GOOD SUNDAY MORNING EVERYONE. WE WOULD LIKE TO SAY THANK YOU TO SO VERY MANY OF YOU THAT HAVE SENT EMAILS AND PRIVATE MESSAGES TO US ASKING US TO ADD YOU TO OUR ROOM AND EXPRESSING YOUR MANY THANKS AND APPRECIATION FOR US.
WE HAD NO IDEA HOW MANY OF YOU WERE ACTUALLY READING OUR OPINIONS. SO THANK YOU EVERYONE AND THANK YOU RECAPS FOR BRINGING US TO YOUR MANY READERS.
NOW LET’S TAKE A GOOD LOOK AT WHAT IS HAPPENING WITH IRAQ AND OUR END GAME. SO IT WOULD SEEM WE ARE AT A VERY CRUCIAL PLACE RIGHT NOW IN IRAQ. WE ARE RIGHT UPON THE INTERNATIONAL RELEASE OF THE NEW RATE.
ON THE LAST FEW CALLS WE’VE HAD, WHAT DID WE SAY? ON THAT INFAMOUS CALL WE HAD WITH NOVA? YOU REMEMBER THE ONE, WHAT DID WE SAY? LET ME REFRESH YOUR MEMORY WE HAVE BEEN SAYING FOR OVER A MONTH THAT THINGS IN IRAQ ARE DONE.
THEY CAN NOT GO ANY FURTHER WITH REFORMS OR LAWS WITH OUT MONEY. THEY HAVE TOLD THE INTERNATIONAL STAGE THEY WILL IMPLEMENT HCL ON JANUARY 1. HOW WILL THEY DO THAT WITH OUT MONEY?
THERE ARE MANY MANY OTHER LAWS THAT IRAQ NEEDS LIKE THE INVESTMENT LAW IS A GOOD ONE, BUT HOW WILL THEY TAKE THAT LAW ANY FURTHER WITH OUT AN INTERNATIONAL STAGE?
HOW WILL THEY CONVINCE OUTSIDE COMPANIES TO INVEST WHEN THEIR PRIVATE SECTOR IS NOT CAPITALIZED? IRAQ NEEDS AN INTERNATIONAL STAGE TO CONTINUE.
THE BUDGET …
DO YOU ALL REMEMBER THE ARTICLE I DID SOME MONTHS BACK TITLED DROP IT LIKE IT’S HOT? THAT WAS FOR THE 2014 BUDGET WELL GUESS WHAT FOLKS THE SAME ADVICE COMES FOR THE 2015 BUDGET.
ALL WE NEED TO DO IS APPLY A LITTLE COMMON SENSE HERE TO KNOW THEY CAN NOT DISCLOSE THE BUDGET WITH OUT THE RATE FIRST.
YOU SEE THE BUDGET WILL SHOW EVERY DINAR FROM EVERY SOURCE AND EVERY LINE ITEM THERE BY DISCLOSING THE RATE. DO WE THINK THEY WILL TELL ALL OF PARLIAMENT OVER 237 MP’S AND ALL THE MINISTERS AND COMMITTEES THE RATE BEFORE THE CBI POSTS IT?
I MEAN DO WE REALLY THINK THAT IS A POSSIBILITY? NO! NO! THERE IS NOT EVEN A TINY POSSIBILITY THEY WILL DO THAT.
FOLKS FOR HEAVENS SAKE THEY ADJUSTED THEIR RATE A FEW BIPS AND WERE SURE TO POST IT TO THE CBI FIRST. WOULD THEY REALLY TELL THE GOI OF SUCH AN ENORMOUS ADJUSTMENT BEFORE THE CBI POST IT?
THINK ABOUT IT….NO!
SO I THINK IT IS SAFE TO SAY THEY NEED TO POST TO THE CBI FIRST. WELL NOW WHERE DOES ALL THAT LEAVE US? IRAQ NEEDS THE BUDGET AND THEY NEED IT NOW SO WE CAN PROBABLY SAFELY SAY WE SHOULD SEE AN INTERNATIONAL RATE REAL SOON.
