Attorney charge likely exit from Iraq during the period subject to item VII coming

[yota691]

Attorney charge likely exit from Iraq during the period subject to item VII coming

Date: Wednesday, 25-04-2012 11: 06 am

Baghdad (newsletter) ...Economy and Investment Committee Member said Parliamentary Deputy/National Alliance, charge/Faleh Iraq exit from huge item VII during the next few, after the return of bilateral relations between Iraq and Kuwait.

He said charge (News Agency news) on Wednesday: after repeated visits by Prime Minister Nuri al-Maliki to some Arabic and foreign States that have reservations on the Iraq policy of the former regime that prompted Iraq to "perils" and military wars, especially the provinces of Kuwait State of normalization of political and economic relations sister return Iraq to its regional and international environment.

He said that these visits resulted in several things flowing for Iraq and its people, through the normalization of relations between Iraq and Kuwait and the return of common interests between the two countries in all fields, especially after our Arab brothers in the embrace of Baghdad Arabic Summit, these are all signs of good in the near future to raise Iraq from under item VII and grant full sovereignty and freedom in the disposition of his assets.

President Saddam Hussein ordered the invasion of Kuwait in 1990, on the impact of sanctions imposed on Iraq by the international community and development under item 7 which makes him a threat to global peace and security.

The sanctions included a ban of importation of chemicals and nuclear technology that might be used in clandestine programmes of nuclear, chemical and biological weapons, the United Nations has allowed in 1995 for Iraq to sell oil in exchange for obtaining food, the so-called "oil for food" programme No. 986./finished/8 n. p.

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[SPRAYERDUDE]

Excellent Post !

Now these are the articles everybody should be getting excited about. With the June U.N. meeting and the Mystery Monetary Change timeline given in recent articles of Sept.-Early 2013 "lots of smoke lately but I have yet to see a believable article denouncing these plans" If Iraq seriously wants out of Chapter VII and wants to become Internationally Recognized the last piece of the puzzle is having a Transparent Internationally Trade-able Currency. In my opinion This Is The Key To The Change We Have Been Waiting For ! Transparent to me means: THE REAL VALUE. Iraq can't just walk away from their current currency or have 2 different currencies with 2 different value's as some of these so called Guru's have been rumoring about lately. Iraq's goal of becoming a Sovereign Internationally Recognized Country and a full W.T.O. member ties them to I.M.F. / U.N & W.T.O. guidelines. The Monetary Change will not be the Countries Real True Value but will be tied to it for accountability "not just a number pulled out of thin air or politically motivated"

[truthful1]

None of the remaining ch7 sanctions have anything to do with the currency. At some point externally....there will have to be more demand for the dinar. people arent jumping to buy it at 1166 and wont jump to buy it at a dollar. increased confidence in the government and the economic realities like huge increases in gdp. you have to get people to want it. and rigt now iraqis dont even prefer the dinar. The dinar in the marketplace is very volatile....even under a tightly managed situation. if the exchange ratewas free it would still be volatile..which will steer people away. we would be seeing these swings from 1180- 1360. Theres not much confidence in swings like that.

Edited April 25, 2012 by truthful1

[truthful1]

Lets pretend it did rv to a dollar. do you think the bank will give you a million dollars if its possible that dinar could only be worth 950,000 two days later??? Stability is the key...demand has to be created.....you have to have people willing to buy a million dinar...for a million dollars. Economics have to play into whatever decision they make...and there has to be a monetary policy that can stabilize. the rate they put on the dinar. which is why exchange rates are a reflection of the economy. if just revaluing solved the answers......europe and greece would have rv'd themselves into solvency.