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

11:05 a.m.

Officials, diplomats, media witness convening of new Iraqi parliament

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

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

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

The speaker will then choose Iraq’s next president.

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

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

12:18 p.m.

President Masum urges separation of powers

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

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

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

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

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

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12:28 p.m.

Abadi urges security institutions, government, parliament to be united

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

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

Abadi blamed divisions and sectarian entrenchment on the ISIS conflict.

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

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

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

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

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12:28 p.m.

Jabouri says despite being limited, previous parliament upheld democracy

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

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

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

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

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

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

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2:34 p.m.

Parliament in recess

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

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

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

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2:48 p.m.

Abadi names himself head of Hashd al-Shaabi

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

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

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

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3:35 p.m.

Parliament has reconvened after its recess

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3.48 p.m.

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

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

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

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4.34 p.m.

Parliament’s session will continue Tuesday

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

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Follow us on twitter @DinarUpdates !!

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

______________________________________________________________

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

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

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

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

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

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

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

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

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

Source: Al Hayat newspaper

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

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

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

Read more: http://www.dinarupdates.com/observer/
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BGG ~ Where are we with this investment?

It’s something I get asked all the time. So many have been wrong – me included.

Here are some thoughts on the current situation that may help some folks. So many say the politics don’t matter to the currency. This isn’t exactly accurate. The politics impact the economy… Iraq’s currency is, by many astute accounts, “grossly undervalued”. A basic definition of currency? It is a promissory note on the underlying economy of the country.

I am assuming any governing body with say in this matter is going to refrain until the results are final and a government transition is made or is being made. Just my thinking.

How is this formation coming along? There are now two main groups competing for the chance to form the next GOI.

On one side you have the “Nucleus” of Sadr, Abadi, Hakim and Allawi… roughly 136 seats (the largest bloc will need at least 165). Abadi seems to be the clear favorite from this group to lead for another term.

On the other side there is Ameri and Maliki with 73 seats – it seems to me, most of the delay has been from this side of the aisle. They have burned ballot boxes (Maliki, that is…) cried fraud, stalled, steered, stared and stalked over and over.

Why? They need to delay things long enough to cause some drama and along the way figure out how to patch together some kind of wicked alliance that will get them to 165.

The remaining players (still in play and up for grabs) are the KDP with 25 seats, the PUK with 18 seats and the “National axis” created just recently of middle of the road Sunnis – Nujafi, etc, etc, etc… who have roughly 20 seats. These three groups (the KDP, PUK and the Axis) appear to have entered into some kind of loose negotiating alliance with one another.

Whichever side attracts this group or part of this group, probably wins.

(See this source article: http://www.rudaw.net/english/middleeast/iraq/150820181)

Barzani has been making noise that he and Maliki are the closest. This doesn’t surprise me. These two have been in some hinky, crooked alliance going way back.

However, there is also news the Sunni “axis”, with those roughly 20 seats are already about to join the “Nucleus”… if this is true… and if the recent news of Sadr and Abadi making big concessions in Kurkuk to the Kurds (not to the Barzani family directly)… is accurate… well, from there the electoral math for Ameri and Maliki gets very, VERY difficult. I’ll leave you to your calculators.

When? No clue – but all of the above is why Abadi has been pushing for a quick resolution. Sooner is better for them and worse for the bad actors. Speaking of which – it would also not be impossible for a late stage defection of Ameri to the “Nucleus”… it’s on the table. When he gets the idea it’s inevitable, he may well move.

As a footnote: one more bad move by Barzani (as in; the referendum) landing him on the wrong side of history with his hand in the cookie jar… might well get he and the KDP HAMMERED in the free and fair KRG elections supposedly coming in September – which you can bet will be overseen by the UNHRC (the UN).

In fact, the PUK (Barzani’s counterparts in Kurdistan) might well allow Barzani to make such a move and then split from him – aligning with Sadr and Abadi… If this happens, it’s a slam dunk for the “Nucleous” without Barzani. It would also probably doom Barzani and the KDP in the fall. Not an impossible scenario.

Short story: I am very encouraged with what we are seeing in the news right now. It’s no guarantee of anything right away – but it looks like some big moves being in the right direction.

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

Read more: http://www.dinarupdates.com/observer/
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BGG ~ If you need a quote to buy Dinar – Please leave me a message on voicemail, send a text (615-509-6256), an e-mail or FaceBook message me. These all work.

Our Current Sale Price is $995 per million.

www.TheDinarExchange.com

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Iraq’s Maliki sidelined as Kurds and Sunnis seek Sadr coalition

Sadr’s Sairoon bloc says it expects deal to establish biggest alliance in parliament

Iraq’s Kurdish and Sunni blocs have expressed their willingness to form a coalition with election winner Moqtada Al Sadr, an indication that former Prime Minister Nouri Al Maliki, who is seeking power, could lose his grip over the country’s political scene.

Mr Al Sadr’s Sairoon bloc and Mr Al Maliki’s State of Law coalition have been competing to strike a deal with the Kurdistan Democratic Party (KDP) and the Patriotic Union of Kurdistan (PUK) as well as Sunni blocs to establish the biggest ruling alliance in parliament.

“There are signs of agreement between the Kurds and the Sunnis to ally with Sairoon,” Raed Fahmi, a prominent politician in Sairoon’s bloc said on Sunday.

Yet, Kurdish parties will play a central role in the formation of the next government as they collectively secured over 40 seats in the May elections. They have yet to officially announce their alliance.

The Kurdish parties have set conditions for allying with the major blocs, PUK leader Arez Abduallah said in a statement.

“Our conditions are constitutional and include the existence of a government with a true national partnership that is in balance with the constitution,” Mr Abduallah said, adding that his party will ally with the bloc that is “consistent with our political vision”.

The development is seen as a blow to Mr Al Maliki’s efforts as he seeks to gain support from the northern Iraqi parties. During his time in power, he was criticised for alienating Sunnis and Kurds by excluding them from key positions and undermining power-sharing in Iraq.

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

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

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

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

Iraqi Sunnis form ‘National Axis Alliance’ to have voice in new government

Iraqi President urges new lawmakers to quickly hold first session

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URGENT Member of wisdom: National axis may join the larger bloc next week

Member of Wisdom: National Axis may join the larger bloc next week

(Baghdad: Al-Furat News) Rajah member of the National Wisdom Movement Mohammed al-Husseini joined the National Axis of the largest bloc next week.

“The features of the formation of the largest bloc existed before the meeting of the Babylon Hotel, and other than that is the words of media,” he said, adding that “welcoming any demands within the roof of the Constitution and the law and otherwise are rejected.”

He pointed to “the adherence of some political forces to certain demands and positions,” pointing out that “there is Kurdish flexibility and we believe that the demands will be according to the Constitution.”

Husseini added that “any demands that violate the constitution will open the door of external intervention and produce a fragile government,” noting that “the coming days will produce a big event to help us quickly form the largest bloc,” explaining that “next week the nucleus of the largest bloc will be five and may join the national axis ” He said.

“We do not want to form a government on the basis of partisan and partisan interests, and there is no alliance in the political arena is greater than the alliance of the nucleus of the largest bloc.” He pointed out that “we are heading to form a national majority and can not be achieved without the Kurds and other representatives of social components, “We do not have red lines on anyone, but we put them against any alliance or sectarian and national bloc, because we will return to the previous failed experience in the participation of everyone in the government and everyone opposes it.”

Read More: Dinarupdates.com “Current Iraq News Thread”
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Baghdad, al Sadr populists and premier Abadi allies form new government

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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Post RV Checklist (it’s getting to be that time!! Listen up!!)

Dos and Don’ts of Windfall Wealth:

Treat it like a PowerBall win

– Tell no one, not even family. If you must talk, do so with one who is already in the know.

– Don’t run out & buy new “stuff”. People notice.

– Get an unpublished number and give it out very sparingly.

– Get a tax accountant you can trust to make sure the IRS is satisfied (Certified Opinion is something to look into) and pursue asset protection…

Read Complete List: http://www.dinarupdates.com/showthread.php?18519-The-Post-RV-Checklist-and-Flashback-documents&p=128477#post128477
______________________________________________________________

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

Thanks – BGG!!

www.DinarUpdates.com

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

______________________________________________________________

Follow us on twitter @DinarUpdates !!

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

______________________________________________________________

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

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

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

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

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

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

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

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

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

Source: Al Hayat newspaper

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

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

______________________________________________________________

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

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

BGG ~ Where are we with this investment?

It’s something I get asked all the time. So many have been wrong – me included.

Here are some thoughts on the current situation that may help some folks. So many say the politics don’t matter to the currency. This isn’t exactly accurate. The politics impact the economy… Iraq’s currency is, by many astute accounts, “grossly undervalued”. A basic definition of currency? It is a promissory note on the underlying economy of the country.

I am assuming any governing body with say in this matter is going to refrain until the results are final and a government transition is made or is being made. Just my thinking.

How is this formation coming along? There are now two main groups competing for the chance to form the next GOI.

On one side you have the “Nucleus” of Sadr, Abadi, Hakim and Allawi… roughly 136 seats (the largest bloc will need at least 165). Abadi seems to be the clear favorite from this group to lead for another term.

On the other side there is Ameri and Maliki with 73 seats – it seems to me, most of the delay has been from this side of the aisle. They have burned ballot boxes (Maliki, that is…) cried fraud, stalled, steered, stared and stalked over and over.

Why? They need to delay things long enough to cause some drama and along the way figure out how to patch together some kind of wicked alliance that will get them to 165.

The remaining players (still in play and up for grabs) are the KDP with 25 seats, the PUK with 18 seats and the “National axis” created just recently of middle of the road Sunnis – Nujafi, etc, etc, etc… who have roughly 20 seats. These three groups (the KDP, PUK and the Axis) appear to have entered into some kind of loose negotiating alliance with one another.

Whichever side attracts this group or part of this group, probably wins.

(See this source article: http://www.rudaw.net/english/middleeast/iraq/150820181)

Barzani has been making noise that he and Maliki are the closest. This doesn’t surprise me. These two have been in some hinky, crooked alliance going way back.

However, there is also news the Sunni “axis”, with those roughly 20 seats are already about to join the “Nucleus”… if this is true… and if the recent news of Sadr and Abadi making big concessions in Kurkuk to the Kurds (not to the Barzani family directly)… is accurate… well, from there the electoral math for Ameri and Maliki gets very, VERY difficult. I’ll leave you to your calculators.

When? No clue – but all of the above is why Abadi has been pushing for a quick resolution. Sooner is better for them and worse for the bad actors. Speaking of which – it would also not be impossible for a late stage defection of Ameri to the “Nucleus”… it’s on the table. When he gets the idea it’s inevitable, he may well move.

As a footnote: one more bad move by Barzani (as in; the referendum) landing him on the wrong side of history with his hand in the cookie jar… might well get he and the KDP HAMMERED in the free and fair KRG elections supposedly coming in September – which you can bet will be overseen by the UNHRC (the UN).

In fact, the PUK (Barzani’s counterparts in Kurdistan) might well allow Barzani to make such a move and then split from him – aligning with Sadr and Abadi… If this happens, it’s a slam dunk for the “Nucleous” without Barzani. It would also probably doom Barzani and the KDP in the fall. Not an impossible scenario.

Short story: I am very encouraged with what we are seeing in the news right now. It’s no guarantee of anything right away – but it looks like some big moves being in the right direction.

