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  1. #24531
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    Quote Originally Posted by billknows View Post
    Bankers probably know that a high percentage of cash holders in other countries will jump at even a low reval. After all, we're anything but sophisticated investors! The slick investors probably put their money in the ISX.

    As Mr. Knowles points out - the banks will draw out the "suckers" for the smallest reval possible and edge up in tiny increments to starve out cash holders that really need the money.

    Very likely, Mr. Knowles is quite well off and may in fact have sizable holdings in the ISX. His considerable knowledge puts him in the ranks of the educated elite - and any comments he makes are above questioning - except for the exercise of the intellect (so far as we can claim to posses it!)

    Personally, I remain highly optimistic!
    This is a troll- only 3 posts and already he's on my ignore list

  2. #24532
    Senior Investor pipshurricane's Avatar
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    Default South Koreans contribute to Kurdish parliament

    16 November 2006 (The Kurdish Globe)

    A ceremony attended by many high-level Kurdish and South Korean diplomats honored the South Korean government's donation of 30 cars and 10 buses to the Kurdistan Assembly.

    In the ceremony, the Secretary of the Kurdish parliament, Fersat Ahmad, gave his thanks to the South Korean government, the Zaiton forces, and the Kobka organization, for creating good will between Kurdistan and South Korea.

    Dr. Fuad Hussain, Chief of Staff of Kurdistan president Massoud Barzani, talked about jobs and activities that have been provided for the Zaiton forces, and explained that it has had a positive impact on the rebuilding of Kurdistan.

    He expressed his hope that the relationship between the two regions continue to advance, particularly in the maintenance and economical construction of Kurdistan.

    South Koreans contribute to Kurdish parliament | Iraq Updates

  3. #24533
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    Quote Originally Posted by billknows View Post
    Bankers probably know that a high percentage of cash holders in other countries will jump at even a low reval. After all, we're anything but sophisticated investors! The slick investors probably put their money in the ISX.

    As Mr. Knowles points out - the banks will draw out the "suckers" for the smallest reval possible and edge up in tiny increments to starve out cash holders that really need the money.

    Very likely, Mr. Knowles is quite well off and may in fact have sizable holdings in the ISX. His considerable knowledge puts him in the ranks of the educated elite - and any comments he makes are above questioning - except for the exercise of the intellect (so far as we can claim to posses it!)

    Personally, I remain highly optimistic!
    I will agree with you that Knowles seems to have a lot to offer with his thoughts on this subject, but I don't think anyone is above anyone else on this forum. This statement you made is just foolish!!!
    Please....Get out of his butt!!!

  4. #24534
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    Thumbs up U.S. Kills 9 Suspected Al-Qaeda in Iraq

    BAGHDAD, Iraq, 16 November 2006 (Associated Press)

    U.S. forces killed nine suspected al-Qaeda in Iraq insurgents during a raid in a rural area south of Baghdad on Thursday, and more than 1,000 Iraqi soldiers launched a military operation in northern Iraq with American air and artillery support.

    Deadly attacks continued in the capital, with suspected insurgents and militias using guns, bombs and mortar shells to kill 15 Iraqis. And the U.S. Army announced that four soldiers had died in combat this week.

    In Youssifiyah, a rural area 12 miles south of Baghdad, U.S. soldiers were conducting a raid and telling civilians to exit buildings when they saw several armed men in a nearby wooded area, the military said. The soldiers called in air support that killed nine suspected al-Qaeda in Iraq insurgents, several of whom were wearing explosive vests, the military said.

    The soldiers detained nine other suspected insurgents during the raid, the military said.

    The military also said that more than 1,000 Iraqi soldiers had begun conducting a military operation aimed at clearing several villages of suspected insurgents and their weapons caches near the northern city of Kirkuk.

    The cordon-and-search operation, which began Wednesday, relied on the support of U.S. air and artillery from a nearby military base and was taking place in the Zytoon and Rashad valleys, about 25 miles south of Kirkuk.

    Iraqi soldiers planned to remain in the area after the operation to protect Iraqi civilians and to deny insurgents sanctuary in the area, the military said.

    A central U.S. goal is training Iraqi forces to take control of areas so that American forces can withdraw to bases or send more soldiers to hard-hit areas such as Baghdad.

    In Thursday's deadliest attack in the capital, gunmen opened fire on a bakery, killing nine people, police said.

    Such attacks are usually carried out by Sunni-Arab militants, as most of the bakeries in the city are run by Iraqis from the country's Shiite majority.

