THE DINAR OBSERVER DAILY July 28th

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*** Current Posts ***

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Monday Round Table w/Millionday Part 1

Monday Round Table 7/28/14    Post By Rudie

Welcome to www.dinarupdates.com with Millionday

[millionday] i have seen something that was a wonderful site  i mean for sore eyes too

[millionday] has anyone noticed what is going on with the banks

[millionday] i have to say i have reported on the banking and have not seen any movement but

[millionday] BUT SMILE YES LET ME GET SOME THINGS TO SHOW YOU  BRB
~~~

Read More: http://www.dinarupdates.com/showthread.php?14184-millionday-news-7-23

And seen on: DinarReCaps.com
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BGG ~ ARTICLE: “…A source from the National Alliance, the four-way meeting was held yesterday evening between the head of the National Alliance, Ibrahim al-Jaafari and Parliament Speaker Salim al and Fuad Masum, President of the Republic and the President of the Federal Court Medhat al-Mahmoud to discuss the biggest bloc in parliament…”

BGG ~ This article is saying al-Jubouri, Massoum, Medhat al-Mahmound and al-Jaafari met and decided the NA would be the ones to form the next GOI – not the SLC singularly. It goes on to say (translated) Massoum will call the NA to proceed later this week (essentially – based on the Eid al-Fitr timeline). HUGE NEWS…

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

BGG ~ turn out the lights Maliki – the party is OVER!!
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Monday Round Table w/Millionday Part 2

Monday Round Table 7/28/14    Post By Rudie

Welcome to www.dinarupdates.com with Millionday

[millionday] FOR THE DECLARATION — LOVE IT

[millionday] He explained that “the budget of the most important benefits of the citizen and the government in the development, construction and implementation of the projects, and the lack of adoption of the budget of the previous parliament contributed to disrupt thousands of service projects, health and development.

And the Net that “the budget for fiscal 2015 Sthoudy great specificity of the state, because of the stalled projects and emergency conditions of the country in the fight against terrorism and the consequent financial benefits.”
~~~

Read More: http://www.dinarupdates.com/showthread.php?14184-millionday-news-7-23

And seen on: DinarReCaps.com
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WMAwhite - two to three weeks ago I thought Maliki still had a chance to survive this. However, with al-Sistani speaking up and calling for a change, many within the SoL now have jumped ship using al-Sistani as cover. I believe Maliki is history.
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Tune in for Our Millionday Round Table Chat @ 1:00PM EST – today (in Chat Room)!!

Read More: http://www.dinarupdates.com/
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Tlar - Baghdad newspaper of integrity:   Quote:  “Ibrahim Al-Jaafari said in a press statement that “the National Alliance is the largest parliamentary bloc, and not the State of law Coalition,”   I am posting this because of the importance…it is the crowning document being as al-Jaafrari is not just the head of the National Alliance but he is also part of the SOL (State of Law).  The three blocks within the SOL, Jaafari’s block, Badr block and the DAWA have all announced they no longer share the same position as the leadership of the SOL. They have by all definition defected as the SOL leadership continues to stand behind Maliki. The task now is to get everybody in the coalition to decide on one nominee. They have honed it down to three, two of which is Chalabi and Mahdi. I think we should have a uniform vote by Wednesday at the latest and it is possible that Jubouri will call them back into session before Friday of next week. 
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Frank26 - [when I saw the oil tanker go to galvinstan tx, it seems that Iraq has gone international and article compliance east to west.]  FINALLY!!!  These tanker carry oil that IMO Has an IR  (International Rate).
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Stop in for “NEWS TIME” with Millionday - Monday evening on CHAT at 7:30pm EST!!

www.DinarUpdates.com - save as favorite!!
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Adam Montana - We are nearing the end Ramadan, and I have feeling things are going to be heating up again real soon!  Iraq in general is notorious for not accomplishing  much during Ramadan, but this year was a bit of a refreshing change. Here’s to good news soon…GO RV!!!
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Kaperoni - currencies don’t revalue when they change Exchange Regimes, they simply move from one to another. So the current rate is 1166 which means when they enter Article VIII and a new regime it will be at 1166. That being said, it won’t stay there long. Every expert that I have ever seen has stated it is under valued which means that it will rise. And if Iraq lines up the economic activities as we stated, it should be like turning on a kitchen facet because once the CBI opens the Capital Account, investment will flow into Iraq and put people to work, new constructions, businesses, etc.   Which will cause inflations with a fixed currency…so the dinar must rise as a result of transition to a market economy.  

In fact, reading the “transition to a market economy” documents…state the central bank must move to the new Exchange Regime prior to opening the Capital Account.  Which is great news for us because it gives us a timeline. Also, it make no sense for the CBI to RV prior to moving to a new regime as they would be forgoing profits (which is what the CBI wants) as the dinar rises.  No international banks or central banks are going to just take “a leap of faith” on some RV of the dinar at say 1 to $1 rate. This is a much more complicated matter than just some simple RV…   As Saleh stated…they want the dinar to be a “hard” currency (which means it must float) and be traded around the world and held in central banks for a very long time. The only way that happens is if the dinar appreciates gradually so the bankers can profit.
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Chattels - …a tanker loaded with crude oil from Iraqi Kurdistan currently anchored near the port of Galveston, Texas, and will be subject to a procedural inspection by the U.S. Coast Guard on Sunday before being allowed to unload its cargo.”  If the ship docks in a US port it would mark not only the first arrival of Kurdish crude oil to the United States but an important victory for the Kurdistan Regional Government (KRG), which has faced challenges in finding buyers for its disputed crude oil.  THE OFF LOADING OF THE OIL TANKER IN GALVESTON MAY BESPEAK AN AGREEMENT ON THE EXPORT OF OIL OUT OF KURDISTAN, WHICH WOULD BE VERY SIGNIFICANT I THINK.
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Check out the Dinar Corp 120+Max – it’s EQUITY!!

