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  • Patrizia's Avatar
    Today, 03:56 PM
    As I read the article, I had to agree that they weren't ready....but as you say DI, the whole 2-year thing may be bs and I hope you are right also. I just don't know about Abadi yet. He has taken the ball and run with it, that's for sure, but he is still a member of Maliki's party and I continue to wonder how independent he will be. Thank you harry for your articles today.
    4 replies | 162 view(s)
  • harry's Avatar
    Today, 11:36 AM
    i think its saying that its can happen between now and 2 years in the medium range jmo
    4 replies | 162 view(s)
  • Dinar Investor's Avatar
    Today, 10:39 AM
    "The time is not ripe for the implementation of the policy of the central bank with regard to the deletion of zeros from the local currency, pointing out that the deletion needs to stabilize the security and political as well as economic stability. When is it ripe to delete the zeros then? When Abadi finally gets the interior and defense ministers in and they finally pass the budget and hcl? Seems like they are working on it already releasing new denoms, I call BS on the whole two year thing this article is stating IMO and I hope i'm right
    4 replies | 162 view(s)
  • harry's Avatar
    Today, 08:33 AM
    that "the times ahead may provide a base for building a new economy by changing the currency and delete the zeros of some of them."
    4 replies | 162 view(s)
  • harry's Avatar
    Today, 08:21 AM
    Unlike political economist on the deletion of zeros from the currency, and experts are putting the decision, however, the central CDs of the Iraqi currency in a bank Author: AHF, HH, MJ Editor: AHF, HH 9/20/2014 eleven fifty-eight Long-Presse / Baghdad Counting Economists, on Saturday, the deletion of zeros from the Iraqi currency trend "sensitive and dangerous" in light of the situation, which passes through the country, while others stressed that the process is left to the decision of the CBI for being concerned only in the monetary policy of the country, he stressed deputies in the Parliament on the need to The process of deletion of zeros according to the techniques and procedures intact. He said the former deputy governor of the Iraqi Central Bank Mazhar Mohammad Saleh in an interview to the (long-Presse), "The time is not ripe for the implementation of the policy of the central bank with regard to the deletion of zeros from the local currency, because this process needs for political and security stability, and Iraq today are exposed to terrorize large and fierce war , "noting that" the process of monetary reform of this magnitude take place in conditions of peace and economic growth, great. " Saleh added that "this issue is sensitive and dangerous and should be avoided, and can be applied at least in the medium term through the next two years." For his part, Undersecretary of the Ministry of Planning Mahdi Keywords in an interview to the (long-Presse), that "this issue is linked to the expertise and advice that enjoyed by the CBI when it decides to delete the zeros." He explained: "It perhaps this trend is not a priority for the central bank during this period," attributing it to "the lack of significant effects for the deletion of zeros on the overall economic activity now." He pointed out that the relationship "This measure is a phenomena that must pay attention to it Petrhik display the currency." For his part, President of the Association of Iraqi banks Adnan Chalabi said in an interview to the (long-Presse), "The process of deleting the zeros belonging to the Central Bank of Iraq alone," noting that "this process needs to techniques and technical aspects, we can not interfere with the central bank is alone on this It's because it is monetary policy. " In turn predicted MP Ali Fayad said in an interview to the (long-Presse), that "the times ahead may provide a base for building a new economy by changing the currency and delete the zeros of some of them." Fayad confirmed that "This measure will give durability and strongly hopeful Iraqi currency," stressing the need to "subject to mechanisms and relevant experts in the field of banking and monetary aspects of the economy, and must be accurate so as not to affect the local economy." For his part, former MP Abdul Xiaa Sudanese in an interview with the (long-Presse), said that "it is very important that the current government to delete the zeros from the currency," noting that "the previous government was not able to perform this operation, although it reached its final stages, but fell After that deteriorated the Iraqi currency in 2012. " He pointed out that the Sudanese "the deletion of zeros from the currency needs to stabilize the currency and this is currently available in Iraq." The Finance Committee of the House of Representatives unveiled in the former, (August 15, 2013), the postponement of the process of deletion of zeros from the currency until after the next parliamentary elections, while confirming that the government has demanded guarantees for the non-return of the currency markets and substituted falsified. The CBI emphasized, in the (April 25, 2013), that there is no intention at this time to restructure the currency and deleting three zeros of them, denying the reports in this regard. Referred to the General Secretariat of the Council of Ministers announced (April 12, 2012), wait for the application process to delete the zeros from the national currency, which had to stop all actions relating to the operation mentioned until further notice. It is noteworthy that some economists believe that Iraq is not formatted for the time being to delete the zeros from the dinar, pointing out that the deletion needs to stabilize the security and political as well as economic stability. The CBI emphasized, (in the July 3, 2013) that Iraq is "in control of his money and treasury of gold" in global banks, one of the acting out, denying "the existence of frozen funds outside the control of the Iraqi administration, " While revealed that the Bank reserves amounted to (76) billion dollars in the month of May last year, counting out of Chapter VII that "Iraq will allow for more freedom to act to attract foreign investment." The International Monetary Fund, announced, in the (March 23, 2013), that the financial balances preventive in the Development Fund for Iraq rose in 2012 to 18 billion dollars, and the cash reserves of the Central Bank of hard currency to 70 billion dollars, and pointed out that this increase came from the "revenue oil unexpected " , called on the Iraqi government to end the control of the state-owned banks on the banking sector, he stressed the need for the strengthening of Iraq's public financial institutions to ensure efficiency and transparency in the use of oil revenues. They expected the American Agency for International Development, in (December 3, 2012) that leads the Iraqi economy, the Arab countries during the five years, asserting that Iraq possessed all the qualifications to be a powerful country economically. Iraq is trying for years to attract foreign capital to develop its economy in the fields of industry, especially those related to oil, housing, and oil and gas extraction, and to his need of the funds needed for infrastructure development and reconstruction, but observers contend that the lack of interest of the state to the private sector and the absence of investment laws which guarantees large investors and the absence of Other laws are still obstacles to the development of the economy in the form required. Depends Iraq, which has the fourth largest oil reserves in the world at 95 percent of its annual budget on its oil exports and currently produces about 2.0009 million barrels a day, while the issue up to 2.0002 million barrels a day. The UN Security Council votes, Thursday (the 27th of June 2013), a unanimous decision to remove Iraq from Chapter VII, after more than two decades of sanctions imposed in the wake of which the invasion of the former regime of Kuwait in the second of August, 1990. http://www.almadapress.com/ar/news/37045/خلاف-اقتصادي-سياسي-بشأن-حذف-الاصفار
