Jubouri: the next stage towards economic stability
Transfer to the sons of Basra , thanks and appreciation of the liberated provinces of Baghdad / Saad Al- Samak stressed Chairman of the House of Representatives, Dr. Salim al – Jubouri, the need to speed up holding a real dialogue in which you can put up opportunities the solution and activate the mobility of the collective towards ending the crisis, praising the role of tribes in support of stability and limited arms in the hands of State And impose the prestige of the law and the protection of citizens, and called on the Council of Ministers to include a number of paragraphs in the draft financial budget for the year 2018. Jubouri, during a meeting with the local government in the province of Basra: In a statement to “morning”, “The Parliament at its next meeting will introduce the budget law on the Council to Rath first reading , “stressing that” the employees ‘ salaries for us a red line and should not affect. ”
“Terrorism, when it is defeated, has given us a new challenge: achieving reconstruction and stability,” the speaker said. “We can not lose sight of our youth to deprive them of terrorism or other areas of futility.”
Read more: http://www.dinarupdates.com/showthread.php?55829-Jubouri-the-next-stage-towards-economic-stability
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Enorrste (Dinar Guru) – Article: “Central Bank: float the dinar is difficult to apply in Iraq” Alaq is giving a progress report on the plans to open the currency to a float. They have taken “a package of measures” to bring them to the point where a float will work. …Then he goes on to state that they are making efforts to achieve “financial inclusion” which I take to mean international acceptance of the dinar, now that the security and financial stability have been dealt with. Finally, he concludes by stating that paying federal employees through bank deposits is working to get people to use the banks. [post 1 of 2….stay tuned]
Read more: http://www.dinarupdates.com/observer/
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Enorrste (Dinar Guru) – The reason for the delay, in my view, is this last item. Unless and until the CBI can get the dinars out from the mattresses they are cautious to begin the float. In short, there are just too many dinars in circulation. However, as they get people to move to banking they can remove the large notes from circulation and begin the float. Therefore, I see this article as positive. It is a report card only but points to a goal (the float) that is imminent. I get to this conclusion because…it specifically is mentioned that Egypt moved to a float, but “too late.” This would imply to me that the CBI is not going to be “too late” in moving forward, unlike Egypt. [post 2 of 2]
Read more: http://www.dinarupdates.com/observer/
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Washington and Baghdad are negotiating a long-term US presence in Iraq
The United States and Iraq have recently intensified their talks to keep a section of US troops permanently in the country following the expulsion of armed militants.
Both countries want to avoid repeating what happened in 2011, when US forces withdrew from Iraq after they successfully curbed al-Qaeda’s threat and reduced violence in the country. But three years after that withdrawal, the Iraqi army collapsed in the face of the march of armed militants.
According to US officials, who declined to be named because they were not authorized to speak publicly, the United States and Iraq have yet to decide on the size and composition of the force that would remain, which could change over time.
The two officials said no decision had yet been made on a long-term presence, and that the composition of the force to be agreed upon would be determined by the Iraqi government.
“What is happening now is similar to what we were looking for after 2011,” said James Jeffrey, a former US ambassador to Iraq who is close to the issue in an interview with USA Today.
The US newspaper says it is not clear whether the United States will be able to avoid some of the political obstacles in Baghdad that have derailed the agreement to keep troops in 2011, and that Iran, which opposes the presence of US troops in the country, has strong political influence in Iraq.
Read more: http://www.dinarupdates.com/showthread.php?55803-Washington-and-Baghdad-are-negotiating-a-long-term-US-presence-in-Iraq
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BGG (Dinar Guru) – Article: “Anti-Government protest continue for third day in some Kurdish cities” These unfolding events are BIG NEWS… Barzani’s “Old Guard” regime is on the verge of collapse. Abadi has been plain in his efforts to protect and help ALL the people of Iraq.
Read more: http://www.dinarupdates.com/observer/
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Kaperoni (Dinar Guru) – Article: “A new term Atdoual Iraqi banks and earns “millions” during hours without paying one penny” Quote: “the daily speculation carried out by traders across the volatile instruments affect the stability of the currency rate and the size of the cash reserves of foreign currency because the bank will cover the needs of Iraq Foreign trade, but these speculators use these reserves for the purpose of profit.” So they either reduce the spread to 2% or less as required by the IMF or start the currency reform and float the currency so they can eliminate the dollar auctions.
Read more: http://www.dinarupdates.com/observer/
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Anti-Government protest continue for third day in some Kurdish cities
6:36 p.m.
Kurdish health officials lower protest death count from 5 to 2
The KRG Ministry of Health and local officials have lowered the death casualty for Tuesday violent protests in the city of Raniya to two, down from five.
