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DINARESGURUS.BLOGSPOT.COM_________________ _______

Wednesday, August 15, 2018

IRAQ: Iraqi Trade Bank launches soft loans | IQD Dinar Currency Exchang...

DINAR GURUS UPDATE, 15 AUGUST

8-15-2018   Newshound/Intel Guru David M. Witty   In Iraqi election news, main election winner Sadr's Sairoon Coalition says agreement reached in principle between Sairoon, Nasr, Hikma & Wataniya on forming new governing alliance.  New PM to select new cabinet as he likes without party considerations. 

8-15-2018   Intel Guru Frank26
   Article:  "Analyst: US Embassy imposes itself as guardian of Iraqi government decisions"   Quotes:   "the presence of the American economic team within the embassy came to monitor the financial performance of the government and the extent of Iraq's commitment to the International Monetary Fund.";  "the work of the team in monitoring how to deal with the implementation of the conditions of the IMF is a major breach of Iraqi sovereignty."  HOW MANY OF YOU BELIEVE THE GOAL OF THE USA IS TO KEEP THE IQD AT A PROGRAM RATE?  (Wink)  (big Grin)

8-15-2018   Intel Guru Bruce   [via PinkRoses]   ...We know a lot of our sources are just absolutely quiet between the NDAs and gag orders that are out there.  A lot of it is super quiet. We do have some information here and there.  Rates that we do have or had the last couple of days are very good.  ...As far as we can see the so called John Q Public...the latest timing of that we heard is  August 21st - 22nd...Things are coming together and more and more pieces of the puzzle is coming in and we are able to see the picture now which looks great for us...We are excited... We are just at the point right now where we are ready to go.  

8-15-2018   Newshound/Intel Guru Mnt Goat   Article quote:  "The results of the elections proved that Abadi and Jabouri calls to hold manual recounting of parliamentary elections votes were an attempt to achieve political gains"
...this article confirms what I have been saying all along...That the sorting and recounting is a conspiracy to stall the formation of the government. Now having said this – is this really that bad since they needed to stall due to cleaning out the corrupt officials and to form the strongest alliance.

The Big Call Intell Only With Bruce August 14, 2018

JESTER TIDBIT, 15 AUGUST

[JESTER] HELLO AND HAPPY TUESDAY EARLY BIRDS...
 
[mentoredlife] Jester, I was reading earlier about how Turkey's currency has dropped nearly a third in the last week. With all the global banks being so inter-connected do you see that causing a problem for other nations or major banks?

[JESTER] mentoredlife WELL I HAVE THE REDWOLF ON THAT ONE... WE THINK IT IS THE START OF REVALUING WEAK CURRENCIES WITH LITTLE GOLD OR ASSET SUPPORT... THERE ARE OTHERS GOING ON RIGHT NOW JUST NOT AS PROLIFIC...

[JESTER] THE OPERATIVE WORKING THINKING IS THAT THINGS ARE MOVING ALONG USING OTHER EXCUSES FOR SMOKE SCREEN...
....
[mentoredlife] Thanks Jester. It seemed like a big change for sure. Didn't want to assume that it necessarily was tied to other events though.

[mentoredlife] Jester, cool,    the article I read said the big drop was due to Turkey putting a US pastor in prison, so the US slapped some sanctions on them that caused the currency to drop.

[MotoXR] Jester, Do you think they are starting with the ones that no one will pay attention to and needs the most help first?

[JESTER] MotoXR THEY ARE A LOT OF THEM ADJUSTING OVER TIME SINCE THEY HAVE BEEN IN THE IMF... JUST NO ONE NOTICES BECAUSE THEY ARE LOW PERCENTAGES OVER TIME..

JESTER] mentoredlife I DONT THINK THAT IS THE CASE... TRUMP PUT SOME TARIFFS ON STEEL AND ALUMINUM... PART OF THE SHOW...

[MotoXR] Jester I figured the show was the DNC/DOJ pouring the sauce on MSM sheeple  

[MarySunshine] MotoXR The nightly news I was watching blamed it on Trump, just like Everything that is happening around the world that is negative......

[hoot2602] Jester what about the indictments. Anything new there?

[JESTER] hoot2602 NOT THAT I CAN SEE.. SAME ANSWER...