    Those killed in the shooting at 7:30 a.m. in Baghdad's eastern neighborhood of Zayouna included employees of the al-Rafidain Bakery and its customers, said police Capt. Mohammed Abdel-Ghani.

    "The gunmen stormed into the bakery and killed workers while they were baking. They had done nothing bad," said one man who joined other local residents outside the small store after the attack. He spoke on condition of anonymity out of concern for his own safety.

    Four civilians and two Iraqi policemen also died in six other attacks in Baghdad on Thursday morning. At least 18 people were wounded.

    Police also said the bullet-riddled, blindfolded bodies of four Iraqis were found in two locations of eastern Baghdad at 11 p.m. Wednesday and 6:30 a.m. Thursday. Each victim had been tied up and tortured.

    Scores of Iraqis are kidnapped and killed in this fashion each week in cities such as Baghdad, by militias, insurgents or common criminals seeking ransoms.

    The U.S. military said four soldiers had been killed and two wounded during combat operations in Iraq earlier in the week.

    Three Task Force Lightning soldiers assigned to 3rd Brigade Combat Team, 1st Cavalry Division, were killed on Wednesday in Diyala province in northeastern Iraq, one by small-arms fire and two by a roadside bomb, the military said. The bomb also wounded two soldiers.

    On Tuesday, a service member from the Army's Multinational Corps-Iraq was killed by small-arms fire during an operation in Baghdad, the military said.

    The killings raised the number of American war dead to 2,862.

    So far this month, 44 American service members have been killed or died in Iraq.

    U.S. Kills 9 Suspected Al-Qaeda in Iraq | Iraq Updates

  5. #24535
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    Default Voices of Iraq: Iraq-Currency

    Posted by: saleem on Thursday, November 16, 2006 - 12:56 PM
    Iraq-Currency
    Lower demand for dollars in Iraqi Cenbank daily auction
    Baghdad, Nov 16, (VOI) – Demand for dollars was $25 million lower in the Iraqi central bank daily auction on Thursday, reaching $39.945 million compared to almost $64.960 million on Wednesday.
    The central bank covered all bids received from local banks which were $14.745 million in cash and $25.200 million in foreign transfers.
    The exchange rate was at 1,454 dinars per dollar, one tick lower the previous session.
    None of the 12 banks participating at Thursday’s session offered to sell dollars.
    The Iraqi central bank runs a daily auction on Sunday through Thursday.


    Iraq-Currency :: Aswat al Iraq :: Aswat al Iraq

  6. #24536
    Senior Investor Inscrutable's Avatar
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    Quote Originally Posted by frathousemicrowave View Post
    I will agree with you that Knowles seems to have a lot to offer with his thoughts on this subject, but I don't think anyone is above anyone else on this forum. This statement you made is just foolish!!!
    Please....Get out of his butt!!!
    LOL, I have a strange feeling we're being Munsoned.

  7. #24537
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    Default Victory For Iraq

    Iraq has its back against the wall, Iraq needs a touchdown a fieldgoal wont win them anything at this point.THATS MY STORY AND I AM STICKING TO IT!!!!!!!!!!!

  8. #24538
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    Changes in govt soon

    ANKARA (AFP)
    Iraqi Prime Minister Nuri Al-Maliki said yesterday that he would make "minor" changes in the composition of his government in the coming days.
    "There is work under way on that at the moment," Maliki told reporters on a visit to Turkey when asked about a possible government reshuffle.
    "There will be no fundamental changes, but only very minor ones soon," he said through an interpreter.
    Maliki said he was discussing the changes with "all groups involved in politics" in Iraq, adding that the new ministers would be "mostly technocrats and experts."
    The embattled Maliki, on a visit to Ankara, spoke as his Shia-led unity government appeared to be plunging into crisis amid mounting violence.
    Earlier yesterday, Higher Education Minister Abed Dhiab Al-Ujaili, a Sunni Arab, said "there is no effective government" in Baghdad after dozens of hostages were seized from the education ministry and some were killed.
    Ujaili said he was stepping down from the government until it secures the release of all hostages and takes action against Shiite militias suspected of infiltrating the security forces to carry out kidnappings and murders.

  9. #24539
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    i appoligize for my simple analogy ,but i dont have th knowledge of MR KNOWELS and some of you wiser investors but i think you get my point

  10. #24540
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    Quote Originally Posted by sallyl View Post
    Wasn't that where the car bomb was set off yesterday?
    I saw it on Sky News and thought the name seemed familiar.
    Al Rasheed is where the majority of banks are located and VBIEDs are frequent, so it is entirely possible.

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