[21:11:39] AMG: quiet day in Dinarland
[21:12:00] TRC: yes
[21:12:25] AMG: so they want to sell more bonds in September
[21:13:00] AMG: hmm, wonder why
[21:13:13] TRC: no, they extending deadline to buy them
[21:34:45] TRC: national guard law was postponed,
[21:35:34] AMG sent an audio message: Say What?!
[21:35:37] TRC: Abadi gave lengthy speech
[21:36:12] TRC: threatening the parliament
[21:36:30] TRC: about not passing laws
[21:36:30] AMG: hope the investment law moves forward
[21:37:13] TRC: he said he could impose martial law if they continue to argue over small things
[21:37:54] TRC: he also said if they do not like his rule they could vote to remove him
[21:38:15] TRC: but I think he is chuckling on that remark
[21:38:31] TRC: they could not agree to vote to remove him
[21:38:37] TRC sent an audio message: Laugh
[21:39:06] AMG sent an audio message: Drumroll
[21:39:39] TRC: not sure when next session is, for parliament
[21:40:21] TRC: looks like national guard law is higher on priority list than investment law
[21:43:26] TRC: national guard law seems to include items unifying the iraqi armed forces sectors
[21:43:35] TRC: under Abadi
[21:43:59] design: need investment law too
[21:44:02] TRC: which usa is encouraging to help defeat isis
[21:44:35] TRC: according to schedule national guard law is next then investment law
[21:44:51] design: ok
[21:45:02] TRC: seems there are a few disagreements with national guard law
[21:45:13] TRC: tribal or what have you
[21:45:17] TRC: militias
[21:45:34] design: small things
[21:46:29] TRC: they do not want to give up local command of their militias
[21:46:46] TRC: that is bottom line
[21:52:14] TRC: was supposed to be passed last week, every session it was postponed
[21:52:45] TRC: so Abadi launched a lengthy speech
[21:53:46] AMG: 😉
[21:55:05] TRC: if they cannot move forward without this law approved, it is then bery important
[21:56:00] TRC: not sure when next session is, one said Tuesday next week, another said Thursday this week, another said Saturday
[21:58:08] TRC: so looks like we are at one of those crossroads
[21:58:22] TRC: does Abadi have the stuff
[21:59:22] TRC: about giving up power
[21:59:35] TRC: many do not want to do that
[22:01:04] TRC: they have passed two very important laws the last couple weeks, so is there more good stuff, or does everything stop here
[22:01:31] TRC: labor law and the political parties law
[22:10:52] TRC: you cannot have one country with multiple armed groups under different authorities
[22:16:50] AMG: so true, M is a textbook example
[22:18:11] TRC: yes the national guard law is another biggy
[22:20:25] design: where does money laundering law stand… final vote?
[22:21:09] TRC: they only have 4 weeks to do that
[22:21:35] TRC: that depends on the politicians
[22:21:46] design: oh yeah…. lol
[22:22:01] design: down to crunch time
[22:22:19] TRC: hence Abadi’s speech
[22:22:50] TRC: threatening martial law
[22:23:50] TRC: he can issue decrees allowing these laws approval
[22:23:52] design: they got to get with it
[22:24:04] TRC: under martial law
[22:24:14] design: really!
[22:24:34] TRC: like presidential order in usa
[22:24:44] design: wouldnt put it past him
[22:24:53] design: wants to move forward
[20:55:49] Tf: about yesterday’s news…
[20:55:58] Tf: the IMF report…
[20:56:06] TRC: oh right,
[20:56:31] Tf: I wasn’t here last night..
[20:56:49] Tf: until afterwards…
[20:56:57] TRC: just IMF repeated previous advice, for Iraq to lift restrictions on currency
[20:57:31] Tf: do you believe the rv is on hold again, TRC??
[20:57:40] Tf: they haven’t said it is…
[20:58:15] Tf: I have hoped they were still trying to make it happen…
[20:58:26] TRC: it is fluid situation
[20:58:31] Tf: yes
[20:59:36] When is RV?
[20:59:36] Do we have date and rate
[21:00:24] TRC: Iraq has to pass money laundering law by end of September
[21:00:48] TRC: investment law should be approved this month
[21:03:14] TRC: I think Iraq is now in third round talks with WTO
[21:04:04] TRC: the labour law passed Monday was important for WTO entry
[21:04:34] TRC: law is internationally recognized
[21:07:36] Stormy: Lots of news today?
[21:07:54] TRC: no, yesterday was busy news day
[21:14:46] AMG: my sis is getting some more IQD…………
[21:14:54] TRC: did you read the associated press article
[21:15:10] AMG: she sold some earlier………………..now getting it back
[21:15:21] AMG: no, on what
[21:15:43] AMG: havent checked posts yet
[21:16:07] TRC: talked about bonds Fitch rating
[21:16:15] AMG: oh?
[21:16:19] TRC: and about deleting the zeros
[21:17:18] TRC: could not post it, so just posted title to the article
[21:17:28] TRC: copyrite issues
[21:18:30] AMG: ok
[21:18:58] TRC: anything you find interesting Stormy
[21:19:28] AMG: this one: “Iraq’s Economy in Trouble” ?
[21:19:36] TRC: yes
[21:19:51] AMG: ok,brb
[21:20:10] TRC: lots of stuff to read posted yesterday
[21:20:27] Stormy: I read associated press article.
[21:21:37] TRC: said that deleting the zeros will be implemented by 2017
[21:21:59] TRC: but.. of course no date will be said on the rv
[21:22:28] TRC: talking about in article per the banknotes
[21:23:16] Stormy: I saw ISIS is killing each other in Mosul
[21:23:57] Stormy: 16 dead yesterday due to infighting in Mosul
[21:24:08] TRC: they have had fights between each other many times in various areas
[21:24:32] Stormy: That is what happens when too many chiefs and not enough indians
[21:24:41] TRC: usually the fight stops when one side is defeated
[21:25:51] Stormy: Sounds like they all want to be chiefs. The indians have seen all the fancy jewelry and watches the IS chiefs are wearing
[21:26:22] TRC: it is not a regular army, it is gangs
[21:26:50] Stormy: Kind of like the movie, The Warriors.
[21:27:18] Stormy: A late 70’s cult classic.
[21:27:59] TRC: was reading in Fallujah or Ramadi in Anbar, ISF have discovered hundreds of IED’s
[21:28:27] TRC: ISIS boobytraps everything
[21:29:12] ale: ( he said booby)
[21:29:20] teledive: lol
[21:30:21] ale: TRC, so glad i wasn’t born/raised/ had kids in that part of the world where people blow each other up.
[21:33:35] TRC: so that associated press article, the CBI director said deleting the zeros of the dinar is on
[21:34:01] AMG: sure sounded like it ^.^
[21:34:12] teledive sent an audio message: Oh Boy!
[21:34:17] AMG: hopefully this year
[21:34:42] teledive: soon!!!!
[21:34:53] TRC: will be done by 2017, you got to expect the generalisation on years, because they cannot say the exact date
[21:35:08] AMG: true”
[21:35:23] TRC: CBI governor said earlier this year it is a go
[21:35:29] AMG: “done by 2017”
[21:35:39] AMG sent an audio message: Oh Boy!
