frank chat 4/5/2010

[rob1]

Good evening Family,

He lives

[rob1]

The Iraqi committee gave its final results about the Iraqi acquisition of the membership in the World Trade," The Economic Advisor in the Finance Ministry, Abdul Alim Kadhim, told The Independent National News Agency of Kurdistan (AKnews)

"The Committee called for reducing the difference between the U.S. dollar and the Iraqi dinar, activate the role of the private sector, open the world markets in Iraq with customs on imported goods that commensurate with the economic laws applied in the country," he added

The organization called Iraq to pay half of its debts, in order to be a member in the WTO which will improve the economic and commercial situation in the country," Kadhim pointed out.

He stressed on the need of improving the Iraqi economy according to modern economic frameworks found at the present time among the economically developed countries.

The World Trade Organization WTO was formed according to Bretton Woods convection at the end of 1944 in the United States, accompanied by the formation of the International Monetary Fund and the World Bank.

I apologize that the following article is actually step 2. I should have organized myself better by talking of step 1……….but I am at work and trying to put this together with TINK. The calls and customers have a tendency to throw me off. So step 2 requires the parliament and PM to be seated before the 15th. Notice how they are telling us that they too have great interest in accomplishing this by ……….tomorrow………..Tuesday. Hmmm………on schedule………so far. But this government and CBI are specialist at breaking dates and deadlines ……let alone the hearts of so many. Let’s see what happens this week. I am counting on their greed……….but a better and improved version than…………M’s. Man did he blow it!

٠٣/٠٤/٢٠١٠ السبت ١٩-ربيع ثاني-١٤٣١ هـ03/04/2010 Saturday 19 - Spring CO -1431 E

تترقب الأوساط السياسية في العراق نتائج الاستفتاء الشعبي الذي أجراه التيار الصدري، على مدى يومين وانتهى أمس، لاختيار مرشحه لرئاسة الحكومة بين خمسة مرشحين.Awaiting the political circles in Iraq, the results of a referendum conducted by the Sadrists, over two days and ended yesterday, to choose its candidate for prime minister among the five candidates.وعلى رغم عدم إلزامية الاستفتاء دستورياً وقانونياً إلا انه يسجل موقفاً سيلعب عاملاً مهماً في محادثات اختيار رئيس الحكومة المقبلAlthough not compulsory referendum, constitutional and legal position but it just will play an important factor in choosing the head of the government talks next

ورأى سياسيون ومراقبون أن الاستفتاء سيعقد مهمة تسمية رئيس الوزراء المقبل كون المرشح الذي سيفرزه الاستفتاء سيكون عليه فيتو من المرشحين الباقين لجهة الصراعات المستحكمة حول المنصب، في حين أن فوز مرشح عن التيار الصدري سيعمل على عزلهم عن عملية تسمية رئيس الحكومة.And politicians and observers felt that the referendum will be the task of naming the Prime Minister that the next candidate who Seffersh referendum, he will veto from the remaining candidates in terms of persistent conflicts about the post, while the winning candidate for the Sadr movement will isolate them from the process of naming the prime minister.

وقال القيادي في

[rob1]

Iraqi funds Iraqi funds

In an editorial in 'Union' Mohamed Al-Mallah: Do you know where Iraq's money? It said: Did you know that the Bank of TBI, which is an abbreviation of Trade Bank of Iraq Trade Bank of Iraq, which contains all the money the Iraqi government and oil revenue from the Company (SOMO) of Iraqi oil marketing company. As well as all payments of contracts and the Ministry of Commerce (payments ration) and also any contract for the processing of the state or the establishment or reconstruction must have an account from this bank does not accept any offer for a State only a letter of guarantee or letter of the proper execution of this bank and contains the funds function of donor and money unit reconstruction of Iraq, which is linked to (Citibank) (Citibank) and Pocket Morkn American and manages all financial transactions and commissions of the Iraqi state .. As well as all payments of contracts and the Ministry of Commerce (payments ration) and also any contract for the processing of the state or the establishment or reconstruction must have an account from this bank does not accept any offer for a State only a letter of guarantee or letter of the proper execution of this bank and contains the funds function of donor and money unit reconstruction of Iraq, which is linked to (Citibank) (Citibank) and Pocket Morkn American and manages all financial transactions and commissions of the Iraqi state. .

