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DINARESGURUS.BLOGSPOT.COM_________________ _______

Thursday, July 2, 2015

TERRYK CHAT UPDATE, 2 JULY

TERRYK CHAT 7/2/2015 10:39 AM EDT

[KENBBQ1] Goooooood Morning    
[damsel] 06/30/2015 Interior Ministry announced on Tuesday, near the starting point for the single card project created after the affairs of the cadres of the card final preparations for it, and in that first showed crude shipments card has arrived, confirmed that he will call a special mechanism to put citizens
[damsel] this card is to pay people oil money
[.TERRYK] Hey ken what's going on
[damsel] and not to keep government officals honest
[KENBBQ1] .TERRYK fighting with the computer today
[.TERRYK] Hey damsel
[damsel] hi tk
[.TERRYK] That card was a discussion point last night, I read it as a supplemental card as well
[damsel] it is part of 140 and hcl near and dear to the kurd heart
[damsel] yup i listened
[damsel] it is connected to oil 
 [.TERRYK] But some on the card were leaning towards something else
[damsel] naw 
[.TERRYK] Call
[damsel] not my view
[.TERRYK] Hey ken I gave up on my pc till I get the others back....
[.TERRYK] I spell bad but this is crazy
[damsel] Bluedog: ...SO this is telling us on the 30th that they recieved the cards to distribute the oil funds to the citizens (highfive) not long now……. Eid is a time they give to their citizens or could it be before to allow them to buy things and be happy.. 
 [KENBBQ1] .TERRYK that will drive you crazy....
[damsel] Frank26: iMO .......... The hydrocarbon LAW ...... HCL in the 2015 Budget ....... Has allowed this card to also ....... Get in Line.
[KENBBQ1] .TERRYK you never know what will be put out on the screen
[damsel] • R.V./GCR July 2, 2015 at 12:42am This is not to dampen spirits its to soften the blow, i just received word from intel source who mentioned still a slight delay....no your exchange is coming its near here......but if the Pentagon does not see an authority figure to stand up and receive it then the new notes will stay where they are......so it seems somebody needs to grab the pair and do the job....what does that mean.....dont kill the messenger. I tell you all exactly whats going on behind the scenes. I feel you have a right to know. Pray harder 
[damsel] k i have to go later
[.TERRYK] Later damsel, thanks
[KENBBQ1] damsel thanks
[.TERRYK] Hey gotta run great call last night
[.TERRYK] God Bless
[KENBBQ1] .terryk god Bless you too

LANDA GLOBAL WED. CC & TMAN23 UPDATE, 2 JULY

Landa Global Wed. Conference Call  7-1-15

Funds Release and Process

http://landachinaglobal.com/resources/25%20Landa%20Update%207-1-2015%20%281%29.mp3


****
tman23   In 2011, Dr. Essawi (Finance Minister) and Dr. Shabibi drafted a Letter of Intent to the IMF... In this letter they described the policies to be initiated in which the major focal point was meters being installed at all oil production and export stations...

This was near completion at the time of the LOI as stated in the letter...The Kurd region agreed to the monitoring meters in February 2014...

The meters began "LIVE" reporting January 2015...

The IMF regarding currency policy changes and revaluing... The IMF states; Specific laws DO NOT need to be in place... as long as they are in the process...
That said; The CoM has drafted the laws...The Minister of Justice has reviewed and published them in 3 languages...The CoM has sent them to Jabouri and he has introduced them in Parliament...

By IMF standards...The laws being in Parliament and in progress is good enough for a rate change... The oil meters are in place...electronically read!
*****

Zimbabwe: Time To Come Together For The Economy, 2 JULY

Zimbabwe: Time To Come Together For The Economy

Time To Come Together For The Econnomy

Benny Tsododo Correspondent

Against a backdrop where the Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya is calling for a freeze in salaries and a reduction in prices of goods and services, it is worrying that the Zimbabwe Congress of Trade Unions (ZCTU) has publicly registered its disquiet over the initiatives while ZESA Holdings is reportedly planning to increase its tariffs by six percent.

