{"id":14785,"date":"2017-11-29T08:36:32","date_gmt":"2017-11-29T14:36:32","guid":{"rendered":"http:\/\/www.dinarupdates.com\/observer\/?p=14785"},"modified":"2017-11-29T08:36:32","modified_gmt":"2017-11-29T14:36:32","slug":"dinar-observer-daily-november-29th-2","status":"publish","type":"post","link":"https:\/\/dinarupdates.com\/observer\/?p=14785","title":{"rendered":"DINAR OBSERVER DAILY November 29th"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/1001iraqithoughts.com\/wp-content\/uploads\/2017\/11\/Iraqs-Counter-Insurgency-2-1280x640.jpg?resize=518%2C259\" width=\"518\" height=\"259\" \/><\/p>\n<h1><strong><span style=\"color: #800000;\">IRAQI SECURITY FORCES PIVOT FROM OFFENSIVE WARFARE TO COUNTER INSURGENCY<\/span><\/strong><\/h1>\n<p>On November 17th, 2017, the Iraqi Army\u2019s 7th and 8th Divisions crossed the Euphrates at 7:30 a.m. local time and stormed the town of Rawa in Western Anbar. The fighting would last roughly five hours and the liberation of the town would represent the erasure of the so-called Caliphate due to Rawa being the last urban stronghold under the control of ISIS since 2014.<\/p>\n<p>Freeing Rawa meant that the so-called Islamic State had been defeated militarily in Iraq. With the bulk of the terrorist forces pulling back northwards towards Badia Ba\u2019aj, a steppe that is roughly 22,000 km2 in size and stretches from just south of the town of Ba\u2019aj in Ninawa province to parts of the Euphrates river in Western Anbar, it had become necessary to launch a follow-up operation to destroy the terrorists\u2019 hideouts deep in the desert.<\/p>\n<p><em><strong>Read more:\u00a0 \u00a0<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.dinarupdates.com\/blog\/\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.dinarupdates.com\/blog\/<\/a><\/span><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<h1><span style=\"color: #000000;\"><strong>Follow us on twitter @DinarUpdates !!<\/strong><\/span><\/h1>\n<h2 style=\"text-align: left;\"><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)\" src=\"https:\/\/i0.wp.com\/www.dinarupdates.com\/blog\/wp-content\/uploads\/2014\/03\/images-11.jpg?resize=133%2C130\" alt=\"follow Dinar Updates on twitter\" width=\"133\" height=\"130\" \/><\/a><span style=\"color: #ff0000;\">Dinar Updates \u00a0&#8211; \u00a0Q &amp; A Call \u00a0&#8211;\u00a0 with BGG from Nov 8th &#8211;\u00a0 8:00 pm Conference Call Phone # 641-715-3639 pin #528733<\/span><\/strong><\/h2>\n<h2 style=\"text-align: center;\"><em><strong><a href=\"https:\/\/d.pr\/zNBz1j\">11\/08 &#8211; Recorded Call Replay Link<\/a><\/strong><\/em><\/h2>\n<p>______________________________________________________________<br \/>\n<img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/economy-news.net\/vrsfls\/cntnt\/pctr\/3924.jpg?resize=432%2C522\" width=\"432\" height=\"522\" \/><\/p>\n<h1><span style=\"color: #800000;\"><strong>Nusseiri confirms the success of the policies of the Central Bank in the development of the banking sector sector in 2017<\/strong><\/span><\/h1>\n<p>The economic and banking advisor of the Association of Iraqi Private Banks Samir al-Nusairi said on Tuesday that the policies and procedures adopted by the Iraqi Central Bank and implemented by the Iraqi private banks, most notably the classification and evaluation of banks in accordance with their commitment and implementation of international standards in the rules and regulations of compliance and international accounting and combating money laundering and terrorism financing and management of credit risks and operational risks.<\/p>\n<p>Liquidity and market and achieve the objectives of monetary policy in maintaining exchange rates and reduce inflation and stimulate economic growth and the construction of a solid banking sector is a clear and specific work program targets Boards of directors of banks and executive departments, has proved successful at the level of re-confidence in the banking sector and financial internationally and locally.<\/p>\n<p><em><strong>Read more:\u00a0\u00a0<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.dinarupdates.com\/blog\/\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.dinarupdates.com\/blog\/<\/a><\/span><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Breitling\u00a0(Dinar Guru) &#8211;<\/span><\/strong>\u00a0<strong>There\u2019s never been an\u00a0<em>\u201cIn country revaluation<\/em>\u201d. \u00a0<\/strong>That\u2019s the most retarded thing I\u2019ve ever heard in my life. \u00a0<strong><u>You can\u2019t have a currency where it\u2019s one price in one country and another price in another country. \u00a0And all the rest of the world is a different price. \u00a0How does that work?<\/u><\/strong>\u00a0\u00a0If that\u2019s true then I\u2019ll just take my dinar and go to Iraq and exchange my currency. \u00a0If i\u2019m going to exchange for millions and millions of dollars that\u2019s not going to be a threat to me is it? \u00a0So that\u2019s stupid and doesn\u2019t make any sense.<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Breitling\u00a0(Dinar Guru) &#8211;<\/span>\u00a0<\/strong>The Iraqi Dinar value doesn\u2019t get lowered for no reason at all.\u00a0<strong>There is very smart math and policies behind it.\u00a0<\/strong>\u00a0<u><strong>That\u2019s why I support this investment so much.\u00a0<\/strong><\/u>\u00a0<strong><u>There is math and policy and very good reasons why the value is going to go up<\/u><\/strong>\u2026So it\u2019s a very very cool thing\u2026<u><strong>Iraq is primed to revalue their currency<\/strong><\/u><strong>.\u00a0<\/strong>\u00a0<strong>Their back is against the wall. \u00a0I don\u2019t want to say it\u2019s a desperate thing<\/strong><u>,<\/u>\u00a0<u>they want to revalue their currency. \u00a0<\/u><strong><br \/>\n<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">MilitiaMan (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0 Article:\u00a0 &#8220;<em>Rafidain calls on ministries and departments of the state to settle their salaries electronically<\/em>&#8221;\u00a0\u00a0\u00a0<strong>The article is reinforcing internationalism.<\/strong>\u00a0Just like opening the ITB in the UAE and apparently one in Saudi Arabia. \u00a0Not to mention the laundry list of completed items set out in the Iraq Marshal Plan. \u00a0No need to go over all that now&#8230;\u00a0<u>But, please note that the UNSC released the oil for food escrow back in June 2017, the last time the executive order 13303 was updated was in May 22, 2017 that to the best of my knowledge was not signed yet or again since and it needs to be within a 90 day period, and then we see the IMF has stated Mission Accomplished in Iraq<\/u>&#8230;<strong>This all leads us to where we are and that is watching for the cbi to change their website to reflect their accomplishments either before at or just after the recognition of what has been done, is told to the world in a past tense manner<\/strong>&#8230; imo.<br \/>\n______________________________________________________________<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i1.wp.com\/en.economiciraq.com\/wp-content\/uploads\/2017\/11\/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D8%B5%D9%86%D8%A7%D8%B9%D8%A9-1.jpg?fit=700%2C400\" width=\"579\" height=\"330\" \/><\/p>\n<h1><span style=\"color: #800000;\"><strong>Special efforts to develop production and attract investment companies<\/strong><\/span><\/h1>\n<p>The adviser to the Ministry of Industry and Minerals described the industrial sector as the true supporter of the national economy and the creation of employment opportunities and the absorption of unemployment, expressing regret for the spending of about 321 billion dollars for the period between 2006 and 2014, which was diverted abroad in the import programs not considered, noting at the same time that support the national industry to stop this waste .<\/p>\n<p>He added. &#8220;The support of the national product is the effective solution to many of the problems faced by the country from the shortage of foreign currency due to the decline in oil prices over the past three years, as well as support for the economy of the country, let alone solve the social problems resulting from The lack of job opportunities among the graduates is the largest sector in terms of its ability to absorb unemployment and labor force, as is known Globally &#8220;.<\/p>\n<p><em><strong>Read more:\u00a0 \u00a0<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.dinarupdates.com\/blog\/\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.dinarupdates.com\/blog\/<\/a><\/span><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Enorrste (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0 Article:\u00a0 &#8220;<em>Delete the zeros priority<\/em>&#8221;\u00a0\u00a0 This article confirms what we have seen&#8230;primarily from KAP [Guru Kaperoni], over the years:\u00a0<u><strong>\u00a0gradual rise in the value of the dinar as the money supply is reduced, with a goal of reaching parity with the dollar (1 dinar = $1)<\/strong><\/u>.\u00a0\u00a0<strong>Furthermore, this economist says that the timing is finally right, with the security issue now having been essentially resolved<\/strong>.\u00a0 Finally, he states clearly at the beginning of the article that the time for discussion has gone on long enough (years) and that<u><strong>\u00a0it is now time for the CBI to act<\/strong><\/u>.\u00a0 All in all this is a great article.\u00a0 We now just have to learn whether the author has the ear of the CBI, is parroting the CBI&#8217;s stated goals, or is just expressing his own opinion, as has been the case for so many years now.<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">\u00a0Dr. Clarke (Dinar Guru) &#8211;<\/span>\u00a0<\/strong>\u00a0 To all those who are Weary, Frustrated, Tired, Angry, DOUBTFUL &amp; Critical &#8211; HAPPY HOLIDAYS &amp; HAPPY NEW YEAR!\u00a0\u00a0<strong>January 1, 2018 marks the Very Beginning, of a Brand New Year, like NO OTHER, in the past history of Iraq, that you know of&#8230;as well as, some other countries. NEVER BEFORE.\u00a0 The Very End of December 2017 will END, like NO OTHER, in the Past History of Iraq, that you\u2019ve EVER seen previously.<\/strong>\u00a0 MAKE NO MISTAKE.\u00a0 We could just as well have faded away a long time ago, and never posted another word for Anyone. Poof! Gone, no problem, for there\u2019s really no Logical Reason, we\u2019re even here&#8230;and we still could. No Problem.\u00a0 [post 1 of 2&#8230;.stay tuned]<br \/>\n______________________________________________________________<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.alsabaah.iq\/uploads\/Image\/site%20picture\/2017\/nov\/4109\/90.jpg?resize=573%2C444\" width=\"573\" height=\"444\" \/><\/p>\n<h1><span style=\"color: #800000;\"><strong>Iraq and the IMF are making progress on credit standing<\/strong><\/span><\/h1>\n<p>The Iraqi delegation and IMF experts in Amman recently discussed the third review of the 36-month credit agreement with Iraq.<\/p>\n<p>&#8220;The Iraqi delegation and the IMF team of experts have held extensive discussions on the third review of the credit standoff agreement and these discussions have made good progress towards reaching agreement on the 2018 budget bill in line with the credit standoff agreement,&#8221; said Christian Goose, head of the IMF mission to Iraq.<\/p>\n<p>During the discussions, the mission team met with Dr. Ali Mohsen Ismail Alaq, acting Governor of the Central Bank of Iraq, Dr. Maher Johan, Undersecretary of the Ministry of Finance, Dr. Qassem Attiyah, Deputy Minister of Planning, Dr. Mazhar Saleh, Financial Advisor to the Prime Minister, The Central Bank of Iraq and the Ministry of Oil.