Iraqi Dinar Guru opinions 6-9-16
Iraqi Dinar Guru opinions 6-9-16
6-9-2016 Newshound Guru rcookie THE NEWS SINCE MONDAY IS SMOKIN!! Article quote: “IRAQ LOOKING WITH EU FOR ASSISTANCE TO JOIN WORLD TRADE ORGANIZATION…” SO THE EU [EUROPEAN UNION] IS GOING TO WORK WITH THEM FOR FULL ACCESSION TO WTO…
6-9-2016 Newshound Guru rcookie …THINK ABOUT THE IMPORTANCE OF RE-ENGAGING THE OCCUPIED AREAS OF FALLUJAH AND MOSUL FULLY FOR IRAQS ECONOMY AND EQUALLY IMPORTANT FOR IRAQ TO ONCE FULLY LIBERATED…FINALLY START TO GET RAW…PURE ACCURATE ECONOMIC DATA REPORTING FROM THESE AREAS THAT WILL LEAD TO UNSKEWED FINANCIAL & ECONOMIC NUMBERS TOWARD… GDP…CPI..INFLATION… PRICING STABILITY ETC…FOR THE INT’L AGENCIES REPORTING THAT RELY ON THIS TIMELY…ACCURATE…TRANSPARENT DATE REPORTING….IT IS HUGE AND COMPLETELY WHAT THE IMF..WORLD BANK AND WTO MUST HAVE…
6-9-2016 Newshound Guru Aggiedad77 …Iraq is building…and the international world is coming…they seem to be attempting to be so transparent in what they are doing…Abadi is leading this new “dream” for Iraq….what a leader and commander he is turning into…seems “we” have done a great job coaching.
6-9-2016 Newshound Guru wmawhite Article quote: “IRAQ LOOKING WITH EU FOR ASSISTANCE TO JOIN WORLD TRADE ORGANIZATION…” Any idea why it is the EU stepping forward to assist and not someone else? Look at where most of the investment is coming from to date into Iraq…the EU…The EU is biting at the bit ready to jump into Iraq. [Any idea how long WTO take to complete?] The WTO process is a multi year process…however, Iraq started it’s process over 10 years ago…They are near the end of the process. [Is it true their currency has to have some kind of value for Iraq to gain acceptance to the w.t.o?] it will be in Iraq’s benefit to trade with the IQD at its true value.
6-8-2016 Intel/Newshound Guru Poppy3 I STILL HAVE SOME GREAT CONTACTS HERE AND THERE…CIVIL AND MILITARY SO I LISTEN TO WHAT THEY SAY AND WATCH THE ACTIONS OF ABADI AND THE CBI, IMF, WORLD BANK OR UNITED NATION WHEN THEY TALK FINANCE…THE REST IS JUST CLUTTER FOR ME. YES WE ARE IN THE CLOSING ROUNDS OF THIS FIGHT. JUST GET READY.
6-8-2016 Newshound Guru tlm724 Article: “Near the central announce the establishment of a deposit insurance corporation” Quote: “…the cabinet ‘s approval of the draft deposit guarantee system , which includes the establishment of the company contribute to encourage citizens to deposit their money in banks or government civil rather than keep them in their homes .” Cabinet held its regular meeting under the chairmanship of Prime Minister Dr. Haidar al-Abbadi. I get the impression it is already drafted and ready, a lot has been done in advance of launching several things during the last 10 days…in other words they get their ducks in a row prior to the announcement of launch (with the help of the IMF I am sure). they have known forever that it is a critical step in the banking reform, you can’t reform without money and you can’t get the needed liquidity to make it work unless the people make deposits…”crucial for when they move off of a dual currency regime” . I like that part Very Happy.
6-8-2016 Intel Guru SteveI […joining the WTO is great but my take on it is that it’s still a ways away as far as time is concerned. They are talking followup meeting in November if I remember right.] My guess…later this year. It will not be today or tomorrow or next week. Just the fact that it is in the works is very positive.