During his 2015 Monetary Policy Statement, Dr Mangudya said: “Given the lack of competitiveness and its negative effects on the economy, we do not see any room for wage and salary increases within the economy. 
~~~
Instead, the prevailing circumstances call for a downward adjustment in the prices of goods and services in order to promote competitiveness and ultimately for the recovery of the economy.”

Dr Mangudya’s proposal found support from the Zimbabwe Revenue Authority (ZIMRA) boss Gershem Pasi, who further proposed a cut in salaries, among other measures, saying: “Why not say cut by 20 percent across the board: cut the wages, interest rates, everything because it will be a social contract. We will give ourselves room to start the growth process.”

At a time the country is searching for solutions to bust sanctions and revive the economy, these well thought-out initiatives by Government through the RBZ, should be applauded.

They demonstrate Government’s commitment to improving the overall welfare of its people, despite the debilitating economic challenges gripping the country through the agency of sanctions.

If fully supported, such initiatives could breathe life into our limping industries, safeguard employment and boost Government revenues.

The price reductions could stimulate demand for locally manufactured goods and provide the much-needed bulwark against the incessant flow of cheap imports that are depleting the country’s foreign currency reserves and at the same time ravaging local industries.

However, these noble initiatives by Government could be derailed if competing and somehow contradictory interests from other sectors of the economy such as labour and business are not addressed.

It should be appreciated that labour groups would continue to push for the improvement of the worker’s welfare and, naturally, this does not condone wage freezes or cuts.

On the other side, business is known to push for maximum profits and this too runs counter to any suggestions of price controls or profit cuts as entailed in the latest Government proposals.

Already one labour organisation has registered its opposition to Government’s proposal to freeze or cut salaries.

Reacting to the proposals last week, ZCTU secretary-general Japhet Moyo released a press statement that partly said: “while we agree that the economic situation in the country is abnormal with 92 percent of the Government revenue being channelled towards recurrent expenditure, we do not think that cutting salaries would remedy the situation. The Government must first get rid of thousands of ghost workers milking the Treasury.”


Such flaunting of defiance by the ZCTU heralds the resistance that awaits plans to reduce the cost of goods and services in the country.

 We also heard contradictory signals coming from business. Reports that ZESA Holdings is planning to increase its tariffs by six percent in order to clear its salary arrears are a slap in the face of those spearheading the national cost-cutting initiative.

Without delving into the legal discourse shaping the planned ZESA tariff increments, it is indisputable that such an increase would have a big ripple effect on the prices of other commodities and services in the country.

An increase in electricity prices or of any other source of energy would definitely have an inflationary knock on all production processes in industries and at farms.

The contagion effect of such a move on the pockets of workers could be devastating and might further lend credence to perennial calls for salary increments by some workers’ organisations.

Also given the intermittent power supplies, an increase in electricity costs could also push away foreign investors, who usually require a steady supply of inexpensive electricity.

On this basis, an increase in electricity tariffs would clearly defeat efforts by Government to cut the country’s cost structure. LINK

TISHWASH POST FROM TNT :Message carried by "Haider al-Abadi" from America to IRAN!, 2 JULY


A report prepared by the links Centre for the selection of Washington to the Prime Minister Haider al-Abadi for the communication of a fifth letter addressed to President Barack Obama to the Iranian leadership on the eve of the deadline to reach an agreement on the Iranian nuclear issue. 

The report said the governing body in the Iranian Shura Council member Mehrdad Bdhirbah revealed a secret message from Obama in the nuclear matter was transferred to officials in the country by an official in one of the neighboring countries. 

The report noted that the message conveyed by al-Abadi include reassuring US believes that the strategy for the Iranians, not reckless and perceive their interests as rationally as the letter included assurances that he can rely on Obama's policies and reliable to what he says is his because he wants to make a difference in the history of the American presidency, which could be acceptable to Iran. - See more at: http://www.ikhnews.com/index.php?page=article&id=140542#sthash.LtcPEDrW.dpuf

FRANK26, POPPY3 , DAZ & TMAN23 TIDBITS, 2 JULY

7-2-15 Frank26: Yesterday PR became like Greece ..... Talking when they KNOW they should not.

There is NO CRISIS ........ Well not anymore....... These actions are solutions formulated by 12 years ago ...... About 9.

Look .......... This TYPE of SLATE SOLUTION ........ WILL BE OURS TOO!

Tell You much more on M's CC ....... Promise. 


7-2-15 
Poppy3: STANDING ON NEW RATE THIS MONTH...JUDGING FROM THEIR WORDS AND ACTIONS WE ARE LOOKING VERY GOOD THIS MONTH. 
7-2-15 daz: Puerto Rico paid $1.9B in debts due today: Sources CNBC‎ - 30 mins ago Debt-riddled Puerto Rico paid all of its $1.9 billion in obligations due on Wednesday, sources told CNBC. Here’s the link on Puerto Rico: http://www.cnbc.com/id/102789589

YESTERDAY THEY WERE BROKE...TODAY HEY PAID UP 1.9 B...I DON'T KNOW IF IT'S DINAR RELATED OR NOT BUT IT'S CURIOUS. WEEEEEE. 


7-2-15 
tman23: In 2011, Dr. Essawi (Finance Minister) and Dr. Shabibi drafted a Letter of Intent to the IMF... In this letter they described the policies to be initiated in which the major focal point was meters being installed at all oil production and export stations...This was near completion at the time of the LOI as stated in the letter...The Kurd region agreed to the monitoring meters in February 2014...The meters began "LIVE" reporting January 2015.
The IMF regarding currency policy changes and revaluing... The IMF states; Specific laws DO NOT need to be in place... as long as they are in the process... That said; The CoM has drafted the laws...The Minister of Justice has reviewed and published them in 3 languages...The CoM has sent them to Jabouri and he has introduced them in Parliament... By IMF standards...The laws being in Parliament and in progress is good enough for a rate change... The oil meters are in place...electronically read! 

Indonesia makes rupiah mandatory for all transactions, 2 JULY

From today, Indonesia has made it mandatory for the rupiah to be used for all transactions in the country, from booking a hotel room to paying rent, in a move to shore up the currency.
The rupiah is the second-worst performing currency in Asia this year after the Malaysian ringgit. Yesterday, it closed at 13,339 to the US dollar. Over the last few weeks, it has fallen to levels not seen since the financial crisis in August 1998.Those who flout the regulation can be fined at least 1 per cent of the value of the illegal transaction or up to 1 billion rupiah (S$100,000).
There are exemptions, such as transactions related to the state Budget or international trade, the central bank said in a statement.
Singapore companies with operations in Indonesia say they have made arrangements to comply, noting that the regulation had been floated since 2011 but not fully enforced. "For Kendal Industrial Park, land sales are transacted in rupiah that are determined by US dollar exchange rates. As we are allowed to convert from rupiah to US dollar any time, there is minimal exchange rate exposure for us," said Mr Kelvin Teo, chief executive officer of Sembcorp Development, referring to its industrial zone in Central Java.
From today, Singapore Airlines will accept payments in rupiah only and its air tickets would show both the fare in US greenback and the equivalent amount in rupiah using the daily exchange rate issued by Bank Indonesia, said its Indonesia public relations manager Glory Henriette. But this will not be possible in certain cases.
"Many backend systems are currently unable to support transactions of more than 100 million rupiah," she said, referring to how fares that have more than nine digits cannot be reflected on the ticket. While some say the govern- ment's move could realise the short-term goal of increasing the use of the rupiah, others are concerned it could result in unintended consequences, such as companies hiking prices to avoid absorbing losses from a volatile rupiah.
Mr Bill Sullivan, a Jakarta-based legal adviser to the mining as well as oil and gas sectors, said that while the day-to-day transactions could proceed smoothly, relying on a volatile currency may not give an accurate measure of performance for Indonesia-based executives of multinational corporations whose performance globally is ranked in US dollars.
There is still some uncertainty over currencies to be used on e- commerce sites, but some observers say sites that sell Indonesian services such as hotel bookings but are not based in Indonesia can still charge in a foreign currency.
Mr Danny Oei Wirianto, co-founder of social media MindTalk, and who was chief marketing officer of Indonesia's largest online forum, Kaskus Networks, welcomed the mandatory move.
"After all, it is the currency of the country," he said, adding that it could help boost the economy.
But he is sceptical whether all companies will comply.
Mr Franky Sibarani, chief of the Indonesia Investment Coordinating Board, told The Straits Times that many investors raised concerns over the lack of clarity surrounding the exemptions.
He said he would raise the matter with the central bank and see how to allow reasonable leeway.
"Say, for example, a vessel approaches our port. Do we really expect them to have rupiah, or international currency like the US dollar? We can't possibly have money changers on standby - it's not practical," he said.
Summing up, Mr Sullivan said: "This rule is dealing with only the symptoms of the problem, not tackling the wider issue... (which is) the erosion of investor confidence." LINK

Zimbabwe: Stability & Growth, 2 JULY

Zimbabwe: Stability & Growth

Gold

Zim Gold Miner Sees Stability And Growth

Caledonia Mining reckons mining in Zimbabwe is far less risky than generally perceived

Zimbabwe undoubtedly gets bad press in the West. Robert Mugabe has been something of a bête noir – and perhaps justifiably so – but according to Mark Learmonth, CFO of Caledonia Mining Corp (TSX: CAL, OTCQX: CALVF, AIM:CMCL), presenting at the Global Mining Finance conference in London, the political situation is actually very stable – more so than in many other African nations.

Government and administration both work, he said. Ever since the relatively recent debacle of hyperinflation and the demise of the Zimbabwean dollar, the country has used the US dollar as its currency and there is thus no longer any worry about any kind of rapid depreciation of the domestic currency. 
~~
Picture 
Indeed from hyperinflation Zimbabwe now appears to be in a mild deflationary phase which helps keep costs down. 

Indigenisation whereby 51% of operating companies need to be Zimbabwean owned tends to put up another red flag for investors, but Caledonia is one of the few which already meets this requirement, yet can still mine gold profitably for its Western shareholders from its century-old Blanket mine and is perhaps the highest yielding gold mining stock out there with a dividend equivalent to about 8% of the share price, covered 2.5x by net cash generated from its mine.

The indigenisation programme effectively gave away US$30.09 million worth of stock, but this is being repaid out of dividends.


Zimbabwean transport infrastructure is seemingly good, and while the country, like its southern neighbour South Africa, has power capacity problems the government ensures operations like the Blanket mine, which is important to the economy, are effectively kept on line. 

The mine does have stand-by generators, but Learmonth reckoned they were only needed for a total of 27 hours in the whole of 2014.

Profit before tax in 2014 came to C$13.2 million, equivalent to 12.1 cents per share, while operating cash flow was $13.7 million. 


There is currently an expansion plan being implemented designed to lift annual gold production from 41,700 ounces last year to 42,000 ounces this year, 49,500 ounces in 2016, 64,000 ounces in 2017 and around 80,000 ounces thereafter with the completion of a new, 6 metre diameter vertical shaft due to be completed in 2017. All of the expansion programmes will be self funded, with peak demands on cash resources this year and next.

It is already a relatively low cost gold miner with All In Sustaining Costs of $969 an ounce last year, but targeted to fall to $741 an ounce by 2018 as the expansion progresses.

 The new shaft is being sunk at a capital cost of only $23 million and the company is keeping capital costs down by sourcing refurbished used equipment from South Africa – winders for the new shaft, for example, were purchased at a fraction of the cost of buying new.

Ore reserves are 346,000 ounces grading 3.67 g/tonne proven and probable, while resources are currently 498,000 ounces with grades of 3.82 g/tonne measured and indicated with an additional inferred resource of around 549,000 ounces at 5.11 g/tonne giving a total of just over 1 million ounces.

