The Secret: So with your statement, " your (you're) not going to believe where M is at LOL." Are we to assume Maliki is no longer in Anbar? Will he be put to pasture because his usefulness is done?
Frank26: He ran ...... Tell You where tomorrow.
FrostyTheSnowman: Lovin' the articles today WalkingStick!
Family ... if your business was EXPECTING a potential INCREASE of 90% ... would you call that a "QUALITATIVE LEAP"???
IMO ... the CBI just did! ;)
Congrats! You're ahead of the HUGE GROWTH CURVE!!! Frosty
Dnari131: Lifting sanctions on Iran contributes to revive the Iraqi market
February 28, 2016 Walter
Iraqi believed involved in economic affairs, that the lifting of the economic embargo on Iran could lead to investment results provided in terms of increasing the presence of Iran’s economic activity in the Iraqi market and the possibility of benefit in raising the frequency of the contribution of Iranian companies operating in Iraq.
The experts stress that what is said about the release of large amounts of frozen Iranian funds will contribute greatly to the revival of the Iranian Altoman exchange rate against the dollar, which will have an impact on the Iraqi economy due to the large size of the commodity exchanges happening between the two countries.
They point out that the geographical and historical neighborhood factor between the two countries will be an assistant in the benefit broad sectors of the two countries from rising incomes, where the Iranians promotes religious tourism development between Iraq and Iran, which is a reliable responsible for tourism companies. He said that a lot of active companies in this field to prepare itself for a new phase of activity after a period of stagnation that prevails in the hotel sector, especially in the provinces of Karbala and Najaf.
The attention of the Director of «Barcan» bank branch in Baghdad, Mr. Amir, in a statement to «life», to the importance of the security environment, which helps in providing better services to customers after increasing the number of branches of Iranian banks operating inside Iraq provide.
Experts find that the expected shift in the Iranian economy will have positive repercussions on the Iraqi productive sectors suffer from the decline in activity and thus would rebound on the Iranian commodity production account.
He says economist Muhammad Sharif Abu Mayssam, if costs rise in Iranian production sectors, which is found in the Iraqi market, a large window for marketing their products and contributed greatly to the dumping policy that have hindered the growth of the real sectors in the country, will contribute to raising the sale of its products in Iraq, the price of more than prospects of lower demand for these commodities, and pushes in the direction of search for local alternatives to satisfy the needs of the market and thus supports local producers and facilitate the task of the government’s drive in support of the private sector.
He predicted that the resort Iranians producers who Genoa huge sums of money marketing their products in Iraq, to enter the Iraqi labor market and investment to reduce the cost of production, marketing and ensure the continuation of the domination of a large segment of consumers, which will help provide more jobs for the unemployed to work.
The lifting of the ban on Iranian banking sector, will ease pressure on the Iraqi market, which has seen an increased demand for hard currency Iranian traders who have contributed to the fluctuation of the dollar’s exchange rate against the Iraqi dinar as a result of the growing demand for hard currency to finance their external trade, as well as prospects for the low activity rates tourism from Iraq to Iran, which has seen a dramatic rise over the past years, due to rising incomes of the middle class and the decline of the Iranian Altoman exchange rate against the dollar, which would mean a decline in the money supply flow from Iraq to the Iranian market rates.
BigIron: The government will gradually remove remaining exchange restrictions and multiple currency practice (MCP) with a view to eliminating exchange rate distortions (MEFP, ¶19).
Such a move towards acceptance of the obligations under Article VIII of the IMF’s Articles of
Agreement will send a positive signal to the investment community that Iraq is committed to
maintain an exchange system that is free of restrictions and MCP for current international
transactions and thus facilitate creation of a favorable business climate.
