,
DINARESGURUS.BLOGSPOT.COM_________________ _______

Tuesday, October 17, 2017

Dinarland Highlights

RANDY KOONCE UPDATE,17 OCT

How is Everyone in Dinarland Makin' It?

OK, Everyone living in DinarLand. Lets Get up to speed on the current state of affairs, as they stand Today...... Iraq needs a currency. That is a fact. But, before they could address the needed currency, they first needed to get their country to a position of feeling safe. Stability and Security.

So, the US agreed, and has assisted Iraq on clearing ISIS out of Iraq... Did that mean they had to do that in order to RV? NO!! This was the preference of what IRAQ wanted to do, prior to establishing an international, valuable currency. So, the US also wanted the defeat of ISIS to be complete.
 ...
For that reason, the next 'Window' for watching for a change in their rate will start on Tuesday, October 17, of this week and go to the end of the month.. The greatest pressure for this to happen will be this week...... Please understand: There is NO back door on the time frame for the RV to occur.

The pressure is coming from the Void of any money in Iraq. They need to get commerce moving, and increasing the value of their money will make that happen. People who have money do not blow themselves up! They will suddenly have a way to improve their lives. The RV will assist in furthering the whole Security and Stability issue.

So the pressure is on. Why do I give a 'window' verses an exact time? Because i do not control this thing. If I did, it would have happened a LONG time ago!....

1. If you send me email or text and tell me you are getting out, I will rarely respond. So, don't. If you got into this investment because you expected to get rich QUICK, your expectations were unrealistic. ALL investments take time....And I personally do not see the point in baling out after you have already spent the money to invest...

2. If someone tells you that it is a pipe dream, just remember: Iraq's Currency was 2.75 even with Sadam Hussien in charge. Also, it is a fact that the US promised to let them restore their currency, once the fighting was finished.

And now, You say: "Ok! They quit fighting and US pulled out.... leaving a void....and everything went to hell in a hand basket." Yes, you are correct. But, that was an official "Obama ** Move" (I mean, what else can I say!) ... Obama did not want this to take place until Hillary lost the election... The only reason he did not pull the trigger on it sooner, was because Iraq wanted and needed a higher rate, and he didn't want to give it. Bottom line - It's all been politics!!!....

3. Speaking of Rate: We understand that Iraq has been given option to choose their Rate with Trump. So, the Range is 2.00 to 3.71. The only way to know what it will be, is wait until it comes out.... Some say .10 cents and float it up.... Well, Kuwait did that and for that very reason, this will not happen.

Kuwait had a government that operated better than Iraq does even today.... And when Kuwait floated their currency, it hurt the progress economically of Kuwiat.

​It went too high too quickly, and then on the way down, it nearly crippled the country until it finally stabilized around 3.60. So learning from the mistake that Kuwait made, the CBI said the 'Float' will be 'Managed'...

What does Managed mean?.... if you look at the currency now and realize it has been this price for at least 10 years - that's a Managed Float! ... They control the rate.... they peg it off of the Dollar and the British Pound so that it will not move unless they want it to. Which is the reason they will need to RV the currency to get the rate they need.....

4. Are there any Laws that need to be passed before they let this go? NO!! Everything is just waiting on Iraq to do this 'Thing'!! ..

5. Do not get discouraged!! Just put on your big girl panties (or big boy, as the case may be) and let this happen. Be happy about the timing... We are close.

Randy Koonce

We are close.. Every large bank will exchange.. RELAX the RV is coming...
Breathe,,,

Check www.cbi.iq every day to see if it has changed... do not take a guru or a post about in country RV or any thing else do not be fooled just check the CBI

Do not let your emotions get to you.

BREATHE BREATHE......... Yes I will do a meeting after the RV...... do not worry I will send out email...

TNT UPDATE, 17 OCT

Tuesday UPDATE for October 17, 2017

Iraqi news is reporting an interview with yet-to-be-publicy-announced, the CBI Governer, Alaq referencing the meetings he attended indicating the intention to eliminate the restrictions on the exchange rate and the use of multi currencies resulting in Dinar use only. Woo Hoo!!!!

This is said to be happening in the coming days.

Peshmerga forces are retreating when Iraqi forces arrive, I see no signs of an actual civil war taking place.

