DetroittoAZ

The eye of a tiger! Thanks Yota!

Thanks K98!

Thanks Yota And welcome back Stryker

The Iraq Stock Exchange: Delete the zeros of the local currency will affect the level of stock trading 21/05/2012 08:14 BAGHDAD / news center for the Iraqi Media Network - Authority confirmed Iraq Stock Exchange that the deletion of zeros from the local currency hurt at the current stage the level of stock trading in the Iraqi market for securities. The Executive Director of the Iraq Stock Exchange Abdul Razzaq al-Saadi's (News Center for the Iraqi Media Network) that "the deletion of zeros from the local currency hurt the circulation of shares of stock because there are less than 80 dinars and will be lost in case of deletion of zeros." The Central Bank of Iraq is being preparations for the start delete the three zeroes from the local currency. "The central bank is required to provide the feasibility of the process on the ability to absorb the economic situation and how to delete the zeros are the costs of the artistic process Do they contribute to the infrastructure of the monetary policy." And started the Iraq Stock Exchange initial preparations for membership of the global market for securities, also announced the initiation of electronic filing of companies foreign and domestic investment, rather than filing paperwork. The Iraq Stock Exchange has started operation in 2004, and shifted from manual trading to the use of e-dealing screens in 2009 and open for trading two hours a day five days a week. The banking sector is the largest in the exchange, which also includes the shares of industrial companies and insurance companies, hotels and agricultural companies. http://imn.iq/news/view.12451/

You can paint the picture however you like. But the truth is that it is what it is...... This phsyco belongs behind bars

IMO They are rich and hiding lot's of info from us. :drool: Thanks jonjon!

Slowly but surely! Thanks Yota

Everybody is waiting to do business and the pressure is on...... Thanks Tony!

Members of the parliamentary Foreign optimistic about the salvation of Iraq from Chapter VII Advisor to the owners: Kuwait will of the Security Council agreed to lift the sanctions on Baghdad after a meeting April 15 Maliki directed to submit to the Commission re-distribution of fuel to the fishermen’s recommendations to support the fishermen’s quotas (the world) Revealed adviser to Prime Minister of the existence of a crucial meeting between Iraq and Kuwait, leading to a report to the Security Council, including the approval of Kuwait to lift the sanctions on Iraq with the approval of both sides to complete the remaining obligations between the two countries, between a member of the Foreign Relations Committee, the parliamentary Raising Iraq from Chapter VII is not about Kuwait alone, but the conviction of the international community, and political pressure. The Legal Adviser to the Prime Minister Fadel Muhammad said in an interview with “the world” yesterday that “on 15 of this month will hold a crucial meeting between Iraq and Kuwait to Baghdad to settle all outstanding issues between the two countries,” expected to so they can be very positive results. He added that the Kuwaiti delegation headed by Foreign Minister Mohammed Sabah, the membership of officials and ministers involved in the files of contention between the two countries. He said Muhammad, “If we reach a joint agreement with Kuwait will send the report to the Security Council, and approved it, with approval from both sides that all that remains of obligations between the two countries from archive missing and the demarcation of the border will be completed in good faith between the two countries, and thus closes the file in the Security Council International, and ending penalties for Iraq under Chapter VII. “ A member of the Committee Mohammad Jamshid in an interview for “the world” yesterday that “the State of Kuwait gave positive signals to remove Iraq from Chapter VII, given to the participation at the Arab summit, not to mention the participation of many Arab countries high.” He added that “the visit of Prime Minister Nuri al-Maliki to the State of Kuwait, which preceded the summit was very positive, as it achieved its objectives and prompted Kuwait to cooperate with us to rid Iraq from Chapter VII and the political and economic sanctions currently in place.” He expected Jamshid contribute to the Arab League also freeing Iraq from Chapter VII, “I do not doubt that the Arab League wants an Iraq that influence takes leadership role in the region, Iraq today is not Iraq’s former regime, which was a source of concern and problems for the region. And I expect that there will be a gesture quick to get rid from Chapter VII. “ I take it a member of the Foreign Relations Committee, the parliamentary staff Arshad remove Iraq from Chapter VII that the international community and members of the Security Council specifically, explaining that “the issue of withdrawal of Iraq from Chapter VII is not about Kuwait alone, but there is a UN resolution needs to be pressure from Arab countries and the Arab League http://www.alaalem.com/index.php?aa=news&id22=45268

