Dinar Daily NEWS Blog – September 4th

Posted on September 4, 2016 by BGG

Welcome to the Dinar Daily NEWS Blog. For regular Dinar News Updates, Dinar to USD listings, Iraqi Dinar info and Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – if you are a Dinar vet or just looking for the current Dinar Value – Welcome.

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 09-04-16

Currency Auctions Announcement No. 3273

This daily currency auction was held in the Central Bank of Iraq on the 09-04-2016

The results were as follows:

DETAILS	NOTES
Number of banks	29
Number of remittance companies	15
Auction price selling dinar / US$	1182
Auction price buying dinar / US$	—–
Amount sold at auction price (US$)	126,207,446
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	126,207,446
Total offers for selling (US$)	—–

More: http://dinarupdates.com/observer/
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The secret of freedom lies in educating people, whereas the secret of tyranny is in keeping them ignorant. – Maximilien Robespierre

* Current News *

Follow us on twitter @DinarUpdates !!

Don’t MISS – “DU NEWS TIME” w/RCookie, Mr White & Hutch in the DU CHAT ROOM – Wednesday 7:30pm EST

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rcookie (Dinar Guru) – Article: “The Iraqi government plans to impose new taxes” OK…SO SEE HERE AGAIN…TAKEN RIGHT OUT OF IMF LOI/MEFP/TMU REVENUE REFORMS…THE FINANCE COMMITTEE CAN WHINE AND BLUSTER ALL THEY WANT…THE IMF IS DRIVING THE BUS…” JUST SIT DOWN AND BUCKLE YOUR SEAT BELT”! AND…HERE AS WITH THE NEWLY ANNOUNCED ELECTRONIC DIRECT DEBIT COLLECTION OF ELECTRICITY AND TELECOMMUNICATION DUES AND TAXES…ALONG WITH DRAMATICALLY IMPROVED PROVIDING OF THESE SERVICES THE PUBLIC…WILL RESULT IN INCREASED OVERALL REVENUES AND FAR MORE EFFICIENT MEANS OF COLLECTING THEM ELECTRONICALLY… REMEMBER ALMOST 80% OF ELECTRICITY TAXES AND DUES WERE LEFT ON THE TABLE…THIS WILL ASSURE 100% EFFICIENCY…AND THESE AGAIN…ARE NON OIL REVENUES…

Read More: http://www.dinarupdates.com/observer/
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Iraqi banker close to al – Maliki escape $ 6.5 billion

Former Prime Minister Nuri al-Maliki accused in corruption cases

BAGHDAD – Naseer al – Naqib: Prosecutors demanded the Iraqi finance minister, Hoshyar Zebari, to disclose the identity of the person who was able to smuggle $ 6.5 billion, and it was pointed out during a press statement. A judiciary spokesman Judge Abdul Sattar Bayraktar said that «Prosecutors formally request» from Finance Minister «to clarify his statements regarding the name of the person mentioned in one of the local media that« about 6.5 billion and a half billion dollars to «his personal account, in order to take action legal right, said Zebari, who face the threat of no-confidence, after questioning in parliament in Mali corrupted files session, channel «Tigris» TV local Iraqi that «only one person about $ 6 billion and 455 million to his personal account in a bank outside the country, but that member Finance Committee in the Iraqi parliament Haitham al-Jubouri revealed the name, stressing that «Hamad Yasser al-Moussawi, the owner Huda Bank Musawi was a candidate for a coalition« rule of law », led by former Prime Minister Nuri al-Maliki, is considered a close associate of Nuri al-Jubouri said«

We discovered Moussawi file and it has approached the money laundering Office in the Central Bank who wrote the report for the prosecution in March and confirmed the opening of 3 files on suspicion of involvement of bank Rafidain and Rasheed in the case and leads the al-Jubouri, a campaign questioning the Minister of Finance in the corruption files, relating to protection expenses file, and furnishing his home, and rent his secretary amount large, what he considered Zebari as «a political target but Zebari criticized al-Jubouri to about smuggling a large amount, saying the real files, these people where the money went?

Who is responsible for?

He stressed that it «formally documented and why not to take any action and follow-up funds?

It is equal to the budget of the state.

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rcookie (Dinar Guru) – PARLIAMENT COMMITTEE REVEALS 0% CORRUPTION CONCERNING JICA LOAN DUE TO DIRECT INVOLVEMENT OF JAPANESE AUTHORITIES TO OVERSEE DIRECT APPLICATION OF FUNDING AND PROJECTS…WHICH IS EXACTLY WHY WB AND IDB ARE ACTING AS DIRECT LENDING AGENTS TO THE PROVINCES IN DEVELOPMENT PROJECT FUNDING EXECUTION… SEE WHAT IS POSSIBLE AND IN FACT HAPPENS WHEN THE CORRUPT CENTRAL IS MINIMIZED OR ELIMINATED FROM THE PROCESS…THINGS GET DONE!

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Washington suggest the IMF projects growth of non – oil sector in Iraq by 2018

Long-Presse / Baghdad – Suggested the US Embassy in Baghdad, on Sunday, the growth of the International Monetary Fund projects sectors is oil in Iraq by the year 2018, and revealed that Iraq is a candidate for accession to the World Trade Organization, and as pointed to the need for the Iraqi government some major reforms, the investment climate to improve, confirmed that the bank international and Washington identified the sectors that could be developed to contribute to attracting investment in Iraq.

A spokesman for the US embassy in Baghdad Kim Dboa in an interview with (long-Presse), said that “Iraq needs financial stability to evolve as the standby credit agreements of the International Monetary Fund and support associated with it will help facilitate a stronger financial position over the next few years, especially with the and a slight rise in oil prices, “returned to” Iraq needs to focus on ensuring the stability of the oil sector and the expansion of non-oil sources of revenue. ”

He Dboa, that “the IMF projects growth in non-oil sectors of Iraq’s economy will slow during the current year 2016, and then begin to rise by the year 2018,” noting that “investing in projects in non-oil production is crucial for the Iraqis.”
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He predicted Dboa, “the Iraqi economy shift to a more market-oriented economy, being the focus of his business to deal with the international community, including the United States and other trading partners, where keen on belonging to the international community through its cooperation with international organizations including the IMF international and the World Bank, the United Nations and the Arab League, “stressing that” Iraq is a candidate for accession to the World trade Organization. ”

He said US embassy spokesman, said: “Iraq needs to do some major reforms to improve its climate for investment for both Iraqi and foreign parties,” pointing out that “the World Bank and the Government of the United States identified the sectors that will develop them to contribute to attract investment and create jobs and develop the economy Iraqi. ”

He pointed Dboa, that “the International Monetary Fund will provide $ 5.4 billion to Iraq over the next three years, in addition to the plans of the World Bank to help Iraq a loan of an additional value of three billion dollars,” explaining that “this assistance comes in addition to the current loans provided by these institutions which provide billions in support of infrastructure projects and to cover the budget deficit. ”

The Dboa, that “the International Monetary Fund and international donors program among them the United States provided billions of dollars in extra aid for Iraq,” vowing to “the continuation of the United States to work together with the International Monetary Fund, World Bank and others in order to help Iraq achieve financial stability.”

The number of participating countries within the humanitarian aid, stability and remove the mines which was hosted by the United States government in the private donors’ conference (20 July 2016) has been granted Iraq $ 2.1 billion.

The US Embassy in Baghdad, uncovered, on Wednesday (31 August 2016), the trade exchange achieved with Iraq since the beginning of this year until August, totaled more than $ 2.6 billion, and as pointed out that trade between the two countries amounted to 6.6 billion dollars for 2015, pointed out that there is a desire among US companies to invest in Iraq.

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BGG (Dinar Guru) – “…the House of Representatives sent, during the last two days of the amnesty law to the presidency of the republic to see the paragraphs, materials and approved for publication in the Official Gazette.” General Amnesty will be law. I guess it didn’t happen – and get published in the Gazette weeks ago …looks like the next 2 days or so…IMF, WB and UN are behind this. For sure. …things are moving ahead for Iraq DOUBLE TIME…

Read More: http://www.dinarupdates.com/observer/
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Keywords: the local market is witnessing a shortage in Iraqi dinars

BAGHDAD / SNG – The Central Bank of the province on the Keywords day, that the fiscal policy of the Iraqi government in general is facing a shortage of Iraqi dinars on the local market, pointing out that the Ministry of Finance is selling 80% of dollar revenues to the central bank and then the latter to sell hard Eulma market gets to the Iraqi dinar .

Keywords and said in a press statement that “There is a way out of hard currency out of Iraq because of the security and economic conditions experienced by the country, pointing out that the central bank gives the spearhead of the individual to act in the funds, whether the currency conversion abroad for reasons to travel or invest outside of Iraq.”

And that “the Iraqi dinar is an internal expenses, government contracts and its imports are considered hard currency, pointing out that” fiscal policy of the Iraqi government in general is facing a shortage of Iraqi dinars in the local market. ”

And that “the Ministry of Finance get foreign exchange earnings increased by 100%, pointing out that the financial sell 80% of foreign currency to the central bank to be put up in the market to sell and get the Iraqi dinar is then cashed in the local market to be traded in terms of the payment of staff salaries “.

He pointed out that “the occurrence of financial crimes and thefts for some banks pay the central bank to intensify actions on the banks to protect the capital, stressing that the central bank has no any auction for the sale of hard currency in the whole of Iraq.”

ARTICLE LINK

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For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…

http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS
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Prime Minister Dr. Haider Al-Abadi confirms that this year would be the end of the year, gangs, ISIS militarily. We’ll get in Mosul and liberate their land and its people.

Sure Mr Prime Minister Dr. Haider Al-Abadi to the current year would be the end of the year, gangs, ISIS militarily. We’ll get in Mosul and liberate their land and NASA.

He stated his lordship, in his speech during the t-Dex Baghdad) VI, who cares about the creators and owners of minds, we brought the previous conference last year and get him today and during this year achieved more victories and freed up land. Today our troops the heroine Fight on the outskirts of Mosul.

And His Lordship. We fight for our people and humanity against these gangs obscurantism the terrorist into our country from outside of Iraq and the efforts made by our young fighters have achieved such victories.

And keep Dr. Al-Abadi we steadfastly youth in war fronts, and I see them in the battlefields. Although tired, rising temperatures to around 50 degrees, we beat the terrorist gangs and able to walk in the country to safety. and the right way.

And among his lordship to shift that took place some people try to stop her, stressing that security challenge that we face didn’t like him going through the states.

And Chairman of the council of ministers; we did with the beginning of the formation of the government by organizing and restructuring, the army and security devices and plans, strategies and the fight against corruption and that is what got us to the victories achieved by now.

And Dr. Al-Abadi to war and fighting is not an excuse to stop the culture and the arts, even like this important meetings and we need it.

Read More: http://www.dinarupdates.com/showthread.php?40194-Dr-Haider-Al-Abadi-confirms-that-this-year-would-be-the-end-of-ISIS&p=160603#post160603
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DU NEWS RECAP by RCookie

(from) THURSDAY SEPTEMBER 2nd, 2016

PARLIAMENT

PARLIAMENT INTEGRITY COMMISSION INTENDS TO QUESTION PM ABADI AND FM JAAFARI AFTER EID HOLIDAY…REFORM PARTY MP BAAJA ASSERTS ZEBARI VOTE OF WITHDRAWAL OF CONFIDENCE WILL TAKE PLACE NEXT TUESDAY…KURDISTAN DEMOCRATIC PARTY ASSERTING TREMENDOUS PRESSURE TO PREVENT SACKING OF MOF ZEBARI…PARLIAMENT ECONOMIC COMMISSION ASSERTS BORDER CROSSING LAW WILL INCREASE IMPORT REVENUES BY TRANSFERRING BORDER POINT OVERSIGHT & ENFORCEMENT TO PROVINCIAL AUTHORITY..PARLIAMENT MEMBER SAADI ASSERTS PARLIAMENT EFFORTS NEED TO BE DIRECTED AT REFORMS INSTEAD OF CONFLICTS & BICKERING CREATING BOTTLENECKS…ECONOMIST & BANKING EXPERT NASIRI CALLS FOR IMMEDIATE IMPLEMENTATION OF SUPREME COUNCIL FOR PRIVATE SECTOR FOLLOWING THE SUCCESS TEMPLATE OF THRIVING NEIGHBORING COUNTRIES INVOLVED IN ECONOMIC POLICY & ACTION DECISION MAKING IN AGRICULTURE, ENERGY, INDUSTRY & TOURISM AS PART OF DIVERSIFYING 2017 BUDGET REVENUES IN LINE WITH IMF MANDATES,…PARLIAMENTARY FINANCE MINISTER HOSSAM ANNOUNCE INTENTION TO REDUCE 2017 BUDGET EXPENDITURES TO ABOUT 80 TRILLION IQD IN LINE WITHY IMF LOI EXPENDITURE REFORMS…PARLIAMENT LEGAL AL-SADOUN ASSERTS AMNESTY LAW WILL BRING RELIEF TO 2017 BUDGET AS RELEASE OF PRISONERS PROVIDE RELIEF FROM STATE REVENUES TO SUPPORT PRISON POPULACE…MASSOUD RATIFIES AMNESTY LAW AS A PRELUDE TO ITS APPLICATION AFTER AMENDMENT TO ARTICLE VIII…KURD MP CHENKALI ASSERTS THAT ZEBARI CHANCES OF SURVIVAL STILL STRONG DUE TO SUPPORT FROM NATIONAL LED BY ALLAWI AND MASS CITIZEN SUPPORT…ABADI RECEIVES CHAIRMAN OF INTEGRITY AND FINAL APPROVAL REITERATES CALL TO RESIGN ACCEPTED JULY 4TH…

