Thread: Iraq/Dinar News. 09/05 to 01/14/07

Originally Posted by neno

Baghdad Time: 02:23pm, 10/12/2006 ~ market is closed | $1 USD = 1470.63 IQD ^

market doesnt have to be open for it to revalue btw.

we've gone from 30 viewing threads to 65 in the last 5 mins.

Originally Posted by shotgunsusie

did anyone notice the headline in iraqi presidency news headlines i posted a bit ago... "Oil Investment confirm only 20 Mashari " from Morning paper which is al sabaah. i havent found the story tho.

ok, 'OIL INVESTMENT CONFIRM ONLY 20', THE 20TH DAY OF RAMADAN IS TOMORROW THE 13TH. I THINK WE ARE GOING TO GET OUR OIL INVESTMENT LAW CONFIRMATION TOMORROW!!!!!!

Great news as always, well done gang, we have a top family on here. Excellent news posts, opinions, up to date articles and very few naysayers!

Thanks to everyone.

On a side note obviously I'd love it to reval today but I do feel we're waiting on the Hydrocarbon Law. Terrific we now have the Territories Law as well. They really are on a roll!!! Hydrocarbon Law end of next week and we're home and dry.....

Also I notice the dreaded reprint and lop has been brought up again for FACKS SAKE. This is not an option. The IMF and World Bank would not support a lop. Iraq has to abide by the IMF and they have said no lop. A phone call was made to someone at the IMF who even stated it wouldn't happen.....

Iraq needs to control the inflation now, how long do you think a reprint and lop would take?! It doesn't serve any positive steps at all and would no give their people any more buying power which they need with this currency by way of a r/v. A reprint and lop would fack the US, UK and everyone else off who has forgiven debt. The US would pull out straight away and the results would be disastrous.

The Mof mentioned this back in the summer and it was poo pooed.

Conclusion:

There's more chance of Saddam Hussain running naked across the White House lawn shouting 'Im back in charge of Iraq' than there is of a reprint/lop.

if it's 2:23pm in Baghdad, the meeting is in progress?

Originally Posted by shotgunsusie

ok, OIL INVESTMENT CONFIRM ONLY 20, THE 20TH DAY OF RAMADAN IS TOMORROW THE 13TH. I THINK WE ARE GOING TO GET OUR OIL INVESTMENT LAW CONFIRMATION TOMORROW!!!!!!

YEAH ! do you have a link?

Originally Posted by AlwaysDreaming

if it's 2:23pm in Baghdad, the meeting is in progress?

it is right now 1:47pm baghdad

Originally Posted by AlwaysDreaming

if it's 2:23pm in Baghdad, the meeting is in progress?

I have that it's only 1:48 in bagdad so not yet.

Originally Posted by Hope Full

YEAH ! do you have a link?

BACK A COUPLE PAGES, IRAQI PRESIDENCY NEWS OF THE DAY HEADLINES. 'MORNING' NEWSPAPER LISTING.

Originally Posted by Adster

Conclusion: There's more chance of Saddam Hussain running naked across the White House lawn shouting 'Im back in charge of Iraq' than there is of a reprint/lop.

That's a good one.....