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

Is this the article 8 that we've been waiting on? YAHOO
Article VIII the link Articles of Agreement: Article VIII - General Obligations of Members


Sounds like December 31st just went bye, bye to October 31st!!!YAHOO!!!!!!
They met in June and extended the mandate until Dec 31, 2006.
This meeting in October will allow them to rescind resolution 1483 and Sign article VIII


Sounds like October 31st is reval day!!!!YAHOO!!!!!!
The Iamb has currency restrictions on Iraqs funds that come from Petroleum sales.. sec 2 a . Once these are lifted Iraq can trade Internationally

AND FOR THE GRAND FINALE!!!!!!! Just in time for midterm elections!!!!!!!! DOUBLE WOOT!!!!WEEEEEEEEEE!!!!!!!!!!!!!!!!!!!!!

Originally Posted by Dinar Duchess

eBay.co.uk: 1 Million Iraqi Dinars (item 280040806201 end time 25-Oct-06 14:20:21 BST)

What do you make of this listing on ebay. I questioned the guy and told him there is no million iraqi dinar note, and he has replied that there is. I'm confused.

The real answer is to take a look at the category it's listed in:

Listed in category: Coins > Banknotes > Novelty/ Replica Banknotes

He obviously knows its a fake...

Ken

Originally Posted by cigarman

Is this the article 8 that we've been waiting on? YAHOO
Article VIII the link Articles of Agreement: Article VIII - General Obligations of Members


Sounds like December 31st just went bye, bye to October 31st!!!YAHOO!!!!!!
They met in June and extended the mandate until Dec 31, 2006.
This meeting in October will allow them to rescind resolution 1483 and Sign article VIII

Sounds like October 31st is reval day!!!!YAHOO!!!!!!
The Iamb has currency restrictions on Iraqs funds that come from Petroleum sales.. sec 2 a . Once these are lifted Iraq can trade Internationally

...just thought I'd highlight a couple things ciggyman!

Originally Posted by spice12

Thanks for Sharing that. You should hang on to those. I bet they'll be a collectors item.

They use those during most deployments. I always hated getting them.


Give me COINS!!

Originally Posted by cigarman

Is this the article 8 that we've been waiting on? YAHOO
Article VIII the link Articles of Agreement: Article VIII - General Obligations of Members


Sounds like December 31st just went bye, bye to October 31st!!!YAHOO!!!!!!
They met in June and extended the mandate until Dec 31, 2006.
This meeting in October will allow them to rescind resolution 1483 and Sign article VIII


Sounds like October 31st is reval day!!!!YAHOO!!!!!!
The Iamb has currency restrictions on Iraqs funds that come from Petroleum sales.. sec 2 a . Once these are lifted Iraq can trade Internationally

AND FOR THE GRAND FINALE!!!!!!! Just in time for midterm elections!!!!!!!! DOUBLE WOOT!!!!WEEEEEEEEEE!!!!!!!!!!!!!!!!!!!!!

Link please!

I was tooling around with this "Yazzmen" word in google and they suggested "Yasmeen". So I tried it with "rate" and got this...

Money laundering - The hawala alternative remittance system

The use of the word "Yasmeen" refers to a name but...reading this article...well...I don't know ????? what to make of it. I think its what were looking for, but how to apply it to the CBI article? Remember the post I made a few days ago about the "Big Heads"? :
http://www.rolclub.com/iraqi-dinar-d...tml#post124566
Wonder if this is all connected somehow? Any thoughts?

Cheers!
DayDream

Originally Posted by AlwaysDreaming

This is from Paynes1 at IIF....I'm not sure if many checkout the "Marshall Plan" thread but I find this very interesting and it links news so I thought I would post it here for everyone. Hope it was ok to do this.



Has this meeting taken place? Anyone
International Advisory and Monitoring Board for Iraq (IAMB) -- An audit oversight body for the Development Fund for Iraq (DFI) -- Meeting Schedule The october 31 meeting.

