Iraqi Dinar Guru opinions 9-15-15
Iraqi Dinar Guru opinions 9-15-15
9-15-2015 Newshound Guru Aggiedad77 …it would seem the COM (Council of Ministers) was overly busy today… they approved the cancellation of the VP and Vice PM positions…But to me just as important, maybe more so…they approved the withdrawal of all laws directed to Parliament by the previous government (Maliki) basically making those efforts null and void…after that…they approved a mechanism for payment for stalled projects or projects that were lagging due to lack of funds…interesting to say the least this last effort…Coming at at time when liquidity was an issue…but remember all the funds that have been flowing back into Iraq…back into the banks from the thievery and corrupt efforts that have been nailed by the Integrity Commission…
9-15-2015 Newshound Guru Millionday Article quote: “And witnessed the Investment Law No. (31) for the year 2006 to make some amendments to paragraphs and materials, which is likely to approve the next two days…” THIS IS THE ANNOUNCEMENT OF PLANS TO HAVE THE INVESTMENT LAW ACTIVE. THE ANNOUNCEMENT IS FOR THIS TO BE DONE TODAY [MONDAY] OR TOMORROW. THEY ARE EXPECTING THE NEW LAW TO ATTRACT INVESTMENT BUT ARE RELIANT ON THE CONDITIONS TO CHANGE…IT IS APPARENT THAT THE LAWS ARE EXPECTED TO BE COMPETITIVE WITH OTHER INTERNATIONAL INVESTMENT LAWS — THIS SHOWS THE GOAL IS TO GO GLOBAL AND THE LAW IS TO BE DONE WITHIN DAYS.
9-15-2015 RUMOR Guru Bluedog SO THE U.S. STORMS THE CBI… CBI IS IN FULL OPERATION? DO NOT THINK SO TO THE OPEN EYE…THEY TRAINED PEOPLE TO FILL THOSE POSITIONS…MOVING THINGS AROUND A BIT AND GAINING CORRUPT MOVEMENTS…IM SURE THERE WERE SOME BAD EGGS THAT GOT ARRESTED OR DETAINED… MEANWHILE MEETINGS PLANNED IN EUROPE AND THE USA WITH ZEBARI AND SALEH DID NOT BEAR FRUIT… THE GOI IS IN THE SHUFFLE MODE…OVER ONE HUNDRED OFFICIALS FIRED LIKE TRUMP WOULD DO AND NEW ONES MOST TRAINED IN THE USA FOR SUCH A TIME AS THIS. HANG IN THERE…THEY ARE JUST ABOUT TO TAKE A BOW FROM THE CENTER STAGE OF THIS PERFORMANCE BUT YOU GOT TIME TO HIT THE LOBBY FOR POPCORN…THE INTERNET IS DOWN…NOW IS YOUR CHANCE GET A LARGE SODA TOO…BEFORE THE CURTAIN OPENS BACK UP…IMO.
9-15-2015 Newshound/Intel Guru BGG [do you think the WB will really blacklist Iraq if they do not get everything done by the 1st…or is that just a loud threat?] think they would – but I also think Iraq will get the AML Law passed (or close) before then…and I suspect as long as the vote is taken – (or some other serious effort) they will be fine…obviously, it’s not just the Law they want – they want it enforced. NO MONEY LAUNDERING…so the point is – it’s not just the Law – it’s Maliki they want (and everyone else it seems)…
9-15-2015 Newshound Guru Stryker Today Abadi’s Cabinet Approves Maliki’s Exit and the withdrawal of Maliki’s Governments Laws! Vice-President Maliki is History.
9-14-2015 Newshound/Intel Guru BGG …bonds or no bonds – they need monetary reform ASAP AND they have to deal with the corruption – PERIOD. I think (IMHO) once Maliki is fully marginalized – an “emergency currency move” (up – not down…) become a very real possibility. Abadi needs the money to keep after ISIS.
9-14-2015 RUMOR Guru Mnt Goat …the recent blocking of the internet in Iraq has nothing…to do with the preparation for the RV. By blocking the internet Abadi has also blocked a strategic means of ISIS and DAASH communications. Another rumor to I must also discount today is about the reports that conquerable by military forces by American or Iraqi, that stormed the CBI and confiscated documents going back to 2003. The next piece of juicy news is about the National Unified cards. We all know, as it has been confirmed, the Iraqi citizens currently have a Q- card (or SMART card)…It is NOT yet fully international until the currency is turned on in the international exchanges. In April of this year the told us they wanted to begin payout to the citizens of the oil revenues.
9-14-2015 RUMOR Guru Mnt Goat They also told us it would be paid out on the new “National” card and not their current Q –Card of SMART card. We know they plan to combine the two cards into one card…I have to tell you there were still hundreds of thousands of citizens who did not receive there cards… They are preparing to pay out on HCL oil revenues. Yes – once again this is their intention. They MUST distribute part of this oil revenue to the people as in the HCL law. The HCL is not complete without these ongoing rolling payments to the citizens. This must be done prior to any RV. This is why these cards are so important. This means they are getting serious about it once again. When they begin using these new National cards they want the ability to make these payments to be an international usage.
9-14-2015 Newshound Guru firefly …found this VERY interesting. It is from CNN dated today: “Iraq plans bond offering for brave investors” So all those people telling us the bonds went on sale and are a failure…well…THE BONDS HAVE NOT GONE LIVE YET!
9-14-2015 Newshound Guru Kaperoni Article quotes: “We don’t see an immediate devaluation but we see more pressure on the peg the longer the situation continues as buffers get eroded.” “Concerns that oil-dependent economies may abandon their pegs intensified after Kazakhstan allowed its currency to float…” They won’t devalue. They just need to stay pegged long enough for the economic reforms/loans to take hold and then they can begin the float.
9-14-2015 RUMOR Guru Mnt Goat There is nothing in the grey side or mysterious about why they are stalling the change over of the currency…they had postponed the currency reforms due to three reasons: 1) money laundering and bad banking practice. 2) wide spread corruption. 3) security reasons. Nothing grey or mysterious about it…So Iraq must first make the necessary changes. The reforms and the laws needed to back them up and implement them are needed first. It’s not all about the RV. The RV is simply a by-product of the process of bringing the country of Iraq online with the international community and do it such a way as to created stability and progress in their country and in the region.
9-14-2015 Newshound/Intel Guru BGG …it appears the CBI sales are retreating and the Dinar is remaining stable (if not starting to strengthen)… this means less corruption – more confidence. I am plenty excited to see what Abadi’s reforms bring and how quickly it all comes together – because, quite honestly – that IS THE WHOLE BALL – GAME right now.