Dinar Daily NEWS Blog

Hello Updaters!! - I hope you enjoy this Blog!!

A very special thanks to all our members, MODS, VIP’s, Copy Cats and researchers at 


4.8 Million views and counting!!


Another – DO NOT MISS Call

from Oct 9th w/BGG


Smart phone user link – Click here


Word for the day…

Psalm 5:11 (NKJV)

11 But let all those rejoice who put their trust in You;
Let them ever shout for joy, because You defend them;
Let those also who love Your name
Be joyful in You.

Heavenly Father, we are joyful in You!  We love Your Name! We rejoice in You! We  trust in You :) Thank You for defending us. In Jesus Name, Amen.



tman23 - Barzani demands to transfer economic power from the public to the private sector which will move against political instability…and the conversation leading to Kurdistan in the REMOVAL of the 3 zeros before the end of the year…I was told this is one of the Kurds conditions to participate in Iraq government…The ESX plans on opening “by years end” and they will not open dealing in IQD and 3 zeros.

Read More: http://dinarupdates.com/observer/




*** Current News ***

Tune in for our Round Table Chat w/Millionday @ 1:00PM EST – today (10/20) in the DU Chat Room!!

Read More: http://www.dinarupdates.com/

For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…


Economic parliamentary confirms the deletion of zeros from the Iraqi currency next year

BAGHDAD / Source News / .. confirmed the parliamentary Economic Committee, Monday, that the deletion of zeros from the currency will be next year.
According to committee member Abdul Salam al-Maliki in a press statement that “the deletion of zeros from the dinar will be next year after reaching Central Bank reserves 76 billion dollars in addition to 24 billion dollars in the Fund / EDF Ai / As exceed the ceiling of the currency Almtdoualh in the domestic market 40 trillion dinars. ”

For his part, said committee member Jawad al-Bolani said “the Committee today hosted the Governor of the Central Bank of the relationship and discussed with him topics to combat money laundering crimes and develop the work of private banks in addition to the volume of assets traded for mass cash charge by the central bank as well as bills to the central bank and banks and money laundering.” Finished / 19


BGG ~ First – before everyone starts “claiming” they know what this piece means – bad or good… we need to ask a few legitimate questions… and examine the “back drop” of the piece.

1) Does this mean they will start the program next year? Or it will be finished in 2015? Two very different pictures. For them to get the zeros “fully deleted” (as in extracted) from the market place by 2015 – they have to start very soon.

2) This comes immediately after the Economic committee “hosted” the interim CBI Gov in Parliament (for questioning)…

3) The news is generally being “leaked” by Abdul Salam al-Maliki – Nouri al-Maliki’s cousin from the National Alliance – this would not be the first time “news” has been leaked by various committee members – to be proven “tweaked” to their own ends. Seems VERY curious THE SAME DAY they finish the “questioning” of the CBI – Abdul Salam comes out with this…

4) I find the “40 Trillion Dinar” in circulation (or in excess of) number a litte curious. On one hand, it is a far less number than has been used by the perennial boo-birds have used to discredit the investment. On the other hand, I am still not sure they didn’t throw this out as an illustration or misdirection. I don’t think the real number is this high. Something doesn’t add up for me…

More to follow…

Central Bank Governor after parliament is hosted coordination with parliamentary committees is a good step

{Baghdad: Euphrates News} counting the central bank governor Ali Mohsen al-Alak, Monday, coordination with the Committee on the economy and investment representative is a good step.

He said Alak told {Euphrates News} that “a committee of economy and investment parliamentary hosting us today to discuss the progress of work at the Central Bank and indicators that can be rest assured Iraq in monetary and fiscal policy.”

“I’ve answered many of the questions relating to the functioning of the central bank and check on the size of reserves in management and in addition to the exchange rates and topics of interest to the Economic Committee and is considered a good step for coordination between the central bank and the relevant committees in the Parliament and the Commission” Ended m


Live DU Call… w/BGG

Oct 18th – 8:30pm CST

Smart phone user link – Click here

Zebari: I will work on the adoption of the budget in 2014

BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - Finance Minister Hoshyar Zebari, he would work to expedite the completion of the budget in 2014 and sent to the Cabinet for approval, pointing out that the time has come to start work after the completion of the government of Prime Minister Haider al-Abadi.

