Dinar Daily NEWS Blog – Aug 10th

Thank You to all our members, MODS, VIP’s, Chat Copiers and News Researchers at 

www.DinarUpdates.com

40 Million views and counting!!

_____________________________________________________________

Word for the day…

Colossians 4:5-6 (NKJV)

5 Walk in wisdom toward those who are outside, redeeming the time. 6 Let your speech always be with grace, seasoned with salt, that you may know how you ought to answer each one.

Heavenly Father, thank You for Your Amazing Love! Help our speech to always be with grace and seasoned with salt. Thank You Holy Spirit for helping us. In Jesus Name, Amen.

Mrs BGG

home7

Iraqi Dinar/Dollar auction 10-08-15 (no change)

Currency Auctions Announcement No. (3010 – most recent listing)

This daily currency auction was held in the Central Bank of Iraq on the 10-08-2015

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$) 286,321,146
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 286,321,146
Total offers for selling (US$) —–

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

The greatest discovery of my generation is that a human being can alter his life by altering his attitude. – William James

*** Current News ***

Join us for Round Table Chat w/Millionday @ 1:00PM EST – today in the DU Chat Room!!

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

BGG – Article Quote:  “The prime minister Haider al-Abadi had announced earlier in the day about the most important actions to be taken by the most important part of his reform plan to reduce ministries and cancel key positions of the Republic and the Vice-Minister.”   Maliki’s VP position ELIMINATED!!   …he’s OUT.  [how can they eliminate a political position such as that?]  he just did – and he’s getting lots of support – Parliament leadership, Barzani (Kurds), Clerics, everyone jumped right out to support Abadi. My contention has always been once Maliki is gone – Alak will either grow a brain or be gone as well…  […do you think this will this prolong the RV…?]  I don’t think it slows anything down – it probably moves things forward.

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

_____________________________________________________________

Follow us on twitter @DinarUpdates !!

 Dinar Updates retweeted

Iraq Live Update ‏@IraqLiveUpdate  18h18 hours ago

Moqtada Al-Sadr says he will call his followers to ‘fill the streets’ if Abadi’s reform bill is stopped

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Don’t Miss “NEWS TIME” w/Millionday – Monday evening on CHAT at 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!

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

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

(Please note – we are posting daily News Articles slightly differently now)
______________________________________________________________

Under the auspices of Iraqi lawyers .. Federal Court issued a decision to arrest al-Maliki, right!

A number of Iraqi lawyers Federal Court demanded to issue a decision arrest warrant against former Prime Minister Nuri al-Maliki in preparation for submission to trial on charges of corruption and waste of public money and causing the death of thousands of Aeraguibn.

The lawyer said Ahmed Kazem that “a group of Iraqi lawyers Anzmwa to campaign (# Hakmoh) launched by Iraqi youth to demand the trial of former Prime Minister Nuri al-Maliki and all the corrupt officials in Maliki’s government. ”
And that “all those who support this campaign, he has to invest its experience and potential to sustain in order to be a lesson for all politicians”, noting that “al-Maliki is the first because it head Corruption will be attached to him for trial and retribution all who follow him and backed leaders and corrupt politicians. ”

He said Kazem that “lawyers in the process of preparing a list of the charges against al-Maliki and submit a draft official accusation of the Federal Court to issue a decision arrest against him and brought to trial.”

http://www.chakooch.com/news.php?action=view&id=7235

______________________________________________________________

“Straight Talk Radio” Call!!

“for HUGE Dinar News – TODAY!!”
from Sunday – 8/09

Click banner on mid-right of page!!

The parliamentary Finance Committee: Deputy State law, “Al-Maliki”. Involved in Embezzling 1.6 billion every month. State budget!

The parliamentary Finance Committee revealed that more than six billion Iraqi dinar would respond to the State budget if the dismissal of Deputy Presidents and Ministers.
Committee Member said Masood Hyder, the Prime betrshik Government as well as the sacking of Deputy Presidents and Ministers bold step and break political quotas.

He said that if the resolution was implemented and became effective more than six billion dinars will be reported monthly to the State budget that was spent on the six deputies as mental offices and incidentals and protections and nominal salary too.

He noted that deputies ‘ nominal salaries of up to 250 million Iraqi dinars per month.
He said that it opposed resolutions Abadi, it involved the embezzlement of the above amount.

Recall that the State of law and Maliki’s Dawa – they just wing conscientious objectors to the decision to dismiss Al-Abbadi Vice-Presidents, as most lawmakers follow Al-Maliki described the resolution as “illegal and unconstitutional, and did not study properly and competent.

Read More: http://www.dinarupdates.com/showthread.php?17190-Malili-quot-Steals-paycheck-quot-of-1-6B-per-month-of-State-Budget-8-10

______________________________________________________________

Commercial Solicitation

_____________________________________________________________

CURRENCY CODE SELL BUY

US dollar USD 1166.000 1164.000

CURRENCY CODE SELL BUY
US dollar USD 1166.000 1164.000
Euro EUR 1275.721 1275.083
British pound GBP 1808.466 1807.562
Canadian dollar CAD 888.584 888.140
Swiss franc CHF 1186.044 1185.451
Swedish krona SEK 133.407 133.340
Norwegian krone NOK 141.104 141.034
Danish krone DKK 170.963 170.877
Japanese yen JPY 9.344 9.339
Special
Drawing Rights
SDR 1622.396 1621.585

Indicative rates – 08.10.2015 

http://www.cbi.iq/

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

www.DinarUpdates.com

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – Aug 10th

Dinar Daily NEWS Blog – Aug 9th

Thank You to all our members, MODS, VIP’s, Chat Copiers and News Researchers at 

www.DinarUpdates.com

40 Million views and counting!!

_____________________________________________________________

Word for the day…

Psalm 20:4-5 (NKJV)

4 May He grant you according to your heart’s desire,
And fulfill all your purpose.
5 We will rejoice in your salvation,
And in the name of our God we will set up our banners!
May the Lord fulfill all your petitions.

Heavenly Father we rejoice in Your salvation! In Jesus Name, Amen.

Mrs BGG

home7

Iraqi Dinar/Dollar auction 06-08-15 (no change)

Currency Auctions Announcement No. (3008 – most recent listing)

This daily currency auction was held in the Central Bank of Iraq on the 06-08-2015

The results were as follows:

DETAILS NOTES
Number of banks 23
Number of remittance companies 4
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 318,817,652
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 318,817,652
Total offers for selling (US$) —–

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

One of the symptoms of an approaching nervous breakdown is the belief that one’s work is terribly important. – Bertrand Russell

*** Current News ***

Kaperoni – Article:  “Cabinet voted unanimously to reform paper in the presence of 31 ministers“      So it’s official!  Maliki is out.  The CoM approved the changes in the government including the removal of Maliki!  Wooohooo.

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

“Straight Talk Radio” Call!!

“for HUGE Dinar News – TODAY!!”
from Sunday – 8/09

Click banner on mid-right of page!!

_____________________________________________________________

Follow us on twitter @DinarUpdates !!

Dinar Updates ‏@DinarUpdates 

 1h1 hour ago

Iraq receives first rating in boost to bond issue plans

http://www.dinarupdates.com/showthread.php?17009-Iraq-receives-first-rating-in-boost-to-bond-issue-plans-8-8&p=126257&viewfull=1#post126257 …

Embedded image permalink

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Don’t Miss “NEWS TIME” w/Millionday – Sunday evening on CHAT at 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!

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

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

(Please note – we are posting daily News Articles slightly differently now)
______________________________________________________________

Abadi decide to abolish the posts of Vice-President and Prime Minister immediately (meaning MALIKI!!)

BAGHDAD – scales News Decided to Prime Minister Haider al-Abadi, Sunday, the abolition of the posts of Vice President and the Prime Minister immediately, in the face of past and present open the files of corruption under the supervision of the Commission, “Where did you get this” …

http://www.dinarupdates.com/showthread.php?17071-Abadi-decide-to-abolish-the-posts-of-Vice-President-and-Prime-Minister-immediately&p=126343&viewfull=1#post126343

Scales News / reveal political agreements for the dismissal of five ministers, most notably al-Araji

Special scales News – Detection of high-level political source, Saturday, and there is a consensus top political body of the National Alliance to dismiss Oil Minister Adel Abdul-Mahdi, and Transport Minister Baqir al-Zubaidi, and Deputy Prime Minister for Energy, Bahaa al-Araji, explaining the existence of a consensus within the powers union to dismiss Electricity Minister Qassim al-Fahdawi, and Minister of State for Provincial Affairs Ahmed al-Jubouri.

The source, who occupies a position in the State of Law coalition’s / scales News / “The National Alliance Collect the sacking of ministers of transport and oil on the back of their failure in their ministry management and reluctance to several things, notably the oil agreement” mined “, the construction of the port of Faw, contracts suspicious of the company Fly Baghdad and the deterioration of the energy sector, “revealing” and also there is a consensus within the coalition on the dismissal of Deputy Prime Minister for Energy, Bahaa al-Araji, a result of the accumulation of “failure” in a number of suspicious files and contracts that hovers around “suspicions of corruption.”

He acknowledged the source on condition of anonymity, “there is a consensus among the forces and the National Union for the sacking of Minister of Electricity Qassim Fahdawi and rotate the position for another figure from within the coalition”, it is also likely to sack Minister of State for Provincial Affairs Ahmed al-Jubouri, because there is a file accusing him of theft, extortion and kidnappings in the former regime time. ” .

