Dinar Daily NEWS Blog – Feb. 24th

Thus Abadi agreed with Moqtada al – Sadr to oust Maliki


By: Ahmad Tahan – Notably the course of political events in Iraq find very clearly that there is a clear political agreements between the Iraqi Prime Minister Haider al-Abadi and between Muqtada al-Sadr indicate very clearly to the establishment of a new political entity in the near future have indicated a Lebanese newspapers for that matter a few days ago but did not take excessive detail in depth, of course, this alliance between Muqtada al-Sadr and al-Abadi primary goal is to eliminate Maliki’s coalition and reduce its influence and this thing is on two axes, namely:

The first axis lying on the responsibility of Moqtada al-Sadr is demanding a change in the election law, as well as members of the Commission because Maliki is the sole beneficiary of them and they remained will re-Maliki personally or through his coalition to power again, so it resorted Moqtada al-Sadr and the agreement with al-Abadi to demand Ptgierhma and made them popular demand, the notes on the demonstrations it did not target anyone Abadi and even letters of Muqtada al-Sadr when he mentions Abadi, where he reminds him in (the brother) and have words with him Lena tolerant, of course, this is part of the agreement so that there will be a public demands not targeting anyone Abadi.

The second axis which is the responsibility of al-Abadi, where is the formation of a new political party dissident Dawa Party, on the one hand and on the other hand is to support the demonstrations Moqtada al-Sadr Balkhvah, and what happened from breaches in the previous demonstrations were outside the expected terms of surprise each of Muqtada al-Sadr and al-Abadi out and this accused al-Maliki Ban has a hand where even though he did not have any hands but is international parties wanted the heart of things in Baghdad in order to create chaos reduce breaks Daesh, and therefore faster Moqtada al-Sadr acquittal of those who fired rockets into the green and scalable Abadi denied the involvement of the security forces of killing protesters.

Thus, coordination between al-Abadi and Muqtada al-Sadr, a new political entity will – will appear as the two sides are expected – oust al-Maliki and his coalition but did Alfa to Maliki is an influential figure and pervasive in the joints of the state and have a broad impact, even changed the election law and the Commission, it will not affect the coalition Maliki even and that after it impact will not be so large that up to the stage to overthrow him politically, and the remaining Mrahenthma all the support they would receive it from the new US administration may think it Stdamanma against al-Maliki will put them at the forefront of the political scene and that, as they say (Asham Satan in Paradise).

Read More: http://www.dinarupdates.com/showthread.php?46856-Thus-Abadi-agreed-with-Moqtada-al-Sadr-to-oust-Maliki

The truth of a statement and the believability of that same statement are unrelated. – Will Spencer

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Loop (Dinar Guru) –   Article quotes:   “Since more than four years and officials in Iraq are talking about a project monetary reform in which to raise the Iraqi currency exchange rate against the dollar so that the new dinar equals 1.2 dinars to the dollar instead of 1200.” “But the move was postponed to a later date due to the exit of some Iraqi areas under government control after the occupation of «Daesh» her. Then the military operations began to recover these areas which still exist. The government is expected to return to the project itself after the end of military operations.”   “The price of the Iraqi dinar former (US $ 3.2) was exaggerated and will continue to be overrated if has to return to it in the future. It will make imports cheaper, but it hinders improvement of production and export capacity of Iraq, may be the price of 1.2 dinars to the dollar or dinar against the dollar is a good price.”  So this economist is saying that while 3.2 dollars per dinar (Old rate) would make imports much cheaper it would cause exports to be expensive.   [post 1 of 2….stay tuned]

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

Abadi condemning al-Maliki in the fall of Mosul

East News – Maliki was sentenced fateful and disastrous in all specifications. Iraq has tasted the scourge and calamities for eight years in lean times Kalhandal, wherein deepened the rift and dissent and the wounds between the people and factions , components, and they took control of hatred, hostility and hatred welcomed the seeds of revenge.

