Thanks to Brenda for Transcribing and compiling this information
The IQD Team Conference Call
Sept. 8, 2011
"Joey, Vic, Diana, Tim, Debbie & Yukon"
As Always.... The Latest Iraq/Dinar Discussion and Analysis
CC Replay Sept. 8, 2011
Replay # 760-569-7699 Pin 219055#
This is abbreviated information from the Call Last Night...Listen to the 60 minutes of the call above to hear all the News shared and the comments by The IQD Team.
We all wish Joey a speedy recovery from her car accident last night on her way to give all of us the news - she was a real trooper in doing the news for us last night. Thanks Joey
Financial Planning 101: Part 1 of The IQD Teams Exclusive Series Recording after the Iraq/Dinar News followed by Q &
EXCITING NEWS DAY:
VIC Starts by reading:
Read More button on right
"Iraq best investment attraction in ME after the Gulf"
Baghdad, Sep. 8 (AKnews) - Iraq has been dubbed the most suitable foreign investment attraction after the Gulf countries in the Middle East, an international organization said Thursday. Iraq has been able to attract what is worth US$6 billion of foreign investment this year in housing and other infrastructure projects. Analysts say that any unrest in the Arab region serves the interest of Iraq in terms of investments. Ilham al-Baghdadi, coordinator for the British T.V.D organization in Baghdad told AKnews that Iraq is the best in the region after the Gulf countries despite the "legal and bureaucratic obstacles" Reports show that ownership of land has been the main deterrence for global investment firms from entering Iraq. The organization is working in Baghdad since July 2009 as it coordinates between the local investment committee and global investment firms. The organization maintains a specialized center for investment studies in the region. Baghdadi said that the reports indicate that Iraq has 5,000 investment opportunities in the public and private sectors with more than 230 foreign companies working in the country. Reported by Jaafar al-Wannan
RN/RY/AKnews http://www.aknews.com/en/aknews/2/260885/ VIC: We come back to those very important words "private sector"...How important do we keep hearing that word to be...private sector...Joey constantly talks about the private sector in articles in regards to the banking everything being in line for the economy in Iraq to open up investors from all over the world are very interested in investing in Iraq With the 2 day Sept 7-8 Summit in London - with all the resources and minerals Iraq wants to show the world that they have and bring investments and it all relies on the Private Sector
DEB Reads...Joey also talks about thi article later in the show
Banker: Delete Zeros Not Raise Inflation ...And Increase the Dinar
DIANA Reads: Lots of investment articles and several tie into the London article she has read over and over over the last several weeks.
There’s More to Iraq than Oil and Gas
Posted on 07 September 2011.
Iraq Business News is attending the Iraq Mining 2011 conference in London on Wednesday and Thursday as Principal Media Sponsor, and it is exciting to see the wealth of opportunities available to investors in the non-oil resources sector. Silica sand, marble, limestone, gypsum, dolomite, kaolin, glauberite and quartzite were just some of the minerals discussed, while metals such as gold and lead may be present in Iraqi Kurdistan and Anbar. A key point is that Iraq is the only country to have abundant reserves of all four of the main requirements for agricultural fertiliser — phosphates, sulphur, nitrates (urea and ammonia, from natural gas), and potash — which are increasingly in demand in the developing world. The Iraqi government is determined to capitalise on this potential as it attempts to reduce its dependency on the oil and gas industry. Seizing the opportunity for a pun, Dr Sami al-Araji, Chairman of the National Investment Commission (NIC) told delegates, “we will leave no stone unturned until Iraq reaches its full potential“. Over the coming days Iraq Business News will bring you interviews with leading Iraqi officials attending the conference. http://www.iraq-businessnews.com/2011/09/07/theres-more-to-iraq-than-oil-and-gas/
Ali al-Adeeb: we have implemented steps to develop investment in the country's natural resources
08/09/2011 19:07 LINK
Joey loves the one about there is More to Iraq than oil
The London article is such an important article....especially with the one you read the other night with Shabibi visiting London - you talk about the riches they have in the ground over there...absolutely amazing...all of these things increasing in demand...in the developing world..they have all of these things
are amazing.....they are determined to capitalize on this and leave no stone unturned until Iraq reaches it full potential and there is such potential for that country it is absolutely amazing VIC: There are alot of names in this article that tell us alot of very wealth and intelligent people have been eyeing Iraq for a long time..