Harambe:  AP News: After Kirkuk, Kurdish forces pull out of more areas in Iraq https://apnews.com/8f5c9f86e2bb42229edc40ec75c6644f

Harambe:  CNBC: Oil prices rise as Iraq fighting, rising US-Iran tensions restor​e risk premium to market ... Brent to $58. https://www.cnbc.com/2017/10/16/risk-premium-returns-to-oil-over-iraq-​fighting-and-rising-us-iran-tensions.html

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

Jer39Prove8:  Allak announces that the cbi exchange restrictions and mcp HAS BEEN LIFTED!

So Allak is introduced as CBI governor, not acting governor! Start from the 9:45minute marK. This is getting very exciting. He starts off by saying the IQD will remain pegged to the US dollar And right after that he talks about exchange and multi currency practice!

I’m sooooooo excited about this week, I can’t sleep! Enjoy the video! Praise God for His grace and mercy toward us. Get ready get ready get ready!

https://youtu.be/oRv87HmZNQs

Emon:  I remember from the past if they are announcing it !!! It has already been DONE right!!!!!!

Mriles: IMO  BASICALLY ALAK JUST ANNOUNCED THE RV JUST NOT THE DATE!!!!!!!!!!!!! READY TO GO…. MEANING RATE CHANGE READY TO GO
People’s Dinar:

Payray   There is so much going on behind the scenes... The puppeteers are pulling the right strings in order to bring out a desired outcome... Watch, and see. 

Most who are involved in the orchestration do not know they are being used... Only the major players, and of course those behind the scenes.

Everything is fine folks.

Are they still having meetings, and Alak is going to Washington as THE Governor of the CBI... That is substantial IMHO... NO longer the "fill in", or intermediate

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

KTFA Monday Night Conference Call, 17 OCT

KTFA Monday Night Conference Call

The first part is Business Promo and the second part is Dinar/Iraq Intel

PLAYBACK # : 641.715.3639     PIN: 156996#

https://fccdl.in/vRo1G4J5O

Restored Republic via a GCR Update as of Oct. 17 2017

Compiled 12:04 am EDT 17 Oct. 2017 by Judy Byington

A. Oct. 15 2017 6:56 pm EDT Sunday, Yosef Report, Gary Larrabee, Sharon: Sharen Shares "Some Seemingly Good News From Yosef" !! "Souvenier Bundle" Intel as of Sunday PM:

1. Redemption estimates show 50 million Americans have currency and who, through an email, will be given exchange instructions and an 800 number to make their exchange appointments.

2. On Sat. night Oct. 14 pallets of the new gold-asset-backed USN were delivered to redemption centers through military helicoptors or convoys and the USNs were deposited into the US banking system.
....
3. In Reno the Admiral will be redeeming IQD and VND as scheduled, but won't be redeeming Zim.

4. Reno Zim holders took the Zim Sovereign rate of $.000018 to 1 USD and would be referred to HSBC to exchange.

5. As of Sun. Oct. 15 the new currency rates were as follows:

Private Rates/ Public Rates

Zim $ 5.32 /$ .16
IQD $ 34.67/ $3.71
VND $ 28.31/ $2.75

6. Private redemptions would occur Mon. Oct. 16 to Oct. 22 (6 day redemption period).

7. Public redemptions would occur Tues. Oct 17 to Oct. 30 (13 day redemption period).

8. On Oct. 31 the revalued currency rates would appear on the Forex for the global trading public.

9. There would never, ever be a public announcement about US currency returning to the gold standard.

10. There were 12 Call Centers. Two would always be active, with 10 used as backups that switched every 4 hours.

11. There were specific Zim Call Centers in each Call Center that would be manned by military personnel.

12. The new USN has a deeper color and would replace the Federal Reserve note.

13. Redeemers would be receiving a $10,000 souvenier bundle of USNs.

**********

B. Oct. 16 2017 4:43 pm EDT, Bluwolf Intel: "Attention Everyone" - Bluwolf Intel Update 10-16-17

Just got a clear second of communication on my phone. Attn. everyone: be ready. The 800 number should be here briefly.

**********

C. Oct. 16 2017 11:35 am EDT GCR Intel Alert: Operation Disclosure GCR/RV Intel Alert for October 16, 2017 https://operationdisclosure.blogspot.com/

1. Everyone will receive Prosperity Packages once the USN was activated.

2. "Prosperity Packages" were where every citizen received funds directly from the government as part of a debt relief program (separate from the RV). Other countries also might be giving Prosperity Packages to their citizens.

