Iraq an economic Study

How close is the beach?

What do you think this means, Rev?

It seems to indicate they've got all the issues between the blocs resolved through secret deals and they're just waiting for Talibani to get back to hold the National Conference, which will be pretty much just a signing ceremony/photo op.

Where is this info from, if I may ask...thanks!

Sounds good to me. I got my eye on a little cabin in Utah.

Last Edited by Renegade () on 08/30/2012 11:32 AM

Didn't mean to leave the rest of you folks out. All will be welcome.

Revbo. Sorry to say we are a ways form any ocean beaches. 400 miles probably. But that is not to say we can't take excursion or have a place at the beach to. Since money will not be a problem. Beautiful beach with lots of small Islands. Perhaps we could find one to buy. lol. sk

I saw it posted in a chatroom yesterday. Not sure where the link is, but I'm familiar with bugsy, and he doesn't make stuff up. If I come across a link, I'll post it.

I've always wanted my own island. Never thought it'd be in Thailand, but if it saves me a couple million in taxes, I could definitely be persuaded.

More on HCL. Looks like we're going with the 2007 draft.

[clay] Iraq Kurds ready for talks over crisis, oil: deputy PM Iraq Kurds ready for talks over crisis, oil: deputy PM By Suadad al-Salhy | Reuters – 4 hrs ago Email Print BAGHDAD (Reuters) - Iraq's Kurdistan is ready to restart negotiations with Baghdad to end their crisis, focusing on a long-delayed oil law to hand regions more say in managing energy resources, Iraq's Deputy Prime Minister Rosh Nuri al-Shawish, a Kurd, said. The positive tone from Shawish signaled the Shi'ite-led central government and self-governed Kurdistan may be edging towards resolving their dispute over oil, territory and power-sharing that is straining Iraq's uneasy federal union. Shawish told Reuters Kurdistan believes part of the dispute can be ended by passing an amended 2007 draft of an oil and gas law, which all parties had agreed to as part of broader power-sharing among Shi'ite, Sunni and Kurdish blocks. "Approving this draft and adding some amendments which are agreed on by all parties ... is the proper way to resolve this," the deput
[clay] the deputy prime minister, one of the go-betweens for talks between Baghdad and Kurdistan, said in an interview

You may have seen the Iraqi Business News article yesterday, impugning our investment. (Link attached) Here's Enorrste's response to it. Good stuff. My response is below Steve's.

[link to dinaralert.webs.com]

Enorrste answers questions posed by a columnist at Iraq Business News.com -



[link to www.iraq-businessnews.com]



1. If the dinar becomes 1,000 times more valuable, it will become 1,000 times more expensive to do business in Iraq. Do you think this would be sustainable?

Answer: This is sustainable because the current rate of the dinar in Iraq is artificially low. The rate was $3.50 during and prior to the Saddam Hussein regime. It was lowered intentionally by the UN in order to drive out the profitability of terrorism. I would ask this Question: In reducing the value of the dinar by 1000 times (or more, actually), why didn’t everyone flood into Iraq to invest and buy? Iraq’s economy should have boomed with everything so cheap, right? Yet that did not happen. We may therefore safely state that the premise of the poser’s question is inappropriate. The reason it is inappropriate is that the current rate is artificially low and it is NOT internationally tradable. Bottom line: investment in Iraq is currently made in DOLLARS, not dinars. End of argument.



2. Would you buy dinars at 1,000 times the current price? If not, why do you expect someone to buy your dinars at 1,000 times what you paid for them?

Answer: I will probably buy dinars at 1000 times the current rate because I believe that eventually (within a couple of years) the rate will reach $3.50, meaning that I will triple (plus) my investment again.



3. If there was any possibility of a 1,000x revaluation, would dinar sellers be so keen to sell their stock to you? Is it possible that they think their mark-up is the best profit they can make?

Answer: This guy is ignorant! Sellers of dinars make a COMMISSION on the sale regardless of the rate. Their markup will remain the same WHATEVER the rate! Their profit is the same WHATEVER the rate! Duh! They are money exchangers. They are not in this for profit ON the rate.



4.Many investment professionals promote their ideas and “talk their book”. Why has no accomplished investor promoted the idea of massive gains from the dinar?

