Monday, June 27, 2016


6-27-2016   Newshound Guru rcookie   Article quote:  "The head of the Business Council, that "the implementation of this mechanism began as of today, by sending Treasury bills of exchange to the central bank, and prepared in advance by the Ministry of Planning ,"...   HERE WE SEE THE BONDS FOR CONTRACTORS GOING OUT TO PROVINCES FOR STALLED PROJECTS AND DUES OWED CONTRACTORS... THIS SHOULD ENGAGE SOME OF THE ACTION FOR COMPLETION OF...STALLED PROJECTS AND INCENTIVIZE MORE CONFIDENCE AND ACTIVITY IN THE INVESTMENT PROCESS...AMAZING HOW MUCH THE $$$$ ACTS AS AN INCENTIVE AND DRIVER...  [post 1 of 2....stay tuned]

6-27-2016   Newshound Guru firefly
   Article quote:   "...the Emir of Kuwait cables congratulatory telegram to the infallible and Abadi...   He expressed that "security and stability prevail in all parts of brotherly Iraq and achieve for his people all looking forward to the advancement and progress and prosperity."  They announced yesterday the Iraqi government fully liberalized the city of Fallujah from terrorists Daash gangs and it plans to go to liberate the city of Mosul in northern Iraq.

6-27-2016   Newshound Guru mike   Article quotes:  "...the federal court decisions on the legality of the two sessions of Parliament in April are binding and not the degree of appeal.."We hope that the court will issue its final decision on 28 of this month..."    ...this is a big article. For those of us in the dinar community, we were following the news that day when the Reform Front tried to hijack Parliament and install their own Speaker and everyone knows they didn't have quorum. So now we sit and wait and hope that the hardline Shia don't control the Federal Courts, the courts ruling concerning Jabouri's legitimacy will tell us who's running the show in Iraq. If Jabouri is removed, we know the hard line Shia are still running things, if not, then Abadi's reforms might have a chance. 

6-27-2016  Newshound Guru Breitling  Question: “ I’m a grandmother that purchased dinar back in March 2013.  I’ve been under the impression that when the currency revalues that I can take it to the bank, exchange it for dollars at a higher rate and live happily ever after.  In the last few months several of my friends have been telling me that there will be no public exchanges but that you have to be in a private group with a contract to exchange.  These friends have surrendered all of their dinar to a group back in January… They’re still waiting for their funds from the dinar…”  Yeah, imagine that…I’m not trying to be a smarty pants but …you know what? They’re wrong and they’re in deep trouble cause they’ll never see that dinar again.  [Part 1 of 4 Stay tuned for the rest of the story…]

6-27-2016   Newshound Guru chattels    The parliamentary recess ends on June 30th. July 1st is a Friday, Holy Day, and the 2nd is their weekend. So, maybe Parliament can reconvene on the 3rd, but there are only four (4) days until the Eid Festival, July 7 - 9.  We hope for a " positive " Federal Court decision on the 28th regarding the legitimacy of the parliamentary leadership. Or perhaps more importantly some " healing " between the political factions no matter the decision by the court. I do not expect a sudden and inclusive legislative action on the important laws.  I note that the " hype " regarding the near certainty of movement in the value of the IQD in the first half of 2016 has abated. Probably because there are only five (5) days left until the second half of 2016.  I encourage each of you as I encourage myself ...we will finish this " race".  The " turtle" wins and not the "  hare".   Godspeed the completion of the Iraqi banking sector reform project.

6-27-2016   Newshound Guru Millionday   Article quote:  "Iraqi forces recaptured the last district held by Islamic State militants in the city of Falluja on Sunday and the general commanding the operation declared the battle complete after nearly five weeks of fighting."   THE ANNOUNCEMENT OF SUCCESS AND THE WIN OF THE BATTLE WITH TERRORISTS IN FALLUJA WAS MADE TODAY!  AN ANNOUNCEMENT WAS MADE LAST WEEK OF VICTORY BUT IT WAS NOT COMPLETE -- TODAY FROM THE BATTLE WAS ANNOUNCED THAT VICTORY WAS ACHIEVED...   THE SUCCESS FROM TODAY IS A PART OF THE WHOLE ATTACK ON THE TAKE OVER OF MOSUL THAT HAS GONE ON TOO LONG.  THIS SUCCESS IS A VERY LARGE PORTION OF THE PLAN -- PROGRESS/SUCCESS.   THE FLAG IS FLYING HIGH...GREAT NEWS ==WHOOOPOW.

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