Dinar Daily NEWS Blog – August 23rd

Posted on August 23, 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) 08-23-16

Currency Auctions Announcement No. 3264

This daily currency auction was held in the Central Bank of Iraq on the 08-22-2016

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$)	136,710,635
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	136,710,635
Total offers for selling (US$)	—–

More: http://dinarupdates.com/observer/
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There is nothing so likely to produce peace as to be well prepared to meet the enemy. – George Washington

* Current News *

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“Immediately following News Time!!”
Tues. 8/23 “After Call” – w/RCookie,
Mr White & Hutch

from 8/16 – Smart phone user link – Click here

______________________________________________________________

rcookie (Dinar Guru) – [are they voting on amnesty law tue 23 aug?] YES…AND THE DEBAATHIFICATION LAW AND A PLETHORA OF OTHERS ACCORDING TO THEIR AGENDA…

Follow us on twitter @DinarUpdates !!

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Urgent Abadi: The government approved a general amnesty law and we support and call on Parliament to approval

Abadi: The government approved a general amnesty law and we support and call on Parliament to approval
[Wayne-Baghdad] – Prime Minister Haider al-Abadi said that “the Iraqi government approved a general amnesty law and we support and call on Parliament to approval” ..itba

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
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Kaperoni (Dinar Guru) – Article: “Central bank: Print category 100 000 dinars , and we are waiting for official approval lowered into the market” the CBI has stated on at least a few occasions the intent of the 50k and 100k. We may not agree with it, but I don’t think we should argue with that explanation…the purpose is to create demand for the dinar and raise nearly 40 trillion dinars. The 50k note which has been out for 6 months or more has not increased the money supply…compared to this time last year. In other words, the CBI is doing what it said they would be doing (2-25k=1-50k). …I do not think this is bad news at all. In fact, this decision was made over a year ago and stated it was a step towards currency reform. So, in fact, if it is a step, we are progressing towards our goal. Don’t lose site that currency reform means raising the value and removing the larger notes. This is a must for what Iraq needs to do moving forward.

Read More: http://www.dinarupdates.com/observer/
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BGG (Dinar Guru) – [Tuesday looks like parliamentarian issues are over. Where do we turn our eyes to = next?] Not exactly – but moving more and more that direction… [Amnesty and J&A?] I just don’t agree fully with the “all good – all done” mentality… getting MUCH closer – to be sure…AND it’s not impossible these last few Parliament issues are on a separate track altogether…as in parallel and not interfering with one another… once the IMF and UN has whatever it is they are requiring (and there is something there) they make the next move (we are looking for) toward economic reform…BTW – currency reform is just one more step in the development of Iraq into a global trade partner they are looking for…which they very much appear to be on a fast-track towards.

Read More: http://www.dinarupdates.com/observer/
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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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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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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	1336.369	1335.701
British pound	GBP	1546.765	1545.992
Canadian dollar	CAD	913.306	912.849
Swiss franc	CHF	1226.777	1226.164
Swedish krona	SEK	140.433	140.363
Norwegian krone	NOK	143.262	143.191
Danish krone	DKK	179.570	179.480
Japanese yen	JPY	11.731	11.725
Special Drawing Rights	SDR	1658.854	1658.025

http://www.cbi.iq/

Indicative rates – 08.23.2016

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Dinar Daily NEWS Blog – August 22nd

Posted on August 22, 2016 by BGG

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 08-22-16

Currency Auctions Announcement No. 3264

This daily currency auction was held in the Central Bank of Iraq on the 08-22-2016

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$)	136,710,635
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	136,710,635
Total offers for selling (US$)	—–

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

You may have to fight a battle more than once to win it. – Margaret Thatcher

* Current News *

Dinar Updates “After Call – LIVE”!!

“Immediately following News Time!!”
Tues. 8/23 “After Call” – w/RCookie,
Mr White & Hutch

from 8/16 – Smart phone user link – Click here

______________________________________________________________

Follow us on twitter @DinarUpdates !!

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

www.DinarUpdates.com – save as favorite!

______________________________________________________________

Urgent: Dumping millions of leaflets and the Iraqi media to herald the end of Mosul Daesh

Throwing millions of publications and the Iraqi media to herald the end of Mosul Daesh

[Oan- Baghdad] – Threw threw the air force planes millions of publications and media on the Iraqi ailing swimming areas and ] advice Mosul city center herald the end of the population Daesh terrorist gangs.

A statement by the cell media Harbi received by all of Iraq [where] a copy of it, that the publications “tell the citizens that Daesh gangs has ended and lived her last days and they prepare to welcome the hordes of liberation for the elimination of all these criminal terrorist gangs”.

Read More: http://www.dinarupdates.com/showthread.php?39354-Urgent-dumping-millions-of-leaflets-and-the-Iraqi-media-to-herald-the-end-of-Mosul-Da
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rcookie (Dinar Guru) – THEY TASKED THEMSELVES AT BEGINNING OF 2015 …TO OVER THE COMING 24 MONTHS TO REDUCE THE AUCTIONS BY 75%…FROM JAN 1ST 2015 TO DEC 2015 THEY REDUCED BY 25%…FROM JAN 2016 TO JULY 2016 THEY REDUCED BY 24.9%…SO THEY HAVE ANOTHER 5 MONTHS AND ARE ON GOAL TO REACH THEIR 75% REDUCTION OVER 24 MONTHS…

Read More: http://www.dinarupdates.com/observer/
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Read More: http://www.dinarupdates.com/observer/
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Moves to reform the economic system

BAGHDAD – Muhannad Abdul Wahab – The Committee on the economy and investment representative, on Saturday, expressed its support for any project or proposal aims to increase the staff and the salaries of retired thoughtfully to coincide with the rise in oil prices, while showed that the increase in revenue supported the economic system in the country. Crude oil prices above $ 51 a barrel, on Friday, hitting the highest level in eight weeks by rising for the seventh straight session amid hopes that the producers agree on measures to support prices.

Senior agent for the oil ministry said earlier, Fayyad grace, that « the total production of oil for Iraq amounted to 4.7 million barrels per day, while exports amounted to 3.9 million barrels per day , a new record». He added in an interview with the grace I followed the «morning», that « the figures include all parts of Iraq , including Kurdistan, Kirkuk».

Efforts to reform the economic system

In a related development , said Chairman of the parliamentary Economic Committee Jawad al – Bolani, said that «Iraq is seeking to reform the economic system» , adding that «increase revenue supported the economic system, especially in light of the circumstances experienced by the country during the past two years».

Bolani In a statement to «morning» pointed out that «bonds launched by the government for compensation is extremely important process, which will help reduce pressure on the government and to left the pressures faced by the budget.»

He added that « the budget heavily indebted and there are approximately 4700 depends on certain financial abundance, which is for roads and health services project», calling for the state to »to take care of infrastructure projects of the country and if introduced new projects will have on the state money and trained staff which adds another burden on the budget in addition to the old burdens, so it must be subject to all incoming revenue to the government for study and planning ».

He Bolani, that « the increase of oil production will provide financial liquidity to complete stalled projects, which is one of the priorities of the government», adding that « the increase in employees ‘ salaries should be subject of study and planning for the stability of the real as an increase for employees and retirees and are planned and based on realistic signs, as the employees and retirees have rights to the state, so it is necessary to seek the planning and installation of developments in the process of production increases will benefit the employees and retirees ».

And that «it is necessary to increase interest in investments and facilitate mechanisms, especially as the country is governed Investment Law» noting that «increasing financial abundance will provide support for investment and bring global capital to Iraq.»

For his part , the researcher affairs strategic Rahim al – Shammari, told the «morning», a realistic view of the general situation of the state, in terms of approving the budget by the government in early, which will help to give ample time for deliberation and amendment with the House of Representatives, in order to start regardless operational and investment budgets on time, and that will not cause confusion in financial transactions in the country.

He predicted al – Shammari, said that « the increase in oil prices of recent days, came with the increase in production and export», returned those things b «excellent», to improve the financial situation of the state », Msttrda« but remain the reconstruction of areas affected by the problem of terrorism and the exchange of the armed forces which is locked war , two of the main problems in the country since the financial crisis ».

Support an increase in the salaries of employees and retirees

In turn, promised a member of the economic and investment commission parliamentary Nora Albjara, increase oil production to «good step», calling at the same competent authorities time to «a study and planning of a sober and consult experts, technicians and specialists to develop important scientific touches on the increase and that should be in the interest of the country ».

She said in a statement to «morning», that « the Commission supports any project or proposal submitted by the government to increase the salaries of employees and retirees and thoughtfully planned».

She Albjara, that « the budget submitted by the government confirmed on ensuring the rights of employees and retirees», noting that «deliberate increase oil production will help the country to overcome the obstacles they face».

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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
______________________________________________________________

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	1338.733	1338.064
British pound	GBP	1550.784	1550.009
Canadian dollar	CAD	917.844	917.385
Swiss franc	CHF	1234.336	1233.719
Swedish krona	SEK	141.207	141.136
Norwegian krone	NOK	143.876	143.804
Danish krone	DKK	179.895	179.805
Japanese yen	JPY	11.779	11.773
Special Drawing Rights	SDR	1661.206	1660.376

Indicative rates – 08.22.2016

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 21st

Posted on August 21, 2016 by BGG

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 08-21-16

Currency Auctions Announcement No. 3263

This daily currency auction was held in the Central Bank of Iraq on the 08-21-2016

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$)	137,455,469
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	137,455,469
Total offers for selling (US$)	—–

More: http://dinarupdates.com/observer/
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Those who profess to favor freedom, and yet depreciate agitation, are men who want crops without plowing up the ground. – Frederick Douglass

* Current News *

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rcookie (Dinar Guru) – […I would think to pay foreign contractors their would need to be some sort of rate established.] THERE DOES…AND MORE IMPORTANTLY WHY THE IMF TASKED THEM TO OVERHAUL THEIR CREDIT REGISTRY AND RISK ASSESSMENT PROCESSES…NEED TO BE READY FOR THE INVESTMENT WHALES.

Follow us on twitter @DinarUpdates !!

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______________________________________________________________

Urgent: Dumping millions of leaflets and the Iraqi media to herald the end of Mosul Daesh

Throwing millions of publications and the Iraqi media to herald the end of Mosul Daesh

BGG (Dinar Guru) – [lots of news…just cant believe how much has been going on in Iraq!] I can’t believe it either. In fact, one has to wonder when that “tipping point” is…when so much is done, so much is accomplished, their economy is in such a state the “grossly undervalued” price of the Dinar is doing them considerable economic harm…there was a time the currency imbalance worked for them – however, I think they are nearing this place where they would like it to be “upped”…The flip side of Iraq wanting their currency “upped” – is they aren’t the ones with the ultimate say…which brings us back to the IMF/UN being in such critical advisory roles. Iraq’s GOI has BEEN ON FIRE to get their democracy righted since January… what changed? IMF/UN oversight… there has to be some carrot…

Read More: http://www.dinarupdates.com/observer/
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(go here and ask to join… then add some Dinar Friends!!)
______________________________________________________________

Kaperoni (Dinar Guru) – Article quote: “…the US panel competent to combat financial intelligence department personnel discovered 300 banking company and money transfer and 6 suspicious Iraqi banks operate offense laundering financial aid, noting that the committee has reached Baghdad…” IMO, time is of the essence to activate the banking system. That being said, this committee is there to clean up the mess so reforms can proceed.

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

Moves to reform the economic system

Efforts to reform the economic system

Support an increase in the salaries of employees and retirees

______________________________________________________________

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	1338.142	1337.473
British pound	GBP	1554.803	1554.025
Canadian dollar	CAD	925.245	924.782
Swiss franc	CHF	1233.434	1232.817
Swedish krona	SEK	141.099	141.028
Norwegian krone	NOK	144.837	144.765
Danish krone	DKK	179.816	179.726
Japanese yen	JPY	11.844	11.838
Special Drawing Rights	SDR	1661.360	1660.529

http://www.cbi.iq/

Indicative rates – 08.21.2016

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 20th

Posted on August 20, 2016 by BGG

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 08-20-16

Currency Auctions Announcement No. 3262

This daily currency auction was held in the Central Bank of Iraq on the 08-18-2016

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$)	141,350,848
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	141,350,848
Total offers for selling (US$)	—–

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

Freedom is the greatest generator of prosperity and happiness in human history. – Will Spencer

* Current News *

______________________________________________________________

Follow us on twitter @DinarUpdates !!

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

www.DinarUpdates.com – save as favorite!

______________________________________________________________

Abadi: a cabinet meeting today was attended by the new ministers

(Voice of Iraq) – Baghdad – Stressed the Prime Minister Haider al – Abadi, Tuesday, that the Council meeting which was held today was attended by the five new ministers, while attributed the assignment of collection in the field of electricity to the private sector to the “success” of the latter, he referred to Iraq ‘s need for fiscal and monetary policy intact to secure the country ‘s needs in the areas all.

Ebadi said during a press conference in Baghdad, said that “the cabinet meeting today was attended by the new ministers , ” noting that ” The Council discussed the Baghdad security system and the subject of the reluctance of hospitals achievement, where the approved instructions for completion.”