    4 replies | 162 view(s)
  • harry's Avatar
    Today, 08:19 AM
    Agenda for the meeting (17) Saturday (20) September 2014 20/09/2014 The third session of the parliamentary legislative year the first legislative term first First, read verses from the Koran. Secondly, swearing for ladies and gentlemen, members of the House of Representatives who were holding government positions and replacements for those who have held ministerial positions or the Vice-President of the Republic. Thirdly: Hosting Mr. Deputy Prime Minister for Cun Services Dr. Saleh al-Mutlaq to discuss the actions taken Higher Committee on Internal Displacement. http://ar.parliament.iq/LiveWebsites/Arabic/Container.aspx?EventID=5220
    0 replies | 42 view(s)
  • harry's Avatar
    Today, 08:14 AM
    Parliament postpones its 17th half an hour to lack of quorum Hall of the House of Representatives empty Author: HH, SSJ Editor: HH 09.20.2014 11:29 Long-Presse / Baghdad I decided Presidency of the Council of Representatives of Iraq, on Saturday, postponing the session of the 17th legislative term of the first legislative year, the first parliamentary session of the third half-hour, for lack of a quorum for the session. A parliamentary source said in an interview to the (long-Presse), "The House of Representatives Speaker Salim al-Jubouri, decided to adjourn the session of the 17th legislative term of the first legislative year, the first of the third parliamentary session scheduled for today, half an hour," attributing the cause to "a lack of quorum of the session. " The source, who requested anonymity, that "the agenda of the meeting includes swearing constitutional deputies who occupy government positions and replacements for those who have held ministerial positions or the House of Representatives for the President of the Republic, and host Deputy Prime Minister Saleh al-Mutlaq on to discuss the measures taken regarding the displaced." It is noteworthy that the Iraqi parliament lifted, on the first Thursday, (September 18, 2014), Session 16 of the first legislative term of the legislative year, the first of its third parliamentary session to Saturday, while the session witnessed postpone the candidates of the security ministries until the agreement of the political blocs on them, and vote to form a committee to make final recommendations for the development of the work of Parliament, and the designation of one of the members of the Presidency of the Parliament president of the Legal Committee. http://www.almadapress.com/ar/news/37121/البرلمان-يؤجل-جلسته-الـ17-نصف-ساعة-
    1 replies | 44 view(s)
  • harry's Avatar
    Today, 08:08 AM
    Liberals: American intervention in the war on terrorism aims to achieve a military presence in Iraq Editor Mustafa Saad - Saturday 20 September 2014 15:35 Alsumaria News / Baghdad considered the Liberal bloc in Parliament, on Saturday that the main goal of American intervention in the war on "terrorism" in Iraq to achieve a military presence for the long term with the consent of the Iraqis and the international community, as pointed out that American weapons processing depleted uranium caused disasters are real. Chief bloc Dhia al-Assadi during a press conference held today at the parliament building in the presence of the Vice-mass, attended by "Alsumaria News", "mass demonstrations that came out today began to reject and denounce the American intervention in Iraq, " pointing out that "the main objective of this intervention is to achieve a military presence with the consent Iraqis and the international community. " confirmed al-Asadi that "mass refuses to lead America's global war on Iraqi territory, because this presence does not serve the interests of the people," noting that "Washington wants to get the blessing and the consensus of the international community to stay in Iraq so proceeded to mobilize an international coalition to confront terrorism she created. " and added that "American foreign policy has hurt us was not one day working for the interest of Iraq and the region," noting that "the United States seeks to achieve its own interests only. " He Asadi that "all American arms address depleted uranium and cause disasters genuine regions and countries that go with the American forces. " Hundreds of supporters of the Sadrist movement, came out on Saturday, in a mass demonstration in central Baghdad to demand prevent the entry of American troops to Iraq under the pretext of fighting organization "Daash", as considered international intervention "unacceptable" as it affects the sovereignty of Iraq , confirmed that the security forces and the crowd People are able to end the presence of "Daash. " declared MP for the Liberal bloc Mazen Mezni, today announced the submission of a request to Parliament Speaker Salim al-Jubouri, to hold a hearing next Monday to discuss the American intervention and the Paris conference, and demanded to host one of the three presidencies in Congress and Foreign Minister to brief Parliament on the decisions. while assuring the Reform Movement, led by Foreign Minister Ibrahim al-Jaafari, today, that the ministry has succeeded in ensuring that international support is limited to providing air cover and aid in the field of armaments without any prejudice to the sovereignty of Iraq, as called for political blocs to support the efforts of The ministry in mobilizing the international coalition to fight "Daash." http://www.alsumaria.tv/news/111334/الأحرار-التدخل-الأميركي-في-الحرب-على-الإ/ar
    1 replies | 50 view(s)
  • harry's Avatar
    Today, 08:04 AM
    Parliament held its meeting under the chairmanship of al-Jubouri, and the presence of 214 deputies Saturday 20 September 2014 12:09 Alsumaria News / Baghdad The Council of Representatives, Saturday, its regular seventeen, headed by Saleem al-Jubouri and the presence of 214 deputies, as pointed parliamentary source that the meeting will host the Deputy Prime Minister Saleh al-Mutlaq to discuss the actions taken to the Supreme Committee on Internal Displacement. parliamentary source said in an interview for " Alsumaria News "," The House of Representatives held at noon today, its regular seventeen within the first legislative term under the chairmanship of President of the Council Saleem al-Jubouri and the presence of 214 deputies. " added the source, who requested anonymity, that "the agenda for the meeting includes the swearing-in of members of the Parliament who hold government positions and replacements for those who have held ministerial positions or the Vice-President of the Republic. " He said, "Today's meeting will see a host Deputy Prime Minister Saleh al-Mutlaq to discuss the actions taken to the Supreme Committee on Internal Displacement." and was chairman of the parliament decided earlier on Saturday ( September 20, 2014), to postpone the meeting of the Council seventeen half an hour to lack of quorum. decided Presidency of the Council of Representatives, Thursday (18 September 2014), the adjournment of the Council on Saturday, after the vote on the formation of a committee headed by the first deputy to make recommendations on research presented for the development of the work of Parliament, with a parliamentary source pointed out that it was decided that there will be a meeting of the committee in charge of the presidency with the formation of committees to resolve the issue of the committee chairs. http://www.alsumaria.tv/news/111311/البرلمان-يعقد-جلسته-برئاسة-الجبوري-وحضور/ar