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

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

BGG ~ If you need a quote to buy Dinar – Please leave me a message on voicemail, send a text (615-509-6256), an e-mail or FaceBook message me. These all work.

Our Current Sale Price is $995 per million.

www.TheDinarExchange.com

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Iraq’s Maliki sidelined as Kurds and Sunnis seek Sadr coalition

Sadr’s Sairoon bloc says it expects deal to establish biggest alliance in parliament

Iraq’s Kurdish and Sunni blocs have expressed their willingness to form a coalition with election winner Moqtada Al Sadr, an indication that former Prime Minister Nouri Al Maliki, who is seeking power, could lose his grip over the country’s political scene.

Mr Al Sadr’s Sairoon bloc and Mr Al Maliki’s State of Law coalition have been competing to strike a deal with the Kurdistan Democratic Party (KDP) and the Patriotic Union of Kurdistan (PUK) as well as Sunni blocs to establish the biggest ruling alliance in parliament.

“There are signs of agreement between the Kurds and the Sunnis to ally with Sairoon,” Raed Fahmi, a prominent politician in Sairoon’s bloc said on Sunday.

Yet, Kurdish parties will play a central role in the formation of the next government as they collectively secured over 40 seats in the May elections. They have yet to officially announce their alliance.

The Kurdish parties have set conditions for allying with the major blocs, PUK leader Arez Abduallah said in a statement.

“Our conditions are constitutional and include the existence of a government with a true national partnership that is in balance with the constitution,” Mr Abduallah said, adding that his party will ally with the bloc that is “consistent with our political vision”.

The development is seen as a blow to Mr Al Maliki’s efforts as he seeks to gain support from the northern Iraqi parties. During his time in power, he was criticised for alienating Sunnis and Kurds by excluding them from key positions and undermining power-sharing in Iraq.

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

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

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

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

Iraqi Sunnis form ‘National Axis Alliance’ to have voice in new government

Iraqi President urges new lawmakers to quickly hold first session

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URGENT Member of wisdom: National axis may join the larger bloc next week

Member of Wisdom: National Axis may join the larger bloc next week

(Baghdad: Al-Furat News) Rajah member of the National Wisdom Movement Mohammed al-Husseini joined the National Axis of the largest bloc next week.

“The features of the formation of the largest bloc existed before the meeting of the Babylon Hotel, and other than that is the words of media,” he said, adding that “welcoming any demands within the roof of the Constitution and the law and otherwise are rejected.”

He pointed to “the adherence of some political forces to certain demands and positions,” pointing out that “there is Kurdish flexibility and we believe that the demands will be according to the Constitution.”

Husseini added that “any demands that violate the constitution will open the door of external intervention and produce a fragile government,” noting that “the coming days will produce a big event to help us quickly form the largest bloc,” explaining that “next week the nucleus of the largest bloc will be five and may join the national axis ” He said.

“We do not want to form a government on the basis of partisan and partisan interests, and there is no alliance in the political arena is greater than the alliance of the nucleus of the largest bloc.” He pointed out that “we are heading to form a national majority and can not be achieved without the Kurds and other representatives of social components, “We do not have red lines on anyone, but we put them against any alliance or sectarian and national bloc, because we will return to the previous failed experience in the participation of everyone in the government and everyone opposes it.”

Read More: Dinarupdates.com “Current Iraq News Thread”
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A new alliance brings Abadi back to a second term and excludes Amiri and Maliki

Baghdad / The US administration, through the envoy of its president, Brett McGurk, who has been in Iraq for some time, exerted great pressure on the heads of the winning lists in the elections, which led to the approval of the re-nomination of Prime Minister Haider Abadi for a second term and contributed to the removal of the head of a coalition of state law Nuri al-Maliki and the head of the Fatah alliance Hadi al- National Security Faleh Al Fayad from the circle of competition.

The winning forces announced in the elections that they seek to form a parliamentary alliance transcending sectarianism ensures participation of all in the new government after a series of meetings and meetings managed to resolve the distribution of many positions and sites.

According to a member of the General Authority of the current wisdom of Nizar Sultan in a statement to (the extent) that “the international pressure affected the movement of political forces and identified the features of the largest parliamentary bloc and the candidate for the presidency of the new government,” revealing that the envoy of US President “worked over the past days to unite the ranks of Kurdish forces Sunni and re-elected Abbadi for a second term. ”

McGuck arrived in Iraq and held a series of meetings with the winning lists in the elections in preparation for the announcement of the largest parliamentary bloc and the decision of the prime minister.

The Sultan added that “the representative of the American President discussed with various forces the possibility of restoring confidence in the head of the current government or the nomination of a personal close to the directions of Abadi,” asserting that “these hints helped the US to remove Nuri al-Maliki and Faleh Fayyad and Hadi Amiri competition for the presidency of the next government” .

Two teams of Shiite forces are fiercely vying for the post of prime minister, the first representing others with wisdom, the second conquest and the rule of law, which has delayed the formation of a coalition of parliamentary powers.

“The success of any future stable government for the next four years depends on the participation of others and Fatah and armed wings within them,” he said, revealing “the existence of efforts to convince the President of the Fatah alliance Hadi al-Ameri to enter the four-alliance alliance, which lists the others, wisdom and victory, “He said.

The coalition, backed by the Shiite leader Moqtada al-Sadr and the National Coalition headed by Iyad Allawi and the stream of wisdom led by Ammar al-Hakim, have signed on the seventh of June, the document “Principles of the political program of the alliance of national majority patriarchal.”

The Sultan pointed out that “Eid holiday will witness mobility of the four lists with the other parties to resolve all the implications on the dates of the formation of the Great Bloc,” noting that “Abadi has a great chance to assume the presidency of the new government.”

The Sultan predicts that “the announcement of the formation of the largest parliamentary bloc will be after the Eid holiday,” stressing that “the talk behind the scenes between the lists close to resolve their alliances revolves accurately on the distribution of positions and sites.”

The parties in the stream of wisdom has confirmed to (the extent) recently, the existence of surprises will be announced after the holiday holiday.

In turn, the secretary of the Central Committee of the Communist Party of Iraq Raed Fahmi told (the range) saying that “the lists of victory and Suron and wisdom and the National Coalition agreed to put the terms of the general principles of the form of the coalition, which is ready to announce in the coming days,” pointing out that ” True of the largest parliamentary bloc. ”

The results of the elections that took place on May 12, the victory of the coalition (Sadr), led by the Shiite cleric Moqtada al-Sadr with civilian forces and the Communist Party ranked first after winning 54 seats, while the list of the opening led by Hadi al-Ameri ranked second with 48 seats, Which is led by Haider Abadi with 42 seats.

He adds Fahmi that “parties in the Union of Iraqi forces and another Kurdish will announce its accession to the alliance lists the four (wisdom and ascendance, victory and patriotism),” stressing that ”

In the midst of these events, the leader of the Sadrist movement Moqtada al-Sadr arrived in Baghdad and held a number of side meetings with some blocs and lists in order to accelerate the resolution of the formation of the new alliance.

On the other hand, the winning candidate for the alliance of victory Adnan al-Zarfi that “the four lists have gone a long way of negotiations and reached the advanced stages to form the largest bloc.”

The Federal Court on Sunday ratified the final results of the House elections. Al-Zarafi said in a statement to the (range) that the coalition of the decision and the Union of Iraqi forces and other parties will announce their accession to the four lists to form the largest bloc number, “stressing that the prospective coalition did not form on the basis of sectarian or sectarian.

Read More: Dinarupdates.com “Current Iraq News Thread”
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Post RV Checklist (it’s getting to be that time!! Listen up!!)

Dos and Don’ts of Windfall Wealth:

Treat it like a PowerBall win

– Tell no one, not even family. If you must talk, do so with one who is already in the know.

– Don’t run out & buy new “stuff”. People notice.

– Get an unpublished number and give it out very sparingly.

– Get a tax accountant you can trust to make sure the IRS is satisfied (Certified Opinion is something to look into) and pursue asset protection…

Read Complete List: http://www.dinarupdates.com/showthread.php?18519-The-Post-RV-Checklist-and-Flashback-documents&p=128477#post128477
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If you found this blog, our website or chats helpful – Forward it to a friend!! We couldn’t do it without you!!

Thanks – BGG!!

www.DinarUpdates.com

Sairoon says forming new government ‘around the corner’

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Source: Al Hayat newspaper

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

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

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Kaperoni (Dinar Guru) –    The truth is the CBI will float the currency and allow it to appreciate gradually as investment comes into the country.  [When please?]  I expected [expect it?] yet this year.

Read more: http://www.dinarupdates.com/observer/
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BGG ~ Where are we with this investment?

It’s something I get asked all the time. So many have been wrong – me included.

Here are some thoughts on the current situation that may help some folks. So many say the politics don’t matter to the currency. This isn’t exactly accurate. The politics impact the economy… Iraq’s currency is, by many astute accounts, “grossly undervalued”. A basic definition of currency? It is a promissory note on the underlying economy of the country.

I am assuming any governing body with say in this matter is going to refrain until the results are final and a government transition is made or is being made. Just my thinking.

How is this formation coming along? There are now two main groups competing for the chance to form the next GOI.

On one side you have the “Nucleus” of Sadr, Abadi, Hakim and Allawi… roughly 136 seats (the largest bloc will need at least 165). Abadi seems to be the clear favorite from this group to lead for another term.

On the other side there is Ameri and Maliki with 73 seats – it seems to me, most of the delay has been from this side of the aisle. They have burned ballot boxes (Maliki, that is…) cried fraud, stalled, steered, stared and stalked over and over.

Why? They need to delay things long enough to cause some drama and along the way figure out how to patch together some kind of wicked alliance that will get them to 165.

The remaining players (still in play and up for grabs) are the KDP with 25 seats, the PUK with 18 seats and the “National axis” created just recently of middle of the road Sunnis – Nujafi, etc, etc, etc… who have roughly 20 seats. These three groups (the KDP, PUK and the Axis) appear to have entered into some kind of loose negotiating alliance with one another.

Whichever side attracts this group or part of this group, probably wins.

(See this source article: http://www.rudaw.net/english/middleeast/iraq/150820181)

Barzani has been making noise that he and Maliki are the closest. This doesn’t surprise me. These two have been in some hinky, crooked alliance going way back.

However, there is also news the Sunni “axis”, with those roughly 20 seats are already about to join the “Nucleus”… if this is true… and if the recent news of Sadr and Abadi making big concessions in Kurkuk to the Kurds (not to the Barzani family directly)… is accurate… well, from there the electoral math for Ameri and Maliki gets very, VERY difficult. I’ll leave you to your calculators.

When? No clue – but all of the above is why Abadi has been pushing for a quick resolution. Sooner is better for them and worse for the bad actors. Speaking of which – it would also not be impossible for a late stage defection of Ameri to the “Nucleus”… it’s on the table. When he gets the idea it’s inevitable, he may well move.

As a footnote: one more bad move by Barzani (as in; the referendum) landing him on the wrong side of history with his hand in the cookie jar… might well get he and the KDP HAMMERED in the free and fair KRG elections supposedly coming in September – which you can bet will be overseen by the UNHRC (the UN).

In fact, the PUK (Barzani’s counterparts in Kurdistan) might well allow Barzani to make such a move and then split from him – aligning with Sadr and Abadi… If this happens, it’s a slam dunk for the “Nucleous” without Barzani. It would also probably doom Barzani and the KDP in the fall. Not an impossible scenario.

