10-31-12 LoriC: There was a great report today from Steve Hamilton-Clark, CEO, TNS MENA (the world’s largest custom market research organization), that said "Iraq emerges as growth hotspot in MENA.
Iraq is poised to be the next regional hotspot and their GDP is set for rapid growth, pegged at 33% over the next three years, with income levels set to follow suit, creating a distinct middle class.
He went on to say as Iraq moves into its next cycle it is fast emerging as the next big consumer market, home to the region’s third largest population, estimated at 32 million. Steve added, this provides a huge opportunity for brands across all categories to increase penetration, introduce new products and services, and build loyalty."
Read More Link On Right
LoriC Continues: This report is from the best in the business and another great sign Iraq is quickly on the way to becoming the economic powerhouse in the region. This together with the news of an introduction of new currency next month and the US urging the UN to release Iraq from Chapter 7, this investment has never looked brighter!!
10-31-12 Bostonangler: I'm beginning to think and this is just my opinion, that all this turmoil is the smoke I've heard about for the past three years. It seems there would be much more outcry from the IMF, World Bank and UN if one of the world's most influential bankers involved with one of the most important developing economies was suddenly taken out of power.
There has been very little said about Shabibi, yet the news is filled with agreements being reached on the HCL, Chapter 7 and replacing worn out small denominations with new bills. It seems that they are really trying to drive away anyone who is interested speculating on the dinar.
It just feels like something is coming and it will arrive without warning. It is too weird how all this is happening in the news and yet no one on the world stage is saying anything. Perhaps, it is the quiet before the storm
10-31-12 BGG: “Mr. Maliki’s government may be happy to play the sectarian card when it suits him, but he is ultimately driven by a single-minded commitment to ensuring the survival of his own regime.”
“He is supporting an Iranian regime that brokered his own return to power, while also guarding against the possibility that the rise of a Sunni government in Syria could reignite the Iraqi civil war. So it is up to the United States to change Mr. Maliki’s calculations to bring them in line with American interests.”
Which kind of bothers me – it is widely recognized that our current Administration put Maliki in power as well. Does anyone not get the significance of our gang in DC being in bed with Iran?
“He presided over what’s being seen as a witch hunt against leading Sunni politicians, culminating in the sentencing to death in absentia of Iraq’s vice president, Tariq al-Hashemi (and now the sacking of Dr Shabibi – CBI Governor).”
“The next American president needs to increase the costs to Iraq of pursuing its current activities.” Read more
10-31-12 SocalDinar: The longer we can hold our notes the better for us all. So this is a good thing. If the new currency is truly being printed we have a good shot at making some money as these notes will be the lower denoms we need for this to happen.