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  1. #12601
    Senior Member doublescorpio's Avatar
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    Default I am confused

    So the FIL is passed, I thought that went hand in hand with having a internationally exchangeable currency. how can they have foreign investors when their currency is still not international?

  2. #12602
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    Hang on. The FIL just passed, and in my opinion, they were pretty quiet about it before actually doing it, but the braniacs at this little 'ol site saw it comin.'..Don't fret. The Iraqi's seem to take 3 hits from their jewel covered hookahs (I believe Susie discovered this in her research) before making any decisions.
    Last edited by whatever; 10-10-2006 at 04:49 PM.
    " May the fleas of a thousand camels infest the armpits of any infidels who stand in the way of the $1.48 reval of our blessed Dinar."--Some Iraqi guy

  3. #12603
    Senior Investor shotgunsusie's Avatar
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    Quote Originally Posted by Onenomad View Post
    Hi thanks for the info just to make sure I understand this right and didnt miss anything. They have officially announced the FIL but there was no mention of RV or Dinar?
    if i remember correctly i read the fil some time back and found the paragraph that would be dealing with the currency value so it is tied to the fil in some capacity.
    JULY STILL AINT NO LIE!!!

    franny, were almost there!!

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    Senior Investor shotgunsusie's Avatar
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    Published: 10 October 2006 Every soldier serving in Afghanistan and Iraq will get a cash bonus to wipe out their tax bill, it was revealed today. Foreign prisoners offered cash to return home Published: 10 October 2006 Foreign criminals are to be off...
    The Independent Tue Oct 10 06:23:00 MDT 2006
    Independent Online Edition > World
    Last edited by shotgunsusie; 10-10-2006 at 04:57 PM.
    JULY STILL AINT NO LIE!!!

    franny, were almost there!!

  5. #12605
    Senior Member Pegasus's Avatar
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    I'm not fully versed on the requirements for a peg (despite my name!) Are we still looking for Article VIII acceptance? And...what about acceptance into the World Trade Organization?
    Last edited by Pegasus; 10-10-2006 at 04:55 PM. Reason: additional query

  6. #12606
    Senior Investor shotgunsusie's Avatar
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    Quote Originally Posted by Pegasus View Post
    I'm not fully versed on the requirements for a peg (despite my name!) Are we still looking for Article VIII acceptance?
    they are currently working on that now with the assistance of jordan. i posted an article a couple nights ago about jordan helping them with stuff and that was a little sentence buried at the bottom.
    JULY STILL AINT NO LIE!!!

    franny, were almost there!!

  7. #12607
    Senior Investor Adster's Avatar
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    NOW THIS GETS ME VERY EXCITED!!!

    Passing of the Hydrocarbon Law next week, got from inquisitive on IIF.

    A direct link is hard because of the translation. Google in.. Al Sabah News
    when you see the Arabic hit translate this page...then go to economic and you will see the article.





    Oil determine the conditions and mechanisms for dealing with private sector companies

    Baghdad Tarek Al-Araji
    The Oil Ministry issued instructions for the conditions and mechanisms for dealing with the private sector companies that would import oil derivatives, and according to the new investment law expected to pass early next week.
    Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.


    Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.

  8. #12608
    Senior Investor shotgunsusie's Avatar
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    scroll back about 30 pages, i posted all the economic articles from sabaah. lol
    Quote Originally Posted by Adster View Post
    NOW THIS GETS ME VERY EXCITED!!!

    Passing of the Hydrocarbon Law next week, got from inquisitive on IIF.

    A direct link is hard because of the translation. Google in.. Al Sabah News
    when you see the Arabic hit translate this page...then go to economic and you will see the article.





    Oil determine the conditions and mechanisms for dealing with private sector companies

    Baghdad Tarek Al-Araji
    The Oil Ministry issued instructions for the conditions and mechanisms for dealing with the private sector companies that would import oil derivatives, and according to the new investment law expected to pass early next week.
    JULY STILL AINT NO LIE!!!

    franny, were almost there!!

  9. #12609
    Senior Investor Adster's Avatar
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    Quote Originally Posted by shotgunsusie View Post
    scroll back about 30 pages, i posted all the economic articles from sabaah. lol
    No harm in seeing great news again though. :0)

    Don't forget folks, the gusstimate thread, pick up a free 50k dinar note for being the closest on rate and date.
    Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.


    Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.

  10. #12610
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    Quote Originally Posted by shotgunsusie View Post

    kuwait tried something like this back in the 90's after the 1st gulf war.. to my knowledge the US prohibited'd ( is that a word? ) it as it made us out to be merc's But i did hear stories about how they were given a new medal that was made of solid gold... but i cant confirm or deny that rumor..

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