Post From Dinar Updates
Chat Room Excerpts & Highlights
BGG News Time & Sunday PM Chat 5-29-16 Part 2 of 2
BUCK says():did parliment vote to extend another month???? thank you.
BGG says to BUCK():IF they did - that's not what it means...
BGG says to BUCK():it is just a procedureal issue... keeping the current session "open"...
BGG says to BUCK():and IF they did this... it basically means - they want to KEEP WORKING. Is that bad?
daytrader says to BGG):?
maine says():i think its great!
BUCK says():no that is what i was hoping
larrykn says to BUCK():nope thats good news
~~~
Chat Room Excerpts & Highlights
BGG News Time & Sunday PM Chat 5-29-16 Part 2 of 2
BUCK says():did parliment vote to extend another month???? thank you.
BGG says to BUCK():IF they did - that's not what it means...
BGG says to BUCK():it is just a procedureal issue... keeping the current session "open"...
BGG says to BUCK():and IF they did this... it basically means - they want to KEEP WORKING. Is that bad?
daytrader says to BGG):?
maine says():i think its great!
BUCK says():no that is what i was hoping
larrykn says to BUCK():nope thats good news
~~~
BGG says to BUCK():(woops - procedural... :D )
daytrader says to BGG():What do you feel is the key or keys remaining?
BGG says to daytrader():that is a good question - however, with the timing of the recent support, IMF/WB oversite... their insistance on some level of control... and the aggressive movement against ISIS from every direction.
BGG says to daytrader():things are absolutely moving in a very good direction for Iraq.
BGG says to daytrader():and as a side note...
BGG says to daytrader():Abadi has the support of the Kurds, Sadr, the US and the IMF/WB (aka - BIG MONEY)...
BGG says to daytrader():that is a pretty powerful (and unlikely) alliance he has cobbled together.
daytrader says to BGG():Thanks BGG.
poppy123 says():i support him also
larrykn says():me too :)
jtank says():GREAT NEWS THX
BGG says to daytrader():the Saudis are even voicing some BS - facial support... (those guys are BAD NEWS).
BGG says to daytrader():(for Abadi - for his reforms - and against ISIS)...
daytrader says to BGG():Seems they're playing both sides of the fence.
larrykn says():so what you saying Maliki group is toast then
BGG says to daytrader():Yup - they start it and then fund both sides...
Lucifer says():And are in BIG TIME financial trouble
BGG says to larrykn():IMHO - it's only a matter of time.
larrykn says():(y)
larrykn says():any one else have a question
larrykn says to BGG():you got some more for us
BGG says to larrykn():I do...
larrykn says()::)
BGG says to larrykn():We good to keep on??
larrykn says():yes sir
tman23 says():To interrupt quickly....... Shaways was on Kurd TV speaking in interview and said Abadi has agreed to pay Kurdistan for 2014,2015,and 2016 ........ This coming July........
tman23 says():So to put it in a nutshell......Abadi has the power and certainly expecting to have the money.......otherwise HE WOULD NOT MAKE THE COMMITTMENT......... IT WOULD BE THE BIGGEST MISTAKE IF HE BROKE ANOTHER AGREEMENT.......
maine says():wow
larrykn says to tman23():ty for that news
BGG says to tman23():Agreed/
BGG says to tman23():and Thank you.
BGG says to tman23():for that.
dale says():Wow
subgirl says():thank you tman!! :)
jtank says():very positive-
BGG says():Najib: Iraq 's salvation from the financial crisis is to activate the private sector
BGG says():(Voice of Iraq) – Baghdad Confirmed member of the Committee of Economy and Investment parliamentary Najiba Najib that "Iraq 's salvation from the financial crisis is to activate the private sector."
Najib said that "activating the private sector in the country is very important for the salvation of Iraq from the suffocating financial crisis," noting that it " has to be laws that guarantee the effectiveness of this important sector of legislation."
She continued , "must also be having a good political environment to enact such laws and the provincial marketing domestic production for the purpose of the walk in front of this important vital sector."...
BGG says():She sure has changed her tune lately...
BGG says():funny - huh?!?
BGG says():and I am very curious - what exactly is she talking about??
BGG says():I think she's a former (or current) member of the Parliamentary Finance committee... along side Abadi. Hmmmmmmm
BGG says():I think - they button some of this stuff up - POST HASTE and we will see a giant leap forward in Iraq's financial system.
BGG says():it's all pointing that direction.
larrykn says():well I have a comment: this all sounds like they are in one big hurry to get all this done now , all good for us
BGG says to larrykn():I agree.
BGG says to larrykn():I think that is it for tonite...
BGG says to larrykn():that was my synopsis...
sophie1 says to BGG():thank you bgg has millionday left this room for good
BGG says to sophie1():not that I know of.