And seal the source speech by saying that “al-Abadi became the owner of the decision to sack these ministers because of the support of the religious authority in Najaf him, which gave him the green light to fight the corrupt as well as the pressure of the demonstrations that came out to demand the resignation and the expulsion of corrupt and hold them accountable,” acknowledging that Abadi may dismiss these ministers during the Council session emergency cabinet on Sunday. ”

This “and called on the President of the call parliamentary bloc behind Abdul Samad Khalaf, Saturday, Prime Minister Haider al-Abadi to replace the oil minister Adel Abdul Mahdi, an oil expert from the South Oil Company, as well as Transport Minister Bayan expert from Iraqi ports, and Minister of Electricity Qassim Fahdawi expert in electric power, to be the first step in the path of reform. ”

The religious authority “has demanded Prime Minister Haider al-Abadi to be more daring and courage in his steps reformist and M. very some secondary steps recently announced it is seeking that the government take important decisions and strict procedures in the field of anti-corruption and social justice.”

And launched “a new Friday demonstrations in Tahrir Square in central Baghdad and the rest of the provinces, to protest against poor services and lack of electric power, and the exclusion of demanding the punishment of corrupt people in the government institutions” .anthy 29 / D 24

http://www.dinarupdates.com/showthread.php?17015-Scales-News-reveal-political-agreements-for-the-dismissal-of-five-ministers-8-8&p=126266&viewfull=1#post126266
______________________________________________________________

Sunday Afternoon Dinar Call!!

Live Q & A w/BGG – from 8/02

Click call banner on mid-right of page!!

Smart phone user link – Click here

Najafi: Maliki cause destruction and havoc Iraq

Baghdad / Iraq News Network carrying Iraqi Vice President Osama Najafi counterpart, Vice President Nuri al-Maliki full responsibility for the deterioration of the security and political situation and service that has plagued Iraq during his tenure as prime minister, and called for Mbkrh.utalb Najafi elections in dialogue with the Middle East today: Maliki is responsible for the “destruction of the country.”

He called Najafi, on the other hand the current prime minister Haider al-Abadi to return to the House of Representatives and the re-vote of confidence in his government older year has been unable to achieve the government program put forward and clear through all the data it is able to implement this program .orda to a question as to whether it was intended and document the political agreement that regard, many of which demands an alliance of Iraqi forces (Sunni bloc in the Iraqi parliament), which belongs to Najafi Iraqi Vice-President, said that «a close political agreement is another issue note that he did not carry out the majority of what has been agreed it at the level of the agreed issues, but what I mean is not this document that are related parties and political blocks, but the government program, which the government has pledged to implement it, which calls for the prime minister to clarify these things and assess the work of each minister so that they can be to the dismissal of Minister negligent or re-vote and ask confidence from the new government, but even if it came to the new elections, which are secreted from the demonstrations of perceptions prove the failure of the current political system, which requires a return to the people ».orda to a question whether it was possible to hold elections in the Sunni western provinces that are the main stronghold Ngeevi for himself and coalition forces, he said that “the idea remain, you may not be quick implementation, but important people in my opinion, until it is his choice.”

Read More: http://www.dinarupdates.com/showthread.php?17006-Najafi-Maliki-cause-destruction-and-havoc-Iraq-8-8&p=126252&viewfull=1#post126252

 

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Commercial Solicitation

_____________________________________________________________

CURRENCY CODE SELL BUY

US dollar USD 1166.000 1164.000

CURRENCY CODE SELL BUY
US dollar USD 1166.000 1164.000
Euro EUR 1268.958 1268.323
British pound GBP 1817.911 1817.002
Canadian dollar CAD 884.472 887.030
Swiss franc CHF 1190.403 1189.808
Swedish krona SEK 133.653 133.586
Norwegian krone NOK 141.067 140.996
Danish krone DKK 170.063 169.978
Japanese yen JPY 9.381 9.376
Special
Drawing Rights
SDR 1620.740 1619.930

Indicative rates – 08.09.2015 (no change as of 8/8 9:00am CST)

http://www.cbi.iq/

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

www.DinarUpdates.com

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – Aug 9th

Dinar Daily NEWS Blog – Aug 8th

Thank You to all our members, MODS, VIP’s, Chat Copiers and News Researchers at 

www.DinarUpdates.com

40 Million views and counting!!

_____________________________________________________________

Word for the day…

Hebrews 13:15 (NKJV)

15 Therefore by Him let us continually offer the sacrifice of praise to God, that is, the fruit of our lips, giving thanks to His name.

Heavenly Father, we Praise You and bless Your Holy Name! We love You 🙂 In Jesus Name, Amen.

Mrs BGG

home7

Iraqi Dinar/Dollar auction 06-08-15 (no change)

Currency Auctions Announcement No. (3008 – most recent listing)

This daily currency auction was held in the Central Bank of Iraq on the 06-08-2015

The results were as follows:

DETAILS NOTES
Number of banks 23
Number of remittance companies 4
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 318,817,652
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 318,817,652
Total offers for selling (US$) —–

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

We become just by performing just action, temperate by performing temperate actions, brave by performing brave action. – Aristotle

*** Current News ***

_____________________________________________________________

Follow us on twitter @DinarUpdates !!

Thousands of Iraqis protest against government corruption

http://www.dinarupdates.com/showthread.php?16987-Thousands-of-Iraqis-protest-against-government-corruption-8-7&p=126221&viewfull=1#post126221 …

Embedded image permalink

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Don’t Miss “NEWS TIME” w/Millionday – Saturday evening on CHAT at 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!

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

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

(Please note – we are posting daily News Articles slightly differently now)
______________________________________________________________

BGG ~ I am so sorry. The last two calls we had scheduled were postponed – Tuesday AT&T had a region wide service outage. We had four layers of internet access go out. Thursday we had a medical emergency (my Dad “coded” while in the hospital). As soon as possible I will actually get a call done… in the mean time, as we are able we’ll keep doing online updates.

Fitch gives Iraq its first credit rating

The ratings agency has given the country a stable outlook and a B- rating, six notches into junk.

The country is planning a $5bn bond issue towards the end of this year.

Fitch is cautious. Very cautious. It says:

Political risk and insecurity are among the highest faced by any sovereign rated by Fitch. Sectarian conflict has raged with varying intensity since 2003, ISIS militants currently effectively hold three of the 18 provinces, relations with the Kurdish regional government are volatile and governance indicators are exceptionally weak.

Iraq’s fiscal position has deteriorated rapidly since 2013 and Fitch forecasts a double-digit fiscal deficit for 2015, owing to lower oil prices, higher military spending and costs associated with civil conflict. Savings buffers built during previous years of high oil prices have been largely eroded and the deficit will be financed by debt, likely including a eurobond and funding through an IMF rapid financing instrument that was approved in July.

And if that wasn’t enough…

Iraq scores the worst of all Fitch-rated sovereigns on the composite World Bank governance indicator, reflecting not only insecurity and political instability but also corruption, government ineffectiveness and weak institutions. Doing Business indicators are below the peer median, although there is outperformance in some areas. GDP per capita, at USD5,300, is almost 50% greater than the peer median, but the Human Development Index is in line.

Iraq, of course, has oil. Lots of it. Indeed, the country has a “commodity dependence among the highest of all rated sovereigns”, Fitch says.

The ratings agency is assuming here that the price of Brent holds at an average of $65 a barrel this year, $75 next year, and $80 in 2017. “Iraqi oil production is conservatively forecast to increase to an average of 4.2m b/d in 2017,” it says.

Read More: http://www.dinarupdates.com/showthread.php?16945-Fitch-gives-Iraq-its-first-credit-rating-8-7&p=126157&viewfull=1#post126157

BGG ~ This is just a credit rating – however… I really like this line…

“Fitch Ratings has assigned Iraq a long-term foreign currency Issuer default rating (IDR) of ‘B-‘ with a stable outlook…”

The credit rating allows them to sell international bonds. On the other hand, it is a “double edged sword”… they can sell – but not for a premium (at that credit level)…which puts more pressure on Abadi to come up with other revenue. He’s having to face reality.

Maliki has to go – Alak has to go… the CBI has to “pony up…”

______________________________________________________________

Sunday Afternoon Dinar Call!!

Live Q & A w/BGG – from 8/02

Click call banner on mid-right of page!!

Smart phone user link – Click here

Abadi directed to postpone the introduction of the new customs tariff

BAGHDAD / Obelisk: Information Office of the Prime Minister Haider al-Abadi, announced Thursday that al-Abadi face to postpone the introduction of the new customs tariff until ensure the readiness of all border crossings to apply .

Office said in a statement seen by “obelisk”, “The prime minister Haider al-Abadi face to postpone the new customs tariff of work, while ensuring the readiness of all border crossings to enforce the law, away from the corruption and double standards . “…

http://www.dinarupdates.com/showthread.php?16919-Abadi-directed-to-postpone-the-introduction-of-the-new-customs-tariff&p=126107&viewfull=1#post126107

BGG ~ This is a fairly big deal. The issue isn’t that Abadi is postponing it…. that isn’t good for us. It’s that he knows there is a missing component – THE ADDED VALUE!! Their own economists warned against this VERY SCENARIO!! It’s no wonder the people are about to be rioting over tariffs with no value.

______________________________________________________________

Commercial Solicitation

_____________________________________________________________

CURRENCY CODE SELL BUY

US dollar USD 1166.000 1164.000

CURRENCY CODE SELL BUY
US dollar USD 1166.000 1164.000
Euro EUR 1268.958 1268.323
British pound GBP 1817.911 1817.002
Canadian dollar CAD 884.472 887.030
Swiss franc CHF 1190.403 1189.808
Swedish krona SEK 133.653 133.586
Norwegian krone NOK 141.067 140.996
Danish krone DKK 170.063 169.978
Japanese yen JPY 9.381 9.376
Special
Drawing Rights
SDR 1620.740 1619.930

Indicative rates – 08.08.2015 (no change as of 8/8 9:00am CST)

http://www.cbi.iq/

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

www.DinarUpdates.com

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – Aug 8th

Dinar Daily NEWS Blog – Aug 7th

Thank You to all our members, MODS, VIP’s, Chat Copiers and News Researchers at 

www.DinarUpdates.com

40 Million views and counting!!

_____________________________________________________________

Word for the day…

Psalm 20:4-5 (NKJV)

4 May He grant you according to your heart’s desire,
And fulfill all your purpose.
5 We will rejoice in your salvation,
And in the name of our God we will set up our banners!
May the Lord fulfill all your petitions.

