Hakim-Iraq-s-unity-is-a-red-line-that-can-not-be-bypassed
Participated in the Iraqi – UAE Trade Forum Minister of Industry and Minerals Mohammed Shiaa al-Sudani said that the Iraqi government and people appreciate all the supporting positions in the fight against terrorism.
“The Iraqi government and people appreciate the positions of our brothers in supporting the fight against terrorism and affirms pride in his relations with his brothers and neighbors,” al-Sudani said during a speech at the Iraqi-UAE Trade and Investment Forum, which opened yesterday in the United Arab Emirates. Today is open to all and extends the hand of friendship and cooperation for the prosperity and well-being of its people and all the peoples of the region, “pointing out that” the economic relations of Iraq – the UAE is witnessing remarkable development, reflecting the capabilities and opportunities enjoyed by the countries, “stressing at the same time,” the Iraqi government’s keenness on Yeh and the development of these relations and upgrade them to the highest levels in all areas and sectors. ”
Read more: http://www.dinarupdates.com/showthread.php?54329-Hakim-Iraq-s-unity-is-a-red-line-that-can-not-be-bypassed
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Adam Montana (Dinar Guru) – It’s been a while getting here, and nobody knows where exactly “here” is quite yet, but what I DO know is we have a LOT going on right now! There is an upcoming referendum in just a few days where the KRG (Kurdistan Regional Government) is attempting to “vote” on “Independence”. While the “vote” isn’t something I’m personally putting a lot of weight on, the statements and actions surrounding and connected to it are certainly worth paying attention to. Abadi had previously spoken out against the referendum (scheduled for Sept 25th), but now the Supreme Court (Iraq) has actually issued a ruling ordering them to completely suspend any preparations for such a vote, based on it being “unconstitutional”. [post 1 of 2….stay tuned]
Read more: http://www.dinarupdates.com/observer
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G-Lin (Dinar Guru) – I’m…excited about the…art. stating the IMF gave them instructions to cancel the remaining restriction on the exchange rate and practice multiple exchange rates, And the implementation of measures to combat money laundering and the financing of terrorism and fight corruption. To me this is saying remove that last restriction and give the dinar a true rate and that would eliminate MCP and by doing so it will fight terrorism and corruption. It also says to me that they are Art. 8 compliant and they need to de-dollarize…this has been requested by the IMF in every Art. !V consultation I have read and now it sounds like a direct order. We don’t have any idea when this will happen but Iraq started listening to the IMF this year and in order to get the loans from them and the World Bank, they must perform to their instructions. Add to all of the above the fact that the second amendment to the CBI Law was discussed in Parl. last week it makes for some pretty exciting speculation. If they aren’t ready to change the value, they are making preparations to do so. As usual this is just my opinion.
Read more: http://www.dinarupdates.com/observer
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IMF calls for the restructuring of the rational and Rafidain Bank
The International Monetary Fund (IMF) on Monday called on the Iraqi authorities to restructure the Rasheed and Rafidain banks and strengthen the legal framework of the central bank, calling for the cancellation of the remaining entry on the dinar exchange rate.
The Iraqi Business Council said in a press statement received by “The Economist News” that “the head of the mission of the International Monetary Fund in Iraq, Christian Joss, discussed in the Jordanian capital Amman with the delegation of members of the Iraqi Business Council the latest developments in the Convention on credit readiness with Iraq and the challenges facing the Iraqi private sector”.
Read more: http://www.dinarupdates.com/showthread.php?54291-IMF-calls-for-the-restructuring-of-the-rational-and-Rafidain-Bank
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Reveal the files that Abadi will discuss in New York and the date of his visit
MP of the coalition of state law Jassim Mohammed Jaafar, said Monday that the Prime Minister Haider Abadi will discuss four files during his visit to New York, while pointed out that the date of his departure will be tomorrow or the day after tomorrow.
Jaafar said that “there are four main files will be addressed by the Prime Minister in his address to the General Assembly of the United Nations,” noting that “the first file is the role of Iraq in the elimination of the raucous and review the achievements of our armed forces and experience and the results of the experiment, This experience is for countries that are under a threatening threat, victories relying on Iraqi rather than foreign forces. ”
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Enorrste (Dinar Guru) Article: “Economic reforms and upgrading banking institutions” I agree with KAP [reference Guru Kaperoni, 9-18-2017] on this one. We wait. But at least they are now seriously discussing moving forward as opposed to two years ago when half of the economists were calling on Iraq to wait, wait, wait.