Abadi said that ” the private sector has proved successful on the ground and it Osndna his collection sector in the field of electricity,” pointing out that “we need to fiscal and monetary policy intact to ensure the needs of the country in all fields.”

And the voice of the House of Representatives, on Monday, at the Abdul – Razzaq al – Issa, Minister of Higher Education, and Hassan al – Janabi , water resources and Jabar Luaibi oil, and Kazem cup of Transport and Anne is useful for the reconstruction of housing, while voted to reject a candidate and the Ministry of Commerce Yousef al – Asadi.

BGG ~ I know this piece is a couple of days old – but it CLEARLY shows a new move in the GOI.

______________________________________________________________

rcookie (Dinar Guru) – Article: “Parliament went to resolve points of contention in the Justice and Accountability Law Tuesday” A & J LAW VOTE ON TUESDAY [&] THE GENERAL AMNESTY LAW…LOOKS LIKE BOTH WILL BE VOTED ON TUESDAY THE 23RD..THE 2 BIGGEST LAWS OF NATIONAL UNITY & RECONCILIATION… 2 FOR THE PRICE OF 1 AND THEY ARE HUGE…VERY IMPORTANT.

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

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!!)
______________________________________________________________

rcookie (Dinar Guru) – ...IRAQ IS GOING TO HAVE AN INVESTMENT SERVICES COMPLEX TO ACCESS AND UNDERSTAND THE SERVICES OFFERED TO INVESTORS INCLUDING INTEGRATED SERVICES ACCESS TO GOV’T AGENCIES IN ONE PLACE…1 STOP SHOPPING AND INVESTOR SERVICES ACCESS!…THAT IS AWESOME!!

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

Iraqi delegation in Cairo to take advantage of the experience of the Egyptian Investment Authority

Visited by an official delegation of the Republic of Iraq, headed by Ali Yacoub head of the Investment Commission of Basra province, the Egyptian Investment Authority, within the World Bank’s program for the development of investment Iraqi governorate.

Chief Executive Officer of the General Authority for Investment and Free Zones Mohammed Khudair and accept Wednesday with an official delegation from Iraq, headed by Dr. Yacoub on the head of the Investment Commission of Basra province the current role of the body and the various sectors to attract more investments to the Egyptian market.

The Commission said in a statement Wednesday that the delegation’s visit comes within the framework of the World Bank’s program for the development of investment and promotion in Basra province.

And it comprises 22 officials from the World Bank and the National Commission of Iraq for Investment and the Investment Authority in Basra.

She explained that it was reviewing investment services automation systems Complex services of the body in order to provide the time and effort undecided investors to the sector.

The head of the visiting delegation allowed in the tour of the investment services complex to determine the nature of the services provided to investors, where the delegation listened to an explanation of the complex chairman Mustafa Ali about the mechanisms of action targeting mainly easier for investors to get integrated services Speaking brings together all government agencies that deal with investors in one place in order to improve the environment in which offers investment services.

Khudair said, “We are delighted to share experiences with our colleagues in the sister Republic of Iraq in order to support technical cooperation between the two countries.”

For his part, the head of the Iraqi delegation, “Come visit us today for Egypt within the World Bank’s program for the development of investment and promotion in Basra province, and we hope to identify the Egyptian experience to develop a mechanism of our labor.”

The representative of the World Bank, the bank’s quest for the transfer of expertise at the regional level between Egypt and Iraq in the presence of representatives of the private sector in Iraq, including some businessmen who have investments in Egypt and have previous experience in dealing with the Egyptian market.

The delegation also listened to a briefing by Dr. Iman Mansour, head of the center of the settlement of the dispute body on the procedures followed by the Center for the settlement of disputes between investors.

The visit of the Iraqi delegation to the Investment Authority in the framework of the memorandum of understanding signed in 2013 between the General Authority for Investment and National Investment Commission of the Republic of Iraq.

And The Board has trained nearly 488 Iraqis in the investment, insurance, stock exchange and capital market areas, and was greeted with a delegation of 18 representatives of government agencies and the National Commission for the Iraqi investment.

It should be noted that Iraq is ranked 25 in the list of countries investing in Egypt, where the number of Iraqi contributions to 3324 companies with a capital of Iraqi reach $ 492 million and employs 4015 workers and cover the activities of companies and industrial, agricultural and service and construction sectors.

______________________________________________________________

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

THURSDAY AUGUST 18TH, 2016

GENERAL

AUCTIONS END WEEK AT 141 MILLION….GOLD AT 221,000 IQD TO THE WEIGHT…INTERIOR ANNOUNCES THE ISSUANCE OF 316,000 NATIONAL CARDS IN ALL PROVINCES TO ALL CITIZENS 12 YEARS OLD & OLDER WITH ELECTRONIC APPLICATION & PROCESSING AND WILL STREAMLINE THE ENTIRE IRAQI SYSTEM BY MORE THAN 30 MILLION CARDS WITH NEW INTEGRATED NATIONAL CARD…SOME POLITICAL BLOCS ASSERTING RULE OF LAW TO BE RESPONSIBLE FOR DELAYS IN THE GENERAL AMNESTY LAW PASSAGE…PARLIAMENT IMMIGRATION ANNOUNCE NUMBER OF OFFICIALLY DISPLACED EXCEEDS 4 MILLION AND WILL RISE WITH MOSUL LIBERATION…JAFAARI RECEIVES CREDENTIALS OF NEW SRI LANKA AMBASSADOR…CBI ANNOUNCES 5 DAY AUCTION WINDOW ACCESS FOR PILGRIMS FROM 21ST TO 25TH WITH $3,000 CAP…ANBAR PROVINCE GOVERNATE ANNOUNCE DESTRUCTION OF 85 BRIDGES FROM TERRORISM OPERATIONS…CBI REVOKES LICENSE AND SHUTS DOWN “BROKERAGE COMPANY” BANK DUE TO GRAVE CBI INSTRUCTION VIOLATIONS IN FOREIGN CURRENCY WINDOW ACTIVITIES…BASRA CALLING FOR 50& OF OIL LICENSING CONTRACTS FOR TRAINING THE UNEMPLOYED…BANK MANAGER ARRESTED IN KIRKUK FOR STEALING 60 BILLION DINARS…SADR CALLS FOR PROTECTION & NON AGGRESSION OF HOMOSEXUALS…IRAQ & IRAN FORM COMMITTEES TO PROTECT THE COMMON BORDER…IRAQ NEAR TOP OF WORLD RANKINGS IN PHILANTHROPY DESPITE HARSH DOMESTIC CONDITIONS..,.IRAQI COURTS RECORD 4,100 DIVORCES AND 16,000 MARRIAGES OVER PAST MONTH…AMERI THREATENS TO WITHDRAWAL TROOPS ON ALL FRONTS IF BADR NOT AWARDED INTERIOR POSITION…

SECURITY

REPORTS OF PESHMERGA PREVENTING IRAQI FORCES FROM ENTERING CERTAIN DRUNKEN AREAS FOR PREPARATION MOSUL OFFENSIVE & HOLD A NUMBER OF IRAQI SOLDIERS…32 ISIS ELEMENTS KILLED AND 2 VILLAGES LIBERATED SOUTHWEST OF SABA REPORTS JOINT OPERATIONS COMMAND…INTERNATIONAL COALITION BOMBS 35 OIL TANKER VEHICLES NEAR QUARRAYAH…US WARPLANES BOMB 19 ISIS LOCATIONS IN SIRTE…IRAQI F-16 AIRCRAFT CARRY OUT BOMBINGS OVER HAWIJA…IRAQ RENEWS ITS CALLS FOR TURKEY TO REMOVE ITS TROOPS FROM NORTHERN MOSUL…DOZENS OF ISIS ELEMENTS KILLED IN ISF AIRSTRIKE ON BORDER TOWN WITH SYRIA IN NORTHERN IRAQ…US OFFICIALLY CALLS FOR PESHMERGA TO WORK UNDER ISF AUTHORITY FOR MOSUL LIBERATION OPERATIONS…ISF AIR FORCES RELEASE MILLIONS OF LEAFLETS OVER SHARQAT & QARRAYAH…ISIS EXECUTES 14 CIVILIANS BY DROWNING IN CAGES IN CENTRAL MOSUL…

PARLIAMENT

ZEBARI PRESENTS 2017 DRAFT BUDGET LAW TO COUNCIL OF MINISTERS $90 BILLION DOLLARS WITH OIL AT $35 AND 20% DEFICIT…OBEIDI BEGS POLITICAL BLOCS TO FOIL ANT ATTEMPTS PUT UP WITHDRAWAL OF CONFIDENCE AGAINST HIM…ABADI ANNOUNCES PLANS TO SUBMIT NAMES FOR INDEPENDENT BODIES TO PARLIAMENT…DEPUTY CHAIRMAN OF IRAQ ECONOMIC & INVESTMENT COMMITTEE HARTHI STATES AMENDMENT ACT NO.13 (2006) WILL CONTRIBUTE TO LOCAL INDUSTRY AND INCREASE REVENUES BT BROADENING THE TERMS & OPENNESS FOR THE INTERNATIONAL INVESTOR WHILE ASSURING FOREIGN INVESTMENT ENCOURAGES NATIONAL INDUSTRY YIELDING HIGHER QUALITY & MORE COMPETITIVE GOODS IN THE MARKET AND WORK TO OVERCOME DIFFICULTIES IN FRONT OF INVESTORS AND PROVIDE PROPER ENVIRONMENT ENSURING THEIR SUCCESS….MP BADRI REFORM FRONT THAT THERE ARE MINISTERS EXTORTED BY CORRUPT OFFICIALS TO PAY TO EJECT PRISONERS THROUGH CONTINUED OBSTRUCTION OF THE AMNESTY LAW…PARLIAMENT INTEGRITY NOURI WARNS ABADI OF QUESTIONING & ATTACHABLE TO MOD OBEIDI IN CASE HE REMAINS STICKING TO SUPPORT OF THE CORRUPT MINISTER…

INVESTMENT/ECONOMY/BUSINESS

OIL BREAKS $50 BARRIER AT $50.05…COMMERCE MINISTRY ANNOUNCE RELEASE OF FARMERS DUES FOR YEARS 2014 THROUGH 2016 FROM GENERAL COMPANY FOR GRAIN TRADE..MINISTER OF CONSTRUCTION HOUSING & PUBLIC WORKS OSEI ASSERTS THE DEVELOPMENT OF LIBERATED AREAS WILL DOMINATE THE ACTION PRIORITIES IN 2017 BUDGET…ANBAR GOVERNOR AL-RAWI ANNOUNCES THE COMPLETION OF FINAL STAGES OF AGREEMENT WITH CONSORTIUM OF US & KOREAN COMPANIES FOR LARGEST DEVELOPMENT PROJECT IN IRAQ TO BUILD A MODERN COMMERCIAL CITY OVER 10 YEARS STARTING 2017 SPANNING 40 MILLION SQUARE METERS CREATING MORE THAN 10,000 JOBS WITH PRIVATE SECTOR FUNDING & DEVELOPMENT PROJECTS 1ST PHASE 17,000 HOUSING UNITS, 2ND PHASE 28,000 HOUSING UNITS FOR 171,00 PEOPLE AND 3RD PHASE A 9 MILLION SQ METER LOGISTICS CENTER WHILE DECLARING ISIS GANG TERRORISM IS OF THE PAST AND “ANBAR’S FUTURE WILL ERASE THE TRAGEDIES OF TERRORISM” OFF OF RETURN VISIT TO US WITH OTHER IRAQI OFFICIALS TO DISCUSS INVESTMENT OPPORTUNITIES IN IRAQ…NEW OIL MINISTER LUAIBI ASSERTS IRAQ’S COMMITMENT TO INCREASE PRODUCTION GOALS WHILE CONTINUING TO WORK WITH OPEN ON QUOTAS & IRAQ’S 14% OPEC POSITION…ISX CLOSES UP 0.71% TO 566.38 UP 3.97 POINTS FROM WEDNESDAYS TRADING AGAIN DRIVEN BY BANKING SECTOR…OIL MINISTER ANNOUNCES INTENTION OF COMMITMENT TO PROVIDING NECESSARY OIL FOR ELECTRICAL GENERATING SYSTEMS TO MAINTAIN OUTPUT GOALS…

ARTICLE 1

Anbar governor reveals an agreement to build a modern, commercial city in Habbaniyah

Anbar governor revealed Suhaib al-Rawi, said Thursday, after returning from the United States, for the completion of the final stages of an agreement with a consortium of international companies from Korea and the United States to build a modern, commercial city in terms of investment Habbaniyah manner.

The governor said at a news conference in Baghdad, according to a statement, “Nur News” received a copy of it, that “Daesh gangs has become one of the past and the future of Anbar will erase the tragedy caused by terrorism,” stressing at the same time to “redouble efforts to restore stability and the reconstruction of liberated areas and organize the voluntary return of displaced people to their areas pan, and provide all the services to them. ”

And draws the narrator, as “sincere appreciation for all the efforts that have contributed in the liberation of the province, and provide corridors and safe havens for the displaced, actors and the efforts of the central government and the teams to maintain and volunteers and tribal community events, in restoring stability and services.”

