{"id":12525,"date":"2016-08-17T09:21:55","date_gmt":"2016-08-17T14:21:55","guid":{"rendered":"http:\/\/www.dinarupdates.com\/observer\/?p=12525"},"modified":"2016-08-17T10:16:44","modified_gmt":"2016-08-17T15:16:44","slug":"dinar-observer-daily-august-17th","status":"publish","type":"post","link":"https:\/\/dinarupdates.com\/observer\/?p=12525","title":{"rendered":"DINAR OBSERVER DAILY August 17th"},"content":{"rendered":"<p><span style=\"color: #008000;\"><strong>Welcome to the Dinar Observer &#8211; Daily. For regular Dinar Updates, to see what the Dinar Gurus have to say, Dinar to USD listings, IQD and for Iraqi Dinar info &#8211; THAT MATTERS!! This is a good place to start for your Daily Dinar Recap &#8211; whether you are a Dinar vet or just looking for a little current Dinar info &#8211; Welcome.<\/strong><\/span><\/p>\n<h1><span style=\"color: #800000;\"><strong><em>Word for the day&#8230;<\/em><\/strong><\/span><\/h1>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" aligncenter\" alt=\"\" src=\"https:\/\/scontent.xx.fbcdn.net\/v\/t1.0-9\/13925416_10204939070196555_7741210188348224049_n.jpg?oh=743154a0385f647b8ddfc1f02cc3491a&amp;oe=58521CC4\" width=\"530\" height=\"397\" \/><\/p>\n<h1><span style=\"color: #008000;\"><em>Mrs. BGG<\/em><\/span><\/h1>\n<p>______________________________________________________________<\/p>\n<table class=\"tableData\" width=\"100%\" border=\"0\" cellspacing=\"0\" cellpadding=\"3\">\n<tbody>\n<tr class=\"tableRowHead\">\n<td class=\"rateCell\">CURRENCY<\/td>\n<td class=\"rateCell\" align=\"center\">CODE<\/td>\n<td class=\"rateCell\" align=\"center\">SELL<\/td>\n<td align=\"center\">BUY<\/td>\n<\/tr>\n<tr class=\"rateTableRowLight\">\n<td class=\"rateCell\">US dollar<\/td>\n<td class=\"rateCell\" align=\"center\">USD<\/td>\n<td class=\"rateCell\" align=\"center\">1182.000<\/td>\n<td align=\"center\">1180.000<\/td>\n<\/tr>\n<tr class=\"rateTableRowDark\">\n<td class=\"rateCell\">Euro<\/td>\n<td class=\"rateCell\" align=\"center\">EUR<\/td>\n<td class=\"rateCell\" align=\"center\">1335.069<\/td>\n<td align=\"center\">1334.401<\/td>\n<\/tr>\n<tr class=\"rateTableRowLight\">\n<td class=\"rateCell\">British pound<\/td>\n<td class=\"rateCell\" align=\"center\">GBP<\/td>\n<td class=\"rateCell\" align=\"center\">1534.236<\/td>\n<td align=\"center\">1533.469<\/td>\n<\/tr>\n<tr class=\"rateTableRowDark\">\n<td class=\"rateCell\">Canadian dollar<\/td>\n<td class=\"rateCell\" align=\"center\">CAD<\/td>\n<td class=\"rateCell\" align=\"center\">918.986<\/td>\n<td align=\"center\">918.527<\/td>\n<\/tr>\n<tr class=\"rateTableRowLight\">\n<td class=\"rateCell\">Swiss franc<\/td>\n<td class=\"rateCell\" align=\"center\">CHF<\/td>\n<td class=\"rateCell\" align=\"center\">1228.946<\/td>\n<td align=\"center\">1228.331<\/td>\n<\/tr>\n<tr class=\"rateTableRowDark\">\n<td class=\"rateCell\">Swedish krona<\/td>\n<td class=\"rateCell\" align=\"center\">SEK<\/td>\n<td class=\"rateCell\" align=\"center\">140.232<\/td>\n<td align=\"center\">140.162<\/td>\n<\/tr>\n<tr class=\"rateTableRowLight\">\n<td class=\"rateCell\">Norwegian krone<\/td>\n<td class=\"rateCell\" align=\"center\">NOK<\/td>\n<td class=\"rateCell\" align=\"center\">144.958<\/td>\n<td align=\"center\">144.885<\/td>\n<\/tr>\n<tr class=\"rateTableRowDark\">\n<td class=\"rateCell\">Danish krone<\/td>\n<td class=\"rateCell\" align=\"center\">DKK<\/td>\n<td class=\"rateCell\" align=\"center\">179.453<\/td>\n<td align=\"center\">179.363<\/td>\n<\/tr>\n<tr class=\"rateTableRowLight\">\n<td class=\"rateCell\">Japanese yen<\/td>\n<td class=\"rateCell\" align=\"center\">JPY<\/td>\n<td class=\"rateCell\" align=\"center\">11.787<\/td>\n<td align=\"center\">11.781<\/td>\n<\/tr>\n<tr