At 80,000 ounces a year that could give the mine a further 12 years life, but there remains potential for expanding the resource within the current operation at depth and in satellite deposits. Historically the mine has been able to convert a high proportion of resources into reserves.

Obviously the dividend commands a high yield because of the perceived risk of operating in Zimbabwe, but the operation is already fully indigenised, and the Zimbabwean government appears supportive of the gold mining sector as an important element in the national economy. LINK

MY LADIES UPDATE : IRAQ AND BONDS, 2 JULY

MY LADIES:  HUMM I JUST HEARD AN INTERESTING LINE

"GIVE A MAN A GUN AND HE'LL ROB A BANK" GIVE A MAN A BANK AND HE'LL ROB THE WORLD"

NOW DOES THAT RING TRUE...LOL..LOL..

JP:  Mary, if Iraq gets credit rating on July 7th does that not mean simultaneous international rate?  Or am I misinformed?

MY LADIES:  WELL JOHN HERE'S THE THING.....IF IRAQ GETS A CREDIT RATING FROM THE MAJOR REPORTING AGENCIES WITH OUT HAVING A CURRENCY THEY WILL BE THE FIRST I HISTORY TO DO SO.

NOW THIS WEEK WE ARE WATCHING AN AWFUL LOT OF FIRSTS...I JUST HOPE THAT IS NOT ONE OF THEM.
....
IQD NOVA:   WELL SAID ML!!!

JP:   Well then let’s pray Iraq does NOT make history!

AW:   Sovereign Credit Rating     AAA |  DEFINITION of 'Sovereign Credit Rating'

The credit rating of a country or sovereign entity. Sovereign credit ratings give investors insight into the level of risk associated with investing in a particular country and also include political risks. At the request of the country, a credit rating agency will evaluate the country's economic and political environment to determine a representative credit rating. Obtaining a good sovereign credit rating is usually essential for developing countries in order to access funding in international bond markets.

Read more: http://www.investopedia.com/terms/s/sovereign-credit-rating.asp#ixzz3ekE8dMEc

JP:   Mary and Nova, refresh my memory; do we know for sure that Iraq will be getting a international credit rating this go-around?  (feel free to hit me with the paper if I’m asking too many questions)

MY LADIES:  PAPER GETTING CLOSER...BUT NOT FOR ASKING QUESTIONS BUT FOR KNOWING BETTER.

YOU ACT AS IF IRAQ HAS BEEN ACCURATE WITH EVERYTHING WE HAVE READ...

IF IT COMES OUT OF IRAQ IS ALWAYS SUBJECT TO CHANGE.

PrincessDD:  So the bonds are coming up in August so they will get their credit rating this month so how do those 2 work together?

AW:   Now,.........make the connection between the rating and the attempt to market bonds on the international bond market.

MY LADIES:  THE ONLY CONNECTION TO THE BONDS AND A CREDIT RATING IS THE INTEREST RATE AND ABILITY TO TRADE ON THEIR OWN

BUT IRAQ HAS SOLD SOVREIGN DEBT TWICE BEFORE.

THE FIRT TIME WAS 2009 AND THEY WERE AT 6% FOR 10 YEARS THROUGH JP MORGAN

AND THE SECOND TIME WAS IN 2013 AND THEY WERE 5 YEARS ALSO SOLD THROUGH JP MORGAN AT 8%

SO WE DON'T WANT TO GET CAUGHT UP IN BOND SALES...

AW:  Unless, .......that the trading of the IQD on the world currency markets is a precursor to entering the international bond markets...................just thinking.........lol duck!!!!~!

MY LADIES:  YOU'RE RIGHT AW...THEY MET WITH THIS TIME WITH CITI AND DUETCHE RIGHT??

THEY PUT THEM OFF NOW FOR THE PAST 4 MONTHS RIGHT??

ZEBARI SAID HE WANTED A BETTER RATE SOMETHING IN THE 2-3% RANGE RIGHT??

AND THE CURRENT BOND MARKET IS ABOUT TO HAVE A BIG HICCUP

SO IT'S IN THEIR BEST INTEREST TO KEEP PUTTING OFF UNTIL THEY CAN DO IT ON THEIR OWN AT A GOOD DISCOUNT.
IQD NOVA:  IMO WE WILL NOT SEE NON ACCREDITED INVESTORS PLAYING IN IRAQS BONDS TILL THE IQD IS FREE AND ITS GOVERNMENT HAS A CREDIT RATING.

MY LADIES:  RIGHT...I AGREE..THEY HAVE MOVED FROM MARCH ALL THE WAY INTO AUGUST…. EVEN THE LAST 2 SALES WERE DONE AS A PACKAGE DEAL WRAPPED UP WITH MANY OTHER COUNTRIES..

I'M NOT SURE HOW MANY TAKERS WOULD HAVE LINED UP PREVIOUSLY JUST FOR IRAQ SPECIFIC BONDS……..THEY SOLD HIGH ON THE HIGH RISK MARKET...

Sager:  Nova, if I may, what constitutes a non accredited investor?

IQD NOVA:  SAGER, YOU ARE.YOUR NOT IN THE INVESTMENT BIZ NOR AN INSTITUTION.

Sager:  I assumed that, but wanted your confirmation

AW:  INVESTOPEDIA EXPLAINS 'Sovereign Credit Rating'

Another common reason for obtaining sovereign credit ratings, other than issuing bonds in external debt markets, is to attract foreign direct investment. To give investors confidence in investing in their country, many countries seek ratings from credit rating agencies like Standard and Poors, Moody's, and Fitch to provide financial transparency and demonstrate their credit standing.

Read more: http://www.investopedia.com/terms/s/sovereign-credit-rating.asp#ixzz3ekIsgMGc

So,......the need for a credit rating is not just the bonds.

DINAR GURUS UPDATE, 2 JULY

6-2-2015   Newshound Guru Enorrste   Having said that, however, I believe that the CBI may have some other cards up their sleeves, although not many.  A lot is riding on the large note introduction.  It is essential in the mind of the CBI that the downward pressure caused by dollarization in Iraq be stopped, at least, before a change in the exchange rate regime is initiated.  ...Allaq's statements indicates that he may believe that he can still stabilize the dinar's value through the auctions, as was done before.  Once the currency value is stabilized then, in theory, they could move to a float.  But the real desire, in my view, is to put upward pressure on the dinar, and the "hope" is that the introduction of the large notes will start that process away from the dollar. In the end, as KAP  [Guru Kaperoni] has said many times, only investment within Iraq will ultimately provide the upward pressure that will significantly raise the dinar value.  But at this point they have to stop the "bleeding" of the downward spiral in the dinar and the "running away" from it in favor of the dollar.  It is a tricky time.  [post 2 of 2]

7-2-2015   Newshound Guru Enorrste
   The plan, as I understand it, is to issue the large 50000 and 100000 notes in order to do two things:  reduce the demand for the dollar within Iraq and allow for a reduction in the money supply.  If the first does not happen, then the second cannot happen.  Without a reduction in the money supply the value of the dinar will not rise.  Actually, to put it more accurately, unless there is upward pressure on the dinar value the money supply cannot be reduced.  Therefore, if the introduction of the large notes does not stem the demand for dollars then there will be no way to wean the country off of dollars and back to the dinar.  Without more upward pressure on the dinar, the longer term plan is in jeopardy.   [post 1 of 2....stay tuned]

7-2-2015   Newshound Guru Millionday
   TWENTY LAWS ARE SITTING WAITING FOR PARLIAMENT TO PASS RIGHT NOW -- REPORTEDLY THEY WILL ADDRESS THE MOST IMPORTANT LAWS FIRST... PARLIAMENT HAS STATED THAT THEY ARE PREPARED SERIOUSLY TO PASS THESE LAWS.  FINALLY A PREPARED HCL IS IN PARLIAMENT AND THE AMENDMENTS COMPLETE.  THEY HAVE STATED IN A FEW REPORTS THAT IF THE LAWS ARE CONSTITUTIONALLY SOUND THEY ARE GOING BE PASSED.  MANY LAWS ARE SITTING SO ALL CAN BE PUT IN PLACE AT THE SAME TIME. 

7-2-2015   Intel/Newshound Guru Poppy3  STANDING ON NEW RATE THIS MONTH...JUDGING FROM THEIR WORDS AND ACTIONS WE ARE LOOKING VERY GOOD THIS MONTH.  

7-2-2015   Intel/Newshound Guru tman23
   In 2011, Dr. Essawi (Finance Minister) and Dr. Shabibi drafted a Letter of Intent to the IMF... In this letter they described the policies to be initiated in which the major focal point was meters being installed at all oil production and export stations...This was near completion at the time of the LOI as stated in the letter...The Kurd region agreed to the monitoring meters in February 2014...The meters began "LIVE" reporting January 2015... The IMF regarding currency policy changes and revaluing... The IMF states; Specific laws DO NOT need to be in place... as long as they are in the process... That said; The CoM has drafted the laws...The Minister of Justice has reviewed and published them in 3 languages...The CoM has sent them to Jabouri and he has introduced them in Parliament... By IMF standards...The laws being in Parliament and in progress is good enough for a rate change... The oil meters are in place...electronically read!

7-2-2015   Newshound Guru Millionday
   TODAY IS FIRST DAY OF PARLIAMENT SESSION. THE IMPORTANT LAWS THAT COULD NOT BE AGREED ON ARE BEING PASSED THROUGH BY EXECUTIVE ORDER (THREE PRESIDENTS) ACCORDING TO REPORTS AND PARLIAMENT IS WORKING ON THE REST THIS WEEK.   THE INVESTMENT LAWS WERE AGREED ON SO PARLIAMENT IS EXPECTED ACCORDING TO REPORTS TO FINISH THEM TO LAW.  THE AMENDMENTS THAT WERE DONE WERE TO ATTRACT AS MANY INVESTORS AS THEY COULD.

Fayez: categories of fifty and a hundred thousand dinars Bdiltan to delete zeros, 2 JULY

BAGHDAD / Central Brief for the Iraqi Media Network (IMN) - a member of the House of Representatives said Amer al-Fayez, The introduction of the two categories of a hundred and fifty thousand dinars is a substitute for the project to delete the zeros which is deferred.
He said al-Fayez's (IMN) - that "the central bank's decision to delete the zeros from the currency, for economic rather than political reasons, which the central payment to resort to issuing coins safer than current small currencies".
The Committee on the economy and investment parliamentary hosted earlier this month, Governor of the Central Bank of Iraq and the Agency on the Keywords to discuss the issue of the deletion of zeros and anti-money laundering crimes and develop the work of private banks. LINK

NEWS RECAP: Zim Dollar to Be Introduced In June 2015, Dodgy Report Claims, 2 JULY

Zim Dollar to Be Introduced In June 2015, Dodgy Report Claims >>>>  

The Zimbabwean dollar is to be introduced between 2015 and EARLY 2016 through a new ZANU PF plan, a random report claims as it lists several storage places already printed bills are said to be currently stacked at. The claims have been viciously denied byFinance Minister Patrick Chinamasa.

 But the report said to have been leaked by a ZANU PF youth only surnamed “Mpofu,”quotes in staggering English,  an RBZ Insider Staff saying the new Zimbabwean Dollar which is being printed in China, is already in the country and in top secret locations carefully guarded 24 hours a day.   


READ IN FULL:  http://www.zimeye.com/zim-dollar-to-be-introduced-in-june-2015-dodgy-report-claims/

EXCERPTS OF ENORRSTE, MILLIONDAY & BGG, 2 JULY

Enorrste: The plan, as I understand it, is to issue the large 50000 and 100000 notes in order to do two things: reduce the demand for the dollar within Iraq and allow for a reduction in the money supply. If the first does not happen, then the second cannot happen. Without a reduction in the money supply the value of the dinar will not rise.Actually, to put it more accurately, unless there is upward pressure on the dinar value the money supply cannot be reduced.  Therefore, if the introduction of the large notes does not stem the demand for dollars then there will be no way to wean the country off of dollars and back to the dinar.  Without more upward pressure on the dinar, the longer term plan is in jeopardy.

*****
Millionday: TWENTY LAWS ARE SITTING WAITING FOR PARLIAMENT TO PASS RIGHT NOW -- REPORTEDLY THEY WILL ADDRESS THE MOST IMPORTANT LAWS FIRST... PARLIAMENT HAS STATED THAT THEY ARE PREPARED SERIOUSLY TO PASS THESE LAWS.

FINALLY A PREPARED HCL IS IN PARLIAMENT AND THE AMENDMENTS COMPLETE. THEY HAVE STATED IN A FEW REPORTS THAT IF THE LAWS ARE CONSTITUTIONALLY SOUND THEY ARE GOING BE PASSED. MANY LAWS ARE SITTING SO ALL CAN BE PUT IN PLACE AT THE SAME TIME


*****

 BGG:
 The CBI might buy the 5 Billion of domestic bonds … some kind of “insider deal” - but they will need more than big promises to get international investors to pony up that kind of cash (an extra 6 Billion). Looks more and more like the US and others are SERIOUSLY insistent of reconciliation before they hand over big support.

MILLIONDAY CHAT UPDATE: RV IS ESSENTIAL TO FINANCE THE BUDGET, 2 JULY

Millionday news 7/1/15

Millionday: THE TITLE GRABBED MY ATTENTION>>>   RV is Essential to Finance the Budget

Millionday: A seminar held to discuss the progress of the development policies and it was attended by the Governor of Iraqi Central Bank, large number of economists, officials, businessmen, academics and institutions.

 They discussed the reasons behind the recent crisis, low value of Iraqi dinar against the U.S dollar and its effects on the economy of Iraq.

Mehdi Al Hafez said that the prices are stabilizing in the country, the Iraqi Central Bank has taken some major and important measures that limited the provocation of these crisis, so the Iraqi dinar returning to its previous position.

The Iraqi Central Bank is also focusing on executing development projects with a handsome support of billion dollars in the form of loans for small and medium size projects.

Millionday: NOTE --THIS IS A HUGE SEMINAR AND THE STABALIZING OF THE ECONOMY -- IT IS IMPACTED BY (IF YOU DID NOT KNOW) A LOW VALUE ON THEIR CURRENCY
~~~
Millionday: The Governor of the Iraqi Central Bank said that we are focusing on our monetary policy, especially the process of selling the U.S dollars which is most important for Central Bank and for other banks, although buying and selling of foreign currencies is not their business process, but it is related to Central Bank’s monetary policy and to achieve the economic stability for the country.

