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copper13
06-25-2013, 01:26 PM
Three days and the dream becomes reality ; Political and economic benefits due to emerge from Chapter VII
Posted: June 24, 2013 in Iraqi Dinar/Politics
Tags: Ban Ki-Moon, Chapter VII, Chapter VII of the United Nations Charter, Iraq, kuwait, United Nation, United Nations Secretary General, United Nations Security Council

06/24/2013 12:00 AM

with every passing hour approaching Iraqis achieve the goal they have despaired of receiving a result of actions of Saddam, but the government policy and the extraordinary efforts made ​​by diplomats and cooperation shown by the State of Kuwait, brought the dream is no longer separates between us and achievable and the announcement of remove Iraq from Chapter VII only 3 days.

blocks and parliamentary committees and government officials and parties flexed for “Center Brief for the Iraqi Media Network,” the positives get Iraq out of the provisions of Chapter VII, especially the economic benefits and political life of this important step in the history of the state after the dictatorial regime. Read the rest of this entry »

http://thecurrencynewshound.com/2013/06/24/three-days-and-the-dream-becomes-reality-political-and-economic-benefits-due-to-emerge-from-chapter-vii/#more-62743

copper13
06-25-2013, 01:29 PM
After two decades, the CH VII that has haunted Iraq is showing signs of its imminent end
Posted: June 24, 2013 in Iraqi Dinar/Politics
Tags: Ban Ki-Moon, Chapter VII of the United Nations Charter, Iraq, kuwait, Kuwaiti, United Nation, United Nations Secretary General, United Nations Security Council

Section VII nightmare haunts the country’s development and the signs to get rid of it is imminent

Is expected to vote on the UN Security Council on 27 June, the current country out of Chapter VII after Iraq’s commitment to the implementation of UN Security Council resolutions, with the exception specialize in economic affairs out of the country from Chapter VII golden opportunity for those in charge of the economy through the obstacles that stand in the development economic development in the country.

Read the rest of this entry »

http://thecurrencynewshound.com/2013/06/24/after-two-decades-the-ch-vii-that-has-haunted-iraq-is-showing-signs-of-its-imminent-end/#more-62745

copper13
06-25-2013, 01:31 PM
MP’s agree Iraq will gain full sovereignty after CH VII lift; Free from all restrictions
Posted: June 25, 2013 in Iraqi Dinar/Politics
Tags: Baghdad, Chapter VII, Chapter VII of the United Nations Charter, Iraq, kuwait, United Nation, United Nations Charter, United Nations Secretary General

2 articles

Parliament: exit Iraq from Chapter VII will be freed from all restrictions in the exercise of its regional and international
25-06-2013 10:11 AM

Baghdad (News)/report/Huda Taha. Sawa did not remain one day to complete a fully sovereign Iraq, Iraq is restricted by many constraints for more than 30 years because of the occupation by the former regime of the State of Kuwait and the restrictions still sought him until now.

In interviews (News Agency) said a number of House members, to exit Iraq from Chapter VII, will be freed from all restrictions in the exercise of his activity, regional and international levels and is an active member of the rest of the States.

Read the rest of this entry »

http://thecurrencynewshound.com/2013/06/25/mps-agree-iraq-will-gain-full-sovereignty-after-ch-vii-lift-free-from-all-restrictions/#more-62760

copper13
06-25-2013, 01:34 PM
Minister of Municipalities: Removing Iraq from CH VII will facilitate entry of international companies
Posted: June 25, 2013 in Iraqi Dinar/Politics
Tags: al-Iraqiya, Ban Ki-Moon, Chapter VII, Chapter VII of the United Nations Charter, Iraq, Secretary General United Nations, United Nation, United Nations Security Council

POST 24 JUNE / JUNE 2013 15:18
BAGHDAD / Center Brief for the Iraqi Media Network ( IMN) – The Minister of Municipalities just Mhodr, said on Monday that Iraq out of Chapter VII will contribute to the entry of global companies with a good reputation and solid to carry out service projects during the year.

Mhodr said in a press statement ( IMN) that “Iraq out of Chapter VII will contribute to the entry of global companies have a good reputation and solid.”

