April 23rd 6pm

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Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Early Monday  4-23-18 

chattels: US Ambassador breaks ground in Kurdistan for largest consulate complex By Rudaw http://www.rudaw.net/english/kurdistan/230420181

chattels: ERBIL, Kurdistan Region — US Ambassador to Iraq Douglas Silliman broke ground on the largest US consulate complex in the world on Monday in Erbil with Prime Minister Nechirvan Barzani giving the KRG's blessing for the project.

chattels: ............. said Silliman. "I believe the Iraqi Kurdistan Region will be an important point of entry for foreign investment because this region has a very positive history of doing business."


Sheila: If I was going to bid for contracts for exploration and development to global energy companies wishing to do so on Thursday.

Been cancelled 3 times why? The ministry announced last month measures to reduce fees paid to oil companies in the contracts offered. Could the contracts be worth more or waiting for the RI? Just in case Abadi extends his promised to lift the restrictions. 

Samson:  Oil decides to postpone the licensing phones to next Thursday

23rd April, 2018

The Ministry of Oil said in a press statement that it would submit contracts for exploration and development to global energy companies wishing to do so on Thursday

New Money

Finance & Development, December 2013, Vol. 50, No. 4
By Åke Lönnberg  PDF version

Introducing a new currency is a complex process—one that Turkmenistan completed successfully

A popular destination for visitors to the IMF’s Washington, D.C., headquarters has long been a 40-foot-long display of each member country’s currency.

Most countries have their own currency, which is an important part of their national identity, though some belong to a monetary union and share a common currency with the union’s members; others use that of another, often larger, country.

On occasion, a country must introduce a new currency. 

Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Sunday Night  4-22-18  

xyz: 4-22-2018 Kaperoni There are a lot of rules that the IMF and the CBI engage with each other on…The CBI is in Article 14. This is not where the CBI wants to be. They desire to be in Article 8…in fact they have an obligation to the IMF to constantly be pursuing movement to Article 8. In other words, to be improving their banking system to the point where they can qualify to go to article 8.

The last Article 4 consultation that came out last September reiterated once again that the IMF has a 2% rule - which is a 2% or less spread between what they call the official rate (which is the CBI rate - 1184) and the market rate which is the street rate. That can not grow beyond that 2%…It’s been anywhere from 5 to 10% since 2013. They just have not been able to reduce that spread…

Monday UPDATE for April 23, 2018

Reportedly from Sunday.....

Demonstrators took to the streets in Baghdad demanding fair pay.
Rafidain Bank is underwriting 5-year loans to the citizens for vehicles.
Abadi leads Sadr in the polls.
Abadi and Maliki are being discussed on TV strongly contesting each other.

Monday Reports from Iraqi TV......

UDB Bank has announced acquiring the necessary licensing to issue Vista International Credit Cards to the citizens of Iraq.
Abadi is paying the farmers in Erbil back pay to the amount of 41 billion dinar.