Aggiedad77: Who remembers what Frank said this week about Iraq's credit....he used one word several time.....CREDITWORTHINESS.......yes he did....and here it is on Friday and we see evidence of just that.....these articles talk about Iraq being CREDIT POSITIVE......and another mentions STRENGTHENING CREDIT RATINGS.....
All are good signs that their egg is about to crack and hatch something really big.....bigger than the world might imagine.....
Frank used the word last night....EXPLOSION.....in one of the videos.....yes indeed.....the view from the edge of the cliff is like no other.....do not be afraid to stand here and witness a global change....be among the first.
Aggiedad77: Talk about kissing and making up.....wow....these two countries have some really bad history between them....yet here is Kuwait willing to extend the olive branch.....willingness to aid in relief efforts as well as helping with the Iraqi displaced citizens....plus supporting the fight against terrorism......
God is at work even in areas where he isn't recognized....and it is good.....I do wonder if they may have discussed the remainder of Iraq's debt to Kuwait that needs to be paid....something around $4 billion dollars....and I believe the postponement of payment was only until 2017.....is KW's willingness to help now because they get a hint of what is about to happen and know the debt will be paid in full....and they too will reap benefits from being an investor in Iraq....time will soon speak I pray. Aloha Randy
PappaJ: GOTTA LAUGH RANDY!!!! REMEMBER THAT KW HAS ALOT OF JOINT VENTURES WITH IRAQ --- LIKE THE PORT OF FAW AND OIL AND GAS FEILDS THAT ARE COMMON THAT WILL AND ARE BEARING MUCH MONEY NOW!!!!!!
THINK IRAQ OR KW ARE WORRIED ABOUT THE CUMP CHANGE MENTIONED IN THE ARTICLES--- NO DON'T THINK SO!!!!!! LOOKS GOOD ON THE POLITICAL STAGE -------
MONEY DRIVES BOTH OF THEM!!!! MOST SEEM TO FORGET THAT IRAQ HAS INVESTMENTS IN OTHER COUNTRIES THAT PAY THEM HANSOMELY ,THAT I WOULD BET ALLOWS THEM TO TO DO THINGS THAT ARE NOT BEING TALKED ABOUT!!!
JUST MY THOUGHTS. PJ
Walkingstick: Abadi discuss with the Kuwaiti ambassador to the relations between the two countries and the followup to resolve outstanding issues
Fri, 03 Jun 2016 04:48:25
BAGHDAD observer news , Mr. Prime Minister , Dr. Haider al Abadi met in his office on Thursday, the Kuwaiti ambassador to Iraq , Mr. Ghassan Al Zawawi. , Said the Information Office said in a statement reported for the Monitor, that "During the meeting , they discussed relations between the two countries and the situation in the region and the victories achieved on terror the follow up to resolve the outstanding issues. " for his part, the Kuwaiti ambassador stressed his country 's support for Iraq in its war against terrorism and to continue to assist in the relief and help the displaced .programs
Abadi and Kuwaiti ambassador in Iraq discuss the outstanding issues between the two countries
BAGHDAD / .. Search Prime Minister Haider al-Abadi, with the Kuwaiti ambassador to Iraq, Ghassan Al-Zawawi, the situation in the region, stressing the need to resolve outstanding issues between Kuwait and Iraq.