[21:35:41] TRC: we just got to wait like a spider
[21:35:59] AMG: gotta start SOON
[21:36:24] teledive: agreed!!!!
[21:37:01] TRC: they told the world it is a go
[21:42:23] TRC: smart cards/mastercards, gold ingats, the 50,000 banknotes, and the bonds all for the purpose to get iraqis to get rid of the IQD banknotes
[21:42:40] TRC: bring down cash bloc
[21:43:02] AMG: let’s get this party started 😉
[21:43:16] AMG sent an audio message: Drumroll
[21:44:39] TRC: the 100,000 is still up in air, may not come to fruition
[21:45:02] TRC: depends how fast cash bloc drops in next lil while
[21:46:30] TRC: would like to know target number CBI is looking for for rv, in cash bloc numbers
[21:47:34] TRC: they most likely have one
[21:48:30] TRC: gold is climbing right now on markets, maybe the iraqis with money will buy those ingats
[20:35:34] TRC: Iraq reached new height in electricity production
[20:35:49] TRC: over 13,000 mw
[20:36:01] AMG: nice
[20:36:37] TRC: September oil shipment schedule report was released will be 20% increase
[20:36:43] TRC: from Basra
[20:37:18] AMG: oil glut coming?
[20:37:20] TRC: money laundering law has been received by parliament
[20:37:37] TRC: first reading Monday scheduled
[20:38:08] TRC: also investment law will be voted next week,
[20:38:15] TRC: we will see
[20:38:22] AMG sent an audio message: Oh Boy!
[20:49:22] TRC: was a truck bomb in Iraq, today, but numbers are up for discussion , in mortality rate
[20:50:29] TRC: alsumaria news said 33 dead, but some media may over dramatize situation, one said 80 dead 300 injured true numbers will be out soon
[20:50:47] TRC: trusts alsumaria
[20:53:41] TRC: well world focuses on the bombing,
[20:53:53] TRC: Iraq continues to move forward
[20:54:55] TRC: parliament passed agreement to remove living expenses from their pay, to allow giving it to the military
[20:56:41] design: yes moving forward
[20:57:04] design: investment law next week is good
[20:57:27] design: readings are done, this will be vote?
[20:59:45] TRC: yes last reading and vote
[20:59:52] design: ok
[21:03:43] TRC: money laundering law is important hope they do get right on it
[21:07:23] TRC: member of economic commission in parliament said they met for a week, on amendments to investment law , it is ready to be approved
[21:07:46] TRC: hopefully in next few days
[21:07:46] AMG: cool
[21:07:50] TRC: quote
[21:08:20] TRC: next parliament session is Saturday
[21:11:12] TRC: the IQD value is higher against usd on global index, now but will be intervention by CBI bringing it back to 1165
[21:12:04] TRC: at least until investment law is approved and activated
[21:13:38] TRC: money laundering law and investment law is key to revalue and new currency
[21:14:31] design: cool…
[21:16:17] AMG sent an audio message: Drumroll
[21:17:04] TRC: Iraq is supposed to sign trade agreement with Brazil next week
[21:18:26] TRC: now this is interesting, due to news some time ago, pertaining to Brazil assistance to Iraq joining WTO
[21:18:46] TRC: not sure of all the deal
[21:19:25] TRC: am thinking some favorable items for Brazil, in the help in joining the WTO
[21:20:00] TRC: not sure how Brazil can help either
[21:20:20] AMG: hmm
[21:20:28] TRC: but is interesting on the timing
[21:20:54] TRC: since iraqi delegation preparations to join WTO
[21:21:55] TRC: Iraq signing trade agreement with Brazil around same time
[21:24:49] design: interesting
[21:27:34] TRC: Iraq has signed 60 trade agreements, I thought Brazil was one of them, guess not
[21:27:55] TRC: but none have been activated
[21:28:16] AMG: ready for business
[21:30:40] TRC: everybody awaiting investment law
[21:31:15] TRC: it does look like Iraq will be in global market soon
[21:31:37] TRC: this year
[21:32:05] AMG: ^.^
[21:34:29] TRC: last minute signing with Brazil trade agreement before investment law is activated
[21:34:34] TRC sent an audio message: Oh Boy!
[21:35:22] design sent an audio message: Drumroll
[21:36:04] AMG sent an audio message: Are you sure?
[21:42:53] TRC: does sound plausible
[19:28:21] TRC: Fitch has issued Iraq a credit rating, still waiting on Moody’s and Standard & Poor
[19:28:47] design sent an audio message: Oh Boy!
[19:28:54] TRC: they have given Iraq a B-
[19:29:02] design: no kidding
[19:29:19] TRC: that is what Saleh said they would get some time ago
[19:29:20] design: thats pretty good
[19:29:34] design: ok
[19:29:42] TRC: should see the other ratings soon
[19:30:32] TRC: also Iraq is preparing for third and final round of negotiations with WTO, no date mentioned
[19:30:58] design: third and final could mean something
[19:31:54] design: what is the announcement Saturday supposed to be?
[19:32:16] TRC: hopefully the customs tariffs is only postponed for weekend and not a drawn out affair
[19:32:25] design: oh ok
[19:32:59] TRC: CBI announcement, about lending to private banks,
[19:33:17] design: i see
[19:34:22] TRC: would think the other credit rating agencies would follow quite quickly
[19:35:18] TRC: iraqi currency should be convertible soon in select countries
[19:35:35] design sent an audio message: Drumroll
[19:36:36] TRC: international bonds will be issued soon too,
[19:38:02] design: its all adding up
[19:39:22] TRC: in order to get into WTO, they need customs tariffs operating at borders
[19:39:40] design: yes, quickly
[19:53:20] AMG: can I get a B-minus ^.^
[19:54:12] AMG: good news for sure
[19:54:33] design: yes
[19:55:14] AMG: that should provide more incentive to move their arses
[19:55:20] AMG sent an audio message: Drumroll
[19:55:39] design: hope so
[19:55:56] AMG: ditto
[20:25:38] TRC: am thinking the final round meetings with WTO was delayed due to tariffs
[20:26:09] AMG: oh
[20:26:40] TRC: tariffs were supposed to begin in June
[20:26:57] TRC: WTO meetings were to start in July
[20:27:05] AMG: Iraq, hurry up and fixit 😉
[20:27:14] AMG sent an audio message: No Way Dude!
[20:27:46] TRC: they still struggling to operate tariffs
[20:28:07] TRC: many seem to think they should not have to
[20:28:27] TRC: traders protesting the extra fees etc.
[20:29:00] AMG: understands
[20:29:05] TRC: Abadi needs to be strong , like saddam on this lol
[20:29:26] AMG: yup
[20:29:58] TRC: but not shooting them behind the shed strong
[20:30:29] AMG sent an audio message: Laugh
[20:37:16] TRC: those international bonds should be at global banks in Europe and USA by middle of August by looks of it
[20:37:53] AMG sent an audio message: Say What?!
