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DINARESGURUS.BLOGSPOT.COM_________________ _______

Friday, August 24, 2012

DINAR GURUS UPDATE, 24 AUGUST

8-23-2012  Newshound Guru Adam Montana  I don't see our November election being a major factor - an RV of any size will be beneficial for either candidate, for every country in the world, for the entire global economy, etc. With Ramadan being over, YES I am getting credible feedback that things are moving forward, and it almost seems that things are moving faster than ever - but as always, don't count the chickens before they're in the coop. Things are moving, I'm getting great feedback, but we can't cash in yet...so we wait.  [Post 4 of 7...stay tuned!!] 

8-24-2012  Intel Guru Tony   Got a phone call yesterday, everyone's happy, banks seeing movement, just waiting for it to go to the tellers, everyone  is getting excited...I got a call from Iraq...said it should be happening...Something is planned for Sunday...they're pushing, they want this to happen now...I'm just telling you what I heard.  Heard yesterday that on Iraq TV they were showing coins & lower denoms.  Could be Sunday. Or before. Things are going forward. They are planning it.  They're excited over there about tonight, tomorrow, Sunday.

8-24-2012  Intel Guru ArizonaHeat    things are doing fine as far as the RV is concerned, Shabs was in meetings with IMF and the BIS in reference to the lower and higher denoms working side by side, should be implemented soon Maliki has NOTHING to do with this AT ALL.  No other news other than no rate has been issued and those who claim they see a rate at the banks are seeing a rate generated by the bank...the IMF and BIS have not released ANYTHING.

8-24-2012  Newshound Guru Mike    the tide is turning against Maliki in a very big way and in a very international way - that's HUGE....he took so long to make his decision that it looks like those decisions are going to be made for him very shortly. Parliament is going to be back in session shortly -- lots of things that need to get done very quickly - they will get them done - the crisis is in their back yard.  Talabani will be returning but when he returns things will get done...he is the President - he will enact the things he needs to enact - its always been my position that he got out of the picture until these things were worked out - now that it is being worked out - he will be back to put the finishing touches on this...it is all good news.

8-24-2012  Newshound Guru Med   RIGHT NOW THERE IS NOTHING TO MAKE ME THINK IT IS NOT GOING TO HAPPEN IN 2012, NOTHING.   NOW REMOVAL OF THE ZERO'S REMEMBER IT IS, HOW DO YOU SAY,  BEEN SUGGESTED EVEN BY SHABIBI  A ONE TO ONE  BUT THE REMOVAL OF THE ZERO'S  DOES NOT NECESSARILY HAVE TO COME OUT THAT HIGH.   ...I HAVE NOTHING...TO SAY THIS IS GOING TO HAPPEN.  IF YOU WANT THE TRUTH...JUST PAY ATTENTION TO SHABIBI.   HE DOES NOT USE DOUBLE TALK OR FALSE RHETORIC  OR TRY TO USE SMOKE IN HIS CONVERSATIONS.

8-24-2012  Intel Guru Hammerman   I have solid info that Talabani will be in country between Thursday and Saturday and that they expect a revaluation before next Tuesday.  The National Conference has taken place months ago & info from high ranking officials states that we could hear an official announcement on Sunday.  Does this mean it will definitely happen - no it doesn't...this means that things are getting in a very solid position for something to take place.  There are events going on out west with China, the U.S. and the IMF..they are discussing whether China can support the VND.  We will all be [surprised] when we hear the RV rate of the VND.  I have been hearing $.30 to $.65 for the VND.  There is an abundant of talk of an RV between the 28th and the 3rd, but don't take this to the grave.  Info is very exciting.

8-24-2012  Newshound Guru Adam Montana  They have more "holidays" than I can even remember at most times, but Ramadan is the one major holiday during which nothing seems to get done. Now that it's over, I don't see any major roadblocks.  The GOI is in a good position to pull this off, so at this time I am waiting on HCL or Chapter 7 news. That's pretty much the last thing that needs to be done!    [Post 3 of 7...stay tuned!!] 

8-24-2012  Intel Guru Footforward    There's a lot of smoke out there again...there will not be a LOP.  I am looking for this to happen this month, by the 1st of Sept. or the first week.  I don't have a reason why it shouldn't, but there are people that want it to go later.  Shabibi has all intentions to put the lower denoms & the coins out by Sept. 1.  He is planning on going forward and having the RV by Sept. 1.  We are praying that's how it goes.  I believe that Biden is going there & I don't believe it's to talk about Iran or Syria.  They are making a push for this to go Sept.1.  If it doesn't go by the 1st, they will just be on standby.

