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DINARESGURUS.BLOGSPOT.COM_________________ _______

Wednesday, September 27, 2017

DINAR IRAQ & DONG VIETNAM UPDATE, 27 SEPT

Could this mean the PRIVATE BANKS are DONE (with their initial trainings)?? The Association of Private Banks receives a delegation from the Netherlands and discusses with him the development of banking relations September 25, 2017 A delegation from the Dutch embassy in Baghdad visited the headquarters of the Association of Iraqi Private Banks and discussed with their officials the development of economic and banking relations between the two countries. The Executive Director of the Association of Private Banks, Ali Tariq, received the Dutch delegation, which included the political affairs officer of the Office of Iraq in the Ministry of Foreign Affairs of the Netherlands, Simon van der Post, and the Secretary of Economic Affairs at the Dutch Embassy Olek Boller.

 “The meeting discussed the economic and trade relations with the Netherlands and the participation of Dutch companies in the reconstruction of areas liberated from terrorism, in addition to facilitating the work of Dutch companies that provide banking services to work inside Iraq.” “The two sides agreed on the need to strengthen cooperation between Iraqi and Dutch banks and support Iraq in the field of training, especially on issues related to compliance and combating money laundering and risk management,” adding that “the activation of cooperation with Dutch banks will be reflected positively on the economy of the country.” He noted that: “The meeting also highlighted the community initiatives launched by the Association of private banks such as our campaign to care for the displaced and the project of Baghdad to develop the infrastructure of the capital Baghdad and others.”
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Money Tracks in most economies of the world is studying the reality of the financial country to be followed then the planning stage adopted by specialized centers taking into account a number of important things . Where the study of cities and towns accurately to know the need of civil projects that take into account most often the reality of population growth, and it is important to choose the important projects in light of the available funds. Here, the financial sector is governed by policies of a high degree of accuracy operating according to a precise database known as the monthly or annual revenue of the country and chart the path of expenditure that must go not complete projects and maintain the level of economic growth and services provided to the citizen. In Iraq, the revenue received, which is mostly from oil revenues, is known and there is high transparency in this direction and the figures are clearly announced. 

This is matched by a continuous trend by the financial institutions to regulate this sector and make it more sophisticated and control over all operations and protect it against money laundering crimes. And financing terrorism. There are courses at international levels that are organized to refine the talents of our employees to reduce these crimes, if any, God forbid . The existence of a promising economy is waiting for the volume of circulation of a large monetary bloc is required to expand all systems and developed as required and possess systems that do not allow any financial cases of financial manipulation in all day-to-day transactions and electronic systems have an active role in this and must create a web network that regulates the reality of Iraqi money and its relationship with other institutions . The producer finds that the Central Bank’s instructions focus on these trends and urges all banks to develop their systems to be the owners of banking technology that makes them compete with regional and international banks. Iraq can use the successful global experiences that linked the development of the financial sector with the productive and service sectors. 

It organized the trade process and was able to achieve the development goals after the roles were distributed and each party fulfilled its duties. We can bring experiences and employ them in more than a productive and service sector. The financial sector will be a real source for it and will be localized to be more suitable for the reality of the Iraqi situation, which needs a large volume of work that absorbs large domestic and international efforts. The organization of the relationship between the financial sector and other sectors enables it to draw the precise paths to allocate the money that will go in the direction that changes the shape of the national economy for the better.

PD CHAT, 27 SEPT

PD Member News Highlights & Comments 9-27-17

the assessor:   Dr.. In the name of Brahimi

The controversy over the issue of the sale of foreign currency in the Central Bank of Iraq has reached some of the calls of some of its opponents to close it, while others assert that it is the only means of stabilizing prices in Iraq, and this controversy is sometimes escalated and sometimes weakened by a number of reasons and motives that They are often political.

As for the reasons and motives, the window represents a way to sterilize the currency in circulation and therefore represents the most important tool in achieving price stability as well as being the only way to cover imports that meet more than ninety percent of the need Market to goods and services.
 ...
In terms of alternatives, the State (represented by the Ministry of Finance) is the largest monopoly of foreign currency as a result of the nature of the Iraqi economy, where oil is the only source of foreign currency, and thus the inability of the private sector to contribute to the achievement of financial returns for the country as it is in other countries.

Turkey, for example, is achieving financial revenues of nearly $ 200 billion and therefore does not need the Central Bank of Turkey to intervene in the market to cover the need for foreign currency as long as the market is able to feed itself.

The window has largely become a natural reflection of the movement of financial policy governed by two factors: the first is the volume of sales of the dollar from the financial to the central and the second is the volume of government spending, which is a large part of the demand for foreign currency, so the greater the volume of sales of foreign currency from the financial to the Central Bank

The latter's ability to meet the dollar demand through the window as well as the increase in the size of its foreign reserves, and the increase in government spending will negatively affect the size of reserves and thus the ability of the bank to meet the dollar demand generated.

Therefore, the monetary authority itself was found between price stability pliers and the size of the reserves.

However, it has succeeded so far in managing this difficult equation, and here we must point out the important point that the absolute size of the foreign reserves of countries is not the real measure of the reserve's stability, Adopted in this aspect and which creates stability of the exchange market.

http://www.alsabaah.iq/ArticleShow.aspx?ID=145044

Hopesway:   What does this mean?

sds67:    ? ? ?

Supperlpn:   where are all of the smart people at!!!!

ms.tisdale:   I think it says they RV'd today.

Beachrider:    A politician wrote it because there are a lot of words saying nothing to the general public.

Rotney:   Beachrider,  Another words, they're lying!

Beaachrider:   Especially if their lips are moving!

Payray: 

  20 hours ago, the assessor said:
The controversy over the issue of the sale of foreign currency in the Central Bank of Iraq has reached some of the calls of some of its opponents to close it, while others assert that it is the only means of stabilizing prices in Iraq, and this controversy is sometimes escalated and sometimes weakened by a number of reasons and motives that They are often political.

Payray:   Stop using the dollar in order to stabilize prices... Says it is politics that has hindered this from occurring...

   20 hours ago, the assessor said:
As for the reasons and motives, the window represents a way to sterilize the currency in circulation and therefore represents the most important tool in achieving price stability as well as being the only way to cover imports that meet more than ninety percent of the need Market to goods and services.

Payray:   It would benefit the prices of imports if stability was achieved with their currency...