[20:38:05] AMG: ^.^
[20:38:27] TRC: could not be issued until credit rating was issued
[20:40:36] TRC: they can also begin now to think of having a convertible currency globally
[20:41:03] TRC: should be starting to push a little harder on investment law
[20:41:48] TRC: nothing we can do but watch
[20:42:36] AMG: yes
[20:43:30] TRC: with credit rating issued, investment law is more viable with trade agreements and free movement of money
[20:43:53] TRC: aka convertible currency, currency swaps
[20:45:03] TRC: at least one country wanted to currency swap with Iraq
[20:45:24] TRC: amongst 60 international trade agreememnts yet to be activated
[20:45:30] AMG: leading to our currency exchanges 😉
[20:45:36] AMG sent an audio message: Drumroll
[20:46:21] TRC: all waiting investment law activation, this show is becoming clearer every day
[20:47:31] TRC: mind you there are a few iraqis dragging things, not because they mean to, but because they are not educated
[20:47:40] AMG: ^.^;)
[20:48:21] AMG: yup, a brand new concept to grasp for many
[20:49:07] TRC: reading that lengthy article from CBI governor, I have some respect for him he is pretty smart guy
[20:49:29] TRC: having more trust in his capability
[20:50:57] TRC: but he is not lone ranger, he wants to work with elected officials
[20:52:18] AMG: teamwork is a good thing
[20:54:05] TRC: CBI had no need to oblige parliament when they passed law limiting amounts of currency sales
[20:54:24] TRC: but they obliged
[20:54:28] TRC: lol
[20:54:39] TRC: caused big drop in IQD value
[20:55:09] TRC: governor awaited federal court
[20:55:53] TRC: CBI is independent , no need to follow parliament’s laws pertaining to monetary policy
[20:56:04] AMG: true dat
[20:56:14] TRC: but they obliged them
[20:56:33] TRC: trying to avoid drama, like Shabibi era
[20:57:01] TRC: Shabibi would not have done this
[20:57:13] TRC: he would have ignored them
[20:57:30] AMG: 😀 yup
[20:57:58] TRC: would end in fight between them most likely with shabs arrest
[20:58:04] TRC: temporarily
[20:58:27] TRC: until federal court sorted it out
[20:59:23] TRC: there is new CBI law awaiting approval, making it clear what is independent at CBI from government
[20:59:49] AMG: didn’t know that
[20:59:59] TRC: how long it will take to get passed is another story
[21:00:06] AMG: lol
[21:00:28] TRC: some time during Abadi’s term
[21:00:53] TRC: only been one year next month
[21:01:00] TRC: seems longer
[21:01:44] AMG: yes, and he accomplished sooo much
[21:02:35] AMG: they just have to keep him safe
[21:03:58] AMG: he has done a very good job so far
[21:37:41] Tf: I was glad to see the credit rating….
[21:38:20] Tf: I read where Abadi is implementing reforms…
[21:38:50] Tf: Maliki and vice president are gone???
[21:39:11] Tf: five cabinet members, also??
[21:39:21] AMG: yup,cleaning house – eliminating corruption
[21:39:30] Tf: clerics gave Abadi their support…
[21:39:41] AMG: yes
[21:40:50] AMG: I see the US is sending a group of F-16s to Turkey, to hit IS faster 😀
[21:41:00] Tf: oh??
[21:41:47] Tf: I hope they seek and destroy ISIS…
[21:42:04] AMG: just read it on CNN, support team to accompany them
[21:42:13] Tf: oh…
[21:42:34] Tf: good news…
[21:42:56] AMG: IMO yes
[21:43:35] Tf: I saw a map of Anbar….where ISIS supposed to control….
[21:44:06] Tf: I don’t understand what is taking the Iraqi military so long….
[21:44:19] Tf: they are supposed to have ISIS surrounded…
[21:44:36] AMG: a number of things IMO are the issue
[21:44:46] Tf: please tell me…
[21:45:16] AMG: lack of experience
[21:45:33] AMG: IS has had lots of time to booby traps
[21:46:07] AMG: is fear has a little to do with it
[21:46:32] AMG: comm is not the best for ISF
[21:46:42] Tf: yes..
[21:49:59] AMG: not sure what to expect — though by the EOY
[21:50:23] Tf: I read an article some time ago that said Iraq doesn’t have any generalship in Iraqi military..
[21:50:36] AMG: i still think greater security is need b4 the rv
[21:53:14] Tf: If the customs tariff gets implemented…and Iraq’s credit ratings come in….and they issue the international bonds….and they attain full WTO status….I don’t see how the dinar can’t be given a viable rate…
[21:53:29] AMG: then there is still MOSUL (2nd largest city) to recover from IS
[21:54:21] Tf: they haven’t taken Fallujah, yet…have they??
[21:54:30] AMG: nope
[21:55:56] Tf: I was disappointed to read Abadi had suspended the customs tariff law…
[21:56:37] AMG: not sure how they can rv while Mosul belongs to IS…………………….hmm,
[22:08:45] Tf: sounds like Maliki is out…
[22:08:59] Tf: he is upset…
[22:09:09] Tf: crying about it…
[22:09:23] Tf: an Iraqi citizen sued him in court…
[22:09:51] Tf: sought an injunction to stop him leaving country…
[22:10:06] Tf: so I read…
[22:10:18] TRC: they voted in cabinet yes to get rid of the vice and deputy, presidents and prime minister
[22:10:34] Tf: see what parliment does about it….
[22:10:48] AMG: prime minister too???
[22:10:49] TRC: also get rid of the numerous body guards
[22:11:07] TRC: deputy prime ministers
[22:11:16] AMG: oh, whew
[22:11:40] AMG: good, they have too many overheads
[22:11:49] Tf: five deputy minister’s posts to be removed??
[22:11:52] TRC: yes Abadi banned all the senior officials in government from leaving the country
[22:11:53] AMG: cut the fat
[22:12:03] AMG: wow
[22:12:21] TRC: investigation is pending into corruption
[22:12:30] Tf: I am glad I am not in Maliki’s shoes tonight…
[22:12:47] AMG: lol
[22:12:50] Tf: they will throw the book at him….if he is found guilty….
[22:12:54] AMG: dead man walking
[22:12:56] Tf: yes
[22:13:38] Tf: I read where he asked for asylum in two countries….
[22:13:44] AMG: lol
[22:13:45] TRC: also al Sadr said if the reforms implemented by Abadi are stopped he would unleash nation wide protests
[22:13:46] Tf: he was denied in one….
[22:13:55] Tf: he asked Finland…
[22:14:15] TRC: so Abadi has alot of support
[22:14:31] Tf: let’s hope for them…that they are successful in stopping corruption…
[22:14:47] TRC: he can do pretty much what he thinks is best for country
[22:15:15] TRC: this is great news for Iraq
[22:15:36] AMG: good to see he has religious leader support
[22:15:39] TRC: alot of these guys were considered untouchables
[22:15:52] Tf: feed them the rope….
[22:15:58] Tf: let them hang themselves….
[22:16:02] TRC: Abadi is the new leader now officially
[22:16:42] TRC: Abadi is untouchable at least for the near future
[22:16:57] Tf: I hope he has good bodyguards…
[22:17:12] Tf: U.S. Marines….
