mike

[If the market rate drops is that a good thing?]

The market rate, or street, dropping is a good thing.

As of today the street rate is 1270-$1.

The official rate is 1182-$1, so there’s a spread between … Read More

mike

Article: “Parliamentary Finance: The government withdrew its $ 48 billion cash reserve

Now we’re down to $40 billion in reserves and essentially, nothing’s changed.

I don’t see oil prices surging back to $100 a barrel and terrorism is Read More

mike

Article: “Parliamentary Finance: Iraq’s debt exceeded $ 100 billion

Quote: “Iraq’s debt exceeded $ 100 billion, and divided by $ 35 billion internal debts and $ 70 billion in foreign debt, and came because of the government’s Read More

mike

Article: “Trump confiscate Iraqi political funds billions

Here’s hoping it’s true.

I have no doubts that the leadership of Iraq have been pillaging the peoples money for years now, it’s just surprising to see Trump seize it.

Iraqi’s Read More

mike

Article: “Baghdad and Washington are discussing the editing process, west of Mosul

Quote: “The Defense Minister Irfan Mahmood Hayali met in his office the US ambassador to Iraq , Douglas Silliman, During the meeting , they discussed Read More

mike

Article: “MPs and experts: Beyond the financial crisis and put the currency reserves reassuring

Quote: “the central bank lending to the government , although the Bank Act prohibits, in Article 26, lending to the government , either Read More

mike

[When they remove JP Morgan from the CBI everyone will give a sigh of relief.]

As far as I know, JP Morgan has nothing to do with the internal operations of the CBI.

In 2003 the Coalition Provisional Read More

mike

Article: “Iraq: Calls to raise the value of the dinar

Quote: “He guessed expert Rahim al-Shammari, that the sale of crude oil price increases in the world markets, because of OPEC and nations outside the Organization agreement Read More

mike

Article: “A source reveals for “tomorrow Press” about the size of the cash reserve at the central bank

Quote: “The Iraqi dinar is still safe despite the decrease in the reserve, is expected to return to its Read More

mike

Article: “Iraq and the United Nations sign an agreement to establish a fund to finance the “economic reform

Quote: “Therefore, it provides the launch of economic reform fund opportunity to accelerate government reform plan.

Great article…Read More