Post From Wealthwatch.world Chat Room 7-26-16
OOTW & News Discussion Part 2 of 2
OOTW: THE LAW I'M REFERRING TO IS THE NATIONAL COMPANIES ACT
OOTW: PLEASE HAVE A LOOK AT THE LINK - WE'RE FINALLY SEEING PROGRESS REGARDING LAWS...THIS THIRD READING PASSED THIS JULY...NOW WE AWAIT THE UPLOAD TO THE GAZETTE
OOTW: HERE ARE SOME OF MY COMMENTS FROM THE THREAD: HOWEVER, I IMPLORE YOU TO READ THE THREAD, IT'S IMPORTANT IMHO
OOTW: SO, WHAT THE INITIAL / HEADER-ARTICLE IS SAYING, IS THAT THIS EXISTING OR "OLD" LAW FROM 1989, NEEDS TO BE UPDATED TO INCORPORATE NEWER REGULATIONS FOR "OUTSIDE OF IRAQ" OR INTERNATIONAL COMPANIES TO PERFORM BUSINESS IN THE PRIVATE SECTOR –
~~~
OOTW & News Discussion Part 2 of 2
OOTW: THE LAW I'M REFERRING TO IS THE NATIONAL COMPANIES ACT
OOTW: PLEASE HAVE A LOOK AT THE LINK - WE'RE FINALLY SEEING PROGRESS REGARDING LAWS...THIS THIRD READING PASSED THIS JULY...NOW WE AWAIT THE UPLOAD TO THE GAZETTE
OOTW: HERE ARE SOME OF MY COMMENTS FROM THE THREAD: HOWEVER, I IMPLORE YOU TO READ THE THREAD, IT'S IMPORTANT IMHO
OOTW: SO, WHAT THE INITIAL / HEADER-ARTICLE IS SAYING, IS THAT THIS EXISTING OR "OLD" LAW FROM 1989, NEEDS TO BE UPDATED TO INCORPORATE NEWER REGULATIONS FOR "OUTSIDE OF IRAQ" OR INTERNATIONAL COMPANIES TO PERFORM BUSINESS IN THE PRIVATE SECTOR –
~~~
YOU WILL SEE ABOVE, I POSTED THE "OUTLINE" OF THIS NEWLY PASSED AMENDMENT FOR THIS LAW FROM THE PARLIAMENT SITE...
UNTIL THIS PASSED AMENDMENT IS UPLOADED - APPENDED INTO THE EXISTING LAW, WE WILL NOT BE ABLE TO SEE, WHAT, IF ANY, ADDRESSING OF THESE REQUIREMENTS ARE MET...WE WAIT.
BUT....AN AMENDMENT HAS BEEN PASSED, AND AS THE VERBIAGE IN THE OUTLINE FOR THIS AMENDMENT STATES, IT'S INTENDED FOR INTERNATIONAL AND INTER-ARAB COUNTRIES.
HOPING THIS AMENDMENT IS WHAT THE ARTICLE STATES IS NEEDED. WE'LL SEE. AND....WE'LL SEE IF THIS ARTICLE IS TRUE OR NOT, OR IS JUST ANOTHER "PRESS OPINION". I FEEL VERY GOOD ABOUT THIS.
Donnie: SWEET " Third, the company's right to participate with the Iraqi, Arab and foreign companies sober for the implementation of the objectives of the relevant company within Iraq "
OOTW: EXACTLY DONNIE AND TY SO VERY MUCH
OOTW: RECAPS PLEASE USE THIS ONE..LOL
OOTW: SO, WHAT THE INITIAL / HEADER-ARTICLE IS SAYING, IS THAT THIS EXISTING OR "OLD" LAW FROM 1989, NEEDS TO BE UPDATED TO INCORPORATE NEWER REGULATIONS FOR "OUTSIDE OF IRAQ" OR INTERNATIONAL COMPANIES TO PERFORM BUSINESS IN IRAQ'S PRIVATE SECTOR –
YOU WILL SEE ABOVE, I POSTED THE "OUTLINE" OF THIS NEWLY PASSED AMENDMENT FOR THIS LAW FROM THE PARLIAMENT SITE...
