An official source for «Economy News»: stop the program of credit readiness between Iraq and the International Monetary Fund

Economy News Baghdad: An official source in the Iraqi government, stop the program of credit readiness signed by Iraq and the International Monetary Fund in 2015 until the formation of the next government.

The source, who preferred not to be named for “economy News”, said that “the program of credit readiness, which earned Iraq a loan of 5.4 billion dollars from the International Monetary Fund stopped until the formation of the next government,” adding that “Iraq will begin after the resumption of the program The third review of the Iraqi economy by the International Monetary Fund. ”

He pointed out that “the International Monetary Fund criticized some of the actions carried out by the government during the past years and the latest delay in the House of Representatives in the adoption of the draft budget law for the year 2018 because of political differences.”

Article Credit: Economy-news.net (Special Thanks to Tim Tarkington)

BGG ~ Look like to me, the IMF isn’t impressed with this delay business either. They are putting a hold on thing until they get the new government formed. Hmmmm?!?

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US, Russia, Britain will protect oil companies in Iraq

Observers said that the United States, Russia and Britain will launch a military operation to protect the oil companies operating in Iraq amid ongoing protests witnessed in a number of provinces.

They pointed out that the three countries would intervene militarily if their oil companies or their employees were targeted by Iran Militia in Iraq and Syria (IMIS) terrorists.

The observers stressed that the Iranian plan regarding the isolation of Basra and targeting oil companies there has become well known.

On July 8, protests erupted in Basra against shortage of jobs, electricity, water and basic services.

Observers said that Iran seeks to target British, American and Russian companies in southern Iraq, noting that the three countries will intervene to protect their companies that are being currently targeted by the Iranian Revolutionary Guard Corps (IRGC).

They added that protesting in front of oil companies and blocking access to them proves that Iran is determined to spread chaos in Basra, Maysan, Dhi Qar, Najaf and other Iraqi provinces.

The observers said that Iran felt that Ahwaz would hold mass demonstrations this summer, so it turned the attention into Basra.

They added that IRGC’s existence on the Kuwaiti border aims to threaten the security of the Gulf and its oil fields, stressing that mullah’s regime is trying to implement a plan that aim to withdraw about 15 million barrels of oil from the markets and stop oil exports.

Observers who spoke to The Baghdad Post said that Iran stands behind the protests witnessed in southern Iraq.

They said that Iran is not only responsible for cutting electricity and water in the south, but it also inciting Basra’s residents against oil companies operating there because they are not recruiting them.

The observers pointed out that Iranian President Hassan Rouhani threats that process of preventing oil companies in the Gulf from working and exporting their oil would start from southern Iraq prove that Iran is standing behind the crisis.

They called on the government of Haider al-Abadi to respond quickly to the demands of the people of Basra in order to not give Iran the chance to use the situation to destroy Iraq.

Analysts stressed that Iran is playing a “dirty game” as the mullah’s regime has promised to spread chaos in the region to disrupt oil sales in the Gulf.

Observers called on Haider al-Abadi’s government to protect Iraq from the international intervention to protect foreign oil companies, as well as thwarting Iran’s plan that seeks to spread chaos in the region.

Article Credit: Thebaghdadpost.com (Special Thanks to Charles Bright)
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Breitling (Dinar Guru) – …the dinar is going to revalue…Iraq is active.  Regardless of what’s going on out there with Iran, United States and Russia and all that stuff they are moving forward.

Read more: http://www.dinarupdates.com/observer/
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Why sell Dinar?

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

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

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

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

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

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

Our Sell price for today: $995 per million

www.TheDinarExchange.com

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

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

“Hi Tom,

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

Stephen O
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Whitelions (Dinar Guru) –   …if you think about it’s a very small % of the world population owns dinar…not even 1%…we just think there is a lot because we live in dinar land and we think it’s bigger than it is, and that is by the cbi estimates.

BGG ~ I hate to break it to everyone – ownership is a LOT LESS than 1%. I would be in shock if the number were anywhere close to 1/10th of ONE PERCENT.

Read more: http://www.dinarupdates.com/observer/
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Sadr abandons his only condition to support Abadi’s candidacy for PM

Sadrists say they will nominate next prime minister of Iraq

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

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

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

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

Article Credit: Thebaghdadpost.com (Special Thanks to Charles Bright)
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Whitelions (Dinar Guru) –   I believe and mind you it’s my belief…that it has to be a little over Kuwait and very close to Saudi Arabia …so we figure 3.60 to 3.80 because they have to be able to run the country and compete with the market in the world as well…even if they just reinstate it, it will be over 3.00… and NO FLOAT…

BGG ~ Can these Guru’s not read?!? Today – Kuwait is at $3.30 and the Saudi Riyal is at .27 (that’s 27 CENTS!!)… please show me a mathematical equation that reconciles this previous statement.

Read more: http://www.dinarupdates.com/observer/
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Adam Montana (Dinar Guru) –   [I am still puzzled by the loans Iraq keeps getting. Is this a possible Indicator that an RV/RI is a little further away than we/I suspect? If all it would take is an RV than why the loans?]  I don’t think so. I think they are going to keep taking these freebie loans as long and as much as possible, especially pre-RV.   Post-RV, their “eligibility” will be different, but it will not affect their repayment obligations. I call that “smart business”.

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

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

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

Rafidain Bank and KI partnership to provide global services soon

______________________________________________________________

Will Trump implement his own policy toward Kurds?

WASHINGTON DC, United States (Kurdistan24) – “The Kurds are great people. They’re incredible fighters,” President Donald Trump said on Thursday, following the NATO summit in Brussels.

“They’re wonderful, warm, intelligent — allies, in many cases,” he continued, replying to a question from Kurdistan 24’s Barzan Hassan.

“I believe they’re great people,” Trump affirmed.

Kurds and their friends were delighted at the President’s words, which brought back memory of Trump on the campaign trail when he also spoke warmly of the Kurds.

“We should be arming the Kurdish [troops.] They’ve proven to be the best fighters. They’ve proven to be the most loyal to us,” he said.

“They have great heart. We should be working with them much more than we are,” Trump said in Nashville.

After Trump won, Kurds looked forward to his presidency. “Trump Fish” restaurant opened in Dohuk, because, as the owner told Kurdistan 24, “[Trump] has expressed support for the Peshmerga forces in the presidential election campaign.”

Trump’s first (and short-lived) National Security Adviser, Michael Flynn, was sympathetic to the Kurds. So, too, was the man who replaced him, H.R. McMaster, who worked with the Peshmerga during Operation Iraqi Freedom (OIF.)

So when the US did virtually nothing to stop the Iraqi assault on Kirkuk in October 2017, Kurdish anger at US inaction was accompanied by a deeply-felt sense of betrayal.

What went wrong?

The Trump administration, like its predecessor, saw Iraq, including the Kurds, in terms of the war to defeat the Islamic State (IS.) It did not think much about what would follow. It assumed the past was the future. So Iraq was not a high priority—say, on the level of North Korea or Iran.

The question of the future of Iraq was left to the bureaucracies, which are, typically, creatures of habit. They continued with their Obama-era thinking. That included accommodating Iran’s growing influence in Iraq, not recognizing it as a problem, even not acknowledging basic facts—like the clear evidence of the central role played by Iran and its proxy forces among Iraq’s Shia militias in the assault on Kirkuk.

As Trump’s tough new stance against Iran emerged, they failed to address the contradiction between confronting Iran pretty much everywhere on the planet but accommodating it in Iraq.

Michael Pregent, a Fellow at the Hudson Institute, who advised Gen. David Petraeus and Gen. Raymond Odierno during OIF, suggested that Trump was not thinking strategically about “the significance of Kurdistan.”

Trump “limits his praise to the bravery of the Peshmerga,” as they fought IS, Pregent said, but “what he needs to understand is that the way to keep [IS] from coming back and the way to curb Iranian influence” is to recognize the Kurdistan Region “as an American ally and an American investment.”

The Kurds are an American ally because the US can work with them to restrain Iran while preventing IS’ re-emergence, and the Kurdistan Region can be an American investment because it is a success story.

“It is literally the only thing we have left in Iraq that is a shining example of what we were able to do there,” Pregent said. However, the bureaucracies are not presenting these issues to the president from this strategic perspective, and so it is not recognized.

The formulation of Iraq policy fell to the State Department, where Secretary Tillerson was a remote and disengaged figure, focused on priority issues, like North Korea, and on reorganizing the State Department, a prolonged process, which left important positions unfilled.

Into that vacuum stepped Brett McGurk, a lawyer, with limited knowledge and experience of the Middle East. McGurk, whom Barack Obama had made Special Presidential Envoy to the coalition to defeat IS in November 2015, after Gen. John Allen stepped down from that position.

Originally, Trump intended to replace McGurk with Lt. Gen. H.R. McMaster, whose stature and experience was comparable to Allen’s. But when Michael Flynn was obliged to resign as National Security Adviser, McMaster was tapped to replace Flynn, and McGurk kept his position.

In the absence of an Assistant Secretary of State for Near East Affairs, McGurk assumed the role of US arbiter of Iraq’s future. Three major setbacks followed.

The first was the Iranian-orchestrated assault on Kirkuk. McGurk did not inform the White House of Tehran’s role, perhaps, because he, himself, was unaware of it.

The second was the re-emergence of IS in Kirkuk and other disputed territories.

The third was Iraq’s May 12 elections. America’s man in Iraq—Haider al-Abadi—finished third, behind the mercurial Shia cleric, Muqtada al-Sadr, and Hadi al-Amiri, head of the Popular Mobilization Forces, the most powerful of which, including his own, are backed by Iran.

How is Washington dealing with this? The US-led military coalition has responded to the deteriorating security situation by increasing coordination with the Peshmerga; emphasizing its continuing support for the Kurdish forces; and promoting talks to restore security coordination between the Kurdistan Region and Iraq.

In addition, senior US officials now publicly acknowledge that Iran’s influence in Iraq is a real problem. Secretary of State Mike Pompeo regularly speaks of the challenge posed by the Iranian-backed Shia militias.

Most dramatically, perhaps, the State Department recently revealed that Iran is running terrorist training camps in Iraq. It identified the Bahraini Al-Ashtar Brigades as one group receiving such training, but it would be little surprise if there were not more.

Of course, this does not explain how the US will address the challenge of Iran’s malign role in Iraq, but acknowledging the problem is, at least, a start.

And it raises the question: given that this is the nature of the Iraqi government, why insist that the people whom Trump describes—“great people” and “incredible fighters” and “most loyal to us”—must remain subject to this modern-day Babylonian yoke?

Article Credit: Kurdistan24.net

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

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

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

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

Article Credit: Baghdadtoday.news

BGG ~ This is one of the main articles over the last few days that I really wanted to get into… just sooooo much here. This one was out of a BARRAGE of news pieces over the last couple of weeks seeming to favor Maliki.

Everyone so upset over anything positive for Maliki, they didn’t stop to read it!!

First, nowhere in here does it say that they actually had, have or will have a deal. Also – this strong budding U.S. support for the Kurds doesn’t bode well for any alliance with deep ties to Iran. Which would be the cornerstone of an Ameri, Abadi, Maliki and Barzani alliance. Way too much Iran there for the U.S. to put up with. The Kurds need us more than anything in the long run.

Ultimately – they are only saying they are willing to offer concessions to Barzani. It doesn’t say he agreed or that they have a deal.

This is an SLC spokesperson who is “revealing” information… great. Obviously, this news – whether true or not, would help Maliki. If true, it would not be good for Sadr, who would be the the odd man out, and probably push him to an “opposition” role in Parliament. Even if it’s not true – it sows some discord and puts pressure on the deals currently in place and whatever negotiations are coming between Sadr, Abadi, Ameri, Barzani and Hakim. In fact, the big winner from this round appears to be Abaidi. Right about the time this came out – within the next day or so, Sadr dropped his single requirement of Abadi for his support as the next PM.