Commercial Solicitation

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Chattels - Article quotes:  “The head of the Iraqi National Alliance, Ibrahim al-Jaafary, assured that the INA is the biggest bloc and not the State of Law Coalition headed by the Premier, Nouri al-Maliki.”   “Habeeb al-Turfi, of the Citizen bloc assured that the Iraqi National Alliance is the biggest parliamentary bloc. Speaking to AIN, Turfi said “The biggest bloc is the INA due to its effect in the parliament and it will be able to nominate the next PM.“  WOW !   it seems clear now that President Massoum will designate the choice for PM made by the National Alliance then that PM must form and seat a government/Council of Ministers acceptable to a majority vote by the full Parliament within 30 days after designation by the POR (President of the Republic).
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Millionday - Report quote:  “new Iraqi Parliamentary Speaker Jabouri, speaking at a press conference following Masoum’s election, called on the new president to “use his constitutional powers to choose a candidate from the largest political bloc.”   SO THE PRESIDENT HAS THE CONSTITUTIONAL POWER TO PLACE THE PM FROM THE LARGEST BLOCK AND SEEMS TO BE REFERRING TO THAT TASK WITHIN TWO WEEKS.  [Do you think they will stretch this out 2 more weeks?]  I WOULD SAY NO BY THE CONSTITUTIONAL STATEMENTS BUT WE CAN ONLY WAIT – I DO SEE A SPEED THAT WE HAVE NOT WITNESSED BEFORE WITH ALL THAT ARE IN PLAY — LAWS — ELECTIONS — AND SO MUCH MORE — IT IS AMAZING TO SEE AFTER ALL THESE YEARS.  Quote:  “There are a handful of very capable leaders who may emerge as the next prime minister of Iraq.  We’re going to have to see this unfold very rapidly over the coming days.”
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pinocchio-smileyLONG copyEXOGEN - KURDISH OIL TANKER UNLOADING IN TEXAS RIGHT NOW IS SOME OF THE BIGGEST HISTORIC NEWS OF THIS INVESTMENT!!!   THE KEY IS IT IS UNLOADING.  THAT MEANS IT HAS BEEN PAID FOR.
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Reform Movement confirms that the National Alliance still refuses Maliki’s nomination for a third term

Members of the National Alliance, during a regular meeting

Tomorrow’s Press / Baghdad: spokesman the National Reform Movement MP Ahmad Jamal, Saturday, that the National Alliance is still rejects the nomination of Nuri al-Maliki for prime minister a third term, pointing out that the coalition will present its candidate for the job within 15 days and will invest the holiday to discuss and intensify dialogues to settle the matter …

Read More: http://dinarupdates.com/blog/
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Aggiedad77 - Article:   “Kurdistan’s oil tanker loaded with a value of 100 million U.S. dollars dock port”  As this article indicates Family…this tanker is not yet docked in the US…it is anchored in the Gulf of Mexico…”off the Galveston coast”.   IMO, if this tanker is allowed to dock in the US that will be sending a strong message to Iraq and the ME as the US position regarding the Kurds sale of crude on the international market will have shifted significantly…it telegraphs the message that the US sees a unified government being put into place…one that will recognize the actions being taken by the Kurds in this “international process”…to me this could be HUGE…whether or not the US allows the ship to proceed to a dock and start to off-load.
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Tlar -  …the definition of what constitutes the largest block was at issue. It was important to make sure to the coalition that they define that as something other than the SOL.  Jubouri yesterday defined the largest block as the National Alliance effectively removing the power the SOL was trying to obtain through the courts by having them rule the SOL was the biggest block.  The National Alliance (Shia Party) consists primarily of two opposing groups, the coalition 83 MP’S and the SOL 95 MP’S. (State of Law).  The coalition wants Chalabi or Mahdi which are both acceptable to all Iraqi’s and are non sectarian. The SOL leadership wants Maliki and has shown no interest in negotiating.  Things are moving very fast and things are not going Maliki’s way. He is still fighting but becoming more irrelevant every day.  Side prediction – Maliki and the leadership of the SOL will be on an airplane heading to parts unknown within an hour of the announcement from the NA of their new nominee.
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WMAwhite - …just keep in mind that once Iraq has a PM and will have a budget very soon…as a government they will NOT be able to function using the IQD unless the CBI steps forward and completes the monetary reforms. In other words, they are showing us their intended time frames…it is now serious for Iraq because they are not protected (financially) by the UN Security Council anymore.
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home7

Iraqi Dinar/Dollar auction 07-27-14

Currency Auctions Announcement No. (2733)

This daily currency auction was held in the Central Bank of Iraq on the 27-July-2014

The results were as follows:

25k-Iraqi-Dinar-200x96DETAILS                                                              NOTES Number of banks                                                 15 Auction price selling dinar / US$                       1166
Amount sold at auction price (US$)                  185,890,000 Total offers for buying (US$)                             185,890,000

