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Word for the day…
1 John 5:14-15 (NIV)
14 This is the confidence we have in approaching God: that if we ask anything according to his will, he hears us. 15 And if we know that he hears us—whatever we ask—we know that we have what we asked of him.
Heavenly Father, Thank You that we can approach You through Jesus! Thank You for answered prayer! We rejoice and thank You for the good report from Subby that her pet scan came back 100 % clear!! We give You all the Glory, Honor, and Praise, in Jesus Name, Amen.
Mrs BGG
Iraqi Dinar/Dollar auction 17-09-15
Currency Auctions Announcement No. 3038 (most recent listing)
This daily currency auction was held in the Central Bank of Iraq on the 17-09-2015
The results were as follows:
| DETAILS | NOTES |
| Number of banks | 27 |
| Number of remittance companies | 4 |
| Auction price selling dinar / US$ | 1166 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 170,079,150 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 170,079,150 |
| Total offers for selling (US$) | —– |
More: http://dinarupdates.com/observer/
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Everyone has a right to speak; no one has a right to be listened to. – Will Spencer
*** Current News ***
Corruption, corruption, corruption…
This is the watch word for today… and going forward. Iraq is rooting out corruption and fraud at every turn. This will not be an overnight success – but it may not be required to be a fully complete process prior to some kind of currency reform / value shift.
The world powers spoke out – Iraq responded. This is good for Dinar investors. We should remember that’s what this is – an investment. The big problem is timing… it’s not coming fast enough for most people. I’m with you there. However, none of us control the timing. It’s not a “guaranteed winning lottery ticket” – it’s an investment.
Allawi calls for a change of prime minister
Allawi has “called for” the removal of Abadi… why??
Two guesses…
Firstly, Abadi just “fired” Allawi… and he’s likely going to get tangled up in this corruption sting.
Allawi is a whiner with very little political sway… (and it’s a terrible idea to attack the PM – who is fighting corruption FOR THE PEOPLE… Allawi is giving himself to the Shia hardliners as a perfect patsy…)
Allawi’s name is much bigger than his actual “political footprint” these days. He never really had a true “plurality” and since his “glory days” his base has been split several times. His “parliamentary bloc” is now a fraction the size it once was.
Take his rhetoric with a grain of salt… he’s “all hat – no cattle” (as they say in Texas). There will be plenty of fireworks before this is over – but keep in mind, it’s typically comes from those about to land in the snare or those losing more power.
Here’s an interesting headline…
Washington refuses to hold early elections in Iraq
Here’s what it means…
Maliki was meeting with the U.S. (and I mentioned this earlier) trying to see if they would support early elections. He JUST CAN’T WAIT to pull some kind of “over throw”… and now is his best hope. Before he’s strung up as a traitor… soon he’ll have no chance.
I plainly said – it was curious the U.S. (Embassy personnel) would meet with Maliki – but if you saw through their “parsed language” it was clear. They support Abadi and the current GOI.
I was questioning what that was all about – but this article makes it clear… Maliki was after support for new elections (and an “elected” Abadi overthrow).
HE’S NUTS!!
And finally –
Najiba Najib: adoption of the investment law will help solving the problems of the financial budget
First – when is the Investment Law coming and exactly where does this law come up with the revenue to make good and this budget problem??
Reportedly – the Investment Law is “coming soon” and secondly – it is good news to hear Najiba Najib talking like this. Also worth pointing out – she was the MP calling for an RV recently (value, increase, whatever you want to call it – that’s what she said).
So there it is – “soon” and she’s calling for an increase in value – as an answer to their budgetary crisis.
BGG ~
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Deputy for the National: disclosure of the names of a lot of mischief in the next phase
[Baghdad-where] – Deputy for the National Alliance said it will be revealed the names of a lot of mischief in the next phase.
And between Abdul Hadi goodness of God told all of Iraq [where] “should be on the judiciary and the Integrity Commission that determined to take their active role, especially since there is an intention to repair what has been sabotage it in the government of former Prime Minister Nuri al-Maliki.”
He added, “We are involved in order to support the judiciary and the integrity and stripped of political calculations “, adding that” the next phase will witness the disclosure of a lot of the names of the corrupt, according to the statement by the Prime Minister Haider al-Abadi.