[22:17:24] TRC: finance committee in parliament was over joyed, said this action will save billions
[22:18:42] TRC: Abadi is also removing some ministers replacing them thru an executive committee
[22:19:33] Tf: yes, I read that, too
[22:19:51] TRC: his cabinet is giving Abadi full support
[22:20:05] AMG: ^.^
[22:20:07] Tf: good for them…
[21:08:54] TRC: next weekend tariffs start
[21:09:30] Tf: good news
[21:09:36] TRC: in all provinces
[21:09:52] Stormy: So how do they enforce tariffs on Syrian and Jordanian borders? I thought IS controlled them.
[21:09:56] TRC: except Anbar
[21:10:07] TRC: Anbar is closed
[21:10:23] TRC: iraqi forces have isis trapped
[21:10:37] TRC: they got to mop it up
[21:11:04] Tf: good news
[21:11:26] TRC: borders with Turkey, Iran, Saudi Arabia and Kuwait tariffs start
[21:11:43] Tf: good news
[21:11:58] Stormy: That is like adding tax to people
[21:12:15] TRC: Jordan and iraqi delegations are negotiating on shipping , most likely thru saudi border
[21:13:07] TRC: and bigger amounts thru Basra sea ports from Aqaba Jordan
[21:13:29] TRC: until Anbar is free of all isis
[21:17:20] AMG: tarrifs = 5 days……………………………..nice
[21:21:44] TRC: ok lots happening
[21:21:58] TRC: Turkey is getting involved
[21:22:15] TRC: they will soon be part of coalition
[21:23:05] Tf: good news, TRC
[21:23:19] TRC: the new money laundering law will allow CBI to begin changing the currency
[21:23:29] Tf sent an audio message: Drumroll
[21:23:40] Tf: good news
[21:23:52] TRC: global finance has given Iraq until October to activate the law
[21:23:55] AMG: WB says 2 months
[21:24:01] brown sugar: TRC we may be getting close
[21:24:33] TRC: if they do not pass it and activate it, Iraq will be put on black list
[21:24:58] TRC: considered a money launder nation
[21:25:14] TRC: lol
[21:25:34] TRC: which would also include the dinar dropping in value
[21:25:50] Tf: well, we thought the currency auctions were a thing of the past….
[21:25:57] TRC: how far , no bounds
[21:26:30] TRC: currency sales still ongoing
[21:26:36] Tf: the only other way is to let the dinar be traded on open currency exchange, right??
[21:26:50] TRC: but will be closed for few days from Thursday until the 4th
[21:27:13] Tf: that is what they thought would happen…then something happened….
[21:27:13] TRC: they are upgrading system
[21:27:28] Tf: still transitioning….
[21:27:35] TRC: always
[21:28:06] brown sugar: I hope they upgrade the value of the dinar lol
[21:28:20] Tf: the same old story…..it took longer than we thought..
[21:28:24] TRC: the website had some issues renewing for another year brown sugar,
[21:28:50] Tf: just so it happens….better late than never…
[21:28:50] TRC: the server host changed data servers
[21:29:19] Tf: what a ride….
[21:29:51] brown sugar: good things in the wait I hope
[21:31:09] TRC: so the reason this is fluid situation is the money laundering law needs to be prioritized in parliament
[21:31:26] TRC: along with investment law
[21:31:37] TRC: to change the currency
[21:31:45] Tf sent an audio message: Drumroll
[21:31:56] brown sugar: how long will that take
[21:32:02] TRC: lol
[21:32:09] TRC: aka fluid
[21:32:28] TRC: they are supposed to speed things up
[21:32:29] Tf: we still have a few days left in July, brown sugar…
[21:32:52] TRC: but , speed may not be in iraqi lingo
[21:33:17] TRC: parliament meets Tuesday
[21:33:22] Tf: hurry up….and wait…..maybe even take a few steps back….
[21:33:45] Tf: so it seems..
[21:33:47] brown sugar: please not backward
[21:34:00] TRC: two finance experts have said time is ripe to begin
[21:34:12] TRC: in last 7 days
[21:34:29] Tf sent an audio message: Oh Boy!
[21:34:35] TRC: CBI will not reveal their hand
[21:34:41] Tf sent an audio message: Drumroll
[21:35:12] TRC: IQD street value rose about 20 to 30 dinar this week
[21:36:16] TRC: if you want to buy treasury bonds you can with dinar at any iraqi bank, at 1095 dinar per dollar
[21:38:33] AMG: hmm, bonds & Warka
[21:38:37] TRC: iraqi banks are having difficulty meeting demands for their customers
[21:38:52] TRC: limiting withdrawals
[21:38:53] AMG: liquidity
[21:39:45] TRC: the reason is they are not big enough, they need to merge with other banks local or international
[21:39:53] Tf: good news…
[21:40:31] Tf: any good news from Anbar today, TRC?
[21:40:33] TRC: merging with global banks will not happen until investment law in current form is voted and activated
[21:41:19] TRC: iraqi forces took more towns
[21:41:19] Tf: it seems they have a sense of urgency again….
[21:41:25] AMG sent an audio message: Drumroll
[21:41:30] AMG sent an audio message: Yahoo!
[21:41:30] Tf sent an audio message: Drumroll
[21:41:39] TRC: in and around Fallujah and Ramadi
[21:41:47] Tf: good for them…
[21:41:47] AMG: Security IS the key
[21:42:06] TRC: they are tightening noose in both those areas
[21:42:12] Tf sent an audio message: Drumroll
[21:42:47] TRC: Fallujah residents protested against isis, wanting to be allowed to leave
[21:43:04] TRC: isis refused to allow it
[21:43:27] TRC: isis executed 80 of their own
[21:43:46] Tf: bad people….
[21:44:12] TRC: more rumors baghdadi is dead
[21:44:29] Tf: let’s hope..
[21:44:34] AMG: hmm
[21:44:35] Tf: again..
[21:45:15] TRC: there will be big increase in air attacks in both Syria and Iraq shortly
[21:46:25] TRC: US air force based in Turkey will be able to double their sorties
[21:46:53] TRC: turkish air force will be including paralell sorties
[21:47:00] Tf: I hope they don’t stop at the Iraqi/Syrian border in their pursuit of ISIS….
[21:47:23] Tf: I hope they don’t let them have a safe haven like before…
[21:47:25] TRC: isis is doomed
[21:48:01] Tf: follow them….find them….end their threat….once and for all…
[21:48:30] TRC: Turkey wants to remove assad, so something must be put on table for turks help to wipe out isis in Syria
[21:48:57] TRC: both isis and assad are now turks enemies
[21:49:17] Tf: how is the GOI with Assad?
[21:49:41] TRC: note prime minister of Turkey had private meeting with Putin yesterday
[21:49:44] Tf: how is the USA and coalition with Assad?
[21:49:58] TRC: Putin is assad supporter
[21:50:01] AMG: oh…..Putin
[21:50:04] Tf: yes
[21:50:13] Tf: its complicated…
[21:50:18] AMG: really don’t like him
[21:50:39] TRC: I think we may see agreement , allowing assad to leave to safe haven country
[21:50:54] Tf: well…
[21:51:01] AMG: we can only hope
[21:51:19] TRC: assad said today they are falling short in manpower to fight isis
[21:51:49] Tf: Assad killed his own people…
[21:52:09] TRC: with assad gone , they could use remaining syrian army as allies to remove isis
[21:52:18] TRC: use too
[21:52:22] Tf: don’t know how he could remain in power and have any lasting peace…
[21:52:24] AMG: yup
[21:52:54] AMG: IMO, he can’t
[21:52:55] TRC: turks would also help much more , maybe with turkish forces on ground
[21:53:18] TRC: Russia has naval base in Syria also
[21:53:25] Tf: yes
[21:53:42] TRC: with assad gone they could all work together to kill isis
[21:53:52] AMG sent an audio message: Drumroll
[21:53:58] Tf sent an audio message: Drumroll
[21:54:12] TRC: turks, russians americans, etc.
