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DINARESGURUS.BLOGSPOT.COM_________________ _______

Monday, August 3, 2015

TERRYK CHAT UPDATE, 3 AUGUST

TERRYK Drive By 8/3/2015  9:46pm edt

[terryk]: Hey all
[DrRod]: Hey terryk:
[terryk]: How u all like the new site
[DrRod]: it's great. CHANGE is a good thing. Keeps us sharp and learning.
[graciousme]:  Hey TK
[Grandmaster]:  It's great 
[arizona49]:  hey there boss 
[Godswarriordan]:  GREAT TO SEE YOU 
[arizona49]:  DrRod Good to see you again......we continue to learn, don't we 
[arizona49]: TK The site is awesome, everyone has been very patient while in the learning process of a few new items
[floriada]:  so...what's the latest info on RV? what about CMKM too ?
[terryk]:  Things pointing to this week, have not heard anything on cmkm
[floriada]: thank you!! need money NOW
[terryk]: We all do I think

MNT. GOAT UPDATE , 3 AUGUST

They are down to the end of their time frame to complete these reconciliation reforms I have referenced so many times already. This effort could not go on forever and this end had to come someday. The WTO wants them as members and they are slotted to ascend to full member pending currency reform and tariff implantation.
Remember it is always all about the $$$$. Having tariffs means a % goes to the WTO automatically through the software payment system. This could mean billions annually for the WTO. Having an international currency means ease of trade and payments, but it also mean having the rate set in the exchanges where they need to reference it for conversion in the software system (referred to above). It is all interconnected.

I know the plan as it was detailed to me many months ago. All these aspects are interrelated and interconnected such as the needed reconciliation (or Erbil), security, banking and relations with neighboring countries. But our attention now should be on Abadi and the Reconciliation effort and its completion since we see these other areas there are no issues and are under control.

Did the Customs and Tariff law get enacted? YES ... It positively did get enacted and is now in full force. I am hearing the rollout of these new taxes is slow and so far the impact is MINIMAL thus the pressure to RV is minimal impact also, but only for now. 

SUNNY POST FROM TNT : TONY'S CLIFF NOTES, 3 AUGUST

Highlights of Tony's CC.  Updated as the call progresses.
BILLS ARE DUE AGAIN:  Donations can be made directly to Tony's address:  9480 Oak Avenue Parkway, #7269,                                                                                                                                Folsom, CA. 95630

Tony:  I know we are close.  Really close.  Why are we still here?  People are confused and frustrated, but not upset.  Starting Friday, over the weekend, people were expecting it to be announced. . .That was the plan. Bank memo's went out over the weekend, telling them not to plan vacations for August and Sept, expect overtime, the final phase had begun and to be ready soon.
DC: 

CURRENT WINDOW:   Tony:  Will we see something this week?  I don't see why we shouldn't.  As we speak, people are anticipating something to happen. . . Everything is done accept the announcement.

IRAQ:   123 degrees today.  Tariffs went in effect on Saturday.  Taxes were to go into effect this weekend.  Started selling bonds yesterday. Unknown if government heads followed through with their salary cuts yet. Tony:  Ask yourself how do they pay a 20% increase when they did not have enough to pay with anyway?  There were riots this weekend;  lack of electricity, AC, and on and on.  It builds and builds. Something has to happen and quick.  If they have an RV, the country has money, they put up more generators, etc. and life would be much different. Those things will change as soon as the RV happens.
  • Government Officials 50% pay cut:  Tony:  Next things I'm looking for is payday to see what happens.    
  • Bonds: Tony's opinion:   Iraqi citizens have first opportunity to buy the bonds before they go International.  They're bonds don't have to go International.   Could be offered just in-country.
  • Maliki's plane was confiscated over the weekend.  He's being confined to an area.  His followers are being neutralized one at a time.
INTERNATIONAL:    
  • Puerto Rico has $50 - 90 billion due today or tomorrow.  Tony has not heard if this has any effect on the RV.   
  • Rates    
UNITED STATES:     
  • UST:    
  • Banks:    
  • Packages: 
Caller:  On You Tube a two minute video about military:  "Food City Salute" .... will bring tears to your eyes with pride and respect.     
Caller:  Said he had contacted two investment firms, brokerages (Fidelity?) and they said they would exchange him.   

