Robert001 : Dallred.. A question and an answer if you know it.. Why is it at night that you expect it??? And whose night,, ours or theirs. Why is night important????
Dallred123 : Robert001 so it will be ready in the morning I have always been told it will go at night here in the USA
Covenantbridge : Dallred, are your contacts Bank personnel or other type of govt people?
Dallred123 : Banking consultant in the software end
wmawhite Interesting that there are many groups/entities surfacing that are not just in Iraq, but they are from many other countries; ready to do business with Iraq...this why I continue to believe that the first evidence of this manifesting will come from Iraq's regional business partners.
Q: [so you're thinking the IQD will be international but just may not be exchangeable in all countries at first.]
wmawhite ; The IQD is international today. However, it is not accepted throughout the world's inter-bank system because of several factors that Iraq is correcting today.
Once Iraq moves into full compliance of Article 8, bank/countries will be quicker to trade/exchange use it.
Q: [How long do you think it will be before they finish correcting these last few issues for Article 8?]
Wmawhite: The IMF opinion is much more reliable than mine and they told the world that they expect Iraq to enter the world economy market during the 1st half of 2016...I read that statement as the answer to your question...the IMF actually stated that Iraq "will"...did not read as "guess"...
I feel great about what is happening...I expect over the next couple to few weeks more huge news about the CBI...the monetary reforms...the IQD. Will it be exactly what so many are looking for...don't know, but IMO what we want is coming our way.
Sequoia: The button has already been pushed when the trust funds were released. This will roll out differently than we expected
We know now from various sources peeps have spendable funds. The fat lady is singing
We are to go soon. It's rolling out in a way we didn't expect
Herb: Seqouoia what is it we did not expect?
Sequoia: Herb, we were programmed to think a button would be pushed and poof. Not so.
Sequoia: There was a group that exchanged their IQD and VND last September for SKR's. They are now being liquidated with actual $$ in accounts
Emailed to Recaps:
"Unprecedented Leak" Exposes The Criminal Financial Dealings Of Some Of The World's Wealthiest People
Submitted by Tyler Durden on 04/03/2016 14:35 -0400
An unprecedented leak of more than 11 million documents, called the "Panama Papers", has revealed the hidden financial dealings of some of the world's wealthiest people, as well as 12 current and former world leaders and 128 more politicians and public officials around the world.
More than 200,000 companies, foundations and trusts are contained in the leak of information which came from a little-known but powerful law firm based in Panama called Mossack Fonseca, whose files include the offshore holdings of drug dealers, Mafia members, corrupt politicians and tax evaders – and wrongdoing galore.
The law firm is one of the world's top creators of shell companies, which can be legally used to hide the ownership of assets. The data includes emails, contracts, bank records, property deeds, passport copies and other sensitive information dating from 1977 to as recently as December 2015.
It allows a never-before-seen view inside the offshore world — providing a day-to-day, decade-by-decade look at how dark money flows through the global financial system, breeding crime and stripping national treasuries of tax revenues.
Read More At:
BACKDOC: THIS DIVERSITY IN IRANS ECONOMY WILL ONLY EXPLODE FROM HERE!
Thunderhawk: $155m non-oil products exported from Astara customs
Astara, April 3, IRNA- Head of Astra Customs General Administration announced that 373,000 tons of non-oil products worth $155m have been exported from the customs of this province during last Iranian year (ended on March 20, 2016).
Mohammad Shahbazi told IRNA on Sunday that the exported items mainly included agricultural products, food, cement, plaster, detergents, chemical products, textiles, artifacts, rugs and carpeting, clothing, shoes and bag, building materials, plastic, mineral and steel products.
Shahbazi added that the products were exported to Azerbaijan, Georgia and Russia.
Meanwhile, he added that some 57,000 tons of products worth $83m were transited from Astara customs in the said period.
Shahbazi noted that 6,666 tons of products worth $13m have been exported in the form of suitcase trade from Astara customs.
The official said that the exported items mainly included foodstuff, plastic and agricultural products and were exported to Azerbaijan.
BACKDOC: NOW THAT IS SOME SERIOUS GDP! WOW!
Thunderhawk: Iran Exports over 2 mb/d oil, condensates: Zangeneh
Tehran, April 3, IRNA – Minister of Petroleum Bijan Zangeneh said on Sunday Iran is exporting above 2 million barrels of oil and gas condensates a day.
Speaking to Shana on the sidelines of the annual meeting with the ministry’s staff on the occasion of the Iranian New Year (started March 20) on Sunday, he said that completion of the South Pars Gas Field’s development phases is of prime importance to the oil industry’s upstream sector in the current year.
Launching of the Persian Gulf Star Refinery and signing of new petroleum contracts also top the ministry’s upstream projects in the new year, he added.
BACKDOC: LOOKS LIKE OBAMA AND JACK JACK JACK ..... WANT TO SETTLE THEIR DEBTS TO GET BUSINESS ROLLIN AGAIN! DOC IMO
Thunderhawk: Shell pays off debt to Iran
Tehran, April 3, IRNA – The Head of the Ministry of Petroleum Committee in charge of collecting the debts Ali-Asghar Hendi said on Sunday that Royal Dutch Shell has paid off debts to Iran.
Shell owed Iran more than two billion dollars and shrugged off debt settlement for years under the excuse of sanctions. However, with lifting of sanctions, the impediments on the way of payment were removed and the process for the payment has begun.
Initially, there were reports that the debt will be paid just the day after lifting the sanctions but they made several months delay for different excuses in repayment of the debt to Iran. They cited banking obstacles for the delay.
The Ministry of Petroleum quoted Hendi as saying that Shell had settled debt to Iran.
On collection of the remaining portion of the debts, Hendi said the Ministry of Petroleum is in talks and follows up the issue. He hoped that Iran will soon collect the remaining portion.
In mid March, Hendi told IRNA that major oil companies started debt repayment and the payment is in accordance with an earlier deal.
The Petroleum Ministry official said the companies started payment of their debts after lifting the sanctions.
Shell announced recently that it had paid 1.77 billion euros ($1.94 billion) to National Iranian Oil Company to settle its debt.
The Iranian Petroleum Ministry official has not referred the precise amount of cash paid off by Shell but certain sources put the figure at more than two billion euros.