Poppy3 : ...BEST NEWS FROM YESTERDAY...IT WAS ANNOUNCED THAT THE CBI WOULD REMOVE THE RATE OF THE DINAR FOR THREE DAYS.
THEN CHECK YOUR MEMORIES THAT THE GOOD DOCTOR SHABIBI STATED HE WOULD NEED THREE DAYS CBI DOWN TO INTRODUCE THE NEW RATE.
Q: [what date did the CBI state they would not show the rate for 3 days?]
Poppy3 : JANUARY 1, 2, 3.
Q: [are you a fan of the 1:1 Ri and later an RV or get er done at 1 time?]
Poppy3 : MY STANCE HASNT CHANGED SINCE OCTOBER OF 2010 WHEN THE IMF POSTED ON THEIR WEBSITE THE AGREEMENT WAS MADE TO ALLOW IRAQ $3.22 CENTS AND UP TO 20% MORE FOR THE COST OF INFLATION DURING THE WAR.
NOW SINCE THAT TIME NOT ONE, I REPEAT NOT ONE OFFICIAL PERSON THAT HAS SQUAT TO DO WITH THE RATE HAS EVER ANNOUNCED ANYTHING DIFFERENT AS A POSSIBLE RATE.
Hub the dinar was instituted in 1932 and was valued at 4.75 plus, in '49 devalued to 2.50 or so...in '71 till '93 was about 3.30...hussein had it 3.22, UN stepped in and it went 3000 dinar to 1 usd. ...
Why would a country have one of the most valued currencies in the world and are now only ahead of VN ZIM, and a few others in that caliber. we know the answer, just do it...
I just know eco 101 says it has to happen to stay in the forefront of the world economy.
Q: [With all that has been done to date, laws, corruption security, loans promised, Can this go on at 1166 past Jan 1st when 2016 budget is supposed to be opened?]
BGG : Simple answer - yes... complicated answer... how much past that date...? probably not long...
Q: [...could you give us 2 or 3 reasons why many are suggesting by Jan1 or soon after?]
BGG: really - ANYTHING CAN HAPPEN at this point... meaning anything at anytime...
Iko Ward: Well guys, Forex seems comfortable these days below 1070. WTI/Brent Crude remain near parity. The tankers are moving (down to 56 from 72). Markets are up. Gold is trading and staying around 1070. Commodities are still down but they don't turn on a dime. All this means is the stage is still set and we're waiting for the curtain. The house manager says any minute now.
Iko Ward : Abadi says he needs three days..like this weekend? That will solve all our tax issues
LH : gm and if this thing doesn't start to happen for US after this upcoming three day weekend, I don't know what I'll think.....it is TIME
Iko Ward : LH - I think the rest of the planet is right behind you.
Iko Ward : London took a couple of swipes at Gold this AM. Now we'll see what New York does. It well only take one of these indicators to go off the rails to pull the rest of the train off the track. So it's anybody's guess. Follow the money, see the RV.
ALLonghorn: IKO Listen to you last night and I have a question: Did you say you thought the money in Zim would not revalue?
Iko Ward: Al, no, just the opposite, ZIM was the sleeper in this crowd.
Famous13: Iko are you feeling like we'll have to wait till this weekend before we see anything?
ALLonghorn: IKO Why a three day weekend to pull this off?
Iko Ward: famous..I just don't know, but it's all set to go. AL, the banks want time to process people before the news hits the general media.
Dour2atous: upside-down, inside-out, and backwards.....it's happening in Europe....here it is in VietNam= http://tuoitrenews.vn/business/32468/vietnam-to-set-negative-interest-for-dollar-deposits-cbank-governor
GJHonor: I wonder if this true , sounds like Kuwait , before they Rv'ed .
Abadi escapes assassination attempt when inspecting military units in Ramadi
urvived Iraqi Prime Minister Haider al-Abadi, Tuesday, an assassination attempt when inspecting military units in the city of Ramadi, a day after restored fully from the organization "Islamic state" Daash. A source in the Iraqi army in Al-Anbar, the network Roudao media, said that " Abadi arrived in Ramadi today, and lose the military units in the city, but the presence in the denominator bridge area in the center of Ramadi subjected to missile attack, withdrew from the area immediately.
