THE DINAR OBSERVER DAILY Aug 21st

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www.DinarUpdates.com

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Sign the petition to have Nuri al-Maliki tried as a war criminal at “We the people” – Sign, Share and Retweet!!

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https://petitions.whitehouse.gov/petition/iraqi-people-demand-judgment-nuri-almalki-war-criminal-against-humanity-because-kill-displace-sunni/gp70RYPP
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Once you sign the petition to have Maliki tried as a war criminal at dinarupdates.com/blog/ – be sure to “verify” your signature!!

BGG ~ This isn’t out of some sense of “self-justification” or spite. Nor do I think we have much say – ultimately… but it may give the White House a “political nudge” the direction they are already heading…

Further, it is the right thing to do. When those who have had their voices so violently taken from them cannot - it is incumbent upon those of us who can – to do so.

Be sure and forward it to everyone you know. Start this petition going viral!!

Follow us on twitter @DinarUpdates !!


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*** Current Posts ***

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Frank26 - [...IMO the rate should be high. To balance against inflation and still have a good value. Maybe that's why Kuwait had a high rate.]    …many of the OLD TIMERS that did the KW math in the 90′s are BACK with o and the CBI.  In the 90′s they brought the KW dinar back too high in value.  Weeks later they had to bring it back down to free float slowly.   It was very successful after that wiser move.  IMO, 3+ will solve many things but at an unsafe speed. These are neophytes in the GOI and CBI.  I love the advancements but caution to chew slowly.  IMO at 1 to 1…3+ would follow right behind it within a physical year of time or much less. 
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Tman23 - Nobody knows when the CBI will introduce the monetary change that includes a new rate….Some have been saying it’s happening tonight or next week for over 4 years now but always follows with an excuse with why it didn’t happen……. The most notable fact we have is that the GOI must begin drafting their 2015 Budget mid October. That fact alone tells us that the CBI needs to give them the new rate for the currency before the drafting of the 2015 budget, if in fact the CBI has plans to raise it substantially, which dinar speculators believe to be the case. 
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“What’s on your mind…”
Dinar Talk INFO Call

Live Q & A w/BGG – Aug 21st @ 8:30pm CST

760-569-7676 pin# 398647

from Aug 19th - Smart phone user link – Click here

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Millionday - CBI STATED IN A PRESS STATEMENT THAT THEY WOULD MOVE FORWARD WITH THE ECONOMIC REFORM AND MONETARY POLICY WITH THE BUDGET OR WITHOUT.
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Poppy3 - Houston – we are looking good…SURGERY WENT WELL AND WORE ME OUT.   DINAR IS A GO FOR LATE NEXT WEEK…
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Millionday - [how could we possibly rv with all the unrest that is in iraq?]    THEY HAVE MINIMIZED SO MUCH OF THE VIOLENCE AND HAVE TAKEN BACK THE DAM EVEN — THEY ARE IN THE NORTH AND MANY COUNTRIES ARE HELPING NOW THAT POLITICAL HOPE HAS ARRIVED – THE US AND FRANCE AND SO MANY MORE COUNTRIES — THE BORDERS ARE PROTECTED AND THE CITIZENS AND BUSINESS OWNERS HAVE BEEN ASKED TO PROTECT THEIR SELVES AS WELL — BUT THE ENTRY OF THE STOCK MARKET DOES NOT REQUIRE THE ENTRY TO IRAQ

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home7

Iraqi Dinar/Dollar auction 08-21-14

Currency Auctions Announcement No. (2750)

This daily currency auction was held in the Central Bank of Iraq on the 21-Aug-2014

The results were as follows:

25k-Iraqi-Dinar-200x96DETAILS                                                              NOTES
Number of banks                                                 16
Auction price selling dinar / US$                       1166
Amount sold at auction price (US$)                  193,806,000
Total offers for buying (US$)                             193,806,000

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

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Kaperoni - Article quote:  “Dr. Majid academic economic Baidhani…said that Central had announced earlier in readiness for the development of the banking business by announcing the project divided the national and invite foreign companies for the purpose of contracting with them and agree on its implementation.”   Article VIII coming soon…CBI can go to Article VIII anytime as long as they are in compliance with the IMF.  Will they?  Well Maliki refused to let the banking system progress until he had everything else in line (which he never accomplished).  The bottom line is the CBI can do what it needs to do now that he is gone..laws or no laws.  Last two days or so their has been a clear push towards a market economy ASAP.
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Millionday - [Is Turki still in a "proxy" position? If so, does he have authority to initiate the rise in dinar value?HE HAS BEEN GIVEN THE POWER TO RAISE THE VALUE AND IS NOW REFERRED TO AS THE GOV OF CBI SO AS FAR AS A FORMAL ANNOUNCEMENT I HAVE NOT SEEN IT BUT SEE THAT HE IS FOLLOWED WITH THE NAME GOV OF CBI — HE WAS GIVEN POWER MONTHS AGO.
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tlm724 - Prime Minister-designate Haider Abadi, will present his cabinet to the parliament next Monday…on the twenty-fifth of August … pretty impressive and quick for Iraq.
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Mnt Goat - …all the news still looks very encouraging that next week’s window of  8/25 – 8/31 is shaping up to be an excellent window to hear of the announcement of the completed government of Iraq.  I will add that no one really knows a date of the RV we can only speculate from the information we receive. But I have been informed it will coincide closely to the announcement of the new government.   We are once again in a very sweet spot to see the RV see something significant happen early next week.
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Millionday - IT IS TIME FOR ALL BANKS TO HAVE IT ALL READY TO MOVE TO A MARKET ECONOMY AND ALSO TO IMPLEMENT THE CBI MONETARY POLICY.  THEY NEED TO USE ALL TOOLS AND RESOURCES THAT ARE AVAILABLE TO THEM.  THIS IS ALL TO ACTIVATE THE ECONOMIC REFORM NOT DREAM ABOUT IT.  THEY WILL HAVE MANY RESOURCES…AVAILABLE FOR ALL BANKS AND COMMUNICATION IS AVAILABLE FOR THE MONETARY POLICY LAUNCH FOR THE NEW IRAQ.   

THEY ARE SAYING THE TIME IS NOW AND THERE IS NO REASON TO WAIT FOR ALL BANKING – ON-LINE — ATMS–MOBILE PHONES AND E-PAYMENTS AND WIRES — ALL REQUIRING THE ENTIRE LAUNCH OF THE MONETARY POLICY AND INTERNATIONAL ACCEPTANCE.  IT WOULD HAVE TO REQUIRE A REALITY RATE WHEN THE INTERNATIONAL ACCEPTANCE AND CONTRACTS AND TRADE BEGIN.  THEY WILL HAVE TO MOVE FORWARD WITH THE REMOVAL OF THE THREE ZEROS AND THE REQUIRED VALUE OF THE DINAR — OR IT WILL NOT EQUAL OUT WITH A COMPETITIVE TRADING PLATFORM.   THEY ARE TALKING ABOUT THE CONTRACTS BEING LAUNCHED NOW AND THAT THEY ARE READY BUT WE WILL WATCH THE ACTION.
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Chattels - Article quote:   “Othman [senior Kurdish MP]  made it clear that the Kurdish demands would be high this time…pointing out that “these demands would make it difficult and might delay the process of forming the government for a certain period, but at the end, the government will be formed on a consensus and pleasing everyone.”  i caution you not to expect a seated government on Monday as i believe that there is significant “unfinished” business with the Kurds.   [Well if he doesn't give the Kurds what they want we would see a major delay in new government?]  delay or no government with the kurds in it…although Othman seems optimistic eventually there will be an agreement.
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Aggiedad77 - …Abadi appears to be keeping his integrity about himself as he goes about making selections for his team of ministers…though it sounds like he has been tempted by some, even threatened by others, he’s holding his own. Abadi wants to be done with his selection process by Monday and be ready to present to Parliament.  Maliki still is not gone, and he still seeks what has been his for the last 8 years.  Abadi doesn’t appear to be afraid of standing up to the State of Law.  Today [Tuesday], not much out of the CBI…so they must be working on something IMO.
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Ebadi to submit candidates of his cabinet to parliament on next Monday

Baghdad (AIN) – An informed source stated that the PM-designate Haider al-Ebadi, will submit the names of the candidates of his cabinet to the parliament next week.

The source added to AIN “Ebadi will submit the names of next Monday, the 25th of August after finishing the negotiations with the political blocs.”

Read More: http://dinarupdates.com/blog/
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tlm724 - We should see the economic reform law as one of the first in line for the new GOI.   How can the CBI move forward with the currency reform without the laws in place to protect their great wealth?  As infrastructure grows it enhances Iraq’s ability to get the wealth out of the ground, whether it be oil, gold or minerals.  The electronic system is now [in] place which was also necessary to move forward and with the help of the Lebanese Banks Iraq is moving forward with international banking standards. It makes sense that the final hurdle is the laws…we all want the RV, BUT I know there are steps that MUST be done to bring about that goal…get the different ministers all set and ready for the passage of the laws then rock and roll baby!
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Breitling - What would be an indicator that we’d know that they were going to revalue?   I’ve been talking about it for 3 and a half years.  It’s the note count.  It always has been the note count…we were hoping chapter 7 would reduce the note count.  ch 7, what would it trigger?  It would trigger them reducing the note count.  That’s what we were hoping for.  Article yesterday says…They’re reducing the note count therefore it’s going to help add value to the currency…!

Since 2010 they reduced the note count from 9 Billion notes to 6 billion notes…from 6 billion notes to 4 billion notes and then the article that came out yesterday…they are going to go from 4 billion notes to 1 billion notes.  Did they take the notes and LOP the zeros off and leave the rate on it?  NO!  They actually physically got rid of the notes…and the notes that are left are going to gain value.  As the dinar goes up they will bring in new notes but that is different…the existing notes will co-exist for 3 years.  this is the best article we’ve gotten in the past 3 years!
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Kaperoni - Article quote:   “said Dr. Majid academic economic Baidhani to call the bank for banks and companies come through the pursuit of the development of the payments system in Iraq…“  Maliki controlled everything.  It is good to see they were doing what they were suppose to do in preparation for the day Maliki was gone.  Let’s hope that change is coming soon.  BTW, this article is referring to “project chunked” which is the electronic payment system that is now activated.  Which includes electronic payment, ACH (Automated Clearing House), credit cards, and phone banking.
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“News & Updates…” Dinar Talk Call

w/BGG – Aug 19th

(Recorded) 760-569-7699 pin# 398647

Smart phone user link – Click here

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Kaperoni   Article quote:  ”Abadi will present his booth cabinet to parliament on Monday, Aug. 25, after the progress in political negotiations to form a government.“  Well this sounds good.  Next Monday we shall see.
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Arthur - Great to see how many have now come to see how this event is and always has been about the country of Iraq and their political and economic stability per the CBI/AOP…They are now in the process of undoing all the corruption of the former regime.  How long that will take can only be guessed but mine would be not extremely long from what I am hearing from sources that are involved in that process among other things.  And then there is the factional haggling that is being done regarding all the amendments and adjustments to the current budget which has to have the HCL already in it.

We also know that the current government has agreed in principle to the disputed territories pertaining to Article 140 as it is currently constituted.  We can also factually determine that through this entire process since the elections they have stayed within their constitutional time constraints per the PTB give or take 24 to 48 hours over in naming the current PM Designate. So if they keep with this efficiency, and based on what I am hearing from sources directly involved in the process there is no reason to believe they will not, although they have said they are attempting to accelerate the process as they have been strongly urged by the PTB, they constitutionally have up until Sept 10th/11th to seat all the ministers completing this new government. 

The good news is that they are also working on all the necessary legislation, banking infrastructure, security issues and the budget concurrently in order for everything to be ready for simultaneous implementation all of which will provide the economic and political stability necessary for the CBI/PTB to introduce an international reality rate for the Iraqi dinar “in the coming days”.
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Check out the Dinar Corp 120+Max – it’s EQUITY!!

Commercial Solicitation

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Millionday - Article quote:   ”Baghdad Municipality obtained the approval of the Ministerial Committee for Services and Construction exceptions to the instructions and implementation of government contracts to refer business to prepare detailed designs for the project to develop the area surrounding the kindergarten Kazimiyah disinfectant radius of 500 square meters, and pointed out that“  UNDERSTAND THAT THEY ARE REFERRING TO GLOBAL CONTRACTS BEING LAUNCHED AND THAT IS WITHIN A FEW DAYS —- HUGE…FINALLY GLOBAL CONTRACTS.  THEY WILL OF COURSE WANT TO BUY AND INVEST AT A RATE THAT IS FAIR IN TRADE  — INTERNATIONALLY RECOGNIZED HAS NOT HAPPENED IN A LONG TIME...THERE CERTAINLY IS ALOT OF CHANGE ON THE WAY – WE HAVE NO DATE OR RATE HOWEVER.
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tlm724 - Article:   “Speaker of the House presides over a meeting of the committee tasked to discuss the draft law of the Federal Court“  they proceeded with the second reading and have agreed to meet again on Wednesday.   there are two things about this that I like:  1. Jubouri is right there with them, he is showing his intentions to make this work   2. ...this law is of utmost importance, once they work out the details he will present it for a vote.  I just think it is great to see Jubouri front and center in this.
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Millionday - Press Statement:  “The process of deletion of zeros from the national currency will begin during 2014, through an agreement with the central bank“  CONFIRMATION IS REAL THAT DURING THIS YEAR AND IN THE UPCOMING MONTHS…WILL SEE THE CHANGE IN THE RATE AND THE REMOVAL OF THE THREE ZERO CURRENCY – THIS WAS ANNOUNCED IN A PRESS STATEMENT—THIS IS THROUGH THE POLICY OF CBI…THEY ARE WORRIED ABOUT FRAUD AND COUNTERFEITING BUT — THE AMOUNT OF BILLS IN CIRCULATION WILL GO FROM 4 BILLION TO 1 BILLION ON THE STREETS — THIS WILL ALSO BE DONE AT THE SAME TIME THE RATE AND VALUE WILL RISE  — THE CURRENCY HAS TO BE ALL DONE AT THE SAME TIME —
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home7

Iraqi Dinar/Dollar auction 08-20-14

Currency Auctions Announcement No. (2749)

This daily currency auction was held in the Central Bank of Iraq on the 20-Aug-2014

The results were as follows:

25k-Iraqi-Dinar-200x96DETAILS                                                              NOTES
Number of banks                                                 16
Auction price selling dinar / US$                       1166
Amount sold at auction price (US$)                  230,660,000
Total offers for buying (US$)                             230,660,000

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

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Stryker - Parliament is holding session today and we wait to see if the budget gets brought up.  Designate Prime Minister Abadi will present his new cabinet to Parliament next Monday August 25th.
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Chattels - [wasn't there an article a few days ago...that listed the names of new ministers?]  there are some names listed out there, but they will be done all at once with the vote…nothing is finalized yet that i know of…at some point there may be a list by consensus.
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Aggiedad77 - I am of the very strong belief and opinion that we are seeing great things from Iraq even in their choice of words…unity, corruption-free, integrity, competence, harmonious, cooperation and others…these are words that I honestly can’t say that I’ve ever heard or read from Maliki…the times…they are a changing…even as we watch…the Iraqi’s have everything in the world to be happy about…for me…I’m just HAPPY HAPPY HAPPY…
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Millionday - Report quote:  “This project will lead to reducing the rate of the national currency in circulation from four billion to one billion. Added: The value will be reduced to the size of the quarter, and this will enhance the value and easy to transport, pointing out that fraud or manipulation of currency cash, it will be very difficult.“  THE REPORT IS SAYING THAT THE VALUE WILL CHANGE AND ALSO THE AMOUNT OF CURRENCY ON THE STREETS WILL GO FROM 4 BILLION BILLS TO 1 BILLION BILLS.

THEY EXPECT TO USE THE BANKING REFORM TO DO THIS AND THAT IT IS READY TO GO AND WILL BE DONE THEY ARE JUST ENSURING THAT THEY DONT HAVE A PROBLEM WITH COUNTERFEIT CURRENCY — DOUBLE CHECKING THAT THEY WONT HAVE AN ISSUE WITH FRAUD — SO THE NUMBER OF BILLS WILL BE REDUCED AND THEY ARE REMOVING THE 3 ZERO CURRENCY AND THAT YES THE VALUE IS GOING TO BE RAISED.
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home7

Iraqi Dinar/Dollar auction 08-19-14

Currency Auctions Announcement No. (2748)

This daily currency auction was held in the Central Bank of Iraq on the 19-Aug-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$)                  242,710,000
Total offers for buying (US$)                             242,710,000

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

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pinocchio-smileyLONG copyEXOGEN - 24 HOURS AGO THE RATES WERE LIVE IN AUSTRALIA FOR 1 HOUR.  [What are the indicators that show the live rate? Another way to ask this, how did you know the rates were live for an hour in aus?]  BECAUSE PEOPLE WE KNOW BUILT THE BANK I.T. INFRASTRUCTURE FOR MULTIPLE BANKS.    [Sounds like a test of the system. When the rates are live for 3 or 4 days we know the RV steadfast.]    1. TESTING 2. PRODUCTION 3. LIVE  4. ADMINISTRATIVE HOLD.
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Poppy3 - THE NEWS TODAY HAS ALREADY OPENED MY EYES WIDE. THE INDICATION THAT THE NEW VALUE WILL BE .25 TO THE DOLLARS SAYS WE ARE LOOKING CLOSER TO THE $4.00 MARK IF THEIR MATH IS CORRECT...   [1 divided by x = rate]  [ 1divided by .25 = 4.00]
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Tlar - I…am convinced Maliki has left Iraq but I don’t believe they will make any kind of announcement on that publicly until there is a new government in place.  So The government will be formed before we see an RV.   We are very close but it is my belief now that they will do it after the government is formed.  The government should be formed this week and maybe as soon as tomorrow We will not hear that Maliki left until after that and it could be for many reasons… I anticipate that to happen [the RV] within a day or two of the announcement publicly, Iraq’s government is complete which could be as early as this week or this weekend.  Those of you that have watched closely can feel this coming to a close.  Those of you that don’t believe or don’t understand, it really makes no difference.  You have bought the ticket and you too will go on the ride.
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Frank26 - What Laws will the new GOI pass as soon as they are seated?  Give me an H…Give me a C….Give me an L…What’s that spell?  A law that will bust open the 2014 budget like a piñata!
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Jester - OUR GOVERNMENT IS CONTROLLING THE SITUATION RIGHT NOW… HOW MUCH CONTROL THEY END UP EXERCISING OVER IRAQ AT THIS TIME WILL INDICATE HOW MUCH LONGER THIS DRAGS OUT OR HOW MUCH CONTROL THEY MAINTAIN OVER THE GLOBAL…IRAQ COULD GIVE A 30 DAY OR WHATEVER TIME FRAME TO TRADE IN YOUR DINAR FOR A NEW CURRENCY AND THEN LOP THE ZEROS LIKE THEY HAVE SAID THEY WOULD AND THEN MOVE ON… I AM NOT TRYING TO BRING BAD NEWS BUT…OTHER POSSIBILITIES…EXIST THAT CERTAINLY NEED TO BE DISCUSSED.
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Tweeted by Dinar Updates

Sign the petition to have Nuri al-Maliki tried as a war criminal at “We the people” – Sign, Share and Retweet!!

