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Word for the day…
Song of Solomon 2:4 (NKJV)
4 He brought me to the banqueting house,
And his banner over me was love.
Heavenly Father, Thank You that You are Love! Thank You for Your banner of Love! In Jesus Name, Amen.
Mrs BGG
Iraqi Dinar/Dollar auction 03-09-15
Currency Auctions Announcement No. 3028 (most recent listing)
This daily currency auction was held in the Central Bank of Iraq on the 03-09-2015
The results were as follows:
| DETAILS | NOTES |
| Number of banks | 23 |
| Number of remittance companies | 6 |
| Auction price selling dinar / US$ | 1166 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 214,017,130 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 214,017,130 |
| Total offers for selling (US$) | —– |
More: http://dinarupdates.com/observer/
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Life does not ask what we want. It presents us with options. – Thomas Sowell
*** Current News ***
NOTE – We are postponing the call scheduled for 3:30pm until 7:30pm CST – Thank you!!
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BGG – The rats are lining up on one side – Abadi on the other, I think Mahmoud will be crushed before this is over…Sistani has great influence with the PMU’s also. I don’t think Ameri (or Mahmoud) will win this fight. The political corruption MUST END – the WB/IMF is INSISTENT – and these jokers just can’t manage to leave the trough. They (Allawi – Maliki – Mutlaq and others) are clearly showing themselves as defending their corrupt way of life. I do think Abadi will work with Parliament to get this solved. He is OBVIOUSLY serious about dealing with their corrupt issues.
Read More: http://dinarupdates.com/observer/
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From a DU Reader…
BGG,
What would you think might happen to the markets if I told you that the USD would increase in value by .10 every month for the next three years.
I wonder about inflation…speculation…currency hoarding…contracts…the list kinda goes on and on.
But then we are all entitled to an opinion and this is marked as such…so fair is fair but where is the common sense in this…just pondering for the day
Have a great day and keep up the great work – especially your updates. I continue to be
a supporter of DU. You all COLLECTIVELY do an amazing amount of work for us.
~ Foxrun
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Dinar Updates @DinarUpdates
Dinar Updates retweeted Ahmed Ali
BGG ~ I made note of Mahmoud “politic-ing” the other day – this appears to be what he was after… strange for a judge…
Ahmed Ali @IraqShamel
Now, this is interesting: After PMUs, Iraq’s embattled chief judge receives endorsement from major Iraqi Sunni bloc:
BGG ~ The rats are lining up on one side – Abadi on the other, I think Mahmoud will be crushed before this is over…
The “PMU’s” refer to the militias – which Sistani has great sway over. I don’t think Ameri (or Mahmoud) will win this fight.
The political corruption MUST END – the WB/IMF is INSISTENT – and these jokers just can’t manage to leave the trough. They (Allawi – Maliki – Mutlaq and others) are clearly showing themselves as defending their corrupt way of life.
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Atwani: Abadi powers to sack corrupt people including Mahmood
Information / special / .. confirmed former MP for the coalition of state law Fri Atwani, Tuesday, that the dismissal of the Chief Justice Medhat al-Mahmoud fall within the powers of the Prime Minister Haider al-Abadi., Said Atwani told / information / that “can the Prime Minister Haider al-Abadi provide request to the House of Representatives and the Committee of the Supreme judiciary in case generated has the conviction to dismiss Judge Medhat al-Mahmoud, “pointing out that” Mahmoud carry out his functions as head of the Judicial Council by proxy.
“He added that” the powers of the Prime Minister Haider al-Abadi allow him to dismiss people spoilers in the state after the vote on them within Council of Ministers.
“The Medhat al-Mahmoud reached the legal age at which it carries prevent judicial work, as well as suspicions of corruption swirling around him in a lot of issues, including the issue of Spyker Alshahyrh.anthy / 25
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(Please note – we are posting daily News Articles slightly differently now)sales-of-more-than-five-billion-dollars&p=129128&viewfull=1#post129128
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Meet the man trying to bring Iraq back from the brink
By Mohamad Bazzi August 31, 2015
Riot policemen stand in front of protesters during demonstration against the poor quality of basic services, power outages and calling for trial of corrupt politicians in Baghdad, Iraq, August 28, 2015. REUTERS/Thaier al-Sudani
On August 16, an Iraqi parliamentary report named Iraq’s former prime minister, Nouri al-Maliki, among dozens of officials responsible for the collapse of security forces and the fall of Mosul to Islamic State militants last summer. In his eight years as premier, corruption thrived and Maliki repeatedly purged the Iraqi security forces of those he suspected of disloyalty.
Iraqis now hope that Maliki and other officials will stand trial and be held to account for why militants were able to capture the northern city with so little resistance. (Maliki dismissed the parliamentary investigation as “worthless,” and he blamed Mosul’s fall on a conspiracy by Turkish and Kurdish leaders.)
At the same time, Maliki is poised to lose his ceremonial post as one of Iraq’s three vice presidents under a series of reforms that the current prime minister, Haider al-Abadi, is trying to enact. After weeks of popular protests in Baghdad and other cities against corruption and the government’s failure to provide basic services, Abadi sought to reform Iraq’s political system by eliminating several high-level positions, reigning in government spending and removing sectarian quotas in political appointments.
Most prominently, Abadi scrapped the posts of the three vice presidents and three deputy prime ministers. The positions were largely symbolic but included large budgets that allowed these officials to reward their supporters with patronage jobs. While several other politicians lost their positions, Abadi’s measures were intended to detach his rival Maliki from the power structure in Iraq.