BLUEDOG CHAT, 24 AUGUST


Article from [Bluedog] that he asked me to share with the chat room: Then following  are more articles with  links and comments

Obama in his first visit to Baghdad  Date: Friday 24/08/2012 02:09 pm    
  
BAGHDAD - A citizen

The possibility Obama's visit to Iraq .. a telephone conversation between Clinton and Zebari to coordinate the visit

A statement from the Iraqi Foreign Ministry issued Thursday: Foreign Minister Hoshyar Zebari received on Wednesday a phone call from Hillary Clinton and U.S. Secretary of State in search through a number of bilateral issues between the two countries, particularly visits and meetings to come, and the upcoming visit of the delegation of senior U.S. to Baghdad.
  The statement said also during the call, discuss the status of Syrian refugees and Iraqi and international efforts to provide humanitarian aid and assistance required.

And was also an exchange of views and consultation on Iraq's regional relations and the repercussions of the Syrian crisis on the conditions of the neighboring countries.

It was also emphasized that Iraq did not support regional interventions in the Syrian situation and oppose the militarization of the conflict, and it was agreed that continuing communication and consultation between the two sides.

Observers likely that U.S. President Barack Obama or Vice President Joe Biden visited Iraq shortly after the success of the visit of the President of the U.S. Chiefs of Staff Gen. Dempsey and which lasted limited hours   LINK

Biden will visit Baghdad soon, accompanied by security experts and policy

LINK

[Bluedog]: "Iraq is excluded from the sanctions imposed on Iran, under Article 50 of the Charter of the United Nations in order to ensure transparency   LINK
  [Bluedog]  President Jalal Talabani has called for the weekend political forces to an emergency meeting after the holiday to resolve political differences.

LINK

 Bluedog: now its a EMERGENCY lol

  [Bluedog] Call to modify the security agreement with the U.S.  LINK

[Bluedog] Freedom of movement of funds to and from Iraq and its impact on the economy    LINK

Bluedog: Central Bank announces increase the foundation's annual inflation for the month of July to 140.7%  LINK

TONY POST, 24 AUGUST

8-24-2012 Tony (PTR): I got a call and some texts from Iraq. This thing should be happening. They are planning something for Sunday like the schedule said. They are pushing, pushing, pushing. They want this to happen NOW. They are doing it. I am just telling you what I heard. 

He said stay close by your phone. This is not coming from the banks; this is coming from Iraq. We heard yesterday that it was scrolling across the television screens. They were showing the coins. They were showing the new lower denominations. I was told it was in an infomercial format explaining to the people how it is going to work. That’s what I would do if I was going to make an announcement on Sunday or even next week. You give them time to learn. It may not be Sunday. 

It might be before Sunday or go into Sunday because there are a lot of things scheduled for Sunday. So I know it is happening. There has been a change in the Iran situation today. There has been a change in the Syrian situation today where somebody has come into our belief now that wasn’t before. Everybody is playing kind of nice so we should see some things happening.

MED CHAT, 24 AUGUST


Med (8:34 PM): HEY DS

      Med:    OK TAKE A SEAT  SIT ON YOUR HANDS    PLEASE    I GOT A TEXT TODAY    FROM A PERSON WHO PROBABLY IS LIKE A MOM TO ME    ALSO HAS DINAR    AND HAS BEEN STEAD FAST ON IT ENDING    BUT    SHE SAID SOMETHING IN THE TEXT THAT BOTHERED ME    THEY PEOPLE WERE BECOMING DISILLUSIONED    AND THE TIMELINES    ARE TAKING A TOLL    IS THERE ANY THING I CAN SAY    TO KEEP THE HOPE UP

    I SAID YES    I WILL NOT SELL ONE MORE DINAR    SHE SAID    THAT MADE HER FEEL BETTER    AND MORE CONFIDENT    BUT    I WAS LIKE    WHY IS ANYONE BECOMING DISILLUSIONED    SPECIALLY AFTER ALL THESE YEARS

    NOW I TALKED TO TUDOR    TODAY ABOUT THIS ALSO    I GAVE HER A BUZZ
     tudor:    Med personally I think you and MM17 do a great job of keeping us informed. The news from Iraq is so undependable, but, it will come about and before much longer. We will have the RV, I am sure of it!