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https://petitions.whitehouse.gov/petition/iraqi-people-demand-judgment-nuri-almalki-war-criminal-against-humanity-because-kill-displace-sunni/gp70RYPP
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Millionday - I AM VERY EXCITED ABOUT THE DIRECTION THAT THE NEW GOI IS GOING AND SOME OF THE IDEAS THEY HAVE IS NOTHING COMPARED TO WHAT WE HAD SEEN BEFORE .  THE ECONOMIC REFORM IS OBVIOUSLY BEING IMPLEMENTED…AND HE [ABADI]  IS WORKING ON THE FORMATION OF THE GOV…I AM EXCITED FOR THEIR IDEAS AND ALSO THE UN FOR STEPPING IN AND PLACING WARNINGS AND GIVING THEM THE FEEL AS THOUGH THE GLOBE Cares.  I AM SURE THEY ARE GAINING PRIDE AND THE BACKING OF THEIR GOV IS A GIVEN WITH THINGS THE WAY THEY SEEM TO BE GOING.  THE NEW GOV WILL BE A GREAT ONE…THIS IS MORE THAN ENCOURAGING — THIS IS MIRACULOUS.

THE FIRST STEP IS THE FORMATION OF THE GOV IN THE NEXT FEW DAYS AND ALSO THEY ARE THEN EXPECTED TO IMPLEMENT ALL REFORMS TO MOVE TO THE NEW IRAQ.   THE CONSTITUTIONAL DATE IS SEPT 15TH TO HAVE THE GOV DONE BY – HE STATES TO ALL IT WILL BE BEFORE.  [Will the new iraq include a new rate?  or will they use petro dollars?]  IT WILL INCLUDE THE TRADEABLE RATE THEY WILL USE THROUGHOUT THE GLOBE AS THEIR REALITY RATE OR PRICE FOR THE DINAR — THE ACTUAL VALUE OF THEIR WEALTH.   [When are they actually going to swear in the new PM?]  THEY WILL SWEAR IN THE NEW PM WHEN ALL THE MINISTERS ARE ON STAGE WITH HIM AND THEY DO IT ALL AT ONCE IN A BIG PRESENTATION THAT IS TELEVISED.   SO AS WE SEE — WE HAVE AND SO DO IRAQIS HAVE GREAT HOPE IN WHAT IS GOING ON…WE ARE EXCITED.
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Kaperoni - The last few days certainly have been exciting…We have seen the nomination of a new Prime Minister Haider al-Abadi and a surprising concession speech from Nuri al-Maliki…something quite frankly I am still a bit skeptical about.  In any case, it appears that within a few weeks, parliament will meet and formally nominate and ratify the new government into office. Maliki at that time should leave peacefully as he stated on television yesterday. 

As for monetary reform…we still have a large hill to climb. We have clearly proven over the last few years that the many laws are stalled that have a direct impact in the economy of Iraq. That any currency reform is simply a part of the overall economic advancements including a transition to a market economy. So we must continue to wait and watch as parliament joins forces with the new government to address these laws. These laws include banking reform as well as economic reform.

The nomination of a new unified government has been hailed not only from within Iraq, but by the world community including the U.S, the UN, Europe, Iran, Saudi Arabia and many others. This new government will have its hand full trying to contain the violence and current terrorism from ISIL. But hopefully this message will take hold and work in a very positive way to force these terrorists out of Iraq.  I am very optimistic that within a few months we may see discussion move from government news to economic news and once again the restructuring of the currency.  But we must keep in mind all the work that must be done before that is truly realistic. 
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Mnt Goat - …all the news still looks very encouraging that these next couple weeks are shaping up to be an excellent window to hear of the announcement of the completed government of Iraq. Yesterday I sent out some news referring to a high possibility that we would hear of an announcement of a fully formed Iraq government by Sunday. It did not happen… So what is the hold up? …we are now witnessing a total reworking of the 35 ministries under the prior 8 years of Iraq government…much more “house cleaning” than originally thought necessary.  Abadi decided to reduce the number of ministries to 25 after the cancellation and merging some of them…Another cleanup he is doing in trimming their salaries…
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Millionday - [...is he [Maliki] completely out?]  YES HE IS.   I DONT BELIEVE BY WHAT I AM READING HE HAS ANY POWER OR IS BEING ABLE TO MAKE ANY DECISIONS.   [Isn't he still the caretaker PM till the new one is sworn in?]  OFFICIALLY WHEN THEY ARE SWORN IN TOGETHER WITH ALL MINISTERS BUT THE 15 DAYS TO SHOW CONFIDENCE IS THE MOST IMPORTANT IMO.  THE NEW PM IS SHOWING CONFIDENCE.  [When is the 15 days up?]  I THINK THE… 22ND…  [So an RV is more likely after...?]  I DONT KNOW WHEN — IT IS PLANNED…THE DATE HAS NOT BEEN RELEASED…WITH HIS LACK OF POWER I WOULD SAY ANYTIME THEY WILL MOVE FORWARD WITH THE ECONOMIC REFORM.
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BGG - They are still forming the GOI.   IMHO - as soon they form and the PTB are sure Maliki is gone…we are in good shape. 
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Once you sign the petition to have Maliki tried as a war criminal at dinarupdates.com/blog/ – be sure to “verify” your signature!!

BGG ~ This isn’t out of some sense of “self-justification” or spite. Nor do I think we have much say – ultimately… but it may give the White House a “political nudge” the direction they are already heading…

Further, it is the right thing to do. When those who have had their voices so violently taken from them cannot - it is incumbent upon those of us who can – to do so.

Be sure and forward it to everyone you know. Start this petition going viral!!

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Tlar - [Sorry for being cryptic, but thats how it is sometimes.  But yes, Elvis has left the  building, and has departed for places afar.]     tick tock, tick tock, tick tock.
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Aggiedad77 - I am going to say this one more time…Maliki is STILL the caretaker Prime Minister of Iraq…he will be in that capacity until such time as Abadi’s government is approved and seated…they HAVE to have someone running the country…Maliki is that person right now…yes Maliki IS stepping down and has conceded the job of Prime Minister to Haider Abadi but NOT UNTIL…such time he and his government is approved by Parliament.
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Mnt Goat - Today is Sunday 08/17 and all the news looks very encouraging that this week is shaping up to be an excellent window to finally see the final rollout of the revaluation of the Iraq dinar.  As you may already know that Iraq did finally shake off…the outgoing prime minister Nori Al- Maliki.  He is still physically around Badgdad but he is not very public these days. When they need him they call for him. He is under guard and carefully watched 24/7. This is contrary to what many believe that he has left the country.

So the next big step is for the new Iraq prime minister  to designate/nominate/chose his new ministers to form his Council of  Ministers on time.  As of September 11 the next Iraq constitutional deadline will expire for this task…on Thurs 8/14 we witnessed an announcement by the new Iraq prime minister Abadi that he would most likely have his council formed in only 48 hours.  He also stated he was targeting for the announcement to the news media of a fully formed government of Iraq on Sunday 8/17. That is today!  We still wait.

The CBI has also given nothing by favorable acceptance of wanting and approving an immediate rolling out of the currency back to its international status. Their hands are now washed of this effort. They wait now like us investors.  Along with this will be the new reinstated/revalued rate.  In fact we may never see the reinstated rate since I believe they will go directly to the revalued rate. I do whole heartedly believe we are once again in a very sweet spot to see the RV announcement this week sometime. Be patient it is coming.
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Tman23  Article quote:  ”…a prominent figure in the Kurdish alliance that will get ministerial posts in the next Government, former Foreign Minister Hoshyar Zibari, Khalid shawani wekhsro Curran”, adding that Zebari will serve as Deputy Prime Minister…“  a Kurd as Deputy PM…Thats power sharing!
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home7

Iraqi Dinar/Dollar auction 08-18-14

Currency Auctions Announcement No. (2747)

This daily currency auction was held in the Central Bank of Iraq on the 18-Aug-2014

The results were as follows:

25k-Iraqi-Dinar-200x96DETAILS                                                              NOTES
Number of banks                                                 20
Auction price selling dinar / US$                       1166
Amount sold at auction price (US$)                  269,619,000
Total offers for buying (US$)                             269,619,000

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

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Millionday - [Do we have any idea when esx is opening international trade? Is it still aug/sept?]   IRAQ MOVING TO A FREE MARKET ECONOMY IS HUGE FOR ALL ECONOMIES WITH THE TRADE AGREEMENTS THAT COMES WITH IT.   IT HAS BEEN REPORTED TO BE AUGUST AND…SINCE THE ORIGINAL REPORT I HAVE NOT SEEN A CHANGE.
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BGG ~ Maliki set Anbar on fire to maximize his chances in the April 30th elections (he had to “displace” the Sunni voters – the peaceful demonstrations were getting too big). He gave orders (from Baghdad) for the Iraqi Regular Army to leave their weaponry and retreat in the face of ISIS advances – knowing this would likely fracture Iraq further and increase his leverage in the “post-election negotiations”. It did – he nearly ran the table. However, the opposition hung tough in the end…

Maliki will have to answer for these and other human rights atrocities - Hawija, Camp Ashraf (twice) and at least one earlier massacre… the ICC (International Criminal Court) is about to have their way with him.

Read More: http://dinarupdates.com/blog/
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Tlar - Article Quote:  “Coalition leaders met on Saturday to determine the mechanism of dialogue with the political parties concerned to form a ministerial cab It was noted that the Prime Minister outgoing Nuri al-Maliki has missed the meeting.“   Maliki went missing yesterday. It would be my guess that he ran last night fearful of the government being put together.  Everything for him is downhill from now. The government is talking about crimes as MP’s from the Sunni’s and the Kurds have started talking of murder and mayhem…The government itself talking of audits of Ministries looking for the theft they have been accusing him of for years.  Now once this government is formed or Maliki is verified out of the country, the countdown to D- Day begins.  D-day = RV.  That’s the way I see it…we are all keeping our fingers crossed.
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Ebadi chairs meeting to discuss accelerating budget ratification

budgetBaghdad (Forat) –The First Deputy Speaker of the Parliament, Hayder al-Ebadi, emphasized the necessity to intensify the meetings of the temporary committee assigned to consider the endorsement of the State Budget.

The media office of Ebadi reported in a statement received by Alforat News Agency “Ebadi chaired a meeting for the temporary committee assigned to discuss the ratification of the budget…

Read More: http://dinarupdates.com/blog/
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EXOGEN - Article quote:  “Prime Minister Haider al-Abadi allocate costs $ 500 per family of Iraqi oil imports and the proposals included in the budget of 2014…“    DOES ANYBODY SMELL THE HCL HERE?  (Abadi citizen demands to allocate $ 500 to each family of oil imports)   Sounds and smells like HCL to me!!   $500.00 X $3.71 (PROJECTED) IS A NICE PIECE OF CHANGE FOR A HOUSEHOLD THAT HAS HAD NO INCOME STREAM IN IRAQ.  NOTE: THIS FEE IS PAID TO ALL IRAQ CITIZENS.  IMAGINE IF YOU HAVE 5 PEOPLE IN YOUR HOUSE…Santa Claus is Coming to Town.
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Poppy3 - 
SOMEONE SPELLS WORSE THAN ME. THEY POSTED MALIKI LEFT BECAUSE OF PROSTITUTION … I WAS TOLD BECAUSE OF PROSECUTION.  I KNEW HE WAS CORRUPT BUT WASN’T AWARE OF THE WOMEN. WHEN DID HE HAVE TIME WHILE SCREWING UP ALL THE POLITIC’S.  LOL,LOL .
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Millionday - [Is parliament tomorrow or Tuesday?]  TOMORROW [SUNDAY].    REMEMBER THAT THE HCL IS SUPPOSED TO BE ONE OF THE WHOPPERS ON THE AGENDA FOR THE PARLIAMENT SESSION. THEY MAY HAVE REFUSED TO COMMENT BUT WE KNOW THAT THE HCL – ARTICLE 140 AND THE BUDGET ARE ON THE AGENDA…

HE [ABADI] IS CHOOSING THE MINISTERS THAT WILL COMPLIMENT THE NEEDS ECONOMICALLY OF THE COUNTRY.  HE IS PLANNING ON CUTTING BACK THE NUMBER OF MINISTERS TO WHAT THE NEEDS ARE OF THE COUNTRY…NOTICE THE DIRECTION HE IS ALREADY GOING IN SAVING MONEY THAT HAS COME OUT OF BUDGET FOR TOO MANY WORKERS…HIS GOAL IS TO MINIMIZE THE BUDGET EXPENSES ALREADY.  THEY ARE PLANNING ON PUTTING SOME OF THE JOBS OF MINISTERS TOGETHER AND THAT WILL MINIMIZE PAY.
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Tlar - Article:   ”Reveals the intentions of raising the value of Iraqi dinars for each equal to one dollar“   Article from 2011.  Everything in the article is old.   Smalls were printed in 2012 per contracts let.  Price of dinar is higher now by quite a bit.  1 to 1 was what they had planned to do before they even new the total damages in terms of debt.  80% of the debt has been paide.  Most of the dinars collected off streets.  Banks are now world ready and the reserves and gold are 2x’s what they were.  The kick is that the US debt is much higher also requiring a bigger valued dinar and Iraq can handle it now.

Early on at the middle of 2008 it hinted at 86 cents when they did the strategic study, but even this article from early 2012 says 1 to 1 so it was higher already by the first quarter of 2012 than what the study recommended.   From that we can conclude that as the reserves grow and circulating currency reduces, the rate is moving also.   The longer they have held out, the higher it has become.  They will hold the currency at what ever number they come out with for some period of time.  The 2008 study suggested 2 years.  During this period no matter what they finally decide to do the currency will still be a managed rate.
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Check out the Dinar Corp 120+Max – it’s EQUITY!!

Commercial Solicitation

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Poppy3 - the only connection between the rv and the budget is that the budget has to reflect the VALUE the budget is to be FUNDED AT.   AS FAR AS ONE CAUSING THE OTHER…THEY DON’T CAUSE ONE ANOTHER TO HAPPEN. THE BUDGET BEING FUNDED WILL HAVE TO BE AT THE RATE THEY EXPECT THE DINAR TO BE VALUED.   [they can adjust the budget to equal what the new value of the dinar will be.]  YES AT ANYTIME…BUT THEY HAD TO HAVE A VALUE TO BASE THE BUDGET ON IN THE BEGINNING BEFORE THEY COULD FIGURE THE BASE TO WORK FROM. 
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Kaperoni - Article:   ”More than 186 million dollars in sales the central bank auction today Saturday, 16 August / August 2014 13:19“   the CBI is reporting the Market Rate at 1217 for the past 10 days or so.
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lojak - [in the end, it really doesn't matter who's PM... Maliki, Abadi... and it doesn't matter where Maliki is... inside or outside Iraq...regardless...the monetary reform WILL move forward.]   ultimately it doesnt…but it may effect our timing of getting this thing over with.  I’ve been at this a long time.  I can tell you for a fact that M has been the sole reason this hasnt happened for 53 weeks…since 30 business days post chapter 7 release.
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Tlar - [Apparently, there is some chatter about that Maliki will stay in country...]  My money is on he will not stay. The government of Iraq will be chasing him shortly if he does. His government stole 600 billion under his control and the citizen lawsuits not to mention the charges that will be leveled on him for murder by iraq.  It is my belief Iraq is still reorganizing and is not ready to go after him just yet. But when the new government is ready, he better have disappeared. Iraq is just distancing itself from his regime and until the government is complete the accountability for these crimes are…on hold and Maliki is taking  advantage of this time. He sits there in the eye of the storm but the back wall of the hurricane is fast approaching and he wont be able to escape it.
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Poppy3 - TOMORROW IS THE NEW PARLIAMENT OPENING MEETING AND FROM WHAT I HEAR THEY HAVE A HUGE AGENDA INCLUDING THE BUDGET AND OTHER MAJOR PROJECTS TO VOTE ON.  WE AT THIS TIME CAN ONLY PRAY THEY MEET WITH CONFIDENCE AND AGREEMENTS SO THEY CAN COMPLETE THEIR JOBS EFFICIENTLY AND GET MANY THINGS ON THE AGENDA COMPLETE AND NOT POSTPONE THINGS THAT WILL MOVE IRAQ FORWARD.
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home7

Iraqi Dinar/Dollar auction 08-17-14

Currency Auctions Announcement No. (2746)

This daily currency auction was held in the Central Bank of Iraq on the 17-Aug-2014

The results were as follows:

25k-Iraqi-Dinar-200x96DETAILS                                                              NOTES
Number of banks                                                 18
Auction price selling dinar / US$                       1166
Amount sold at auction price (US$)                  240,785,000
Total offers for buying (US$)                             240,785,000

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

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Poppy3 -  OUR SOURCES…SEE ALL THAT IS POSITIVE HAPPENING AND THEY FEEL THE RV IS GETTING CLOSER AND ACTUALLY COULD BE RELEASED AT ANYTIME.   THEY ARE BEING RESERVED ON SHARING MORE INFORMATION UNTIL THEY SEE SOME MOVEMENT ON ALL THE NEWS THAT IS BEING BROADCAST TO THE PUBLIC.  …WE HAVE TO WATCH FOR ACTIONS AND NOT JUST LISTEN TO ALL THE RHETORIC…   NEXT PARLIAMENT SESSION WAS SET FOR THIS NEXT SUNDAY,  DAY AFTER TOMORROW AND THERE SHOULD BE A LARGE AGENDA AND WE NEED TO SEE HOW MUCH PLANNING AND COMPLETING THEY HAVE ACCOMPLISHED WHILE PREPARING FOR THIS MEETING.
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Aggiedad77 - Article:  “Reform: Abadi will form his government before the end of the constitutional period“  Regardless of what any political hack says..Abadi will get his government formed…when he gets it formed…  it does seem as though he is trying to fast-track things to get it done before the 30 day deadline…but still…as Yogi Berra said, “It ain’t over till it’s over.”  …the good thing is that it appears Abadi is now getting support from all fronts and blocs around him.
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BGG - Can they not get him to leave?  The more troubling issue is Maliki being in an “obstructionist” role now.

(I was referring to the potential news about Maliki continuing as “SLC chair”)
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Chattels - [Did you see...Maliki may have position in new parliament. Apparently he's still there?]  i never thought that Maliki was “gone”. He is still the incumbent Prime Minister, a true “lame duck”, but still the chief executive officer. He did not resign…as i understand the parliamentary system, Maliki is entitled to a seat in Parliament. He got more votes than anyone by a wide margin…now, whether he is appointed or elected by Parliament to a more “sovereign” position remains to be seen.   He has agreed to abandon his bid for a third term and step aside in “due course”, meaning when there is a duly elected/seated government.

[If he is offered a seat, is he still immune?]  there is no ABSOLUTE immunity…immunity depends upon the nature and proof of the offense.   I have been saying that there may not be alot of difference in the PM – designate and Maliki, both are Dawa party...i have not been calling for an rv just because Maliki will not have a third term…we have got to abandon this “culture ” of near/immediate expectation on the RV.  it is deadly for many.
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home7

Iraqi Dinar/Dollar auction 08-16-14

Currency Auctions Announcement No. (2745)

This daily currency auction was held in the Central Bank of Iraq on the 16-Aug-2014

The results were as follows:

25k-Iraqi-Dinar-200x96DETAILS                                                              NOTES
Number of banks                                                 13
Auction price selling dinar / US$                       1166
Amount sold at auction price (US$)                  186,310,000
Total offers for buying (US$)                             186,310,000

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

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Millionday - THE STUDIES TO MOVE FORWARD WITH THE ECONOMIC REFORM HAVE BEEN COMPLETED.   THEY ARE PREPARED TO MOVE FORWARD WITH THE DIVERSIFIED MARKET AND THEY EXPECT SUCCESS IN IRAQ`S SELF SUFFICIENT PLAN FOR ALL CITIZENS AND THE COUNTRY…THEY HAVE DECLARED THAT THEY ARE PREPARED TO SEE THE ECONOMIC REFORM ACTIVATED – THE LAWS ARE READY AND THE COUNTRY IS READY THROUGH ADMINISTRATION AND ALSO THE DEPARTMENTS AND CHANGES THEY HAD TO GET DONE. 

