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Wednesday, November 28, 2018

Nov. 7th Live Streaming,

MILITIAMAN TIDBIT, 28 NOV



MilitiaMan » November 27th, 2018

Now look at this receipt below. It clearly shows they have it at the street level too, for food purchases in a cafe.. They are in units of 1,000. My point is not to say that it is one to one, yet. But, they have the methodology in place for when they change the rate with the CBI. It can be done quite easily.

Note: The were effectively ordered to have payment systems in place or you'll have issues with our compliance and your licensing.. They adjusted the tariffs and customs between Erbil and Baghdad too. 

The CBI changing their site to the fractional system they are showing us now ( within 2 weeks) suggests they are or just about are ready to go with the conversion. Applying the REER gets you NEER and PPP!

WE learned that when I brought the Secretary General data in days back now. We had an other article today with the likes of the Secretary General of the Unity Council and also we saw the Arab League States in country for mining projects.

The Secretary General is directly related to REER, NEER and PPP, as would all the member states that are to be within the basket of currencies that Iraq is to be in and at the top of. 

Today they talked about Iraq taking her place at that top of the region where she was in the Glory days, imo.. Yep, they have massive oil reserves and now they say they may very well be the number 1 in the world.

So, while we wait for the cat and camel show seating the legitimate Cabinet we can sleep knowing the process is underway and coming to a rate NEER you.. I think you will see that the math is simple now. They are all either on the same page or will have problems not being..

Compliance departments tend to not go away when your not in compliance!! - lol ~ IMO.. ~ MM

Thanks to GS for the receipt and to his connection to get it for us!! A team effort!



The Council of Ministers requires entities under the supervision of the Ministry of Health to use electronic payment tools

11:04 - 23/11/2018

Baghdad - Mawazine News

The General Secretariat of the Council of Ministers directed the Ministry of Health to instruct the entities under its supervision to use electronic payment tools.

In a statement signed by the Secretary-General of the Council of Ministers, Mehdi Al-Aalak, addressed to the Ministry of Health, "Mawazin News" received a document signed by the Secretary-General of the Council of Ministers:

"We ask you to instruct the entities under your supervision (beauty centers, restaurants, pharmacies, ), When licensed or granted licenses to practice the profession as well as renewal of licenses to practice the profession of the existing entities, the opening of a bank account in one of the banks approved by the Central Bank of Iraq and the use of devices Point of Sale in the collection of electronic payments for services provided by them, Conditions must be a minimum of requirements Compliance during field visits to the inspection bodies.

http://alforatnews.com/modules.....yid=180934

For his part, the Arab delegation stressed "the basic role and the high rank that Iraq occupies economically among its Arab brothers and the countries of the region being the first Arab in terms of oil reserves and the second in terms of export.

It represents the cornerstone and the fertile land for the prosperity of the various investment projects which is a great opportunity for companies aspiring to set up projects in it. "He said. It is noteworthy that Iraq held its first conference on arbitration and settlement of economic and investment disputes in September of 2016 with the support of the Iraqi government in the presence of distinguished representatives of Arab countries.

Thanks to Purifiers for his help too!

TNT: BANK STORY, 28 NOV

TNT:

PhillyPete:  I went to chase today to sell back most of my dong....my banker looked on the screen and said wow I never seen that before....I asked her what. there were 3 different rates categories of rates. 1. HEBTSO RATE 2. MI GOVERMENT RATE 3. STANDARD RATE. they were still low but the fact that it had 3 rates she told me to wait until next to see what happens…. She said that she would call me in the morning after she findes out what HEBBTOS means

PrayitForward:
  Hebtso? Can't find anything like it on google. Wonder what that means. Great news, Phillypete - three different rates. Something is happening there.

PhillyPete:  The funny thing the is that MI rate and STANDARD rate was the same.....the HEBTSO rate was the highest
Paperboy:  HEB - THE GROCERY STORE?   LOL - PROBABLY ONLY TEXANS GET THAT

PhillyPete:  I was selling my dong to buy dinar and that was the rate.....LOL Paper boy....but I thought the same thing we she started talking....but it was HEBTSO…. HEB was to sell 39.64 the other two rates were 39.05

Sadie:  Are all of you selling Dong to buy Dinar?

PhillyPete:  Sadie after my banker told me to hold on to it until next week to see what it will do I'm not selling mine right now…

JSL:  philly Wow, that is interesting. so there was a sense of something happening, maybe next wek giving some clearer direction sounds like

PhillyPete:  So my banker just told me to just hold out until next week so see what happens…. Im not sure if that what she was saying just not to sell it right now because that was something new on the screen… so it just caught her off guard a little….. But I walked out of chase with what I walked in with...lol

MNT GOAT UPDATE, 28 NOV

Hi Everyone,

I bring you much news today.

Upon reading the bulk of the articles now we see the news is all about the final seating of the remaining ministers and the corruption and scandals.

The news media is really playing up the water damage the lot of those dinars from the incident at the Rafidian bank in 2013. Now they want to extend this out to all the dinars stolen by the Nori al-Maliki administration and blame it on a coordinated criminal activity between the CBI governor and Maliki.

There is one flaw with these articles. Ali Mohsen Al-Allaq did not take over the CBI until sometime in 2014.

Meanwhile the CBI has two proxy governors including Abdel Basset Turki, who also happened to be state-spending watchdog the Board of Supreme Audit. So go figure.

Then there was Ali Mohsin Ismail who resigned from the position and was replaced by Ali Mohsen Al-Allaq. In the first few months of Allaq the new prime minister Abadi asked that Dr Shabibi come back and he refused. He did however commit to helping the current director in matters as a consultant. So why are they blaming Allaq for any corruption in 2013 or before?

I happen to personally know a few people who can attest to Ali Mohsen Al-Allaq’s integrity and I would be VERY surprised to find out that he is corrupt. He is one of the most honest men I know and is a perfect fit for the position he is in at the CBI, with some help from Dr Shabibi to mentor him. He does not have the decades of experience that Shabibi had but he is learning and doing a fine job. There are many who don’t want him to succeed as they do not want any watchdog over the Iraq revenue and reserves. These crooked politicians want a free hand to steel anytime they desire. He is an obstacle to the corruption and like Shababi they want to bring him down.

So I would not use this “alleged” past corruption at the CBI for any reason to hold up the reinstatement now. This is moving forward. From all my findings the hold up, if any, would be procedure and executing the mechanisms needed to bring this about. If I were you, I would watch for late December or early January for a reinstatement to occur. Again we are fast approaching that window. Remember in ALL the past recorded, legitimate, possible times to complete the project to delete the zeros and then lead to a reinstatement, it was for the late Dec and early Jan timeframes.

Only you are having a hard time separating these times from all the other false bullshit times these gurus keep telling you. But I am trying to give it straight to you. Are you listening? The Iraqi fiscal financial year begins Jan 1st not Oct 1st like in the western economies. I also showed you proof of this too only many of you just skim over my newsletters and miss the good solid stuff. Too bad! I can not keep going over this stuff over and over again.

The train is already loaded, left the station and is moving quickly down the tracks. The question is – are you on it or are you still just a standing on the platform waiting for the train to come in? I actually had someone ask me so many questions. Then when I told them it was all in my newsletter they said that when they bring it up on their cell phone it is too long and cumbersome to read. I just laughed at them and said …….

“I can bring you the life giving water of knowledge but I can’t make you drink it”.

Obviously they are not concerned about politics in Iraq or the caring for the people of a nation we destroyed by an illegal war. All they want is a date and a rate.

More news….

Wednesday, 28 November 2018

The US dollar is witnessing an unexpected decline against the Iraqi dinar, especially after news that the possibility of lifting three zeros of the Iraqi currency in a process equivalent to the US currency.

