Tuesday, July 29, 2014

News, Rumors, and Opinions Monday Night

News, Rumors, and Opinions Monday Night

07/28/2014
Stage3Alpha:

omegaman July 28, 2014 at 2:27pm INTEL UPDATE: tomorrow the new prime minister takes office in Iraq and the RV will be announced and the TRN will go live; unconfirmed report; but imo this is the truth and pbx SHOULD be tomorrow - so how does 9:00 p.m. Pacific sound...7 28 14

carden > omegaman July 28, 2014 at 3:08pm AND I CONCUR with you! I'll know more tonight but tomorrow is looking mighty fine.

wilbur g July 28, 2014 at 3:45pm   Can't say about PBX but massive market indications today suggesting something big may be popping tomorrow.

omegaman July 28, 2014 at 7:15pm you are all very blessed to be in on this, as are we all; God placed you into the right position for you to receive a great blessing to spread cheer to others in need; that is our purpose; of course we can have nice things; but remember, without God (who owns the mountains, and all the gold therein), we would not be where we are; even when we receive moneys, it is because God has allowed us to; it is our duty to give at least 10% to a good cause, for Him allowing us to even keep 90% is a blessing; oops, almost forgot; keep 50% FOR TAXES, just in case; ( i know that we are expecting FED FAILURE, however, let's just play it safe);
....
TNT:

MDJ:  Poppy3   BEING TOLD THEY WILL HAVE A EMERGENCY CALLED MEETING THIS WEEK. NOT CONFIRMED BUT A RUMOR FROM IRAQ.  

[in your opinion do you think Maliki will be gone by the end of the week?]  

ALL DEPENDS ON WHEN JABORI DECIDES TO ANNOUNCE THE NEW PM.  I EXPECT THIS TO NOW HAPPEN AT ANYTIME. 

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GET:

[KENBBQ1] Here is another tidbit... Note: ISX will be closed starting from July 27, 2014 to July 31, 2014 due to the national holiday of Eid Al-Fitr. The next session will be held on Sunday, August 3, 2014. LINK

http://www.iraq-businessnews.com/tag/stock-exchange/

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[.MikeH] 7-28-2014 BGG Article quote: "...A source from the National Alliance, the four-way meeting was held yesterday evening between the head of the National Alliance, Ibrahim al-Jaafari and Parliament Speaker Salim al and Fuad Masum, President of the Republic and the President of the Federal Court Medhat al-Mahmoud to discuss the biggest bloc in parliament..."

This article is saying al-Jubouri, Massoum, Medhat al-Mahmound and al-Jaafari met and decided the NA would be the ones to form the next GOI – not the SLC singularly. It goes on to say (translated) Massoum will call the NA to proceed later this week (essentially – based on the Eid al-Fitr timeline). HUGE NEWS turn out the lights Maliki - the party is OVER!!

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I4U;

[BigDog-OH] Beijing will use BRICS bank to weave a web around Washington  
http://www.chinaeconomicreview.com/BRICS-china-brazil-beijing-development-bank-economic-diplomacy

[BigDog-OH] Global Currency Trading Falls Amid Volatility Drop, Market Probe   http://www.bloomberg.com/news/2014-07-28/global-currency-trading-falls-amid-volatility-drop-market-probe.html

[BigDog-OH] Dollar Weakens Versus Major Peers on Economy Before Fed    http://www.bloomberg.com/news/2014-07-27/dollar-holds-best-weekly-gain-since-march-before-s

[BigDog-OH] Dollar’s prominence and the BRICS challenge   http://www.arabnews.com/news/economy/608526

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KTFA:

mcdan :  Frank it looks to me the leaders that have been placed this year are tell Maliki how it is.
Maliki in the past has told Parliament what to do, He took control of the COM and though leverage controlled the House of representatives.  Maliki may get elected but has lost some of his power.

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Frank26:   I called it; A soldier that was stripped of most of his POWERS........ Remember?