Read the rest of this entry »

http://thecurrencynewshound.com/2013/06/25/minister-of-municipalities-removing-iraq-from-ch-vii-will-facilitate-entry-of-international-companies/#more-62763

copper13
06-25-2013, 01:37 PM
MP Mayahi: Iraq out from CH VII is a quantum leap in the political process of the country
Posted: June 25, 2013 in Iraqi Dinar/Politics
Tags: Chapter VII, Chapter VII of the United Nations Charter, Iraq, Iraqi people, kuwait, Mayahi, National Bloc, Saddam Hussein

Published in: 9:04 am, June 25, 2013

leader of the National Bloc MP Aziz Sharif white Mayahi that Iraq would emerge from Chapter VII is a quantum leap in the political process of the country.

Mayahi said in a press statement by his press office said Tuesday: “The occurrence of Iraq under Chapter VII because of the adventures of the former regime have adverse returns were great and the ravages of Iraq’re still paying the price of the rights of the Iraqi people even today.”

Read the rest of this entry »

http://thecurrencynewshound.com/2013/06/25/mp-mayahi-iraq-out-from-ch-vii-is-a-quantum-leap-in-the-political-process-of-the-country/#more-62765

copper13
06-25-2013, 01:40 PM
Alsjeri: Departure from CH VII will have significant economic benefits for Iraq
Posted: June 25, 2013 in Iraqi Dinar/Politics
Tags: Baghdad, Chapter, Chapter VII, Chapter VII of the United Nations Charter, Iraq, kuwait, United Nations Charter, United Nations Secretary General

Published in: 9:04 am, June 25, 2013

BAGHDAD (Iba) .. The Secretary-General of the People’s Movement MP on Alsjeri that Iraq would emerge from the provisions of Chapter VII of the Charter of the United Nations will have significant economic benefits for the country.

And Alsjeri said in a statement issued by his office that the item behind the great economic damage, where pay international companies in various fields of work away from Iraq after being largely financial system and the impact on Iraq’s sovereignty in general.

Read the rest of this entry »

http://thecurrencynewshound.com/2013/06/25/alsjeri-departure-from-ch-vii-will-have-significant-economic-benefits-for-iraq/#more-62767

copper13
06-25-2013, 01:42 PM
Iraq National Investment: Confirms soon after CH VII, Iraq will be directed towards international economy & development of banking system
Posted: June 25, 2013 in Iraqi Dinar/Politics

Screen Shot 2013-02-02 at 11.40.31 AMPoliticians: out of Chapter VII important government Completed

06/25/2013 12:00 AM

Citizen is looking forward to the benefits that would accrue upon

Citizens looked to the benefits that will be due to the withdrawal of Iraq from the provisions of Chapter VII imposed on the country as a result invasion Saddam’s State of Kuwait in 1990, and after touching the citizen in particular tragedies succumb to the provisions of this chapter , here is today awaiting what Segnih after afford the provisions of this chapter and to pay for what were not his by hand from Acts confrontational. expected to vote in the UN Security Council, to remove Iraq from Chapter VII of the night next Thursday (the day of complete sovereignty), after a recommendation Secretary General of the UN, Ban Ki-moon in a report submitted to the Security Council, in which he said: that Iraq had fulfilled all its international obligations.

Read the rest of this entry »

http://thecurrencynewshound.com/2013/06/25/iraq-national-investment-confirms-soon-after-ch-vii-iraq-will-be-directed-towards-international-economy-development-of-banking-system/#more-62774

copper13
06-25-2013, 01:44 PM
FEEL FREE TO POST UPDATES AND COMMENTS.... :cool:

lglwzrd
06-25-2013, 04:45 PM
Iraq National Investment: Confirms soon after CH VII, Iraq will be directed towards international economy & development of banking system
Posted: June 25, 2013 in Iraqi Dinar/Politics

Screen Shot 2013-02-02 at 11.40.31 AMPoliticians: out of Chapter VII important government Completed

06/25/2013 12:00 AM

Citizen is looking forward to the benefits that would accrue upon

Citizens looked to the benefits that will be due to the withdrawal of Iraq from the provisions of Chapter VII imposed on the country as a result invasion Saddam’s State of Kuwait in 1990, and after touching the citizen in particular tragedies succumb to the provisions of this chapter , here is today awaiting what Segnih after afford the provisions of this chapter and to pay for what were not his by hand from Acts confrontational. expected to vote in the UN Security Council, to remove Iraq from Chapter VII of the night next Thursday (the day of complete sovereignty), after a recommendation Secretary General of the UN, Ban Ki-moon in a report submitted to the Security Council, in which he said: that Iraq had fulfilled all its international obligations.

