BondLady - The CBI Is About To Do Something With Their Monetary Policy !

[DinarThug]

CNN. Broadcasting A Long BondLady Chat - Top Off Ur Coffee !

 

 

 

[bondLady] I was trying to do some quick news searches and I found a few good things.  I can talk a bit about a few things that might be something to do with a rv  

[bondLady] something I found today BECAUSE it was a slow news morning. I decided to go down me favs list of news sites and stuff dinar related

[bondLady] some of the provinces are on  holiday today gearing up for elections is why

[bondLady] I went to a old bank note site I had saved. You know how all the CBI governors s signatures should be on each dinar ? if they are printing dinar Shabs was up to 2012. I found some with Turki signing now from 2013
~~~

 

  [sbxpress] More notes being introduced??

[bondLady] yes at least the 1000 is want to see?

[rsp1] you betcha

[bondLady] it just came out on 3/30/14 http://www.banknotenews.com/

[bondLady] Iraq new sig/date (2013) 1,000-dinar note confirmed Mar 30, 2014 09:46 AM Category: Middle East 1,000 dinars, ٢٠١٣ - ١٤٣٤ (2013/AH1434). Like CBI B49, but new date and new signature (Abdul Basit Turki Saeed, who assumed governorship of CBI in October 2012). Anyone interested in buying one of these notes can contact the contributor by clicking the link below.

[bondLady] http://www.banknotenews.com/

[bondLady] now that might not mean a thing but a few other things came to my mind. Different chats I posted in the last 3 years about the CBI's intent and I believed at the time the CBI would take the rate to 1000 then raise the 000 off the money making it a 1-1 and bubbies showed us today the market rate which hadn't moved in a while

[bondLady] went from 1222 to 1118 and Turki had said right after the gov gave him their blessing to remove the 000 at his leisure right?

[tlm724] BondLady yes

[bondLady] then all the arts about the Iraqis from the CBI saying don't mess up your money, don't write or tear your money or stamp or get it dirty etc

[bondLady] the statement was talking about how money changers were making money off the people who's bills weren't perfect was giving them less than market price for them so then the cbi says

[bondLady] noted that some of the staff of State-owned banks are to replace damaged currency with new ones with a financial benefit to taking every amount of people buying currency specialists torn from the citizen, and at very low prices, and therefore the money back to the citizens one way or another

[bondLady] that's what I had just explained except it says they would benefit from the new notes with new ones with a financial benefit too

[bondLady] could mean 1 of 2 things they would receive more through brokers if they didn't screw up their money or the CBI is going to change the rate and release new money but being the same 000 we hold not the lower denoms like we are expecting

[bondLady] and because Turki's signature is on these new notes is why I'm thinking this may be the case, it would be a quick way to remove more of the 000 from the street

[rsp1] true

[bondLady] if they did say drop 166 off the rate take it to 1000 the people would benefit from that increase and would still change them in for USD so that wouldn't really help them all that much except  it would get them moving in the right direction to bring in a 1-1

[bondLady] sec lemme show you something else

BondLady] ok now this is pretty heavy

[rsp1] She's been doing her detective work again! *hallelujah*

[bondLady] ok now this is pretty heavy

[bondLady] I have rsp.  ok check this out

[bondLady] remember how Shabs said he'd never release the ld's in the middle of the year ?

[bondLady] Iraq discloses designs for re-denominated banknotes slated for July 2013

[bondLady] JULY  2013

[bondLady] Iraq discloses designs for redenominated banknotes slated for July 2013 Jul 21, 2012 08:17 AM Category: Middle East According to Iraq's semi-official Alsabaah newspaper, the finance committee received specimens of the new Iraq banknotes from the Central Bank of Iraq. 

The specimens were of the 25, 50, 100, and 200 dinars. The committee urged the central bank to delay the introduction of the new currency from January 2013 to July 2013 to study all the aspects of the process. 

Other Iraqi media reports state that the new currency will be issued in denominations of 5, 10, 25, 50, 100, and 200 dinars for banknotes and 25, 50, 100, 250, and 500 fils, plus 1 and 2 dinars for coins. The designs have been already chosen for banknotes and coins:

[bondLady] and this is what will appear on the new lower denominations

5 dinars: Beck waterfall and palm tree 10 dinars: dinar coin minted in the reign of the Umayyad dynasty and lighthouse Hadba in Mosul 25 dinars: King Hammurabi receiving the law and farming of Iraqi Kurdistan 50 dinars: King Codaa and Fort Ukhaydir 100 dinars: Central Bank building in Azwaip area in Baghdad and ziggurat 200 dinars: bridge and school

http://www.banknotenews.com/files/tag-iraq.php

[bondLady] The designs have been already chosen for banknotes and coins:

and I believe they were printed also in 2012

[bondLady] Iraq discloses designs for redenominated banknotes slated for July 2013 Jul 21, 2012

[bondLady]that art was from July 2012 and on Thanksgiving 2012 I had a intel thingy from a friend said their friend worked for de la rue and they had just printed some currency for Iraq  then all hail broke lose in Iraq between Shabibi and the GOI and that plan was derailed at that point and then Turki came into the picture, just a few things I was thinking about when I wasn't so slammed with work

