Post From Dinar Updates 1-26-16
Excerpts & Highlights
Dinar Updates Member Chat 1-26-16 Part 1 of 2
cookie says():HUGE GROUNDSWELL FOR "COUP" OF OPEC NATIONS TO CUT PRODUCTION..INCLUDING IRAQ...TO ADDRESS MARKET INVENTORIES...PRICING...
larrykn says():Iraqi Dinar Currency to be Powerful to Enter in the Global Currency Markets
Read More :http://ift.tt/1PSMvce This looks interesting
http://ift.tt/1PSMsNu
larrykn says():wow rcookie I was asking you the other day about why won't they cut the oil output to raise the price of oil and now this article comes out
msdiva says():any truth to Iraq has 90 days prior to June to have an international tradeable currency
jtank says():Rcookie- I think w the prices dropping the other countries will fall in line and listen to OPEC
jtank says():needs to have some sort of % for sales allocated to each
rcookie says to jtank():THEY DONT HAVE A CHOICE......
rcookie says to larrykn():BROUGHT THAT IN LAST NIGHT....
larrykn says():rcookie I like the way they think :)
~~~
Excerpts & Highlights
Dinar Updates Member Chat 1-26-16 Part 1 of 2
cookie says():HUGE GROUNDSWELL FOR "COUP" OF OPEC NATIONS TO CUT PRODUCTION..INCLUDING IRAQ...TO ADDRESS MARKET INVENTORIES...PRICING...
larrykn says():Iraqi Dinar Currency to be Powerful to Enter in the Global Currency Markets
Read More :http://ift.tt/1PSMvce This looks interesting
http://ift.tt/1PSMsNu
larrykn says():wow rcookie I was asking you the other day about why won't they cut the oil output to raise the price of oil and now this article comes out
msdiva says():any truth to Iraq has 90 days prior to June to have an international tradeable currency
jtank says():Rcookie- I think w the prices dropping the other countries will fall in line and listen to OPEC
jtank says():needs to have some sort of % for sales allocated to each
rcookie says to jtank():THEY DONT HAVE A CHOICE......
rcookie says to larrykn():BROUGHT THAT IN LAST NIGHT....
larrykn says():rcookie I like the way they think :)
~~~
rcookie says to larrykn():AND HERES THE THING....THAT REPORT AND STATEMENTS ARE FROM STOCK MARKET ECONOMIST OSAMA MEHMOUD...WHO HAS BEEN VERY VOCAL & POSITIVE IN LAST COUPLE MONTHS....
rcookie says():HERE IS AN EAMPLE OF SOME OF HIS OTHER COMMENTS... FROM THE 19TH...
rcookie says(): 1/19/2016 0:00 BAGHDAD Hussein al-Tamimi Tgb stressed global stock representative in Iraq Osama Mahmoud importance of unifying laws and legislation governing economic action,
pointing to the importance of linking the Iraqi dinar to the global economy and thus achieve a monetary value to him in front of the world's currencies, which in turn will give the power of the economic process within the country.
He said in an interview «morning»: that the Iraqi economy at the current stage needs to be clearly defined, pointing out that the laws relating to the economic aspect is still pursuing regulations socialist formula in the economic management of the sector, while economic and trade process pursues an open economy approach or the so-called (the market economy)
rcookie says():He noted that this duplication of inevitably the economic file management will produce an economy is uncertain, Dhi different results,
and here you must know that all the major industrialized nations rely open market that adopted in the production processes and import and export operations theory, and therefore, the state of commercial exchange between the countries process It must be built on a unified economic system.
Mahmoud said, an example of the reality of the Iraqi economy, it continues to rely on letters of guarantee granted to the traders to complete the import of goods operations, and this means limited to Iraqi criticism within the banks,
and then prevent the spread of the Iraqi dinar in international markets, and the result was to weaken the value of the dinar and the inability to use it outside the borders of Iraq, noting the importance of the introduction of the Iraqi dinar to global markets.
rcookie says():He continued by saying that the most important results of the unification of laws with economic applications in a market economy theory is to link the Iraqi dinar to the global economy and thus achieve the monetary value of the dinar against the global currency This in turn will give the power of the economic process in Iraq.