Where relevant sources confirmed the decline of the US dollar against the Iraqi dinar after the news, specifically in Iraqi Kurdistan, where the exchange rate of $ 1,196,500.

This decline comes in conjunction with the American interest in buying the Iraqi dinar recently after Trump's statement TO STRENGTHEN THE IRAQI CURRENCY IN PARALLEL WITH THE UNITED STATES.

More news….

Is the Iraqi currency International?

You know I get real tired of these idiot gurus out there who think they know it all. They make me puke. So let me debunk this rumor once again about any VISA or MASTERCARD going international and issued from an Iraqi bank.

First, I will once again define what it means for a currency to be international:

1)for the IMF must recognize the currency under Article 8 of the UN member charter;

2) the currency MUST be tradable throughout the world not just in one area of the globe;

3)the currency, because it is recognized and traded around the globe, it is listed on the currency exchanges, where it is freely traded.

So now let’s look at the IQD (Iraq’s currency). Does it meet all of these conditions? Of course not and we all should be smart enough by now to realize this.

So just because some idiot guru tells you it’s now international because its being used with neighboring countries boarding Iraq does NOT make it international. Get it? It simply means it is being used for trade between these countries as an agreement has been reached.

So just because some idiot guru tells you it’s now international because its being sold and bought at some of the banks in the USA does NOT make it international. Get it? Instead it simply means that the banks are acting just like these internet currency brokers and selling currencies, even though they are not re-listed back on the exchanges. Heck, why not since there is lots of money to be made from all you investors. Way back before the ISIS war these same banks sold and bought dinar and so why didn’t some of these gurus then tell you it was international? So what is the difference now? There is no difference. Just because the banks were kindly asked not to sell dinar during the Iraqi war with ISIS 2014-2017 does not mean that now because they are selling it again makes it international. They are just brokers like all the others until it is reinstated. You can NOT officially now say the banks or anyone is TRADING the dinar. It is still not tradable in the real sense of the international arena. Get it?

Sure I can buy or sell my dinar to my next door neighbor. Does this make the dinar international? I hope you get my point? I hope this FAT man jerk from TNT is also reading this today, as he reads all my newsletters just before he gets on his conference calls. Its just too bad he can’t listen to what I am telling us, as his calls would be much more BENEFICIAL and FACVTUAL to everyone.

Yes, I too can only shrug my shoulder as to why the CBI is holding up the reinstatement. But maybe they are not. Maybe its all the corruption and the only carrot the IMF and the USA can dangle over their heads, is the RV to get them to clean up this Iranian influence and other bastards stealing the countries wealth. Seems Iraq has become one big country of swindlers and crooks.

I also cringe when I hear someone tell you that these damned VISA and MASTERCARDS are also international. No they are not. Yes, they are categorized and subscribed to as an “international card” but this does not give them full capacity yet to be used international. Just because you have a credit card that has this capability does not make it fully functional at the time. Get it? Let me given you an example.

So the Iraq citizens need a credit/debit cards to conduct business when shopping. The CBI has administered this past of the plan to delete the zeros and so they now needed the citizens to have some sort of credit/debit card to coincide with the electronic banking. They can use these cards to get funds to pay the vender with the new POS (point of sale) systems. How else can use these new POS systems? This does not mean they can now take these cards and also use them abroad in their POS systems. In order to do this the banks abroad will need to connect with the FOREX or some global currency exchange to get the current rate for the dinar. It is impossible to use these cards any other way. Get it?

So these Iraqi cards are NOT yet really international yet. At least not yet. But they do have this capability for the future. Many of you may not know that the credit cards you hold are probably NOT international cards. Did you know that?

Since I travel often to neighboring countries I have an international card. But I did not always have one. I tried my other debit card once while in France and it was not accepted in the ATM even though it was an ATM card here in Germany. So I needed to get a special card for this purpose. When it arrived in the mail it was specifically called an “international VISA card” and the bank tacks on an annual fee to use it.

So these rumors of some Iraqi VISA or MASTERCRADS already going international is not entirely true or very honest intel. These people who provide this type of information and sensationalizing the news to hype it all up. They claim to be savvy investors and business men/women so why don’t they know these things them? This is so typical of these gurus. Many of them of course do not verify their intel and just pass on what they think or hear from around the intel circuit. What good are they anyway? Why in hell do you still listen to them?

So any new Iraqi credit or debit cards from VISA or MASTERCRAD is a move in the right direction and is everything we should be looking for now. But let’s not create our own reality until it really happens.

Remember I challenged someone to bring me just one bank statement showing me that an Iraqi debit or credit cards has been used within the ATM to get money. On this statement should also show the exchange rate conversion and where it got the rate. It has been 3 years already since I challenged this and still no one person has come forward. Again no real proof just lip service and rumors from these idiot gurus.

More news….

More critters crawling out from under their RV rocks!

So this idiot Randy Koonce has spoken up again. Yes, he is adding yet 

Another date to archive Sunday, November 18, 2018. Just like his archive date of Friday, August 17, 2018 last time he peaked out from under his rock.

So BREATHE BREATHE......... says Randy…. How can anyone believe this shit?

Oh – but it gets better. This other idiot Foot (in mouth) Forward or Matthew Erickson comes out from under his rock again too. Funny how these jerks come out about the same time. Maybe it’s because they share the same cell at the insane asylum? Did they let they both out for good behavior? Darn… I was wishing for a lobotomies on both of them …. lol... lol… lol

RESTORING THE GREEN ZONE TO PRE-WAR STATUS

Baghdad / News:

The House of Representatives announced on Tuesday its full support for the decision of Prime Minister Adel Abdul Mahdi to open the Green Zone in front of citizens, revealing at the same time the ‘fact’ of the American rejection of the procedures of Baghdad to lift the concrete blocks from the front of the entrances to the green.

The speaker of the House of Representatives Mohamed Halboussi, in an interview with the press, that ‘the Baghdad Operations Command delayed the completion of the opening process, and there is no opposition to the Parliament for the cause of the green Fatah, or afraid of this process at all, but we are supporters and supporters of the green Fatah’.

Salman added that ‘the delay of the opening is a technician from the Baghdad operations, they have a few mechanisms and the size of the opening large lifting of concrete blocks and the opening and cleaning of streets and installed a system of cameras and the erection of traffic signs’.

“He also said that ‘talk about the presence of US pressure to prevent the opening of green is incorrect, the reason is to delay the Baghdad operations according to the reasons I mentioned’.

More news….

THE CANCELLATION OF THE DOLLAR IN TRADE WITH IRAQ.

The Central Bank of Iraq, on Wednesday, banks and exchange companies authorized NOT TO GRANT THE DOLLAR to those wishing to travel to Iran.

A document issued by the Central Bank and obtained "Economy News" a copy, not to grant the dollar currency to those wishing to travel to the Islamic Republic of Iran and possible TO REPLACE THE DOLLAR IN ANOTHER CURRENCY.

The document referred to the contents of the announcement of the president of the Iranian Chamber of Commerce on THE CANCELLATION OF THE DOLLAR IN TRADE WITH IRAQ.

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Formal Articles are below. Due to FACEBOOK limitations they do not print my RED colored fonts or italics, so my comments are in brackets ( ) throughout the articles. I will preface my comments with “Mnt Goat” so you know I am jumping in with observations. Also, I separated the articles with asterisks. 

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

Articles Begin

THE SCANDAL OF THE SINKING OF 7 BILLION REVEALED

(Mnt Goat – this is a must read for everyone interested in Iraq politics and what truly happened during the Maliki years as the prime minister. Why this guy has not yet had a trial and brought to justice is a crime in itself. I guess there are double standards for these bastards in Iraq too as in the USA? This must end and these people must be held accountable for their crimes and it must begin with these people and not future criminals. There needs to be an example set for future generations. It is time for real change. You know….the real problem with this political corruption is that there are laws against it but who makes them accountable and who is left to prosecute them when the entire system is corrupt? This must change and only YOU the people can do it. Certainly do not relay on the politicians to clean up their own corruption)

360 billion dollars evaporated in 8 years of Maliki’s rule with the help of the CBI?