Answer: There are a number of people who have spoken affirmatively about the dinar as an investment. The poser of this question has not taken the time to find them. One was on TV last year claiming that it would be the best single investment in a lifetime (!) and he has a regular TV investment show that runs DAILY! He dropped the topic for some reason. We can only guess what it was, but I presume that he was told to “lay off” on dinar talk. Therefore we might not be surprised that there is little more among the normal investment community on this issue. I might add, incidentally, that I’ve been told that Trump has $30 million in dinars and that the Clintons have over $2 million in dinars. I have no reason to doubt this since the former was printed in USA Today over a year ago. Therefore, let’s ask the poser this question: If this is good enough for Trump, why isn’t it good enough for you?



5. The 1,000x rumour has been circulating for many years, but the forex markets have not reacted by driving up dinar prices significantly. On what basis do you believe you’re more “in the know” than the market?

Answer: Once again the poser is ignorant. The dinar is NOT traded on the open market, including the FOREX! Therefore, the premise of the question is false. Second, since all dinars are initially sold from the CBI, the CBI is therefore in control of supply. With a very limited market (physical dinar dealers only) it is quite easy for Shabibi to control the price. There is NO SPECULATIVE MARKET FOR THE DINAR! DUH!



6.Does scepticism of massive gains from the dinar make you angry? If so, and if you think you’re going to make 1,000 times your money, what is the reason for your anger?

Answer: I am not angry with people who are ignorant.



7.Do you seek information that confirms your opinion, and dismiss information that challenges your opinion?

Answer: Absolutely not. I have welcomed challenges from dinar investors and have answered all who have dared to approach me on the issue. In addition, I take pride in being able to state without equivocation that we do not “bury” articles just because they appear to refute our position. In fact, we welcome ALL articles and deal with them just as we do anything else: honestly!


ReVbo:
May I add to the first question, Why would everything become 1000x more expensive in Iraq? Just as Bakri said, as the dinar becomes more valuable, products and services retain their inherant value. The price just loses three zeroes. i.e. If a car costs 20m dinar now, it will cost 20,000 dinar post-RV. It seems pretty disingenuous of the writer to say that the price of everything stays the same after the money changes. That's just basic economics. A house in the US cost $5000 50 years ago. As our money became less valuable, the price of the same house went up. Duh.

Two hours ago, they were ready to begin talks. Now, they've already begun. I'm guessing they're actually already finished, and we'll hear about it early next week, if not sooner.

[lorijeanmarshall] Kurdistan oil begin talks with Baghdad and declare for prospective deals 30.08.2012 | (Voice of Iraq) - Add a comment - Twilight News announced the Kurdistan Region of Iraq, Thursday, he is currently being held talks with Baghdad over disputes about contracts oil, noting at the same time near the entry international oil companies other work in the region. said laser Natural Resources in the Government of the Territory Ashti Hawrami said in a statement text Email for "Twilight News" electronically "We are now in a dialogue with Baghdad." He did not specify those that negotiations nor place. and threat Arbil stop exporting oil again because of differences, Hawrami said, "So far we have not decided to stop exporting oil again." The Government of the Territory announced a few days ago that it will stop exporting oil if not paid by the Iraqi government dues foreign companies. continued Hawrami "in the next week will announce our position." also announced Hawrami said Arbil ago in oil policy by saying that "the Kurdistan Region continues its policy of oil because it is in accordance with the Iraqi constitution." and unveiled also near contract deals with oil companies to work in the region, and said "the advent of foreign companies to the region continues to increase." and said, "There are other companies in the group stage to negotiate with want to work in the region" and did not specify the names of those companies. p b / c [link to peopleinvested.co] ··· ost47473

Last Edited by Revbo™ on 08/30/2012 04:16 PM

I think the Non-Aligned Conference is over tomorrow, so we should be seeing our ministers early next week, too.


Reform Commission: file security ministers will be decided after the return of al-Maliki from Tehran
Thursday, August 30, 2012

Reform Commission revealed emanating from the National Alliance for the security file naming ministers will be made after the return of Prime Minister of Iran, revealing that the five names of candidates for each ministry are currently traded.