He said that the entry of the Iraqi dinar investment and thus can any investor to keep the Iraqi dinar as an investment in the currency market, there is no harm in raising the ceiling of printing the local currency as long as there are cash lid covers the domestic currency trading volume in global markets,
also contributes to reduce hard currency emerging from Country, where traders will be able to import goods in Iraqi dinars, as well as an end to the black market phenomenon the fact that traders do not need to buy hard currency to finance their business operations.
rcookie says(): Mahmoud said that linking the Iraqi dinar to the global economy leads to obviate the need for an auction of hard currency, which will determine the dinar exchange rate universally Iraqi against a basket of world currencies, helping to rewrite the business model of the private banks,
instead of banks reliance on letters of guarantee and daily quota of hard currency given to it by the central bank on which the banks in achieving their profits, the introduction of banks investment as a project In the major internal and external business processes to take an active role in the country's economy in the
rcookie says():YOU GUYS REMEBER THAT FROM 19TH.......
larrykn says():no but I like it
rcookie says():DID EVERYONE PASS OUT...
LLN65 says():I like this linking the Iraqi dinar to the global economy!! Thank you!! (F)
subgirl says to rcookie():I like it too! :) WOW!
rcookie says():READ THE 2 STATEMENTS FROM HIM BACK TO BACK....WOW!!!!
Woodywoodpecker says():just do it
larrykn says():I get to wonder if they want to comeout strong with their currency
rcookie says():THAT IS IRAQS LEAD STOCK MARKET ECONOMIST/STRATEGIST...
rcookie says():America uses the Kurdistan region to overcome its financial crisis
America uses the Kurdistan region to overcome its financial crisis
26-01-2016 01:00 PMAre free -
Iraq announced the Kurdistan Regional Government, for its agreement with the United States to send experts economy, in order to help the region to prepare plans to overcome the financial crisis that swept.
The agreement between the two sides during a government meeting with a delegation from the US embassy in Iraq in the presence of Ambassador Stuart Jones, during which they discussed the financial crisis experienced by the region, which caused the deterioration of the economy after the recovery phase lasted for the period between 2007 and 2013, according to a statement issued by the Government of the Territory yesterday.
Read More :http://ift.tt/1PEp7oP
http://ift.tt/1PSMsNx
rcookie says():The statement said that cutting the share of the Kurdistan region of Iraq's general budget by the central government in Baghdad, and the war against al-Daash and the resort of huge numbers of refugees and displaced persons to the region and the decline in oil prices caused the economic crisis.
And trying Government of the Territory, home to 5.5 million people, reduce spending to save money, but the fiscal deficit is still large. The government paid a monthly salary of about 1.4 million of its citizens among employees in service and retired, which cost the government treasury $ 730 million a month, while the government revenue of less than $ 500 million a month.
KRG seeks to persuade the United States financed its war against Daash, so that he can provide the money spent on the war in order to pay civil servants' salaries sectors.
The government announced last week that it suffered two billion dollars as expenses for the war in the period from August / August 2014 until the same
rcookie says():system, in order to reduce the multiplicity of salary per employee.
http://translate.googleusercontent.c...l5vymVC8fni07Q
http://ift.tt/1PEp7F5
Read More :http://ift.tt/1PEp7oP
http://ift.tt/1PSMsNx
larrykn says():5.5 million people and the govenment only put out 1.4 million dollars? no wonder the people are getting restless shheeee
clay01 says():No that was 730 million to 1.4 million people
rcookie says():ABADI BASICALLY SPANKED THE ARAB COMMUNITY FOR ITS FAILURE TO STEP UP AMIDST THE HUMANITARIAN AND ISIS CRISIS...WITH EXCEPTION OF KUWAIT...IN HIS STATEMENTS AND INTERVIEWS IN DAVOS.....
clay01 says to larrykn():Had to read it a couple of times myselt, lol
larrykn says(8:00 AM):thats what I get for speed reading :D
clay01 says to larrykn():Just ran the math, thats over 400,000 US dollars equilavent each, if their numbers are right
clay01 says to larrykn():Doesnt
larrykn says():that don't sound right
clay01 says to larrykn():Doesn't sound like they are doing to badly
larrykn says():unless a few got all that money and the rest got nothing
rcookie says():HERE IS ADDITIONAL CONFIRMATON ON THE LAUNCH OF $2 BILLION CITIZEN BONDS PROGRAM ANNOUNCED LAST WEEK....3 YEARS...10% INTEREST...
AND ABILITY OF CITIZENS FOR 1ST TIME SINCE 2003 TO PARTICIPATE IN BOND PROGRAM....AND INTERESTINGLY...CITIZENS WILL BE ABLE TO AFTER ESTABLISHING BANK ACCOUNTS WITH CURRENCY OR JEWELRY...
