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Ok so maybe you are going to be rich soon and "frugality" will not be in your vocabulary -- I hope you are right -- so read this article anyway and make a copy to give to friends who told you the Dinar was a scam or who would not dare invest -
Small Amounts Matter By J.D. Roth
This article is the fifth of a fourteen-part series that explores the core tenets of Get Rich Slowly.
Getting started with smart personal finance isn't always easy. It's one thing to read about the steps you should take, but it's another thing to actually do them. Your debt is so overwhelming or your saving goals so lofty that you begin to believe that the only way you'll ever get where you want to be is by winning the lottery.
Part of the problem is that we live in a society that idolizes the Big Winner. Nobody celebrates the guy next door who bikes to work, grows his own food and cooks his own meals, shops at the thrift store, and gets all his books from the library. That sort of life isn't glitzy. Yet it's that sort of life that can (and does) lead to true wealth. ...
[Adam Montana] No RV yet - I don't care who said people were cashing in over where, what bank screens are flashing numbers in the back room, or who's janitor overheard Maliki texting Shabibi about $3.86... it didn't happen yet
[Adam Montana] with that out of the way (sorry to let anyone down!) we are still looking at a couple of important events and opportunities in the very near future, BUT NOT UNTIL after Ramadan. Until Ramadan is over (August 18-19) nobody will be cashing in.
[Adam Montana] the good news is that right now we are nearing the end of this month-long holiday and from the looks of it - things are coming along VERY nicely and before you ask - YES, I believe it has a chance to happen this year. Exactly when? Who knows. Definitely after Ramadan is over, after that it's open season on the RV Geese. ... Read More
Steveo: 8-8-2012 Kaperoni Now this quote is simply amazing. "This does not affect the value of the dinar so far but it opens the dinar to the free currency market such as against the dollar, etc." It is telling us that the value of the old dinar (3 zero notes) is not effected. Clearly, this is what we want. Some may want to interpret this saying "yes the value does not change and the exchange rate also stays the same," ie (LOP) Well this next quote...puts an end to that theory as well..."If three zeros were lifted from the IQD, this means the IQD becomes stronger 1000 times in terms of value."
This in itself is all we need to be assured of our investment. But the good Dr. [Bakri] gives us the dagger in the LOPster heart with this gem of an example..."For example, a pack of cigarettes that was selling for 1000 dinar would be only 1 dinar. If it was a conversion like that, if the three zeros were lifted from the previous currency, this means the old 1000 dinars will buy 1000 packs of cigarettes instead of 1.
[cruiser] chrivers here u go. Just where a mask because the smoke may choke you lo
The IQD Team Investigate, Question & Deliver Tuesday, August 7, 2012 Highlights/Summary & Replay of Conference Call
Conference Call Replay - August 7, 2012 Download/Playback or 760-569-7699 Pin 769478# The IQD Team plus LJ's Next Step Team Two Teams, One Vision Working Together arriving at the same place for the Dinar Community Tariq joined us tonight to update us on his progress since he arrived in the United States
Great Round table Discussion between LJ, Don, Barney & Straight Talkin Mike...Must listen to call.....The tone of the articles have changed.....cohesion, unity, team work, brotherly commitment, partnership, convergence of views, parties possess patriotism, goal to serve the country, and reconciliation, working together in peace...Great analysis and discussion
8-8-2012 SWFloridaGuy: There are many reports lately suggesting that an agreement on key reforms has been struck. If Maliki advocates strict adherence to these reforms, then we may see a National Meeting where the Iraq List is in attendance. Allawi has made it clear that unless parts of the Erbil agreement are implemented they will continue to boycott any attempt at a National Conference, just as they did last time.
So, the fact that they are coming back to the table and moving away from questioning the Prime Minister is a great sign that there truly is a deal in the works. We are seeing not only from Maliki's camp but also from his opposition that they are maneuvering toward reaching (or already have) a consensus on implementing a reform proposition.