The most important files of corruption: the fall of Mosul and the satellite and the central bank and the sale of the dollar and private banks and oil and armaments.

The 7 billion dinars drowning scandal in Rafidain Bank has not been the scourge of a corrupt political regime led by the Dawa Party for 12 years since Nuri al-Maliki appeared on the surface of political life in Iraq.

But the scandal of the seven billion was the cover that was revealed and pushed everyone in Iraq and abroad to bring back the holes in the files of theft and corruption, inside Iraq over the past years.

Continuing corruption

Transparency International figures show that corruption in Iraq and the official regime have caused the waste of 360 billion dollars of Iraq’s budget in 6 years, more than theft and looting and the seizure of more than 40 billion dollars annually!

At the beginning, in 2007, when Iraq and with the support of the United Nations decided to form a “joint anti-corruption council in Iraq” and then named Mohsen Ismail Al-Alaq, the current Governor of the Central Bank, as its president, 2010-2014 “. And the membership of this Council consists of: the Council of Representatives, the judiciary, the Office of Financial Supervision and the Integrity Commission and the Office of Human Rights and provincial councils, and that the Council is subject to the control of civil society and the media. The beginning of the work may be decided in 2010. Ali al-Alaq occupied between 2006 and 2014 the post of Secretary-General of the Council of Ministers, ie throughout the period that was Nuri al-Maliki as prime minister, and was practically his secretary and approved, which appointed by the governor of the Central Bank Agency and then Asala .

For four years, this Council has not exercised its work and has effectively thwarted the national anti-corruption strategy that the United Nations has contributed to its development.

In 2014, Haidar al-Ayadi, the new prime minister, decided to be chairman of this joint council, and Ali al-Alak would have a membership with other members of the membership. But what happened during the period of the relationship as Secretary General of the Council of Ministers 2006-2014, in addition to his presidency of the Joint Council for Combating Corruption between 2007-2014? The information available on this period in the area of financial and administrative corruption – according to a lengthy report published by Middle East Online – indicates that it was the widest and most corrupt period in Iraq’s current history. “According to the Finance Committee in the Iraqi parliament – the corruption of corruption in Iraq loss of three hundred and sixty billion dollars between 2006 and 2014, as confirmed by Transparency International in the inclusion of Iraq among the worst six countries in the world corruption.

The head of the Finance Committee in the House of Representatives, Dr. Ahmad Chalabi, who died suddenly and is referred to the possibility of death after the statements, the responsibility of the repercussions of the collapse of the financial structure of the country’s former government and the Central Bank and described as “gangs” controlling the market price, The economic period is the period from 2006 to 2014, when Iraq entered $ 551 billion, the government imported a total of 115 billion dollars, and the central bank sold $ 312 billion to the private banks, adding that “the amount that was wasted ($ 312 billion) Critical. ”

POLITICAL PARTIES

Chalabi also revealed that “political parties are pressing the central bank to increase allocations of banks auction for amounts and there are notes within the Central Bank of the names of these politicians from the House of Representatives and the government.”

The former head of the Integrity Commission, Judge Rahim Al-Ajili, also wrote that the thousands of fake and failed projects worth $ 228 billion were deducted from Iraq’s budget.

LINING CORRUPTION

As the head of the former Integrity Commission, Mr. Musa Faraj, points out that the most dangerous types of corruption are “the corruption of the lining surrounding the former Prime Minister Nuri al-Maliki and protecting them, and I said in an interview with Al-Hayat newspaper: The General Secretariat of the Council of Ministers is the focus of corruption in the Iraqi government … And the head of the Integrity Committee in the House of Representatives, which reached through the quota of the notorious, has entered under the mantle of Maliki in a corrupt deal to protect himself and his brother and influential from his party, I was prosecuting cases of theft And the smuggling of accused oil “On the other hand, the Presidency of the Judicial Council was implementing the wishes of the Prime Minister and his unit, while the face of corruption through the Integrity Commission is completed only through the judiciary ..”.

And before the removal of Nuri al-Maliki from the presidency of the Council of Ministers and during the conflict over the office threatened more than once saying, “I have files I will put in the hands of the judiciary for eight years, which I was prime minister and I will announce in court and the perpetrators of the masters and elders and sons of references and officials of Shiites and Sunnis to the courts to take their fair punishment, “I am the son of the first martyr, the martyr, I do not fear, and God is with me and the evidence is with me, God willing.” But Nuri al-Maliki did not put any file in his possession at the disposal of the Iraqi judiciary, and the Iraqi judiciary did not dare to claim these files and not accountable for not Progress Because hiding any file of corruption is considered an active participation in corruption.

The information available indicates that there are many files that need to be opened and submitted to the Iraqi judiciary and the public prosecution to confront Prime Minister Nuri al-Maliki and former Secretary-General of the Council of Ministers, Ali al-Alaq, currently Governor of the Central Bank.

The most important of these files are: THE FALL OF MOSUL, THE SATELLITE, THE CENTRAL BANK AND THE SALE OF DOLLARS AND PRIVATE BANKS, OIL, ARMAMENT, EXPLOSIVE AND WEAPON DETECTORS, MILITARY OPERATIONS AGAINST ANBAR AND FALLUJA 2011, 2011 DEMONSTRATIONS IN TAHRIR SQUARE AND OTHER PARTS OF IRAQ, IRAQI AIRCRAFT IN RUSSIA, A FILE TO RAISE HOSTILITY AND SECTARIAN ANTAGONISM IN IRAQ, AHMED NURI AL-MALIKI.

The truth, experts say, is that this dark period of Iraq’s history must be thoroughly cleaned and that the corruption papers must be rotated with all force. IRAQ IS A COUNTRY AND NOT A SPECIAL PLACE FOR CORRUPT PEOPLE.

But the question is, can Adel Abdul Mahdi’s government do this? Can you deal with corruption?

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

BLAMING THE RAIN FOR IRAQ’S CORRUPTION

The latest scam has Iraq’s parliament investigating how $6 million worth of local currency stored in a public bank were damaged by heavy rains.

Iraq, like many Arab countries, is plagued by rampant corruption at nearly all levels of government. Many public servants, from the policeman directing traffic at the corner of the street to the office of the highest authority in the land, are open to accepting bribes.

Every few years we hear of a new government being formed in Iraq, Lebanon or Jordan, to name but a few, whereupon being sworn in the new prime minister vows to fight corruption. Sometimes there is a cabinet post created with the specific task to eliminate corruption.

That is far easier said than done. There are two basic reasons why corruption and bribery are so common in the Arab world.

This is not to say that people in power in other countries are not corrupt. Just look at the price that the US Air Force was once charged for such banal items as a toilet seat or a coffee cup.

However, nothing comes close to the imagination of corrupt Iraqi officials who in all seriousness can blame the rain. Iraq is a rich oil country but is poor when it comes to services the state can provide to its citizens. A key reason is corruption, a source of unending protests in Baghdad and other Iraqi cities.

In the corruption-plagued country, it appears that even the rain can be blamed for corruption and, some Iraqis say, the rain has a mind of its own, a criminal mind. It can enter bank vaults and steal huge sums of money.

The government’s explanations obviously do not wash — no pun intended. The population has been accustomed to politicians and civil servants at all levels finding their way to public money. When they do not believe official arguments and lose trust in the state, citizens take to the streets or, even worse, they can start seeing the state as their enemy.