[truth] Trump seems to have a way to make negatives turn positive for his purposes.

[MarySunshine] truth Yes he does. He is like those inflatable toy figures we used to have as kids that you punch to the ground and it pops right back up.....

[truth] MarySunshine    so true!

[tmorrow1953] Amazing to me that such an ignorant buffoon can have such a worldwide impact and the brilliant elite are chasing their tails trying to figure out what happened

[MotoXR] truth MarySunshine He has always done as he's said. People are so blind by the bs the news puts out they just cant seam to see the truth thru that lil pea inside

[JESTER] MotoXR MAYBE.. WE WILL SEE... WOULD BE GOOD IF THEY CUT IT LOOSE...

You can now EXCHANGE IQD VND IDR for CASH | IQD Dinar Currency Exchange RV

MAILMAN17 TIDBIT, 15 AUGUST

THE AMOUNT OF INVESTMENT IN IRAQ HAS NOTHING TO DO WITH THE VALUE RAISING. THEY ARE NOT GONNA START AT 1190, WITH THE PREMISE THAT LOWER DENOMS WILL COME OUT AS NEEDED.  IF THAT WERE THE CASE NO ONE INSIDE IRAQ WOULD TRADE THEIR DINAR IN OR PUT IT IN BANKS OR INVEST IN THE ISX LET ALONE US AT HOME.  A FLOAT IS IN NO WAY AN OPTION ESPECIALLY WITH ITS EFFECT ON SHARES IN THE ISX.  INVESTMENT WILL COME WHEN THE DINAR COMES OUT AT A STABLE RATE LIKE 1-1 AS PROMISED BY SHABBIBI AND THEN A MANAGED FLOAT TO MAINTAIN INFLATION.  ITS COMING.  THEY HAVE TIPPED THEIR HAND WITH TOO MUCH INFO COMING FROM THE CBI.  A FLOAT FROM 1190 IS NOT AN OPTION. JMHO

IQD CHAT, 15 AUGUST

Chat Room News Excerpts & Highlights Early Tuesday   8-14-18 

Chattels    Sadr recently published 42 conditions for anyone who wants to become prime minister of Iraq – most importantly they are independent. This alone will prevent former PM Nouri al-Maliki from returning to office, and undermines the chances of incumbent PM Haider al-Abadi keeping his job.

Baxter    I will be PM for ONE DAY
Baxter   I will make you all RICH

chattels    Politicians are locked in heated discussion behind closed doors on the formation of the next Iraqi government, as widespread protests against poor services and a lack of jobs rock the streets outside.
Doug_W   get it DUN Bax

Baxter   Dimes will be a flying

Doug_W   not dimes but

Baxter   YES

 chattels    Despite months of talks, no party has succeeded in establishing a coalition capable of taking office.

The front led by Sadr includes Sayirun, Hikma, and al-Watanya. The front led by Nasr is holding discussions with Kurdish parties. Another front, which includes the Hashd-linked Fatih, Maliki’s State of Law, and Fadhila (Islamic Virtue Party), is also in discussion with the Kurds.

The Kurds may well play kingmaker.

Baxter   chattels.. they all need their ** kicked....

Doug_W   that beats the ** out of being gassed Eh "C"?

chattels    “Kurds are an important community in Iraq and should take part in the formation of the government and be partners,” Ali Alaq, an official from Abadi’s Nasr (Victory) alliance, told Rudaw.

Rudaw’s reporter had to pass through three checkpoints to reach the hotel where Alaq had arranged to be interviewed. Dozens of concrete blast barriers remain on Baghdad’s roads.

chattels   It appears that Ali Alaq is no longer State of Law Coalition.

chattels   Doug_W Referring to the Kurds at Halabja under Saddam Hussein ?

chattels    20,000-30,000 IS fighters left in Iraq, Syria: UN report By AFP

http://www.rudaw.net/english/middleeast/130820181

Doug_W   yes "C"

chattels   Abadi responds to the decline of his fortunes in the second term because of his position on Iran

Editorial Date: 2018/8/13 20:05 • http://www.alliraqnews.com/modules/news/article.php?storyid=76673

chattels   Increasingly it appears to me that the US sanctions against Iran are not good for Iraq or our event. 
​Doug_W   they are still going to deal W Iran just NOT in USD

Baxter   I agree..and its going to get worse.... lots worse

chattels   But I am a confessed currency and macroeconomic moron.

