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The IQD Team with Special Guest LJ~~Highlights Replay Conf Call Sept 27~~Latest Iraq Dinar RV News

9/28/2012

 
The IQD Team
Investigate, Question & Deliver
Thursday, September 27, 2012
Highlights/Summary & Replay of Conference Call
SPECIAL GUEST:  LJ from LJ's Next Step Team

Conference Call Replay -  Sept. 27,  2012
Download/Playback
or
760-569-7699   Pin 769478#

Recap of the News tonight 
(Listen to the recording for all of the detailed analysis of the articles discussed after each news article from the list at the bottom - the following is just a brief Recap)

RECAP     CBI/ECONOMY & GOVERNMENT
STRAIGHT TALKIN MIKE

Brief recap from the articles we read and discussed tonight.....

Parliament votes to give the ninth seat in the election commission for the Turkmen component
This is great news for us........very happy to see this today
LJ shares some great important updates with us on the government after the CBI articles are discussed,  before the Q & A and during the Q & A......All Good News

Lets review the things we would like to see happen as we have discussed many times and tonight in the news
We would like to see the Security Minister Seated - we discussed an article about Obeidi being reoffered back up and as we discussed tonight there are NO objections to him being the defense minister by anyone on those committees - We want to see the 140 Oil & Gas Law and those things starting to move forward where we can see who is going to sign those contracts and we see the committee members are named and they are serious about sitting down and talking about this and getting this done
We want to see the money being handed out to the people because you have to start handing out the revenues to the people like we said we were going to do and they are going to add some value to that - remember you have very little value - they are going to add some value - the value is going to change - people will no longer want to go out and blow up things - they will have money to do the things that they want to do and have a life - that will help with the whole security situation in Iraq and once those things are in place then you can announce the government - Then we switch over to the CBI
What is the CBI looking to get done....CBI wants to make sure they have a solid banking system that people can come in and invest and borrow money and the banks can sell their products - You have Central Bank and making sure the people can have their money in the bank and what are they doing to facilitate that?  They are issuing more smart cards to the people so they can put their salaries on them and get them used to coming to the banks - This is More Good news - people getting used to putting money in the banks - what better thing to do is to give them Smart Cards which is tied to a bank account and gets them used to coming to the banks - more and more provinces issuing smart cards....all great news

And then we discussed the Central Bank asking the government to open up economic bridges with friendly countries to come into the bring more money into the pot from friendly countries so they won't have to rely on the countries they are losing their money from.   Very good - they come back from the London seminar and the Central Bank says there are friendly countries that want to do business with us across the world and we need to make it more conducive for them and Parliament needs to make it easier for these countries to come in - it is prime situation for these countries because it really benefits them very well because of the fact that they are going to guarantee it by the IMF for these countries to come in and do these things

We discussed the House Speaker coming out and telling us the Central Bank is pretty much an independent agency which we know and that they are viewing it as such - and they are starting to understand and define their role so we had some very good articles tonight of where we are at.....

Remember for this process to work you need to have the Central Bank have some sort of working relationship with Parliament so that they can pass the laws that they need - there are Securities laws, etc.  We talked about the Stock Market - these are equity markets that need to be coming on line with trading - we talked about a couple of days ago people them trying to implement some type of electronic trading and you also want to see people going to that market to raise more capital - you've got some laws that need to be passed for that and that needs to be viable too - You've got these 3 components they really need to do - what is the Central Bank doing - they are juicing up the economy - you want to make sure you put all of the components that you need to make the gasoline for the economy - and what makes an economy run?  Its money...people buying....in order for people to buy they have to have jobs - in order for them to have jobs they have to have businesses that can hire them - at this particular point in time you need to make sure they are open up for construction and firms to hire the people - once you put all of those components in you have to make sure you have a banking system that can handle loaning money and doing the transactions for people - and slowly but surely they have been putting themselves in the international circle with banking and connecting to all the international  banks so they can go ahead and do these things and bring their country up to the point to where they are at and they can get moving - They will be play an intricate part to whats going on with Iran and Syria based on where they are
They need to be more stable and there are political pressures for them to get their government moving in the right direction - maybe not as much as we have seen in the past but it is certainly moving to fruition and we need to play a bigger role to come in - hindsight is always 20/20 with all that stuff but we are seeing some very positive movements as we move forward - Once all of the those things are in place - then he really juices the economy by adding value to his currency at some point in that whole process when all those ingredients are in and he understands when he needs to add more gasoline - gasoline is the value to the currency and get that economy revving up and moving forward

GOVERNMENT 
ROUND TABLE DISCUSSION WITH LJ AND STRAIGHT TALKIN MIKE
GREAT INFORMATION AND UPDATES

And there you have it...
Straight Talkin' Mike On The Straight Talk Express Bringing You Another Night of Positive News!

The I.Q.D. Team's News Coverage
for Thursday - September 27, 2012

CBI / ECONOMY

Rafidain Bank issued 42 thousand smart card for employees and retirees

Central Bank calls on the Iraqi government to open economic bridges with friendly countries

House Speaker emphasizes the importance of controlling the exchange rate of the dinar against the dollar

Nujaifi stresses the importance of controlling the exchange rate of the dinar against the dollar

========================================================

GOVERNMENT

A member of the security committee: that there is no objection to Khaled al-Obeidi to receive the Defense Ministry portfolio

A sum of money to each family of the oil revenues starting from next year

Parliament votes to give the ninth seat in the election commission for the Turkmen component

Oil law committee members named

NEWS ARTICLE LINKS


What a great night of news, analysis and discussion and Q & A - Listen to the call for all the rest of the news shared and more during the Q & A

We are getting closer every day......GET R DONE!!

Conference Call Replay -  Sept 27, 2012
Download/Playback
or
760-569-7699   Pin 769478#

As Always.... Discussion and Analysis of the Latest Iraq, Dinar & RV News....Pre & Post RV Information...Q & A

Every Tues & Thurs 8PM EST
760-569-7676  769478# or 712222#

The IQD Team with Special Guest LJ~~Highlights Replay Conf Call Sept 25~~Latest Iraq Dinar RV News

9/26/2012

 
The IQD Team
Investigate, Question & Deliver
Tuesday, September 25, 2012
Highlights/Summary & Replay of Conference Call

SPECIAL GUEST:  LJ from LJ's Next Step Team

Conference Call Replay -  Sept. 25,  2012

Download/Playback
or
760-569-7699   Pin 769478#

Recap of the News tonight 
(Listen to the recording for all of the detailed analysis of the articles discussed after each news article from the list at the bottom - the following is just a brief Recap)

RECAP     CBI/ECONOMY
STRAIGHT TALKIN MIKE


Brief recap from the articles we read and discussed tonight.....