UNTIL THIS PASSED AMENDMENT IS UPLOADED - APPENDED INTO THE EXISTING LAW, WE WILL NOT BE ABLE TO SEE, WHAT, IF ANY, ADDRESSING OF THESE REQUIREMENTS ARE MET...WE WAIT.
BUT....AN AMENDMENT HAS BEEN PASSED, AND AS THE VERBIAGE IN THE OUTLINE FOR THIS AMENDMENT STATES, IT'S INTENDED TO REGULATE INTERNATIONAL AND INTER-ARAB COMPANY'S BUSINESS DEALINGS IN IRAQ - THE AMENDMENT HAS BEEN PASSED.
HOPING THIS AMENDMENT IS WHAT THE ARTICLE STATES IS NEEDED. WE'LL SEE. AND....WE'LL SEE IF THIS ARTICLE IS TRUE OR NOT, OR IS JUST ANOTHER "PRESS OPINION".
WE NEEDED TO SEE THIS TO LEND FURTHER LEGISLATIVE SUPPORT TO COMPANIES DOING BUSINESS IN IRAQ...WONDERFUL NEWS. I FEEL VERY GOOD ABOUT THIS.
OOTW: THANK YOU
sczin11: ‹@OOTW› TOO FUNNY GIRL
sczin11: :)
OOTW: THANKS RECAPS..LOVE YA
Donnie: BRICS Bank’s 1st loan to be issued in yuan
Donnie: The BRICS New Development Bank will name its first investment in April next year and the first loan will be issued in yuan not dollar, top officials confirmed.
The first president of the Bank, Kundapur Vaman Kamath said in Shanghai that the new lender will work closely with the China-led Asian Infrastructure Investment Bank.
“We have partnerships that we will forge with the AIIB, the national loan banks and indeed, the exiting market loan banks,” he said.
The NDB with about $50 billion in capital to invest in public infrastructure will compete with institutions where the US has considerably more influence—organizations such as the World Bank and the International Monetary Fund.
Kamath, who has been nominated by India to head the bank, also said the first investment will be made in the Chinese currency.
This would aid China’s attempts to diminish the dollar’s dominance in global trade and finance. China is also pushing for the International Monetary Fund to endorse the Chinese yuan as a global reserve currency alongside the dollar and euro.
The bank has an initial authorized capital of $100 billion. Its initial subscribed capital of $50 billion will be equally shared among the founding members.
The paid-in reserves are planned to be denominated in each country’s currency. The Chinese renmimbi is also expected to replace the dollar at the BRICS Bank, especially for projects in Asia.
As agreed by the five countries, the first chair of the board of governors has been nominated by Russia, the first chair of the board of directors by Brazil, and the first president by India.
An African regional center of the bank will be based in Johannesburg, South Africa. BRICS leaders Vladimir Putin, Xi Jinping, Jacob Zuma, Narendra Modi and Dilma Rousseff met earlier this month in the Russian city of Ufa for the 7th BRICS Summit.
The BRICS central bank governors in Ufa also signed an operating agreement on the $100 billion BRICS monetary fund that will come into force on 30 July.
Donnie: http://ift.tt/1OvkOH0...
http://ift.tt/1Mvt1xg
OOTW: THANKS DONNIE POSTING NOW
[09:18:09 PM] OOTW: FROM KEYWORDS: "Revision of the state budget structure and presentation" wealthwatch.world/showthr... http://ift.tt/1OvkOH2
OOTW: KEYWORDS OUTLINES THE BUDGET MONIES AND HOW THEY'LL BE SPENT IN ACCORD WITH THE 2015 BUDGET - I'VE NEVER SEEN A PRESS RELEASE LIKE THIS BEFORE FROM THE CBI - THEY MEAN BUSINESS
BOBBY: So....... would you say that the ball is rolling, so to speak, now that there back from break?