Baxter   Iran will pillage the auctions.. till they stop them... maybe thats Trumps plan

chattels   It is always " something " with Iraq, eh ?

Baxter   it sure is... sick of it
Baxter   they already are increasing the sales.... to compensate for the 2% SPREAD

chattels   Baxter And the past few Iraqi bourse reports on the spread were not good.

Baxter   no.. they are not

foxmulder   @5865 923|chattels no surprise there

chattels   This water issue is very bad also.

Baxter   its 108 in BAGHDAD right now... 110 tomorrow.. 113 Thursday.... PURE SUN
Baxter   its another day in DINAR land...

Woke AF   https://twitter.com/christopbay/status/1029357235674210308?s=19

sue    It seems Iraq has a floating rate & Iraq reports stable IQD currency... seems Iraq may have come out 1:1 some time ago & currency exchange agencies are denying it. It seems NDA’s have forced everyone involved to lie. Not sure what the truth is though seeing lots of obvious lies.

Woke AF  chattels thanks for taking a look at that last night, you were right- it lead down a rabbit hole, which took me straight to the guy who tweeted it. I appreciate you~

TNT TIDBIT, 15 AUGUST

TNT:

FullofHope:  Any good news coming in today?

Red:  the investors coming into Iraq on the 21st needs to see the RV is in play so they will lay out 75 billion that Iraq is asking for from them ... just sayin...

blueLingo:  I'm not much for sports but I think IRAQ has got to hold the record for the longest tie game with no home runs, no hits, no one on base and no points.

Harambe:  Bloomberg: The Challenge of Giving Away $1 Billion https://www.bloomberg.com/view/articles/2018-08-14/the-challenge-of-gi​ving-away-1-billion

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Harambe:  Bloomberg: Luxury-Home Sales Boom in Hawaii, With $5 Million Estates U​p 31%

Looks like there’s a market for high-end homes in paradise.

At least 55 homes sold for $5 million or more from January through the end of July on Hawaii’s four most populous islands, up 31 percent from the same period last year, according to data compiled by Hawaii Life Real Estate Brokers.

The market for homes above $10 million is especially hot, said Matt Beall, principal broker at the firm, with 23 sales through July, almost double the 12 sold a year earlier. The four islands are the Big Island, Oahu, Maui and Kauai. Beall said he hadn’t seen so many sales over $10 million in his two decades in Hawaii real estate.

Though Hawaii has long been a second-home destination for wealthy West Coasters, in recent years it has seen a particular influx of buyers from Silicon Valley. On sparsely populated Kauai, the lush, far-flung island where Facebook Inc. Chief Executive Mark Zuckerberg bought a 700-acre estate, deals over $5 million tripled to 15 from a year earlier, according to the Multiple Listing Service data provided by the brokerage.

“You’re not seeing them buy penthouses in Honolulu -- they’re buying vast estates,” said Winston Chesterfield, a director at research firm Wealth-X. “It’s wild, it’s green, there’s ocean, there’s animals. There’s a very strong organic sense.”

https://www.bloomberg.com/news/articles/2018-08-14/luxury-home-sales-b​oom-in-hawaii-with-5-million-estates-up-31
The FBI Says There's Going to be a Huge Bank Heist in the Coming Days

By Hallie Detrick  August 14, 2018

The FBI just warned banks that their customers’ accounts could be targeted by a worldwide ATM hacking scheme.

The attack, known as an “ATM cash-out” or “unlimited operation,” is expected in the coming days, and will likely take place on a weekend or after banks have closed, according to information obtained by the FBI. Hackers will steal data by gaining access to bank systems or payment card processors.

They’ll then alter bank data relating to fraud controls, maximum withdrawal limits, and even the amount of money in each account. Then, using the stolen information, they could withdraw large sums of cash from ATMs worldwide in the space of only a few hours.

The warning was issued only to banks, not the general public, but was publicized by Brian Krebs on his cybersecurity blog, Krebs on Security.

This kind of attack usually targets data acquired from small- and medium-sized banks because they tend to have less security than large institutions. That was the case in a series of attacks on Virginia’s National Bank of Blacksburg over an eight month period between 2016 and 2017. Hackers stole $2.4 million from ATMs around the country in two separate attacks on the same bank. Despite bulked-up security, the hackers managed to access the bank’s network twice through phishing emails.