EXCHANGE PLAN:    The banks have done training at select locations.  Tony expects to advise us of phone numbers to those locations for exchanging of our currencies.   Tony:  I'm going to get the word, whether the banks tell me or not.  I may be sending the word out on Twitter saying it's live.

CLOSING STATEMENTS:
PAM:
RAY:  Marvelous Monday.  Continue to enjoy the day and see what future brings us between now and then.
TONY:  Everything is still positive.  Everybody positive.  They are positive it is still going to happens and there is opportunity for it to happen.  People were frustrated . . . new energy this morning, everything in place and attitude to get this going.
Anything dramatic or crazy happening I will do another call today.  We wait and I look forward to do another call.  Hoping it's a goodbye call.  Maybe I will send out a Tweet this afternoon so you know everything is still positive.  Enjoy the rest of your day.

TNT CC NOTES, 3 AUGUST

Replay 605.562.3179, PIN CODE 409029#

http://events.instantteleseminar.com/?eventid=73068312

Tony:  Good morning, TNT!  Today is Monday, August 3, 2015.  I didn’t wait for everyone to come in this time, but the number is growing. Where do we want to start this morning?  There is a reason we are still here.  Meanwhile, the bills are still due.  Pam says that the bills are red, and we have stuck it out as long as we could, hoping we’d never have to ask again.  I know we are really close and we want to be here for you all, so it’s up to you.

Why are we still here?  I don’t know.  People are confused, but not upset.  It should have been announced over the weekend.  Bank memos went out again over the weekend, telling people not to plan any vacations for August, September, that there would be some overtime work, and that the final phase has begun.  We don’t know when that is, but the are being told to be ready for this. Those were bank memos to their people.  I hear they are mad at me for saying some of this, but everyone on this call knows this is happening, so it can’t be wrong to tell you that they are ready as well.

We are frustrated and ready to get this over with.  It looks like the last phase has begun and we can get on with our lives.  It could happen this weekend – I see no reason it shouldn’t.  The tariffs did go into effect on Saturday, the 1st, along with the taxes. Everything that was supposed to happen did happen apart from an announcement of the RV.  How will they deal with a 20% on all imports to a war-torn country when they can barely pay for food… then they add the taxes in on top of that.  They cannot do that without giving people some kind of monetary relief, which they have not done as yet. People were in the streets protesting about the heat, lack of electricity, etc., so something has to happen and happen quickly.

I got a letter from a guy in Iraq this morning.  [silence – call was lost]   I guess that’s one way to shut me up!  The guy was telling us what is going on over there.  It’s 142-149 degrees over there!  They haven’t been outside since Thursday.  So we know what they are complaining about with no electricity or A/C and now 20% increase on everything they buy when they don’t have any money to buy it with.

How does this affect the RV?  Even now, people are anticipating it.  I was going to get on the call and try not to say anything to see how that will affect things. There’s not a lot of say because everything is done apart from the announcement.  They did start selling bonds yesterday. So everything they said would have to be done before the RV or as a result of the RV, those have all been done. There simply haven’t been any international sightings. We should have seen it over the weekend;  that was the plan.  It should have gone but it didn’t.

As usual, we should have some answers this afternoon, after the call.  There are people back on ‘any minute’ watch, ready for this to happen.

707 caller:  There is a YouTube commercial/ad that I want to recommend.  It’s about military families, and it’s called Food City Salute.  If anyone has military history in their families… watch this.

617 caller:  I’m very good, thanks.  Have they cut the salaries in half as well?

Tony:  They said August, and I don’t know what day they get paid this month.  I have asked my people to find out what day they get paid. Should be the first week of the month, I would think, but they haven’t set a standard pay day yet.

Caller:  There is a slot tournament in Vegas on the 13th – do you think I should go?

Tony:  I think there’s a good change we’ll all be Vegas for the 13th.

Caller:  Okay!  I’ll be at the Venetian!  Vegas, Vegas, Vegas!

