[wmawhite] millionday ...what did that say???
[ROBINREDHED] ???????????????????????????????????????? splain lucy
[wmawhite] millionday ....need some help here.
[millionday] they are going to sell the USD as a foreign currency on their auction as they do all others now what this means is this the official currency of iraq is the dinar and they expect and are working to make it remain that way
[millionday] Following adoption of the June programme of work tomorrow morning (4 June), Council members are scheduled to be briefed by Oscar Fernández-Taranco, Assistant-Secretary-General for Political Affairs, in what appears to be an effort by the UK,
the President of the Security Council for June, to revive the DPA “horizon-scanning” briefings that it initiated in November 2010 and which were held throughout 2011 but have since become less frequent.
Read More Link On Right
Tomorrow’s “horizon-scanning” session will be the first such briefing since September 2012, with several issues, including the situation in Mali and the wider Sahel, the preparations for the second Geneva conference on Syria, and Iraq-Kuwait, on the agenda.
[millionday] note -- UNSC meeting for the middle east -- including iraq and kuwait on the agenda
[wmawhite] millionday hmmmmmmm
[millionday] While a number of Council members were opposed to reviving the horizon scanning briefing, consensus was reached to hold the meeting after it was agreed that the topics would be circulated well in advance hmmmmmm
[gpleas] I'm like little red riding hood lost
[millionday] the UN is meeting and one of the things they are talking about is iraq and kuwait and their issues resolved
[wmawhite] millionday ....slip Chapter 6 in under the wire.
[millionday] right -- only one issue keeping it from entirely and i would expect they would pay it -- seems we are looking at chapter 6 imo
[ROBINREDHED] arghhh, why dont they just release why do we need a meetin, i said they done, kuwait said they done, moon need to say it
[sunnyca] millionday Is this meeting public?
[wmawhite] millionday .....$11 billion
[millionday] coming around the mountain as she comes sunnyca no robinredhed i say it too
[ROBINREDHED] well than its true
[wmawhite] write the check, please.
[millionday] we match and that makes it so lol brb with more
[cookie2] Million, do you think they plan on paying it after the RV ?
[KathieSt] cookie2 doesn't it make more since to pay in Dinar that has rv'ed lol I forgot we are dealing with Iraq lol they don't make since lol
[millionday] hmmmmm cookie2 before
[millionday] The White House on Monday tightened restrictions against Iran by directly targeting the country's currency for the first time, as the U.S. and its allies push Tehran to abide by international nuclear standards.
"This promises to make Iran's weak currency even weaker and more volatile," said a senior Obama administration official. The goal is to make the currency, the rial, "essentially unusable outside of Iran
[millionday] history always repeats itself smile brb with more
[millionday] Still different reactions to the meeting between Iraqi leaders last Saturday at the home of Ammar al-Hakim, head of the Islamic Supreme Council,
which interact in various political and popular circles with a particular focus on reconciliation that took place between al-Maliki and Prime Ministers of Parliament Osama Najafi.
As Iraqis hope the good of this meeting, which has helped it is the calm enjoyed by the Iraqi street, about four days ago, where you do not get any incidents of explosions and violence is referred to as the stigmatized.
In this context, member of the Iraqi parliament on the mass of the Islamic Supreme Council Furat al-Shara told «Middle East» that «there are efforts underway both within the Supreme Council,
which sponsored the meeting, or between the political blocs in order to start phase of dialogue through bilateral meetings and triple to put the word into practice honor ».
He said al-Shara: «we have found that the word of honor is more important than all that can be signed now charters and agreements, where we find an urgent need now because we move to the stage of research problems and differences through a new situation and a new awareness is based on the participation of everyone after realizing Everyone can not be a party alone to achieve what he wants.
[millionday] Shara revealed that «the most important in that there is a meeting will bring together Prime Minister Nuri al-Maliki and parliament speaker Osama al-Nujaifi to discuss the disputed issues between the legislative and executive branches which will have a positive impact on the level of the work of the parties at the resumption of parliamentary sessions.
