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TennWolfMan: CBI guys, IMF guys, and World Bank guys are to meet in NY today to try to nail down a rate. Lets all pray it will be a successful meeting..
JerseyBoysFanin: DAVOS meeting today, CBI coming to New York, Meeting with the IMF and World Banks to agree on the rate for the Iraqi Dinar... is being reported on Open Mic this morning. Ya'll should be rejoicing and with uncontainable joy right now.
DC New York also said something else that I didn't catch all of. It was regarding the new rate for the Iraqi dinar. All other currencies have rates listed, but the Iraqi dinar is blank.... like they are waiting to insert the new rate in that spot. COME ON!!!!!!!!!!
Per DC New York... article on pegging the Iraqi dinar to the global economy.... It's an Iraqi article. She is going to have Tish post it here on the forum. The title of the article will be "The invitation of the IRaqi Dinar Linked to the Global Economy". Look for that to be posted shortly.
Uenvoy : But seeing that the news is traveling that the CBI is removing the auctions, and going to float the dinar on the international exchanges. Lets see how long that will take. Like I said hopefully before the end of this week. keeping my fingers crossed.
Dallred123 I just know that this is going down after tomorrow. i think Martha is on to something if you catch my drift. i dont buy all that is said i just said i think she is on to something
Skyward100: Good Morning Tnt family. Here is something I found this morning. Have a great day everyone http://english.alarabiya.net/en/business/banking-and-finance/2016/01/1 9/Iran-to-get-32-bln-of-unfrozen-assets-after-sanctions-end-.html
An invitation to link the Iraqi dinar to the global economy
BAGHDAD Hussein al-Tamimi Tgb
stressed global stock representative in Iraq Osama Mahmoud importance of unifying laws and legislation governing economic action, pointing to the importance of linking the Iraqi dinar to the global economy and thus achieve a monetary value to him in front of the world's currencies, which in turn will give the power of the economic process within the country.
He said in an interview «morning»: that the Iraqi economy at the current stage needs to be clearly defined, pointing out that the laws relating to the economic aspect is still pursuing regulations socialist formula in the economic management of the sector, while economic and trade process pursues an open economy approach or the so-called (the market economy) .
He noted that this duplication of inevitably the economic file management will produce an economy is uncertain, Dhi different results, and here you must know that all the major industrialized nations rely open market that adopted in the production processes and import and export operations theory, and therefore, the state of commercial exchange between the countries process It must be built on a unified economic system.
Mahmoud said, an example of the reality of the Iraqi economy, it continues to rely on letters of guarantee granted to the traders to complete the import of goods operations, and this means limited to Iraqi criticism within the banks, and then prevent the spread of the Iraqi dinar in international markets, and the result was to weaken the value of the dinar and the inability to use it outside the borders of Iraq, noting the importance of the introduction of the Iraqi dinar to global markets.
He continued by saying that the most important results of the unification of laws with economic applications in a market economy theory is to link the Iraqi dinar to the global economy and thus achieve the monetary value of the dinar against the global currency
This in turn will give the power of the economic process in Iraq. He said that the entry of the Iraqi dinar investment and thus can any investor to keep the Iraqi dinar as an investment in the currency market, there is no harm in raising the ceiling of printing the local currency as long as there are cash lid covers the domestic currency trading volume in global markets, also contributes to reduce hard currency emerging from Country, where traders will be able to import goods in Iraqi dinars, as well as an end to the black market phenomenon the fact that traders do not need to buy hard currency to finance their business operations.
Mahmoud said that linking the Iraqi dinar to the global economy leads to obviate the need for an auction of hard currency, which will determine the dinar exchange rate universally Iraqi against a basket of world currencies, helping to rewrite the business model of the private banks, instead of banks reliance on letters of guarantee and daily quota of hard currency given to it by the central bank on which the banks in achieving their profits, the introduction of banks investment as a project In the major internal and external business processes to take an active role in the country's economy in the Renaissance.
