Newshound Guru Militia Man
Article: “Iraq quickens steps to join the WTO”. Quote: “Fourth round of negotiations scheduled for first quarter of next year. This acceleration implies that the negotiations are moving fast towards Iraq’s World Trade Organization entrance…” It’s making you think they’re heading out to next year and will be accelerating. For me, that is not acceleration. It’s not at all.
ntel Guru RayRen98
JUST Heard From a Bank Source; They Feel Something Will Happen in the MORNING.Time will tell!
Newshound/Intel Guru Walkingstick
One of the several adjustments Iraq is undergoing is a new exchange rate adjustment.
Intel Guru MarkZ
[ via PDK] RV news has been quiet following a really active weekend from Iraq. Not yet on HCL yet.But our last update yesterday is that it will go within several days.
Newshound Guru Pimpy
Does that make logic for you?…) No; once the re-denomination is underway, it is global. Though you could still have the old notes, you will not be able to swap 1,000 dinars times a $3.22 rate. That is not the outcome. They convert to the fresh Iraqi denomination. Therefore, if you deliver them a 1,000., it is only 1dinar rather than 1,000 anymore. Then mark the $3.22 exchange rate in time. Here you are, sir/ma’am; your $3.22.Just employ a little common sense.With all the zeros, you would have this great rush of people leaving Iraq with their money heading to the United States, swapping it, becoming millionaires, then returning to purchase the new bank notes using their millions of dollars. That makes sense? [Post number two of two]
Newshound Guru Pimpy
Once a nation re-denominates, they do not just acknowledge that re-denomination in their nation. It is known all throughout the globe.Does it make sense that their rate of exchange in Iraq will be different from out? You truly think that is going to happen? Wait a minute, the underprivileged in Iraq will be like. I’m changing 1,000s, and all you provide is one fresh Iraq dinar note at only $3.21. In the meantime, if I simply travelled to the United States that they would trade my old bank notes with the current exchange rate with zeros on there giving me millions of dollars? [ Post 1 of 2 ]
ntel Guru Wolverine
[from Judy Byington] Seems like the week we have been waiting for here. Though none of these sources know one another, I am flooded with a lot of much intelligence pouring through and it all fits. This thus seems to be most definitely coming.This is going to be an amazing week.
Newshound Guru Jeff
Their third World Trade Accession Meeting is scheduled on July 18th. They bided sixteen years for that rendezvous. Six sixteen years. Reason is that for that meeting there are conditions and requirements to be satisfied. A transferable convertible currency cannot be under US/UN restrictions. the’s why they have been waiting sixteen years for the conference.This was in print to have their thoughts turned in for this World Trade admittance; everyone on the board of directors and members only had until August 15th.
Newshound Guru Militia Man
Article: “Paralyzed for 19 years: Parliamentary optimism about passing the most important laws in Iraq.” Quote: “The oil and gas law is the most important of the suspended laws…this issue will be resolved in the coming days.” There is no coincidence that this law is on the table now. We never know what the coming days will mean. However, with where Iraq is in her reforms and the loss of revenues from the Kurdistan Region, the pressure has been mounting for results to take place quickly. This is a perfect sign of things to come, likely first or simultaneously.
Intel Guru Frank26
The individuals causing trouble in Iraq are opposed to the monetary reform and don’t want it to happen. This is why the Iraqi dinar has not undergone monetary reform. The corruption within the Iraqi government is the main reason for this. However, Sudani is effectively in control.
Newshound Guru tishwash
Article: “Parliamentary Committee Expects Oil and Gas Law to Be Approved Soon: Delayed Due to Political Pressure Tactics”
Quote: “The Parliamentary Oil and Gas Committee expressed its optimism on Sunday about the imminent approval of the Oil and Gas Law.”
Intel Guru MarkZ
[via PDK] Question: What is the HCL? MarkZ: The HCL stands for the hydrocarbon law. It governs how the Kurdish region of Iraq shares oil profits, government revenues, and handles payments for the past 19 years.