Poor citizens in filthy-rich countries cannot be expected to provide their rulers with a vote of confidence when banknotes keep on drifting away with the rain.

The latest scam, because this can be nothing but a scam, has the parliament investigating how $6 million worth of local currency stored in a public bank were damaged by heavy rains.

This case has just resurfaced, quashing hopes among some lawmakers that it would just wash away, No such luck. The case drifted around for about five years but it will not go away.

“At the end of 2013, the vaults of the Rafidain Bank were flooded because of huge rains at the time, damaging the bills that were stored there,” said Ali Mohsen al-Allaq, who was head of the Central Bank at the time. “They were worth around 7 billion dinars ($6 dollars),” he said.

He said the Central Bank printed new bills to replace the soaked ones but, because the money had not been in circulation, the only real “loss” was the cost of printing. Seriously?

“The bank governor said the (damaged) bills were destroyed but that answer isn’t clear,” said MP Hoshyar Abdallah of Kurdish anti-corruption party Goran and a member of parliament’s finance committee.

“We have concerns over how water entered the vault. This is a source of suspicion for us. That’s why we will conduct an investigation into this as soon as possible,” Abdallah told Agence France-Presse.

The issue sparked controversy in Iraq. Corruption, shell companies and “phantom” public employees who receive salaries but do not work have cost Iraq the equivalent of $228 billion since 2003, Iraq’s parliament said.

That figure is more than the country’s GDP and nearly three times the annual budget. Any surprise, then, that the country is ranked by Transparency International as the 12th most corrupt in the world.

I mentioned there are two reasons why corruption takes hold in a country. The first is that people believe they are underpaid for the work they do and therefore help themselves to what they consider their just desserts.

Second, the notion of corruption is so embedded in society that trying to rectify the problem will not work. What authorities should do is give up on the older generations who have been raised with the understanding that nothing can ever be accomplished without bribing someone and concentrate on properly educating the young and future generations.

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

IRAQ’S ELITE INVESTS HOPE IN ABDUL-MAHDI – DESPITE HIS TANGLED PAST

Beyond Iraqi Prime Minister Adil Abdul-Mahdi’s curriculum vitae lies a man seen in various lights by his peers: Indecisive? Moderate? Calculated? Less sectarian? A former Marxist or Baathist? Worldly?

Abdul-Mahdi, 76, inherits a country wracked by four years of war with ISIS, ethnic and religious division, and a battered economy.

“The task is difficult, but easier for him due to his calm, wisdom, commitment to the law, constitution,” says Mahmoud al-Mashhadani, a former speaker of Iraqi parliament. “After the war, we don’t need a political leader with big fans or a military leader. Rather, we need an economist.”

There is an overall sense that although coming from a Shiite party he will be less sectarian and more pragmatic than his predecessors.

“He is approved by all and is loved by all political parties including Kurdish, Arabic Sunni parties. They have a good impression of him. He is also very respected and accepted by the Marja,” says Saadun Fayli, a Patriotic Union of Kurdistan (PUK) Leadership Council member.

Corruption has plagued previous governments; something the United Nations, European Union, and other countries now say they are assisting Baghdad with through initiatives at several levels.

“He is trustworthy and all parties have supported him including the KDP [Kurdistan Democratic Party], PUK, US and other countries. The Shiites also elected him,” says Mustafa Chawrash, a PUK Peshmerga commander.

Abdul-Mahdi’s past shows that he is ideologically flexible. He worked with the right-wing communists after seeing the mistakes committed by the Baathists.

“He was a Baathist in the beginning, and then he adopted a Marxist position which led him to take Marxism to an extreme,” says Arif Tayfur, a KDP Politburo member.

In the mid-20th century many countries faced an internal tug-of-war between right-wing dictatorships and left-wing communism.

“The situation of Iraq was like this at that time. There were communist and Baath parties. There were also some movements. There weren’t too many choices,” says Jalal al-Din Ali al-Sagheer, a former Iraqi MP.

Now, Iraq and the wider region faces religious and ethno sectarianism, wherein nearly every dominant party aligns itself as Shiite Arab, Sunni Arab, or Kurdish in Baghdad.

“I met him in 1961 when he was a Baathist. He was a communist in 1971 and an Islamist in 1981. He is criticized for switching parties. But humans have the right to do so,” says Hassan Alawi, a veteran Iraqi politician and pundit.

Abdul-Mahdi sees it as a normal progression.

“There are no politicians who say something at the age of 20 and that thing stays the same at the age of 60. There are no politicians who said something during an oppressive government or dictatorship to say the same thing when they a partner in the government,” he says.

His predecessor, Haider al-Abadi, was accused by Sunni and Kurdish parties of being inflexible in negotiations.

“There is no one who doesn’t review his stances or doesn’t change his thoughts or doesn’t make mistakes,” added Abdul-Mahdi.

The new prime minister is perhaps most influenced by his father Saeed Abdul-Mahdi al-Muntafiki who was a well-known Iraqi minister and a leading politician in Baghdad and the south. The Munatafikis are the majority in Nasiyirah.

Some of his peers doubt he will be able to reign in the powerful Shiite parties and militias despite his lineage.

“Iraq is in turmoil and full of problems and rivalries. Of those in power at present and in the past, Adil Abdul-Mahdi is more capable than them,” summarized Chawrash

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IRAQI DINAR MAY REPLACE DOLLAR AND EURO IN IRAN’S 2ND LARGEST EXPORT MARKET

Amidst continuing talks between Iran and Iraq over how to settle payments for Iraq’s natural gas imports from Iran in the face of Washington sanctions, Iranian officials are mulling over Iraq’s offer to pay in Iraqi Dinars instead of the dollar or Euro, according to Iranian state media.

This follows the September announcement by Iran that it planned to completely ditch the dollar as a currency used by the two countries in the trade transactions.

Iraq was among countries granted a temporary exemption as energy sanctions on its eastern neighbor and regional Shia ally took effect November 5, and since then Baghdad has pushed to process payments for gas and electricity in its own currency of dinars. Iraq is Iran’s second largest export market with a substantial portion of that trade in energy, which cannot can not easily be structured outside the new sanctions regime.

Baghdad has found itself in the delicate position as a partner of both Washington and Tehran — largely reliant on the former for defense and on the latter for gas and power generation, keeping its economy afloat.

Last summer a severe temporary electricity reduction fueled unrest across the south of Iraq. Chronic shortages and a failing Iraqi infrastructure means Tehran has been a key lifeline fueling Iraq’s increasingly desperate needs.

Iranian officials have also recently declared “Iraq is one of our successes” and a “strategic ally” as echoed in a weekend televised broadcast featuring the head of Iran’s Islamic Shura Council, Hossein Amirabedhaleyan.

However, as the head of the Iran-Iraq Chamber of Commerce Yahya Ale-Eshagh stated before the latest round of sanctions took effect: “Resolving the banking system problem must be a priority for both Iran and Iraq, as the two countries have at least $8 billion in transactions in the worst times,” according to a September statement.

Meanwhile on Monday Iran’s leadership continued making dubious promises that energy exports will defy all expectations and thrive, with President Hassan Rouhani saying US sanctions are “part of a psychological war doomed to failure”.

“We will not yield to this pressure, which is part of the psychological war launched against Iran,” Rouhani said in a speech broadcast live on state television.

“They have failed to stop our oil exports. We will keep exporting it… Your regional policies have failed and you blame Iran for that failure from Afghanistan to Yemen and Syria,” he added as the crowd he addressed in the city of Khoy chanted “Death to America!”.

Noting that Washington had succumbed to granting temporary waivers to eight major buyers of Iranian oil due to economic realities, he explained: “America is isolated now. Iran is supported by many countries. Except for the Zionist regime (Israel) and some countries in the region, no other country backs America’s pressure on Iran,” according to Reuters.

