Digital Media: Cancellation of European sanctions on the Central Bank will activate the PayPal service officially

Al-Alsumaria News / Baghdad – The Center for Digital Media, on Thursday, that the abolition of European sanctions on the Central Bank will activate the service of PayPal officially in Iraq .

The Center said in a statement received by Alsumaria News a copy of it, “The abolition of European sanctions on the Central Bank of Iraq will make it a reliable financial institutions to deal with European institutions and thus eliminate the obstacles to activate the services of PayPal officially in Iraq.”

“PayPal is considered the best and most popular bank in the world, providing users with digital financial services. Thousands of e-shops and e-commerce sites support PayPal, which was established in 1998 and supports Arab countries – Qatar, Oman, Yemen, Kuwait, Jordan, Saudi Arabia, Algeria, Egypt, Tunisia, Morocco and Somalia. ”

The Central Bank of Iraq announced on Thursday that it was officially released from the list of EU sanctions, pointing out that it has become a reliable financial institutions dealing with European international institutions.

Article Credit: Alsumaria.tv
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BGG ~ If you would like 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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Sadr and al-Amiri agree on the nomination of this figure for prime minister

(Watan News) – The list of Shiite candidates for the post of prime minister includes seven names, but the most fortunate among them so far is Adel Abdul Mahdi, a veteran Iraqi politician who has already occupied several sites after 2003, including the oil minister and vice president .

The sources said in a press statement followed by (Watan News) that “the leader of the Sadrist movement Moqtada al-Sadr, a supporter of the coalition, who continue to participate in the formation of the bloc of reform and reconstruction parliamentary, found in Abdul Mahdi, a suitable candidate at this stage to succeed Abadi and managed to convince the leader of the Fatah alliance Hadi al-Amiri support .

Although the sources say that “these nominations are still preliminary, but they confirm that Sadr and Amiri are trying to use the opinion of the Shiite reference represented by Sistani in the nomination of Abdul Mahdi .”

Article Credit: Wataniq.com
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Kaperoni (Dinar Guru) – …If your expecting some overnight event your mistaken.  There are many experts that predict the dinar could take 6 months to a year to rise to a level equal with a dollar once they begin to float. Keep in mind it will be directly related to how fast foreign capital comes into the country through the cbi’s capital account…

Read more: http://www.dinarupdates.com/observer/
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The Central (Bank) poses large amounts of small currency

Confirmed its continuation by replacing the damaged amounts

Baghdad / Sabah – The Central Bank of Iraq intends next month, to put large amounts of local currency, small groups, while continuing to receive the currency damaged by citizens and replace it (with) New.

The Governor of the Bank, Dr. Ali Alalak in a meeting with the “morning”, will be published later: “The Central Bank of Iraq, the development of a plan to compensate the market small categories of local currency, as will be next month large quantities and huge ones,” noting that ” Will meet the need of the local market for those categories of currency. ”

He added that “the bank continues to receive local currencies damaged by citizens and replace them with new currencies,” revealing at the same time, “the existence of a specialized committee to examine the damaged papers to ensure the integrity of fraud
and manipulation.”

Read More: Dinarupdates.com “Current Iraq News Thread”
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Follow us on twitter @DinarUpdates !!

Dinar Updates – Conference Call
BGG & Company from Aug. 28th
CST 641-715-3639 pin# 932875
Replay Link – https://d.pr/WczPbF

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Dagher: $ 58.7 billion in Iraq’s hard currency reserves and 89 tons of gold

Economy News Baghdad – The director of financial operations and debt management at the Central Bank of Iraq, Dr. Mahmoud Mohammed Dagher, that Iraq’s foreign currency reserves amounted to 58.7 billion dollars, noting that the net reserves of the Central Bank of 48.3 billion dollars, and the rest is the balance of the Ministry of Finance at the bank.

“It is natural that all the countries in the world hold financial assets, namely bonds and remittances, especially the US, because they are highly reliable and easy to compare with other assets,” Dagher said in an interview with Al-Sabah Al-Jadeed newspaper.

He added that “the bank’s reserves of 48.3 billion dollars distributed across eight countries to preserve the risks and comes in the forefront of the United States, Switzerland, France and Britain, while the distribution of these reserves on several types, including cash and bonds and gold,” noting that “Iraq has 89 tons of gold And the depositor in London. ”

“We can have a dollar bond and can change it into bonds in the pound sterling, euro or yen, but you can buy gold, and we have US deposits in dollars. All of these items are in our possession,” he said.

“The citizen has the right to replace the local currency (dinar) in the US currency (dollar) through the window of the currency, which was called (auction currencies) to finance the import and this is applicable in all countries of the world, because the government alone has a dollar of exports Oil, and in return the dinar is withdrawn to pay salaries and finance projects in the sectors of construction, agriculture and industry.

He pointed out that “the Iraqi citizen can now travel for treatment or rest and recreation or even the acquisition of housing, all through the replacement of the national currency in foreign currency in the case of any citizen in any country in the world, while this was prohibited in the time of the former regime.

The director general of financial operations and debt management that “we funded the projects through banks, and here was the inability of contractors to pay the loans granted to them, because the government originally did not meet their obligations and did not pay the amount of the value of these projects and therefore the deficit, but the government “It started to pay off its contractors in 2017.”

And the deletion of the three zeros of the Iraqi currency, he replied Dagher that “this issue purely technical and has nothing to do with the rise or fall of prices, and we are in the form of coins in our future projects, although it is high cost, but it is longer in circulation, The central bank will inject the paper currency category 250 and 500 dinars to the local market in quantities that eliminate the existing health to be within the reach of the citizen to trade.

Read More: Dinarupdates.com “Current Iraq News Thread”
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Mnt Goat (Dinar Guru) –   Okay so once the prime minister is elected, they will have until mid Oct to get the reinstatement done. If they decide not to do it we may as well relax because we are waiting until EARLY 2019. I am telling you this now because I have knowledge of target dates already to get this done. I have a direct source in the CBI and we completed a recent long conversation over this issue of timing for the reinstatement. Again they reinforced to me that when we see the re-education process begin about the new smaller categories, this will be our signal they are going forward. If we don’t see it then we are in the window of 2019.

Read more: http://www.dinarupdates.com/observer/
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Kaperoni (Dinar Guru) – The CBI is reprinting some denomination including the 250, 500, 1000 dinar as many are worn out from years of neglect.  Has nothing to do with RV or RI as gurus would like you to think. Why won’t the CBI RV or RI  the Iraqi dinar?  The primary reason is the CBI needs a tool to counter inflationary pressure created by a large influx of investment capital.  As already announced by the CBI the dinar will be globally traded.  It must float. The world sets a countries currency value. Supply and demand.

Another reason is the CBI wants to end the daily currency auctions.  To do so, they must have an alternative to generate revenue.  The CBI profits from the buying/selling of currency. And lastly because the IMF said so.  Despite what the gurus say the IMF made it very clear…”staff encourages the authorities to create the conditions which would make possible a move to a more flexible…exchange rate policy. Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect”…The IMF is clearly talking about a float…

Read more: http://www.dinarupdates.com/observer/
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Kaperoni (Dinar Guru) –  “Breaking: While PM Haider Al-Abadi gave (Apparently) farewell speech to his office, Moqtada Sadr announced an agreement to nomination “independent & technocrats” candidates for the new #Iraqi Prime Minister position”   Does not look like current PM Abadi will be nominated for another term. 

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

Al-Nasr: Abadi remains the strongest candidate for the new government

(This is recent – as of today. I’m not sure I believe it… just reporting what is being floated)

Sadr awakens Abadi from the dream of the second state and dispels Maliki’s hopes of the largest bloc

(I’m not sure I care – as long as Maliki isn’t in the new GOI)

US report: Abadi has become outside the race to form a government

Saadi calls for a legislative revolution in parliament after the election of his presidency pave the way for the trial of the big corrupt

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We will announce soon the formation of a new alliance of the largest bloc with the conquest and reject the accession of the rule of law

Baghdad today – Baghdad – “The coalition of the rule of law, led by al-Maliki, will be outside the circle of the new alliance between Saheron and Al-Fath Alliance, headed by Hadi al-Amiri and planned to take place soon,” said Ghayeb al-Amiri, a deputy of the alliance of the Sadrist Alliance, backed by Sadr’s leader Moqtada al-Sadr.

Al-Amiri said in an interview with “Baghdad today,” that “the negotiations are still ongoing between the Alliance and continue to open for the formation of the largest bloc,” noting that “the coming hours and perhaps the next two days will be announced the alliance of the largest bloc between Ssron and Fatah.”

He added that “the next government without Souron and Fatah will be weak and vulnerable to collapse at any time, so their presence strengthens and strengthens the government.”

He pointed out that “a coalition of state law will be outside the framework of the new alliance, because there is (a person) is not welcome by everyone.”

The Secretary-General of Asaib Ahl al-Haq, the leader of the conquest, Qais al-Khazali, confirmed on Saturday (September 8, 2018) that the consensus between the alliance of the conquest, led by Hadi al-Amiri, and the rest, supported by the leader of the Sadrist movement Moqtada al-Sadr, “means the stability of Iraq.”

“The recent statement by Mr. Moqtada al-Sadr came at the right time to address the current situation and is in line with the initiative of the opening to the terms of reference in the selection of the prime minister and the cabinet cabinet,” Khazali said in his Twitter account.

He added that “the consensus of the conquest and the rest means the stability of Iraq and the success of the next government to meet the demands of the people, and will not be correct.”