3. The USN would replace the USD.

4. The new international currency rates would appear on the Forex after all currency holders have exchanged. That was expected to happen by the end of Oct. 2017.

5. The 800#s were to be released at any moment.

**********

D. Oct. 15 2017  "Duct Tape" - Update - The Office of POOFness - 10.16.17

1. We have 2 more days (Thurs. Oct. 19) to wait for our first funds and the bank has no choice now, according to the lawyer.

2. By the end of this week our project funds would begin their sequence.

3. The Elders were pleased that all was in readiness.

4. Currency exchanges were going full force.

5. Most people I know understood that closings were this week, while the cutoff for submissions was already here.

6. The forces that have delayed our releases were tuckered out. This week a few things would begin for us, along with a few other sister organizations.

7. Most of the structures were in place for the process of release.

8. Our distribution of funds to the global projects was the first job.

9. A few have cashed out their currency, mostly with the Zim. We expected to hear about many more this coming week.

10. We do not know details of the payouts, but would know soon. Payouts with large amounts would be on a structured payout system of a year, or thirty years, depending on budgets and who was accomplishing the work.

11. Despite the nature of the funds and their intent in helping humanity, security concerns surrounding the fundings were being strictly addressed. The Elders had a protocol that prevented the bad guys and various mafias from taking advantage.

12. The mechanism of release of funds for humanitarian purposes was a two stage process with all the work done on the front end. That meant the organization that performed deployment of services (food, shelter, medicine, disaster relief, etc.) was the vetting mechanism.

13. Once a project had the green light it received preliminary funds.

14. Once the project completed the vetting process, a doable budget would be submitted. The time between submission to receiving the first funds would be very fast. They duplicated the security checks and gave expert opinion during the vetting process.

15. The secondary and completely separate mechanism to double check the organization's efforts was very stringent.

16. The release of funds to a project was fast, but the time for vetting and preparing the file might take from hours to months.

17. We structured each project according to it's requirements and provided lawyers and accountants that would perform infrastructure requirements. Minimization of tax exposure was an area of focus.

18. We have spent many years getting projects funded for the right reasons.

19. This would begin this week.

20. We finally have a movie coming out about leaked intelligence on HAARP including chemtrails, hurricanes and weather control:

http://www.starshipearththebigpicture.com/2017/10/13/jim-stone-california-fires-were-not-wild-they-were-engineered/

21. China was dedicating a lot of it's alloted infrastructure funds to it's senior population, with massive buildouts of assisted care facilities, medical centers, senior centers and so on. We would do the same in North America.
E. Oct. 16 2017 7:53 pm EDT TNT Call: TNT Showtime CC Notes by Adept1 10-16-17

1. The IMF meeting should conclude Oct. 16, although members told me that yesterday was the last day of actual meetings on the schedule.

2. There may be meetings that were not scheduled, and the outcome of those meetings would tell us whether to be very, very excited for this week, or for next week.

3. Banks have shifted their ‘on call’ process to the end of this week, although anything could happen between now and then.

**********

F. Oct. 16 2017 2:51 pm EDT "Convictions," Anonymous: "Convictions" by (Anonymous) - 10.16.17 I would like to address something that is being floated about people who have been convicted of a crime not being able to exchange:

1. The United States incarcerates more people than any other country in the world. When someone makes a statement that a person who has been convicted of a crime cannot exchange, they do not know what they are talking about. They do not realize that 25% of the population of the US has either been in prison, or been on parole or probation.

2. There are people that have been incarcerated who own currency that they bought legally.

3. Some people have put out that if a person was incarcerated in their past that they would not be able to exchange. That is not true.

4. There are only certain things that the bank, which is not a law enforcement agency, can check. One of those is not your past.

5. Unless there is someone there from Interpol, which is the agency in charge of compliance checks, then it should be alright.

6. If there are law enforcement people there at the exchange the most that they would be able to do is check to see if there are any warrants outstanding. If there is then they could arrest that person.

7. It would take a lot of law enforcement officers to be present at the exchanges, so I do not think that will be done because it would an infringement on a person rights, especially if they purchase the currency legally.