THEY ARE SAYING THEY WILL MEET FOR THE BUDGET FOR TUESDAY, SO LETS SEE WHAT HAPPENS BETWEEN NOW AND THEN. IN ORDER TO SHOW THE BUDGET THEY NEED THE CBI TO SHOW THE RATE OR ANYONE ON THE PLANET THAT READS AND WRITES ARABIC AND OWN A CALCULATOR WOULD BE ABLE TO FIGURE IT OUT.
THERE IS SOMETHING ELSE WE WOULD LIKE TO SHARE WITH YOU, LAST WEEK THERE WAS A SMALL ARTICLE THAT WAS PUT OUT BY RAFIDIAN BANK AND A QUICK 32 SECOND PERSONAL INTERVIEW. IN THIS INTERVIEW THAT WAS IN ARABIC WITH AHMED HASSAN WHO IS THE DIRECTOR OF THE RAFIDIAN BANK IN DHI QAR HE CLEARLY SAYS THEY HAVE THE ATM’S AND THE NEW BANKCARDS WITH THE SIM CARD IN THEM BUT THEY ARE BEING HELD HOSTAGE BY THE CBI UNTIL THE DELETION OF THE ZEROS BECAUSE AS IT STANDS NOW THE NEW MACHINES AND CARDS DO NOT WORK WITH THE OLD NOTES.
THERE IS NO ARABIC WORDS FOR SIM CARDS SO IF YOU LISTEN AT THE 12 SECOND MARK YOU CAN HEAR IT CLEARLY. HERE IS THE LINK FOR THE INTERVIEW
SO WHAT DOES THIS MEAN WELL IT TELLS US THAT THOSE CARDS ARE READY TO BE USED, DO YOU REMEMBER THE MANY ARTICLES WE DID ABOUT THE MIDDLE EAST AND IRAQ IN PARTICULAR HAVING THE SOFTWARE TO CREATE AN ALL IN ONE CARD SYSTEM?
ALL THEIR INFO SUCH AS PASSPORT AND ID AND DRIVERS LICENSE, AND BIRTH CERTIFICATE AND FINANCIAL AID WOULD ALL BE ON ONE CARD?
REMEMBER ALL THEIR BANKING INFO AND THE REPLACEMENT OF THE OLD QI CARD WELL HERE IT IS THEY HAVE THE CARDS AND ARE READY TO DISTRIBUTE THEM. THAT IS HUGE HUGE NEWS. WE DON’T EVEN HAVE THOSE CARDS HERE IN THEIR ENTIRETY YET. AND HERE IS THE LINK OF THE COMPANY THAT CREATED THOSE RFID CHIPS, GO AND HAVE A LOOK BECAUSE WE WILL BE USING THEM TOO BEFORE LONG.
ALSO LAST WEEK WE SAW THE CBI SAY THEY HAVE A SPECIFIC TIME FOR DELETING THE ZEROS AND THEY EVEN LED US TO CONCLUDE WHAT THE RATE MAY POSSIBLY BE, HERE HAVE A LOOK FOR YOURSELVES
Parliamentary Energy declares that the lifting of the zeroes will not affect oil prices and criticized the Central Bank
Published on: 09 December 1 / December 2014
Confirmed to the Committee on Energy and Oil parliamentary member Ugaili Aziz, said Tuesday that "raise zeros from the Iraqi dinar will not affect the low oil prices, the fact that specific prices in US dollars
Ugaili said in a statement to the press, seen it (Iraq) that "the value of the Iraqi oil prices are in dollars, but the lifting of the zeroes will lead to an increase in commodity prices in the country .
Ugaili ruled that "the lifting of the zeroes from the Iraqi currency will be in the coming period specifically in the next year in 2015 .
He criticized a number of experts and specialists in the financial and economic affairs, the central bank's policy of issuing new editions of major categories of the coin, while warning of this procedure being will increase inflation, causing a state of economic confusion and stagflation in Mahlah.ocdoa market, according to news agency dinars on importance of moving and speed up the implementation of the project to delete three zeros from the currency and not to resort to prosthetic solutions issuing new editions, the fact that this project will overhaul the currency and increases the strength and improves performance both locally and regionally .
