries brings just that -- pressure - they have to have an internationally recognized currency to do trade with the world and our private sector
[kenster] Is this not the week that the GOI is running out of reserves???
[millionday] Redmon they are going by a report they put out stating that the reality rate will be in 2014
[millionday] kenster currency reserves?
[awesomedtl] Do u have thoughts on the supposed fight that Maliki had with the fights with the Kurds today!? Or he is reaching for anything now !?
[millionday] they signed for a loan with the world bank to move forward
[millionday] awesomedtl i have something on it we will look at -- he is going to try to appear as the one that solved and saved the day during election time though imo
[clay] any word on 2days budget meeting yet
[millionday] clay i think i saw something on it -- i will see if its in what i have
[awesomedtl] With a new loan doesn't that buy them more time now and urgency isn't there to rv
[millionday] awesomedtl i think it buys them a calm they need right now in order to move forward with agreements and also the infrastructure they are working on but am trying to find how it is distributed -- that will tell us more
[millionday] ok so brb with more -- smile
[millionday] The President of the House of Representatives Osama Najafi cancel all vacations for MPs as well as the continued consistently in the Council until the vote on the law of the financial budget for the current year.
Nujaifi said in a statement received by all of Iraq a copy of "the federal budget for the year 2014 has reached to the Council at the end of the month of January of this year."
[millionday] "The Council did not enter the budget on the agenda in February due to lack of agreement of the Presidency of the Council unanimously, as well as the province of the block are united because of the crisis of Anbar and the Kurdistan Alliance bloc on some of the shenanigans included in the budget in addition to the apparent absence of some parliamentary blocs."
He called on the Speaker, "all MPs to attend meetings of the Council.
[millionday] very nice -- all vacations cancelled and remember that they said this is an executive order due to the power it takes to cancel vacations so huge news smile brb with more
[awesomedtl] Do they have a "tomorrow" date for us again?? Lol
[magik] So.....vacations cancelled until budget approved?
[awesomedtl] If I remember correctly this hasta be done this session which ends middle on this month?
[millionday] magik yes
[millionday] awesomedtl correct
[millionday] Independent MP Hussein al-Asadi, Monday, for "political deals" has between Prime Minister Nuri al-Maliki and President of Iraq's Kurdistan region Massoud Barzani and the parliament speaker Osama al-Nujaifi to resolve outstanding differences and determine the presidency of the Republic in the next parliamentary session.
Asadi said for "tomorrow's Press," that "there are political deals were made between the President of Kurdistan, Massoud Barzani, and between House Speaker Osama Najafi on the determination of the position of the presidency of the parliamentary session next,
and another deal between Prime Minister Nuri al-Maliki and Barzani to settle differences petroleum outstanding issues between Baghdad and Erbil ".
[millionday] He added that "the system works these days trades strongly because everyone waits for the elections that will be important and vital and decisive."
Negotiations are currently underway between the governments in Baghdad and Erbil to find solutions on disputes concerning the export of oil and include the salaries of the Peshmerga within the federal budget.
The MP for the mass united Talal Hussein Zobaie, in the 26th of February, Almasi, said House Speaker Osama Najafi will visit the Kurdistan region of Iraq early next week to discuss the outstanding issues between Baghdad and Erbil.
[millionday] so this is great -- they seem to be ready to resolve and that is going to be productive imo
[slh5282] Is the only outstanding issue where to deposit the money?
[millionday] it appears to be -- the issue of oil distribution also i have read that military payments has been brought up so they must have something else they want to be able to have something to bargain with
[awesomedtl] Is there any new "dates " for budget meetings for this week .... So they say!?
[slh5282] this was where the issue with the water came in the other day
[JJK77] when they say early next week is that this week?
[awesomedtl] Ohh snap!! Didn't realize that lol great ty
[millionday] slh5282 kurds are using it as a bargaining tool -- the UN wont allow that
[allinxpress] Million...u see Any reason we should still be reading all this stuff in June?
[millionday] JJK77 yes
[millionday] allinxpress shoot i dont see why we are reading it today but we shall see
[DinarGroupie] Though, remember, they probably don't need to finish the budget before we see our reality rate! Whoopow!
