Millionday News 7/9/15 Part 1 of 2
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: The central bank announced the completion of the controls of his initiative to finance small and medium projects and submit them to the governor with a view to approval and approval.
Director General of the release of the Bank Ihsan al-Yassiri said the "morning" in a statement to the possibility of the issuance of checks and working out during the next two days, as it has been complete them by the competent committees awaiting approval by the Governor of the Bank.
Millionday: NOTE -- CBI HAS ANNOUNCED THE COMPLETION FOR THE RELEASE OF FUNDS FOR PROJECTS -- IT IS POSSIBLE IN THE NEXT TWO DAYS -- WHOOPOW
Millionday: HUGE HUGE PROGRESS FOR IRAQ AND ITS DEVELOPMENT
~~~
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: The central bank announced the completion of the controls of his initiative to finance small and medium projects and submit them to the governor with a view to approval and approval.
Director General of the release of the Bank Ihsan al-Yassiri said the "morning" in a statement to the possibility of the issuance of checks and working out during the next two days, as it has been complete them by the competent committees awaiting approval by the Governor of the Bank.
Millionday: NOTE -- CBI HAS ANNOUNCED THE COMPLETION FOR THE RELEASE OF FUNDS FOR PROJECTS -- IT IS POSSIBLE IN THE NEXT TWO DAYS -- WHOOPOW
Millionday: HUGE HUGE PROGRESS FOR IRAQ AND ITS DEVELOPMENT
~~~
Millionday: As Yasiri said identifying controls and mechanics of lending and recovery and distribution of ratios between all the productive sectors in the country for coverage of funding,
pointing to the possibility of the banks concerned the promotion of granting loans to small and medium-sized enterprises transactions in respect of the month of July and to provide bottom line in the month of August , Bank of the compensation for the loans granted during this month.
Millionday: NOTE -- THE MOVEMENT OF MONEY IS TO BEGIN THIS MONTH (POSSIBLY 2 DAYS) FOR THE LOANS TO BEGIN PROJECTS AS THEY HAVE WAITED FOR YEARS TO SEE
Millionday: WHOOPOW
Millionday: The Bank of the UNESCO since the launch of the Central Bank initiative promoting about 20 treatment of loan and pending the issuance of instructions and allocations for granted to borrowers, as the management of the bank has worked in collaboration with the Association of Banks in conjunction with the relevant committees in the Central Bank to put mechanisms and controls for the financing of small and medium enterprises to benefit from the amount of "trillion dinars."
Millionday: NOTE -- THE PROJECTS WILL BE FUNDED IN -- DINARS (THE IRAQI CURRENCY) AND THEY HAVE WORKED WITH BANKING -COMMITTEES TO PUT CONTROLS AND MECHANISMS IN PLACE --HUGE
Millionday: It should be noted that the central bank decided last May to issue instructions to contribute to the financing of small and medium enterprises in order to achieve economic and social development through the support of this Alharia and run with outstanding skills the workforce,
as the central allocated (trillion dinars) for the purpose of lending to those Almharia by banks operating in Iraq and wishing to selling out this project.
Millionday: NOTE -- CBI IS PREPARED TO FUND BANKS TO LOAN TO ENTERPRISES FOR THEIR PROJECTS FINALLY
Millionday: This project targets or initiative agricultural sectors, industrial, housing, commercial, health, educational and tourism services, as the Bank determines the roof top of the loan granted by (50 million dinars), the recovery of 3 years for no more than with the possibility of extension for a period of one year with the approval of the central bank governor ,
at an interest rate not to exceed 5.5 percent (interest rate that the bank met by no more than 4 percent rate, and the percentage collected by the guarantor of no more than 0.8 percent, while the proportion met by the central bank to not more than 0.7 percent).
Millionday: SO AS WE SEE THIS IS WHAT THEY ANNOUNCED A COUPLE DAYS AGO TO BE WORKING TOWARD AND CBI IS PREPARED TO MOVE FORWARD --- EXPECTED WITHIN A COUPLE DAYS -- THIS WOULD BE BUDGETED FOR OBVIOUSLY --HUGE NEWS
Millionday: WHOOPOW
carpet: anything on credit rating or bonds
Millionday: NO ANNOUNCEMENT FOR CREDIT RATINGS YET AND BONDS HAVE BEEN ANNOUNCED TO BE PREPARED FOR --- HUGE ANNOUNCEMENT ON BONDS
Millionday: CARPET I WILL LOOK FOR ANNOUNCEMENT AND BRING IT TONIGHT
efriscone: How Can they lend money "Dinars" of little value?