**********

KTFA UPDATE, 17 OCT

RE:  CBI Governor Alak Video  https://youtu.be/oRv87HmZNQs

DELTA:  FAMILY:GOV OF THE CBI IS SPEAKING ENGLISH IN THE VIDEO AND HE IS SAYING THAT CBI HAS REMOVED ALL EXCHANGE  RESTRICTION  AND MCP...AT MARK 9:45.  WOW THAT'S IS HUGE !!!!!!!!!

Wes101:  If the multiple currency practices and exchange restrictions have been removed, then why haven't we seen a rate change?? I thought that's what we were waiting for. What am I missing here??

Frank26:  Patience................... To allow the lite fuse to hit the powder .............

Thundercat:  One question after the CBI video do we still look for the speech from A???

Frank26:  YES.
....
Hammy1:  Did I (we) really just receive the gift we have all so longed to hear?  This is fantastic news!  IMO, they would not make such a statement at this time if they were not ready to post a new tradable exchange rate with value.  I just can't see this taking more than just a few days to play out, but I could be wrong about that.  Anyway, what a way to kick off the day.

***********

Samson:  A busy schedule of important laws in the parliament session tomorrow

2017/10/17 14:19

The House of Representatives votes tomorrow in principle on the proposed law to amend the law of the elections of the Council of Representatives, while completing the vote on the proposed law to amend the law of the Independent High Electoral Commission No. 11 of 2007.

A statement by the Information Department of the House of Representatives received the agency {Euphrates News} copy of it today that the agenda of the House of Representatives includes the report of the work of the Committee of Experts to select the members of the Independent High Electoral Commission, as well as the completion of the vote on the draft amendment to the third law of provinces not organized in the region No. 21 of 2008 .

" It is scheduled to vote in principle on a proposed law amending the House elections Law No. 45 for the year 2013, and to vote in principle on a proposed law amending the personal Status Law No. 188 of 1959."

"The agenda of the parliament session tomorrow also includes the vote on the draft law on the ratification of the mutual encouragement and protection of investments between the government of the Republic of Iraq and the government of the Islamic Republic of Iran and vote on the draft law amending the law of the union of accountants and auditors."

He pointed out that "the vote also on the draft law of the second amendment to the law of the Central Bank of Iraq issued Order No. 56 of 2004 on the Coalition Provisional Authority (dissolved), and complete discussion of the draft law to appeal the law in the provisions and decisions of real estate ownership.

The statement pointed out that "will be a report and discussion of the draft law on the accession of the Republic of Iraq to the Grain Trade Agreement of 1995, as well as the report and discuss the draft amendment to the first law of elections of the Iraqi Council of Representatives No. 45 of 2013."

http://alforatnews.com/modules/news/article.php?storyid=152189

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

Frank26:  Credentials and Resume for an ................. RI/RV !!! !!! !!!

Walkingstick:  Haider al-Abadi Is Succeeding at the World’s Hardest Job

The Iraqi prime minister has held his country together amid war and financial crisis. His next battle is to win re-election.

BAGHDAD — On a hot July afternoon in Mosul’s city center, a crowd gathered to celebrate the liberation of the city. The sun was starting to set, and children were dancing and waving Iraqi flags as young men posed for selfies and looked across the Tigris River, where vicious fighting was drawing to a close in the Old City.

A convoy of armored cars began to drive past them and then suddenly came to a halt. A white SUV with blacked-out windows neared the sidewalk, and in an instant it was surrounded by bodyguards with automatic weapons. The crowd was hushed and looked on with curiosity; some hesitated and motioned to move away while others stood on their toes to get a better look. The last such convoy they had seen was when the so-called Islamic State swept into Mosul three years earlier — but these cars carried the Iraqi flag and not the black banner of the militant group.

Then Iraqi Prime Minister Haider al-Abadi emerged from the crowd of dozens of burly guards, wearing black fatigues and a baseball cap. The crowd surged toward him, his security struggling to hold them back, shouting a chant of welcome as he waved to them. The bodyguards looked around nervously; gunfire and explosions were still echoing across the river, and they had no way of assessing the multiple potential threats they faced. Their frantic faces contrasted with the relaxed appearance of the prime minister. No other Iraqi politician in post-2003 Iraq has been greeted by the people of Mosul the same way as Haider al-Abadi.

