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Iraq an economic Study

 
calin

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08/19/2013 09:32 PM

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Re: Iraq an economic Study
SDR site?
..............................
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THE SECOND AGREEMENT: "Don't take anything personally. When you are immune to the opinions and actions of others, you won't be the victim of needless suffering." ~ Don Miguel Ruiz, The Four Agreements
Alexander

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08/19/2013 10:41 PM

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Re: Iraq an economic Study
E1 (Eagle1) reported that the ForEx made a strong attempt to get the 198 global currencies loaded last night but there was a problem, E1 doesn’t know what was the problem, and supposedly they were able to get it done at 6:30 am today; the IMF is antsy to get this done, and E1’s information is that if it’s not done by Wednesday, he believes the IMF will take action • E1 also reported that suddenly, his IMF sources have gone dark • E1 said he has not seen the ForEx this active on a Sat/Sun as they were this weekend, and Frank agreed, he has not seen this kind of activity before; Eagle1 stated his source reported: all currencies are poises at the edge of a precipice, waiting for a bridge to cross to new territory.

• E1 spoke with Wells Fargo today and Wells Fargo said if we are exchanging IQD (after the RV) and deposit in a 0-balance, non-interest bearing account, they will treat it as a TAG account, and it will be protected from the devaluation of the USD on Oct 8; this is not in writing yet, but this is HUGE!



Kenya from Stage2Omega that has 30 years banking experience said on a call - "Basil compliance brings asset backed resources to our money so we will be the ones to usher in the new money. The UST (TRN – Treasury Notes) will now back our money. The IQD will be paid in the new UST. " She also emphasized that we can't comingle it with any other currency. Eagle1 was on Frank's call and he said he spoke at length with a WF rep that said the same thing basically. Doing this as will protect us from the potential drop in the USD (decreased buying power) that will take place in Oct. once new Treasury notes are introduced.

TNT Chat: [loechin] Spoke to some of my guys all are looking for anytime now that we should be close to the end of the 191 countries

Just an FYI for those holding dinar outside of the country. From the intel going around it seems if you CE outside of the US the rate will be the same as the Iraq international rate of $3.44. The US negotiated a special (much higher rate) for those inside of the US to quickly gather in as many IQD before they become worthless after the 30 day CE window as Iraq is getting rid of all it's 3 zero currency to prevent fraud or money laundering by those inside of Iraq sending currency into the US for a CE.

Last Edited by Proud Trump Supporter on 08/19/2013 11:53 PM
The truth is incontrovertible. Malice may attack it, ignorance may deride it, but in the end, there it is.
Winston Churchill
Anonymous Coward
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08/19/2013 10:45 PM
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Re: Iraq an economic Study
SDR site?
 Quoting: calin


Sorry, meant The sdr's on the IMF site. Currencies updated daily. Still hoping one day Iraq will be added to the list. Here is the link:
[link to www.imf.org]
PIR
Indeed...

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08/19/2013 10:46 PM

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Just posted on fb by Phoenix

"Major economic and banking things ongoing in the United States and Iraq behind closed doors at this time . Appears to be a coordination of sorts. Details forthcoming..."

[link to www.facebook.com (secure)]
 Quoting: PIR


CBI website is down right now too.
 Quoting: YTFox

I don't use facebook...what does it say?
 Quoting: calin


It was covered on tonight's show in great detail went into a lot of info with the callers also GOOD STUFF!:

Link: [link to www.blogtalkradio.com]

Last Edited by PIR on 08/19/2013 10:48 PM
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08/19/2013 10:50 PM
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Re: Iraq an economic Study
Just posted on fb by Phoenix

"Major economic and banking things ongoing in the United States and Iraq behind closed doors at this time . Appears to be a coordination of sorts. Details forthcoming..."

[link to www.facebook.com (secure)]
 Quoting: PIR


CBI website is down right now too.
 Quoting: YTFox

I don't use facebook...what does it say?
 Quoting: calin


It was covered on tonight's show in great detail GOOD STUFF!:

Link: [link to www.blogtalkradio.com]
 Quoting: PIR


I like Phoenix...no frills or guru B.S., just straight clean honest info. Stryker is another good one for factual info. as well.
Anonymous Coward
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08/19/2013 11:46 PM
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PIR got a question for ya. What do you think Phoenix was hinting at and alluding to us that we should be looking for. He stated we could see 2 of the 3 things.....any ideas on what the 3rd is???
PIR
Indeed...