Of course until we see this actually happen, history has taught us to remain skeptical but the recent tone of the GOI certainly leads me to believe they are at least trying to strike a deal. The stability of the GOI is undoubtedly an appurtenant component to any currency reform project the CBI may be working on.
So, if true, this is great news for anyone investing in Iraq and something we should all keep an eye on.
[Imperium] All things considered.. all this news out of Iraq is just blah-blah and has nothing to do with an rv or global banking reset. it's all entertainment to keep us off stride. a massive disinfo campaign
[Papa Bear] Imperium We just are ready for the movie to end
Net private capital flows to Iraq of $ 6.9 billion abroad 08/08/2012
Baghdad / follow-up JD : solve Iraq IV at the level of net private capital flows to the outside during the last 11 years $ 6.9 billion.
annual report to the investment climate in Arab countries for 2011 issued by the Inter-Arab Investment Guarantee Corporation and Export Credit "guarantee": The "Kuwait was ranked first, with a total value amounted to 209.8 billion dollars, followed by Libya valued at 27.6 billion dollars, followed by Bahrain valued at 7.3 billion dollars, Iraq is $ 6.9 billion, then Palestine $ 1.4 billion dollars."
The report noted a rise in the gross investment in the States Arabic by 1.2% from about $ 490 billion in 2010 to 496 billion dollars in 2011 despite witnessed the Arab arena events and developments. Read More
National Alliance held a regular meeting to discuss the political situation and many other topics 08/08/2012 15:03:42 Wednesday
Baghdad (news) : Declared the head of the Liberal MP for the / National Alliance / Bahaa al-Araji, a meeting periodically included all components of the alliance at the head of the Iraqi National Congress, Ahmed Chalabi.
They said in a statement received by the Agency (news) a copy of it on Wednesday: that the meeting was an important He focused on the five axes, first discussed the rules of procedure of the National Coalition for a vote at the next meeting which will be at the earliest opportunity after the Eid al-Fitr, and the second to emphasize that we are part and parcel of the National Alliance, which is regarded as the parent of the rule of law and the National Coalition.
White bloc: the national meeting after the return of President Talabani will have a positive impact on the political process 08/08/2012 13:46:56 Wednesday
Baghdad (news) : confirmed mass white parliament, that the national meeting after the return of President Jalal Talabani of the medical trip will have a positive impact on the political process.
and the bloc said in a statement today: the early convening of the national meeting will be a complete solution to the current political crisis and to prevent external interventions, suffered by Iraq a lot in recent times and indicated the cluster in its statement to: The National Meeting is the perfect solution to all problems of the country if ratified intentions was abandoned personal interests, calling at the same time the political parties to strengthen the language of direct dialogue to resolve all outstanding problems and resorting to the Constitution as a reference to resolve the country's crises. http://www.ikhnews.com/news.php?action=view&id=51486
$ 60 billion from the funds of U.S. wars blazed contractors Wednesday, August 8, 2012 15:34
Translation / Baghdadiya News : Report Herald newspaper said that the United States on the list of tasks of any American president to the winner in the upcoming U.S. presidential election in November that the concentration of efforts with the U.S. Congress
To resolve the issue the issue of U.S. government spending in Iraq and Afghanistan. The committee has been formed to examine the contracts at the time of the war in these two countries have concluded that there are between 31 to 60 billion dollars have been wasted by contractors as a result of fraud during emergency operations in Iraq and Afghanistan. Read More
Kurdistan region pulling away from Iraq's control August 8, 2012
Iraq's Kurdistan Regional Government's (KRG) is increasingly signing unilateral oil deals with international oil giants, bypassing Baghdad.
Iraq's central government is insisting that all such regional deals first be cleared by the Iraqi government, but the oil majors have apparently concluded that such diplomatic niceties are largely irrelevant in their search for profits, and are now cutting deals directly with the KRG in Iraqi Kurdistan's capital Erbil.
