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Abarvets
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Posts posted by Abarvets
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Good morning everyone.....what a morning already...just thinking about where we are right now...
........IQD down to manageable amounts in-country for an RV....and then we find out this...
..........USD left to Iran causing urgency to get 4 companies to print the new currency.......
...all I can do to keep my feet on the ground right now....and I've not hit on all the other stuff....
This is another morning that is going from good morning to great morning!
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Thanks Tony!
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Music to the eyes!
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Avarvets, did you read the one about the borders closing for three days......?
Yeah and the SWIFT action took place Saturday the 17th, you just got to love all that's going on brother....
I did read it. Closed to all commercial traffic only allow people to cross. We also have the bank holiday on Thursday............. so if word got out........... to little to late. I do love how all the pieces are fitting together. Thanks for correcting me on SWIFT. Iran also stops trading in the petro dollar this week, not sure how that is going to work without SWIFT, will they be crossing other borders with truck loads of cash? Curious.
Speaking of Iran here a little info Deputy warns against the dollar continued to withdraw from the market
Topic has been read 469 times
19/03/2012
BAGHDAD - Al Sabah
Revealed the decision of the Economic Commission representative in the House of Representatives, the output of about two billion U.S. dollars from the Iraqi market within one month, warning of the danger of continuing to pull the dollar because it affects the power of the Iraqi dinar. Said Mahma Khalil told (Rn), that "as economic indicators have emerged of the Iraqi market about two billion U.S. dollars in one month only. "" We can not accuse any party of standing behind it, do not say it's the smuggling of foreign currency, and whether what happened was the result of transfers of traders and trading citizens, but the economic indicators say so. " He pointed out that "out of these amounts, whether formally or informally, it has impacts on the strength of the Iraqi dinar because the dollar that we get comes from the export of only commodity that we have a crude oil, ranging from 200 to 300 million dollars a day."
Read more:
On top of things as usual. Thanks much Yota!
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This was a very interesting thread. Thanks to all who contributed. With regards to their neighbor Iran please remember they are being removed from the Swift banking system which I believe if memory serves was yesterday. Their neighbor has no access to any type of global banking, can't transfer money, do credit card transactions or see currency rates etc. This may explain the urgency to get this done IMHO.
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Kurdistan seems to be very popular as of late. Thanks for the post.
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Happy Monday Abarvets and G'morning DV folks! I'm hanging on to a great news day today, there is change in the air!
Why thank you precious and right back at you!
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Thanks for the article another + here on a Monday morning!
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GM Abarvets I'm waiting on them to post that Budget!!
Thanks Yota!
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Thanks for the post. Well this is interesting because in an article that Yota posted the last line is this:
"those non-Arab only, which will participate at the top is the United Nations and the Organization of the Islamic Conference and the Organization of African States and the European Union. "
Read more:
So who is invited and who is not and does it really matter?
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GM Yota, do I understand the last line correctly (it is still early)
"those non-Arab only, which will participate at the top is the United Nations and the Organization of the Islamic Conference and the Organization of African States and the European Union. "
So members of the EU will be there?
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Wow great news. Thanks for bumping this folks, I might have missed it otherwise. Happy Monday!
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GM, well if it is solved according to the constitution then what is left to do?
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GM, thanks for the articles. Did not the CBI issue a limit on the commisssion not to be more then 10 dinars?
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Interesting article to wake up to thanks!
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Could you re-supply the link? The article is different it is from Oct. 2011. Thanks.
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Erbil Auto Show Sells Most Expensive Car in Kurdistan
15/03/2012 03:49:00By HAWAR ABDULRAZAQ and HEVIDAR AHMED
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A car presenter at one of the booths of the Erbil International Auto Show. Photo by Asaad Akan/Rudaw.
ERBIL, Kurdistan Region -- The Erbil International Auto Show, held last week, showcased the latest models of Mercedes Benz, Jaguar, Land Rover and Hamann cars. The organizers of the four-day event say it was the most visited fair in Erbil.
Eighty-five companies from 18 countries participated in the show.
Rawand Yasin, manager of the Mihtab Company, said they succeeded in bringing the German-based company Hamman to Erbil.