As a first step, thegovernment will, by end-February 2016, amend the Investment Law, or issue clarifying
implementing regulations, to remove the limitation on transfer of investment proceeds that gives
rise to an exchange restriction, as recommended by a recent technical assistance mission of the
The government will implement reforms on anti-money laundering and combating
the financing of terrorism (AML/CFT) (MEFP, ¶20). This would improve the integration of the
domestic financial system into the global economy and lower transaction costs, improve
governance, and reduce the size of the informal sector. As a first step, the government will, by end February
2016, draft and adopt a by-law to set up a mechanism to comply with the relevant
AML/CFT international standards.
https://www.imf.org/external/pubs/ft/sc ... cr1611.pdf
WOW IMF talking. WOOHOO
Mountainman: Well FRANK....As Per Your CCALLS......The "TIMELINE"......Is (RIGHT) "ON TIME".......IMF etc......Seems "THEY" Follow a (BLUEPRINT)......LOL......As LONG as One Has "COMPETENCY" in "IMPLEMENTING" said (BLUEPRINT).....ALL will FALL (INTO) Place......WHY???...."Because A (PICTURE) is WORTH A 1,000 WORDS"!!!!!!!!........(8).......IMO
Dnari131: Oh My
Statement by Treasury Secretary Jacob J. Lew on the Signing of the Trade Facilitation and Trade Enforcement Act of 2015
WASHINGTON – “Today’s bill signing marks a major step in this Administration’s goal of moving countries towards more market-determined exchange rates and preventing currency devaluation to gain a competitive advantage.
BACKDOC: GREAT ARTICLE BROTHER, THANKS!
DO YOU ALL REMEMBER WHAT I SAID ABOUT A "GLOBAL REALITY VALUE"? GOOD!
THIS IS A HUGE START IN REACHING THAT GOAL! THIS WILL HELP CREATE THIS GLOBAL CONCEPT OF VALUE!
IF THE NEW ASSET BACKED CURRENCY WAS 100% BACKED BY GOLD THIS WOULD NOT BE NEEDED BUT SINCE IT ISN'T 100% BACKED BY GOLD, THE CONCEPT OF VALUE HAS TO BE RE-DETERMINED!
ALL THE NEW DIGITAL ASSET BACKED CURRENCIES ARE BACKED BY ASSETS INCLUDING GOLD BUT NOT 100%, THATS WHY VALUE HAS TO BE STANDARDIZED!
ONCE THE MONETARY REFORM IS COMPLETE A CHAIN REACTION WILL BEGIN TO TAKE PLACE IN DETERMINING THAT NEW VALUE WHATEVER IT WILL BE!
OF COURSE THE CENTRAL BANK OF THE U.S. WILL LEAD THE WAY SINCE IT STILL HAS THE MOST POWERFUL RESERVE CURRENCY IN THE WORLD!
WITH THIS SHOWING UP AT THIS TIME I BELIEVE ITS MAGIC! HEE HEE
GET READY TO GET A COIN PLUCKED FROM YOUR EAR WHEN YOU LEAST EXPECT IT!
RIGHT NOW THERE ARE A LOT OF MOVING PIECES GOING ON IN THE WORLD BESIDES IRAQ!
THE ONES IN IRAQ ARE MIND BLOWING ENOUGH BUT TONIGHT THUNDER AND I WILL BRING YOU SOME MORE MAGIC FROM BEHIND OZ'S CURTAIN!
BECAUSE, BECAUSE, BECAUSE, BECAUSE OF THE WONDERFUL THINGS HE DOES! OHHH WE'RE OFF TO SEE........DOC IMO
Dnari131: Good Stuff Doc....as the hits keep on comin! I bet We all agree with Jack LEW..bring out the REALITY RATES!
Switzerland backs Iran to join WTO. Switzerland backs Iran to join the World Trade Organization,
Swiss President Johann Schneider-Ammann said in a meeting in Tehran with Mohsen Jalalpour, the chairman of Iran Chamber of Commerce, Industries, Mines, and Agriculture.
February 27, 2016
tehran times : Switzerland backs Iran to join WTO