    Med: THANKS HON

    tudor: and yes you BUZZED me

    Med;    NOW I KNOW IT ISNT YOU TUDOR    BUT YOU KNOW

    tudor: hahahaha

    Med:    THERE ARE MANY WHO ARE ON THE EDGE    OR LEDGE    I AM NOT ONE    I TOLD TUDOR    THINK ABOUT WALLSTREET    OR THE MARKETS    FOR EVERY PERSON WHO MAKES A BUNDLE    I BET DOZENS LOST THEIR ARSS

    MY BUDDY    WHO WE BOUGHT THE HOUSE FROM    I TOLD YOU ALL ABOUT 18 MONTHS AGO    HE MADE 180 K    ON GOLD    BUT WHAT I DIDNT TELL YOU    WAS IN THE LAST 30 YRS OF INVESTING    HE LOST OVER 3 MILLION

    tudor: ouch

    Med:    AND IN MOST INVESTMENTS    PEOPLE ARENT THIS CLOSE    AS WE ARE    WHY    WE DO ALL THE RESEARCH    ALL THE INTERPRETTING    WE ALL ON THIS SITE    ARE THE SCOTT TRADES    AND EF HUTTONS

    Brewbaby: we have had good teachers

    Med:    WE ARE NOT JUST INVESTORS    I DIDNT MEAN ME JUST BREW

    tudor: and good researchers

    Med:    I MEANT YOU    AND ALL ON HERE    WHO FINDS MORE CRAP THAN GUARDIAN    I MEAN IT    HEY IF YOUR HUSBAND RAN OFF    ASK HER    SHE WILL FIND HIM    I GUARANTEE IT

    Brewbaby: good one

    Med: lol

    Ranjoesgirl: lol

    tudor: hahaha

    Mountainman: lol

    guardian: lol

    Med:    AND WHEN PEOPLE HAVE BEEN IN TROUBLE    DID WE NOT COME TO THE AID OF DOZENS    TO HELP THEM OUT

    tudor: amen

    Med:    NO OTHER INVESTMENT COMPANY WOULD DO THAT    YOU LOSE    TOUGH CRAP

    Brewbaby: I know for me it is the roller coaster, it seems we see the light and then we go down another dark tunnel

    Med:    I AGREE BREW    BUT LIKE THE SONG SAYS

    tudor: but there is always another light

    Med:    NOONE PROMISED YOU A ROSE GARDEN    LOL

    Brewbaby: darn

    tudor: good one

    Med:    THIS IS ONE *****  OF AN INVESTMENT    AND I GUARANTEE    YOU WILL NEVER SEE ME DO ANYTHING SO STUPID AGAIN    IN MY LIFE

    tudor: hahahaha, but this is fun dont ya know

    Big: Everyone will have earned every penny they make on this investment!

    Med:    IT HAS BEEN    YES BIG    EVERY SINGLE ONE    I TOLD TUDOR

    guardian: it's life consuming and we only have one life

    Med:    I THINK THE REASON SOME ARE GETTING SO NERVOUS    IT IS GUARDIAN    SO TRUE

    calldinar: Me neither..but I know we will all be winners!!

    Med:    IS WE REALLY ARE COMING TO THE END    AND WHO ISNT RIGHT NOW THINKING

    tudor: oh yes we are !

    Med:    OK I AM NOT SURE I WANT IT TO END    CUZ WHAT IF

    W8n2cashin: almost home

    Med:    WHAT IF    I TOLD TUDOR    I HAVE THOSE THOUGHTS    WHAT IF    RIGHT NOW

    tudor: what if should not be in our vocabulary

    Med:    AT THIS MOMENT IN TIME    CAN ANYONE GIVE ME A REASON THAT WE SHOULD NOT BELIEVE THE INFORMATION THAT WE HAVE AS FACT    THAT WE KNOW THEY WILL RELEASE THE NEW DENOMS    IN JAN    THAT THEIR INTENTIONS    ARE TO REMOVE 3 ZERO'S

    Brewbaby: I keep waiting for the rug to be pulled out from under me

    Med: FROM THE NOMINAL VALUE

    tudor: nope not me, I believe!!!!