Central Bank starting to invest in funds for Retirees - they are moving into doing what they do which is looking at sovereign funds - buying up sovereign debt - putting that in there - selling gold and silver to the people - Central Bank is moving into what I would call Phase 2 of what they normally do outside of the currency - they have their retail markets and things that they actively get into the market which is buy debt, etc and it looks like they are getting ready to start entering into doing that to help out the Central Banks in the region as well as the world

We discussed all the increased laws we are starting to see over there and that Parliament is looking at trying to increase the per capita income of people so they have more money to fund this economy that is going to grow in that region

We discussed the Securities and Exchange Commission adopting new mechanisms for the stock market to adopt new rules to attract investment - We talked about how that it is a good means for companies to raise money and do things they want to do - attract the entrepreneur - get people to go - get people to build restaurants - open up and do things that we have done here - if you look at all the companies that we have here they all started out as small mom & pops and grew their way up because of the economy and the Stock Market helps them to do that

We talked about the House of Representatives voting on the Electronic Signature and Electronic Transactions Bill
where electronic signatures are legal - this is all good as they start moving into this electronic age over there and they are going to be ready to go out of the get go- I can just imagine what that is going to be like because we had to grow into it -
Not something we had all the time doing all this banking on our I-Phones like we have now  - being able to do your banking - snap pictures of checks and deposits......Its all good stuff

We talked about the final article that they are not going to replace the currency during 2013 and that the economic situation is not right - Kurdish language being on there, etc - and as we have talked about many times on our calls that these two events are NOT tied together to the adding value to the currency....this was discussed at length during the call and during the Q & A...listen to the call...Great information


GOVERNMENT 
ROUND TABLE DISCUSSION WITH LJ AND STRAIGHT TALKIN MIKE
GREAT INFORMATION


And there you have it...
Straight Talkin' Mike On The Straight Talk Express Bringing You Another Night of Positive News!


The I.Q.D. Team's News Coverage
for Tuesday - September 25, 2012

CBI / ECONOMY


Central Bank: the government started to invest in the fund retirees

Central Bank's (people): Currency will not be replaced during 2013

Securities Commission adopt new mechanisms to attract investment

Parliamentary Finance: We have programs and future plans to increase the per capita income

House of Representatives votes on bills and end the first and second readings of the five laws


===========================================================

GOVERNMENT

ROUND TABLE WITH SPECIAL GUEST LJ  FROM LJ'S NEXT STEP TEAM


NEWS ARTICLE LINKS



What a great night of news, analysis and discussion and Q & A - Listen to the call for all the rest of the news shared and more during the Q & A

We are getting closer every day......GET R DONE!!

Conference Call Replay -  Sept 25, 2012

Download/Playback
or
760-569-7699   Pin 769478#

As Always.... Discussion and Analysis of the Latest Iraq, Dinar & RV News....Pre & Post RV Information...Q & A

Every Tues & Thurs 8PM EST
760-569-7676  769478# or 712222#

The IQD Team~~Highlights Summary Replay Conf Call Sept 20~~Latest Iraq Dinar RV News~~Its All Good

9/21/2012

 
The IQD Team
Investigate, Question & Deliver
Thursday, September 20, 2012
Highlights/Summary & Replay of Conference Call

Conference Call Replay -  Sept. 20,  2012

Download/Playback
or
760-569-7699   Pin 769478#

Recap of the News tonight 
(Listen to the recording for all of the detailed analysis of the articles discussed after each news article from the list at the bottom - the following is just a brief Recap)

RECAP     CBI/ECONOMY
STRAIGHT TALKIN MIKE

Brief recap from the articles we read and discussed tonight.....

We discussed the Parliamentary Committee of the Legal Committee CONFIRMED that the deletion of the zeroes is constitutional - that there is nothing more required for the CBI to do
They have done what they need to do and they can move forward constitutionally with their project
Now remember they had alot of different things going on with what was happening with this project of deleting the zeroes and dealing with the currency...and you had the Parliamentary Committee trying to bring Shabibi in talk to him about it - so he went to the legal committee and said this is legal and they confirmed that it is

We talked about the inflation rate being under control  - 14% for August - which brings their annual inflation rate to somewhere about 5-6% -they are happy with that - they have their inflation rate under control - housing is going up - salaries are coming down they are right where they need to be with the inflation - I don't think you are going to see it go too far from there

We talked about the Chamber of Commerce talking about how an economic boom could happen over here - Chamber of commerce urging the Jordanian people to get involved, as well as Americans to get involved with Iraq because they feel there is going to be a boom in Iraq - Remember what the Chamber of Commerce does - they try to point out opportunities for American Businesses around the world that they can take advantage of and also world people who can come in and take advantage of situations in America here

Financial Conference in London concluding and several recommendations - Most of those recommendations
were about getting the Parliamentary things to get done that needed to be done inside the executive branch - talked a little bit about banking and the laws and getting people interested in the banking
The primary thing is that Shabibi laid out his road map - showing the people where he is going - how he wants to do it and how he wants to get there........All Great stuff
Remember this is all a slow process that has to be done and its important to the economy for this banking system starting to build itself and starting to get people used to it - Eventually they are going to have money to put into the system at some point in time and they want to be sure that can be safely done

We talked about HSBC getting out of the Iraq market - Why did they get out of the market?  Simply put they don't want to take the risk - just like you - if you are nervous and upset and think something is going to be different you would withdraw and sell your dinar and get out of this currency at any point in time that you want to - If the heat in the kitchen gets too hot then you get out of the kitchen and this is what they have decided to do - Can they come back in?   Yes they can but based on what they see and that they seeing it as a risk - at this point in time they are not willing to take the risk - its not the end of the world - you are going to have companies coming and going  - alot of people can't stand this type of investment - it is a high risk - high reward type of investments for businesses - not everybody is Donald Trump...not every bank president can make the right decisions...Remember that...Alot of people will jump out of this currency because of all the things they hear - alot of people are driven crazy by this currency and should get out but they don't - you have to apply common sense - businesses make decisions and you also need to make decisions  - just all makes sense when you put it in those terms

RECAP     GOVERNMENT 
STRAIGHT TALKIN MIKE

Brief recap from the articles we read tonight......

WOW....what happened in the government....Lots going on in the government - It was a great couple of days in the government...