Read More: http://dinarupdates.com/blog/
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Poppy3 - ...LIKE MY SOURCE HAS SAID THEY HAVE NEVER STOPPED THE MEETING ON HOW THEY WILL MOVE FORWARD AND THEY MEET TILL THEY AGREE ON A PROCESS OR CANDIDATES THEN THEY IMMEDIATELY REPORT THAT TO THE PEOPLE OF IRAQ THEN CONTINUE THE MEETING TILL THEY CROSS THE NEXT HURDLE.   JABORI HAS BEEN AWESOME TO KEEP…THE WORLD NOTIFIED OF EVERY DETAIL OF PROGRESS AS HE MOVES THEM FORWARD.   I SUSPECT A COUPLE MORE DAYS WILL SHOW MORE PROGRESS THAN WE REALLY EXPECT.   WAIT AND SEE HOW HE PULLS OFF REMOVING MALIKI …THAT…IS THE DAY THE POSSIBILITIES OF SEEING THE RV DOUBLES IMMEDIATELY. TURKI IS SAID TO BE STANDING IN WAITING TO MAKE HIS MOVE TO WELCOME AND ANNOUNCE FINANCIAL REFORM PROCESS.
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Tlar - Jubouri has just declared the NA is the” largest block” by constituional authority, not the SOL.. That means all of the 178 members of the NA will vote together to pick the PM nominee.  Now we are off to the races with the coalition picking off members of the SOL to vote with them before it is brought to the floor for a vote.   The coalittion will come out ahead on this because they are in locked step whereas the SOL can’t keep their members together.  Many in the SOL membership does’t want Maliki either.  All the coalition needs to bring this to a vote on the floor is 10-15 meembers of the SOL to vote with them.  Once they are assured they have them we should see a vote.  That way the coalition will control the outcome.  The NA, controlled by the coalition, will choose the new PM nominee. IMO this won’t take but a few days.  SOL – checkmate
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WMAWhite - I am happy knowing that the necessary events are happening in Iraq and they will never do the things they have told us they are going to do unless the status of the IQD changes.
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OH WOW!! Just Retweeted by @ DinarUpdates

Montadhar T نajem ‏@MontadharN  4h

Islamic Dawa Party announces it is supporting Sayd Sistani call to replace the PM position with new name #Iraq

BGG ~ This is MASSIVE NEWS.

This sounds like Maliki’s inner circle (Dawa party) saying they are done with him…

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

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Poppy3 - I AM …THANKFUL WE ARE IN THE LAST FEW DAYS OF THIS JOURNEY.   FINANCIAL REFORM LAWS HAVE BEEN COMPLETED AND THE CBI IS READY TO TURN THING LOOSE. 
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Tlar - I have always thought it [rate] would be 1.16 or .86 cents.  I am as baffled…because it is much higher than I have ever thought.  I even went through the thinking process of how they could justify the 86 cents.  But I have now heard from too many people with dinars at banks waiting on being funded between $3.00 to $4.00 and one person …knows the guy who will sign off on the buy from B of A once they get the ok from the Treasury.  …another person, a twenty year friend…was having a lunch with a business associate and they started talking dinars for the very first time.  My friend is a retired CFO of a company here in Dallas.  His friend, another accountant type, told him he was in a group that had deposited their dinars (over a billion) with another major bank and was expecting to be cashed out today at $3.71.  I personally talked to the guy…

Read Full Text: http://dinarupdates.com/blog/
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Check out the Dinar Corp 120+Max – it’s EQUITY!!

Commercial Solicitation

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Arthur - There is absolutely no delay or holdup whatsoever.  Things are going exactly according to the specific time constraints as outlined by the PTB via Kerry and Biden weeks ago. We are still well within the parameters set by the AOP.  We are actually 6 days ahead of schedule.  All of the major players in Iraq, the United States and Britain are ecstatic about the speed and efficiency of the political and economic  progress of the newly formed government. The Maliki problem was dealt with by Jabouri and McGurk in a meeting with Hakim and Sadr the results of which will be announced shortly. They are also dealing with a major ISIS offensive which is being squashed in real by the PTB special ops.

The constitution stipulates they now have 15 days from Thursday to name their PM. This morning Grand Ayatollah  Sistani said in no uncertain terms that Maliki must go one way or another for Iraq to remain within the specific time constraints of the constitution.  Their recent TV newscast have consistently reported to their citizens that the security threat is diminishing and the newly formed special committees will immediately ratify a budget in conjunction with the necessary laws to allow the CBI to initiate the necessary economic reforms up to and including the deletion of the zeros otherwise known as the revaluation of the Iraqi dinar. Based on newly acquired top level intel the new confirmed window for the CE/IR/RI/RV is Monday July 28th thru Friday Aug. 8th.
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Fouad Massoum (C-R), the newly elected president of Iraq and a veteran Kurdish politician, stands with Kirkuk Gov. Najm al-Din Karim (C-L) during a news conference in Baghdad, July 24, 2014. (photo by ALI AL-SAADI/AFP/Getty Images)

Can Iraq’s new president save country from fragmenting?

Iraq has a new president. In the wake of the capture of the second-largest city, Mosul, by the Islamic State (IS); ever-growing demands by the president of the Kurdistan Regional Government (KRG), Massoud Barzani; and rising dissent against a new mandate for incumbent Prime Minister Nouri al-Maliki, Iraq has seemed on the verge of collapse. There has been a quasi consensus among Iraq observers that Iraq has ceased to exist and was awaiting de jure confirmation of its de facto fragmentation.

