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Showing results for tags 'stability.'.
Found 8 results
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Here's some articles of Dinarian interests... The Private Sector Is The Only Path To Economic Stability. The Private Sector Is The Only Path To Economic Stability. Wealthy Iraqis are refusing to pay back their loans. Treat as rumors. Not verified. Your opine. From Other Sources: Politician: The Private Sector Is The Only Path To Economic Stability. ARTICLE: Political affairs expert, Osama Al-Saeedi, confirmed that Iraq's exit from American hegemony over its economy will take a long time. Al-Saeedi said, in a televised interview followed by Mawazine News, that “PM Muhammad Shiaa Al-Sudani traveled to Washington in order to correct the economic & development relationship with the United States of America in order to advance the Iraqi reality.” He added, "Muhammad Shiaa Al-Sudani is acting realistically with the United States of America regarding the security file, because America has previously stated that its forces will not withdraw from Iraqi territory unless guarantees are provided by the Iraqi side." He pointed out that "the occupation of Kuwait carried out by the fallen regime of Saddam Hussein brought Iraqi funds into the American Federal Reserve, pointing out that the issue of Iraq's exit from American control over its economy requires a long time that may take 5 years." From Other Sources: Parliamentary Finance: The Private Sector Is The Only Path To Economic Stability. ARTICLE: The Parliamentary Finance Committee announced, on Tuesday, its intention to host the Governor of the Central Bank, Ali Al-Alaq, to discuss three main files, while indicating that the private sector is the only path to economic stability. The head of the committee, Atwan Al-Atwani, said in a statement reported by the official news agency, and seen by Al-Iqtisad News, that “the PM directed support for private banks,” indicating that “the committee intends to host the Governor of the CBI regarding this directive, as well as the issue of the Dollar exchange rate & discussing what Adopted by the Finance Committee of the Sustainable Development Project. He explained, "The committee adopted enhancing non-oil revenues, as there is an urgent need for development projects & increasing revenues, given that the price & quantity of oil are fixed, so there is no expansion in spending," noting that "this experience will be discussed with the Governor of the CBI." From Other Sources: Influential People Are Manipulating The Reputation Of The Banking Sector, Refusal To Pay Debts Threatens The First Bank In Iraq. ARTICLE: On March 15, the banking sector in Iraq received a major blow caused by cooperation & collusion with influential people, which led to significant damage to one of the most important banks & ranked first among the rest of the Iraqi banks, which is the Trade Bank of Iraq (TBI). The Iraqi Trade Bank is the first Iraqi bank ever to be included in Fitch’s credit rating, which relates to the extent of the bank’s safety in borrowing and lending. The bank obtained the rating in 2018 as the first Iraqi bank to obtain this rating & its rating at that time was within the B range, which enjoys stable safety. After this achievement, borrowers from the Iraqi Trade Bank failed to repay the borrowing money they owed, which caused the Iraqi Trade Bank’s rating to be reduced by Fitch Credit Rating Agency from B- to CCC+, bringing the bank’s rating down for the first time to this level, after many people declined. Powerful borrowers are able to repay funds to the Trade Bank of Iraq. The debts owed by these influential borrowers to the bank amounted to one billion Dollars & while the current administration of the Iraqi Trade Bank moved to file lawsuits & seize the movable and immovable funds of the debtors who are reluctant to pay & they are influential figures & these influential people began to take ways to “circumvent” the law, to refrain from... Payment, which threatens to lose the bank’s money, which it cannot recover.
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Here's an article from Dinarland... CBI issues directives to stabilize the ER. Treat as a rumor. Not verified. Your opine. Tlm724 via BLC: The CBI Governor Issues 5 New Directives To Stabilize The Exchange Rate. ARTICLE: The Governor of the CBI, Ali Mohsen Al-Alaq, issued 5 new directives to stabilize the exchange rate & the bank stated in a statement, which a news agency received a copy of, that “the governor of the CBI, Ali Mohsen Ismail, received yesterday, Thursday, a number of leaders of the security services & owners of exchange companies & brokers in the sale & purchase of foreign currency. He discussed ways of coordination & procedures between the central bank and the agencies.” concerned & defining roles & tasks in light of the directives of the Commander-in-Chief of the Armed Forces.
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Here's an article from Dinarland... CBI stabilizes the exchange rate. Treat as a rumor. Not verified. Your opine. Bondlady's Corner via TLM724: For the third day in a row the Dollar is stabilized at 1,530. CBI sells more that $134 million Dollars with the participation of twenty banks.
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Luigi found this article of Dinarian interests... The RV-RI could be up to two years away. Pimpy & Kaperoni are both on the same page. Treat as a rumor. Not verified. Your opine. Pimpy: Two years to stabilize Iraq's economy. I'm saying two years minimum & that's just because the government has to be formed & stabilized. The project to create the private sector has to be started & it's going to take a couple of years for that to even be established. That's the best case scenario. Two years.
