Chat Room – Excerpts & Highlights
dinarstudent says to BGG():Good morning kind sir, I was wondering and confuse about what you said about the .85 cent to $1.23 for 3 years and they can rasie it higher on your call last night . Could you pleasse help understand better ?? Or maybe someone else . thank you so much
DIGIman1 says():par (.85 – 1.23) is the entry value. form there supply and demand will raise the value higher
larrykn says to dinarstudent():that is what it could come out at, whatever it is , it won’t stay there long, the market will drive it up
DIGIman1 says():as they grow, the demands for a higher value go along with that
dinarstudent says():so they do not have to wait 3 years , whatever forex drive it to it is it correct.
larrykn says to dinarstudent():I don’t feel it will hold for 3 years IMO , I’ve read where not to many countries would do that , they lose in the long run, need to keep up with the world market, a float would be more likely but that is just my Opition
DIGIman1 says():i doubt they can contain it for any period of time at any fixed rate once its on the forex…
dinarstudent says():now from i read here they are off until the 20 of sept correct
larrykn says to dinarstudent():yes
larrykn says to dinarstudent():but that doesn’t mean they aren’t doing things behind closed doors to settle anything they are working on, they meet in parliment to vote on what they were working on
dinarstudent says():but they still have meetings,but nothing will happen or voted on until the 20 correct
jeffusa says(): (IraqiNews.com) Nineveh – A security source in Nineveh province declared that more than 180 ISIS members have fled from Mosul, along with their families, toward the Syrian city of Raqqa.
Sharing more information with Iraqi News, the source revealed, “Yesterday, more than 180 ISIS members fled, along with their families, from al-Sukar neighborhood in central Mosul toward the Syrian city of Raqqa.”
“The fleeing ISIS members were riding vehicles carrying the plates of Nineveh province.”
jeffusa says():since they knew the plates…. I hope the drones dropped by for a visit
subgirl says to jeffusa():that is awesome jeff! now the ISIS is fleeing!
larrykn says to jeffusa():this could get over without firing a shot
jeffusa says to larrykn():unless these ISIS folks leaving are leaders… they will be shot when they get to Raqqa
jeffusa says to larrykn():by ISIS
larrykn says to jeffusa():what I read the other day the troops of Isis is not obeying what their commander are ordering, not good for an Army
clay says():agree
jeffusa says():(IraqiNews.com) Anbar – Iraqi Ministry of Interior announced that more than 100 ISIS members, including elite leaders, have been killed by airstrikes that targeted their strongholds in the areas west of Anbar.
The ministry said in a statement, “The Falcons of Iraqi Air Force have conducted eleven airstrikes targeting the headquarters of the senior leaders of ISIS in the areas of Qaim, Akashat, Aana, Rawa and Hadelet al-Rutba.”
“These airstrikes resulted in the killing of over 100 ISIS terrorists, including ISIS Wali of Euphrates, ISIS Commando official and the suicide bombers recruiter,” the statement added.
The ministry also revealed, “The casualties also include the ISIS Media Official in Anbar, Military Official in Khalidiya Island, Transportation Official, Farouk Regiment Official, Emir of Farouk Regiment, Kharasani Regiment Official and Emir of the security detachment along with his assistant.”
Beeson says():looks a lot like Shabbi
larrykn says():Forming a coalition of National Union and the movement for change in Baghdad.
2016/09/10 18:07 {Baghdad: Euphrates news} blocks the PUK and said the MDC on forming a unified, common visions and strategy in the House of representatives.
The statement said the PUK received {Euphrates news} “, MPs from the MDC-PUK had a visit to the General Secretary of the National Union spokesman, Jalal Talabani at his residence” dbashan “in Sulaymaniyah, after meeting with lawmakers held a press conference announcing the formation of a” coalition “including who works inside the House.
Chairwoman PUK block only parliamentary press conference, Talabani said “this coalition includes the majority and the rights of the Kurdish people in Baghdad, and President Jalal Talabani path”, indicating at the same time that “the door is open to other blocks to join this coalition.”
Kaveh’s Attorney Mohammad said about change “today we visited President Talabani, and then we have our coalition which includes the Kurdistan Patriotic Union Deputy MDC in Baghdad.
He noted that the coalition would be placed within the app very soon in order to maintain the public interest of the Kurdish people, “stating that” the Coalition works as “one block in Parliament, this coalition was formed in the presence of Talabani, the tent which included its pluralism and diversity.
Link http://www.dinarupdates.com/showthread.php?40734-Forming-a-coalition-of-National-Union-and-the-movement-for-change-in-Baghdad
larrykn says to Beeson():could be
larrykn says():More than $ 136 million central bank sales today
Views 212 Date 09/10/2016 – 15:40 Economy News / Baghdad … It sold the Central Bank, on Thursday, more than $ 136 million in the auction for the sale of foreign currency.
