LittleMissAsh

Yes, this is moving right along!!! Thank you for the post Yota! As always you win news boy award!

Good article, and just more proof that they have only one way to go and that is up... We are on the cusp, a few more things to button up and I believe the whole sha-bang will come together very soon. Thank you for the article.

Thank you so much for this post it is an amazing story and it takes a special person to see this story in a compassionate and convicting way. We need more conviction in today's society, marriage, family and faith all suffer because the simple moments that feed altruism and love in us are fleeting much faster than we know. Love it! Thanks again. Ash

I'll huff and I'll puff and I'll blow your little house down, sorry I couldn't help it, reminded me of "The Three Little Pigs." Cheezy I know!

Thank you it does help..

What does territories mean in an approval for a budget? Also this is Greek to me so forgive me, what is the reference to blocks and large blocks? It sounds like zoning to me, does this mean more than what I am reading?

Just a side note all the economist articles I have read seem to end on this 2012 note, on the inflation problems in developing countries. There seems to be a wake in currency in general globally concerning these developing areas, more room for speculation? Now I am not entirely well versed in economics but this goes back to 2010 through 2012, is this typical for a review? Do they usually give estimations just with in a year or do they typically go further out in calender years?

“Globally, GDP [1] is expected to grow 3.2 percent in 2011 before edging up to 3.6 percent in 2012,” said Justin Yifu Lin, the World Bank’s Chief Economist and Senior Vice President for Development Economics. “But further increases in already high oil and food prices could significantly curb economic growth and hurt the poor." Recent events in Japan and the political turmoil in the Middle East and North Africa have cut sharply into domestic growth, but spillover effects to other economies are expected to be modest. GDP growth in 2011 will likely be flat in Japan. Among developing Middle-East and North African countries, GDP growth in 2011 will be weakest in Egypt (1 percent), Tunisia (1.5 percent), and Libya [2]. While uncertain, growth in both Egypt and Tunisia is projected to pick up in 2012, reaching close to 5 percent by 2013. Strong growth in most developing economies has contributed to a new set of global challenges, including higher commodity prices, rising inflation, and the possible return of destabilizing capital inflows as monetary policies tighten and interest rates rise. “Developing countries have been resilient despite remaining tensions in high-income countries,” said Hans Timmer, director of Development Prospects at the World Bank. “But many developing economies are operating above capacity and at risk of overheating, most notably in Asia and Latin America. Monetary policy has responded, but fiscal and exchange rate policy may need to play a bigger role to keep inflation in check.” Inflation in developing countries reached almost 7 percent year-over-year in March 2011, more than 3 percentage points higher than the low point in July 2009. Inflation in high-income countries has also picked up reaching 2.8 percent in April 2011. The biggest increases in inflation have been in the East Asian and Middle-East and North African regions, reflecting capacity constraints in the former and food prices in the latter. High oil prices and production shortfalls due to bad weather have contributed to higher food prices, which has negative consequences for the poor who spend a high proportion of their income on food. Although domestic food prices in most developing countries rose much less than international prices during the 2010/11 spike (7.9 percent since June 2010 versus 40 percent for international prices), local prices may rise further as international price changes slowly pass through into domestic markets. In addition, if the 2011/12 crop year disappoints, food prices may rise further, placing additional pressures on the incomes, nutrition, and health of poor families. “The financial crisis for most developing countries is over,” said Andrew Burns, manager of Global Macroeconomics and lead author of the report. “Efforts must now focus on returning monetary policy to a more neutral stance and rebuilding the fiscal cushions that allowed developing countries to respond to the crisis with counter-cyclical policies. Increasingly, medium-term prospects will depend on the kind of slow-acting social, regulatory and infrastructural reforms that generate improved productivity and sustainable growth.” The full report and accompanying datasets are available at www.worldbank.org/globaloutlook.

Yes its much bleaker than the numbers give way to, remember unemployment is a 12 month window count, after this the govt. doesn't feel the need to add this to the unemployment rate, Fudging the numbers is not just a hobby its the way things are done!

