Author Topic: Michigander Morning Drive By  1/20/2016 8:59am est  (Read 271 times)

Online arizona49

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Michigander Morning Drive By  1/20/2016 8:59am est
« on: January 20, 2016, 09:31:22 AM »
Michigander Morning Drive By  1/20/2016 8:59am est
arizona49:
michigander Good morning
Michigander:
morning arizona
Michigander:
An invitation to link the Iraqi dinar to the global economy 1/19/2016 noting the importance of the introduction of the Iraqi dinar to global markets.Mahmoud said that linking the Iraqi dinar to the global economy leads to obviate the need for an auction of hard currency, which will determine the dinar exchange rate universally Iraqi against a basket of world currencieshttp://alsabaah.iq/ArticleShow.aspx?ID=108592
Michigander:
"linking of the Iraqi dinar to the global economy" he is talking about moving to a floating dinar. The dinar is already linked to the dollar, so that cannot be what he is referring to. In fact, he is even more specific in the last paragraph where he refers to the global market determining the exchange rate of the dinar through a basket of currencies. This is the definition of a float. He is also quite clear that he has no fear that the value of the dinar will fall; on the contrary, he mentions Iraq's high reserves and believes that the dinar will be among the strongest currencies in the world.
arizona49:
We've been discussing that article since Monday, very interesting stuff.....
arizona49:
Very good stuff....TK/Mac discussed in an evening chat 1/18/2016  >>>> http://www.thegetteam.com/forum/index.php/topic,57212.0.html
Michigander:
yup sure is it shows that a flote is the way they will go great stuff
arizona49:
Yes, it does
Michigander:
Iraq hosts the financial and banking conference next March January 19, 2016 The event will be held from 7 to March 8, 2016 in Beirut, Lebanon. http://www.mubasher.info/news/2893406/%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D8%AA%D8%B3%D8%AA%D8%B6%D9%8A%D9%81-%D9%85%D8%A4%D8%AA%D9%85%D8%B1-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D9%88%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%81%D9%8A%D8%A9-%D9%85%D8%A7%D8%B1%D8%B3-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84
arizona49:
They were very excited about the article and also this one >>> The application of customs duties on goods entering Iraq tariff 1/19/2016 0:00 Baghdad Al-Sabah announced that General Customs Authority to start applying the tariff law on goods entering Iraq, including the Kurdistan region. He said Associate Director of body shimmer Samurai «morning»: The «body began applying the tariff law on all land, air and sea ports, including Kurdistan region with effect from Monday ». He added that« trucks will pay amounts ranging from 5 to 25 percent of the value of the goods met by the Commission staff who are stationed on the cities, particularly Baghdad outlets. »
Michigander:
Parliament on the cusp of several laws legislation 1/20/2016 is seeking all parliamentary blocs, to approve laws that have been carried over from the previous legislative term, in particular the Labour and Social Security and the Council of the unified service laws. Those endeavors, accompanied by parliamentary calls, the government demanded the return of laws that have been withdrawn by the Council of Ministers.   http://alsabaah.iq/ArticleShow.aspx?ID=108721
Michigander:
I believe that now that parliament is finally back in session that they will try and get the laws done that are still needed before the conference in march
Michigander:
yes I posted that article in here yesterday
Michigander:
its good to see the tariffs being implimented