OOTW: ABSOLUTELY BOBBY
OOTW: I REALLY NEED TO ANALYZE THIS PRESS RELEASE FROM THE CBI
OOTW: IT'LL TAKE SOME TIME
Dianne777: ‹@OOTW› rv SOON?
Dianne777: lol
OOTW: LMAO
OOTW: OH, YOU GOT ME DIANNE
Dianne777: ‹@OOTW› i dont understand much, but business, no monkey biz now lol
OOTW: LOL
BOBBY: next few weeks should be interesting. .. one way or the other
BOBBY: OOTW... have a question when you have time please
OOTW: SURE HON
OOTW: SHOOT
OOTW: LOL
BOBBY: in your opinion. .... what do you see/ believe has to be done for an rv to even have a chance of bcoming reality?
OOTW: MY PERSONAL FEELING IS , THE CLOSER WE GET TO 2016 AND IRAQ'S WTO CONSULTATION, THE BETTER WE'LL BE LIKELY TO SEE SOME KIND OF MOVEMENT IN THE VALUE
OOTW: BUT..
OOTW: THEY'RE UNDER A LOT PRESSURE
OOTW: AND MORE AND MORE DA'ASH IS ELIMINATED FROM THE COUNTRY, WITH EACH PASSING DAY
OOTW: *ARE
OOTW: REMEMBER THAT FACTA LEGISLATION HAS TO BE PASSED BY SEPT 2015
BOBBY: what about laws, amnesty, etc.
OOTW: AND THE CBI IS WORKING NOW TO HIRE SOMEONE TO INSTALL AND MANAGE THEIR XBRL SYSTEM - BUSINESS BANKING CODING/LANGUAGE FOR TRANSACTIONS
OOTW: THIS MAKES THEM "VISIBLE" - TO HELP SHOW THEY'RE ADDRESSING CORRUPTION IN TRANSACTIONS..THIS IS WHAT THE IMF WANTS
OOTW: ALONG WITH SWIFT
OOTW: WHICH THEY ALREADY USE
OOTW: THERE'S MANY LAWS GOING..RIGHT NOW, I'M PAYING PARTICULAR ATTENTION TO THE ISLAMIC BANKING LAWS
OOTW: FOR INDIVIDUALS AND THE GOVERNMENT
OOTW: AND BUSINESSES
BOBBY: in your thoughts,,, whats lacking?
OOTW: THEY HAVE A WAYS TO GO, BUT REMEMBER WE'RE ONLY FOUR MONTHS AWAY FROM THE BEGINNING OF THE YEAR
OOTW: WELL THAT'S A LONG LIST BOBBY - BUT THEY ARE ADDRESSING THESE...DO I THINK THEY HAVE TO HAVE "SOCIAL JUSTICE" LAWS IN ORDER TO CHANGE THE ECONOMY?
IT'D BE WONDERFUL, BUT THEY CAN PASS LAWS TO SUPPORT THE ECONOMY WITHOUT THEM
OOTW: REMEMBER JOBOURI WAS GIVEN THE GREEN LIGHT BY THE PRESIDENT, MASSUM, TO PASS LAWS AS HE NEEDS TO
OOTW: THEY PASSED THE FIRST READING OF THE FEDERAL REVENUE SHARING ACT WITH ONLY 175 MP'S IN ATTENDANCE
OOTW: THIS LAW NEEDS TO BE COMPLETED TO ENSURE PAYMENT DISTRIBUTION TO THE PROVINCES, INCLUDING THE KURDS AND PARTNERS WITH THE HCL
BOBBY: so I hope i am not reaching here, you believe by the end of the year?
OOTW: WE ARE MAKING VERY STRONG PROGRESS
BOBBY: I am trying to look at this from a different perspective
OOTW: I BELIEVE BETWEEN JANUARY AND APRIL OF 2016 - OF COURSE, THIS DEPENDS ON THE TARIFF'S GOING INTO EFFECT,
AND HOW CAN THEY ADD THAT FINANCIAL BURDEN TO PEOPLE WITHOUT GIVING THEM PURCHASING POWER...
