Posted Today, 03:49 AM
Scooter chat on the articles below, explains where we’re at right now. Enjoy.
Scooter chat on the articles below, explains where we’re at right now. Enjoy.
CBI decides to restructure the Iraqi currency
Nboalabaria | -
Central Bank of Iraq, “he decided to restructure the local currency in order to develop the payment system in the country.
Central Bank of Iraq, “he decided to restructure the local currency in order to develop the payment system in the country.
The appearance of Mohammed Saleh, “The Central Bank of Iraq has decided to start the execution of the strategic and long-term specialized restructuring of the local currency to the development of the payments system in Iraq.
He added that the central bank will raise the level of local currency and the currencies of developing a new approach to reach U.S. $ 100, which would address the economic gap in the financial payments system in the country.
He said the project for restructuring the local currency, which started gradually need to support the government and Parliament that it will hold purchasing power compared Palmdjulat economic development.
LINK
Section Economic News Added by nabaa Views 54 Date Added 22/06/2011 – 03:41 Last Updated 01/07/2011 – 08:46 Nboalabaria | – Ahmed Gomaa
He is an economist “on the need to study the decision before the issuance and especially economic because it reflected negatively in the future if it were not informed the right way, and expected rise in property prices because of the advance (100) salary.
Said one expert, “The decision to distribute loans will raise real estate prices due to increased demand and tight supply.”
It is noteworthy that the Ministry of Finance plans to launch an advance “100 Pay” soon,
The expert explained: “The economic decisions must be studied to find out what are the implications of pumping billions of dinars on the Iraqi market and on inflation, calling for the need fits in with the amounts provided to the actual production.”
And referred to the “government to not possess a coefficient of construction materials so that they can control prices, however, now become the private sector here and parasites will enter the market and will show negative effects on the economy.”
He is an economist “on the need to study the decision before the issuance and especially economic because it reflected negatively in the future if it were not informed the right way, and expected rise in property prices because of the advance (100) salary.
Said one expert, “The decision to distribute loans will raise real estate prices due to increased demand and tight supply.”
It is noteworthy that the Ministry of Finance plans to launch an advance “100 Pay” soon,
The expert explained: “The economic decisions must be studied to find out what are the implications of pumping billions of dinars on the Iraqi market and on inflation, calling for the need fits in with the amounts provided to the actual production.”
And referred to the “government to not possess a coefficient of construction materials so that they can control prices, however, now become the private sector here and parasites will enter the market and will show negative effects on the economy.”
Section Economic News Added by nabaa Views 24 Date Added 01/06/2011 – 05:35 Last Updated 01/07/2011 – 00:50
News news | – monitor
A member of the Finance Committee in the House of Representatives Ibrahim al-Mutlaq said the parliament will discuss after the end of his vacation mid-month bill pay scale for new employees.
News news | – monitor
A member of the Finance Committee in the House of Representatives Ibrahim al-Mutlaq said the parliament will discuss after the end of his vacation mid-month bill pay scale for new employees.
Mutlaq said that (the Commission and after a study of staff salaries and stood on the many cases to accommodate the audit, including the lack of differences in salaries between those with graduate degrees and salaries of employees simple do not hold qualifications to receive such salaries, and this point we noticed oppressive great for the owners of certificates and qualifications to the committee decided to reconsider the subject and give them their rights). He said al-Mutlaq said the Committee (which discusses the peace of the new salaries and the development of its clauses decided taking into account the length of service, severity and type of work and Almath which are also very important calculates salaries according Aaleghanon new) He said (a lot of employees who receive far higher salaries may resort to reduction of their salaries to achieve justice and will be put the law into effect after a debate in parliament).
And on the increase that will occur on the salaries of staff, said al-Mutlaq (I can refer to that because we in the Commission seek to be a new peace in the interest of state employees in line with their pension).
He said al-Mutlaq said (the Commission is serious also in the introduction of a Bill retired New on the House floor after the recess the middle of this month and is the most prominent features of equal pensions before 2006 with retired after this date and this will lead to half the largest segment of retirees will increase their salaries
LINK
[3:58:26 AM]Scooter: Let's try that
[3:58:27 AM]Scooter: OK
[3:58:31 AM]MrRich: trying
[3:58:32 AM]MrRich: lol
[3:58:33 AM] BanG: Im here
[3:58:38 AM]Scooter: hahahahah
[3:58:42 AM] Scooter: OK
[3:59:16 AM] Scooter: that article is saying, essentially that they will be mimicking their structural changes very similar to the USD
[3:59:35 AM] Scooter: whereby the 100 dollar bill or the 100 dinar bill
[3:59:36 AM]Scooter: but remember
[3:59:47 AM] Scooter: what's real
[3:59:48 AM]MrRich: there is no 100 dinar bil
[3:59:49 AM]Scooter: nothing bad
[3:59:55 AM]Scooter: hold on
[4:02:16 AM] Scooter: and yes inflation is rising quickly
[4:02:18 AM] Scooter: in iraq
[4:02:30 AM] BanG: Yes that is the question I thought you were asking me a new Q? Do you think this is the RV?
