syzygy

http://youtu.be/ano6EmbliMc https://www.youtube.com/watch?v=ano6EmbliMc&list=UUTQmxENn1yJxQLiwRhbjJpQ

this is worthy of its own thread my favorite part He pointed out that the revaluation of the Iraqi dinar leap large will lead to increase the price of goods to weaken the double. Also can not declare that the dinar will rise and will become the price Doe in order to prevent speculation and if what is left of the Iraqi economy at this pace and increased exports of oil and oil markets is controlled, it will make Iraq a key player in the region and will increase the GDP of Iraq of about $ 180 billion to 350 billion dollars in 2015 and this figure will be reflected on the price of the dinar in a logical yes.

Thanks for posting this BBalls..Go RV!!!

OMG...just came back from McDonalds...a dollar cheesbuger just cost me 8.27....Dam calves

Political blocs begin talks Saturday to agree on their candidates to the government 26.11.2010 - 1830 Proceed with the political blocs on Saturday meetings and discussions to agree on candidates for the positions of the sovereign and ministerial and submitted to the Prime Minister-designate Nuri al-Maliki's new government within ten days maximum. Will be the distribution of ministries according to the elections, which relies on a points system which would determine the share of each bloc in the new government by calculating the points for each two seats Gnapein, and 15 points for the presidential post. The current government includes 37 ministerial portfolio was rated five of which are sovereign; oil and finance and foreign affairs, defense and interior .. Then the service ministries and the Ministries of State and is expected to Bbaky this division in the new government due to compliance requirements and partnership, which emphasizes the political blocs. http://www.iraqhurr.org/archive/news...tml?id=2231628

Trade Bank of Iraq eyes expansion abroad - Forex Pros BASRA, Iraq, Nov 26 (Reuters) - The Trade Bank of Iraq plans to expand abroad and almost double of the number of its branches in Iraq next year to benefit from an anticipated oil boom, its chairman told Reuters. * Iraqi bank to expand at home and abroad * Three branches outside Iraq next year * Bank sees 25 percent profit boost this year The state-run bank is also eyeing financing deals in the energy sector as OPEC member Iraq moves ahead with plans to boost oil production through a series of deals with oil majors and rebuilds its battered economy, Hussein al-Uzri said. "Business is picking up," he said in an interview onThursday on the sidelines of an oil and gas conference in the southern oil hub of Basra. "We expect that by end of next year we should cover all of Iraq plus we will have three branches outside of Iraq," he said. The bank, which has 15 branches in Iraq now, plans to open another eight or nine branches next year and to have a foothold in Beirut, London and Istanbul to feed the appetite of investors eyeing Iraq. Baghdad has signed a series of deals with international oil companies in the past year to boost its crude output capacity to Saudi Arabia's levels of 12 million barrels per day from around2.5 million bpd now. The electricity-starved country also plans to increase its power generation capacity by building new plants and adding new turbines to existing plants. Iraq has major plans to build oil export infrastructure to meet the anticipated hike in crude production but lacks sufficient funding after years of war, sanctions and decline that left its economy shattered. The Trade Bank of Iraq will help the government in financing some of its oil and power infrastructure projects, Uzri said. "As we see in Basra, security didn't stop (investors) from coming here," he said at the bank's booth, surrounded by other exhibitors including companies such as Weatherford, Schlumberger, Turkey's TPAO and Malaysia's Petronas, which have won deals in Iraq's oil sector. "The drive was initiated by the oil companies. Now we see service companies are also coming, and this will attract hotels,restaurants, housing and office complexes. It's already started." The bank sees net profit increasing by about 25 percent in 2010, driven mainly by corporate and private banking, Uzri said. It made $305 million in net profit last year. "In 2010, we were targeting a 20 percent increase (in net profit), I would imagine it would be more, about 25 percent,which is good," he said. "We started this year the investment banking, the corporate banking. We expect revenues to expand," he said. It also plans to boost its capital to $1 billion from $427million, he said. http://www.forexpros....-abroad-177211

US Chamber of Commerce Seeks American Investment in Iraq Carolyn Presutti 25 November 2010 A new, business-friendly Iraq was the topic of a recent event held in Washington by the U.S. Chamber of Commerce. Chamber officials believe the formation of a new government in Iraq will prompt American companies to invest there. Cheryle Jackson is learning how to make money in Iraq. She is a vice president with AAR, an aerospace company in Chicago. The company wants to repair and maintain fleets of aircraft and handle transport airlift services in Iraq. "The Middle East in general is an important emerging market and having a footprint there - going there with partners, doing a joint venture with businesses who exist there - is important," said Jackson. The U.S. Chamber of Commerce has invited American business leaders to hear about investment opportunities from Sami Al-Araji, chairman of the Iraqi National Investment Commission. He said a new investment law in Iraq will open up the country to foreign business. "We are in a direct link with the council of ministers and with the prime minister himself, so any problem that we have, we are in direct link with the executive branch and also to the legislative branch," said Al-Araji. Al-Araji told the group about plans to build a million houses, as well as to convert government-run companies to control of private shareholders. Iraqi ambassador Samir Sumaida'ie said the time is right to invest in Iraq. "There's a lot of money to be made. There are a many companies who are making money in Iraq right now." Iraq is still not a peaceful country, even though the United States ended its combat mission there in August, now only advising and assisting Iraqi forces. Sectarian violence is common. Many roads and bridges are in disrepair. Electricity is unreliable. A World Bank survey rates Iraq as the worst place in the Middle East to do business, and ranks it 166th out of all 183 countries worldwide. "The country's in a mess," said Robert Ebel, who writes about energy and national security in Iraq. He said corruption and lack of infrastructure make it difficult to do business there. "I would look at it as a long-term investment, but I would go in very slowly, do my homework and be ready to leave if the situation looked like it wasn't going to play out." But for now, Jackson and a colleague have arranged a private meeting with al-Araji to discuss possibilities. He encourages them. Then, Jackson meets with her CEO over lunch, to inform him what she's learned. The next step is for AAR is to submit a written business plan to the Iraqi National Investment Commission. Then, early next year, Jackson and others will fly to Iraq to meet with government and business leaders. http://www.voanews.com/english/news/usa/US-Chamber-of-Commerce-Seeks-American-Investment-in-Iraq-110675024.html?

