Dinar Daily NEWS Blog – October 18th

Relationship: to enhance the relationship between foreign correspondent and Iraqi banks have significant benefits to the banking sector

Economy news Baghdad: The Governor of the Central Bank, said on Tuesday that relations to enhance the relationship between foreign correspondent and Iraqi banks have significant benefits to the banking sector.

Speaking on relations, he said an Iraqi governmental space in Washington, “pursued the economy news, that” the measures taken by the Central Bank in combating money laundering and financing of terrorism, which included a number of companies and was suspended from work and forwarded to justice is an important step in compliance with the decisions of the Council Security “.

“To enhance the relationship between foreign correspondent and Iraqi banks is very important and has great benefits to the Iraqi banking sector, foreign banks to rely on procedures adopted by the Central Bank in developing the banking sector such as compliance and money laundering that are Al-Faisal to accept cooperation with Iraqi banks. ”

Read More: http://www.dinarupdates.com/showthread.php?54954-Relationship-between-foreign-correspondent-and-Iraqi-banks-have-significant-benefits

Courtesy: 1Bobby

BGG ~ Huh?!? I guess Mr White was onto something – on the call last nite (10/17)??

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The President of the Republic approves the removal of the governor of Kirkuk

Baghdad: al-Furat News – President of the Republic Fuad Masum, the removal of the governor of Kirkuk, Najmuddin Karim.

The President of the Republic Fuad Masum has refused to ratify the removal of the governor of Kirkuk until the decision to appeal, and said the legal adviser to the Presidency of the Republic that “the postponement of the decree of the President of the Republic to remove the governor to cut the legal period in the appeal

For its part, circulated the General Secretariat of the Council of Ministers, To all government institutions

The appeal of the governor of Kirkuk before the Administrative Court of the decision to remove him from Parliament

The Administrative Court responded today the appeal submitted by the governor of Kirkuk, article Necmettin Karim on the decision of parliament to remove him from office.

Read More: http://www.dinarupdates.com/showthread.php?54957-The-President-of-the-Republic-approves-the-removal-of-the-governor-of-Kirkuk

BGG ~ Whoa!! This stuff is getting real for these KRG actors. Karim has been the Gov. of Kirkuk for as long as I can remember. I bet he wishes he weren’t photographed sitting next to Barzani in those meetings the other day, helping him look all “presidential” and stuff. YIKES!!

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Recent Headlines…

Why didn’t Kurdish Forces Fight Back the Iraqi Invasion​ of Kirkuk?

BGG:

1) Because it wasn’t an invasion.

2) Because it wasn’t theirs to start with.

3) Because if they had the advance warning (as they insisted they did – and passed it to Maliki) regarding ISIS, why didn’t they fight back early on then – same reason??

A lot of Iraqis, Kurdish and Yizidi people paid a very dear price for all the political big-wigs letting this ISIS thing all play out.

4) Because if they don’t (fight back) – they stand to gain far more from the international community (they really should have inked the deal already – had Barzani been looking out for the interests of the people and not just his own@$$ ).

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Randy Koonce (Dinar Guru) –   …Iraq needs a currency. That is a fact. But, before they could address the needed currency, they first needed to get their country to a position of feeling safe. Stability and Security. So, the US agreed, and has assisted Iraq on clearing ISIS out of Iraq… Did that mean they had to do that in order to RV? NO! This was the preference of what IRAQ wanted to do, prior to establishing an international, valuable currency. So, the US also wanted the defeat of ISIS to be complete. For that reason, the next ‘Window’ for watching for a change in their rate will start on Tuesday, October 17, of this week and go to the end of the month.. The greatest pressure for this to happen will be this week… Please understand: There is NO back door on the time frame for the RV to occur. The pressure is coming from the Void of any money in Iraq. They need to get commerce moving, and increasing the value of their money will make that happen. …The RV will assist in furthering the whole Security and Stability issue.  So the pressure is on. Why do I give a ‘window’ verses an exact time? Because i do not control this thing. If I did, it would have happened a LONG time ago!…  [post 1 of 3….stay tuned]

Read more:  http://www.dinarupdates.com/observer
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follow Dinar Updates on twitterDinar Updates  –  Q & A Call  –  from BGG & Company – Oct. 17th – 8:00 PM  CST 641-715-3639 pin #528733

10/17 – Recorded Call Replay Link

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The Security Council commends the work of the Central Bank of Iraq

Economy news Baghdad: The UN Security Council, Wednesday praised the work of the Central Bank of Iraq and his administration in the fight against money laundering and terrorist financing.