The governor of Anbar province, “the continuation of domestic and international action in coordination with the central government, the security file and displaced persons and restore stability, and to overcome all the difficulties in front of the return of civilian life of the province, and to ensure its security and economic prosperity.”

ANOTHER CITY…THIS ONE A MODERN COMMERCIAL CITY IN ANBAR WITH A CONSORTIUM OF PRIVATE SECTOR COMPANIES FROM THE US AND SOUTH KOREA..

THE STATEMENTS IN THAT ARTICLE ARE PROFOUND AND SPEAK DIRECTLY TO THE LEVEL OF GLOBAL CONFIDENCE IN IRAQ’S ECONOMIC PRESENT & FUTURE….

ANBAR GOVERNOR AL-RAWI ANNOUNCES THE COMPLETION OF FINAL STAGES OF AGREEMENT WITH CONSORTIUM OF US & KOREAN COMPANIES FOR LARGEST DEVELOPMENT PROJECT IN IRAQ

TO BUILD A MODERN COMMERCIAL CITY OVER 10 YEARS STARTING 2017 SPANNING 40 MILLION SQUARE METERS (15.5 SQ MILES)CREATING MORE THAN 10,000 JOBS WITH PRIVATE SECTOR FUNDING & DEVELOPMENT PROJECTS 1ST PHASE 17,000 HOUSING UNITS, 2ND PHASE 28,000 HOUSING UNITS FOR 171,00 PEOPLE AND 3RD PHASE 9 MILLION SQ METER LOGISTICS CENTER WHILE DECLARING ISIS GANG TERRORISM IS OF THE PAST AND “ANBAR’S FUTURE WILL ERASE THE TRAGEDIES OF TERRORISM” OFF OF RETURN VISIT TO US WITH OTHER IRAQI OFFICIALS TO DISCUSS INVESTMENT OPPORTUNITIES IN IRAQ…

ARTICLE 2

Iraq claims at a rapid pace to restore confidence in the banking sector

SO HERE WE HAVE AN IRAQI BANKING SECTOR STATUS OVERVIEW BY NASIRI THAT OUTLINES IRAQ’S RAPID PACE OF RESTORING CONFIDENCE TO THE BANKING SECTOR THAT WILL PRE-DELIVER THE INTENDED RESULTS FROM THE 5 YEAR STRATEGY…HE IDENTIFIES ACTION TO INCREASE PROPORTION OF SAVINGS IN THE BANKS TO THE PROPORTION OF COMPACTNESS OUTSIDE THE BANKS AS SAVINGS 23% TO COMPACTNESS 77% IN ADDITION TO PRO-ACTIVE STRUCTURAL & TECHNICAL FOUNDATIONS…HE OUTLINES NEED TO REVIEW BANK PERFORMANCE THROUGH EVALUATION & RECLASSIFYING WEAK BANKS IN NEED OF CBI INTERVENTION…RESTRUCTURE & PROTECT INT’L COMPANIES AGAINST BANKRUPTCY & SUPPORT BANKS THAT HAVE BEEN IMPACTED BY ISIS ACTIVITIES…AS WELL AS FINDING ALTERNATIVES TO THE CURRENCY AUCTION WINDOWS & LEAVE THEM ENTIRELY…

STRESSES NEED TO STRENGTHEN CBI INITIATIVES FOR FUNDING SME’S & REVITALIZING THE ECONOMIC CYCLE…DIVERSIFYING BUDGET RESOURCES TO ACHIEVE BANKING REFORM IN ACCORDANCE WITH CBI 2016-2020 STRATEGY AND PRACTICES…

HE DEMANDS TO COMMISSION A SPECIALIZED NEUTRAL INTERNATIONAL FINANCIAL ANAYSIS TEAM TO ASSESS BANKING ADMINISTRATIVE & CREDIT EFFICIENCY WORKING OFF OF THE TEMPLATE OF 2013-14 US ASSESSMENT RESULTS TO WORK IN CONJUCTION WITH CBI CONTROLLED CENSORSHIP OF ELECTRONIIC FIELD & PROGRAMMER TEAMS THAT IDERNTIFY ERRORS & IRREGULARITIES & EXCESSES OF THE EXECUTIVE DEPARTMENTS AND POWER TO MAKE CORRECTIVE ACTIONS THAT ENSURE FUNDENTAL CHANGE OF APPROACH TO BANKING REFORM…

NASIRI ALSO TALKS ABOUT CBI DECISIONS CONCERNING CONTROLS OF NOMINATING MEMBERS OF BOARD & STAFF LEADERS AND THEIR FOCUS ON STAFF PROFESSIONAL COMPETANCIES…INTEGRITY FUNCTIONS…PERSONAL,COMMERCIAL & SPECIALIST EXPERTISE…

AND APPLICATION OF STRATEGIC OBJECTIVES TO ACHIEVE FINAL GOALS OF THE 5 YEAR PLAN…AS WELL AS 23 “SUB GOALS” TO ACHIEVE FINANCIAL STABILITY & CONSOLIDATION OF THE FINANCIAL SYSTEM INCLUDING INSTITUTIONAL AND STRUCTURAL SECTOR REFORM WHICH NOW SEES 8 BANKS WITH EXCESS OF 500 BILLION IQD TO ENHANCE LIQUIDITY AND RESPOND TO DEPOSITOR REQUESTS & NEEDS…

ALL BEING DONE IN ACCORDANCE WITH CoM & HOR CALLS FOR COMPREHENSIVE & FUNDAMENTAL CHANGES TO ACHIEVE FINANCIAL STABILITY AND ORGANIZATIONAL STRUCTURE TO ACTIVATE & INTEGRATE INTERNAL (DOMESTIC) & EXTERNAL (INTERNATIONAL) RELATIONSHIPS…

ARTICLE 3

Directed a parliamentary to overcome the obstacles to foreign investor

Deputy Chairman of the Committee of Economy & Investment Alnaabh, Harith al-Harthy, said Thursday that the World Bank loan will contribute to the development of local industry and increase revenue.

Harthi said in a statement that “the amendment Act No. {13} of {2006} ensures the investor economic areas wider in terms of work and openness to the country and local industry economy in order to be upgraded, especially that it was delayed for production and faded somewhat in the last period.”

He added that “foreign investment in the country will encourage the national industry through better put to the market, which creates a kind of competition, and thus will have positive returns on the economy,” pointing to “work to overcome the difficulties in front of investors and provide the right environment for them.”

He noted that “the World Bank, which was distributed at different rates on real estate and agriculture, investment banks loan it opening the doors of the local industry development projects open for those wishing to do so.”

He was a member of the parliamentary finance committee Haider al-Kaabi said a previous statement the {Euphrates News} “The World Bank loan granted to Iraq did not meet the actual need for a temporary solution to the crisis,” likely to “take advantage of the loan funds to meet the shortfall in salaries while the provision of the loan for the advancement of health and agricultural Balqtat and infrastructure.

The International Monetary Fund, and international partners, the World Bank had agreed to give Iraq a loan of {15} billion dollars.

DEPUTY CHAIRMAN OF IRAQ ECONOMIC & INVESTMENT COMMITTEE HARTHI STATES AMENDMENT ACT NO.13 (2006) WILL CONTRIBUTE TO LOCAL INDUSTRY AND INCREASE REVENUES BY BROADENING THE TERMS & OPENESS FOR THE INTERNATIONAL INVESTOR …

WHILE ASSURING FOREIGN INVESTMENT ENCOURAGES NATIONAL INDUSTRY YIELDING HIGHER QUALITY & MORE COMPETITIVE GOODS IN THE MARKET…
AND WORK TO OVERCOME DIFFICULTIES IN FRON OF INVESTORS AND PROVIDE PROPER ENVIRONMENT ENSURING THEIR SUCCESS…

THAT IS THE INVESTMENT LAW NO. 13 (2006) THEY ARE TALKING ABOUT AMENDING FOLKS!!…
______________________________________________________________

CURRENCY	CODE	SELL	BUY
US dollar	USD	1182.000	1180.000
Euro	EUR	1332.823	1332.157
British pound	GBP	1537.546	1536.777
Canadian dollar	CAD	917.346	916.887
Swiss franc	CHF	1227.159	1226.546
Swedish krona	SEK	140.477	140.407
Norwegian krone	NOK	143.605	143.533
Danish krone	DKK	179.113	179.023
Japanese yen	JPY	11.761	11.755
Special Drawing Rights	SDR	1656.218	1655.390

Indicative rates – 08.20.2016

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 19th

Posted on August 19, 2016 by BGG

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 08-19-16

Currency Auctions Announcement No. 3262

This daily currency auction was held in the Central Bank of Iraq on the 08-18-2016

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$)	141,350,848
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	141,350,848
Total offers for selling (US$)	—–

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

Money is truthful. If a man speaks of his honor, make him pay cash. – Robert Heinlein

* Current News *

______________________________________________________________

wmawhite (Dinar Guru) – Article “Iraq is Back in Business, According to Wyndham Group” Quote: “…the Wyndham Hotel Group will be building two new hotels in Najaf before 2018, a secure southern town that sees huge influxes of religious pilgrims.” do you think that they just thought of this today? Really…they have been looking at these projects for YEARS!

Follow us on twitter @DinarUpdates !!

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

www.DinarUpdates.com – save as favorite!

______________________________________________________________

Abadi: a cabinet meeting today was attended by the new ministers

BGG ~ I know this piece is a couple of days old – but it CLEARLY shows a new move in the GOI.

______________________________________________________________

rcookie (Dinar Guru) – Article: “Anbar governor reveals an agreement to build a modern, commercial city in Habbaniyah” ANOTHER CITY…THIS ONE A MODERN COMMERCIAL CITY IN ANBAR WITH A CONSORTIUM OF PRIVATE SECTOR COMPANIES FROM THE US AND SOUTH KOREA. THE STATEMENTS IN THAT ARTICLE ARE PROFOUND AND SPEAK DIRECTLY TO THE LEVEL OF GLOBAL CONFIDENCE IN IRAQ’S ECONOMIC PRESENT & FUTURE…JUST TRY AND GRASP THE SCOPE AND MAGNITUDE OF THIS PROJECT…THE LARGEST DEVELOPMENT PROJECT IN ALL OF IRAQ. TO BUILD A MODERN COMMERCIAL CITY OVER 10 YEARS STARTING 2017 SPANNING 40 MILLION SQUARE METERS (15.5 SQ MILES)…15.5 SQUARE MILES WORTH OF DEVELOPMENT SPACE…ANYONE HERE UNDER THE IMPRESSION THE INTERNATIONAL INVESTMENT COMMUNITY LACKS CONFIDENCE IN IRAQ AND ITS INSTITUTIONAL STABILITY…NOT! …AND THE FACILITATORS OF THIS ANBAR PROJECT ARE THE UNITED STATES AND SOUTH KOREA…

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

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!!)
______________________________________________________________

firefly (Dinar Guru) – Article: “Presented Finance Minister Hoshyar Zebari, a draft 2017 budget law to the Council of Ministers.” Now this is interesting, wonder when the deadline is to approve it? And why talk about it in August! Why would they want it completed in Sept? The numbers are mind boggling. Follow the money folks!

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

Iraqi delegation in Cairo to take advantage of the experience of the Egyptian Investment Authority

The Commission said in a statement Wednesday that the delegation’s visit comes within the framework of the World Bank’s program for the development of investment and promotion in Basra province.

And it comprises 22 officials from the World Bank and the National Commission of Iraq for Investment and the Investment Authority in Basra.

She explained that it was reviewing investment services automation systems Complex services of the body in order to provide the time and effort undecided investors to the sector.

Khudair said, “We are delighted to share experiences with our colleagues in the sister Republic of Iraq in order to support technical cooperation between the two countries.”

______________________________________________________________

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

THURSDAY AUGUST 18TH, 2016

GENERAL

SECURITY

PARLIAMENT

INVESTMENT/ECONOMY/BUSINESS

ARTICLE 1

Anbar governor reveals an agreement to build a modern, commercial city in Habbaniyah

ANOTHER CITY…THIS ONE A MODERN COMMERCIAL CITY IN ANBAR WITH A CONSORTIUM OF PRIVATE SECTOR COMPANIES FROM THE US AND SOUTH KOREA..

THE STATEMENTS IN THAT ARTICLE ARE PROFOUND AND SPEAK DIRECTLY TO THE LEVEL OF GLOBAL CONFIDENCE IN IRAQ’S ECONOMIC PRESENT & FUTURE….

ANBAR GOVERNOR AL-RAWI ANNOUNCES THE COMPLETION OF FINAL STAGES OF AGREEMENT WITH CONSORTIUM OF US & KOREAN COMPANIES FOR LARGEST DEVELOPMENT PROJECT IN IRAQ

ARTICLE 2

Iraq claims at a rapid pace to restore confidence in the banking sector

ARTICLE 3

Directed a parliamentary to overcome the obstacles to foreign investor

Deputy Chairman of the Committee of Economy & Investment Alnaabh, Harith al-Harthy, said Thursday that the World Bank loan will contribute to the development of local industry and increase revenue.

