Welcome to the Dinar Observer – Daily. For regular Dinar Updates, to see what the Dinar Gurus have to say, Dinar to USD listings, IQD and for Iraqi Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – whether you are a Dinar vet or just looking for a little current Dinar info – Welcome.
Word for the day…
Psalm 33:4 (NKJV)
4 For the word of the Lord is right,
And all His work is done in truth.
Heavenly Father, Thank You for Your Word, The Bible! Thank You that Your work is done in truth! In Jesus Name, Amen.
Mrs BGG
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Every new opinion, at its starting, is precisely in a minority of one. – Thomas Carlyle
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*** Current Posts ***
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tman23 – I will go out on a limb to say Shabibi will never be the CBI governor again. He will consult and advise…But at his age he was preparing to retire when he was in office…He ain’t coming back.
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Mnt Goat (Dinar Guru) – We can see more pressure to get these reforms laws passed as religious leaders, the demonstrating citizens, and now even the rest of the Arab community (GCC) are exerting pressure on parliament… So what pops out today – more pressure to pass the needed changes in HCL that Kurdistan has been asking for resolution. Do we need these changes for an RV? This is the million dollar question. I know they need to make good on the HCL and put some of that oil money in the hands of the average citizen prior to any RV. Iraq has been told this many times by the USA. One provision they can not escape. Remember HCL technically does not have to go through parliament for a vote to become law, just that the GOI and Kurdistan must agree.
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Aggiedad77 (Dinar Guru) – I am all for transparency in writing this budget and getting it published…..but keep the cloak and dagger boys away from the budget until “after” it is approved…..oh sorry….I meant the Finance Committee of Parliament….no last minute shenanigans from them this year…….give to the people just like PM Abadi wants…..straight up with a twist of lime and one olive.
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BGG – Jafaari had the nerve the tell the US Ambassador (this morning) that our coalition didn’t meet the threat level of terrorism in their country… this from a guy who was overseeing the party for which Maliki was campaigning for while he was bombing Anbar and starting this whole mess for his reelection campaign…without Maliki – I truly believe ISIS would not be what it is today…and this is the very reason – I see no way the world let’s him off the hook so easy. I agree – their economic situation is still dire…and this may be the thing that really puts us in the running… as soon as the main bad actors are down – I fully expect monetary reform in stages – they are too desperate. Their situation is dire. They need the bounce ASAP.
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Don’t Miss “NEWS TIME” in the DU CHAT ROOM – Saturday evening at 7:30pm EST!!
www.DinarUpdates.com – save as favorite!!
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Mnt Goat (Dinar Guru) – what should we be looking from Iraq to indicate to us they are gaining the stability needed in these three areas of concern? 1) POLITICAL STABILITY (getting rid of Maliki and the Iranian influence); 2) PHYSICAL SECURITY (getting rid of ISIS and DAASH); 3) ECONOMIC STABILITY (ending the corruption, returning the loss Iraq funds, the return of Dr Shabibi to the CBI and the diversification efforts in the Iraqi economy, price of oil on the rise).
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EXOGEN (Dinar Guru) – WHAT IS NOW TAKING PLACE IS RUSSIA AND OTHER COUNTRIES ARE ATTACKING ISIS 4 REAL, UNLIKE THE USA.
SO NOW THAT THE USA IS BEING EXPOSED FOR FUNDING AND HELPING ISIS ALL OF THESE YEARS, THE USA CONGRESS IS NOW SAYING RUSSIAN MISSILES ARE DANGEROUS AND NOT ACCURATE.
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Poppy3 (Dinar info) – [Any thoughts on a time table for the removal of Maliki? this month…this year?]
The courts and Interpol police are building a complete case and when they are sure they have a enough goods against him without loop holes or corrupt court official they will pick him up and prosecute.
They have to be positive … you better have all the tees crossed and eyes dotted.
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wmawhite (Dinar Researcher) – Personally, Maliki nor us, will not hear about his arrest or voluntary move to another country until after it has happened.