Read the rest of this entry »

http://thecurrencynewshound.com/2013/06/25/iraq-national-investment-confirms-soon-after-ch-vii-iraq-will-be-directed-towards-international-economy-development-of-banking-system/#more-62774

some people believe that the removal from ch 7 is the 1st step necessary for a reval....i just dont know.

Dinar Index
06-26-2013, 06:46 AM
Attention heading towards the satellite TV screens seven in the evening
BAGHDAD - morning
Eager Iraqi government and people solutions to seven o'clock tomorrow evening Thursday, the moment the vote on Iraq out of Chapter VII and the announcement of the completion of Iraqi sovereignty.
This التباشير comes after the recommendation of the UN Secretary-General Ban Ki-moon in his report to the Security Council, in which he said that Iraq has fulfilled all its international obligations.
He suggested politicians named today as "on the full sovereignty", following the launch of the designation "Sovereignty Day" on the day of exit of U.S. forces in the atheist and the thirtieth of December of the year 2011. Praised the secretary-general of the Council of Ministers Ali Mohsen Ismail vital role played by the Iraqi negotiator to get Iraq from Chapter VII, which he considered a national achievement can be added to a series of achievements made after the year 2003.
He pointed out that to get rid of the prosecution of Iraqi funds, and fortify the country's external balances, the main gains will be realized thanks to leave that chapter.
He said Secretary General of the Council of Ministers during a meeting interview with "morning" Multi remove Iraq from Chapter VII as "essential task for the sovereignty of Iraq in the first place and where the great moral, especially that the country is trying to embark on a new phase requires a lot of flexibility and international relations and to facilitate the movement of all economic trends and political and trade. "also reviewed the Minister of Science and Technology Previous Raed Fahmi said in an interview for" Center Brief for the Iraqi Media Network, "the government's efforts to emerge from Chapter VII and imposed by international trusteeship on Iraq, saying: he was a key objective of the government Iraq since the evacuation of American troops. scheduled to vote on the UN Security Council Thursday on the decision to come out of Iraq from Chapter VII to Chapter VI., and there are inter differences between chapters (VII and VI), as the most prominent of these differences is that the first is mandatory, while the second is not beyond being a mere recommendations. and Atanon Chapter VII of the UN Charter, "while taking actions in cases of threats to peace, breaches and acts of aggression" as evidenced by this title that speaks of procedural steps Council may be taken to ensure the return of peace and security to areas of conflict.
While the title of Chapter VI is "in resolving disputes peacefully," This shows that Chapter VI regard to peaceful established to resolve disputes and issues threatening peace. Confirms Dr. Mohammed al-Haj Hammoud, Undersecretary of the Ministry of Foreign Affairs the past that effort a government big cradle out of the penalty provisions of Chapter VII. explains Hammoud in a lecture him about (Iraq and Chapter VII of the UN Charter) seen by the "morning", that "the new regime in Iraq was keen to deal with the law of international the highest degree of responsibility, and showed his eagerness to express intentions and actions positive towards UN resolutions and their implementation good faith. "

Dinar Index
06-26-2013, 06:50 AM
Iraq will be directed towards international economy!!! Hmmm

copper13
06-26-2013, 11:04 AM
Great Update! Its Getting Exciting.......;)

copper13
06-27-2013, 03:08 AM
Baghdad prepares to deliver fireworks show once CH VII lifts tomorrow night

Posted: June 26, 2013 in Iraqi Dinar/Politics

Tags: Baghdad, Ban Ki-Moon, Chapter VII of the United Nations Charter, Iraq, kuwait, United Nation, United Nations Secretary General, United Nations Security Council

graphics-fireworks-399589Baghdad prepares for Fireworks after the departure of Iraq from Chapter VII tomorrow
Wednesday, June 26, 2013 14: 10

Baghdad announced the completion of all preparations to celebrate [the day of the full sovereignty of Iraq] through the UN Security Council voted on Thursday to remove Iraq from Chapter VII, noting that “the celebration will include Fireworks and scattering roses.”