And between Zebari, after having been granted the trust’s (IMN), that “the financial and economic situation of the country is the basis of any government that wants to work for the Advancement of Balbla, so we will work together on the adoption of the budget.”

He continued that “we will work to complete the preparation of the budget in 2015, after the adoption of the budget for the current year, in order to prevent delays in the budget next year.”

And the granting of the House of Representatives in session on Saturday, the confidence of the Finance Minister Hoshyar Zebari.


Follow us on twitter @DinarUpdates !!

Stop in for “NEWS TIME” with Millionday - Monday evening on CHAT at 7:30pm EST!!

www.DinarUpdates.com - save as favorite!!

Who is the new Defense Minister Khaled al-Obeidi?

BAGHDAD / obelisk: publishes “obelisk” a biography of the new Defense Minister Khaled al-Obeidi, as contained in his personal account on the social networking site “Facebook”. According to the Post, published by al-Obeidi as follows:.

Dr. Khalid tired Yassin al-Obeidi Biography Dr. Khalid tired Yassin al-Obeidi Born in the city of Mosul He completed his junior high east of the academic year 1977 – 1978

Former Labour: an officer in the Iraqi army

Previous work: professor

Current work: deputy in the Iraqi parliament

Degrees: 1.magester Engineering / 1984 2.magester Military Science / 1998 3.canutourah Political Science / 2011

Languages ​​fluently 1. Arabic 2 English language 3 Russian language 4. Serbian language

1.bad I finished junior high in 1977-1978 traveled directly to the study of engineering / engineering competence of the aircraft in the air at the Engineering Academy of Yugoslavian and got a bachelor’s degree in 1982 and then completed my graduate studies at the University of Belgrade in the Yugoslavian and got a master’s degree in space science engineering competence / aerodynamics 1984

2.bad I finished my graduate studies in 1984 I went back to Iraq and worked in the Air Force in the field of specialist engineering structures and aircraft turbine engines until the end of my service in 2003

3.harki in all qualifying sessions inside and outside Iraq in the field of mechanical engineering, which inadvertently prepared to work in the Air Force from 1985 to 1986

4. joined the cycle Joint Chiefs of Staff College in 1996 and Iraq after the completion of the study of them got a master’s degree / Military Sciences in 1998 and was the first serial session

5.fa in 2007 has been re-appointed to the king and the Ministry of Higher Education / Technical Education Authority / Technical Institute connector



Tune in for LIVE DU Call

W/BGG – from Oct 16th

Smart phone user link – Click here

Massoud Barzani to visit Baghdad

The President of Kurdistan Region Massoud Barzani is due to make an official visit to Baghdad, a member form Barzani-led KDP in Iraqi parliament said.

Najiba Najib told al-Sumeriya news that oil tensions between Erbil and Baghdad are to be solved and Erbil is ready to end its disputes with Baghdad and Barzani is very likely to make a visit to Iraqi capital soon.

She went on to say that Barzani would lead a high ranking delegation to discuss with central government officials the Iraqi 2014 budget as well as the Article 140 that is to decide the fate of the so-called disputed regions that both Baghdad and Erbil claim authority over them.



Check out the Dinar Corp 120+Max – it’s EQUITY!!

Commercial Solicitation


Iraq lawmakers approve new interior, defense ministers

BAGHDAD – Iraqi lawmakers approved Prime Minister Haider al-Abadi’s nominees for the remaining posts in his government Saturday, including the critical posts of defense and interior ministers amid the fight against the extremist Islamic State group.

Control over the two powerful security ministries has long been a source of tension among Iraq’s feuding political factions. The U.S. and other countries have been pushing for a more representative government that can reach out to Sunnis, who felt marginalized by former Iraqi Prime Minister Nouri al-Maliki. Sunni discontent is widely seen as having fueled the Islamic State extremist group’s dramatic advances in Iraq since June.

On Saturday, lawmakers approved Mohammed Salem al-Ghabban, a Shiite lawmaker with al-Abadi’s State of Law political bloc, as Iraq’s new minister of interior. Khaled al-Obeidi, a Sunni lawmaker from the besieged city of Mosul, was selected for the post of defense minister. Hoshyar Zebari, a Kurdish politician and Iraq’s long-serving foreign minister, was named minister of finance, having previously been voted in as deputy prime minister.