    Med:    THAT IS KIND OF WHAT I MEANT BREW    GOOD ANALOGY

    calldinar: me too

    Med:    AND IT IS EASY TO UNDERSTAND WHY    WE ARE FOR THE MOST PART    NORMAL    THOUGH AFTER THIS    I DOUBT I AM

    Brewbaby: we all need shrinks

    tudor: or me

    Med:    WE WATCH THESE VILLAGE IDIOTS    WHO RUN IRAQ

    tudor: I nailed my rug down

    calldinar: lol

    Med: DO THE MOST OUTLANDISH THINGS

    Brewbaby: haha

    Big: And they seem to get away with it

    Med: AND WE ALL SIT HERE WITH OUR JAWS DROPPED

    lmdinar: not shrinks...drinks

    Med:

    YES

    THEY DO

    guardian: i'm giving it a benefit of a doubt with the end date of Jan 2013, then i don't know if i want to live this day by day maybe month by month l o l

    Med:    I AGREE GUARDIAN    I DONT WANT TO EITHER    WE RODE THIS HORSE IN 09

    Brewbaby: I think that is the part that is so hard, we see Parliament doing all these votes, and readings, then we hear CBI about what they are doing, and then we hear about DA Maliki and the things he is pulling, and we wonder will it ever end

    calldinar: I agree too

    Med:    AND THEY EVEN RELEASED THE RATE    REMEMBER    BECAUSE A BANKER    IN FRANCE    LEAKED IT

    Ranjoesgirl: yes, I remember that

    guardian: yes

    calldinar: yep

    Med: IT WAS ON FOR 24HRS

    tudor: then poof!

    mike barone: yep

    Med: YUP

    lmdinar: 5.26?

    Med: NO

    shriner5: I remeber

    Med: LOL

    shriner5: 1.46

    Med:    NOW RIGHT NOW IT LOOKS LIKE WE    THE U.S.    HAVE LET MALIKI KNOW    UNDER THE SFA    THE U.S. HAS AN OBLIGATION    TO SEND TROOPS INTO IRAQ    TO HELP IMPROVE SECURITY    I LIKE THAT    HAS A GOOD RING TO IT    TELLS ME    THAT HE TOLD MALIKI    HELP IRAN AGAIN    AND WE WILL BREAK A BAT OFF IN YOUR *****

    Brewbaby: But, will that be what he wants or needs to stop the RV and keep stalling it until he gets all that he wants and more?

    Med:    I DONT THINK SO    IT SEEMS THAT    THERE WAS ANOTHER MOMENTUM SHIFT HERE    FIRST THE LIST AND KURDS    AND SADRISTS    HAD MOMENTUM    THEN THEY BLEW IT

    THEN IT SEEMED MALIKI HAD IT ALL   THEN    IRAN    AND THAT THERE GANG    IS THE KISS OF DEATH    FOR A MALIKI GOVT    IF HE DOES NOT BACK OFF    WE ARE NOT THE ONLY ONES    AGAINST THE IRAQ/IRAN TIES    THE ENTIRE GCC    IS AGAINST IT

    W8n2cashin: yup

    Med:   AND THEY DO NOT WANT IRAQ REMOVED FROM CHAPTER VII    AS LONG AS THEIR IS A HINT OF IRANIAN INFLUENCE    AND MALIKI SMELLS LIKE HE HAS BEEN SWIMMING IN PIG FAT RIGHT NOW    THIS I THOUGHT AT FIRST    WAS BAD    THEN    WHEN I SAW SADR    COME OUT AGAINST IT    SAYING WE CANNOT DO BUSINESS WITH IRAN    WHO IS UNDER SANCTIONS    AND US UNDER VII    I REALIZED THAT OUR INVESTMENT IS NOT HURT    BUT AGAIN WE TOOK OUR EYES OFF SOME REALLY IMPORTANT STUFF

    Brewbaby: Plus he saw all the $$$$ going into Iran that should have been spent on the Iraqi people

    Med:    REMEMBER I SAID THE CLOSER WE GET    THE MORE AND MORE AGAINST CBI AND ITS EMPLOYEES    THE RHETORIC WOULD BE    AND IT IS BAD RIGHT NOW    I MEAN THEY HAVE BEEN ACCUSED OF JUST ABOUT EVERYTHING    BY THE NA    INCLUDING HAVING **** *** ****     I MEAN IT IS OUTRAGEOUS    BUT    IT IS A PLUS

    tudor: Shabibi is very strong

    Med:    IT IS HUMAN NATURE    TO GIVE IT THAT LAST EFFORT    AND I SEE IT    NOW

    AGAIN HEY READ THE ARTICLES PUT OUT BY SALEH    BUT DO NOT TAKE THEM TO HEART    IF YOU WANT THE TRUTH    ACCORDING TO GARP    JUST PAY ATTENTION TO SHABIBI    HE DOES NOT USE DOUBLE TALK    OR FALSE RHETORIC    OR TRY TO USE SMOKE    IN HIS CONVERSATIONS