The corruption and financial looting came to the brink of bankruptcy treasury Iraq, testified golden age in the robbery and banditry, and its Tcatherat plays Althregih irony and comedy, prepared its advance, production and directing will come with the escape of hundreds of prisoners, criminals , terrorists murderers from prison, and his covenant fateful escalated the language of intolerance and arrogance and arrogance, even dealing political stupidity reckless, WAM Great misfortunes represented the fall of Mosul, not confrontational war, but in the receipt by hand to organize Daesh terrorist, leaving the fate of more than two million citizens in the brink of danger and death and slaughter, and then continue the series of calamities followed the fall of the three other provinces which (Anbar, Salahuddin and Diyala).

I shook the disaster , the fall of Mosul , the Iraqi public and the Arab world, this form of shame humiliating and humbling to Iraq, but under the officials involved and emitters fall of Mosul, are free to have influence and power and money and great place, if nothing had happened, not worth questioning and the question, as if thousands of blood went in vain and especially the Shiite blood, does not deserve accountability and punishment and trial, because it is cheap and blood surplus to need, and so to Gmtt and Tmtmt and cover – up the issue of crime fall of Mosul, it was a thing of the creations of the imagination, of the enemies of al – Maliki, but Mr. Abadi told shoveled revealed pant irrefutable truth that everyone knows and wrote much about it , you remove the cover and falsehood , which argues it al – Maliki and his service and his servants mercenaries hired as the face of al – Abadi fingered condemnation and denunciation to al – Maliki, the full responsibility in the fall of Mosul and have him and asked that he (did not understand why he had given orders that day, Iraqi Prime Minister Nuri al – Maliki, three teams from the Iraqi army to withdraw from Mosul , and to come to Baghdad), adding that he (is terrible what he did Nuri al – Maliki, in this regard the military order wrong, which made the Iraqi army, losing the main northern city of Mosul and its airport and the entire province) which mentions the three teams represent 60 thousand soldier, came to them orders to withdraw, leaving their equipment and heavy Alalyatem with ammunition, pulled in front of a few hundred elements Daesh terrorist, before their arrival to the province of Mosul, it was a prepared full coordination in the receipt and delivery of the province, even without confronting a comic play simple, smokescreen , major catastrophe, that these heavy weapons and ammunition, cost the Iraqi state the amount of $ 12 billion, adding that he was a financial deposit at the central bank in Mosul at about $ 500 million, excluding other material losses, which do not compensate.

Add to ruin the great mass after the occupation, as well as the brutal bloody massacres that followed the occupation of Mosul and other areas, as well as the bloodshed of thousands of young Shiite recruits, did not consider this bloody crime, a crime against Iraq? Pain is considered as a national treason? .

Why minted law and the judiciary, the government and the parliament in front of these atrocities vessels, this form of shameful disgrace and humiliation?!

Who is responsible and that causes bloody massacres that followed the fall of Mosul and three provinces (Anbar, Salahuddin and Diyala)?

Who is responsible for the devastation and destruction and the displacement of more than a million people from their homes?

Why the law was not enforced against those criminals who sold cheaply to Iraq Daesh terrorist organization?

Where is the role and responsibility of the Commander in Chief of the Armed Forces, in this full military collapse?

Why not be charged with treason Great Patriotic?

For the dignity of Iraq , which trampled in the foot and dirt !! .oma Death reneging on NATO and the department and the right, which is divided by Nuri al – Maliki himself, upon receipt of the post of prime minister, to preserve the interests of the people and the sovereignty of the nation and its land and its people? Then sell this form of shameful disgrace disgraceful, and this vile, wretched, or whether the people of Iraq do not deserve life, because they are surplus to the needs, the original dwelling graves and death.