Further, Chihod is not a reliable source. He’s a wind-bag from way back. He says this visit was natural between winning parties to exchange views on the formation of a strong government (Maliki lingo and a minor cheap shot at Abadi – more later) AWAY from concessions or political deals (I guess he’s referring to the two alliances already in place?). I hate to break it to him… there are 3 other “more winning” parties ahead of anyone in this meeting.

In the very next paragraph he’s then pointing out that they, too, are willing to make concessions, but for the “homeland” and that these meetings were held in public. The only thing he’s doing is making themselves look worse and worse. Both Maliki and Barzani were the ones caught in hinky, back door, oil smuggling schemes making themselves rich on stolen oil, in exchange for allowing the Kurds and Peshmerga to expand at will and no resistance to Maliki’s agendas.

This article also lays out the Barzani side of the conversation, saying any alliance they wind up in with Baghdad will be based on 3 conditions…

1) They need to make (or have) “historic relations”

2) Implement the Constitution with logic and rationality

3) and abide by the principles of partnership.

Nowhere does it say Barzani and Maliki are in another deal. In fact, I kind of wonder if the Kurds are even willing to go this way again.

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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

Whining and complaining isn’t going to change things one iota. Try focusing on the positive. I can tell you when I started following this way back, we would go months sometimes before we saw anything positive. Lately we’ve seen more positive movement forward than ever before. There are days when all the researchers here at Dinar Updates can barely keep up. I’m sorry for those of you who may of bought into this thinking it was a guaranteed ticket to overnight riches. That’s not how investments work. What we try to do here, and I think I can speak for most, is to portray the big picture. It’s not always what some want to hear but… reality is what it is.

Charles B.

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US, Russia, Britain will protect oil companies in Iraq

Observers said that the United States, Russia and Britain will launch a military operation to protect the oil companies operating in Iraq amid ongoing protests witnessed in a number of provinces.

They pointed out that the three countries would intervene militarily if their oil companies or their employees were targeted by Iran Militia in Iraq and Syria (IMIS) terrorists.

The observers stressed that the Iranian plan regarding the isolation of Basra and targeting oil companies there has become well known.

On July 8, protests erupted in Basra against shortage of jobs, electricity, water and basic services.

Observers said that Iran seeks to target British, American and Russian companies in southern Iraq, noting that the three countries will intervene to protect their companies that are being currently targeted by the Iranian Revolutionary Guard Corps (IRGC).

They added that protesting in front of oil companies and blocking access to them proves that Iran is determined to spread chaos in Basra, Maysan, Dhi Qar, Najaf and other Iraqi provinces.

The observers said that Iran felt that Ahwaz would hold mass demonstrations this summer, so it turned the attention into Basra.

They added that IRGC’s existence on the Kuwaiti border aims to threaten the security of the Gulf and its oil fields, stressing that mullah’s regime is trying to implement a plan that aim to withdraw about 15 million barrels of oil from the markets and stop oil exports.

Observers who spoke to The Baghdad Post said that Iran stands behind the protests witnessed in southern Iraq.

They said that Iran is not only responsible for cutting electricity and water in the south, but it also inciting Basra’s residents against oil companies operating there because they are not recruiting them.

The observers pointed out that Iranian President Hassan Rouhani threats that process of preventing oil companies in the Gulf from working and exporting their oil would start from southern Iraq prove that Iran is standing behind the crisis.

They called on the government of Haider al-Abadi to respond quickly to the demands of the people of Basra in order to not give Iran the chance to use the situation to destroy Iraq.

Analysts stressed that Iran is playing a “dirty game” as the mullah’s regime has promised to spread chaos in the region to disrupt oil sales in the Gulf.

Observers called on Haider al-Abadi’s government to protect Iraq from the international intervention to protect foreign oil companies, as well as thwarting Iran’s plan that seeks to spread chaos in the region.

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

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

Article Credit: Baghdadtoday.news

BGG ~ This is one of the main articles over the last few days that I really wanted to get into… just sooooo much here. This one was out of a BARRAGE of news pieces over the last couple of weeks seeming to favor Maliki.

Everyone so upset over anything positive for Maliki, they didn’t stop to read it!!

First, nowhere in here does it say that they actually had, have or will have a deal. Also – this strong budding U.S. support for the Kurds doesn’t bode well for any alliance with deep ties to Iran. Which would be the cornerstone of an Ameri, Abadi, Maliki and Barzani alliance. Way too much Iran there for the U.S. to put up with. The Kurds need us more than anything in the long run.

Ultimately – they are only saying they are willing to offer concessions to Barzani. It doesn’t say he agreed or that they have a deal.

This is an SLC spokesperson who is “revealing” information… great. Obviously, this news – whether true or not, would help Maliki. If true, it would not be good for Sadr, who would be the the odd man out, and probably push him to an “opposition” role in Parliament. Even if it’s not true – it sows some discord and puts pressure on the deals currently in place and whatever negotiations are coming between Sadr, Abadi, Ameri, Barzani and Hakim. In fact, the big winner from this round appears to be Abaidi. Right about the time this came out – within the next day or so, Sadr dropped his single requirement of Abadi for his support as the next PM.

Further, Chihod is not a reliable source. He’s a wind-bag from way back. He says this visit was natural between winning parties to exchange views on the formation of a strong government (Maliki lingo and a minor cheap shot at Abadi – more later) AWAY from concessions or political deals (I guess he’s referring to the two alliances already in place?). I hate to break it to him… there are 3 other “more winning” parties ahead of anyone in this meeting.

In the very next paragraph he’s then pointing out that they, too, are willing to make concessions, but for the “homeland” and that these meetings were held in public. The only thing he’s doing is making themselves look worse and worse. Both Maliki and Barzani were the ones caught in hinky, back door, oil smuggling schemes making themselves rich on stolen oil, in exchange for allowing the Kurds and Peshmerga to expand at will and no resistance to Maliki’s agendas.

This article also lays out the Barzani side of the conversation, saying any alliance they wind up in with Baghdad will be based on 3 conditions…

1) They need to make (or have) “historic relations”

2) Implement the Constitution with logic and rationality

3) and abide by the principles of partnership.

Nowhere does it say Barzani and Maliki are in another deal. In fact, I kind of wonder if the Kurds are even willing to go this way again.

______________________________________________________________

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Breitling (Dinar Guru) –  The price of oil when from 74 to 70 today.  I might have changed.  No one needs to revalue today.  But they are going to have to.  And that’s the language that they’re using.  So very remarkable.  Some very interesting stuff…90% of what Iraq makes is from oil.  It’s coming down.  It’s going to revalue.  The market will change…Iraq is going to have to add value to their currency.  Remember it’s artificially low.  They want open access to their currency.  That’s their goal.  That’s what they want to do.  And they’ll get there.

Read more: http://www.dinarupdates.com/observer/
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Nouri al – Maliki .. His presence is a disgrace to Iraq and his role is suspicious and criminal

Maliki is using the scene threatened by civil war if not a key part in the formation of the next government

Iraq news – Maliki is exploiting the burning scene in southern Iraq to implement his threat to ignite the civil war if not major part of the formation of the next government.

We will give you the details in turn…

Article Credit: Thebaghdadpost.com

______________________________________________________________

Why sell Dinar?

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

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

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

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

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

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

Our Sell price for today: $950 per million

www.TheDinarExchange.com

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

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

“Hi Tom,

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

Stephen O
______________________________________________________________

Mnt Goat (Dinar Guru) –   The news now is all about the re-counting of the ballot results from the May 12th elections. ...Yes, yet another intentional act to delay the progress of the country. Why are they doing this?Many of these gurus will tell you it is orchestrated by Nori al-Maliki and his gang to stall for time, hoping to delay the results long enough so he can put together his own majority coalition. I agree with this notion but be assured it is not going to work for him and is now only backfiring on him, as the citizens will surely find out who orchestrated this fiasco in the future and who stalled the formation of the govt. This will happen when the re-counting results show no significant changes. …So this is a very dangerous tightrope Maliki is now walking but I think he has been out maneuvered and is losing his leverage by Sadr.

Read more: http://www.dinarupdates.com/observer/
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Sadr abandons his only condition to support Abadi’s candidacy for PM

Sadrists say they will nominate next prime minister of Iraq

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

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

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

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

Article Credit: Thebaghdadpost.com (Special Thanks to Charles Bright)
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Mnt Goat (Dinar Guru) –   …Remember that we know that everything from the CBI standpoint if already completed and all they need is a “suitable environment” to continue with the “project to delete the zeros”.  They told us there was FRAUD and MANIPULATION that prevented the project from moving forward. We know this is in dealing with the currency auctions and involved almost 1/3 of the parliament members and their banking and money laundering schemes.  So it seems logical that if we want to know where the CBI now stands on the RV, why not look at what is going on to rectify these issues. …Many of these culprits will lose their immunity and thus can be served their arrest warrant on charges of corruption, but only after the election.

Read more: http://www.dinarupdates.com/observer/
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Adam Montana (Dinar Guru) –   [What do you think is holding up the HCL?]  HCL at this time – it’s completely political. Everything I discussed…is directly related to the delay on the HCL, and that’s coming to an end quickly.  I’m excited to see this chapter conclude and see some HCL news in the coming weeks. Can’t be far off now!

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

Some interesting headlines…

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

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

Rafidain Bank and KI partnership to provide global services soon

______________________________________________________________

Will Trump implement his own policy toward Kurds?

WASHINGTON DC, United States (Kurdistan24) – “The Kurds are great people. They’re incredible fighters,” President Donald Trump said on Thursday, following the NATO summit in Brussels.

“They’re wonderful, warm, intelligent — allies, in many cases,” he continued, replying to a question from Kurdistan 24’s Barzan Hassan.

“I believe they’re great people,” Trump affirmed.

Kurds and their friends were delighted at the President’s words, which brought back memory of Trump on the campaign trail when he also spoke warmly of the Kurds.

“We should be arming the Kurdish [troops.] They’ve proven to be the best fighters. They’ve proven to be the most loyal to us,” he said.

“They have great heart. We should be working with them much more than we are,” Trump said in Nashville.

After Trump won, Kurds looked forward to his presidency. “Trump Fish” restaurant opened in Dohuk, because, as the owner told Kurdistan 24, “[Trump] has expressed support for the Peshmerga forces in the presidential election campaign.”

Trump’s first (and short-lived) National Security Adviser, Michael Flynn, was sympathetic to the Kurds. So, too, was the man who replaced him, H.R. McMaster, who worked with the Peshmerga during Operation Iraqi Freedom (OIF.)

So when the US did virtually nothing to stop the Iraqi assault on Kirkuk in October 2017, Kurdish anger at US inaction was accompanied by a deeply-felt sense of betrayal.

What went wrong?

The Trump administration, like its predecessor, saw Iraq, including the Kurds, in terms of the war to defeat the Islamic State (IS.) It did not think much about what would follow. It assumed the past was the future. So Iraq was not a high priority—say, on the level of North Korea or Iran.

The question of the future of Iraq was left to the bureaucracies, which are, typically, creatures of habit. They continued with their Obama-era thinking. That included accommodating Iran’s growing influence in Iraq, not recognizing it as a problem, even not acknowledging basic facts—like the clear evidence of the central role played by Iran and its proxy forces among Iraq’s Shia militias in the assault on Kirkuk.

As Trump’s tough new stance against Iran emerged, they failed to address the contradiction between confronting Iran pretty much everywhere on the planet but accommodating it in Iraq.

Michael Pregent, a Fellow at the Hudson Institute, who advised Gen. David Petraeus and Gen. Raymond Odierno during OIF, suggested that Trump was not thinking strategically about “the significance of Kurdistan.”