class=\"rateTableRowDark\">\n<td class=\"rateCell\">Special<br \/>\nDrawing Rights<\/td>\n<td class=\"rateCell\" align=\"center\">SDR<\/td>\n<td class=\"rateCell\" align=\"center\">1657.294<\/td>\n<td align=\"center\">1656.465<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><em><strong><a href=\"http:\/\/www.cbi.iq\/\" target=\"_blank\">http:\/\/www.cbi.iq\/<\/a><\/strong><\/em><\/h2>\n<h2><strong>Indicative rates &#8211; 08.17.2016<\/strong><\/h2>\n<p>______________________________________________________________<\/p>\n<h1><span style=\"color: #008000;\"><em>The truth is cruel, but it can be loved, and it makes free those who have loved it. &#8211; George Santayana<\/em><\/span><\/h1>\n<p>______________________________________________________________<\/p>\n<h1><strong>*** Current News ***<\/strong><\/h1>\n<p>______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">mike (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0Article quote:\u00a0 &#8220;&#8230;<em>the lack of confidence of citizens in banks behind it are many reasons, such as lack the Iraqi government keeping its commitments to the private sector<\/em>&#8230;&#8221; \u00a0<strong>\u00a0Literally, for years, we&#8217;ve read about the banks not being up to snuff, corruption and the governments lack of support for the open market economy.\u00a0<span style=\"text-decoration: underline;\">Statistically speaking, they can&#8217;t maintain this kind of failure and ineffectiveness forever, can they?\u00a0<\/span><\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Kaperoni (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0Article:\u00a0 &#8220;<em>Keywords acknowledges the absence of fiscal policy and accuses the institutions working for political interests Baaaguetha<\/em>&#8221;\u00a0\u00a0\u00a0Don&#8217;t confuse &#8220;<em>fiscal policy<\/em>&#8221; with &#8220;<em>monetary policy<\/em>&#8221;\u00a0\u00a0<strong>Fiscal policy is the means by which a government adjusts its spending levels and tax rates to monitor and influence a nation&#8217;s economy. It is the sister strategy to monetary policy through which a central bank influences a nation&#8217;s money supply.<\/strong><br \/>\n______________________________________________________________<\/p>\n<h2><span style=\"color: #800000;\"><strong>Jubouri eager to proceed with plans to speed up reform and enactment of important laws<\/strong><\/span><\/h2>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\" aligncenter\" alt=\"\" src=\"https:\/\/i0.wp.com\/www.alliraqnews.com\/uploads\/news\/image\/medium\/story_img_57b3280198664.jpg?w=640\" \/><br \/>\nThe head of the House of Representatives, Salim al keen House of Representatives to proceed with plans to speed up reform and enactment of important laws.<\/p>\n<p>A statement by the Information Office of the President of the Parliament received by all of Iraq [where] a copy of the &#8220;al-Jubouri, received in his office on Tuesday, the US congressional delegation headed by Democratic Senator Corey Booker and his accompanying delegation,&#8221; Mnohna as &#8220;During the meeting, research in developments in the political and security landscape on the local scene, as well as the regional situation and its implications, especially with regard to the war on terror dossier. &#8221;<\/p>\n<p>The statement noted that &#8220;the meeting, they discussed the displaced file and the conduct of the legislative work and the role of the House of Representatives to speed up the enactment of important laws.