Taha Mohammed, spokesperson for the health department in Raniya, had told Rudaw on Tuesday that five people were killed and 80 more injured after the anti-government protests in Raniya, the capital city of Raparin Administration, northwest of Sulaimani.
He told Rudaw on Wednesday evening that they had “mistakenly calculated” the death casualties as their hospitals were overcrowded by dozens of injured protesters.
On Tuesday evening, the public hospital in the city recorded five deaths “three of whom died of normal conditions” unrelated to the protests. He added that only two died from the clashes on Tuesday.
Dr. Khals Qadir, the spokesperson for Kurdistan’s Ministry of Health, also told Rudaw on Wednesday that they have recorded only two cases of death from Tuesday’s protests.
Mohammed, from the Raniya health department, added that the number of injured has risen to 87 following fresh protests in Raniya on Wednesday…
Read More: http://www.dinarupdates.com/showthread.php?55809-Anti-Government-protest-continue-for-third-day-in-some-Kurdish-cities
BGG ~ These unfolding events are BIG NEWS… Barzani’s “Old Guard” regime is on the verge of collapse. Abadi has been plain in his efforts to protect and help ALL the people of Iraq.
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The resignation of the President of the Parliament of Kurdistan of Iraq and the withdrawal of two parties from the Government of the Territory
The news agency “Reuters” quoting party sources that the President of the Parliament of the Kurdistan region of Iraq, Yousef Mohammed, submitted his resignation.
On the other hand, the Movement for Change and the Kurdistan Islamic Group decided to withdraw from the Kurdistan Regional Government of Iraq.
The channel “Alsumaria” a leading member of the Movement for Change Karwan Hashim said that “the Change Movement and the Kurdistan Islamic Group decided to withdraw from the government of the region,” explaining that “the decision to withdraw also included the withdrawal of the President of the Kurdistan Regional Parliament Yusuf Mohammed from office.”
Hashem confirmed that the decision to withdraw was a joint, and was caused by “the neglect of the authorities of the many attempts by the Movement for Change for the implementation of reforms in the Kurdistan region.”
He added that “the movement of change will turn into an opposition force to press for changes and reforms” in the region, stressing that it “is planning to start a new phase of political action.”
The movement’s leader also announced that it had decided to suspend its agreement with the Patriotic Union of Kurdistan. He said that “the leadership of the Movement for Change decided in its meeting today to suspend its agreement with the Patriotic Union of Kurdistan,” and “against the backdrop of recent developments in the Kurdistan region.”
He added that “the citizens of the Kurdistan region will not bear the most current bad conditions,” pointing out that “the current government failed to manage the region and must leave.”
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Alaq confirms the government’s determination to activate the investment movement
BAGHDAD – The Secretary-General of the Council of Ministers Mahdi Al-Alaq on Wednesday revealed the government’s serious position in activating the investment movement in the country. The Secretariat of the Council of Ministers organized in cooperation with the World Bank a meeting of ambassadors and representatives of donor countries at the headquarters of the Secretariat. The meeting was attended by Chairman of the National Investment Commission Sami Araji, Mufti, World Bank representative Yara Salem and a number of ambassadors and representatives of donor countries to discuss key recommendations to ensure a sound investment climate in Iraq.
“The Iraqi government is serious in activating the investment movement in Iraq, especially since the most difficult battle in the history of Iraq is the elimination of an oppressor,” he said, adding that the prime minister and the Iraqi government emphasize the activation of investment in Iraq.
He also stressed the need to revitalize the investment movement, expressing his thanks and appreciation for the initiative of the World Bank to enter into the formulation of the main recommendations to achieve a sound investment in Iraq, which will be presented to the Supreme Committee for Reconstruction and Investment, which was recently chaired by the Prime Minister.
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Enorrste (Dinar Guru) – Article: “World Bank: ready for the advancement of the Iraqi economy” I agree with KAP that the fact that this is being driven by the World Bank is very significant. [Reference Guru Kaperoni post 12-14-2017] In the past we have heard many times that “in the coming period” something may happen, but these were all from within the GOI or CBI. The politics intervened and delays occurred. However, with the World Bank behind this move it seems that we may finally begin to see some real economic growth in the country. Obviously with that growth there will be a strengthening of the currency which should allow for the float to begin. It could take several months, but at least we have one of the “big boys” behind this, finally.
Read more: http://www.dinarupdates.com/observer/
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Kaperoni (Dinar Guru) – Article: “World Bank: ready for the advancement of the Iraqi economy” This is another very important article. Since the World Bank is who was helping the CBI with currency reform, it appears they are on board now to get it done. If you read previous delete zeros articles the World Bank was clear on the benefits and reason to restructor the currency. Seeing this article gives me hope that with the help of the WB, the project may start within a month or two. Keep in mind, those same articles stated that it takes a long time ( I am speculating at a few years) to delete the zeros.
