(Post from Debbie, The IQD Team)
The IQD Team Conference Call
October 16, 2011
Highlights from CC
"Joey, Vic, Diana, Tim, Debbie & Yukon"
As Always.... The Latest Iraq, Dinar & RV Discussion and Analysis
Post & Pre RV
CC Replay Oct. 16, 2011
Replay # 760-569-7699 Pin 219055#
Highlights from CC and links to articles discussed.
Listen to the entire call above to hear
all the News shared last night.......All about Iraq, The Dinar & The RV
Joey reads her favorite article of the WEEK...Loves this article....stop and think about the ramifications of what this gentlemen is really saying.............
Read More Link on Right
Economic analyst warns: increasing the rate of inflation will hamper the process of investment in Iraq
On: Sun 10/16/2011 13:41
Baghdad (news) .. Said economic analyst for the spectrum Abdul Salem said that the continued rise in inflation will lead to the reluctance of investors to enter into Iraq for the purpose of investment, calling to find solutions to reduce or minimize the rate of inflation in the country.
Abdul Salim told the reporter Agency (news) said on Sunday: The persistence of increase the rate of inflation for consecutive months in Iraq will lead to a flight of investors from entering the country for the purpose of investment, indicating that inflation is one of the issues that are a sign of weakness in front of the investor and hinder the process of investment within the country.
He noted that this increase is the sequence of inflation came as a result of the presence of imbalances of the structure of the Iraqi economy and the instability of prices in the market.
The Abdul Salim in the Iraqi markets when prices are high, they did not fall, which lead to increased inflation rate in Iraq, and continued: that most of the world get the increase in prices for a limited period and then return to the Fares old.
and stressed economic analyst the need to find a package of administrative reforms and accurate studies for the purpose of reducing the inflation rate in Iraq, or reduce it, calling for a role of oversight and follow up the real by the government on the markets.
The deputy governor of the Central Bank of the appearance of Mohammed Saleh in an earlier statement (of the Agency news) that the policy cash and of the Central Bank is able to take the necessary steps and actions necessary to curb inflation happening in Iraq, through the control of the proportion of cash as much as possible and to influence the external value of money, in addition to using some of the policies as a policy the exchange rate or interest in order to reduce the rate.
Salih stressed that inflation is under control, unlike conversations exaggerated that it reached the extent of risk, and continued: it becomes more serious when a proportion of tied places and now is the rank of one decimal.
The Deputy Governor of Central Bank: In the past, the inflation rate does not exceed (3%) and now become (4%) due to the world's expectations of inflation, which led to increased wages for real estate, food, etc., making the inflation builds himself and heading upward, calling for monetary policy to take the tools necessary and the procedures necessary to halt the inflationary expectations and reduce the constant increase it. / Finished / 8. n. r /
Joey: WOW....Shabs has told us over and over again...the tool he has to reduce inflation....is to restructure the monetary currency in his country thru the deletion of the zeros and the raising of the value of the Iraqi dinar...
Amazing article.....stop and think about it....
As inflation goes up, their money is worth less and less....if you have someone looking to invest in their country they might think Iraq is in trouble...Shabs really doesn't want that to happen..........Great article.... Many Other articles shared below:
Yukon asks Joey how important she thinks this article is she read at the beginning of the call...
JOEY: VERY IMPORTANT......Isn't it the Roadmap to the RV??
Thats how important it is
They laid it all on the line to us...haven they?
Their whole country right now is thru the banking system.....banking system needs to pump up the private sector so they can have liquid capital in their bank and work in conjunction even with the stock exchange thru investment to grow their country
If you allow inflation to take over and you dont do anything to stop it... it will curb investment ..wont have money to give to the private sector...cant grow the country ...cant RV their currency
its a complete circle......
Yukon asks Joey is she will read the key points one more time.....
This article is probably the most important article along with the one we shared the other night - the one about Iraq getting ready to share their budget with us....because The Budget is the window in the very sole of Iraq....
Joey reads the key points again....it does not get any plainer than this sentence...
"The Central Bank is capable is taking the necessary steps and actions to reduce inflation in Iraq."
Do you really think they are going to shackle Shabibi for very much longer?
The country will redline if they don't do something..they are at a very vulnerable place right now..
Inflation scares them it will reach 10% and they do not want that...they need investors....want to
look attractive to the outside world...they want to stick their foot into the global market,...
JOEY SHARE MANY OTHER ARTICLES:
Another Great One.....
Under the auspices of the United Nations and the Government of Iraq 30 Iraqi company signed the global compact local network, announces breakthrough in Iraq in order to strengthen joint alagttmaaet responsibility
Diana: Shared a GREAT article........THANK TO DENIS FROM CANADA FOR SENDING THIS ONE........
Adoption of a mechanism "account the mother" in the Iraq Stock Exchange
Baghdad / Orr News
Adopted a branch of the company "Forex" in Iraq, the mechanism of "parent account" in the stock market, for deposits to investors, since the probability of loss is very low, and profit rates guaranteed. And apply this mechanism for the first time at the level of buying and selling currencies, in order to encourage the Iraqi investors access to the world of currency speculation.
The official confirmed the company's branch in the city of Erbil's Kurdistan region, Samir Zibarion "the company is suffering lack of expertise of the investor in this type of investment since entering Iraq across the region, but that's normal due to the lock on the same country for more than four decades."
During the past months, in order to overcome this obstacle, "we have dedicated a large part of the funding to start awareness campaigns and large-scale and organized dozens of training programs were satisfactory results, with growth in the volume of investment gradually to include dozens of the governor, where he began trading actually realized profit rates are encouraging," according to Zebari. He noted the achievement of company profit rates last month stood at 6 percent per month, and the investor is entitled to withdraw profits and the amount of deposit at any time.
2011 Operational Rates of Exchange
New Rates updated on 29 Sep 2011, changes only
No mid-month revision for October 2011
01 October 2011 Excel file
Finance House expects recycling large amounts of current year budget
Mutlag: Call for a Budget 2012 on the Basis of the price
Economists range: neighboring countries put pressure on politicians to the continued flow of goods to Iraq
Shahristani: Iraq's investment in the ground has become fertile ground for the reception of all companies
Finance Committee: raising the trading in the stock market a good indicator of the Iraqi economy
Arbil made a condition to implement the constitution clauses and Erbil agreement to resolve its problems with Baghdad
Zamili: The collection of signatures of all the House of Representatives not to renew the cycle of the presidency of Ministers of the two phases
Diyala Awakening reveal the pressure to cooperate with al Qaeda
The House of Representatives not to renew the cycle of the presidency of Ministers of the two phases
Iraq Resort to the use of the American Companies for the protection of Iraqi Airspace
Strong Man: Iraqs PM was once the great hope for democracy..today he looks more like Saddam-Lite
Diana: Shared an article of Interest about Iraq THANKS TO DOC G
An Embrace of the US Spun and mexied by Iraqis
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760-569-7676 Pin 219055#
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