Many have thought that this country, which had inured international opinion to its endless succession of crises since 2003, would not survive this latest crisis. But we could be mistaken. First, Salim al-Jabouri (affiliated with the Iraqi Islamic Party, the Iraqi Muslim Brotherhood) was elected speaker of the parliament. Then, a week after the return home of President Jalal Talabani — who had been under medical treatment in Berlin for the past 1½ years and who obviously couldn’t continue with his functions — a new president was elected, indicating that Iraq could actually be more resistant to division of the country…

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

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Frank26 - We feel the IR ( International Rate) is ready …Been ready …But there is No One to delivery it to. LOOK ….. STUDY Turki’s FIRST sentence in this article. Grasp the understandings under which conditions/parameters Turki WILL lift the 000′s. The Steps we are seeing right NOW are the vital signs to an IR02/05/2014 12:04 BAGHDAD: The governor of the central bank and agency Abdel Basset Turki, said Friday that the project raise zeros from the Iraqi currency will not be applied, except in the case of the stability of political and economic situation of the country, denying the issuance of a new decision of the Bank in this regard. said Turkish for “tomorrow Press “…

Looks like Frank reads the  www.DinarUpdates.com/blog for his news – shouldn’t you??)
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pinocchio-smileyLONG copyEXOGEN - The prime minister is already in place. Just like the Kurdistan BUDGET is COMPLETED!  See the new President in IRAQ will make the announcement of the NEW Prime Minister. That is why it was so important to get the President seated for the process to WORK.   Most Iraq news articles are DAYS old. Our contacts in Iraq get us information before it becomes an ARTICLE. And if you do not have global FINANCIAL contacts you will not get what is going on with the BANKING side. Just like the 15 countries who just TRADED and used IQD 48 hours ago to save their ECONOMY or SEE rates on BANK Screens in REAL Time.  WHERE ARE WE?  DAYS LEFT!!

(If I could fit 3 Pinocchios in there I would…)
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Millionday - [they seem to be getting on with so much, ports, banking etc but when do you think they will get to the point where they can't do anymore without rving?]  they claim to be activating the economic reform and that includes the monetary reform…the timeline is up to them but they certainly are preparing with the passage of many laws and the market as we have seen.   this is not a bad time to be following the news to say the least.
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State Department: Maliki’s days numbered as PM

Seen as failure in creating coalition, waging current war against Islamic State

By Rowan Scarborough – The Washington Times

The State Department on Thursday all but showed Iraqi Prime Minister Nouri al-Maliki the door, saying he had been particularly hard to work with. “We had extreme frustrations with the Iraqi government, particularly over the last year,” Brett McGurk, deputy assistant secretary of state for Iraq and Iran, told the Senate Foreign Relations Committee. Then Mr. McGurk seemed to suggest Mr. al-Maliki’s days as prime minister are numbered. “They’ve created a new parliament, and through that parliament new leaders will emerge,” he testified. “There are a handful of very capable leaders who may emerge as the next prime minister of Iraq. We’re going to have to see this unfold very rapidly over the coming days.”…

Read More: http://dinarupdates.com/blog/ ________________________________________________________________

Mnt Goat - The next session date announced by Al- Jabouri yesterday simply stated the adjournment of parliament is until August 5th.  He did not mention that they would be voting on the prime minister at that time.  This leads me to believe strongly that he intends to call in another session prior to August 5th if and when they get all to agree on the candidates for prime minister. I think the Aug 5th date is just the farthest out target date being that it is just 3 days from the 15 day constitutional limitation.  This also leads me to believe that in fact, as of today, this is not a done deal…The RV is not going to happen this weekend!I checked in with my CBI contact too today and all is ready to rollout the final parts of the international rates to the world.  They are just waiting for the “go ahead” from the USA UST and the UN. The current outgoing GOI no longer has any influence. However they would like the NEW PM to sign off on it when seated.  So I think these are all good signs that we are very close.  I do not believe we will see any RV this weekend. ________________________________________________________________

Millionday - Article:  “news agency “Reuters” Thursday 24 \ 7 \ 2014 data from the satellites tracking the movements of ships, showed that a tanker carrying crude oil from the Kurdistan region after only two days of access to the port in the United States.”   Quote:  “ Carlos Pascual, head of the Office of Energy of the U.S. Department of State, told Reuters, that “there is no change in Washington’s policy toward the Kurdish independent oil sales…“    IF THE US IS AGAINST THE KURDS GOING AGAINST THE RULES OF THE CONSTITUTION AND THE FED GOV ON OIL — THE HCL MUST BE ON THE WAY, IMO.
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Delta - THE STATE DEPARTMENT AND WASHINGTON TIMES ARE WRONG!!! MALIKI WILL WIN IT AGAIN… I WILL BET STATE DEPARTMENT ALL MY DINARS.  WE SHOULD KNOW ABOUT PM NO LATER THAN 08/09. 
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Check out the Dinar Corp 120+Max – it’s EQUITY!!

Commercial Solicitation

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Tlar - The PM position is a tricky one to resolve.  Nobody envisioned that the SOL leadership would still be backing M [Maliki] by this point.  Everybody has tried to get him to quit yet he hangs on.  He just tried to get the courts to declare the SOL as the largest block.  It is not. Also they are still meeting.  The news coverage makes it sound like they have adjourned because that’s the way Jubouri wants it.  You can forget the August 5th date. That also is there as a backstop date and and as soon as this issue is resolved, they will call for the nominee and vote.   This should be over before August 5th.  I have some pretty strong evidence IMO to support my view that the rate will be on the upper side of $3.50.    We need a budget and a PM and an RV, period. All three are within sight and are being done while we watch. We are so very close.  IMO it would take some extraordinary unforeseen event to stop this at this point.  This has been well planned out.  We are seeing the finish of this investment everyday now.
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Administrator Bob - Over the last several days dinar or banking articles have begun to surface indicating that once again economic experts are pushing for reform.  As well, parliament elected the President of Iraq which sets a timetable of 30 days or less to chose the next Prime Minister.
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Jetset - JUBOURI HAS BEEN IMPRESSIVE SO FAR! SEEMS TO BE VERY EFFICIENT, FOCUSED AND ORGANIZED….THE NEW PRESIDENT HAS 15 DAYS TO HAVE THE LARGEST BLOC PRESENT THEIR CANDIDATE FOR PM. LARGEST BLOCK THEN HAS 30 DAYS TO PRESENT PM AND HIS COUNCIL FOR VOTE. [so president can command the PM candidate now?] YES, FROM WHAT I UNDERSTAND, HE CAN CALL ON THE BLOC ANY TIME NOW.
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“WOW, WOW, WOW…” DINAR Talk INFO Call

w/BGG, Poppy & Mr White – from July 24th

Click-N-Listen!!