According to a statement issued by the Information Office of the Prime Minister "appointed Iraq News" received a copy of the "al-Abadi met in his office on Thursday night, the Kuwaiti ambassador to Iraq, Ghassan Al-Zawawi," noting that "During the meeting, they discussed relations between the two countries and the situation in the region and the victories achieved on terrorism and the follow-up to resolve the outstanding issues. "
The ambassador said according to the statement that "his country's support for Iraq in its war against terrorism and to continue to assist in the relief and help the displaced programs." It ended 15
PappaJ: FAMILY THIS ARTICLE ALONE SHOULD BE SCREAMING AT YOU " MILITARY DONE IN THESE AREA'S " IF THE UN IS TALKING ABOUT IT AREA'S ARE TOTALLY CLEAR ----- UN ALWAYS LEADS FROM BEHIND----- FOR THESE FAMILIES TO RETURN THAT MEANS SAFETY, AND BASIC THINGS LIKE WATER AND POWER HAVE OR ARE BEING RESTORED AT A RAPID RATE IN OTHER WORDS THESE ARTICLES ARE SO FAR BEHIND THE CURVE THEY ARE LAUGHABLE IMO!!!!! MY NAME IS JERRY MAGUIRE --SHOW ME DA -----!!!!!! BLESSINGS, PJ
Aggiedad77: Great points P-J.....and I totally agree with your assessment of the UN leading from the safety of the rear.....to announce something like this is good news indeed of work being "done".....thanks. Aloha Randy
Walkingstick: UN: More than 650,000 Iraqis have returned to their areas after its liberation from Daash
Baghdad -arac Press -3 in June announced Resident Representative of the United Nations Development Programme, in Iraq, the return of more than 650,000 Iraqis to their areas after the liberation of the organization Daash. The Resident Representative of the United Nations Development Programme and the representative of the United Nations Resident and Humanitarian Coordinator in Iraq, Lise Grande, in a statement, on Thursday evening, said that "more than 656,000 Iraqis have returned to their homes in areas liberated from the terrorist group Daash,
Walkingstick: The start of the demonstrations in Tahrir Square in Baghdad
PM: 05: 14: 03/06/2016Khandan
Khandan - began hundreds of supporters of cleric Moqtada al - Sadr marched on Friday afternoon in Tahrir Square in central Baghdad. A reporter for "Khandan", the protesters waved Iraqi flags and chanted slogans against corruption and demanded that the Government ofHaider al - Abadi to expedite the conduct reforms. He pointed out that the number of the demonstrators in Tahrir Square began to mount, pointing out that the security forces imposed strict measures on roads leading to the green Zone.
Delta: (Reposted from Wed. CC) I know we are getting very close to a lot of things going on…
Number 1 is an announcement from the Minister of Planning…this coming Thursday they are going to launch something…very important…and very significant for our investment…they call it the Development Management System...we know the CBI with help from the GOI...they decided to be a cashless society in the long run...their goal is to move the whole country in this direction of e-government or electronic...the launching of this project will be this coming Thursday and it looks like PM Abadi will be present to launch to this...
Without this Management System the financial reform cannot proceed...they have to have this system in place to do the currency reform and the financial reform...So this coming Thursday they will celebrate the launching of this system...so indications are we are getting really close…but we don’t know exactly a date...
Second point...we all know of the deal between Iraq and the IMF...there was information on Iraqia TV and another article today...from the Financial Advisor to Abadi...One thing he stressed is that the IMF Board has to give the final go ahead for Iraq to get their funds...so he said that for Iraq to get this loan they have until June 15th to submit a letter from Iraqi authorities to the IMF board that they do agree to all the IMF conditions and the framework of the loan…and the most important condition to us concerns the financial reform…
They talked of two things...one was about taxes...and the other...they HAVE to lift the 000’s and basically do the currency reform...so this seems to give us a very small window...they have less than two weeks to accomplish everything and send the letter to the IMF...so this letter being submitted will be exactly the same as Iraq accepting Article 8...so by the end of the month of June then...the IMF board will look at all of what Iraq has said they have done...and one is the currency reform and the establishment of the true value of the Iraqi dinar...Again…now these two things seem to point to the idea that we are very close.
Third point….it is about the CBI...my TEAM has been digging into and watching the CBI really closely for a very long time...there is a spreadsheet that the CBI has they have been doing for years and in this is a calculated ratio that they provide…they come up with this ratio to determine the value of the currency…by dividing the foreign exchange assets divided by the money supply…this ratio reflects very close to the exchange rate…and for the last six or eight months the ratio has been showing like 0.85 or 0.86 cents which is close to the value of the USD...
But it looks like we have the magic number in that spreadsheet...when you put all the numbers into the ratio it appears the ratio is basically saying 1 to 1...the magic number is there... I would like to add that even though it is showing 1 to 1...I believe it will come out even higher...because remember they have to add inflation into it...so we could see “out the door” more than one dollar...maybe 1.15 or 1.20...even up to 1.42 is possible...
IMO I think we will see 1.13-1.20 after inflation is added to it...there are so many indicators that we are so very close