The International Monetary Fund, and international partners, the World Bank had agreed to give Iraq a loan of {15} billion dollars.

THAT IS THE INVESTMENT LAW NO. 13 (2006) THEY ARE TALKING ABOUT AMENDING FOLKS!!…
______________________________________________________________

CURRENCY	CODE	SELL	BUY
US dollar	USD	1182.000	1180.000
Euro	EUR	1332.823	1332.157
British pound	GBP	1537.546	1536.777
Canadian dollar	CAD	917.346	916.887
Swiss franc	CHF	1227.159	1226.546
Swedish krona	SEK	140.477	140.407
Norwegian krone	NOK	143.605	143.533
Danish krone	DKK	179.113	179.023
Japanese yen	JPY	11.761	11.755
Special Drawing Rights	SDR	1656.218	1655.390

Indicative rates – 08.19.2016

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 18th

Posted on August 18, 2016 by BGG

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 08-18-16

Currency Auctions Announcement No. 3262

This daily currency auction was held in the Central Bank of Iraq on the 08-18-2016

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$)	141,350,848
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	141,350,848
Total offers for selling (US$)	—–

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

Courage is rightly esteemed the first of human qualities, because it is the quality that guarantees all others. – Winston Churchill

* Current News *

______________________________________________________________

rcookie (Dinar Guru) – Article: “Iraqi delegation in Cairo to take advantage of the experience of the Egyptian Investment Authority“ ADDING 488 IRAQIS HAVE BEEN TRAINED IN THE PROGRAM IN THE INVESTMENT… INSURANCE… STOCK EXCHANGE…AND CAPITAL MARKET AREAS AND GREETED BY THE 18 MEMBER IRAQI DELEGATION OF GOV’T AGENCIES & NATIONAL COMMISSION FOR IRAQI INVESTMENT… AND NOTES IRAQ IS RANKED 25TH IN COUNTRIES INVESTED IN EGYPT… COMPRISED OF 3324 COMPANIES WORTH 492 MILLION AND OVER 4000 EMPLOYEES IN ALL SECTORS… WOW!! WHO IS THE MOST INTERESTED IN SETTLING OF DISPUTES BETWEEN BUSINESSES AND COUNTRIES… HANDLING TRADE DISPUTES BETWEEN PARTIES AND NATIONS… IT IS 1 OF THE FINAL STEPS FOR WTO ACCESSION.

Follow us on twitter @DinarUpdates !!

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

www.DinarUpdates.com – save as favorite!

______________________________________________________________

Iraqi government is unanimously unclear

_87659_iraq3
Iraqi Prime Minister Haider al-Abadi succeeded Monday in getting parliamentary approval for five of the names proposed to occupy ministerial positions in which The new government, which was promised months ago that consists of competencies away from quotas partisan reform that raise high the roof frame, but failed to implement any of its requirements, while large sphincter collided with the political blocs to maintain their share of ministerial and administrative positions.

In return for this little amount of “success” Ebadi received a painful blow parliamentary vote against conviction answers and Defense Minister Khaled al-Obeidi during his interrogation before the Council meeting earlier this month, paving the way for the withdrawal of confidence from him and his dismissal in a sensitive period of preparing the prime minister in which to achieve the completion of the war on organizing Daesh complete expulsion of the largest stronghold of him in Iraq; the city of Mosul.

The President of the House of Representatives Saleem al-Jubouri, Monday, insert the withdrawal of confidence from the Minister of Defence at a hearing next Tuesday.

It will be the overthrow of Balobeida personal loss for the current Prime Minister Haider al-Abadi, who lined up alongside his defense minister, particularly former Prime Minister Nuri al-Maliki, who chose the lineup along with House Speaker Salim al-Jubouri, accused by Khalid al-Obeidi, corruption and extortion in order to obtain commissions from huge belonging to the Ministry deals Defense.

Iraqi sources confirm that al-Maliki, who stepped down as prime minister forced two years ago is still seeking to derail the “companion” of the Islamic Dawa Party, hoping to win his job.

The same sources do not exclude the use of Maliki none of the means to realize his goal, including an effort to prevent al-Abbadi of the breakthrough in the war against al Daesh would bring him a great deal of popular help install his job.

Haider al-Abadi and remains convinced that the motives of political questioning of the Minister of Defense. He told parliament Monday that he is against political interrogation by government officials, before they interrupt the parliament speaker Salim al -oho a direct party to the case of Khaled Alobeida- asking him to pass directly to the display and the new ministers not to talk in the interrogation process.

And approved by lawmakers, Monday, on the appointment of five new ministers, after months of delays and setbacks several received the Prime Minister to form a new government.

Interior and Defense Ministries of Cetkonan fierce struggle over what functions that are involved from the authorities and Taatahanh of the potential for theft of public money.

The House of Representatives ratified the selection of al-Abbadi of the ministries of oil, transport, higher education, housing, reconstruction and water resources, but they refused to carry the chosen trade bag, without a clear statement of reasons.

With the escalation of street protests against government corruption and widespread, Abadi promised in February to form a new government composed of ministers Tknaqrat, but faced stiff opposition from the major parties of the ruling of the country which enjoys huge privileges because of its dominance of the capabilities of the country in 13 years.

Before Abadi last July, officially the resignation of seven ministers from his cabinet, all from the ruling Shi’ite National Alliance, namely: Minister of Higher Education, and oil, transportation, Construction and Housing, water resources and trade.

In the same month, Interior Minister, Mohamed Salem Al Ghabban, belonging to the Badr Organization, announced his resignation to Ebadi in the midst of the uproar following the occurrence of a massive bombing in the Karrada district of Baghdad, leaving hundreds of victims among the dead and wounded. Ghabban said he made the move in protest at what he called “the security flop and the intersection of power and the lack of coordination between the agencies.”

The post of interior minister as well as minister of defense Mnbban great sensitivity, intensifying them the conflict between Iraqi political blocs owing to involve him from the authorities, and also because of the enormity of their budgets which opens the door of the financial manipulation of holding the respective especially through arms deals that often young, mostly large corruption throughout the decade years. Against this background may be long before the ES on the appointment of an interior minister and another for the defense happens in the event of dismissal of Khalid al-Obeidi from office.

The new ministers are all from Kazem cup Minister of Transport, and Essa Abdul Razak and Minister of Higher Education, and Hassan al-Janabi, a minister of water resources, and Anne wholesome Osei, Minister of Reconstruction and Housing, and Jabar Luaibi as oil minister. While the Council’s refusal to approve the assignment of the Ministry of Commerce to Yusuf al-Asadi, although put his name twice in a row by Abadi during the voting session.

He stopped Followers of the Iraq war when the new oil minister, who succeeded Adel Abdul Mahdi, leader of the Movement Ammar al-Hakim, the head of the ministry, which is considered the most important ever between other ministries due to the adoption of Iraq’s budget is almost entirely on oil revenues name.

While parliamentary sources said Jabbar and coffee is the Islamic Supreme Council candidate, led by al-Hakim, which means that his choice did not come from the framework of quotas party, made a point at the same time to say that nothing in the man’s expert record in the field of oil, which has previously served as general manager former southern oil company in Basra, a disadvantage or shows his involvement with corruption.

On the contrary, the same sources said that the hand cleaner and coffee and professionalism already Djaltah vulnerable to pressure and blackmail senior symbols of corruption influential aspirants in the share of oil resources.

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Adam Montana (Dinar Guru) – [do you think that there is any chance that once the RV is started that they will try to “cheat us” out of a fair share of the RV?] Nope. I understand your concern and where you are coming from, but it would be “RV Suicide” to try to steal from those that they need to support them. Basically, you’re alluding to an “in country” RV. I don’t have any fears of that happening.

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

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______________________________________________________________

rcookie (Dinar Guru) – Article: “Parliamentary legal reaffirms resolve disputes about the amnesty law and vote next Tuesday” DEADLINE OF NEXT TUESDAY TO VOTE…AND CONFIRMATION THAT ALL DISPUTES ABOUT THE AMNESTY LAW HAD BEEN SETTLED…

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

Jubouri eager to proceed with plans to speed up reform and enactment of important laws

The head of the House of Representatives, Salim al keen House of Representatives to proceed with plans to speed up reform and enactment of important laws.

A statement by the Information Office of the President of the Parliament received by all of Iraq [where] a copy of the “al-Jubouri, received in his office on Tuesday, the US congressional delegation headed by Democratic Senator Corey Booker and his accompanying delegation,” Mnohna as “During the meeting, research in developments in the political and security landscape on the local scene, as well as the regional situation and its implications, especially with regard to the war on terror dossier. ”

The statement noted that “the meeting, they discussed the displaced file and the conduct of the legislative work and the role of the House of Representatives to speed up the enactment of important laws.”

He stressed the keenness Jubouri the House of Representatives to overcome the obstacles and proceed with plans to support reform and progress wheel state forward in the face of economic and security challenges.

The meeting was attended by US Ambassador to Iraq Stuart Jones.

______________________________________________________________

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

TUESDAY AUGUST 16TH, 2016

PARLIAMENT

PARLIAMENT APPROVES 5 OF 6 CABINET MINISTERS IN ABADI’S NEW GOVERNMENT EXCEPT COMMERCE MINISTER REJECTED SWORN IN MONDAY AND WILL ATTEND THURSDAY CoM SESSION ,,,PARLIAMENT RESUMES ITS VOTE ON AMNESTY LAW AFTER HALF HOUR BREAK IN PRESENCE OF 210 DEPUTIES…PARLIAMENT SESSION LIFTED UNTIL TUESDAY AFTER REVIEWING PARAGRAPH 8 OF AMNESTY LAW WITH ABADI & JABOURI HOLD PRIVATE MEETING AND AVOW WILL HOLD EXTRAORDINARY SESSION TOMORROW TO VOTE ON AMNESTY LAW IF QUORUM IS NOT ACHIEVED…REPORTS ON PARLIAMENT VOTING ON CERTAIN PARAGRAPHS OF AMNESTY LAW & RAISE NEW SESSION TUESDAY 23RD…PARLIAMENT CALLING ON OIL & GAS COMMISSION TO PASS OIL & GAS LAW TO RESOLVE DIFFERENCES BETWEEN ERBIL & BAGHDAD…PARLIAMENT FINANCE ADDS CENTRAL REPRESENTATIVE TO OFFICE OF CONTROL & TAXES TO MAXIMIZE BUDGET RESOURCES ..DAWA PARL BLOC WANT SAUDI AMBASSADOR REMOVED FROM COUNTRY IMMEDIATELY…PARLIAMENT FINANCE COMMITTEE HOSTS CBI & OFFICE FINANCIAL SUPERVISION REP & TAX DIRECTOR SUPERVISOR TO DISCUSS INCREASING NON OIL REVENUES AND REMOVING CONSTRAINTS…VOTE ON WITHDRAWL OF CONFIDENCE FOR MoD OBEIDI WILL BE ON AGENDA FOR AUG 23RD PARLIAMENT SESSION….ABADI CHAIRED REGULAR SESSION OF CoM WITH 2017 BUDGET DRAFT AND SUBMISSION TO PARLIAMENT FOR VOTE ASAP & FORMATION OF SUPREME COMMITTEE TO ESTABLISH MONITORING & SURVEILLANCE SYSTEM OF BAGHDAD & COMMITMENT TO BASRA FOR 24 HOUR ELECTRICITY SERVICE FROM CURRENT 22 HOURS &NATIONAL SECURITY ISSUES WITH NEW MINISTERS IN ATTENDANCE…ABADI ASSERTS HE WILL PROCEED THROUGH POLITICAL NEGOTIATIONS TO RESOLVE INTERIOR MINISTER APPOINTMENT…PARLIAMENT LEGAL ASSERTS AMNESTY LAW WILL INCLUDE PERPETRATORS OF SPYKER & HAWIJA..ABADI ANNOUNCES HE WILL NAME MINSTER OF INTERIOR AND MINISTER OF TRADE SOON…NASSIF & 2 BUSINESS MEN PRESENT AUDIO & VIDEO EVIDENCE & TESTIMONY AGAINST MoD OBEIDI IN MANHATTAN ARMS DEAL RESULTING IN 6 ARREST WARRANTS AGAINST HIM IN ADDITION TO SUSPECTED WITHDRAWL OF CONFIDENCE IN NEXT TUESDAYS PARLIAMENT SESSION…

