lmb4321 1,216 Report post Posted July 14 hey navira...i never asked...but what is your opinion on the SBA?..... Share this post Link to post Share on other sites
Pitcher 22,093 Report post Posted July 14 Let’s go Bro Brothers. Let’s go Iraq 2 1 Share this post Link to post Share on other sites
ChuckFinley 36,205 Report post Posted July 14 I was looking at the multiple currency asspect. 1. Article VIII provides in Sections 2 and 3 that members shall not impose or engage in certain measures, namely restrictions on the making of payments and transfers for current international transactions, discriminatory currency arrangements, or multiple currency practices, without the approval of the Fund. The guiding principle in ascertaining whether a measure is a restriction on payments and transfers for current transactions under Article VIII, Section 2, is whether it involves a direct governmental limitation on the availability or use of exchange as such. Members in doubt as to whether any of their measures do or do not fall under Article VIII may wish to consult the Fund thereon. 2 1 Share this post Link to post Share on other sites
navira 8,941 Report post Posted July 14 Art 8 gives any currency a convertible currency...this is what I heard from people. I hope this is what the meeting is all about in the coming week on July 19...I hope somone here would expound on this...cheers bros 1 Share this post Link to post Share on other sites
navira 8,941 Report post Posted July 14 Thanks for that info bro CF..now I get it...thanks again 1 Share this post Link to post Share on other sites
ChuckFinley 36,205 Report post Posted July 14 Would be helpful. I hate not having a cut sheet. 1 Share this post Link to post Share on other sites
ChuckFinley 36,205 Report post Posted July 14 1 minute ago, navira said: Thanks for that info bro CF..now I get it...thanks again You are welcome. 1 Share this post Link to post Share on other sites
Pitcher 22,093 Report post Posted July 14 “No rate change since Wednesday from CBI” Probably means nothing but then maybe it does. “77% of the world’s transaction revenue touches an SAP system. They wouldn’t set up shop in Iraq for fun! Lets go Iraq. Let’s go RV. 3 Share this post Link to post Share on other sites
lmb4321 1,216 Report post Posted July 14 I've read from someone else...that the IMF controls the rate change.....then it will tell the CBI to RV......but it could be awhile before they pull the trigger.....sounds logical... Share this post Link to post Share on other sites
6ly410 20,214 Report post Posted July 14 (edited) I personally don’t believe that we are waiting on anything... they can flip the switch at any second imo cheers Edited July 14 by 6ly410 1 1 2 Share this post Link to post Share on other sites
navira 8,941 Report post Posted July 14 Hey lmb , lol don't believe in any of that bro...the CBI ,being an independent entity, is in control...however ,in iraq case, the govt can intervene when it comes to corruptions or any other case that requires govt intervention...i also want to point out that an rv(not an ri) consists or is influenced by many factors...cheers bros Share this post Link to post Share on other sites
Pitcher 22,093 Report post Posted July 14 10 minutes ago, 6ly410 said: I personally don’t believe that we are waiting on anything... they can flip the switch at any second imo cheers I agree, why not. What do they have to lose. Get it done and get the investment money coming into the country and watch this country blossom. An economic and rebuilt Iraq will put pressure on Iran to change. Iran and it’s puppet Iraqi politicians have been holding this up for years. It wouldn’t surprise me to find out our US politicians are also in on the auction corruption. Lets go Iraq, give the people some monetary value. Cheers!! 3 3 Share this post Link to post Share on other sites
lmb4321 1,216 Report post Posted July 14 thanks bro....hopefully they do something on Republic Day....cheers.. 1 Share this post Link to post Share on other sites
navira 8,941 Report post Posted July 14 We have seen in the news that corruption is rampant in the CBI...that's why the govt officials are finding a solution to encounter such that by placing a mechanism that would stop the auction....this is where I hope they would give a rate to the dinar if ever they decide they would go such route..cheers bros 2 Share this post Link to post Share on other sites
Pitcher 22,093 Report post Posted July 14 6 minutes ago, navira said: We have seen in the news that corruption is rampant in the CBI...that's why the govt officials are finding a solution to encounter such that by placing a mechanism that would stop the auction Coruption is a big deal. Throw a few of the thieves in jail and it would cease. 2 Share this post Link to post Share on other sites
Karsten 6,162 Report post Posted July 14 6 minutes ago, Pitcher said: I agree, why not. What do they have to lose. Get it done and get the investment money coming into the country and watch this country blossom. An economic and rebuilt Iraq will put pressure on Iran to change. Iran and it’s puppet Iraqi politicians have been holding this up for years. It wouldn’t surprise me to find out our US politicians are also in on the auction corruption. Lets go Iraq, give the people some monetary value. Cheers!! I just don't get it other than the recent Hard Core Muslim Influence in the Middle east.....Iraq and Iran we Hot Spots for tourist and movies back in the 60-70's....Some of the finest Hotels, Movie Sets, nicest beaches........What the hell are they doing now....Other than no one there remember they were once a great nation much like Generation "WHY" in America Today....So much has been lost in the past 30-40 years and I wonder if WE can or Will Ever Be Able to Recover? Karsten 3 Share this post Link to post Share on other sites
navira 8,941 Report post Posted July 14 Agree bro...let's go Share this post Link to post Share on other sites
Pitcher 22,093 Report post Posted July 14 When this thing pops we will be dancing in the sreeets like this!! 2 2 Share this post Link to post Share on other sites
navira 8,941 Report post Posted July 14 I am ready...let's go bros haha 1 1 Share this post Link to post Share on other sites
6ly410 20,214 Report post Posted July 14 Let’s go bros let’s go Iraq 1 1 Share this post Link to post Share on other sites
pokerplayer 15,490 Report post Posted July 14 1 hour ago, 6ly410 said: I personally don’t believe that we are waiting on anything... they can flip the switch at any second imo cheers Please let it be this week end !! pp 1 3 Share this post Link to post Share on other sites
lmb4321 1,216 Report post Posted July 14 navira, .......just curious......did you hear so n so's latest.....? Share this post Link to post Share on other sites
navira 8,941 Report post Posted July 14 Yea I did bro Share this post Link to post Share on other sites
navira 8,941 Report post Posted July 14 He shared an article about UNSC ...that Iraq needs an economic reform post conflict...it's a good article Share this post Link to post Share on other sites
lmb4321 1,216 Report post Posted July 14 Can we say between now and the 21st is a Great Window for this.. to pop?....thanks for the input bro.... 1 Share this post Link to post Share on other sites
