[Delta - Iraqi TV Live Press Conference !]

June.

[Declaration of Baghdad]

Right, you can't even lead your own country.

Ha! I was thinking the same thing. Another meaningless "agreement".

[United Nations confirms understanding between Kuwait, Iraq and the International Sanctions]

Some people say Chapter 7 isnt as important as the HCL/Erbil

So.. I think we need that wrapped up to. Strange, that we havent heard anything about that in a couple weeks now...

I'm of the opinion that Erbil must proceed all of these things.

[Breaking news, second meeting between Maliki and Moon]

The UN gave Iraq a pretty clear set of guidelines to get them out of Ch 7. It's not rocket science. It's their own fault they are still under sanctions.

[Ban urges Iraq to fulfil commitments to Kuwait – UN chief hails Amir’s visit to Iraq]

Looks like Iraq has some work still to do for Chapter 7...anyone else surprised?

No. Not in the least. Moon would never have made an announcement at the Summit regarding the removal of Ch 7. It will be handled at the UNSC, in thier forum, not this one.

We've heard that M made a deal with Kuwait regarding the borders, but obviously there's more to be done. I haven't seen Parliment vote on the demarcation yet.

I've said this 100 times, but IMO, until Erbil is fully implemented the UN will not release Iraq from Ch 7. The UN understands the need for the power sharing arrangement.

[National Alliance to reach an agreement with the Iraqi list to nominate Khaled al-Ubeidi, Ministry of defence]

Ha! This guy's been nominated over and over again. Wasn't he involved in an assassination attempt?

[The parliamentary economic: It was agreed with international companies for the printing of the currency after you delete the zeros]

Ya know........

for a country that isn't going to change their currency until, what, September or January, they sure do spend a lot of time in MARCH talking about it.

Who knows how long they'll take to approve the printing, actually print it, move it in country, and then distribute it. Is six months that much time?

[CBI Source: reveal the intentions to raise the value of each Iraqi Dinar to $1 usd per IQD]

So the are telling the WORLD that they are going to increase the value by 100000% yet Yall are the only ones who have figured this out? iF they were going to RV do you honestly believe they would have a media campaign around it?...really? LOL

Do the backwards math from what the dinar was valued at to 4,000 to $1. What's that percentage of devaluation?

[CBI Source: reveal the intentions to raise the value of each Iraqi Dinar to $1 usd per IQD]

It is the most logical. I don't believe that they will come out at a dollar, but the customs taxes start in June. So Shabbs has to find that magical number that will work. I'm thinking .20 to .50 cents, but I'm not an economist, and then go up from there. I also don't know how many times they will bump it up. If there is any rules they have to follow for this to happen. So it could also be higher or lower than what I'm thinking. I still can't wait, this is all just very cool to be a part of and watch.

I was on the dollar train for a while for all the common arguments (ease of transaction, less confusing, etc). I don't belive that today. I'm thinking around a dime to start, give or take a few cents. I really like Enoch8's take on the numbers, and what they need in circulation.

Personally, I'll take anything over a penny and be happy as a lark.

[CBI Source: reveal the intentions to raise the value of each Iraqi Dinar to $1 usd per IQD]

with the Central Bank will raise the value of the dinar against the dollar gradually towards the day to begin replacement where the value will be in the absence of a wiggle one equivalent of IQD one US dollar.

Ok sounds like they're going to come out small and be up to a dollar by the time the new dinars are ready for distribution.

I hope that's how they roll it out. It's the most logical way to get it up to a dollar and mange the circulation. And please save the de-dollarizing argument. When Iraq moves to IMF Article VIII they can only have one currency.

[Contract with four international companies for the printing of new currency]

those are euros

http://www.theuglycow.net/wp-content/uploads/2010/05/Euro-money.jpg

if they did print a replacement currency with a new 50, 250 or 500, you would be staring down the barrel of a redenomination/LOP.

Don't get excited about new notes unless they are only additional smaller denoms, not replacements.

Ha! €

People see what they want to see...

[This is what Sabbibi asked for... Security!]

My apologies. I should have more explicit. My point was the amount of time government, banks, etc. are closed prior to the Summit, and after. The prior I can understand for preparation, but why two days after the Summit is over? If the heads of states are leaving on the 29th, why is everything closed until the first?

Well, the 30th and 31st are a Friday and Saturday. Regular schedule for closures there. I'm tracking with your point m'lady, and hope you're correct. IMO, the timing isn't right.

[This is what Sabbibi asked for... Security!]

Except that the heads of state, kings, etc., will only be in Baghad for one day. If they are there for more than 8 hours, I would be surprised. The closing of government, banks, etc., gagging of the media, seems excessive for this to me.