    1 replies | 44 view(s)
  • harry's Avatar
    Today, 08:01 AM
    Abadi, describes the appointment of five thousand Maliki titled press to promote his mandate as a theft of public money Agency eighth day September 20, 2014, 13:40 BAGHDAD - ((eighth day)) A source in the Prime Minister's Office said Abadi faces a big problem, however, is to appoint former Prime Minister Nuri al-Maliki, more than five thousand people, most of whom do not have a high school diploma, titled "news" in the General Secretariat of the Council of Ministers and the Prime Minister's Office and the prime minister, offices and institutions associated with the Office of the President Minister, The source added that most of them were awarded degrees and careers of the Ministry of Finance on the permanent staffing of the state, and the job opened pages on social networking "Facebook" and to promote the state's third Nuri al-Maliki, and to comment on those pages with each other, with attacking the pages of parties and blocs national leadership competition and outs of the third term . He added that al-Abadi said this theft of public money and may not be survival, but he ran into a legal barrier where granting degrees Maliki mostly functional when it dominated the Ministry of Finance during the past four years. He stressed that the most prominent of those pages are "Nuri al-Maliki, the prime minister, mayor of the times, the Government of Iraq, supporters of the third term, al-Maliki, our leader, the third term is a constitutional right, all of Iraq with the third term, the Gospels, Forum Gospels, with dozens of websites of news and newspapers printed and distributed . http://8th-day.com/?p=72528
    0 replies | 45 view(s)
  • harry's Avatar
    Today, 07:55 AM
    Liberals: American intervention in Iraq aimed at long-term military presence Agency eighth day September 20, 2014, 15:49 Baghdad _ ((eighth day)) Considered the Liberal parliamentary bloc, Saturday, that the main goal of American intervention in the war on "terrorism" in Iraq to achieve a long-term military presence with the consent of the Iraqis and the international community, as pointed out that American weapons with depleted uranium processing and cause a real disaster. The head of the bloc Zia al-Asadi during a press conference held today at the parliament building in the presence of the Vice-mass, attended by the correspondent ((eighth day)) that "the mass demonstrations that came out today began to reject and denounce the American intervention in Iraq, " pointing out that "the main objective of this intervention is to achieve a military presence with the consent of the Iraqis and the international community. " The al-Asadi that "mass refuses to lead America's global war on Iraqi territory, because this presence does not serve the interests of the people," noting that "Washington wants to get the blessing and the consensus of the international community to stay in Iraq so proceeded to mobilize an international coalition to confront terrorism, which she created." Hundreds of supporters of the Sadrist movement, came out on Saturday, in a mass demonstration in central Baghdad to demand prevent the entry of American troops to Iraq under the pretext of fighting organization "Daash", as considered international intervention "unacceptable" as it affects the sovereignty of Iraq, confirmed that the security forces and the crowd People are able to termination of the existence of "Daash." http://8th-day.com/?p=72584
    1 replies | 50 view(s)
  • harry's Avatar
    Today, 07:51 AM
    Baghdad specialty trillion and 210 billion dinars for the implementation of service projects in the capital Agency eighth day September 20, 2014, 13:08 Baghdad _ ((eighth day)) Confirmed the province of Baghdad conducted to prepare next year's budget plan in 2015, which covers all sectors and elevate them after placing first allocation amounted Trliuna and 210 billion dinars. The governor of Baghdad, Ali Mohsen al-Tamimi, in a statement received by ((eighth day)) that "the plan next year include the sectors of water, sewage, municipal and local administration, as well as culture, urban planning and housing sectors and security." Tamimi said that "the initial allocation to monitor the amount of 449 billion dinars for the local administration and 171 billion for the Department of Water Baghdad and 255 billion for the streams of Baghdad, as well as 100 billion to municipalities and $ 50 billion for the health sector, and 80 billion for the education sector, in addition to monitoring of 80 billion dinars for the agriculture sector and 20 billion for youth and sports, and 4 billion for the culture sector billion and Urban Planning. " Stressing work on the allocation of funds to the sectors of security and housing. Tamimi revealed the presence of 400 projects from the plan this year, as it was completed and occupied Astmlakat statements and remained stage and then announced the assignment and direct. Because the plan includes infrastructure and residential units, schools, playgrounds and pools of water to eliminate water scarcity, pointing out that all the committees of the provincial council is working to identify projects for inclusion within this plan. http://8th-day.com/?p=72512
    1 replies | 36 view(s)
  • harry's Avatar
    Today, 07:48 AM
    Fix: help against al-Jaafari within "Daash" without prejudice to the sovereignty 2014/9/20 02:29:12 PM BAGHDAD / Wi-NewsConfirmed the Reform Movement, led by Foreign Minister Ibrahim al-Jaafari, Saturday, that the ministry has succeeded in ensuring that international support is limited to providing air cover and aid in the field of armaments without any prejudice to the sovereignty of Iraq. spokesman mainstream Ahmed Gamal, in a press statement, said that "what has been achieved in Conferences Jeddah, Paris and New York represents a promising start for the new Iraqi foreign policy in the interest of the country. " He continued beauty, "Iraqi Foreign succeeded in ensuring that support international military is limited to providing air cover and aid in the field of gear and weaponry and consultation mutual in the field of intelligence effort." said Jamal, that "this support is without any prejudice to Iraqi sovereignty by rejecting the existence of any forces military on Iraqi territory. " The spokesman called on the block al-Jaafari, "parliamentary blocs all political orientations to support the efforts of the Iraqi Foreign Ministry in mobilizing the international coalition to fight gangs Daash and not to leave Iraq alone generally this vicious attack." http://ynewsiq.com/index.php?aa=news&id22=9359&iraq=الإصلاح: الجعفري ضمن المساعدة ضد "داعش" دون المساس بالسيادة#.VB12k-l0yUk
    0 replies | 26 view(s)
  • harry's Avatar
    Today, 07:40 AM
