http://dinaresgurus.blogspot.ca/2016_04_19_archive.html
TUESDAY, APRIL 19, 2016
Indonesia to Restart Talks on Fewer Zeroes For Rupiah Notes, 19 APRIL
INDONESIA TO RESTART TALKS ON FEWER ZEROES FOR RUPIAH NOTES
JAKARTA—Asia’s second largest banknote may soon slim down by three zeroes with Indonesia planning to resume talks this month to simplify transactions in the middle-income country.
At 100,000 rupiah (roughly $9), Indonesia’s biggest bill is the second largest in the region after the Vietnamese dong. Daily transactions often ring up in millions of rupiah, and bigger figures, such as the country’s state budget or gross domestic product, are presented in units of trillions of rupiah.
That means stores must have cash registers that can handle at least nine digits, while banks’ IT systems must accommodate transactions in trillions or greater. The lengthier the number, the more likely it is for errors to occur, and that requires more monitoring from authorities.
Even before the redenomination was first floated in 2010, some coffee shops, restaurants and stores in urban areas had already started dropping the zeroes. The price of a coffee on many menus in Jakarta, for example, is printed as 25 rather than 25,000 rupiah.
More In Economy & Business
Having fewer zeroes now seems practical for daily shopping or business deals, and yet the public grew concerned when Bank Indonesia first announced its intention four years ago. Many still remember what happened in 1965 when Indonesia devalued its currency from 1,000 rupiah to 1 in an attempt to battle hyperinflation. The move came just a few years after it devalued the 1,000 rupiah note to 100. Within a span of just six years, the rupiah had eroded to one-10,000th of its original value, dramatically weakening people’s purchasing power.
AdvertisementDuring a central bank event Monday, Bank Indonesia Governor Agus Martowardojo promised that dropping the zeroes “will not erode the value of the rupiah.” He then cited Turkey, which trimmed six zeroes from its banknotes in 2005, as an example of a successful redenomination.
Deliberations on the redenomination were put to a halt last year after the rupiah currency fell 21% against the U.S. dollar. At the time, officials said redenomination could only be successful if the country’s macroeconomic conditions were stable. Over the past year Indonesia’s current account deficit has improved and the rupiah has appreciated around 4% against the dollar. Recent elections, which were peaceful, are also likely to usher in more stability – making a redenomination more likely.
But it’s not just pragmatism that is driving the push for fewer zeroes, say some analysts, who point to national pride. Indonesia is the only Southeast Asian member of the group of 20 developed and emerging countries, known as the G-20, where one dollar translates to such a larger number (currently the exchange rate is 11,600 rupiah to a dollar). And that makes its economy look much weaker than its neighbors, such as Malaysia, where one U.S. dollar equals 3.16 ringgit, and even the Philippines, where 43 pesos add up to a dollar.
“Given that the redenomination project can be billed as a matter of national pride, there should not be too much drama surrounding the talks with the parliament,” said OCBC economist Wellian Wiranto.
Parliament will resume deliberations for the redenomination plan later in August before a new round of lawmakers and Cabinet officials take their seats in October. If the bill is passed, there will be a six years transition period put in place to help phase out old bills and allow new ones to enter into circulation, said Mr. Martowardojo. During that transition, both current bills and new bills would be accepted as legitimate forms of payment.
MILLIONDAY CHAT UPDATE, 19 APRIL
He Baidhani in an interview with «morning» that the markets have recently experienced an increase is noticeable reason to the importance of expediting control over price exchange for the purpose of re – dollar rate to a normal level in order to be a factor is a matter of stability.
millionday: NOTE >>>>the markets have recently experienced an increase is noticeable reason to the importance of expediting control over price exchange
millionday: the total dinar exchange rate against the dollar in the early hours of the day and on Sunday 1306.50, while the rate was below that until recently.