I don't think it's excessive. Imagine what would happen if there was a "successful" attack during the Summit? I think that M and the rest of his cronies know that they don't have any real control over the security situation. Especially now that we're gone. If there is anything at all that they can do to keep the heads of the Arab nations from being blown to bits, or otherwise assassinated they will. Closing the borders, banks, media, anything and everything is an option.

As much as I'd love to see this thing pop during the lead up to the Summit, I think a RV or any kind of monetary change during this window is the last thing they want. It would be too big a distraction from other security needs. Do you think Shabbs wants any attention placed anywhere else than the banks when this thing RVs? No way. The Summit is the priority now until last wheels are up and out of Iraqi airspace.

[Iraqi List: Submit torture photographs at Arab Summit]

What a joke.

[Med: Timeline - Now Thru Jan 2013 - It Will Move 1166 Pips !]

I'd love love love to see it move like that. Much more likely that a straight RV, IMO.

[Enoch8 responding to Highlander and Proteus]

Good thread.

[Iraq-NEW Currency ISO Code]

The International Organization for Standardization publishes a list of standard currency codes referred to as the ISO 4217 code list. Below, we list ISO 4217 codes for currencies in circulation, plus some (marked with an asterisk) that are not officially recognized by the ISO. This list excludes obsolete and old Euro-zone currencies.

Currency codes are composed of a country's two-character Internet country code plus a third character denoting the currency unit. For example, the Canadian Dollar code (CAD) is made up of Canada's Internet code ("CA") plus a currency designator ("D"). For a list of currency symbols like the dollar sign "$", the Pound sign "£", and the Euro sign "€", refer to our Currency Symbols page.

http://www.xe.com/iso4217.php

And the Digital ISO code for the United states is or was or is 840 ? I think this is a dead end.

http://iso-code.com/currencies.3.html

ISO 4217 refers to the list. Iraq's ISO code is IQD. IQ = Iraq. D = dinar.

This has nothing to do with a rate change.

[Kurds wait for March 21 announcement with anticipation]

Hmm.

[Najafi: bombings aimed at today's National Conference and the summit of Baghdad]

I'm reading this as the bombings are aimed at discouraging (terrorizing) those who aim to hold the National Conference and Summit.

I also don't believe that Nujafi would slip up and mention it, especially if they've managed to keep the date a secret.

[Mailman Plays Jeopardy !]

Any idea what this Saudi article he keeps referring to is?

[UN Secretary General: We're Working to Remove Iraq from Chapter 7]

So I got to thinking and maybe its fuzzy logic from the late hour...... but if it were to RV tomorrow, and Chapt 7 is not yet lifted..... could we exchange dinar any other place other than Iraq? Me thinks no until the Chapt 7 restrictions are fully lifted? (hoping my analytic buds here on DV can answer that one)

I don't think that Ch 7 has anything to do with our ability to cash in. After all, you can buy and sell IQD now.

[Applicable: The Central Bank has promised to reduce the value of the dollar and the potential to modify the pension law]

How do you decrease the value of the dollar versus the dinar? Raise the value of the dinar versus the dollar.

[Kurdish sources reveal that a strategic decision fateful high importance will be announced soon!!]

Maybe that they've aligned with the List?

[Okie Already Disclaiming]

Quote

OKIEOILMAN: OK HERE IS A SIMPLE VERSION–SOME BANKS WILL ACCEPT THE INSTRUCTIONS FOR CASH OUT FURNISHED BY THE UST—-SOME BANKS WANT TO SEE IT ON THE CBI——-SIMPLE NUFF?????

OKIEOILMAN: MCBRP–I AM PAST THE STAGE OF DUMBING DOWN AN INTEL REPORT FOR THOSE LESS FORTUNATE TO UNDERSTAND

OKIEOILMAN: I AM NOT ACCOUNTABLE OR KNOW THE PROTOCOLS AND PROCEDURE’S OF EACH INDIVIDUAL BANK—MY NAME IS OKIE AND NOT UST

OKIEOILMAN: DINARCHASER—-EVIDENTIALLY SOME BANKS ARE LIKE SOME MEMBERS ON THIS SITE—-THEY DOUBT EVERYTHING EVEN THE UST THAT CONTROLS THE BANKING SITUATION IN THE USA]

End Quote

Each line is a precious gem......Great Comedy Material...Once again....Sadly funny ( or funnily sad)

Tears on my GEMBOX!

[Dulaimi, calling for an emergency meeting of the leaders of the blocks ahead of the summit]

Bring me up to speed.

Is this guy the official D.M.

or the temporary one?

M appointed him as proxy much to the chagrin of A and the List.