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08/20/2013 12:13 AM

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PIR got a question for ya. What do you think Phoenix was hinting at and alluding to us that we should be looking for. He stated we could see 2 of the 3 things.....any ideas on what the 3rd is???
 Quoting: YTFox


The third thing was something he has been hinting about for weeks that he has had on his calender that began today.

He said the two things we can see are the two meetings that took place in Iraq and the US today and the third thing is the "event" he has known about for weeks that was to start today.

Said something to the effect of the two that are seen are governmental but the third unseen event is something corporate but all three are connected and all three related to the "surprise" the CBI is about to come out with.

Last Edited by PIR on 08/20/2013 12:14 AM
Anonymous Coward
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08/20/2013 12:18 AM
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PIR got a question for ya. What do you think Phoenix was hinting at and alluding to us that we should be looking for. He stated we could see 2 of the 3 things.....any ideas on what the 3rd is???
 Quoting: YTFox


The third thing was something he has been hinting about for weeks that he has had on his calender that began today.

He said the two things we can see are the two meetings that took place in Iraq and the US today and the third thing is the "event" he has known about for weeks that was to start today.

Said something to the effect of the two that are seen are governmental but the third unseen event is something corporate but all three are connected and all three related to the "surprise" the CBI is about to come out with.
 Quoting: PIR


I must say after his call I am getting a bit excited :) I am going to look back through his notes and see if I can't find what he has hinted at. Looks like between now and the 22nd something may come about :)

I think he is waiting on a CBI announcement. But that may just be hopium kickin in. Gotta stay grounded, so I won't get me hopes up.
PIR
Indeed...

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08/20/2013 12:35 AM

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PIR got a question for ya. What do you think Phoenix was hinting at and alluding to us that we should be looking for. He stated we could see 2 of the 3 things.....any ideas on what the 3rd is???
 Quoting: YTFox


The third thing was something he has been hinting about for weeks that he has had on his calender that began today.

He said the two things we can see are the two meetings that took place in Iraq and the US today and the third thing is the "event" he has known about for weeks that was to start today.

Said something to the effect of the two that are seen are governmental but the third unseen event is something corporate but all three are connected and all three related to the "surprise" the CBI is about to come out with.
 Quoting: PIR


I must say after his call I am getting a bit excited :) I am going to look back through his notes and see if I can't find what he has hinted at. Looks like between now and the 22nd something may come about :)

I think he is waiting on a CBI announcement. But that may just be hopium kickin in. Gotta stay grounded, so I won't get me hopes up.
 Quoting: YTFox


Yup...says just that. Waiting on the CBI annoumcment from now to maybe September 3rd. September 2nd is a Monday and a holiday in Canada and the US so banks are closed.

I like the now better than the September 3rd but hey...that works for me also.

cool2
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08/20/2013 12:42 AM

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Good stuff, PIR. rockon
Anonymous Coward
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08/20/2013 12:49 AM
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okay...still listening to Phoenix and what he was alluding to was in one of his calls 2 weeks ago when someone had asked him to toss a nugget of info. our way. so I am going to go back and listen to the q &A where the lady (315 Sarah from Fort Drum) had asked him that and he through a clue out.

I remember her asking him that, but can't remember what he had said. I will update this when I find it.

Okay found it at 76min. 40sec. [link to www.blogtalkradio.com]

All I can say is I sure hope he is right and between now and Sept. 3rd sounds very exciting!!!!
talkstory

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08/20/2013 03:47 AM
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When will this payday be. Will be Monday will it be......




Push the button, the slaves are hungry.
talkstory
talkstory

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08/20/2013 03:52 AM
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Share your riches with poor before they share their poverty with you.


talkstory
way2wyrd

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08/20/2013 05:56 AM

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Re: Iraq an economic Study
Patience my friends Patience. Yea right!! One minute ya think they are zooming along and then comes all the indecisiveness that the Iraqi's are so well known for.

I'm still waiting on that big surprise Maliki promised. Hope he took his med's this week...lol.