SECURITY

UNAMI ANNOUNCES THE DEATH OF 691 IRAQIS IN THE MONTH OF AUGUST…JABOURI VISITS TURKEY AND MEETS WITH ERDOGAN T DISCUSS POST MOSUL LIBERATION STRATEGIES FOR SECURITY AND DISPLACED…CANDIDATES FOR MOD POSITION NARROWED FROM 11 TO 3 AND WILL BE ANNOUNCED AFTER EID HOLIDAY…PENTAGON STATES ISIS ABOUT TO LOSE ITS POSITION & PRESENCE ON TURKISH BORDER…ISF JOINT COMMAND REPORT THE KILLING OF DOZENS ISIS ELEMENTS IN WESTERN QAYYARAH IN SOUTHERN MOSUL OPERATIONS…FRANCE ANNOUNCES CARRYING OUT 344 SORTIES IN LAST 2 MONTHS…

GENERAL

ZEBARI CLAIMS DOCUMENTS HE POSSESSES SHOW EVIDENCE OF FORGED PAPERS FOR TRANSFER OF 6.5 BILLION DOLLARS OUTSIDE OF IRAQ AND IMPLICATE STATE OF LAW MP HAMMAD AL-MOUSSAWI AFTER PROSECUTORS DEMAND IDENTITY…ABADI AND ALLAWI MEET TO DISCUSS MOSUL LIBERATION OPERATION AND CARE FOR DISPLACED…BARZANI DECLARES GRATITUDE FOR THE WARM WELCOME AND SPIRIT OF PRODUCTIVITY & SATISFACTION AT RECENT BAGHDAD MEETINGS WITH ABADI…INTEGRITY ANNOUNCE FOILING 3 SEPARATE SCHEMES ATTEMPTS TO STEAL MORE THAN 44 BILLION IQD FROM RAFIDAIN BANK…ZEBARI DECLARES STATE OF LAW EFFORTS TO OVERTHROW GOVERNMENT…E-COMMERCE COMPLAINT WINDOW OPENS TO HANDLE PROCESSING ISSUES & COMPLAINTS WITH 3 DAY TURN AROUND TIME BY MINISTRY OF TRADE…EUROPEAN UNION WELCOMES ADOPTION OF AMNESTY LAW AND DE-BAATH…SECRETARY GENERAL OF RED CRESCENT SENTENCED FOR IMPROPER CONTRACT ISSUANCE IRREGULARITIES OF $220,000…ABADI CONFIRMS BARZANI STATEMENT OF AGREEMENT BETWEEN ERBIL & BAGHDAD CONCERNING MOSUL LIBERATION OPERATIONS AND FINANCIAL ISSUES…NEW US AMBASSADOR DOUGLAS SELMAN ARRIVES IN BAGHDAD TO BEGIN ACTIVITIES IN NEW ROLE…INTERIOR ANNOUNCES PLAN FOR CREATION OF SPECIAL ISIS PRISONS FOR FEMALES…ABADI CALLS ON INTERIOR MINISTRY TO DEVELOP METHODS OF COMBATING CORRUPTION AND ALLEVIATE SUFFERING OF CITIZENS…ABADI OFFICE ANNOUNCE THE GOV’T HAS ACHIEVED 76% OF LAWS PRESENTED THROUGH COM…ABADI DENIES HE FILED LAWSUIT AGAINST FATLAWI AND VICE CONFIRM GENESIS WAS FROM JUDICIARY…

BUSINESS/ECONOMY/INVESTMENT

OIL AT $48.01 WITH DOLLAR STRENGTH..GOLD AT 216,000 IQD TO THE WEIGHT…SOMO ANNOUNCES OIL EXPORTS FROM SOUTH PORTS AT 3.23 MILLION BPD (98+ MILLION BARRELS) IN AUGUST…MINISTRY OF TRADE ANNOUNCE SIGNING OF CONTRACT WITH IRAN FOR IMPORT OF CONSTRUCTION MATERIALS…BASRA GAS COMPANY ANNOUNCES THE THIRD SHIPMENT OF 1.6 TONS LNG FOR EXPORT…MASSUD ISSUES DECREE RATIFYING AMNESTY LAW PRIOR TO AMENDING ARTICLE VII KIDNAPPING & TERRORISM CLAUSES AND SENDING TO HOUSE..KRG MEETS WITH DELEGATES FROM KOICA (KOREAN INTERNATIONAL COOPERATION AGENCY) & KOREAN INSTITUTE FOR INT’L ECONOMIC POLICY, AND POLITICAL AFFAIRS, IMPORT-EXPORT BANK DIRECTOR AND GOV’T OFFICIALS TO DISCUSS BUSINESS & INVESTMENT NEEDS FOR PROMOTING INVESTMENT OPPORTUNITIES IN KURDISTAN REGION…MINISTRY OF TRANSPORT ASSERTS IMPORTANCE OF BASRA AS INTEGRAL AIR CORRIDOR STRATEGICALLY BRIDGING 3 CONTINENTS OF ASIA, EUROPE & AFRICA…DIWANIYAH GOVERNATE HASNAWI ANNOUNCES DANISH COMPANY SOLENRGI DANIMARK DESIRE TO EXPLORE INVESTMENT PROJECTS SPECIALIZING IN HOUSING, CONSTRUCTION OIL, ELECTRICITY, MINERALS AND ENERGY & PROVINCE INTEREST TO FACILITATE SERVICE, AGRICULTURE AND INDUSTRY SECTORS…WB CONDUCTS WORKSHOP FOR RECONSTRUCTION & DEVELOPMENT PROJECTS FOR SALLAHUDDIN & DIYALA ACTING IN CAPACITY OF DIRECT LENDING AGENT WITH PROVINCES AWAY FROM CENTRAL…
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CURRENCY	CODE	SELL	BUY
US dollar	USD	1182.000	1180.000
Euro	EUR	1317.457	1316.798
British pound	GBP	1565.677	1564.894
Canadian dollar	CAD	901.808	901.357
Swiss franc	CHF	1200.731	1200.131
Swedish krona	SEK	137.552	137.483
Norwegian krone	NOK	141.586	141.515
Danish krone	DKK	177.034	176.945
Japanese yen	JPY	11.435	11.429
Special Drawing Rights	SDR	1649.386	1648.562

Indicative rates – 09.04.2016

http://www.cbi.iq/

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Posted in Daily Dinar Updates | Tagged Dinar, dinar corp, dinar detectives, Dinar Guru, dinar gurus, Dinar Info, Dinar News, dinar recaps, dinar recaps blog, Dinar RV, dinar to usd, dinar updates, dinar value, dinar vets, IQD, Iraqi Dinar | Comments Off

Dinar Daily NEWS Blog – September 2nd

Posted on September 2, 2016 by BGG

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 08-31-16

Currency Auctions Announcement No. 3272

This daily currency auction was held in the Central Bank of Iraq on the 08-31-2016

The results were as follows:

DETAILS	NOTES
Number of banks	31
Number of remittance companies	15
Auction price selling dinar / US$	1182
Auction price buying dinar / US$	—–
Amount sold at auction price (US$)	133,884,851
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	133,884,851
Total offers for selling (US$)	—–

More: http://dinarupdates.com/observer/
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Women and cats will do as they please, and men and dogs should relax and get used to the idea. – Robert Heinlein

* Current News *

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Kathy Keller ~ Ok, I’m gonna go way out on a limb here and may get myself kicked out. That’s ok, because I think there are some things here that need to be said and if any of you know me, I’ve never been one to hold my tongue. There were some comments made yesterday challenging our facts and whining because we called them out on it. I have been on this ride over 5 years now, and the folks here at DU are exemplary. They put in COUNTLESS hours of research and articles that VERIFY EXACTLY WHAT IS GOING ON IN IRAQ. THEY DON’T GET PAID TO DO THIS, THEY VOLUNTEER. The next time someone gets the urge to post something on this site from some STUPID guru they just read – PLEASE DON’T!!! That is why this group was created. WE DO NOT SPEAK GURU HERE!!! All of the researchers and posters here at DU work day and night to bring us FACTS. If you don’t have “time” to sit and read about what is going on in Iraq’s government, then you have NO BUSINESS BEING IN THIS INVESTMENT. Period, end of discussion, mic drop. If you do not have “time” to read and understand what it is you have invested in, then you need to sell your dinar right now, today and go buy yourself a lottery ticket. You DO NOT belong in this investment OR on this website. If you think this is being harsh, then you are right on the money. I am SICK AND TIRED of you people coming in here whining because we can’t and WON’T give you dates, rates and time tables. Go back to your gurus and PLEASE leave us alone. Don’t you DARE disrespect these folks that volunteer their time to bring us facts and educate us on this investment!!!!!! GOD BLESS ALL OF THE FOLKS WHO VOLUNTEER TO BRING US FACTS 24 HOURS A DAY, 7 DAYS A WEEK. You guys have given me more than I will EVER be able to thank you for!

This was a post from the New Dinar Updates “private” FaceBook Group…

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rcookie (Dinar Guru) – IT IS OFFICIAL JAAFARI IS NEXT ON STAND…AND THE LIST OF HIS CORRUPTION CHARGES IS LONG & DISTINGUISHED…AND OFFICIALLY ZEBARI WITHDRAWL OF CONFIDENCE WILL BE TUESDAY!!

Read More: http://www.dinarupdates.com/observer/
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Masum approves general amnesty law

(Voice of Iraq) – Baghdad – Announced that the Legal Committee member of the Parliamentary Zainab Sahlani, Thursday, the president Fuad Masum authentication on a general amnesty to all its articles and paragraphs of the law.

Sahlani said in a press statement that “the House of Representatives sent, during the last two days of the amnesty law to the presidency of the republic to see the paragraphs, materials and approved for publication in the Official Gazette.”

She added that the “infallible approved by the President, today, the general amnesty law in all its articles will be published in the Official Gazette within the next two days.”

And the voice of the Iraqi Council of Representatives, in the twenty – fifth of last August, a general amnesty to all paragraphs of the law with an amendment eighth and fourth paragraphs of contention which allows the defendant a retrial without providing evidence and documents proving his accusations.

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rcookie (Dinar Guru) – Quote: “…but now the IMF since December has made it very clear it is 1 to 1…plus…every time an article comes out from the GOI or the CBI or some Financial Committee member it is always 1 to 1.” THE IMF HAS MADE NO SUCH THING VERY CLEAR…AND NEVER….EVER…EVER WOULD… “EVERY TIME A CBI OR FINANCE COMMITTEE MEMBER SAYS ITS 1 TO 1“ …NOT A SINGLE SOLITARY SOURCE I HAVE READ HAS SAID THAT.

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Dinar Updates “After Call – LIVE”!!

“Immediately following News Time!!”
from Tues. 8/30 “After Call” – w/RCookie,
Mr White & Hutch

from 8/30 – Smart phone user link – Click here

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Zebari: the rule of law behind a sunbed to target al-Abadi and overthrow the government

Accused Finance Minister, Hoshyar Zebari, State of Law coalition of Prime Minister Nuri al-Maliki, of being behind the questioning process.

Zebari said in a televised statement, that “the rule of law behind a sunbed and I will defend myself and go to the withdrawal of confidence and all the stages where I prosecuted in the integrity and the political and media build-up.” He added that “The purpose of the interrogation is not I, but the parliament speaker Salim al-Jubouri, Prime Minister Haider al-Abadi, and this is the goal and begin our attempt to experiment planning and off [state law] to topple the government.”

Parliamentary Finance: no intention to repeal Article 14 of the Convention on the International Monetary Fund

Economy News / special parliamentary finance committee confirmed that it has no intention to abolish Article 14 of the International Monetary Fund agreement signed with Iraq on the granting of loans, while confirming that the past parliament to vote on all articles and paragraphs Convention.

Committee Chairman Mohammed Halbusi in an interview for “Economy News,” there was no intention by the Finance Committee or Parliament in general to stop or cancel Any of the Iraqi articles of the Convention with the IMF on loans, stressing that all the materials pour the interests of Iraq and the parliament’s past vote on them.