We took a big look at Article 140 tonight - what transpired this week - Maliki let go of the funds to pay the oil companies which were disputed for the Kurdistan region - this was huge lift to the Kurds - they were able to pay oil companies - they were able to get a portion of the proceeds that they were supposed to get - they even upped in from 11% to 17% going back to them - they were very very happy - the regional councils in Kurdistan voted and approved this - Bagdhad approved this - this was the  approval of the monies sitting out there in the contracts and legitimizes what the Kurds signed and now they get to share a little bit in that revenue and they are very happy because they know it is going to happen - Now they talk alot about the things that need to get done -  they still have the disputed regions and a few other things that need to get done but we talked about the Parliamentary Committee taking up and hearings on the 140 so they can get this passed next week - that is the closest we have ever been and they are actually talking about it and really going forward

Maliki got spanked - wanted to come to the US to meet with Obama and got turned down - being turned down in that fashion is a very very big sign - one of the reasons noone wants to meet with this guy is he is toxic and because of the Hashemi matter - Hashemi is singing on the highest mountain that Maliki is bad and that he needs to get looked at from the international community and taken care of - he's telling them he is dealing with Syria and Iran and stealing from the Iraqi people -trying to build his case from outside and I hope he says it everyday -  it makes Maliki toxic and  have to do things at this particular point in time

We talked about the approval from Kuwait to remove Iraq from Chapter 7 - they have been given it for years - they are ready to go - it is pretty much tied to the formation of their government - once this is in place they will be able to remove the final chapter of their sanctions which is Chapter 7 and and they will be ready to go - makes no sense to remove it before the formation of their government at this particular point in time because the UN has no recourse if something goes wrong - where you form some sort of dictatorship you want to have some sort of stronghold in their to come back and say you can do these things or you haven't met these agreements

Overall we had a great day in Iraq in terms of moving things forward - what we are waiting on next to see the date of the National Meeting and see if we can get the rest of these reforms passed - we have people talking - biggest hump in the road for the National Meeting is going to be Allawi and his power sharing and seeing where that goes - that is one of the big hurdles - I think what you have here is Maliki attempting to back door him and bust up the coalition by dealing with the 140 - great for us - we will take it - We will take it but eventually he is going to have to deal with Allawi and the situation that allows Allawi to have some of that power and moves in - Eventually he is going to have to give up a chunk of his power and that is when he is going to be eventually done and eventually he will drop out of the politics of Iraq

And there you have it...
Straight Talkin' Mike On The Straight Talk Express Bringing You Another Night of Positive News!

The I.Q.D. Team's News Coverage
for Thursday - September 20, 2012

CBI / ECONOMY

Parliamentary committee confirms legal project to delete the zeros from the Iraqi currency

Central: Annual inflation is not large and under control

Iraq's bank and financial conference in London concluded in several recommendations

American Chamber of Commerce: Iraq on the eve of an economic boom can not be overlooked

Bank (HSBC) decide to withdraw from the Iraqi market

=====================================================

GOVERNMENT

Council of Ministers of the Kurdistan region endorses the oil agreement with the federal government

Legal amendment investment and tariff

Kurds are waiting for Maliki practical steps to end the file of the disputed areas

Talabani Party: No agreement with Baghdad without the consent of Barzani

Nechirvan Barzani: our oil problems with Baghdad on the way to being resolved but Priority for the application of Article 140

Article 140 Committee parliamentary hold its first meeting next week

Maliki cancels his trip to the United States after the White House rejected arrange a meeting for him with Obama

Hashemi: Maliki facing international criminal prosecutions

Breakthrough soon in the case of the approval of Kuwait to remove Iraq from Chapter VII

NEWS ARTICLE LINKS

What a great night of news, analysis and discussion and Q & A - Listen to the call for all the rest of the news shared and more during the Q & A

We are getting closer every day......GET R DONE!!

Conference Call Replay -  Sept 20, 2012
Download/Playback
or
760-569-7699   Pin 769478#

As Always.... Discussion and Analysis of the Latest Iraq, Dinar & RV News....Pre & Post RV Information...Q & A

Every Tues & Thurs 8PM EST
760-569-7676  769478# or 712222#

The IQD Team~~Highlights Summary Replay Conf Call Sept 18~~Latest Iraq Dinar RV News~~LIVE REPORT FROM LONDON

9/19/2012

 
The IQD Team
Investigate, Question & Deliver
Tuesday, September 18, 2012
Highlights/Summary & Replay of Conference Call
LIVE REPORT FROM FRANK from the Iraq Finance 2012 Intl Conference On Banking & Financial Services In Iraq in LONDON

Conference Call Replay -  Sept. 18,  2012
Download/Playback
or
760-569-7699   Pin 769478#

Recap of the News tonight 
(Listen to the recording for all of the detailed analysis of the articles discussed after each news article from the list at the bottom - the following is just a brief Recap)

RECAP     CBI/ECONOMY
STRAIGHT TALKIN MIKE

Brief recap from the articles we read and discussed tonight.....

The Meetings in London started today and we had a Live report from London at the end of the call - Frank joined us with a recap of
todays topics at the end of this call LIVE FROM LONDON.... Great Information shared
Lots of CBI articles this week coming out on economists talking about the Middle East Economy - there has been some talk about free floating again...of course none of this came from the CBI - it was put out by economists and others hypothesizing about it in the community -
IMF talking about the world economies and things that are going on - as you know, the banking industry is the key to getting on track and for this RV to take hold - The London meeting is probably one of the key points to getting investment coming into Iraq -
Remember what has to happen in the terms of economics - you have to get your banking system in place - you have to a have a private sector economy waiting to have some of that money come in and once that almost simultaneously happens you have to have people coming in with investments - large companies investing money - building houses - putting people to work - those type of things to help generate more money into that economy - Central Bank sits in the middle of all of that and they make alot of money off of all that doing what they are doing
Very key that they have all of this going on
There are laws that need to be passed to make the banking sector more strong

Frank Bell shares from London some of these very same things we have been discussing for months at the end of the call tonight
CBI we talked about the Meeting in London, they are moving forward...trying to attract others to come in - please take everything that is going on with a grain of salt - we talked about the articles and the free float versus managed float - There are consequences for everything that the CBI does -  Listen to what the CBI has to say NOT what economists say...you will be in much better shape understanding that there are certain things that need to be done on the government side for this RV to take place and move forward


RECAP     GOVERNMENT 
STRAIGHT TALKIN MIKE

Brief recap from the articles we read tonight.....

Talabani has arrived home finally....his next couple of days will be with filled with meetings with others and Maliki and others ...we want to see him do that - Everybody is talking about having a National Meeting
There are certainly calls again for diplomacy to remove Iraq from Chapter 7 - We are pretty sure based on what we can read and what we can see that Chapter 7 is tied to the formation of their government
which makes sense and they need to form their government so as they are doing that falls into place once that is done
We saw that the Oil & Gas Law has taken a step forward - they resolved the issue that was keeping the oil turned off which was paying the oil companies the monies they needed to pay them
Iraq was not paying them the initial fees because of the disputing of the contracts - Talabani showed up and all of a sudden they opened up the checkbook and said here lets go ahead and give you the money
Now there are still disputes over Kirkurk and a couple of things they have going on there - we don't have full implementation of the oil & gas - its about money - Extremely positive move on Baghdads part to resolve that issue making sure those things got done - moving that forward - even Sadr came out - he was a little worried that signing the agreement might sway them in a way that would bring them together and against everything else that is going on because their coalition needs to stay pretty strong but as we read in the article they didnt get everything - just a small piece and a good step forward for them - We are very happy and very excited to see at least some positive moves in that area - at least get those oil companies paid and moving forward
Then we read and discussed about the oil prices at $90 barrell with the new budget 2013 and being at 137 trillion dinars for their budget
and its all looking good for things to come together - National Meeting sometime soon - hopefully shortly as we move forward

