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Showing content with the highest reputation since 02/22/2019 in all areas

  1. 40 points
    Good afternoon, DV! Surprise, it's THURSDAY! Let's talk about dinar for a few moments: Oil saw a nice upward spike yesterday. We're not quite to $60, but the trend is still positive. I expect it to pull back a tiny smidge, then continue the steady pace in this direction: This is probably a good time to be sure you all understand something - I'm not saying "the day OIL hits $60, we will have an RV"! $60 was the direction I wanted to see, and we're basically there. As long as the current trend continues, we are in the (green) zone. Steady and controlled oil prices, + steady and stable GOI, + some HCL goodies... that's what we're looking for, and it keeps coming! One item that is of note, and may push us out just a little bit, is the budget/fiscal year. There is a LOT of accounting to be done with any kind of monetary change, and it would certainly make things cleaner to change the rate on a specific date that coincided with something logical like the start of a fiscal year or quarter, or perhaps the beginning of a new budget, or something like that. We are a couple weeks away from the end of Iraq's first fiscal quarter. Their fiscal (XYZ) can be a bit confusing because they don't get the new budget out until after the new fiscal year has already begun, and in the past they have stated that surplus in the budget applies to the following year. Oh, there's nothing like proper planning, where the first three months of the year you have no idea what's in your checking account or what bills are in the mailbox! 🤦‍♂️ That's nothing to concern us, of course. In fact, with the steady progress we're seeing in all other areas, the prospect of a currency value change at the start of Iraq's Q2 is a pretty reasonable thought. In other news... not much I can say right now! Parliament is in session and WORKING. The latest on a relevant HCL thread is here: We don't have an announcement, but all of the clues are saying *soon*. That's what I have for you this fine Thursday, friends! I'll be monitoring, have a fantastic day, and GOO RRRVVVVVV!!! - Adam
  2. 38 points
    Parliamentary move to raise the price of the dinar and maintain the stability of inflation Wednesday 20 March 2019 Baghdad / Omar Abdul Latif The Parliamentary Finance Committee is moving in the current legislative session to develop mechanisms to change the monetary and monetary policies in the country, in coordination with the Central Bank of Iraq, aimed at raising the dinar exchange rate and maintaining the stability of inflation. "The committee will move during the current legislative term towards changing the fiscal and monetary policy in the country in general," said member of the committee Abdul Hadi al-Saadawi, Coming ". He added that "the Committee is keen to enact the law of financial administration as it gives a complete road map of the financial policy in the country in terms of management of money and cash in the state," pointing out that "the change will raise the exchange rate of the Iraqi dinar against foreign currencies while maintaining the stability of inflation In the country". "The Commission is determined to make these changes during the next phase and not to follow the traditional methods are not appropriate at the moment." link
  3. 38 points
    Good morning all! Happy International Women's Day, especially to those of you amazing women on our staff and member list here at DV. The world, and DV, would not be as awesome without you! This has been an interesting week in the markets, but not so much for Dinar when it comes to actual news. There's a good reason for this. Oil has been pretty flat, just like the news on HCL. Step back and take a "big picture" view of the situation, and it's easy to understand that this is to be expected. I find it amusing to read the headlines that state "Oil production falls to (X time frame) lows..." Hang on a second, oil "falls"?! That's the headline? I don't think that's accurate. It's not "falling" - it's being controlled, exactly as they planned. This is a topic we've been on top of since 2017, before the talk of OPEC agreeing to slowing oil production. The headlines would be more accurate if they said "Planned reduction in oil production to stabilize prices" But that doesn't get as many clicks, it's just not as sensational... even though it's the truth. And we've been expecting it, because we have been watching this sector through a fairly specialized set of glasses. Interpretation: All is going according to plan. And if all is going according to plan, then it's just a matter of time. Sunday is the first day of work for the Iraqi week, so I'd suggest taking a couple days away from the "news" - get in VIP for the peace of mind, do some reading in there if you want to be prepared, informed, and ready. Otherwise enjoy a couple of days away, because we're not going to have an RV in the next couple days. Unless I'm wrong. I'm always open to that possibility! - Adam
  4. 27 points
    Good morning everyone! I think at this point... I officially give up trying to move the weekly updates to Friday. Or Thursday. So I'm going to officially move them to Wednesdays for now I'm about to lose my internet, and my laptop battery is at 4%, so this will be a short post. Unless you all see anything different - I'd say things are still pointed the right direction. OIL took a tiny step backwards, but still tracking for a win if my target of $60 is correct. I'll include a super-technical chart analysis below: In addition to what I'm hearing from the other side of the pond, and what my own experience and insights conclude, I still believe that $60 mark is where we want to be headed. Hitting that price, on the current trajectory, is solid evidence of stability in the markets and will be reassuring to the CBI so they can take some bold steps. There is a low rumble off in the distance that sounds like an HCL thunderstorm, so we'll keep an eye on that. And I just hit 2% battery, so I'll get this posted now and rejoin the conversation(s) later. Be well, everyone! - Adam
  5. 24 points
    I’m at that point where I don’t give a fat Rats Azz about all the “ good news “ - we’ve been the donkeys to dangling carrots in front of our noses for far too long. Patience and Understanding are at an end. So whenever these idiots get around to getting a Globally Recognized Currency, I’m gonna do my voodoo and off I go. Until then, I have things to do. To hell with good news, ...it’s time to pony up and show us the $$$$.
  6. 22 points
    This is how I see it. It’s better to set your expectations for a longer wait and be surprised than set your expectations for a shorter wait and be disappointed. This is a list of few important things that makes me believe our wait will be longer - Complete the government .... Vacant ministers .... means stability - Important laws... HCL... Art 140 .... investment laws.... anti corruption laws and many others - IMF standby arrangement 2016/2019.... Third Review in mid 2019 - CBI strategic plan 2016/2020... development of banking system... banking laws... linking the banking system to the world - Census Of population 2020....to know the size of population... very important for the implementation of HCL...profit sharing to make planning decisions....forecasting the possible economic need... formulating economic policy determining population density - Banks reconstruction in Mosul just started... this banks need to be up and running, linked to the world banking system before RV - WTO membership .... lower trade barriers.... larger markets for their goods.... greater sales - Fight against corruption.... some political parties are threatening the GOI to bring chaos if their corruption is exposed. - Iran interventionist over Iraq. - Development of Private sector - Diversification of the economy This is just my perception of the actual situation in Iraq. I don’t want to enter into a debate. I want the RV asap, but we have to be objective. Enjoy the present, your life your family your friend. It will happen
  7. 21 points
    We are celebrating because SOME of us like to be positive. Ya got the gurus lying, AAANNDDD then ya got the doom and gloomers saying years away or what a mess etc. Dudes, take a month break from this site. Cool down and come on back. Ya dont have to be chicken Little all the time. I have been in 10 years too...but I never express my frustrations here. Why? Because it is a drag. It drags people down.
