Dinar Daily NEWS Blog – Aug. 28th

Iraq’s Maliki sidelined as Kurds and Sunnis seek Sadr coalition

Sadr’s Sairoon bloc says it expects deal to establish biggest alliance in parliament

Iraq’s Kurdish and Sunni blocs have expressed their willingness to form a coalition with election winner Moqtada Al Sadr, an indication that former Prime Minister Nouri Al Maliki, who is seeking power, could lose his grip over the country’s political scene.

Mr Al Sadr’s Sairoon bloc and Mr Al Maliki’s State of Law coalition have been competing to strike a deal with the Kurdistan Democratic Party (KDP) and the Patriotic Union of Kurdistan (PUK) as well as Sunni blocs to establish the biggest ruling alliance in parliament.

“There are signs of agreement between the Kurds and the Sunnis to ally with Sairoon,” Raed Fahmi, a prominent politician in Sairoon’s bloc said on Sunday.

Yet, Kurdish parties will play a central role in the formation of the next government as they collectively secured over 40 seats in the May elections. They have yet to officially announce their alliance.

The Kurdish parties have set conditions for allying with the major blocs, PUK leader Arez Abduallah said in a statement.

“Our conditions are constitutional and include the existence of a government with a true national partnership that is in balance with the constitution,” Mr Abduallah said, adding that his party will ally with the bloc that is “consistent with our political vision”.

The development is seen as a blow to Mr Al Maliki’s efforts as he seeks to gain support from the northern Iraqi parties. During his time in power, he was criticised for alienating Sunnis and Kurds by excluding them from key positions and undermining power-sharing in Iraq.

Read More: Dinarupdates.com “Current Iraq News Thread”
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BGG ~ Where are we with this investment?

It’s something I get asked all the time. So many have been wrong – me included.

Here are some thoughts on the current situation that may help some folks. So many say the politics don’t matter to the currency. This isn’t exactly accurate. The politics impact the economy… Iraq’s currency is, by many astute accounts, “grossly undervalued”. A basic definition of currency? It is a promissory note on the underlying economy of the country.

I am assuming any governing body with say in this matter is going to refrain until the results are final and a government transition is made or is being made. Just my thinking.

How is this formation coming along? There are now two main groups competing for the chance to form the next GOI.

On one side you have the “Nucleus” of Sadr, Abadi, Hakim and Allawi… roughly 136 seats (the largest bloc will need at least 165). Abadi seems to be the clear favorite from this group to lead for another term.

On the other side there is Ameri and Maliki with 73 seats – it seems to me, most of the delay has been from this side of the aisle. They have burned ballot boxes (Maliki, that is…) cried fraud, stalled, steered, stared and stalked over and over.

Why? They need to delay things long enough to cause some drama and along the way figure out how to patch together some kind of wicked alliance that will get them to 165.

The remaining players (still in play and up for grabs) are the KDP with 25 seats, the PUK with 18 seats and the “National axis” created just recently of middle of the road Sunnis – Nujafi, etc, etc, etc… who have roughly 20 seats. These three groups (the KDP, PUK and the Axis) appear to have entered into some kind of loose negotiating alliance with one another.

Whichever side attracts this group or part of this group, probably wins.

(See this source article: http://www.rudaw.net/english/middleeast/iraq/150820181)

Barzani has been making noise that he and Maliki are the closest. This doesn’t surprise me. These two have been in some hinky, crooked alliance going way back.

However, there is also news the Sunni “axis”, with those roughly 20 seats are already about to join the “Nucleus”… if this is true… and if the recent news of Sadr and Abadi making big concessions in Kurkuk to the Kurds (not to the Barzani family directly)… is accurate… well, from there the electoral math for Ameri and Maliki gets very, VERY difficult. I’ll leave you to your calculators.

When? No clue – but all of the above is why Abadi has been pushing for a quick resolution. Sooner is better for them and worse for the bad actors. Speaking of which – it would also not be impossible for a late stage defection of Ameri to the “Nucleus”… it’s on the table. When he gets the idea it’s inevitable, he may well move.

As a footnote: one more bad move by Barzani (as in; the referendum) landing him on the wrong side of history with his hand in the cookie jar… might well get he and the KDP HAMMERED in the free and fair KRG elections supposedly coming in September – which you can bet will be overseen by the UNHRC (the UN).