Great post elusive one... I feel the energy building! This will be a good year!

In the basic forms of credit this might not mean much.. but then again if the people do not have faith or the money to place faith this would not matter any way, basically what I am saying is; this may very well be in the works if not already happened in country. A scenario may be helpful, Banks create money in the economy by making loans. The amount of money that banks can lend is directly affected by the reserve requirement set by the Federal Reserve. The reserve requirement is currently 3 percent to 10 percent of a bank's total deposits. This amount can be held either in cash on hand or in the bank's reserve account with the Fed. To see how this affects the economy, think about it like this. When a bank gets a deposit of $100, assuming a reserve requirement of 10 percent, the bank can then lend out $90. That $90 goes back into the economy, purchasing goods or services, and usually ends up deposited in another bank. That bank can then lend out $81 of that $90 deposit, and that $81 goes into the economy to purchase goods or services and ultimately is deposited into another bank that proceeds to lend out a percentage of it.In this way, money grows and flows throughout the community in a much greater amount than physically exists. That $100 makes a much larger ripple in the economy than you may realize! NOW I DONT KNOW ABOUT YOU GUYS BUT OUR BANKS BARELY LEND IN OUR CURRENT SITUATION, THE DINAR IS AN EVEN MORE PERILOUS PLACE DOES IT MAKE SENSE TO LEND WITH INFLATION ALREADY IN THE DEPTS, THIS COULD BE REALLY GOOD, BUT OF-COURSE THIS A LEARNING PROCESS FOR ME, SO I AM JUST TRYING TO SPARK CONVERSATION WITH FINANCIAL EXPERTS, I FOR ONE AM NOT.

The expected benefit of the reduction of fraud in Iraq during the coming period, especially after the initiation of the process of changing the Iraqi currency and printed a new currency of high technical specifications very difficult to forge. THis last sentence is strange, the "coming period," being future and "printed a new currency of high technical specifications," past tense. I have my own theory, but am a newbie and would love to give more experience and wisdom a go at this before I give an opinion. Also just to throw something out there I watched a newscast from Iraq and found that TURKEY is most invested in Iraq especially in Energy. US comes in fifth I will search for the cast and post in a bit.

Thank you so much for your service, looks like you were missed!

Love Andy Rooney, thank you!

Thank you for the warm Welcome !! I thought the article had some vague references to what is coming, i.e.., "paper" mentioned hope it helps to follow this whirlwind of speculation into tangible money!!!

