Iraq an economic Study

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]

Hi Calin, looks like dropping the zero's is back in the news.

Thanks for posting. sk

Statement by IMF Managing Director Christine Lagarde on Iraq
[link to www.imf.org]

HEADLINES

Iraq Elected as New OPEC President
Mutlaq, asking the UN to help Iraq establish a real democracy
Ashour calls UN to intensify its role in Iraq after U.S. representation
Obama to Mark End of Iraq War With Speech to Troops
Economic Committee considering the possibility of parliamentary delete zeros from currency
Ban Ki-moon: Iraq meeting its obligations to Kuwait enhances exit from Chapter VII
IMF Press Release on Iraq
Iraq Expects To Be Given OPEC Presidency In 2012 – Oil Min
CBI Daily Currency Auction Dec 14, 2011: $144 million
MP Nassif: “Iraq today complete sovereignty; Iraq should ask UNSC to appeal demarcation decision with Kuwait
U.S. Defense Secretary arrives in Baghdad for the festivities involved the withdrawal of troops from Iraq
Iraqi lawmakers are concerned Iraq has yet to be removed from Chapter VII
U.S. Defense Secretary Arrives in Baghdad
Member of the Economic Commission: the formation of a parliamentary committee and ministerial strategy to develop a plan to develop the Iraqi economy
Obama: «new chapter» in relations with Iraq
Maliki addressed an open invitation for U.S. companies
Prime Minister Nuri Kamal al-Maliki: Iraq is making strides and is confident in its relations with the countries of the world
[link to thecurrencynewshound.com]

The US victory in Iraq
Achievements to be proud of

Last Updated: 12:54 AM, December 14, 2011

Read more: [link to www.nypost.com]


None of the “terrible things’ that opponents of the liberation of Iraq predicted has happened:

* US troops are leaving in an orderly fashion and in accordance with the timetable fixed by the Bush administration.

* The Americans are not fleeing Iraqi mobs. In fact, many Iraqis, perhaps a majority, wanted the US to maintain a military presence. It didn’t happen because Obama wants to pander to his original base, groups that opposed the liberation of Iraq.

* Iraq has not been divided, as Biden and his friends once suggested, into several mini-states.

* Nor is it a scene of chaos as candidate Obama predicted. Paradoxically, Iraq seems to be the most stable of Arab countries as they are all shaken by revolts of various dimensions.

* Iraq has not been plunged into poverty and starvation. According to the International Monetary Fund, it has the fastest growth rate in the Mideast. The Iraqi dinar is the strongest of the oil currencies.

* The claim that America invaded to “steal” Iraq’s oil has been exposed as the lie it was. In fact, Iraqi officials complain of US oil companies’ reluctance to bid for contracts. In contrast, Baghdad has signed dozens of contracts with oil companies from 40 other countries, including Russia, China, France and India.

* Another lie, propagated by professional anti-Americans, was that the US wanted to turn Iraq into a military base, perhaps for invading Iran. That lie has been replaced with another: Iran filling the vacuum left by Americans. But if the wealthy superpower couldn’t bear the cost of controlling Iraq, how can Iran, a poor and smaller power, do the trick

50% rule

Thanks for the headlines

Looks like chapter 7 is still lingering as the thorn in our side. But not for long I hope. I'm thinking most everything should be ready to go by the 20th when the troops leave. Heres hoping we have a very merry Christmas. Yahoo. sk

Before you go off to bed, here is a chat from bond Lady you might want to check out...

1 BondLady chat featuring Proteus from Revalue.us @ BLC 12/13/11

Read more: [link to dinarvets.com]

Thanks, I'll check it out. Still got an hr before I totter off to bed. sk

Interesting chat. Question is does anybody really know. But I will go with things kicking off the first of the years. sk

makes two of us ;)

Adams Official Chat 12/14/11
[link to dinarvets.com]

[link to www.iraqinews.com]

Not very detailed, but it's something.

Last Edited by Generation Doom on 12/15/2011 02:19 AM

Well after ready Montana's chat, I must say I'm not all that impressed with his commentary. Seems like he does a lot of plugging of his products. His RV of .10 to the dollars, makes sense on one level but totally lacks leg on another. From a purely business perspective maybe, but taking into consideration that most know the value of the iraqi dinar is worth more would bring in a host of speculators with big money and ran sack the economy of Iraq. sk

A few thousand troops are left in Iraq now (6,000). They'll all be out by Dec. 31st, just saw it on MSM.