  8. 21 points
    Genuinely grateful for the prayers! I know there are a lot of Christians on this forum, so I'm going to do something I don't usually do and step out and ask for specific prayer. I got one confirmed job offer today and another pending but almost guaranteed offer today as well. I'm going to have to decide between the two soon. My prayer request is that God give me discernment which one to choose, and if neither of them are His will, then that He reveal the right job for me quickly. I am in a bit of a financial crisis and need something fast. Thank you and blessings to all my DV family here! Jeff
  9. 20 points
    http://alsabaah.iq/5727/استعدادات-لتنظيم-ملتقى-العراق-المصرفي-في-بغداد?fbclid=IwAR0Kv_fo-XB_8nGZ6EwCDC4Eg-ZGxOjENvFjDgLHK3uPceXsRQfPonqEkbk Preparations for the organization of the «Iraq banking» in Baghdad Wednesday 06 March 2019 430 Preparations for the organization of the «Iraq banking» in Baghdad Baghdad / Hussein Thugb Preparations are under way to organize the Iraq Banking Forum in its fourth session in Baghdad on 26-27 March, under the auspices of the Central Bank of Iraq, under the supervision of the International Economy and Business Group, which will address the issues of the advancement of the local financial sector, and with the participation of a group of Iraqi and Arab banking leaders, Specialists, and officials of specialized technological companies. Digital Banking Services The meeting addresses several topics, the most important priorities of the Central Bank of Iraq and elements of the five-year plan 2016-2020, harmonization of monetary and financial policies, and the return of the Iraqi banking sector to the international arena, as well as digital banking services and trends of modern technology and Iraqi banks towards electronic banking services, The role of specialized technology companies and prospects for cooperation with the Iraqi banking sector ATM.POS and the evolution and expansion of payment point networks. "Iraq is on the threshold of a period of radical political, security and economic changes that have been translated into completion of the liberation phase and the launching of reconstruction and construction workshops in parallel with the adoption by the government of a comprehensive economic plan and measures to develop the investment climate and enhance the role of the private sector to encourage," said Walid Abu Zaki. To attract new investments towards vital sectors, and the consequent need for significant financial flows. " Application of international standards He pointed out that "the catalysts of the organization of such meetings stems from the fact that the Central Bank of Iraq attached special importance to the need to keep pace with the application of international standards, which enhances the confidence of international banking institutions in the sector and its relationship with correspondent banks, including compliance standards, as well as international financial standards, With IFRS 9, and the need to raise the efficiency of the human resources working in the sector and to refine their expertise through training and capacity building. " Periodic platform for interaction Between Abu Zaki that "amid these developments, comes the Iraq Banking Forum fourth session, organized by the Economic and Business Group in cooperation with the Central Bank of Iraq and the Association of Iraqi banks private on 26-27 March, in order to create a platform for periodic interaction and dialogue and highlight the most important achievements and how Meet challenges arising from the application of international standards or the development of an appropriate local environment ". He pointed out that "the role of the Central Bank of Iraq is prominent in seeking to keep pace with the requirements of this stage, either through the adoption of monetary policy flexible taking into account the circumstances, or by creating the appropriate environment to expand the participation of local banks in financing." Islamic Banking Industry Economist Haidar Kazem al-Baghdadi said: "The banking sector has a great role to be a real supporter of the development processes sought by Iraq in the coming periods. In the context of efforts aimed at developing the banking industry, the work has focused on the development of the Islamic banking industry Is important to the efforts of the Central Bank of Iraq, as well as to develop electronic banking services and digital services through the use of vital investments in the development of these channels to keep pace with global developments taking place.
  10. 20 points
    The meeting addresses several topics, the most important priorities of the Central Bank of Iraq and elements of the five-year plan 2016-2020, harmonization of monetary and financial policies, and THE RETURN OF THE IRAQI BANKING SECTOR TO THE INTERNARIONAL ARENA, as well as digital banking service. This is a way to convince people to have confidence in the banks...confidence leads to people depositing their money and or opening an account---->CBI will have control over the money supply which will increase the percentage of money inside the banks and decrease the percentage of money in circulation.....this confidence along with other factors already took place will hopefully trigger the rv. I hope,for the sake of all Iraqis and merchants who are suffering financially due to taxes,...that the rv takes place before this event. Cheers all
  11. 20 points
    Thanks everyone for your prayers and well wishes. I accepted a job offer today. Not the best but not the worst. Somewhere in the middle.