  20 hours ago, the assessor said:
In terms of alternatives, the State (represented by the Ministry of Finance) is the largest monopoly of foreign currency as a result of the nature of the Iraqi economy, where oil is the only source of foreign currency, and thus the inability of the private sector to contribute to the achievement of financial returns for the country as it is in other countries.

Turkey, for example, is achieving financial revenues of nearly $ 200 billion and therefore does not need the Central Bank of Turkey to intervene in the market to cover the need for foreign currency as long as the market is able to feed itself.
Payray:   Uses Turkey as an example of allowing the private sector to keep the economic engine running within a country... It would benefit Iraq if a stable, and strong currency existed within Iraq that enabled the citizens to participate more in the purchase of goods...

   20 hours ago, the assessor said:
The window has largely become a natural reflection of the movement of financial policy governed by two factors: the first is the volume of sales of the dollar from the financial to the central and the second is the volume of government spending, which is a large part of the demand for foreign currency, so the greater the volume of sales of foreign currency from the financial to the Central Bank

The latter's ability to meet the dollar demand through the window as well as the increase in the size of its foreign reserves, and the increase in government spending will negatively affect the size of reserves and thus the ability of the bank to meet the dollar demand generated.

Therefore, the monetary authority itself was found between price stability pliers and the size of the reserves.

However, it has succeeded so far in managing this difficult equation, and here we must point out the important point that the absolute size of the foreign reserves of countries is not the real measure of the reserve's stability, Adopted in this aspect and which creates stability of the exchange market.

Payray:   Government spending is increasing, and thus is affecting their reserves in a negative fashion... Which in turn affects their ability to meet the demands of a stronger dollar while utilizing this foreign currency to conduct business within Iraq..

Payray:   That is my take on it... And if I am not mistaken, this individual who wrote this article certainly seems to be leaning towards a stronger Iraqi currency... Which in turn would mean the use of the US dollar to conduct financial affairs within Iraq...  This would take a strong increase in value of the dinar of course...

Payray:   The writer seems to indicate that there is no reason for Iraq to not have to continue doing business the way it has been the last 14 years... Again using nations like Turkey to indicate if they can do, why are we not capable of doing so as well...

Payray:   IMHO, you want the Iraqi people to take pride in their currency again... Give it its former value, and then some... Put your money where your mouth is, and back up all of the talk of how rich Iraq is...

Payray:   There are many of us dinar holders who would love that... Easy with the tomato's if you do not agree with my take

Beachrider:   Payray,  I LIKE YOUR TAKE ON IT PAYRAY

Payray:   And your opinion I do value beachrider... :) Lets get this thing done Iraq so we can move on... And you can too!..

Preacherman2017:   Nicely said Payray! Another Part of their educational campaign and a sure enough sign the referendum aint stopping this train, its already left the station!
Payray:   Woo Woo... That is the fact jack... Thanks for your enthusiasm, and faith... I share it bro

Payray:     19 hours ago, payray said:
Which in turn would mean the use of the US dollar to conduct financial affairs within Iraq

Payray:  Meant to say:
Which in turn would mean the non-use of the US dollar to conduct financial affairs within Iraq..

Ms.Biz:   well, my take is that I would like to not use my US dollars at the bank right now and conduct my financial affairs with Iraq dinar for about five minutes at the teller window exchanging it for the rate we all want it to be

http://forums2014.peoplesdinar.com/index.php?/topic/116639-exchange-market-stability/#comment-882983
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Floridian:   Thanks, Tiger.

Kurds overwhelmingly vote YES in Kurdistan independence referendum

September 27 2017 05:54 PM  Kurdistan   Breaking
The final results of Kurdistan's independence referendum came with overwhelming votes in favor of seceding from Iraq.

The participation ratio from the eligible voters reached 72.16%, with 92.73% voted YES and 7.27 voted NO.

This comes as the semi-autonomous Kurdish region in Iraq carried out an independence referendum on Monday to secede from Iraq.

http://www.thebaghdadpost.com/en/story/17503/Kurds-overwhelmingly-vote-YES-in-Kurdistan-independence-referendum

   Floridian:  Thanks, Tiger.  Kurdistan airspace closed; attack expected on Erbil airport, Kirkuk

 September 27 2017 12:45 PM   Breaking
Iraq’s government has decided to close Kurdistan Region’s airspace and halt air traffic to the region, sources revealed Wednesday.

Civil aviation authorities on Wednesday informed foreign airlines to suspend its flights to Kurdistan Region starting from Friday.

Sources told The Baghdad Post that these measures reveal that there will be a potential joint ground attack on Erbil International Airport and Kirkuk Governorate.

The sources added that the military operation would be conducted on Kurdistan Region on Friday.

This comes two days after voting have begun in Kurdistan's independence referendum.

http://www.thebaghdadpost.com/en/story/17478/Kurdistan-airspace-closed-attack-expected-on-Erbil-airport-Kirkuk

Floridian:   Thanks, Tiger.   Lebanon's MEA to suspend Iraqi Kurdistan flights

September 27 2017 01:22 PM   Kurdistan
Lebanon's national carrier will suspend flights to and from the Iraqi Kurdish city of Irbil starting Friday, the Daily Star quoted a Beirut airport source as saying Wednesday.

http://www.thebaghdadpost.com/en/story/17487/Lebanon-s-MEA-to-suspend-Iraqi-Kurdistan-flights

Floridian:   Thanks, Tiger.

Mass demonstrations sweeps Iran, supporting Kurdistan referendum
 September 27 2017 02:11 PM
 
 Mass demonstrations have swept across Iran, supporting Kurdistan independence referendum, a video obtained by The Baghdad Post revealed Wednesday.
  
Kurdish people marched on the Iranian streets to protest against the intervening of Mullah regime in Baghdad and Erbil.

It is worth mentioning that Kurds conducted the Region's independence referendum on Monday with the presence of 72% of the Region's residents.

http://www.thebaghdadpost.com/en/story/17491/Mass-demonstrations-sweeps-Iran-supporting-Kurdistan-referendum  ​
​Floridian:   Video is in the above link.

BAD2DABONE:   the Kurds know Baghdad is full of camel crap and empty promises and now we have the beginning of the destabilization of the entire Middle East. RV you idiots and the peace you seek will be found! Hopefully this will bring the overthrow of the leadership of Iran also

Payray:   Well thats a shocker :rolleyes:... When all of the newness wears off, (which should be in about a few more days) and people realize that it is still status quo... This referendum was nothing more than a poll, and is in reality nothing... The Kurds will become their own nation in time...