"arrived Abadi city of Ramadi today in an inspection visit was attended by the commander of ground forces team Riyadh Jalal Tawfiq, the head Anbar Provincial Council morning Krhot and a number of military and local officials. and said security forces on Monday (12/28/2015) full control over, about 110 kilometers west of the Iraqi capital city of Baghdad, Ramadi. The organization "Islamic state" Daash has attacked Ramadi It may last May and managed to gain control of it after fierce battles with the Iraqi arm
7mmstw: Wanted to share bank story ...best friend in this ride with me for last 5 years...he bought through bank while I bought through dealer...he lives in small town with small branches of big bank...he was called out of the blue by big city WM wanting to review his accounts in big city....friend said no reason to unless exchange possible, WM told him how much VNN he had bought and wanted to confirm contact info including cell...WM said he would be calling....
Freedombomer: abadi convoy came under fire
Walkingstick: CBI News & Announcements
To / brokering the sale and purchase of foreign currencies all companies (postponement uncles)
To / all licensed banks and money transfer companies approved all and the financial investment companies approved all and brokering the sale and purchase of foreign currencies approved all companies (foreign exchange rate)
Walkingstick: Abadi declare the closure of the official working hours on Thursday on the occasion of New Year's Day
Editor: AR, BS 2015/12/29 16:03
Long-Presse / Baghdad
Decided to Prime Minister Haider al-Abadi, Tuesday, disable the official work day on Thursday December 31, 2015, on the occasion of New Year and celebrate the liberation of gray Prophet Mohammad's birth.
Information Office of the Prime Minister, said in a statement received (range Press) copy of it, "Abadi decided to disable the official work day on Thursday December 31, 2015".
The statement added that "always disable came to celebrate the victories of our heroine and edit gray and which coincided with the birth of Prophet Mohammad and Birthdays Jesus Christ and the New Year."
And it announced the Joint Special Operations Command, on Monday (28-12-2015), edit Ramadi (110 km west of Baghdad), fully and raising the Iraqi flag over the government complex downtown, and promised those victories "as a result of the cohesion of rows and the unity of the word", while confirming near edit the rest of the cities "usurped".
The security forces of the army and police, able to support the crowd clan, and fly the international coalition, to achieve significant progress in Ramadi, Sunday, (December 27 2015), and inflict (Daash) heavy losses in lives and equipment, as announced by the Council of Anbar province, Amal Fahdawi, in an interview to the (long-Presse), for cleansing the center of Ramadi government compound completely and raise the Iraqi flag over government buildings.
http://almadapress.com/ar/news/62112/%D ... 8%A8%D8%B9
Walkingstick: Iraq 2016" displays sovereign bonds to sell two billion dollars
BAGHDAD, Iraq Press -29 December: Finance Minister Hoshyar Zebari, Iraq revived a plan to sell bonds two billion dollars in 2016 at a time when the government is working on the face of the danger posed by al Daash. He added Zebari, on Monday evening, that the 2016 draft budget allows the government to sell bonds two billion dollars if lacked sources of financing for the target spending. and was suspended the bond sale plan -
the first of its kind offered by the Iraqi government in the international market in about ten years - in October / October as investors demanded a yield of 11% and said Zebari It is very high.
He added Zebari, on Monday evening, the government hopes to conclude a better deal if you decide to resort to the bond market in 2016 with the achievement of the armed forces victories continuing to organize Daash and support the World Bank and the International Monetary Fund, the Center for Financial government.
He said, "will facilitate the international institutions' confidence in the country issuing sovereign bonds process. He added: "I think that the liberalization of gray will strengthen our position." He sold Iraq in 2006 bonds worth $ 2.7 billion worth in 2028. He received Iraq on the classification -B of agency Fitch Ratings in August / August. Oil prices fell to less than half in the last eighteen months, which is what the government trimmed crude sales, which make up 95% Menh.anthy income (1)