  12. 19 points
    Wow, interesting thread and lots of opinions. Educated and uneducated. I feel i should remind everyone who believes in the LOP theory, that the Berttlesmann/Siftung Iraq country report for 2018 has the book value of the dinar at $1.71 as of the end of 2017. it is now well into 2019 and ISIS is all but gone, oil production is up and the security situation is stabilizing. The government is close to seating the last ministers (in the coming days) and the Kurds are on board with their allocation of the new budget that was recently passed. All in all, Id say we are looking as good as we have ever looked with this investment. Personally, I feel like we will be waiting for a while longer, maybe into 2020, but I hope for all of our sakes, I am wrong. I am keeping my eye open for the 2019 iraq country report. That should give us a more recent currency value, whenever they decide to publish it. Cheers all
  13. 19 points
    And Now There’s Been A Shabbi Sighting In Today’s News ! Britain appoints Iraqi professor Sinan al-Shabibi as chairman of monetary policy committee The British central bank issued a decision on Monday to appoint Iraqi professor Sinan al-Shabibi as chairman of the monetary policy committee. "The Bank of England decided to appoint Professor Shabibi as chairman of the Monetary Policy Committee, which was previously governor of the Central Bank of Iraq," the English media reported. "This decision came to benefit from the experiences of al-Shabibi to maintain the exchange rate of the British pound and to prevent the British economy from getting into trouble, especially after the exit from the European Union." Iraqi sources told al-Madar that Professor Sinan al-Shabibi had been deposed from the post of governor of the Central Bank of Iraq by the previous government headed by Nuri al-Maliki, because he did not agree to sell the dollar to Iran. link
  14. 18 points
    Get a grip. Trump has only done great things for the USA. HRC would only been concerned about getting her hand in your pocket to enrich herself. Trump only wants things to be better for all Americans. Period. Wish he was Canadian, we need a man like that. pp
  15. 18 points
    Central bank governor: funds are available but they are (scared)! The governor of the central bank, Ali al-Allaq, said Iraq has the fundamentals and the means to succeed in the economic environment, stressing the availability of funds but (reluctant) to enter the labour market. Al-Allaq said during his participation in the Sulaimaniyah Forum: from an economic vision there is no problem in the availability of opportunities for all sectors in Iraq for work and investment, stating: Money exists but is hesitant and afraid to enter the environment of work and investment. "This is the responsibility of the political and government leadership to create the right conditions and to prepare them to attract these investments," he said.
  16. 18 points
    Electronic Payment Card or E-cards. This is how I see it. To get the E-card you need a bank account. To open the bank account you need to deposit cash - financial inclusion - less cash in circulation - real time transactions - reduces the amount of chunky cash stashed at home - banks will have more money to loan to invest. - confidence of the citizens in the banking system Go CBI Go new monetary policy Go purchasing power Go $1:1
  17. 18 points
  18. 17 points
    Wow I am not sure why I am responding to you but I have been in this since 2005. You really should spend more time researching may I suggest! First of all Iraq doesn’t have to cover the RV so stop listening to guru nonsense while you are researching. The dinar you own does not get covered by Iraq. Iraq only has to cover what is circulating inside Iraq period...no they do not have 40 trillion circulating inside Iraq either so again you need to do more research. This is all I am willing to tell you believe what you want but in the end you will be lucky because you have invested in the dinar albeit not because you have been informed correctly sorry to say! The only thing you really need to do and research is post RV so are able to keep and grow your lucky windfall dinar investment may I highly suggest!!
  19. 17 points
    Here is another article from a different newspaper !!! pp Parliamentary Finance intends to develop mechanisms to maintain the stability of the dinar exchange rate 20-03-2019 08:06 AM The member of the Finance Committee of Parliament Abdul Hadi al-Saadawi, on Wednesday, the intention of his committee to develop mechanisms to change the financial funds to raise the dinar exchange rate and maintain the stability of inflation. "The committee will move during the current legislative term to change the fiscal and monetary policy in the country in general," Saadawi said in a statement exclusive to the newspaper / Al-Sabah and the official / Al-Madar said that "the committee is meeting with officials of the Central Bank to discuss this change during Next stage '. He added that 'the financial Parliament is keen to enact the law of financial administration as it gives a complete road map of the financial policy in the country in terms of management of money and cash in the state', indicating that 'the change will raise the exchange rate of the Iraqi dinar against foreign currencies while maintaining the stability of inflation in the country '. "The Commission is determined to make these changes during the next phase and not to follow the traditional methods are not appropriate at the moment." http://www.almadarnews.org/index.php?page=article&id=53258
  20. 17 points
    Folks, THIS is MESSED UP!!! AND The United States Of America Treasury (UST) HAS BEEN at the Bicraqi Iraqi CBI since January 2015???!!! AND the Bicraqi Iraqi CBI is COMPLIANT on Anti Money Laundering (AML) / Countering Financing of Terrorism (CFT)???!!! The question I have is, "HOW long can THIS go ON???!!!"!!! ALSO, "WHAT/WHO is HOLDING BACK the NECESSARY FIX to ALL THIS MESS???!!!"!!! So, MY (NOTE: MY) gut tells me THIS WHOLE DEAL HAS GOT TO GET RESOLVED NOW!!! WHY, pray tell, would THIS article be published NOW???!!! The Insanians TANKING the value of the Bicraqi Iraqi Dinar, NOT to mention DRAINING the Bicraqi Iraqi CBI, SO Bicraqi Iraqi Dinar is COMPARABLE in value to the Insanian Rial, er, TOMAN or WHATEVER???!!! Insanian work around of The United States Of America Sanctions WITH the FULL Knowledge Of The UST???!!! Isn't the Bicraqi Iraqi/Insanian trade FAR SMALLER THAN the Bicraqi Iraqi Crude Oil Sales in NONE other THAN the USD???!!! The Insanians are RUNNING OFF like BANDITS WITH USD AND PLUMMETING THE BICRAQI IRAQ DINAR VALUE!!! Praise the LORD for The True the United States Of America Patriot President Donald J Trump FOR Such A Time As THIS!!! NO WONDER THE PREVIOUS JCPOA WAS SO, SO SCREWED UP!!! NO WONDER THE SANCTIONS ON THE INSANIANS AND INSANIAN ENTITIES!!! The Insanians WERE allowed to fund THEIR Terrorist Machine by MILKING the Bicraqi Iraqi CBI, TOO!!! Well, OK, OVERALL, THIS is REALLY Good News, wouldn't YOU say???!!! WHY, pray tell, would THIS news be released to the Bicraqi Iraqi NOW to, potentially, HACK THEM OFF???!!! Oh, YEAH, Heat AND Sand Season IS Nigh Upon THEM???!!! THIS WILL get Good like REAL Good!!! Honestly, articles like THIS make me think AND feel, "Somethinz Gotta Change!!!"!!! My adrenaline HIGH is a mix of VISCERAL ANGER AND STRATOSPHERE EUPHORIA when I read stuff like THIS!!! The transparency of THIS article AMAZES me!!! In The Mean Time................................................................................................. Ah, JUST Ignore The Nut Jobs Posting THIS Crap............................................. AND (of course).................................................................................................... Go Moola Nova (YEAH AND YEE HAW, BABAE', READAE' WHEN YOU ARE BROTHA (OR SISTA) - LET 'ER BUCK!!!)!!!