Read more: http://www.dinarupdates.com/observer
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Kaperoni (Dinar -Guru) – Article: “Economic reforms and upgrading banking institutions” I think the goal is to raise the value to 1 to $1 or about. It just won’t happen overnight as some want to think. It’s a process that will take a period of time (I believe 6 months to a year) via a float. In doing so, the zeros disappear and Iraq moves to denominations like a 1, 5, 10, 20, 100 dinar and some fils (coins). Keep in mind, if we are correct, and that is the plan, then they simply just cannot decide arbitrarily to raise the value, they need momentum. And that is created by investment. They need the laws passed, banking insurance to invite investors to bring capital into Iraq. The result creates inflationary pressure on the CBI to float the dinar. And the result should allow the dinar to appreciate in value. So we wait.
Read more: http://www.dinarupdates.com/observer
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Central Bank to Tackle Hoarding of Iraqi Dinars
The Central Bank of Iraq (CBI) has held symposium entitled “Analysis of the phenomenon of Hoarding in Iraq“, addressing the problem of people hoarding Iraqi dinars (IQD), and not making them available to the banking system.
During the seminar, the Governor of the Central Bank, Dr. Ali Mohsen Ismail (pictured), pointed out that cash is not available as planned, and that the CBI is drawing up plans to solve this problem and attract money into the banking system.
According to a CBI statement, the term “hoarding” is used in its economic sense to mean “holding money and imprisoning it from circulation or keeping them in the boxes inside the house and not taking them out to trade in the markets.“
Read More: http://www.dinarupdates.com/showthread.php?54206-Central-Bank-to-Tackle-Hoarding-of-Iraqi-Dinars&p=179048#post179048
I am kind of curious to see exactly how they intend to handle this. Seriously?!?
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Sept. 1st – “FB Live” Video Link
From our Sept 1st Facebook Live. “Verify Your Dinar”. We re-recorded this – I hope this works better for everyone.
For a limited time – I am personally handling the sale of some privately held Dinar. It is from a premium source and is in excellent condition (Uncirculated 25k notes).
If you would like to add to your Dinar holdings while it is still possible, send me a PM via FaceBook (in the Private Group) or send an e-mail to DinarUpdates@comcast.net . I will make the arrangements.
Thanks
BGG
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Source: Parliament of the region will postpone the referendum with American advice
Baghdad – A source familiar with the Kurdistan Regional Parliament, will vote to postpone the referendum of the Kurdistan on 25 September to another notice.
The source told the agency of all Iraq [where] that “the parliament of the region will hold its meeting tomorrow after a break of more than two years of political differences, and will vote to postpone the referendum,” noting that “this step came as a US advice as a way out of the crisis.” The source preferred to “boycott the two blocs of change and the Islamic Group reserved to the referendum for the session.”
The US envoy to the international coalition, Brett McGork, arrived today in the Kurdistan region and held talks with the Patriotic Union of Kurdistan and change in the city of Sulaymaniyah will also visit Erbil this evening to meet the President of the region Massoud Barzani. It is noteworthy that until today, the region insists on holding the referendum on its scheduled date on September 25. The parliament of Kurdistan postponed its meeting scheduled for tomorrow to vote on the referendum to the next genie.
The House of Representatives voted yesterday to reject the referendum of Kurdistan and also committed Prime Minister Haider Abadi to take all measures that preserve the unity of Iraq and sovereignty with the opening of serious dialogue to resolve the problems between the center and the region.
The Kurdish deputies withdrew from the session in protest against the rejection of the referendum. “The Iraqi parliament will not be able to break the will of the Kurdish people,” said Massoud Barzani, head of the Kurdistan region, on Wednesday. “Whoever wants to test the will of the Kurdish people, let us accept and they must first criticize themselves.” “The decision of the Kurdistan referendum can not be carried out unilaterally, and the imposition of the status quo by force is unacceptable and will not continue, not a solution,” Prime Minister Haider al-Abadi said at his weekly press conference.
Alliraqnews.com
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Adam Montana (Dinar Guru) – [What would a independent Kurdistan mean to our hopes and dreams to retire via nice RV? Do you still believe they will never separate?] I still don’t think they will split… But I LOVE how this current situation and the events unfolding right now are pushing things in a very positive direction. Things are looking very good for us right now!
Read more: http://www.dinarupdates.com/observer/
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Aggiedad77 (Dinar Guru) – Article: “The Government approves the tasks and mechanism of the Higher Committee for Investment and Reconstruction” On the surface this little article seems to be nothing big…but look who approved the tasks…the CABINET…Abadi’s Cabinet…on a Monday…out of the ordinary they would meet today…they normally meet on Tuesdays… Then look at who all was there, most of the Cabinet and ALLAK…why would this kind of high powered Iraqi group need to meet for what a committee was doing…hmmmmmm…is your interest perked up yet…they are considering the LL (long line) IMO…and IMO…they seem to be getting obstacles out of the way…What for…getting ready for implementation of things…investments …companies and countries coming in…this is HUGE IMO…simply HUGE…it’s pointing us towards good things to come…IMO.