He added that the international loan will save Iraq from a lot of economic and financial problems that affected the monetary reserves and the general economic situation in the country.

The Prime Minister’s Advisor appearance of Mohammed Saleh, has asked parliament to suspend or stop the Article 14 of the International Monetary Fund agreement with Iraq “, saying that Iraq is required to terminate this paragraph being negatively affect the banking sector and the economy of the country and so far there is no real movement by the Parliament and the World Bank Central to stop this Article.

” It is said that Article / 14 / of the International Monetary Fund Agreement gives freedom to the countries of the exit of the Iraqi capital and without restrictions and that will lead to the escape of most of the capital under the pretext of trade goods that do not match with the Iraqi specifications and with the amount of hard currency emerging (in the opinion of experts in economic affairs). AJ

Read More: http://www.dinarupdates.com/showthread.php?39992-Parl-Finance-no-intention-to-repeal-Article-14-Convention-on-IMF-8-31
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SteveI (Dinar Guru) – Article quotes: “…the meeting Abadi officials Kurds, seen to reach agreement on «hold technical talks between the Federal Ministry of Oil and Mineral Resources in the province on the oil file».” “…The «approve oil and gas law formula that satisfies all the political parties, would be a positive sign towards the development and construction of state institutions…” Very nice to see all of this come together.

Read More: http://www.dinarupdates.com/observer/
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Proposals to review the economic feasibility studies

BAGHDAD – Al- Sabah – Stressed banking expert Samir Abbas high compactness proportion of the total money supply among the citizens and the impact on the business market requires activating the role of the Iraq Stock Exchange in investment and supporting the national economy to attract.

To support the role of the stock market in the economy Abbas suggested in an interview for the “morning” do feasibility studies by the joint – stock companies to increase their capital to the uses of those increases and give a clear opinion in connection with it to the Securities Commission and the Central Bank of Iraq before approving increases in the capital.

He also called for the development of monitoring and follow – up and evaluation system for the performance of the contribution and determine the kinks and negligence and violation of law firms the regulations in force, stressing the importance of the contribution to provide disclosure of monthly, quarterly and annual that transparency and corporate reports provide annual financial results in a period not exceeding 60 days of fiscal year end.

For the purpose of activating the role of the Iraq Stock Exchange in attracting foreign investment Abbas also suggested the establishment of the Deposit Insurance Corporation and speed up the enactment of the legislation in order to protect public deposits and encourage them to go to the banks and to benefit from the services they provide, and to achieve the central objective to raise the savings ratio to calculate the proportion of compactness and address the lack of liquidity in banks and its impact on the cash market trading.

He said Abbas importance of promoting and activating the central bank initiative to lend to banks for financing small and medium enterprises to achieve economic and social goal, as well as the banks and the Iraqi market for securities to benefit from the launch of the central bank ‘s government bond interest rate of 8 percent for a period of two years for the purpose of reimburse contractors and ensure prepared to give them banking facilities of all kinds of bonds by banks as well as to encourage citizens to acquire in order to withdraw liquidity for internal cash trading.

He influenced Iraq Stock Exchange greatly influenced by the conditions experienced by the country since 2014 because of falling global oil prices, and the costs of the war on terrorism, and other economic accumulations led to the decline in the growth rate in GDP (0.5 percent) and high unemployment rates to 50 percent and poverty to 25 percent and inflation to 2 percent fall in the savings rate of the Central Bank of Iraq to the extent of 20 percent.

RCOOKIE: SO….ABBAS STATING THAT DUE TO COMPACTNESS LEVEL OF MONEY SUPPLY IN MARKET AND IMPACT ON THEIR BUSINESS MARKET REQUIRES…..ACTIVATING THE IRAQ STOCK EXCHANGE………..IN ATTRACTING INVESTMENT AND SUPPORT OF THE NATIONAL ECONOMY….

TO SUPPORT THE ISX ROLE…TO DO FEASIBILITY STUDIES BY THE JOINT STOCK COMPANIES TO INCREASE CAPITALIZATION AND THE USES OF THEIR INCREASES AND RELAY INFORMATION TO SEC AND CBI BEFORE APPROVING CAPITALIZATION INCREASES…..

CALLING FOR INCREASED MONITORING AND FOLLOW UP….AND A SYSTEM FOR PERFORMANCE EVALUATION FOR TO OUTLINE THE KINKS IN THE SYSTEM AND REGULATORY VIOLATIONS THROUGH DISCLOSURE OF TRANSPARENT MONTHLY AND QUARTERLY & ANNUAL CORPORATE REPORTS WITH FISCAL RESULTS WITHIN 60 DAYS OF END OF FISCAL YEAR…

TOWARD ACTIVATING THE ISX AND ATTRACTING FOREIGN INVESTMENT…HE ALSO ASSERTS THE NEED TO SPEED UP ESTABLISHING THE DEPOSIT INSURANCE CORPORATION AND ENACTMENT OF LAWS TO PROTECT PUBLIC DEPOSITS AND ENCOURAGE CITIZENS TO UTILIZE BANKS AND THE SERVICES THEY PROVIDE AS A MEANS OF RAISING THE SAVINGS RATIO IN CALCULATING COMPACTNESS AND ADDRESS LIQUIDITY CRISIS IN BANKS AND CASH IN MARKETPLACE….

LASTLY…PROMOTING CBI TO ACTIVATE CBI INITIATIVE TO LEND TO BANKS FOR FINANCING SME’S TOWARD ECONOMIC & SOCIAL GOALS…BANKS, ISX, AND LAUNCH OF CBI BOND INTEREST RATE OF 8% FOR 2 YEARS…AND SAYS THE ISX NOT LAUNCHING DRIVEN BY CONDITIONS EXPERIENCED SINCE 2014….

LASTLY…PROMOTING CBI TO ACTIVATE CBI INITIATIVE TO LEND TO BANKS FOR FINANCING SME’S TOWARD ECONOMIC & SOCIAL GOALS…BANKS, ISX, AND LAUNCH OF CBI BOND INTEREST RATE OF 8% FOR 2 YEARS…AND SAYS THE ISX NOT LAUNCHING DRIVEN BY CONDITIONS EXPERIENCED SINCE 2014….

______________________________________________________________

For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…

http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS
______________________________________________________________

Representational photo.

Erbil and Baghdad reach agreement on Kirkuk oil exports

(IraqiNews.com) Baghdad – The Iraqi Oil Minister will soon visit Erbil to meet with his Kurdish counterpart and discuss crude oil exports and revenues.

MP Shakhawan Abdullah said, “The meetings will continue with Kurdistan Region’s Minister of Natural Resources who will be visiting Baghdad for the same purpose.”

“The Kurdish and Iraqi ministers will discuss the technical issues relating to the implementation of a previous Erbil-Baghdad agreement. The KRG and Iraqi government have also reached to an agreement over Kirkuk oil exports through the Kurdish pipelines,” Abdullah revealed.

Deputy Iraqi Oil Minister Fayadh al-Nema, in a previous interview with Reuters, said they were willing to hold talks with Erbil about using KRG’s oil pipelines for exporting Iraqi oil. However, he said upon the failure of the talks, Baghdad may consider selling its crude oil though Iran, for which it may need to cross Sulaymaniyah province in order reach the neighboring country.

Read More: http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS
______________________________________________________________

DU NEWS RECAP by RCookie

(from) THURSDAY SEPTEMBER 2nd, 2016

PARLIAMENT

SECURITY

GENERAL

BUSINESS/ECONOMY/INVESTMENT

CURRENCY	CODE	SELL	BUY
US dollar	USD	1182.000	1180.000
Euro	EUR	1320.058	1319.398
British pound	GBP	1546.529	1545.756
Canadian dollar	CAD	903.946	903.494
Swiss franc	CHF	1206.492	1205.889
Swedish krona	SEK	139.093	139.024
Norwegian krone	NOK	142.136	142.065
Danish krone	DKK	177.312	177.224
Japanese yen	JPY	11.595	11.589
Special Drawing Rights	SDR	1649.883	1649.058

http://www.cbi.iq/

Indicative rates – 09.02.2016

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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Dinar Daily NEWS Blog – September 1st

Posted on September 1, 2016 by BGG

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 08-31-16

Currency Auctions Announcement No. 3271

This daily currency auction was held in the Central Bank of Iraq on the 08-31-2016

The results were as follows:

DETAILS	NOTES
Number of banks	32
Number of remittance companies	15
Auction price selling dinar / US$	1182
Auction price buying dinar / US$	—–
Amount sold at auction price (US$)	133,757,550
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	133,757,550
Total offers for selling (US$)	—–

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

Life-the way it really is-is a battle not between good and bad, but between bad and worse. – Joseph Brodsky

* Current News *

rcookie (Dinar Guru) – Article: “Urgent: Cabinet vote on the 2017 budget” Quote: “Cabinet voted Tuesday 2017..itba the draft budget law.” SO…CABINET HAS VOTED ON 2017 BUDGET AFTER AMENDMENTS…

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Don’t MISS – “DU NEWS TIME” w/RCookie, Mr White & Hutch in the DU CHAT ROOM – Thursday 7:30pm EST

www.DinarUpdates.com – save as favorite

______________________________________________________________

rcookie (Dinar Guru) – [how about a reality, (real) rate based on their assets?] A COUNTRIES ASSETS ARE ONY A SMALL PORTION OF BASIS OF CURRENCY VALUATION…ASSETS ARE BARELY IN TOP 10 DETERMINANTS…WE SHOULD BE LOOKING AT INFLATION…INTEREST RATES…CURRENT ACCOUNT DEFICITS (TRADE BALANCE)… PUBLIC DEBT…TERMS OF TRADE BALANCE OF PAYMENTS…AND POLITICAL STABILITY & ECONOMIC PERFORMANCE

______________________________________________________________

Dinar Updates “After Call – LIVE”!!

“Immediately following News Time!!”
from Tues. 8/30 “After Call” – w/RCookie,
Mr White & Hutch

from 8/30 – Smart phone user link – Click here

______________________________________________________________

Representational photo.

Erbil and Baghdad reach agreement on Kirkuk oil exports

(IraqiNews.com) Baghdad – The Iraqi Oil Minister will soon visit Erbil to meet with his Kurdish counterpart and discuss crude oil exports and revenues.

MP Shakhawan Abdullah said, “The meetings will continue with Kurdistan Region’s Minister of Natural Resources who will be visiting Baghdad for the same purpose.”

Read More: http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS
______________________________________________________________

Be sure to join the New Dinar Updates “private” FaceBook Group…

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

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

BGG (Dinar Guru) – [How long do you think they need before the change the value of dinar.] they are moving FAST… things look good.

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

Reports: secret negotiations conducted by the United Nations to resolve the Justice and Accountability Act

BAGHDAD – Iraq Press – August announced a senior political source in the National Alliance that secret negotiations conducted by the United Nations with the leaders of the main political blocs to end the dispute regarding the accountability and justice law in preparation for submission to parliament for a vote.

The source added, in a statement to the newspaper (life) that “the talks under the auspices of the United Nations office in Baghdad to end the dispute in some paragraphs of the Accountability Act, which faces strong opposition from a coalition of state law and the Sadrists and the Virtue Party and the Badr Organization, who consider that the law allows for the figures in the party Baath political participation. ”

The source pointed out that “the National Alliance seeks to ensure that the non-participation of Baathists, but a coalition of Iraqi forces calls for transforming the ablation profile to justice instead of having a partisan institution oversees the work of the ablation may target certain parties to blackmail before each election held in the country.”

The source added that “the coalition is determined to not return the Baathists, even those who have not stained their hands with the blood of Iraqis or did not commit inhuman crimes, to the political arena and assume positions in the government, with powers Union believes that the return offered the greatest opportunity to achieve national reconciliation in the country.”

