Mosul .. Iraqi forces predict the ‘big wins’ within hours

Spokesman for the Iraqi joint operations Yahya said Messenger Saturday that “the coming hours” could see a “great victories” of Iraqi forces on Daesh fighters in Mosul, pointing out that the liberalization of the west coast of the entire city is near.

He explained in an interview with The Messenger, “Radio Sawa” that progress datum Iraqi air cover as well as the international coalition aircraft, adding that “in the coming hours, there will be victories Bushra wed to the Iraqi people.”

Messenger confirmed that the Iraqi forces now control more than 60 percent of the west coast of the conductor, but he pointed out that the population density hinder progress troops participating in the liberation of the city operations.

The military spokesman said that Daesh suffering from a decline in his abilities and appeared “Menksra dramatically and clear. A defeat and dispersion of leadership after successful strikes Iraqi air forces and coalition aircraft.”

Source: Radio Sawa

Faceiraq.net

tman23 (Dinar Guru) –  Article quote:   “WASHINGTON,— U.S. Secretary of State Rex Tillerson met with Iraqi Oil Minister Jabbar al-Luaibi at the State Department on Friday.”   SOME SERIOUS PLANNING GOING ON...OIL MAN TILLERSON MEETING WITH Al-Luaibi…THE CALL FOR ABADI TO GET TO WASHINGTON AHEAD OF SCHEDULED DATE…IMF MEETING TAKING PLACE WITH IRAQ…THEY HAVE A PLAN ROLLING OUT…LETS JUST HOPE IT INCLUDES US AND 3 ZEROS.

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

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The recipe for perpetual ignorance is: Be satisfied with your opinions and content with your knowledge. – Elbert Hubbard

tman23 (Dinar Guru) –   Post Mosul…What does the Iraqi government have to offer the citizen? What immediate services can the GOI provide?  IMO…THE HEADS OF IRAQ MUST DAZZLE THEIR PEOPLE WITH SOMETHING MORE THAN TALK ABOUT A GREAT FUTURE…IT’S TANGIBLE TIME, SOMETHING THEY CAN PUT THEIR HANDS ON…   Abadi promised them all a raise retro active back a full year when he became the PM…Never knew where the $$$ was coming from then… The people do not believe in their government or their country.   IMF says on their website that a countries currency can have a major psychological affect on it’s citizens…We shall see !!

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Mohammed Saleh: The central bank has a big role to emerge from the financial crisis for the country

Economy News / Baghdad … Set up the House of Wisdom Department of Economic Studies panel scientific symposium, Thursday, on the implementation of private sector development in Iraq strategy requirements (2014 2030)

The seminar was attended by Dr. appearance of Mohammed Saleh financial advisor to the prime minister and professor Samir Nasiri, an economist and banking and a number of economists and bankers*

And Dr. appearance of Mohammed Saleh during the symposium on how strategic economic implement and apply them to the ground adding that the private sector is the backbone of the Iraqi economy and millions of citizens working within the private sector, calling out the importance of getting rid of the market gap through public sector cooperation and private in order to create a large market

He said Saleh, the Central Bank’s role in saving the country from the financial crisis through the development of fiscal policy uncle of the federal budget and noted that 70% of the domestic and foreign debt is under control

For his part, economist and banker Samir Nasiri said that the reason for the lack of implementation of the economic strategy to visualize the lack of a clear implementation stressing that there are significant challenges facing the banking sector in Iraq after the financial and security crisis in the country

He said that should the private banking sector support through the control of the parallel market of Babavin, brokers and banking companies because they are the main reason for the rise in foreign currency rates and the development of laws by selling the currency window.

(Thanks Romello)

Read More: http://www.dinarupdates.com/showthread.php?47298-The-appearance-of-Mohammed-Saleh-the-central-bank-has-a-big-role-to-emerge-from-the

BGG (Dinar Guru) –   [how is investment?]  The investment is doing just fine – glad to be in it. No need for “secret intel” sources. This is getting good.  Alak (that would be the Gov of the CBI) and Abadi (that would be the Prime Minister of Iraq) were both “forecasting” the start of economic and financial reform as soon as ISIS was defeated in Mosul – they were believing this would have happened in Jan – Feb…BUT…    their optimism is still real – “first part of 2017” is still accurate – this appears to be a foregone conclusion, ISIS gone – MR started.  So – we’re good…and appears to be happening as we speak...

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

Maliki afraid of his trial and the inauguration of the new governor of the capital to fuel the conflict between him and the Sadrists

Raged differences within the National Alliance, a Shiite ruler, after the dismissal of the former Baghdad Governor Ali al-Tamimi and the election Atwan Atwani substitute, where the former governor Ali al-Tamimi belongs to the Sadrist movement block free, while the new governor belongs to the bloc coalition of state law, led by Nuri al-Maliki, who began the liquidation of political opponents during his bloc in parliament, where he has managed in the last period of the dismissal of a number of ministers and officials in the government as a kind of revenge for the lack of support for the third term of the former Prime Minister, Vice President of the Republic the current Nouri al-Maliki, and the latest was the governor of Baghdad, Ali al-Tamimi, who formed his dismissal pivotal point in Shiite conflict within the House.

He said members of the Council of Baghdad, said Atwani not a candidate for the post, and thus chosen is not illegal, as the Legal Committee emphasized that Atwani not nominate However past president of the Baghdad Provincial Council to vote despite the presence of problematic. Which means more conflict in the future and perhaps access to justice by arch rivals and more disagreements. This was confirmed by MP Hassan Khalati National Alliance, which revealed the existence of differences between the cleric Moqtada al-Sadr and the majority of the National Alliance blocks, which called for a boycott of the current meetings of the Council, and it remains isolated from the coalition blocks.

He Khalati told (Basenyoz) that what is happening between the Alliance and the Sadrists does not mean out of power from the coalition there is what brings us together, as well as the presence of other forces at work to reconcile between two disputing parties and to ease the conditions for access to the final version – in a veiled reference to Iran.

And on future alliances Khalati confirmed the presence of motionless among other blocs coalition blocs to form a common vision about the next election, and the National Alliance will seek to enter in one list.

But the facts on the ground indicate that large cracks between the Shiite house components, which seeks cleric Moqtada al-Sadr alliance with the civil power, which is leading the current protests with the leader of the Sadrist movement, and there were several meetings recently conducted by the chest with the leaders of the civil power is expected to produce a new coalition Sadrist trend graduated from the umbrella of the National Alliance.

And escalated in recent intensity of the conflict for the presidency of the National Alliance, despite receiving position by the current Zaamah Ammar al-Hakim, however, that there is a conflict hidden, according to a report of the Center for Future Studies, between state law, which does not recognize headed by Ammar al-Hakim, head of the National Alliance, in light of the vision of the coalition that He was entitled to the post of prime Alliance, and that the candidate leader of the Dawa Party and the head of the state law, the parliamentary Ali Adeeb was the best for the job, especially since the State of law coalition is the largest bloc within the National Alliance, also represents the largest force in parliament B93 seats out of 328.

The report pointed to what he called anti efforts to Nuri al-Maliki through the front, which recently formed from several deputies in addition to the deputies State of Law bloc, known parliamentary Front parliamentary reform last year formed, and includes about 150 deputies, mostly from Maliki’s coalition and his sympathizers, tried that block the dismissal of Prime parliament Salim al-Jubouri, as well as several interrogations resulted in the dismissal of defense Minister Khaled al-Obeidi and Finance Minister Hoshyar Zebari.

The report pointed out the differences between the “Moqtada al-Sadr” and “Nouri al-Maliki,” returned her nail into the coffin of the Shiite alliance, stressing that the two sides often met since 2014 on the exchange of accusations and criticisms about the reality in Iraq, especially after the storming of supporters of the Sadrist movement fortified Green Zone security, which shook the throne of the ruling Dawa party of Maliki recoils fiery remarks against the Sadrist movement, describing them Balgogaiaan, and outlaws.

The report revealed the existence of fears of the leader of the state law, Nuri al-Maliki of prosecutions, in light of recent calls by calling to account those involved in the fall of the city of Mosul fist Daesh, growing declarations in this regard, as well as the Chairman of the Commission of Inquiry into the fall of the city is the head of the security committee in parliament Iraqi governor Zamili, a Sadrist, so al-Maliki is always trying through his statements and his actions to draw attention to him and prove his position.

During the last period there has been a rapprochement between the Sadrists and the number of civil forces represent coordination of demonstrations and unify positions, which suggests an alliance is coming.

Meanwhile delegation from the Sadrist movement, with the leadership of the Iraqi Communist Party to strengthen cooperation and coordination in the demonstrations and peaceful protests, said a statement of the Communist Party that a delegation from the political body of the Sadrist movement visited Monday the headquarters of the Central Committee of the Iraqi Communist Party, and was greeted by party secretary Raed Fahmi delegation and his party.

The delegation visiting congratulations on the convening of the tenth National Party Congress and the election of Fahmy, secretary of the Central Committee, and wished him success in his work, while the circulation of the two delegations according to the statement “the political developments in the country.”

And on the political settlement of disputes internal National Alliance around a researcher Strategic Ihsan al-Shammari believes that the project is no longer his admissibility in the Iraqi street, especially, after the rejection of many of the parties have, if the alliance, which launched the initiative, all mass did not agree to the project, how ask the rest of the ingredients that endorse and support such projects, adding that this project revealed a sharp disagreement unspoken within the National Alliance blocks, where some of the blocks and approved the settlement and others are still refusing.

He said al-Shammari, told (Basenyoz) that the upcoming elections may see a new Iraqi blocs will appear for the yard, especially after the recent cracks witnessed by the masses.

The “historic compromise” project presented by the ruling coalition at a standstill without achieving any tangible results so far remains, and while the blocks have shown some response to this initiative put forward by third parties as a legitimate alternative.

(Courtesy of Loopster)

Read More: http://www.dinarupdates.com/showthread.php?47305-Maliki-afraid-of-his-trial-and-the-inauguration-of-the-new-governor-of-the-capital-to

Iraqi Dinar/Dollar auction 03-12-17 (most recent listing)

Currency Auctions Announcement No. 3399

This daily currency auction was held in the Central Bank of Iraq on the 03-12-2017

The results were as follows:

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Maliki preparing a coup to topple al-Abadi

Haroun Mohammed – Opinion Piece – It is no longer a whisper as it was in the past, since the weeks of political and parliamentary circles in Iraq is concerned, trading news that the Dawa party leader and head of a coalition of state law , Nuri al – Maliki, is ready to remove Haider al – Abadi for prime minister to replace him, which is waiting for the end of the battle of the left pane of Mosul, and the exploitation of preoccupation with the joint forces and units of the fight against terrorism and pieces of pro – army of servants, to complete the liberation of the city and keeping the land in which, to strike was blocked by two contexts: parliamentary and military, is being prepared for them rapidly through the organization of meetings and the holding of new alliances and political polarization.

The Parliamentary context , to mobilize the largest number of MPs, would agree to withdraw confidence from Haider al – Abadi and bring down his government in accordance with the so – called “political majority”, after al – Maliki succeeded during the last six months to fortify his coalition “state law” and prevent his deputies leak toward the pavilion or team Abadi, and attract deputies Patriotic Union of Kurdistan ( PUK ) and the movement for change and the group Islamic Kurdish, and the alliance with Saleem al – Jubouri and his new party “civil Rally for reform” and cooperation with the “solution” bloc headed by Jamal Karbouli, add to them a ten deputies from the system , ” the year – Maliki , ” and thus be a leader Dawa Party has ensured a majority of parliamentary and political comfortable, paving the way for his return to the presidency of the Council of Ministers and the formation of a new government will be the first tasks, encircling the Sadrist movement led by Muqtada al – Sadr , a Shiite, and the isolation of the block “united” and its president , Osama Najafi , a Sunni, and the weakening of the Kurdistan Democratic Party , headed by Massoud Barzani , a Kurd.

As for the other parties and blocs, such as the Supreme Council led by Ammar al – Hakim, and the Virtue Party , led by Mohammed al – Yacoubi, and a coalition of “Iraq” led by Iyad Allawi, Maliki is optimistic and says , “they are free to” give them the Ministry of “fatty”, ministries, and will come Mhrawlin.

With regard to the military context to be adopted by Nuri al – Maliki in the implementation of the scheme, who shall move the popular crowd forces and packaged so as to ensure the success of his coup after being practically become, head of the political wing of the crowd, as described by former MP Hassan Alawi, who believes that al – Maliki is coming, if you do not not now, in the next election strongly crowd strike and its votes, estimated by one million votes, especially since the crowd leaders managed by threats and pressure to convert their factions than just armed militias outside the law and the Constitution, to the official military institution public and political parties, enjoying the benefits and privileges and powers more than defense and interior ministries and greater than the combined forces and anti – terrorist units, the defendants that the Americans were founded by and chose their leaders and trail Anazarema.

Although Abadi , not far from the al – Maliki moves, and knows that the latter is restless and settle down , but his return to power again, but it is in an enviable position, as running silent again, and hints firmness at times, but in both cases can not take decisive action to restrict Maliki movement and prevent him from proceeding with his plans coup, for fear of a clash with the consequent repercussions on the volatile political scene.

Valebadi acknowledges that it is exposed to the attack say it is unfair and aimed at spoiling his government and embarrass him personally and hindered the implementation of the reforms the looks of it, is aware in advance that al – Maliki stalked him and he goes to jamming on his performance and show it as prime minister is weak. But the problem lies in his personality Abadi confused that lack of confrontation, and is well aware of the serious threat to his political future, which allowed the owners to play in the arena in accordance with the wishes and choices freely without the fear of one. This was evident last week when advocating his supporters Party instigated in Kut to receive Abadi , who visited the university, with shouts of prey, and leveled the Sadrist trend , which hastened its leader , Muqtada al – Sadr, to repudiate them praising Lakedr Abadi , describing him as a man of reform and the only term for corruption offenses, in response clear, it refuted the accusations of al – Maliki, and the granting of Abadi dose of support and assistance, and space to think about taking steps to help him curb his opponents revealed their purposes, but did not invest dose and leeway to serve his position, remained hesitant waiting respite will not come.

Since taking Abadi as prime minister in September 2014 events proved that al – Maliki indefatigable, organized in his approach to besiege Abadi and fabricating crises in front of his government and entered into the dangerous areas. For example , recently unveiled contacts made the call with the leadership of the “Bi Ka Ka” Turkish Kurdish party concentrated in Sinjar , west of Mosul , the party leader, and there are unconfirmed reports that the PKK fighters, paid a monthly salary of the popular crowd budget and receiving weapons and military equipment from its warehouse information. The goal of al – Maliki and clear, and is straining the Iraqi – Turkish relations , which subsided visit Ben Ali Yildirim , Turkish Prime Minister to Baghdad last month , and the success of his talks with al – Abadi. Maliki is himself, not others, instructed his ally , the National Union Party to take over the North Oil Company in Kirkuk, also said Kurdish MP Biriwan Khilani, to prevent the flow of Iraqi oil to the Turkish port of Ceyhan, and pave the way for implementation of the project Kirkuk oil transport through the territory of Iran and ports.