Millionday: I DONT KNOW -- WE WILL SEE WHAT HAPPENS -- BUT THE LAST OF THE REPORT SHOWS THE DETERMINED INTERTEST RATES
Mark9102: With the CBI putting out the funds for these loans, would it be in their best interest to have a rate other than 1166.
Mark9102: If not at a later date they would have to recalculate the loan amounts.
Millionday: IF THERE WAS A CHANGE OF VALUE AFTER THE LOANS WERE GIVEN -- DATA ENTRY WOULD HAVE TO BE DONE FOR ALL LOANS TO MAKE THE CHANGE AFTER THE CHANGE OCCURS --- AND --
Millionday: THE FUNDS FOR PROJECTS BEING LOANED AT A RATE OF 1166 WOULD BE DONE IF CBI HAS BUDGETED AND THEIR FUNDS ARE CALCULATED AT THAT VALUE -- HOWEVER
Millionday: WE READ A REPORT THAT STATED THEY WERE TO DO THEIR INTERNATIONAL EQUATION -- THIS WOULD DETERMINE THE REALITY VALUE OF EVERYTHING INCLUDING THEIR CURRENCY ----
1166 WAS IMPOSED ON THEM ACCORDING TO REPORTS WE HAVE READ FOR YEARS --- WE ARE ALL HERE EXPECTING THAT THE VALUE OF THE DINAR IS HIGHER THAN 1166
Millionday: I HAVE AN INSERT THAT IS ON OUR BLOG ABOUT THE BONDS -- WMAWHITE AND BGG FOUND THIS REPORT FOR US
Millionday: Article quotes: “The Iraqi government plans to issue local bonds worth five billion dollars, starting from the last quarter of this year…“ “The bonds will be issued in US dollars in stages based on investor demand, and investors will choose between receipt of an asset at maturity in dollars or dinars, but at a better price than the market price.”
“He noted the former official at the Central Bank of Iraq, Qassem Saleh appearance, that “the medium-bond maturities range between 12 and 18 months.”
Millionday: NOTE -- THEY ARE GIVING A CHOICE OF RETURN IN EITHER US DOLLAR OR IRAQI DINAR -- WOW -- AND ANNOUNCED THAT THE MATURITY WILL PRODUCE A HIGHER RETURN THAN --MARKET PRICE -- WHOOPOW
Millionday: [via BGG]>> They just told you they are planning for an internationally accepted Dinar. How do you want your return? In USD or Dinar…something is up. …according to banking reference yesterday – (IHHO) he would find it highly unlikely for there to be an international acceptance and trading without a reality rate.
Millionday: SMILE -- GREAT REPORT -- MORE FOUND ON >>> http://ift.tt/1tHIw7s
Millionday: YES MARK -- THE THING IS THAT CBI WILL DETERMINE IF THE LOANS ARE GIVEN OUT AT A NEW VALUE OR NOT -- I PERSONALLY HOPE A NEWLY CALCULATED VALUE
carxpress: MD (or BGG) if the bonds will be in 4th qtr .. will the rate possibly change prior to then?
Millionday: THE DATE OF A CHANGE IN RATE HAS NOT BEEN RELEASED
Millionday: CAR -- IT CAN BE CHANGED AT ANYTIME -- WE DONT KNOW WHEN BUT IT DOES NOT MEAN IT MUST WAIT UNTIL THE FOURTH QUARTER
thomas1: just for the fun it what is your feeling that they may have real rate on these loans
thomas1: just for the heck of it nothing more
Millionday: MY FEELINGS ? -- OH BOY !!!! SO MANY OF THEM LOL
Doodle Brain: Hugs to you MD and thank you for this evening! So they stated that you could either get Dinar or USD at maturity...could this be that the Domestic payouts will be in Dinar, and if you were International you could get USD? (Hope that was a clear question)
Millionday: YES -- THE REASON I CAN SAY YES IS ONE --- THEY STATED THAT IT WILL MATURE AT A HIGHER AMOUNT THAN THE MARKET PRICE -- SO THE BONDS WOULD BE ON THEIR MARKET AT THAT TIME -- HUGE CLUE FOR ME -- WHOOPOW
dale: Just as an opinion would there be any rational reason to give the loans out at the 1166 rate?