  21. 17 points
    Image .. NASDAQ in New York raises the name and logo of the Iraq Stock Exchange Friday 8 March 2019 21:19 Alsumaria News / Baghdad published the Nasdaq Stock Exchange (NAZDAQ) in New York City in Time Square, the tower "name and logo market Iraq Stock Exchange , " which represents a historic event to raise the name of Iraq high and gives an important message that great interest by a global institution institution of an Iraqi sober. Iraq Stock Exchange and is a self - regulatory institution was established in 2004 as Iraq used market NAZDAQ global company used by 32 Arab and European Stock Exchange and the Nasdaq Stock Exchange in the US securities trading systems since 2009 and until the present day. The NASDAQ Iraq Stock Exchange one of the most important Arab financial markets being keen on the use and development of electronic systems, and today here is celebrating the NASDAQ with the Iraq Stock Exchange through a major announcement posted on the Tower Nasdaq congratulate the world for women and their role in making life. https://www.alsumaria.tv/news/262933/%D8%A8%D8%A7%D9%84%D8%B5%D9%88%D8%B1%D8%A9-%D8%A8%D9%88%D8%B1%D8%B5%D8%A9-%D9%86%D8%A7%D8%B2%D8%AF%D8%A7%D9%83-%D9%81%D9%8A-%D9%86%D9%8A%D9%88%D9%8A%D9%88%D8%B1%D9%83-%D8%AA%D8%B1%D9%81%D8%B9-%D8%A7%D8%B3%D9%85-%D9%88%D8%B4%D8%B9%D8%A7%D8%B1-%D8%B3%D9%88%D9%82/ar
  22. 17 points
    I have been waiting to see articles like this. Once those tariffs were implemented I posted they need to increase the purchase power or the citizens would begin getting upset. Here we go!
  23. 17 points
    Thanks DFlat7. President Trump is the best President we've had! Winning!
  24. 16 points
    Rhona, you cannot be further from the truth. Just from hanging around here in DV-land you can gain a fair knowledge of geopolitics, US politics, finance and investments; if you are discerning. Did he tell you if you like your Dr you can keep your Dr ? Nope! Mr Obama did that. Did he tell you that selling 20% of the USA store of refined Uranium to Russia after they make a huge donation to The Clinton Foundation was a good deal for us ? Nope, HRC did that while SOSUS. Did he tell you that 3% growth in GDP or higher was possible still after POTUS Obama said that we would never see that ever again ? Yes he did. Did we through his policies see that rate of growth ? Yup we did. Did Trump sexually groom and manipulate young impressionable daughters of the american people while in the WH? Nope WJC did. Have you ever had a child, friend, or family member touched by a drug addiction ? Or had friends who's children were touched by a drug issue? 90% of drugs that flow into the US do so over the US/Mexican border. As does human trafficking, or less tactfully put sex slavery. Ever heard of Angel Moms. To you, do you believe they are lying. What will happen to your world or mine if the Muller Report proves Trump innocent of all the accusations of collusion on the part of his campaign? Will you support a full blown Independent Counsel Investigation into the Russian collusion they did find proof of ? The DNC/Clinton convoluted (that means they went thru multiple entities to hide that fact) Russian collusion that used Russian information (false russian info) for "Op Research" on Trump . Or the lies that Obama's DOJ, DOD, NSA, and FBI gave when they walked the same "OP RESEARCH" to the FISA Courts to get warrants to spy on Trumps campaign ? What about all of these lies Rhona ? Trump does have his background faults and flaws. He is brash and harsh, and tells it like it is. But if you have ever received redemption from the trash of your past why can't we allow him his? Don't think that because he still has an ego that he is beyond help. Anyone that aspires to and gets elected to POTUS has a huge friggin ego. Anyone .
  25. 16 points
    Just Hurry Up And Do Something So That We Can All Take A DV Cruise And Get Completely Ship Phased !
  26. 16 points
    So, OK, I think back to former The United States Of America President Tricky in 1972. Just OFF the Gold Standard in 1971 AND Henry Kissingher's ( ) Super Secret DO NOT TELL ANYBODY trip THROUGH Pakistan in 1970 to "arrange" the meeting AND Maotai/Moutai/whatever NOW famous photo op former The United States Of America President Tricky had with Mousey Dung. For those who DO NOT know, Maotai/Moutai/whatever comes in a white porcelain container shaped like a liquid DRANO container the top HAS to be broken off to open. TASTES LIKE LIQUID DRANO, TOO!!! YUK!!! (DO NOT try THAT at home - YOU'LL wish YOU NEVER DID !!!)!!! YEP!!! Somethinzs Up WITH The Chinese!!! Belt AND Road Initiative - YEAH BABY!!! Move THEM goods via the Old Silk Road. MAKE INTERNATIONAL Commerce POSSIBLE for LAND LOCKED Countries ACCESSIBLE BY the Old Silk Road via the Belt AND Road Initiative!!! China HAS BEEN dumping ALL kinds of MONAE' INTO INFRASTRUCTURE/TRANSPORTATION via the BRICS in the Old Silk Road Routes!!! Looks like the Rail Road tracks ARE LAID to, basically, the Bicraqi Iraqi border WITH future aspirations for rail to Europe!!! NO WONDER the last stubborn ISIS pocket North AND East of the Euphrates River near the Bicraqi Iraqi border HAS TO be taken. THAT appears to be in the FINAL Clean Up NOW!!! 3,000+ ISIS AND Family Members Have Surrendered in the LAST Couple DAZE!!! So, OK, NOW the Chinese are GIVING Access To INVESTORS To 10 BILLION USD Worth Of Financing IN Iraq??? AND, ALL on the HEELS of the meeting with The True The United States Of America Patriot President Donald J Trump???!!! WOWZERS!!! Talk About A DEAL!!! THANK YOU True The United States Of America Patriot President Donald J Trump!!! I DO NOT think the Chinese HAVE a LION SHARE Of The PRIZE HERE!!! I suspect "Legacy" "Agreements" "Helped" "Frame" the "Discussions". IF I (NOTE: I) understand CORRECTLY, Warren Buffet would ALWAYS invest in Transportation relative to items JUST PRIOR to the market taking off FOR THOSE ITEMS!!! China DOING the SAME THING!!! 10 BILLION USD worth of FINANCING through (likely BRICS) SURE LOOKS LIKE IT!!! Go Moola Nova!