The latest Western oil major to bypass the government of Iraqi president is the French energy giant Total, which in 31 July issued a press statement noting, "Total has completed an acquisition of 35 percent interest in two blocs, Harir and Safen, held by (U.S. company) Marathon Oil... The blocs respectively have a surface of 705 square kilometers (272 square miles) and 424 square kilometers (163 square miles)." Read More
Central Calls for Investigation "immediately" to "alleged" involvement of politicians, money laundering and stresses that his work is subject to control 08/08/2012 05:57
BAGHDAD / Center Brief for the Iraqi Media Network : demanded CBI investigation "immediately" to "alleged" involvement of politicians, influential phenomenon of money laundering, stressing the seriousness of this matter which targets national security, denied that the bank aware of these allegations, especially since all sales currency controlled substance, and sold at public auction.
The bank's claim against the backdrop of announcement of the parliamentary finance committee member Haitham Jubouri today about the involvement of influential political figures, (undisclosed), the phenomenon of trafficking (5-10) million dollars a day through an auction sale of the currency, and his confirmation that Dzoualamwal go to support "terrorism." Read More
Jubouri accused of influential figures in the Central Bank to "smuggle $ 10 million a day to finance terrorism." 08/08/2012 2:41 p.m
Alsumaria News : Accused member of the Finance Committee in the House of Representatives Haitham al-Jubouri, Wednesday, political figures influential in the central bank to "smuggle ten million dollars a day to finance terrorism," warning of the collapse of the country's economy if the bank continued to sell $ 55 million annually, while the likely dismissal of central bank governor Shabibi if proven guilty.
Haitham Al-Jubouri in a press conference held at Parliament on Wednesday, attended the "Sumerian News", "There is information about the breaches in the Iraqi Central Bank by the control of certain companies to auction the central bank and the absence of regulations and instructions to sell the currency," asserting that " There are six companies and six figures including influential political figures in the Central Bank of escape from five to ten million dollars a day. " Read More
Disagreement about the Iraqi debt Kuwait: payment began in 1991 or 2003? 2012-08-08 12:35:00
BAGHDAD (Iba) / follow up : While Deputy Iraqi to pay the full amount your financial compensation Kuwait Airways for closing the cases against their Iraqi counterparts, revealed a colleague for a �different time� in the statements of the ministries of Finance and Foreign Affairs regarding the payment of debts to Kuwait owed Iraq arising as a result of Saddam's invasion in August , 1990.
She explained the Attorney Magda Abdel-Latif al-Tamimi - Member of the Finance Committee, the parliamentary - that of its parliamentary owns �a formal letter from the Office of Financial Supervision refers to a difference in the financial statements on the payment of debts to Kuwait�, indicating that the Ministry of Finance indicate that the deduction of 5 per cent of the revenue Iraqi oil in favor of Kuwait began in 2003, while The Ministry of Foreign Affairs that payment began in 1991. Read More
Sadoun: There are red lines that can not be of the Alliance of Kurdistan waived .. Such as Article 140 and the arming of the Peshmerga and the oil contracts 08-08-2012
Baghdad (news): The MP said the Kurdistan Alliance Mohsen Saadoun, said that all political forces, Kurdish, agreed on the type and size of the differences with the federal government, and denied that there are differences or disputes between the Kurdish forces are all about the problems with Baghdad.
He Sadoun in a telephone conversation with the Agency (news) said on Wednesday: The forces Kurdish, her uniform direction of the differences with Baghdad, and agreed on the need for Kurdistan on the benefits granted to them, saying that the delegation of the Supreme Council for negotiating will visit Baghdad after the holiday of Eid al-Fitr to discuss differences with Baghdad. Read More
9:34 AM [BOBGETZ6] Good Morning MIG. I just want to say that the KC Mana post to all of the Studley, General64 registered members for the Wells Fargo group, was excellent advice.
