Dinar Daily NEWS Blog – July 11th


Spokesperson: Coalition between Maliki, Sadr ‘unlikely’

ERBIL (Kurdistan 24) – The Political Bureau of Iraqi election winner Muqtada al-Sadr says a possible coalition with the Head of the State of Law faction, Nouri al-Maliki, is not possible as they hold him responsible for the fall of Mosul to the Islamic State (IS) in 2014.

Dhiya al-Assadi, Head of Sadr’s Political Bureau, said in a statement on Wednesday that forming a coalition with Maliki is unlikely because he holds legal responsibility for what happened in Mosul and other Iraqi cities due to his role as Commander-in-Chief of the armed forces at the time.

Assadi stated that Sadr had made more than one attempt to present projects aimed at building a fair state, noting it remains unclear whether Maliki’s faction will get any ministerial positions as the decision is not up to the Sairoon Coalition, which won the majority of votes in the May 12 elections.

According to Assadi, Maliki must first reveal the people involved in the fall of Mosul and hold them accountable for all the bloodshed, the lands occupied, and properties destroyed before an alliance is considered with his party.

“One of [Sadr’s] attempts is to create a technocrat-based committee to elect ministers to replace the ones in [Haider al-Abadi’s] cabinet,” he said, adding due to personal and political interests by decision makers, these plans were never implemented.

On June 23, Iraq’s parliamentary election winner Sadr and current Prime Minister Abadi announced that their political blocs would form an alliance.

Earlier this month, Sairoon and Iran-backed Hashd al-Shaabi’s al-Fatih Coalition, who finished runners-up in the polls, said they had reached an agreement to create the largest alliance in the next Iraqi Parliament.

Article Credit: Kurdistan24.net (Special Thanks to Charles Bright)
______________________________________________________________

The state of law reveals the fact that it presented “concessions to Barzani” to collect a third term for the owners

Article Credit: Baghdadtoday.news

BGG ~ This is an interesting article. My take? The Maliki spin machine is in OVER-DRIVE these days. This time leading up to the final announcement of the Iraqi GOI is the whole game.

______________________________________________________________

Why sell Dinar?

Simple answer: I’m selling – so I can buy. I sell so that we can increase holdings and help everyone along the way. We keep what we can afford to. That’s the general concept anyway.

To answer the ding-a-ling critics – we’re aren’t “selling out” – we’re “buying in”. Which all started by just trying to help a few folks in a tough position.

Sometime back we were able to, because of our unique position – help some folks in a big way with their currency. This was when the various Dinar dealers were PUNISHING people on their buy-backs and not passing much on to buyers.

We helped. At a time when the advertised buy-back price was $500-650 per million (depending on condition) we were able to get one man $850 per million x 60 million which helped him save his farm. We didn’t make much ($25 per million – to be exact) – but we helped.

It was then I realized, if we were gonna’ keep this up, we ought to get registered as a dealer… just to be on the safe side. We did.

What does this mean for you? We try to offer the best number for those wanting to get out – and the best number we can for those wanting to get in or add more.

Our Sell price for today: $950 per million

www.TheDinarExchange.com

615-509-6256 (ANY TIME – If I’m awake and near the phone, I’ll answer. If not – leave a message. I’ll get right back to you.)

Here’s a nifty testimonial that just came in this morning…

“Hi Tom,

Yes. I got the wire. Thank you very much – Sir. It went just like you said it would. My friend is very grateful and said thank you. He needed money fast to pay a bill so it came just at the right time”.

Stephen O
______________________________________________________________


______________________________________________________________

Ghost (Dinar Guru) – When Obama pulled us out is when ISIL took over.  I don’t think we’ve come full circle yet…When you get news from Iraq, Remember Malaki owns more than ½ the newspapers and radio outlets, that broadcast the news.  When you see the news coming out of Iraq sometimes it’s totally tainted.  There is only one reliable newspaper over there, “The Baghdad Post.”  He doesn’t own that one.  The rest of them are completely fake news.  Completely!  All kinds of stuff about Sadr;  All the election stuff – it’s all under control. … I do still have a lot of high level Washington contacts, contacts in Baghdad and a good grasp of the situation because of the position I had.  I still have quite a lot of friends that were over there with me that know exactly what’s going on in these investments.

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

Sadr abandons his only condition to support Abadi’s candidacy for PM

Sadrists say they will nominate next prime minister of Iraq

Head of Sadrist Movement Moqtada al-Sadr abandoned his only condition to support Iraqi Prime Minister Haider al Abadi’s candidacy to another term in office, a well-informed source in Sairoun coalition said.

The source explained that Sadr’s condition was Abadi’s resignation from Islamic Dawa Party in exchange for supporting his candidacy for another term in office.

In addition, the source underlined that Abadi has the capabilities to remain in office, as a result of his success in leading the country under difficult security and economic circumstances.

The Parliamentary elections was marked by record low turnout. It was the first since Iraq declared victory over the ISIS group and the fourth since the 2003 US-led invasion that toppled Saddam Hussein.

Article Credit: Thebaghdadpost.com (Special Thanks to Charles Bright)
______________________________________________________________

The Iraq Report: MPs fearing corruption charges flee Iraq en masse

As the partial manual vote recount begins to finally settle the controversy-ridden general elections held in May, Iraqi parliamentarians have been leaving the country in large numbers.

Iraq has suffered from a plague of corruption since the US-led invasion in 2003 installed a new government, and many lawmakers are concerned they will be caught in the net of the incoming parliament, who have many political scores to settle by way of corruption allegations and scandals.

Meanwhile, the terrible story of the rise and fall of the Islamic State group continues to trouble Iraq as a key witness to events leading to the fall of Mosul to the extremists was found murdered. The witness allegedly had evidence that could have implicated the administration of former Prime Minister Nouri al-Maliki, blaming his government for severe shortcomings that led to Iraq’s second city falling under the sway of dangerous jihadists.

Vote recount begins as lawmakers flee

With the Iraqi Supreme Court’s decision late last month to conduct a partial manual recount of the votes cast in last May’s general election, the process has finally begun in the oil-rich disputed city of Kirkuk in northern Iraq.

Iraqi officials began a hand recount on Tuesday, state television reported, in a move that is set to prolong the already lengthy formation of a new government.

Footage of dozens of ballot boxes lined up on the ground in a sports hall were televised, with the government stating that the recount would be undertaken before representatives from the United Nations and other political parties. The sports hall was also covered by security cameras and protected by elite counterterrorism soldiers.

The high security came as a suicide bomber attempted to blow up a truck in the warehouse where the ballots were being held on Sunday, just days before the recount was set to begin. Although the bomber failed to destroy the ballots, he succeeded in damaging the facility and killing at least two security officers and wounding 21 bystanders.

The fact that the manual recount process has begun in Kirkuk will not be lost on the Turkmen, Arab and Kurdish parties who contested the elections in the divided governorate. Immediately following the release of the election results, Arab and Turkmen communities cried foul as the Patriotic Union of Kurdistan (PUK) party swept the majority of seats, including in ethnically non-Kurd districts.

These fears were substantiated by the International Crisis Group, which reported several disturbing incidences of potential voter fraud a little over a week after the elections. ICG also reported how electoral results history showed that ethnically Arab and Turkmen districts tend not to vote for Kurdish political parties in Kirkuk, and therefore there was a high possibility of fraud in these districts where the PUK swept the opposition away.

The delay in verifying the election results has led to Iraq facing a parliamentary vacuum for the first time since the 2003 invasion, as parliament held its last session on Saturday. Although the recount has begun, that has not stopped the winning coalitions from attempting to cut deals with each other to form a new government, showing the recount is unlikely to change the outcome significantly.

However, the process has caused panic among dozens of former lawmakers, who have flocked to Baghdad International Airport and departed to a range of countries on one-way tickets.

The New Arab’s Arabic-language service reported on Sunday that around 45 politicians from various blocs had taken to the skies, heading for destinations including Turkey, Egypt and Iran, often with their families. An airport official said they could be fleeing the country before their parliamentary immunity expires, leaving them open to prosecution on charges of corruption levelled against them by the incoming parliament.

The New Arab meets: Haifa al-Amin, the communist preparing to take a seat in Iraq’s parliament

Iraq has been riddled with corruption, particularly since the US deposed the Baathist regime of Saddam Hussein and installed a new government. Rather than having a transparent democracy, Iraqis have long complained of corrupt officials profiting from dipping into public coffers and becoming overnight millionaires in a country struggling with poverty, unemployment and economic instability.

Key witness ‘assassinated’

A major witness in an investigation into the 2014 fall of Mosul to Islamic State group extremists has been assassinated, The New Arab reported on Tuesday.

Mohammed Salim al-Fatlawi’s corpse was found last week dumped on the side of the road between the cities of Babil and Karbala, a security source revealed. Foul play is suspected.

“The killing is directly related to his role in the investigation into the fall of Mosul,” claimed the source, speaking on condition of anonymity.

Fatlawi was a military communications officer in Mosul just before the city fell to IS militants in 2014 as Iraqi military and police personnel fled the city and left it to its fate. He had already spoken to a parliamentary commission about the circumstances that led to the city’s fall, and was due to give evidence about the final transmissions received from central command before the militants took over.

Fatlawi’s murder is suspected to be part of a cover-up, protecting senior political and security officials in the government of former Prime Minister Nouri al-Maliki, a pro-Iran Shia Islamist politician from the same party as outgoing Prime Minister Haidar al-Abadi.

A parliamentary report in 2015 held 36 officials – including Maliki – responsible for the fall of the city, but no action was taken against them.

Maliki has been accused of an array of failures, including failing to provide military units with clear orders for the defence of Mosul, as well as allegations that a general retreat was ordered despite some estimates placing the Iraqi army as having a 3,000-to-one advantage against IS. Maliki has also been blamed for cultivating a hyper-sectarian environment in which Shia security and governmental officials mistreated Mosul’s Sunni majority, allowing IS and other insurgent groups to infiltrate and recruit.

With the fall of Mosul being overshadowed by the triumphalism of its recapture – even though Mosul is now the scene of mass devastation – it is unlikely that any government failures will be highlighted and punished. This is particularly so as witnesses to these failures are now turning up dead, sending a clear message of the price one must pay for talking to investigators.

Operations against IS resume

Iraq’s IS woes are far from over, however, as the country launches another major operation supported by the US-led anti-IS coalition to tackle the group that the government declared defeated last December.

The “Vengeance for the Martyrs” operation was launched on Wednesday after the bodies of hostages executed by IS were found late last month on a highway north of the capital, Baghdad. IS had threatened to kill hostages if the government failed to secure the release of female prisoners, and carried out their threats when the authorities ignored them.

In retaliation, Baghdad expedited the execution of a dozen prisoners last Friday. The authorities also declared on Sunday the development of a Trump-like wall along the Syrian border, allegedly to keep militants from traversing the porous frontier.

However, the main issue attracting controversy is Iraq’s record in dealing with the wives and children of IS militants. Human Rights Watch (HRW) has urged the Iraqi government to deal with foreign women and children on a case-by-case basis rather than issuing blanket death sentences as a “one size fits all” solution.

Iraq has incarcerated 833 children from 14 different nationalities, and on Tuesday called for those countries to repatriate their charges. Iraqi law renders children criminally liable from nine years old, according to HRW, and many are being held without charge or trial in a shocking contravention of international law. They may be punished for up to 15 years in prison for violent acts, and many of them are being accused of being members of IS by virtue of having adult relatives who were militants.

Article Credit: Alaraby.co.uk (Special Thanks to Charles Bright)
______________________________________________________________

Ghost (Dinar Guru) –     …Malaki…basically raped the country of everything.  He marked up the dollar so merchants couldn’t get any money.  He made sure the program rate was very, very low.  He was adamant about stealing from the people… I’ve heard as soon as this election comes to pass he will be in shackles and very quickly. …Yes and the irony of it is as the partially convertible currency turns to the IR, we RV, we can see upward of $4 – $7 per dinar…$4.25 to $7.70.  I have sources that have told me that.  They are unconfirmed at this point.  Feel so strongly IMO!

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

Al – Abadi ruled out the change of election results after re-counting and manual counting

​BAGHDAD (Reuters) – Re-counting will not change many of the announced results, with the exception of minor changes involving minor entities, a member of the victory coalition led by Prime Minister Haider al-Abadi said on Wednesday. , Especially as voter turnout was poor.

Al-Hayat quoted al-Hassani as saying today (July 4, 2018) that re-counting will not change much of the declared results, except minor changes that include simple entities in the western and northern parts of the country.

He added that “the recount of all votes by hand, will restore the confidence of the citizen politicians, especially as the turnout was weak because of the crisis of confidence suffered by the Iraqi people,” and felt that “partial recount will not take time,” and expressed hope that the hopes Who demanded it.”

The Iraqi Independent Electoral Commission (IHEC), which is mandated by the judiciary, has started a manual counting of voters in centers suspected of rigging and rigging the results. It announced the start of the counting process after the arrival of the team of judges assigned to Kirkuk and a number of other constituencies .

The newspaper quoted a senior source, who declined to be identified, that “the process of counting and partial sorting of the results of Kirkuk include more than 500 funds distributed to various centers in the province, including 190 funds have not sent data to Baghdad so far.”

“Strict procedures have been adopted by the panel of judges who are supervising the re-counting of the voices of questionable centers, including not allowing journalists and supervisors of electoral entities to enter their phones into the counting rooms . ”

The source revealed that “counting and sorting is not limited to the province of Kirkuk exclusively, but includes all the provinces that registered complaints and complaints,” pointing out that “the process of partial counting and sorting in all centers may take a full month, if there are no obstacles to prevent the flow of work.”

The Commission’s spokesman, Judge Laith Jabr Hamza, said in a statement that “the task entrusted to the Board of Commissioners under the third amendment to the electoral law, not in the form of some thought to see the mere recalculation of Voices, but includes a recount and manual sorting according to the legal context according to The laws and regulations in force for the elections, in addition to the procedures contained in the decision of the Federal Supreme Court in this regard.

It is worth mentioning that “the elections of the House of Representatives took place on 12 May last, and used the system of electronic voting, which is applied for the first time in the country, and faced the results of the election wave of objections, mostly political parties did not win, while a parliamentary commission of inquiry recorded irregularities related to fraud and mismanagement Elections.

Article Credit: http://sngiq.net/wordpress/?p=142432 (Special thanks to Charles Bright)
______________________________________________________________

Mnt Goat (Dinar Guru) –  So what do we look for once the Electoral Commission says all the re-counting is completed?  1.The Judicial must ratify the election results as completed (re-count of the ballots completed and certified by the Judiciary) looks like not until around end of July, as best.  2.seating the three presidents – new prime minister, speaker of the house and the ceremonial president and his three vice presidents.  3.  sense of political stability in Iraq.  4.maintained security with the region Note: I do not believe that the prime minister needs to seat his entire cabinet of ministers at this time for the RV

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

Don961 (Dinar Guru) –  Article:  “Learn about the security features of the world’s most highly traded currency”    Now why do you suppose an Iraqi news site would post an article about currencies that are highly traded in the world?? … Showing their security features … Just a random thing?? … Or on purpose?? …  To educate?? … IMO.

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

Some interesting headlines…

Maliki is currently without immunity and Iran is afraid of movement from Sadr to pursue him

Majid al-Nasrawi receives dollars and escapes to Iran after issuing arrest warrants against him

Rafidain Bank and KI partnership to provide global services soon

______________________________________________________________

Monetary policy .. fixed rate or partly floating?

Adel Abdul Mahdi – I have repeatedly written about the absurdity of the survival of the trillions of dinars outside the banking cycle, or frozen in banks, which instead of encouraging them to enter the banking cycle and turned them into investments and instruments for the stability of the monetary markets, exaggerated by the repressive measures, keen on the philosophy and loss of dinars.The economy has interests, relations and rights, governed by the laws of its interior rather than its appearance, moving towards points of attraction and escaping the points of danger .. This is why the nations are keen to increase the factors of encouragement and temptation, and resort mainly to the deterrent controls produced by the self-immunity of the movement of these laws, about her. We have repeatedly proposed adopting an encouraging vision in tax accounting and financial facilities, protecting money from arbitrary measures to escape, and eliminating the economy of the currency, the cash economy, which is the most important tool of corruption, which we talk about long.The rationality of rent and the rigidity of economic thought and its limited budget and collection, loans and foreign parts, and the neglect of real economic tools, put us in a vicious cycle of crises and lures and corruption .. Which leads us to more dependency and import and weak production and increase unemployment, I recently received a detailed report written by the end of 2014 one of the financial experts of one of the major banks, I saw useful publication of the most important paragraphs.

“There are three types of exchange rate: fixed (Iraq) .. Fully floating or moving (determined by market factors entirely) .. And partially or creeping (Lebanon) In order to determine the most appropriate system, the main economic indicators of the Iraqi economy should be: 44 billion dollars in the balance of trade, and surplus in the balance of payments about 30 billion dollars at the end of 2012 .. b) total foreign exchange reserves $ 71 billion at the end of 2013 .. c) the value of the monetary mass MO (paper and metal) ) M2 (M2 + demand deposits + mobile savings accounts) is about 73 billion.

Based on the assumption that 30% of the M2 will be available to citizens for daily expenses. This figure, according to the figures above, will be $ 22 billion. It is not used to buy the dollar and therefore does not constitute a demand for it. Some measures can be proposed to absorb liquidity: The disclosure of bank accounts and freezing them for reasons not related to the specific cases specified will contribute to the flight of capital from banks, And keep them in cash, constitute x (C) Issuance of treasury bonds to the public, which are subscribed by banks with a nominal nominal value of one bond, with periods ranging from one to two years, with attractive interest, to absorb up to $ 20 billion of the size of the monetary mass.

The Central Bank shall determine the price of the dollar, for example, 1170 for buying, and 1200 dinars for sale. B) The Central Bank shall release the market of the pieces and leave the banks and customers free to sell and buy. C) The Central Bank shall intervene or sell when the price is touched. The Central Bank reserves control of the market, especially in light of the presence of a cash mass of more than 23 billion dollars. In addition to other measures such as controlling the movement of money through border crossings, and encouraging citizens to deposit their savings in banks, And easing of strict measures, in the neighborhood Money Traceability can be tracked and moved. ”

Article Credit: Nrttv.com (Special Thanks to Vernell Washington)

______________________________________________________________

!cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA

Click this link to join the DU “private” FaceBook Group…

https://www.facebook.com/groups/571383766355188/

(go here and ask to join… then add some Dinar Friends!!)

______________________________________________________________

Iraq officially exits the FATF International Financial Control List

BAGHDAD / Tomorrow ‘s Press: announced the International Financial Action Task Force “FATF”, on Sunday, “officially” out of Iraq from the follow – up area thanks to the achievements of the Iraqi Central Bank and the Office of the fight against money laundering and the financing of terrorism “significant progress”.

The Central Bank of Iraq said in a press statement that “the International Financial Action Task Force officially announced the exit of Iraq from the follow-up area, because of the achievement of the Central Bank of Iraq and the Office of AML / CFT of significant progress in improving and addressing shortcomings.”

He added that “Iraq has fulfilled all its obligations towards the recommendations of the group and address the requirements of the strategy of combating money laundering and financing of terrorism prepared by the Central Bank of Iraq.”

“In addition to the enactment of the Anti-Money Laundering Law No. 39 of 2015, the issuance of instructions and regulations and the establishment of the Anti-Money Laundering and Terrorism Financing Council, as well as the Committee for the freezing of terrorist funds.”

“Thus, Iraq is no longer subject to monitoring and follow-up by FATF,” the bank said.

Article Credit: Alghadpress.com (Special Thanks to Vernell Washington)

BGG ~ It means – ONE STEP CLOSER!!

______________________________________________________________

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

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – July 11th

Dinar Daily NEWS Blog – July 9th

Why am I selling Dinar?

Simple answer: I’m selling – so I can buy. I sell so that we can increase holdings and help others along the way. We keep everything we can possibly afford to. That’s the general concept anyway.

To answer the ding-a-ling critics – we’re aren’t “selling out” – we’re “buying in”. Which all started by just trying to help a few folks in a tough position.

Sometime back we were able to, because of our unique position – help some folks in a big way with their currency. This was when the various Dinar dealers were PUNISHING people on their buy-backs and not passing much on to buyers.

We helped. At a time when the advertised buy-back price was $500-650 per million (depending on condition) we were able to get one man $850 per million x 60 million which helped him save his farm. We didn’t make much ($25 per million – to be exact) – but we helped.

It was then I realized, if we were gonna’ keep this up, we ought to get registered as a dealer… just to be on the safe side. We did.

What does this mean for you? We try to offer the best number for those wanting to get out – and the best number we can for those wanting to get in or add more.

Our Sell price for today: $950 per million

www.TheDinarExchange.com

615-509-6256 (ANY TIME – If I’m awake and near the phone, I’ll answer. If not – leave a message. I’ll get right back to you.)

Here’s a nifty testimonial that just came in this morning…

“Hi Tom,

Yes. I got the wire. Thank you very much – Sir. It went just like you said it would. My friend is very grateful and said thank you. He needed money fast to pay a bill so it came just at the right time”.

Stephen O

______________________________________________________________

BTW – I intend to keep buying and selling once there is a value change for the Dinar. No reason not to – the prices will just be higher.

______________________________________________________________

Sadr abandons his only condition to support Abadi’s candidacy for PM

Sadrists say they will nominate next prime minister of Iraq

Head of Sadrist Movement Moqtada al-Sadr abandoned his only condition to support Iraqi Prime Minister Haider al Abadi’s candidacy to another term in office, a well-informed source in Sairoun coalition said.

The source explained that Sadr’s condition was Abadi’s resignation from Islamic Dawa Party in exchange for supporting his candidacy for another term in office.

In addition, the source underlined that Abadi has the capabilities to remain in office, as a result of his success in leading the country under difficult security and economic circumstances.

The Parliamentary elections was marked by record low turnout. It was the first since Iraq declared victory over the ISIS group and the fourth since the 2003 US-led invasion that toppled Saddam Hussein.

Article Credit: Thebaghdadpost.com (Special Thanks to Charles Bright)
______________________________________________________________


______________________________________________________________

tman23 (Dinar Guru) –   Rate will be 4.25 or 6.14 and have a worthy piece of history in print which leads me to such a possibility.

BGG ~ It’s OFFICIAL. Ted has LOST IT!! OMG!!