  27. 16 points
  28. 16 points
    Kurdistan issued a resolution to resolve all oil and financial disputes with Baghdad Economy News - Baghdad The Kurdistan Regional Council on Friday issued a resolution to resolve disputes related to the oil and financial sector between Arbil and Baghdad. "The Council of Ministers has taken two decisions during today's meeting," said Secretary of the Council of Ministers of the Region Amang Rahim in a joint press conference with the spokesman of the government of Kurdistan Sven Dzai. He added that "the first decision is to repeal the decision in 2016 to save the salaries of employees in addition to that the Kurdistan Regional Government will make serious efforts to pay the dues that it gave to the employees to save in dialogue with the federal government." He added that "the decision to cancel savings comes into force from the date of issuance and published in the official newspaper of reality in the Kurdistan Region." He explained that "the second decision is to proceed with the recommendations of the Supreme Council of Oil and Gas in the beginning of dialogue and serious negotiations with the federal government to find a radical solution to the oil and financial differences and the framework of the Iraqi constitution." Views Date Added Date 08/03/2019http://economy-news.net/content.php?id=15699
  29. 16 points
    For us long timers, it's beneficious though unofficious that we pick our names unmalicious. There's no need to be overofficious or suspicious, even though some of us see ourselves swaggerlicious, cuddlicious or even bootylicious. While I would say many in the rumors section qualify as cheesylicious, sacrilicious and unauspicious. But my intent is to say, unofficious, most all DV folks are funalicious, nonsuspicious and just down right fabulicious.
  30. 16 points
    Lets keep it nice an on topic. Calling folks stupid, clueless etc..Is not being respectful an will lead to Mod review on future post. Folks you can have a clean conversation without name calling and cuss words. Thanks for cooperation in this matter an have a Great Day and Stay here @DV....
  31. 16 points
    Just my opinion When the CBI refers to the right environment (stability) to start the delete of the 000 process, I believe the CBI is talking about a fully seated government. Go CBI Go fully seated government Go Delete of the 000 Go RV
  32. 15 points
    Unlike your dehumanization of Trump as being disgusting (not discusting; you should not type with a NY/NJ accent), and your uninformed belief that Trump has not spoken a true word any time in his life. I will not do the same about John McCain. McCain was a longtime and wonderful Senator. I did not like the ways he would regularly vote against the Republican position on matters. McCain did lose two Navy aircraft while piloting them. One crash was found to be McCain’s fault, the other due to an engine failure of undetermined cause. A third was destroyed on the deck of the carrier USS Forrestal when a missile fired accidentally into McCains own aircraft causing him to panic. Which caused him to accidentally drop 2 bombs on deck, triggering a disastrous fire. McCain "accident" did kill 134 sailors and nearly killed McCain. A fourth plane was lost when he was shot down over North Vietnam on a bombing mission over Hanoi. this according to FactCheck.org . Google it see for yourself. McCain cheated on his wife. You know he was married before right ? He courted his current wife, Cindy, for months before divorcing Carol Shepp in 1980. Again, per FactCheck.Org . Isn't it nice that they used the word "courted" instead of "cheating." My point is that once elected to office and what the person does while in office to effect the reachable goals of his constituents and declared party is what matters. Not the past, sordid or not. All have a skeleton or so in their closet. Thats why we must all ask God to forgive us. And why Jesus died on the cross to pay the price for our sins and misgivings, so that we wouldn't have to pay the cost of them. McCain and Trump did not get along. Also a fact, no need to go to FactCheck.org for that one. Trump says he was a daredevil clown sometimes when behind the joy stick. (A phrase McCain himself used.) McCain didn't like Trump who was a self made man after a $1 million dollar loan from his father. He didn't like that Trump took $1 million and worked to turn it into 3-4 billion. There is no law or IRS regulation that requires a POTUS candidate to make his or her income tax records public. But Parts of Donald Trump’s 2005 federal tax returns were made public , revealing that the president made $150 million that year and paid $38 million in taxes. This means that , that year he personally paid a bit over 25% of his income in taxes. What more are you just going to close your eyes and mind to about POTUS Trump. Trump won, HRC lost. Trump has been falsely accused and investigated for almost 3 years now. Hopefully HRC will be next. I know because I am not contrite to your position, because I can, will and do defend my thoughts on such matters I am a misogynist, and your NOT a misandrist ? Its time to move on from your rhetoric and mine. Trump is doing at minimum a pretty ok job so far.
  33. 15 points
    I know I Will get rubies for this….so all these years Laidback you have said we were close, you were a cheerleader for LET´S GO JAN 2014 on up and up and up...NOW suddenly we Will all be disappointed because you have reversed gears and say it Will be years. So...…….what if you are wrong now? I have seen guys like you so enthusiastic and pumped up and positive....when it doesnt happen for a few years then go turn to this….Then they go bitter like Mr. Rich and many others. So dont go down the darkside LB. Stay with us. Drop this years talk.