    Trillion dinars to upgrade services in Baghdad 9/20/2014 0:00 The province is balancing the year 2015 and put the allocations of initial BAGHDAD - Wafaa Amer - Jinan Asadi embarked province of Baghdad to prepare a plan next year's budget in 2015, which covers all sectors and elevate them after placing the allocation of first reached Trliuna and 210 billion Danar. aota this at a time when, according to the Ministry of Justice that the 12 project to complexes judicial stopped working where because of a failure to approve the budget. development sectors governor of Baghdad, Ali Mohsen al-Tamimi said "morning": that "the plan next year include the sectors of water, sewage, municipal and local administration, as well as culture and urban planning sectors of housing and security," he said, adding Tamimi said "Personalization initial monitoring of the amount of 449 billion dinars for the local administration and 171 billion for the Department of Water Baghdad and 255 billion for the streams of Baghdad, as well as 100 billion to municipalities and $ 50 billion for the health sector, and 80 billion for the education sector, in addition to monitoring of 80 billion dinars for the agriculture sector and 20 billion for Youth and Sports, and 4 billion for the culture sector and one billion urban planning, while working on the allocation of funds to the sectors of security and housing ". oaaln the presence of 400 projects from the plan this year, as it has been complete Astmlakat land and statements and remained stage announced and then assignment and direct, as the plan includes infrastructure and residential units and schools, playgrounds and pools of water to eliminate water scarcity, pointing out that all the committees of the provincial council is working to identify projects for inclusion within this plan. negative impact In the same vein, Prime Services Authority parties in the Council Ali Alhegel "morning" that the delay in approving the budget negatively impacted in the early preparations for the departments of service as part of their season next winter. pointed Alhegel that the current situation has seen a breakthrough in the political arena through the quest to find the understandings and consensus, particularly with regard to the subject of the budget, calling for exceptions to the sectors of the service before the onset of the next year 2015 in order to speed up the upgrading of services through clean-up projects and the creation of sewage and open ports modern drainage rather than collected. between the security situation and the repercussions witnessed by the regions of the parties led to the deterioration of the level of service dramatically from what it was last year, noting that there are 33 projects in the areas of parties included within the budget of the year 2014 concerning the complexes of water, sewage and sanitation was announced 25 of them and the rest stopped due to lack of financial cover enough of it. complexes judicial For its part, reported the Ministry of Justice stoppage of 12 projects to build complexes judicial due to a failure to approve the financial budget for the current year 2014. Spokesman for the Ministry of Haidar al-Saadi said "morning" that the goal of the ministry is to reduce the momentum of Auditors departments of Justice, which suffers many of them cases of contention, as it has been initiated to implement many of the complexes of justice in several provinces, but work stopped because of a failure to approve the financial budget. between the Some of these projects reached the final stages of completion and stopped work in such a project departments of justice in Wasit Azizia which achieved a percentage of completion of 90 percent, while the percentage of completion in the departments of justice in Wasit NUMANIYA 86 percent, and project departments of justice Babylon 90 percent, and the construction of the complex forensic In Diwaniyah, 80 percent, indicating that the project rehabilitation ministry building old in the area of fitness ratio was accomplished 88 percent. adding that the percentage of completion of the project of expanding prison Nasiriyah central amounted to 51 percent, and Project Babylon Central 48 percent, while the percentage of completion in the complex circuitry of justice in Basra Courier 17 percent, and the percentage of completion of complex project circuitry justice in Najaf Manathira 25 percent, and Kufa, 80 percent, in addition to stop the project of establishing the position and Tasfirat Najaf, as well as complex project departments of justice in the Baghdad area Selakh which reached a completion rate of 40 percent. http://www.alsabaah.iq/ArticleShow.aspx?ID=78179
    1 replies | 36 view(s)
  • harry's Avatar
    Today, 07:34 AM
    Vice him: the Kurdistan Alliance will not reject a candidate for the defense and interior 09/20/2014 10:45 BAGHDAD - Al-Sabah said the Kurdistan Alliance MP Adel Nouri, that the Kurdistan Alliance will not use his right to reject any candidate raises from coalitions of national powers to fill the defense and interior portfolios, in order to proceed with the formation of the government is working to restore Iraq stable and free from terrorism. confirmed Nouri Center Brief for the Iraqi Media Network (IMN), said that "our alliance is not procrastinating vote, as claimed by some political parties, but we are excited to fatten these two ministries, because it is in the interest of the Iraqi people." said a member of the House of Representatives of the National Alliance, said that we are in the cluster support the nomination of the Secretary General of the Organization of Badr Hadi al-Amiri interior minister, for his vast experience and integrity, pointing out that the Ameri will repair would Ministry of the Interior. While the failure of a candidate Bag defense Jaber al-Jabri in a vote of confidence, as it did not obtain only 108 votes in Tuesday's session, as the failure of a candidate for the portfolio of the Ministry of Interior Riad Ghraib gain the confidence of the House of Representatives, after being awarded 117 votes out of 254 deputies attended the session, as well as the failure of the filter bag Tourism on the writer Neil confidence in the Council. http://www.alsabaah.iq/ArticleShow.aspx?ID=78199
    0 replies | 30 view(s)
  • Patrizia's Avatar
    Yesterday, 10:53 PM
    Well ok, harry, thank you for this. I'm not sure I could have made it through the article without your red highlighting.....
    2 replies | 223 view(s)
  • harry's Avatar
    Yesterday, 09:02 AM
    Abadi .. rejects the tutelage of al-Maliki! Dated: Thursday 18.09.2014 20:05 Revealed political sources close for repulsion relationship between the Prime Minister Haider al-Abadi and Vice President Nouri al-Maliki. President Nuri al-Maliki. , the sources said, "Abadi told al-Maliki not to exercise political pressure, because Hakptih ended in fiasco does not intend Abadi him back." came During the phone calls brought them in recent days, especially after the rejection of Abadi announced candidates for the ministries of security and some other ministries. "The Abadi subjected to political pressures many, the most prominent of al-Maliki and his wing of the Dawa Party WIN within the coalition of state law, especially since Abadi became prime minister What prevent al-Maliki to achieve goals only in the third term. " and said the "last thing practiced by al-Maliki of pressure was opposing the coalition granting Abadi, the Ministry of Interior to the leader of the Badr parliamentary Hadi al-Ameri, what has helped in the escalation of the crisis and the lack of ratification of the security ministries to this time," noting that "al-Maliki's proposal to Abadi not to grant the two ministries for any personal and sufficiency managed by proxy." In addition, source continued that "Abadi between the owners Linh rejects his tutelage, and the pressures exercised, because it will not do any good authority of the commander of the sole decision and implementation has gone with Hakptih years" . http://www.chakooch.com/news.php?action=view&id=5710
    0 replies | 125 view(s)
  • harry's Avatar
    Yesterday, 08:50 AM