But now is not the time... Nothing like a good old fashion BBQ serving flamed broiled RV... This will deflect in a major way, any attention garnered by this past Monday's vote...

Deepdivinman:   I ain't worried!

Payray:   Good... You should not be.. :)

Mr Moo:    I ain't worried nieffer I'm blissfully oblivious...:huh:;)

Jacktt:  Exactly, this is just another turn on the crank to ratchet down the pressure on Baghdad to do whats right (including making the worthless currency valuable)  Just say'n

Dinar Updates w/BGG

DINAR GURUS UPDATE, 27 SEPT

9-27-2017   Newshound Guru Adam Montana   But are they really going to be able to achieve that, with Article 140 still unresolved? The only way to move forward with an actual secession would be to relinquish any claims they have on the disputed territories, and there’s no way that will happen. This is not rocket surgery, my friends!  I’ll tell you why I like how this is playing out. They know they are stuck between a rock and a hard place right now with Turkey. Add to that the proposed extension by OPEC, Iraq’s general exemption from said OPEC agreement, the price of oil rising, and everything else on the table… you know, I look outside right now and I see leaves falling alongside the temperature. It makes me think of warm foods like soup and chili… and looking at the situation in Iraq, it looks to me like a recipe for “HCL soup”! Serve it up, I say! The table is set, and we’re hungry.  [post 2 of 2]

9-27-2017   Newshound Guru Adam Montana
   ...the Kurdish referendum...They did hold their “vote” on Monday, but the result of the actual vote isn’t what I’m focusing on right now. What I AM looking at is the aftermath. Turkey is leaning HARD on the KRG after the referendum. 85% of Kurdish oil exports leave via Turkey, and Turkish President Recep Tayyip Erdrogan stated point blank that they will close that border if that’s what it takes to get the KRG back in line. This is some serious strong arming!  OIL is at a high right now. We’ve all been waiting for the price to go up, and the $60 mark is in sight!  Kurdish Regional President Barzani issued a statement regarding the vote, which apparently revealed exactly what we thought would happen - the people voted for Independence.  [post 1 of 2....stay tuned]

9-27-2017   Newshound Guru tman23  IMO...we have 3 to 3 1/2 days and we will know exactly where this is headed and the direction of the currency...

9-27-2017   Intel Guru Dr. Clarke   ...the "MOVE" begins Saturday. In our Opinion. 

9-27-2017   Newshound Guru  chattels   The Iraqi government has some hard decisions to make. Perhaps out of this turmoil they will do the things that need to be done for real stability.

9-27-2017   Intel/Newshound Guru payray   Article:  "What will happen in the session of the House of Representatives tomorrow?"   "The Office of Prime Minister Haider Abadi, on Tuesday, the federal government imposed "administrative" sanctions against Kurdish officials against the backdrop of the referendum, noting that Baghdad will deal with the Kurdistan region as part of Iraq regardless of the referendum."  Important meeting tomorrow... Abadi is supposed to be attending this meeting... Again, with the situation that has been ongoing, this is his time to show his ability to lead the country, while being able to establish trust with the whole of Iraq... Good stuff.

9-27-2017   Newshound Guru Kaperoni   [Currently dinar is a dead currency it's not expected anywhere, maybe in Iraq but that doesn't help the investors.]  That is not true. It is the currency of Iraq and is used throughout Iraq everyday. It's value will not RV...but rise via...a float to combat inflationary pressure created by investment through the CBI 's Capital Account. That is how it works...The dinar will appreciate in value, just not yet.

MNT GOAT UPDATE, 27 SEPT

September 27, 2017 Mnt Goat News Brief

Hi Everyone,


I bring you much news today.


Today I have to come to you with more not so good recent news form Iraq but must first I must clarify more gobbly-goop intel being passed around by this guy Frank26 and Delta. Yes – he one of the biggest scammers out there and I would totally stay away from him. I would not waste my time paying for his backroom forum or even to listen to his calls. It is all nothing but a scam. Get it? He has not been accurate with anything and I gotta tell you he just makes this stuff up. Again he is one of these guys who take a grain of truth (to get you hooked) and makes it into a mountain of intel (bullshit).


His gobbly-goop intel is same old stuff over and over again just a new spin each time. I swear he must stay up nights thinking of new ways to pump this RV. He told you that the reinstatement was going to happen in September. Yes – he is the one who started this damned rumor. He even told you at the time he had no evidence to prove what he was saying. This is the only part of his claim that was not a lie.


Now he is telling everyone that the hurricanes (hurricane Maria and Joseph) are a great sign that the second of coming of Jesus is close at hand and these storms are welcoming in a new age and preceding it is a time of great prosperity. He says our prosperity is very near too, the prosperity of the RV and indirectly connects it with this second coming. Really Frank?


This is the same guy that charges you to get into his “backsite” to read articles. These articles are free to see from the news media. Why are you paying for them? Are you that stupid? These are also the same articles I bring you for totally FREE from any charge. Why are you paying this scammer for public news?
Can you be that stupid or just brain dead?
This is what he also said about the RV. See my comments in brackets ( ):


PS- I find it very funny how he can make all this stuff up and instead not be concerned about what is really happening in Iraq. Again they take a grain of sand (truth) and make it into a mountain of intel (bullshit).
Here is what Frank26 said:


Frank26: “Abadi has been hard at work while the UN waited, and planned.


Re: Referendum vote: What the Kurds are doing is just a rebellion - the UN said no, and no means no.


Mnt Goat :(Trust me this is not my “opinion” either. The Kurds are not just being rebellious and this is not just some “smoke” screen for the RV. How ridiculous is this Frank and his bullshit?


Barzani fully intends to separate Kurdistan from the Iraqi Republic but remember this is not an overnight deal. It will take years to accomplish. Meanwhile what will be the GOI response? How about the response of its neighbors? There will be many impacts all around. We are told it will not be pleasant and like the 1860’s civil war in the US, the Kurds will not be allowed to leave peacefully. There will be trouble! So Frank 26 is full of more of his bullshit)


Frank26: The Kurds were caught stuffing their ballot boxes and the referendum failed, that is why months ago we said pay no attention to the Kurds - this was all planned. The 48 hrs are up - and Abadi is just about ready to make his speech/ or made it!


