RE: Walkingstick: CBI News and announcements
( Declaration ) of the Central Bank of Iraq will launch national bonds ( nominal ) on behalf of the Ministry of Finance nominal terms on 2016 /3 / 15 and ending in 2016 / 4 / 15 Bosaddarah of five categories
The central bank plans to launch a national bonds in five categories of the middle of this month
Mountainman: Awesome WS......Obviously Iraq is Speaking "Louder than WORDS" can say Right Now.......W/"ALL" the (PERKS) that they are Trying to [CREATE] APPEAL to the "CITIZENS".......and The PEEPS "KNOW" what's Coming it (SHOUTS)....NEW VALUE.......
......So the TIMING/INCENTIVES are Just in TIME w/Many GLOBAL EVENTS.......IRAN'S NEW YEAR=MARCH 20.......the USA FED Speaks March 15.....and Iraq w/MOSUL and their Internal Bonds Here Unveiling as "MARCH MADNESS" Continues.......
And This doesn't Even "INCLUDE" ALL the Other GLOBAL REALITIES Spinning Our HEADS CURRENTLY.......IMO
BACKDOC: WITH IRAN HERE MENTIONING A VERY IMPORTANT WORD AGAIN IT MIGHT LEAVE SOME BREAD CRUMBS TO FOLLOW! (see article below)
THEY MENTION HOW TIGHT LIQUIDITY IS! WHY IS THAT? MMMMM
WELL, THEY ALREADY MENTIONED THAT THEY ARE GOING TO BE DOING THEIR OIL BUSINESS IN EUROS RIGHT? RIGHT!
SO ARE THEY DOING ALL THEIR BUSINESS IN EUROS EXCEPT WHAT IS BEING CONDUCTED BY CITIZENS IN THE COUNTRY?
MMMM MAYBE! THEY COULD BE WAY FARTHER ALONE ON REDUCING THEIR NOTE COUNT THAN PEOPLE BELIEVE. I'M ONE THAT BELIEVES SO.
PARTNERS NEED TO BE COMPATIBLE AND I SUSPECT IRAQ IS COOPERATING NICELY WITH ITS SHIA TRADING PARTNER BROTHER!
NICE ARTICLE W.S.! DOC IMO
Walkingstick: Wednesday, March 9, 2016 - 02:00
Seyed Morteza Mirmohammadi
What do you think will happen in Iran’s economy in the Iranian New Year (starting March 20)?
"Iran is going through a second phase of economic normalization," said former Central Bank of Iran governor, Tahmasb Mazaheri, on Tuesday. "It is recovering from recession and opening up to the world economy."
The conference themed "Iran's Economic Outlook" was organized by our parent group, Donya-e-Eqtesad, in Tehran.
The event examined the prospects of Iran's oil, equity, foreign exchange, gold and housing markets, as well as the general state of the economy, in the coming Iranian year.
The economic implication of Iran’s historic nuclear deal on these markets and the wider economy was a hot topic of discussion.
Iran emerged from years of economic isolation in January when world powers led by the United States and the European Union lifted sanctions in return for curbs on Tehran's nuclear program.
Around 150 Iranian businessmen attended the event, which was held for the third year in a row.
Hossein Abdoh-Tabrizi, adviser to the minister of roads and urban development, made his predictions regarding the economy.
According to Abdoh-Tabrizi, what will happen depends heavily on the price of oil and what the government can do in the real and financial economy. Abdoh-Tabrizi said he would consider the budget’s $40 per barrel oil price as a right assumption. He added that commodities have bottomed and most forecasts point to rising prices in the upcoming year, a plus for Iran.
"The government will maintain its grip on inflation and continue to hold it near 10% per year. I think inflation will be between 10 and 12% next year," he said.
Abdoh-Tabrizi said it would hold rial’s value as stable as possible, adding that despite this, the dollar will gain versus rial from its current 34,000 rials per dollar, to 40,000 rials.
The economist said the key point is what the government will do to make banks lend more.
“All data show there is a real credit crunch,” he said.
The lack of liquidity in the system is keeping interest rates high, making bank deposits the most lucrative avenue for investment under the current circumstances.
