Tankwalker

This article millionday is discussing is under news on this site now.... http://dinarvets.com/forums/index.php?/topic/156872-launch-the-iraqi-dinar-vp-of-the-economic-commission-project-to-delete-the-zeros-economic-feasibility-of-the-regional-climate-suitable-for-launch/ Legitimate article that sounds very promising.

Great thoughts jeepguy...seems like logical thinking.

I just posted a chat log by Miilionday that also discusses and shares perspectives on this article as well as others. http://dinarvets.com/forums/index.php?/topic/156692-millionday-chat/

I know Millionday chats are always long but are mostly comprised of very good articles and then a little member chat and opinions about them. I also don't view Millionday as one of the typical gurus...she doesn't seem to pump like most do. Millionday News 8/2/13 [millionday] Economic researcher said aidid sheyaa Awad, the importance of maintaining the balance of the money supply in circulation by withdrawing Iraqi dinar surplus local market needs and stabilize the exchange rate. Pointing to the need for toviralsiolh cash in foreign currency for traders and businessmen to cover the needs of the Iraqi market of imported goods and services at a time when the country is suffering from a lack of production as a result of the decline of the productive sectors, stomatitis and exact weaknesses in the national economy [millionday] He said in an interview for (morning) that the Central Bank of Iraq is part of the economic solution system for the value of the Iraqi dinar and not the entire solution, ... Read More Link On Right especially that he was only being addressed in the economic arena and has made achievements in cash cash and his duty in the devaluation of the Iraqi dinar exchange rate against US dollar in the local market (JD/$ 1,700) to (1210 JD/$), through his open-market operations in selling foreign currency and pumped through a daily auction to meet the requirements of Iraq imports and market needs, It is the only monetary tool of monetary policy instruments millionday] note -- so not only is cbi responsible but the auctions and other tools to maintain the exchange rate or stabilize the inflation rate -- just enough i hope smile Papatom] millionday does this seem to you that Lagarde is talking about the adjustments in the world economy that will result as the RV takes place???? in a round about way??? [wmawhite] Papatom .........like China is going to do what anybody asks them to do..............I doubt it......... [millionday] i think it says a lot more -- let me see [millionday] And that can not study the stability of the value of the currency in isolation from the facts of economic reality and its components essential, and that the most important merits it is based on four pillars basic It is like building a box that is based on the four columns or pillars lever that must be integrated and harmony among them as a package in the movement to grow and evolution even contribute to these policies in the pace of consistency in the lift and raise the value of the currency (purchasing power)., and pointed out that any imbalance in that lead to an imbalance in the balance of the value of the currency and purchasing power, these columns are monetary policies, financial and development policy, in addition to the political skills of any stability political, social and security and management capabilities in the management of the country and employment policies, human and material wealth. [millionday] He could not study the stability of the currency value in isolation from economic realities and its basic, most important tenets are based on four fundamental pillars is more like building the box based on the four columns or pillars of the lever which must integrate and harmonise with each other as one package in movement growth and development to contribute to those policies in consistency in raising and value (purchasing power) to any imbalance that leads to an imbalance in currency value and power Purchasing power, these columns are monetary and fiscal policies and development policy, in addition to the political skills of any political and social stability, security and management capabilities in the management of the country and employment policies and material and human resources. [millionday] If we say that the reality of the Iraqi economy is a rentier economy one-sided in its core resources on oil export revenues, and that there is a structural imbalance prevailing among all sectors, there is no clear economic plan has under its wings and work towards their goals and ambitions, and there is a vague about the future of the economy, no one knows where we are going on our train, as well as a weakness in coordination and compatibility among them up often By contrast, the intersection in each direction and that goes towards loosely coupled is different. [millionday] Awad called the creation of a plan or policy development in the true sense aiming for comprehensive economic development, productive economic sectors (industry, agriculture) in full retreat and constitute only a proportion (2%) of GDP, with the deterioration of basic utilities for life (electricity, drinking water, sewage, municipal services and the environment) corresponding financial resources and annual budgets of large numbers exceeded total total around 500 billion dollars during the period (2003-2012) and more (70 percent) than custom For operational budgets and more than half the investment budgets of the provinces shall be returned to the Ministry of finance for the poor implementation of the projects, while the Iraqi citizen will not touch any positive improvement on the ground millionday] He noted that fiscal policy is in a Valley, it is also seems to operate according to economic theory that the increase in government consumption expenditure leads to increased demand for domestically produced goods and services, and thus the prosperity of local productive sectors, pointing out that this conceptual approach may apply to countries which reached a certain development and production bases and has a clearly defined economic, which in turn does not apply to the case of Iraq in the current situation characterized by weak production sectors and the deterioration of infrastructure and Iraq is an open market and fully open to the outside to import all its needs from the machines and heavy equipment to fruits and vegetables. [[millionday] that next to last paragraph looks like they are showing how it is going to be calculated [millionday] this report is great [Papatom] millionday this current report IS great.... i'ts almost a chronological report of what has happened and what's to happen.... how and why things got so bad.... [millionday] last part>>>>> He concluded by saying that the list goes on and expanding imports annually, according to the expansion and development of the needs and requirements of the Iraqi society, in 2004 the volume of imports from Iraq 8 billion dollars in 2007, up to 24 billion dollars, and then to jump those imports the year 2011 to nearly 48 billion dollars. And qualitatively, Iraq imports (only) of