This comes at a time when the alliance, “Saron” backed by Sadr, the Prime Minister, the leader of the victory coalition, Haider Abadi, and his government, to resign, in a remarkable development of relations between the two sides.

In the meantime, Faleh al-Khazali, MP of the alliance, “the conquest” led by Hadi al-Ameri, on Sunday (September 9, 2018), that the negotiations are still continuing with the alliance are continuing to form the largest bloc and the next government, while welcoming the accession of the rule of law to the coalition the new.

“There is a great rapprochement between Saher and Fatah, in terms of not renewing the term of current Prime Minister Haider al-Abadi, and believing in the failure of the current government to serve Iraq and its people,” Khazali said in an interview with Baghdad today.
He added that “the dialogues are still ongoing between the people and the opening, and must rise to a high level in order to announce the largest bloc to form the next government, and solve the problems and suffering of Iraqis in Basra and other provinces.”
He stressed: “We are keen to be a comprehensive government program for all, noting that” whoever believes in the project of building the state, whether the rule of law or other is welcome. ”

The Secretary-General of Asaib Ahl al-Haq, the leader of the conquest, Qais al-Khazali, confirmed on Saturday (September 8, 2018) that the consensus between the alliance of the conquest, led by Hadi al-Amiri, and the rest, supported by the leader of the Sadrist movement Moqtada al-Sadr, “means the stability of Iraq.”

Article Credit: Baghdadtoday.news

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Rival Iraqi factions make coalition deal and end Al-Abadi’s prime minister hopes

BAGHDAD: Pro-Iran parties in Iraq reached a deal on Thursday to join a parliamentary coalition overseen by anti-Tehran cleric Muqtada Al-Sadr that ends Haider Al-Abadi’s hopes of hanging on as prime minister.

The compromise means members of the ruling Shiite Dawa Party will be excluded from competing for the post to lead the next government, negotiators involved in the talks told Arab News.

Al-Abadi, the head of Dawa’s political bureau, who was looking to win a second term, was the biggest loser in the deal. Nuri Al-Maliki, the former Iraqi prime minister and head of the State of Law coalition, who was hoping to play a key role in nominating the new head of government also lost out.

Iraqi’s Shiite rivals have been frantically competing to form the largest parliamentary coalition, since elections in May.

Muqtada Al-Sadr, one of the most influential Shiite clerics, whose Sairoon list came first, formed a 154-seat coalition including Al-Abadi and his Al-Nassir list.

——

At the same time, Hadi Al-Amiri, who heads the pro-Iranian Al-Fattah list, formed a coalition of 108 members, including Al-Maliki and his State of Law alliance.

Both Al-Sadr and Al-Amiri tried to register their coalitions in the first session of parliament on Sept. 3. The federal court had been requested to rule between them.

Violent demonstrations broke out in Basra, Iraq’s main oil hub, shortly afterwards. At least 15 demonstrators were shot dead, scores wounded and dozens of government and political party buildings set on fire, including the Iranian consulate.

Some political leaders saw the violence as an attempt to pressure negotiations in Baghdad, and Al-Sadr agreed to resume negotiations with Al-Amiri.

Several meetings were held between the two men in the last week at Al-Sadr’s residency in the holy city of Najaf, sources said.

“We have reached preliminary understandings with Al-Sadr and are working to turn them into agreements under the umbrella of Marjiyaa (the highest Shiite clerics in Iraq),” a key Al-Fattah negotiator told Arab News.

“Both Abadi and Maliki are out. Abadi is a part of the (new) coalition but he is not a candidate for the prime minister post.

“Amiri also is not a nominee anymore. As long as Abadi will not be nominated (by Sadr or his allies) then Amiri will not be nominated.”

The offer, which was presented by Al-Fattah through the UN delegation in Iraq, suggests that both Al-Sadr and Al-Amiri had to make some concessions to form the coalition.

Al-Abadi as a candidate for prime minister and Al-Maliki and his alliance as part of the coalition were sacrificed for the agreement, negotiators told Arab News.

Both men are cornerstones of the Dawa Party and have been the heads of successive governments since 2005 but they had a bitter fall out in 2014. Al-Abadi stood in as a compromise candidate for prime minister when Al-Maliki’s nomination for a third term was widely rejected because of his sectarian policies. Those policies were blamed for fueling the resentment that allowed Daesh to seize a third of Iraqi territory.

“Everyone is angry at the Dawa Party and they blame its leaders for what happened in Iraq since 2005. So it was not difficult to abandon it and its candidates,” a negotiator for Al-Sadr’s alliance said.

Al-Abadi’s nomination for the prime minister post had been backed by Al-Sadr and Ammar Al-Hakim, the head of Hikma, who controls 22 seats and is one of Al-Sadr’s key allies.

Both invested a large effort in promoting Al-Abadi during negotiations with the other blocs. They said he had not enough time to achieve his program in government because the first three years of his last term were dominated by fighting Daesh, the sources said.

“The problem of Abadi is he has not helped himself and has not helped us. He was creative in making mistakes along the last six months and his negotiating and media teams are weak,” a second Al-Sadr negotiator told Arab News.

“Now we have to find a candidate who is acceptable for Iran, the US and Najaf.

“Najaf is deeply involved this time and they (the clerics) have been using Sadr as their stick to pressure the political rivals.”

Najaf is led by Grand Ayatollah Ali Al-Sistani the most revered Shiite cleric. The city’s clergymen are seen by Iraqis as the sponsor of the political process that emerged after the 2003 US-led invasion that toppled Saddam Hussein and allowed the majority Shiites to take the reins of power through elections.

Sistani has been reluctant to interfere directly in the political process, but on Monday he made a rare intervention that changed the course of forming the next government.

Sistani’s office issued a statement saying he refused the nomination for the post of prime minister any politician who had previously exercised power.

“Abadi is out. That’s it. None of us would publically challenge the desire of Sistani,” a senior Shiite politician involved in the talks told Arab News. “We have many other more important things to worry about, so we moved on.”

The final decision over all the details related to the new ruling coalition and the nomination of the next government, including the president, the speaker of the parliament and the prime minister have to be concluded before Sept. 15.

Iran and the United States, the two main international players in Iraq’s political and security scene since 2003, seem to have agreed on this scenario, three negotiators from the various sides told Arab News. The US has backed Al-Abadi for a second term while Iran saw him as a threat to its interests in Iraq specifically after he announced his support for the economic sanctions imposed on Iran since Donald Trump withdrew America from a nuclear deal between Iran and world powers.

“It becomes clear for the Iranians that going without Sadr is not in their interest and that they have to deal with reality,” a key Al-Sadr negotiator told Arab News.

“The reality indicates that Fattah cannot form a government, which would be accepted by local, regional and international forces. The US would topple it within weeks.

“The Iranians do not have the ability to open a front against the Americans in Iraq, so they are satisfied by the blow that they directed to the Americans by burning Al-Abadi.

“Now, they (the Iranians) have decided to step back to let Sadr and the Americans to lead the negotiations and form the new coalition.”

Article Credit: Arabnews.com

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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

Wisdom reveals the near declaration of the two Kurdish parties joining the alliance of the nucleus

BAGHDAD / The deputy of the wisdom movement, Ali al-Badiri, on Monday, close to the completion of understandings and rapprochement with the two Kurdish parties, pointing out that the next few hours will see the announcement of the accession of the two Kurdish parties to our alliance.

“The alliance of the core of the largest bloc agreed with the two Kurdish parties, both the Kurdistan Democratic Party and the Patriotic Union of Kurdistan, this has nearly reached completion and convergence and understanding with them is more mature than before.”

He said, “In the next few hours we will announce the accession of the two Kurdish parties to the alliance nucleus of the largest bloc, and we try to be a complete bloc in the parliament session on Saturday.”

It is noteworthy that the alliance of the nucleus, which includes others led by Moqtada al-Sadr and the wisdom led by Ammar al-Hakim and the national leadership of Allawi and the coalition of the decision led by Osama Najafi had announced on Sunday that there are understandings up to the announcement of the alliance with the Fatah alliance led by Hadi al-Ameri, head of the Badr Organization.

Article Credit: Aynaliraqnews.com
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Dagher: $ 58.7 billion in Iraq’s hard currency reserves and 89 tons of gold

Economy News Baghdad – The director of financial operations and debt management at the Central Bank of Iraq, Dr. Mahmoud Mohammed Dagher, that Iraq’s foreign currency reserves amounted to 58.7 billion dollars, noting that the net reserves of the Central Bank of 48.3 billion dollars, and the rest is the balance of the Ministry of Finance at the bank.

“It is natural that all the countries in the world hold financial assets, namely bonds and remittances, especially the US, because they are highly reliable and easy to compare with other assets,” Dagher said in an interview with Al-Sabah Al-Jadeed newspaper.

He added that “the bank’s reserves of 48.3 billion dollars distributed across eight countries to preserve the risks and comes in the forefront of the United States, Switzerland, France and Britain, while the distribution of these reserves on several types, including cash and bonds and gold,” noting that “Iraq has 89 tons of gold And the depositor in London. ”

“We can have a dollar bond and can change it into bonds in the pound sterling, euro or yen, but you can buy gold, and we have US deposits in dollars. All of these items are in our possession,” he said.

“The citizen has the right to replace the local currency (dinar) in the US currency (dollar) through the window of the currency, which was called (auction currencies) to finance the import and this is applicable in all countries of the world, because the government alone has a dollar of exports Oil, and in return the dinar is withdrawn to pay salaries and finance projects in the sectors of construction, agriculture and industry.

He pointed out that “the Iraqi citizen can now travel for treatment or rest and recreation or even the acquisition of housing, all through the replacement of the national currency in foreign currency in the case of any citizen in any country in the world, while this was prohibited in the time of the former regime.