Frank Bell from Sterling Currency Group reports from London about 10:15 (from London it was 3:30 in the morning)
Great Information shared by Frank about the topics of the day listed below and discussion with The IQD Team
We thank Frank for updating our listeners on our call tonight first

Day 1 18 September 2012

11:30 Ministerial addresses : An overview of Iraq’s financial system - mapping out the road ahead
H.E. Dr Rafi al Issawi, Minister of Finance, Iraq
H.E Dr Sinan Al-Shabibi, Governor, Central Bank of Iraq, Iraq
H.E. Dr Haydar Al-Abadi, Chairman, Parliamentary Finance Committee, Iraq

Key Topics:
• The macroeconomic environment: current position and prospects for the Iraqi
Economy.
• The current state of banking and finance in Iraq.
• Policies and strategies of the Ministry of Finance and the Central Bank for Iraq’s
financial sector.
• Structural reforms for banking/financial services and for money and capital markets.
• Iraq’s public finances: revenue generation, fiscal federalism, and budgetary
constraints.
• Iraq and the international financial crisis.
• Iraq’s foreign indebtedness and credit-worthiness

Frank Bell Reports on the London Iraq Finance Conference 2012

LONDON - DAY ONE VIDEO
Click here for Video


And there you have it...
Straight Talkin' Mike On The Straight Talk Express Bringing You Another Night of Positive News!

The I.Q.D. Team's News Coverage
for Tuesday - September 18, 2012
(All links to articles at the bottom of list of articles)

CBI / ECONOMY

IMF/World Bank Annual Meetings; Oct 9-14 2012

Sources (UR): a conference in London to sell the Iraqi banking sector

Advanced banking services in Iraq
=======================================================

GOVERNMENT

Adel Abdul Mahdi and Sheikh Al-Attiyah discuss the role of deputies to approve bills that are in the political process

Awadi: negotiating committees and reached a positive stage in the absence of Talabani

Maliki meets with Talabani on Wednesday

High Nassif demanding activate Iraqi diplomacy to remove Iraq from Chapter VII

Talabani has to invite all parties to comprehensive conference

Officials Hopeful New Agreement Could Resolve Baghdad-Erbil Oil and Gas Disputes

Based financial price of $ 90 a barrel to balance 2013

Tripartite summit gathering Talabani, Maliki and Najafi

NEWS ARTICLE LINKS

What a great night of news, analysis and discussion and Q & A - Listen to the call for all the rest of the news shared and more during the Q & A

We are getting closer every day......GET R DONE!!

NOTE:  There were many issues with Free Conference Call Tonight so if there is a delay just be patient and it will come back on

Conference Call Replay -  Sept 18, 2012
Download/Playback
or
760-569-7699   Pin 769478#

As Always.... Discussion and Analysis of the Latest Iraq, Dinar & RV News....Pre & Post RV Information...Q & A

Every Tues & Thurs 8PM EST
760-569-7676  769478# or 712222#

The IQD Team~~Highlights Summary REplay Conf Call Sept 13~~Latest Iraq Dinar RV News~~The Heat is ON!!

9/14/2012

 
The IQD Team
Investigate, Question & Deliver
Thursday, September 13, 2012
Highlights/Summary & Replay of Conference Call
THE HEAT IS ON!!!!

Conference Call Replay -  Sept. 13,  2012
Download/Playback
or
760-569-7699   Pin 769478#

Recap of the News tonight 
(Listen to the recording for all of the detailed analysis of the articles discussed after each news article from the list at the bottom - the following is just a brief Recap)

RECAP     CBI/ECONOMY
STRAIGHT TALKIN MIKE

Brief recap from the articles we read and discussed tonight.....

CBI definitely has some help - people riding in on their white horses -  The World Bank and the IMF came in and talked to Nujaifi
We discussed an article that said the Central Bank is independent and they shouldn't interfere- saying we are not interfering with it in the Parliamentary level....we are just keeping you guys out there - its nice to see
The World Bank is talking about supporting Iraq in the industrial sector We discussed about the Investment Commission calling for the changing of the laws - if you read that particular article it talks about how there is lots of red tape that's there and how they need to eliminate the red tape, simplify their laws and that's what needs to happen - These are the things we have been talking about that Parliament needs to take care of - its almost like they received a talking to and them saying okay this is where you need to be...get on track...lets make sure you are there......look at the end goal and what is there

The best article of the day was the article
"Currency and restructuring real substance to improve their scientific value"                                 "
If you ever wanted to know why they need to increase the value in their currency you need to read this article - very in depth - talks about everything we talk about and have talked about here on the call - its almost like they listen to the call -  its not that they listen to the call....Its all economic sound philosophy that you use when you do this - its not magic - they need to do these things and do them in a certain way and there is a reason why and all of these things are talked about - about the economy getting better - stock market and things that need to be done there and it has a huge effect on everything - companies are going to have more equity - people are going to have more dollars - there will be more money to go thru
they talk about Turkey having devaluation problems and how their economies really are not similar - we have talked about that too that - they are two different economies and such a different situation - you have a rebirth of an economy and not an existing economy that really is falling apart or doesn't have the infrastructure - they are building the banking infrastructure to support this - As much as we hate it not happening sooner,  the longer that it waits the better the infrastructure is going to be and the better it is going to be for Iraq in the long run and for us it will be more stable when it come out
it is not going to fluctuate - they will be able to control it at the price they want to bring it out at - and they even talk about if it just was a 1-1 and they use it as an example in this article to talk about how much more effective it would be to handle cash transactions, etc  - It was a real basis to say that they need to dedollarize and they need to bring the value up over that dollar mark because it just makes sense for them to handle transactions & dedollarize - thought it was a great article
Central Bank is moving forward - The Calvary has shown up to support Shabibi and to keep Maliki off of him from an end run - he's moving forward  - we have always seen him tend to move faster once people come in to help him and he knows he has backing....CBI has been Very very quiet..they are hunting RV's.....and they are not talking - that's good ....we want them to be improving and doing the things that they are doing

RECAP     GOVERNMENT 
STRAIGHT TALKIN MIKE

Brief recap from the articles we read and discussed tonight.....