For his part, the Legal Committee Member of Parliament Salim Shawki told the newspaper that “disagreements exist in the draft law concerning the inclusion of Baathists retirement or their term of government positions,” stressing that “the postponement of the ongoing vote on Justice and Accountability Act is due to hold the National Alliance and the Union of Forces their positions regarding the granting of concessions to Baathists who did not commit a crime or violation against the people. ”

______________________________________________________________

For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…

http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS
______________________________________________________________

DU NEWS RECAP by RCookie

(from) TUESDAY AUGUST 30th, 2016

SECURITY

ABADI, BARZANI & JABOURI MEET TO DISCUSS SECURITY STATUS & OPERATIONS IN MOSUL AND OIL DEAL…ABADI GOV’T COMMITS TO $800 MONTHLY SALARY TO TURKISH ARMED KURDISTAN WORKERS PARTY PKK PESHMERGA SOLDIERS FIGHTING ISIS WHERE SOLDIERS RECEIVE HALF AND PARTY THE OTHER HALF…JOINT COMMAND CONFIRMS KILLING OF MORE THAN 1700 ISIS ELEMENTS IN SOUTHERN MOSUL AND QARRAYAH ARAES SINCE BEGINNING OF CLEANSING OPERATIONS…JABOURI MEETS WITH EU LEADERS TO DISCUSS RETURN OF DISPLACED AFTER MOSUL OPERATIONS…ABADI ISSUES STATEMENT THAT THERE ARE NO FIGHTERS ON IRAQI GROUND FIGHTING ISIS OTHER THAN IRAQI SOLDIERS…TOTAL COUNT OF ISIS MASS GRAVES LEFT BEHIND IN IRAQ & SYRIA AT 72 CONTAINING UP TO 15,000 BODIES… INTERIOR MINISTRY ISSUES OF STATEMENT OF FEDERAL SUPPORT FOR POLICE AND RAPID RESPONSE DEPARTMENTS…ISF AIRSTRIKES KILL DOZENS OF ISIS ELEMENTS IN TAL AFAR NINEVEH PROVINCE INCLUDING INSTRUMENTAL LEADERS…SENIOR ISIS LEADER & SPOKESMAN ADNANI KILLED BY COALITION FORCES BOMBING TODAY IN ALEPPO…ABADI IDENTIFIES REASONS FOR FALLUJAH LIBERATION DELAYS WERE THE USE OF CITIZENS AS HUMAN SHIELDS & INT’L & REGIONAL PRESSURES DELAYED MILITARY & FINANCIAL SUPPORT FOR DISPLACES AND POLITICAL BLOC DIFFERENCES ON ANTI PARTIES START OF LIBERATION…US TRAING ISF “SPECIAL FORCES” UNIT IN NORTHERN BAGHDAD CAMP TAJI 62 DAY TRAINING PROGRAM…

PARLIAMENT

HATHAIM AL JABOURI ANNOUNCES REQUEST OF 100 SIGNATURES GAINED BY SECRET BALLOT FOR DISMISSAL OF ZEBARI…KURDISH LAWMAKER REVEALS PLEA FOR RE-VOTE ON ZEBARI QUESTIONING AND SUBSEQUENT WITHDRAWAL OF CONFIDENCE…HOUSE ECONOMIC COMMITTEE ANNOUNCE BORDER CROSSING ACT APPROVED IN PARLIAMENT YESTERDAY WILL ESTABLISH A STANDARD BODY TO OPERATE PORTS & ENCOMPASS BORDER, FOREIGN, INTERIOR & FINANCE MINISTRIES…ABADI ANNOUNCES HE WILL GIVE HIS LIST OF CABINET RESHUFFLE CANDIDATES INCLUDING DEFENSE AND INTERIOR IMMEDIATELY AFTER EID HOLIDAY…ABADI STATES GOV’T WILL SUBMIT AMENDMENT TO COVER “ORGANIZED CRIME” TO GENERAL AMNESTY LAW…BADR BLOC COLLECTING SIGNATURES TO CHALLENGE ARTICLE VIII OF AMNESTY LAW…KURDISTAN ALLIANCE MP ASSERTS THAT WITHDRAWAL OF CONFIDENCE ACTION AGAINST ZEBARI ON HOLD AT THIS TIME AND CONCENTRATING ON DISAPPROVAL OF ANSWERS TO QUESTIONING HE SUBMITTED AND WANT OPEN VOTING SESSION IF CONDUCTED…PARLIAMENT INVESTMENT COMMISSION MP ALBJARA CALLS FOR BORDER CROSSING LAW ACTIVATED TO CENTRALLY MANAGED BODY TO MANAGE BORDER CROSSING POINTS TO FURTHER DEAL WITH KNOWN “BIG CORRUPTION”…MP FOR REFORM FRONT NURI ASSERTS COMING STAGE WILL WITNESS FM JAFAARI INTERROGATION OF CORRUPTION FILES AND WITHDRAWAL OF CONFIDENCE VOTE…CoM REVIEWS GENERAL AMNESTY LAW & ABADI STATES WE WILL ADJUST AMNESTY LAW 2 AREAS OF CRIMES OF KIDNAPPING & TERRORISM…CoM VOTES ON 2017 BUDGET LAW AFTER AMENDING AND NOW READY FOR HOUSE APPROVAL…HOUSE OF REPRESENTATIVES REVEALS QUESTIONING OF 3 MINISTERS IN COMING DAYS INCLUDE JAFAARI, EDUCATION MINISTER IQBAL AND HEALTH MINISTER HAMOUD AS WELL AS ABADI HIMSELF AFTER EID HOLIDAY…MP ASSERTS RE-VOTE BY SECRET PAPER BALLOT FOR SACKING OF ZEBARI POSSIBLE DUE TO HARDWARE MALFUNCTION OF MACHINES..

GENERAL

AFTER MEETING BETWEEN BARZANI & ABADI & DELEGATIONS YESTERDAY KRG AND GOI AGREE ON EXPORT OF 150K BPD OIL FROM KIRKUK KARKER OIL FIELD THROUGH TURKEY CEYHAN TO BE DIVIDED EQUALLY BETWEEN BAGHDAD & ERBIL AND COVERING 7,600 SALARIES INCLUDING PESHMERGA TOTALING $10 MILLION DOLLARS AFTER 5.5 MONTH ABSENCE OF CEYHAN OPERATIONS WHILE DISCUSSING ZEBARI DISMISSAL, MOSUL OPERAQTIONS & CREATION OF MECHANISM T MAINTAIN DIALOGUE BETWEEN ERBIL & BAGHDAD…OIL MINISTER ALI JABBAR WILL VISIT ERBIL SOON TO DISCUSS THE FURTHER DETAILS WITH KRG MINISTER OF NATURAL RESOURCES..MALIKI ISSUES STERN DENIAL AND CLAIMS OF FORGED DOCUMENTS IN CHARGES OF OVERCHARGES OF 197 MILLION IQD FOR MAINTENANCE OF HIS PERSONAL MOTORCADE & CHARGES OF WASTING PUBLIC MONEY…INDEPENDENT ELECTORAL COMMISSION ANNOUNCES REGISTRATION OF 78 POLITICAL ENTITIES THAT INTEND TO PARTICIPATE IN UPCOMING ELECTIONS…ACCUSATIONS FROM MINISTERS THAT KRG IS EXPORTING SOME OIL TO “BLACKLIST” TANKERS AWAY FROM CENTRAL…BARZANI UPON CONCLUDING MEETING WITH ABADI & JABOURI HEADING TO FRANCE, JORDAN, IRAN & TURKEY TO ACQUIRE SUPPORT FOR KURDISH INDEPENDENT STATE…OIL MINISTER AUTHORIZES 150,000 IQD CASH ASSISTANCE TO ALL MINISTRY FULL TIME EMPLOYEES…MINISTER OF AGRICULTURE & WATER MAJID ANNOUNCE OPENING OF 2 DAMS IN AKRR, DOHUK, KURDISTAN PROVINCE…BASRA GOVERNATE THREATENING TO SUE CENTRAL IF 50% OF BORDER CROSSING IMPORT REVENUES NOT TURNED OVER TO PROVINCE…JUDICIAL ISSUES ARREST WARRANT FOR CHIEF FINANCIAL OFFICER FOR FORMER MoD OBEIDI…INSPECTOR GENERAL OF INTERIOR MINISTRY OFFICE REPORTS 335 CORRUPTION CASES PROCESSED RETURNING 335 MILLION IQD TO STATE TREASURY IN MONTH OF JULY…

ECONOMY/INVESTMENT/BUSINESS

GOLD AT 216,00 IQD TO WEIGHT…OIL AT $49.26…CBI REITERATES POSITION CHANGE OF STABILIZING IQD AGAINST USD IN AUCTIONS TO “OPEN LETTER OF CREDIT” INSTEAD OF “REMITTANCES” BECAUSE LOC COMPRISE 70% OF FOREIGN CURRENCY SALES AND ALLOW FOR MORE CONTROLS OVER BANKS A, METHODS AND PROCEEDS RESULTING FROM AUCTION SALES ELECTRONIC SINCE MARCH 3, 2015 WHERE END TO DAILY WINDOWS WAS ANNOUNCED… OIL MINISTER PLEDGES IRAQ WILL BEGIN PUMPING OIL FROM WELLS IN QAYYARAH AFTER THE LIBERATION OF MOSUL…RASHEED BANK ANNOUNCES ISSUANCE OF NEW HOUSING LOANS UP TO 75 MILLION IQD AT 7% INTEREST OVER 20 YEARS TO CITIZENS & STATE EMPLOYEES IN 3 25 MILLION IQD INSTALLMENTS…GENERAL CUSTOMS AUTHORITY ANNOUNCES COLLECTION OF 327 BILLION IQD SINCE BEGINNING OF 2016 THROUGH JULY TOTALING AVERAGE OF 46.7 BILLION IQD/MONTH…ECONOMIC EXPERT HADI HNDAS ASSERTS LOCAL PRODUCTION WILL STOP HARD CURRENCY LEAKAGE OUT OF IRAQ AND PRESERVE CAPITAL CYCLE INSIDE OF IRAQ OR VELOCITY EFFICIENCY KEEPING CURRENCY INSIDE IRAQ…GENERAL COMPANY FOR EXTRACTION INDUSTRIES AND INDUSTRY MINISTER HAMOUD ANNOUNCE FIRST PRODUCTION OF “WHITE ELITE KEROSENE” IN CONTRACT WITH UAE & ITALIAN COMPANY OF 75 TONNES OF WHICH 19,200 TONNES BEING EXPORTED WITH AUGUST SALES TOTALING 76 MILLION IQD IN ADDITION TO FELT ASPHALT POLYMER…
______________________________________________________________

CURRENCY	CODE	SELL	BUY
US dollar	USD	1182.000	1180.000
Euro	EUR	1320.058	1319.398
British pound	GBP	1546.529	1545.756
Canadian dollar	CAD	903.946	903.494
Swiss franc	CHF	1206.492	1205.889
Swedish krona	SEK	139.093	139.024
Norwegian krone	NOK	142.136	142.065
Danish krone	DKK	177.312	177.224
Japanese yen	JPY	11.595	11.589
Special Drawing Rights	SDR	1649.883	1649.058

http://www.cbi.iq/

Indicative rates – 09.01.2016

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

Dinar Daily NEWS Blog – August 31st

Posted on August 31, 2016 by BGG

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 08-31-16

Currency Auctions Announcement No. 3271

This daily currency auction was held in the Central Bank of Iraq on the 08-31-2016

The results were as follows:

DETAILS	NOTES
Number of banks	32
Number of remittance companies	15
Auction price selling dinar / US$	1182
Auction price buying dinar / US$	—–
Amount sold at auction price (US$)	133,757,550
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	133,757,550
Total offers for selling (US$)	—–

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

Politics should be the part-time profession of every citizen. – Dwight Eisenhower

* Current News *

Dinar Updates “After Call – LIVE”!!

“Immediately following News Time!!”
from Tues. 8/30 “After Call” – w/RCookie,
Mr White & Hutch

Smart phone user link – Click here

______________________________________________________________

Representational photo.

Erbil and Baghdad reach agreement on Kirkuk oil exports

(IraqiNews.com) Baghdad – The Iraqi Oil Minister will soon visit Erbil to meet with his Kurdish counterpart and discuss crude oil exports and revenues.

MP Shakhawan Abdullah said, “The meetings will continue with Kurdistan Region’s Minister of Natural Resources who will be visiting Baghdad for the same purpose.”

Read More: http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS
______________________________________________________________

Be sure to join the New Dinar Updates “private” FaceBook Group…

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

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

BGG (Dinar Guru) – [How long do you think they need before the change the value of dinar.] they are moving FAST… things look good.

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

Reports: secret negotiations conducted by the United Nations to resolve the Justice and Accountability Act

______________________________________________________________

For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…

http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS
______________________________________________________________

DU NEWS RECAP by RCookie

(from) TUESDAY AUGUST 30th, 2016

SECURITY

PARLIAMENT

GENERAL

ECONOMY/INVESTMENT/BUSINESS

CURRENCY	CODE	SELL	BUY
US dollar	USD	1182.000	1180.000
Euro	EUR	1320.058	1319.398
British pound	GBP	1546.529	1545.756
Canadian dollar	CAD	903.946	903.494
Swiss franc	CHF	1206.492	1205.889
Swedish krona	SEK	139.093	139.024
Norwegian krone	NOK	142.136	142.065
Danish krone	DKK	177.312	177.224
Japanese yen	JPY	11.595	11.589
Special Drawing Rights	SDR	1649.883	1649.058

http://www.cbi.iq/

Indicative rates – 08.31.2016

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

Dinar Daily NEWS Blog – August 30th

Posted on August 30, 2016 by BGG

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 08-30-16

Currency Auctions Announcement No. 3270

This daily currency auction was held in the Central Bank of Iraq on the 08-30-2016

The results were as follows:

DETAILS	NOTES
Number of banks	30
Number of remittance companies	15
Auction price selling dinar / US$	1182
Auction price buying dinar / US$	—–
Amount sold at auction price (US$)	125,837,738
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	125,837,738
Total offers for selling (US$)	—–

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

I have sworn upon the altar of God eternal hostility against every form of tyranny over the mind of man. – Thomas Jefferson

* Current News *

Follow us on twitter @DinarUpdates !!