The director general of financial operations and debt management that “we funded the projects through banks, and here was the inability of contractors to pay the loans granted to them, because the government originally did not meet their obligations and did not pay the amount of the value of these projects and therefore the deficit, but the government “It started to pay off its contractors in 2017.”

And the deletion of the three zeros of the Iraqi currency, he replied Dagher that “this issue purely technical and has nothing to do with the rise or fall of prices, and we are in the form of coins in our future projects, although it is high cost, but it is longer in circulation, The central bank will inject the paper currency category 250 and 500 dinars to the local market in quantities that eliminate the existing health to be within the reach of the citizen to trade.

Read More: Dinarupdates.com “Current Iraq News Thread”
______________________________________________________________

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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The Central (Bank) poses large amounts of small currency

Confirmed its continuation by replacing the damaged amounts

Baghdad / Sabah – The Central Bank of Iraq intends next month, to put large amounts of local currency, small groups, while continuing to receive the currency damaged by citizens and replace it (with) New.

The Governor of the Bank, Dr. Ali Alalak in a meeting with the “morning”, will be published later: “The Central Bank of Iraq, the development of a plan to compensate the market small categories of local currency, as will be next month large quantities and huge ones,” noting that ” Will meet the need of the local market for those categories of currency. ”

He added that “the bank continues to receive local currencies damaged by citizens and replace them with new currencies,” revealing at the same time, “the existence of a specialized committee to examine the damaged papers to ensure the integrity of fraud
and manipulation.”

Read More: Dinarupdates.com “Current Iraq News Thread”

BGG ~ First bit of really good news in a while!!

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MilitiaMan (Dinar Guru) –  Article:   “Central reserves amounted to $59 billion and 96 tons went gold”  This article is full of Bragging Rights…to show where they are.  Their bag of goodies is full. This year alone they increased their reserves somewhere in the tune of 10 billion Dollars, additional bonds from China and Islamic Banks and 6.5 additional Tonnes of Gold.  They talk of contracts with Ernst & Young. Bragging about being the first in the region with SWIFT and that the are internationally compliant. Compliant with international remittances… Well they will need to pay the citizens abroad the HCL (Think Somo [State Organization for Marketing of Oil] ) by such means now won’t they? Yep…All in time… imo.

Read more: http://www.dinarupdates.com/observer/
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Abadi: We came to Basra with sufficient powers to develop the necessary solutions

(Baghdad: Al-Furat News) Prime Minister Haider al-Abadi held a meeting in the presence of the Governor of Basra and the President of the provincial council and a number of local officials and the accompanying ministerial team.

A statement from his office received the agency {Euphrates News} a copy of it, “During the meeting was a detailed study of the reality of services and in particular the provision of safe drinking water.”

Abadi stressed that “our visit to the province of Basra today aim to stand on the ground on the service conditions and to ensure the stability of the province and the normal life in it, and follow-up implementation of the decisions taken by the Council of Ministers for the province.”

“We have come to Basra today, accompanied by a ministerial team and a consultant with sufficient powers to develop the necessary solutions and meet the needs of citizens. We look forward to the coperation of everyone to serve the people of Basra and complete the necessary service projects.” To the people of Basra and to respond to their legitimate demands. ”

Read More: Dinarupdates.com “Current Iraq News Thread”
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Follow us on twitter @DinarUpdates !!

Dinar Updates – Conference Call
BGG & Company from Aug. 28th
CST 641-715-3639 pin# 932875
Replay Link – https://d.pr/WczPbF

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US behind Attack on Iran’s Consulate in Basra: Iraqi MP

TEHRAN (Tasnim) – An Iraqi parliamentarian warned against “a dangerous plot” hatched by the US government to destroy the Arab country’s southern city of Basra, saying that Washington is responsible for all recent incidents, including a mob attack on Iran’s consulate in the city.

“The demonstrations in the Basra Province were originally followed legitimate and real demands and we agree with all of them,” Faleh al-Khazali, the representative of Basra at the Iraqi parliament, told the Tasnim News Agency.

However, the demonstrations were derailed by some saboteurs and intruders, who set fire to the offices of political groups and the Iranian consulate, he said, adding that these moves are part of a plot hatched to destroy Basra.

Targeting the headquarters of the Hashd al-Shaabi, and attacking the hospital where the group’s wounded members had been admitted and burning photos of the martyrs indicate that there is “a bigger and more dangerous plot”, the Iraqi lawmaker said.

He went on to say that the US consulate in Basra accompanied by some civil organizations are completely held accountable for the recent incidents in the city.

In the Friday attack, a mob of Iraqi protestors stormed the Iranian Consulate in Basra, destroyed the diplomatic mission’s properties, took down the flag of Iran and torched the building.

Later in the day, the Foreign Ministry summoned the Iraqi ambassador to Tehran in protest at the attack and the Iraqi police’s inaction despite the recent threats against the Iranian diplomatic mission.

Eleven people have been reported killed in the violent protests against corruption and lack of basic services in Basra over the past week.

The Iranian consulate’s building was not the first to be set on fire. The angry demonstrators had earlier set government buildings ablaze as well. The buildings included the headquarters of the local government, the ruling Dawa Party, the Supreme Islamic Council and the Badr Organization.

Article Credit: Tasnimnews.com

BGG ~ Not hardly – however, I put this article in so everyone can see how ABSURD much of this recent political rhetoric is.

Not even close to the truth. However, it is a political cage match right now – and whoever loses DIES.

It is 3rd monkey time folks!!

On a serious note, and to highlight the point of this being a Shia/Iranian deflection campaign in full force…

The demonstrators burn down the local gov’t offices –  The Gov of Basra is of the ISIC party (Hakim’s Wisdom movement)…

The demonstrators burn down the Dawa Party HQ (Maliki’s Dawa faction)…

The demonstrators burn down SIC offices… (more of Hakim’s crew)

and they burn out Badr Organization offices – (this would be part of Ameri’s gang).

Fast forward to Ameri and Sadr hob-nobbing for the cameras all weekend. Abadi was actually IN BASRA with staff working out solutions for the people. How does demonstrators being so pissed at the Shia hardliners that they burn all their offices down somehow QUALIFY THEM to form the next “strong government”? Figure that one out.

Short story – it doesn’t. Their people are sick of no solutions and tried burning the Iranian influence out of their country.

P.S. – Faleh al-Khazali is a known terrorist…

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Mnt Goat (Dinar Guru) –   …there are three main issues yet to resolve prior to the RV.   1. HCL  – So the HCL law was finally written to satisfaction and passed. There were many parts to it over the years. Now they must pay out a % excess oil revenues to the citizens (a law was passed in parliament…supposed to begin as of Sept 5th). Do they need to pay out prior to the reinstatement permission. YES, YES and YES again. Is this not a constitutional requirement? Well then…??? ;   [post 1 of 3….stay tuned]

Read more: http://www.dinarupdates.com/observer/
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Mnt Goat (Dinar Guru) –    2. Iraq must now get rid of the Iranian militias and drastically reduce the political influence of the Iran over Iraq, This is a new requirement and should never had been an issue had it not been for the ISIS invasion, which by the way was a way for the Iranian backed puppet Nori al-Maliki to get the Iranian Kud forces inside Iraq…This now stands as a major SECURITY breach by the US on the sovereignty of Iraq. The US will NEVER giver permission to RV with these Iranian forces in place in Iraq especially with the Trump administration;    [post 2 of 3]

Read more: http://www.dinarupdates.com/observer/
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Mnt Goat (Dinar Guru) –    3. Article 140 – this was promised by PM Abadi during the last election of 2014. It was also promised during the 2010 election by Nori al-Maliki and neither delivered on it. This was of course a major blunder on the part of PM Abadi 2014-2018 for, if he did deliver, there would be no further discussions and the Kurds would side with the Sadr Movement as they could then feel they could trust and move forward. So…all three of these needed points are not yet implemented or guaranteed. [post 3 of 3]

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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Kurdistan Union: Kurdish parties will decide to form the largest bloc during the next two days

Information / special … Patriotic Union of Kurdistan ( PUK ) , confirmed on Monday that the Kurdish parties in the Kurdistan region will be resolved is to join the largest bloc over the next two days, between the Kurdish parties will be the touchstone in the formation of the largest bloc and the government.

“The ruling parties in the region (the Union and the Democratic) held a broad meeting this morning to reach a final agreement to join one of the axes to form the largest bloc,” said the member of the Union, Ghayath al-Surji said in a statement to the “Information”, pointing out that “the ruling parties will resolve their position from The formation of the largest bloc during the next two days after completion of the consultation of other Kurdish parties, including opposition parties to the lack of exclusivity of the decision.

He added that “the axis of construction or reform did not oppose until now the project put forward by the Kurdish delegation to form a government, as well as not to agree to all the demands put forward,” noting that “the Kurdish parties will be egg blocks in the formation of the largest bloc and the government.”

The two parties, the Democratic Party and the Patriotic Union of Kurdistan, on Monday, during their meeting with some on the unity of their work and their position in Baghdad and Kurdistan.

Article Credit: Almaalomah.com
______________________________________________________________

New Iraqi lawmakers begin process to activate next parliament (This is the play-by-play from last Sunday)

11:05 a.m.

Officials, diplomats, media witness convening of new Iraqi parliament

BAGHDAD, Iraq — Iraq’s Fourth Council of Representatives is convening on Monday at 11 a.m.

Candidates who won seats in the parliamentary election on May 12 are being sworn in.