Jubouri: Central Bank take even two steps to raise the price of the Iraqi dinar BAGHDAD / JD / .. According to a member of the Finance Committee's parliamentary Haitham Jubouri take two steps the Iraqi Central Bank to raise the price of the Iraqi dinar and weighed against the U.S. dollar. Jubouri said L / JD / "The central bank has taken two steps is to first new controls on the value of the transfer and identify external electronic point of arrival and will go to any country," and secondly "to keep the bank with $ 65 billion in capital." Jubouri and "The Bank to keep the $ 65 billion is a very good capital that would preserve the Iraqi dinar exchange rate, an increase of supply relative to demand in the local markets." He said, "The Iraqi market is witnessing the fluctuation of the local currency and the high exchange rate for foreign currency must be careful in making decisions." He was a member of the Finance Committee has expressed confidence in the stability of the purchasing power of the Iraqi currency in the coming days. ", Stressing that these precautions have escalated. Said the Iraqi Central Bank in a statement, obtained by (JD) a copy of it": that some of the journalist community deliberated analyzes marred by a lot of palaces, which indicated that the Iraqi Central Bank's reserves of foreign currency has decreased during the last few months, billions of dollars. The central bank said that these numbers or other sales are the result of the dollar to the regular customers of Iraqis and through the daily operations of the foreign currency auction in the past months or years, knowing that the bank's reserves of foreign currency has not declined but increased during the last period. He noted that central to the direct intervention of neighboring countries in this auction is baseless and unfounded, although the regional impacts of current left indirect effects on the movements of foreign exchange in the domestic money market. The Finance Committee of the House of Representatives has warned of the danger of the continuing decline in the exchange rate of the dinar against the U.S. dollar, which arrived during the last few days of 1300 dinars to the dollar, for the first time in nearly four years. On the other hand reduced the appearance of the bank adviser Mohammed Saleh, the risk of devaluation of the Iraqi dinar against the dollar, and said it will disappear gradually forming bubbles. It is noteworthy: The Cabinet had formed a committee to study the fluctuation of the Iraqi dinar exchange rate in recent times, to provide appropriate solutions and to prevent damage to the economy home. http://www.dananernews.com/News_Details.php?ID=363

Good stuff thanks Papster

Haha, Just another squerl in this world trying to get a nut!

GM Yota, This article is some real news straight from the streets. Thanks

One day this baby is gonna POP! Thanks Jupiter

This whole article is great. Thanks K98 The dinar’s depreciation has prompted the Central to intervene by increasing supply of the greenback and withdrawing dinars from the market. It has forced the bank’s senior officials to give statements to assure markets that the country has massive reserves of hard cash, more than enough to cover the dinars in circulation.