GENERAL

REGIONAL DIRECTOR OF UNITED NATIONS UNESCO & WHO ALI ALWAN WILL BE IN ERBIL, IRAQ TOMORROW & BAGHDAD TO DISCUSS STRENGTHENING IRAQ’S INSTITUTIONS IN COMBATING CORRUPTION…IMMIGRATION ANNOUNCED MORE THAN 12,000 DISPLACED FAMILIES FROM SHARQAT & SOUTHERN MOSUL…ABADI ASSERTS RESHUFFLE IS PART OF THE REFORM PROCESS & “WE ARE NOT AGAINST QUESTIONING OF MINISTERS”…ALAK STATES “THERE IS A LACK OF FISCAL DISCIPLINE IN IRAQ.”…ZUBAI ASSERTS NUMBER OF REGISTERED POLITICAL PARTIES 68 ADVANCED APPLICATION REGISTRATION FOR ELECTIONS..MP’S ASSERT MALIKI GAVE MASSIVE BRIBES TO JOURNALISTS AND MEDIA OUTLETS FOR SILENCE TOWARDS SECTARIAN MURDERS INCLUDING HAWIJA MASSACRE AND CORRUPTION CRIMES..ISLAMIC SUPREME COUNCIL HAKIM HAILS PARLIAMENT IN THE LEGISLATION OF A&J AND GEN AMNESTY LAWS…ABADI STATES “WE NEED SOUND FISCAL AND MONETARY POLICY TO ENSURE THEY NEEDS W OF THE COUNTRY IN ALL FIELDS…MASUM CONCLUDES MEETING WITH CANADIAN INSTITUTE OF CORPORATE GOVERNANCE CALLS FOR FISCAL FEDERALISM AND AMEND LAWS TO “ELIMINATE ADMINISTRATIVE LAZINESS” AND TO ADOPT SYSTEM OF DECENTRALIZATION TO ACTIVATE STATE APPARATUS AND REVITALIZE ALL IRAQI REGIONS… CoM IN CONJUNCTION WITH MINISTRY OF PLANNING & HEALTH ANNOUNCE PROMOTION OF FUNDS FOR COMPLETION OF STALLED HOSPITAL PROJECTS OF 400 BEDS & LARGER AT 85% COMPLETION RATES OR BETTER…YOUTH & SPORTS MINISTRY ANNOUNCE INVESTMENT 125 BILLION IQD IN PROJECTS 1ST HALF OF 2016…RAFIDAIN BANK ISSUING LOANS TO KARRADA BOMBING VICTIMS…COMMERCE DEPARTMENT ANNOUNCES OPENING OF TRADE SUPPLY CENTER IN RAMADI AFTER ESTABLISHING SECURITY IN RECORD TIME TO SERVICE NEEDS OF ONGOING RETURN OF DISPLACED FAMILIES……IRAQI PRESS PUBLISHES NAMES OF PRL MEMBERS ABSENT FROM JULY SESSIONS…INDIA OPENS ITS CONSULATE GENERAL IN ERBIL…

SECURITY

PESHMERGA LIBERATE 12 VILLAGES FROM ISIS IN BOTH NORTHERN & SOUTHERN MOSUL…INT’L COALITION PERFORMS 14 SORTIES AGAINST ISIS IN IRAQ & SYRIA…PESHMERGA FORCES CLAIM CONTROL OVER 150 SQUARE KM AREA IN SOUTH EASTERNERN MOSUL…PESHMERGA ATTACK ISIS IN CENTER OF CHENKAL FROM 5 AXIS AND OVER 300 ISIS ELEMENTS…7 IRAQI BORDER GUARDS KILLED IN ATTACK AT REBIL JORDAN BORDER CROSSING..INT’L COALITION COMMANDER GARVER ANNOUNCE ARRIVAL OF 400 US ADVISORS OUT OF 560 COMMITTED BY ASH CARTER,,25 ISIS ELEMENTS KILLED INCLUDING SUICIDE PARTICIPANTS IN OPERATION IN SINJAR…INT’L COALITION LAUNCHES 21 SORTIES AGAINST ISIS IN IRAQ AND SYRIA…IRAQ AGREES TO OPEN AIRSPACE FOR RUSSIAN BOMBING MISSIONS IN SYRIA…ABADI ASSERTS THAT “IRAQ WILL DECIDE WHO PARTICIPATES IN LIBERATION OF MOSUL OPERATION” AMD “THE FORCES INVOLVED WILL BE DISCIPLINED”…INT’L ALLIANCE POUNDS WESTERN RAMADI KILLING 15 ISIS ELEMENTS…

BUSINESS/INVESTMENT/ECONOMY

GOLD AT 219,000 IQD TO THE WEIGHT…OPEC BASKET HITS $43.92…OIL HITS 5 WEEK HIGH AT $48.05…AUCTIONS AT $144 MILLION MON $139 MILLION TUESDAY…SHARES OF ERBIL BANK FOR INVESTMENT & FINANCE COMPANY LISTED ON ISX…RUMALIA GAS LINE RESTORED TO FULL CAPACITY FOR NASSERISM POWER STATION …BASRA GOVERNATE HOSTING GROUP OF KUWAITI INVESTORS TO DISCUSS INVESTMENT OPPORTUNITIES IN THE PROVINCE..OPENING OF RUSAFA WATER PROJECT ANNOUNCEMENT AT COST OF 1.2 TRILLION IQD…IRAQ REOPENS ARAR BORDER CROSSING POINT WITH SAUDI ARABIA…NEW OIL MINISTER ALLAIBI ASSERTS IRAQ HAS BIG PLANS TO INCREASE NATIONAL PRODUCTION AND INVESTMENT OPTIMIZATION FOR GAS…BASRA GOVERNATE CALLS FOR REHABILITATION OF PROVINCE BORDER POINTS AS INTEGRAL ECONOMIC RESOURCE AND MONITORING COMMITTEE RESOLVE OVERLAP LOGISTICS PROBLEMS AT NEW 3RD PORT OPENING AND SHALANJAH CROSSING WITH KUWAIT & NEW AGREEMENT OF IRANIAN BORDER POINT IN NORTHERN BASRA…SALEH STATES FOREIGN INVESTMENT INTEREST IN IRAQ HAS BLOSSOMED WITH INCREASED STABILITY, CONFIDENCE AND OPPORTUNITIES IN ALL SECTORS OF REGIONS LIBERATED OF ISIS…BASRA COUNCIL GITAN MEETS WITH ITALIAN COMPANIES CORATO & LYON PRO INVOLVEMENT IN NUMBER OF SERVICE PROJECTS ON CREDIT SYSTEM INCLUDING HOSPITAL & SCHOOL CONSTRUCTION…GERMANY ACCELERATING SUBMISSION OF GERMAN DEVELOPMENT BANK (KFW) LOAN TOWARDS IRAQ’S TERRORISM RECONSTRUCTION AREAS…IRAQ AUCTIONS THROUGH AUG 1ST 2016 DOWN 25% AGAINST SAME PERIOD 2015..BASRA OIL EXPORTS WILL RISE IN SEPTEMBER BY 13%

ARTICLE 1

SOME INTERNATIONAL COMPANIES CAUTIOUSLY RETURN TO IRAQ

FDI IN IRAQ COULD INCREASE BY 20% THIS YEAR….THAT THIS YEAR….2016!!!!!!

AMIDST A YEAR OF MILIRATY UNCERTAINTY AND FALLING OIL PRICES…

AND COMPANIES CLAIMING WORKING WITH IRAQI GOVERNMENT AS “IMPOSSIBLE” DUE TO NON PAYMENT FOR MORE THAN A YEAR….HOWEVER EAGER TO CONTINUE OPERATIONS IN IRAQ PROVIDED AVOIDING OF RELIANCE ON GOV’T MONEY AND INSISTANCE PAYMENT IS COMING FROM OUTSIDE OF IRAQI GOV’T…

AGAIN….WE HAVE POINTED OUT IRAQ’S CHALLENGING BUSINESS ENVIRONMENT DUE TO CORRUPTION AND BEAUREAUCRATIC RED TAPE AND POOR RANKINGS ON WB “EASE OF DOING BUSINESS” REPORTS MANY TIMES….ITS NOTHING NEW..OR SOMETHING THEY ARE IN DENIAL OF AND ACTIVELY ADDRESSING…

ARTICLE QUOTE BY SALEH……..”FOREIGN CAPITAL AND DEAL SCOUTING EXECUTIVES ARE QUIETLY & CAUTIOUSLY RETURNING TO IRAQ DUE TO INCREASED STABILITY & CONFIDENCE IN LIBERATED REGIONS LIKE FALLUJAH & RAMADI HAS STIMULATED INTEREST IN IRAQ FROM SERIOUS INVESTORS…….

SPECIFICALLY SITE $1 BILLION ELECTRICITY INVESTMENT FOCUS (LARGEST SINCE 2008)TO INFRASTRUCTURE WITH GE AS A DRIVER FOR FEASIBLE INVESTMENT INTEREST AND EVEN COMPANIES LIKE WYNDHAM WHO IS OPENING 2 NEW HOTELS IN NAJAF BEFORE 2018…INT’L LAW FIRM EVERSHEDS INVESTING IN 2 BIG PROJECTS TO ACQUIRE IRAQI ASSETS…

ARTICLE 2

Iraq signed a memorandum of understanding with the United Nations to follow up the files of corruption under the supervision of international investigators

BAGHDAD – Iraq Press – August 11 /2016

3RD PARTY INVESTIGATIVE AND VERIFICATION SUPPORT OF IRAQ’S POLICY AND CHANGE OF PACE & DIRECTION IN ELIMINATING CORRUPTION AND IMPROVING THEIR INTERNATIONAL CORRUPTION RANKINGS…

THE WHALES ARE GONNA CONTINUE TO FALL….GHABBAN…OBEIDI…ZEBARI…AND THEN BARZANI AND M WILL HAVE THEIR DAY IN THE SUN….

UN ACTING AS 3RD PARTY SUPPORT SYSTEM TO INVESTIGATE AND PROSECUTE CORRUPTION IN IRAQ….HUGE SIGNAL TO THE WORLD…
AND ZEBARI IS ON DECK TO BE QUESTIONED NEXT IN PARLIAMENT….

ARTICLE 3

The Arab League will hold a conference soon to support tourism in the marsh

Misan – Abdul Hussein Prism – preparing League of Arab States to organize an extended conference in support of eco – tourism in the marshlands in the twenty – fifth of this month, while recommended a seminar held in Maysan re indigenous to those areas and provide a decent living for them accessories.

Said Organization official nature of Iraq , Jassim al – Asadi »Sabah»: the League of Arab States will set up in collaboration with wHO and a number of civil society organizations , an expanded conference in the district Chabaish in the twenty – fifth of the current month on the future prospects for eco-tourism in the marshes, pointing out that the conference will see the participation of the delegations Arab and local competent Bsaahh and management of the marsh.

He explained that the conference will include the establishment of the activities and events of cultural and artistic activities are related industries , craft and exhibitions of photographs and oily, there will also be presentations of traditional fashion of the population of the marshlands with organizing a trip by boat deep in the marshes of Nasiriyah.

He said al – Asadi that the conference represents an important turning point in the side of awareness of environmental tourism, as it has been initialized Mzaiv bronchial in the marshes Chabaish to be a dwelling place for the visitors, calling for concerted efforts of all stakeholders to form a higher committee to manage the marshes file equally between the central and local governments. in the same vein, set up the Islamic Institute for training and development in Maysan a seminar to discuss the reality of the marshes under the title (strategy after joining the marshes to the World Heritage list).

Director of the Islamic Institute Salim Rahim Abdul Hassan, pointed statement »Sabah» to discuss a lot of treatises concerned marshes to develop the tourism and service reality in the presence of the deputy governor of Maysan and directors of health, police, environment and investment to maintain, as well as civil society organizations concerned with this Amajal.utl_khast the main recommendations of the seminar , according to Abdul Hassan to call for a re – native to the marshes of the population and provide a decent living for them and the establishment of a research center specializing requirements with the expansion of cultural and intellectual activities and outings tourism, as well as the formation of a cultural center People interested in heritage and work to prevent poaching and livestock development and to facilitate access to soft loans to support the population of the marshes in order to set up development projects, as well as the importance of holding an expanded conference of the three directly related marshes province

HERE IS A PIECE ON THE ARAB LEAGUE HOLDING A CONFERENCE TO PROMOTE THE MARSHES AND ACCEPTANCE TO WORLD HERITAGE LISTING..AND THE SUBSEQUENT DELUGE IN TRAVEL & TOURISM THAT WILL FOLLOW……HUGE….HUGE…HUGE NON-OIL REVENUE STREAMS……. HUGE…REMEMBER…. MORE THAN 5.5 MILLION RELIGIOUS PILGRIM TOURISTS AND TRAVELERS…

REMEMBER THE TERM…..”ECO-TOURISM”………IT IS GOING TO BE AN ABSOLUTE MONSTER…
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CURRENCY	CODE	SELL	BUY
US dollar	USD	1182.000	1180.000
Euro	EUR	1332.823	1332.157
British pound	GBP	1537.546	1536.777
Canadian dollar	CAD	917.346	916.887
Swiss franc	CHF	1227.159	1226.546
Swedish krona	SEK	140.477	140.407
Norwegian krone	NOK	143.605	143.533
Danish krone	DKK	179.113	179.023
Japanese yen	JPY	11.761	11.755
Special Drawing Rights	SDR	1656.218	1655.390

Indicative rates – 08.18.2016

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 17th

Posted on August 17, 2016 by BGG

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 08-17-16

Currency Auctions Announcement No. 3261

This daily currency auction was held in the Central Bank of Iraq on the 08-17-2016

The results were as follows:

DETAILS	NOTES
Number of banks	29
Number of remittance companies	14
Auction price selling dinar / US$	1182
Auction price buying dinar / US$	—–
Amount sold at auction price (US$)	134,692,868
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	134,692,868
Total offers for selling (US$)	—–

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

The truth is cruel, but it can be loved, and it makes free those who have loved it. – George Santayana

* Current News *

Dinar Updates “After Call – LIVE”!!