In the first session, which is presided over by the eldest member, the new MPs shall select a speaker and deputies.

The speaker will then choose Iraq’s next president.

Two main blocs have emerged. One is led by incumbent Prime Minister Haider al-Abadi, the other by his predecessor incumbent Vice President Nouri al-Maliki. The former leads Nasr, while the later leads State of Law.

Both have announced they have the largest bloc, although both are likely to still curry the favor of some of the country’s Sunni and Kurdistani parties, which remain uncommitted.

12:18 p.m.

President Masum urges separation of powers

Incumbent Iraqi President Fuad Masum emphasized the need for the three branches of the government to be respectful for a strong democracy.

“A sense of pride and confidence consumes me as I talk to you in the opening of the fourth legislative term of the Council of Representatives…” said Masum. “In this phase filled with hope in the history of our people, whereby Iraq regains its proper position realistically with confidence regionally and internationally.”

Iraqis need sustainable and long-term growth, for job creation for the youth, and for social stability and peace, according to Masum
Masum urged different branches of the state, judiciary, legislature and the executive to respect each other and be separate based on the constitutions.

In addition to Masum, who didn’t run for parliament, several incumbent leaders are present: Prime Minister Haider al-Abadi, Speaker Salim al-Jabouri, and Vice President Nouri al-Maliki.

“Serious tasks are upon the shoulders of your Council,” said Masum.

—————————————————————

12:28 p.m.

Abadi urges security institutions, government, parliament to be united

Haider al-Abadi emphasized that no militias are above the rule of law and he urged parliament to cooperate with the future government.

“At first, I would like to congratulate the winning MPs for gaining the confidence of the people. I call on the new Council of Representatives to cooperate with the future government, to be formed, Inshallah, later by this Council and to work on finalizing priority legislations.”

Abadi blamed divisions and sectarian entrenchment on the ISIS conflict.

“The next government will be handed a united, liberated country, with security, social stability, and basis to improve the economic conditions and meet the expectations of our people in a better life,” said Abadi.

He hinted that no militias are above the rule of law.

“There is no other alternative to the imposition of state authority and rule of law, and no other banner shall rule supreme over the banner of one Iraq, and there is no room for arms outside state control,” said Abadi.

Issues of all Iraqis, from the north to the south, can be resolved without discriminating against anyone, he explained.

—————————————————————

12:28 p.m.

Jabouri says despite being limited, previous parliament upheld democracy

Salim al-Jabouri argued that previous parliament had owned up to its constitutional powers through the monitoring and legislative actions.

“Our third term established unique parliamentary norms and democratic norms,” said Jabouri.

Parliamentary committees had worked and presented “unprecedented results” from their reports, according to Jabouri. The oversight work of the parliament has become its “unique theme.”

He added that the legal system of Iraq has minimized the role of the legislature.

“Despite these hurdles and others, there have been achievements no neutral [individual] can deny to belittle,” said Jabouri.

“I have confidence in your ability in overcoming this phase and helping the country find safe harbor,” said Jabouri, adding he had faith Baghdad could be the “house of peace and intellect” again and to again become a regional leader.

—————————————————————

2:34 p.m.

Parliament in recess

Iraq’s parliamentary session was suspended for one hour after speaker pro tem Mohammed Ali Zaini, requested for the largest bloc to present itself.

Zaini, as the oldest MP, is presiding over the first session of parliament until the next Speaker of Parliament is chosen by private, secret vote.

Hadi al-Amiri’s Fatih, Nouri al-Maliki’s State of Law Coalition walked out, as did the KDP-PUK bloc.

—————————————————————
2:48 p.m.

Abadi names himself head of Hashd al-Shaabi

According to Iraqi PM’s media office, Abadi visited the Hashd al-Shaabi commission HQ to ‘check conditions,’ while exalting the ‘heroism’ of Hashd al-Shaabi fighters.

He stressed he is willing to guarantee the rights of the Hashd.

Abadi then declared himself head of the Hashd al-Shaabi commission.

—————————————————————

3:35 p.m.

Parliament has reconvened after its recess

—————————————————————

3.48 p.m.

The Patriotic Union of Kurdistan says it has taken no side.

“We and the KDP have remained neutral and joined no groups,” PUK politburo member and spokesperson Saadi Pira told Rudaw.

The KDP and PUK went to Baghdad united, saying they are seeking greater rights for the people of the Kurdistan Region and not government positions.

—————————————————————

4.34 p.m.

Parliament’s session will continue Tuesday

Read More: Dinarupdates.com “Current Iraq News Thread”

BGG ~ So ask yourself this… If Ameri walked out, if Maliki walked out, if the Kurds walked out – who does this stall technique benefit?? Think about it.

There is an awful lot of news seemingly going against Abadi right now. Why? Who does it benefit? My point EXACTLY.

______________________________________________________________

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
______________________________________________________________

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

______________________________________________________________

Dagher: $ 58.7 billion in Iraq’s hard currency reserves and 89 tons of gold

Economy News Baghdad – The director of financial operations and debt management at the Central Bank of Iraq, Dr. Mahmoud Mohammed Dagher, that Iraq’s foreign currency reserves amounted to 58.7 billion dollars, noting that the net reserves of the Central Bank of 48.3 billion dollars, and the rest is the balance of the Ministry of Finance at the bank.

“It is natural that all the countries in the world hold financial assets, namely bonds and remittances, especially the US, because they are highly reliable and easy to compare with other assets,” Dagher said in an interview with Al-Sabah Al-Jadeed newspaper.

He added that “the bank’s reserves of 48.3 billion dollars distributed across eight countries to preserve the risks and comes in the forefront of the United States, Switzerland, France and Britain, while the distribution of these reserves on several types, including cash and bonds and gold,” noting that “Iraq has 89 tons of gold And the depositor in London. ”

“We can have a dollar bond and can change it into bonds in the pound sterling, euro or yen, but you can buy gold, and we have US deposits in dollars. All of these items are in our possession,” he said.

“The citizen has the right to replace the local currency (dinar) in the US currency (dollar) through the window of the currency, which was called (auction currencies) to finance the import and this is applicable in all countries of the world, because the government alone has a dollar of exports Oil, and in return the dinar is withdrawn to pay salaries and finance projects in the sectors of construction, agriculture and industry.

He pointed out that “the Iraqi citizen can now travel for treatment or rest and recreation or even the acquisition of housing, all through the replacement of the national currency in foreign currency in the case of any citizen in any country in the world, while this was prohibited in the time of the former regime.

The director general of financial operations and debt management that “we funded the projects through banks, and here was the inability of contractors to pay the loans granted to them, because the government originally did not meet their obligations and did not pay the amount of the value of these projects and therefore the deficit, but the government “It started to pay off its contractors in 2017.”

And the deletion of the three zeros of the Iraqi currency, he replied Dagher that “this issue purely technical and has nothing to do with the rise or fall of prices, and we are in the form of coins in our future projects, although it is high cost, but it is longer in circulation, The central bank will inject the paper currency category 250 and 500 dinars to the local market in quantities that eliminate the existing health to be within the reach of the citizen to trade.

Read More: Dinarupdates.com “Current Iraq News Thread”
______________________________________________________________

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

______________________________________________________________

The Central (Bank) poses large amounts of small currency

Confirmed its continuation by replacing the damaged amounts

Baghdad / Sabah – The Central Bank of Iraq intends next month, to put large amounts of local currency, small groups, while continuing to receive the currency damaged by citizens and replace it (with) New.

The Governor of the Bank, Dr. Ali Alalak in a meeting with the “morning”, will be published later: “The Central Bank of Iraq, the development of a plan to compensate the market small categories of local currency, as will be next month large quantities and huge ones,” noting that ” Will meet the need of the local market for those categories of currency. ”

He added that “the bank continues to receive local currencies damaged by citizens and replace them with new currencies,” revealing at the same time, “the existence of a specialized committee to examine the damaged papers to ensure the integrity of fraud
and manipulation.”

Read More: Dinarupdates.com “Current Iraq News Thread”

BGG ~ First bit of really good news in a while!!

______________________________________________________________

MilitiaMan (Dinar Guru) –  Article:   “Central reserves amounted to $59 billion and 96 tons went gold”  This article is full of Bragging Rights…to show where they are.  Their bag of goodies is full. This year alone they increased their reserves somewhere in the tune of 10 billion Dollars, additional bonds from China and Islamic Banks and 6.5 additional Tonnes of Gold.  They talk of contracts with Ernst & Young. Bragging about being the first in the region with SWIFT and that the are internationally compliant. Compliant with international remittances… Well they will need to pay the citizens abroad the HCL (Think Somo [State Organization for Marketing of Oil] ) by such means now won’t they? Yep…All in time… imo.

Read more: http://www.dinarupdates.com/observer/
______________________________________________________________

Abadi: We came to Basra with sufficient powers to develop the necessary solutions

(Baghdad: Al-Furat News) Prime Minister Haider al-Abadi held a meeting in the presence of the Governor of Basra and the President of the provincial council and a number of local officials and the accompanying ministerial team.

A statement from his office received the agency {Euphrates News} a copy of it, “During the meeting was a detailed study of the reality of services and in particular the provision of safe drinking water.”

Abadi stressed that “our visit to the province of Basra today aim to stand on the ground on the service conditions and to ensure the stability of the province and the normal life in it, and follow-up implementation of the decisions taken by the Council of Ministers for the province.”

“We have come to Basra today, accompanied by a ministerial team and a consultant with sufficient powers to develop the necessary solutions and meet the needs of citizens. We look forward to the coperation of everyone to serve the people of Basra and complete the necessary service projects.” To the people of Basra and to respond to their legitimate demands. ”

Read More: Dinarupdates.com “Current Iraq News Thread”
______________________________________________________________

Follow us on twitter @DinarUpdates !!