Smart phone user link – Click here

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tlm724 - Article:  “Formation of a committee to resolve the budget in 2014  noting that the committee is required to submit its report on the budget within two weeks from the date of its formation …*hallelujah* I like seeing Jubouri putting time limits on things!   He is cracking the whip!
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BGG - Article:  “Alsumaria News / Baghdad Voice of Iraqi Council of Representatives, on Thursday, on the choice of MP Fuad Masum, president of the Republic of Iraq by a majority vote of those present…“   this is REALLY looking good.   Jubouri has this thing in high gear…the Aug 5th date is for vice-Presidents (to Masum) then PM is sometime after that. __________________________________________________________

Iraq leader Nouri al-Maliki ‘rejected Iran’s pressure to step down’

Shiite politicians say Iraq’s Prime Minister Nouri al-Maliki was under pressure from top ally to quit

Nouri al-Maliki ordered an airborne assault designed to seize back control of Tikrit university

Nouri al-Maliki ordered an assault designed to seize back control of Tikrit university Photo: AP

Iraq’s Prime Minister Nouri al-Maliki rejected an attempt by Iran to persuade him to step down, senior Iraqi politicians said Wednesday, underlining his determination to defy even his top ally to push for a third term in office and further exacerbating the country’s political crisis… …But the recent meeting between al-Maliki and Iran’s pointman in Iraq, senior General Ghasem Soleimani, was the first sign that Iran also believed he should go. Iran was crucial for al-Maliki in winning a second term four years ago, when Tehran used leverage over Shiite parties to ensure their backing for him during gruelling negotiations over a government at the time…

Read More: http://dinarupdates.com/blog/ ________________________________________________________________

EXOGEN - Based on Iraq Constitution they have 15 days, but we seriously doubt it will go that far because everything is completed already behind the scenes. NONE OF OUR INTEL CONTACTS HAVE SAID IT WILL GO ANOTHER 15 DAYS. ________________________________________________________________

Adam Montana - [Iraq waited too long to RV didn't they?]  I don’t believe so at all. In fact, the opposite – if they had RV’d too soon they could have severely sabotaged their ability to maintain the new rate, and that wouldn’t have been good for anyone. ________________________________________________________________

Stryker - After a long day in Parliament Iraq has a new President and his name is Fuad Masum, a well respected Kurd with the vision of a National Non Sectarian Unity for Iraq.  Article Quote: “the constitutional period to choose a prime minister is 15 days after the selection of the president.”  15 Days Now To See A New Prime Minister…Now the Speaker of the House of Representatives calls on the new elected President to announce the largest bloc and for them to assign their nominee for Prime Minister. Parliament will reconvene on the 5th of August to vote in a new Prime Minister.  We are now down to days and not months, when we see a new government formed completely that will implement many changes in Iraq. With the right GOI I believe Turki will finally be able to launch the project that will change the lives of many in the world. 
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Fuad Masum (L) Being sworn in as President of Iraq. Congratulations.

Embedded image permalink

Read More: http://dinarupdates.com/blog/ ________________________________________________________________

GURUIntelBlaino - We still hear the supporting events that will usher in the gcr, re-val,  etc., could develop within the coming week!  Apparently, the currency speculators among us may have reason to be truly excited from what we are hearing. Some are saying that the completion of the seating of the new government and officials are the final pieces to the puzzle that will usher in the new Iraq, including its position as the country with the highest asset backed currency value on the planet.  Some of our intel purports a sooner rather than later stance…
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Tlar - a vote was taken in parliament and the Kurdish nominee, Faud Masum was elected to be President of Iraq. They are in the process now of electing his VP’s, a Shia and a Sunni, and then by law he has 15 days to nominate the Prime Minister position.  In reality that should not take 15 days as the deal for Prime Minister is kind of like the deal was for the Presidency in the coalition. It is more likely he will nominate the PM position late today or tomorrow.  Jubouri is pushing this along very quickly.  No word yet as I write this whether Maliki has officially resigned. Also no word on the budget as of yet…   Its all good and just as we had hoped for…this will be over soon. I personally think parliament will reconvene before August 5th but that is just a guess and I know it goes against logic seeing as how the parliament has officially adjourned until then.  There is still work to be done. ________________________________________________________________

Wednesday Night News Time w/Millionday Part 1

Wednesday Night News Time 7/24/14    Post By Rudie

Welcome to www.dinarupdates.com with Millionday

[millionday] In line with the goals aimed at creating legislation and banking regulations intact to provide the appropriate environment for the banking industry, he stressed economic expert on the need to apply the strategy of banking reform prepared by the parliamentary Finance Committee in the previous session of the House of Representatives. has developed a Committee of this strategy that came out several proposals, notably the diversification of products and services for the banking sector, develop and create new products that meet all customer needs in the sectors of individuals and institutions, as well as expansion in the development of electronic distribution channels that provide services to customers in the right time and place for them, by increasing the use of technology banking This area,

[millionday] NOTE — THIS IS THE CALL TO ACTIVATE THE ENTIRE BANKING REFORM

Read More: http://www.dinarupdates.com/showthread.php?14184-millionday-news-7-23

And seen on: DinarReCaps.com ________________________________________________________________

