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

mike Rob has some good questions there. I am likewise not to familiar with Investing. I will probably have close tto a half million Dinar to cash in I only need to use about 100,000 Dinar at the moment . but will want to invest in programs that will produce a profit and keep the taxmen away from investments and dinar that I will be holding onto. . Not to Investment savey, so maybe help from you, and Adster, and others with TRUE SOLID investments should be posted here. IF you have some REALLY honest and truely paying investments, that might/WILL come in handy as a residual Income. Please PM me or Post for all. Thanks, Just a suggestion, BOB

Originally Posted by robmccallum01

Hey all,
On another note, does anyone in here have one of those dream books that can tell what dreams mean? I have been having this one dream lately (more like a nightmare) that my house catches on fire and so I lose my house AND all the dinars that are hidden away in my bedroom. I keep having this dream then of course right after the fire, the dinar revalues at $1.12!!!!!! Am I dreaming this because we are just SO darn close to a revel or what?!?!?! AM I GOING CRAZY???????? Somebody help LOL.!!!!

Cheers all,

Rob

My interpretation of your dream is that you need to go get yourself a safe deposit box at your bank TODAY to safely tuck those dinars away in!!

Originally Posted by danny51

My interpretation of your dream is that you need to go get yourself a safe deposit box at your bank TODAY to safely tuck those dinars away in!!

Dreams are the subconscious mind telling you what it has noticed while you were busy concentrating on other matters and too busy to take notice of other specific and important matters. So, listen up, you're not talking to yourself, yourself is talking to you and most of the time yourself knows what its talking about.

Jul 20 2006 14:22

LONDON, July 20 (Reuters) - Iraq has concluded its programme to restructure Saddam-era commercial debt, having retired almost $20 billion over the past eleven months, one of the country's financial advisors Citigroup, said.

The bank said in a statement Iraq had completed the process after two rounds of debt-for-debt exchange, four rounds of cash buybacks and an arbitration process addressing previously unreconciled claims.

Almost 500 commercial claimants participated in the programme under which claims worth $19.7 billion against Iraq and Iraqi public sector entiities were retired, the bank said in the statement, sent on Wednesday.

Alnost 12,000 individual Saddam-era commercial claims were cancelled as a result of the process, it added.

"The enormous and unsustainable debt stock accumulated by the Saddam regime has now been reduced to the point that it will not deter the new investment needed to finance Iraq's economic reconstruction" Iraq's central bank governor Sinan al-Shabibi said in the same statement.

Last month, following an arbitration process, Iraq added $131 million to its 2028 2.6 billion eurobond, which was issued in January 2006 to restructure $14 billion worth of claims <IQ024029557=>.

The country also settled $2.7 billion worth of commercial clains in cash in February.

Citigroup and JP Morgan were Iraq's financial advisors for the debt restructuring. ((Reporting by Sujata Rao London newsroom +44 20 7542 6176 [email protected]))

http://www.noozz.com/Iraq/ViewArticl...ticleId=167237

does this indicate Dinar is closer to reval than it was yesterday?

Originally Posted by bob1940

does this indicate Dinar is closer to reval than it was yesterday?

Every day is a day closer bob. ;0)

Originally Posted by pipshurricane

Jul 20 2006 14:22

LONDON, July 20 (Reuters) - Iraq has concluded its programme to restructure Saddam-era commercial debt, having retired almost $20 billion over the past eleven months, one of the country's financial advisors Citigroup, said.

The bank said in a statement Iraq had completed the process after two rounds of debt-for-debt exchange, four rounds of cash buybacks and an arbitration process addressing previously unreconciled claims.

Almost 500 commercial claimants participated in the programme under which claims worth $19.7 billion against Iraq and Iraqi public sector entiities were retired, the bank said in the statement, sent on Wednesday.

Alnost 12,000 individual Saddam-era commercial claims were cancelled as a result of the process, it added.

"The enormous and unsustainable debt stock accumulated by the Saddam regime has now been reduced to the point that it will not deter the new investment needed to finance Iraq's economic reconstruction" Iraq's central bank governor Sinan al-Shabibi said in the same statement.

Last month, following an arbitration process, Iraq added $131 million to its 2028 2.6 billion eurobond, which was issued in January 2006 to restructure $14 billion worth of claims <IQ024029557=>.

The country also settled $2.7 billion worth of commercial clains in cash in February.

Citigroup and JP Morgan were Iraq's financial advisors for the debt restructuring. ((Reporting by Sujata Rao London newsroom +44 20 7542 6176 [email protected]))

http://www.noozz.com/Iraq/ViewArticl...ticleId=167237

Once we have our FI Law approved by parliament, tomorrow I would think now, then we have our r/v. This is immense news above, ALL debt forgiven, like it very much.....

Originally Posted by Adster

Once we have our FI Law approved by parliament, tomorrow I would think now, then we have our r/v. This is immense news above, ALL debt forgiven, like it very much.....

Yes Adam very exciting time for all of us.Finaly
we are almost there :))))

How am I supposed to leave for the weekend when you guys keep saying we are almost there?

Hi All
Just a quick question for Adam or Mike. Are you still hearing r/v on July 27th at 1:1 or more?