Trump “limits his praise to the bravery of the Peshmerga,” as they fought IS, Pregent said, but “what he needs to understand is that the way to keep [IS] from coming back and the way to curb Iranian influence” is to recognize the Kurdistan Region “as an American ally and an American investment.”

The Kurds are an American ally because the US can work with them to restrain Iran while preventing IS’ re-emergence, and the Kurdistan Region can be an American investment because it is a success story.

“It is literally the only thing we have left in Iraq that is a shining example of what we were able to do there,” Pregent said. However, the bureaucracies are not presenting these issues to the president from this strategic perspective, and so it is not recognized.

The formulation of Iraq policy fell to the State Department, where Secretary Tillerson was a remote and disengaged figure, focused on priority issues, like North Korea, and on reorganizing the State Department, a prolonged process, which left important positions unfilled.

Into that vacuum stepped Brett McGurk, a lawyer, with limited knowledge and experience of the Middle East. McGurk, whom Barack Obama had made Special Presidential Envoy to the coalition to defeat IS in November 2015, after Gen. John Allen stepped down from that position.

Originally, Trump intended to replace McGurk with Lt. Gen. H.R. McMaster, whose stature and experience was comparable to Allen’s. But when Michael Flynn was obliged to resign as National Security Adviser, McMaster was tapped to replace Flynn, and McGurk kept his position.

In the absence of an Assistant Secretary of State for Near East Affairs, McGurk assumed the role of US arbiter of Iraq’s future. Three major setbacks followed.

The first was the Iranian-orchestrated assault on Kirkuk. McGurk did not inform the White House of Tehran’s role, perhaps, because he, himself, was unaware of it.

The second was the re-emergence of IS in Kirkuk and other disputed territories.

The third was Iraq’s May 12 elections. America’s man in Iraq—Haider al-Abadi—finished third, behind the mercurial Shia cleric, Muqtada al-Sadr, and Hadi al-Amiri, head of the Popular Mobilization Forces, the most powerful of which, including his own, are backed by Iran.

How is Washington dealing with this? The US-led military coalition has responded to the deteriorating security situation by increasing coordination with the Peshmerga; emphasizing its continuing support for the Kurdish forces; and promoting talks to restore security coordination between the Kurdistan Region and Iraq.

In addition, senior US officials now publicly acknowledge that Iran’s influence in Iraq is a real problem. Secretary of State Mike Pompeo regularly speaks of the challenge posed by the Iranian-backed Shia militias.

Most dramatically, perhaps, the State Department recently revealed that Iran is running terrorist training camps in Iraq. It identified the Bahraini Al-Ashtar Brigades as one group receiving such training, but it would be little surprise if there were not more.

Of course, this does not explain how the US will address the challenge of Iran’s malign role in Iraq, but acknowledging the problem is, at least, a start.

And it raises the question: given that this is the nature of the Iraqi government, why insist that the people whom Trump describes—“great people” and “incredible fighters” and “most loyal to us”—must remain subject to this modern-day Babylonian yoke?

Article Credit: Kurdistan24.net

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Spokesperson: Coalition between Maliki, Sadr ‘unlikely’

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

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

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

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

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

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

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

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

Whining and complaining isn’t going to change things one iota. Try focusing on the positive. I can tell you when I started following this way back, we would go months sometimes before we saw anything positive. Lately we’ve seen more positive movement forward than ever before. There are days when all the researchers here at Dinar Updates can barely keep up. I’m sorry for those of you who may of bought into this thinking it was a guaranteed ticket to overnight riches. That’s not how investments work. What we try to do here, and I think I can speak for most, is to portray the big picture. It’s not always what some want to hear but… reality is what it is.

Charles B.

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US, Russia, Britain will protect oil companies in Iraq

Observers said that the United States, Russia and Britain will launch a military operation to protect the oil companies operating in Iraq amid ongoing protests witnessed in a number of provinces.

They pointed out that the three countries would intervene militarily if their oil companies or their employees were targeted by Iran Militia in Iraq and Syria (IMIS) terrorists.

The observers stressed that the Iranian plan regarding the isolation of Basra and targeting oil companies there has become well known.

On July 8, protests erupted in Basra against shortage of jobs, electricity, water and basic services.

Observers said that Iran seeks to target British, American and Russian companies in southern Iraq, noting that the three countries will intervene to protect their companies that are being currently targeted by the Iranian Revolutionary Guard Corps (IRGC).

They added that protesting in front of oil companies and blocking access to them proves that Iran is determined to spread chaos in Basra, Maysan, Dhi Qar, Najaf and other Iraqi provinces.

The observers said that Iran felt that Ahwaz would hold mass demonstrations this summer, so it turned the attention into Basra.

They added that IRGC’s existence on the Kuwaiti border aims to threaten the security of the Gulf and its oil fields, stressing that mullah’s regime is trying to implement a plan that aim to withdraw about 15 million barrels of oil from the markets and stop oil exports.

Observers who spoke to The Baghdad Post said that Iran stands behind the protests witnessed in southern Iraq.

They said that Iran is not only responsible for cutting electricity and water in the south, but it also inciting Basra’s residents against oil companies operating there because they are not recruiting them.

The observers pointed out that Iranian President Hassan Rouhani threats that process of preventing oil companies in the Gulf from working and exporting their oil would start from southern Iraq prove that Iran is standing behind the crisis.

They called on the government of Haider al-Abadi to respond quickly to the demands of the people of Basra in order to not give Iran the chance to use the situation to destroy Iraq.

Analysts stressed that Iran is playing a “dirty game” as the mullah’s regime has promised to spread chaos in the region to disrupt oil sales in the Gulf.

Observers called on Haider al-Abadi’s government to protect Iraq from the international intervention to protect foreign oil companies, as well as thwarting Iran’s plan that seeks to spread chaos in the region.

Article Credit: Thebaghdadpost.com (Special Thanks to Charles Bright)
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The state of law reveals the fact that it presented “concessions to Barzani” to collect a third term for the owners

Article Credit: Baghdadtoday.news

BGG ~ This is one of the main articles over the last few days that I really wanted to get into… just sooooo much here. This one was out of a BARRAGE of news pieces over the last couple of weeks seeming to favor Maliki.

Everyone so upset over anything positive for Maliki, they didn’t stop to read it!!

First, nowhere in here does it say that they actually had, have or will have a deal. Also – this strong budding U.S. support for the Kurds doesn’t bode well for any alliance with deep ties to Iran. Which would be the cornerstone of an Ameri, Abadi, Maliki and Barzani alliance. Way too much Iran there for the U.S. to put up with. The Kurds need us more than anything in the long run.

Ultimately – they are only saying they are willing to offer concessions to Barzani. It doesn’t say he agreed or that they have a deal.

This is an SLC spokesperson who is “revealing” information… great. Obviously, this news – whether true or not, would help Maliki. If true, it would not be good for Sadr, who would be the the odd man out, and probably push him to an “opposition” role in Parliament. Even if it’s not true – it sows some discord and puts pressure on the deals currently in place and whatever negotiations are coming between Sadr, Abadi, Ameri, Barzani and Hakim. In fact, the big winner from this round appears to be Abaidi. Right about the time this came out – within the next day or so, Sadr dropped his single requirement of Abadi for his support as the next PM.

Further, Chihod is not a reliable source. He’s a wind-bag from way back. He says this visit was natural between winning parties to exchange views on the formation of a strong government (Maliki lingo and a minor cheap shot at Abadi – more later) AWAY from concessions or political deals (I guess he’s referring to the two alliances already in place?). I hate to break it to him… there are 3 other “more winning” parties ahead of anyone in this meeting.

In the very next paragraph he’s then pointing out that they, too, are willing to make concessions, but for the “homeland” and that these meetings were held in public. The only thing he’s doing is making themselves look worse and worse. Both Maliki and Barzani were the ones caught in hinky, back door, oil smuggling schemes making themselves rich on stolen oil, in exchange for allowing the Kurds and Peshmerga to expand at will and no resistance to Maliki’s agendas.

This article also lays out the Barzani side of the conversation, saying any alliance they wind up in with Baghdad will be based on 3 conditions…

1) They need to make (or have) “historic relations”

2) Implement the Constitution with logic and rationality

3) and abide by the principles of partnership.

Nowhere does it say Barzani and Maliki are in another deal. In fact, I kind of wonder if the Kurds are even willing to go this way again.

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Breitling (Dinar Guru) –  The price of oil when from 74 to 70 today.  I might have changed.  No one needs to revalue today.  But they are going to have to.  And that’s the language that they’re using.  So very remarkable.  Some very interesting stuff…90% of what Iraq makes is from oil.  It’s coming down.  It’s going to revalue.  The market will change…Iraq is going to have to add value to their currency.  Remember it’s artificially low.  They want open access to their currency.  That’s their goal.  That’s what they want to do.  And they’ll get there.

Read more: http://www.dinarupdates.com/observer/
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Nouri al – Maliki .. His presence is a disgrace to Iraq and his role is suspicious and criminal

Maliki is using the scene threatened by civil war if not a key part in the formation of the next government

Iraq news – Maliki is exploiting the burning scene in southern Iraq to implement his threat to ignite the civil war if not major part of the formation of the next government.

We will give you the details in turn…

Article Credit: Thebaghdadpost.com

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Why sell Dinar?

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

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

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

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

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

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

Our Sell price for today: $950 per million

www.TheDinarExchange.com

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

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

“Hi Tom,

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

Stephen O
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Mnt Goat (Dinar Guru) –   The news now is all about the re-counting of the ballot results from the May 12th elections. ...Yes, yet another intentional act to delay the progress of the country. Why are they doing this?Many of these gurus will tell you it is orchestrated by Nori al-Maliki and his gang to stall for time, hoping to delay the results long enough so he can put together his own majority coalition. I agree with this notion but be assured it is not going to work for him and is now only backfiring on him, as the citizens will surely find out who orchestrated this fiasco in the future and who stalled the formation of the govt. This will happen when the re-counting results show no significant changes. …So this is a very dangerous tightrope Maliki is now walking but I think he has been out maneuvered and is losing his leverage by Sadr.

Read more: http://www.dinarupdates.com/observer/
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Sadr abandons his only condition to support Abadi’s candidacy for PM

Sadrists say they will nominate next prime minister of Iraq

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

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

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

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

Article Credit: Thebaghdadpost.com (Special Thanks to Charles Bright)
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Mnt Goat (Dinar Guru) –   …Remember that we know that everything from the CBI standpoint if already completed and all they need is a “suitable environment” to continue with the “project to delete the zeros”.  They told us there was FRAUD and MANIPULATION that prevented the project from moving forward. We know this is in dealing with the currency auctions and involved almost 1/3 of the parliament members and their banking and money laundering schemes.  So it seems logical that if we want to know where the CBI now stands on the RV, why not look at what is going on to rectify these issues. …Many of these culprits will lose their immunity and thus can be served their arrest warrant on charges of corruption, but only after the election.

Read more: http://www.dinarupdates.com/observer/
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Adam Montana (Dinar Guru) –   [What do you think is holding up the HCL?]  HCL at this time – it’s completely political. Everything I discussed…is directly related to the delay on the HCL, and that’s coming to an end quickly.  I’m excited to see this chapter conclude and see some HCL news in the coming weeks. Can’t be far off now!

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

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

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

Rafidain Bank and KI partnership to provide global services soon

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Will Trump implement his own policy toward Kurds?

WASHINGTON DC, United States (Kurdistan24) – “The Kurds are great people. They’re incredible fighters,” President Donald Trump said on Thursday, following the NATO summit in Brussels.

“They’re wonderful, warm, intelligent — allies, in many cases,” he continued, replying to a question from Kurdistan 24’s Barzan Hassan.

“I believe they’re great people,” Trump affirmed.

Kurds and their friends were delighted at the President’s words, which brought back memory of Trump on the campaign trail when he also spoke warmly of the Kurds.