Sorry, been a bad day for me as I just found out one of my close cousins committed suicide this morning.
 Quoting: YTFox

Man..Just back from a funeral of a friend on the mainland YT

So Sorry for your loss.
I lost my young brother to suicide
calin

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08/20/2013 09:08 AM

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okay...still listening to Phoenix and what he was alluding to was in one of his calls 2 weeks ago when someone had asked him to toss a nugget of info. our way. so I am going to go back and listen to the q &A where the lady (315 Sarah from Fort Drum) had asked him that and he through a clue out.

I remember her asking him that, but can't remember what he had said. I will update this when I find it.

Okay found it at 76min. 40sec. [link to www.blogtalkradio.com]

All I can say is I sure hope he is right and between now and Sept. 3rd sounds very exciting!!!!
 Quoting: YTFox


Are you referring to the tariff and HCL laws... that the HCL comes after the rv?

"Something has been set... factual information... an indicator.. professions... middle east currency... logically at the end of the month"

Last Edited by calin on 08/20/2013 09:16 AM
..............................
When you judge another, you do not define them, you define yourself.
..................................
THE SECOND AGREEMENT: "Don't take anything personally. When you are immune to the opinions and actions of others, you won't be the victim of needless suffering." ~ Don Miguel Ruiz, The Four Agreements
calin

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08/20/2013 09:31 AM

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Re: Iraq an economic Study
It showed that "the British bank is preparing to launch three branches in Iraq during the period of the next year and a half, to meet the financial needs of the loans to the country's reconstruction projects the oil-rich" Iraq "after a decade of war."



The signals that "American banks operating in Iraq effects, mainly بسيتي the Bank Citibank and JP Morgan JPMorgan where Beshra their investment in the country after the recovery of oil production and the return of investment banking contracts. "



She explained that the "difficult security conditions experienced by Iraq, Standard Chartered Bank is planning to have a presence on the ground there as part of a strategic push into the country."



She National, said that "a spokesman for Standard Chartered Bank, the bank plans to open three branches in Iraq and two branches will open in Baghdad and Erbil during the last quarter of 2013, the current, to be third in Basra during the year 2014 next and after obtaining the approvals of fundamentalism."



The spokesman said that "the bank raised its request to Iraqi officials to get a license to open branches and main objective of it is to meet the growing banking needs of our customers working in Iraq, especially in the electricity sector, oil, telecommunications and infrastructure."



The "British embassy in Baghdad play an active role in helping Standard Chartered Bank to enter the Iraqi market through the list to facilitate the course of negotiations with the federal government and the Kurdistan Regional Government and the bank is trying to get local customers since the first day of the opening of its branches."



[link to www.alestiqam...usiness&id=2809]

Read more: [link to dinarvets.com]
..............................
When you judge another, you do not define them, you define yourself.
..................................
THE SECOND AGREEMENT: "Don't take anything personally. When you are immune to the opinions and actions of others, you won't be the victim of needless suffering." ~ Don Miguel Ruiz, The Four Agreements
calin

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08/20/2013 10:11 AM

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Iraq Parliament is back in session!
..............................
When you judge another, you do not define them, you define yourself.
..................................
THE SECOND AGREEMENT: "Don't take anything personally. When you are immune to the opinions and actions of others, you won't be the victim of needless suffering." ~ Don Miguel Ruiz, The Four Agreements
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08/20/2013 11:15 AM

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Re: Iraq an economic Study
Incidentally, if I'm right and economic reform is what we've been waiting for, we've been hanging out waiting for a long time in vain, because according to the international law that Bremer violated by trying to impose economic reform on Iraq, nothing could have been done prior to our exit from Iraq because laws cannot be changed while a country is occupied. This part is a bit of speculation, but Chapter 7 sanctions, while not boots-on-the-ground occupation, is tantamount to a seige, which is a form of occupation, so if that's the case, nothing could have been done prior to June 27, which would explain why nothing got done when they first started talking about this in December 2012, and why they just now passed it out of the CoM.

This would also explain Parliament's culture of apathy. For 10 years, other than some tinkering with some minor issues, there was almost nothing they could do because they were under occupation and then sanctions. If I knew my job was pretty much useless, I'd probably stop bothering to show up most of the time, too.
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08/20/2013 11:17 AM

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Re: Iraq an economic Study
Steps needed to move toward a market economy

08/20/2013 12:00 AM

Baghdad - شكران the Fatlawi

Economic expert called for the need to determine the implications of economic reform and its priorities, including identifying priority to move from a totalitarian economy to a market economy, pointing to the need to provide sound foundations necessary to achieve a smooth transition at the lowest possible cost as well as complete the necessary legislation and put it into practice.

