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Found 21 results

  1. For years I was one of the people that beleive it would happen. I worked with departments defense and Department of state and was a sign over in Iraqi from 2005 to 2013. I have seen many changes that were not great but got better and then became worst. Over the years my 2 partners and I have brought over $400,000 American dollars of Iraqi currency. If it was not for one of my partners the two of us probably would have pulled out. The controlibg powers have the money and do not want to share the wealth. I see it with the government and also when I'm working with there military that they hate to share knowledge and wealth. Trust me the wealthy ones there are doing business with American dollar. And they really don't need a RV because they can get access to all the different currencies in the world. I Don't want to stay in but because I have invested too much. And yes out of three partners two of us all worried. Only thing about when we bought the Iraqi dinar we were able to get our interpreters to go into Iraqi banks and get the money for us. Working there so long I do not see the country breaking up but I do see degreed that has formed in a country that has the richest grade of oil in the world. If they cannot pass simple information back-and-forth why would they share the wealth of a country. Remember this is a culture that is much older than the US. One day I sat across from one of the upper ranking generals before Saddam Hussein was executed. I asked him one question. If we released Saddam Hussein how long would it take to get this country back in order. He stated three days. The first day he stated he will call his cabinet people. The second day heads would roll. Third day peace and tranquility in their terms. This has been there way for over 5000 years. At one time I believe that it could change now I do not. But ladies and gentlemen I have gone too far and too much money that I have put out that I must stand strong with you. But I pray that my gut feeling is wrong.
  2. I really thought (should be read here as "hoped") that we would see $3.22 by March (3) 22, 2016 [which is today, by the way]. Alas, we do not see this rate on this date. Maybe we'll see it someday soon. Haha. Soon... So yeah, with that being said. Who wants to go over to Iraq and tell those lazy camel-hoarders to step up their game and get on with revaluing the IQD to its rightful exchange rate against the US dollar so we can all get our early retirements? All in, say "aye"! TQ out.
  3. The government is taking measures to raise the value of the dinar .. and manipulators Abadi vows at a price of dollar BAGHDAD / long-Presse He attributed the economists, the reasons for rising dollar exchange rate against the dinar to the floundering economic policy and the neglect of the productive sectors in the country, while the parliamentary Finance confirmed that the authorities concerned have taken action to raise the value of the dinar package, Prime Minister Haider al-Abadi manipulators vowed dollar terms, and pointed to the existence of a conspiracy carried out by corrupters to influence the current situation. Ebadi said in a press conference held at Baghdad airport before his departure to Tehran and I followed the "long", that "the Iraqi currency backed strongly, the central bank has large reserves that cover the Iraqi currency and a half times," noting that he "does not exist to fear for the Iraqi dinar." He added Abadi, that "the government will strike with an iron fist manipulators at a price of dollar", adding that "there is manipulation and conspiracy occurred during the past few days by some who are hostile to Iraq and finance spoilers and trying to influence the current situation." He stressed Abadi, that "Iraq locked in two wars First, with Daash and second against corruption and manipulators Bakot people ", calling on citizens to" be assured because the dinar Mahfouz and propped has a great economic power. " He added that "Iraq has the capacity thing many of them the grace of oil and the grace of Iraqi capabilities are able to protect our wealth and our criticism." For his part, Vice-President of the Federation of Iraqi businessmen on behalf of Anton said, in an interview to the (long-Presse), "The rise in the dollar exchange rate was caused by the fact that the amount raised by the central bank it is less than the market needs," adding that "the other factor is the proximity of Ramadan Solutions and increasing imports has led to high demand for the dollar, as well as the start of private banks to deal with the depositors have in that currency. " said Anton, that those "banks Dollar calculated to its customers 1200 dinars, while the price in the market is 1420, making some speculators and traders currency and banking offices monopoly on the dollar, "noting that" Iraq neglected the productive sector, agriculture, industry and tourism, with a gap import nearly 75 billion dollars, which led to the depletion of large quantities of that currency. " For his part, economist said Hussein al-Asadi, said in an interview to the (long-Presse), "The decline of the dinar against the dollar, caused by two reasons. The first is strategic for Iraq's lack of economic policy are clear, and his fluctuating attitudes in this area in 2003 since until now," returned to "chaos and economic affected the financial policy of the country as well as monetary policy conducted by the central bank about good when the fall of the former regime, but instead of being the party responsible and in control of the monetary policy of the country and follow-up, turned into an auction to sell the dollar only. " Asadi felt that the "Select parliament Bank Central to sell $ 75 million ceiling higher per day, represents a logical procedure due to lower world oil prices, especially that Iraq relies on oil for almost basis, "adding," But that amount is not