{"id":14842,"date":"2017-12-15T09:16:53","date_gmt":"2017-12-15T15:16:53","guid":{"rendered":"http:\/\/www.dinarupdates.com\/observer\/?p=14842"},"modified":"2017-12-15T10:40:19","modified_gmt":"2017-12-15T16:40:19","slug":"dinar-observer-daily-december-14th-3","status":"publish","type":"post","link":"https:\/\/dinarupdates.com\/observer\/?p=14842","title":{"rendered":"DINAR OBSERVER DAILY December 15th"},"content":{"rendered":"

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Resolving Erbil-Baghdad Crisis \u201cBig Priority for US\u201d: National Security Advisor<\/strong><\/span><\/h1>\n

ERBIL \u2014 National Security Adviser to the US President, H. R. McMaster, said on Wednesday that finding a solution to the disputes between Erbil and Baghdad is \u201ca big priority\u201d for Donald Trump\u2019s administration.<\/p>\n

Speaking at an annual conference of the Jamestown Foundation, McMaster explained that Washington has been assisting Kurds since 1991 with Operation Provide Comfort (OPC), hoping to protect them from atrocities carried out against them.<\/p>\n

\u201cWhat happened?\u201d McMaster asked. \u201cYou saw the Kurdish Region flourish.\u201d<\/p>\n

He valued the developments in Kurdistan Region and said, \u201cIt\u2019s a miracle, almost, what happened in Northern Iraq in terms of beautiful cities in Sulaimani, Erbil, and Dohuk.\u201d<\/p>\n

\u201cWe think an important aspect of Iraq being strong is resolving this conflict and tension between the Kurdish Region and the rest of Iraq,\u201d he said, as reported by Kurdistan24. \u201cSo we\u2019re committed to that.\u201d<\/p>\n

\u201cWe are committed to the territorial integrity of Iraq and also the territorial integrity of the Kurdish Region\u2026 We are committed to work together with the Kurdish leadership [and] the Iraqi leadership to mediate the best we can.\u201d<\/p>\n

Read more:\u00a0http:\/\/www.dinarupdates.com\/blog\/<\/a><\/span><\/strong><\/em><\/p>\n

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Follow us on twitter @DinarUpdates !!<\/strong><\/span><\/h1>\n

\"follow<\/a>Dinar Updates \u00a0– \u00a0Q & A Call \u00a0–\u00a0 with BGG from Dec 12th –\u00a0 8:00 pm Conference Call Phone # 641-715-3639 pin #528733<\/span><\/strong><\/h2>\n

12\/12 – Recorded Call Replay Link<\/a><\/strong><\/em><\/h2>\n

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The Central Bank strengthens banks in local currencies of small groups<\/strong><\/span><\/h1>\n

Baghdad \/ Al-Ghad Press:<\/strong> Called the Central Bank of Iraq on the need to maintain the local currency, pointing to the strengthening of local banks in local currencies of small groups.<\/p>\n

A source from the Central Bank of \u201cAl-Ghad Press\u201d, said on Tuesday that \u201cthe bank calls for the preservation of the local currency and the strengthening of banks with small groups of local currency,\u201d pointing out that \u201cthe printing of the Iraqi currency and replace them cost amounts,\u201d calling on citizens to maintain and maintain Bank notes when trading \u201c.<\/p>\n

He revealed that \u201cthe Central Bank has announced a tender for the printing of new banknotes (small categories) in the printing companies of the world.\u201d<\/p>\n

Read more:\u00a0\u00a0http:\/\/www.dinarupdates.com\/blog\/<\/span><\/a><\/strong><\/em>
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Expert: The adoption of quality systems contributes to the success of the campaign of construction and reconstruction<\/strong><\/span><\/h1>\n

Praised the directions of Dr. Abadi to promote the Iraqi economy<\/p>\n

According to an economist, the adoption of quality systems and the foundations of management development contribute to improving production and pushing the economy, especially as this step will enhance the confidence of consumer, producer and investor. The national campaign for building, in the country.<\/p>\n

The expert Raed al-Ameri told “Al-Sabah”: “The quality systems, whether production or management, or even supply, is important and contribute to the strengthening of confidence locally and internationally, and Iraq after 2003 sought and worked to expand these systems.” He called for “working to expand the base of quality management and systems, to achieve the objectives of the plans and strategies in raising the rates of growth and achieve sustainable development and the adoption of the public and private sectors, noting that Iraq is planning to start a major national campaign in 2018 in the areas of construction, reconstruction and investment, Will shape Iraq’s future image with victory over calling. ”<\/p>\n

Read more:\u00a0\u00a0http:\/\/www.dinarupdates.com\/blog\/<\/a><\/span><\/strong><\/em>
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Conference of financial victory<\/strong><\/span><\/h1>\n

The third annual conference of the Central Bank of Iraq was held in Baghdad under the slogan “Towards achieving sustainable financial and economic stability” and with the distinguished presence of Governors, Ambassadors, representatives of the Union of Arab Banks, Arab experts and officials from the Secretariat of the Council of Ministers. The conference discussed four specialized and specialized sessions, focusing on the role of the Central Bank in achieving financial and economic stability through the real sector and monetary policy in Iraq and facing the double shock of security and economy. To formulate structural and structural policies and procedures to achieve the strategic objectives of the Central Bank (2016-2020) in achieving financial coverage and developing means and means of investment in human capital and access to financial merit of Iraqi banks.<\/p>\n