Read more: http://www.dinarupdates.com/observer
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Stratfor Strategies current Kurdish Analysis
After several weeks of meetings, the major Kurdish parties — the Kurdistan Democratic Party (KDP), the Patriotic Union of Kurdistan (PUK) and the Gorran Movement — have made a breakthrough in negotiations. The meeting Sept. 12 was the first trilateral intra-Kurdish political meeting in two years, and the groups seem to be in the final stages of agreement on several key points that make up the seven-point agreement they are negotiating. Even though the Iraqi Kurdish parties seem to have finally hashed out a partial agreement, there are many more negotiations ahead. And it remains to be seen whether this breakthrough will be enough to overcome opposition to the Kurdistan independence referendum.
The KDP, PUK and Gorran have basically reached agreement on seven loose principles. Agreement on the principles could pave the way for holding on Sept. 25 the Kurdish independence referendum — to which all parties have tacitly agreed to adhere to. The seven-point agreement will also help in reactivating the Kurdistan Regional Government (KRG) parliament — which has been shuttered for two years following violent altercations and political infighting between the Kurdish parties. The seven-point agreement also creates space for future negotiations over sticking points such as salaries for government employees, laws that govern how the president is appointed, and the distribution and oversight of Kurdistan’s energy resources. And, despite some elements of the PUK wavering in their support of the KDP, the KDP and PUK have at least partially aligned with one another over the last couple of weeks. But other groups continue to oppose the independence referendum.
The Gorran and smaller Kurdish parties like the Islamic Group have been barriers to intra-Kurdish negotiations on how to move forward with the independence referendum. Gorran as a party developed partly as an opposition movement against KDP and PUK hegemony over Iraqi-Kurdish affairs, and it will likely remain a spoiler as negotiation over the seven-point agreement continues.
The Iraqi National Assembly in Baghdad wasted no time Sept. 12 in strongly rejecting the referendum by approving a non-binding resolution authorizing Iraqi Prime Minister Haider al-Abadi to do anything necessary to maintain Iraqi unity. By including Kirkuk and other disputed areas in the referendum, the Kurds have united Iraq’s Sunni leaders and the mostly Shiite Popular Mobilization Units against the referendum. For these groups, Kirkuk and the disputed areas are part of Iraq and their inclusion threatens to spark conflict within the country again.
Other regional powers also remain strongly opposed to the referendum’s implementation. It has been rumored that the head of the Turkish National Intelligence Organization will go to Arbil soon to try and persuade KRG President Massoud Barzani against the referendum, while Iran has sent Islamic Revolutionary Guard Corps Quds Force Commander Qasem Soleimani to do the same. The chief of the Arab League also paid a visit. Even the White House has released a statement opposing the referendum and Brett McGurk, special presidential envoy for the global coalition to defeat the Islamic State — is visiting the KRG in the coming days to likely push for keeping the referendum from taking place.
Still, because of today’s accord, there is momentum toward the goal of reactivating the KRG parliament on Sept. 14. (Stratfor sources estimate it will be Sept. 16.) If the parliament actually convenes later this week, the chances of the independence referendum happening are even greater. Even so, reconvening the parliament will also give these Kurdish parties yet another theater in which to negotiate and argue over the seven point agreement that has been tentatively hashed out.
Courtesy: https://worldview.stratfor.com/
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Kaperoni (Dinar Guru) – “The CBI has also requested the technical assistance of the IMF Legal and Monetary and Capital Markets Department to analyze the reasons behind the rise of the exchange rate spread” …in the last Article IV dated last month, the CBI had requested the UST and the IMF to help them get in compliance…that gives me hope they can get in compliance… and once they do, they will accept Article VIII, which will open the banking system to the world, allowing international investment, etc. So if that occurs, we may see such an effect by end of year. I do believe it is well documented that the world wants to come to Iraq and invest. If, Iraq could ever set the stage, by that meaning pass the laws, get the banking system in order, they have the potential for billions of dollars in private investment. So hang in there.
Read more: http://www.dinarupdates.com/observer
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Click this link to join the DU “private” FaceBook Group…
https://www.facebook.com/groups/571383766355188/
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Post RV Checklist (it’s getting to be that time!! Listen up!!)
Dos and Don’ts of Windfall Wealth:
Treat it like a PowerBall win
– Tell no one, not even family. If you must talk, do so with one who is already in the know.
– Don’t run out & buy new “stuff”. People notice.
– Get an unpublished number and give it out very sparingly.
– Get a tax accountant you can trust to make sure the IRS is satisfied (Certified Opinion is something to look into) and pursue asset protection…
Read Complete List: http://www.dinarupdates.com/showthread.php?18519-The-Post-RV-Checklist-and-Flashback-documents&p=128477#post128477
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