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5-4-2016 Newshound Guru wmawhite this is about Iraq...Iraq entering the global markets... [seems like they need money to enter the global markets...?] No...they don't need money to enter the markets...they are currently in the markets with the USD...they want to enter with the IQD...the logic is when they enter there will be a change in the IQD. ...try to keep the issues in their separate departments...reforms are internal to Iraq...a change in the status/value in the IQD is external to Iraq. Entering the "markets", entering the "economy markets" is referring to how the financial markets outside of Iraq handles the IQD...when we see "activate the private sector"...that is exactly what we want them to do...because, the private sector needs to deal, buy, sell to the global markets in the IQD. My point is that a change in value is our #1 issue...but, getting into the markets in #1 for Iraq...and then the affect of that will be a change in value of the IQD.
5-3-2016 Newshound Guru Bondlady Article: "Former deputy holds the leaders of political blocs responsibility for the crisis in the country" imo, there all guilty in one way or another, that goes for past and present...in more ways than one, if they turned a blind eye to corruption or kept a tribal conflict going so no laws could get passed, or refusing to vote if they didn't get there way...many kinds of wrong doing, when it comes to being a leader of the people...there supposed to represent the peoples voice, supposed to be doing whats best for there people, which obviously iraqs been void of.
5-3-2016 Newshound/Intel Guru BGG Article quote: "...(Reuters) - Iraqi Prime Minister Haider al Abadi is in a strong position despite political unrest in Iraq, thanks in part to his battlefield successes and his commitment to a multi-sectarian state, U.S. Defense Secretary Ash Carter said on Monday." Yes he is... yes he is - indeed!! [Was there ever any doubt?] not in my mind.
5-3-2016 Newshound Guru firefly It is no coincidence the IMF said what they did. The IMF said Iraq WILL enter the global Markets in the 1st half of 2016. It is happening before your eyes...Confidence should be growing by the minute now!
5-3-2016 Intel/Newshound Guru Backdoc THE MASSIVE INCREASE IN IRANS RESERVES SHOULD MAKE THE WORLD TAKE SERIOUS NOTICE. ...WE WILL FAIRLY QUICKLY SEE CURRENCIES OF COMPATIBILITY WITH THE TWO SHIA BROTHERS [IRAN AND IRAQ]. I BELIEVE THE TIMING WE AWAIT IS WHAT IS BEING NEGOTIATED WITH IRAN AS FAR AS THEIR USE OF THE DOLLAR AND ITS SWIFT PAYMENT SYSTEM. REMEMBER "THE DEAL"? RIGHT! THE TWO BROTHERS [IRAN AND IRAQ] WILL GO TOGETHER. BOTH NEED TO BE READY. THE FIRST DAY TO LOOK AT WILL BE WEDNESDAY WHEN IRAQ OPENS ITS MARKETS AGAIN. ITS AN OPPORTUNITY TO GO INTERNATIONAL. WILL THEY?
5-3-2016 Newshound/Intel Guru BGG It's not all that bad...how easy did we think it would be getting rid of the corrupt politicians? I am a little suspicious Abadi needed something like this to force early elections. It plays right into his hand. Maliki's thrust to unseat him wasn't successful...now Abadi has some pretty broad support for REAL reforms...real reforms mean - REAL PROGRESS. [Do you...think that all the chaos in Iraq will slowdown the reform?] the chaos IS THE REFORM...without it - there is NO REFORM...we're sitting here watching it happen.
5-3-2016 Newshound Guru Islandg1211 Abadi and Sadr "coordinated" the protest on Saturday. Abadi got his State of Emergency declared, and had his meeting with the three presidencies which gave him the mandate to take control. With a created chaos, citizens crying out for change, a solution for Abadi to take sole control will be viewed as the answer.
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5-2-2016 Newshound Guru Aggiedad77 [Are we thinking they have missed their good window? Thursday to today? Are we looking at next month?] No I don't think so...No perhaps the window is open a bit wider today because of what happened this weekend...
5-2-2016 Newshound Guru tlar Abadi is in a hard place. He is trying to maintain order, avoid a civil war and reshape the government by removing the corruption from the system. This weekend we hope to see the fruits of Abadi's patience as they attempt to complete the change over of government. If they can do this they need immediately to go after the Judicial branch and clean it up. We all know this is a make or break it opportunity. If they can get the new government installed, the rest will begin to fall into place fairly quickly.
5-2-2016 Newshound Guru mike Article: "Ebadi presides over a meeting of those involved in the electricity file from the ministries of electricity, oil and finance" This is going to be a short meeting about a long term problem. The electricity issue will take time to correct...they need to double electrical production just to keep up with existing demand. That's a tall order. For me, this is just another empty gesture to placate the mob, I just don't think it's enough. Focus on the cabinet and get it done as soon as possible. Electricity, clean water, sewage and all the rest will fall into place once (hopefully) the new ministers are seated and the proxies gone. Corruption is killing is these guys, nothing meaningful can happen without political change...IMO.
