5-28-2012 Erbil: The meeting is over and the results will be announced tomorrow, has been an important day. Read more
5-28-2012 Hammerman & Blaino: Conference Call Tonight @ 9 PM EDT 530-881-1300 PIN - 674764# or 850462#
5-28-2012 Dan (PTR): We expected to see something this month. We still expect to see something. Wait for the news if you want to know about the no-confidence with Maliki. Joining one of these groups so you can be part of a "whale" group to get a higher rate is one of the 5 worst ideas I've ever heard in my life. Whoever is at the top setting this up is doing it because they probably don't have much dinar themselves and are trying to benefit from you. I am very suspicious toward people who are looking to take on this kind of responsibility post-rv. The people putting these groups together are doing so for their benefit, not yours. Stay away from them.
5-28-2012 Tony (PTR): In the last 2 or 3 weeks all the articles have been about raising the value of the dinar. They are doing this to help prepare the public. It's in print, it's in black and white. When they are saying they are going to revalue in September or January, no one can say it's a scam or they wouldn't be putting it in print. I can guarantee you that.
5-28-2012 Chattels: The Ministry of Finance confirms the application of tariff law is due the end of June. The Iraqi Ministry of Finance confirmed that there is no intention of reneging on the application of tariff law and due end of next month, despite calls to wait to apply. They intend to apply the tariff law the end of next month and there is no intention to delay it. Read more
5-28-2012 PTR: Today's conference call playback 760 569 7699 PIN - 153956# or Click Here: https://www.freeconferencecallhd.com/playback.asp?n=121-17-65-67-12-115-76-86-17-65-67-17-65-67-17-65-6720124-38-698143-17-65-67;0MTA3MjgzMDk=1
5-28-2012 Yota691 (Dinar Vets): "Recent months have seen a marked decline in the Iraqi dinar exchange rate against the dollar, From 1200 to 1280 dinars to the dollar, to 1320 dinars in some cases. This decline is the case of an emergency or deliberate strategy, and what are the real justification? First interpretation, or the most heavily traded in financial markets, is that the international sanctions imposed on Syria and Iran led to the smuggling of large dollar in recent months as entailed increased demand for U.S. currency. The second explanation is that the long political crisis experienced by Iraq, the growing confidence and weak local economy, both of which increased the appetite for the acquisition of the dollar. The third explanation is that the open-door policy and the freedom of foreign exchange catalyst on the smuggling of currency, despite a series of measures taken by the Central Bank of Iraq in the last three months to monitor the conversion processes large, which means that the turnout of citizens to save the national currency declining in the recent period...The bottom line is that a group of internal factors and regional combined in the last period to turn Iraq into a country a source of dollars, at the stage of unrest strong experienced by the region, and there are those who believe that the time has come to set the financial and economic policies in accordance with standards more explicit to avoid the implications of political storms that threaten the dinar." Read more
5-28-2012 CBI: Saleh said that the work to open letters of credit rather than transfer of credit for hard currency is a system that was in effect before the imposition of the embargo on Iraq in 1990, and this action will guarantee that the hard currency that are sold to traders not be paid unless there is a hyphen goods to the country. This measure will enable the CBI to ensure that foreign exchange traders sold the goods against which comes to Iraq. The bank's move is added to the measures recently taken to protect the hard currency. Read more
5-28-2012 BGG: Talabani is under great pressure but that's just the "skinny." I think without that pressure he would have signed the orignal Erbil papers and already called for "it," soon it may not matter. Barzani has his resignation in hand already. Once it is accepted, Najafi (who hates Maliki) can call for the vote and run the technical aspects in Parliament all by himself. One way or the other this will happen.