Heavenly Father we rejoice in Your salvation! In Jesus Name, Amen.

Mrs BGG

home7

Iraqi Dinar/Dollar auction 06-08-15

Currency Auctions Announcement No. (3008 – most recent listing)

This daily currency auction was held in the Central Bank of Iraq on the 06-08-2015

The results were as follows:

DETAILS NOTES
Number of banks 23
Number of remittance companies 4
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 318,817,652
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 318,817,652
Total offers for selling (US$) —–

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

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

*** Current News ***

______________________________________________________________

Join us for Round Table Chat w/Millionday @ 1:00PM EST – today in the DU Chat Room!!

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

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Iraqi currency and raising the exchange rate …

http://www.dinarupdates.com/showthread.php?16928-Iraqi-currency-and-raising-the-exchange-rate-8-6&p=126126&viewfull=1#post126126 …

Embedded image permalink

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Don’t Miss “NEWS TIME” w/Millionday – Friday evening on CHAT at 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!

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

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

(Please note – we are posting daily News Articles slightly differently now)
______________________________________________________________

BGG ~ I am so sorry. The last two calls we had scheduled were postponed – Tuesday AT&T had a region wide service outage. We had four layers of internet access go out. Thursday we had a medical emergency (my Dad “coded” while in the hospital). As soon as possible I will actually get a call done… in the mean time, as we are able we’ll keep doing online updates.

Fitch gives Iraq its first credit rating

The ratings agency has given the country a stable outlook and a B- rating, six notches into junk.

The country is planning a $5bn bond issue towards the end of this year.

Fitch is cautious. Very cautious. It says:

Political risk and insecurity are among the highest faced by any sovereign rated by Fitch. Sectarian conflict has raged with varying intensity since 2003, ISIS militants currently effectively hold three of the 18 provinces, relations with the Kurdish regional government are volatile and governance indicators are exceptionally weak.

Iraq’s fiscal position has deteriorated rapidly since 2013 and Fitch forecasts a double-digit fiscal deficit for 2015, owing to lower oil prices, higher military spending and costs associated with civil conflict. Savings buffers built during previous years of high oil prices have been largely eroded and the deficit will be financed by debt, likely including a eurobond and funding through an IMF rapid financing instrument that was approved in July.

And if that wasn’t enough…

Iraq scores the worst of all Fitch-rated sovereigns on the composite World Bank governance indicator, reflecting not only insecurity and political instability but also corruption, government ineffectiveness and weak institutions. Doing Business indicators are below the peer median, although there is outperformance in some areas. GDP per capita, at USD5,300, is almost 50% greater than the peer median, but the Human Development Index is in line.

Iraq, of course, has oil. Lots of it. Indeed, the country has a “commodity dependence among the highest of all rated sovereigns”, Fitch says.

The ratings agency is assuming here that the price of Brent holds at an average of $65 a barrel this year, $75 next year, and $80 in 2017. “Iraqi oil production is conservatively forecast to increase to an average of 4.2m b/d in 2017,” it says.

Read More: http://www.dinarupdates.com/showthread.php?16945-Fitch-gives-Iraq-its-first-credit-rating-8-7&p=126157&viewfull=1#post126157

BGG ~ This is just a credit rating – however… I really like this line…

“Fitch Ratings has assigned Iraq a long-term foreign currency Issuer default rating (IDR) of ‘B-‘ with a stable outlook…”

The credit rating allows them to sell international bonds. On the other hand, it is a “double edged sword”… they can sell – but not for a premium (at that credit level)…which puts more pressure on Abadi to come up with other revenue. He’s having to face reality.

Maliki has to go – Alak has to go… the CBI has to “pony up…”

______________________________________________________________

Sunday Afternoon Dinar Call!!

Live Q & A w/BGG – from 8/02

Click call banner on mid-right of page!!

Smart phone user link – Click here

Abadi directed to postpone the introduction of the new customs tariff

BAGHDAD / Obelisk: Information Office of the Prime Minister Haider al-Abadi, announced Thursday that al-Abadi face to postpone the introduction of the new customs tariff until ensure the readiness of all border crossings to apply .

Office said in a statement seen by “obelisk”, “The prime minister Haider al-Abadi face to postpone the new customs tariff of work, while ensuring the readiness of all border crossings to enforce the law, away from the corruption and double standards . “…

http://www.dinarupdates.com/showthread.php?16919-Abadi-directed-to-postpone-the-introduction-of-the-new-customs-tariff&p=126107&viewfull=1#post126107

BGG ~ This is a fairly big deal. The issue isn’t that Abadi is postponing it…. that isn’t good for us. It’s that he knows there is a missing component – THE ADDED VALUE!! Their own economists warned against this VERY SCENARIO!! It’s no wonder the people are about to be rioting over tariffs with no value.

______________________________________________________________

Commercial Solicitation

_____________________________________________________________

CURRENCY CODE SELL BUY

US dollar USD 1166.000 1164.000

CURRENCY CODE SELL BUY
US dollar USD 1166.000 1164.000
Euro EUR 1268.958 1268.323
British pound GBP 1817.911 1817.002
Canadian dollar CAD 884.472 887.030
Swiss franc CHF 1190.403 1189.808
Swedish krona SEK 133.653 133.586
Norwegian krone NOK 141.067 140.996
Danish krone DKK 170.063 169.978
Japanese yen JPY 9.381 9.376
Special
Drawing Rights
SDR 1620.740 1619.930

Indicative rates – 08.07.2015

http://www.cbi.iq/

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

www.DinarUpdates.com

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – Aug 7th

Dinar Daily NEWS Blog – Aug 6th

Thank You to all our members, MODS, VIP’s, Chat Copiers and News Researchers at 

www.DinarUpdates.com

40 Million views and counting!!

_____________________________________________________________

Word for the day…

Jeremiah 29:11 (NKJV)

11 For I know the thoughts that I think toward you, says the Lord, thoughts of peace and not of evil, to give you a future and a hope.

Heavenly Father, Thank You that You have a future and hope for us! Thank You that You think thoughts of peace towards us! In Jesus Name, Amen.

Mrs BGG

home7

Iraqi Dinar/Dollar auction 06-08-15

Currency Auctions Announcement No. (3008 – most recent listing)

This daily currency auction was held in the Central Bank of Iraq on the 06-08-2015

The results were as follows:

DETAILS NOTES
Number of banks 23
Number of remittance companies 4
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 318,817,652
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 318,817,652
Total offers for selling (US$) —–

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

Once you can honestly say, “I don’t know”, then it becomes possible to get at the truth. – Robert Heinlein

*** Current News ***

______________________________________________________________

Hey gang – I am so sorry. There is no way I will get the scheduled call off on time (again today). My Dad was in the hospital last nite – he just had another stroke and is in ICU (along with congestive heart failure). I am headed there now. Once we get situated I will continue online updates. I know how stressed many are – during this time.

______________________________________________________________

“Straight Talk Radio” Call!!

“for Dinar News that matters…”
8/06 (POSTPONED)

Click banner on mid-right of page!!

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Dinar Updates ‏@DinarUpdates 

 2m2 minutes ago

Decisions of the three presidencies’ meeting

http://www.dinarupdates.com/showthread.php?16818-Decisions-of-the-three-presidencies%92-meeting-8-5&p=125932&viewfull=1#post125932 …

Embedded image permalink
______________________________________________________________

Follow us on twitter @DinarUpdates !!

Don’t Miss “NEWS TIME” w/Millionday – Friday evening on CHAT at 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!

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

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

(Please note – we are posting daily News Articles slightly differently now)
______________________________________________________________

BGG ~ The last 24 hours has been a huge news cycle…

A parliamentary report: local banks smuggled billions of dollars through front companies run

http://www.dinarupdates.com/showthread.php?16869-A-parliamentary-report-local-banks-smuggled-billions-of-dollars-through-front-8-6

Three presidencies demanding urgent action to reform the state institutions

http://www.dinarupdates.com/showthread.php?16870-Three-presidencies-demanding-urgent-action-to-reform-the-state-institutions-8-6&p=126021&viewfull=1#post126021

Basra ports revenue decline and the closure of Shalamcheh port after the application of the customs tariff

http://www.dinarupdates.com/showthread.php?16868-Basra-ports-revenue-decline-and-the-closure-of-Shalamcheh-port-after-the-application&p=126018&viewfull=1#post126018

Scandal scandals .. the disappearance of $ 500 billion of Iraq’s money

Palm-confirmed honest parliamentary bloc that the reform of the electricity file depends on the detection of the files of corruption, combat and expose the corrupt and bring them to justice immediately and the confiscation of the money looted from the state.

The bloc said Chairman Hassan Salem at a press conference today that we support the peaceful protests demanding the legitimate rights and we urge our people to keep this peaceful demonstrations and not allowing infiltrators from spoilers seeking to thwart demonstrations and keep it away from the legitimate national goals. ”

He noted that “the replacement of the minister is not a solution but a prime means of combating corruption in all institutions and government departments.”

He called on political parties and blocs to “impartiality of its ministers and officials and hold them accountable start and leave them to the Prime Minister to punish the negligent and sack them, and to allow the Parliament and call for the purpose of questioning each Minister and hold him accountable.”

He stressed the need to “audit the contracts and projects for all departments and ministries and provinces through the formation of a parliamentary committee to monitor and audit the contracts and projects.”

He explained that “there is silence about $ 500 billion does not know its fate until this moment 11 years ago, and when addressing any cases of corruption and conspiracies hatched fabricate charges

http://www.dinarupdates.com/showthread.php?16862-Scandal-scandals-the-disappearance-of-500-billion-of-Iraq-s-money-8-5&p=126007&viewfull=1#post126007

______________________________________________________________

Sunday Afternoon Dinar Call!!