Dinar Updates – Conference Call
BGG & Company from Aug. 28th
CST 641-715-3639 pin# 932875
Replay Link – https://d.pr/WczPbF

______________________________________________________________

US behind Attack on Iran’s Consulate in Basra: Iraqi MP

TEHRAN (Tasnim) – An Iraqi parliamentarian warned against “a dangerous plot” hatched by the US government to destroy the Arab country’s southern city of Basra, saying that Washington is responsible for all recent incidents, including a mob attack on Iran’s consulate in the city.

“The demonstrations in the Basra Province were originally followed legitimate and real demands and we agree with all of them,” Faleh al-Khazali, the representative of Basra at the Iraqi parliament, told the Tasnim News Agency.

However, the demonstrations were derailed by some saboteurs and intruders, who set fire to the offices of political groups and the Iranian consulate, he said, adding that these moves are part of a plot hatched to destroy Basra.

Targeting the headquarters of the Hashd al-Shaabi, and attacking the hospital where the group’s wounded members had been admitted and burning photos of the martyrs indicate that there is “a bigger and more dangerous plot”, the Iraqi lawmaker said.

He went on to say that the US consulate in Basra accompanied by some civil organizations are completely held accountable for the recent incidents in the city.

In the Friday attack, a mob of Iraqi protestors stormed the Iranian Consulate in Basra, destroyed the diplomatic mission’s properties, took down the flag of Iran and torched the building.

Later in the day, the Foreign Ministry summoned the Iraqi ambassador to Tehran in protest at the attack and the Iraqi police’s inaction despite the recent threats against the Iranian diplomatic mission.

Eleven people have been reported killed in the violent protests against corruption and lack of basic services in Basra over the past week.

The Iranian consulate’s building was not the first to be set on fire. The angry demonstrators had earlier set government buildings ablaze as well. The buildings included the headquarters of the local government, the ruling Dawa Party, the Supreme Islamic Council and the Badr Organization.

Article Credit: Tasnimnews.com

BGG ~ Not hardly – however, I put this article in so everyone can see how ABSURD much of this recent political rhetoric is.

Not even close to the truth. However, it is a political cage match right now – and whoever loses DIES.

It is 3rd monkey time folks!!

On a serious note, and to highlight the point of this being a Shia/Iranian deflection campaign in full force…

The demonstrators burn down the local gov’t offices –  The Gov of Basra is of the ISIC party (Hakim’s Wisdom movement)…

The demonstrators burn down the Dawa Party HQ (Maliki’s Dawa faction)…

The demonstrators burn down SIC offices… (more of Hakim’s crew)

and they burn out Badr Organization offices – (this would be part of Ameri’s gang).

Fast forward to Ameri and Sadr hob-nobbing for the cameras all weekend. Abadi was actually IN BASRA with staff working out solutions for the people. How does demonstrators being so pissed at the Shia hardliners that they burn all their offices down somehow QUALIFY THEM to form the next “strong government”? Figure that one out.

Short story – it doesn’t. Their people are sick of no solutions and tried burning the Iranian influence out of their country.

P.S. – Faleh al-Khazali is a known terrorist…

______________________________________________________________

Mnt Goat (Dinar Guru) –   …there are three main issues yet to resolve prior to the RV.   1. HCL  – So the HCL law was finally written to satisfaction and passed. There were many parts to it over the years. Now they must pay out a % excess oil revenues to the citizens (a law was passed in parliament…supposed to begin as of Sept 5th). Do they need to pay out prior to the reinstatement permission. YES, YES and YES again. Is this not a constitutional requirement? Well then…??? ;   [post 1 of 3….stay tuned]

Read more: http://www.dinarupdates.com/observer/
______________________________________________________________

______________________________________________________________

Mnt Goat (Dinar Guru) –    2. Iraq must now get rid of the Iranian militias and drastically reduce the political influence of the Iran over Iraq, This is a new requirement and should never had been an issue had it not been for the ISIS invasion, which by the way was a way for the Iranian backed puppet Nori al-Maliki to get the Iranian Kud forces inside Iraq…This now stands as a major SECURITY breach by the US on the sovereignty of Iraq. The US will NEVER giver permission to RV with these Iranian forces in place in Iraq especially with the Trump administration;    [post 2 of 3]

Read more: http://www.dinarupdates.com/observer/
______________________________________________________________

Mnt Goat (Dinar Guru) –    3. Article 140 – this was promised by PM Abadi during the last election of 2014. It was also promised during the 2010 election by Nori al-Maliki and neither delivered on it. This was of course a major blunder on the part of PM Abadi 2014-2018 for, if he did deliver, there would be no further discussions and the Kurds would side with the Sadr Movement as they could then feel they could trust and move forward. So…all three of these needed points are not yet implemented or guaranteed. [post 3 of 3]

Read more: http://www.dinarupdates.com/observer/
______________________________________________________________

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

______________________________________________________________

Kurdistan Union: Kurdish parties will decide to form the largest bloc during the next two days

Information / special … Patriotic Union of Kurdistan ( PUK ) , confirmed on Monday that the Kurdish parties in the Kurdistan region will be resolved is to join the largest bloc over the next two days, between the Kurdish parties will be the touchstone in the formation of the largest bloc and the government.

“The ruling parties in the region (the Union and the Democratic) held a broad meeting this morning to reach a final agreement to join one of the axes to form the largest bloc,” said the member of the Union, Ghayath al-Surji said in a statement to the “Information”, pointing out that “the ruling parties will resolve their position from The formation of the largest bloc during the next two days after completion of the consultation of other Kurdish parties, including opposition parties to the lack of exclusivity of the decision.

He added that “the axis of construction or reform did not oppose until now the project put forward by the Kurdish delegation to form a government, as well as not to agree to all the demands put forward,” noting that “the Kurdish parties will be egg blocks in the formation of the largest bloc and the government.”

The two parties, the Democratic Party and the Patriotic Union of Kurdistan, on Monday, during their meeting with some on the unity of their work and their position in Baghdad and Kurdistan.

Article Credit: Almaalomah.com
______________________________________________________________

New Iraqi lawmakers begin process to activate next parliament (This is the play-by-play from last Sunday)

11:05 a.m.

Officials, diplomats, media witness convening of new Iraqi parliament

BAGHDAD, Iraq — Iraq’s Fourth Council of Representatives is convening on Monday at 11 a.m.

Candidates who won seats in the parliamentary election on May 12 are being sworn in.

In the first session, which is presided over by the eldest member, the new MPs shall select a speaker and deputies.

The speaker will then choose Iraq’s next president.

Two main blocs have emerged. One is led by incumbent Prime Minister Haider al-Abadi, the other by his predecessor incumbent Vice President Nouri al-Maliki. The former leads Nasr, while the later leads State of Law.

Both have announced they have the largest bloc, although both are likely to still curry the favor of some of the country’s Sunni and Kurdistani parties, which remain uncommitted.

12:18 p.m.

President Masum urges separation of powers

Incumbent Iraqi President Fuad Masum emphasized the need for the three branches of the government to be respectful for a strong democracy.

“A sense of pride and confidence consumes me as I talk to you in the opening of the fourth legislative term of the Council of Representatives…” said Masum. “In this phase filled with hope in the history of our people, whereby Iraq regains its proper position realistically with confidence regionally and internationally.”

Iraqis need sustainable and long-term growth, for job creation for the youth, and for social stability and peace, according to Masum
Masum urged different branches of the state, judiciary, legislature and the executive to respect each other and be separate based on the constitutions.

In addition to Masum, who didn’t run for parliament, several incumbent leaders are present: Prime Minister Haider al-Abadi, Speaker Salim al-Jabouri, and Vice President Nouri al-Maliki.

“Serious tasks are upon the shoulders of your Council,” said Masum.

—————————————————————

12:28 p.m.

Abadi urges security institutions, government, parliament to be united

Haider al-Abadi emphasized that no militias are above the rule of law and he urged parliament to cooperate with the future government.

“At first, I would like to congratulate the winning MPs for gaining the confidence of the people. I call on the new Council of Representatives to cooperate with the future government, to be formed, Inshallah, later by this Council and to work on finalizing priority legislations.”

Abadi blamed divisions and sectarian entrenchment on the ISIS conflict.

“The next government will be handed a united, liberated country, with security, social stability, and basis to improve the economic conditions and meet the expectations of our people in a better life,” said Abadi.

He hinted that no militias are above the rule of law.

“There is no other alternative to the imposition of state authority and rule of law, and no other banner shall rule supreme over the banner of one Iraq, and there is no room for arms outside state control,” said Abadi.

Issues of all Iraqis, from the north to the south, can be resolved without discriminating against anyone, he explained.

—————————————————————

12:28 p.m.

Jabouri says despite being limited, previous parliament upheld democracy

Salim al-Jabouri argued that previous parliament had owned up to its constitutional powers through the monitoring and legislative actions.

“Our third term established unique parliamentary norms and democratic norms,” said Jabouri.

Parliamentary committees had worked and presented “unprecedented results” from their reports, according to Jabouri. The oversight work of the parliament has become its “unique theme.”

He added that the legal system of Iraq has minimized the role of the legislature.

“Despite these hurdles and others, there have been achievements no neutral [individual] can deny to belittle,” said Jabouri.

“I have confidence in your ability in overcoming this phase and helping the country find safe harbor,” said Jabouri, adding he had faith Baghdad could be the “house of peace and intellect” again and to again become a regional leader.