Maliki does not want to Ebadi to continue as prime minister until the next parliamentary elections in April 2018, and attributed to him in a meeting with the leaders of the crowd in his office, was devoted to discuss the political issue of the majority, saying that al – Abadi “Sbiana” If the elections were held under the current government, and this transfer speech – to – Abadi from several sources. But the latter is still the illusion that Washington and reference Najaf with him, and violations that trigger undermine his government, even though he knows that Maliki can change his skin at any moment, because it is without principles or political and moral value.

Read More: http://www.dinarupdates.com/showthread.php?47292-Maliki-preparing-a-coup-to-topple-al-Abadi-09-03-2017

Mosul war will end very soon .. and Abadi called on Iraqis in Germany to return to their homeland

Called on Prime Minister Haider al – Abadi, Saturday, Iraqis who fled to Germany to seek asylum to return to their homeland, while noting that the war in Mosul will end very soon.

Ebadi said in an interview with the newspaper ‘Bild’ German edition of the day, that ‘in our interest to our citizens come back, do not want to be forced to leave the country and become refugees’, stating ‘We are returning the reconstruction of areas and we want to enable people to live here again.’

In response to a question on whether it calls its own citizens in Germany to return, Abadi , ‘Yes, I do , he said, they have to return, this is in our interest. ”

He predicted Abadi output regulation ‘Daesh’ of Mosul soon, saying that ‘ the war in Mosul will end very soon, and we arrived in the western part to the almost center of the city’, pointing out that the ‘process is very successful and the enemy either escape or be killed, and that troops wipe out the entire organization and will spend Once the ideology disarm the alleged control of the capital. ‘

And on whether the Iraqi government is able to provide security for citizens, Abadi said , ‘Look at what is happening in Mosul, expunged terrorism’, pointing out that ‘ the citizens they can return.’

Alsharqiaa.com

______________________________________________________________

The following .PDF is the review by RCookie of the IMF board’s publishing of Iraq’s SBA (excellent info) – He would have wanted you all to have it.. posting the whole .PDF was the only way to get it on here. Enjoy. BGG

Robert Cook  CSW  CSS  CBP  CST  CTC

Iraq:

IMF EXECUTIVE BOARD COMPLETES FIRST REVIEW IRAQ’S STAND-BY ARRANGEMENT (45 pages…)

IS leader Baghdadi abandons Mosul fight to field commanders, U.S. and Iraqi sources say

By Isabel Coles, John Walcott and Maher Chmaytelli | MOSUL, IRAQ/WASHINGTON

U.S. and Iraqi officials believe the leader of Islamic State, Abu Bakr al-Baghdadi, has left operational commanders behind with diehard followers to fight the battle of Mosul, and is now hiding out in the desert, focussing mainly on his own survival.
It is impossible to confirm the whereabouts of the Islamic State “caliph”, who declared himself the ruler of all Muslims from Mosul’s Great Mosque after his forces swept through northern Iraq in 2014.

But U.S. and Iraqi intelligence sources say an absence of official communication from the group’s leadership and the loss of territory in Mosul suggest he has abandoned the city, by far the largest population centre his group has ever held.

He has proved to be an elusive target, rarely using communication that can be monitored, and moving constantly, often multiple times in one 24-hour cycle, the sources say.

From their efforts to track him, they believe he hides mostly among sympathetic civilians in familiar desert villages, rather than with fighters in their barracks in urban areas where combat has been under way, the sources say.

ISOLATED

At the height of its power two years ago, Islamic State ruled over millions of people in territory running from northern Syria through towns and villages along the Tigris and Euphrates river valleys to the outskirts of Baghdad in Iraq.

U.S.-backed Iraqi forces began an operation five months ago to recapture Mosul, a city at least four times the size of any other the group has held. The biggest battle in Iraq since the U.S.-led invasion of 2003, it has been slow going, in part because hundreds of thousands of civilians remain in harm’s way.

The 100,000-strong Iraqi force fully captured the eastern half of Mosul in January, and commanders began an operation to cross the Tigris and take the western half last month. Progress has since been steady and the coalition says its victory is now inevitable, which would dismantle the caliphate in Iraq.

The intelligence sources point to a sharp drop in Islamic State postings on social media as evidence that Baghdadi and his circle have become increasingly isolated.

Baghdadi himself has not released a recorded speech since early November, two weeks after the start of the Mosul battle, when he called on his followers to fight the “unbelievers” and “make their blood flow as rivers.”

Since then, sporadic Islamic State statements mention attacks carried out by suicide bombers at various locations in Iraq and Syria, but place no particular emphasis on Mosul, despite the city being the main centre of fighting.

Neither Baghdadi nor any of his close aides released any comment on the fall of the eastern part of the city in January.

The group’s presence on Telegram, a social media network that had become its main platform for announcements and speeches, has tapered off. The coalition estimates that Islamic State activity on Twitter has fallen by 45 percent since 2014, with 360,000 of the group’s Twitter accounts suspended so far and new ones usually shut down within two days.

“GAME IS UP”

In what is likely to be a major symbolic victory for the U.S.-backed Iraqi forces, they are now closing in on the area around Mosul’s Great Mosque on the western bank of the Tigris, where Baghdadi proclaimed his caliphate.

More than half of the 6,000 jihadists left to defend the city have been killed, according to Hisham al-Hashimi, the author of the book “World of Daesh”, who also advises the Iraqi government. Daesh is an Arabic acronym for Islamic State.

U.S. commanders sound upbeat and say the battle for the city is now in a late stage.

“The game is up,” U.S. Air Force Brigadier General Matthew Isler told Reuters at the Qayyara West Airfield south of Mosul, adding that some of Islamic State’s foreign fighters are trying to leave the city.

Those left behind to fight, mostly Iraqis, are putting up a “very hard fight” on the tactical level but they are no longer an integrated force, as coalition air strikes took out command and control centres, car bombs and weapon caches, he said.

“They have lost this fight and what you’re seeing is a delaying action,” he said.

Although the loss of Mosul would effectively end Islamic State’s territorial rule in Iraq, U.S. and Iraqi officials are preparing for the group to go underground and fight an insurgency like the one that followed the U.S.-led invasion.

The “caliphate” as a state structure would end with the capture of Raqqa, its de facto capital in Syria, possibly later this year.

Raqqa is far smaller than Mosul, but mounting operations against Islamic State in Syria has been trickier than in Iraq, because the group’s many Syrian enemies have mostly been pre-occupied fighting among themselves in a civil war since 2011.

Nevertheless, Islamic State has faced setbacks in Syria over the past year against three main foes: U.S.-backed Kurdish and Arab militias, the Russian-backed Syrian army, and mainly Sunni Muslim Syrian rebels backed by Turkey.

The last official report about Baghdadi was from the Iraqi military on Feb. 13. Iraqi F-16s carried out a strike on a house where he was thought to be meeting other commanders, in western Iraq, near the Syrian border, it said.

Baghdadi, an Iraqi whose real name is Ibrahim al-Samarrai, is moving in a remote, mostly-desert stretch populated exclusively by Sunni Arab tribes north of the Euphrates river, according to Hashimi.

The area stretches from the town of Baaj, in northwestern Iraq, to the Syrian border town of Albu Kamal on the Euphrates.

“It’s their historic region, they know the people there and the terrain; food, water and gasoline are easy to get, spies are easier to spot” than in crowded areas, he said.

The U.S. government has had a joint task force to track down Baghdadi which includes special operations forces, the CIA and other U.S. intelligence agencies as well as spy satellites of the National Geospatial Intelligence Agency.

But Baghdadi seems to have learnt the lessons from the 2011 capture and killing of Osama bin Ladin, and relies on multiple couriers and not just one, unlike the al Qaeda founder, say U.S. intelligence sources.

He also switches cars during trips, a lesson learnt from the 2011 drone strike that killed Anwar al-Awlaki, an al Qaeda figure in Yemen.

Baghdadi has not publicly appointed a successor, but Iyad al-Obaidi, also known as Fadel Haifa, a security officer under former dictator Saddam Hussein, is known to be the de facto deputy, according to Iraqi intelligence sources.

More than 40 leading members of the group have been killed in coalition air strikes, but the insurgency is likely to continue even if Mosul is captured and Baghdadi and his aides are killed, according to Iraqi security experts.

“There will be other commanders rising because the structure of the organisation remains,” said Fadhil Abu Ragheef, an Iraqi security expert specialised in IS affairs.

(Reporting by Isabel Coles in Mosul, John Walcott in Washington and Maher Chmaytelli in Baghdad; writing by Maher Chmaytelli; additional reporting by Mohammed el-Sherif in Cairo and Kylie MacLellan in London; Editing by Samia Nakhoul and Peter Graff)

Source: http://uk.reuters.com/article/uk-mideast-crisis-iraq-baghdadi-idUKKBN16F1CG?rpc=401&

Indicative rates – 03.12.2017

http://www.cbi.iq/

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Mosul .. Iraqi forces predict the ‘big wins’ within hours

Spokesman for the Iraqi joint operations Yahya said Messenger Saturday that “the coming hours” could see a “great victories” of Iraqi forces on Daesh fighters in Mosul, pointing out that the liberalization of the west coast of the entire city is near.

He explained in an interview with The Messenger, “Radio Sawa” that progress datum Iraqi air cover as well as the international coalition aircraft, adding that “in the coming hours, there will be victories Bushra wed to the Iraqi people.”

Messenger confirmed that the Iraqi forces now control more than 60 percent of the west coast of the conductor, but he pointed out that the population density hinder progress troops participating in the liberation of the city operations.

The military spokesman said that Daesh suffering from a decline in his abilities and appeared “Menksra dramatically and clear. A defeat and dispersion of leadership after successful strikes Iraqi air forces and coalition aircraft.”

Source: Radio Sawa

Faceiraq.net

tman23 (Dinar Guru) –   HOLD ON TO YOUR SEAT… “WASHINGTON,— U.S. Secretary of State Rex Tillerson met with Iraqi Oil Minister Jabbar al-Luaibi at the State Department on Friday. Al-Luaibi did not comment on questions from reporters about U.S. oil investment in Iraq.”  “Mr. Minister, are there plans to expand U.S. oil investment in Iraq?” one reporter asked. Tillerson extended a handshake to the minister and said, “welcome.” Reporters were then quickly escorted from the room.” AND THEN…  “Iraqi Prime Minister Haider al-Abadi has expressed a willingness to make a visit to Washington ahead of an earlier date, which had been set for the week of March 19...”   KABOOM! The reschedule comes at the request of the White House…ABADI GOING TO WASHINGTON EARLIER THAN SCHEDULED.

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

Follow us on twitter @DinarUpdates !!

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Be courteous to all, but intimate with few. – George Washington

BGG (Dinar Guru) –   [how is investment?]  The investment is doing just fine – glad to be in it. No need for “secret intel” sources. This is getting good.  Alak (that would be the Gov of the CBI) and Abadi (that would be the Prime Minister of Iraq) were both “forecasting” the start of economic and financial reform as soon as ISIS was defeated in Mosul – they were believing this would have happened in Jan – Feb…BUT…    their optimism is still real – “first part of 2017” is still accurate – this appears to be a foregone conclusion, ISIS gone – MR started.  So – we’re good…and appears to be happening as we speak...

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

A Dinar Round Table Call
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from Wed nite – Mar 1st
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Mohammed Saleh: The central bank has a big role to emerge from the financial crisis for the country

Economy News / Baghdad … Set up the House of Wisdom Department of Economic Studies panel scientific symposium, Thursday, on the implementation of private sector development in Iraq strategy requirements (2014 2030)

The seminar was attended by Dr. appearance of Mohammed Saleh financial advisor to the prime minister and professor Samir Nasiri, an economist and banking and a number of economists and bankers*

And Dr. appearance of Mohammed Saleh during the symposium on how strategic economic implement and apply them to the ground adding that the private sector is the backbone of the Iraqi economy and millions of citizens working within the private sector, calling out the importance of getting rid of the market gap through public sector cooperation and private in order to create a large market

He said Saleh, the Central Bank’s role in saving the country from the financial crisis through the development of fiscal policy uncle of the federal budget and noted that 70% of the domestic and foreign debt is under control

For his part, economist and banker Samir Nasiri said that the reason for the lack of implementation of the economic strategy to visualize the lack of a clear implementation stressing that there are significant challenges facing the banking sector in Iraq after the financial and security crisis in the country

He said that should the private banking sector support through the control of the parallel market of Babavin, brokers and banking companies because they are the main reason for the rise in foreign currency rates and the development of laws by selling the currency window.

(Thanks Romello)

Read More: http://www.dinarupdates.com/showthread.php?47298-The-appearance-of-Mohammed-Saleh-the-central-bank-has-a-big-role-to-emerge-from-the

Enorrste (Dinar Guru) –   It is natural for those of us who have been in this game a long time (over 10 years for me) to get frustrated now and then.   I am confident that we will make a significant profit within a reasonable period of time.  I am 68, so that “reasonable period” isn’t that long!

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

Maliki afraid of his trial and the inauguration of the new governor of the capital to fuel the conflict between him and the Sadrists

Raged differences within the National Alliance, a Shiite ruler, after the dismissal of the former Baghdad Governor Ali al-Tamimi and the election Atwan Atwani substitute, where the former governor Ali al-Tamimi belongs to the Sadrist movement block free, while the new governor belongs to the bloc coalition of state law, led by Nuri al-Maliki, who began the liquidation of political opponents during his bloc in parliament, where he has managed in the last period of the dismissal of a number of ministers and officials in the government as a kind of revenge for the lack of support for the third term of the former Prime Minister, Vice President of the Republic the current Nouri al-Maliki, and the latest was the governor of Baghdad, Ali al-Tamimi, who formed his dismissal pivotal point in Shiite conflict within the House.

He said members of the Council of Baghdad, said Atwani not a candidate for the post, and thus chosen is not illegal, as the Legal Committee emphasized that Atwani not nominate However past president of the Baghdad Provincial Council to vote despite the presence of problematic. Which means more conflict in the future and perhaps access to justice by arch rivals and more disagreements. This was confirmed by MP Hassan Khalati National Alliance, which revealed the existence of differences between the cleric Moqtada al-Sadr and the majority of the National Alliance blocks, which called for a boycott of the current meetings of the Council, and it remains isolated from the coalition blocks.

He Khalati told (Basenyoz) that what is happening between the Alliance and the Sadrists does not mean out of power from the coalition there is what brings us together, as well as the presence of other forces at work to reconcile between two disputing parties and to ease the conditions for access to the final version – in a veiled reference to Iran.

And on future alliances Khalati confirmed the presence of motionless among other blocs coalition blocs to form a common vision about the next election, and the National Alliance will seek to enter in one list.