Short story: I am very encouraged with what we are seeing in the news right now. It’s no guarantee of anything right away – but it looks like some big moves being in the right direction.

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

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

Read more: http://www.dinarupdates.com/observer/
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BGG ~ If you need a quote to buy Dinar – Please leave me a message on voicemail, send a text (615-509-6256), an e-mail or FaceBook message me. These all work.

Our Current Sale Price is $995 per million.

www.TheDinarExchange.com

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Iraq’s Maliki sidelined as Kurds and Sunnis seek Sadr coalition

Sadr’s Sairoon bloc says it expects deal to establish biggest alliance in parliament

Iraq’s Kurdish and Sunni blocs have expressed their willingness to form a coalition with election winner Moqtada Al Sadr, an indication that former Prime Minister Nouri Al Maliki, who is seeking power, could lose his grip over the country’s political scene.

Mr Al Sadr’s Sairoon bloc and Mr Al Maliki’s State of Law coalition have been competing to strike a deal with the Kurdistan Democratic Party (KDP) and the Patriotic Union of Kurdistan (PUK) as well as Sunni blocs to establish the biggest ruling alliance in parliament.

“There are signs of agreement between the Kurds and the Sunnis to ally with Sairoon,” Raed Fahmi, a prominent politician in Sairoon’s bloc said on Sunday.

Yet, Kurdish parties will play a central role in the formation of the next government as they collectively secured over 40 seats in the May elections. They have yet to officially announce their alliance.

The Kurdish parties have set conditions for allying with the major blocs, PUK leader Arez Abduallah said in a statement.

“Our conditions are constitutional and include the existence of a government with a true national partnership that is in balance with the constitution,” Mr Abduallah said, adding that his party will ally with the bloc that is “consistent with our political vision”.

The development is seen as a blow to Mr Al Maliki’s efforts as he seeks to gain support from the northern Iraqi parties. During his time in power, he was criticised for alienating Sunnis and Kurds by excluding them from key positions and undermining power-sharing in Iraq.

Read More: Dinarupdates.com “Current Iraq News Thread”
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Adam Montana (Dinar Guru) –  ...the one thing that is missing, now that the Elections are mostly concluded, is HCL. I know I harp on that a lot, but it’s truly the one thing I see that MUST be done in order to have a successful RV.

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

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

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

Iraqi Sunnis form ‘National Axis Alliance’ to have voice in new government

Iraqi President urges new lawmakers to quickly hold first session

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URGENT Member of wisdom: National axis may join the larger bloc next week

Member of Wisdom: National Axis may join the larger bloc next week

(Baghdad: Al-Furat News) Rajah member of the National Wisdom Movement Mohammed al-Husseini joined the National Axis of the largest bloc next week.

“The features of the formation of the largest bloc existed before the meeting of the Babylon Hotel, and other than that is the words of media,” he said, adding that “welcoming any demands within the roof of the Constitution and the law and otherwise are rejected.”

He pointed to “the adherence of some political forces to certain demands and positions,” pointing out that “there is Kurdish flexibility and we believe that the demands will be according to the Constitution.”

Husseini added that “any demands that violate the constitution will open the door of external intervention and produce a fragile government,” noting that “the coming days will produce a big event to help us quickly form the largest bloc,” explaining that “next week the nucleus of the largest bloc will be five and may join the national axis ” He said.

“We do not want to form a government on the basis of partisan and partisan interests, and there is no alliance in the political arena is greater than the alliance of the nucleus of the largest bloc.” He pointed out that “we are heading to form a national majority and can not be achieved without the Kurds and other representatives of social components, “We do not have red lines on anyone, but we put them against any alliance or sectarian and national bloc, because we will return to the previous failed experience in the participation of everyone in the government and everyone opposes it.”

Read More: Dinarupdates.com “Current Iraq News Thread”
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A new alliance brings Abadi back to a second term and excludes Amiri and Maliki

Baghdad / The US administration, through the envoy of its president, Brett McGurk, who has been in Iraq for some time, exerted great pressure on the heads of the winning lists in the elections, which led to the approval of the re-nomination of Prime Minister Haider Abadi for a second term and contributed to the removal of the head of a coalition of state law Nuri al-Maliki and the head of the Fatah alliance Hadi al- National Security Faleh Al Fayad from the circle of competition.

The winning forces announced in the elections that they seek to form a parliamentary alliance transcending sectarianism ensures participation of all in the new government after a series of meetings and meetings managed to resolve the distribution of many positions and sites.

According to a member of the General Authority of the current wisdom of Nizar Sultan in a statement to (the extent) that “the international pressure affected the movement of political forces and identified the features of the largest parliamentary bloc and the candidate for the presidency of the new government,” revealing that the envoy of US President “worked over the past days to unite the ranks of Kurdish forces Sunni and re-elected Abbadi for a second term. ”

McGuck arrived in Iraq and held a series of meetings with the winning lists in the elections in preparation for the announcement of the largest parliamentary bloc and the decision of the prime minister.

The Sultan added that “the representative of the American President discussed with various forces the possibility of restoring confidence in the head of the current government or the nomination of a personal close to the directions of Abadi,” asserting that “these hints helped the US to remove Nuri al-Maliki and Faleh Fayyad and Hadi Amiri competition for the presidency of the next government” .

Two teams of Shiite forces are fiercely vying for the post of prime minister, the first representing others with wisdom, the second conquest and the rule of law, which has delayed the formation of a coalition of parliamentary powers.

“The success of any future stable government for the next four years depends on the participation of others and Fatah and armed wings within them,” he said, revealing “the existence of efforts to convince the President of the Fatah alliance Hadi al-Ameri to enter the four-alliance alliance, which lists the others, wisdom and victory, “He said.

The coalition, backed by the Shiite leader Moqtada al-Sadr and the National Coalition headed by Iyad Allawi and the stream of wisdom led by Ammar al-Hakim, have signed on the seventh of June, the document “Principles of the political program of the alliance of national majority patriarchal.”

The Sultan pointed out that “Eid holiday will witness mobility of the four lists with the other parties to resolve all the implications on the dates of the formation of the Great Bloc,” noting that “Abadi has a great chance to assume the presidency of the new government.”

The Sultan predicts that “the announcement of the formation of the largest parliamentary bloc will be after the Eid holiday,” stressing that “the talk behind the scenes between the lists close to resolve their alliances revolves accurately on the distribution of positions and sites.”

The parties in the stream of wisdom has confirmed to (the extent) recently, the existence of surprises will be announced after the holiday holiday.

In turn, the secretary of the Central Committee of the Communist Party of Iraq Raed Fahmi told (the range) saying that “the lists of victory and Suron and wisdom and the National Coalition agreed to put the terms of the general principles of the form of the coalition, which is ready to announce in the coming days,” pointing out that ” True of the largest parliamentary bloc. ”

The results of the elections that took place on May 12, the victory of the coalition (Sadr), led by the Shiite cleric Moqtada al-Sadr with civilian forces and the Communist Party ranked first after winning 54 seats, while the list of the opening led by Hadi al-Ameri ranked second with 48 seats, Which is led by Haider Abadi with 42 seats.

He adds Fahmi that “parties in the Union of Iraqi forces and another Kurdish will announce its accession to the alliance lists the four (wisdom and ascendance, victory and patriotism),” stressing that ”

In the midst of these events, the leader of the Sadrist movement Moqtada al-Sadr arrived in Baghdad and held a number of side meetings with some blocs and lists in order to accelerate the resolution of the formation of the new alliance.

On the other hand, the winning candidate for the alliance of victory Adnan al-Zarfi that “the four lists have gone a long way of negotiations and reached the advanced stages to form the largest bloc.”

The Federal Court on Sunday ratified the final results of the House elections. Al-Zarafi said in a statement to the (range) that the coalition of the decision and the Union of Iraqi forces and other parties will announce their accession to the four lists to form the largest bloc number, “stressing that the prospective coalition did not form on the basis of sectarian or sectarian.

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

Post RV Checklist (it’s getting to be that time!! Listen up!!)

Dos and Don’ts of Windfall Wealth:

Treat it like a PowerBall win

– Tell no one, not even family. If you must talk, do so with one who is already in the know.

– Don’t run out & buy new “stuff”. People notice.

– Get an unpublished number and give it out very sparingly.

– Get a tax accountant you can trust to make sure the IRS is satisfied (Certified Opinion is something to look into) and pursue asset protection…

Read Complete List: http://www.dinarupdates.com/showthread.php?18519-The-Post-RV-Checklist-and-Flashback-documents&p=128477#post128477
______________________________________________________________

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

Thanks – BGG!!

www.DinarUpdates.com

Iraq’s Maliki sidelined as Kurds and Sunnis seek Sadr coalition

Sadr’s Sairoon bloc says it expects deal to establish biggest alliance in parliament

Iraq’s Kurdish and Sunni blocs have expressed their willingness to form a coalition with election winner Moqtada Al Sadr, an indication that former Prime Minister Nouri Al Maliki, who is seeking power, could lose his grip over the country’s political scene.

Mr Al Sadr’s Sairoon bloc and Mr Al Maliki’s State of Law coalition have been competing to strike a deal with the Kurdistan Democratic Party (KDP) and the Patriotic Union of Kurdistan (PUK) as well as Sunni blocs to establish the biggest ruling alliance in parliament.

“There are signs of agreement between the Kurds and the Sunnis to ally with Sairoon,” Raed Fahmi, a prominent politician in Sairoon’s bloc said on Sunday.

Yet, Kurdish parties will play a central role in the formation of the next government as they collectively secured over 40 seats in the May elections. They have yet to officially announce their alliance.

The Kurdish parties have set conditions for allying with the major blocs, PUK leader Arez Abduallah said in a statement.

“Our conditions are constitutional and include the existence of a government with a true national partnership that is in balance with the constitution,” Mr Abduallah said, adding that his party will ally with the bloc that is “consistent with our political vision”.

The development is seen as a blow to Mr Al Maliki’s efforts as he seeks to gain support from the northern Iraqi parties. During his time in power, he was criticised for alienating Sunnis and Kurds by excluding them from key positions and undermining power-sharing in Iraq.

Read More: Dinarupdates.com “Current Iraq News Thread”
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BGG ~ Where are we with this investment?

It’s something I get asked all the time. So many have been wrong – me included.

Here are some thoughts on the current situation that may help some folks. So many say the politics don’t matter to the currency. This isn’t exactly accurate. The politics impact the economy… Iraq’s currency is, by many astute accounts, “grossly undervalued”. A basic definition of currency? It is a promissory note on the underlying economy of the country.

I am assuming any governing body with say in this matter is going to refrain until the results are final and a government transition is made or is being made. Just my thinking.

How is this formation coming along? There are now two main groups competing for the chance to form the next GOI.

On one side you have the “Nucleus” of Sadr, Abadi, Hakim and Allawi… roughly 136 seats (the largest bloc will need at least 165). Abadi seems to be the clear favorite from this group to lead for another term.

On the other side there is Ameri and Maliki with 73 seats – it seems to me, most of the delay has been from this side of the aisle. They have burned ballot boxes (Maliki, that is…) cried fraud, stalled, steered, stared and stalked over and over.

Why? They need to delay things long enough to cause some drama and along the way figure out how to patch together some kind of wicked alliance that will get them to 165.