TO DEFER PORTIONS OF SALARY TO THESE PROGRAMS ELECTRONICALLY WITH SMART CARDS...
GIVING THEM SKIN IN THE GAME IN THEIR COUNTRY'S GROWTH & DEVELOPMENT..THIS BY THE WAY IS IN THE 2016 BUDGET...AND IMF LOI/MEFP/TECHNICAL MOU......
clay01 says to larrykn():Doesn't sound right, but that is what it works out to, using their numbers
larrykn says():again we don't how many got that money and who got nothing
clay01 says to larrykn(8:06 AM):True
rcookie says():The Government plans to launch financial bonds worth $ 2 billion
Economy and tenders Since 2016-05-26 at 07:25 (GMT)
– The balance of news Detection of economic adviser to the President, Khalifa Al-Zubaidi, on Tuesday, the Government's intention to launch bonds worth two billion dollars during the coming period and rewarding benefits.
He said Zubeidi/scales news that "the Government will take a number of measures to resolve the financial crisis facing the country and address the austerity budget in 2016."
Read More :http://ift.tt/1PSMsNz
http://ift.tt/1PEp8ZU
rcookie says():He said the President's economic adviser, said "such actions launched bonds worth $ 2 billion and sold directly to citizens," adding that "the Government will determine the high benefits and rewarding for coaxing citizens buying bonds.
This "Economic Adviser of President Khalifa Al-Zubaidi to balance news, earlier, the Government's inability to ensure employee salaries without international loans and loans to the Central Bank, indicating that the loans will provide salaries for six months." finished 29/h 33
http://ift.tt/1PSMvcm LINK
Read More :http://ift.tt/1PSMsNz
http://ift.tt/1PEp8ZU
clay says to rcookie():GM buddy question how can citizens buy bonds w/no $
clay says to rcookie():unless they revalue
clay says to rcookie():just putting it out there
larrykn says():they can use their jewelry lol
rcookie says():HERE IS AN EAMPLE OF SOME OF HIS OTHER COMMENTS... FROM THE 19TH...
rcookie says(): 1/19/2016 0:00 BAGHDAD Hussein al-Tamimi Tgb stressed global stock representative in Iraq Osama Mahmoud importance of unifying laws and legislation governing economic action,
pointing to the importance of linking the Iraqi dinar to the global economy and thus achieve a monetary value to him in front of the world's currencies, which in turn will give the power of the economic process within the country.
He said in an interview «morning»: that the Iraqi economy at the current stage needs to be clearly defined, pointing out that the laws relating to the economic aspect is still pursuing regulations socialist formula in the economic management of the sector, while economic and trade process pursues an open economy approach or the so-called (the market economy)
rcookie says():He noted that this duplication of inevitably the economic file management will produce an economy is uncertain, Dhi different results,
and here you must know that all the major industrialized nations rely open market that adopted in the production processes and import and export operations theory, and therefore, the state of commercial exchange between the countries process It must be built on a unified economic system.
Mahmoud said, an example of the reality of the Iraqi economy, it continues to rely on letters of guarantee granted to the traders to complete the import of goods operations, and this means limited to Iraqi criticism within the banks,
and then prevent the spread of the Iraqi dinar in international markets, and the result was to weaken the value of the dinar and the inability to use it outside the borders of Iraq, noting the importance of the introduction of the Iraqi dinar to global markets.
rcookie says():He continued by saying that the most important results of the unification of laws with economic applications in a market economy theory is to link the Iraqi dinar to the global economy and thus achieve the monetary value of the dinar against the global currency This in turn will give the power of the economic process in Iraq.
He said that the entry of the Iraqi dinar investment and thus can any investor to keep the Iraqi dinar as an investment in the currency market, there is no harm in raising the ceiling of printing the local currency as long as there are cash lid covers the domestic currency trading volume in global markets,
also contributes to reduce hard currency emerging from Country, where traders will be able to import goods in Iraqi dinars, as well as an end to the black market phenomenon the fact that traders do not need to buy hard currency to finance their business operations.
rcookie says(): Mahmoud said that linking the Iraqi dinar to the global economy leads to obviate the need for an auction of hard currency, which will determine the dinar exchange rate universally Iraqi against a basket of world currencies, helping to rewrite the business model of the private banks,
instead of banks reliance on letters of guarantee and daily quota of hard currency given to it by the central bank on which the banks in achieving their profits, the introduction of banks investment as a project In the major internal and external business processes to take an active role in the country's economy in the
rcookie says():YOU GUYS REMEBER THAT FROM 19TH.......
larrykn says():no but I like it
rcookie says():DID EVERYONE PASS OUT...