[bondLady] we know the CBI is about to do something with its monetary policy to what extent we don't know but the big gold buy up , the massive reserves of foreign currency they have, articles saying the dinar is drying up and less out there being released and the m2 was being lowered , all these signs are positive signs for us

[sbxpress] All things we are looking for!

[bondLady]  Central Bank announces the arrival of its reserves of gold to 90 tons Author: ASJ Editor: BK, BS 03/04/2014 18:06 Long-Presse / BaghdadRevealed the CBI, on Thursday, announced the arrival of its reserves of gold and 90 tons to support the value of the Iraqi dinar,

 noting that it contributes to the enhancement of the national economy.The central bank said in a statement received (range Press) a copy of it, he was "deliberately to buy 60 tons of pure gold from around the world during the past two months in his desire to support the value of the national currency, the dinar," noting that "the amount of gold reserves, which is owned currently reached 90 tons.

 "He said the central bank, that "This gold reserves to support the value of the Iraqi dinar against other currencies and the strengthening of the national economy in general."The Iraqi Central Bank announced in March last year, buy it for 36 tons of pure gold to raise its backup, returned it aims to achieve "the highest stage of the financial soundness" of Iraq in the world. END   LINK
  

[bondLady] Oil Ministry welcomes the report of the United Nations and reaffirmed Iraq meet its international obligations Oil Minister Abdul-Karim and coffee Like 0 Font Size: Author: Editor: ma Reporter: Number of readings: 18602/04/2014 19:37 

Tomorrow's Press / Baghdad welcomed the Oil Ministry, on Wednesday, the report of the committees of financial experts and compensation of the UN, which was held in Berlin last February and that the price of the respect for the Iraqi government to its obligations under international resolutions, 

as well as Iraq's commitment to work according to a comprehensive system to measure the amount of oil exported in accordance with the applicable standards in the oil industry.Said Oil Minister Abdul Karim and coffee in a statement obtained by "tomorrow's Press," 

"The fifth report submitted by the Secretary-General of the United Nations to the Security Council the price of respect for the Iraqi government to its obligations under international resolutions, also praised the continued cooperation between the Committee of Financial Experts and the Committee on Compensation" 

He added that "the report of the committees of financial experts and compensation of the UN, which was held in Berlin last February on the sidelines of the third meeting of the Iraqi - German, stressed the commitment of Iraq to operate a comprehensive system to measure the amount of oil exported in proportion to the practices standard in force in the oil industry, a feat recorded in favor of the ministry ".

He stressed that the report was "praised the Iraqi government policies meet its international obligations."He added that "Iraq's commitment to its international obligations enabled him to achieve his ambitions and aspirations and represent it in a clear acceptance of a member of the Transparency Initiative in the oil industry.’

"In the context of the conclusions reached on the issue of bail arrangements for the disbursement of payments to the Compensation Fund Board of Directors expressed its satisfaction with the constant conversion rate of 5% of the revenues from Iraqi oil sales and the equivalent of 5% of the value of non-cash payments to the Compensation Fund.

The Governing Council of the United Nations Compensation Commission as the authority responsible for the arrangements to ensure that the exchange of payments to the Compensation Fund, held its seventy-sixth in the period from 19 to 21 November 2013 was attended by a delegation from the Committee of Financial Experts Iraqi opening plenary session emphasized Chairman of the Committee reaffirmed the commitment of Iraq to fulfill its obligations.end   LINK

[bondLady] another article title **********UN: Iraq was able to complete the system of measurement and calibration for the oil industry *********

and another *******Iraq's Transport provide quality auditors to get the "ISO" ****** International Organization for Standardization

http://www.shafaaq.com/sh2/index.php/news/economy-news/74933--------qq.html
  
[bondLady] then you got them in a deadline crunch and a severe crisis per the budget, their losing billions of dollars by not passing it, the kurds say in the current budget form as of today they wont vote on it the way it is.

Baghdad is p' off about it and Najafi won't bring the budget up at the times he should and votes on bs instead of what they really need passed

 

[bondLady] so what happens next?

[bondLady] The United Nations warned parliamentarians: Two weeks left for approving the budget and only turned to electoral competition Friday, April 3 / April 2014 08:46 Twilight News / called on the United Nations envoy in Iraq, 

Nikolay Mladenov, on Thursday, the House of Representatives to pass the annual budget that disrupt long approval within the next two weeks, indicating that the delay in approving the law would negatively affect a lot of business and investments in the country.

Mladenov said in a press statement that "the opportunity to discuss the budget shut down during the next two weeks," stressing that "any prolongation in the endorsement carries the risk of transforming the bill to the substance of the electoral competition, and this could complicate the talks."
~~~

