Frank, Delta, Nova and My Ladies, How can Iraq on the one hand talk about "removing the zeros" in the years ahead and at the same time install an international platform for their ISX which is to be revealed in days? Looks like someone is not telling the truth! Care to enlighten us???
Have you read the CC notes? Frank mentioned that a lot of misinformation is coming out to hide what they are doing. Take care and be thankful...many are watching this MR with great expectations. be blessed.
Frankie I believe we have an engagement the wedding and honeymoon is soon to come ... you have always told us that the GOI and CBI will be married before we see the rate. LOL...
Baby is next from this union .......... Hope it weighs 386 lbs..... lol
I'm believing that due to the extra wait time....we might expect an extra 10-15% on that birthweight.....just thinking out loud here this morning. Aloha Randy
I know that no one knows the date or the rate, but is it of the OPINION that it will probably come out one to one(1.00-$1.17)in the beginning?? I'm just trying to read between the lines. Anyone feel free to answer. Thanks.
Just My Opinion But Seeing how The GOI is Reopening The Previous Laws from The Sadaam ERA......It makes Perfect sense that they would Also ReInstate That Rate=$3.21!!!
That being said IMO....I don't see any reason for The Paris Club Members/Coalition Partners To Have ANY Incentive to Hold Contracts in DINAR for their Payback for Anything LESS!!!
Knowing that WHEN Iraq Goes LIVE w/ The ISX.....The World Will FLOOD Into IRAQ Like PIGS On SLOP.....Then That RI RATE Will SKYROCKET.....AS Jackie Gleason from "The HoneyMooners" TV Show Used To Say...."POW..... ALICE STRAIGHT TO THE MOON"!!!
Don't FORGET about ALL the SKEPTICS who Are Going to Have "EGG" On their Faces.....No YOLKING MAN...LOL......You Know the Ones Who Said "THE DINAR" Is A Scam ect.... Yah then They Will Flock To Invest In IRAQ....Like CROWS On A Dead CARCASS...And that Will Change Our World's Economy In Powerful Ways!!!
Hello REVELATION 18= "The Death of IRAQ".....Well Now= The Birth/Rebirth That "BRINGS WEALTH TO THE ENTIRE WORLD"!!! ?Do YOU Know Anyone Who has DIED Before They Were.....BORN???....Yah....Me Neither!!!
Legal representative: Adoption of the budget is very important, despite near the end of the fiscal year
Special / integrity newspaper - called on the parliamentary legal committee on Tuesday to speed up the Iraqi government to send the general budget to the parliament to be able to read and approved.
A member of the drafters Hamdiya Husseini told (the newspaper of integrity) that "the budget is of great significance for the citizens in spite of near the end of the current year, indicating that" the importance of approval for him to increase the salaries of employees, where they will be spent retroactively.
She said "a failure to approve the budget and the economy enters the Iraqi state in fact cash crisis can not be borne by the public treasury, and there will be a very large fiscal deficit," indicating that he "will be the beginning of a repeat of that in the coming years and contribute to the deterioration of the Iraqi economy.
She noted that "the impact of the delay in approving the budget and prominently on the important projects that promote infrastructure that serve the Iraqi people.
The head of the House of Representatives Saleem al-Jubouri, had confirmed yesterday that "the budget for 2014 as a bill is not included in the Parliament and await sent by the government and this does not mean to evade our responsibilities and should accomplish in the coming period."
Did not discuss the Council of Ministers at its meeting last Tuesday's budget bill for the I'tikaaf of the Ministry of Finance to be adjusted at the request of Barlman.anthy 4 / p
KTFA FAMILY ........ Look at Your notes .... IMO ..... 19th to 31st the retroactive to the 1st for the start of the year. KTFA, Frank
bluedog » October 21st, 2014
MY LADIES .....THIS ARTICLE SEEMS TO NEED MORE DIGGING INTO WHAT THIS IS ALL ABOUT ........JUST SO BUSY HERE... I DO NOT HAVE THE TIME THIS MORNING TO DIG DEEPER....... AND TRY TO INTERPRET..... THERE "MAY BE" SOMETHING OF SIGNIFICANCE HERE.... THANK YOU. bluedog
United States Agency for International Development (USID) honors the Ministry of Labour Shield of Excellence
The Minister of Labour and Social Affairs Mohamed Xiaa Sudanese that the work of the ministry joint project Administrative Reform (thread) in Iraq yielded progress in the areas of its work towards the target groups and in particular with regard to social protection network and that the ministry was marked for the rest of the ministries involved in this program.