LLN65 says():I like this linking the Iraqi dinar to the global economy!! Thank you!! (F)
subgirl says to rcookie():I like it too! :) WOW!
rcookie says():READ THE 2 STATEMENTS FROM HIM BACK TO BACK....WOW!!!!
Woodywoodpecker says():just do it
larrykn says():I get to wonder if they want to comeout strong with their currency
rcookie says():THAT IS IRAQS LEAD STOCK MARKET ECONOMIST/STRATEGIST...
rcookie says():America uses the Kurdistan region to overcome its financial crisis
America uses the Kurdistan region to overcome its financial crisis
26-01-2016 01:00 PMAre free -
Iraq announced the Kurdistan Regional Government, for its agreement with the United States to send experts economy, in order to help the region to prepare plans to overcome the financial crisis that swept.
The agreement between the two sides during a government meeting with a delegation from the US embassy in Iraq in the presence of Ambassador Stuart Jones, during which they discussed the financial crisis experienced by the region, which caused the deterioration of the economy after the recovery phase lasted for the period between 2007 and 2013, according to a statement issued by the Government of the Territory yesterday.
Read More :http://ift.tt/1PEp7oP
http://ift.tt/1PSMsNx
rcookie says():The statement said that cutting the share of the Kurdistan region of Iraq's general budget by the central government in Baghdad, and the war against al-Daash and the resort of huge numbers of refugees and displaced persons to the region and the decline in oil prices caused the economic crisis.
And trying Government of the Territory, home to 5.5 million people, reduce spending to save money, but the fiscal deficit is still large. The government paid a monthly salary of about 1.4 million of its citizens among employees in service and retired, which cost the government treasury $ 730 million a month, while the government revenue of less than $ 500 million a month.
KRG seeks to persuade the United States financed its war against Daash, so that he can provide the money spent on the war in order to pay civil servants' salaries sectors.
The government announced last week that it suffered two billion dollars as expenses for the war in the period from August / August 2014 until the same
rcookie says():system, in order to reduce the multiplicity of salary per employee.
http://translate.googleusercontent.c...l5vymVC8fni07Q
http://ift.tt/1PEp7F5
Read More :http://ift.tt/1PEp7oP
http://ift.tt/1PSMsNx
larrykn says():5.5 million people and the govenment only put out 1.4 million dollars? no wonder the people are getting restless shheeee
clay01 says():No that was 730 million to 1.4 million people
rcookie says():ABADI BASICALLY SPANKED THE ARAB COMMUNITY FOR ITS FAILURE TO STEP UP AMIDST THE HUMANITARIAN AND ISIS CRISIS...WITH EXCEPTION OF KUWAIT...IN HIS STATEMENTS AND INTERVIEWS IN DAVOS.....
clay01 says to larrykn():Had to read it a couple of times myselt, lol
larrykn says(8:00 AM):thats what I get for speed reading :D
clay01 says to larrykn():Just ran the math, thats over 400,000 US dollars equilavent each, if their numbers are right
clay01 says to larrykn():Doesnt
larrykn says():that don't sound right
clay01 says to larrykn():Doesn't sound like they are doing to badly
larrykn says():unless a few got all that money and the rest got nothing
rcookie says():HERE IS ADDITIONAL CONFIRMATON ON THE LAUNCH OF $2 BILLION CITIZEN BONDS PROGRAM ANNOUNCED LAST WEEK....3 YEARS...10% INTEREST...
AND ABILITY OF CITIZENS FOR 1ST TIME SINCE 2003 TO PARTICIPATE IN BOND PROGRAM....AND INTERESTINGLY...CITIZENS WILL BE ABLE TO AFTER ESTABLISHING BANK ACCOUNTS WITH CURRENCY OR JEWELRY...
TO DEFER PORTIONS OF SALARY TO THESE PROGRAMS ELECTRONICALLY WITH SMART CARDS...
GIVING THEM SKIN IN THE GAME IN THEIR COUNTRY'S GROWTH & DEVELOPMENT..THIS BY THE WAY IS IN THE 2016 BUDGET...AND IMF LOI/MEFP/TECHNICAL MOU......
clay01 says to larrykn():Doesn't sound right, but that is what it works out to, using their numbers
larrykn says():again we don't how many got that money and who got nothing
clay01 says to larrykn(8:06 AM):True
rcookie says():The Government plans to launch financial bonds worth $ 2 billion
Economy and tenders Since 2016-05-26 at 07:25 (GMT)
– The balance of news Detection of economic adviser to the President, Khalifa Al-Zubaidi, on Tuesday, the Government's intention to launch bonds worth two billion dollars during the coming period and rewarding benefits.