Read the rest of this entry »

http://thecurrencynewshound.com/2013/06/26/baghdad-prepares-to-deliver-fireworks-show-one-ch-vii-lifts-tomorrow-night/#more-62812

copper13
06-27-2013, 03:13 AM
Source: All five permanent members of UNSC have received the final version of the decision to exit Iraq from Chapter VII

Posted: June 26, 2013 in Iraqi Dinar/Politics

Tags: Chapter VII, Chapter VII of the United Nations Charter, Hoshyar Zebari, Iraq, kuwait, middle east, United Nation, United Nations Member States

An informed source disclosed in Cabinet, special International Commission, ended Tuesday, writing the final version of the decision to eject Iraq from Chapter VII, and distributed to the five permanent members of the Security Council.

This comes as the Iraqi Foreign Ministry announced yesterday that Iraq chairs International Conference on Disarmament in Geneva Switzerland under the auspices of the United Nations Member States.

Informed sources in the Cabinet “of the world”, the “Special International Committee, ended on Tuesday, finalized a decision directed by Iraq of the provisions of Chapter VII of the Charter of the United Nations”.

Read the rest of this entry »

http://thecurrencynewshound.com/2013/06/26/source-all-five-permanent-members-of-unsc-have-received-the-final-version-of-the-decision-to-exit-iraq-from-chapter-vii/#more-62804

copper13
06-27-2013, 03:17 AM
7pm Tomorrow in Iraq: Complete sovereignty

Posted: June 26, 2013 in Iraqi Dinar/Politics

Tags: al-Iraqiya, Ban Ki-Moon, Chapter VII, Chapter VII of the United Nations Charter, Iraq, Secretary General United Nations, United Nation, United Nations Security Council

??????????????????06/26/2013 12:00 AM

eager Iraqi government and people solutions to seven o’clock in the evening on Thursday a moment to vote on Iraq out of Chapter VII and the announcement of completion of Iraqi sovereignty.

comes this التباشير after the recommendation of the Secretary-General of the United Nations Ban Ki-moon report to the Security Council, in which he said that Iraq had fulfilled all its international obligations.

Read the rest of this entry »

http://thecurrencynewshound.com/2013/06/26/7pm-tomorrow-in-iraq-complete-sovereignty/#more-62798

copper13
06-27-2013, 03:21 AM
Economist: Corporate investment will flow to Iraq after leaving Chapter VII

Posted: June 26, 2013 in Iraqi Dinar/Politics

Tags: Baghdad, Chapter VII of the United Nations Charter, Iraq, Iraqi people, kuwait, United Nation, United Nations Secretary General, United Nations Security Council

26-06-2013 12:27 PM

Baghdad (newsletter). Economic expert Hamid al-Musawi said, the flow of international companies to invest in the country when Iraq from Chapter VII imposed on it by the United Nations.

He said Callie (News Agency): to exit Iraq from Chapter VII would be pointless country freely dispose of his assets frozen in banks and remove all constraints to the advancement of the country and prevent the arrival of international companies.


Read the rest of this entry »

http://thecurrencynewshound.com/2013/06/26/economist-corporate-investment-will-flow-to-iraq-after-leaving-chapter-vii/#more-62794

copper13
06-27-2013, 03:23 AM
WAKE UP YOU PEOPLE!!!! BIGGEST EVENT YET ON OUR INVESTMENT!!!!:o

Dinar Index
06-27-2013, 05:18 AM
I am with you Copper13!!! but i don't think there are many of us left...

I hope one day we will have a beer together, I have always enjoyed your posts, always loved your positivity!! Your a great contributor to this forum

TheZeppyWanderer
06-27-2013, 11:27 AM
WAKE UP YOU PEOPLE!!!! BIGGEST EVENT YET ON OUR INVESTMENT!!!!:o


My thoughts entirely.

Countless times in the past we had the sites choc full of members because of "news" which was nowhere near as genuine or as significant as what we have seen in the last few days.