    AGAIN    RIGHT NOW THERE IS NOTHING TO MAKE ME THINK IT IS NOT GOING TO HAPPEN    IN 2012    NOTHING    NOW REMOVAL OF THE ZERO'S REMEMBER    YES IT IS HOW DO YOU SAY    BEEN SUGGESTED EVEN BY SHABIBI    A ONE TO ONE    BUT THE REMOVAL OF THE ZERO'S    DOES NOT NECESSARILY HAVE TO COME OUT THAT HIGH    SO JUST REMEMBER THAT    AND JUST IN CASE    AND I HAVE NOTHING    I MEAN NOTHING TO SAY THIS IS GOING TO HAPPEN

    W8n2cashin: laddered maybe

    Med:    COULD BE    ANYTHING W8    IS POSSIBLE    BUT IF I CAN SUGGEST    TRIM DOWN YOUR WISHLIST    TO FIRST    JUST GETTING YOUR LIVES BACK ON TRACK    GETTING RID OF DEBT    BRINGING IN MORE REVENUES    FOR YOU TO LIVE    BY PAYING OFF LOANS    AND DEBTS    THINK BEFORE YOU BUY AN 18,000 SQ FT HOME    OR A JAG    OR BMW    THIS IS A ONCE IN A LIFETIME SHOT    AND IF WE HIT THE JACKPOT    YOU WONT GET ANOTHER CHANCE IF YOU BLOW IT

    rowboat: there goes my hatterus

    Med: LOL

    Big: Great advice, or maybe a new riding lawn mower

    debE: paying off debts is what I originally got into this for

    tudor: Med this has been a fantastic, uplifting chat! No doubt we are closing in on the end. Thanks you very much!

    mike barone: thanks for the great chat

    Mountainman: I'm buying Keebler's cookie factory... lol

    Med:    YW    I APOLOGIZE I DIDNT DO IT EARLIER    I HAVE BEEN SO BLOODY BUSY

ARIZONAHEAT CHAT, 24 AUGUST

[ArizonaHeat] things are doing fime as far as the RV is conmcerned, shabs was in meetings with IMF and the BIS in refrence to the lower and higher denoms working side by side, should be implimented soon

[ArizonaHeat] maliki has NOTHING to do with this AT ALL

[wisewarrior] ArizonaHeat woot woot

[ArizonaHeat] problems with borders in the area

[catalina36] ArizonaHeat ty for the info so much would like to hear more

 [ArizonaHeat] but being handled

[ArizonaHeat] no other news other than no rate has been isued and those who claim they see a rate at the banks are seeing a rate generated by the bank

[ArizonaHeat] the IMF and BIS have nat released ANYTHING

[dietcokeandice] ArizonaHeat you said Seept and durn it look like it huh

[ArizonaHeat] dietcokeandice yup

KEYLIME, ROCKFL,GOODLIFE & MIKE POST, 24 AUGUST

8-24-2012 Keylime: The Iraqi dinar was ARTIFICIALLY devalued when Sadam attacked Kuwait, therefore it went from $3.22(and no that wasnt just Sadam's rate) back in the 1980's to less than it even is now...which means it can be REVALUED over 100% at anytime to give it back its former "glory" so to speak. #2: they have stated that the current zero notes will be good for another 10 years of exchange (so demonetizing the "old" currency is not going to happen like it would in a normal LOP scenerio where they give you 45 days to turn it in or your screwed, which also means this scenerio is not normal on any level). #3:They have to change the current currency to the new "3 language" notes whether they revalue or not because they share their gov't with Kuwait and the 2003 notes did not take them into account. Thus the reason for changing the notes a LOP is not the reason for them changing the current currency. "Dedollarization" will occur naturally when they raise the value of their money to equal or above the US dollar.
 In this case "zeroes" are important because when the new 3 language currency is released they have been printed with the revaluation they plan on (which they have stated the 2013 budget is written with the new value) otherwise why even talk about Lower Denominations if you are not going to raise the actual value of the currency just print new 3 language notes with 3 zeroes on them and be done with it. #5: As you can see this whole affair has no precedent and therefore cannot be looked at by past scenerios. Wipe the black board clean because this is a whole new equation. Never happened before that a country with this kind of wealth has had their currency artificially devalued over 1000% then the super powers (not countries but the "real" people in charge..THE BANKERS) put together a plan to bring that country back to prominence with debt forgiveness, wealth protection, instituting a government(democracy) that they never had or would have if left to their own devices (think religious leaders in charge..MULLAHS), and a world wide need for their riches(oil, gold, diamonds, platinum, natural gas, etc. and just as important, Geographic location) Location, location, location. Iraq has it all, and the world is all in on this one. None of this spells the dreaded LOP. The only real fact here is, in the history of the world there has never been a country like Iraq, at the time it exists now, with the potential and backing it enjoys(politically, financially, etc.). Therefore this event we all here have invested in is UNPRECEDENTED! But don't take my word for it, time will be the ultimate revelator