“We should be arming the Kurdish [troops.] They’ve proven to be the best fighters. They’ve proven to be the most loyal to us,” he said.

“They have great heart. We should be working with them much more than we are,” Trump said in Nashville.

After Trump won, Kurds looked forward to his presidency. “Trump Fish” restaurant opened in Dohuk, because, as the owner told Kurdistan 24, “[Trump] has expressed support for the Peshmerga forces in the presidential election campaign.”

Trump’s first (and short-lived) National Security Adviser, Michael Flynn, was sympathetic to the Kurds. So, too, was the man who replaced him, H.R. McMaster, who worked with the Peshmerga during Operation Iraqi Freedom (OIF.)

So when the US did virtually nothing to stop the Iraqi assault on Kirkuk in October 2017, Kurdish anger at US inaction was accompanied by a deeply-felt sense of betrayal.

What went wrong?

The Trump administration, like its predecessor, saw Iraq, including the Kurds, in terms of the war to defeat the Islamic State (IS.) It did not think much about what would follow. It assumed the past was the future. So Iraq was not a high priority—say, on the level of North Korea or Iran.

The question of the future of Iraq was left to the bureaucracies, which are, typically, creatures of habit. They continued with their Obama-era thinking. That included accommodating Iran’s growing influence in Iraq, not recognizing it as a problem, even not acknowledging basic facts—like the clear evidence of the central role played by Iran and its proxy forces among Iraq’s Shia militias in the assault on Kirkuk.

As Trump’s tough new stance against Iran emerged, they failed to address the contradiction between confronting Iran pretty much everywhere on the planet but accommodating it in Iraq.

Michael Pregent, a Fellow at the Hudson Institute, who advised Gen. David Petraeus and Gen. Raymond Odierno during OIF, suggested that Trump was not thinking strategically about “the significance of Kurdistan.”

Trump “limits his praise to the bravery of the Peshmerga,” as they fought IS, Pregent said, but “what he needs to understand is that the way to keep [IS] from coming back and the way to curb Iranian influence” is to recognize the Kurdistan Region “as an American ally and an American investment.”

The Kurds are an American ally because the US can work with them to restrain Iran while preventing IS’ re-emergence, and the Kurdistan Region can be an American investment because it is a success story.

“It is literally the only thing we have left in Iraq that is a shining example of what we were able to do there,” Pregent said. However, the bureaucracies are not presenting these issues to the president from this strategic perspective, and so it is not recognized.

The formulation of Iraq policy fell to the State Department, where Secretary Tillerson was a remote and disengaged figure, focused on priority issues, like North Korea, and on reorganizing the State Department, a prolonged process, which left important positions unfilled.

Into that vacuum stepped Brett McGurk, a lawyer, with limited knowledge and experience of the Middle East. McGurk, whom Barack Obama had made Special Presidential Envoy to the coalition to defeat IS in November 2015, after Gen. John Allen stepped down from that position.

Originally, Trump intended to replace McGurk with Lt. Gen. H.R. McMaster, whose stature and experience was comparable to Allen’s. But when Michael Flynn was obliged to resign as National Security Adviser, McMaster was tapped to replace Flynn, and McGurk kept his position.

In the absence of an Assistant Secretary of State for Near East Affairs, McGurk assumed the role of US arbiter of Iraq’s future. Three major setbacks followed.

The first was the Iranian-orchestrated assault on Kirkuk. McGurk did not inform the White House of Tehran’s role, perhaps, because he, himself, was unaware of it.

The second was the re-emergence of IS in Kirkuk and other disputed territories.

The third was Iraq’s May 12 elections. America’s man in Iraq—Haider al-Abadi—finished third, behind the mercurial Shia cleric, Muqtada al-Sadr, and Hadi al-Amiri, head of the Popular Mobilization Forces, the most powerful of which, including his own, are backed by Iran.

How is Washington dealing with this? The US-led military coalition has responded to the deteriorating security situation by increasing coordination with the Peshmerga; emphasizing its continuing support for the Kurdish forces; and promoting talks to restore security coordination between the Kurdistan Region and Iraq.

In addition, senior US officials now publicly acknowledge that Iran’s influence in Iraq is a real problem. Secretary of State Mike Pompeo regularly speaks of the challenge posed by the Iranian-backed Shia militias.

Most dramatically, perhaps, the State Department recently revealed that Iran is running terrorist training camps in Iraq. It identified the Bahraini Al-Ashtar Brigades as one group receiving such training, but it would be little surprise if there were not more.

Of course, this does not explain how the US will address the challenge of Iran’s malign role in Iraq, but acknowledging the problem is, at least, a start.

And it raises the question: given that this is the nature of the Iraqi government, why insist that the people whom Trump describes—“great people” and “incredible fighters” and “most loyal to us”—must remain subject to this modern-day Babylonian yoke?

Article Credit: Kurdistan24.net

______________________________________________________________

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

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Spokesperson: Coalition between Maliki, Sadr ‘unlikely’

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

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

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

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

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

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

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

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

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

US, Russia, Britain will protect oil companies in Iraq

Observers said that the United States, Russia and Britain will launch a military operation to protect the oil companies operating in Iraq amid ongoing protests witnessed in a number of provinces.

They pointed out that the three countries would intervene militarily if their oil companies or their employees were targeted by Iran Militia in Iraq and Syria (IMIS) terrorists.

The observers stressed that the Iranian plan regarding the isolation of Basra and targeting oil companies there has become well known.

On July 8, protests erupted in Basra against shortage of jobs, electricity, water and basic services.

Observers said that Iran seeks to target British, American and Russian companies in southern Iraq, noting that the three countries will intervene to protect their companies that are being currently targeted by the Iranian Revolutionary Guard Corps (IRGC).

They added that protesting in front of oil companies and blocking access to them proves that Iran is determined to spread chaos in Basra, Maysan, Dhi Qar, Najaf and other Iraqi provinces.

The observers said that Iran felt that Ahwaz would hold mass demonstrations this summer, so it turned the attention into Basra.

They added that IRGC’s existence on the Kuwaiti border aims to threaten the security of the Gulf and its oil fields, stressing that mullah’s regime is trying to implement a plan that aim to withdraw about 15 million barrels of oil from the markets and stop oil exports.

Observers who spoke to The Baghdad Post said that Iran stands behind the protests witnessed in southern Iraq.

They said that Iran is not only responsible for cutting electricity and water in the south, but it also inciting Basra’s residents against oil companies operating there because they are not recruiting them.

The observers pointed out that Iranian President Hassan Rouhani threats that process of preventing oil companies in the Gulf from working and exporting their oil would start from southern Iraq prove that Iran is standing behind the crisis.

They called on the government of Haider al-Abadi to respond quickly to the demands of the people of Basra in order to not give Iran the chance to use the situation to destroy Iraq.

Analysts stressed that Iran is playing a “dirty game” as the mullah’s regime has promised to spread chaos in the region to disrupt oil sales in the Gulf.

Observers called on Haider al-Abadi’s government to protect Iraq from the international intervention to protect foreign oil companies, as well as thwarting Iran’s plan that seeks to spread chaos in the region.

Article Credit: Thebaghdadpost.com (Special Thanks to Charles Bright)
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Ending manual counting in Erbil

Khandan – The hand counting and counting of the ballot boxes that have appeals and complaints in Erbil has been completed. The hand counting and counting of 100 boxes has been completed and 56 boxes have been transferred to Baghdad.

The correspondent of “Khandan”, that the appeals were submitted in advance on 219 ballot boxes in Arbil, and yesterday the counting and manual counting of 97 boxes, and today was completed counting and manual counting of 33 boxes.

The process of counting and sorting the manual partial began in Arbil on Thursday, while the operation boycotted four Kurdish parties, the Alliance of Democracy and Justice and the Movement for Change and the Islamic Union of Kurdistan, and the Islamic Group.

These parties have already boycotted the process of manual counting and sorting in Sulaymaniyah, demanding the total manual counting and sorting.

Article Credit: xendan.org

BGG ~ All credible reports on the recount result until now, have indicated very little or no deviation – and no fraud or vote tampering. Which leaves us wondering what all the squabble was about? Who was making all the noise? Why? Why the attempts to burn ballots and impede the count? All very interesting questions…

1) Abadi plainly said there wouldn’t be any major change in election results – he was right. There appears to be no big change in the vote count. The process couldn’t be more vetted. The UN is overseeing it for Heaven’s SAKES!! Stop and think for a minute – if Abadi were in on some major fraud, don’t you think he would have placed higher than 3rd? Probably. Sadr and Ameri CLEARLY aren’t the two guys he would pick to have to make nice with at this stage either. As a result, it doesn’t look like he’s “in on anything” regarding the electoral process. In fact, if you follow Abadi – he is a very conservative player. He usually has a very stable approach and plays it right down the middle. This appears to be no exception.

2) The short answer on all the squabble and who was making noise? EASY – look at those who were in Parliament and those who don’t have immunity now. The former political ruling class. Those who are “now out in the cold”. Parliament had several emergency meetings right before the end of their term trying to cook something up that would save their hides… some law, some vote, something…

When this didn’t work, they tried cooking up their own “collusion” scandal – wide spread fraud, they called it. The counts are getting done quick and WAIT?!? It doesn’t look like fraud. It looks more like the people just got sick and tired of being taken advantage of and voted these characters out. Not exactly – but that’s what it looks like (watch for my commentary on this soon).

Parliament’s typical lack of ability to work together has often been some kind of cover for their intentional “slow-walking” of everything… it came back to bite them this time. When they really needed to get together to save their own @$$es – they just couldn’t do it. Ironic.

3) IMHO – and this is just my opinion… the attempts to burn the ballots boxes came out of the Maliki camp. Why? This is standard Maliki modus operandi. When things don’t go his way – he sets a fire and uses the ensuing scandal / confusion as cover while he works his program. In the past – he’s set fire to things to hide corruption. This time – it’s not to hide corruption. It’s political camouflage. It was about giving him some time, space and angry sentiment to work with.

In the couple of weeks following this incident, while they had to appoint judges, get some independent oversight in there (ie; the UNHRC) and then set about doing a recount, all of which gave Maliki time to cook up a media campaign. Over the last couple of weeks there have been NUMEROUS reports in his wrangled media outlets which were very, very favorable to Maliki. It gave him time to come up with a plan. I’ll break a couple of these “favorable” articles down today.

In the end, it was a big stall.

Similar to recognizing Abadi’s characteristic approach earlier… THIS HAS BEEN MALIKI’S M.O. IN THE PAST. He creates chaos and finds himself some room to work in the middle of all the mess.

The good news? It doesn’t look like it will be the sweeping victory he was hoping for. At this point, my guess is, Maliki’s very best outcome is he lands himself some minor role in the next GOI and avoids getting hung. Which is a guess only – and likely the very best possible outcome for him. I’m not saying the odds are good for this happening. I’m only saying – this would be a win for him. Political survival.

http://www.dinarupdates.com/showthread.php?57095-Ending-manual-counting-in-Erbil

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

Article Credit: Baghdadtoday.news

BGG ~ This is one of the main articles over the last few days that I really wanted to get into… just sooooo much here. This one was out of a BARRAGE of news pieces over the last couple of weeks seeming to favor Maliki.

Everyone so upset over anything positive for Maliki, they didn’t stop to read it!!

First, nowhere in here does it say that they actually had, have or will have a deal. Also – this strong budding U.S. support for the Kurds doesn’t bode well for any alliance with deep ties to Iran. Which would be the cornerstone of an Ameri, Abadi, Maliki and Barzani alliance. Way too much Iran there for the U.S. to put up with. The Kurds need us more than anything in the long run.

Ultimately – they are only saying they are willing to offer concessions to Barzani. It doesn’t say he agreed or that they have a deal.

