Thread: Iraq/Dinar News until 5PM CST May 10,2007

Originally Posted by shotgunsusie

im not unchilled hon, its my way of sayin..... your worries would be unfounded since theres absolutely no indication of that (unless youve been to the dark side and nothing is possible there ).

You always have a way getting the worries from ones head, and thinking of ways to progress in this investment, Thanks SGS!

Originally Posted by shotgunsusie

tell me this article doesnt put dollar signs in ya eyeballs!!!! cha ching!

Yeah, but the parts that concern me are:

But years of neglect have resulted in shut-ins in oil fields, significantly reducing their output. That reduction has been magnified by repeated insurgent attacks on the country's vast oil infrastructure, including pipelines and refineries.

&

If companies felt safe sending workers to Iraq and investing money there, Iraq could again match or exceed production levels it had before the first Gulf war, Mobed said.

BUT:

this is pretty nice:

Discounting such attacks, however, most of the oil exports are generally routed through the south -- where pipeline capacity is much greater -- and loaded on to tankers.

Originally Posted by Offshore-Wealth.com

Interesting,

I hope he invites Maliki to go duck hunting. lol

Good luck and health to all, Mike

I heard they are meeting for dinner later (or have already!! 9 hour difference?) Perhaps they ATE duck.

Originally Posted by cooldolphins

Yeah, but the parts that concern me are: &

BUT:

this is pretty nice:

i myself am under the belief that if you dont have money for a big screen or a radio you will be out on the street causin trouble. and if you had at one time and now dont and are told that it is because of the invasion then you are bound to cause trouble where the invador is concerned. all those things just say it will need to change in order to update and get to that stage. i suspect giving the ppl back their purchasing power is going to have a very great affect on these people.

Originally Posted by cooldolphins

I heard they are meeting for dinner later (or have already!! 9 hour difference?) Perhaps they ATE duck.

I'm not sure if the ate duck, I think when Mr Cheney is around, someone yelled "DUCK!" Are there any ducks in the region?

Banks characterized activity eligibility in Iraq since the 1990s and there are a number of obstacles in its tracks banking, private banks suffering from the result of modest financial resources and limited ability to interact with the data bank of modern technology.


Especially in the light of the high Asaaralamadat and modern methods in real terms compared to the resources of these banks and private banks facing limited interaction with foreign banks and this led to a large information gap and that it lacks what might be called historical depth, which enables it to employ banking relationships precedent for use during the contemporary stage, and one of the most prominent aspects of the suffering of private banks in providing expertise and technical strength is its dependence on elements Bank (Rafidain and Rasheed), particularly those who have completed their services schemes and then moved to work in private banks or who resign for any reason, and this Cadres though experienced in the field of banking (public sector), but lack the work requirements Al-Serafi talk has led excessive reliance on the banking sector tables year to a state of strong competition between private banks to make such Cadres regardless of whether caused by complications related to the banks However, it managed private banks Iraqi Since its founding contribution in the provision of services bank to the Iraqi economy, although this contribution was modest in both activity and attract liquidity individuals and companies in the field or to provide them with credit facilities, a situation of great disparity between the levels of private banks, the result of different experiences and competencies departments of these institutions.



واليوم، اذ اخذت التغيرات طريقها الى تصحيح الاختلالات الاقتصادية...
[COLOR= "Red"] Today, as the changes are the way to correct economic imbalances ... [/color]
فان تحركا بدا واضحا في مجال السعي نحو الشراكة مع المؤسسات المالية العالمية مستغلة دخول قانون الاستثمار الجديد حيز التطبيق ما يشير الى ان القادم من الايام سيشهد تطورا ملحوظا في اداء القطاع المصرفي الاهلي وهذا ما يعول عليه في اقحام القطاع الخاص في الانشطة الاقتصادية وبما يفرز الانتقال من الاقتصاد الشمولي الى اقتصاد السوق.
The move seemed clear in the pursuit of partnership with global financial institutions advantage entering new investment law into practice shows that the next few days will see a noticeable improvement in the performance of the banking sector and this is what the National reliable to involve the private sector in economic activities and to sort out the transition from the totalitarian economy to a market economy.
Translated version of http://www.alsabaah.com/ =ar%7Cen&hl=en&ie=UTF-8&oe=UTF-8&prev=%2Flanguage_tools

Am I reading this right !!!! The NEW Foriein Invesment Law was implemented today !!!!! ??