[4:02:54 AM] BanG: regarding the 100
[4:02:57 AM]Scooter: no
[4:02:59 AM] Scooter: not at all
[4:03:07 AM] Scooter: What they are saying is this
[4:03:07 AM]Scooter: one
[4:03:30 AM] Scooter: they will mimic in allot of way to the USD format with their hundred series notes
[4:03:51 AM] Scooter: largely because they just entered the Arab Monetary Fund
[4:03:58 AM] Scooter: This fund has 21 countries
[4:03:59 AM] MrRich: so they're going to introduce 100 notes?
[4:04:14 AM] Scooter: and most of those countries are pegged to the USD
[4:04:14 AM] Scooter: so
[4:04:26 AM] Scooter: for payment systems with large transactions
[4:04:55 AM] Scooter: they needed to have similar notes and format to their neighbors
[4:05:18 AM] Scooter: has nothing to do other than meeting the requirements of the electronic trading
[4:05:32 AM] Scooter: particularly with the Thompson Reuters software
[4:05:44 AM] Scooter: They wouldn't be able to trade
[4:05:56 AM] Scooter: they would have 15 decimal places over
[4:06:03 AM] Scooter: similar to Iran
[4:06:19 AM] BanG: Would you say that this is a positive step forward? Are we heading towards an RV with this move?
[4:06:25 AM] Scooter: the part that is interesting today is the fact that 248 minutes ago
[4:06:31 AM] Scooter: the DFI was released
[4:06:44 AM] Scooter: and the international immunity gone
[4:06:52 AM] MrRich: no extension?
[4:06:54 AM] Scooter: now the protections fall on US Soil
[4:07:00 AM] Scooter: oh yea
[4:07:04 AM] Scooter: the President did
[4:07:12 AM] Scooter: This is AWESOME news
[4:07:18 AM] Scooter: everything is going according to plan
[4:07:23 AM] Scooter: I'm stunned actually u
[4:07:32 AM] Scooter: it seems to be going to well
[4:07:38 AM] Scooter: waiting for the bomb to drop
[4:07:42 AM] Scooter: you know what I mean
[4:07:48 AM] Scooter: too many times getting excited
[4:07:53 AM] Scooter: nevertheless
[4:07:57 AM] Scooter: the other good thing
[4:08:08 AM] Scooter: the MRI booklet was released to the banks
[4:08:24 AM] Scooter: one minute -- because you will dig this part
[4:08:40 AM] Scooter: http://www.mriguide.com/updates.htm
[4:09:01 AM] Scooter: http://www.mriguide.com/
[4:09:04 AM] Scooter: now
[4:09:14 AM] Scooter: first thing
[4:09:33 AM] Scooter: How can the banks have the 100,000 note information
[4:09:38 AM] Scooter: if the parliament
[4:09:56 AM] Scooter: hasn't voted on it
[4:10:03 AM] Scooter: or for that matter
[4:10:12 AM] Scooter: the lower denoms
[4:10:25 AM] Scooter: Essentially, these bastards have been lying to us
[4:10:29 AM] Scooter: hahahahaha
[4:10:31 AM] Scooter: it means
[4:10:41 AM] Scooter: they've already voted on the lower denoms and the larger notes
[4:10:43 AM] Scooter: hahahahahhahha
[4:10:50 AM] Scooter: this just kills me
[4:10:51 AM]MrRich: that's what Highlander told us
[4:10:58 AM] Scooter: exactly
[4:11:12 AM] Scooter: she's the one that showed me today
[4:11:14 AM] Scooter: hahahah
[4:11:23 AM] Scooter: and she rubbed it in my face
[4:11:23 AM] Scooter: lol
[4:11:26 AM] Scooter: lol
[4:11:37 AM] BanG: lol
[4:11:40 AM] MrRich:
[4:11:54 AM] Scooter: Precisely
[4:12:01 AM] Scooter: also
[4:12:19 AM] Scooter: Forex isn't behaving normally
[4:12:31 AM] Scooter: the Suisse is going opposite of the Euro
[4:12:43 AM] Scooter: the Euro is blasting upward
[4:13:08 AM] Scooter: and Oil and commodities just can't figure out what the hell to do
[4:13:13 AM] Scooter: people are lost right now
[4:13:21 AM] Scooter: the trends aren't there
[4:13:26 AM] Scooter: here
[4:13:31 AM] Scooter: I'll show you what I mean
[4:14:00 AM] Scooter: http://www.dailyfx.c...ar_is_weak.html
[4:14:15 AM] Scooter: It's bizarre behavior
[4:14:29 AM] Scooter: because there's divergence between the Euro and the GBP
[4:14:35 AM] Scooter: that rarely, rarely occurs
[4:14:39 AM] Scooter: but
[4:14:51 AM] Scooter: there's allot of things surrounding Greece
[4:14:59 AM] Scooter: Who knows
[4:15:06 AM] Scooter: but intend to follow the money flows
[4:15:20 AM] Scooter: I hope that helps
[4:15:26 AM] Scooter: because I need to go to bed
[4:15:27 AM] Scooter: lol
[4:15:46 AM] BanG: Thanks man have a good night. Peace.