<\/p>\n<p><em><strong>Read more:\u00a0 h<a href=\"http:\/\/www.dinarupdates.com\/blog\/\" target=\"_blank\" rel=\"noopener noreferrer\">ttp:\/\/www.dinarupdates.com\/blog\/<\/a><\/strong><\/em><\/p>\n<p>______________________________________________________________<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"http:\/\/upload.wikimedia.org\/wikipedia\/en\/e\/e4\/Ministry_of_Finance_logo_%28Iraq%29.jpg\" width=\"323\" height=\"269\" \/><\/p>\n<h1><strong><span style=\"color: #800000;\">Iraq signs the first phase of the German loan of 500 million euros<\/span><\/strong><\/h1>\n<p>The Ministry of Finance signed Thursday with the German Development Bank the first phase of the German loan of 500 million euros for the Ministry of Electricity.<\/p>\n<p>&#8220;The first phase of the total loan of 500 million euros was signed today with the German Development Bank, which was signed in March,&#8221; Finance Ministry Undersecretary Maher Johan said on the sidelines of the signing of the contract.<\/p>\n<p>Johan added that &#8220;the first phase of the loan will be 45 million euros and will be allocated to the Ministry of Electricity to finance the electrical stations completed in Mosul, in addition to the signing with another German consultant to manage these projects.&#8221;<\/p>\n<p>In November 2016, the Ministry of Planning announced the inclusion of the German loan of 500 million euros under the Financial Budget Act 2017, referring to the agreement with a German delegation to form a joint team of advisers to study the list of projects financed by the loan.<\/p>\n<p><em><strong>Read more:\u00a0<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.dinarupdates.com\/blog\/\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.dinarupdates.com\/blog\/<\/a><\/span><\/strong><\/em><br \/>\n______________________________________________________<\/p>\n<p><span style=\"font-size: medium;\"><strong><span style=\"color: #c23b3b;\">Aggiedad77 (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0<\/span>Article:\u00a0 &#8220;<em>Central banks contribute to economic balance<\/em>&#8221;\u00a0 Quotes:\u00a0\u00a0 &#8220;<em><strong><u>government with the involvement of the central bank in determining the exchange rate policy\u00a0<\/u><\/strong>will lead to the occurrence of the difference or contradiction between the purposes of the exchange rate, and between the other monetary purposes , which both the bank and the government seeks to achieve<\/em>.&#8221;\u00a0\u00a0 &#8220;<strong><u><em>an attempt to link the independence of the central bank and exchange rate policy found a place in economic studies, especially in light of the free exchange arrangements or floating<\/em>.<\/u><\/strong>..&#8221;\u00a0\u00a0\u00a0<span style=\"font-size: medium;\">\u00a0WOW..<strong>.the &#8220;attempt to link&#8221; is alluring&#8230;but what really caught my eye is the last part of that statement&#8230;&#8221;in light of the free exchange arrangements or floating&#8221;&#8230;that to me speaks VOLUMES&#8230;all IMO&#8230;oh is it Saturday yet&#8230;the BEST is coming<\/strong><\/span><strong>.\u00a0<\/strong><\/p>\n<p>______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Apmcrx\u00a0 (Dinar Guru) &#8211;<\/span><\/strong>\u00a0 &#8220;<em>Summary of the Annual Meetings Report of the International Monetary Fund and the Talks of the Credit Union (Third Round) and the visit of the Governor of the Central Bank to the UN Security Council<\/em>&#8221;\u00a0\u00a0 Quote:\u00a0 &#8220;<em>De La Rue\u2019s two main rivals, Munich-based Giesecke &amp; Devrient (G&amp;D), and Oberthur Fiduciaire, a French firm, date back to the mid-19th century<\/em>.&#8221; \u00a0\u00a0<strong>\u00a0IMO is really interesting that CBI mentions the banknote printers De La Rue and Oberthure&#8230;<\/strong><br \/>\n______________________________________________________________<\/p>\n<h1><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.iraq-businessnews.com\/wp-content\/uploads\/2017\/03\/Central-Bank-of-Iraq-1.png?resize=572%2C318\" width=\"572\" height=\"318\" \/><\/h1>\n<h1><span style=\"color: #800000;\"><strong>Central: Bank deposits lost a trillion dinars in 2016<\/strong><\/span><\/h1>\n<p><strong>Baghdad \/ Range\u00a0<\/strong>A report issued by the Central Bank, released on Monday, the decline of bank deposits by about one trillion dinars in 2016 compared to 2015<\/p>\n<p>&#8220;Financial deposits for 2016, according to the Herald-Hirschman Index, decreased to 62.4 trillion dinars, compared to 63.3 trillion dinars in 2015, and the decline in the volume of bank assets from 222.8 trillion dinars to 221.2 trillion dinars. &#8221;<\/p>\n<p>The report pointed out that &#8220;most of the assets concentrated in the Rafidain Bank, which means that there is a monopoly by him will reflect negatively on Rafidain Bank and the banking system in general.&#8221; The central bank report that &#8220;most of the government deposits concentrated in the Rafidain Bank by 2392 points out of 3050 points, as is the case for assets,&#8221; noting that &#8220;the rise of banks&#8217; capital to 11.7 trillion dinars in 2016, after it was 10.1 trillion dinars in 2015 as a result The establishment of 8 new private banks, including 7 Islamic banks and one foreign commercial bank.<\/p>\n<p><em><strong>Read more:\u00a0\u00a0<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.dinarupdates.com\/blog\/\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.dinarupdates.com\/blog\/<\/a><\/span><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">\u00a0Kaperoni (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0 There are several articles going back a year or two that clearly state that the WTO wants to see dependence on oil drop to about 80% or so before it is viable for accession.\u00a0<strong>\u00a0So in other words, Iraq needs to get the private sector started and creating some exports before they will get into the WTO.\u00a0 That being said, we know the requirements so it motivates the CBI to get currency reform done.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Chattels\u00a0(Dinar Guru) &#8211;<\/span>\u00a0<\/strong>\u00a0[<em>do you really feel this is going to happen&#8230;<\/em>?] \u00a0<strong>I believe that there will be an increase in value which will inure to our benefit, but when or how long is the problem<\/strong>.\u00a0\u00a0\u00a0I try not to anticipate a date so much and view it as a long shot in my lifetime. Treat it as &#8220;found&#8221; or &#8220;futuremoney&#8221; if you will.\u00a0\u00a0\u00a0I would be very upset if I got out now and it happened, so&#8230;I watch, wait and hope.<\/p>\n<p>______________________________________________________________<\/p>\n<h1><a href=\"https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/09\/ShowImage.jpg?ssl=1\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"14491\" data-permalink=\"https:\/\/dinarupdates.com\/observer\/?attachment_id=14491\" data-orig-file=\"https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/09\/ShowImage.jpg?fit=758%2C530&amp;ssl=1\" data-orig-size=\"758,530\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"ShowImage\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/09\/ShowImage.jpg?fit=640%2C447&amp;ssl=1\" class=\" wp-image-14491 aligncenter\" src=\"https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/09\/ShowImage.jpg?resize=594%2C415&#038;ssl=1\" alt=\"\" width=\"594\" height=\"415\" srcset=\"https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/09\/ShowImage.jpg?w=758&amp;ssl=1 758w, https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/09\/ShowImage.jpg?resize=300%2C210&amp;ssl=1 300w\" sizes=\"auto, (max-width: 594px) 100vw, 594px\" \/><\/a><\/h1>\n<h1><span style=\"color: #800000;\"><strong>The Final Victory over &#8220;Iraq&#8221; reinforces\u00a0Iraq&#8217;s International Standing<\/strong><\/span><\/h1>\n<p>After the great historic victory achieved by our armed forces on Friday, the liberation of the district of Rawa, the last of the terrorist group &#8220;Al-Dahesh&#8221; terrorist, and the declaration of Iraq as a military editor of the &#8220;da&#8217;ash&#8221; terrorist; MPs counted that the strategic importance of these victories lies in the achievement of important objectives, Iraq has enjoyed great respect and prestige in the international community and the Iraqi neighborhood as a country that has been able to defeat the &#8220;calling&#8221; and therefore there will be a great openness to Iraq internationally, which will provide great opportunities for investment in the country by the international community,Om expelled &#8220;Daesh&#8221; full Iraqi soil and edit an official holiday and a national holiday celebrated each year.<\/p>\n<p><em><strong>Read more:\u00a0\u00a0<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.dinarupdates.com\/blog\/\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.dinarupdates.com\/blog\/<\/a><\/span><\/strong><\/em><\/p>\n<p>______________________________________________________________<\/p>\n<h1 class=\"entry-title\"><a href=\"https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/11\/2106-1.jpg?ssl=1\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"14717\" data-permalink=\"https:\/\/dinarupdates.com\/observer\/?attachment_id=14717\" data-orig-file=\"https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/11\/2106-1.jpg?fit=629%2C354&amp;ssl=1\" data-orig-size=\"629,354\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"2106\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/11\/2106-1.jpg?fit=629%2C354&amp;ssl=1\" class=\" wp-image-14717 aligncenter\" src=\"https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/11\/2106-1.jpg?resize=615%2C346&#038;ssl=1\" alt=\"\" width=\"615\" height=\"346\" srcset=\"https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/11\/2106-1.jpg?w=629&amp;ssl=1 629w, https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/11\/2106-1.jpg?resize=300%2C169&amp;ssl=1 300w\" sizes=\"auto, (max-width: 615px) 100vw, 615px\" \/><\/a><\/h1>\n<h1><span style=\"color: #800000;\"><strong>Cooperation with the Iraqi government achieves economic stability<\/strong><\/span><\/h1>\n<p>The World Banking Conference for Development and Investment recommended by<br \/>\n<strong>Baghdad \/ Sabah.<\/strong><\/p>\n<p>The World Banking Conference for Development and Investment in the Cypriot capital of Nicosia discussed means of cooperation and coordination between central banks to control the movement of funds and make them on the real investment path that contributes to the sustainable development of all economies.<\/p>\n<p>Conference recently concluded in the Cypriot capital , Nicosia, and participated in its activities of the Central Bank of Iraq and organized by the Iraqi &#8211; British Chamber of Commerce in cooperation with the Central Bank of Cyprus, saw the participation of local and international quality in order to activate international cooperation with Iraq , which has become the focus of effort the world advanced after turning the page of terrorism &#8220;Daash&#8221; and the direction of the economic field.<\/p>\n<p><em><strong>Read more:\u00a0<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.dinarupdates.com\/blog\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.dinarupdates.com\/blog<\/a><\/span><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<h1 class=\"entry-title\"><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.shafaaq.com\/resources\/files\/ARABIC\/security\/iraqi_army.jpg?w=640\" \/><\/h1>\n<h1><span style=\"color: #800000;\"><strong>URGENT SECURITY: Iraqi Forces liberate Rawa District<\/strong><\/span><\/h1>\n<p>[Asharq Al-Awsat] Iraqi forces have been able to liberate the district of Rawa, the last stronghold of the Al-Qaeda organization in the country.<\/p>\n<p>The commander of the operations of the clearance of the Upper Euphrates and Al Jazeera special forces team corner Abdul Amir Rashid Yaarallah, in a statement, &#8220;pieces of the leadership of the operations of the island and the tribal crowd liberate the entire district of Rawa and raise the Iraqi flag over the buildings.