And NO Rate yet today ??? hmmmmmmmmm :)

Originally Posted by RollsRoyce

Yeah . . . LOL . . . you're obviously a faster typist . . . I've been trying to make heads or tails out of it since 7 this am . . .

All's good . . . glad you found it too . . . makes me feel a bit better about what they are saying . . .

Best to you & all . . . RR . . .

oK, MY FEELINGS ARE HURT SNIFF SNIFF, I POSTED THAT LAST NITE PEOPLES, lol

Originally Posted by oldskiier

Banks characterized activity eligibility in Iraq since the 1990s and there are a number of obstacles in its tracks banking, private banks suffering from the result of modest financial resources and limited ability to interact with the data bank of modern technology.


Especially in the light of the high Asaaralamadat and modern methods in real terms compared to the resources of these banks and private banks facing limited interaction with foreign banks and this led to a large information gap and that it lacks what might be called historical depth, which enables it to employ banking relationships precedent for use during the contemporary stage, and one of the most prominent aspects of the suffering of private banks in providing expertise and technical strength is its dependence on elements Bank (Rafidain and Rasheed), particularly those who have completed their services schemes and then moved to work in private banks or who resign for any reason, and this Cadres though experienced in the field of banking (public sector), but lack the work requirements Al-Serafi talk has led excessive reliance on the banking sector tables year to a state of strong competition between private banks to make such Cadres regardless of whether caused by complications related to the banks However, it managed private banks Iraqi Since its founding contribution in the provision of services bank to the Iraqi economy, although this contribution was modest in both activity and attract liquidity individuals and companies in the field or to provide them with credit facilities, a situation of great disparity between the levels of private banks, the result of different experiences and competencies departments of these institutions.



واليوم، اذ اخذت التغيرات طريقها الى تصحيح الاختلالات الاقتصادية...
[COLOR= "Red"] Today, as the changes are the way to correct economic imbalances ... [/color]
فان تحركا بدا واضحا في مجال السعي نحو الشراكة مع المؤسسات المالية العالمية مستغلة دخول قانون الاستثمار الجديد حيز التطبيق ما يشير الى ان القادم من الايام سيشهد تطورا ملحوظا في اداء القطاع المصرفي الاهلي وهذا ما يعول عليه في اقحام القطاع الخاص في الانشطة الاقتصادية وبما يفرز الانتقال من الاقتصاد الشمولي الى اقتصاد السوق.
The move seemed clear in the pursuit of partnership with global financial institutions advantage entering new investment law into practice shows that the next few days will see a noticeable improvement in the performance of the banking sector and this is what the National reliable to involve the private sector in economic activities and to sort out the transition from the totalitarian economy to a market economy.
Translated version of http://www.alsabaah.com/ =ar%7Cen&hl=en&ie=UTF-8&oe=UTF-8&prev=%2Flanguage_tools

Am I reading this right !!!! The NEW Foriein Invesment Law was implemented today !!!!! ??

And NO Rate yet today ??? hmmmmmmmmm :)

ALL I AM SEEING IS THE BANKING PART FLASHING AT ME, LOL.........COULD THIS BE IT??? OR SHOULD I STOP YELLING NOW AND LAY OFF THE COFFEE LOL

Originally Posted by rvalreadydang

ALL I AM SEEING IS THE BANKING PART FLASHING AT ME, LOL.........COULD THIS BE IT??? OR SHOULD I STOP YELLING NOW AND LAY OFF THE COFFEE LOL

Coffee? Who needs coffe with a post like the one above. Me thinks you might want to put a little something in that coffee to celebrate.

But...the CBI isn't in the Green Zone...is it...as I read an article that the Ministries are scattered about...outside the Green Zone....So, power was only out in the Green Zone and as been restored after a few hours....They should have gone to Sears...they have portable generators on sale...

ONE Question...

When the rate is changed it will be pegged against the dollar so it can not float up or down but only be adjusted +- 4%...Isn't that correct???

So, if the come in at a low rate they are more or less stuck there without re-applying to the IMF and repeating this whole process over again....

Why hasn't anyone mentioned that???