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

The Iraq Report: MPs fearing corruption charges flee Iraq en masse

As the partial manual vote recount begins to finally settle the controversy-ridden general elections held in May, Iraqi parliamentarians have been leaving the country in large numbers.

Iraq has suffered from a plague of corruption since the US-led invasion in 2003 installed a new government, and many lawmakers are concerned they will be caught in the net of the incoming parliament, who have many political scores to settle by way of corruption allegations and scandals.

Meanwhile, the terrible story of the rise and fall of the Islamic State group continues to trouble Iraq as a key witness to events leading to the fall of Mosul to the extremists was found murdered. The witness allegedly had evidence that could have implicated the administration of former Prime Minister Nouri al-Maliki, blaming his government for severe shortcomings that led to Iraq’s second city falling under the sway of dangerous jihadists.

Vote recount begins as lawmakers flee

With the Iraqi Supreme Court’s decision late last month to conduct a partial manual recount of the votes cast in last May’s general election, the process has finally begun in the oil-rich disputed city of Kirkuk in northern Iraq.

Iraqi officials began a hand recount on Tuesday, state television reported, in a move that is set to prolong the already lengthy formation of a new government.

Footage of dozens of ballot boxes lined up on the ground in a sports hall were televised, with the government stating that the recount would be undertaken before representatives from the United Nations and other political parties. The sports hall was also covered by security cameras and protected by elite counterterrorism soldiers.

The high security came as a suicide bomber attempted to blow up a truck in the warehouse where the ballots were being held on Sunday, just days before the recount was set to begin. Although the bomber failed to destroy the ballots, he succeeded in damaging the facility and killing at least two security officers and wounding 21 bystanders.

The fact that the manual recount process has begun in Kirkuk will not be lost on the Turkmen, Arab and Kurdish parties who contested the elections in the divided governorate. Immediately following the release of the election results, Arab and Turkmen communities cried foul as the Patriotic Union of Kurdistan (PUK) party swept the majority of seats, including in ethnically non-Kurd districts.

These fears were substantiated by the International Crisis Group, which reported several disturbing incidences of potential voter fraud a little over a week after the elections. ICG also reported how electoral results history showed that ethnically Arab and Turkmen districts tend not to vote for Kurdish political parties in Kirkuk, and therefore there was a high possibility of fraud in these districts where the PUK swept the opposition away.

The delay in verifying the election results has led to Iraq facing a parliamentary vacuum for the first time since the 2003 invasion, as parliament held its last session on Saturday. Although the recount has begun, that has not stopped the winning coalitions from attempting to cut deals with each other to form a new government, showing the recount is unlikely to change the outcome significantly.

However, the process has caused panic among dozens of former lawmakers, who have flocked to Baghdad International Airport and departed to a range of countries on one-way tickets.

The New Arab’s Arabic-language service reported on Sunday that around 45 politicians from various blocs had taken to the skies, heading for destinations including Turkey, Egypt and Iran, often with their families. An airport official said they could be fleeing the country before their parliamentary immunity expires, leaving them open to prosecution on charges of corruption levelled against them by the incoming parliament.

The New Arab meets: Haifa al-Amin, the communist preparing to take a seat in Iraq’s parliament

Iraq has been riddled with corruption, particularly since the US deposed the Baathist regime of Saddam Hussein and installed a new government. Rather than having a transparent democracy, Iraqis have long complained of corrupt officials profiting from dipping into public coffers and becoming overnight millionaires in a country struggling with poverty, unemployment and economic instability.

Key witness ‘assassinated’

A major witness in an investigation into the 2014 fall of Mosul to Islamic State group extremists has been assassinated, The New Arab reported on Tuesday.

Mohammed Salim al-Fatlawi’s corpse was found last week dumped on the side of the road between the cities of Babil and Karbala, a security source revealed. Foul play is suspected.

“The killing is directly related to his role in the investigation into the fall of Mosul,” claimed the source, speaking on condition of anonymity.

Fatlawi was a military communications officer in Mosul just before the city fell to IS militants in 2014 as Iraqi military and police personnel fled the city and left it to its fate. He had already spoken to a parliamentary commission about the circumstances that led to the city’s fall, and was due to give evidence about the final transmissions received from central command before the militants took over.

Fatlawi’s murder is suspected to be part of a cover-up, protecting senior political and security officials in the government of former Prime Minister Nouri al-Maliki, a pro-Iran Shia Islamist politician from the same party as outgoing Prime Minister Haidar al-Abadi.

A parliamentary report in 2015 held 36 officials – including Maliki – responsible for the fall of the city, but no action was taken against them.

Maliki has been accused of an array of failures, including failing to provide military units with clear orders for the defence of Mosul, as well as allegations that a general retreat was ordered despite some estimates placing the Iraqi army as having a 3,000-to-one advantage against IS. Maliki has also been blamed for cultivating a hyper-sectarian environment in which Shia security and governmental officials mistreated Mosul’s Sunni majority, allowing IS and other insurgent groups to infiltrate and recruit.

With the fall of Mosul being overshadowed by the triumphalism of its recapture – even though Mosul is now the scene of mass devastation – it is unlikely that any government failures will be highlighted and punished. This is particularly so as witnesses to these failures are now turning up dead, sending a clear message of the price one must pay for talking to investigators.

Operations against IS resume

Iraq’s IS woes are far from over, however, as the country launches another major operation supported by the US-led anti-IS coalition to tackle the group that the government declared defeated last December.

The “Vengeance for the Martyrs” operation was launched on Wednesday after the bodies of hostages executed by IS were found late last month on a highway north of the capital, Baghdad. IS had threatened to kill hostages if the government failed to secure the release of female prisoners, and carried out their threats when the authorities ignored them.

In retaliation, Baghdad expedited the execution of a dozen prisoners last Friday. The authorities also declared on Sunday the development of a Trump-like wall along the Syrian border, allegedly to keep militants from traversing the porous frontier.

However, the main issue attracting controversy is Iraq’s record in dealing with the wives and children of IS militants. Human Rights Watch (HRW) has urged the Iraqi government to deal with foreign women and children on a case-by-case basis rather than issuing blanket death sentences as a “one size fits all” solution.

Iraq has incarcerated 833 children from 14 different nationalities, and on Tuesday called for those countries to repatriate their charges. Iraqi law renders children criminally liable from nine years old, according to HRW, and many are being held without charge or trial in a shocking contravention of international law. They may be punished for up to 15 years in prison for violent acts, and many of them are being accused of being members of IS by virtue of having adult relatives who were militants.

Article Credit: Alaraby.co.uk (Special Thanks to Charles Bright)
______________________________________________________________

“Steady Increase” in the Iraqi Dinar

​There has been a steady increase in the market price of the Iraqi Dinar (IQD) versus the USD, according to an Iraq Business News Expert.

In his market report for the month of June, Ahmed Tabaqchali said the premium over the official exchange rate has fallen to 1.2 percent, the lowest point in a number of years, from just under 6 percent at the end of 2017 and 10 percent at the end of 2016.

“FX spreads are one of many sources of revenues for the higher quality banks but constitute the bulk of earnings for the lower quality banks“, he adds…

Read Ahmed Tabaqchali’s full report here.

Credit: http://www.iraq-businessnews.com/ (Thanks to Charles Bright)
______________________________________________________________

Mnt Goat (Dinar Guru) –   Sadr has these corrupted politicians worried and shaking in their boots over the charges of corruption. He is coming for them… We read also today that in fact, if Sadr has his way, Nori al-Maliki is going to be one of them. I can assure you prosecuting Maliki may bring some unrest at first, but in the long run it will bring so much order and peace to Iraq. It is well worth the risk. But first they must settle the election results and make sure he does not “bargain” his way into yet another govt position to protect his immunity again as he did in 2014.  As far as I know…he has no bargaining power. But as long as they keep this re-counting of ballots charade going, this will buy him time to come up with something. I fully believe this is the real culprit behind these recounting shenanigans they are playing.

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

Al – Abadi ruled out the change of election results after re-counting and manual counting

​BAGHDAD (Reuters) – Re-counting will not change many of the announced results, with the exception of minor changes involving minor entities, a member of the victory coalition led by Prime Minister Haider al-Abadi said on Wednesday. , Especially as voter turnout was poor.

Al-Hayat quoted al-Hassani as saying today (July 4, 2018) that re-counting will not change much of the declared results, except minor changes that include simple entities in the western and northern parts of the country.

He added that “the recount of all votes by hand, will restore the confidence of the citizen politicians, especially as the turnout was weak because of the crisis of confidence suffered by the Iraqi people,” and felt that “partial recount will not take time,” and expressed hope that the hopes Who demanded it.”

The Iraqi Independent Electoral Commission (IHEC), which is mandated by the judiciary, has started a manual counting of voters in centers suspected of rigging and rigging the results. It announced the start of the counting process after the arrival of the team of judges assigned to Kirkuk and a number of other constituencies .

The newspaper quoted a senior source, who declined to be identified, that “the process of counting and partial sorting of the results of Kirkuk include more than 500 funds distributed to various centers in the province, including 190 funds have not sent data to Baghdad so far.”

“Strict procedures have been adopted by the panel of judges who are supervising the re-counting of the voices of questionable centers, including not allowing journalists and supervisors of electoral entities to enter their phones into the counting rooms . ”

The source revealed that “counting and sorting is not limited to the province of Kirkuk exclusively, but includes all the provinces that registered complaints and complaints,” pointing out that “the process of partial counting and sorting in all centers may take a full month, if there are no obstacles to prevent the flow of work.”

The Commission’s spokesman, Judge Laith Jabr Hamza, said in a statement that “the task entrusted to the Board of Commissioners under the third amendment to the electoral law, not in the form of some thought to see the mere recalculation of Voices, but includes a recount and manual sorting according to the legal context according to The laws and regulations in force for the elections, in addition to the procedures contained in the decision of the Federal Supreme Court in this regard.

It is worth mentioning that “the elections of the House of Representatives took place on 12 May last, and used the system of electronic voting, which is applied for the first time in the country, and faced the results of the election wave of objections, mostly political parties did not win, while a parliamentary commission of inquiry recorded irregularities related to fraud and mismanagement Elections.

Article Credit: http://sngiq.net/wordpress/?p=142432 (Special thanks to Charles Bright)
______________________________________________________________

ChrisC (Dinar Guru) – Article:  “Iran aims to conclude monetary agreements with three countries including Iraq”   Quote: “The governor of the Central Bank of Iran, Aliullah Saif, announced Saturday (July 7, 2018) that the bank will continue to conclude monetary agreements with Iraq, Russia and Azerbaijan to deal with national currencies.  I kept waiting to see if anybody would comment on this.  It seems this is one of the clearest of the day that Iraq has an international currency. Why would Iran want a “national” currency that they couldn’t do anything with?

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

Mnt Goat (Dinar Guru) –   Article:   “SADR ASKED WHEN WILL IRAQ’S CURRENCY IN THE RANKS OF MAJOR CURRENCIES”   Quote:  “when the Iraqi economy flourishes and ITS CURRENCY IN THE RANKS OF MAJOR CURRENCIES.”   Sadr is talking about the reinstatement of the dinar…WOW

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

Some interesting headlines…

Maliki is currently without immunity and Iran is afraid of movement from Sadr to pursue him

Majid al-Nasrawi receives dollars and escapes to Iran after issuing arrest warrants against him

Rafidain Bank and KI partnership to provide global services soon

______________________________________________________________

Monetary policy .. fixed rate or partly floating?

Adel Abdul Mahdi – I have repeatedly written about the absurdity of the survival of the trillions of dinars outside the banking cycle, or frozen in banks, which instead of encouraging them to enter the banking cycle and turned them into investments and instruments for the stability of the monetary markets, exaggerated by the repressive measures, keen on the philosophy and loss of dinars.The economy has interests, relations and rights, governed by the laws of its interior rather than its appearance, moving towards points of attraction and escaping the points of danger .. This is why the nations are keen to increase the factors of encouragement and temptation, and resort mainly to the deterrent controls produced by the self-immunity of the movement of these laws, about her. We have repeatedly proposed adopting an encouraging vision in tax accounting and financial facilities, protecting money from arbitrary measures to escape, and eliminating the economy of the currency, the cash economy, which is the most important tool of corruption, which we talk about long.The rationality of rent and the rigidity of economic thought and its limited budget and collection, loans and foreign parts, and the neglect of real economic tools, put us in a vicious cycle of crises and lures and corruption .. Which leads us to more dependency and import and weak production and increase unemployment, I recently received a detailed report written by the end of 2014 one of the financial experts of one of the major banks, I saw useful publication of the most important paragraphs.

“There are three types of exchange rate: fixed (Iraq) .. Fully floating or moving (determined by market factors entirely) .. And partially or creeping (Lebanon) In order to determine the most appropriate system, the main economic indicators of the Iraqi economy should be: 44 billion dollars in the balance of trade, and surplus in the balance of payments about 30 billion dollars at the end of 2012 .. b) total foreign exchange reserves $ 71 billion at the end of 2013 .. c) the value of the monetary mass MO (paper and metal) ) M2 (M2 + demand deposits + mobile savings accounts) is about 73 billion.

Based on the assumption that 30% of the M2 will be available to citizens for daily expenses. This figure, according to the figures above, will be $ 22 billion. It is not used to buy the dollar and therefore does not constitute a demand for it. Some measures can be proposed to absorb liquidity: The disclosure of bank accounts and freezing them for reasons not related to the specific cases specified will contribute to the flight of capital from banks, And keep them in cash, constitute x (C) Issuance of treasury bonds to the public, which are subscribed by banks with a nominal nominal value of one bond, with periods ranging from one to two years, with attractive interest, to absorb up to $ 20 billion of the size of the monetary mass.

The Central Bank shall determine the price of the dollar, for example, 1170 for buying, and 1200 dinars for sale. B) The Central Bank shall release the market of the pieces and leave the banks and customers free to sell and buy. C) The Central Bank shall intervene or sell when the price is touched. The Central Bank reserves control of the market, especially in light of the presence of a cash mass of more than 23 billion dollars. In addition to other measures such as controlling the movement of money through border crossings, and encouraging citizens to deposit their savings in banks, And easing of strict measures, in the neighborhood Money Traceability can be tracked and moved. ”

Article Credit: Nrttv.com (Special Thanks to Vernell Washington)

______________________________________________________________

!cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA

Click this link to join the DU “private” FaceBook Group…

https://www.facebook.com/groups/571383766355188/

(go here and ask to join… then add some Dinar Friends!!)

______________________________________________________________

Iraq officially exits the FATF International Financial Control List

BAGHDAD / Tomorrow ‘s Press: announced the International Financial Action Task Force “FATF”, on Sunday, “officially” out of Iraq from the follow – up area thanks to the achievements of the Iraqi Central Bank and the Office of the fight against money laundering and the financing of terrorism “significant progress”.

The Central Bank of Iraq said in a press statement that “the International Financial Action Task Force officially announced the exit of Iraq from the follow-up area, because of the achievement of the Central Bank of Iraq and the Office of AML / CFT of significant progress in improving and addressing shortcomings.”

He added that “Iraq has fulfilled all its obligations towards the recommendations of the group and address the requirements of the strategy of combating money laundering and financing of terrorism prepared by the Central Bank of Iraq.”

“In addition to the enactment of the Anti-Money Laundering Law No. 39 of 2015, the issuance of instructions and regulations and the establishment of the Anti-Money Laundering and Terrorism Financing Council, as well as the Committee for the freezing of terrorist funds.”

“Thus, Iraq is no longer subject to monitoring and follow-up by FATF,” the bank said.

Article Credit: Alghadpress.com (Special Thanks to Vernell Washington)

BGG ~ It means – ONE STEP CLOSER!!

______________________________________________________________

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

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – July 9th

Dinar Daily NEWS Blog – July 8th

Why am I selling Dinar?

Simple answer: I’m selling – so I can buy. I sell so that we can increase holdings and help others along the way. We keep everything we can possibly afford to. That’s the general concept anyway.

To answer the ding-a-ling critics – we’re aren’t “selling out” – we’re “buying in”. Which all started by just trying to help a few folks in a tough position.

Sometime back we were able to, because of our unique position – help some folks in a big way with their currency. This was when the various Dinar dealers were PUNISHING people on their buy-backs and not passing much on to buyers.

We helped. At a time when the advertised buy-back price was $500-650 per million (depending on condition) we were able to get one man $850 per million x 60 million which helped him save his farm. We didn’t make much ($25 per million – to be exact) – but we helped.

It was then I realized, if we were gonna’ keep this up, we ought to get registered as a dealer… just to be on the safe side. We did.

What does this mean for you? We try to offer the best number for those wanting to get out – and the best number we can for those wanting to get in or add more.

Our Sell price for today: $950 per million

www.TheDinarExchange.com

615-509-6256 (ANY TIME – If I’m awake and near the phone, I’ll answer. If not – leave a message. I’ll get right back to you.)

Here’s a nifty testimonial that just came in this morning…

“Hi Tom,

Yes. I got the wire. Thank you very much – Sir. It went just like you said it would. My friend is very grateful and said thank you. He needed money fast to pay a bill so it came just at the right time”.

Stephen O

______________________________________________________________

BTW – I intend to keep buying and selling once there is a value change for the Dinar. No reason not to – the prices will just be higher.

______________________________________________________________

Sadr abandons his only condition to support Abadi’s candidacy for PM

Sadrists say they will nominate next prime minister of Iraq

Head of Sadrist Movement Moqtada al-Sadr abandoned his only condition to support Iraqi Prime Minister Haider al Abadi’s candidacy to another term in office, a well-informed source in Sairoun coalition said.

The source explained that Sadr’s condition was Abadi’s resignation from Islamic Dawa Party in exchange for supporting his candidacy for another term in office.

In addition, the source underlined that Abadi has the capabilities to remain in office, as a result of his success in leading the country under difficult security and economic circumstances.

The Parliamentary elections was marked by record low turnout. It was the first since Iraq declared victory over the ISIS group and the fourth since the 2003 US-led invasion that toppled Saddam Hussein.

Article Credit: Thebaghdadpost.com (Special Thanks to Charles Bright)
______________________________________________________________


______________________________________________________________

tman23 (Dinar Guru) –   Rate will be 4.25 or 6.14 and have a worthy piece of history in print which leads me to such a possibility.

BGG ~ It’s OFFICIAL. Ted has LOST IT!! OMG!!

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

The Iraq Report: MPs fearing corruption charges flee Iraq en masse

As the partial manual vote recount begins to finally settle the controversy-ridden general elections held in May, Iraqi parliamentarians have been leaving the country in large numbers.

Iraq has suffered from a plague of corruption since the US-led invasion in 2003 installed a new government, and many lawmakers are concerned they will be caught in the net of the incoming parliament, who have many political scores to settle by way of corruption allegations and scandals.

Meanwhile, the terrible story of the rise and fall of the Islamic State group continues to trouble Iraq as a key witness to events leading to the fall of Mosul to the extremists was found murdered. The witness allegedly had evidence that could have implicated the administration of former Prime Minister Nouri al-Maliki, blaming his government for severe shortcomings that led to Iraq’s second city falling under the sway of dangerous jihadists.

Vote recount begins as lawmakers flee

With the Iraqi Supreme Court’s decision late last month to conduct a partial manual recount of the votes cast in last May’s general election, the process has finally begun in the oil-rich disputed city of Kirkuk in northern Iraq.

Iraqi officials began a hand recount on Tuesday, state television reported, in a move that is set to prolong the already lengthy formation of a new government.

Footage of dozens of ballot boxes lined up on the ground in a sports hall were televised, with the government stating that the recount would be undertaken before representatives from the United Nations and other political parties. The sports hall was also covered by security cameras and protected by elite counterterrorism soldiers.

The high security came as a suicide bomber attempted to blow up a truck in the warehouse where the ballots were being held on Sunday, just days before the recount was set to begin. Although the bomber failed to destroy the ballots, he succeeded in damaging the facility and killing at least two security officers and wounding 21 bystanders.

The fact that the manual recount process has begun in Kirkuk will not be lost on the Turkmen, Arab and Kurdish parties who contested the elections in the divided governorate. Immediately following the release of the election results, Arab and Turkmen communities cried foul as the Patriotic Union of Kurdistan (PUK) party swept the majority of seats, including in ethnically non-Kurd districts.

These fears were substantiated by the International Crisis Group, which reported several disturbing incidences of potential voter fraud a little over a week after the elections. ICG also reported how electoral results history showed that ethnically Arab and Turkmen districts tend not to vote for Kurdish political parties in Kirkuk, and therefore there was a high possibility of fraud in these districts where the PUK swept the opposition away.

The delay in verifying the election results has led to Iraq facing a parliamentary vacuum for the first time since the 2003 invasion, as parliament held its last session on Saturday. Although the recount has begun, that has not stopped the winning coalitions from attempting to cut deals with each other to form a new government, showing the recount is unlikely to change the outcome significantly.

However, the process has caused panic among dozens of former lawmakers, who have flocked to Baghdad International Airport and departed to a range of countries on one-way tickets.

The New Arab’s Arabic-language service reported on Sunday that around 45 politicians from various blocs had taken to the skies, heading for destinations including Turkey, Egypt and Iran, often with their families. An airport official said they could be fleeing the country before their parliamentary immunity expires, leaving them open to prosecution on charges of corruption levelled against them by the incoming parliament.

The New Arab meets: Haifa al-Amin, the communist preparing to take a seat in Iraq’s parliament

Iraq has been riddled with corruption, particularly since the US deposed the Baathist regime of Saddam Hussein and installed a new government. Rather than having a transparent democracy, Iraqis have long complained of corrupt officials profiting from dipping into public coffers and becoming overnight millionaires in a country struggling with poverty, unemployment and economic instability.

Key witness ‘assassinated’

A major witness in an investigation into the 2014 fall of Mosul to Islamic State group extremists has been assassinated, The New Arab reported on Tuesday.

Mohammed Salim al-Fatlawi’s corpse was found last week dumped on the side of the road between the cities of Babil and Karbala, a security source revealed. Foul play is suspected.

“The killing is directly related to his role in the investigation into the fall of Mosul,” claimed the source, speaking on condition of anonymity.

Fatlawi was a military communications officer in Mosul just before the city fell to IS militants in 2014 as Iraqi military and police personnel fled the city and left it to its fate. He had already spoken to a parliamentary commission about the circumstances that led to the city’s fall, and was due to give evidence about the final transmissions received from central command before the militants took over.