the tomato up to more than 100 million dollars a year despite the presence of more than 7 plants for the production of tomatoes covered domestic demand but it is disabled entirely, and petroleum products accounted for one-third of Iraq during the period imports akiam above. [millionday] this reads to me as the monetary and economic reform info - part of the plan is to raise the value of the dinar as we see millionday] and they seem to be telling us they are calculating it by how it will be after this process -- but this is iraq so we have to wait and see -- it is such a strange translation [Auntie] millionday So they are saying they are open to the outside market......just no recognizable currency? [millionday] let me look at another and see if it looks different in any areas [Papatom] millionday i noticed the first statement says they can't determine the stability of the currency with out looking at all these areas..... [millionday] yes its like they have not used the agriculture if i guessed let me look and i will brb [Papatom] and what do they really want for the currency....so the ISX can trade internationally?????? STABILITY OF VALUE [Papatom] yeah...only oil.... agriculture has been in RETREAT.... that's sad - poor implementation of the projects... (in the past....not going forward) [Papatom] the tomatoes are an example....7 production plants completely disabled...so it costs them 100 million dollars...just for tomatoes....!!!! [Papatom] hope i'm not talking to much.... the different sectors have not worked together....they've not harmonized...so Oil has sprung up as the one supporting industry and you need them all for the peoples sake....so they have to bring it all together as they raise the value of the dinar...currency....so they don't have to import everything. [Papatom] it's like the currency will be the lever that will harmonize all these areas together... to build Iraq into the place it SHOULD be.... with all the industries working together....not like it's become...the worlds customer of everything. [Papatom] and THAT will show the true value of the currency.... but that awad guy says now that there is an economic plan....it's going to change.... there's a TON above Millionday...that report is pretty complete! so much more every time i look.... . [millionday] The Director of the International Monetary Fund urged Christine Lagarde on better cooperation in global politics and economic reforms help in addressing the challenges identified in the advanced economies and the emerging. Lagarde said: after the outbreak of the financial crisis, there was a global collaboration «capacitor really» industry policy in the years 2008 and 2009, but after the crisis and the world economy began to recover, reduced frequency of urgent demands collaboration. Lagarde said at the symposium that there was a recommendation for specific economic reform for all IMF members the 188, adding that States should specify different steps for fiscal consolidation and reform priorities. the LaGarde to developed economies, including the euro area, continues to face "a potential threat and serious and must be structural reforms and banking unit" in a comprehensive manner in the cluster with a single currency [millionday] Papatom i agree [millionday] , the United States and Japan to install medium-term fiscal consolidation plans, including the reform programmes, for Provide a degree of security in the medium term, said Lagarde, Lagarde noted that emerging market economies grew slow lately, and that every economy to develop policies, countries like India must have more investment and structural reforms to address bottlenecks that curb their economic growth. LaGarde also said that the process of rebalancing economic "is clearly in China, noting that in the past two years, there was a political movement in China to adjust the economic growth engine of domestic investment to domestic consumption, but we need to see the continuation of this movement. [millionday] Lagarde said that "the banking sector in China should be kept under strict control by the authorities. Papatom] so lagard is supporting the maintenance of the EURO and tellin the U.S. and Japan to correct their Mid term or medium term consolidation plans... I bet she doesn't like Q E. Papatom] and china is the KEY to economic balance? guess she want's teh Yuan to come up in value Papatom] millionday does this seem to you that Lagarde is talking about the adjustments in the world economy that will result as the RV takes place???? in a round about way??? [wmawhite] Papatom .........like China is going to do what anybody asks them to do..............I doubt it......... [millionday] i think she is saying that all will be in the basket -- sdr but i have a weird way of looking at it -- i believe she is saying one reflection of the basket and then a result in all exchange rates that flucuates with basket -- but that is just a way i was looking at it not necessarily the plan [millionday] flux -- lol [Papatom] millionday it's like she's calling for a plan from everyone...even the BIG boys.....( or girls) [millionday] i know there are many that different views on what the changes are that are coming up due to the fiat currencies and how unstable the usd has been-- the thing is this -- if they are going to change the way they present the values -- it will be further down the road in my opinion [Papatom] millionday i agree with you. why would those in power over the central banks...just give up their power? not gonna happen.... [millionday] oh i am sure -- this is talked about all the time but have seen no changes in anyway that the world of trade or the currency market is [Papatom] millionday i think they will allow reform as long as it doesn't challenge their control.... and that will mean a continuation of fiat currencies.. [millionday] we have so many issues right now I don't know how we would change anything lol [Papatom] i agree completely millionday [millionday] anyway -- smile -- brb with more [millionday] then the remaining of those grades will be awarded to applicants for new graduates. mention that the prime minister ordered earlier install all contracts and daily wages on the permanent staffing has initiated several ministries and agencies implement this decision. in the meantime, he said, Associate Director Majeed Airways Amiri: The Transport Ministry has formed a specialized committee to accept the 200 Advanced for vacancies in the airline according to the conditions and legal controls. [millionday] Ameri said in a statement the "Center Brief for the Iraqi Media Network," that "it is one of the conditions for admission to be the forerunners of graduates Forums English." The Iraqi Council of Ministers authorized in the month of April, the Ministry of Transport contract on the purchase of civilian aircraft. Iraq is seeking to develop a fleet of air through his contract with the competent companies in the aircraft industry. [millionday] very interesting [millionday] i think most of you probably have seen this -- Washington decided to shut down their embassies in Baghdad and some Arab capitals other on Sunday