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Dinar Updates – LIVE Call-in Q & A – from Saturday, Nov 23rd 760-569-7699 pin #398647 (recorded)
Thoughts for – Dec 6th 2013
1 I will lift up mine eyes unto the hills, from whence cometh my help.
2 My help [cometh] from the LORD, which made heaven and earth.
3 He will not suffer thy foot to be moved: he that keepeth thee will not slumber.
4 Behold, he that keepeth Israel shall neither slumber nor sleep.
5 The LORD [is] thy keeper: the LORD [is] thy shade upon thy right hand.
6 The sun shall not smite thee by day, nor the moon by night.
7 The LORD shall preserve thee from all evil: he shall preserve thy soul.
8 The LORD shall preserve thy going out and thy coming in from this time forth, and even for evermore. _______________________________________________________________
BGG - [Is Iran a major player now? Or Maliki, IMF? Who should we watch for some positive real news?] Iran always has been – they are the number one reason the IQD stays low. Period. [What has to happen for the RV to take place?] Maliki to see it as an advantage or someone to override him. [What are your contacts saying as for the Maliki group, IMF pulling the trigger, Or a major event we should see soon?] Unless there is some previous “irregular agreement” with the IMF – I am suspicious they don’t have the horsepower to do this on their own. JMHO. [I thought BGG had said from now to Dec 15th? When did it get moved to Jan 15th?] No – sorry. Some mis-communication – I said between now and Jan 15th was a very good window…quite honestly I feel like we really are in a good window. How wide – who can know for sure??
*** Current News ***
The time is right to apply the project to delete the three zeroes from the currency
Baghdad (news) .. Said economic expert Dargham Muhammad Ali, that the time is appropriate for the application of the current project to delete the three zeroes from the Iraqi currency, the fact that the dinar exchange rate relatively stable during the current period.
Mr Mohamed Ali (of the Agency news): that the exchange rate of the dinar against the dollar relatively stable more than ever and can be initiated by replacing the currency in this circumstance the existence of the cover of foreign exchange for local currency within the cash reserves of the central bank.
He continued to be a transitional period of not less than two years in which currencies are traded together and start an extensive promotional campaign for the new currency and its importance in the restructuring of the currency bloc in the Iraqi market and converted from Altrliunah figures to figures Alumblyaria.
He pointed out: that the new currency ‘demilitarized zeros’ is the best in terms of approach, with the dollar and is in compliance with Mndoma currency intervention in the region where all within the existing equivalent of the dollar and its derivatives from one decimal place.
He added that the central bank is linked to coordination with the governmental institutions and the private sector to encourage the promotion of the new currency in the market, such as incentives to accept and disburse and give discounts in some institutions of Msddan the new currency, which accelerates the transformation process has run smoothly and without the complexity and ensures no impact on the local market and the lack of inflationary shocks is calculated.
The management of the Iraqi Central Bank has ruled out the application of the current project to delete the three zeroes from the local currency in early 2014, despite the fact that the previous administration of the bank had set the date of implementation of the project early next year. / End / ARTICLE LINK
BGG - Wow – WOW – WOW!!
Raise zeros reflects the image of the development of the Iraqi economy
BAGHDAD / electronic integrity – A member of the parliamentary Economic Committee Abdul-Hussein Abtan said Tuesday that the “lifting of zeros from the Iraqi currency will not affect the economy, but it will reflect the evolution of the economy and the ability of Iraq cash.
Abtan told (the integrity of electronic) that “confirms the lifting of zeros clearer picture of the strength of the Iraqi economy and highlights the power of cash in the country.”
He explained that “the subject is very important and will improve the reality of cash,” noting that “we have 80 billion dollars in the central bank and not a true survival of the Iraqi currency,with bloc this large.”
He pointed out that “many countries have tended to support this procedure to the economy such as Turkey and Lebanon, calling for coordination with the government for the implementation of this strategic project.
The Iraqi Central Bank has announced that it will begin early next year to raise zeros from the Iraqi currency. ARTICLE LINK
Polls determine the next Prime Minister not foreign interventions
BAGHDAD / NINA / MP, of the Iraqiya coalition, Leqaa Wardi confirmed that “the Iraqi people, through the ballot box, will determine the next prime minister , not foreign interventions .”…
Iran received Muqtada al-Sadr: No income grant us a third term of the owners refusing to even notify you
Palm - denied Hussein Amir Abdul Allahaan, Assistant Foreign Minister of Iran, Arab affairs, regional, what was said by Mr. Muqtada al-Sadr, leader of the Sadrist movement informed him that Iran rejected the renewal of Nuri al-Maliki for a third term…
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Adopting smart cards in next elections to ensure transparency, success
BGG - This implies a number of things to me -
1) They aren’t using smart cards yet (I told you so)…
2) They don’t intend to until after the elections…
3) They are likely just saying this as an enticement to voters hoping to eventually get some financial relief.
Barzani concern of the continued absence of Jalal Talabani
Palm - revealed a source familiar with the invitation for the President of the Kurdistan region, Massoud Barzani, leader of the Patriotic Union of Kurdistan (PUK) to hold a meeting in Arbil next week, to discuss the issue of the collapse of the political situation due to the absence of President Jalal Talabani.
The source said that “Barzani phoned recently with the Second Deputy Secretary General of the Patriotic Union of Kurdistan, Barham Saleh, the second son of the President of the Republic Qubad Talabani, both in private in order to agree on a meeting bringing them together next week in Arbil to discuss the issue in absentia Talabani.”
The source pointed out that “Barzani gives this meeting of great importance to be regarded as the time passes without progress in the health of President Talabani, which worries regional president and his party of being on the agreement and the work of tacit arrangements political, security and strategic alliance with the PUK.”