But Maliki is a survivor, and it’s a mistake to count him out of Iraq’s intricate politics because he is losing his post as vice president and he faces a potential trial. Maliki still has a base of support among some Shi’ite factions and militias that view Abadi as weak and too eager to offer concessions to Iraq’s Sunni minority.
Since he was forced out of office last year, Maliki has become a champion of the mainly Shi’ite volunteers and militias that are leading the fight against Islamic State under the banner of “popular mobilization units.” Many of these volunteers answered a call to arms by Iraq’s top Shi’ite cleric, Grand Ayatollah Ali al-Sistani, urging all able-bodied Iraqi men to join the security forces and stop Islamic State’s advance after Mosul’s fall. Tens of thousands of Shi’ite volunteers showed up at recruiting centers to sign up for the Iraq security forces, or the militias.
Abadi has tried to overhaul the Iraqi military and security forces, which are under his control. Last year, he announced that an initial investigation had uncovered 55,000 “ghost soldiers” in the army — nonexistent troops who were on the government’s payroll and whose salaries were collected by corrupt officers. Abadi is now expanding his anti-corruption drive to eliminating patronage jobs and other perks provided to many government officials, including large security details.
But Abadi risks a backlash from other power centers in Iraq, including some of the Shi’ite parties connected to militias and within the ranks of his own Dawa Party, a Shi’ite Islamist group where Maliki still has strong support.
Even as Maliki tries to undermine him, Abadi needs to assure Iraq’s Sunnis that he will be able to reverse the legacy of his divisive and sectarian predecessor. Since Abadi took office last September, Sunni political leaders have made several demands: amnesty for tens of thousands of Sunnis imprisoned — in many cases without judicial review — by Maliki’s regime in the name of fighting terrorism; greater power in the new government; an end to aerial bombardment of Sunni towns; and a more significant role in the Iraqi security forces, which Maliki cleansed of many senior Sunni officers.
Abadi has responded to some of these demands, releasing prisoners and ordering an end to the Iraqi air force bombings of Sunni areas. But for the most part, the Shi’ite militias are outside his control. Many Sunnis cringe at the memories evoked by the reestablishment of Shi’ite militias. These groups carried out widespread kidnappings, torture and killing of Sunnis during the sectarian war that raged in Iraq from 2005 through 2008.
Many of the Shi’ite militias depend on Iran for weapons, funding and training. Since Islamic State militants swept through northern Iraq last year, Tehran has mobilized to protect the Shi’ite-led Iraqi government from the jihadist threat. General Qassim Suleimani, commander of the Quds Force of the Iranian Revolutionary Guard Corps, traveled to Baghdad at the start of the crisis to coordinate the defense of the capital with Iraqi politicians and military officials. Suleimani also directed Iranian-trained Shi’ite militias — including the Badr Brigade and the League of the Righteous, two notorious militias responsible for atrocities against Sunnis — in the fight against Islamic State.
When the United States invaded in 2003, Shi’ites made up nearly two-thirds of Iraq’s population of 25 million. But members of the Sunni minority had ruled Iraq since its independence in 1932. The Shi’ites had waited seven decades for their chance to rule, and it’s not surprising that they would consolidate power after the American invasion. But Maliki and other leaders manipulated a dysfunctional political system, put in place by the United States and the United Nations after 2003, to concentrate power and exclude Sunnis.
As Maliki struggled to remain in power, he became more dependent on Iran, which is the dominant external power in Iraq. Maliki was a reliable ally who allowed Iranian flights over Iraqi territory to transport weapons and manpower to Bashar Assad’s regime in Syria. Maliki also paved the way for thousands of Iraqi Shi’ites to cross the border and fight alongside the Syrian regime.
Abadi inherited this sectarian and dysfunctional political system. He must unify a fractured Iraq, by assuring Sunnis that the central government will protect their interests, while keeping rivals like Maliki in check. Abadi must also ensure that his predecessor stands trial for his corruption and the failures that helped empower Sunni extremists — and led to the catastrophe that has unfolded in Iraq.
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Commercial Solicitation
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CURRENCY CODE SELL BUY
US dollar USD 1166.000 1164.000
| CURRENCY | CODE | SELL | BUY |
| US dollar | USD | 1166.000 | 1164.000 |
| Euro | EUR | 1312.333 | 1311.677 |
| British pound | GBP | 1781.182 | 1780.291 |
| Canadian dollar | CAD | 875.967 | 875.529 |
| Swiss franc | CHF | 1208.415 | 1207.811 |
| Swedish krona | SEK | 137.814 | 137.745 |
| Norwegian krone | NOK | 141.089 | 141.018 |
| Danish krone | DKK | 175.841 | 175.753 |
| Japanese yen | JPY | 9.695 | 9.690 |
| Special Drawing Rights |
SDR | 1640.597 | 1639.777 |
Iraq Live Update @IraqLiveUpdate 
[Baghdad-where] raise the House of Representatives to its regular Saturday.
Long-Presse / Baghdad – The voice of the Iraqi Council of Representatives on Thursday unanimously passed a bill on political parties after 13 years on regime change in Iraq.
Alkhclok sends a message to the President urging him to dismiss infallible Medhat al-Mahmoud to meet the demands of the demonstrators.
Brother – Baghdad – Announced the Finance Committee in the House of Representatives member Haidar Mutlaq al-Kaabi, said the agenda of the Finance Committee for today is to discuss the subject of money laundering.