Tony Hayward in line for multimillion windfall after Iraq oil deal
Hayward, who quit BP 14 months ago following the Deepwater Horizon disaster, will be chief executive of Genel Energy PLC, which has oil reserves in Kurdistan
Wednesday 7 September 2011 09.53 BST
VIC: Pretty funny ATTRACTED TO LIST IN LONDON....discussing this several nights ago
Big names in financing....one of the families names we know well...Rothchild
and heres Nathan taking investment in an oil company ready to make tons of money with the position being him being one of the quartet of investors and where else other than Iraq and the Kurdistan area.
Joey: Mr Shabibi that is why he is there - to tell the world how rich and powerful his country is
Article she read last week....Intl investment 46 billion last year in Iraq...
80 billion already this year.....Shell signed contract with Iraq for 98 billion........Iraq is turning into the cash cow of the world
Joey: Articles talk about investment in Iraq and what a lucrative place Iraq really is.
JOEY Reads and discusses Numerous articles about investments in Iraq:
07/09/2011 Arab Monetary Fund to restructure Iraq's debt LINK
JOEY: Organization: Iraq is better for international investment after the Gulf
Posted Today, 07:31 AM
Baghdad, September 8 / Spettmar (Rn) - considered an international organization on Thursday that Iraq is the right environment for foreign investments after the Persian Gulf countries in the Middle East. And enable Iraq since the beginning of this year to attract investment worth about six billion dollars for projects in the sectors of housing and infrastructure. Analysts say that any disturbance in the Arab region in the interest of Iraq in terms of investments. The officials are seeking to establish security before Mgardh Americans. Baghdadi said the important coordinator of the British TVD in Baghdad to Kurdistan News Agency (Rn) "Iraq is the best in the region after the Gulf countries despite legal obstacles and bureaucratic." The organization is working in Baghdad since July 2009 as they coordinate the work between the Alastosmaalotunaih and global investment firms and has a specialized center for studies on investment in the region. And concluded that the organization because of internal unrest witnessed by the countries of the region, including Syria, Libya, Bahrain, Yemen and others. And plans for the recently formed government committee raised the level of coordination with the Investment Authority in an attempt to facilitate the entry of foreign investment companies of the country. Iraq plans to modernize its economy, especially after the signing of oil deals aimed at increasing oil production to four times its current size. Baghdadi said that the reports indicate that Iraq has 5 thousand investment opportunity in the public and private sectors and provides more than 230 foreign company. The government reports that the ownership of land in front of the main reason for the reluctance of global investment firms from entering Iraq. Among the most pressing needs of the development of the vital oil sector in Iraq and build housing and develop agriculture and increase the production of electricity to reduce the chronic shortages of supplies.
JOEY ARTICLE.....Lots of Investment articles Iraqi PM calls for speedy power projects (parts of the article posted below)
(AFP) – 1 day ago
BAGHDAD — Iraqi Prime Minister Nuri al-Maliki met with an executive from US firm Caterpillar on Wednesday, emphasising that Iraq needs quick solutions to its power woes, a statement from the premier's office said. The premier confirmed during the meeting "the need for quick projects to provide electricity so they can add to the general network before the next summer."
Maliki called on "the ministers, officials in the electricity ministry and experts in the energy field to hold talks with (Caterpillar) and discuss the presented projects to reach final results as soon as possible."
According to statement, Rohner said his company is ready to provide for Iraq's quick-fix electricity needs before next summer.
The meeting was also attended by Deputy Prime Minister Hussein al-Shahristani and US Ambassador James Jeffrey, the statement said.
http://www.google.com/hostednews/afp/article/ALeqM5hZmavFcsW2-CuS_HjSomHjlIe8rQ?docId=CNG.1ed529f5773eca2a7522d667c5bbf188.ce1 JOEY: Caterpillar....Sounds like a good place to invest doesn't it Vic?