But the facts on the ground indicate that large cracks between the Shiite house components, which seeks cleric Moqtada al-Sadr alliance with the civil power, which is leading the current protests with the leader of the Sadrist movement, and there were several meetings recently conducted by the chest with the leaders of the civil power is expected to produce a new coalition Sadrist trend graduated from the umbrella of the National Alliance.

And escalated in recent intensity of the conflict for the presidency of the National Alliance, despite receiving position by the current Zaamah Ammar al-Hakim, however, that there is a conflict hidden, according to a report of the Center for Future Studies, between state law, which does not recognize headed by Ammar al-Hakim, head of the National Alliance, in light of the vision of the coalition that He was entitled to the post of prime Alliance, and that the candidate leader of the Dawa Party and the head of the state law, the parliamentary Ali Adeeb was the best for the job, especially since the State of law coalition is the largest bloc within the National Alliance, also represents the largest force in parliament B93 seats out of 328.

The report pointed to what he called anti efforts to Nuri al-Maliki through the front, which recently formed from several deputies in addition to the deputies State of Law bloc, known parliamentary Front parliamentary reform last year formed, and includes about 150 deputies, mostly from Maliki’s coalition and his sympathizers, tried that block the dismissal of Prime parliament Salim al-Jubouri, as well as several interrogations resulted in the dismissal of defense Minister Khaled al-Obeidi and Finance Minister Hoshyar Zebari.

The report pointed out the differences between the “Moqtada al-Sadr” and “Nouri al-Maliki,” returned her nail into the coffin of the Shiite alliance, stressing that the two sides often met since 2014 on the exchange of accusations and criticisms about the reality in Iraq, especially after the storming of supporters of the Sadrist movement fortified Green Zone security, which shook the throne of the ruling Dawa party of Maliki recoils fiery remarks against the Sadrist movement, describing them Balgogaiaan, and outlaws.

The report revealed the existence of fears of the leader of the state law, Nuri al-Maliki of prosecutions, in light of recent calls by calling to account those involved in the fall of the city of Mosul fist Daesh, growing declarations in this regard, as well as the Chairman of the Commission of Inquiry into the fall of the city is the head of the security committee in parliament Iraqi governor Zamili, a Sadrist, so al-Maliki is always trying through his statements and his actions to draw attention to him and prove his position.

During the last period there has been a rapprochement between the Sadrists and the number of civil forces represent coordination of demonstrations and unify positions, which suggests an alliance is coming.

Meanwhile delegation from the Sadrist movement, with the leadership of the Iraqi Communist Party to strengthen cooperation and coordination in the demonstrations and peaceful protests, said a statement of the Communist Party that a delegation from the political body of the Sadrist movement visited Monday the headquarters of the Central Committee of the Iraqi Communist Party, and was greeted by party secretary Raed Fahmi delegation and his party.

The delegation visiting congratulations on the convening of the tenth National Party Congress and the election of Fahmy, secretary of the Central Committee, and wished him success in his work, while the circulation of the two delegations according to the statement “the political developments in the country.”

And on the political settlement of disputes internal National Alliance around a researcher Strategic Ihsan al-Shammari believes that the project is no longer his admissibility in the Iraqi street, especially, after the rejection of many of the parties have, if the alliance, which launched the initiative, all mass did not agree to the project, how ask the rest of the ingredients that endorse and support such projects, adding that this project revealed a sharp disagreement unspoken within the National Alliance blocks, where some of the blocks and approved the settlement and others are still refusing.

He said al-Shammari, told (Basenyoz) that the upcoming elections may see a new Iraqi blocs will appear for the yard, especially after the recent cracks witnessed by the masses.

The “historic compromise” project presented by the ruling coalition at a standstill without achieving any tangible results so far remains, and while the blocks have shown some response to this initiative put forward by third parties as a legitimate alternative.

(Courtesy of Loopster)

Read More: http://www.dinarupdates.com/showthread.php?47305-Maliki-afraid-of-his-trial-and-the-inauguration-of-the-new-governor-of-the-capital-to

Iraqi Dinar/Dollar auction 03-09-17 (most recent listing)

Currency Auctions Announcement No. 3398

This daily currency auction was held in the Central Bank of Iraq on the 03-09-2017

The results were as follows:

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Maliki preparing a coup to topple al-Abadi

Haroun Mohammed – Opinion Piece – It is no longer a whisper as it was in the past, since the weeks of political and parliamentary circles in Iraq is concerned, trading news that the Dawa party leader and head of a coalition of state law , Nuri al – Maliki, is ready to remove Haider al – Abadi for prime minister to replace him, which is waiting for the end of the battle of the left pane of Mosul, and the exploitation of preoccupation with the joint forces and units of the fight against terrorism and pieces of pro – army of servants, to complete the liberation of the city and keeping the land in which, to strike was blocked by two contexts: parliamentary and military, is being prepared for them rapidly through the organization of meetings and the holding of new alliances and political polarization.

The Parliamentary context , to mobilize the largest number of MPs, would agree to withdraw confidence from Haider al – Abadi and bring down his government in accordance with the so – called “political majority”, after al – Maliki succeeded during the last six months to fortify his coalition “state law” and prevent his deputies leak toward the pavilion or team Abadi, and attract deputies Patriotic Union of Kurdistan ( PUK ) and the movement for change and the group Islamic Kurdish, and the alliance with Saleem al – Jubouri and his new party “civil Rally for reform” and cooperation with the “solution” bloc headed by Jamal Karbouli, add to them a ten deputies from the system , ” the year – Maliki , ” and thus be a leader Dawa Party has ensured a majority of parliamentary and political comfortable, paving the way for his return to the presidency of the Council of Ministers and the formation of a new government will be the first tasks, encircling the Sadrist movement led by Muqtada al – Sadr , a Shiite, and the isolation of the block “united” and its president , Osama Najafi , a Sunni, and the weakening of the Kurdistan Democratic Party , headed by Massoud Barzani , a Kurd.

As for the other parties and blocs, such as the Supreme Council led by Ammar al – Hakim, and the Virtue Party , led by Mohammed al – Yacoubi, and a coalition of “Iraq” led by Iyad Allawi, Maliki is optimistic and says , “they are free to” give them the Ministry of “fatty”, ministries, and will come Mhrawlin.

With regard to the military context to be adopted by Nuri al – Maliki in the implementation of the scheme, who shall move the popular crowd forces and packaged so as to ensure the success of his coup after being practically become, head of the political wing of the crowd, as described by former MP Hassan Alawi, who believes that al – Maliki is coming, if you do not not now, in the next election strongly crowd strike and its votes, estimated by one million votes, especially since the crowd leaders managed by threats and pressure to convert their factions than just armed militias outside the law and the Constitution, to the official military institution public and political parties, enjoying the benefits and privileges and powers more than defense and interior ministries and greater than the combined forces and anti – terrorist units, the defendants that the Americans were founded by and chose their leaders and trail Anazarema.

Although Abadi , not far from the al – Maliki moves, and knows that the latter is restless and settle down , but his return to power again, but it is in an enviable position, as running silent again, and hints firmness at times, but in both cases can not take decisive action to restrict Maliki movement and prevent him from proceeding with his plans coup, for fear of a clash with the consequent repercussions on the volatile political scene.

Valebadi acknowledges that it is exposed to the attack say it is unfair and aimed at spoiling his government and embarrass him personally and hindered the implementation of the reforms the looks of it, is aware in advance that al – Maliki stalked him and he goes to jamming on his performance and show it as prime minister is weak. But the problem lies in his personality Abadi confused that lack of confrontation, and is well aware of the serious threat to his political future, which allowed the owners to play in the arena in accordance with the wishes and choices freely without the fear of one. This was evident last week when advocating his supporters Party instigated in Kut to receive Abadi , who visited the university, with shouts of prey, and leveled the Sadrist trend , which hastened its leader , Muqtada al – Sadr, to repudiate them praising Lakedr Abadi , describing him as a man of reform and the only term for corruption offenses, in response clear, it refuted the accusations of al – Maliki, and the granting of Abadi dose of support and assistance, and space to think about taking steps to help him curb his opponents revealed their purposes, but did not invest dose and leeway to serve his position, remained hesitant waiting respite will not come.

Since taking Abadi as prime minister in September 2014 events proved that al – Maliki indefatigable, organized in his approach to besiege Abadi and fabricating crises in front of his government and entered into the dangerous areas. For example , recently unveiled contacts made the call with the leadership of the “Bi Ka Ka” Turkish Kurdish party concentrated in Sinjar , west of Mosul , the party leader, and there are unconfirmed reports that the PKK fighters, paid a monthly salary of the popular crowd budget and receiving weapons and military equipment from its warehouse information. The goal of al – Maliki and clear, and is straining the Iraqi – Turkish relations , which subsided visit Ben Ali Yildirim , Turkish Prime Minister to Baghdad last month , and the success of his talks with al – Abadi. Maliki is himself, not others, instructed his ally , the National Union Party to take over the North Oil Company in Kirkuk, also said Kurdish MP Biriwan Khilani, to prevent the flow of Iraqi oil to the Turkish port of Ceyhan, and pave the way for implementation of the project Kirkuk oil transport through the territory of Iran and ports.

Maliki does not want to Ebadi to continue as prime minister until the next parliamentary elections in April 2018, and attributed to him in a meeting with the leaders of the crowd in his office, was devoted to discuss the political issue of the majority, saying that al – Abadi “Sbiana” If the elections were held under the current government, and this transfer speech – to – Abadi from several sources. But the latter is still the illusion that Washington and reference Najaf with him, and violations that trigger undermine his government, even though he knows that Maliki can change his skin at any moment, because it is without principles or political and moral value.

Read More: http://www.dinarupdates.com/showthread.php?47292-Maliki-preparing-a-coup-to-topple-al-Abadi-09-03-2017

Mosul war will end very soon .. and Abadi called on Iraqis in Germany to return to their homeland

Called on Prime Minister Haider al – Abadi, Saturday, Iraqis who fled to Germany to seek asylum to return to their homeland, while noting that the war in Mosul will end very soon.

Ebadi said in an interview with the newspaper ‘Bild’ German edition of the day, that ‘in our interest to our citizens come back, do not want to be forced to leave the country and become refugees’, stating ‘We are returning the reconstruction of areas and we want to enable people to live here again.’

In response to a question on whether it calls its own citizens in Germany to return, Abadi , ‘Yes, I do , he said, they have to return, this is in our interest. ”

He predicted Abadi output regulation ‘Daesh’ of Mosul soon, saying that ‘ the war in Mosul will end very soon, and we arrived in the western part to the almost center of the city’, pointing out that the ‘process is very successful and the enemy either escape or be killed, and that troops wipe out the entire organization and will spend Once the ideology disarm the alleged control of the capital. ‘

And on whether the Iraqi government is able to provide security for citizens, Abadi said , ‘Look at what is happening in Mosul, expunged terrorism’, pointing out that ‘ the citizens they can return.’

Alsharqiaa.com

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The following .PDF is the review by RCookie of the IMF board’s publishing of Iraq’s SBA (excellent info) – He would have wanted you all to have it.. posting the whole .PDF was the only way to get it on here. Enjoy. BGG

Robert Cook  CSW  CSS  CBP  CST  CTC

Iraq:

IMF EXECUTIVE BOARD COMPLETES FIRST REVIEW IRAQ’S STAND-BY ARRANGEMENT (45 pages…)

IS leader Baghdadi abandons Mosul fight to field commanders, U.S. and Iraqi sources say

By Isabel Coles, John Walcott and Maher Chmaytelli | MOSUL, IRAQ/WASHINGTON

U.S. and Iraqi officials believe the leader of Islamic State, Abu Bakr al-Baghdadi, has left operational commanders behind with diehard followers to fight the battle of Mosul, and is now hiding out in the desert, focussing mainly on his own survival.
It is impossible to confirm the whereabouts of the Islamic State “caliph”, who declared himself the ruler of all Muslims from Mosul’s Great Mosque after his forces swept through northern Iraq in 2014.

But U.S. and Iraqi intelligence sources say an absence of official communication from the group’s leadership and the loss of territory in Mosul suggest he has abandoned the city, by far the largest population centre his group has ever held.

He has proved to be an elusive target, rarely using communication that can be monitored, and moving constantly, often multiple times in one 24-hour cycle, the sources say.

From their efforts to track him, they believe he hides mostly among sympathetic civilians in familiar desert villages, rather than with fighters in their barracks in urban areas where combat has been under way, the sources say.

ISOLATED

At the height of its power two years ago, Islamic State ruled over millions of people in territory running from northern Syria through towns and villages along the Tigris and Euphrates river valleys to the outskirts of Baghdad in Iraq.

U.S.-backed Iraqi forces began an operation five months ago to recapture Mosul, a city at least four times the size of any other the group has held. The biggest battle in Iraq since the U.S.-led invasion of 2003, it has been slow going, in part because hundreds of thousands of civilians remain in harm’s way.

The 100,000-strong Iraqi force fully captured the eastern half of Mosul in January, and commanders began an operation to cross the Tigris and take the western half last month. Progress has since been steady and the coalition says its victory is now inevitable, which would dismantle the caliphate in Iraq.

The intelligence sources point to a sharp drop in Islamic State postings on social media as evidence that Baghdadi and his circle have become increasingly isolated.

Baghdadi himself has not released a recorded speech since early November, two weeks after the start of the Mosul battle, when he called on his followers to fight the “unbelievers” and “make their blood flow as rivers.”

Since then, sporadic Islamic State statements mention attacks carried out by suicide bombers at various locations in Iraq and Syria, but place no particular emphasis on Mosul, despite the city being the main centre of fighting.

Neither Baghdadi nor any of his close aides released any comment on the fall of the eastern part of the city in January.

The group’s presence on Telegram, a social media network that had become its main platform for announcements and speeches, has tapered off. The coalition estimates that Islamic State activity on Twitter has fallen by 45 percent since 2014, with 360,000 of the group’s Twitter accounts suspended so far and new ones usually shut down within two days.

“GAME IS UP”

In what is likely to be a major symbolic victory for the U.S.-backed Iraqi forces, they are now closing in on the area around Mosul’s Great Mosque on the western bank of the Tigris, where Baghdadi proclaimed his caliphate.

More than half of the 6,000 jihadists left to defend the city have been killed, according to Hisham al-Hashimi, the author of the book “World of Daesh”, who also advises the Iraqi government. Daesh is an Arabic acronym for Islamic State.

U.S. commanders sound upbeat and say the battle for the city is now in a late stage.

“The game is up,” U.S. Air Force Brigadier General Matthew Isler told Reuters at the Qayyara West Airfield south of Mosul, adding that some of Islamic State’s foreign fighters are trying to leave the city.

Those left behind to fight, mostly Iraqis, are putting up a “very hard fight” on the tactical level but they are no longer an integrated force, as coalition air strikes took out command and control centres, car bombs and weapon caches, he said.