قال المستشار الاقتصادي لرئيس الوزراء، الجمعة، ان حزمة من الحوافز بانتظار المصارف الاهلية التي تسعى الى الاندماج فيما بينها لتكوين مصارف اكثر متانة، مبينا ان الحوافز تتضمن منحها اولوية بفتح الاعتماد ووضع ايداعات حكومية فيها وتسهيلات اخرى. The Economic Adviser to the Prime Minister, on Friday, said the package of incentives waiting for private banks seeking to merge with each other to form banks, more robust, indicating that the incentives include giving priority to open adoption and development of deposits of the government and other facilities. واضاف عبد الحسين العنبكي لوكالة (أصوات العراق) انه “تم في مجلس الوزراء دراسة احوال المصارف الاهلية في العراق والتوصل الى ضرورة اعطائها فرصة لتنمو وتمارس كافة وظائف الصيرفة في الاقتصاد”، ومنحها فرصة لـ”تكون مشارك اساس بعملية تمويل التنمية”. He said Abdul Hussein Al-Anbuge told (Voices of Iraq), "it was the Council of Ministers study the conditions of private banks in Iraq and a need to give them a chance to grow and exercise all the functions of banking in the economy", giving them an opportunity to "be a participant based on financing for development process." وذكر العنبكي ان الحكومة “ستلتزم بمسؤوليتها تجاه دعم المصارف الحكومية والاهلية واعادة الثقة بها بشكل كامل”، مشددا على ان الجهاز المصرفي العراقي “قوي ومتين وقادر على التطور والنمو”. The Anbuge that the government "will abide by their responsibility towards the support of government and private banks and restore confidence in them fully," stressing that the Iraqi banking system "strong and robust and capable of development and growth." دراسة وضع المصارف بحسب العنبكي جاء على خلفية حدوث تلكوء ومشاكل في اداء بعض المصارف الحكومية والاهلية، مبينا ان الاجتماع “توصل الى وجود حاجة لاجراء حزمة من الاجراءات لتسهيل وضبط عمل المصارف،” مع حث البنك المركزي على “تفعيل دوره الرقابي وممارسة اجراءاته الوقائية بشكل اكثر صرامة بوصفه بنك البنوك”. Study the situation of banks, according to Anbuge came against the backdrop of a foot-dragging and problems in the performance of some government and private banks, indicating that the meeting "to reach and there is a need for a package of measures to facilitate and control the work of banks," while urging the central bank to "activate its oversight role and the exercise of built-in safeguards in a more stringent as the Bank of Banks ". وشدد العنبكي على اهمية “اعادة الثقة بالمصارف الاهلية ومعالجة الاسباب التي ادت الى بعض الارباك في ادائها واصلاح وضع مجالس اداراتها وان يكون ذلك من خلال الدور التدخلي للحكومة لتصبح شريكة في ملكية المصارف الاهلية ثم تنسحب بعد زوال العسر المالي كما هو معمول فيه في اقتصاديات السوق”، داعيا الى “زيادة رؤوس اموالها بالسرعة الممكنة وتحفيزها على الاندماج”. He stressed Anbuge the importance to "restore confidence sinks civil and address the causes that led to some confusion in the performance and repair status of their boards, and be it through more interventionist role for government to become a partner in the ownership of private banks and then withdrawn after the demise of financial hardship as is the case in which the economies of the market" , calling for "increased their capital as quickly as possible and encouraging them to integrate." واشار الى ان العراق “يمتلك حاليا 44 مصرفا خاصا ولكن العدد ليس مهما بقدر اهمية ان يكون لدينا مصارف ذات فعالية اكبر”، كما ان هناك “معايير للجودة والنوعية ومعايير للاداء المصرفي سيتم حوكمتها بشكل جيد لتجنب اي حالة تلكوء بالاداء يمكن ان تحصل مستقبلا”. He noted that Iraq "has currently 44 private banks, but the number is not as important to have banks with greater efficiency," and that there are "standards of quality and quality and standards for the performance of the banking will be their governance is good to avoid any case of foot-dragging performance can get you in the future." اصلاح الجهاز المصرفي العراقي ودعمه بحسب العنبكي “جزء من عملية الاصلاح الاقتصادي الذي التزمت الحكومة بتنفيذه، بعد اقرار الدستور العراقي لعملية التحول نحو اقتصاد السوق”، عن طريق “دعم القطاع الخاص وتمكينه من ان يصبح قائدا للانشطة الاقتصادية كافة”. Reform of the banking system and supporting the Iraqi Anbuge by "part of the economic reform process which the Government committed itself to implement it, after the ratification of the Iraqi constitution, the process of transition towards a market economy", by "supporting the private sector and enable it to become commander of all economic activity." واضاف ان عملية التنمية في العراق “تحتاج الى تمويل كبير لايمكن ان ياتي من المستثمرين ورجال الاعمال، لانه يحتاج الى تسهيلات مصرفية كبيرة على شكل إئتمان وقروض وتسهيلات وفتح اعتمادات وغيرها من العمليات المصرفية”. He added that the development process in Iraq "needs substantial funding can not come from the investors and businessmen, because he needed a large banking facilities in the form of credit, loans and credits and opening credits and other banking operations." وبما ان الجهاز المصرفي الحكومي “لا يزال يعاني من مشاكل كبيرة كان لا بد من اعطاء المصارف الاهلية دور مهم وفاعل في عملية جمع المدخرات واعادة حقنها في الاقتصاد من خلال اقراض المستثمرين ورجال الاعمال”، وهو ما دعى لـ”التوسع في فتح المصارف الاهلية”. Since the banking system, the government "continues to suffer from major problems had to be to give private banks the role of an important and active role in the process of collecting savings and re-injected into the economy by lending to investors and businessmen," which called for "expansion of the opening of private banks." لكن هذه المصارف كما يرى العنبكي واجهت “العمل في ظل ظروف البيئة العراقية المليئة بمخاطر الائتمان وتحتاج الى ادارة كفوءة للمخاطر تتضمن المحافظة على احتياطات سائلة لتتجنب حالة نقص السيولة”، وذلك لمجابهة “اي حالة تؤدي الى تراجع ثقة الزبائن بها ،مما قد يجعلها عرضة لسحوبات تفوق الايداعات وتراجع معدلات التعاطي مع الجهاز المصرفي”. But these banks also finds Anbuge face "work under the conditions of the Iraqi environment full of credit risk and the need to manage efficiently the risks include maintaining reserves of liquid to avoid the case of lack of liquidity," and to "confront any situation that is eroding the confidence of customers, thus may make them vulnerable to withdrawals than deposits and declining rates of dealing with the banking system. " هذه الامور مجتمعة دعت المكتب الاقتصادي في هيئة المستشارين الى “تبني حزمة من الاجراءات الحكومية لانقاذ بعض المصارف التي تتعرض لحالات نقص السيولة دون ان يكون للموضوع علاقة بفساد اداري او مالي”، ثم تقوم “بالانسحاب تدريجيا وتركها حين تقف على اقدامها”. These things collectively called the office's economic advisory board to "adopt a package of government measures to rescue some banks that are exposed to situations of lack of liquidity without having to subject the corrupt administrative or financial," and then "withdraw gradually and left while standing on their feet." http://translate.google.com/translate?hl=en&langpair=auto|en&u=http://radionawa.com/%28X%281%29A%28JCiCPXExywEkAAAAZjRjY2JlNmItNGM2MC00M2I1LWFhZmMtNzZmZDU5YjBmYWNlWfqIRPpD-BcEGKFCc26wYgNjMzc1%29%29/ar/NewsDetailN.aspx%3Fid%3D14730%26LinkID%3D151%26AspxAutoDetectCookieSupport%3D1&rurl=translate.google.com