He also added that a sale of U.S dollars contributes financing in the Iraqi commercial sector. It is also said that more than 70 percent of the U.S dollar sales used to cover the imports.

He said that there is not any problem regarding shortage of U.S dollars but the lack of coordination and cooperation which resulted shortage in the local revenues and created problems to convert U.S dollars into Iraqi dinars, so the Iraqi Central Bank interested in selling more U.S dollars in its daily sales auction.

Millionday: SO AS WE SEE HERE -- THE GOAL IS TO IMPLEMENT THE MONETARY POLICY FOR ALL OF IRAQ AND INVESTORS ---

Millionday: MANY HAVE BEEN CONFUSED OVER THE RECENT SALE OF US DOLLAR --- IT IS SIMPLY AN ECONOMIC TOOL DUE TO THE RESULT NEED

Millionday: A commission of economy and investment representative, Wednesday, for the new currency launch of the 50 class thousand dinars to the Iraqi market during the current month.

He said committee member Najiba Najib's / scales News / "The central bank will present the new category of coin fifty thousand dinars to the Iraqi market during the current month after the completion of all their actions."

Najib added that "the other category of 100 000 dinars will go after the launch of the 50 category Alaracqa thousand dinars in the market for a while Alasthoudarat and procedures for that category is complete and make sure of their advantages and disadvantages."

This "revealed the Central Bank of Iraq, his request to wait for the issuance of class 100 000 dinars, noting that the issuance of 50 thousand dinars category of the local currency will be the end of this year"

Millionday: SO PART OF THE MONETARY POLICY HAS BEEN REPORTED TO INCLUDE THE RELEASE OF THE 50,000 --- ACCORDING TO THIS REPORT AND OTHERS --- THAT WILL BE IN JULY

Millionday:  The prime minister Haider al-Abadi, Wednesday, the government's commitment to the government program, indicating it had carried out most of the paragraphs within the periods mentioned.

Ebadi said Office in a statement issued today, and received for News Agency (et), a copy of "The prime minister Haider al-Abadi met in his office, head of the UN mission in Iraq, Jan Kubiš and the US ambassador in Iraq, Stuart Jones, the British ambassador to Iraq, Frank Baker" noting that "During the meeting, they discussed the strengthening of national reconciliation government program and the law of the National Guard and opening regional".

Millionday: NOTE -- DURING THE MEETING HELD TODAY BY ABADI -HE STATED THAT MOST OF THE GOV PROGRAM HAS BEEN DONE WITHIN THE TIME LIMITS GIVEN

Millionday:

He added that the office "has been discussed the government's efforts in implementing reforms in addition to political and security situation and the victories achieved on Daash gangs".

Abadi said during the statement, "The government is committed to the government program and reforms in it," pointing to "it carried out most of the paragraphs within the periods mentioned."

He continued Abadi "We strive to serve the citizens and achieve security and stability of the country in spite of the many challenges faced."

Millionday: NOTE -- HE IS PRAISING THE WORK THEY HAVE DONE PER REFORMS ETC

Millionday: In turn, the guest delegation praised as "the government's efforts in promoting the steps of national reconciliation and the implementation of the government program and the reforms that are working to implement them in various sectors."

The Prime Minister said Haider al-Abadi, in the January 31, 2015, for his commitment to the government program which formalized the current government, while calling on all political blocs to commitment to the program.

Millionday: WE ALSO KNOW THAT THIS WEEK THE THREE PRESIDENTS (UNIFIED GOV) WILL MEET ASSIGN RESPONSIBILITIES

Millionday: Aleomcdt Iraqi private banks association, on Wednesday, that the adoption of the Council of Ministers to the law of money laundering will give a global trust for private banks, and as pointed out that banks will adhere to the law, pointed out that the approval in the House of Representatives would avoid entering Iraq within the black list.

The head of the Association of private banks and depositary bitter melon in a statement received "News Today" a copy of it, that "the adoption of the Council of Ministers the draft Anti-Money Laundering Act and the financing of terrorism of important laws and in support of the banking sector.

Millionday: NOTE -- THE COUNCIL APPROVED TODAY THE LAW OF MONEY LAUNDERING---

THIS ADS COFIDENCE IN THEIR BANKING INDUSTRY GLOBALLY AND WILL KEEP THEM OFF THE INTERNATIONAL "BLACK LIST"--- THE HEAD OF PRIVATE BANKING ASSOCIATION STATES THIS ADOPTION SUPPORTS THE NATIONAL BANKING SECTOR –

Millionday: READ EVERY WORD>>> Handal said that "this law will provide frameworks, concepts and provisions that enable the central bank, the judiciary and agencies related to the use of appropriate tools to combat money laundering and terrorist financing and the development of deterrent to such practices,

"adding that" the law will give the world confidence in foreign dealings with Iraqi banks. "

 He said Handal that "all the member banks of the Association is keen to abide by the law if the legislation because of this Thread of direct importance and impact on the economy and society, especially in the current stage,

"stressing that" this legislation avoids entering Iraq blacklisted if it was passed by Parliament in the near term. "

Millionday: SO THE PASSING OF THIS IN THIS PARLIAMENT SESSION OF COURSE WILL BE GREAT NEWS AND HELP IRAQ IN THE GROWTH OF NOT ONLY THEIR BUSINESS BUT ALSO WILL GIVE WORLD CONFIDENCE

Millionday: Center Brief for the Iraqi Media Network (IMN) - in front of the House of Representatives in the second legislative enacted more than twenty legally awaiting inclusion in the agenda of the Council, Dmenhm bills carried over from the first parliamentary session.