One11Freedom: China says Iran joins AIIB as founder member | Reuters, http://www.reuters.com/article/us-asia-aiib-iran-idUSKBN0MZ08720150408
One11Freedom: CBI-Iran to receive $32bn in unfrozen assets – Official, http://english.mubasher.info/news/2893502/Iran-to-receive-32bn-in-unfrozen-assets-Official?
FLOW FLOW FLOW
One11Freedom: Iran National Bank’s frozen assets in Germany freed, http://en.trend.az/iran/business/2482757.html? FLOW FLOW FLOW
One11Freedom: Kuwaiti banks ready for cooperation with Iran in post-sanction era Kuwait City, Jan 19, IRNA – Kuwaiti banks and businesses are ready for resuming cooperation with Iranian banks, Kuwaiti daily al-Rai said on Tuesday.http://www.irna.ir/en/News/81927583/
Beamer: The BIG RESET.. published today >>http://www.profitconfidential.com/economy/willem-middelkoop-this-could-spark-a-global-economic-collapse/
Walkingstick: The release of the assets of Bank Melli Iran frozen in Germany
2016/1/19 16:06 • [Follow-Wayne]
said Nasser Hemmati, Executive Director of Iran's Bank Melli, the release of frozen assets in Germany, next to the lifting of restrictions on transfers of bank branch in the emirate of Dubai.
He explained Hemmati, that Bank Melli had a prior arrangement with the German central bank to issue the conduct of activities license in the city of Hamburg, and indeed the Bundesbank issued a license yesterday.
He said he was under the issued license is the release of frozen assets of Iran's Bank Melli, pointing at the same time to hold introductions necessary to open a branch in London and the topic drawing the issuance of the British government's license in this regard.
He explained CEO that he has removed restrictions on the Bank of Mir Business and the Russian Bank Melli's activities in Moscow, will be the resumption of the activities of all branches of Bank Melli abroad in the near term.
He Hemmati to the existence of negotiations between the Bank and foreign banks in order to find a brokerage service and there is an agreement in this regard, noting that Bank Melli has 17 branches abroad, all of which is preparing to offer its services to traders and businessmen Alaamal.anthy
http://www.alliraqnews.com/modules/news ... ryid=27623
Walkingstick: US airstrike destroys second site of ISIS cash reserves
By Lucas Tomlinson, Jennifer Griffin Published January 19, 2016 FoxNews.com
U.S. warplanes destroyed a large Islamic State bank in Mosul late Monday night – the second time in the last week the military has targeted an ISIS finance center holding significant cash reserves, a senior defense official tells Fox News.
An estimated $45 million in U.S. dollars and Iraqi dinars were located in the ISIS storage facility destroyed Monday in Iraq's second largest city, according to officials.
Early reports indicate the collective strikes on the two sites are "crushing" ISIS, according to the senior defense official. It has been reported that ISIS salaries to its fighters and civil servants have been significantly reduced as a result of the strikes.
The latest comes a week after another U.S. airstrike destroyed an ISIS building in Mosul housing an estimated $90 million in cash.
Around 2,000 ISIS fighters occupy the 1.5-million Sunni-majority city of Mosul, according to estimates from the Iraqi military. Iraqi Prime Minister Haider Abadi said recently he wants Mosul retaken by the end of 2016 and ISIS destroyed.
Iraqi military officials hope to start a ground offensive beginning in the spring.
In the past weeks, the U.S.-led air campaign has increased its airstrikes in and around Mosul, the largest ISIS stronghold in Iraq.
In November, Highway 47 connecting Mosul to ISIS's de-facto capital of Raqqa, Syria was cut off after the Iraqi city of Sinjar was retaken by Kurdish forces aided by U.S. airpower.
But ISIS has made gains in recent days in eastern Syria, according to reports.
http://www.foxnews.com/world/2016/01/19 ... +-+Text%29
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