Iraqi Dinar Guru opinions 7-22-16
Iraqi Dinar Guru opinions 7-22-16
7-22-2016 Newshound Guru Millionday “…the oil and gas law of important laws, but he had previously introduced in the previous parliament sessions and did not get an agreement on the approval…” WE REMEMBER THAT THEY DID MEET ON THE HCL MANY TIMES BUT THE INTERESTING PART IMO AT THAT TIME WAS THE LACK OF RESULTS… Quote: “…and reached Baghdad and the Kurds an agreement in December to resolve the dispute over the rights of the export of oil and revenue sharing, but the deal has not been implemented in the past few months…” THE AGREEMENT HAS BEEN REACHED BUT NOT LAUNCHED — SO THIS IS HUGE WITH THE GOALS OF PARLIAMENT AND GOV TOWARD ALL IMPORTANT LAWS… WHOOOPOW…
7-22-2016 Newshound Guru rcookie Article: “Exchange rate and disinformation…Mohammed Sharif Abu Mayssam” Quote: “…repeated calls by some observers to call for the lifting of the dinar exchange rate against foreign currencies, to the extent that some of those claims up by making the value of the dinar equivalent to one dollar…” WOW!..A LOT GOING ON HERE! BRINGING PARALLELS TO FOREIGN RESERVES VALUE RELATIVE TO CURRENT IQD VALUE RATIO…AND WARN OF GUARDING AGAINST THEORIES SUPPORTING THAT AS THE ONLY OR MOST IMPORTANT MARKER…AND GUARD AGAINST OVERVALUING AGAINST CURRENT IMPORT STATUS FOR TRADE CONSIDERATIONS…THAT AUTHOR… MAYSSAM IS A VERY WELL RESPECTED ECONOMIST WRITER FOR ALSABBAH…BUT MANY OF THE POINTS MADE ARE SHARED BY MANY IRAQI ECONOMISTS…
7-22-2016 Newshound Guru tlm724 “IMF News: Can you explain the significance of maintaining the Iraqi Dinar’s peg to the U.S. dollar?” “IMF says no reason to devalue Iraqi Dinar”. I found the direct quote by the IMF mission chief for Iraq Christian Josz on July 14, 2016 on the IMF site..
7-22-2016 Newshound Guru Millionday I WOULD SAY IF THE BUDGET IS OPENING AND THE PRIVATE SECTOR IS ACTIVE AND TAXES ARE FLOWING AND OF COURSE CORPORATIONS AND INSURANCE IS ACTIVE…WE WOULD SEE SOME VERY IMPORTANT THINGS IN PLACE FOR THE PEOPLE…THERE ARE NO OBSTACLES IN THE WAY OF PASSING THE CITIZEN BENEFITS — GOV AND STATE PROGRAMS…SO MUCH IS BEING REPORTED AS BEING FINALIZED AND OF COURSE REFERRED TO AS PART OF THE REFORM… MANY VERY IMPORTANT LAWS ARE ON THE TABLE AND BEING ADDRESSED FOR THIS PARLIAMENT SESSION OR SESSIONS — I DON’T REMEMBER THEM MEETING EVERYDAY BEFORE NOW BUT THE MEETINGS ARE CERTAINLY VERY IMPORTANT —- HUGE. WE HOPE TO SEE RESULTS FROM WHATS ON THE TABLE…THEY APPEAR TO BE DETERMINED TO CREATE SOME.
7-22-2016 Newshound Guru wmawhite Article: “Exchange rate and disinformation” Quote: “…repeated calls by some observers to call for the lifting of the dinar exchange rate against foreign currencies, to the extent that some of those claims up by making the value of the dinar equivalent to one dollar…” Again…out of no where calls for the true value of the IQD to be brought forth.
7-21-2016 Newshound Guru wmawhite “IRAQI STOCK EXCHANGE LOOKING FOR INVESTMENT PROMOTION AFTER DISCUSSING ROLE OF RULES FOR CORPORATE GOVERNANCE…” This is truly preparing for opening the ISX for international investors.
7-21-2016 Newshound Guru rcookie “IRAQI STOCK EXCHANGE LOOKING FOR INVESTMENT PROMOTION AFTER DISCUSSING ROLE OF RULES FOR CORPORATE GOVERNANCE…” “…TO INCREASE FOREIGN INVESTMENT IN ISX AND COMMUNICATING DATA TO MARKETPLACE AND LAUNCHING A REAL TIME ONLINE TRADING PLATFORM…” THIS IS ABSOLUTELY HUGE…! DATA SERVICES CENTER FOR DISSEMENATION OF INVESTMENT AWARENESS!…SEC EXPERTS COMING TO TOWN… OPERATIONAL PERFORMANCE OF BANKS…WOW. DO YOU THINK THAT HAS ANYTHING TO DO WITH THE WORKSHOP ON 26-28 ON ICAAP…IN SYRIA…IT IS ALL COMING TOGETHER FOLKS.