KTFA,  Frank

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RANSOM » July 28th, 2014, Eid al Fidr starts about today and ends in three days....hmmm then the 31st what a great day to announce the new pm and a Thursday...to RV....wouldn't that be nice! IMO

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abeliever » July 28th, 2014,

KTFA Definitions

A - Allawi (Ayad Allawi never took office as PM of Iraq; Maliki remained PM)

B - Biden

BLN - Billion

BPD - Barrels Per Day

BOA - Bank of America

BofA - Bank of America

BOI – Bank of Iraq

CBI - Central Bank of Iraq, controls when and for how much an RV will happen

CH. 7 - Loosely used to refer to the sanctions imposed on Iraq. More specifically,
Chapter 7 of the UN Charter which sets forth the rules for being an active member of the international community. This makes no reference to bankruptcy as regulated by United States Bankruptcy Law. A United Nations article that has been voted on to not be renewed and expires on December 31st, giving Iraq complete sovereignty and ability to be in the global economy.

CL – Christine Legarde, Managing Director of the IMF since 7/5/11

FM - Iraq's Foreign Minister (Hosyar Zebari)

FWIW - For what it's worth

GCC - Gulf Cooperation Council

GOI - Government of Iraq

G-20 - is a forum for cooperation and consultation on matters pertaining to the international financial system. It studies, reviews, and promotes discussion (among key industrial and emerging market countries) of policy issues pertaining to the promotion of international financial stability, and seeks to address issues that go beyond the responsibilities of any one organization.

H - Hillary

HCL - Hydro Carbon Law, a set of laws dealing with environmental concerns and other issues relating to oil and the distribution of revenues generated by oil sales. Also and more specific to our interests, it will, once ratified, allocate percentages of Iraqi oil revenues and who will get to use them.

HTF - Have the Faith.

IIF - Investor's Iraq Forum - An Internet forum that most of us started out on ~ that became a hostile place.

IMF - International Monetary Fund

IMO - In My Opinion

IMHO - In My Humble Opinion

IQD - Iraqi Dinar

ISX - Iraqi Stock Exchange

J/K – Just kidding

KIR - Keep It Real

KRG - Kurdistan Regional Government

KTF - Keep the Faith. How a lot of people signed off and became the name of this ministry.
KTFA - Keep the Faith Always, Frank26's forum which is a many faceted Christian forum with updated information on the Iraq Dinar currency.
KTFM - Keep The Faith Missions Inc., Frank26's 501c3 Corporation dedicated to helping those in need with a slant toward helping churches stay open through financial crises.

KUNA - KUwait News Agency

LOL – Laughing out loud or Lots of laughs

NID - Iraqi Dinar

M - Iraqi Prime Minister, Nouri al-Maliki (Prime Minister… not re-elected recently, but fought for position… and took it over)

MOF - Iraq's Ministry Of Finance

MOO - Iraq's Ministry Of Oil

MP - Iraq's Ministers of Parliament

NID - New Iraqi Dinar, the hard currency that we hold.

O - Obama

PUK - Province (or Protectorate?) of United Kurdistan

RD - Redenomination of the IQD

RI - ReInstatement of the pre-war value of the IQD.

RV - ReValuation, raising of the value of the IQD.

S - Shabibi

S - Shabs - Governor of the CBI, Dr. Sinan al-Shabibi

SOFA - Status Of Forces Agreement, Signed agreement between the US and Iraq outlining the withdrawal of US troupes and giving control of Iraq's security back to Iraq.

USD - United States Dollars

USDIQD - The symbol for the forex trading pair that shows the rate of exchange when converting USD to WF - Wells Fargo Bank
WTO - World Trade Organization

WARKA - An Iraqi bank that works in conjunction with Citibank to receive wires of US dollars that can then be converted to dinars. No way to wire Dinars from the US that we know of yet. Warka offers accounts for both IQD and USD with the ability to transfer between accounts while converting one currency to the other.

WF - Wells Fargo Bank

YIC - Yours In Christ

http://www.dinarrecaps.com/our-blog/news-rumors-and-opinions-monday-night4

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