August 9th 10pm
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New Blog Posts

Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Early Wed PM 8-09-17  
  
Spectra: General / Disruption of official hours in Iraq on Thursday because of high temperatures General / Disruption of official hours in Iraq on Thursday because of high temperatures 122 degrees right now in iraq????
Sparky: @Spectra hot, but tolerable for human s
 
Spectra: That explains the lack of news no one is working today in iraq!
Spectra: @Sparky i agree !
Spectra: @Sparky Where's all these big time iraq dinar investors?-lol
 
Sparky: @Spectra we are in excellent shape! Maliki was the slowdown
Spectra: @Sparky perhaps
 
Sparky: @Spectra they are ready
Spectra: @Sparky Hmm!interesting
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KTFA:

DELTA:  FRANKIE.... AT MARK 1:16 IT IS IN ENGLISH ...

Abadi: "Iraq also exited from the UN's Chapter Seven"

PM  praises the development of Iraq's economy and encourages investment and diversification in his weekly press conference:  pic.twitter.com/TUGjYNBzVG
— Government of Iraq (@IraqiGovt)  August 9, 2017

SteelyJan:  DELTA DELTA!!! THANK YOU FOR THIS GREAT NEWS!!!!!!!!! WOOOOHOOOOOOOO

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DELTA:  Cabinet approves facilitation of transportation and trade in The Economic Commission for Western Asia (ECWA)!!!

ASIA HERE WE COME...lol

************

DELTA:  FROM ABADI:
 
IRAQ'S ECONOMIC RATING HAS BEEN ELEVATED DUE TO ECONOMIC AND ADMINISTRATIVE REFORMS AND TRUST IN THE IRAQI ECONOMY!!!
....


Notes From The Field  By Simon Black
August 9, 2017 Santiago, Chile 

What’s money worth if interest rates are negative?    

Interest rates, after all, are the “price” of money. 

When we borrow money from a bank and pay interest on the loan, it means that the money we’re borrowing has value. That -capital- has value. 

Negative interest rates, on the other hand, suggest that capital is totally worthless. 

This isn’t a philosophical exercise. These are the times we’re living in.   
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TNT:

Blueblaze:  Per Abadi..... out of Ch 7 ..--… so now we wait for any sighting of Chapter VIII  https://twitter.com/IraqiGovt/status/895272138881544192/video/1

Pearle:  So they are out of chapter 7...out of the horses mouth

Bruce3455:  wow. thats an awesome one sentence from Abadi!

PhillyPete:  I have to be honest....I kept playing it over and over and over again.....it sound so great to me!!!!

Artneto:  Lifting the Chapter 7 sanctions means that Iraq can re-enter the international economy. Funds that were frozen, will be given back to Iraq - roughly $50B. Iraq can raise money from other countries - no more sanctions. Iraq is now in charge of it's own economy. This is my basic understanding. I'm sure it's more complicated than that.
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