It was one sign, among a growing number, that Abadi is succeeding in a job that may be the hardest in the world. On Sunday, the Iraqi prime minister ordered the federal armed forces to redeploy to military bases and oil facilities in Kirkuk, which were vacated in June 2014 and subsequently controlled by the Kurdistan Regional Government in the face of the Islamic State onslaught. This was a bold move in response to the controversial referendum held by Erbil calling for residents to approve independence. Despite isolated clashes, the situation ended with the federal government’s restoration of control over Kirkuk, cementing Abadi’s reputation as a decisive and successful leader, in the face of exceedingly difficult odds.

Being Iraq’s prime minister involves fighting a war against the Islamic State, preventing the country from being used as a space for proxy wars by regional and international powers, scrambling to keep salaries and pensions paid, stopping corruption from eating away at infrastructure and finances, and fending off an array of politicians jockeying to control parts of the state as personal or party fiefdoms.

The fact that Abadi has managed so well since 2014 — even that he has survived this long — has been a pleasant surprise for many Iraqis. Abadi’s challenge now is to leverage this goodwill to win re-election next year, so that he can continue his fight to reform Iraqi politics.

He will surely, and justifiably, campaign as the wartime leader who pulled his country back from the brink. This month, the prime minister declared victory in Hawija, the last town in northern Iraq that was still held by the Islamic State. The battlefield successes have led to an improvement in security across the country, with places like Baghdad witnessing the lowest rate of terrorist attacks since 2003. Security in the western province of Anbar has improved enough to allow the reopening of the Baghdad-Amman Highway and the border crossing with Jordan. The Iraqi government’s expectation is that by the end of this year the Islamic State will be defeated  and all Iraqi territory will be back under government control.

Abadi can also point to the successes of his foreign policy. He has deftly positioned Iraq on the international stage, insisting on the country’s neutrality in the region’s geopolitical feuds. His visit to Saudi Arabia this year was a milestone in Iraqi-Saudi relations: No Iraqi leader had visited for decades, and relations between the two nations had long been hostile, with the Iraqis recently accusing the Saudis of sponsoring al Qaeda terrorism in Iraq. Now, the two sides have reached a modus vivendi:

The Saudis accept that Iraq will remain allies with Iran, and the Iraqi side is prepared to open up to its Arab neighbor. Abadi has also managed to limit Iran’s influence in Iraq by ensuring military operations are led by the Iraqi Army and units are trained by the U.S.-led coalition, such as the Counter Terrorism Service, rather than pro-Iran paramilitary groups. He also has kept Iraq out of the war in Syria and has stated repeatedly that Iraq will not join any axis or side in the Middle East. This balancing act has been a difficult one for a prime minister, but Abadi has pulled it off.

The prime minister can also take credit for steering Iraq through a major financial crisisbrought about by the collapse of oil prices. A mix of spending cuts, increased oil exports, bond sales, and financing from the International Monetary Fund have tamped down inflation and kept the government running even as it fought a costly war.

This stability is now encouraging optimism about the future, with oil production expected to continue to break record levels and GDP growth poised to return. The reset in Iraq-Saudi ties looks set to attract sizable foreign investment, and companies from Europe, the United States, China, and South Korea are already increasing their operations in Iraq. This year, Britain began an export finance program worth $13 billion over 10 years, and bodies such as the United Nations and World Bank continue to offer billions of dollars per year in assistance and financing.

Abadi’s government is also making major strides in overcoming the country’s ongoing humanitarian crisis. More than 2 million internally displaced people have so far returned home, offering hope to the remaining 2 million IDPs.

The recent military victories hold the possibility of reorienting Iraqi politics and preventing groups like the Islamic State from ever reappearing in the future. In the liberated areas, where successive Iraqi governments and American military might struggled with insurgencies, the largely Sunni populations have welcomed the Iraqi security forces. Cities such as Fallujah and Mosul are being rebuilt and resettled with local, national, and international support. More than 1,000 rehabilitation projects in 23 liberated areas are underway as a result of this cooperation.

Abadi’s approval ratings in Sunni-majority areas are at historically high levels for a prime minister, and he is perhaps the only politician who is able to visit every Iraqi city and receive a warm welcome. He has seen the emergence of a base of supporters who support his nationalist, anti-sectarian stance and are willing to back an ethnosectarian alliance over the traditional identity-based ones.

For all the progress Iraq has made, Abadi faces very serious challenges in the weeks and months ahead. First, as the confrontation over Kirkuk shows, the Kurdistan Regional Government’s referendum on independence has the potential to spark conflict over control of disputed territories. There is a serious threat of intervention by Turkey and Iran, so Abadi must works to defend federal authority over the region, show that the country is not breaking up, and protect Kurdish citizens from conflict.