D said. Emad Salem »Sabah» can not achieve economic development unless there are radical changes

Alluding to the need for accurate identification of the economic challenges in Iraq, and the design of public policies and agreement on inter principles and perspectives relevant to determine the form of the state and to agree on the nature and on its foundation and then characterize the economic system and define the role of the private sector within this system and this in turn requires a clear vision of the decision-makers.

He Salem that the process of public policy-making in Iraq faces a major challenge is reflected in the non-application of the provisions of the Constitution of 2005 related to economic affairs, stressing the face of this challenge to proceed without delay to study the Constitution first and agree on the interpretation and clearly defined her or modify some of then do drafting mechanisms policies and institutional frameworks to transform these terms and constitutional articles to a united and supportive factors for the transition to a market economy and not vice versa.

[link to www.alsabaah.iq]
ReVbo™Moderator
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08/20/2013 11:20 AM

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Re: Iraq an economic Study
Investors are ready. Economic reform passed CoM. C'mon, Parliament. Do something.



A surge in global corporate attitudes toward the Iraqi market



08/20/2013 12:00 AM



BAGHDAD - Hussein Tamimi

continues to local markets receive the best advanced technologies that represent the product of the best international companies that represents Iraq's most important destinations of current and future, after he realized the importance of the application is available in the local market.

, an expert on import Jassim Al Aradi pointed out that the domestic market has become today's trending towards producing companies with brands universally adopted, pointing out that this is a new trend is to supply advanced technology quality.

, and pointed out that the follower of the reality of international companies and data issued by their delegations attending to the country touches the desire of those companies in the presence on the yard of the local economy, and the ones that want to the establishment of production lines within the country and to engage in local partnerships, pointing to the importance of this step in achieving economic viability of the country. In these meantime, received the Iraqi markets recently my phone «Nokia to وميا 720» and «Nokia to وميا520which provide a great mix of performance of Higher, creativity and the right price.

and I pointed statistics in this matter and existence of a great demand for this advanced technology where the is characterized by these setups strongly and clarity of the image which amounts to , what makes them Top the performance of between the Cameras Nokia phones, They are also longer the camera idealism to capture the photos collective with friends or making calls visual via Skype program. We can say that Nokia phone to وميا 720 components of high camera with lenses digital-enabled high is that you can afford him taking pictures with flying colors.

and available Nokia phone to وميا 720 in five attractive colors translate well-deserved in the design of Nokia's outstanding is made of one piece, which admired record level the world. He drew a source in the company said the new technology fitted lid optional to support shipping Wireless and make it more easily, raising the demand for this device and allows Nokia phone to وميا 520 abundant array of innovations derived from my Nokia phone to وميا 920 and Nokia وميا820

Pointed to put all of Nokia وميا 720 and Nokia to وميا the 520 yet provide them with a complete package of applications «HERE Maps" for maps and "HERE Drive" navigation service with voice guidance and counseling of flour, "HERE Transit", which serves as a guide to public transport. At the under the operating system provides and Andozvon 8 on the All phones Nokia family for the وميا, are available for the user More from the the pleasures personal offered by the smart phones such as determining tracks with applications "HERE" and Send a-page thread and documents via the International Network for information to the and operating interface "Start Screen" on the screen of the phone and so vivid (Live Tiles) helps the user to follow-up Tableware to the changing Information of inherently as the prices of the Stock Exchange and the case of the atmosphere.



[link to www.alsabaah.iq]
calin

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08/20/2013 11:42 AM

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Re: Iraq an economic Study
Incidentally, if I'm right and economic reform is what we've been waiting for, we've been hanging out waiting for a long time in vain, because according to the international law that Bremer violated by trying to impose economic reform on Iraq, nothing could have been done prior to our exit from Iraq because laws cannot be changed while a country is occupied. This part is a bit of speculation, but Chapter 7 sanctions, while not boots-on-the-ground occupation, is tantamount to a seige, which is a form of occupation, so if that's the case, nothing could have been done prior to June 27, which would explain why nothing got done when they first started talking about this in December 2012, and why they just now passed it out of the CoM.