Live Q & A w/BGG – from 8/02

Click call banner on mid-right of page!!

Smart phone user link – Click here

Maliki delayed his arrest and a criminal conviction and punishment .. the International Criminal Court’s decision to refer Nuri al-Maliki and a group of his senior aides to court on charges of genocide.!

After the attempts of the three presidencies in Iraq to get rid of al-Maliki on behalf of Fuad Masum, Iraqi and criminalization on charges of treason for trying to put in good order, including the implementation Alumblyxiaoa military coup in Baghdad for the liquidation of the Government of Haider al-Abadi said the International Criminal Court’s decision to refer Nuri al-Maliki and his aides to court on charges of genocide.

Between the possibility of trials both possible for a criminal Nouri al-Maliki being suspicious transactions in the corridors of Almillah green to find a way out of the owners and all the ruling gang in Baghdad because the principle of quotas in the judgment also requires the quota system for the death of common crime which was carried out alliances Maliki and his Sunni and Shia at the domestic level in Iraq will receive punishment system also Safavid Tehran as the main perpetrator of what happened and is happening in Iraq.

The International Criminal Court’s decision to refer the Iraqi Prime Minister Nuri al-Maliki and a group of his senior aides to court on charges of genocide opens the door wide to condemn the ousted junta and the occupation of Iraq by the controller.

Quoting Mr. Mohamed Kaabi spokesman Court for the Middle East: that one of the agents of al-Maliki, who decides to refer them to the Court Lt. Gen. Farouk al-Araji, director of al-Maliki’s military office and Lt. Gen. Ali Ghaidan, commander of ground forces and Saadoun al-Dulaimi, the defense minister and the agency, Adnan al-Asadi Senior Agent Ministry of the Interior and the President Intelligence Zuhair Gharbaoui team Qassim Atta, director of operations at the intelligence service and the team called Hgati head of the anti-terrorism device.

He disclosed that the Court now has complete files crimes committed by al-Maliki and his aides, including the genocide in Anbar and Kirkuk and the blatant violation of human rights and follow the brutal methods of torture and violation of freedoms of citizens and contrary to the Geneva Conventions and the Charter of the United Nations and international law.

All human rights bodies in Iraq, and Jean-Arab and international human rights, provide files and evidence to criminalize Nuri al-Maliki and the pressure on the International Criminal Court to expedite the arrest of Nouri al-Maliki process before likely smuggled to Iran, and download the Iraqi government responsible for the protection of Nuri al-Maliki through the so-called immunity to him, by virtue of his job it is constitutional, as vice president of the Republic of Iraq, in addition to the actual leadership of organizations and non-governmental bodies and armed terrorist act outside the responsibility of the Iraqi government, entitled militias popular crowd, led by Nuri al-Maliki himself, and through declaring disobedience public on the decisions of the Green Government Almillah. And tomorrow to sight a close

http://www.dinarupdates.com/showthread.php?16871-Maliki-delayed-his-arrest-and-a-criminal-conviction-and-punishment-8-5&p=126026&viewfull=1#post126026

______________________________________________________________

Commercial Solicitation

_____________________________________________________________

CURRENCY CODE SELL BUY

US dollar USD 1166.000 1164.000

CURRENCY CODE SELL BUY
US dollar USD 1166.000 1164.000
Euro EUR 1268.958 1268.323
British pound GBP 1817.911 1817.002
Canadian dollar CAD 884.472 887.030
Swiss franc CHF 1190.403 1189.808
Swedish krona SEK 133.653 133.586
Norwegian krone NOK 141.067 140.996
Danish krone DKK 170.063 169.978
Japanese yen JPY 9.381 9.376
Special
Drawing Rights
SDR 1620.740 1619.930

Indicative rates – 08.06.2015

http://www.cbi.iq/

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

www.DinarUpdates.com

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – Aug 6th

Dinar Daily NEWS Blog – Aug 5th

Thank You to all our members, MODS, VIP’s, Chat Copiers and News Researchers at 

www.DinarUpdates.com

40 Million views and counting!!

_____________________________________________________________

Word for the day…

John 15:10-11 (NKJV)

10 If you keep My commandments, you will abide in My love, just as I have kept My Father’s commandments and abide in His love.

11 “These things I have spoken to you, that My joy may remain in you, and that your joy may be full.

Heavenly Father, Thank You for Your amazing love! Thank You for Your joy 🙂 In Jesus Name, Amen.

Mrs BGG

home7

Iraqi Dinar/Dollar auction 05-08-15

Currency Auctions Announcement No. (3007 – most recent listing)

This daily currency auction was held in the Central Bank of Iraq on the 05-08-2015

The results were as follows:

DETAILS NOTES
Number of banks 25
Number of remittance companies 8
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 344,412,918
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 344,412,918
Total offers for selling (US$) —–

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

Once you can honestly say, “I don’t know”, then it becomes possible to get at the truth. – Robert Heinlein

*** Current News ***

Join us for Round Table Chat w/Millionday @ 1:00PM EST – today in the DU Chat Room!!

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

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Dinar Updates ‏@DinarUpdates

Abadi: the Maliki government “spent” all Iraqi cash reserves!

http://www.dinarupdates.com/showthread.php?16642-Abadi-the-Maliki-government-quot-spent-quot-all-Iraqi-cash-reserves!&p=125683&viewfull=1#post125683 …

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Don’t Miss “NEWS TIME” w/Millionday – Wednesday evening on CHAT at 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!

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

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

(Please note – we are posting daily News Articles slightly differently now)
______________________________________________________________

CFTC Charges Illinois Resident Husam Tayeh, Dinar Corp., Inc., and My Monex, Inc. with Fraud and Other Violations Involving Foreign Currency Scheme

Federal Court Issues Emergency Order Freezing Assets and Protecting Books and Records

Washington, DC — The U.S. Commodity Futures Trading Commission (CFTC) today announced the unsealing of a civil enforcement action filed in the U.S. District Court for the Middle District of Alabama, charging Husam Tayeh of Oak Lawn, Illinois; Dinar Corp., Inc. (DCI), a Nevada corporation; and My Monex, Inc. (Monex NV), a Nevada corporation (collectively, the Defendants), with operating a fraudulent scheme involving foreign currency (forex), and failing to register with the CFTC as required by federal law. The CFTC Complaint further names Theodore S. Hudson, II and his company My Monex, Inc., an Alabama corporation (Monex AL), both of Dothan, Alabama, as Relief Defendants.

The CFTC Complaint was filed under seal on July 27, 2015, and that same date U.S. District Judge Myron H. Thompson issued an emergency Order freezing and preserving assets under Defendants’ and Relief Defendants’ control and prohibiting them from destroying documents or denying CFTC staff access to their books and records. The Court scheduled a hearing for August 10, 2015, on the CFTC’s separate motion for a preliminary injunction.

The Complaint alleges that beginning from at least January 2012 and continuing to the present (the relevant period), Tayeh, DCI, and Monex NV engaged, and are engaging, in a fraudulent scheme involving the offering of agreements, contracts or transactions in off-exchange forex on a leveraged, margined, or financed basis to retail customers who were not eligible contract participants (ECPs) and that do not result in actual delivery of forex within two (2) days of the transaction date(s). Defendants, who have never been registered as required with the CFTC, have engaged in more than $8 million of these illegal, off-exchange retail forex transactions.

Tayeh created and operates DCI and Monex NV, business entities that he uses to facilitate the Defendants’ fraudulent activities and that act as the counterparty(s) in the subject agreements, contracts or transactions in forex. Defendants operate their fraudulent scheme via the Internet through the use of their website, by offering, and entering into, transactions in forex with non-ECP retail customers that are leveraged, margined or financed by the Defendants, and that result in actual delivery of forex – if at all – within periods of not less than 15 days and as much as 120 days following the date of the transaction(s).

The Complaint further alleges that in furtherance of the fraudulent scheme, Tayeh, individually and on behalf of DCI and Monex NV, made, and continues to make, material misrepresentations and omit material facts in solicitations to actual and prospective customers via the website, including but not limited to: (1) representing that DCI operates a “fully licensed and fully compliant licensed money services business” but failing to disclose that DCI has been served with cease and desist orders in the states of Texas and Illinois for operating without required licenses; (2) representing that DCI and Monex NV provide the “best price guaranteed” and the “best prices up front all the time” but failing to disclose that the forex transactions they offer to retail customers include significant finance charges; (3) failing to disclose that DCI and Monex NV are each operating as a registered foreign exchange dealer (RFED) without being registered with the Commission as required; and (4) failing to disclose that Tayeh is acting as an associated person (AP) of an RFED(s) without being registered with the CFTC as required. Relief Defendants Hudson and Monex are alleged to have accepted funds from the Defendants to which they have no legitimate claim.

In its continuing litigation, the CFTC seeks restitution to defrauded customers, disgorgement of ill-gotten gains, a civil monetary penalty, permanent registration and trading bans, and a permanent injunction against future violations of federal commodities laws, as charged.

The CFTC appreciates the assistance of the Office of the United States Attorney for the Middle District of Alabama, the Alabama Securities Commission, the Federal Bureau of Investigation, the Dothan Alabama Police Department, and the Houston County Alabama Sheriff’s Office.

CFTC Division of Enforcement staff members responsible for this action are Timothy J. Mulreany, JonMarc P. Buffa, Kyong J. Koh, Patricia A. Gomersall, Joanna M. Lara, Tashieka Taylor, and Paul G. Hayeck, as well as Jeremy Christianson from the Office of Data and Technology.

* * * * * *

CFTC’s Foreign Currency (Forex) Fraud Advisory

The CFTC has issued several customer protection Fraud Advisories that provide the warning signs of fraud, including the Foreign Currency Trading (Forex) Fraud Advisory, which states that the CFTC has witnessed a sharp rise in Forex trading scams in recent years and helps customers identify this potential fraud.