[21:54:16] AMG: nice thought
[21:54:32] Tf: will the Russians get on board, though??
[21:54:38] TRC: isis is common enemy
[21:54:55] Tf: I mean to get rid of Assad?
[21:55:03] TRC: russians do no want isis overtaking country
[21:55:21] TRC: their naval base is very important
[21:55:31] TRC: they would kill for it
[21:56:00] TRC: if assad got to go to save Syria
[21:56:21] TRC: Putin would make an agreement
[21:56:49] Tf: I hope he would..
[21:57:03] TRC: maybe I am thinking these folks are smarter than they seem
[21:57:31] TRC: but was interesting to see turkish leader and Putin meeting
[21:57:50] TRC: turks are not best of friends with Russia
[21:57:55] TRC: lol
[21:58:05] Tf: who is??
[21:58:29] TRC: historically they have never gotten along
[21:59:00] TRC: ottoman empire fought three wars with russian empire
[21:59:04] Tf: I have Russian friends…
[21:59:13] Tf: sweet people…
[21:59:32] TRC: Turkey could say crimea belongs to them
[21:59:40] Tf: yes
[21:59:49] TRC: turks were there before russians
[21:59:49] When is RV?
[21:59:49] Do we have date and rate
[22:00:38] TRC: getting off track here
[22:00:48] TRC: we are talking bout Iraq
[22:00:54] AMG: lol
[22:01:07] AMG: back to Iraq
[22:01:11] AMG sent an audio message: Drumroll
[22:01:16] Tf sent an audio message: Drumroll
[22:01:23] AMG: where’s my rV?
[22:01:46] TRC: Tuesday will be cabinet meeting see what they say
[22:02:06] TRC: parliament session too
[22:03:07] Tf sent an audio message: Drumroll
[22:03:35] Tf: you mean tomorrow, TRC?
[22:03:48] TRC: yes
[22:03:57] Tf: or actually, tonight…our time…
[22:04:18] TRC: what ever
[22:04:32] Tf: their Tuesday will be ending in the morning when our Tuesday is just beginning, right?
[22:04:48] TRC: suppose so
[22:05:18] Tf: that is why I am always hopeful in the mornings when I awake….
[22:05:38] Tf: hoping they have done something while we have been asleep…
[22:21:59] Tf: 1130.6000
[22:22:26] Tf: heading in the right direction….
[22:22:50] Tf: slowly….
[22:23:00] Tf: still up and down…though…
[22:23:13] Tf: still being manipulated….
[22:23:54] Tf: been waiting to see them let it go….run with the big dogs…
[12:54:08] design: so iyo, what did Saleh mean “not suitabe for such a move now” propaganda?
[12:55:16] TRC: he is saying same thing as the rest, the other guy from parliament said in a couple months they will start delete the zeros, aka not right now
[12:55:43] design: i see…..
[12:56:24] TRC: they are all saying same thing
[12:56:46] design: yes, seems like they are
[12:59:32] When is RV?
[12:59:32] Do we have date and rate
[13:00:06] TRC: when the 50k and 100k is released
[13:02:06] design: ok
[13:02:50] TRC: but of course we got investment law too,
[13:03:49] design: yea, hope that gets done fairly soon
[15:13:29] TRC: they never passed investment law today, was not mentioned at all
[15:13:48] TRC: did alot of readings of various laws
[15:14:08] TRC: long speech on Anbar battle
[15:17:48] TRC: back in session tomorrow
[16:39:31] TRC: see Iraqi people are afraid of devalue of the Iraqi dinar
[18:03:40] teledive: Good morning america had Iraq taking a major loss to isis..I chalked it up to propaganda…:(
[18:06:32] teledive: the way it looked on tv was opposite what Abadi professes..ie. Iraq news says they have a handle on isis..GMA says the Iraqi army was a poorly led unit…full of incompetent soldiers..etc.etc
[18:06:59] TRC: according to Iraqi military commanders it was strategic move, preparing for counter offensive, much larger force moving into position.. Abadi removed Anbar commander, but not sure of what force he was in command of
[18:08:51] teledive: that is a relief GMA was strongly saying otherwise Iraq will go down without More help from USA
[18:09:05] TRC: approximately a force of 100,000 are heading to, or moving into position near a air base outside Ramadi, the city mentioned
[18:09:26] TRC: from all over Iraq
[18:09:48] TRC: 5 brigades from Basra alone
[18:09:56] teledive: that is what I read on your posts and I even replayed the GMA story now I can relax…:(
[18:10:52] TRC: Anbar is the biggest battle, may be the biggest, in fight with “daash”
[18:11:54] TRC: when Anbar does get liberated, daash should collapse, it has been the center of sunni and former regime support since 2003
[18:11:57] teledive: those tanks in the posts looked like they mean business
[18:12:41] TRC: hence it is more important than Mosul
[18:13:19] TRC: it was never really overtaken, by US forces
[18:13:45] TRC: they go in win a battle, then leave, the insurgents return
[18:13:58] teledive: that is what I was reading on the posts but the gma story was so not conveying the same picture.
[18:14:11] TRC: what is gma?
[18:14:24] teledive: Good Morning America..
[18:14:30] TRC: oh
[18:15:31] TRC: even during Saddam era, Fallujah was not messed with, he negotiated with the people for support
[18:16:02] TRC: in Anbar
[18:16:49] TRC: some in that province have shown support for daash, no doubt
[18:16:58] TRC: some do not
[18:17:58] TRC: Abadi did not send forces other than Iraqi military into Anbar until he had asked Anbar provincial council to approve such a move
[18:18:55] TRC: they approved it, a couple days ago, now you will see thousands of volunteers to join in the fight, like battle of Tikrit
[18:19:29] TRC: convoys and air transport are moving forces near Ramadi
[18:20:23] TRC: of course in USA, republicans will be blasting obama
[18:21:04] TRC: political forces associated with republicans in the media
[18:21:31] teledive: yea I thought as much propaganda…:(
[18:21:58] TRC: but, a major point is missing, US forces cannot intervene in a sovereign state without their permission or a declaration of war
[18:22:29] TRC: under Maliki, the parliament voted to have US forces leave
[18:22:39] teledive: now there you go they are stirring the pot via the media
[18:23:06] TRC: Abadi has not asked nor parliament approved to have foreign combat troops based in Iraq
[18:24:08] TRC: some politicians singular approach to have foreign troops, but they do not have the authority
[18:24:51] TRC: Iraqi forces far outnumber isis
[18:25:03] TRC: and they have air power
[18:25:33] TRC: fighting in populated area like a city takes time
[18:26:02] TRC: unless you are going to carpet bomb each city like what happened to Berlin
[18:26:13] TRC: Stalingrad
[18:26:17] TRC: Dresden
[18:26:58] TRC: or like Syrian cities now look
[18:27:05] TRC: rubble
[18:27:50] TRC: Abadi does not want to turn occupied cities to rubble
[18:28:01] TRC: :*-/
[18:28:17] TRC sent an audio message: Yell!
