vegasman56

The U.N. Security Council brought Iraqone step closer on Thursday to ending United Nations sanctions imposed on Baghdad more than two decades ago after former President Saddam Hussein invaded Kuwait In 1990. The 15-member council unanimously agreed that the issue of missing Kuwaiti people, property and archives should be dealt with under Chapter 6 of the U.N. Charter – which urges countries to peacefully resolve any conflicts – instead of Chapter 7. Chapter 7 of the charter allows the Security Council to authorize actions ranging from sanctions to military intervention if states do not abide by council demands. The move by the council is a significant political boost for Baghdad as it struggles to restore its international standing a decade after a U.S.-led invasion of Iraq toppled Saddam in 2003. The Security Council resolution recognized “the importance of Iraq achieving international standing equal to that which it held prior to (1990).” U.S.-led troops drove Iraq out of Kuwait in the 1991 Gulf War. “This is a new beginning for the relations between our two neighborly and brotherly countries,” Iraq’s Foreign Minister Hoshyar Zebari told reporters after the vote. “This is an example for other countries also to resolve their disputes and differences through peaceful means.” The only issues linked to Iraq’s invasion of Kuwait that remain under Chapter 7 are an arms embargo and Baghdad’s payment of $52 billion in compensation to Kuwait, diplomats say. Iraq still owes $11 billion and has said it expects to pay by 2015. There are still a range of Chapter 7 issues imposed on Baghdad after Saddam’s ouster in 2003, diplomats say, including the freeze and return of Saddam-era assets and trade ban on stolen Iraqi cultural property. U.N. Secretary-General Ban Ki-moon has recommended that the U.N. political mission in Iraq should take responsibility for facilitating the search for missing Kuwaitis, or their remains, property and the country’s national archives.

(Scooter) He has a wealth of knowledge about the Iraqi Dinar, about things of a technical nature, including the Forex, Geo-political events, and so on. He has recently released a series of pdf diagrams he’s titled, “The Trifecta Theory”, that involves the USA, Iraq, and China, and the dynamics involved in this interesting world currencies and economic power-play game we’re embroiled in, and observing on an acute level. I anticipate our conversation to be extremely educational, definitely enlightening, and unquestionably entertaining. Here’s a little about my guest, and every forum’s “Scooter“, for your reference: Scooter’s Background Grew up in the great northwest in the US Went to college and got his Bachelors Been playing FOREX on and off since 1992, mainly the majors, not the exotics. Saw a full page spread in USA Today regarding Iraq Dinar while travelling from Chicago to San Diego and immediately acquired my first 2.5 million in 2005. Been purchasing on and off since that time with the hope that it would open to the FOREX by 2013. He loves playing the Foreign Exchange market because it’s all inclusive when it comes to certain trades. Everything from technical variables, fundamentals like oil and commodities, and the geopolitical environment like we’re seeing in Iraq come into the equation when trading. He’s been trained in FOREX, both technically and fundamentally and loves the prospects of the IQD. Currently, researches the Iraqi Dinar on a part time basis and post his findings across the net to a variety of different sites. That is a really good interview scooter is very knowledgeable and entertaining to working on the link.....

No matter where you go on the Internet or what site you are on at the time, all is speculation no matter who it is, PD, DV or DD. We are all adults here, and some of us should become adults, over this matter, and we are responsible for our own actions. You have to take everything with a grain of salt. This thing might happen today, tomorrow, next week, Next month, or even Next year, or what the true rate will be, no one knows for sure, I personally believe and hope that we are very close to becoming wealthy. One thing I've learn since I live here in Las Vegas . Do not bring the rent money, the car payment, or your kid's college fund, to Las Vegas. They do not build these fancy casinos here in Las Vegas by giving money away. And the same goes for buying Iraqi dinars or putting them on reserves, be responsible for yourself and to your family. I suggest to, do not go underwater with your budget. And this is my opinion only as I stated before, we are all adults here and responsible for our own actions. We should not bash other sites of their opinion, and that’s all it is, just their opinions.