—————————————————————

2:34 p.m.

Parliament in recess

Iraq’s parliamentary session was suspended for one hour after speaker pro tem Mohammed Ali Zaini, requested for the largest bloc to present itself.

Zaini, as the oldest MP, is presiding over the first session of parliament until the next Speaker of Parliament is chosen by private, secret vote.

Hadi al-Amiri’s Fatih, Nouri al-Maliki’s State of Law Coalition walked out, as did the KDP-PUK bloc.

—————————————————————
2:48 p.m.

Abadi names himself head of Hashd al-Shaabi

According to Iraqi PM’s media office, Abadi visited the Hashd al-Shaabi commission HQ to ‘check conditions,’ while exalting the ‘heroism’ of Hashd al-Shaabi fighters.

He stressed he is willing to guarantee the rights of the Hashd.

Abadi then declared himself head of the Hashd al-Shaabi commission.

—————————————————————

3:35 p.m.

Parliament has reconvened after its recess

—————————————————————

3.48 p.m.

The Patriotic Union of Kurdistan says it has taken no side.

“We and the KDP have remained neutral and joined no groups,” PUK politburo member and spokesperson Saadi Pira told Rudaw.

The KDP and PUK went to Baghdad united, saying they are seeking greater rights for the people of the Kurdistan Region and not government positions.

—————————————————————

4.34 p.m.

Parliament’s session will continue Tuesday

Read More: Dinarupdates.com “Current Iraq News Thread”

BGG ~ So ask yourself this… If Ameri walked out, if Maliki walked out, if the Kurds walked out – who does this stall technique benefit?? Think about it.

There is an awful lot of news seemingly going against Abadi right now. Why? Who does it benefit? My point EXACTLY.

______________________________________________________________

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
______________________________________________________________

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

New Iraqi lawmakers begin process to activate next parliament (This is the play-by-play from Sunday)

11:05 a.m.

Officials, diplomats, media witness convening of new Iraqi parliament

BAGHDAD, Iraq — Iraq’s Fourth Council of Representatives is convening on Monday at 11 a.m.

Candidates who won seats in the parliamentary election on May 12 are being sworn in.

In the first session, which is presided over by the eldest member, the new MPs shall select a speaker and deputies.

The speaker will then choose Iraq’s next president.

Two main blocs have emerged. One is led by incumbent Prime Minister Haider al-Abadi, the other by his predecessor incumbent Vice President Nouri al-Maliki. The former leads Nasr, while the later leads State of Law.

Both have announced they have the largest bloc, although both are likely to still curry the favor of some of the country’s Sunni and Kurdistani parties, which remain uncommitted.

12:18 p.m.

President Masum urges separation of powers

Incumbent Iraqi President Fuad Masum emphasized the need for the three branches of the government to be respectful for a strong democracy.

“A sense of pride and confidence consumes me as I talk to you in the opening of the fourth legislative term of the Council of Representatives…” said Masum. “In this phase filled with hope in the history of our people, whereby Iraq regains its proper position realistically with confidence regionally and internationally.”

Iraqis need sustainable and long-term growth, for job creation for the youth, and for social stability and peace, according to Masum
Masum urged different branches of the state, judiciary, legislature and the executive to respect each other and be separate based on the constitutions.

In addition to Masum, who didn’t run for parliament, several incumbent leaders are present: Prime Minister Haider al-Abadi, Speaker Salim al-Jabouri, and Vice President Nouri al-Maliki.

“Serious tasks are upon the shoulders of your Council,” said Masum.

—————————————————————

12:28 p.m.

Abadi urges security institutions, government, parliament to be united

Haider al-Abadi emphasized that no militias are above the rule of law and he urged parliament to cooperate with the future government.

“At first, I would like to congratulate the winning MPs for gaining the confidence of the people. I call on the new Council of Representatives to cooperate with the future government, to be formed, Inshallah, later by this Council and to work on finalizing priority legislations.”

Abadi blamed divisions and sectarian entrenchment on the ISIS conflict.

“The next government will be handed a united, liberated country, with security, social stability, and basis to improve the economic conditions and meet the expectations of our people in a better life,” said Abadi.

He hinted that no militias are above the rule of law.

“There is no other alternative to the imposition of state authority and rule of law, and no other banner shall rule supreme over the banner of one Iraq, and there is no room for arms outside state control,” said Abadi.

Issues of all Iraqis, from the north to the south, can be resolved without discriminating against anyone, he explained.

—————————————————————

12:28 p.m.

Jabouri says despite being limited, previous parliament upheld democracy

Salim al-Jabouri argued that previous parliament had owned up to its constitutional powers through the monitoring and legislative actions.

“Our third term established unique parliamentary norms and democratic norms,” said Jabouri.

Parliamentary committees had worked and presented “unprecedented results” from their reports, according to Jabouri. The oversight work of the parliament has become its “unique theme.”

He added that the legal system of Iraq has minimized the role of the legislature.

“Despite these hurdles and others, there have been achievements no neutral [individual] can deny to belittle,” said Jabouri.

“I have confidence in your ability in overcoming this phase and helping the country find safe harbor,” said Jabouri, adding he had faith Baghdad could be the “house of peace and intellect” again and to again become a regional leader.

—————————————————————

2:34 p.m.

Parliament in recess

Iraq’s parliamentary session was suspended for one hour after speaker pro tem Mohammed Ali Zaini, requested for the largest bloc to present itself.

Zaini, as the oldest MP, is presiding over the first session of parliament until the next Speaker of Parliament is chosen by private, secret vote.

Hadi al-Amiri’s Fatih, Nouri al-Maliki’s State of Law Coalition walked out, as did the KDP-PUK bloc.

—————————————————————
2:48 p.m.

Abadi names himself head of Hashd al-Shaabi

According to Iraqi PM’s media office, Abadi visited the Hashd al-Shaabi commission HQ to ‘check conditions,’ while exalting the ‘heroism’ of Hashd al-Shaabi fighters.

He stressed he is willing to guarantee the rights of the Hashd.

Abadi then declared himself head of the Hashd al-Shaabi commission.

—————————————————————

3:35 p.m.

Parliament has reconvened after its recess

—————————————————————

3.48 p.m.

The Patriotic Union of Kurdistan says it has taken no side.

“We and the KDP have remained neutral and joined no groups,” PUK politburo member and spokesperson Saadi Pira told Rudaw.

The KDP and PUK went to Baghdad united, saying they are seeking greater rights for the people of the Kurdistan Region and not government positions.

—————————————————————

4.34 p.m.

Parliament’s session will continue Tuesday

Read More: Dinarupdates.com “Current Iraq News Thread”

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Dinar Updates – Conference Call
BGG & Company from Aug. 28th
CST 641-715-3639 pin# 932875
Replay Link – https://d.pr/WczPbF

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Iraqis are waiting to activate the law of the National Oil Company in September

Parliamentarians and economists and the Iraqi street are expected to sign on September 5, the date of announcing the activation of the law of the National Oil Company, which set 10 percent of the sales of oil to put in special funds for distribution to the Iraqis. To abide by the date stipulated by the law, to restore confidence between the street and the government, especially that the law will give each citizen a share of the oil of his country.

The law of the National Oil Company includes a clause that the Executive Authority must implement six months after its approval by the Chamber of Deputies. The law entered into force on 17 April last after it was published in the official newspaper. On 5 March, Which gave each Iraqi resident within the country a share of oil deducted 10 percent of total sales.

The MP for the province of Basra, Abdul Salam al-Maliki, the government to «respect the date provided by the law, most citizens are convinced that any law benefit from it financially initiated and not work, which will increase internal tension».

Maliki said in a statement that «the law is a national achievement distinctive, and almost the best for the Iraqis since 2003, as will give each Iraqi share of the oil of his country in a fair and clear».

He stressed that «the provisions of the law can reduce poverty rates and increase the welfare of the citizen and strengthen the national spirit and the sense of equality for all». “This law does not include Iraqis abroad. Therefore, it will be considered an invitation to the return of our children from the expatriates and immigrants. Our country is poor, but the conditions forced citizens to travel, along with the mismanagement and occupation, and resulting in chaos and corruption that led to unsatisfactory results for the people.”

As for the conflict of law with other laws, Maliki said: “It will not conflict with any other law such as petrodollars or oil licenses and oil investment agreements with foreign companies, because it is a deduction of 10 percent of the proceeds of selling oil in the United Nations Development Fund for Iraq, The transfer of funds to the Central Bank, which will distribute the amounts in the form of shares on behalf of every citizen ». And the quotas of oil-producing provinces,

Maliki said that «the budget and in agreement with the Prime Minister granted provinces producing under the Petrodollar 20% will be devoted to the fulfillment of debts or allocations that have not been implemented during the past years with the actual quota of 5 percent for each barrel product, will be allocated service projects to productive provinces and develop their reality Al-Omrani, Al-Khademi and others. ”

“The National Oil Company has allocated a fund for generations, and the shares in the national company is not bought or sold because it belongs to the citizen, a law that would achieve economic benefit for the Iraqi people,” said a member of the former oil and gas committee. The law required the Kurdistan region to hand over the quantities of oil produced in its fields to the national oil marketing company «Sumo», otherwise they will not be given to the residents of the region ».

