Monday, January 6, 2014

1-6-2014 Newshound Guru Tlar

1-6-2014   Newshound Guru Tlar   The Bank of International Settlements (BIS) is this month for the first time accepting the dinar as deposits. The new smart card is being issued which will allow for Iraqis to get paid in something other than cash. This is also the month Iraq becomes a donor nation (IMF).  The WTO met to determine whether or not Iraq will be admitted for full membership on Dec29th. There has been no announcement of the results of this meeting as of yet. Remember the WTO had told Iraq in 2010 that they wanted to see the dinar close to the value of a dollar before they would be admitted to full membership.   [post 2 of 3....stay tuned]