    Presidency of the parliament: the resolution of the committee chairs named after the completion of the completion of the rest of the ministries Under section: political Dated: September 19, 2014 Baghdad / Iraq News Network confirmed the Presidency of the Council of Representatives, on Friday, resolving that naming the presidencies of the 26 permanent committees in the Council postponed until after completion entirely of naming government ministers, Prime Minister Haider Alebadi.oukal Council decision Niazi Ihsanoglu: "The Presidency of the Council of Deputies postponed Naming the presidencies of committees of the Council that they can be renamed all government ministers to hold the province between the minister and the committee that will follow up the ministry. "He explained Ihsanoglu that" the House of Representatives will be distributed to the committee chairs that will ensure that the chairs of each committee member of a different block for political bloc to which he belongs has Minister to be no control over the performance ". wanthy the House of Representatives earlier with members of the council are divided on Al328 committees Aldaśmma 26 in accordance with the rules of procedure of Parliament, while the unresolved label presidencies of committees because of political differences. http://aliraqnews.com/%d8%b3%d9%8a%d8%a7%d8%b3%d9%8a%d8%a9/%d8%b1%d8%a6%d8%a7%d8%b3%d8%a9-%d8%a7%d9%84%d8%a8%d8%b1%d9%84%d9%85%d8%a7%d9%86%d8%ad%d8%b3%d9%85-%d8%aa%d8%b3%d9%85%d9%8a%d8%a9-%d8%b1%d8%a6%d8%a7%d8%b3%d8%a9-%d8%a7%d9%84%d9%84%d8%ac%d8%a7%d9%86/
    0 replies | 70 view(s)
  • harry's Avatar
    Yesterday, 08:43 AM
    A coalition of the law is expected to resolve the naming security minister during the next ten days Agency eighth day September 19, 2014, 12:30 BAGHDAD - ((eighth day)) Predicted MP for the coalition of state law, Ali Faisal al-Fayad, naming Marchieddi resolve the security ministries during the next ten days. Fayad said that "consultations are continuing between the political blocs involved in this matter and there is a clear consensus on the choice of an efficient professional independent personalities to fill important positions." Fayad added that "the conditions experienced by the country do not bear the delay it too much and must be settled within a period not exceeding ten days of the week or the next." The House of Representatives failed to vote on the candidates for the ministries of interior and defense Riad Ghraib Jaber al-Jabri in the meeting, which was held Tuesday under the chairmanship of Salim al-Jubouri, head of the Council and attended by Prime Minister Haider al-Abadi. http://8th-day.com/?p=72401
    0 replies | 83 view(s)
  • harry's Avatar
    Yesterday, 08:39 AM
    Talabani receives Abadi in Sulaymaniyah BAGHDAD / newspaper rectitude - His former president, Jalal Talabani, on Friday, Prime Minister Haider al-Abadi in the province of Sulaymaniyah. A statement by the Patriotic Union of Kurdistan (PUK), received (newspaper rectitude) a copy of it today, "President Jalal Talabani, received at his residence in the city of Sulaymaniyah, Prime Minister Haider al-Abadi." He noted that "the political bureau of the Patriotic Union of Kurdistan in Sulaimaniyah, a meeting will be held featuring a number of officials in the presence of Abadi to discuss a number of important issues at the level of the region and Iraq." The Prime Minister Haider al-Abadi, on Friday to Sulaimaniyah province across Sulaimaniyah International Airport where he was received by a number of officials of the Patriotic Union of Kurdistan (PUK), to discuss a number of outstanding issues between the center and the region, including the salaries and employee benefits.http://alestiqama.com/?p=120396
    1 replies | 75 view(s)
  • harry's Avatar
    Yesterday, 08:35 AM
    Vice Kurdistan: round of negotiations with Abadi begin in the next two days BAGHDAD / newspaper rectitude - The MP said the Kurdistan Democratic Party and the Shahe Abdullah, said that the next round of political negotiations between the delegation of Kurdistan and the Prime Minister Haider al-Abadi will take place in the next two days, revealing that it will include a number of ministries that grew and grew Kurds in the next government. Abdullah explained in a press statement, that "the Kurdistan delegation will discuss with Prime Minister Haider al-Abadi issue of the participation of Kurdish alliance forces in the government or non-participation, as well as the names of the ministers discuss the Kurds who will participate in the government, either to retain the ministers who called them Abadi, or change them." And members of the House of Representatives to grant confidence to the government of Prime Minister Haider al-Abadi on the eighth of September of this, but the minister did not perform the four Kurds oath in the House of Representatives, and still visited and administered by the Prime Minister Bolokulh.anthy 7 http://alestiqama.com/?p=120381
    0 replies | 50 view(s)
  • harry's Avatar
    Yesterday, 08:26 AM
    Iraq loses appeal in federal court to sue American companies 14 / Sep / 18 Erbil, September 18 / September (PNA) - A federal appeals court has rejected an American today, Thursday, Iraq's attempt to prosecute dozens of companies accused of conspiring with Saddam Hussein's regime to sabotage the oil for food program, which was decided by the United Nations to provide goods for Iraqis during the years of international sanctions. The verdict before the court and the consent of the New York-based judges rejected the third. The court said that the verdict of the reasons that the Iraqi government can not obtain compensation under American law to combat extortion because they are still responsible for the efforts of the regime of Saddam Hussein to circumvent the United Nations Programme on with it renounced those efforts and denied the legitimacy of the regime. The appeals court said in a unanimous vote that Iraq can not also institute proceedings under federal law for foreign corrupt practices, saying that the clause in the anti-bribery law does not allow individual litigation. The papers included a case which was held in 2008 the names of 80 companies, including American companies, British and French. The value of the oil for food program of $ 64.2 billion and continued between 1996 and 2003.Iraq has said that circumvent the program by the Saddam regime and the companies missed ten billion dollars on the Iraqi people. http://www.peyamner.com/Arabic/PNAnews.aspx?ID=346467
    0 replies | 69 view(s)
  • harry's Avatar
    Yesterday, 08:17 AM