[millionday] i dont have the date/rate
[awesomedtl] Lol great answer lol
[allinxpress] Lol..nice answer...love that u never pump.
[Fishheads] millionday why not? lol
millionday] DinarGroupie exactly -- we do not need the budget to see the change in rate and we know they are activating the monetary policy now and the banking reform
[awesomedtl] I wanna believe we don't need budget we will see I guess
[graylnjo] hopefully someone has the answer lol
[millionday] they do -- they just wont answer the phone lol
[JJK77] So it sounds like MCslick now wants to get it done for his glory!
[millionday] brb with more -- lol
[millionday] JJK77 i agree
[heartland] Millionday...I have been following you since you came to this site and like your "ink" approach. I am now of the opinion because of your ink that an rv could not have occurred until just a few days or weeks ago. Iraq was not in a position, logistically, administratively, etc.
to honor an rv, but now with passage of various banking laws, receiving it's credit rating, connection of the isx with the London Stock Exchange, etc. Iraq is now in a position for an rv.
That being said, then we have been lied to all these many years by several different gurus telling us of dates or windows. They were lies because it was impossible for an rv to have happened until just recently.
Now if the foregoing is true, then Maliki has not been the cause of delay, until just the last few days or few weeks. Am I correct?
[millionday] i think that maliki is showing to actually being a pressure to get it done before elections so that the citizens have a redenominated currency and a free market economy ---- we call that opportunity
[millionday] thank you heartland -- i do believe we had a lot to get done just from economics 101 -- the country had to have data entry , and also the capacity to actually move to a free market economy and this required much more than just a button pushed –
as we have always said including most all researchers that we have seen on this site including BGG ---- the job is one we would not want but oh yes there was much more than just issuing the new denoms and pushing a button -- i do have to say one thing though
[millionday] i have not over the many years i have researching this seen anyone along the way that has intentionally mislead or lied to the dinar community just to be mean –
i have great respect for all researchers that have tried to help and to inform and if they have misread or stated things wrong --- i like to think it is just a mistake and have appreciation for all of their efforts and the many other people involved in the help given
[millionday] that has not been the case in some dealers that have taken part in this investment but we will not go there and be glad that we were able to know dinar corp before the end of the ride -- i know i am anyway
[millionday] so that is my opinion on it and yes i do think that they are now in a position to move forward in all avenues but dont spend your time watching political stances at election time because it will drive you nuts and will not go away by any means --- it is the way the world practices political issues from the voting at the elementary school and on
[heartland] Thanks millionday. I have been involved for 10 years, have seen the ups & downs but now because of your approach, I am comfortable with where we are. . Thanks again
[millionday] heartland yw all the time hun
[chattels] We are United with the postponement of the election! March 3, 2014 In political Baghdad/Iraq News Network said the bloc uniting Talal Al-zubaie, that with the postponement of parliamentary elections, while it cannot be made in a country where 500,000 displaced ",
expressing surprise at the Election Commission's announcement possible in Anbar."
Al-zubaie said parliamentary elections today will be a crime against the western areas of Iraq because people in tight rush ", stating that" the people of Anbar outside their cities exposed to shelling,
"Al-zubaie amazed" of holding elections in a country where 500,000 displaced persons and their In precarious situations,
"stressing that" the real representatives of Parliament up to avoid subsequent crises. "Al-zubaie said that" with the elections be postponed because he couldn't come to the genuine representatives across those areas in Parliament leading to permanent "will remain a problem,
pointing out that" if we recognized that we cannot hold elections only in an environment where true choices then we have our first step to building a real ". http://www.microsofttran ··· %25aa%2F
[millionday] this is stating that --- that areas of Anbar etc dont have a way to make certain they are included in the election -- and
[millionday] they have not received the electronic voting cards in most of the area so they are stating that they may postpone in some meetings -- we have to wait and see -- it is not decided yet
[millionday] but -- that is just voting and a change in leaders etc -- it will not postpone the monetary policy and what CBI does ---- it is just letting us know how calm and in agreement they are in the nation etc -- not that the country may not move forward