&#8221;<\/p>\n<p>The dawn of the day began the process of restoring the judiciary from a daunting, with the participation of the pieces of the leadership of the operations of the island and the tribal crowd.<\/p>\n<p><em><strong>Read more:\u00a0 \u00a0<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.dinarupdates.com\/blog\/\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.dinarupdates.com\/blog\/<\/a><\/span><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Kaperoni (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0 WTO may be several years away because they have little to export,<strong>\u00a0<u>but that has little to do with when the CBI acts on monetary reform<\/u><\/strong>.\u00a0 In fact, it is critical to the success of investment in Iraq.\u00a0 I am hopeful we will read something soon about early 2018.\u00a0 (fingers crossed)\u00a0 [reference Kaperoni post 11-18-2017]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Don961 (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0 Article quote:\u00a0 &#8220;<em><strong>An Iraqi parliamentarian said on Saturday that the 2018 budget assumes the export of\u00a0<u>about 3.8 million barrels per day of oil, based on an average price of about $ 43 a barrel, well below the global price of more than $ 50<\/u><\/strong><\/em>.&#8221;\u00a0 \u00a0<strong>This is what Iraq&#8217;s oil in the budget of 2018<\/strong><strong>.<\/strong><br \/>\n______________________________________________________________<\/p>\n<h2 class=\"entry-title\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/economy-news.net\/vrsfls\/cntnt\/pctr\/3672.jpg?resize=527%2C352\" width=\"527\" height=\"352\" \/><\/h2>\n<h1><span style=\"color: #800000;\"><strong>Conclusion of the risk management cycle with the participation of 29 banks<\/strong><\/span><\/h1>\n<p>The training course on &#8220;Risk Management&#8221; organized by the Association of Iraqi Private Banks was concluded in three stages in cooperation with the Central Bank of Iraq and in the presence of the Spanish Ambassador to Juan Jose Scobar.<\/p>\n<p>45 employees from 29 banks and financial companies took part in the session, which started on October 9th.<\/p>\n<p>&#8220;Iraq is in a transition to the private sector and banks will play an important role,&#8221; Spanish Ambassador Juan Jose Scobar said during the closing ceremony of the training course. &#8220;These courses will develop the capabilities of the banking staff, which will be positively reflected on the bank.&#8221;<\/p>\n<p>He pointed out that &#8220;25% of Iraqis have bank accounts and the project to settle salaries will increase this ratio,&#8221; explaining that &#8220;some Spanish banks have a desire to visit Iraq and develop bilateral relations.&#8221;<\/p>\n<p><em><strong>Read more:\u00a0 <span style=\"color: #0000ff;\">\u00a0<a style=\"color: #0000ff;\" href=\"http:\/\/www.dinarupdates.com\/blog\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.dinarupdates.com\/blog<\/a><\/span><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Dr. Clarke\u00a0(Dinar Guru) &#8211;<\/span><\/strong>\u00a0 &#8230;we believe that Iraq and Vietnam, are further along, and closer to, substantially increasing the value of their currency, than ever before.\u00a0<strong>\u00a0So close, in fact, that we Believe and Expect Iraq, to Substantially increase the value of their Dinar, Publicly &amp; Officially, sometime between November 17th and December 1, 2017.\u00a0 We particularly like the dates of Nov. 18, 19, 20, 21, 25th, 29th. We also believe and expect, that the most beneficial dates of Exchange, will be within the First 21 days of December.\u00a0<\/strong>\u00a0 [reference Guru Dr. Clarke post 11-10-2017]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">MilitiaMan (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0 Article from 04\/11\/2016:\u00a0 \u201c<em>Keywords: The adoption of electronic payment tools creates competition between banks<\/em>\u201d\u00a0\u00a0 Quote:\u00a0 &#8220;<em>The central bank governor Ali al-Alaq said on Wednesday that the localization of salaries is a government project aimed at transforming from a purely monetary society to the adoption of electronic payment tools<\/em>.&#8221;\u00a0\u00a0 It is my opinion that what they are doing, is exactly what they told they were doing, and\u00a0<u><strong>now it is about timing the implementation of the PROJECT!<\/strong><\/u><\/p>\n<p>______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Adam Montana (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0\u00a0 The dinar is looking good. I\u2019m VERY excited about the current prospects!\u00a0\u00a0\u00a0<strong>We might be on the verge of RV right now, which many of you are keenly aware of.\u00a0\u00a0<\/strong>\u00a0Today is a great day to hold Dinar, and that\u2019s awesome for all of us\u00a0\u00a0(except you lopsters, you can all go find a pot to boil in.)<br \/>\n______________________________________________________________<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/economy-news.net\/vrsfls\/cntnt\/pctr\/1757.jpg?resize=621%2C352\" width=\"621\" height=\"352\" \/><\/p>\n<h1><span style=\"color: #800000;\"><strong>Association of Iraqi private banks: the project to settle salaries to start to consolidate the concept of financial inclusion<\/strong><\/span><\/h1>\n<p>President of the Association of Iraqi Private Banks Wadih al-Hanal<\/p>\n<p>The Iraqi Association of Private Banks announced on Wednesday that the project to settle the salaries of Iraqi employees is a beginning to consolidate the concept of financial inclusion, considering the process of settling salaries a bold decision from the government.<\/p>\n<p>The head of the Association of Iraqi Private Banks, Wadih al-Hanalal in his speech at the banking fair for the settlement of salaries, and attended by &#8220;Economy News&#8221;, &#8220;This carnival is a major start to a banking sector solid and consolidation of the concept of financial coverage to access banking services to all sectors of the Iraqi people, Citizen service and facilitating its financial operations to reach an efficient and productive digital economy. &#8221;<\/p>\n<p>He added that &#8220;the bold decision by the Council of Ministers to settle the salaries of state employees in qualified banks through the opening of bank accounts and the use of credit cards, which came under the auspices of the Central Bank of Iraq and support through the vision of his compass is the cornerstone to build a sustainable relationship between citizens and banks, where this decision will allow a large slice To benefit from modern banking services and to convert the prevailing thinking, relying on the banking compactness to fill the deficit in funding through surplus units.<\/p>\n<p><em><strong>Read more:\u00a0<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.dinarupdates.com\/showthread.php?55446-Association-of-Iraqi-private-banks-the-project-to-settle-salaries-to-start-to-consol\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.dinarupdates.com\/showthread.php?55446-Association-of-Iraqi-private-banks-the-project-to-settle-salaries-to-start-to-consol<\/a><\/span><\/strong><\/em><\/p>\n<p>______________________________________________________________<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.mawazin.net\/uploads\/files\/2017\/11\/14-11\/10-2.jpg?resize=608%2C342\" width=\"608\" height=\"342\" \/><\/p>\n<h1><span style=\"color: #800000;\"><strong>The Central Bank decides to work with bank branches in Kurdistan<\/strong><\/span><\/h1>\n<p>Official revealed in CBI, Tuesday, from going to rework with branches of banks operating in Kurdistan.<\/p>\n<p>The source for the media including news, scales\/&#8221;CBI heard views from banks that have branches in provinces of Kurdistan during the meeting convened, on Monday, at the headquarters of the Central Bank, which included the problems and dangers that await them in the event of the application of decision The Bank which came in implementation of the resolution and that the Council of representatives of Iraq at the request of the parliamentary Finance Committee.<\/p>\n<p>He added, &#8220;the Central Bank understands the severity to apply that decision if applied fully&#8221;, stating that &#8220;the Finance Committee during the drafting of the decision not to convert foreign currency to banks that operate in Kurdistan, added to suspend her there was a paragraph added in The resolution stresses that further in this decision that does not affect the citizen&#8217;s need and hurt her, as some work suspension with branches of those banks would hurt the simple citizen, so the Bank decided to suspend certain paragraphs of the decision of the House of representatives. &#8221;<\/p>\n<p><em><strong>Read more:\u00a0 \u00a0<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.dinarupdates.com\/blog\/\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.dinarupdates.com\/blog\/<\/a><\/span><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Breitling (Dinar Guru) &#8211;<\/span><\/strong>\u2026In other words we\u2019re safe all the way up to $1.17\u2026But if a war actually breaks out\u2026So what\u2019s Iraq\u2019s plan?\u00a0\u00a0<strong><u>Iraq wants to get to $1.17 and then they actually put on the table a different economic plan which get\u2019s them to $3.25.<\/u><\/strong>\u00a0 So that plan is going to be completely put to the wayside until the civil war is over with\u2026<strong><u>IF it comes<\/u><\/strong>.\u00a0 So that\u2019s the threat if they have an Islamic civil war in the Middle East\u2026the $3.25 rate which Iraq wants to get to.\u00a0 But up to $1.17 you\u2019re fine\u2026<strong><u>I\u2019m not saying they\u2019re going to come out there.\u00a0 They\u2019ll probably come out way lower and build their way up.\u00a0 So the turmoil in the middle east is only a threat from $1.17 on up.\u00a0 Up to $1.17 it is not.\u00a0<\/u><\/strong>\u00a0Nothing may come of it but that\u2019s the way you have to plan for it\u2026Here are a couple scenarios that can happen.\u00a0 And I have a game plan for each and everyone of them.\u00a0 Some people can stay in and risk because they have a lot more dinar.\u00a0 Some people, when it revalues at whatever rate, they need to get out.\u00a0 However it works out but that\u2019s the way it\u00a0 is. \u00a0 So remember it\u2019s [Islamic Civil War] a threat to the higher rate not the lower rate\u2026 [Post 2 of 2]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Kaperoni (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0\u00a0\u00a0<\/span>[<em>what are we all waiting on now and what is the holdup\/status<\/em>?]\u00a0\u00a0\u00a0Same as before..<strong>.laws, stability, corruption, investment.\u00a0 This is a process that takes time.\u00a0\u00a0<u>They are inching closer each day.<\/u><\/strong><\/p>\n<p>______________________________________________________________<\/p>\n<h1><span style=\"color: #000000;\"><strong>Follow us on twitter @DinarUpdates !!<\/strong><\/span><\/h1>\n<h2 style=\"text-align: left;\"><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)\" src=\"https:\/\/i0.wp.com\/www.dinarupdates.com\/blog\/wp-content\/uploads\/2014\/03\/images-11.jpg?resize=133%2C130\" alt=\"follow Dinar Updates on twitter\" width=\"133\" height=\"130\" \/><\/a><span style=\"color: #ff0000;\">Dinar Updates \u00a0&#8211; \u00a0Q &amp; A Call \u00a0&#8211;\u00a0 with BGG from Nov 8th &#8211;\u00a0 8:00 pm Conference Call Phone # 641-715-3639 pin #528733<\/span><\/strong><\/h2>\n<h2 style=\"text-align: center;\"><em><strong><a href=\"https:\/\/d.pr\/zNBz1j\">11\/08 &#8211; Recorded Call Replay Link<\/a><\/strong><\/em><\/h2>\n<p>______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Breitling (Dinar Guru)<\/span>\u00a0\u00a0<\/strong>\u2026<strong><u>The best strategy you can have is to be able to put different situations in front of you and have a game plan for each and every one of them that comes down.