Iranian officials have vowed to stick by the 2015 Iran nuclear deal in spite of Washington’s aggressive attempts to dismantle it. Foreign Ministry spokesman Bahram Qasemi expressed to reporters he is “hopeful that the Europeans can save the deal” in reference to the EU’s attempts to establish a Special Purpose Vehicle (SPV) for non-dollar trade with Iran. European and other foreign business, however, have still been leaving Iran in droves out of fear of US penalties.

“We expect EU to implement the SPV as soon as possible,” Qasemi said. “Iran adheres to its commitments as long as other signatories honor theirs.”

Reuters reported last week, based on statements from six unnamed diplomats, that the EU had sought to establish the SPV by this month but failed as no country is currently willing to host it. This gives new impetus to current negotiations between Iran and Iraq held this past weekend as the Iraqi president visited Tehran on Saturday with a delegation for a series of talks.

Iran’s Ambassador Iraj Masjedi announced over the weekend amidst the high level talks involving Iraq’s President Barham Salih: “Considering the problems that have emerged in dollar-based banking transactions, a joint proposal between Iran and Iraq is using Iraq’s dinar in trade,” according to Iranian state media. He added that an alternative plan might included using barter mechanisms to carry out imports and exports with Iraq.

Following these meetings Iranian President Hassan Rouhani indicated the two neighbors look to increase their annual trade from the current $12 billion to $20 billion.

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

Articles End

Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

Just the FACTS!

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

In ending I want everyone to know your constant prayers in the fight against evil (ISIS) in Iraq have worked. God has guided these young men and women on the battle field.

Let us all now know that there is a new battle now to fight.

A battle to save our homelands from the corrupt politicians who are bent on taking what they want from our current wealth and from future generations without our permission. We must keep praying for the end to the rapid corruption in Iraq AND in the United States.

We must pray for our leaders that they may be anointed by the HOLY SPIRIT and guided by the HOLY SPIRIT to lead us. We must stand by them and let them know we are still there to support them, even after the election is over.

I have composed a prayer that maybe we can all pray today in our own way and until the reinstatement of the Iraq dinar occurs.

PRAYER

“For the Iraqi Prime Minister and the President of the United States, that all their cabinet members, and deputies may be anointed by the Holy Spirit to do God’s will and bring the free democracies of the Republic of Iraq and the United States of America to the much-deserved prosperity and abundance thru justice and freedom from oppression and corruption. That they may be a shining example for the rest of the middle east and to rest of the world to follow.

In the name of Jesus Christ our King and Savior, Amen”

Auf Wiedersehen 

Much love to ya all, 

Mnt Goat

Trusts Unlimited Conference Call

THE BIG CALL NOTES, 28 NOV

Bruce: Welcome Everybody to the Big Call tonight. Let’s first start with Iraq. We typically start there because there always seems to be something else that is required or looking for regarding Iraq. Iraq is important in this. They are not the end all, but they are important in this. We just got word today that tomorrow morning, Iraq is going to put everything in the Gazette which we have been looking for awhile. You remember that. Wednesday is a Gazette day. I would think it would come out in the morning probably around Morning Prayer, maybe slightly before. We have an (8) hour difference between Baghdad and the East Coast. Let’s just say it came out as late as 8:00 o’clock am it would be midnight on the East Coast tonight that it would come out. That would be cool.

Bruce: Also today there were several calls made to Prime Minister Abdul-Mahdi. Actually the calls went to Abdul-Mahdi, Abadi, Aloc (sorry if misspelled), and Barzani. The first call that was made was made by our President. President Trump was the first one to call to congratulate Abdul-Mahdi and the other individuals about everything that is being accomplished and has been accomplished. Also on that call we had Secretary Pompeo, General Kelly, and not sure if we didn’t have one or two other individuals from the Administration on those calls. Not only the US call of President Trump to congratulate Iraq, but also Soviet Union called, China called, Zimbabwe, Italy, Indonesia, and other calls from all over the world to congratulate Iraq for everything going down in their country.

Bruce: I would also expect tomorrow Iraq to be saying “We are ready to do business with the world”. We are looking tomorrow for some form of rate to come out because they are ready to do business on their ISX and ESX platforms. ISX is connected to the Nasdaq, and I think they are ready to go and should have a rate tomorrow. I couldn’t tell you exactly when it is going to post or any of that stuff, but I believe that is really a good sign that we have that coming. We have some of that information actually coming directly from a banker we have in Sulaymaniyah, Iraq through our sources here. I believe that banker is with Rafidain Bank in Sulaymaniyah. It is all good. We are hearing some really good things from there and it is about time because we are all ready. We believe as we talked about before, the in-country rate on Iraq dinar will be a really good rate and we should feel comfortable going in to the exchanges for dinar.

Bruce: Now let’s talk about what else is happening with Zimbabwe. Now we all know the Zim has an inherit value because it is a Bearer bond, and on the note it says it is a Bearer Bond. On the note it says “I promise to pay the bearer on demand”. It is payable because it is a true gold back bearer bond. That is what so beautiful about that. We didn’t really know that when we first got involved in it. Then we realized wait a minute look how many zeros on this 100 Trillion dollar note, or 50 Trillion note, or whatever. Because it is a bond no zeros can come off of it. Now what is happening with the actual Zimbabwe dollar, their currency not the bond, is that it is to be on par with the USTN, our new dollar, United States Treasury Note. That is what they are calling our new dollar. So the USTN is to be on par with the Zimbabwe dollar. That means the same relative value. We knew that a couple years ago. We knew it had been put out from Zimbabwe that their intention was to be on par with the USD. Not only will they be on par with the dollar but also traded as a pair with the USTN. Okay there are 16 main trading pairs on the Forex. This would add a new one which would have USTN on one side and the Zimbabwe dollar as a trading pair. That is what is going down where we should have that in the next day or so. That is very positive and a very positive move.

Bruce: Regarding the rate we are talking about our Zim bonds, those rates have been coming to a point where they will be at a rate of .10 to .11 cents on the front screens, and a dollar on the back screen for the Zim bond. We have heard about high rates, and high rates for years. I haven’t really done Zim rates because they do vary. They go up and they have gone up and gone down. They are trying to get those bonds finally to the point when we hit those numbers I just gave you, that is an indicator we are ready to start. That is an indicator that was given today that we would be ready to go.

Bruce: What we also are hearing today regarding the Tier 4, Group A and Group B. We are in Group B as the Internet Group, the Informed Group. We have had all kinds of numbers to determine how many are in that group. I have been thrown a number as high as 5.5 to 6 million people that are staying relatively informed about these currencies through calls, through reading blogs, and so on. What I am understanding is that the Internet Group which is Group B of Tier 4, is to go virtually the same time as the groups based out West as Group A of Tier 4. We do have a shot gun start and we start pretty much at the same time. We also regarding that we were told this morning at 9:15am PST the Trustees to those various groups were called and told they could begin to pay out their group participants starting tonight and tomorrow. Finally for people that are core or other group members based out west, they are to be starting to paying them tonight and tomorrow. That is a very positive thing for us as you can imagine why.

Bruce: Everything we are hearing on a global scale is telling us Humanitarian funding projects are to be starting to release their funds I believe in particular you have heard of, Landa who is involved in a lot of Humanitarian Projects. I believe they have the go ahead to start releasing some funds. Also the Humanitarian groups that are involved in the Zim those have begun to payout today, and the Zim Platforms I believe are to start paying out tomorrow afternoon. We believe that everything is coming together where the entire Global Reset is about to be released and there are calls that are going on probably now between the big players that are involved in this to determine when exactly the release time is to go. We believe the release time is imminent.

