Iraq Investments: 06/01/2011

Thursday, June 30, 2011

105th Show

Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13

Just a few comments On June 30th Today

104th Show

Wednesday, June 29, 2011

103rd Show.

Tuesday, June 28, 2011

Took a day off and will be worklng hard for you guys starting in the AM Wed Morning

Hi All, doing fine Just needed a day off will have my daily shows up starting in the morning. Breitling Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13

Monday, June 27, 2011

Why June 30th is So important

Sunday, June 26, 2011

Debunking Big Jake

102nd Show

Saturday, June 25, 2011

101st Show

The exchange for lower notes inside Iraq

Friday, June 24, 2011

100th Show

Comments on the Articles coming out about the Changing of the Dinar

99th Show

Thursday, June 23, 2011

98th Show

97th Show

96th Show

Wednesday, June 22, 2011

95th Show

94th Show

93rd Show

The Central Bank of Iraq, Wednesday, that he decided to restructure the local currency in order to develop the payment system in the country.

Baghdad, June 22 (Rn) – The Central Bank of Iraq, Wednesday, that he decided to restructure the local currency in order to develop the payment system in the country.
The appearance of Mohammed Saleh told the Kurdish news agency (Rn) that “the Central Bank of Iraq has decided to start the execution of the strategic and long-term specialized restructuring of the local currency to the development of the payments system in Iraq.”

He added that “the central bank will raise the level of local currency and the currencies of developing new approaches to reach U.S. $ 100, which would address the economic gap in the financial payments system in the country.”

He continued that “the project of restructuring the local currency, which started gradually need to support the government and parliament that he will organize the purchasing power compared Palmdjulat economy.”
He expressed the IMF in August / August, his support of the Iraqi economy in the event of having a number of economic measures including the privatization of banks and raise three zeroes from the local currency and to meet debt and compensation is the responsibility of Iraq.
The Iraqi government has denied any change in the local currency this year to reduce inflation.
The local Iraqi currency has gone through several changes in its history, most recently in 2004 when the former Governing Council replaced the previous currency, which was the symbol of the former regime.
The main tasks of the Iraqi Central Bank to maintain price stability and the implementation of monetary policy, including exchange rate policies, and management of reserves of foreign currency, and the issuance of currency management, as well as to regulate the banking sector.

Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13

Tuesday, June 21, 2011

91st Show

90th Show

Morning Comments

Monday, June 20, 2011

89th Show

88th show

87th Show

Sunday, June 19, 2011

86th Show

85th Show

Comments on some e-mail and New blog site coming up

Keeping it Real

I post two talks about the new blog I am starting, listen well because I am not going to talk to much about it on this blog Iraq Investments, I want to respect people desire that want to come on this blog and stick to Dinar and Iraq Investments. My next post about the New blog and location will be my next post about it, until then getting back to business, and keeping my promise, to stay professional and stick with finding the best strategies and sharing what to look for, and invest in Iraq.