He called Baidhani to take strict control measures towards the banking and reduce companies of the Central Bank granted licenses to establish new companies or the imposition of additional restrictions upon being irrelevant to the economy as they seek to profit at the expense of the general situation of the country and citizens alike.
millionday: NOTE — HE IS STATING THAT IT IS TIME FOR THE REGULATIONS TO BE IMPOSED
millionday: Iraq has seen in years relative stability of the exchange rates at 1200 dinars per dollar , but this stability has not It lasted only two years from 2011 to 2013 and then rebounded indicators to emerge in the banking markets , making the private banks take the initiative in coordination with the central bank to cut the dollar and returned to a normal level.
millionday: NOTE — THE RETURN TO A NORMAL LEVEL WOULD BE NICE FOR IRAQ AND ALL INVESTORS — THEY WERE ABLE TO KEEP INFLATION DOWN WITHIN IRAQ FOR YEARS —
millionday: the Baidhani need to put a price to the bottom of the price of the peak in the dollar to be at rates calculated and can be controlled it rather than unleash corporate banking select or impose exchange rate outside of the price fixed by the central bank being not lifted sales of the dollar rate to private banks and corporate banking.
millionday: NOTE — CORPORATE BANKING WOULD REQUIRE THE CALCULATION– SMILE
millionday: under the Iraqi Central Bank Act of March 62 004 , it is responsible for maintaining price stability, and implementation of monetary policy (including exchange rate policies), and the management of foreign reserves, as well as issuance of currency management, and regulate the banking sector to promote a competitive and stable financial system.
millionday: SO THE MOST IMPORTANT WORD IN THIS LAST STATEMENT IS OF COURSE >>> COMPETITIVE —
millionday: HERE WE GO — WHOOOPOW
millionday: Kurdistan Region – Kurdish and US Special Forces killed a top leader of the Islamic State (ISIS) and two of his assistants in a joint operation in Mosul on Monday.
“In a special joint operation during which Kurdish Anti-Terror Forces and American Special Forces landed in the center of Daesh-held territory in Hamam Alil south of Mosul by helicopter, Daesh military leader Salam Abd Shabib al-Jbouri known as Abu Saif and two of his assistants were killed,” the Kurdish forces said in a statement.
Daesh is the derogatory Arabic name for ISIS.
millionday: The operation was carried out Monday, reportedly after careful monitoring and collection of detailed intelligence.
Abu Saif was an ISIS member and previously was the group’s “general commander” in Mosul.
He was monitoring ISIS offensives in Mosul and Makhmour, the statement explained.
millionday: WHOOOPOW
millionday: Rafidain Bank said on Saturday he was the granting of loans and banking facilities to the private sector and other sectors of the national economy.
The general director of the bank on behalf Kamal al-Hassani said in a statement responded to the Twilight News, that the bank was and still is the first supporter of the state and the private sector in the head with forms all banking support for the advancement of the national economy and
millionday: NOTE — HUGE ANNOUNCEMENT
millionday: relied upon a fundamental pillar in the country as well as coverage of foreign funds in exchange for credit and guarantees easy.
He noted that these steps have given the citizens a lot of confidence and commitment to the management of the bank commitments made by his administration since he took.
millionday: SO THIS OBVIOUSLY MEANS THE WORK IS DONE WITH RAFIDAIN — GREAT NEWS
puffdragon: Advancement of the national economy Whopowwow !!!
millionday: LOVING IT !!!
millionday: WHOOOPOW
millionday: HOLD ON TO YOUR HAT
THIS IS GOOD WHOOOPOW
millionday: Iraq holds intensive talks with the International Monetary Fund and the World Bank
It conducted an Iraqi government delegation in Washington DC, with officials of the International Monetary Fund and World Bank process of financial and economic reform in Iraq.
millionday: NOTE — I LOVE ALL OF THAT
millionday: A statement by the Ministry of Finance received / balances News / copy of it, that the delegation “such as Iraq in the annual meetings of the spring IMF and World Bank in Washington, DC, and was attended by the delegation headed by Finance Minister Hoshyar Zebari, economic adviser to the prime minister appearance of Mohammed Saleh, experts of the Ministry of Finance and the Central Bank of Iraq and the Ambassador Iraq in Washington
millionday: WHOOOPOW AT LEAST
millionday: He added, “The Iraqi delegation held intensive technical talks with the IMF team on existing programs to promote the process of the financial and economic reform in the country.”