The remaining players (still in play and up for grabs) are the KDP with 25 seats, the PUK with 18 seats and the “National axis” created just recently of middle of the road Sunnis – Nujafi, etc, etc, etc… who have roughly 20 seats. These three groups (the KDP, PUK and the Axis) appear to have entered into some kind of loose negotiating alliance with one another.

Whichever side attracts this group or part of this group, probably wins.

(See this source article: http://www.rudaw.net/english/middleeast/iraq/150820181)

Barzani has been making noise that he and Maliki are the closest. This doesn’t surprise me. These two have been in some hinky, crooked alliance going way back.

However, there is also news the Sunni “axis”, with those roughly 20 seats are already about to join the “Nucleus”… if this is true… and if the recent news of Sadr and Abadi making big concessions in Kurkuk to the Kurds (not to the Barzani family directly)… is accurate… well, from there the electoral math for Ameri and Maliki gets very, VERY difficult. I’ll leave you to your calculators.

When? No clue – but all of the above is why Abadi has been pushing for a quick resolution. Sooner is better for them and worse for the bad actors. Speaking of which – it would also not be impossible for a late stage defection of Ameri to the “Nucleus”… it’s on the table. When he gets the idea it’s inevitable, he may well move.

As a footnote: one more bad move by Barzani (as in; the referendum) landing him on the wrong side of history with his hand in the cookie jar… might well get he and the KDP HAMMERED in the free and fair KRG elections supposedly coming in September – which you can bet will be overseen by the UNHRC (the UN).

In fact, the PUK (Barzani’s counterparts in Kurdistan) might well allow Barzani to make such a move and then split from him – aligning with Sadr and Abadi… If this happens, it’s a slam dunk for the “Nucleous” without Barzani. It would also probably doom Barzani and the KDP in the fall. Not an impossible scenario.

Short story: I am very encouraged with what we are seeing in the news right now. It’s no guarantee of anything right away – but it looks like some big moves being in the right direction.

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MilitiaMan (Dinar Guru) –   RE: Exchange Rates:    …they are Paring the IQD with Global Currencies. They are not just local or regional ones they are paring with the USD, AUD, CND, JPY, BP, etc.. This site is a reputable site out of the UK.   …They are showing their patrons that they are going to have quotes for the IQD.  Well once they change the rate from a program rate the game changes and in a big way, imo..  We have been told that the IQD would go Global… Well here is a venue that supports that they are about to do so. ~ imo ~

https://www.exchangerates.org.uk/Iraqi-Dinar-IQD-currency-table.html

Read more: http://www.dinarupdates.com/observer/
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Peshmerga can return to Kirkuk – if Kurds join Sadr-Abadi bloc

ERBIL, Kurdistan Region – Iraqi parties are busy building alliances which could soon form the basis of the country’s next government. To persuade the Kurdish parties to join its bloc, Iraqi PM Haider al-Abadi’s Nasr (Victory) alliance has offered to cut a deal on Kirkuk.

“Kirkuk is a Kurdish, Arab, Iraqi city,” Ahmed al-Hamdani, a high ranking Nasr official, told Rudaw. “We agree for the Peshmerga to return Kirkuk, as they bravely fought side by side with our forces to repel ISIS from Iraq.”

There was “good coordination between Kurds and Arabs and there is no damage to be incurred if the Peshmerga are our partners,” he added.

Last week, the Sayirun alliance – led by firebrand Shiite cleric Muqtada al-Sadr – teamed up with Abadi’s Nasir, the Hikma Front, and Al-Wataniya to form the core of a parliamentary bloc. If the alliance can win over the Sunni and Kurdish parties, it is well placed to form a governing coalition.

Concessions on Kirkuk – often referred to as the ‘Kurdish Jerusalem’ – could seal the deal.

The Kurdistan Democratic Party (KDP) and the Patriotic Union of Kurdistan (PUK) have prepared a 30 point agenda for government formation talks – among them a resolution to the Kirkuk question.

The Peshmerga, which defended Kirkuk from ISIS in 2014, was forced to withdraw from the disputed province when it was seized by the Iraqi Army and Hashd al-Shaabi Shiite paramilitias on October 16, 2017.

According to Article 140 of the Iraqi constitution, the dispute over whether the ethnically mixed province ought to belong to the Kurdistan Region or remain part of Iraq is supposed to be settled in a referendum.

Under their negotiation terms, the Kurdish parties have called for the contested city to be run jointly between Erbil and Baghdad until the Article 140 is implemented.

“Article 140 is a constitutional article. The Kurdistan Region has the right to be administratively present in Kirkuk, as how it is the right of the Iraqi government to maintain a military and administrative presence in it, until the fate of the Article 140 is decided on?” Mahmoud Mohammed, KDP spokesperson, told Rudaw.

Masum meets KDP-PUK delegation

Fuad Masum, the Kurdish president of Iraq, met with a joint KDP-PUK delegation on Sunday to discuss moving negotiations forward and to prepare for the first parliament session. Under the constitutional timeline, this could be just days away.

The KDP and PUK, which together secured 43 seats in the Iraqi parliament, have been locked in several weeks of talks to agree a shared platform before entering negotiations with their Iraqi counterparts. This way they hope to secure the best possible deal for the Kurdish people.

Abdulla, Aliyawai, an advisor to Masum, told Rudaw the president has met with almost all of the winning parties.

The KDP-PUK delegation will pay another visit to the Iraqi capital on August 29 to meet with Iraqi parties, he said.

Read More: Dinarupdates.com “Current Iraq News Thread”
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BGG ~ If you need a quote to buy Dinar – Please leave me a message on voicemail, send a text (615-509-6256), an e-mail or FaceBook message me. These all work.

Our Current Sale Price is $995 per million.

www.TheDinarExchange.com

______________________________________________________________

Kaperoni (Dinar Guru) –   The truth is the CBI will float the currency and allow it to appreciate gradually as investment comes into the country.  Once they make that decision it could take 6 months to a year to get to a level that we are all excited about. We have documented this for years…

Read more: http://www.dinarupdates.com/observer/
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Sadr’s success in forming the largest bloc means the elimination of Maliki’s status!

Baghdad today – The success of the leader of the Sadrist movement Moqtada al-Sadr and his allies to form the largest bloc and the new government, which needs only 28 parliamentary seats, means the “loss” of the leader of a coalition of law Nuri al-Maliki for his political status in Iraq, the newspaper said. Pointed out that the Kurds have directed a “blow” to Maliki’s efforts in forming this bloc.

The newspaper said the United Arab Emirates in its report written in English and translated (Baghdad today), that “the bloc of Asron of Sadr says it expects to reach an agreement on the formation of a larger coalition in parliament,” noting that “the Iraqi Kurdish and Sunni blocs expressed their desire to form a coalition with the winner Moqtada Sadr, an indication that former Prime Minister Nuri al-Maliki, who seeks power, may lose his place in the political arena of the country. ”

She added that “the bloc of Asrun compete with the coalition of the rule of law, led by al-Maliki to conclude an agreement with the Kurdistan Democratic Party and the Patriotic Union of Kurdistan (KO-Nu) as well as the Sunni blocs to establish the largest coalition in parliament.

“There are signs of an agreement between the Kurds and the Sunnis on the alliance with others,” Thenational quoted Raed Fahmi, a leading politician in the Asroun bloc, as saying…

Read More: Dinarupdates.com “Current Iraq News Thread”
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Currency365 (Dinar Guru) –   “The Iraqi Islamic Party announced Saturday its support for the nomination of Haider al-Abadi for a second term at the head of the next government.”  …looks like @HaiderAlAbadi got an endorsement…

Read more: http://www.dinarupdates.com/observer/
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BGG (Dinar Guru) –   Article:  “After Abadi, Maliki and Fayyad, Maasoum met with Amiri on the largest bloc”    The only thing you can be certain of, from this article – is that everyone is meeting with everyone in Iraq.  Massoum met with Abadi…then with Ameri…then with Faleh al-Fayadh (national security advisor to Abadi)…and at some point he met with Maliki…None of which means all that much. Massoum mainly has a direct hand in the timeline. He establishes the first meeting of Parliament which is a marker for the formation of the new GOI.  The most curious wording was that Abadi’s main thrust was just to get it moving. He and Sadr seem confident they have the biggest bloc – else why push for this quick formation?

Read more: http://www.dinarupdates.com/observer/
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Kaperoni (Dinar Guru) –    The truth is the CBI will float the currency and allow it to appreciate gradually as investment comes into the country.  [When please?]  I expected [expect it?] yet this year.

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

Iraqi Sunnis form ‘National Axis Alliance’ to have voice in new government

Iraqi President urges new lawmakers to quickly hold first session

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URGENT Member of wisdom: National axis may join the larger bloc next week

Member of Wisdom: National Axis may join the larger bloc next week

(Baghdad: Al-Furat News) Rajah member of the National Wisdom Movement Mohammed al-Husseini joined the National Axis of the largest bloc next week.

“The features of the formation of the largest bloc existed before the meeting of the Babylon Hotel, and other than that is the words of media,” he said, adding that “welcoming any demands within the roof of the Constitution and the law and otherwise are rejected.”

He pointed to “the adherence of some political forces to certain demands and positions,” pointing out that “there is Kurdish flexibility and we believe that the demands will be according to the Constitution.”

Husseini added that “any demands that violate the constitution will open the door of external intervention and produce a fragile government,” noting that “the coming days will produce a big event to help us quickly form the largest bloc,” explaining that “next week the nucleus of the largest bloc will be five and may join the national axis ” He said.

“We do not want to form a government on the basis of partisan and partisan interests, and there is no alliance in the political arena is greater than the alliance of the nucleus of the largest bloc.” He pointed out that “we are heading to form a national majority and can not be achieved without the Kurds and other representatives of social components, “We do not have red lines on anyone, but we put them against any alliance or sectarian and national bloc, because we will return to the previous failed experience in the participation of everyone in the government and everyone opposes it.”

Read More: Dinarupdates.com “Current Iraq News Thread”
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A new alliance brings Abadi back to a second term and excludes Amiri and Maliki

Baghdad / The US administration, through the envoy of its president, Brett McGurk, who has been in Iraq for some time, exerted great pressure on the heads of the winning lists in the elections, which led to the approval of the re-nomination of Prime Minister Haider Abadi for a second term and contributed to the removal of the head of a coalition of state law Nuri al-Maliki and the head of the Fatah alliance Hadi al- National Security Faleh Al Fayad from the circle of competition.

The winning forces announced in the elections that they seek to form a parliamentary alliance transcending sectarianism ensures participation of all in the new government after a series of meetings and meetings managed to resolve the distribution of many positions and sites.

According to a member of the General Authority of the current wisdom of Nizar Sultan in a statement to (the extent) that “the international pressure affected the movement of political forces and identified the features of the largest parliamentary bloc and the candidate for the presidency of the new government,” revealing that the envoy of US President “worked over the past days to unite the ranks of Kurdish forces Sunni and re-elected Abbadi for a second term. ”

McGuck arrived in Iraq and held a series of meetings with the winning lists in the elections in preparation for the announcement of the largest parliamentary bloc and the decision of the prime minister.

The Sultan added that “the representative of the American President discussed with various forces the possibility of restoring confidence in the head of the current government or the nomination of a personal close to the directions of Abadi,” asserting that “these hints helped the US to remove Nuri al-Maliki and Faleh Fayyad and Hadi Amiri competition for the presidency of the next government” .

