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6-30-2016 Newshound Guru Millionday Article quote: "...identify trends in banking reform and clear indicator that changes made by the government in the departments of government banks as an important step on the road to reform." THIS IS TELLING US THAT STEPS HAVE BEEN MADE TOWARD BANKING REFORM...THE GOVERNMENT IS ATTEMPTING TO FINISH ALL BANKING REFORM STEPS. THE GOVERNMENT PROGRAM APPEARS TO BE LAUNCHED AND THEY ARE WORKING ON IT WITH THE CBI INITIATIVE. SOME CHANGES HAVE TO TAKE PLACE FOR THE BANKING REFORM TO BE ACTIVATED TOTALLY BUT THEY DONT APPEAR TO SAY WHAT CHANGES. IT APPEARS ACTION IS TAKING PLACE TO WORK WITHIN THE REFORMS AND LAUNCH. THE JOINING OF THE PRIVATE SECTOR AND THE GOV AS THEY RUSH THE ENTIRE LAUNCH OF THE GOV PROGRAMS AND THE BANKING REFORM WITH CBI AT THEIR SIDE. WE HAVE GOV PROGRAMS -- CBI INITIATIVE -- CLEARANCE FOR INVESTORS -- AND BANKING REFORM -- WITH LEGISLATION FOR THE COUNTRY AND MARKET ECONOMY...THE MOVE TO A MARKET ECONOMY -- THIS IS GREAT NEWS.
6-30-2016 Intel/Newshound Guru Poppy3 SEEM THEY AGAIN ARE NOT WORRIED ABOUT THE PREVIOUSLY AGREED TIME LINE TO COMPLETE THE LAWS AND FINANCIAL REFORM AS STATED BY THE IMF, WORLD BANK. SEEM THEY HAVE BUSTED THEIR BUNNS TO GET READY YET THEY AT THE LAST MINUTE POSTPONE PARLIAMENT TO COMPLETE THE VOTES NEEDED. NOW ARE THEY SAYING ONE THING AND ARE GOING TO DO THE OTHER? ONLY TIME WILL TELL BUT LIKE I HAVE ALWAYS SAID WE MUST WATCH THEIR ACTION AND DISMISS 90% OF WHAT THEY SAY. I'M NOT HAPPY ABOUT ANY DELAY BUT EXPECT IT TO BE TEMPORARY AT BEST. WE WATCH AND SEE AS WE HAVE FOR YEARS YET WE KNOW IT IS POSITIVELY HAPPENING.
6-30-2016 Newshound Guru Kaperoni Iraq has no time to waste. They need investors, and need to transition to a market economy as soon as possible to put people to work and rebuild the country. Abadi seems to be willing to move forward as fast as possible..so let's hope the second half of 2016 is what we all been waiting for.
6-30-2016 Newshound Guru wmawhite [so parliament not meeting until the 12?] ...Jabouri told the nation of Iraq that the next session is July 12, 2016. Article: "Jubouri announce the unified parliament session on 12 of next July"
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6-29-2016 Newshound Guru Kaperoni Article: "Parliamentary financial operations reveal a "new gimmick" to manipulate prices Dollar" They said it themselves, they are starting the market economy by self loaning them process. All with the hope once the wheel is primed the laws will pass and the flood gates will open. "stressing that" the granting of government loans will reduce the dollar exchange rate against the dinar because it will activate the various work and production sectors..." We have to hope this plan succeeds and over the next several months we see Iraq's economy begin to take off. The result will be the gradual rise of the dinar! The plan was told to us a few years ago...we just need to watch it happen.
6-29-20216 Newshound Guru Millionday Article quote: "The Cabinet decided on Tuesday, limit import and export process as the companies registered with the Ministry of Commerce, and the establishment of companies "solidarity" Alkmarki holds the clearance process, while select the first of next July as the date for implementation." THIS IS TO BE IMPLEMENTED ON JULY 1ST AND IS TO ALLOW THE INVESTORS TO GET APPROVAL... THIS IS TRADE AND THE START OF ALL CUSTOMS AND TAXATION PROCESS WITH THE LAW OF CLEARANCE PROCESS. THIS IS THE BEGINNING OF THE MOVEMENT OF INVESTORS AND ALSO THE TRADE MARKET -- LOVE IT...IMO -- THIS IS VERY IMPORTANT. [how can they do all that with toilet paper for currency?] IMO THEY NEED THE PRICING INDEX CALCULATION IMPLEMENTED.
6-29-2016 Intel Guru Dr. Clarke It is our opinion, that the Dinar & Dong will significantly increase in value, SEPARATELY, but within a short time frame of one another (perhaps a few days, or few weeks - but that is pure speculation by anyone, as these type moves are never relayed immediately before they happen, for obvious reasons). There is NO indication, which will increase significantly first - notice we didn't say RV or Revalue - we said, "significant rate increase"...there's a small chance of an increase by July 17th. Small. In our estimation, the rate movements, really physically begin after Aug. 14th, (BIG Political Change in Iraq around this date), and do some amazing things through the end of SEPTEMBER, that nobody right now, sees coming. You gotta wait a little longer, but it will go fast and furious from here on out. This is NOT a GCR - that animal does not exist, as depicted...certain countries ARE re-booting, such as the U.K., for instance...and more. As we've stated many times, we Love Iraq & Vietnam, especially Right Now...nobody else. We've been saying now, for 5 months, that SEPTEMBER is the "3rd & FINAL Period".