Government
The Heat is on.....The Heat is On....The heat is on....
Britain's Foreign Minister showed up to talk today to Maliki
Talabani has asked the about the issue of Hashemi to get the Americans to get more involved - they are really trying to get the Americans with the Strategic Agreement to get them out of Chapter 7
This is a huge bargaining chip in this whole thing - you know what if you want out get Maliki out of the way - that's how these bargaining chips can work in these discussions - I am not saying that is how it is going to happen but it is pressure - lots of pressure points and we have been giving you where these pressure points are coming on Maliki so that you can have an idea of what is going on with the 100's of news articles we read thru daily....to weed thru it - there is a alot going on out there

Parliament is also acting - they have run into a few road blocks but the President of the Parliament Nujaifi put together a committee on the Oil & gas Law to meet on Tuesday - he is giving them deadlines -
Also discussed about giving the Commission 48 hours to have the names of the 9  Candidates so they can vote on them on Saturday
He's not stopping...hes moving forward - he's hitting these roadblocks where as before he would stop and adjourn - not now - they have 233 showing up for Parliament now so theres alot of people with alot of interest
Maliki is supposed to be there on Saturday- will keep our eyes on the news - could be a major weekend for news into Monday
We will keep our eyes on it and we will be out with something as soon as it happens

And we discussed the article,  Baghdad and Erbil agree to pay the dues of oil companies.....All of a sudden Baghdad and Erbil agree to pay the dues to the oil companies - something we talked about the other night..asking how are they doing this?  How can they not pay the companies?  Well they are starting to pay them this is a huge concession - I don't know what happened to make this happen but this is a major bargaining chip which means something is in the works - they are getting something in order to do this or they were told to do this and they will get something down the road from some diplomat - these are all major things that signal to me that the government is having lots of negotiations  and things are happening behind the scenes - we won't see alot of it in the news about some of these things  - we will see alot of re-hash of articles and could get very mind blowing over the next few days - you may see articles that come out that are very very negative on the CBI side because Maliki is going to punch back even harder because they have help now - and you will see some good things peer thru -  but you are probably going to see Maliki put alot of crap out into the newspapers - the other day they started blaming the newspapers for supporting Maliki too much and then all of a sudden starting to see all of these other articles come out about other things and we are starting to see the reporters are getting alot braver to get the news out there - Thats good you want the news in peoples hands not just for us but for the Iraqi people - The heat is on....The Heat is On and they are moving forward

And there you have it...
Straight Talkin' Mike On The Straight Talk Express Bringing You Another Night of Positive News!


The I.Q.D. Team's News Coverage
for Thursday - September 13, 2012

CBI / ECONOMY
(All links to articles at the bottom of list of articles)

Baghdad Investment Commission calls for activating the investment law and the single window and the elimination of red tape

ULI Shara: Central Bank and independent bodies do not allow interference in its work

Currency and restructuring real substance to improve their scientific value

The World Bank is moving towards the industrial sector and product support Iraqi

========================================================
GOVERNMENT

Britain's foreign minister in Iraq for talks

Talabani is trying to internationalize the issue of al-Hashemi and calls on authorities to put pressure on al-Maliki

Presidency of Parliament hosts Minister of oil and set a date for the work of the Committee Tuesday for the oil and gas Act

Zebari meets with Deputy U.S. Secretary of State Action Committees joint coordination between the two countries arising from the strategic framework agreement

Parliament gave the Commission of experts two days to give the names of the candidates of the Election Commission to vote on
them

Urgent .. Baghdad and Erbil agree to pay the dues of oil companies in the Kurdistan region and raise the ceiling on oil production to 200 thousand barrels per day

Maliki’s Impact on Business

NEWS ARTICLE LINKS

What a great night of news, analysis and discussion and Q & A - Listen to the call for all the rest of the news shared and more during the Q & A

We are getting closer every day......GET R DONE!!

Conference Call Replay -  Sept 13, 2012
Download/Playback

or
760-569-7699   Pin 769478#

As Always.... Discussion and Analysis of the Latest Iraq, Dinar & RV News....Pre & Post RV Information...Q & A

Every Tues & Thurs 8PM EST
760-569-7676  769478# or 712222#

The IQD Team~~Highlights Summary Replay Conf Call Sept 11~~Latest Iraq Dinar RV News

9/12/2012

 
The IQD Team
Investigate, Question & Deliver
Tuesday, September 11, 2012
Highlights/Summary & Replay of Conference Call

Conference Call Replay -  Sept. 11,  2012
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Sept 11 Tribute - "We will Never Forget"

Recap of the News tonight 
(Listen to the recording for all of the detailed analysis of the articles discussed after each news article from the list at the bottom - the following is just the Recap)

RECAP     CBI/ECONOMY
STRAIGHT TALKIN MIKE

Brief recap from the articles we read tonight.....
Lots of pressure on the Central Bank from the government - They got help from The IMF - IMF has come in to defend them and say look this is what they are doing - the Parliament has said look we are just drying up with dollars and coins & it seems that all of ours are going to Iraq & Iran and they are not going to the citizens - World Bank said yeah we will check into that - don't worry about that - we'll make sure we facilitate the process of communication between you and the Central Bank and how it is supposed to work - we will walk you thru it - they have also increased their Stand By Agreement til Feb of next year - don't read anything into it - its just a guarantee of funds - making sure they have what they need so they don't run out of any money to do anything they need moving forward with ATM's and the banking system as they move forward - They have 65 billion reserves - they are fine - don't read too much into it.

The Central Bank has come out and said look we are not afraid of anybody - you can check our books at any time you want on the auctions - we know where they are going - we have gotten rid of all of the money changers and all of that other stuff that needs to go bye bye
and the problem is you think we have too much control at this point in time - well we need to have this control because if we are going to add value to our dinar we need to make sure they things that we can control that will devalue it don't happen - Like people in Parliament stealing money - people in Parliament taking advantage of this and the people not getting what they need...Well the CBI is up for that
Remember they need to make sure the banking system is taking care of the people and that eventually it all filters into the banking system and everything is fine - so don't worry about the Central Bank as we have said before they are moving ahead - they have their plan and they know they want to increase the value - they are moving and doing what they need to do - getting the banking system straightened up - They are on track - They know what they are doing and what direction they are going - we are not worried about the Central Bank - Getting all the support they need and that they can get the help they need from the IMF - Its all going as planned


