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Word for the day…

2 Timothy 3:16-17 (NKJV)

16 All Scripture is given by inspiration of God, and is profitable for doctrine, for reproof, for correction, for instruction in righteousness, 17 that the man of God may be complete, thoroughly equipped for every good work.

Heavenly Father, Thank You for the Word of God, The Bible! Thank You that all Scripture is given by inspiration of You and that we may be complete, thoroughly equipped for every good work. In Jesus Name, Amen.

Mrs BGG

Iraqi Dinar/Dollar auction 17-08-15 (no chng – as of Sat)

Currency Auctions Announcement No. 3015

This daily currency auction was held in the Central Bank of Iraq on the 17-08-2015

The results were as follows:

DETAILS	NOTES
Number of banks	25
Number of remittance companies	6
Auction price selling dinar / US$	1166
Auction price buying dinar / US$	—–
Amount sold at auction price (US$)	250,535,253
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	250,535,253
Total offers for selling (US$)	—–

More: http://dinarupdates.com/observer/
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BGG – Article quote:   ”He explained that “the largest category of cash is Al25,000 dinars, which is equal to $ 22, in the case of deletion of zeros and converted to 25 dinars Vstsawi of $ 75, this process will give the larger size of the local currency and reduce the use of the dollar in the domestic market.“   Did this guy just say 3:1? Sounds like what he is trying to say…Wow?!?  Not that I agree – but that sounds like what he is saying.   [why do you not agree?]  current conditions…seems like a big jump… I am a spectator and will be happy with added value…My dream is added value – a move, because once it goes “we’re in”!   and it is very odd timing this kind of OP ED by economists are coming out RIGHT AFTER Maliki is being dealt with…that is more curious to me than the numbers – the timing.
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Kaperoni – Article:  “Economist: deletion of zeros from the currency will reduce the dollar traded in the local market”  Quote:  “He explained that “the largest category of cash is Al25,000 dinars, which is equal to $ 22, in the case of deletion of zeros and converted to 25 dinars Vstsawi of $ 75, this process will give the larger size of the local currency and reduce the use of the dollar in the domestic market.”  He wants a $3+ exchange rate.

Read More: http://dinarupdates.com/observer/
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 9h9 hours ago

Iraq probe finds Maliki, others responsible for Mosul fall

http://www.dinarupdates.com/showthread.php?17629-Iraq-probe-finds-Maliki-others-responsible-for-Mosul-fall-8-16&p=127213&viewfull=1#post127213 …

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(Please note – we are posting daily News Articles slightly differently now)
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(In support of economic reforms) Iraqi Center for information development economic workshop organized in coordination with the Office of the Prime Minister (Iraqi dinar to float and its influence on economy)

The Centre organized for Iraqi media development in coordination with the Office of the President of the Council of Ministers economic workshop (Iraqi dinar to float and its influence on economy) Monday 17-8-2015 and the Hall with the participation of the President of the parliamentary Economic Committee, Dr. Haitham al-Jabouri, an elite group of advisers, experts and academics where the workshop discussed the importance of promoting the economic reality of Iraq and its impact on Iraqi citizens as participants put forward several ideas and perceptions that the Iraqi Government can be included within the plan of economic reforms and the issue of Iraqi dinar to float where participants set Of recommendations to be submitted to the Office of the Prime Minister.

http://www.dinarupdates.com/showthread.php?17676-Economic-Workshop-discuss-Iraqi-dinar-to-float-and-its-influence-on-economy-8-17&p=127308&viewfull=1#post127308
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Iraq probe finds Maliki, others responsible for Mosul fall

AFP By Ammar Karim

Nuri al-Maliki was Prime Minister of Iraq from 2006 to 2014Baghdad (AFP) – An Iraqi parliamentary investigation found ex-premier Nuri al-Maliki and 35 others responsible for jihadists overrunning second city Mosul, in a report being sent for possible legal action, lawmakers said Sunday.

While various top commanders and political leaders have long been viewed as responsible for the Islamic State jihadist group’s disastrous takeover of the city, the report is the first time they have been named officially.

Investigative committee member MP Abdulrahim al-Shammari said that Maliki, who was prime minister from 2006 until last year, was among those named, as did another member who declined to be identified.

The inclusion of Maliki’s name was a source of controversy on the committee, with his Dawa party pushing for it to be omitted.

The report detailing findings of the investigation, which has yet to be publicly released, has been presented to parliament speaker Salim al-Juburi, who said it will be sent to the prosecutor general for legal action.

“No one is above the law and the questioning of the people, and the judiciary will punish those” responsible, Juburi said in a statement.

IS launched a devastating offensive on June 9 last year, overrunning Mosul the next day and then sweeping through large areas north and west of Baghdad.

Multiple Iraqi divisions collapsed during the initial assault in the north, in some cases abandoning weapons and other equipment the jihadists then used to further their drive.

Maliki is widely viewed as having exacerbated sectarian tensions between the country’s Shiite majority and the Sunni Arab minority.

– Possible Ramadi prosecutions –

Widespread discontent among Sunni Arabs, who say they were marginalised and targeted by Maliki’s government, played a major role in worsening the security situation in Iraq, culminating in the disastrous jihadist offensive.

He also appointed commanders based on personal loyalty rather than competence, and was commander-in-chief of the armed forces during two years in which the Iraqi military did not carry out necessary training, leading to a decline in skills.

Earlier on Sunday, Prime Minister Haider al-Abadi’s office announced that he had cleared the way for the military prosecution of senior commanders responsible for a more recent military disaster in Ramadi, a city west of Baghdad.

IS seized Ramadi in May, after government forces had held out against militants there for more than a year.

Abadi approved “decisions of the investigative commission on the withdrawal of the Anbar Operations Command and units attached to it from the city of Ramadi”, his office said in a statement.

Those include “referring a number of the leaders to the military judiciary for leaving their positions without orders and contrary to instructions (and) despite the issuance of a number of orders not to withdraw”, it said.

Abadi previously said that forces in Ramadi “had to resist, and if they had resisted, we would not have lost Ramadi”.

And a senior British military officer, Brigadier Christopher Ghika, said the city “was lost because the Iraqi commander in Ramadi elected to withdraw”.

“In other words, if he had elected to stay, he would still be there today,” Ghika said.

http://news.yahoo.com/iraq-probe-fin…131801014.html