This would also explain Parliament's culture of apathy. For 10 years, other than some tinkering with some minor issues, there was almost nothing they could do because they were under occupation and then sanctions. If I knew my job was pretty much useless, I'd probably stop bothering to show up most of the time, too.
 Quoting: ReVbo™

clappa

POST OF THE MONTH!!!
..............................
When you judge another, you do not define them, you define yourself.
..................................
THE SECOND AGREEMENT: "Don't take anything personally. When you are immune to the opinions and actions of others, you won't be the victim of needless suffering." ~ Don Miguel Ruiz, The Four Agreements
Alexander

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08/20/2013 11:43 AM

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Re: Iraq an economic Study
Really Early Tuesday AM

OOM&F:

2:10 AM [GrannyOf5] I want to tell you my bank story. I went to deposit in my acct, & the manager came over to me & asked if I still had my dinar. I said yes & he said I want you to meet someone. This man came over & gave me his card, turns out he’s a regional mgr for WF. He asked about the dinar & asked if I had made my deposit & was I happy with the exchange rate. I must have looked crazy, cause I told him no, no deposit I am waiting on the announcement. He said what anouncement? NO announcement , it will just be do it.

2:12 AM [GrannyOf5] I said I was told there would be some special pronouncement and then we could go. He said well we have been told any cust who ask about dinar get name & number and give them a date and time. I was the third person he approached today. I wasn’t even thinking dinar til he came to me. I said thank you and went home. I don t trust any news till everyone gets the news. I think hes stepped out too soon

2:14 AM [GrannyOf5] If it s real I want to know for sure, Im not going to the bank, calling the bank or anything!

[GrannyOf5] you know believe half of what you see, and NONE of what you hear!!

[SpecialAgentGibbs] I assume her deposit was regular banking business
The truth is incontrovertible. Malice may attack it, ignorance may deride it, but in the end, there it is.
Winston Churchill
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08/20/2013 11:52 AM

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Re: Iraq an economic Study
Incidentally, if I'm right and economic reform is what we've been waiting for, we've been hanging out waiting for a long time in vain, because according to the international law that Bremer violated by trying to impose economic reform on Iraq, nothing could have been done prior to our exit from Iraq because laws cannot be changed while a country is occupied. This part is a bit of speculation, but Chapter 7 sanctions, while not boots-on-the-ground occupation, is tantamount to a seige, which is a form of occupation, so if that's the case, nothing could have been done prior to June 27, which would explain why nothing got done when they first started talking about this in December 2012, and why they just now passed it out of the CoM.

This would also explain Parliament's culture of apathy. For 10 years, other than some tinkering with some minor issues, there was almost nothing they could do because they were under occupation and then sanctions. If I knew my job was pretty much useless, I'd probably stop bothering to show up most of the time, too.
 Quoting: ReVbo™

clappa

POST OF THE MONTH!!!
 Quoting: calin


My dad has been all over this, too. He just mentioned that he found something in his research about HCL being buried in this law yesterday. I can't find it, but he distinctly remembered it, and it would make sense for changes to oil contract law being just a small part of a general economic reform package. I'm tellin' ya. This is it, y'all.
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08/20/2013 12:21 PM

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Here's an article from BBC from Sept 2003 that said the reforms implemented by the American administration would take place within weeks, and that "liberalisation of foreign investment, the banking sector, taxes and tariffs would 'significantly advance efforts to build a free and open market economy in Iraq". None of it took place, and it looks like it's about to.

[link to news.bbc.co.uk]

"The recently-appointed minister unveiled a string of reforms that analysts said read like a manifesto devised by Washington, signing off 30 years of Saddam Hussein and the socialist Baath Party."
ReVbo™Moderator
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08/20/2013 12:27 PM

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Re: Iraq an economic Study
A blast from the recent economic reform news past. PIR, do you have a link to the conference on economic reform Phoenix was talking about last night? I can't seem to find it. Supposedly, it's over on Thursday, so I would expect Parliament to move on this next week.