Get your popcorn ready! Thanks Easy

Citizen newspaper »News» Economy After the government made ​​them hostage Bremer other currencies: Is re-delete the zeros of the Iraqi currency value.. Citizen - Ahmed Darraji Contributed to the Government of Bremer in the low level of purchasing power of the Iraqi dinar after the U.S. invasion of Iraq 2003, compared to what happened with Kuwait after Saddam's invasion since remained Kuwaiti currency preserve the value of purchasing power has not suffered a breakdown according to the application of the principle of international commitment to Kuwait based on stockpiling oil, which does not rise to the owned Iraq's major economic resources, after Bremer left the Government of the Iraqi dinar recovering automatically depending on what is owned by the Iraqi Central Bank reserves, which adopted a new policy in a currency management system. And the shift from currency to currency large small to get rid of sagging cash inside the country. Policies of non-systematic See Sabri Mohammed Jaafar graduate student in the Faculty of Management and Economics University of Mesopotamia that the economic policies of others thought pursued by the previous regime left a heavy burden on economic reconstruction in Iraq and said Sabri to the get rid of it needs a serious stand of economic policy sober is to restore the nominal value of the Iraqi dinar . And get rid of dependence on other currencies after the authority of the Atlantic Alliance has developed an economic policy of deliberately making the Iraqi dinar as long as possible away from the banking institutions and foreign banks to stay away from the weak external trading. Advance planning Will prepare Abdullah, owner of banking see the evolution in the world of systems developed economic imperative for those involved in the economic policy in the country review of some current policies in the country to keep pace with what is happening in the world for the promotion of the economic reality of Iraq and raise the value of Iraqi dinar as before, and continued Abdul God to delete the zeros of the Iraqi currency Athaj prior to planning and preparing the ground of economic in time and the appropriate time that would guarantee the right of everyone without damaging them, noting at the same time that we do not look back and what happened in the nineties of the last century As seen from the side of the spectrum Shuwaili owner of an auto show that the deletion of zeros from my point of view is not a solution at the moment and I think that this process becomes a necessity when the economy is in a stable condition, fully accompanied by continuous growth and continued Shuwaili this process contributes to the understanding of the citizen to the figures of cash, let alone reduce the masses of cash in which nHaadhr much of her pregnancy in the markets and trading, and perhaps we are exposed to risk because of her pregnancy, pointing out the reluctance of the citizen for deposit in the banks that have sprung up recently what happened thefts large inside these banks, so the existence of currency smaller became necessary provided that the proper ground for it. The fear of poverty In the same context, see for Us Samir employee bank, currency, as the current intolerable errors by 1.3% from counting due to the proliferation of counterfeit currency within the country, adding as I find them expensive and cumbersome in the process of input and output bank and most banks add additional value in banking transactions. So I delete the zeros from the currency as much as his aspect of the positive offset negative aspects because they are subject to psychological factors and a sense of relief to the presence of a coin with the exchange rate is high but was outside or inside the country and noted Samir has been accompanied by the deletion negative aspects may be affected by the owners of salaries and high sense of poverty and this reduces the value of consumer purchasing power and Fu hit for example, that employee salary (1,000,000) and when it becomes deletions (100,000) will lead to frustration perhaps this amount from the point of view can not fill its needs. Therefore, I find the process of deleting the zeroes are not only to cope with all of the processes and transactions in the market supply and demand and control of goods entering and monitoring of traders in order to balance the deletion process with what is happening inside the Iraqi market, their compatibility with the various policies and development plans. A national decision Counsel at the Central Bank the appearance of Mohammed Saleh confirmed his part in the previous press statements on the importance that has the law to delete the zeros with the consent of the government and the Iraqi Council of Representatives because it relates to the national economy, pointing out that many developed countries have resorted to this decision to reduce inflation and reduce the liquidity excess, where Iraq suffers from a sagging mass of cash, pointing out that the Board of Directors has approved the decision to delete the zeros after the completion of the designs of the currency bearing the legacy of Iraq and its history and civilizations, as well as discussed by the Financial and Economic Committee of the Council of Ministers, noting that the bank is waiting for approval Council to begin the replacement of the new currency, which should be with the new financial year and proposed by the Bank with the beginning of the year 2013. Salih stressed that the process of replacing the currency will take two years to prevent any disruption in the delivery and receipt process, explaining that the banks will continue to receive the old currency for ten years as rights and not for circulation. Find an alternative to oil Economic expert Hashem Haboubi explained his part that the process of charting the course of true and systematic of the Iraqi economy must coincide with radical solutions to the current political situation Political stability and security a very important factor in the process of economic construction, which is not without strategic plans long and short term characterized by realism and rely on what is available potential of the human harness to reach the desired goal of achieving economic well-being of Iraqi citizens, and continued Haboubi I find that those who promote the reality of agricultural and industrial, which is Kruad important in economic development and not rely on oil to fund the budget as well as economic policy-making, but must provide an alternative that can create the type of of balance in the construction process noting that the deletion process to be implemented by the Central Bank of Iraq I find as a first step towards achieving the goal and purpose sought by the Iraqi society. http://almowatennews.com/news.php?action=view&id=39324

Thanks Rod

Yessir Thanks Yota!!!!