301 caller:  Is the zim still eight zeros?

Tony:  My understanding is that they are dropping six zeroes.

Caller:  So that would leave eight zeros?

Tony:  Whatever it is, take six zeros off.  All weekend I’ve been expecting this, with the bonds, taxes and tariffs, and bank memos.  They are still telling people to get their people ready right now, not in a month or two months.  They did implement the tariffs at the borders, and some provinces wanted to fight it because they don’t have the money, but they were supposed to have the money by today.  We’ll have to wait and see what happens today.

Caller:  Thank you and Vegas, Vegas, Vegas!

404 caller:  About Maliki – sometimes he seems to be present, other times he is not.  What are your sources saying about Maliki?

Tony:  His plane was confiscated over the weekend so he is not going anywhere.  He’s been put in one area and his entourage is being removed from positions of power, authority and influence.  He is NOT a factor in what’s going on at the moment.

Caller:  There seem to be indications that long-term dinarians are on bank lists so they will be contacted when things happen.  What about people who never bought from banks?

Tony:  I do know that some people have been contacted by bankers who kept their list in case this crazy thing actually happens.  I know one bank has asked their people to go back and search those who bought foreign currencies and created a list off that.  Other bankers have kept their own personal lists from people who have made enquiries.  I know someone who was called on Friday by a bank and told that he could take ten of that person’s people, so the banker is using the dinarian to create the list for him.  He said he would do things for them on Sunday but it didn’t happen.  They cannot help you unless they know that you have currencies.

Caller:  [Appreciation]  Vegas, Vegas, Vegas so Tony can go!

302 caller:  On the internet, they said the highest temperature in Iraq was 120, it just feels like 159!  Some internet sources say that there will not be 800 numbers;  what is your view?

Caller:  I just try to do whatever they ask me to do – the banks, people who are briefing me.  I get phone calls asking me to do this or that, and I will do whatever will help people get through this more smoothly. They had five different sites they  would put out information through, and the Goat is not one of them.

So… here’s the bank with branches in all 50 states.  In all those states, you have 5-20  locations where people have been trained to do this exchange process – they have been trained on how to answer the phone, which personal banker should get which client at what level.  So, as a bank, do I do what I spent all this money on for staff, locations and security OR do I just say, “It happened, so six million people will just call and show up at random, confused and frustrated and causing confusion in all my employees and alerting them that what they heard in the last few years was a lie, and having them walk off the job.”  Which would you prefer if you were the bank?

Caller:  I would think the bank locations would be better.  I know many banks have other locations besides actual retail banks.  And I imagine they only taught a select few, because otherwise all their staff would buy currencies and run off.  So what I am hearing is that you will hopefully get the numbers or information that would send us to those select locations.

Tony:  That has been the plan for years.  I don’t know HOW they plan to do it – sending you to static sites, 800 numbers, one 15-minute call, a series of calls… they have to do something to make this more organized, and also to keep it quiet.  If/when the general public finds out, they will get upset because they could have taken part if the banks hadn’t kept saying this was a scam.

Caller:  What timeframe do you think this will take?  A few hours?  A day?

Tony:  I would have thought they would take a day to train us, to make sure I understand before giving the information out to the public.  I would be willing to have a bank person on the  call, but they don’t want to do that.  It was supposed to go Thursday or Friday, and let’s say they asked me to come to explain it. Then it didn’t happen.  They don’t know me, they just know that I have a bigger audience. They don’t trust me, they are worried that I might just give out my opinion.  However, I agreed to give out just the information.  But if they don’t trust me, and it doesn’t happen, then they think there might be chaos. So they probably don’t want to give me the information until after it’s live.  Then they are willing to do that part and then go from there.  Even though I have gotten the times before, it has never happened.  After the fact, they don’t care.  I’m going to get it no matter what because I have a lot of contacts.  I don’t have to wait on the banks or the powers that be.  I get to decide if I want to do a call OR if I wait to talk to them before sending out the information.  We can do that in the interests of a smooth transition, or I can tweet it out and we can all pile into buses like they do in Texas.