Mohammad Fetanat, president of the Securities and Exchange Organization of Iran, said due to the higher returns in banking sector, equities will continue to underperform.
“I don’t think the CBI will find much success in bringing down interest rates in the upcoming year. Our review of corporate budgets shows they will grow their earnings by 8% for the upcoming year,” he said.
This growth is feasible, despite the 8.5% drop projected in petrochemical industry’s earnings. The sector makes up more than 20% of Iran’s equity markets. Hence, equities will grow next year, though threats remain.
Fetanat noted that over 5% of companies listed in Tehran Stock Exchange are bankrupt, “regrettably most of them are large investment holdings that need restructuring”.
These will prevent the equities from performing well, though Iran will grow more than expectations.
Abdoh-Tabrizi said lending in the housing market will pick up next year, as regulations now allow all banks to participate in this market.
He, however, forecast that unemployment will continue to haunt the administration of President Hassan Rouhani, saying unemployment would remain high, as participation in the economy is low.
Only 40% of working-age Iranians are active in the job market and 21.5 million have jobs. An Iranian worker supports 3.7 people on average, while the figure is 2.2 people in Turkey.
Short Url : http://financialtribune.com/ar.....redictions
Frank26: IRAN literally steps all over IRAQ without saying ...... Excuse me.
IRAN walks the same steps as IRAQ but they know ............. They have to wait for IRAQ's MR to start before theirs does.
Very nice to see this neck and neck ............. Walk. KTFA Frank
Dnari131: Bloomberg Video:
Iran Oil Lands in Europe for First Time Since Sanctions End
March 6, 2016 — 12:09 PM PSTUpdated on March 7, 2016 — 6:06 AM PST
Walkingstick: Urgent Abadi: we have taken a series of measures to track down and arrest the corrupt senior
Prime Minister Haider al - Abadi, said in a speech addressed to the people, we have taken a series of measures to prosecute senior spoilers and Aatqalhm..itba
Walkingstick: Urgent Abadi calls for popular participation and media in exposing the corrupt and venal
Prime Minister Haider al - Abadi called for popular participation and media in exposing the corrupt and venal and who have crippled the interests of people in the circles Ath..itba
Walkingstick: Abadi regains Real Estate Green Zone from the hands of senior officials
Tomorrow Press / Baghdad revealed parliamentary sources, on Wednesday, issuing Abadi orders restoration of Real Estate Green Zone granted by his predecessor , Nouri al - Maliki for a number of close associates and political influencers.
The sources for "tomorrow 'sPress," that "many of the homes and condominiums seized by the number of MPs, ministers, agents and general managers in addition to consultants and employees of the three presidencies. " the sources said , " Abadi face a number of legal finding exits to restore Real Estate region , "adding that" all those who got the bonds paid a significant portion of the amounts set by the previous government. " sources from within parliament, on Tuesday, for questioning several parliamentary committees, the Mahdi Keywords, director of the Office of the Prime Minister, Haider al - Abadi, in the "secret" session, against the backdrop of issuing books in violation of Iraqi laws and decisions, including those related to real estate the state, and the deduction of Representatives and the staff of a half salaries the second of last year.
Yada: I will remind you all,,we all made the choice to invest in the dinar when 99.9% of the other Americans are not part of this ride,,,yes when the Conestoga wagons went west to discover new lands, they encountered attacks of all kinds, but when they arrived,,the land they received became the foundations for generations to come,,some became cities,,we are the new Conestoga frontiers and many generations will live off of what establish today,,,hang on,,
Landa Global CC Wednesday 3-9-18
Landa Global has been hosting a dial-in conference to inform holders of assets and intermediaries of the current status of the historic bond processes, and general information in respect of procedures.
In addition, Landa and Humanus host Guest Speakers that offer a glimpse into the various Project sectors Humanus is actively supporting, as well as funding.
To access the weekly conference, please observe the following information:
Date: Each Wednesday
Time: 4:00 p.m. CST (USA) or 5:00 p.m. EST (New York)
Conference Number: 641-715-3580
Access Code: 484-959#
International: See international call numbers below. Access code is the same as above.