A second looming challenge is that Iraq continues to rely on oil exports for the vast majority of its revenue; another drop in oil prices could damage the nascent economic recovery. Iraq needs to quicken the pace of economic and fiscal reforms to keep up with its growing population and growth in petroleum demand. Third, the Islamic State’s underground cells may be preparing to launch a wave of terrorist attacks — a development that could lead to a deterioration in security and stoke anger at government failures.

But perhaps the most important challenge facing Abadi is systemic and endemic corruption which continues to ravage Iraq and reverse any gains that are made. Anyone elected president, prime minister, or speaker in Iraq’s parliamentary system must rely on a myriad of parties for the necessary votes. Each party, in exchange, expects ministerial and senior positions to be allocated to it, and then those in power are expected to support their parties through further appointments, graft, and whatever other means of corruption they can get away with. This erodes trust in government and diverts valuable funds and economic gains into the pockets of the ruling elite and their supporters.

Mending these problems would be a formidable task for the strongest governments, but it appears nearly insurmountable given the treacherous state of Iraqi politics. The Iraqi government operates through coalitions made up of enemies and rivals, a recipe that makes progress notoriously slow. There are calls for a technocratic government with Abadi at its head, freeing him to push through reforms, but these are opposed by the major parties.

While he retains much popular and international support, Abadi’s rivals have shown that they will stop at nothing to prevent him from succeeding, going so far as to paralyze parliament and physically occupy it. Iraq’s media spaces, both traditional and digital, give platforms to opponents who spin a mix of conspiracy theories, fake news, and inflammatory rhetoric, portraying Iraq’s ills as caused by a weak prime minister. Even those who are nominally his political allies from the ruling bloc in parliament have harassed his government, purged ministers, and reversed reforms in an attempt to weaken his position. Massive demonstrations in the summer of 2015 called on Abadi to challenge vested political interests, and Ayatollah Ali al-Sistani demanded that he strike corruption “with an iron fist” — but such moves have been met with unified opposition from the political class, who wish to maintain the status quo.

Iraq’s next local and national elections, which are due to be held in April 2018, could bring about a sea change in the country’s electoral landscape. The results could shock the political system, as voters turn to candidates who took part in the campaign against the Islamic State. Abadi will reap some of the rewards from this mood, but so will leaders of the Popular Mobilization Forces, a paramilitary grouping of mostly Shiite volunteers who are largely credited with halting the onslaught of the Islamic State toward Baghdad and the southern provinces in 2014.

Abadi’s greatest advantage in his bid to remain prime minister for another term will be his reputation as a safe pair of hands – and not just with Iraqis. The international community is certainly keen to see the stability he has brought extended for a number of years. As one Western diplomat told me: “We want Abadi to stay on and will do our best to support him.”

But he needs international support, most notably to ease Iraq’s financial distress and improve governance. There is already good progress on the economic front, but more can be done with regards to encouraging foreign investment, debt relief, and increasing trade. The international community should also offer more help to Iraqis to develop their institutions and agencies and most importantly combat and prevent corruption. They can also help promote efficient, democratic local governance in Iraq’s provinces, including the Kurdistan region, and ensure Iraq’s resources are properly distributed and accounted for. This will help defuse tensions over Kirkuk and build more trust in negotiations between federal and local government.

As recent military victories have shown, Iraq can make enormous progress with the right leadership and with international support. The countries that have helped Iraq make great strides in defeating the Islamic State can now help keep the country, and the region, on a path to stability and reconstruction by supporting Abadi’s re-election bid. If Abadi succeeds, Iraq will have a greater chance of succeeding. And that would be the best way of proving that democracy can work in the Middle East.

http://foreignpolicy.com/2017/10/16/haider-al-abadi-is-succeeding-at-the-worlds-hardest-job/
Samson:  The reflection of political crises on investment in Iraq

 17th October, 2017

The member of the Committee on Economy and Investment in the House of Representatives Amer Fayez, the reflection of internal political crises on foreign investment companies in Iraq, calling for a comprehensive economic development policy central to rebuild the infrastructure of the Iraqi economy away from political crises.

Al-Fayez said in a press statement the instability of the political situation will lead to the escape of most of the investment companies in Iraq as they are not risking funds in a country that is unstable politically and security, "He said.