Among the most prominent laws that are believed to be will be approved during the second legislative year, the Federal Court and the amnesty and political parties and the National Guard, oil and gas, as is clear from the statements of the political blocs, that there is a consensus seriously by them to pass these laws.

Millionday: NOTE -- TWENTY LAWS ARE SITTING WAITING FOR PARLIAMENT TO PASS RIGHT NOW -- REPORTABLY THEY WILL ADDRESS THE MOST IMPORTANT LAWS FIRST

Millionday: NOTE -- PARLIAMENT HAS STATED THAT THEY ARE PREPARED SERIOUSLY TO PASS THESE LAWS

Millionday: And it caused the differences between the political blocs during the past years to disrupt the adoption of important laws, especially the amnesty, oil and gas, causing Ptogelhma of the first session to the second, and then third, despite the offer by more than a draft of the two laws.

MP for the coalition of state law says Fatima Hamidi's (IMN) "The laws that did not acknowledge during the past years, will have a place on the agenda of the House of Representatives in the second legislative year, in order to read and vote on them, after the political blocs agree upon once and for all."

Millionday: NOTE -- FINALLY A PREPARED HCL IS IN PARLIAMENT AND THE AMMENDMENTS COMPLETE

Millionday: It adds that "the oil and gas law is one of the important laws that must be prescribed by the House of Representatives in the coming weeks, because of its great importance in the process of organizing the export of oil, and an end to disputes over oil wealth between the Governments of the center and the region."

Hamidi and suggest that "a coalition of state law, if any, determined desire of other political blocs to pass important laws, provided it does not conflict with the Constitution and looking for the interests of the masses and not the community in general."

Millionday: NOTE -- THEY HAVE STATED IN A FEW REPORTS THAT IF THE LAWS ARE CONSTITUTIONALLY SOUND THEY ARE GOING BE PASSED – HMMMMM

Millionday: The speaker of the House of Representatives Saleem al-Jubouri earlier, to make concessions in order to pass important laws, because the public interest requires that everyone, in order to end differences on important laws, and that would contribute to the stability of the country.

For his part, MP for the coalition united Hamid al-Mutlaq underlines the importance that "the political blocs, without exception, a real and serious desire to pass important laws, and lack of concern by political differences, but that will not affect the public interest.

"The speaker of the House of Representatives Saleem al-Jubouri earlier, to make concessions in order to pass important laws, because the public interest requires that everyone, in order to end differences on important laws, and that would contribute to the stability of the country.

For his part, MP for the coalition united Hamid al-Mutlaq underlines the importance that "the political blocs, without exception, a real and serious desire to pa

Millionday: NOTE -- THE ENTIRE GOAL IS TO DIRECT IRAQ TO SUCCESS BUT CERTAINLY TOWARD STABILITY

Millionday: NOTE -- SPEAKER OF THE HOUSE WANTS ALL DIFFERENCES PUT ASIDE -- HUGE PRESSURE

Millionday: He says for (IMN) "The National Guard Law is one of the important laws that will agree on the approval of the political blocs in the first legislative session of the second legislative year, as keep pace with events that Iraq is going through now, and that you need."

Mutlaq and adds that "the situation that Iraq is going through now is not likely political bickering and the postponement of the adoption of important laws, which put on the shelves of Parliament years ago," noting "the existence of positive indicators on the adoption of important laws during the second legislative year."

Millionday: NOTE -- MANY LAWS ARE SITTING SO ALL CAN BE PUT IN PLACE AT THE SAME TIME

Millionday: It adds that "the laws that got semi-final by consensus, is the general amnesty and political parties and the National Guard, which is one of the most prominent laws existing law, which will allow an opportunity for the representatives of the people for a vote,

Millionday: after he got the political will to approve."

The MP said the National Alliance Mohammed fact that earlier, that the Presidency of the Council of Representatives will meet with the heads of parliamentary blocs to discuss resolving the issue of the three laws, namely the National Guard and the Federal Court and the parties.

He held a number of deputies of the Presidium of the parliament and the heads of political blocs responsibility disable some important laws in the House of Representatives.

Millionday: Hashemi 

stressed economic academic d. Majid Baidhani, if the private sector to work sophisticated way outside the traditional way to search for opportunities of integration and the establishment of non-family companies as well as find new work formulas rely separate administration for the capital as is the case in developed countries. 

He went Baidhani in an interview for the "morning" of the need Investment university students outputs in the terms of reference for the development of the means of production to their importance in achieving the feasibility, 

especially that there are projects many scientific graduated country needs to be applied to the land of Allowaqa.odaa to edit the private sector from the restrictions of old laws it represents a real opportunity for Iraq to achieve economic development in Almokhtlvh.waodh sectors that the private sector needs real attention to the state legislative and executive Abjahtaha in the enactment of new laws.

Millionday: SO --- THE PRIVATE SECTOR BEING CHANGED BY THE APPLICATION OF THE NEW LAWS REMOVES THE OBVIOUS RESTRICTION THEY ARE IN 

AND GIVES THEM A REAL OPPORTUNITY TO ACHEIVE FINALLY THE ECONOMIC DEVELOPMENT THEY HAVE BEEN WORKING TOWARD

RECAP: EXCERPT OF TERRYK , 2 JULY

TERRYK Monday Drive By 6/22/2015 11:36am edt

[.TERRYK] Hey all                                                                                                                                                                                       [arizona49] Good morning, hope you had a great Fathers Day                                                                                                                                           [KENBBQ1] .TERRYK  Howdy   
[.TERRYK] So where is this so called confirmed 3.91 rate thing that blew up my phone this weekend
[.TERRYK] Dang it was ready to go to the bank this am too                                                                                                                                                 [wushock92] .terryk Hiya Boss! 
[.TERRYK] Hey team
[.TERRYK] Just popped in to see if we RV'd
[.TERRYK] God Bless you all, will try to be back later, have some calls out one said they also were told we may see this tomorrow
[.TERRYK] Later all

OOTW CHAT DISCUSSION, 2 JULY

OOTW & Member Chat Discussion 7-1-15

OOTW: YOU ALL MIGHT WANT TO HEAD TO THE FORUM THERE'S A TON OF NEWS
gold642: 7-1-2015 Newshound Guru tlm724 Article quote: "noting that" the World Bank warned of the repercussions of the washing process taking place in Iraq, and the failure of the extremely dangerous." they have been warned and how!