SO WE SAW A VIDEO PRESS RELEASE A FEW MONTHS AGO, INDICATING THAT THE 50K NOTE WAS GOING TO BE WORTH 100.00 THAT'S EFFECTIVELY DOUBLE THE VALUE OF THE DINAR, CURRENTLY
OOTW: THEY COULD ACTUALLY DO THAT, TO SHOW THE WTO THEY'RE ADDING PURCHASING POWER, AND THEN AS THEY NEAR THEIR MEETING AND THE PRIVATE SECTOR GETS FURTHER ALONG, WE COULD SEE A NOTICEABLE INCREASE AS THEY NEAR THEIR MEETING WITH THE TWO
OOTW: WTO
OOTW: FOR ME, THIS IS A WORSE CASE SCENARIO
OOTW: BUT I PREFER TO PREPARE FOR THE WORST AND HOPE FOR THE BEST
OOTW: EVERYONE KNOWS I'M NOT A PUMPER
BOBBY: thank you OOTW. ...
OOTW: THERE ARE FAULTS WITH MY INTERPRETATION
OOTW: FOR EXAMPLE
OOTW: IF THEY CAME OUT VERY LOW...DOUBLE THE VALUE OF THE DINAR...I WOULD THINK SPECULATORS WOULD RUN RAMPANT, SCOOPING UP DINAR
OOTW: CURRENTLY, IRAQ IS ON A MANAGED REGIME
OOTW: THEY COULD COME OUT LOW AND THEN IT COULD BUMP UP NOTICEABLY IN A SHORT AMOUNT OF TIME
OOTW: THERE ARE MANY OPTIONS
BOBBY: so do you subscribe to the float theory?
OOTW: EVERY CURRENCY FLOATS
OOTW: THERE ARE MANY "REGIME'S" UNDER WHICH A CURRENCY RISES AND FALLS IN VALUE
OOTW: DO I THINK THAT WE'RE SOLELY WATCHING FOR THE PRIVATE SECTOR TO GET KICKING TO DETERMINE A CHANGE IN VALUE TO THE DINAR?
OOTW: NO..THERE ARE MANY FACTORS SUPPORTING THE WEALTH OF A CURRENCY
OOTW: BUT INVESTORS IN THE COUNTRY WANT TO FEEL GOOD ABOUT THEIR INVESTMENT...SO FOR NOW, I'M LOOKING FOR PRIVATE SECTOR DEVELOPMENT AND FINANCIAL LAWS
OOTW: WE'RE SEEING THEM
OOTW: I ENCOURAGE YOU TO GO TO THE FORUM AND LOOK AT KEYWORDS PRESS RELEASE AS TO THE FUNDS DISTRIBUTIONS AND AIMS OF THE CBI IN BOOSTING THE ECONOMY
OOTW: AS WELL AS THE POST ON THE NATIONAL COMPANIES ACT
BOBBY: so would you think the value would increase close to the USD value?
Dianne777: so when is their meeting with WTO, I missed that part?
UNTIL THIS PASSED AMENDMENT IS UPLOADED - APPENDED INTO THE EXISTING LAW, WE WILL NOT BE ABLE TO SEE, WHAT, IF ANY, ADDRESSING OF THESE REQUIREMENTS ARE MET...WE WAIT.
BUT....AN AMENDMENT HAS BEEN PASSED, AND AS THE VERBIAGE IN THE OUTLINE FOR THIS AMENDMENT STATES, IT'S INTENDED FOR INTERNATIONAL AND INTER-ARAB COUNTRIES.
HOPING THIS AMENDMENT IS WHAT THE ARTICLE STATES IS NEEDED. WE'LL SEE. AND....WE'LL SEE IF THIS ARTICLE IS TRUE OR NOT, OR IS JUST ANOTHER "PRESS OPINION". I FEEL VERY GOOD ABOUT THIS.
