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American Contractor -- Central Bank of Iraq continues to suspend the printing of the new Iraq currency

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American Contractor  -- Central Bank of Iraq continues to suspend the printing of the new Iraq currency Empty American Contractor -- Central Bank of Iraq continues to suspend the printing of the new Iraq currency

Post by Ponee Tue Sep 10, 2013 3:11 pm

9-10-2013 Intel/Newshound Guru American Contractor For those of you who may be following the news in Iraq and/or in the region, you may know that things are not in the best circumstances. Baghdad has a serious car bomb problem....as well as the hostile acts that occurring on a daily basis in Baghdad and the rest of the country. We have neighboring Syria who may experience the most powerful war fighting machine this world has ever known. The war in Syria would surely cause major disruptions inside Iraq for many western companies. 


 The Iraq government is contemplating on whether or not to have the elections next year in 2014. The current government may use the excuse of the lack of security to postpone next years national elections. Prime Minister Maliki is still undecided on whether or not he will run again in 2014. And yes, he is eligible to run in next years elections if he so chooses. On another note the Central Bank of Iraq continues to suspend the printing of the new Iraq currency. Some would like to dispute this as only rumors on the street and that this is all a bluff and will print sooner, however, that is simply not the facts. The Central Bank remains committed to a stable Iraq dinar. So, in the meantime, we will just have to watch and wait. [post 2 of 2]

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American Contractor  -- Central Bank of Iraq continues to suspend the printing of the new Iraq currency Empty Re: American Contractor -- Central Bank of Iraq continues to suspend the printing of the new Iraq currency

Post by rick152 Tue Sep 10, 2013 5:13 pm

Iraq more than likely always have a car bomb problem, just the nature of the people of the region.
 
How could a war in Siria disrupt the entire economy of Iraq?  Maybe the far side close to the border but as for the rest Iraq has plenty of protection to keep that from spilling over the border.

Iraq is not and will not "contemplate whether or not to have elections. The elections will take place, bet on it.

As to Maliki running again, the constitution still says no but, we shall see on that one.

Also I would bet that the new currency has been printed for some time now.

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