Iraq an economic Study

Posted Today, 12:56 PM
Vice-Chairman of the Finance Committee is expected to equal US dollar Iraqi dinar during the next biennium
Date: Sunday 11-12-2011 12: 19 pm


Baghdad (newsletter). Outweighed Financial Committee member and Deputy/National Alliance Haitham Al-Juburi is equal to saraldinaralaraki/before dollar during the next biennium following implementation of the project to delete three zeros from the Iraqi currency.
He said Al-Juburi told the reporter (News Agency news) Sunday: go by the Central Bank of Iraq to the retention rate of aldinaramam dollars for the current period, this indicator show that the monetary policy in Iraq is able to make the Iraqi dinar equivalent of US dollar the dinar the unique offset by $ 1.
He noted: this keep was by selling large amounts of dollar at auction and others to pump Iraqi banks to control the Iraqi dinar against the dollar.
Jaburi added: the next biennium will see another directed at the Central Bank to make the Iraqi dinar is equal to the dollar through injections so the dollar and sold at auction add to the draft deleted alasavaralthlath of Iraqi currency because it makes the size of the Iraqi currency, continued us bkodralamlh: waltagralaraki citizen therefore does not need that money to buy the dollar on switches a commodity or a car or sales, saying the draft deleted alasavaralthlath currency "exists" and issued its decision irrevocable párvulos started and will be implemented during the next biennium From now on.
And standing member of the Finance Committee that the Central Bank of Iraq will continue its policy of supporting the Iraqi dinar, expected next year will keep Iraqi dinars to the dollar the American conservative for its price.
Earlier, parliamentary and financial adawallgnh on MP/Kurdistan Alliance/Risalat Najib saraldinaralaraki increase to USD over the next year as a result of the Iraqi economy remains dependent on oil revenues annually.
Najib said in a statement earlier (News News Agency): I expect during the year (2012) to keep the Iraqi dinar against the US dollar price is not worth the fact that Iraq continues its unilateral supported on oil revenues.
Najib said: If the Federal Government and the Iraqi State that makes a strong Iraqi dinar in the direction of foreign currency, it should consider how to strengthen the Iraqi economy and diversity through the activation of all economic sectors in the country./finished/8 n. p.
[link to www.microsoft...ew%26id%3D26701]

here is a second article This is a nice article that goes well with this one.

Abadi, describes the deletion of zeros from the Iraqi currency, provided that necessary measures be associated with incorrect
09/12/2011
The head of the parliamentary Finance Committee Haider Abadi, that with the deletion of zeros from the Iraqi currency as an important and necessary condition that the procedures associated with sound and correct.Abadi and predicted that "the start of the new currency to replace the beginning of 2012, wondering whether enough time remaining to the procedures associated with the replacement of the currency or the extension period will be longer. Abadi said that a number of precautionary measures have been discussed with the Central Bank to be the replacement process successful and correct. The MP for the rule of law that one of the precautionary measures are to be currency safer and less fraud because the old currency and the percentage of fraud where few but the amount was large, pointing out that the fraud case of an international and not without a state by as long as any fraud rings Valtzoar is in America, Britain and other nations.And Abbadi, "The new currency will not reflect negatively on the inflation situation in the country and financial transactions will be in Iraq, easier and better delete the zeros. He noted that "the new place that will bring the process of replacing the new currency and destroying old currency not yet been determined. Abadi said that the size of the Iraqi currency has become unreasonable and we are not the first country in the world to replace its currency, because many countries have preceded us in this context, such as France, Turkey and others.

[link to translate.goo...ews%26id%3D6702]

Read more: [link to dinarvets.com]

Posted Today, 05:14 PM
Continues …read more .. Here's the second part of the post...

He Jubouri the next biennium will see a different direction with the central bank to make Aldenarabraghi equal to the dollar by pumping amounts Okbermn dollar and sell it at auction project to delete Alocefaralthelat of the Iraqi currency being makes the size of the Iraqi currency Bakdralamlh the U.S., and continued: Therefore, the citizen and the Altagralaraca does not need to replace his money to Atarand buy a commodity or a car or Other, confirming that the draft deleted Alasfaralthelat of currency “based”, and issued its decision, irreversible and started his first steps will be implemented during the next biennium from now.

and Zkredo the Finance Committee that the Central Bank of Iraq will continue its policy to support Aldenarabraghi, expected next year will remain the Iraqi dinar conservative on the price front Aldolarralomirka. Earlier, Eliminated Edwalganh financial and parliamentary MP / Kurdistan Alliance / Najiba Najib increase Sarraldenaralaraca against the Dollar over the next year as a result of the Iraqi economy is still dependent on oil revenues annually. said Najib in an earlier statement (of the Agency news):

I expect during the year (2012) retained Aldenarabraghi its price against the dollar but did not increase its value the fact that Iraq continues its economy unilaterally dependent on oil Baaradath annual.