6-29-2016 Newshound Guru Dr. Clarke Article quote: "The recently-introduced flexible exchange-rate mechanism is a commendable development. Permitting greater exchange-rate flexibility and strengthening monetary policy instruments, while moving gradually towards using inflation as the nominal anchor for monetary policy, will allow Vietnam to safeguard macroeconomic stability while buffering external shocks." Dong holders, should be smiling Big right now, after yesterday's report from the IMF...Especially this part of the article, which we've been saying for 4 months...that they will probably increase the rate slowly, gradually at first, then it will explode higher...
6-29-2016 Intel Guru Frank26 In fact I have even hinted to you that Article 8 has been ripped up to the point where it doesn’t even exist anymore…we are going to get the loans under the SBA...IMO...if they get these loans...within the next two or three weeks...under the SBA program...then Article 8 is gone...it would be vaporized...there are so many dominoes that are going to be knocked over and knocking over other dominoes...but you can’t knock them down just yet...because not all of them will fall down at once...this has to be done all at once...and it is...coming into that venturi effect. [post 2 of 2]
6-29-2016 Intel Guru Frank26 Article quote: ”The Intent of the USA After the Resolution of the Battle for Fallujah is to Provide Advice and Information to the Iraqi Government to Implement the Measures for the Financial Reforms in the CBI”...how juicy is that...that is exactly what we want to hear…that is exactly what they said they would do...that is exactly what is in the LOI...they are compliant…and all the evidence...all the evidence that is fossilized...is right in front of our eyes…they have done everything to be compliant with Article 8... [post 1 of 2....stay tuned]
6-29-2016 Newshound Guru firefly Press Release: "IMF Executive Board Concludes 2016 Article IV Consultation with Vietnam" Quote: "On June 17, the Executive Board of the International Monetary Fund (IMF) concluded the 2016 Article IV consultation1 with Vietnam. Vietnam’s economy has experienced solid growth with low inflation, reflecting policy attention to maintaining macroeconomic stability. Economic performance was robust through most of 2015..." A mirror image of what Iraq is going through with the IMF.
6-29-2016 Newshound Guru Adam Montana Today we are almost through [Ramadan], and I can't stress enough how happy that makes me. I'm READY! I mentioned earlier this week that I'm hearing some good things are coming our way... it's the oil. It's all about the oil - always has been, always will be when it comes to Iraq. I've mentioned many times in the past that I expect the HCL and the RV to be tied very closely to a rising cost in oil (it's incredibly low right now, but steadily climbing back up to where it should be. Oil Price: $80 a Barrel Is On Its Way, Says Analyst Published in Oil Industry News on Wednesday, 22 June. I hate to root for higher costs on anything, but anyone with a basic understanding of economics knows that sometimes lower prices are not good. In our case, it's reasonable to believe higher prices on oil will get us to the finish line. I have a feeling things are going to start picking up VERY soon.
6-29-2016 Newshound Guru rcookie Article: "Cabinet restricts import, export and buy the currency registered with the trade companies" Quote: "The Cabinet decided on Tuesday, limit import and export process as the companies registered with the Ministry of Commerce, and the establishment of companies "solidarity" Alkmarki holds the clearance process, while select the first of next July as the date for implementation." ...IT IS AMAZING! ...THE ENTITY TO HANDLE IMPORT/ EXPORT OVERSIGHT AND CURRENCY REQUIREMENTS FOR TRADE NEEDS IS LAUNCHING JULY 1ST...!
6-29-2016 Newshound Guru Dr. Clarke Iraq needs some more time...ISIS is still active, even though they're being driven out of Iraq...Mosul is NOT done yet...Mosul is NOT the last straw for the rate to be increased in Iraq, although it is important. They can actually do it before...Mosul is announced as done... the owners of Iraq (metaphorically) will decide, right on time...and it's Really close to that time, but now quite yet. We say late SEPTEMBER, and maybe mid July...
6-29-2016 Intel Guru Bruce WE ARE AT A POINT FOR A FEW MONTHS I AM SEEING STEADY BUT SLOW PROGRESS IN THE DIRECTION WE WANT IT TO GO...NOT CONCERNED WITH THE TIMING, I KNOW IT COMING AND APPROX. WHEN IT IS COMING. WE ARE IN A VERY GOOD PLACE.
6-29-2016 Newshound Guru Breitling So how do we know they are not going to just take the 3 zeros off the currency and do a lop? Because if they were going to do that they don’t need to reduce the note count do they? And that’s physically getting rid of notes. And them reporting it…telling people, ‘hey we’re down to 4 billion notes.’ Not dinars…NOTES. Remember one note can represent 25 thousand dinar. No one knows that exact combination because we don’t know the exact number of denomination that are out there. That’s how you know. The day they actually had a report of where they reduced the note count…that was the end of the debate. Be happy you didn’t fall for the trap. Don’t give your dinar to anybody. Don’t give your US dollars to anybody. For any reason at all… [Part 4 of 4]
6-29-2016 Intel Guru DELTA URGENT FROM IRAQIA TV: PM ABADI PLANS TO OPEN PROSPECT FOR INVESTMENT AND SOLVE THE ECONOMIC AND FINANCIAL PROBLEM IN THE COUNTRY AFTER EID AL-FITER.
6-29-2016 Newshound Guru wmawhite [THE WORLDS BANK ANNOUNCEMENT TODAY OF IRAQ ECONOMIC GROWTH PROJECTION NUMBERS OF 4.35 FOR 2016....AND 5.6% IN 2017.] TOTALLY...WOW...IRAQ ECONOMIC GROWTH PROJECTION NUMBERS OF 4.35 FOR 2016...AND 5.6% IN 2017. What does the World Bank know? What do they see coming inside Iraq for Iraq to grow at that rate? Again...what does the World Bank know?