Lawmakers approved most of al-Abadi’s Cabinet on Sept. 8 and officially voted him in as prime minister, bringing a formal end to al-Maliki’s eight-year rule, but al-Abadi requested a delay in naming defense and interior ministers because lawmakers had not agreed on his proposed candidates.

On Sept. 16, al-Abadi put forward Sunni lawmaker Jaber al-Jabberi as his candidate for defense minister and Shiite lawmaker Riyad Ghareeb as his pick for interior minister, but both were rejected by parliament.

Al-Maliki held both the defense and interior minister posts himself after his re-election in 2010 because lawmakers could not reach an agreement on them. That fueled concerns that he was monopolizing power.

Other posts named Saturday included the role of minister of tourism, given to Shiite lawmaker Adel Fahd al-Shirshab, and the head of the women’s ministry was named as Kurdish lawmaker Bayan Nouri.



Iraqi Dinar/Dollar auction 10-20-14

Currency Auctions Announcement No. (2795)

This daily currency auction was held in the Central Bank of Iraq on the 20-Oct-2014

The results were as follows:

25k-Iraqi-Dinar-200x96DETAILS                                                              NOTES
Number of banks                                                 18
Auction price selling dinar / US$                    1166
Amount sold at auction price (US$)                231,723,000
Total offers for buying (US$)                            231,723,000

Read More: http://dinarupdates.com/observer/

Free Block: Federal Court is still under the influence of Al-Maliki uncertified legislation laws

Baghdad/Iraq News Network - free parliamentary bloc Chief Zia Al-Assadi, “the decision of the Federal Court’s decision but that the legislation unconstitutional and faulty understanding of Division of powers.”

the al-Asadi said “the Federal Court/by system/court returns decisions in case of disputes between the two authorities to decide either that the Court exercises the role of legislator, this too.”…


Economic parliamentary quest to confirm the deletion of zeros from currency

BAGHDAD / Center Brief for the Iraqi Media Network (IMN) confirmed member of the parliamentary Economic Committee Najiba Najib Monday, the pursuit of its implementation of the project to delete the zeros from the currency. Pointing to the existence of some of the obstacles that have prevented it.

She said Najib’s (IMN) “The Paradise will host the central bank governor to learn practical steps for the implementation of the project to delete the zeros from the currency and in coordination with the Central Bank to determine the most prominent problems that hindered the implementation of the project.”

She added that “the project is still subject to extensive studies of the briefing in all its details.” The Commission asked for Alaqsad and investment representative, earlier,

…the central bank need(s) to begin the process of deletion of zeros from the currency to raise its monetary value.


BGG ~ Of course, I highlighted this “coming event” prior to “The Feast”…  and here we are. The CBI wants to know the same thing you do – What’s taking so long??

More interesting Headlines…

Abadi announces setting regulations to join security forces

Baghdad (AIN) – The Premier, Haider al-Abadi, stated that there will be new regulations for joining the security forces.

After voting on the security ministers during the parliament session of Saturday, Abadi said “We intend to form a new organization to control the recently freed areas in Iraq and we will set new regulations for joining the security forces,” rejecting “Holding the weapons by any side except the security forces and the volunteers under the control of the Iraqi government.”…


Urgent .. Jubouri: the budget law is important and we expect the government sent to parliament

[Baghdad-where] Said House Speaker Salim al-Jubouri, said on Sunday that the financial budget is important and we expect the government sent to parliament.

He said al-Jubouri, during a press conference that “the budget as a bill is not included in Parliament and sent to wait by the government…


SRSG Mladenov welcomes completion of Iraqi Government formation process

Baghdad (AIN) - The Special Representative of the United Nations Secretary-General for Iraq (SRSG), Mr. Nickolay Mladenov welcomes the agreement reached today to fill and approve the remaining vacant posts of Interior, Defence, Tourism, Immigration, and Women’s affairs ministers, as well as the posts of Deputy Prime Minister, Minister of State, Culture and Finance, and the taking oath of the Kurdistan Alliance ministers.

A statement by the United Assistance Mission for Iraq (UNAMI) received by AIN quoted Mladenov, as saying “This is another important step towards bringing the country together”, acknowledging that “I encourage the government to swiftly move forward on addressing the security, economic, social and political challenges that Iraq faces”, he added, underlining that “as a matter of priority the government should present a budget proposal that addresses the concerns of all Iraqis, including those of the Kurdistan Region”.