He pointed out that "most of the infrastructure of the state was destroyed because of the precarious and fragile stability of the general political situation and the collapse of cooperation between the government of the Center and local governments and the spread of the phenomenon of administrative corruption and organized gangs and the absence of any economic policy of the state or any clear development indicator to build economic projects service and productivity in all economic sectors As well as the spread of the phenomenon of unemployment and the inability of the private sector industrial to carry out its tasks and role of investment in production, which requires the work of investment companies inside Iraq to restore infrastructure and open the prospects for development among countries and gain experience, but continued Internal political differences negatively affect its work within the country. "

Fayez stressed the need to pursue a comprehensive economic development policy central to rebuilding the infrastructure of the Iraqi economy away from political crises and the elimination of administrative and financial corruption and nepotism.

Al-Fayez also called for a fiscal policy not affected by changes in oil prices, monetary policy linked to a variety of currencies, a customs policy and strict fiscal policy to protect the national industry and encourage foreign investment.

http://aletejahtv.org/permalink/186896.html

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

Samson:  Jumaili confirms the opening of Baghdad International Fair next week

 17th October, 2017

Minister of Commerce Salman Al-Jumaili said on Monday that next week the Baghdad International Fair will be opened at its 44th session, while the exhibition is the biggest economic phenomenon to attract international companies .

"The next week will witness the opening of the Baghdad International Fair in the 44th session with local, Arab and international participation," Jumaili said in a statement read by Trend magazine.

"The exhibition will be attended by more than 18 countries and 300 Arab and international companies," he said, adding that the exhibition is the biggest economic phenomenon to attract international companies and entice them to participate in the campaign of reconstruction and construction after the completion of the liberation of all lands .

The Ministry of Commerce announced earlier on Wednesday (September 20, 2017) the participation of great powers and large companies in the Baghdad International Fair in its 44th session under the slogan ("We liberated our land and with your cooperation") for the period from 21/10 to 30/10 / 2017 .

http://aletejahtv.org/permalink/186925.html

DA CHAT, 17 OCT

kaperoni  Moderator:  Governor of the Central Bank heads to America to attend meetings of the International Monetary Fund and the World Bank

Central Bank Governor Ali Keywords "Economy News"   15/10/2017   Economy News Baghdad:

The central bank announced on Sunday that the central bank governor went to the United States to participate in the meetings of the International Monetary Fund and the World Bank.
 ...
The central bank said in a press statement received by "Economy News", "headed a delegation headed by the Governor of the Central Bank of Iraq on the Keywords to the United States in order to participate in the meetings of the IMF and World Bank during the current week."

He added that "it is hoped to meet Alaak on the sidelines of the meetings a number of central bank governors headed by the Governor of the Dutch Central Bank and the Saudi central bank governor," noting that "there will be a meeting with the Chairman of the Arab Monetary Fund in addition to meetings with a delegation from the Treasury and the Foreign Ministry The US and many of the economic and financial figures. "

http://economy-news.net/content.php?id=9383

Kaperoni  Moderator:  Central Bank participates in the meetings of the International Monetary Fund and the World Bank     Last updated: October 16 - 2017 13:02

Baghdad / Iraq News Network Iraqi Central Bank announced on Monday that the central bank governor went to the United States to participate in the meetings of the International Monetary Fund and the World Bank . The central bank said in a press statement today, NH "A delegation headed by the Governor of the Central Bank of Iraq on the Keywords, to the United States in order to participate in the meetings of the IMF and World Bank during the current week ."

He added that "it is hoped to meet Alaak on the sidelines of the meetings a number of central bank governors headed by the Governor of the Dutch Central Bank and the Saudi central bank governor , " noting that "there will be a meeting with the Chairman of the Arab Monetary Fund in addition to meetings with a delegation from the Treasury and the Ministry of US State Department and many of the economic and financial figures . "   LINK

Chattels:  Iraq's Role in Countering the Islamic State's Finances

Ali Mohsen Al-Alaq   October 16, 2017   Watch a live briefing from the governor of Iraq's central bank on the challenge of combating Islamic State financial activity.

After the Islamic State took over vast swaths of the country in 2014, the Central Bank of Iraq (CBI) moved quickly to cut off financial institutions in IS-controlled territory, blacklist exchange houses exploited by the terrorist group for cross-border transactions, and otherwise isolate it from the international financial system. As authorities push IS out of its core territory, investigating and disrupting its remaining financial networks in Iraq can help weaken its ability to operate as a terrorist organization and insurgency.

