" The Dinar Daily " , Saturday , 19 October 2013 - Page 3
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  1. #21
    Hashemi .. European Parliament: Beware of the occurrence of Iraq under the control of Iran because of the policies of al-Maliki

    Published 19/10/2013 07:35 AM

    Brussels envoy "arenas of Liberation"
    Tareq al-Hashemi warned Vice-President of the Republic of Iraq during a speech before the European Parliament in Brussels, Belgium, warned that Iraq signed under the control of Iran because of the link to the government of Prime Minister Nuri al-Maliki, the Iranian regime religiously and politically.
    He also accused al-Hashemi, who sentenced him to death in Baghdad, in his speech before the European Parliament, Maliki publish terrorism in Iraq and make the country a victim of the wrong policies.
    The Vice President of the Republic warned that al-Maliki is practiced ethnic cleansing against a particular component, indicating that the UN reports confirmed this fact.
    For his part .. Lord accused Makins, a member of the British House of Senate, Maliki accused of succumbing to Iranian influence and receive orders from Tehran, the elimination of the elements of People's Mojahedin Organization of Iran opposition in Iraq.
    He also accused the British official in his speech to the European Parliament in the presence of Tariq al-Hashimi, Vice President of the Republic of Iraq, Maliki accused of being behind the massacre of Ashraf camp for Iranian refugees in Iraq's Diyala province that killed fifty-two people, refugees and the kidnapping of seven others.
    The former head of counter-terrorism Frenchman Yves Bonnet, that the word Tareq al-Hashemi, Vice-President of the Republic of Iraq in front of the European Parliament, returned the country to the international community years after the U.S. invasion of Iraq.
    During the meeting of the European Parliament in the presence of Vice President Tareq al-Hashemi Republic of Iraq .. Refer former Algerian Prime Minister Ahmed al-Ghazali reasons for what is happening in Iraq, the day of the killings and looting, corruption and murder, said al-Maliki's government committed, returned to the war led by the United States to the country in two thousand and three
    The meeting was Tariq al-Hashimi, Vice President of the Republic of Iraq in the European Parliament in the presence of a large number of foreign and Arab officials came after a meeting in the Belgian capital Brussels with
    Alejo Vidal, Vice President of the European Parliament and the European Parliament deputy chief of mission relations with Iraq Strauss Steve نسون.
    Hashemi stressed his willingness to return to Iraq and face the charges against him provided that the European guarantee to him, warned in a press statement of the escalation of the suppression of freedoms in Iraq.
    He said Vice-President of the Republic of Iraq to the previous two years have witnessed the killing of thousands of Iraqis due to the escalation of violence, and attacked Maliki policies, blaming him for the lack of security in the country.

    https://translate.googleusercontent.c...K_BfRgMFRWLBOw



  2. #22
    Economic center demanding the government to unlink the Iraqi dinar to the dollar

    19-10-2013 | (Voice of Iraq)

    Alsumaria News / Baghdad
    Student Economic Information Center, Saturday, the government need to work on the disengagement of the Iraqi dinar to the dollar, indicating that the current data do not indicate seriously special programs to find a parallel development of alternatives to oil.
    The head of the center Dergham Mohammed Ali in a statement issued today, and received "Alsumaria News", a copy of which was that "despite the end of the crisis shutdown of government the U.S., but there is another crisis threatening the U.S. economy is the high ceiling of the government's debt the U.S. to record levels reached to $ 17 trillion, "noting that" the U.S. economy is threatened by the new economic crises threaten the dollar zone. "
    He called Muhammad Ali the Iraqi government to "study to find alternatives to the dollar in the reserves of Iraq's foreign currency basket includes Asian currencies more stable, such as the Chinese yuan and the Japanese yen as well as the euro and the British pound and other currencies are stabilizing higher than the dollar," noting that "the dollar zone is exposed to the risk of real economic not experienced since the Great Depression in the twenties of the last century. "
    The Muhammad Ali that "currency auction conducted by the Central Bank of Iraq will be the beginning of the introduction of these currencies and dealing in them and traded through the Iraqi market, in addition to Iraq put the idea of ​​disengagement from oil exports in dollars meetings of the Petroleum Exporting Countries OPEC to protect oil prices vulnerable to price the dollar that the United States the largest importer of crude oil in the world and any economic downturn سيصيبها the greatly reduce imported crude oil. "
    Muhammad Ali stressed the need to "move in this direction, considering that current data do not indicate seriously special programs to find alternatives to the parallel development of oil to replace it in the budget for Iraq to protect the Iraqi economy from price fluctuations in the global oil market."
    The White House has issued on the first of October, the current orders to federal government departments partial cease to operate, after Congress failed to reach an agreement on the budget for the new year.
    The Congress approved the U.S. on October 17 current, a bill ending partial closure of the government departments and sparing Washington defaults on its debt, and hours before the deadline to raise the debt ceiling to 16.7 trillion dollars, but facing Washington risk of defaults.
    Several countries have warned of the impact of oil closures U.S. government on the financial dealings of her country and its income from oil and especially that dealing with the United States directly.
    Iraq has a yield unilateral country depends on oil dramatically in the financing of public budget and the contribution of oil more than 90% in the GDP of the country.