Donnie: SWEET " Third, the company's right to participate with the Iraqi, Arab and foreign companies sober for the implementation of the objectives of the relevant company within Iraq "
OOTW: EXACTLY DONNIE AND TY SO VERY MUCH
OOTW: RECAPS PLEASE USE THIS ONE..LOL
OOTW: SO, WHAT THE INITIAL / HEADER-ARTICLE IS SAYING, IS THAT THIS EXISTING OR "OLD" LAW FROM 1989, NEEDS TO BE UPDATED TO INCORPORATE NEWER REGULATIONS FOR "OUTSIDE OF IRAQ" OR INTERNATIONAL COMPANIES TO PERFORM BUSINESS IN IRAQ'S PRIVATE SECTOR –
YOU WILL SEE ABOVE, I POSTED THE "OUTLINE" OF THIS NEWLY PASSED AMENDMENT FOR THIS LAW FROM THE PARLIAMENT SITE...
UNTIL THIS PASSED AMENDMENT IS UPLOADED - APPENDED INTO THE EXISTING LAW, WE WILL NOT BE ABLE TO SEE, WHAT, IF ANY, ADDRESSING OF THESE REQUIREMENTS ARE MET...WE WAIT.
BUT....AN AMENDMENT HAS BEEN PASSED, AND AS THE VERBIAGE IN THE OUTLINE FOR THIS AMENDMENT STATES, IT'S INTENDED TO REGULATE INTERNATIONAL AND INTER-ARAB COMPANY'S BUSINESS DEALINGS IN IRAQ - THE AMENDMENT HAS BEEN PASSED.
HOPING THIS AMENDMENT IS WHAT THE ARTICLE STATES IS NEEDED. WE'LL SEE. AND....WE'LL SEE IF THIS ARTICLE IS TRUE OR NOT, OR IS JUST ANOTHER "PRESS OPINION".
WE NEEDED TO SEE THIS TO LEND FURTHER LEGISLATIVE SUPPORT TO COMPANIES DOING BUSINESS IN IRAQ...WONDERFUL NEWS. I FEEL VERY GOOD ABOUT THIS.
OOTW: THANK YOU
sczin11: ‹@OOTW› TOO FUNNY GIRL
sczin11: :)
OOTW: THANKS RECAPS..LOVE YA
Donnie: BRICS Bank’s 1st loan to be issued in yuan
Donnie: The BRICS New Development Bank will name its first investment in April next year and the first loan will be issued in yuan not dollar, top officials confirmed.
The first president of the Bank, Kundapur Vaman Kamath said in Shanghai that the new lender will work closely with the China-led Asian Infrastructure Investment Bank.
“We have partnerships that we will forge with the AIIB, the national loan banks and indeed, the exiting market loan banks,” he said.
The NDB with about $50 billion in capital to invest in public infrastructure will compete with institutions where the US has considerably more influence—organizations such as the World Bank and the International Monetary Fund.
Kamath, who has been nominated by India to head the bank, also said the first investment will be made in the Chinese currency.
This would aid China’s attempts to diminish the dollar’s dominance in global trade and finance. China is also pushing for the International Monetary Fund to endorse the Chinese yuan as a global reserve currency alongside the dollar and euro.
The bank has an initial authorized capital of $100 billion. Its initial subscribed capital of $50 billion will be equally shared among the founding members.
The paid-in reserves are planned to be denominated in each country’s currency. The Chinese renmimbi is also expected to replace the dollar at the BRICS Bank, especially for projects in Asia.
As agreed by the five countries, the first chair of the board of governors has been nominated by Russia, the first chair of the board of directors by Brazil, and the first president by India.
An African regional center of the bank will be based in Johannesburg, South Africa. BRICS leaders Vladimir Putin, Xi Jinping, Jacob Zuma, Narendra Modi and Dilma Rousseff met earlier this month in the Russian city of Ufa for the 7th BRICS Summit.
