Newshound Guru Clare
Article: ”Imposing a curfew in all Iraqi governorates on November 20 and 21″ Quote: “The Iraqi government decided…to impose a curfew on November 20 and 21 in all regions and cities of the country to conduct the population census.”
Newshound/Intel Guru Fnu Lnu
I have heard these Uncle FUD folks (Fear Uncertainty Doubt) attempting to generate negativity with the perfunctory hand-wringing stating that with the price of oil now in the $70’s, the Dinar is likely to be devalued. REALLY??? They have a new 11% revenue stream they never had before due to non-oil income. They have multi-national corporations in the wings chomping at the bit to get started with projects ranging from the “Development Road” to oceans of new housing, infrastructure projects, tariffs, import fees, new port facilities, not to mention all the mineral wealth waiting to be exploited. They have record foreign reserves and 150 tons of gold plus they have sold bonds of late. They will also be repatriating all the DFI funds from the New York Central Bank if they haven’t already done so...The Chicken Little routine is wearing thin…Trust me, there will be NO dinar devaluation now or in the future.
Newshound Guru Samson
“Our Country’s Dream… Al-Sudani Sends an Important Message to Gulf States Regarding the Path to Development” Quote “Prime Minister Mohammed Shia al-Sudani stressed that the drop in oil prices to less than $72 confirms the need to diversify…”
Newshound/Intel Guru Mnt Goat
Is the electronic payment necessary in Iraq for the RV? NO, it is not but it will help to prevent the money laundering…
Intel Guru Wolverine
[via Judy Byington] Things are defiantly happening behind the scenes. We are going to be celebrating this week. There are things that I can’t say, but I wanted you to know that things are defiantly moving…
Newshound Guru Pimpy
Professor Constant: Lessen their reliance on the dollar. PIMPY: They were meant not to utilize US dollars at the start of this year. Professor: Emphasize moving its economy beyond of reliance on oil. PIMPY: Just 89% of [the budget] depends on oil sales right now. Many times better than it was. Professor: Improve trade balance; boost exports; cut pointless imports; thereby supporting a stronger dinar. PIMPY: Though not many choices, they have goods to trade. Professor: Stay internally stable; track inflation rates… PIMPY: Iraq is right currently roughly 5%.He is stating that if they wish to bring back the $3.22 charge for handling these items. We have been listening to them discuss eliminating the zeros, and he has entered that in here. It’s fascinating.Many of these activities Iraq has already begun.Bravo to Al-Sudani. [Post 2 of Two]
Newshound Guru Pimpy
“What does Iraq need to do right now to reinstate their old rate of $3.22?” asked one. Professor Boskin [of economics] kindly sent me the following material which I would be happy to forward to you.It should be able to let you know how far away this creature might be.His first discussion is on applying financial changes. PIMPY: We know they are most certainly using monetary reforms as we have been hearing about it for years. Professor: The Central Bank of Iraq might think about eliminating zero values. PIMPY: They will re-denominate and print fresh bank notes clearly if they are removing the zeros off the currency. Establish a currency basket system; the value of the dinar would be calculated against a weighted average of many currencies… [ Post 1 of 2….stay tuned]
Intel Guru Frank26
[Iraq boots-on-the-ground report] FIREFLY:
Saleh on television saying we will have more digital banks in Iraq than the entire surrounding region of the Middle East. They’re saying the new banking reform will eliminate the black market. FRANK: BOOM! There it is. There it is. There it is.
Newshound Guru Militia Man
The digital transition is here and will only get bigger and more pervasive overall.Is going to have what when they move from a cash economy to a digitalized cashless economy? Article VIII compatible money on an international worldwide Forex market. That is the expectation we should have always.
Intel Guru MarkZ
[by PDK] Question: About a month ago, you mentioned how your contacts claimed your Dinar estimate was “way too low.” You came out at roughly $3.70.So are we discussing five bucks? Seven bucks. Ten bucks? Mark Z: All they are telling me is my estimations are much too low.
Newshound Guru tishwash
Article “Al-Sudani announces the forthcoming end of the international coalition mission in Iraq: We will deal with any American president” Quote: “We have started an honest dialogue with the international coalition and formed a bilateral committee to arrange the withdrawal of coalition forces, and to announce the end of the coalition forces’s mission in Iraq soon…indicating that the end of the international coalition’s mission does not mean the end of the relationship between Iraq and the United States, but rather the opposite, we are engaged in Talks to build sustainable security relations and economic, cultural, social and scientific ties…We will deal with any government reiterating that Iran supports the political process and Iraq’s efforts in combatting terrorism. We respect the decisions of the American people in selecting their president. Al-Sudani came to the conclusion that only Iraq among the nations in the area has maintained friendly relations with Iran and the United States.