    https://translate.googleusercontent.c...Enwh_KaafQR5CA

  3. #23
    Finance: the budget next year will amount to 174 trillion dinars and hopefully approval before the end of the year

    19-10-2013 | (Voice of Iraq)

    Range Press / Baghdad

    The Ministry of Finance of Iraq, on Saturday, for the completion of Iraq's budget for 2014, as indicated that the budget of 174 trillion dinars and a deficit of up to 27 trillion, confirmed the formation of a committee within the Council of Ministers to override the observations recorded on them, as voiced hope passage of the Parliament of the budget before the end of the year The current implementation of the project "as soon as possible."

    The finance minister said the agency Ali Shukri said in an interview to (range Press), "The budget for fiscal year 2014 is present now in the Council of Ministers where a small committee meetings continuing to bypass the observations recorded them," noting that "the value of the budget for 2014 will amount to 174 trillion Iraqi dinars, and a deficit of up to 27 trillion dinars. "

    Shukri added that "the Committee held three meetings to finish all problems recorded on the state budget for the year 2014."

    The Minister of Finance Agency that "the Council of Ministers will approve this budget in the coming weeks after the completion of overcoming differences and problems where to send then to the House of Representatives for a vote," and expressed the hope "that is to vote and approve the budget in Parliament before the end of the year to enable the ministries of the implementation of projects in a timely manner. "

    The parliamentary Finance Committee announced (30 September 2013), that the next budget year 2014 amounting to 174.6 trillion dinars, indicating that the bulk of which was allocated to the energy sector and security.

    The Ministry of Planning and Development Cooperation, recently announced include 132 thousand degrees and careers within the next budget in 2014, indicating that the energy and security sectors were the main focus of the next budget, which was sent to the Council of Ministers.

    The budget for 2013 was approved by Parliament amounted to 138 trillion Iraqi dinars, on the basis of calculating the price of a barrel of oil at $ 90, the amount of export of two million and 900 thousand barrels per day.

    https://translate.googleusercontent.c...pHgwZE3lnzZsxQ

  4. #24
    CBI increased its cash reserves to $76 Billion to support the dinar exchange rate, says Finance Committee
    Posted: October 19, 2013 in Iraqi Dinar/Politics


    Member of the Finance Committee: the Central Bank use the increase in the cash reserve to support the dinar exchange rate

    19-10-2013 12:56 PM

    Baghdad (newsletter). Student member of the Finance Committee, a Deputy from the Kurdistan blocs Coalition//Jimmy is able to exploit the increase in the cash reserve of hard currency to support the Iraqi dinar exchange rate against the US dollar.

    He is capable of (News Agency): the figure announced by the Central Bank for foreign currency cash reserves of 76 billion dollars, must be backed up by precise data provided by the Bank to the Finance Committee, not just the media’s launches here and there.

    He added that if the increase in the cash reserve to the number that is too large, the Central Bank is used to support the Iraqi dinar exchange rate against the u.s. dollar as responsible for monetary policy in the country.

    The Central Bank has increased reserve of hard currency Iraq to 76 billion dollars was up to 66 billion dollars

    https://bit.ly/1fL8IeP

  5. #25
    Iraq’s foreign debt totals $39 Billion
    Posted: October 19, 2013 in Iraqi Dinar/Politics


    Parliamentary Research Service: Total Iraq’s foreign debt of $ 39 billion

    BAGHDAD – Iraq Press – 19 October / October:

    A report issued by the research department of the Council of Representatives of Iraq, seen by / Presse Iraq /, that “Iraq’s foreign debt until 31/12/2012 have been classified into four categories, the Paris Club debt, and countries outside the Paris Club and commercial creditors, and debts of the Gulf Cooperation Council, totaling more than $ 39 billion, distributed as follows:

    1 – debt to Paris Club countries and the 18 countries and reach more than nine billion and $ 444 million in reduced its debt by 80% except for the United States and Denmark, which Khvdta debts increased by 100% as well as Russia, which has reduced its debt by 92%, and was rescheduling the remaining of 20% .

