Happy New Year Everyone!
Happy New Year Everyone!
can anyone confirm that they did this in the previous years? If so was it for this long of a time?
And what benefits can come from blacking out the news media? Does this really help a revalue and how?
I think this is a media blackout because they are going to reval the dinar and they want as little attention as possible. They don't want everyone cashing in at once and have teh value of the dinar crash.
I am not one to talk the technical talk in the terms of economics, other threads do it justice.
I guess the big questions are, is it going to reval soon (I hope with all these things happening at once) and how many of us are going to cash in. I don't think anything like this has happened before, so all of us are just throwing out possible outcomes.
I understand that when a company (IPO's) are ready to go public, they set a price a couple of weeks before going public, from the time the price is set, there is what's called a "quiet period" with an expiration date. Known as a "quiet period expiration".
Perhaps fundementally this could be a "quiet period", prior to going on the forex, Just thinking out loud here!!!!
Change? - Change? can you spare some, Change? -Change?
im sure we can reason this to death and come with a finalized idea of what they are doing.. lets start spitting out ideas and see which ones seem to be best course of action if it is a revalue.
I would swear in court that I saw an article regarding the signing of the ICI around the 7th/8th (to those that asked here) only about 3 weeks ago and also in regards to the warnings to not spend the grant only a week or so ago. I just don't have the time to figure out how to trawl through this entire forum to find every link. That's not to say the info in these articles are not simply another attempt at misleading by the GoI (and, boy, they are good at it)!!
I figure there are a few out there like Adster, etc. who reads the same stuff can probably help me out here or back me up to say I'm not talking utter crap.
IIF Rocks! Accept no substitutes or MSG.
Doesn't give an exact date (yes, you are right) but I did see an article through IIF specifying next weekend as a date....
I am STILL looking on the Net...
Try this one:
Mr. Annan notes that "considerable preparatory work" has already been done to create an effective framework for the Compact in which the Government can develop its economic programme according to clearly defined priorities, benchmarks and commitments. And yesterday an international agreement was adopted to move the process further along.
Representatives of 13 Governments, the League of Arab States, the World Bank and other regional and international organizations met in the United Arab Emirates to welcome the Iraqi Government's commitment to "making urgent progress" on national reconciliation, political inclusion and other measures.
The Abu Dhabi Declaration also pledged to work closely with the authorities in further developing the Compact with the UN and the World Bank, and "recognized the need to expeditiously complete the development" through a "broad consultative process at the national, regional and international levels." The meeting also pledged to work towards adoption of the Compact by the end of this year.
From: Untitled Document