&#8221;&#8230;<\/p>\n<p><em style=\"text-align: center;\"><span style=\"font-style: normal;\"><em><strong><em><strong>Read More: <a href=\"http:\/\/dinarupdates.com\/blog\/\" target=\"_blank\" rel=\"nofollow\">http:\/\/dinarupdates.com\/blog\/<\/a><\/strong><\/em><\/strong><\/em><\/span><\/em><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Frank26 (Dinar Guru) &#8211; <\/span><\/strong>\u00a0\u00a0 Quote:\u00a0\u00a0 \u201d<em>T<span style=\"text-decoration: underline;\">he Duties of the WTO Task Force is to Reduce the Difference of the Value of the IQD to the USD\u00a0<\/span>and Activating Iraq\u2019s Private Sector<\/em>\u201d\u00a0\u00a0\u00a0<strong>\u00a0&#8230;<span style=\"text-decoration: underline;\">the WTO is telling you they have a task force in Iraq and we are doing our best to close the gap between the IQD and the USD<\/span>&#8230;<span style=\"text-decoration: underline;\">by raising the value<\/span><\/strong>&#8230;The WTO is now in position to welcome them&#8230;how will you know when Iraq is international&#8230;<strong><span style=\"text-decoration: underline;\">the moment the WTO tells you they have accepted them as member<\/span>s&#8230;the international status of Iraq is eager to introduce their currency&#8230;not at a program rate.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Breitling (Dinar Guru) &#8211;<\/span>\u00a0<\/strong>\u00a0They [People who feel there is trillions of dinar out there] look at the CBI and\u00a0<strong>they\u2019ll look at the reports coming in and it says in their reserve they have 53 Trillion dinar or 61 trillion\u2026at one time it was 81 trillion\u00a0<\/strong>and then it went down.\u00a0\u00a0<strong><span style=\"text-decoration: underline;\">People don\u2019t understand it\u2019s all the assets combined\u2026it\u2019s gold, it\u2019s oil, it\u2019s the reserve, it\u2019s not the country\u2019s note count.\u00a0<\/span><\/strong>\u00a0There are 2 reports that come out\u2026<strong><span style=\"text-decoration: underline;\">one report said they had 6 billion notes and how much dinar that represented\u2026I\u2019ve talked about this for years.\u00a0 Then the next report came out and it said it was down to 4 billion notes<\/span><\/strong>\u00a0but it never came out with how much that 4 billion represented.\u00a0<span style=\"text-decoration: underline;\"><strong>\u00a0People would get the countries note count mixed up with the countries overall value<\/strong><\/span>.\u00a0 [Part 2 of 2]<br \/>\n______________________________________________________________<\/p>\n<h2 style=\"text-align: center;\"><span style=\"color: #008000;\"><strong>Dinar Updates \u201cAfter Call &#8211; LIVE\u201d!!<\/strong><\/span><\/h2>\n<h1 style=\"text-align: center;\"><em><strong><span style=\"color: #0000ff;\">\u201cImmediately following News Time!!\u201d<\/span><br \/>\n<span style=\"color: #ff0000;\">from 8\/16 &#8220;After Call&#8221; &#8211;\u00a0w\/RCookie,<br \/>\nMr White\u00a0&amp; Hutch<\/span><\/strong><\/em><\/h1>\n<h2 style=\"text-align: center;\"><strong><a href=\"http:\/\/d.pr\/a\/12080\" target=\"_blank\" rel=\"nofollow\">Smart phone user link \u2013 Click here<\/a><\/strong><\/h2>\n<p>______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">rcookie (Dinar Guru) &#8211; <\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0 Article:\u00a0 &#8220;<em>Basra calling for the rehabilitation of border outlets being an important economic resource<\/em>&#8221;\u00a0\u00a0 &#8230;WHERE AT ONE TIME THE CUSTOMS TARIFFS INCREASES TO BE IMPOSED AT BORDER POINT WERE MAJOR OBSTACLE AND SOURCE OF CONTENTION IN THESE BORDER CROSSING AREAS&#8230;<strong>THE SUCCESS OF THE REVENUE STREAMS TO THE COUNTRY AND PROVINCIAL SHARE OF THE REVENUES HAVE THESE AREAS TRIPPING OVER THEMSELVES TO GET ENGAGED&#8230;WHAT A DIFFERENCE A YEAR MAKES.