Revealed Committee member Abbas al-Bayati, Thursday, he is now being traded names candidate to fill the defense and interior portfolios by the political blocs, the number has been reduced to about three to five names for each ministry.

Al-Bayati said that after the return of Prime Minister Nouri al-Maliki of his participation to the Conference of the Non-Aligned Movement countries will settle the matter once and for all.

[link to translate.google.com]

So, it looks like our boy, Talibani, really is sick.



08/30/2012 {Baghdad: Euphrates News} Kuwaiti newspaper quoted Kurdish sources described Palmtalaah that "Talabani's health status is not good, which prompted some Iraqi officials in the past few days to visit him at his residence in Germany."

The paper adds that "it seemed like an attempt to bid farewell to the President more than reassuring him or consulted on internal differences and developments in the region."

A number of politicians visited Talabani confirmed that his good health after he underwent knee operation

The sources said the Kurdish newspaper said that some political forces deeply concerned over the fate of the National Congress and the Iraqi political situation as a whole because of the health of Talabani, who is likely that it is no longer able to manage any talks between the political parties in the coming period.

She explained that the "situation Talabani may allow his return to Iraq, but may not be permitted Bmzawelth to his position as head of the Republic, noting that the visit of Vice Talabani in the presidency" PUK "Barham Salih, Baghdad, and his meeting with al-Maliki and the rest of the Iraqi leadership, is an indicator that the benefit of preparing to succeed Talabani. "

The political blocs are looking forward to the return of President Jalal Talabani for the upcoming national meeting.

Kurdish deputies had indicated that Talabani will return in the fifth or sixth of next month. Ended

[link to translate.google.com]
--


August 30, 2012 at 8:17 PM Flag Quote & Reply

Last Edited by Revbo™ on 08/30/2012 09:42 PM

[link to moveforwardalready.blogspot.com]

Kuwaiti newspaper: Talabani's health status is not good and Barham Salih Athye to succeed him - August 30 2012

Oh wow.... Hope is is just as good!

In other news...big trouble.

[link to www.godlikeproductions.com]

And now, Talibani is back and getting deals done. Just goes to show how full of crap Iraqi news is. Then again, this article is dated two days ago. Maybe this one is the one that's full of crap.

Jalal Talabani, Barzani meets this afternoon
By: B.independent
on: Wednesday 08/29/2012 03:56 PM



And Baghdad, Independent News Agency / Zahra Hassani ... Meet President Jalal Talabani with Kurdistan leader Massoud Barzani afternoon in the province of Sulaymaniyah.

The president had traveled to Berlin about two months in a therapeutic trip to Germany and is expected to discussion during the meeting, the outstanding political issues between the Centre and the territorial government. [link to www.baghdad-n...on=view&id=1491]

Read more: [link to dinarvets.com]

Last Edited by Revbo™ on 08/31/2012 08:11 AM

RV?

Well, just today, I've read articles that say he's too sick too return and still in Germany, that he will return in 10 days to hold the national conference, and that he's already in Iraq holding meetings. Can't trust anything you read from those people.

And just like that, we're back on track. Maybe. Amazing how things change minute to minute. Then again, I guess it's not too terribly different from here. Can't trust the media anywhere.



BAGHDAD / Bri Center for the Iraqi Media Network - announced head of the Kurdistan Alliance bloc in the House of Representatives Fuad Masum that President Jalal Talabani finished the last stages of his treatment in Germany, noting that there is a consensus of all the political blocs and national powers pivotal role played by Talabani.

Masum said for (Center Brief for the Iraqi Media Network) that "President Talabani and according to the latest medical reports, he completed the last stages of his treatment and he was unable to walk for a distance of 100 meters," adding that "the national forces and the different beliefs assembled to accept the role of mediation to be adopted by President Talabani ".

He added that "there is acceptance of the invitation Talabani to meet national, who had already d 'appointed to him and what was expressed by various characters or blocs, both those who visited him at his headquarters in Germany or had contact with the Kurdistan Alliance."

It is expected to call President Jalal Talabani returned to his country of travel therapy to hold a national meeting after announcing that the atmosphere has become appropriate to hold the meeting.

And endorsed by all the political blocs principle of dialogue to get out of the current political crisis by identifying problems and finding solutions the ceilings of time.

