Dinar Reporter (IQDUSD)

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Investment Freedom - Not Graded

"The elected Iraqi government created a new investment law in October 2006, opening Iraq to foreign capital. Inflation and sluggish growth, combined with a deleterious security situation and rampant corruption, are major hindrances to investment. Iraq does not subscribe to international arbitration agreements, although it does have a domestic arbitration framework. The regulatory system is confusing, since most of the laws are new, having been established by the 2006 investment law, and thus fairly ambiguous for investors. Capital and profits can be transferred out of Iraq. Speculation in the new Iraqi dinar is illegal because of central bank efforts to reduce inflation. Laws concerning state expropriation are not fully formed, though the constitution reserves the power for national interest situations."

I like to believe that they are not talking to us, but to big financial institutions