 

  He added that "what we are working on now is very intensely is to find a possible settlement to allow the adoption of the budget in Parliament before the election or immediately thereafter.

"He said he "stayed almost two weeks" to the parliamentarians to approve the budget, otherwise they can be transformed into an election bet increases the complexity of the negotiations.In response to a question about the impact of the postponement of the budget for a longer period or may not come to an agreement about it through this year, saying that he "is bad for the business climate is unpredictable because it will lead to the suspension of projects.

"And stumbled approve the annual budget of the state in spite of entering the country in the fourth month of the current year; due to differences between the political blocs represented in the House of Representatives, 

and observers fear the politicians would use the issue of delay in the budget as a factor in the election campaign for some of the blocks, as it was left on the general election only a few weeks end 

http://www.shafaaq.com/sh2/index.php/news/iraq-news/74904-2014-04-03-05-48-21.html

Cabinet sues Najafi's "caused a delay" and approve the budget Like 0 Font Size: Author: Editor: mo reporter: ms Number of readings: 7103/04/2014 17:24 Tomorrow's Press / Baghdad: The President of the coalition of state law, Khalid al-Attiyah, on Thursday, for the provision of the Cabinet filed a lawsuit against the chairman of the parliament Osama Najafi, due to the delay in the presentation of the budget and approval. 

Attiyah said at a press conference in the House of Representatives with a number of coalition members, and attended " Tomorrow's Press, "" 

The cabinet offers a lawsuit against Parliament Speaker Osama Najafi, due to the delay in the presentation of the budget and approval within the Council, "noting that" the case is now in federal court to demonstrate its mind and work on a resolution to read and approve the budget.

 " and added that "for the seventh time that advancing the rule of law applied to the presidency of the parliament for the inclusion of the budget law, which is the central issue of the first for us and the work of the government and its ability to implement its program, 

"and expressed regret for" the presidency of the parliament of no Almoisma from the agenda once the impact of time. " Attiyah reiterated that "budget constitutional article and must be submitted to all other laws and regulations,

 "pointing out that" the rule of law will be recorded strong opposition to the presidency of the parliament to repeat blocking the budget for the agenda, despite the claims of the many inclusion. 

" and noted that "members of the state law, the most Thhida for deputies to attend the sessions and precisely what respect of which the budget. " , said a member of a state law Haider Abadi in the conference,

 "We are keen to achieve a quorum and insisting on a budget on the agenda, and we will insist on it." Referred to the House of Representatives to raise, on Thursday, its sixteen to Sunday Without the inclusion of the next budget bill on its agenda.  LINK

[bondLady] END

[sbxpress] BL Thank you - your reasoning is remarkable

[bondLady] wait its about to get even heavier

[bondLady] Maliki calls for Parliament to pass a law allowing him to declare a state of emergency in Iraq Thu Apr 03 2014 10:40 | (Voice of Iraq) - Baghdad (Iraq) / Walid Mehdi detect the bill sent from the Iraqi government to the House of Representatives calling for the granting broad powers to the Prime Minister Nuri al-Maliki, including the declaration of a state of emergency and martial law in the country. 