Industrial expert: Economic Reform Act will be a qualitative leap in the development of the economy

15-08-2013 12:14 PM

Baghdad (news) .. He expert in development Industrial Amer jeweler, the importance of approving a bill to economic reform in the Iraqi parliament after being approved by the Council of Ministers at its previous. The jeweler said (of the Agency news): The Iraqi economic reform law is of great significance and could happen a quantum leap to the development of the economy, calling on Parliament to speed up the adoption by the current session and not postponed to the next session. He added: This law is a bright spot for all Iraqis being reflected positively on the interest of the country and the future of his children and the development of investment. He called: to implement the right way that will attract positive results for the country and the level of great challenge, pointing out that he can not build an organization that works with the same pattern prevailing Iraqi government must therefore work in a new way and led by competent possess sophisticated full loyalty to Iraq. The Council of Ministers approved the draft law on economic reform, the federal auditor by the State Council, and forwarded to the House of Representatives based on the provisions of Articles (61 / I and item 80 / item II) of the Constitution. / End / 5. G. /


[link to translate.googleusercontent.com]
--
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08/20/2013 12:42 PM
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Re: Iraq an economic Study
Incidentally, if I'm right and economic reform is what we've been waiting for, we've been hanging out waiting for a long time in vain, because according to the international law that Bremer violated by trying to impose economic reform on Iraq, nothing could have been done prior to our exit from Iraq because laws cannot be changed while a country is occupied. This part is a bit of speculation, but Chapter 7 sanctions, while not boots-on-the-ground occupation, is tantamount to a seige, which is a form of occupation, so if that's the case, nothing could have been done prior to June 27, which would explain why nothing got done when they first started talking about this in December 2012, and why they just now passed it out of the CoM.

This would also explain Parliament's culture of apathy. For 10 years, other than some tinkering with some minor issues, there was almost nothing they could do because they were under occupation and then sanctions. If I knew my job was pretty much useless, I'd probably stop bothering to show up most of the time, too.
 Quoting: ReVbo™

clappa

POST OF THE MONTH!!!
 Quoting: calin


My dad has been all over this, too. He just mentioned that he found something in his research about HCL being buried in this law yesterday. I can't find it, but he distinctly remembered it, and it would make sense for changes to oil contract law being just a small part of a general economic reform package. I'm tellin' ya. This is it, y'all.
 Quoting: ReVbo™


Well, you know what they say about "once in a blue moon".

wink
littlemiracles

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08/20/2013 01:14 PM
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Re: Iraq an economic Study
Incidentally, if I'm right and economic reform is what we've been waiting for, we've been hanging out waiting for a long time in vain, because according to the international law that Bremer violated by trying to impose economic reform on Iraq, nothing could have been done prior to our exit from Iraq because laws cannot be changed while a country is occupied. This part is a bit of speculation, but Chapter 7 sanctions, while not boots-on-the-ground occupation, is tantamount to a seige, which is a form of occupation, so if that's the case, nothing could have been done prior to June 27, which would explain why nothing got done when they first started talking about this in December 2012, and why they just now passed it out of the CoM.

This would also explain Parliament's culture of apathy. For 10 years, other than some tinkering with some minor issues, there was almost nothing they could do because they were under occupation and then sanctions. If I knew my job was pretty much useless, I'd probably stop bothering to show up most of the time, too.
 Quoting: ReVbo™

clappa

POST OF THE MONTH!!!
 Quoting: calin


My dad has been all over this, too. He just mentioned that he found something in his research about HCL being buried in this law yesterday. I can't find it, but he distinctly remembered it, and it would make sense for changes to oil contract law being just a small part of a general economic reform package. I'm tellin' ya. This is it, y'all.
 Quoting: ReVbo™


Well, you know what they say about "once in a blue moon".

wink
 Quoting: Anonymous Coward 42164341


MIG:

[jacque47]    Blue Moon...August 2013 full moon will present the third of four full moons to fall in the same season.

A season is defined as the period of time in between a solstice and an equinox – or vice versa.

This full moon is the third of four full moons to take place in between the June 2013 solstice and the September 2013 equinox.

That makes the August 2013 full moon a Blue Moon! The moon turns full on August 21, at 1:45 Universal Time. Although the full moon happens at the same moment worldwide, the clock reads differently by time zone.

The moon turns full in the United States on Tuesday, August 20, at 9:45 p.m. EDT, 8:45 p.m. CDT, 7:45 p.m MDT or 6:45 p.m. PDT.
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calin

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08/20/2013 01:20 PM

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Re: Iraq an economic Study
...

clappa

POST OF THE MONTH!!!
 Quoting: calin


My dad has been all over this, too. He just mentioned that he found something in his research about HCL being buried in this law yesterday. I can't find it, but he distinctly remembered it, and it would make sense for changes to oil contract law being just a small part of a general economic reform package. I'm tellin' ya. This is it, y'all.
 Quoting: ReVbo™


Well, you know what they say about "once in a blue moon".

wink
 Quoting: Anonymous Coward 42164341


MIG:

[jacque47]    Blue Moon...August 2013 full moon will present the third of four full moons to fall in the same season.