The expected attack follows a spate of “jackpotting” attacks in the U.S. earlier this year, in which hackers programmed machines to spit out cash at specified times.

http://fortune.com/2018/08/14/fbi-atm-cash-out-heist/

THE BIG CALL NOTES, 15 AUGUST

THE BIG CALL WITH BRUCE TUESDAY, AUGUST 14, 2018, INTEL ONLY
TRANSCRIBED BY PINKROSES

Bruce:  Welcome Everybody do the Big Call tonight. I am going to give you what I am hearing.  

Remember we talked about Tier 4.  That is the Internet Group.

Group B in Tier 4 is the Internet Group.

Group A in Tier 4 are all these various Groups that we use the term groups that are from   out west. There are about 26 or more of these groups in Group A that we are talking about.  Those are being paid since Saturday morning at 7:30am.
That is when they got started. They have about 73% completed as of 10am today.  They are not exactly setting it on fire as far as it goes with timing. They will complete those. When they complete those our start will take place with our toll free number.  So they are in the process. They are moving along, but they are able to do that.

Bruce:  I am sure this whole thing is being timed out to arrive with the completion of that Group A of Groups in Tier 4.  Those should happen right away here. I am thinking they will finish up by morning. I do not know for sure. I am hoping that will be the case.

I know we are expecting some things overnight on the Zim and the Dinar.  Repopulating and coming back on the screens over night. They were there and then they disappeared.  That tends to happen.

We had looks at screens where 95, 96 currencies were changing values, coming up, changing, flashing.  All that stuff has been happening the last few days.  That is good that they have come back and populated. I think the final value of Zim and Dinar is yet to be seen. We probably will see that pretty soon.

Bruce:  Otherwise there were two mega tranches transfers of funds.  You have to understand these were big numbers. Each of these tranches had 58 zeros after the one.  Picture (1) then a  comma then 58 zeros. That is a bunch of mullah.

One came in yesterday morning at around a little after 10 am, and one came in a little after 10pm.  Those need to be distributed to various places all over the globe. Those were happening every hour on the hour.

That money was being moved in position for us.  That procedure is happening and maybe complete or may continue until they are ready to release the toll frees to me. We are looking forward to more news on that.

Bruce:  As far as we can see the so called John Q Public, the Tier 5, the latest timing of that we heard is  August 21st - 22nd. Here tonight is August 14th.  Tomorrow is August 15th.  Who knows.   It could be a great opportunity. We will see.

Bruce:  We know a lot of our sources are just absolutely quiet between the NDAs and gag orders that are out there.  A lot of it is super quiet. We do have some information here and there.  Rates that we do have or had the last couple of days are very good.  We are not worried at all about that.  We are excited.

I will say that the new super computer system, the QFS, the Quantum Financial System, is alive and well.  There is no getting into it.  It is working very well, and doing exactly what it suppose to do .  That system is secured and moving forward.

Bruce:  We are just at the point right now  where we are ready to go.  I think they know we are ready. They know I am ready to receive.  I am looking forward to it.

I would just say make yourself available for this to come thru.  Look forward to it and be prepared as much as you can be this side of the redemption or the exchange whatever you are doing or both if you are doing both.  I think that we are just lined up real well for it.

Things are coming together and more and more pieces of the puzzle is coming in and we are able to see the picture now which looks great for us.

Bruce:  I think that is really about all I have to bring to you tonight.  I am very encouraged where we are and you should be also.  Lets to this, lets continue to believe.

Thank you Everybody, Sue, Bob, Pastor Steven, and the Big Call listeners all over this globe for tuning in the last 6.5 years that we have been doing this call.  I just want everybody to stay strong and faithful for this as we awaken and as we welcome everything coming into us.  Thank you for all tuning in and we will talk to you again when we need to.

THANK YOU BIG CALL AND BRUCE, HUGSSS

NOTE FOR BRUCE AND THE BIG CALL:  THANK YOU FOR YOU KIND WORDS YOU MENTIONED ON YOUR CALL LAST WEEK.  IT TOUCHED MY HEART. THANK YOU.