This is an SLC spokesperson who is “revealing” information… great. Obviously, this news – whether true or not, would help Maliki. If true, it would not be good for Sadr, who would be the the odd man out, and probably push him to an “opposition” role in Parliament. Even if it’s not true – it sows some discord and puts pressure on the deals currently in place and whatever negotiations are coming between Sadr, Abadi, Ameri, Barzani and Hakim. In fact, the big winner from this round appears to be Abaidi. Right about the time this came out – within the next day or so, Sadr dropped his single requirement of Abadi for his support as the next PM.

Further, Chihod is not a reliable source. He’s a wind-bag from way back. He says this visit was natural between winning parties to exchange views on the formation of a strong government (Maliki lingo and a minor cheap shot at Abadi – more later) AWAY from concessions or political deals (I guess he’s referring to the two alliances already in place?). I hate to break it to him… there are 3 other “more winning” parties ahead of anyone in this meeting.

In the very next paragraph he’s then pointing out that they, too, are willing to make concessions, but for the “homeland” and that these meetings were held in public. The only thing he’s doing is making themselves look worse and worse. Both Maliki and Barzani were the ones caught in hinky, back door, oil smuggling schemes making themselves rich on stolen oil, in exchange for allowing the Kurds and Peshmerga to expand at will and no resistance to Maliki’s agendas.

This article also lays out the Barzani side of the conversation, saying any alliance they wind up in with Baghdad will be based on 3 conditions…

1) They need to make (or have) “historic relations”

2) Implement the Constitution with logic and rationality

3) and abide by the principles of partnership.

Nowhere does it say Barzani and Maliki are in another deal. In fact, I kind of wonder if the Kurds are even willing to go this way again.

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Breitling (Dinar Guru) –  The price of oil when from 74 to 70 today.  I might have changed.  No one needs to revalue today.  But they are going to have to.  And that’s the language that they’re using.  So very remarkable.  Some very interesting stuff…90% of what Iraq makes is from oil.  It’s coming down.  It’s going to revalue.  The market will change…Iraq is going to have to add value to their currency.  Remember it’s artificially low.  They want open access to their currency.  That’s their goal.  That’s what they want to do.  And they’ll get there.

Read more: http://www.dinarupdates.com/observer/
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Nouri al – Maliki .. His presence is a disgrace to Iraq and his role is suspicious and criminal

Maliki is using the scene threatened by civil war if not a key part in the formation of the next government

Iraq news – Maliki is exploiting the burning scene in southern Iraq to implement his threat to ignite the civil war if not major part of the formation of the next government.

We will give you the details in turn…

Article Credit: Thebaghdadpost.com

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Why sell Dinar?

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

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

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

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

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

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

Our Sell price for today: $950 per million

www.TheDinarExchange.com

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

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

“Hi Tom,

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

Stephen O
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Mnt Goat (Dinar Guru) –   The news now is all about the re-counting of the ballot results from the May 12th elections. ...Yes, yet another intentional act to delay the progress of the country. Why are they doing this?Many of these gurus will tell you it is orchestrated by Nori al-Maliki and his gang to stall for time, hoping to delay the results long enough so he can put together his own majority coalition. I agree with this notion but be assured it is not going to work for him and is now only backfiring on him, as the citizens will surely find out who orchestrated this fiasco in the future and who stalled the formation of the govt. This will happen when the re-counting results show no significant changes. …So this is a very dangerous tightrope Maliki is now walking but I think he has been out maneuvered and is losing his leverage by Sadr.

Read more: http://www.dinarupdates.com/observer/
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Sadr abandons his only condition to support Abadi’s candidacy for PM

Sadrists say they will nominate next prime minister of Iraq

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

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

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

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

Article Credit: Thebaghdadpost.com (Special Thanks to Charles Bright)
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Mnt Goat (Dinar Guru) –   …Remember that we know that everything from the CBI standpoint if already completed and all they need is a “suitable environment” to continue with the “project to delete the zeros”.  They told us there was FRAUD and MANIPULATION that prevented the project from moving forward. We know this is in dealing with the currency auctions and involved almost 1/3 of the parliament members and their banking and money laundering schemes.  So it seems logical that if we want to know where the CBI now stands on the RV, why not look at what is going on to rectify these issues. …Many of these culprits will lose their immunity and thus can be served their arrest warrant on charges of corruption, but only after the election.

Read more: http://www.dinarupdates.com/observer/
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Adam Montana (Dinar Guru) –   [What do you think is holding up the HCL?]  HCL at this time – it’s completely political. Everything I discussed…is directly related to the delay on the HCL, and that’s coming to an end quickly.  I’m excited to see this chapter conclude and see some HCL news in the coming weeks. Can’t be far off now!

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

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

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

Rafidain Bank and KI partnership to provide global services soon

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Will Trump implement his own policy toward Kurds?

WASHINGTON DC, United States (Kurdistan24) – “The Kurds are great people. They’re incredible fighters,” President Donald Trump said on Thursday, following the NATO summit in Brussels.

“They’re wonderful, warm, intelligent — allies, in many cases,” he continued, replying to a question from Kurdistan 24’s Barzan Hassan.

“I believe they’re great people,” Trump affirmed.

Kurds and their friends were delighted at the President’s words, which brought back memory of Trump on the campaign trail when he also spoke warmly of the Kurds.

“We should be arming the Kurdish [troops.] They’ve proven to be the best fighters. They’ve proven to be the most loyal to us,” he said.

“They have great heart. We should be working with them much more than we are,” Trump said in Nashville.

After Trump won, Kurds looked forward to his presidency. “Trump Fish” restaurant opened in Dohuk, because, as the owner told Kurdistan 24, “[Trump] has expressed support for the Peshmerga forces in the presidential election campaign.”

Trump’s first (and short-lived) National Security Adviser, Michael Flynn, was sympathetic to the Kurds. So, too, was the man who replaced him, H.R. McMaster, who worked with the Peshmerga during Operation Iraqi Freedom (OIF.)

So when the US did virtually nothing to stop the Iraqi assault on Kirkuk in October 2017, Kurdish anger at US inaction was accompanied by a deeply-felt sense of betrayal.

What went wrong?

The Trump administration, like its predecessor, saw Iraq, including the Kurds, in terms of the war to defeat the Islamic State (IS.) It did not think much about what would follow. It assumed the past was the future. So Iraq was not a high priority—say, on the level of North Korea or Iran.

The question of the future of Iraq was left to the bureaucracies, which are, typically, creatures of habit. They continued with their Obama-era thinking. That included accommodating Iran’s growing influence in Iraq, not recognizing it as a problem, even not acknowledging basic facts—like the clear evidence of the central role played by Iran and its proxy forces among Iraq’s Shia militias in the assault on Kirkuk.

As Trump’s tough new stance against Iran emerged, they failed to address the contradiction between confronting Iran pretty much everywhere on the planet but accommodating it in Iraq.

Michael Pregent, a Fellow at the Hudson Institute, who advised Gen. David Petraeus and Gen. Raymond Odierno during OIF, suggested that Trump was not thinking strategically about “the significance of Kurdistan.”

Trump “limits his praise to the bravery of the Peshmerga,” as they fought IS, Pregent said, but “what he needs to understand is that the way to keep [IS] from coming back and the way to curb Iranian influence” is to recognize the Kurdistan Region “as an American ally and an American investment.”

The Kurds are an American ally because the US can work with them to restrain Iran while preventing IS’ re-emergence, and the Kurdistan Region can be an American investment because it is a success story.

“It is literally the only thing we have left in Iraq that is a shining example of what we were able to do there,” Pregent said. However, the bureaucracies are not presenting these issues to the president from this strategic perspective, and so it is not recognized.

The formulation of Iraq policy fell to the State Department, where Secretary Tillerson was a remote and disengaged figure, focused on priority issues, like North Korea, and on reorganizing the State Department, a prolonged process, which left important positions unfilled.

Into that vacuum stepped Brett McGurk, a lawyer, with limited knowledge and experience of the Middle East. McGurk, whom Barack Obama had made Special Presidential Envoy to the coalition to defeat IS in November 2015, after Gen. John Allen stepped down from that position.

Originally, Trump intended to replace McGurk with Lt. Gen. H.R. McMaster, whose stature and experience was comparable to Allen’s. But when Michael Flynn was obliged to resign as National Security Adviser, McMaster was tapped to replace Flynn, and McGurk kept his position.

In the absence of an Assistant Secretary of State for Near East Affairs, McGurk assumed the role of US arbiter of Iraq’s future. Three major setbacks followed.

The first was the Iranian-orchestrated assault on Kirkuk. McGurk did not inform the White House of Tehran’s role, perhaps, because he, himself, was unaware of it.

The second was the re-emergence of IS in Kirkuk and other disputed territories.

The third was Iraq’s May 12 elections. America’s man in Iraq—Haider al-Abadi—finished third, behind the mercurial Shia cleric, Muqtada al-Sadr, and Hadi al-Amiri, head of the Popular Mobilization Forces, the most powerful of which, including his own, are backed by Iran.

How is Washington dealing with this? The US-led military coalition has responded to the deteriorating security situation by increasing coordination with the Peshmerga; emphasizing its continuing support for the Kurdish forces; and promoting talks to restore security coordination between the Kurdistan Region and Iraq.

In addition, senior US officials now publicly acknowledge that Iran’s influence in Iraq is a real problem. Secretary of State Mike Pompeo regularly speaks of the challenge posed by the Iranian-backed Shia militias.

Most dramatically, perhaps, the State Department recently revealed that Iran is running terrorist training camps in Iraq. It identified the Bahraini Al-Ashtar Brigades as one group receiving such training, but it would be little surprise if there were not more.

Of course, this does not explain how the US will address the challenge of Iran’s malign role in Iraq, but acknowledging the problem is, at least, a start.

And it raises the question: given that this is the nature of the Iraqi government, why insist that the people whom Trump describes—“great people” and “incredible fighters” and “most loyal to us”—must remain subject to this modern-day Babylonian yoke?

Article Credit: Kurdistan24.net

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

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

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

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Spokesperson: Coalition between Maliki, Sadr ‘unlikely’

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

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

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

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

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

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

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

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

US, Russia, Britain will protect oil companies in Iraq

Observers said that the United States, Russia and Britain will launch a military operation to protect the oil companies operating in Iraq amid ongoing protests witnessed in a number of provinces.

They pointed out that the three countries would intervene militarily if their oil companies or their employees were targeted by Iran Militia in Iraq and Syria (IMIS) terrorists.

The observers stressed that the Iranian plan regarding the isolation of Basra and targeting oil companies there has become well known.

On July 8, protests erupted in Basra against shortage of jobs, electricity, water and basic services.

Observers said that Iran seeks to target British, American and Russian companies in southern Iraq, noting that the three countries will intervene to protect their companies that are being currently targeted by the Iranian Revolutionary Guard Corps (IRGC).

They added that protesting in front of oil companies and blocking access to them proves that Iran is determined to spread chaos in Basra, Maysan, Dhi Qar, Najaf and other Iraqi provinces.

The observers said that Iran felt that Ahwaz would hold mass demonstrations this summer, so it turned the attention into Basra.

They added that IRGC’s existence on the Kuwaiti border aims to threaten the security of the Gulf and its oil fields, stressing that mullah’s regime is trying to implement a plan that aim to withdraw about 15 million barrels of oil from the markets and stop oil exports.

Observers who spoke to The Baghdad Post said that Iran stands behind the protests witnessed in southern Iraq.

They said that Iran is not only responsible for cutting electricity and water in the south, but it also inciting Basra’s residents against oil companies operating there because they are not recruiting them.

The observers pointed out that Iranian President Hassan Rouhani threats that process of preventing oil companies in the Gulf from working and exporting their oil would start from southern Iraq prove that Iran is standing behind the crisis.

They called on the government of Haider al-Abadi to respond quickly to the demands of the people of Basra in order to not give Iran the chance to use the situation to destroy Iraq.