Read more:\u00a0 \u00a0http:\/\/www.dinarupdates.com\/blog\/<\/a><\/span><\/strong><\/em><\/p>\n

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MilitiaMan (Dinar Guru) –<\/span>\u00a0\u00a0<\/strong>Article:\u00a0 “Saleh: There are question marks on mechanisms to convert foreign currency to Iraq<\/em>”\u00a0 \u00a0\u00a0When Saleh talks about the safest way to secure payment methods at this juncture in time, is serious information.\u00a0The\u00a0documentary credit<\/u>\u00a0[reference post 2] is looking to be the way he is going to protect that long line.\u00a0It is an assurance that the importer has complied with standards that are acceptable for international trade.\u00a0This is setting the stage for what is expected and that is a level playing field in an international setting that requires transparency and a stable currency at a stable price<\/u>.<\/strong>\u00a0 Bye bye program rate! imo~\u00a0Chapter 7 was lifted on the 8th of December from the article I read.. Imo\u00a0That was a go time<\/u><\/strong>! wink wink wink The twins were born.. lol ~\u00a0 [post 1 of 2….stay tuned]
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\u00a0MilitiaMan (Dinar Guru) –<\/span>\u00a0<\/strong>\u00a0“The documentary credit is one of the most secure payment methods in international trade, offering the exporter a conditional payment guarantee from the importer\u2019s bank<\/strong>.\u00a0\u00a0Documentary credits usually require the presentation of certain documents, which must be complied with before payment can take place. You must be aware that banks examine the documents only with respect to the documentary credit and do not look at contracts, agreements or the condition of the goods.”\u00a0\u00a0 [post 2 of 2]
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Iraq emerges from Chapter VII and the “oil for food”<\/strong><\/span><\/h1>\n

Iraq ended Saturday with a decision by the Security Council to withdraw from Chapter VII of the oil-for-food program imposed on it since the 1990s.<\/p>\n

\u201cIraq has regained its normal status and international standing,\u201d Foreign Ministry spokesman Ahmad Mahjoub said in a statement, adding that his country had completed all commitments to the program after a series of diplomatic successes.<\/p>\n

According to the Security Council resolution that \u201ccompleted the efforts of Iraq to end its files from the era of the former regime,\u201d he ended his obligations under Chapter VII on the oil-for-food program, after he carried out in full.<\/p>\n

In 1996, the United Nations imposed the $ 64 billion oil-for-food program to enable Iraq, besieged by timely international economic sanctions, to sell certain quantities of its oil and buy basic necessities.<\/p>\n

Read More: http:\/\/www.dinarupdates.com\/showthread.php?55665-Iraq-emerges-from-Chapter-VII-and-the-quot-oil-for-food-quot<\/a><\/strong><\/em><\/p>\n

BGG ~ Obviously, this is very big news, however…<\/em><\/span><\/h2>\n

Is Iraq being FULLY removed from the UN Ch 7 Charter (as in – all UNSC oversight)?<\/em><\/span><\/h2>\n

(BTW – the sanctions and “the UNSC Charter” may well be two related but different functions)<\/em><\/span><\/h2>\n

The wording is still a bit murky for me…<\/em><\/span><\/h2>\n

There are some “tensing”, translation and direct reference issues I would like to see cleared up.\u00a0<\/em><\/span><\/h2>\n

It’s not entirely clear they are officially clear of Ch 7 entirely. In many of the articles and interviews, it appears (to me) as though this is referring to the Oil-for-Food program as an individual issue… apart from the UNSC overall function.<\/em><\/span><\/h2>\n

I have said repeatedly – I’m not sure they will release Iraq from their UNSC Ch 7 oversight anytime in the near future. This would greatly limit the UN’s ability to come and go (within Iraq’s borders) as they see fit.<\/em><\/span><\/h2>\n

Though the UN appears to be pushing Iraq forward rapidly, I am dubious they give up a big tool in their fight against terrorism in the region.<\/em><\/span><\/h2>\n

Does Iraq have to be fully released from the UN Ch 7 charter (the protection portion) to progress to where we would like them to? I believe not. JMHO.<\/em><\/span><\/h2>\n

Worst case – they are released from the Oil-for-Food portion of the UN Ch 7 sanctions – which is the last of the active CH 7 sanctions and allows them to sell oil more freely on the open market. Great. Huge move forward.<\/em><\/span><\/h2>\n

I am going to be somewhat reserved until a official U.N. announcement of a full release from CH 7.<\/em><\/span><\/h2>\n

It’s also curious how they managed to hold an international bond offering without this previously and were successful??<\/em><\/span><\/h2>\n

My advice – NO MATTER WHAT… calm down. There is an extraordinary amount of jumping from A to B to Z in the community right now. None of the assumptions have to be correct. Relax – wait for the facts.<\/em><\/span><\/h2>\n

Don’t add to the “internet hysteria” going on right now…\u00a0<\/em><\/span><\/h2>\n

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