Media Office Manager, Acer Jabbar in a press release received news economy “that” the Iraqi Central Bank Governor relationship in New York met with members of the UN Security Council of United Nations premises “, stating that” this meeting is the first of its kind in the world. ”

It was during the meeting to hear a detailed explanation about the Bank’s experience in combating money laundering and financing of terrorism and UN Security Council members commended the work of the Central Bank of Iraq and his administration during the current period and the accompanying of extraordinary circumstances Iraq is going through. ”

Read More: http://www.dinarupdates.com/showthread.php?54953-The-Security-Council-commends-the-work-of-the-Central-Bank-of-Iraq

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Tillerson tells Abadi Washington’s rejection of the referendum on Kurdish separatism

US Secretary of State Rex Tillerson told Prime Minister Haider Abadi Wednesday that Washington does not recognize the referendum of Kurdistan and it supports the steps of the federal government to impose the rule of law and supports the unity of Iraq and the steps of the federal government to avoid clashes and impose the rule of law.

“Prime Minister Haider al-Abadi received a telephone call from US Secretary of State Rex Tillerson,” the media office of Prime Minister Haider al-Abadi said in a statement received by Mawazine News.

“Washington does not recognize the referendum in the Kurdistan region, and it supports the unity of Iraq and the steps of the federal government in avoiding confrontation and imposing the rule of law,” Tillerson said.

He added that “the United States of America to take over the war against the promotion and liberation of all Iraqi territory is very important and supports the efforts of the Iraqi government to eliminate terrorism, in addition to reconstruction of liberated areas and support the Iraqi economy.”

For his part, Abadi stressed that “what happened in Kirkuk represents a redeployment to impose order in the province, which are legal and constitutional steps in order to prevent the division of the country and weaken it.”

“The federal government was keen on dialogue in accordance with the constitution, but the officials in the region did not respond,” he said, noting that “the priority is still for the battle with gangs calling for terrorism, which we are approaching to resolve and liberate the entire Iraqi territory and secure the border. is over

Read More: http://www.dinarupdates.com/showthread.php?54962-Tillerson-tells-Abadi-Washington%92s-rejection-of-the-referendum-on-Kurdish-separatism
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Iraq’s Role in Countering The Islamic State’s Finances

Ali Mohsen al-Alaq, the governor of the Central Bank of Iraq, discusses his organization’s efforts to cut off and isolate financial institutions in territory controlled by the Islamic State following the terrorist group’s creation in 2014. As authorities push IS out of its core territory, investigating and disrupting its remaining financial networks in Iraq can help weaken its ability to operate as a terrorist organization and insurgency.

WashingtonInstitute
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Urgent Peshmerga withdraw to the lines before the fall of Mosul 2014

BAGHDAD: A senior Iraqi military commander said the Peshmerga forces returned on Wednesday to the positions they controlled in June 2014 before the occupation of gangs and called for terrorist provinces in northern and western Iraq.

The Peshmerga returned to this line after handing over positions in the province of Nineveh on Tuesday, after it had taken control of more land during the war with Daash, which lasted for three years.

The commander of operations to impose security in Kirkuk announced today the completion of the imposition of security for the rest of Kirkuk and included the elimination of Debs and the area of ​​the Forum and the field of Khabaz and the field of Bay Hassan North and Bay Hassan South ”

She added,” The rest of the areas have been redeployment and control of Khanaqin and Jalawla in Diyala as well as redeployment and control On the district of Makhmour and his lover and the dam of Mosul and the area of ​​Awainat and Sinjar and the province of Rabia and some areas in the Nineveh Plain in the province of Nineveh. ”

Read more: http://www.dinarupdates.com/showthread.php?54961-Urgent-Peshmerga-withdraw-to-the-lines-before-the-fall-of-Mosul-2014
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Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDinar Updates  –  Q & A Call  –  from BGG & Company – Oct. 13th – 8:00 PM  CST 641-715-3639 pin #528733

10/13 – Recorded Call Replay Link

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Randy Koonce (Dinar Guru) –   If someone tells you that it is a pipe dream, just remember: Iraq’s Currency was 2.75 even with Sadam Hussien in charge. Also, it is a fact that the US promised to let them restore their currency, once the fighting was finished. And now, You say: “Ok! They quit fighting and US pulled out… leaving a void…and everything went to hell in a hand basket.” Yes, you are correct.  Obama did not want this to take place until Hillary lost the election… The only reason he did not pull the trigger on it sooner, was because Iraq wanted and needed a higher rate, and he didn’t want to give it.  Bottom line – It’s all been politics!… Speaking of Rate: We understand that Iraq has been given option to choose their Rate with Trump. So, the Range is 2.00 to 3.71. The only way to know what it will be, is wait until it comes out… Some say .10 cents and float it up…. Well, Kuwait did that and for that very reason, this will not happen. Kuwait had a government that operated better than Iraq does even today… And when Kuwait floated their currency, it hurt the progress economically of Kuwait. It went too high too quickly, and then on the way down, it nearly crippled the country until it finally stabilized around 3.60.   [post 2 of 3….stay tuned]

Read more:  http://www.dinarupdates.com/observer
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US report: Baghdad’s control of Kirkuk shattered Barzani’s dream

Baghdad today – The Iraqi army’s control of oil-rich Kirkuk has shattered the Kurds’ dream of an independent state at least in the near future. The new entity also faces strong opposition from Iran, Turkey and the Arab states, according to a report by the Center for Middle East Studies in Washington.