“They have lost this fight and what you’re seeing is a delaying action,” he said.

Although the loss of Mosul would effectively end Islamic State’s territorial rule in Iraq, U.S. and Iraqi officials are preparing for the group to go underground and fight an insurgency like the one that followed the U.S.-led invasion.

The “caliphate” as a state structure would end with the capture of Raqqa, its de facto capital in Syria, possibly later this year.

Raqqa is far smaller than Mosul, but mounting operations against Islamic State in Syria has been trickier than in Iraq, because the group’s many Syrian enemies have mostly been pre-occupied fighting among themselves in a civil war since 2011.

Nevertheless, Islamic State has faced setbacks in Syria over the past year against three main foes: U.S.-backed Kurdish and Arab militias, the Russian-backed Syrian army, and mainly Sunni Muslim Syrian rebels backed by Turkey.

The last official report about Baghdadi was from the Iraqi military on Feb. 13. Iraqi F-16s carried out a strike on a house where he was thought to be meeting other commanders, in western Iraq, near the Syrian border, it said.

Baghdadi, an Iraqi whose real name is Ibrahim al-Samarrai, is moving in a remote, mostly-desert stretch populated exclusively by Sunni Arab tribes north of the Euphrates river, according to Hashimi.

The area stretches from the town of Baaj, in northwestern Iraq, to the Syrian border town of Albu Kamal on the Euphrates.

“It’s their historic region, they know the people there and the terrain; food, water and gasoline are easy to get, spies are easier to spot” than in crowded areas, he said.

The U.S. government has had a joint task force to track down Baghdadi which includes special operations forces, the CIA and other U.S. intelligence agencies as well as spy satellites of the National Geospatial Intelligence Agency.

But Baghdadi seems to have learnt the lessons from the 2011 capture and killing of Osama bin Ladin, and relies on multiple couriers and not just one, unlike the al Qaeda founder, say U.S. intelligence sources.

He also switches cars during trips, a lesson learnt from the 2011 drone strike that killed Anwar al-Awlaki, an al Qaeda figure in Yemen.

Baghdadi has not publicly appointed a successor, but Iyad al-Obaidi, also known as Fadel Haifa, a security officer under former dictator Saddam Hussein, is known to be the de facto deputy, according to Iraqi intelligence sources.

More than 40 leading members of the group have been killed in coalition air strikes, but the insurgency is likely to continue even if Mosul is captured and Baghdadi and his aides are killed, according to Iraqi security experts.

“There will be other commanders rising because the structure of the organisation remains,” said Fadhil Abu Ragheef, an Iraqi security expert specialised in IS affairs.

(Reporting by Isabel Coles in Mosul, John Walcott in Washington and Maher Chmaytelli in Baghdad; writing by Maher Chmaytelli; additional reporting by Mohammed el-Sherif in Cairo and Kylie MacLellan in London; Editing by Samia Nakhoul and Peter Graff)

Source: http://uk.reuters.com/article/uk-mideast-crisis-iraq-baghdadi-idUKKBN16F1CG?rpc=401&

Indicative rates – 03.11.2017

http://www.cbi.iq/

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Central bank: Iraq overcome the financial crisis and the coming days bode well

The Central Bank of Iraq adviser Walid Idi, that Iraq exceeded the financial crisis, pointing out that the coming days bode well.

He Idi said in a statement that the crisis austerity and fiscal deficit as a result of lower oil prices in the last period has ended, adding that, Iraq will become a country of foreign investment as a result of competing foreign international companies to invest in the reconstruction of liberated cities, and pointed Idi that the entry of foreign Iraq’s companies reflect a positive outlook It will contribute to attracting major countries to rebuild the liberated areas and the holding of joint agreements for investment as well as trade exchange and activate tourism and oil industry.

Read More: http://www.dinarupdates.com/showthread.php?47123-Central-bank-Iraq-overcome-the-financial-crisis-and-the-coming-days-bode-well-3-5

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Dinar Updates – “NEWS TIME” w/BGG & Company – Mar 12th 6:30pm CST – In the DU CHAT Room!!

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BGG (Dinar Guru) –  Article:  “Warnings of severe deterioration of the dinar after the appetite for dollar”   This is an OP ED piece…Opinion of writer only…no guarantee of veracity… the big take-away for me was – the author points out a few things that are HISTORICALLY accurate – then says – IN ESSENCE, you can fix it all with currency reform.  Quote: “…in addition to that some of the citizens and the owners of the money prefer the dollar for the dinar for easy transfer and retention of the fact that the money supply will be less, and that’s what we confirm it previously necessity currency project to delete the zeros of the three of the currency, which he can solve a lot of problems…”  “...CAN – SOLVE – A – LOT – OF – PROBLEMS…”  BOOM!

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Source: Al-Maliki away from the leadership of the party invitation list and give it to “Abadi”

Follow-up / Sky Press … Political source revealed, Sunday, away from the secretary-general of the Dawa Party, Nouri al-Maliki for the leadership of the electoral list of the party and Tukelha Prime Minister Haider al-Abadi because of his deteriorating health.

The source said in an interview I followed “Sky Press,” that “the secretary-general of the Dawa Party, Nouri al-Maliki in poor health is likely that he will be out of the leadership of the electoral list to call, while Point out that entrusted leadership of Prime Minister Haider al-Abadi in case he became their kind of compatibility.

The source added that “Nuri al-Maliki in poor health, according to advice from doctors he must stay away from all Maysbb him tension and stress, noting that” al-Maliki in the process of making a decision to stay away from the noise of the coming elections and appoint these tasks to Linda in the call and was succeeded by the party in the Prime Minister Haider Abadi. ”

The source added that “the financial Sitferg management business advocacy and logistics party in proportion to the health and place.”

Read More: http://www.dinarupdates.com/showthread.php?47124-Maliki-away-from-the-leadership-of-the-party-invitation-list-amp-give-it-to-quot-Abadi-quot

The dollar continues to decline against the Iraqi dinar in local markets

Roudao – Sulaymaniyah – continues to dollar prices of landing in front of the Iraqi dinar, due to visit in supply by the Central Bank of Iraq, part of its policy to raise the value of the dinar.

The correspondent Roudao media network in Sulaimaniya, Shadia Messenger, the exchange rate of US $ 100 price of 125,700 Iraqi dinars, on Sunday, March 5 , 2017, while the price was 125.750 thousand dinars on Saturday.

The news reporter Roudao exchange houses for the owners as saying that the current price of the dollar is not appropriate and does not have to deal in dollars increased in the markets.

The decision of the Finance Committee of the Iraqi parliament, Ahmed Haji Rashid, told the network Roudao media, if the central bank raises $ 160 million a day in the market at a price of 119 thousand dinars at a rate of 5 days a week to raise the value of the dinar, and expected to exchange $ 100 price drop to 122 thousand Iraqi dinars.

Read More: http://www.dinarupdates.com/showthread.php?47127-The-dollar-continues-to-decline-against-the-Iraqi-dinar-in-local-markets-3-5

Iraqi Dinar/Dollar auction 03-09-17 (most recent listing)

Currency Auctions Announcement No. 3398

This daily currency auction was held in the Central Bank of Iraq on the 03-09-2017

The results were as follows:

More: http://dinarupdates.com/observer/

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BGG (Dinar Guru) –   Article:  “Parliamentary Finance’s “approach” to postpone the project to delete the zeros until further notice”  Quote:  “…Finance Committee in the House of Representatives announced the postponement of the project to delete the zeros that was planned years ago to apply until further notice.”   …that almost has the “smack” of her pointing out that this WAS PLANNED – then POSTPONED until further notice.   Which is…accurate…they aren’t saying further notice isn’t tomorrow, next week or next month either.  Why would they be “rehashing” a decision that was put off back in 2012 – right now?  Over a concept that is DIRECTLY germane to their forward economic progress.  In fact…it is a little weird this is coming out now – right near the end of Mosul… or in this “first part of 2017 timeframe” – why now?   I think it’s obvious.

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

Iraq signed a memorandum of understanding with Britain on the loan by 10 billion pounds

Economy News / Baghdad … Iraqi Information Office of the Ministry of Finance, said on Sunday that Baghdad will receive loans worth 10 billion pounds from Britain to finance infrastructure projects. ($12,297,000,000.00 USD -LOOP)

The Iraqi foreign minister, Ibrahim al-Jaafari, has called, in late February, the international community to help his country rebuild operations that accept them after the elimination of al Daesh.

Jaafari said that Iraq needs help in providing humanitarian services areas liberated from al Daesh terrorist, as well as land reclamation and mine removal.

The Iraqi Foreign Ministry expressed the hope that the international community assist Iraq similar project for “Marshall” a project that contributed to the construction of Germany after World War II.

Read More: http://www.dinarupdates.com/showthread.php?47117-Iraq-signed-a-MoU-with-Britain-on-the-loan-by-10-billion-pounds-3-5

Shredd (Dinar Guru) –   Article:  “Central Bank: the financial crisis behind us and the next few days are promising”  Quote:  “Iraq will become a country of foreign investment as a result of competing foreign international companies to invest in the reconstruction after the devastating cities recovered from Daesh.”   This is a great reminder of the wealth Iraq has and the interest from foreign investment. “Iraq will become a country of foreign investment” — that is for sure and as note, that will become a huge part in the rebuilding of the country.  In this same period of time, the stability that is sought by the CBI for their currency reform can then move forward.   …this is not an “If” but a “When” regarding the legal tender, globally accepted dinar to become the primarily used currency of Iraq.  The immense amount of progress in the banking and investment laws, the protections for investors, the banking customer vetting via KYC, the project to remove the zeros and so many more accomplishments all still stand.  None of the progress the CBI and the GOI have made to mature from their past dictatorship have been repealed. Progress has been and continues to be forward.

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

Warnings of severe deterioration of the dinar after the appetite for dollar

BAGHDAD / JD / .. Despite the reassurances launched by the Iraqi government and the central bank about the threats to the country as a result of lower oil prices, the economic crisis, but concerns about the local operation deterioration continues after severe turnout by the citizens and the owners of capital to buy the dollar and Tknezh in their homes, rather than banks.

And see a number of experts and specialists in the financial and banking affairs that this process will confuse the economic situation in the country, considering that the offer will be reduced for the dollar with an increase in demand and thus will lead to a rise in price significantly and this is what will lead to the deterioration of the national process.
He says banking expert Abdul Mohsen Ali, that there is huge demand to buy the dollar, whether by citizens or merchants and owners of capital, prompting the central bank to sell larger amounts in the auction to achieve a balance in supply and demand in the market, but this process may be temporary and processors in if it continues harm the economy certainly, in terms of decline in monetary reserves and the decline of the dinar exchange rate.

He said the agency / KD / This turnout comes for several reasons, including the development of the country unstable security and political and statements by some officials on the financial crisis and much talk about the inability of the government to pay salaries and that may lead to the bankruptcy of the country all these things have created a kind of fear among the citizens not to retain dinar replaced the currency of the dollar, in addition to that some of the citizens and the owners of the money prefer the dollar for the dinar for easy transfer and retention of the fact that the money supply will be less, and that’s what we confirm it previously necessity currency project to delete the zeros of the three of the currency, which he can solve a lot of problems.

He noted that the dollar continued to withdraw from the market will lead to significant economic problems in terms of its high price levels and significant contrast will lead to a decline in the dinar exchange rate and dramatically and this means the deterioration of the national currency and the lack of value.

He called banking expert government and central bank to launch awareness programs and assurances for citizens and encourage them to bid farewell to their money in banks rather than turn it into a dollar and this will refund the benefit of the citizen and the country in general.

And saw the US dollar exchange rate in the recent significant rise in front of the Iraqi dinar even reached more than 131,000 dinars per $ 100, but after the measures taken by the central bank sold the largest dollar amounts in the auction led to a portion of the balance to the principle of supply and demand until it reached the market price of the dollar to 126,000 thousand dinars per 100 Dolar.anthy / 8 /

Read More: http://www.dananernews.com/news?ID=8108

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The following .PDF is the review by RCookie of the IMF board’s publishing of Iraq’s SBA (excellent info) – He would have wanted you all to have it.. posting the whole .PDF was the only way to get it on here. Enjoy. BGG

Robert Cook  CSW  CSS  CBP  CST  CTC

Iraq:

IMF EXECUTIVE BOARD COMPLETES FIRST REVIEW IRAQ’S STAND-BY ARRANGEMENT (45 pages…)

IS leader Baghdadi abandons Mosul fight to field commanders, U.S. and Iraqi sources say

By Isabel Coles, John Walcott and Maher Chmaytelli | MOSUL, IRAQ/WASHINGTON

U.S. and Iraqi officials believe the leader of Islamic State, Abu Bakr al-Baghdadi, has left operational commanders behind with diehard followers to fight the battle of Mosul, and is now hiding out in the desert, focussing mainly on his own survival.
It is impossible to confirm the whereabouts of the Islamic State “caliph”, who declared himself the ruler of all Muslims from Mosul’s Great Mosque after his forces swept through northern Iraq in 2014.

But U.S. and Iraqi intelligence sources say an absence of official communication from the group’s leadership and the loss of territory in Mosul suggest he has abandoned the city, by far the largest population centre his group has ever held.

He has proved to be an elusive target, rarely using communication that can be monitored, and moving constantly, often multiple times in one 24-hour cycle, the sources say.

From their efforts to track him, they believe he hides mostly among sympathetic civilians in familiar desert villages, rather than with fighters in their barracks in urban areas where combat has been under way, the sources say.

ISOLATED

At the height of its power two years ago, Islamic State ruled over millions of people in territory running from northern Syria through towns and villages along the Tigris and Euphrates river valleys to the outskirts of Baghdad in Iraq.

U.S.-backed Iraqi forces began an operation five months ago to recapture Mosul, a city at least four times the size of any other the group has held. The biggest battle in Iraq since the U.S.-led invasion of 2003, it has been slow going, in part because hundreds of thousands of civilians remain in harm’s way.

The 100,000-strong Iraqi force fully captured the eastern half of Mosul in January, and commanders began an operation to cross the Tigris and take the western half last month. Progress has since been steady and the coalition says its victory is now inevitable, which would dismantle the caliphate in Iraq.

The intelligence sources point to a sharp drop in Islamic State postings on social media as evidence that Baghdadi and his circle have become increasingly isolated.

Baghdadi himself has not released a recorded speech since early November, two weeks after the start of the Mosul battle, when he called on his followers to fight the “unbelievers” and “make their blood flow as rivers.”

Since then, sporadic Islamic State statements mention attacks carried out by suicide bombers at various locations in Iraq and Syria, but place no particular emphasis on Mosul, despite the city being the main centre of fighting.

Neither Baghdadi nor any of his close aides released any comment on the fall of the eastern part of the city in January.

The group’s presence on Telegram, a social media network that had become its main platform for announcements and speeches, has tapered off. The coalition estimates that Islamic State activity on Twitter has fallen by 45 percent since 2014, with 360,000 of the group’s Twitter accounts suspended so far and new ones usually shut down within two days.