millionday: He noted that “the delegation also held technical discussions with the World Bank team on development projects and programs to combat poverty and diagnose the symptoms of imbalance in the Iraqi economy and prioritize reconciliation.
millionday: SO AS WE SEE HERE — WE MUST BUY NEW HATS
millionday: I LOVE THIS >>>>diagnose the symptoms of imbalance in the Iraqi economy and prioritize reconciliation.
millionday: I CANT IMAGINE THAT IS HARD — SMILE
cjquade: When Saleh shows, it’s ALWAYS an “appearance” LOL
millionday: LOVE IT !!!!!
millionday: Kurdish officials are in Washington to ensure that the autonomous Kurdistan Regional Government (KRG) receives its share of an estimated $15 billion worth of financial assistance that the International Monetary Fund (IMF) is expected to approve for Iraq.
The KRG’s deputy prime minister, Qubad Talabani, said in Washington that he had received “positive responses” from IMF officials about requests to ensure that Erbil is not left out of the agreement.
millionday: NOTE — KURDISTAN WANTS INCLUDED — AND THEY ARE
millionday: READ CAREFULLY>>>>>“There is a standby agreement that has been drawn up for Iraq and that is hopefully going to be a sizable sum that is going to be given to Iraq,” Talabani said.
“We are also here to talk to our friends at the IMF to ensure that, out of any funds that go to Iraq, our portion in Kurdistan is weighed out,” he added. “We received positive responses” from the officials, he added.
millionday: NOTE — THEY ARE THERE TO ENSURE THAT THE COING FUNDS ARE SHARED WITH KURDISTAN — THIS IS OBVIOUSLY LOOKING AS IF IRAQ IS MOVING FORWARD IN THE COMPETITIVENESS IN THE MARKET —
DR DAVE: Including the disputed territories…art 140.which has been popping up again in recent weeks……lots of oil in Kirkut
millionday: YES AND IT SEEMS THEY ARE DOIN GREAT IN REGAINING CONTROL — THEY HAVE THEIR HANDS FULL THAT IS FOR SURE
millionday: CHECK THIS OUT — CAN NOT IMAGINE THIS NOT BEING GOOD NEWS
millionday: Ali gesture came out investment forum Iraqi Canadian , which was held in the city of Toronto with several recommendations, most notably the willingness of Canadian companies to enter the Iraqi market and the implementation of various projects.
This comes at a time when economic expert Adel Abu loaf expressed the need to strengthen confidence in the investment environment and the definition of all the opportunities and stimulating investment in and promotion.
millionday: WOW — CANADA —
millionday: participated high – level Iraqi delegation at the forum , which concluded yesterday, like him chairman of the national investment Authority d. Sami al – Araji, in the presence of President of the Iraqi Economic Council and representatives of the companies and Iraqi businessmen, as well as the Canadian ambassador to Iraq and the Iraqi ambassador, according to the delegation member Mohammad cat in a statement »Sabah».
He also noted the cat to the presence of many Canadian dignitaries and major Canadian companies and Chairman Ontario government previously, noting that the conference aimed to create trade and investment partnerships with Canada contribute in bringing companies to implement different investment projects in Iraq.
millionday: NOTE — THEY EVEN BROUGHT THEIR PETS
millionday: He noted a member of the delegation to discuss cooperation in the banking sector between the two countries and the financing of projects in Iraq and benefit from the great expertise of the Canadian side.
He said the cat that Canadians are preparing Iraq civilized and deeply country has a great economic power, noting the willingness of Canadian companies and venture capitalists to enter the Iraqi market, in addition to the agreement on the implementation of projects in all sectors, the most important infrastructure, road and railway projects, as well as education.
millionday: for his part, urged expert Adel Abu loaf on the need to follow modern methods and the use of technological techniques according to the guidelines and mechanisms established for that purpose, taking into account the temporal aspect of the application, as well as the adoption of a flexible and uncomplicated work systems.
millionday: WHOOPOW
millionday: READ EVERY WORD OF THIS LAST PART >>>>>>>>> He also stressed the importance of speeding up the financial system , fiscal policy is corrected in the country to serve process investment, leading to correct market conditions and the banking system, to serve the performance of the investment bodies, besides the tax system and make it correct steady and stable, what attracts foreign investment seeking stable tax systems.