National Alliance: Maliki will form his cabinet within three weeks, and reveals the semi-consensus among the blocks on the distribution of portfolios Palm - MP for the rule of law in the National Alliance Almnzawi Hasan al-Prime Minister-designate Nuri al-Maliki will form his cabinet in three weeks starting from today, after formally assigned. واصاف السنيد أن هناك شبه توافق بين الكتل السياسية على توزيع الحقائب الوزارية مبيناً أن الحقائب الأمنية أتفق على إناطتها الى الكفاءات المستقلة حتى لا تتأثر بالرؤية او الواقع السياسي لجهة او كتلة او طرف معين مؤكداً اصرار المالكي على تشكيل حكومته قبل انتهاء المهلة الدستورية. Assaf and Sinead, that there is a near consensus among political blocs on the distribution of cabinet portfolios, indicating that security was agreed to assign to a qualified independent so as not to be affected by the vision or the political realities of the hand or the block or a particular party saying al-Maliki's insistence on the formation of his government before the constitutional deadline. هذا ومن جهة كلف رئيس الجمهورية المنتخب جلال الطالباني، مرشح التحالف الوطني نوري المالكي رسميا بتشكيل الحكومة، فيما غاب زعيم القائمة العراقية أياد علاوي عن حفل التكليف الذي جرى في منزل رئيس الجمهورية وحضره العديد من الشخصيات السياسية. This is a mandated elected President Jalal Talabani, the candidate of the National Alliance Nuri al-Maliki officially form a government, with missed Iraqi leader Ayad Allawi's list for commissioning ceremony held at the home of the President and attended by many political figures. وأعلن الطالباني خلال مؤتمر صحافي عن تكليف مرشح التحالف الوطني نوري المالكي بشكل رسمي بتشكيل الحكومة، وبحضور المالكي. Talabani announced during a press conference for the National Alliance candidate mandated Nuri al-Maliki officially form a government, and the presence of al-Maliki. ودعا الطالباني الى أن تكون الحكومة من كافة مكونات الشعب العراقي دون أن تستثنى أحدا، وأن يتم الالتزام بالدستور وخلق أجواء التعاون مع مجلس النواب، باعتباره ممثلا للشعب، مؤكدا ضرورة مد جسور التعاون مع الدول الشقيقة والصديقة على تحقيق المصالح المشتركة، مع عدم تدخلها بشؤوننا الداخلية. Talabani called on to be the government of all the components of the Iraqi people without excluding anyone, and are abiding by the Constitution and create an atmosphere of cooperation with the Council of Representatives, as a representative of the people, stressing the need to build bridges of cooperation with brotherly and friendly countries to achieve common interests, while not interfering our domestic affairs . http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://www.nakhelnews.com/pages/news.php%3Fnid%3D3659

Baghdad, October 24 (Rn) - renewed the Iraqi Finance Ministry claim of the Central Bank of Iraq need to raise three zeroes from the local currency, said advisor to the Iraqi Ministry of Finance that the process of lifting the zeros from the local currency will facilitate the circulation of funds between Iraq and the investment companies, as they will be addressed economic crises in the country. The chancellor said the ministry, Alckheon Zia, in an interview with Kurdistan News Agency (Rn) that "the lifting of the three zeroes from the local currency will facilitate financial transactions between governmental institutions and global investment firms operating in Iraq." He added that "the Ministry of Finance consistently advocated the need to raise three zeroes from the local currency to address the economic problems facing the trade and closer economic difference between Iraq's domestic currency and the currencies of regional states." And that "change the currency does not affect practically the value of the salaries of staff not on the value of the Iraqi dinar, because the purpose of the order of the financial situation of the country." He Alckheon that "start to change the local currency during 2011 will result in a strong Iraqi economy can meet the changes that occur on the international market." In the opinion of Supervisors on the management of the CBI that the process of deletion of zeros from the currency would cause the increase in expenses, which in turn will allow an increase of cases of financial corruption, in addition to not addressing the problem of inflation suffered by Iraq. The rumors have recently confirmed that the Iraqi government plans to make changes to the local currency, including raising three zeros "in order to reduce the inflation suffered by the Iraqi market", as well as add the language Kurdish paper currency. The local Iraqi currency has gone through several changes in its history, most recently in 2004 when the former Governing Council replaced the previous currency, which was a symbol of the former regime. http://www.aknews.co...knews/2/190679/