it is about to bite them in the butt unless they take quick action! ...it's in everyones best interest, the IMF, World Bank and UN to ensure Iraq follows the rules, that is why this is like a kick in the rear to motivate them to take corrective action NOW!
It's truly a do or die situation and it only furthers our cause. they MUST pass the Islamic Banking Law and amend the anti-money laundering law and the banking law period! They are a separate entities from the budget!
And remember the Governor of the CBI meet with Jubouri last week and said we must have these laws done! They have a 3 month window for compliance and we do not know when that window began!
~~~
gold642: 7-1-2015 Newshound Guru OOTW I WANT TO SEE HOW GLOBAL ECONOMIC ISSUES PLAY OUT - ALTHOUGH I THINK KEYWORDS IS NOT DOING A GOOD JOB, I'VE NO DOUBT THAT THE PEOPLE OVERSEEING THIS IN IRAQ ARE GOING TO BE WATCHING THE STATE OF GLOBAL WEALTH.
NO COUNTRY IS AN ISLAND, ESPECIALLY IN TODAY'S ECONOMIC CONDITION/S. ...I WANT TO SEE THE ACTUAL PRIVATE SECTOR LAUNCHED - WHICH WE'RE VERY CLOSE TO SEEING.
I DON'T MAKE PREDICTIONS..I JUST WATCH AND REPORT...THERE'S MANY STEPS NEEDED, AND EACH OF THOSE STEPS, CONNECTS TO ANOTHER SET OF STEPS..BUT WE ARE GETTING THERE, SLOWLY BUT SURELY.
Doug_W: OOTW I get totally lost in there its too complex 4 my feeble brain
Donnie: RV is Essential to Finance the Budget 1 day ago by Iraq123 News Comments Off on RV is Essential to Finance the Budget
Donnie: i thought Iraq doesn't use the term "RV"
Satrib: so here we are, the first of another month and I notice that yet again, both Poppy and MD are stating this month or we are sooo close. SMH
chattels: ‹@Donnie› banking sector reform project = " RV " in Iraq, Kaperoni has said
[04:06:00 PM] whitelions: Shawki: next Saturday will be the inclusion of important laws within the parliamentary agenda ..... MP from the bloc likely Salim Chawki, that important laws are put on the agenda of the House of Representatives table next Saturday,
attributing the reason for today's meeting included the lack of a need for discussion, meetings and resolve points of contention. www.theiqdteamconnection....
Donnie: ‹@chattels› yes but to have "RV" in the title of a news article that is supposed to be from Iraq seemed strange. made me question the validity of that article and website.
chattels: ‹@gold642› probably four years ago
Donnie: www.iraqidinar123.com/rv-...
[04:13:07 PM] gold642: [3:09 PM] poppy3 MOD.pinkadonai1.copy: good afternoon-- I BEEN READING ALL THE NEWS AND LISTENING TO ALL THE COMMENTS . I HAVE DESIDED THAT POPPY3 GUY IS FAIRLY ACCURATE AND HE OBVIOUSLY LOVE ALL THE TRUE DINARUPDATE PEOPLE. LOL,LOL YES I CARE ABOUT ALL OUR GREAT PEOPLE HERE. POPPY3 STANDING ON NEW RATE THIS MONTH
Donnie: ISIS threatens to enter Gaza to overthrow Hamas By Abdelhak Mamoun - Jul 1, 2015
Donnie: www.iraqinews.com/arab-wo...
Donnie: maybe ISIS will leave Iraq now????
whitelions: absolutely squat that means anything got done in parliament today but because it's the first of the month people feel they have to make bold statements have they not learned yet
gold642: give me .25 or .50 and im out of this thing
Doug_W: I still have checks in this book I CAN'T be broke yet
Satrib: perfect example of why we have so many problems in our country that we cant seem to fix
Satrib: ‹@Doug_W› lmao.......years ago when I worked in a bank I actually had a customer tell me that totally serious
gold642: pay your taxes asap, buy gold to put in YOUR possession, leave every very little in the bank and dont tell anyone about your wealth
ajay214: ‹@Satrib› there should be no minimum wage at all - if I don't like what I am being paid, then it should be up to me to work elsewhere or educate myself for a better job
Satrib: the other side of that coin is.....people like that are getting hired but I can't because I don't speak spanish and made too much money in my last jb?
Satrib: ‹@ajay214› or get a job where you have options for making more money...ie, commissions, bonuses, etc
ajay214: yes, but now the government is telling business that they must scape the bottom of the barrel and pay them great wages - something is very wrong about that. Many are teens who should never get premium pay for a job they take no pride in
Satrib: I think there has to be a minimum because you're always going to have the employers out there who take advantage.....but this constant raising only raises prices all round so nothing is really accomplished for that minimum wage earner, and we just pay more
Satrib: IDK......it's a very strange set of rules we live under now
ajay214: but as long as you have a left leaning group making decisions, they will make bad ones - no minimum wage - they will have to pay what the market demands or they won't get employees
jarhead: been the same rules just identified now
Satrib: I worry for my grandkids and what their future might look like
Satrib: it's more than a bit scarey when we see that it appears the whole world is in trouble.....makes you wonder
jarhead: yes wonder whos foolin who
Satrib: I wonder if we were granted a "do over".....how many people would do things differently, make different decisions
Donnie: Parliamentary economy reveal the 50 thousand dinars coin put into the market this month Economy and tenders Since 07/01/2015 18:10 pm (Baghdad time)
Donnie: Special scales News A commission of economy and investment representative, Wednesday, for the new currency launch of the 50 class thousand dinars to the Iraqi market during the current month. He said committee member Najiba Najib's / scales News / "The central bank will present the new category of coin fifty thousand dinars to the Iraqi market during the current month after the completion of all their actions."
Najib added that "the other category of 100 000 dinars will go after the launch of the 50 category Alaracqa thousand dinars in the market for a while Alasthoudarat and procedures for that category is complete and make sure of their advantages and disadvantages."
This "revealed the Central Bank of Iraq, his request to wait for the issuance of class 100 000 dinars, noting that the issuance of 50 thousand dinars category of the local currency will be the end of this year" .anthy / 29 / d 24
Donnie: Thursday, July 2nd, 2015
Donnie: Shawki: next Saturday will be the inclusion of important laws within the parliamentary agenda BAGHDAD / integrity MP from the bloc likely Salim Chawki, that important laws are put on the agenda of the House of Representatives table next Saturday, attributing the reason for today's meeting included the lack of a need for discussion, meetings and resolve points of contention.
Said Shawki in a press statement seen by (E integrity) on Wednesday: "We arrived at the end of Chapter Sharii the first to demonstrate the differences between the political components of important laws such as the parties of the Federal Court Act, the National Guard and amnesty," noting that "there are only a point of contention and one or two in every law. "
Donnie: He added that to be the resolution of the dispute over these laws points to be the existence of meetings before the vote or put laws on the agenda, "likely be a" witness next Saturday important laws put on the agenda of the House of Representatives agenda. "
"The contentious point in the Federal Court Act is Article 12, the National Guard is the administration point", pointing out that the "law of parties is a new law came from the Presidency of the Republic and must be included in the draft, which has been read, the general amnesty law,
it should be done after the readings" . It is said that the House of Representatives resumes its sessions the first day of the second month of July 2015 enacted by the legislature, the agenda of a world free of important laws. It ended 111 Donnie: alestiqama.com/
Donnie: A commission of economy and investment representative, Wednesday, for the new currency launch of the 50 class thousand dinars to the Iraqi market during the current month.
Donnie: what is this commission I wonder: "commission of economy and investment"
Donnie: Author: Publisher on:July 1, 2015In: economy Views: 50 views BAGHDAD / Central Brief for the Iraqi Media Network (IMN) - a member of the House of Representatives said Amer al-Fayez,
The introduction of the two categories of a hundred and fifty thousand dinars is a substitute for the project to delete the zeros which is deferred. He said al-Fayez's (IMN) - that "the central bank's decision to delete the zeros from the currency, for economic rather than political reasons, which the central payment to resort to issuing coins safer than current small currencies".
The Committee on the economy and investment parliamentary hosted earlier this month, Governor of the Central Bank of Iraq and the Agency on the Keywords to discuss the issue of the deletion of zeros and anti-money laundering crimes and develop the work of private banks.
TheCatInTheHat: Did they pass Amnesty?
TheCatInTheHat: Come on Iraq get this thing done
Donnie: The introduction of the two categories of a hundred and fifty thousand dinars is a substitute for the project to delete the zeros which is deferred.
TheCatInTheHat: Hope it's good news for us!
gold642: Cabinet approves draft anti-money laundering and terrorism financing law
chattels: ‹@Donnie› I find such to be very disconcerting
gold642: money laundering law, it keeps them from being put on the international black list