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Breitling (Dinar Guru) &#8211; <\/span>\u00a0\u00a0<\/strong>Article \u201c<em>Dozens demonstrate in front of the family bank in central Baghdad to demand their money&#8230;<\/em>\u201d\u00a0 People don\u2019t realize this but this has been going on at more than one bank.\u00a0\u00a0<strong><span style=\"text-decoration: underline;\">The thing is the banks are not releasing cash to the citizens.\u00a0 And that\u2019s strange since there are misunderstandings out there of how much dinar is out there<\/span>.<\/strong>\u00a0 With all that dinar out there [Said sarcastically].\u00a0 There\u2019s a shortage of getting citizens their money?\u00a0 That worthless dinar?\u00a0 How does that happen?\u00a0 Strange circumstances don\u2019t you think?\u00a0\u00a0<strong><span style=\"text-decoration: underline;\">With trillions and trillions of dinar out there\u2026and that\u2019s the accusation that\u2019s out there\u2026why would they have problems giving cash to people on the streets? [If there was trillions of dinar]<\/span><\/strong>\u00a0It doesn\u2019t exist.\u00a0 \u2026it\u2019s not a nation wide thing but it keeps happening over and over again.\u00a0 So again, my question is\u2026With all these trillions of dinars?\u00a0 \u2026<span style=\"text-decoration: underline;\"><strong>It\u2019s the note count and it\u2019s something that\u2019s not talked about\u2026<\/strong><\/span><strong>\u00a0 \u00a0<\/strong>[Part 1 of 2]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Mnt Goat (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0\u00a0By the time the new RV happens they want to have as much of the 3 zero notes already exchanged in Iraq as possible. The e-dinar implementation will also help too since I believe this is why they will use the e-dinar for months to pay people instead of hard currency. (from\u00a0Sept\u00a01st 2016 thru\u00a0Jan 1st 2017)&#8230; This will not put any more new currency\u00a0 back into circulation and thus limit the possibility of 3 zero notes later.<strong>\u00a0So they needed all this time to clean up the financial and banking system. Remember the IMF came into being a major player in the process in Oct 2015<\/strong>&#8230;\u00a0<strong>\u00a0This new 5.4 billion loan is bait&#8230;bating Iraq to go alone with the needed reforms. Also they do not want to give them this aid unless they can pay it back and the reforms are their assurance.\u00a0<\/strong>They are supposed to get another 2 billion of the loan by the end of the year<strong>.\u00a0<\/strong>\u00a0Do you now see just how close we are to the RV?\u00a0 We are approaching an RV window&#8230;<strong>The window is Sept 1st 2016 thru Jan 1st 2017&#8230;its coming&#8230;at least they will attempt it one more time.\u00a0<\/strong>\u00a0 [post 3 of 3]<br \/>\n______________________________________________________________<\/p>\n<h1><span style=\"color: #008000;\"><strong>Follow us on twitter @DinarUpdates !!<\/strong><\/span><\/h1>\n<h2><strong><a href=\"https:\/\/i0.wp.com\/www.dinarupdates.com\/blog\/wp-content\/uploads\/2014\/03\/images-11.jpg\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignleft\" title=\"images (1)\" alt=\"follow Dinar Updates on twitter\" src=\"https:\/\/i0.wp.com\/www.dinarupdates.com\/blog\/wp-content\/uploads\/2014\/03\/images-11.jpg?resize=133%2C130\" width=\"133\" height=\"130\" \/><\/a><span style=\"color: #ff0000;\">Don&#8217;t MISS &#8211; &#8220;DU NEWS TIME&#8221; w\/RCookie and Mr White in DU CHAT ROOM &#8211; Thursday 7:30pm EST<\/span><\/strong><\/h2>\n<h2><strong><a href=\"http:\/\/www.dinarupdates.com\/\" target=\"_blank\" rel=\"nofollow\">www.DinarUpdates.com<\/a> &#8211; save as favorite!