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

Gee, Susie, no wonder you've got such a swelled head when God keeps rearranging the world just to tell you something!

I say we should chip in and get this guy some help - he's lost it!

Originally Posted by greatstuff

Gee, Susie, no wonder you've got such a swelled head when God keeps rearranging the world just to tell you something!

I say we should chip in and get this guy some help - he's lost it!

what slays me is the ego stone throwin with a name like that.

just remember, the cbi site being down has NOTHING to do with a revalue of the dinar. LMDAO BAD!!!!!!

(grabs jane by the arm and starts to swing around the room yellin, weeeeeeeee!!!!!)

[QUOTE=ozizoz;125430]I received this email today from a dealer I have done business with ONE time in the past . . .I wanted to post this and get feedback. I will leave my 2 cents out and let you all have a go at it.


$2 billion dollars worth of dinars huh. This guy must be smoking something good, I want some of that. $2B is almost 3 trillion dinars! That's 120 million 25,000 dinar bills. It's funny how some of these people try to create a scam without even making a good effort to make it believable. They dont' even have a clue on the magnitude of $2B. Too much drugs dumbs the brain.

Wow. The brain seems more like an ass... Susie, I appreciate all you bring to this forum. Let me know when you make it to Honolulu. I'll buy you a beer, or 39!!!

Originally Posted by mike brown

from the ozizoz post

Coincidentally a reprint was done at the 3 year mark in Kuwait also. Kuwaiti citizens were given 180 days to trade their currency, but no foreigners were allowed to.

is this a true statement peoples?

FALSE, the currency declined in value when Iraq attacked, then when the threat was over it regained its value back to normal, never a new currency in kuwait.

[QUOTE="GK";125475][QUOTE=ozizoz;125430]I received this email today from a dealer I have done business with ONE time in the past . . .I wanted to post this and get feedback. I will leave my 2 cents out and let you all have a go at it.


$2 billion dollars worth of dinars huh. This guy must be smoking something good, [B]I want some of that[/B]. $2B is almost 3 trillion dinars! That's 120 million 25,000 dinar bills. It's funny how some of these people try to create a scam without even making a good effort to make it believable. They dont' even have a clue on the magnitude of $2B. Too much drugs dumbs the brain.[/QUOTE]
[SIZE="2"]share??? [/SIZE]

This is from Al Sabaah (economic section)


Economic :call for restructuring Iraqi banks to activate their role in the processes of construction and development in Baghdad Yasser incumbent economic expert revealed that the banking system in Iraq is suffering from deficiencies in the performance of its core functions, stressing the need for restructuring government banks.He said Dr Maged fictitious expert at the Central Bank of Iraq in an interview with the (morning) on the role of banks in the economic reform :the fundamental task of restructuring the banks are improving their performance in order to provide banking services to the government, institutions and individuals in accordance with the requirements of the development of the economy.The picture also emphasized that the banking sector plays an important role in economic relations and international financial, it enjoys considerable international attention,He pointed out that the banking sector needing care and responsibility in the implementation of these transactions.He said :Therefore, the main objective of the restructuring is to eliminate the problems of the banks to ensure the functioning of the domestic and international dealings.The tasks of restructuring main factors first.The existence of a genuine political will and clear and transparent for this process,There is a need for a restructuring process in a timely manner and the period of relative calm financial and banking activity.The second task in financial restructuring, which includes the commitment to the minimum capital for the banks.If the transition to broad international activity, it should increase the capital to contain higher levels of new capital as well as the revision in the credit portfolio and the improvement and development of management commitment and regulations, instructions and procedures.Dr. Magid pointed to the need to ease the liabilities of banks and convert what could be converted into a capital increase,The restructuring of the requirements of the banking activity to reconsider the type of services provided and developed and implemented as soon as possible and strengthen internal controls and compliance monitoring and policy-making required in accordance with the Banking Act and the regulations of the Central Bank and the instruction of the Governing Council,as well as reducing operational costs and the use of modern means of providing banking services.So counting nominal subject to review and specialized banks merged bank and one specializing in the development of industry and agriculture-related projects together.One of the requirements for restructuring government banks.He called for the capital increase until a half billion dollars in order to be able to deal with the new tasks of the current stage of economic development and the exploitation of part of the oil resources allocated to this development,in order to develop the industrial and agricultural activities in small and medium-sized enterprises and to be a center for attracting foreign investments in collaboration with the implementation of these projects, even big ones.He concluded by saying that the restructuring of banks requires action by a plan of action and thought seriously by all of them to these banks are in a state represented by the Ministry of Finance, as the sole owner of these banks and the Central Bank of Iraq as the supervisor of the banking activity and the more specialized in assessing thesea activity and said :without a combination of these bodies and to support the government it is impossible to complete the task of restructuring government banks drastically. He pointed out that the restructuring will do the role of banks in the process of reconstruction and development.