Analysts stressed that Iran is playing a “dirty game” as the mullah’s regime has promised to spread chaos in the region to disrupt oil sales in the Gulf.

Observers called on Haider al-Abadi’s government to protect Iraq from the international intervention to protect foreign oil companies, as well as thwarting Iran’s plan that seeks to spread chaos in the region.

Article Credit: Thebaghdadpost.com (Special Thanks to Charles Bright)
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Ending manual counting in Erbil

Khandan – The hand counting and counting of the ballot boxes that have appeals and complaints in Erbil has been completed. The hand counting and counting of 100 boxes has been completed and 56 boxes have been transferred to Baghdad.

The correspondent of “Khandan”, that the appeals were submitted in advance on 219 ballot boxes in Arbil, and yesterday the counting and manual counting of 97 boxes, and today was completed counting and manual counting of 33 boxes.

The process of counting and sorting the manual partial began in Arbil on Thursday, while the operation boycotted four Kurdish parties, the Alliance of Democracy and Justice and the Movement for Change and the Islamic Union of Kurdistan, and the Islamic Group.

These parties have already boycotted the process of manual counting and sorting in Sulaymaniyah, demanding the total manual counting and sorting.

Article Credit: xendan.org

BGG ~ All credible reports on the recount result until now, have indicated very little or no deviation – and no fraud or vote tampering. Which leaves us wondering what all the squabble was about? Who was making all the noise? Why? Why the attempts to burn ballots and impede the count? All very interesting questions…

1) Abadi plainly said there wouldn’t be any major change in election results – he was right. There appears to be no big change in the vote count. The process couldn’t be more vetted. The UN is overseeing it for Heaven’s SAKES!! Stop and think for a minute – if Abadi were in on some major fraud, don’t you think he would have placed higher than 3rd? Probably. Sadr and Ameri CLEARLY aren’t the two guys he would pick to have to make nice with at this stage either. As a result, it doesn’t look like he’s “in on anything” regarding the electoral process. In fact, if you follow Abadi – he is a very conservative player. He usually has a very stable approach and plays it right down the middle. This appears to be no exception.

2) The short answer on all the squabble and who was making noise? EASY – look at those who were in Parliament and those who don’t have immunity now. The former political ruling class. Those who are “now out in the cold”. Parliament had several emergency meetings right before the end of their term trying to cook something up that would save their hides… some law, some vote, something…

When this didn’t work, they tried cooking up their own “collusion” scandal – wide spread fraud, they called it. The counts are getting done quick and WAIT?!? It doesn’t look like fraud. It looks more like the people just got sick and tired of being taken advantage of and voted these characters out. Not exactly – but that’s what it looks like (watch for my commentary on this soon).

Parliament’s typical lack of ability to work together has often been some kind of cover for their intentional “slow-walking” of everything… it came back to bite them this time. When they really needed to get together to save their own @$$es – they just couldn’t do it. Ironic.

3) IMHO – and this is just my opinion… the attempts to burn the ballots boxes came out of the Maliki camp. Why? This is standard Maliki modus operandi. When things don’t go his way – he sets a fire and uses the ensuing scandal / confusion as cover while he works his program. In the past – he’s set fire to things to hide corruption. This time – it’s not to hide corruption. It’s political camouflage. It was about giving him some time, space and angry sentiment to work with.

In the couple of weeks following this incident, while they had to appoint judges, get some independent oversight in there (ie; the UNHRC) and then set about doing a recount, all of which gave Maliki time to cook up a media campaign. Over the last couple of weeks there have been NUMEROUS reports in his wrangled media outlets which were very, very favorable to Maliki. It gave him time to come up with a plan. I’ll break a couple of these “favorable” articles down today.

In the end, it was a big stall.

Similar to recognizing Abadi’s characteristic approach earlier… THIS HAS BEEN MALIKI’S M.O. IN THE PAST. He creates chaos and finds himself some room to work in the middle of all the mess.

The good news? It doesn’t look like it will be the sweeping victory he was hoping for. At this point, my guess is, Maliki’s very best outcome is he lands himself some minor role in the next GOI and avoids getting hung. Which is a guess only – and likely the very best possible outcome for him. I’m not saying the odds are good for this happening. I’m only saying – this would be a win for him. Political survival.

http://www.dinarupdates.com/showthread.php?57095-Ending-manual-counting-in-Erbil

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

Article Credit: Baghdadtoday.news

BGG ~ This is one of the main articles over the last few days that I really wanted to get into… just sooooo much here. This one was out of a BARRAGE of news pieces over the last couple of weeks seeming to favor Maliki.

Everyone so upset over anything positive for Maliki, they didn’t stop to read it!!

First, nowhere in here does it say that they actually had, have or will have a deal. Also – this strong budding U.S. support for the Kurds doesn’t bode well for any alliance with deep ties to Iran. Which would be the cornerstone of an Ameri, Abadi, Maliki and Barzani alliance. Way too much Iran there for the U.S. to put up with. The Kurds need us more than anything in the long run.

Ultimately – they are only saying they are willing to offer concessions to Barzani. It doesn’t say he agreed or that they have a deal.

This is an SLC spokesperson who is “revealing” information… great. Obviously, this news – whether true or not, would help Maliki. If true, it would not be good for Sadr, who would be the the odd man out, and probably push him to an “opposition” role in Parliament. Even if it’s not true – it sows some discord and puts pressure on the deals currently in place and whatever negotiations are coming between Sadr, Abadi, Ameri, Barzani and Hakim. In fact, the big winner from this round appears to be Abaidi. Right about the time this came out – within the next day or so, Sadr dropped his single requirement of Abadi for his support as the next PM.

Further, Chihod is not a reliable source. He’s a wind-bag from way back. He says this visit was natural between winning parties to exchange views on the formation of a strong government (Maliki lingo and a minor cheap shot at Abadi – more later) AWAY from concessions or political deals (I guess he’s referring to the two alliances already in place?). I hate to break it to him… there are 3 other “more winning” parties ahead of anyone in this meeting.

In the very next paragraph he’s then pointing out that they, too, are willing to make concessions, but for the “homeland” and that these meetings were held in public. The only thing he’s doing is making themselves look worse and worse. Both Maliki and Barzani were the ones caught in hinky, back door, oil smuggling schemes making themselves rich on stolen oil, in exchange for allowing the Kurds and Peshmerga to expand at will and no resistance to Maliki’s agendas.

This article also lays out the Barzani side of the conversation, saying any alliance they wind up in with Baghdad will be based on 3 conditions…

1) They need to make (or have) “historic relations”

2) Implement the Constitution with logic and rationality

3) and abide by the principles of partnership.

Nowhere does it say Barzani and Maliki are in another deal. In fact, I kind of wonder if the Kurds are even willing to go this way again.

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Breitling (Dinar Guru) –  The price of oil when from 74 to 70 today.  I might have changed.  No one needs to revalue today.  But they are going to have to.  And that’s the language that they’re using.  So very remarkable.  Some very interesting stuff…90% of what Iraq makes is from oil.  It’s coming down.  It’s going to revalue.  The market will change…Iraq is going to have to add value to their currency.  Remember it’s artificially low.  They want open access to their currency.  That’s their goal.  That’s what they want to do.  And they’ll get there.

Read more: http://www.dinarupdates.com/observer/
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Nouri al – Maliki .. His presence is a disgrace to Iraq and his role is suspicious and criminal

Maliki is using the scene threatened by civil war if not a key part in the formation of the next government

Iraq news – Maliki is exploiting the burning scene in southern Iraq to implement his threat to ignite the civil war if not major part of the formation of the next government.

We will give you the details in turn…

Article Credit: Thebaghdadpost.com

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Why sell Dinar?

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

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

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

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

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

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

Our Sell price for today: $950 per million

www.TheDinarExchange.com

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

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

“Hi Tom,

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

Stephen O
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Mnt Goat (Dinar Guru) –   The news now is all about the re-counting of the ballot results from the May 12th elections. ...Yes, yet another intentional act to delay the progress of the country. Why are they doing this?Many of these gurus will tell you it is orchestrated by Nori al-Maliki and his gang to stall for time, hoping to delay the results long enough so he can put together his own majority coalition. I agree with this notion but be assured it is not going to work for him and is now only backfiring on him, as the citizens will surely find out who orchestrated this fiasco in the future and who stalled the formation of the govt. This will happen when the re-counting results show no significant changes. …So this is a very dangerous tightrope Maliki is now walking but I think he has been out maneuvered and is losing his leverage by Sadr.

Read more: http://www.dinarupdates.com/observer/
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Sadr abandons his only condition to support Abadi’s candidacy for PM

Sadrists say they will nominate next prime minister of Iraq

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

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

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

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

Article Credit: Thebaghdadpost.com (Special Thanks to Charles Bright)
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Mnt Goat (Dinar Guru) –   …Remember that we know that everything from the CBI standpoint if already completed and all they need is a “suitable environment” to continue with the “project to delete the zeros”.  They told us there was FRAUD and MANIPULATION that prevented the project from moving forward. We know this is in dealing with the currency auctions and involved almost 1/3 of the parliament members and their banking and money laundering schemes.  So it seems logical that if we want to know where the CBI now stands on the RV, why not look at what is going on to rectify these issues. …Many of these culprits will lose their immunity and thus can be served their arrest warrant on charges of corruption, but only after the election.

Read more: http://www.dinarupdates.com/observer/
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Adam Montana (Dinar Guru) –   [What do you think is holding up the HCL?]  HCL at this time – it’s completely political. Everything I discussed…is directly related to the delay on the HCL, and that’s coming to an end quickly.  I’m excited to see this chapter conclude and see some HCL news in the coming weeks. Can’t be far off now!

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

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

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

Rafidain Bank and KI partnership to provide global services soon

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Will Trump implement his own policy toward Kurds?

WASHINGTON DC, United States (Kurdistan24) – “The Kurds are great people. They’re incredible fighters,” President Donald Trump said on Thursday, following the NATO summit in Brussels.

“They’re wonderful, warm, intelligent — allies, in many cases,” he continued, replying to a question from Kurdistan 24’s Barzan Hassan.

“I believe they’re great people,” Trump affirmed.

Kurds and their friends were delighted at the President’s words, which brought back memory of Trump on the campaign trail when he also spoke warmly of the Kurds.

“We should be arming the Kurdish [troops.] They’ve proven to be the best fighters. They’ve proven to be the most loyal to us,” he said.

“They have great heart. We should be working with them much more than we are,” Trump said in Nashville.

After Trump won, Kurds looked forward to his presidency. “Trump Fish” restaurant opened in Dohuk, because, as the owner told Kurdistan 24, “[Trump] has expressed support for the Peshmerga forces in the presidential election campaign.”

Trump’s first (and short-lived) National Security Adviser, Michael Flynn, was sympathetic to the Kurds. So, too, was the man who replaced him, H.R. McMaster, who worked with the Peshmerga during Operation Iraqi Freedom (OIF.)

So when the US did virtually nothing to stop the Iraqi assault on Kirkuk in October 2017, Kurdish anger at US inaction was accompanied by a deeply-felt sense of betrayal.

What went wrong?

The Trump administration, like its predecessor, saw Iraq, including the Kurds, in terms of the war to defeat the Islamic State (IS.) It did not think much about what would follow. It assumed the past was the future. So Iraq was not a high priority—say, on the level of North Korea or Iran.

The question of the future of Iraq was left to the bureaucracies, which are, typically, creatures of habit. They continued with their Obama-era thinking. That included accommodating Iran’s growing influence in Iraq, not recognizing it as a problem, even not acknowledging basic facts—like the clear evidence of the central role played by Iran and its proxy forces among Iraq’s Shia militias in the assault on Kirkuk.

As Trump’s tough new stance against Iran emerged, they failed to address the contradiction between confronting Iran pretty much everywhere on the planet but accommodating it in Iraq.