Millionday: ACCORDING TO MY LOGIC AND ECONOMICS -- IT WOULD NOT MAKE MUCH SENSE FOR IRAQ OR THE ENTERPRISE ---
AND THEY ALSO MENTIONED CHECKS SO THIS IS THE BANKING SERVICES OPEN AND PRODUCING REVENUES FOR THE STAKE HOLDERS -- HUGE IMO
Millionday: READ EVERY WORD -- WE SEEM TO BE SEEING JULY IN MANY REPORTS AND PLANS -- WHOOPOW
Millionday: Iraqi government will begin in the middle of this month, the month of July the distribution of salaries to the staff of government departments and institutions, excluding the security ministries of it.
According to the leaflet circulated by the Ministry of Finance, it responded to Twilight News, that "in view of the proximity of Eid al-Fitr,
in order to make way for spending units for the disbursement of the salaries of the month of July / 2015, and coincidentally the date of salaries during the holiday, got the approval of the payment of salaries."
Finance and identified the departments and ministries covered by the approval, and the planned schedule for distribution, according to the publication below.
Millionday: MORE DISTRIBUTION OF FUNDS THAT WOULD BE BUDGETED FOR
Millionday: A HUGE ANNOUNCEMENT TODAY AMONG OTHERS WE HAVE SEEN LOL
Millionday: READ EVERY WORD --
Millionday: MP for the Kurdistan Alliance Muhsin al-Sadoun said the oil agreement between Baghdad and Erbil saved Iraq from the economic crisis, as pointed out that Erbil is committed to the oil agreement with Baghdad.
Sadoun said during the "pillar" program that displays on the screen "trend" It's not for the oil agreement between the center and the region to have passed negative repercussions on the economic and financial situation of Iraq,
noting that the Arbil efforts resulted in the export of Kirkuk, 300 000 barrels of oil a day for being secured tanker lines technically and security,
Millionday: NOTE -- ERBIL HAS ANNOUNCED THAT THEY ARE COMMITTED TO THE OIL AGREEMENT MADE -- ANNOUNCED TODAY -- WHOOPOW
Millionday: He added that the ministers of oil in Baghdad and Erbil to reach a final formula on the mechanism of export. And the federal government that seeks to change the mechanism of action in the delivery of financial funds and the process of export from Kurdistan period of one to three months, pointing out that Erbil is committed to the oil agreement with Baghdad,
He said al-Sadoun said the export of oil from the jurisdiction of the provinces, not the federal government according to the Constitution, pointing out that he did not get any development in the field of oil and that Iraq is still importing oil products from abroad.
pointing to the possibility of the banks concerned the promotion of granting loans to small and medium-sized enterprises transactions in respect of the month of July and to provide bottom line in the month of August , Bank of the compensation for the loans granted during this month.
Millionday: NOTE -- THE MOVEMENT OF MONEY IS TO BEGIN THIS MONTH (POSSIBLY 2 DAYS) FOR THE LOANS TO BEGIN PROJECTS AS THEY HAVE WAITED FOR YEARS TO SEE
Millionday: WHOOPOW
Millionday: The Bank of the UNESCO since the launch of the Central Bank initiative promoting about 20 treatment of loan and pending the issuance of instructions and allocations for granted to borrowers, as the management of the bank has worked in collaboration with the Association of Banks in conjunction with the relevant committees in the Central Bank to put mechanisms and controls for the financing of small and medium enterprises to benefit from the amount of "trillion dinars."
Millionday: NOTE -- THE PROJECTS WILL BE FUNDED IN -- DINARS (THE IRAQI CURRENCY) AND THEY HAVE WORKED WITH BANKING -COMMITTEES TO PUT CONTROLS AND MECHANISMS IN PLACE --HUGE
Millionday: It should be noted that the central bank decided last May to issue instructions to contribute to the financing of small and medium enterprises in order to achieve economic and social development through the support of this Alharia and run with outstanding skills the workforce,
as the central allocated (trillion dinars) for the purpose of lending to those Almharia by banks operating in Iraq and wishing to selling out this project.
Millionday: NOTE -- CBI IS PREPARED TO FUND BANKS TO LOAN TO ENTERPRISES FOR THEIR PROJECTS FINALLY
Millionday: This project targets or initiative agricultural sectors, industrial, housing, commercial, health, educational and tourism services, as the Bank determines the roof top of the loan granted by (50 million dinars), the recovery of 3 years for no more than with the possibility of extension for a period of one year with the approval of the central bank governor ,
at an interest rate not to exceed 5.5 percent (interest rate that the bank met by no more than 4 percent rate, and the percentage collected by the guarantor of no more than 0.8 percent, while the proportion met by the central bank to not more than 0.7 percent).
