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Found 4 results

  1. CNN. Broadcasting From A ‘Go Fund Me’ Site In Parliament ! Iraq is looking with the {IMF} to stop paying its debts Thursday, April 16, 2020 Baghdad / Shaima Rashid The government is moving to stop the collection of foreign debts incurred by Iraq in light of the country's declining revenues due to the drop in oil prices, as it is conducting continuous consultations with the International Monetary Fund in this regard. Foreign Ministry, praising the "attitudes of the IMF in extinguishing Iraq 's debts at the Paris Club in 2004" Saleh said to "Al-Sabah" that "Iraq, due to the Corona virus and the drop in oil prices, entered into what is called force majeure, something that afflicted the countries of the world as a whole. Therefore, Iraq seeks to stop the payment of its debts, especially as it is one of the founders of the International Monetary Fund and the World Bank in the 1940s. Strong relations with those important institutions. ” He added that“ the fund will have a positive role towards Iraq by delaying debts or simplifying procedures, which is possible, but it needs high diplomacy. ” For his part, the spokesperson for the Government Information and Communication Office at the General Secretariat of the Council of Ministers stated , Alaa Globe Al-Fahad, "Having a key Between the government and the International Monetary Fund to stop completing the bureau due to Iraq and awaiting a response, "stating that" there is no response at the present time, and there are no claims for payment. " Al-Fahd told Al-Sabah that" The government and every year when it has a deficit that the World Bank has to lend to lend in order to finance the budget, and this year there are many things that will be taken into consideration, as the United States has proposed stopping debt repayment at this stage which is a good thing, especially since Iraq’s debts must be paid The IMF this year is estimated at more than 10 billion dollars, and in the event there is an agreement, this will benefit Iraq with the economic and political situation it is living in at this stage. " She pointed out that" the Iraqi economy is unstable, because it depends on oil by 95 percent and the remaining 5 cannot be collected. Now, for lack of tax and Fees and others, noting that the move does not include the international monetary only, but to stop deducting the debts of Kuwait and the dues of the Arab League, knowing that the total debt of Iraq is estimated at approximately 139 billion dollars. The International Monetary Fund has expected that the Iraqi economy will shrink to a negative rate of 4, In the World Economic Outlook, the International Monetary Fund said: The damage will be much greater than the recent financial crisis in the region in 2008-2009, as economic growth in Lebanon, which defaulted on its debt, is contracted by 12 percent, while Iraq is heading , The second largest producer in OPEC, to a negative rate of 4.7 percent. LINK
  2. CNN. Broadcasting While LGD Breaks Out A Can Of 'Whoop A$$' To Get Things Back On Track ! Maliki pays chieftains in Anbar to get their support, says Alwani Anbar (AIN) –A leader within Mutahidon Coalition revealed that the government paid 20.000 billion IQD for chieftains in Anbar to get their support. He stated to AIN “We hoped the Premier, Nouri al-Maliki, to launch an initiative to settle the crisis of Anbar but instead, he paid a number of chieftains in the province.” “Maliki should cooperate with Anbar MPs and Ministers instead of the chieftains,” he mentioned. “The initiative of the head of the Supreme Iraqi Islamic Council, Ammar al-Hakim, over Anbar will solve the crisis in the province and the government should consider it,” he concluded. /End/ LINK
  3. CNN. Broadcasting From The World Famous 'Umbrella Room' - A Hot Dog Cart Across The Street From A Wells Fargo ! Recaps has been getting 25 or more emails daily requesting the 800# to the Private Group exchange or "Group" information. We would like to be clear one more time... WE DO NOT HAVE ANY 800# YET! The Instructions and 800# for the Wells Fargo Free Private Exchange will not be released until the RV actually happens. These WF Instructions will only be released at the time of the RV/CE and not given out to anyone before at all. Anywhere!!! Dinar Recaps Post-RV information will be the same as some other "Groups". Recaps posts what others are saying and posting. Dinar Recaps will be Emailing to all our subscribers the Currency Exchange information (and 800#) within a few minutes of it being released AFTER A RV, After Okie’s Graduation Post and after these instructions are released to us. (We believe this all will happen very quickly or simultaneously of each other.) We also will be posting in our Blog, and at the top of our Blog and Front page a Auto Responder email address to get the same information. You just need to send a email to the NEW email we will post, and you will get a email within minutes with the information needed AFTER A RV for this bank package. To our Twitter followers, we WILL tweet out at any time, day or night important exchanging information. If you currently get our daily emails, ANY and ALL Currency Exchange Information and the 800# and post RV info will be sent to you. You need do nothing else… Please refrain from requesting further information from us at this time. As we receive more information from other people we will post for all. Thank You ~ Dinar Recaps