Mnt Goat: (This could not be farther from the truth. I don’t know or care where the hell he gets his information from. It is all lies. The Kurds overwhelmingly voted for the referendum and got over 60% turnout for the vote and the voting process was a huge success.)


Frank26: Abadi knew about the 25th months ago - he now needs to make a public speech that the whole of Iraq is now FREE, Welcome International world.


Mnt Goat: (Oh -here we go again with more hype about some idiotic speech that Abadi has to make about the RV that is supposed to trigger it. How about letting this rumor rest and put it to bed? When we all learn this is all nothing by another false event being lied to and told to you to make you believe the RV is going to happen some time very soon. Of course for Franks case he needs to sell more currency and his sales always soar at any news of a pending RV. )


Frank26: Then they go directly into article 8.
The big screens are up and right where they need to be.



Mnt Goat: (So here we go again! Now we have the second idiot telling everyone the purpose for the Big TV screens are for the RV and Abadi’s speech for the RV. I told you so…….Folks Iraq is already half way into Article 8. They have been working hard for almost a decade to get there. Yes – they need to immerse fully in Article 8 to be an international player and this is coming shortly.)


Frank26: We are watching the next 5 days for Abadi's big speech.


Abadi has a date and month, but he can't say it... Next 5 days Abadi can now do what he wants as they are a completely liberated nation.


He will make his speech in country.”


Mnt Goat: (Didn’t I tell everyone to stay away from all idiots who tell you they know something you don’t know but they can’t tell you cause it too sensitive to tell you….Of course Abadi has a date. The GOI always has a target. Remember the “EARLY 2017” target? This does not mean much if they can’t meet the target, does it? So let’s watch and see if Frank is correct in that Iraq will be “fully” liberated from ISIS. That would be Oct 2nd? Although I would not hold your breath relying on this guy for anything HONEST or TRUTHFUL.)


More news….


So in my recent post I told everyone not to expect anything soon as far as an RV. Iraq is now experiencing major crises and this is disappointing as we really don’t know how this is all going to turn out. Politically Iraq could in-fact fall apart and end up with an internal civil war with Kurdistan. Remember the Kurds hold 1/3 of all political positions within the GOI. Oh – didn’t think about this one did you Mr Guru? Maybe you should before you shoot off your big mouth with your “opinion” that the referendum does not matter?


I am hopeful that the new democracy is strong enough and they will not resort to forceful civil unrest or war. But there is still way too much POLITICAL and SECURITY instability to even think they would push out a reinstatement of their currency at this time.


Do they need a higher rate to their currency?
This is a loaded question and is hard to define. Yes – many economists believe the currency SHOULD be valued much higher than it is (and I agree), but let’s not get into this bullshit about a $3.22 pre-war value. It is not just that easy to now flip a switch and bring back this value. When a country is war torn and has over 20 years of sanctions, it is not that easy.



Times have changed and it is not the same country as post 1991 gulf war. Some believe they must come to level of stability and get back to normal life first. These are the IMF, World Bank and many other influential organizations that do count. Yes- they really have the final say and not Iraq.


For instance how will the GOI pay all it debts without the revenue from the Kurdistan oil, if the Kurds succeed? Will the GOI forcefully try to occupy Kurdistan to enforce the 2005 constitution? When will the ISIS fighting be over? This fighting is draining the revenues of the GOI from going elsewhere, where they are needed to rebuild the country. The CBI reserves are at an all time low since 2011. These are all factors to consider. Are they ready to RV as far as the reforms and what the CBI has done to set them up? Yes – they are fully ready, but it is these factors now that plan a major role in triggering the final part of the process of the “project to delete the zeros”. This final process is what we watch and wait for.


The CBI will be responsible for trigging this reinstatement so we pay attention to what they are doing. When the CBI talks – I listen….However the IMF and other agencies are to first approve the CBI actions in this regard, so we also listen to them. But what we should not be doing is listening to all this rubbish about madam Woo or other such NESARA bullshit. These idiots know very little and just make up this stuff and spread their rumors and hype.


You tell me- How can Iraq reinstate their currency now?


More news….


So the vote by the Kurds to break of from Baghdad was overwhelming in favor of this action. But remember this was just a vote to poll the citizens. There is not yet any break off and we have been told this could take as much as year or more to complete. I believe this is now a huge bargaining chip the Kurds can use with Baghdad. What do they want? They want a law to implement Article 140 and HCL (finalized) for their constitution as well as other laws that need to be passed that effect their region.


More news….


The United States is deeply disappointed that the Kurdistan Regional Government decided to conduct today a unilateral referendum on independence, including in areas outside of the Iraqi Kurdistan Region. The United States' historic relationship with the people of the Iraqi Kurdistan Region will not change in light of today's non-binding referendum, but we believe this step will increase instability and hardships for the Kurdistan region and its people.


The unilateral referendum will greatly complicate the Kurdistan Regional Government's relationship with both the Government of Iraq and neighboring states. The fight against ISIS is not over, and extremist groups are seeking to exploit instability and discord. We believe all sides should engage constructively in a dialogue to improve the future of all Iraqis. The United States opposes violence and unilateral moves by any party to alter boundaries.


The United States supports a united, federal, democratic and prosperous Iraq and will continue to seek opportunities to assist Iraqis to fulfill their aspirations within the framework of the constitution.


More news….


Called Rafidain Bank citizens borrowers to commit to pay the monthly installments of financial payments to the bank to ensure the continuation of public interest and not subject to legal consequences.


"The bank's general management urges customers, small business owners, borrowers to purchase cars and others to pay their installments in order to ensure the continuity of interest expansion among as many citizens as possible," the bank's information office said.
He pointed out that 'the bank will be forced to take legal action against the complainants to pay their debts and will put in coordination with the Directorate of General Traffic signs of parking on vehicles belonging to default owners to pay their installments'


More news….


American military contractors operating in Iraq are accusing Baghdad of employing strong-arm tactics to make them pay exorbitant income taxes, a practice they've warned the Trump administration is hampering the fight against Islamic State extremists.


More news….


Iraqi Prime Minister Haider al-Abadi has given the Kurdistan Regional Government (KRG) three days to hand over control of its airports if it seeks to avoid an international air embargo, a retaliatory move the Iraqi government says will take against the independence-seeking region in the wake of a highly controversial referendum.