Two teams of Shiite forces are fiercely vying for the post of prime minister, the first representing others with wisdom, the second conquest and the rule of law, which has delayed the formation of a coalition of parliamentary powers.

“The success of any future stable government for the next four years depends on the participation of others and Fatah and armed wings within them,” he said, revealing “the existence of efforts to convince the President of the Fatah alliance Hadi al-Ameri to enter the four-alliance alliance, which lists the others, wisdom and victory, “He said.

The coalition, backed by the Shiite leader Moqtada al-Sadr and the National Coalition headed by Iyad Allawi and the stream of wisdom led by Ammar al-Hakim, have signed on the seventh of June, the document “Principles of the political program of the alliance of national majority patriarchal.”

The Sultan pointed out that “Eid holiday will witness mobility of the four lists with the other parties to resolve all the implications on the dates of the formation of the Great Bloc,” noting that “Abadi has a great chance to assume the presidency of the new government.”

The Sultan predicts that “the announcement of the formation of the largest parliamentary bloc will be after the Eid holiday,” stressing that “the talk behind the scenes between the lists close to resolve their alliances revolves accurately on the distribution of positions and sites.”

The parties in the stream of wisdom has confirmed to (the extent) recently, the existence of surprises will be announced after the holiday holiday.

In turn, the secretary of the Central Committee of the Communist Party of Iraq Raed Fahmi told (the range) saying that “the lists of victory and Suron and wisdom and the National Coalition agreed to put the terms of the general principles of the form of the coalition, which is ready to announce in the coming days,” pointing out that ” True of the largest parliamentary bloc. ”

The results of the elections that took place on May 12, the victory of the coalition (Sadr), led by the Shiite cleric Moqtada al-Sadr with civilian forces and the Communist Party ranked first after winning 54 seats, while the list of the opening led by Hadi al-Ameri ranked second with 48 seats, Which is led by Haider Abadi with 42 seats.

He adds Fahmi that “parties in the Union of Iraqi forces and another Kurdish will announce its accession to the alliance lists the four (wisdom and ascendance, victory and patriotism),” stressing that ”

In the midst of these events, the leader of the Sadrist movement Moqtada al-Sadr arrived in Baghdad and held a number of side meetings with some blocs and lists in order to accelerate the resolution of the formation of the new alliance.

On the other hand, the winning candidate for the alliance of victory Adnan al-Zarfi that “the four lists have gone a long way of negotiations and reached the advanced stages to form the largest bloc.”

The Federal Court on Sunday ratified the final results of the House elections. Al-Zarafi said in a statement to the (range) that the coalition of the decision and the Union of Iraqi forces and other parties will announce their accession to the four lists to form the largest bloc number, “stressing that the prospective coalition did not form on the basis of sectarian or sectarian.

Read More: Dinarupdates.com “Current Iraq News Thread”
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Post RV Checklist (it’s getting to be that time!! Listen up!!)

Dos and Don’ts of Windfall Wealth:

Treat it like a PowerBall win

– Tell no one, not even family. If you must talk, do so with one who is already in the know.

– Don’t run out & buy new “stuff”. People notice.

– Get an unpublished number and give it out very sparingly.

– Get a tax accountant you can trust to make sure the IRS is satisfied (Certified Opinion is something to look into) and pursue asset protection…

Read Complete List: http://www.dinarupdates.com/showthread.php?18519-The-Post-RV-Checklist-and-Flashback-documents&p=128477#post128477
______________________________________________________________

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

Thanks – BGG!!

www.DinarUpdates.com

Iraq’s Maliki sidelined as Kurds and Sunnis seek Sadr coalition

Sadr’s Sairoon bloc says it expects deal to establish biggest alliance in parliament

Iraq’s Kurdish and Sunni blocs have expressed their willingness to form a coalition with election winner Moqtada Al Sadr, an indication that former Prime Minister Nouri Al Maliki, who is seeking power, could lose his grip over the country’s political scene.

Mr Al Sadr’s Sairoon bloc and Mr Al Maliki’s State of Law coalition have been competing to strike a deal with the Kurdistan Democratic Party (KDP) and the Patriotic Union of Kurdistan (PUK) as well as Sunni blocs to establish the biggest ruling alliance in parliament.

“There are signs of agreement between the Kurds and the Sunnis to ally with Sairoon,” Raed Fahmi, a prominent politician in Sairoon’s bloc said on Sunday.

Yet, Kurdish parties will play a central role in the formation of the next government as they collectively secured over 40 seats in the May elections. They have yet to officially announce their alliance.

The Kurdish parties have set conditions for allying with the major blocs, PUK leader Arez Abduallah said in a statement.

“Our conditions are constitutional and include the existence of a government with a true national partnership that is in balance with the constitution,” Mr Abduallah said, adding that his party will ally with the bloc that is “consistent with our political vision”.

The development is seen as a blow to Mr Al Maliki’s efforts as he seeks to gain support from the northern Iraqi parties. During his time in power, he was criticised for alienating Sunnis and Kurds by excluding them from key positions and undermining power-sharing in Iraq.

Read More: Dinarupdates.com “Current Iraq News Thread”
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BGG ~ Where are we with this investment?

It’s something I get asked all the time. So many have been wrong – me included.

Here are some thoughts on the current situation that may help some folks. So many say the politics don’t matter to the currency. This isn’t exactly accurate. The politics impact the economy… Iraq’s currency is, by many astute accounts, “grossly undervalued”. A basic definition of currency? It is a promissory note on the underlying economy of the country.

I am assuming any governing body with say in this matter is going to refrain until the results are final and a government transition is made or is being made. Just my thinking.

How is this formation coming along? There are now two main groups competing for the chance to form the next GOI.

On one side you have the “Nucleus” of Sadr, Abadi, Hakim and Allawi… roughly 136 seats (the largest bloc will need at least 165). Abadi seems to be the clear favorite from this group to lead for another term.

On the other side there is Ameri and Maliki with 73 seats – it seems to me, most of the delay has been from this side of the aisle. They have burned ballot boxes (Maliki, that is…) cried fraud, stalled, steered, stared and stalked over and over.

Why? They need to delay things long enough to cause some drama and along the way figure out how to patch together some kind of wicked alliance that will get them to 165.

The remaining players (still in play and up for grabs) are the KDP with 25 seats, the PUK with 18 seats and the “National axis” created just recently of middle of the road Sunnis – Nujafi, etc, etc, etc… who have roughly 20 seats. These three groups (the KDP, PUK and the Axis) appear to have entered into some kind of loose negotiating alliance with one another.

Whichever side attracts this group or part of this group, probably wins.

(See this source article: http://www.rudaw.net/english/middleeast/iraq/150820181)

Barzani has been making noise that he and Maliki are the closest. This doesn’t surprise me. These two have been in some hinky, crooked alliance going way back.

However, there is also news the Sunni “axis”, with those roughly 20 seats are already about to join the “Nucleus”… if this is true… and if the recent news of Sadr and Abadi making big concessions in Kurkuk to the Kurds (not to the Barzani family directly)… is accurate… well, from there the electoral math for Ameri and Maliki gets very, VERY difficult. I’ll leave you to your calculators.

When? No clue – but all of the above is why Abadi has been pushing for a quick resolution. Sooner is better for them and worse for the bad actors. Speaking of which – it would also not be impossible for a late stage defection of Ameri to the “Nucleus”… it’s on the table. When he gets the idea it’s inevitable, he may well move.

As a footnote: one more bad move by Barzani (as in; the referendum) landing him on the wrong side of history with his hand in the cookie jar… might well get he and the KDP HAMMERED in the free and fair KRG elections supposedly coming in September – which you can bet will be overseen by the UNHRC (the UN).

In fact, the PUK (Barzani’s counterparts in Kurdistan) might well allow Barzani to make such a move and then split from him – aligning with Sadr and Abadi… If this happens, it’s a slam dunk for the “Nucleous” without Barzani. It would also probably doom Barzani and the KDP in the fall. Not an impossible scenario.

Short story: I am very encouraged with what we are seeing in the news right now. It’s no guarantee of anything right away – but it looks like some big moves being in the right direction.

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MilitiaMan (Dinar Guru) –   RE: Exchange Rates:    …they are Paring the IQD with Global Currencies. They are not just local or regional ones they are paring with the USD, AUD, CND, JPY, BP, etc.. This site is a reputable site out of the UK.   …They are showing their patrons that they are going to have quotes for the IQD.  Well once they change the rate from a program rate the game changes and in a big way, imo..  We have been told that the IQD would go Global… Well here is a venue that supports that they are about to do so. ~ imo ~

https://www.exchangerates.org.uk/Iraqi-Dinar-IQD-currency-table.html

Read more: http://www.dinarupdates.com/observer/
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Peshmerga can return to Kirkuk – if Kurds join Sadr-Abadi bloc

ERBIL, Kurdistan Region – Iraqi parties are busy building alliances which could soon form the basis of the country’s next government. To persuade the Kurdish parties to join its bloc, Iraqi PM Haider al-Abadi’s Nasr (Victory) alliance has offered to cut a deal on Kirkuk.

“Kirkuk is a Kurdish, Arab, Iraqi city,” Ahmed al-Hamdani, a high ranking Nasr official, told Rudaw. “We agree for the Peshmerga to return Kirkuk, as they bravely fought side by side with our forces to repel ISIS from Iraq.”

There was “good coordination between Kurds and Arabs and there is no damage to be incurred if the Peshmerga are our partners,” he added.

Last week, the Sayirun alliance – led by firebrand Shiite cleric Muqtada al-Sadr – teamed up with Abadi’s Nasir, the Hikma Front, and Al-Wataniya to form the core of a parliamentary bloc. If the alliance can win over the Sunni and Kurdish parties, it is well placed to form a governing coalition.

Concessions on Kirkuk – often referred to as the ‘Kurdish Jerusalem’ – could seal the deal.

The Kurdistan Democratic Party (KDP) and the Patriotic Union of Kurdistan (PUK) have prepared a 30 point agenda for government formation talks – among them a resolution to the Kirkuk question.

The Peshmerga, which defended Kirkuk from ISIS in 2014, was forced to withdraw from the disputed province when it was seized by the Iraqi Army and Hashd al-Shaabi Shiite paramilitias on October 16, 2017.

According to Article 140 of the Iraqi constitution, the dispute over whether the ethnically mixed province ought to belong to the Kurdistan Region or remain part of Iraq is supposed to be settled in a referendum.

Under their negotiation terms, the Kurdish parties have called for the contested city to be run jointly between Erbil and Baghdad until the Article 140 is implemented.

“Article 140 is a constitutional article. The Kurdistan Region has the right to be administratively present in Kirkuk, as how it is the right of the Iraqi government to maintain a military and administrative presence in it, until the fate of the Article 140 is decided on?” Mahmoud Mohammed, KDP spokesperson, told Rudaw.

Masum meets KDP-PUK delegation

Fuad Masum, the Kurdish president of Iraq, met with a joint KDP-PUK delegation on Sunday to discuss moving negotiations forward and to prepare for the first parliament session. Under the constitutional timeline, this could be just days away.

The KDP and PUK, which together secured 43 seats in the Iraqi parliament, have been locked in several weeks of talks to agree a shared platform before entering negotiations with their Iraqi counterparts. This way they hope to secure the best possible deal for the Kurdish people.