[18:28:55] TRC: that’s how the allies got the Germans out of cities in WW2
[18:29:15] TRC: where they made a stand
[18:29:51] TRC: isis could not care less if they turned Iraqi cities to rubble
[18:30:03] teledive: no they would love it!
[18:30:24] design: right, could not care less
[18:30:27] TRC: Abadi wants to win and preserve as much as possible
[18:30:50] teledive: he wants to lead his country to riches not rubble
[18:31:08] TRC: Iraq has the force capable bulldozing isis and everything in it’s path
[18:31:17] teledive: unlike Maliki that wants to merely line his pockets
[18:31:36] teledive: and leave the country a shambles
[18:32:21] TRC: there is 36 million people in Iraq as opposed to 150,000 terrorist gangs
[18:32:51] TRC: most of population is in south and central areas
[18:33:04] TRC: away from isis battles
[18:33:42] TRC: very sparsely populated regions, where the battles are
[18:33:53] TRC: mostly desert
[18:34:43] TRC: Iraq could send a million men under arms into Ramadi if they chose
[18:35:36] TRC: but would lead to chaos I think, as opposed to orderly assault
[20:53:40] design: more good news today i see
[20:54:30] TRC: process continues
[20:54:41] TRC: we got to wait
[20:55:19] TRC: the trade agreements activating, is per the passing of the investment law
[20:56:10] design sent an audio message: Oh Boy!
[20:56:13] teledive: due out on Tuesday!
[20:56:28] teledive sent an audio message: Yahoo!
[20:58:59] TRC: we will see
[20:59:24] When is RV?
[20:59:24] Do we have date and rate
[21:06:45] AMG: News that makes me go Hmmmmmm
[21:07:26] TRC: things keep moving forward
[21:07:39] TRC: need some voting on Tuesday
[21:08:00] AMG: this is from MSNBC – “Iraqi city of Ramadi falls to IS”
[21:08:43] AMG: is leary of US news reports………
[21:09:26] AMG: saw a report that ISF deployed a brigade-size unit to Ramadi
[21:09:31] AMG: hmmmmmmmmmmmmmmmmm
[21:10:23] TRC: Ramadi was under attack, but iraqi forces pushed them back
[21:10:46] AMG: thought so………………..
[21:10:52] TRC: it is on going battle, changes day to day, and lots of propaganda
[21:11:07] AMG: agrees, lots
[21:11:28] TRC: some western media listen to isil supporters from what I see
[21:12:03] TRC: I watch what Abadi says
[21:12:23] TRC: he is on top of things
[21:12:33] AMG: yup , and CBI governor
[21:12:53] TRC: Abadi is on top of everything I think
[21:13:13] TRC: his fingers are very long
[21:13:19] AMG: lol
[21:13:31] TRC: they say he only sleeps an hour per day
[21:14:20] AMG: he wants to get IT done!!!!
[21:14:49] TRC: he asked Anbar council to put a proposal to pass, an agreement allowing volunteers from other areas of Iraq to join in the fight against daash
[21:15:04] TRC: it was passed
[21:15:18] AMG sent an audio message: Oh Boy!
[21:15:39] TRC: before now volunteers were not allowed to take part, only Iraqi army and local tribes
[21:16:15] TRC: thousands from all over Iraq have volunteered to fight daash
[21:16:35] TRC: they took part in Tikrit battle
[21:16:48] TRC: will be now in Anbar
[21:16:54] AMG: awesome
[21:17:50] AMG: loves the news about the ISX and the telecoms
[21:19:18] TRC: CBI governor said in January, that foreign cash reserves would be between 80-100 billion by July, looks like he was correct, they are on the way up
[21:20:01] TRC: oil exports for June are set to be 3.8 million per day
[21:20:39] TRC: expected to break historic record
[21:21:02] TRC: which means big jump in CBI foreign cash reserves
[21:21:39] TRC: oil price seems to be stable at 66 dollars
[21:22:16] AMG: prices have edged up here
[21:23:08] TRC: 66 is ten dollars above budget price, which means financial surplus should be showing it’s head in July
[21:25:57] AMG: surplus is good for all of us
[21:26:39] TRC: seems all the whining about custom tariffs has quieted down
[21:27:11] TRC: they think Abadi will not budge
[21:28:40] TRC: waiting for parliament I think
[21:28:50] TRC: to pass investment law
[21:29:23] TRC: parliament mp said in a couple months , deleting the zeros begins
[21:29:30] AMG: hope it’s passed – soon
[21:29:45] TRC: July, start of second half fiscal year, I assume
[21:30:14] AMG: and Rahmadan is coming up fast
[21:30:47] TRC: WTO schedule to be judged too
[21:43:17] TRC: activating trade agreements is on agenda
[21:43:29] TRC: second half of fiscal year
[21:44:26] TRC: those trade agreements pertain the free movement of money, within them
[21:44:49] AMG: we can only hope they finish IT first
[21:45:35] AMG: and I don’t mean Information Technology (IT) lol
[21:46:00] TRC: :’)
[21:48:17] TRC: I would imagine free movement of money is part of the WTO rules
[21:52:19] AMG: brb, checking something on Warka………………
[21:59:26] When is RV?
[21:59:26] Do we have date and rate
[22:08:21] AMG: hmmm
[22:08:33] TRC: right
[22:09:33] AMG: it appears that Warka has reduced their interest rates
[22:09:45] TRC: ok
[22:09:51] TRC: on savings
[22:10:11] AMG: not 100% on that tho………….
[22:10:25] TRC: but there is larger fee on money transfers
[22:10:30] AMG: savings, cds
[22:11:52] AMG: hmm………………………still a LOTs better than US banks
[22:12:06] AMG: which pay next to nothin
[22:13:06] AMG: i’ll know better in July when they post the interest
[22:13:16] TRC: inflation rate is slightly higher in Iraq
[22:13:30] AMG: yup, noticed that
[22:13:50] TRC: but deleting zeros is supposed to end that
[22:14:03] AMG: so what are they gonna do about it……….. lol
[22:15:06] TRC: do it
[22:18:29] TRC: deleting zeros is supposed to put Iraq on same footing as major western economies
[22:23:39] AMG: :*-/
[22:25:50] TRC: inflation wise
[22:26:02] TRC: and banking
[22:27:39] AMG: Noticed that Citibank is not listed as a correspondent bank anymore
[22:28:08] AMG: – for Warka…………….hmm
[22:40:37] TRC: hmm
[22:40:54] TRC: must go thru Deutsche Bank
[22:47:17] AMG: or Commerzbank
[21:46:16] design: hows things
[21:47:37] TRC: good
[21:48:14] TRC: no talk of custom tariffs today
[21:48:19] TRC: :*-/
[21:48:28] TRC: whining stopped?
[21:49:53] design: whining?
[21:50:14] design: complaining?