<\/u><\/strong>\u00a0 The top leaders in our country actually put together a strategy,<u>\u00a0they don\u2019t just pick an A to Z strategy process<\/u>.\u00a0 That would mean they know everything, that they would know exactly what\u2019s coming down the road.\u00a0\u00a0<strong><u>And that\u2019s not the case.\u00a0 That\u2019s never the case.\u00a0 You have to know the different variables coming down the road and the different possibilities<\/u><\/strong>\u2026I want to talk about the rate, there are articles coming out that we have Saudi Arabia pointing their fingers at Iran saying\u2026these missiles coming from Yemen &#8211; that\u2019s a declaration of war\u2026If there\u2019s going to be an Islamic civil war that\u2019s going to affect Iraq right?\u00a0 Absolutely it is\u2026remember the Iraqi dinar is completely manipulated..<strong><u>If\u2026IF\u2026there is an Islamic civil war\u2026<\/u><\/strong><strong><u>It\u2019s not a threat to $1.17..<\/u><\/strong>. [Post 1 of 2 \u00a0Stay tuned for the rest of the story]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">sandyf (Dinar Guru) &#8211;<\/span><\/strong>\u00a0 &#8220;<em>The Tariff Law &#8211; &#8220;The new tariff, which went into effect on January 19, imposes a 30 percent customs duty on imported goods coming through Iraq&#8217;s crossing points, exempting the autonomous region of Kurdistan<\/em>.&#8221;\u00a0\u00a0 When the Tariff Law was introduced Iraq needed Kurdistan to help clear ISIS so they exempted them from the law, but in doing so stopped any further dealings with the WTO.\u00a0<u><strong>Things have changed, Iraq can now take control and recommence the process, starting this Friday.<\/strong><\/u><br \/>\n______________________________________________________________<\/p>\n<p><a href=\"https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/11\/2106-1.jpg?ssl=1\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"14717\" data-permalink=\"https:\/\/dinarupdates.com\/observer\/?attachment_id=14717\" data-orig-file=\"https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/11\/2106-1.jpg?fit=629%2C354&amp;ssl=1\" data-orig-size=\"629,354\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"2106\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/11\/2106-1.jpg?fit=629%2C354&amp;ssl=1\" class=\"wp-image-14717 aligncenter\" src=\"https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/11\/2106-1.jpg?resize=529%2C298&#038;ssl=1\" alt=\"\" width=\"529\" height=\"298\" srcset=\"https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/11\/2106-1.jpg?w=629&amp;ssl=1 629w, https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/11\/2106-1.jpg?resize=300%2C169&amp;ssl=1 300w\" sizes=\"auto, (max-width: 529px) 100vw, 529px\" \/><\/a><\/p>\n<h1><span style=\"color: #800000;\"><strong>World Bank: Recent reforms in Iraq pave the way for further progress<\/strong><\/span><\/h1>\n<p>&#8220;In 2016\/2017, Iraq has been able to implement fundamental changes in the local regulatory framework in two main areas: starting business and obtaining credit,&#8221; the World Bank said in a recent 2018 Doing Business business titled &#8220;Equal Opportunities for All&#8221;.&#8221;Starting a business is easier in Iraq by combining multiple registration procedures and shortening the time required to register companies. Entrepreneurs are no longer required to register their companies independently with the General Authority for Taxation, and the time required to register companies has been reduced due to the increased resources available in registration departments and the improvement of the electronic registration system.<\/p>\n<p>&#8220;Iraq has been working to improve access to credit information by launching a credit registry run by the Central Bank of Iraq. As of January 1, 2017, this register included 234,967 clients and 4,877 commercial borrowers, and provided information on their prospective history over the past five years. &#8221;<\/p>\n<p><em><strong>Read more:\u00a0<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.dinarupdates.com\/blog\/\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.dinarupdates.com\/blog\/<\/a><\/span><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<p><iframe loading=\"lazy\" src=\"\/\/cdn.bannersnack.com\/banners\/bcfqbjmjr\/embed\/index.html?userId=31764881&amp;t=1507147661\" width=\"728\" height=\"90\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\"><\/iframe><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">MilitiaMan (Dinar Guru) &#8211;<\/span>\u00a0<\/strong>\u00a0 [<em>According to an email&#8230;showing the World Trade Organization (WTO) schedule for the upcoming week<\/em>:]\u00a0&#8220;<em>Informal Working Party on the ACCESSION OF IRAQ to the WTO is scheduled for 10 a.m., Friday, Nov. 17, 2017<\/em>&#8221;\u00a0\u00a0\u00a0 Now how cool it that.\u00a0<strong>WTO accession on 11\/17\/2017&#8230; Who said next year into 2018 today? lol WE all know the indicators Iraq has given us, have this on target for completion and this is a reality&#8230;<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Dr. Clarke (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0\u00a0<strong>Over the years, there has been more than 1 Plan, to substantially increase the value of Iraq\u2019s currency, as well as Vietnam\u2019s currency.\u00a0<\/strong>We only talk about the Dinar &amp; the Dong, because these are the only 2 currencies, we have interest in. We believe that all other currencies for now, are simply \u201cNot a good investment\u201d, too speculative, not timed right, and fraught with too many disqualifying factors, for substantial increase, anytime soon, if EVER.\u00a0 We have NO strong evidence to the contrary.\u00a0<strong>However, the Iraq Dinar and the Vietnam Dong is different. We believe that BOTH of these,\u00a0<u>are a VERY GOOD Gamble<\/u>, and we don\u2019t see that changing.<\/strong>\u00a0 All of you that say, \u201cNobody knows the timing\u201d, would be Wrong.\u00a0<strong>There ARE those that know EXACTLY when these 2 currencies will increase substantially. They know the Day and the Rates.<\/strong>\u00a0Make No Mistake&#8230;\u00a0\u00a0 [post 1 of 3&#8230;.stay tuned]<br \/>\n____________________________________________________________<\/p>\n<h1><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/pbs.twimg.com\/media\/DOLtwazWsAEisiM.jpg?resize=581%2C303&#038;ssl=1\" width=\"581\" height=\"303\" \/><\/h1>\n<h1><span style=\"color: #800000;\"><strong>World Bank: Iraqi economy continues its development progress due to recent reforms<\/strong><\/span><\/h1>\n<p>The World Bank confirmed Thursday that during 2016-2017, Iraq has been able to implement fundamental changes in the domestic regulatory framework in two main areas: starting business and obtaining credit.<\/p>\n<p>\u201cStarting a business is easier in Iraq by combining multiple registration procedures and reducing the time required to register companies,\u201d a statement issued by the bank said. \u201cEntrepreneurs are no longer required to register their companies independently with the General Authority for Taxation, The time required to register companies, because of increased resources available in the registration services and improve the electronic registration system.<\/p>\n<p><em><strong>Read more:\u00a0<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.dinarupdates.com\/blog\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.dinarupdates.com\/blog<\/a><\/span><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Mike (Dinar Guru)- <\/span><\/strong>\u00a0\u00a0 Article:\u00a0 &#8220;<em>Baghdad clamping down on the banks of Iraqi Kurdistan<\/em>&#8221;\u00a0[<em>What does it mean the the cbi has stopped the dollar sales to Kurdistan?<\/em>]\u00a0\u00a0<strong>\u00a0It&#8217;s another exchange restriction prohibiting the Kurd&#8217;s from having access to the dollar. Now they&#8217;ll go through the money exchangers instead of the banks. We&#8217;ll watch and see how this effects the spread&#8230;<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">sandyf (Dinar Guru)-<\/span><\/strong>\u00a0\u00a0 The term &#8220;International currency&#8221; does not mean anything.\u00a0<strong>There are 3 types of currency &#8211;<u>\u00a0Fully convertible, Partially convertible and Non convertible<\/u>.<\/strong>\u00a0<strong>Article 14 currencies by virtue of their status with the IMF are Non convertible. Article 8 currencies are normally able to be exchanged worldwide but at the discretion of the exchanger.\u00a0<\/strong>When a currency becomes volatile an exchanger may well refuse to exchange as happened with the Russian Rouble not that long ago.<br \/>\n______________________________________________________________<\/p>\n<h1><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.alliraqnews.com\/uploads\/news\/image\/medium\/story_img_5a00b15a2eeae.jpg?resize=479%2C319\" width=\"479\" height=\"319\" \/><\/h1>\n<h1><span style=\"color: #800000;\"><strong>Cabinet Secretary: Iraq getting a wide portfolio movement<\/strong><\/span><\/h1>\n<p>Cabinet Secretary General Mehdi relationship expectations indicate a wide portfolio movement country turnout under recommendations that pretty Kuwait Conference to be held early next year.<\/p>\n<p>And the relationship to the Prime Minister Haider Abadi in Ministry of planning documentation review standard international arbitration documents represent an essential factor in reassuring foreign companies and the launch of a major programme to revitalize the private sector and opening up investment in all provinces and Baghdad, &#8220;stressing that &#8220;The evolution of the Iraqi economy depends on the development of the private sector&#8221;.<\/p>\n<p><em><strong>Read more:\u00a0\u00a0<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.dinarupdates.com\/blog\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.dinarupdates.com\/blog<\/a><\/span><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Enorrste (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0 Article:\u00a0 &#8220;<em>A simulation of the dinar exchange rate linked to a basket of currencies<\/em>&#8221;\u00a0\u00a0\u00a0<strong>We do not want the dinar tied to a basket of currencies.\u00a0 We want a freely floating currency.\u00a0<\/strong>\u00a0Let&#8217;s hope no one pays any attention to this guy.<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Walkingstick (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0 [<em>Saturday is the 11th;\u00a0\u00a0 Frank [Guru Frank26] likes Saturday, going into Sunday;\u00a0 Sunday, the 12th, is 3 days before the U.N. Operational rates are posted<\/em>\u00a0&#8230;]\u00a0\u00a0\u00a0<u><strong>A country&#8230; may change, their operational rate\/s of exchange at any time<\/strong><\/u>&#8230;The UN publication of dates is not a reflection of when a country may or may not adjust their operational exchange rate\/s, accordingly&#8230;<br \/>\n______________________________________________________________<\/p>\n<h1><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/economy-news.net\/vrsfls\/cntnt\/pctr\/3427.jpg?resize=574%2C333\" width=\"574\" height=\"333\" \/><\/h1>\n<h1><span style=\"color: #800000;\"><strong>The Central Bank is holding its third annual conference next month to discuss financial stability in Iraq<\/strong><\/span><\/h1>\n<p>The Central Bank will hold its third annual conference next month under the title of the role of the Central Bank of Iraq in achieving financial and economic stability.<\/p>\n<p>A source in the Central Bank of Iraq, &#8220;The Economist News&#8221;, &#8220;The Central Bank will be held on the ninth and tenth of December next year&#8217;s third annual conference under the auspices of the governor Ali Alalak,&#8221; adding that &#8220;the conference will discuss the sustainability of public debt and financial stability in Iraq and achieve the process of inclusion The performance of banks and mechanisms to stimulate the financial sector through monetary policy tools and highlight the financial merit of the banking sector.