Fatlawi’s murder is suspected to be part of a cover-up, protecting senior political and security officials in the government of former Prime Minister Nouri al-Maliki, a pro-Iran Shia Islamist politician from the same party as outgoing Prime Minister Haidar al-Abadi.

A parliamentary report in 2015 held 36 officials – including Maliki – responsible for the fall of the city, but no action was taken against them.

Maliki has been accused of an array of failures, including failing to provide military units with clear orders for the defence of Mosul, as well as allegations that a general retreat was ordered despite some estimates placing the Iraqi army as having a 3,000-to-one advantage against IS. Maliki has also been blamed for cultivating a hyper-sectarian environment in which Shia security and governmental officials mistreated Mosul’s Sunni majority, allowing IS and other insurgent groups to infiltrate and recruit.

With the fall of Mosul being overshadowed by the triumphalism of its recapture – even though Mosul is now the scene of mass devastation – it is unlikely that any government failures will be highlighted and punished. This is particularly so as witnesses to these failures are now turning up dead, sending a clear message of the price one must pay for talking to investigators.

Operations against IS resume

Iraq’s IS woes are far from over, however, as the country launches another major operation supported by the US-led anti-IS coalition to tackle the group that the government declared defeated last December.

The “Vengeance for the Martyrs” operation was launched on Wednesday after the bodies of hostages executed by IS were found late last month on a highway north of the capital, Baghdad. IS had threatened to kill hostages if the government failed to secure the release of female prisoners, and carried out their threats when the authorities ignored them.

In retaliation, Baghdad expedited the execution of a dozen prisoners last Friday. The authorities also declared on Sunday the development of a Trump-like wall along the Syrian border, allegedly to keep militants from traversing the porous frontier.

However, the main issue attracting controversy is Iraq’s record in dealing with the wives and children of IS militants. Human Rights Watch (HRW) has urged the Iraqi government to deal with foreign women and children on a case-by-case basis rather than issuing blanket death sentences as a “one size fits all” solution.

Iraq has incarcerated 833 children from 14 different nationalities, and on Tuesday called for those countries to repatriate their charges. Iraqi law renders children criminally liable from nine years old, according to HRW, and many are being held without charge or trial in a shocking contravention of international law. They may be punished for up to 15 years in prison for violent acts, and many of them are being accused of being members of IS by virtue of having adult relatives who were militants.

Article Credit: Alaraby.co.uk (Special Thanks to Charles Bright)
______________________________________________________________

“Steady Increase” in the Iraqi Dinar

​There has been a steady increase in the market price of the Iraqi Dinar (IQD) versus the USD, according to an Iraq Business News Expert.

In his market report for the month of June, Ahmed Tabaqchali said the premium over the official exchange rate has fallen to 1.2 percent, the lowest point in a number of years, from just under 6 percent at the end of 2017 and 10 percent at the end of 2016.

“FX spreads are one of many sources of revenues for the higher quality banks but constitute the bulk of earnings for the lower quality banks“, he adds…

Read Ahmed Tabaqchali’s full report here.

Credit: http://www.iraq-businessnews.com/ (Thanks to Charles Bright)
______________________________________________________________

Mnt Goat (Dinar Guru) –   Sadr has these corrupted politicians worried and shaking in their boots over the charges of corruption. He is coming for them… We read also today that in fact, if Sadr has his way, Nori al-Maliki is going to be one of them. I can assure you prosecuting Maliki may bring some unrest at first, but in the long run it will bring so much order and peace to Iraq. It is well worth the risk. But first they must settle the election results and make sure he does not “bargain” his way into yet another govt position to protect his immunity again as he did in 2014.  As far as I know…he has no bargaining power. But as long as they keep this re-counting of ballots charade going, this will buy him time to come up with something. I fully believe this is the real culprit behind these recounting shenanigans they are playing.

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

Al – Abadi ruled out the change of election results after re-counting and manual counting

​BAGHDAD (Reuters) – Re-counting will not change many of the announced results, with the exception of minor changes involving minor entities, a member of the victory coalition led by Prime Minister Haider al-Abadi said on Wednesday. , Especially as voter turnout was poor.

Al-Hayat quoted al-Hassani as saying today (July 4, 2018) that re-counting will not change much of the declared results, except minor changes that include simple entities in the western and northern parts of the country.

He added that “the recount of all votes by hand, will restore the confidence of the citizen politicians, especially as the turnout was weak because of the crisis of confidence suffered by the Iraqi people,” and felt that “partial recount will not take time,” and expressed hope that the hopes Who demanded it.”

The Iraqi Independent Electoral Commission (IHEC), which is mandated by the judiciary, has started a manual counting of voters in centers suspected of rigging and rigging the results. It announced the start of the counting process after the arrival of the team of judges assigned to Kirkuk and a number of other constituencies .

The newspaper quoted a senior source, who declined to be identified, that “the process of counting and partial sorting of the results of Kirkuk include more than 500 funds distributed to various centers in the province, including 190 funds have not sent data to Baghdad so far.”

“Strict procedures have been adopted by the panel of judges who are supervising the re-counting of the voices of questionable centers, including not allowing journalists and supervisors of electoral entities to enter their phones into the counting rooms . ”

The source revealed that “counting and sorting is not limited to the province of Kirkuk exclusively, but includes all the provinces that registered complaints and complaints,” pointing out that “the process of partial counting and sorting in all centers may take a full month, if there are no obstacles to prevent the flow of work.”

The Commission’s spokesman, Judge Laith Jabr Hamza, said in a statement that “the task entrusted to the Board of Commissioners under the third amendment to the electoral law, not in the form of some thought to see the mere recalculation of Voices, but includes a recount and manual sorting according to the legal context according to The laws and regulations in force for the elections, in addition to the procedures contained in the decision of the Federal Supreme Court in this regard.

It is worth mentioning that “the elections of the House of Representatives took place on 12 May last, and used the system of electronic voting, which is applied for the first time in the country, and faced the results of the election wave of objections, mostly political parties did not win, while a parliamentary commission of inquiry recorded irregularities related to fraud and mismanagement Elections.

Article Credit: http://sngiq.net/wordpress/?p=142432 (Special thanks to Charles Bright)
______________________________________________________________

ChrisC (Dinar Guru) – Article:  “Iran aims to conclude monetary agreements with three countries including Iraq”   Quote: “The governor of the Central Bank of Iran, Aliullah Saif, announced Saturday (July 7, 2018) that the bank will continue to conclude monetary agreements with Iraq, Russia and Azerbaijan to deal with national currencies.  I kept waiting to see if anybody would comment on this.  It seems this is one of the clearest of the day that Iraq has an international currency. Why would Iran want a “national” currency that they couldn’t do anything with?

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

Mnt Goat (Dinar Guru) –   Article:   “SADR ASKED WHEN WILL IRAQ’S CURRENCY IN THE RANKS OF MAJOR CURRENCIES”   Quote:  “when the Iraqi economy flourishes and ITS CURRENCY IN THE RANKS OF MAJOR CURRENCIES.”   Sadr is talking about the reinstatement of the dinar…WOW

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

Some interesting headlines…

Maliki is currently without immunity and Iran is afraid of movement from Sadr to pursue him

Majid al-Nasrawi receives dollars and escapes to Iran after issuing arrest warrants against him

Rafidain Bank and KI partnership to provide global services soon

______________________________________________________________

Monetary policy .. fixed rate or partly floating?

Adel Abdul Mahdi – I have repeatedly written about the absurdity of the survival of the trillions of dinars outside the banking cycle, or frozen in banks, which instead of encouraging them to enter the banking cycle and turned them into investments and instruments for the stability of the monetary markets, exaggerated by the repressive measures, keen on the philosophy and loss of dinars.The economy has interests, relations and rights, governed by the laws of its interior rather than its appearance, moving towards points of attraction and escaping the points of danger .. This is why the nations are keen to increase the factors of encouragement and temptation, and resort mainly to the deterrent controls produced by the self-immunity of the movement of these laws, about her. We have repeatedly proposed adopting an encouraging vision in tax accounting and financial facilities, protecting money from arbitrary measures to escape, and eliminating the economy of the currency, the cash economy, which is the most important tool of corruption, which we talk about long.The rationality of rent and the rigidity of economic thought and its limited budget and collection, loans and foreign parts, and the neglect of real economic tools, put us in a vicious cycle of crises and lures and corruption .. Which leads us to more dependency and import and weak production and increase unemployment, I recently received a detailed report written by the end of 2014 one of the financial experts of one of the major banks, I saw useful publication of the most important paragraphs.

“There are three types of exchange rate: fixed (Iraq) .. Fully floating or moving (determined by market factors entirely) .. And partially or creeping (Lebanon) In order to determine the most appropriate system, the main economic indicators of the Iraqi economy should be: 44 billion dollars in the balance of trade, and surplus in the balance of payments about 30 billion dollars at the end of 2012 .. b) total foreign exchange reserves $ 71 billion at the end of 2013 .. c) the value of the monetary mass MO (paper and metal) ) M2 (M2 + demand deposits + mobile savings accounts) is about 73 billion.

Based on the assumption that 30% of the M2 will be available to citizens for daily expenses. This figure, according to the figures above, will be $ 22 billion. It is not used to buy the dollar and therefore does not constitute a demand for it. Some measures can be proposed to absorb liquidity: The disclosure of bank accounts and freezing them for reasons not related to the specific cases specified will contribute to the flight of capital from banks, And keep them in cash, constitute x (C) Issuance of treasury bonds to the public, which are subscribed by banks with a nominal nominal value of one bond, with periods ranging from one to two years, with attractive interest, to absorb up to $ 20 billion of the size of the monetary mass.

The Central Bank shall determine the price of the dollar, for example, 1170 for buying, and 1200 dinars for sale. B) The Central Bank shall release the market of the pieces and leave the banks and customers free to sell and buy. C) The Central Bank shall intervene or sell when the price is touched. The Central Bank reserves control of the market, especially in light of the presence of a cash mass of more than 23 billion dollars. In addition to other measures such as controlling the movement of money through border crossings, and encouraging citizens to deposit their savings in banks, And easing of strict measures, in the neighborhood Money Traceability can be tracked and moved. ”

Article Credit: Nrttv.com (Special Thanks to Vernell Washington)

______________________________________________________________

!cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA

Click this link to join the DU “private” FaceBook Group…

https://www.facebook.com/groups/571383766355188/

(go here and ask to join… then add some Dinar Friends!!)

______________________________________________________________

Iraq officially exits the FATF International Financial Control List

BAGHDAD / Tomorrow ‘s Press: announced the International Financial Action Task Force “FATF”, on Sunday, “officially” out of Iraq from the follow – up area thanks to the achievements of the Iraqi Central Bank and the Office of the fight against money laundering and the financing of terrorism “significant progress”.

The Central Bank of Iraq said in a press statement that “the International Financial Action Task Force officially announced the exit of Iraq from the follow-up area, because of the achievement of the Central Bank of Iraq and the Office of AML / CFT of significant progress in improving and addressing shortcomings.”

He added that “Iraq has fulfilled all its obligations towards the recommendations of the group and address the requirements of the strategy of combating money laundering and financing of terrorism prepared by the Central Bank of Iraq.”

“In addition to the enactment of the Anti-Money Laundering Law No. 39 of 2015, the issuance of instructions and regulations and the establishment of the Anti-Money Laundering and Terrorism Financing Council, as well as the Committee for the freezing of terrorist funds.”

“Thus, Iraq is no longer subject to monitoring and follow-up by FATF,” the bank said.

Article Credit: Alghadpress.com (Special Thanks to Vernell Washington)

BGG ~ It means – ONE STEP CLOSER!!

______________________________________________________________

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

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – July 8th

Dinar Daily NEWS Blog – July 6th

“Steady Increase” in the Iraqi Dinar

​There has been a steady increase in the market price of the Iraqi Dinar (IQD) versus the USD, according to an Iraq Business News Expert.

In his market report for the month of June, Ahmed Tabaqchali said the premium over the official exchange rate has fallen to 1.2 percent, the lowest point in a number of years, from just under 6 percent at the end of 2017 and 10 percent at the end of 2016.

“FX spreads are one of many sources of revenues for the higher quality banks but constitute the bulk of earnings for the lower quality banks“, he adds…

Read Ahmed Tabaqchali’s full report here.

Credit: http://www.iraq-businessnews.com/ (Thanks to Charles Bright)
______________________________________________________________

The Iraq Report: MPs fearing corruption charges flee Iraq en masse

As the partial manual vote recount begins to finally settle the controversy-ridden general elections held in May, Iraqi parliamentarians have been leaving the country in large numbers.

Iraq has suffered from a plague of corruption since the US-led invasion in 2003 installed a new government, and many lawmakers are concerned they will be caught in the net of the incoming parliament, who have many political scores to settle by way of corruption allegations and scandals.

Meanwhile, the terrible story of the rise and fall of the Islamic State group continues to trouble Iraq as a key witness to events leading to the fall of Mosul to the extremists was found murdered. The witness allegedly had evidence that could have implicated the administration of former Prime Minister Nouri al-Maliki, blaming his government for severe shortcomings that led to Iraq’s second city falling under the sway of dangerous jihadists.

Vote recount begins as lawmakers flee

With the Iraqi Supreme Court’s decision late last month to conduct a partial manual recount of the votes cast in last May’s general election, the process has finally begun in the oil-rich disputed city of Kirkuk in northern Iraq.

Iraqi officials began a hand recount on Tuesday, state television reported, in a move that is set to prolong the already lengthy formation of a new government.

Footage of dozens of ballot boxes lined up on the ground in a sports hall were televised, with the government stating that the recount would be undertaken before representatives from the United Nations and other political parties. The sports hall was also covered by security cameras and protected by elite counterterrorism soldiers.

The high security came as a suicide bomber attempted to blow up a truck in the warehouse where the ballots were being held on Sunday, just days before the recount was set to begin. Although the bomber failed to destroy the ballots, he succeeded in damaging the facility and killing at least two security officers and wounding 21 bystanders.

The fact that the manual recount process has begun in Kirkuk will not be lost on the Turkmen, Arab and Kurdish parties who contested the elections in the divided governorate. Immediately following the release of the election results, Arab and Turkmen communities cried foul as the Patriotic Union of Kurdistan (PUK) party swept the majority of seats, including in ethnically non-Kurd districts.

These fears were substantiated by the International Crisis Group, which reported several disturbing incidences of potential voter fraud a little over a week after the elections. ICG also reported how electoral results history showed that ethnically Arab and Turkmen districts tend not to vote for Kurdish political parties in Kirkuk, and therefore there was a high possibility of fraud in these districts where the PUK swept the opposition away.

The delay in verifying the election results has led to Iraq facing a parliamentary vacuum for the first time since the 2003 invasion, as parliament held its last session on Saturday. Although the recount has begun, that has not stopped the winning coalitions from attempting to cut deals with each other to form a new government, showing the recount is unlikely to change the outcome significantly.

However, the process has caused panic among dozens of former lawmakers, who have flocked to Baghdad International Airport and departed to a range of countries on one-way tickets.

The New Arab’s Arabic-language service reported on Sunday that around 45 politicians from various blocs had taken to the skies, heading for destinations including Turkey, Egypt and Iran, often with their families. An airport official said they could be fleeing the country before their parliamentary immunity expires, leaving them open to prosecution on charges of corruption levelled against them by the incoming parliament.

The New Arab meets: Haifa al-Amin, the communist preparing to take a seat in Iraq’s parliament

Iraq has been riddled with corruption, particularly since the US deposed the Baathist regime of Saddam Hussein and installed a new government. Rather than having a transparent democracy, Iraqis have long complained of corrupt officials profiting from dipping into public coffers and becoming overnight millionaires in a country struggling with poverty, unemployment and economic instability.

Key witness ‘assassinated’

A major witness in an investigation into the 2014 fall of Mosul to Islamic State group extremists has been assassinated, The New Arab reported on Tuesday.

Mohammed Salim al-Fatlawi’s corpse was found last week dumped on the side of the road between the cities of Babil and Karbala, a security source revealed. Foul play is suspected.

“The killing is directly related to his role in the investigation into the fall of Mosul,” claimed the source, speaking on condition of anonymity.

Fatlawi was a military communications officer in Mosul just before the city fell to IS militants in 2014 as Iraqi military and police personnel fled the city and left it to its fate. He had already spoken to a parliamentary commission about the circumstances that led to the city’s fall, and was due to give evidence about the final transmissions received from central command before the militants took over.

Fatlawi’s murder is suspected to be part of a cover-up, protecting senior political and security officials in the government of former Prime Minister Nouri al-Maliki, a pro-Iran Shia Islamist politician from the same party as outgoing Prime Minister Haidar al-Abadi.

A parliamentary report in 2015 held 36 officials – including Maliki – responsible for the fall of the city, but no action was taken against them.

Maliki has been accused of an array of failures, including failing to provide military units with clear orders for the defence of Mosul, as well as allegations that a general retreat was ordered despite some estimates placing the Iraqi army as having a 3,000-to-one advantage against IS. Maliki has also been blamed for cultivating a hyper-sectarian environment in which Shia security and governmental officials mistreated Mosul’s Sunni majority, allowing IS and other insurgent groups to infiltrate and recruit.

With the fall of Mosul being overshadowed by the triumphalism of its recapture – even though Mosul is now the scene of mass devastation – it is unlikely that any government failures will be highlighted and punished. This is particularly so as witnesses to these failures are now turning up dead, sending a clear message of the price one must pay for talking to investigators.

Operations against IS resume

Iraq’s IS woes are far from over, however, as the country launches another major operation supported by the US-led anti-IS coalition to tackle the group that the government declared defeated last December.

The “Vengeance for the Martyrs” operation was launched on Wednesday after the bodies of hostages executed by IS were found late last month on a highway north of the capital, Baghdad. IS had threatened to kill hostages if the government failed to secure the release of female prisoners, and carried out their threats when the authorities ignored them.

In retaliation, Baghdad expedited the execution of a dozen prisoners last Friday. The authorities also declared on Sunday the development of a Trump-like wall along the Syrian border, allegedly to keep militants from traversing the porous frontier.

However, the main issue attracting controversy is Iraq’s record in dealing with the wives and children of IS militants. Human Rights Watch (HRW) has urged the Iraqi government to deal with foreign women and children on a case-by-case basis rather than issuing blanket death sentences as a “one size fits all” solution.

Iraq has incarcerated 833 children from 14 different nationalities, and on Tuesday called for those countries to repatriate their charges. Iraqi law renders children criminally liable from nine years old, according to HRW, and many are being held without charge or trial in a shocking contravention of international law. They may be punished for up to 15 years in prison for violent acts, and many of them are being accused of being members of IS by virtue of having adult relatives who were militants.

Article Credit: Alaraby.co.uk (Special Thanks to Charles Bright)

______________________________________________________________


______________________________________________________________

Mnt Goat (Dinar Guru) –   Quote:  “THE USNs HAS BEEN APPROVED BY PRESIDENT TRUMP AND THIS WAS HOLDING BACK THE RV”   ...the “USN” designation is merely a code meaning (next day) transfer of US Dollar funds USD indicating how the funds are to be used. According to UN/CEFACT recommendation 9, paragraphs 8-9 (ECE/TRADE/203, 1996, it is used for inter-banking transactions. It does NOT mean “new” US currency. …“USN” is NOT a designation for a new currency coming out to replace the USD old currency that you now have. It is not GOLD backed. I quote from the [forex] site: “The US dollar actually has three codes assigned: USD, USS (same day) and USN (next day)...”   …the dinar is already pegged to the US dollar by a “de facto” peg put in place in 2003 to keep the dinar from fully crashing. As part of moving to Article 8 the IMF plans to re-peg the dinar to the SDR basket of 5 currencies of the strongest developed nations, one of which is the USD.

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

Political: Abadi received the green light for the second term

Information / Private .. The political analyst Hazem al-Bawi said Friday that Washington violated the security agreement with Baghdad after the establishment of the secret location of the artillery base in the west of the country, noting that the silence of the government in respect of this violation may be behind the green light of an American granting Abadi a second term.

“The secret location of the US artillery base in Anbar province represents a new violation of the security agreement between Baghdad and Washington,” al-Bawi said in a statement to Al-Maaloumah.

He added that “the government has repeatedly stressed that it is against the policy of axes and may not enter the game of agendas, and the Iraqi people are concerned about the continued silence of the government against this blatant violation so that the Prime Minister Haider Abadi has received a green American light to ensure a second mandate has the right to remain silent about what is happening In this rule of developments and suspicious movements. ”

He pointed out that “the talk of the military newspaper” Miltari Kom “is a recognition by the opinion bodies within the United States, that in the desert area of ​​western Iraq there are vast areas that prevent the US forces Baghdad government from approaching and the extension of authority.

Article Credit: Almaalomah.com (Special Thanks to Charles Bright)

BGG ~ My thinking – this is political jibberish put out by Maliki, etc, etc. Someone is trying to put a wedge between Abadi and Sadr. This looming political bloc is too big for the bad actors to overcome. They are trying to get it to not happen.

This is classic Maliki. He counts on the inherent inability of Iraqi politicians to get along… so, get everyone arguing with one another and thrive in the chaos.

______________________________________________________________

Al – Abadi ruled out the change of election results after re-counting and manual counting

​BAGHDAD (Reuters) – Re-counting will not change many of the announced results, with the exception of minor changes involving minor entities, a member of the victory coalition led by Prime Minister Haider al-Abadi said on Wednesday. , Especially as voter turnout was poor.

Al-Hayat quoted al-Hassani as saying today (July 4, 2018) that re-counting will not change much of the declared results, except minor changes that include simple entities in the western and northern parts of the country.

He added that “the recount of all votes by hand, will restore the confidence of the citizen politicians, especially as the turnout was weak because of the crisis of confidence suffered by the Iraqi people,” and felt that “partial recount will not take time,” and expressed hope that the hopes Who demanded it.”

The Iraqi Independent Electoral Commission (IHEC), which is mandated by the judiciary, has started a manual counting of voters in centers suspected of rigging and rigging the results. It announced the start of the counting process after the arrival of the team of judges assigned to Kirkuk and a number of other constituencies .

The newspaper quoted a senior source, who declined to be identified, that “the process of counting and partial sorting of the results of Kirkuk include more than 500 funds distributed to various centers in the province, including 190 funds have not sent data to Baghdad so far.”