enough to meet the needs of Iraq because it imports everything. " He said al-Asadi, that "Iraq Golden stage did not invest when rising oil prices, because of corruption, whether financial administrative or played a major role in it, as well as the existence of mafias, which was formed after the year 2003 by the parties and the families had no knowledge of the economy and lack of patriotism. " turn, said a member of the Parliamentary Finance Committee, Najiba Najib, in an interview to the (long-Presse), "The central bank and the Ministry of Finance and the concerned state met, Monday, (the 15th of June the current 2015), to discuss the high price of the dollar, and took a package decisions will be capable of supporting the value of the dinar, and reduce exchange rate Dollar interview. " said Najib, that of "the most important of those decisions increase the width of the dollar in the market," indicating that this dish a day after the meeting, to feed the applications submitted for the purchase of the dollar by the companies, merchants and banks, as the central bank would accept any buy another request after that it restricts it. " She continued by the Parliamentary Finance Committee, that "banks and the Central Bank they meet the secretariats of tax and customs of each request submitted by eight percent, what form the main reason for a rise of the dollar", Msttrdp that "the participants meeting decided to address that, where will the relevant departments, such as customs and tax it contributes down the dollar by about large. " The dollar price in the domestic market in front of the Iraqi dinar gradually to reach more than 1,400 dinars to the dollar, compared to 1228 dinars to the dollar over the past week and 1,200 dinars to the dollar by the end of last year 2014 .
  4. I saw a post about a good price offered to sell your Dinar to exchange of America and started checking to see who's offering best price for dinar right now as far as us selling, and noticed exchange of America is DinarTrade, TampaDinar, DinarInc, and maybe more companies. This got me kind of curious, are there really a bunch of Dinar dealers out there or is it one or two giant company owning all these sub companies under different branding? I noticed on another site that Sterling Currency Group and Gid & Associates and DinarBanker all seem to be the same company as well. I used to think where were a dozen or more different Dinar dealers out there but it seems as if its like 2-3 dealers with just different branding. Corporation Name STERLING CURRENCY GROUP LLC Fictitious Names GID ASSOCIATES GID PARTNERS WWW.DINARBANKER.COM Doesn't really matter in the grand scheme of things but just thought it was funny we here are always talking about who to buy from, who we like, who we don't like, etc and it seems as if we are talking about the same company just differnet names lol
  5. I've head a number of things online today about Zimbabwe revaluing. I don't think there's anything to it but just curious what the rumor is all about? I'm not seeing much of anything online, only thing I could find searching was this article which doesn't seem to have anything to do with paper money but more something about people who lost money through banks. Anyone else heard these rumos? Zimbabweans to be compensated fully as local currency is demonetizedFeb 23,2015 HARARE, Feb. 23 (Xinhua) -- The Reserve Bank of Zimbabwe (RBZ) will use the rate of one U.S. dollar to 35,000 Zimbabwe dollars as it moves to demonetize the local currency and compensate account holders who lost their savings when the government introduced multi-currencies in 2009. RBZ Governor John Mangudya told Xinhua in an interview Monday that everybody who had an account as of December 2008 would be awarded a blanket five U.S. dollars per account regardless of whether or not there was any credit in their bank balances. Mangudya's comments allay fears that had beset the banking public which suspected that the RBZ wanted to credit the accounts with only five U.S. dollars and disregard the balances in the accounts at the time of the introduction of the multi-currencies. The Confederation of Zimbabwe Industries also issued a statement recently urging the RBZ to fully compensate account holders. "The five U.S. dollars is the minimum but we're going to be using the United Nations rate of one U.S. dollar to 35,000 Zimbabwe dollars. We have revalued it from one U.S. dollar to 35 quadrillion dollars," Mangudya said. "This explains why the figure (to demonetize) has risen from the initial six million U.S. dollars to 20 million dollars," he added. Former Finance Minister in the inclusive government Tendai Biti had indicated that six million dollars would be required to compensate account holders affected by the abandonment of the local currency in favour of mainly the United States dollar and the South African rand. Other currencies acceptable in the banks are the Australian dollar, British pound sterling, Botswana pula and to a limited extent the Euro, Indian rupee, Chinese yuan and Japanese yen. The local currency was literally made moribund in 2009 when the government sought to arrest runway inflation which then stood at 231 million percent at the last official count, even though unofficial figures put it at 4 billion percent. To cope with inflation, the RBZ redenominated the Zimbabwe dollar in 2006, 2008 and 2009, with the highest being a 100 trillion dollar banknote printed on bond paper after the German company which used to supply it with the special paper stopped doing so because of economic sanctions imposed on the country. The central bank would also occasionally slash the zeros from the notes amid concerns from businesses that the many zeros were crashing their computer systems. The demonetization of the local currency will be completed by June 30, 2015, allowing many people who had stashed the Zimbabwe dollar in its various denominations to finally discard it.