[21:50:21] TRC: last week, every day, there was complaints
[21:50:37] TRC: they wanted it cancelled
[21:50:46] design: right
[21:51:01] design: done deal
[21:54:13] TRC: by the time parliament goes back, will be about two weeks of new fees
[21:56:30] design: ok…. when is parliament back
[21:56:35] TRC: 19th
[21:59:28] When is RV?
[21:59:28] Do we have date and rate
[21:59:51] design: thought Abadi cancelled leaves
[22:00:40] TRC: no leave, was president of parliament cancelled vacations, not Abadi
[22:00:59] TRC: there will be meetings daily
[22:01:22] TRC: but no official session to read any laws or vote
[22:01:46] design: i c
[22:01:56] TRC: they trying to get agreements to pass laws
[22:02:33] TRC: more work is done outside an official session than during, same with your congress
[22:03:26] design: guess so….
[22:06:58] TRC: a number of laws are ready for final vote
[22:07:20] design: should be focusing on investment law…lol
[22:07:28] TRC: hopefully 19th will get it done
[22:07:40] design: hope so..
[22:07:43] TRC: vote on all
[22:07:55] design: yep
[22:08:07] TRC: federal court, national guard, investment law
[22:09:00] design: then maybe cbi can do something.
[22:09:07] TRC: supposed to be a program on CNN , on Monday nite I think, on isis
[22:09:50] design: ok
[22:09:56] TRC: a reporter got into Mosul or a city in Syria, not sure which,
[22:10:12] TRC: had interviews with isis
[22:10:25] TRC: he must have had some balls
[22:10:37] TRC: most those guys do not get out
[22:10:41] design: don’t usually watch CNN….. but will look for it
[22:11:03] TRC: noticed it this morning was talking bout it
[22:11:46] TRC: very rare footage
[22:12:03] TRC: isis do not like western media
[22:12:16] design: guess not
[22:12:31] TRC: CNN got inside some how
[23:05:43] whippersnapper: you are faithful, TRC
[23:05:52] TRC: faithful?
[23:06:02] whippersnapper: yes, faithful
[23:06:17] TRC: hmm, just following the news
[23:06:46] whippersnapper: no, you do much more than just follow the news here
[23:06:58] TRC: 😉
[23:07:36] TRC: customs tariff is in effect
[23:07:56] whippersnapper: yes, I read your posts
[23:08:28] TRC: lots of protest but they went ahead
[23:09:06] TRC: now we need cbi to rv
[23:09:07] whippersnapper: good for them
[23:09:23] whippersnapper: change is painful
[23:09:32] whippersnapper: but necessary
[23:09:37] TRC: it will take some time for imports to affect pricing in market
[23:10:00] whippersnapper: Iraq needs a viable rate for the dinar
[23:10:12] whippersnapper: more than anything now
[23:10:27] TRC: but some businesses may hike prices right away
[23:10:40] whippersnapper: without that, they are dead in the water
[23:11:03] TRC: government said they would be fined if they take advantage of situation
[23:12:07] whippersnapper: they have been working to set things in order and in place for the dinar to take its rightful place in the international currency exchange
[23:13:28] whippersnapper: As each milestone is passed…..
[23:14:04] whippersnapper: It has unfolded just as you said that it would..
[23:14:27] TRC: Abadi wants into WTO
[23:14:41] whippersnapper: now we are here….waiting for the gates to open and the race to start…
[23:15:14] whippersnapper: good for him
[23:15:44] whippersnapper: any Iraqi with any sense or understanding wants this also…
[23:15:44] TRC: in June they start getting rid of ration card
[23:15:52] whippersnapper: yes
[23:16:05] TRC: cannot use it as member of WTO
[23:16:42] TRC: they will start handing out amounts of money thru smart card
[23:16:57] whippersnapper: yes
[23:17:18] TRC: they need credit rating too, maybe by June
[23:17:42] whippersnapper: let’s hope for them
[23:20:27] whippersnapper: we can only still hope…
[23:20:44] whippersnapper: yet, things have unfolded as you said they would, TRC
[23:21:23] whippersnapper: I have no reason to believe we won’t see this finished…..soon
[23:21:50] TRC: I believe Abadi will follow thru
[23:21:55] whippersnapper: yes
[23:22:48] TRC: he said to parliament , you do not like my work, you can vote to remove me, i will leave
[23:22:50] whippersnapper: Iraq has no choice but to follow through, IMO
[23:23:10] whippersnapper: it is time
[23:25:18] TRC: everyone is just waiting
[23:33:31] whippersnapper: I truly believe that we could see a rate any day now, TRC
[23:34:19] TRC: definitely
[23:34:26] whippersnapper: the dinar is listed on Forex….it just needs a rate….a viable rate
[23:34:59] whippersnapper: a rate that will hold its own on the international currency exchange of currencies
[23:35:58] whippersnapper: that is all Iraq needs now to move forward, IMO….when they have a viable rate for the dinar….everything else will follow
[23:36:30] whippersnapper: without a viable rate for the dinar, IMO, they are dead in the water….
[23:36:56] whippersnapper: you would think every Iraqi would understand this…
[23:37:10] whippersnapper: but, it seems that some do not understand this…
[23:37:27] whippersnapper: by what they say and write….
[23:37:38] TRC: was discussed a couple years ago, why not delete the zeros when you activate tariffs
[23:37:54] whippersnapper: yes
[23:38:45] TRC: seems that is the idea, but will not be like a light switch, maybe over next couple weeks
[23:39:36] whippersnapper: nothing in this dinar revalue process has been like a light switch, IMO
[23:40:06] TRC: many expected that
[23:40:13] whippersnapper: I for one used to think it would be like a light switch….
[23:40:43] whippersnapper: remember when we waited for the UN to lift chapter 7 sanctions???….
[23:40:54] TRC: took long time
[23:40:59] whippersnapper: yes
[23:41:26] TRC: mainly because Iraq refused to recognize Kuwait’s border
[23:41:37] whippersnapper: all I can say is that we have passed many milestones along the way….
[23:41:59] whippersnapper: milestones that we don’t have to go back and pass again….they are behind us….
[23:42:37] whippersnapper: we may still have a few milestones ahead that I am not aware of….
[23:42:42] TRC: many protested when parliament voted to recognize border with Kuwait
[23:42:50] whippersnapper: yes
[23:42:58] TRC: had to be done
[23:43:03] whippersnapper: yes
[23:44:40] TRC: seeing same thing now, with custom tariffs
[23:44:53] TRC: but, was quiet Sunday
[23:45:49] whippersnapper: yes, you are right, TRC….we are seeing the same thing now with the customs tariff law…
[23:47:15] whippersnapper: like we said, change is painful…
[23:47:20] whippersnapper: but necessary
[23:47:37] whippersnapper: to move things forward….for the good of all Iraq
[23:47:59] whippersnapper: again, you would think that the Iraqis would understand this…
[23:48:35] whippersnapper: about the time you think they are working together for the good of all Iraq,,,then someone gets selfish….
[23:49:40] whippersnapper: well, let’s hope for them….that they can get it done…
[23:50:04] TRC: they will
[19:48:53] teledive: another busy news day?