Read more: http://www.dinarupdates.com/observer/
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Abadi adviser to «Economy News»: Iraq’s exit from the seventh item will provide an environment conducive to foreign investment
Economy News Baghdad: The financial adviser to the Prime Minister, the appearance of Mohammed Saleh, on Wednesday, that the exit of Iraq from the seventh item will provide an environment conducive to foreign investment.
The Security Council decided on the ninth of this month, to remove Iraq from the seventh item and placed in the sixth item, after the implementation of the requirements of the Security Council.
Saleh said in a statement to “Economy News” that “the climate of investment and credit rating for Iraq will rise because many of the funds frozen by the United Nations of the oil-for-food programs and inspection teams and others will return their money to the state treasury.”
He pointed out that “the remnants of the funds of the memorandum of understanding estimated about 150 million dollars will enter the treasury of the state.”
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Presidencies and political blocs agree to adhere to the constitutional timing of the elections
BAGHDAD / Al-Ghad Press: According to an informed source, on Wednesday, that the meeting of presidencies and political blocs ended by agreeing to abide by the constitutional timing of the elections.
The source said that “the meeting held at the Peace Palace between the presidencies and heads of political blocs ended by agreement on the commitment of both the government and the parliament on the constitutional timing of the elections and conduct them by their exact date.”
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MilitiaMan (Dinar Guru) – Article: “Iraqi bank receives international award” Another indicator of significant progress or coming about international if you will. Setting up for to the final outcome imo.
Read more: http://www.dinarupdates.com/observer/
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MilitiaMan (Dinar Guru) – Quote: “We would like to inform you that RTL transfers has been activated MSG via electronic services via the Internet” This is telling us Iraq just went Digital… imo… if this is true, then our time is near! imo
Read more: http://www.dinarupdates.com/observer/
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Adam Montana (Dinar Guru) – […do you have some good news about thé HCL? RV?] I wish I did right now! We’re in a little bit of a lull with the HCL, and I’m not sure when that lull will be over, but I AM certain that it will end soon. All we can do right now is wait to hear some news. My guess is we should get HCL news within the next 6 weeks. It’s a topic that cannot be ignored forever, it’s something they NEED regardless of their currency value, and it is only going to benefit them. I get torn on this next statement… I want to say “the sooner, the better!” But then I also like the sound of “The HIGHER, the better!” With those words in mind, I usually decide it’s best if I exercise some of that virtue called “patience”, and I’m ok with letting it take a little longer if it’s going to be done right.
Read more: http://www.dinarupdates.com/observer/
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Green zone will witness the coming days “political earthquake” and the reason !!
Baghdad News – A political statement on Tuesday that Prime Minister Haider Abadi will trigger a political earthquake in the Green Zone in the coming days, indicating that senior names will be called in the government to investigate corruption cases.
The politician said in a press statement that ‘Abadi has prepared a plan on a low level to fight the corrupt people in the country and start to provide them through the Judicial Committee, which is directly linked to the Prime Minister and accompanied by international investigators, which will call about 800 government officials, military and security and a former deputy, Corruption done by ‘.
“The decisions of Abadi in these files would be an earthquake inside the Green Zone, and political squabbling at the same time,” said the politician, who asked not to be named.
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Jubouri and the Saudi Ambassador agree to activate the factors of economic and investment development
Baghdad / Al-Ghad Press: Speaker of the House of Representatives Saleem al-Jubouri and the Saudi ambassador on Saturday agreed on the necessity of activating the economic and investment development factors between the two countries, opening new horizons and opportunities for developing trade and Saudi Arabia playing an important role in the reconstruction of liberated areas.
Al-Jabbouri’s office said in a statement received by Al-Ghad Press that the latter had received the ambassador of Saudi Arabia to Iraq, Abdulaziz Al-Shammari, and discussed the situation in Iraq, developments at the Arab and regional levels and the importance of cooperation between the two countries to face challenges and common issues.
“We have also discussed means of achieving stability in the region, especially after Iraq managed to end the existence of an organization calling on the terrorists to break their borders and end their alleged state,” he said.
“The role of the Kingdom of Saudi Arabia in supporting Iraq to achieve lasting stability and its cooperation with the Iraqi government to restore bilateral relations and achieve the interests of the two brotherly peoples,” he said.
The two sides agreed, according to the statement, to “activate the factors of economic and investment development between the two countries, open new horizons and opportunities for the development of trade, and that Saudi Arabia has an important role in the reconstruction of liberated areas.”
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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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