IQD CALLS Chat Saturday Night 2-15-20
IQD CALLS Chat Saturday Night 2-15-20
KRnMS anyone in this chat that spouts the nonsense that there will never be an RV, takes for granted all the support USA has given to Iraq after wiping out Saddam’s army, then flooding the country with dollars to support their economy, providing guidance to build a democracy, building such huge facilities ,
the embassies in Baghdad and Kurdistan, plans for more bases, etc and CBI has given us the plan of deleting the zeroes, so we wait, we pray for Allawi to unite the Iraqis and stand strong against the evil of Khomeini’s regime. Who cares how much dinar is in circulation, we printed it!!
chattels Iraq is at a crucial crossroads. Its new premier is struggling to form a cabinet, anti-government protests are filling the streets and skyrocketing tensions between its two main allies, Tehran and Washington, have already spilt blood on its territory.
While Iran enjoys tremendous political and military sway in Iraq, the US still holds a major trump card -- the economy.
chattels Every month or so, Iraq's Central Bank flies in $1 billion to $2 billion in cash from the Federal Reserve in New York, where all its oil revenues are kept, to pay for official and commercial transactions.
But the mid-January shipment was more than a week late, a top Iraqi official and an oil industry source said, citing "political reasons" for the White House decision.
"We are on a knife's edge," the Iraqi official said.
Kaperoni KRnMS LOL the CBI has described plans for a LOP. To reduce the money supply from trillions to billions. That is what will happen if something happened overnight. If you want to see the dinar appreciate in value it's going to take a long time not because I say so, because that's how monetary policy works, gradually over time.
But before that could ever happen they need to create the conditions for a market economy and encourage a substantial amount of foreign investment to come in, thus creating pressure on the financial system.
Only then can the CBI appreciate the dinar using its monetary tools and getting off the Peg and moving to a float. That's not me telling you that's the IMF. Go read it
Billz Float gurus know nothing, no facts, just opinions
Billz No country is going to invest with a program rate. Investors want to make money not help support a country with a unreal rate
Billz Kaperoni You can't prove anything, no facts just your opinion]
Billz Kaperoni You don't know how much currency they have out
Billz Kaperoni Your opinion is not a fact
chattels Iraqi CTService kills 10 ISIS in helicopter air landing in Hamriin Mountains in Diyala Province.
http://mobp.as/6ofxq
Baxter2-15-2020 Newshound Guru Kaperoni New Prime Minister Allawi says he will introduce his cabinet this Sunday. We can hope!
Baxter YEH BUDDY
Baxter Leave the shoes at home..
Baxter Remember when the idiot threw his shoe at Pres Bush... LOL
chattels Environment or development: Can Kurdish cement boom balance both? https://www.rudaw.net/english/business/15022020
Chattels Made from limestone blasted out of Kurdistan’s mountains, the cement boom is great for business and development, but it comes at the expense of the environment. For every ton of cement produced, approximately an equal ton of carbon dioxide is pumped into the atmosphere. Families living under the dust clouds of the cement factories have higher rates of respiratory illnesses and cancer.
Sandyf @Wilder Sam I Am @Dave Kuwait's central bank never changed the value of their currency.......Whether they changed the value of their dinar or not. I personally know of 7 firemen who who left the FFD because of the chance they took on Kuwaitis dinar. The rest of that crew including a number of HFD then invested in the Iraqi dinar. Those from the FFD incorporated and became builders.
There is no dispute that some profited from the situation in Kuwait, but not from anything the CBK did. During the occupation the IQD became the national currency of Kuwait and the KWD lost all value, profit came from speculation.
The whole scenario is documented in "The Impact of the Iraqi Invasion on the Kuwaiti Banking and Financial System: Lessons Learned from a Financial Crisis".
Only the uninformed would believe that Iraq is in a similar position.
sandyf @Kaperoni I believe that is true, but it is vague in how it happened
What you were referring to is not true, a more accurate account can be found in the Hugh Tant interviews.
Chattels In Baghdad, unknown armed group in civilian clothes opens fire on protesters in Khalani Square. https://twitter.com/DavidMWitty1?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
chattels Report that US tells Iraqi officials it is ready to withdraw from Shia areas in Iraq such as Balad Airbase & Baghdad, except forces to protect US Embassy. US will not, under any circumstances, withdraw from Ein al-Asad Airbase in Anbar Province. http://mobp.as/zJhxq
Chattels Baghdad ( NINA ) - Parliamentary circles revealed initial leaks of some new candidates for ministerial portfolios in the formation of the interim government that Prime Minister-designate Muhammad Allawi plans to present to Parliament this week.
Among the new candidates are Lieutenant General Abdel Wahab Al-Saadi, for the portfolio of the Ministry of Interior, the team is Juma Anad for the portfolio of the Ministry of Defense, and Salam Smism is a candidate for the portfolio of the Ministry of Higher Education. https://ninanews.com/Website/News/Details?key=812624
Dave Rebuttal.........only !5 trillion......in the ground.....based on assays from pre 1990?.......That is what they know of then,,,,,Further, exploration in that region really has not occurred esp when they have not barely yet to touch what they have currently......Worked in that sector......
They have done Nodda in much further exploration///15 trillion based on 50 bucks a barrel or 120 a barrel? Schumberger i am aware recently started drilling again.....Seismic and open hole not so much
Dave open hole logging......
Dave When oil Companies find new resources THEY DO NOT ADVERTISE THAT!
Dave Once