Did you know that the budget of the Electoral Commission for elections in Iraq appreciates the open and has no financial ceiling

[rob1]

:woot:4/3/2010 - JOINT BASE BALAD, Iraq -- Walk in to a store, pick an item, walk to the register and hand the cashier a debit card. It's a common scene the world over. There are some places, however, that don't conduct transactions through electronic funds transfers, that still do a majority of their business with physical cash. Iraq is one of them.

In an effort to change this situation, Iraqi banks and business leaders met at Joint Base Balad at the Banking on Iraqi Business conference March 31. The conference began building the relationships that are so important to doing business in Iraq.

"Only nine percent of Iraqis have a bank account," said Army Capt. Shaun Miller, an Army Central Command banking officer. "The main thing we're trying to do is connect Iraqi businesses with Iraqi banks."

The low incidence of Iraqis with bank accounts is attributable to a variety of reasons including negative experiences associated with the previous Iraqi political regime.

"There has been a lot of mistrust of the Iraqi banking system by the people of Iraq," Captain Miller said. "A lot of (business owners) were burned when Saddam was in charge. Sometimes he froze accounts or liquidated accounts, so a lot of people don't trust the banks, much like America after the Great Depression. It's a slow, steady process rebuilding trust in the institutions."

Earning the trust of Iraqi businesses won't happen overnight. The process will be long and require efforts on many fronts.

"We can't start bringing all technology into Iraq," said Firas Obaid, an Iraqi EFT Assistance Center associate. "Getting businesses on the same page with EFT will be a step to a better Iraq."

An economically stable Iraq is a safer one, said Captain Miller, adding that the quicker American dollars leave the country the better it will become.

"There are a lot of problems with cash," Captain Miller said. "Iraqi's are using U.S. cash, which undermines their own government, undermines their own currency and weakens their economy. Also, disbursing the U.S. dollar in their economy (has contributed to) funding terrorism."

"Having large sums of money makes you a target for terrorists," Mr. Obaid added. "Terrorists get the money and use it to fund attacks on places in Iraq."

It is hoped that conferences like this one at Balad will speed the switch to EFT while enhancing Iraq's credibility in the global market.

"If you're an Iraqi vendor doing a service for the (U.S. government), rather than paying in paper money, the U.S. government is going to send a wire transfer to your bank account," Captain Miller said. "It will replace the use of cash."

Combining the safety aspect with a more available Iraqi dinar will help the government become more fiscally stable, which in turn will help strengthen Iraq's new democracy.

It's cyclical. Iraq's progress in governance and security will then encourage more investment in the private sector, whether it's agriculture, tourism, industry or another sector. This will increase the demand for Iraqi banking services.

"We want Iraqi businesses to understand what electronic funds transfer means and what it can do for them and their business," Mr. Obaid said. "Using EFT is going to help increase the value of the Iraqi dinar, which will make it possible to use them in the global market. As EFT becomes more common, more banks on the global level will recognize the dinar and that will be good for Iraq."

Once Iraqi businesses get on board with Iraqi banks and the EFT system, the hope is that it will trickle down and employers will pay their employees this way.

"That's going to put a host nation face on the currency," Captain Miller said. "It allows them to build confidence in their own currency and their own government."

"In an ideal situation, some of these contractors in the next couple of weeks are going to open accounts with some of the Iraqi banks they heard from today," Captain Miller said.

"Hopefully, they will be pleased with the safety and accountability of funds to the point that they start paying employees through EFT."