To discuss this challenge and the CBI's role in meeting it, The Washington Institute is pleased to host a Policy Forum with Dr. Ali Mohsen Al-Alaq.

NOTE: Only the governor's initial prepared remarks will be on the record and livestreamed. The remainder of the event, including the question-and-answer session, will be off the record.

Ali Mohsen Al-Alaq, the Governor of the Central Bank of Iraq, is a financial expert, policymaker, and academic with three decades of experience in financial management, accounting, and analysis.

Since being appointed as CBI governor in 2014, he has helmed a number of anti-corruption and counterterrorism efforts, including as chief implementer of Iraq's new anti-money laundering and counter-terrorist financing (AML/CFT) legislation (2015) and as a major contributor to the National Strategy for Combating Corruption (2017).

He also heads two national oversight bodies -- the Anti-Corruption Council and the AML/CFT Council -- and is the focal point for cooperation with the Counter-ISIL Finance Group (CIFG).

Video

https://livestream.com/accounts/428806/events/3228633/videos/164373545/player?width=624&height=351&enableInfo=false&defaultDrawer=&autoPlay=false&mute=false


http://www.washingtoninstitute.org/policy-analysis/view/iraqs-role-in-countering-the-islamic-states-finances  
​Chattels:   Washington Institute‏ Verified account @WashInstitute 9h9 hours ago Al-Alaq: CBoI reserves now exceed goals

Washington Institute ‏Verified account @WashInstitute 9h9 hours ago Al-Alaq: #Iraq current-account deficit on track to be eliminated by 2022.

Washington Institute‏ Verified account @WashInstitute 9h9 hours ago Al-Alaq: CBoI determined to retain USdollar peg.

Washington Institute‏ Verified account @WashInstitute 9h9 hours ago Al-Alaq: CBoI has moved from agenda of monetary stability to financial stability & economic growth.

Washington Institute‏ Verified account @WashInstitute 9h9 hours ago Al-Alaq: CBoI has instituted about $20bn in quantitative easing for Iraqi Treasury.

Washington Institute‏ Verified account @WashInstitute 9h9 hours ago Al-Alaq: #Iraq inflation remains very low - less than 1%. GDP growth over 10% in 2016.

https://twitter.com/WashInstitute?lang=en

--It’s the truth I’m after, and the truth never harmed anyone. What harms us is to persist in self-deceit and ignorance." - Marcus Aurelius, Meditations,(VI: 21)


Chattels:  Joel Wing‏ @JoelWing2 9h9 hours ago Oct 16 2012

Maliki removed Shababi after he refused to stop dinar re-valuation Appointed ally Turki as new bank head

https://twitter.com/joelwing2?lang=en

--It’s the truth I’m after, and the truth never harmed anyone. What harms us is to persist in self-deceit and ignorance." - Marcus Aurelius, Meditations,(VI: 21)


Punisher:  I believe this goes on until the 18th. Well according to some reports anyway.
--"The Guilty Will Be Punished"


Chattels: If you watch / listen to the video you will not need any sleeping aide this evening. :)

Punisher:  Good video. Keywords talks everything from the spread to oil prices to the peg with the U.S. dollar....Allak even confirms that "the CBI has removed all exchange restrictions and multiple currency practices".     -- "The Guilty Will Be Punished"

Mike Moderator:  Washington Institute ‏Verified account @WashInstitute 9h9 hours ago Al-Alaq: CBoI has instituted about $20bn in quantitative easing for Iraqi Treasury.

Mike:  This is the CBI printing money: Credit Easing because he said that they are not just printing money to put into circulation, but they are printing money and buying specific assets that seems to be in a logjam and he would use that printed money to buy those assets to get those Markets going.

https://quizlet.com/68576056/finance-quantitative-easing-flash-cards/ )

That combined with this:   CBoI determined to retain USdollar peg.

Mike:  I don't know how the pumpers are going to spin this stuff, it's clear the CBI is printing money and is focused on remaining on the peg and not moving to a float. They need more time to get the legislation passed and the platform created to enable the open market economy.

Mike:  Punisher, Keywords is either a deliberate liar or completely stupid, one or the other. The MCP right now is over 5% and they've just initiated another exchange restriction when they cut the Kurd's off financially.     Stay grounded...