Customers can report suspicious activities or information, such as possible violations of commodity trading laws, to the CFTC Division of Enforcement via a Toll-Free Hotline 866-FON-CFTC (866-366-2382) or file a tip or complaint online.

Media Contact
Dennis Holden
202-418-5088

http://www.cftc.gov/PressRoom/PressReleases/pr7206-15

______________________________________________________________

Sunday Afternoon Dinar Call!!

Live Q & A w/BGG – from 8/02

Click call banner on mid-right of page!!

Smart phone user link – Click here

Dinar Corp CIVIL Action…

Untitled

Full Document – PDF Link

FBI Searches Dothan Home

A home in the 300 block of Whatley Drive in Dothan was the target Wednesday of an apparent search by the Federal Bureau of Investigation. Agents wearing shirts identifying them as computer experts could be seen entering and exiting the residence.

The FBI declined to discuss the reason for the search and it’s not known if it is related to a company that the residents of the home appear to have been involved. There is also no indication if the search is related to a dismissed state lawsuit that involved a hold put on a banking account because of what a credit union calls a questionable international funds transfer.

Houston County records show the home is owned by Theodore and Starla Hudson. Alabama Secretary of State documents show the couple recently dissolved an incorporated business, MyMonex, several months after a lawsuit filed against it by Five Star Credit Union was settled.

The suit alleged that a large number of money orders were deposited into a Five Star Credit Union account belonging to the Hudsons beginning in late 2013, about the time documents show the company was incorporated. The credit union, according to court filings, placed a hold on the account because a “large” amount of funds wired one international recipient.
At the time the lawsuit was filed, the MyMonex account at Five Star had approximately $254,000 in it.

Also named in the lawsuit was Husam Tayeh who, according to the website WikiBusiness, is president, secretary, treasurer, and director of MyMonex, based in Nevada.
A law enforcement source, speaking on the condition of anonymity, said that the search in Dothan is related to a nationwide investigation. The source would not elaborate.

Neither the Hudsons nor Tayeh appear to have been accused of wrongdoing at this time. There’s no indication that they have been implicated in any illegal action.

http://www.wtvy.com/home/headlines/FBI-Searches-Dothan-Home-319506601.html

______________________________________________________________

Commercial Solicitation

_____________________________________________________________

CURRENCY CODE SELL BUY

US dollar USD 1166.000 1164.000

CURRENCY CODE SELL BUY
US dollar USD 1166.000 1164.000
Euro EUR 1279.452 1278.812
British pound GBP 1818.494 1817.584
Canadian dollar CAD 888.381 887.937
Swiss franc CHF 1204.048 1203.446
Swedish krona SEK 134.777 134.710
Norwegian krone NOK 142.138 142.067
Danish krone DKK 171.471 171.385
Japanese yen JPY 9.399 9.395
Special
Drawing Rights
SDR 1626.605 1625.792

http://www.cbi.iq/

Indicative rates – 08.05.2015

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

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – Aug 5th

Dinar Daily NEWS Blog – Aug 4th

Thank You to all our members, MODS, VIP’s, Chat Copiers and News Researchers at 

www.DinarUpdates.com

40 Million views and counting!!

_____________________________________________________________

Word for the day…

Romans 8:28 (NKJV)

28 And we know that all things work together for good to those who love God, to those who are the called according to His purpose.

Heavenly Father, we give You all the Praise, Honor, and Glory! Thank You for Your promise that all things work together for good to those who love You and are called according to Your purpose! In Jesus Name, Amen.

Mrs BGG

home7

Iraqi Dinar/Dollar auction 08-04-15

Currency Auctions Announcement No. (3006 – most recent listing)

This daily currency auction was held in the Central Bank of Iraq on the 08-04-2015

The results were as follows:

DETAILS NOTES
Number of banks 26
Number of remittance companies 7
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 352,843,781
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 352,843,781
Total offers for selling (US$) —–

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

If at first you don’t succeed, you’re probably doing it wrong. – Will Spencer

*** Current News ***

Due to severe technical difficulties – the call scheduled for today is postponed…

“Straight Talk Radio” Call!!

“Dinar News that matters…”
8/04 @ 3:30pm CST

Click call banner on mid-right of page!!

from 7/29 – Smart phone user link – Click here

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Dinar Updates ‏@DinarUpdates

Abadi: the Maliki government “spent” all Iraqi cash reserves!

http://www.dinarupdates.com/showthread.php?16642-Abadi-the-Maliki-government-quot-spent-quot-all-Iraqi-cash-reserves!&p=125683&viewfull=1#post125683 …

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Don’t Miss “NEWS TIME” w/Millionday – Tuesday evening on CHAT at 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!

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

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

(Please note – we are posting daily News Articles slightly differently now)
______________________________________________________________

CFTC Charges Illinois Resident Husam Tayeh, Dinar Corp., Inc., and My Monex, Inc. with Fraud and Other Violations Involving Foreign Currency Scheme

Federal Court Issues Emergency Order Freezing Assets and Protecting Books and Records

Washington, DC — The U.S. Commodity Futures Trading Commission (CFTC) today announced the unsealing of a civil enforcement action filed in the U.S. District Court for the Middle District of Alabama, charging Husam Tayeh of Oak Lawn, Illinois; Dinar Corp., Inc. (DCI), a Nevada corporation; and My Monex, Inc. (Monex NV), a Nevada corporation (collectively, the Defendants), with operating a fraudulent scheme involving foreign currency (forex), and failing to register with the CFTC as required by federal law. The CFTC Complaint further names Theodore S. Hudson, II and his company My Monex, Inc., an Alabama corporation (Monex AL), both of Dothan, Alabama, as Relief Defendants.

The CFTC Complaint was filed under seal on July 27, 2015, and that same date U.S. District Judge Myron H. Thompson issued an emergency Order freezing and preserving assets under Defendants’ and Relief Defendants’ control and prohibiting them from destroying documents or denying CFTC staff access to their books and records. The Court scheduled a hearing for August 10, 2015, on the CFTC’s separate motion for a preliminary injunction.

The Complaint alleges that beginning from at least January 2012 and continuing to the present (the relevant period), Tayeh, DCI, and Monex NV engaged, and are engaging, in a fraudulent scheme involving the offering of agreements, contracts or transactions in off-exchange forex on a leveraged, margined, or financed basis to retail customers who were not eligible contract participants (ECPs) and that do not result in actual delivery of forex within two (2) days of the transaction date(s). Defendants, who have never been registered as required with the CFTC, have engaged in more than $8 million of these illegal, off-exchange retail forex transactions.

Tayeh created and operates DCI and Monex NV, business entities that he uses to facilitate the Defendants’ fraudulent activities and that act as the counterparty(s) in the subject agreements, contracts or transactions in forex. Defendants operate their fraudulent scheme via the Internet through the use of their website, by offering, and entering into, transactions in forex with non-ECP retail customers that are leveraged, margined or financed by the Defendants, and that result in actual delivery of forex – if at all – within periods of not less than 15 days and as much as 120 days following the date of the transaction(s).

The Complaint further alleges that in furtherance of the fraudulent scheme, Tayeh, individually and on behalf of DCI and Monex NV, made, and continues to make, material misrepresentations and omit material facts in solicitations to actual and prospective customers via the website, including but not limited to: (1) representing that DCI operates a “fully licensed and fully compliant licensed money services business” but failing to disclose that DCI has been served with cease and desist orders in the states of Texas and Illinois for operating without required licenses; (2) representing that DCI and Monex NV provide the “best price guaranteed” and the “best prices up front all the time” but failing to disclose that the forex transactions they offer to retail customers include significant finance charges; (3) failing to disclose that DCI and Monex NV are each operating as a registered foreign exchange dealer (RFED) without being registered with the Commission as required; and (4) failing to disclose that Tayeh is acting as an associated person (AP) of an RFED(s) without being registered with the CFTC as required. Relief Defendants Hudson and Monex are alleged to have accepted funds from the Defendants to which they have no legitimate claim.

In its continuing litigation, the CFTC seeks restitution to defrauded customers, disgorgement of ill-gotten gains, a civil monetary penalty, permanent registration and trading bans, and a permanent injunction against future violations of federal commodities laws, as charged.

The CFTC appreciates the assistance of the Office of the United States Attorney for the Middle District of Alabama, the Alabama Securities Commission, the Federal Bureau of Investigation, the Dothan Alabama Police Department, and the Houston County Alabama Sheriff’s Office.

CFTC Division of Enforcement staff members responsible for this action are Timothy J. Mulreany, JonMarc P. Buffa, Kyong J. Koh, Patricia A. Gomersall, Joanna M. Lara, Tashieka Taylor, and Paul G. Hayeck, as well as Jeremy Christianson from the Office of Data and Technology.

* * * * * *

CFTC’s Foreign Currency (Forex) Fraud Advisory

The CFTC has issued several customer protection Fraud Advisories that provide the warning signs of fraud, including the Foreign Currency Trading (Forex) Fraud Advisory, which states that the CFTC has witnessed a sharp rise in Forex trading scams in recent years and helps customers identify this potential fraud.

Customers can report suspicious activities or information, such as possible violations of commodity trading laws, to the CFTC Division of Enforcement via a Toll-Free Hotline 866-FON-CFTC (866-366-2382) or file a tip or complaint online.

Media Contact
Dennis Holden
202-418-5088

http://www.cftc.gov/PressRoom/PressReleases/pr7206-15

______________________________________________________________

Sunday Afternoon Dinar Call!!

Live Q & A w/BGG – from 8/02

Click call banner on mid-right of page!!

Smart phone user link – Click here

Dinar Corp CIVIL Action…

Untitled

Full Document – PDF Link

FBI Searches Dothan Home

A home in the 300 block of Whatley Drive in Dothan was the target Wednesday of an apparent search by the Federal Bureau of Investigation. Agents wearing shirts identifying them as computer experts could be seen entering and exiting the residence.