as "a precautionary measure for the purposes of security and safety." Said a statement issued by the U.S. embassy in Baghdad, said that "the U.S. State Department instructed some U.S. embassies and consulates to remain closed or to suspend its work on Sunday next corresponding to August 4, "explaining that" the ministry has asked its employees and visitors and nationals Americans use caution when coming to their facilities, and stressed the need for attention to these steps precautionary. "and suggested the embassy, ​​in a statement, that" there is a day shut down extra and it depends on our analysis for the position, "saying in this regard:" accordingly will be closed the U.S. Embassy in Baghdad on Sunday, "calling Americans who need assistance to contact the phone numbers of the consulate at the embassy. [ROBINREDHED] al quaeda [millionday] i don't expect this to happen at all so we will wait i am sure it will be cancelled [ROBINREDHED] most arab embassies are closed fri sat from what I read earlier [Papatom] smoke?? [millionday] exactly -- let me say something about the news we have seen tonight [ROBINREDHED] okokokokokokokokokokok listenin [millionday] the balance in the country`s monetary supply to match the condition of the country has to be joined by the reality rate so lets wait and see if they move forward with the reforms -- this is iraq and you know how i feel about just words -- we need action [millionday] smile [sager] millionday may I share an article? [[millionday] Sager of course -- lets see it hun [sager] ok hold on [millionday] thank you [sager] Attempts to undermine the regional economy and the Reserve Bank: [sager] The Head Office of control of the money and the Iraqi Central Bank Governor Abdel Basset Turki said that regional States seek in one form or another to destroy the Iraqi economy through financial and banking war. [sager] He noted that Iraq today largely reassured after the reserve amounted to approximately $ 80 million of hard currency. [sager] Turki said that the Bank still did not reach the full 100 percent control over the validity of transactions of sale in auction, indicating that the Bank has a problem now and is in control, there is not enough control to continue [sager] selling dollars because the Bank only has 3 staff to monitor sales and documented 33 private banks and hundreds of millions of dollars in addition to a specialized Committee on accounts to audit only and there is no documentary proof, [sager] pointing out that he began work on the documentation now via three Windows validation document sales process including a third bank from which the transfer is to ensure that documentation in three places [sager] Turkish revealed that reserves of hard currency in Iraq now exceeds $ 80 billion, including 30 tons of gold and Bank's disposal is deposited in banks, including the International Monetary Fund Sager] and the bank guarantees at the global level, we monitor the level of dealings and while we feel that one dropped their dealings we transfer the deposit to the Bank safer so that we are [sager] assured that Iraq is capable of economic stability and that is what we seek. [sager] http://www.microsofttran ··· 983.html [sager] Now here are some thoughts form a member.. and I'd like your opinion on it: [sager] BMWMan: AWESOME POST!!!!!! I don't care what excuse they use, but deciding to stop selling Dollars (ie. de-Dollarize the country) is EXACTLY what we have been looking for from them! [sager] I see this as absolutely excellent news. They are not going to tell us they are going to stop selling Dollars because they are going to RV on X date at X time. IMO this is the first step in the actual RV process. [sager] They stop selling Dollars, then introduce the small denominations at banks while changing the rate. [sager] They will then start pulling in the Dollars to get to the IMF mandated single currency in-country by stating that the Dollar will no longer be valid in-country after x days. Only currency traders will take the Dollars after that time. [sager] They can't take long to do this either. A country needs currency flow to operate. And, the CBI site section on Dollar sales hasn't been updated since 7-31-2013 also. This looks good. This is all just my opinion and I hope we see more articles to back this up. [sager] end wmawhite] Papatom millionday .....why would Turki be advertising the CBI's weakest in monitoring the auctions??? [ROBINREDHED] comments? [Papatom] wmawhite the auctions were Shabibi's deal...right? or wrong? [wmawhite] Papatom .....correct [Papatom] wmawhite would it help to gain some credibility for TUrki if it showed to be a faulty process? [millionday] shabibi started the auctions to hold on to inflation and myblifeguard] millionday ..the dollar auctions are a form of "quantitative easing" in Iraq... [wmawhite] Papatom .....only if he stopped them...........otherwise he is saying we can't monitor so continue ripping us off. [millionday] then they were continued to control foreign currency - distribution and inflation ect --- it is now used as a tool for those that fall under new regulations -- its totally different then it was in the beginning wmawhite] Question.............is the CBI continuing the auctions or stopping them? [millionday] the audits were done today after auction for private banks according to reports and they have said that cbi has theirs done as well [Papatom] I was waiting for MD to finish.... I agree that Shabibi started them for inflation control....and morphed into stabilization of currency... [millionday] it appears that they are going to use them for banking under strict money laundering regulations Papatom] they are not operating in that capacity any longer..... and TUrki won't necessarily stop them...but change direction as the transition their currency --maybe? [tbob] I am confused again, who is in control IMF CBI or Gov [ROBINREDHED] cbi///imo [millionday] control of the exchange rate ? cbi [wmawhite] millionday ....but according to this article Turki is saying he is unable to monitor and control the auctions satisfactorily. [Papatom] tbob every central bank is independent...and subject to the REQUESTS of the individual govt. [tbob] thats what i thought but then they said gov was in control [ROBINREDHED] they? [millionday] who said that hun? [tbob] millionday control of RV timing millionday] i think this is the thing [tbob] Sorry it was said on Iraq tv according to a post I read that CBI said RV was in Gov hands now [millionday] in order for the currency rate being set and the goi budget and the contracts ect -- to be done successfully -- timing is very important and cant be ignored tbob] ah goi that's what I meant [wmawhite] tbob .....a little hint...........RV is a term we use......it is not found in the Arabic language. [millionday] however -- the control of the rate and the inflation and the policy is what cbi does [millionday] tbob smile [millionday] no the goi is not in control of the setting of the rate of the currency -- it is part of the control of cbi - so that is the news for the night -- hope to have the action of it done very fast - smile