Mnt Goat - Voting for the new Iraq president is now done and that makes two out of the three presidents now seated. Fuad Masum wins the post of President of the Republic of Iraq.  We now await for the speaker to announce the next session when they will vote for the new PM.  When this occurs, and if successful,  we will be in an excellent window to finally see the international rollout of the IQD.  The question I have now is – What is the new target date for voting on the new prime minister? I also believe, and so I am also hearing from my sources, that the budget passing and opening must coincide with the prime minister being seated and with all his cabinet. Remember the RV does not depend on the budget but the budget needs the RV when opened…technically the budget must coincide or come later than the RV.However I do not think they want to delay the budget anymore than they have to and so they are also trying desperately to coincide the two events. This is why we are hearing now the great rush to get the budget passed… I  want to emphasize once again this final announcement of the IQD going international will not happen until the USA feels the Iraq government is stable, non-sectarian and is a functional government. This is has been the plan all along.
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Federal Court denies issued a decree law is a coalition of the largest parliamentary bloc

BAGHDAD / Wi-News - denied the Federal Court, Wednesday, issued a decree is a coalition of state law, led by Prime Minister Nuri al-Maliki, the largest parliamentary bloc. said a spokesman for the Federal Court Abdul Sattar Bayraktar said in an interview with “Wi-News”, that “the Federal Court did not receive any claim or an explanation about the largest parliamentary bloc, “adding that” the court was interpreted in 2010 meaning the largest parliamentary bloc is no need for re-interpretation of the new. “…

WMAwhite - Reidar Visser @reidarvisser · 5h #Iraq supreme court spox denies any ruling issued re largest parliament bloc. So MP Maliki was lying to press.

Read More: http://dinarupdates.com/blog/ ________________________________________________________________

BGG - To review:  Parliament has been sworn in.  There is a new Parliament, there is a new functioning government.  They have taken some positive steps & they may move farther than anyone believes tomorrow [Wednesday] or shortly after.  I believe Maliki had the 100 people nominate themselves for the President of the Republic to somehow game the system and if you have to resort to  “game the system” tactics then you are not in very good shape.  They are doing a secret balloting and it is critical to the process.  I think this is how they will get rid of Maliki.  They don’t want anyone being intimidated.  I am very encouraged. We are in the waiting mode right now.  We are waiting for the President of the Republic & soon after the PM nominations.  Once the POR and the PM are seated we should see economic reform and currency reform shortly after.
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home7

Iraqi Dinar/Dollar auction 07-24-14

Currency Auctions Announcement No. (2732)

This daily currency auction was held in the Central Bank of Iraq on the 24-July-2014

The results were as follows:

25k-Iraqi-Dinar-200x96DETAILS                                                              NOTES Number of banks                                                 9 Auction price selling dinar / US$                       1166
Amount sold at auction price (US$)                  110,683,000 Total offers for buying (US$)                             110,683,000

Read More: http://dinarupdates.com/blog/ ________________________________________________________________

Tlar - Jubouri postponed the introduction of President Nominees and the vote on the vote 24 hours.  He did this because the Kurds had 2 nominees and Jubouri did not want to see the potential for a screw up in votes.  Jubouri not wanting to take that chance, postponed the vote 24 hours with instructions to the Kurds to come back with a single nominee.  So this afternoon the Kurdish block voted by themselves in secret ballot to choose a nominee that represents all Kurds as the nominee for president. Smart move by Jubouri.  The Kurds are now prepared and they can have the vote in parliament tomorrow assuring that the SOL’s nominees will loose and the Kurdish nominee will get the PM job.  Parliament did not waste the time though because Jubouri went right to work on the budget setting up committees to make sure it is ready quickly. He became my hero today…he has only been in office since last Sunday and he is pushing everything along as fast as humanly possible given all the roadblocks Maliki and the SOL keep throwing at him.  Of other note it appears Maliki has finally resigned per an article that came out late today…  We are attempting to get verification from other sources but it looks to me as he finally is out of the picture.  Things are going very well and it is even expected that the nominees for PM will be introduced tomorrow [Thursday] by the new President.  Things are moving very quickly. I am keeping my fingers crossed that this is almost over.
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Check out the Dinar Corp 120+Max – it’s EQUITY!!

Commercial Solicitation

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Stevel Commentary

They had to form a new committee first so that committee can create a new committee for the current committee to do its new job. If the newly created committee has problems or questions, then they will form various sub-committees to help the second committee understand them. In the mean time the initial committee may have to create another new committee to oversee the second committee and report back to the the first committee. Now here is the problem, if the second committee starts arguing and fighting among themselves, the first committee will create a new committee asking the second committee to create a new committee to help resolve the committee that is not getting along. I totally understand this concept. Steve:    Both Ray and I have calls into various contacts to get what is really going on. Until then we simply cannot share the actual activities. Unlike the made up (out of thin air) sources, we would rather report actual facts and not some story to keep you in suspense just because it sounds really good. Sorry, but this is the best we can do at the moment.  Steve ________________________________________________________________

Wednesday Night News Time w/Millionday Part 2

Wednesday Night News Time 7/24/14    Post By Rudie

Welcome to www.dinarupdates.com with Millionday

[shelley1] Has Anyone heard or read anything about the ISX. Not ESX. Thank You [millionday] NOT YET

[The Shoe] When could the new Iraq begin marketing? [millionday] THEY HAVE ALREADY BEGUN — HILLARY CLINTON GAVE A HUGE MARKETING SEMINAR FOR THE NEW IRAQ TWO YEARS AGO — THEY HAVE BEEN BEGGING INVESTORS AND FRANCHISERS TO ENTER