Abdulla, Aliyawai, an advisor to Masum, told Rudaw the president has met with almost all of the winning parties.

The KDP-PUK delegation will pay another visit to the Iraqi capital on August 29 to meet with Iraqi parties, he said.

Read More: Dinarupdates.com “Current Iraq News Thread”
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BGG ~ If you need a quote to buy Dinar – Please leave me a message on voicemail, send a text (615-509-6256), an e-mail or FaceBook message me. These all work.

Our Current Sale Price is $995 per million.

www.TheDinarExchange.com

______________________________________________________________

Kaperoni (Dinar Guru) –   The truth is the CBI will float the currency and allow it to appreciate gradually as investment comes into the country.  Once they make that decision it could take 6 months to a year to get to a level that we are all excited about. We have documented this for years…

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

Sadr’s success in forming the largest bloc means the elimination of Maliki’s status!

Baghdad today – The success of the leader of the Sadrist movement Moqtada al-Sadr and his allies to form the largest bloc and the new government, which needs only 28 parliamentary seats, means the “loss” of the leader of a coalition of law Nuri al-Maliki for his political status in Iraq, the newspaper said. Pointed out that the Kurds have directed a “blow” to Maliki’s efforts in forming this bloc.

The newspaper said the United Arab Emirates in its report written in English and translated (Baghdad today), that “the bloc of Asron of Sadr says it expects to reach an agreement on the formation of a larger coalition in parliament,” noting that “the Iraqi Kurdish and Sunni blocs expressed their desire to form a coalition with the winner Moqtada Sadr, an indication that former Prime Minister Nuri al-Maliki, who seeks power, may lose his place in the political arena of the country. ”

She added that “the bloc of Asrun compete with the coalition of the rule of law, led by al-Maliki to conclude an agreement with the Kurdistan Democratic Party and the Patriotic Union of Kurdistan (KO-Nu) as well as the Sunni blocs to establish the largest coalition in parliament.

“There are signs of an agreement between the Kurds and the Sunnis on the alliance with others,” Thenational quoted Raed Fahmi, a leading politician in the Asroun bloc, as saying…

Read More: Dinarupdates.com “Current Iraq News Thread”
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Currency365 (Dinar Guru) –   “The Iraqi Islamic Party announced Saturday its support for the nomination of Haider al-Abadi for a second term at the head of the next government.”  …looks like @HaiderAlAbadi got an endorsement…

Read more: http://www.dinarupdates.com/observer/
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BGG (Dinar Guru) –   Article:  “After Abadi, Maliki and Fayyad, Maasoum met with Amiri on the largest bloc”    The only thing you can be certain of, from this article – is that everyone is meeting with everyone in Iraq.  Massoum met with Abadi…then with Ameri…then with Faleh al-Fayadh (national security advisor to Abadi)…and at some point he met with Maliki…None of which means all that much. Massoum mainly has a direct hand in the timeline. He establishes the first meeting of Parliament which is a marker for the formation of the new GOI.  The most curious wording was that Abadi’s main thrust was just to get it moving. He and Sadr seem confident they have the biggest bloc – else why push for this quick formation?

Read more: http://www.dinarupdates.com/observer/
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Kaperoni (Dinar Guru) –    The truth is the CBI will float the currency and allow it to appreciate gradually as investment comes into the country.  [When please?]  I expected [expect it?] yet this year.

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

Iraqi Sunnis form ‘National Axis Alliance’ to have voice in new government

Iraqi President urges new lawmakers to quickly hold first session

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URGENT Member of wisdom: National axis may join the larger bloc next week

Member of Wisdom: National Axis may join the larger bloc next week

(Baghdad: Al-Furat News) Rajah member of the National Wisdom Movement Mohammed al-Husseini joined the National Axis of the largest bloc next week.

“The features of the formation of the largest bloc existed before the meeting of the Babylon Hotel, and other than that is the words of media,” he said, adding that “welcoming any demands within the roof of the Constitution and the law and otherwise are rejected.”

He pointed to “the adherence of some political forces to certain demands and positions,” pointing out that “there is Kurdish flexibility and we believe that the demands will be according to the Constitution.”

Husseini added that “any demands that violate the constitution will open the door of external intervention and produce a fragile government,” noting that “the coming days will produce a big event to help us quickly form the largest bloc,” explaining that “next week the nucleus of the largest bloc will be five and may join the national axis ” He said.

“We do not want to form a government on the basis of partisan and partisan interests, and there is no alliance in the political arena is greater than the alliance of the nucleus of the largest bloc.” He pointed out that “we are heading to form a national majority and can not be achieved without the Kurds and other representatives of social components, “We do not have red lines on anyone, but we put them against any alliance or sectarian and national bloc, because we will return to the previous failed experience in the participation of everyone in the government and everyone opposes it.”

Read More: Dinarupdates.com “Current Iraq News Thread”
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A new alliance brings Abadi back to a second term and excludes Amiri and Maliki

Baghdad / The US administration, through the envoy of its president, Brett McGurk, who has been in Iraq for some time, exerted great pressure on the heads of the winning lists in the elections, which led to the approval of the re-nomination of Prime Minister Haider Abadi for a second term and contributed to the removal of the head of a coalition of state law Nuri al-Maliki and the head of the Fatah alliance Hadi al- National Security Faleh Al Fayad from the circle of competition.

The winning forces announced in the elections that they seek to form a parliamentary alliance transcending sectarianism ensures participation of all in the new government after a series of meetings and meetings managed to resolve the distribution of many positions and sites.

According to a member of the General Authority of the current wisdom of Nizar Sultan in a statement to (the extent) that “the international pressure affected the movement of political forces and identified the features of the largest parliamentary bloc and the candidate for the presidency of the new government,” revealing that the envoy of US President “worked over the past days to unite the ranks of Kurdish forces Sunni and re-elected Abbadi for a second term. ”

McGuck arrived in Iraq and held a series of meetings with the winning lists in the elections in preparation for the announcement of the largest parliamentary bloc and the decision of the prime minister.

The Sultan added that “the representative of the American President discussed with various forces the possibility of restoring confidence in the head of the current government or the nomination of a personal close to the directions of Abadi,” asserting that “these hints helped the US to remove Nuri al-Maliki and Faleh Fayyad and Hadi Amiri competition for the presidency of the next government” .

Two teams of Shiite forces are fiercely vying for the post of prime minister, the first representing others with wisdom, the second conquest and the rule of law, which has delayed the formation of a coalition of parliamentary powers.

“The success of any future stable government for the next four years depends on the participation of others and Fatah and armed wings within them,” he said, revealing “the existence of efforts to convince the President of the Fatah alliance Hadi al-Ameri to enter the four-alliance alliance, which lists the others, wisdom and victory, “He said.

The coalition, backed by the Shiite leader Moqtada al-Sadr and the National Coalition headed by Iyad Allawi and the stream of wisdom led by Ammar al-Hakim, have signed on the seventh of June, the document “Principles of the political program of the alliance of national majority patriarchal.”

The Sultan pointed out that “Eid holiday will witness mobility of the four lists with the other parties to resolve all the implications on the dates of the formation of the Great Bloc,” noting that “Abadi has a great chance to assume the presidency of the new government.”

The Sultan predicts that “the announcement of the formation of the largest parliamentary bloc will be after the Eid holiday,” stressing that “the talk behind the scenes between the lists close to resolve their alliances revolves accurately on the distribution of positions and sites.”

The parties in the stream of wisdom has confirmed to (the extent) recently, the existence of surprises will be announced after the holiday holiday.

In turn, the secretary of the Central Committee of the Communist Party of Iraq Raed Fahmi told (the range) saying that “the lists of victory and Suron and wisdom and the National Coalition agreed to put the terms of the general principles of the form of the coalition, which is ready to announce in the coming days,” pointing out that ” True of the largest parliamentary bloc. ”

The results of the elections that took place on May 12, the victory of the coalition (Sadr), led by the Shiite cleric Moqtada al-Sadr with civilian forces and the Communist Party ranked first after winning 54 seats, while the list of the opening led by Hadi al-Ameri ranked second with 48 seats, Which is led by Haider Abadi with 42 seats.

He adds Fahmi that “parties in the Union of Iraqi forces and another Kurdish will announce its accession to the alliance lists the four (wisdom and ascendance, victory and patriotism),” stressing that ”

In the midst of these events, the leader of the Sadrist movement Moqtada al-Sadr arrived in Baghdad and held a number of side meetings with some blocs and lists in order to accelerate the resolution of the formation of the new alliance.

On the other hand, the winning candidate for the alliance of victory Adnan al-Zarfi that “the four lists have gone a long way of negotiations and reached the advanced stages to form the largest bloc.”

The Federal Court on Sunday ratified the final results of the House elections. Al-Zarafi said in a statement to the (range) that the coalition of the decision and the Union of Iraqi forces and other parties will announce their accession to the four lists to form the largest bloc number, “stressing that the prospective coalition did not form on the basis of sectarian or sectarian.

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

Post RV Checklist (it’s getting to be that time!! Listen up!!)

Dos and Don’ts of Windfall Wealth:

Treat it like a PowerBall win

– Tell no one, not even family. If you must talk, do so with one who is already in the know.

– Don’t run out & buy new “stuff”. People notice.

– Get an unpublished number and give it out very sparingly.

– Get a tax accountant you can trust to make sure the IRS is satisfied (Certified Opinion is something to look into) and pursue asset protection…

Read Complete List: http://www.dinarupdates.com/showthread.php?18519-The-Post-RV-Checklist-and-Flashback-documents&p=128477#post128477
______________________________________________________________

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

Thanks – BGG!!

www.DinarUpdates.com

Dahlaki: Next Monday will be announced alliance with “Asron”

The former deputy of the Sunni Alliance of Forces, Raad al-Dahlaki, announced that the Sunni forces would turn to Sadrists, headed by Moqtada al-Sadr, indicating that next Monday the alliance would be announced.
“We are open to the rest of the blocs that believe in the national project away from the Iranian axis and its pressures,” Dahlaki said in a statement.

He added that “there are deputies from the national axis confirmed their withdrawal from and join with us,” noting that there will be a meeting next Monday of the National Bloc and everyone who joined them, and the number will be clear to announce.

Read More: Dinarupdates.com “Current Iraq News Thread”
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Breitling (Dinar Guru) –…This is a no risk zone…people are saying that, “oh my god it’s at a tenth of a penny it must be high risk currency or there’s something wrong.”  No.  There’s nothing wrong.  They [CBI/Iraq] are using it [dinar] like they need to use it.  The question is for you and me is, Is there a window when they start adding value to it?  And how and why?  And that’s what we’re following…People are stuck on a tenth of a penny and somehow that rate makes it a risk. That’s not a risk for you and me.  That’s a huge advantage… We’re using the US dollar to get that currency…

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

BGG ~ If you need a quote to buy Dinar – Please leave me a message on voicemail, send a text (615-509-6256), an e-mail or FaceBook message me. These all work.

Our Current Sale Price is $995 per million.

www.TheDinarExchange.com

______________________________________________________________

After Abadi, Maliki and Fayyad, Maasoum met with Amiri on the largest bloc

The President of the Republic Fuad Masum in Baghdad on Saturday evening 25 with Hadi al-Amiri Secretary General of the Badr Organization results of efforts aimed at forming the largest parliamentary bloc in preparation for the call of the new parliament to convene to take up its legislative and oversight functions.