  6. I know this whole ebola scare has been affecting the stock market. I was curious if this ebola stuff will have any affect on the Dinar, Dong, etc or none at all?
  7. I have made some posts in the past about Bitcoin. I was just curious if we have any recent adopters of Bitcoin on here or if anyone has recently gotten into due to the low prices. A couple weeks back we saw Bitcoin dip into the $250 range which is the lowest it's been in quite a while. Currently its sitting at about $350. Personally I think anything under $300 is a pretty good price. Bitcoin prices have seem to have stabalized a bit though there is still quite a bit of up and down. Overall though I been buying on dips and flipping coins for a quick $80 or $100 almost like day trading stocks. I also am loading up my position for the longterm as well as I think we'll get back to the $600 range if not higher soon enough. I had someone on anther forum comment that they recently got invovled with Bitcoins and they felt the entry into Bitcoin was more than the average person was willing to go through to get setup. This guy was out of the US so had to use a Bitlocal service and meetup with someone and get themselves setup and going which I can see how that would be a tough barrier to entry. THat said in the US if you setup with Coinbase they make it pretty simple and painless no different than setting up a Paypal account or something like that and can buy coins with your bank account they may have even added credit card as an option. Just makes it safer and easier for a beginner than having to meetup with some guy from craigslist or bitlocal and doing a transaction at a coffee shop where you dont really have a clue what your doing your first time. ANyhow, just curiuos if anyone has recently gotten into btc or thought about it
  8. Hey, as I'm sure most people are aware of by now DinarTrade is now either run or owned by exchange of America. I was just curious if Ali still owns DinarTrade and is just having someone else fullfill orders and run day to day or if it was completely bought out? I know in Alis email he made it sound as if they were just fulfiilling ordes but was reading on another forum Nenos place all the goings on. This neno fellow who seems to be friends with ali is being very vague and seems to be trying to make it seem as if its still run by ali but many forum members say they have called and been told tehre's no affiliation. This neno guy seems to almost covering up making it seem as if its still run by ali. Seems very strange but here's the link if anyone is interested. Also if anyone knows if ali is still running DT post what you know... Also, just on the offchance a link isn't allowed even though its obviously not promoting anything I'll put some captions from the discussion below... No not at all, he is working on the next stages of the future with his business and can not run both entities with all the traveling so he has appointed a company to handle the buying and selling for now. Dinar Trade the way I am explained it is still the name behind it and he is still the one supporting behind the scenes his customers.... I got bad weather here and loosing connection. trying to get this information out as fast as I can. Sending a mass email out as connections connect. Just giving the NNP Members the heads up. These serving locations are up and running now for all's convenience now.. ------ This is the owner and only principle of record and used to known as DI collectibles which I believe was a coin shop. Detail by Entity Name Florida Profit CorporationXCHANGE OF AMERICA, INC. Filing Information Document NumberP07000131461FEI/EIN Number061831072Date Filed12/12/2007StateFLStatusACTIVEEffective Date12/10/2007Last EventAMENDMENT AND NAME CHANGEEvent Date Filed07/06/2012Event Effective DateNONE Principal Address 819 SW FEDERAL HIGHWAY STUART, FL 34994 Changed: 02/09/2012 Mailing Address 819 SW FEDERAL HIGHWAY STUART, FL 34994 ---- Yes correct, DinarTrade has contracted the serving to Robert Hoffman. I would have eventually gotten this info available but do to timing with work and play, work gets most of my time. There will be newer banners coming up soon as they just got designed and I just received them and have forwarded them to my programmer. More info to follow soon... ---- just wondering why the biggest dinar dealer would sell out to someone else? ----- Correction, has not sold out as stated in the first post oh wait, I didn't get top post what I sent for approval. But if you do click the link, it is the servicing of the buying and selling for the time being was how I was explained while he tends to other future moves. Then again, read between the lines on what the CBI has