“We brought Porsche cars and sold them at the fair,” said Yasin, who added they plan to bring Ferraris and Lamborghinis to Kurdistan as well.
An interesting feature of the auto show was the presence of showgirls from Turkey, who attracted the attention of visitors.
Ayden Gokdemir, a representative of Mercedes Benz in Kurdistan, said they brought the showgirls in keeping with the custom in auto shows elsewhere in the world, “but it is new for Kurdistan.”
Inike was one of the showgirls at the Mercedes Benz section. She said she did not feel much difference between the event in Erbil and other places she has been to.
“People have good information about our cars and, just as at other auto shows, people wanted to take pictures with us,” she said.
Gokdemir said that a Mercedes ML car was sold for $660,000 at the fair, the first of its type to be purchased in the Middle East.
Abdullah Amed, supervisor of the Erbil International Exhibition, said around 10,000 to 15,000 people visited the auto show each day, the highest number of visitors to an exhibition held in Erbil.
“This shows that Kurds like cars and want to know about the latest developments in the field,” said Ahmed. “It also shows that people’s economic conditions are better in Kurdistan.”
Ahmed Kiswani, general manager of the Carzone Company which represents Nissan in Iraq, called the auto show “exemplary.”
“There was a strong competition between different manufacturers to present their best cars. I consider this the best exhibition in Iraq,” said Kiswani.
Many visitors complained about the high prices of cars available at the auto show. Amira Rafayi, who came from Kirkuk with her husband to visit the show, said, “There are many beautiful cars here but they are expensive.” She visited the Erbil auto show to purchase a car.
Sarbast Akram, who displayed a Land Rover and Jaguar in his section, said they sold $1 million worth of cars during the auto show. Among his customers was a woman who bought a sports model Jaguar.
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Nujaifi , soon visit Saudi Arabia .
15/03/2012 13:22:00
Baghdad/ Nina /--The Information Office of Speaker Osama Nujaifi announced that Nujaifi will pay an official visit to Saudi Arabia in the coming few days .
The office said in a press statement : " Nujaifi will head a parliamentary delegation to visit Riyadh in the ahead period , at an official invitation of the Shura Council in Saudi Arabia."
The statement did not specify a date for the visit, adding that Nujaifi will discuss bilateral relations between the two countries." / End
http://www.ninanews.com/english/News_Details.asp?ar95_VQ=FKHHKI
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Parliament start session headed by Najafi and the presence of 220 deputies.
15/03/2012 12:26:00
Baghdad/ NINA /--Parliament started before afternoon its Thirty session of the current legislative term headed by Speaker Osama Najafi, and attended by 220 deputies, out of 325.
The agenda of today's session includes , the first reading of proposed amendment of the law of 2012 federal budget and vote on the ratification of Iraq accession to the International Convention on the institution of the Organization of the International Agency for Renewable Energy and vote on the memorandum of understanding between Iraq and the European Union on strategic partnership in the field of energy. "/ End
http://www.ninanews.com/english/News_Details.asp?ar95_VQ=FKHHJI
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Since when has anything ever happened over there that we haven't gotten at least two conflicting news releases about it?
Trying to think...................pretty much never.
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"The results of these talks will appear during the next few days and would have things in the interest of both countries."
My favorite part! Likely things in OUR interest as well!
KK
I enjoyed that part as well!
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I just read another post claiming Maliki not successful
So much smoke
Go RV
B)I think they are burning wet leaves.
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Internal affairs chief in Nineveh police survives assassination attempt
14/03/2012 19:13:00
Mosul (NINA) – Internal affairs chief of Nineveh police, Colonel Ahmed Kadhim, survived today an assassination attempt by an IED northern Mosul.
A source in Nineveh police told NINA correspondent that “an IED implanted on the roadside in Al Arabi area northern Mosul exploded when the colonel was passing by. Nobody was injured.” /End/
http://www.ninanews.com/english/News_Details.asp?ar95_VQ=FKHGLE
Central Bank began printing Iraqi currency after deletion of zeros
in Iraq & Dinar Related News
Posted
I love all these urgent articles now. Thanks for the post.