<\/p>\n<p><em><strong>Read more:\u00a0\u00a0<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.dinarupdates.com\/blog\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.dinarupdates.com\/blog<\/a><\/span><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">sandyf (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0 &#8230;from a well known guru&#8230;\u00a0\u00a0&#8220;<em>The CBI has said something about a rate of $1.15 in-country to go into effect in 72 hours;<\/em>&#8221;\u00a0 &#8221;\u00a0<em>Yes, but they will probably have a different rate in-country, just like the Iraqi dinar has a different rate structure in Iraq as opposed to oversea<\/em>s. &#8221;\u00a0 If the person concerned had done their homework they would be aware of a factual situation of different exchange rates in and out of the country.<strong>\u00a0 Introducing new currency codes is not an overnight event as accounting software companies must amend the software to accept the new code. In the case of redenominations it has normally been done about four months before introduction.\u00a0\u00a0<u>If Iraq, or any other country, is to have a different rate inside to outside the country then it is not going to happen any time soon.<\/u><\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Aggiedad77 (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0 Article:\u00a0 &#8220;<em>Baghdad looks to take control of KRG oil<\/em>&#8221;\u00a0\u00a0 Quote:\u00a0 \u201c<em>The government\u2019s control of oil wealth does not mean a certain national party will monopolize the sector. All oil resources will be fairly distributed among the people<\/em>.\u201d\u00a0 \u00a0They speak of controlling the KRG oil, all of it from the sound of it&#8230;and quite honestly this could very well be the most intelligent move that Baghdad\/Abadi has made to date&#8230;<strong>this will IMO insure the HCL is given equally to all the people of Iraq if it is given to one<\/strong>&#8230;The oil within the nation of Iraq belongs to all citizens and they should all share accordingly&#8230;<strong>IMO&#8230;.the BEST is coming..<\/strong><br \/>\n______________________________________________________________<\/p>\n<h1><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/pbs.twimg.com\/media\/DN3MMyuX4AI7Pke.jpg?resize=569%2C325&#038;ssl=1\" width=\"569\" height=\"325\" \/><\/h1>\n<h1><span style=\"color: #800000;\"><strong>The Central Bank of Iraq: The currency outside the banks amounted to more than 40 trillion dinars<\/strong><\/span><\/h1>\n<p>The Central Bank of Iraq, the currency outside the banks amounted to more than 40 trillion dinars.<\/p>\n<p>The central bank said in a report that \u201cthe currency outside the banks amounted to last March 40.18 trillion dinars,\u201d noting that \u201cthe currency outside banks amounted to 37.5 trillion dinars in March last year.\u201d<\/p>\n<p>He pointed out that \u201cthe capital of commercial banks during the first quarter of this year registered a rise of 25.3% compared to last year to reach 12.9 trillion dinars,\u201d noting that \u201cprivate banks constitute the largest proportion of capital banks to reach 9.7 trillion dinars and government banks with capital 3.3 trillion dinars. \u201c<\/p>\n<p><em><strong>Read more:\u00a0\u00a0<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.dinarupdates.com\/blog\/\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.dinarupdates.com\/blog\/<\/a><\/span><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Mike (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0 Article:\u00a0 &#8220;<em>Central Bank: currency outside banks amounted to more than 40 trillion dinars<\/em>&#8221;\u00a0\u00a0<strong>\u00a0Iraq has roughly 56 trillion in M0 money supply with 40 trillion outside the banks. It&#8217;s time for a change, pass the deposit law and the folks might begin coming back<\/strong>. For now, they trust and prefer their own security over the banks.<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Apmcrx (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0\u00a0Article:\u00a0 &#8220;<em>A simulation of the dinar exchange rate linked to the basket of currencies<\/em>&#8221;\u00a0\u00a0 &#8230;article directly from the CBI webpage&#8230;<u><strong>THIS IS STRAIGHT FROM CBI AND THEY ARE TELLING YOU THE EXCHANGE RATE!!!\u00a0 &#8230;PDF document&#8230;is telling you the dinar exchange rate compared to the currency basket&#8230;from .90 to $1.15 IQD\/USD&#8230;<\/strong><\/u>\u00a0\u00a0\u00a0<em>Now, why the CBI is &#8220;simulating<\/em>?&#8221;\u00a0<u><strong>Because they want to go international and know the real IQD\/USD exchange rate IMO.<\/strong><\/u>\u00a0\u00a0<em>Who suggested or proposed the peg to a basket of currencies<\/em>?\u00a0\u00a0<u><strong>IMF, World Bank, USA as we have seen the articles demanding this agencies to Iraq implementation of reforms IMO by the end of this year.<\/strong><\/u><br \/>\n______________________________________________________________<\/p>\n<p><iframe loading=\"lazy\" src=\"\/\/cdn.bannersnack.com\/banners\/bcfqbjmjr\/embed\/index.html?userId=31764881&amp;t=1507147661\" width=\"728\" height=\"90\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\"><\/iframe><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Don961 (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0 Article:\u00a0 &#8220;<em>A simulation of the dinar exchange rate linked to a basket of currencies<\/em>&#8221;\u00a0\u00a0<strong>Just a simulation study&#8230;should the dinar get pegged to a basket of world reserve currencies\u00a0<\/strong>&#8230; as opposed to staying &#8216;binary&#8221; (linked\/pegged only to the USD)&#8230;shows how the exchange rate of the iqd would be affected should it be put into this world currency basket&#8230;\u00a0<strong>\u00a0<u>Just doing such a study kinda shows the belief that the iqd perhaps is being considered\/projected to join such a strong basket of world currencies<\/u>\u00a0&#8230; sounds good to me\u00a0<em>&#8230;<\/em>\u00a0<u>% allocated to iqd in this basket would depend on how strong the currency will be compared to the others &#8230; at a given point in time<\/u><\/strong>&#8230;will it bypass the pound or the euro? &#8230; sure &#8230; why not \u00a0&#8230;that would be cool wouldn&#8217;t it&#8230;imo.<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>Iraq still under the category of bankrupt countries<\/em>?&#8221;\u00a0\u00a0\u00a0Gee whiz, this guy sounds so negative:\u00a0\u00a0\u00a0&#8220;<em>He added that &#8220;the budget reveals beyond doubt the inability of any realistic treatments to find development, even if it is a formality to open future prospects to reduce dependence on oil revenues and stop domestic and external borrowing, which has no horizon to stop it and the payment of accumulated it puts the Iraqi economy in the near future on the verge of bankruptcy.<\/em>&#8221;\u00a0\u00a0<strong>We have waited, literally, for years in hopes that Iraq would change and embrace the open market economy and allow the dinar to grow in value. And all we&#8217;re getting is the same old budget where expenditures exceed revenue. The existing political class is failing the Iraqi people.\u00a0<\/strong>Like Mark Twain said, &#8220;<u>Politicians and diapers must be changed often, and for the same reason.<\/u>\u201d<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">G-Lin (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0&#8230;7 years ago I never imagined this would be a long term investment. I think most of us thought it was going to be a get rich quick thrill. After I toughened up a bit I realized the reward will be worth the wait. I still see this investment with a glass half full attitude. And that will not change unless something drastic were to happen to Iraq, and<strong>\u00a0the economic powers of the world will not let that occur imo. Iraq is too valuable. It is the diamond in the rough for U.S., Russia, Europe, China, and all of Asia and the M.E.\u00a0 Follow the money.\u00a0 Maybe just a wee bit longer<\/strong><br \/>\n______________________________________________________________<\/p>\n<h1><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/gdb.alhurra.eu\/9DCB71ED-AB0E-4D79-BE86-36019C8FD9F7_cx0_cy2_cw0_w1023_r1_s.jpg?resize=596%2C335&#038;ssl=1\" width=\"596\" height=\"335\" \/><\/h1>\n<h1><span style=\"color: #800000;\"><strong>Iraq: World Bank grants $ 400 million for reconstruction<\/strong><\/span><\/h1>\n<p>The World Bank on Tuesday approved $ 400 million in financial aid to help rebuild Iraq after the liberation of many cities from the control of the Da\u2019ash organization.<\/p>\n<p>The World Bank said in a statement that the aid package aims to \u201csupport the recovery, reconstruction and rehabilitation of priority infrastructure facilities in order to restore the provision of public services in newly liberated Iraqi areas from the grip of a sympathetic organization.\u201d<\/p>\n<p>The aid is additional funding for the $ 350 million emergency development project in Iraq, approved in July 2015 and being implemented in seven cities in Diyala and Salahaddin provinces, the statement added.<\/p>\n<p>The additional funding is expected to expand the geographical scope of the current project activities to include other cities liberated from the control of Daed in the provinces of Salah al-Din and Diyala, in addition to areas in Anbar, Kirkuk, Nineveh and Dahuk of the Kurdistan Regional Government, according to the statement.<\/p>\n<p><em><strong>Read more:\u00a0<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.dinarupdates.com\/blog\/\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.dinarupdates.com\/blog\/<\/a><\/span><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<h1><span style=\"color: #000000;\"><strong>Follow us on twitter @DinarUpdates !!<\/strong><\/span><\/h1>\n<h2 style=\"text-align: left;\"><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)\" src=\"https:\/\/i0.wp.com\/www.dinarupdates.com\/blog\/wp-content\/uploads\/2014\/03\/images-11.jpg?resize=133%2C130\" alt=\"follow Dinar Updates on twitter\" width=\"133\" height=\"130\" \/><\/a><span style=\"color: #ff0000;\">Dinar Updates \u00a0&#8211; \u00a0Q &amp; A Call \u00a0&#8211;\u00a0 from BGG &amp; Co &#8211; tape from 10\/27 released tonite 641-715-3639 pin #528733<\/span><\/strong><\/h2>\n<h2 style=\"text-align: center;\"><em><strong><a href=\"https:\/\/d.pr\/gD9QO7\">10\/31 &#8211; Recorded Call Replay Link<\/a><\/strong><\/em><\/h2>\n<p>______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Aggiedad77 (Dinar Guru) &#8211;<\/span>\u00a0<\/strong>\u00a0 &#8230;<em>So how close are we<\/em>&#8230;<u><strong>as close as your breath is to your lungs<\/strong>..<\/u>.IMO.<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #800000;\">Frank26 and Delta (Dinar Guru) &#8211;<\/span><\/strong> \u00a0 Article:\u00a0&#8220;<em>A simulation of the dinar exchange rate linked to a basket of currencies<\/em>&#8221;\u00a0 &#8220;<em>Dr. Ahmed Abrehi Ali<\/em>&#8230;:&#8221;\u00a0\u00a0Quote: &#8220;<em>It is proposed that the dinar be pegged to a basket of major currencies, international reserve currencies, dominant in foreign trade and capital markets,\u00a0United States Dollars.<\/em>&#8221;\u00a0\u00a0 \u00a0Dr. Ahmed Ibraihi Ali&#8230;Member of the Board!!!\u00a0\u00a0<strong>Family you do not realize a few days ago the CBI gave you what you wanted&#8230;some of you saw it..most of you missed it..you have no idea the ground that you are standing on right now&#8230;<\/strong><br \/>\n______________________________________________________________<\/p>\n<h1><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i1.wp.com\/en.economiciraq.com\/wp-content\/uploads\/2017\/06\/2-28.jpg?fit=1280%2C754\" width=\"601\" height=\"354\" \/><\/h1>\n<h1><span style=\"color: #800000;\"><strong>Iraqi sovereign fund<\/strong><\/span><\/h1>\n<p>Government official trends in economic reform are becoming clearer and clearer, as we see through international institutions, which contribute in practice to their loans and grants to make Iraq a better place in the face of the destruction of the Da&#8217;ashi and the consequences of projects destroyed by corruption.