millionday: SO AS WE SEE — THE MEETINGS THAT HAVE TAKEN PLACE AND ALSO THE MARKET AND INVESTMENT ATTRACTION IS GREAT
millionday: SOME HAVE SPOKEN OF BAD NEWS OR THE BEST NEWS — BUT LETS LOOK AT THE INK — HMMMMM — NOT BAD AT ALL IN MY OPINION
puffdragon millionday: Tomorrow China to release there new YAUN, wonder if that could be a catalyst of something , just sayin !!
millionday: VERY INTERESTING TO ME TOO — SMILE
Holly1 millionday: do you know why they closed the stock markets down today .. if I am saying it right the xue … and ty
millionday: I DONT KNOW WHY — BUT HAVE BEEN WAITING FOR SOME INK ON IT — IF I GET ANY UPDATES I WILL BRING THEM IN
millionday: THAT IS ALL WE HAVE TONIGHT
Monday WingIt CC Replay with Gerry Maguire, 19 APRIL
Monday WingIt CC Replay with Gerry Maguire
Guests Art. Iko Ward and More……..http://events.instantteleseminar.com/?eventid=83615520
KTFA Monday Night Conference Call, 19 APRIL
KTFA Monday Night Conference Call
Approx. 177 minutes long
The first part is Business Promo and the second part is Dinar/Iraq Intel
PLAYBACK # : 641.715.3639 PIN: 156996#
https://www.freeconferencecallhd.com/playback_rudd/?n=OTQCw/uebcc
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http://dinaresgurus.blogspot.ca/2016_04_18_archive.html
MONDAY, APRIL 18, 2016
BLUWOLF UPDATE, 18 APRIL
BLUWOLF: 4/18/16 UPDATE; listen up – do to political nonsense from the west and the lost of value to the dollar, I was informed that what we are expecting is now delayed till the end of June, 2016.
The current ptb are doing with what is left of there powers to stop that which is now imminent. If I get any changes whatsoever, I will be back and inform you so.
Sorry for the bad news but let me say my final two cents, there is somebody out there talking so much crap that he or she is putting all things and the people behind them at risk. If I find out who you are I can personally guarantee you that you will be looking at doing some time in jail for this disservice to your country and its people.
Now do not test the unknown for it is not healthy. Do not call me for I will not be handling any calls. Be blessed Blu
DINAR GURUS UPDATE, 18 APRIL
4-18-2016 Newshound Guru wmawhite The IMF…told the world that they expect Iraq to enter the world economy market during the 1st half of 2016. …the IMF made those statements back in November 2015 for a reason…and they followed up those statements with the Technical Letter of Intent, signed by the IMF, CBI and MoF. Also, we have seen week after week of progress by the CBI even while the circus events were happening in parliament. This could happen within the next couple of weeks, or months. Either way though, it will happen.
4-18-2016 Intel/Newshound Guru Mnt Goat Article: “The Next Parliamentary Session?” Quote: “Iraqi Parliament Speaker Salim al-Jubouri announced the postponement to Monday of the next parliamentary session that was scheduled for Saturday…” Many of you are…wondering how Jubouri can be making as these recent statements in the news if he has been dismissed as speaker of the house. I can assure you once again that the house speaker and leader Jubouri has not been dismissed. The rumor began simply resulting from a “mock” parliamentary session held on Wednesday by those MPs conducting the sit-in inside the parliament building. It was not a legal session and only the speaker of the house can schedule a session of parliament.
4-18-2016 Newshound Guru OOTW Article: “IRAQ GOVERNMENT COLLAPSE LIKELY AS A RUMP PARLIAMENT CALLS FOR RESIGNATIONS” Abadi sometimes too strongly walks the line of being diplomatic, he’s going to have to emit more protection for his post and stronger insistence for the reshuffle without appearing a dictator…however, to date, i have not witnessed any behavior from him indicating he sees himself as a dictator…the next week will be very intense i think.