Warmest Regards
Breitling

Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13

Saturday, June 18, 2011

83rd Show

Comments on Big Jakes e-mail

Friday, June 17, 2011

A Few Comments

82nd Show

81St Show

Thursday, June 16, 2011

Comments on Dr J

80th Show

79th Show

78th Show

Wednesday, June 15, 2011

77th Show

76th Show

Tuesday, June 14, 2011

75th Show

74th Show

Monday, June 13, 2011

73rd Show

72nd Show

8Ball Chat

11:20 AM [8ball] I think that for every good article the pessimists in Iraq belt out 2 or 3
11:20 AM [8ball] Maliki needs the UN support
11:20 AM [8ball] obviuously for lifting chapter 7 and releasing the DFI
11:21 AM [RDog47] and for UN support, he needs to fracking RV . .
11:21 AM [8ball] But also to help with organizing
11:21 AM [8ball] and to help detect corruption
11:22 AM [8ball] I do believe that the RV is done when the government forms
11:22 AM [RDog47] Maliki needs to be able to detect corruption . . the mob doesn’t like competition . .
11:22 AM [8ball] The security ministers, and Erbil agreement
[8ball] Well they have systems to detect curruption at the Government level
11:23 AM [8ball] how much came in and what was bought
[8ball] the meeting is being prepared for meeting Allawi and Maliki over Erbil
11:24 AM [8ball] By Barzani
[8ball] this is to happen in two days…. the meting
11:24 AM [8ball] meeting
1:25 AM [RDog47] Kurds again playing Kingmaker . .
11:25 AM [8ball] There is reference that an important set of laws will be going through tommorow….tonight
11:25 AM [8ball] Yes the Kurds want to return Iraq to prosperity
11:25 AM [8ball] the world is waiting
11:26 AM [8ball] The world has helped with Iraqs debt
1:26 AM [8ball] now they are waiting for Iraq to finish what it started
1:26 AM [8ball] Erbil agreement will cause the government to gel
11:27 AM [8ball] So unfortuately a few more days
11:27 AM [8ball] ok
[8ball] I am thinking that if they would form the government we should see it between June 15th to June 30th plus one
11:28 AM [8ball] July 1st area
11:29 AM [8ball] June 30th being the big date for us
11:29 AM [8ball] with DFI protection disolving
[8ball] RDog47 — about our debt ?
11:30 AM [RDog47] Yep
11:30 AM [8ball] Well I’m sure that the two are intertwinned
11:30 AM [8ball] wwith the Asian curencies also
11:30 AM [8ball] Which if you have been following the Diector of the IMF’s stops over the last month
[8ball] He has been in the Asian countries meetings
1:32 AM [8ball] G20 came up with currency agreement which takes place on June 30th in November
[8ball] Which will cause the IMF to have the power to chnage the value of the currency relative to the trade imbalance
[8ball] Rather then the …..how low can you go….. attitude…..
11:33 AM [8ball] to be competitive
[8ball] to be competitive
11:33 AM [8ball] which the Asian currencies have hit bottom
[8ball] And the USD has been articially held up by the Asians to continue trading with the US
11:34 AM [dmitch] so has the US….we’re pretty much in the same sinking ship
[8ball] The US is the consumers
11:34 AM [8ball] So adjustments have to be done
[8ball] So adjustments have to be done
11:35 AM [8ball] how it turns out is unknown
11:35 AM [8ball] Or how it will roll out
11:35 AM [8ball] Whether it will be done immediately
11:35 AM [8ball] or over time
11:35 AM [RDog47] Thanks, that confirms other stuff I’ve heard . . dots are being connected . . .

Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13

70th Show

Sunday, June 12, 2011

Dinar Daddy: Making Sense of the Numbers

I continually receive emails for different people who struggle to understand what the “dropping of the 3-zeroes” means, and how all this could play out. I’m re-posting this post of mine that I put up here on the site a few months back to help quel the tide if questions, concerns, and emails. I hope this helps. Tie THIS post in with my “All the Possible Outcomes” post (you can access that post by clicking HERE), and you should have the full picture of how I feel about this investment. G0 Dinar! – DD

All,

From the moment I’ve been in this investment even until now, the debate of LOP versus RV has been raging. That very argument is what drove me and thousands of others AWAY from Investors Iraq (IIF), as it appeared it was absolutely overrun by those who felt it was their mission to squash the hopes and dreams of other investors. I am sharing this with the permission of those who have helped bring me this concept to light, from several legitimate economists and very sharp minds, their perspective to help each of you understand this dilemma.

I don’t know about you, but I’ve been told time and again by those who are absolutely in a position to know that this will NOT be a LOP, but will be a straight-up RV, yet I found myself not being able to refute the arguments of those who brought only “part of the truth” forward, using the “numbers” to their advantage through logical focus on that which was clearly understood. This post of mine is dedicated to explaining how an RV will happen.

CONCEPT EXPLAINED:

First off, I’ll use the exchange of a 10,000 IQD note as my example. To help explain the economics of this cash-in example, I will use a 1:1 cash-in ratio between the USD and IQD, that is given a two-tier payout, and a 2% bank spread.

What You Will Receive:
If you were to cash in your 10,000 IQD note with a bank that charges you a 2% spread, you would personally receive a net take-home of $9,800 credited to your bank account.

What Your Bank Will Receive:
Your Bank will receive a $10,000 credit to its Federal Reserve Account. They will also be able to add the $200 profit to their “capital account”.

If you don’t understand the “Fractional Banking“ concept that runs our country, you may want to, as that is what this is based on, and is what is behind this entire concept and plan. To learn more about this concept, I suggest you click HERE, and go to a video post I brought to the forum previously, and posted in my “Tidbits“ section.

Ultimately, the bank wins because they are able to gain $2,000 in lending power under the 10% “Fractional Banking“ model.

What the US Treasury Will Receive:
First off, the US Treasury will receive $3,500 in estimated taxes in the quarter after the exchange, because you are now in the “rich” category and get to enjoy the 35% tax bracket. This lowers the “net cost” of the IQD exchange to the US financial system to $6,500 USD (i.e. $10,000 out – $3,500 in). Furthermore, the US Treasury’s rate is higher than the banking rate (we will use in this example 1.25), thereby further reducing their “net cost” from $6,500 to $4,000.

Oil Now Enters the Picture:

At some point, a Fed-appointed agent orders $12,500 worth of oil from Iraq. Payment will consist of a $12,500 transfer from the Fed’s foreign currency reserve IQD account to the IRAQ Oil payment account at the CBI in a form otherwise known as PetroDollars/PetroDinar. Even though the world spot price of oil is defined in terms of USD, the actual transaction may take place in any internationally recognized currency agreed to by the parties. For example, Iran only accepts Yen from Japan for their oil orders, because they don’t want USD in their foreign currency reserves.