<\/p>\n<p>The Iraqi sovereign fund may be considered by virtue of the fact that it is currently under establishment and may not be fully in accordance with international economic standards. However, it will be ready and highly flexible in the service of the national economy in order to prevent fluctuations in oil prices and free the Iraqi economy from dependence on international prices and negative effects on the budget. in general.<\/p>\n<p><em><strong>Read more:<\/strong><\/em>\u00a0<em><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.dinarupdates.com\/showthread.php?55331-Iraqi-sovereign-fund\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.dinarupdates.com\/showthread.php?55331-Iraqi-sovereign-fund<\/a><\/span><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<h1><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.skypressiq.net\/thumbnail\/crop\/770\/425\/posts\/2017-11\/02\/20171102_030401-221.jpg?resize=600%2C332\" width=\"600\" height=\"332\" \/><\/h1>\n<h1><span style=\"color: #800000;\"><strong>UN calls on Iraq to join ICC<\/strong><\/span><\/h1>\n<p>The Office of the United Nations High Commissioner for Human Rights (OHCHR) said on Thursday that the atrocities committed by a militant organization during the battle to liberate the Iraqi city of Mosul were &#8220;international crimes&#8221; that Iraqi courts currently have no jurisdiction to consider.<\/p>\n<p>The United Nations has asked the Iraqi authorities to conduct a separate investigation into the victims of the air strikes of civilians and any violations of Iraqi forces in the battle of Mosul, Reuters reported.<\/p>\n<p>The organization stressed that the Iraqi courts have no jurisdiction over international crimes such as genocide and Baghdad show seriousness about bringing the perpetrators to justice.<\/p>\n<p><strong><em>Read more:\u00a0<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.dinarupdates.com\/blog\/\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.dinarupdates.com\/blog\/<\/a><\/span><\/em><\/strong><br \/>\n______________________________________________________________<\/p>\n<p><iframe loading=\"lazy\" src=\"\/\/cdn.bannersnack.com\/banners\/bcfqbjmjr\/embed\/index.html?userId=31764881&amp;t=1507147661\" width=\"728\" height=\"90\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\"><\/iframe><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Guru G-Lin (Dinar Guru) &#8211;\u00a0\u00a0<\/span><\/strong>Article:\u00a0 &#8220;<em>CBI A simulation of the dinar exchange rate linked to a basket of currencies<\/em>\u00a0<strong>&#8221;\u00a0\u00a0<\/strong><strong>&#8230;couple this simulation report with the WTO art&#8230;\u00a0<\/strong>\u00a0&#8220;<em>{WTO} Trade looks at ways to cooperate with ITC<\/em>&#8221;\u00a0\u00a0 Quote:\u00a0\u00a0&#8220;<em>ITC is one of the most important international organizations supporting and supporting trade facilitation and development of small and medium enterprises and export development.<\/em>&#8221;\u00a0\u00a0\u00a0<strong>Interesting timing and at least they are headed in the right direction.\u00a0<u>Some smart people throughout the years have stated they felt like Iraq should have a currency change before full membership accession into WTO<\/u>.\u00a0<\/strong>We shall see.<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">G-Lin (Dinar Guru) &#8211;\u00a0\u00a0<\/span><\/strong>Quote:\u00a0 &#8220;<em>A short search to experience the simulator about linking the Iraqi dinar to a basket of currencies with weights varying between 50% and 65% of the dollar and other currencies remaining price (Dr. Ahmed Ali Abrihi)&#8230;<\/em>&#8221;\u00a0\u00a0<strong>What this looks like to me is simulations or experiments in comparisons of the dinar as a floating rate {basketball} I think that is what that means, versus fixed rate in a currency basket.\u00a0<\/strong>These simulations were done beginning Jan. 1st 2017 to present.\u00a0<strong>They paired the dinar against all of the currencies that are used in Iraq. They experimented with the figures as floating and fixed.<\/strong>\u00a0And all of the data has been presented to the decision makers in CBI. That&#8217;s my take.<strong>\u00a0I&#8217;m excited that this was posted on the CBI site and they seem to be giving those two choices.\u00a0<\/strong>\u00a0\u00a0I personally would take either one.<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Adam Montana (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0 [<em>I read&#8230;that Barzani is retiring, how will this effect our investment<\/em>?]\u00a0<strong>\u00a0He said he would be stepping down as of&#8230;(1 November 2017)<\/strong>, and the reason was basically disappointment in the failed referendum.<strong>\u00a0This may end up weakening the Kurdish resistance to full cooperation with Baghdad,\u00a0<u>which might just be the leverage needed to pry open the HCL floodgates<\/u>.\u00a0\u00a0<\/strong>Let&#8217;s hope for some good news in the coming days!<br \/>\n______________________________________________________________<\/p>\n<h1><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i2.wp.com\/www.mawazin.net\/uploads\/files\/2017\/11\/%D9%83%D8%B1%D8%AF%D8%B3%D8%AA%D8%A7%D9%86-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D8%A7%D9%84%D9%85%D8%B4%D9%87%D8%AF-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%B3%D9%8A.jpg\" width=\"562\" height=\"316\" \/><span style=\"color: #800000;\"><strong>Kurdistan Parliament: From today the post of president of the Kurdistan region is vacant<\/strong><\/span><\/h1>\n<p><strong>Baghdad Mawazine News &#8211;<\/strong> The Kurdistan Regional Parliament announced on Wednesday the entry of a decision to withdraw the President of the region Massoud Barzani to take effect.<\/p>\n<p>MP Bari Mustafa said in a statement to \u201cMawazin News,\u201d that \u201cfrom today the position of the President of the Kurdistan region is vacant, and powers divided on the three presidencies of legislative, executive and judicial within the region.\u201d&#8230;<br \/>\n<em><strong><br \/>\nRead more:\u00a0<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.dinarupdates.com\/blog\/\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.dinarupdates.com\/blog\/<\/a><\/span><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Frank26 (Dinar Guru) &#8211;<\/span><\/strong>\u00a0 \u00a0There is an A [Abadi?] Speech coming&#8230;That contains much and art8 with ch7 in it&#8217;s core&#8230;<strong>Where IMO an RI will be concurrent with or the Fact after if.\u00a0<u>These IMO are the Steps that will trigger off a Chain Reaction of Explosive Info\/Advancement of the IQD&#8217;s MR&#8230;Very Quickly.<\/u><\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">SandyF (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0\u00a0 One thing you can take to the bank is that<strong>\u00a0if the Iraqi currency is ever redeemed following a significant rise in value, the exchange will not be &#8216;normal&#8217;<\/strong>.<br \/>\n______________________________________________________________<\/p>\n<h1><span style=\"color: #800000;\"><strong>Barzani steps down reopening Kurdistan crossings with Iran<\/strong><\/span><\/h1>\n<p><strong>Baghdad &#8211; Journal News &#8211;<\/strong> The Middle East Bank Monitor reported on Iran&#8217;s plans to reopen its border crossings with the Kurdistan region in the coming days.<\/p>\n<p>According to the report, which was translated by \u00abJournal News\u00bb, the decision came after the announcement of the former Kurdistan region, &#8220;Massoud Barzani,&#8221; the decision to step down from the government, and submit the resignation tomorrow, the first of November.<\/p>\n<p>Iran&#8217;s closure of the border after the Kurdistan Regional Government (KRG) insisted on holding an independence referendum when Iranian General Mohammad Baqeri said that &#8220;the Kurdistan government&#8217;s insistence on secession from Iraq will lead to a bloody war between the region and Iraq as well as neighboring countries like Iran and Turkey.&#8221;<\/p>\n<p><em><strong>Read More: <a href=\"http:\/\/www.dinarupdates.com\/showthread.php?55262-Barzani-steps-down-reopening-Kurdistan-crossings-with-Iran\">http:\/\/www.dinarupdates.com\/showthread.php?55262-Barzani-steps-down-reopening-Kurdistan-crossings-with-Iran<br \/>\n<\/a><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">MilitiaMan (Dinar Guru) &#8211;<\/span>\u00a0<\/strong>\u00a0 Article:\u00a0\u00a0<em>&#8220;During his chairing a meeting of the Committee of Diwani Order No. (54) for the year 2017<\/em>&#8221;\u00a0 Quote:\u00a0 &#8220;<em>The Administrative Agent stresses the importance of completing the work of the Reform Committee and addressing the indicators of the assessment of Iraq in the annual report 2017..<\/em>.&#8221;\u00a0\u00a0<strong>\u00a0This is valuation, assessment, it is in ones best interest to be paying attention to it..<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">EHankins (Dinar Guru) &#8211; <\/span>\u00a0<\/strong>\u00a0&#8230;<strong>IT SEEMS VERY QUIET HERE&#8230; ALMOST INTENTIONAL AS IF SOMETHING IS ABOUT TO EXPLODE AND TO CONCURRENTLY BRING MANY MANY THINGS TO LIGHT<\/strong>&#8230;I COULD BE WRONG&#8230;GUESS WE&#8217;LL WAIT AND SEE.<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Enorrste (Dinar Guru) &#8211; <\/span><\/strong>\u00a0\u00a0 &#8220;<em>Achieving Growth in Contexts of Great Challenge: The Iraqi Private Banking Sector<\/em>&#8221;\u00a0\u00a0<u><strong>The very fact that this conference exists is a good sign.\u00a0 It shows that all parties are aware of the problem and are attempting to work out a solution.<\/strong><\/u>\u00a0 The issue of whether any bank coming into a correspondent relationship will find it likely that they will make money is a serious concern.\u00a0\u00a0 &#8230;At the same time there was a clear understanding by one of the members of the &#8220;wild west&#8221; theory that KAP [Guru Kaperoni] and I have talked about for years.\u00a0 She said almost the same thing we have been saying all along,<strong>\u00a0<u>namely that once the movement begins it will snowball and lead to very rapid economic growth in Iraq.\u00a0 It is the beginning of the snowball that is the current problem.\u00a0<\/u>\u00a0Several members indicated that the laws and regulations are now in place,\u00a0<u>but that implementation is what is lacking.\u00a0 This, to me, is a positive step.<\/u>\u00a0 I think that this is a lot like the snowball affect that I just mentioned:\u00a0 it just needs to get started.<\/strong>\u00a0\u00a0<u>Once it does the confidence level will rise in bank usage.\u00a0 Once that happens foreign banks will want to get involved as well.<\/u>\u00a0 [post 1 of 3&#8230;.stay tuned]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">\u00a0Enorrste (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0 It is a positive sign to me that all of the representatives on this panel recognize the liquidity problem and understand that getting the money out of the mattresses is the solution.\u00a0<u><strong>\u00a0I would venture to guess that the CBI has a plan to push this process along, even to the point of forcing people to use their mattress money if necessary.<\/strong>\u00a0<\/u><strong>\u00a0\u00a0As with my other comments above I believe that this snowball affect will be the most important, once it begins<\/strong>.\u00a0 The statement by one of the Iraqi bankers&#8230;was quite revealing, namely that he appealed to the CBI to just given the banks a checklist of things that need to be done to bring them into full compliance.