Airam: IKO one question .....the B- given to Iraq ....does that means Iraq is internationally good for business ...... and what about the currency ....good for business with monopoly currency
Iko Ward: Airam...it means they are moving toward legitimacy. Everybody wants this thing to go off like a Staples EASY Button. It doesnt work that way. Wish it did, but the world is now a very complicated place.
June1: IKO -Yes this world is so complicated - unbelievable so!! that is why the longer they take the harder it gets!! a leader has to make a decision - he has to make a judgment or choice he definately has to make that to make that touchdown - there is no turning back!!
Airam: IKO The WTO admission requires this or the international currency .....sorry if it's a dumb question ....but just trying to learn….. This kind of economic movement have never been done before so I understand that different situation may arise and have to be worked out....in the moment .....things mayb not thought before and as economics is like a revolving door .....always moving and changing
Iko Ward: Airam... I think they are testing this just as they have tested everything else. When this hits it will rock the cradle and they are all very nervous.
AuthorSO: : Here is a short youtube video about Iraq's credit rating by Fitch. This video is 4 minutes 25 second in length. It is very informative.
AuthorSO: If I were an investor ;) just hearing about this new rating for Iraq, I would see this as an announcement of a new currency in town. Guess what folks, two major dealers are shut down. Amazon and Ebay are running out of currency. What does this tell us all? Go RV..............
The Credit rating means there is a rate hidden somewhere
It is more than a start. It is a process that has began.
We are probably in the midst of a RI right now and not hearing anything about that just yet.
RV is the next step
Ivantulofitov: F26 quote > Jabouri wanted a higher CR but he understands this is the start of adding value and that is the focus right now for the currency. The RI is being kicked in iMO and the B is the RI phase that will take us into the RV.
Airam: Frank26 The CR (Credit Rating) was issued at a B minus but given as STABLE. Moody and Finch is the first to report this last night. The other agencies are waiting for instructions. It is NOW Iraq's Sovereign CR…..
Jabouri wanted a higher CR but he understands this is the start of adding value and that is the focus right now for the currency. The RI is being kicked in iMO and the B is the RI phase that will take us into the RV…..
Many small things are leading to one big thing. IMO...the thousands that will show up at the Sheraton tomorrow [Saturday] may be that the CBI is announcing..."open for business"..
Mangelo: and on the other side we hear the whales are going through and we should be next......wow, sometime i get a little confused.... i guess that's natural.
Rrrr: The tariffs were delayed for one simple, obvious reason... The RV and the approx.. 4 reform laws (one of which is the National Guard law) that will be announced and implemented at the same time, need to happen first, to insure both border security and sufficient dinar rate…. IMHO
OK Rocks: The CBI meeting happened... The Reform is happening... The Citizens, Religious Leaders and Blocks are backing Abadi for the Government Reform! To Clean out all the corrupt within... This is all good folks
Rrrr: “If you build it, it will come”. It has been built! It will come without all the judging, blaming, analyzing, miss-informing, complaining, and negative comments! Seize this Moment of RV. It’s a truly magical moment. Be in awe that you were chosen to receive this Blessing. Don’t try to touch it. Just feel its presence. Don’t try to understand it. Just know that it is here. No questions, No doubt. When the time is perfect, the universe will Break it Out.
Airam: no higher PURCHASING POWER ....no TARIFF......they need RV
Rrrr; It is a Magical weekend in August, only hours from RV, I’ve done my plan A…. I’ve done my plan B, Heck, with all this free time, I’ve got a C and D. Whatever occurs, it WILL quench our thirst. Enough to PIF the world, enough to make our pockets Burst. So let us give Thanks, as our moment is near
Airam: This is getting better by the minute ppl .....just hang on .....always knew it was going to be rough at the end of the ride
Tishwash: The announcement of the date of delivery of the employees' salaries
For today's Iraq
Said a special source in the Ministry of Natural Resources and the government of the Kurdistan Region yesterday that it was deposited in banks amounts required for the salaries of all the institutions in the distribution of the Kurdistan Regional Government the middle of next week
Between the source where it was deposited the required amounts for the month of June by the Kurdistan International Bank to a number of the Ministry of Finance and Economy banks Kurdistan Regional Government.
The source pointed out that the amounts that have been deposited in the banks, are the proceeds from the sale of oil of Kurdistan, the little ones in Iraqi currency, while the bulk of the dollar in the currency, so you need the Ministry of Finance to take some time for the currency conversion of the dollar to the Iraqi dinar.
On the date of the distribution of salaries source said that "because of some business routines and time spent on the currency conversion is likely to be the distribution of salaries on Monday or Tuesday of next week '
[xyz] Abadi Office: financing private sector will develop five trillion dinars, the Iraqi economy
"predicting that "the project to enter into force during the next two weeks."
[xyz] Allaq: CBI helps in evaluating Iraq economy of the Central Bank of Iraq, Ali al-Allaq, stated that the CBI represents a means for evaluating the Iraqi economy by its regular activities. http://en.alforatnews.com/modules/news/article.php?storyid=20885
[xyz] Abadi promise to launch comprehensive reforms plan
[xyz] Urgent Council of Ministers held an extraordinary meeting tomorrow to consider the guidance and reference demands of the demonstrators …. And went out on Friday, popular demonstrations in Baghdad and several provinces to protest against poor services and corruption, as confirmed by the Supreme religious authority, during his Friday sermon, the right of people to demonstrate to demand their legitimate rights, loaded with power parties responsible for the problems of the country, as demanded by Prime Minister Haider
[xyz] The central bank released today a loan of $ 5 trillion dinars for banks [industrial, agricultural and real estate] http://translate.google.com/translate?tl=en&u=http://www.alliraqnews.com/modules/news/article.php%3Fstoryid%3D12052