8-24-2012 Rockfl9: The real cost of dropping the zeros is a wash. The life of a paper bill is less than 2 years. So, they would print a replacemnt bill anyway. The life of the plates for the most popular bills is also less than 2 years. They would have to be replaced in that period. The quantity of replacement bills is reduced by 1000 +/-, a savings. The new coins will be an expense but they last 15-20 years and would reduce demand for 1,5,10 dinar paper. Add the extra security features , the languages and maybe the pride of being a totally Iraqi creation not a hold over from the US ocupation. Shabibi has it right. I think Jan.1 2013 is THE date!

 8-24-2012 Goodlife: Why would Iraq spend multiple millions on deleting 3 zeros just for the sake of having smaller notes when there are many countries with high exchange rate values eg Japan with a huge economy that get along just fine. It just doesn't make any sense to lop without just cause. Its unnecessary and pointless to just remove the zeros for Iraq at this juncture. They do not suffer from hyper inflation and haven't done for some years. Iraq cannot tell the world its going to RV so you cannot have the proof you are looking for, just clues. This removal of zeros has got to be one of the big clues. I repeat there is no good and sensible reason to remove these zeros unless there is something else at play which would require this action. There are far more important things to do in Iraq that would take precedence. I would also say that the IMF and World bank or anyone with a brain would not advocate Iraq removing the zeros for no reason other than making it easier to trade with smaller notes. It is impossible to win any debate with lopsters on this matter as the absolute proof you are looking for cannot be given by Iraq and they should know that.

 8-24-2012  Newshound Guru Mike    the tide is turning against Maliki in a very big way and in a very international way - that's HUGE....he took so long to make his decision that it looks like those decisions are going to be made for him very shortly. Parliament is going to be back in session shortly -- lots of things that need to get done very quickly - they will get them done - the crisis is in their back yard.  Talabani will be returning but when he returns things will get done...he is the President - he will enact the things he needs to enact - its always been my position that he got out of the picture until these things were worked out - now that it is being worked out - he will be back to put the finishing touches on this...it is all good news.

US delegation to arrive in Iraq to discuss international sanctions with Iran, 24 august


US delegation to arrive in Iraq to discuss international sanctions with Iran

Source: waiting for the arrival of a U.S. delegation to discuss Iraq is excluded from sanctions on Iran
An official source at the Ministry of Trade that a U.S. delegation will arrive in Iraq to resume talks on trade between Iraq and Iran and the exclusion of international sanctions.
Said the source, who asked not to be named, said that “Iraq told the American side needs to be excluded from the system of international sanctions imposed on Iran, especially in terms of electricity contracts and oil derivatives.”
The source added that “I have held talks with the Americans in this regard and he was awaiting the arrival of a U.S. delegation to resume talks in the hope of reaching a satisfactory result for both sides, especially the nature of trade with Iran is purely civilian in nature which is well known and clear.”
The international community imposed sanctions on Iran regarding the export of oil and other financial over its nuclear program. And linked to Iran and Iraq trade relations exchange volume reached nearly $ 10 billion, pushing the Baghdad government to call on the international community in cases where those sanctions.
http://bit.ly/ObsFdt

Economist: An increase in salaries, granting loans and providing advances will increase inflation in the country, 24 august


Economist: An increase in salaries, granting loans and providing advances will increase inflation in the country