How the CBI “RECAPTURES” the Money:
The $12,500 order is filled with 250 barrels of oil based on the spot price on the date of the sale (for this example we used a $50 USD spot price). What does it cost Iraq to produce the oil to fill this order? Well they have negotiated productions agreements for approximately $1.50 USD/barrel. From that price $.50 USD goes to the national Iraqi oil company who is the partner in the field the oil came from. Out of the remaining $1.00 the other oil field partners have to pay the Iraq government a profit tax of $.35 USD (35%). The net cost to Iraq to produce a barrel of oil used in this scenario is $.65 USD. (i.e. $1.50 – .50 – .35)

What does all that mean? It cost Iraq $162.50 to bring back a 10,000 IQD note! Can they afford that? I think so! So, instead of paying out $12,500 for a 10,000 IQD note, they only pay $162.50! That doesn’t add to the money supply much at all does it! They receive their IQD back and place it in the CBI, or destroy it.

The transaction is completed with the Federal Reserve exchanging foreign reserve credits which are equal to $12,500 USD (which had a net acquisition cost of $4,000 USD for the US) for 250 barrels of oil (which has a TOTAL COST to produce of $162.50 USD for Iraq.

More completely explained, and simply put, it cost Iraq $162.50 USD from their foreign currency reserve accounts to redeem the value of 10,000 IQD, which goes into their operating accounts. At the same time the US got $12,500 worth of oil for a net cost of $4,000. That’s how it was originally planned for Iraq to RV at 1 IQD = 1 USD, with the variable being the political element (i.e. UN Sanctions, GOI actions, IMF actions, World Bank actions etc.)

Other Factors that Strengthen Iraq’s Position and Ability to RV:

DFI Funds Returned & Other Assets: $280+ Billion USD, plus other frozen assets (estimated at $100 billion) will be returned back to Iraq and added to their foreign currency reserve, bringing it up to $430+ billion USD.
CBI IQD Reserve Requirement Adjustment: The CBI will change the current fractional IQD reserve requirements from 100% to 15% at the appropriate time. As a result, the the total potential money supply will be raised in value to $2.8 Trillion (430 billion/15), while at the same time, the total physical IQD in circulation will be reduced by removing the large bills with the 3 zeros over a period of 2 years, as they have indicated.
Oil Production Increased: Iraq will also execute the plan they announced to increase oil production from 2+ million barrels/day to 10 million barrels/day with the resulting revenues flowing directly to the Iraq treasury.
Oil Futures & Forex Contracts Added: To further stir the pot, the CBI will continue to use it’s sales window to market oil futures and forex contracts. They have shown they can generate significant cash flow in the private market. Think of their impact in public markets.

There, my friends, is how this plan will be enacted and made possible. Taking NOTHING, and turning it into SOMETHING, then bringing it back to a “manageable and reasonable something” that is accepted and supported by seeming endless supplies of oil. This is how the world’s ENTIRE NEW MONETARY SYSTEM will be regenerated and supported and backed, given, in essence, a re-birth and renewed for most governments and economic regions… even by “Black Gold”.

So, here’s the summary for all the “players” involved, giving ballpark numbers, and not taking into account superfluous costs, fees, and other small details that don’t really affect the larger picture:

Investor’s Net Gain: $10,000 – $200 = $9,800 x .65 = 6,370 for an investment that cost $10
Bank’s Net Gain: $200 added to “capital account”, plus $2,000 they can use to loan out.
US Treasury Net Gain: $2,500 from the .25 spread on top + $3,500 in quarterly taxes = $6,000
CBI/GOI/Iraqi People Net Gain: $12,500 – $162.50 = $12,337.50 + Profits from “Other Factors”
Overall Net Gain for All Involved: $6,370+$200+$6,000+12,337.20 = $24,907.20

This is the wealth that was generated from a single 10,000 IQD note that was given an original value of approximately $10!

Is that amazing or what?! You tell me… can Iraq afford NOT to RV?!!! Will the IMF allow them to NOT RV their currency, but simply replace their large denoms for smaller ones?!!! LOL!!!

In this scenario, EVERYONE WINS… and the IQD is slowly (over 2 years) taken back in to the CBI… eventually destroyed, leaving a manageable M2 behind, having created HUGE WEALTH throughout the world to re-supply what was allowed to be destroyed in the “great bleed” over a period of just a few weeks a couple of years ago, even the greatest redistribution of wealth the world has ever seen. Believe it or not, it has happened for this very purpose, and it IS coming!

