Newshound Guru Militia Man
The financial advisor, Saleh, has discussed the float—a controlled float or a blend between the peg and the flexible float.These people will do what they believe to be the most constructive.They won’t aim to sour the circumstances. They are going to strive to succeed personally.
Guest Guru Zester
[ Via PDK] …pops (MarkZ)…is feeling fantastic and enthusiastic. (Mark is undergoing stem cell treatments to try to stop muscular illness from progressing.) I personally got an update straight from pops this morning. From Mark Z: Thank you everybody for the kind wishes and prayers. There is much positive bond talk scheduled for later today.I also have other reports stating that currencies are not yet paying out.
Newshound Guru Samson
Article “US State Department : Our commitment to the relationship with the Kurdistan Region is firm“
Intel Guru Frank26
[ Iraq boots-on-the-ground report] Saleh was discussing fixed rates as he was also discussing the floating. No decisions have been taken, he says. Each one of these choices had benefits and drawbacks discussed. The CBI then emerged and declared that we will act to reduce the dollar exchange rate in the next days. Frank: Can the CBI influence the dollar exchange rate? Not yes. Indeed! Just how? Firefly: The CBI’s responsibility is not dollar control.They cannot touch a dollar; yet, the CBI can touch the dinar.Should they raise the value of our currency, the worth of the dollar in our nation would thus diminish? Let’s see if increasing the dinar is the sole action the CBI could take to devaluate the dollar. They indicate in the next days.
Newshound Guru Militia Man
Article: “Iraq stays away from the grey list”. Iraq belonged to a black list once. They then went to the grey list, which we thought was very excellent; we’re headed forward. These days, they claim Iraq avoided the grey list. Quote: “In a remarkable development the Anti-money Leping and Terrorist Financing Office in Iraq announced the country is far from being included in the grey list after the mutual international evaluation Iraq underwent for 14 month.” Sounds excellent.
Newshound Guru Breitling
Remember it’s an artificial rate. It’s manipulated by the note count.
Guru Nader From The Mid East
[Basra update of Iraq former government/UN employee friend Imad] Kuwait basically went through the same scenario. Whatever is happening to Iraq, Kuwait went through already. Kuwait returned to business following the conflict. The American citizens who bought and held such notes during a down period made a lot of money. That is certain. Now the situation is recursing with Iraq.
Newshound Guru Samson
Article: “Iraq avoids the gray list: temporary victory or the beginning of a new crisis?“
Newshound Guru Clare
Article: “Government Advisor: Al-Alaq’s forthcoming visit to New York will help to support the protection and stability of the banking system”. Quote: “The Prime Minister’s Advisor for Financial Affairs, Mazhar Mohammed Saleh…pointed out that the file of the sanctioned banks required negotiation due of possibilities of an error or exaggeration in issuing the decision to punish them…At the end of this August, there will be talks with the US Treasury Department and the Federal Bank.
Intel Guru Frank26
[Iraq boots-on-the-ground report] FIREFLY:
Saleh on TV talking about the possibility of using the dinar instead of the dollar on oil sales. He’s talking about how and why… FRANK: Sudani is now sending people on a daily basis out to talk to you…If it’s not Saleh talking to you about the monetary reform, it’s Alaq reminding you you’re going to get purchasing power…Then it’s himself that comes out and tell you the project to lift the three zeros is still on the table, we’re going to give you purchasing power like we promised you this year…Your purchasing power is coming.
Newshound Guru Militia Man
What were they doing in the background? They were destroying money…They didn’t tell you how much money they destroyed…But they’re saying they’re having a problem with liquidity…a problem…to meet the need for Iraq dinar…They’re going to need money to be replaced. Could that be the new small category notes with more value? ...Why in the world would you go out and destroy a bunch of money… make it into pellets for burning, when you’re going to go and create new 25k notes. Does that make any sense to anybody? Do you think they built that big, huge massive building…to have more inflation and a cheaper exchange rate less that 1310? That’s what they would be doing…That doesn’t make any sense whatsoever. [Post 2 of 2]
Newshound Guru Militia Man
Article quote: “Central Bank’s inability to meet the needs of Iraq dinars which may force an increase in issued monetary mass.” They didn’t say dollars, they said the need for dinar. Why would they need to have dinar? Remember…they’ve been bringing in 25k notes because…they’re doing electronic. All that money that comes in gets credited on cards. They’ve been absorbing cash… [Post 1 of 2….stay tuned]
Intel Guru RayRen98
THE WORLD COURT RECEIVES DISPUTES (AND SEEKS RESOLUTION) BETWEEN NATIONS. THE DETAILS ARE INSIGNIFICANT, THE RV IS SLATED TO MOVE FORWARD NOW.