Millionday: SO AS WE SEE THIS IS WHAT THEY ANNOUNCED A COUPLE DAYS AGO TO BE WORKING TOWARD AND CBI IS PREPARED TO MOVE FORWARD --- EXPECTED WITHIN A COUPLE DAYS -- THIS WOULD BE BUDGETED FOR OBVIOUSLY --HUGE NEWS
Millionday: WHOOPOW
carpet: anything on credit rating or bonds
Millionday: NO ANNOUNCEMENT FOR CREDIT RATINGS YET AND BONDS HAVE BEEN ANNOUNCED TO BE PREPARED FOR --- HUGE ANNOUNCEMENT ON BONDS
Millionday: CARPET I WILL LOOK FOR ANNOUNCEMENT AND BRING IT TONIGHT
efriscone: How Can they lend money "Dinars" of little value?
Millionday: I DONT KNOW -- WE WILL SEE WHAT HAPPENS -- BUT THE LAST OF THE REPORT SHOWS THE DETERMINED INTERTEST RATES
Mark9102: With the CBI putting out the funds for these loans, would it be in their best interest to have a rate other than 1166.
Mark9102: If not at a later date they would have to recalculate the loan amounts.
Millionday: IF THERE WAS A CHANGE OF VALUE AFTER THE LOANS WERE GIVEN -- DATA ENTRY WOULD HAVE TO BE DONE FOR ALL LOANS TO MAKE THE CHANGE AFTER THE CHANGE OCCURS --- AND --
Millionday: THE FUNDS FOR PROJECTS BEING LOANED AT A RATE OF 1166 WOULD BE DONE IF CBI HAS BUDGETED AND THEIR FUNDS ARE CALCULATED AT THAT VALUE -- HOWEVER
Millionday: WE READ A REPORT THAT STATED THEY WERE TO DO THEIR INTERNATIONAL EQUATION -- THIS WOULD DETERMINE THE REALITY VALUE OF EVERYTHING INCLUDING THEIR CURRENCY ----
1166 WAS IMPOSED ON THEM ACCORDING TO REPORTS WE HAVE READ FOR YEARS --- WE ARE ALL HERE EXPECTING THAT THE VALUE OF THE DINAR IS HIGHER THAN 1166
Millionday: I HAVE AN INSERT THAT IS ON OUR BLOG ABOUT THE BONDS -- WMAWHITE AND BGG FOUND THIS REPORT FOR US
Millionday: Article quotes: “The Iraqi government plans to issue local bonds worth five billion dollars, starting from the last quarter of this year…“ “The bonds will be issued in US dollars in stages based on investor demand, and investors will choose between receipt of an asset at maturity in dollars or dinars, but at a better price than the market price.”
“He noted the former official at the Central Bank of Iraq, Qassem Saleh appearance, that “the medium-bond maturities range between 12 and 18 months.”
Millionday: NOTE -- THEY ARE GIVING A CHOICE OF RETURN IN EITHER US DOLLAR OR IRAQI DINAR -- WOW -- AND ANNOUNCED THAT THE MATURITY WILL PRODUCE A HIGHER RETURN THAN --MARKET PRICE -- WHOOPOW
Millionday: [via BGG]>> They just told you they are planning for an internationally accepted Dinar. How do you want your return? In USD or Dinar…something is up. …according to banking reference yesterday – (IHHO) he would find it highly unlikely for there to be an international acceptance and trading without a reality rate.
Millionday: SMILE -- GREAT REPORT -- MORE FOUND ON >>> http://ift.tt/1tHIw7s
Millionday: YES MARK -- THE THING IS THAT CBI WILL DETERMINE IF THE LOANS ARE GIVEN OUT AT A NEW VALUE OR NOT -- I PERSONALLY HOPE A NEWLY CALCULATED VALUE
carxpress: MD (or BGG) if the bonds will be in 4th qtr .. will the rate possibly change prior to then?
Millionday: THE DATE OF A CHANGE IN RATE HAS NOT BEEN RELEASED
Millionday: CAR -- IT CAN BE CHANGED AT ANYTIME -- WE DONT KNOW WHEN BUT IT DOES NOT MEAN IT MUST WAIT UNTIL THE FOURTH QUARTER
thomas1: just for the fun it what is your feeling that they may have real rate on these loans
thomas1: just for the heck of it nothing more
Millionday: MY FEELINGS ? -- OH BOY !!!! SO MANY OF THEM LOL
Doodle Brain: Hugs to you MD and thank you for this evening! So they stated that you could either get Dinar or USD at maturity...could this be that the Domestic payouts will be in Dinar, and if you were International you could get USD? (Hope that was a clear question)
Millionday: YES -- THE REASON I CAN SAY YES IS ONE --- THEY STATED THAT IT WILL MATURE AT A HIGHER AMOUNT THAN THE MARKET PRICE -- SO THE BONDS WOULD BE ON THEIR MARKET AT THAT TIME -- HUGE CLUE FOR ME -- WHOOPOW
dale: Just as an opinion would there be any rational reason to give the loans out at the 1166 rate?