BGG says to sophie1():sometimes people get busy.
sophie1 says to BGG():thank you (y)
BGG says to sophie1():gotta' pay the bills.
sophie1 says to BGG():good point
BGG says to sophie1():as I understand it - she's trying to cut back to Sundays. If she can make it.
sophie1 says to BGG():thank you
sophie1 says to BGG():i miss her
BGG says to sophie1():we all have - for a long time now.
sophie1 says to BGG():i just hope she is ok thank you
BGG says():Here's a great article I had open and forgot to post...
BGG says():The credit ratings agency: Iraq is agreement with the IMF for a positive credit rating
BGG says():The credit ratings agency: Iraq is agreement with the IMF for a positive credit rating
BGG says():Economy News / Baghdad agency said credit ratings, "Moody's", said the agreement concluded by Iraq and the International Monetary Fund last week, regarding loan demand worth 5.4 billion dollars, a positive credit rating and will improve the liquidity of the government strapped to it.
Moody's said in a statement, "The agreement will help Iraq to finance the budget deficit and the current account deficit."
The agreement allows reached last Thursday of additional international aid worth $ 15 billion over the next three years to support an economy hit by the drop in oil prices since mid-2014 and the costly war against al Daash. AJ
BGG says():OK - if we can stay focused for a sec...
BGG says():can anyone tell me how much 5 bil per year over the next 3 years helps Iraq who is running a 20-50 bil deficit?? (depending on current oil prices - of course)...
BGG says():Obviously - there is more to this story (they aren't telling us...)
BGG says():because 5.4 bil - is like tossing a cup of water on a forest fire...
BGG says():there's more to this story... AND...
BGG says():why would Iraq / Abadi and Co. give up oversight over such a relatively small volume of support??
BGG says():and there is your answer...
pinklady says to BGG():I thought they needed a good credit rating ... so what else? I am not getting the there is your answer part... sorry
cjquade54 says():they need help dealing with corruption and giving up oversight is probably the only way they can gain international trust ..... ya think?
daytrader says to BGG():What do you feel is the key or keys remaining?
BGG says to daytrader():that is a good question - however, with the timing of the recent support, IMF/WB oversite... their insistance on some level of control... and the aggressive movement against ISIS from every direction.
BGG says to daytrader():things are absolutely moving in a very good direction for Iraq.
BGG says to daytrader():and as a side note...
BGG says to daytrader():Abadi has the support of the Kurds, Sadr, the US and the IMF/WB (aka - BIG MONEY)...
BGG says to daytrader():that is a pretty powerful (and unlikely) alliance he has cobbled together.
daytrader says to BGG():Thanks BGG.
poppy123 says():i support him also
larrykn says():me too :)
jtank says():GREAT NEWS THX
BGG says to daytrader():the Saudis are even voicing some BS - facial support... (those guys are BAD NEWS).
BGG says to daytrader():(for Abadi - for his reforms - and against ISIS)...
daytrader says to BGG():Seems they're playing both sides of the fence.
larrykn says():so what you saying Maliki group is toast then
BGG says to daytrader():Yup - they start it and then fund both sides...
Lucifer says():And are in BIG TIME financial trouble
BGG says to larrykn():IMHO - it's only a matter of time.
larrykn says():(y)
larrykn says():any one else have a question
larrykn says to BGG():you got some more for us
BGG says to larrykn():I do...
larrykn says()::)
BGG says to larrykn():We good to keep on??
larrykn says():yes sir
tman23 says():To interrupt quickly....... Shaways was on Kurd TV speaking in interview and said Abadi has agreed to pay Kurdistan for 2014,2015,and 2016 ........ This coming July........
tman23 says():So to put it in a nutshell......Abadi has the power and certainly expecting to have the money.......otherwise HE WOULD NOT MAKE THE COMMITTMENT......... IT WOULD BE THE BIGGEST MISTAKE IF HE BROKE ANOTHER AGREEMENT.......
maine says():wow
larrykn says to tman23():ty for that news
BGG says to tman23():Agreed/
BGG says to tman23():and Thank you.
BGG says to tman23():for that.
dale says():Wow
subgirl says():thank you tman!! :)
jtank says():very positive-
BGG says():Najib: Iraq 's salvation from the financial crisis is to activate the private sector
BGG says():(Voice of Iraq) – Baghdad Confirmed member of the Committee of Economy and Investment parliamentary Najiba Najib that "Iraq 's salvation from the financial crisis is to activate the private sector."
Najib said that "activating the private sector in the country is very important for the salvation of Iraq from the suffocating financial crisis," noting that it " has to be laws that guarantee the effectiveness of this important sector of legislation."
She continued , "must also be having a good political environment to enact such laws and the provincial marketing domestic production for the purpose of the walk in front of this important vital sector."...
