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Dtorres

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  1. Any other country that tries to prosecute our former president must answer to the american people my opinion dave from texas
  2. Thought this might be interesting to share. Video: http://www.imf.org/external/am/mmedia/view.aspx?vid=636686845001 Read: http://www.imf.org/external/am/2010/speeches/pr10e.pdf
  3. Categorized | Industry & Trade Australia supports Iraq WTO membership Posted on 16 November 2010. Tags: Industry & Trade, Iraq An Iraqi ministry has said that Australia supports its quest for World Trade Organisation membership, according to NINA. WTO membership will significantly boost investment in Iraq as well as increasing its access to goods and services due to fewer restrictions from WTO member countries. WTO membership takes almost as long to attain as agreement at a UN meeting. Iraq submitted its application to join in 2004, and it met with the WTO’s working party for Iraq for the first time to discuss the application in 2007. It took Saudi Arabia ten years before its application was granted finally in 2005. It’s not all bureaucracy that makes the process so slow, by any means. To gain WTO membership there are hundreds of pieces of legislation that a country needs to pass and put into practice, so that it conforms to the standards that make international business easier and more trustworthy. As Australia and Iraq sign memoranda of understanding to improve trade and investment, the Iraq Ministry of Commerce said: “The meetings included research…in order to activate the memoranda of understanding and urged Australian companies to take advantage of employment opportunities and the huge investment available in Iraq.” “The Australian side expressed its readiness to support Iraq in building human capacity through intensive training courses. Australia’s support for Iraq in the process of joining the World Trade Organization also showed its great support in the ideas the Iraqi side.” http://www.iraq-businessnews.com/2010/11/16/australia-supports-iraq-wto-membership/ Application process into WTO: http://www.wto.org/english/thewto_e/acc_e/a1_iraq_e.htm
  4. thanks for all your info doc we do appriciate it
  5. Just wanted everyone to know that the Iraqi people are hearing the same rumors. I have a contact who is an Iraqi who said she is hearing the same rumor that the Iraqi dinar is going to go one to one with the US dollar. However she is unsure when it will happen. She will email me if she hears anything over there. Hope we hear something soon. Go RV!!
  6. Found this interesting article posted on Iraqbuisinessnews.com. Here is the direct link also.... http://www.iraq-businessnews.com/2010/10/18/iraq-output-will-double/ Categorized | Oil & Gas Iraq Output “Will Double” Posted on 18 October 2010. Tags: CBI, Oil The Iraq Central Bank said that the survival of a high oil price will double Iraq GDP, helping it to achieve its goals by improving the value of the dinar through economic growth. Speaking to IKHNews, adviser of the Central Bank, Mudhir Saleh, predicted the survival of oil prices in the $80-$85 range, which will double GDP and be reflected in government revenues. The proposed government budget, which should see a budget surplus by 2012, is based on a modest oil price of $70 per barrel. Saleh said that “All the indications are that the Iraqi economy will shift dramatically during the next two years, improving the value of the dinar.” He pointed out that this will help to develop the oil sector further and push productivity to four million barrels per day, up from the current 2m to 2.5m. This growth can be expected to improve national income, the value of the dinar, wages, and GDP per capita. Saleh noted that the dinar and the Central Bank’s reserves are stable, helping with monetary policy.
  7. I have called several banks in the Houston area and they tell me they cannot trade dinar at this time and don't know when they will be able to.
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