Iraqi Dinar Guru opinions 10-28-15
Iraqi Dinar Guru opinions 10-28-15
10-28-2015 Newshound Guru Millionday Press statement: “…the government’s search for support of the country’s economy and dependence on non-oil imports, such as investment and collection real alternatives as do the developed and developing countries of the world.” THE INVESTMENT LAW PASSED TODAY AND HE IS SAYING THAT THIS WILL ALLOW THEM TO DEPEND ON NON-OIL IMPORTS AS IN INVESTMENTS AND OTHER ALTERNATIVES AS OTHER COUNTRIES IN THE GLOBE DO. SO THE LAW IS HUGE OF COURSE…IN FACT — ITS PRINTED…PUBLISHED. [in the gazette?] YES ACCORDING TO WHAT I HAVE READ. I WOULD SAY THIS WAS VERY FAST.
10-28-2015 Intel/Newshound Guru Poppy3 […so the investment law passed… printed…in the gazette?] ALL BEING PUBLISHED IN A SPECIAL EDITIONS IMMEDIATELY AFTER THE VOTE ACCORDING TO SOURCES.
10-28-2015 Newshound Guru rcookie “the law reassured investors through the possibility of resorting to international arbitration between the investor and the government,” noting that “the law introduced sophisticated provisions encourage investment in the country.” INTERNATIONAL ARBITRATION! FOREIGN INVESTMENT NOT POSSIBLE WITHOUT! THAT IS MANDATORY!
10-28-2015 Newshound Guru Kaperoni Many areas in Iraq are somewhat safe and the passing of the Investment Law will help them. Iraq has 18 provinces including the Kurdistan region with only a few at risk of ISIL.
10-28-2015 Newshound Guru Adam Montana I’ve been keeping a very close eye on things over the last couple weeks, and I’m liking how things are going right now. The bad news is we don’t have an RV… but the good news is they are kicking things around in ways that make me think we’re approaching some movement. You know how meteorologists watch winds and air pressure and all that, and even though they might not be right all the time… they can generally predict when a storm is coming, right? This time in history is like that. Weatherman Adam Montana is looking at the barometric pressure and other signs, and it looks like a storm is brewing! And to that, I say, “Bring it on, Iraq!
10-28-2015 Newshound Guru OOTW FEELING A LITTLE EXCITED NOW THAT THE INVESTMENT LAW HAS BEEN PASSED – GREAT TO SEE THAT INVESTOR’S SHOULD GET PROTECTION AND THIS WILL ALSO HELP CREATE AND PROTECT JOBS FOR THE PEOPLE AND WILL GET THE PRIVATE SECTOR ROLLING – JUST WHAT WE WANT.
10-27-2015 Intel Guru SteveI 2016 budget will pass quickly. [JMO, but think funding for investment projects are anticipated coming from outside investors along with the growth of their local businesses. Which is why today’s vote to amend the investment law was so critical.] This was very critical to get accomplished. Finally the home stretch is here!
10-27-2015 Newshound Gurus rcookie & wmawhite HERE IS SOMETHNG THAT WILL FLY UNDER RADAR WITH ALL THE OTHER GREAT NEWS TODAY…COUNCIL MEMBERS RETURNING THROUGHOUT ANBAR PROVINCE TO HOLD 1ST SESSIONS! ANBAR PROVINCE! Could it be that ISIS is losing it’s grip and the Sunni tribes? Great news.
10-27-2015 Newshound Guru Enorrste Article quote: “the parliament voted unanimously on the Second Amendment to the Iraqi Investment Law No. 13 of 2006.” I was particularly impressed that the Law passed with 100% of parliament in favor of it. This probably means that the not so veiled threat from the IMF that they needed to get this done during the month of October fell on open ears. Imagine ANYTHING getting 100% of the vote in Iraq’s Parliament! Now we can see why the IMF felt comfortable, in spite of the terrible security and financial situation in Iraq, to state unequivocally that Iraq would “enter the world market” by the beginning of 2016.
10-27-2015 Newshound Guru Enorrste They obviously had put enough pressure in the right places to see that this important law got through the Parliament. Finally, this is a huge feather in Abadi’s cap, in my view. The longer term repercussions will be that he will be seen as the man who opened the door to genuine economic growth in Iraq. Along with that will come a greater push from him for more reforms, in my view. He will ride this wave as far as it will take him, which may mean all the way to getting Maliki arrested on corruption charges, along with all of his cronies.
10-27-2015 Newshound Guru rcookie INVESTMENT LAW & NATIONAL CARD LAW…JUST LIKE THEY SAID THEY WOULD! NO TABLING & SHELVING…THE INVESTMENT LAW IS ALREADY A LAW! THEY HAVE MADE REVISIONS AND AMENDED…THEY VOTED ON THE 2ND AMENDMENT TODAY. JABOURI ANNOUNCED REPLACING HEADS OF PARLIAMENTARY COMMISSIONS! SO MUCH INCREDIBLE NEWS TODAY!