[link to translate.google.com]

Baghdad (news) .. sees dialogue bloc MP / coalition in Iraq / Thamer al-Alwani, the current political situation is better to hold a national meeting and come out with positive results to solve political problems.

Alwani said in a statement (of the Agency news) Friday: The current political situation better times for the national meeting of the presence of keen political blocs to resolve differences and unite in order to prevent the impact of Iraq, the repercussions of the unrest in the region.

Stated: Deputy Prime Minister for Services Affairs Saleh al-Mutlaq form positive gesture during his return to the office to resolve differences also worked on the harmony between the political blocs.

The Iraqi MP: When you put paper reform feel that they hope to get out of the political problems, he said, adding that the survival of the crisis will affect the work of institutions and reflected on the service of the Iraqi citizen.

The political scene in Iraq, a lot of bilateral meetings between the leaders of the blocks did not come out of any of them deal a final between the parties on the problem-solving mechanism, in light of the continued skepticism blocs which met in (Erbil - Najaf) paper reform presented by the National Alliance.

[link to translate.google.com]

[link to moveforwardalready.blogspot.com]

Kurdistan Alliance: Talabani finished the last stages of treatment, and there is a national consensus on the initiative - 01 September, 2012

Kurdistan Alliance: Talabani finished the last stages of treatment, and there is a national consensus on the initiative Announced the Kurdistan Alliance bloc in the House of Representatives that President Jalal Talabani finished the last stages of his treatment in Germany, indicating that there is a consensus of all the political blocs and national forces the pivotal role played by the President of the Republic.

The head of the bloc Fuad Masum in a press statement that "Talabani and according to the latest medical reports, he completed the last stages of his treatment," adding that "the national forces and pooled on different beliefs to accept the role of mediation to be adopted by President Talabani."

He added that "there is acceptance of the invitation Talabani to meet national, who had already been called and what was expressed by various characters or blocs, both those who visited him at his headquarters in Germany or had contact with the Kurdistan Alliance."

It is expected to call President Jalal Talabani returned to his country of travel therapy to hold a national meeting after announcing that the atmosphere has become appropriate to hold the meeting. Link

keep us updated RevBo, good work, looking for RV

been along time waiting,

*taping fingers

Sounds to me like talaboni had some concerns about his health if he stayed in country until things got Ironed out. But I could be wrong. It seems like things can to a head but where ironed out without arrests or bloodshed and all parties have agreed that its in Iraq's best interest to compromise on the issues and get ur done. sk

[millionday] In turn expressed an economic expert Dr Akram Abdel Aziz during Mhazertha on the sidelines of the seminar for lack its own absolute in times of time to process the deletion of zeros from the currency, wondering about the impact of the operation in enhancing the value of the currency and whether it will contribute to the positive impact on monetary indicators as well as the guarantee that can Saves the process from corruption. Abdul Aziz believes that the adoption of a strategy for managing and structuring currency surround require all economic indicators, particularly the effectiveness of the real and service sectors of the economy and what is the percentage of its contribution to the gross domestic product.

[millionday] She drew Abdul Aziz that enhance the value of the currency can not be achieved implicitly, pointing out that the reasons for this comes because the value of the dinar and the strength derived from the diversification of income sources and increase built sectoral and making them able to produce goods and services, criticizing a growing reliance on the oil sector in supplying the budgets the country's financial and

[millionday] influenced the stability of cash income from foreign currency assets enhanced the value of the currency, as well as that this matter can keep on unilateral export content and increasing import content with a wide range of external borrowing. And participated in the seminar a number of experts and specialists in economic affairs appeared in many government and private agencies, and will be published an extensive report for the morning seminar in future issues
[millionday] so they had a huge semenar about the raising of the value and the bringing in of the three zero currency and it is not over yet
 
[millionday] they are trying to figure out what the future impact will be on the gdp and the income ect

[millionday] brb with more --- love it

[millionday] the vlaue of the currency not being achieved implicitly --- that has to be the best of all time

[millionday] this will have to be done by changing the rate -- not by allowing the market to drive

[millionday] best part >>>>> board Other specialists participated in the seminar that the process requires timelines testify during the economic reality of Iraq more stability, which otherwise is witnessing now, according to specialists.

