Delta - Iraq Is To Be Inducted Into The WTO On The 29th Of This Month !

[DinarThug]

CNN. Broadcasting While Frank Works A Backdoor Connection In Greece !

 

 

 

Side Bar........

Today Greece also got in line for a new rate.

They forgave Iraq ALL their debt ............ Keeping in mind that Greece is more broke than the hearts of Iraqi Citizens. Why would they do this? Does Greece hold IQD's.......... Just asking?

Update..........

IMO ....... The fonts of the SDR's on the CBI site are..........NEW!!!

KTFA,


Frank........All data is important to us......... Not rumors.

 

 

12-11-2013   Newshound Guru Tlar   Article:   "Minister of planning for "time": we will apply the customs tariff as of early January"    Tariffs in January.  Donor country in January.  New budget in January.  Smart cards active in January.  Proposed change in currency, early January.  January is shaping up to be a strong target month.  I personally think that the CBI with the recent denials is trying to out fox their citizens to stop the run on the banks as citizens pull their money out due to the initial rumors started by the leak from the FC of their plans.

 

12-11-2013   Newshound Guru Tlar    We only have a month or less to see if this is true...the tariffs will effect an already poor citizenry and they have said from day one that they would not put these tariffs on the people until they give value to the currency for balance.  Having said that, these new tariffs seem to be stearing clear of necessities and day to day items but everything Iraq needs is imported.

 

12-11-2013   Newshound Guru Kaperoni   The CBI must meet the IMF conditions before they will let them transition out of the current monetary policy.  So the bottom line, is that as soon as the CBI can demonstrate they can manage the dinar in Iraq, the IMF will probably give them the green light to transition to Article VIII.  Saleh ...is really pushing for them to move to Article VIII and get the dinar out which will help with the credit rating.

 

12-11-2013   Newshound Guru Kaperoni   Article VIII is the key for us and remains the key.  Article VIII is what the CBI strives for.  The key to entering Article VIII is meeting the IMF requirements listed in the annual Article IV consultations.  So really the bottom line is that the CBI cannot do anything just yet...but they are trying...That means lowering the spread through the auctions and the possible bond sales.  If they achieve that goal soon, anything can happen.  IMO, if the CBI wanted it down before Jan 1 they could do it...its very achievable.

 

12-11-2013   Intel Guru Delta   [via  robdel]  Iraq is to be inducted into the WTO on the 29th of this month, thats a Sunday.  Now here is the exciting thing, he said that Iraq must have a tradable currency and be in total Article 8 compliance two weeks prior to the 29th.  In case you don't know, Article 8 says that Iraq can only use their own currency in country.  They cant use US Dollars!  So that is saying we are at the 2-week crucible right now!
 

 

[gymrat76541]

_{I wanna believe, man oh man do I wanna believe.}

[fishing]

Time will tell!

[TexasMike1958]

How can they be inducted when there is no meeting scheduled.....went straight  to the web site...nothing there

[flip]

http://www.wto.org/english/thewto_e/acc_e/a1_iraq_e.htm

 

I would like to think that after all these years of knocking on the door to the WTO that they would be getting close. 

Just a few more chugs and that little choo choo can get over the hill. 

[sillyseaserpent]

I think I can,

I think I can,

I think I can,

I think I can!

 

Go RV! 

[sandfly]

HEHHEHEHEEE

[Texas1]

CNN. Broadcasting While Frank Works A Backdoor Connection In Greece !   Side Bar........Today Greece also got in line for a new rate.They forgave Iraq ALL their debt ............ Keeping in mind that Greece is more broke than the hearts of Iraqi Citizens. Why would they do this? Does Greece hold IQD's.......... Just asking?Update..........IMO ....... The

CNN. Broadcasting While Frank Works A Backdoor Connection In Greece !   Side Bar........Today Greece also got in line for a new rate.They forgave Iraq ALL their debt ............ Keeping in mind that Greece is more broke than the hearts of Iraqi Citizens. Why would they do this? Does Greece hold IQD's.......... Just asking?Update..........IMO ....... The fonts of the SDR's on the CBI site are..........NEW!!

OMG they changed the font size........and so did you and the color and still no change in rate.......it's not the size of the font Frank it's what's in the font.......

font off frank

[Tubbs]

G   RI  G  RV !!!

[billio0]

Hey folks,

 

Let's give it up for the clown who brought this news to us, because we need to know what's going on in Dinarland. And, without one of our most excellent and reliable sources digging out the scoops for us, we'd have to do it ourselves, which is NOT my idea of fun.

 

Whether you like it, hate it, or just don't care either way, these posts are the fuel that gets us going each and every day (at least they are for me).

 

Anyway, thanks Dinar Thug. I truly appreciate your efforts on our behalf.

 

Billio0

[ReinMan]

Was there a link for the WTO thing or did someone just mention talks about talks..... with the end of that chart in the link up there to be filled in sometime in the next 6 years?

 

 

They can achieve whatever they want by the end of the year ..... whoever THEY are..

 

But will they?

 

Iraq can languish and struggle along if they want to, there's plenty more time and things are humming along....like a rusty hand-cranked eggbeater, but humming along.

It's not out of Iraq's hands til they say so.