I don’t think it’s going to go live on Forex, but the banks are definitely going to know, and the global/international traders because the rates and prices will change and they need to know that.  The banks will know.  The news networks won’t know until afterwards.  All the plan for the general public are for after the international release;  you won’t know before.

Caller:  Who do you think will call you and say it’s time to go?

Tony:  I have an idea who will call me.  They have a system in place, but they change the whole system in an hour.  I can only say what makes sense to me if they want this to be organized and not total chaos.

Caller:  If the banks can see the rates on the screens, how can it not be live?

Tony: They are getting notifications the same as I do, “this is the window” then it doesn’t happen and they cannot make it happen.  They have memos saying ‘this weekend’, or ‘get ready, put your people on standby’.  They are frustrated just like we are.  Someone at some higher level is saying “it could be any time, get ready”.  I used to be in the military and we’d scramble at a moment’s notice, and we’d sit there on the runway for an hour, then turn them off and go back in the building, mad and frustrated.  That is the process, and there is nothing we can do about it until it happens.

Caller:  RV, RV, RV!  Then we can go where we want!

Jerry on Skype:  Instead of going through the exchange process at the ban, can I exchange at an investment firm?  I have dealt with this investment house with my own retirement accounts throughout my career, and I’d rather do this as a one-stop  process than have to exchange and then transfer funds.  I have contacts who said they can exchange me.

Tony:  Sounds like you have a plan!

Jerry:  Anyone who listens to you and then doesn’t plan, they have a problem!  If you don’t have faith in anything, you will waver.  I waver occasionally, and then I remind myself that we just have to sit back and let this happen.  Vegas, Vegas, Vegas!

432 caller:  What’s your address so we can send you a check?  Thank you!

Tony:  9580 Oak Avenue Parkway, #7269, Folsom CA 95630

512 caller:  You mentioned the bonds earlier – are they trading the bonds right now?

Tony:  Over the weekend, they explained on television how the bonds work, and that they have the opportunity to buy bonds, which went on sale on Sunday. We’ll find out exactly what is going on.

Caller:  So the heat has nothing to do with stopping the RV?

Tony:  No, they are upset because the RV hasn’t happened, because they need money to buy air conditioners and power plants and generators. With the RV, there will be a flow of money in the country to rebuild.  Nobody knows why it didn’t happen this weekend because everyone expected it to go.  The next thing I am looking for is when they get paid this month, because they said they were cutting their pay by 50%.  I don’t know of any country or government doing that unless they will benefit somehow.  I would cut my check if it’s being revalued, but not otherwise!   The Iraqis are just as smart as Americans, and they know BS when they hear it.  They know politics!

Caller:  Lou Reed said three things:  Don’t be afraid of anyone, get a good bullshoot detector and learn how to use it!  Vegas, Vegas, Vegas!  and Texas, Texas, Texas!

318 caller:  How are you?

Tony:  I’m great.  I could be super-fantastic.  Usually I’m like that when I have something to look forward to, but today there isn’t any bad news, but I’ll probably get some news over the course of the day.

Caller:  You’ve answered most of my questions.  Vegas, Vegas, Vegas!

281 caller:  Is there a difference between the bonds that are happening in-country and international bonds?

Tony:  I’m not really into the bonds because the RV will happen first.  Bonds are long term.  The same bonds are available to the Iraqi people to build up their economy;  they have the first opportunity to buy these bonds because they are not international yet.  They can buy them now, and then they will be offered internationally in a couple of days.  Those who can take advantage of the in-country sales will get a better rate, probably.

Caller:  So there could be a delay between the bonds being available in-country and being offered internationally?

Tony:  Yes.  They don’t have to have bonds go international.  It depends on the specific bonds.  Sacramento is selling bonds to build a new stadium, and other countries are not interested in that.  In Iraq, bonds could be sold to build specific things, and they need not go international at all.  If the Iraqi bonds are international as expected, that would be a big deal because there would have to be a rate.

Caller:  Have the currency dealers been informed about a rate change?