The answer: If the government wants the federal and relevant state of Iraq to make Aldenarabraghi strong toward foreign currencies, it should consider how to strengthen the Iraqi economy and its diversity through the activation of all economic sectors in the country.

[link to www.sotaliraq...6#ixzz1gFqFr9HG]



[BondLady] now ill grab u the translations
[BondLady] sarraaldenaralaraca = iraqi dinar will equal to usd
[BondLady] dinaromam = iqd against dollar
[BondLady] maharidl = sign
[BondLady] dinaraluahd = one dinar
[BondLady] aldenarbarghi = irqai dinar
[BondLady] edwalganh= member of committe
[BondLady] delete alocefaraalthelat = delete the three zeros
[BondLady] baaradath = income
[BondLady] ty delta for those

Read more: [link to dinarvets.com...]

Read more: [link to dinarvets.com]

What's a biennium? They referred to that a few times in those articles..

2 years

Seems like everything is on course for the first of the year, and perhaps a little before.

Posted Today, 07:54 AM
December 12th, 2011 07:06 am Haitham al-Jubouri: There are indications that the Iraqi dinar is confirmed, the dollar during the next two years Baghdad – and babysit -

Most likely a member of the Finance Committee and the National Alliance MP Haitham Jubouri price equal to the Iraqi dinar against the dollar over the next two years after the implementation of the project to delete three zeros from the Iraqi currency.

Jubouri said that “the trend that the Central Bank of Iraq’s retention rate of the dinar against the dollar during the current period, this index indicates that monetary policy in Iraq is able to make the Iraqi dinar is equal to the dollar” offset any dinar per one dollar.

He pointed to: that this was retained by selling huge amounts of dollars at auction, and inject them into some other Iraqi banks to control the price of the Iraqi dinar against the dollar.

Read more: [link to dinarvets.com]

08:08 AM
President Obama official schedule and guidance, Dec. 12, 2011. Iraq Prime Minister Nouri al-Maliki

By Lynn Sweet on December 12, 2011
[link to blogs.suntime..._sched_782.html]



THE WHITE HOUSE
Office of the Press Secretary
FOR IMMEDIATE RELEASE
December 11, 2011

DAILY GUIDANCE AND PRESS SCHEDULE FOR
MONDAY, DECEMBER 12, 2011

In the morning, the President and the Vice President will hold an expanded bilateral meeting with Prime Minister Nouri al-Maliki of Iraq in the Oval Office.

Following this meeting, the President will hold a bilateral meeting with Prime Minister Nouri al-Maliki in the Oval Office. This meeting is closed press.

Later, the President will hold a joint press conference with Prime Minister Nouri al-Maliki in the South Court Auditorium. This press conference is open press.

In the afternoon, the President, the Vice President and Prime Minister Nouri al-Maliki will participate in a wreath laying ceremony at Arlington National Cemetery.

Later in the afternoon, the President will meet with Secretary of State Clinton in the Oval Office. This meeting is closed press.

Read more: [link to dinarvets.com]

IQD Team Explains Drop the Zeros and The 1 to 1

Read more: [link to dinarvets.com]

Headlines:


Iraq Foreign Relations Committee Member: Maliki to obtain written assurances from Washington to achieve sovereignty for Iraq
Maliki to visit US Chamber of Commerce Seminar
Editorial:Drop 3 zeros from the dinar
Maliki will participate in a symposium U.S. Chamber of Commerce in the presence of more than 250 U.S. companies and global
Jubouri: There are indications that the Iraqi dinar is confirmed, the dollar during the next two years
Trade: Iraq at the mercy of the importer
Government in Baghdad: 22 U.S. company decides to enter the Iraqi market
Deputy of the Economic Commission accuses neighboring countries to disrupt law of customs tariff in Iraq
CBS News: Obama, al-Maliki to chart future for U.S., Iraq
Maliki up to Washington; Prepares to meet Obama and a number of officials
Telegraph: Iraqi prime minister arrives in US for diplomacy talks
Najafi: House of Representatives will host the prime minister after his return from Washington
Parliament votes on the nine important laws next Thursday
CBI Daily Currency Auction Dec 12 2011: $145 million
CBI T-Bill Auction Dec 7, 2011
[link to thecurrencynewshound.com]

SK, can you make heads or tail of this editorial?

Editorial:Drop 3 zeros from the dinar
Posted: December 12, 201
[link to thecurrencynewshound.com]

Last Edited by calin on 12/12/2011 09:52 AM

Thanks for the news Calin. I will check it out and get back to you. sk

Cool!