<strong>\u00a0<u>\u00a0I would wager that this proposal will be acted upon quickly by the CBI, once it is presented to them, and that full compliance across the board will occur shortly thereafter.<\/u><\/strong><u>\u00a0<\/u>\u00a0One thing is clear: all of the Iraqi bank representatives expressed a deep desire to be fully compliant.\u00a0\u00a0<strong><u>The statement was simple:\u00a0 &#8220;Just tell us what to do and we will do it!&#8221;<\/u><\/strong>\u00a0\u00a0 [post 2 of 3&#8230;.stay tuned]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">MilitiaMan (Dinar Guru) &#8211;<\/span>\u00a0<\/strong>\u00a0 Article:\u00a0 &#8220;<em>Official reception of the Prime Minister Dr. Haider Abadi at the Turkish Government Palace in Ankara<\/em>&#8221;\u00a0\u00a0 &#8230;it&#8217;s timing, it&#8217;s placement. &#8230;<strong>One more stop for Abadi with Tehran with an olive branch in offering from Iraq, Saudi Arabia,\u00a0<u>the region in reconciliation to move forward in harmony,<\/u>\u00a0in friendship and not to mention, profits for all&#8230;<\/strong><br \/>\n______________________________________________________________<\/p>\n<h1><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/en.economiciraq.com\/wp-content\/uploads\/2017\/09\/1..jpg?fit=500%2C275\" width=\"475\" height=\"261\" \/><\/h1>\n<h1><span style=\"color: #800000;\"><strong>Consider mechanisms for establishing sovereign funds that achieve sustainable development<\/strong><\/span><\/h1>\n<p>*In a workshop for the Baghdad Economic Forum in cooperation with the Secretariat of the Council of Ministers.<\/p>\n<p>The Baghdad Economic Forum in cooperation with the General Secretariat of the Council of Ministers folded the second episode of a continuous series aimed at finding real development mechanisms that promote all sectors. The two sides discussed in the presence of a group of parliamentarians, economists, specialized institutions and international embassies on the subject of &#8220;sovereign funds in Iraq and their role in economic development&#8221;. Challenges that limit the activation of projects and the implementation of projects in all cities of Iraq.<\/p>\n<p>The workshop, which was conducted by economist Bassem Jameel Antoine, began with the speech of the secretary-general of the Cabinet, followed by Acting Representative Karrar Mohammed Abdul-Zahra. He said: &#8220;The need for sovereign funds in Iraq stems from the possession of natural resources that provide a financial surplus. Saving the surplus and investing it in the process of development and safeguarding the rights of future generations.<\/p>\n<p><em><strong>Read more:\u00a0<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.dinarupdates.com\/blog\/\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.dinarupdates.com\/blog\/<\/a><\/span><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Adam Montana (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0 Regarding Iraq&#8217;s influx of eager business countries\/people\/companies&#8230;<strong>\u00a0of COURSE there are suitors lining up! Iraq is on the way up. It may take a little longer, or it may happen today or tomorrow,\u00a0<u>but it doesn&#8217;t take a genius to see that they ARE on the way up.<\/u><\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Adam Montana (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0\u00a0<strong>There is a current agreement amongst a majority of OPEC participating countries designed to control the oil market in the supposed interest of keeping the global economy.<\/strong>\u00a0I&#8217;m not presenting a specific conspiracy theory on that thought, I&#8217;m just saying &#8220;supposed&#8221; because there&#8217;s always\u00a0<em>some<\/em>\u00a0kind of backdoor deal or subterfuge going on with\u00a0<em>anything<\/em>\u00a0related to politicians!\u00a0\u00a0That&#8217;s also not to say that the current OPEC agreement is a bad thing. I feel like it was a good move on many levels, but let&#8217;s move on.\u00a0 The current OPEC agreement &#8211; and keep in mind, this is a sort of informal, kind of semi-official, non-binding-to-Iraq, completely-beneficial-to-Iraq &#8211; yes,\u00a0<em>that<\/em>\u00a0OPEC agreement continues to run a course very attractive to Iraq&#8217;s interests.<strong>\u00a0Bottom line &#8211; Iraq&#8217;s still sitting pretty in it&#8217;s ability to potentially skirt the current production limitations and they wouldn&#8217;t even feel the need to apologize for getting a nice break. I<u>mportant date regarding the OPEC agreement: November 7, Vienna Austria.<\/u>\u00a0<\/strong>\u00a0 [post 1 of 2&#8230;.stay tuned]<\/p>\n<p>______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">G-Lin (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0 Article:\u00a0 &#8220;<em>A new project to provide electronic payment services to local banks&#8221;\u00a0 &#8220;Coordinating Council<\/em>&#8221;\u00a0 Quotes:\u00a0 &#8220;<em>while confirming the company portal of Iraq Electronic Financial Services, it is certified according to international standards and instructions of the Central Bank of Iraq, and sets the best global financial practices between De Iraqi citizen to facilitate his life and work for the benefit of financial institutions and bodies of the national economy.&#8221;\u00a0<\/em>\u00a0&#8220;<em>Iraq and Saudi Arabia are two major economic powers in the world to acquire the wealth of the two sides<\/em>&#8230;&#8221;\u00a0\u00a0<strong>These are exciting arts.\u00a0<u>This is occuring now not in the future.<\/u><\/strong><br \/>\n______________________________________________________________<\/p>\n<h1><a href=\"https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/10\/%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D8%A7%D9%85%D8%B1%D9%8A%D9%83%D8%A7.jpg?ssl=1\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"14581\" data-permalink=\"https:\/\/dinarupdates.com\/observer\/?attachment_id=14581\" data-orig-file=\"https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/10\/%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D8%A7%D9%85%D8%B1%D9%8A%D9%83%D8%A7.jpg?fit=460%2C286&amp;ssl=1\" data-orig-size=\"460,286\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"\u0627\u0644\u0639\u0631\u0627\u0642-\u0627\u0645\u0631\u064a\u0643\u0627\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/10\/%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D8%A7%D9%85%D8%B1%D9%8A%D9%83%D8%A7.jpg?fit=460%2C286&amp;ssl=1\" class=\"wp-image-14581 aligncenter\" src=\"https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/10\/%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D8%A7%D9%85%D8%B1%D9%8A%D9%83%D8%A7.jpg?resize=478%2C299&#038;ssl=1\" alt=\"\" width=\"478\" height=\"299\" \/><\/a><\/h1>\n<h1><span style=\"color: #800000;\"><strong>An Iraqi banking delegation discusses in the United States opportunities for cooperation between the two parties<\/strong><\/span><\/h1>\n<p>An Iraqi banking delegation discussed with a number of banks and financial institutions operating in the United States of America opportunities for cooperation between the two parties.<\/p>\n<p>The Association of Iraqi Private Banks said in a press statement that &#8220;a delegation of 17 private banks, Rafidain Bank, industrial and executive director of the Association of Private Banks Ali Tariq and a number of advisers of the Association held a meeting at the Center for Strategic Studies in Washington with a US delegation including the US Treasury and US banks and OPEC And American financial institutions and a number of employees at the US Embassy and were during the meeting discussed the economy of Iraq and the challenges facing it.<\/p>\n<p>She added that &#8220;the meeting discussed the development in the Iraqi banking sector, especially in the past five years and strengthen cooperation with Arab and foreign banks in addition to plans for the reconstruction of liberated areas and development in the oil sector.&#8221;<\/p>\n<p><em><strong>Read more:\u00a0 \u00a0<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.dinarupdates.com\/blog\/\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.dinarupdates.com\/blog\/<\/a><\/span><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Mike (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0 Article:\u00a0 &#8220;<em>Abadi defends role of Iranian-backed paramiltaries at meeting with Tillerson<\/em>&#8221;\u00a0\u00a0Quote:\u00a0 &#8220;<em>In his opening remarks at the meeting with Tillerson, Abadi said Popular Mobilisation &#8220;is part of the Iraqi institutions,&#8221; rejecting accusations that it is acting as an Iranian proxy.<\/em>&#8221;\u00a0\u00a0\u00a0<strong>\u00a0These articles are the reality of Iraq right now, it ain&#8217;t pretty but it&#8217;s the facts.\u00a0<\/strong><strong>Abadi&#8217;s reluctance to remove the Iranians from Iraq is a huge indicator for who&#8217;s really in control of Iraq. Tillerson told them to go and Abadi told him to go pound sand. This article is an illustration for why we&#8217;re still sitting here waiting for Iraq to move towards an open market economy, it&#8217;s because they do what Iran tells them to do, not the US or EU.<\/strong>\u00a0Hopefully Iran will allow the Iraqi people to move towards an open market economy and things will change for the dinar, but in the meantime, articles like this help answer the question;<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">MilitiaMan\u00a0(Dinar Guru) &#8211;<\/span><\/strong>\u00a0 Article quote: &#8220;<em>Awaji Press learned from her sources that Prime Minister Dr. Haider Abadi is leaving Amman to Baghdad now<\/em>&#8221;\u00a0\u00a0<strong>\u00a0Nothing like putting the final touches on to an Iraq Marshal Plan..<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">MilitiaMan (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0 Article:\u00a0 &#8220;<em>US Treasury: We pay attention to the development of the private banking sector in Iraq<\/em>&#8221;\u00a0 Quote:\u00a0 &#8220;<em>The US Treasury announced on Friday that it is paying great attention to the development of the private banking sector in Iraq,\u00a0<u>indicating that it is optimistic about the opening of relations between Iraqi banks and US banks<\/u><\/em><u><em>.<\/em><\/u>&#8221;\u00a0\u00a0<strong>\u00a0&#8230;this is a grand slam! Connectivity to the UST.. &#8220;on set 1&#8221; Already started&#8230;<\/strong><br \/>\n______________________________________________________________<\/p>\n<h1><a href=\"https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/07\/iraqi-dinar-6-1.jpg?ssl=1\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"14181\" data-permalink=\"https:\/\/dinarupdates.com\/observer\/?attachment_id=14181\" data-orig-file=\"https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/07\/iraqi-dinar-6-1.jpg?fit=650%2C351&amp;ssl=1\" data-orig-size=\"650,351\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"iraqi-dinar-6\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/07\/iraqi-dinar-6-1.jpg?fit=640%2C346&amp;ssl=1\" class=\" wp-image-14181 aligncenter\" src=\"https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/07\/iraqi-dinar-6-1.jpg?resize=607%2C327&#038;ssl=1\" alt=\"\" width=\"607\" height=\"327\" srcset=\"https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/07\/iraqi-dinar-6-1.jpg?w=650&amp;ssl=1 650w, https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2017\/07\/iraqi-dinar-6-1.jpg?resize=300%2C162&amp;ssl=1 300w\" sizes=\"auto, (max-width: 607px) 100vw, 607px\" \/><\/a><\/h1>\n<h1><strong><span style=\"color: #800000;\">The Central Bank calls on the IMF to intervene in the file of correspondent banking district<\/span><\/strong><\/h1>\n<p>The governor of the Central Bank of Iraq on Sunday, the International Monetary Fund to intervene in resolving the issue of boycotting some of the global banks Correspondent with Iraqi banks, stressing Iraq\u2019s commitment to implement its program with the IMF.