THEY HAVE COMPLETED PREPARATION AND ARE READY FOR THE NEW POSITION TO MONITOR THE EXCHANGE RATE – THE PRICES - AND ALL OTHER REGULATIONS PUT IN PLACE FOR THE ECONOMIC REFORM AND BANKING REFORM – CBI HAS MANY THINGS IN PLACE TO ENSURE SUCCESS AS THEY ENTER THE GLOBE…THEY EXPECT THAT DUE TO THE QUALIFIED EXPERTS, INFORMATION, AND ALSO ALL THE STEPS THEY HAVE TAKEN THAT THE ECONOMIC TRANSITION IS EXPECTED TO BE A SUCCESS.
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Tman23 - Parliment is scheduled to seat some ministers on the 19th…… Obama is leaving Marthas Vineyard to the Whitehouse Monday and Tuesday for special meeting that NO ONE KNOWS what it is about……… he will return to MV tuesday evening…………. I got more good news…..but think about the time lines and the ESF…..exchange stabilization fund…….(under the UST)
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Aggiedad77 - Article:  “Maliki to leave the family to Beirut“   In the recent days Lebanese officials at the Beirut airport have reported a number of Maliki’s family showing up with large loads of bags….reporting that Maliki’s family and his son apparently have left for Beirut several days ago.
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lojak - no laws need passing, they are all done –at least the ones we care about…they are done.
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Retweeted by Dinar Updates

Reidar Visser @reidarvisser 

#Iraq‘s Maliki not running away after ceding power to Abbadi: Late Friday, he chaired a meeting of State of Law bloc.

Embedded image permalink

Read More: http://dinarupdates.com/blog/
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WMAwhite   Article quote:  “Maliki to leave the family to Beirut 47 mins ago Lebanese sources said at the airport in Beirut, said several flights carried out by close family and members of the al-Maliki to Beirut during the five days with large loads of bags. mentions that the family of al-Maliki and Abu Ahmed Rehab and son left Iraq a few days ago.”
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Aggiedad77 - Article:  “UN welcomes the resignation of Maliki from office”  UNSC Secretary General Moon welcomed Maliki’s decision to step down and to pledge support for his successor, Abadi…Moon added he is looking forward to a swift transition.
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pinocchio-smileyLONG copyEXOGEN - PAY CLOSE ATTENTION TO THE PRICES OF GOLD AND SILVER TODAY, AND THE FORMATION OF THE NEW IRAQ GOVERNMENT & THE ELIMINATION OF MANY MINISTRIES IN IRAQ AS THE BUDGET IS STREAMLINED.   THE EAST TO WEST MOVEMENT IS OFFICIALLY IN MOTION GLOBALLY.  PAY CLOSE ATTENTION TO BANKS LOCATED IN FREE TRADE ZONES.  USA BANKS ARE NOW TALKING IF YOU ASK THE RIGHT QUESTIONS (HINT HINT).
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Check out the Dinar Corp 90 – it’s EQUITY!!

Commercial Solicitation

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Chattels - Article quote:  “Ebadi said in a press statement “There are several priorities for the next government such as eliminating the corrupted officials and reduce the costs of the ministries in the next budgets by reducing the number if the ministries.”  the foregoing taken together with a news article from several months ago may mean that there will be only 16 Ministers in the ” new” COM.  Quote:  “there is a vision within the National Alliance to reduce to 16 ministries and ministry only, noting that” this vision have been welcomed by most of the political blocs.
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Poppy3 - ABADI IS NOW SAYING HE WILL HAVE HIS CABINET FORMED BY NEXT WEEK WHICH IS EVEN SOONER THAN HE FIRST STATED. WE NOW HAVE A MUCH BETTER POSSIBILITY OF A RV BEFORE THE END OF THE MONTH.

DR SHABIBI HAS ALWAYS BEEN WORKING FOR IRAQ FOR THE IMF HE IS STILL IN A KEY POSITION AS ALWAYS JUST NOT WITHIN IRAQ BECAUSE OF MALIKI’S TRUMPED UP CHARGES AGAINST HIM. REMEMBER WHAT DR SHABIBI TOLD US AFTER HE HAD JUST MET WITH IMF ABOUT WHAT RATE THEY WHERE APPROVED FOR.   IMF APPROVED $3.22 PLUS UP TO 20% MORE FOR INFLATION DURING THE WAR. WHICH MEANS UP TO $3.86.

THAT RATE APPEARED ON THE IMF WEB SITE FOR 3 DAYS AND…NOT ONE OFFICIAL PERSON HAS EVER STATED ANYTHING DIFFERENT FROM THAT.  YES MUCH HAS HAPPENED SINCE THEN BUT ALL THAT HAS HAPPENED IS INCREASED THEIR NET WORTH SO IF ANYTHING IT COULD BE HIGHER. THEY ALSO HAVE STATED MANY TIMES THE  DINAR WOULD HAVE THE HIGHEST RATE IN THE MIDDLE EAST WHICH NOW IS KUWAIT AT $3.58 RIGHT NOW.
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Kaperoni - Article: “Maliki: relinquish the premiership in favor of Abadi to facilitate the functioning of the political process“  I am certain that Maliki would never be acting this way unless there is motivation. He pretty much dug himself in and stated he would not give up a third term.  Article:  “Failed assassination attempt on Prime Minister-designate Ahmed Haider Abadi, led by Nuri al-Maliki led to the injury of the latter injured“  Looks to me that we have a clear reason for Maliki’s change of heart…he got caught!…it seems apparent that he tried to take out Abadi today which then would have kept him in power (at least for the time being). “A change of heart” does not cut the mustard when it comes to Maliki.
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Failed assassination attempt on Prime Minister-designate Ahmed Haider Abadi, led by Nuri al-Maliki led to the injury of the latter injured

Source said early today that the prime minister-designate to form a government Haider Abadi has survived an assassination attempt treacherous in Baghdad’s Green Zone,

The source said in an interview with the news agency Buratha force headed by Ahmed Nouri al-Maliki’s son, Prime Minister of the outgoing tried to attack on the residence of Dr Haider Abadi took place there clashes between the force charged with protecting Dr. Abadi and between force, headed by Ahmed Nouri al-Maliki ended wounds in his hand and escape force intruding

According to the source familiar with the American force also participated clashes to protect Dr. Haider al-Abadi…

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

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lojak - I hate to break the news…but things will be going VERY fast, including the new govt and monetary policy change.   : )
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WMAwhite - Maliki: I withdraw my candidacy for PM in favour of Abadi to safeguard unity & stability of Iraq, political processz“ ”Maliki: I have not asked for any position in return for stepping down“   IMO the subject now changes from Maliki to the forming of the government and the passing of the budget because the new government can not do anything with the budget until the status of the IQD changes. Remember what Turki stated the first day after the election in April…basically, when the political is decided/complete I will not hesitate to move forward and complete the project.  Iraq will never be able to conduct international commerce unless the status changes of the IQD.   I see no advantage to Iraq coming onto the world market at a low rate.
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TD - YEP, M is gone BECAUSE he got most everything he wanted: immunity, residences, pensions, lifetime bodyguards, etc. etc. In any case people are relieved and finally able to look at a new and certainly more of a promising future. Word from there indicates that both Masum and Abadi are honorable men, persons of character and inclusive in both mind and heart. Iraqis are FINALLY blessed with the proper leadership. Both Masum and Abadi want and will improve the daily situation of the average Iraqi and eventually that also means being able to live on better wages and more purchasing power. This info is coming from my contact who has inner contacts with these folks.

Make no mistake much work lies ahead to now form a government, establish and modify programsAnd of course address the security situation which will require months of rebuilding the military to regain the over 1/3 of the country lost to the disgraceful ISIL group.  I can tell you firsthand that a new era of hope is swarming through the nation and it’s heart warming to see this occur.
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Maliki agrees to step aside, easing Iraq’s political crisis

BAGHDAD — Embattled Iraqi leader Nouri al-Maliki has agreed to make way for a new prime minister, a member of his political bloc said Thursday, conceding defeat after a tense political standoff. Maliki will back rival, Haider al-Abadi, who has been appointed to form a new government, the politician said…

Read More: http://dinarupdates.com/blog/
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Millionday - YES IT IS OFFICIAL — MALIKI HAS RESIGNED AND WOW WHAT PERFECT TIMING WITH EVERYTHING ELSE – NOW I AM OFFICALLY EXCITED…
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Chattels - Official: Al-Maliki to step down and convinces withdrew his complaint in Federal Court .”
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Tlar -  In the next 24-48 hours we should see the departure of Maliki.  Maliki had filed a lawsuit with the Supreme court as a last stand. The lawsuit is intended to stall or stop the formation of the government. The court if they do rule, will favor the citizens of Iraq. It will fall in favor of the new government. This afternoon Maliki got with his party and announced he will no longer seek the PM position. Rumor has it that he has accepted a deal. He has been granted some part of an immunity deal and has agreed to leave Iraq.  Today there was a protest in the streets of Bagdad.

THE CURRENCY:  The clock does not start with the formation of the new government as I had thought all along. The clock will start on the first verifiable news that Maliki is gone. Within 48 hours, TURKI WILL PULL THE TRIGGER. This is a currency with potential at any number they come out at. They are only producing 50% of the oil they intend to be producing by 2020, 6 short years from now. They will have solved their government problems and if they can get their act together economically, they will be the richest country in the world. Their currency should continue to increase in value over at least the next 5-6 years.
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“What’s next…” Dinar Talk INFO Call

w/BGG & WMAwhite … from Aug 14th

Click-N-Listen!!

Smart phone user link – Click here

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Millionday - ABADI BEGAN RIGHT AWAY WITH THE FORMATION OF THE GOV AND THAT IS GREAT – THEY ARE WAITING FOR THE FEDERAL COURT RULING TO ENSURE THAT IT IS ACCEPTED AS BEING RIGHT AND TO MOVE FORWARD – ALSO THAT THE ONLY POSITION MALIKI WANTS IS THE PM SO THAT IS GREAT TOO.  UNDERSTAND THAT HE HAS MADE IT VERY CLEAR THAT AFTER THE DECISION HE WILL AGREE TO STEP DOWN SO WE ARE WAITING AND SO IS THE ENTIRE PLAN – REFORMS – AND ALL COUNTRIES
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lojak - BREAKING: Maliki speech beginning now, standing with Dawa party leaders, is stepping down!“   Article:  Iraq’s al-Maliki to back new prime minister, officials say“   Guys, you may start your engines…Maliki gone is what many have been waiting on for a long time…as a matter of fact SInce August 8, 2013–which was 30 business days after they were released from chapter 7 sanctions.
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Kaperoni - Article:   “Statement of the Islamic Dawa Party on the mandate of Dr. Haider Abadi, the formation of new government“   Maliki’s own party has denounced him in favor of Abadi.  Maliki has nothing left.
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Check out the Dinar Corp 120+Max – it’s EQUITY!!

Commercial Solicitation

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Frank26 -  I am of the Mano a Mano school that believes in a 1 to 1 rateThe MoP and MoF know about 1.16/1.17 because it is derived from the program rate of 1166 via the removal of one digit.  They told the GOI in 2010 that would not work …That they needed a rate of 3.2108 and to add 20% more to it for 2011. Then o pulled us out at the end of that year and the rate was mugged by M with his demands of Dr Shabibi and the CBI.  When M FIRED Dr S …The rate simply went into hibernation until …Stability and Security returned. In other words …OUR TROOPS!!!   So, IMO, IF 1 to 1 is the 2014 budget’s fundamental start then the topic of 1 or 1.16/1.17 is ready to surface Without any FEAR.
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Millionday - [Is there in documentation that support the lower denom existence?]   YES THERE IS — THEY REPORTED THAT THEY HAVE PRINTED THEM AND ALSO WE HAVE READ LAST NIGHT THAT THE 100 AND THE 10,000 ETC WILL BEGIN EXCHANGE BY THE END OF THE MONTH IN THE PLAN TO REMOVE THE THREE ZERO CURRENCY.  THE INTERNATIONAL LAW REQUIRES THAT WHEN A CURRENCY (LEGAL TENDER) IS DISCONTINUED — THAT IT IS RECOGNIZED FOR A STATED AMOUNT OF TIME – IT IS A SIGNED LEGAL PROMISSORY NOTE — IT IS NOT GOING TO BE JUST INVALID.  THE GLOBAL ECONOMIC SYSTEM DOES NOT WORK THAT WAY…
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Chattels - Article:  “The head of the Iraq Center for Media Development, a member of the state of law coalition , Adnan al-Sarraj announced the postponement of the Federal Supreme Court, to Maliki’s appeal concerning Haider Abadi assignment and the formation of the next government, until further notice.“  [im guessing M could have gotten the court to stall?]   possible, but i would like to think that the stakes and pressures too great to “play” with or protract this situation any longer.   [Are you saying they dismissed Maliki's challenge?]  i am not. the article says expressly that any decision is postponed until further notice…my sense is that Maliki cannot “win” the appeal.
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Maliki gives up calling for PM post

Baghdad (AIN) – A source within the Dawa Islamic Party announced that the outgoing Premier, Nouri al-Maliki, gave up calling for the PM post.

The source added to AIN “Maliki informed the leaders within the Dawa Islamic Party about giving up calling for the PM post for some conditions.”

“Maliki requested to discuss the conditions with the leaders of the Dawa Islamic Party,” the source concluded without referring to the conditions…

Read More: http://dinarupdates.com/blog/
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Tman23 - Maliki has become a moot point…  One of Abadi’s first moves is out…he is meeting with the Kurds in Kurdistan. They are meeting over the seating of the government and setting the roadmap that will help benefit future negotiations and resolve outstanding issues. The Kurds FIRST in this process is just spectacular.
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lojak - Article:   “Bayraktar: Federal Court needs more time to decide on the pretext of al-Maliki“   IMO, they arent going to rule, and are saying in essence that the situation is going to/or has resolved itself, in that the DAWA party has publicly dumped Maliki and Sastani is meeting with Abadi.    The court has gone fishing–Maliki better pack his bags.  It is my understanding that he is on a short timer. He better take a deal that has been put on the table or he may be meeting his maker.  But the court clearly is saying that with the Dawa party and Sistani statements, this court ruling is not necessary.  

The US advised Abadi against doing his Press conference yesterday in Parliament and announcing his cabinet, to let the legal system do its thing.  Since they ( the court) basically have passed, saying that the situaion has pretty much resolved itself with the Dawa party and Sistani statements–I would think that Abadi will probably move forward.  BUT, it is my understanding that we (US/UN) want Maliki out…before any real military support happens and the RV occurs. There is a timer, and if he wants to live happily ever after, Maliki better take a deal.
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Jester - SOMETHING IS HAPPENING…THERE ARE SOME BANKING TYPE THINGS THAT ARE BEING DONE THAT WERE NOT POSSIBLE BEFORE… TRYING TO FIGURE OUT WHY… WHAT HAPPENED TO MAKE IT POSSIBLE NOW… THE THEORY IS…A DOMINO FELL AND CAUSED SOMETHING IN THE CASH FLOW TO CHANGE… SO THEY ARE DOING THINGS TO PROP UP THE CASH FLOW… WE’LL SEE.
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Poppy3 - THE BEAUTIFUL PART OF THIS IS WHILE THEY ARE PUSHING MALIKI OUT OF THE PICTURE AND THEY WILL …THEY HAVE CONTINUED TO IGNORE MALIKI AND KEEP DOING THEIR JOBS AND THE NEW PM IS MOVING FAST TO GET HIS CABINET SET AND READY TO PRESENT TO THE COUNTRY WITHIN THE NEXT 7 DAYS. WE ARE GOING TO SEE THE RV AND I THINK WELL WITHIN THIS MONTH AS LONG AS THEY CONTINUE THEIR FOCUS AND KEEP MOVING FORWARD.  TURKI HAS PLENTY OF SMALL DENOM TO RELEASE SO THATS NOT A HOLD UP AS SOME ARE SAYING.
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Adam Montana - [what still remains to be completed so an RV can happen?]    At this time – successfully seat the new Prime Minister, form the new Government which should be much more friendly and likely to make the HCL a reality, control the situation with IS.  [do you see things now more in our favor and moving quicker?]   I do see things moving quicker now - if they successfully replace Maliki with Abadi, things should be much better for all of Iraq.
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home7

Iraqi Dinar/Dollar auction 08-14-14

Currency Auctions Announcement No. (2744)

This daily currency auction was held in the Central Bank of Iraq on the 14-Aug-2014

The results were as follows:

25k-Iraqi-Dinar-200x96DETAILS                                                              NOTES
Number of banks                                                 18
Auction price selling dinar / US$                       1166
Amount sold at auction price (US$)                  244,818,000
Total offers for buying (US$)                             244,818,000

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

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Aggiedad77 - Maliki is still squirming as to be expected…IMO…he wants time to clear out his office…IMO…hidden meaning there…to purge any incriminating files that no one else needs to see…at this point he is not a well liked individual and because of the power that he has grown accustomed to having about him….he is reluctant to give it away.  It has also been pointed out that even some of Maliki’s own allies may turn against him…especially those who have other loyalties in addition to just him.  Continue to watch the news…especially that of and from the CBI.
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Randy Koonce -  AS long as Maliki is In the County the RV will not take place, the powers at be do not want Maliki to get credit for the RV…Does Maliki have a chance to remain PM of Iraq?   NO. NO. NO.  He only has the ability to delay his leaving.  The Iraq President picked Ibadi as the next PM and Maliki has screamed ever since…. they were smart tho because Ibadi was from the same party as Maliki and because of the Pick it fractured the Party and Maliki now only has 28 people to support him and he would need 167.  So as you can see…His only play is the delay leaving with every trick he can think of or go live in London where his house is and family.

Guys this process will be in and all over the news over here…if you have watched fox for the last few days they have been covering Iraq closely and everyone including the Ayatollah Khomeini from Iran has told Maliki to step down… So the steps that we are looking for is Maliki out of the GOI and Political process and Country then the RV will take place…Not before.   No one has cashed out any Dinar and it will not be over 8 bucks.  Just wait and this thing will happen.  It is getting closer.   The Reason they still call Maliki PM is because he has not stepped down but in reality he should have no power.  But we will see the end within the next few days…And by end I mean Maliki out of the country.
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Federal Court postponed its decision concerning Maliki’s appeal until further notice

BAGHDAD / NINA / A member of the state of law coalition, Adnan al-Sarraj declared the postponement of the Federal Supreme Court, concerning Maliki’s appeal declared about the unconstitutional assignment of Haider Abadi to form the next government, until further notice…

Read More: http://dinarupdates.com/blog/
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Poppy3 - TODAY IN IRAQ THEY HAVE TO TAKE A 25,000.00 NOTE TO BUY A 1/2 GALLON MILK…AFTER THIS RV HAPPENS THEY WILL TAKE $3.50…JUST LIKE WE WILL EXCEPT WE WILL HAVE A LOT MORE $$$$$$$ AVAILABLE.   THE PRICES IN THEIR STORES WILL ADJUST ACCORDINGLY. ALL PRICING WILL HAVE TO BE CHANGED THATS WHY EVEN DR SHABIBI SAID IT WOULD TAKE A MINIMUM OF THREE DAYS TO MAKE THE CHANGES THAT WOULD NEED TO HAPPEN.
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Adam Montana - I’ve said it before, and I’ll say it again…sometimes it’s good to be wrong.  I’ve held onto the belief that Maliki would remain in the position of Prime Minister, but now there is a serious chance that he will be replaced.  For those of you just tuning in, President Fuad Masum has made a bold move and declared Haider Al-Abadi the new PM, and gave him 30 days to form the government.  There are a couple of things to consider on the matter, so I won’t be making any statements like “He is GONE” - it would be foolish to underestimate Maliki and possibly over-estimate the new President Fuad Masum’s ability to stand by his decision. Maliki does have supporters and is indeed a very powerful man in Iraq.

