Iraqi Dinar Guru opinions 12-2-14
Iraqi Dinar Guru opinions 12-2-14
12-2-2014 Newshound Guru Millionday THE REPORTS THAT WE HAVE SEEN FOR THE LAST FEW DAYS HAVE BEEN STATING THAT THEY HAVE BEEN ORDERED TO INTEGRATE THE LEGISLATION FOR BANKING REFORM AND ALSO ECONOMIC REFORM — ETC. THEY HAVE ANNOUNCED THAT THEY HAVE REACHED AN AGREEMENT WITH KURDS AND FEDERAL IRAQ (ERBIL AGREEMENT).
12-2-2014 Newshound Guru Millionday ABADI HAS ANNOUNCED THE OPENING OF IRAQ TO THE ENTIRE REGION– THIS IS THE ANNOUNCEMENT OF FOREIGN POLICY. THIS WAS ON INTERNATIONAL NEWS FOR THE REGION FOR ALL TO SEE. THIS IS THE MOST IMPORTANT ANNOUNCEMENT MADE SO FAR IN IRAQ AND IS CONFIRMED AS WELL. IRAQ IS NOW PART OF THE INTERNATIONAL ALLIANCE. NOTE — ISX HAS DATED FOR WED MANY MANY OPENING MARKETS — LISTED AS ON WED.
12-2-2014 Newshound Guru Tlar It doesn’t take a great leap of faith to think that much of what is taking place might be Saleh, the new economic advisor and Shabibi’s friend, behind helping engineer these changes and Shabibi’s return. [So Tlar is Sabibi around now just to bury Maliki, or help the CBI with it’s plan to delete the zero’s. Or both?] …your guess is as good as mine. I just know were I Abadi and if I really wanted all these reforms to work along with getting rid of Maliki once and for all, I would re-instate Shabibi not only because he has international standing and is well respected, but because he has demonstrated his expertise and authored the monetary plan that got them to this point. I would make him the governor at least until he finished his plan allowing him to finish his job of putting humpty dumpty back together again getting full credit. Then let him retire honorably when he wants to with full retirement benefits. But that’s just me.
12-2-2014 Intel/Newshound Guru Poppy3 they ARE SUPPOSED TO BE ON HOLIDAY FOR THE NEXT 30 DAYS AND JABORI AND ABADI SAID NO BREAK TILL ALL IS COMPLETE. SOUNDS TO ME MORE LIKE THEY ARE NOT WAITING FOR SOME DATE IN THE FUTURE…SOUNDS TO ME LIKE WHEN THEY GET REQUIREMENT AT THE POINT THEY WANT REGARDLESS OF TIME OR DATE THE RATE WILL CHANGE WEATHER 2014, 15, ON THE 1ST, 2ND, 7TH, SO ON…WHEN COMPLETE IT WILL HAPPEN PERIOD.
12-2-2014 Intel/Newshound Guru tman23 December 31st the books close on the year 2014…January 1st is the NEW FISCAL YEAR for Iraq State Banks…They have STATED many times that the APPROPRIATE time to lift the zeros is at the START of the year…NOT in the middle of a months or quarter…That is in ink several times! They have been working overtime in financial institutions but no leaks on currency rate changes etc…If the plan is by the 1st of the year…it will have to happen a week or two before for book keeping and ease of transition.
12-2-2014 Newshound Guru Stryker Abadi’s Council of Ministers Approves All Agreements With Kurdistan “and the agreement is valid as of 01/01/2015″
12-2-2014 RUMOR Guru TerryK Article: “Urgent ..Baghdad and Erbil Reach an agreement to resolve the outstanding issues between the parties History of edits” Quote: “the federal government and the Kurdistan Regional Government has reached an agreement to resolve the outstanding issues between them…” ADADI JUST WENT TO KURDISTAN TODAY. [for the official signing, etc.?] Yep. PATS ON THE BACK. WE ARE GOING TO SEE A RV THIS WEEK…THAT ARTICLE IS THE BOMB.
12-1-2014 TOTAL RUMOR Guru Iraq is ready to do it now…Iraq is to make a major announcement tonight or tomorrow…said 9:00 pm. US said they would not block it…just not accepting it. Meetings took place last night and a there is a big push to put it through this evening or tomorrow morning. ISX to reopen on Wed and Iraq wants the new rate to be effective for that event. Currency Rates: International Rate is rate that it comes out, $3.58. Market rate will be the FOREX trading rate – this rate will fluctuate with market demand. International rate on Dong is to be .57. Expects contract rate will be $1 – 2.00.