The BRICS central bank governors in Ufa also signed an operating agreement on the $100 billion BRICS monetary fund that will come into force on 30 July.
Donnie: http://ift.tt/1OvkOH0...
http://ift.tt/1Mvt1xg
OOTW: THANKS DONNIE POSTING NOW
[09:18:09 PM] OOTW: FROM KEYWORDS: "Revision of the state budget structure and presentation" wealthwatch.world/showthr... http://ift.tt/1OvkOH2
OOTW: KEYWORDS OUTLINES THE BUDGET MONIES AND HOW THEY'LL BE SPENT IN ACCORD WITH THE 2015 BUDGET - I'VE NEVER SEEN A PRESS RELEASE LIKE THIS BEFORE FROM THE CBI - THEY MEAN BUSINESS
BOBBY: So....... would you say that the ball is rolling, so to speak, now that there back from break?
OOTW: ABSOLUTELY BOBBY
OOTW: I REALLY NEED TO ANALYZE THIS PRESS RELEASE FROM THE CBI
OOTW: IT'LL TAKE SOME TIME
Dianne777: ‹@OOTW› rv SOON?
Dianne777: lol
OOTW: LMAO
OOTW: OH, YOU GOT ME DIANNE
Dianne777: ‹@OOTW› i dont understand much, but business, no monkey biz now lol
OOTW: LOL
BOBBY: next few weeks should be interesting. .. one way or the other
BOBBY: OOTW... have a question when you have time please
OOTW: SURE HON
OOTW: SHOOT
OOTW: LOL
BOBBY: in your opinion. .... what do you see/ believe has to be done for an rv to even have a chance of bcoming reality?
OOTW: MY PERSONAL FEELING IS , THE CLOSER WE GET TO 2016 AND IRAQ'S WTO CONSULTATION, THE BETTER WE'LL BE LIKELY TO SEE SOME KIND OF MOVEMENT IN THE VALUE
OOTW: BUT..
OOTW: THEY'RE UNDER A LOT PRESSURE
OOTW: AND MORE AND MORE DA'ASH IS ELIMINATED FROM THE COUNTRY, WITH EACH PASSING DAY
OOTW: *ARE
OOTW: REMEMBER THAT FACTA LEGISLATION HAS TO BE PASSED BY SEPT 2015
BOBBY: what about laws, amnesty, etc.
OOTW: AND THE CBI IS WORKING NOW TO HIRE SOMEONE TO INSTALL AND MANAGE THEIR XBRL SYSTEM - BUSINESS BANKING CODING/LANGUAGE FOR TRANSACTIONS
OOTW: THIS MAKES THEM "VISIBLE" - TO HELP SHOW THEY'RE ADDRESSING CORRUPTION IN TRANSACTIONS..THIS IS WHAT THE IMF WANTS
OOTW: ALONG WITH SWIFT
OOTW: WHICH THEY ALREADY USE
OOTW: THERE'S MANY LAWS GOING..RIGHT NOW, I'M PAYING PARTICULAR ATTENTION TO THE ISLAMIC BANKING LAWS
OOTW: FOR INDIVIDUALS AND THE GOVERNMENT
OOTW: AND BUSINESSES
BOBBY: in your thoughts,,, whats lacking?
OOTW: THEY HAVE A WAYS TO GO, BUT REMEMBER WE'RE ONLY FOUR MONTHS AWAY FROM THE BEGINNING OF THE YEAR
OOTW: WELL THAT'S A LONG LIST BOBBY - BUT THEY ARE ADDRESSING THESE...DO I THINK THEY HAVE TO HAVE "SOCIAL JUSTICE" LAWS IN ORDER TO CHANGE THE ECONOMY?