Another important point – the new President of Iraq is a Kurd (Sunni), but the new choice for Prime Minister was chosen out of the same political party as Maliki. This is a strong indicator of exactly how powerful the Shiite clan is in Baghdad and in the government there, which begs the question…Will a new PM make a difference? After much research on the new choice for PM Haider Al-Abadi, I think it will. Although they are of the same political party, Haider Al-Abadi is a much different man than Maliki… Abadi appears to be more of a diplomat. He will be much more likely to reach across the aisle and compromise or even help the Kurds, and that’s something that is desperately needed  right now.  So at this time, we wait a short 27 more days to see if Abadi can be successful in actually pushing Maliki out and forming a government.
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Tman23 - The word I have is Maliki has recognized the new PM and agreed and set conditions are being worked out for his (Maliki) departure…The news is conflicting so we shall see.  I believe…Maliki leaving.
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Barzani declares full support to Abadi to form a new government

undefinedBAGHDAD / NINA / The president of the Kurdistan region, Massoud Barzani declared full support for the assigned prime minister, Haider al-Abadi to form a new Iraqi government.

The presidency of the province in a press statement that “the regional president Massoud Barzani made a phone called with Abadi and discuss with him forming a new Iraqi government, declaring his full support to him.”…

Read More: http://dinarupdates.com/blog/
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Millionday – THE REPORT WE HAVE HAD IN THE PAST FEW DAYS ABOUT THE PRINTING WAS OF SMALL DENOMS.   THEY ARE CALLING TO REPLACE THE CURRENCY AND CHANGE THE COUNTRY FINANCIALLY.  THEY ARE SAYING…THAT THEY ARE ASKING TO MOVE FORWARD NOW WITH THE CHANGE IN THE ECONOMICS AND MONETARY POLICY AND THE EXCHANGE OF THE CURRENCY – THEY WILL HAVE TO CHANGE THE RATES TO CHANGE THE FINANCES OF THE COUNTRY AND ALSO ACTIVATE THE MONETARY POLICY.

THE ONLY WAY THE SMALL DENOMS AND THE MONETARY POLICY CAN BE LAUNCHED AND A FREE MARKET ECONOMY CAN BE ACTIVATED FOR IRAQ IS FOR THE TRUE VALUE AND THE INTERNATIONAL RATES TO BE CALCULATED AND RELEASED – REMEMBER THEY ARE TALKING ABOUT USING THE MASTERCARDS AND THE SMART CARDS …TO HAVE AN INTERNATIONAL RATE FOR ALL COUNTRIES AND THE ONLY WAY TO HAVE A FREE MARKET ECONOMY AND BUY ON THE INTERNET IS TO HAVE INTERNATIONAL RATES THAT ARE TRUE – THE RATE IT IS RIGHT NOW WAS IMPOSED AT 1166— OR AROUND AND THIS IS NOT WHAT THE VALUE IS OF THE DINAR NOR HAS IT EVER BEEN — IN HISTORY. THE FACT THAT THEY ARE ACTIVATING THE MASTERCARD AND LAUNCHING FREE MARKET ECONOMY SAYS TOTAL ECONOMIC REFORM. 

THE RV — IT IS DEFINED AS A REVALUE — THAT MEANS THAT THE VALUE OF THE CURRENCY WOULD BE CHANGED TO WHAT IT SHOULD BE –A CALCULATED VALUE THAT WILL BE ON THE UN SITE AND ALSO THEIR TRADE VALUE.   WHEN THEY ARE DECLARED INTERNATIONALLY RECOGNIZED FOR TRADE — AS IN THE FREE MARKET ECONOMY – THEY WILL RELEASE THE VALUE THEY HOLD IN TRADE FOR EVERY COUNTRY ON FOREX AND ALL TRADE SITES AND CBI – WE EXPECT THEM TO BE WORTH MORE THAN THEY ARE RIGHT NOW — SO WHEN THEY RELEASE HOW MUCH THEY ARE WORTH WHEN SOLD FOR US DOLLAR — YOU WILL TAKE THEM TO HAVE THEM EXCHANGED THEN.
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EXOGEN - The new Iraq Prime Minister should be permanently positioned within the next 24-48 hours, and transition from Prime Minister Designate to the acting Prime Minister.  The cabinet is close to 90% completed, and the required number of seats for a complete GOI has been reduced. All central banks have been integrated globally with the new banking system…Global arrests are taking place daily and LIVE rates are showing up WORLD WIDE. International currency holders should start checking their banking resources “minute by minute” as the rate “ROLLS OUT” from EAST to WEST.  The Iraq international Smart cards are projected to be activated this WEEK!

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Frank26 - There is a form of peaceful protest going on within this NEW GOI against M [Maliki].  They are very impressive.   Basically, They are clearing out of the way of M’s  Line of sight.  The next few hours or days Will not be pretty for M…They will be pretty ugly.
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GURUIntelTerryK - SO WE HAVE A NEW PM SWORN IN TODAY.  I WAS TOLD THAT THE CARDS ARE BEING PUT OUT TOMORROW…FOOD RATION CARDS.   SO HERE IS WHAT I GOT TODAY…WE WILL SEE THIS THURSDAY.  I DID NOT GET A RATE.   SO LETS ALL KEEP OUR EARS PEALED FOR TOMORROW BUT WORD IS WE WILL SEE IT THURSDAY. THIS IS OUR WEEK.
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Tlar - The dollar is not sound.  The plan to fix the dollar starts with the dinar. The plan to fix the world economy starts with the dollar.  If we don’t at some point fix the dollar and the dollar caves in value, every country out there will be affected. That’s what the IMF has been trying to fix in conjunction with every major institution and if you understand and believe this, then it is not too difficult to fill in the blanks on why this experiment in Iraq has to work and has to be successful. If I am right and I believe I am, it also has to be done soon or the growth of our debt most likely will outgrow the plans ability to fix it.
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Millionday - [Is al-Abadi officially in his position?]  NOT UNTIL HE FORMS THE GOV AND THEY WILL BE BROUGHT IN ALL TOGETHER — HIM AND THE MINISTERS.  HE HAS 15 DAYS TO SHOW PROGRESS AND 30 DAYS TO HAVE ALL IN PLACE.  THE OATH IS TAKEN WHEN THE PRESIDENT AND PARLIAMENT IS HAPPY WITH THE MINISTERS IN PLACE.  I SEE NOTHING THAT SAYS THEY HAVE TO WAIT.
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Jester - SO…GOT US A NEW PM… DINAR LAND IS ALL CONFUZZLED…WONDER WHAT THEY WILL COME UP WITH NEXT?  THE BANKING SYSTEM IS DOING FUNKY STUFF… THINGS THAT WERE NOT HAPPENING BEFORE ARE ALL OF A SUDDEN POSSIBLE… HMMMM…IT IS LIKE THEY ARE CAUGHT IN THE MIDDLE OF A SHIFT AND GOT CAUGHT IN BETWEEN…AND THEY NEED TO DO SOME STUFF TO KEEP THE CASH FLOW MOVING…NO WAY OF KNOWING WHO IS LETTING IT HAPPEN… ALL I KNOW IS THEY NEED MONEY AND CASH FLOW TO KEEP THINGS MOVING… WE’LL SEE.
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More Big News… Dinar Talk Call

w/BGG, Poppy & WMAwhite … Aug 12th

Click-N-Listen!!

Smart phone user link – Click here

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Poppy3 - [is the dinar that we hold going to stay as the Iraqi currency?]   OUR DINAR WILL BE GOOD AND WILL BE PHASED OUT AS COLLECTED AFTER THE RV AND WE WILL HAVE TIME TO EXCHANGE.
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BGG - Everyone – including the formerly “pro-Maliki” SJC has started the process of distancing themselves from him… much of this bluster about lawsuits is just that.  [if the seating of the COM doesn't trigger the RV I give up guessing.]  it doesn’t “have to”.   [Prob need to implement some laws first?]   Not IMHO.   IMHO – once Maliki is “gone” – completely, is when our possibilities are more likely.
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Lojak - Article quote:   “Prime Minister-designate Haider Abadi began talks with the parties of the country’s parliament on the formation of a new government.”   Abadi had the list of his suggested cabinet yesterday, and was already pitching their names in Parliament.  He’ll be done much sooner than the articles suggest.
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Check out the Dinar Corp 120+Max – it’s EQUITY!!

Commercial Solicitation

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Poppy3 - just received this from a friend…The situation although not completely resolved now looks as if it will be in short order. Maliki’s relatives have come out asking him to step down and transfer power to the new government peacefully. Maliki’s own legal department that has always done his bidding has now stated they will no longer work for Maliki but instead now work for the new government. The army which was my biggest fear because some were loyal to Maliki, are now on record saying they no longer answer to Maliki but answer to and will protect the new government. Obama came out in total support of the new government warning Maliki to back off and step down. Iran has recognized the new government as has Europe. One by one everyone is acknowledging change is here.

I CAN SAY YES THE WORST IS ABOUT OVER WITH MALIKI.  AS I STATED YESTERDAY I EXPECTED ABOUT 3 DAYS BEFORE MALIKI IS GONE OR HE IS ARRESTED AND REMOVED FROM PUBLIC. SEEMS HE IS LEAVING ONE WAY OR ANOTHER AND THE NEW PM HAS SAID IN PUBLIC HE WILL FINISH AND PRESENT HIS NEW CABINET WITHIN THE NEXT FEW DAYS,NOT THE MONTH HE HAS AVAILABLE.   THIS SOUNDS GREAT SO COME ON TURKI GET WITH THE PROGRAM AND TURN OUR MONEY LOOSE.
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Tlar - Today Maliki forced the CBI to wire transfer 328 million dollars. Another sign that he is preparing to leave the country IMO.  It is now my opinion that he will run in the next 24 hours.  Abadi is pushing to quickly finish building this government. He has stated he will be ready next week with his list of Ministers to take over their new positions.This list will be given to parliament and at that time they will vote to make it a government. The vote will be close or at unanimous because these guys are now for the first time all working from the same page. Even the SOL guys are working in unison with the parliament for the first time. Yesterday Abadi dismissed Maliki’s Ministers telling them they are through. 

It is my belief that as soon as the new government is complete and seated, Turki will do his thing. This is what I believe and has been backed up by intel that concurred my belief.  …I will hang tough on the next statement. The RV will be within three days of the government being seated and it is still $3.71 per dinar. I have come to this number based on 4 or 5 conversations and on experiences I have had over the last three months.

I was the biggest proponent of an 86 cent dinar on the internet. I have abandoned that number because of things that I have come to realize and things I have found out. So bless all of you for hanging tough.  Maliki stood in the way of progress in Iraq and the RV. He is very close to being gone. The people in Iraq are dancing in the streets of Bagdad today chanting Bye Bye Maliki. That’s not a fantasy of mine, they really are in the streets chanting Bye Bye Maliki. This is the first time they are in the streets dancing and singing. The second time they [will]  do it in a week or two from now, so will you and I.  I assure you.
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Millionday - Hashemi Iraq seeks to open the horizons of cooperation banking on the Arab and international levels through the establishment of a banking relationship with them…“   THEY ARE FINISHING THE LAUNCH OF THE MASTERCARDS AND SMART CARDS TO GO TO INTERNATIONAL AND GLOBAL BANKING…CREDIT CARDS, THE CREDIT AND ATMS AND INTERNET PURCHASES — THIS CANNOT BE DONE WITH OUT REALITY RATES.  CREDIT RATING THEY ARE WORKING ON — INTERNATIONAL COMPLIANCE COMPLETION AND GOV AND ALSO SWIFT CODES — AS WE HAVE EXPECTED ALL AT ONCE…THIS IS GREAT…
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home7

Iraqi Dinar/Dollar auction 08-13-14

Currency Auctions Announcement No. (2743)

This daily currency auction was held in the Central Bank of Iraq on the 13-Aug-2014

The results were as follows:

25k-Iraqi-Dinar-200x96DETAILS                                                              NOTES
Number of banks                                                 19
Auction price selling dinar / US$                       1166
Amount sold at auction price (US$)                  290,959,000
Total offers for buying (US$)                             290,959,000

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

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Tlar - Article quote:  “Maliki heads the caretaker government, but the position of the Armed Forces wasting his efforts to block the formation of a new government.  Baghdad – apparently increased the isolation of Prime Minister Nuri al-Maliki former ethnic Tuesday with military leaders pledged allegiance to President Fuad Masum, and respect his decision commissioned Haider Abadi form a new government amid widespread international acceptance.”    THE BEST ARTICLE OF THE DAY IS THIS.  ARMED FORCES PLEDGE ALLEGIANCE TO NEW GOVERNMENT.  This takes the stinger out of Maliki. 
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Aggiedad77 - Article:  “Finance Minister agency purity of net debt, balancing the budget in 2014 will switch from anticipatory planning to realistic budget based on real numbers“    Budgets based upon “real numbers”…the world at large should wake up and pay attention to this effort…it could be the first of its kind…if I am not mistaken several days ago I saw mixed in a news article that Abadi had been placed in charge of the temporary committee when it was formed back in July to study the budget and bring back possible solutions to Parliament…If that is so…could that have been an early “sign” of things to come in that he would eventually be the Prime Minister and intimately involved in the budgeting process anyway…
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Millionday - THE PRESIDENT OF IRAQ TOOK A NEW NAME FOR PRIME MINISTER  [ABBADI].  HE IS ASKED TO BEGIN FORMING THE NEW GOV RIGHT AWAY.  HE CAN FORM IT QUICKLY AND I TELL YOU WHY.  THIS MAN HAS BEEN IN THE POLITICAL ARENA FOR A LONG TIME AND IS WELL RESPECTED WITH ALL PARTIES AND HAS GREAT RESPECT FOR THE GOV AND THE LAW — AND ALSO WAS WITHIN THE FINANCIAL GOV…HE HAS A LONG RESUME’.   THIS PM HAS CLAIMED AND SHOWN THAT HE IS ALL FOR THE CITIZENS OF ALL OF IRAQ.
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home7

Iraqi Dinar/Dollar auction 08-12-14

Currency Auctions Announcement No. (2742)

This daily currency auction was held in the Central Bank of Iraq on the 12-Aug-2014

The results were as follows:

25k-Iraqi-Dinar-200x96DETAILS                                                              NOTES
Number of banks                                                 18
Auction price selling dinar / US$                       1166
Amount sold at auction price (US$)                  267,310,000
Total offers for buying (US$)                             267,310,000

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

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Chattels - from the language of the constitution, article 76: The Prime Minister-designate shall undertake the naming of the members of his Council of Ministers within a period not to exceed thirty days from the date of his designation.
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Poppy3 -  I SUSPECT WITHIN A COUPLE THREE DAYS THE INTERNATIONAL POLICE FORCE WILL COME IN AND ARREST MALIKI FOR POLITICAL OBSTRUCTION... JUST WATCH THEIR ACTIONS. THEY HAVE ALREADY ANNOUNCED HE WILL BE CHARGED AS SOON AS HE IS OUT OF POWER. WELL THIS OLD BOY THEY HAVE NOW AS PRIME MINISTER REPLACING MALIKI SHOULD BE GREAT FOR US AND SHOULD ACT FAST TO GET TURKI WHAT HE NEEDS TO GET THE RV RELEASED AND START THE FINANCIAL REFORM THEY DESPERATELY NEED.

HE NOW HAS 30 DAYS TO FORM HIS NEW GOI PANEL BUT FROM ALL INDICATIONS AT THIS TIME HE WILL MOVE VERY FAST TO COMPLETE THIS STAFF. GUYS HE IS FROM A FINANCIAL POSITION AND HAS BEEN FAMILIAR WITH THE CBI AND TURKI’S NEEDS FOR SOME TIME.  HE ACCORDING TO ALL THE NEWS WILL PUSH FINANCE FIRST. I DO NOT THINK THAT TURKI WILL NEED TO WAIT TILL THE ENTIRE GOI IS SET. WHAT HE WILL NEED IS MALIKI OUT OF THE WAY ONE WAY OR ANOTHER. WATCH THEIR ACTIONS…
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Jester - THEY HAVE NAMED THE NEW GUYS… AND I GOT INFO FROM SOURCES TODAY THAT BACKS UP HE [MALIKI] IS GONE ONE WAY OR THE OTHER…IT LOOKS LIKE EVERYTHING IS GOING THE RIGHT DIRECTION… NEXT ON THE LIST WOULD PROBABLY BE THE FORMATION OF THE GOVERNMENT… THEN THEY CAN WORK ON THEIR ISSUES.

WE HAVE THREE DISTINCT TYPES OF SOURCE RIGHT NOW…ONE IS THE UST CONTACTS…THEY CAN BE DIVIDED INTO TWO…DISTINCT TYPES… THE ONES THINKING IT IS RIGHT HERE EVERY DAY OR NIGHT AND THE ONES THAT ARE CAUTIOUSLY OPTIMISTIC ABOUT IT BEING CLOSE… MINE ARE THE LATTER NOT THE FORMER…TWO IS THE OUTSIDERS…THE LEGITIMATE SOURCES WE HAVE IN BANKING AND FOREX AND TRADERS AND SUCH…AND THEY ARE LOOKING FOR IT BUT TELLING US THINGS ARE “CLOGGED UP” RIGHT NOW…AND THREE IS THE THREE LETTER GUYS… WE LISTEN TO WHAT THEY SAY BECAUSE THEY HAVE BEEN RIGHT A LOT…SO THAT IS HOW WE GET THE INFORMATION IN A NUTSHELL SO TO SPEAK.
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National [Alliance] officially delivers candidacy [to] infallible [Massoum]  of Haider Abadi [for] PM

Start commissioning (Abadi) by a presidential decreeSource revealed that, of the National Alliance has formally handed over to the President of the Republic Fuad Masum, the decision of his candidacy leader in the Islamic Dawa Party and the current First Deputy Speaker of the House Haider Abadi for the post of prime minister in the new government…

Read More: http://dinarupdates.com/blog/
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Aggiedad77 - Article:  “Central bank: we have maintained the stability of the currency despite the instability in the markets“  What better lead off story than from the CBI and Governor Turki this morning…he insists that despite the turmoil witnessed in the markets in recent days and the ongoing security issues around the country the CBI has maintained strong stability with the currency at the same time…he says the bank attempts to work equally with private banks and government banks alike…Turki is going a good job of showing strength for the CBI during all the upside down issues that Iraq is experiencing.
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Millionday - Report quote:  ”al-Sadr congratulated Abadi for assignment formation of the government and discussed with him the political benefits to come.“   AS WE SEE — HAIDER AL-ABADI IS FORMING THE NEW GOV…HE HAS BEEN NOMINATED FOR THE POSITION OF PM AT THIS POINT … HE IS NOT SWORN IN SO FAR AS I CAN SEE… HE IS DESIGNATED TO BE PM. — BUT THE GOV IS TO BE FORMED BY HIM…IF HE FAILS TO START WORKING WHICH IS VERY DOUBTED BY ALL — HE WILL BE REPLACED WITHIN A COUPLE WEEKS.   HUGE NEWS.  THIS WILL MOVE FORWARD TO BE STABILITY QUICKLY.  THE UN IS HAPPY AND STATING THAT THE PRESIDENT HAS DONE HIS JOB IN NAMING WHO IS TO FORM THE NEXT GOV.  
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Tlar -  Iraq is in compliance with IMF’s article VIII international currency rules which means they are ready to go international with their currency. The WTO says that Iraq has met all regulations to become a full member and is just waiting on the WTO to stamp their certificate of ascension (I believe they are doing what the WTO said they would do in 2009 and that is the minute Iraq goes international with their currency and gives it value, they will get that stamp).