“Immediately following News Time!!”
from 8/16 “After Call” – w/RCookie,
Mr White & Hutch

Smart phone user link – Click here

______________________________________________________________

BGG (Dinar Guru) – […2017 BUDGET WILL BE $82 BILLION AND BASED ON $40 PER BARREL…] I haven’t looked at any recent budget numbers – but doesn’t that leave them pretty short still? On the other hand, if oil spikes – which it always does – they will be in really good shape…in fact, REALLY good shape.

Follow us on twitter @DinarUpdates !!

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

www.DinarUpdates.com – save as favorite!

______________________________________________________________

Iraqi government is unanimously unclear

The President of the House of Representatives Saleem al-Jubouri, Monday, insert the withdrawal of confidence from the Minister of Defence at a hearing next Tuesday.

Iraqi sources confirm that al-Maliki, who stepped down as prime minister forced two years ago is still seeking to derail the “companion” of the Islamic Dawa Party, hoping to win his job.

And approved by lawmakers, Monday, on the appointment of five new ministers, after months of delays and setbacks several received the Prime Minister to form a new government.

Interior and Defense Ministries of Cetkonan fierce struggle over what functions that are involved from the authorities and Taatahanh of the potential for theft of public money.

______________________________________________________________

Kaperoni (Dinar Guru) – Article: “Keywords acknowledges the absence of fiscal policy and accuses the institutions working for political interests Baaaguetha” Don’t confuse “fiscal policy” with “monetary policy” Fiscal policy is the means by which a government adjusts its spending levels and tax rates to monitor and influence a nation’s economy. It is the sister strategy to monetary policy through which a central bank influences a nation’s money supply.

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

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: “Basra calling for the rehabilitation of border outlets being an important economic resource” …WHERE AT ONE TIME THE CUSTOMS TARIFFS INCREASES TO BE IMPOSED AT BORDER POINT WERE MAJOR OBSTACLE AND SOURCE OF CONTENTION IN THESE BORDER CROSSING AREAS…THE SUCCESS OF THE REVENUE STREAMS TO THE COUNTRY AND PROVINCIAL SHARE OF THE REVENUES HAVE THESE AREAS TRIPPING OVER THEMSELVES TO GET ENGAGED…WHAT A DIFFERENCE A YEAR MAKES.

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

Jubouri eager to proceed with plans to speed up reform and enactment of important laws

The head of the House of Representatives, Salim al keen House of Representatives to proceed with plans to speed up reform and enactment of important laws.

The meeting was attended by US Ambassador to Iraq Stuart Jones.

______________________________________________________________

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

TUESDAY AUGUST 16TH, 2016

PARLIAMENT

GENERAL

SECURITY

BUSINESS/INVESTMENT/ECONOMY

ARTICLE 1

SOME INTERNATIONAL COMPANIES CAUTIOUSLY RETURN TO IRAQ

FDI IN IRAQ COULD INCREASE BY 20% THIS YEAR….THAT THIS YEAR….2016!!!!!!

AMIDST A YEAR OF MILIRATY UNCERTAINTY AND FALLING OIL PRICES…

ARTICLE 2

Iraq signed a memorandum of understanding with the United Nations to follow up the files of corruption under the supervision of international investigators

BAGHDAD – Iraq Press – August 11 /2016

3RD PARTY INVESTIGATIVE AND VERIFICATION SUPPORT OF IRAQ’S POLICY AND CHANGE OF PACE & DIRECTION IN ELIMINATING CORRUPTION AND IMPROVING THEIR INTERNATIONAL CORRUPTION RANKINGS…

THE WHALES ARE GONNA CONTINUE TO FALL….GHABBAN…OBEIDI…ZEBARI…AND THEN BARZANI AND M WILL HAVE THEIR DAY IN THE SUN….

UN ACTING AS 3RD PARTY SUPPORT SYSTEM TO INVESTIGATE AND PROSECUTE CORRUPTION IN IRAQ….HUGE SIGNAL TO THE WORLD…
AND ZEBARI IS ON DECK TO BE QUESTIONED NEXT IN PARLIAMENT….

ARTICLE 3

The Arab League will hold a conference soon to support tourism in the marsh

REMEMBER THE TERM…..”ECO-TOURISM”………IT IS GOING TO BE AN ABSOLUTE MONSTER…
______________________________________________________________

CURRENCY	CODE	SELL	BUY
US dollar	USD	1182.000	1180.000
Euro	EUR	1335.069	1334.401
British pound	GBP	1534.236	1533.469
Canadian dollar	CAD	918.986	918.527
Swiss franc	CHF	1228.946	1228.331
Swedish krona	SEK	140.232	140.162
Norwegian krone	NOK	144.958	144.885
Danish krone	DKK	179.453	179.363
Japanese yen	JPY	11.787	11.781
Special Drawing Rights	SDR	1657.294	1656.465

http://www.cbi.iq/

Indicative rates – 08.17.2016

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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Posted in Uncategorized | Comments Off

Dinar Daily NEWS Blog – August 16th

Posted on August 16, 2016 by BGG

Word for the day…

Mrs. BGG

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

Currency Auctions Announcement No. 3260

This daily currency auction was held in the Central Bank of Iraq on the 08-16-2016

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$)	139,098,650
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	139,098,650
Total offers for selling (US$)	—–

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

One definition of an economist is somebody who sees something happen in practice and wonders if it will work in theory. – Ronald Reagan

* Current News *

Dinar Updates “After Call – LIVE”!!

“Immediately following News Time!!”
8/16 “After Call” – w/RCookie,
Mr White & Hutch

from 8/10 Smart phone user link – Click here

______________________________________________________________

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Don’t MISS – “DU NEWS TIME” w/RCookie and Mr White in DU CHAT ROOM – Tuesday 7:30pm CST

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______________________________________________________________

Iraqi government is unanimously unclear

The President of the House of Representatives Saleem al-Jubouri, Monday, insert the withdrawal of confidence from the Minister of Defence at a hearing next Tuesday.

Iraqi sources confirm that al-Maliki, who stepped down as prime minister forced two years ago is still seeking to derail the “companion” of the Islamic Dawa Party, hoping to win his job.

And approved by lawmakers, Monday, on the appointment of five new ministers, after months of delays and setbacks several received the Prime Minister to form a new government.

Interior and Defense Ministries of Cetkonan fierce struggle over what functions that are involved from the authorities and Taatahanh of the potential for theft of public money.

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wmawhite (Dinar Guru) – …the “delete the zero project”…does not mean that a 1,000 IQD note becomes a 1 IQD note. The delete the zero project is the gradual removal of the larger notes from the market place…and that happens by the increase in value of the IQD which will reduce the prices in the market place, thus making the smaller notes usable. The fewer notes in circulation means a greater value of the currency. …the CBI has told everyone of us exactly what they are doing…We have the facts. [See more about “drop the zeros” under the Start Here tab at the top of this page…}

Read More: http://www.dinarupdates.com/observer/
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rcookie (Dinar Guru) – Urgent: judiciary issued an arrest warrant on the security and defense ministry officer and secretary general of military intelligence and the son of Khaled al-Obeidi…! Quote: “An informed source said on Sunday that the judiciary issued arrest warrants against memorandums of people at the Ministry of Defense based on the confessions of the accused, who directed the minister to the media in accordance with Article 243.” WOW! OBEIDI’S SON AND DEFENSE MINISTRY OFFICIALS ARRESTED…

Read More: http://www.dinarupdates.com/observer/
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Jubouri eager to proceed with plans to speed up reform and enactment of important laws

The head of the House of Representatives, Salim al keen House of Representatives to proceed with plans to speed up reform and enactment of important laws.

The meeting was attended by US Ambassador to Iraq Stuart Jones.

______________________________________________________________

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

WEDNESDAY AUGUST 10TH, 2016

GENERAL

GOLD AT 219,00 IQD TO THE WEIGHT…AUCTIONS AT $150 MILLION…ZEBARI PRESIDES OVER ECONOMIC AFFAIRS COMMITTEE ALONG WITH CBI GOVERNOR & CHAIR OF INVESTMENT AUTHORITY & INDUSTRY MINISTRY MEETING TO DISCUSS WINTER STRATEGY FOR BAGHDAD SERVICES PROJECTS WATER, SEWERAGE AS WELL AS PRIVATE SECTOR MEDICINE AND INDUSTRY…ABDUL BARI ZEBARI ELECTED TO PARLIAMENT FOREIGN RELATIONS COMMITTEE CHAIRMAN…JAFAARI ANNOUNCES ESTABLISHMENT OF FOREIGN CONSULS IN BASRA PROVINCE INCLUDING US, RUSSIA, KUWAIT, IRAN AND EGYPT FOR ECONOMIC & POLITICAL FACILITATION…NORWAY ANNOUNCES TOTAL RECONSTRUCTION SUPPORT TO IRAQ $10.6 MILLION FOR 2016…

SECURITY

ABADI DECLARES EDITING OF ISIS IN MOSUL NEAR WITH START OF 3RD AND FINAL PHASE AND PEOPLE WILL BE CELEBRATING SOON…DEFENSE MINISTRY ANNOUNCES RECEIPT OF SURVEILLANCE & RECONNAISSANCE “WIRE” AIRCRAFT IN ADDITION TO 3RD MEAL OF F-16 COMBAT JETS…ABADI ASSERTS THE USE OF AMERICAN AND IRANIAN CONSULTANTS TO LIBERATE MOSUL…ASADI ASSERTS READINESS TO LIBERATE MOSUL AND HAWIJA AND AWAIT ABADI ORDERS…SECURITY COMMAND ANNOUNCE COMMENCEMENT OF LIBERATION OF AREAS BETWEEN SALAHUDDIN AND DIYALA…INTERNATIONAL COALITION CONDUCTS 25 SORTIES IN IRAQ AND SYRIA…US COMMANDER SEAN MCFARLAND ANNOUNCES THE KILLING OF 45,000 ISIS ELEMENTS IN IRAQ & SYRIA OVER PAST 2 YEARS & 25,000 IN LAST 11 MONTHS…

PARLIAMENT

REFORM FRONT MP JABOURI ASSERTS MONDAY WILL SEE THE WITHDRAWAL OF CONFIDENCE FROM MoD OBEIDI…JABOURI RETURNS TO REGULAR EXERCISE HIS DUTIES AND ROUTINE AS SPEAKER OF PARLIAMENT…PARLIAMENTARY FINANCE REVEALS THE WASTE OF $500 BILLION FROM PREVIOUS YEARS AND ADMINISTRATIONS…PARLIAMENT AGENDA TOMORROW INCLUDES FREEDOM OF EXPRESSION LAW VOTE, 1ST READING OF 3RD AMENDMENT TO IRREGULAR PROVINCE ACT, & READ THE 4TH AMENDMENT TO LAW OF JOURNALISTS SYNDICATE, DISCUSS DRAFT AMENDMENT CARE OF MINORS LAW, AND LAW OF STATE BANKS….PARLIAMENT INVESTMENT COMMITTEE NAMES KANANI AS CHAIRMAN TO REPLACING JAWAD BOLANI…PARLIAMENTARY FINANCE CHAIRMAN HALBUSI WILL MEET TUESDAY WITH GOV’T OFFICIALS CONCERNING ANY OBSTACLES FACING ACHIEVEMENT OF INCREASING NON OIL REVENUES RU SUPPORT BUDGET & PREPARE REPORT THAT OUTLINE PROBLEMS & OBSTACLES INTERFERING WITH GOALS AND MEANS TO SOLVE THE PROBLEMS INCLUDING FINANCIAL & ECONOMIC POLICIES WITHIN THE MEMORANDUM WITH THE IMF AND CONVENTION FUND LOAN FOR IRAQ (SBA) AND HOST A PANEL OF SPECIALISTS & ADVISERS IN CoM AND CBI GOVERNOR, CHAIRMAN OF SUPREME AUDIT AND SALEH AND WILL INCLUDE JAPANESE LOAN DISCUSSIONS TO TO PRIORITY STATUS OF PROJECTS IN KURDISTAN REGION AND SET UP 3 SUBCOMMITTEES FOR INDEPENDENT BUDGETS TO HoR, SUPREME JUDICIAL COUNCIL & HUMAN RIGHTS COMMISSION AS WELL AS OIL LICENSING TOPICS RELATED TO 2016 BUDGET LAW…

