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#
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#
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