Read More: http://www.dinarupdates.com/showthread.php?46873-Abadi-condemning-al-Maliki-in-the-fall-of-Mosul

Iraqi Dinar/Dollar auction 02-23-17 (most recent listing)

Currency Auctions Announcement No. 3388

This daily currency auction was held in the Central Bank of Iraq on the 02-23-2017

The results were as follows:

DETAILS NOTES
Number of banks 35
Number of remittance companies 13
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 164,465,069
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 164,465,069
Total offers for selling (US$) —–

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

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Loop (Dinar Guru) –   His opinion is that .83333 cents to the dollar would be more managable.  [So the exchange rate would be 1/.83 = $1.20.  1 divided by .83…In USD]   This is where they feel they can defend (support) the rate based on their current economic capacity. This will increase over time has they economy grows.  Remember that this is one persons opinion. What is so very encouraging is that this really shows that the expectation is a marked increase in value, which is very positive for this investment.  Mr White made an excellent point…about them not having much to export, other than oil that is. The price of oil is fixed in the world markets and is traded in petro dollars so oil would not be effected by the increased dinar value. For the rest the GOI can always do what we do in the USA. What I am referring to is subsidizing the exports to bring the price down. This ensures that industries flourish while keeping the costs of exports low.  [post 2 of 2]

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

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Pentagon ditches onerous rules of engagement, gives Mosul troops quicker firepower access

By Douglas Ernst – The Washington Times – Iraqi forces and U.S. coalition troops are no longer burdened by strict rules of engagement, which some say have turned firepower requests into bureaucratic nightmares.

U.S. Army Lt. Col. James Browning, commander of 2nd Battalion, 508th Parachute Infantry Regiment, 2nd Brigade Combat Team, 82nd Airborne Division, recently spoke with reporters about a Dec. 26 directive that streamlined the process of delivering aid. The order, attributed to U.S. Army Lt. Gen. Stephen Townsend, was confirmed on Thursday by Air Force Col. John Dorrian, the U.S.-led coalition’s spokesman.

“It changed the relationship [between forces],” Lt. Col. Browning told The Associated Press about increased flexibility on the battlefield. “It gives me a better understanding of how I can bring to bear the limited capabilities I have.”

The new rules, which were supplemented with more directives weeks ago, allow U.S. personnel to better assist — physically and logistically — the Iraqi army’s 9th Division. Advisers are increasingly embedded with Iraqis and they can avoid cumbersome requests through a joint command center.
“[We previously] would have gone through a whole bureaucracy and through Baghdad,” the officer told AP by phone.

Military operations to dislodge the Islamic State group from Iraq’s second-largest city have seen a string of success in recent weeks. The eastern half of the city is under the control of coalition forces and its airport in the west was recaptured on Thursday.

Read More: http://www.dinarupdates.com/showthread.php?46872-Pentagon-ditches-onerous-rules-of-engagement-gives-Mosul-troops-quicker-firepower-ac

Loop (Dinar Guru) –   Article:  “Parliamentary oil suggest the presence of 300 billion barrels of undiscovered”  Quote:  “...said the oil profanity by Mehdi al-Hafez, Tuesday, that there is a plan of action will begin to explore more than 300 billion barrels of oil, Iraq added to the reserve.”  If Hafiz is correct Iraq will have the largest reserves in the world.  What we do know for sure is that they just add 10 billion to their reserves last week.  Iraq is currently 5th in the world as far as oil reserves go. Much of their country has yet to be explored for oil. I would be surprised if they do not find much more.

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

US Secretary of State for Ebadi by telephone: We seek to return Iraq to normal

[Oan- Baghdad] – US Secretary of State Rex Tillerson said in a telephone conversation with Prime Minister Haider al – Abadi, that the United States was “seeking to return Iraq to its natural state.”

A statement by the prime minister ‘s office received by all of Iraq [where] a copy of it, that “During the call , they discussed strengthening relations between the two countries in all fields and workflow to edit the right side of the process of Mosul and international support for Iraq in the fight against terrorism and restore stability liberated and the situation areas in the region.”