Source: Al Hayat newspaper

Read More: Dinarupdates.com “Current Iraq News Thread”

BGG ~ I’m still not sure if I believe this is a real piece of news or political rhetoric…

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Mnt Goat   Article:  “DUE TO THE ABSENCE OF A POLITICAL AGREEMENTS THE FIRST PARLIAMENT SESSION COULD BE POSTPONED TO SEPTEMBER 15 DUE TO POLITICAL DIFFERENCES”  Just got word that they may postpone the first session until Sept 15th…It appears maybe this ongoing elections saga is NOT yet over…

Read more: http://www.dinarupdates.com/observer/
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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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Adam Montana   […if the current leader doesn’t stay in…who is waiting in the wings and how’s it looking (in your opinion) if they take the reins in Iraq?]  I have a long list of potential government structures, with quite a few variations regarding the “who’s who” and “where they are” on the totem pole over there… all of my possibilities that I’ve drawn up seem fine to me. The ONLY scenario that I would cringe at is if Maliki somehow took over Abadi’s current role… that would be a serious setback of at least a couple years, IMO. I don’t see that happening… If it doesn’t, then I think we’re going to be in good hands.

Read more: http://www.dinarupdates.com/observer/
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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

______________________________________________________________

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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Breitling  …There is nothing that has pushed the ability for the Iraqi dinar to revalue more than Trump’s energy plans.  Because it puts Iraq in a position that they have to add value to their currency to participate internationally…in the end it all narrows down to energy and 90% of Iraq’s economy is based on energy.  This is why Iraq is going to have to react to the market…the market IS the sanctions on Russia.  The market IS the tariffs on China.  The market IS the sanctions and tariffs on Iran.  So those are the engine of the market.  And that’s how you can anticipate what’s going on.  

Read more: http://www.dinarupdates.com/observer/
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Adam Montana   […tell me what do you really think the value will be once this is RV…]  I’ve been a long time supporter of a .10 RV.

Read more: http://www.dinarupdates.com/observer/
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Adam Montana  [When the elections will be really over? And the new PM will be announce? They are dragging and dragging the process.]  Actually, they are moving faster than they have in previous situations. I’m optimistic over their constant improvements in their political processes – it would have been nice to cash in already, but it would not be nice to have them not making improvements.  Patience and a little bit of faith… sometimes both come in handy.

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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Baghdad, al Sadr populists and premier Abadi allies form new government

Sixteen movements and political parties reached an agreement for the birth of the most important parliamentary block. The list can count on 177 seats (out of a total of 329). Today inaugural session of the Chamber, called to elect the next Speaker of Parliament. Within 30 days the Head of State.

Baghdad (AsiaNews / Agencies) – Sixteen Iraqi political movements and parties, including the populist list of radical Shiite leader Moqtada al-Sadr – winner of last May’s election – and the faction of outgoing prime minister Haider al-Abadi, will give life to the most important parliamentary block. The agreement, reached late yesterday evening, will guarantee its signatories the possibility to start work on the formation of the new government.

A close associate of Abadi explained that the block includes 177 deputies elected to the May legislatures. More than half of the 329 seats of which Parliament is formed and which represents a solid basis in the classroom for the future executive.

This morning the inaugural session of the new Parliament is scheduled, during which the president will be elected (a Sunni, by tradition). This will be joined by two other deputies.

The deputies then have 30 days to choose the future president of the Republic, in this case a Kurd according to the recent history of the country. He will have to get two thirds of the parliamentary seats and, once elected, will have 15 days to entrust the task to the largest block – in this case Sadr and Abadi – for the formation of the government.

The Kurdish parties, divided within them, have yet to formalize the names of the candidates for president, the most important in the country although it plays a largely symbolic role. At the same time, the outgoing premier Haider al-Abadi. supported by the West and having reached third place in the last elections with its 42 seats, will almost certainly maintain his position as head of government.

Analysts and experts recall that the Iraqi political system is designed so that no one, leader or political group, can dominate parliament; the goal is to prevent the return of a dictator or strongman, after the fall of Saddam Hussein in 2003.

The start of parliamentary work and the birth of a block that has the numbers to form the new government ends months of doubts and uncertainties related to allegations of fraud that emerged following the vote. The country can therefore put behind itself a long period of political stalemate and face the many unresolved challenges: the war against the jihadists of the Islamic State (IS, ex Isis), the economic crisis, unemployment, corruption, the return of migrants and displaced, even Christians.

Read More: Dinarupdates.com “Current Iraq News Thread”

BGG ~ Wow – I was suspicious this might happen. While Barzani was crowing about being closer to Maliki, Sadr and Abadi did it without them. 177 deputies and no mention of the Kurds.

Now, something to watch is these upcoming KRG (regional) elections in September, not that it means much (or anything) to the currency investment…

…but as I postulated on the recent call – a misstep like this on Barzani’s part could spell trouble for he and his party in the upcoming regional elections.

He’s had a couple of monster political fumbles. This is a biggie.

The Kurds should have signed quickly. Instead they tried to be the “king makers” (like they were last time) and it blew up in their faces.

BTW – the electoral possibility was always there for it to work out like this (as I explained). However improbable, it was not an impossible scenario. The math was there – but WHOA. Big statement by Iraq.

These smaller parties realized, if they didn’t get in quick, they would be the ones left scratching for crumbs. As it turns out, they have put themselves in a much better position for the future.

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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

Baghdad, al Sadr populists and premier Abadi allies form new government

Sixteen movements and political parties reached an agreement for the birth of the most important parliamentary block. The list can count on 177 seats (out of a total of 329). Today inaugural session of the Chamber, called to elect the next Speaker of Parliament. Within 30 days the Head of State.

Baghdad (AsiaNews / Agencies) – Sixteen Iraqi political movements and parties, including the populist list of radical Shiite leader Moqtada al-Sadr – winner of last May’s election – and the faction of outgoing prime minister Haider al-Abadi, will give life to the most important parliamentary block. The agreement, reached late yesterday evening, will guarantee its signatories the possibility to start work on the formation of the new government.

A close associate of Abadi explained that the block includes 177 deputies elected to the May legislatures. More than half of the 329 seats of which Parliament is formed and which represents a solid basis in the classroom for the future executive.

This morning the inaugural session of the new Parliament is scheduled, during which the president will be elected (a Sunni, by tradition). This will be joined by two other deputies.

The deputies then have 30 days to choose the future president of the Republic, in this case a Kurd according to the recent history of the country. He will have to get two thirds of the parliamentary seats and, once elected, will have 15 days to entrust the task to the largest block – in this case Sadr and Abadi – for the formation of the government.

The Kurdish parties, divided within them, have yet to formalize the names of the candidates for president, the most important in the country although it plays a largely symbolic role. At the same time, the outgoing premier Haider al-Abadi. supported by the West and having reached third place in the last elections with its 42 seats, will almost certainly maintain his position as head of government.

Analysts and experts recall that the Iraqi political system is designed so that no one, leader or political group, can dominate parliament; the goal is to prevent the return of a dictator or strongman, after the fall of Saddam Hussein in 2003.

The start of parliamentary work and the birth of a block that has the numbers to form the new government ends months of doubts and uncertainties related to allegations of fraud that emerged following the vote. The country can therefore put behind itself a long period of political stalemate and face the many unresolved challenges: the war against the jihadists of the Islamic State (IS, ex Isis), the economic crisis, unemployment, corruption, the return of migrants and displaced, even Christians.

Read More: Dinarupdates.com “Current Iraq News Thread”

BGG ~ Wow – I was suspicious this might happen. While Barzani was crowing about being closer to Maliki, Sadr and Abadi did it without them. 177 deputies and no mention of the Kurds.

Now, something to watch is these upcoming KRG (regional) elections in September, not that it means much (or anything) to the currency investment…

…but as I postulated on the recent call – a misstep like this on Barzani’s part could spell trouble for he and his party in the upcoming regional elections.

He’s had a couple of monster political fumbles. This is a biggie.

The Kurds should have signed quickly. Instead they tried to be the “king makers” (like they were last time) and it blew up in their faces.

BTW – the electoral possibility was always there for it to work out like this (as I explained). However improbable, it was not an impossible scenario. The math was there – but WHOA. Big statement by Iraq.

These smaller parties realized, if they didn’t get in quick, they would be the ones left scratching for crumbs. As it turns out, they have put themselves in a much better position for the future.

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Dinar Updates – Conference Call
BGG & Company from Aug. 28th
CST 641-715-3639 pin# 932875
Replay Link – https://d.pr/WczPbF

______________________________________________________________

Iraqis are waiting to activate the law of the National Oil Company in September

Parliamentarians and economists and the Iraqi street are expected to sign on September 5, the date of announcing the activation of the law of the National Oil Company, which set 10 percent of the sales of oil to put in special funds for distribution to the Iraqis. To abide by the date stipulated by the law, to restore confidence between the street and the government, especially that the law will give each citizen a share of the oil of his country.

The law of the National Oil Company includes a clause that the Executive Authority must implement six months after its approval by the Chamber of Deputies. The law entered into force on 17 April last after it was published in the official newspaper. On 5 March, Which gave each Iraqi resident within the country a share of oil deducted 10 percent of total sales.

The MP for the province of Basra, Abdul Salam al-Maliki, the government to «respect the date provided by the law, most citizens are convinced that any law benefit from it financially initiated and not work, which will increase internal tension».

Maliki said in a statement that «the law is a national achievement distinctive, and almost the best for the Iraqis since 2003, as will give each Iraqi share of the oil of his country in a fair and clear».

He stressed that «the provisions of the law can reduce poverty rates and increase the welfare of the citizen and strengthen the national spirit and the sense of equality for all». “This law does not include Iraqis abroad. Therefore, it will be considered an invitation to the return of our children from the expatriates and immigrants. Our country is poor, but the conditions forced citizens to travel, along with the mismanagement and occupation, and resulting in chaos and corruption that led to unsatisfactory results for the people.”