“Strict procedures have been adopted by the panel of judges who are supervising the re-counting of the voices of questionable centers, including not allowing journalists and supervisors of electoral entities to enter their phones into the counting rooms . ”

The source revealed that “counting and sorting is not limited to the province of Kirkuk exclusively, but includes all the provinces that registered complaints and complaints,” pointing out that “the process of partial counting and sorting in all centers may take a full month, if there are no obstacles to prevent the flow of work.”

The Commission’s spokesman, Judge Laith Jabr Hamza, said in a statement that “the task entrusted to the Board of Commissioners under the third amendment to the electoral law, not in the form of some thought to see the mere recalculation of Voices, but includes a recount and manual sorting according to the legal context according to The laws and regulations in force for the elections, in addition to the procedures contained in the decision of the Federal Supreme Court in this regard.

It is worth mentioning that “the elections of the House of Representatives took place on 12 May last, and used the system of electronic voting, which is applied for the first time in the country, and faced the results of the election wave of objections, mostly political parties did not win, while a parliamentary commission of inquiry recorded irregularities related to fraud and mismanagement Elections.

Article Credit: http://sngiq.net/wordpress/?p=142432 (Special thanks to Charles Bright)

______________________________________________________________

Adam Montana (Dinar Guru) –  Work is steady across the pond in that big sandpit, which is all I’m asking for right now.   Abadi continues to move forward as if there wasn’t even another party and there weren’t elections recently. I’m not sure I’ve ever witnessed someone so smoothly ignoring the outcries from what has historically been a very disruptive opposition in these times. It’s actually refreshing to see! …I’ve been a supporter of Abadi since before he was first elected to his position. His demeanor and work ethic at this time, in spite of what could easily be an excuse to let things slide… the man is once again proving he’s business minded and goal oriented.

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

Maliki is currently without immunity and Iran is afraid of movement from Sadr to pursue him

Baghdad today –  The newspaper “Al Quds Al Arabi” in a report published on Wednesday that Iran is fearing a judicial move by the leader of the Sadrist movement Moqtada al-Sadr, to prosecute the leader of a coalition of state law Nuri al-Maliki, which maintains good relations with him, while referring to the escape of dozens of wanted to judge on charges Related to corruption.

“Dozens of political figures accused of corruption left Iraq, coinciding with the end of the legislative session (June 30), fearing their prosecution after the lifting of their immunity,” the newspaper quoted a source as saying on condition of anonymity.

“All political leaders are seeking to form the government as soon as possible to obtain immunity, especially those accused of corruption and causing the entry of an organization calling to Iraq, and the waste of the country’s wealth.”

He added that “Iran does not want to raise the leaders of political blocs close to them, any problems with the leader of the Sadrist movement Moqtada al-Sadr,” attributing the reason for “the possibility that the use of Sadr’s absence of immunity from Maliki to trigger lawsuits against him.”

The roots of the deep dispute between al-Sadr and al-Maliki, according to al-Quds al-Arabi, were between 2006 and 2007 when the latter carried out a cavalry operation targeting the Mehdi Army fighters of the Sadrist military wing in Baghdad and other provinces.

Sadr, the main supporter of the alliance, insists on forming a new Iraqi government with an “Iraqi decision,” away from external interference, as well as “corrupt” accountability, the report said.

Article Credit: Baghdadtoday.news (Special Thanks to Charles Bright)

______________________________________________________________

Adam Montana (Dinar Guru) –   In spite of that, I think we’re still on the uphill slope of this thing, at least for the next week or so. There may not be an “official” announcement of an election “winner”, or there may be multiple “announcements” that end up being meaningless and Abadi just carries on doing his job… if we don’t see anything negative in the next 3-7 days, I think we’re looking at some HCL news within the next couple weeks, and that will get this train back on track. Looking forward to some exciting times in the VERY near future, my friends! All it’s going to take is a little nudging and we’re off…

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

Kaperoni (Dinar Guru) –   A good article today…sounds like Sadr is calling for currency reform.

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

Some interesting headlines…

Sadr’s understanding with Allawi and Hakim waiting for Abadi

The conclusion of the meeting of the three presidencies and political leaders .. Jabbouri announced the details

End of the meeting of the three presidencies and political leaders .. Jabbouri announced the details

BGG ~ So – let me get this straight… these guys have a meeting, set out a way to verify the results and move on, then someone who was in this meeting, doesn’t like the sound of things – and immediately (the next morning) tries to set fire to the ballot boxes (which would be used to further this effort).

Here’s my take – this is as close as Maliki will ever get to having his way again. Any one thing doesn’t go his way from here on in and he’s done for good.

______________________________________________________________

Monetary policy .. fixed rate or partly floating?

Adel Abdul Mahdi – I have repeatedly written about the absurdity of the survival of the trillions of dinars outside the banking cycle, or frozen in banks, which instead of encouraging them to enter the banking cycle and turned them into investments and instruments for the stability of the monetary markets, exaggerated by the repressive measures, keen on the philosophy and loss of dinars.The economy has interests, relations and rights, governed by the laws of its interior rather than its appearance, moving towards points of attraction and escaping the points of danger .. This is why the nations are keen to increase the factors of encouragement and temptation, and resort mainly to the deterrent controls produced by the self-immunity of the movement of these laws, about her. We have repeatedly proposed adopting an encouraging vision in tax accounting and financial facilities, protecting money from arbitrary measures to escape, and eliminating the economy of the currency, the cash economy, which is the most important tool of corruption, which we talk about long.The rationality of rent and the rigidity of economic thought and its limited budget and collection, loans and foreign parts, and the neglect of real economic tools, put us in a vicious cycle of crises and lures and corruption .. Which leads us to more dependency and import and weak production and increase unemployment, I recently received a detailed report written by the end of 2014 one of the financial experts of one of the major banks, I saw useful publication of the most important paragraphs.

“There are three types of exchange rate: fixed (Iraq) .. Fully floating or moving (determined by market factors entirely) .. And partially or creeping (Lebanon) In order to determine the most appropriate system, the main economic indicators of the Iraqi economy should be: 44 billion dollars in the balance of trade, and surplus in the balance of payments about 30 billion dollars at the end of 2012 .. b) total foreign exchange reserves $ 71 billion at the end of 2013 .. c) the value of the monetary mass MO (paper and metal) ) M2 (M2 + demand deposits + mobile savings accounts) is about 73 billion.

Based on the assumption that 30% of the M2 will be available to citizens for daily expenses. This figure, according to the figures above, will be $ 22 billion. It is not used to buy the dollar and therefore does not constitute a demand for it. Some measures can be proposed to absorb liquidity: The disclosure of bank accounts and freezing them for reasons not related to the specific cases specified will contribute to the flight of capital from banks, And keep them in cash, constitute x (C) Issuance of treasury bonds to the public, which are subscribed by banks with a nominal nominal value of one bond, with periods ranging from one to two years, with attractive interest, to absorb up to $ 20 billion of the size of the monetary mass.

The Central Bank shall determine the price of the dollar, for example, 1170 for buying, and 1200 dinars for sale. B) The Central Bank shall release the market of the pieces and leave the banks and customers free to sell and buy. C) The Central Bank shall intervene or sell when the price is touched. The Central Bank reserves control of the market, especially in light of the presence of a cash mass of more than 23 billion dollars. In addition to other measures such as controlling the movement of money through border crossings, and encouraging citizens to deposit their savings in banks, And easing of strict measures, in the neighborhood Money Traceability can be tracked and moved. ”

Article Credit: Nrttv.com (Special Thanks to Vernell Washington)

______________________________________________________________

!cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA

Click this link to join the DU “private” FaceBook Group…

https://www.facebook.com/groups/571383766355188/

(go here and ask to join… then add some Dinar Friends!!)

______________________________________________________________

Iraq officially exits the FATF International Financial Control List

BAGHDAD / Tomorrow ‘s Press: announced the International Financial Action Task Force “FATF”, on Sunday, “officially” out of Iraq from the follow – up area thanks to the achievements of the Iraqi Central Bank and the Office of the fight against money laundering and the financing of terrorism “significant progress”.

The Central Bank of Iraq said in a press statement that “the International Financial Action Task Force officially announced the exit of Iraq from the follow-up area, because of the achievement of the Central Bank of Iraq and the Office of AML / CFT of significant progress in improving and addressing shortcomings.”

He added that “Iraq has fulfilled all its obligations towards the recommendations of the group and address the requirements of the strategy of combating money laundering and financing of terrorism prepared by the Central Bank of Iraq.”

“In addition to the enactment of the Anti-Money Laundering Law No. 39 of 2015, the issuance of instructions and regulations and the establishment of the Anti-Money Laundering and Terrorism Financing Council, as well as the Committee for the freezing of terrorist funds.”

“Thus, Iraq is no longer subject to monitoring and follow-up by FATF,” the bank said.

Article Credit: Alghadpress.com (Special Thanks to Vernell Washington)

BGG ~ It means – ONE STEP CLOSER!!

______________________________________________________________

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

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – July 6th

Dinar Daily NEWS Blog – July 5th

Al – Abadi ruled out the change of election results after re-counting and manual counting

​BAGHDAD (Reuters) – Re-counting will not change many of the announced results, with the exception of minor changes involving minor entities, a member of the victory coalition led by Prime Minister Haider al-Abadi said on Wednesday. , Especially as voter turnout was poor.

Al-Hayat quoted al-Hassani as saying today (July 4, 2018) that re-counting will not change much of the declared results, except minor changes that include simple entities in the western and northern parts of the country.

He added that “the recount of all votes by hand, will restore the confidence of the citizen politicians, especially as the turnout was weak because of the crisis of confidence suffered by the Iraqi people,” and felt that “partial recount will not take time,” and expressed hope that the hopes Who demanded it.”

The Iraqi Independent Electoral Commission (IHEC), which is mandated by the judiciary, has started a manual counting of voters in centers suspected of rigging and rigging the results. It announced the start of the counting process after the arrival of the team of judges assigned to Kirkuk and a number of other constituencies .

The newspaper quoted a senior source, who declined to be identified, that “the process of counting and partial sorting of the results of Kirkuk include more than 500 funds distributed to various centers in the province, including 190 funds have not sent data to Baghdad so far.”

“Strict procedures have been adopted by the panel of judges who are supervising the re-counting of the voices of questionable centers, including not allowing journalists and supervisors of electoral entities to enter their phones into the counting rooms . ”

The source revealed that “counting and sorting is not limited to the province of Kirkuk exclusively, but includes all the provinces that registered complaints and complaints,” pointing out that “the process of partial counting and sorting in all centers may take a full month, if there are no obstacles to prevent the flow of work.”

The Commission’s spokesman, Judge Laith Jabr Hamza, said in a statement that “the task entrusted to the Board of Commissioners under the third amendment to the electoral law, not in the form of some thought to see the mere recalculation of Voices, but includes a recount and manual sorting according to the legal context according to The laws and regulations in force for the elections, in addition to the procedures contained in the decision of the Federal Supreme Court in this regard.

It is worth mentioning that “the elections of the House of Representatives took place on 12 May last, and used the system of electronic voting, which is applied for the first time in the country, and faced the results of the election wave of objections, mostly political parties did not win, while a parliamentary commission of inquiry recorded irregularities related to fraud and mismanagement Elections.

Article Credit: http://sngiq.net/wordpress/?p=142432 (Special thanks to Charles Bright)
______________________________________________________________

International team of experts in Baghdad to track the money of figures loyal to Iran

According to a report published on Sunday, July 01, 2018, a team of foreign experts working in Iraq, for months, to track the accounts of the funds of a number of people “loyal to Iran,” noting that the team works in cooperation with the government Iraq.

The newspaper said in its report that “in light of the economic crisis suffocation suffered by the Iranian interior, Iraqi factions loyal to Tehran fear they could not get Khamenei’s help if it came under additional US pressure.”

According to the report, these factions rely on “Iranian influence in various Iraqi institutions to obtain contracts to execute projects, some of which are fictitious, generating millions of dollars annually.”

“So far, US pressure on Iran’s allies in Iraq has been limited to funding aspects,” she said.

“Foreign experts working in the Iraqi capital for months have been tracking the flow of funds that are moving between the accounts of pro-Iranian Iraqi figures,” the sources told the paper, which they described as “high” in Baghdad.

The sources added that “foreign experts coordinate their efforts with the office of Iraqi Prime Minister Haider al-Abadi, in addition to an international investigation network linked to the World Banks and the World Bank and the Central Bank of Iraq, to ​​prosecute any transfers from and to Iraq, suspected of links to the Iranian regime.”

Observers believe that Iraq is a main station for trading Iranian and Iraqi funds aimed at fueling conflicts in Yemen, Lebanon and Syria.

The United States, according to the report, “dealt an important blow to the network of money laundering operated by Iran in Iraq, when the name of the bank (Islamic countries) owned by Iraqi politician Aras Karim, on the list of banks banned, because of financial transactions suspicious.

The bank, according to the report, is known as “a major terminal for the transfer of funds from Iran and Iraq to the Lebanese Hezbollah, led by Hassan Nasrallah.”

The Iraqi newspaper pointed out that “the amount of Iraqi coordination with the efforts of prosecution, was clear, when the Iraqi Central Bank announced its response to the American decision, about 48 hours after its issuance, as he informed all Iraqi banks to stop dealing with the Bank of the country, asking them to freeze its assets “He said.

The newspaper said that “the Bank of the country is the front of the huge financial activities between Iraq and Lebanon, supervised by the commander of the Quds Force in the Iranian Revolutionary Guards General Qassem Soleimani.”

“The US-led financial pressure on Iraqi banks that are helping the Iranian regime is a prelude to US action, perhaps more severe,” the newspaper said, quoting observers.

Iraqi observers living in the United States say Washington may be planning an imminent escalation against Iran.

Article Credit: http://baghdadtoday.news (Special thanks to Charles Bright)

BGG ~ Makes more sense now that Maliki’s kid was arrested in Lebanon with 1.5 Billion USD in his apartment… could he have have been the bag man for Maliki’s hinky Iranian financial dealings??

______________________________________________________________


______________________________________________________________

Mnt Goat (Dinar Guru) –   Quote:  “THE USNs HAS BEEN APPROVED BY PRESIDENT TRUMP AND THIS WAS HOLDING BACK THE RV”   ...the “USN” designation is merely a code meaning (next day) transfer of US Dollar funds USD indicating how the funds are to be used. According to UN/CEFACT recommendation 9, paragraphs 8-9 (ECE/TRADE/203, 1996, it is used for inter-banking transactions. It does NOT mean “new” US currency. …“USN” is NOT a designation for a new currency coming out to replace the USD old currency that you now have. It is not GOLD backed. I quote from the [forex] site: “The US dollar actually has three codes assigned: USD, USS (same day) and USN (next day)...”   …the dinar is already pegged to the US dollar by a “de facto” peg put in place in 2003 to keep the dinar from fully crashing. As part of moving to Article 8 the IMF plans to re-peg the dinar to the SDR basket of 5 currencies of the strongest developed nations, one of which is the USD.

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

Iraq officially exits the FATF International Financial Control List

BAGHDAD / Tomorrow ‘s Press: announced the International Financial Action Task Force “FATF”, on Sunday, “officially” out of Iraq from the follow – up area thanks to the achievements of the Iraqi Central Bank and the Office of the fight against money laundering and the financing of terrorism “significant progress”.

The Central Bank of Iraq said in a press statement that “the International Financial Action Task Force officially announced the exit of Iraq from the follow-up area, because of the achievement of the Central Bank of Iraq and the Office of AML / CFT of significant progress in improving and addressing shortcomings.”

He added that “Iraq has fulfilled all its obligations towards the recommendations of the group and address the requirements of the strategy of combating money laundering and financing of terrorism prepared by the Central Bank of Iraq.”

“In addition to the enactment of the Anti-Money Laundering Law No. 39 of 2015, the issuance of instructions and regulations and the establishment of the Anti-Money Laundering and Terrorism Financing Council, as well as the Committee for the freezing of terrorist funds.”

“Thus, Iraq is no longer subject to monitoring and follow-up by FATF,” the bank said.

Article Credit: Alghadpress.com (Special Thanks to Vernell Washington)

BGG ~ It means – ONE STEP CLOSER!!

______________________________________________________________

Iraq: 20 Lawmakers to Be Arrested as Parliament Term Ends

ERBIL — At least 20 Iraqi lawmakers will be arrested after Sunday as their term at the Iraqi parliament has ended, and they are striped of their parliamentary immunity, another lawmaker said.

Following several failed attempts by some factions, the Iraqi parliament failed to extend its own term before it ended on Sunday.

Mohammed Sayhoud, a lawmaker from the State of Law Coalition, told reporters that at least 20 members of parliament had been issued arrest warrants over charges related to terrorism and corruption.

He said the government is now required to arrest the suspects as they are not protected by their parliamentary immunity any longer.

According to Sayhoud, the government is violating the law by acting reluctant in arresting suspects with influence under the pretext of protecting public interests and peace.

Article Credit: Basnews.com (Special Thanks to Charles Bright)

BGG ~ I’m a little curious to see if there is any specific sectarian break-down on this round of prosecutions. Not that it really makes a direct impact on the overall investment – I’m just curious. 

It also looks like, to me, the political climate is getting better and better. Progress.

Anyone telling you the political climate isn’t important simply isn’t paying attention. The things we are seeing unfold right now are pretty good for the overall welfare of this investment and Iraq in general. 

______________________________________________________________

Adam Montana (Dinar Guru) –  Work is steady across the pond in that big sandpit, which is all I’m asking for right now.   Abadi continues to move forward as if there wasn’t even another party and there weren’t elections recently. I’m not sure I’ve ever witnessed someone so smoothly ignoring the outcries from what has historically been a very disruptive opposition in these times. It’s actually refreshing to see! …I’ve been a supporter of Abadi since before he was first elected to his position. His demeanor and work ethic at this time, in spite of what could easily be an excuse to let things slide… the man is once again proving he’s business minded and goal oriented.

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

Abadi Bens: We are working to form a strong government service

URGENT Abadi / Pence: We are working to form a strong government service

(BNA) Prime Minister Haidar al-Abadi received a phone call from US Vice President Mike Pence on Monday, during which they discussed bilateral relations and bilateral relations, as well as the political and security situation.

“The United States is committed to supporting Iraq, which has achieved a great victory over gangs that support terrorism and liberate its territory,” Pence said in a statement.

“Our country will continue to support Iraq in the construction and reconstruction phase,” he said. “We appreciate the efforts of the Iraqi government to return the displaced and preserve the minorities and return them to their areas.”

Abadi said that “the Iraqi government and our heroic forces continue to pursue the cells and terrorist pockets to eliminate them.”

He added that “Iraq’s priorities are to maintain the achievements achieved in the field of security and the promotion and economic reform and services and construction and reconstruction and the provision of employment opportunities and this is what we are working on now with the importance of forming a strong government provides services and aspirations of the citizen.”

Article Credit: Alforatnews.com (Special Thanks to Charles Bright)

______________________________________________________________

Adam Montana (Dinar Guru) –   In spite of that, I think we’re still on the uphill slope of this thing, at least for the next week or so. There may not be an “official” announcement of an election “winner”, or there may be multiple “announcements” that end up being meaningless and Abadi just carries on doing his job… if we don’t see anything negative in the next 3-7 days, I think we’re looking at some HCL news within the next couple weeks, and that will get this train back on track. Looking forward to some exciting times in the VERY near future, my friends! All it’s going to take is a little nudging and we’re off…

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

Kaperoni (Dinar Guru) –   A good article today…sounds like Sadr is calling for currency reform.

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

Some interesting headlines…

Sadr’s understanding with Allawi and Hakim waiting for Abadi

The conclusion of the meeting of the three presidencies and political leaders .. Jabbouri announced the details

End of the meeting of the three presidencies and political leaders .. Jabbouri announced the details

BGG ~ So – let me get this straight… these guys have a meeting, set out a way to verify the results and move on, then someone who was in this meeting, doesn’t like the sound of things – and immediately (the next morning) tries to set fire to the ballot boxes (which would be used to further this effort).

Here’s my take – this is as close as Maliki will ever get to having his way again. Any one thing doesn’t go his way from here on in and he’s done for good.

______________________________________________________________

Iraqi Prime Minister Haider al-Abadi speaks at the United States Institute of Peace on ties with the US and the war with Daesh in Washington, USA on March 20, 2017. ( Samuel Corum/ Anadolu Agency )

Large blocs in Iraq avoid coalition with former prime minister

Iraq’s Prime Minister and Leader of Al-Nasser Coalition (Victory Alliance), Haider Al-Abadi, has been trying to avoid making a coalition with his predecessor, Nouri Al-Maliki, Al-Araby Al-Jadeed reported on Monday. Working with the Sa’eroon Coalition leader Muqtada Al-Sadr, Al-Abadi has been exerting efforts to avoid such a deal. Al-Nasser and Sa’eroon are the largest coalitions in the new Iraqi parliament.

Meanwhile, another Coalition, Al-Fateh, formed mainly by Al-Hashd Al-Shaabi (the Popular Mobilisation Forces), has been trying to bring Al-Maliki closer to the largest groups. “Al-Fateh Coalition, headed by Hadi Al-Ameri, is trying to bring the ex-Prime Minister closer to the coalition of Sa’eroon, Al-Nasser and Al-Fateh,” explained one Sa’eroon official. He noted that such an effort “will bring the Shia home together again.”

The official, who refused to give his name, said that all three groups have the same stance towards Al-Maliki, but they have set conditions for him to join the coalition. One of these, he explained, is that he will not be given any of the sovereign ministries to run. This and other conditions are expected to be unacceptable to him.

Al-Abadi and Al-Sadr announced a non-sectarian coalition on Saturday that includes their own groups in order to guarantee the largest parliamentary bloc. They insisted that they are open to anyone.

Meanwhile, Al-Maliki is working to announce a new political initiative with a meeting of all Shia political blocs. The intention is for those attending to agree on the allocation of the sovereign ministries and the government’s programme.

Al-Maliki was the Iraqi Prime Minister between 2006 and 2014. Many rights violations and the detention of thousands of innocent people on political and sectarian grounds occurred during his time in office. Allegations of vast sums of state money being wasted have also been made.

More than five million people were displaced on his watch after their homes were occupied by Daesh. The Iraqi people blamed him, as the then Commander of the armed forces, for the massacre of 1,700 army cadets by Daesh inside the “Spiker” military college in 2014.

https://www.middleeastmonitor.com/20180626-large-blocs-in-iraq-avoid-coalition-with-former-prime-minister/

______________________________________________________________

!cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA

Click this link to join the DU “private” FaceBook Group…

https://www.facebook.com/groups/571383766355188/

(go here and ask to join… then add some Dinar Friends!!)