Tillerson said “his country ‘s support for Iraq in its war against terrorism and in restoring stability, praising the role of Iraqi forces , which have evolved significantly since the model conduct of the war in Iraq can be successful and take advantage of it by the rest of the countries.” He said , “There are great efforts made by the Iraqi government for the unity of Iraqis and this will lead to a process of long – term stability in Iraq . ” He said Tillerson . “We are trying to bring Iraq to its natural state and are ready to support him in the construction process, stability and emphasize our partnership with him.”

As Abbadi said that ” to edit the right side of the process it is going faster than planned , despite difficult as our strategy is to maintain the civilians.”

“The people of Iraq from north to south are fighting Daesh and liberate the occupied valuing international support for Iraq in its war against terrorism.”

Read More: http://www.dinarupdates.com/showthread.php?46831-US-Secretary-of-State-for-Ebadi-by-telephone-We-seek-to-return-Iraq-to-normal&p=170137#post170137

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The following .PDF is the review by RCookie of the IMF board’s publishing of Iraq’s SBA (excellent info) – He would have wanted you all to have it.. posting the whole .PDF was the only way to get it on here. Enjoy. BGG

SBA 2016 RECAP

Robert Cook  CSW  CSS  CBP  CST  CTC

Iraq:

If you could find some way to convince folks to at least skim through this document, they would be amazed. The moves Abadi has been making the last few months – kind of sense now. There is some outstanding information here.

DayTrader

IMF EXECUTIVE BOARD COMPLETES FIRST REVIEW IRAQ’S STAND-BY ARRANGEMENT (45 pages…)

12162016

THIS REPORT WAS SENT TO CONGRESS LAST MAY. IT PLAINLY SHOWS IN THIS REPORT THEY EXPECTED THE DINAR TO REVALUE AT AROUND A DOLLAR IN 2013.

We are seeing and hearing that the inflation rate is still climbing and they are pushing to get us our money?? This report is from page 84 of the massive SIGR report.

BGG ~ This is a screen shot from the “Special Inspector General for Iraq Reconstruction” – Apr 2012, quarterly report to Congress. For members of our Government to say they have no idea what is going on here – means they haven’t read some very basic documents presented them.
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I pointed out (last night) this is a highly speculative investment. We are, in no way, guaranteed anything. However, this SIGR report gives us some valuable insights…

1) This is information given to the US CONGRESS on a quarterly basis… I find it hard to believe such an information source would intentionally mislead Congress. They tend to frown on such behavior. Which goes directly to the validity of this adventure – against all advice from Wells Fargo or other such naysayers.

2) It points out there having been a legitimate “plan” – or time frame in motion…having been projected to be done in 2013. We are obviously in “overtime” now.

3) It gives us an idea as to who is in charge…the CoM – or Council of Ministers. Who do they answer to?? Maliki. Period. When is he likely to push this forward?? Historically – he has been a “weak Dinar” policy advocate. However, rumor from his own inner circle admits he can’t win a third term in office without some currency reform.

I fully expect him to use every tool in his “wheel house” to win – his recent moves in Anbar and the disputed territories prove as much. Currency reform has to be a “biggie”. Though this WAS their thinking a couple of months ago – there is no promise it is still part of their political calculus. We shall see.

4) Though no guarantee of the actual future plan they wind up engaging – this report points out an increase in value that would have taken the Dinar from “one-tenth of a cent” to a value “of slightly less than $1″..

Read More: http://www.dinarupdates.com/showthread.php?18519-The-Dinar-Daily-Tuesday-Feb-7th-2017&p=128477#post128477

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CURRENCY CODE SELL BUY
US dollar USD 1184.000 1182.000
Euro EUR 1229.584 1228.969
British pound GBP 1455.018 1454.290
Canadian dollar CAD 881.083 880.643
Swiss franc CHF 1150.073 1149.498
Swedish krona SEK 129.489 129.425
Norwegian krone NOK 136.601 136.532
Danish krone DKK 165.398 165.315
Japanese yen JPY —– —–
Special
Drawing Rights
SDR 1582.534 1581.743

Indicative rates – 02.24.2017

http://www.cbi.iq/

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