Thing is, its been such a long time - 10 years (for some out there !), which is as long as both world wars combined.

Some of the original members may not even be with us anymore unfortunately, so they never got to see how the story ends, if indeed it is about to draw to a close.

SamsonGold
06-27-2013, 12:47 PM
Thank you for the great news. Hopefully, we will see some advancement in the economy soon. And it is a bit difficult to get excited after a ten year wait.

IRAQISTEVE1
06-27-2013, 01:58 PM
I'm still here.......... Just don't or won't believe it till I see it, then I still won't believe it. At least the RV that is. Call me cynical but, been around too long I guess...

dinar_dude
06-27-2013, 02:04 PM
I think there is still a long way to go. I'm doubtful there will be some overnight reval which puts the dinar on par with the dollar. The more likely scenario would be that the IMF pages the dinar to a more realistic exchange rate with the dollar or the GCC currencies. A 3/1 appreciation wouldn't be bad, IMO.

copper13
06-27-2013, 02:50 PM
Today: UN Security Council votes to remove Iraq from Chapter VII

Posted: June 27, 2013 in Iraqi Dinar/Politics

Tags: al-Iraqiya, Chapter VII, Chapter VII of the United Nations Charter, George W Bush, Iraq, iraqi, Iraqi Media Network, United Nations Security Council

27/06/2013 12:00 AM

“The output Iraq from Chapter VII, will allow greater freedom for the Iraqi banks to open accounts global transactions banking more broadly. “

Optimism master of the situation .. And invitations to invest post-liberation of international provisions

few hours separating Iraq of the Lead World Event Iraqi historical most important and most prominent in the twenty-first century, the recognition by the state that does not threaten international peace and security, and re-integrated into the international community globally through take it out of Chapter VII.

Read the rest of this entry »

http://thecurrencynewshound.com/2013/06/27/today-un-security-council-votes-to-remove-iraq-from-chapter-vii/#more-62840

copper13
06-27-2013, 02:52 PM
Iraq’s full sovereignty of the day; Source: UNSC will confirm Iraq has fulfilled all obligations under CH VII

Posted: June 27, 2013 in Iraqi Dinar/Politics

Tags: al-Iraqiya, Ban Ki-Moon, Chapter VII of the United Nations Charter, Iraq, kuwait, Security Council, United Nation, United Nations Security Council

27/06/2013 12:00 AM

Optimism master of the situation with the approach of Security Council vote on Iraq out of Chapter VII

few hours separating the announcement of the international community for historic event is more important for Iraq and the most prominent in the twenty-first century, the recognition by the state that does not threaten international peace and security, by directing from Chapter VII.

hopes Iraqis to declare the UN Security Council on Thursday at seven in the evening the country out of the provisions of this chapter after the recommendation of the UN Secretary-General Ban Ki-moon in a report submitted to the Security Council in which he said: “Iraq has fulfilled all its obligations.”

Read the rest of this entry

http://thecurrencynewshound.com/2013/06/27/iraqs-full-sovereignty-of-the-day-source-unsc-will-confirm-iraq-has-fulfilled-all-obligations-under-ch-vii/#more-62834

copper13
06-27-2013, 02:55 PM
Legal Expert: Iraq out of Chapter VII will give the freedom to dispose of of economic assets and revenues

Posted: June 27, 2013 in Iraqi Dinar/Politics

Tags: Baghdad, Chapter VII of the United Nations Charter, Invasion of Kuwait, Iraq, kuwait, United Nation, United Nations Security Council, United States

Baghdad – and babysit – legal expert said Saadi Ghraoui that Iraq would emerge from Chapter VII-VI came result Aafah the international commitments which was caused by the previous regime’s invasion of Kuwait and reflected negatively on the Iraqi reality and subjected to the pressures of the most important international undergoing this item.