[4:15:56 AM] Scooter: I hope that helped
[4:16:32 AM] Scooter: lol
[4:16:34 AM] Scooter: lol
[4:16:34 AM] Scooter: sorry
[4:16:37 AM] BanG: ahhh
[4:16:38 AM] BanG: lol
[4:17:01 AM] MrRich: so bottom line, you're happy with today's news but no RV?
[4:17:10 AM] BanG: YES
[4:17:17 AM] Scooter: MrRich 240 minutes ago
[4:17:25 AM] Scooter: they were released
[4:17:32 AM] Scooter: how could they RV
[4:17:50 AM] Scooter: if they were still under the Chpt 7 immunity protection
[4:17:55 AM] Scooter: they couldn't
[4:18:06 AM] MrRich: but now they're not so they can
[4:18:20 AM] Scooter: In theory ---
[4:18:23 AM] Scooter: YES
[4:19:12 AM] Scooter: once the immunity is erased -- and based on the words regarding the demarcation lines with Kuwait
[4:19:24 AM] Scooter: I'm excited
[4:19:33 AM] Scooter: and when Highlander called me with that link
[4:19:44 AM] Scooter: I got a bit more excited
[4:20:09 AM] Scooter: because that means those bastards voted on the issuance of the lower denoms a long time ago
[4:20:12 AM] Scooter: lol
[4:20:13 AM] Scooter: lol
[4:20:29 AM] MrRich: Okay, I guess I'm just confused on the DFI thing ...
[4:20:48 AM] BanG: http://dinardater.in..._5485#entry5485
[4:20:49 AM] MrRich: how can it be extended and released at the same time?
[4:21:17 AM] Scooter: two different things
[4:21:24 AM] BanG: ok
[4:21:32 AM] Scooter: the EO is a US only order
[4:21:39 AM] Scooter: the Chpt 7
[4:21:45 AM] Scooter: is international release
[4:21:51 AM] Scooter: from UN
[4:21:54 AM] Scooter: see
[4:21:58 AM] BanG: yes
[4:22:04 AM] Scooter: Iraq needs protection
[4:22:23 AM] Scooter: and the US would be the only player in the world that could grant them this immunity
[4:22:28 AM] Scooter: and protection
[4:22:34 AM] Scooter: those funds
[4:22:38 AM] Scooter: would have been raide
[4:22:42 AM] Scooter: raided
[4:22:53 AM] Scooter: and the country completely illiquified
[4:22:56 AM] Scooter: instantly
[4:22:59 AM] MrRich: so that's what highlander was referring to last night about Iraq's legal defense team?
[4:23:06 AM] Scooter: hahaahh
[4:23:06 AM] Scooter: yesw
[4:23:08 AM] Scooter: yes
[4:23:12 AM] MrRich: US
[4:23:26 AM] Scooter: Precisely -- in so many words
[4:23:27 AM] Scooter: yes
[4:23:36 AM] MrRich: that's what the EO was about
[4:23:54 AM] MrRich: They're no longer immune but we've got their back
[4:24:00 AM] Scooter: The extension of the EO is completely about protecting the assets of Iraq -- number one
[4:24:02 AM] Scooter: two
[4:24:22 AM] Scooter: It gives the US the leverage against these folks in the future
[4:24:34 AM] Scooter: for a very very long future
[4:24:35 AM] Scooter: lol
[4:25:01 AM] Scooter: The withdrawal agreement says it best too
[4:25:19 AM] Scooter: it's all about controlling that country and its future
[4:25:28 AM] Scooter: and that control comes out of Washington
[4:25:31 AM] Scooter: hahahah
[4:25:38 AM] MrRich: ok
[4:25:38 AM] Scooter: It just keeeeels me
[4:25:46 AM] Scooter: believe it or not
[4:25:48 AM] Scooter: they'
[4:26:03 AM] Scooter: the US has done something similar in every war