I do not agree that people should stay off of chat sites, unless they believe everything that they hear and take it internally as gospel. Our site, in particular runs very smoothly, and there is a reason for that.
That does not mean that you have to agree with, nor believe that which is posted. Some do not wish to be posted on Recaps, but if someone puts it out there, IMO, it is public domain.
I rarely listen to conference calls as I often have better information than is spoken about and find that the leaders of some calls, basically use other's information and embellish it as if it were their own. My advice is to stay grounded, don't put every "newsflash" as something that important and tie it to something else and make it an rv time and amount. Hope this helps while we wait. ...
** Be sure to join our daily chats at 6:30 PM EST and our Round Table Chats every Monday, Wednesday and Friday at 1PM EST at PeopleInvested.com **
[millionday] Announced yesterday an agreement in principle to hold a meeting between leaders of political blocs, or what he described as "leaders of the first line" after the return of President Jalal Talabani after the holiday Eid al-Fitr, according to parliamentary sources revealed for "Brief Center for the Iraqi Media Network." This information coincides directly with the National Alliance to form sub-committees and re-arrange the priorities of the reform project. A member of the Kurdistan Alliance MP Mahmoud Othman told the "Center Brief for the Iraqi Media Network": that "efforts are being made to calm the situation in preparation for the return of President of the Republic of treatment after the holiday trip." Uthman added, "It is the decision and after the return of President of the Republic to hold a meeting of all political forces around the table will be crowded with files and issues after it emerged that the solution lies in dialogue and round table, which turned out for the rest of the components after the failure of confidence and interrogations."
millionday] And asked the President of the Republic two months ago, the initiative provides for the eight items and the priorities of work. For his part, said a spokesman for the Supreme Islamic Council, Sheikh Hamid Maaleh: that "there is the desire of all the forces of parliamentary that is activated reform project in accordance with the guarantees and to clarify the road map." Predicted Maaleh in a statement particularly for "Brief Center for the Iraqi Media Network," that opens up the political landscape on the agreed solution and the convergence is imminent following the healing of parliament after the Eid al-Fitr and the resumption of its meetings be accompanied by the return of the President to raise the political forces at the table of dialogue. ""The Bargaining Committee has held several important meetings and decided to rearrange the priorities of the reform project and the formation of committees and workshops to provide the prerequisites for the paragraphs contained in the reform paper."
This article is the fourth of a fourteen-part series that explores the core tenets of Get Rich Slowly. It's also a part of National Save for Retirement Week.
One of the oldest rules of personal finance is the simple admonition to pay yourself first. All the money books tell you to do it. All the personal finance blogs say it, too. Even your parents have given you the same advice.
But it's hard. That money could be used someplace else. You could pay the phone bill, could pay down debt, could buy a new DVD player. You've tried once or twice in the past, but it's so easy to forget. You don't keep a budget, so when payday rolls around, the money just finds its way elsewhere ...
The big call with Foot Forward: Tuesday, Aug. 7th Recorded Call- (760) 569-7699, pin 169061#
FootForward from the Big Call tonight: : We have undeniable proof we are right on top of this. This could happen 10 minutes from now or it could have already happened. Ramadan is of no consequences. Syria has nothing to do with this. Iraq has nothing to do with this. The media does not tell you everything. The VND and all the currencies will go at one time in order to accomplish what they want to do. In my opinion, I think we are looking for double digits. Even the bad guys want this done by Jan. 2013, will it go till then, I don't think so. Based on what happened today, it could happen anytime.
[Pearlnoir] ..SweetQueen as I stated before... Madame Wu is Chinese... Chinese believe in Feng Shui... 8 is a chineese lucky number... tomorrow August 8th day may be our lucky day... how about that intel?...
[..SweetQueen] Pearlnoir I LIKE YOUR INTEL, YOUNEVERKNOW PRAYING IS RIGHT! ....