The Iraqi premier made the remarks in a weekly press conference in the capital Baghdad on Tuesday. He said international flights to and from the Kurdish region would be suspended in three days.


Last week, Baghdad called on all countries to stop direct flights to the international airports of Erbil, the capital city of the KRG, and Sulaymaniyah, another city in the Iraqi Kurdistan, but so far only Iran has put in place such an air embargo, halting direct flights to the region on Sunday.


Abadi added that Baghdad would not negotiate with the Kurdish authorities the results of the provocative plebiscite on the independence of the KRG, which is led by Massoud Barzani. The Iraqi prime minister said the whole nation would suffer from the repercussions of the “unconstitutional” move.


Then what happened next…


US State Department spokeswoman Heather Noyert criticized the Iraqi government's decision to close the air ports of the Kurdistan region as a punitive measure against the backdrop of Monday's referendum. 


"The closure of the air ports by the government in Baghdad is not right," Nuert said at a press conference. "We do not accept any escalation or violence on both sides." "We do not support the step of the referendum of Kurdistan and do not take sides with the Baghdad government, but we support the unity of Iraq."
Meanwhile….what next..?


US Congressman Trent Franks presented a bill to the US Congress calling for Kurdish support for the establishment of an independent state after the end of the independence referendum for Kurdistan.
Franks, a Congressman from Arizona, asked the US Congress to support the Kurdish state that "would reject Turkey's wishes in the region," Franks said.
According to the daily "Daily Callar", "The purpose of the project Franks known for its support to the Kurdish people is that the House of Representatives that the people of the Kurdistan Region has the right to self-determination and establish a sovereign state."


More news….


The coalition of state law is leading a campaign to dismiss the President of the Kurdish Republic Fuad Masum, and all employees of the ranks of special and public and military leaders. The deputy for the coalition of state law, Haider Mawla Arab Jerusalem, that a set of signatures submitted to the Presidency of the House of Representatives demanding the dismissal of President Fuad Masum.


More news….


(I smell something fishy going on here!)
Several members of the Barzani family are also involved in smuggling money to America, Lebanon, Turkey, Switzerland and Germany, as well as embezzling money, gambling and immoral activities, the report said.
The Barzani family has hundreds of billions of dollars in international banks, with Barzani's wealth alone estimated at $ 373 billion outside Iraq, the agency said.
(I want to remind everyone that one of the reasons the GOI has not been paying Kurdistan their 17% on a regular basis is because they have not been paying the contractors on time, as they promised. So where does the money go when they are piad? So we learned recently that nearly 80% of arears has been paid to Kurdistan. They demanded 100%. Then we witnessed Abadi asking them why oil companies are demanding to get paid, when the KRG is holding back. Something is not right here and we can see Kurdistan is not innocent in their dealings. The negotiations with the GOI have not been honest from both sides.)



Articles are below. Due to FACEBOOK limitations my comments are in brackets ( ) throughout the articles. I also separated the articles with asterisks.


Articles Begin
*************************************************************


REPORT: PRELIMINARY RESULTS OF THE KURDISTAN REFERENDUM


The results of the referendum on the secession of the Kurdistan region from Iraq revealed a wide participation rate of 80 percent, according to local reports, prompting the Supreme Electoral Commission for the referendum in Kurdistan to extend the vote for an additional hour ended at 7 pm local time.


According to a report published by the Kurdish channel Rudaw, close to the authorities in the region, the percentage of "Yes" according to preliminary results was 95.4% in Halabja, while 98.2% in Berdersh and 97.6% in Aqra.


The percentage of participation in the referendum according to the regions was as follows: Erbil 84 per cent, Dahuk 90 per cent, Kirkuk 78.77 per cent, Ninawa Plain 86 per cent, Khanaqin 92 per cent, 94 per cent, Makhmore 87.3 per cent, (86 per cent), Zakho 94 per cent, Amadiyah (Amidi) 89 per cent, Rawanduz 90 per cent, Juman 91 per cent, Mirke Sur 98 per cent and Halabja 58 per cent.


(Frank26 told everyone on Monday night’s call that only 40% of Kurds voted in favor of the referendum. We can see now he does not know what the hell he is talking about.


*************************************************************


CONTRACTORS ACCUSE IRAQ OF SHAKE DOWNS TO FORCE TAX PAYMENTS


American military contractors operating in Iraq are accusing Baghdad of employing strong-arm tactics to make them pay exorbitant income taxes, a practice they've warned the Trump administration is hampering the fight against Islamic State extremists.


To force payment of the taxes, which the companies say are haphazardly calculated and can total millions of dollars, Iraqi authorities have held up — and even threatened to stop altogether — delivery of essential supplies, including food, fuel and water, bound for U.S. and coalition forces, according to interviews and documents obtained by The Associated Press.
Iraqi government officials also have refused to issue, or have delayed, the delivery of work visas to employees of companies that won't hand over the money.
A senior executive at a U.S. company that supports American troops in Iraq said contractor vehicles are stopped at checkpoints frequently and ordered to produce documents that certify they've paid the taxes or prove their company has received an extension from Iraq's tax commission. The executive spoke on condition of anonymity to avoid retaliation from the Iraqi government for speaking out publicly.
He said the Iraqis typically calculate the tax bills by first determining the total value of the contract and then charging 20 percent of what they estimate the company's gross revenue would be. That can lead to eye-popping yet wildly inaccurate totals as high as $20 million. The big number is really aimed at getting the company to agree on a smaller yet still substantial amount, the executive said.


Najiha Abbas Habib, director general of Iraq's tax authority, rejected the allegation U.S. contractors are being gouged. American companies working in Iraq are not exempt from taxation, she said, adding that Iraq's tax rates are actually lower than other Middle East countries.


"Many foreign companies operate in Iraq without paying any taxes at all," Habib said.


Robert Mearkle, a spokesman for the U.S. Embassy in Baghdad, denied the tax demands have undercut the counterterrorism mission. "Iraqi enforcement of tax laws has not disrupted U.S. efforts to defeat ISIS," he said in an emailed statement, using an alternative acronym for the militant group that in 2014 burst into western and northern Iraq from Syria.


But a trade group representing a number of the contractors told Secretary of State Rex Tillerson several months ago that the tactics present a "direct threat to the U.S. government's mission in Iraq." The Professional Services Council also said in the previously undisclosed May 1 letter to Tillerson that the arbitrary way the Iraqis are collecting the taxes heightens the potential for fraud and waste in a country that already ranks as one of the most corrupt in the world.


