Don't WAIT!

Wednesday, August 26, 2015

My Ladies and Friends Chat: "Late Tues. PM/ Early Wed. AM

Thanks My Ladies for letting us share from your private chatroom:

Tuesday Night 8-2-15:

MY LADIES: IRAN JOINS THE BOND MARKETS FOR MARCH SELLING ENERGY BONDS IN RIALS AND EUROS DOMESTICALLY AND INTERNATIONALLY.

YOU SEE I BELIEVE WE ARE SEEING ALL OF THE MIDDLE EAST CREATING DEBT IN THE NEW SYSTEM AS OPPOSED TO A SYSTEM THAT IS NEARLY IN SHAMBLES THIS IS ALL MORE POSITIVE MOVEMENT IN THE ARE WE STUDY.

Iran to sell bonds for key energy plans  http://ift.tt/1MQe61j

Iran’s media reported on Tuesday that the country plans to sell bonds worth a total of about $1.7 billion next year in a campaign meant to provide funds for the development of key energy sector projects
The campaign – which received a go-ahead in a meeting of Iran’s High Economy Council (HEC) – will involve selling bonds in rials and euros in domestic and foreign banks. It will start from the next Iranian calendar year (21 March 2016-2017)..

**********

MY LADIES: WELL LOOK WHAT I FOUND AT THE END OF THIS ARTICLE.

 ‘Kuwait summons Iran envoy over gas field’

http://ift.tt/1PMgu7z

Energy officials say Iran has identified nearly 50 oil and gas projects worth $185 billion which it plans to put to tender for development.

The field will be introduced when Iran unveils new oil and gas contracts at a London conference planned for December.

************

MY LADIES: How a Currency Crisis in Iraq Risks Fight Against Islamic State

http://ift.tt/1JYdExv

AW:  It appears that the two authors ( Jack Fairweather and Rinat Gaynullin) are staing that the CBI will be forced to devalue the IQD. However, the CBI is saying "no way, no devaluation"....“The policy now is to meet the demand for dollars,” Waleed Eedi, a director general at the Central Bank of Iraq, said by telephone on Monday. The reserves won’t be depleted because of oil sales and the dinar won’t devalue, he said.Now we wait and see........

MY LADIES:
  AW- IT'S ALL JUST MATH..OTHER EMERGING MARKETS ARE LETTING THEIR PEGS GO DUE TO PRESSURE ON THEM..I DIDN'T THINK IRAQ WAS FEELING THAT PRESSURE YET.

I KNEW THE PRESSURE WOULD BE INTENSE ONCE THEY STARTED TRADING THE DINAR GLOBALLY BUT I DID NOT SEE THIS COMING.

WE HAVE NO CHOICE BUT TO WATCH SO THAT'S WHAT WE'LL DO, BUT I WAS THINKING IRAQ WOULD REACT ON THE OTHER SIDE. NOT NOW.

HUMMM LET'S WATCH ALL THE CURRENCIES A LITTLE CLOSER.

IQD NOVA: How Do You Devalue A Currency That Is Not Tradable?

Dave:
  OH GREAT POINT: THAT HAS AN ARTIFICIAL PROGRAM RATE….MAYBE THE ONLY 1 IN THE WORLD?

MY LADIES:
  WELL NOVA THAT'S THE QUESTION...HOW IS THERE PRESSURE IF IT'S NOT TRADING??

ALL VERY GOOD QUESTIONS, AND WHY DID THE CBI NOT JUST SAY WE DON'T TRADE- WE DON'T WORRY??

AW:  Is it possible that two writers for Bloomburg Business News are ill-informed about what they are writing about?????????   Such as the IQD???

IQD NOVA:
  Why Out Of All The Countries To Talk About Is Bloomberg Talking About Iraq?
Early Wednesday Morning:

PrincessDD: Zebari Kubiš discuss government reforms and cooperation in the face of financial crisis

Search Finance Minister Hoshyar Zebari on Thursday evening, with Jan Kubiš Special Representative of the UN Secretary and Chief of Mission in Iraq, UNAMI cooperation between Iraq and the United Nations in light of the developments experienced by Iraq in the current phase.

According to a ministry statement received by the agency all of Iraq [where] a copy of it, the two sides also discussed "reform steps undertaken by the government and the importance processed in accordance with the constitutional frameworks with an emphasis on the importance of continuing cooperation and coordination between Iraq and the United Nations, to serve the reform steps undertaken by the government, particularly the the fight against corruption. "

On the other hand accept Finance Minister Envoy internationalist procedures to overcome the financial crisis, including the development of cooperation with international financial institutions and in particular with the International Monetary Fund and the World Bank Group and openness to capital markets Alaalmih.anthy

http://ift.tt/1NUgWPW

Princess DD:
That last paragraph is talking about their development and cooperation with international financial institutions and their openness to capital markets. I thought that was interesting since they are moving towards an international tradeable currency.  Looks like they are working on it.

************

[6:21:54 AM] Princess DD:  Iran


Support for Iran deal grows in Congress http://ift.tt/1KkgVpx

Princess DD: Looks like the US is missing out on lots of opportunities in Iran!

European companies beat US to Iran business after nuclear deal reached http://ift.tt/1LxDusc

Princess DD: Shell to pay $2 billion debt to Iran after lifting of sanctions http://ift.tt/1hbB7xO

Princess DD: Foreign oil firms seeking to back to Iran should make joint ventures: Zanganeh  By Mahnaz Abdi   http://ift.tt/1NUgWPX

Princess DD: Sanctions update: deal agreed to lift sanctions on Iran http://ift.tt/1KkgThi

Princess DD: What happens to the Iran deal without U.S. support? http://ift.tt/1NUgWPZ

Princess DD: In a Post-Deal Iran: What Now?  http://ift.tt/1hENJP7

Princess DD: Guest column: Proposed deal with Iran makes sense for U.S. http://ift.tt/1KkgThk


via Dinar Recaps - Our Blog http://ift.tt/1KkgThm

No comments:

Post a Comment