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

Originally Posted by readytogo

Iraqi Dinar Value should be Raised, Baker Jaber AL Zubaidi:
He explained that the financial authorities were set on holding a meeting next month to discuss the matter. The meeting is to be attended by experts and specialists from the Ministry of Finance, the Iraqi Central Bank and the Commercial Bank

http://www.alsabaah.com/paper.php?so...page&sid=25629


OK, which is it? A few days ago Zubaidi talked of LOPPING and I see here in this particular link that the term LIFTING was used by him in June.

Is it the translation or is he double-minded? Or both?

I'm not getting on that rollercoaster again. No way! I believe it is going to happen. When? Not sure. Hopefully soon, within the month, which btw would be WONDERFUL! But, anytime this year would still be WONDERFUL! Got to keep it in perspective and not get all caught up in the when. Just knowing that it WILL HAPPEN should be enough for all of us to be rejoicing. It just might be time for us to practice a little delayed gratification. Which IMO is good for the soul.

Don't get me wrong, I want it to revalue ASAP just like everyone else, I'm just getting my mind right and willing to accept a longer time table if need be.

I've put it in God's hands and His timing and I know that He is perfecting that which concerns me and everyone else that will allow Him to. Of course I'm suggesting to Him the sooner the better, but bowing to His need, willingness and ability to work it out for the good of everyone and this of course will lead to my ultimate good. I trust Him.

Well, I feel much better for having said this and thanks for listening.

I'm still believing for it to happen in August! Gives me time to purchase more!

Monica

Hi Monica,

Zubaidi actually said 'lifting' and raising to clarity with the dollar, ie 1 to 1. A lot of other articles, unofficial ones have been rehashed and made to sound as if he said 'lopping'. WHY? Well, if you had to pay out billions very soon you'd do the same if it gave the wrong impression and got people to offload their wad of notes before payout day!

Originally Posted by Adster

Hi Monica,

Zubaidi actually said 'lifting' and raising to clarity with the dollar, ie 1 to 1. A lot of other articles, unofficial ones have been rehashed and made to sound as if he said 'lopping'. WHY? Well, if you had to pay out billions very soon you'd do the same if it gave the wrong impression and got people to offload their wad of notes before payout day!

Thanks Adam,

A silly question.....how can you tell if an article is "official" or not? Do you believe the Iraqi Gov is purposefully orchestrating this "false" or "unofficial" news to be released? I believe it is called a "news leak"? I guess you can't call it a lie if the revalue point has not been "officially" set. As I said before, I'm not to swift to pick up on subtleties of this nature. Sometimes it has to be written out for me.

Monica

Originally Posted by readytogo

Thanks Adam,

A silly question.....how can you tell if an article is "official" or not? Do you believe the Iraqi Gov is purposefully orchestrating this "false" or "unofficial" news to be released?

Hey monica

My opinion is just go with the FIRST and ORIGINAL statement released back in June. In that statement is was said they were wanting to LIFT three zeroes. Also lopping, as has been pointed out here, would not make any sense at all.

The House of Representatives has announced the lifting of its meetings until next September

(Voice of Iraq) - 30-07-2006

The House of Representatives has announced the lifting of its meetings until next September
Crown Prince Abdullah of Kawthar
Baghdad - (Voices of Iraq)
Khalid Attiyah, First Deputy Chairman of the House of Representatives today, Sunday, the parliament to postpone a meeting on Sunday, the second of next September announcing the commencement of the summer vacation.
The meeting today has witnessed the first reading of the draft amendment to the Code of Criminal Procedure.
Came in this project paragraphs are "abrogate paragraph (n) of section (IV) of the memorandum of authority Coalition temporary (No. 3) and paragraph of the Declaration states :" abrogate the articles (285) Article (193) of the Code of Criminal Procedure, which relates to the death penalty. "
The second article of the draft states "implement this law in force from the date of re-employment is the death penalty (No. 3) for the year (2004)."
Council members also discussed the law to import and sell petroleum products after reading for the second time.
According to the draft law "allowing private companies Iraqi or foreign (and with the concurrence of the Ministry of Oil), the importation of petroleum products according to international standards set by the relevant ministry, storage, transfer and sale of domestic consumption directly or through its authorized agents.
In this framework, MP Hamid Mousawi of the Iraqi coalition list of common during the meeting said : "We fear that the law is the importation and sale of oil derivatives another burden on the citizen through its contribution to raising the prices of oil derivatives."
Abbas also asked the Attorney-Bayati of the Iraqi coalition list of common during the meeting "Will foreign companies absolutely hand in determining the prices of petroleum products, or there will be a point of fixing prices, Does the law will determine the quality of fuel Sistord. "
On another level, Council postponed voting today on the law of the High Commissioner for the Independent Electoral until after the summer recess due to the lack of quorum for voting at the end of the meeting.
The deputy Alaa Makki list Front compatibility Iraqi deplores disrupt voting on the Law Office of the High Commissioner of the Independent Electoral said in a press conference held on the sidelines of a meeting of the House "was supposed to be voting on the Law Office in the first paragraph of the Programme of Action of the day, however, the Presidency, Without a vote, the law referred to the last paragraph without any legal justification. "
He added : "Although at the beginning of the meeting that there was a quorum to vote on the law, However, at the end of the meeting we were not able to vote on the law because of the loss of a quorum. "
He added that "the Iraqi front compatibility objected from the outset to postpone the vote until the opposition has not been heard ears."
And on those who have contributed to the postponement of the vote, he said, "all political actors came to the meeting today and are agreed to the vote that the law updated and no any shortcomings, however, certain quarters have changed their view when entering the meeting and suggested postponing the vote on the law at the end of the meeting."
And whether this delay will affect the work of UNHCR, he said, "certainly that the delay will affect the work of the Office of the fact that a number of members of the Office are accountable to the law."
H n

