Sept. 1st – “FB Live” Video Link
From our Sept 1st Facebook Live. “Verify Your Dinar”. We re-recorded this – I hope this works better for everyone.
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Al Nassiri: investment in the agricultural sector enhances resources and achieve economic growth
Economy news _ Baghdad – Economic adviser said Samir Al Nassiri said Wednesday that oil prices revealed the vulnerability of the rentier economy, especially in the non-oil sectors, particularly the agricultural sector, noting that there is a big gap between interest in the energy sector and non-oil sectors .
Al Nassiri said in an interview for “the news”, “economy of the agricultural sector in Iraq has contributed to the GDP, due to the lack of a clear strategy and methodology to promote non-oil productive sectors is consistent with the urgent need to diversify sources of revenue dependence The oil is to rely on non-oil sectors, “stressing that” the fact that there are strategic interaction and coordination between these vital sectors in order to achieve food security by raising growth rates by another and enhances resources “.
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Dinar Updates – Conference Call – w/BGG & Company September 7th, 8:00 pm CST Please Come and Join us!!
www.DinarUpdates.com – save as favorite
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Breitling (Dinar Guru) …It’s very simple for them to start adding value to it [dinar] especially with what they’ve already done. Again and again and again I get emails from people asking, “What do they need to do?” Iraq doesn’t need to do anything. They’ve gotten their currency down to where you and I can exchange for up to .54 or 55 cents. Where are they going to come out? I don’t know. Can they pull more dinar off the market? Sure they can. I haven’t seen any reports on what they’re doing. There really hasn’t been anything out there…there hasn’t been for a while. I know what they’ve already done. And I know what you and I can exchange at. And I know they’re primed to do it. And I know what the market is and it’s a long trend. That’s what they have been waiting for.
Read more: http://www.dinarupdates.com/observer/
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Upcoming visit to Abadi to France
Visiting Prime Minister Haider Abadi soon France in response to an official invitation.
Official spokesman said the Prime Minister, Saad Al-Hadithi, in a press statement Wednesday, the Iraqi Prime Minister’s upcoming visit Haidar Abadi, to France in response to an official invitation.
“The French President invited the shifty official Iraqi Prime Minister Haider Abadi earlier to visit France”, adding that “the date is not selected until now.”
With newly confirmed on a visit to Ankara Abadi, said “there is no information about the Prime Minister’s visit to Turkey.
Read more: http://www.dinarupdates.com/showthread.php?54000-Upcoming-visit-to-Abadi-to-France
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Assignment of a number of general managers in the Ministry of industry to integrity
Referred the Inspector General’s Office at the Ministry of industry and minerals, on Wednesday, a number of general managers to engender fairness, pointing to irregularities in Baiji fertilizer plant investment contract.
He said the Ministry’s Inspector General Adnan Karim Salman, in a statement, the Agency has received a copy of {Euphrates news} today that “investigations conducted in accordance with the provisions of the order {57} Act 2004 guidance, monitoring and direct support from industry and minerals Minister Mohamed sheyaa, on the number of files and issues concerning the Ministry And its subsidiaries, which transmit a number of general managers and boards of Directors to engender integrity for causing harm in public money.
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Mike (Dinar Guru) – Article: “Iraq is an international indicator of the failure of most countries to attract investments” Quote: “Specialists in economic affairs confirmed that the invitation of the Prime Minister and the previous calls can not be anything move unless action to improve the business environment in Iraq.” And then ” he can not move anything with all these calls if no action is taken to improve the business environment in Iraq.” Three years ago Iraq came upon a fork in the road when oil prices dropped and they should have addressed the above concerns instead of taking the beggars road. ...Iraq has to pass the legislation to enable the open market economy. The time for committee’s and forum’s have passed, open up the country for investors to bring the capital needed to rebuild the country and advance Iraq as a whole instead of the elite in government. The red tape and corruption are choking growth. Necessity is the mother of all invention, hopefully Iraq has a plan to do something now.Emotions aside, this is the economic reality of Iraq.
Read more: http://www.dinarupdates.com/observer
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Kaperoni (Dinar Guru) – As I have stated on numerous occasions, any bank that wants to do business with Iraq can. And any bank that wants to do financial transactions can. The lifting of sanctions on Iraq several years ago achieved this. That being said, doing business with a central bank in Article XIV is risky and very few if any will do business with Iraq while they are still under IMF Article XIV. Until they achieve the requirements of Article VIII and accept it, most foreign banks will shy away from Iraq. Think of IMF Article VIII as an international standard.
Read more: http://www.dinarupdates.com/observer
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Japan lend Iraq $500 million
The Japanese Embassy in Baghdad, signed a memorandum with Iraq to provide financial loan capacity 500 million dollars to improve the Government’s financial circumstances Iraq and achieve in the areas of administration and finance.
The Embassy said in a press statement obtained by the news, “economy”, “held the signing ceremony of the exchange of notes in Baghdad for Japanese ODA loan and the loan aims to improve the harsh financial circumstances and financial reform the country by helping the Iraqi Government in Current reforms in the areas of administration and finance.
“The decline of world oil prices in recent years has resulted in a sharp drop in government revenues, and Iraq was forced to increase defense spending and provide relief to those displaced by the terrorist organization of ISIS operations causing increased government spending, saying that” according to IMF estimates , The budget deficit reached in Iraq years 2016 to 14.1%. In the same year in debt arrived to 66.9% versus GDP. ”
Read more: http://www.dinarupdates.com/showthread.php?53996-Japan-lend-Iraq-500-million
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Click this link to join the DU “private” FaceBook Group…
https://www.facebook.com/groups/571383766355188/
(go here and ask to join… then add some Dinar Friends!!)
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Post RV Checklist (it’s getting to be that time!! Listen up!!)
Dos and Don’ts of Windfall Wealth:
Treat it like a PowerBall win
– Tell no one, not even family. If you must talk, do so with one who is already in the know.
– Don’t run out & buy new “stuff”. People notice.
– Get an unpublished number and give it out very sparingly.
– Get a tax accountant you can trust to make sure the IRS is satisfied (Certified Opinion is something to look into) and pursue asset protection…
Read Complete List: http://www.dinarupdates.com/showthread.php?18519-The-Post-RV-Checklist-and-Flashback-documents&p=128477#post128477
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