  34. 15 points
    That Be The Only Reason That It’s Straight Up Legit ! And Be Sure To Enjoy The Line That Iraq Is On The Threshold Of Radical Economic Changes ! Preparations for the organization of the «Iraq banking» in Baghdad Wednesday 06 March 2019 Baghdad / Hussein Thugb Preparations are underway to organize the Iraq Banking Forum at its fourth session in Baghdad on 26-27 March, under the auspices of the Central Bank of Iraq under the supervision of the International Economy and Business Group, which will address the topics that will promote the local financial sector and with the participation of elite Iraqi and Arab banking leaders , A group of experts and specialists, and officials of specialized technological companies. Digital Banking Services The meeting addresses several topics, the most important priorities of the Central Bank of Iraq and elements of the five-year plan 2016-2020, harmonization of monetary and financial policies, and the return of the Iraqi banking sector to the international arena, as well as digital banking services and trends of modern technology and Iraqi banks towards electronic banking services, The role of specialized technology companies and prospects for cooperation with the Iraqi banking sector ATM.POS and the evolution and expansion of payment point networks. "Iraq is on the threshold of a period of radical political, security and economic changes that have been translated into completion of the liberation phase and the launching of reconstruction and construction workshops in parallel with the adoption by the government of a comprehensive economic plan and measures to develop the investment climate and enhance the role of the private sector to encourage," said Walid Abu Zaki. To attract new investments towards vital sectors, and the consequent need for significant financial flows. " Application of international standards He pointed out that "the catalysts of the organization of such meetings stems from the fact that the Central Bank of Iraq attached special importance to the need to keep pace with the application of international standards, which enhances the confidence of international banking institutions in the sector and its relationship with correspondent banks, including compliance standards, as well as international financial standards, With IFRS 9, and the need to raise the efficiency of the human resources working in the sector and to refine their expertise through training and capacity building. " Periodic platform for interaction Between Abu Zaki that "amid these developments, comes the Iraq Banking Forum fourth session, organized by the Economic and Business Group in cooperation with the Central Bank of Iraq and the Association of Iraqi banks private on 26-27 March, in order to create a platform for periodic interaction and dialogue and highlight the most important achievements and how Meet challenges arising from the application of international standards or the development of an appropriate local environment ". He pointed out that "the role of the Central Bank of Iraq is prominent in seeking to keep pace with the requirements of this stage, either through the adoption of monetary policy flexible taking into account the circumstances, or by creating the appropriate environment to expand the participation of local banks in financing." Islamic Banking Industry Economist Haidar Kazem al-Baghdadi said: "The banking sector has a great role to be a real supporter of the development processes sought by Iraq in the coming periods. In the context of efforts aimed at developing the banking industry, the work has focused on the development of the Islamic banking industry Is important to the efforts of the Central Bank of Iraq, as well as to develop electronic banking services and digital services through the use of vital investments in the development of these channels to keep pace with global developments taking place. link
  35. 15 points
    Small down payment for the 3 trillion we have spent over there. Worse yet wont get back the 6000+ lives we lost and thousands of dismembered brave men and women soldiers. Cant put a price tag on that.
  36. 15 points
    2 full weeks later and the gazette website is still down ... http://www.iraq-lg-law.org/ar
  37. 15 points
    This thread was listed as a “related topic” to something I was just viewing in the VIP section, otherwise I may have never seen it. The responses above are sufficient, but I’ll chime in anyway. HCL is indeed merely a profit sharing agreement, and until there’s a decent agreement in place regarding profit sharing, we have a difficult road to travel for an RV, which is all about profit. The profits little people like us will see from a change in the exchange rate of the Iraqi dinar are small compared to what larger instituitions will realize. This is something that happens every day, and that’s not particularly important. What IS important is this; We can certainly have an RV without the HCL, but doesn’t it make sense that a written agreement that guarantees a portion of the spoils to a major part of the Iraqi (bicracky) population would grease the wheels? I think so. There are times that I oversimplify things - my weekly updates would be regular 6 hour long dissertations if I didn’t. Over the years, I’ve given more than a few deeper looks into my reasonings for the importance of the HCL but I hope I’ve also expressed that it’s not a “requirement”. The Iraqi dinar will increase in value with or without an official HCL. Personally I think the rate will be stronger with the HCL. Also personally, I’d be happy with a lower rate without an official HCL.
  38. 15 points
    Remember when this was an HCL pinned thread?
  39. 14 points
    Very interesting jump today.....😍 https://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=IQD XE Currency Converter: USD to IQD Amount From USDUS Dollar To IQDIraqi Dinar 1USD = 1,205.88IQD 1 IQD = 0.000829270 USD1 USD = 1,205.88 IQD US Dollar to Iraqi Dinar Conversion
  40. 14 points
    Parliamentary Finance intends to develop mechanisms to maintain the stability of the dinar exchange rate 20-03-2019 08:06 AM Number of readings: 60 Agency of the orbit - Baghdad The member of the Finance Committee of Parliament Abdul Hadi al-Saadawi, on Wednesday, the intention of his committee to develop mechanisms to change the financial funds to raise the dinar exchange rate and maintain the stability of inflation. "The committee will move during the current legislative term to change the fiscal and monetary policy in the country in general," Saadawi said in a statement exclusive to the newspaper / Al-Sabah and the official / Al-Madar said that "the committee is meeting with officials of the Central Bank to discuss this change during Next stage '. He added that 'the financial Parliament is keen to enact the law of financial administration as it gives a complete road map of the financial policy in the country in terms of management of money and cash in the state', indicating that 'the change will raise the exchange rate of the Iraqi dinar against foreign currencies while maintaining the stability of inflation in the country '. "The Commission is determined to make these changes during the next phase and not to follow the traditional methods are not appropriate at the moment." http://www.almadarnews.org/index.php?page=article&id=53258
  41. 14 points