Crescent Petroleum and Dana Gas Kurdistan Production Reaches 70,000 barrels per day August 8 2012
Project Investment approaches $1 billion - the highest in Kurdistan Region of Iraq 258 billion cubic feet of gas and 12.1 million barrels of condensate liquids produced
Leading Middle East private oil and gas company Crescent Petroleum and its partner and affiliate Dana Gas PJSC, the region's first private-sector natural gas company, have, in their capacity as joint operator of the Kor Mor field, announced that total production in their major gas operations in the Kurdistan Region of Iraq has grown steadily to reach 70,000 barrels of oil equivalent per day, with total investment to date approaching US$1 billion. The production includes 330 million cubic feet of gas per day and 15,000 barrels per day of condensate liquids, and there are plans for further expansion.
An armed gang Rob (53) million dinars from the Banking Center of Kirkuk shop owner 2012-08-08 14: 03: 40 Wednesday
Kirkuk (newsletter) : One of shopkeepers banking suffered an armed robbery which resulted in steal (53) million Iraqi dinars in Central Kirkuk.
A security source said (News Agency news) on Wednesday an armed group carried out a robbery at the shop stock exchange when he was returning to his home near Granada neighborhood in Central Kirkuk, captured (53) million dinars and holds personal handgun.
He added: security forces circulated specifications gangster checkpoints and the car carried the process. http://www.ikhnews.com/news.php?action=view&id=51496
Iraq: PM Maliki "frozen" ... And warn against procrastination or delay reform paper being exposed to real risks/extended/ 2012-08-08 13: 44: 42 Wednesday
Baghdad (News) : He said House speaker Tehran, that the country of Osama is exposed to real risks, due to the political crisis, calling on the media to stop escalation between political blocs.
Iraq said at a press conference in the House of representatives building attended by a reporter (News Agency news) on Wednesday: the political problem still existed and the subject of reform is necessary to stop the deterioration and finding commonalities, warning any procrastination or delay or lack of seriousness in the reforms, it would aggravate crisis.
He noted: the series of dialogues between him and Prime Minister Nuri al-Maliki, head of the Islamic Supreme Council, Ammar Hakim, leader of the National Alliance, Ibrahim Al-Jaafari as fruitful and meaningful dialogues, will contribute to resolving the crisis.
Member of Finance Committee: There is a drain of hard currency in central bank auctions require direct intervention to curb 08/08/2012 12:11
The member of the Finance Committee MP / National Alliance : Haitham al-Jubouri, Presidency of the Council of Representatives to intervene directly to stop the drain of foreign exchange and money laundering in the auction the central bank.
Jubouri said in a press conference on Wednesday: The serious information and many useful obtaining significant violations per day at the Central Bank, caused by control of the mafias from inside and outside the bank and limited companies on the auction sale of hard currency, in addition to the lack of seriousness in the activation of the Anti-Money Laundering No. (93).
He added there is a danger surrounding the capital deposited in some private banks, as happened in the bank of Basra and Warka, with the absence of regulations and instructions concerning the mechanisms of sale of the currency.
Iraq Signs Accord With U.K.'S Pell Frischmann On Water Project August 8 2012
Iraq signed a contract with Pell Frischmann Ltd. for the design of a $85 million water project in the western Al Anbar province, a local municipal official said.
The U.K.-based consulting company will draw designs for a new water station in Hadeetha, which will pump 4,500 cubic meter of water an hour to feed surrounding towns, within two years, Basim Naji said by phone today.
Economists: the Central grant the private banks $ 30 million a day and the last conflict of the 08/08/2012 9:38
Detect financial experts that the Central Bank of Iraq provokes crises to disrupt the country's economic development. And among experts who preferred anonymity, said that "the bank flops its policies since 2005 and even now, when he proceeded to plan the introduction of investment," Night "by calculating the benefit of rewarding the banks and private banks reached to 22%. "
Experts pointed out that "the damage caused by this procedure, which was older than the central bank interest him," and argued that "the investment of funds by private banks is a profitable and rewarding dramatically, which led to the stoppage of all other banking transactions."