A statement issued by the Presidency of the Republic today that “the meeting stressed the need to heal the first session of the House of Representatives in its fourth session on the constitutional date specified to be able to move to the implementation of a series of steps constitutional procedures that should culminate in the commissioning of the parliamentary bloc’s largest task of forming a new Iraqi government within the legal period “He said.

“The meeting also dealt with the latest developments in political and security as well as ways to ensure the realization of the will of voters and the general Iraqi political and economic reforms.”

Masoum met earlier in the day with national security adviser Faleh al-Fayadh, for the same purpose.

The President of the Republic Fuad Masum met yesterday evening with the leader of the coalition, “victory” Prime Minister Haider Abadi and discussed the acceleration of the formation of the largest bloc, and the first meeting of parliament to choose a new government for Iraq, the first also held earlier in the day a similar meeting with his deputy and leader The coalition of state law Nuri al – Maliki.

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

BGG ~ Listen folks – RELAX. The only thing you can be certain of, from this article – is that everyone is meeting with everyone in Iraq.

Massoum met with Abadi…

then with Ameri…

then with Faleh al-Fayadh (national security advisor to Abadi)…

and at some point he met with Maliki…

None of which means all that much. Massoum mainly has a direct hand in the timeline. He establishes the first meeting of Parliament which is a marker for the formation of the new GOI.

The most curious wording was that Abadi’s main thrust was just to get it moving. He and Sadr seem confident they have the biggest bloc – else why push for this quick formation?

______________________________________________________________

Adam Montana (Dinar Guru) –   [Do you think the IMF has to give the nod to an RV?]  Of course – the IMF isn’t going to hold them back when they choose to RV. We’ve seen the IMF stay very silent on Iraq once the restrictions were lifted several years ago. If the IMF was going to try to block anything, they would be very outspoken about it and we’d all know it was time to pack our bags and find another subject to keep our interest… that is not the case.

Read more: http://www.dinarupdates.com/observer/
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Maliki: The majority of the political project is still the best solution to get rid of the crises in Iraq

[Ayna-Baghdad] Vice President Nuri, special envoy of US President Brett McGurk, stressed that the political majority project is still the best solution to get rid of the crises experienced by Iraq.

“Vice President Nuri al-Maliki received in his office today the special envoy of the President of the United States of America, Brett McGurk, in the presence of Ambassador Douglas Silliman,” a statement from his office said.

“During the meeting, they reviewed developments in the political and security situation in Iraq and the region, and ways to strengthen bilateral relations between the two friendly countries.”

“The majority of the political project is still the best solution to get rid of the chronic political, security, economic and social crises experienced by Iraq, and start to form a strong government capable of maintaining security and stability and restore the prestige of the state and promote services,” Maliki said.

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

BGG ~ This guys is JUST OBSESSED WITH THE IDEA of being a DICTATOR!! He can’t PUT IT DOWN!!

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Mnt Goat (Dinar Guru) –   So we are still being told the negotiations with the Kurdistan parties will be completed by the end of Eid al-Adha holiday on Aug 25th. And the announcements of the new government will be made at this time. So I expect it sometime this weekend. We are hearing the new FIRST session of parliament to swear in the new members and establish the new speaker will take place (or targeted to take place) on Tuesday Aug 28th.

Read more: http://www.dinarupdates.com/observer/
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Mnt Goat (Dinar Guru) –   As we wait for a decision by the CBI on the reinstatement of the dinar, we are witnessing more and more pressure from Iran to conduct business with Iraq in spite of the sanctions. They are now even attempting to drive down the rate of the dinar by smuggling counterfeit US dollars over the border, thus weakening the dinar. This is economic war…

Read more: http://www.dinarupdates.com/observer/
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Mnt Goat (Dinar Guru) –   Article quote:  “The Iranian strategy is to inject a large, counterfeit Iraqi currency into Iraqi markets and push for increased demand for the US dollar by local traders.”  Why is this so important to us and the RV?  …BECAUSE THIS WILL INCREASE THE DEMAND FOR THE US DOLLAR, THUS DRIVE DOWN THE RATE OF THE DINAR…This will bring Iraq into non-compliance by the IMF for the MCP practices.  I told everyone that these new sanctions were going to cause havoc in Iraq and will be the next reason to stall the RV…The answer to the problem?  Reinstate the dinar, get off the peg to the dollar and re-peg to the SDR basket of currencies. Use the dinar to conduct business. Issue the new lower category notes thus redenominate. Outlaw the use of the dollar in Iraq.

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

Some interesting headlines…

Hakim’s movement confirms near the resolution of the largest bloc with alliances Sadr and Abbadi

Urgent .. The coming hours will witness the announcement of the largest bloc!!

 

______________________________________________________________

International coalition: US forces will remain in Iraq

{International: Euphrates News} Sean Ryan, spokesman for the International Alliance led by Washington, said that US forces will remain in Iraq as long as necessary, and to stabilize the areas that were subject to gangs advocating terrorism

On February 5, the Pentagon announced its intention to withdraw its forces from Iraq in the near future, and revealed an agreement between Washington and Baghdad to transfer the functions of these forces to training units of the Iraqi army to combat terrorism.

Read More: Dinarupdates.com “Current Iraq News Thread”
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Federal Court endorses the results of parliamentary elections

BAGHDAD – The Federal Court on Sunday approved the final results of the elections of the Iraqi Council of Representatives.

“The court held its session this morning, in the presence of its full members, and considered the request to ratify the final results of the elections of the Iraqi Council of Representatives,” said the spokesman of the court, Ayas al-Samuk, said “it has checked the names received from the Commission The Independent High Electoral Commission annexed its book dated 17/8/2018.

“After reviewing and deliberating on the names and objections to some of them, the Supreme Federal Court issued this afternoon (19/8/2018), its decision to ratify the names received, and issued the resolution by consensus.”

The Electoral Commission has sent, earlier, lists of the names of the winners of the House of Representatives elections of 2018 to the Federal Court to ratify the results.

The vote of the Iraqis, (Saturday 12 May 2018), to choose a new parliament, and these elections are the first after the defeat of the organization, “Daash”, while the Independent Electoral Commission announced that the participation rate in the elections amounted to 44%.

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

Post RV Checklist (it’s getting to be that time!! Listen up!!)

Dos and Don’ts of Windfall Wealth:

Treat it like a PowerBall win

– Tell no one, not even family. If you must talk, do so with one who is already in the know.

– Don’t run out & buy new “stuff”. People notice.

– Get an unpublished number and give it out very sparingly.

– Get a tax accountant you can trust to make sure the IRS is satisfied (Certified Opinion is something to look into) and pursue asset protection…

Read Complete List: http://www.dinarupdates.com/showthread.php?18519-The-Post-RV-Checklist-and-Flashback-documents&p=128477#post128477
______________________________________________________________

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

Thanks – BGG!!

www.DinarUpdates.com

URGENT Abadi calls on infallible to call the new parliament to convene and assign the candidate of the largest bloc to form a government

Baghdad: Al-Furat News – Prime Minister Haider al-Abbadi, President of the Republic Fuad Masum, called for the new House of Representatives to convene.

Abadi said in a televised speech on the occasion of the ratification of the Federal Court on the results of the elections of the House of Representatives “after the announcement of the Federal Court ratification of the results of the elections of the House of Representatives I thank the people of the Iraqi people to complete the maturity of the constitutional elections and their contribution to the vote for candidates for membership of the House of Representatives…

Read More: Dinarupdates.com “Current Iraq News Thread”
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Adam Montana (Dinar Guru) –   [..if, (big IF) the election results become official by the end of next week (after holiday) how long would you speculate that it would take to seat the new parliament and start conducting business? I realize this is Iraq and anything or nothing may happen SOON.]   We’re looking at about a 30 day cycle right now, IMO

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

BGG ~ If you need a quote, to buy or sell Dinar – Please leave me a message on voicemail, send a text, an e-mail or FaceBook message me. These all work.

Our Current Buy-back rate is $825 per million.

www.TheDinarExchange.com

______________________________________________________________

URGENT: Three delegations from each party will announce the nucleus of the largest bloc

“A tripartite delegation from each of the parties participating in this evening’s meeting will attend the announcement of the nucleus of the formation of the largest bloc, whose final pillars will be built across the national space,” said a member of the Political Bureau and the official spokesman of the National Wisdom Movement.

Abu Ragheef said in previous statements that “things are moving in a positive, and logical and calm, towards the completion of axis (wisdom, Suron, victory, national, powers) in coordination with the high Kurdish axis, away from intimidation and misleading.”

He stressed that “the doors remain open to all blocs and coalitions on the basis of understanding and service program and openness, and the national interest.”

“The Iraqi components will be present in the meeting of national forces and coalitions to announce the nucleus of the coalition, which ends to form the largest bloc this evening.”…

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

Chattels (Dinar Guru) –   […is that 2% really going to be held to the letter]   Actually there is no ” official ” information so we are guessing at best… as RandyK  stated, this may not be a “textbook” economic process or event.

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

Maliki: The majority of the political project is still the best solution to get rid of the crises in Iraq

[Ayna-Baghdad] Vice President Nuri, special envoy of US President Brett McGurk, stressed that the political majority project is still the best solution to get rid of the crises experienced by Iraq.

“Vice President Nuri al-Maliki received in his office today the special envoy of the President of the United States of America, Brett McGurk, in the presence of Ambassador Douglas Silliman,” a statement from his office said.

“During the meeting, they reviewed developments in the political and security situation in Iraq and the region, and ways to strengthen bilateral relations between the two friendly countries.”

“The majority of the political project is still the best solution to get rid of the chronic political, security, economic and social crises experienced by Iraq, and start to form a strong government capable of maintaining security and stability and restore the prestige of the state and promote services,” Maliki said.

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

BGG ~ This guys is JUST OBSESSED WITH THE IDEA of being a DICTATOR!! He can’t PUT IT DOWN!!

______________________________________________________________

Randy Koonce (Dinar Guru) –   First, we are in a new window of opportunity ‘right now‘.   When I say that, it does NOT mean it will happen “without a doubt in this current window” (Remember:  It’s Iraq!).   What it does mean is that there is a very good chance for the rate to finally change.  Now.  …I hope that one day I might get the opportunity to explain why this has taken so long.  There are so many factors at work.  More than one person and/or agency has had influence on the RV.  It has become far more political than anyone ever intended or expected.  Also, for anyone who thinks this will come out at 10 cents and float up –  they do not know how this system will work and did not read the right articles from the right people. This was never planned to be an ‘economic text book’ event.  The Currency will be a MANAGED FLOAT.  The word ‘managed’ is the clue.   It means that ‘someone’ will determined when to move it and how much.  The Dinar right now is on a Managed Float.  So, you can see that if it does not RV that it will not move…

Read more: http://www.dinarupdates.com/observer/
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Randy Koonce (Dinar Guru) –   People say that it is not pegged to the Dollar anymore.  That is BS.  The Dinar is currently pegged to 3 currencies, and will continue to be pegged that way.   When they change the value, they will be able to determine how much and where.  No one knows the exact Rate other than Shabibbi (still involved in the CBI) and the Governor of the CBI.   They were given a “Range to Revalue the Currency”.   And that range begins at $1.50.   Iraq actually needs it to be around $2.50 to be able to pay everyone and everything, and $1.50 will not leave them the ability to pay back the loans they will receive.   So, I am of the OPINION it will come in higher than that.  But we will see…   [post 2 of 3….stay tuned]

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

Randy Koonce (Dinar Guru) –   Right now, the pressure for this to take place is Very Great.  As in, ‘Extremely Huge’. Our POTUS does not care who the PM will be.  He believes we can work with anyone.  …However, there is an ‘agency’ who got in the middle of their election process, and once again delayed the rate change.  Now, that  ‘agency’ is really wanting this to happen.   So, what do we need to see?  We need to see the Election ratified by the Federal Court; the ‘Coalition’ needs to be announced; and the next PM will then be announced. Then our event will happen!  However, if these events drag out, then the Event we are looking for just might happen without the Government.  It’s possible.  So our ‘window’ will last to the end of the month of August, with a strong possibility for next week.  The pressure will only get stronger closer to end of month.  …We REALLY are in the final stages of this.   I know that this administration wants this to be over, and they (he) wants it over NOW!!  We are SO close …So, hang in there Everyone.  It’s coming, one way or the other!!  Breathe.   [Post 3 of 3]

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

Some interesting headlines…

Hakim’s movement confirms near the resolution of the largest bloc with alliances Sadr and Abbadi

Urgent .. The coming hours will witness the announcement of the largest bloc!!