In fact, the PUK (Barzani’s counterparts in Kurdistan) might well allow Barzani to make such a move and then split from him – aligning with Sadr and Abadi… If this happens, it’s a slam dunk for the “Nucleous” without Barzani. It would also probably doom Barzani and the KDP in the fall. Not an impossible scenario.

Short story: I am very encouraged with what we are seeing in the news right now. It’s no guarantee of anything right away – but it looks like some big moves being in the right direction.

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MilitiaMan (Dinar Guru) –   RE: Exchange Rates:    …they are Paring the IQD with Global Currencies. They are not just local or regional ones they are paring with the USD, AUD, CND, JPY, BP, etc.. This site is a reputable site out of the UK.   …They are showing their patrons that they are going to have quotes for the IQD.  Well once they change the rate from a program rate the game changes and in a big way, imo..  We have been told that the IQD would go Global… Well here is a venue that supports that they are about to do so. ~ imo ~

https://www.exchangerates.org.uk/Iraqi-Dinar-IQD-currency-table.html

Read more: http://www.dinarupdates.com/observer/
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Peshmerga can return to Kirkuk – if Kurds join Sadr-Abadi bloc

ERBIL, Kurdistan Region – Iraqi parties are busy building alliances which could soon form the basis of the country’s next government. To persuade the Kurdish parties to join its bloc, Iraqi PM Haider al-Abadi’s Nasr (Victory) alliance has offered to cut a deal on Kirkuk.

“Kirkuk is a Kurdish, Arab, Iraqi city,” Ahmed al-Hamdani, a high ranking Nasr official, told Rudaw. “We agree for the Peshmerga to return Kirkuk, as they bravely fought side by side with our forces to repel ISIS from Iraq.”

There was “good coordination between Kurds and Arabs and there is no damage to be incurred if the Peshmerga are our partners,” he added.

Last week, the Sayirun alliance – led by firebrand Shiite cleric Muqtada al-Sadr – teamed up with Abadi’s Nasir, the Hikma Front, and Al-Wataniya to form the core of a parliamentary bloc. If the alliance can win over the Sunni and Kurdish parties, it is well placed to form a governing coalition.

Concessions on Kirkuk – often referred to as the ‘Kurdish Jerusalem’ – could seal the deal.

The Kurdistan Democratic Party (KDP) and the Patriotic Union of Kurdistan (PUK) have prepared a 30 point agenda for government formation talks – among them a resolution to the Kirkuk question.

The Peshmerga, which defended Kirkuk from ISIS in 2014, was forced to withdraw from the disputed province when it was seized by the Iraqi Army and Hashd al-Shaabi Shiite paramilitias on October 16, 2017.

According to Article 140 of the Iraqi constitution, the dispute over whether the ethnically mixed province ought to belong to the Kurdistan Region or remain part of Iraq is supposed to be settled in a referendum.

Under their negotiation terms, the Kurdish parties have called for the contested city to be run jointly between Erbil and Baghdad until the Article 140 is implemented.

“Article 140 is a constitutional article. The Kurdistan Region has the right to be administratively present in Kirkuk, as how it is the right of the Iraqi government to maintain a military and administrative presence in it, until the fate of the Article 140 is decided on?” Mahmoud Mohammed, KDP spokesperson, told Rudaw.

Masum meets KDP-PUK delegation

Fuad Masum, the Kurdish president of Iraq, met with a joint KDP-PUK delegation on Sunday to discuss moving negotiations forward and to prepare for the first parliament session. Under the constitutional timeline, this could be just days away.

The KDP and PUK, which together secured 43 seats in the Iraqi parliament, have been locked in several weeks of talks to agree a shared platform before entering negotiations with their Iraqi counterparts. This way they hope to secure the best possible deal for the Kurdish people.

Abdulla, Aliyawai, an advisor to Masum, told Rudaw the president has met with almost all of the winning parties.

The KDP-PUK delegation will pay another visit to the Iraqi capital on August 29 to meet with Iraqi parties, he said.

Read More: Dinarupdates.com “Current Iraq News Thread”
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BGG ~ If you need a quote to buy Dinar – Please leave me a message on voicemail, send a text (615-509-6256), an e-mail or FaceBook message me. These all work.

Our Current Sale Price is $995 per million.

www.TheDinarExchange.com

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Kaperoni (Dinar Guru) –   The truth is the CBI will float the currency and allow it to appreciate gradually as investment comes into the country.  Once they make that decision it could take 6 months to a year to get to a level that we are all excited about. We have documented this for years…

Read more: http://www.dinarupdates.com/observer/
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Sadr’s success in forming the largest bloc means the elimination of Maliki’s status!