Bruce: There are conference calls going on probably be final calls with some of the Tier 1 Banks tonight as we speak. I think they are trying to tie into what is happening with the market opening in China, in the 9pm to 9:30pm frame tonight. There is a lot of coordination going on as people see a trigger from Zimbabwe or a trigger with Iraq with everything they are doing tomorrow which will be late tonight. I have feeling we are in a position to see a lot of activity over night, and possibly have a wonderful day tomorrow. It is hard to say absolutely. You know what I am saying, but I do believe everything we are hearing is pointing to a release of the GCR of these currencies to take advantage of that in the next day or so. I think what is happening was we did have very good information that we thought it would happen over the Thanksgiving weekend. There was some definite confirmation on the part of some of the parties involved like our President. The fact is it was not released then, but a lot of the things that needed to happen happened, and more clean up on Aisle 3 was involved. I think that we are at the point now everything is set and ready to go. I am very positive more than I have ever been on any call that we are right where we need to be for this to release. Let’s hope that is the case.

Bruce: Thank you Pastor Steven, Bob, and Sue so much for being part of this team. Thank you Big Call listeners everywhere across the globe whether you are listening live or by replay or just reading the call notes which thank God for Pinkroses whom has done a wonderful job transcribing this call, no matter how you get the information that you have listened. Yes, I am still to receive the toll free number for the community, for the Internet Group, the Informed People in the Tier 4 Group. I am looking forward to receiving a call and getting that number and putting that number out to everybody two ways. One onthebigcall.net website and also bigcalluniverse.com which is the new website. We have those two websites, and we will put it out on couple of sites on the net as well. That is really what we are talking about right now. Everybody have a good night’s sleep tonight, and rest up. Think a lot about what has been said over the years, and I think we are position to take advantage of all this and go. With that Everybody have a great night.

THANK YOU BIG CALL AND BRUCE, HUGSSS

DINARLAND HIGHLIGHTS, 28 NOV

Mountain Goat

...I have said over and over again there are multiple steps to this process. The first step deletes the zeros and the second in the reinstatement which should significantly increase the value, the value we all want. At the current 1120 program rate they are worth about $20.75. At a futuristic reinstatement market rate in the USA @ $3.71, 25,000 x $3.71 = $92,750 USD. But this is the second step. Let’s not get ahead of ourselves. You may never even see the first step. Get it. So who the hell cares what happens inside Iraq? What you should be most concerned about is when do you get to go to the bank and if the bank will exchange the dinar for you.

...these notes will not expire (as in a lop) and will carry the new reinstatement rate of whatever it comes out to be on FOREX.
______________________________________________________

David M. Witty

Iraqi Parliament says there will be no vote today on unfilled cabinet positions due to political differences. Vote delayed until next week. Security agencies resist opening Green Zone due to possibility of terrorist attack. New government seen as weak.
______________________________________________________

MilitiaMan (KTFA)

I am of the view...that they are done with the cabinet, Barzani needed to be a part of the Interior and Defense pick... Clearly they had an agenda to hammer things out. Therefore, my view is that they did what they needed during Barzanis' visit to Baghdad (that btw went very well) prior to him going to Saudi Arabia and United Arab Emirates...In my view that the session for today or tomorrow was not an ordinary session. It was more like and extraordinary one, as Mahdi had a 24 hour window that was up Saturday, that got postponed and possibly due to the hammering out of the HCL. We know the oil has been increased and there are clearly agreements that happened to get that increase of recent...we literally watch to see if our view is correct or not.
______________________________________________________

RVAlready (TNT)

...allaq says he is ready to go, and the math has been done a million times over...they could do the RV now, and deal with the rest later…they have had years to get ready... i know it is a new parliament, but they should have arrived ready to do the job at hand…there was an article saying that mahdi was rejecting parliament's attempt to delay...he was going there today.
______________________________________________________

DELTA (KTFA)

...REPORT FROM CBI ...BUY SELL IQD IN IRAQI MARKET....PATTERN CHANGED... 08-Nov 1204- 1200...LAST WEEK; 27-Nov 1194.446- 1193.953 ...THIS WEEK CBI IS SHOWING 3#S ... IMO...GETTING READY TO GO INTERNATIONAL ...

KTFA: DELTA & FRANK26 UPDATE, 28 NOV

DELTA:  http://www.skypressiq.net/

MarkPam:  WOW!!  And this is in their paper???  The jig is up!

Don961:  Week of US Dollar Decline ... Boosts Iraqi Prospects

Special / Sky Press

Amira Al Jaber

The US dollar is witnessing an unexpected decline against the Iraqi dinar, especially after news that the possibility of lifting three zeros of the Iraqi currency in a process equivalent to the US currency.

Where relevant sources confirmed the decline of the US dollar against the Iraqi dinar after the news, specifically in Iraqi Kurdistan, where the exchange rate of $ 1,196,500

This drop comes in conjunction with the American interest in buying the Iraqi dinar recently after Trump's statement to strengthen the Iraqi currency in parallel with the American 

DELTA:   THANK YOU DON ........FRANKIE..... 1-1
....
Tobey777:  Wow!!! I like this article!

MilitiaMan:  Yes, ind deed they are speaking volumes in this one too.! They show fils in the designation of 1,196.500. They are not denying that they are in the process of deleting the zeros, imo.~ MM

Frank26:
    DELTA.......WANNA SEE SOMETHING ELSE THE CITIZENS ARE LOVING TODAY IN IRAQ?

IRAQI DINAR POLITICS & ECONOMY UNCATEGORIZED

The future of the Iraqi currency !!


2018-11-28

The future of the Iraqi currencyDiaa Mohsen

Money, a source and document representing the state, is a symbol and expresses its political and religious system and its own philosophy. In comparison to date writing, documentation across currencies can not be questioned or challenged as a concrete fact and document for a certain period of time.

Humanity has greatly benefited from the history of civilizations through the study of its currencies and their holdings

The discovery of currency is compared to the discovery of printing, as it facilitates the process of exchange between people and traders alike, and the currency is one of the main components of the market; without it, there can be no buying and selling

Before the entry of the British occupation forces in October 1914 was the currency among the people is the Ottoman lira, after which the British occupation authorities introduced the Indian rupee as the currency of circulation, and after independence was established the first council to issue the Iraqi currency in 1931, was linked to the Iraqi dinar in pounds sterling, The July 14, 1958 Revolution The dinar was pegged to the pound and pegged to the US dollar

The Central Bank of Iraq issued a new currency of paper and metal, bearing the slogan of the new Republic. New issues of paper currency were issued in 1971, 1973, and 1978. The Iraqi dinar suffered a continuous deterioration in its value after the Iran-Iraq war began, dropping from $ 3.3 per dinar in 1980 to about $ 4 in 1988.

As a result of the invasion of Kuwait and the issuance of resolutions of the Security Council to impose a blockade on him, and the deterioration of the value of the Iraqi dinar, forced the Central Bank of Iraq to issue currencies that were not traded before, issued banknotes of 50 and 100 dinars, followed in 1995 issued a paper of 250 dinars, The year 2000 issued a cash paper bearing the category of 10,000 dinars, and it is noted that all these categories were carrying the image of former President Saddam Hussein. The citizen carried large packages to buy his simple needs, which do not exceed eating and drinking

After the fall of the former regime, specialists began to think about how to restore the spirit of the Iraqi dinar, and remove the heavy legacy of the Iraqi economy, they began to put the idea of ​​removing three zeros from the current currency

The deletion of zero is defined as a process by which the nominal value of the currency is adjusted due to high inflation and devaluation. Countries such as Brazil, Argentina (South America), Yugoslavia and Poland (countries in the orbit of the Soviet Union) Ireland (for joining the European Monetary Unit), a process different from the devaluation process,

But can such action be implemented? What are the pros and cons of the economic movement in Iraq? Could it really help to reduce inflation rates? Finally, what is the right timing for it?