JOEY: Talks about the thousands of schools & 500 hospitals being built immediately and ties it into this next article and talks about how its ties into the Future of Iraq Project and UNAMI....equal opportunity employer is what Iraq is turning out to be....
Ministry to recruit Indian and Bangladeshi medical staff
Iraq is about to facilitate the trading banks, the civil
08/09/2011 15:30 LINK
JOEY: Amazing when you stop and think about it banks are the key to everything else
pump up the banks and people can have bank accounts and they can digitize the money - come out with ATMS and all kinds of good things... Wants to share some great articles from the CBI and Mr Shabibi .....one gift after another from CBI and Shabs.... will paraphrase a few things in the articles - it gives her and us alot of hope in the dinar community.....
Finance Committee announces received a detailed report from the Central Bank of the Divisions reach deletion of zeros from currency A member of the parliamentary Finance Committee, Haitham al-Jibouri said Thursday that the Finance Committee received a detailed report of the Central Bank of the process of deletion of zeros from the Iraqi currency. Jubouri said in a statement to the news agency public opinion (and babysit): "The Central Bank of Iraq handed over the Finance Committee a detailed report on the process of deletion of zeros from the Iraq process, the current was held a long meeting included Central Bank Governor Sinan Shabibi and many of the advisers and members of the Finance Committee." Noting that the meeting resulted in an agreement on the mechanism of deletion of zeros from the currency and discuss their impact on the currency. " He Jubouri: "The process of switching process as a result of the deletion of zeros will cost approximately $150 million and would continue the process of switching to two years including six months to provide the services necessary for the printer, the currency and the year and a half to change them gradually through the deal." Indicating that it will be the formation of special committees and fortified buildings to reduce the smuggling of the old currency, or the introduction of counterfeit currency. "Adding that the purchasing power of the new currency will be as they are not undergone any change." P / h
JOEY: We know if Shabs is already there saying can we go ahead and RV the currency and he has been working on this for the last 5 yrs Do we honestly think its going to take 6 months to print this currency....I have my doubts about that.
Thursday 8 September 2011
Financial representative: application to delete the zeros of the Iraqi currency is negative for the time being Counting the Liberal MP for the Bloc member of the Finance Committee, Prince Abdul Mayahi the application of the law to delete the zeros of the Iraqi currency as negative at the present time in the absence of security and economic stability witnessed by the country. He said that the law of the deletion of zeros from the currency current are discussed in the Finance Committee is expected to apply early next year, noting that "this matter has negative effects for the time being as witnessed in the country of the instability of a security, economic, political, and witnessed by the Pacific regional variables." "The bill in light of the current study was under the supervision of specialists in the economic, studies have been provided by European institutes developed to take advantage of their expertise in this area." He pointed to the existence of an opposition of some members of the Finance Committee on the implementation of this project at this stage and there are claims to delay it until after the political and security stability and economic development. He explained that he will be hosting the Central Bank Governor and Minister of Finance and concerned with this matter during the next two days. http://alrayy.com/30598.htm
Joey: Comments..hmmm...European Institute...British banking...is that why Shabibi is in London?? IMF.... hmmm Notice the article he says opposition of SOME members Shabibi is in full speed ahead mode.... Joey reads a quote from another great article which came out today: "noting that the meeting resulted in an agreement on the mechanism of the deletion of the zeroes from the currency and discuss their impact of the currency" JOEY READS 3 OF HER FAVORITE........Great stuff....