Can't find this posted anywhere in the news on here. Big news though if true. Ki Card gives bonuses [100] thousand dinars for more than 300 thousand beneficiaries of the social welfare networkWednesday, July 31, 2013 23:14 [baghdad where] The company announced the global smart card to card to pay bonuses of 100 thousand dinars for the beneficiaries of the Social Welfare Department. According to a source in the company told all of Iraq [where] today that "the amount will be distributed to 345 983 beneficiaries and as of tonight. He added that "the possibility of beneficiaries from the day of receipt to card ports and all bank branches of the Rafidain Bank." The company is the global smart card from the mixed sector companies contribute to the partnership between the two largest government banks Rafidain and Rasheed with IEPS, which was founded in 2007. It seemed smart card system work in Iraq in late 2008, and then expanded regularly informs the circulation of more than 1500000 E-Card mid-year 2010, especially among customers of the beneficiaries of social protection network and retirees, journalists and some Iraqi ministries. Ended http://www.alliraqnews.com/index.php?option=com_content&view=article&id=92567:-100-300-&catid=48:2011-05-09-09-16-30&Itemid=77

Sorry if this was already posted....couldn't find it on here. Two Iraqi parliamentary committees monitoring fiscal policy in Iraq have held two contradictory positions on the Iraqi currency “reset” project, which would delete three zeros from the currency. There has been much debate about the project's feasibility and the date of its implementation. About This Article Summary : Various bodies within the Iraqi government are debating the implications of a move to “reset” the national currency by deleting three zeros from it. Original Title: Iraqi Division Over Currency “Reset” Author: Omar al-Shaher Posted on: July 22 2013 Translated by: Naria Tanoukhi Categories : Originals Iraq While the parliamentary Economic Committee believes that the deletion of three zeros from the Iraqi currency would strengthen it, the parliamentary Finance Committee fears that this project would open the door to counterfeit operations. In a statement to Al-Monitor, Mudher Mohammad Saleh, former deputy governor of the Central Bank of Iraq, warned against the consequences of such a step if it is not implemented at the appropriate time. Abdul Abbas Shayya, a member of the Economic Committee in the Iraqi parliament, told Al-Monitor, “Reforming the management of the Iraqi currency now requires the deletion of three zeros. This has been endorsed by the parliamentary Economy and Investment Committee." Shayya, an MP for the State of Law Coalition led by Prime Minister Nouri al-Maliki, added that the Economic Committee "asked the government and the Central Bank to quickly replace the current Iraqi currency with another that is less [in value] by three zeros." "The Iraqi currency is weak, and the money supply has amounted to multi-trillions because of the existence of these useless zeros," he said. "The country will witness a significant increase in oil revenues, financial earnings and high budgets. Thus, we need to print new banknotes, as estimated by the Central Bank." "Iraq would need about 9 billion banknotes in the event of applying the deletion of zeros. Iraq today is dealing with 4 billion banknotes," he said. MP Nahida Daini of Ayad Allawi's Iraqiya List agrees with Shayya, her colleague in the Economic Committee. In an interview with Al-Monitor, she stressed the need to implement the Iraqi currency “reset” project. However, she said that the government fears money laundering operations in the event of the project's implementation. She said, "The Economic Committee last week requested to implement the deletion of zeros from the currency, but the Council of Ministers asked to delay the process for fear of money laundering operations." Daini believes that the government's fears "are mere concerns." She said, "There are regulators in Iraq who can follow up and ensure the integrity of the project." Meanwhile, the parliamentary Finance Committee believes that channelling resources toward ensuring the stability of the local currency exchange rate is better than the deletion of zeros. Magda al-Tamimi, member of the parliamentary Finance Committee, told Al-Monitor, "The delay in deleting zeros from the currency was due to fears of possible fraud operations. The Finance Committee is currently focused on controlling the currency auction," which is carried out by the Central Bank to ​​provide merchants with hard currency necessary for import. Iraq’s fiscal policy has come under criticism due to the fluctuation of local currency exchange rates against global currencies. According to Tamimi, "Iraq is not ready to control the possible currency fraud that may result from the deletion of zeros." The Finance Committee, Tamimi added, "is now working toward controlling the Iraqi currency auction, which is witnessing a significant fluctuation in the exchange rate of the Iraqi dinar against the dollar." "Development is the gateway to strengthening the currency. Thus, raising the value of the dinar is more important than the deletion of zeros," she said. Saleh told Al-Monitor, "The deletion of three zeros from the currency means deleting three grades from the calculation records of the Republic of Iraq. The decision to implement the deletion of zeros next year is very dangerous and risky. This issue must be done at the appropriate time." Saleh added, "We need to reform the currency management and accounting systems in the country in general. This can only be initiated in a new fiscal year." "There are many encouraging positive factors to reform the currency management system," he said, also noting that the deletion of zeros "does not only involve changing the design of the currency. It implies changing the economic system in the country in general." Read more: http://www.al-monitor.com/pulse/originals/2013/07/iraq-currency-debate-reset-fiscal-policy.html#ixzz2ZoUAQofh

I don't follow the auctions closely but I did notice that the date for the auction on the CBI site states 14-15 July....is this normal or does it indicate that this is two days worth of auctions?