And seen "the future," the text of the law of the so-called "defense of national safety," the sender of the House of Representatives and which provides for the authority to give the owners to declare a state of emergency in Iraq in five cases of the most dangerous in the event of a threat to power and threatens unrest. 

The law covers the approval of the House of Representatives and the President-Herzegovina to declare a state of emergency during a period of only 24 hours, and give the right of Prime Minister extended exclusively. Illustrates the text of the law that the prime minister the right to practice in areas that included the state of emergency authority to impose restrictions on the freedom of people to move, 

traffic and curfew in certain places, and the arrest of people suspected in the behavior of public order, and the imposition of house arrest on dangerous people, and the law gives to the Prime Minister the right to issue orders to inspect the places and people whoever they are, and bans entry in some places an absolute prohibition.

He adds that the law of the owners the right to impose restrictions on the freedom of the people at the meeting and break up meetings and gatherings by force, and the evacuation of some parties, and restrictions on travel outside the Republic of Iraq or to come to him. 

As the text to give the right to the Prime Minister to expel foreigners from the Republic of Iraq and prevent them entry, and censorship of the means of publication such as newspapers, magazines, books, brochures, drawings and chips and optical audio before it is published or broadcast, seizure and confiscation and prevent publication or broadcast and lockouts printed. 

reveals the law also give the right to the head Minister to monitor messages postal, telegraphic and all means of telecommunications, electronic and inspected and tuned, and the imposition of controls on essential commodities trading and their identification and capture it. (See the text of the draft law on the "Future News"). END 

http://www.sotaliraq.com/mobile2014.php?id=142879#ixzz2xqkSClNU

[bondLady] ANYWHOS exciting times coming !

[tlm724] BondLady ty love your research and how you bring these things together for us, what a great brain  

[Cutter1] BondLady tyvm

[sbxpress] TY

[dealerdean] BondLady tyvm !

[rsp1] Great work, ma'am

[tlm724] BondLady I can't wait to see how this plays out !!

[bondLady] anyways I haven't had much time to allow my brain to flow since the tornado's hit us trying to rebuild and recover from all that devastation

[bondLady] we just have to let Iraq play whatever hand they are going to play

[bondLady] but there's a good chance martial law is coming because their being economically sabataged by parliament and could crush Iraq and it's not gonna go down like that so maybe the USA or IMF or World Bank are telling him to declare a state of emergency because they sure as hell are in one, anywhos

[tlm724] BondLady tyvm !!

[therealbubbie] the market rate has been fixed since jan 19th of this year at 1222 .. today is the first time it changed to 1118 .. what does that mean .. I don't know.. but as of today it is not fixes .. we'll see what the next auction brings !!

[therealbubbie] check that 1218 !!

[Dogznova] Heck.. them moving the market rate again excites me more then them passing the budget          

[bondLady] just some stuff to think about, no-one-knows    

[therealbubbie] Dogznova bingo !!

[bondLady] did anyone else know Turki was signing currency?   or did we all think they were using the notes they had

[tlm724] I didn't know

[therealbubbie] nope !!

[bondLady] money he signed couldn't have been made till late 2012 or early 2013 fyi,  which kinda confirms my intel about what was printed thanksgiving 2012

[tlm724] it for sure confirms your intel !

[bondLady] Iraq new sig/date (2013) 1,000-dinar note confirmed

[bondLady] Iraq Iraq new sig/date (2013) 1,000-dinar note confirmed Mar 30, 2014 09:46 AM Category: Middle East 1,000 dinars, ٢٠١٣ - ١٤٣٤ (2013/AH1434). Like CBI B49, but new date and new signature (Abdul Basit Turki Saeed, who assumed governorship of CBI in October 2012). Anyone interested in buying one of these notes can contact the contributor by clicking the link below.