Baghdad today – The success of the leader of the Sadrist movement Moqtada al-Sadr and his allies to form the largest bloc and the new government, which needs only 28 parliamentary seats, means the “loss” of the leader of a coalition of law Nuri al-Maliki for his political status in Iraq, the newspaper said. Pointed out that the Kurds have directed a “blow” to Maliki’s efforts in forming this bloc.

The newspaper said the United Arab Emirates in its report written in English and translated (Baghdad today), that “the bloc of Asron of Sadr says it expects to reach an agreement on the formation of a larger coalition in parliament,” noting that “the Iraqi Kurdish and Sunni blocs expressed their desire to form a coalition with the winner Moqtada Sadr, an indication that former Prime Minister Nuri al-Maliki, who seeks power, may lose his place in the political arena of the country. ”

She added that “the bloc of Asrun compete with the coalition of the rule of law, led by al-Maliki to conclude an agreement with the Kurdistan Democratic Party and the Patriotic Union of Kurdistan (KO-Nu) as well as the Sunni blocs to establish the largest coalition in parliament.

“There are signs of an agreement between the Kurds and the Sunnis on the alliance with others,” Thenational quoted Raed Fahmi, a leading politician in the Asroun bloc, as saying…

Read More: Dinarupdates.com “Current Iraq News Thread”
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Currency365 (Dinar Guru) –   “The Iraqi Islamic Party announced Saturday its support for the nomination of Haider al-Abadi for a second term at the head of the next government.”  …looks like @HaiderAlAbadi got an endorsement…

Read more: http://www.dinarupdates.com/observer/
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BGG (Dinar Guru) –   Article:  “After Abadi, Maliki and Fayyad, Maasoum met with Amiri on the largest bloc”    The only thing you can be certain of, from this article – is that everyone is meeting with everyone in Iraq.  Massoum met with Abadi…then with Ameri…then with Faleh al-Fayadh (national security advisor to Abadi)…and at some point he met with Maliki…None of which means all that much. Massoum mainly has a direct hand in the timeline. He establishes the first meeting of Parliament which is a marker for the formation of the new GOI.  The most curious wording was that Abadi’s main thrust was just to get it moving. He and Sadr seem confident they have the biggest bloc – else why push for this quick formation?

Read more: http://www.dinarupdates.com/observer/
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Kaperoni (Dinar Guru) –    The truth is the CBI will float the currency and allow it to appreciate gradually as investment comes into the country.  [When please?]  I expected [expect it?] yet this year.

Read more: http://www.dinarupdates.com/observer/
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Some interesting headlines…

Iraqi Sunnis form ‘National Axis Alliance’ to have voice in new government

Iraqi President urges new lawmakers to quickly hold first session

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URGENT Member of wisdom: National axis may join the larger bloc next week

Member of Wisdom: National Axis may join the larger bloc next week

(Baghdad: Al-Furat News) Rajah member of the National Wisdom Movement Mohammed al-Husseini joined the National Axis of the largest bloc next week.

“The features of the formation of the largest bloc existed before the meeting of the Babylon Hotel, and other than that is the words of media,” he said, adding that “welcoming any demands within the roof of the Constitution and the law and otherwise are rejected.”

He pointed to “the adherence of some political forces to certain demands and positions,” pointing out that “there is Kurdish flexibility and we believe that the demands will be according to the Constitution.”

Husseini added that “any demands that violate the constitution will open the door of external intervention and produce a fragile government,” noting that “the coming days will produce a big event to help us quickly form the largest bloc,” explaining that “next week the nucleus of the largest bloc will be five and may join the national axis ” He said.

“We do not want to form a government on the basis of partisan and partisan interests, and there is no alliance in the political arena is greater than the alliance of the nucleus of the largest bloc.” He pointed out that “we are heading to form a national majority and can not be achieved without the Kurds and other representatives of social components, “We do not have red lines on anyone, but we put them against any alliance or sectarian and national bloc, because we will return to the previous failed experience in the participation of everyone in the government and everyone opposes it.”