    Postpone the choice of the ministers of defense and interior Iraqis indefinitely 14 / Sep / 19 Erbil, September 19 / September (PNA) - at a time in which he announced Iraqi Prime Minister Haider al-Abadi his lack of any new date for ending the crisis, security bags after parliament rejected last Tuesday, giving confidence to the candidates for the posts of defense (Jaber al-Jabri - an alliance of Sunni forces) and internal (Riad Ghraib - Shiite National Alliance), the Parliament Speaker Salim al-Jubouri, he decided to leave the other ordered the two ministries until the agreement of the political blocs on them. Jubouri this decision came during a session of Parliament, yesterday, during which the agenda of the special paragraph asking the names of the ministers of security, at a time when al-Jubouri said in a press conference yesterday that he would end what he called the «state agency». It was al-Jubouri, gave during a session last Tuesday Prime Minister Abadi until yesterday to choose the ministers of security, but Abadi announced before the Parliament that he would not commit to any pledge anymore, while expressed his unwillingness to assume my responsibility in the defense and interior. The Iraqi Vice President Iyad Allawi to nominate ministers of security is a delicate and requires careful consideration. Allawi said via his page on the site «Facebook» that «naming ministers of the security ministries is accurate, and this calls for prudence in the selection of the characters, as the lack of clarity of policy in the previous stage was the obstacle in front of the security institution, and not knowing the background of Ministers nominated by it may be why not give them the confidence ». While she returned differences within the alliance forces Iraqi Sunnis over the candidate for the defense portfolio after the failure Jaber al-Jabri in a vote of confidence in parliament, the differences within the National Alliance bloc Shiite began widening a way that threatens the unity of the alliance which is witnessing today setback, his second after what he suffered through the exclusion of Nuri al-Maliki of the third-term prime minister. According to the announcement by the leader of the bloc united internalized in alliance Iraqi forces, Mohammed al-Khalidi, in a statement to the newspaper «Middle East», the «put the name of al-Jabri in parliament for a vote of confidence was not the subject of consensus among everyone, and therefore did not get the required percentage, which means reconsideration of New », stressing that« coalition forces will re-nomination of Khalid al-Obeidi as defense minister and perhaps other names, noting that al-Obeidi was the subject of consensus until the last session, in addition to that, a former military nor reproach him ». But a member of the Iraqi parliament from the same coalition Raad Aldhlki was reminded that «Jabri will remain is the candidate, because the reason for not obtaining the necessary votes is not due to dissatisfaction with Parliament with him, or because of a problem related to Bmelvh, but because his name is linked to a candidate of the Ministry of the Interior by the National Alliance , and since the problem within the National Alliance originally illusion majority in parliament (170 deputies), they did not vote for the two names together awaiting the resolution of their candidate ». At the level of the National Alliance, and according to confirmed by a member of the Iraqi parliament for the Liberal bloc of the Sadrist movement Prince Kanani, the «disputes within the National Alliance on a candidate for the inner bag began to widen, especially after it was put up Riad Ghraib, which is one of the (state law) and backed Mr. Abadi himself despite the fact that his name was put forward as an independent person ». Kanani said that «the concept of independence here, minus completely, because we know the characters candidate within the National Alliance, including where they see an independent, but in fact her close to some of the blocks, some even arrived at the Parliament with the support of the masses and the people in those blocks and ballots, which loses The concept of independence », indicating that« National Alliance is governed by two issues either go to points for each block of the block or go to the selection of an independent person ».He explained Kanani that «in case the nomination in accordance with the points of the blocs of the Liberals (a subsidiary of the Sadrist movement) and the Badr Organization are entitled to nominate character of them, and in case Go to independence, the names circulating are not independent, which is threatening the unity of the National Alliance in the case skip the elections for (Badr) or (Liberal) ». http://www.peyamner.com/Arabic/PNAnews.aspx?ID=346483#
    0 replies | 70 view(s)
  • harry's Avatar
    Yesterday, 08:08 AM
    its sure would be nice if iraq was capable of doing this again the year 1988 and calculated on the basis of 2 dinars to the dollar,
    2 replies | 223 view(s)
  • harry's Avatar
    Yesterday, 07:52 AM
    Dr. Ahmed Ali Abrihi *: the exchange rate and inflation in the years of siege - published in 09/12/2014 To download the file search PDF format Click here Receive experience siege spotlights the importance of foreign currency in the economic life of Iraq and go out the analysis below to the exchange rate in those years and published in the official documents, the lowest of the exchange rate in the parallel market, at the time. And the difficulty of accurate data on Iraq's foreign trade broken down by countries This analysis is based bilateral real exchange rate between Iraq and the United States. And as long as the exchange rate is known units of the Iraqi currency against the dollar also enters the general index of prices in Iraq than in the United States to calculate this indicator. It uses the bilateral real exchange rate, here, to measure the extent to stay away from purchasing power parity, which would check the real exchange rate remains constant. This index is the exchange rate of the dinar against the dollar any inverse reading accepted for exchange rate and the purchasing power of fixed units and is calculated by the following equation: / CPI USA ) Re = (1 / E) (CPI Iraq Re where the real exchange rate of the dinar against the dollar, E the nominal exchange rate to the dollar in Iraqi dinars, CPI Iraq price index in Iraq, CPI USA price index in the United States. And that after the unification of the base year for the price indices in the two countries, and the real exchange rate of the base year prices. And the usual display on the real exchange rate at a record level of any real exchange rate relative to the base year: x100% (Re t / Re 0 ) symbolizes the margins where t and 0 for the years and comparative basis, respectively. And the table below provides the real exchange rate of the Iraqi dinar based on three years: 1988.1991,, 2007. . And as long as the real exchange rate expresses the international competitiveness of Iraq, the increase according to the deterioration of the ability of competitive, ie, whenever exceeded the real exchange rate of the Iraqi dinar level of purchasing power parity became a national production of goods and services tradable International is unable to compete with goods and services in foreign home and facing increasing difficulties in breaking into foreign markets. At the same time, the higher the real exchange rate of the Iraqi dinar has become the imports of goods and services relatively cheaper. That any rise in the real exchange rate weakens the productive investment activity in the home and thus the ability of the economy to create new jobs and these symptoms of Dutch disease. But, also, the consumer benefit from lower prices for goods and services imported and this is a tangible benefit immediately and directly and comprehensively to all individuals, while the fruits of investment activity affects the national economy and the total community and as a college and most of those fruits deferred. And therefore complicit individuals in their individual capacities and decision makers who seek to satisfy them to devote Dutch disease at the expense of the future of Iraq and Iraq generations and generations to come. At the time of the siege dinar dollar rose rapidly and accelerator, but on the other hand was inflation reduces the purchasing power of the dinar exchange rate of the dollar, and collected expressed the real exchange rate of the Iraqi dinar. And calculations show that we had dropped it when adopting the 1988 figures as a basis for the standard. And reached by a lower real exchange rate of the Iraqi dinar, which in 1994 amounted to 39.7 percent of the level in 1988 and 62.18 percent