“The chairman of the Parliamentary Integrity Talal Zobaie, said to [where] that reforms of Prime Minister Haider al-Abadi against corruption It is still weak, noting that “the days will see the direction the ouster of big heads” .
http://www.dinarupdates.com/showthread.php?20457-Deputy-for-the-National-disclosure-of-the-names-of-a-lot-of-mischief-next-phase&p=131131&viewfull=1#post131131
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For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…
http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS
(Please note – we are posting daily News Articles slightly differently now)
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Chalabi: The Central Bank sold to private banks {312} billion dollars under the pretext of import and the state need to {115} billion dollars only
{Baghdad: Euphrates News} head of the parliamentary finance committee, Ahmad Chalabi revealed, on Thursday, the central bank sold to banks own {312} billion dollars under the pretext of import, while the government needs to {115} billion dollars only.
Chalabi said during the interview program with Al-Furat satellite, which will be presented today at exactly ten o’clock pm, “The Finance Committee revealed the dollar auction gangs in the central bank and we got to extensive information, but there is no response from the central bank and the government, now there are frequency and to and the reluctance of the Mmnaah in the implementation of the things that we have requested financial as a committee to reduce the foreign currency leakage to the outside. “He added that” {551} billion entered Iraq from 2006 to 2014, “noting that” imports of the Iraqi state in full, of food, clothing, fuel and weapons, You do not need only the {115} billion dollars, “noting that” the central bank sold to private banks under the pretext of import {312} billion dollars, equivalent to 270% of the imports of the state.
“He continued, saying” in 2014 uncovered the existence of the name {Zhou company agility}, bought by a bank {130} million dollars under the pretext of imported materials. “The governor of the Central Bank on the Keywords had announced earlier that Iraq needs to reform its banks through restructuring and privatization of the Rafidain and Rasheed. As Finance Minister Hoshyar Zebari on the importance of the financial and banking system reform, so that it is consistent with international standards, especially after the Iraq get a credit rating and became part of the movement of global capital markets, and that any delay in the reform process will reflect negatively on the credibility of Iraq in front of the international financial institutions .
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Parliamentary Integrity: reforms are still weak and will soon overthrow the heads of major corruption
[Baghdad-where] the chief of the Parliamentary Integrity Talal Zobaie, said that reforms of Prime Minister Haider al-Abadi against corruption is still weak, noting that “the days will see the direction the ouster of big heads.”
He said Zobaie told all of Iraq [where] that “the difficult task Abadi, especially given that the heavy legacy in the fight against corruption and mafia corruption in many government departments,” noting that “reforms Abadi towards corruption and weak preliminary and did not check Touh Iraqis.”
He added that “there are ongoing interaction with the Integrity Commission to form a field committees to follow up on corruption cases, and that the phenomenon of the formation of the supervisory committees precedent are new terms began to take nature of supervisory pure.
“He said Zobaie that” the judiciary began to bring a lot of ministers, agents and general managers, and that the coming days will witness uncover the truth of the corrupt in the country as well as the ouster of the heads of adult corruption and their associates who are in some ministries “.
http://www.dinarupdates.com/showthread.php?20461-Reforms-are-still-weak-and-will-soon-overthrow-the-heads-of-major-corruption&p=131136&viewfull=1#post131136
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Commercial Solicitation
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CURRENCY CODE SELL BUY
US dollar USD 1166.000 1164.000
| CURRENCY | CODE | SELL | BUY |
| US dollar | USD | 1166.000 | 1164.000 |
| Euro | EUR | 1309.185 | 1308.530 |
| British pound | GBP | 1799.138 | 1798.238 |
| Canadian dollar | CAD | 884.808 | 884.366 |
| Swiss franc | CHF | 1195.407 | 1194.809 |
| Swedish krona | SEK | 140.538 | 140.468 |
| Norwegian krone | NOK | 141.710 | 141.639 |
| Danish krone | DKK | 175.470 | 175.383 |
| Japanese yen | JPY | 9.690 | 9.685 |
| Special Drawing Rights |
SDR | 1639.839 | 1639.019 |