Yada: It is beyond me for people to say we are still in the same position as we were 5 or 7 years ago,,,we were never this close and never had a much accomplished through this weekend,,even the last 6 months has been steady progress,,could we have RV'd as some point? Yes,,but the handlers are creating a financial utopia to correct the currency issues in Iraq and around the world,,,
JSL: yada To honest this Utopia is not centered around our needs, it is centered around their agenda, but we are closer, maybe really really close, Still hoping for this week
Yada: Agreed Jsl,,,what do we have? the banks and currency are qualified as international meaning they've met all the requirements to be released,,the banks in the US are on high alert because the Treasury is telling them to be,,the on the ground issues with removing Isis has seen Iraqi flags raised in the most troubled areas,,,IMF/US have approved the loan with Iraq that requires reforms to be in place and ready to go,,
JSL: Yada Not to mention the currency system cannot go on in the Old limitations. This is necessary for their system to keep working until the next big issues of the world come up
Yada: jsl,,,,i believe the payments to Kawait were to be in their revalued amount,,not the current values,,
JSL: Iraq will surpass Kuwait in every way ,it is the plan. They have way more resource in every way, including Gold, other minerals, not to mention Oil. It is a done deal, just a matter of time. So that is the issue . Do we have the time and patience in us to be there at the finish line
Yada: jsl,,can you imagine that Iraq will surpass Dubai in wealth?
JSL: yada It is the plan, hard to believe but it is the plan, that is why isis must be destroyed
JSL: As we all know here , In our knowledge of this and our participation We are part of the 1 % now. 99% of the people in the world Poo Poo this, or don't know or don't care. In that sense we are included in the 1%
elmerf123456: False Twitter Accounts
FYI: There are tweets that are going out from Okie00M And ELMERL123456. Please Be aware that Okie does not tweet and someone re-created my Twitter account. Anyone that has techie abilities can easily find out who created these false accounts and will know the truth in that they did not come from either Okie or myself.
Although these current messages are not negative, they are not from us . We do not understand why people want to re-create and post as us and what their agenda is , but be assured Okie and I can speak for ourselves and don't need anyone else to do so! Thank You.
Airam: "Good people do not need laws to tell them to act responsibly, while bad people will find a way around the laws." - Plato (427-347 B.C.)
Airam: "Always do right- this will gratify some and astonish the rest." - Mark Twain (1835-1910)
Fireball92: "All men are created equal and have the right to life, liberty, and the pursuit of happiness." Thomas Jefferson
Skunkworks: A little bit of pondering to do: why are so many bankers commiting suicide?
DoneDoneDone: Nancy's call said we should be done exchanging by the 16th.
Dyoungdc: That's Thursday. So when are we to get the #'s?
DonedoneDone: My Wells Fargo contact said tomorrow….
Lostnq8: done when did he tell you that
DonedoneDone: this morning
Lostnq8: done praying he is right
Gator: Heard same thing elsewhere.
Q: [Have you heard any news on the tariffs being implemented fully?]
BGG : Article quote: "Baghdad announced public company for Iraqi ports, on Thursday, the application of a new list of tariffs, as will be shown that the application of the middle of the current month of June..."
Not sure about "fully" - but they are talking about mid June...and that - my friends IS GOOD NEWS...because I have been pretty adamant in the past about full tariffs = value (or economic death)....let me point this out.
I don't get the sense this is some "broad based" tariff implementation...but it is good news they are headed this direction...things feel a lot like a process "in motion" right now...
If they elevate their full tariff package WITHOUT adding value to the Dinar - it would be economic SUICIDE...hence my comments –
Tariffs fully implemented = value added to the Dinar.
Don961: Economic and financial policies/reforms ... keywords .... IMO
Abadi office issued a clarification on economic and financial policies memorandum of Iraq headquarters recently
Sunday 12-06-2016 | 5:56
Twilight News / Information Office of the Prime Minister Haider al-Abadi counting on Sunday that the paragraphs contained in the economic and financial policies headquarters memorandum recently by the government a proposal for the implementation of economic and financial reforms and the fight against financial and administrative corruption rampant in state institutions and departments.
He said the media spokesman for the office of Prime Minister Saad al-Hadithi told a news briefing, "The Council of Ministers approved in its meeting on recent economic and financial policies that have been reached between the Iraqi side and the IMF memorandum."
He added that "the memorandum will help in the fight against corruption, and provides significant financial support for Iraq shall be submitted within three years, as well as support the credit balance of Iraq and strengthen the confidence of the Iraqi economy, which entails opening the prospect of a promising economic, financial and investment cooperation between Iraq and many countries of the world as well as for Iraq support from various international and regional financial organizations, and encourage the expansion of investment horizons and stimulates the major international companies to invest in various sectors in the Iraqi market. "
He pointed newborn that "the existing paragraphs in the note was a proposal from the Iraqi government for economic and financial reforms approved by the International Monetary Fund and considered successful in this area, and that the government must continue these reforms to achieve economic growth and well-being at the strategic level and who looks to him the Iraqi people."
He continued the spokesman, "the note stresses the importance of maintaining spending in social areas (such as the network of social protection, and displaced persons, health, and education, and the ration card, and salaries), and emphasizes the anti-corruption measures through, inter laws and procedures of fairness and scrutiny on the ghost in jobs and retirement and contracts for construction and include modifying and cemented the laws and decisions of public financial management of the state (such as the integrity Act, the central bank, and the law on access to information). "
He went on saying that "the signed memorandum with the International Monetary Fund confirms to issue directives to government agencies to comply with plans for spending and exchange adopted in international standards and to ensure to stop the waste in public money, and the optimal use of financial resources, and subject to this note with special grades and upper grades to the income tax with exempt military personnel and scores of third down from the measure are untrue and each slate traded otherwise