Tony:  Not to my knowledge, but the ones I have talked to expect some kind of notification.  They were supposed to do certain things, but since that whole situation has changed, I don’t know what is going on.

Caller:  Are they trying to keep us off-guard, or is it just that badly organized?

Tony: Oh, it’s very well-organized. If you can put together the various pieces, you’ll get a clearer vision of what’s going on.

Caller:  Texas is well-represented today.   Remember, when we get into those buses, they are coach-style, not school buses.  We do it in style!  Vegas, Vegas, Vegas!

559 caller:  I’m not from Texas – I’m a little south of you in California.  Does Texas  have enough room on the buses for everyone to join them?  I was ready to pack up and go out there just to get on the bus!  Obviously we are close. I’m glad you gave out the address because not everyone gets on with PayPal, so it’s great to be able to send a check.  [Appreciation]  We need to support you as well as you support us.

Is there anything to do with them holding back?  I imagine their PM is starting to lose face, but you have said in the past this has to do with a global event… is that affecting this?

Tony: When things were going on with Greece, they had meetings and said, “Let’s see how this affects the markets”, and something similar with Iran and China. During moments of crisis, people say “let’s do this!” or “let’s wait!”  Each country puts the pressure on when they are in crisis.  Puerto Rico needs to make their payment right now – where does that fit into the situation?  Is that as bad as Greece, for instance?  Probably not.  If this goes, of course this will give all the countries the money to make their payments.

As for the riots in Iraq, they get that way every summer because every year they are dying of the heat.  It’s worse this year because of global warming, which I can see here and it’s even worse there in the desert.  Yes, it is affecting Abadi’s reputation because you can only say things like this so many times before people lose faith and begin to wonder if he is lying or just not in control.  Too many people are wondering if Abadi is losing his grip. The plan is for Iraq to be as wealthy as Iraq, and nobody wants to have to start that process over again – we have gone too far for that.

Caller:  Today is my anniversary, so I hope to get a nice anniversary present at least!  If we wait between now and eternity, it’ll come real soon!  Vegas, Vegas, Vegas!

Tony:  Pam says that she cannot say goodbye to us today, but hopes we will talk again.

Ray:  Enjoy this Marvelous Monday and see what it brings between now and then.

Tony:  Everything and everyone is still positive that it will happen and we are in the window of it happening.  Everyone was frustrated that it didn’t happen over the weekend, but there is a new energy this morning of “let’s get this done”.  I’m sure I’ll get more information later today.  If something crazy is going on, we will do a call.  If not, we will sit back and wait, knowing that it is coming, and look forward to the next call, which I hope is a goodbye call.  If not, we’ll be here on Wednesday.  I will probably send out a tweet later just saying that things are looking super-fantastic.  Enjoy the rest of your day; I will enjoy mine.

DEEP SOURCE INTEL, 3 AUGUST

"Republic in Charge" - Intel SITREP from Deep Source(s) for August 3

(Note: This is completely raw intel from Classified sources and may or may not come to fruition. User discernment is advised. )

SITREP (Situation Report) / 8-3-15 / 12:43 AM EST


Deep Source (RV/GCR):
"The new gold-backed Republic Treasury will be funded tomorrow with IQD holdings thus the revaluation must be accomplished."


Deep Source (Resistance):

"Reports are coming in once again that the Republic is now in charge of the United States and General Xxxxxx Xxxxxxx is the new interim President of the Republic. All USA corporate congress members and executive office people are now out of jobs and have nowhere to go. The arrests are scheduled to begin tomorrow and the announcements will be on MSM."

Note from Deep Source(s):

"Please note: Intel that is being provided from us to you is indeed accurate but completely raw and does have a tendency to not follow through. There is no denying that we are all in frustration and loss of patience. It is entirely a fact that intel being provided is real, but there are constant on-going activities that change the situation. This is agonizing but you mustn't lose hope. Nothing lasts forever."

TNT CHAT UPDATE, 3 AUGUST

TNT:

Martha:
  we are definitely in the moment

UKmtb:  Would love to believe that Martha - do you have your own intel?