BGG says():She sure has changed her tune lately...
BGG says():funny - huh?!?
BGG says():and I am very curious - what exactly is she talking about??
BGG says():I think she's a former (or current) member of the Parliamentary Finance committee... along side Abadi. Hmmmmmmm
BGG says():I think - they button some of this stuff up - POST HASTE and we will see a giant leap forward in Iraq's financial system.
BGG says():it's all pointing that direction.
larrykn says():well I have a comment: this all sounds like they are in one big hurry to get all this done now , all good for us
BGG says to larrykn():I agree.
BGG says to larrykn():I think that is it for tonite...
BGG says to larrykn():that was my synopsis...
sophie1 says to BGG():thank you bgg has millionday left this room for good
BGG says to sophie1():not that I know of.
BGG says to sophie1():sometimes people get busy.
sophie1 says to BGG():thank you (y)
BGG says to sophie1():gotta' pay the bills.
sophie1 says to BGG():good point
BGG says to sophie1():as I understand it - she's trying to cut back to Sundays. If she can make it.
sophie1 says to BGG():thank you
sophie1 says to BGG():i miss her
BGG says to sophie1():we all have - for a long time now.
sophie1 says to BGG():i just hope she is ok thank you
BGG says():Here's a great article I had open and forgot to post...
BGG says():The credit ratings agency: Iraq is agreement with the IMF for a positive credit rating
BGG says():The credit ratings agency: Iraq is agreement with the IMF for a positive credit rating
BGG says():Economy News / Baghdad agency said credit ratings, "Moody's", said the agreement concluded by Iraq and the International Monetary Fund last week, regarding loan demand worth 5.4 billion dollars, a positive credit rating and will improve the liquidity of the government strapped to it.
Moody's said in a statement, "The agreement will help Iraq to finance the budget deficit and the current account deficit."
The agreement allows reached last Thursday of additional international aid worth $ 15 billion over the next three years to support an economy hit by the drop in oil prices since mid-2014 and the costly war against al Daash. AJ
BGG says():OK - if we can stay focused for a sec...
BGG says():can anyone tell me how much 5 bil per year over the next 3 years helps Iraq who is running a 20-50 bil deficit?? (depending on current oil prices - of course)...
BGG says():Obviously - there is more to this story (they aren't telling us...)
BGG says():because 5.4 bil - is like tossing a cup of water on a forest fire...
BGG says():there's more to this story... AND...
BGG says():why would Iraq / Abadi and Co. give up oversight over such a relatively small volume of support??
BGG says():and there is your answer...
pinklady says to BGG():I thought they needed a good credit rating ... so what else? I am not getting the there is your answer part... sorry
cjquade54 says():they need help dealing with corruption and giving up oversight is probably the only way they can gain international trust ..... ya think?
1george says():14 days since we've heard from Millionday. Is she OK?
subgirl says to 1george():she is fine, just very busy...
1george says():Thanks for the tip. I would think she we would be giving lots of input if she thought we were near the end of the ride.
BGG says to 1george():on what do you base your assumption??
BGG says to 1george():I respectfully disagree.
BGG says to 1george():she gives dissertation as she is able to.
BGG says to 1george):and everytime I have spoken to her recently - she sounds very optimistic. BGG says to 1george():very much so - in fact.
boomshakalaka says():is MD is not coming back to this room?
subgirl says to boomshakalaka():she is fine and very busy... she will when she can... :)
boomshakalaka says():are you talking to her?
boomshakalaka says():ive seen this before... thats why im asking
subgirl says to boomshakalaka():I think BGG said he does some...
boomshakalaka says():wonder how she can walk away like this.... oddly she is a big part of my belief in this investment ... silly me !!!
subgirl says to boomshakalaka():she is not walking away!! she is working to pay her bills just like everybody else!!
subgirl says to 1george():she is fine, just very busy...
1george says():Thanks for the tip. I would think she we would be giving lots of input if she thought we were near the end of the ride.
BGG says to 1george():on what do you base your assumption??
BGG says to 1george():I respectfully disagree.
BGG says to 1george():she gives dissertation as she is able to.
BGG says to 1george):and everytime I have spoken to her recently - she sounds very optimistic. BGG says to 1george():very much so - in fact.
boomshakalaka says():is MD is not coming back to this room?
subgirl says to boomshakalaka():she is fine and very busy... she will when she can... :)
boomshakalaka says():are you talking to her?
boomshakalaka says():ive seen this before... thats why im asking
subgirl says to boomshakalaka():I think BGG said he does some...
boomshakalaka says():wonder how she can walk away like this.... oddly she is a big part of my belief in this investment ... silly me !!!
subgirl says to boomshakalaka():she is not walking away!! she is working to pay her bills just like everybody else!!
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