"News" BAGHDAD - An advisor of the Iraqi List, Dr. Hani Ashour said Council senior policy represents the national balance is the result of the initiative of Mr. Masoud Barzani, which produced a consensus on government formation and the establishment of the National Council, and can not breach the principles of the initiative and achieve the party and the one without the other party. Ashor noted that the formation of the government is linked to Council policies higher because the initiative of Mr. Barzani was based on the compatibility of fueling the political process to form a partnership government without marginalization or exclusion, and with the active participation of all the blocks after the crisis continued to form a government more than eight months, and the agreement was a waiver of the Iraqi electoral right in the curvature of the prime minister against the will of the people to ensure the partnership in decision-making through the National Council for the upper and policies to achieve national partnership form and substance for the manufacture of the future of Iraq and restore security and stability. According to Ashour said to circumvent the National Council of the policies the upper and try to impede and reduce his powers is a breach of the draft national partnership and the initiative of Mr. Masoud Barzani, which means that the future of the political process will be the test of collapse and lack of confidence, which means failure in the next stage and the failure to ensure national balance which must have is the building block rebuild Iraq. Ashour said the coming days should see the emergence of the government and the National Council of the policies of the Supreme simultaneously because that the first steps the partnership in order to facilitate the work of the government and its support through the experiences and decisions from which the National Council to ensure the balance of the political process, which will pay to ensure the future of Iraq during the next four years. Ashour stressed that the draft Law of the National Council was ready and must be paid to the parliament for a vote of confidence and that any attempt to impede would be a coup against the initiative of Mr. Massoud Barzani and Iraqi political consensus, which ended the crisis eight months of delays and lack of confidence. that looks better

How big of an event would need to be for Dinar Trade to open their exchange offices? $5K per 1 Million Dinar would be large enough to open the exchange offices.

You're right I put in the wrong capture in. I should've said something like "Ali will open his other sites at a half cent" or something like that. After I read it it did seem to me is trying to mislead people. It was not my goal. I wanted to change it but I could not. sorry

I said that he will open his other sites at a half cent. I did not say that Ali said the RV is going to be a half cent. Whether on not it will start at half a cent, and slowly go up, no one knows.

I was listening to Ali phone conversation that he had with Roger, Roger basically asked him at what point do you consider that you will open up your other sites. He said at $5000 per 1 million dinar, that is when Ali will open up his other site across the country at a half cent revalue ($0.005) we are at right now $0 .0008547 per 1170 dinars, about. So what do you think of Ali of Dinar Trade considers a revalue at a half cent ($0.005) is sufficient enough to open his other sites?

Master Scooter hope you get better soon, and return to your spunky self again

TerryK said “these are not the droids or the RV you are looking for”

You can click here to go to this site where I found this information UNITED NATIONS, Nov. 3 (Xinhua) -- Fractious politics and withdrawal of the U.S. troops continue to nourish international skepticism on Iraq's chances for stability, but according to an Iraqi official, prospects for the war-ravaged country aren't all that gloomy. "Iraq is ready for the withdrawal, ... it will help create stability," Hamid Al-Bayati, ambassador of Iraq to the United Nations, told Xinhua in a recent interview. Delays in forming a government as a result of indecisive parliamentary elections held in the country in March 2010 only proves that "Iraqis are independent of foreign influence," Al- Bayati said. "Iraqis listen to everybody in the region, but they are taking decisions themselves," he said. The drawdawn of the U.S. forces in Iraq will "deprive terrorists, al-Qaeda and the remnants of former Iraqi ruler Saddam Hussein from their pretext that Iraq is occupied by American forces," the Iraqi ambassador said, and he voiced his support for the timetable agreed upon by the two countries that is linked to ending the American combat mission. The first style offensive policy that Saddam utilized against neighboring countries "took us nowhere," Al-Bayati said, and urged to solve the problems in the region through peaceful means and negotiations rather than a war. Retracting U.S. forces in Iraq doesn't imply relations with the States are on the back burner, Al-Bayati explained. "The majority of the Iraqi leaders believe we should have long term strategic relationships with the U.S.," he said, and referred to a strategic framework agreement affirming relations, friendship and cooperation between the U.S. and Iraq which was signed by the Iraqi government in 2008. "Iraq and the U.S. are going to be a strong alliance for the future," the Iraqi ambassador said. Earlier this month, Shiite Iraqi Prime Minister Nouri al-Maliki went on a journey to neighboring Iran, Egypt, Syria and Turkey to rally political support and bolster economic relations. The trade balance between Turkey and Iraq currently equals 7 to 8 million U.S. dollars a year. Iraq wants this to climb to 20 million U.S. dollars a year and further boost its partnership with Turkey, Al-Bayati said. Addressing a news conference in Egyptian capital Cairo, the visiting Iraqi prime minister encouraged Egyptian companies to get more involved in reconstructing Iraq. Iran currently holds the position of being Iraq's biggest trading partner, having a trade balance that is now 10 times bigger than in 2003. Trade revenues peaked at four billion U.S. dollars in 2009 and are expected to double this at the end of this year, reports said. It is reported that the Al-Malaki is offering Arab states investment deals if they nudge his rival, former Prime Minister Ayad Allawi, toward accepting his leadership. Allawi's Sunni- backed, secular-Shiite coalition called Iraqiya topped Al-Maliki's Shiite State of Law bloc by two seats in the election. No alliance captured enough seats to form a new government though.