  4. CNN. Broadcasting While Trying To Get The Knot Out Of The Velcro Laces On My Clown Shoes ! Stryker Blog Update 07/07/20130 Since we are seeing so many delete zero articles I thought it fitting to blog about them and try to give clarity to the zero controversy. We have only seen a handful of these articles in the last 5 months or so and now in the last few days they are coming out of the woodwork. In Iraq, like here, we see controversy over what they mean. Are they going to do what Turkey, Lebanon, Russia and other countries have done in the past and just re-denominate their currency by making the 25,000 dinar note become 25 dinars without giving it any more purchasing power? ‘ Or is their intention to raise the purchasing power by giving the dinar a new exchange rate rather then just deleting the zeros? ... First of all none of these other countries had the perfect conditions that Iraq has, 23 years of UN sanctions that have just been lifted, 5th largest Oil Reserves in the world and some studies have it closer to the second largest. 11th largest natural gas reserves and this could be much higher as well. ‘ Iraq has huge rock sulfur reserves, estimated to be among the largest in the world and is exploited at Mishraq, near Mosul. Their phosphate production that started in 1980 is used in a large fertilizer plant at Al-Qāʾim. Others included salt, steel, construction materials including stone and gypsum from which cement is produced and all are plentiful. Untapped Gold, producing copper minds and many other mining resources give Iraq the potential of being one of the wealthiest countries in the world and even the White House said earlier this year that Iraq will be the fastest growing economy in the world in 2013. We are seeing this right now with over 164 companies registered already this year bringing in billions in capital. Now does Iraq want to do what all these other countries have done and reduce their banknotes by three zeros just to ease currency transactions in the market place or do they want to spend the $175 million dollars that it takes to do this and give their currency more purchasing power at the same time? Well, let us take a look at a few quotes from a few of these articles to answer this question: Quote: there shall be the exchange rate of the dinar against the dollar (1300) or (1200) Iraqi dinar, that this price is when the balance was $ 10 billion, and today the balance of sovereign Iraq (76). Quote: Central Bank required that there be a new price against the dollar Quote: there must be a real rate of the Iraqi dinar Article: Member of the Committee: on the Central Bank to determine the price of new Iraqi dinars before the old Laar Here are a few more from another article: Quote: to be of the Iraqi dinar purchasing power big match dollar Quote: the value of the Iraqi dinar toward climb to more power because we passed the bottleneck Quote: steps to strengthen the Iraqi dinar by turning the Iraqi market to a promising market Article: Abdul Salam al-Maliki: the government will take urgent steps towards strengthening the Iraqi dinar LINK and another LINK http://www.almasalah.com/ar/news/13795/%D8%B9%D8%A8%D8%AF-%D8%A7%D9%84%D8%B3%D9%84%D8%A7%D9%85-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%83%D9%8A-%D8%A7%D9%84%D8%AD%D9%83%D9%88%D9%85%D8%A9-%D8%B3%D8%AA%D8%AA%D8%AE%D8%B0-%D8%AE%D8%B7 http://www.microsofttranslator.com/bv.aspx?from=ar&to=en&a=http%3A%2F%2Fwww.burathanews.com%2Fnews_article_201940.html When the Iraqi Dinar value was last internationally recognized it was valued at $3.22 dollars per 1 dinar in the late 80’s, their oil production was 1.5 million barrels per day and now it is over 3 million. They only had $30 billion in CBI reserves and now it is $80 billion and more by the end of this month according to articles. Their population was not much less, so the only real difference between then and now is that their currency in circulation was 25 billion dinars compared to 30 trillion but this amount is controversial in itself due to the CBI not reporting an update in almost a year now and since 2011 they have been saying that they want to reduce that to 25 billion in the local market. Dr. Shabibi said in a public announcement dated July 22, 2011 that starting July 1, 2011 they were going to start removing the zeros, was he talking about from in circulation or was he saying that they were deleting the zeros? Well, we know that it wasn't the zeros so I say it was from in circulation. There have been many articles that state that the dinar is very worn out and that there is very low liquidity of dinar in the local market so I’ll leave that answer up to you. We have also read that the CBI has wanted to reduce the amount in circulation to 25 billion from over 30 trillion so if they have been reducing it in country to this I say that it only makes since that these economist are now saying the time is right. Folks, I am using my educated guess and saying that Iraq has the most undervalued currency in the world and that they and we want the CBI to show us the real value and I believe they are close to do this. Our percentages of a windfall have just improved by Chapter VII release and with each day getting closer to Iraq emerging back into International Status. A few more supporting links: https://en.wikipedia.org/wiki/Oil_reserves http://en.wikipedia.org/wiki/List_of_countries_by_natural_gas_proven_reserves Happy Sunday, July 07, 2013 Stryker
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