Don’t MISS – “DU NEWS TIME” w/RCookie, Mr White & Hutch in the DU CHAT ROOM – Tuesday 8:30pm EST

www.DinarUpdates.com – save as favorite

______________________________________________________________

BGG (Dinar Guru) – “The World Bank expressed its readiness to support the Iraqi government financial funding without conditions in order to support its reform program which was approved by the House of Representatives …” “it’s reform program...” – already approved by the HoR? what are they talking about? [Looks like they know what we don’t.] that’s exactly what it looks like…and in light of the MoP “printed plan” from 2012/2013…looks like “back to Plan A”…BTW – MoP (Iraq Ministry of Planning) “printed plan” from 2012/2013 = IQD worth 1.13 USD for approx. 3 years…

Dinar Updates “After Call – LIVE”!!

“Immediately following News Time!!”
Tues. 8/30 “After Call” – w/RCookie,
Mr White & Hutch

from 8/25 – Smart phone user link – Click here

______________________________________________________________

BGG (Dinar Guru) – …once they step across that “currency threshold” moving towards a “singular currency regime” – the logical solution is for the IQD to be “on par” with the USD (which they are currently using)…you do realize what I just said – RIGHT? the IQD is widely regarded as “GROSSLY UNDERVALUED”… by noted world economists… for them to move to a “single currency” there needs to be some parity once they do so…they can’t come right out and say what it is they really mean (or convey their true intentions)… but this is looking inevitable. [post 2 of 2]

______________________________________________________________

Standard & Poor’s sustains ratings on Iraq at ‘B-/B’

(IraqiNews.com) Baghdad – Standard and Poor’s financial services company has affirmed the ratings of Iraq at ‘B-/B’ with stable outlook.

S&P stated that the stable outlook incorporates expectation that the large budget and external deficits could be financed, and the conflict with ISIS will be contained.

Standard & Poor’s also predicted Iraq’s real GDP growth to fall below 2% in 2017-2019 due to the negative effects of fiscal consolidation and weak domestic demand.

RCookie: THIS IS THE NEWLY FAMOUS ARTICLE 14 FROM THE 2016 IMF MEMORANDUM ON ECONOMIC & FINANCIAL POLICIES..THAT WE DISCUSSED ON MOST RECENT CALL….

“14. The government will gradually remove remaining exchange restrictions and multiple currency practice (MCP) with a view to eliminating exchange rate distortions. Such a move towards acceptance of the obligations under Article VIII of the IMF’s Articles of Agreement will send a positive signal to the investment community that Iraq is committed to maintain an exchange system that is free of restrictions and MCPs for current international transactions and thus facilitate creation of a favorable business climate. As a first step, the Council of Ministers will approve and introduce to parliament an amendment of the Investment Law, or the CBI will issue clarifying implementing regulations, to remove the limitation on transfer of investment proceeds that gives rise to an exchange restriction (SB Table 5), as recommended by a recent technical assistance mission of the IMF. As a second step, the CBI will, by the end of 2016, make the weekly limits on the purchase of cash at the weekly foreign currency auctions indicative, in the sense that any bank requiring additional cash for their clients’ legitimate travel expenses will be able to obtain the required amount above these limits on the basis of appropriate documentation. The CBI will make the public aware of such a policy by explaining it through a press conference and on its external website…”

RCookie: AMENDMENT OF INVESTMENT LAW……OR…..THE CBI WILL ISSUE CLARIFYING IMPLEMENTING REGULATIONS TO REMOVE THE LIMITATION ON TRANSFER OF INVESTMENT PROCEEDS THAT GIVES RISE TO AN EXCHANGE RESTRICTION..AS RECOMMENDED UNDER RECENT IMF TA REVIEW…
______________________________________________________________

Be sure to join the New Dinar Updates “private” FaceBook Group…

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

BGG (Dinar Guru) – I cannot see how anyone is actually following the financial details of this thing and not be thoroughly EXCITED about where we are (finally!)…One point that gets missed alot – they have signed deals and agreed to remove and adhere to a more “international standard” regarding their internal MCPs… (…”multi-currency practices”)… THIS IS HUGE… MCPs coming to an end…this is a big point in their whole “economic reform package” – it is a complete overhaul… MCPs and currency being only one point of the program…even until recently – they are still (or have been) operating under some odd MCPs. The WB and IMF doesn’t like it…they have agreed to change – are taking direct action and have taken on breath-taking reforms daily…it’s happening before our very eyes…and my final thought is this… [post 1 of 2….stay tuned]

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

Reports: secret negotiations conducted by the United Nations to resolve the Justice and Accountability Act

______________________________________________________________

For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…

http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS
______________________________________________________________

DU NEWS RECAP by RCookie

(from) THURSDAY AUGUST 25th, 2016

SECURITY

JOINT OPERATIONS CONFIRM FULLY EDITED QARRAYAH AND IRAQI FLAG RAISED OVER THE BUILDINGS…INTERNATIONAL COALITION CONDUCTS 14 SORTIES ON ISIS IN IRAQ & SYRIA…36 ISIS ELEMENTS KILLED ON IRAQI AIRWAYS RAID AND ISIS POLICE HEADQUARTERS DESTRUCTION IN MOSUL…ABADI & SYRIAN FOREIGN MINISTER MEET TO DISCUSS SECURING THE BORDER BETWEEN THE 2 COUNTRIES…ISF ANNOUNCES KILLING OF AL-BAGHDADI AIDE ABU HAMZA UZBEK…ISF JOINT COMMAND ANNOUNCE 1300 ISIS ELEMENTS HAVE BEEN KILLED IN KHALIDIYAH ISLAND SINCE BEGINNING OF OPERATION…IRAQ RECEIVES SECOND DELIVERY OF CZECH L-159 FIGHTER AIRCRAFT SINCE NOV 2015 TO BALSD AIRBASE NORTH OF BAGHDAD WITH 31 IRAQI PILOTS TRAINING FOR THE 15 TOTAL AIRCRAFT THAT WILL MAKE UP THE FLEET…

GENERAL

ABADI ASKS LEADERS OF NATIONAL ALLIANCE TO STOP IRAQI-ARAB INFLAMMATORY STATEMENTS… AWAD AL AWADI ISSUES PUBLIC APOLOGY TO JABOURI AND HOUSE FOR PERSONAL ATTACK AGAINST HIM CONCERNING AMNESTY LAW…APPROVAL OF CONSTRUCTION FOR 35,000 HOUSING UNITS IN KURDISTAN FOR DISPLACED….SALEH STATES THAT IRAQI STATE INSTITUTIONS EMPLOY 4.5 MILLION CITIZENS AND WILL BE FREEZE IN 2017 BUDGET EXCEPT FOR DOCTORS & HEALTH POSITIONS IN AREAS OF NATIONAL NEED ADDRESSED…INFORMED POLITICAL SOURCES REVEAL ZEBARI WILL REVEAL BANK SECURITY OFFICIALS OVERGROWN ACCOUNTS & CORRUPT DEALS OF MEMBERS OF GOV’T IN HIS QUESTIONING TODAY…2017 BUDGET OVERVIEW…102 TRILLION IQD ($85 BILLION USD). WITH 32 TRILLION IQD ($26.6 BILLION USD) DEFICIT 70 TRILLION TOTAL REVENUES ($58 BILLION USD) AND OIL PRICED AT $35 @ 3.6 MBPD…IRAQI DISPLACED FROM HISAKA RETURNING TO THEIR HOMES…JABOURI & ABADI DECLARE THAT QAYYARAH VICTORY IS QUALITATIVE BREAKTHROUGH FOR EXPEDITIOUS FINAL VICTORY IN MOSUL & NINEVEH…ABADI MEETS WITH GROUP OF US CONGRESSMAN DISCUSS SUPPORT FOR MOSUL LIBERATION & CARE FOR DISPLACED…ABADI STATES THAT HE DOES NOT WANT A MINISTER OF THE INTERIOR AS “IT IS NOT CONSISTENT WITH ME”…SADR WARNS THAT MALIKI WILL MOVE TO TRANSFORM THE GOVERNMENT IN IRAQ TO MILITIA RULE…

BUSINESS/FINANCE/ECONOMY

OIL AT $48.95…GOLD FALLS TO LOW OF 216,000 IQD TO THE WEIGHT…DEPUTY GOVERNOR OF CBI ALI AKBAR DIES ON OPERATING TABLE IN LONDON AS ONE OF IRAQ’S LEADING FINANCIAL & ECONOMIC ACTORS HAILS MASUM…SUPREME JUDICIAL COUNCIL ANNOUNCES FORMATION OF SPECIALIZED INVESTMENT COURTS TO RESOLVE DISPUTES & APPEALS IN ALL PROVINCES…KUWAITI COMPANY ZAIN IRAQ ANNOUNCES TAX SETTLEMENT WITH IRAQI GOVERNMENT AND UNFREEZING ASSETS AFTER MEETING BETWEEN ZEBARI AND MANAGING DIRECTOR OF THE 11.2 MILLION CUSTOMER BASE BUSINESS THAT CONTROLS 38% MARKET SHARE…REAL ESTATE BANK GEN MANAGER ANNOUNCE NEW INSTRUCTIONS FOR LOAN APPLICATIONS CREDIT PLAN… JAPANESE DELEGATION FROM TOYOTA UNDERLINES THE IMPORTANCE OF BRINGING INVESTORS INTO IRAQ IN MEETING WITH ABADI…GENERAL COMPANY FOR LAND TRANSPORT MINISTER MUHAMMADAWI ANNOUNCES SIGNING OF BIGGEST CONTRACT IN COMPANY HISTORY WITH FRENCH COMPANY LAFARGE FOR TRANSFER OF CEMENT WITH EFFORTS TO IMPROVE RELATIONSHIPS WITH INTERNATIONAL COMPANIES…TRANSPORT ANNOUNCE OPENING OF RIVER TAXI IN NAJAF PROVINCE…KIRKUK GOVERNATE AND GOVERNOR KARIM ANNOUNCES OPENING OF SECOND PHASE INDUSTRIAL CITY AT COST OF $250 MILLION UNDER THE COMPANY NAME “PEOPLE OF A UNITED KIRKUK” AND 1ST PHASE STARTED IN 2013 WITH GOV’T OFFICIALS BUSINESSMEN AND INVESTORS IN ATTENDANCE…ECONOMIST HASHIMI ASSERTS THE ESTABLISHMENT OF SOVEREIGN FUND NECESSARY TO PROVIDE FOR FUTURE OF IRAQ AND PROVIDE INVESTMENT IN FUTURE GENERATIONS USING SUCCESSFUL TEMPLATE OF KUWAIT’S ESTABLISHED IN 1953…

PARLIAMENT

JABOURI CONFIRMS COMPLETION OF SPECIAL COMMITTEE MEETING AMENDMENTS TO GENERAL AMNESTY LAW…PARLIAMENTARY HEALTH FORMS INVESTIGATIVE COMMITTEE TO LOOK INTO FIRE AT UPPER HOSPITAL….PARLIAMENT VOTES ON 4TH, 5TH & 8TH ARTICLE OF AMNESTY LAW WHICH WAS ONE OF THE CONTENTIOUS PARTS & NOW VOTING ON LAW IN FULL…JABOURI DECLARES THE MP’S VOTE ON DISMISSAL OF OBEIDI WILL BE PRIVATE SECRET BALLOT AWAY FROM HEADS OF BLOCS & OBEIDI TO INFLUENCE AND RECUSED HIMSELF FROM CHAIRING VOTE..…PARLIAMENT SESSION RESUMES AFTER HALF HOUR BREAK WITH QUORUM OF 245 DEPUTIES….JABOURI ANNOUNCE THERE WERE 15 EXCEPTIONS WITHIN GENERAL AMNESTY LAW…PARLIAMENT ANNOUNCE 253 DEPUTIES VOTED ON WITHDRAWAL CONFIDENCE OF OBEIDI IN SECRET BALLOT OBEIDI IS OUT AS MoD WITH 142 VOTES…ABADI STATES “THERE ARE INTENSIVE CONTACTS TO RESOLVE THE CABINET RESHUFFLE IN ITS ENTIRETY”…PARLIAMENT ISSUES TRAVEL BAN AGAINST OBEIDI UNTIL HE ANSWERS TO CORRUPTION CHARGES…NASSIF STATES “DEFENSE MINISTER NOT ONLY CORRUPT BUT HANDS STAINED WITH BLOOD OF THE CROWD AND THE ARMY… PARLIAMENT FINANCE COMMITTEE MP SARHAN ANNOUNCES THE GOVERNMENT (FEDERAL) BANKING LAW IS ON THE TABLE OF PARLIAMENT READY FOR VOTE…PARLIAMENT RAISING SESSION SATURDAY AFTER COMPLETION OF ZEBARI QUESTIONING…PARLIAMENT FINANCE COMMITTEE MP TAMIMI REQUEST THAT ABADI DEKONSTRATE BUDGET EXPENDITURES & DISBURSEMENTS FOR 2015 & 2016 BUDGETS BEFORE APPROVAL OF 2017 BUDGET LAW DRAFT…ISLAMIC SUPREME COUNCIL ASSERTS IRAQ HAS MORE THAN 250,000 PARCELS OF LAND AND REAL ESTATE THAT WILL STIMULATE THE NATIONAL ECONOMY…
______________________________________________________________