Go Iraq… Go Understanding… Go RV… Go Dinar!

Dinar Daddy

Saturday, June 11, 2011

69th Show

68th Show

67th Show

Friday, June 10, 2011

66th Show

Keep getting questions on if i am still on for this month

All,

In my opinion this month is the best window we have ever had, no reason NOT to think so at this point, if it DOES go past June we will find the next window, very simple. this is not a get rich quick investment. as you can see with Iraq, this is a very tuff process, nothing to be scared of, just takes time. I am on the road I will have my audio's up, and I will be doing some spacial talks next week on this investment and how to think and approach this strategically. I want to again thank all of you for your support.

Your biggest fan
Breitling

Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13

65th Show

Meeting of the Kuwait - Iraq to coordinate the process of handing over the remains of Iraqi soldiers found near Abdali

Meeting of the Kuwait - Iraq to coordinate the process of handing over the remains of Iraqi soldiers found near Abdali

08-06-2011 | ( (Voice of Iraq) - the research team completed its mission with great success amid record heat and ambiance of the giver

كتب عبدالله النجار وعبدالرزاق النجار: Books and Abdul Razak Abdullah Al Najjar Najjar:

Finished the research team, the Kuwaiti component of men the General Administration of Criminal Evidence and the Commission on the prisoners and missing persons task to extract the remains of Iraqi soldiers who were killed by coalition forces during the liberation of Kuwait from the brutal invasion with great success after total remains that have been extracted in the Abdali area 32 the remains.

In this regard, a meeting later in the annexation of the two sides of Kuwait and Iraq such as Kuwait, where the retired Brigadier General Mujbil Mutairi for the Committee on prisoners of war and missing in the head Colonel Hammad Anzi, director of the forensic team the General Administration of Criminal Evidence During the meeting, they discussed the issue of delivery of the remains of Iraqi soldiers with the Iraqi side After checking and making sure they belong to dead Iraqis to be a handover to the Iraqi side under the supervision of representatives from the U.S. and British embassies in Kuwait and the Red Cross The Iraqi side expressed his admiration for the research team of Kuwait and spoke highly of the experience enjoyed by members of the team activity and highly motivated and the responsibility carried by the team in the process of exhumation, especially during the day in hot weather and under a blazing sun.
جريدة الوطن Al-Watan

Presidency of the Council of Ministers continue hearings to projects that were completed and future plans of the ministries

Presidency of the Council of Ministers continue hearings to projects that were completed and future plans of the ministries
09 June, 2011 12:58:00

Transport Minister Hadi al-Amiri through the public meeting of the Council of Ministers to discuss the achievements of ministers during the period of one hundred days and future plans confirmed to start taking active part in building the port of Faw, indicating that it was determining the actual location of the port and address the ministries affairs itself, as well as plans to provide the funds necessary to finance the project .
The scenes of the statement

For his part, Prime Minister Nouri al-Maliki's speech by the Minister of Transport, demands him to find solutions to the issue of delayed flights of pilgrims, calling on the Ministry of Transport to adopt the entire topic.
The scenes of the statement

Maliki also revealed the existence of a complaint by the experts, delegates and traveling through Basra International Airport, due to the delay before entering the country, and reiterated his request to the Ministry of Transport to find a solution to the pilgrims.
The scenes of the statement

For his part, Health Minister Hamad Al-Majid Amin said that during the Hundred Days was the ministry's plan aims to reduce deaths in children and pregnant women and adopting a national policy for the provision of medicines and the introduction of modern Technology to state hospitals.
The scenes of the statement

Iraq’s foreign assets may triple in 2015

Iraq’s foreign assets may triple in 2015
Country’s GDP to surge 11% in 2011 and deficits to turn into surpluses
By

* Staff

Published Thursday, June 09, 2011

Iraq’s official foreign exchange reserves gained around $six billion in 2010 and they could triple by 2015 if oil prices remain strong and the Gulf country pursued an ambitious crude output expansion plan, according to a Western study.

Iraq’s oil production has already surged by more than 300,000 barrels per day during the first quarter of 2011 and a further rise will ally with high crude prices to boost growth in its real GDP to 11 per cent from only 0.8 per cent in 2010, said the study by the Washington-based Institute for International Finance (IIF).

In nominal terms, the economy of the conflict-battered Arab nation is projected to gain nearly $34 billion in 2011 and could swell further by $13 billion in 2012.

From round 2.36 million bpd through 2010, Iraq’s crude output surged to an average 2.7 million bpd in the first quarter of 2011, IIF said.

Assuming consumption of oil increases by five per cent a year, Iraq’s exports of crude in 2011 are projected at 2.15 million bpd, it added.