I was wondering how many different types of income, Iraq has. If selling the IQD is a part of their income, then why should they revalued anytime soon. But if everybody stops buying the IQD, would that not speed up the revalue of the IQD. Just a crazy thought

This is where I found this site and you will have to register, it is free . Where I got her from is off of Ali website. Iraq: The awakening of an economic giant Published: September 15 2010 17:34 | Last updated: September 15 2010 17:34 President Barack Obama officially declared the end of US combat operations in Iraq on August 31, but the news from the country continues to be dominated by the ongoing political turmoil and violence. Iraq clearly remains a volatile country and is likely to be so for years to come. What is less obvious, however, is that beneath the unsettled surface, Iraq is an economic giant, slowly but surely awakening after a 30-year slumber. The first stirring of economic life began last year, when 12 new contracts were awarded to international oil companies to increase production in 10 of Iraq’s grossly under-exploited oil fields. Iraq’s oil reserves are the fourth largest in the world, after Saudi Arabia, Venezuela and Iran, but production today is barely 2.5m barrels a day, making Iraq at best a middle-weight on the international stage. The new contracts should bring a substantial stream of investment in the country’s neglected oil infrastructure, allowing production to rise to more than 10 mb/d by 2020 (the government’s own target is 12 mb/d by 2016). This would make Iraq one of the world’s biggest oil suppliers, with only Saudi Arabia and Russia capable of producing more. At today’s prices, Iraq’s oil revenues would rise to about $280bn a year, almost $10,000 for every man, woman and child, compared with the $70bn or so which it manages currently. Oil wealth is, of course, not always a blessing for a nation, and Iraq’s recent past is testimony to this. But the coming windfall has the potential, if properly managed, to transform Iraq into one of the wealthiest countries in the region and a heavy-weight on the international oil stage. Indeed, we calculate that by the end of the decade, the increase in oil production could quadruple gross domestic product per capita and leave Iraq with financial reserves in excess of $350bn, putting it on par with Saudi Arabia, Kuwait and the UAE today. Iraq, currently borrowing from the International Monetary Fund to make ends meet, could become one of the world’s main exporters of capital. Altruism aside, the benefits to the rest of the world of a resurgent Iraq are also great. A new and reliable source of oil is welcome to importing countries. Reconstruction presents massive opportunities, particularly for the regional construction and related sectors. A prosperous and open Iraqi economy, with its 30m-plus citizens, is a sizeable new market for goods and services offered by global and regional businesses. However, there are a number of formidable obstacles and challenges. First is security. Current levels of violence are unlikely to hinder significantly plans to increase oil production as most of the big fields lie in the relatively stable Shia south. But for the oil windfall to benefit the wider economy, improved national security is a must. The second obstacle is domestic politics. A new oil law in the pipeline raises uncertainties regarding the legal and regulatory environment for the industry. Moreover, political instability, incompetence and inertia are also threats to the delivery of crucial infrastructure to the oil industry, such as roads, electricity and water, without which international oil companies are unlikely to be able to deliver on the planned production rise. Finally comes economic policy and governance. For the wider economy and population to benefit from the country’s prospective wealth, economic policy must address the big issues of poverty, particularly in rural areas, health, education and more. Corruption must also be weeded out. So far, the authorities have done pretty well in stabilising the war-battered economy, and have made significant steps towards improving transparency and accountability. But this has been achieved with the guiding hand of the IMF and other organisations. It is unclear how governance and policy will fare when Iraq goes it alone. Will Iraq overcome these obstacles and realise its full economic potential? The uncertainty is great. But then again, so is the opportunity. We remain hopeful that once a new government is in place, Iraq will then resume its awakening as an economic giant.

