Popular Post easyrider Posted December 3, 2012 Popular Post Report Share Posted December 3, 2012 (edited) Happy Friday: from 11/30/2012 I am forwarding some information to you on the RV and dinar. As far as we know, Iraq may be released from chapter 7 during December. It has not happened as of yet but Kuwait did post an article in the news that their intent is to help Iraq become free from Chapter 7 during December. The UN needs to release Iraq from Chapter 7 and as far as I know it was an old article that resurfaced on the removal of chapter 7 a couple of days ago. Basically we are looking for Iraq to RV on or slightly before January 1 2013. Previous information from articles stated that this would have to be done at the begining of the fiscal year, January 1, and this makes perfect sense as you don't want to switch horses in the middle of a raging river. There is also the UN's plan that stated the projected implementatin of Iraq's currency reinstatement by 2013 plus other articles that point to this period in time right now. Much could happen yet in December and we know that pressure is being placed upon Iraq to get their slow, tangled, butts in gear and get something accopmplished. Now if everything comes together in one nice little package, the GOI budget will be in revalued dinar comparable to a projected base US exchange rate. If Iraq is to become a very substantial donor country to the IMF then Iraq will have a very lucrative domestic GDP and a high worldwide exchange rate. I don't look for the rate to come out very low as the GOI budget needs to reflect a solid economic financial base for oil profit sharing and the internal development of Iraq in a very multi faceted arena. I am attaching a link for you to Miskebam's sight who has a good summary on this. Have a nice day Delete the zero in 2013; Iraq donor country after 2014; IMF standby agreement expires February 2013 & ISX live & International in 2013 11/30/2012 0 Comments - November 1, 2012 The central issue shake expectations the deletion of zeros BAGHDAD - Laith Jawad Parliamentary varied expectations regarding the deletion of zeros from the currency between the continuation of the deletion process specific Pauqatha and affected by the issue of central bank and banking tensions that may lead to delay the process beyond the year 2014 declared that Iraq will turn into a donor country. Has confirmed the Economic Committee of the House of Representatives that the process of deletion of zeros and the dinar will be early next year after the end of the project procedures. Said committee member Ibrahim panic (time) yesterday that (the process of deletion of zeros will proceed according to its specified time without being influenced by the issue of the central bank because of all the procedures for the project expired since leaving only the execution). He pointed out that (deletion hold reformer of the dinar, which has suffered from inflation because of mistaken policy of the former regime, which added three zeros of the dinar to strengthen after a siege on the country the early nineties of the last century), explaining that (deletion will support and enhance the strength of the dinar globally and regionally), pointing out that (process delete Similar got in many countries of the world to improve the economy and then this process will be great interest in Iraq). And on Iraq's transition in 2014 to the international donor Male panic that (Iraq, according to the available data now will be one of the most important donor countries in the world in the face of rising oil exports, as well as its contribution to the IMF and the growing economy). For his part, predicted a member of the Knesset Finance Committee good Auzmn that affect the issue of central bank and recent tensions banking on delayed replacement of the currency and delete the zeros to be implemented early next year. And Auzmn said in a statement yesterday that (the Finance Committee and the central bank announced earlier in the currency exchange and the deletion of zeros early 2013 but continued tensions case the central bank without finding solutions would delay the implementation of the project until after next year). He added that the (delay implementation of the project deletion does not affect the currency as much as affect the citizen weighty money supply and increase their numbers when trading in the domestic market),and explained Auzmn that (deletion of zeros will reduce the rates of current inflation resulting from increased money supply for the lack of supply of goods and services). With regard to the transformation of Iraq to the international donor central bank stressed that Iraq will turn to the international donor after 2014. The deputy governor of the Bank the appearance of Mohammed Saleh in a statement yesterday that the (World Bank request from Iraq to be a member of the International Atomic aid and become a donor her), indicating that (the government is considering topic in collaboration with the World Bank), and added the appearance that (grants offered by the bank International Iraq was left only a billion dollars, will be spent on the infrastructure of the country), and confirmed that (these grants and aid will end in the year 2014). He appearance that (the World Bank would be for Iraq after this year Bank of knowledge provides technical advice and expertise, training courses and development), stressing that the (bank put a watershed in 2014 to be so Iraq has exceeded the ordeal and will not be providing any assistance to him after this date). LINK AGAIN I WILL PLACE A REMINDER ARTICLE HERE: The IMF extended loan Iraq until February 2013 08/04/2012 JD/Baghdad/...The IMF announced on his agreement with Iraq through which their loan extended for seven months until February 23, 2013 for the Iraqi Government to implement a range of actions in the exchange-rate regime in the country. The IMF statement that "changes the agreement expired on 23 July last was at the request of the Iraqi Government." The statement added that "the total funding available to Iraq nearly 1.96 billion dollars." The IMF Executive Board had approved on 24 February 2010 at the standby credit agreement for a period of two years worth of 38.2 billion special drawing rights, "about 58, 3 billion dollars" and also