7-21-2016 Intel Guru Delta FROM IRAQI TV: “John Kerry praises at a news conference with Iraqi Prime Minister Haider al-Abadi , but said ” we would like to see some reforms faster .” EVEN JOHN KERRY WANTS ABADI TO MOVE FASTER. [It’s my understanding that we are sending 500 more troops over there…] US PRESENT IN IRAQ IS VERY IMPORTANT, ABADI KNOWS THAT. ABADI WILL GET THE REFORM DONE, AND I BELIEVE HE IS WAITING FOR THE RIGHT TIMING…ALSO REMEMBER THE US WILL HELP THEM TO START THE FINANCIAL REFORMS IN THE CBI. IMO STARTNG NEXT WEEK WE SHOULD SEE SOME ACTION TAKING PLACE.
7-21-2016 Newshound Guru Aggiedad77 …some folks are getting anxious for conclusive action…but I for one continue to give Abadi a great deal of credit for the effort and work he has put into Iraq as their leader…Abadi is fighting war on many fronts, not just with DAASH/ISIS, but with major corruption in all areas of Iraq, and especially so with some higher level government officials who do not want to see their little kingdoms broken down, so they fight him every step of the way…he’s still got the likes of Maliki…he has to contend with Iran…all in all he’s doing better than most want to give him credit for…hard-headed, shrewd, and very smart…he is…he now has the resignations of those who may have been pushing against him…and he has the opportunity to insert those technocrats he wanted to start with…Let’s hope they hit the ground running…my opinion about Mosul…it’s coming…and I’m thinking it won’t take until October to start things…in all likelihood things will be done by October…IMO.
7-21-2016 Newshound Guru mike Article: “America Announces more than two billion dollars to collect the donor conference for Iraq” For years I’ve heard about the vast wealth of Iraq and yet, here we are, throwing donor conferences and raising $2.1 billion dollars for these folks. They’ve already borrowed against their SDR holdings and the IMF is loaning an additional $5.5 billion over the next three years. These guys don’t look so wealthy to me. In fact, they look broke as hell. It’s clear the interest the US and other western countries show Iraq has nothing to do with making money. It’s more about keeping them from sliding down the slippery slope of corruption and greed and dragging the whole ME down with them.
7-21-2016 Newshound Guru mike B- Moody’s credit rating and all the other stuff just screams that Iraq isn’t handling their business right now. Here’s hoping the IMF leverages the billions they’re giving Iraq to change their ways and move this country forward. No more money unless you conform. Period. At least the plan is still in play, we just need the politicians to…get to work.
7-21-2016 Newshound Guru wmawhite Article: “LEGAL EXPERT STATES CONSTITUTION DOES NOT ALLOW FOR QUESTIONING OF MINISTERS WHO HAVE HAD RESIGNATIONS ACCEPTED…” Yep…if you don’t want to be questioned…get the heck out of Dodge…resign.
7-21-2016 Newshound Guru rcookie Article: “ABADI ACCEPTED SHARASTINI RESIGNATION TODAY…” NEWS THAT ABADI WILL BE ADDRESSING REPLACING RESIGNATION POSITIONS NEXT WEEK. Article: “LEGAL EXPERT STATES CONSTITUTION DOES NOT ALLOW FOR QUESTIONING OF MINISTERS WHO HAVE HAD RESIGNATIONS ACCEPTED…” THERE IT IS…SOME UNDERPINNINGS TO THESE 7 RESIGNATIONS IN THE LAST 2 DAYS…IF RESIGNATIONS ACCEPTED …CANT BE QUESTIONED BY PARLIAMENT.
7-21-2016 Intel Guru Frank26 The United Nations did not meet in April or May…it bummed us out because it gave us less hope for…July…but we are excited because the UN is meeting with Iraq now…IMO…they are meeting with Iraq because of what they are doing to remove Article 8…we want to see things faster…but this is a logical approach and…there are a ton of moving parts…and as far as what is going on with the Iraqi Stock Exchange and the IEX…there are things that are going on with currencies that we don’t need to talk about…Why would a company sign with Iraq if they didn’t think they were going to get their rate of return back…
7-21-2016 Intel Guru Frank26 …companies are agreeing with them and signing contracts… as an international company…we will come in…we will follow all your rules and laws and regulations that you want…with your banks…your currency…your government… your everything…but we want our rate of return to be equal or at least profitable…and at a program rate we would lose money…IMO…the majority of the contracts…are set to expire sometime around October. The auctions will end…the multi-currency policy will end…and it is ending…The auctions…the multi-currency policy…the MCP…and the rate…increasing must all occur together…And for people who say…I don’t see…advancement…I don’t see anything good going on…are you kidding me.