<\/strong><\/h2>\n<p>______________________________________________________________<\/p>\n<p><span style=\"color: #000000;\"><strong><span style=\"color: #c23b3b;\">Mnt Goat\u00a0(Dinar Guru) &#8211;<\/span>\u00a0\u00a0<\/strong><\/span>For instance\u00a04 of the\u00a0$25,000k notes today is worth $100 dollars. Then they launch the lower denoms. The new $100 notes will be worth\u00a0$100 dollars. Easy one note instead of four notes. No value change yet. But when they go to the bank to dump (exchange) their cumbersome, extra large 3 zero notes it will be a\u00a01:1. They will turn in 4 of the $25,000 notes for one $100 new notes. Value stays exactly the same.\u00a0<strong>\u00a0So citizens in Iraq will have the\u00a0exact same purchasing power\u00a0only they won&#8217;t have to carry wads of these 3 zero notes of\u00a0to purchase. Note they did not say 1:1 with the USD they simply said 1:1 with the old currency to the new currency value.<\/strong>\u00a0<span style=\"text-decoration: underline;\">When do we make our millions then<\/span>?\u00a0\u00a0<strong>This is step #2: The process calls for bringing the dinar back to the true value pre-war years. This is the bonus for us, this is the RV.<\/strong>\u00a0But\u00a0this new rate will not have any effect on the Iraqi citizen&#8230;\u00a0\u00a0<strong>\u00a0&#8230;the exchange rate we keep hearing about of $3.22 &#8211; $4.20 is for the USA value in dollars&#8230;our $25,000 dinar notes get exchanged to dollars. So at an RV of $3.00 we would get $75,000 for our $25,000 note.\u00a0<\/strong>\u00a0[post 2 of 3&#8230;.stay tuned]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Mnt Goat (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0<strong>\u00a0Remember this RV is going to be a two stage process.\u00a0 \u200bFirst they must launch the lower denominations at a 1:1 and then later comes the RV with an increase in value.\u00a0The new value will coincide with the post war value plus equity.<\/strong>\u00a0 Article:\u00a0 &#8220;<em>Economists divided over deletion of zeros on Iraqi dinar<\/em>&#8221;\u00a0\u00a0<span style=\"color: #2a2a2a;\">This is an amazing article&#8230;\u00a0<\/span><span style=\"color: #2a2a2a;\">This article confirms that the RV is a two step process.\u00a0\u00a0<\/span><span style=\"color: #2a2a2a;\">The First step:\u00a0Quote: &#8220;<em>that the step to delete zeros is merely an administrative process, and the currency equation should remain the same. This means that the purchasing power of the new currency should be equal to that of the old currency. He added that the two currencies should both remain in the market for a period not exceeding three years, then the old currency should be gradually withdrawn<\/em>&#8220;.\u00a0\u00a0<\/span><span style=\"color: #2a2a2a;\"><strong>So how do they get the old currency to equal the new currency value from an RV we all keep hearing about?\u00a0<\/strong>\u00a0[post 1 of 3&#8230;.stay tuned]<\/span><br \/>\n______________________________________________________________<\/p>\n<h2><span style=\"color: #000080;\"><strong>Iraqi Dinar\/Dollar auction (most recent listing) 08-16-16<\/strong><\/span><\/h2>\n<p><strong>Currency Auctions Announcement No. 3260<\/strong><\/p>\n<p>This daily currency auction was held in the Central Bank of Iraq on the 08-16-2016<\/p>\n<p><strong>The results were as follows:<\/strong><\/p>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"4\" align=\"center\">\n<tbody>\n<tr>\n<td bgcolor=\"#6699cc\">DETAILS<\/td>\n<td bgcolor=\"#6699cc\">NOTES<\/td>\n<\/tr>\n<tr>\n<td>Number of banks<\/td>\n<td>31<\/td>\n<\/tr>\n<tr>\n<td>Number of remittance companies<\/td>\n<td>15<\/td>\n<\/tr>\n<tr>\n<td>Auction price selling dinar \/ US$<\/td>\n<td>1182<\/td>\n<\/tr>\n<tr>\n<td>Auction price buying dinar \/ US$<\/td>\n<td>&#8212;&#8211;<\/td>\n<\/tr>\n<tr>\n<td>Amount sold at auction price (US$)<\/td>\n<td>139,098,650<\/td>\n<\/tr>\n<tr>\n<td>Amount purchased at Auction price (US$)<\/td>\n<td>&#8212;&#8211;<\/td>\n<\/tr>\n<tr>\n<td>Total offers for buying (US$)<\/td>\n<td>139,098,650<\/td>\n<\/tr>\n<tr>\n<td>Total offers for selling (US$)<\/td>\n<td>&#8212;&#8211;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em style=\"text-align: center;\"><span style=\"font-style: normal;\"><em><strong><em><strong>More: <a href=\"http:\/\/dinarupdates.com\/blog\/\" target=\"_blank\" rel=\"nofollow\">http:\/\/dinarupdates.com\/blog\/<\/a><\/strong><\/em><\/strong><\/em><\/span><\/em><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">BGG (Dinar Guru) &#8211;<\/span><\/strong>\u00a0 \u00a0\u00a0[&#8230;<em>2017 BUDGET WILL BE $82 BILLION AND BASED ON $40 PER BARREL<\/em>&#8230;]\u00a0 I haven&#8217;t looked at any recent budget numbers &#8211; but doesn&#8217;t that leave them pretty short still?\u00a0<strong>\u00a0On the other hand, if oil spikes &#8211; which it always does &#8211; they will be in really good shape&#8230;in fact, REALLY good shape.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">mike (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0\u00a0<strong>To me, \u00a0fisal policy = legislation. I don&#8217;t think you&#8217;ll find concrete evidence that he&#8217;s wrong, just the absence of the legislation that&#8217;s necessary for economic\/monetary reform.<\/strong>\u00a0I think we&#8217;re hearing a lot of discussion from the economists, IMF and even the CBI,\u00a0<span style=\"text-decoration: underline;\">but precious little from the government itself.<\/span>\u00a0<strong>I think they&#8217;re begrudgingly following the guidelines the IMF set up so they can have access to the loans, but I would agree with Keywords, they don&#8217;t have a long term plan.<\/strong>\u00a0\u00a0Hopefully I&#8217;m way off base and 2017 is the year&#8230;\u00a0\u00a0 [post\u00a02 of 2]<br \/>\n______________________________________________________________<\/p>\n<h2><a href=\"https:\/\/i0.wp.com\/www.dinarupdates.com\/blog\/wp-content\/uploads\/2016\/01\/cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA.jpg\" target=\"_blank\" data-cke-saved-href=\"http:\/\/www.dinarupdates.com\/blog\/wp-content\/uploads\/2016\/01\/cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA.jpg\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" alt=\"!cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA\" src=\"https:\/\/i0.wp.com\/www.dinarupdates.com\/blog\/wp-content\/uploads\/2016\/01\/cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA.jpg?resize=611%2C128\" width=\"611\" height=\"128\" data-cke-saved-src=\"http:\/\/www.dinarupdates.com\/blog\/wp-content\/uploads\/2016\/01\/cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA.jpg\" \/><\/a><\/h2>\n<h2><span style=\"color: #0000ff;\">Be sure to join the New Dinar Updates \u201cprivate\u201d FaceBook Group\u2026<\/span><\/h2>\n<p><em><strong><a href=\"https:\/\/www.facebook.com\/groups\/571383766355188\/\" target=\"_blank\" data-cke-saved-href=\"https:\/\/www.facebook.com\/groups\/571383766355188\/\">https:\/\/www.facebook.com\/groups\/571383766355188\/<\/a><\/strong><\/em><\/p>\n<p><em><strong>(go here and ask to join\u2026 then add some Dinar Friends!!)<\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">mike (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0 Article:\u00a0 &#8220;<em>Keywords acknowledges the absence of fiscal policy and accuses the institutions working for political interests Baaaguetha<\/em>&#8221;\u00a0\u00a0I&#8217;m puzzled as to why Keyword&#8217;s would put these kinds of statements out today when there&#8217;s supposed to be a plan to move this country forward economically and monetarily.