Martha:
  Wish I did but I feel very strongly that everything is done and now we wait. I have a back wall date but watch 8/8

The Chinese are very much into the numbers just like the IMF… remember things that should have happened did happen and we have been always 2 weeks off the mark….

Im looking at 8/8 as a completion of what is about to go forward. also used 8/7 for payroll
....
CJLamp:  The funny thing every Gurus and just Tony said the laws and tariff would start on the 1st and the Bond would start selling on the 2nd. So I wonder what happened , it might have happened but it just isn't showing yet.

Martha:  Im only using the 8th as a completion of what is about to happen.Things are finished and will start to reveal themselves so fast your head may spin

UKmtb:  Wish someone would 'man up' and say ENOUGH let's get this show on the road....

Already Blessed:  I ALWAYS TELL YOU THAT WHEN IN DOUBT...GO BACK TO WHAT YOU KNOW. WE KNOW THAT THE TARIFFS (20%) WENT IN EFFECT...ARTICLES HAVE ALSO PROVEN THAT...IT IS A FORCING FUNCTION.... .LET'S LOOK AT THE POSITIVE AND WHAT WE KNOW TO BE TRUE...

Timth21:  Okay....so what now do we know is true? The Bonds? The Taxes? The Tariffs?

Peaches1:  "For the first time in 30 years, today the IQD is listed on the bond market screens in many places around the world..." [No comments on this?]

Tbirdd:  Peaches ----- that's HUge! (i just dont know where bond market screens are found... )

Peaches:  8-3-2015 wmawhite
 What is driving this is very difficult for even an economic major to understand. This is not a single faceted event. There are many layer to it. For the first time in 30 years, today the IQD is listed on the bond market screens in many places around the world... we have so many reason to be happy with what is happening. ...it is happening in front of us...we just need to be able to recognized the numerous indicators there are evidence of this event.

Peaches1:  some hold that position that ANY RATE, as long as it is international is a big deal.

RKstx:  Peaches!!! Great. International ;) rate does not matter.. Yet...delete 000 and drop the LD s at any moment!!

OK Rocks:  The Central Bank Chief said in Kurdistan, Adham Karim, told reporters Tuesday that "Baghdad decided to send 166 billion dollars and 177 million as a share of the territory's fiscal budget for the month of June." The Kurdistan region, according to the statement.

ARTHUR UPDATE, 3 AUGUST

 I WOULD HAVE TO WRITE A NOVEL AS TO THE SPECIFICS WHY I HAVE THIS STRONG POSITIVE FEELING ABOUT AUGUST AND SEPTEMBER ... ALL THE TELL TELL SIGNS WE HAVE ALWAYS BEEN LOOKING FOR APPEAR TO BE THERE THIS TIME. I AM NOT GONNA’ GO INTO THE INTEL I HAVE FROM 4 STATES ALL THE WAY UP TO THE AMERICAN SENATE LEVEL, TO THE 2 OR 3 CONTACTS I STILL TRUST IN THE MIDDLE EAST. EVERY ONE OF THEM ARE SAYING THERE IS SOMETHING ABOUT TO HAPPEN WITH THE IQD.BEYOND INTEL THAT HAS PROVEN TO BE MOSTLY CLUELESS OVER THE YEARS...THERE ARE THE FACTS ON THE GROUND THAT WE CAN SEE AND VERIFY WITH OUR OWN EYES. BUT I ASK YOU TO LOOK AT WHAT COULD BE THE MAIN FACTOR RIGHT NOW WHICH IS THE FACT THAT THE GOI IS UP AGAINST AN EVER GROWING THREAT OF IMMINENT CIVIL WAR.  I HAVE FACTUAL UNDENIABLE INTEL COMING FROM IRAQ LEADING ME TO BELIEVE WE ARE RIGHT ON THAT THRESHOLD.ONE OF MY MOST TRUSTED CONTACTS TOLD ME, AND I QUOTE “GOOD LUCK GETTING THROUGH THE WHOLE MONTH OF AUGUST WITHOUT TOTAL AND CATASTROPHIC IRAQI GOI/PARLIAMENT IMPLOSION IF THERE IS NOT REAL MONETARY AND CURRENCY REFORM IMMEDIATELY.”  THERE ARE NO MORE CANS TO KICK NOR ROADS TO KICK IT DOWN.