Turki put the following article out this morning saying the dinar is stable and has been unaffected throughout this process of government change, one of the two requirements for monetary change the other being the government issue “settled”. The laws pertaining to money laundering are in place and the banking system is complying to international banking laws. Through this article and his statements, he is implying that Iraq is ready for a monetary change.  Article:  “Governor of the Central Bank and the Agency Abdul Basit Turki 08/11/2014 14:50 Tomorrow’s Press / Baghdad: Student Central Bank of Iraq, Monday, private banks and financial trading companies to adopt mechanisms to the financial statements in accordance with the international regulations accredited.
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Check out the Dinar Corp 120+Max – it’s EQUITY!!

Commercial Solicitation

________________________________________________________________

Poppy3 - JUST GOT ANOTHER TEXT SAYING TURKI WILL REMAIN AT LEAST FOR A TRANSITION PERIOD OF THE NEW GOI, SO THAT SOUNDS VERY GOOD. WE KNOW HE HAS WANTED TO RESIGN FOR SOME TIME AND TRIED UNDER MALIKI BUT THAT WAS BECAUSE OF DISAGREEMENT WITH THE POSITION MALIKI KEPT PUTTING HIM IN. THIS IS SOUNDING VERY PROMISING. WE CAN SEE FOR SURE THOUGH THEY ARE NOT STATUS QUO THEY ARE IN A URGENT MOVE FORWARD MODE.   WITH THE ANNOUNCEMENT OF THE NEW PM WE HAVE NOW INCREASED OUR POSSIBILITY OF THE RV BY 50% OR BETTER AT ANYTIME NOW. 
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U.S. says backs Iraqi president after Maliki forces deploy in Baghdad

WASHINGTON (Reuters) - The United States “fully supports” Iraqi President Fouad Masoum as the guarantor Iraq’s constitution, the State Department said on Sunday after Prime Minister Nuri al-Maliki accused Masoum of violating the constitution…

Read More: http://dinarupdates.com/blog/
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Doc - To speculate who will be PM at this point is a frustrating exercise.  Rumors are all over the map and as we’ve repeatedly said we do not promote rumors.  The key is actually very simple.  What we want is the new PM/GOI to bring a sense of stability to the country.  And we believe this will only happen if the GOI strikes an inclusive balance between the blocs.  If it doesn’t civil war may rage on for some time now.  The reality of the situation is the currency will be pressured to move not in our favor as long as this situation exists.

We do concur with a very few…that the likelihood of a significant RV is virtually zero.  All factually information suggest the plan is for appreciation over time as the economy expands.  We still have not ruled out an initial small RV but it is very obvious the plan for major currency valuation increase is from gradual appreciation.  Unfortunately none of this is likely in the near to mid term with stability in the country.  We report, you decide.
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Chattels - Quote: ”Haydar al-Abbadi Is the New Iraq PM Candidate Posted by Reidar Visser on Monday, 11 August 2014 13:48…Today, what remains of the pan-Shiite National Alliance formally presented Haydar al-Abbadi of the Daawa party as their PM candidate. Abbadi will be charged by President Fuad Masum to replace the current PM, Nuri al-Maliki.”  Let’s revel for a moment in the prospect of peace and harmony in Iraq.  [So this new guy might be supportive of RV being former finance minister?]  Godspeed the completion of the Iraqi banking sector reform project!  Come “RV”!
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The beginning of the end of @NKMaliky – Prez Masum nominated @HaiderAlAbadi for PM

Embedded image permalink
Read More: http://dinarupdates.com/blog/

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SteveI - I have every reason to believe my sources that is telling me that former Prime Minister Maliki is now officially history. Yes will continue to rattle some cages, but nothing will become of it. I hope now focuses on his exit plans vs. his continued third term. I do believe it he stays and causes trouble, he will be arrested pursuant to the current charges against him in the International Courts. Our day is almost here. Now the next focus will be the rest of the laws including the budget.  Bright days ahead for all of us.
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Millionday - MALIKI IS SAYING THAT HE SHOULD HAVE BEEN NAMED THE PM AND THAT THE PRESIDENT WENT AGAINST THE CONSTITUTION BUT EVERYONE ELSE IS DISAGREEING – INCLUDING THE US…HE IS TRYING TO MAKE THE POINT THAT THE ATTACKS WILL GET WORSE DUE TO HIM NOT BEING PUT IN AS PM.  IT IS VERY CLEAR THAT HE IS NOT GOING TO SERVE THE 3RD TERM — HE IS THERE UNTIL THE NEW PM IS PLACED.   WHAT MALIKI AND HIS FRIENDS ARE DOING IS ILLEGAL — HE IS NOT ABLE TO CONSPIRE WITH THUGS AND HOLD PEOPLE AT GUN POINT OF THE IRAQI GOV AND THREATEN OR SCARE OR PLACE TERRORISTIC THREATS…

I WOULD SAY THAT THE ISSUE UNDER INTERNATIONAL LAW WILL BE RESOLVED…SPECIAL FORCES WOULD RESOLVE THIS VERY QUICKLY.   SO KNOW THAT THIS WILL NOT BE AN ON GOING EVENT BY ANY MEANS.  [if the US decides to stay in Iraq will they have to stay at the imposed rate? or can they still RV?]   THEY ARE WORKING ON THE REFORMS SEPARATELY FROM THE SECURITY ISSUES — THEY CAN STILL MOVE FORWARD AS WE SEE THE PROGRESS THEY ARE DOING NOW.  [Do we need the Budget passed for the RV? Or no?]   NOT IN MY OPINION.
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Tman23 ~ Isn’t all the news just GRAND ! A COUP…NO COUP… IN, OUT, UP, DOWN…A negative following every positive…Misinformation is abundant. But official reports now say Adadi is the name… There will be no constitutiional legal arguments that have any merit, not with the US, Britain, France, and Japan overseeing the finer details…
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home7

Iraqi Dinar/Dollar auction 08-11-14

Currency Auctions Announcement No. (2741)

This daily currency auction was held in the Central Bank of Iraq on the 11-Aug-2014

The results were as follows:

25k-Iraqi-Dinar-200x96DETAILS                                                              NOTES
Number of banks                                                 19
Auction price selling dinar / US$                       1166
Amount sold at auction price (US$)                  283,921,000
Total offers for buying (US$)                             283,921,000

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

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lojak - Its getting more “official” by the minute!  Quotes: Jaafari’s office: infallible Abadi officially commissioned and convey it in a press conference ”Nominated and the Iraqi National Alliance, earlier in the day Monday, first deputy chairman of the Council of Representatives Haider Abadi for prime minister, a majority of 127 deputies.”  For over a month, it has been blatantly clear in articles that he [Maliki] was going to leave.  I think he may now just move on fairly quickly.  With the Supreme Court ruling against him today…he is totally without recourse.  he is still PM of the caretaker govt until they vote in Abadi…according to a phone call I just got.  the state dept has already met with Jabouri and Masaoum and is pushing hard to get this to Parl at the earliest moment.
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BGG - Maliki trying to arrest all of Parliament and all the major political leaders.

How about some context?? Sheesh!! My chat comments last nite were… 

[BGG] Will you guys quit dreaming up the worst thing you can think of??

[BGG] please…

[BGG] Just relax gang – why don’t we wait until tomorrow morning – or better yet, about 48 hours and then worry.

[BGG] (sorry to step on News Time)
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Tlar - We all realize this is an unfolding story.  Maliki is paranoid, knows he is going to be arrested, has 25 billion dollars and does control the military at this point.  He has been threatening everybody including al-Sistani in the last 24 hours and saying the fires of hell have will be let loose if the will of the people is not honored (he is referring to all the votes he stole as he thinks he has the peoples mandate in his mind).  Then we get an article saying that Massoum’s house has been blown up.  Massoum threatened to quit because of threats and pressure being made by Maliki.  And then security forces are spread out all over Bagdad that nobody knows for sure who controls them and the green zone is now on lockdown.

Then this article stating that the MP’s staying at this hotel, the Rashid which would be many MP’S all out of towners from the Sunni areas and Kurdistan and all towns outside of Bagdad like Basra etc.,  which includes the new POP are all under house arrest.  It looks all the world to me like those forces Maliki said would be released on Iraq are being released by Maliki himself.  This looks to me like what it probably is, a military coup with Maliki trying to take control over the government of Iraq by force.  I may be a little pre-mature guys in saying this, but if it looks like a duck and quacks like a duck, well you know where I am going with this.  I hope I’m wrong.
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Just received: National Alliance letter being sent to the Iraqi President now. Abadi is the Shia bloc’s PM nominee

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

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Chattels ~ from my friend: THERE IS MUCH BACK LASH COMING…THIS IS NOT GOING OVER WELL, SOL IS SAYING NOW HE DOES NOT REPRESENT THEM, BUT ALLIANCE IS SHOWING FORGED DOCUMENTS ON TV…WE WAIT FOR THE INK
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lojak - Sources within the Rashid Hotel in central Baghdad on the detention of a large number of deputies, including the head of the new parliament in the hotel and the imposition of house arrest amid them hear the voices of intermittent fire“  what we dont know at this point is who are these forces?…they could very well be security forces NOT loyal to Maliki, but sent there to anticipate problems…its waaaaay to early to jump to conclusions.  There isn’t an actual coup, Baghdad is calm. Maliki has raised the stakes through his statement, it’s the Iraqi form of poker (or chicken) .
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Kaperoni - Maliki has surrounded himself and Tweets of explosions in or near his presidential palace.  Maliki was just on Iraqi TV basically saying he will not step down. That the president has violated the constitution for failing to nominate him for a 3rd term. Immediately thereafter that broadcast, he has deployed troops around the green zone. 
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Troops surround Baghdad “Green Zone” as outgoing Prime Minister Maliki appears to cling to power

Coup? An Iraqi holds up an image of Prime Minister Nuri al-Maliki as they gather in Baghd

UNCONFIRMED reports suggest troops and tanks have sealed off Baghdad’s “Green Zone” in an apparent coup.

“There is a huge security presence, police and army, especially around the Green Zone,” the highly-protected district that houses Iraq’s key institutions, a high-ranking police officer has confirmed to AFP.

Iraqi Prime Minister Nuri al-Maliki made a suprise announcement early this morning on state television, stating he intended to file a complaint against President Fuad Masum for violating the constitution.

“Today I will file a formal complaint to the federal court against president Masum,” he said, in the midnight address…

Read More: http://dinarupdates.com/blog/
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Tlar - Its insane for them to still have not announced a PM this late in the game.  The most encouraging article is the one saying the coalition has finally decided to quit negotiating with…(Maliki and the leadership of the SOL) and will decide who will be the nominee while ignoring Maliki and his party altogether.  They should have done this 2 weeks ago.  Instead they have continued to try to work it out up until the final hour.    Masum will pick the NA over the SOL.  The SOL is only now potentially 25 guys out of a total of 178 and will NOT be allowed to dictate who the PM will be.  The coalition better come forward quickly with their nominee. 
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Aggiedad77 - Source: “Masum cost-Maliki to form the government and the Badr and independents withdrew their reservations upon“  So the debate continues…who is the biggest…definitely Maliki thinks he is the biggest and definitely can cause the most damage if he does not get his way…but the National Alliance seems to be hanging on as well…and President Massoum appears to want to give the NA leadership every possible chance to put a name on the table…someone that will be capable of replacing Maliki…I’m just not sure the NA will find a “willing” candidate who does not feel threatened by Maliki’s forces…one way or another it would seem that the next few hours hold an announcement to be made…a decision…and the future of Iraq.
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Millionday - Article quote:  “Vacated Prime Minister outgoing Nuri al-Maliki in his office building, prime minister of the personal needs and sensitive files. A source in the office of al-Maliki told ((eighth day)) that the evacuation process initiated since the early hours of Friday…“  MALIKI IS EVACUATING ALL OF HIS BELONGINGS. THERE ARE NO GUARANTEES THAT HE WILL NOT BE WITHOUT LEGAL MATTERS.  SO THAT IS WHAT WE…STAMP AS HUGE PROGRESS.
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Breaking News .. The Parliament holds its meeting on Sunday

BAGHDAD /NINA/ A parliamentary source said on Saturday that the House will hold its session at noon on Sunday after it was decided the day after tomorrow.

The source told the National Iraqi News Agency / NINA / that the parliamentary blocs have been informed of the new date. / End                                         NinaNews.com
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Tman23 - Word is Al Jaafari is the Prime Minister…And Maliki conceded the position to him…I was told …that some were heard referring to jaafari as Mr. Prime Minister…so we shall see as the deadline is Monday 11pm.
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Poppy3 - WEAR YOUR SMILES TODAY…THIS IS A AWESOME WEEK COMING UP.   GET IN THE HAPPY MODE NOW WHY WAIT AND WASTE A MIN.
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Chattels - IT APPEARS THAT THE POLITICAL HEADS/NATIONAL ALLIANCE/SLC ARE STILL WORKING (LITERALLY PERHAPS FIGHTING) TO SELECT A SINGLE CANDIDATE FOR PM, BUT THAT OTHER BUSINESS IN PARLIAMENT IS ADJOURNED UNTIL THE 19TH.  [we could be in for a long drawn out battle and no RV?]  ALWAYS BEEN A DISTINCT POSSIBILITY.
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Iraqi lawyers: Maliki will stand in front of the International Criminal Court as a war criminal


BAGHDAD - 
Prominent Iraqi lawyers revealed for the International Criminal Court delivered the first cases of documented evidence that condemns Prime Minister outgoing Nuri al-Maliki of war crimes committed with army commanders in different Iraqi cities, including Fallujah and Hawija and the province of Najaf during the past eight years of his rule the country…

Read More: http://dinarupdates.com/blog/
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Chattels - [posted at 8:27 a.m.]   From my friend watching live: WAITING FOR THE PRINT ON IT, THIS IS HAPPENING LIVE…HOLD ON, FLASHING ADJOURNED UNTIL 8/19.   BIG TROUBLES AGAIN…EVERYONE IS OUTSIDE YELLING AT EACH OTHER.   SEEMS THEY VOTED ON THE COMMITTEES AND NOW THEY MOVED THE REGULAR 12TH MEETING TO THE 19TH, BUT STILL WAITING IN THE CONFUSION TO SEE IF THEY DECIDED THE BIGGEST BLOC YET.  SAME FIGHT BROKE OUT AGAIN TODAY,  NOW JOBOURI WILL MEET WITH FUAD, MALIKI, AND JAAFARI TO RESOLVE THIS ISSUE BEFORE MIDNIGHT TONIGHT.
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Millionday - Report quote:  “President Fuad Masum Friday evening to the city of Erbil…“  THE PRESIDENT IS IN ERBIL AND HAS ARRIVED FOR THE PURPOSE OF RESOLVE.   IT IS SO OBVIOUS THAT HE IS GOING TO BE GOOD FOR IRAQ AS HE IS PUTTING HIS PRIORITIES THE RESOLVE OF THE POWER SHARING GOV.   IT SEEMS THAT IF THEY DO NOT HAVE IT DONE BY TOMORROW [SUNDAY] (THE END OF TIMELINE) — THE PRESIDENT IS PREPARING TO PLACE A PM – HE HAD SAID BEFORE HE WOULD NOT SO THIS IS GREAT NEWS.  AS WE SEE WE HAVE HUGE HOPE AND SO DO THEY THAT A PRIME MINISTER WILL BE NAMED…THIS IS GOING ON THIS WEEKEND. BGG…VERIFIED THAT THEY ARE MEETING SUNDAY AND NOT MONDAY…SO IT IS NOT POSTPONED. (Which they have and are…)
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Jester - IT SEEMS AS IF THINGS ARE HAPPENING RAPIDLY TOWARD GETTING THE GOVERNMENT SEATED… AND…IF THEY DO THEN A LOT OF PROBLEMS WILL TAKE CARE OF THEMSELVES.
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Check out the Dinar Corp 120+Max – it’s EQUITY!!

Commercial Solicitation

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Lojak - Obama said on his weekly address…that once the new PM of Iraq is seated–which should be anytime, a coalition of countries will be going in to eradicate ISIS.  The govt will be done very shortly…and the CBI has publicly said what they were waiting on.
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Millionday - Article quote:  “…the first deputy chairman of the Council of Representatives Haider Abadi yesterday for the House of Representatives decided to return the draft federal budget for the current year to the government…“  SO THEY NOW HAVE THE BUDGET IN HAND – THAT IS HUGE AND FAST COMPARED TO ANYTHING WE HAVE SEEN IN THE LAST TEN YEARS THAT IS FOR SURE.
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Tlar - Personally I…believe this government will have selected and nominated its PM as they themselves have said, by Monday.  Turki has said he is ready, willing and able to make the monetary change.  The CBI has printed the smalls and they are just waiting the go ahead which if we believe Turki is the government issue “settled”.  Circulating currency is at an all time low and Iraq has essentially dollarized.  The dinars that are still circulating are more protected than they have ever been as far as potential counterfeiting goes as the new 250, 500 and 1000 are being replaced as they come into the banks and have been being replaced since the beginning of the year.  The banks are mostly hooked up internationally and the controls on money laundering along with accountability are in place.  They are IMF article VIII compliant and the WTO just needs to stamp the document approving ascension.  Turki will follow the governments lead.  When the government is seated, Turki will release the currency as he himself has stated.
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home7

Iraqi Dinar/Dollar auction 08-10-14

Currency Auctions Announcement No. (2740)

This daily currency auction was held in the Central Bank of Iraq on the 10-Aug-2014

The results were as follows:

25k-Iraqi-Dinar-200x96DETAILS                                                              NOTES Number of banks                                                 16 Auction price selling dinar / US$                       1166
Amount sold at auction price (US$)                  180,719,000 Total offers for buying (US$)                             180,719,000

Read More: http://dinarupdates.com/blog/
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BGG - Parliament does not have to be in session. This is on Massoum – Period…he calls the largest bloc to bring forward their nominee who is then the one to “form the Gov’t”…this nominee has 30 days.  [As I understand the Parliament will only vote to seat the whole govt not just the PM is that correct?]  if he cannot – or cannot get a plurality of support once he does “form” (from Parliament – in the form of votes) then Massoum will choose another candidate.   [Do you feel the govt has to be seated or just a PM to be named to see a possible RV?]  IMHO – just the PM.  [do you think Massoum will announce the PM soon?]  Yes. I do.
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Tman23 - Personally I struggle with the thought of a RV while the US is engaged and under the microscope of world reporting.  How do you explain such an event when reports of chaos and terrorism are highlighted daily.  But,  then I was told that certain Gulf countries were warned that counterfeiting a countries currency is a declaration of war recognized by the whole international community. So why this warning now?
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Doc - Our time table continues as last reported in that do not expect any significant currency appreciation through end of this year at a minimum…simply stated the fundamentals are just not in place to support appreciation any time soon. Our insiders continue to support this view. Remember a strong currency needs both fundamental laws in place and a STABLE government neither of which exists currently.  We do believe the government issue will eventually resolve itself.   If Iraq truly can form a inclusive government then much of the ISIS support will quickly fade with the general population. Unfortunately this is a monumental task in their culture and one in which Maliki failed miserably.