Unfortunately I don't have a clue what this part of the post means...wish I spoke translations

I don't believe the chat is old... Quote [millionday] brb to answer the question before it is asked -- here is the date of the report>>>> 01-07-2013 09:35 AM Not saying the article might not be old but the chat is from today

This is a long read...which posts by millionday usually are, but do have useful info sometimes. It refers to an article(no link) stating that there is to be another UN vote for Ch 7 on Friday. Wondering if this could be an old article and I know there are awesome new hounds...yota, k98, tbomb and more on this site that might remember or be able to find this article. Thanks 3:21 PM [millionday] so i dont know about the rest of you but i have had more calls asking me to find out why it is the same rate so i have a few things to tell you ok let me talk about a few things [millionday] first there was a very important vote today in the US of A and they voted on the Basel III banking laws to be put into place by all banking internationally -- it was voted through by all and is now in effect [millionday] as we know the iraqi banks have chosen to use Basel II and Basel III compliance in all banking and have chosen which will be compliant with which --- this was done about three weeks ago + a day or so [millionday] this was a very important move with the anchoring of their international banking and of course the islamic banking and banking from around the world being within Iraq and iraq moving to the outside of the country ... Read More Link On Right [millionday] now we have spent a little time with our hands in the air going nuts trying to figure out what is going on [millionday] we witnessed the most historical move in many years if not the century when the release of chapter 7 sanctions were lifted by all 15 hands in the air [millionday] so now we are wondering what is going on -- and why are all the other sites hearing its here and we are not saying that -- hmmm [millionday] well the reason i came in was to show you this report and we will look at it together and then i will discuss it with you [millionday] brb to answer the question before it is asked -- here is the date of the report>>>> 01-07-2013 09:35 AM [millionday] this may seem as though it is a repeat and not worth your time but you are wrong -- it is not a repeat so lets read it together [millionday] Iraq emerged from the provisions of Chapter VII, which were imposed after the invasion of Kuwait by the former regime in 1990, to return to the international community, after about 23 years of suffering and scourges, which paid for the Iraqi people. Members of the parliamentary Economic Committee on certificates (News Agency): happiness ' Edit funds Iraq protection United States ' rivers will act freely in his money. Member of the Economic Committee on the State of law Coalition MP Abdul Hussein Al-yassiri stressed that Iraq's money in the investment fund has an open account at the Central Bank, and the Bank in turn has an account in a US Bank stockholders such funds after the departure of Iraq from Chapter VII. [millionday] note -- the frozen accounts have thawed so to speak --- and [millionday] He said Al-yasiri told (News Agency): that Iraq will be able to use its assets for the benefit of the country and therefore out of Chapter VII the political aspects, since Iraq is now minus rule and under Chapter VII means that Iraq against world peace. He pointed out: the departure of Iraq from Chapter VII of great economic importance to Iraq and the country will be the case if the Governments in the world can act without American trust funds. Al-yasseri said the State of law coalition led by Prime Minister Nouri al-Maliki that Iraq will be free of money paid to those affected by its entry into Kuwait and even citizens (Jordanians, Syrians, Palestinians, walasraein) who were present in Kuwait during the former regime to Kuwait. [millionday] Iraq will be free of money paid to those affected by its entry into Kuwait and even citizens (Jordanians, Syrians, Palestinians, walasraein) who were present in Kuwait during the former regime to Kuwait. [millionday] note -- this means that iraq has not paid the citizens yet and the plan to pay in full is exactly that there is much more so please hold the floor brb [millionday] Al-yasseri referred to: that Iraq will act as an independent sovereign State and entity and can dispose of his assets frozen. Iraq had fulfilled its obligations to pay 41 billion dollars to Kuwait as reparations to the Iraq-Kuwait war, pay for the Iraqi people as a result of the policy of the former regime. He is a member of the Parliament's Economic Committee that winner Amer Iraq from Chapter VII would open doors for companies to invest in Iraq. He said the winner told (News Agency): based on the extension of the agreement between Iraq and the United States to continue the United States protect Iraqi funds would ease the dangerous vulnerability of Iraqi funds, especially because most proceedings against Iraq from American companies. [millionday] note -- so the protection is there but the control of course is shifted in its entirety even with the owed americans by the guarantee of the US of A [millionday] brb with the rest [millionday] He added: the Iraq out of Chapter VII would liberate Iraq funds and reassure companies to invest in Iraq than Iraq economically because it will contribute to the development of Iraq's economy. The Economist praised as beautiful as Iraq to seek his exit from Chapter VII, noting that Iraq will be able to contend with American items without American tutelage. In a statement, "said Jamil (News Agency): a rule of Iraq on all his money in development will return after he left the seventh item lines after a request from both Iraq and Kuwait, and hoped that the Security Council will vote Friday on Iraq out of Chapter VII. [millionday] a rule of Iraq on all his money in development will return after he left the seventh item lines after a request from both Iraq and Kuwait, and hoped that the Security Council will vote Friday on Iraq out of Chapter VII. [millionday] now to me this is a move of economic proportion --- meaning that there may be another meeting of all accounts as they have been prepared and also the move of their monitoring by budget ect under the provisions of chapter 6 [millionday] as we know the chapter 6 in a nut shell is monitoring or the right to have the UNSC as big daddy to tell on one country or the other for non-compliance to contracts [millionday] He added: that Iraq will be able to deal with international banks directly without the tutelage of Iraqi funds are protected and not exposed to any piracy and booking of the States permanent members of the Security Council, adding that Iraq would send a message to investors that