IT'D BE WONDERFUL, BUT THEY CAN PASS LAWS TO SUPPORT THE ECONOMY WITHOUT THEM
OOTW: REMEMBER JOBOURI WAS GIVEN THE GREEN LIGHT BY THE PRESIDENT, MASSUM, TO PASS LAWS AS HE NEEDS TO
OOTW: THEY PASSED THE FIRST READING OF THE FEDERAL REVENUE SHARING ACT WITH ONLY 175 MP'S IN ATTENDANCE
OOTW: THIS LAW NEEDS TO BE COMPLETED TO ENSURE PAYMENT DISTRIBUTION TO THE PROVINCES, INCLUDING THE KURDS AND PARTNERS WITH THE HCL
BOBBY: so I hope i am not reaching here, you believe by the end of the year?
OOTW: WE ARE MAKING VERY STRONG PROGRESS
BOBBY: I am trying to look at this from a different perspective
OOTW: I BELIEVE BETWEEN JANUARY AND APRIL OF 2016 - OF COURSE, THIS DEPENDS ON THE TARIFF'S GOING INTO EFFECT,
AND HOW CAN THEY ADD THAT FINANCIAL BURDEN TO PEOPLE WITHOUT GIVING THEM PURCHASING POWER...
SO WE SAW A VIDEO PRESS RELEASE A FEW MONTHS AGO, INDICATING THAT THE 50K NOTE WAS GOING TO BE WORTH 100.00 THAT'S EFFECTIVELY DOUBLE THE VALUE OF THE DINAR, CURRENTLY
OOTW: THEY COULD ACTUALLY DO THAT, TO SHOW THE WTO THEY'RE ADDING PURCHASING POWER, AND THEN AS THEY NEAR THEIR MEETING AND THE PRIVATE SECTOR GETS FURTHER ALONG, WE COULD SEE A NOTICEABLE INCREASE AS THEY NEAR THEIR MEETING WITH THE TWO
OOTW: WTO
OOTW: FOR ME, THIS IS A WORSE CASE SCENARIO
OOTW: BUT I PREFER TO PREPARE FOR THE WORST AND HOPE FOR THE BEST
OOTW: EVERYONE KNOWS I'M NOT A PUMPER
BOBBY: thank you OOTW. ...
OOTW: THERE ARE FAULTS WITH MY INTERPRETATION
OOTW: FOR EXAMPLE
OOTW: IF THEY CAME OUT VERY LOW...DOUBLE THE VALUE OF THE DINAR...I WOULD THINK SPECULATORS WOULD RUN RAMPANT, SCOOPING UP DINAR
OOTW: CURRENTLY, IRAQ IS ON A MANAGED REGIME
OOTW: THEY COULD COME OUT LOW AND THEN IT COULD BUMP UP NOTICEABLY IN A SHORT AMOUNT OF TIME
OOTW: THERE ARE MANY OPTIONS
BOBBY: so do you subscribe to the float theory?
OOTW: EVERY CURRENCY FLOATS
OOTW: THERE ARE MANY "REGIME'S" UNDER WHICH A CURRENCY RISES AND FALLS IN VALUE
OOTW: DO I THINK THAT WE'RE SOLELY WATCHING FOR THE PRIVATE SECTOR TO GET KICKING TO DETERMINE A CHANGE IN VALUE TO THE DINAR?
OOTW: NO..THERE ARE MANY FACTORS SUPPORTING THE WEALTH OF A CURRENCY
OOTW: BUT INVESTORS IN THE COUNTRY WANT TO FEEL GOOD ABOUT THEIR INVESTMENT...SO FOR NOW, I'M LOOKING FOR PRIVATE SECTOR DEVELOPMENT AND FINANCIAL LAWS
OOTW: WE'RE SEEING THEM
OOTW: I ENCOURAGE YOU TO GO TO THE FORUM AND LOOK AT KEYWORDS PRESS RELEASE AS TO THE FUNDS DISTRIBUTIONS AND AIMS OF THE CBI IN BOOSTING THE ECONOMY
OOTW: AS WELL AS THE POST ON THE NATIONAL COMPANIES ACT
BOBBY: so would you think the value would increase close to the USD value?
Dianne777: so when is their meeting with WTO, I missed that part?