The central bank had earlier announced that the project to delete the zeros is still standing, but the date of its implementation is specific, as revealed its intention to issue a large categories of currencies as a group (50) thousand dinars, and (100) thousand dinars, and restore the current currency printing until the project application .alkhbayr in the financial and banking affairs Mohsen Ali, said: "The project to delete the three zeroes from the currency is one of the strategic projects and relied on by the Central Bank, he will overhaul the Iraqi currency again and reduces the money supply because it will reduce the large numbers Kaltrliunat and billions and other ".
He added that "this project will serve the country in many ways, including, to create a balance in the inflation rates, and facilitate the preparation of the annual budget process for the State, ministries or provinces, and reduce errors in the big financial accounts, as well as he would the Iraqi dinar to the regional and global stature." He pointed to: that "the central bank when a promising project to delete the three zeroes from the currency His goal was to reduce the large masses of cash and create a balance in the market rates of inflation, it cannot issue new editions of major categories, because it is considered prosthesis solutions are irrelevant to the country, but it would hurt the economy terms of increasing stagflation in the market . "
While economist Dergham Mohammed Ali, pointed out: "The subject of restructuring the currency would be useless without the implementation of the project to delete the three zeroes from the currency for the purposes of legal, administrative and regulatory at the same time." He explained Muhammad Ali in an interview that "the issuance of currency with a large class safety specifications for high discharge the need for the project to delete the zeros of the budget, which will be transferred Alterellnah box to box Alumblyaria, which are commensurate with the budgets of neighboring countries and reduce the differences between the dinar and the regional currencies, including re-consideration mathematically and value judgment of the Iraqi dinar . " READ MORE HERE.
WHAT ARE THEY SAYING HERE? RETURN TO THEIR REGIONAL AND GLOBAL STATUS; REDUCE THE DIFFERENCE BETWEEN THE DINAR AND REGIONAL CURRENCIES? THE CBI HAS A SPECIFIC TIME? WELL GUESS WHAT FOLKS WE BELIEVE THAT TIME IS HERE.
FOR WEEKS WE HAVE BEEN SAYING YOU WILL NOT SEE ANY MORE LAWS PASSED, YOU WILL NOT SEE THE COMPLETION OF THE GOVERNMENT PROGRAM AND YOU WILL NOT SEE HCL OR THE BUDGET WITH OUT THE RATE.
THERE IS NO WHERE LEFT FOR IRAQ TO GO BUT OUT. THEY NEED TO GO OUT TO THE INTERNATIONAL MARKET. ABADI AND CO ARE NOT BUILT TO FAIL, THEY HAVE SET TIMELINES AND WE BELIEVE THEY WILL KEEP THEM.
IRAQ WILL BE WORKING ON THEIR ECONOMIC REFORM AND THEIR LAWS FOR YEARS TO COME. BUT THAT WILL NOT AFFECT THE EXCHANGE RATE OF THE DINAR.
THOSE LAWS AND REFORMS WILL BE PUT IN PLACE TO PROTECT THE NEW RATE OF THE DINAR. REMEMBER BANKS MAKE THE MONEY AND POLITICIANS WRITE LAWS TO SPEND THE MONEY. MALIKI WILL REMAIN PUTTERING AROUND OR HE WILL FINALLY BE ARRESTED BUT WHO CARES?
HE WILL NOT AFFECT THE EXCHANGE RATE OF THE DINAR. ISIS OR DAASH WILL COME AND WILL GO THEY WILL FLARE UP FROM TIME TO TIME, BUT EVEN THIS WILL NOT AFFECT THE EXCHANGE RATE OF THE DINAR.
FOLKS EVERYTHING IS IN MOTION IT WILL NOT BE STOPPED AGAIN WE THINK THIS RIDE IS ALMOST OVER. ALL THE PLANNING OF THE LAST 40 YEARS IS FINALLY HERE, THE DINAR WILL FINALLY BE RELEASED TO DO WHAT IT WAS DESIGNED TO DO AND WE ARE JUST FORTUNATE ENOUGH TO BE TINY TINY TINY PART OF THE BENEFITS.
SO TAKE A DEEP BREATH AND SIT BACK AND ENJOY THE FINAL TWISTS OF THIS ROLLER COASTER RIDE BECAUSE IT IS ABOUT TO BE OVER.
HAPPY HOLIDAYS AND LOVE TO ALL …MY LADIES