The FBI declined to discuss the reason for the search and it’s not known if it is related to a company that the residents of the home appear to have been involved. There is also no indication if the search is related to a dismissed state lawsuit that involved a hold put on a banking account because of what a credit union calls a questionable international funds transfer.

Houston County records show the home is owned by Theodore and Starla Hudson. Alabama Secretary of State documents show the couple recently dissolved an incorporated business, MyMonex, several months after a lawsuit filed against it by Five Star Credit Union was settled.

The suit alleged that a large number of money orders were deposited into a Five Star Credit Union account belonging to the Hudsons beginning in late 2013, about the time documents show the company was incorporated. The credit union, according to court filings, placed a hold on the account because a “large” amount of funds wired one international recipient.
At the time the lawsuit was filed, the MyMonex account at Five Star had approximately $254,000 in it.

Also named in the lawsuit was Husam Tayeh who, according to the website WikiBusiness, is president, secretary, treasurer, and director of MyMonex, based in Nevada.
A law enforcement source, speaking on the condition of anonymity, said that the search in Dothan is related to a nationwide investigation. The source would not elaborate.

Neither the Hudsons nor Tayeh appear to have been accused of wrongdoing at this time. There’s no indication that they have been implicated in any illegal action.

http://www.wtvy.com/home/headlines/FBI-Searches-Dothan-Home-319506601.html

______________________________________________________________

Commercial Solicitation

_____________________________________________________________

CURRENCY CODE SELL BUY

US dollar USD 1166.000 1164.000

CURRENCY CODE SELL BUY
US dollar USD 1166.000 1164.000
Euro EUR 1276.887 1276.248
British pound GBP 1818.960 1818.051
Canadian dollar CAD —– —–
Swiss franc CHF 1205.542 1204.939
Swedish krona SEK 135.278 135.210
Norwegian krone NOK 141.868 141.797
Danish krone DKK 171.131 171.045
Japanese yen JPY 9.398 9.393
Special
Drawing Rights
SDR 1625.754 1624.941

Indicative rates – 08.04.2015

http://www.cbi.iq/

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Dinar Daily NEWS Blog – Aug 3rd

Thank You to all our members, MODS, VIP’s, Chat Copiers and News Researchers at 

www.DinarUpdates.com

40 Million views and counting!!

_____________________________________________________________

Word for the day…

John 15:16 (NKJV)

16 You did not choose Me, but I chose you and appointed you that you should go and bear fruit, and that your fruit should remain, that whatever you ask the Father in My name He may give you.

Heavenly Father, thank You for choosing us! Help us to be fruitful for the Kingdom of God every day. In Jesus Name, Amen.

Mrs BGG

home7

Iraqi Dinar/Dollar auction 08-03-15

Currency Auctions Announcement No. (3005 – most recent listing)

This daily currency auction was held in the Central Bank of Iraq on the 08-03-2015

The results were as follows:

DETAILS NOTES
Number of banks 22
Number of remittance companies 4
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 272,056,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 272,056,000
Total offers for selling (US$) —–

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

It’s not the size of the dog in the fight, it’s the size of the fight in the dog. – Mark Twain

*** Current News ***

DO NOT MISS Round Table Chat w/Millionday @ 1:00PM EST – today in the DU Chat Room!!

Read More: http://www.dinarupdates.com/
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Live Q & A w/BGG – from 8/02

Click call banner on mid-right of page!!

Smart phone user link – Click here

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Dinar Updates ‏@DinarUpdates  17m17 minutes ago

Jubouri calls the government to speed up the transfer of powers to the provinces

http://www.dinarupdates.com/showthread.php?16528-Jubouri-calls-gov-t-to-speed-up-transfer-of-powers-8-ministries-to-provinces-8-2&p=125523&viewfull=1#post125523 …

Embedded image permalink

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Don’t Miss “NEWS TIME” w/Millionday – Monday evening on CHAT at 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!

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

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

(Please note – we are posting daily News Articles slightly differently now)
______________________________________________________________

CBI Announcement (Translated)

“Central Bank of Iraq will launch futures delivery in USD bonds”

Statement issued by the Central Bank of Iraq

Central Bank of Iraq will launch futures delivery in USD bonds (bearer) on behalf of the Ministry of Finance dated 08/02/2015 and ending on the date 8/31/2015 issuing of four categories (2500,10000,50000,100000) US dollars and the total amount of (2) billion US dollars (US $ billion).

Will be sold through the Central Bank of Iraq in Iraqi dinars at a price (1095) (one thousand ninety-five) dinars per US dollar and payable by the Ministry of Finance 12/31/2016 and paid in US dollars at maturity.

It offers all purchase orders banks to the Bank and restrict the amounts we have to open their accounts we have, whether the bonds to the bank or on behalf of the public (natural or legal persons) who have a current account at the bank and offers the purchase to the bank request directly to the bank in turn buy those bonds to his customers by buying advance to the Central Bank of Iraq form, and can use those bonds as collateral for loans or facilities or any transactions require collateral.

Central Bank of Iraq

Baghdad
07/26/2015

Original Link:
http://www.cbi.iq/documents/Announcemen27-7-2015.pdf

Supreme Council refuses to Maliki’s coalition candidate for the presidency of the National Alliance

https://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.xendan.org%2Farabic%2FdrejaA.aspx%3F%3Dhewal%26jmara%3D12094%26Jor%3D2&edit-text=

BGG Notes: Hakim says “NO” to Maliki’s leadership…

______________________________________________________________

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Civil Alliance holds al-Maliki responsible for the power crisis

Khandan -ali Naji – Download MP for the Civic Democratic Alliance high-Sheikh Ali, former Prime Minister Nuri al-Maliki responsible for the power crisis, the wasted $ 27 billion dedicated to address the power crisis in the country.

Sheikh Ali said in a press conference held by the House of Representatives and attended by the correspondent “Khandan” that “Maliki is responsible for squandering $ 27 billion was earmarked for improving energy power during his premiership,” adding that “the only responsible for the deterioration of the electric power is al-Maliki, and not the current Prime Minister or the current Minister of electricity. ”

He pointed out that “yesterday the protest demonstrations were people express rejection of the policies of the government over electricity, especially relating to corruption”, criticizing some of the media “for non-coverage of the demonstrations yesterday because she was shy coverage.”

The MP for the Civil Alliance that “the demands of the demonstrators confined to the return of electricity, accounting file corruption involved in this aspect and bring $ 27 billion that fudged al-Maliki.”

http://www.dinarupdates.com/showthread.php?16510-Civil-Alliance-holds-al-Maliki-responsible-for-the-power-crisis-8-01&p=125495&viewfull=1#post125495

Millionday News Time – 8-02-15

Thanks to DinarRecaps.com for posting Millionday News Time

Millionday: It is under the patronage of the Prime Minister Haider al-Abadi, on Thursday, the launch of the national campaign to simplify government procedures.
Said campaign coordinator Ahmed Hamdan, in a statement to / scales News /: “The campaign is under the patronage of the Prime Minister Haider al-Abadi under the slogan” Your government serving you “kicks off Thursday in Baghdad at the level of political and diplomatic presence.”

Millionday: NOTE — THIS WOULD BE THIS WEEK

Millionday: “The audience includes deputy prime ministers, ministers, and most of the Arab and foreign ambassadors in Iraq, in addition to missions and international organizations operating in Iraq, and the Governor of the Central Bank, and most of the heads of political blocs and parties, and dignitaries prominent in the community and personalities.”

Millionday: SO OBVIOUSLY WE ARE VERY EXCITED TO SEE WHAT THIS BRINGS — WHOOOPOW
===============================

Millionday: National Expert Group announced to promote the private sector, on Sunday, to finalize the program for the development of the industrial and tourism sectors in Iraq, and as pointed out that the software application combined with a series of actions, including soft loans worth six trillion Iraqi dinars, confirmed that the government had promised to implement the program within a week or two weeks.