put out lately... ----- spoke to stacy at XOA in nevada and she said no afilation to dinar trade> was suprised to hear they had nothing to do with dinar trade! called dinar trade at xxx) xxx-xxxx ------ Nothing more I can add then already said at this time. It is what it is. Tried to explain the way explained to me, all I can do... ----- lol, I have said all that there is to be said to say including that NO he has not sold out. He himself even states on the site that they have contracted their buying and selling servicing part to XOA moving forward. Why? If I could say I would, only thing allowed was future plans. Sorry gang but it is all I know. ------ The XOA servicing took in all Dinar trade employees. That is all there is to that. As far as the Texas Office, he said I could still have that if I wanted but I told him lets see how this XOA works out with the 8 offices now and 10 more coming. May not be no need just not sure yet. ----- Yes, well established company that already deals in many many currencies: ----- yep with no ties>> LOl ----- Well it just means that NNP is free to do as it wishes, not having to answer to anyone is always the best approach. I will be sending a email out in a week or two for a chat where I will show other means of choices. I am and have always been in thought of freedom of choice. I think that that is good business practice but with the loyalty I have had all these years I have to do some research before that chat...
  9. Morning everyone! Here is the week's news in a nutshell: This article ( ) about Iraq not giving a crap about the UN proves something I've said many times over - the UN is a complete joke and Iraq will do what it wants… including change the value of their currency without the approval of any outside sources. Najafi avoids getting blown up ( ), several of our members think Maliki is behind it. The government may have to borrow from the CBI next month to pay bills ( ), which could give the CBI even more leverage if they want to move forward with a rate increase. Deleting the 0's is in the news a few times, but nothing we haven't seen a hundred times before. KA (Kurdish Alliance) calls for help in getting the government to stop messing with their paychecks (The heat is on! ) And last but not least, the Nadita File once again brings you the latest and greatest! ( ) Here's the weekly questions: I'm leaning towards "mostly HCL". I think people start to lose sight of how important that is when as time goes on, but it is still probably THE most important factor right now. I don't think we have to worry about who gets elected - Maliki has much to gain by influencing raising the value when it is best for him, and I don't see any immediate reason he would delay it too long. But also, keep in mind that he doesn't make the call on this... the CBI does. He might have influence, but he's not the final decision maker. I disagree - we haven't seen "same thing year after year"! Chapter 7 has been released, we are seeing constant progress on the HCL, and so on! When will it happen? Today, tomorrow or anytime after that. I think you're quoting me from last week, right? If so... no, I haven't lost hope! I just threw out a casual "worst case scenario", and in the worst case scenario we still come out ahead. Stay calm! In the beginning of this ride you could get a million dinar for $500, today it is closer to $1000. If that's not an increase, I'm changing my name to Silly Suzy. Whenever I hear the term "global currency reset" I wince... half the stuff you will read on it is nutjob conspiracy stuff, 25% of it is simply misinformed regurgitated confusion, and the other 25% is a mix of fruits and berries and maybe a little accurate information. With that said... every country will always have a value unique to their political stability, assets, etc. Regardless of when or how or where any other country "resets" or "revalues" their currency, Iraq is not China, Ukraine, or any other country. Iraq's situation depends on Iraq's actions. I'll go with HCL then an announcement by the CBI alerting everyone to the new rate. I don't think this means we are in trouble, but it doesn't surprise me at all. That's how these kids play! USD as in US Dollar and UST as in US Treasury? Or something else? From Wikipedia: "The Official Gazette of Iraq (Arabic: الوقائع العراقية‎ / ALA-LC: al-Waqā’i‘ al-‘Irāqiyah) has been the official source for the laws and resolutions passed by the Council of Representatives of Iraq since August 1922. Article 125 of the Constitution mandates that laws shall be published in the gazette and shall take effect on the date of their publication, unless stipulated otherwise. It is published by the Ministry of Justice."