they can invest in Iraq without funds to any bookings The Economist noted: one of us banks to open branches in Baghdad, Basra, Erbil, and this is the message ttaminet to financial institutions in the world that Iraq will be the master of his property and has the right to financial relations with all States without having to trust us. [millionday] note -- notice --"WILL BE" that is very important and as we know citibank is one of the banks and i am sure there would be more if they have any sense [millionday] now once again read this carefully [millionday] In the meantime, a member of the Economic Committee of the Kurdistan Alliance MP Ahmed Hassan Faizullah, that Iraq will be free of all restrictions imposed on it by the UN Security Council. He said Faizullah told (News Agency) to exit Iraq from Chapter VII will liberate him from all restrictions imposed by the UN Security Council and International Development Fund and Iraq will be the master of the Act. He added: When liberated Iraq from this item will open the door to investment companies as well as open financial relations with banks [rac47man] Millonday - You said that the seventh item lines was left after a request from both Iraq and Kuwiat, and hoped that the Security council will vote on Friday on Iraq out of Chapter VII. I thought Iraq was released from Chapter VII on June 27th???? So is Iraq out of Chapter VII or not? Just asking and I appreciate all that you do and the wonderful news you bring. [The s family] So there is still another vote for them on chapt 7 on Friday? They keep talking about a vote on Friday [millionday] so as we obviously see the meeting on friday is economic and could be and i repeat -- COULD BE--- the invisible issue that we have all not been noticing -- now i as you did see the vote of removal however -- the issue of having another vote for the compliance ect in economic reform --- hmmmm -- this obviously is what this report is saying -- now this is not set in concrete of course i will be doing some more research on it through my best resource and be able to verify this more tonight [millionday] rac47man they voted the articles that remained out 1 to 15 and zabari said at the end of the vote that chapter 7 was a thing of the past so i am thinking we may be looking at a more formal release maybe press ect and economic reform announcement -- due to the way this article is worded it makes sense [The s family] The article is talking as if they are not out [okiegirl71] Millionday, Thank you so much, you really put this perspective for me... [millionday] my husband found this and was reading a lot this morning and read this to me and it makes sense by where we are sitting -- could be the answer to the question [LBnFL] millionday do you have link to the imf agreement? [millionday] you know what i mean? when the vote took place it released all of the articles but wasnt as formal as we thought so friday may bring a much more formal and also signify economic reform but as i always say we shall see [cookie2] millionday Please tell your hubby thanks for the PI work ! lol [millionday] no i do not have the link i just copied the report -- it is on the imf site and the state -- all i have is a copy [hbladyfish] after the upcoming vote does that make their currency internationally trade able? [millionday] he sure does his part -- always rushing and being patient -- a real heart of gold i have here hun -- smile [rac47man] Millionday - Thanks for your response. Still a little confused because I thought Iraq did make a formal release on June 27th. I looked forward to Friday's vote to see if that will make this RV POP!!! [millionday] hbladyfish thats what we are all hoping [hbladyfish] thanks! [sager] Hi all. Millionday what makes the rate tradable? Is it IMF article 8? If so, are they out of article 14 and in 8? [lagunarob] millionday Hard to believe they will be voting on the day after the 4th. Would think every one would be off ?? [moneymom] Millionday,so maybe RV after Friday? [luckyinkentucky] Are we sure the UN will meet Friday? The verbiage indicates a recycled article [creativethinkersclub] millionday big keeper gal and we are so excited you have an amazing hubby hun smiles [booboo] the 4th is our holiday not theirs. [millionday] rac47man i saw the vote and it was all that was left on chapter 7 but if you remember right they released the numbered sanction articles and called them complete ect as kuwait has said they were satisfied but this must be the formal vote of their entire release --- i have to say [lagunarob] Thought the vote was coming from the UN [millionday] we have seen stranger things -- this is just my opinion by what i have researched so we shall see [The s family] the article made it seem as though they paid Kuwait in full?? [rucky] millionday...is there anything on the UN site that has this vote scheduled? [rac47man] Millionday - Thanks - We will wait and see [millionday] Sager it is tradable when they put it n the market - paired [werblessed] millionday maybe this is out of chapter 6 also [millionday] lagunarob they dont celebrate our independence hun millionday] luckyinkentucky i dont see it as a recycled article and i have read them all -- smile [lagunarob] millionday I know. I thought this vote was coming from the UN. Just confused [millionday] werblessed right -- they may have paid kuwait in full as well [millionday] lagunarob what? [werblessed] millionday that is the best case i can think of [sager] Millionday am I safe to assume they can put it in the market any day now? [werblessed] it also makes there currency worth more [The s family] Million it stated they fulfilled their obligation and paid them in full. I tried to copy it..but it keeps bumping me out [millionday] oh you mean that the US will have to be there and work --- only one -- and oh well -- we pay him well -- smile [The s family] Iraq had fulfilled its obligations to pay 41 billion dollars to Kuwait as reparations to the Iraq-Kuwait war, pay for the Iraqi people as a result of the policy of the former regime. [millionday] The s family right i saw that so this may be the release of chapter 6 as well -- but i believe that some of that will remain until artifacts are returned in full [millionday] Sager yes [creativethinkersclub] millionday love you gal lots!!!!!!!!!!! [werblessed] rac47man thanks so much [sager] Thank you my friend [millionday] yw all the time hun [millionday] love right back to ya [millionday] i will come back with anything else i get and if not will see you at newstime 730 est [millionday] whooop whoooop [gpleas] Millionday thanks again for all the news do you think this is why we haven't seen the RV because there not completely out of chapter 7 [millionday] and for those of you that wonder -- yes i will have my computer with me on vacation but dont tell my husband