Millionday: NOTE — THEY SEEM TO BE CONFIDENT THAT THEY WILL BE IN A POSITION TO ACTIVATE THE PRIVATE SECTOR AND — THIS IS HUGE
~~~
Read More: http://www.dinarupdates.com/showthread.php?16593-Millionday-News-8-2-15
_____________________________________________________________

Commercial Solicitation

_____________________________________________________________

CURRENCY CODE SELL BUY

US dollar USD 1166.000 1164.000

CURRENCY CODE SELL BUY
US dollar USD 1166.000 1164.000
Euro EUR 1286.098 1285.455
British pound GBP 1823.741 1822.829
Canadian dollar CAD 904.367 903.915
Swiss franc CHF 1212.184 1211.578
Swedish krona SEK 135.542 135.474
Norwegian krone NOK 142.939 142.868
Danish krone DKK 172.368 172.282
Japanese yen JPY 9.438 9.434
Special
Drawing Rights
SDR 1631.234 1630.418

http://www.cbi.iq/

Indicative rates – 08.02.2015

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

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Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – Aug 3rd

Dinar Daily NEWS Blog – Aug 2nd

Thank You to all our members, MODS, VIP’s, Chat Copiers and News Researchers at 

www.DinarUpdates.com

40 Million views and counting!!

_____________________________________________________________

Word for the day…

John 15:12 (NKJV)

12 This is My commandment, that you love one another as I have loved you.

Heavenly Father, Thank You for Your amazing love! Help us to love one another as You have loved us! In Jesus Name, Amen.

Mrs BGG

home7

Iraqi Dinar/Dollar auction 07-29-15

Currency Auctions Announcement No. (3004 – most recent listing – no change)

This daily currency auction was held in the Central Bank of Iraq on the 07-29-2015

The results were as follows:

DETAILS NOTES
Number of banks 25
Number of remittance companies 10
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 271,668,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 271,668,000
Total offers for selling (US$) —–

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

Anyone who has never made a mistake has never tried anything new. – Albert Einstein

*** Current News ***

______________________________________________________________

Sunday Afternoon Dinar Call!!

Live Q & A w/BGG – from 8/02

Click call banner on mid-right of page!!

Smart phone user link – Click here

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Parliament: Iraq situation “embarrassing” for the failure to approve the money laundering law

http://www.dinarupdates.com/showthread.php?16443-Iraq-before-the-situation-quot-embarrassing-quot-for-failure-to-approve-money-laundering-law&p=125408&viewfull=1#post125408 …

Embedded image permalink

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Don’t Miss “NEWS TIME” w/Millionday – Sunday evening on CHAT at 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!

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

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

(Please note – we are posting daily News Articles slightly differently now)
______________________________________________________________

Abadi confiscated Maliki’s plane

Palm-issued Iraqi Prime Minister Haider al-Abadi, an order to confiscate private plane with Vice President of the Republic, former Prime Minister Nuri al-Maliki, and forwarded to the “Iraqi Airways”. Sent General Secretariat of the Council of Ministers a letter to the Ministry of Transport, an approach in which the transfer of private ownership Maliki presidential plane, to the company “Iraqi Airways”, and registered name of the company.

The book explained that the plane made a gift from Iran to Iraq at a time when Nuri al-Maliki as prime minister, registered the plane in his name, and the day had to be transferred to the company, “airlines” of the Iraqi Ministry of Transport, calling for the formation of a committee of experienced and competent to conduct detection on the plane, and install and unchanged reality, a statement of disposition, according to the controls. In a related context, revealed a source in the company, “Iraqi Airways”, rejection of al-Maliki, the aircraft delivery, although his company by the claims, saying during his speech for the “new Arab”, that “airlines addressed through the Ministry of Transport Maliki’s office more than once without getting a satisfactory answer. ”

Previously, sources in the Iraqi Council of Ministers, confirmed that al-Maliki’s refusal, delivered his private plane to the custody of the new government; being a gift from Iran, indicating that the gift was for the government in his capacity as prime minister and not someone al-Maliki, who is now focused Therifia.

She explained that the plane refused to hand over a buzz and disquiet among close to Abadi. It is noteworthy that the plane, which was used by al-Maliki, the Iraqi aircraft originally, landed in Iranian territory within dozens of aircraft ordered by former Iraqi President Saddam Hussein, transferred to Tehran during the 1991 Gulf War for fear of being targeted American Aviation.

http://www.dinarupdates.com/showthread.php?16478-Abadi-confiscated-Maliki-s-plane-8-1-2015&p=125451&viewfull=1#post125451

Urgent Committee of Mosul fall recommends PM to sack military leaders

US newspaper: Iraq’s economy is running on fumes money vanishing

Breaking News Parliament Saturday session starts to read 8 law drafts 2015

Document: Cabinet imposes a sales tax of 20% on mobile phone companies

Urgent: we face a state of agitation and demonstrations citizens a wake-up call

Kanani: the Iraqi economy will rise soon after investment interest and support

General Administration of Customs proceed with the application of tariff

Tomorrow Press / Baghdad: The General Authority for Customs revealed that she began Saturday, the application of the tariff in ports, airports and border crossings land according to the law enacted by the House of Representatives. The Director General of the Commission Hakim Jassim for “tomorrow Press,” that “the body is an executive receives FAQ from the Ministry of Almalaht, noting that “the Commission directed the application of tariff law in the first of the current August.” He added that “the Commission directed its outlets in ports, airports, ports, land border, including those in Kurdistan that the province apply the law,” noting that “the Commission has completed all the administrative preparations and computational amendment fee rates in accordance with the pricing of the tariff law in all customs centers on “. He said Jassim said “the Commission directed its staff to computational commitment that have occurred on goods entering the country under the new law, as well as ensuring the smooth flow of the completion of customs formalities as soon as possible,” stressing that ” application of the law would encourage the private sector to run small and medium-sized laboratories. ” He noted that “fee rate starts from exempt to 20 percent.” The Ministry of Finance has decided last March, begin applying the customs end of next June tariff after last year futures more than once because of the demand by some countries, traders and activate the new tariff law is canceled the old law subject by the civil governor of Iraq after 2003, Paul Bremer, who is serving to pay 5% tax on all goods imported from outside the country.

http://www.dinarupdates.com/showthread.php?16489-General-Administration-of-Customs-proceed-with-the-application-of-tariff-08-01-2015&p=125464&viewfull=1#post125464

______________________________________________________________

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Civil Alliance holds al-Maliki responsible for the power crisis

Khandan -ali Naji – Download MP for the Civic Democratic Alliance high-Sheikh Ali, former Prime Minister Nuri al-Maliki responsible for the power crisis, the wasted $ 27 billion dedicated to address the power crisis in the country.

Sheikh Ali said in a press conference held by the House of Representatives and attended by the correspondent “Khandan” that “Maliki is responsible for squandering $ 27 billion was earmarked for improving energy power during his premiership,” adding that “the only responsible for the deterioration of the electric power is al-Maliki, and not the current Prime Minister or the current Minister of electricity. ”

He pointed out that “yesterday the protest demonstrations were people express rejection of the policies of the government over electricity, especially relating to corruption”, criticizing some of the media “for non-coverage of the demonstrations yesterday because she was shy coverage.”

The MP for the Civil Alliance that “the demands of the demonstrators confined to the return of electricity, accounting file corruption involved in this aspect and bring $ 27 billion that fudged al-Maliki.”

http://www.dinarupdates.com/showthread.php?16510-Civil-Alliance-holds-al-Maliki-responsible-for-the-power-crisis-8-01&p=125495&viewfull=1#post125495

Millionday News Time – 8-01-15

Thanks to DinarRecaps.com for posting Millionday News Time

Millionday: Prime Minister Haider al-Abadi an emergency meeting with Minister of Electricity and ministry staff to follow up the electricity problems and weakening the system and the need to make further efforts to increase the hours of processing power to citizens and the fight against corruption.

Hundreds of demonstrators gathered after Friday afternoon in Tahrir Square in central Baghdad to protest the lack of electricity and other services provided and demanding the government to contain corruption.

He told activists Twilight News that the security forces have harassed the demonstrators to prevent the arrival of a lot of them from the Karkh district, but they reported that a series of security measures and locked in Tahrir Square.

Millionday: NOTE — THE CITIZENS ARE ADDING PRESSURE TO THE GOVERNMENT FOR MUCH NEEDED SERVICES

Millionday: The prevailing feelings of resentment across the country, despite repeated promises by the Iraqi government to end the crisis of chronic power shortages and repeated interruptions for long periods. And increasing population curse on poor electricity service in the summer where the temperature exceeds fifty Celsius.

Successive Iraqi governments have spent money on the electricity sector amounts of money over the past decade but the frequent interruptions come on top of complaints from citizens who are also protesting against corruption and poverty.

Millionday: NOTE — OBVIOUSLY THEY ARE VERY TIRED OF BROKEN PROMISES — TERRIBLE PROBLEMS STEMMING FROM POVERTY AND AS WE CAN IMAGINE POWER ETC
~~~

Read More: http://www.dinarupdates.com/showthread.php?16499-Millionday-News-Time-8-1-15
_____________________________________________________________

Commercial Solicitation

_____________________________________________________________

CURRENCY CODE SELL BUY

US dollar USD 1166.000 1164.000

CURRENCY CODE SELL BUY
US dollar USD 1166.000 1164.000
Euro EUR 1285.515 1284.872
British pound GBP 1817.911 1817.002
Canadian dollar CAD 901.500 901.049
Swiss franc CHF 1207.915 1207.311
Swedish krona SEK 136.617 136.549
Norwegian krone NOK 142.494 142.423
Danish krone DKK 172.286 172.200
Japanese yen JPY 9.470 9.465
Special
Drawing Rights
SDR 1629.345 1628.530

Indicative rates – 08.02.2015

http://www.cbi.iq/

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

www.DinarUpdates.com

 

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – Aug 2nd

Dinar Daily NEWS Blog – Aug 1st

Thank You to all our members, MODS, VIP’s, Chat Copiers and News Researchers at 

www.DinarUpdates.com

40 Million views and counting!!

_____________________________________________________________

Word for the day…

John 15:16 (NKJV)

16 You did not choose Me, but I chose you and appointed you that you should go and bear fruit, and that your fruit should remain, that whatever you ask the Father in My name He may give you.

Heavenly Father, Thank You for choosing us! Help us to be fruitful for the Kingdom of God every day. In Jesus Name, Amen.

Mrs BGG

home7

Iraqi Dinar/Dollar auction 07-29-15

Currency Auctions Announcement No. (3004 – most recent listing – no change)

This daily currency auction was held in the Central Bank of Iraq on the 07-29-2015

The results were as follows:

DETAILS NOTES
Number of banks 25
Number of remittance companies 10
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 271,668,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 271,668,000
Total offers for selling (US$) —–

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

Giving money and power to government is like giving whiskey and car keys to teenage boys. – P.J. O’Rourke

*** Current News ***

______________________________________________________________

Poppy – I ADVISE NOT TO PLACE ANY ORDERS FOR DINAR AT THIS TIME WITH ANYONE. THINGS ARE BEING SAID – I, PERSONALLY, WILL WAIT TILL THE OWNERSHIP OF DINAR CORP ADVISES THEIR STATUS BEFORE ANY FURTHER ORDERS.

THIS MAY BE A PROBLEM OR MAY NOT. I JUST CAME IN THE HOUSE AND GOT A CALL OF WARNING . THIS IS NOTHING TO PANIC ABOUT AT THIS TIME TILL FACTS ARE KNOWN.

TUNE IN TO DINARUPDATES.COM FOR ANY FURTHER NEWS.
POPPY3

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

Follow us on twitter @DinarUpdates !!

now

Chalabi reveals: $10 million to develop a picture of al-Maliki in Beirut [for] his third term

Embedded image permalink

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Don’t Miss “NEWS TIME” w/Millionday – Saturday evening on CHAT at 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!