Michael Pregent, a Fellow at the Hudson Institute, who advised Gen. David Petraeus and Gen. Raymond Odierno during OIF, suggested that Trump was not thinking strategically about “the significance of Kurdistan.”

Trump “limits his praise to the bravery of the Peshmerga,” as they fought IS, Pregent said, but “what he needs to understand is that the way to keep [IS] from coming back and the way to curb Iranian influence” is to recognize the Kurdistan Region “as an American ally and an American investment.”

The Kurds are an American ally because the US can work with them to restrain Iran while preventing IS’ re-emergence, and the Kurdistan Region can be an American investment because it is a success story.

“It is literally the only thing we have left in Iraq that is a shining example of what we were able to do there,” Pregent said. However, the bureaucracies are not presenting these issues to the president from this strategic perspective, and so it is not recognized.

The formulation of Iraq policy fell to the State Department, where Secretary Tillerson was a remote and disengaged figure, focused on priority issues, like North Korea, and on reorganizing the State Department, a prolonged process, which left important positions unfilled.

Into that vacuum stepped Brett McGurk, a lawyer, with limited knowledge and experience of the Middle East. McGurk, whom Barack Obama had made Special Presidential Envoy to the coalition to defeat IS in November 2015, after Gen. John Allen stepped down from that position.

Originally, Trump intended to replace McGurk with Lt. Gen. H.R. McMaster, whose stature and experience was comparable to Allen’s. But when Michael Flynn was obliged to resign as National Security Adviser, McMaster was tapped to replace Flynn, and McGurk kept his position.

In the absence of an Assistant Secretary of State for Near East Affairs, McGurk assumed the role of US arbiter of Iraq’s future. Three major setbacks followed.

The first was the Iranian-orchestrated assault on Kirkuk. McGurk did not inform the White House of Tehran’s role, perhaps, because he, himself, was unaware of it.

The second was the re-emergence of IS in Kirkuk and other disputed territories.

The third was Iraq’s May 12 elections. America’s man in Iraq—Haider al-Abadi—finished third, behind the mercurial Shia cleric, Muqtada al-Sadr, and Hadi al-Amiri, head of the Popular Mobilization Forces, the most powerful of which, including his own, are backed by Iran.

How is Washington dealing with this? The US-led military coalition has responded to the deteriorating security situation by increasing coordination with the Peshmerga; emphasizing its continuing support for the Kurdish forces; and promoting talks to restore security coordination between the Kurdistan Region and Iraq.

In addition, senior US officials now publicly acknowledge that Iran’s influence in Iraq is a real problem. Secretary of State Mike Pompeo regularly speaks of the challenge posed by the Iranian-backed Shia militias.

Most dramatically, perhaps, the State Department recently revealed that Iran is running terrorist training camps in Iraq. It identified the Bahraini Al-Ashtar Brigades as one group receiving such training, but it would be little surprise if there were not more.

Of course, this does not explain how the US will address the challenge of Iran’s malign role in Iraq, but acknowledging the problem is, at least, a start.

And it raises the question: given that this is the nature of the Iraqi government, why insist that the people whom Trump describes—“great people” and “incredible fighters” and “most loyal to us”—must remain subject to this modern-day Babylonian yoke?

Article Credit: Kurdistan24.net

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

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

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

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Spokesperson: Coalition between Maliki, Sadr ‘unlikely’

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

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

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

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

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

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

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

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

Ending manual counting in Erbil

Khandan – The hand counting and counting of the ballot boxes that have appeals and complaints in Erbil has been completed. The hand counting and counting of 100 boxes has been completed and 56 boxes have been transferred to Baghdad.

The correspondent of “Khandan”, that the appeals were submitted in advance on 219 ballot boxes in Arbil, and yesterday the counting and manual counting of 97 boxes, and today was completed counting and manual counting of 33 boxes.

The process of counting and sorting the manual partial began in Arbil on Thursday, while the operation boycotted four Kurdish parties, the Alliance of Democracy and Justice and the Movement for Change and the Islamic Union of Kurdistan, and the Islamic Group.

These parties have already boycotted the process of manual counting and sorting in Sulaymaniyah, demanding the total manual counting and sorting.

Article Credit: xendan.org

BGG ~ All credible reports on the recount result until now, have indicated very little or no deviation – and no fraud or vote tampering. Which leaves us wondering what all the squabble was about? Who was making all the noise? Why? Why the attempts to burn ballots and impede the count? All very interesting questions…

1) Abadi plainly said there wouldn’t be any major change in election results – he was right. There appears to be no big change in the vote count. The process couldn’t be more vetted. The UN is overseeing it for Heaven’s SAKES!! Stop and think for a minute – if Abadi were in on some major fraud, don’t you think he would have placed higher than 3rd? Probably. Sadr and Ameri CLEARLY aren’t the two guys he would pick to have to make nice with at this stage either. As a result, it doesn’t look like he’s “in on anything” regarding the electoral process. In fact, if you follow Abadi – he is a very conservative player. He usually has a very stable approach and plays it right down the middle. This appears to be no exception.

2) The short answer on all the squabble and who was making noise? EASY – look at those who were in Parliament and those who don’t have immunity now. The former political ruling class. Those who are “now out in the cold”. Parliament had several emergency meetings right before the end of their term trying to cook something up that would save their hides… some law, some vote, something…

When this didn’t work, they tried cooking up their own “collusion” scandal – wide spread fraud, they called it. The counts are getting done quick and WAIT?!? It doesn’t look like fraud. It looks more like the people just got sick and tired of being taken advantage of and voted these characters out. Not exactly – but that’s what it looks like (watch for my commentary on this soon).

Parliament’s typical lack of ability to work together has often been some kind of cover for their intentional “slow-walking” of everything… it came back to bite them this time. When they really needed to get together to save their own @$$es – they just couldn’t do it. Ironic.

3) IMHO – and this is just my opinion… the attempts to burn the ballots boxes came out of the Maliki camp. Why? This is standard Maliki modus operandi. When things don’t go his way – he sets a fire and uses the ensuing scandal / confusion as cover while he works his program. In the past – he’s set fire to things to hide corruption. This time – it’s not to hide corruption. It’s political camouflage. It was about giving him some time, space and angry sentiment to work with.

In the couple of weeks following this incident, while they had to appoint judges, get some independent oversight in there (ie; the UNHRC) and then set about doing a recount, all of which gave Maliki time to cook up a media campaign. Over the last couple of weeks there have been NUMEROUS reports in his wrangled media outlets which were very, very favorable to Maliki. It gave him time to come up with a plan. I’ll break a couple of these “favorable” articles down today.

In the end, it was a big stall.

Similar to recognizing Abadi’s characteristic approach earlier… THIS HAS BEEN MALIKI’S M.O. IN THE PAST. He creates chaos and finds himself some room to work in the middle of all the mess.

The good news? It doesn’t look like it will be the sweeping victory he was hoping for. At this point, my guess is, Maliki’s very best outcome is he lands himself some minor role in the next GOI and avoids getting hung. Which is a guess only – and likely the very best possible outcome for him. I’m not saying the odds are good for this happening. I’m only saying – this would be a win for him. Political survival.

http://www.dinarupdates.com/showthread.php?57095-Ending-manual-counting-in-Erbil

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Judges assigned to determine the date of manual counting and counting in Dahuk and this is the number of funds

Twilight News – A source in the Electoral Commission for elections on Friday that the process of counting and sorting manual will start in the province of Dohuk in the Kurdistan region on Sunday.

The source told Ashqaf News that after the completion of manual counting and sorting in Erbil today, the judges will be transferred to the province of Duhok for the purpose of counting and sorting stations that received complaints and appeals of 110 stations.

The source added that work will be started on Sunday 15/7/2018.

The judges assigned to the Electoral Commission had announced earlier in the day the success of the process of manual counting and sorting of the ballot boxes of Sulaymaniyah and Arbil.

The results of the manual counting and sorting process in Sulaymaniyah and Erbil, in line with the previous announced results in the Electoral Commission.

Article Credit: Shafaaq.com

BGG ~ In simple terms. The judges, observers and investigators have finished counting in Erbil and are moving on to Dahuk. They will begin the process there tomorrow (the 15th).

According the the recent SJC ruling – they aren’t going to manually recount all the votes – just those from districts or polling stations where allegations or disputes were recorded.

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

Article Credit: Baghdadtoday.news

BGG ~ This is one of the main articles over the last few days that I really wanted to get into… just sooooo much here. This one was out of a BARRAGE of news pieces over the last couple of weeks seeming to favor Maliki.

Everyone so upset over anything positive for Maliki, they didn’t stop to read it!!

First, nowhere in here does it say that they actually had, have or will have a deal. Also – this strong budding U.S. support for the Kurds doesn’t bode well for any alliance with deep ties to Iran. Which would be the cornerstone of an Ameri, Abadi, Maliki and Barzani alliance. Way too much Iran there for the U.S. to put up with. The Kurds need us more than anything in the long run.

Ultimately – they are only saying they are willing to offer concessions to Barzani. It doesn’t say he agreed or that they have a deal.

This is an SLC spokesperson who is “revealing” information… great. Obviously, this news – whether true or not, would help Maliki. If true, it would not be good for Sadr, who would be the the odd man out, and probably push him to an “opposition” role in Parliament. Even if it’s not true – it sows some discord and puts pressure on the deals currently in place and whatever negotiations are coming between Sadr, Abadi, Ameri, Barzani and Hakim. In fact, the big winner from this round appears to be Abaidi. Right about the time this came out – within the next day or so, Sadr dropped his single requirement of Abadi for his support as the next PM.

Further, Chihod is not a reliable source. He’s a wind-bag from way back. He says this visit was natural between winning parties to exchange views on the formation of a strong government (Maliki lingo and a minor cheap shot at Abadi – more later) AWAY from concessions or political deals (I guess he’s referring to the two alliances already in place?). I hate to break it to him… there are 3 other “more winning” parties ahead of anyone in this meeting.

In the very next paragraph he’s then pointing out that they, too, are willing to make concessions, but for the “homeland” and that these meetings were held in public. The only thing he’s doing is making themselves look worse and worse. Both Maliki and Barzani were the ones caught in hinky, back door, oil smuggling schemes making themselves rich on stolen oil, in exchange for allowing the Kurds and Peshmerga to expand at will and no resistance to Maliki’s agendas.

This article also lays out the Barzani side of the conversation, saying any alliance they wind up in with Baghdad will be based on 3 conditions…

1) They need to make (or have) “historic relations”

2) Implement the Constitution with logic and rationality

3) and abide by the principles of partnership.

Nowhere does it say Barzani and Maliki are in another deal. In fact, I kind of wonder if the Kurds are even willing to go this way again.

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Breitling (Dinar Guru) –  The price of oil when from 74 to 70 today.  I might have changed.  No one needs to revalue today.  But they are going to have to.  And that’s the language that they’re using.  So very remarkable.  Some very interesting stuff…90% of what Iraq makes is from oil.  It’s coming down.  It’s going to revalue.  The market will change…Iraq is going to have to add value to their currency.  Remember it’s artificially low.  They want open access to their currency.  That’s their goal.  That’s what they want to do.  And they’ll get there.

Read more: http://www.dinarupdates.com/observer/
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Nouri al – Maliki .. His presence is a disgrace to Iraq and his role is suspicious and criminal

Maliki is using the scene threatened by civil war if not a key part in the formation of the next government

Iraq news – Maliki is exploiting the burning scene in southern Iraq to implement his threat to ignite the civil war if not major part of the formation of the next government.

We will give you the details in turn…

Article Credit: Thebaghdadpost.com

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Why sell Dinar?