“Baghdad and Erbil can reach a compromise for the Kurdish crisis through negotiations after the end of the military operation in Kirkuk,” the center said in a report published on Monday evening.

The report revealed the existence of “an error in the calculations by both parties on the basis that the Iraqi Prime Minister Haider Abadi, expected to retreat Kurdish leader Massoud Barzani for the project of Kurdistan, moving towards Kirkuk yesterday, while the provincial president did not expect to resort to Baghdad Military solution “.

“Assuming that the military operation in Kirkuk is limited and will not develop into a long Arab-Kurdish conflict, Baghdad and Erbil need to begin planning for the future,” the report said.

“Now, amid Arbil’s desire for secession and Baghdad’s insistence on Iraq’s unity, there can be political and constitutional arrangements that will be a field of research between the two sides when they sit together to negotiate their future relations.”

The report also said that Erbil would not be able to establish an independent entity without Iran’s approval, given Tehran’s wide security and political influence in Iraq, Syria and Lebanon.

The conclusion of the report: “For Iran, the establishment of an independent Kurdish state means the existence of an entity of Israel on its borders .. Israel has confirmed this trend because it is the only country that supported the referendum for the separation of the Kurdistan region from Iraq.

Read More: http://www.dinarupdates.com/showthread.php?54965-US-report-Baghdad%92s-control-of-Kirkuk-shattered-Barzani%92s-dream

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Randy Koonce (Dinar Guru) –  So learning from the mistake that Kuwait made, the CBI said the ‘Float’ will be ‘Managed’… What does Managed mean?… if you look at the currency now and realize it has been this price for at least 10 years – that’s a Managed Float! … They control the rate…. they peg it off of the Dollar and the British Pound so that it will not move unless they want it to. Which is the reason they will need to RV the currency to get the rate they need…Are there any Laws that need to be passed before they let this go? NO!  Everything is just waiting on Iraq to do this ‘Thing’!  Do not get discouraged! Just put on your big girl panties (or big boy, as the case may be) and let this happen. Be happy about the timing… We are close. Every large bank will exchange.. RELAX the RV is coming... Breathe,,, Check www.cbi.iq every day to see if it has changed.  [post 3 of 3]

Read more:  http://www.dinarupdates.com/observer
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Reveal the contents of Tillerson’s message to Barzani ahead of the referendum

[Ayna-Erbil] – Kurdish news agencies published the text of a letter from US Secretary of State Rex Tillerson to Kurdistan Regional President Massoud Barzani before a referendum on September 25.
The letter included support for the United States for the negotiations between the governments of Erbil and Baghdad, which extends for a year to address all outstanding issues.

The text of the message: …

Read More: http://www.dinarupdates.com/showthread.php?54827-Reveal-the-contents-of-Tilerson%92s-message-to-Barzani-ahead-of-the-referendum&p=179690#post179690
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Adam Montana (Dinar Guru) –   When Abadi vs Maliki was happening, that was another major step for Iraq. Again, it wasn’t a promise of immediate RV, but let’s face it – a major change in value of the Dinar was never going to happen with Maliki at the helm. Maliki simply had no reason to act in Iraq’s best interest when he had such a huge ability to pilfer the system under his power. I firmly believe that Abadi is not like Maliki, and when he won that battle, our landscape changed for the better…but even that was not enough. There was still the issue of the HCL, which MUST be resolved before (or simultaneously with) an RV.   Now let’s look at today…this immediate point in time, where once again the rumor mills are churning and people are getting excited.  I’m going to make two specific statements right now, and I hope they stick:  1. None of the gurus can call the Date.   2. Despite #1 above, the current level of activity is not to be ignored. Things ARE happening.  [post 2 of 2]

Read more:  http://www.dinarupdates.com/observer
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Kirkuk: Asking the Next Big Questions

Will the Kurdish government join forces with the central Iraqi government in Baghdad to govern Kirkuk?

Before the ISF staged its operation, there had been rumors that the faction of the Patriotic Union of Kurdistan (PUK) party led by the Talabani family proposed jointly governing Kirkuk province with Baghdad. In seeming support of the rumors, the Talabani faction ordered Kurdish peshmerga fighters to withdraw and to allow ISF to retake some of the energy installations in the city. It’s still uncertain, however, if there’s a deal in place between the PUK and Baghdad to jointly manage the province’s government or its oil and natural gas resources. That a deal would exist makes sense given the longstanding divisions between the PUK and rival Kurdistan Democratic Party (KDP), which controls much of the economy in Iraqi Kurdistan.