Advisor to the owners: Kuwait will of the Security Council agreed to lift the sanctions on Baghdad after a meeting April 15 المالكي يوجه بتقديم لجنة اعادة توزيع الوقود على الصيادين توصياتها لدعم الصيادين بالحصص (العالم) Maliki directed to submit to the Commission re-distribution of fuel to the fishermen's recommendations to support the fishermen's quotas (the world) بغداد - مصطفى ناصر Baghdad - Mustafa Nasser كشف مستشار لرئيس الوزراء عن وجود اجتماع حاسم بين العراق والكويت، يفضي الى رفع تقرير الى مجلس الامن الدولي، يتضمن موافقة الكويت على رفع العقوبات عن العراق مع اقرار من الجانبين على اكمال الالتزامات المتبقية بين البلدين، فيما بين عضو في لجنة العلاقات الخارجية النيابية ان رفع العراق من طائلة البند السابع لا يتعلق بالكويت وحدها، وانما بقناعة المجتمع الدولي، وبالضغط السياسي. Revealed adviser to Prime Minister of the existence of a crucial meeting between Iraq and Kuwait, leading to a report to the Security Council, including the approval of Kuwait to lift the sanctions on Iraq with the approval of both sides to complete the remaining obligations between the two countries, between a member of the Foreign Relations Committee, the parliamentary Raising Iraq from Chapter VII is not about Kuwait alone, but the conviction of the international community, and political pressure. وقال المستشار القانوني لرئيس الوزراء فاضل محمد في مقابلة مع "العالم" امس ان "يوم 15 من الشهر الجاري سيشهد عقد اجتماع حاسم بين العراق والكويت في بغداد لتسوية كل المواضيع العالقة بين البلدين"، متوقعا ان يصار الى نتائج ايجابية للغاية. The Legal Adviser to the Prime Minister Fadel Muhammad said in an interview with "the world" yesterday that "on 15 of this month will hold a crucial meeting between Iraq and Kuwait to Baghdad to settle all outstanding issues between the two countries," expected to so they can be very positive results. وأضاف ان الوفد الكويتي سيرأسه وزير الخارجية محمد الصباح بعضوية مسؤولين ووزراء لهم علاقة بالملفات الخلافية بين البلدين. He added that the Kuwaiti delegation headed by Foreign Minister Mohammed Sabah, the membership of officials and ministers involved in the files of contention between the two countries. واكد محمد "اذا وصلنا الى اتفاق مشترك مع الكويت فسيرسل التقرير الى مجلس الامن، ويصادق عليه، مع اقرار من الجانبين على ان كل ما تبقى من التزامات بين البلدين من ارشيف ومفقودين وترسيم الحدود سيتم انجازها بحسن نية بين الدولتين، وبالتالي يغلق الملف في مجلس الامن الدولي، وتنتهي العقوبات المترتبة على العراق بموجب الفصل السابع". He said Muhammad, "If we reach a joint agreement with Kuwait will send the report to the Security Council, and approved it, with approval from both sides that all that remains of obligations between the two countries from archive missing and the demarcation of the border will be completed in good faith between the two countries, and thus closes the file in the Security Council International, and ending penalties for Iraq under Chapter VII. " وقال عضو اللجنة محمد جمشيد في حديث لـ"العالم" امس ان "دولة الكويت اعطت اشارات ايجابية لرفع العراق من طائلة البند السابع، وذلك بالنظر الى مشاركتها في القمة العربية، ناهيك عن مشاركة العديد من الدول العربية الرفيعة". A member of the Committee Mohammad Jamshid in an interview for "the world" yesterday that "the State of Kuwait gave positive signals to remove Iraq from Chapter VII, given to the participation at the Arab summit, not to mention the participation of many Arab countries high." وأضاف ان "زيارة رئيس الوزراء نوري المالكي الى دولة الكويت التي سبقت القمة كانت ايجابية للغاية، اذ حققت اهدافها ودفعت الكويت للتعاون معنا لتخليص العراق من البند السابع والعقوبات السياسية والاقتصادية القائمة حاليا". He added that "the visit of Prime Minister Nuri al-Maliki to the State of Kuwait, which preceded the summit was very positive, as it achieved its objectives and prompted Kuwait to cooperate with us to rid Iraq from Chapter VII and the political and economic sanctions currently in place." وتوقع جمشيد ان تسهم الجامعة العربية ايضا بتخليص العراق من البند السابع، قائلا "لا شك ان الجامعة العربية تريد عراقا مؤثرا يأخذ دوره الريادي في المنطقة، وعراق اليوم لم يعد عراق النظام السابق الذي كان مصدر قلق ومشاكل للمنطقة. واتوقع ان تكون هناك بادرة سريعة للتخلص من البند السابع". He expected Jamshid contribute to the Arab League also freeing Iraq from Chapter VII, "I do not doubt that the Arab League wants an Iraq that influence takes leadership role in the region, Iraq today is not Iraq's former regime, which was a source of concern and problems for the region. And I expect that there will be a gesture quick to get rid from Chapter VII. " الى ذلك اعتبر عضو لجنة العلاقات الخارجية النيابية اركان ارشد رفع العراق من البند السابع بانه يتعلق بالمجتمع الدولي واعضاء مجلس الامن تحديدا، موضحا ان "موضوع خروج العراق من البند السابع لا يتعلق بالكويت وحدها وانما هناك قرار دولي يحتاج الى ضغط من قبل الدول العربية والجامعة العربية". I take it a member of the Foreign Relations Committee, the parliamentary staff Arshad remove Iraq from Chapter VII that the international community and members of the Security Council specifically, explaining that "the issue of withdrawal of Iraq from Chapter VII is not about Kuwait alone, but there is a UN resolution needs to be pressure from Arab countries and the Arab League ". التفاصيل في الصفحة السياسية Details on page political http://www.alaalem.com/index.php?aa=news&id22=45268

Everybody is waiting to get paid. Great post Hound!

Looks like they learned a thing or two at the summit!