Iraqi Currency Restructuring- Development of Coins Flashback Iraqi Central Bank has decided to begin local currency restructuring and developing of local currency coins in cooperation with world international organizations and economists . The deputy of Central Bank Governor Modhr Mohammed Saleh, announced Thursday in a statement that Forat TV received a copy of it that the central bank agreed with the Governmental financial institutions on currency restructuring, organization and development of coins . "Also,the central bank decided to introduce a metal coins next three months, which will be of class 1000 dinars and 500 dinars . http://www.alforattv.net/en/index.php?show=news&action=article&id=535
ANOTHER ARTICLE CBI: Banker: Delete Zeros Not Raise Inflation ...And Increase the Dinar Date: Wednesday, 07-09-11 12: 23 pm Baghdad (newsletter).Invited the Chairman of the Board of Directors of the Bank Hussam economy need slave project delete three zeros from the Iraqi currency, which will increase Iraqi dinar exchange rate, saying it did not cause by raising inflation. Obeid said in an interview with a reporter (News Agency KCNA) Wednesday: direct action project delete three zeros is currency is a good step by the Central Bank move to work though, would make the dinar value international purchasing. He ruled that cause project delete zeros in the high inflation rate but lead to raising the rate of exchange for dinar international currencies. He noted that the project was not confusion in the banking business but would facilitate a lot of things through a process of storage and transport, and also eliminate many problems, including incidents of theft and professional errors in counting and others. And Chairman of the Board of Directors of the Bank commented economy about remarks made by some officials and refusing to delete three zeros from the currency: saying: several community views and ideas of all competent could put freely but this project become a reality and is binding on the State to accomplish because it will reduce the money supply, noting that the draft delete zeros will affect the economy, "Yes" through easy circulation in the market, carrying and transporting./finished/8 n. y.. LINK
JOEY: Tae warns from counterfeiting currencies and targeting the Iraqi economy operations accompanying the currency change
Karbala (NINA) – Yousif Hajeem Al Tae, from the Ahrar Bloc, warned from “the control of the neighboring countries on the Iraqi economy and destroy it, during the change of the Iraqi currency with a new one.” Tae told NINA correspondent “the neighboring countries and others will pour counterfeiting currency in order to control the Iraqi economy through voiding the Iraqi currency from its purchasing power to control Iraq’s monetary status.” “The time of the currency change is not right; it was chosen to distract the citizens from the demands to provide services. This operation should e done when Iraq is stable in the economic and political domains,” he elaborated. The Iraqi Central Bank Advisor, Mudhhir Mohammed Salih, pointed out in press statement that the preparations to implement this project are done. /End/ http://www.ninanews.com/english/News_Details.asp?ar95_VQ=FHMLEF
JOEY: repeats sentence.....and comments on the tone of the article but emphasizes the last sentence..excited.....Salih pointed out in a press statement that the PREPARATIONS TO IMPLEMENT THIS PROJECT ARE DONE Remember the article I read the other night about the small from May 2011 Saleh was talking about how bad the currency was damaged - In May when that article came out he stated it would be launched and implemented in 2011 - Saleh says today THEY ARE DONE.... We are ready...GET R DONE
A consultant for the activation of industrial banks and a law to support small enterprises
Baghdad (News). Consultative called in the industrial development of Amer al-Jawaheri the government the need to accelerate the enactment of the law to support small and medium-sized industrial enterprises and loans to them through the industrial banks for the Advancement of the industrial sector.
He said al-Jawaheri correspondent (news agency News) Wednesday: The government has to move towards the promulgation of a law to support small and medium-sized industrial enterprises and speed up and, in order to promote this vital sector, calling for the necessity of activating the work of industrial banks to grant loans to and guarantee the plant and equipment of the company or the laboratory, مؤكداعلي that the project under study now and its work will be long to reach the parliament to approve it for this reason we would accelerate.
Al-Jawaheri Explained the reasons for the giant industrial factories in the country to the "mental" administrative and legal support for how to manage the plant production and marketing and to find solutions to the difficulties it faces.
Consultative demanded in the industrial development of the supporting laws, soft loans and provide electricity and protection for local production and import the lack of similar goods and facilitate and administrative routine procedures for the return of industrial factories to work and this important sector. http://ikhnews.com/news.php?action=view&id=19726
Joey: Discusses the private sector.....as I am reading these articles and the ones from last week thinking about what Shabs had to tell us....Shabs is saying all week and before I am ready to do this and that and implements things....lower denoms.....Council of mInisters....asking for approval for many things........
JOEY: Reads this article and says Maggie this is for you....who is always asking about the Ministers and confusion with the articles.......