This is a long read and I only copied half of it, but there are some encouraging articles that I don't see posted under the news. [millionday] With the start of the countdown to the withdrawal of Iraq from Chapter VII, confirmed the parliamentary committees over the benefit of Iraq to get rid of these sanctions, expressing optimism about this important step, which promised a victory would return Iraq to its flagship on the international scene in all fields. And recommended UN Secretary-General Ban Ki-moon in his report to the Security Council, remove Iraq from the provisions of Chapter VII after Ivaúh all its international obligations. is expected to vote on the Security Council to remove Iraq from Chapter VII on June 27 after the current Iraq's commitment to the implementation of all UN resolutions, according to sources Knowledgeable for "Center Brief for the Iraqi Media Network." These recommendations are an important achievement calculated International successful foreign policies of the government. These recommendations emphasize the UN that Iraq returned stronger than the events of 1990, which saw the occupation of the dictatorial regime of the State of Kuwait. [creativethinkersclub] whoooooooooooooooooooooooooooooooooooooooooooooooo oooooooooooooooop whoooooooooooooooooooooooooooooooooooooooooooooooo oooooooooop big ol smiles!! [millionday] lol there is more almost want to frame it [creativethinkersclub] millionday Aweeeeeeeeeeeeeeeeeeeeeeeeeeeesome!!!!!!!!!!!! [millionday] brb [millionday] huge >>> [millionday] Rapporteur of the Committee on the economy and investment parliamentary Mahma Khalil stressed that the exit of Iraq from Chapter VII of the UN Charter, it is poised to recover economic development in the region. Khelil said in an interview for "Center Brief for the Iraqi Media Network," that "all obstacles that face Iraq on economic issues and finance will be gone by the end of sanctions, "noting that" Iraq has all its legal obligations and financial obligations to the UN Security Council resolutions and exit from Chapter VII would enable it to regain its real economy in the region. "He expressed his deep regret for the role of passive played by some countries in an attempt to block Iraq out of Chapter VII, "adding that" Iraq is a strong return to the region, which derives its strength from its economy and its bounty, "pointing out that" Iraq will be free from all restrictions imposed on him after his release from Chapter VII. "between Khalil that" Iraq's foreign policy representative Ministry of Foreign Affairs has succeeded through the efforts made by the past years to reach the stage of removing Iraq from Chapter VII, [wmawhite] Iraq returned stronger than the events of 1990,...................WOW!!! [albosdo] "poised to recover economic development in the region" WOOHOO!! [millionday] huge >>> "all obstacles that face Iraq on economic issues and finance will be gone by the end of sanctions, [millionday] there is more ------------------------------------------ PART 2 [cookie2] millionday millionday millionday Love it!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! [millionday] love ya -- brb [gpleas] is the chicken or egg [wmawhite] millionday ...........the IQD will be accepted internationally. [Mrs. Beans and Rice] Climb Dinar........Climb!!!!!! [millionday] "adding that" Chapter VII still restricts Iraq in terms of financial and economic. "and pointed out that" Iraq would emerge from Chapter VII is to restore the prestige Iraqi state, after the right of the former regime damage the prestige of Iraq. "and fulfilled Iraq with its obligations to pay 41 billion dollars to Kuwait in compensation for war Iraq and Kuwait, where pay for the Iraqi people as a result of the policy of the former regime reckless. stresses UN Secretary-General in his report of 35 submitted to the Security Council and relating to Security Council resolution 1284 of 1999, he "commends all of Iraq and Kuwait for their efforts that led to the solution of the outstanding issues between the two countries to remove Iraq from Chapter VII." [millionday] whooop whooop !!! there is more smile brb [wmawhite] millionday .......the question is........when does the rate change.............just prior or after? [millionday] it looks like before but we will have to wait and see -- just saying this translation makes it sound as before but no guarantees [purecountry] "Iraq would emerge from Chapter VII is to restore the prestige Iraqi state" tells me it will be after [millionday] this tells me before >>>> huge >>> "all obstacles that face Iraq on economic issues and finance will be gone by the end of sanctions, so we shall see smile [millionday] For its part, promised to the Committee on Foreign Relations parliamentary near Iraq would emerge from Chapter provisions of Chapter VII victory for the Iraqi state at the level of foreign policy. Said Rapporteur of the Committee on Foreign Relations, Adela Hammoud's "Center Brief for the Iraqi Media Network," "The exit from the provisions of Chapter VII and substances applied against Iraq, which is considered a victory for the Iraqi state at the level of foreign policy. "She Hammoud that" there are multiple files stuck belonging to the Kuwaiti side is property, and remains missing, and compensation in addition to the land and sea borders, and these files in a way to resolve and Iraq on the way out of the provisions of Chapter VII [gpleas] gosh Millionday we can only handle so much excitement you ROCK [millionday] smile [LBnFL] Day(s) before or day(s) after... Still only DAYS! [millionday] iraqi victory >>> [millionday] "and managed to Iraq through the efforts of long made at different levels to reach the end of the approaching out of Chapter VII imposed on it since the nineties of the last century, where pay under the sanctions imposed on it 5 percent of the total oil revenues to Kuwait as compensation established by the United Nations under this chapter. [creativethinkersclub] Bring on the Blessings for all!!!!! [ROBINREDHED] im ready, i swear [millionday] smile me too brb with the rest this is a message to the international community [wmawhite] millionday ..........just spoke with PapaTom.......the both of us concur with you............lol [millionday] now let me say this is the meeting of parliament [ROBINREDHED] listening [millionday] Moreover, she saw the list are united, led by Parliament Speaker Osama Najafi said near Iraq would emerge from Chapter provisions of Chapter VII, Guide to change the look of the international community's foreign policy in Iraq. Said spokesman of the list, Dhafer al-Ani, for "Center Brief for the Iraqi Media Network," The "Iraq emerges from the provisions of Chapter VII is calculates the Iraqi state and the Iraqi negotiator, a message to the international community that the foreign policy of Iraq progressed." He Ani that "the main reason behind entering Iraq under Chapter VII is considered as a threat to international peace and security and [millionday] as Iraq continues it causes after 2003, so it would have been better for lifting Chapter Since that time, this benefit may be too late. "He continued that" the international community to stand with Iraq to bypass international issues outstanding and took the role in the global system to the attributes of the potential human and economic losses. " [millionday] in other words they are expecting to make a huge change in the global condition there is more brb whooop whooop [ROBINREDHED] wahooooo [millionday] In turn, expressed the Committee on Energy parliamentary optimism about promoting investment in the oil sector after the withdrawal of Iraq from Chapter VII. Deputy Chairman of the Committee Ali Fayad's "Center Brief for the Iraqi Media Network," "The withdrawal of Iraq from Chapter VII will boost investment in the oil sector significantly and will contribute in attracting international companies to work in Iraq for the development of oil production in the coming years. "and explained that" Iraq must strengthen external relations with neighboring countries and sends a message of reassurance to international companies in all fields, especially in the oil sector. " [millionday] last part and oh what a whopper !! [millionday] For his part, MP for the Kurdistan Alliance, Hassan Jihad said the foreign policy pursued by the government reinstated Iraq's status as an important sovereign integrated especially with the imminent withdrawal of Iraq from Chapter VII. ‘ Said Hassan Jihad for "Center Brief for the Iraqi Media Network," that "the foreign policy pursued by the government represented by the Ministry of Foreign policy was rightly able to remove Iraq from Chapter VII. "and the price of jihad efforts of the government and the Ministry of Foreign Affairs in the adoption of the diplomatic successful which brought a consensus Iraqi Kuwaiti to end Iraq's obligations with the international community," noting that "all political constraints and economic and financial lift Iraq بخروجه of Chapter VII, and thus return Iraq fully sovereign state his trust is absolutely no restrictions. " [millionday] whoooo hoooooo !!!!!! loving this great time for a huge whoop whoop whooop whooop [albosdo] Whoop whoop!!! [Mrs. Beans and Rice] Whoooooooooooooooooooooooooooooooooooooo oooooooooooooooooooooooooooooooooooooop [wmawhite] super!!!! [rollonjohn] Whooooooooop!!Whoooooooooooooooooooooooooooooooooo oooooooooooooooooooooooooooooooooop!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! [millionday] so they are expecting to jump in a hurry on the economic roller coaster we call life and larger then it was in the 90`s -- so i can live with that [millionday] smile [greathunter] Major whoooopwhoop! [gpleas] Hurrayyyyyyyyyyyyyyyyyyy [creativethinkersclub] millionday can we blow you kisses??? [ROBINREDHED] smooooooch [millionday] muuuuaaaahhhh!!! Smile let me check for what else there is brb last one of the night and its great [millionday] here we go [millionday] Sent by Prime Minister Nuri al-Maliki a letter to President Jalal Talabani, during which he expressed his joy positive developments for the president's health because of their importance in his return to assume responsibilities that will complete the process of rebuilding Iraq. Maliki said in his letter, which received "morning," a copy of which: rejoice each news we receive from the team medical improvement your health and increase prayers you a speedy recovery, health and safety, to return Mr. President safely to your family and your country of Iraq and to your responsibilities and your role in the construction of this state on the ruins of dictatorship sectarianism and terrorism and the Baath. " [millionday] He continued: "I've left for yourself fingerprints good on the political process and love in the hearts of Iraqis as they pray for you health, safety and prompt return to move together in the way of completing the process of construction and reconstruction and the power of the state and prevented the delight in which all Iraqis and melt them all barriers and legacies bad that made the Baath and later Taúfen and new terrorists. " Moreover, Prime Minister in his official office yesterday (Thursday) Representative of the Secretary-General of the United Nations in Iraq, Martin Kobler mark the end of his mission in Iraq, and assuming the task of the largest mission in the UN peacekeeping force in the world. [millionday] And the price of the Prime Minister the efforts made by Kubler through his work in Iraq, and wished him success in his new mission, calling for more cooperation and coordination between the UN Mission and the Iraqi government. Maliki said: "After the end of the outstanding issues with Kuwait, we call on the international mission to focus their attention on solving the problem of the PMOI and get them out of Iraq as soon as the application of the agreement signed with the United Nations in this regard." [millionday] love ya -- and love this whoooop whoop this news rocks so glad to bring it -- so what do you all think?