“GAME IS UP”

In what is likely to be a major symbolic victory for the U.S.-backed Iraqi forces, they are now closing in on the area around Mosul’s Great Mosque on the western bank of the Tigris, where Baghdadi proclaimed his caliphate.

More than half of the 6,000 jihadists left to defend the city have been killed, according to Hisham al-Hashimi, the author of the book “World of Daesh”, who also advises the Iraqi government. Daesh is an Arabic acronym for Islamic State.

U.S. commanders sound upbeat and say the battle for the city is now in a late stage.

“The game is up,” U.S. Air Force Brigadier General Matthew Isler told Reuters at the Qayyara West Airfield south of Mosul, adding that some of Islamic State’s foreign fighters are trying to leave the city.

Those left behind to fight, mostly Iraqis, are putting up a “very hard fight” on the tactical level but they are no longer an integrated force, as coalition air strikes took out command and control centres, car bombs and weapon caches, he said.

“They have lost this fight and what you’re seeing is a delaying action,” he said.

Although the loss of Mosul would effectively end Islamic State’s territorial rule in Iraq, U.S. and Iraqi officials are preparing for the group to go underground and fight an insurgency like the one that followed the U.S.-led invasion.

The “caliphate” as a state structure would end with the capture of Raqqa, its de facto capital in Syria, possibly later this year.

Raqqa is far smaller than Mosul, but mounting operations against Islamic State in Syria has been trickier than in Iraq, because the group’s many Syrian enemies have mostly been pre-occupied fighting among themselves in a civil war since 2011.

Nevertheless, Islamic State has faced setbacks in Syria over the past year against three main foes: U.S.-backed Kurdish and Arab militias, the Russian-backed Syrian army, and mainly Sunni Muslim Syrian rebels backed by Turkey.

The last official report about Baghdadi was from the Iraqi military on Feb. 13. Iraqi F-16s carried out a strike on a house where he was thought to be meeting other commanders, in western Iraq, near the Syrian border, it said.

Baghdadi, an Iraqi whose real name is Ibrahim al-Samarrai, is moving in a remote, mostly-desert stretch populated exclusively by Sunni Arab tribes north of the Euphrates river, according to Hashimi.

The area stretches from the town of Baaj, in northwestern Iraq, to the Syrian border town of Albu Kamal on the Euphrates.

“It’s their historic region, they know the people there and the terrain; food, water and gasoline are easy to get, spies are easier to spot” than in crowded areas, he said.

The U.S. government has had a joint task force to track down Baghdadi which includes special operations forces, the CIA and other U.S. intelligence agencies as well as spy satellites of the National Geospatial Intelligence Agency.

But Baghdadi seems to have learnt the lessons from the 2011 capture and killing of Osama bin Ladin, and relies on multiple couriers and not just one, unlike the al Qaeda founder, say U.S. intelligence sources.

He also switches cars during trips, a lesson learnt from the 2011 drone strike that killed Anwar al-Awlaki, an al Qaeda figure in Yemen.

Baghdadi has not publicly appointed a successor, but Iyad al-Obaidi, also known as Fadel Haifa, a security officer under former dictator Saddam Hussein, is known to be the de facto deputy, according to Iraqi intelligence sources.

More than 40 leading members of the group have been killed in coalition air strikes, but the insurgency is likely to continue even if Mosul is captured and Baghdadi and his aides are killed, according to Iraqi security experts.

“There will be other commanders rising because the structure of the organisation remains,” said Fadhil Abu Ragheef, an Iraqi security expert specialised in IS affairs.

(Reporting by Isabel Coles in Mosul, John Walcott in Washington and Maher Chmaytelli in Baghdad; writing by Maher Chmaytelli; additional reporting by Mohammed el-Sherif in Cairo and Kylie MacLellan in London; Editing by Samia Nakhoul and Peter Graff)

Source: http://uk.reuters.com/article/uk-mideast-crisis-iraq-baghdadi-idUKKBN16F1CG?rpc=401&

Indicative rates – 03.10.2017

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Central bank: Iraq overcome the financial crisis and the coming days bode well

The Central Bank of Iraq adviser Walid Idi, that Iraq exceeded the financial crisis, pointing out that the coming days bode well.

He Idi said in a statement that the crisis austerity and fiscal deficit as a result of lower oil prices in the last period has ended, adding that, Iraq will become a country of foreign investment as a result of competing foreign international companies to invest in the reconstruction of liberated cities, and pointed Idi that the entry of foreign Iraq’s companies reflect a positive outlook It will contribute to attracting major countries to rebuild the liberated areas and the holding of joint agreements for investment as well as trade exchange and activate tourism and oil industry.

Read More: http://www.dinarupdates.com/showthread.php?47123-Central-bank-Iraq-overcome-the-financial-crisis-and-the-coming-days-bode-well-3-5

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Dinar Updates – “NEWS TIME” w/MadDScout & the DU FB Crew – Mar 9th 6:30pm CST – In the DU CHAT Room!!

www.DinarUpdates.com – save as favorite

The secret of freedom lies in educating people, whereas the secret of tyranny is in keeping them ignorant. – Maximilien Robespierre

Loop (Dinar Guru) –   Quote:  Article quote:  “The local market has seen a marked decline in the dollar against the Iraqi dinar and by five thousand dinars to the category of $ 100.”   marked decline by five thousand dinars to the category of $ 100.  That is all it is saying. Not that the exchange rate 5000 dinar to 100 dollars. This is right in line with the CBI’s statement made on Wednesday.  [so what does that mean…?]  It means that the CBI has put a system into place that allows them…control of the stability of the dinar in the market place. This systems removes the middlemen and gives them end to end transparency for all transactions. This is exactly what the IMF wants them to do. Very important move on their part.

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

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Source: Al-Maliki away from the leadership of the party invitation list and give it to “Abadi”

Follow-up / Sky Press … Political source revealed, Sunday, away from the secretary-general of the Dawa Party, Nouri al-Maliki for the leadership of the electoral list of the party and Tukelha Prime Minister Haider al-Abadi because of his deteriorating health.

The source said in an interview I followed “Sky Press,” that “the secretary-general of the Dawa Party, Nouri al-Maliki in poor health is likely that he will be out of the leadership of the electoral list to call, while Point out that entrusted leadership of Prime Minister Haider al-Abadi in case he became their kind of compatibility.

The source added that “Nuri al-Maliki in poor health, according to advice from doctors he must stay away from all Maysbb him tension and stress, noting that” al-Maliki in the process of making a decision to stay away from the noise of the coming elections and appoint these tasks to Linda in the call and was succeeded by the party in the Prime Minister Haider Abadi. ”

The source added that “the financial Sitferg management business advocacy and logistics party in proportion to the health and place.”

Read More: http://www.dinarupdates.com/showthread.php?47124-Maliki-away-from-the-leadership-of-the-party-invitation-list-amp-give-it-to-quot-Abadi-quot

The dollar continues to decline against the Iraqi dinar in local markets

Roudao – Sulaymaniyah – continues to dollar prices of landing in front of the Iraqi dinar, due to visit in supply by the Central Bank of Iraq, part of its policy to raise the value of the dinar.

The correspondent Roudao media network in Sulaimaniya, Shadia Messenger, the exchange rate of US $ 100 price of 125,700 Iraqi dinars, on Sunday, March 5 , 2017, while the price was 125.750 thousand dinars on Saturday.

The news reporter Roudao exchange houses for the owners as saying that the current price of the dollar is not appropriate and does not have to deal in dollars increased in the markets.

The decision of the Finance Committee of the Iraqi parliament, Ahmed Haji Rashid, told the network Roudao media, if the central bank raises $ 160 million a day in the market at a price of 119 thousand dinars at a rate of 5 days a week to raise the value of the dinar, and expected to exchange $ 100 price drop to 122 thousand Iraqi dinars.

Read More: http://www.dinarupdates.com/showthread.php?47127-The-dollar-continues-to-decline-against-the-Iraqi-dinar-in-local-markets-3-5

Iraqi Dinar/Dollar auction 03-07-17 (most recent listing)

Currency Auctions Announcement No. 3396

This daily currency auction was held in the Central Bank of Iraq on the 03-07-2017

The results were as follows:

More: http://dinarupdates.com/observer/

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BGG (Dinar Guru) –   Article:  “Parliamentary Finance’s “approach” to postpone the project to delete the zeros until further notice”  Quote:  “…Finance Committee in the House of Representatives announced the postponement of the project to delete the zeros that was planned years ago to apply until further notice.”   …that almost has the “smack” of her pointing out that this WAS PLANNED – then POSTPONED until further notice.   Which is…accurate…they aren’t saying further notice isn’t tomorrow, next week or next month either.  Why would they be “rehashing” a decision that was put off back in 2012 – right now?  Over a concept that is DIRECTLY germane to their forward economic progress.  In fact…it is a little weird this is coming out now – right near the end of Mosul… or in this “first part of 2017 timeframe” – why now?   I think it’s obvious.

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

Iraq signed a memorandum of understanding with Britain on the loan by 10 billion pounds

Economy News / Baghdad … Iraqi Information Office of the Ministry of Finance, said on Sunday that Baghdad will receive loans worth 10 billion pounds from Britain to finance infrastructure projects. ($12,297,000,000.00 USD -LOOP)

The Iraqi foreign minister, Ibrahim al-Jaafari, has called, in late February, the international community to help his country rebuild operations that accept them after the elimination of al Daesh.

Jaafari said that Iraq needs help in providing humanitarian services areas liberated from al Daesh terrorist, as well as land reclamation and mine removal.

The Iraqi Foreign Ministry expressed the hope that the international community assist Iraq similar project for “Marshall” a project that contributed to the construction of Germany after World War II.

Read More: http://www.dinarupdates.com/showthread.php?47117-Iraq-signed-a-MoU-with-Britain-on-the-loan-by-10-billion-pounds-3-5

Adam Montana (Dinar Guru) –   I mentioned in my weekly…update that I’m getting a bit giddy right now. There’s a good reason for it! We are at a tipping point, and this is going to either make us some money, or we’re going to be walking away soon. Either way, I think all of us will be happy. Either we make out like bandits or we just say “we enjoyed the ride”, right?!  Based on what I’m hearing from my people, I am leaning toward the bright side of it. 

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

Warnings of severe deterioration of the dinar after the appetite for dollar

BAGHDAD / JD / .. Despite the reassurances launched by the Iraqi government and the central bank about the threats to the country as a result of lower oil prices, the economic crisis, but concerns about the local operation deterioration continues after severe turnout by the citizens and the owners of capital to buy the dollar and Tknezh in their homes, rather than banks.

And see a number of experts and specialists in the financial and banking affairs that this process will confuse the economic situation in the country, considering that the offer will be reduced for the dollar with an increase in demand and thus will lead to a rise in price significantly and this is what will lead to the deterioration of the national process.
He says banking expert Abdul Mohsen Ali, that there is huge demand to buy the dollar, whether by citizens or merchants and owners of capital, prompting the central bank to sell larger amounts in the auction to achieve a balance in supply and demand in the market, but this process may be temporary and processors in if it continues harm the economy certainly, in terms of decline in monetary reserves and the decline of the dinar exchange rate.

He said the agency / KD / This turnout comes for several reasons, including the development of the country unstable security and political and statements by some officials on the financial crisis and much talk about the inability of the government to pay salaries and that may lead to the bankruptcy of the country all these things have created a kind of fear among the citizens not to retain dinar replaced the currency of the dollar, in addition to that some of the citizens and the owners of the money prefer the dollar for the dinar for easy transfer and retention of the fact that the money supply will be less, and that’s what we confirm it previously necessity currency project to delete the zeros of the three of the currency, which he can solve a lot of problems.

He noted that the dollar continued to withdraw from the market will lead to significant economic problems in terms of its high price levels and significant contrast will lead to a decline in the dinar exchange rate and dramatically and this means the deterioration of the national currency and the lack of value.

He called banking expert government and central bank to launch awareness programs and assurances for citizens and encourage them to bid farewell to their money in banks rather than turn it into a dollar and this will refund the benefit of the citizen and the country in general.

And saw the US dollar exchange rate in the recent significant rise in front of the Iraqi dinar even reached more than 131,000 dinars per $ 100, but after the measures taken by the central bank sold the largest dollar amounts in the auction led to a portion of the balance to the principle of supply and demand until it reached the market price of the dollar to 126,000 thousand dinars per 100 Dolar.anthy / 8 /

Read More: http://www.dananernews.com/news?ID=8108

______________________________________________________________

The following .PDF is the review by RCookie of the IMF board’s publishing of Iraq’s SBA (excellent info) – He would have wanted you all to have it.. posting the whole .PDF was the only way to get it on here. Enjoy. BGG

Robert Cook  CSW  CSS  CBP  CST  CTC

Iraq:

IMF EXECUTIVE BOARD COMPLETES FIRST REVIEW IRAQ’S STAND-BY ARRANGEMENT (45 pages…)

Interior Minister unveils new strategy to maintain security and stability nationwide, (Details)

East News – Interior Minister Qassim al-Araji, on Sunday, a new strategy to maintain security.

He said in a speech during the opening of the security and defense exhibition in Baghdad, said that ‘there are concerted efforts to restore security and stability in the general areas of Iraq, and we have a new strategy to maintain security we’re working on now.’

Araji said, that ‘strategy involves serious steps to combat terrorism and organized crime and operations of theft and robbery.’

Read more: http://www.dinarupdates.com/showthread.php?47122-Interior-Minister-unveils-new-strategy-to-maintain-security-and-stability-nationwide

Investment wealth deactivated

Economy News / Baghdad … Yasser incumbent: Within the trends of economic reform, which the government adopted the targeting of companies and public and government institutions which have become stalled high-mandated production without any mention.

At a time when the government is seeking to activate the productive sectors and the adoption of domestic production to reduce dependence on imports and narrow the hard currency out, you find on the other hand a significant decline in the performance of institutions and companies that are not of an economic feasibility but only consumer of government revenues.

What is the solution about this phenomenon?

The truth is that the solution lies in giving the Iraqi private sector interest and full support for the promotion of productive sectors, and is known for the private sector that he does not accept the loss but to turn a profit is his obsession to achieve this production abundance and quality in the market balance and breathing.

As part of the government’s attention to this aspect and in order to activate the productive sectors across the Iraqi private sector seminars and foreign year budget has ensured 2017 in Article 14 of the Budget mentioned law the following: ministries and departments not associated with the Ministry is working on the expansion of open your door for investment and partnership with the private sector up to its terms of reference, coupled with approval of the Council of Ministers.

This gesture included in the budget year 2017 is a golden opportunity for the private sector to prove his worth and his ability to manage the economic file next production to the fullest.

