unirod

"Iraq is witnessing during the current stage a great openness by Arab banks and there is a desire to open branches of Gulf banks inside Iraq," Ok! then let's open new banks with a real currency value!

Over the years they have decried corruption. But only in the recent months have so many economists, politicians and others come out against the CBI Currency Auctions! The Auctions are on overtime....Suddenly!!!

Maybe he see's that nobody cares about his protests ?

No Date on the first article?

Today I applied for an Al Karmal account. I'm so used to crappy service from Warka, will I have to wait until Christmas to get a reply? LOL!!

Thanks JB,and brob!!

Thanks brob! Do you have a link to Al Karmal?

I finished sending my 2nd request to transfer stocks. In addition all the original correspondence with emails from 2011 establishing my ISX trading account in the first place with Warka. I'll let you all know if Warka Brokerage responds.

I sent Warka Brokerage a request for stock transfer on February 2nd and have yet to even receive a reply. I do have my original certified copy's of all documentation needed from Warka back in 2011. I will re-send these documents by E-mail as there can be no expiration date on a certified document. But I'm apprehensive about sending my originals to the named address. Any comments or advice?

I think it’s a good idea to separate my investments from Warka and now I have the opportunity. I don’t want all my eggs in one basket anyway. I feel that I’m going to make more money 💰 in the ISX than anywhere else.

NMP2017, Thanks so much for the heads up on this.I sent out an authorization letter 2 months ago on the proxy issue and never heard a thing back from Warka. In my new Authorization letter I felt the need to also state that my Authorization to transfer all Stocks and Shares were to include any Stocks and Shares acquired as a result of dividends paid to myself XXXXXd X. XXXXXXXXX and or issued to the proxy company. I needed to say this just in case anything acquired was to be confiscated by the proxy company. I may not have needed to say this but why not see to it that all the bases are covered.

Likely to build their credit rating? IMO.

I hope this is Al-Monsour Paharmaceuticals (IMAP) they are talking about. I bought 200,000 shares of it back in 2012.

They still would have to open up at their real rate and not the current program rate that they would have us believe they are worth. Otherwise there would be a run on the Dinar beyond the 2% + or -

Oh Yes! We don't really need your bond money! We just wanted to prove to the world that we could attract investors! These guys are gaming the international community! IMO............

Thanks JB for the instructions. This evening I followed your direction and requested an update on my stock holdings and the process for authentication papers transferred out of proxy status into my good name. I will update when I know more.

Bottom of first section: What I gather from the article is that the auctions mask the real velocity of cash flow. And they control the circulation of cash to the detriment of discovering the real value of the IQD. The auctions also cook the books regarding the real inflation rates. To my knowledge there is no other economy in the world that operates using currency auctions in the way Iraq does it.

What's the value of these exports?

Follow the $Money$ The Vatican is!! So am I !!

Reinstate The IQD at 3 to 1 !!!!

This is typical business among Middle East Tribal Lords. Operating businesses like these have gone on for centuries so why should we expect civilized behavior within our lifetime?

Reminds me of the "Iron Bank" in the show "Game of Thrones"!

To believe the propaganda that Iraq is not a diversified economy is promoting the belief that Iraq is far from coming out of the stone age. To believe such propaganda is to be a fool! This fits into the big boy investors promotional, that only they can invest your money into Iraq because it's such a risk! We all know that Iraq is ready to bust open at every level of investment and we're already in! Don't forget how much the recent government bonds sold for! This country is "filthy" rich!! Don't loose the faith!!

Sounds good! but the fact remains that there will always be corruption in government regardless of what nation it may be.

Should the Iraqi people really be surprised that their religious leaders are also behind the corruption?