This process is still controversial in the government and monetary circles, businessmen and specialists. Some believe that doing such a process will lead to more corruption and tampering with public money, because of what is happening in the process of currency change, and it will create a state of chaos and confusion in contracts internally and externally, And that it will not change anything from the fact that the amount of the issued paper will remain the same

At a time when an optimistic team believes that this process will lead to the restoration of prestige of the Iraqi dinar, if accompanied by the improvement of the dinar exchange rate,and the process of calculations in various fields will be less complex and simply

We do not deny that the process of deleting zeros is a necessary and important step comes within the need for the country to the process of administrative reform of the currency contribute to reduce transaction costs and cash transactions in the economic process, and reduce the size of the country’s monetary mass and help to facilitate calculations and reduce the amplification of numbers, if applied Properly and at the right times.

But there must be introductions to that process, including choosing the appropriate time in which the Iraqi economy in a state of stability, and then create the economic environment in a deliberate manner to implement the deletion, and this requires the procedures and financial and banking decisions taken by the financial authority in the country.

The process of replacing those “in the process” will cost the state budget of 172 billion dinars (150 million dollars), which is a large amount is significant, if we add the effort of the banking staff and the time that will be lost by the process of switching, and can not Forget the attempt of the weak souls who will try to profit from that process by all means and methods!

It is true that this process will not have an impact on the purchasing power of the citizen, since the exchange of currency will take place in another currency. There may be some shock in the market as a result of this switch, but it is a temporary shock.

It is not bad to see the experiences of many countries replaced the currency, such as Turkey, which continued its currency exchange for four years, the Turks remained trading the old currency with the new currency until they were all withdrawn from the market without the market confused

The most important negatives that will accompany the process of deletion of zeros is the cash illusion, as the deletion of three zeros from the Iraqi currency will sign the citizen under the illusion of cash, which is the most prominent negative that can affect the Iraqi citizen in the event of deletion of three zeroes of the current currency is a significant effect, This will be the result of colliding with the value of the new currency after the deletion, leading him to believe that the value of its assets has decreased by dividing them on the three zeros.

The Iraqi citizen would like to see his currency strong, so the process of raising zeros will contribute to the revaluation of the currency, and reduce the proportion of demand for hard currency, which is characterized by force, and will lead to a balance between the value of domestic and foreign currency and will give them market power at home and abroad,

It is possible that the value of the Iraqi currency against the US dollar, for example, that the employee who receives 1200 thousand dinars at the exchange rate 1200, the purchasing power of $ 1000 dollars and if the strengthening of the dinar equivalent to 500 dinars to the dollar will be purchasing power $ 2400 instead of $ 1000

BURATHANEWS.COM
DELTA: (Big Smile)

Boxman:   The last paragraph...wowzers...500 dinars = $ 2,400.00 unless my one cell is calculation incorrectly

Thanlor08:  Oh my goodness - all this is missing is some pictures of lower denoms no?! .....and a date

Don961:
   you mean  we are very NEER THE REER ??

Legacy22
:   Now that is Funny Don.  Question, is this saying that 500 iqd could be equal to $2400 usd?  If so does that mean a possibility of $4.8 $ to a dinar?

Boxman:
  Something to ponder...potentially……   last paragraph

1200 dinars = $ 1,000 (       .83 per dinar) Neer
 500 dinars =  $ 2,400 (  $ 4.80 per dinar) Reer...
Just a thought...IMHO, with one brain cell

Forgot to add after lifting of the 3 zeros,,,dang faulty cell

MilitiaMan:  What a GEM this is.. WOW, i'll be worknig on this one besure.. lol Thanks FRANK26 All those relationships about the FILS make me smile! Stock Exchange=Fils, Receipt with Fils, CBI=Fils and now this! No denial! Ta Da Franken DA.. imo ~ MM

IQD CHAT, 28 NOV

chattels   Interesting observation from DP, to wit :

chattels   11-27-2018 *** Dinar Guru News Update *** After a fourteen day delay, the CBI reported the market rate for the Iraqi Dinar from November 14th to the 27th...something is different. Starting on the 14th they began reporting the Dollar Exchange Rate / in IRAQ Markets.

Previously the market rate was reported in the Baghdad Markets. You'll also notice the Official Market Rate listed in the left column of this page now contains 3 decimal places...the previously reported rate did not contain decimal places. Today's 1194.446 reported market rate is the strongest the market rate has been in nearly 2 years.

   https://cbi.iq/news/view/237

chattels     What does it mean, if anything for us, I do not know, but, I think that any such changes are remarkable and worthy of mention and consideration.
​...
​Baxter    In this July 29, 2018 image a man checks wiring to homes on Saadoun Street in the Iraqi capital Baghdad. Photo: Sabah Arar | AFP

BAGHDAD, Iraq — Iraq's broken electricity sector is planning a long-awaited overhaul to both meet US pressure to halt Iranian power imports and head off summertime protests

Baxter   THAT was just five months ago folks

Clay   wow
Clay   slow eh

Baxter   Have they really come that far? I dont think so

Clay   me neither

Zig   Wiring done by "dinard"

Clay   lol

Baxter   Im glad we are all in for the long Haul.... cause its gonna be

Spectra   https://twitter.com/IraqiGovt/status/1067775827956432898--- Government of Iraq - الحكومة العراقية

@IraqiGovt PM @AdilAbdAlMahdi holds his weekly press conference in Baghdad. Watch the highlights here:

Spectra   They are still doing their vetting!
Spectra   Soon they will establish the fully formed GOVERNMENT!

chattels   Reidar Visser @reidarvisser 14 hours ago

#Iraq: Vote on completion of cabinet of PM Abd al-Mahdi has been postponed again, maybe for a week. In addition to Sadrist opposition to Faleh al-Fayadh at interior, Kurds are reportedly in disagreement about minister of justice candidate

chattels   The construction coalition reveals the reasons for the incomplete completion of the resolution of the vacant ministries By Rudao Yesterday at 10:38

chattels   http://www.rudaw.net/arabic/middleeast/iraq/271120182

chattels   Roudao – Erbil   The MP for the construction coalition, Abdul-Amir Taiban, on Tuesday, that the ongoing differences between the political blocs and the lack of agreement on the names of ministerial positions behind the lack of completion of the cabin Abdul Mahdi.

JoeSchmoe   'incomplete completion'....is that the same as sort of definitely?

chattels   said Taiban, "The dispute revolves around the ministries of defense and interior and justice for the failure of the political blocs on the names agreed."

Noting that "8 names are on the job of Minister of Defense while continuing disputes over the only candidate for the post of Minister of Interior Faleh al-Fayadh, while there is a conflict between the Kurdish parties to the post of Minister of Justice."

Taiban pointed out that the next parliamentary session scheduled next week will be decisive on resolving the vacant ministries in the government of Abdul Mahdi.

chattels   JoeSchmoe translation vagaries

Spectra   Kurdistan 24 English.@PM Barzani met @USAmbIraq in Erbil on Tuesday, reiterated support for the new Iraqi government to resolve Erbil-Baghdad issues. Both sides discussed new @Kurdistan government formation talks.

Spectra   Voice of Europe  BREAKING: Italy will not sign UN Migration Pact – Interior Minister Salvini
Spectra   :Thumbs-up Congradulations too the italian people!

Spectra   SOUTHERN EUROPE -  BREAKING: Italy will not sign UN Migration Pact – Interior Minister Salvini
Spectra   yeh' i like this they are standing their ground

Doug_W   Baxter did U see this on FB? Parliamentary movement to legislate a law abolishing the Strategic Framework Agreement

Baxter   no i didnt

Doug_W   K just posted it a few mins ago

Baxter   Doug.... I hope that is not true......