EVEN AS EARLY AS WITHIN THE NEXT 48 HOURS WE WILL HAVE SOME ANSWERS AS TO RATHER TAXES AND TARIFFS ARE IMPLEMENTED ALONG WITH SOME UPWARD PIPS IN THE MOVEMENT IN THE DINAR AND ITS POSSIBLE MOVEMENT FROM EXOTIC TO INTERNATIONAL.  THE NEXT COUPLE OF WEEKS SHOULD TELL US A WHOLE LOT AS TO RATHER THIS COULD REALLY AFTER ALL THESE YEARS BE OUR MOMENT. 

EXCERPT OF BREITLING, 3 AUGUST

Let’s break this down … They’re issuing bonds because the economy is at a certain level. They are also reducing the note count like crazy.  They are also going to issue the bonds in US dollars.  They pull those US dollars off the market and get them in the reserve and they are still lowing the competition between the two currencies in the country.I can’t see anything negative in there. I can’t see a trend in Iraq where they are spending less. Right now the economy of Iraq is based on people eating and the daily functions. There’s really not much outside of that right now. So that’s not going to stop … that’s the foundation. The biggest fear is them not moving and we’re way past that. 

Customs confirms to embrace the application of tariff law on Iraq outlets and all officials welcome, 3 AUGUST

Long-Presse / Baghdad

It confirmed the Customs Authority, on Monday, to start applying the tariff law on goods entering Iraq, indicating that it agreed with the Kurdistan region on the application of the law and the unification of Alkmarki work, while economic Parliamentary Committee promised that the law is an important step to re-strengthen the joints of the state and the protection of national product, economic adviser counting the prime minister, that the lack of a border applied to any port in violation of the national sovereignty of customs.

Customs: We agreed with the Kurdistan region to adhere to the application of tariff law
According to Director General of Customs, Major General Hakeem Jassim, said in an interview to the (long-Presse), "The law of customs tariff applied in three phases, the first was on the specific types of goods, and the second more goods," noting that "the application of the third phase began first on Saturday, (the first of August the current 2015), on all goods entering Iraq. "

He adds Jassim, that "the government has given room for standing three months, to overcome the month of Ramadan, before starting to enforce the law effectively," noting that "the General Administration of Customs created the supplies necessary for the application of the law at border posts," pointing out that "the law will allow Iraq to join the WTO membership global ".

And see the customs director, that "the application of the law will not have much effect in the local markets," adding, "especially if traders refrained from monopoly and worked with the Commission and the government as a cell and one cooperative to overcome the crisis."

Jassim confirms, that "the Commission has signed with the concerned authorities in the Kurdistan region of the minutes of the necessary implementation of the law," and added that "the Commission agreed with the concerned authorities in the Kurdistan region to unite Alkmarki work and pricing."

Parliamentary Economic Law is an important step to re-strengthen the joints of the state and the protection of the national product
And confirms the Chairman of the Committee of Economy and Investment parliamentary Jawad al-Bolani, said in an interview to the (long-Presse), "The government and parliament plan to apply the law of customs tariff in all parts of Iraq and follow it carefully," noting that "the finance minister, Hoshyar Zebari, told the Committee that the law will include ports Iraqi border, including all those in the Kurdistan region. "

He said al-Bolani, that "the Ministry of Finance, a sovereign, should issue instructions to all ports Iraqi border to compel the implementation of the law," adding that "the parliamentary committee the economy is the application of the law is an important step to re-strengthen the joints of the state and the protection of the Iraqi product."

Abadi adviser: non-application of the law of any breach of customs border port of sovereignty to Iraq
In turn, economic advisor to the prime minister, the appearance of Mohammed Saleh, said in an interview says to (long-Presse), "The law of customs tariff if not applied at border crossing points, all is not useless," noting that "the law involves significant benefits including maximizing the resources of the state, and the protection of National Product, and the application of economic law. "

Warns Saleh, of "the consequences of failure to apply the law about good", they returned to it, "it creates a threat to the unity of customs sovereignty, especially as it is supported in various parts of the world, so the disabled and lack of seriousness applied disservice financial and economic of the country's sovereignty."