This is the site where the information came from There has been much speculation in recent months that the Iraqi dinar would be re-based, knocking off the last three zeros. The lastest news is that Iraq will not in fact remove the zeros from its currency, because it will not resolve inflation and will create opportunities for corruption, reports AKnews, citing a senior source in Iraq’s ministry of finance and economics. The Iraqi dinar was largely devalued after Iraq’s invasion of Kuwait in 1991 and the imposition of international sanctions on the country. While before 1991, one Iraqi Dinar was equal to around $3, now $1 is worth roughly 1170 Dinars, according to Iraqi Central Bank’s exchange rates. Some experts have suggested that removing the zeros will enhance the country’s currency and allow it to better tackle inflation. “The Central Bank wanted to remove the zeros three years ago, we alleged that it was impossible. They wanted to do it again last year and we rejected the proposal again. The issue is currently brought up once again, but the Ministry of Finance and Economics insists that Zeros will remain,” said Fazil Nabi, the deputy minister of finance and economics. Nabi said removing the zeros will not reduce the inflation rates as Iraq’s inflation has been stable and remained low for quite some time. “Besides, it will create problems for many citizens because it takes time for them to learn to use the new currency,” he said. Nabi also stated that certain people will be harmed by removing the zeros because their salaries will decrease while it is unlikely that the price of goods in the markets would decrease. It is not clear to IBN how the minister came to this conclusion.

I am in, but there is only one place to hold the roast at Caesars Palace] in Las Vegas, where else.

BAGHDAD – Iraq's prime minister put his nation on its highest level of alert for terror attacks, warning of plots to sow fear and chaos as the U.S. combat mission in the country formally ends on Tuesday. For the full story click here

Very well written, and I do agree with you. Do not let life pass you by, you can never make it up.

By Agence France Presse (AFP) Wednesday, August 25, 2010 Click here to go to the source BAGHDAD: Iraq’s privately owned banks have called for the country’s state-owned lenders to be privatized to break up a near monopoly in lending by politicians whose actions remain stuck in the Saddam era. Although foreign cash has flowed in since the US-led invasion of 2003, ministers still opt to use state banks to do business and are failing to use private rivals, which is hampering economic growth, bankers argue. The lack of a new government and poor security are also stifling efforts among international banks to plant a solid foothold in Iraq, whose economy, with the exception of oil, is showing little sign of improvement. Chairman of the Iraqi Private Banking League Fouad al-Hassani said that the next government should privatize the seven state-backed lenders to create a level playing field among banks, as promised under the Constitution. “Unless they are privatized the government will still lean on their own banks,” he said. “That is not in line with an open-market policy. “We are looking for a new government so that we can talk to them again. The Constitution is very clear on what they should do.” Iraq currently has 36 privately owned banks, most of them each holding capital of $50-150 million, compared to 17 private banks during the rule of dictator Saddam Hussein, ousted in the invasion. Six of today’s private banks have foreign shareholders – banned before 2003 – with global giant HSBC and the National Bank of Kuwait holding majority stakes in Iraqi lenders. Banks from Iran, Turkey, Lebanon and Bahrain are also investing in Iraq but business remains dominated by state lenders, as it was under Saddam. “We are now handling about 15 percent of the country’s total liquidity, compared to less than 5 percent in 2003,” with the state banks controlling the rest, said Hassani, who is aiming for a 25-percent stake within two years. “Because the government owns virtually everything, 95 percent of business is done by the government, be it in defense, health, industry or whatever,” said Hassani, who is also managing director of privately owned Credit Bank of Iraq.

Scooter with all this work you are doing, does it feel like that you are pushing an elephant up the stairs, just to get an answer from the great beyond.

that is called insider information which is a felony

I found a spot on the Internet that will explain state’s capital gain tax, also a spot that will explain federal capital gains tax. Take a look at it I have no idea if this is the way it’s going to go. If anybody knows the truth please post it. Click here for state capital gains tax Click here for federal capital gains tax

Where can they not use the US dollar. All United States Military bases or United States government facilities will except the US dollar like at the PX. So can you tell us were the military cannot use the US dollar at.