You can be assured that if we had an idea of when … he would too.
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rcookie – WOW!!! HERE YOU GO DU!!! DIRECT ANSWERS FOR THOSE ASKING STATUS AND TIMELINE FOR LAW AMENDMENTS AND IMPLEMENTATION!!!
Office Abadi confirms that last with unimpaired partisan or political reforms
The Prime Minister’s Office confirmed Thursday that Abbadi was not affected by partisan or political reforms launched by.
And the Office’s spokesman Saad Al-Hadithi said in an interview that “Abbadi when reform package it was party and political bloc is determined to hold remedial spoilers no matter how antmaeathm this confirms it,” Prime Minister, “Al-Abbadi was not affected by partisan to implement his reforms and is determined.
And between Al-Hadithi that “a large number of reforms had been implemented and others are in progress and some need to enact laws to implement,” he said, “there is no delay for repairs, but needed time to implement them.”
Read More: http://www.dinarupdates.com/editpost.php?do=updatepost&p=133369
rcookie – SOME ALREADY DONE AND IMPLEMENTED…OTHERS IN PROGRESS…OTHERS NEED TO ENACT LAWS TO IMPLEMENT!!!!
rcookie – THERE IS NO DELAY FOR REPAIRS!!! BOULYAAAAAH!!!
rcookie – TAP..TAP…IS THIS MICROPHONE ON!!
rcookie – …”ALL IS WELL!!!… ALL IS WELL!!!!”
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tman23 (Dinar info) – The investment law still seems to be the key that unlocks the gates to “everything else”…I do not believe there is any other amendment to the investment law or needed to be reviewed again by the CoM.
It was read 2 times and printed by the Justice for the third reading and vote… IMF, World Bank, ISSD, European Union, have all reviewed the law and Iraq began campaigning their Bonds through Bank representatives in the US and London.
Nothing being reported on the Bonds that were ready for offer Oct 1st…because no investment law! The reason for delay? The excuse is OH JUST ONE MORE THING… IMO…That is BS… BUT…we may see it roll come the 13th.
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PappaJ: Frankie, IS M UNDER ARREST OR NOT BREATHING??? BAD HE IS, BUT NOT A BAD POLITICIAN —– THERE ARE TOO MANY THINGS THAT HE COULD HAVE POLITICIZED BUT HAS NOT SSSSSSSSOOOOOOO WHICH IS IT????
Frank26 (Dinar Guru) – Your question was mine last night.SAID …….. If M is up and about then why is he not taking advantage of ruining A and DRS AMAZING ADVANCEMENTS???!!!
Is he hiding? SAID …… Not with our technology .
Is he DOA?Talked about his THREE HOTEL attempt that failed ….. Was it him or his family that tried this?
SAID …….. Over a month ago ……. ” Have You seen M?”
IMO ……. They will tell You MUCH about M this month.
KTFA Frank
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Mnt Goat (Dinar Guru) – Again lots of important news to report today. It is all pointing in the direction of getting these very last items corrected so Iraq can move towards completing the currency reforms / project to delete the zeros.
I wanted to include shorter than usual news and give you another reading break today…..lol…
Today’s news is all about UNDERSTANDING what is really going on with Abadi’s reforms. No hype about a pending RV this weekend….so sorry!
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wmawhite (Dinar Researcher) – I continue to be excited about the continued progress that I see everyday coming from the CBI and GOI.
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Commercial Solicitation
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Throwback Thursday
The Exchange Rate of Foreign Currency in Economic Feasibility Studies
Below are the central controls related to the exchange rate of the foreign currency to convert the project inputs and outputs from foreign currency to its equivalent in the local currency, and that is by calculating the net discounted present value standard and the internal return on investments in economic analysis that governs investment projects that costs excess one million dinars.
Estimate the shadow price of foreign currency:…
3. Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities.
Read More: http://dinarupdates.com/blog/
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