[millionday] THEY ANNOUNCED THEM TODAY BUT DONT KNOW WHEN – THEY APPEAR TO BE MOVING FORWARD WITH ALL REFORMS

Read More: http://www.dinarupdates.com/showthread.php?14184-millionday-news-7-23

And seen on: DinarReCaps.com

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Mnt Goat - They must choose a president within 30 days of electing a speaker. The clock started ticking on 7/16. I believe they will have the president announced tomorrow 7/24, as advertised. They will then tell us the date for the next session to vote on the prime minister.  They must nominate a new prime minister within 15 days of the president’s election, so this will bring them to a constitutional deadline to seat the PM by around the first week in August.  I strongly believe they will have a vote in the next session which will be a week from today 7/23 and not have to wait till August. The PM will be seated at that time. From my perspective everything now in the election process has settled down and we are seeing real progress and its all on track.  Remember that technically the IQD has already revaluated in- country and we are just waiting for the final rollout to the international financial sector. The CBI has stated many times that they fully intend to complete the rollout process in the coming weeks and so I believe this is their intent and I see no reason now (with more and more stability in Iraq everyday) that this would not happen according to their new plan.  Iraq can not move forward in all the required financial sectors of the international community with the lowest artificial currency rate they have had in 50 years.  Things can now move forward quickly and will.
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Postpone the vote on the president and his two deputies to tomorrow, Thursday

Baghdad (news) .. decided Presidency of the Council of Representatives to postpone the vote on the president and two vice presidents until tomorrow, Thursday. said parliamentary source (of the Agency news): The ‘Presidency of the Council of Representatives decided to postpone the vote on the president and his two deputies in response to the request of the Kurdistan Alliance, which is the application deadline for 24 hours to resolve their candidate for the POR ‘.

Read More: http://dinarupdates.com/blog/
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Chattels - Article: “Parliament forms committee to speed up endorsing Budget Law Wednesday, 23 July 2014 20:59 Baghdad (AIN) -Parliament approved forming a committee to speed up the ratification of the budget law draft. Parliamentary source said to AIN “The parliament has voted on a proposal to form a committee to follow up the endorsement of the budget.”    it is the first article that i have seen confirming that a committee has been formed.  [When is the deadline to chose a POR and/or PM?]  there is some talk of a deadline for the Presidency on tomorrow and the PM 15 days thereafter. ________________________________________________________________

Poppy3 - MEETING TODAY IN GREEN ZONE OF BAGDAD DID NOT CLOSE TILL AFTER 9PM THIS EVENING. THEY CONTINUED AFTER THE OFFICIAL MEETING WAS OFFICIALLY CLOSED AT 4:30 PM.  THEY ARE THERE TO MAKE AGREEMENTS AND MOVE FORWARD IN AGREEMENT WITH WHAT WILL BE DONE TOMORROW…THIS IS AWESOME AND IS ALL POSITIVE. … I USUALLY DON’T GET THE INFORMATION TILL LATER IN THE AFTERNOON BUT THE SOURCE THOUGHT THIS WAS VERY TELLING THAT THEY WERE ALL STILL BEHIND CLOSED DOORS.   THE COMPLETION OF THE GOI MAY BE OVER AS SOON AS TOMORROW. THEY ARE MAKING PROGRESS AND PUSHING  FORWARD, WOW… BE READY FOR THE END OF THE MONTH.
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Sczin11 - They vote on POR and deputies tomorrow - BUT IT’S A GOOD THING - they will NOT, IMHO, leave tomorrow with out a vote - and appears budget being talked about today – no loss of time…Jubouri is on the 497 lap of the Iraqi 500! Don’t blink!!
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Check out the Dinar Corp 120+Max – it’s EQUITY!!

Commercial Solicitation

________________________________________________________________

Stryker - The Speaker of the House gives the Kurds 24 hours to pick one candidate for President.  Parliament’s 5 session will be held tomorrow to vote in A new Iraqi President.  The Speaker of the House votes on a temporary committee to pass the 2014 Budget. ________________________________________________________________

WMAwhite - …it is not that the rate is in the budget…instead, the status of the IQD has to change in order for the budget to be effective. ________________________________________________________________

Kaperoni - Article:  “Parliament will vote on the four candidates for prime minister“    This is the time when Maliki is at his best.  Some of these new MPs will get a cash gift tonight.   Or, some of the MPs will be told their wifes and children could be missing tomorrow.   Having a vote in parliament that includes Maliki’s name is not a good thing.  Where something can go wrong it usually does.
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Adam Montana - Forward motion on the budget, which says to me that in spite of the issues with ISIS and lack of a chosen PM, Iraq is still moving in the right direction.  One of the questions I’m getting a LOT is “Do they even have to ever pick a new PM?!”   I guess they don’t have to make any kind of decision, but they are moving forward with the process and it’s on pace to be done around the end of the month, which is also right in line with end of Ramadan. To further address the issue of moving forward in picking a PM, forming government, and just general progress - Ban Ki-moon (United Nations Secretary General) will be in Baghdad tomorrow.   While we obviously don’t have an RV yet, the big picture remains one of progress and resilience.  As we approach the end of Ramadan and we continue to see positive action in Parliament/GOI/etc, I continue to stay hopeful that we’re on the edge of something big, and soon. 
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pinocchio-smileyLONG copyDC - There was a bad bombing in Baghdad and that delayed Parliament, but we should still get some announcements today.  Parliament, CBI, border security are all ready. Maliki is physically in Iraq, and would like the honor of doing the RV announcement, but will probably not get PM or anything else, so he is pushing on issues relating to the announcement. The CBI is connected to all the banking systems, and everything is ready in Iraq.  They are just waiting on announcement times.  The UN Security Council is happy with all the people selected, like they were last week as well.  In DC, everyone is ready at the IMF and the UST… Everything is nicely tuned up and waiting on the announcement of the RV and the Presidency and PM.  They should occur at the same time or close to it.  There are official plans ready to be implemented, and we just have to see how those turn out. ________________________________________________________________