This article is also no 14 of the General Budget Law allow for the investment of vast fortunes Off represented public companies that surpass the 200 companies in various disciplines can by investing its production capacity and human make a quantum leap in domestic production, which in turn will address the multiple in the national economy imbalances through moving the market, and the absorption of part of the deadly unemployment, reduce dependence on imports and maintain foreign currency reserves, which goes mostly for the purposes of importation.

Here we have to be concerned authorities begin invoking Article 14 of the general budget for 2017, as they have a significant role in addressing the financial crisis faced by the country’s law.

By contrast, the Iraqi private sector has to move very hard to put pressure on the relevant authorities to invest in these companies in addition to carrying out any private sector partners to creating and attracting foreign investment to ensure the success of the transformation required.

Otherwise there is no solution in sight to the problem of companies that have become a working pressure and weight on the budget for not utilize them the solution lies in either converted into joint stock companies or privatized so economists believe the best solution to it.

Read More: http://www.dinarupdates.com/showthread.php?47118-Investment-wealth-deactivated-3-5

Indicative rates – 03.07.2017

http://www.cbi.iq/

If you found this blog, our website or chats helpful – Forward it to a friend!! We couldn’t do it without you!! Thanks – BGG!!

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Washington plans to lift the ban on the entry of Iraqis

Baghdad / US President Donald Trump is heading to remove Iraq from the list of seven states that ban travel of its citizens to the United States, under pressure from the Ministries of Defense and Foreign Americas.

According to international media, citing US officials, the news confirms that Trump’s decision expected in the next few days on migration and travel, exclude Iraq from the list of banned countries on its citizens traveling to the United States.

Media leaks and confirmed that “it is expected that the US President issued through Thursday or Friday of this week’s decision to ban an executive Second travel to the United States after his decision to eliminate thwarted first by issuing numerous provisions to halt or suspend its implementation.

The news (Associated Press) all officials that “the four officials said the decision expected comes after pressure from the ministries of defense, foreign affairs,” noting that “the two ministries have urged the White House to reconsider the annexation of Iraq to the list because of his leading role in the war on organizing Daesh.”

Read More: http://www.dinarupdates.com/showthread.php?47052-Washington-plans-to-lift-the-ban-on-the-entry-of-Iraqis

Follow us on twitter @DinarUpdates !!

Dinar Updates – “NEWS TIME” w/BGG & Company – Mar 5th 6:30pm CST – In the Dinar Updates CHAT Room!!

www.DinarUpdates.com – save as favorite

The secret of freedom lies in educating people, whereas the secret of tyranny is in keeping them ignorant. – Maximilien Robespierre

BGG (Dinar Guru) –   [I just heard on Fox news that somebody felt it might take a year to get ice is out of Mozel.]  They are HAMMERING AWAY at these guys RIGHT NOW.  This won’t take a year…It won’t take a month…in fact, over the last several days, in spite of HEAVY FIGHTING, there are maps showing the Iraqi regulars holding nearly 20% of the last half of Mosul.  Iraq is hitting ISIS in Syria – CUTTING OFF ROUTES of escape.  This is a “TURKEY SHOOT” about to happen.

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

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After a break of 27 (years) Saudi Arabia is preparing to invest in Iraq

After a break of twenty-seven years, Saudi Arabia expressed their willingness to invest in Iraq during a visit by its foreign minister, Adel al-Jubeir to Baghdad last week. This desire met with greetings by members of the House of Representatives calling on all Arab countries, including Western and extend a helping hand to Iraq.

In this context, MP Nayef al-Shammari, a member of the House of Representatives, that “there is a large mass ratio sustained in Mosul city center, all the bridges and the University of Mosul, hospitals were completely destroyed and we want to have an attitude to the Arabs and the international community to the reconstruction of these areas.”
Foreign Relations Committee, in turn, praised the Saudi tight integration of political and economic relations initiative.

For his part, MP Abbas al-Bayati, a member of the Foreign Relations Committee, welcomed in any country that wants Alasttme, saying: “We welcome any country that wants to invest so it can not be for us to open up politically and economically abstain.”

Observers saw that the visit of the Saudi minister to Baghdad came at a time when Iraq needs a regional and international in its war against Daesh in terms of security cooperation and other assistance related to the economic aspect, the fact that the country is going through a severe economic crisis due to falling oil prices, which depends on it entirely.

Read More: http://www.dinarupdates.com/showthread.php?47062-After-a-break-of-27-Saudi-Arabia-is-preparing-to-invest-in-Iraq

Iraqi Dinar/Dollar auction 03-02-17 (most recent listing)

Currency Auctions Announcement No. 3393

This daily currency auction was held in the Central Bank of Iraq on the 03-02-2017

The results were as follows:

More: http://dinarupdates.com/observer/

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Kaperoni (Dinar Guru) –   Article:  “Commercial layer “parasitic” I run the Americans in Iraq and the balance of the bank continues to decline”   Quote:  “…the current value of the Iraqi dinar is not a real value but a value for the stability and the alternative is a monetary reserves because the government can not afford to float the currency politically.”   IMO, they wouldn’t be talking about it, if it was not the plan.  Soon we can hope the float will start. 

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

Parliamentary Finance’s “approach” to postpone the project to delete the zeros until further notice

BAGHDAD / .. Finance Committee in the House of Representatives announced the postponement of the project to delete the zeros that was planned years ago to apply until further notice.
She said a committee member from the Kurdistan Democratic Party Najiba Najib Ibrahim’s “approach” to the project to delete the zeros based but delayed until further notice.

And Izzat Ibrahim, the reasons for the postponement of the project to the security situation and the unwillingness of the relevant authorities to apply at the moment, but denied knowing in advance of starting the project.

Read More: http://www.dinarupdates.com/showthread.php?47073-Parliamentary-Finance-s-quot-approach-quot-to-postpone-the-project-to-delete-the-zeros-until

BGG ~ I commented on this in the Chat Room (copied in the Chat Logs) tonite…

Regarding this article – this sounds much more like a commentary on what has happened in the past. What WAS PLANNED – then POSTPONED until further notice. Which is accurate.

However, they aren’t saying further notice isn’t tomorrow, next week or next month either.

In fact… it is a little weird this is coming out now – right near the end of Mosul… or in this “first part of 2017 time-frame” – why now??

What is she really trying to say?? What are we missing??

I think it’s obvious.

Why would they be “rehashing” a decision that was put off back in 2012 – right now??

Over a concept that is DIRECTLY germaine to their forward economic progress.

tlm724 (Dinar Guru) –   Article:  “The Ministry of Commerce held a conference last week that “trade policy and economic reform” with broad participation and the presence of specialists in the economy.”  [What is your take on this…  Quote:  “…the current value of the Iraqi dinar is not a real value but a value for the stability and the alternative is a monetary reserves because the government can not afford to float the currency politically.”]  I think when it says “the government can not afford to float the currency politically” they are right. Politically here is no Minister of Finance and the CBI governor is a Bozo, that is some serious instability if you ask me.  We all know the dinar is grossly undervalued and the reserves are down because Iraq is just now graduating from the Economic’s 101 class.  They are making great progress with the electronic system which is very encouraging. Without that piece of the puzzle we would have little hope!  They need liquidity badly and the only way they are going to get peoples money is to make those deposit’s insured. That is what I am looking for next!

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

Central Bank: the new currency of sale system to reduce the dollar exchange rate

Baghdad balances News – The Central Bank of Iraq, on Wednesday, for clarification on the decline in the dollar exchange rate against the Iraqi dinar, attributing the cause to the implementation of the new system applied to window selling foreign currency.

According to a statement of the bank received / balances News / copy of it, “Implementation of the new system, the application window to sell foreign currency in the bank led to a marked decline in the exchange rate of the dollar against the Iraqi dinar.”

He added: “Where the new system removed the middlemen and hackers by changing requirements and actions toward simplification and transparency in the sale of foreign currency window operations, as the new system provides for a window competition between banks on the basis of the extent of compliance with the rules to combat money laundering and terrorist financing.”

The bank, according to the statement, that “the new system’s success and cooperation with the Iraqi banks are encouraged to take additional measures that the legitimate demand for the dollar to cover, all the way to the target through the implementation of programs and new standards and rules check the clarity and transparency of these operations the price.”

The statement said, “This bank indicates that control of the exchange rates in light of the challenges of economic, financial and security situations are recorded monetary policy success in absorbing large shocks to Iraq, will have to improve oil prices and the elimination of al Daesh terrorist significant impact in supporting the country’s financial situation , thus relieving the pressure on monetary policy and to allow them the opportunity to achieve greater monetary stability to this country, “.anthy 29 / a 43

Read More: http://www.dinarupdates.com/showthread.php?47020-Central-Bank-the-new-currency-of-sale-system-to-reduce-the-dollar-exchange-rate-3-1

______________________________________________________________

The following .PDF is the review by RCookie of the IMF board’s publishing of Iraq’s SBA (excellent info) – He would have wanted you all to have it.. posting the whole .PDF was the only way to get it on here. Enjoy. BGG

Robert Cook  CSW  CSS  CBP  CST  CTC

Iraq:

IMF EXECUTIVE BOARD COMPLETES FIRST REVIEW IRAQ’S STAND-BY ARRANGEMENT (45 pages…)

Economy News / Baghdad … The CBI has issued a press statement in which he explained that the slight decline in the dollar against the Aldenarabraghi it causes Alryise PROCEDURES AND ORGANIZATIONAL new used to regulate the sale of Currency window and curtail the role of middlemen and speculators as well as the commitment of the private banks and their cooperation with the Central Bank of cushions and the role played by the Association of Banks He urged the Iraqi special departments of banks on the need to support the orientations of the central bank at the service of the national economy and harnessing the potential of the private banks in the central purpose of which is to work on the recovery of the Iraqi dinar and raise its value and cash Acharayah against the dollar Alammeraki.oho Mainsjm.

It is popular and economic street now and what is going on now of discussions and interactions of political, security and humanitarian in the Council of Ministers and the House of Representatives and stakeholders is the subject of liberalization of Mosul, and what are the visions and attitudes after the decisive victory and the liberation of all occupied lands and the impacts on the reality of Iraq for the time being it is how to bypass security, economic and financial its crisis afflicting more than two years because of falling oil prices on the world market and the costs of the war on terror. In addition, and this is important, the lack of an economic approach to economic and a clear strategy features and goals and not to involve the private sector in managing the economy and the weakness of support and assistance for his contribution to the diversification of non-oil budget resources and the transition to the economy of rent-seeking to Alantaaja.

That we’re interested in all of this is what are (the vision for economic reform after liberation and the expulsion of terrorism Nhayaa) in terms of coordination between the two policies, monetary and financial Alstrh on the market balance of cash and achieve the goal of recovery of the Iraqi dinar and its impact on economic reform and thus diversify the resources in the budget and take advantage of loans and grants and international aid in the reconstruction of cities liberated and activating and stimulating the banking and production and promote private sector to contribute with the government in the implementation of their plans as well as the rehabilitation of human resources in the removal of the effects of the war on terror and the fall in world oil prices and the suffering of the government and the people displaced from the crisis and optimization of variables and openness in the Arab and international relations towards Alrac after the certainty that he should get out of Iraq out of its crisis and economic security complex and the study of the reality of the Iraqi economy during the years (2014-2016) as well as a strategy and the vision of new economic economic reform for the next five years beyond the liberation of all occupied lands, and specifically for the years (2017-2021) taking into account expectations of higher oil prices during the second half of 2017 and see it to be a comprehensive vision of reform and financial Alaguensada next phase as follows:

1. Allocation of 50 percent of the assignments was to monitor the costs of the war on terrorism for the purposes of the reconstruction of liberated areas in addition to the allocations reconstruction fund allocated to international and grants for this purpose.

2. Establish a body or a large enterprise competent for financing small and medium enterprises and the formation of banking system of cooperation and coordination with them under the supervision of the Central Bank and the Association of Banks in collaboration with the Ministries of Planning and Development Cooperation, Agriculture, Industry and Finance to lay the foundations and operational mechanisms for application in the liberated provinces to achieve the goal of Youth Rehabilitation and especially graduates of them the sons of these provinces to establish small and medium-economic projects to convert them to the producers of the unemployed and turning them from hopeless to the researchers hope their contribution in building the national economy.

3. Allocation of funds from the International Monetary and banks and financial institutions will get Iraq for the next three years for the establishment of industrial zones and supporting the large contribution of the private sector and the agricultural projects of young graduates to diversify non-oil resources fund loans.

4. Reconsider the laws of the legislative environment governing the economic process, particularly investment banks and the central bank and stock market laws and registration of companies, including helping to lending operations tax and settling accounts and guarantees required from entrepreneurs and the mechanism for the payment of their dues.

5. Development and activation and implementation of the government’s plans in e-government applications and electronic pre-emptive censorship and that limit the operations of financial and administrative corruption.

6. Activation of the Council of Ministers’ decision to establish a deposit insurance company, which was the goal of its founding restore public confidence in the trust sector, the Iraqi banking and increase the savings rate among banks rather than compactness in their homes, and their impacts on the contribution of funds of citizens in sustainable development that is to urge and compel the government and private banks contribute to this company.

7. Restore the structural and institutional reconstruction of the economy development of the foundations and infrastructure for the management of the economy which is the Supreme Council for economic reform and approval of the draft law submitted three years ago and did not approve of the House of Representatives and the establishment of the National Provident Fund or the sovereign Provident Fund to pool resources in non-oil and oil surplus to the planned selling prices rates annual budgets as well as the establishment of the national Commission for decades, investment and trade and the withdrawal of all contractual powers vested in the ministries.

8. Establishment of the National Council for reconstruction instead of the current Housing Fund and the reconstruction of liberated cities and Daesh The feasibility study for all large investment projects and infrastructure projects submitted by the provinces and monitor its allocations and the reviewing and monitoring and evaluation.

9. Establishment of the National Center for Rehabilitation and distribution of human resources and specializes in the rehabilitation and training of graduates and deployed to rehabilitation centers and training of government and private pre-appointed central to the country’s ministries and private sector projects, according to the requirements of economic development plan and budget 10-founding of the National Center for Consulting and Strategic Studies to attract all the talent and expertise of Iraq at home and abroad for the purpose of providing the governmental institutions and the private sector leadership of the administrative and technical (Techno Hippocrates) to manage all state institutions without quotas and consensual.

Read More: http://www.dinarupdates.com/showthread.php?47047-Vision-that-the-economic-recovery-in-the-post-Iraqi-dinar-3-2

Indicative rates – 03.04.2017

http://www.cbi.iq/

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Elements Daesh surrender near the government compound

BAGHDAD / Sky Press – A security source in Nineveh province, on Tuesday, the six members of the organization Daesh surrendered to security forces near the government compound.

The source said that six members of the organization Daesh surrendered to military cuts near the government complex in the right coast of the city of Mosul.

The source, who requested anonymity, that Daesh elements who surrendered all of whom hold Iraqi citizenship and joined the organization during the period of his stay in Mosul.