PINKROSES

Restored Republic via a GCR Update as of Aug 15, 2018

Compiled 15 Aug. 12:05 am EST by Judy Byington

The below is a summary of information from the Internet. It would be up to the individual reader to decide whether or not it is valid. Patience is a Virtue. Having Virtue is a sign of a good moral being. Good moral beings have the power to overcome evil and change the world.

A. Aug. 14 The Big Call, Bruce: Thebigcall.net: 712-770-4016 pin123456#

1.There have been 26 Tier 4 A groups which have been paid since Sat. morning Aug. 11. Those groups were 73% completed as of 10am EST today Aug. 14. When they complete we will get the 800#s.
....
2. Zim and Dinar rates have been repopulating on the screens in the last few days. Their final value was yet to be seen.

3. There were two mega, mega tranches (58 zeros after the 1) that came in yesterday morning and last night Aug. 13. Those would be disseminated all over the globe for our exchanges.

4. The general public of Tier 5 would go around Aug. 21.

5. The new Rates were very good.

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

B. Aug. 14 2018 10:51 am EST: Operation Disclosure: GCR/RV Intel Alert for August 14, 2018 Operation Disclosure

(Disclaimer: The following is an overview of the current situation based on intelligence leaks received from several sources which may or may not accurate. Other confirmed sources may also be included in this overview.)

1.A Cabal MIC-built underground hideout on Ketron Island in Washington State had used a decommissioned Sturgeon-class nuclear submarine re-outfitted with a long range ballistic missile in an attempt to assassinate Trump in AF1 prior to arriving in Singapore before the summit with Kim Jong-un.

2.The Cabal hideout was also being used to facilitate Satanic pedophilia activities.

3. Last Friday’s Q400 flight from the Seattle airport that crashed on nearby Ketron Island was a cover for an aerial attack on the Cabal underground hideout on that island.

4. A F-15 escorted the Q400 in order to attack the Cabal underground hideout.

5. The underground hideout facilitated a submarine dock where the nuclear submarine was being kept.

6. The name of the mechanic who allegedly hijacked the Q400 aircraft was Richard B. Russell. The submarine that Q posted back in June (https://qanon.app/#1479) was the "USS Richard B. Russell", a Sturgeon-class submarine that was decommissioned in Washington State. https://en.wikipedia.org/wiki/USS_Richard_B._Russell_(SSN-687)

7. The image of that submarine was posted right after the photo of the Whidbey Island missile launch (https://qanon.app/#1476).

8. Q Post 1845:
"Autists catch the message?
Think missile.
Do you believe in coincidences?
Q"

9. The decommissioned USS Richard B. Russell had been re-outfitted with a long range ballistic missile that was used in an attempt to assassinate Trump in AF1 prior to arriving in Singapore before the summit with Kim Jong-un. The missile was armed with a nuclear warhead and was aimed to detonate in the ocean below Trump in AF1.

10. The Q400 aircraft was remote controlled to crash directly into the exact location of the underground hideout.

11. The F-15 escorting the Q400 aircraft then used a specialized weapons package to destroy the underground hideout.

12. The crash site was a cover for any smoke or explosions caused by the destruction of the underground hideout. The plane crash also served as a reason for the F-15 to be there.

13. The plane flew in a circular pattern around Ketron Island that resembled a "Q" before crashing.

14. The underground hideout and the submarine were successfully destroyed. The covert operation was successful.

15. The released air traffic audio of the incident was pre-recorded - all an elaborate cover for the covert operation. None of this could be publicly exposed as the public would be flabbergasted about the whole ordeal.

16. No children were present at the underground hideout - used to facilitate satanic pedophilia - at the time of the covert operation. If any children were present, they would've been extracted by Special Forces prior to the operation.

17. Sources claim a back wall date was given for the RV release (rumored to be early Mon. morning Aug. 20).

18. Zimbabwe's bond notes should now be legal tender as banks open globally today, Tuesday, August 14.

19. The release of the RV will be known once the invitations and instructions to exchange/redeem are published.

C. Aug. 14 2018 10:35 pm EST: "All Done Plus One or Two" - The Office of POOFness - 8.14.18

1.They said it is all done and it is.

2. In about 3 days we will be spending money.

3. This is straight from the Banker’s mouth. I got a call from one of the guys high up and everybody was called into Reno on Sun. Aug. 12.