RECAP     GOVERNMENT 
STRAIGHT TALKIN MIKE


Summing up the articles we read tonight..... The pressure is building against Maliki....the things he is trying to do - his time is running out........The case is building against him worldwide - The financial world is putting pressure on these guys to move forward and get done and get him out of way...lot going on.....
Maliki made a mistake by getting Hashemi tried in absentia and then sentencing him to death - no matter who you are or where you are at people understand that this is not right no matter what the guy did - you just don't' sentence him to hang - that in turn ticked off the Turks where Hashemi is - they said they will never turn him over - you are out of your mind and now they are headed to Bagdhad to say look this ridiculous - you are out of your mind..
Maliki has stacked the Federal Courts with his people - stacked all of these positions with his people (the generals, etc) and they are starting to look at him and say look you are having an issue
Allawi decides today to come back to Parliament and all of sudden there is pressure
Maliki will be questioned on Saturday - You have Allawi, Barzani & Sadr all meeting for strategies to bring him in there - you've got alot of people getting ready to see what they are going to do on Friday
Parliament has been busy - they are going to pass major laws on Thursday hopefully if they get enough people and everything goes thru - who knows what Maliki will try to keep them from doing what they are doing - He's done it in the past - The Amnesty Law and and you are going to have alot of things go on where alot of these people who are in jail can get out.......you will have alot of Federal Court discussion...oversite roles - things he has got his fingers into and basically Parliament is going to call for him to go ahead and seat these people and do what he needs to do to clean up his act and then when he is in front of Parliament and talking about the interior - he will have a situation explaining why he is not moving this economy forward - why is he stalling in this area - another mistake he granted them the ability to come and talk to him on Saturday
So whats Maliki trying to do - Oh I am going to NY because Talabani is sick to get us out of Chapter 7 and go to NY
As we know last time he came here, he left with his head hanging low and got out - I am sure he will not be well received and there will be plenty of delegations there - I believe that Talabani will actually make this trip..I don't believe he will miss this particular trip
I am looking for alot of action over the next few days and we will see what happens as Parliament gets into session - I believe that all of this is going to force him to have to seat his government which is all positive for us

CBI is going on doing exactly what they need to do...IMF is coming in to help them out and doing what they need to do as friends of the CBI - they are moving that process right along - now it is time to correct this Maliki situation - Remember its not a good time of year to be acting up right before an election here in America where you have certain situations - politically that you don't want to get your name in the papers around this time - for the encumbent its tougher for him to say he is successful when you have all of this going on over there and make these claims that everything is good and okay and for the guy who is in office he has a very difficult time wanting this in the news around this time - you just don't want these kind of things coming up 30-60 days before an election because with Sept 11 going on it all brings the memories back and what we were there for and this has definitely got to have a good outcome and it will because the rest of the world needs it - This will end shortly and we will see some sort of power sharing but we should see Maliki greatly neutered here in a very short period of time which is positive news for us...

And there you have it...
Straight Talkin' Mike On The Straight Talk Express Bringing You Another Night of Positive News!


The I.Q.D. Team's News Coverage
for Tuesday - September 11, 2012

CBI / ECONOMY
(All links to articles at the bottom of list of articles)

Iraqi Coins May Return in 2013

Trade Bank of Iraq develop a mechanism for the phenomenon of money laundering

Central Bank of Iraq to set new strategies to unify exchange rate

Central Bank: We carried out the terms of the Stand-By Arrangement with the International Monetary Fund

Banker: Iraqi banks sober and is infiltrated by money transfer companies

Najafi and the delegation of the World Bank's fund discuss the economic situation and the work of the Iraqi Central Bank

=========================================================================

GOVERNMENT

And former Interior Minister calls for the government to return all of the powers which has been withdrawn from the defense and interior ministries

House of Representatives voted Thursday to seven laws, including a general amnesty and the Federal Court and discusses its oversight role

Maliki meets Obama in New York to remove Iraq from Chapter VII

Allawi up to the parliament and hold a meeting with the Iraqi bloc

Economy calls for the establishment of parliamentary international Iraqi bank

Maliki (out of the ordinary) puts Media Network officials on the interrogation chair

Breaking News ---The Parliament sets Saturday's session to host al-Maliki

Breaking News---General Amnesty on Thursday's agenda of the Parliament

Iyad Allawi leaves to Arbil to meet with Barzani

Hashemi: Maliki brought down the curtain on the "I play targeted"

Osman: rumor and there is a meeting between Allawi and Barzani and chest just media pressure on al-Maliki

Urgent .. National Alliance agrees that the number of members of the Commission only 9

URGENT ... Maliki calls hosted inside the Parliament to clarify some of the issues to its members and the presidency of the Council set Saturday as the date for that

Najafi and the Shahristani agree to expedite legislation oil law

NEWS ARTICLE LINKS

What a great night of news, analysis and discussion and Q & A - Listen to the call for all the rest of the news shared and more during the Q & A

We are getting closer every day......GET R DONE!!

Conference Call Replay -  Sept 11, 2012
Download/Playback
or
760-569-7699   Pin 769478#

As Always.... Discussion and Analysis of the Latest Iraq, Dinar & RV News....Pre & Post RV Information...Q & A

Every Tues & Thurs 8PM EST
760-569-7676  769478# or 712222#

The IQD Team~~Highlights Summary Replay Conf Call Sept 6~~Latest Iraq Dinar RV News~~Its All Good

9/7/2012

 
The IQD Team
Investigate, Question & Deliver
Thursday, Sept 6, 2012
Highlights/Summary & Replay of Conference Call

Conference Call Replay -  Sept. 6,  2012
Download/Playback
or
760-569-7699   Pin 769478#

Recap of the News tonight & analysis
(Listen to the recording for all of the detailed analysis of the articles discussed after each news article listed below - the following are just a few Highlights)

CBI/ECONOMY - Highlights & Recap
STRAIGHT TALKIN MIKE

Mike does a recap before the news starts as we welcome Tim back

"The Central Bank of Iraq: money laundering comes from its dollar buying dinar, not from selling the dollar"
We have people out side the country who need this legitimately - Remember lets go thru the process that happened here
About a month ago we had a surprise happening, the Central Bank shut down the money changers out on the street - what was happening is these money changers had various connections to the various people who could supply them with these dollars...say Maliki or prominent people in the Parliament who ran these money shops because they knew they could make money and remember this is what sticks in my mind - they talk about counterfeiting and money laundering - who counterfeits money that is worthless - If you want dollars I guess you can because you are getting dollars on the back end of that - that makes a little bit more sense because you are getting the dollars but the money changers were the ones that were in the way of taking all this counterfeit and giving it back & coming back and saying look we don't want to take a loss...
well when the Central Bank cut out all the of the middle men the banks became the # 1 place for them to get money - now they are talking about Know your customer rules...we call it the banking laws here that you have to know who is getting the money - how much they are getting, etc  - they are saying it is a little bit of a headache but most of the banks are doing a good job with this and these idiots at the Finance Committee probably had their fingers in a lot of this type stuff now can no longer get their fingers into it and they are pretty ticked off at the Central Banking System because of that
Well it certainly needs to be said here is that what Saleh is saying is that all of this is in place...we now know where the money is going - I think that is scaring people because they can't get what they were getting before although there is still large sums of money going out - they are saying that all the money that is going out might not be necessarily because of corruption - you may have legitimate people who are trading dinars that may need those dollars when they are outside out of the country to do those type of things - you may have legitimate reasons why companies have come to do business there - they may need to take them out of the country and need money back from them now.....you've got a number of reasons that this could be happening and not necessarily the reason being that there is money laundering going on and the Central Bank has always had a good answer to anything that the Finance Committee has come out and said and what this tells me it that they are getting an idea of where this money goes