[19:49:38] TRC: news on the tariffs, was interesting
[19:50:16] teledive: albeit confusing…lol
[19:50:19] TRC: seems to say, Kurdistan has lower tariffs at borders than Basra region
[19:50:41] TRC: does not make sense indeed
[19:51:27] teledive: no wonder folks feel it’s unfair..:(
[19:52:10] teledive: because it isn’t
[19:52:27] TRC: am sure it will get straightened out
[19:52:38] teledive: I agree
[19:55:22] AMG: is it just me or is there less news coming out of Iraq this week
[19:55:45] TRC: what sort of news
[19:55:54] teledive: it leaks out to protect the innocent…:)
[19:55:58] AMG: general stuff
[19:56:16] teledive: or guilty as it were…
[19:56:47] AMG: guess it’s just me……….workin too hard
[19:57:13] TRC: well, lots of war news
[19:58:38] TRC: Anbar battles going on
[19:58:56] TRC: around Ramadi and Fallujah
[19:59:27] TRC: baghdadi supposedly is wounded again
[19:59:36] TRC sent an audio message: Laugh
[19:59:48] AMG sent an audio message: Laugh
[20:00:12] TRC: someone else is leading them now so says news
[20:00:28] AMG: gimme an M-14, I’ll make it permanent
[20:00:37] AMG sent an audio message: Drumroll
[20:01:01] AMG: M-16s suck IMO
[20:01:07] TRC: al douri is dead by looks of it, although baath party says he is not
[20:02:17] TRC: german intelligence says isis was formed by saddam’s former intelligence agency
[20:02:51] TRC: al baghdadi is just figurehead
[20:03:16] TRC: al douri was true leader
[20:03:26] TRC: or is..
[20:03:51] TRC: DNA tests are being done to confirm if al douri is truely dead
[20:05:02] TRC: pentagon calls al douri Ace of Spades
[20:06:27] AMG sent an audio message: Say What?!
[20:06:50] AMG: 😉 yup, at the top of the deck
[20:07:13] TRC: he must have been or is one slippery dude
[20:07:19] TRC: :whistle:
[20:08:03] TRC: supposedly the architect of whole insurgency
[20:11:51] AMG: well, on another note, May is a week away…….
[20:12:28] AMG: the 50 notes pulled in, what will be the next move???
[20:12:35] AMG: hmmm
[20:13:58] TRC: investment law should be passed on 28th
[20:14:36] AMG: finger Xed
[20:14:36] TRC: allowing it to be activated following few days
[20:14:41] AMG sent an audio message: Drumroll
[20:16:06] TRC: yesterday government activated government payments thru private banks,
[20:16:46] AMG: nice
[20:16:49] TRC: and Trade Bank of Iraq will issue lines of credit to private banks
[20:17:24] TRC: this goes in hand with the smart card payments,
[20:17:57] AMG: just got MY first smart card……….cool
[20:18:19] TRC: but remember the Rasheed and Rafidain banks will be restructured, to become private banks as well
[20:18:41] AMG: didn’t know/remember that
[20:18:49] TRC: all of this stuff is connected,
[20:19:23] TRC: since the investment law has section per free movement of money in and out of Iraq
[20:19:50] TRC: private banks must take lead in free market economy
[20:20:14] TRC: and currency markets
[20:20:15] AMG: yup
[20:20:25] AMG sent an audio message: Yahoo!
[20:20:45] TRC: government banks cannot partake, lets say in Forex
[20:21:13] TRC: so unleashing private banking in all trade, is very important
[20:21:23] AMG: makes sense
[20:40:20] TRC: all of these things also lead to the WTO scheduled judging Iraq’s progress in July, in order for full membership
[20:41:22] AMG: 😉
[20:45:28] TRC: per the 50,000 banknote, purpose is to make a smaller number of banknotes, it is part of the deleting the zeros
[20:46:16] TRC: remember the deleting the zeros is shrinking numbers of banknotes from 4 billion to 1 billion
[20:46:22] TRC: typos
[20:46:28] TRC: 😮
[20:46:56] TRC: that and payrolls using smart cards
[20:47:08] TRC: no need to use cash
[20:51:02] AMG: yup lowering the note count………………………..awesome ^.^
[20:51:06] AMG sent an audio message: Oh ohh!
[20:59:04] When is RV?
[20:59:04] Do we have date and rate
[20:59:26] TRC: also CBI ordered the drawing in of worn banknotes, to be destroyed
[21:26:24] AMG: ….a fellow dinarian sold their last several million IQDs…………………makes me feel
[21:27:15] AMG: sure they had a very good reason
[21:27:55] AMG: being sooooooooooo close
[21:28:03] design: yes
[22:58:15] TRC: signs are definitely showing, they are preparing to change the currency
[22:58:39] design: yes…. agree
[21:10:25] AMG: is having lunch with Abadi tomorrow…………..we’ll discuss the RV 😉
[21:10:41] TRC: Abadi knows you
[21:11:16] AMG: he will 😀
[21:11:19] AMG sent an audio message: Laugh
[21:12:26] TRC: anything on tv in USA
[21:12:35] TRC: Fox or cnn
[21:12:40] AMG: haven’t seen much on the local news……..maybe hush hush
[21:15:18] AMG: WASHINGTON (AP) — The White House says Iraq’s prime minister didn’t make any specific request for additional military help in the fight against Islamic State militants, as he met today at the White House with President Barack Obama.
Obama expressed support for that effort, but made it clear that ultimately, Baghdad must be in charge of its own destiny.
He pledged $200 million in humanitarian aid
[21:16:24] TRC: seen that post, someplace
[21:16:46] TRC: thought I would wait see what else comes out
[21:16:56] TRC: 😉
[21:17:29] AMG: not much else
[21:17:57] TRC: Abadi said earlier if USA does not supply Iraq, they will look elsewhere
[21:18:11] AMG: for sure
[21:18:24] TRC: but Abadi may have jetlag, need a day to focus
[21:18:46] TRC: just flew in late last nite
[21:41:44] ale: whens rv
[21:41:48] ale: date and rate?
[21:52:11] TRC: end of the month, could be a shot
[21:52:24] TRC: when the 50’s are void
[21:52:59] ale: was a bit discourage with parliament saying they have no plans of removing zeros any time soon
[21:55:44] TRC: they never said that, at current time
[21:55:59] TRC: meaning this week
[21:56:14] TRC: they will not tell you when
[21:56:44] ale: an economist said that the deletion of zeros and the issuance of large groups will help to raise the value of the Iraqi dinar, ruling out the implementation of the project in current time. – See more at: http://www.oneiraqidinar.com/parliament-announces-near-new-version-of-currencies/#sthash.25jrZiWd.dpuf
[21:57:11] ale: agreed tho, they wont pretell us
[21:57:13] TRC: CBI wont tell you, they may say not this week, then do it next day
[21:57:39] TRC: nature of the investment
[21:58:23] ale: yup
[21:59:10] When is RV?
[21:59:10] Do we have date and rate
[22:02:44] TRC: they are trying to bring down cash bloc now
[22:03:16] TRC: all payments now by government banks will now be thru smart card, no more cash
[22:03:54] TRC: cbi has ordered banks to start bringing in damaged currency to be destroyed
[22:05:20] TRC: talking of printing 50,000 banknotes, to bring down the number of banknotes in circulation, and easier storage
[22:05:53] TRC: this is all preparations to delete the zeros