What we expect to see in the next 3-6 months is more of the same.  Iraq is notorious for not meeting timelines and commitments and we expect this to continue. The naming of a PM and formation of a new government will take longer than is being reported. Once this happens it will take some time for it to become fully functional and get on with the business of government. We are hopeful at this point the masses will see a more inclusive philosophy and some sense of stability will be obtained. It is most likely the CBI will not entertain any thought of currency reform until these events occur.  We report, you decide.
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Feeling heat, Maliki warns Sistani against opposing third term

Sheikh Abdul Mehdi al-Karbala’i delivers the text of a sermon by Iraq’s top Shiite cleric, Grand Ayatollah Ali al-Sistani, during Friday prayers in Karbala, Aug. 8, 2014.

On July 25, the official website of Grand Ayatollah Ali Sistani posted an article reporting that Sistani has called on Iraqi officials not to cling to their positions, alluding to the insistence of Iraqi Prime Minister Nouri al-Maliki on seeking a third term. Official spokespeople for Sistani have previously criticized the performance of the Iraqi government, as well as the stances of Maliki himself; this, however, is…

the first time that Sistani has directly demanded Maliki withdraw his candidacy…

Read More: http://dinarupdates.com/blog/
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Tman23 - I was told there are 2 items at the top of the agenda…Security and economic. To be more direct it was said secure the political situation and secure the bank. That is the shortest version of todays special Parliament meeting but describes it all.  And, IMO, It appears Jabouri went to Erbil to finalize some paperwork with the Kurds.

A sign to look for…In 2011 Kurdistan stopped raising the Iraqi flag in protest to Baghdad not living up to the agreements. Today, (Saturday) after the Parliament special session Jabouri went to Erbil with “forms” for Kurdistan to “review”.   Jabouri’s canceled Sundays session…He will be in ERBIL!  This means we should have the NAME on Monday...and there are whispers that the Peshmerga and Federal military are coordinating assaults on militants.  The sign to look for (after Monday) is the Kurds flying 2 flags together.  This will be HUGE!
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Tlar - Article quote:   “President Fuad Masum, will cost a candidate of the National Alliance to form the next government as the biggest bloc, while ruling out the assignment for the State of Law coalition.“  What a great article.  It sets the stage for a PM nominee on Sunday/Monday.  Depending on who it is we could see his ministerial list the same day also…the government won’t be seated…once a new PM nominee acceptable to all is chosen, you can consider the government set.  
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Bondlady - ISIS…shifted their attention to Erbil but I think…they will head back towards Baghdad and  I feel like there IS a plan -  the USA will act to protect its interest and the green zone is in Baghdad and no one knows the DEPTH of our interest within the biggest embassy ever built in the world.  I think its about to come to an end…  It’s tough but I feel like its all going to be ok just hang in there and pray for the innocent lost in Iraq.
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home7

Iraqi Dinar/Dollar auction 08-09-14

Currency Auctions Announcement No. (2739)

This daily currency auction was held in the Central Bank of Iraq on the 09-Aug-2014

The results were as follows:

25k-Iraqi-Dinar-200x96DETAILS                                                              NOTES Number of banks                                                 7 Auction price selling dinar / US$                       1166
Amount sold at auction price (US$)                  65,136,000 Total offers for buying (US$)                             65,136,000

Read More: http://dinarupdates.com/blog/
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BGG and Chattels - Article quote:  “The parliamentary sources earlier revealed earlier on Saturday (July 9, 2014), the Presidency of the Parliament decided to postpone the House session scheduled for tomorrow (Sunday) until next Monday.”  [so...no parliament session Sunday?]  not according to the latest i have seen.  ultimately Parliament will only put a stamp of approval on the nominee once they have been chosen.   Massoum could choose the nominee today. there is no requirement for a meeting of any kind.
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Poppy3 - …GOT A CALL FROM MIDDLE EAST. THEY TOLD ME THAT USA BLACKHAWKS AND OTHER PLANES SHOOK THE COUNTRY THIS EVENING [FRIDAY] BEFORE DARK AND THEY DIDN’T PLAY AROUND. HE SAID PEOPLE WHERE VERY EXCITED AND HAPPY THE USA WHERE FINALLY SUPPORTING THEM, HE ALSO SAID IF IRAQ HAD NOT GIVEN THE o ADMINISTRATION FACTUAL INFORMATION AND DEFINITE TIME TABLE WHO AND WHEN THE NEW PM IS AND WHEN HE WOULD BE VOTED ON AND SWORN IN THEY WOULD NOT BE FREE TO FINALLY STRIKE HARD AGAINST ISIS. 

HE SAID THEY KNEW WEEKS AGO WHY THEY WERE SENT THERE AND THAT THEY WHERE TOLD THERE WOULD BE NO ACTION UNTIL THE GOI WAS SEATED IN FULL. THE STRATEGIC STRIKES THEY HAVE BEEN ABLE TO MAKE OVER THE LAST 11 WEEKS HAVE BEEN PRIMARILY HUMANITARIAN. WE HAVE NOW MOVED 50% CLOSER TO SEE TURKI TURN OUR MONEY LOOSE… 
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 Millionday - [Who is the bloc to put forth the PM...?THE NATIONAL ALLIANCE HAS BEEN REPORTED TO BE AND AGREED ON BUT THEY KEEP ARGUING ABOUT WHETHER IT IS MOST IN PARL OR HOW THE CONSTITUTION READS.  CONSTITUTIONALLY THEY ARE TRYING TO HAVE A PM NAMED BY TOMORROW WITH THE LACK OF HOLIDAY DAYS IT SHOULD BE CORRECT IF THEY CAN GET IT DONE.  THEY DO HAVE NAMES ON THE TABLE.  MALIKI IS STILL ACTING AS A CARETAKER GOV PM  AND WILL BE UNTIL THE NEW PM IS SWORN…

[if they pick a PM this weekend they then have 30 days to form their government, do we wait to see the RV till then?]  THAT WOULD BE UP TO TURKI.  I DONT THINK HE MEANT ALL MINISTERS BUT THAT IS NOT IN INK. THEY DO HAVE 30 DAYS BUT THEY DONT HAVE TO TAKE IT ON THE MINISTERS.  HE WAS READY TO MOVE FORWARD WITHOUT EVEN THE BUDGET DONE WITH ALL REFORMS ECONOMIC,  HE MADE THAT CLEAR WEEKS AGO.

[is turki position secure, or will he be replaced? AS FAR AS TURKI GOES — THE PM PUTS HIM IN PLACE SO THE PROXY POSITION DOES NOT SHOW IN MY REPORTS AS CHANGED FOR HIM BUT HIS POWERS WERE CHANGED.  HE WAS GIVEN THE POWER THAT WOULD NOT NORMALLY BE HELD BY THE PROXY GOV OF CENTRAL BANKS TO CHANGE THE VALUE AND RELEASE RATES A LONG TIME AGO BUT HOW THIS REMAINS OR IF THE PM MAKES CHANGES RIGHT AWAY WOULD BE CRAZY AT THIS TIMEIT WOULD NOT SERVE THEIR BEST INTEREST SO THAT WOULD BE REASON ENOUGH FOR HIS POSITION TO HOLD AT THIS TIME OF REFORM AND CHANGE.
________________________________________________________________

Check out the Dinar Corp 120+Max – it’s EQUITY!!

Commercial Solicitation

________________________________________________________________

Lojak - Two major hurdles were crossed yesterday.  1) Masoum has now dictated that the National Alliance is the largest bloc.  The SOL has recognized that fact, as they have been meeting with the Alliance to come up with THE name.  2) the  SOL has dumped Maliki, and is taking two names into the Alliance meeting with them–Najm and Abadi.  It is those two things yesterday that all should be very happy about.  Now that the largest bloc is settled and the SOL has relented and agreed to nominate someone–the rest is “gravy”. I would anticipate that we will see a name by tomorrow.

We checked with our sources at the State Department yesterday about the possibility of Abadi being the new guy.  I was concerned that another SOL guy was about win.  They responded that he would be a very good candidate and the US would fully support his nomination…he was formally the head of the Parl. Finance committee and is very publicly pro RV.  Once the new PM is in position, our RV will be shown.
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Tman23 - IMO…….Yesterday evening Massoum made the call that the National Alliance was the largest bloc.……The USA has confidence in knowing who the PM of Iraq is going to be……… Hours after the US had confirmation, Obama makes his television appearance announcing military support…….no combat troops !! But ya know combat troops and special forces are 2 different things…….. What we had last night is confirmation of a new PM and it is not Maliki…..(sorry Frank and Delta)!! The second very noticible thing was Obama appeared very somber and stumbled through his speech….
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pinocchio-smileyLONG copyEXOGEN - [There are four currencies with big returns and 16 others in the first basket.]  YOU WILL BE ABLE TO EXCHANGE ALL CURRENCIES:  1. DINAR 2. DONG 3. ZIM 4. INDO AND 2 OF THE CURRENCIES MAY GO (2) TIMES (HINT HINT).  DONG WILL COME OUT AND FLOAT… IF THE ZIM DOES JUST 1/2 WHAT WE ARE HEARING IT WILL BE MAJOR AND LIFE CHANGING!!  The Iraq war has everyone OFF Balance RIGHT now…BY DESIGN-YES!  The countdown timer is now set OFFICIALLY and it can not be REVERSED. This is all tied into USA Air Strikes to stabilize the country of Iraq and secure the region.  Collaboration now with UST/China & IMF.  [Christmas in August!!]  YEP…the presents are about to be distributed GLOBALLY  YES!!!  [Whats the next phase?]  THE BANK!!!
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Retweeted by Dinar Updates

…news circulating widely tonight: 1- US jets strike ISIS in Gwer. 2- #Maliki lost internal voting within the Shiite coalition!!

Follow Dinar Updates on Twitter @DinarUpdates

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Tlar - Many have voiced their concern over the events revolving around the ISIS push into Kurdistan.  Kurdistan has been keeping a watchful eye on the ISIS but what the ISIS did was to attempt to break out of the boundary that they have been allowed to occupy as they are used as the reason to oust a dictatorship.  As soon as the new government takes its seat (hopefully this Sunday), these guys will be routed out of the areas they have been allowed to occupy in Iraq, pushing them back into Syria.  They are what’s providing the urgency to the political process and for the time being a necessary evil.

Both al-Jubouri and Masum, the new POP and the POR have threatened to quit if Maliki is brought to the floor as the next PM nominee. Everything seems to be building to this Sunday.   It is now my belief that Maliki will have to be taken out because he is delusional and still believes that the votes he received are real and the people want him. Sunday we should see a two step process. The first is the declaration that the NA is the largest block and second a nominee for PM position. Depending on how that turns out, we will probably see a new government.
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Bondlady - what 1st started out as a protest for Malikis last term has turned into a full scale blood bath to rid him of his 3rd term…a real man and lover of his people would have stepped aside if he wasn’t so full of hatred for what was done to him on his 2nd term now he clings again to power for 3 reasons greed, power and paybacks…all wrong reasons for sure.
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BGG   [will ISIS slow this whole thing down?]   No – speed it up if anything.
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US bombs Islamic militants in Iraq

President Barack Obama speaks about the situation in Iraq

Two US fighter jets have dropped bombs on Islamic militants towing artillery near American personnel in Iraq .

The Pentagon said two F/A-18 jets dropped 500-pound bombs on a piece of artillery and the truck towing it outside Irbil …

Read More: http://dinarupdates.com/blog/
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Bear5642   My sources indicate that Maliki is out and I honestly feel we need the completion of the GOI. The CBI must have a functioning government however, I have total complete peace concerning the RV. We have all been in this for a very long time and we are so close…
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Poppy3 - I SEE NO ROAD BLOCK AND ALL WE NEED IS TIME. THEY ARE PUSHING FORWARD…THEY HAVE COMPLETED MORE AND MOVED FURTHER IN THE LAST 3 WEEKS AS THEY HAVE IN THE LAST 10 MONTHS.  I AM PLANNING FOR 3 MORE WEEKS BEFORE WE WILL SEE THE RV.   I THINK TURKI WILL WANT A FULL GOI TO RELEASE AND MOST ALL THE PERSONNEL POLITICS COMPLETED.  HE MAY NOT NEED IT ALL THIS IS MY THOUGHTS ONLY AND I WOULD LOVE TO BE WRONG AND ESPECIALLY IF WE CAN SEE PAYDAY BEFORE THE END OF AUGUST. VERY, VERY POSSIBLE.
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Source: The parliament’s session postponed to Monday instead of tomorrow

BAGHDAD / NINA / A parliamentary source said that the parliamentary session, scheduled on Sunday, was postponed to next Monday…

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

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BGG ~ President Obama on FOX (last nite)  - “Iraq has elected a New President, New Speaker and  seeking consensus on a NEW PRIME MINISTER” – BOOM!!!
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Tlar   “The President of the House of Representatives Saleem al-Jubouri, on Thursday, lifting the parliamentary session of the fifth legislative term of the first parliamentary session of the third day to the next Sunday...”   The coalition needs to get this issue of the biggest block resolved.  The more this drags on the more dangerous Maliki will get.   …IMO it had better not drag on past Sunday as far as what or who is the largest block.  It doesn’t bode well for our side  if it goes into next week unresolved. The coalition seems to have hit a brick wall.  The coalition needs to quit trying to involve the SOL and just cut them off at the knees and have the INA declared the largest block.   Delaying it only makes it worse and risks success. 
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EXOGEN - MALIKI HAS OFFICIALLY RECEIVED HIS WALKING PAPERS AND IS NOW PAYING DEMONSTRATORS TO PROTEST ON  HIS BEHALF. 
Meeting going on now regarding Public Release(PM Announcement).  EVERYONE’S WATCHING.
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Aggiedad77 - Article:  “Obama authorizes airstrikes in Iraq against Islamic State“  Quite the jump from nothing can be done to militarily help Iraq, it must be done politically…honestly glad to see that we are taking action…highly suspect that we already took action before this announcement…
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Religious Authority describes clinging to posts as “Big mistake”

Karbala (AIN) –The Religious Authority described clinging to posts as “Big mistake.” The representative of the Religious Authority Sheikh, Abdul Mahdi al-Karbalai, stated during Friday Prayer “The nominees for the key posts must be sure that Allah is monitoring them and they have to hold their responsibility and allow others to assume the posts where clinging to the posts is a big mistake.”…

Read More: http://dinarupdates.com/blog/
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Tman23 - I was told early this morning a SPECIAL SESSION is scheduled for Saturday.  That scheduled session is verified and confirmed.   They will officially have the candidate PM name.
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Poppy3 - I TEND TO BELIEVE THEY HAVE BEEN IN THE MOST URGENT HURRY THE LAST 3 WEEKS AND HAVE ACCOMPLISHED MORE IN THESE 3 WEEKS THAN THEY HAVE IN THE LAST 10 MONTHS PUT TOGETHERTHERE IS A VERY SINCERE REASON FOR THE URGENCY.   I HOPE IT IS TO GET THE CBI RELEASED TO MOVE TO A WORLD CURRENCY AND CARE FOR THEIR CITIZENS BY RELEASING THE RV AND STABILIZING THE COUNTRY. TIME WILL TELL.
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Chattels - The agreement to re-budget for 2014 to the government and demand of financial position and cash and financing imports and advances.” ”The MP for the mass change Secretary Baker has confirmed, yesterday, Wednesday, that the Kurdish blocs support to pass the budget requirement to be “fair” to give each component right without “prejudice”, calling for the need to take into account “exceptional circumstance” that passes by the Kurdistan region…“   FINALLY PEACE IN THE KINGDOM, BAGHDAD WORKED THINGS OUT WITH KURDISTAN IN THE BUDGET!!
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DINAR Talk INFO Call

w/BGG & BIG NEWS… – from Aug 7th

Click-N-Listen!!

Smart phone user link – Click here

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Tlar - Articles are suggesting  that the SOL is now working with the NA and other articles suggesting the SOL is not working with the NA and standing by their man Maliki.  Very confusing as their leadership appears to also now be in disarray. Lots of unofficial statements today.  Choose one.  If you don’t like that one…wait 5 minutes maybe the next one will be better.  I think the SOL is in tatters and finally the opposition to Maliki is gaining in strength. 
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Adam Montana - [With trillions of dinar currently in circulation, how will that number impact an RV?]   The current amount of dinar in circulation is a matter for the CBI, and they are VERY good at controlling their money. It is a factor, but I trust that the CBI will remove or replace whatever is necessary to make a stronger dinar possible.
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Millionday - Article quote:  “…economic expert Zuhair al-Hassani believes that the new parliament works psychology better than his former, for what promises to their quest in approving the budget, the public at the earliest opportunity possible…“   THEY ARE DISCUSSING THE PREPARATIONS TO IMPLEMENT THE BUDGET PLANS AND ALSO CHANGES FOR THE BUDGETS AND HOW THEY ARE DONE IN YEARS TO COME.  AL-HUSSANI IS AS EXCITED AS EVERYONE ELSE OF HOW MUCH IN A HURRY THIS PARLIAMENT IS AND HOW QUICKLY THEY’RE GETTING THINGS DONE – THEY ARE WORKING VERY HARD TO GET IT APPROVED RIGHT AWAY…
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National identifies tomorrow as the date to announce its candidate for PM

Tomorrow’s Press /announced the National Reform Movement led by Ibrahim al-Jaafari, Wednesday, that the National Alliance identified on Thursday in conjunction with the holding of the parliamentary session scheduled to announce its candidate for prime minister.

Read More: http://dinarupdates.com/blog/
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GURUIntelTerryK - they have to name PM, they are doing that at 8pm Iraq time [Wednesday]. The world will support anyone but Maliki. The UN and USA are ready to enforce the new PM. We should see our money this week. SO WE ARE ON PINS AND NEEDLES.
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Adam Montana -  …right now it looks like the 8th is still a solid day to see some news. There are signs that Maliki is doing exactly what I thought he might have to do, which is give in to the Sunnis a bit. One example is lending support to the Peshmerga (Kurdish soldiers) in resisting ISIS.  Speaking of ISIS, they are still a problem and in my opinion we have two things that need to be taken care of before we will see Iraq move to the HCL (necessary to support an RV)”  1. They need to seat an official PM, be it Maliki or Ronald McDonald. It doesn’t matter who, just put someone there officially and move on. 

2. Handle the situation with ISIS. The IS is an evil entity, and must be vanquished or at least mostly expelled before any further progress can be made in Iraq. It does appear that Iran is stepping in to help Iraq, but they are doing so in order to influence the political process. Either way, controlling the situation is of dire importance, and I hope to see that happening in short order.  The new President of Iraq had made some pretty strong comments about “stepping down” if he was forced to pick a PM (which he should do according to the Constitution), but that talk seems to have subsided and it will be interesting to see how this week progresses politically.  I will wait until Thursday to make further comments.
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Millionday - THEY CERTAINLY HAVE SHOWN NOTHING BUT URGENCY IN THE PAST WEEKS – IT IS AMAZING HOW FAST SO MANY THINGS ARE IN PLACE THAT TOOK MONTHS BEFORE…IT IS VERY OBVIOUS TO MANY OF US THAT HAVE BEEN HERE THROUGH THE WHOLE RIDE HOW FAST THEY ARE WORKING AND IT IS FOR SOME REASON BELIEVE THAT…
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Check out the Dinar Corp 120+Max – it’s EQUITY!!

