Adam drive by 3/22/11 morning

[toeknee1220]

Sweet!!

[JuryPicker]

The value of the dinar will NOT stay where it is forever....its been the goal for over 7 years now to get back to where they once were before the sanctions were placed on them but this allows for them to be able to justify coming out higher because theyh will be reducing the physical currency in circulation which has been the biggest issue in my mind because they would have to lop first to come out at a decent rate....but this will make things a tad easier on the citizens in the meantime before they get all their ducks in a row and finally pull the trigger

I agree.

[FoxyRoxy]

So long as those Visa cards are DEBIT ONLY, not DEBT INCURRING. I don't want to think how hard it will be to teach the general Iraqi public that their new Visa cards are not magic "buy anything you want without money" cards. What do you mean I owe you 30,000 IQD? I paid with that Visa!!!

Just a thought.

Peace and Prosperity

That's what I was thinking, too. But won't they need ATM cards? Could this just be issuing ATM cards with the VISA logo, like we have in the USA?

[ViperDenar]

Thanks Adam.

Also, checking to see if my Platinum VIP status is applied as my current subscription information is blank.

[Riley]

Thanks DK for posting and thanks Adam for sharing....sounds like great news.

[estephan]

I dont like this. I think it is a bad sign; the best motive for an RV is to cut down on the ammount of CASH iraqi's have to carry around. These visa cards in effect do the same thing, but without having to have an RV.

Stay postive Rich , My statement is that the standard Equipment the we swipe our Cards through will not support a 3,489,000,000.00 purchase , such as going to downtown bagdad to buy a plasma screen .

I am open to correction

[miki-suki]

Thank You Adam & Dinarkicker.....Go RV!!!!

[rainmakr55]

Hmmmm - - - - I keep thinking about the phrase, "Activate the VISA Card". Hmmmmm (more thinking) - - - If the National Guard is activated, that means that the National Guard is there, it exist but activating the Guard puts them into "active use", "making use of them" etc. I tend to agree with this post I found. -----------> I don't see that this article means anything except what it states. 1. VISA card is already there in use, just not very many of them. 2. Use of a VISA card will stop the need to carry around large bags of money. Keep in mind the Dinar is almost worthless and it takes a LOT of Dinar just to buy something worth a USA dollar.

What do economist have to do with control of anything? Read the definition of an "economist"!

I would like to add to this, who or what is a specialist that is calling for the economist to active the VISA card?

[JuryPicker]

Hmmmm - - - - I keep thinking about the phrase, "Activate the VISA Card". Hmmmmm (more thinking) - - - If the National Guard is activated, that means that the National Guard is there, it exist but activating the Guard puts them into "active use", "making use of them" etc. I tend to agree with this post I found. -----------> I don't see that this article means anything except what it states. 1. VISA card is already there in use, just not very many of them. 2. Use of a VISA card will stop the need to carry around large bags of money. Keep in mind the Dinar is almost worthless and it takes a LOT of Dinar just to buy something worth a USA dollar.

What do economist have to do with control of anything? Read the definition of an "economist"!

I would like to add to this, who or what is a specialist that is calling for the economist to active the VISA card?

Economists work in many fields including academia, government and in the private sector, where they may also "...study data and statistics in order to spot trends in economic activity, economic confidence levels, and consumer attitudes. They assess this information using advanced methods in statistical analysis, mathematics, computer programming [and] they make recommendations about ways to improve the efficiency of a system or take advantage of trends as they begin

[rainmakr55]

Economists work in many fields including academia, government and in the private sector, where they may also "...study data and statistics in order to spot trends in economic activity, economic confidence levels, and consumer attitudes. They assess this information using advanced methods in statistical analysis, mathematics, computer programming [and] they make recommendations about ways to improve the efficiency of a system or take advantage of trends as they begin

Exactly Jurypicker - - - - - Economist cover a wide range of people. Some may have control of "stuff" and many don't have control of any thing. Watch CNN or Fox, they can have a panel of economist give their view/suggestion of what is going to happen, best stocks to buy, which stocks to stay away from, is it a bear or bullish market. They all have different views and can't come to an agreement on much of any thing.

[Adam Montana]

I believe this is a strong step towards Visa debit cards, which will work with more ATMs than not.

Putting a globally accepted payment method (Visa) into the Iraqi banking and financial worlds has to be a good thing, wouldn't you agree?

[4Horsn2]

It is nice to see some news that appears to showing some movement forward in times when it seems newsworthy articles have become few and far between.

Thanks DK for posting and Adam for your insight!!

[cjp]

Iraq-Kuwait committee meeting March 28th; Kuwait FM assures to help Iraq emerge from Ch VII sanctions

Posted: March 21, 2011 by THE CURRENCY NEWSHOUND - Just Hopin in Iraqi Dinar/Politics

Tags: Chapter VII, Council of Representatives of Iraq, Iraq, Iraq sanctions, Joint Committee, kuwait, Nouri al-Maliki, Saddam Hussein, sanctions, United Nations Security Council

0

* Saleem: Kuwaiti-Iraqi committee to discuss the problem of debt outstanding end of the current

Kuwait (news) .. ends the day the Iraqi parliamentary delegation headed by President of the Iraqi Council of Representatives Osama Nujaifi visit as a success to the State of Kuwait continued for three days. After an agreement to set up committees to discuss the outstanding problems between the two countries.