4-18-2016 Newshound Guru wmawhite […I…recieved an email from First Liberty National, its where I bought my dinar, The gal I delt with stated as good news was the DINAR is now listed here in the US as a currency, which is a change is it not?] Yes, it is…and I had been told by another investor a couple of months ago that his investment adviser had witnessed some changes within the investment side of Chase Bank. But, concerning your information, yes. Continued good news that is in-keeping with what we are seeing.
4-18-2016 Newshound Guru tlar Article quote: “...called economic academic Dr. Majid Baidhani private banks to cooperate and coordinate with the central bank to curb the appreciation of the dollar exchange rate in the Iraqi market…” The dollar going up against the dinar is just a knee jerk reaction to the political crisis that has been going on. It is a temporary situation driven by fear. Its kind of like gold going up in the world whenever there is a crisis. In Iraq, citizens flee to gold or a stable currency and thats the dollar. The increase will go away as soon as the government crisis has been delt with. When the new government is seated, Iraqi citizens will view the situation as stablized and the dollar will go back down.
4-18-2016 Newshound Guru Backdoc Article: “Completion of registration on central bank loans form and launch a presentation by the end of April” ONE WOULD CERTAINLY EXPECT ARTICLE 8 AND A RATE BY THE END OF THE MONTH IF THESE LOANS ARE TO BE ACTIVE! …JUST A…OPINION NO DATE OR RATE!
4-18-2016 Newshound Guru wmawhite […I BELIEVE MY OWN OPINION THEY WILL DO IT BEFORE THEIR RAMADAN WHICH WILL GIVE THEM A NICE CELEBRATION JUST LIKE WHEN IRAQ GOT RELEASED FROM CHAPTER 7 FEW YEARS BACK.] Ramadan is celebrated inside of Iraq, as with all Muslin countries. A change in the value of the IQD takes place outside of Iraq. When that happens the value of the IQD inside of Iraq is still 1 IQD = 1 IQD…no change. IMO, Ramadan has nothing to do with the eventual change in the IQD.
4-18-2016 Newshound Guru mike Article: “The World Bank suspended aid to Iraq due to the political crisis” … best article for the day. I hope it’s enough to force them to move towards reform.
INTEL FROM ANONYMOUS SOURCE , 18 APRIL
Holoheal: Monday, April 18, 2016
Intel/Rumor New Global Financial System – April 17, 2016
This just in via email from anonymous source.
——– Original Message ——–
Date: Sun, 17 Apr 2016
On Tuesday, 19th April 2016, the Chinese will launch the new gold- backed Yuan (the new Chinese currency). They will simultaneously launch a new Chinese electronic payment system so the current western banking system, called “SWIFT electronic payment system”, will not be able to access and exchange the new gold-backed Yuan.
The SWIFT system will not be able to exchange gold-backed Yuan for any other currency in the SWIFT system; it will only be convertible on the new Chinese payment system. That is why the chairperson of the Federal Reserve in the USA, Janet Yellen, met with Barack Obama this week. You might think that they meet regularly, but the chairperson of the Federal Reserve only meets with the president on issues on national security.
This development which has been several years in the making, and which is now coming to pass, has many implications for everyone on this planet, but especially the people of the United States of America. This new gold-backed currency is likely to be a far more attractive currency exchange and payment system option, as there is an underlying asset backing the currency, whereas the US Dollar is based on debt owed to the banks that is highly leveraged, with little real asset backing.
Already there are 188 countries that have agreed to use the new Chinese electronic payment system that comes online on Tuesday. What this means is that the fiat US Dollar will be replaced as the world’s reserve currency by the gold-backed Yuan. Further, what this means is that countries that have “bought” and held US dollars to facilitate trade will repatriate their US dollars back to the Federal Reserve and demand exchange for their own currencies.
This will hold dire consequences for the Federal Reserve because they don’t hold sufficient reserves to repay all these countries, and the value of the US Dollar will come crashing down. Printing more US Dollars will not assist the US in a US economic recovery, as they did in 2008. This act by the Chinese may be viewed by the USA as an “act of aggression and war” so the US is considering its options in this regard.
