8-27-2014 Newshound Guru Breitling

8-27-2014 Newshound Guru Breitling   After WWII did Japan and Germany have an advantage by a lower currency?  Yes Absolutely.  Why would Iraq raise their currency?  Wouldn't that take away their advantage?  They stated they wanted to make the IQD a world reserve currency and wanted their people to compete on a global scale.  Yes they needed to lower the currency…that's why we were able to buy it for a 10th of a penny…during the restructuring phase.  Why is Iraq going to raise the value of their currency?  Because it's only worth a 10th of a penny…sooner or later they have to increase it or their people will not be able to compete on the world stage.  For Iraq to get to the next stage they have to give their people purchasing power…The CBI needs the people of Iraq to have purchasing power to rebuild their infrastructure…so the people can bring home money from other countries in the region and start businesses etc…then we'll watch the country and wealth explode…it's going to be fantastic.

8-27-2014 Newshound/Intel Guru BGG

8-27-2014   Newshound/Intel Guru BGG    Market dropped to 1203 today - BIG FINANCIAL NEWS...puts them well within the required 2% range.    [Now it can happen at anytime, right?]  numbers wise - yes...the advertised and "market rate" can have no greater than a 2% difference and still be in compliance with IMF requirements to proceed to next status (article 8 - international acceptance).   For all practical purposes - they are there...it appears as though they are getting their financial house in order for something.

8-27-2014 Newshound/Intel Guru Arthur

8-27-2014   Newshound/Intel Guru Arthur  The lack of this Law has also caused a possible split between Kurdistan and Baghdad which would be catastrophic for our investment.  ...the deadline for the formation of the new government is 9/11 which will hopefully include the 2014 budget which will likely come before parliament in the next phase starting 9/2, and the long awaited and much needed HCL, along with the continually ameliorating security outlook, hopefully completing the economic and political climate necessary for the CBI/PTB to begin the final phases of economic reform including the revaluation of the IQD.  [post 2 of 2]

8-27-2014 Newshound/Intel Guru Arthur

8-27-2014   Newshound/Intel Guru Arthur   We now know from the various meetings and PM Designate Abadi press conferences that the negotiations between the blocs are "positive and constructive"; especially important and positive are the ones between Baghdad and Kurdistan.  Although the seating of the COM (Council of Ministers) is an important and necessary step, the most critical element of the political and economic stability compulsory for a potential currency revaluation is the HCL (Hydrocarbon Law). There is no way for oil officials in the provinces to rationally manage their particular sectors without this understanding between politicians and their parties therefore it would be virtually impossible to begin economic reform in earnest without this crucial contract since without it there could be no fair distribution of the countries enormous wealth potential.   [post 1 of 2....stay tuned]

8-27-2014 Intel/Newshound Guru Poppy3

8-27-2014   Intel/Newshound Guru Poppy3   DR SHABIBI HAS BEEN BEHIND THE SCENES ALL THE WHILE AND I HAVE STATED THAT SINCE HE WAS WRONGLY CHARGED.   HE HAS BEEN WORKING ON IRAQ'S BEHALF AT THE IMF AND HE, I AM SURE, HAS BEEN LAYING OUT THE PROCESS OF GETTING FINANCIAL REFORM STARTED AND FUNCTIONING ASAP. HE WAS PUSHING FOR THE RV BEFORE HE LEFT AND SAYING IT WAS NEEDED THEN AND Im sure he is pushing for turki to move on the process today.

8-27-2014 Newshound Guru Blueyesinlevis

8-27-2014  Newshound Guru Blueyesinlevis     He then cites the examples of Japan and Germany post WII.. which to me is VERY encouraging... it puts Iraq on a par with two very important historical examples of the US rebuilding powerful economies after winning a war with them. This statement is incredibly encouraging... especially on the eve of the new GOI formation...seated minister of defense and Security on the way .... The Kurds being handed the Ministry of Oil.... Maliki's obvious irrelevance.... Article 140 and the HCL on the front burner.... The news to day about them being close to Article 8 compliance... the list goes on.. and this statement from Shabibi can not be denied..."time is considered an important economic variable, and therefore is reduced to a primary goal."   [post 2 of 2]

8-27-2014 Newshound Guru Blueyesinlevis

8-27-2014  Newshound Guru Blueyesinlevis   [new guru]   Article:  "Economic performance in the development of Iraq did not materialize and the time lost a lot from him"  Quote:  "It is important to accommodate the importance of time, particularly as the previous period has been lost in terms of economic and productivity, and we now need to greater efforts and higher efficiency"  What I read Shabibi saying... was that much time was LOST... THAT time can NEVER be made up...and the result is that the cost of development a decade later ( NOW)...is higher than it would have been had the infrastructure and economy been developed correctly during the Reign of Stupidity and Corruption. I see Shabibi being very clear... time is wasting.. the time is NOW... let's not LOSE any more time. This means that the time is considered an important economic variable, and therefore is reduced to a primary goal.   [post 1 of 2....stay tuned]

8-27-2014 Newshound Guru Chattels

8-27-2014  Newshound Guru Chattels    Parliament passed no laws today [Monday] that i am aware of.  Ebadi announced no ministers today [Monday]...there is news that Ebadi may announce by Wednesday, but parliament is adjourned until the 2nd of september at this point.

8-19-2014 Newshound Guru Millionday

8-19-2014   Newshound Guru Millionday   Press Statement:  "The process of deletion of zeros from the national currency will begin during 2014, through an agreement with the central bank"  CONFIRMATION IS REAL THAT DURING THIS YEAR AND IN THE UPCOMING MONTHS...WILL SEE THE CHANGE IN THE RATE AND THE REMOVAL OF THE THREE ZERO CURRENCY -- THIS WAS ANNOUNCED IN A PRESS STATEMENT---THIS IS THROUGH THE POLICY OF CBI...THEY ARE WORRIED ABOUT FRAUD AND COUNTERFEITING BUT --- THE AMOUNT OF BILLS IN CIRCULATION WILL GO FROM 4 BILLION TO 1 BILLION ON THE STREETS --- THIS WILL ALSO BE DONE AT THE SAME TIME THE RATE AND VALUE WILL RISE  --- THE CURRENCY HAS TO BE ALL DONE AT THE SAME TIME ---

8-19-2014 Newshound Guru Aggiedad77

8-19-2014   Newshound Guru Aggiedad77   I am of the very strong belief and opinion that we are seeing great things from Iraq even in their choice of words...unity, corruption-free, integrity, competence, harmonious, cooperation and others...these are words that I honestly can't say that I've ever heard or read from Maliki...the times...they are a changing...even as we watch…the Iraqi's have everything in the world to be happy about...for me...I'm just HAPPY HAPPY HAPPY...