After for a long time has become for us to claim the existence of a monetary authority Iraqi enjoy full independence under a special law CBI contains all elements of independence, according to international standards known, and as we followed the arguments of those objecting to the decision to raise three zeroes from the Iraqi dinar value nominal, we have fellowship that say that our arguments as supporters of this resolution. يقدم البعض من المعارضين للقرار بتهكم، غير مقبول موضوعيا، بعض التعاريف التي تعد من بديهيات النظرية النقدية والتي تطرح امام كبار اساتذة النظرية النقدية من صانعي سياسة البنك المركزي من مثل: ان البنك المركزي يستهدف احداث (وهم نقدي) لدى الجمهور وسيستدرج عاطفيا مشاعرهم ازاء الاحساس بتحسن قيمة الدينار اسميا لا حقيقيا، والحق انه ليس لهذه الحجة كبير جدارة بحكم توافر الخبرات العلمية والعملية للكادر المتقدم في المركزي. Provides some of the opponents of the resolution sarcastically, is not acceptable objective, some of the definitions, one of the axioms of monetary theory, which put in front of senior professors monetary theory of policy-makers the central bank, such as: that the central bank aimed at the events (the cash) to the public and Sestdrj emotional feelings about the sense of improvement in nominal value of the dinar is not real, and it is not right for a great merit of this argument by virtue of the availability of scientific expertise and advanced process for staff in the Central. اننا نرى بام اعيننا نجاحات المركزي بظل اقسى الظروف واكثرها ارتباكا ازاء (تخفيض معدل الزيادة في المستوى العام للاسعار سنويا)، وكانت النية بائنة لدى واضعي السياسة النقدية بوصوله الى مستويات معدل الزيادة الطبيعية، وهذا ايضا يمثل ردا على طرح المعارضين الذين يعتقدون بان من مهام المركزي (ارجاع الاسعار) الى سابق عهد، وهذا ما سيسهم في استقرار المستوى العام للاسعار وبالتالي استقرار النظام النقدي برمته. We see with our own eyes the successes the central shadow of the harshest conditions and most confused about (reducing the rate of increase in the overall level of prices a year), the intention was patently the authors of the monetary policy of his arrival to the levels of the rate of natural increase, and this also represents a response to ask the opponents who believe that the function of the central (return prices) to an earlier era, and this is what will contribute to the stability of the overall level of prices and thus stabilize the monetary system as a whole. وبذات الحنكة قدم صانعو السياسة النقدية طروحات بمنتهى الموضوعية ازاء موضوع رفع الاصفار الثلاثة عن الدينار العراقي، وبالدليل العلمي لا الوهمي اقنعونا بتوافر النية لاتخاذ هذا القرار الهام والحساس، واننا لنعتقد عن طريق استقراء دقة الكلمات التي يستخدمها المركزي بتقديم التصريحات ازاء ذلك الموضوع، من مثل: اعطاء اشارة مسبقة ابتدائية للجمهور بان البنك ينوي فعل ذلك وسوف لن يباغت احدا، وفي ذلك حكمة مستبطنة يدرك مضامينها ذوو التخصص ويتوجسها رجال الاعمال والاموال ومؤسسات الدولة والاسواق بغية تلافي اي ارباك قد يحدث لو ان المركزي باغت الجمهور بقرار مفاجئ ،ما سيشكل مناخا استباقيا لعدم حدوث اي ارباك في سوق المال او في حركة الالتزامات المتجددة او المستحقات التعاقدية التي كانت ستعقد بين الاطراف، او بالاقل محاولة التخفيف من حدتها فيما لو حدثت في اطار رؤية واعية تدرك بان سياسة نقدية لمدى زمني متوسط وبعيد لابد وان تكون تحت ضغط عدم اليقين. In the same skill made makers of monetary policy proposals with the utmost objectivity regarding the issue of raising the three zeroes from the Iraqi dinar, and the scientific evidence does not placebo Aguenona the availability of the intention to take this important resolution and sensitive, and we believe that by extrapolating the accuracy of the words used by the Central to provide comments about this subject, such as: give a signal pre-primary to the public that the Bank intends to do so and will not startles one, and in that wisdom dente aware of its implications those with specialization and Itojsha business and money, state institutions and markets in order to avoid any confusion may occur if the central startle the public the decision of the sudden, what would climate proactive the absence of an any confusion in the capital market or in the movement of the renewed commitments or contractual receivables, which was held between the parties, or with less try to mitigate as if there were, in the framework of the vision and consciously aware that the monetary policy for the time-average and far must have been under pressure from uncertainty. اكد خبراء المركزي بان عملية احلال العملة الجديدة محل رديفتها القديمة سوف يكون في سياق (ستراتيجية تدريجية بعيدة الامد)، بحيث يسمح بتعايش كلتا العملتين في سياق بديع يتيح احلال ناعم لعملة جديدة محل قديمة بما لا يربك بأثر صادم قوى التفاعل في الاسواق المالية او الحقيقة بل ان من المؤمل ان يسهم ذلك الاحلال الرومانسي باحلال مماثل لمشاعر الناس ازاء هيبة عملتهم الوطنية والتي تعد من رموز السيادة. Experts said the Central that the process of bringing new currency to replace the corollary old will be in the context of (strategic gradual long-term), so as to allow the coexistence of both currencies in the context of adorable lets bring fine coin replaced by a new old as not to embarrass the impact of traumatic forces of interaction in the financial markets or the truth, but it is hoped that this will contribute to bringing a similar replacement for the romantic feelings of the people about the prestige of the national currency, which is one of the symbols of sovereignty. ولنا ان نستذكر التشبت المستميت للاوربيين بعملاتهم الوطنية وعملة اليورو على الرغم من انهم كانوا بمدرك من جدوى توحيد العملات اقتصاديا، فما بالنا بالمركزي الذي يستحق كل تأييد لو كان فقط يريد ان يجري ذلك الاحلال بمشاعر الجمهور ازاء هيبة العملة؟ We recall that the Europeans desperate Alchpt Bamlathm national currency and euro even though they were Bmdrick the usefulness of the economic unification of the currency, let alone the CBE board who deserves all the support if he just wants to hold the replacement public feelings about the prestige of the currency? ان ذلك لوحده جدير بوافر احترام. That alone is worth cordial respect. ان رفع الاصفار سيؤدي – من بين ما يؤدي – الى تسليط الضغط الكابت لتضخم الكتلة النقدية مع استذكار التعامل بالعملات النقدية المعدنية التي حرم الجمهور لردحا من الزمان من التعامل معها، بعد ان كنا كجمهور نخجل من عملتنا الوطنية اذ نذهب بمعية اكياس من الورق لشراء كم متواضع من السلع، كما ان ذلك لابد ان يسهم في الغاء جزء من هامش التضخم الذي نجم عن تلك الكتلة وان كان محدودا، وهنا ستقل بالحتم كلف المعاملات وتتحسن حركتها بعد ان تستقر لزمن ما. The lifting of the zeroes will - among other things, cause - to put pressure suppresses the inflation of the cash block with recall dealing in coins, which deprived the public for a certain length of time to deal with it, after that we were Kjmhor ashamed of our national currency as we go together with bags of paper to buy how modest of goods, as it must contribute to the cancellation of part of the margin of the inflation that resulted from that block and has been limited, and here will be less inevitably cost of transactions and improve movement, after settling for what time. سيكون للمركزي دور مؤرخ لو عزز (دونرة التعاملات الاقتصادية) ان جاز التعبير واحلها محل ظاهرة (الدولرة) مزعجة التأثير النفسي والعملي، ولن ينساق المركزي بجدارة استقلاليته الى مآرب المالية وموازنة الدولة العامة التي ترغب سايكولوجيا، كما يشير لذلك الاستاذ الدكتور مظهر محمد صالح والذي يعد من كبار خبراء المركزي واستاذ النظرية النقدية البارع بانخفاض سعر صرف الدينار للاستحواذ على تمويل اكبر، وأمر طبيعي ان تتناقض نوايا المالية مع نوايا المركزي في بعض الاحيان، اذ ان المركزي يسعى على الدوام الى الحفاظ على سعر صرف الدينار واستقرار الاقتصاد، وانه على ادراك بماهية النتائج التي ستترتب على سعيه الطيب الى تحسين سعر الصرف لاحقا. Will have a central role of the historian if promoted (Donrp economic transactions) so to speak and Ahlha replace phenomenon (Dollar) disturbing psychological impact and practical, will not be swayed by the central deserved independence to the ends of Finance and the state budget that you want to psychology, as indicated by Professor Dr. appearance of Mohammed Saleh, who is senior experts of the Central and professor of Critical Theory Able down the exchange rate of the dinar to acquire more funds, and it is natural that contradict the intentions of Finance with the intentions of the central Sometimes, as the Central always sought to maintain the dinar's exchange rate and stabilize the economy, and that to understand the Bmahep results which would have good on his quest to improve the exchange rate later. وليس لنا الا أن نذكر بمشروعية السلطات النقدية العراقية بحجب اموال خزينة المركزي عن الحكومة، اذ ان ليس من وظائفه تمويل النمو على نحو مباشر بل ان ذلك يعد من صميم وظائف المالية. And we can only mention the legitimacy of the Iraqi monetary authorities to withhold money from the treasury of the Central Government, as that is not functioning and financing growth directly, but it is one of the core functions of Finance. لقد استخدم المركزي بفطنة اشارات اسعار الصرف كاداة نقدية لكبح نمو معدلات التضخم وبالتالي اماتتة لتاجيج التوقعات التي تؤدي الى ارباك التعاملات والاسواق، ليضيف المركزي انجازاً احلاليا جديدا، اذ تحل حاضنة الاستقرار بثالوثها المعروف (تحسن قيمة الدينار بعد استقراره – تحسن سعر الصرف بعد استقراره – كبح معدلات النمو في المستوى العام للاسعار انى توفرت الفرصة) محل حاضنة المضاربة التضخمية وليحل تلقائيا الاستثمار الحقيقي محل الاستثمار المالي المضارب. I have used the central wisdom signals exchange rate as an instrument of cash to curb the growth rates of inflation and therefore Amataatp to fuel expectations that lead to stagger trading and markets, to add the central achievement Ahlalia new, as it resolved a foster stability Bthalutha known (improved value of the dinar after stability - improved exchange rate after stability - Curb growth rates in the general level of prices, I had the opportunity) would replace an incubator speculative and inflationary automatically solve the real investment for investment financial speculator. وهكذا سيتم بجدارة تغيير نظام ادارة العملة ونظام المدفوعات بآلية هادئة ناعمة موضوعية تتوجس المضاربين وتنسجم اي انسجام مع التوجهات الاقتصادية بل والسياسية الجديدة التي يقرها الدستور بمقتضيات اقتصاد السوق واستقلالية المركزي التي ما كانت لتكون لولا تغييرسياسي شاءت الاقدار حدوثه ولد تلك الفرصة الذهبية. And so will be well-deserved change the management system of currency and payment system mechanism for quiet smooth objective wary speculators and fit any harmony with the economic trends but also new political and approved by the constitutional requirements of a market economy and the independence of the Central which was to be not for Tgierssayas Fate happen weld those golden opportunity. وبنهاية القول نشير الى ان لكل قرار بدائل تتنافس ولن يكون لاحد من حق لحرمان المركزي وادارته العليا من اختيار القرار البديل الأقل كلفة. By the end note to say that the alternatives for each decision will not be competing for one of the right to deny the central and its senior management to choose the least expensive alternative resolution. * كاتب اقتصادي * Economic writer http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Fwww.alaalem.com%2Findex.php%3Faa%3Dnews%26id22%3D6468