The source confirmed that “Barzani on the lookout for large size differences between the members of the political bureau of the party Talabani fact that it is not in his favor, especially since the changes that you will get will affect the map of alliances between the party of power in the region,” likely to work this meeting to stop the state association made in regard inner of the two parties by the disease Talabani. ” ARTICLE LINK
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More Interesting Headlines…
A new scenario for the disappearance of Talabani speaks of “ery Clinic” in Berlin
Economists: The need to issue coins for small groups
Maliki’s party will continue to exploit the state in the election campaign and (others) will not be deterred by jail sentences (threats)!!
Iran giving up support of Maliki in third term – Head of Sadr Trend, Muqtada al-Sadr
Najaf (IraqiNews.com) - The Head of Sadr Trend, Muqtada al-Sadr, reveled that Iran informed him not to support The Prime Minister, Nouri al-Maliki, to rule a third term as a Premier.Sadr said answering a question for his followers regarding communication conducted by Maliki to Iran and some religious authorities to convince Sadr of supporting him in the third term saying that ”The Republic of Iran informed me that it will not support a third term of Maliki and most of religious authorities do not intervene is such issues.”…
Chihod: Maliki exposed to campaigns and determine how his visit to Iran to unrelated third state
Baghdad (news) .. Ruled MP Mohammed Chihod state law, to be the visit of Prime Minister Nuri al-Maliki expected to customized Iran for Tehran’s support for winning a third term, explaining that many of the opponents are trying to topple al-Maliki in various ways…
*** Dinar No Spin Zone *** Dec 6th
Washington’s Lack of Policy on the Kurds
By DAVID ROMANO
For some time now, Washington’s policy on the Kurds has seemed hard to follow. It should be obvious to even the lowliest State Department student intern that the United States has a better, more solid potential ally in the Iraqi Kurds than in Baghdad. In Iran, Kurdish opposition groups offer a ready lever against Teheran. In Syria, the Kurds offer the Americans the only armed force with both a proven track record fighting jihadis and a stance in opposition to the Assad regime. As a whole, the Kurds appear to be the most pro-American, Western-oriented and secular group of any significant size in the Middle East.
Yet somehow Washington fails time and time again to get too close to the region’s approximately 30 million Kurds. We used to blame Turkey for America’s refusal to support Kurdish self-determination. That argument no longer explains much, however, now that Ankara itself cozies up to the Iraqi Kurds. Remarkably, Turkey opened its consulate in Erbil months before the United States did. Turkey is signing independent oil and gas deals with the Kurdistan Regional Government of Iraq (KRG) while Washington and Baghdad protest the “violation of Iraqi sovereignty.” Exxon, Chevron and other American oil companies sign deals with the KRG, and Washington insists that it can only tolerate such arrangements if Baghdad’s consent for them is secured.
Has the world gone mad, or is it just the diplomats in Washington that have taken leave of their senses? In trying to understand the American’s position, I asked colleagues, KRG leaders, Turks and whomever else I came across for explanations. The responses I received touched on a number of factors, none of which satisfied me. “The Americans have lots of Arabists but almost no one who understands the Kurds,” a KRG leader said to me. “Americans only understand their brand of fairly centralized federalism,” a Canadian friend told me. “The ‘experts’ and advisors they go to for advice are mostly anti-Kurdish,” a Kurdish friend said. “All Washington wants is stability in the region, and they think Kurdish self-determination will destabilize things,” a colleague pointed out. “They are simply clueless in Washington,” a family member insisted to me.
Washington fails time and time again to get too close to the region’s approximately 30 million Kurds. We used to blame Turkey for America’s refusal to support Kurdish self-determination. That argument no longer explains much, however, now that Ankara itself cozies up to the Iraqi Kurds.
Perhaps there is a bit of truth in all the responses I heard. I cannot imagine that Washington is so overrun with Arabists that the country can no longer recognize its own self-interests, however, and I think there are plenty of experts in comparative federalism available in America. I know that the U.S. government regularly solicits advice from a variety of experts as well, although I can’t say whether or not they automatically assume that the “anti-Kurdish” ones are somehow objective or more credible. If Washington wants stability in the Middle East, I would also expect them to attach a higher priority to allowing the Kurds in all parts of Kurdistan the rights they were so long denied – which one would think was the point of over two dozen major Kurdish revolts after World War One in Turkey, Iran, Iraq and now Syria.
Finally, an article in The National Interest caught my attention and leads me to a variant of the ‘clueless’ explanation. In “The Rise of Greater Kurdistan,” Ted Carpenter writes:
U.S. officials, on the other hand, are acting like deer caught in the headlights. There are few signs of a coherent policy, despite growing evidence that the “Kurdish question” is becoming an ever more prominent and potentially disruptive factor. Washington officially continues to support the regime in Baghdad as the legitimate government of all Iraq, even as that government exercises no meaningful authority over the Kurdish north. The Obama administration professes to share Ankara’s commitment to Syria’s territorial integrity and sovereignty, even as the country fractures and the Kurdish region in the northeast moves rapidly toward de facto independence.
Perhaps there is no coherent U.S. policy because President Obama has failed to come up with one. Busy with other priorities, the “big thinker” in the White House has yet to give his diplomats any new orders vis-à-vis the Kurdish issue. Otherwise capable and savvy diplomats then become the “deer caught in the headlights.” Lacking a top-level reappraisal of policy, cautious diplomats insist on remaining more Catholic than the Pope – even while Turkish policy opens up and shifts gears (a bit like Pope Francis is doing, perhaps, but that’s another story). Although we know he seems quite fond of unmanned aerial vehicles, Mr. Obama should stop turning his diplomats into the drones of state sovereignty and “respect for central government authority.” It’s time to change the State Department’s standard operating procedures on the issue.