Doug_W   well U saw my reply

Baxter   yep....

Doug_W   that is a crazy place

Baxter   our investment is sinking ... fast

Doug_W   time ONLY will tell

Spectra   ktfa post-SAMSON said (Post #149)

***************************
Of the shareholders of the Iraqi seed distributing profits of 500 fils per share
Iraqi shareholders distribute 500 fils per share 28th November, 2018

The Iraqi Seed Production Company (AISP), listed on the Iraq Stock Exchange, agreed to distribute cash dividends of 500 fils per share

The company explained in a statement to the stock exchange, that the distribution represents 50% of the company's paid capital

The company's current capital is 10.5 billion dinars, distributed over 10.5 billion shares, with nominal nominal value of one dinar per share     500 FILS per share? FILS? WOW!

Spectra   fills!???
Spectra   I CERTAINLY HOPE WE SEE FILS! -----------SOON
Spectra    WAKE UP CALL!
Spectra;   eye roll; ;read; ;:));

Larrykn   hi all, found this on youtube interesting : https://www.youtube.com/watch?v=PeyK7L80MEM       Iraqi Dinar News | Sean Hannity Radio Clip about Dinar

 Woke AF 
http://mercury.postlight.com/amp?url=https%3A%2F%2Fwww.ae911truth.org%2Fnews%2F503-u-s-attorney-takes-first-step-toward-prosecuting-explosive-destruction-of-world-trade-center-on-9-11&__twitter_impression=true

Woke AF   See, I'm not a conspiracy theorist! I'm just woke! I feel so Vindicated right now just want to hug myself! LOL

Baxter    The future of the Iraqi currency !!

2018-11-28   The future of the Iraqi currency  Diaa Mohsen

Money, a source and document representing the state, is a symbol and expresses its political and religious system and its own philosophy. In comparison to date writing, documentation across currencies can not be questioned or challenged as a concrete fact and document for a certain period of time. Humanity has greatly benefited from the history of civilizations through the study of its currencies and their holdings

The discovery of currency is compared to the discovery of printing, as it facilitates the process of exchange between people and traders alike, and the currency is one of the main components of the market; without it, there can be no buying and selling

Before the entry of the British occupation forces in October 1914 was the currency among the people is the Ottoman lira, after which the British occupation authorities introduced the Indian rupee as the currency of circulation, and after independence was established the first council to issue the Iraqi currency in 1931, was linked to the Iraqi dinar in pounds sterling, The July 14, 1958 Revolution The dinar was pegged to the pound and pegged to the US dollar

The Central Bank of Iraq issued a new currency of paper and metal, bearing the slogan of the new Republic. New issues of paper currency were issued in 1971, 1973, and 1978. The Iraqi dinar suffered a continuous deterioration in its value after the Iran-Iraq war began, dropping from $ 3.3 per dinar in 1980 to about $ 4 in 1988

 As a result of the invasion of Kuwait and the issuance of resolutions of the Security Council to impose a blockade on him, and the deterioration of the value of the Iraqi dinar, forced the Central Bank of Iraq to issue currencies that were not traded before, issued banknotes of 50 and 100 dinars, followed in 1995 issued a paper of 250 dinars, 
The year 2000 issued a cash paper bearing the category of 10,000 dinars, and it is noted that all these categories were carrying the image of former President Saddam Hussein. The citizen carried large packages to buy his simple needs, which do not exceed eating and drinking

After the fall of the former regime, specialists began to think about how to restore the spirit of the Iraqi dinar, and remove the heavy legacy of the Iraqi economy, they began to put the idea of ​​removing three zeros from the current currency

The deletion of zero is defined as a process by which the nominal value of the currency is adjusted due to high inflation and devaluation. Countries such as Brazil, Argentina (South America), Yugoslavia and Poland (countries in the orbit of the Soviet Union) Ireland (for joining the European Monetary Unit), a process different from the devaluation process,

But can such action be implemented? What are the pros and cons of the economic movement in Iraq? Could it really help to reduce inflation rates? Finally, what is the right timing for it?

This process is still controversial in the government and monetary circles, businessmen and specialists. Some believe that doing such a process will lead to more corruption and tampering with public money,

because of what is happening in the process of currency change, and it will create a state of chaos and confusion in contracts internally and externally, And that it will not change anything from the fact that the amount of the issued paper will remain the same

Baxter   At a time when an optimistic team believes that this process will lead to the restoration of prestige of the Iraqi dinar, if accompanied by the improvement of the dinar exchange rate, and the process of calculations in various fields will be less complex and simply

We do not deny that the process of deleting zeros is a necessary and important step comes within the need for the country to the process of administrative reform of the currency contribute to reduce transaction costs and cash transactions in the economic process,

and reduce the size of the country’s monetary mass and help to facilitate calculations and reduce the amplification of numbers, if applied Properly and at the right times. But there must be introductions to that process, including choosing the appropriate time in which the Iraqi economy in a state of stability,

and then create the economic environment in a deliberate manner to implement the deletion, and this requires the procedures and financial and banking decisions taken by the financial authority in the country.

The process of replacing those “in the process” will cost the state budget of 172 billion dinars (150 million dollars), which is a large amount is significant, if we add the effort of the banking staff and the time that will be lost by the process of switching, and can not Forget the attempt of the weak souls who will try to profit from that process by all means and methods!

Baxter   It is true that this process will not have an impact on the purchasing power of the citizen, since the exchange of currency will take place in another currency.

There may be some shock in the market as a result of this switch, but it is a temporary shock. It is not bad to see the experiences of many countries replaced the currency, such as Turkey, which continued its currency exchange for four years, the Turks remained trading the old currency with the new currency until they were all withdrawn from the market without the market confused ​
​The most important negatives that will accompany the process of deletion of zeros is the cash illusion, as the deletion of three zeros from the Iraqi currency will sign the citizen under the illusion of cash, which is the most prominent negative that can affect the Iraqi citizen in the event of deletion of three zeroes of the current currency is a significant effect,

This will be the result of colliding with the value of the new currency after the deletion, leading him to believe that the value of its assets has decreased by dividing them on the three zeros.

The Iraqi citizen would like to see his currency strong, so the process of raising zeros will contribute to the revaluation of the currency, and reduce the proportion of demand for hard currency, which is characterized by force, and will lead to a balance between the value of domestic and foreign currency and will give them market power at home and abroad,

It is possible that the value of the Iraqi currency against the US dollar, for example, that the employee who receives 1200 thousand dinars at the exchange rate 1200, the purchasing power of $ 1000 dollars and if the strengthening of the dinar equivalent to 500 dinars to the dollar will be purchasing power $ 2400 instead of $ 1000

Baxter   There.. thats it.. I thought it was quite good

Doug_W   thanks

Baxter   It is possible that the value of the Iraqi currency against the US dollar, for example, that the employee who receives 1200 thousand dinars at the exchange rate 1200, the purchasing power of $ 1000 dollars and if the strengthening of the dinar equivalent to 500 dinars to the dollar will be purchasing power $ 2400 instead of $ 1000

Baxter   THIS PART... THE LAST PARAGRAPH
Baxter    IF THE STRENGHENING OF THE DINAR EQUIVALENT TO 500 DINARS TO THE US DOLLAR.. PURCHASING POWER OF 2400 INSTEAD OF 1000
Baxter    I would like chattels to read this..

Dave   Baxter there goes your dime.......50 cents pieces now?

Baxter    Yep Dave... for sure

Dave    All Hail Guru Bax!!!!!

Foxmulder   Baxter hey there where did ya get that article ?? lotta reading LOL what do ya think ?

Doug_W    foxmulder it has been sent to "Chattels" 4 analysis