Central Bank: the high inflation rate 0.01 will not affect the Iraqi economy 24/11/2010 13:13 24/11/2010 13:13 بغداد24تشرين الثاني/نوفمبر(آكانيوز)- أكد البنك المركزي العراقي، الاربعاء، أن ارتفاع نسبة التضخم 0.01 عن الشهر الماضي لن يؤثرعلى قيمة الوضع الاقتصادي في البلاد. Baghdad, November 24 (Rn) - The Central Bank of Iraq, Wednesday, that the high inflation rate 0.01 for last month will not affect the value of the economic situation in the country. وقال المستشار في البنك المركزي العراقي مظهر محمد لوكالة كردستان للأنباء(آكانيوز)، إن"ارتفاع نسبة التضخم الشهر الحالي 0.01 لن يؤثر على الواقع الاقتصادي في البلاد بسبب استمرار نمو قيمة الدينار العراقي"، مبينا أن "الارتفاع بهذه النسبة هي طبيعية تحصل في جميع بلدان العالم". The chancellor said the Central Bank of Iraq the appearance of Mohammed, told the Kurdish news agency (Rn), "The high inflation rate this month, 0.01 will not affect the economic reality in the country due to the continued growth of the value of the Iraqi dinar," noting that "the rise in this ratio is a natural place in all countries the world. " وأوضح محمد ان "قدرة العراق في بناء اقتصاد قوي متوفرة في حال تم رفع القيود الروتينة عن السوق الحرة والاستثمار والعمل المصرفي في البلاد"، لافتا الى أن "معالجة التضخم المالي تبدأ من خلال تفعيل دور العراق في قطاعي الصناعة والزراعة وتنظيم إدارة الملف الاقتصادي في البلاد". He also explained that "Iraq's ability to build a strong economy are available in case the lifting of restrictions Alrutinp the free market, investment and banking business in the country," pointing out that "address the inflation start by activating the role of Iraq in the sectors of industry and agriculture organization of the Department file the country's economic ". وكانت وزارة التخطيط والتعاون الإنمائي العراقية أعلنت أمس عن ارتفاع نسبة التضخم في البلاد عن الشهر الماضي 0.01، متوقعة استمرار الارتفاع مالم يتم تفعيل عمل القطاع الخاص في البلاد. The Ministry of Planning and Development Cooperation of Iraq announced yesterday that the high inflation rate in the country last month of 0.01, an expected continued rise unless action is activation of the private sector in the country. يذكر أن البنك المركزي العراقي أعلن في تشرين الاول الماضي عن انخفاض jنسبة التضخم في العراق إلى 2.7% مقارنة مع شهر أيلول الماضي، الأمر الذي شجع على إطلاق السيولة للمصارف بنسبة 5% من الاحتياطي النقدي القانوني الموجود لديه، بغية التوسع بعمليات الإقراض ودفع عجلة التنمية. The Central Bank of Iraq announced last October for low j the rate of inflation in Iraq, to 2.7% compared with last September, which encouraged the launch of liquidity for banks by 5% of the cash reserves of the existing legal to have, in order to expand lending operations and advancing the development. ويعرف التضخم بأنه الارتفاع المفرط في المستوى العام للأسعار وارتفاع الدخول النقدية أوعنصر من عناصر الدخل النقدي مثل الأجور أو الأرباح فضلاً عن ارتفاع التكاليف والإفراط في خلق الأرصدة النقدية. Known that excessive inflation in the general level of prices and rising incomes Ouanasr cash component of cash income such as wages or profits as well as high costs and excessive in the creation of cash balances. ويتخوف عدد من الاقتصاديين استمرار ارتفاع معدلات التضخم في البلاد في ظل غياب آليات الحد من ارتفاعه لدى المؤسسات الحكومية المعنية بإدارة الاقتصاد في البلاد. And a number of economists fear the continuing high rates of inflation in the country in the absence of mechanisms to reduce the height of government institutions on the management of the economy in the country.