6-8-2016 Newshound Guru rcookie Article: “Iraq looking with the European Union to join the World Trade Organization procedures” [for Iraq to join the WTO they have to have an INTERNATIONALLY TRADED CURRENCY and for that to happen they have to have a real rate.] AND THEY HAVE TO HAVE ACCEPTED ARTICLE VIII OBLIGATIONS!!
6-8-2016 Newshound Guru tlm724 Article: “Iraq looking with the European Union to join the World Trade Organization procedures” Quote: “Confirmed the Ministry of Commerce, said Tuesday that Iraq needs a solid institutions recognized in the world as in some Arab countries, as discussed with the EU Commission to help Iraq to join the World Trade Organization.” I LOVE IT!! WTO full membership should be in Iraq’s relative near future, as they make the needed changes to the tax structure and continue on with reforms it only makes sense.
6-8-2016 Intel Guru SteveI Iraq’s willingness to do this says a lot for the goals and desires to get their economy moving again in the right direction and bring in new global investors. Iraq is really now between a rock and a hard place because they need to move off of dead center and show that this new government is united and finally stepping in the same direction for the good of their people. Their county has been beat up pretty bad by ISIS and operation recovery is on is way or has already started. Huge accomplishments so far. Excited, well almost, but extremely optimistic with this type of news. All of our guys here in the US and in Iraq are hearing positive things on a daily basis.The momentum sure seems to be going in the favor of Iraq now. Major accomplishments and huge strides are being achieved weekly.
6-8-2016 Newshound Guru wmawhite [… where are we with the HCL?] IMO…the HCL is an…internal revenue issue with the GOI…and not a requirement for what the CBI will do internationally with the IQD.
6-8-2016 Intel Guru Frank26 …the IMF made it their business to tell the international world…which is you…because you invested…which is many countries because they have invested…in the first half of this coming 2016 we are going to take Iraq into the international world…and…that is what you are seeing everywhere…and there are loans poised to give to them…not so they could qualify for the international status…no…so they could qualify for a credit rating that allows them to enter into the international world…
6-8-2016 Intel/Newshound Guru Poppy3 EVERYTHING THEY HAVE DONE SINCE JANUARY HAS BEEN DIRECTED TO MANAGING THE COMPLETION OF FINANCIAL REFORM. ABADI HAS CONTINUALLY PERFORMED AND DONE JUST WHAT HE HAS SAID. HE HAS REMOVED ROAD BLOCKS AND BUILT WHAT I THOUGHT I WOULD NEVER SEE AND THATS A TEAM OF DIFFERENT TRIBAL GROUPS PULLING TO BUILD IRAQ BACK TO HER GLORY…ONE STEP AT A TIME AND IT WILL AGAIN BE REFERRED TO AS THE FINANCIAL MECCA OF THE WORLD. YES I AM VERY ENCOURAGED AND IN GREAT ANTICIPATION OF SEEING THE NEW RATE PLACED ON THE DINAR BEFORE THE END OF THIS MONTH AS HE PUSHES FORWARD TO MEET THE IMF, WORLD BANK DEADLINE TO ENTER A GLOBAL MARKET ECONOMY.
6-8-2016 Newshound Guru tlm724 Article quotes: “Iraq has become the world’s fastest-growing oil producer with output up 50 percent since it signed contracts worth tens of billions of dollars with the likes of Lukoil, BP, Exxon Mobil and Royal Dutch Shell at the end of the last decade to help develop its huge oilfields.” “We know about the IMF talks and we know that the IMF makes it conditional for Iraq to pay back the contractors,” Alekperov said. “We hope they pay back all debts by November so we can start a new investment cycle before the end of the year.” so we can start a new investment cycle before the end of the year, sweet! we aren’t the only ones with renewed hope from the IMF taking control, a huge oil company (Lukoil) also has hope as do MANY other investors!