[bondLady] Shredd thought all this was odd too

[tlm724] is it possible they printed those 1000 and 250's just enough to get by for a few months ? just the minimum

[bondLady] I think so Timmy because remember what this had said

[Dogznova] if it's true.. then it looks like Shab's pulled in all his currency with his signature on them.. Then Turki came in and put his currency out in the market.. That follows what the charts did anyway    

[bondLady] Iraq discloses designs for redenominated banknotes slated for July 2013 Jul 21, 2012 08:17 AM Category: Middle East According to Iraq's semi-official Alsabaah newspaper, the finance committee received specimens of the new Iraq banknotes from the Central Bank of Iraq. 

The specimens were of the 25, 50, 100, and 200 dinars. The committee urged the central bank to delay the introduction of the new currency from January 2013 to July 2013 to study all the aspects of the process. Other Iraqi media reports state that the new currency will be issued in denominations of 5, 10, 25, 50, 100, and 200 dinars for banknotes and 25, 50, 100, 250, and 500 fils, plus 1 and 2 dinars for coins. The designs have been already chosen for banknotes and coins:

[tlm724] lower denoms right there ^^^    

[bondLady] Iraq discloses designs for redenominated banknotes slated for July 2013 Jul 21, 2012 08:17 AM Category: Middle East According to Iraq's semi-official Alsabaah newspaper,

[tlm724] BondLady *hallelujah*    

[bondLady] 5 dinars: Beck waterfall and palm tree*********** 

10 dinars: dinar coin minted in the reign of the Umayyad dynasty and lighthouse Hadba in Mosul************* 

25 dinars: King Hammurabi receiving the law and farming of Iraqi Kurdistan***************** 

50 dinars: King Codaa and Fort Ukhaydir************* 

100 dinars: Central Bank building in Azwaip area in Baghdad and ziggurat*************** 200 dinars: bridge and school

[bondLady] I think so too Dogznova remember they were putting out arts saying they would just replace and hold off on ld's for the moment that was back in 2012  Oct I think 2012

[Dogznova] unfortunately.. that would point to Shabs knowing he was leaving

[Dogznova] yes.. and he pulled the market price down to 1190

[bondLady] well around Oct I think, he never came back from Sweden

[Dogznova] which means he pulled in a lot of currency.. and the auctions show it. he knew he was out the door

[tlm724] BondLady tyvm !!

[bondLady] yes, its not always easy to fit the Iraqi puzzle pieces together but we do try , thanks everyone  

 

[Texas1]

Good Lord the Harry Potter saga was shorter than that..........

[sandfly]

CLOWN THAT WAS LONG BUT GOOD THANKS

[Alex38]

More speculation.... Sweet!!!! 

[respectron]

Good Lord the Harry Potter saga was shorter than that..........

I agree!

[DinarThug]

Good Lord the Harry Potter saga was shorter than that..........

 

And Special For Our Resident Closet Harry Potter Fan ...

 

 

           

 

 

Here Are Some Abbreviated Cliff Notes ...

 

 

4-3-2014   Newshound Guru Bondlady   we know the CBI is about to do something with its monetary policy, to what extent we don't know but the big gold buy up , the massive reserves of foreign currency they have, articles saying the dinar is drying up and less out there being released and the m2 was being lowered, all these signs are positive signs for us.

 

             

 

[skeetdog]

Thanks DT...That works for me....short n sweeeet.....

[ChuckFinley]

Thanks DT. BondLady is always a little long, but I love her research and her thought process. 

[mad asafrog]

Good post ,some well thought out points and great research ,thanks thug for bringing it over,

[jeepguy]

hahahaha  wow   you  guys  miss the part  where  turki  is  signing  his  name  on  the  notes ?   ---------->   the  only  way  his  name  can  be put on notes would  be  scribble out  dr. shabbibbi`s    name  and  write his over it ----->  or    THEY  ARE PRINTING  NEW  NOTES  WITH  THE NEW  CENTRAL BANK  GUYS  NAME ON THEM   ,   sorry   I  used  upper  case  to  drive  that  part home  ------  we are  seeing  the new notes .......     now  take  this   part  and  also  the  part  of  the post   where  the   idea  will be  the zero`s  ,  take  the 1168   down  too  1000   then  let   the zeros  fall off  ,  now  they are at  1 to 1 value ,  lets  not  forget  the  gold  --------->  gold  will be sold  in  smaller portions  ,   { I forget  the amounts  and size ,  but small enough  that  average  folks   can  buy it  , and  dinar  will be off the streets }  ---------  >  dinar off the streets   the  new notes  are found ,  the zero`s  are   going  to  start .....  just  hope  it is  in  the next  few  months that  this   comes  around    thanks  for bring it over  clownster   

[Elixirbaby]

CLOWN THAT WAS LONG BUT GOOD THANKS

That's what she said!