David Berteau, president of the Professional Services Council, estimated in an AP interview that the Pentagon spent about $1 billion in just the last year on contracts with about 20 U.S. companies for support in Iraq. The work ranges from supplying U.S. and coalition bases to construction and weapon system maintenance.


Berteau said the companies either seek reimbursement from the U.S. government for the taxes or build the expense into the price they charge on the contract.
"Either way, U.S. taxpayers eventually foot the bill," Berteau said.


But the Trump administration hasn't confronted senior Iraqi officials over the matter. Tillerson, in a brief response he sent the organization in early July, said a diplomatic note between the two countries approved in 2014 during the Obama administration gave U.S. government personnel but not contractors protections from Iraqi law.


Tillerson said the U.S. Embassy in Baghdad routinely engages with the Iraqi government "to ensure fair treatment" of the U.S. contractors working there. But he also said it's "always important that U.S. companies follow local laws," which include the payment of taxes.
And Tillerson gave no indication the Trump administration would pursue what U.S. companies with overseas contracts really want: an agreement with the Iraqi government that gives them exemptions from the taxes and other legal protections to shield them from being prosecuted in Iraqi courts.


Iraq's push for the taxes has coincided with a sustained drop in oil prices. Oil revenue makes up nearly 95 percent of Iraq's budget, but the country has been reeling under an economic crisis since 2014, when prices began falling from a high of above $100 a barrel.
The seizure of territory across Iraq by the Islamic State group in 2014, including the fall of Mosul, worsened the situation. Badly needed resources have been diverted from productive investment to fight a long and costly insurgency.


U.S. Central Command, which oversees military operations in Iraq, referred questions to the State Department. The command declined to provide a list of the U.S. companies in Iraq with Defense Department contracts.


Among the companies operating in Iraq are General Dynamics Land Systems and DynCorp International. General Dynamics, which is based in Michigan, received a $65 million contract late last year to support Iraq's fleet of M1A1 battle tanks. DynCorp, located in McLean, Virginia, won a contract in 2015 with a potential value of $139 million to school Iraqi troops in vehicle maintenance and repair. Neither company responded to requests for comment about whether they'd paid taxes to the Iraqi government.


In its version of the annual defense policy bill, the GOP-led House Armed Services Committee expressed concern over Iraq's tax collection efforts. The legislation, approved in July, requested a briefing by the Defense and State departments on "tax collection, visa denials, and other issues that are affecting U.S. civilian contractors in Iraq."


And Sen. John Cornyn of Texas, the Senate's No. 2 Republican, has thrown his support to the U.S. companies, telling Tillerson and Defense Secretary Jim Mattis that he's concerned the income tax demands could lead American contractors to avoid Iraq altogether.


Cornyn wrote in early August that Iraq is "the only unstable conflict zone in the world where U.S. contractors and their employees have no legal tax protections."


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DELETING ZEROS FROM IRAQI DINAR NEEDS UNAVAILABLE STABILITY, SAY EXPERTS
by Layla Mohammed 


Nov 9, 2008
Iraq-Feature BAGHDAD / IraqiNews.com: Economists have agreed that the long-term project of deleting zeros from the currency which the Central Bank is planning to implement needs ‘unavailable’ economic stability. “The central bank’s decision to delete the three zeros is not a new decision in the long run on the economic arena, and there are several countries that adopted that decision, including Germany,” Economist Abdul Karim al-Halafi told IraqiNews.com. “The Iraqi case does not have the objective conditions to delete the zeros because Iraq suffers from structural economic problems and a high percentage of inflation as well as the increase in the unemployment rate,” al-Halafi said.
“Iraq can’t continue this decision in the short run nor the long run,” he added, noting that Iraq can delete the zeros when there is a strong production and no structural disorder. The Central Bank of Iraq (CBI) had announced last October a long-run project to delete the three zeros from the Iraqi dinar to improve the Iraqi currency status.


For his part, Hilal al-Taan, researcher and academic, said “deleting zeros project was suggested by Finance Minister Bayan Jabr al-Zubaidi and could be studied and implemented as a medium or long-run project and could not be implemented without an economic stability and the improvement of the Iraqi dinars exchange rate.”
Meanwhile, Abdul Hussein al-Aanbaki, the prime minister’s adviser, objected the project and told IraqiNews.com “I do not agree with this policy and I do not agree with changing the currency shape or deleting the three zero.” He stressed that the situation will not change for the Iraqi citizen and the only thing that could happen is paying extra money for canceling the old currency and reprinting the new currency and will not has a positive impact on the inflation. Another economist, Mohamed Islamil, told IraqiNews.com “deleting the three zeros is a very complicated economic issue which needs accurate statistics and analysis for the whole economic activities, the matter is not available in Iraq.”


Mnt Goat comments: (Remember this article is a blast from the past. But I presented it today because if you were probably not around way back in 2008, like I was, then you would not have read these articles so you would not know any better that the conditions for an RV in Iraq are not yet there. Besides not knowing this you are being pumped with the gobbly-goop from the so called intel “gurus” who also don’t have any idea. So you have non-experts feeding the massed false information. So today let’s get it straight.


Please read the article. It says everything that the follow-up articles on this topic of the project to delete the zeros have been saying ever since.


Here is the list of issues they have with continuing with the project to delete the zeros. They has these issues way back in 2008 and still do. Yes – there were short periods where things did look good better like in 2012 (targeted early 2013) then again in 2015 (targeted early 2016) then told us targeting early 2017 contingent upon Security situation being resolved by then.


I quote from the article “Iraqi case does not have the objective conditions to delete the zeros because:”


1. suffers from structural economic problems
2. a high percentage of inflation (this I believe is now under control)
3. high unemployment rate

So what is the good news? When can Iraq then continue with the “project to delete the zeros”?


I quote from the 2008 article above – “Iraq can delete the zeros when there is a strong production and no structural disorder”


Remember later in 2015 and 20016 they told us they needed “Security” and “Political Stability”. But remember this was from the CBI and not the economists. The CBI is taking direction from the IMF while the economists just give opinion based on economic conditions.


So what else did the economists say in 2008? I quote from the article above.


“Iraq can’t continue this decision in the short run nor the long run” (in other words it is like a double edged sword. You know you can’t continue without it and it makes life harder now, but you know it will not be easy to get there and will take time, either way it is not going to be easy.)