Mr. Mladenov further stated that “the Government and the people of Iraq today enjoy the support of the international community in their fight against ISIL”, and reaffirmed that “the United Nations will continue to support Iraq in building a democratic and inclusive state in which the rights of all Iraqis are respected”.


“This is another important step towards bringing the country together”…..

“This is another important step towards bringing the country together”…..

“This is another important step towards bringing the country together”…..


Additional Ministers Approved for the Iraq Cabinet

by Reidar Visser

After a month of wrangling and indecision that extended into the Eid al-Adha holiday, new Iraq Prime Minister Haydar al-Abbadi today succeeded in winning approval for new ministers in his government, including most importantly ministers for defence and interior.

It makes sense to start with the choice of ministers for interior and defence. These important posts were a stumbling block for Maliki’s two cabinets. In 2006, they took a month extra to decide, whereas in 2010 they weren’t decided by parliament at all, as Maliki continued to control them himself or through acting protegées. This time, the candidate for minister of interior, in particular, had caused controversy. For a long time the frontrunner was Hadi al-Ameri, a militia figure from the Badr organization with particularly close ties to the Iranians, whose candidacy caused uproar among many Sunni MPs who remain critical of his conduct during the previous sectarian crisis period of 2005-2007.

Today, Ameri gave way to Muhammad Salim al-Ghabban, who shares his Badr background but possibly is seen as less toxic to non-Shiite MPs simply because he is younger and has less baggage than Ameri.

For his part, Khaled al-Obeidi who is the new defence minister, had been a candidate back in 2010 as well, when he was nominated by Iraqiyya but quickly was criticized for having moved too close to Maliki. Maybe that sort of person – a Sunni with ties in both sectarian camps – is the best Iraq could hope for in a time when urgent work needs to be done to reorganize the Iraqi army and make it more resilient against the Islamic State terror organization.

Both ministers achieved more than acceptable levels of backing by MPs, with Yes votes from the 261 MPs present reported at 173 (Obeidi) and 197 (Ghabban), which is considerably more than what many other ministers got back in September.

As for the Kurdish ministers, it was probably wise of Abbadi to have them approved before parliament in the same batch as the others. The vote on those ministers include some new portfolios that were not voted on back in September (altogether five: migration, tourism, culture, women, and a minister for state), as well as reshuffling two key portfolios whose allocation to individual Kurdish ministers by Abbadi was not to the liking of the Kurdish political parties themselves: Rosch Shaways thereby continues to serve as deputy prime minister, and foreign minister Hosyar Zebari becomes minister of finance.

The vote in the Iraqi parliament today makes the Abbadi cabinet more complete. It maintains differences from the cabinet of his predecessor Maliki in at least two important structural aspects: It has got security ministries approved by the Iraqi parliament with solid backing, and it remains significantly slimmer, with less than 30 ministers (out of the 9 ministers approved today, 2 referred to the reshuffling of ministries already allocated). Moreover there are few “empty” ministries of state with no other purpose than placating particular party interests. Kurds have improved their representation in the cabinet significantly, and the alignment of personnel to ministries is also more in harmony with the wishes of the Kurdish parties.

It can be said that through these additions, the Iraqi parliament has realistically done what it can in the short term to help the Iraqi cabinet achieve a more solid platform for its battle against ISIS. Major legislative acts such as de-Baathification reform, a senate law, and an oil and gas law, will continue to remain on the agenda for a long time, probably with no realistic prospects for early solution. But it will now be the job of the cabinet new security ministers, above all, to lead the Iraqi effort in combating the challenge of the Islamic State on the ground in Iraq. To the extent that there is a remaining parliamentary role in the short term, it relates to approval of a draft law for so-called “national guard” units that may be formed to supplement the Iraqi army, particularly in Sunni-majority provinces.


Iraqi lawmakers approved Prime Minister Haider al-Abadi’s remaining Cabinet nominees on Saturday, including for the critical defense and interior portfolios, completing the formation of a government that will strive to push the Islamic State extremist group out of the sprawling territory it has seized in recent months.