OOTW: KEYWORDS' STATEMENT IS HIS "LOOK INVESTORS, HERE'S OR "PROSPECTUS" - WE'RE GETTING OUR ACT TOGETHER..SEE HOW WE ACCOUNT FOR SPENDING"
OOTW: LAST I LOOKED, IT WAS LATE SPRING 2016
OOTW: SORRY, I CAN'T RECALL THE ACTUAL DATE RIGHT NOW
OOTW: AS WE NEAR THAT DATE, I'LL POST
BOBBY: this will be outrageous when this changes
OOTW: IT'S ALL RELATIVE
OOTW: LOL
OOTW: A DOUBLING IN VALUE WOULD BE SOMETHING ANYWAY
Dianne777: ty doll
Dianne777: ty doll
OOTW: I TRULY HOPE FOR MORE AND BECAUSE IRAQ'S GDP VS NATIONAL DEBT IS AT 30% - (NOT COMPLETELY BAD) THIS IS A GOOD INDICATOR
OOTW: HECK, THE US'S GDP VS NATIONAL DEBT IS AT 101% OR THEREABOUTS
OOTW: SO IRAQ HAS BETTER STANDING THAN WE DO
OOTW: YW DIANNE
*****************************
HELLO, EVERYONE,
HERE'S JUST A FEW HIGHLIGHTS FROM TODAY'S NEWS:
HAS THE CBI "OPENED" THE BUDGET? A MISSION STATEMENT FROM KEYWORDS RE THE 2015 BUDGET -
http://ift.tt/1OvkOH2
THE AMENDMENT ALLOWING INTERNATIONAL COMPANIES TO TRANSACT BUSINESS IN IRAQ - IT'S PASSED!
http://ift.tt/1MvsZFJ
NATIONAL RECONCILIATION! MORE IMPORTANT LAWS COMING!
http://ift.tt/1CZDle7
THERE'S MANY MORE INTRIGUING ARTICLES IN THE FORUMS.
I HOPE YOUR WEEKEND WAS GREAT, AND YOUR COMING WEEK IS EVEN BETTER!
HUGS, OOTW
OOTW: LAST I LOOKED, IT WAS LATE SPRING 2016
OOTW: SORRY, I CAN'T RECALL THE ACTUAL DATE RIGHT NOW
OOTW: AS WE NEAR THAT DATE, I'LL POST
BOBBY: this will be outrageous when this changes
OOTW: IT'S ALL RELATIVE
OOTW: LOL
OOTW: A DOUBLING IN VALUE WOULD BE SOMETHING ANYWAY
Dianne777: ty doll
Dianne777: ty doll
OOTW: I TRULY HOPE FOR MORE AND BECAUSE IRAQ'S GDP VS NATIONAL DEBT IS AT 30% - (NOT COMPLETELY BAD) THIS IS A GOOD INDICATOR
OOTW: HECK, THE US'S GDP VS NATIONAL DEBT IS AT 101% OR THEREABOUTS
OOTW: SO IRAQ HAS BETTER STANDING THAN WE DO
OOTW: YW DIANNE
*****************************
HELLO, EVERYONE,
HERE'S JUST A FEW HIGHLIGHTS FROM TODAY'S NEWS:
HAS THE CBI "OPENED" THE BUDGET? A MISSION STATEMENT FROM KEYWORDS RE THE 2015 BUDGET -
http://ift.tt/1OvkOH2
THE AMENDMENT ALLOWING INTERNATIONAL COMPANIES TO TRANSACT BUSINESS IN IRAQ - IT'S PASSED!
http://ift.tt/1MvsZFJ
NATIONAL RECONCILIATION! MORE IMPORTANT LAWS COMING!
http://ift.tt/1CZDle7
THERE'S MANY MORE INTRIGUING ARTICLES IN THE FORUMS.
I HOPE YOUR WEEKEND WAS GREAT, AND YOUR COMING WEEK IS EVEN BETTER!
HUGS, OOTW
via Dinar Recaps - Our Blog http://ift.tt/1OvkOGW
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