They added that "all transactions stopped the conversion of projects from 2005 until 2009, as well as the financing of construction projects and to support the factories and banking services."
Parliament restores the supplementary budget to the government 08/08/2012 9:03
Announced that the parliamentary finance committee for the House of Representatives decided to return the supplementary budget to the government and stay with her disposition of the surplus from the sale of oil imports, according to the provisions of Article 23 of the Code of Federal budget.
Said committee member Najiba Najib told a news briefing yesterday that "the supplementary budget attributed to the government to count to include aspects of exchange of the surplus from the sale of oil paragraphs of Article 23 of the federal budget."
Bhakan met Fidan, Allawi, head of Turkish intelligence delivers a serious file for Aera August 8 2012
Washington Post: U.S. that the existing Iraqi President Iyad Allawi, who paid a visit to Turkey, tactical information display them in their endeavor initiated by Foreign Minister Davutoglu, who paid a visit to the Kurdistan region and Kirkuk sparked a storm of criticism.
The newspaper wrote that Allawi gave to Ihsanoglu and the Turkish government important information on the situation in Iraq will help Turkey to more intervention in Iraqi affairs. Also gave Allawi confidential information concerning the political situation, security and economic to the head of the intelligence service (Hakan Fidan), who met with Allawi privately in Ankara confirmed the newspaper that its own sources in Turkey confirmed its delivery Allawi's head of Turkish intelligence dossier on the situation in Iraq and the newspaper indicated that Allawi took advantage of the current crisis between Ankara and Baghdad to visit was intended to support the direction of Turkey to intervene in Iraqi affairs and help Allawi in his war against the government, Maittabq with the vision of Turkey.
Okay this is not rocket science folks - The first thing we learn after counting is adding and subtracting -- Though the concept is easy to understand it is not so easy for everyone to abide by -- What is the amount of our national Debt? This is an important part of the equation and knowledge -- and especially useful when teaching younger ones --
Spend Less Than You Earn By J.D. Roth
This is the third of a fourteen-part series that explores the core tenets of Get Rich Slowly.
"Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery." - Charles Dickens, David Copperfield
When people ask me for my top tip on personal finance, they're often disappointed. My top tip isn't sexy. "To get out of debt and to build wealth," I say, "you must spend less than you earn." People are hoping for something more - some sort of mystical secret. But you know what? As mundane as it sounds, that is the mystical secret of money. ...
. 8-7-2012 Stryker : "Central Bank: $ 3.25 billion in Iraqi banks rolling average
� on: Today at 04:53:39 PM �Quotedinardetectives - 8-7-2012 Stryker : "Central Bank: $ 3.25 billion in Iraqi banks rolling average. The average circulation of the dollar in Iraqi banks $ 3.25 billion and is filling 80% of the market need."
**$ 3.25 billion and is filling 80% of the market need** "80% of the market need," meaning the IQD in circulation is covering the remaining 20% of the markets needs, this is very telling IMO. ...
The Dinar (IQD) may be the greatest IPO in history!
How you ever noticed that those involved with the big IPOs often become very wealthy on day one! For those needing some clarity or understanding on the Iraqi Dinar investment or IQD let's try another analogy. Most of us have witnessed several large successful IPOs in the last 20 years. Read Business Insider, The Biggest IPOs In American History, May 24, 2012). http://www.businessinsider.com/top-25-ipos-2012-5?op=1. How about Staples, Starbucks, Yahoo, CISCO, Amazon, and EBAY. These companies experienced a 1000% growth in record time. EBAY was the fastest needing only 2 quarters after starting in 1998 with $1.8 billion. Amazon was next and hitting the same growth in 4 quarters (1997 and $441 million). Now with the phenomenal development of these companies you can better relate to the IQD's investment future. Your purchase of the Dinar is much like an IPO but with no comparison as this event has only happened 7 times in our lifetime. You purchased the IQD at a rate of 1169 IQD to $1 USD. The latest Intel suggests that perhaps in early September the rate will go back to what it was 10 years ago ($3.22).