Commercial Solicitation

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Stryker - Parliament Session started with 168 deputies in attendance, they voted on resignations of two members of the House of Representatives.  They adjourned until 1:00 pm today and when they return President Massoum will announce the largest bloc.  The nomination for Prime Minister has been postponed until Monday tho!  Article Quote:   ”The Union said the national forces, said Thursday that Parliament Speaker Salim Al-jubouri would resign from the post if the Prime Minister Nouri al-Maliki to form the next Government.”  Speaker al-Jubouri announced that if Maliki gained a third mandate he would resign as Speaker of the House.
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BondLady - …I’d like to think they did this survey to see what the world could offer them per knowledge and I also think Iraq is a lil scared to go big as far as monetary wise and they want to be assured they doing the right thing to possibly do a rate change or increase Iraq’s worth…it all plays a part imo investments and economical developments and about combating corruption and they have come a long way in it all…just give us all new GOI ministers and dump all the ones who did nothing or brought terrorist in to cause problems in the gov or the one’s that tribal fought to keep Iraq shackled to being poor… they have a real shot now for freedom and democracy without all the hate 
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BGG - They are fairly close to naming a PM in Iraq.  Sometime in the next couple of days we will see that.  Maliki in as the PM for a 3rd term is a rumor and far from true for many reasons, one is it is not constitutional.  Another rumor is that Jaafari is nominated as the NA candidate for PM…that one may be true.  The 8th is Friday & if  they are going to stick to any kind of constitutional framework on their deadline they have to have their PM named this week & I think they will probably get it done.  They are on the doorstep of having a new PM and they should have a vote before Sunday.  (from the call last nite…)
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Tehran issued its decision: Maliki needs to go

Iranians are looking for an alternative to Iraqi Prime Minister preserve their security, and the approval of Ameri-Shahristani and ousted a coalition of state law in one night.

Ankara / Baghdad - Iranians senior officials said on Tuesday that Iran believes that Iraqi Prime Minister Nuri al-Maliki is no longer able to maintain the unity of the country and were looking for an alternative leader to fight Sunni militants…    faceiraq.com

Read More: http://dinarupdates.com/blog/
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Poppy3 - WELL!!! I REPEAT WHAT I SAID DAY BEFORE YESTERDAY WE STILL HAVE 2 TO THREE WEEKS TO WAIT BEFORE THE POSSIBILITIES OF THE RV WILL BE AT THE ANY MINUTE NOW TIMING IF THEY KEEP MAKING THIS KIND OF PROGRESS.  THEY FINALLY GET THE SINGLE NOMINEE THEN HE [ or She! ;) ] HAS TO BE VOTED IN THEN HE HAS 30 DAYS TO SEAT HIS CABINET.  HE WILL CHOOSE AND SEAT A NEW IRAQ GOI THAT WILL HAVE SHARED POSITIONS FROM ALL PARTIES OR BLOC’S .  I TRULY SUSPECT THEY ALREADY KNOW WHOM HE WILL BE BUT STILL HAVE TO FOLLOW THE CONSTITUTION.  FROM THE TIME THE PM IS SEATED OUR PROSPECT OF A RV INCREASES AT LEAST 50%…

…HOWEVER THEN TURKI COMES INTO PLAY AND WE WILL HAVE TO WATCH HIS ACTIONS AND DISCERN HOW MUCH MORE HE WANTS COMPLETED BEFORE HE WILL RELEASE THE RV ???  WILL HE WAIT TILL THE COMPLETE GOI IS SEATED OR IS A NEW PRIME MINISTER ALL HE NEEDS TO TURN IT LOOSE.  WE CAN ONLY PRAY THAT ALL THE URGENCY HAS BEEN BECAUSE THEY WANT TO HAVE THE RV’ED MONEY AND IF SO THEN WE SHOULD BE IN AWESOME POSITION WITHIN THE NEXT FEW DAYS. POPPY3
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Aggiedad77 - …the news this morning it is almost all exclusively about “M”…..is he in….is he out…..will he be prosecuted…..or allowed to seek asylum in some far away place like London….or elsewhere…A disturbing point though…..Maliki making a threat that “the gates of hell would open” if anyone tries to form what he says or calls an unconstitutional government……

Wow…then Maliki turns around and says sure I will step down…but it will cost you…and he rolls out 28….yep 28 “conditions” that he wants met before he steps down….probably the foremost of them is freedom from prosecution…We sit patiently and watch as things unfold, and play out for the Iraqis and the world around them. Yes I encourage each of you to…keep an eye on Maliki and how things continue to unfold….or perhaps unravel…..depending on one’s point of view.
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WMAwhite - There will be only 1 nomination and that will go to the floor of Parliament and will have come from the largest bloc and that 1 will be voted on.  He then has 30 days to form his government.  The Jaafari nomination was a surprise but considering he is the head of the NA and without him it would have been a slam dunk for Maliki.  I am impressed that they are plowing ahead and they want to get this done.
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Maliki’s only option is to leave Iraq

Gaza’s crisis will not succeed in diverting attention away from the wars in Syria and Iraq. Indeed, these two wars, particularly that in Iraq, may alter the course of the region. Iraqis may finally succeed in achieving a safe and smooth transition towards a new government which has the support of the majority of the Iraqi people. This will end the chapter of fear and chaos and open a new page and a new era.

Agreeing over a new government , a new prime minister, a new president and a new speaker for the parliament will save Iraq from chaos and partition and will enable Iraqis to confront terrorist groups and reform relations with their neighbors…

“The only natural choice left for [Maliki] is to move to Tehran or London for a few years until the storm abates”

Abdulrahman al-Rashed

Read More: http://dinarupdates.com/blog/
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Millionday - [I thought they were going to approve the hcl and budget this week too?]   THEY ARE STILL WORKING ON IT — THEY ARE WORKING TO PREPARE FOR THE WORLD TO COME INTO TRADE AND THURSDAY WILL BE THE NEXT DAY FOR THE BUDGET AND ALSO THE NAMING OF THE GOV.
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BondLady - …I’d like to think they did this survey to see what the world could offer them per knowledge and I also think Iraq is a lil scared to go big as far as monetary wise and they want to be assured they doing the right thing to possibly do a rate change or increase Iraq’s worth…it all plays a part imo investments and economical developments and about combating corruption and they have come a long way in it all…just give us all new GOI ministers and dump all the ones who did nothing or brought terrorist in to cause problems in the gov or the one’s that tribal fought to keep Iraq shackled to being poor… they have a real shot now for freedom and democracy without all the hate 
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SteveI - Article quote:  “the National Alliance, Ibrahim al-Jaafari was nominated to fill the…“   [is this good news?]  Yes it is…This is awesome. One of the main reasons this is huge, Iraq would not pass the budget or open it as long as Maliki held the title of Prime Minister. If that happened, he could get his hands on the money and a disaster would have been in the making.  Perfect timing and very well planned out. Now the new PM can oversee the process and make sure the allocation of funds are distributed properly. Smile everyone, because if you are not smiling yet, you will be very shortly.  Before it was History in the Making, but now it is History has been Made!!
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home7

Iraqi Dinar/Dollar auction 08-07-14

Currency Auctions Announcement No. (2737)

This daily currency auction was held in the Central Bank of Iraq on the 07-Aug-2014

The results were as follows:

25k-Iraqi-Dinar-200x96DETAILS                                                              NOTES Number of banks                                                 13 Auction price selling dinar / US$                       1166
Amount sold at auction price (US$)                  142,566,000 Total offers for buying (US$)                             142,566,000

Read More: http://dinarupdates.com/blog/
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Millionday - [I thought they were going to approve the hcl and budget this week too?]   THEY ARE STILL WORKING ON IT — THEY ARE WORKING TO PREPARE FOR THE WORLD TO COME INTO TRADE AND THURSDAY WILL BE THE NEXT DAY FOR THE BUDGET AND ALSO THE NAMING OF THE GOV.
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Poppy3 - SOMETHING TO LISTEN FOR FROM HERE FORWARD THIS WEEK:  DID THEY VOTE OR DISCUSS THE BUDGET, HCL AND TARIFF LAWS TODAY?   WHEN ARE THEY SCHEDULED?  THESE ARE HOT ITEMS AND THEY KNOW THEY ARE NEEDED ASAP AND HAVE PUT URGENCY ON THEM. THEY CAN’T BE FUNDED AND IMPLEMENTED UNTIL THEY GET THE RV BUT THEY CAN PASS THEM AND HOLD THEIR IMPLEMENTATION.
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EXOGEN - Finish line ahead – Hang in there! The Good Guys - Mission Accomplished!
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We give Maliki’s coalition 48 hours to provide an alternative

Baghdad - Hinted block Badr headed by Hadi al-Amiri to the lack of support for the nomination of the prime minister expired, Nuri al-Maliki, in office a third time, commitment to the position of religious authority, while the coalition of the wise, that a coalition of state law knows very well that his release from the National Alliance means “suicide politically “, revealing the grace of the National Alliance coalition of state law 48 hours to provide an alternative candidate, and will only mass candidate for prime minister, confirmed the Sadrist bloc, parliamentary, and there are several candidates for the position, and the Coalition’s commitment to the constitutional deadline for the submission of his candidate…

Read More: http://dinarupdates.com/blog/
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Mnt Goat - Another parliament meeting is called for 8/7 Thursday, the day before the formal constitutional deadline for naming the PM expires on Friday 8/6. Can they extend it?   yes they can…I am hearing there is a one week extension under discussion but nothing final.  If all goes well and the announcements are made and the seating of the new Prime minister happens tomorrow 8/7 we will be in an excellent window to see the RV early next week.  They may use this weekend to send all the updated rates and files downstream and do the final preparations. We could be at the banks next week.   Note – I did not say we would have the RV.   No one knows for sure the date. I am saying our best window of opportunity.

On the other hand, if things continue to linger on past this week we will be in a totally different situation since the militants are advancing and becoming increasingly more dire…There is really only one person to blame for all this mess and for the delay in seating this new government.  It is the OUTGOING prime minister Nori Al-Maliki.  The next prime minister replacing him will get all the glory and fan fair of finally bringing their currency online again with a full valued international rate. This I am certain.
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WMAwhite - Article:   “…the National Alliance, Ibrahim al-Jaafari was nominated to fill the post of prime minister…”  [you think it is true?]  yes.  [What about jaafari is he good for PM?]  he has a super large ego…he will not be pushed around…but, he is also inclusive.   the PoR will receive only one nominee from the largest bloc to be voted on by parliament. …if in fact the NA is putting him up as their nominee they already know the Sunnis and Kurds are good with it.  I believe the nominee will be voted on first by parliament…and each of the minister positions, IMO.
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Poppy3 - [Jaafar al-Sadr is asking them to do this within the constitutional limits, thats interesting.]    THEY HAVE TO FRIDAY TO STAY WITHIN CONSTITUTIONAL LIMITS SO THEY SHOULD ANNOUNCE ON THURSDAY OR FRIDAY AT THE LATEST.  
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Tlar - I am sure of one thing only.  Maliki will not be the nominee.  

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“This is it…” DINAR Talk INFO Call

w/BGG & WMAwhite… – from Aug 5th

Click-N-Listen!!

Smart phone user link – Click here

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Tlar - …an agreement was just reached between the SOL and the coalition. Maliki will leave Iraq and each block within the NA (National Alliance) will recommend a candidate for PM and then the NA will vote on all and the winner will be the one who gets the most votes.  This seemingly puts the control firmly in the hands of the coalition as I am sure that they will block vote for Mahdi.  There was no nominee brought forth today for the PM position from either the SOL or the NA opposition.   Parliament held a meeting but the announcement of the PM position has been postponed until Thursday’s meeting at which time the NA will bring forth one nominee (not Maliki).  If Maliki leaves Iraq as he has said he will do then at this meeting the Shia party will announce their nominee and Iraq will have peacefully had a transfer of power to the new non-sectarian government.  This coming weekend is still looking good for our investment to finally come to a fruition.
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Aggiedad77 - Article:  “Reform Movement: National Alliance will surprise people to choose their candidate during the next two days“  NEXT TWO DAYS…the National Alliance is saying they will surprise people within the next TWO DAYS with a choice of their candidate for PM…I’ll be the most surprised at all I would think…committing to a hard line date…two days…is this something they are capable of doing…well mark your calendars for Thursday and watch what happens.
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Poppy3 - THE FINANCE FRONT…IS SET,  READY TO GO ONCE PARLIAMENT GETS THEIR ACT TOGETHER.  TIME WILL TELL THEIR PROGRESS BUT REMEMBER AS I HAVE SAID ANY INK BEFORE 7 OR 8 PM FROM IRAQ IS NOT DEPENDABLE THE FACTUAL REPORTS NEVER SHOW BEFORE AROUND 7PM . …ALL IS WELL AT THIS POINT.
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Check out the Dinar Corp 120+Max – it’s EQUITY!!

Commercial Solicitation

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Chattels - Article quote:   ”The Legal Expert, Tariq Harb, announced that the time limit specified for tasking the next Prime Minister to nominate the next government will finish on next Sunday the 10th of August and not Friday which is the 8th of August.“   the constitutional timeline was enlarged the additional days due to the Eid Al Fitr holiday according to Harb.   [do you feel they will still get the PM placed before the 12th?]  i cannot say that i have expected a PM by consensus at this point. we may be a month or better away from such and all could still be “constitutional, assuming there is a nominee. that nominee may not be able to seat a government.

[do you think they could still pass budget and hcl today?]  i never thought that they could or would pass anything today. maybe there could have been a reading and some amendment progress, but no vote, IMO.  What we are asking is impossible and what we are expecting is unreasonable. We will not know the date and rate in advance with any actionable certainty. Period. I look for news in the hope of some assurance of progress toward our liquidity event. There is no guarantee of anything in any of this. I am still hopeful. There is progress and all is not grim. We just cannot expect any exactness with any of the timing upon our event.
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Stryker - Breaking News - Eid al-Fitr holiday dates will not calculated as part of the 15 days constitutionally from the date the President was officially elected according to this source.“   Parliament Update:  Between the dates of Eid al-Fitr being used to extend the 15 day constitutional PM mandate, and then Maliki’s corrupt judge al-Mahmoud stating that they need two more days to announce both the largest bloc and Prime Minister it doesn’t surprise me that they adjourned parliament until Thursday, August 7th.  Good news is they can’t delay it anymore then this because it is now noted in the Parliament Docite…we are that much closer to the end.

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home7

Iraqi Dinar/Dollar auction 08-05-14

Currency Auctions Announcement No. (2736)

This daily currency auction was held in the Central Bank of Iraq on the 05-Aug-2014

The results were as follows:

25k-Iraqi-Dinar-200x96DETAILS                                                              NOTES Number of banks                                                 16 Auction price selling dinar / US$                       1166
Amount sold at auction price (US$)                  245,813,000 Total offers for buying (US$)                             245,813,000

Read More: http://dinarupdates.com/blog/
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Chattels - Article quote:  “The House of Representatives held its meeting today under the chairmanship of Salim al-Jubouri with the presence of 245 deputies. It was scheduled to determine the biggest parliamentary bloc to nominate its candidate for the PM post of the next government.”  [so the meeting got postponed til thursday?]   not certain that Parliament adjourned, but PM designation is off until at least Thursday…now confirmed.
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Millionday - TURKI HAS STATED THAT HE WILL FUND THE BANKS WITH INTERNATIONAL INVESTMENT MONIES AND MOVE FORWARD WITH THE ECONOMIC DEVELOPMENT WITHOUT THE BUDGET SO WE WILL HAVE TO WATCH.
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Poppy3 - THEY NEED THIS RV BAD AT THIS POINT.  I TRULY THINK WE CAN EXPECT TO SEE PAYDAY VERY SOON. WE STILL HAVE TO WAIT AND CONFIRM HOW AND WHEN THEY TAKE THE VOTE AND DO THE APPOINTMENTS INTO THE GOI POSITIONS.  IT APPEARS FROM THE NEWS ON THE BANKING SIDE THEY HAVE AGREEMENTS WITH THE IMF AND WORLD BANK AND HAVE COMPLETED THE NEEDED CHANGES TO RELEASE THE RV.
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Maliki called for guarantees before giving up

Maliki called for guarantees before giving up

BAGHDAD - Said a source familiar with, that is the resolution of the National Alliance candidate for prime minister, although there is an agreement to abandon the Prime Minister outgoing Nuri al-Maliki…

Read More: http://dinarupdates.com/blog/
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Tlar - Quote:   “The National Alliance will not submit its candidate today and it did not discuss the replacements for Maliki in its meetings”   I am beginning to believe that if the parliament can’t break this deadlock, the coalition will have to take this to the courts.   I am not familiar enough with parliamentary law as to whether if this drags out until the point they are in violation of the constitution, that the President can then pick a nominee of his choice.
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Millionday - SO THIS IS WHERE WE ARE:   THE PRESIDENT IS IN PLACE – THE DEVELOPMENT BANK IS IN PLACE — THE AMNESTY WAS PUT INTO PLACE BEFORE THE FEAST AND ALSO THE FORMAL ANNOUNCEMENT OF WHO THE LARGEST BLOCK WAS DONE A DAY EARLY (TODAY) AND IT IS THE NATIONAL ALLIANCE.   ALSO…TOMORROW THEY HAVE ANNOUNCED EARLIER THAT THEY ARE GOING TO VOTE ON THE HCL AND ALSO THE BUDGET AS IT IS AND THEN SEND IT TO PARLIAMENT AND THE COMMITTEE TO GO THROUGH IT AND JUST DO AMENDMENTS…ALSO, THE CONSTITUTION HAS GIVEN THEM UNTIL ONE WEEK FROM TOMORROW TO HAVE THE NEW GOV FORMED – WHICH THE NATIONAL ALLIANCE HAS STATED THEY WILL HAVE DONE.

MALIKI HAS SAID HE WILL STEP DOWN WITH 3 THINGS MET THAT HE HAS GIVEN – AND OF COURSE THAT IS RIDICULOUS — ALSO  THEY HAD A MEETING TODAY WITH THE US ABOUT THE ADVANCEMENT WITH THE STRATEGIC FRAMEWORK AGREEMENT AND ALSO THE SECURITY THAT HAS BEEN APPLIED TO THE BORDERS.  ALSO THE DEVELOPMENT BANK IS DONE FOR AN ANSWER PLACE FOR THE BANKING REFORM AND THEY HAVE ALSO FORMED THE ADMINISTRATIVE ASSOCIATION OF BANKS TO ENSURE THAT THE MONETARY REFORM AND ECONOMIC DEVELOPMENT GOES AS IT SHOULD AND THERE ARE NO MONEY LAUNDERING ISSUES AS WELL AS FRAUD ATTEMPTS.

