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  1. #29011
    Senior Member PlatanoKing's Avatar
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    Quote Originally Posted by Jola View Post
    I JUST LOOKED UP THE PRESIDENT'S RIGHT TO RATIFY LAWS IN IRAQI CONSTITUTION.


    It look slike any law ratified by president IS ENACTED, but will go in full in 15 days:
    ARTICLE 70, C: PRESIDENT HAS THE POWERS TO:...
    C. To ratify and issue the laws enacted by the Council of Representatives. Such laws are considered ratified after fifteen days from the date of receipt.


    So, yes, I think the Investment Law IS OFFICIAL ( by presidential decree or something like that), it has been made public / people have been informed by official press release, however, it will go in effect in 15 days...

    Also Article 58 says

    Article 58:

    The Council of Representatives specializes in the following:

    First: Enacting federal laws.
    Second..yaddayada

    The press release starts:
    Council issued a presidential distinguished Investment Law No. (13) of 2000, Based on the approved by the House of Representatives, following is the text of the law :
    The Iraqi Parliament passed the new investment law which opens the Iraqi economy to investors globally on or about 10 October 2006 the FIL was also sent to the President to be ratified around the same time.

    New law aims to open Iraqi economy to foreign investors | Iraq Updates

    If I remember right we waited for the FIL to be a announced around the 15 of November but they never announced.

    From the new iraqi constitution: Iraq Investment and Reconstruction Task Force

    Article 129:
    Laws shall be published in the Official Gazette and shall take effect on the date of their publication, unless stipulated otherwise.

  2. #29012
    Investor Vipor's Avatar
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    Quote Originally Posted by Lr4bama View Post
    I realize that this is not necessarily dinar related but then again.....

    Do you think that maybe he knows something is about to happen? Could be!!

    Money News:- Bank of America Finance Chief Resigns - AOL Money & Finance
    Hmmm.. avoiding conflict-of-interest maybe?

    Man, come on rv. I'm ready to quit my job. Tired of corporate politics.

  3. #29013
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    ARTICLE 70, C: PRESIDENT HAS THE POWERS TO:...
    C. To ratify and issue the laws enacted by the Council of Representatives. Such laws are considered ratified after fifteen days from the date of receipt.
    Can no one answer this one for me? I don't see this saying we have 15 more days to wait. It says the laws are considered ratified after 15 days, wasn't every article yesterday saying that it is ratified? So, we were done with the 15 day waiting period as of yesterday. Am I wrong or what???? Where are people getting this extra 15 days from????

  4. #29014
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    Quote Originally Posted by neno View Post
    1. NO.

    2. Think So.

    3. Definently!!!!!!!!!!!

    4. Great Possibility,
    shouldn"t the answer to 1 be YES? I swear if this doesn"t RV soon I will lose whats left of my mind

    --------------------------------------------------------------------------------

    Quote:
    Originally Posted by MrsCK
    THANK YOU THANK YOU - was working up a post just like this but keep losing satelite - the word GAZETTE does not mean a WEBSITE even thou this is 2006 and we think every house in the world has internet!! One Iraq newspaper even states on the home page "Official Gazette of Iraq" because GAZETTE MEAN NEWSPAPER so the Iraqi people that don't have internet CAN READ WHAT IS HAPPENING WITH THE GOVERNMENT.


    Please see Mrs CK and Platonoking"s combined post on page 22 post #212

  5. #29015
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    Cool I will say this......

    Quote Originally Posted by Lr4bama View Post
    I realize that this is not necessarily dinar related but then again.....

    Do you think that maybe he knows something is about to happen? Could be!!

    Money News:- Bank of America Finance Chief Resigns - AOL Money & Finance
    Something Big is going on with BofA. They have not yet traded the Dinar, and have teased that they would several times. Plus Wednesday they (BofA) purchased 28 Million Shares from one Billionair GM Share Holder for $800,000,000.00 I Tell ya. BofA is Gearing up for something. And I think it is the RUSH of IQD from Account Holders very soon.

  6. #29016
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    Default so what you're saying is

    Quote Originally Posted by frathousemicrowave View Post
    Can no one answer this one for me? I don't see this saying we have 15 more days to wait. It says the laws are considered ratified after 15 days, wasn't every article yesterday saying that it is ratified? So, we were done with the 15 day waiting period as of yesterday. Am I wrong or what???? Where are people getting this extra 15 days from????
    if you say this is true, we are closer to an RV than 15 days from now. I like that better. Go RV

  7. #29017
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    Cool Listen..

    Quote Originally Posted by Mike5200 View Post
    shouldn"t the answer to 1 be YES? I swear if this doesn"t RV soon I will lose whats left of my mind

    --------------------------------------------------------------------------------

    Quote:
    Originally Posted by MrsCK
    THANK YOU THANK YOU - was working up a post just like this but keep losing satelite - the word GAZETTE does not mean a WEBSITE even thou this is 2006 and we think every house in the world has internet!! One Iraq newspaper even states on the home page "Official Gazette of Iraq" because GAZETTE MEAN NEWSPAPER so the Iraqi people that don't have internet CAN READ WHAT IS HAPPENING WITH THE GOVERNMENT.


    Please see Mrs CK and Platonoking"s combined post on page 22 post #212
    Yes to be Official. But the question was, "It has been posted in the Gazette"?

    No.

  8. #29018
    Senior Investor $onedaysoon$'s Avatar
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    Quote Originally Posted by Lr4bama View Post
    I realize that this is not necessarily dinar related but then again.....

    Do you think that maybe he knows something is about to happen? Could be!!

    Money News:- Bank of America Finance Chief Resigns - AOL Money & Finance
    I like your thinking lol

    welcome to the club
    Central Bank of Iraq concluded many agreements with the World Bank and the International Monetary Fund and the Paris Club countries, which seeks to restore Aldenarlemkanth (THE DINAR) as it was in previous decades 3/13/2007

  9. #29019
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    Originally Posted by frathousemicrowave
    Can no one answer this one for me? I don't see this saying we have 15 more days to wait. It says the laws are considered ratified after 15 days, wasn't every article yesterday saying that it is ratified? So, we were done with the 15 day waiting period as of yesterday. Am I wrong or what???? Where are people getting this extra 15 days from????


    FHMW that is a very good point. The news specifically said "ratified" didn't it !! It just gets so frustrating because they are so new at operating within a democracy that they forget they have statutes and regulations to abide by. I wonder if they have come to the mental position yet that if they let the "LAW" and it's prescribed time tables work for them they would be alot better off. Instread it seems they continue to revert to their old ways of doing business.

  10. #29020
    Senior Investor $onedaysoon$'s Avatar
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    Quote Originally Posted by coolhand009 View Post
    Can some one please answer a quick question?????

    Why no aution for two days??? Sorry if its been a repeated question, I don't have the time to go back and look for it. Please HELP

    ALOHA and MAHALO :)
    iraq weekend is friday and saturday.
    they attempted to have an auction on thursday but nobody showed up.
    Central Bank of Iraq concluded many agreements with the World Bank and the International Monetary Fund and the Paris Club countries, which seeks to restore Aldenarlemkanth (THE DINAR) as it was in previous decades 3/13/2007

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