    2 – creditor countries not members of the Paris Club, amounting to more than two billion and $ 712 million and has a debt settlement of Bulgaria, Serbia, Tunisia, under the purchase offer cash through payment percentage 10.25% of the total debt in cash and the cancellation of the remainder, amounting to 89.75%, also canceled Each of Malta, Cyprus, Slovakia, Algeria entire debt against Iraq.
    3 – adult payables, amounting to more than $ 118 million.

    4 – Dion Gulf Cooperation Council (GCC) of $ 27 billion and $ 639 million, and has sent a Finance Ministry draft of a bilateral agreement to the Ministry of Finance of the United Arab Emirates required to turn off the debt by 100% after announcing that the United Arab Emirates are still considering the draft.

    The report pointed out that “the total debt Iraq Foreign reached the end of the year 2012 more than 39 billion and $ 914 million.”

    The report said that “Iraq obtained under the agreement signed with the Paris Club to cancel 80% of the total external debt was restructuring the remainder of which amounting to 20% and paid during the 17 years to the semi-annual installments under 34 installments worth repaid as of 2011 and continues until 2028 and the reduction in three phases, the first includes a 30% reduction at the signing of the agreement was done on 21/11/2004 and reducing the rate of 30% at the signing of the Convention [SBA] has been done in December 2005 and reducing the rate of 20% upon completion of Iraq all the obligations contained in the [SBA] at the end of December 2008.

    He noted the report of the House of Representatives that “the GCC countries and both Saudi Arabia and Kuwait and Qatar submitted its demands to the International Monetary Fund and try to Iraq and through the delegation sent to negotiate with these countries in order to put out 100%, but did not take any decision on the settlement of those claims.”

    https://bit.ly/1fL8mVJ

  6. #26
    Millionday News Discussion

    [millionday] Economic Information Center called for Iraq to move from the dollar area and linking the Iraqi dinar more stable currencies. The head of the center Dergham Mohammed Ali said in a statement today, "despite the announcement the White House, the end of the crisis, shutdown the government the U.S.

    but there is another crisis threatening the U.S. economy is the high ceiling of the government's debt the U.S. to record levels reached 17 trillion dollars, a large sum difficult to deal with in light of the lack of indicators for the recovery of the U.S. economy, which is Mihdd new economic crises threaten the dollar zone. "
    ...

    [millionday] He stressed "the need for monetary policy in Iraq and in cooperation with the Iraqi government on the transfer of Iraq from the dollar area that are exposed to the risk of real economic not experienced since the Great Depression in the twenties of the last century,

    which would require a study to find alternatives to the dollar in the reserves of Iraq's foreign currency basket includes Asian currencies the most stable, such as the Chinese yuan, in addition to the euro and the pound sterling and the Japanese yen and other currencies TOP stabilizing of the dollar. "

    [millionday] note -- remember what we said about the coincidence of the gov shut down -- just an opinion though -- just saying smile

    [millionday] He also called on the center to "promote the transformation of the phenomenon of dollarization in the Iraqi market to a basket of currencies this through drawers partial beginning of the currencies in the currency auction and encourage the Iraqi market for traded through payment in these currencies, especially for imports coming from countries that are trading those currencies."

    [millionday] He continued, "In addition to these measures Iraq put the idea of ​​disengagement from oil exports in dollars meetings of the Petroleum Exporting Countries OPEC to protect oil prices from being influenced prices,

    the dollar and the need to search for real alternatives for development under the threat of oil prices associated with the U.S. economy, mainly the fact that the United States the largest importer of crude oil in the the world and any economic the greatly reduce imported crude oil. "

    [millionday] note --- hmm -- hoping that the iraq currency helps the US economy -- hmmmm

    [millionday] The center said that "as it emphasizes the need for a serious move in this direction, the data to seriously the special programs to find the parallel development of alternatives to oil their replacement in the budget for Iraq to protect the Iraqi economy from price fluctuations in the global oil market.

    [millionday] and so as we see this means --- oh boy – smile i like this one -- could read it over and over brb with more though whooop whoop i know i would find great help in my economy ] and even some words from the gov of cbi smile

    [millionday] Central Bank of Iraq, on Saturday, on his quest to find a balanced ratio of gold with hard currency reserves, considering that whenever the reserve size increases less than the contribution of other components.

    The governor of the central bank and agency Abdul Basit Abdul Samad said in an interview for "Alsumaria News", "The Bank seeks to balanced ratio of gold compared to reserves of hard currency from the currency," noting that "the high bank reserves of hard currency leads to low gold and we are working to increase procurement to maintain a balanced ratio of gold.