Meanwhile denied united coalition led by Osama Najafi, the possibility of the return of his ministers to the government. The coalition said in a statement, said that «the statements made by some of the parties and announced the existence of negotiations for the return of the minister does not have health»,
indicating that «this news is accurate nor her health and comes in the context of jamming on the attitudes and decisions.
The statement pointed out that «the resignation of ministers came to protest the government's approach exclusionary, and neglected to respond to the calls of the protesters who are still demanding their legitimate rights, and the use of excessive force against them»,
adding that «did not happen until today any change on the ground so that a decision is made to reverse resign and return to the government.
[millionday] so the meeting has produced nothing that made the ministers happy at this point but they are not done and many activations have not been done yet so no worries
[millionday] The coalition in a statement that «the presence of leaders of the (united) to meet leaders of the blocks came as a message to reassure the street and desire things and not to hinder any effort to end the crisis suffocating plaguing the country today»,
stressing that «in case of any practical progress significantly in the context of reform required to meet the aspirations of our people and our fans appropriate step it certainly is.
[millionday] so we have not finished the meeting but are very willing to go help
[ROBINREDHED] IM IN' ill go help
[millionday] they are finishing the meeting and the reforms and we have a very happy UN meeting as well -- calls going on with high fives and najafi and maliki getting along -- this is good news all the way around – also they have decided to sell the USD as a foreign currency on their auctions ---
[millionday] so we have on going meetings and we have lots more but the blow up today is just a lot of drama so lets keep to the facts and we will have our answers soon enough
[LBnFL] Both at same rate?
[millionday] whooop whoop both what at the same rate ?
[jimplants] i will take happy un meeting for 3.45
[letsroll] Is this THE National Meeting we have been looking to take place or should we look for another ?
[LBnFL] selling dollars at same rate as dinar in auction?
[cookie2] Happy Happy Happy : )
[The s family] When can we be done?
[NUMBERS] jimplants ill sell them my dinar for $14.38 each
[no-regret] millionday what do you mean sell the usd at auctions isn't that what they have been doin thx
[no-regret] do you mean the forex type market ?
[millionday] LBnFL they said the rate that cbi gave them to use so -- what ever that rate is
[millionday] i mean the currency auction that iraq has been selling currency at for the minimizing of inflation ect and to control their rate ] they have been having an auction for about four or five or ten years
[no-regret] i don't see the change is all
[LBnFL] so what will be different according to the article?
[millionday] the change in what hun ?
[no-regret] i don't understand how that will help change in the auction
[millionday] they are making it one of the currencies that they are selling as a foreign currency on the market only and are applying their regulations
[werblessed] millionday would you mind explaining same rate when you are done i think i understand , i just want to make sure
[no-regret] k thx i think i understand
[millionday] i would love to -- but i dont know what they mean either i can say this
[millionday] the cbi has applied an official rate for the usd and have not told us what it is lol
[no-regret] k cool
[werblessed] millionday thank you
[millionday] so i dont know what it is at this point or we would have this whole page full of whooop whooop
jimplants] it helps with international trade when they get cranked up
[millionday] let me check one more source and i will brb
[no-regret] it's all good just trying to figure this stuff out lol
[millionday] very much so we would know a lot more if they would tell us for how much lol brb
[Lajewel] millionday What is the difference between selling as a foreign currency vs. what they have been doing?
[lorijeanmarshall] So if they applied a rate to the usd wouldn't that rate be known to the world as the rate?
[werblessed] i think i understand i think but i hesitate cause i have a good chance i wrong
[millionday] they have been allowing citizens to go to markets that sell currency and buy it or to banks and request it -- now the auction will only allow who they want to have the usd have it and will also apply the regulations and minimize what they are allowed to buy and also the reason why -- for instance travel -- and for business ect
[Lajewel] millionday thanks
[millionday] lorijeanmarshall only if it is at a paired rate like --- usd/iqd
[millionday] outside the country or on the stock market by cbi make sense ? smile
[lorijeanmarshall] Makes sense though
[no-regret] millionday thx for your help
[lorijeanmarshall] So the UNSC meeting is still on the 14th right?
[millionday] yw all the time so that is the news tonight and i hope it was encouraging it sure was for me