 

______________________________________________________________

International coalition: US forces will remain in Iraq

{International: Euphrates News} Sean Ryan, spokesman for the International Alliance led by Washington, said that US forces will remain in Iraq as long as necessary, and to stabilize the areas that were subject to gangs advocating terrorism

On February 5, the Pentagon announced its intention to withdraw its forces from Iraq in the near future, and revealed an agreement between Washington and Baghdad to transfer the functions of these forces to training units of the Iraqi army to combat terrorism.

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

Federal Court endorses the results of parliamentary elections

BAGHDAD – The Federal Court on Sunday approved the final results of the elections of the Iraqi Council of Representatives.

“The court held its session this morning, in the presence of its full members, and considered the request to ratify the final results of the elections of the Iraqi Council of Representatives,” said the spokesman of the court, Ayas al-Samuk, said “it has checked the names received from the Commission The Independent High Electoral Commission annexed its book dated 17/8/2018.

“After reviewing and deliberating on the names and objections to some of them, the Supreme Federal Court issued this afternoon (19/8/2018), its decision to ratify the names received, and issued the resolution by consensus.”

The Electoral Commission has sent, earlier, lists of the names of the winners of the House of Representatives elections of 2018 to the Federal Court to ratify the results.

The vote of the Iraqis, (Saturday 12 May 2018), to choose a new parliament, and these elections are the first after the defeat of the organization, “Daash”, while the Independent Electoral Commission announced that the participation rate in the elections amounted to 44%.

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

Post RV Checklist (it’s getting to be that time!! Listen up!!)

Dos and Don’ts of Windfall Wealth:

Treat it like a PowerBall win

– Tell no one, not even family. If you must talk, do so with one who is already in the know.

– Don’t run out & buy new “stuff”. People notice.

– Get an unpublished number and give it out very sparingly.

– Get a tax accountant you can trust to make sure the IRS is satisfied (Certified Opinion is something to look into) and pursue asset protection…

Read Complete List: http://www.dinarupdates.com/showthread.php?18519-The-Post-RV-Checklist-and-Flashback-documents&p=128477#post128477
______________________________________________________________

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

Thanks – BGG!!

www.DinarUpdates.com

URGENT Abadi calls on infallible to call the new parliament to convene and assign the candidate of the largest bloc to form a government

Baghdad: Al-Furat News – Prime Minister Haider al-Abbadi, President of the Republic Fuad Masum, called for the new House of Representatives to convene.

Abadi said in a televised speech on the occasion of the ratification of the Federal Court on the results of the elections of the House of Representatives “after the announcement of the Federal Court ratification of the results of the elections of the House of Representatives I thank the people of the Iraqi people to complete the maturity of the constitutional elections and their contribution to the vote for candidates for membership of the House of Representatives…

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

Adam Montana (Dinar Guru) –   [..if, (big IF) the election results become official by the end of next week (after holiday) how long would you speculate that it would take to seat the new parliament and start conducting business? I realize this is Iraq and anything or nothing may happen SOON.]   We’re looking at about a 30 day cycle right now, IMO

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

BGG ~ If you need a quote, to buy or sell Dinar – Please leave me a message on voicemail, send a text, an e-mail or FaceBook message me. These all work. All orders (buy & sell) will be filled (& paid for) Monday the 20th.

Our Current Buy-back rate is $825 per million.

www.TheDinarExchange.com

______________________________________________________________

URGENT: Three delegations from each party will announce the nucleus of the largest bloc

“A tripartite delegation from each of the parties participating in this evening’s meeting will attend the announcement of the nucleus of the formation of the largest bloc, whose final pillars will be built across the national space,” said a member of the Political Bureau and the official spokesman of the National Wisdom Movement.

Abu Ragheef said in previous statements that “things are moving in a positive, and logical and calm, towards the completion of axis (wisdom, Suron, victory, national, powers) in coordination with the high Kurdish axis, away from intimidation and misleading.”

He stressed that “the doors remain open to all blocs and coalitions on the basis of understanding and service program and openness, and the national interest.”

“The Iraqi components will be present in the meeting of national forces and coalitions to announce the nucleus of the coalition, which ends to form the largest bloc this evening.”…

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

Chattels (Dinar Guru) –   […is that 2% really going to be held to the letter]   Actually there is no ” official ” information so we are guessing at best… as RandyK  stated, this may not be a “textbook” economic process or event.

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

Maliki: The majority of the political project is still the best solution to get rid of the crises in Iraq

[Ayna-Baghdad] Vice President Nuri, special envoy of US President Brett McGurk, stressed that the political majority project is still the best solution to get rid of the crises experienced by Iraq.

“Vice President Nuri al-Maliki received in his office today the special envoy of the President of the United States of America, Brett McGurk, in the presence of Ambassador Douglas Silliman,” a statement from his office said.

“During the meeting, they reviewed developments in the political and security situation in Iraq and the region, and ways to strengthen bilateral relations between the two friendly countries.”

“The majority of the political project is still the best solution to get rid of the chronic political, security, economic and social crises experienced by Iraq, and start to form a strong government capable of maintaining security and stability and restore the prestige of the state and promote services,” Maliki said.

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

BGG ~ This guys is JUST OBSESSED WITH THE IDEA of being a DICTATOR!! He can’t PUT IT DOWN!!

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Randy Koonce (Dinar Guru) –   First, we are in a new window of opportunity ‘right now‘.   When I say that, it does NOT mean it will happen “without a doubt in this current window” (Remember:  It’s Iraq!).   What it does mean is that there is a very good chance for the rate to finally change.  Now.  …I hope that one day I might get the opportunity to explain why this has taken so long.  There are so many factors at work.  More than one person and/or agency has had influence on the RV.  It has become far more political than anyone ever intended or expected.  Also, for anyone who thinks this will come out at 10 cents and float up –  they do not know how this system will work and did not read the right articles from the right people. This was never planned to be an ‘economic text book’ event.  The Currency will be a MANAGED FLOAT.  The word ‘managed’ is the clue.   It means that ‘someone’ will determined when to move it and how much.  The Dinar right now is on a Managed Float.  So, you can see that if it does not RV that it will not move…

Read more: http://www.dinarupdates.com/observer/
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Randy Koonce (Dinar Guru) –   People say that it is not pegged to the Dollar anymore.  That is BS.  The Dinar is currently pegged to 3 currencies, and will continue to be pegged that way.   When they change the value, they will be able to determine how much and where.  No one knows the exact Rate other than Shabibbi (still involved in the CBI) and the Governor of the CBI.   They were given a “Range to Revalue the Currency”.   And that range begins at $1.50.   Iraq actually needs it to be around $2.50 to be able to pay everyone and everything, and $1.50 will not leave them the ability to pay back the loans they will receive.   So, I am of the OPINION it will come in higher than that.  But we will see…   [post 2 of 3….stay tuned]

Read more: http://www.dinarupdates.com/observer/
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Randy Koonce (Dinar Guru) –   Right now, the pressure for this to take place is Very Great.  As in, ‘Extremely Huge’. Our POTUS does not care who the PM will be.  He believes we can work with anyone.  …However, there is an ‘agency’ who got in the middle of their election process, and once again delayed the rate change.  Now, that  ‘agency’ is really wanting this to happen.   So, what do we need to see?  We need to see the Election ratified by the Federal Court; the ‘Coalition’ needs to be announced; and the next PM will then be announced. Then our event will happen!  However, if these events drag out, then the Event we are looking for just might happen without the Government.  It’s possible.  So our ‘window’ will last to the end of the month of August, with a strong possibility for next week.  The pressure will only get stronger closer to end of month.  …We REALLY are in the final stages of this.   I know that this administration wants this to be over, and they (he) wants it over NOW!!  We are SO close …So, hang in there Everyone.  It’s coming, one way or the other!!  Breathe.   [Post 3 of 3]

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

Hakim’s movement confirms near the resolution of the largest bloc with alliances Sadr and Abbadi

Urgent .. The coming hours will witness the announcement of the largest bloc!!

 

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International coalition: US forces will remain in Iraq

{International: Euphrates News} Sean Ryan, spokesman for the International Alliance led by Washington, said that US forces will remain in Iraq as long as necessary, and to stabilize the areas that were subject to gangs advocating terrorism

On February 5, the Pentagon announced its intention to withdraw its forces from Iraq in the near future, and revealed an agreement between Washington and Baghdad to transfer the functions of these forces to training units of the Iraqi army to combat terrorism.

Read More: Dinarupdates.com “Current Iraq News Thread”
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Federal Court endorses the results of parliamentary elections

BAGHDAD – The Federal Court on Sunday approved the final results of the elections of the Iraqi Council of Representatives.

“The court held its session this morning, in the presence of its full members, and considered the request to ratify the final results of the elections of the Iraqi Council of Representatives,” said the spokesman of the court, Ayas al-Samuk, said “it has checked the names received from the Commission The Independent High Electoral Commission annexed its book dated 17/8/2018.

“After reviewing and deliberating on the names and objections to some of them, the Supreme Federal Court issued this afternoon (19/8/2018), its decision to ratify the names received, and issued the resolution by consensus.”

The Electoral Commission has sent, earlier, lists of the names of the winners of the House of Representatives elections of 2018 to the Federal Court to ratify the results.

The vote of the Iraqis, (Saturday 12 May 2018), to choose a new parliament, and these elections are the first after the defeat of the organization, “Daash”, while the Independent Electoral Commission announced that the participation rate in the elections amounted to 44%.

Read More: Dinarupdates.com “Current Iraq News Thread”
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Post RV Checklist (it’s getting to be that time!! Listen up!!)

Dos and Don’ts of Windfall Wealth:

Treat it like a PowerBall win

– Tell no one, not even family. If you must talk, do so with one who is already in the know.

– Don’t run out & buy new “stuff”. People notice.

– Get an unpublished number and give it out very sparingly.

– Get a tax accountant you can trust to make sure the IRS is satisfied (Certified Opinion is something to look into) and pursue asset protection…

Read Complete List: http://www.dinarupdates.com/showthread.php?18519-The-Post-RV-Checklist-and-Flashback-documents&p=128477#post128477
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Thanks – BGG!!

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