BUSINESS/INVESTMENT/ECONOMY

MINISTRY OF CONSTRUCTION & HOUSING SIGN AGREEMENT WITH WORLD BANK TO REBUILD MUTHANNA BRIDGE IN BAGHDAD…CBI ESTABLISHES STANDARDS OF 7 CRITERIA FOR SELLING OF FOREIGN CURRENCY AND THE BANKS CLASSIFIED INTO PARTICULAR CATEGORIES…KUWAIT OFFICIALLY PARDONS IRAQ’S DEBT FOR THREE YEARS,…CITIBANK RELEASES STATEMENT EXPRESSING “CONFIDENCE IN IRAQ’S INVESTMENT PROSPECTS” AND REITERATES “CITI ALREADY HAS AN ESTABLISHED RELATIONSHIP WITH BANK OF BAGHDAD, NATIONAL BANK OF IRAQ, TRADE BANK OF IRAQ, & KURDISH NATIONAL BANK & OUTLINED CITI AS 1ST GLOBAL BANK TO COMMIT ITSELF TO IRAQ DEVELOPMENT IN 2013 AND CALLED IRAQ’S ECONOMY “A SLEEPING GIANT” AND ADDED “IRAQ’S GROWTH WILL REFLECT PROGRESS ON RESTORING STABILITY” NECESSARY TO RESTORE ITS ECONOMY & CONTINUE TO SEE “LONG TERM OPPORTUNITIES TO OFFER OUR INTERNATIONAL SERVICES” IN A COUNTRY WITH HUGE ECONOMIC POTENTIAL AND PROSPECTS PROVIDING AN IMMENSE OPPORTUNITY AND FURTHER AVOWS “CITI IS IN IRAQ FOR THE LONG TERM AND INTENDS TO STAY THE COURSE” WHILE ASSERTING NOT TO BE A SINGULAR FOCUSED TRADITIONAL BANKING SERVICES ENTITY BUT RATHER “ON GROUND RELATIONSHIP BUILDING COMPONENT OF REBUILDING IRAS INFRASTRUCTURE & MODERNIZATION INCLUDING FINANCING THE PURCHASE OF BOEING AIRCRAFT PROJECT OF IRAQI AIRWAYS TRU CLOSE RELATIONSHIP WITH US IMPORT/EXPORT BANK (EXIMBANK) AND OUTLINES ONE OF CITI’S MOST IMPORTANT ROLES IS TO “RECONNECT IRAQ TO THE GLOBAL FINANCIAL MARKETS WHICH IT HAS BEEN ABSENT FROM FOR MANY YEARS” AND INTENTION TO WORK WITH CITI AND DEUTSCHE BANK TO MANAGE BOND ISSUES THROUGH MoF…
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CURRENCY	CODE	SELL	BUY
US dollar	USD	1182.000	1180.000
Euro	EUR	1321.476	1320.815
British pound	GBP	1527.026	1526.262
Canadian dollar	CAD	914.719	914.262
Swiss franc	CHF	1213.179	1212.572
Swedish krona	SEK	139.619	139.549
Norwegian krone	NOK	144.027	143.955
Danish krone	DKK	177.605	177.517
Japanese yen	JPY	11.668	11.662
Special Drawing Rights	SDR	1649.564	1648.739

Indicative rates – 08.16.2016

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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Posted in Daily Dinar Updates | Comments Off

Dinar Daily NEWS Blog – August 15th

Posted on August 15, 2016 by BGG

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 08-15-16

Currency Auctions Announcement No. 3259

This daily currency auction was held in the Central Bank of Iraq on the 08-15-2016

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$)	144,850,509
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	144,850,509
Total offers for selling (US$)	—–

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

Shallow men believe in luck. Strong men believe in cause and effect. – Ralph Waldo Emerson

* Current News *

Dinar Updates “After Call – LIVE”!!

“Immediately following News Time!!”
8/15 “After Call” – w/RCookie,
Mr White & Hutch

from 8/10 Smart phone user link – Click here

Hey gang – out of respect… I am putting a hold on the official “News Time” and “After Call” for tonite. One of our gang has a family emergency – we’ll regroup sometime tomorrow.

Thanks

BGG

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BGG (Dinar Guru) – …the General Amnesty Law…our researchers tell us the 1st draft will be in Parliament over the weekend… NOT DONE OR VOTED ON!! [the gen amensty law may be voted on next week?] That appears to be correct. …they will work over this draft, read it a couple of times and go from there. It appears close. [what happen to make them move so fast now?] Easy – IMF, WB, UN – M-O-N-E-Y!!

Follow us on twitter @DinarUpdates !!

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

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______________________________________________________________

Abadi plans to put forward three candidates for each ministry to parliament soon

House of Representatives awaiting the arrival of the new cabinet reshuffles, “” Prime Minister Haider al-Abadi; to study; in preparation for a vote in parliament.

According to leaks that the prime minister intends to put forward three candidates for each ministry names are selected after negotiations with the political blocs. Provided that the “efficiency” are essentially standard in filtration.

In this regard, MP for the coalition of state law, Haider Mawla says the parliament awaiting a list of the names of the Prime Minister “substitutes” for those who have resigned or sacked minister.

He adds in an interview with “New Morning”, “The Abadi will present three candidates for each Zarh- with Almatah- walked to the House of Representatives, to be read and see them as a prelude to display a vote within the dome of the House of Representatives.”

He called on the prime minister to the Lord “to choose a professional, efficient and able to manage the ministries in the subsequent stage names, in addition to the importance of the fast advance of the arrival of the names, until a minister bench duties.”

His colleague in the coalition of state law, Sheikh Ahmed Taha Ali, says that there are discussions taking place between the political blocs on the forthcoming cabinet reshuffle, according to the announcement by the Prime Minister. ”

He adds in an interview with “New Morning”, “The Prime Minister announced on multiple occasions for MPs, it is the process of selecting efficient management capable of managing the ministry.”

Stressing the importance to have it, “in coordination with the political blocs, in order to be a successful process of change and win the vote in parliament.”

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rcookie (Dinar Guru) – Article quote: “Revealed Badr parliamentary bloc, on Saturday, on the nomination of Qasim al – Araji , an official for the post of interior minister, noting that the cabinet reshuffle will be presented to a vote next Monday.” Article: “Adeeb: National Alliance blocs will meet tomorrow to decide the general amnesty law” IRAQ IS GONNA GET THEIR VOTE ON FOR MONDAY…BOTH LAWS GETTING REQUISITE COMMITTEE REVIEWS TOMORROW [SUNDAY]…AND PARLIAMENT FOR VOTE MONDAY…

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

BGG (Dinar Guru) – [On a scale of 1 to 10, how excited are you about UN intervention into Iraq corruption files?] 9 – it’s why things are moving so fast.

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

The central bank adopted an open door policy to communicate with banks and money transfer

BAGHDAD – Central Bank announced on Monday adopted an open door policy to communicate with the licensed private banks, financial firms and conversion, as well as a broker in the sale and purchase of foreign currency businesses.

According to a statement of the bank, received / balances News / copy of it, that “the Bank Asatmd open-door policy to reach out and listen to the notes and the obstacles facing it, the belief that interactive relationship and direct communication would Breaking the difficulties and eliminates bureaucratic phenomena and prevent exploitation and favoritism,” noting that “the new policy will help build the banking and financial sector, decent, in reference to the approved private banks, financial firms and conversion, as well as a broker in the sale and purchase of foreign currency businesses.”

He said the bank, he “devoted Emil particular to communicate and receive conservative directly up to this email”, calling for “Send comments or suggestions or request interviews Governor of the Bank of the email bearing in mind that all of this is in the framework of the observance of laws and regulations and instructions.”

He pointed out the bank, that “some claim that exposure to blackmail from the staff in order to stroll treated at the central bank often be motivated by other co-opt for mediation and intervention, which is a very dangerous practice if it is incorrect, as is happening in what we learn it from the cases of the professional and national duty to be informed of Directors of the Bank directly in order to counter any negative phenomenon does not help to provide a safe and fair environment will appreciate these positions and put them in a whistleblower integrity, honesty and diligence box. ”

The bank noted that “some who apply right decisions and actions of the Central Bank are using the media or communication sites accusations and defamation staff responsible for the conduct of transactions or in charge of surveillance and investigation, including damages to the Central Bank, a tactic inconsistent with the lowest fitness and professionalism and objectivity degrees and it is unthinkable in the banking sector and financial, which settled in more countries around the world on the best practices and the highest degree of professional, social and ethical responsibility “.anthy 29/33 h

______________________________________________________________

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

WEDNESDAY AUGUST 10TH, 2016

GENERAL

SECURITY

PARLIAMENT

BUSINESS/INVESTMENT/ECONOMY

CURRENCY	CODE	SELL	BUY
US dollar	USD	1182.000	1180.000
Euro	EUR	1318.876	1318.216
British pound	GBP	1532.227	1531.460
Canadian dollar	CAD	913.094	912.637
Swiss franc	CHF	1211.935	1211.329
Swedish krona	SEK	139.807	139.737
Norwegian krone	NOK	143.927	143.855
Danish krone	DKK	177.273	177.184
Japanese yen	JPY	11.584	11.578
Special Drawing Rights	SDR	1647.980	1647.156

http://www.cbi.iq/

Indicative rates – 08.15.2016

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 10th

Posted on August 10, 2016 by BGG

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 08-10-16

Currency Auctions Announcement No. 3256

This daily currency auction was held in the Central Bank of Iraq on the 08-10-2016

The results were as follows:

DETAILS	NOTES
Number of banks	29
Number of remittance companies	16
Auction price selling dinar / US$	1182
Auction price buying dinar / US$	—–
Amount sold at auction price (US$)	150,128,953
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	150,128,953
Total offers for selling (US$)	—–

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

Freedom has cost too much blood and agony to be relinquished at the cheap price of rhetoric. – Thomas Sowell

* Current News *

Dinar Updates “After Call – LIVE”!!

“Immediately following News Time!!”
8/10 “After Call” – w/RCookie,
Mr White & Hutch

Smart phone user link – Click here

______________________________________________________________

rcookie (Dinar Guru) – Article: “Parliamentary Legal apply to the presidency of the parliament to display the general amnesty law Thursday” […there are those that say the passing of the Amnesty law will bring us $1.00. Do you believe this to be so?] NO…I DONT DO DATES AND RATES…BUT THE GENERAL AMNESTY LAW IS NECESSARY AND IMPORTANT ON MANY FRONTS INCLUDING NATIONAL RECONCILIATION AND INT’L CREDIBILITY, CONFIDENCE AND STABILITY OF IRAQS LEGISLATIVE & JUDICIAL INSTITUTIONS…INSTITUTIONAL STABILITY… [WITH THE AMNESTY LAWS DO YOU THINK THE OBSTRUCTIONIST WILL MOVE OUT OF THE WAY AND GET THINGS GOING?] YES I DO…I THINK IT WILL IMPACT THE ENTIRE LANDSCAPE TOWARD THAT END…IMHO.

DU NEWS RECAP by RCookie

WEDNESDAY AUGUST 10TH, 2016

GENERAL

SECURITY

PARLIAMENT

BUSINESS/INVESTMENT/ECONOMY

Follow us on twitter @DinarUpdates !!

Don’t MISS – “DU NEWS TIME” w/RCookie and Mr White in DU CHAT ROOM – Wednesday 7:30pm CST

www.DinarUpdates.com – save as favorite!

______________________________________________________________

Abadi plans to put forward three candidates for each ministry to parliament soon

House of Representatives awaiting the arrival of the new cabinet reshuffles, “” Prime Minister Haider al-Abadi; to study; in preparation for a vote in parliament.

In this regard, MP for the coalition of state law, Haider Mawla says the parliament awaiting a list of the names of the Prime Minister “substitutes” for those who have resigned or sacked minister.

He adds in an interview with “New Morning”, “The Prime Minister announced on multiple occasions for MPs, it is the process of selecting efficient management capable of managing the ministry.”

Stressing the importance to have it, “in coordination with the political blocs, in order to be a successful process of change and win the vote in parliament.”

______________________________________________________________

Kaperoni (Dinar Guru) – Article: “Economist: the need to work with international standards of banking sector reform” Quotes: “reform of the banking sector with the support of the Central Bank and to take decisive and quick decisions to correct all the negative tracks” “accompanied by the adoption of new financial monetary policy lead to comprehensive reform” We are about to see banking reforms full speed ahead. And be assured, currency reform is part of even though it is not mentioned.

Read More: http://www.dinarupdates.com/observer/
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rcookie (Dinar Guru) – BEEN WAITING FOR THIS…ITS A BIGGIE!! Article: “Parliamentary Legal apply to the presidency of the parliament to display the general amnesty law Thursday” SO ACCOUNTABILITY & JUSTICE LAW AND AMNESTY LAW WITHIN 2 WEEKS OF EACH OTHER…BOULYAAAAAH!