Someone mentioned on a call that we are giving them back their checkbook. Not far stretched of a story and highly factual. Now please recall that the rate 50 years ago was around $2.8 at times (Wikipedia)....."1959 when, without changing its value, the peg was switched to the United States dollar at the rate of 1 dinar =$ 2.8 dollars....1971 and 1973, the dinar rose to a value of US $3.3778..." So is this currency (IPO) too farfetched to suggest that it could be a 1000%-2000% growth rate in the first 2-4 quarters (1st year)? This would mean that it comes out at $1 them shoots to $3 or $4 or close to the Kuwait Dinar ($3.60). If you have read any of the several excellent recaps for the Dinar Intel providers you recognize by now that the resources in Iraq will support a good solid rate of $4+. In two years the IQD has been projected to grow above the $5 rate or more as Iraq continues its growth and development. The future looks great for those red $25K notes so stay the course and be patient, be safe and make good decisions!
Talabani will return to Iraq before the holiday and will call for the convening of the General Conference immediately after his return August 7, 2012
A source close to the Presidency of the Republic, Tuesday, that President Jalal Talabani will call upon his return, the political parties to hold a General Conference, which called him to solve the problems existing, and expected his return before the holiday Eid al-Fitr days later.
said Almusr for "agency Voices of Iraq", that Talabani would call political parties to hold the General Conference which was called for to resolve the problems list, pointing out that the implications of dangerous situation Syrian in Iraq is at the heart of Interests Talabani and the political parties, as the conference will discuss matters of disagreement between the center and the region.
The source added that the health of Talabani has improved significantly, likely returning to Iraq before the Eid al-Fitr days later.
and left before the President of the Republic more than a month to Germany for treatment.
Member of the economy: The Central Bank informed the House of Representatives officially its readiness to implement the project to delete the zeros .. A parliamentary objection and around Tuesday 07/08/2012 12:01:44
Baghdad (news) : According to a member of the Committee of Economy and Investment MP / coalition in Iraq / Nora Albjara, that the House of Representatives received a formal letter from the Central Bank containing details of the project to delete the three zeroes from the currency and calls for its application early next year, saying there is no objection large by the House of Representatives on the implementation of the project that the country is still is poised to replace the national currency.
The Albjara (of the Agency news) on Tuesday: The Central Bank of Iraq sent a letter to the Committees of Finance and economic development in the House of Representatives expressed its readiness to implement the project to delete the three zeroes from the currency over the next year and contains a detailed explanation of the project and the stages of implementation for the purpose of discussion in the House of Representatives and a ceiling timetable for its implementation.
For a meeting between Maliki and Najafi 08/07/2012
To enhance the understandings and activation of the terms and reform paper
BAGHDAD - Alaa al-Tai: revealed a coalition of state law to meet anticipated will bring Prime Minister Nuri al-Maliki and Parliament Speaker Osama al this week to promote understandings and starting toward the activation of the terms of a paper reform.
said MP Mohammed Chihod in a statement to the "Center Brief Network Iraqi media ": that" a positive atmosphere prevails meetings, which included leaders and representatives of political blocs, and there is support for the work of the reform and emphasize the development of the ceilings of time and procedures applied, "adding that" these meetings opened the way for everyone to work and accomplish what is required. "
A supreme council to end the disputes between Baghdad and Erbil Tuesday 8/7/2012 9:37
Baghdad / Mohammad Sabah: announced the forces and political parties Kurdistan its intention to form a higher council for dialogue and negotiation between them and the federal government to end all outstanding issues between Baghdad and Erbil, noting that this Council will include in its membership representatives of all parties participating in government
Or that did not participate, for the purpose of unification of the situation and the Kurdish in his conversations with the Centre, in addition to finding a formula to resolve all outstanding issues.