Read the rest of this entry »

http://thecurrencynewshound.com/2013/06/27/legal-expert-iraq-out-of-chapter-vii-will-give-the-freedom-to-dispose-of-of-economic-assets-and-revenues/#more-62

copper13
06-27-2013, 02:58 PM
Legal expert: lifting UN sanctions on Iraq means lifting UN custody on Iraqi funds abroad

Posted: June 27, 2013 in Iraqi Dinar/Politics

Tags: Baghdad, Chapter, Chapter VII of the United Nations Charter, Iraq, kuwait, United Nation, United Nations Security Council, United States

Thursday, 27 June 2013 09:57 | | |

Baghdad (AIN) -The legal expert Ahmed al-Ibadi described reliving Iraq from the UN Chapter’s Seventh Chapter as lifting the custody on the Iraqi frozen funds abroad and giving the Iraqi government freedom to utilize these funds and restoring the country to its regional and international surrounding.

Read the rest of this entry »

http://thecurrencynewshound.com/2013/06/27/legal-expert-lifting-un-sanctions-on-iraq-means-lifting-un-custody-on-iraqi-funds-abroad/#more-62826

copper13
06-27-2013, 03:01 PM
Iraq is a giant…

Iraq is a giant that’s waking up and the opportunities are immense – Mayank Malik, Citigroup CEO

http://www.bloomberg.com/news/2013-06-26/citigroup-targets-iraq-as-corbat-scales-back-in-emerging-markets.html

Quote — Posted: June 27, 2013 in Iraqi Dinar/Politics

copper13
06-27-2013, 03:03 PM
Citigroup Opens in Iraq to Tap $1 Trillion of Oil Spending

By Stefania Bianchi - Jun 27, 2013 7:46 AM CT

Citigroup Inc. (C), the U.S. lender scaling back in some emerging markets, said it’s seeking to benefit from an estimated $1 trillion of infrastructure spending in Iraq as the country rebuilds roads and bridges after the war.

The third-largest U.S. lender by assets this week received approval to open a representative office in Baghdad and will also consider more such offices and branches in the country, Mayank Malik, chief executive officer for Jordan, Iraq, Syria and the Palestinian territories, said in a phone interview.
Enlarge image Citigroup Opens in Iraq to Tap $1 Trillion of Oil Spending

Iraq is the New York-based bank’s first country opening for six years. Photographer: Scott Eells/Bloomberg
Enlarge image Citigroup Inc. Chief Executive Officer Michael Corbat

Citigroup Inc. Chief Executive Officer Michael Corbat. Photographer: Simon Dawson/Bloomberg
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Iraq is the New York-based bank’s first country opening for six years and comes as Chief Executive Officer Michael Corbat seeks to sell or scale back consumer operations in nations such as Turkey, Pakistan and Uruguay, reversing an expansion strategy into faster-growing economies by former CEO Vikram Pandit.

“Iraq is a giant that’s waking up and the opportunities are immense,” Malik said from Amman, Jordan. “The most significant opportunities are twofold -- oil revenue generation and infrastructure creation. We estimate this to be $1 trillion initiative over time.”

Iraq, holder of the world’s fifth-largest proven oil deposits, is boosting budget spending by 18 percent this year to $118 billion. The International Monetary Fund forecasts the economy will grow 9 percent this year, the fastest pace after Libya of 18 countries in the Middle East and North Africa.
Iraq Business

Corbat, who replaced Pandit in October, announced last year that the lender would sell or scale back consumer operations in five nations including Turkey and Pakistan as part of a cost-cutting plan that will eliminate 11,000 jobs. In March, Corbat told attendees at a New York conference he might exit businesses in 21 more countries, which he didn’t identify.

Business in Iraq will come from international companies looking to rebuild roads, telecommunication networks, electricity and water infrastructure amid continuing violence in the country, Malik said.

Iraq’s stock exchange drew investors in February when mobile operator Asiacell Communications PJSC listed after a $1.3 billion share sale, in the Middle East’s biggest initial public offering since 2008. The country’s two other mobile operators, Zain Iraq and Korek Telecom, plan to sell shares in IPOs to comply with their license requirements.

“The economic story of Iraq hasn’t changed,” Malik said. “Iraq is the only country that has economic stability and political instability.”
StanChart Entry

Foreign banks were barred from the country until after the U.S.-led invasion that ousted the regime of Saddam Hussein. Today, 15 international banks operate there, competing with seven state banks, 23 private lenders and nine banks operating under Islamic rules, according to the central bank’s website.