from the level in 1991 and 8.92 percent from the 2007 level. Any that exchange between Iraq and the world in those years was much undervalues ​​Iraq, and at the same time increased the ability of Iraq's international price competitiveness. Iraq and did not benefit from this opportunity to establish the elements of national capacity in the independent technology and manufacturing. But there have been signs on the accumulation of skills in the management and organization of building and pays tribute to a great and high requirements and in other areas on a limited scale. And calculates the exchange rate in the parallel market, as it is, will the real exchange rate of the Iraqi dinar even lower, and what is being said or inferred about the impact of the exchange rate in the rest of the variables have the most with the parallel exchange rate. The decline in the real exchange rate days blockade represents an opportunity to compensate for the imports and exports of openness toward the atmosphere may Diatha siege itself and the extreme scarcity of foreign currency. Because of the severe scarcity of foreign currency has drawbacks, such as the development of abundance excess. Although the actual direct implementation of the oil for food program began in 1997, the optimistic expectations on the impact of the agreement between Iraq and the United Nations, in 1996 led to a reduction of the nominal exchange rate of foreign currency in that year a lot. And provided a glaring example of this decline on the role of expectations changing exchange rates of about 3000 dinars to the dollar to about 400 dinars to the dollar. Another issue and have profound implications in the understanding of the experience of the Iraqi economy and enrich the knowledge of the economic, but the movement is instant and commodity prices all behind the exchange rate. And Iraq has begun to gradually regain normal characteristics of the oil economy. And until 2003, Iraq did not retrieve the real exchange rate for the year 1988 and calculated on the basis of 2 dinars to the dollar, which is higher than the official exchange rate much. And noted that a lot of inflation reduce the real value of the dollar dinar, has become the nominal exchange rate of the Iraqi dinar in 1994, about 4.4 percent of what it was in 1988, but the real exchange rate, as above, 39.7 percent. In the experiment after the blockade is necessary to pay attention to the impact of inflation in raising the real exchange rate of the Iraqi dinar, and while the impact of inflation, from this angle, a positive time of the siege, the exaggeration in the exchange value of international real Iraqi dinar became negative in recent years due to inflation. I've moved the nominal exchange rate of the dollar against the dinar faster than the rate of inflation between 1988 and until 1995, and since 1996 accelerated the rate of inflation and did not exceed the rate of exchange until 1998 that reached him in 1995 because of the trauma positive for the Convention on the oil-for-food, and remained between 1999 and 2003 a close between 1930 and 1963 dinars to the dollar and fell later, as we shall see. Experience has shown the blockade compared to what then thread inflation and the exchange rate when the economy works under the under the balance of payments and the economy to be free from this constraint ever-correlation between inflation and the exchange rate. Therefore it seems that the exchange rate is the one who led inflation likely, the beginning of the siege, as stating the equation below, which linked the annual change in the index of consumer prices delcp with the annual change in the exchange rate (dinars to the dollar) delex and change the backward exchange rate delex-1 and time t. And if it can not prove the co-integration of the small sample, there remains any doubt as it may be a real regression. But tests in favor of safety. Private and that differences in order to avoid the problem of root mono and autocorrelation : delcp t = - 0.345 + 0.929 delex t -1 + 0.0435 + 0.209 delex did R-Sq = 98.8%; R-Sq (adj) = 98.3%; Durbin-Watson statistic = 2.03764 And we include t tests for fixed and regression coefficients, respectively, from left to right 2.56-, 16.53, 3.83, and 3.27, which indicates that the estimates and moral significance levels: 0.04, 0.00, 0.01, 0.01, respectively, confirming its safety. The evolution of the exchange rate of the Iraqi dinar between 1988 and the end of the siege Variables Year Price Spending Dollar Dinars 1 No. The standard Prices Consumer In Iraq 2 No. The standard Prices Consumer In States United American 3 Relative prices A ratio of 2 3 Percent 4 Exchange rate Real Dinar 5 No. The standard Exchange rate Real dinars The base year 1988 6 No. The standard Price Exchange Real Dinar Year Basis 2007 7 1988 2 21.6 68.9 31.35 156.8 100.0 22.5 1991 10 100.0 100.0 1.00 100.0 63.8 14.4 1992 21 183.3 103.0 1.78 84.7 54.1 12.2 1993 74 555.6 106.1 5.24 70.8 45.1 10.2 1994 458 3100.0 108.9 28.48 62.2 39.7 8.9 1995 1674 14594.4 111.9 130.41 77.9 49.7 11.2 1996 1170 12455.6 115.2 108.13 92.4 59.0 13.3 1997 1471 15327.8 117.9 130.02 88.4 56.4 12.7 1998 1620 17594.4 119.7 146.97 90.7 57.9 13.0 1999 1972 19805.6 122.3 161.89 82.1 52.4 11.8 2000 1930 20794.4 126.5 164.44 85.2 54.4 12.2 2001 1929 24194.4 130.0 186.09 96.5 61.5 13.8 2002 1957 28872.2 132.1 218.58 111.7 71.3 16.0 2003 1963 38577.8 135.1 285.49 145.4 92.8 20.9 Source: Based on data prepared by the Central Bureau of Statistics and Information Technologies and the American Federal Reserve and N. Central Bank of Iraq . I've traded interested in the cash economy, the time of the siege that excessive monetary expansion and inflation bug was the deterioration of the exchange rate of the Iraqi dinar, but the indicators below indicate lower cash balances true in that period. They have become less in 2002 than it was in 1991, less than half, and in 1995, about five in the sense that the increase in the money supply was less than the rate of inflation, a large margin. And it is not uncommon lower cash balances real with constant volume of real income or increase it and "not uncommon this" and that I found in the statements of other countries, of the arguments advanced by Romer to indicate that the money bug inflation in the long term (Romer, p 515). And if we assume that estimates of real GDP and final audited, it means a significant increase in the speed of rotation of the money as shown in the table below. However, the jump in the speed of rotation of money that appeared in the year 2000 relate to, perhaps, running for renewed crude oil exports, which lifted GDP at current prices. And likely explanation for the movement of monetary variables in the time of the siege, which deserves further lesson: that the exchange rate led inflation, and the response of the general budget of glacial and partial, and this was not the money supply abreast of inflation, but behind him, because government spending that was financed with loans from the the central bank is specified for the money supply. Interestingly, government spending remained determinant of money supply: at the time of the siege across paragraph net domestic credit in the monetary base, and after the siege net foreign assets of the central bank and that Pena how to accumulate due to government spending financed by the oil supplier. And the fact that oil supplier and the use of it remained outside the budget because of the financing system of oil for food program and the circumstances of the siege Otherwise, it may have affected those exceptional situations on the data itself, apparently. The resulting time and money siege Year