In fact I bet Iraqi PTB are laughing this whole time at this hype vortex we've got going on.

 

"Should we tell them?" *chuckle*

"NO! Too much fun! Did you see how everyone jumped when Ahmed changed that stupid font on the website?" *chuckle* "Send another email tomorrow."

[Captjohn]

The last in a long string of "Iraq must do this no later than this date" and every time they blow through the date with no consequences.  Don't hold your breath on this one either.  

[Big Newby]

Regarding Iraq's "Accession" into the WTO, the process has begun, but is long and drawn out.  Below is a link to show in that process where Iraq is.  There's some pretty interesting reading at www.wto.org about who they are, what they're about, and even show the differences between the WTO and IMF.  According to the timeline of the "Accession" process for Iraq, it doesn't appear that Iraq is really close.  However, it is made plain that none of the documentation that is part of this process is ever viewable by any other than the WTO principals involved in it.  The last calendar note of Iraq's process was in 2010.

 

http://www.wto.org/english/thewto_e/acc_e/a1_iraq_e.htm

[sandstorm]

the wto and imf are demanding a stable currency. which means they dont want fluctuations and dont want iraq to rv.

there is nothing stable in a rv of the magnitude these gurus talk about. the goal is stability, thusly why we have sit at 1166 so long. duh

[larryk43]

the wto and imf are demanding a stable currency. which means they dont want fluctuations and dont want iraq to rv.

there is nothing stable in a rv of the magnitude these gurus talk about. the goal is stability, thusly why we have sit at 1166 so long. duh

Very interesting.  Makes sense.     But not good for us.

[chess]

Okay, so "thusly" Iraq has for some time proven their stability.  NOW it is time to advance!

 

......and, NOT talking the guru crap......ten cents is fine!

Edited December 12, 2013 by chess

[DinarThug]

CNN - "Thusly" Thursday Update ...

 

12-12-2013   Newshound Guru Tlar   Article:   "With the intensification of the debate about the move .. Did you witness the next year the process of deletion of zeros from the Iraqi currency?"    The last thing the CBI wanted is to give them a heads up on their plans because...Iraqi's will attempt to take advatage of this news.  The run on the banks is a pretty good reason for the CBI to immediately say no to January in one fashion or another...the articles have said not now, not in January and maybe not in 2014.

12-12-2013   Newshound Guru Tlar   I personally think that's crap. These confusing articles are an attempt to make Iraqi's stop pulling money out of their bank accounts.  The CBI has a plan and it is the right time to implement it, and I believe it is still on.  ...I understand the CBI had to say its postponed, whether it is true or not.  Its their job to protect their currency.

 

12-12-2013   Newshound Guru Kaperoni   Banks do not like risk. And for one, Wells Fargo is the most conservative bank in the US, they will be the last to the table to cash iraqi dinar.  believe me, it does not matter who you are, or how much dinar you have, banks will not want to participate in high risk emerging markets. That is a fact. And spreads if they do will exceed 10%. 

 

12-12-2013   Newshound Guru Kaperoni   More importantly...the CBI has concerns over the dinar we hold.  They want central validation of the dinar and the CBI is has signed a contract with a central validation of the paper dinar which more than likely puts the dinar cash in process through a Market Maker.  central validation is very important to the CBI because they are responsible for each and every dinar. Even if it never goes back to Iraq.  the last thing the CBI wants is fake dinar, converted to e-dinar ["electronic"]. 

 

           

[yota691]

CURRENCY CODE SELL BUY

US dollar USD 1166.000 1164.000

Euro EUR 1605.232 1604.430

British pound GBP 1909.675 1908.720

Canadian dollar CAD 1099.274 1098.724

Swiss franc CHF 1313.655 1312.998

Swedish krona SEK 178.176 178.087

Norwegian krone NOK 190.610 190.515

Danish krone DKK 215.161 215.053

Japanese yen JPY 11.331 11.326

Special

Drawing Rights SDR 1798.194 1797.294

Indicative rates - 12.12.2013

[Luigi1]

Maliki's cat just had a litter of 11 kittens...that must mean RV $11 to 1 IQD as TNT Tony would have us all believe.

Only if someone would invent a cat that will litter 1,000 kittens at a time.

Edited December 12, 2013 by Luigi1

[Candy01]

gymrat said:

 

I wanna believe!

 

 

MEEEE too!!!!!

 

[chess]

re: "thusly"

 

....I have a "validator" stamp.....will travel!

[chess]

re: Kaperoni

 

I HATE PEOPLE THAT TELL IT LIKE IT PROBABLY REALLY IS, OR WILL BE.....!

 

.....what a lousy guru!

[billio0]

Hey DinarVets,

 

Doesn't Delta's Stuff (crap) come from Frank26 and his KTFA?

 

Isn't Delta giving out [ANOTHER] date?

 

Aren't dates and rates not allowed on Frank26's KTFA?

 

If the answer to any of the above questions is yes, then who is a liar?

 

It certainly ain't any of us!

 

Billio0

[SnowGlobe7]

[Skyerydr]

Nothing on the WTO calendar for December or the 1st quarter of next year.  Iraq has not completed any task with the WTO since 2010