gold642: the dinar needs international acceptance without that law it wouldn't have it, it would be on a black list, this is a biggie
gold642: The bureau added that "The Council approved a draft anti-money laundering law, and the financing of terrorism," noting that "This project is of great importance for his role in drying the sources of terrorism and to respond to international trends in this area."
gold642: all leading us towards our goal of international acceptance of the dinar, then Iraq can dedollorize ! Use their own currency for their bills and everyday transactions
gold642: Association of Banks: Adoption of the Money Laundering Act will give the world confidence and prevents the entry of Iraq in the black list
gold642: Adoption of the Money Laundering Act will give the world confidence and prevents the entry of Iraq in the black list
gold642: seeing this law written with the help of these agencies makes me confident that it was done right and should pass through Parliament quickly.
gold642: Association of Banks: Money Laundering Act legislation will give confidence to the global private banks
gold642: money is gonna flow like water and not out the back door of Iraq either, this law will stop the lions share of corruption !
chattels: if the issuance of the larger denom is a substitute for the deletion of the three zeroes then how can the deletion of zeroes mean what many have said it to mean over time
chattels: very curious to say the least
chattels: IMO
Donnie: agreed
gold642: good or bad?
Donnie: 2 articles regarding the same subject today
Donnie: the good news is they are issuing the 50k note earlier then next year?????
chattels: ‹@gold642› it does not inspire confidence on my part
gold642: WHAT DOESNT
chattels: ‹@gold642› the news " The introduction of the two categories of a hundred and fifty thousand dinars is a substitute for the project to delete the zeros which is deferred. "
Donnie: Parliamentary economy reveal the 50 thousand dinars coin put into the market this month
Donnie: and this:
gold642: gotcha
Donnie: Fayez: categories of fifty and a hundred thousand dinars deleay to delete zeros
gold642: so when iraq runs out from thier budget, then what
Donnie: launch 50k and 100k to lower note count on the street.... then delete zeroes?
gold642: ‹@Donnie› im gonna hold you to it
Donnie: ‹@gold642› not my words - read the article
Donnie: center-imn.net/1/
Donnie: www.mawazin.net/%D8%A7%D9...
gold642: ‹@Donnie› too late your labeled to it :ninja:
gold642: :smile:
gold642: 7-1-2015 Newshound Guru sczin11 JORDAN BANK IN MOSUL STATES BUSINESS AS USUAL...MULTIPLE RELEASES AND VIDEO INTERVIEWS, THAT BANKS ARE OPERATING IN MOSUL,
LIKE NORMAL! ...WHY IS THIS SUCH IMPORTANT INFORMATION? MANY HAVE CLAIMED NO potential change in value UNTIL ISIS OUT OF MOSUL...
MANY HAVE STATED EITHER MOSUL BANKS WERE CLOSED OR RUN BY ISIS...MANY HAVE STATED WHY WOULD CBI potential change in value AND GIVE ALL THAT MONEY TO ISIS SINCE MOSUL IS RUN BY THEM...
MANY HAVE STATED ISIS IN SUCH CONTROL OF THE COUNTRY THAT MR CAN NOT BE COMPLETED...
WE HAVE HEARD REPORTS OVER LAST MONTH THAT MOSUL WOULD BE, IS, OR WILL BE LIBERATED SHORTLY...HEARING AND READING ALL THESE RELEASES, IS CONFIRMATION TO ME, THAT ISIS IS NOT HINDERING THE COMPLETION OF THE MONETARY REFORM, AGAIN, JMHO...
gold642: why you asking me, it was just posted everywhere
chattels: Baghdad, Iraq Press -1 July: President of the Kurdistan region Massoud Barzani answered the questions asked of the commission of inquiry into the causes of the fall parliamentary Mosul.
chattels: i love my friend " yang ", but he and i are not on the same planet regarding security and stability issues related to DAESH
Donnie: just the facts!!!
gold642: i'll alert the media
gold642: Happy Birthday Dr. Shabibi
gold642: wonder what Maliki sent him wrapped up
gold642: ‹@chattels› Ron White for President
vtech: Still think Robin williams would be better
chattels: 1/3 ofIraq is occupied by a hostile force and there are 2.5 million displaced persons in Iraq, Baghdad and other places are terrorized everyday
vtech: And how much of that is true when have seen a ton of times the news about that has been very misleading
chattels: the central government is " at war " with the Kurdistan Regional Government and other wise dysfunctional
chattels: there is still not a " fully seated " government and the notion of rule of law is still a farce
chattels: corruption and self interest are the moral standard
vtech: so nothing will happen in July then ?
chattels: i have no need to persuade anyone of anything
chattels: i am unpopular because of my conviction so i am not pandering to anyone
chattels: ‹@vtech› ‹@vtech› i have no real idea nor do i expect to
gold642: ‹@chattels› then your buying us all breakfast everyday until august
vtech: lol
chattels: we are not supposed to know and we preoccupy ourselves with the conceit of such
chattels: ‹@gold642› i now know who you are
disciple7: ‹@chattels› agreed
vtech: very true
gold642: no chattles i steal those lines
chattels: ‹@gold642› i do not understand the use of pseudonyms and i deplore deceit and the absence of transparency and accountability
ajay214: ‹@chattels› I like you AND your convictions! Gotta love a straight shooter!
chattels: ERBIL, Kurdistan Region — In a continuation of the Anbar military campaign, some 32 Islamic State militants have been killed, Iraqi officials claimed Wednesday.
According to a statement released by the Iraqi Interior Ministry, Iraqi security forces in corporation with the Shiite militia movement known as the Hashd al-Shaabi, or Popular Mobilization Units, hunted down 10 militants near Habbaniya in central Iraq. The statement added that in a separate operation US-led coalition airstrikes blasted several ISIS bases west of Samara, killing 21 ISIS militants and destroying two ISIS vehicles.
chattels: increasingly the news is approaching a " body count " reporting similar to Viet Nam
http://rudaw.net/english/middleeast/iraq/010720154
chattels: rudaw.net/english/middlee...
Sam: been a long time just got my dinar out and got a good wiff out it
[06:38:48 PM] jazzyblue: OH YOU CAN BE A PROUD HUMAN RIGHT BUT YOU GET TO PASS JUDGEMENT ON EVERYONE ELSE LOL TOO FUNNY
[06:40:22 PM] chattels: wikiislam.net/wiki/Quotat...
http://wikiislam.net/…/Quotations_on_Islam_from_Notable_Non…
jazzyblue: well, i have to agree that iraq just cant keep piling that war debt up..........it has to give somewhere
ajay214: give me a dime and I am like that Robertson fella, happy, happy, happy
OOTW: THEY HAVE TO THINK ABOUT THE CORRUPT
OOTW: TOO
OOTW: LOTS OF CORRUPTION MONIES FLOATING AROUND
OOTW: THE POLITICIANS ARE MANIPULATED THE PRICE OF THE DINAR - HOW DO THEY DO THIS?
OOTW: THEY'RE EITHER FUNNELING MONEY THROUGH THE CBI OR THEY'RE PUTTING IT INTO THE MARKET OR DOLLARS RIGHT?
~~~
OOTW: DINAR OR DOLLARS AND WE SEE DIFF RESULTS RE THIS EVERY DAY
OOTW: HOW CAN THEY ENACT ONE POLICY OR THE OTHER WHEN THIS IS HAPPENING?
OOTW: KEYWORDS CAME OUT TODAY AND SAID HE'S TAKING CONTROL OF MONETARY POLICY LET'S SEE IF HE CAN DO THIS AND THE COM (ALTHOUGH THE SITE IS STILL DOWN) IS SAID TO HAVE AGREED TO ENACT MONEY LAUNDERING PROTOCOLS
OOTW: JUST CURIOUS..HOW CAN THEY ENACT MONEY LAUNDERING PROTOCOLS AND NOT TRACE EXACTLY WHO'S DOING THIS AND/OR CHARGE THEM?
OOTW: ONE DANANER ARTICLE I POSTED OVER A WEEK AGO SAID THEY HAVE IT TRACED TO I THINK ABOUT 25-28 MP'S
OOTW: WONDER IF THEY'RE SLC?
Sam: lol
Sam: wonder
OOTW: LOL
ajay214: maliki could be using his goons to do this and there are plenty in the com to do his bidding - question is - when is enough going to be enough - he is worth more than $50 billion
EdoBini: Unless Maliki goes out from scene, RV will never happen.
whitelions: I don't know how you can think that the rv can't happen as long as Maliki is around that is the farthest thing from the truth if your watching the news there is a patteren coming out and Abadi is getting just what iraq needs
EdoBini: Abadi can only do so much. Alak I is one of Maliki's goon. He pays more attention to Maliki's idea than the GOI
chattels: if we are dependent upon the absolute removal of Maliki or maliki - like personalities then we will be longer awaiting fruition than just now, IMO
] whitelions: ‹@EdoBini› your right Abadi is only 1 man but he has more savoy than maliki or any of his goons ever will Abadi got Maliki to give up his office and as of late he has gotten the SOL to back down and vote the way they should on the up coming laws and how do I know that b/c they are telling us in the articles
EdoBini: Maliki is like a snake. To finish off a snake, you have to cut off its head completely. otherwise, it will come up again to bite you.
chattels: He could be the classical Hydra
creekside: ‹@whitelions› Thanks for your opinion on what's happening.
] whitelions: ‹@EdoBini› those are just sayings I can quot stuff like that all day but I like what is happening right now they are on the move and thats a great thing for us and the dinar
chattels: In Greek mythology, the Lernaean Hydra (Greek: Λερναῖα Ὕδρα) was an ancient serpent-like water monster with reptilian traits. It possessed many heads – the poets mention more heads than the vase-painters could paint – and for each head cut off it grew two more.
chattels: " ........... for each head cut off it grew two more."
EdoBini: Agreed.
JT.Colorado: Has the conversation around the 50,000 note coming out this month come up yet?