“The Central Bank of Iraq (CBI) had announced last October (2007) a long-run (long-term) project to delete the three zeros from the Iraqi dinar to improve the Iraqi currency status.” ( so now we know when they were first planning the project and set it in motion. Can you see all the progress they have made up until now? Can you see we are on the verge of this final parts to this project?)


(project to delete the zeros can be) “implemented as a medium or long-run project and could not be implemented without an economic stability and the improvement of the Iraqi dinars exchange rate”. 


(remember Dr Shabibi got the rate to 1166 and now it is about 1182 due to inflation. What does this tell you? Remember the higher the rate the more dinars it takes to make one US dollar so this is bad…not good…We want a lower rate whenever they speak of the 3 zero notes.)


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373 billion dollars Barzani's wealth of money laundering and gambling


24/09/2017 09:30
Trend Press / Reports


A Turkish press report highlighted the activities of Massoud Barzani's illegal family in Kurdistan as a money laundering operation.


"One member of the Barzani family, Saman Sabr Barzani, owner of Zacros, regularly transfers millions of dollars to outside Kurdistan through Erbil International Airport," the report said.


Noting that "once, he transferred $ 20 million dollars and confirmed the validity of these activities by Erbil airport director," Sirwan Ali Reza, "when he said," the rate of transfers to more than four times every three months. "


After that, the intelligence investigations officer, Barzani's son "delighted", opened investigations with the staff of Erbil airport, to find out the identity of the information lane.


Several members of the Barzani family are also involved in smuggling money to America, Lebanon, Turkey, Switzerland and Germany, as well as embezzling money, gambling and immoral activities, the report said.
The Barzani family has hundreds of billions of dollars in international banks, with Barzani's wealth alone estimated at $ 373 billion outside Iraq, the agency said.


Source: Eckord News


Articles End


Their words not mine…..No Rumors, No Hype, Just the FACTS!


Auf Wiedersehen
Much love to ya all,
Mnt Goat

The big call w/Bruce Dinar Zim VND

Restored Republic via a GCR Update as of Sept. 27 2017

Compiled 1:27 am EDT 27 Sept. 2017 by Judy Byington

A. Sept. 26 2017 The Big Call, Bruce: Thebigcall.net 712-770-4016 pin123456#

1. Abadi made announcement on Sat. Sept. 23 from Iraq, but we don't know what that announcement was.

2. The Dinar, Dong and Zim have traded up to be very high exchange rates.

3. Fines and penalties must still go out before we go in and they should go out tomorrow Wed. Sept. 27.
4. A schedule should go out to the bankers early tomorrow morning Wed. Sept. 27 that should show that we start on Thurs. Sept. 28.

5. We should be redeeming from Thurs. Sept. 28 until Sat. Oct. 14.

6. John Q. Public should start on Sun. Oct. 15.

7. Oct. 15 was also an operational exchange rate change day. The Forex may also start on Oct. 15.

8. The currencies can be negotiated but they are so high that you may not want to negotiate higher than the screen rates you are offered.

9. Prosperity Packages may go out after the start date for our exchanges.

10. The USN asset-backed currency has been in place for several weeks.

11. Several large humanitarian projects have been funded.

12. Let them know how much liquidity you will need in the first 90 days.

13. There is no 80%-20% mandate in the Zim Internet group. You can use as much of your exchange as you feel necessary for humanitarian needs.

**************

B. Sept. 26 2017 KTFA Mon. night Call, Frank 26: KTFA: Highlights From Monday Night Conference Call:, 26 SEPT

1. Abadi has been hard at work while the UN waited. The Kurd Referendum vote was planned and just a rebellion, while the UN said no.

2. The Referendum failed when the Kurds were caught stuffing their ballot boxes.

3. Months ago Abadi knew about the 25th. He would make a public speech that the whole of Iraq was FREE, Welcome International world, and then they go directly into article 8.

4. The 48 hrs were now up. Abadi is ready to make his speech, or has already made it. Actually Abadi has a date and month, but he can't say it.

5. He will make that speech in country. The big screens were up and right where they needed to be.

6. In the next 5 days Abadi could do what he wanted, as Iraq was now a completely liberated nation.

***********

C. Sept. 26 2017 "Is or Isn't" GCR/RV SITREP: "Is or Isn't" - GCR/RV Intel SITREP - Tuesday - September 26, 2017

1. What's really amazing to witness is the great Cabal lie unraveling at every turn, and the gentle panic of the world as it is forced into dealing with reality versus fantasy (aka change).

2. It's not whether or not the FED is or isn't raising rates, it's whether the FED is or isn't.

3. It's not where these category 5 hurricanes will hit, it's that there were 6 hurricanes in a row and now they have suddenly stopped.

4. It's not if a revaluation of currencies is going to go down, it's what project management do you have prepared after it does.

5. Everything appears backwards because everything was designed to be that way to keep humanity in their lowest chakras to enslave them.

***********

D. Sept. 26 2017 11:11 am EDT GCR Intel Situation Report: "No Worries" - GCR/RV Intel SITREP - Tuesday - September 26, 2017

1. The latest news as of 3am EDT tonight Sept. 26 is that final release instructions would go out to the banks at 12:30am EDT Sept. 27.

2. There was an eight day protocol starting on Mon. yesterday Sept. 25.

3. By Tues. Sept. 26 or Wed. Sept. 27 of this week would be our "go time."

4. Personally, I believe we will see something tangible at the absolute last second which I understand to be Sat. midnight on Sept. 30, 2017.

5. The ZIM just went over $4.00 USN while I was texting this SITREP (I do them on my phone if you can believe that, and maybe why my spelling is so bad... maybe not:).

6. Imagine turning in just one 100T ZIM note and getting 400T USN back with a straight face? But then what? You leave the exchange facility and you have more resources than you can mathematically comprehend, and what's your next move? Shock is what. Regret for some they bought so much ZIM. Fear maybe. Elation for a few perhaps. But most will be in shock.

**********

E. Sept. 26 2017 11:38 am EDT: Michael C. Cottrell Update w/ Mrs. Redcat 9-26-17

Yesterday, I had rather lengthy talk with Mr Cottrell. He explained the world event.
He is absolutely positive this won't go beyond Sept or latest by Mid-Oct 2017.