    [millionday] note -- getting reserves set

    millionday] He added that Abdul Samad that "the components of the reserve for Iraq consists of transactions exist in key markets which include the dollar, the euro and lb Englishman then special drawing rights of gold,"

    stressing that "whenever grows up, the proportion of the contribution of other components less therefore raise other ingredients to keep the ratio of 3 to 5%.

    The International Monetary Fund (IMF) confirmed, in December 2012, that Iraq had boosted its gold reserves to reach more than 31 tons, noting that Iraq had bought 23.9 tons of gold in the month of August of the same year.

    millionday] so as we see -- hmm -- the iraqi dinar seems to be backed in order to pull out a beautiful rate -- what it is we dont know but i would like to say --- what? whoop whoop

    [millionday] MP from the Kurdistan Alliance Faraj proof of the need to begin a serious dialogue to resolve the crisis and end the conflict between the blocs to reach a common vision on the outstanding issues.

    He told {Euphrates News} that "everyone is demanding to start a dialogue grandfather to resolving crises and conflicts between the blocks and reach common visions to resolve political issues and pass laws in parliament and the restoration of security," noting that he "could be investing the holidays to bring the different views between all forces

    [millionday] Faraj said he hoped "to reach satisfactory results after the holiday of Eid al-Adha, including the electoral law and the law of parties, as well as the federal budget for next year. He stressed that "pass the election law is important, and it comes after the Constitution on the part of important.

    [millionday] so as we see and know tuesday is when parliament will be dealing with the basket this tuesday

    onthewings] Whooooop Whoooooop

    [millionday] whoop whoooop is right my friend -- we are liking this

    [millionday] Ruled out parliamentary Committee on oil and energy, Saturday, the oil and gas Act legislation during the current session, pointing out that the incompatibility between political blocs around during this stage transmit without it.

    The Vice-Chairman of the Committee, told Ali that "oil and gas law needs the consensus of all the political blocs to productive solutions through investment and petroleum industries and the protection of the rights of the Iraqi people, excluding" is passed as a result of the lack of understandings around him during the current parliamentary session.

    [millionday] Fayad said that if his decision will have a positive impact on investment and oil sectors which will contribute to the advancement of the country's economic development for the benefit of the public.

    The Commission invited the parliamentary oil and energy before a speedy legislation federal oil and gas Council to overlaps between the ministries of oil, electricity and governorates and Kurdistan region, indicating that the formation of the Council will have a significant impact on policy development strategy for energy

    [millionday] this is for certain a huge progress in what we have seen on the hcl or the oil and gas law -- which ever you call it -- but this is very good - any news on the hcl as far as that goes is great to see

    [millionday] so as we see the hustle is on and the news is good and guess what i am not done

    simbaspen*] Thanks, I'm just getting in and missed the basket info too. Please summarize what's in baskets, millionday. Thanks

    [millionday] Finance Committee MP / coalition of Kurdish blocs / Dler capable, the need to exploit the increase Bahtiath cash in hard currency to support the Iraqi dinar exchange rate against the U.S. dollar.

    Said is capable that the figure announced by the central bank to reserve cash foreign currency amounting to (76) billion dollars, must be Msnoda for accurate data provided by the bank to the Finance Committee, and not just statements to the media release here and there he says.

    [millionday] let me finish this and i will k

    [millionday] In the event of increased monetary reserves and bringing them to this figure, which is very large, the central bank demands to support the Iraqi dinar exchange rate against the U.S. dollar as responsible for monetary policy in the country. has announced the central bank to increase reserves, Iraq's hard currency to (76) billion dollars after it was reported up to 66 billion dollars.

    [millionday] so let me say this -- they are working on the release of the rate or this would not be in the reports i have -- smile

    [onthewings] Whoooop Whooooop

    [millionday] the list on tuesday should be all of the regulations that are for investment and for investors -- any amendments left and also the hcl as we have seen -- they are finishing what needs to be in place that is not right or constitutional from the previous regime -- they need all of this to go smoothly even though they have many committees in place for monitoring

    [Flygirl02] I have a question whenever it's ok.

    [millionday] they have just a few economic changes or amendments -- and we have also seen many security issues as well -- its ok hun -- go ahead

    [millionday] now the other day we saw implemented huge advancements in security that are going to be technically different then what is seen in other countries so they dont have investors scared to enter the country

    [millionday] we should know one thing -- the technology coming into the country is hugely advanced compared to other countries because it is all new and the best


    [Flygirl02] I've read several articles about postponing election law for another 2 wks. Also, both Maliki and Nahaji going to Washington. How do either of these affect timing of RV?