Now Remember they are taking in dinar and we talked about on the last call if you want to do an RV these auctions are quite large - they are taking in trillions of dinars and giving out millions of dollars - they have the ability to do that and not really lose their reserves so they are not really being hit pretty hard and as we discussed on the last call with Mark it was a great idea - if you think about it he takes in all the dinars and makes money - gives out dollars they are making money and when they RV they take back the dollars and give out the dinars - its like making money on both ends of the spectrum so they really have a good way of doing this and the Central Bank is able to take advantage of that because they control the money supply and they have large reserves- one of the things the reserves are counting on is the oil sales and they are going well at this point in time but they have been warned a couple of times from outside sources - they need to have more than just the oil sales - they need to develop their economy inside and they are working diligently to do that....we always see these articles come from Central Bank in defense of what is going on just so the people know they have control over it and they do

"Central Bank underlines its procedures on Iranian banks in Baghdad"
One of the things we can get from this article is the UN is now coming into to help them on these particular situations and giving them guidance on how to deal with this particular situation so that they dont have issues with the security Council having to put sanctions on Iraq itself - so we talk about all the help they are getting from the IMF....The World Bank..etc - everybody giving them guidance on what they really need to do and how they need to go thru all of this - I think this is important - you have people helping the Central Bank making sure they are doing what they need to do which is to keep itself out of any type of financial issues with the international community because it is very important that they walk slowly and carry a big stick here and have the backing of the international community but when you have the UN Security Council coming in and helping out and you have people telling them what is going on - look we want to walk you thru the situation - we want to make sure you are doing all of this - we know that you have to have these banks there because you were doing trades with them and all of that good stuff but we want to walk you thru this minefield that could be out there and keeping you straight and when I look at this it tells me that the Central Bank is getting help from everywhere that it needs and this is just well appreciated help from the UN to come in and say heh this is whats going on and this is whats going out there

Good stuff...not much blazing Central Bank news out there but I thought these were two really good articles that kinda gives us an idea of whats going on and how they are defending themselves and the help that they are getting

Lots of great articles we could have read tonight but they are all rehashed articles we have already discussed...Credit cards...ATM's..reserves........all the great news we have already discussed....its all Cool and It's All Good!!

"MasterCard has first swipe in Myanmar"  (Thanks Kel @ Going Global)

Great article about Myanmar who revalued several months ago and now they are just getting there banking system going at a very slow pace  - As we have discussed, Iraq already has their banking systems in place and are so far ahead of this and how far Shabibi has taking his country .....great discussion about this article and the comparison - listen to recording

Government


As the government turns.....Reforms....Parliament - people holding meetings....Talabani due back soon...Status quo - we are still about the same place as we were the last time we talked - lot of rehash of the articles we went over on Tuesdays call - we are here still talking about reforms...we still can question Maliki at any moment...Nufaifi trying to head that off trying to do some talking right now to get all of that taken care of - so lots of negotiations going on
Maliki and Nujaifi talking - they were not even talking before and all of sudden these two are talking - Certainly you see a heightened sense of urgency with Nujaifi getting in there wanting to move things - he's the guy that needs to be engaged in the process - you want to see in there to get these two sides talking and going with Talabani not in the major picture....so very good he is getting involved.....nice to see people talking - lets get all 4 of these in guys in one room - lets get them all to talk and get the differences hammered out and Get It Done........"come together in the coming days"

Preparations for a meeting to pass the oil and gas law

We talked about this the other night - rehash of whats going on - they are talking - there are meetings - you have negotiations going on from three sides - internal Parliament people who can move things along saying look we will get these things done - we will get it replaced - we will do what we need to do - we will put something new in front of you if thats what you want but it is going to be a combination of what everybody likes and its going to be signed and implemented  - it is nice to see them working on the things we know that need to be done - we know the things that need to get done are the ministers, Article 140 and oil and gas - those are the 3 things we need done in the formation of the power sharing but those are the primary things we are looking for and again it is nice to see them working on this as we discussed on the last call...which it was quicker but it is what it is.

"Al-Maliki's decision: Parliament agreed to hold meetings to resolve differences"
"Qubad Talabani becomes KRG minister for Council of Ministers' Affairs"

Listen to recording for these two articles  - great discussion about both

And there you have it...
Straight Talkin' Mike On The Straight Talk Express Bringing You Another Night of Positive News!

The I.Q.D. Team's News Coverage
for Thursday - Sept. 6, 2012

CBI / ECONOMY


The Central Bank of Iraq: money laundering comes from its dollar buying dinar, not from selling the dollar

Central Bank underlines its procedures on Iranian banks in Baghdad

MasterCard has first swipe in Myanmar  (Thanks Kel @ Going Global)

==========================================================

GOVERNMENT


Preparations for a meeting to pass the oil and gas law

Al-Maliki's decision: Parliament agreed to hold meetings to resolve differences

Qubad Talabani becomes KRG minister for Council of Ministers' Affairs
=========================================================


NEWS ARTICLE LINKS

What a great night of news, analysis and discussion and Q & A - Listen to the call for all the rest of the news shared and more during the Q & A

We are getting closer every day......GET R DONE!!

Conference Call Replay -  Sept 6, 2012
Download/Playback
or
760-569-7699   Pin 769478#

As Always.... Discussion and Analysis of the Latest Iraq, Dinar & RV News....Pre & Post RV Information...Q & A

Every Tues & Thurs 8PM EST
760-569-7676  769478# or 712222#

The IQD Team~~Highlights Summary Replay Conf Call Sept 4~~Latest Iraq Dinar RV News

9/5/2012

 
The IQD Team
Investigate, Question & Deliver

Tuesday, Sept 4, 2012

Highlights/Summary & Replay of Conference Call


Conference Call Replay -  Sept. 4,  2012

Download/Playback


or

760-569-7699   Pin 769478#


Recap of the News tonight & analysis

(Listen to the recording for all of the detailed analysis of the articles discussed after each news article listed below - the following are just a few Highlights)


CBI/ECONOMY - Highlights

STRAIGHT TALKIN MIKE


"Kuwait confirms an acceleration in resolving many of the outstanding issues with Iraq"

"a major breakthrough seen relations between the two countries explaining that is was resolved many of the files, the most important issue of sovereignty."