Fattah Al-Sheikh: Al-Maliki seeks to pass a foreign agenda to keep the security ministries under its control
Haidar Ali Jawad -08/09/2011 ad-1: 55 | readers number: 3 The Iraqi List member confirmed Fattah el-Sheikh, the Iraqi security forces are not capable of maintaining security in the country, pointing out that when Al-Maliki's security ministries is a matter of suspicion. Sheikh said that: " Iraqi security forces have not found until now a clear strategy to keep security in the country after repeated security breaches in the Ministry of the interior, defence and the explosions and escape." He clarified that "the defense and interior ministries have been pressing files between the Iraqi and the rule of law in order to get more money," he said, adding that "it will contribute to the security ministries to فانة Prime Minister wants to pass a" foreign, pointing out that " when Al-Maliki's security ministries and not allowed to declare the names of the shows the presence of a foreign agenda seeks to pass it in the absence of security prime minister." He pointed out that "security leaders affected بالمحاصصة Sectarianism in the country, which made their loyalty to the party and the nation," adding that "Officers often carried out orders parties defend the doctrine and not home because their loyalty is not to," he said, adding that " the security ministries has shifted from the service ministries to the ministries of profit-generating money for officers and commanders by taking advantage of the associate in exchange for bribes received financial amounts for suspect http://www.burathanews.com/news_article_135526.html
Joey: They have the names...they are NOT allowed to declare the names...been going on for along time... JOEY: Iraqi Air Force Commander: We Need Americans to Protect our Skies
JOEY: Security developments in Iraq, September 7 Source: Reuters // Reuters Sept 7 (Reuters) - Following are security developments in Iraq as of 0815 GMT on Wednesday. http://www.trust.org/alertnet/news/factbox-security-developments-in-iraq-september-7
The kidnapping of the director of the Agricultural Bank in Maysan http://www.burathanews.com/news_article_135419.html
Kuwait refutes reports on HH the PM''s phone call with Al-Maliki
Politics 9/8/2011 2:00:00 AM
http://www.kuna.net.kw/NewsAgenciesPublicSite/ArticleDetails.aspx?id=2188946&Language=en JOEY: Basra's governor asking: Where is the movement to stop the United States exceeded the State of Kuwait and overtaking on the north of Iraq
JOEY: Discusses the Troops...Kuwait and electricity in this article. JOEY: Zobaie demand for the rule of law in resolving the file to speed up the security ministries Student member of the Iraqi state law Talal Zobaie need to speed up the security minister’s name, especially after the Iraqi offer a number of candidates for the Ministry of Defence. Zobaie said in a statement to the news agency public opinion (and babysit) on Thursday: “The need to resolve a security ministries has become an urgent necessity after the submission of the Iraqi List, a list of candidates with about ten.” He pointed out that the list of candidates included people the advantage of efficient, professional and experienced ”. Zobaie said: “There is consensus within the political blocs to spend the need to speed up the resolution of this file and not to delay it longer.” Explaining that there are benefits and electoral blocs of political entitlements of waiting for resolution of the security ministries. “ The security ministries are still managed by proxy due to failure to reach a final agreement on a candidate to fill the existing Iraqi Ministry of Defense LINK
JOEY: Source: National Alliance will be settled is its candidate for the Interior in the next couple of days
Sources said the National Alliance that the coalition will be held within the next two days, an important meeting will be settled in a candidate of the Ministry of the interior. He said: " That the meeting will study the names which have been submitted to the Ministry of the Interior and the possibility of an agreement on one of them to be submitted to the House of Representatives." He explained that: "Despite the coalition assigning it to the prime minister, but that agreement on the name of the candidate is necessary in such things," he said. He added: "That the names nominated for the Interior Ministry is Hussein Al-Awadi, tawfiq Al-Yasiri, demeanour, and Adnan al-Asadi, وشروان Al Waili," Strange. It is worth mentioning that the Ministry of the Interior of the share of the National Alliance, which has not agreed so far on the name of any candidate, even though Al-Maliki to provide the name of tawfiq Yasiri in the past few days http://www.burathane...cle_135409.html
JOEY: After reading all of the articles today and looking for results from the emergency meeting at the UN and the London meetings and not finding anything.......was hoping for some BIG announcment .from those emergency meetings yesterday..have not told us yet.....probably will not hear anything until Sat or Sun when the London meetings are over with..
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