[gakman]

hahahaha  wow   you  guys  miss the part  where  turki  is  signing  his  name  on  the  notes ?   ---------->   the  only  way  his  name  can  be put on notes would  be  scribble out  dr. shabbibbi`s    name  and  write his over it ----->  or    THEY  ARE PRINTING  NEW  NOTES  WITH  THE NEW  CENTRAL BANK  GUYS  NAME ON THEM   ,   sorry   I  used  upper  case  to  drive  that  part home  ------  we are  seeing  the new notes .......     now  take  this   part  and  also  the  part  of  the post   where  the   idea  will be  the zero`s  ,  take  the 1168   down  too  1000   then  let   the zeros  fall off  ,  now  they are at  1 to 1 value ,  lets  not  forget  the  gold  --------->  gold  will be sold  in  smaller portions  ,   { I forget  the amounts  and size ,  but small enough  that  average  folks   can  buy it  , and  dinar  will be off the streets }  ---------  >  dinar off the streets   the  new notes  are found ,  the zero`s  are   going  to  start .....  just  hope  it is  in  the next  few  months that  this   comes  around    thanks  for bring it over  clownster   

You nailed it Jeep!!

[Francie26]

I'm a detail person. I learn more from the details than from a broad sweep (the shortened version). So details don't bother me, and I am also an avid reader, so the length of this works very well for me.

[stealthwarrior]

If they take three 000's off of a 1000 note to make it 1 then they will take three 000's off of a 25,000 note to make it 25,right.so if what you're saying is right then our $25,000 note would be worth $25.

[psdon]

No take the three 000's off of this IQD/USD close 0.00086, low:0.00086,high:0.00086   

[respectron]

I think they need new notes to make change! If you go buy a couple hundred dollars worth of groceries with a (lets say) $5000 note that's now worth a 1 to 1 then you would have to have smaller notes to make change and surely those larger notes would be then turned into the bank to be destroyed. JMO

Edited April 4, 2014 by respectron

[Retiredofficer]

No take the three 000's off of this IQD/USD close 0.00086, low:0.00086,high:0.00086   

Agreed

[SnowGlobe7]

personally..I have always enjoyed and found BondLadys information to be well informed and never a date/rate kind of thing. 

 

I really appreciate being able to read her chats here.....thank you so my thuggster....

[easyrider]

thug what the heck? you know the only word i can read is "thanks"

[DinarThug]

thug what the heck? you know the only word i can read is "thanks"

U Came To The Right Site !

We Have A Member Here And That's The Only Word He Can Write !

[RAGARCIA62]

I told you there would be a happy dance soon. . Come on rv.

[DinarThug]

Here's Today's Articles Discussion From BondLady's Site - Including 3 That Are Gold Related ...

 

 

 

Central Bank contracted with a company to manufacture the global population alloys to sell to citizens

[tlm724] "the central bank said that" the total amount of gold that will be minted up to about 11 tons, and in light of the public's demand it will be manufacture additional quantities, which means that the manufacturing process undergoes a demand for them.

[tlm724] give the people some purchasing power and the demand will rise for sure !
~~~

 

Central" SEC decides to 11 tons of gold bullion for "diversification means savings" 

[tlm724] I did a lil digging yesterday afternoon to see if I could figure out who may be producing these ingots

[tlm724] but there was nothing concrete that I could find but I will say this

[tlm724] that the top dog as far as I could tell as far as producing the gold is PAMP

[tlm724] Produits Artistiques Métaux Précieux

[tlm724] is the world’s leading bullion brand, and one of the most trusted refiners and fabricators of precious metals.

[tlm724] PAMP is the world’s leading bullion brand, with dominant positions in the world’s major precious metals markets. Established in 1977 and based in Ticino, Switzerland, PAMP operates a state-of-the-art precious metals refinery and fabrication facility.

[tlm724] Customised precious metals coins, blanks and bullion bars for banks, financial institutions, governments and state mints worldwide

[tlm724] http://www.pamp.ch/aboutus

[tlm724] just thought that was interesting 
~~~