[terryk] ok team [terryk] SOME UPDATES [terryk] FIRST [terryk] I GOT THIS CALL THIS AFTERNOON [terryk] TELLING ME THAT MALIKI JUST LOST 31 SEATS [terryk] AND THAT ALLAWI IS GOING TO HAVE ENOUGH [terryk] WITH THAT SAID [terryk] I JUST GOT NEWS THAT ALLAWI IS WALKING AWAY [terryk] AND GIVING EVERYTHING TO MALIKI [terryk] AND THAT WE ARE TO SEE THIS MAYBE TOMORROW [terryk] NOW MY SISTER IS CALLING ME [terryk] TELLING ME THAT ON DD SITE THEY ARE SAYING PRETTY MUCH THE SAME THING [terryk] OTHER THAN THAT FIREWORKS ARE BEING DONE IN IRAQ [terryk] I DON'T KNOW WHERE SHE GOT THAT FROM [terryk] HEARING THE RATE IS STILL FIXED AT 8.27 [terryk] THRU FOREX BACK SCREENS [terryk] SO NOW WE WAIT [terryk] AGAIN WITH THE WAITING [terryk] I LIKE THE RUMOR THAT THIS HAS LEGS FOR TOMORROW [terryk] BUT I REALLY LIKED IT WITH LEGS WHEN PARLIAMENT MET AND MALIKI WAS TO BE SWORN IN [terryk] WITH THE NEWS MEDIA AND A NEW ANNOUNCEMENT OF THE NEW HOLIDAY HE WAS CREATING [terryk] SO WHO KNOWS WHAT THE WISE MEN WILL BRING [terryk] OR WHEN [terryk] THAT'S THE UPDATE AS I HAVE IT [terryk] AND I THANK THE THREE SOURCES THAT CALLED TODAY [terryk] AND THEY ARE IN THE ROOM [terryk] LATER ALL don't shoot the messenger...just passing info along...Syzygy