The report said the increase in oil production is in response to strengthened global demand occasioned by Libya’s shortfall, adding that it was also supported by three successful bidding rounds held since 2008, which drew in international oil companies to develop or rehabilitate Iraq's vast oil fields.

It noted that Iraq, which controls the world’s third largest proven oil deposits, has set ambitious plans to increase crude output to 11 million bpd by 2020.

But IIF said it believes that target is unlikely to be met, adding that the country’s oil production could gradually rise to around 4.5 million bpd by 2015.

The sharp increase in oil production, combined with higher crude prices, will shift the external current account and fiscal deficits of 2010 to large surpluses of 7.6 and 6.4 per cent of GDP, respectively, in 2011, according to the study.

“Overall, real GDP is projected to grow by 11 per cent in 2011 as a result of the large increase in crude oil production. Growth in nonoil real GDP will depend on improvements in the security situation,” it said.

“If oil prices remain above $100 per barrel, and if the country’s crude production continues to increase over the coming years to about 4.5 million bpd by 2015, then Iraq’s official foreign exchange reserves could almost triple, rising from about $50 billion at the end of 2010 to $143 billion by 2015, equivalent to 78 per cent of projected GDP, or 15 months of import cover.”

The report estimated Iraq’s GDP in current prices at around $80.7 billion in 2010 and expected it to swell to $114.4 billion this year and $127.1 billion in 2012.

It said the surge in real GDP would be mainly a result of higher oil output as hydrocarbon GDP will likely soar by 16.6 per cent in 2011. Non-oil GDP is forecast to rise by nearly 4.5 per cent, it added.

The report put inflation in Iraq at about five per cent in 2010 and forecast it to rise to six per cent in 2011 before edging down to five per cent in 2012.

It expected the country’s external debt to plunge from around 107.7 per cent of GDP in 2010 to 64.2 per cent of projected GDP in 2011 and about 45.8 per cent in 2012. The sharp fall will apparently be due to financial surpluses during 2011-2012 and a surge in the country’s GDP.

64th Show

Thursday, June 9, 2011

63rd Show

2nd half of 62nd Show

62nd Show

61st Show

Wednesday, June 8, 2011

60th Show

59th Show

58th Show

Tuesday, June 7, 2011

57th Show

56th Show

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Monday, June 6, 2011

54th Show

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Sunday, June 5, 2011

51st Show

Iraqi Prime Minister Nuri al-Maliki's 100-day deadline is fast approaching

Baghdad (CNN) -- Iraqi Prime Minister Nuri al-Maliki's 100-day deadline is fast approaching for Cabinet ministers to make reforms or be fired, raising concerns of mass protests if the deadline passes without some sign of improvement.

Al-Maliki has given Cabinet ministers until Monday to reduce corruption and improve basic services, an ultimatum imposed after February demonstrations over corruption and lack of personal freedoms turned deadly.

But activists and a leading human rights group accused al-Maliki's government of a campaign of intimidation against protest organizers ahead of the deadline, even as an Iraqi government spokesman announced a news conference to showcase improvements.

Hundreds of demonstrators gathered Friday in Baghdad's Tahrir Square to demand the release of four protest organizers -- Jihad Jalil, Ali al-Jaf, Mouyed Faisal and Ahmed Al-Baghdadi -- who were detained during a protest at the same location a week earlier

Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13

Economically the State hosts a forum on Iraq within the strategic framework agreement

Economically the State hosts a forum on Iraq within the strategic framework agreement

Washington/agencies

Opened us, Hillary Clinton, Iraq's business forum in Washington, said, urging American companies to invest in Iraq. The special us Coordinator for us operations in Iraq Ambassador Patricia haslak, "the time has come for a more traditional trade relations with Iraq now, no longer in Iraq (reconstruction), we move on to the next stage under the strategic framework, we are committed to our obligations". Among those pledges to help Iraq's accession to the WTO, which haslak be expected within a few years as Baghdad began to take the necessary steps to achieve this.

The US support Iraqi economy functions in American Government, after the Defense Ministry is leading these efforts through "team work". This step confirms Bush Administration's insistence, Barack Obama, the moving attention to Iraq from military to civilian side. The United States considers that the conclusion of military operations in Iraq and withdraw its troops from the country, opening the way to normalize relations with Baghdad the transition from "reconstruction" to trade and economic cooperation.

Referring to the Working Group of the Ministry of defence, haslak: "they are focusing more on Afghanistan now", explaining: "get all government agencies in these tasks, we consider (economic improvement) is essential to stabilize Iraq, it is essential that the economy is stable and viable growth and provide jobs, and this is what our peoples in the Middle East". "Iraq is heading in that direction and became a model for other countries in the region."

