[Scooter-EG] Najib said that "the central bank and government in the event will allow them to take action and contribute to a new monetary policies to control prices of the Iraqi dinar against the dollar, they will be able to cancel the wait and start deleting the zeros and the restructuring of the currency."
[Scooter-EG] That's an interesting paragraph
[BondLady] yep theres a couple a really good things
[Scooter-EG] Then follows it with this
[BondLady] mind if i show ya 1 too scooter ok
[Scooter-EG] She Najib that "the central bank is still working to control the lifting of the Iraqi dinar exchange rate against the dollar," afterthought by saying that "political and security situation and economic development at the present time does not help to delete the zeros and the restructuring of the Iraqi currency."
Read More Link On Right
[Scooter-EG] Is she saying two different things there or is that just a double negative Oxymoron statement hmmmmmm need to re-read that again I think I'm missing something
[Scooter-EG] OOO -- No I was wrong mis-read on my part priscilla927 -- This is a great article too
[BondLady] i had 1 to show u to scooterman when u get time
[Scooter-EG] The basic salary jumped 22 per cent since May 1, therefore prices of the group of goods and other services in Hanoi rose 2.75 per cent, the highest rate among 11 main groups of goods and services, while the prices of goods and other services in HCM City surged 1.72 per cent.
[Scooter-EG] 22 Percent in in May WOW Vietnam is learning from China's mistake They are letting the people's salary increase with the economy it's the only way otherwise that bubble will burst and burst hard Good for them
[Scooter-EG] here's the thing with Vietnam they will follow china why because that's their largest customer what's stunning about Vietnam is that they have a 92 million person populace and the demographic is very young so when their consumption starts to rise it's going to continue to rise
[Scooter-EG] it's not like china whereby the demographic is older and the retiring the Vietnam populace has a huge percentage of workers between the ages of 17 – 37 I forgot the exact figure but it's significant
[Scooter-EG] BondLady BondLady You had something BL?
[priscilla927] Scooter-EG Thank you
[BondLady] yes sir have like 10
[BondLady] Source: Agency news - 25/05/2012 Strategic expert: Iraq Created the possibility of more international free economic zone in the triangle of FAO . Expert emphasized the strategic Tawfiq inhibitor, the possibility of Iraq create more than one area of international economic free on its own way of investment, noting that the area of a triangle FAO will be the best as it will change the map of trade in all countries of the world.
said inhibitor (agency news) Friday: The Iraq has a geographical location that connects the continents of Asia, Europe and which can create more than the international economic free in all provinces, especially in Basra, specifically in the "triangle of FAO," which was chosen as the best area of international trade Qaibdila for the "Hong Kong" since the eighties of the last century.
And: that the area triangle FAO will change the map of trade exchange in the world as it will attract all the commercial manufacturer in the world to it because it will give advantages of saving time and cost through the transfer of goods.
confirmed: that the goods are currently transported through seaports and duration (28) days until delivered to the location specified it, while this region Stakhtsr time to (6) days because it will transform the journey from sea to land,
and continued: in addition to that it will reduce the cost of goods and by (45% to 50%), which will provide another service to the global community.
and the inhibitor: that Iraq will benefit from the revenues of the project, which will exceed oil revenues, the current as well as of global goods, which will be outfitted with a direct and cheap prices, because the area will be a focus for industrial goods, the world and through the distribution is to the world. said inhibitor is that this region needs to establish a body specialized free zones and have her full powers, and the establishment of the contribution of Iraqi companies working in partnership with foreign companies, in addition to the founding of Basra Holding Company, through which
[BondLady] through which international companies come to invest in this region, stressing that it will take into account the interests of all the world. http://www.iraqdirectory.com/DisplayNewsAr.aspx?id=19566
[Scooter-EG] Holy cow -- now that's an angle that hasn't been discussed Who wrote this ? hmmmm
[BondLady] i agree
[Scooter-EG] Have you ever seen the worldwide oil and gas pipeline map
[BondLady] dont think so
[Scooter-EG] they are very interesting because it resembles this article
[BondLady] this is the port thats gonna be kuwaits rival
[BondLady] and open them to the international world
[BondLady] of course i see ch 7 commin off in there future
[Scooter-EG] hahahahaha but the map is clear in terms of trade and fueling
[BondLady] international banks want to come in now even prior to removal of ch 7 and u.s. currency companys wanting to take the iqd global all huge things imo
[Scooter-EG] Take a look at the country of Kazakhstan Great future growing three times the rate of Russia and has enough oil for a very very long time their minerals are ripe as well but with only 20 million people and that land mass and their location it's right in the middle of Asia Great buy for me
] nevertheless back to Iraq BondLady completely concur
[Scooter-EG] and if you take a look at the new ordinances from the CBI site ] it more than opens the door for the big boy banks to come in and partner with the local banks Heck
[BondLady] yep i have another article also
[Scooter-EG] when you consider they can now leverage up to 300% of the big banks assets those are very large numbers but BL you've brought out a point that hasn't been discussed but is probably one of the most beneficial to Iraq is the the trade location it's perfect particularly when you consider those lines going north through Turkey
[Scooter-EG] All that Qatarian natural Gas can now transport directly through Iraq to Europe And Europe uses natural Gas a lot
[BondLady] it is perfect
[Scooter-EG] a lot more than the US. yes, Indeed!
[BondLady] an they should have already had this port finished but they had to fight over it 1st ugg
[Scooter-EG] I don't know about India and China in terms of Natural Gas Demand but those numbers would be interesting to review
[Scooter-EG] I know the Kuwaitis are in an interesting position
[BondLady] i posted a article just today
[Scooter-EG] and here's why
[BondLady] that talks about just how much they lose from the gas burn off daily
[Scooter-EG] I don't think they have as much true crude left in that small country
[BondLady] great wasted resourse
[Scooter-EG] as we all expect