CURRENCY	CODE	SELL	BUY
US dollar	USD	1182.000	1180.000
Euro	EUR	1320.294	1319.634
British pound	GBP	1546.647	1545.874
Canadian dollar	CAD	907.904	907.450
Swiss franc	CHF	1208.713	1208.108
Swedish krona	SEK	139.278	139.209
Norwegian krone	NOK	142.379	142.308
Danish krone	DKK	177.336	177.248
Japanese yen	JPY	11.597	11.592
Special Drawing Rights	SDR	1650.911	1650.086

Indicative rates – 08.30.2016

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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Dinar Daily NEWS Blog – August 29th

Posted on August 29, 2016 by BGG

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 08-29-16

Currency Auctions Announcement No. 3269

This daily currency auction was held in the Central Bank of Iraq on the 08-29-2016

The results were as follows:

DETAILS	NOTES
Number of banks	32
Number of remittance companies	15
Auction price selling dinar / US$	1182
Auction price buying dinar / US$	—–
Amount sold at auction price (US$)	133,530,024
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	133,530,024
Total offers for selling (US$)	—–

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

God grants liberty only to those who love it, and are always ready to guard and defend it. – Daniel Webster

* Current News *

Follow us on twitter @DinarUpdates !!

Don’t MISS – “DU NEWS TIME” w/BGG and a “Special Guest” in the DU CHAT ROOM – Monday 8:30pm EST

www.DinarUpdates.com – save as favorite

______________________________________________________________

Dinar Updates “After Call – LIVE”!!

“Immediately following News Time!!”
Tues. 8/30 “After Call” – w/RCookie,
Mr White & Hutch

from 8/25 – Smart phone user link – Click here

______________________________________________________________

Breitling (Dinar Guru) – …Iraq has always stated they want to get down to a billion notes…the last report that I’ve seen they were at 4 billion notes. Since then they have gotten rid of the 50 dinar note. 80 to 85% of their currency is the 25K note. They are introducing the 50K note and the 100K note…they haven’t done it yet but if they do that is going to allow them to take a certain amount of 25k notes off the market and it’s going to reduce the note count even more. Pushing forward there is no bad new here. People are in panic mode cause it’s complete opposite of what they think. If you strictly go by the numbers the dinar is a phenomenal opportunity, it hasn’t changed. How many countries are out there saying they’re going to add value to their currency? There’s only one. Not only that but they created a checklist on exactly what they need to do to add value to their currency…they said eventually they were going to reduce the note count and they’ve hit every flip’n mark and people are still blind to it!

______________________________________________________________

Standard & Poor’s sustains ratings on Iraq at ‘B-/B’

(IraqiNews.com) Baghdad – Standard and Poor’s financial services company has affirmed the ratings of Iraq at ‘B-/B’ with stable outlook.

S&P stated that the stable outlook incorporates expectation that the large budget and external deficits could be financed, and the conflict with ISIS will be contained.

Standard & Poor’s also predicted Iraq’s real GDP growth to fall below 2% in 2017-2019 due to the negative effects of fiscal consolidation and weak domestic demand.

RCookie: THIS IS THE NEWLY FAMOUS ARTICLE 14 FROM THE 2016 IMF MEMORANDUM ON ECONOMIC & FINANCIAL POLICIES..THAT WE DISCUSSED ON MOST RECENT CALL….

Be sure to join the New Dinar Updates “private” FaceBook Group…

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

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

rcookie (Dinar Guru) – Article: “Government Basra suffered projects in front of the World Bank for a loan to be implemented” Quote: “…for his part, the regional Director of the World Bank Farid Belhaj the projects that the World Bank has financed prejudice directly in the lives of citizens…” THE INT’L AGENCIES ACTING AS A DIRECT LENDING AGENT TO THE PROVINCES FOR DEVELOPMENT PROJECTS…WHICH FACILITATES THE TRANSFER OF POWERS FROM THE CENTRAL TO THE PROVINCES… CUTTING OUT THE CORRUPT MIDDLEMAN…AND IN THE END ASSURING THE FUNDING OF THESE CRITICAL INFRASTRUCTURE PROJECTS GETS TO SOURCE IT WAS INTENDED FOR…GREAT NEWS FOR THEM!

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

Urgent parliament majority vote to withdraw confidence from the Secretary of Defense

Parliament majority vote to withdraw confidence from the Secretary of Defense
[Oan- Baghdad] the voice of the House of Representatives, a majority approval to withdraw confidence from the Defense Minister Khaled al – Obeidi ..itba
According to a parliamentary source told all of Iraq [where] that “142 deputies voted in favor of the withdrawal of confidence in a secret ballot, while 102 deputies voted no, while 18 deputies abstained, and one blank paper” follows ..

______________________________________________________________

For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…

http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS
______________________________________________________________

DU NEWS RECAP by RCookie

(from) THURSDAY AUGUST 25th, 2016

SECURITY

GENERAL

BUSINESS/FINANCE/ECONOMY

PARLIAMENT

CURRENCY	CODE	SELL	BUY
US dollar	USD	1182.000	1180.000
Euro	EUR	1334.478	1333.811
British pound	GBP	1560.358	1559.578
Canadian dollar	CAD	912.953	912.496
Swiss franc	CHF	1221.958	1221.347
Swedish krona	SEK	140.726	140.656
Norwegian krone	NOK	144.266	144.194
Danish krone	DKK	179.216	179.126
Japanese yen	JPY	11.767	11.761
Special Drawing Rights	SDR	1660.154	1659.324

http://www.cbi.iq/

Indicative rates – 08.29.2016

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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Dinar Daily NEWS Blog – August 28th

Posted on August 28, 2016 by BGG

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 08-28-16

Currency Auctions Announcement No. 3268

This daily currency auction was held in the Central Bank of Iraq on the 08-28-2016

The results were as follows:

DETAILS	NOTES
Number of banks	32
Number of remittance companies	15
Auction price selling dinar / US$	1182
Auction price buying dinar / US$	—–
Amount sold at auction price (US$)	130,888,027
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	130,888,027
Total offers for selling (US$)	—–

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

I want a government small enough to fit inside the Constitution. – Harry Browne

* Current News *

Follow us on twitter @DinarUpdates !!

Don’t MISS – “DU NEWS TIME” w/BGG and “Special Guest” in the DU CHAT ROOM – Sunday 7:30pm EST

www.DinarUpdates.com – save as favorite

______________________________________________________________

rcookie (Dinar Guru) – Article: “Documentation” general amnesty law passed by the Iraqi parliament today” PUT THIS ONE IN A GOLD FRAME! Article: “Jubouri: Parliament pasts passage of important legislation and wait for Justice and Accountability Act” WOW!!…SCHEDULED FOR TUESDAY 30TH…BUT THEY ARE WORKING ON VERBIAGE OF CONTENTIOUS ARTICLE WITHIN THE LAW…JUST LIKE GEN AMNESTY… THIS IS GOOD! JUST WHAT THE IMF ORDERED…THIS IS GETTING REALLY INTERESTING!

Dinar Updates “After Call – LIVE”!!

“Immediately following News Time!!”
Mon. 8/29 “After Call” – w/RCookie,
Mr White & Hutch

from 8/25 – Smart phone user link – Click here

______________________________________________________________

rcookie (Dinar Guru) – Article: “Start counting the votes to withdraw confidence from the Secretary of Defense, or lack thereof Obeidi in questioning session” Quote: “Parliament has been made to withdraw confidence from the Minister of Defense secret ballot.” OBEIDI IS GONE!

______________________________________________________________

Standard & Poor’s sustains ratings on Iraq at ‘B-/B’

(IraqiNews.com) Baghdad – Standard and Poor’s financial services company has affirmed the ratings of Iraq at ‘B-/B’ with stable outlook.

S&P stated that the stable outlook incorporates expectation that the large budget and external deficits could be financed, and the conflict with ISIS will be contained.

Standard & Poor’s also predicted Iraq’s real GDP growth to fall below 2% in 2017-2019 due to the negative effects of fiscal consolidation and weak domestic demand.

RCookie: THIS IS THE NEWLY FAMOUS ARTICLE 14 FROM THE 2016 IMF MEMORANDUM ON ECONOMIC & FINANCIAL POLICIES..THAT WE DISCUSSED ON MOST RECENT CALL….

RCookie: AMENDMENT OF INVESTMENT LAW……OR…..THE CBI WILL ISSUE CLARIFYING IMPLEMENTING REGULATIONST REMOVE THE LIMITATION ON TRANSFER OF INVESTMENT PROCEEDS TGAT GIVES RISE TO AN EXCHANGE RESTRICTION..AS RECOMMENDED UNDER RECENT IMF TA REVIEW…
______________________________________________________________

Be sure to join the New Dinar Updates “private” FaceBook Group…

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

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

Breitling (Dinar Guru) – Getting questions about the 100K and 50K dinar notes…are they going in the wrong direction and will this delay the RV? No it will not. The CBI has said they are going to reduce the note count. They are going to introduce new notes even notes that are worth a tenth of a penny likes yours and mine, the 50K note , the 100K but eventually they are going to introduce the lower notes and these will commingle and both will gain value for about a two year period…and that is what the CBI has said…the 100K notes and the 50K notes is about reducing the note count…This is a not a threat…this is a good thing, a very good thing for us. …Instead of four 25K notes they only need one 100K note. That’s going to help them later on down the road…There is no reason AT ALL to introduce the 50K or 100k note if they are not going to revalue the currency and add value to it.

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

Urgent parliament majority vote to withdraw confidence from the Secretary of Defense

______________________________________________________________

For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…

http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS
______________________________________________________________

DU NEWS RECAP by RCookie

(from) THURSDAY AUGUST 25th, 2016

SECURITY

GENERAL

BUSINESS/FINANCE/ECONOMY

PARLIAMENT

CURRENCY	CODE	SELL	BUY
US dollar	USD	1182.000	1180.000
Euro	EUR	1334.478	1333.811
British pound	GBP	1559.885	1559.105
Canadian dollar	CAD	913.658	913.202
Swiss franc	CHF	1224.744	1224.131
Swedish krona	SEK	140.647	140.577
Norwegian krone	NOK	143.846	143.774
Danish krone	DKK	179.267	179.178
Japanese yen	JPY	11.767	11.761
Special Drawing Rights	SDR	1660.237	1659.407

Indicative rates – 08.28.2016

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

Dinar Daily NEWS Blog – August 27th

Posted on August 27, 2016 by BGG

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 08-25-16

Currency Auctions Announcement No. 3267

This daily currency auction was held in the Central Bank of Iraq on the 08-25-2016

The results were as follows:

DETAILS	NOTES
Number of banks	31
Number of remittance companies	15
Auction price selling dinar / US$	1182
Auction price buying dinar / US$	—–
Amount sold at auction price (US$)	136,030,555
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	136,030,555
Total offers for selling (US$)	—–

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

Hiring a president solely on the basis of ideology is like hiring a mechanic solely because you like the same brands of cars. – Will Spencer

* Current News *

Follow us on twitter @DinarUpdates !!

Don’t MISS – “DU NEWS TIME” w/BGG and “Special Guest” in the DU CHAT ROOM – Sunday 7:30pm EST

www.DinarUpdates.com – save as favorite

VITAL INFO JUST OUT…

IRQSBADISB2016-19

______________________________________________________________

Dinar Updates “After Call – LIVE”!!

“Immediately following News Time!!”
Mon. 8/29 “After Call” – w/RCookie,
Mr White & Hutch

from 8/25 – Smart phone user link – Click here

______________________________________________________________

Standard & Poor’s sustains ratings on Iraq at ‘B-/B’

(IraqiNews.com) Baghdad – Standard and Poor’s financial services company has affirmed the ratings of Iraq at ‘B-/B’ with stable outlook.