4. The actual RV process has not started.

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

D. Aug. 13 2018 11:05 pm EST Indonesia Ruphia Policy, Iraq Pays Bank Employees with International Dinar: RCE RV News: Indonesian Rupiah Policy, Rafidain Bank Intl MasterCards

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E. Aug. 14 2018 8:41 pm EST Q Confirms, Sierra: "Q Confirms Alliance Plane Operation" by Sierra (NZ) - 8.14.18

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

F. Aug. 14 2018 18:16 pm EST QAnon (video): (Video) Q Anon -- You are Witnessing the Largest Mass Treason Event in History
G. Aug. 14 2018 Summary: Restored Republic via a GCR Summary as of Aug 14, 2018

1. In late March 2018 Trump returned the US to the gold-standard (USN) by reverting Nixon’s Executive Order via introduction of theHR 5404 bill. Public disclosure of the gold-standard (USN) would occur after GESARA was announced.

2. Bruce: The new ISX (replacing the Forex) was opened on Mon. Aug. 4 and trading international platforms.

3. Bruce: Last Mon. Aug. 6 there were mini transfers of billions of dollars to Tier 3.

4. Bruce: Since Mon. Aug. 6 Tiers 3 & 4 were being paid out on the new Quantum System (but not as yet made liquid).

5. The SWIFT monetary system was believed to have ended Aug. 7 internationally, with the new CHIPS system kicking in on Aug. 8.

6. Intel Report: Trump's official signing of the ZIDERA amendment bill was announced Wed. Aug. 8. This meant that all Zimbabwe bond notes would be converted into legal tender (1 Zim Note to $1 US Dollar) and that the RV may now legally begin.

7. TNT: Since Mon. Aug. 6 Mid-East papers have published that the Dinar would be international on Aug. 8. Iraqi generals claimed that they would be paid on the new Dinar rate beginning Aug 8. The Dinar was international on Aug. 8.

8. TNT: We were waiting for announcement of the Iraqi election recount, after which the Dinar rates were expected to change on bank screens and the 800#s released. That announcement has been moved to Aug. 9.

9. On Aug. 9 TNT Chat posted that at 1:45 pm EST Iraqi election results and changes were being announced on Iraqi TV and that Iraq had implemented all 44 recommendations coming from the International Financial Action Organization.

10. Bruce: Lower denominations of the Dinar were available in the US Aug. 10.

11. Intel Report: The RV remained on track to release and could be expected at any moment (ideally between 11:58 PM EDT and 12:01 AM EDT any day of the week). After Aug. 8 there was expected to be movement on the 40,000 sealed indictments filed in federal courts.

12. TNT: On Wed. Aug. 8 authorization was given at the top levels for the RV to be released. That came directly from the UST, Ray: It has been reported to me that “release for all currencies has been authorized.”

13. TNT: Exchanges were taking place on Aug. 9, but those people were not made liquid.

14. TNT: Friday Aug. 10 Iraq ratified their election vote.

15. Poofness: The issues around Bankers doing silly things were done away with Fri. Aug. 10.

16. Intel Report: The Emergency Broadcast System (EBS) interrupted TV in several states around 4 AM EDT on Sun. August 12, 2018. Strange code was reportedly seen on the EBS. This can be confirmed by 3 witness accounts located in different states.

17. Q alluded to 4 "BOOM's" occurring this week in Q post number 1846 - that alerts us to major Alliance activity: https://qanon.app/
'BOOM
BOOM
BOOM
BOOM.
[NEXT WEEK]'

18. Poofness:  Sun. Aug. 12: Intel is that it has started. Tier 3 (royals and elites), done. Tier 4 (the groups) started, not done, but finishing up this weekend and the beginning of the week.

19. Zimbabwe's bond notes should now be legal tender as banks open globally Tuesday, August 14.

20. TNT  : Iraq should have their new official government in place by next week Aug. 20 – 21, which was also the end of their EID holiday. Banks were looking for the new Dinar rates to go active Tues Aug. 14, Wed Aug. 15, or Thurs Aug. 16.

21. The RI, RV and GCR starting with the seven countries, would occur by August 21, the same dates that the banks have heard that the GCR would be completed and become public.