According to a statement of the Central Bank, “Economy News” received a copy of it, “The size of the amount sold today totaled $ 136 million, 428 thousand, and $ 356, at a price of 1,182 dinars exchange rate against the dollar, and with the participation of 30 banks and 15 financial transfer company.”
He added that “the amounts transferred to the accounts of banks selling abroad is priced at 1190 dinars per dollar, and the cash sales price shall be the price of 1182 dinars per dollar.”
He pointed out that “the amount of remittances and credits amounted to 93 million, and 364 thousand, and $ 936, while the quantity sold was 24 million in cash, and 845 thousand dollars.”
Read More :http://www.dinarupdates.com/showthread.php?40732-More-than-136-million-central-bank-sales-today
larrykn says():Taif eWallet shakes up Iraqi finance
Iraq, September 10, 2016 Recently, a friend at Fikra Space, the pioneering Iraqi hackerspace group, emailed me some news that could have far reaching effects in Iraq. On the face of it, it probably seems like a fairly mundane development.
Ideal Payments, the electronic payment providers, have partnered with Belgium based Monniz and Iraq’s Taif Money Transfer company to launch Taif eWallet, a mobile payments app.
This is something that has been talked about for a number of years but never implemented in Iraq until now. So it was fitting that the service had a big launch at TEDx Baghdad, with Iraqi PM Haidar al-Abadi present.
Why is this important?
In the nine years since Safaricom launched the revolutionary M-PESA mobile payment service in Kenya, a growing number of nations are utilizing mobile technology to “leapfrog” undeveloped banking sectors, providing millions of citizens with access to basic bank account facilities, opening the door to a host of other positive developments. In Iraq, only around 10% of the population have accounts with the roughly 50 banks operating in the country.
Specifically, the country has the lowest number of ATMs in the MENA region, at around 1 per 100,000 people, and even then some can only serve customers of that bank.
To consider how rapidly this technology could be adopted, a 2014 MIT study noted that landline penetration took around 100 years to reach 80% in the United States, with mobile penetration in Iraq after 2003 reaching the same level by 2010. In Tanzania, mobile financial services access shot up to 90% within five years of launching.
And while Iraq’s adoption of mobile banking comes a few years behind some of the countries that have adopted the technology, many other sectors in Iraq are more developed than countries such as Kenya when it adopted mobile wallets, and mobile penetration is already far higher in Iraq than when M-PESA was introduced.
Furthermore, because the Ideal Payments technology is supported by Al Taif, it potentially has a number of advantages over M-PESA. For example, there are already Al Taif agents all over Iraq (one of which I have used, through Western Union.) These are networks African adopters of the technology had to grow from scratch.
This has wide reaching implications. In Afghanistan for example, payroll fraud in the police was reduced (but not eliminated) when mobile salary payments were introduced and it was quickly found that 10% of the ANP were “ghost workers.”
larrykn says():Many police thought their salaries had risen when given mobile pay, but in reality, middlemen had been pocketing a cut of the cash. Aside from accelerating local economic activity and creating more jobs, there is even evidence that mobile banking can reduce crime.
Of course, as with any development in a country with so many challenges, miracles won’t happen overnight.
But with a team holding experience in the financial sector in both Iraq and Europe, the brains behind Taif eWallet are making a great start. Traders in Iraq’s long suffering towns and cities, from the markets if Tikrit to the cement and brick factories of Karbala and Najaf, could soon see a welcome change.
Link http://www.dinarupdates.com/showthread.php?40724-Taif-eWallet-shakes-up-Iraqi-finance
_firefly_ says():Prime Minister to the IMF Resident Representative in Vietnam 09/01/2016
Prime Minister to the IMF Resident Representative in Vietnam Pm on 08.30.2016, at the office of Prime Minister Nguyen Xuan Phuc has a meeting with Mr. Jonathan Dunn – Representative of the International Monetary Fund (IMF) in Vietnam
At the meeting, Prime Minister Nguyen Xuan Phuc appreciated the help effective, practical IMF for economic development – economic development of Vietnam, especially in the field of financial reform – banks, management public debt, reforming State-owned enterprises (SOEs).
He also expressed hope that, in the country’s development process next time, Vietnam wants to continue to receive the support and assistance of the IMF effectively in economic policy advice macro.
_firefly_ says():At the meeting, Prime Minister Nguyen Xuan Phuc appreciated the help effective, practical IMF for economic development – economic development of Vietnam, especially in the field of financial reform – banks,
_firefly_ says():especially in the field of financial reform
_firefly_ says():especially in the field of financial reform !!
_firefly_ says():Alrighty then ………. (}) 🙂
subgirl says to _firefly_():oh sorry had to go in the other room cya laters! (})
bubbles says to _firefly_():sounds so good
_firefly_ says to bubbles():It is beyond good 🙂
bubbles says to _firefly_():yes I know. 🙂
_firefly_ says to bubbles():I would talk more but it will end up on Guru as always but keep the faith and look at the BIG picture
Read More: http://www.dinarupdates.com/showthread.php?40680-Saturday-September-10-2016/page2
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