5-2-2016 Newshound Guru Islandg1211 We are seeing gains in the fight against ISIS in Iraq. Their money has been hit. Their IED stockpile, their leaders, their snipers are targeted, and the areas they once held are being liberated. Many different troops are fighting under one Army...Step by step there is progress on the ground.
5-2-2016 Intel/Newshound Guru tman23 ...APRIL SHOWERS BRING MAY FLOWERS... AND THAT IS THE BEST EXPLANATION I HAVE...NOW SIT BACK AND WAIT FOR THEM TO BLOOM...
5-2-2016 Newshound Guru tlm724 In addition, the price of oil has become the main engine to display the Iraqi currency. When the price of oil rises, it will be the Ministry of Finance more dollars to be transferred to the Iraqi dinar with the central bank. If the exchange rate stable and has not changed, the more Iraqi dinars must be provided for the purchase of which will lead to increased supply cash. Conversely, a fall in oil prices would have the opposite effect. (post 2 of 2)
5-2-2016 Newshound Guru tlm724 In Iraq, the most effective means to control the money supply is through the exchange rate control, because the money mainly arise from the conversion of the Central Bank of dollars of state oil exports to the local currency. If the central bank raised the Iraqi dinar against the US dollar, it will add an additional dinars per dollar purchased from the government. If the exchange rate has reduced the money supply growth rate will slow down. Since the stability of the exchange rate is one of the main objectives of the Central Bank of Iraq, the use of the exchange rate for macroeconomic management was limited. (post 1 of 2....stay tuned)
5-2-2016 Intel/Newshound Guru tman23 Saying government does not play a role in exchange rate doesn't make it so... CBI is independent no doubt and there role is to maintain currency stability through the market...inflation... employment ...etc...The GOI plays a role in all these matters..
5-2-2016 Newshound Guru Islandg1211 We have had a lot of news these past ten days, including: Jack Lew co-signed Iraq's debt. Banking Reforms were 98% complete. Progress fighting ISIS. Abadi's five out of ten Ministers replaced. Arrests. Jack Lew, Ash Carter, and Biden had meetings in Baghdad. Government extended this holiday weekend. Plan is needed for who will get credit for Mosul. Protest against the GOI, supporting Abadi. State of Emergency declared. Three presidents met and gave Abadi sole authority today. And Oil prices are in the mid $40s. We have had Intel from Frank(26) that the BIS has approved the RV on April 28. Now, combine both the news and the Intel.
5-2-2016 Newshound Guru Millionday Article quote: "...met the three presidencies, on Sunday, in the home of President Fuad Masum..." TONIGHT [SUNDAY] THE THREE PRESIDENTS HAD AN EMERGENCY MEETING AND ALSO ALL HEADS OF PARTIES WERE THERE AS WELL --- THEY STATE THAT IT IS ABOUT THE STORMING OF THE GREEN ZONE --- HOWEVER THAT WAS FED UP CITIZENS WAITING ON THE REFORMS AND ACTION AND HAD BEEN RESOLVED --- SECURITY TOOK CARE OF IT. LOVE TO HAVE BEEN A FLY ON THAT WALL AT THE MEETINGS --- WOW --- ARAB STOCK MARKETS AND THEN THREE PRESIDENTS AND OFFICIALS --- AND ISO --- LOVE IT ALL.
5-2-2016 Intel/Newshound Guru Poppy3 I BEEN TELLING YA'LL FOR MONTHS EVEN YEARS THEIR NEWS MEDIA AND OURS ARE IN THE BUSINESS OF THEIR OWN AGENDA AND RATHER TWIST THE NEWS TO THEIR POINT OF VIEW OR AGENDA TO MAKE NEWS NOT REPORT NEWS. WATCH THE ACTIONS AND THAT WILL SHOW THE FACTUAL HAPPENINGS. WE WANT THE PEOPLE OF IRAQ TO GET THE THINGS THEY WANT AND NEED FROM THEIR GOI. WHEN THEY DO WE WILL HAVE WHAT WE WANT.
5-2-2016 Newshound Guru Islandg1211 Frank [Guru Frank26] is...saying that in his opinion he has more than enough data to conclude the CBI is going to raise the rate of their currency. He is stating that he believes there is finally going to be stability in the GOI. Making ISIS extinct, getting a stable government, replacing the CBI Governor, raising the rate, will finally allow this rich in resources nation take off in 3,2,1.
5-2-2016 Intel/Newshound Guru tman23 There will be no Parliament Tuesday... That is cancelled... They will be meeting IMO in Najaf which was designated as the emergency set up for the GOI...The roads have been worked on with fence...and high security for the past 4 weeks... We will see how this plays out...But the announcement will come from Najaf...
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