The security council Resolution 1483

The DFI was established pursuant to United Nations Security Council Resolution 1483 and holds the proceeds of petroleum export sales from Iraq, as well as remaining balances from the UN Oil-for-Food Program and other frozen Iraqi funds. Disbursements from the DFI must be used for the benefit of the Iraqi people, and are directed by the Coalition Provisional Authority, in consultation with the Iraqi interim administration.

The link International Advisory and Monitoring Board for Iraq (IAMB) -- An audit oversight body for the Development Fund for Iraq (DFI)

The security council resolution 1637.
http://www.iamb.info/pdf/unsc1637.pdf
3rd pg #3. decides to extend 31 dec 2006 the arrangements established in paragraph 20 of the resolution 1483 for depositing into th delvopment fund for Iraq of proceeds from the export sales of petroleum, petroleum products, and natural gas.............................

#4 the Internationl advisory and monitoring board shall be reviewed at the request of the goverment of Iraq no later than 15, June 2006.

They met in June and extended the mandate until Dec 31, 2006.
This meeting in October will allow them to rescind resolution 1483 and Sign article VIII

Article VIII the link Articles of Agreement: Article VIII - General Obligations of Members

Section 2. Avoidance of restrictions on current payments
(a) Subject to the provisions of Article VII, Section 3(b) and Article XIV, Section 2, no member shall, without the approval of the Fund, impose restrictions on the making of payments and transfers for current international transactions.

(b) Exchange contracts which involve the currency of any member and which are contrary to the exchange control regulations of that member maintained or imposed consistently with this Agreement shall be unenforceable in the territories of any member. In addition, members may, by mutual accord, cooperate in measures for the purpose of making the exchange control regulations of either member more effective, provided that such measures and regulations are consistent with this Agreement.

The Iamb has currency restrictions on Iraqs funds that come from Petroleum sales.. sec 2 a . Once these are lifted Iraq can trade Internationally.

Has anyone confirmed this OCT 31 meeting? If it's true it's a big deal......


Also thanks folks for your efforts here I appreciate it....

Originally Posted by wciappetta

Has anyone confirmed this OCT 31 meeting? If it's true it's a big deal......


Also thanks folks for your efforts here I appreciate it....

International Advisory and Monitoring Board for Iraq (IAMB) -- An audit oversight body for the Development Fund for Iraq (DFI) -- Meeting Schedule

Originally Posted by frathousemicrowave

International Advisory and Monitoring Board for Iraq (IAMB) -- An audit oversight body for the Development Fund for Iraq (DFI) -- Meeting Schedule

IAMB Meeting Schedule

Venue Date
1. New York December 5, 2003
2. Washington, D.C. December 22, 2003
3. Washington, D.C. February 12–13, 2004
4. Kuwait March 17–18, 2004
5. New York April 22–23, 2004
6. Washington, D.C. May 24–25, 2004
7. Paris June 21–22, 2004
8. Washington, D.C. July 14–15, 2004
9. Kuwait September 7–8, 2004
10. New York October 11–12, 2004
11. Washington, D.C. December 6–7, 2004
12. Paris April 17–18, 2005
13. Amman October 4–5, 2005
14. New York December 28–29, 2005
15. Paris January 23, 2006
16. Washington, D.C. May 30–31, 2006
17. New York July 17–18, 2006
18. October 30–31, 2006



Oct. 30-31 has no venue

More on these confounding words from the CBI Article:

Marazi is actually Marazzi....you can read this article for a basic idea of it:

Board of Governors of the Federal Reserve System International Finance Discussion Papers Number 833 April 2005

And this:

Have U.S. Import Prices Become Less Responsive to Changes in the Dollar?

So in effect...this Marazzi policy will have to do with Susie's find today:

The rise in the value of the Iraqi currency against the dollar would reduce the value of imports, and raising the value of exports.As exports are negligible, the economy will benefit from the policy of raising the rate of the Iraqi dinar. He emphasized that this action has positive effects, when used with other procedures, the most important financial policy, which is based on controlling public spending, The use of fiscal policy to reduce the cash, They are difficult to apply.


Cheers!
DayDream