KTFA UPDATE, 15 AUGUST

StephenMac63:  (IRAN)  WITH REGARD TO EARLIER ARTICLES... IMO

This will work in the interm, imo, heres why..... we know the rial is garbage as it holds no real value so they use other currencies instead to continue trade with Iraq because of the sanctions regarding the USD. This is fine to a point. But there are other ways to do commerce with something of value in addition to using foreign currency.

If the Iranian Rial is garbage, how are they going to buy foreign currency? No country will want the Rial. The foreign currency that Iran government does have will be mostly be in............the reserves.

This means Iran will have to deplete the reserves of foreign currency. There is only a finite number of that in reserves until it runs out.....then what?


Well we can safely assume that Maliki has sent over pallets and pallets of both the IQD and the USD, my guess is the USD went to the Mullahs as why would an average citizen have USD since they are dealing with Rial?

So, what do the Mullahs do? They sell the dollar cheaper to other countries in exchange for foreign currency. They can do this for awhile......up to a point.....because the USD will eventually run out......now what? They have a garbage rial worth nothing, they sold all of their dollars, so what else do they have that is wanted by the world?

Two things actually. One being the IQD that former PM sent to Iran on the Maliki Express. The other, I will tell you in a minute.

Why would Iraq do business with Iran in a foreign currency? Well for starters they do have a history together, more like sibling rivalry but still, part of the Middle Eastern Family.

Secondly, it helps the Iraq CBI to build reserves of foreign currency from other countries. IMO, Iraq will be sending products over more than bringing product in....the exporting will be greater than the importing of consumer goods. Iraq will have the upper hand in the balance of import/export trade scale.

This will eventually turn Iran into a primarily importing country because they cant export stuff due to sanctions. Countries that rely on export beg for survival. Look at Nepal, a landlocked country with products but are influenced by Modi in India and by China, those two countries rule Nepal due to geographic elements.

Iran has a world product, oil. But the sale and transfer is going to be difficult due to sanctions. Iran has one last card to play as they have one other item that is well respected and in desire by the world community......GOLD.

IMO, gold will be the last element they will use to complete commerce and this too will only last for a certain time as their supply will eventually run out from the Iran CBI Reserves. Perhaps it will be a very safe bet that Iraq will be the recipient of Iranian Gold to be held in the CBI reserves.

In the meantime, imo, Iran is running the printing presses 24 hours a day to stockpile a garbage currency that is two steps away from compost....at least it has some sort of value.
IMO, of course

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

Don961:  Iraq signs a joint agreement with Iran on the scheduled day to visit Abadi
 
Last modified: 8/14/2018 8:40:06 PM

 Baghdad / Range

On the same day that Prime Minister Haider Abadi was scheduled to visit Tehran before its cancellation, the official IRNA agency said: "Today, a border cooperation agreement was signed between Iran and Iraq in the presence of the commander of the Iranian border guards Brigadier General Qassim Rezaie, Iraqi border guards team Hamid Hamid Ibrahim al-Husseini at the command center guards border in Tehran. "

On the sidelines of the joint meeting, Rezai said that "the two countries are separated by land and water border length of 1609 kilometers, which increases the need for cooperation between them in the border area."

The commander of the Iranian border guards stressed the need to continue the establishment of these meetings to strengthen border security and simultaneous patrols on the border and the exchange of information and experiences and the establishment of joint military exercises.
He added that during the previous meetings, good consensus has been achieved, including simultaneous patrols, exchange of information and expertise, as well as joint exercises to improve border security.

Brigadier General Rezaei pointed to the situation in the region, saying that "in the light of the situation of the region and the great disturbances of sedition imposed on Iraq during the past years, the Iraqi people have suffered a lot of hardships and difficulties."

On his recent meeting with Iraqi officials, Brigadier General Rezai said: "The emphasis on previous consensus and the continuation of some items, as well as the exchange of information on issues such as the evil movements and activities of terrorist groups and the destabilization of security through smuggling and illegal transit, is one of the most important issues at this meeting."

Earlier this week, Abadi announced his visit to Turkey and Iran, and carried out his visit to Turkey yesterday, while retreating from the visit to Iran after the announcement of Iranian officials not aware of his visit.

Prime Minister Haider al-Abadi has announced his refusal to impose sanctions against Iran earlier this month, stressing that it is a fundamental and strategic mistake, adding that Baghdad will commit to protect the Iraqi people.