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

The central bank adopted an open door policy to communicate with banks and money transfer

______________________________________________________________

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) SUNDAY August 7th, 2016

ECONOMY/INVESTMENT/BUSINESS

TRANSPORT MINISTER HUSSEIN ANNOUNCES ROAD (LAND) TRANSPORT BUSINESS VOLUME UP 300% (742 MILLION)….GOLD AT 219,000 IQD PER WEIGHT…”QUANTUM LEAP” RECOVERY IN IRAQI REAL ESTATE MARKET EXPECTED DUE TO PLETHORA OF PROJECTS ALIGNED FOR EXECUTION IN COMING PERIOD WITH MORE THAN $4 BILLION IN CBI FUNDS ALLOCATED…MARITIME TRANSPORT PREPARING FOR FLOATING MARINE STATION WITH CAPABILITIES OF 9 SHIPS AS PART OF PORT SERVICES OFFERED…INTERNATIONAL UNION ARAB BANKERS REP NASSIRI ASSERTS 64% OF TOTAL (92 COMPANIES) ISX TRADING MARKET IS IN BANKING SECTOR WITH 36% FROM ALL OTHER SECTORS AND CALLS FOR DISCLOSURE OF TRANSPARENT MONTHLY DATA REPORTING WITHIN ROLE OF MARKET SECURITIES TO ATTRACT INT’L INVESTMENT AS WELL AS LAUNCHING NATIONAL DEPOSIT INSURANCE SCHEME AND FACILITATE GOAL OF RAISING THE SAVINGS RATIO & ADDRESS LIQUIDITY CRISIS IN MARKET AND BONDS PROGRAMS AS WELL AS LAUNCH OF ELECTRONIC PUBLISHING TECHNIQUES OF MARKET DATA TO INCREASE ISX INVESTMENT & AWARENESS…SALEH STATES THAT IRAQ WILL RECEIVE TOTAL OF $2 BILLION IN IMF SBA ENDS IN TOTAL BY END OF 2016 WITH REMAINDER SPREAD OVER REMAINING YEARS…MANSUR INVESTMENT BANK REPORTS SECOND QUARTER PROFITS UP 5.7% (4.08 BILLION IQD) AGAINST SAME PERIOD LAST YEAR BRINGING YTD PERFORMANCE UP 8.93% (11.58 BILLION IQD)…THE COMPANY CONFIRMED TODAY AT 1ST MEDIA FORUM THAT 4.7 MILLION IRAQIS CURRENTLY USING QI CARD AND LOOKING TO EXPAND ACTIVITIES IN VARIOUS COUNTRIES WHERE RAFIDAIN BANK BRANCHES EXIST WITH MINIMAL CORRUPTION OF SALARIES DELIVERY AND ELECTRONIC CERTIFICATES OF BIRTH & DEATH AND RETIREMENT BENEFITS OF MARTYRS…IRAQI STOCK EXCHANGE ANNOUNCED TODAY THE LAUNCH OF INVESTMENT FUNDS AND ADD NEW FINANCIAL INSTRUMENTS FOR TRADING IN COLLABORATION WITH THE CENTRAL BANK AND GIVE THE FUND A PRIORITY AWAY FROM THE COMMITTEE ISSUING LICENSING FROM JULY 17TH IN THE SECURITIES COMMISSION DEPARTMENT OF REGISTRATION OF COMPANIES TO ATTRACT NATIONAL AND FOREIGN SAVINGS & INVESTMENT IN SECURITIES AND ADD TOOLS TO FINANCIAL TRADING WITH ECONOMIST HABIB CALLING FOR PRIORITIZATION OF INVESTMENT FUNDS IN PROCESS OF ECONOMIC DEVELOPMENT ESPECIALLY IN AGRICULTURE & INDUSTRIAL AS INVESTMENT FUNDS ARE A VIABLE SOLUTION TO FUNDING PROBLEMS EXPERIENCED IN NATIONAL ECONOMY AND AT SAME TIME WILL DRIVE PRODUCTIVE SECTORS AND MAJOR STRATEGIC PROJECTS CURRENTLY STALLED AND ENABLE THEM TO THRIVE & PROFIT IN IMPORTANT SECTORS SUCH AS TRANSPORT AND INDUSTRIAL THROUGH SHARES OFFERED IN JOINT STOCK COMPANIES……IRANIAN NON OIL EXPORTS TO IRAQ RISE 23% TO $2.4 BILLION USD IN 4 MONTHS OF IRANIAN NEW YEAR OVER DSAME PERIOD LAST YEAR…SALEH ISSUES STATEMENT THAT DONORS FUNDS TOWARD DEVELOPMENT INVESTMENT WILL ATTRACT FOREIGN INVESTORS AND BRING STABILITY POST ISIS…

GENERAL

AUCTION SALES AT $139 MILLION…INTEGRITY ANNOUNCES NEED TO ADDRESS WRINKLES IN PRODUCT PROTECTION SYSTEMIC PROBLEMS IN CUSTOMS TARIFFS QUALITY CONTROL & INSPECTION RESULTING FROM COMPANIES FAILURE TO LEGALLY CONFORM TO NEW GUIDELINES FOR PRODUCERS ENTERING IRAQI MARKET…IRAQ TOURISM MINISTER ZUBAIDI SIGNS MOU WITH AFGHANISTAN REGARDING AREA OF JOINT COMMITTEE AND BILATERAL COOPERATION IN TOURISM BETWEEN 2 COUNTRIES…NORTHER BASRA BORDER POINT WITH IRAN READY FOR REOPENING…ANBAR GOVERNOR REPLACES THE MAYOR OF FAQLLUJAH WITH SHALAAN…BASRA AIRPORT ANNOUNCES COMPLETION OF LOGISTICAL & TECHNICAL GATHERING CENTER FOR PILGRIMS TO THE HOLY LAND FOR THIS YEAR INCLUDING ALL NECESSARY LOUNGES & AMENITIES…UN ASSERTS 1.6 MILLION DISPLACED WILL CAST VOTES IN LOCAL ELECTIONS IN PROVINCES…BASRA CITIZENRY DEMANDING LARGER PERCENTAGE JOB OPPORTUNITIES FOR WORKERS IN FOREIGN OIL COMPANIES…ZUBAI ANNOUNCES THE ADVANCED APPLICATION &REGISTRATION OF 52 POLITICAL BLOCS…485 DISPLACED FAMILIES RETURNED TO THEIR HOMES IN MUQDADIYAH…FALLUJAH RESIDENTS BEGINNING RETURN TO THEIR HOMES WITH MORE CONCENTRATED NUMBERS EXPECTED IN COMING DAYS…IMMIGRATION DEPARTMENT ANNOUNCES THE RETURN OF 51,000 DISPLACED FAMILIES IN ANBAR PROVINCE…

PARLIAMENT

JABOURI MAKES STATEMENT IN TESTIFYING TO INVESTIGATIVE COMMISSION CONCERNING OBEIDI QUESTIONING SESSION IN PARLIAMENT AND ACCUSATIONS OF VARIOUS PARLIAMENT MEMBERS INVOLVEMENT IN OBEIDI ALLEGATIONS…PARLIAMENT WILL VOTE ON HOLIDAYS ACT TO MINIMIZE OFFICIAL NATIONAL RELIGIOUS & GOV’T HOLIDAYS WHICH IS GREATLY AFFECTING WORK OF THE STATE ESTIMATED LOSSES OF 150 BILLION ANNUALLY TO ECONOMY…PARLIAMENT CONTINUES QUESTIONING OF OBEIDI IN CLOSED DOOR INTEGRITY SESSION AND ASKED WHY HE DID NOT REPORT AND NAME NAMES EARLIER AS HE PROVIDED WITNESS STATEMENTS & DOCUMENTS TOWARD TESTIMONY AND PANEL WITNESS CODIFICATION PROCESS FROM ABADI PANEL WHILE OTHER REPORTS STATE OBEIDI REFUSED TO TESTIFY CONCERNING EVIDENCE OF INDIVIDUALS HE NAMED FROM PREVIOUS SESSION …ELECTORAL COMMISSION ASSERTS READINESS OF REGIONAL ELECTIONS IN ALL AREAS EXCEPT KURDISTAN…JABOURI PROCLAIMS HIS LEGAL ABILITY TO PUBLISH RELEASE THE AUDIO/VIDEO TESTIMONY OF OBEIDI 1ST SESSION AND PURSUE DEFAMATION LAWSUIT…COURT OF CASSATION SENT PEREMPTORY PROVISIONS OF EXECUTION RATIFICATION OF THE PERPETRATORS OF SPYKER CRIMES (36) FOR PRESIDENT & PRIME MINISTER…HEAD OF PARL SOCIAL AFFAIRS COMMITTEE FINISH FINAL DRAFT OF LAW GUARANTEE PRIVATE SECTOR WORKERS MINIMUM PENSION 450K IQD COVERING 4 MILLION IRAQI WORKERS…

SECURITY

ABADI MEETS WITH NATIONAL SECURITY COUNCIL TO PREPARE FOR LIBERATION OF REMAINING “FIST OF ISIS” IN MOSUL…11 ISF SOLDIERS KILLED NEAR MOSUL…BARAZANI SENDS KURDISH SECURITY DELEGATION TO TEHRAN TO DISCUSS MOSUL LIBERATION PROCESS…33 ISIS ELEMENTS KILLED IN PROACTIVE RAIDS IN NORTHERN RAMADI…DOZENS OF ISIS ELEMENTS REPORTED KILLED ON FAILED ATTEMPTS TO RAID VILLAGES IN SOUTHERN MOSUL…
______________________________________________________________

CURRENCY	CODE	SELL	BUY
US dollar	USD	1182.000	1180.000
Euro	EUR	1309.420	1308.765
British pound	GBP	1534.709	1533.941
Canadian dollar	CAD	901.121	900.670
Swiss franc	CHF	1202.442	1201.840
Swedish krona	SEK	137.680	137.612
Norwegian krone	NOK	139.940	139.870
Danish krone	DKK	176.076	175.988
Japanese yen	JPY	11.549	11.543
Special Drawing Rights	SDR	1644.635	1643.812

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 08-23-16

There is nothing so likely to produce peace as to be well prepared to meet the enemy. – George Washington

*** Current News ***

Dinar Updates “After Call – LIVE”!!

“Immediately following News Time!!” Tues. 8/23 “After Call” – w/RCookie, Mr White & Hutch

from 8/16 – Smart phone user link – Click here

Follow us on twitter @DinarUpdates !!

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

www.DinarUpdates.com – save as favorite!

Urgent Abadi: The government approved a general amnesty law and we support and call on Parliament to approval

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

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

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

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

Indicative rates – 08.23.2016

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

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 08-22-16

You may have to fight a battle more than once to win it. – Margaret Thatcher

*** Current News ***

Dinar Updates “After Call – LIVE”!!

“Immediately following News Time!!” Tues. 8/23 “After Call” – w/RCookie, Mr White & Hutch

from 8/16 – Smart phone user link – Click here

Follow us on twitter @DinarUpdates !!

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

www.DinarUpdates.com – save as favorite!

Urgent: Dumping millions of leaflets and the Iraqi media to herald the end of Mosul Daesh

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

Moves to reform the economic system

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

Indicative rates – 08.22.2016

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

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 08-21-16

Those who profess to favor freedom, and yet depreciate agitation, are men who want crops without plowing up the ground. – Frederick Douglass

*** Current News ***

Follow us on twitter @DinarUpdates !!

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

www.DinarUpdates.com – save as favorite!

Urgent: Dumping millions of leaflets and the Iraqi media to herald the end of Mosul Daesh

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

Moves to reform the economic system

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

Indicative rates – 08.21.2016

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

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 08-20-16

Freedom is the greatest generator of prosperity and happiness in human history. – Will Spencer

*** Current News ***

Follow us on twitter @DinarUpdates !!

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

www.DinarUpdates.com – save as favorite!

Abadi: a cabinet meeting today was attended by the new ministers

BGG ~ I know this piece is a couple of days old – but it CLEARLY shows a new move in the GOI.

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

Iraqi delegation in Cairo to take advantage of the experience of the Egyptian Investment Authority

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

Anbar governor reveals an agreement to build a modern, commercial city in Habbaniyah

Iraq claims at a rapid pace to restore confidence in the banking sector

Directed a parliamentary to overcome the obstacles to foreign investor

Indicative rates – 08.20.2016

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

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 08-19-16

Money is truthful. If a man speaks of his honor, make him pay cash. – Robert Heinlein

*** Current News ***

Follow us on twitter @DinarUpdates !!

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

www.DinarUpdates.com – save as favorite!

Abadi: a cabinet meeting today was attended by the new ministers

BGG ~ I know this piece is a couple of days old – but it CLEARLY shows a new move in the GOI.

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

Iraqi delegation in Cairo to take advantage of the experience of the Egyptian Investment Authority

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

* Current News *

“Immediately following News Time!!”
Tues. 8/23 “After Call” – w/RCookie,
Mr White & Hutch

* Current News *

“Immediately following News Time!!”
Tues. 8/23 “After Call” – w/RCookie,
Mr White & Hutch

* Current News *

* Current News *

* Current News *

* Current News *

* Current News *

“Immediately following News Time!!”
from 8/16 “After Call” – w/RCookie,
Mr White & Hutch