approved extended for five months until July 2012 with the modification of Exchange based on the shift in funding needs. Total resources currently available to Iraq under the agreement to the equivalent of 24, 1307 million special drawing rights, "about 96 billion dollars. LINK <b> My observation on the two articles above and then some: So we have an article from November 1st that says they will delete zero's early next year, and that as of 2014 Iraq is on their own and will become a DONOR country. We have an IMF article from August that has extended the standby agreement until February 2013, because it expired in July.... AND they said within the article that the extension was "to implement a range of actions in the exchange-rate regime". If the IMF agreement expires in February and they have also extended until July 2012 a modification of exchange based on shift in funding needed, and we have been told time and again by CBI that they can NOT delete the zero's in the middle of the year, (see here) it has to be done at the beginning of their fiscal year... and we know that Iraq's fiscal year begins on January 1st, along with the article that came out a few days ago saying that the 2013 budget would be in new currency and free of zeros (See HERE) which they have said several times throughout the year of 2012, I just don't have time to look them up right now, but this has been a source of panic for parliament. . . that would give plenty of information for one to assume that January 1st or before, Iraq would need to make the move to switch the currency and be ready for the budget on January 1st and completed before the IMF deadline expires on February 23, 2013. Unless the IMF comes out with yet ANOTHER extension... and ... DONT forget... December is the month that Kuwait has said, they will lift Iraq from Chapter VII. (See HERE) Which will allow CBI to be free to go international, something that could not be done while under sanctions... and speaking of International...the ISX has been set to go online or live INTERNATIONALLY in Arabic AND English via NASDAQ software in 2013. You can find that HERE and HERE. And one more thing, in order for Chapter VII to be lifted, HCL will have to be complete according to the UN (see here) OK, just wanted to share some pieces. Blessings! Miskebam Edited December 3, 2012 by easyrider 40 2 Link to comment Share on other sites More sharing options...
cbs71 Posted December 3, 2012 Report Share Posted December 3, 2012 (edited) Thanks easy! "DONT forget... December is the month that Kuwait has said, they will lift Iraq from Chapter VII." Okay, but it was my understanding the UN is the only one who can remove Iraq from Chap. 7, not a country, no? Edited December 3, 2012 by cbs71 2 Link to comment Share on other sites More sharing options...
Tubbs Posted December 3, 2012 Report Share Posted December 3, 2012 Great report Thanks for sharing Go Holiday RV :cool: Link to comment Share on other sites More sharing options...
powerpager Posted December 3, 2012 Report Share Posted December 3, 2012 Killer Post !!! Lets Roll !!! Link to comment Share on other sites More sharing options...
umbertino Posted December 3, 2012 Report Share Posted December 3, 2012 Killer Post !!! Lets Roll !!! No "Shoe Polish" this time?....Smile. Link to comment Share on other sites More sharing options...
bamagirl Posted December 3, 2012 Report Share Posted December 3, 2012 When I initially got into the dinar I would have never thought in a million years I would still be waiting for dinar updates in Dec 2012, lol.... 1/1/13 sounds good to me (never though I'd say that either, lol, I wanted this thing done yesterday!!) Hopefully good things come to those who wait.... Thanks for posting Easy!! 4 Link to comment Share on other sites More sharing options...
Nani? Posted December 3, 2012 Report Share Posted December 3, 2012 Thanks easy! "DONT forget... December is the month that Kuwait has said, they will lift Iraq from Chapter VII." Okay, but it was my understanding the UN is the only one who can remove Iraq from Chap. 7, not a country, no? I believe that was mentioned in the email Link to comment Share on other sites More sharing options...
vomer Posted December 3, 2012 Report Share Posted December 3, 2012 Link to comment Share on other sites More sharing options...
tommy17 Posted December 3, 2012 Report Share Posted December 3, 2012 Thanks easy! "DONT forget... December is the month that Kuwait has said, they will lift Iraq from Chapter VII." Okay, but it was my understanding the UN is the only one who can remove Iraq from Chap. 7, not a country, no? They attacked kuwait (gulf war)and are required to full fill their chapt 7 obligations with kuwait to get out under 7. 1 Link to comment Share on other sites More sharing options...
winb Posted December 3, 2012 Report Share Posted December 3, 2012 I am on my way into work in a war zone and i would like this to pop so i dont have to go. this is going to sound strange but here it goes, god talks to me with numbers sometimes and in the past 6 months he is showing the number 13. i gave easy a plus and it was the 13th one. and so thats why i wanted to share that and say thank you for sharing. god bless' america and its people 12 1 Link to comment Share on other sites More sharing options...
BKD Posted December 3, 2012 Report Share Posted December 3, 2012 Thanks easy, let's hope for something in December. Link to comment Share on other sites More sharing options...
ronberta Posted December 3, 2012 Report Share Posted December 3, 2012 When I initially got into the dinar I would have never thought in a million years I would still be waiting for dinar updates in Dec 2012, lol.... 1/1/13 sounds good to me (never though I'd say that either, lol, I wanted this thing done yesterday!!) Hopefully good things come to those who wait.... Thanks for posting Easy!! wow bamagirl thats too funny! I've been thinking the same,never thought it would ever go this far! I do hate it when dates are posted tho as they never work out as the Iraq's are on a different scedule and seem to be in no hurry,man I sure hope this is the time so all can have a great Christmas and start the new year Right!! Thanks for all your post Bamagirl-hangin there!! 1 Link to comment Share on other sites More sharing options...