A member of the delegation, Dr. Salim Abdullah al-Jubouri, the Chairman of the Commission on Human Rights Council in close communication with him conducted by the Agency (news) today, said that the delegation will end the day visit to Kuwait that lasted for three days, calling the visit a success.

Read the rest of this entry »

Iraq and Kuwait set to meet next Monday

Posted: March 22, 2011 by THE CURRENCY NEWSHOUND - Just Hopin in Iraqi Dinar/Politics

Tags: Baghdad, Council of Representatives of Iraq, Hoshyar Zebari, House of Al-Sabah, Iraq, Joint Committee, kuwait, Sheikh

0

* Border and damages and missing the desk dialogue between Iraq and Kuwait

March 22 2011

The Iraqi-Kuwaiti Committee will proceed to its next higher Monday with the aim of resolving the remaining outstanding issues between the two countries.

Announcement for «morning» Attorney Selim Abdullah member parliamentary delegation who ended his visit to Kuwait on Monday.

He was speaker of the House of Osama alngivi and his Kuwaiti counterpart stressed Khorafi before concluding the visit, the need to cooperate in promoting mutual confidence and mutual understanding between the two countries is laying the groundwork for building a stable and positive relationship between them.

Read the rest of this entry »

[Striker]

Thanks Adam

[Old Guy]

Iraq-Kuwait committee meeting March 28th; Kuwait FM assures to help Iraq emerge from Ch VII sanctions

Posted: March 21, 2011 by THE CURRENCY NEWSHOUND - Just Hopin in Iraqi Dinar/Politics

Tags: Chapter VII, Council of Representatives of Iraq, Iraq, Iraq sanctions, Joint Committee, kuwait, Nouri al-Maliki, Saddam Hussein, sanctions, United Nations Security Council

0

* Saleem: Kuwaiti-Iraqi committee to discuss the problem of debt outstanding end of the current

Kuwait (news) .. ends the day the Iraqi parliamentary delegation headed by President of the Iraqi Council of Representatives Osama Nujaifi visit as a success to the State of Kuwait continued for three days. After an agreement to set up committees to discuss the outstanding problems between the two countries.

A member of the delegation, Dr. Salim Abdullah al-Jubouri, the Chairman of the Commission on Human Rights Council in close communication with him conducted by the Agency (news) today, said that the delegation will end the day visit to Kuwait that lasted for three days, calling the visit a success.

Read the rest of this entry »

Iraq and Kuwait set to meet next Monday

Posted: March 22, 2011 by THE CURRENCY NEWSHOUND - Just Hopin in Iraqi Dinar/Politics

Tags: Baghdad, Council of Representatives of Iraq, Hoshyar Zebari, House of Al-Sabah, Iraq, Joint Committee, kuwait, Sheikh

0

* Border and damages and missing the desk dialogue between Iraq and Kuwait

March 22 2011

The Iraqi-Kuwaiti Committee will proceed to its next higher Monday with the aim of resolving the remaining outstanding issues between the two countries.

Announcement for «morning» Attorney Selim Abdullah member parliamentary delegation who ended his visit to Kuwait on Monday.

He was speaker of the House of Osama alngivi and his Kuwaiti counterpart stressed Khorafi before concluding the visit, the need to cooperate in promoting mutual confidence and mutual understanding between the two countries is laying the groundwork for building a stable and positive relationship between them.

Read the rest of this entry »

Is this current or something from last year, it refers to a meeting that took place on Mar. 28th., that must be 2010, as Mar. 28th has not yet occurred, sorry, just not clear to me! Good things to all!

[Tom73]

OLD GUY has a good question. The way that I read the posting references March 28 (What Year)????

[chilli24]

The meeting is the upcoming March 28, from how I read it.

[Tom73]

does appear that the meetting is this upcoming March 28.

[new york kevin]

Wow this is fantastic news. While I have not read all the comments so far: the visa cards indeed will be a boom to the local iraqi economy giving people instant access to their revalued dinar, all the while starting the removal of the over abundance of IQD paper from the local economy. Further directing the country into a modern national and international banking system; like from the start. Something that must be done. Something that will only shore up the realistic value of the revalued dinar. Also starting the worldwide flow of cash into the Iraqi economy, from the outside. These steps will lead to the next step, by acting as the catalyst to pull the excess of IQD paper off of the world monetary market further reducing to much paper chasing a finite amount of value; gold, oil, etc. Allowing those of us who are choosing NOT to run down to the local commercial bank, or Ali's nearest cashing in center asap, to possibly gain a few more bones for our dinar when we cash our lot in. My father in-law might not care, but I do. Besides I will have to run around to the VIP suggested Estate Planning Attorney, Tax Attorney, Financial Planner, and CPA to set up everything so I can keep and maintain my money. Then its retirement and the mission field for me.

Kowabunga dudes and dudettes. As always understated, and always infered, thank you Adam M. How is that post R.V. cruise idea going?

Peace, love, happiness.

new york kevin

[Adam Montana]

thank you Adam M. How is that post R.V. cruise idea going?

Peace, love, happiness.

new york kevin

It's coming along well in my opinion, hopefully a reality soon for the VIP members.

[Mammaw]

Thanks Adam. I think the Visa that is good anywhere is a great sign that the RV is just around the corner. Why would they tease the people with a negotiable or ATM Visa if it weren't good anywhere else? Not reasonable. It HAS to be good anywhere....its VISA!!!

Can't you just smell the RV!!!!

Come on CRUISE!!!