Expert: can not be applied customs tariff in the light of the current conditions of the country
On the other hand says expert in economic affairs, Ahmed al-Husseini, in an interview to the (long-Presse), "The present situation is not suitable for the application of the customs tariff law because the reality of the Iraqi economy today reeling, especially after the decision to reduce the salaries and allocations, and the closure of a number of border crossing points."

And see Husseini, that there "difficult to apply the customs tariff law, especially with the presence of Daash gangs in some provinces where the task of border ports located Kalonbar, which includes implementing two important Trebil and newborn, as well as Nineveh, which includes an important outlet is Rabia," noting that "officials in the Kurdistan region they confirmed that they are not obliged to apply the law. "

The expert adds, that "the current circumstances there will be a free zone in the Kurdistan region of outlets, from which the introduction of goods to the Iraqi market, which leads to the futility of the application of the law," returned to "the reality of the situation imposes can not impose customs tariffs but that will change and will enable the application smoothly if What conditions have stabilized the country and its economy. "

He continues Husseini, that "the government is striving to add new resources to the economy," adding, "but not this way because that arises now does not include any rational economic", according to his opinion.

He goes expert, that "the application of customs tariff significant action is required to protect the domestic market, which is still open to the goods of poor, as well as the national product, but not at this time," expected to "apply the law fails in light of the current data to the government's inability to avoid the dangers that preceded ".

The Ministry of Finance has decided in March 2015 to start the application of the customs end of June tariffs after that for the year past 2014, more than once because of the demand by some countries and traders to activate the new tariff law after it is canceled the old law subject by the civil governor of Iraq after 2003 Paul Bremer, who is serving a five percent pay taxes on all goods imported from outside the country. LINK

DINAR IRAQ & DONG VIETNAM UPDATE, 3 AUGUST

DINAR IRAQ & DONG VIETNAM :We are seeing some progress…Tariffs are in effect also taxes on electric and cell phone…And the GOI gave away power today to several provinces which to me is a bigger deal. Bond sales of about 2 trillion dinar start locally, not internationally as some reported. [You still believe we wont be in the .70 or .90 range in the next year or 2?] yes…maybe a dime by early 2017…all depends on how the economy grows and if parliament passes laws…you cannot look at a currencies value as what they need. A countries currency is a result of a countries GDP, growth, investment, etc. If the investors come, it will go up. Not the other way around. If the laws pass, and the flood gates open up, investors come in, investment comes through the Capital Account of the CBI, the dinar will rise…the counter to inflationary pressure is to raise the rate of the dinar…the more pressure, the more the cbi will raise it. When and how fast is relative to that event.
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So today is the beginning of the last stage of this time frame for Abadi to get these reforms completed. Iraq is now in the final countdown. If they can be successful in this effort we have an excellent window to see this currency reform by mid August through mid September.

I am just telling you what is in the plan and the deadline I am aware of. They are down to the wire. I believe we could never ever be so close to having this currency reform completed.
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Some news reports about oil sources indicated that the oil production from the southern oil fields have been improved in last couple of weeks and the production increased in the month of July, it reached up to 3.06 million barrels oil per day.
It was previously producing 3.02 million barrels oil per day till end of June 2015. This news source also said that this improvement from the southern oil fields would reflect a negative impact in the international oil market with adding extra spare oil.
It is also important that a major decision has been taken for Basra crude oil and divided it into two categories, light and heavy crude oil. It would solve the problem of quality which caused the increase in consignment rates in the month of June 2015. It also allowed increasing oil production for a number of oil companies that are working in Iraqi oil fields. The Reinforcements Oil Production in Iraq is considered as the second biggest oil producer within the OPEC (Organization of Petroleum Exporting Countries). It indicated about the continuous high level of oil production that is also focusing in improving its market share and not reducing production in order to stabilize the oil prices. Most of the experts believe that most oil exporting countries would face a major decline in oil prices in coming period.
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