Will open the Baghdad Stock Exchange and infiltrated.. Conference in London will turn Iraq into a bank to finance the bankrupt states
Author: the future of Iraq 17/09/2012 12:00 am BAGHDAD / future Iraqi
parliamentary sources said that a high-level Iraqi delegation will attend a conference on investment in the banking sector and banks in Iraq to be held in the British capital London. Sources indicate that the conference will make Iraq a bank to finance the rescue bankrupt economies and banks in Europe and the United States, as is the case with the GCC banking sector. The sources also indicated that if this plan has, will make the Baghdad market securities exposed, and infiltrated by foreign companies, in return for a scenario that occurred in Southeast Asia in the eighties and caused the bankruptcy of those countries.
[Shredd] yes! That aricle woke me up more than my coffee!
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fhopa] yessir got to have demand
[Shredd] buyers cannot buy unless it's denominated in an internationally recognized currency fact
[Shredd] dayum straight grashopa and this conference this week sets that expectation that demand...
[Shredd] it says above in that article this company is a non-banking financial institution BOOM
[Shredd] when the global investment sector can jump on investment in Iraq you and I are golden for sure awesome news
[Shredd] again, I'm not sayin rv this week or whatever, but this conference is already painting a picture for us
[grashopa] and Shredd ......to set that expectation.........do you think the international community is expecting to wait.....weeks or months???
[Shredd] heck no
[Shredd] this is where the over-used CONFIDENCE in the dinar comes in to play confidence, correctly used, means from the investor's perspective we all know it's not OPINION that there is a ton of money to be made in Iraq, right?
[lightingcslt] Shredd yes
[Shredd] the ability to make the wheels of finance turn in Iraq is what we are seeing in the news as of late banking but more importantly investment grashopa is right...the clock will start ticking and we will continue to see progress have already for quite some time
[grashopa] and leverage it throught out the international community...............brillant
[Shredd] great articles, and proof of what we have been saying, right? this is exciting stuff y'all of course.... needed for Iraq to stand up economically and so many who look to gain are those who need it most countries the financial market as a whole it's a ripple effect not to mention what the speculator's cash-in will do on the local level! Right
[lightingcslt] Shredd you are so right
[Shredd] super news and I'm glad you're all seeing it too
[player46] Central Bank decides to diversify fiscal policy in 2013 Monday, September 17 / September 2012 [Baghdad - where] Iraqi central bank decided to diversify its financial policies in 2013 through the sale of gold and government bonds and foreign citizens.
The deputy governor of the Central Bank of the appearance of Mohammed Saleh told all of Iraq [where], "The Central Bank has decided to not only his financial selling foreign currency from the dollar to the banks, but will have a monetary policy variety in 2013, through the sale of gold and government bonds and foreign directly to the citizen.
" He added that "the sale of bonds and gold to home will not be a substitute for foreign currency, but falls within the new monetary policy, which could be sold by the citizen or the bank to liquidate financial value and benefit."
He explained that "the Central Bank is granting called / leave, investment funds /, a company issued its instructions, and function to promote financial transactions of gold bullion and bonds to the citizen, and this company is non-banking financial institution."
The Finance Committee in the Iraqi Council of Representatives, called for the central bank to cut the foreign currency exchange rate, to reduce the high prices of goods in the Iraqi market.
[player46] "the sale of bonds and gold to home will not be a substitute for foreign currency, but falls within the new monetary policy
[Shredd] did you see the earlier article that talks about Axis? they are one of our clients
[campdav] Axis? No
[Shredd] it was a few days ago
[campdav] missed that 1
[Shredd] also, I see Ernst & Young is a gold level sponsor of this week's conference
[carpentersr] Shredd Regarding Axis.. what are they? Investment group?
[carpentersr] ok cool.. big or small?
[campdav] Axis Invest: http://www.manta.com/c/mtcbfr0/axis-investment-group-llc
[Shredd] carpentersr not too many smalls left out there after the economic crisis, so they are big
CONTINUED PART 2 LINK