  10. HAPPY WEDNESDAY EVERYONE! Another week has gone by in the land of dinar with no revalue, but let's not despair. Despite the crazy opinions you might read out there (by both pumpers and loppers), it's best to always keep in mind that 85% of what you will hear or read are just that... an opinion. The other 15% might be fact, but at the end of the day I have one more fact for you: NOBODY can prove that the dinar will or will not revalue. If you bought into the dinar because you need a quick payday... maybe you should sell your dinar. But if you bought into it because you believe the fundamentals are good and there is indeed a chance to make some money... then stay in! But most importantly, stay level headed and ignore the yahoos, clowns, gurus and anti-gurus out there. You know what they say about opinions... they're like butts. I know you have one, but I don't need it shoved in my face, and most likely I don't care to hear it. On that note, here's some positive news! 1. UAE opens office in Erbil. 2. A slew of articles supporting the CBIs ability to maintain the stability of the dinar and expressing the need to support the CBI's "measures" (which happen unilaterally, by the way!). and (I know I'd support a "measure" to increase the value!) 3. Barzani actively engaged in HCL discussions: I found a few more, but to sum it up... no RV at this immediate time, but with all this positive movement, I'm going to stick it out for a bit longer. And I'm glad you're here with me! (Except the trolls... the trolls can go away.) Ok, here's the weekly questions! ====== Part 1 ====== That hasn't changed at all! We obviously need a little more before we can cash out, but that news was and is still awesome in my opinion. That's a fair question. I'm actually leaning towards a higher value the longer this takes. Depending on how the dollar holds up, a higher rate may not get us much more... but the longer Iraq has to make improvements and progress, the stronger they will be. Hi Texas, the weekly chats are almost always posted Wednesday mid-morning in the Chat Log section. Here's the direct link if you want to bookmark it: Actually - my answer is going to explain why I don't pay too much attention to the auctions. Iraq is not "running on USD" - they have a currency (IQD) that is pegged to the dollar (USD) and the purpose of the auctions is merely for the CBI to control the money supply, inflation, and the value of the dinar. With that said, I do still believe that the keys to progress here are still the same (such as Erbil, HCL, etc). Tomorrow at $7.54! But you can't hold me to that. 1. Offshore accounts are still very valuable for asset protection. The full answer to that question is explained in great detail in the VIP section - click on the links in my signature below. (If you have further questions on it, post in the VIP section.) NYK, as always you come up with great and thought provoking questions! In a word - yes. Yes, I do agree with you. MY sources told me several years ago that smaller denoms were indeed either printed or ready to be printed... but obviously we won't see them until the rate is raised significantly. Since that hasn't happened yet, it's not surprising that we haven't seen them or heard much news about them ===== To be continued shortly. =====
  11. Good morning Dinar Vets! I'll keep this one short and sweet. We all know this is a rollercoaster, with severe ups and downs. Another thing roller coasters have is a few flat spots here and there, strategically placed to lull you into a false sense of security right before BAM! Another heart wrenching twist, maybe a splash of water and bright lights, then a dramatic climb to the top! Without getting too dramatic... that's how I feel about the current week in Iraqi Dinar Not a lot happening, but I'm not fooled. Another jolt of excitement is just ahead, as always. On a related note, anytime something big is happening in the US (elections, SOTU speech, etc) things always seem to calm down over there while they wait to see how things pan out. Again, I'm confident that we'll be seeing action again shortly. I still feel that the HCL is vital to the success of an increased value in the Dinar, and they have been making steady progress - so I am hopeful to see more on that shortly. In my opinion - none at all. With any major overhaul of the budget will come an equal overhaul of the budget. I'm withholding comment on that one for the time being. Unfortunately, the value of the dollar DOES affect everything and everyone in the entire financial world. I am sticking to my rate theory because it makes sense at almost any level other than a devalue of the USD proportionate to what Iraq faced... but that will never happen. The world simply won't let it, too many countries depend on the USD in too many ways to list. Is it bad for us? Yes, of course. Everything involving higher debt, lower value of the USD, unpayable obligations... all of that is bad for us. Nothing more than I've already stated... at this point, we are waiting to see what they throw at us next. Because it can be better. This is like asking "Why should I go to work when I already have a $100 bill?" Answer: Because you can do better. *shaking my head lol* I left my crystal ball in the VIP room. ==================== Part 2 coming soon....
  12. i found good news and every body say prayer for RV From the heart Go Rv
  13. Hey, was just stumbling around doing some google searching for Dinar looking for some new articles and came across a new Dinar dealer I'd never seen before. Looks like a newer website. I was kinda surprised a little late to the game, seems like very few people out there still buying and overall sentiment has turned kind of pessimistic. Website looks pretty nice and professional though. Just thoguht I'd point it out and was also wondering if anyone has ever bought from these guys? Called DinarLiquidator???