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

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

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

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

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

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

Our Sell price for today: $950 per million

www.TheDinarExchange.com

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

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

“Hi Tom,

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

Stephen O
______________________________________________________________

Mnt Goat (Dinar Guru) –   The news now is all about the re-counting of the ballot results from the May 12th elections. ...Yes, yet another intentional act to delay the progress of the country. Why are they doing this?Many of these gurus will tell you it is orchestrated by Nori al-Maliki and his gang to stall for time, hoping to delay the results long enough so he can put together his own majority coalition. I agree with this notion but be assured it is not going to work for him and is now only backfiring on him, as the citizens will surely find out who orchestrated this fiasco in the future and who stalled the formation of the govt. This will happen when the re-counting results show no significant changes. …So this is a very dangerous tightrope Maliki is now walking but I think he has been out maneuvered and is losing his leverage by Sadr.

Read more: http://www.dinarupdates.com/observer/
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Sadr abandons his only condition to support Abadi’s candidacy for PM

Sadrists say they will nominate next prime minister of Iraq

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

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

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

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

Article Credit: Thebaghdadpost.com (Special Thanks to Charles Bright)
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Mnt Goat (Dinar Guru) –   …Remember that we know that everything from the CBI standpoint if already completed and all they need is a “suitable environment” to continue with the “project to delete the zeros”.  They told us there was FRAUD and MANIPULATION that prevented the project from moving forward. We know this is in dealing with the currency auctions and involved almost 1/3 of the parliament members and their banking and money laundering schemes.  So it seems logical that if we want to know where the CBI now stands on the RV, why not look at what is going on to rectify these issues. …Many of these culprits will lose their immunity and thus can be served their arrest warrant on charges of corruption, but only after the election.

Read more: http://www.dinarupdates.com/observer/
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Adam Montana (Dinar Guru) –   [What do you think is holding up the HCL?]  HCL at this time – it’s completely political. Everything I discussed…is directly related to the delay on the HCL, and that’s coming to an end quickly.  I’m excited to see this chapter conclude and see some HCL news in the coming weeks. Can’t be far off now!

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

Some interesting headlines…

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

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

Rafidain Bank and KI partnership to provide global services soon

______________________________________________________________

Will Trump implement his own policy toward Kurds?

WASHINGTON DC, United States (Kurdistan24) – “The Kurds are great people. They’re incredible fighters,” President Donald Trump said on Thursday, following the NATO summit in Brussels.

“They’re wonderful, warm, intelligent — allies, in many cases,” he continued, replying to a question from Kurdistan 24’s Barzan Hassan.

“I believe they’re great people,” Trump affirmed.

Kurds and their friends were delighted at the President’s words, which brought back memory of Trump on the campaign trail when he also spoke warmly of the Kurds.

“We should be arming the Kurdish [troops.] They’ve proven to be the best fighters. They’ve proven to be the most loyal to us,” he said.

“They have great heart. We should be working with them much more than we are,” Trump said in Nashville.

After Trump won, Kurds looked forward to his presidency. “Trump Fish” restaurant opened in Dohuk, because, as the owner told Kurdistan 24, “[Trump] has expressed support for the Peshmerga forces in the presidential election campaign.”

Trump’s first (and short-lived) National Security Adviser, Michael Flynn, was sympathetic to the Kurds. So, too, was the man who replaced him, H.R. McMaster, who worked with the Peshmerga during Operation Iraqi Freedom (OIF.)

So when the US did virtually nothing to stop the Iraqi assault on Kirkuk in October 2017, Kurdish anger at US inaction was accompanied by a deeply-felt sense of betrayal.

What went wrong?

The Trump administration, like its predecessor, saw Iraq, including the Kurds, in terms of the war to defeat the Islamic State (IS.) It did not think much about what would follow. It assumed the past was the future. So Iraq was not a high priority—say, on the level of North Korea or Iran.

The question of the future of Iraq was left to the bureaucracies, which are, typically, creatures of habit. They continued with their Obama-era thinking. That included accommodating Iran’s growing influence in Iraq, not recognizing it as a problem, even not acknowledging basic facts—like the clear evidence of the central role played by Iran and its proxy forces among Iraq’s Shia militias in the assault on Kirkuk.

As Trump’s tough new stance against Iran emerged, they failed to address the contradiction between confronting Iran pretty much everywhere on the planet but accommodating it in Iraq.

Michael Pregent, a Fellow at the Hudson Institute, who advised Gen. David Petraeus and Gen. Raymond Odierno during OIF, suggested that Trump was not thinking strategically about “the significance of Kurdistan.”

Trump “limits his praise to the bravery of the Peshmerga,” as they fought IS, Pregent said, but “what he needs to understand is that the way to keep [IS] from coming back and the way to curb Iranian influence” is to recognize the Kurdistan Region “as an American ally and an American investment.”

The Kurds are an American ally because the US can work with them to restrain Iran while preventing IS’ re-emergence, and the Kurdistan Region can be an American investment because it is a success story.

“It is literally the only thing we have left in Iraq that is a shining example of what we were able to do there,” Pregent said. However, the bureaucracies are not presenting these issues to the president from this strategic perspective, and so it is not recognized.

The formulation of Iraq policy fell to the State Department, where Secretary Tillerson was a remote and disengaged figure, focused on priority issues, like North Korea, and on reorganizing the State Department, a prolonged process, which left important positions unfilled.

Into that vacuum stepped Brett McGurk, a lawyer, with limited knowledge and experience of the Middle East. McGurk, whom Barack Obama had made Special Presidential Envoy to the coalition to defeat IS in November 2015, after Gen. John Allen stepped down from that position.

Originally, Trump intended to replace McGurk with Lt. Gen. H.R. McMaster, whose stature and experience was comparable to Allen’s. But when Michael Flynn was obliged to resign as National Security Adviser, McMaster was tapped to replace Flynn, and McGurk kept his position.

In the absence of an Assistant Secretary of State for Near East Affairs, McGurk assumed the role of US arbiter of Iraq’s future. Three major setbacks followed.

The first was the Iranian-orchestrated assault on Kirkuk. McGurk did not inform the White House of Tehran’s role, perhaps, because he, himself, was unaware of it.

The second was the re-emergence of IS in Kirkuk and other disputed territories.

The third was Iraq’s May 12 elections. America’s man in Iraq—Haider al-Abadi—finished third, behind the mercurial Shia cleric, Muqtada al-Sadr, and Hadi al-Amiri, head of the Popular Mobilization Forces, the most powerful of which, including his own, are backed by Iran.

How is Washington dealing with this? The US-led military coalition has responded to the deteriorating security situation by increasing coordination with the Peshmerga; emphasizing its continuing support for the Kurdish forces; and promoting talks to restore security coordination between the Kurdistan Region and Iraq.

In addition, senior US officials now publicly acknowledge that Iran’s influence in Iraq is a real problem. Secretary of State Mike Pompeo regularly speaks of the challenge posed by the Iranian-backed Shia militias.

Most dramatically, perhaps, the State Department recently revealed that Iran is running terrorist training camps in Iraq. It identified the Bahraini Al-Ashtar Brigades as one group receiving such training, but it would be little surprise if there were not more.

Of course, this does not explain how the US will address the challenge of Iran’s malign role in Iraq, but acknowledging the problem is, at least, a start.

And it raises the question: given that this is the nature of the Iraqi government, why insist that the people whom Trump describes—“great people” and “incredible fighters” and “most loyal to us”—must remain subject to this modern-day Babylonian yoke?

Article Credit: Kurdistan24.net

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

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

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Spokesperson: Coalition between Maliki, Sadr ‘unlikely’

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

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

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

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

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

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

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

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

Spokesperson: Coalition between Maliki, Sadr ‘unlikely’

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

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

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

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

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

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

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

Article Credit: Kurdistan24.net (Special Thanks to Charles Bright)
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The state of law reveals the fact that it presented “concessions to Barzani” to collect a third term for the owners

Article Credit: Baghdadtoday.news

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

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Why sell Dinar?

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

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

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

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

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

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

Our Sell price for today: $950 per million

www.TheDinarExchange.com

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

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

“Hi Tom,

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

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

Read more: http://www.dinarupdates.com/observer/
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Sadr abandons his only condition to support Abadi’s candidacy for PM

Sadrists say they will nominate next prime minister of Iraq

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

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

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

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

Article Credit: Thebaghdadpost.com (Special Thanks to Charles Bright)
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The Iraq Report: MPs fearing corruption charges flee Iraq en masse

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

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

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

Vote recount begins as lawmakers flee

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

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

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

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

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

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

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

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

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

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

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

Key witness ‘assassinated’

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

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

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

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

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

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

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

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

Operations against IS resume

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

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

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

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

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

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

Read more: http://www.dinarupdates.com/observer/
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Al – Abadi ruled out the change of election results after re-counting and manual counting

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

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

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

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

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

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

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

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

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

Article Credit: http://sngiq.net/wordpress/?p=142432 (Special thanks to Charles Bright)
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Mnt Goat (Dinar Guru) –  So what do we look for once the Electoral Commission says all the re-counting is completed?  1.The Judicial must ratify the election results as completed (re-count of the ballots completed and certified by the Judiciary) looks like not until around end of July, as best.  2.seating the three presidents – new prime minister, speaker of the house and the ceremonial president and his three vice presidents.  3.  sense of political stability in Iraq.  4.maintained security with the region.  Note: I do not believe that the prime minister needs to seat his entire cabinet of ministers at this time for the RV…

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

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

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

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

Rafidain Bank and KI partnership to provide global services soon

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Monetary policy .. fixed rate or partly floating?

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

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

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

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

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

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

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

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

______________________________________________________________

Iraq officially exits the FATF International Financial Control List

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

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

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

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

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

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

BGG ~ It means – ONE STEP CLOSER!!

______________________________________________________________

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

Dos and Don’ts of Windfall Wealth:

Treat it like a PowerBall win

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

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

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

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

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

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

Thanks – BGG!!

www.DinarUpdates.com

Why am I selling Dinar?

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

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

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

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

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

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

Our Sell price for today: $950 per million

www.TheDinarExchange.com

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

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

“Hi Tom,

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

Stephen O

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

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

Sadrists say they will nominate next prime minister of Iraq

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

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

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

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

Article Credit: Thebaghdadpost.com (Special Thanks to Charles Bright)
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tman23 (Dinar Guru) –   Rate will be 4.25 or 6.14 and have a worthy piece of history in print which leads me to such a possibility.

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

Read more: http://www.dinarupdates.com/observer/
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The Iraq Report: MPs fearing corruption charges flee Iraq en masse

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

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

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

Vote recount begins as lawmakers flee

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

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

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

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

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

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

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

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

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

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

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

Key witness ‘assassinated’

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

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

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

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

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

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

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

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

Operations against IS resume

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

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

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

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

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

Article Credit: Alaraby.co.uk (Special Thanks to Charles Bright)
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“Steady Increase” in the Iraqi Dinar

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

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

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

Read Ahmed Tabaqchali’s full report here.

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

Read more: http://www.dinarupdates.com/observer/
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Al – Abadi ruled out the change of election results after re-counting and manual counting

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

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

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

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

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

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

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

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

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

Article Credit: http://sngiq.net/wordpress/?p=142432 (Special thanks to Charles Bright)
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ChrisC (Dinar Guru) – Article:  “Iran aims to conclude monetary agreements with three countries including Iraq”   Quote: “The governor of the Central Bank of Iran, Aliullah Saif, announced Saturday (July 7, 2018) that the bank will continue to conclude monetary agreements with Iraq, Russia and Azerbaijan to deal with national currencies.“  I kept waiting to see if anybody would comment on this.  It seems this is one of the clearest of the day that Iraq has an international currency. Why would Iran want a “national” currency that they couldn’t do anything with?

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

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

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

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

Rafidain Bank and KI partnership to provide global services soon

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Monetary policy .. fixed rate or partly floating?

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

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

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

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

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

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

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

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Iraq officially exits the FATF International Financial Control List

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

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

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

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

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

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

BGG ~ It means – ONE STEP CLOSER!!

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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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