30 met heads of major US corporations, including companies "auxidntl oil" and "fediril askbers" for "being" computers "lock head Martin" military equipment in the US State Department Headquarters. The meeting was attended by a number of Iraqi officials and businessmen, including senior adviser to Prime Minister for Economic Affairs, thamir ghadhban, the Chief Iraqi investment, Sami Al-araji.

Haslak considered that the time has come for us firms extensively and effectively to the Iraqi market. She noted that the strategic framework agreement requires the United States to support the Iraqi economy.

The US State Department spokesman, Mark Turner: "while the Iraqi companies entering the market are still facing obstacles, including the difficult security environment, although improving, there are positive developments, such as: high oil revenues and growing internal growth and investments in infrastructure and a stable democratic Government," adding that "all these things indicate that Iraq is a unique opportunity to work with us can benefit."

Private us investment is estimated in Iraq by about 10 billion dollars, mostly from large American companies like Boeing, GE, Exxon Mobil ". However, these investments are slim for opportunities in Iraq. Haslak said that "the energy sector, including electricity, is the most attractive sector, plus US investment banking sector, where companies like (Citibank) interested in Iraq." There are other sectors such as housing the Iraqi Government began by trying to increase investment. Haslak said that "there really opportunities in sectors of communications, transport and Agriculture". And representatives of the ministries of agriculture and US Transport Forum yesterday.

Haslak found that "companies that want to invest in a particular State, particularly in a country like Iraq witnessed war and instability, want to obtain information, but we do not offer services to provide security protection or otherwise". And she added: "we can help by facilitating communication with the appropriate Iraqi authorities and helping to establish partnerships with local companies with linguistic and cultural expertise and knowledge required".

Back

Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13

50th Show

49th Show

Saturday, June 4, 2011

Special IMF Review

Schedule of Press Briefings and Speeches by Senior IMF Officials

Schedule of Press Briefings and Speeches by Senior IMF Officials

Last Updated: May 27, 2011
All Times are Local

Date Event Reverse Choronological Order
Saturday, June 11, 2011 No Public Engagements
Friday, June 10, 2011 No Public Engagements
Thursday, June 09, 2011 No Public Engagements
Wednesday, June 08, 2011

Mr. John Lipsky, Acting Managing Director will be in Beijing participating in the China Spillover Mission, June 8-9.
Tuesday, June 07, 2011

Mr. John Lipsky, Acting Managing Director will be in Tokyo participating in the Japan Spillover Mission, June 7-8.
Monday, June 06, 2011 No Public Engagements
Sunday, June 05, 2011 No Public Engagements
Saturday, June 04, 2011

Mr. John Lipsky, Acting Managing director will be in London participating in the United Kingdom Spillover Mission, June 4-6.
Friday, June 03, 2011 No Public Engagements
Thursday, June 02, 2011 No Public Engagements
Wednesday, June 01, 2011 No Public Engagements
Tuesday, May 31, 2011 No Public Engagements
Monday, May 30, 2011 No Public Engagements
Sunday, May 29, 2011 No Public Engagements
Saturday, May 28, 2011 No Public Engagements
Friday, May 27, 2011 No Public Engagements
Thursday, May 26, 2011

Regular press briefing by Caroline Atkinson, Director of the External Relations Department on Thursday, May 26, 2011 at 9:30 a.m at the IMF Multimedia Center, Room 01-620A, IMF Headquarters

Mr. John Lipsky, Acting Managing Director, will participate in the G8 Summit in Deauville, France at the Centre International de Deauville: May 26 to May 27.
Wednesday, May 25, 2011 No Public Engagements
Tuesday, May 24, 2011 No Public Engagements
Monday, May 23, 2011

Ms. Nemat Shafik, Deputy Managing Director, will participate in the G20 High-Level Conference to take place in Paris on Monday, May 23.
Sunday, May 22, 2011 No Public Engagements
Saturday, May 21, 2011 No Public Engagements

Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13

Departure of IMF’s No. 2 Sets Off Shuffle

Departure of IMF’s No. 2 Sets Off Shuffle

By Sudeep Reddy

The International Monetary Fund’s No. 2 official, John Lipsky, said Thursday he’ll leave his position when his term expires in August — creating the first test of whether emerging-market nations will play a role in filling top posts at the fund.

Lipsky, a U.S. national, has served as the IMF’s first deputy managing director since September 2006 in a five-year term. Lipsky has agreed to serve as Special Advisor to IMF Managing Director Dominique Strauss-Kahn through the Group of 20 Summit in November “to ensure continuity,” the fund said in a statement.

The No. 2 slot at the IMF has traditionally gone to an American, working under a managing director from a European nation. The fund has already taken steps to recognize the increasing power of emerging-market economies such as Brazil, China, India and Russia. Now those nations will see whether their citizens get a shot at the top jobs in Washington.