Donnie: a couple articles were brought in today
Donnie: center-imn.net/1/
http://center-imn.net/1/?p=17937
Donnie: www.mawazin.net/%D8%A7%D9...
http://www.mawazin.net/%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5…
JT.Colorado: some say it's a way to de-dollarize and then possibly 1-1 value and some say it's a reverse to a revalue ...
JT.Colorado: thanks for the links but I couldn't quickly figure out how to switch translation
OOTW: wealthwatch.world/showthr...
JT.Colorado: Thank you, I am sure once you know more you will let us know. Didn't know much but what the article stated.
OOTW: SURE HERE'S ANOTHER ARTICLE TO CONSIDER
OOTW: wealthwatch.world/showthr...
http://wealthwatch.world/showthread.php?tid=755
Secretariat: :sad: :sad: :sad: I don't like us going this far into July.................looks like we'll be here much longer. I've noticed that they inch along and give us one something each month.......so what will it be for this month, another article on swiping the cards, or it's about time to bring up HCL again and then we'll start hearing more about deleting the zeros..................Got me going in circles
Secretariat: But all we an do is "Wait"
JT.Colorado: If they can pass these laws by Sat., release the 50,000 to remove dollar from the streets, it could still shift to .90 by the end of the month ...?
Secretariat: That would be a miracle JT..............and we hope it does happen
OOTW: THE TARIFF'S HAVEN'T BEEN IMPLEMENTED AND AREN'T SAID TO BE UNTIL AUGUST
Tootsie: ‹@OOTW› yes, aug
Secretariat: So August before we can possibly see anything??
Tootsie: IMO we have a way to go yet , my thoughts. Several laws need to be taken care of , etc
Tootsie: sadly!
OOTW: WELL WE'RE SEEING SOME FORWARD MOTION ON THAT
Secretariat: Tootsie, I agree with you...............we still may be here in December, January!!!!
OOTW: HERE'S A THREAD
OOTW: wealthwatch.world/showthr...
http://wealthwatch.world/showthread.php?tid=745
Tootsie: ‹@OOTW› yes, some are actually being resolved or ? at least presented. thankfull
OOTW: YES
Secretariat: Question: Did Parliment vote on Amnesty(sp)?
Tootsie: ‹@OOTW› thank you so very much for your hard work and dedication. I am sure all of us do appreciate it!!!
Tootsie: Good to see that CBI market rate was 1237 . keep it moving down fellas
Allie: Hi there Tootsie how are you today?
OOTW: THEY'LL HAVE TO DO A LOT BETTER TO GET IN THAT 2% RANGE
OOTW: IF THAT'S WHAT THEY NEED TO DO THAT IS
OOTW: LOL
OOTW: "LEAKED: WHAT'S IN OBAMA'S TRADE DEAL?" wealthwatch.world/showthr...
SoldieOfGod: Alot has been done
SoldieOfGod: what counts is we are heading in the right direction
Secretariat: Allie and Tootsie, evening to you guys!!!
Secretariat: A trade deal???
OOTW: I DO BELIEVE WE'LL GET THERE- BUT I WILL BE SURPRISED IF KEYWORDS STAYS
AuntieMame: Please pray for my friend Carol. I called her she said she called her doc he told her to go to hospital. she feeling woozie wobble stomach upset. we been friends for 38 years.
Tootsie: ‹@Allie› hi there!! been out of loop for cople days, studying online -- ugh
OOTW: AWWW OF COURSE AUNTIEMAME
Tootsie: brain dead!
Secretariat: Soldier of God...................said it ain't so Ethel :grin: heck, I was just going to get a snow cone
AuntieMame: like a sister
Allie: hey there Secretariat
Allie: don't you like the name Ethel lol
Secretariat: hi-ya Allie
Secretariat: Allie, I love it..................
Tootsie: ‹@OOTW› truly do, but thank heavens not sitting at the outrageous 1379 of a few days ago. C'mon fellas, get it back down !!!
Tootsie: ‹@AuntieMame› g/e to you.
OOTW: YES TOOTSIE
SoldieOfGod: lol
rollonjohn: GE Tootsie
] AuntieMame: hello tootsie
Tootsie: ‹@rollonjohn› well !!! hello ROJ, my dear friend!!!
rollonjohn: ‹@Tootsie› Hope you had a good day!
[08:47:40 PM] Tootsie: ‹@rollonjohn› lol, :happy: hit ghe grocers, and such, still fighting the water from deluge of rain! LOL , fine to far , TY
rollonjohn: ‹@Tootsie› sounds exciting lol hope the rain stopped!
jarhead: ‹@Secretariat› DONT MATTER WHY THEYRE DOING IT
jarhead: WRONG
Tootsie: ‹@Secretariat› love your name. I was watching when Secretariat won the Triple Crown SOOOO Thrilled!!!! and fantastic horse. did you happen to see the movie!!!
Secretariat: jarhead, no but was curious!! I'm not going to watch that nonsense.................this world has gone to pots!!
AuntieMame: ‹@rollonjohn› ge to u too
jarhead: IS ANYONE LISTENING
Tootsie: ‹@rollonjohn› haha, yes, you know each day of my life is truly exciting - over the top - right?? hahaha
jarhead: THIS IS OUR COUNTRY
jarhead: WOW
Secretariat: No laws...................do what you want, cut off a beautiful gift from God and make yourself a woman........hell I could have used that :grin:
Tootsie: ‹@jarhead› yes, but there is no understanding of total stupidity. - ME< they would all be in jail ,
jarhead: LATER
rollonjohn: ‹@jarhead› I am and don't have words for it right now
AuntieMame: ‹@Secretariat› u talkin bout what I am thinkin lol
Tootsie: ‹@Secretariat› you would be surprised as to what the 'parts' were used for in female (supposed) transformation. I was!! totaly
Secretariat: Tootsie, what???? I can't imagine
Tootsie: it would not be acceptable to post here, but just do a google search,
Secretariat: Tootsie, you got it..........
Secretariat: Tootsie, back to the spin cycle
Tootsie: ‹@Secretariat› hahahaha
Tootsie: makes me angry stating "woman" grrrrrrrrrrrrrr
Secretariat: Yep
Tootsie: sully -- just noticed your name, I have that as a nickname for a friend ;0
AuntieMame: women are special people
Secretariat: AuntieMame..........yes and will always be
Dianne777: So my son's girlfriend is traveling to Greece the end of July, with another girlfriend, think thats a smart move?
jarhead: no more special than men
jarhead: we r the same
jarhead: u want equal we r
jarhead: sorry for the buble burst
MichelleL: hello - my computer is totally fried, lost everything - not a good week
Secretariat: jarhead, burst our bubble anytime
MichelleL: won't be on here much till
MichelleL: i figure something out
] jarhead: im sorry im mad
EdoBini: Tony tnt call is becoming irrelevant by the .day . .
AuntieMame: when I was working guys were paid $2+ more per hour than women were. And doing the same job
jarhead: who cares bout tnt
jarhead: or any other room thats the point
jarhead: i mean really
Secretariat: EdoBini..............lol
MichelleL: goodnight
EdoBini: l know. No body cares.
jarhead: wake up
AuntieMame: ‹@Dianne777› I would be afraid to go there right now. might get robbed
Secretariat: or arrested
AuntieMame: ‹@jarhead› makes u feel like ur military service was for nothing
jarhead: if this room keeps talkin bout other rooms and keeps bashing them this is no different
Dianne777: arrested for what?
jarhead: ‹@AuntieMame› many of my brothers n sisters died
jarhead: not right
EdoBini: for felon
Tootsie: ‹@MichelleL› oh NO NO , I have had that happen - sickening. I am still not good at backing up stuff. glush
Tootsie: ‹@AuntieMame› right!!!
Secretariat: bbl
Tootsie: ‹@AuntieMame› heck, might get robbed going to Wally World ~~~~~~~~~~~~~
AuntieMame: true
Tootsie: ‹@jarhead› right on!
AuntieMame: I need dark chocolate and am out.... :sad:
Donnie: ‹@AuntieMame› that stinks
Donnie: ‹@AuntieMame› i make sure to always have some on hand
creekside: ‹@jarhead› :smile:
AuntieMame: I forgot granddaughter gave me some dark chocolate kisses for valentines day lol
Tootsie: ‹@AuntieMame› and you still have some?? wow!!
Tootsie: Personally I like real kisses over chocolate ones. hahaha (giving away too much info rofl)
Donnie: mine would be gone in a day
Tootsie: ‹@Donnie› me also!
Donnie: i keep Kind Dark Chocolate cranberry bars on hand for emergency
Donnie: i eat or drink chcolate every day
jazzyblue: dont ya just love calling it "emergency"? lol
Donnie: yup!
jazzyblue: i loveeeeee my chocolate
AuntieMame: ‹@Tootsie› just finished my bags of dark chocolate chips. I melts chips in my mouth then add walnuts, or pecans. yummmmm
Tootsie: ‹@Donnie› hahahaha, funny!
Donnie: it's like cigs to a smoker i assume
jazzyblue: yeah i would have to agree with that donnie
AuntieMame: ‹@Donnie› yes
Tootsie: oh, at store today, purchased , from bulk area, honey toasted pecans -- OMG, soooo good, almost all gone
jazzyblue: those are pretty good
Tootsie: I have no NO willpower ---
jazzyblue: i have to say my ultimate cant pass it up no matter what is malted milk balls .........i loveeeeee those things
Tootsie: ‹@Donnie› that was the hardest thing I have done in my life. From 3 packs a day down ~~ took me a year, seriously
] Donnie: people at work said i was addicted to chocolate - i said no - i just like it - so to prove them wrong i went 7 days with no chocolate and had no craving for it
jazzyblue: hmmmmmm afraid i would have withdrawal on the chocolate lol
AuntieMame: I need to go catch yall later
Donnie: BBL
Tootsie: ‹@Donnie› ‹@AuntieMame› me also -
TxBrand: www.redflagnews.com/headl... ISIS posted a map of July 4th FBI command centers on Wednesday.
Tootsie: Take care all - remember to keep the faith, some may remember this ~~ It’s the possibility that keeps me going, not the guarantee ~~~ hang on !!
] Tootsie: ‹@TxBrand› they are a force to be reconed with, the USA is not impervious to such, IMO, the National Pride and Patriotism are at the lowest points I have ever witnessed. Patriotism seems to have vanished ( or maybe I just am not recognizing it ??) anyway, they are a world wide concern, ISIS/ISIL - DAASh