    Are You SURE about THAT, Pitcher, AND The Very Best Of Your Up Coming Week To You, SIR!!! Well, OK, I DID take OFF my Rose Colored RV Glasses AND took a look at ALL THIS!!! BEFORE I stepped INTO THIS Speculative Bicraqi Iraqi Dinar Investment. I could NOT believe what was WAS/IS projected for the Bicraqi Iraqi Dinar THEN I SAW what was going on. From my LIMITED perspective, of course. It dawned on me WHY former The United States Of America President Tricky was in China in 1972. I have a an elderly colleague I worked with who is originally from Pakistan. He had grandfathers (even on his wife's side) AND a father VERY high up in Pakistani positions and has extended family in Pakistan AND India TODAY. He told me China is DUMPING ALL KINDS of funds into Pakastani INFRASTRUCTURE AND TRANSPORTATION. For WHAT???!!! One MAY ask???!!! (I surmise) Reestablishing the Old Silk Road via the Belt AND Road Initiative - FOR Money, LOTS of Money via land based goods trade. JUST LIKE the Old Silk Road but even BETTER AND FASTER!!! So, You see, Iraq is a NECESSARY PORTION of the OVERALL piece of the Old Silk Road PIE. Iraq is STRATEGIC AND HAS ENORMOUS NATURAL RESOURCES VALUED INTERNATIONALLY!!! Languishing in Sectarian Strife AND Civil War is NOT going to foster INTERNATIONAL trade with AND through Iraq via the NEW Belt AND Road Initiative. How, pray tell, is Iraq going to get funds for reconstruction, construction, AND economic development WITHOUT foreign investment???!!! The Bicraqi Iraqi Gubmint via Bicraqi Iraqi Crude Oil Sales???!!! Yeah, Right. Iraq NEEDS a WHOLE LOTTA cash FLOW. NOW, HOW, pray tell, are the Bicraqi Iraqi going to get THIS show on the road WITHOUT an INTERNATIONALLY valued Bicraqi Iraqi Dinar FUELING Foreign Investment???!!! Apparently, Dr. Sinan Shabibi TRIED to ReInstate the Bicraqi Iraqi Dinar in 2013 IN Iraq. So Bark Insane Obama AND Nouri al-Maliki put the KIBOSH on THAT!!! Dr. Sinan Shabibi is NOW in England. WHY England pray tell???!!! England REMAINS a (if NOT THEE) MAJOR World Financial Hub. Major plans for the Bicraqi Iraqi Dinar???!!! Need I say OR ask more???!!! Hey, AND what about Brexit on the way???!!! The Insanian missile threats to Israel as well as Nauti Arabia ARE real AND another avenue attempting to KIBOSH the Bicraqi Iraqi trajectory ascending to INTERNATIONAL world trade status WITH an INTERNATIONAL Bicraqi Iraqi Dinar. Will be dealt with QUICKLY AND EFFECTIVELY I am Pretty Sure! So, I am a fan of SOONER rather than LATER BEFORE things ALL go to PIECES (literally, I suspect)!!! Well, OK, maybe BABY I DO have my Rose Colored RV Glasses on. Maybe BABY NOT!!! In The Mean Time............................................................................................................... Go Moola Nova (YEAH AND YEE HAW, BABY, READY WHEN YOU ARE BROTHER (OR SISTER) - LET 'ER BUCK!!!)!!!
  42. 14 points
    The 2016 employment rate in Iraq was 43.2%. https://tradingeconomics.com/iraq/employment-rate Here is a recent depiction of the demographics: Age structure:This entry provides the distribution of the population according to age. Information is included by sex and age group as follows: 0-14 years (children), 15-24 years (early working age), 25-54 years (prime working age), 55-64 years (mature working age), 65 years and over (elderly). The age structure of a population affects a nation's key socioeconomic issues. Countries with young populations (high percentage under age 15) need to invest more in schools, while countries with older population . . . more 0-14 years: 39.01% (male 8,005,327 /female 7,674,802) 15-24 years: 19.42% (male 3,976,085 /female 3,829,086) 25-54 years: 33.97% (male 6,900,984 /female 6,752,797) 55-64 years: 4.05% (male 788,602 /female 839,291) 65 years and over: 3.55% (male 632,753 /female 794,489) (2018 est.) https://www.cia.gov/library/publications/the-world-factbook/geos/iz.html Here is a summary of the above data: Nominally 39% of the total population is 0-14 years old and would not need a bank account. Likely, a significant portion of the males and potentially some females 65 years old and older would have bank accounts due to pension distributions via the Smart Card, Ki Card, VISA, MasterCard, or whatever. This is only nominally 3.6% of the Bicraqi Iraqi population. This leaves a heart cut of nominally 57% of the Bicraqi Iraqi in the available working pool. Females make up nominally 50% of the available working pool. Potentially, a significant portion of these females would not have a bank account especially in the poorer or tribal areas. Also, a SUBSTANTIAL portion of the Available Working Bicraqi Iraqi are BELOW the poverty line and live hand to mouth where a bankster account is a HUGE hassle AND WASTE of time. So, cash is King for a SUBSTANTIAL portion of the Bicraqi Iraqi Population NOW. So, ONLY 20% of the Bicraqi Iraqi population having a Bankster Account is NO Biggie NOW. A couple things THAT WILL skew the percentage having a Bankster Account BIG TIME ARE: Enactment of the HCL to dump the proceeds universally. Foreign Investment to create jobs for the Bicraqi Iraqis that will encourage or require direct deposit. If I recall correctly, some number sticks in my head, there IS a target for financial inclusion of 21%. So, being 1% off THIS or, nominally, 5% of the Bicraqi Iraqi population is NO Biggie. So, the moral of the story here is NOT to get the under garments in a bind since 20% is a PRETTY GOOD number for NOW!!! The FUTURE increase in the PERCENTAGE of bankster accounts is within an order of magnitude (multiplier of 5 that is less 10) WHEREAS the Ultra Modern Bankster hard ware AND capabilities the Bicraqi Iraqi NOW have is MORE THAN capable of handling the "future" "added" "demand". In The Mean Time................................................................................................... Go Moola Nova (YEAH AND YEE HAW, BABY, READY WHEN YOU ARE BROTHER (OR SISTER) - LET 'ER BUCK!!!)!!!
  43. 14 points
    WOWZERS!!! As the QUAGMIRE THICKENS!!! So a Bicraqi Iraqi water bottle costs 250 Bicraqi Iraqi Dinar/ (1,190 Bicraqi Iraqi Dinar / USD) or 0.21 USD. So the SNEAKY Bicraqi Iraqi Banksters charge a whopping 2,000 Bicraqi Iraqi Dinar / (1,190 Bicraqi Iraqi Dinar / USD) or 1.68 USD for THIS E - card (VISA AND MasterCard) Point Of Sale (POS) transaction. So, OK, I use my bank ATMs AND have NO fees for withdrawals. If I do NOT use my bank ATM (on an EXTREMELY rare occasion), the ATM withdrawal fee is 2 - 3 USD for whatever amount of USD I withdraw. In a sense, the 1.68 USD is NOT out of line compared to OTHER Countries ATM withdrawal fees NOT of the same bank BUT is disproportionate to the IN COUNTRY Bicraqi Iraqi currency value of products AND ATM AND/OR POS fees. Hmmmmmmm.................................................... So, why are the ATM AND/OR POS E - card (VISA AND MasterCard) fees comparative INTERNATIONALLY while the Bicraqi Iraqi Dinar values IN Iraq NOT a TRUE INTERNATIONAL value???!!! Will the Bicraqi Iraqis get ALL upset about THEIR minuscule Bicraqi Iraqi Dinar INTERNATIONAL value AND demand the TRUE INTERNATIONAL Bicraqi Iraqi Dinar rate???!!! Maybe BABY it looks likie THAT is where ALL the Bicraqi Iraqi are headed AND Lookin' Good for us Speculative Bicraqi Iraqi Dinar Investors!!! In The Mean Time.......................................................................... Go Moola Nova (YEAH AND YEE HAW, BABY, READY WHEN YOU ARE BROTHER (OR SISTER) - LET 'ER BUCK!!!)!!!