Millionday: ACCORDING TO MY LOGIC AND ECONOMICS -- IT WOULD NOT MAKE MUCH SENSE FOR IRAQ OR THE ENTERPRISE ---
AND THEY ALSO MENTIONED CHECKS SO THIS IS THE BANKING SERVICES OPEN AND PRODUCING REVENUES FOR THE STAKE HOLDERS -- HUGE IMO
Millionday: READ EVERY WORD -- WE SEEM TO BE SEEING JULY IN MANY REPORTS AND PLANS -- WHOOPOW
Millionday: Iraqi government will begin in the middle of this month, the month of July the distribution of salaries to the staff of government departments and institutions, excluding the security ministries of it.
According to the leaflet circulated by the Ministry of Finance, it responded to Twilight News, that "in view of the proximity of Eid al-Fitr,
in order to make way for spending units for the disbursement of the salaries of the month of July / 2015, and coincidentally the date of salaries during the holiday, got the approval of the payment of salaries."
Finance and identified the departments and ministries covered by the approval, and the planned schedule for distribution, according to the publication below.
Millionday: MORE DISTRIBUTION OF FUNDS THAT WOULD BE BUDGETED FOR
Millionday: A HUGE ANNOUNCEMENT TODAY AMONG OTHERS WE HAVE SEEN LOL
Millionday: READ EVERY WORD --
Millionday: MP for the Kurdistan Alliance Muhsin al-Sadoun said the oil agreement between Baghdad and Erbil saved Iraq from the economic crisis, as pointed out that Erbil is committed to the oil agreement with Baghdad.
Sadoun said during the "pillar" program that displays on the screen "trend" It's not for the oil agreement between the center and the region to have passed negative repercussions on the economic and financial situation of Iraq,
noting that the Arbil efforts resulted in the export of Kirkuk, 300 000 barrels of oil a day for being secured tanker lines technically and security,
Millionday: NOTE -- ERBIL HAS ANNOUNCED THAT THEY ARE COMMITTED TO THE OIL AGREEMENT MADE -- ANNOUNCED TODAY -- WHOOPOW
Millionday: He added that the ministers of oil in Baghdad and Erbil to reach a final formula on the mechanism of export. And the federal government that seeks to change the mechanism of action in the delivery of financial funds and the process of export from Kurdistan period of one to three months, pointing out that Erbil is committed to the oil agreement with Baghdad,
He said al-Sadoun said the export of oil from the jurisdiction of the provinces, not the federal government according to the Constitution, pointing out that he did not get any development in the field of oil and that Iraq is still importing oil products from abroad.
Millionday: NOTE -- THE CHANGE IS REPORTABLY IN THE EXPORTS AND ITS PROCESS
Millionday: WHOOPOW -- READ IT ALL >>>The Iraqi Council of Ministers, Tuesday 2 December 2014, decided to approve the oil agreement between the federal government and the Kurdistan Regional Government, which provides for delivery of the Kurdistan region of at least 250 000 barrels of oil a day to the federal government for the purpose of export.
The prime minister said in a statement seen by "direction Press" that "the Council of Ministers decided in its meeting held today,
approved the agreement between the federal government and the Kurdistan Regional Government, which was attended by the Prime Minister of the Federal Haider al-Abadi and head of the Kurdistan Regional Government Nechirvan Barzani."
Millionday: NOTE -- APPROVED TODAY AND ATTENDED BY ABADI AND BARZANI -- LOVE IT
Millionday: She added that "the agreement stipulates that the Iraqi oil belongs to all Iraqis and the Kurdistan region to hand over at least 250 000 barrels of oil a day to the federal government for the purpose of export."
She noted that "the agreement includes the export of 300 000 barrels per day by the federal government of the province of Kirkuk fields through the oil pipeline in the province of Kurdistan line."