<\/p>\n<p>\u201cThe central bank appreciates the work of the International Monetary Fund team and the flexibility of the policy of advising, as it is important to reach this degree of flexibility and understanding of the exceptional Iraqi situation where it stands out,\u201d Al-Alak said in a speech during a meeting with the Director General of the International Monetary Fund and Central Bank Governors in Washington. The importance of this matter when it comes to balancing the financial situation with social considerations. \u201d<\/p>\n<p>\u201cIraq is appreciating if the Middle East section of the International Monetary Fund can provide best practices and facilities and dialogue with shareholders to address this issue as soon as possible,\u201d he said.<\/p>\n<p>\u201cDespite the difficult circumstances, the Iraqi government is committed to implementing its program with the International Monetary Fund,\u201d he said. \u201cI expect that the agreement will be reached on the third review under the program.\u201d He added that \u201cIraq, like other countries in the region, has a large number of refugees and displaced persons, And it is useful that the IMF\u2019s Middle East section provides assistance in assessing the economic impact associated with it. It is also important that this assessment be made clear in staff reports so as to give the international community an opportunity to provide assistance. \u201d<\/p>\n<p>\u201cIraq thanked the government and people of the Kuwaiti government for their valuable support for Iraq, including hosting the Iraq reconstruction conference in the coming months and thanked the IMF for the technical support it will provide to the conference itself,\u201d he said.<\/p>\n<p><em><strong>Read more:\u00a0\u00a0<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.dinarupdates.com\/blog\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.dinarupdates.com\/blog<\/a><\/span><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Adam Montana (Dinar Guru) &#8211;<\/span><\/strong>\u00a0 [<em>According to news outlets, Kurdish forces didn&#8217;t put up a fight for Kirkuk.\u00a0 It&#8217;s reasonable to assume that the Kurds didn&#8217;t put up a fight because Kirkuk is not within Kurdish Region of Iraq and\u00a0also because, in the past, Abadi said that the Iraqi government would eventually come back for Kirkuk<\/em>.]<strong>\u00a0\u00a0I believe the issue of &#8220;Kurdish Independence&#8221; has been successfully put to rest for the time being. The Kurds are certainly not in a position to successfully separate from Iraq,<u>\u00a0so they may as well open the doors to resolving Article 140 and the HCL, which is exactly what we are seeing<\/u>.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">G-Lin (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0 Article:\u00a0\u00a0 &#8220;<em>Saudi diplomat: The next stage will witness huge work with Iraq<\/em>&#8221;\u00a0\u00a0 Quote:\u00a0 &#8220;<em>The Saudi Royal Airplane arrived yesterday evening in Baghdad with a large Saudi delegation,\u00a0<strong><u>the largest after a 27-year break between the two countries<\/u><\/strong>, to participate more actively in the Baghdad International Fair in its 44th session, which begins on Saturday<\/em>.&#8221;\u00a0\u00a0\u00a0<strong>This is really a big deal<\/strong>.<strong>\u00a0It shows how much more progressive Abadi is versus Maliki.<\/strong>\u00a0Saudi is about 85-95% Sunni. Maliki hates Saudi.\u00a0<strong>It wouldn&#8217;t surprise me to see an invitation to the GCC extended to Iraq in the near future.\u00a0<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">BGG &#8211;<\/span><\/strong>\u00a0\u00a0 Article:\u00a0 &#8220;<em>Iraq Will Remain United\u00a0By HAIDER al-ABADI OCT. 18, 2017<\/em>&#8221;\u00a0 Quote:\u00a0 &#8220;<em>In June 2014, the cover of Time magazine echoed a sentiment common among pundits and outsiders: \u201cThe End of Iraq,<\/em>\u201d<em>\u00a0it read. I am proud to say that three years later, thanks to the Iraqi armed forces and the Iraqi people, these predictions were wrong<\/em>\u2026&#8221;\u00a0\u00a0<strong>\u00a0What is Abadi up to??\u00a0\u00a0 Why submit this to the NYT today??\u00a0 \u00a0Of all the times to be concerned with what the world thinks. It appears there may be much more riding on this than we can imagine.<\/strong><br \/>\n______________________________________________________________<\/p>\n<h1><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.alliraqnews.com\/uploads\/news\/image\/medium\/story_img_59eca6dc84ca4.jpg?resize=552%2C299\" width=\"552\" height=\"299\" \/><\/h1>\n<h1><span style=\"color: #800000;\"><strong>Tillerson describes the establishment of the Coordination Council between Iraq and Saudi Arabia job step<\/strong><\/span><\/h1>\n<p>The American Foreign Minister Rex Tillerson, Sunday, pleased to establish Iraqi-Saudi Coordination Council, describing the action as &#8220;important step&#8221; for both countries to strengthen Iraq&#8217;s relations with Arabic countries.<\/p>\n<p>Tillerson said at a joint press conference with his Saudi counterpart Adel Al-jubeir in Riyadh, &#8220;Coordinating Council as a step towards strengthening the Iraqi Government, which requires renewal of the historical relationship between Baghdad and neighbouring countries&#8221;.<\/p>\n<p>He said the Council would have a &#8220;great importance in promoting Iraq&#8217;s relationship with the rest of the Arabic countries.<\/p>\n<p><em><strong>Read more:\u00a0<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.dinarupdates.com\/blog\/\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.dinarupdates.com\/blog\/<\/a><\/span><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<h1><span style=\"color: #000000;\"><strong>Follow us on twitter @DinarUpdates !!<\/strong><\/span><\/h1>\n<h2 style=\"text-align: left;\"><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)\" src=\"https:\/\/i0.wp.com\/www.dinarupdates.com\/blog\/wp-content\/uploads\/2014\/03\/images-11.jpg?resize=133%2C130\" alt=\"follow Dinar Updates on twitter\" width=\"133\" height=\"130\" \/><\/a><span style=\"color: #ff0000;\">Dinar Updates \u00a0&#8211; \u00a0Q &amp; A Call \u00a0&#8211;\u00a0 from BGG &amp; Company &#8211; Oct. 20th &#8211; 8:00 PM \u00a0CST 641-715-3639 pin #528733<\/span><\/strong><\/h2>\n<h2 style=\"text-align: center;\"><em><strong><a href=\"https:\/\/d.pr\/ARQwdw\">10\/20 &#8211; Recorded Call Replay Link<\/a><\/strong><\/em><\/h2>\n<p>______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">G-Lin (Dinar Guru) &#8211; <\/span><\/strong>\u00a0\u00a0 Article:\u00a0 &#8220;<em>An Iraqi banking delegation discusses in the United States opportunities for cooperation between the two parties<\/em>&#8221;\u00a0 \u00a0\u00a0&#8230;it has been a good news week.<strong>\u00a0The meetings in N.Y and Ali sitting down with the U.N. was historic.\u00a0 A first.\u00a0 Iraq is a very important country to the entire world.\u00a0 That tells us a lot.\u00a0<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">\u00a0Kaperoni (Dinar Guru) &#8211; <\/span><\/strong>\u00a0\u00a0 Article:\u00a0 &#8220;<em>Iraq announces the electronic gate near the completion of the infrastructure and the launch of commercial services building<\/em>&#8221;\u00a0 Quote:\u00a0 &#8220;<em>The scope of its work, issuing prepaid cards through the global payment companies, owning and deployment of payment points and ATM network as well as providing various services to banks and facilitate the payment of bills and collection process<\/em>.&#8221;\u00a0 \u00a0<strong>I hate to say it but this seems like a work a round (using prepaid cards) from the goal of opening the banking system to the worlds financial system.\u00a0 Time will tell.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Adam Montana (Dinar Guru) &#8211; <\/span><\/strong>\u00a0\u00a0 Article:\u00a0 &#8220;<em>Oil stabilizes with support from supply contraction and expectations of an OPEC extension<\/em>&#8221; \u00a0 Quote:\u00a0 &#8220;<em>Oil prices held steady on Thursday, supported by continued OPEC-led output cuts and tensions in the Middle East, as well as a drop in US production due to hurricane closures<\/em>.&#8221;\u00a0\u00a0\u00a0<strong>Semantics are everything sometimes&#8230; such as here.\u00a0 &#8220;supported&#8221; &#8211; not demanded or mandated.\u00a0 &#8220;OPEC-led&#8221; &#8211; This is HUGE.<\/strong>\u00a0 OPEC is leading this initiative, this agreement, this voluntary agreement.<strong>\u00a0 Iraq is still free to break the mold, RV and sell a gazillion barrels tomorrow to fill their coffers and support the increase in exchange.\u00a0<\/strong>It&#8217;s going to cause a little disturbance in the world, but 2 days later Iraq (or the PTB in Iraq) simply pretends to apologize (that&#8217;s how it works!) and 5 days later the world adjusts and we move on.<\/p>\n<p>______________________________________________________________<\/p>\n<h1><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/static01.nyt.com\/images\/2017\/10\/19\/opinion\/19Abadi\/19Abadi-master768.jpg?resize=400%2C349&#038;ssl=1\" width=\"400\" height=\"349\" \/> <span style=\"color: #800000;\"><strong>Iraq Will Remain United<\/strong><\/span><\/h1>\n<p><strong>By HAIDER al-ABADI OCT. 18, 2017<\/strong><\/p>\n<p><strong>BAGHDAD \u2014<\/strong> In June 2014, the cover of Time magazine echoed a sentiment common among pundits and outsiders: \u201cThe End of Iraq,\u201d it read. I am proud to say that three years later, thanks to the Iraqi armed forces and the Iraqi people, these predictions were wrong&#8230;<\/p>\n<p><em><strong>Read More:\u00a0<a href=\"http:\/\/www.dinarupdates.com\/showthread.php?54989-Iraq-Will-Remain-United&amp;p=179863#post179863\">http:\/\/www.dinarupdates.com\/showthread.php?54989-Iraq-Will-Remain-United&amp;p=179863#post179863<\/a><\/strong><\/em><\/p>\n<h2><span style=\"color: #0000ff;\"><em>BGG ~ That is right Bobby (and thank you &#8211; BTW). What is Abadi up to?? Why submit this to the NYT today?? Of all the times to be concerned with what the world thinks. It appears there may be much more riding on this than we can imagine.<\/em><\/span><\/h2>\n<p>______________________________________________________________<\/p>\n<p><span style=\"color: #800000; font-size: x-large;\"><b>Post RV Checklist (it&#8217;s getting to be that time!! Listen up!!)<\/b><\/span><\/p>\n<p><span style=\"font-size: large;\"><b>Dos and Don&#8217;ts of Windfall Wealth:<\/b><\/span><\/p>\n<p>Treat it like a PowerBall win<\/p>\n<p>&#8211; Tell no one, not even family. If you must talk, do so with one who is already in the know.<\/p>\n<p>&#8211; Don\u2019t run out &amp; buy new \u201cstuff\u201d. People notice.<\/p>\n<p>&#8211; Get an unpublished number and give it out very sparingly.<\/p>\n<p>&#8211; 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&#8230;<\/p>\n<p><em><strong>Read Complete List:\u00a0<a href=\"http:\/\/www.dinarupdates.com\/showthread.php?18519-The-Post-RV-Checklist-and-Flashback-documents&amp;p=128477#post128477\">http:\/\/www.dinarupdates.com\/showthread.php?18519-The-Post-RV-Checklist-and-Flashback-documents&amp;p=128477#post128477<\/a><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<h2 style=\"text-align: center;\">If you found this blog, our website or chats helpful \u2013 Forward it to a friend!! We couldn\u2019t do it without you!! Thanks \u2013 BGG!!<\/h2>\n<h2 style=\"text-align: center;\"><a href=\"http:\/\/www.dinarupdates.com\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">www.DinarUpdates.com<\/a><\/h2>\n","protected":false},"excerpt":{"rendered":"<p>IRAQI SECURITY FORCES PIVOT FROM OFFENSIVE WARFARE TO COUNTER INSURGENCY On November 17th, 2017, the Iraqi Army\u2019s 7th and 8th Divisions crossed the Euphrates at 7:30 a.m. local time and stormed the town of Rawa in Western Anbar. 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