S&P stated that the stable outlook incorporates expectation that the large budget and external deficits could be financed, and the conflict with ISIS will be contained.

Standard & Poor’s also predicted Iraq’s real GDP growth to fall below 2% in 2017-2019 due to the negative effects of fiscal consolidation and weak domestic demand.

RCookie: THIS IS THE NEWLY FAMOUS ARTICLE 14 FROM THE 2016 IMF MEMORANDUM ON ECONOMIC & FINANCIAL POLICIES..THAT WE DISCUSSED ON MOST RECENT CALL….

Be sure to join the New Dinar Updates “private” FaceBook Group…

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

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

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

Urgent parliament majority vote to withdraw confidence from the Secretary of Defense

______________________________________________________________

For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…

http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS
______________________________________________________________

DU NEWS RECAP by RCookie

(from) THURSDAY AUGUST 25th, 2016

SECURITY

GENERAL

BUSINESS/FINANCE/ECONOMY

PARLIAMENT

CURRENCY	CODE	SELL	BUY
US dollar	USD	1182.000	1180.000
Euro	EUR	1331.878	1331.212
British pound	GBP	1565.204	1564.422
Canadian dollar	CAD	913.447	912.990
Swiss franc	CHF	1224.870	1224.258
Swedish krona	SEK	140.993	140.922
Norwegian krone	NOK	144.050	143.978
Danish krone	DKK	178.939	178.850
Japanese yen	JPY	11.779	11.773
Special Drawing Rights	SDR	1660.533	1659.702

http://www.cbi.iq/

Indicative rates – 08.27.2016

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

Dinar Daily NEWS Blog – August 25th

Posted on August 25, 2016 by BGG

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 08-25-16

Currency Auctions Announcement No. 3267

This daily currency auction was held in the Central Bank of Iraq on the 08-25-2016

The results were as follows:

DETAILS	NOTES
Number of banks	31
Number of remittance companies	15
Auction price selling dinar / US$	1182
Auction price buying dinar / US$	—–
Amount sold at auction price (US$)	136,030,555
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	136,030,555
Total offers for selling (US$)	—–

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

Americans have the will to resist because you have weapons. If you don’t have a gun, freedom of speech has no power. – Yoshimi Ishikawa

* Current News *

VITAL INFO JUST OUT…

IRQSBADISB2016-19

Dinar Updates “After Call – LIVE”!!

“Immediately following News Time!!”
Thurs. 8/25 “After Call” – w/RCookie,
Mr White & Hutch

Smart phone user link – Click here

______________________________________________________________

Enorrste (Dinar Guru) – Article: “Central bank: Print category 100 000 dinars , and we are waiting for official approval lowered into the market” The reason there is low liquidity in the markets in Iraq is because instead of using their dinars many people are holding them in their mattresses. Thus the CBI has been forced to raise the money supply, not because it wants to but because the economy would collapse otherwise. The introduction of the 50k and 100k notes is directed to solving this liquidity problem, not by just injecting new cash into the market…so that they can draw out the 25k notes from people’s mattresses. There is also a stated goal to have bills roughly equivalent to our $50 and $100 notes. If they are successful these new bills will draw out the 25k notes which will be destroyed… The result will be a reduction in the money supply back to 40 trillion dinars as the article states. This plan of introducing the larger notes has a goal of stopping the rise in the money supply…It is necessary because the people are not yet confident in using banks. [post 1 of 3….stay tuned]

Follow us on twitter @DinarUpdates !!

Don’t MISS – “DU NEWS TIME” w/RCookie, Mr White and Hutch in the DU CHAT ROOM – Thursday 7:30pm EST

www.DinarUpdates.com – save as favorite!

______________________________________________________________

Enorrste (Dinar Guru) – Once the ball starts rolling and these 25k notes get pulled out then the value of the dinar can be allowed to rise (float). Until they get those notes out of circulation, however, the value cannot rise and won’t. If it did then all of the hoarders would become millionaires, which isn’t going to happen. So it is a process, and the introduction of the large notes is a part of the process to entice the people to give up their 25k notes. The reduction in paper by 2 to 4 times (each 50k removes 2 25k notes and each 100k removes 4 25k notes) will enable the CBI to then reduce the money supply by allowing the VALUE of money to rise. As it does rise the 100k note will become too valuable to hold in a mattress and people will put them in banks if for no other reason than for safety and security. Once there they will move to the CBI which will destroy them. [post 2 of 3….stay tuned]

______________________________________________________________

Iraqi parliament lifted “accountability and justice” of today’s meeting agenda

Twilight News / decided the presidency of the Iraqi parliament lifted paragraph accountability and justice from the agenda of today’s meeting.

Iraqi Council of Representatives held its regular Tuesday the current legislative term, which will include reading and discussing several draft laws, notably the popular crowd Law Project, and the completion of a vote on the amnesty law in addition to the issue of withdrawal of confidence from Defense Minister Khaled al-Obeidi. And it includes the agenda of the meeting, complete the vote on the draft Aalloam law, but the chairman of the parliament decided this morning, lifting a paragraph vote on the draft accountability and justice and the prohibition of the Baath Party Act.

It also includes the procedures of Article 61 of the Constitution and rules of procedure regarding the questioning of the Minister of Defense. And also due to the parliament to vote on the proposed abolition of the dissolved Revolutionary Command Council Resolution Act (80) for the year 2000, the vote on the proposal to cancel the dissolved Revolutionary Command Council Resolution Act (213 of 2002), and to vote in principle to the draft Victims Justice Act. And it includes a session to vote on the recommendations concerning the obstacles to liberalization of Nineveh province, process, and report to the Security and Defense Committee about the terrorist bombing in the Karrada district, and the report of the Committee on the affairs of the member parliamentary development on the subject show lift the immunity of MPs requests.

The Council will discuss the general issue regarding the lifting of all the abuse on the marshes. (MP Sunrise Alabegi), with the first reading of a proposed law to the board of the popular crowd and the forces of him. (4 items), and the first reading of the draft accession of the Republic of Iraq to the Convention on the Conservation of Migratory Birds of African / Eurasian water.

As well as the parliament session included the first reading of the proposed law to amend the Penal Code No. (111) for the year 1969. (Commission Alemraeh, Family and Children, the Legal Committee), and the report and discuss the first draft amendment to the law of the Unified Retirement Law No. (9) for the year 2014. And it includes the meeting report and discuss the first draft amendment to the law take care of minors Law No. (78) for the year 1980, the report and discuss the draft law on ratification financial agreement relating to a loan of the World Bank submitted to the Republic of Iraq, signed on 03.02.2014 Law, and report and discuss the draft to exempt foreign companies and subcontractors Law foreign contractors in licensing rounds decades of fees. It also includes a report and discussion of the proposed Act to amend the Companies Act No. 21 of 1997 as amended, and the report and discussion of the draft accession of the Republic of Iraq to the Maritime Labour Convention of 2006 and the accession of the Republic of Iraq to the identity documents sailors No. Convention on the Law (185) for the year 2003, and the report and discuss a bill board Iraqi Atomic energy.

Read More: http://www.dinarupdates.com/showthread.php?39511-Iraqi-parliament-lifted-quot-accountability-and-justice-quot-of-today-s-meeting-agenda
______________________________________________________________

Be sure to join the New Dinar Updates “private” FaceBook Group…

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

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

Enorrste (Dinar Guru) – This is the plan. It has been laid out clearly and logically for well over a year. We should expect that its implementation (the 50k came out 6 month ago) will continue until the CBI is ready to float the currency in early 2017 or slightly before. Once that happens the value of the dinar will rise and eventually the 200, 100 and 50 dinar notes will be circulated. By that time the 50k and 100k notes will have become history. [post 3 of 3]

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

Iraq: 21 international investigators to examine the prime ministers of corruption files

Baghdad – Informed government sources within the office of Iraqi Prime Minister Haider al-Abadi, “the new Arab”, the 21 international investigators will arrive in Baghdad at the end of this month to start an investigation into financial corruption files, based on a memorandum of understanding signed by the Iraqi government with the United Nations last week

This comes amid a great interception by Iraqi political parties considered the government’s move as casting doubt on the judiciary and allowing insulting the important figures in the country through her interrogation by international specialists. –

According to private sources in the office of Iraqi Prime Minister Haider al-Abadi, speaking for “the new Arab”, the international investigators, all Western, except for Arabic and one from Jordan, were given full freedom to scan files and documents and review the records and documents of the ministries and the central bank and the Financial Inspection Office in Baghdad, In light of the agreement with the United Nations last week.

The prime minister, Haidar al-Abbadi, a formal request from the United Nations assist in revealing the fate of the $ 361 billion is missing from the budgets of the country between 2004 and 2014, as well as the fate of the thousands of projects and investments in electricity, housing and agriculture sectors.

And in spite of the state spending on those sectors a total of $ 98 billion over ten years.

According to the same sources, the team awarded the investigation with the former prime minister, Iyad Allawi, the validity of illusion (2004 to 2005) and Ibrahim al-Jaafari (2005 to 2006) and Nuri al-Maliki (2006 to 2014), as well as former ministers.

The team will be able to investigate those responsible who are currently out of the country, thanks to the status of the UN team, which enables him so.

Efforts to fight corruption in Iraq since 2003, did not succeed, and even now, as reports indicate that the total thefts of public money in the country amounted to about $ 850 billion.

The cause of corruption in the institutions and departments of the Iraqi state in many of the security and economic problems, prompting thousands of Iraqis to get out in massive demonstrations demanding the submission of the corrupt to justice.

And demanded Iraqi politicians, on several occasions, bringing in experts and international investigators to uncover the files of corruption in the Iraqi government and its various institutions, to banish the specter of political and partisan armed and effects of the investigation, and to be fair and impartial and independent.

The office issued Iraqi Prime Minister Haider al-Abadi, a statement, last Thursday, in which he stated that “the Iraqi side signed a memorandum of understanding with the United Nations Organization, in order to bring in international investigators and the involvement of specialists, to detect large files of corruption in the country.”

This comes at a time when popular demands in Iraq continues to expose the corruption of large files, Kcefqat arms and explosives detectors and oil licensing rounds that has wasted billions of dollars from the state budget.

And facing the Iraqi Integrity Commission, specialized in exposing corruption files, accusations of not being serious in resolving those files and cover up the other by the jurists, politicians and protesters demanding the body need to resolve those outstanding issues after the detection of the Iraqi people and present them to justice.

Observers considered that the participation of international investigators in uncovering the corruption in Iraq comes in continuation of the political reforms launched by mid-2015, Iraqi Prime Minister Haider al-Abadi Following mass demonstrations demanded that the fight against corruption.

He was vice president, Iyad Allawi, earlier called for the need to bring in international investigators to uncover corruption in Iraq accumulated files and resolution and submit it to the Iraqi judiciary.

He said analysts and experts that the participation of international experts in the fight against corruption in Iraq is a very important step to detect corrupt files and find out the fate of the money looted from the country.

In this regard, he said Iraqi economist Salim al-Jumaili, for “new Arab”, “The government has an important step Abadi contract with the United Nations and international investigators to uncover corruption files in Iraq since 2003.

The investigations include money smuggling and smuggling of oil contracts and armament. ”

Jumaili said that “investigations involving phantom contracts concluded in the reign of the former prime minister, Nuri al-Maliki, and the operations of smuggling gold and the dollar, which the Iranian economy saved from collapse, and all the calculations of the Central Bank and money laundering.”

He pointed out that “the investigation will be long and will reveal the extent of corruption and remove the mask the true face of religious parties and leaders of the ruling economic and its arms.” He expressed the hope that the United Nations strict procedures, in order to prevent the corruption of international investigators or blur the results of the investigation for political or security purposes, and that the results announced in front of the Iraqi people and the world.

Many of the lawyers, experts and relies on international investigations to uncover the files of corruption in Iraq since 2003 and that caused the waste of billions of dollars of Iraq’s budget through successive governments, arguing that international investigations are best able to disassociate Bmhakekayaa for partisan political influences and buy Zmmanm, as is currently happening in Iraq.

And still hundreds of files relating to corruption belong to the military, security and economic aspects are stuck, are not exposed because of political pressure from the ruling parties and blocs in the country, with many political parties are trying to prevent pressure to open those files internationally, according to sources.

And assumed the political parties of the ruling companies, is responsible for the reconstruction of Iraq file, and the result was that the Integrity Commission has issued arrest of 22 ministers and 335 as general manager, all of whom belong to the current political parties that ruled the country, on charges of financial corruption and pass deals companies, local and foreign orders. But the political blocs were able to disable the arrest warrants against officials.

For his part, spokesman for the Iraqi government , Saad al – Hadithi, Iraq used the international investigators in the corruption files, and that the presence of those investigators will ensure impartial investigations and to get rid of the pressure that may be exerted on the Iraqi interrogator.