Thanks for post....Makes Sen$e

November 23, 2010 11:13 am I continually receive emails for different people who struggle to understand what the “dropping of the 3-zeroes” means, and how all this could play out. I’m re-posting this post of mine that I put up here on the site a few months back to help quel the tide if questions, concerns, and emails. I hope this helps. Tie THIS post in with my “All the Possible Outcomes” post (you can access that post by clicking HERE), and you should have the full picture of how I feel about this investment. G0 Dinar! – DD All, From the moment I’ve been in this investment even until now, the debate of LOP versus RV has been raging. That very argument is what drove me and thousands of others AWAY from Investors Iraq (IIF), as it appeared it was absolutely overrun by those who felt it was their mission to squash the hopes and dreams of other investors. I am sharing this with the permission of those who have helped bring me this concept to light, from several legitimate economists and very sharp minds, their perspective to help each of you understand this dilemma. I don’t know about you, but I’ve been told time and again by those who are absolutely in a position to know that this will NOT be a LOP, but will be a straight-up RV, yet I found myself not being able to refute the arguments of those who brought only “part of the truth” forward, using the “numbers” to their advantage through logical focus on that which was clearly understood. This post of mine is dedicated to explaining how an RV will happen. CONCEPT EXPLAINED: First off, I’ll use the exchange of a 10,000 IQD note as my example. To help explain the economics of this cash-in example, I will use a 1:1 cash-in ratio between the USD and IQD, that is given a two-tier payout, and a 2% bank spread. What You Will Receive: If you were to cash in your 10,000 IQD note with a bank that charges you a 2% spread, you would personally receive a net take-home of $9,800 credited to your bank account. What Your Bank Will Receive: Your Bank will receive a $10,000 credit to its Federal Reserve Account. They will also be able to add the $200 profit to their “capital account”. If you don’t understand the “Fractional Banking“ concept that runs our country, you may want to, as that is what this is based on, and is what is behind this entire concept and plan. To learn more about this concept, I suggest you click HERE, and go to a video post I brought to the forum previously, and posted in my “Tidbits“ section. Ultimately, the bank wins because they are able to gain $2,000 in lending power under the 10% “Fractional Banking“ model. What the US Treasury Will Receive: First off, the US Treasury will receive $3,500 in estimated taxes in the quarter after the exchange, because you are now in the “rich” category and get to enjoy the 35% tax bracket. This lowers the “net cost” of the IQD exchange to the US financial system to $6,500 USD (i.e. $10,000 out – $3,500 in). Furthermore, the US Treasury’s rate is higher than the banking rate (we will use in this example 1.25), thereby further reducing their “net cost” from $6,500 to $4,000. Oil Now Enters the Picture: At some point, a Fed-appointed agent orders $12,500 worth of oil from Iraq. Payment will consist of a $12,500 transfer from the Fed’s foreign currency reserve IQD account to the IRAQ Oil payment account at the CBI in a form otherwise known as PetroDollars/PetroDinar. Even though the world spot price of oil is defined in terms of USD, the actual transaction may take place in any internationally recognized currency agreed to by the parties. For example, Iran only accepts Yen from Japan for their oil orders, because they don’t want USD in their foreign currency reserves. How the CBI “RECAPTURES” the Money: The $12,500 order is filled with 250 barrels of oil based on the spot price on the date of the sale (for this example we used a $50 USD spot price). What does it cost Iraq to produce the oil to fill this order? Well they have negotiated productions agreements for approximately $1.50 USD/barrel. From that price $.50 USD goes to the national Iraqi oil company who is the partner in the field the oil came from. Out of the remaining $1.00 the other oil field partners have to pay the Iraq government a profit tax of $.35 USD (35%). The net cost to Iraq to produce a barrel of oil used in this scenario is $.65 USD. (i.e. $1.50 – .50 – .35) What does all that mean? It cost Iraq $162.50 to bring back a 10,000 IQD note! Can they afford that? I think so! So, instead of paying out $12,500 for a 10,000 IQD note, they only pay $162.50! That doesn’t add to the money supply much at all does it! They receive their IQD back and place it in the CBI, or destroy it. The transaction is completed with the Federal Reserve exchanging foreign reserve credits which are equal to $12,500 USD (which had a net acquisition cost of $4,000 USD for the US) for 250 barrels of oil (which has a TOTAL COST to produce of $162.50 USD for Iraq. More completely explained, and simply put, it cost Iraq $162.50 USD from their foreign currency reserve accounts to redeem the value of 10,000 IQD, which goes into their operating accounts. At the same time the US got $12,500 worth of oil for a net cost of $4,000. That’s how it was originally planned for Iraq to RV at 1 IQD = 1 USD, with the variable being the political element (i.e. UN Sanctions, GOI actions, IMF actions, World Bank actions etc.) Other Factors that Strengthen Iraq’s Position and Ability to RV: DFI Funds Returned & Other Assets: $280+ Billion USD, plus other frozen assets (estimated at $100 billion) will be returned back to Iraq and added to their foreign currency reserve, bringing it up to $430+ billion USD. CBI IQD Reserve Requirement Adjustment: The CBI will change the current fractional IQD reserve requirements from 100% to 15% at the appropriate time. As a result, the the total potential money supply will be raised in value to $2.8 Trillion (430 billion/15), while at the same time, the total physical IQD in circulation will be reduced by removing the large bills with the 3 zeros over a period of 2 years, as they have indicated. Oil Production Increased: Iraq will also execute the plan they announced to increase oil production from 2+ million barrels/day to 10 million barrels/day with the resulting revenues flowing directly to the Iraq treasury. Oil Futures & Forex Contracts Added: To further stir the pot, the CBI will continue to use it’s sales window to market oil futures and forex contracts. They have shown they can generate significant cash flow in the private market. Think of their impact in public markets. There, my friends, is how this plan will be enacted and made possible. Taking NOTHING, and turning it into SOMETHING, then bringing it back to a “manageable and reasonable something” that is accepted and supported by seeming endless supplies of oil. This is how the world’s ENTIRE NEW MONETARY SYSTEM will be regenerated and supported and backed, given, in essence, a re-birth and renewed for most governments and economic regions… even by “Black Gold”. So, here’s the summary for all the “players” involved, giving ballpark numbers, and not taking into account superfluous costs, fees, and other small details that don’t really affect the larger picture: Investor’s Net Gain: $10,000 – $200 = $9,800 x .65 = 6,370 for an investment that cost $10 Bank’s Net Gain: $200 added to “capital account”, plus $2,000 they can use to loan out. US Treasury Net Gain: $2,500 from the .25 spread on top + $3,500 in quarterly taxes = $6,000 CBI/GOI/Iraqi People Net Gain: $12,500 – $162.50 = $12,337.50 + Profits from “Other Factors” Overall Net Gain for All Involved: $6,370+$200+$6,000+12,337.20 = $24,907.20 This is the wealth that was generated from a single 10,000 IQD note that was given an original value of approximately $10! Is that amazing or what?! You tell me… can Iraq afford NOT to RV?!!! Will the IMF allow them to NOT RV their currency, but simply replace their large denoms for smaller ones?!!! LOL!!! In this scenario, EVERYONE WINS… and the IQD is slowly (over 2 years) taken back in to the CBI… eventually destroyed, leaving a manageable M2 behind, having created HUGE WEALTH throughout the world to re-supply what was allowed to be destroyed in the “great bleed” over a period of just a few weeks a couple of years ago, even the greatest redistribution of wealth the world has ever seen. Believe it or not, it has happened for this very purpose, and it IS coming! Dont shoot the messenger...jusy passing info along...Syzygy

Profits from sale of currency purchased as an investment is taxed as ordinary income and treated as interest under Section 988 of IRS code. This is a maximum of 35% for federal tax in 2010 and whatever your state tax is - if you have state tax. Do not forget to file and pay estimated taxes for state (if applicable) and federal for 4th quarter 2010 when this RV's before the end of 2010. http://en.wikipedia.org/wiki/988_transaction