**********

F. Sept. 26 2017 12:00 am EDT Intel Situation Report: "Doves" - GCR/RV Intel SITREP - Tuesday - September 26, 2017

1. All participating T1 banks and redemption locations are waiting for us.

2. Yesterday afternoon Sept. 24, a $368 Trillion, 10 year Federal Budget gift was released into the American money system.

3. There were 29 zeros waiting for the world to redeem in new rates tonight Sept. 25: ZIM $3.95; VND $24.84; IQD $30.62

***********

G. Sept. 25 2017 Poofness  Report:

1. We got our release, though bankers were sending it out later than sooner.

2. We will be getting the funds in a few more days, but before the weekend once the funds filter through the paymaster's hands and drop into our accounts.

3. The first funds in are small - for the infrastructure part and getting bills paid.

4. The main project funds that will begin all of us are at month's end (meaning first week of Oct. by the time they arrive.)

5. We will be hard at it by the end of this week.

6. I expect some very good news this mid week.

TNT & PEOPLE DINAR UPDATE, 27 SEPT

TNT:

OkRocks:  September 26, 2017 The Cabinet held its regular session on Tuesday 26 September 2017 under the chairmanship of the Prime Minister Dr. Haider Abadi. During the session, a vote was taken to place the land and air borders in the region to the federal authority.

OkRocks:  Iraq Day‏ @iraq_day 1 hour ago Iraq parliament discussing the next step on the KRG referendum now, #Iraq PM @HaiderAlAbadi, minister of defense & interior join the session The minister of oil and the head of national security council are also present. Very important session and important decisions likely to be made.

OkRocks:    AFP news agency‏Verified account @AFP #BREAKING Iraq PM demands annulment of Kurdish independence vote

OkRocks:  Haider Al-Abadi‏Verified account @HaiderAlAbadi Oil revenues in Iraqi Kurdistan must be returned to the control of the federal authorities

OkRocks:  Haider Al-Abadi‏Verified account @HaiderAlAbadi Sep 24 The problems in Iraqi Kurdistan are rooted in corruption and mismanagement

OkRocks:  Prominent Kurdish MP: independence referendum in northern Iraq marred by fraud, violence 26 September، 2017

OkRocks:  Movement of Change (Gorran) which is the third largest political party in Kurdish-held northern Iraq has boycotted Mondays’s controversial independence vote , accusing Masoud Barzani, the beleaguered president of Iraq’s Kurdistan Regional Government (KRG) of plundering Kurdistan’s oil wealth and ruling KRG as an absolute tyrant.

OkRocks:  373 billion dollars Barzani's wealth of money laundering and gambling . Several members of the Barzani family are also involved in smuggling money to America, Lebanon, Turkey, Switzerland and Germany, as well as embezzling money, gambling and immoral activities, the report said. The Barzani family has hundreds of billions of dollars in international banks, with Barzani's wealth alone estimated at $ 373 billion outside Iraq, the agency said.

OkRocks:  Understand these things had to be addressed ... now they are :)

Briona:  It appears Barzani like Maliki is corrupt to the core, plundering the wealth of the country for his benefit.

*************

OkRocks:  Abadi condemned all attempts to stir up sectarianism, nationalism and racism, pointing out that the Iraqis managed to defeat the terrorists by their unity when terrorism managed to divide us. He added that "our first goal is to serve the citizens and the unity of our country and we are surprised by the procedures of the referendum and warned the leaders of the region of serious repercussions for him stressing that we will not deviate from the Constitution, which has a supreme authority over all authorities and our national duty to defend Iraq and unity, and therefore we will impose federal authority in the Kurdistan region,

"He said. "The Iraqis are all partners and no one has the right to be alone in his decision. We reject the referendum and its results," he said.

He also pointed out that "the international position is supportive of us and remains a supporter of Iraq's unity and sovereignty." "The Kurdish citizens are Iraqi and will remain so. We will not take any step that would harm the interests, dignity and well-being of our Kurdish citizens," he said.

Read more headlines https://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=e​n&ie=UTF-8&u=http%3A%2F%2Fwww.alforatnews.com%2F&edit-text=

Harambe:  CNBC: Brent oil eases but remains in sight of 2015 highs https://www.cnbc.com/2017/09/26/oil-markets-note-supply-concerns.html

Harambe:  BBC: Iraqi PM urges Kurds to 'cancel' referendum result http://www.bbc.co.uk/news/world-middle-east-41413999
 
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People’s Dinar:

Payray   Article:  "What will happen in the session of the House of Representatives tomorrow?"  (Wednesday)   "The Office of Prime Minister Haider Abadi, on Tuesday, the federal government imposed "administrative" sanctions against Kurdish officials against the backdrop of the referendum, noting that Baghdad will deal with the Kurdistan region as part of Iraq regardless of the referendum."  

Important meeting tomorrow.(Wednesday) .. Abadi is supposed to be attending this meeting... Again, with the situation that has been ongoing, this is his time to show his ability to lead the country, while being able to establish trust with the whole of Iraq... Good stuff.

JESTER UPDATE, 27 SEPT

Jester’s Place:

[JESTER] HELLO AND HAPPY TUESDAY EVERYONE...

[RPharmer] Jester Hi. I was laid off from my last job and now interviewing for a new one. Respectfully asking, Any new news on the RV? You have been kind to share so much already.

[JESTER] RPharmer MOST OF WHAT WE HAVE UPDATED IS ALONG THE LINES OF THE RESET... THE RV IS A MISNOMER AS THEY ADJUST ACCORDING TO THE RESET...

[MarySunshine] JESTER Did they try to put it through the computer system again?

[JESTER] THE WHOLE ISSUE NOW IS THEY HAVE TRIED AND NOT GOT ALL THE WAY THROUGH... THAT STEP IS STILL COMPLETED AND CONFIRMED LOOSELY AS A BUNCH OF MONEY TO BE USED FOR DEBT REPATRIATION LAYING AROUND ASIA STILL... HAHAHA... BUT THAT IS THE BEST DEFINITION FOR IT...
 
[Johnnyutah] Anybody know if General's group is still a thing?
 
[JESTER] Johnnyutah YEAP... MY UNDERSTANDING IS HE IS IN WELLS FARGO ABOUT EVERY DAY... IN CONTACT WITH ANYWAY...
 
[JESTER] NOT THE ACTUAL GENERAL...... THE NEW GROUP LEADER....