The day every Iraqi uses a debit card for daily purchases is not in the immediate future, but conferences like Banking on Iraqi Business allow that opportunity to be in the near future. While EFT stands for electronic funds transfer, to an Iraqi it may also represent safety and global credibility.

When you have time Family

[babygirl08]

BRAVO!!! ahhh the love of our family and the love of a child, and the blessings get deeper, to LOVE a precious grandchild...I LIVE for the days I get to see my grandson, to hear the pitterpat of his little feet and the sound of him yelling...."NEENUH!!" as I walk in the door from work and he is waiting there for me : ) how sweet it is!!! Thanks for sharing.

[carlablum]

Thank you sooooooo much!!!!!

Great read!

Blessings to you

[Captjohn]

I DO hear "grandpa!" from my three granddaughters when I walk in the door.....and it is the incarnation of God's true love.

[ronscarpa]

Rob 1 - Thanks for posting Franks Chat from earlier today. It's good news and very encouraging.

Thank you Frank for your Post.

Now, we must see when & how much; and when we need to exchange our IQD's. GOD is in control, but we must be ready...!

Blessings to Everyone in our IQD Family, Bless our Troops, and Blessings upon the Iraqi people

RON

[wings13]

Does anyone know what this Ali rumor is concerning his new terms for trade in? Thanks.

[babygirl08]

Does anyone know what this Ali rumor is concerning his new terms for trade in? Thanks.

haven't heard anything...what do you know or what have you heard???

[CaptainConrad]

OK..Don't get me started about the non sense and jibberish that goes on with the task masters at hand. For 6 months I have witnessed wild interpretations of information that logically can not be interpretated. A snow job is a snow job as it were. Can you tell me what you see in an ink blot ? Each person will decribe a different vision.What fascinates me the most is how many people sit back and applaud the big tented circus show we call "news' when in fact it is nothing but countefeit reality.

[carlablum]

OK..Don't get me started about the non sense and jibberish that goes on with the task masters at hand. For 6 months I have witnessed wild interpretations of information that logically can not be interpretated. A snow job is a snow job as it were. Can you tell me what you see in an ink blot ? Each person will decribe a different vision.What fascinates me the most is how many people sit back and applaud the big tented circus show we call "news' when in fact it is nothing but countefeit reality.

I appreciate your opinion as I do everyones. We are all just trying to put the pieces of the puzzel together and appreciate everyones take on it or WE would not be on this site... If you are sure this is counterfeit reality then why are you holding back important information and not sharing your take on it.

Blessings

[gbrlgms]

thank you oh living god

[retirementafterrv]

TO the family, Pray for peace over there, only god can do all of this. With out him, this is not going to happen.

Thank you for the post, and god bless you.

[sammiePJ]

yes there are many different dates being thrown out there.. but thats okay.. all i know im ready for this to be all over... so come on rv or ri.. hehehe

[Bull Dog]

I am sorry but I have to ask, how is Air Base Balad these days as I once knew it??? Iwas stationed over there in Balad in 04 with the 81st Brigade , Washington National Guard. It was bottled water, generators and porta-potties along with a whole lot of mortars and rockets. I was the the Brigade Chaplain's Assistant. Let me know how your doing???

SSG Schmidt WANG Retired

[adam_maltais]

I am also interested in what this "Ali Rumor" is all about...?

[blackjackspy]

Finally

[lancer22]

while I don't share ronS's enthusiasm, these articles that frank referenced, further IMO delay the

rv by political unrest and ramped corruption. wholly smokes really 2 mill USD a month... please.

why would the UN relieve them of Chpt 7 much less the articles attached?

So this is not good news to me, however we still have the big 4 that hold huge amounts of NIDs.

This fact can only aide us in our speculation. IMHO

[bigdinar]

AMEN Captain Conrad---what you say is 100% truth---

what you said---no one can top it---you say truth---anything else is not

[Jac]

whats the ali rumor i havent heard this

I suppose we both missed it.

[justme]

Thank you for the posts. Wish I had a thank you button!