The IMF managing director selects the No. 2 official with approval of the fund’s 24-member executive board. There’s widespread speculation that Strauss-Kahn, who took his post in 2007, will leave the IMF to run for president of France. That would create another opportunity to swing from tradition by putting a non-European into the post.

Lipsky, 64, previously served as vice chairman of J.P. Morgan Investment Bank and also had been chief economist at J.P. Morgan and Salomon Brothers. Earlier in his career, he spent a decade in various positions at the IMF.

“From my first days at the Fund, John has been a sincere friend to me, as well as an exemplary colleague, a tireless thinker, an instigator of debate, an influential proponent of multilateralism and deeper financial surveillance, and an outstanding communicator to a broad range of external constituencies,” Strauss-Kahn said in the statement.

Breaking News: U.S. pushes for speedy succession at IMF

U.S. pushes for speedy succession at IMF

* Breaking News

* Treasury Secretary Timothy Geithner on Thursday called for an "open process" to select a new head of the International Monetary Fund, although it is expected that Washington will back a European.
The leadership of the IMF was thrown into question by the arrest on Saturday of its managing director, Dominique Strauss-Kahn, on charges of sexual assault and attempted rape. Strauss-Kahn resigned on Wednesday.

"We want to see an open process that leads to a prompt succession for the Fund's new managing director," Geithner, who worked at the IMF, said in a brief statement.

Under a long-standing agreement between the United States and Europe, the IMF top job has always gone to a European, while an American has led its sister organization, the World Bank. The United States also fills the No. 2 post at the fund.

The Group of 20 rich and emerging economies, currently chaired by France, two years ago endorsed "an open, transparent and merit-based selection process," although could not agree that nationality should be explicitly ruled out as a criteria.

Some emerging market nations, which have gained power at the IMF in recent years, have said candidates from their countries should get a shot at the top job.

However, a sense of inevitability grew on Thursday that Europe would retain the post, with French Finance Minister Christine Lagarde seen as the most likely choice.

"The reality is this process is going to result in a European getting this job," a Canadian official said on condition of anonymity.

Although the Obama administration would like to see changes, sources close to the IMF and U.S. Treasury said that in the end it will back a European for the top job so as not to jeopardize its captaincy of the World Bank, which would anger U.S. lawmakers who control contributions to both institutions.

The issue is especially sensitive given that Congress is set to shortly consider funding for the poverty-fighting institution, said Arvind Subramanian, senior fellow at the Peterson Institute think tank and a former IMF economist.

"I think Congress is not prepared to give up control over either institution ... But at some stage, Congress and the U.S. public will have to see what's happening in the world as a whole, that the U.S. isn't calling all the shots," he said.

"The more you rig the institution, the less credible it becomes," he added.

EUROPE LOOKS TO SEW IT UP

European leaders have moved quickly to stake their claim on the job, although China, Brazil and South Africa said the selection process had to be open to all and based on a candidate's qualifications and not nationality.

Lagarde is widely respected among both developed and developing countries. Emerging nations, however, appear to favor Kemal Dervis, Turkey's former economy minister.

"The (European Union) is supporting Lagarde and the United States is happy with that because it is not ready to give up the IMF No. 2 spot nor the World Bank," one highly placed source told Reuters. "This time the emerging market economies will fight but they will lose."

Lael Brainard, the U.S. Treasury's point person on international affairs, told a conference that Washington was not backing any one candidate but that a swift transition was needed given the challenges facing the global economy.

"In view of the important financial challenges, we want to make sure that the institution is as strong as it can possibly be to work with us and our partners around the world on financial challenges," she said.

The IMF's 24-member board is trying to determine the selection process. The head of the IMF is chosen by simple majority, which means 50 percent of all voting rights. The rights are determined based on the size of each economy and other economic and financial factors.

Together, the United States and European nations hold more than 50 percent of voting power, giving them effective say over who leads the institution.

Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13

48th Show

47th Show

Thank you Very much Windy outstanding attitude. Warmest Regards Breitling

After Roger's chat the other night, I decided to use it as an opportunity to diversify and fund dinar through a Warka account that I've been meaning to set up for some time now. So whether the RV occurs in June or later, I feel that I am in control of my best interests.

I just listened to your response to his chat, and it reaffirms that I have armed myself with the knowledge I need to affect my destiny. Thank you for that affirmation, and for all the tireless work you do to educate us on this most spectacular investment opportunity :)
No matter what, I am ready!

Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13

Thank you for the Support: this is what I am looking for, attitude!!!!!!!!!!!!! self reliant!!!!!!!! YOU made me very happy !!!!!!!!!!

Tony you will always have people fearful losing money for the obvious reasons.

However, you have been very great ! strategic in speaking, it seems also in your research, and in how you are communicating. Why I feel so many people are drawn to your blog. I'm very impressed with your calmness and facts. Delivery is always important in speaking.