______________________________________________________________

Iraq PM and cleric Sadr agree alliance

NAJAF: Iraqi Prime Minister Haider Al-Abadi and nationalist cleric Moqtada Sadr said they had formed an alliance in a bid to create a new government after May polls.

Sadr’s joint list with communists won 54 seats in the legislative elections to become the biggest bloc in Iraq’s 329-seat parliament, while Abadi’s bloc came in third, scooping just 42 seats.

On Saturday Abadi travelled to the Shiite shrine city of Najaf to meet Sadr.

After three hours of talks they issued a joint statement announcing they had set up a coalition.

The statement said their alliance “transcends sectarianism and ethnic” issues “in order to speed up the formation of the new government and agree on the principles which serve the aspirations of our people”.

A source close to Sadr’s Marching Towards Reform alliance said the thorniest issue is who will fill the post of prime minister in the new government.

Abadi would like to keep the job but is meeting resistance from rivals who beat his bloc in the election.

Saturday’s joint statement did not mention an alliance Sadr formed earlier this month with two other lists, ahead of a manual recount ordered by Iraq’s supreme court amid allegations of fraud.

Last week the firebrand Sadr, a former militia leader, reached a coalition agreement with the pro-Iranian former fighters under Hadi Al-Ameri, whose list came second in the election with 47 seats.

Before that, Sadr formed an alliance with Ammar al-Hakim’s Al-Hikma list, which won 19 seats, and the secular outgoing vice-president Iyad Allawi, whose list was comprised largely of Sunnis and secured 21 seats.

Al-Sadr campaigned on a platform to end sectarian politics and replace it with a government that puts Iraqis first.

Instead, he has forged a postelection coalition with a rival Shiite bloc that includes some of the most powerful militias operating in Iraq – groups that get their funding and support from Tehran.

The deal underscores the active role Iran is taking in shaping the next government of Iraq, sending key military and spiritual advisers to revive a grand coalition of Shiite parties as a conduit for its influence in Baghdad. It also illustrates how Iran has gained sway over Al-Sadr, who once called for booting foreign influence from Iraq.

Article Credit: Gulftoday.ae

______________________________________________________________

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

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – July 5th

Dinar Daily NEWS Blog – July 3rd

Iran militias in Iraq expected to vanish after US financial sanctions

Iranian militias in Iraq are expected to economically vanish after the enforcement of the US sanctions, analysts told the Baghdad Post. For them, the US pressures and sanctions, imposed on the Iraqi banks linked to Iran will put an end to these gangs, especially after freezing their financial resources. Many questions face the Iranian gangs after restricting the banks that provide them with needed funds.

According to a report published on the Iraqi daily Al-Arab newspaper, the Iraqi political forces loyal to Iran are in a state of severe foreboding over the worrying future of Iran, which appears to be surrounded by serious international risks.

The Iraqi political forces are closely monitoring the current protests staged against the Iranian regime and its foreign policy, which has weakened the country’s domestic economy and resulted in international outrage.

For the first time, the Iraqi forces, loyal to Iran, do not seem confident of the Khomeini’s Velayat-e-Faqih doctrine’s ability to overcome the current looming challenges, topped by the United States withdrawal from the 2015 nuclear deal with Iran.

Well-informed sources told ‘Al-Arab’ that the Iraqi Shiite political forces, which have friendly relations with Iran, are increasingly concerned about the reports of deterioration of Iran’s Supreme Leader, Ayatollah Ali Khamenei’s health condition, who has sustained with prostate cancer.

Some Shiite political parties in Baghdad are talking about a real US intention to curb the Iranian influence in Iraq.

“Iraq is a potential arena for an impending conflict between the United States and Iran,” said the parties.

Khamenei’s support

In light of the critical economic crisis witnessed by Iran, Some Iraqi factions loyal to Tehran are afraid of the failure to get Khamenei’s help if they came under additional American pressure.

These Iraqi factions rely on Iranian influence in various domestic institutions in order to obtain contracts to execute projects, some of which are fictitious, generating millions of dollars annually.

So far, US pressure exercises against Iran’s allies in Iraq is limited to funding aspects.

International network

Foreign experts working in the Iraqi capital for months have been tracking the flow of funds that are moving between the accounts of pro-Iranian Iraqi figures,” the sources said.

The sources added that “foreign experts coordinate their efforts with the office of Iraqi Prime Minister Haider al-Abadi, in addition to an international investigation network linked to the World Bank and the Central Bank of Iraq, to seize any transfers from and to Iraq, suspected of links to the Iranian regime”.

Observers believe that Iraq is a main station for trading Iranian and Iraqi funds aimed at fueling conflicts in Yemen, Lebanon and Syria.

The United States, according to the report, “dealt an important blow to the network of money laundering operated by Iran in Iraq, by enlisting a bank owned by Iraqi politician Aras Karim as banned because of suspicious financial transactions.

The bank, according to the report, is known as “a major terminal for the transfer of funds from Iran and Iraq to the Lebanese Hezbollah Militias, led by Hassan Nasrallah.

The bank plays an important role in the huge financial activities between Iraq and Lebanon. These activities are supervised by the commander of the Quds Force in the Iranian Revolutionary Guards General Qassem Soleimani.

“The US-led financial pressure on Iraqi banks that are helping the Iranian regime is a prelude to US action, perhaps more severe,” the newspaper said, quoting observers.

Iraqi observers living in the United States say Washington may be planning an imminent escalation against Iran.

Article Credit: http://www.thebaghdadpost.com (Special Thanks to Charles Bright)
______________________________________________________________

International team of experts in Baghdad to track the money of figures loyal to Iran

According to a report published on Sunday, July 01, 2018, a team of foreign experts working in Iraq, for months, to track the accounts of the funds of a number of people “loyal to Iran,” noting that the team works in cooperation with the government Iraq.

The newspaper said in its report that “in light of the economic crisis suffocation suffered by the Iranian interior, Iraqi factions loyal to Tehran fear they could not get Khamenei’s help if it came under additional US pressure.”

According to the report, these factions rely on “Iranian influence in various Iraqi institutions to obtain contracts to execute projects, some of which are fictitious, generating millions of dollars annually.”

“So far, US pressure on Iran’s allies in Iraq has been limited to funding aspects,” she said.

“Foreign experts working in the Iraqi capital for months have been tracking the flow of funds that are moving between the accounts of pro-Iranian Iraqi figures,” the sources told the paper, which they described as “high” in Baghdad.

The sources added that “foreign experts coordinate their efforts with the office of Iraqi Prime Minister Haider al-Abadi, in addition to an international investigation network linked to the World Banks and the World Bank and the Central Bank of Iraq, to ​​prosecute any transfers from and to Iraq, suspected of links to the Iranian regime.”

Observers believe that Iraq is a main station for trading Iranian and Iraqi funds aimed at fueling conflicts in Yemen, Lebanon and Syria.

The United States, according to the report, “dealt an important blow to the network of money laundering operated by Iran in Iraq, when the name of the bank (Islamic countries) owned by Iraqi politician Aras Karim, on the list of banks banned, because of financial transactions suspicious.

The bank, according to the report, is known as “a major terminal for the transfer of funds from Iran and Iraq to the Lebanese Hezbollah, led by Hassan Nasrallah.”

The Iraqi newspaper pointed out that “the amount of Iraqi coordination with the efforts of prosecution, was clear, when the Iraqi Central Bank announced its response to the American decision, about 48 hours after its issuance, as he informed all Iraqi banks to stop dealing with the Bank of the country, asking them to freeze its assets “He said.

The newspaper said that “the Bank of the country is the front of the huge financial activities between Iraq and Lebanon, supervised by the commander of the Quds Force in the Iranian Revolutionary Guards General Qassem Soleimani.”

“The US-led financial pressure on Iraqi banks that are helping the Iranian regime is a prelude to US action, perhaps more severe,” the newspaper said, quoting observers.

Iraqi observers living in the United States say Washington may be planning an imminent escalation against Iran.

Article Credit: http://baghdadtoday.news (Special thanks to Charles Bright)

BGG ~ Makes more sense now that Maliki’s kid was arrested in Lebanon with 1.5 Billion USD in his apartment… could he have have been the bag man for Maliki’s hinky Iranian financial dealings??

______________________________________________________________


______________________________________________________________

Kaperoni (Dinar Guru) –   A good article today…sounds like Sadr is calling for currency reform.

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

Iraq officially exits the FATF International Financial Control List

BAGHDAD / Tomorrow ‘s Press: announced the International Financial Action Task Force “FATF”, on Sunday, “officially” out of Iraq from the follow – up area thanks to the achievements of the Iraqi Central Bank and the Office of the fight against money laundering and the financing of terrorism “significant progress”.

The Central Bank of Iraq said in a press statement that “the International Financial Action Task Force officially announced the exit of Iraq from the follow-up area, because of the achievement of the Central Bank of Iraq and the Office of AML / CFT of significant progress in improving and addressing shortcomings.”

He added that “Iraq has fulfilled all its obligations towards the recommendations of the group and address the requirements of the strategy of combating money laundering and financing of terrorism prepared by the Central Bank of Iraq.”

“In addition to the enactment of the Anti-Money Laundering Law No. 39 of 2015, the issuance of instructions and regulations and the establishment of the Anti-Money Laundering and Terrorism Financing Council, as well as the Committee for the freezing of terrorist funds.”

“Thus, Iraq is no longer subject to monitoring and follow-up by FATF,” the bank said.

Article Credit: Alghadpress.com (Special Thanks to Vernell Washington)

BGG ~ It means – ONE STEP CLOSER!!

______________________________________________________________

Iraq: 20 Lawmakers to Be Arrested as Parliament Term Ends

ERBIL — At least 20 Iraqi lawmakers will be arrested after Sunday as their term at the Iraqi parliament has ended, and they are striped of their parliamentary immunity, another lawmaker said.

Following several failed attempts by some factions, the Iraqi parliament failed to extend its own term before it ended on Sunday.

Mohammed Sayhoud, a lawmaker from the State of Law Coalition, told reporters that at least 20 members of parliament had been issued arrest warrants over charges related to terrorism and corruption.

He said the government is now required to arrest the suspects as they are not protected by their parliamentary immunity any longer.

According to Sayhoud, the government is violating the law by acting reluctant in arresting suspects with influence under the pretext of protecting public interests and peace.

Article Credit: Basnews.com (Special Thanks to Charles Bright)

BGG ~ I’m a little curious to see if there is any specific sectarian break-down on this round of prosecutions. Not that it really makes a direct impact on the overall investment – I’m just curious. 

It also looks like, to me, the political climate is getting better and better. Progress.

Anyone telling you the political climate isn’t important simply isn’t paying attention. The things we are seeing unfold right now are pretty good for the overall welfare of this investment and Iraq in general. 

______________________________________________________________

Kaperoni (Dinar Guru) –   Just was reading the latest Regional Economic Outlook from the IMF which came out today…”However, in Iran and Iraq, banking systems continue to face numerous challenges, which will be the focus of reforms expected to be implemented this year.”   Don’t know about Iran’s banking system as it seems to be going backwards at this point due to the sanctions but Iraq is making positive strides especially with the recent articles from the weekend.

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

Abadi Bens: We are working to form a strong government service

URGENT Abadi / Pence: We are working to form a strong government service

(BNA) Prime Minister Haidar al-Abadi received a phone call from US Vice President Mike Pence on Monday, during which they discussed bilateral relations and bilateral relations, as well as the political and security situation.

“The United States is committed to supporting Iraq, which has achieved a great victory over gangs that support terrorism and liberate its territory,” Pence said in a statement.

“Our country will continue to support Iraq in the construction and reconstruction phase,” he said. “We appreciate the efforts of the Iraqi government to return the displaced and preserve the minorities and return them to their areas.”

Abadi said that “the Iraqi government and our heroic forces continue to pursue the cells and terrorist pockets to eliminate them.”

He added that “Iraq’s priorities are to maintain the achievements achieved in the field of security and the promotion and economic reform and services and construction and reconstruction and the provision of employment opportunities and this is what we are working on now with the importance of forming a strong government provides services and aspirations of the citizen.”

Article Credit: Alforatnews.com (Special Thanks to Charles Bright)

______________________________________________________________

Mnt Goat (Dinar Guru) –    Article quote:  “The Governor of the Central Bank of Iraq, Mr. Ali Mohsen Ismail, received the Best Governor of a Central Bank at the level of the Arab countries…”   well, well, well…look at all the wonderful reforms he has helped implement in Iraq.   Quote:  “notably the maintenance of the exchange rate and closing the gap between the official price and the market price”. This is the MCP folks.  They mentioned this one first. We know this was the hold up in getting the currency reinstated and moving fully to Article 8.

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

BGG    Article:  “Iraq: 20 Lawmakers to Be Arrested as Parliament Term Ends”   I’m a little curious to see if there is any specific sectarian break-down on this round of prosecutions. Not that it really makes a direct impact on the overall investment – I’m just curious. It also looks like, to me, the political climate is getting better and better. Progress Anyone telling you the political climate isn’t important simply isn’t paying attention. The things we are seeing unfold right now are pretty good for the overall welfare of this investment and Iraq in general.

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

PM Media Office

The Media the Office AM @ IraqiPMO

Dr. Abadi: The next four years will be to develop the Iraqi economy, create jobs for citizens and raise their standard of living. This requires a tremendous effort and continued maintenance of security and stability.


______________________________________________________________

Some interesting headlines…

Sadr’s understanding with Allawi and Hakim waiting for Abadi

The conclusion of the meeting of the three presidencies and political leaders .. Jabbouri announced the details

End of the meeting of the three presidencies and political leaders .. Jabbouri announced the details

BGG ~ So – let me get this straight… these guys have a meeting, set out a way to verify the results and move on, then someone who was in this meeting, doesn’t like the sound of things – and immediately (the next morning) tries to set fire to the ballot boxes (which would be used to further this effort).

Here’s my take – this is as close as Maliki will ever get to having his way again. Any one thing doesn’t go his way from here on in and he’s done for good.

______________________________________________________________

Iraqi Prime Minister Haider al-Abadi speaks at the United States Institute of Peace on ties with the US and the war with Daesh in Washington, USA on March 20, 2017. ( Samuel Corum/ Anadolu Agency )

Large blocs in Iraq avoid coalition with former prime minister

Iraq’s Prime Minister and Leader of Al-Nasser Coalition (Victory Alliance), Haider Al-Abadi, has been trying to avoid making a coalition with his predecessor, Nouri Al-Maliki, Al-Araby Al-Jadeed reported on Monday. Working with the Sa’eroon Coalition leader Muqtada Al-Sadr, Al-Abadi has been exerting efforts to avoid such a deal. Al-Nasser and Sa’eroon are the largest coalitions in the new Iraqi parliament.

Meanwhile, another Coalition, Al-Fateh, formed mainly by Al-Hashd Al-Shaabi (the Popular Mobilisation Forces), has been trying to bring Al-Maliki closer to the largest groups. “Al-Fateh Coalition, headed by Hadi Al-Ameri, is trying to bring the ex-Prime Minister closer to the coalition of Sa’eroon, Al-Nasser and Al-Fateh,” explained one Sa’eroon official. He noted that such an effort “will bring the Shia home together again.”

The official, who refused to give his name, said that all three groups have the same stance towards Al-Maliki, but they have set conditions for him to join the coalition. One of these, he explained, is that he will not be given any of the sovereign ministries to run. This and other conditions are expected to be unacceptable to him.

Al-Abadi and Al-Sadr announced a non-sectarian coalition on Saturday that includes their own groups in order to guarantee the largest parliamentary bloc. They insisted that they are open to anyone.

Meanwhile, Al-Maliki is working to announce a new political initiative with a meeting of all Shia political blocs. The intention is for those attending to agree on the allocation of the sovereign ministries and the government’s programme.

Al-Maliki was the Iraqi Prime Minister between 2006 and 2014. Many rights violations and the detention of thousands of innocent people on political and sectarian grounds occurred during his time in office. Allegations of vast sums of state money being wasted have also been made.

More than five million people were displaced on his watch after their homes were occupied by Daesh. The Iraqi people blamed him, as the then Commander of the armed forces, for the massacre of 1,700 army cadets by Daesh inside the “Spiker” military college in 2014.

Large blocs in Iraq avoid coalition with former prime minister

______________________________________________________________

!cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA

Click this link to join the DU “private” FaceBook Group…

https://www.facebook.com/groups/571383766355188/

(go here and ask to join… then add some Dinar Friends!!)

______________________________________________________________

Iraq PM and cleric Sadr agree alliance

NAJAF: Iraqi Prime Minister Haider Al-Abadi and nationalist cleric Moqtada Sadr said they had formed an alliance in a bid to create a new government after May polls.

Sadr’s joint list with communists won 54 seats in the legislative elections to become the biggest bloc in Iraq’s 329-seat parliament, while Abadi’s bloc came in third, scooping just 42 seats.

On Saturday Abadi travelled to the Shiite shrine city of Najaf to meet Sadr.

After three hours of talks they issued a joint statement announcing they had set up a coalition.

The statement said their alliance “transcends sectarianism and ethnic” issues “in order to speed up the formation of the new government and agree on the principles which serve the aspirations of our people”.

A source close to Sadr’s Marching Towards Reform alliance said the thorniest issue is who will fill the post of prime minister in the new government.

Abadi would like to keep the job but is meeting resistance from rivals who beat his bloc in the election.

Saturday’s joint statement did not mention an alliance Sadr formed earlier this month with two other lists, ahead of a manual recount ordered by Iraq’s supreme court amid allegations of fraud.

Last week the firebrand Sadr, a former militia leader, reached a coalition agreement with the pro-Iranian former fighters under Hadi Al-Ameri, whose list came second in the election with 47 seats.

Before that, Sadr formed an alliance with Ammar al-Hakim’s Al-Hikma list, which won 19 seats, and the secular outgoing vice-president Iyad Allawi, whose list was comprised largely of Sunnis and secured 21 seats.

Al-Sadr campaigned on a platform to end sectarian politics and replace it with a government that puts Iraqis first.

Instead, he has forged a postelection coalition with a rival Shiite bloc that includes some of the most powerful militias operating in Iraq – groups that get their funding and support from Tehran.

The deal underscores the active role Iran is taking in shaping the next government of Iraq, sending key military and spiritual advisers to revive a grand coalition of Shiite parties as a conduit for its influence in Baghdad. It also illustrates how Iran has gained sway over Al-Sadr, who once called for booting foreign influence from Iraq.

Article Credit: Gulftoday.ae

______________________________________________________________

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

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – July 3rd

Dinar Daily NEWS Blog – July 2nd

Iraq officially exits the FATF International Financial Control List

BAGHDAD / Tomorrow ‘s Press: announced the International Financial Action Task Force “FATF”, on Sunday, “officially” out of Iraq from the follow – up area thanks to the achievements of the Iraqi Central Bank and the Office of the fight against money laundering and the financing of terrorism “significant progress”.

The Central Bank of Iraq said in a press statement that “the International Financial Action Task Force officially announced the exit of Iraq from the follow-up area, because of the achievement of the Central Bank of Iraq and the Office of AML / CFT of significant progress in improving and addressing shortcomings.”

He added that “Iraq has fulfilled all its obligations towards the recommendations of the group and address the requirements of the strategy of combating money laundering and financing of terrorism prepared by the Central Bank of Iraq.”

“In addition to the enactment of the Anti-Money Laundering Law No. 39 of 2015, the issuance of instructions and regulations and the establishment of the Anti-Money Laundering and Terrorism Financing Council, as well as the Committee for the freezing of terrorist funds.”

“Thus, Iraq is no longer subject to monitoring and follow-up by FATF,” the bank said.

Article Credit: Alghadpress.com (Special Thanks to Vernell Washington)

BGG ~ It means – ONE STEP CLOSER!!

______________________________________________________________

Iraq: 20 Lawmakers to Be Arrested as Parliament Term Ends

ERBIL — At least 20 Iraqi lawmakers will be arrested after Sunday as their term at the Iraqi parliament has ended, and they are striped of their parliamentary immunity, another lawmaker said.

Following several failed attempts by some factions, the Iraqi parliament failed to extend its own term before it ended on Sunday.

Mohammed Sayhoud, a lawmaker from the State of Law Coalition, told reporters that at least 20 members of parliament had been issued arrest warrants over charges related to terrorism and corruption.

He said the government is now required to arrest the suspects as they are not protected by their parliamentary immunity any longer.

According to Sayhoud, the government is violating the law by acting reluctant in arresting suspects with influence under the pretext of protecting public interests and peace.

Article Credit: Basnews.com (Special Thanks to Charles Bright)

BGG ~ I’m a little curious to see if there is any specific sectarian break-down on this round of prosecutions. Not that it really makes a direct impact on the overall investment – I’m just curious. 

It also looks like, to me, the political climate is getting better and better. Progress.

Anyone telling you the political climate isn’t important simply isn’t paying attention. The things we are seeing unfold right now are pretty good for the overall welfare of this investment and Iraq in general. 

______________________________________________________________


______________________________________________________________

Mnt Goat  …Some are saying that the Iraqi dinar is 1 to 1 in Iraq already. One of the reasons to reinstate the dinar is to be able to use it in the world market place. World Market Place means ‘outside of Iraq’, thus you are NOT in Iraq. And until the rate changes on FOREX (with a significant increase) and the banks are willing to exchange it for us – it makes no difference to you or I what is going on inside of Iraq. Besides, I have a very good, reliable source in the CBI that tells me absolutely NOTHING has yet occurred and the dinar inside and outside Iraq is still at the rate of 1190 dinars to 1 US dollar.

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

Iraq plans manual election recount only for suspect ballots

BAGHDAD (Reuters) – Iraq will conduct a manual recount of votes from a May election only for ballots mentioned in official reports on fraud or in formal complaints, a move likely to speed up the ratification of final results and the formation of a new government.

The parliamentary election has been marred by historically low turnout and fraud allegations.

The outgoing parliament this month passed a law mandating a nationwide manual recount of votes, but the panel of judges now in charge of the recount said it would only be conducted for problematic ballots.

Interpreting a ruling from the Supreme Federal Court, a panel of judges who are now in charge of the elections commission said on Sunday they would only manually recount problematic ballots “out of respect for the will of voters and their rights … and to preserve their vote which came without any violation.”