Statement of the Ministry of Labour and Social Affairs Agency has received the news of news (et) a copy of the transfer of all Sudanese during a speech at a ceremony organized by the ministry in collaboration with the administrative reform project (thread) / United States Agency for International Development (USID ) Say that these projects and contribute actively to provide an environment free of complications in procedures to reduce the target groups being the seam between the citizen and the employee and thus reduce the possibility of the occurrence of administrative and financial corruption.
Stressing at the same time that these measures were the priorities of the government program and paragraphs within the basic document of the political agreement, which has been demanding its light on all government institutions evaluate the procedures followed in these institutions to the extent of their response to the government program.
The minister praised the workers within the program of administrative reform and the outstanding efforts they have made in achieving the visions of the future of the Ministry of Labour and Social Affairs towards vulnerable groups, stressing that the ministry is ready to implement such programs that will provide better service to citizens.
For his part, praised Vice President Project (thread) Nael Shibaro the fruitful efforts of workers in the advanced program of cadres and staff of the Ministry of Labour and Social Affairs and the successes achieved in the field of administrative reform.
THANK YOU BLUE WE WILL LOOK INTO IT MORE AND BRING IT BACK. WONDERFUL WORK,
THE ANSWER IS IN THE UN OR IMF WE'RE TOLD. LOVE TO YOU ...MY LADIES
And The Gazette ........ Suddenly .... Without fanfare..... In the still of the night...... KTFA, Frank
the articles talking about removing the 000's in the next 5 years....I believe we are looking at something good here. They are speaking of action that intends to start with next year....being the next week or so by their calendar....and running for up to 5 years.....
They have long stated that they would allow new and old currency to run in tandem with one another for a period of time, and I believe they continue to say the same thing.
Removing old currency is not an easy thing to do, it will take time...time for it to be drawn in, though they have done quite a bit of that already, time for it to just wear out....etc.....to me this is continued good news from the Iraqi's and their new leadership.
So what can we do.....sit back and watch as things unfold over the next few days to a week or so.....dig for evidence of new news, watch the word coming out of Iraq.....watch what the world is doing to welcome Iraq onto center stage....and take things in prayer, strong prayer to God. Aloha Randy
stochastics » October 21st, 2014, 9:47 am
Just some follow up to MyLadies research on the ISX new launch of the X-Stream system....
They are upgrading to "Equator"... a system of X-Stream which will enable more "electronic" forms of bookkeeping.
Consider this: "OMX is the world's leading provider of Central Securities Depository (CSD) technology. Its Equator CSD product is used by clients in Europe, the Middle East, Africa and the Caribbean." http://en.wikipedia.org/wiki/OMX
Also this: "A central securities depository (CSD) is a specialist financial organization holding securities such as shares either in certificated or uncertificated (dematerialized) form so that ownership can be easily transferred through a book entry rather than the transfer of physical certificates. This allows brokers and financial companies to hold their securities at one location where they can be available for clearing and settlement. This is usually done electronically making it much faster and easier than was traditionally the case where physical certificates had to be exchanged after a trade had been completed." http://en.wikipedia.org/wiki/Central_securities_depository
Furthermore, as I would rather like to see a ICSD, a CSD's functions are:
Safekeeping Securities may be in dematerialized form, book-entry only form (with one or more "global" certificates), or in physical form immobilized within the CSD.
Deposit and withdrawal Supporting deposits and withdrawals involves the relationship between the transfer agent and/or issuers and the CSD. It also covers the CSD's role within the underwriting process or listing of new issues in a market.
Dividend, interest, and principal processing, as well as corporate actions including proxy voting Paying and transfer agents, as well as issuers are involved in these processes, depending on the level of services provided by the CSD and its relationship with these entities.
Other services CSDs offer additional services aside from those considered core services. These services include securities lending and borrowing, matching, and repo settlement
Pledge - Central depositories provide pledging of share and securities. Every country is required to provide legal framework to protect the interest of the pledgor and pledgee.
However, there are risks and responsibilities regarding these services that must be taken into consideration in analyzing and evaluating each market on a case-by-case basis."
What the ISX is doing in this upgrade is making it more efficient for outside investors to ensure that buy & selling of shares on the ISX is done with ease. No more hand written entries of who owns what, at what price, on what date, etc....
Will the new launch of X-Stream entail a new rate... that is to be seen (fingers crossed)....
But to me, it looks like this is just another step to allow foreign parties to have COMFORT in investing in Iraq. A good step, one that is needed.