12-1-2014 Newshound Guru Stryker Former Deputy Governor of the Central Bank of Iraq under Dr. Shabibi, Mohammad Saleh is now Prime Minister Al-Abadi’s adviser. A very interesting turn of events in deed, is this a coincidence? I think not. After two days of talks in Baghdad Barzani seems to be on track with Abadi’s governments oil deal agreed on in Erbil last month. Abadi has agreed on the Kurdish share of the 2014 Budget amounting to 16 trillion dinars or roughly $15 billion USD. As you can see the falling oil prices became even more complicated since this deal was not agreed on by the Kurds until today and not in time for Sunday’s parliament meeting. This is the main reason that the Budget could not make it to parliament Sunday driven by the unforeseen forecast of oil prices.
12-1-2014 Newshound Guru Stryker The next round of talks will start tomorrow and are about the Pashmerga salaries, customs, borders and airports with Baghdad to pay the dues of the oil contractors. These points of differences…needed to be completed and signed off on between both parties before the budget could ever get completed and passed by consensus in parliament. Is it important to get things right, you bet! Central Bank News: Acting Central Bank Governor, Ali Mohsen al-Alak has announced that all amendments to the Central Bank Act, the Banking Act and Anti-Money Laundering Acts have reached their final stages after several meetings with Speak of the House Jabouri.
12-1-2014 Newshound Guru Stryker It is the intention of the Central Bank to accelerate the amendments and the implementation of these laws because the coming months will see economic changes in Iraq. These laws will add a large roll in the stages of development of the economy. As CBI Governor, Ali has stated, these laws must be done before the deletion of the zero project can be launched, and it looks like they are striving to do so.
12-1-2014 Newshound Guru tlm724 Iraq has delayed the budget not only to try and include the requirements of the Kurds but mainly because of the fluctuation in oil prices. Trying to calculate a number that will work for them. oil has fallen more than 25% in the past five months, to less than $80 a barrel…shows how this impacts Iraq. If it falls further, as seems likely, the geopolitical consequences on some oil-producing countries could be dramatic…and supply and demand will dictate the prices however demand is down…its hurting all the oil producing countries not just Iraq, the timing stinks. the oil prices have a very direct impact on Iraq and the calculation of their budget and why at this time it is so difficult.
12-1-2014 Newshound Guru Millionday THE SECOND IRAQI BANKING CONFERENCE ENDED TODAY [SUNDAY]…THE CONTENTS OF THE GOVERNMENT PROGRAMS ARE BEING IMPLEMENTED WITHIN THE REALITY BANKING. [so they said they will be implementing the reforms does that include economic and private that we are waiting for?] YES THAT INCLUDES THE GOV PROGRAMS WHICH ARE THE REFORMS SPELLED OUT SO TO SPEAK — THIS IS THE CALL TO IMPLEMENT THE BANKING REFORMS AND ALSO THE COUNTRY REFORMS. THE GOVERNMENT PROGRAMS ARE BASED ON MOVING TO A MARKET ECONOMY AND THAT IS TO THE GLOBE AND REQUIRES A REALITY RATE SO I AM ENCOURAGED WITH THE NEW ORDERS TO IMPLEMENT ALL OF THE LEGISLATION FOR THE ECONOMIC REFORMS. [who can implement if parliament is on holiday?] PARLIAMENT IS NOT ON HOLIDAY.
12-1-2014 Intel/Newshound Guru Poppy3 [So they would need to have the RV before the 2015 budget?] ACTUALLY NO THEY WOULD NOT HAVE TO BUT WE ARE NOT SURE WHAT THEY CONSIDER A PROPER TIME FOR THE CBI TO TURN IT LOOSE. I SUSPECT THE NEW BUDGET IS JUST ANOTHER STEP ON THE LADDER TO GET TO THE PROPER CIRCUMSTANCES. ONLY TIME WILL TELL BUT I SEE VERY CLEARLY THEY ARE MAKING STRIDES TO GET US THERE AND PROTECT THEMSELVES IN THE PROCESS.
12-1-2014 TOTAL RUMOR Guru THE KURDS HAVE WHAT THEY WANT. YESTERDAY THE ONLY NEWS THAT HAD ANY MERIT WAS THE SALARIES BEING PAID WHICH SHOULD START TODAY AND THE KURDS WANTING 3-5% INCREASE WHICH IS THE HCL. LOOKS LIKE THE FINAL AGREEMENTS HAVE BEEN REACHED…THE KURDS GETTING WHAT THEY WANTED TURNED THE SNOW MACHINE ON FULL BLAST-YES. GOI + HCL = RV.