THEY HAVE LAUNCHED THE INDUSTRY SECTOR FOR THE NATION AND ALSO HAVE ENSURED THAT AFTER THE FEAST IRAQ WILL HAVE 24 HOURS OF ELECTRICITY IN ORDER TO DO THEIR WORK.  THEY HAVE ALSO DECLARED THAT THE PRIVATE BANKS AND ALL THAT HAVE TO BE ARE INTERNATIONALLY COMPLIANT AND ALSO REMEMBER THAT CBI ANNOUNCED THAT THEY WILL ON TIME MOVE FORWARD WITH THE ECONOMIC REFORM AND MONETARY POLICY AND BANKING REFORM WITHOUT THE BUDGET OR ANY OTHER ROAD BLOCK…   NO ONE KNOWS THE DATE OR RATE AT THIS POINT…IT HAS NOT BEEN RELEASED.  ITS ALWAYS NICE TO END THE NIGHT WITH A SMILE IF YOU DONT HAVE ONE ALREADY THOUGH…
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Tman23 ~ Maliki wants amnesty for his whole family and his Chief of Staff (Tariq Star “Najm”)….. Amensty was given to Maliki 2 weeks ago but his family and associates are soiling their sheets with fear of being left open to prosecution. Second,…..Maliki would like to keep his government mansion, private intelligence force and private security forces……Maliki wants to keep all government offices where members of his party reside……and he wants Massoum (POR) to appoint him the VP or another position ……plus members of his party get appointed positions…….. In other words, Maliki will give up the PM name only as long as they all get amnesty and get to keep what they have……along with their political positions……..What a guy !!

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

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Millionday - Report quote:  “…the entry requirements of market economy system should be deliberate and not random as it is the case now, stressing that the cooperation of the ministries and government departments…“   THEY ARE DISCUSSING THE IMPORTS THAT ARE COMING WHICH IS OPENING UP TO THE GLOBE — A MARKET ECONOMY AND ECONOMIC DEVELOPMENT.  THE PRICE OF THE CURRENCY WILL HAVE TO BE FAIRLY PRICED IN ORDER FOR IRAQ TO MAKE IT ECONOMICALLY AND ALSO FOR THE IMPORTS TO BE VALUED CORRECTLY.  FAIR TRADE ACCORDING TO THIS IS ON THE WAY AND IS PART OF THIS PHASE — THE ECONOMIC DEVELOPMENT INCLUDES THE BANKING REFORM AND THE MONETARY POLICY.
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TLAR Commentary  -

The President of the SOL still claims the document designating the NA as the largest block, signed by him and Maliki and witnessed by all the other signatories in 2010, is forged.  He is independantly declaring the SOL as the largest block and therefore claiming they have the right to choose the PM nominee.  He is still sticking with Maliki.  The only way to solve this is either get the SOL to agree to a vote with all the NA tonight or take this to the Supreme court for a ruling.  The Supreme Court has stated they have already ruled on it in 2010 and don’t want to hear the case again.  The SOL would never agree to a vote to decide who is the biggest block because they already know they would loose.  There are 50 MP’s in the SOL out of their 95 that are on record as saying they don’t support a third term and the SOL would never survive the vote.  There are most likely many more SOL members that are keeping quiet because they are intimidated but would also not support a Maliki third term in a secret ballot.  Even at 45 members the coalition would get the rest of the MP’s bringing a vote total of 45 SOL and 138 coalition, so we won’t see a vote in my opinion because the SOL will be vehemently against voting. 

This is a tricky situation and I am not sure what the next step is or how they will resolve it quickly.  One article suggested that parliament tomorrow takes on this issue and then parliament would decide who or what constitutes the biggest block.  If they do it that way, that would force a vote in the NA and the SOL having only 45 MP’s would loose the ability to choose a nominee to the coalition.  The coalition would just out vote the SOL  This is one that will go down in the history books.  A guy who everyone knows can’t win, is being supported by a group that also knows he can’t win.  The SOL won’t risk taking an internal vote of their membership because again they would loose Maliki.  More SOL members don’t support Maliki then do.  The leadership is using this strickly as a bargoning chip to get immunity.  The SOL leadership has basically destroyed their own party to save themselves.  I don’t think their strategy will work because both the Sunni’s and Kurd’s are now on record saying they want him prosecuted.  The NA Shia party can’t grant immunity without alienating the Kurds ande the Sunni’s.    We will just have to see how this plays out.  Tlar 
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SteveI - I can assure you that the future of Iraq does not include Maliki.   I was told, one the new parliament elected their new president and two deputies, one of the deputies appointed was from Maliki’s bloc which was a strategic plan to seal any chance of Maliki becoming the next PM for yet another term.  Their is just no way to have a Prime Minister and vice deputy from the same bloc.This is pretty much a done deal…I also recall that this was declared by the new parliament president…   There will be only one and only one candidate for this position and it will not be Maliki under any condition!
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Iran exert considerable pressure on al-Maliki to abandon the third term

Iran exert considerable pressure on al-Maliki to abandon the third termBaghdad - A source in the coalition of law, the existence of great pressures by the Iranian regime on the prime minister ended his Nouri al-Maliki in order to abandon the third term.

The source said in a statement to the Agency ((eighth day)) that “Iran is supporting the government of national partnership, which has admissibility extensive rejects asylum parties of the National Alliance to the national space, explaining that the rejection of the third term of the owners after the recent events in Mosul and Anbar…

Read More: http://dinarupdates.com/blog/
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Stryker - …in the news today…Parliament Speaker Salim has demanded Iraqi President Fuad Masum to announce the National Alliance as the biggest bloc in tomorrows session, he’s ask him to submit its candidate for Prime Minister and for them to form a government.  …another article…states that according to a member of the Citizens Coalition the National Alliance will present their candidate during the Parliament session tomorrow as well.   yet another…the Parliament Speaker saying that he will not postpone tomorrows session no matter what and the National Alliance will be named the largest of the parliamentary blocs on Tuesday. Then the National Alliance will nominate its candidate for Prime Minister.  So as you can see, I feel this could be a very important time for us…
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Millionday - CBI HAS MADE A PRESS STATEMENT THAT THEY ARE MOVING FORWARD WITH THEIR REFORMS AND HAS ALSO REPORTED WHERE THEY ARE WITH THEIR BANKING REFORMS AND HAVE GOTTEN APPROVAL FOR THE MONETARY POLICY FROM WORLD BANK AND THE IMF –  SO IT SEEMS THEY ARE WORKING…
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WMAwhite - In 2003 the initial printing was 70 trillion. However, as the cbi has spoken about for years that they have been pulling in the dinar and destroying it. Today, there is less than 4 trillion IQD out…what I spoke about is documented…from the CBI…what the US has or doesn’t havt has never been documented…something else, if there is all of this IQD everywhere then why is there no currency in the banks of Iraq. It has dried up and why? Because the CBI does not want to put it back out after pulling it in and why? Because the new notes are coming that require and change in the value of them.
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Saturday Night News Time w/Millionday

Saturday Night News Time 8/03/14    Post By Rudie

Welcome to www.dinarupdates.com with Millionday

[millionday] OK HERE WE GO

[millionday] The chairman Ashur International Bank that the amendment of the rules of procedure of the Association of private banks in Iraq reflects the passion and vision for the banks in the need to deal with the global banking shifts according to the contexts in place in developed countries.

The Chairman of the Board and Wadih Handal said in a statement the “morning” on the sidelines of the extraordinary meeting of the general assembly of the Association and enhance its ability to meet the challenges in building a strong economy and modern contributes to the achievement of sustainable development and enhances global confidence in the credibility of the Iraqi banking sector private
~~~

Read More: http://www.dinarupdates.com/showthread.php?14225-Millionday-News-8-2-14

And seen on: DinarReCaps.com
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tlm724 - Article:  “A new work program for the banking sector to adopt international standards“   it’s great to see the monetary policy being addressed because it’s not just the CBI acting alone, it’s a combination of the whole banking industry and it appears there is a plan…Wink.
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National Coalition: We do not oppose Maliki took the position of Vice President of the Republic

Sumerian News / Baghdad - Confirmed the National Coalition, which includes the Sadrists and the Supreme Council, the Sabbath, no objection to take on Prime Minister Nuri al-Maliki position of vice president rather than the prime minister, with renewed his refusal to renew the mandate of the owners…

Read More: http://dinarupdates.com/blog/
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Tman23 - the Alliance said they will announce their candidate on Monday…Tuesday he will be officially announced in Parliament, there could be 3 or 4 candidates and by next Tuesday voted down to 1…they are talking of introducing the Budget on Tuesday also…That said, so far the Alliance has been very calculated regarding it’s moves…whoever they nominate I believe we can be absolute that they have the votes to see it through.
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Mnt Goat - The new president Masoum must submit a candidate to the parliament on Monday 8/4 and announce his name to the world. The next session of parliament will conduct a vote on Tuesday 8/5 and seat the new prime minister and the other positions.  Nori Al-Maliki will not be the candidate put forward for prime minister.  I am hopeful and now hearing they will not drag this on and the president will announce the final candidate tomorrow, Monday 8/4,  and will formally submit the names of the prime minister, deputy prime minister and vice president to the parliament on time and in preparation for a vote in Tuesday’s 8/5 session.

BGG ~ While this MAY happen – I do not believe this is an entirely accurate dissertation…
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Tlar - The SOL (State of Law) continues to say they are the largest block.  They don’t want to challenge this in court because if they are ruled not the largest block then they will have lost.  This is their last hurrah, their last stall to get immunity. Their last argument.  So between now and Tuesday expect to see this argument get bounced around in the news not the courts.  Tuesday the NA will present its candidate.  He will come from the Coalition, most likely Mahdi.

The process of building a new nonsectarian government will be finished because Mahdi will quickly submit his list of ministers that have been pre-negotiated and pre-agreed upon.  There should not be much screaming from the SOL (State of Law) the minute the nominee is announced because IMO, the heads of the SOL and Maliki will already be on an airplane to parts unknown having unsuccessfully not received the “real” deal they have been seeking from almost the beginning of this, which is immunity.  
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Shahristani will withdraw from the rule of law

Download (8)Baghdad / Iraq News Network - The source of a high political level, the independent bloc, led by Hussein al-Shahristani, may be forced to withdraw from the coalition of state law. Source said that “after the rejection of mass Badr representative of the third term to make mass independent discusses the withdrawal of a coalition of law after holding Nouri al-Maliki to power and lack of respect for the decisions of dialysis nationally. added, that the mass independent keen on the unity of the National Alliance, and will not allow anyone to hard house to a Shiite, even if al-Maliki. mentions that the mass Badr parliamentary announced the rejection of the third term, and there are reports of objections by members of the inside a coalition of law Nuri al-Maliki to take over as prime minister….

Read More: http://dinarupdates.com/blog/
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SteveI - They are flat out of money to operate until the budget and HCL are passed and opened. This is getting very exciting to watch. This cannot and will not continue. All information we have is absolutely excellent.  [can you tell us what you think/believe will happen in the immediate aftermath with our investment when parliament passes the budget? Will a new rate be released simultaneously? Will there be a waiting period i.e, budget appearing in the law library then rate release?]  Personally from what we are reading and being told, it will be pretty much immediately. The CBI will just do their thing and you will not know in advance what it is or when, so you will just have to watch for it.
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MP: the National Alliance will name its candidate to head next government on Monday

BAGHDAD / NINA / the MP, of the Ahrar bloc, of the Sadrist movement, Mithaq Al-Mozani said, “the National Alliance will name, on next Monday, its candidate for the next prime minister among its five candidates.”…

Read More: http://dinarupdates.com/blog/
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Millionday - WE HAVE THE BUDGET TO BE ADDRESSED ON TUESDAY …AND THE COMPLIANCE PROMISED BY THE NATIONAL ALLIANCE TO HAVE A GOV FORMED BY ONE WEEK LATER — THE NEXT TUESDAY.   SO THERE WE HAVE IT — THEY HAVE A WEEK LEFT ON TUESDAY. I HAVE SOME INK ON MALIKI AND I DO NOT BELIEVE THEY ARE MOVING FORWARD WITH MALIKI AS A NEW GOV OFFICIAL…   [If the NA fails to nominate a candidate what are the ramifications?]  THEY WILL BE GOING AGAINST THE CONSTITUTION AND WILL FACE THAT IN FEDERAL COURT I WOULD SAY AND THEN IT IS SUPPOSED TO BE THE CHOICE OF THE PRESIDENT.  BUT HE HAS STATED HE WILL NOT PLACE THE PM – WE WILL HAVE TO WATCH – THEY ARE VERY CLEAR THEY WILL BE DONE SO I HOPE SO AND WE WILL NOT HAVE TO FIND OUT.
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Tman23 - Between Sunday and Tuesday morning is looking RED HOT… 
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Saturday Night News Time w/Millionday

Sauturday Night News Time 8/02/14    Post By Rudie

Welcome to www.dinarupdates.com with Millionday

[millionday] I WANTED TO BRING BACK UP THE FIRST REPORT I BROUGHT –

[millionday] I THINK YOU ALL MISSED ITS IMPORTANCE

[millionday] IT IS THE ENTIRE WORKING GROUP TO BRING AND ENSURE THAT ALL BANKS ARE UP TO INTERNATIONAL STANDARDS

[millionday] SEE HOW IMPORTANT THAT IS WHEN I SAY IT LIKE THAT ?
~~~

Read More: http://www.dinarupdates.com/showthread.php?14225-Millionday-News-8-2-14

And seen on: DinarReCaps.com
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TD - …my prediction (as discussed with my sandbox friend) is October -November for a formed government to begin operating. Then from there (as Massoum clearly spelled out) are the adoption of laws, dealing with the security situation and resolving the numerous other agenda items. SO much work to be done AFTER the government is named.   So what’s the deal with Maliki?  In or out?   His hope is to have enough power to call some shots from the sidelines.  My contact indicates to me that Hussein al-Shahristani will emerge as the named PM. Of course, treat as rumor…

What about the CBI?  My guy indicates having some conversations with some CBI staff members recently and they are just basically sitting on their hands waiting for a functioning government to take hold. SO, as of now, currency reform, it is just sitting idle and depending on WHO gets into power, fresh ideas and policies might emerge for numerous programs to be revised and enacted upon.  It just depends on who gets in.  In tandem with the ruling power is how the CBI makes it’s moves.   …regarding the estimated 30-60 Trillion (some even estimate more) and the reality of exchanging that many notes. Again my friend indicates that “everyone here (Iraq) knows that not all notes worldwide CAN or WILL be exchanged”.
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BGG - Article quote:“…Rudaw has learned that Iraq’s acting Prime Minister Nouri al-Maliki has urged Massoum to nominate him “since he represents the largest coalition in the parliament.”

…The president has reportedly declined Maliki’s appeal and said he would not use his presidential powers to nominate anyone “without the clear support of all Iraqi factions….”

Read Full Article at bottom of today’s BLOG… 

BGG ~ Maliki is essentially asking Fuad Massoum (POR)  to bypass the first (and preferable) constitutional method and go directly to the “appoint me” method…

Massoum is basically saying – he would resign before having to do so…

What Maliki is trying to wiggle away from is that – in the event of the 2nd option – Massoum can empower whomever he chooses. It does not have to be from the largest BLOC…and as I understand it – there is no “vote”.

At which point Massoum could call Bugs Bunny to be the PM if he wanted.

Maliki is aiming for a convoluted version of both methods – one where he gets past the need for a vote WITH the stipulation of the largest Bloc entitlement from the first method.

Here’s the bottom line – they have Maliki “hemmed into” the National Alliance – he can’t get out…and there is no guarantee he has the internal support to survive as the NA candidate.

At every turn they are forcing he and the SLC back internally so they have to deal with their own National Alliance…FIRST.

Read More: http://dinarupdates.com/blog/
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Aggiedad77 - Article:  “Citizen: the National Alliance will choose its candidate for prime minister before the hearing next Tuesday“   So the National Alliance is saying they will have a meeting before the next session of Parliament, next Tuesday, to decide who their nominee will be for Prime Minister…they have several qualified candidates to choose from…will it be M…or perhaps a new M that we have not heard much from in the past.
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Poppy3 - DATES TO WATCH FROM HERE FORWARD— BEGINNING THE 5TH OF AUGUST WHEN PARLIMENT RECONVENES TO PASS BUDGET, HCL, NAME PM AND DEPUTY…
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Millionday - Safi said he ‘remained one week of the constitutional deadline mandated by President candidate biggest bloc to form the next government…“   so there is one more week as of yesterday constitutionally to form new gov.  my opinion is that they have the right president…if he is not going to use his powers to place who he wants without the go ahead from all parties that speaks highly of his character – he has the right but wants all to agree...he states that if he is backed into a corner without the pm being placed by all he will not remain in his position –  i dont believe he would leave such an honor as it is but — to say that and demand the work to be done is a huge change from where they were with the past gov…i would not be shocked if they follow the constitutional deadline as we have seen that as a pattern lately.
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BGG - Article quote:  “After the Eid holiday, parliament will start its performance so we hope to endorse the Budget Law and the Federal Court Law.”  Well – I did say the next 72 hours would be exciting – and it sure has started out with a BANG  - those are two VERY BIG laws
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Check out the Dinar Corp 120+Max – it’s EQUITY!!

Commercial Solicitation

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Chattels - [ya think they might get this thing done this week?]  hoping and thinking are not the same as you well know…i will be surprised myself.  i question whether Maliki will give up and i wonder about the resolve of the Shiites.  the nomination and voting procedures are very unclear to me…i know what their constitution says but there are errors and conflicts and lacunae throughout the Iraqi constitution.  Sadly though the settling of the government does not assure us of our liquidity event.
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Kaperoni - Working Party on the Accession of Iraq – Membership and Terms of Reference – Revision“   Ok, I don’t know what this document is.  But I assure you, Iraq is not ready nor have they received accession into the WTO… they don’t have the laws to support global trade nor a convertible currency.  Accession will come later.  I believe their are like 8 steps to accession.  What this WTO post appears to be is graduation to step 8.  Which is not accession, but the final faze…which still contains all the conditions set forth before.  This basically puts it all on Iraq.  The WTO has said, as soon as you do what is required you can have full accession because you have met the previous seven stages.   Remember the list is at least…tariffs, laws, currency convertibility, less dependency on oil, etc.  So Iraq has work to do, but this is an incentive for them for sure.  IMO, Iraq is still a year or two out before they will fully join the WTO.
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Shredd - Quote:  “IRAQ is a member of the WTO—-Working Party on the Accession of Iraq to the WTO“   The title of this post is false.  Iraq is not a member yet. This is just a posting of a note on the file. There was a similar note posted back in December of 2009…people saying Iraq is a member of the wto, wrong.
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Friday Round Table w/Millionday

Friday Round Table 7/31/14    Post By Rudie

Welcome to www.dinarupdates.com with Millionday

[millionday] Demanded the Minister of Finance Agency purity of net debt, the House of Representatives to reduce the shortfall in the budgets of 2014 and 2015, noting that it serves the national interest of the year.

Safi said that “the new House of Representatives has to serve the national interest and that by working to reduce the shortfall in the budget Iraqi Finance, especially for the years 2014-2015.

[millionday] called for political blocs to work according to the laws in Iraq to end disputes taking place on the budget, ruling out the delay in approving the budget in 2015.

[millionday] so as we see they are working on the 2014 budget and at the same time are working toward the 2015 at an earlier time than months in to next year
~~~

Read More: http://www.dinarupdates.com/showthread.php?14207-Millionday-News-7-29-14

And seen on: DinarReCaps.com
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Poppy3    WOW,  MALIKI IS OUT AND NEW CANDIDATES ARE NAMED AND TURKI MAY BE PREPARING TO GO GLOBAL IN THE WTO. THERE IS A LOT HAPPENING AND SEEMS THE RUSH TO FINISH AND START FINANCIAL REFORM IS MOVING AT A URGENT PACE AS WELL. THAT ALL PRETTY EXCITING NEW

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