Well that one is plagued with bad translations I think. But it would seem to be saying that if you buy iraqi dinar for 1170 to one after the zero's are deleted you will have a value of $1 for each dinar. And that the US will be getting Iraqi oil cheap, in essence. He seems to be saying its the Iraqi people that are getting screwed in the process. sk

I believe this article is referring to the same things and its a little easier to understand.

IQD Team Explains Drop the Zeros and The 1 to 1

Its the one you linked up above. sk

Last Edited by seeker2 on 12/12/2011 10:34 AM

Ok - just checking... things this am were sounding like lopster talk...

Sounds like the person writing the article, an opinion piece, is seeing the set up. Good for the US and perhaps not so good for Iraq. But having said that, it depends on your perception of the benefits to Iraq or lack thereof by the US taking out Saddam.

Although you mention the IQD team in your post, this doesn't seem to originate from their analysis. But is a another rendition, more in depth, than the second article you posted in regards to the dinar. sk

ps I see a link at the bottom of the article which links to the IQD call. sk

Last Edited by seeker2 on 12/12/2011 10:59 AM

Listening to the call now. See what their take is on it. sk

haha - better you than me! lol

Its actually a pretty good one. But you know how they cherry pick their articles. Everything they are pointing out would seem to be pointing to when the troops are out on the 20th and the end of the year. Fits with my feelings. So who know could be a very merry X-mas.

WOO HOO!

Ok if your interested at 79:10 they start talking about the article you posted and had questions about. sk

Well time for bed. See you tomorrow. sk

Posted Today, 09:06 PM
[link to emerginggeos....-chat-with.html]

Enjoy
[link to emerginggeos.blogspot.com]

Posted Today, 11:27 PM
This is my first post on here. Looks like we are close to a RV. On AKNews online they said the ISX(Iraq stock exchange) will be closed fromDecember 20th-January3rd 2012. AKNews is an online newspaper that is from Iraq. Also, Obama and Maliki both said Iraq is a soverign nation today. In order to be a soverign nation you have to have a tradable economy meaning the RV has to be close. Also, in order to be a sov. nation you cant be in chapt7 bankruptcy and you would need to revalue the money. I'll keep my fingers crossed tonight. Lastly, the International Monetary Fund meets with the World Trade Organization next week and they only meet once every two years. If Iraq wants to import/export goods and kick start their economy they have to act fast.

Read more: [link to dinarvets.com]

Kuwait buys more than 5 billion shares in the Baghdad Stock Exchange




Saw the conclusion of the meeting yesterday, a big deal on the shares of Credit Bank. وأظهرت وثيقة حصلت عليها "العالم" تنفيذ شركة الائتمان للوساطة "عقدا متقابلا" باعت بموجبه اكثر من 5 مليارات سهم من أسهم 7 مالكين الى بنك الكويت الوطني في زمن الجلسة الاضافي (بعد الساعة 12 ظهرا) وفقا لاجراءات تنفيذ الصفقات الكبيرة. And according to a document obtained by the "world" implementation of the company credit for mediation "contract Mottagabla" sold under which more than 5 billion shares of 7 owners to the National Bank of Kuwait at the time of the meeting the extra (after 12 noon) according to the procedures of implementing large deals. وتراجعت جلسة الاثنين اثر انخفاض أسهم 18 شركة مقابل ارتفاع أسهم 10. Fell Monday after a session low against the shares of 18 companies contributed to the high 10.

[link to translate.googleusercontent.com]

let's try this....

[link to dinarvets.com]

I feel now more than at any other time, we are just about there. Yahoo. sk

That's an encouraging article. Follow the money....

HEADLINES

GOI pays Kurds $427 million as part of deal to solve oil conflict
Mayahi: Committee for Economy and Investment parliamentary discussed with Shabibi to delete the zeros from the currency
Parliamentary looking economy with the Governor of the Central Bank project to delete the zeros from the Iraqi currency
Mayahi: Parliamentary Committee and CBI are discussing the deletion of zeros from the currency
Najaf Investment announces the withdrawal of five leaves of investment to comply with the no investment
Member of Baghdad Chamber of Commerce calls for the establishment of a commercial control center for investors
Expert: the stock market need to be a law regulating its work .. And increase the stock indicates that the growth of the Iraqi economy
Economic adviser to Maliki: the process of economic reform requires the government directed banks towards lending to private banks
20 economic fairs in Iraq in 2012
U.S. Embassy promises business in Iraq
CBI Daily Currency Auction Dec 13 2011: $149 million
Susan Saad: Prime Minister’s visit to Washington is important for policy-making investment between the two countries
Nujaifi promises vote on oil law next week
Iraq to grow faster than India and China: Obama
The Iraqi market and the poor of imported goods and their impact on consumer
Hanan al: Withdrawal pave the way for the U.S. remove Iraq from Chapter VII
Najafi acknowledges the existence of political differences prevent the adoption of the law of oil and gas
[link to thecurrencynewshound.com]