I think the fat lady is warming up backstage...

The state department reports:

"The CBI has begun slowly appreciating the dinar in response to rampant inflation over the past year."

Russia said: Currency clause! What is it?

Currency clause
A contractual provision regarding payment where the buyer makes payment in his currency at a certain exchange rate with the seller's local currency. In another currency within a certain exchange rate band with his currency. In some other currency up to a maximum percentage change in that currency's exchange rate with his currency. Or payment is made In the seller's currency at a certain exchange rate with the buyer's currency. In another currency within a certain exchange rate band with the seller's currency. In another currency up to a maximum percentage change in that currency's exchange rate with the seller's currency.

Russia said: Lifting all restrictions of the Ruble!

Russia said: Ruble oil exchange! When is it? Jan 2007.

Iraq investment law said: Investors can open accounts in Iraqi or foreign currency, inside or outside Iraq.

Maliki renews his call for reconciliation and stresses that the arms in the hands of the state alone

سياسي/عراق/سلاح/مالكيPolitical / Iraq / weapons / owners
المالكي يجدد دعوته للمصالحة ويشدد على ان يكون السلاح بيد الدولة وحدهاMaliki renews his call for reconciliation and stresses that the arms in the hands of the state alone

بغداد - 23 - 10 (كونا) -- جدد رئيس الوزراء العراقي نوري المالكي اليوم دعوته الى المصالحة الوطنية وازالة أي احتقان من شأنه تعكير أجواء الوحدة والتماسك بين العراقيين.Baghdad-10-23 (KUNA) -- new Iraqi Prime Minister Nuri al-Maliki today call for national reconciliation and to remove any congestion that would spoil the atmosphere of unity and cohesion among the Iraqis.

واكد المالكي في برقية تهنئة للشعب العراقي بمناسبة حلول عيد الفطر المبارك عزمه على "مواصلة الطريق في العملية السياسية التي تضم جميع اطياف الشعب ومكوناته والتمسك بالنهج الديمقراطي ومكافحة الارهاب والفكر التكفيري الدخيل".The Maliki in a telegram of congratulation to the Iraqi people on the occasion of the Eid al-Fitr holiday that he intends to "continue the way in the political process, which includes all sects and components, to adhere to the democratic process and the fight against terrorism and the alien ideology than an organization."

وشدد المالكي على "القضاء على المظاهر المسلحة ليكون السلاح بيد الدولة وحدها متمثلة بقواتنا الأمنية من أجل مسقبل آمن يصان فيه الوطن وتحترم فيه حقوق المواطنين على أساس القانون والعدالة الاجتماعية".The Maliki "to eliminate armed manifestations of the weapons, however, the state alone represented to our security for the future of homeland security is safeguarded and respected the rights of citizens on the basis of law and social justice."

وتعهد بالعمل على تحسين الاقتصاد والبنى التحتية وتوفير فرص العمل والخدمات الأساسية ورفع المستوى المعيشي للمواطنين بما يضمن لهم الحياة الحرة الكريمة.He pledged to work to improve the economy, infrastructure and the provision of employment opportunities and basic services and raising the standard of living of citizens, guaranteeing them a free and dignified life.

وكانت الحكومة العراقية قد وجهت في وقت سابق اليوم انذارا لكل "القوى الحاملة للسلاح غير المشروع" واصدرت اوامر بهذا الصدد للقوات العراقية بوقف اي تجاوز على هيبة الدولة "ايا كان مصدره".The Iraqi government has accused Earlier in the day, warning the "forces of carrying illegal weapons" and issued orders in this regard of the Iraqi forces to stop any abuse of the prestige of the state "regardless of the source."

(النهاية)(End)

م ح غ / ا ع مM. H. g / ASG


كونا232056 جمت اوك 06KUNA 232056 GMT Oak 06

They know what they need to do to improve the economy (another article yesterday from the MoF) so what are they waiting for??

Originally Posted by clintstella

Maliki renews his call for reconciliation and stresses that the arms
كونا232056 جمت اوك 06KUNA 232056 GMT Oak 06

They know what they need to do to improve the economy (another article yesterday from the MoF) so what are they waiting for??

lets call adam and have him kick shabibis butt in london.