[MeKevinB] so they're staying that they feel Iraq is showing enough stability now to folow thru with deleting zeros?

[millionday] oh yes my friend

[millionday] and biden coming monday -- things that make ya go --- hmmmmmm

[millionday] love it --- they are having huge mneetings about the raising of the exchange rate --

Last Edited by Revbo™ on 09/01/2012 07:41 PM

Bloomberg Businessweek
Videos

The Next Generation of Emerging Markets: Iraq
[link to www.businessweek.com]

[link to moveforwardalready.blogspot.com]

Askari reveals expected visit for Biden to Baghdad on Sunday - Saturday, 01 2012
Baghdad (AIN) –The member of the Foreign Relations Parliamentary Committee MP Sami al-Askari revealed that “The US Vice President Joseph Biden will visit Baghdad on top of a senior US delegation next Sunday,” explaining that “The main axis of the visit is to coordinate the stances of Washington, the UN Security Council and Iraq towards the Syrian crisis and discuss the Iraqi initiative to solve the Syrian issue.”

MP Askari from the State of law Coalition told All Iraq News Agency (AIN) today "All indications refer that the delegation's visit to Baghdad will be tomorrow and Biden will hold meetings with the Iraqi Premier Nouri al-Maliki and Iraqi senior officials,” noting that "The important topics of the visit is to activate the strategic framework between Iraq and the United States of America and start new horizons of cooperation between Iraq and the United States since there is a joint committee which met in Baghdad and Washington earlier and started a serious dialogue between the two sides on these issues." Link
at 6:51 PM No comments:



Deputy for the rule of law is expected to convene a meeting of the three presidencies after the return of the country's president - September 01, 2012

Expect a member of a coalition of state law the National Alliance MP Kazem Bahadli that the return of President Jalal Talabani to the country, during the current week of treatment in Germany trip. Said Bahadli told the Agency news, Saturday meeting national depends on the return of the president to the country, and that the first meeting between the three presidencies to be held after the return will result in major lines for the meeting, noting that the meeting will be put also worksheets of political blocs, including paper reform and develop a joint paper.

The MP added that National is expected within a week the president's return to the country, adding to the political problems that the country has witnessed need more than a meeting to agree on a solution. Link

During a seminar held by the (morning)

BAGHDAD - Haider al-Rubaie Flaih - Hussein Tgb Tamimi

Discuss Economists process of deletion of zeros from the Iraqi currency, and the order of the positives that can be reflected on the overall economic activity in Iraq or cons able to affect the business operation and financial in general, and as Deputy Governor of the Central Bank that the disintegration of the monetary system in the country is vulnerable and clear to the overall political process, board Other specialists participated in the seminar that the process requires timelines testify during the economic reality of Iraq more stability, which otherwise is witnessing now, according to specialists.

The deputy governor of the Central Bank of the appearance of Dr. Mohammed Saleh during a seminar organized by the morning yesterday on the process of deletion of zeros from the currency and with it, it's pros or cons related to the overall economic process: that Iraq suffers from enormous power of the monetary mass estimated at 35.3 trillion JD inflation rates caused an increase to dangerous levels, which called for the initiation of change currency and deleting three zeros in order to shrink as it believes in the use of small cash categories.

Pointing out that the deletion will be produced by issuing classes cash small up to 25 fils in order to fill a need transactions small future, stressing that the Iraqi dinar currently covered well and cash value estimated at more than $ 60 billion, a cap could keep the value of the dinar from All economic variables that could face the country.

Saleh was who delivered Mahazerh first at the symposium had answered a number of questions that guide the participants in the same order, as explained during his answers to the financial value of the dinar after the change will maintain its position fully, denying that you get some imbalances in the process transactional to banks and banks with customers who deposited their money before the deletion of zeros.

Despite what was said in favor of the positives can be realized after the deletion, but the president of the Association of private banks Abdul Aziz Hassoun wondered about the feasibility of the change in value of financial standing after the deletion, saying at the same time: what will result from the deletion of zeros, from the comfort of the use of the currency, Will will that rest, economically successful.

In turn expressed an economic expert Dr Akram Abdel Aziz during Mhazertha on the sidelines of the seminar for lack its own absolute in times of time to process the deletion of zeros from the currency, wondering about the impact of the operation in enhancing the value of the currency and whether it will contribute to the positive impact on monetary indicators as well as the guarantee that can Saves the process from corruption.