Date: 2012-08-24 11: 23: 22 Friday
Baghdad (News) … Salem Al-Bayati warned economist might increase when inflation index increased salaries for staff, retirees and financial loans and advances continued to increase rateb percent of money supply in the market in the absence of a local product.
He said Al-Bayati (News Agency news): the annual inflation index in Iraq due to the lack of a clear economic policy in the country and the process of pumping funds by the Government to the citizens either salary or loans are random ways without a feasibility study which lead to increase the money supply in the market.
He added: the plans by the Federal Government to increase the purchasing power of citizens to serve as “wizards prosthesis” by increasing salaries and granting financial advances which addresses a specific area of the situation to cover purchasing power, but in return will increase the rate of inflation in the country.
Al-Bayati: called to the need to develop a feasibility study before coming to implement a plan to not affect on the national economy.
http://bit.ly/NNQdFS

CBI denies any UN violations regarding Iranian sanctions; Dealings purely civilian, 24 august


CBI denies any UN violations regarding Iranian sanctions; Dealings purely civilian

Central Bank calls for Iraq is excluded from sanctions on Iran
CBI said that Iraq does not have any interest in violation of international sanctions imposed on Iran, calling for Iraq is excluded from these sanctions in accordance with the UN Charter on the grounds of his dealings with Iran are purely civilian.
The deputy governor of the Bank the appearance of Mohammed that “there is some sort of confusion through the accusations directed to Iraq on circumventing the sanctions imposed on Iran,” adding that “there is no benefit to the Iraqi government from any angle in things like this.”
He added that “all what is being talked about is either an attempt to confuse or shows a lack of knowledge in the trade deal between the countries.” He called the deputy governor of the Bank to “Iraq is excluded from the sanctions imposed on Iran and that under Article 50 of the UN Charter, for there to be transparency in the issue of dealing with this issue, especially that Iraq’s trade with the Islamic Republic of Iran are purely civilian.”
The international community imposed sanctions on Iran regarding the export of oil and other financial over its nuclear program. And linked to Iran and Iraq trade relations exchange volume reached nearly $ 10 billion, pushing the Baghdad government to call on the international community in cases where those sanctions.
http://bit.ly/NpRsd2

Talabani announces a possible settlement for political crisis, 24 august


Talabani announces a possible settlement for political crisis

Friday, 24 August 2012 10:28
Baghdad (AIN) –The President, Jalal Talabani, while meeting the head of the Wasat bloc, Ayad al-Samarai, announced that the meetings and the communications that he conducts might settle the political crisis soon.
Presidential statement cited that “Talabani assured that he will continue his efforts to bring the various views closer when he comes back to Iraq soon.”
“Talabani received the Secretary General of the Iraqi Islamic Party, Ayad Samarai on Thursday and some leaders of the IIP,” the statement added.
“Samarai congratulated Talabani for the success of the surgery that was conducted for Talabani in Germany, expressing his confidence that Talabani’s return will highly contribute to settle the political crisis,” the statement pointed out.
“Talabani appreciated Samarai’s visit and his brotherly feelings,” the statement concluded.
http://bit.ly/SvJ7Lt

Economic Committee Member: The selling of gold coins and other currencies in the CBI auction is a method to reduce the price of the dollar against the Iraqi dinar, 24 august


Economic Committee Member: The selling of gold coins and other currencies in the CBI auction is a method to reduce the price of the dollar against the Iraqi dinar

Date: 2012-08-24 13: 52: 46 Friday
Baghdad (News) … Member of the Committee on the economy and investment/National Alliance Deputy Ibrahim Al-Rikabi, said the move by the Central Bank to sell gold coins and other money in dollar auction came to reducing demand for dollar to reduce its value against the dinar.
Rikabi said (to news agency news): there is a new strategy followed by the Central Bank to reduce the US dollar to Iraqi dinar by selling gold coins and other currencies besides the dollar in public auction, what makes demand for buying the dollar less so it will maintain the stability of the local currency in exchange for hard currency.
He added: the new orientation by the Central Bank to sell currency auction will be processed by inflation in the dollar versus the dinar because there is strong criticism of the policy of the Central Bank because of continuing high dollar local market led to the use of Central Bank policies and ways out of this crisis.
The Central Bank had announced earlier that it is developing a feasibility study for the sale of gold coins and cash and other foreign currencies alongside the Treasury remittances to the public soon, indicating that this procedure was in place previously in the 1980s, but the embargo in the 1990s made the citizens focused on buying the dollar to easily discharged.
http://bit.ly/PC4AjA