What’s next after Kurdish independence vote?
ERBIL — Defying pressure from the United States and regional powers Turkey and Iran, millions of Kurds cast their ballots today in a historic referendum on long-fought Kurdish independence.
Massoud Barzani, president of Iraqi Kurdistan, who is leading the independence drive, exuded confidence after voting at a polling station close to the presidential compound overlooking Erbil, where the Kurdistan Regional Government (KRG) sits. As election observers looked on, his eldest son, Masrour, chancellor of the Kurdistan Region Security Council, was up next, dipping his index finger in the indelible indigo ink meant to prevent repeat balloting…
Read More: http://www.dinarupdates.com/showthread.php?54443-What-s-next-after-Kurdish-independence-vote&p=179292#post179292
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Dinar Updates – Conference Call – w/BGG & Company, September 26th, 8:00 PM CST 641-715-3640 pin #528733
Recorded Call Replay Link
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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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BGG – Article: “Barzani: The time has come to demand the postponement of the referendum will not take my people” Quote: “The president of the Kurdistan region, Massoud Barzani, said the claims and calls to postpone the referendum on independence “is over.” The title is a little deceiving. However, it also points out Barzani clearly intends to “negotiate” with Baghdad afterwards. The whole thing has the feel of a “squeeze play”. Barzani may well know he has no chance of a true independence play. On the other hand, while this is an “extra-Constitutional” vote, Abadi and the GOI ignore their Constitution when it suits them as well.
Read more: http://www.dinarupdates.com/observer
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Saudi – Iraqi steps to promote banking cooperation
The concerned circles rely heavily on the development of economic, financial and banking relations between Saudi Arabia and Iraq because of their positive reflection on relations with the Gulf countries in general. It also serves the Iraqi economy and its active sectors in the field of investment and finance, as well as the positive impact that these relations can have on the performance of Iraqi banks for the best. Taking advantage of the expertise enjoyed by Gulf financial and banking institutions.
The meeting in Baghdad recently between the President of the Association of Iraqi Private Banks Wadih al-Hanal and the Deputy Governor of the Saudi Arabian Monetary Agency Fahd bin Ibrahim al-Shathri, a qualitative start of cooperation between the concerned institutions in the two brotherly countries, would constitute a gateway to a course of action To promote opportunities for partnership between different economic sectors, especially banking.
Read more: http://www.dinarupdates.com/showthread.php?54426-Saudi-%96-Iraqi-steps-to-promote-banking-cooperation
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BGG – This is – best case, a leverage play by Barzani. There is significant unrest in most of the surrounding regions over this situation. Turkey doesn’t like it. Iran doesn’t like it. Iraq doesn’t like it. The IMF doesn’t like it. The UN doesn’t like it. The US doesn’t like it. Explain to me again the “excitement”? It’s not good. However, it may not be anything more than a short-term distraction to currency reform in Iraq.
Read more: http://www.dinarupdates.com/observer
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Stratfor Strategies: Sit. rep.
Negotiations are underway between the Iraqi government and the Kurdistan Regional Government (KRG) over the planned Kurdistan independence referendum, scheduled for Sept. 25. Numerous international powers oppose the referendum — including the United States, the United Kingdom, Turkey, Iran, Germany and other EU powers — and pressure is mounting on KRG President Massoud Barzani to delay the referendum. Meanwhile, Barzani is trying to turn popular approval among Iraqi Kurds for the referendum into a mandate that will improve his bargaining position. But the rallying support — and opposition — is bringing a political charge that’s already spilled over into violence and could do so again.
The prospective referendum includes territories that the central government in Iraq and the KRG both claim as their own. As political negotiations continue, the security situation in the disputed territories is tense and risks escalating. In one such province, Diyala, Iranian-backed Shiite militias recently tried to claim territory, with militia leaders saying that the Kurds had no right to it. In Kirkuk province (which is more valuable than Diyala in part because of its oil reserves), not only do both the Iraqi and Kurdish governments lay claim to overlapping portions of the province, but outside powers Turkey and Iran also claim some degree of ownership and maintain ties to militia forces on the ground.