Liberals: Budget exploited the propaganda campaign and become negatively affect services

[tlm724] "Parliament is long overdue in the reading of the draft budget and approval because of political differences and problems related to between the Governments of the center and the region

[tlm724] ya think   

[tlm724] The House of Representatives to raise, on Thursday, its regular "16" to the next Sunday,

[tlm724] til then we are in a state of suspended animation

[tlm724] or like ketchup, anticipation

[tlm724] your singing it right now aren't ya lol ? 
~~~

Cabinet complain presidency of the parliament in Federal Court 

[tlm724] Council of Ministers filed a lawsuit in federal court against the Presidency of the Council of Representatives, for the delay in the presentation of the law of the financial budget for the current year of 2014

[tlm724] it's a shame it has come to this ! An embarrassment. I am sure the court will rush this one through
~~~

Central bank: 15 Arab and foreign banks opened branches in Iraq since the beginning of this year 

[tlm724] announced the opening of 15 branches of the Arab banks or foreign country during the last three months of 2014

[tlm724] look at that shredd ^^

[shredd] I think we tend to overlook but the continued growth of banking operations is awesome

[shredd] banking infrastructure shows the anticipated growth and the faith in that growth from a cash flow perspective
 
[shredd] I mean, why build so many banks with business as usual grass roots cash trading on the streets of the dollar

[tlm724] because the street will diminish ?

[shredd] as regulation and security to cash balances and ease of attaining needed cash, yes

[shredd] just like back in the 30s when no one trusted in banks

[shredd] peeps running on banks and keeping cash themselves

[tlm724] right depression era , runs on banks etc..

[shredd] trusting their mattresses more than banks    
~~~

Central Bank: high pure gold reserves during the last two months 

[tlm724] that "reserves the CBI of pure gold reached up to 90 tons, after he bought 60 tons during the last two months

[tlm724] 90 tons !! *hallelujah* dayum  

[tlm724] and various destinations in the framework of the diversification of its reserves and support the value of the dinar Iraqi

[tlm724] it has doubled its gold reserves at the Central Bank of Iraq three times what it was like the end of 2012
~~~

Investment that Almzrv high!

[tlm724] while we have an abundance of funds managed by persons lacking the efficiency.

[tlm724] the Commission held in cooperation with official bodies and several foreign, dozens of conferences and hundreds of activities, mostly out of Iraq in order to attract investors

[tlm724] Have you checked the feasibility of having this huge administrative apparatus

[tlm724] so the point is this, they have traveled, spent untold millions to attract investors, they have the funds for these huge projects, while we have an abundance of funds managed by persons lacking the efficiency, but who is minding the store ???

[tlm724] where is the oversight ?

[tlm724] the International community has given them the framework and the plan !

[tlm724] now chop chop Iraq !
~~~

Buratha news agency published the full text of the law "emergency" presented by al-Maliki to the House of Representatives 

For the purpose of confronting conditions, disasters and epidemics public may be exposed to the Republic of Iraq, which may affect the safety of the nation and its citizens for the purpose of avoiding the dangerous effects of these conditions and for the state's use of its various organs effort exceptionally urgent and initiated this law. 

[tlm724] again this law is what BondLady was talking about in her chat    

[tlm724] to me its kinda like a safety net, giving necessary power WHEN needed only

[tlm724] I just hope they don't need it !

[rsp1] I'd say it's needed already

[rsp1] maybe just the threat of using it will be enough though

[tlm724] not quite yet imo but dayum close for sure

[tlm724] rsp1 maybe !

         

[Boozer]

all sounds Greek to me, or maybe Geek

[Thwmas]

Greek is easier: Alpha, Beta, Gamma, Delta, Epsilon . . .

 

Thanks for posting this information. Very helpful.

[sportfisher]

If they take three 000's off of a 1000 note to make it 1 then they will take three 000's off of a 25,000 note to make it 25,right.so if what you're saying is right then our $25,000 note would be worth $25.

if they RD redenominate, three 000's off the notes, exchange for smaller notes, that would be bad.

 

three 000's off the exchange rate, add smaller notes to circulation, that would be good.