Read More: Dinarupdates.com “Current Iraq News Thread”
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A new alliance brings Abadi back to a second term and excludes Amiri and Maliki

Baghdad / The US administration, through the envoy of its president, Brett McGurk, who has been in Iraq for some time, exerted great pressure on the heads of the winning lists in the elections, which led to the approval of the re-nomination of Prime Minister Haider Abadi for a second term and contributed to the removal of the head of a coalition of state law Nuri al-Maliki and the head of the Fatah alliance Hadi al- National Security Faleh Al Fayad from the circle of competition.

The winning forces announced in the elections that they seek to form a parliamentary alliance transcending sectarianism ensures participation of all in the new government after a series of meetings and meetings managed to resolve the distribution of many positions and sites.

According to a member of the General Authority of the current wisdom of Nizar Sultan in a statement to (the extent) that “the international pressure affected the movement of political forces and identified the features of the largest parliamentary bloc and the candidate for the presidency of the new government,” revealing that the envoy of US President “worked over the past days to unite the ranks of Kurdish forces Sunni and re-elected Abbadi for a second term. ”

McGuck arrived in Iraq and held a series of meetings with the winning lists in the elections in preparation for the announcement of the largest parliamentary bloc and the decision of the prime minister.

The Sultan added that “the representative of the American President discussed with various forces the possibility of restoring confidence in the head of the current government or the nomination of a personal close to the directions of Abadi,” asserting that “these hints helped the US to remove Nuri al-Maliki and Faleh Fayyad and Hadi Amiri competition for the presidency of the next government” .

Two teams of Shiite forces are fiercely vying for the post of prime minister, the first representing others with wisdom, the second conquest and the rule of law, which has delayed the formation of a coalition of parliamentary powers.

“The success of any future stable government for the next four years depends on the participation of others and Fatah and armed wings within them,” he said, revealing “the existence of efforts to convince the President of the Fatah alliance Hadi al-Ameri to enter the four-alliance alliance, which lists the others, wisdom and victory, “He said.

The coalition, backed by the Shiite leader Moqtada al-Sadr and the National Coalition headed by Iyad Allawi and the stream of wisdom led by Ammar al-Hakim, have signed on the seventh of June, the document “Principles of the political program of the alliance of national majority patriarchal.”

The Sultan pointed out that “Eid holiday will witness mobility of the four lists with the other parties to resolve all the implications on the dates of the formation of the Great Bloc,” noting that “Abadi has a great chance to assume the presidency of the new government.”

The Sultan predicts that “the announcement of the formation of the largest parliamentary bloc will be after the Eid holiday,” stressing that “the talk behind the scenes between the lists close to resolve their alliances revolves accurately on the distribution of positions and sites.”

The parties in the stream of wisdom has confirmed to (the extent) recently, the existence of surprises will be announced after the holiday holiday.

In turn, the secretary of the Central Committee of the Communist Party of Iraq Raed Fahmi told (the range) saying that “the lists of victory and Suron and wisdom and the National Coalition agreed to put the terms of the general principles of the form of the coalition, which is ready to announce in the coming days,” pointing out that ” True of the largest parliamentary bloc. ”

The results of the elections that took place on May 12, the victory of the coalition (Sadr), led by the Shiite cleric Moqtada al-Sadr with civilian forces and the Communist Party ranked first after winning 54 seats, while the list of the opening led by Hadi al-Ameri ranked second with 48 seats, Which is led by Haider Abadi with 42 seats.

He adds Fahmi that “parties in the Union of Iraqi forces and another Kurdish will announce its accession to the alliance lists the four (wisdom and ascendance, victory and patriotism),” stressing that ”

In the midst of these events, the leader of the Sadrist movement Moqtada al-Sadr arrived in Baghdad and held a number of side meetings with some blocs and lists in order to accelerate the resolution of the formation of the new alliance.

On the other hand, the winning candidate for the alliance of victory Adnan al-Zarfi that “the four lists have gone a long way of negotiations and reached the advanced stages to form the largest bloc.”

The Federal Court on Sunday ratified the final results of the House elections. Al-Zarafi said in a statement to the (range) that the coalition of the decision and the Union of Iraqi forces and other parties will announce their accession to the four lists to form the largest bloc number, “stressing that the prospective coalition did not form on the basis of sectarian or sectarian.

Read More: Dinarupdates.com “Current Iraq News Thread”
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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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If you found this blog, our website or chats helpful – Forward it to a friend!! We couldn’t do it without you!!

Thanks – BGG!!

www.DinarUpdates.com

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