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

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

(Please note – we are posting daily News Articles slightly differently now)
______________________________________________________________

Arthur ~ AS FOR OUR INVESTMENT, I KNOW ALL THE PLACES WE HAVE BEEN IN ALL THESE YEARS AND EVERY SO OFTEN WE HIT MOMENTS IN TIME WHERE EVERYTHING SORT OF COMES TOGETHER IN SO MANY DIFFERENT WAYS THAT, DESPITE ALL THE SKEPTICISM WE HAVE LEARNED TO MUSTER IN OUR WELL LEARNED AND WELL DESERVED NUMBNESS WE SAY THIS COULD REALLY BE IT. AS WE WENT THROUGH THIS JOURNEY THOSE MOMENTS USED TO BE AS FREQUENT AS WEEKLY….THEN THEY BECAME ONLY AT THE END OF MONTHS…THEN THEY DWINDLED TO QUARTERLY AND SOMETIMES LONGER BUT EVERY SO OFTEN WE GET ONE AND WHEN WE DO THEY ARE QUITE EXCITING EVEN THOUGH SO FAR NONE OF THEM HAVE RESULTED IN OUR ULTIMATE REWARD.

WELL MY RVFFL, WE ARE DEFINITELY AND I EMPHATICALLY MEAN DEFINITELY WE ARE AT ONE OF “THE MOTHER OF ALL THOSE EXCITING TIMES”.

JUST AS A LOT OF YOU, I HAVE TRIED MY BEST TO THINK OF ALL THE REASONS WHY THIS IS JUST LIKE ANY OTHER TIME. THIS ONE HAS ALL THE MAKINGS OF THE BEST WINDOW I MAY HAVE EVER SEEN TO DATE.

I WOULD HAVE TO WRITE A NOVEL AS TO THE SPECIFICS WHY I HAVE THIS STRONG POSITIVE FEELING ABOUT AUGUST AND SEPTEMBER AND I’M SURE A LOT OF YOU ARE LEARNED AND CONVERSANT ENOUGH ABOUT OUR INVESTMENT AFTER ALL THESE YEARS TO KNOW A LOT OF THOSE REASONS BUT SUFFICE TO SAY ALL THE TELL TELL SIGNS WE HAVE ALWAYS BEEN LOOKING FOR APPEAR TO BE THERE THIS TIME.

I AM NOT GONNA’ GO INTO THE INTEL I HAVE FROM 4 STATES ALL THE WAY UP TO THE AMERICAN SENATE LEVEL, TO THE 2 OR 3 CONTACTS I STILL TRUST IN THE MIDDLE EAST. EVERYONE OF THEM ARE SAYING THERE IS SOMETHING ABOUT TO HAPPEN WITH THE IQD. BEYOND INTEL THAT HAS PROVEN TO BE MOSTLY CLUELESS OVER THE YEARS THOUGH THERE ARE THE FACTS ON THE GROUND THAT WE CAN SEE AND VERIFY WITH OUR OWN EYES. BUT I ASK YOU TO LOOK AT WHAT COULD BE THE MAIN FACTOR RIGHT NOW WHICH IS THE FACT THAT THE GOI IS UP AGAINST AN EVER GROWING THREAT OF IMMINENT CIVIL WAR.

I DO NOT BELIEVE THE PTB, EVEN IF THERE ARE FACTIONS WITHIN IT THAT HAVE BEEN HOLDING THIS UP THAT WILL LET IT GET TO THAT POINT AND I HAVE FACTUAL UNDENIABLE INTEL COMING FROM IRAQ LEADING ME TO BELIEVE WE ARE RIGHT ON THAT THRESHOLD.

ONE OF MY MOST TRUSTED CONTACTS TOLD ME, AND I QUOTE “GOOD LUCK GETTING THROUGH THE WHOLE MONTH OF AUGUST WITHOUT TOTAL AND CATASTROPHIC IRAQI GOI/PARLIAMENT IMPLOSION IF THERE IS NOT REAL MONETARY AND CURRENCY REFORM IMMEDIATELY.”

THERE ARE NO MORE CANS TO KICK NOR ROADS TO KICK IT DOWN. EVEN AS EARLY AS WITHIN THE NEXT 48 HOURS WE WILL HAVE SOME ANSWERS AS TO RATHER TAXES AND TARIFFS ARE IMPLEMENTED ALONG WITH SOME UPWARD PIPS IN THE MOVEMENT IN THE DINAR AND ITS POSSIBLE MOVEMENT FROM EXOTIC TO INTERNATIONAL. THE NEXT COUPLE OF WEEKS SHOULD TELL US A WHOLE LOT AS TO RATHER THIS COULD REALLY AFTER ALL THESE YEARS BE OUR MOMENT. STAY TUNED! ~ Arthur

Randy Koonce E-Mail…

How are you makin’ it? First Off I won the Nigerian Lottery so I am set as it is…….Man it is great to win multiple times in a row.

Ok – I am sending this out because it is rumored I retired to Belize and cashed in my lottery winnings…… but no, I am waiting on the dinar so that I can be rich enough to get away from the dinar rumors.

One of the biggest things that we have going for us right now is the tariffs they are going to start on the 1st of August. At least they are supposed to...The papers are saying that they are so lets just say they are…. They have to have an RV to implement the Tariffs so that is why they have moved the tariffs so much because our President has requested Iraq to do so……. and we believe the upper Parliament members received compensation to do so because of all the flack they would have to endure. Now no one would be able to prove the later except why else would Iraq not do what is right for it’s country and was begging to RV last year and just months ago.

The reason they did not RV yet was the President. Again people want to argue with me and I say the whole world wanted the RV to take place monts ago to even a year ago and it did not happen… Iraq wanted it along with the world so the only person who did not want it to happen was our President… these facts all add up to our President stopping Iraq from the RV…. Also we did have intel to this fact…

Now that the President has run out of excuses for not letting Iraq pay the Kurds he is going to have to pay Barzani which has lead to Iraq starting the tariff articles…. Also another major article came out with the bonds selling at 1095 anybody in there right mind should have caught that article as bogus…….. that was disquise the rate it will actually come out…. One of the things we know is the provisional budget that they were going to pay Barzani was going to be in effect from October to the January… and the rate was going to be in the 1.00 to 1.23 range and they were then going to pay Barzani a portion of the back oil that is owed him and then in a few months re-RV and pay the rest…….

When the Tariffs take place on the first the Rate should be in the same range it could be a little higher depending on the last arrangement on the HCL that Barzani negotiated.

So Unless Parliament changes the date again.. Which they do not meet until next Thursday….. or there is a loophole none of us know about then we should see the RV prior to the tariffs if we do not see it then there was a loophole that none of us know about and Obama got his way again….

Keep your chin up we are very close even if we do not see on the 1st the excuses are running thin….

So to sum up we know they need RV before tariffs, and the bond article is bogus…. and Barzani is needing his money….. GO Barzani….

We are close… Every large bank will exchange… RELAX the RV is coming… Barzani is the Person that has to be paid… and Iraq nor the US can do this without Money and the only way for that is RV…

Breathe…

Check www.cbi.iq every day to see if it has changed… do not take a guru or a post about in country RV or any thing else do not be fooled just check the CBI

Do not let your emotions get to you.

BREATHE – BREATHE…. Yes I will do a meeting after the RV…… do not worry I will send out email…

______________________________________________________________

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Millionday News Time – 7-31-15

Thanks to DinarRecaps.com for posting Millionday News Time

Millionday: THERE IS SOME VERY IMPORTANT MOVEMENT TODAY AND IT IS HARD TO ADJUST HOW TO PRESENT THE POINT —

Millionday: LETS LOOK, HERE WE GO AND WE WILL TRY TO ADD MORE AS WE GO ON

Millionday: The office of Prime Minister, Haider al-Abadi, announced signing a Memorandum of Understanding with the USA and UN to rebuild the liberated areas in Iraq.

Statement by Abadi’s office cited “Abadi signed the MoU with the USA and UN to execute the US’s grant over rebuilding the liberated areas in Iraq where the USA will start the rebuilding process to help in the return of the displaced families to their residences.

Millionday: SO OF COURSE THE HUGE STEP IS TO BRING THE CITIZENS HOME BUT THE HELP IS FROM MANY INCLUSIVE OF US NO DOUBT OF COURSE

Millionday: NOW END OF THAT REPORT BUT BEFORE WE MOVE FORWARD LETS READ THE PLANS/EXPLANATION OF THE FUNDING MOVE
~~~

Read More: http://www.dinarupdates.com/showthread.php?16403-Millionday-News-7-31-15

Round Table Chat w/Millionday (mid-day) – 7-31-15

Thanks to DinarRecaps.com for posting Round Table Chat w/Millionday

Millionday: WELCOME TO ROUND TABLE EVERYONE

Millionday: Hold the House of Representatives, on Saturday its regular reading of the ten bills. ”

And will include the agenda of the meeting according to a statement of the Council received / scales News / copy of which was “the first reading of the draft first amendment to the law ownership claims body,

and the first reading of the draft accession of the Republic of Iraq to the Convention on Nuclear Safety Joint Convention law on the Safety of Spent Fuel Management and the Safety of Radioactive Waste Management “.
~~~

Read More: http://www.dinarupdates.com/showthread.php?16375-Millionday-Roundtable-7-31-15
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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 1285.515 1284.872
British pound GBP 1817.911 1817.002
Canadian dollar CAD 901.500 901.049
Swiss franc CHF 1207.915 1207.311
Swedish krona SEK 136.617 136.549
Norwegian krone NOK 142.494 142.423
Danish krone DKK 172.286 172.200
Japanese yen JPY 9.470 9.465
Special
Drawing Rights
SDR 1629.345 1628.530

Indicative rates – 08.01.2015

http://www.cbi.iq/

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