xpectations of recovery, the economic reality after the withdrawal of foreign forces Topic has been read 206 times 15/12/2011 BAGHDAD - Fulayyih Heidar al-Rubaie He specialized in economic affairs that the process of withdrawal of foreign troops completely from Iraq will give more confidence to Oaqaan economic and development in the country, noting that the productive sectors will be in front of a task that requires them only success and increase returns of Finance to meet the need of local goods and materials, are of the view a number of professionals need to review the economic agreements with the U.S. side and to achieve maximum benefit from them, experts revealed that the period after the withdrawal will lead to the recovery of economic reality with a combination of most of the views and ideas that serve the interests of supporting the reality of development in Iraq in general. The strategic framework agreement signed between Iraq and the United States has stated in one of its clauses to enable Iraq to continue to develop its national economy through the rehabilitation of economic infrastructure has, as well as provide essential services to the people, and continue to preserve Iraq's resources of oil, gas, and maintain as well as the financial and economic assets abroad, including the Development Fund for Iraq. Also focused the Convention on the opening to the global market engineered Vdhaeha in light of the objectives of Sections V and VI of which, when pointed to the need for cooperation between the two countries in order to (integrate Iraq into the global economy and its institutions) or (support for Iraq's further integration in the departments and institutions, international financial and economic) , as stated in section V / fourth paragraph - as well as what came in the second and third paragraphs of Section VII of the Convention, which confirmed to support the exchange of information and opinions for the Liberation of IT markets in Iraq. He says economic expert Amer Jeweler Speaking (morning) that «the economic impacts of the withdrawal of U.S. forces will give the self-esteem and a sense of independence real stimulate all the forces of business for the advancement of economic activities, and will lead to lower tensions and differences that existed because of the presence of these forces and thus to improve relations between all parties in Iraq, would be reflected on the security situation improved with the government administrative behaviors, both with a direct link with the business environment. According to the jeweler that among the advantages of the withdrawal of foreign forces from Iraq is the face of legislative channels, planning and implementation of Iraq greater responsibility in supporting the local economy, and is the confrontation with the need to accelerate the legislation of laws related to reform, economic development and the requirements of development and amending old laws, as well as speed up institutional reforms and adjust work ethic. Despite the breadth of the size of the positive aspects in the process of withdrawal of foreign forces from Iraq, but the specialists stressed the importance of attracting companies of those countries of investment after the withdrawal of its military forces, and argued that this exchange of military investment sponsor revive the country's infrastructure and paper and reality of economic, especially as many countries entered Iraq military had bilateral agreements providing for economic reality to support it. And confirms the jeweler once again that the U.S. withdrawal from Iraq would lead to unite the views of everyone into a confrontation with the necessity of reform, development and the economic boom and diversify the local economy and enhance its competitiveness, and this would achieve positive results on the short-term and short. Asserting that all economic institutions, government will be faced with the choice (what next out foreign). And then will not accept any excuses, either the successful management of the facility general economic and improve the profitability and performance, or step down from his mismanagement. In regard to the Iraqi private sector and the possibility of its presence stronger in future periods explained the jeweler that this sector will have a confrontation with the fierce competition for goods and services of foreign to develop its capacity and productivity and the quality of its services and its performance and reliability, the responsibility of the individual activities and institutions of the sector and the role of the official, who is supposed to fall on government agencies to support the capabilities and requirements of its development. Calling for the formation of cell comprehensive action take on the advancement of economic reality shared by all parties and representatives of the productive sectors of public and private. To that, the economic expert Nazim Ugaili that next year will see the activation of many economic sectors, especially in light of economic mobility the local direction of the world, and advocacy to the participation of the Iraqi private sector peers in the countries of the world, with the common desire to implement the projects of reconstruction and construction of the two sides in light of the stability of the security situation in Iraq during the last period, as well as adjustments made to the Investment Law No. 13 of 2006 and promises of officials to study law again and stand when each paragraph to be more suited to the reality of the investment. He added that «what would encourage international companies to work within the country is in the ability of the security services Balhfad stabilization and the maintenance of internal security, which is the most important joints of the investment business». He pointed out that the US-Iraqi relations will be on large strategic projects that benefit both sides, especially as the U.S. companies have the technology developed in more than one sector. http://translate.google.com/translate?hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=auto&tl=en&twu=1&u=http://www.alsabaah.com/ArticleShow.aspx%3FID%3D18446

What concerns me is that the remaining sanctions may not prevent a R/V, however, upon the removal of them gives them less restrictions to trade with other international banks. I think the major hold-up of increasing the value any higher than it is now is how other international banks are limited on trade with them. (That hampers their demand) So, would you R/V prior to other banks being able to trade or after? Read more: http://dinarvets.com/forums/index.php?app=forums&module=post&section=post&do=reply_post&f=6&t=95680#ixzz1giOd8ykf Darin, I have the same concern, although I have just registered to DV I have been creeping on this site for a year or more, this is often my thought on one of the reasons the RV/RI hasn't happened yet I would love to get feedback from Randalln on this particular aspect. Does this seem plausible, as on of the hold ups? Will lifting the sanctions possibly have a positive effect on how fast Iraq reacts to the RV/RI? Believe me I would not be asking if I did not respect your opinion so please do not take this as condescending because it is most definitely not!