The law passed by parliament had also suspended the Independent High Election Commission’s nine-member board of commissioners and replaced them with judges.

Ballot boxes from areas where there were fraud allegations will be moved to the capital Baghdad, where the recount will be held in the presence of United Nations representatives at a time and place to be determined later, the panel said in a statement.

The historically slow and complex process of forming an Iraqi government after an election has been further complicated this time round because of the fraud allegations and subsequent recount. Now that only specific ballots will be recounted, a new government could be formed faster.

The full recount was voted for by an outgoing parliament in which a majority of lawmakers, including the speaker, failed to retain their seats in the May poll. The vote came after a government report said there were serious electoral violations, but the report only recommended a partial recount.

Parliament met on Sunday to discuss another law that would allow it to remain in session until final results are ratified, even though its term constitutionally ends next week on June 30.

Prime Minister Haider al-Abadi, who’s electoral list came third in the poll, and the winner, cleric Moqtada al-Sadr, entered into a political alliance on Saturday night, less than two weeks after Sadr announced a similar alliance with second-placed Iran ally Hadi al-Amiri’s bloc, thus bringing the top three blocs together.

Sadr’s bloc has been boycotting parliament’s sessions. He and Amiri were against a full recount. Both Sadr and Abadi oppose the idea of the current parliament extending its mandate.

Article Credit: Reuters.com

______________________________________________________________

Iraqi parliament demands the removal of 13 officials of the Electoral Commission

The Iraqi parliament demands the judiciary to remove 13 officials of the Electoral Commission

Twilight News – The Iraqi parliament demanded on Monday the judiciary and the executive authority to remove 13 senior officials in the Electoral Commission, before the start of manual counting and counting of polling results.

The judges, entrusted with the functions of the Council of the Electoral Commission in Iraq, decided on Sunday, the process of manual counting and counting of votes in centers that have allegations of “fraud” only; based on the decision of the Federal Supreme Court.

“There are 13 officials at the level of director general and head of department in the commission, accused of falsifying the results of the parliamentary elections, and these must be removed before the process of manual counting and results.”

“The removal of members of the Electoral Commission, an insufficient procedure, because with the presence of judges assigned to manage the process of counting and sorting by hand, the staff of the Commission accused of fraud can manipulate the results.”

He added that “the parliamentary fact-finding committee will meet with the judiciary and the government for the purpose of presenting the facts about the seriousness of the presence of these employees in the Commission.”

He pointed out that “the parliamentary fact-finding committee will remain in a state of permanent meeting until the completion of counting and manual counting.”

According to the announced results of the elections held on 12 May last, dissolved the alliance, “Saroon,” supported by the leader of the Sadrist movement Moqtada al-Sadr, ranked first with 54 seats out of 329, followed by the alliance, “Al-Fath,” consisting of political arms of the factions of ” Popular crowd “led by Hadi al-Ameri, with 47 seats.

Followed by the coalition of “victory”, led by Prime Minister Haider Abadi, with 42 seats, while the coalition of “State of Law” led by former Prime Minister Nuri al-Maliki 26 seats.

Article Credit: Shafaaq.com (Special Thanks to Charles Bright)

______________________________________________________________

Kaperoni (Dinar Guru) –  Great article today talks about how they plan to open the banking system to engage with international banks.   This article just gushes with excitement as they get ready to move to Article VIII.  If you remember that plan was in the IMF directives with the CBI send a positive message about the banking system…it’s coming.  Now that the CBI is in compliance it’s just a waiting game for them to write the letter.

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

Abadi Bens: We are working to form a strong government service

URGENT Abadi / Pence: We are working to form a strong government service

(BNA) Prime Minister Haidar al-Abadi received a phone call from US Vice President Mike Pence on Monday, during which they discussed bilateral relations and bilateral relations, as well as the political and security situation.

“The United States is committed to supporting Iraq, which has achieved a great victory over gangs that support terrorism and liberate its territory,” Pence said in a statement.

“Our country will continue to support Iraq in the construction and reconstruction phase,” he said. “We appreciate the efforts of the Iraqi government to return the displaced and preserve the minorities and return them to their areas.”

Abadi said that “the Iraqi government and our heroic forces continue to pursue the cells and terrorist pockets to eliminate them.”

He added that “Iraq’s priorities are to maintain the achievements achieved in the field of security and the promotion and economic reform and services and construction and reconstruction and the provision of employment opportunities and this is what we are working on now with the importance of forming a strong government provides services and aspirations of the citizen.”

Article Credit: Alforatnews.com (Special Thanks to Charles Bright)

______________________________________________________________

Randy Koonce (Dinar Guru) –   This should have been finished in May. There was an Organization, who shall remain nameless, that thought they knew better about what needed to happen in the election; and therefore did not release it as planned. That being said, our POTUS is VERY tired of waiting for this to go off. He has applied, and is still applying lots of pressure on this, along with several other major countries.  The US has been involved in the background along with the UN to resolve the Election Mess and get this rolled out for the benefit of all of us.  The Election results should be announced officially no later than the end of next week.  Shortly after that announcement, we should/will see the rate change

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

Randy Koonce (Dinar Guru) –    What if the election does not get resolved?  From what I understand, if all goes bad and it looks like it will go forever, then POTUS is wanting this out anyway and will continue to apply pressure to get it finished. This window will remain open until around the 8th of July …In my opinion, the pressure being applied will make this go, and will get it done much sooner.  And, if you see the “Sadr and Abadi Play Nice” speech, with them having the largest block as the Papers are indicating now, it will be much sooner…So, hang in there Everyone.  It’s coming, one way or the other!!  We are close..  Every large bank will exchange..  RELAX the RV is coming… Breathe.

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

PM Media Office

The Media the Office AM @ IraqiPMO

Dr. Abadi: The next four years will be to develop the Iraqi economy, create jobs for citizens and raise their standard of living. This requires a tremendous effort and continued maintenance of security and stability.

______________________________________________________________

Some interesting headlines…

Sadr’s understanding with Allawi and Hakim waiting for Abadi

The conclusion of the meeting of the three presidencies and political leaders .. Jabbouri announced the details

End of the meeting of the three presidencies and political leaders .. Jabbouri announced the details

BGG ~ So – let me get this straight… these guys have a meeting, set out a way to verify the results and move on, then someone who was in this meeting, doesn’t like the sound of things – and immediately (the next morning) tries to set fire to the ballot boxes (which would be used to further this effort).

Here’s my take – this is as close as Maliki will ever get to having his way again. Any one thing doesn’t go his way from here on in and he’s done for good.

______________________________________________________________

Iraqi Prime Minister Haider al-Abadi speaks at the United States Institute of Peace on ties with the US and the war with Daesh in Washington, USA on March 20, 2017. ( Samuel Corum/ Anadolu Agency )

Large blocs in Iraq avoid coalition with former prime minister

Iraq’s Prime Minister and Leader of Al-Nasser Coalition (Victory Alliance), Haider Al-Abadi, has been trying to avoid making a coalition with his predecessor, Nouri Al-Maliki, Al-Araby Al-Jadeed reported on Monday. Working with the Sa’eroon Coalition leader Muqtada Al-Sadr, Al-Abadi has been exerting efforts to avoid such a deal. Al-Nasser and Sa’eroon are the largest coalitions in the new Iraqi parliament.

Meanwhile, another Coalition, Al-Fateh, formed mainly by Al-Hashd Al-Shaabi (the Popular Mobilisation Forces), has been trying to bring Al-Maliki closer to the largest groups. “Al-Fateh Coalition, headed by Hadi Al-Ameri, is trying to bring the ex-Prime Minister closer to the coalition of Sa’eroon, Al-Nasser and Al-Fateh,” explained one Sa’eroon official. He noted that such an effort “will bring the Shia home together again.”

The official, who refused to give his name, said that all three groups have the same stance towards Al-Maliki, but they have set conditions for him to join the coalition. One of these, he explained, is that he will not be given any of the sovereign ministries to run. This and other conditions are expected to be unacceptable to him.

Al-Abadi and Al-Sadr announced a non-sectarian coalition on Saturday that includes their own groups in order to guarantee the largest parliamentary bloc. They insisted that they are open to anyone.

Meanwhile, Al-Maliki is working to announce a new political initiative with a meeting of all Shia political blocs. The intention is for those attending to agree on the allocation of the sovereign ministries and the government’s programme.

Al-Maliki was the Iraqi Prime Minister between 2006 and 2014. Many rights violations and the detention of thousands of innocent people on political and sectarian grounds occurred during his time in office. Allegations of vast sums of state money being wasted have also been made.

More than five million people were displaced on his watch after their homes were occupied by Daesh. The Iraqi people blamed him, as the then Commander of the armed forces, for the massacre of 1,700 army cadets by Daesh inside the “Spiker” military college in 2014.

Large blocs in Iraq avoid coalition with former prime minister

______________________________________________________________

!cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA

Click this link to join the DU “private” FaceBook Group…

https://www.facebook.com/groups/571383766355188/

(go here and ask to join… then add some Dinar Friends!!)

______________________________________________________________

Iraq PM and cleric Sadr agree alliance

NAJAF: Iraqi Prime Minister Haider Al-Abadi and nationalist cleric Moqtada Sadr said they had formed an alliance in a bid to create a new government after May polls.

Sadr’s joint list with communists won 54 seats in the legislative elections to become the biggest bloc in Iraq’s 329-seat parliament, while Abadi’s bloc came in third, scooping just 42 seats.

On Saturday Abadi travelled to the Shiite shrine city of Najaf to meet Sadr.

After three hours of talks they issued a joint statement announcing they had set up a coalition.

The statement said their alliance “transcends sectarianism and ethnic” issues “in order to speed up the formation of the new government and agree on the principles which serve the aspirations of our people”.

A source close to Sadr’s Marching Towards Reform alliance said the thorniest issue is who will fill the post of prime minister in the new government.

Abadi would like to keep the job but is meeting resistance from rivals who beat his bloc in the election.

Saturday’s joint statement did not mention an alliance Sadr formed earlier this month with two other lists, ahead of a manual recount ordered by Iraq’s supreme court amid allegations of fraud.

Last week the firebrand Sadr, a former militia leader, reached a coalition agreement with the pro-Iranian former fighters under Hadi Al-Ameri, whose list came second in the election with 47 seats.

Before that, Sadr formed an alliance with Ammar al-Hakim’s Al-Hikma list, which won 19 seats, and the secular outgoing vice-president Iyad Allawi, whose list was comprised largely of Sunnis and secured 21 seats.

Al-Sadr campaigned on a platform to end sectarian politics and replace it with a government that puts Iraqis first.

Instead, he has forged a postelection coalition with a rival Shiite bloc that includes some of the most powerful militias operating in Iraq – groups that get their funding and support from Tehran.

The deal underscores the active role Iran is taking in shaping the next government of Iraq, sending key military and spiritual advisers to revive a grand coalition of Shiite parties as a conduit for its influence in Baghdad. It also illustrates how Iran has gained sway over Al-Sadr, who once called for booting foreign influence from Iraq.

Article Credit: Gulftoday.ae

______________________________________________________________

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

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – July 2nd

Dinar Daily NEWS Blog – June 25th

The Kurds and Sunnis are comfortable with Sadr’s alliances and want to join him

Baghdad today – The alliance of Sowron, backed by the leader of the Sadrist movement Moqtada al-Sadr, that the latter will form the government with the forces affiliated with him, noting that the parties Kurdish and Sunni reassuring of his alliance and wants to join him.

“The coalition of Sadr with the victory coalition led by Haider al-Abadi, and the stream of national wisdom led by Ammar al-Hakim, is not new, but there were agreements before the elections on the formation of a cross-sectarian alliance includes All components of the Iraqi people after the elections.”

“Al-Shammari said that” the alliance of Sadr and Abadi, Hakim, Amiri and some other forces will take over the task of forming the next government, “pointing out that” Kurdish blocs want to join the alliance. ”

“The Kurds feel more comfortable and reassured when they see a Shiite bloc that includes several parties,” he said, adding that “the coalition is the focus of attraction and interest of Sunni blocs as well.”

And locked the political blocs winning in the legislative elections according to the results of counting and sorting, “e”, negotiations to form the next government.

The leader of the Sadrist movement Moqtada al-Sadr and the Prime Minister of the leader of the coalition of victory Haider Abadi, we announced, Saturday (June 23, 2018), a political alliance between the list of “victory” and “Sarun” according to eight political principles.

A source close to the leader of the Sadrist movement, has revealed, last Saturday, to (Baghdad today), that the pillars of the largest bloc was completed by joining Abadi to the alliance of Sadr and Amiri and Allawi and Hakim, away from the coalition of the rule of law led by al-Maliki.

Article Credit: Baghdadtoday.news
______________________________________________________________

Talabani’s family supports “second term” to Abadi to avoid “scenario” that might ignite the Kurdistan street

Baghdad today – Sulaymaniyah – An informed source revealed Sunday that there is a tendency by the Patriotic Union of Kurdistan (PUK) to support the current prime minister, Haider al-Abadi, for a second term in order to prevent another person from reaching the post, which could create a new crisis in the region.

The source said in an interview with “Baghdad Today” that “there is a trend supported by the Talabani family, to support Abbadi for a second term in the event he approved the group of demands for the National Union, including the return of part of the Peshmerga and Asayish forces to Kirkuk and management issues related to the position of governor.

He added that “the issue of approving the continuation of sending the salaries of employees and support the share of 17% of the budget of the conditions also important, in addition to other conditions agreed by the party with the Democratic Party.”

The source pointed out that “supporting the direction of Abadi came as a result of the uncertainty that the next prime minister will agree to send the amounts allocated to salaries of staff, which may restore the Kurdish street to demonstrate again and create a new crisis ahead of the parliamentary elections in Kurdistan, affect the status of the party in those elections” .

And locked the political blocs winning in the legislative elections according to the results of counting and sorting, “e”, negotiations to form the largest bloc in preparation for the formation of the next government.

The Prime Minister Haider Abadi and the leader of the Sadrist movement, Moqtada al-Sadr, announced last Saturday, an alliance between their coalition (victory and rest), to form the largest bloc within the Iraqi parliament.

The Sadr, has announced in (June 13, 2018), the accession of the Conquest led by Hadi al-Ameri to the alliance to form the “largest bloc” within the Iraqi parliament, pointing out that the new alliance comes with the preservation of the tripartite alliance, which was concluded earlier, between The National Coalition and the Stream of Wisdom.

Article Credit: Baghdadtoday.news
______________________________________________________________


______________________________________________________________

Randy Koonce (Dinar Guru) – Another ‘rumor’ going around is that it is 1 to 1 in Iraq already.  The only reason to RV is to be able to use it in the world market place.  World Market Place means ‘outside of Iraq’.   …You are NOT ‘in Iraq’.  And until the rate changes on cbi.iq – it makes no difference to you or I what is going on inside of Iraq.  About 3 weeks ago, there was a statement added to the CBI website (you know – cbi.iq) that basically explains to the Iraqis what to do and how to bring in old and damaged money. The good news is that this statement basically started the RV process.  Iraqis will only notice after the rate changes that it does not take as much to buy bread as it did before.

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

Iraq plans manual election recount only for suspect ballots

BAGHDAD (Reuters) – Iraq will conduct a manual recount of votes from a May election only for ballots mentioned in official reports on fraud or in formal complaints, a move likely to speed up the ratification of final results and the formation of a new government.

The parliamentary election has been marred by historically low turnout and fraud allegations.

The outgoing parliament this month passed a law mandating a nationwide manual recount of votes, but the panel of judges now in charge of the recount said it would only be conducted for problematic ballots.

Interpreting a ruling from the Supreme Federal Court, a panel of judges who are now in charge of the elections commission said on Sunday they would only manually recount problematic ballots “out of respect for the will of voters and their rights … and to preserve their vote which came without any violation.”

The law passed by parliament had also suspended the Independent High Election Commission’s nine-member board of commissioners and replaced them with judges.

Ballot boxes from areas where there were fraud allegations will be moved to the capital Baghdad, where the recount will be held in the presence of United Nations representatives at a time and place to be determined later, the panel said in a statement.

The historically slow and complex process of forming an Iraqi government after an election has been further complicated this time round because of the fraud allegations and subsequent recount. Now that only specific ballots will be recounted, a new government could be formed faster.

The full recount was voted for by an outgoing parliament in which a majority of lawmakers, including the speaker, failed to retain their seats in the May poll. The vote came after a government report said there were serious electoral violations, but the report only recommended a partial recount.

Parliament met on Sunday to discuss another law that would allow it to remain in session until final results are ratified, even though its term constitutionally ends next week on June 30.

Prime Minister Haider al-Abadi, who’s electoral list came third in the poll, and the winner, cleric Moqtada al-Sadr, entered into a political alliance on Saturday night, less than two weeks after Sadr announced a similar alliance with second-placed Iran ally Hadi al-Amiri’s bloc, thus bringing the top three blocs together.

Sadr’s bloc has been boycotting parliament’s sessions. He and Amiri were against a full recount. Both Sadr and Abadi oppose the idea of the current parliament extending its mandate.

Article Credit: Reuters.com

______________________________________________________________

Iraqi parliament demands the removal of 13 officials of the Electoral Commission

The Iraqi parliament demands the judiciary to remove 13 officials of the Electoral Commission

Twilight News – The Iraqi parliament demanded on Monday the judiciary and the executive authority to remove 13 senior officials in the Electoral Commission, before the start of manual counting and counting of polling results.

The judges, entrusted with the functions of the Council of the Electoral Commission in Iraq, decided on Sunday, the process of manual counting and counting of votes in centers that have allegations of “fraud” only; based on the decision of the Federal Supreme Court.

“There are 13 officials at the level of director general and head of department in the commission, accused of falsifying the results of the parliamentary elections, and these must be removed before the process of manual counting and results.”

“The removal of members of the Electoral Commission, an insufficient procedure, because with the presence of judges assigned to manage the process of counting and sorting by hand, the staff of the Commission accused of fraud can manipulate the results.”

He added that “the parliamentary fact-finding committee will meet with the judiciary and the government for the purpose of presenting the facts about the seriousness of the presence of these employees in the Commission.”

He pointed out that “the parliamentary fact-finding committee will remain in a state of permanent meeting until the completion of counting and manual counting.”

According to the announced results of the elections held on 12 May last, dissolved the alliance, “Saroon,” supported by the leader of the Sadrist movement Moqtada al-Sadr, ranked first with 54 seats out of 329, followed by the alliance, “Al-Fath,” consisting of political arms of the factions of ” Popular crowd “led by Hadi al-Ameri, with 47 seats.

Followed by the coalition of “victory”, led by Prime Minister Haider Abadi, with 42 seats, while the coalition of “State of Law” led by former Prime Minister Nuri al-Maliki 26 seats.

Article Credit: Shafaaq.com (Special Thanks to Charles Bright)

______________________________________________________________

Randy Koonce (Dinar Guru) –   First, are we in a new window of opportunity ‘right now’.   When I say that, it does not mean it will happen without a doubt in this current window; it does mean that there is a very good chance for the rate to finally change…At the bottom of every update I always state:   When it happens, check the cbi.iq to verify!!   That is where I check. And if the Conversion rate is different -then it happened!  On the website today (cbi.iq) it shows:  US Dollar   US   1190…Until it changes on that website, no one will be able to go to any bank and exchange your dinar.  It has to change there FIRST.  …Here is what I do know…

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

Abadi Bens: We are working to form a strong government service

URGENT Abadi / Pence: We are working to form a strong government service

(BNA) Prime Minister Haidar al-Abadi received a phone call from US Vice President Mike Pence on Monday, during which they discussed bilateral relations and bilateral relations, as well as the political and security situation.

“The United States is committed to supporting Iraq, which has achieved a great victory over gangs that support terrorism and liberate its territory,” Pence said in a statement.

“Our country will continue to support Iraq in the construction and reconstruction phase,” he said. “We appreciate the efforts of the Iraqi government to return the displaced and preserve the minorities and return them to their areas.”

Abadi said that “the Iraqi government and our heroic forces continue to pursue the cells and terrorist pockets to eliminate them.”

He added that “Iraq’s priorities are to maintain the achievements achieved in the field of security and the promotion and economic reform and services and construction and reconstruction and the provision of employment opportunities and this is what we are working on now with the importance of forming a strong government provides services and aspirations of the citizen.”

Article Credit: Alforatnews.com (Special Thanks to Charles Bright)

______________________________________________________________

Randy Koonce (Dinar Guru) –   This should have been finished in May. There was an Organization, who shall remain nameless, that thought they knew better about what needed to happen in the election; and therefore did not release it as planned. That being said, our POTUS is VERY tired of waiting for this to go off. He has applied, and is still applying lots of pressure on this, along with several other major countries.  The US has been involved in the background along with the UN to resolve the Election Mess and get this rolled out for the benefit of all of us.  The Election results should be announced officially no later than the end of next week.  Shortly after that announcement, we should/will see the rate change

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

Randy Koonce (Dinar Guru) –    What if the election does not get resolved?  From what I understand, if all goes bad and it looks like it will go forever, then POTUS is wanting this out anyway and will continue to apply pressure to get it finished. This window will remain open until around the 8th of July …In my opinion, the pressure being applied will make this go, and will get it done much sooner.  And, if you see the “Sadr and Abadi Play Nice” speech, with them having the largest block as the Papers are indicating now, it will be much sooner…So, hang in there Everyone.  It’s coming, one way or the other!!  We are close..  Every large bank will exchange..  RELAX the RV is coming… Breathe.

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

PM Media Office

The Media the Office AM @ IraqiPMO

Dr. Abadi: The next four years will be to develop the Iraqi economy, create jobs for citizens and raise their standard of living. This requires a tremendous effort and continued maintenance of security and stability.

______________________________________________________________

Some interesting headlines…

Sadr’s understanding with Allawi and Hakim waiting for Abadi

The conclusion of the meeting of the three presidencies and political leaders .. Jabbouri announced the details

End of the meeting of the three presidencies and political leaders .. Jabbouri announced the details

BGG ~ So – let me get this straight… these guys have a meeting, set out a way to verify the results and move on, then someone who was in this meeting, doesn’t like the sound of things – and immediately (the next morning) tries to set fire to the ballot boxes (which would be used to further this effort).

Here’s my take – this is as close as Maliki will ever get to having his way again. Any one thing doesn’t go his way from here on in and he’s done for good.