Thanks for the post. It at least shows that the subject is being debated. That I take as a good sign.sk

Cool, that is a very good sign. Troops, sovereignty, release form chapter seven and the final a revalue of the monetary system in Iraq. Yahoo. Great news for Iraqi investors. sk

Headlines:

UNSC Daily Agenda Dec 15, 2011: Iraq-Kuwait Relations
Iraq says he will not pay the debt this year, the Egyptian
Judicial Council and the (UNAMI) launch a campaign to raise awareness about the judicial system
Sharp differences between Shabibi and General Bank Managers
Maliki: Iraq emerging economic environment is strong
IBN: Iraq is Open, and the Opportunities are Unlimited
Maliki Arrives in the capital Baghdad after the conclusion of an official visit to the United States
Iraq House of Representatives vote electronically to six draft laws
CBS News: U.S. officially shuts down war in Iraq
Ministry of Finance T-Bill Auction Dec 12 2011
CBI Daily Currency Auction Dec 15, 2011: $142 million
[link to thecurrencynewshound.com]

Posted Today, 09:51 AM
12-15-2011 Guru Adam Montana Iraq has a TON of OIL and NATURAL GAS, which makes them VALUABLE...the HCL needs to be resolved in order for Iraq to have full control of that VALUE and function as a business...once that VALUE is under the full control of Iraq, they can raise the value of their currency and back it up with their reserves...It is REALLY that simple. Once the HCL is resolved, Iraq will have the means to back a stronger currency, until that happens, they do not have the means to back it therefore it is next to impossible to see a change in rate before the HCL is resolved.

Read more: [link to dinarvets.com]

Ch.VII dose not effect there currency from life long friend of my father

Read more: [link to dinarvets.com]

Posted Today, 08:27 PM
Talked to a life long friend of my father today .He is a Rep. for texas and a Lawyer specializing in congressional law. He said that chVII has nothing to do with Iraqis currency .He said that Iraq is a sovereign state and they


could have RI the currency before now and where suppose to already . that this is just the UN positioning for power to go in and out at will . he thinks along the same lines as I do as well as Adam the the sound banking

practice would bee to RI at a low rate ,bring in the big bills and then set the program rate and peg . But that this was Iraq a Arib country and that it is all about stature in the ME. so it may be possible that they release at

a high rate . but he could not see 3+dollars for a long time .he told me there is a lot going on in the world right now behind the scenes ,that most people just can't fathom and that Texas businesses have been waiting for

this as well ..even though there are a few oil contracts out there there is some big ones coming . even the port contract can't be instated till the have a higher rate and that this was one of the big hold up .American

compony is to do a lot of it. so he and I think it is on its way as we speak .

main pont dont worry about ch. VII has nothing to do with the RV.

Read more: [link to dinarvets.com]

UN Security Council Press Statements- June 22nd & Dec.15th Identical Something is amist Watson

Read more: [link to dinarvets.com]

Posted Today, 08:24 PM
Ok, something is definitely up!

Here is the Press Statement released by the UN Security Council today, December 15, 2011

[link to www.un.org]

and here is the Press Statement released by the UN Security Council on June 22, 2011

[link to www.un.org]

Read them side-by-side! Other than a new person being in charge and other than today's meeting being a briefing on the thirty-second report and June's meeting being a briefing on the thirty-first report, the two statements are IDENTICAL! As in WORD-FOR-WORD!

Six months of progress and they issue an IDENTICAL, WORD-FOR-WORD statement!

What are they covering up? Have sanctions been lifted but not announced?
By Eagle Has Landed

Read more: [link to dinarvets.com]

Its seems like I remember the old IQD team playing a audio of the UN saying Iraq was a sovereign country about 4 months ago.... so like the eagle has landed says.... whats up. sk

Found this on DV. So unless the Chap 7 is resolved, no tradeable currency?


It can RV in Chapter 7 but it would not be in the best interests of Iraq to do so. Under Chapter 7, the IQD will still be a non tradeable currency not accepted by the world community. If it did RV then it would end up costing Iraqi more to pay it's obligations. Kinda like cashing in your bonds before maturity.

Read more: [link to dinarvets.com]

Not sure how this poster came to the conclusion that an rV would cost Iraq more to pay its obligations. Makes no sense to me. sk

So, if it is not tradeable, would there be any currency changes?

Headlines

Kuwait News: UNSC urges Iraq to do more to resolve remaining issues with Kuwait
Vietnam currency continues to slide against dollar
Maliki: Iraq will provide security to protect U.S. companies invested exclusively
NATO assesses tomorrow the closing ceremony of the training mission in Iraq
Director of the Industrial Bank: out of Iraq from Chapter VII gives the financial sector to deal with the international banks
Director of the Association of private banks: next year will see significant growth of the Iraqi banks
Sudden decrease in the rate of the dinar against the dollar is concerned about the Iraqi market
UNSC Press Conference: UNSC on Iraq-Kuwait
Washington pledges to continue supporting Iraq
CBI: The regional situation in and behind the slight increase in dollars
[link to thecurrencynewshound.com]

Not sure what he means by trade-able. Did you buy some. Is the dinar listed on forex sites. hmmmm. Banks in the Us have been buying and selling. So it seems the whole post doesn't make much sense. sk

Last Edited by seeker2 on 12/16/2011 12:30 PM