As for the conflict of law with other laws, Maliki said: “It will not conflict with any other law such as petrodollars or oil licenses and oil investment agreements with foreign companies, because it is a deduction of 10 percent of the proceeds of selling oil in the United Nations Development Fund for Iraq, The transfer of funds to the Central Bank, which will distribute the amounts in the form of shares on behalf of every citizen ». And the quotas of oil-producing provinces,

Maliki said that «the budget and in agreement with the Prime Minister granted provinces producing under the Petrodollar 20% will be devoted to the fulfillment of debts or allocations that have not been implemented during the past years with the actual quota of 5 percent for each barrel product, will be allocated service projects to productive provinces and develop their reality Al-Omrani, Al-Khademi and others. ”

“The National Oil Company has allocated a fund for generations, and the shares in the national company is not bought or sold because it belongs to the citizen, a law that would achieve economic benefit for the Iraqi people,” said a member of the former oil and gas committee. The law required the Kurdistan region to hand over the quantities of oil produced in its fields to the national oil marketing company «Sumo», otherwise they will not be given to the residents of the region ».

Source: Al Hayat newspaper

Read More: Dinarupdates.com “Current Iraq News Thread”

BGG ~ I’m still not sure if I believe this is a real piece of news or political rhetoric…

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Mnt Goat   Article:  “DUE TO THE ABSENCE OF A POLITICAL AGREEMENTS THE FIRST PARLIAMENT SESSION COULD BE POSTPONED TO SEPTEMBER 15 DUE TO POLITICAL DIFFERENCES”  Just got word that they may postpone the first session until Sept 15th…It appears maybe this ongoing elections saga is NOT yet over…

Read more: http://www.dinarupdates.com/observer/
______________________________________________________________

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.

______________________________________________________________

Adam Montana   […if the current leader doesn’t stay in…who is waiting in the wings and how’s it looking (in your opinion) if they take the reins in Iraq?]  I have a long list of potential government structures, with quite a few variations regarding the “who’s who” and “where they are” on the totem pole over there… all of my possibilities that I’ve drawn up seem fine to me. The ONLY scenario that I would cringe at is if Maliki somehow took over Abadi’s current role… that would be a serious setback of at least a couple years, IMO. I don’t see that happening… If it doesn’t, then I think we’re going to be in good hands.

Read more: http://www.dinarupdates.com/observer/
______________________________________________________________

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

______________________________________________________________

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”
______________________________________________________________

Breitling  …There is nothing that has pushed the ability for the Iraqi dinar to revalue more than Trump’s energy plans.  Because it puts Iraq in a position that they have to add value to their currency to participate internationally…in the end it all narrows down to energy and 90% of Iraq’s economy is based on energy.  This is why Iraq is going to have to react to the market…the market IS the sanctions on Russia.  The market IS the tariffs on China.  The market IS the sanctions and tariffs on Iran.  So those are the engine of the market.  And that’s how you can anticipate what’s going on.  

Read more: http://www.dinarupdates.com/observer/
______________________________________________________________

______________________________________________________________

Adam Montana   […tell me what do you really think the value will be once this is RV…]  I’ve been a long time supporter of a .10 RV.

Read more: http://www.dinarupdates.com/observer/
______________________________________________________________

Adam Montana  [When the elections will be really over? And the new PM will be announce? They are dragging and dragging the process.]  Actually, they are moving faster than they have in previous situations. I’m optimistic over their constant improvements in their political processes – it would have been nice to cash in already, but it would not be nice to have them not making improvements.  Patience and a little bit of faith… sometimes both come in handy.

Read more: http://www.dinarupdates.com/observer/
______________________________________________________________

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”
______________________________________________________________

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
______________________________________________________________

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

Sairoon says forming new government ‘around the corner’

Sairoon coalition announced on Wednesday that it has become closer than ever to announce the biggest bloc which is assigned to form the next government.

Spokesman of the coalition, Jawad al-Mussawi said that they succeeded to reach the number required to form the next government, noting that the door will be open for all parties.

He asserted that the bloc aspires to the inclusion of more members in the future as many of lawmakers expressed their willings to join the bloc.

Sairoon coalition still to be the only coalition which has a clear programme which will help to leapfrog many sectors such as health and economy, Mussawi said.

Read More: Dinarupdates.com “Current Iraq News Thread”
______________________________________________________________

Follow us on twitter @DinarUpdates !!

Dinar Updates – Conference Call
BGG & Company from Aug. 28th
CST 641-715-3639 pin# 932875
Replay Link – https://d.pr/WczPbF

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Iraqis are waiting to activate the law of the National Oil Company in September

Parliamentarians and economists and the Iraqi street are expected to sign on September 5, the date of announcing the activation of the law of the National Oil Company, which set 10 percent of the sales of oil to put in special funds for distribution to the Iraqis. To abide by the date stipulated by the law, to restore confidence between the street and the government, especially that the law will give each citizen a share of the oil of his country.

The law of the National Oil Company includes a clause that the Executive Authority must implement six months after its approval by the Chamber of Deputies. The law entered into force on 17 April last after it was published in the official newspaper. On 5 March, Which gave each Iraqi resident within the country a share of oil deducted 10 percent of total sales.

The MP for the province of Basra, Abdul Salam al-Maliki, the government to «respect the date provided by the law, most citizens are convinced that any law benefit from it financially initiated and not work, which will increase internal tension».

Maliki said in a statement that «the law is a national achievement distinctive, and almost the best for the Iraqis since 2003, as will give each Iraqi share of the oil of his country in a fair and clear».

He stressed that «the provisions of the law can reduce poverty rates and increase the welfare of the citizen and strengthen the national spirit and the sense of equality for all». “This law does not include Iraqis abroad. Therefore, it will be considered an invitation to the return of our children from the expatriates and immigrants. Our country is poor, but the conditions forced citizens to travel, along with the mismanagement and occupation, and resulting in chaos and corruption that led to unsatisfactory results for the people.”

As for the conflict of law with other laws, Maliki said: “It will not conflict with any other law such as petrodollars or oil licenses and oil investment agreements with foreign companies, because it is a deduction of 10 percent of the proceeds of selling oil in the United Nations Development Fund for Iraq, The transfer of funds to the Central Bank, which will distribute the amounts in the form of shares on behalf of every citizen ». And the quotas of oil-producing provinces,

Maliki said that «the budget and in agreement with the Prime Minister granted provinces producing under the Petrodollar 20% will be devoted to the fulfillment of debts or allocations that have not been implemented during the past years with the actual quota of 5 percent for each barrel product, will be allocated service projects to productive provinces and develop their reality Al-Omrani, Al-Khademi and others. ”

“The National Oil Company has allocated a fund for generations, and the shares in the national company is not bought or sold because it belongs to the citizen, a law that would achieve economic benefit for the Iraqi people,” said a member of the former oil and gas committee. The law required the Kurdistan region to hand over the quantities of oil produced in its fields to the national oil marketing company «Sumo», otherwise they will not be given to the residents of the region ».

Source: Al Hayat newspaper

Read More: Dinarupdates.com “Current Iraq News Thread”

BGG ~ I’m still not sure if I believe this is a real piece of news or political rhetoric…

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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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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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Kaperoni (Dinar Guru) –  In typical Iraqi fashion…I believe things are now being delayed due to the lack of formation of the government which has direct impact on currency reform, opening the banking system, inviting foreign investment.  We also learn from one of our members who contacted the IMF that the Article IV Consultation has been delayed until the formation of the government. And if what we believe is correct – that nothing will occur until after that consultation it seems like we’re just have to wait a few more months.  And of course all the while keeping a watchful eye on the CBI currency auctions to make sure that they stay in compliance under the IMF requirements for Article VIII acceptance.

BGG ~ Oddly enough… this is what I just talked about (in my recent commentaries and our call). The new GOI being formed matters. Our main difference – I am more optimistic on the GOI formation timeline.

Read more: http://www.dinarupdates.com/observer/
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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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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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Adam Montana (Dinar Guru) –  ...the one thing that is missing, now that the Elections are mostly concluded, is HCL. I know I harp on that a lot, but it’s truly the one thing I see that MUST be done in order to have a successful RV.

Read more: http://www.dinarupdates.com/observer/
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Breitling (Dinar Guru) –  …Iraq is in a good position.  Even with their currency at a tenth of a penny.  There is no bad situation here.  It simply does not exist.  The currency is strong even at a tenth of a penny.  They are using it for a purpose at that rate.  There is a reason the CBI, the Ministry of Planning, the Ministry of Finance and parliament went to the IMF and said, “Hey, we want to start raising the rate, what do we need to do?  What positions do we need to be in?’  And they kind of gave them a charter in order to do that.  It’s very simple.  They haven’t gone off the reservation on that at all… Since I’ve gotten involved in this investment or this opportunity, it has not changed at all…it’s a timing issue and it’s related to the markets…

Read more: http://www.dinarupdates.com/observer/
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Breitling (Dinar Guru) –  We alway get this question, “One day it’s going to revalue in Iraq and all these Iraqis are going to be instant millionaires…” Its’ doesn’t work that way…what happens is that you and I used the US dollar to purchase the currency…at a tenth of a penny.  The Iraqi’s were given that currency.  So the market inside Iraq reflects that tenth of a penny.  In other words if you go down to buy a coke or candy bar…it’s based on an economy based on a tenth of a penny.  What do you thinks going to happen when the value of the Iraqi dinar goes up to a buck?

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”
______________________________________________________________

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”
______________________________________________________________

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
______________________________________________________________

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

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”
______________________________________________________________

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