    [millionday] it has nothing to do with it imo ---- i can tell you yes it is important because it shows constitutional compliance and also the UN etc is ordering that democracy is in order --- they have to have order in democracy -- elections is part of it -- it shows the change and also the rights of people

    [Flygirl02] Ok ty

    [millionday] the revalue is economical -- the question has come up many times if it involves other countries -- i have an opinion - of course it does it will effect the whole globe as we have seen in the many news reports and the reports

    [onthewings] millionday Once the basket is in order or place , isn't that a step closer to the RV ?

    [millionday] yes

    [millionday] some of the regulations they are working on is for investments and they have them ready -- it certainly isnt anything like last year or the many years before -- this is like cleaning house work -- just loose ends is all

    Flygirl02] Will there be any other reason to wait

    [millionday] no -- we could see this at anytime -- believe that - have your plan in place - if you dont get out of your chair after news and get a piece of paper and just brain storm -- you need it because you will be stunned when this hits -- confused and a feeling of being lost

    millionday] dont be that way in such a way that it freezes you and you have not a step to take write a list and even if it is stupid stuff -- write it down -- the pets -- the kids -- what bank -- where to cash out -- what town - numbers you need family to call or friends you promised

    [millionday] your mind will be blank = then when you get one note cashed in -- that is never set anywhere -- then write a real list -- lawyers --- tax -- property --- accountANTS -- private banker -- corporate

    [millionday] let me tell you one thing in laymen's terms this is what wealth management is as far as to protect your self -- in very simple terms

    [millionday] you set up a company -- maybe llc -- that company buys another or sets up another -- and then that one sets up three or one whatever --- all is to make it deep so your name is not legally discovered

    [millionday] that is what you want to do --- but after you cash in a note and get your self together --- get what you need and get all pets etc to sitter or caretaker and then make sure you have appointment with bank , lawyers, God , and all of the steps you need to take

    [millionday] sit down and think -- do not move think - nothing protects your name -- you are now a manager of a company --- that is owned by a company that is owned by a llc --- you want to own nothing and control everything

    [millionday] the best personal advice i can give you is pay your taxes and insure every hair on your head and the rest of every thing you own and your whole family - i am not an expert -- this is all opinion of mine -- not legal advice – disclaimer -- ] brb with more

    [B][millionday] the one thing that stands out to me about the news is this

    [millionday] cbi and the finance leaders are all reporting the work they are doing to set up the rate by what they have in reserves and the US of A is saying -- we need the dinar to get out of a mess -- Iraq please move forward -- pretty good summary -- also the tuesday parliament session is to wrap up anything left and what they are going to do with the hcl to move forward with the oil contracts they have rolling

    [millionday] remember also the new technology we are seeing in

    [millionday] the ID or smart cards -- kind of conglomerate of id , smart card (debit) , social security , means of census , etc etc -- it has chip in it and is very advanced

    [millionday] and also the security they are putting in this country -- makes you want to say --- hmmmm ---- oh nelly!!!

    [millionday] you need a local accountant -- someone everything goes to and then a quarterly that everything goes to each quarter that can be anywhere -- accountant and also copy to tax attorney -- you need seperate from that a private banker that handles what you have and an investment advisor that will investigate the silly and not so silly things that are asked of you -- remember all your friends and family etc need all your money -- remember so do you -- and be smart -- i will tell you this

    [millionday] the smartest man or woman in the world is the one that can say -- "i dont know "

    [millionday] and lets just say -- we dont know right now -- we dont know all about money and what to do to keep it or build etc

    [millionday] so -- make sure your accountant has to send all reports quarterly to another accountant that prepares it to go to tax attorney -- that way -- no need for trust -- it is all double checked all the time

    [millionday] also an investor advisor will check out the lies that will be told so you are not throwing money away

    [millionday] nothing wrong with helping great ideas from family and friends but only if you can at least break even -- always

    [millionday] make sense ?

    [millionday] you are always saying yes and not the bad guy that way -- just let me run it by my advisor -- not a bad thing to say or uncaring

    [kshaw100] millionday How quickly might the rate fall once it is released do you think?

    [millionday] fall? iraq is going to gain and gain -- regulations will be set of how long we have to hold on to the dinar before cashing it in

    [millionday] so i hope you all know how much the news is meaning to us today and i hope that my personal opinions on steps you can take if you like will help you - just have a notebook with info -- i have gone through something like this before and it freezes you

    [millionday] you cant remember any numbers or even names or anything - it is silly and will make you panic if you dont have a notebook - things are really looking good and this is great news we had tonight

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