A spokesman for the Kurdistan Alliance, a pro-Tayeb (range), "The forces and Kurdish political parties to participate in the government of the province or that did not participate will a body or board top, with the task of management of the outstanding issues as well as relations between the province and the federal government and organization. "
Five Iraqis, including economists Shabibi figure among the top 500 Arab Wednesday 8/8/2012 6:29
Baghdad / Ahmed Abed Rabbo / agencies : emerged five figures in the list of economic personal top 500 Arab world issued a news site, including the Iraqi Central Bank Governor Sinan Shabibi. And issued by Arabian Business list included the top 500 Arab figure for 2012
The list included names of the 15 figure, including 5 figures working in the field of Business and Finance, where she received architectural Iraqi Zaha Hadid on the 79th, while his sound Zhelka chairman Zhelka Bioenergy ranked 211, followed by the British out of Iraqi Nadhmi Auchi, the owner of the founder of GM H. ranked 241 what happened to Imad Makiya, CEO of Zain Iraq ranked 358, followed by Shabibi Iraqi Central Bank Governor and got ranked 383. He said economic expert Bassem Jamil Anton selection of economic figures of pride for all Iraqis, all of us and economists in particular, warned some politicians against their interests personal interests of Iraq.
Parliamentary objections about the project to delete the zeros Wednesday 8/8/2012 6:27
Baghdad / follow-up long : said a member of the Committee of Economy and Investment Attorney Nora Albjara, that the House of Representatives received a formal letter from the Central Bank containing details of the project to delete the three zeroes from the currency and calls for its application early next year, saying there is no objection large by the House of Representatives on the implementation of the project that the country has initializer is still to replace the national currency.
The Albjara in a press statement that the Central Bank of Iraq sent a letter to the Committees of Finance and economic development in the House of Representatives expressed its readiness to implement the project to delete the zeros of the three currency over the next year and contains a detailed explanation of the project and the stages of implementation for the purpose of discussion in the House of Representatives and the time limit for its application.
Central: the law of capitalism lead to increased banking stocks Wednesday 8/8/2012 6:24
Baghdad / description Hashim : said the deputy governor of the Central Bank of the appearance of Mohammed Saleh said that the application of the law of capital in the banking sector leads to an increase of shares traded in this sector.
Saleh said the "long-Presse:" The capitalist step contributes to the increase in profit and the development of the Iraqi economy, "noting that "banking stocks outperformed shares of agricultural and industrial stocks, and that this movement is the movement of a purely capitalist."
Electronic money .. An effective means for the development of the banking sector ..And enhance the confidence of investors August 7 2012
After widespread use of smart cards in Iraq
BAGHDAD - Haider Filaih spring : is the use of electronic money and one of the manifestations of technological progress and of civilization in various parts of the earth, so as it contains practical means of protection and advanced scientific can protect their users from various aspects of fraud and extortion, and helps significantly the reduction or elimination of corruption, is aware of all that the most prominent tools that can help the spread of bribery and financial corruption is the size of direct contact between citizens and state employees, especially the service departments where size wider than the reviews daily.
and reliable economists frequently on the importance of the shift in the use of paper money and the payment of direct financial transactions in the daily use of credit cards, or so-called newly-B (electronic money), and finds specialists that use this type of technology sponsor also guarding against the risks of carrying large sums of money, and turn them into cards can be used in many areas daily, as well as being a safe way to use the cash without full use of fraud, but the economic researcher raised Hassan believes that the automation of banks and the shift to the use of electronic money will guarantee to add more convictions of many businessmen and foreign investors who said the most prominent they are looking for in the home of their investments is a climate bank safe and sophisticated.
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