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Luigi found this article of Dinarian interests... It Looks Like Iraq has the stability to move forward. Iraq Courts Allow GOI To Move Forward. CBI also needs the stability to move forward. Treat as a rumor. Not varafied. Your opine. BondLady's Corner: Al-Sadr: We Are Moving Forward With Forming A National Majority Government. Today, Tuesday, the leader of the Sadrist movement, Muqtada al-Sadr, praised the integrity and independence of the Iraqi judiciary. Al-Sadr said in a tweet on Twitter, “Once again, the Iraqi judiciary proves its integrity & independence and does not succumb to political pressures.” He stressed, “We are proceeding with the formation of a national majority government, and our door is still open to those we still have good faith in,” noting that “everyone will remain our brothers, even if they adopt the opposition or boycott as long as they strive for reform and the prestige of Iraq is working.” Al-Sadr continued, “nothing to subordination, no to violence, no to breaking the law, and peace be upon the people of peace.” LINK The Government Agrees To Start Building A Security Fence On The Border With Syria
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Luigi found this article of Dinarian interests... CBI states it now has political & economic stability to RV. Treat as rumors. Not varafied. Your opine. 6-24-2020 Newshound Guru Pimpy ...In the foreign expo for Iraq, ALLAK GAVE A SPEECH...basically what he was saying was before we can go international (he was talking about the dinar) we have to make sure we have reform that makes everything stable internally. The ECONOMY needed to be stable. The BANKING needed to be stable. Pricing needed to be stable. Low and behold today guess what happens... Article: "The Central Bank of Iraq announces the SUCCESS of its efforts to REFORM the economic environment and achieve stability in prices". This is why so many people feel like the dinar is going to happen this year - 2020...these things are exciting...this is great news...so if the stability locally is done, what does that mean for us internationally? It's looking good guys - really good. I have faith this thing is going to happen really soon...
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Luigi found these articles of Dinarian interests... Luigi disagrees with Frank26 & Militiaman...here's why. CBI stated, it will not approve of Monetary Reform until there is a stable GOI. If elections are called over a No Confidence in GOI, there could be further CBI delays. In past, it takes about 2 years after elections to get a GOI Cabinet together. RV/RI could be years away if special elections were called, today. The truth...there will never be total stability in Iraq. Just one, Dinarian's (Luigi's) opine. Treat as rumors. Not varafied. Your opine. 10-27-2019 Intel Guru Frank26 ...THE GOI AND CBI ARE TWO COMPLETELY DIFFERENT ENTITIES ...THE GOI HAS AN AGENDA SELFISHLY FOR THEMSELVES. AS THE CBI ALSO HAS ITS OWN AGENDA! NEITHER ONE STOPS THEIR GOALS DUE TO THE OTHER. IMO ALAQ AND THE CBI'S RI IS MARCHING... EVEN AS THE CITZ MARCH AGAINST THE GOI. AND IMO ...THE GOI CONTINUES TO STEAL THE CITZ'S MONEY AS THE CBI CONTINUES TO TRY TO BRING BACK THE CITZ'S THEIR MONEY... 10-28-2019 Newshound Guru MilitiaMan I...see the demands of the people are well orchestrated, not as openly obvious as most would like. However, the next move is from the more affluent citizens. The professional level calling for to demonstrate tomorrow adds to the pressure to get the RI completed...They IMO know the RI will bring forth peace, prosperity and security. They know an international value related Dinar of a fully compliant Article 8 currency will bring all of those things... 10-28-2019 Newshound Guru MilitiaMan Even if an interim GOI is installed or not this gets done...I am somewhat surprised Mahdi hasn’t seen by now that since they haven’t yet RI’d just yet, he is ineffective and will be going forward without it. They don’t RI he will be the loser, he resigns he will be a loser. The only way out imo could be, is for him to make sure there is an RI and quite quickly too. So, let’s see what the week brings. An emergency or extraordinary meeting is said to be slated for tomorrow [Monday]...
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this latest just in... Stability returns to Iraq. All political parties agree to move forward. We now have stability...let's RV. 8-5-2018 Newshound Guru chattels Article: "Five parties agree on the formation of the largest bloc and these are the ministries distributed among them" There are and will be many news articles talking about political alliances and it is difficult to determine which has merit, but I read the foregoing article with some interest. Interesting because it saves face for all the main players and is consistent with prior Iraqi politics where the main vote getter is excluded from the office of the PM. Even though Sadr is not a candidate himself for the post of PM. Sadr is a problem for all and may be more comfortable in opposition anyway. What is most interesting is that such an alliance excludes none of the several candidates for PM, to wit, Ameri, Abadi, or Maliki etc. Who would the PM be in such an alliance? Stay tuned. This is going to be very interesting.