Abdul Aziz believes that the adoption of a strategy for managing and structuring currency surround require all economic indicators, particularly the effectiveness of the real and service sectors of the economy and what is the percentage of its contribution to the gross domestic product.

She drew Abdul Aziz that enhance the value of the currency can not be achieved implicitly, pointing out that the reasons for this comes because the value of the dinar and the strength derived from the diversification of income sources and increase built sectoral and making them able to produce goods and services, criticizing a growing reliance on the oil sector in supplying the budgets the country's financial and influenced the stability of cash income from foreign currency assets enhanced the value of the currency, as well as that this matter can keep on unilateral export content and increasing import content with a wide range of external borrowing.

And participated in the seminar a number of experts and specialists in economic affairs appeared in many government and private agencies, and will be published an extensive report for the morning seminar in future issues.

[link to translate.google.com]



--


September 1, 2012 at 8:01 PM Flag Quote & Reply

kaperoni
Moderator
Posts: 5440 Super article tgirl "as explained during his answers to the financial value of the dinar after the change will maintain its position fully,"
--





Tammy44
Moderator
Posts: 153
OH My.....Awesome!
as it believes in the use of small cash categories.

Pointing out that the deletion will be produced by issuing classes cash small up to 25 fils in order to fill a need transactions small future AND
what he, up there, said...lol Bring it!

Last Edited by Revbo™ on 09/02/2012 12:53 AM

Biden, US High Level Delegation due in Iraq tomorrow says member of Iraq Foreign Relations Committee
Posted: September 1, 2012 in Iraqi Dinar/Politics
Tags: Baghdad, Iraq, Joe Biden, Joseph Biden, Nouri al-Maliki, Sami al-Askari, Syria, United States

Military reveals visiting U.S. delegation headed by Biden to Baghdad tomorrow centered foundation Syrian issue
Saturday, 01 September / September 2012 15:51

Baghdad Wayne

Revealed a member of the Foreign Relations Committee, the parliamentary visit U.S. delegation high level delegation headed by U.S. Vice President Joseph Biden will arrive on Sunday to Baghdad, explaining that axis the foundation of the visit is to coordinate the positions of Washington and the UN Security Council and Iraq direction Syrian crisis and search initiative Iraq to solve the Syrian issue.

The MP said the state law Sami al-Askari told all of Iraq [where] today, “said all indications point to the delegation’s visit to Baghdad tomorrow and will hold meetings with Prime Minister Nuri al-Maliki and senior officials in the state, noting that “the important topics of the visit is to activate the strategic framework between Iraq and the United States of America and open the horizons of cooperation between Iraq and the United States and there is a joint committee met in US-Iraqi Baghdad and Washington earlier and there is a serious dialogue between the two sides on these issues. “

He explained that “Iraq hopes of contending parties on Syria to accept the initiative of Iraq, noting that” the success of the initiative depends on the willingness of others to deal with it in a positive and if it is not accepted will remain a dead letter. “

He noted that “there is a stand internationally began to understand risk division in Syria and the risk of civil war,” saying “there are signs stating that America started down position toward the Syrian crisis, but this is not enough unless convinced conflicting parties realize that military approach will not solve the crisis, but compounded and paid to risk to Atnhsr inside Syria, but pervades the countries of the region. “

He called Alliance MP USA national cream Silverline told [where] on August 30 last Iraqi government non-compliance to pressure America about Iraq’s position towards Syrian, describing “Vice President Alamarki Joseph Biden’s upcoming Iraq without welcome and objective pressure on Iraq to stand against the Syrian and Iranian governments. says.

The government spokesman, Federal Ali al-Dabbagh denied the news that talked about a planned visit by U.S. Vice President Joseph Biden to Baghdad, noting that “there are no any possible visit by U.S. Vice President to Iraq, pointing out that there is a visit to the political delegation from the U.S. State Department to Baghdad.

The semi-official Al-Iraqiya announced on Monday, August 27, the last political delegation and U.S. security a high-level delegation headed by Vice President Joseph Biden will visit Iraq on September 3.

[link to DON'T_USE-THIS]