The Commander in Chief of the Armed Forces announced on 19 of this month the launch of military operations by editing the right coast from the grip of the organization Daesh.

Read More: http://www.dinarupdates.com/showthread.php?46993-Elements-Daesh-surrender-near-the-government-compound-2-28

BGG ~ This is what defeat looks like… 

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The right to be heard does not automatically include the right to be taken seriously. – Hubert Humphrey

BGG (Dinar Guru) –   [I just heard on Fox news that somebody felt it might take a year to get ice is out of Mozel.]  They are HAMMERING AWAY at these guys RIGHT NOW.  This won’t take a year…It won’t take a month…in fact, over the last several days, in spite of HEAVY FIGHTING, there are maps showing the Iraqi regulars holding nearly 20% of the last half of Mosul.  Iraq is hitting ISIS in Syria – CUTTING OFF ROUTES of escape.  This is a “TURKEY SHOOT” about to happen.

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

Khalifa Daesh admits defeat and called for his supporters to “disguise and escape.”

Leaders in Mosul and Tal Afar fled towards Syrian territory

Iraq – Daesh Khalifa Abu Bakr al-Baghdadi acknowledged in a letter addressed to his supporters in the areas they control, the defeat of the organization in the battles against him.

Al-Baghdadi, according to a local source in the province of Nineveh (Mosul position), the face of a speech to his supporters calling for the “stealthy and flee” to the mountain regions.

The source said that al-Baghdadi, the face of a speech called “farewell speech” to those close to him and distributed them to the speakers to explain what is going through the organization. Adding that the preachers are starting to talk about defeats starboard by the organization in Nineveh and other areas.

And according to the source, the sermon also included instructions to the members of the organization that blow themselves up when surrounded by Iraqi forces. Stressing saying that the leaders of the so-called “Mujahideen Shura Council,” all of whom fled from Nineveh and Tal Afar towards Syrian territory, indicating that the prominent leaders of al-Baghdadi, moving close to the border between Iraq and Syria.

Baghdadi speech coincides with defeats starboard by the organization in Mosul and the entry of the joint Iraqi troops alive right coast of the city and near the control of the government compound, while cut off the road between Mosul and Tal Afar, and are controlled by a firearm.

Read More: http://www.dinarupdates.com/showthread.php?47022-Khalifa-Daesh-admits-defeat-and-called-for-his-supporters-to-quot-disguise-and-escape-quot&p=170402#post170402

Would you invest in Iraq?

Iraqi Dinar/Dollar auction 03-01-17 (most recent listing)

Currency Auctions Announcement No. 3392

This daily currency auction was held in the Central Bank of Iraq on the 03-01-2017

The results were as follows:

More: http://dinarupdates.com/observer/

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

Kaperoni (Dinar Guru) –   Article:  “Commercial layer “parasitic” I run the Americans in Iraq and the balance of the bank continues to decline”   Quote:  “…the current value of the Iraqi dinar is not a real value but a value for the stability and the alternative is a monetary reserves because the government can not afford to float the currency politically.”   IMO, they wouldn’t be talking about it, if it was not the plan.  Soon we can hope the float will start. 

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

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Central Bank: the new currency of sale system to reduce the dollar exchange rate

Baghdad balances News – The Central Bank of Iraq, on Wednesday, for clarification on the decline in the dollar exchange rate against the Iraqi dinar, attributing the cause to the implementation of the new system applied to window selling foreign currency.

According to a statement of the bank received / balances News / copy of it, “Implementation of the new system, the application window to sell foreign currency in the bank led to a marked decline in the exchange rate of the dollar against the Iraqi dinar.”

He added: “Where the new system removed the middlemen and hackers by changing requirements and actions toward simplification and transparency in the sale of foreign currency window operations, as the new system provides for a window competition between banks on the basis of the extent of compliance with the rules to combat money laundering and terrorist financing.”

The bank, according to the statement, that “the new system’s success and cooperation with the Iraqi banks are encouraged to take additional measures that the legitimate demand for the dollar to cover, all the way to the target through the implementation of programs and new standards and rules check the clarity and transparency of these operations the price.”

The statement said, “This bank indicates that control of the exchange rates in light of the challenges of economic, financial and security situations are recorded monetary policy success in absorbing large shocks to Iraq, will have to improve oil prices and the elimination of al Daesh terrorist significant impact in supporting the country’s financial situation , thus relieving the pressure on monetary policy and to allow them the opportunity to achieve greater monetary stability to this country, “.anthy 29 / a 43

Read More: http://www.dinarupdates.com/showthread.php?47020-Central-Bank-the-new-currency-of-sale-system-to-reduce-the-dollar-exchange-rate-3-1

tlm724 (Dinar Guru) –   Article:  “The Ministry of Commerce held a conference last week that “trade policy and economic reform” with broad participation and the presence of specialists in the economy.”  [What is your take on this…  Quote:  “…the current value of the Iraqi dinar is not a real value but a value for the stability and the alternative is a monetary reserves because the government can not afford to float the currency politically.”]  I think when it says “the government can not afford to float the currency politically” they are right. Politically here is no Minister of Finance and the CBI governor is a Bozo, that is some serious instability if you ask me.  We all know the dinar is grossly undervalued and the reserves are down because Iraq is just now graduating from the Economic’s 101 class.  They are making great progress with the electronic system which is very encouraging. Without that piece of the puzzle we would have little hope!  They need liquidity badly and the only way they are going to get peoples money is to make those deposit’s insured. That is what I am looking for next!

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

Baghdadi admits defeat Daesh in Mosul

BAGHDAD – The Journal News – Acknowledged leader of the “Daesh” terrorist Abu Bakr al-Baghdadi, in a letter addressed to his supporters today in the areas under their control, the organization acknowledged the defeat in the recent fighting.

He revealed a local source in Nineveh province, according to the website Russia Today “that the leader of the” Daesh “Abu Bakr al-Baghdadi, the face of a speech to his supporters in which elements of the organization called for a” stealthy and flee “to the mountain regions.

The source said that al-Baghdadi, the face of a speech he called “his farewell” to those close to him and distributed them to the speakers to explain what is going through the organization, adding that the preachers are starting to talk about defeats starboard by the organization in Nineveh and other areas.

The source pointed out that the speech also included instructions to the members of the organization that blow themselves up when surrounded by Iraqi forces.

The source continued, “The leaders of the so-called” Mujahideen Shura Council, “all of whom fled from Nineveh and Tal Afar towards Syrian territory, indicating that the prominent leaders of al-Baghdadi, moving close to the border between Iraq and Syria.”

Read More: http://www.dinarupdates.com/showthread.php?47000-Baghdadi-admits-defeat-Daesh-in-Mosul-2-28

______________________________________________________________

The following .PDF is the review by RCookie of the IMF board’s publishing of Iraq’s SBA (excellent info) – He would have wanted you all to have it.. posting the whole .PDF was the only way to get it on here. Enjoy. BGG

Robert Cook  CSW  CSS  CBP  CST  CTC

Iraq:

IMF EXECUTIVE BOARD COMPLETES FIRST REVIEW IRAQ’S STAND-BY ARRANGEMENT (45 pages…)

Adoption of specialized international companies for the rehabilitation of local expertise

BAGHDAD / Hussein Tgb – More is known about attracting capital and advanced technology requirements of an urgent need to revitalize the real job market in Iraq , which has an ideal opportunity for all international companies, but under the conditions of crisis it.

Global effort with the developed According to experts needs to be a reputable financial institutions have the expertise that carry international certificates recognized confirms possession of these institutions for the best experience and the ability to provide services that fit the workload and keep pace with global developments and shrinking the gap between Iraq and the world.

Financial Advisor to the Prime Minister Dr. The appearance of Mohammed Saleh stressed the need to open up to the specialized rehabilitation of local expertise that add high levels of expertise enable organizations to be the focus of the world ‘s faith at all levels of international companies.

He pointed to the importance of being in Iraq experiences carry important testimony from the top five training institutions in the world in the forefront of any ACAMS, Microsoft and KPMG and other terms of equivalent training in her testimony Harvodalaalmih University.

Saleh said that the world is constantly evolving and has become an international gap between Iraq and the international surroundings even in the training curriculum, pointing out that the rapid developments difficult to keep pace , but through the rapid training sessions larger institutions under the supervision of, and we find it offere that trains local competencies in the biggest specialized in the financial sector institutions which is the real axis of the starting of the development process and recommend extending it .

The 27 percent of the jobs that were chock in the seventies of the last century , has now disappeared in developed countries, including the United States of America.

Keep up with new expert International Training Ali Mohammed Jawad said that the world is racing to develop human capabilities to keep up with their role in the new in all fields, pointing out that the advancement of competencies is all the institutions of the forms , the risks, particularly in the financial institutions. He pointed out that our experiences with leading global companies showed that the current work contexts and the criteria for selecting the country that approaches it classified as investment companies adopt the evolution of the financial sector and the extent to which Imitklh of certificates of the best specialized institutions.

He noted that the field of money Iraq began earning his staff of international experience through certificates obtained from the institution of any global infidel specialized preparation competencies, develop and give a certificate to the employee that exceeds the tests on the high degree of accuracy in the areas of money laundering and diversion terrorism after the sessions organized for this matter.

He said the need for this institution looked after the events of September 11 to curb the financing of terrorism and money laundering and introduced accredited anti – laundering specialists Association money that began to enter Iraq Abraltaaon with the Iraqi private banks association and the supervision of the Central Bank of Iraq.

Jawad importance of preparing the importance of competent staff member said, because it is not natural to consider the employee that all cases of deposit and open – laundering accounts but to be precise specialization in this area and shall have the possibility in the diagnosis of cases that are surrounded by suspicions, pointing out that the ongoing central supervision sessions Association began creating these competencies.

He said that through the sessions pointed out that the Iraqi competencies younger respond quickly to put the systems and new information and this is a positive thing can Iraq from the financial sector to develop gradually to be a contender in the competencies and products regional and international banks, pointing to a great reaction from the coaches and participants.

He urged the importance of preparing young expertise in the areas that must communicate with global developments, where the need for participation of the new two sessions annually to see that occurring in the financial sector, where international investment effort looks at the extent to which the financial sector to international certifications manages the Financial Action Task Force in the country.

Turn between the Executive Director of the Association of Iraqi private banks Ali Tariq The Association recognizes the importance of developing the working experiences of public money and private sector and has become our understandings with the best international financial institutions, pointing out that the cycles that regulate the issues the task under the supervision of the Central Bank of Iraq and, most recently concluded at the end of last week , in collaboration with ACAMS any institution.

Tariq pointed out that continuous training courses and plans implemented a monthly basis according to the program and there was a clear reaction from the banks with the training curriculum.

Read More: http://www.dinarupdates.com/showthread.php?46887-Adoption-of-specialized-international-companies-for-the-rehabilitation-of-expertise
______________________________________________________________

Indicative rates – 03.01.2017

http://www.cbi.iq/

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

Elements Daesh surrender near the government compound

BAGHDAD / Sky Press – A security source in Nineveh province, on Tuesday, the six members of the organization Daesh surrendered to security forces near the government compound.

The source said that six members of the organization Daesh surrendered to military cuts near the government complex in the right coast of the city of Mosul.

The source, who requested anonymity, that Daesh elements who surrendered all of whom hold Iraqi citizenship and joined the organization during the period of his stay in Mosul.

The Commander in Chief of the Armed Forces announced on 19 of this month the launch of military operations by editing the right coast from the grip of the organization Daesh.

Read More: http://www.dinarupdates.com/showthread.php?46993-Elements-Daesh-surrender-near-the-government-compound-2-28

BGG ~ This is what defeat looks like… 

A Dinar Round Table Call
“with the whole DU Crew!!”
Wed nite – Mar 1st 7:00pm CST
641-715-3640 pin#528733
or Click-N-Listen!!

from Feb 21st – Smart phone user link – Click here

The right to be heard does not automatically include the right to be taken seriously. – Hubert Humphrey

BGG (Dinar Guru) –   [I just heard on Fox news that somebody felt it might take a year to get ice is out of Mozel.]  They are HAMMERING AWAY at these guys RIGHT NOW.  This won’t take a year…It won’t take a month…in fact, over the last several days, in spite of HEAVY FIGHTING, there are maps showing the Iraqi regulars holding nearly 20% of the last half of Mosul.  Iraq is hitting ISIS in Syria – CUTTING OFF ROUTES of escape.  This is a “TURKEY SHOOT” about to happen.

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

Iraq plans offshore oil and gas exploration to boost reserves

Iraq is planning to start offshore oil and gas exploration to boost the OPEC nation’s reserves, Oil Minister Jabar al-Luaibi said in a statement on Monday.

Luaibi said he “gave guidance to the Oil Exploration Company about the importance of exploring territorial waters to assess the hydrocarbons reserves and to boost Iraq’s capacity”.

Iraq last week announced an increase in its oil reserves to 153 billion barrels from a previous estimate of 143 billion barrels.

Iraq has boosted output rapidly in recent years with the help of foreign oil companies to become OPEC’s second-largest producer behind Saudi Arabia.

It agreed at the end of November to take part in an OPEC agreement to cut global supply to help to lift oil prices.

Read more: http://www.dinarupdates.com/showthread.php?46950-Iraq-plans-offshore-oil-and-gas-exploration-to-boost-reserves&p=170298#post170298

Would you invest in Iraq?

Iraqi Dinar/Dollar auction 02-28-17 (most recent listing)

Currency Auctions Announcement No. 3391

This daily currency auction was held in the Central Bank of Iraq on the 02-28-2017

The results were as follows:

More: http://dinarupdates.com/observer/

Here is the link to join the Dinar Updates “private” FaceBook Group…

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

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

Kaperoni (Dinar Guru) –   Article:  “Commercial layer “parasitic” I run the Americans in Iraq and the balance of the bank continues to decline”   Quote:  “…the current value of the Iraqi dinar is not a real value but a value for the stability and the alternative is a monetary reserves because the government can not afford to float the currency politically.”   IMO, they wouldn’t be talking about it, if it was not the plan.  Soon we can hope the float will start. 

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

Follow us on twitter @DinarUpdates !!

Dinar Updates – “NEWS TIME” w/the DU FaceBook Crew – Mar 2nd 6:30pm CST – In the Dinar Updates CHAT Room!!

www.DinarUpdates.com – save as favorite

Iraqi Stock Exchange is looking forward to new laws to operate locally and globally launched

Baghdad / Zahra al-Jassem – Digital Panel abuzz with various colors and accounts rapidly, has stuck to glance necks and eyes Mitrqubh in a medium – sized trading hall transparent barrier separates it from trading companies offices inside.

This concise picture of the Iraqi Stock Exchange (KSE) , which is packed with elderly men and record attendance rarely women. This market traded started manually after the change in 2003, is limited to the participation of shares of only 15 companies, before he knew the electronic trading system for the first time in 2009, a jump of trading the indices by 50%, and is open to foreign investors is also in the year 2017. The Iraqi Stock Exchange , like every other bourse, digital world does not care about non – financial secrets though thrones crumbled, but not lulled to rest only when the curtain falls , announcing the end of the presentation.