Millionday: SO AS WE SEE -- THIS WAS A HUGE CHANGE TODAY AND CAME WITH MANY OTHER HUGE ANNOUNCEMENTS BUT -- THIS WAS A HUGE BARRIER FOR IRAQ AND NOW THE OIL AGREEMENT IS AGREED ON FINALLY -- WHOOPOW
awesomedtl: AS IN HCL OR NEW OIL AGREEMENT?!
Millionday: AWESOME THIS IS THE OIL AGREEMENT -- BUT I AM NOT SURE WHAT MORE IS NEEDED FOR THE HCL SO THE EXPORT ISSUE AND PROCESS COULD BE THE HOLDUP ON IT TOO BUT WITHOUT THE HCL THEY HAVE STATED THEY WILL USE THE OIL AGREEMENT IN ITS PLACE
Stash: but haven't they agreed before and Baghdad didn't come thru
Millionday: NOT WITH ABADI IN OFFICE -- NOT THAT I REMEMBER
jtank: agreement can be broken
Millionday: THIS IS NOT JUST TALKS -- THIS IS AN ANNOUNCEMENT OF THE AGREEMENT MADE
Doodle Brain: Here's my non-educated economic challenge with this. We have international contractors working in Iraq right now. Their exchange rate is 1166. So now we are going to sell these bonds both Intern. and Domestic. DB purchases a bond at x Dinar.
Doodle Brain: This bond in 12 months is now worth X +1 Dinar.
Doodle Brain: Iraq says, "Doodles, we can now pay your money back plus the extra in Dinar or USD
Doodle Brain: Doodles says, USD please. So then they take my bond + profit and divide that by 1166 and here is all of Doodles money.
Comments may be made at the end of Part 2 Thank You
Millionday: WHOOPOW -- READ IT ALL >>>The Iraqi Council of Ministers, Tuesday 2 December 2014, decided to approve the oil agreement between the federal government and the Kurdistan Regional Government, which provides for delivery of the Kurdistan region of at least 250 000 barrels of oil a day to the federal government for the purpose of export.
The prime minister said in a statement seen by "direction Press" that "the Council of Ministers decided in its meeting held today,
approved the agreement between the federal government and the Kurdistan Regional Government, which was attended by the Prime Minister of the Federal Haider al-Abadi and head of the Kurdistan Regional Government Nechirvan Barzani."
Millionday: NOTE -- APPROVED TODAY AND ATTENDED BY ABADI AND BARZANI -- LOVE IT
Millionday: She added that "the agreement stipulates that the Iraqi oil belongs to all Iraqis and the Kurdistan region to hand over at least 250 000 barrels of oil a day to the federal government for the purpose of export."
She noted that "the agreement includes the export of 300 000 barrels per day by the federal government of the province of Kirkuk fields through the oil pipeline in the province of Kurdistan line."
Millionday: SO AS WE SEE -- THIS WAS A HUGE CHANGE TODAY AND CAME WITH MANY OTHER HUGE ANNOUNCEMENTS BUT -- THIS WAS A HUGE BARRIER FOR IRAQ AND NOW THE OIL AGREEMENT IS AGREED ON FINALLY -- WHOOPOW
awesomedtl: AS IN HCL OR NEW OIL AGREEMENT?!
Millionday: AWESOME THIS IS THE OIL AGREEMENT -- BUT I AM NOT SURE WHAT MORE IS NEEDED FOR THE HCL SO THE EXPORT ISSUE AND PROCESS COULD BE THE HOLDUP ON IT TOO BUT WITHOUT THE HCL THEY HAVE STATED THEY WILL USE THE OIL AGREEMENT IN ITS PLACE
Stash: but haven't they agreed before and Baghdad didn't come thru
Millionday: NOT WITH ABADI IN OFFICE -- NOT THAT I REMEMBER
jtank: agreement can be broken
Millionday: THIS IS NOT JUST TALKS -- THIS IS AN ANNOUNCEMENT OF THE AGREEMENT MADE
Doodle Brain: Here's my non-educated economic challenge with this. We have international contractors working in Iraq right now. Their exchange rate is 1166. So now we are going to sell these bonds both Intern. and Domestic. DB purchases a bond at x Dinar.
Doodle Brain: This bond in 12 months is now worth X +1 Dinar.
Doodle Brain: Iraq says, "Doodles, we can now pay your money back plus the extra in Dinar or USD
Doodle Brain: Doodles says, USD please. So then they take my bond + profit and divide that by 1166 and here is all of Doodles money.
Comments may be made at the end of Part 2 Thank You
via Dinar Recaps - Our Blog http://ift.tt/1LWHXU6
No comments:
Post a Comment