So great job in bringing awareness and the possibility for others to become responsible for ones choices and ones life.
In many ways you are contributing and making a difference, on a scale that is immeasurable. Thanks so much.

I am completely comfortable with my choice and I keep looking at how it is unfolding AND also what I may not see, that may have it fall through. But I'm enjoying the process and living like it will RV and making plans for the windfall. Whether it happens here or I create it another way it will happen for me.

Thank you,
Angelika

Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13

Friday, June 3, 2011

I Do Not Guarantee Dates And Or Rates

I want to make it very clear and point it out, because I keep getting e-mails people asking me how do I know June is our month for sure. The answer is I don’t know anything

On date or Rate for sure, how many times do I have to say it? Best guess on date and rates only, the answer also is no one knows time of Rv or rate, so if your betting on this to RV in June don’t!!!!!!!, dont do that to your self Am I looking at June and all that is going on ? am I happy about what is being said and policy moving forward ? yesssssssssss

Do I guarantee a Rv this month? Heck no, and I never will! People need to listen to exactly what I am saying and have said BEST GUESS ONLY, I got an alarming e-mail asking me how I can guarantee an RV in June, I had to go over all my information and blogs to try and find were I had said this and I cant find a single word of it, so you all need to chill

If and when June 30 hits it has not Rved we are left with one choice, find the next BEST window and that’s exactly what I plan on doing if that case so rises, I am not a Friday to Monday night predicting BSer with fireworks and a higher rates each week from boots on the ground info that has been wrong for 2 years strait. Also I promise you it has not already Rved and we are just waiting. You will know when it Rv’s

Please Keep your head on your shoulders It is going to revalue, and sooner or later we will find it and we will be able to cash in. I want to see e-mails people talking about I am prepared if it goes longer then June, and you are your own Guru,!!!! you only listen to you!!!!!

Would make me very happy to get such notice from you guys I am 100% confident in this investment, having said that, I will not, have not promised a rate or date.

Warmest Regards

Breitling

Dinar Dealers Promotion Disclaimer: I will no longer Recommend any Dinar traders

Message from the President regarding the continuation of the national emergency with respect to the stabilization of Iraq

For Immediate Release

May 17, 2011

Message from the President regarding the continuation of the national emergency with respect to the stabilization of Iraq

TEXT OF A LETTER FROM THE PRESIDENT

TO THE SPEAKER OF THE HOUSE OF REPRESENTATIVES

AND THE PRESIDENT OF THE SENATE

May 17, 2011

Dear Mr. Speaker: (Dear Mr. President

Section 202(d) of the National Emergencies Act (50 U.S.C. 1622(d)) provides for the automatic termination of a national emergency unless, prior to the anniversary date of its declaration, the President publishes in the Federal Register and transmits to the Congress a notice stating that the emergency is to continue in effect beyond the anniversary date. In accordance with this provision, I have sent the enclosed notice to the Federal Register for publication continuing the national emergency with respect to the stabilization of Iraq. This notice states that the national emergency with respect to the stabilization of Iraq declared in Executive Order 13303 of May 22, 2003, as modified in scope and relied upon for additional steps taken in Executive Order 13315 of August 28, 2003, Executive Order 13350 of July 29, 2004, Executive Order 13364 of November 29, 2004, and Executive Order 13438 of July 17, 2007, is to continue in effect beyond May 22, 2011.

Obstacles to the orderly reconstruction of Iraq, the restoration and maintenance of peace and security in the country, and the development of political, administrative, and economic institutions in Iraq continue to pose an unusual and extraordinary threat to the national security and foreign policy of the United States. Accordingly, I have determined that it is necessary to continue the national emergency with respect to this threat and maintain in force the measures taken to deal with that national emergency.

Recognizing positive developments in Iraq, the United Nations Security Council decided, in Resolution 1956 (2010), to terminate on June 30, 2011, arrangements concerning the Development Fund for Iraq established in Resolutions 1483 (2003) and 1546 (2004). The Security Council also called upon the Iraqi government to finalize the full and effective

transition to a post‑Development Fund mechanism by June 30, 2011. My Administration will evaluate

Iraq

's ongoing efforts in this regard, as well as its progress in resolving outstanding debts and claims arising from actions of the previous regime, so that I may determine whether to continue beyond June 30, 2011,

the prohibitions contained in Executive Order 13303 of May 22, 2003, as amended by Executive Order 13364 of November 29, 2004, on any attachment, judgment, decree, lien, execution, garnishment, or other judicial process with respect to the Development Fund for Iraq, the accounts, assets, and property held by the Central Bank of Iraq, and Iraqi petroleum‑related products, which are in addition to the sovereign immunity accorded Iraq under otherwise applicable law.

Sincerely,

BARACK OBAMA