* don't promote other sites: Rumors shared with me today… November 22, 2010 05:34 pm · Posted in RUMORS All, I’ve received some information today from those I trust and respect. That which I’ve been permitted to “pass along” is shared below: - The official letter from Talabani to Maliki was sent this AM. This would now require Maliki 30 days to form the government. The person sharing this information with me did NOT know the outcome of that issue. - Maliki wanted more power (surprise… surprise), and as such, created a delay once again. It appears now that Maliki has been given the position, he’s trying to reneg on his deal and he wants ALL the Prime Minister powers given back to him. - High-up banking official IS seeing $6.06 on his “blue screen” for the IQD, and it’s holding “steady”. What does this mean? The rate is INSIGNIFICANT! It most likely will NOT RV at that rate even though it’s showing at that rate on his “blue screen” currently. That’s just a random rate used during their continued testing of the swift system disseminating the rate. This is probably what confuses others when they discuss such high rates, as they do SEE such rates, but they are NOT accurate numbers, or even meant to be. Furthermore, having a rate “hold steady” on a banking screen typically means the represented currency will be changing rate within the next few days. That’s what was given me today that I can share. It seems to match fsndirector’s information from One Dinar. Take this ENTIRE POST strictly as a RUMOR. That way you won’t be disappointed if things don’t pan out. I don’t need to substantiate ANY of it, as I am placing it in the “Rumors” section of the site. Enjoy! I did! Go Dinar! Dont shoot the messenger...just passing info along....Syzygy

TK would beg to differ and say 9.00 is not realistic...more like in the teens

PARIS, Nov. 22 (UPI) -- There is a consensus on a national unity government in Iraq, leaving only the distribution of ministers left as an obstacle, the Iraqi president said. Iraq agreed Nov. 10 to a power-sharing deal that divides power among Sunnis, Shiites and Kurds. Shiite Iraqi Prime Minister Nouri al-Maliki secured a second term through a nomination process in the Iraqi Parliament after lawmakers nominated Osama al-Nujaifi, a Sunni member of the Iraqiya slate as the speaker. Jalal Talabani, a Kurd, retains his position as president of Iraq. Iyad Allawi, the leader of Iraqiya, walked out of the Nov. 11 parliamentary session following concerns over issues related to the outlawed Baath Party. Talabani in an interview with London's pan-Arab daily Asharq al-Awsat said the top nominations were final and a new government was expected soon. "We expect the government to see the light within one month, God willing," he said. The Nov. 10 agreement ended eight months of political deadlock in Iraq. Talabani, however, said the impasse was technically only five months because the first three months were spent on legal measures and ratifying the results of the inconclusive vote. Allawi led Iraqiya to a two-seat victory over Maliki's State of Law coalition, though both fell well short of the 163-seat majority needed to form a new government alone. "What remains is agreeing on the distribution of the ministerial portfolios," the Iraqi president said. http://www.upi.com/Top_News/Special/2010/11/22/Iraqs-Talabani-upbeat-on-new-government/UPI-12671290457118/

All, I don’t know about you, but I’ve hitched my wagon to this train and I’m not getting off! Regardless of the negativity that flows, I’m all in, and I’d imagine most of you have the same attitude. Here’s WHY I’m all in… 1) The expectation that one day the Iraqi Dinar will gain in value is tied, in every way, to all my dreams about what I hoped I could be and do with my family and community. 2) I have heard from those involved in this “mess”, and they TOO are expecting it to eventually happen, whether that be hours, days, weeks, months, or years, it really doesn’t matter. 3) I have PLANS to help others that can’t be stopped by negativity! It’s time for those PLANS to soon be realized. 4) I believe we are part of something so significant, that no amount of negativity or debate can disuade my belief. 5) History always repeats itself. This will be no different. 6) Biblical prophecy speaks of the days to come where all nations of the earth will flow unto Babylon (Iraq), including merchants and kings and leaders. THIS is WHY… but they must first have an internationally recognized currency. 7) Because I have faith in things that I can’t see, but know to be true. The specifics of the gains to be had are yet to be revealed, but the reality is still imminent… in my opinion. 8 ) To rip this away from me would be to destroy any hope of anything better than what we are facing. Should this never happen, we would be facing much more horrific problems throughout the world. 9) In every way, the dreams that have been rekindled, or even created, since knowing about this are worth every penny I invested into the Dinar. 10) Most of the money I invested in this currency would have been BLOWN by me by now anyway, so it’s as though it’s already gone for me, but with a dream and a promise for more in the future. 11) We are HEARING of changes within the worldwide economic/monetary system? Where are they? What’s going to drive them? What will they look like? I don’t know about you, buy my money (literally and figuratively) is on the fact that IRAQ is right at the center of it all. Please don’t allow the lack of events yesterday/today to get you down. I warned you about this exact moment a few days ago. Why did I warn you? Here’s why… 1) Because the information that GAVE you the “expectations” was coming from people who are in no better situation that YOU. They are people like you who are waiting on the Dinar to revalue, and as such, aren’t in a position to know everything they are sharing. They just happen to be lucky enough to know someone in a better position than they are who shares what they know, which isn’t always right. 2) Because Iraq marches to the beat of its own drum. As such, you should NEVER place yourself in a situation where you EXPECT this to happen at a specific time. 99.99% chance it WILL not happen when you think it will. You honestly think they will tell us when this thing will pop? Not a chance! 3) I have learned through sad experience that even those who are in the highest positions of the land can be wrong about this. Apparently, only Shabibbi and his bosses (Rothschilds own CBI) know the answer to when this will happen. 4) I don’t believe ANY INFORMATION (I’ve said this a number of times) shared with me, but I am grateful for ALL of it, I respect the sharer, and I store it away as more information to reference as I move along for greater insight and understanding. 5) Because I was worried about so many of you and your expectations. I know so many are hurting and needing this so badly. I just didn’t want others’ words to hurt you further should you also be faced with the disappointment of this not happening when they shared it would happen. This ride will eventually come to an end. The question is… can you wait that long? I pray that you can endure the storm and patiently await the day. In my opinion… it IS coming! I just don’t know when…

There is no rhyme or reason as to deadlines or expired contracts etc....case in point Iraq's 2010 budget was approved January 26 2010....It will get done when they are ready...stop trying to be Nostradamus

I dont' think they have any kind of budget deadline or any other for that matter going by last years 2010 budget which was passed on January 26 2010.... http://dinarspeculation.com/2010/01/26/iraq-2010-budget-approved/

http://www.youtube.com/watch?v=aClO-_bp7BE

so much clearer to see...great job labeling...thanks