He said Zubeidi/scales news that "the Government will take a number of measures to resolve the financial crisis facing the country and address the austerity budget in 2016."
Read More :http://ift.tt/1PSMsNz
http://ift.tt/1PEp8ZU
rcookie says():He said the President's economic adviser, said "such actions launched bonds worth $ 2 billion and sold directly to citizens," adding that "the Government will determine the high benefits and rewarding for coaxing citizens buying bonds.
This "Economic Adviser of President Khalifa Al-Zubaidi to balance news, earlier, the Government's inability to ensure employee salaries without international loans and loans to the Central Bank, indicating that the loans will provide salaries for six months." finished 29/h 33
http://ift.tt/1PSMvcm LINK
Read More :http://ift.tt/1PSMsNz
http://ift.tt/1PEp8ZU
clay says to rcookie():GM buddy question how can citizens buy bonds w/no $
clay says to rcookie():unless they revalue
clay says to rcookie():just putting it out there
larrykn says():they can use their jewelry lol
dinarmassa says to rcookie():Have to agree with Clay, citizens with no money and a distrust in the banking system won't be participating in bond purchases
clay says to larrykn():maybe lol but who would cash in jewelry for paper lol
clay says to larrykn():I guess us (lol)
larrykn says():those that think that price of their money is about to go up :)
clay says to larrykn():heres to hoping :)
dinarmassa says to clay():How are you these days
clay says to dinarmassa():business is dead trying to rebuild if not time to move on
clay says to dinarmassa():hows things on your end
dinarmassa says to clay():Mr. White brought up a good comment, without VIII there will not be a RV
larrykn says():that will happen at the same time article8 and rv
rcookie says():WHILE POVERTY & UNEMPLOYMENT ARE HUGE FACTORS...ALONG WITH INHERENT MISTRUST F BANKS AND CORRUPT BANK OFFICIALS.....
THEY ARE INCENTIVIZING CITIZENS TO PARTICIPATE IN THESE PROGRAMS....AND KEEP IN MIND....ITS NOT THAT NO IRAQIS CAN AFFORD TO INVEST...
JUST LOOK AT THE REPORT I POSTED YESTERDAY AGAIN (2 YEARS IN A ROW) THAT IRAQIS ARE THE LEADING INVESTORS IN TURKEY AND JORDAN REAL ESTATE IN THE WORLD......
THEY HAVE THE MEANS AND DESIRE TO INVEST...JUST NOT IN THEIR OWN CORRUPT CULTURE....
jtank says():clay- maybe the gov trying to get more of those 25k notes stashed away
Comments may be made at the end of Part 2 Thank You
clay says to larrykn():maybe lol but who would cash in jewelry for paper lol
clay says to larrykn():I guess us (lol)
larrykn says():those that think that price of their money is about to go up :)
clay says to larrykn():heres to hoping :)
dinarmassa says to clay():How are you these days
clay says to dinarmassa():business is dead trying to rebuild if not time to move on
clay says to dinarmassa():hows things on your end
dinarmassa says to clay():Mr. White brought up a good comment, without VIII there will not be a RV
larrykn says():that will happen at the same time article8 and rv
rcookie says():WHILE POVERTY & UNEMPLOYMENT ARE HUGE FACTORS...ALONG WITH INHERENT MISTRUST F BANKS AND CORRUPT BANK OFFICIALS.....
THEY ARE INCENTIVIZING CITIZENS TO PARTICIPATE IN THESE PROGRAMS....AND KEEP IN MIND....ITS NOT THAT NO IRAQIS CAN AFFORD TO INVEST...
JUST LOOK AT THE REPORT I POSTED YESTERDAY AGAIN (2 YEARS IN A ROW) THAT IRAQIS ARE THE LEADING INVESTORS IN TURKEY AND JORDAN REAL ESTATE IN THE WORLD......
THEY HAVE THE MEANS AND DESIRE TO INVEST...JUST NOT IN THEIR OWN CORRUPT CULTURE....
jtank says():clay- maybe the gov trying to get more of those 25k notes stashed away
Comments may be made at the end of Part 2 Thank You
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