Poppy3 - THERE MAY BE TIME ISSUES BUT WE ARE IN THE FINAL STRETCH OF OUR WAIT…THE NEWS TONIGHT SAID…THINGS HAVE BEEN AGREED ON FOR TOMORROW [WEDNESDAY].  IT WILL BE A VERY ACCOMPLISHED NEWS.  GET READY FOR TOMORROWS GREAT NEWS…HUGE STEPS WILL HAPPEN TOMORROW. ________________________________________________________________

home7

Iraqi Dinar/Dollar auction 07-23-14

Currency Auctions Announcement No. (2730)

This daily currency auction was held in the Central Bank of Iraq on the 23-July-2014

The results were as follows:

25k-Iraqi-Dinar-200x96DETAILS                                                              NOTES Number of banks                                                 17 Auction price selling dinar / US$                       1166
Amount sold at auction price (US$)                  237,207,000 Total offers for buying (US$)                             237,207,000

Read More: http://dinarupdates.com/blog/
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Tlar - …if they can do two readings of the budget this week as Jubouri wants to do we will be in a good position to RV.   Keeping my fingers crossed. ________________________________________________________________

Tman23 - BIG NEWS CONFIRMED…….Baghdad-informed sources said that “the debate about the mandate of the outgoing Prime Minister Nuri al-Maliki, has ended, and the last hours of intensive contacts in the block” State of law “to nominate a replacement.” They offer 5 names as replacement… Tariq Najm, Shahristani, Ameri, Jaafari and Faleh……. But Hakims Shia’s are in disagreement and want either Chalabi or Madi…….. Iran approves of (4) Chalabi, Madi, Jaafari, Najm…
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“Here we go…” DINAR Talk INFO Call

w/BGG – from July 22nd

Click-N-Listen!!

Smart phone user link – Click here

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Tman23 - I believe 110% we are going to see a POR elected tomorrow…No Delays into August…But of course we will know in less than 36 hours! ________________________________________________________________

WMAwhite - [i think folks are getting upset wondering about this investment...some are thinking its gonna be a long time or not at all...what can you tell us please?]  when I invested Dr. Shabibi would never ever tell me the date nor the rate. Of course, I never had the opportunity to ask him. However, starting last June and leading up to the removal of sanctions, Iraq spoke a lot about returning their currency to greatness. Nothing has changed. Each day it becomes more and more important for the CBI to move forward with the IQD.   [...they just need to revalue their currency then, huh?]  yes they do!  It is a timing issue now…not an “if” issue. ________________________________________________________________

Tuesday Night News Time w/Millionday Part 1

Tuesday Night News Time 7/22/14    Post By Rudie

Welcome to www.dinarupdates.com with Millionday

[millionday] HERE WE GO   THIS IS TOMORROWS NEWS ON THE PARLIAMENT SESSION [millionday] Shaima Rashid favored politicians to postpone today’s session of parliament devoted to selecting a president until after the holiday to the presence of many of the problems that hinder the progress of the agenda of the meeting, including the presence of a large number of candidates for the position and the lack of time in front of the political blocs trading and agreeing on a presidential candidate. predicted MP for the rule of law on the Keywords postpone today’s session until after the Eid al-Fitr attributing the cause to the non-receipt of the political blocs to the names of candidates and there is enough time for trading.

[millionday] NOTE – THEY ARE TRYING TO WAIT UNTIL NEXT WEEK TO CHOOSE ACCORDING TO THIS

Read More: http://www.dinarupdates.com/showthread.php?14134-Millionday-News-7-14-15&p=65177&viewfull=1#post65177

And seen on: DinarReCaps.com
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Millionday - they are stating that the budget will be addressed wed [Wednesday] along with the presidency…they have said that the two readings are done and they were considering with some very important laws just to vote them through and listed the budget as being one of them – so if they dont change their mind they may just vote it through –  the constitution gave them 30 days from parliament seated to have PM in place and 15 days from elected in officers of parliament which is the 23rd if i remember right.
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Tman23   “Legal expert known as Tariq Harb, was ruled not to be a Parliament session to vote on the election of the President on schedule on Wednesday after completing numerous actions, and said that the election of the President of the Republic will not be on 23 July but in August…“  Appears that many don’t want a vote taking place on Wednesday for the POR…It’s going to be a huge Wednesday in Iraq…
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Alliance national forces Najafi nominate a Vice President of the Republic

Baghdad (Iraq) / Ahmed Mohamed - Despite his refusal to extradite a political office for the current session, announced an alliance of national forces on the nomination of the leader of a coalition united to reform Osama Najafi, vice-president, and the alliance confirmed that Najafi is the only candidate for this position within the elections…

Read More: http://dinarupdates.com/blog/ ________________________________________________________________

Aggiedad77 - Article:  “The province decides to pay the salaries of its employees in U.S. dollars instead of the dinar“  this is BIG NEWS IMO…it proves the Kurds have actually taken control of the money…the revenue that has been generated from the sale of their oil earlier in May and June…if they are paying in USD from what was in the Turkish banks…once again they thumb their noses at the Baghdad government… specifically to Maliki’s government.  ________________________________________________________________

Tman23 - Article quote:  “the Liberal bloc MP revealed Friday the Diwan, on Monday, that his vote on the Kurdish nominee for President of the Republic, with the nomination of Chen represents the State of the law and does not represent the national coalition.”   AGAIN THE SOL ATTEMPT TO CREATE A SITUATION

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