\u00a0<strong>\u00a0We keep hearing about a plan and yet Keywords is telling us there isn&#8217;t one. I guess time will tell, they told us Iraq would be part of the worlds economy\u00a0<span style=\"text-decoration: underline;\">by mid 2016 and now they&#8217;ve moved it to 2017, here&#8217;s hoping that is still the plan<\/span>. \u00a0\u00a0<\/strong>\u00a0[post 1 of 2&#8230;.stay tuned]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">wmawhite (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0\u00a0<\/span>&#8230;the &#8220;delete the zero project&#8221;&#8230;does not mean that a 1,000 IQD note becomes a 1 IQD note.\u00a0\u00a0<strong>The delete the zero project is the gradual removal of the larger notes from the market place&#8230;and that happens by the increase in value of the IQD which will reduce the prices in the market place, thus making the smaller notes usable.<\/strong>\u00a0<strong>The fewer notes in circulation means a greater value of the currency.\u00a0<\/strong>\u00a0&#8230;the CBI has told everyone of us exactly what they are doing&#8230;We have the facts.<br \/>\n______________________________________________________________<\/p>\n<h2 style=\"text-align: center;\"><span style=\"color: #800000;\"><strong>Iraqi government is unanimously unclear<\/strong><\/span><\/h2>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\" aligncenter\" alt=\"_87659_iraq3\" src=\"https:\/\/i0.wp.com\/rawabetcenter.com\/wp-content\/uploads\/2016\/08\/87659_iraq3.jpg?resize=608%2C434\" width=\"608\" height=\"434\" \/><br \/>\nIraqi Prime Minister Haider al-Abadi succeeded Monday in getting parliamentary approval for five of the names proposed to occupy ministerial positions in which The new government, which was promised months ago that consists of competencies away from quotas partisan reform that raise high the roof frame, but failed to implement any of its requirements, while large sphincter collided with the political blocs to maintain their share of ministerial and administrative positions.<\/p>\n<p>In return for this little amount of &#8220;success&#8221; Ebadi received a painful blow parliamentary vote against conviction answers and Defense Minister Khaled al-Obeidi during his interrogation before the Council meeting earlier this month, paving the way for the withdrawal of confidence from him and his dismissal in a sensitive period of preparing the prime minister in which to achieve the completion of the war on organizing Daesh complete expulsion of the largest stronghold of him in Iraq; the city of Mosul.<\/p>\n<p>The President of the House of Representatives Saleem al-Jubouri, Monday, insert the withdrawal of confidence from the Minister of Defence at a hearing next Tuesday&#8230;<\/p>\n<p><em><strong>Read More: <a href=\"http:\/\/www.dinarupdates.com\/blog\/\" target=\"_blank\">http:\/\/www.dinarupdates.com\/blog\/<\/a><\/strong><\/em><\/p>\n<p>______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">rcookie (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0 Urgent: judiciary issued an arrest warrant on the security and defense ministry officer and secretary general of military intelligence and the son of Khaled al-Obeidi&#8230;!\u00a0 Quote:\u00a0&#8220;<em>An informed source said on Sunday that the judiciary issued arrest warrants against memorandums of people at the Ministry of Defense based on the confessions of the accused, who directed the minister to the media in accordance with Article 243.<\/em>&#8221;\u00a0<strong>\u00a0WOW!