______________________________________________________________

Iraqi Prime Minister Haider al-Abadi speaks at the United States Institute of Peace on ties with the US and the war with Daesh in Washington, USA on March 20, 2017. ( Samuel Corum/ Anadolu Agency )

Large blocs in Iraq avoid coalition with former prime minister

Iraq’s Prime Minister and Leader of Al-Nasser Coalition (Victory Alliance), Haider Al-Abadi, has been trying to avoid making a coalition with his predecessor, Nouri Al-Maliki, Al-Araby Al-Jadeed reported on Monday. Working with the Sa’eroon Coalition leader Muqtada Al-Sadr, Al-Abadi has been exerting efforts to avoid such a deal. Al-Nasser and Sa’eroon are the largest coalitions in the new Iraqi parliament.

Meanwhile, another Coalition, Al-Fateh, formed mainly by Al-Hashd Al-Shaabi (the Popular Mobilisation Forces), has been trying to bring Al-Maliki closer to the largest groups. “Al-Fateh Coalition, headed by Hadi Al-Ameri, is trying to bring the ex-Prime Minister closer to the coalition of Sa’eroon, Al-Nasser and Al-Fateh,” explained one Sa’eroon official. He noted that such an effort “will bring the Shia home together again.”

The official, who refused to give his name, said that all three groups have the same stance towards Al-Maliki, but they have set conditions for him to join the coalition. One of these, he explained, is that he will not be given any of the sovereign ministries to run. This and other conditions are expected to be unacceptable to him.

Al-Abadi and Al-Sadr announced a non-sectarian coalition on Saturday that includes their own groups in order to guarantee the largest parliamentary bloc. They insisted that they are open to anyone.

Meanwhile, Al-Maliki is working to announce a new political initiative with a meeting of all Shia political blocs. The intention is for those attending to agree on the allocation of the sovereign ministries and the government’s programme.

Al-Maliki was the Iraqi Prime Minister between 2006 and 2014. Many rights violations and the detention of thousands of innocent people on political and sectarian grounds occurred during his time in office. Allegations of vast sums of state money being wasted have also been made.

More than five million people were displaced on his watch after their homes were occupied by Daesh. The Iraqi people blamed him, as the then Commander of the armed forces, for the massacre of 1,700 army cadets by Daesh inside the “Spiker” military college in 2014.

Large blocs in Iraq avoid coalition with former prime minister

______________________________________________________________

!cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA

Click this link to join the DU “private” FaceBook Group…

https://www.facebook.com/groups/571383766355188/

(go here and ask to join… then add some Dinar Friends!!)

______________________________________________________________

Iraq PM and cleric Sadr agree alliance

NAJAF: Iraqi Prime Minister Haider Al-Abadi and nationalist cleric Moqtada Sadr said they had formed an alliance in a bid to create a new government after May polls.

Sadr’s joint list with communists won 54 seats in the legislative elections to become the biggest bloc in Iraq’s 329-seat parliament, while Abadi’s bloc came in third, scooping just 42 seats.

On Saturday Abadi travelled to the Shiite shrine city of Najaf to meet Sadr.

After three hours of talks they issued a joint statement announcing they had set up a coalition.

The statement said their alliance “transcends sectarianism and ethnic” issues “in order to speed up the formation of the new government and agree on the principles which serve the aspirations of our people”.

A source close to Sadr’s Marching Towards Reform alliance said the thorniest issue is who will fill the post of prime minister in the new government.

Abadi would like to keep the job but is meeting resistance from rivals who beat his bloc in the election.

Saturday’s joint statement did not mention an alliance Sadr formed earlier this month with two other lists, ahead of a manual recount ordered by Iraq’s supreme court amid allegations of fraud.

Last week the firebrand Sadr, a former militia leader, reached a coalition agreement with the pro-Iranian former fighters under Hadi Al-Ameri, whose list came second in the election with 47 seats.

Before that, Sadr formed an alliance with Ammar al-Hakim’s Al-Hikma list, which won 19 seats, and the secular outgoing vice-president Iyad Allawi, whose list was comprised largely of Sunnis and secured 21 seats.

Al-Sadr campaigned on a platform to end sectarian politics and replace it with a government that puts Iraqis first.

Instead, he has forged a postelection coalition with a rival Shiite bloc that includes some of the most powerful militias operating in Iraq – groups that get their funding and support from Tehran.

The deal underscores the active role Iran is taking in shaping the next government of Iraq, sending key military and spiritual advisers to revive a grand coalition of Shiite parties as a conduit for its influence in Baghdad. It also illustrates how Iran has gained sway over Al-Sadr, who once called for booting foreign influence from Iraq.

Article Credit: Gulftoday.ae

______________________________________________________________

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

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – June 25th

Dinar Daily NEWS Blog – June 24th

The Kurds and Sunnis are comfortable with Sadr’s alliances and want to join him

Baghdad today – The alliance of Sowron, backed by the leader of the Sadrist movement Moqtada al-Sadr, that the latter will form the government with the forces affiliated with him, noting that the parties Kurdish and Sunni reassuring of his alliance and wants to join him.

“The coalition of Sadr with the victory coalition led by Haider al-Abadi, and the stream of national wisdom led by Ammar al-Hakim, is not new, but there were agreements before the elections on the formation of a cross-sectarian alliance includes All components of the Iraqi people after the elections.”

“Al-Shammari said that” the alliance of Sadr and Abadi, Hakim, Amiri and some other forces will take over the task of forming the next government, “pointing out that” Kurdish blocs want to join the alliance. ”

“The Kurds feel more comfortable and reassured when they see a Shiite bloc that includes several parties,” he said, adding that “the coalition is the focus of attraction and interest of Sunni blocs as well.”

And locked the political blocs winning in the legislative elections according to the results of counting and sorting, “e”, negotiations to form the next government.

The leader of the Sadrist movement Moqtada al-Sadr and the Prime Minister of the leader of the coalition of victory Haider Abadi, we announced, Saturday (June 23, 2018), a political alliance between the list of “victory” and “Sarun” according to eight political principles.

A source close to the leader of the Sadrist movement, has revealed, last Saturday, to (Baghdad today), that the pillars of the largest bloc was completed by joining Abadi to the alliance of Sadr and Amiri and Allawi and Hakim, away from the coalition of the rule of law led by al-Maliki.

Article Credit: Baghdadtoday.news
______________________________________________________________

Talabani’s family supports “second term” to Abadi to avoid “scenario” that might ignite the Kurdistan street

Baghdad today – Sulaymaniyah – An informed source revealed Sunday that there is a tendency by the Patriotic Union of Kurdistan (PUK) to support the current prime minister, Haider al-Abadi, for a second term in order to prevent another person from reaching the post, which could create a new crisis in the region.

The source said in an interview with “Baghdad Today” that “there is a trend supported by the Talabani family, to support Abbadi for a second term in the event he approved the group of demands for the National Union, including the return of part of the Peshmerga and Asayish forces to Kirkuk and management issues related to the position of governor.

He added that “the issue of approving the continuation of sending the salaries of employees and support the share of 17% of the budget of the conditions also important, in addition to other conditions agreed by the party with the Democratic Party.”

The source pointed out that “supporting the direction of Abadi came as a result of the uncertainty that the next prime minister will agree to send the amounts allocated to salaries of staff, which may restore the Kurdish street to demonstrate again and create a new crisis ahead of the parliamentary elections in Kurdistan, affect the status of the party in those elections” .

And locked the political blocs winning in the legislative elections according to the results of counting and sorting, “e”, negotiations to form the largest bloc in preparation for the formation of the next government.

The Prime Minister Haider Abadi and the leader of the Sadrist movement, Moqtada al-Sadr, announced last Saturday, an alliance between their coalition (victory and rest), to form the largest bloc within the Iraqi parliament.

The Sadr, has announced in (June 13, 2018), the accession of the Conquest led by Hadi al-Ameri to the alliance to form the “largest bloc” within the Iraqi parliament, pointing out that the new alliance comes with the preservation of the tripartite alliance, which was concluded earlier, between The National Coalition and the Stream of Wisdom.

Article Credit: Baghdadtoday.news
______________________________________________________________


______________________________________________________________

Randy Koonce (Dinar Guru) – Another ‘rumor’ going around is that it is 1 to 1 in Iraq already.  The only reason to RV is to be able to use it in the world market place.  World Market Place means ‘outside of Iraq’.   …You are NOT ‘in Iraq’.  And until the rate changes on cbi.iq – it makes no difference to you or I what is going on inside of Iraq.  About 3 weeks ago, there was a statement added to the CBI website (you know – cbi.iq) that basically explains to the Iraqis what to do and how to bring in old and damaged money. The good news is that this statement basically started the RV process.  Iraqis will only notice after the rate changes that it does not take as much to buy bread as it did before.

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

Iraq plans manual election recount only for suspect ballots

BAGHDAD (Reuters) – Iraq will conduct a manual recount of votes from a May election only for ballots mentioned in official reports on fraud or in formal complaints, a move likely to speed up the ratification of final results and the formation of a new government.

The parliamentary election has been marred by historically low turnout and fraud allegations.

The outgoing parliament this month passed a law mandating a nationwide manual recount of votes, but the panel of judges now in charge of the recount said it would only be conducted for problematic ballots.

Interpreting a ruling from the Supreme Federal Court, a panel of judges who are now in charge of the elections commission said on Sunday they would only manually recount problematic ballots “out of respect for the will of voters and their rights … and to preserve their vote which came without any violation.”

The law passed by parliament had also suspended the Independent High Election Commission’s nine-member board of commissioners and replaced them with judges.

Ballot boxes from areas where there were fraud allegations will be moved to the capital Baghdad, where the recount will be held in the presence of United Nations representatives at a time and place to be determined later, the panel said in a statement.

The historically slow and complex process of forming an Iraqi government after an election has been further complicated this time round because of the fraud allegations and subsequent recount. Now that only specific ballots will be recounted, a new government could be formed faster.

The full recount was voted for by an outgoing parliament in which a majority of lawmakers, including the speaker, failed to retain their seats in the May poll. The vote came after a government report said there were serious electoral violations, but the report only recommended a partial recount.

Parliament met on Sunday to discuss another law that would allow it to remain in session until final results are ratified, even though its term constitutionally ends next week on June 30.

Prime Minister Haider al-Abadi, who’s electoral list came third in the poll, and the winner, cleric Moqtada al-Sadr, entered into a political alliance on Saturday night, less than two weeks after Sadr announced a similar alliance with second-placed Iran ally Hadi al-Amiri’s bloc, thus bringing the top three blocs together.

Sadr’s bloc has been boycotting parliament’s sessions. He and Amiri were against a full recount. Both Sadr and Abadi oppose the idea of the current parliament extending its mandate.

Article Credit: Reuters.com

______________________________________________________________

Iraqi parliament demands the removal of 13 officials of the Electoral Commission

The Iraqi parliament demands the judiciary to remove 13 officials of the Electoral Commission

Twilight News – The Iraqi parliament demanded on Monday the judiciary and the executive authority to remove 13 senior officials in the Electoral Commission, before the start of manual counting and counting of polling results.

The judges, entrusted with the functions of the Council of the Electoral Commission in Iraq, decided on Sunday, the process of manual counting and counting of votes in centers that have allegations of “fraud” only; based on the decision of the Federal Supreme Court.

“There are 13 officials at the level of director general and head of department in the commission, accused of falsifying the results of the parliamentary elections, and these must be removed before the process of manual counting and results.”

“The removal of members of the Electoral Commission, an insufficient procedure, because with the presence of judges assigned to manage the process of counting and sorting by hand, the staff of the Commission accused of fraud can manipulate the results.”

He added that “the parliamentary fact-finding committee will meet with the judiciary and the government for the purpose of presenting the facts about the seriousness of the presence of these employees in the Commission.”

He pointed out that “the parliamentary fact-finding committee will remain in a state of permanent meeting until the completion of counting and manual counting.”

According to the announced results of the elections held on 12 May last, dissolved the alliance, “Saroon,” supported by the leader of the Sadrist movement Moqtada al-Sadr, ranked first with 54 seats out of 329, followed by the alliance, “Al-Fath,” consisting of political arms of the factions of ” Popular crowd “led by Hadi al-Ameri, with 47 seats.

Followed by the coalition of “victory”, led by Prime Minister Haider Abadi, with 42 seats, while the coalition of “State of Law” led by former Prime Minister Nuri al-Maliki 26 seats.

Article Credit: Shafaaq.com (Special Thanks to Charles Bright)

______________________________________________________________

Randy Koonce (Dinar Guru) –   First, are we in a new window of opportunity ‘right now’.   When I say that, it does not mean it will happen without a doubt in this current window; it does mean that there is a very good chance for the rate to finally change…At the bottom of every update I always state:   When it happens, check the cbi.iq to verify!!   That is where I check. And if the Conversion rate is different -then it happened!  On the website today (cbi.iq) it shows:  US Dollar   US   1190…Until it changes on that website, no one will be able to go to any bank and exchange your dinar.  It has to change there FIRST.  …Here is what I do know…

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

Abadi Bens: We are working to form a strong government service

URGENT Abadi / Pence: We are working to form a strong government service

(BNA) Prime Minister Haidar al-Abadi received a phone call from US Vice President Mike Pence on Monday, during which they discussed bilateral relations and bilateral relations, as well as the political and security situation.

“The United States is committed to supporting Iraq, which has achieved a great victory over gangs that support terrorism and liberate its territory,” Pence said in a statement.

“Our country will continue to support Iraq in the construction and reconstruction phase,” he said. “We appreciate the efforts of the Iraqi government to return the displaced and preserve the minorities and return them to their areas.”

Abadi said that “the Iraqi government and our heroic forces continue to pursue the cells and terrorist pockets to eliminate them.”

He added that “Iraq’s priorities are to maintain the achievements achieved in the field of security and the promotion and economic reform and services and construction and reconstruction and the provision of employment opportunities and this is what we are working on now with the importance of forming a strong government provides services and aspirations of the citizen.”

Article Credit: Alforatnews.com (Special Thanks to Charles Bright)

______________________________________________________________

Randy Koonce (Dinar Guru) –   This should have been finished in May. There was an Organization, who shall remain nameless, that thought they knew better about what needed to happen in the election; and therefore did not release it as planned. That being said, our POTUS is VERY tired of waiting for this to go off. He has applied, and is still applying lots of pressure on this, along with several other major countries.  The US has been involved in the background along with the UN to resolve the Election Mess and get this rolled out for the benefit of all of us.  The Election results should be announced officially no later than the end of next week.  Shortly after that announcement, we should/will see the rate change

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

Randy Koonce (Dinar Guru) –    What if the election does not get resolved?  From what I understand, if all goes bad and it looks like it will go forever, then POTUS is wanting this out anyway and will continue to apply pressure to get it finished. This window will remain open until around the 8th of July …In my opinion, the pressure being applied will make this go, and will get it done much sooner.  And, if you see the “Sadr and Abadi Play Nice” speech, with them having the largest block as the Papers are indicating now, it will be much sooner…So, hang in there Everyone.  It’s coming, one way or the other!!  We are close..  Every large bank will exchange..  RELAX the RV is coming… Breathe.

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

PM Media Office

The Media the Office AM @ IraqiPMO

Dr. Abadi: The next four years will be to develop the Iraqi economy, create jobs for citizens and raise their standard of living. This requires a tremendous effort and continued maintenance of security and stability.

______________________________________________________________

Some interesting headlines…

Sadr’s understanding with Allawi and Hakim waiting for Abadi

The conclusion of the meeting of the three presidencies and political leaders .. Jabbouri announced the details

End of the meeting of the three presidencies and political leaders .. Jabbouri announced the details

BGG ~ So – let me get this straight… these guys have a meeting, set out a way to verify the results and move on, then someone who was in this meeting, doesn’t like the sound of things – and immediately (the next morning) tries to set fire to the ballot boxes (which would be used to further this effort).

Here’s my take – this is as close as Maliki will ever get to having his way again. Any one thing doesn’t go his way from here on in and he’s done for good.

______________________________________________________________

Iraqi Prime Minister Haider al-Abadi speaks at the United States Institute of Peace on ties with the US and the war with Daesh in Washington, USA on March 20, 2017. ( Samuel Corum/ Anadolu Agency )

Large blocs in Iraq avoid coalition with former prime minister

Iraq’s Prime Minister and Leader of Al-Nasser Coalition (Victory Alliance), Haider Al-Abadi, has been trying to avoid making a coalition with his predecessor, Nouri Al-Maliki, Al-Araby Al-Jadeed reported on Monday. Working with the Sa’eroon Coalition leader Muqtada Al-Sadr, Al-Abadi has been exerting efforts to avoid such a deal. Al-Nasser and Sa’eroon are the largest coalitions in the new Iraqi parliament.

Meanwhile, another Coalition, Al-Fateh, formed mainly by Al-Hashd Al-Shaabi (the Popular Mobilisation Forces), has been trying to bring Al-Maliki closer to the largest groups. “Al-Fateh Coalition, headed by Hadi Al-Ameri, is trying to bring the ex-Prime Minister closer to the coalition of Sa’eroon, Al-Nasser and Al-Fateh,” explained one Sa’eroon official. He noted that such an effort “will bring the Shia home together again.”

The official, who refused to give his name, said that all three groups have the same stance towards Al-Maliki, but they have set conditions for him to join the coalition. One of these, he explained, is that he will not be given any of the sovereign ministries to run. This and other conditions are expected to be unacceptable to him.

Al-Abadi and Al-Sadr announced a non-sectarian coalition on Saturday that includes their own groups in order to guarantee the largest parliamentary bloc. They insisted that they are open to anyone.

Meanwhile, Al-Maliki is working to announce a new political initiative with a meeting of all Shia political blocs. The intention is for those attending to agree on the allocation of the sovereign ministries and the government’s programme.

Al-Maliki was the Iraqi Prime Minister between 2006 and 2014. Many rights violations and the detention of thousands of innocent people on political and sectarian grounds occurred during his time in office. Allegations of vast sums of state money being wasted have also been made.

More than five million people were displaced on his watch after their homes were occupied by Daesh. The Iraqi people blamed him, as the then Commander of the armed forces, for the massacre of 1,700 army cadets by Daesh inside the “Spiker” military college in 2014.

Large blocs in Iraq avoid coalition with former prime minister

______________________________________________________________

!cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA

Click this link to join the DU “private” FaceBook Group…

https://www.facebook.com/groups/571383766355188/

(go here and ask to join… then add some Dinar Friends!!)

______________________________________________________________

Iraq PM and cleric Sadr agree alliance

NAJAF: Iraqi Prime Minister Haider Al-Abadi and nationalist cleric Moqtada Sadr said they had formed an alliance in a bid to create a new government after May polls.

Sadr’s joint list with communists won 54 seats in the legislative elections to become the biggest bloc in Iraq’s 329-seat parliament, while Abadi’s bloc came in third, scooping just 42 seats.

On Saturday Abadi travelled to the Shiite shrine city of Najaf to meet Sadr.

After three hours of talks they issued a joint statement announcing they had set up a coalition.

The statement said their alliance “transcends sectarianism and ethnic” issues “in order to speed up the formation of the new government and agree on the principles which serve the aspirations of our people”.

A source close to Sadr’s Marching Towards Reform alliance said the thorniest issue is who will fill the post of prime minister in the new government.

Abadi would like to keep the job but is meeting resistance from rivals who beat his bloc in the election.

Saturday’s joint statement did not mention an alliance Sadr formed earlier this month with two other lists, ahead of a manual recount ordered by Iraq’s supreme court amid allegations of fraud.

Last week the firebrand Sadr, a former militia leader, reached a coalition agreement with the pro-Iranian former fighters under Hadi Al-Ameri, whose list came second in the election with 47 seats.

Before that, Sadr formed an alliance with Ammar al-Hakim’s Al-Hikma list, which won 19 seats, and the secular outgoing vice-president Iyad Allawi, whose list was comprised largely of Sunnis and secured 21 seats.

Al-Sadr campaigned on a platform to end sectarian politics and replace it with a government that puts Iraqis first.

Instead, he has forged a postelection coalition with a rival Shiite bloc that includes some of the most powerful militias operating in Iraq – groups that get their funding and support from Tehran.

The deal underscores the active role Iran is taking in shaping the next government of Iraq, sending key military and spiritual advisers to revive a grand coalition of Shiite parties as a conduit for its influence in Baghdad. It also illustrates how Iran has gained sway over Al-Sadr, who once called for booting foreign influence from Iraq.

Article Credit: Gulftoday.ae

______________________________________________________________

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

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – June 24th

Dinar Daily NEWS Blog – June 23rd

The largest bloc was settled away from Maliki’s coalition .. Sadr will officially announce from Baghdad

Baghdad today – A source close to the leader of the Sadrist movement, Moqtada al-Sadr, on Saturday, the healing of “the largest bloc” in parliament, which will take over the task of forming the next government, away from the coalition of state law, pointing out that Sadr will officially announce this bloc from the capital Baghdad.

The source said in an exclusive interview (Baghdad today), “The largest bloc, will include others and victory and Fatah and competencies for change and the movement of will and wisdom and patriotism apart from the rule of law,” noting that “what happened today is a prelude to announce the largest bloc to be announced Sadr in Baghdad , And in the presence of the heads of these blocks, during the current week or next.

“The two sides agreed that the steps to form a government after the ratification of the election results by the Federal Court.”

The Prime Minister Haider al-Abbadi and the leader of the Sadrist movement Moqtada al-Sadr, earlier on Saturday, an alliance between the coalition victory and others, to form the largest bloc within the Iraqi parliament.

“An agreement was reached on the formation of a cross-sectarian alliance between coalition and victory and victory,” Abadi said during a joint news conference with al-Sadr.

For his part, al-Sadr said during the conference that “the alliance with Abadi trans-sectarian through the agreement on a new program determines the most important work will be in the new government,” calling for “reform of the judiciary and activate the role of the prosecution.”

“The government should continue to fight administrative corruption and bring anyone found guilty of corruption to justice.”

The Information Office of the Prime Minister, announced on Saturday (June 23, 2018), the arrival of Abbadi to Najaf, without giving further details.

And locked the political blocs winning in the legislative elections according to the results of counting and sorting “electronic”, and waiting (re-counting and sorting manually) negotiations to form the next government.

The leader of the Sadrist movement, Moqtada al-Sadr, had announced in (June 13, 2018), the accession of the alliance led by Hadi al-Amiri alliance to form the “largest bloc” within the Iraqi parliament, pointing out that the new alliance comes with the preservation of the tripartite alliance, Earlier, between Seeron and the National Coalition and the Stream of Wisdom.