Shareholders was still in this market, are skeptical about the possibility to compete with their counterparts in the countries of the region, especially the Gulf bourses, despite the achieved increase in the trading session in the year 2016 compared to previous years, but they are also aware of the great challenges they face in this market because of the difficult security and economic conditions experienced by the country, and we look forward to not to amend existing laws or the enactment of new laws to support the economy, according to experts see in the trading affairs.

Khalil Mozan, which is a shareholder in the Iraq Stock Exchange, confirms (range), that the Iraqi Stock Exchange even though it seeks to put the largest number of shares traded and access to advanced stages of the profits, but there are a lot of installations of mixed private and public sectors, not offer its shares in the Iraqi stock Exchange, due to lack of a culture of mistrust and dealing the stock market, which seems clearly, was skeptical at the possibility that the Iraqi stock Exchange compete Gulf bourses because of the situation that prevailed in the country and the region.

Attention Mozan, noted that with the imminent opening of Erbil Stock Exchange, “There should be exchange in the south .. to be in Basra, for example, being a big city economic size,” he adds , “there must be a balance of the financial deal in the Iraqi stock exchange.”

It seems that the situation is different Gamal Abdel Latif has, another shareholder in the stock market, as it believes that the fear among the shareholders of the Iraqi stock market is not great, as it exists in the global stock markets, following the saying, “We are monitoring the market on a daily basis and look forward to the rise and decline in the stock, we have no fear, as most of the companies in the open market dealings, in the sense that their work is known to us, so the ups and drop is not alarming. ”

While watching Abdul Latif digital painting within the market confirms (range), said that the failure of Iraq to link global markets and is not affected by the Baghdad Stock Exchange directly what is going on in the world, makes the risks a bit, “but also the decline in any stock will create certainly a big concern when some shareholders “, and hits for example , by saying , ” when the Warka Bank went out of circulation because of the sudden imposition of trusteeship by the central bank, it may cause many of the shareholders a real disaster, and some even suffered a heart attack crippled the mattress. ”

On the other hand, notes the executive director of the Market Iraqi securities, Taha Ahmed Abdul Salam, in an interview with the (range) to the market continues to trade strongly despite the security circumstances surrounding Iraq since 2003 to date, noting that there are 30 investment funds with foreigners at the moment while there is no Iraqi investment funds.

Says Abdul Salam, said the market index began to rise year – end 2016, in terms of trading volume reached trillion dinars, the largest over the past years, adding that trading indicators jumped to 50% after the use of the electronic system, however , the number of listed companies is not commensurate with the size of output national product, but trading through the electronic system will be streamlined, while emphasizing the importance of being the establishment of a new joint stock companies ,.

Market action, Abdul Salam notes, that is the biggest banking companies in the stock market, where the share of banks to 65% of the number of listed shares, which believes that banks need to expand in their work, especially after committing the central bank has introduced shares, noting, with six banks waiting for insertion in the market and other refrained from listing on the market for fear of disclosure.

Financial and competent expert on stock trading Sabah Abdul Haq, says in an interview (range), that there are many obstacles facing the Iraqi Stock Exchange offers, including slow economic growth in the country, as well as not to amend a number of laws that support the economy as a law of capital market and the law of the tariff, in addition to the absence of necessary economic legislation, as a law to protect the product and the law regulating the work of the companies, which are the laws of cause absence of significant migration of capital, became the economic environment in Iraq repellent for investment, which has embarrassed at certain times of the trading volume in the Iraqi stock Exchange, as says Abdul Haq.

Following the financial expert said, that the security and political crises faced by the country at the moment, is the other had a significant and obvious impact on the low level of trading in the Iraqi Stock Exchange, also it caused fear for some international companies to enter the Iraqi Stock Exchange.

The date of the work in the Iraq Stock Exchange, to the early nineties of the last century, where it was called the Baghdad Stock Exchange ‘s name, and was run by the Iraqi Ministry of Finance at the time, and after 2003 the stock market was closed, but she returned and opened its doors again after the enactment of Law 74 of 2004, under the name “Iraq stock Exchange , ” which is run by the Securities Commission.

Organization Foundation market is self – regulated independent administratively and financially, not- for- profit and owned by members, and managed by a Board of Governors, and the right to own movable and immovable property, and including real estate, is also committed to the instructions of the Securities Commission in accordance with the law of the temporary securities.

Read More: http://www.dinarupdates.com/showthread.php?46937-ISX-is-looking-forward-to-new-laws-to-operate-locally-and-globally-launched

tlm724 (Dinar Guru) –   Article:  “The Ministry of Commerce held a conference last week that “trade policy and economic reform” with broad participation and the presence of specialists in the economy.”  [What is your take on this…  Quote:  “…the current value of the Iraqi dinar is not a real value but a value for the stability and the alternative is a monetary reserves because the government can not afford to float the currency politically.”]  I think when it says “the government can not afford to float the currency politically” they are right. Politically here is no Minister of Finance and the CBI governor is a Bozo, that is some serious instability if you ask me.  We all know the dinar is grossly undervalued and the reserves are down because Iraq is just now graduating from the Economic’s 101 class.  They are making great progress with the electronic system which is very encouraging. Without that piece of the puzzle we would have little hope!  They need liquidity badly and the only way they are going to get peoples money is to make those deposit’s insured. That is what I am looking for next!

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

Our troops begin storming the largest right side neighborhoods

BAGHDAD / morning of Mosul / Sunrise Maher began our forces in various different forms on Sunday to storm the biggest revival of the right side (Mansour) after the liberation of the safe neighborhood Balkamil.aota this at a time when managed pieces Armored Division ninth Band – Abbas (AS) fighting to finish clearing the Yarmouk power station which nourishing energy President in Mosul.

Edit safe neighborhood was declared operational commander (coming, Nineveh) Lt. Gen. Abdul Amir Yar God yesterday that appeared «anti – terrorism device troops completed the liberation completely safe neighborhood, the first revival of the right coast adjacent to the point of northwest camp Ghazlani which was imposed to control it and the airport Mosul international next to him two days before ».

He pointed out that « the machine forces were embarked on the progress process directions several as it continues to penetrate and cleanse the valley adjacent to the north of Camp Ghazlani stone neighborhood where he was able during the progress of the destruction of five wheels bomb and another carrying a machine-gun and a motorcycle and detonate 34 explosive device killed a number of terrorists and destroying mortar Mffersta» .

Break into other neighborhoods also noted the team Yar God, that cuts the federal police and the Task rapid reaction continues to break into the process and clearing Jawasaq overlooking the bank of the Tigris neighborhoods adjacent Aviation Airport Mosul and managed through the offer of the destruction of two wheels bombs and detonating suicide vests and seizing a number of weapons and ammunition and detonating 10 explosive devices, killing a number of terrorists and the destruction of the wheel carrying a machine-gun and the dismantling of two houses Mfajgen.

Yar God He said the cuts Armored Division ninth Band – Abbas (AS) combat were able to complete the cleansing Yarmouk power station , which is nutritious president of energy in Mosul and continue the process of clearing Tlul thirsty and secure the western side of the counter – terrorism forces and continue the progress , where two wheels bombs destroyed and another carrying gunmen and blew 30 of an explosive device and killed a number of terrorists, pointing out that the progress troops were entrusting air cover effectively by the air force and army Aviation and the international coalition aircraft march, and led sorties combat the destruction of a large number of enemy equipment and kill a lot of Aldoaash.

The news correspondent «morning» Captain in the federal police forces Karim Jamal confirmed the killing of three of the most prominent snipers Daesh Russian citizenship , one of them in the neighborhood of Wadi Hajar , according to intelligence information from residents of the neighborhood stating that these snipers were deployed on the roofs of government and commercial buildings, while advancing forces found 4 weapons and ammunition stores and mortar bombs belonging to Doaash into Wadi Hajar neighborhood, killing five guards these stores.

While the field commander for the detection of four Doaash surrendered to the forces fighting terrorism in the neighborhood of Wadi Hajar, after the flight of most of their leaders and their inability to cope with troops being trapped from all sides, pointing out that the criminals Daesh they could not , and since the start of the Battle of the right coast of the face developed the pieces and so for many reasons , the most prominent of their leaders escape and run out of ammunition , and no communications with each other .

Keeping the entrance of Mosul , the president , in turn, told Dean in the federal police forces Aziz al – Araji in an interview with our correspondent, that «our forces imposed yesterday morning control entirely on President Street to the entrance of Mosul , on the one hand the road from Baghdad after clashes that killed about 20 of the most prominent leaders of Daesh including two suicide bombers , in addition to seven of the terrorists Daesh militants were arrested during their presence in the shops within the same street before fleeing ».

He added that « the security forces stormed the al – Mansour neighborhood , one of the biggest revival of the right coast and is adjacent to a safe neighborhood editor, and that these forces keen to open safe corridors to exit families».

He also pointed out that « the federal police forces completed the imposition of completely control over Aharakiet adjacent area to the West of the Tigris south coast right which is the largest site for refining and smuggling of oil , which was acquired by Daesh gangs and prevent civilian access to it, reaching these forces to the entrance of the fourth bridge, after killing 16 of the most prominent leaders of these gangs », warning that« anti – terrorism forces , which involved fighting able to control the entrance to the fourth from the south bank of the bridge and the troops are now deployed at the intersections of the bridge link between the coasts of the left and right , which is the first bridge is under control it from several directions » .

Arrest terrorists Turks also confirmed Brigadier General in command of joint operations Mohammed al – Jubouri »Sabah» that anti – terrorism forces arrested yesterday 30 of the leaders of the gangs Daesh including military and security officials from Arab and foreign nationalities while trying to escape from Mosul Right Coast cards personal forged.

People crowd emphatically and on the achievements of the remarkable forces Authority popular crowd, said a statement of the body that « the engineering effort of the crowd completed the creation of mounds and building fortifications in the villages and areas that have been edited during the past four days within boycotted the ongoing liberalization east and west of Tal Afar regions of operations, as well as to continue to dismantle IEDs and mined houses were dismantled more than 327 explosive devices and more than 45 homes ».

For his part, the leader of the popular crowd , Sami al – Masoudi «kill the so – called ( the commander of the elite forces Bdaash) on the outskirts of Tal Afar , process quality carried out by Hezbollah Brigades hard intelligence high , which led to an outbreak of panic among criminal gangs and cause the occurrence of a state of retreat and withdrawal have».

Read More: http://www.dinarupdates.com/showthread.php?46936-Our-troops-begin-storming-the-largest-right-side-neighborhoods-2-26

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The following .PDF is the review by RCookie of the IMF board’s publishing of Iraq’s SBA (excellent info) – He would have wanted you all to have it.. posting the whole .PDF was the only way to get it on here. Enjoy. BGG

Robert Cook  CSW  CSS  CBP  CST  CTC

Iraq:

IMF EXECUTIVE BOARD COMPLETES FIRST REVIEW IRAQ’S STAND-BY ARRANGEMENT (45 pages…)

Adoption of specialized international companies for the rehabilitation of local expertise

BAGHDAD / Hussein Tgb – More is known about attracting capital and advanced technology requirements of an urgent need to revitalize the real job market in Iraq , which has an ideal opportunity for all international companies, but under the conditions of crisis it.

Global effort with the developed According to experts needs to be a reputable financial institutions have the expertise that carry international certificates recognized confirms possession of these institutions for the best experience and the ability to provide services that fit the workload and keep pace with global developments and shrinking the gap between Iraq and the world.

Financial Advisor to the Prime Minister Dr. The appearance of Mohammed Saleh stressed the need to open up to the specialized rehabilitation of local expertise that add high levels of expertise enable organizations to be the focus of the world ‘s faith at all levels of international companies.

He pointed to the importance of being in Iraq experiences carry important testimony from the top five training institutions in the world in the forefront of any ACAMS, Microsoft and KPMG and other terms of equivalent training in her testimony Harvodalaalmih University.

Saleh said that the world is constantly evolving and has become an international gap between Iraq and the international surroundings even in the training curriculum, pointing out that the rapid developments difficult to keep pace , but through the rapid training sessions larger institutions under the supervision of, and we find it offere that trains local competencies in the biggest specialized in the financial sector institutions which is the real axis of the starting of the development process and recommend extending it .

The 27 percent of the jobs that were chock in the seventies of the last century , has now disappeared in developed countries, including the United States of America.

Keep up with new expert International Training Ali Mohammed Jawad said that the world is racing to develop human capabilities to keep up with their role in the new in all fields, pointing out that the advancement of competencies is all the institutions of the forms , the risks, particularly in the financial institutions. He pointed out that our experiences with leading global companies showed that the current work contexts and the criteria for selecting the country that approaches it classified as investment companies adopt the evolution of the financial sector and the extent to which Imitklh of certificates of the best specialized institutions.

He noted that the field of money Iraq began earning his staff of international experience through certificates obtained from the institution of any global infidel specialized preparation competencies, develop and give a certificate to the employee that exceeds the tests on the high degree of accuracy in the areas of money laundering and diversion terrorism after the sessions organized for this matter.

He said the need for this institution looked after the events of September 11 to curb the financing of terrorism and money laundering and introduced accredited anti – laundering specialists Association money that began to enter Iraq Abraltaaon with the Iraqi private banks association and the supervision of the Central Bank of Iraq.

Jawad importance of preparing the importance of competent staff member said, because it is not natural to consider the employee that all cases of deposit and open – laundering accounts but to be precise specialization in this area and shall have the possibility in the diagnosis of cases that are surrounded by suspicions, pointing out that the ongoing central supervision sessions Association began creating these competencies.

He said that through the sessions pointed out that the Iraqi competencies younger respond quickly to put the systems and new information and this is a positive thing can Iraq from the financial sector to develop gradually to be a contender in the competencies and products regional and international banks, pointing to a great reaction from the coaches and participants.

He urged the importance of preparing young expertise in the areas that must communicate with global developments, where the need for participation of the new two sessions annually to see that occurring in the financial sector, where international investment effort looks at the extent to which the financial sector to international certifications manages the Financial Action Task Force in the country.

Turn between the Executive Director of the Association of Iraqi private banks Ali Tariq The Association recognizes the importance of developing the working experiences of public money and private sector and has become our understandings with the best international financial institutions, pointing out that the cycles that regulate the issues the task under the supervision of the Central Bank of Iraq and, most recently concluded at the end of last week , in collaboration with ACAMS any institution.

Tariq pointed out that continuous training courses and plans implemented a monthly basis according to the program and there was a clear reaction from the banks with the training curriculum.

Read More: http://www.dinarupdates.com/showthread.php?46887-Adoption-of-specialized-international-companies-for-the-rehabilitation-of-expertise
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Indicative rates – 02.28.2017

http://www.cbi.iq/

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