A season is defined as the period of time in between a solstice and an equinox – or vice versa.

This full moon is the third of four full moons to take place in between the June 2013 solstice and the September 2013 equinox.

That makes the August 2013 full moon a Blue Moon! The moon turns full on August 21, at 1:45 Universal Time. Although the full moon happens at the same moment worldwide, the clock reads differently by time zone.

The moon turns full in the United States on Tuesday, August 20, at 9:45 p.m. EDT, 8:45 p.m. CDT, 7:45 p.m MDT or 6:45 p.m. PDT.
....
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 Quoting: littlemiracles

Nice little bit of trivia! thanks :)
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THE SECOND AGREEMENT: "Don't take anything personally. When you are immune to the opinions and actions of others, you won't be the victim of needless suffering." ~ Don Miguel Ruiz, The Four Agreements
Alexander

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08/20/2013 02:01 PM

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Re: Iraq an economic Study
Interesting strategy for post-RV! WF and other large banks do offer these:
How a Multi-Currency Bank Account Can Help You Diversify Out of the Dollar? [link to www.qwealthreport.com]


Last Edited by Proud Trump Supporter on 08/20/2013 02:07 PM
The truth is incontrovertible. Malice may attack it, ignorance may deride it, but in the end, there it is.
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ReVbo™Moderator
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08/20/2013 03:50 PM

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Re: Iraq an economic Study
Don't worry about the June 2014 thing. It's just saying that BY June 2014, the value will be raised significantly, not that it is going to start in June 2014.

I know I'm starting to sound like a broken record around here, but an "open monetary policy" fits right in with the large scale liberalization of the economy CoM passed last week. What would be the point of opening up to the world economically and not liberalizing the foreign exchange market? That's why I'm looking for a float, whether from 1166, 86 cents, or whatever, immediately after Parliament passes Economic Reform.



Kaperoni:
Here is a great article again today that supports that the CBI is going to float the dinar. They are transitioning to "open monetary policy" or better known as "open market."

Here is the article..and subsequent IMF explanation of how this transition works and what is involved. This leaves little doubt that the dinar will rise gradually.

---------------------

Financial representative: on the Central Bank on monetary policy open
|On 2013-08-20 | Writer Anthony David

Baghdad/Hamad Daham
The parliamentary Finance Committee stressed that "the primary cause of high dollar to Iraqi dinar lies in the political set by the Central Bank since the monetary policy pursued by the Central Bank with businesses and banks that deal with the Bank".

The Committee Member said Faleh Sari for daily "Alalam" that "the Central Bank told the House Finance Committee will follow the new theme mechanism will make a significant contribution in raising the value of Iraqi dinars before next June and will be the mechanism to raise the value of the Iraqi dinar against the US dollar."

He said in effect that "on the Central Bank to reduce the size of the companies that deal with money raised in the auction, which will lead to the reduction of the value of the dollar and rely on open monetary policy without complicated procedures and controls and opening wider the hopes of State banks. The banknote market has seen obvious variation in the exchange rate of the US dollar against the Iraqi dinar.



[link to www.microsofttranslator.com]


So what does this mean? Here it is direct from the IMF...

[link to www.imf.org]

'There is much to be said for switching to open market operations as soon as possible. Deregulation and globalization of markets make it virtually impossible to use direct controls without adverse side effects. Experience suggests that in practice countries act as if they have little choice except to begin this type of transition.'

'Transformation of markets usually occurs in two stages: the establishment of a primary market followed by development of a secondary market. The initial transition is much easier to accomplish. Well-functioning secondary markets, however, must develop largely within the private sector, although the central bank can exert some influence through the legal, regulatory, and payments infrastructure.'

'It is difficult for the central bank to accelerate development through transactions alone, as this risks dominating the market. Repos and reverse repos would appear to be the most effective instruments for encouraging such development. It is crucial, however, to develop an interbank market, which can then provide signals for policy.'

Last Edited by Revbo™ on 08/20/2013 03:56 PM


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