He pointed out that “the issue of corruption in Iraq spiky and very large and the accumulation of many years ago.” He said that “this note will work on the investigation of corruption cases a priority, there will be training and rehabilitation of the Iraqi competencies through these investigations.”

He attributed the causes of newborn hire investigators to Iraq pressure that might be exerted on the Iraqi interrogator.

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______________________________________________________________

DU NEWS RECAP by RCookie

SATURDAY AUGUST 21st, 2016

PARLIAMENT

PARLIAMENT LEGAL ASSERTS DRAFT AMNESTY LAW COVERS NOT ONLY IRAQI CITIZENS PRISONERS & CONVICTS…COALITION FORCES POLITICAL BLOC MP MASHHADANI STATES GENERAL AMNESTY WILL PASS A HEARING IN PARLIAMENT ON MONDAY AND BE PUT TO VOTE…NATIONAL ALLLIANCE MP ASSERTS ACCOUNTABILITY AND JUSTICE LAW WILL BE PRESENTED FOR VOTE ON TUESDAY 23RD AFTER ALL CONTENTIOUS ARTICLES AGREED UPON AND HAVING ALREADY RECEIVED ITS 2ND READING…IRAQI CABINET APPROVES 26 BILLION IQD ALLOCATION & DISBURSEMENT OF FUNDS FOR GENERAL SERVICES UPGRADE PROJECTS IN WASIT AND DIWANIYAH…PARLIAMENT LEGAL ASSERTS REDUCTION OF HOUSE MEMBERS DOES NOT REQUIRE CONSTITUTIONAL AMENDMENT…INTEGRITY REJECTS CRIMES OF CORRUPTION INCLUSION IN GENERAL AMNESTY LAW…ABADI SPOKESMAN SABRI ASSERTS THAT ABADI WILL RELEASE NAMES FOR REMAINING 3 CABINET POSITIONS IN THE NEAR TIMES…ABADI OFFICE SPOKESMAN ANNOUNCES THE ARRIVAL OF 21 INTERNATIONAL INVESTIGATORS TO BAGHDAD BY END OF AUGUST TO BEGIN INVESTIGATING FINANCIAL CORRUPTION FILES AS PART OF MoU WITH UNITED NATIONS AFTER SERIOUS EFFORTS BY POLITICAL BLOCS TO INTERCEPT THIS ACTION & INFLUENCING JUDICIARY AND INVESTIGATIVE ACTIONS TO QUESTION IMPORTANT FIGURES BY INTERNATIONAL EXPERTS 19 WESTERN 1 ARAB 1 JORDAN BEING GIVEN FULL ACCESS & FREEDOM RTO REVIEW RELEVANT DOCUMENTS OF THE CBI & FINANCIAL INSPECTORS OFFICE IN PURSUIT OF $361 BILLION IN MISSING STATE FUNDS FROM 2004-2014, AND COVERING ALLAWI, JAFAARI AND MALIKI REGIMES AND RELATED MINISTERS AND INCLUDE THOSE CURRENTLY RESIDING OUTSIDE OF COUNTRY…

SECURITY

30 ISIS ELEMENTS KILLED ON ALKRTAN REGION IN EASTERN RAMADI ISF AIR STRIKES…IRAQI ARMY JOINT SPECIAL FORCES DEMANDING MOSUL RESIDENTS NOT FLEE THE CITY….RUSSIA CALLS ON IRAQ TO SHUT DOWN AIRPORTS IN ERBIL & SULIMINAYAH SO TO CONDUCT MASSIVE ISIS OPERATION IN SRIA USING SURFACE TO AIR WEAPONS…45 ISIS ELEMENTS KILLED IN INT’L COALITION AIR RAIDS IN EASTERN MOSUL …UN CALLS FOR ALL PARTIES TO RESPECT ALL HUMAN RIGHTS IN MOSUL LIBERATION OPERATIONS…15 ISIS ELEMENTS KILLED IN ISLAND AREA EAST OF RAMADI…MINISTRY OF PEHMERGA DECLARES “OUR TROOPS WILL NOT FALL UNDER LEADERSHIP AND ORDERS OF THE FEDERAL GOVERNMENT”…19 LEADERS OF ISIS KILLED IN ISF AIR RAID IN MOSUL…INTERNATIONAL COALITION FORCES LAUNCH 28 SORTIES ON ISIS IN IRAQ AND SYRIA,,,ISF FORCES IN FINAL PREPARATION OF HUGE FIRESTORM AGAINST ISIS IN QARRAYAH…ISF AIR FORCES CONTINUE TO DROP MILLIONS OF LEAFLETS ON MOSUL & QARRAYAH…

GENERAL

NEW REPORTS THAT A MAJOR NEW OIL DEAL BETWEEN BAGHDAD AND ERBIL IS IMMINENT..NEW EDUCATION MINISTER ANNOUNCES PLANS TO UPGRADE UNIVERSITIES IN IRAQ….36 AIRLINE FLIGHTS AND 71 LAND USES DELIVERING PILGRIMS TO HOLY LAND THROUGH START OF 1ST WEEK CELEBRATIONS THROUGH ARAR BORDER POINT…REFORM FRONT SUBMITS REPORT THAT PRISONERS IN IRAQI JAILS COST GOVERNMENT $60 PER DAY…JABOURI VISITS TEHRAN TO MEET WITH SENIOR IRANIAN OFFICIALS AND FOREIGN MINISTER ZARIF TODAY TO DISCUSS SECURITY UPDATES BETWEEN GOVERNMENTS WITH ZARIF CONFIRMING IRAN’S POSITION TO STAND BY THE IRAQI GOVERNMENT…NEGOTIATIONS BETWEEN ANKARA & BAGHDAD STATE DEPARTMENTS TOWARD NEW INTELLIGENCE AND SECURITY COOPERATION…MINISTRY OF TRANSPORT KAZIM ANNOUNCE THE ESTABLISHMENT OF 1ST NATIONAL ACADEMY OF AVIATION IN IRAQ…IRANIAN FOREIGN MINISTER STATES “THE STABILITY OF IRAQ WILL ENSURE THE SECURITY OF THE REGION”…

BUSINESS/INVESTMENT/ECONOMY

GOLD AT 219,00 IQD TO THE WEIGHT…OIL AT $50.88…TRANSPORT MINISTER ASSERTS “WE WILL ENTER A STRONG INPUT TO SPEED UP THE ESTABLISHMENT OF THE PORT OF FAO” AND OPENING OF PROJECT OFFICE TO OVERSEE PROJECT PROGRESS…TAMIMI STATES NEED FOR BUDGET FUND ALLOCATIONS NEEDED TO RUN PARALLEL WITH PRIVATE SECTOR FUNDING FOR MARSHES DEVELOPMENT PROJECTS & SITE MANAGEMENT WITH MINISTRIES & STAKEHOLDERS AND COMMITTEE TO OVERSEE MARSHES PROJECT PLAN SUBMITTED…KIRKUK’S OIL EXPORTS UP TO 150,000 BARRELS PER DAY THIS WEEK…BASRA GENERAL COMPANY FOR IRON & STEEL GUARANTEE OF CONTRACTS FOR SUPPLYING 100 KM SPIRAL PIPING FOR PROVINCIAL OIL PROJECTS WITH THE COMPANY PRODUCTION NOW REACHING 200,000 TONNES PER YEAR… NORTH OIL RESUMES PUMPING 100,000 BARRELS OF OIL PER DAY TO CEYHAN PIPELINE IN TURKEY VIA KRG… SALEH SPEAKING ON 2017 BUDGET METRICS SOCIAL SPENDING TO BE A PRIORITY WITH 69% TOTAL SPENDING CAP & 32% OF INVESTMENT BUDGET FOR SERVICES WITH ASSISTANCE FROM IMF LOAN TO BE UTILIZED FOR HEALTH, EDUCATION, CARE FOR DISPLACED, SOCIAL CARE AND RATION CARD ESSENTIALS ALONG WITH ELECTRICITY, WATER AND SEWERAGE SERVICES PROJECTS…
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CURRENCY	CODE	SELL	BUY
US dollar	USD	1182.000	1180.000
Euro	EUR	1331.878	1331.212
British pound	GBP	1565.204	1564.422
Canadian dollar	CAD	913.447	912.990
Swiss franc	CHF	1224.870	1224.258
Swedish krona	SEK	140.993	140.922
Norwegian krone	NOK	144.050	143.978
Danish krone	DKK	178.939	178.850
Japanese yen	JPY	11.779	11.773
Special Drawing Rights	SDR	1660.533	1659.702

http://www.cbi.iq/

Indicative rates – 08.25.2016

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Dinar Daily NEWS Blog – August 24th

Posted on August 24, 2016 by BGG

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Iraqi Dinar/Dollar auction (most recent listing) 08-24-16

Currency Auctions Announcement No. 3266

This daily currency auction was held in the Central Bank of Iraq on the 08-24-2016

The results were as follows:

DETAILS	NOTES
Number of banks	29
Number of remittance companies	15
Auction price selling dinar / US$	1182
Auction price buying dinar / US$	—–
Amount sold at auction price (US$)	133,364,925
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	133,364,925
Total offers for selling (US$)	—–

More: http://dinarupdates.com/observer/
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Iraqi parliament lifted “accountability and justice” of today’s meeting agenda

Twilight News / decided the presidency of the Iraqi parliament lifted paragraph accountability and justice from the agenda of today’s meeting.

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Read More: http://www.dinarupdates.com/observer/
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Iraq: 21 international investigators to examine the prime ministers of corruption files

And in spite of the state spending on those sectors a total of $ 98 billion over ten years.

The team will be able to investigate those responsible who are currently out of the country, thanks to the status of the UN team, which enables him so.

Efforts to fight corruption in Iraq since 2003, did not succeed, and even now, as reports indicate that the total thefts of public money in the country amounted to about $ 850 billion.

The investigations include money smuggling and smuggling of oil contracts and armament. ”

He attributed the causes of newborn hire investigators to Iraq pressure that might be exerted on the Iraqi interrogator.

______________________________________________________________

For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…

http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS
______________________________________________________________

DU NEWS RECAP by RCookie

SATURDAY AUGUST 21st, 2016

PARLIAMENT

SECURITY

GENERAL

BUSINESS/INVESTMENT/ECONOMY

CURRENCY	CODE	SELL	BUY
US dollar	USD	1182.000	1180.000
Euro	EUR	1340.270	1339.600
British pound	GBP	1557.994	1557.215
Canadian dollar	CAD	—–	—–
Swiss franc	CHF	—–	—–
Swedish krona	SEK	—–	—–
Norwegian krone	NOK	—–	—–
Danish krone	DKK	—–	—–
Japanese yen	JPY	11.805	11.799
Special Drawing Rights	SDR	1662.448	1661.616

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 09-04-16

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

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Iraqi banker close to al – Maliki escape $ 6.5 billion

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Washington suggest the IMF projects growth of non – oil sector in Iraq by 2018

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Keywords: the local market is witnessing a shortage in Iraqi dinars

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Prime Minister Dr. Haider Al-Abadi confirms that this year would be the end of the year, gangs, ISIS militarily. We’ll get in Mosul and liberate their land and its people.

DU NEWS RECAP by RCookie

Indicative rates – 09.04.2016

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Iraqi Dinar/Dollar auction (most recent listing) 08-31-16

Women and cats will do as they please, and men and dogs should relax and get used to the idea. – Robert Heinlein

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Masum approves general amnesty law

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Zebari: the rule of law behind a sunbed to target al-Abadi and overthrow the government

Parliamentary Finance: no intention to repeal Article 14 of the Convention on the International Monetary Fund

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Proposals to review the economic feasibility studies

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Erbil and Baghdad reach agreement on Kirkuk oil exports

DU NEWS RECAP by RCookie

Indicative rates – 09.02.2016

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Iraqi Dinar/Dollar auction (most recent listing) 08-31-16

Life-the way it really is-is a battle not between good and bad, but between bad and worse. – Joseph Brodsky

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Erbil and Baghdad reach agreement on Kirkuk oil exports

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Reports: secret negotiations conducted by the United Nations to resolve the Justice and Accountability Act

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DU NEWS RECAP by RCookie

Indicative rates – 09.01.2016

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Iraqi Dinar/Dollar auction (most recent listing) 08-31-16

Politics should be the part-time profession of every citizen. – Dwight Eisenhower

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Erbil and Baghdad reach agreement on Kirkuk oil exports

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Reports: secret negotiations conducted by the United Nations to resolve the Justice and Accountability Act

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Indicative rates – 08.31.2016

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Iraqi Dinar/Dollar auction (most recent listing) 08-30-16

I have sworn upon the altar of God eternal hostility against every form of tyranny over the mind of man. – Thomas Jefferson

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