Great update and as we have discussed many times we know they are done except for the announcement from United Nations.........talking and getting rid of all of the paperwork and the things they need to do...as we have said in the past, as things start to move with the government - things will happen quickly and you will see 5 or 6 things happen all at once the government is fully formed.  Remember as we have said many times, this is NOT event driven or date driven...(more on the recording)


"Central Bank announces the success of the first phase of the plan to increase the money banks"

We like to see the banking system get healthier and better and remember it was not that long ago that we read that they were  increasing the capital - wanted to increase the capital for fractional banking - that you have to put up so much money and have to have so much money in reserves in order to do this and they have achieved Phase I.....150 billion dinars....not only was this a requirement for them it was a requirement from IMF for international banking standards that they have banks that can be trusted - that they can have capital and they can stand on their own

It is extremely important that they get this done - talking about being 98% done - Phase 2 is to bring it up to 250 billion dinars is where they want to get it - this will help them compete internationally with the currency - the reason they are trying to do this is the currency is so low now.....kinda like the chicken before the egg syndrome - you want your banking system healthy - Well the banks are having a difficult time because there really is noone depositing or alot going on - you see them basically talking about increasing capital...And what are they getting ready for?  They are getting ready for Investments and getting ready for people to put money in their banks - eventually they will add value to the dinar and people will put that money in their banks and that will open up investments and people will come in and put money into Iraq to build...they are going to loan - they will do all of the things healthy banks do but they have to have these reserves in order to be there

Its pretty interesting of the process thats going on with the banks - What we are watching day by day is the banking system getting stronger and they are not getting stronger because they have worthless currency - they are getting stronger so that they can handle some sort of value to this currency - some sort of wealth that is going to be dropped into this country that they people are going to have and we are starting to see that they are getting ready to have a piece of the wealth - the oil that is out there

Now think of this ...the Central Bank is moving along like the government is set- they are taking care of everything they need to get done so that they can be ready when this government is fully formed and they can start into the phases of what they need to do - quite interesting to see all of the things taking place in the banking system and I am very excited to see them knocking off the things on the list required by the IMF....all this is going to do is enhance their ability to control their currency and the value of their currency when the time comes


Mike and Debbie discuss the companies moving into Iraq and why they are moving into Iraq......some of the articles and highlights are discussed are below.....- listen to the recording for the rest - good stuff)


Porsche announces opening an office in Erbil soon...opened an office in Erbil September 19th

Joining several international companies in the auto industry opening offices in the Kurdistan region, most notably BMW, Jaguar, Audi in addition to other companies..and now Porsche


Leather company plans to increase its marketing outlets for direct sale in Baghdad and the provinces

The General Company for Leather Industries prepared a study and plan to expand its marketing and promotion of their industry

national - they are increasing the number of centers from 35 to 90 for direct sale in Baghdad


Baghdad Burger Boom Iraq - Debbie recalls an article from last week sent to her by Scott - A wave of new American style restaurants are spreading across Baghdad - Iraqi entrepreneurs and investors from nearby countries see Iraq as an untapped market where the potential returns are high.  Managing director of just one of the companies and investors called Kurdistan Bridge that brought the restaurants to Iraq, called the restaurants a safe investment for companies like his that are getting in early.   He is already opening up several more branches.  The restaurants are a symbol of progress. 


Please note:  At the end of the news, there is a slight 5 minute time frame where Straight Talkin Mike was dropped from the call and due to the lines being full and to capacity - he had trouble getting back on when he was dropped - He does the Recap of the News AFTER the Q & A and at the end of the call for the night...


RECAP

Straight Talkin Mike


We talked about Kuwait coming in and telling everyone they have made alot of progress on these issues and really Chapter 7 has gone to the wayside - we know that UN can hold that over Iraq to keep them as a negotiating chip - it certainly doesn't have alot to do with the RV but it has a tremendous amount to add some pressure to the ongoing negotiations for reform and it looks like they are really trying to really move ahead and go forward - Remember Chapter 7 and all of this is associated with them getting their government formed and moving together so it is no deal that Maliki  is over there trying to get himself some sort of agreement to move forward - he's kinda picking off the things that he needs to get done so that they dont have to do the things inside of the government and he is trying to be the hero to the people - its really kinda of a mute point right now - things are going together - we have always said that it was really a done deal - It is really about them getting the Port up and running - I think Kuwait is getting impatient because they want to start sharing in the oil profits that is coming out of  Iraq as we see them going with their production


We talked about the CBI and the auctions - the things they are doing with those auctions - You've got the Finance Committee coming out and taking a look at them and saying there is some sort of collusion - NOT!!!

When they talk about it remember the Central Bank has the monetary policy - there out there making sure the banks have money and they can control the monetary flow and it is sort of collusionary as they go forward but that is what they are designed by

They fired all of the money changers - Shabibi is pulling alot of dinars off of the street and thru his auctions and thru his banks and putting out dollars  - there is alot of benefit and advantages to him doing these type of things for the RV purposes

So he is moving right along - They are saying they want to question him but they only have 50 votes - they need alot more than that to do that...Its pretty far off...Eventually he will go there and let them know whats going on


We talked about them ending the 1st phase of their banking system and making sure the banking system has enough assets and they certainly have enough assets...150 billion dinars - that phase is done - they want to bring them up to $250 billion dinars in the 2nd phase- this is absolutely wonderful - we talked about those phases several months ago - all has to do with the international banking and the banking system going forward - it is very very positive news!!

Its is wonderful to see CBI is again on track and moving forward - VERY GOOD


Government


We talked about Article 140 and that committees have been formed and they are getting that all together - They are excited and trying to get the implementation of this - The Commission will begin its supervisory work next week to oversee the work on the implementation of Article 140......Good news

Remember You can pass alot of things but If you don't implement them then it is just a mute point hanging out there


Lots of meetings going on inside the government - trying to get the Reforms done and Talabani back

Had couple of Congressional high level delegation show up - Mcain, Lieberman and Graham to get their whole take on whats happening...The Under Secretary of State showed up to talk and recommit our support - find out whats going on and Syria talks

As I said earlier its election season - don't read alot into it - alot of these are just political people showing up looking to see whats going on and if their is an advantage one way or the other and move it forward - They are not over there making side deals - as we have said it is not event driven - this is going to happen when it happens - it is going to happen on its own time


And there you have it...

Straight Talkin' Mike On The Straight Talk Express Bringing You Another Night of Positive News!


The I.Q.D. Team's News Coverage

for Tuesday - Sept. 4, 2012


CBI / ECONOMY


Kuwait confirms an acceleration in resolving many of the outstanding issues with Iraq


Central Bank announces the success of the first phase of the plan to increase the money banks


Detect collusion central bank advisers and government officials in the currency auction sale


=========================================================


GOVERNMENT


A high-level delegation from the U.S. Congress up to Baghdad on an unannounced visit


Article 140 Committee elected parliamentary deputy Mohsen al-Sadoun as its chairman


Postpone adoption of the amnesty law indefinitely


Urgent ... Meeting social complement to Arbil and Najaf in the coming days, combines Allawi and Barzani and chest

=========================================================


NEWS ARTICLE LINKS


What a great night of news, analysis and discussion and Q & A - Listen to the call for all the rest of the news shared and more during the Q & A


We are getting closer every day......GET R DONE!!


Conference Call Replay -  Sept 4, 2012

Download/Playback

or

760-569-7699   Pin 769478#


As Always.... Discussion and Analysis of the Latest Iraq, Dinar & RV News....Pre & Post RV Information...Q & A


Every Tues & Thurs 8PM EST

760-569-7676  769478# or 712222#


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