\u00a0 OBEIDI&#8217;S SON AND DEFENSE MINISTRY OFFICIALS ARRESTED&#8230;<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">SteveI (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0\u00a0<\/span>\u00a0Article:\u00a0 &#8220;<em>Iraq is heading toward financial stability<\/em>&#8221;\u00a0\u00a0 Quote:\u00a0 &#8220;<em>Najib confirmed that \u00ablaid plans by the government economic initiatives, very good and entered the implementation phase, there are small, medium and large size of more than six trillion projects Iraqi dinars, which will generate revenues and stimulate the economy in the near future \u00bband showed the MP that the economic crisis in the country needs time to end it because of Iraq is unable to diversify its economy and sources of the budget, especially as the security situation in the implementation of economic plans and expansion by the advent of international companies to invest in Iraq<\/em>.&#8221;\u00a0 I really like this paragraph&#8230;<strong>Just think of the potential of the outside investors and when the current value of their currency increases, the power of these economic initiatives will have on the global economy.<\/strong>\u00a0I am very impressed and very pleased to be reading this type of news.<br \/>\n______________________________________________________________<\/p>\n<p><em><strong>DU NEWS RECAP by RCookie<\/strong><\/em><\/p>\n<p><em><strong>WEDNESDAY AUGUST 10TH, 2016<\/strong><\/em><\/p>\n<p><strong>GENERAL<\/strong><\/p>\n<p>GOLD AT 219,00 IQD TO THE WEIGHT\u2026AUCTIONS AT $150 MILLION\u2026ZEBARI PRESIDES OVER ECONOMIC AFFAIRS COMMITTEE ALONG WITH CBI GOVERNOR &amp; CHAIR OF INVESTMENT AUTHORITY &amp; INDUSTRY MINISTRY MEETING TO DISCUSS WINTER STRATEGY FOR BAGHDAD SERVICES PROJECTS WATER, SEWERAGE AS WELL AS PRIVATE SECTOR MEDICINE AND INDUSTRY\u2026ABDUL BARI ZEBARI ELECTED TO PARLIAMENT FOREIGN RELATIONS COMMITTEE CHAIRMAN\u2026JAFAARI ANNOUNCES ESTABLISHMENT OF FOREIGN CONSULS IN BASRA PROVINCE INCLUDING US, RUSSIA, KUWAIT, IRAN AND EGYPT FOR ECONOMIC &amp; POLITICAL FACILITATION\u2026NORWAY ANNOUNCES TOTAL RECONSTRUCTION SUPPORT TO IRAQ $10.6 MILLION FOR 2016\u2026<\/p>\n<p><em><strong>Read More: <a href=\"http:\/\/www.dinarupdates.com\/blog\/\" target=\"_blank\">http:\/\/www.dinarupdates.com\/blog\/<\/a><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">tlm724 (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0 Article:\u00a0 &#8220;<strong><em>The Iraqi government signed on Thursday a memorandum of understanding with the\u00a0<span style=\"text-decoration: underline;\">United Nations requires the involvement of international investigators in the files, &#8220;grand corruption<\/span><\/em><\/strong><span style=\"text-decoration: underline;\">&#8220;<\/span>\u00a0 For months, Iraqis organize demonstrations in the capital Baghdad and the southern provinces, demanding the formation of a government of technocrats, and an end to political wrangling in Parliament, and to provide the corrupt to justice&#8230;\u00a0<strong>hopefully this will help calm the people a lil.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">SteveI (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0 There is just too much going on in the back ground to support this happening that I am extremely encouraged.\u00a0<strong>There are a few things going on within the ISX that if our team can really confirm, then that alone would put the icing on the cake for me.\u00a0I believe that once Mosul is under control we are going to see some very happy days.<\/strong><br \/>\n______________________________________________________________<\/p>\n<h2 style=\"text-align: left;\">If you found this blog, our website or chats helpful \u2013 Forward it to a friend!! 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