On Sept. 18, clashes erupted in Kirkuk between Kurdish paramilitary forces and Turkmen, resulting in the death of one Kurdish fighter and the wounding of a total of five men from both sides. As of Sept. 19, a nighttime curfew had been issued in Kirkuk to quell the violence and circumvent an escalation. Earlier the same day, in a pro-referendum rally in Kirkuk, provincial Governor Najmiddin Karim made an appearance in support of Kurdistan independence, underlining the political tension in the province. Many Kirkuk residents, particularly Arabs and Turkmen, do not support the referendum. Because neither Baghdad nor Arbil wields ultimate power over the militia forces scattered throughout the province, there is the risk further clashes will occur. More unrest could, in turn, invite the deployment of even more military forces — from both the Iraqi government and the KRG — to the province. Going forward, Kirkuk will be a province to watch as a bellwether for the mounting risk of violence over the upcoming referendum.
Read More: http://www.dinarupdates.com/showthread.php?54398-Stratfor-Strategies-Sit-rep&p=179246#post179246
BGG ~ IMHO, they may have a “vote” on this yet… long-run?? Barzani is KIDDING himself. If he manages to split from Iraq in the near future, Turkey will have him for a light snack (This is highly likely the impetus for the Barzani’s buying U.S. residences).
Erodgan has been spoiling to deal with his Turkish Kurdish. He sees no difference in his southern uprising and Barzani. They are all the same to him.
Further, both Turkey and Iran have designs on Kirkuk as well as the Kurds and the GOI. To further complicate matters, the GOI has clearly not been paying their bills to the Kurds. It has to be a pretty big slap in the face where the Peshmerga hasn’t been paid since 2013 and these THUG SHIA Militias got salaries codified in the recent budget. On the other side of the argument – the Kurds have been (reportedly) selling oil outside the agreed upon channels.
Think about it… if the Kurds haven’t been contributing to the GOI for as long as is represented, if the GOI haven’t been paying the Kurds since 2013…
What does this vote matter?? They have the same “defacto agreement” going right now? Correct? How or why would it matter to the currency of Iraq?
Doubters?? Here is a Stratfor headline from TODAY!!
Sep 23, 2017 | Turkey: Parliament OKs Military Intervention, Warns Iraqi Kurds On Vote
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Aggiedad77 (Dinar Guru) – …may I point to a few things… good things IMO…in fact very good…has anyone been keeping a scorecard on FM Jaafari and who he had “side” meetings with in NYC…those are of the utmost importance IMO…IMO it is those types of meetings where so much can be and often is accomplished…Jaafari as a former Prime Minister of Iraq knows how to be a mover and shaker… IMO Abadi chose this man very wisely to take his place in NYC at the UNGA (United Nations General Assembly) meetings …he knew Jaafari’s experience would be helpful…no he’s not Abadi but he still can speak with authority…he had serious meetings with many serious players… And what always seems to happen after a significant entourage comes to the US and then returns to Iraq…MAJOR things seem to magically happen, almost as if a favored hand helps them to move mountains…
Read more: http://www.dinarupdates.com/observer
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Baghdad gives Erbil three days to hand over control of airports
BAGHDAD, Iraq – The Iraqi Council of Ministers has decided to bring the Kurdistan Region’s airports under the authority of the central government, giving Erbil three days to hand them over to Baghdad.
Iraqi Prime Minister Haider al-Abadi announced the decision in his weekly news conference after the meeting of the Council of Ministers. If Erbil does not comply within the three days, Baghdad will close the airports, he asserted.
“We decided to halt all airlines, travel, and the landing of planes from regional and world countries at Erbil and Sulaimani airports, and vice versa. The decision will be implemented within three days, by Friday,” at 6pm, Abadi said, adding they have contacted countries with regard to this.
Humanitarian and emergency flights will not be affected provided they obtain prior approval from Baghdad. Domestic flights are not affected.
Abadi also demanded all oil revenues of the Kurdistan Region to be returned to the control of federal authorities.
He tweeted that those who want to “weaken” Iraq’s sovereignty have “miscalculated.”
Abadi stressed that the referendum will hurt Kurdistan and Iraq as a whole and his government will impose its authority according to the constitution.
“We will not extend our hand to touch the honor of Kurdish citizens,” Abadi added.
“The leaders of the Kurdistan Region didn’t listen to the calls for not holding the referendum and we will not hold discussions on its result,” Abadi said.
Flights have been landing and taking off from both Erbil and Sulaimani airports, according to their respective websites.
Read More: http://www.dinarupdates.com/showthread.php?54444-Baghdad-gives-Erbil-three-days-to-hand-over-control-of-airports&p=179293#post179293
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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.“
I am very curious to see exactly how they intend to handle this.
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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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