Banks in the country are set for growth in earnings and assets as a surge in lending in OPEC’s second-biggest producer outpaces the region. Iraq’s rising oil exports and a drop in the prime lending rate to 6 percent from 17 percent in 2008 are feeding the expansion.

The five largest privately owned banks boosted their combined net income by 207 percent from 2010 to 2012 and more than doubled earnings per share, according to Singapore-based Sansar Capital Management LLC, which runs a fund with $30 million invested in Iraqi equities. The country has one ATM for every 100,000 residents, compared with a regional average that’s 32 times higher, according to Sansar’s report.

Standard Chartered Plc has said it will open branches this year in Baghdad and the city of Erbil, followed by a third office next year in the oil hub of Basra.
HSBC Exit

As Citigroup and Standard Chartered enter the country, HSBC Holdings Plc (HSBA), Europe’s biggest bank, said June 25 that it may sell its 70 percent stake in Iraq’s Dar Es Salaam Investment Bank following a strategic review. HSBC will explore options for a sale and won’t subscribe to shares of the investment bank as part of its proposed capital increase, it said. HSBC bought the stake in 2005.

Iraq has seen an upsurge in violence since the U.S. withdrew its last combat troops at the end of 2011, reflecting tensions between Sunni Muslims and the country’s Shiite-led government. Terrorists killed more than 1,000 civilians and security forces in the country in May, surpassing the 712 killed in April, which was the deadliest month since June 2008, the United Nations mission to Iraq said in June.

“The political backdrop may cause some delay or distraction, but the economic fundamentals of Iraq haven’t changed,” Citigroup’s Malik said.

http://www.bloomberg.com/news/2013-06-26/citigroup-targets-iraq-as-corbat-scales-back-in-emerging-markets.html

paynes1
06-27-2013, 03:04 PM
This is really good news if true.

copper13
06-27-2013, 03:08 PM
Its True paynes! FULL SOVEREIGNTY FOR IRAQ IN ONE HOUR MY FRIEND!!!!!:p

English Bob
06-27-2013, 03:16 PM
I'm still here.......... Just don't or won't believe it till I see it, then I still won't believe it. At least the RV that is. Call me cynical but, been around too long I guess...


Sorry to yank your chain.........................you did believe the girl at travelex!! LOL

EB

paynes1
06-27-2013, 03:38 PM
Its True paynes! FULL SOVEREIGNTY FOR IRAQ IN ONE HOUR MY FRIEND!!!!!:p

This could get interesting quick

javi8104
06-27-2013, 04:03 PM
Sorry to yank your chain.........................you did believe the girl at travelex!! LOL

EB

Haven't logged on in like 4 years but had to retrieve my password just to say this was hilarious English Bob.

IRAQISTEVE1
06-27-2013, 04:16 PM
Sorry to yank your chain.........................you did believe the girl at travelex!! LOL

EB


Darn you EB!!! You and Calstar have got a memory like an Elephant!!!

Yea, I guess at one time I was foolish enough to believe but, remember I have been married twice also. That say's it all right there!! I'm a sucker:(

English Bob
06-27-2013, 04:44 PM
Darn you EB!!! You and Calstar have got a memory like an Elephant!!!

Yea, I guess at one time I was foolish enough to believe but, remember I have been married twice also. That say's it all right there!! I'm a sucker:(


ah oh

Fool me once

Fool me twice.................springs to mind

Just so you don't feel bad I will tell you a little story...............ok a long one LOL.


I was in my late 20's (50+ now) and I bumped into I guy from school!

I said how you doing and what have you been up to etc etc.

This guy was on his third wife and kids from them all!!!.................I had not even started! LOL

But the real funny part is this.

I remember a conversation in a French lesson about sex.

This was the guy that stated..................No way....................I would be to scared of getting the girl pregnant.....................LOL

Few years later ..................3 friggin wife's and loads of kids..............LOL

Hope that cheers you up......................

EB

rozwell
06-27-2013, 05:09 PM
Bob,your still in high school.

English Bob
06-27-2013, 05:11 PM
Bob,your still in high school.


We don't have high school in the UK

We learn from the school of life.

EB

Jimbojoe
06-29-2013, 04:08 AM
Very,Very True this could be Great:)