10-27-2015 Newshound Guru Millionday IT IS THE LAW (INVESTMENT) THAT LAYS OUT ALL THE REGULATIONS FOR THE MANY TRADE AGREEMENTS IN IRAQ AND INTERNATIONALLY — IT HAD TO BE IN PLACE FOR IRAQ TO DIVERSIFY AND ALSO IMPORT/EXPORT — IT IS THE CAR TO DRIVE THEIR ECONOMY TO WHERE IT SHOULD BE. SO MANY AGREEMENTS NEED ACTIVATED — AND DUE TO INVESTMENT LAW BEING LAW — WE SHOULD SEE FAST PROGRESS.
10-27-2015 Newshound Guru Mailman17 IRAQ CANNOT COME OUT LOW WITH SMALL DENOMS WAITING. THEY WILL NO WAY COME OUT AT A DIME AND MOVE UP, IF THEY DID THEY WOULD THEN HAVE TO INTRODUCE ONE NOTE AT A TIME TILL IT HIT A DOLLAR. NEVER IN HISTORY HAS A COUNTRY DID THAT…EVER…IT CLEARLY WOULD CONFUSE EVERY IRAQI NOT TO MENTION THE MARKET. IRAQ WAS PEGGED TO COME OUT ON PAR. NOW IF THEY WANNA FLOAT FROM THERE OR AT LEAST A MANAGED FLOAT OR MARKET DRIVEN….FINE. IMO..THEY WILL START NO LESS THAN A 1-1. AND JUST CAUSE ISIS WAS THERE, AND I SAY WAS…THEY ARE NOT THE MAIN REASON THE ME STALLED…SURE THEY WERE A PAIN…BUT REFORMS AND LAWS NEEDED TO BE PASSED…THEY ARE ALMOST DONE IN THAT CATEGORY.
10-27-2015 Newshound Guru Mailman17 CONTROL OF CORRUPTION WAS ALSO A MUST AND THEY HAVE REGAINED THAT CONTROL AS WELL. NOW WE WAIT. BUDGET LOOKS LIKE ITS A NO BRAINER AND SALARIES WILL BE ADJUSTED TO THE NEW RATE. IRAQ IS IN THE FINAL STAGES OF DOTTING THE I’S AND CROSSING THE T’S. AND AS FAR AS THE BONDS ARE CONCERNED THEY WILL ALSO MAKE NEWS BUT NOT AT THE CURRENT RATE. WHO’S TO SAY THEY WONT BE BOUGHT UP INTERNALLY USING DINAR WITH PAYOUT IN DOLLARS…SURE WOULD CLEAN OUT WHAT DINAR IS LEFT, NOT ONLY IN PEOPLES HANDS BUT BANKS AND COMPANIES ALIKE. JUST A THEORY. AND REMEMBER TO THINK TWICE ABOUT THE CRxP NEWS MEDIA PUTS OUT…JMO.
10-27-2015 Newshound Guru Stryker Investment Law Passes Brings Revaluation Closer.
10-27-2015 Guest Newshound Guru Revbo Article quote: “the parliament voted unanimously on the Second Amendment to the Iraqi Investment Law No. 13 of 2006.” This may be the biggest day in Iraq since the war. Certainly since Chapter 7. Now, large investors can come in, secure in their investments, and can build Iraq where the government has failed. It’s not the government’s fault. It’s just the nature of government that it can’t build an economy. Only the private sector can accomplish that, and things are about to change in a huge way. Large investment will put large upward pressure on the dinar, as well. …Iraq will now become a dollar sponge, sucking investments, in dollars, from around the world, driving the value of the dinar up in the process as Iraq, itself, becomes more valuable. They’re letting foreign investors own land, too, which is a big deal. If I’m an investor with millions/billions to put into a project, it would be very reassuring to know I not only own my facilities, but I also own the ground on which they are built.
10-27-2015 Newshound Guru tlm724 Article: “Law Second Amendment to the Investment Law No. 13 of 2006 27 October 0.2015″ Great news for Iraq and for us! They finally amended and passed the Investment Law! Several things jump out at me in this law. First is that it encompasses both foreign and domestic investors as it should. Secondly is that this law is giving great authority to the National Authority for Investment to develop and sustain investment in the country.
10-27-2015 Newshound Guru rcookie Article quote: “The House of Representatives voted on Tuesday unanimously approved the second amendment to the Iraqi Investment Law No. 13 of 2006.” Heres that pesky “shelved & tabled” Investment Law voted on just like they said they were going to do…
10-27-2015 Newshound Guru Kaperoni Article quote: “House hold, Tuesday, led by its 32 Saleem al-Jubouri and the presence of 230 deputies. And held parliament its 32 legislative year Althanihalvsal first legislative agenda of includes a vote on the draft second amendment bill to the Investment Law No. 13 of 2006 (Committee on Economy and Investment, the Finance Committee).” Looks like it passed. Will get confirmation…from parliament as soon as posted. But great news!