Artricle Credit: Baghdadtoday.news (Special Thanks to Charles Bright)

BGG ~ This makes it… pretty much a SLAM DUNK. Sadr, Abadi (which I thought would happen all along), Ameri (slight surprise) and Hakim = PLENTY. I predict they will also include all the Sunnis and Kurds who wish to be included. This may well be the most inclusive Iraqi GOI yet.

Like I said in the beginning… relax. Let this happen.

______________________________________________________________

How long will it take to form the next Iraqi government?

HOW LONG WILL IT TAKE TO FORM THE NEXT IRAQI GOVERNMENT?

Thursday’s ruling by the Federal Supreme Court to partially uphold parliament’s move to amend the electoral law has raised the specter of extended delays to the government formation process. Just how long it will take before a new government is approved by parliament depends on several factors that will determine the ability of Iraq’s competing coalitions to achieve a series of crucial milestones in a timely manner.

While some are predicting that negotiations could drag on into the new year, a realistic timeline should outline the key milestones that need to be achieved – as stipulated by the constitution – and the potential impediments along the way.

First: The Federal Supreme Court must ratify the final election results after taking into consideration all the appeals. This process is particularly complicated this year because of widespread allegations of voter fraud and irregularities. Parliament’s decision to dismiss the electoral commissioners and replace them with judges, in addition to amending the electoral law to force a full manual recount, means that five weeks after the elections, we are effectively back to square one.

Second: Once the results are ratified, the new parliament has 15 days to convene its first session, where it must elect the new Speaker and his/her two deputies. The next milestone involves electing the new President, who will then be tasked with calling on the largest bloc in parliament to designate its nominee for the premiership before submitting his/her cabinet for parliamentary approval. This entire process must take no longer than 90 days, as per the constitutional deadlines.

Third: Among the most critical aspects of the negotiations is determining the largest bloc in parliament. In terms of sequencing, it is theoretically possible for this to happen after the election of the new President, but in practical terms, it needs to be resolved before parliament convenes its first session so that the positions of Speaker and President can be agreed on as part of a broader deal among the competing coalitions.

Fourth: The final piece to the puzzle requires the largest parliamentary bloc to agree on its nominee for prime minister, who will have 30 days to submit his/her cabinet to parliament for approval.

Having outlined the core components of the government formation process, it is necessary to look at which potential obstacles could cause extended delays to the process.

The first and most unpredictable aspect is how long it will take for the newly-appointed judges in the electoral commission to complete the manual recount and resolve all allegations of fraud and irregularities. Based on previous elections, it typically takes about four weeks to complete the manual count, but this year’s elections have been complicated by widespread allegations of fraud in the Sunni and Kurdish provinces, as well as in out-of-country voting. Additionally, the commission will need to account for an unknown number of ballot boxes that were destroyed in the warehouse fire in Baghdad earlier this month. Furthermore, if the recount yields a significantly different outcome to the electronic count, we could see further delays in the Supreme Court’s final verdict. Just how long it will take for the electoral commission to complete its work is anyone’s guess at the moment, but even an optimistic outlook would suggest that final results will not be declared before the end of July.

The second major challenge is for the rival political coalitions to agree on an alliance that will be designated as the biggest parliamentary bloc. Initial efforts by Moqtada Al-Sadr’s Sa’iroon coalition to form a majoritarian government with Hikma, Nasr and Wataniya eventually ran out of steam, leading Sadr to announce a de facto alliance with his arch-rival Hadi Al-Ameri and the Fateh coalition. Given the current trajectory, the most likely outcome appears to be an alliance between the five largest election coalitions, namely Sa’iroon, Fateh, Nasr, State of Law and Hikma. Although both Sa’iroon and Nasr are reticent about allying with State of Law, it is unlikely that Nouri Al-Maliki will be left out of a grand coalition.

Integral to the formation of this potential alliance will be the negotiations over who will be nominated to lead the next government. While Prime Minister Haider Al-Abadi continues to be the frontrunner, it is still possible for an alternative candidate to emerge, particularly given the fact that State of Law, and to lesser degrees Fateh and Hikma, will be keen to prevent Al-Abadi from securing a second term. Nevertheless, of the five competing coalitions, Nasr’s chances of securing the premiership appear to be strongest by virtue of its acceptability both domestically and internationally.

Given the dynamics outlined above, is it possible to predict how long it will take to form the next government? A new government could be voted into office by November, assuming that the Supreme Court ratifies the results around the beginning of August. There would also be added pressure for Iraq’s political elite to arrive at a grand bargain before the end of the year, given the country’s commitments to international financiers and donors, namely the imperative to pass a 2019 federal budget in a timely manner. While the current government can continue to function relatively uninhibited over the summer, the monumental task of rebuilding and reforming the country requires political stability that can only be attained through a comprehensive agenda that enjoys the backing of a newly elected parliament.

Read More: Dinarupdates.com (Special Thanks to Vernon Pate)

BGG ~ All of this is OP ED on a blog – not official. However, it’s nice to get some perspective though – good – bad or otherwise.

I see a couple of different twists in here which may differ from the writer.

For instance, I could easily see Maliki getting left out.

______________________________________________________________


______________________________________________________________

Kaperoni (Dinar Guru) – Some people have said the CBI has been closed since last weekend due to Eid al-Fitr.   Now that Ramadan is over it will be interesting.

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

Moqtada Al Sadr

Sadrist movement denies alliance with State of Law

Iraq news – The political bureau of the Sadrist movement denied on Saturday news reports that the State of Law coalition would join an alliance between Sairun and Al Fatah.

Diaa al-Asadi said in a statement the reports were baseless.

The Sairun alliance which is backed by prominent Shia cleric Moqtada Al Sadr won the majority in the May 12 elections.

Article Credit: Thebaghdadpost.com (Charles Bright)

______________________________________________________________

The Sadrist movement establishes a condition for the abdication of the second term

The Sadrist movement establishes a condition for Abadi to take over a second term

“The map of the new Iraqi government will be clear features after the Eid,” pointing out that the Iraqi Prime Minister Haider Abadi will be among the proposed names of the next prime minister.

Al-Obaidi said in a statement to Al-Hayat that “re-counting and manual counting of a certain percentage of the ballot boxes, in my opinion, will not affect the share of the ballot boxes. (S) of the seats that won in the elections that took place recently, but may change some of the winners in the individual lists, especially if the results of the elections were canceled abroad. ”

The leader of the Sadrist movement and the alliance of other Moqtada al-Sadr has announced on Tuesday an agreement with the leader of the Fatah bloc Hadi al-Amri to shape ”

The announcement of the alliance of the leader of the Sadrist movement in Iraq, Moqtada al-Sadr, with the factions of the popular crowd led by Hadi al-Amiri surprise to the political and popular, amid the prospects of the decline of the chances of Haiderabadi to become prime minister.

The alliance of Sadr and Fatah away from the alliance, “victory” led by Prime Minister Haider Abadi, who came close to the alliance, “Saron” during the past days, where Sadr on the most appropriate support for Abadi terms, amid leaks on Abadi’s rejection of those conditions.

The alliance has 54 seats in the parliament, the Fath Alliance 47, and the stream of wisdom 20, and the National Coalition 20 seats, and a total of 140 seats, may constitute a difficult figure in the Iraqi political equation.

The Kurdistan Democratic Party has 25 seats, while the National Union has 19 seats.

Article Credit: Shafaaq.com (Special Thanks to Tim Tarkington)

______________________________________________________________

Kaperoni (Dinar Guru) –The CBI never talked about people around the world bringing in their currency to Banks… The 10 years is the fact that the CBI will honor their currency nothing more …all currencies go up and down… Why do you think they go up and down?  Because they float.   It’s funny how many want to jump on the IMF bandwagon when I proved that the CBI must meet compliance before they could move to Article VIII.  Yet those same people won’t give any consideration to actual IMF statements about moving to a more liberal exchange rate regime…  because it doesn’t fit their RV, RI agenda!…  Whether you agree with me or not...the fact is there will never be an overnight RV, RI event. The very thought of such a thing is contradictory to the purpose of monetary policy to begin with.  There is a process…it is the same for any emerging-market country.

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

Source: Abadi will reveal documents and confessions of a photographer to prove the occurrence of “big fraud” in the elections within two days

Baghdad today – The newspaper “Gulf News” in a report published on Tuesday, that the Prime Minister Haider Abadi, will inform the political blocs during the next two days, evidence of the rigorously large parliamentary elections that took place on 12 May.

The newspaper said in its report that “the frauds that marred the Iraqi elections and Iranian interventions to cover them, split the Iraqi political forces into two teams .. Support team to investigate all suspicions of fraud, and a team impelled to pass the elections and the threat of a security collapse in case not passed.

She added that “while the legal committee in the Iraqi parliament revealed the real reason for the delay of the judicial committees to start the counting and manual counting, described close to Vice President Nuri al-Maliki, the call of Ammar al-Hakim to pass the elections as an attempt to cover the fraud and pressure on the judiciary to challenge In any procedure to detect counterfeiters. ”

The newspaper quoted a member of the legal committee in the Iraqi parliament, Sadik al-Laban, that “the judicial committees that were formed to re-counting and sorting manually did not start work yet because the Federal Court did not resolve its position on the appeals made by political blocs against the amendment of the election law approved by the House of Representatives, “If the court challenges the law, the elections will recognize the violations and serious violations.”

“The Iraqi prime minister will present to the leaders of the political blocs during the next two days photographic documents, certificates and confessions of the staff of the Commission, all of which prove the extent of violations and fraud and violations that affected the voting process.”

The source of the newspaper, that “the fact-finding committee on the fire that lasted the ballot boxes in the Rusafa area has reached important results and that it has documents proving the evidence of those involved in the fire.”

The newspaper quoted the head of the committee, Adel Nuri, that “his committee will not disclose the names of those involved for reasons related to the conduct of the investigation, but the source close to Abadi confirmed that the latter will surprise the leaders of the blocks with shocking facts about the fraud and fire that followed, and what will reveal Abadi will change the map of alliances because “Katala will lose a lot of its seats and the winners will be referred to the courts.”

And formed blocks calling for the passage of elections and not to take the counting and sorting, according to the newspaper, “the broad coalition included both a coalition under the auspices of Sadr and the opening led by Hadi al-Amiri and the Patriotic Union of Kurdistan, and the stream of wisdom led by Ammar al-Hakim.”

Article Credit: Baghdadtoday.news

______________________________________________________________

Kaperoni (Dinar Guru) – When you reintegrate with the world’s Financial system you must exit the peg and move to a float particularly in Iraq’s instance this is important.  The reason being as capital flows through the central banks Capital Account it will create inflation in the country. To counter such inflation being on a float allows the CBI to compensate by allowing the currency to appreciate. This is well-documented.  The hope is that the currency will rise fast as a result of significant investment in the country and has been stated as the Balassa-Samuelson effect.  If one is to believe the statement from the overview of Iraqi Finance 2018 they have significant investment lined up to come into the country.  Many people have challenged me over the years to provide credentials. My response was I’m not asking anyone to put trust in what I say but to validate what I say in the very documents that I reference.

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

Kaperoni (Dinar Guru) – How are you going to control inflation when large sums of money come into a country if you’re not going to float your currency?  All anyone needs to do is…read two or three of the documents from the IMF on the transition from fixed to float to understand how currency reform works.  You cannot be pegged when large influxes of capital flow through the CBI, the only alternative to being pegged is a float.  This is not guesswork, the IMF themselves told the CBI back in 2012 when they were about to transition the move to a more liberal exchange rate regime. The very definition of that is a float…we see the CBI follow the IMF time after time.  Considering the IMF has an agreement with the CBI for monetary reform as well as trusteeship over the CBI the chances are very good that they’ll follow what they recommend.

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

Head of Iraqi Parliamentary Fact-Finding Committee Adel Nouri

Fact-Finding committee: Influential people plotted burning of ballot boxes

Head of Iraqi Parliamentary Fact-Finding Committee Adel Nouri:

The cause of fire that broke out at a warehouse belonging to High Electoral Committee (HEC) at Al Rusafa district in Baghdad, which contained ballot boxes has been revealed according to Iraqi Parliament’s fact-finding committee.

Head of Iraqi Parliamentary Fact-Finding Committee Adel Nouri stressed his committee submitted information, which he described as important to the committee tasked with investigating the fire that broke out at HEC’s warehouses in Al Rusafa.

Nouri pointed out that his committee gathered vital information about the cause of the fire and the parties involved in it.

He explained that his committee is working with great efforts in coordination with the government committee formed to investigate the causes of the fire, underlining that his committee has direct contact with Iraqi Prime Minister Haider al Abadi in this regard, noting that his committee provided important information about the incident to the government committee.

He underscored that the joint investigative committee has reached important and advanced results in the causes of the fire and the parties involved in it, adding that the investigations led to the arrest of a group of perpetrators and suspects of the fire who are among the influential people in Iraq.

Nouri stressed the sensitivity of the subject and its direct impact on the political process prevented the committee from disclosing the details, including names or entities involved in the incident, until the completion of the investigation.

He indicated that some parties who were involved in the Parliamentary elections had committed fraud in some provinces and to cover-up their crime they attempted to burn ballot boxes, especially after failing to win seats in the parliament.

Fraud have occurred in the elections with the aim of supporting militias to gain parliamentary seats and manipulate the will of the Iraqis, adding that the attempt to burn ballot boxes is a cover-up of the fraud that have been committed, according to observers.

Observers told The Baghdad Post that once the parliamentary fact-finding committee has completed its work, the details of its findings and shocking facts about those who rigged the elections and planned the burning of ballot boxes will be revealed, adding that all evidence lead to Iran and its agents in Iraq.

The Parliamentary elections was marked by record low turnout. It was the first since Iraq declared victory over the ISIS group and the fourth since the 2003 US-led invasion that toppled Saddam Hussein.

Article Credit: Thebaghdadpost.com (Charles Bright)
______________________________________________________________

Some interesting headlines…

Sadr’s understanding with Allawi and Hakim waiting for Abadi

The conclusion of the meeting of the three presidencies and political leaders .. Jabbouri announced the details

End of the meeting of the three presidencies and political leaders .. Jabbouri announced the details

BGG ~ So – let me get this straight… these guys have a meeting, set out a way to verify the results and move on, then someone who was in this meeting, doesn’t like the sound of things – and immediately (the next morning) tries to set fire to the ballot boxes (which would be used to further this effort).

Here’s my take – this is as close as Maliki will ever get to having his way again. Any one thing doesn’t go his way from here on in and he’s done for good.

Iraq calls for the formation of a caretaker government ...

Allawi .. Calls for the formation of a caretaker government and the re-election

BGG ~ Of course Allawi would say that – what does he have to lose? Did anyone notice he was the largest Sunni list with around 20 seats?? …out of 365 seats.

There are way more Sunnis than that in Iraq. Why is there such low representation? Pretty easy equation.

If I had to guess – there were a bunch of people in this meeting, Maliki included, who would like a different end result than they have right now. In fact, almost every

______________________________________________________________

Allawi’s list not comfortable with Sayirun allying with Fatih’s ‘armed wings’

Ayad Allawi waves to the cameras after voting in Iraq's parliamentary election on May 12. Photo: Allawi FB

ERBIL, Kurdistan Region — An official from the Wataniya list led by Ayad Allawi, says that Sayirun allying with Fatih violates an earlier coalition which was forged between them and Muqtada al-Sadr’s list.

Haider Mulla of Wataniya said on Saturday that Sayirun’s alliance with Fatih will affect their current agreement with Sayirun because they reject “armed wings” — a reference to Fatih which includes Shiite Hashd al-Shaabi leaders close to Iran.

Sayirun, which ran with the Communist Party of Iraq, won the most seats in Iraq’s parliamentary election on May 12.

Last week Sayirun announced it was allying with second-place finisher Hadi al-Amiri’s Fatih, the head of Badr Organization. Sayirun was already in an alliance with Wataniya and Hikma.
Outspoken Shiite cleric Muqtada al-Sadr’s Sayirun alliance, the National Hikma or Wisdom Movement led by Ammar al-Hakim, and the al-Wataniya list led by Shiite secularist Ayad Allawi and influential Sunni politician Salim al-Jabouri collectively secured 94 seats in the parliamentary election on May 12.

The results of the election remain contested.

Sadr said afterward that his alliance with Hikma and Wataniya remains.

“Al-Wataniya did not ratify any alliance with Sayirun or Hikma, but that there are dialogues in the general framework, and we had agreed to… rule out militias,” said Mulla.

At the time of their negotiations the Sayirun said they would forge an alliance only with Badr Organization within Fatih, not the whole list.

“Thus Sayirun’s alliance with the Fatih Alliance as a whole, affects our alliance with them,” said Mulla.

Official Fatih Alliance spokesman, Ahmad al-Asadi said that their alliance with Sadr, “does not rule out anyone, and will be the basis for the formation of a national service government.”

“But whoever does not fit with our program and see it as contrary to their programs has the right to take the opposition’s side,” added Asadi.
At the time of making the alliance with Fatih on June 12, Sadr said: “Our new alliance is a national alliance within the framework of patriotism.”

Allawi is a former prime minister in Iraq and currently one of three vice presidents.

To form a new government, a coalition of 165 seats is needed out of the 329 in parliament.

Article Credit: Rudaw.net

BGG ~ Sadr may be about ready to get a lesson in Iraqi politics…

This is the very misstep Abadi made early on. An alliance with the Shia PMU’s (Ameri) nearly cost him everything.

It took about 2.3 seconds to BLOW UP IN HIS FACE.

I’m not sure Abadi isn’t sitting off to the side with a little grin – saying something like… “I wouldn’t do that if I were you…”

______________________________________________________________

!cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA

Click this link to join the DU “private” FaceBook Group…

https://www.facebook.com/groups/571383766355188/

(go here and ask to join… then add some Dinar Friends!!)

______________________________________________________________

Iraqi militias, US make nice following elections

Many Shiite armed factions in Iraq haven’t been threatening the United States of late, especially since they fared so well in the May 12 elections, receiving the second-most number of parliament seats. The shift indicates a possible rapprochement between the two sides, albeit undeclared.

Some militias of the Iran-backed, mostly Shiite, Popular Mobilization Units (PMU) in Iraq seem to be working to end the hostility toward Washington. Some indication of this was seen during the recent International Quds Day protests, which were organized by armed Shiite factions close to Iran in the Iraqi capital of Baghdad. The rallies were held June 8, marking the last Friday in the holy month of Ramadan, to show support for the Palestinian struggle against the Israeli occupation. The Quds Day protests are an annual tradition that started in 1979 by Ayatollah Ruhollah Khomeini, the late leader of the Islamic Revolution.

It has been the custom for protesters every year on Quds Day — and other occasions — to trample and burn the Israeli and American flags. This year, however, no American flags were destroyed or burned, and the protests did not include any slogans or threats against the United States.

On June 4, the Fatah Alliance invited several foreign ambassadors for iftar, the nightly fast-breaking meal during Ramadan. Photos from inside the alliance headquarters showed a meeting between alliance leader Hadi al-Amiri and US Ambassador to Iraq Douglas Silliman. Other ambassadors also were present.

It seems Amiri and some other PMU leaders are serious about rapprochement with the United States. This, however, has earned Amiri some criticism. Aws al-Khafaji, the head of the Abu al-Fadl al-Abbas Brigades, made scathing comments against Amiri, saying, “Protesting [against the US Embassy move to] Jerusalem does not go hand in hand with a meeting with the American ambassador.”

Karim al-Nouri, a close Amiri associate, hinted that the PMU’s influential Badr Organization hasn’t ruled out any rapprochement or dialogue with the United States.

“There is no conflict between the PMU or any foreign state. The Jerusalem [Quds] Day is a public celebration, where people are free to express themselves the way they want to,” Nouri told Al-Monitor. “Not destroying the American flag doesn’t suggest good relations. Burning flags during protests doesn’t mean that [Iraq] is on the outs with [the United States]. We only have reservations about Israel.”

On the same day Silliman visited Amiri, he also met with the leader of the State of Law Coalition, Iraqi Vice President Nouri al-Maliki, who more than once has attacked the United States. Maliki is a PMU leader and claims to be its founder.

Silliman’s keenness to meet two PMU “leaders” in a single day is further evidence that the United States has been looking at some PMU principals as possible partners.

The United States doesn’t deal with the PMU as a whole institution, but rather with each faction separately. The United States is closest to Amiri, who in addition to leading the Fatah Alliance also heads the Badr Organization. “Amiri has been in contact with the United States via ongoing meetings in Baghdad,” said Rahman Aljebouri, a senior researcher at the National Endowment for Democracy.

“Both the United States and the factions that seek rapprochement will benefit from such a step. Washington, however, views the factions that have joined the political process and have a long political history to be the closest to it,” Aljebouri told Al-Monitor.

“The relations between the Badr Organization and the Americans have evolved through the ministries of Transport and Interior, which were [part of] Amiri’s party,” he added.

Aljebouri’s suggestion that the United States deals with PMU factions separately is backed up by the US Congress’ stance on the League of the Righteous (Asaib Ahl al-Haq). Though Asaib Ahl al-Haq is part of the PMU, the United States has talked about placing Asaib Ahl al-Haq on its terrorism list.

The Fatah Alliance issued a calm and unprovocative statement June 2 calling on Washington to “reconsider the political map that will give it an appropriate opportunity to establish balanced relations with Iraq.”

Yehya al-Kubaisi, an adviser to the Iraqi Center for Strategic Studies, told Al-Monitor, “The United States cannot deal with the PMU as a single unit. They [Americans] have always distinguished between what they call good and bad militias. The Badr Organization is under the good category, while the League of the Righteous and Harakat Hezbollah al-Nujaba are categorized as bad. As for Iran, it believes that dealing with the former group of factions better serves its interests.”

He added, “The meeting between the US ambassador and Amiri happened at the same time the United States said it would classify the League of the Righteous and Harakat Hezbollah al-Nujaba as terrorist organizations. This means that Iran and the United States are sending each other messages, using the PMU as a tool to do so.”

As things stand, rapprochement between some PMU leaders and the United States stands to benefit both parties. The United States needs to neutralize Iran’s role in these factions. The PMU, meanwhile, seeks to get rid of elements that might cause it to be categorized as a terrorist group or of having committed human rights violations.

Article Credit: al-monitor.com

______________________________________________________________

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

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – June 23rd