http://64.233.179.104/translate_c?hl...language_tools

Originally Posted by readytogo

Thanks Adam,

A silly question.....how can you tell if an article is "official" or not? Do you believe the Iraqi Gov is purposefully orchestrating this "false" or "unofficial" news to be released? I believe it is called a "news leak"? I guess you can't call it a lie if the revalue point has not been "officially" set. As I said before, I'm not to swift to pick up on subtleties of this nature. Sometimes it has to be written out for me.

Monica

Monica,

Anytime. I tend to stick to official sites like yahoo and noozz which is a very good one. When you see on the right hand side on sites offers from dealers it makes me very wary!

Hm...vacation for ONE MONTH?!? So...what does that mean to us? IF the Investment law is passed today, can a reval happen soon then, or will it have to wait until September?

Originally Posted by karinc

Hm...vacation for ONE MONTH?!? So...what does that mean to us? IF the Investment law is passed today, can a reval happen soon then, or will it have to wait until September?

Congress do it, the UK MP's do it.......

IF it passes today then Shabibi can announce a r/v as head of the CBI. So yes, it can happen.

Originally Posted by readytogo

Iraqi Dinar Value should be Raised, Baker Jaber AL Zubaidi:
He explained that the financial authorities were set on holding a meeting next month to discuss the matter. The meeting is to be attended by experts and specialists from the Ministry of Finance, the Iraqi Central Bank and the Commercial Bank

http://www.alsabaah.com/paper.php?so...page&sid=25629


OK, which is it? A few days ago Zubaidi talked of LOPPING and I see here in this particular link that the term LIFTING was used by him in June.

Is it the translation or is he double-minded? Or both?

From Her Down!!

I'm not getting on that rollercoaster again. No way! I believe it is going to happen. When? Not sure. Hopefully soon, within the month, which btw would be WONDERFUL! But, anytime this year would still be WONDERFUL! Got to keep it in perspective and not get all caught up in the when. Just knowing that it WILL HAPPEN should be enough for all of us to be rejoicing. It just might be time for us to practice a little delayed gratification. Which IMO is good for the soul.

Don't get me wrong, I want it to revalue ASAP just like everyone else, I'm just getting my mind right and willing to accept a longer time table if need be.

I've put it in God's hands and His timing and I know that He is perfecting that which concerns me and everyone else that will allow Him to. Of course I'm suggesting to Him the sooner the better, but bowing to His need, willingness and ability to work it out for the good of everyone and this of course will lead to my ultimate good. I trust Him.

Well, I feel much better for having said this and thanks for listening.

I'm still believing for it to happen in August! Gives me time to purchase more!

Monica

This is by far the best post for attitude yet. I trully am glad to of read it. This is what it is. Just a mater of when. When? When God is ready for it to be.Awsome.

Purchase more? Everything happens for a resaon. Reason? Hummmmmm.

Originally Posted by Adster

IF it passes today then Shabibi can announce a r/v as head of the CBI. So yes, it can happen.

And if they dont pass it today then we can check off August as there being any chance of a reval? Bummer.......

Well, it's 7pm here in Sweden...so around 9 pm in Iraq... I reckon they didn't pass it then? Or somebody would have known it by now?