Will Baghdad maintain control of Kirkuk’s oil exports?

It almost certainly will, at least in some capacity. For the last three years the Kurdistan Regional Government (KRG) has been able to export oil produced at the Bai Hassan oil field and the Avanah and Baba Gurgur formations of the Kirkuk oil field, given it had effectively appropriated and incorporated the fields into its own energy sector. The federal government is now in control of those fields and could use them in negotiations with the KRG. But, though Baghdad plans to rebuild its own pipeline to export oil from Kirkuk,
right now all export infrastructure from the city goes through Kurdish-controlled territory, which could complicate Baghdad’s ability to sell the oil Kirkuk produces. Baghdad, recognizing its constraints, could offer the KRG joint administration of the oil resources or continue transit contracts with it to distribute Iraq’s oil wealth. Alternatively, it could shut off production in Kirkuk to increase financial pressure on the Kurdish government. Thus, there’s the chance that Iraq’s northern oil exports — which amount to around 550,000
barrels per day — could decline by as much as 300,000 bpd. In the long run, Baghdad hopes to boost Kirkuk’s production to above 1 million bpd.

What will KRG President Massoud Barzani and his party, the KDP, do next?

The loss of control over parts of Kirkuk will weaken the KRG’s position, but it will weaken the KDP even more. Barzani was already facing criticism for extending his presidential mandate that originally was set to end in August 2015. Though he has supported parliamentary and presidential elections scheduled for Nov. 1, it’s not clear that they will actually be held. To rebuild some of his support, Barzani could tap into nationalistic sentiments by painting pro-PUK segments of the peshmerga, which withdrew from Kirkuk when Baghdad entered, as traitors and by holding fast to his calls for Kurdish independence from Iraq. It’s more likely, however, that the weakened KDP will reduce its demands on Baghdad to facilitate negotiations…

Read More: http://www.dinarupdates.com/showthread.php?54968-Kirkuk-Asking-the-Next-Big-Questions&p=179832#post179832
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follow Dinar Updates on twitterDinar Updates  –  Q & A Call  –  from BGG & Company – Oct. 10th – 8:00 PM  CST 641-715-3639 pin #528733

10/10 – Recorded Call Replay Link

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Kurdish list calls Barzani to apologize and end his “political life”

Baghdad today – The Kurdish new generation called on Monday for Barzani to apologize to the people of Kurdistan and immediately resign from his post, ending his political life, while threatening to resort to the street.

The list said in a statement that “Barzani and the leadership of the five ruling parties in the region must submit their resignations immediately, because they are the cause of the current situation,” indicating that “if the regional leaders did not recognize responsibility for these events, they will seek to move the street to end this government Failed “.

The list added that “the events of Kirkuk have shed the curtain on the situation in Kurdistan, and showed that the traditional parties have failed to deliver our people to safety, but on the contrary they put the Kurds in a dark spiral, and the failure in Kirkuk back to that political elite controlling the political life In Kurdistan since the early eighties of the last century. ”

According to the statement, “what is happening now is only the preliminary results of the referendum, which Massoud Barzani insisted on the September 25, 2017 with the help of political parties and their traditional leadership, and the exclusion of advice and suggestions of friends of our people at home and abroad and to make personal interests above the higher interests of the people of Kurdistan” .

The list demanded “the removal of the government of Najran Barzani, the acceleration of the formation of an interim government does not organize traditional political figures, and the new government in cooperation with the United Nations to prepare for the elections of the parliament of Kurdistan in accordance with international standards,” noting that “the Kurdish people face a serious dilemma, In which everyone will critically examine the new reality and hold accountable those responsible for these events. ”

Baghdadtoday.news

BGG ~ While I doubt very much Barzani jumps up and resigns today because one of the fringe opposition parties says he should…

…this is exactly the developing narrative I outlined from very early on. This referendum had NOTHING to do with Kurdish independence and EVERYTHING to do with KRG internal politics.

All of which is why you saw the Gorran/PUK support for the vote softening in the last week leading up to the referendum. They had it figured from very early on. They had an idea of what the U.S. deal looked like. They knew Barzani passed on their GOLDEN TICKET. Why? Simple.

The Kurdish GOLDEN TICKET didn’t include Barzani as the regional President anymore… in fact, the documents referred to his role “post-Presidency”. It looks like, at this point, he had no intention of bowing out of the KRG ruling class during this next electoral cycle. It was all lies.

Let’s see which way he jumps next.

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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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