Thread: Iraq/Dinar News. 09/05 to 01/14/07

The Fat Lady is warming up backstage...

Please do not use Hawaiian Time!

Originally Posted by Socata 850

CP Technically it's Nov 30th all the way until you get past midnight in Hawaii. If you lived there you could still claim the 30th as the RV date couldn't you? Sooooooo , you have until 5:01 am est tomorro morning to "technically" be the 1st of December. Keep your chin, I'm still pulling for you !!

We are almost as bad as Iraqis,
on keeping on time and timing issues!

Ricola International - Welcome

Throat spray and all the orchestra ready?

Originally Posted by Frank Rizzo

The Fat Lady is warming up backstage...

Ricola - Home

Lets really bellow it out!

Even the naysayers can hear!

Originally Posted by motomachi

Please do not use Hawaiian Time!

We are almost as bad as Iraqis,
on keeping on time and timing issues!

Whooops!!! Scratch that Hawaiian time comment then.

Originally Posted by Socata 850

CP Technically it's Nov 30th all the way until you get past midnight in Hawaii. If you lived there you could still claim the 30th as the RV date couldn't you? Sooooooo , you have until 5:01 am est tomorrow morning to "technically" be the 1st of December. Keep your chin, I'm still pulling for you !!

me too Sacota 849.5

I found this part interesting....

Article (11) :
Investor enjoy the following benefits :
First : get capital introduced to Iraq and proceeds according to the provisions of this Act and instructed the Central Bank of Iraq and a convertible currency after payment of all debts and obligations to the Iraqi government and all other quarters.
Second : the right to the foreign investor :
ا-Iraq circulation in the market for securities and equity securities listed therein.
B-composition of investment portfolios in stocks and bonds.
Third : leasing land for the project or for the duration of Almsatha where the investment project based on that not more than fifty (50) years, renewable for approval of the Commission and take into account in determining the term nature of the project and its usefulness to the national economy.
Fourth : insurance investment project with any insurance company or a foreign national it deems appropriate.
Fifth : the opening of accounts in Iraqi currency or foreign or both with one of the banks in Iraq or outside of the project metaphor

The revenue from the T-Bills Auctions pay the government expenses.

The Ministry of Finance is authorized under the Public Debt Law to issue obligations guaranteed by the Government of Iraq. The Central Bank of Iraq, as fiscal agent of the Ministry of Finance, is authorized to conduct auctions for Government Debt Securities on behalf of the Ministry of Finance. The Ministry of Finance issues Government Debt Securities to finance the Government of Iraq, subject to the limits of the Annual Budget Law.

To achieve this financing objective, the Ministry of Finance determined a system and mechanism for Government Debt Securities auctions that will be held periodically, with the results announced at [twelve p.m] in the morning after the close of the auction at [one p.m]

Well the CBI didn't have the securities auctions on the 13th or the 27th because the banks didn't participate:

Because of the Iraqi banks have not participating into the competitive bids of T/B auction No. (48) held on 13th Nov . 2006 Accordingly MOF decided to cancel the a/m auction.

Because of the Iraqi banks have not participating into the competitive bids of T/B auction No. (49) held on 27th Nov 2006 Therefore the auction is considered as cancelled.

Auction Financial

I don't believe these are weekly auctions like the dinar auction, maybe every other week? But what can we determine from this in light of the FIL being passed and the statement in Article 11 above and the banks NOT showing up for these auctions either? If anything?

Cheers!
DayDream

Originally Posted by shotgunsusie

THE RESEARCH TEAM IS LOOKIN FOR THIS WEEKEND. THE LADIES IN THE GROUP ARE SHOPPING FOR LIPOSUCTION AND BREAST AUGMENTATION. LMDAO!!!

MORE POWER TO 'EM!

Originally Posted by $onedaysoon$

update on my post

I called the site below and it will not be updated until mid December

Treasury Reporting Rates of Exchange

Originally Posted by motomachi

AH!

RV time!

So it is December 11-14 now? Or any day before;
but we are still in November!

What about the 30th of November 2006?

If you load the site now. They haven't updated in awhile. They still show the IQD to the USD at 1473, so that was awhile back anyways. I would say that this is no alarm.

Originally Posted by danny51

No Penis Augmentation for the men in the group? LMAO

oh please. This was one place where we didn't have to worry about honker fixation. This on top of the sheep thing, Danny Danny. Can't pull the wool over your eyes I guess, you baaaaaad boy.
pax vobiscum

Anytime within the next 2 weeks guys, that's my take........