No problem Blue. They take holidays on a moments notice...

I couldn't find anything about there not being auctions today, but did find this about tomorrow, so there may not be anything tomorrow either.... Baghdad (IraqiNews.com) The Secretariat General of the Council of Ministers decided to suspend the official hours on tomorrow Wednesday in Baghdad. A statement by the SG cited on Tuesday “The the Cabinet’s SG decided to suspend the official hours at all the government departments in Baghdad on next Wednesday on occasion of commemorating martyrdom of Imam Musa al-Kadhim (peace be upon him).” Read more: http://www.iraqinews.com/features/urgent-official-hours-suspended-on-next-wednesday-in-baghdad/#ixzz2VFR7oFfK

Thanks Tbomb for responding to my question regarding the seventh month. Now the question is...was the article referring to the seventh month, July or may?

Thanks for the reply Zig....I hadn't heard that either. On this site on the original thread regarding the seventh month smart cards, someone had stated the seventh month on the Islamic calendar begins on May 11th.

I believe the July predictions are stemming from the Article regarding the qui cards becoming active in the 7th month....I thought I had heard somewhere though that their 7th month actually begins in May. Can anyone confirm?

Hello all, I am new to DV but have been enjoying posts and articles for some time. I do not usually post on any of the forums but when I saw this I thought I should let you all know before anyone gets too excited that this has been on this site for quite some time.... 1-18-13 Winalot: OMG!!!!! i think i just found something!!!! Iraqi dinar exchange rate for the day Dollar: 0.9 Euro: 0.6 Pounds: 0.5 LBP: 1292.3 KD: 0.2 SR: 3.2 AED: 3.2 JD: 0.6 . yesterday, same paper - 1166. That looks like an RV to me!!!!!! That would be the in country rate. They will get their bump from purchase POWER. They will not see $3 on country. I don't know why it displays it like this but like I said it has for a while now.