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mike alfred

Kurdistan New Currency - The Beginning of a Big Crisis - 0 views

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    Kurdistan regional government is asking for separation from central government and wants to make their own country with the name of Kurdistan. The initial step that Kurdistan regional government took for the separate home land is the issuance of their own currency instead of Iraqi dinar.
mike alfred

Iraq Oil Shock is The Big Threat For Iraq Economy - 0 views

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    The impact of this crisis has seen in the US oil markets where oil has jumped to 4.2% in the last 2 weeks. It is one of the big threats to the economy of the world along with the economy of Iraq.
mike alfred

Big Changes Expected in the Iraq Stock Exchange - 0 views

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    General elections of Iraq are over now. The election result is about to come. The officials of central bank of Iraq are taking keen interest in the business activities in the country. Most of the official is expecting some big changes in the money market of Iraq, especially in the stock exchange.
mike alfred

Money Laundering is The Big Problem For Iraq Economy - 0 views

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    Central bank of Iraq have controlled the value of Iraqi dinar so well and the central bank did not let it down in the international market. But money laundering has become one of the big issue for economy of Iraq that need to be checked with rational steps that need to be taken as soon as possible.
mike alfred

Total looking at building big petrochemical unit in Iraq - 0 views

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    The head of Total's refining and chemicals division, Patrick Pouyanne, said he signed a preliminary accord with Iraq's industry ministry in November 2013 to examine the feasibility of the complex in the southern Iraqi port of Basra.
mike alfred

Is Iraqi Currency Worth Buying - 0 views

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    A golden chance with a big question mark in front of it. Yes, it is Iraqi currency we are talking about. The current value is very nominal, and one dollar gives you almost 1000 dinars. This sounds very nice from an investment point of view. But, the whole world is going towards third world war and no country can predict about its mark on the earth in the future.
mike alfred

CBI (Central bank of Iraq) Recent Purchase of Gold - 0 views

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    The Central Bank of Iraq has recently purchased the heavy amount of gold. It is about 36 tons of gold purchased by the CBI in the previous month. The central bank is always making plans to stable the country's position and the value of its currency. Time by time, it is making different plans and implement on that. It is a big step to invest in heavy amount of gold.
mike alfred

Formation of New Government in Iraq - 0 views

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    The elections of 2014 are over and according to initial authentic sources; the Noor Al Maliki has won elections 2014 with the big lead. Everyone now is looking for new strategies of the country, especially about the strong point of view for revaluation of Iraqi dinar.
mike alfred

Iraq Reserves 6th Position in Imposition of Taxes, UN - 0 views

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    Central bank opened a new office in Dubai to attract different foreign banks to find and invest in the business opportunities in the country. Furthermore, it also attracted many foreign banks to open new branches in the country. This is the results of the efforts made by central bank of Iraq that many of the reputed international banks are operating in the Baghdad and many other big cities of Iraq.
mike alfred

Gold Prices Rise in The Market After Violence in Iraq - 0 views

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    Iraq is one of the biggest traders of gold in the market nowadays. Iraq focused on the international trade in gold rather than dollar or any other currency of the world. The aim is to enhance the value of its currency in the international market and to stabilize its economy. Iraq made some big deals that surprised the world in the gold. In 2014 only, the central bank of Iraq purchased more than 80 tons of the gold ingots from international market.
mike alfred

Iraq Requested United States For Air Strikes on Sunni Militants - 0 views

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    The government of Iraq requested United States of America for air strikes on Sunni Militants marching towards Baghdad. Noor Al Maliki said that these militants are big threat for America and Europe; therefore it is in favor of US to attack these militants. Noor Al Maliki is disappointed with the latest news from all over the country of the control of Islamic Militants over numbers of important cities of Iraq, including one of biggest oil refinery of Iraq in Baiji.
mike alfred

Prices of Gold Increased In Asia - 0 views

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    The gold prices in Asia rose after the rebel attack on the two major cities of Iraq. The rebels got the control of these major cities and started attack on the security forces. These major cities are rich in the oil production therefore it is considered as a big loss for Iraq and its economy.
mike alfred

Is RV Expected in June? - 0 views

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    Most of the people are discussing the June for revaluation, on the different economic forums. Dinar gurus and other economists are so confident for big economic changes in Iraq. Hopefully these changes can be related to RV. Some of them expecting revaluation before June and some are not in the favor of this expectation.
mike alfred

More Confusion on Iraq's General Budget - 0 views

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    The general budget of Iraq is always declared in the month of October every year. Unfortunately the budget is declared in Iraq often late in the country that caused many of the issues in the country. The unstable political situation of Iraq was always a big hurdle for approval of the budget. The conflict of Iraq and Kurdistan is the major cause of the delay of the Iraq general budget every year.
mike alfred

Maliki Elected, Iraqi Prime Minister - 0 views

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    Noor Al Maliki defeated hi opposition with the big lead in the general elections of Iraq and became Prime Minister of Iraq again. The prime minister ship of Noor Al Maliki is in the favor of Iraq and its economy.
mike alfred

Can Maliki Win Again? - 0 views

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    Iraqi Dinar 123 News:- Iraqi people are ready to see the big change in the country and those who think that Noor Al Maliki is the next prime minister are wrong. Out of 190 MP's, Maliki has 93 seats that is not enough to make government.
mike alfred

The Impact of Council 17 Membership on The Economy of Iraq - 0 views

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    With this membership the export of Iraq will increase in the European markets especially the export of crude oil. The investors will invest more than before to produce more products as they have a big option in the mind. The employment opportunities in the country will also increase and there will bring balance in all the sectors of economy.
mike alfred

Everyone Expecting RV Soon - 0 views

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    The discussion of Iraqi dinar is at peak these days due to several big changes in the economy of Iraq at local and international level. One of the biggest changes that we observe in the economy of Iraq is the membership of council of 17 that allowed Iraq to trade in the biggest market of the world. We are all waiting for the development of the economy of Iraq.
mike alfred

Govt. Launches Bonds for Industrial Sector Support - 0 views

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    Iraqi Dinar 123 News:- Iraq is facing lot of challenges internally and worldwide these days. The lower oil price internationally is a big challenge for Iraq. Iraq oil exports are down gradually. Iraq is one of the larger oil producers in the world but low oil prices effected Iraqi exports.
mike alfred

New Deposit Insurance Act Approved - 0 views

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    During the banking conference held in Baghdad the Deposit Insurance Act was approved. It was seen that most people find it hard to invest their savings with banks due to the unstable conditions of Iraq. Iraq has been unstable socially, economically, politically and financially since long. The security issues of the country have also been a big cause to different things.
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