DinarThug Posted December 3, 2012 Report Share Posted December 3, 2012 Thanks easy, let's hope for something in December. Besides The End Of The Mayan Calander ....... 5 Link to comment Share on other sites More sharing options...
bamagirl Posted December 3, 2012 Report Share Posted December 3, 2012 wow bamagirl thats too funny! I've been thinking the same,never thought it would ever go this far! I do hate it when dates are posted tho as they never work out as the Iraq's are on a different scedule and seem to be in no hurry,man I sure hope this is the time so all can have a great Christmas and start the new year Right!! Thanks for all your post Bamagirl-hangin there!! Thanks Ron... I guess we are being given time to count our blessings now so we won't forget how to do it once we are rolling in the $$$!! My theory anyways, lol!! 1 Link to comment Share on other sites More sharing options...
ronberta Posted December 3, 2012 Report Share Posted December 3, 2012 Thanks Ron... I guess we are being given time to count our blessings now so we won't forget how to do it once we are rolling in the $$$!! My theory anyways, lol!! that's true bamagirl !! our family will be so thankful for this may it be 10 cents or $1.00 still hoppin for the dollar tho, man that would be awesome,seams to be alot of posts sayin a $1.00 too thanks bama!! Link to comment Share on other sites More sharing options...
Francie26 Posted December 3, 2012 Report Share Posted December 3, 2012 Bamagirl, I also wanted this done yesterday, two years ago. haha I pray it will happen this year, any day now will work for me. I am soooo beyond "ready" that there are simply no words to say it. <smile> 5 Link to comment Share on other sites More sharing options...
zantac Posted December 3, 2012 Report Share Posted December 3, 2012 Thanks easy! "DONT forget... December is the month that Kuwait has said, they will lift Iraq from Chapter VII." Okay, but it was my understanding the UN is the only one who can remove Iraq from Chap. 7, not a country, no? They attacked kuwait (gulf war)and are required to full fill their chapt 7 obligations with kuwait to get out under 7. I think what this should be reading is this: Iraq has to fulfil all its obligations to Kuwait for the gulf war…….then Kuwait can make a recommendation to the UN that Iraq should be free from chapter 7. Kuwait cant remove chapter 7 alone that’s solely down to the UN 6 Link to comment Share on other sites More sharing options...
Blessed4ever Posted December 3, 2012 Report Share Posted December 3, 2012 Very encouraging! Jan 3, 2013 1/3/13 We shall see! Remaining hopeful! 1 Link to comment Share on other sites More sharing options...
billbill Posted December 3, 2012 Report Share Posted December 3, 2012 Great Post Easy!!!! Link to comment Share on other sites More sharing options...
cbs71 Posted December 3, 2012 Report Share Posted December 3, 2012 I believe that was mentioned in the email Okay, thanks. I think what this should be reading is this: Iraq has to fulfil all its obligations to Kuwait for the gulf war…….then Kuwait can make a recommendation to the UN that Iraq should be free from chapter 7. Kuwait cant remove chapter 7 alone that’s solely down to the UN Bingo...thanks zantac. 1 Link to comment Share on other sites More sharing options...
Fleming Posted December 3, 2012 Report Share Posted December 3, 2012 YIPPEEEEEEEE!!!.. thanks Easy, I'd give you 10 pluses if I could... 1 Link to comment Share on other sites More sharing options...
bamagirl Posted December 3, 2012 Report Share Posted December 3, 2012 Bamagirl, I also wanted this done yesterday, two years ago. haha I pray it will happen this year, any day now will work for me. I am soooo beyond "ready" that there are simply no words to say it. <smile> I think we are all in the same 'ready' boat, at least it's good company... Hugs to you dear Francie. 1 Link to comment Share on other sites More sharing options...
motox565 Posted December 3, 2012 Report Share Posted December 3, 2012 Besides The End Of The Mayan Calander ....... :o/> :D/> :D/> :D/> No sweat Thug, I think Iraq issued an extension. 1 Link to comment Share on other sites More sharing options...
Blu Collar Guru Posted December 3, 2012 Report Share Posted December 3, 2012 I am on my way into work in a war zone and i would like this to pop so i dont have to go. this is going to sound strange but here it goes, god talks to me with numbers sometimes and in the past 6 months he is showing the number 13. i gave easy a plus and it was the 13th one. and so thats why i wanted to share that and say thank you for sharing. god bless' america and its people Well, The first thing that pops in my head in regards to God and the #13 is: Revelation, Chapter 13 and I think most know that's no good. Thank you for sharing though. God Bless us all. Go RV ~Peace & Love~ Link to comment Share on other sites More sharing options...
buckeye88us Posted December 3, 2012 Report Share Posted December 3, 2012 Miskebam = Oakie's Momma ! 1 1 Link to comment Share on other sites More sharing options...
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