GDP Total At current prices Billion dinars Money sense The narrow M1 Billion dinars Speed ​​Velocity Record GDP Real Record For real cash balances 1991 21.31 24.67 0.86 100.000 100.000 1992 56.81 43.91 1.29 125.666 97.085 1993 140.52 86.43 1.63 186.816 63.062 1994 703.82 238.90 2.96 178.121 31.238 1995 2252.26 705.06 3.19 145.582 19.583 1996 2556.31 960.50 2.66 217.812 31.258 1997 3286.93 1038.10 3.17 265.498 27.453 1998 4653.52 1351.88 3.44 261.431 31.145 1999 6607.66 1483.84 4.45 302.384 30.369 2000 50213.7 1728.01 29.06 594.109 33.684 2001 41314.57 2159.09 19.14 607.854 36.173 2002 41022.93 3013.60 13.61 565.778 42.309 Source: website of the Central Bureau of Statistics and Information Technology, and the website of the Central Bank of Iraq. The above table shows the following diagram and how that cash balances remained without a real increase but decreased from what it was in 1991 and this guide, on government spending and the money supply Thrkia slowly behind the sharp deterioration in the exchange rate of the Iraqi dinar and who was the leader of prices by regression analysis and experience of those years from pension and accident collapse in prices expectations in 1996 and named after the popular vocabulary "medicines" open signifier and stillness waw and that means the collapse of the detonator. Real output and cash balances in real time of the siege in Iraq The years 1991 - the 2,002th http://iraqieconomists.net/ar/2014/09/12/%d8%a7%d9%84%d8%af%d9%83%d8%aa%d9%88%d8%b1-%d8%a3%d8%ad%d9%85%d8%af-%d8%a5%d8%a8%d8%b1%d9%8a%d9%87%d9%8a-%d8%b9%d9%84%d9%8a-%d8%b3%d8%b9%d8%b1-%d8%a7%d9%84%d8%b5%d8%b1%d9%81-%d9%88-%d8%a7%d9%84/
    2 replies | 223 view(s)
  • harry's Avatar
    Yesterday, 07:41 AM
    A diplomatic source: Al-Maliki accused in six cases of French courts Agency eighth day September 19, 2014, 14:11 BAGHDAD - ((eighth day)) Diplomatic source at the Iraqi Embassy in France, the presence of six charges against the Vice President Nouri al-Maliki in the French courts. The source said in his speech () that "some refugee families to France has filed six lawsuits in French courts against Nuri al-Maliki, adding that these charges, including the seizure of some real estate by his relatives and Aaśtlh to favor private. He added, that the most important reason for these charges as the largest in the displacement and the displacement of minorities because the Commander in Chief of the Armed Forces. The French President Hollande Maliki refused to attend the lunch with Prime Aljkhoria Fuad Masum, two weeks ago because of the presence of those charges. http://8th-day.com/?p=72420
    0 replies | 124 view(s)
  • harry's Avatar
    Yesterday, 07:37 AM
    Three presidencies agree to unite her to overcome the obstacles 2014/9/19 06:52:27 AM BAGHDAD / Wi-News Iraqi leaders agreed on the need for the three Tkacvha and unifying rhetoric and efforts to overcome the obstacles that hinder the progress of the political wheel and coordination between the legislative and executive authorities in order to pass important laws. According to a statement issued by the Presidency of the Republic of Iraq, he was "at the invitation of President of the Republic Fuad Masum, held at the Peace Palace in Baghdad on Thursday evening, 9/18/2014 first meeting after the formation of the government includes three presidencies, where he met with President of the Republic deputies and the prime minister and his deputies, the parliament speaker and his two deputies, within regular meetings for the three presidencies. " The statement noted that "During the meeting discussed the overall political and security situation and economic on the Iraqi arena and to discuss ways of activating the real cooperation between the three presidencies and unify efforts in order to serve the people and provide the requirements of a decent living for them." The meeting agreed on "the need to unite the three presidencies and unifying rhetoric and efforts to overcome the obstacles that hinder the progress of the wheel and political coordination between the legislative and executive authorities in order to pass important laws pending that aim to improve the economic situation in the country and insurance requirements promote unity and national cohesion and the success of the Government of Unity and National Partnership and including confirms High sense of responsibility towards the security situation, especially in areas that are still under the control of terrorist gangs Daash. " With regard to international support to confront Daash has welcomed the meeting of this support and attribution that does not affect the sovereignty of Iraq and its unity and in agreement with the Iraqi government nor connects Iraq's political blocs, regional or international, according to the statement. http://ynewsiq.com/index.php?aa=news&id22=9301&iraq=الرئاسات الثلاث تتفق على توحيد خطابها لتذليل العقبات#.VBwilel0yUk
    0 replies | 121 view(s)
  • harry's Avatar
    Yesterday, 07:31 AM
    Abadi in Sulaimaniya to meet with Talabani 2014/9/19 01:13:15 PM Sulaymaniyah / Wi-News Iraqi Prime Minister Haider al-Abadi, on Friday, to the city of Sulaymaniyah, to visit former President Jalal Talabani. A member of the Steering Committee for the Patriotic Union of Kurdistan (PUK) Mustafa Georh Shaka in a statement, "The Prime Minister Haider al-Abadi today visited the city of Sulaimaniya, who is now visiting President Mam Jalal". He stressed that "Abadi will meet later with the political bureau of the Patriotic Union of Kurdistan." http://ynewsiq.com/index.php?aa=news&id22=9309&iraq=العبادي في السليمانية للقاء طالباني#.VBwhkel0yUk
    1 replies | 75 view(s)
  • Busyman's Avatar
    09-18-2014, 07:40 PM
    I am not sure what the purpose of the 50,000 note would be, if in fact it is issued, but I subscribe to the thought that in country the currency change may seem or may even be a LOP. Old articles have stated that a 25,000 note would be equal to 25 note and would run parallel for a period of time (in country). So if they do issue smaller denoms such as a 1, 5, 20, etc what would those be worth? So in my view the value of the dinar should have to raise( at current international rate the 1 dinar note would be worth .00086 cents) So with that said, as long as the dinar currency outside the country is still convertible (assuming it does go international) we need to only be concerned about what the exchange rate with the USD will be, so if the exchange rate does rise to .86 a 25,000 dinar note would equal $21,500.00. I am very open for comments and feedback on this. Thanx ....busyman
    12 replies | 837 view(s)
  • mikeC's Avatar
    09-18-2014, 04:33 PM
    When we all hope to see small denominations going into circulation and then see this potential of larger denomination going into circulation it has a disconcerting effect that makes some skeptical... to some it might make them change plans of pursuing this as an investment. Perhaps just food for thought, maybe this is the purpose of this article... To spread disinformation? After all this is not the first time we have seen the potential of the 50K denom entering circulation, yet they never have as far as I know in my last 7 years. This may be a legitimate action they are taking and maybe not? If this was legit, the rational for doing so was clearly stated as an anti-fraud/counterfiting measure. If it was disinformation to limit more speculation well that should surprise few of us. Stand-Firm, hold your ground! Thank you Med & Mods for all you do, your efforts are greatly appreciated! Blessing fellow DS folks, mikeC
    12 replies | 837 view(s)
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