Control over the two powerful security ministries has long been a source of tension among Iraq’s feuding political factions. The U.S. and other allies have been pushing for a more representative government that can reach out to Sunnis, who felt marginalized by former Iraqi Prime Minister Nouri al-Maliki. Sunni discontent is widely seen as having fueled the IS group’s dramatic advances in Iraq since June, when it captured the country’s second largest city Mosul.

Khaled al-Obeidi, a Sunni lawmaker from Mosul, was selected for the post of defense minister, by a vote of 175-85. He had served as an officer in Saddam Hussein’s military and holds a PhD in political science.

Mohammed Salem al-Ghabban, a Shiite lawmaker with al-Abadi’s State of Law political bloc, was approved as minister of interior by a 197-63 vote. He holds degrees from universities in both Tehran and London and he is currently pursuing a PhD in political science in Baghdad. He was a long-time opponent of Saddam and was detained in 1979.

Hoshyar Zebari, a Kurdish politician and Iraq’s long-serving foreign minister, was named minister of finance, having previously been voted in as deputy prime minister. Shiite lawmaker Adel Fahd al-Shirshab was named tourism minister, and Kurdish lawmaker Bayan Nouri was appointed minister of women’s affairs.

Iraq is facing its worst crisis since the 2011 withdrawal of U.S. troops, with the Islamic State group in control of about a third of the country.

Iraq’s U.S.-trained and equipped armed forces collapsed in the face of the militants’ advance, abandoning heavy weapons that the extremist group is now using in battles across both Iraq and Syria.

Many have blamed the army’s poor performance on al-Maliki, saying he replaced top officers with inexperienced or incompetent political allies in order to monopolize power. From 2010 until his resignation in August, al-Maliki had held both the interior and defense portfolios, in part because lawmakers could not agree on nominees for them.

The U.S. began launching airstrikes against the Islamic State group in August and along with Western allies has provided aid to Iraqi forces and Kurds fighting in the north. But Washington has repeatedly called on Baghdad to reach out to the Sunni and Kurdish minorities, saying only a unified Iraqi government can defeat the extremists.

U.S. Secretary of State John Kerry called the completion of the Iraqi government a “very positive step forward.”

“These were critical positions to be filled in order to assist with the organizing effort with respect to ISIL,” Kerry told reporters in Boston on Saturday.

The State Department praised the move in a statement, saying the ministers “represent the diversity of Iraq, and complete an inclusive Cabinet.”

Vice President Joe Biden congratulated al-Abadi “on the selection and approval” of the seven new Cabinet ministers in a telephone call Saturday. Biden’s office said the two discussed steps “to rebuild Iraq’s security forces and enlist all of Iraq’s communities in the fight” against the Islamic State group.

Iraqi lawmakers expressed hope that the new government would help boost morale among troops in the field.

“I think that the security situation will improve after the selection of the two ministers, because now troops know that when they fight, the whole country and all the political blocs are supporting them,” said Rsoul Radhi, a Shiite lawmaker from al-Abadi’s bloc.

“All security and political efforts should now be directed toward retaking the territories held by Daesh,” he added, using an Arabic acronym for the Islamic State group.

Lawmakers approved most of al-Abadi’s Cabinet on Sept. 8 and officially voted him in as prime minister, bringing a formal end to al-Maliki’s eight-year rule, but al-Abadi requested a delay in naming defense and interior ministers because lawmakers had not agreed on his proposed candidates. Candidates put forward on Sept. 16 were rejected by parliament.

“Security issues should now be the priority for Iraqi officials and politicians who showed today they are aware that political wrangling will lead the country nowhere,” said Kurdish lawmaker Perwan Muslih. “All efforts should be directed toward the common enemy.”

Later on Saturday, a car bomb exploded near a cafe just south of Baghdad, killing four people and wounding 14 others. Another bomb near a small restaurant in Baghdad’s western district of Ghazaliyah killed three people and wounded 16 others.

In the town of Mahmoudiya, some 30 kilometers (20 miles) south of Baghdad, a car bomb exploded on a commercial street, killing four people and wounding 16 others, said police.

Hospital officials confirmed the casualties. All officials spoke on condition of anonymity because they were not authorized to talk to the media.

Associated Press writer Sameer N. Yacoub in Baghdad and Matthew Lee in Boston contributed to this report.


If you found this blog, our website or chats helpful – Forward it to a friend!! We couldn’t do it without you!! Thanks – BGG!!


Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , | Leave a comment