Thread: Iraq/Dinar News until April 26, 2007 Midnight cst.

Originally Posted by Adster

Good info coming out. Well done guys. We're at a point of no return, something must give soon. This ride is almost over.

Can say that! No way back, all is set and ready to BOOM!

Zebari Radio Sawa : invitations were extended to the parties involved in
(Voice of Iraq) - 22-04-2007

Zebari Radio Sawa :

Invitations sent to the parties participating in the Sharm el-Sheikh Egyptian Foreign Minister Hoshyar Zebari calls for the convening of the Sharm el-Sheikh in time and place had been set for the parties involved, pointing to his contacts with his counterparts in other countries for the same purpose.

This came in an interview with "Radio Sawa" from Geneva after the conclusion of the International Conference on Iraqi refugees began to talk about the nature of the Geneva Conference and the possibility of opening Iraqi offices in the host countries for Iraqi refugees to provide direct assistance to them :


NO MORE DELAYING!!

The low demand for dollar purchase auction CBE
Added news on 4-22-2007 13:48

... The low demand for dollar purchase auction CBE

Baghdad - WAI

Decreased demand for dollar in an auction the Central Bank of Iraq in the opening week today, Sunday, recording the volume reached 55 million and 895 thousand dollars, compared with 81 million and 190 thousand dollars last Thursday.

Such purchase orders by 11 million and 315 thousand dollars in cash and 44 million and 580 thousand dollars in the form of remittances outside the country covered by the bank fully exchange rate reached 1272 dinars, the same rate last Thursday.

With the banks made (13) participate in the auction, bids for the sale of five million dollars against 2 million to the bank on Thursday bought fully exchange rate amounted to 1270 dinars.

He said on one Yasiri dealers with the bank today, "The increase in sales presentations due to start and the Ministry of Finance regardless vocabulary budgetary sphere of ministries and the Iraqi dinar is therefore sell the dollar to buy the dinar fill allocations ministries.

njd2004
Can you imagine how many Iraqi millionaires this would create overnight, and not just people who were previously wealthy, I'm talking the average person. Can somebody sensibly address this major concern

Actually this is not TRUE!

The RV will start to return them to their previous status as it was first the sanctions and more importantly, us (America) that took rich and middle class people and made them poor by making their money worthless with the artifical rate of exchange that WE imposed upon them.

We took millions of middle class and rich people and made them beggers...with images that I remember as a kid from the Great Depression here in America or in Germany...where people pushed wheelbarrels of money to bakeries to buy a loaf of bread..WE DID THIS TO THEM...

SO, please don't worry about them...they were extremely use to having money before us and I'm sure that they will quickly pick it up again...like riding a bike...you never really forget...Hopefully, they will someday forgive what we have put them thru.

Instead, I'm worried about all of us...many who have never lived beyond paycheck to paycheck...

Can somebody sensibly address this major concern. Think of the panic and confusion as thousands of poor Americans strike it rich next week...IT AIN't Gonna Be PRRRREEEEETTTTTYYYYYYY!!!!

Fred

Originally Posted by fredgwest1999

njd2004
Can you imagine how many Iraqi millionaires this would create overnight, and not just people who were previously wealthy, I'm talking the average person.

Actually this is not TRUE!

The RV will return them to their previous status as it was first the sanctions and more importantly, us (America) took rich and middle class people and made them poor by making their money worthless with the artifical rate of exchange that WE imposed upon them.

We took millions of middle class and rich people and made them beggers...with images that I remember as a kid from the Great Depression here in America or in Germany...were people pushed wheelbarrels of money to bakeries to buy a loaf of bread..WE THIS THIS TO THEM...

SO, please don't worry about them...they were extremely use to having money before us and I'm sure that they will quickly pick up...like riding a bick...you never really forget...Hopefully, they will someday forgive what we have put them thru.

Instead, I'm worried about all of us...many who have never lived beyond paycheck to paycheck...

Can somebody sensibly address this major concern. Think of the panic and confusion as thousands of poor Americans strike it rich next week...IT AIN't Gonna Be PRRRREEEEETTTTTYYYYYYY!!!!

Fred

Excellent point! Yes those who had will soon have again

Originally Posted by kiko

Can say that! No way back, all is set and ready to BOOM!

Kiko my friend, we'll soon be sipping cerveza's in Spain.

Originally Posted by fredgwest1999

njd2004
Can you imagine how many Iraqi millionaires this would create overnight, and not just people who were previously wealthy, I'm talking the average person.

Actually this is not TRUE!

The RV will return them to their previous status as it was first the sanctions and more importantly, us (America) that took rich and middle class people and made them poor by making their money worthless with the artifical rate of exchange that WE imposed upon them.

We took millions of middle class and rich people and made them beggers...with images that I remember as a kid from the Great Depression here in America or in Germany...were people pushed wheelbarrels of money to bakeries to buy a loaf of bread..WE THIS THIS TO THEM...

SO, please don't worry about them...they were extremely use to having money before us and I'm sure that they will quickly pick it up again...like riding a bike...you never really forget...Hopefully, they will someday forgive what we have put them thru.

Instead, I'm worried about all of us...many who have never lived beyond paycheck to paycheck...

Can somebody sensibly address this major concern. Think of the panic and confusion as thousands of poor Americans strike it rich next week...IT AIN't Gonna Be PRRRREEEEETTTTTYYYYYYY!!!!

Fred

It has always been their intention to get back to their real rate of $3.22. This rate is still on both Bank of Baghdad's books and the CBI's, FACT.

This won't happen immediately but give it 2 to 3 years.

The seven story building of Dahuk's Agricultural Department was once the most famous building in the province. Now Dahuk has more than 50 buildings of five, seven and even 10 stories, indicating an economic boom in the province, wrote Voices of Iraq (VOI).


Noozz.com | IRAQ

Office of the Spokesman
Washington, DC
April 20, 2007


Secretary of State Condoleezza Rice to Travel to Egypt


Secretary Rice will travel to Sharm el-Sheikh, Egypt May 1-4 for the launch of the International Compact with Iraq and the Expanded Neighbors of Iraq ministerial. She will also have several bilateral meetings. While in Sharm el-Sheikh, Secretary Rice will discuss ways to support Iraq in its economic reform efforts and move forward with the stabilization of Iraq and transition to full Iraqi self-reliance.
2007/306


Released on April 20, 2007

Originally Posted by Adster

Kiko my friend, we'll soon be sipping cerveza's in Spain.

can't wait Adster!