  44. 14 points
    https://www.alsharqiya.com/news/بدء-العمل-بالتعرفة-الكمركية-الجديدة/........ Start the new customs tariff February 28, 2019 Baghdad - Eastern Province February 28: The customs department at Baghdad International Airport distanced itself from the chaos of the accumulation of goods and a large part of them were damaged in the air cargo stores after the entry of the new customs tariff came into force. The owners of factories and traders say they had to close a large number of projects and lay off workers after doubling Taxes that can not be borne by simple citizen income
  45. 14 points
  46. 14 points
    The Chart Looks Kinda ‘Crude’ To Me ...
  47. 14 points
    "Principle Of Transparency AND Compliance WITH The Instructions OF The Central Bank Of The Bicraqi Iraqi"???!!! Bless THEIR Hearts!!! So we have here five (5) news articles posted here by the honorables @yota691 AND @Butifldrm that were broadcast ALL over the Bicraqi Iraqi News Media that APPEAR to have a simultaneous release for publication. Why NOW???!!! Seems like with ALL the barn animals ALL out of the barn, it is quite LATE to close the barn door(s)!!! Some things that stand out to me: Pertains to ALL banks. Bought through the window of SELLING Foreign Currency. I ASSUME THIS to mean the weekday corrupt Bicraqi Iraqi CBI daily currency auctions SELLING USD. Report on the Foreign Currency NOT sold so far THAT I ASSUME is held by EACH bank THAT is likely ALL USD. So, WHY is the Bicraqi Iraqi CBI concerned about the bank holdings of Foreign Currency NOW???!!! THIS may be BABY an audit being conducted by the Bicraqi Iraqi CBI Impromptu OR Otherwise. Hmmmmmmmmmm................................Department Approval.............................Lookin' For Rats, er, Culprits???!!! Foreign Currency Exchanges to Foreigners OUTSIDE IRAQ???!!! Insanians, ISIS, Other TERRORIST Individuals???!!! NOW "to PREVENT the FAILURE to COMMIT VIOLATIONS of INSTRUCTIONS to SELL CASH"???!!! AGAIN............................................................................................... Why NOW???!!! Somebody(ies) JUST kicked THEIR keesters in GEAR at the Bicraqi Iraqi CBI???!!! I suspect the announcement of the major ISIS funding recently being discovered and terminated raised some INTERNATIONAL severe AND strong concerns about the effectiveness of the Anti Money Laundering (AML)/Combating Foreign Terrorism (CFT) being exercised by the Bicraqi Iraqi AT The Bicraqi Iraqi CBI AND affiliate banks. Hey, EVEN the Europeans TOLD the Insanians to get THEIR FATF act together OR ELSE!!! The Bicraqi Iraqi have NOT been craqi about much of ANYTHING so I suspect THESE Bicraqi Iraqi are smokin' some whaqi craqi at the Bicraqi Iraqi CBI AND affiliate banks instead of implementing the NECESSARY practices for the "opiate of prosperity". Shame, Shame, SHAME on the Bicraqi Iraqi at the Bicraqi Iraqi CBI AND Affiliate Banks FOR smokin' the whaqi craqi!!! I DO think, though, THIS weighs in OUR favor for positive movement on the ReInstatement of the Bicraqi Iraqi Dinar INTERNATIONALLY "SUDDENLY"!!! In The Mean Time.......................................................................................... Stay Tuned For EVEN MORE Related News Articles................................... AND (of course)............................................................................................. Go Moola Nova (YEAH AND YEE HAW, BABY, READY WHEN YOU ARE BROTHER (OR SISTER) - LET 'ER BUCK!!!)!!!
  48. 14 points
    Not so much about me. But about the ones that count on me. Its nice you care enough to directly respond to me. Life can be good, it can be hard, it can be just enough. I think for so many its just been enough for too long. Waiting for the good times to roll and hope we all put our money in a safe place where we cant be taken advantage of, I kinda have a history of that. Heres to good times for all of us and our loved ones. Cheers.
  49. 14 points
    I touch and agree with your prayer request my brother. God says HE blesses the work of your hands, so know that whichever one you choose God will bless it. I always say, when God opens a door I'm not going to be the one to close it. And when HE closes one, I'm not going to be the one to open it. So I also pray that God open one door and close all the others so you will know HIS perfect will for you. Meanwhile, I turn to you to pray that GOD send me work as well, and the money not only to pay my bills, but to bless others to pay theirs. I've been self employed over 32 years and never know where my next project is coming from but GOD has never failed to provide for me. But I also never stop praying for HIS provision! Now, for both of us, and everyone else on here that has a need, I lift up to our GOOD HEAVENLY FATHER to send HIS Angels of PROVISION right NOW to provide overflow for whatever that need or needs are, whether they be physical, financial, medical, emotional, spiritual, and any other needs. Loose your angels NOW FATHER, please, In JESUS NAME, AMEN and AMEN!!! Now we expect a GOOD REPORT for all who receive this and agree.
  50. 13 points
    Thank you Botzwana, Mary B and Poker Player. This is what we've been waiting for. It just makes me think - Instead of investing our money in Iraq so many years ago, we could have saved ourselves a lot of aggravation and just invested now, when Iraq is telling us that THIS is the time to invest. 😂


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