Washington has imposed sanctions against Iran in several areas, including bank transfers in US currency, metals, aluminum, steel, and others, while energy and oil will last in November.

The United States withdrew from the nuclear deal with Iran in May, and announced the resumption of strict economic sanctions against Tehran, while the Iranian currency suffers a significant deterioration in the exchange rate against foreign currencies.         link

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Samson:  Baghdad sends the salaries of the province for distribution before Eid

2018/8/14 19:13

A source in the Ministry of Finance and Economy of the Kurdistan Regional Government, the arrival of a batch of funds from the federal government.

The source said in a press statement that "the salaries of all employees, including retired civilian and military will be spent before Eid al-Adha." 

He pointed out that "the money arrived from Baghdad, but has not yet been set the date of receipt of each ministry for salaries of its employees, stressing that in all cases, the salaries of all employees will be spent before the Eid."     LINK

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Samson: Duhok is preparing to receive holiday tourists

2018/8/14 20:23
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The Directorate of Tourism in the province of Dohuk, on Tuesday, the arrival of about 70 thousand tourists during the days of Eid al-Adha.

"Most of the tourists from central and southern cities of Iraq, as well as from Iran and Turkey, who make up 20 percent of the population," said Jafar Jaffar, director of planning at the General Directorate of Tourism in Dohuk. Tourists.

"He added that" the Directorate has taken preparations with the concerned agencies to provide the best services for tourists, pointing out that the occasion will provide good revenue for the Kurdistan region. "   LINK
Samson:  The arrest of a gang for counterfeit currency in Baghdad

 15th August, 2018

The Interior Ministry's inspector-general's office on Wednesday announced the arrest of a gang to counter the Iraqi currency in Baghdad.

The office said in a statement received by "Al-Gharab Press" that "the detachment of the criminal investigation of the Baghdad Inspection Directorate, was able to arrest a gang of three people specializing in the forgery and sale of the Iraqi currency."

He pointed out that "the seizure was carried out in the Renaissance area in central Baghdad after the ambush and lure the gang by the detachment of control, and was caught gang wearing the crime of selling 10 million Iraqi dinars forged category (25) thousand dinars." 

He added that "the detachment organized a record of the seizure of fundamentalists and filed the statements of the accused and presented before the eyes of the judge investigating the court Rusafa Khafer, who decided to arrest them on the case to investigate with a view to uncover threads involved in targeting the Iraqi economy."    LINK
Don961:  Levels of economic growth

15/8/2018 12:00 am

Hussein Ali Al - Athari

For nearly a hundred years, two methods of measurement have been used to form an idea of ​​the quality of a country's performance: GDP, which measures the size of a country's economy.

The second is unemployment, but when it comes to knowing how effective a country is in providing services, the tools are not only inadequate but may not be Useful.

Social progress assessment indicators that measure aspects such as citizens' access to education, food and affordable housing often outperform poorer counterparts. "The rich countries have higher social progress," said Michael Greene, executive director of the Social Progress Index. The economic growth of a country is not a bad idea, but what we also see is that social progress is not explained by economic changes, if gross output is not inevitable. "

The follower of the reality of economic growth finds a difference in the ratio between countries, and of course, the matter here depends on several criteria, including the level of wealth possessed by the country natural or human resources and mechanisms to invest in the best way to achieve the highest economic feasibility through proper planning, which brings great results change the reality of the case and move it to A much better stage than they are on him.

Sometimes, in countries that have exclusively human resources, sound planning is invested in trends that contribute to sustainable development. Some of these countries, including East Asia, are economic blocs with a global weight and are important in global economic growth.

Iraq has the wealth and human resources, and confirms statistics for specialized centers that Iraq ranks first among the Arab peoples in the levels of intelligence and occupies the space 26 globally, so we have smart human resources and natural resources in most regions of the country, which can make Iraq ahead of the economy Global.

We need to work towards improving the performance within the local work field, according to plans that prepare for this matter and allow the development of the professional capabilities of the various disciplines, where development is required that includes all sectors in one, because there are great success opportunities in all sectors. For others.

We look forward to witnessing the next stage of creating national expertise that will enhance local performance, and contribute to changing the shape of the national economy to a better stage.   link