  14. hey guys, was wondering if anyone knows of any dealers who have programs in place to swap out 25,000 notes for smaller notes? i like the 25,000 notes, fit nicely in my bank box, easy to count and i dont believe they will do away with single notes vs the whole currency so doesn't matter to me but a coworker is looking to swap his 25,000 and 10,000 notes for small stuff
  15. I always hear people saying Dinar and Dong going to revalue together or tomorrow or whatever. I never understood why people believe this? I know the Dong is somewhat linked to the Chinese Yuan in their movements and maybe even Japanese as well but it doesn't seem Iraq and Vietnam are linked in any way. The only common thread seems to be people like us on this forum who buy dinar tend to buy dong and vice versa. I don't get why people think they will RV together, they are two completely different currencies and two completely different countries that really have nothing in common and aren't tied together in any way. The only possible explaination I can see which I don't believe in woudl be the type of people who say there's some new world order trying to get rich or something but aside from some conspiracy theory I don't see how these two currencies are in any way tied together or would revalue at the same time.
  16. Okay so someone else made an interesting thread talking about people who are positive about the DInar and pumpers as well as people who are pessimistic or negative about the Dinar. I was just wondering. I can understand someone saying a pumper has an alterior motive ie if they are a dealer say hey it's gonna revalue tomorrow maybe it will stir up some business and get people buying dinar again. What possible agenda could someone being negative about the Dinar have? I have seen other people say pessimistic things and even said pessimistic things myself and heard people say things like you want to get rich but nobody else to get rich. I can't see any reason for someone to try to convince someone else not to buy dinar besides them thinking its not a smart thing to do. NObody has anything to gain by someoen else not buying Dinar. Always thought this was interesting and wondered why people think anyone who says anything negative has anything to gain by telling someone not to buy or by being pessimistic. On the other hand I can see a motive behind a pumper.
  17. Hey guys, not sure if anyone else has ever wondered about this but as we all know the internet is flush with info about the Iraqi Dinar on blogs, Guru websites, forums, etc. These are all great resources however lets be honest it's people like you and I posting our theories and speculations and there's not a lot of concrete info out there based on research and facts from credible sources. I was just wondering why this is? Just think about it even trying to find simple info like the history of the Dinar or the facts surrounding the Kuwaiti Dinar "revalue" it's hard to find any info even though these two topics are things that can be factually reported on, unlike speculation on revalue rates and margins and things like that None the less there is little to know info. I was recently checking amazon and see there's a few books on the subject, never realized Adam had a book until I recently saw it on Amazon. I recently borrowed a book on the Amazon library for free called the Dinar Date. Was thinking it was a RV prediction, apparently I didnt read the fine print to notice it was actually a novel about a sailor who bought Dinar lol. Anyhow, just curious why there's so little information out there. Also wondering if anyone has read Adams book or any other of the Dinar books on Amazon, seems there's only a handful. It all seems to be negative and about avoiding scams with the exception of Adams book The Iraqi Dinar Scam: Why Buying the Dinar is for Dummies Iraqi Dinar: Real RV Intel Confessions Of An Iraqi Dinar Dealer, No Hype, No Rumors, No Guru BS The Iraqi Dinar Revaluation Scam: What to do if you have bought or are being offered Iraqi Dinars The New Iraqi Dinar Investment Guide
  18. The Iraqi Dinar is going to revalue tomorrow June 2, 2013 at 4:00PM Iraqi time. Why? Because I think so. How did I confimr it? I just did. I would recommend everyone run out, clear out your 401k accounts, checking accounts, sell everything you own and buy more Dinar. No intel, no inside information, this is based on nothing. I just think so.
  19. "The Iraqi cabinet launched a project to help women start small- and medium-sized projects by giving them loans with easy terms that range from 7 to 12 million Iraqi dinars ($6,020 to $10,320)" said Salam al-Quraishi, economic advisor to the Iraqi government. "The project targets only women who have no work or were affected by terrorist operations through the loss of their breadwinners, whether husbands, sons or fathers," he said. The project will cover all cities across the country, he said, and loans will be disbursed through a committee comprising members of the women's affairs and labour and social affairs ministries.
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