Its only real options are a nuclear war with the Chinese, or to accept an “olive branch” from the Chinese to accept the situation and accept the offer from China to back a new treasury issued US Dollar with gold. If the US opts for option 1, it would place the entire US population at grave risk, as well as its allies, and the entire world.
If it opts for option 2 it would mean the end of the Federal Reserve System and the old US Dollar.
If option 2 is accepted, then there will be an evaluation and revaluation (RV) of the world’s currency system. This will require a shutdown of all banks for a few days, or even weeks.
It would also usher in the release of the wealth in the Collateral Accounts, and the World Trust accounts, which will mean a basic income for every man woman and child on the planet, and a forgiveness of all debt (a debt jubilee).
I thought I should explain this, although it might seem a little complicated to understand, for it is best you to know and do not panic. It is transpiring (“trance spriraling”) soon.
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MNT. GOAT UPDATE:“The Next Parliamentary Session?”, 18 APRIL
Title: “The Next Parliamentary Session?”
Hello Everyone,Iraqi Parliament Speaker Salim al-Jubouri announced the postponement to Monday of the next parliamentary session that was scheduled for Saturday. This was due to what he said was a security confusion around the parliament, while sitters of Representatives seeks, they are more than 170 deputies, for a meeting to choose a speaker and two deputies, after their dismissal earlier in the Presidency of the Parliament.
Many of you are emailing me wondering how Jubouri can be making as these recent statements in the news if he has been dismissed as speaker of the house. THINK..THINK…THINK that is why God gave you a brain!
I can assure you once again that the house speaker and leader Jubouri has not been dismissed. There was a rumor spread around once again by ignorant people who jump to conclusions and do not care to spend the time to investigate before they spread around their nonsense. The rumor began simply resulting from a “mock” parliamentary session held on Wednesday by those MPs conducting the sit-in inside the parliament building. It was not a legal session and only the speaker of the house can schedule a session of parliament. The speaker must first also resign and this is simply not the case. I included articles below to give you some idea of how and by whom these rumors where started.
NO Hype, NO Rumors, just the FACTS.
Today’s News
Today is Monday April 18th 2016. YES- and still no RV. Sorry all you Charlies !
Update: 45 Day Deadline for Technocratic Gov’t
Once again let me review the ongoing saga of this process.
So what is the current status of the situation?
Iraq’s powerful Shia cleric Moqtada al-Sadr warned on Saturday he would re-start protests within 72 hours if the nation’s leaders failed to vote on a cabinet of technocrats proposed by Prime Minister Haider al-Abadi to tackle corruption. His warning came as influential politicians lobbied Abadi to modify his plan and appoint candidates of their choice.
Protesters the followers of Shiite cleric Moqtada al – Sadr ‘s movement, civil and currents, yesterday, surrounded the headquarters of four ministries in central Baghdad, to demand that ministers to submit their resignations. It was announced by leading Sadr case of a general horn, in the provinces of Iraq Boqdatha and its environs, and headed toward Baghdad , Sadr ‘s followers, to strengthen the momentum of the protests taking place in the capital , Baghdad.
We know that over the weekend the USA has “suggested” it may use force if necessary to keep peace in Baghdad as USA troops are stationed in the green zone along side Iraqi security forces. We also know that talks with Iran over an agreement not to interfere and instigate any dismissal of the three presidents or the completion of the Abadi reforms. We know that Nuri al-Maliki met with Brett Macgork envoy of USA President Obama and with president Masum in Baghdad to discuss the same.
Prime Minister Haider al – Abadi, today (on Monday), called on parliament to convene immediately to overcome the obstacles and to contribute to developing solutions to the challenges facing the country.
According to a statement to the Office of the Prime Minister Haider al – Abadi he said: ‘We are confident that Iraq will emerge from crises stronger than it was and are optimistic of a better future for our people and our nation Aziz’.
We await any further news. I do not yet know if a session of parliament was conducted today.
Article Begins
AL-MALIKI ACCUSED OF PLANNING FOR AL-JABOURI’S REMOVAL FROM OFFICE
Iraqi soldiers patroling around the governmental building in Hit, Anbar after freeing it from ISIS militants, A.F.P
Baghdad- Ahmed al-Masari, chair of the Iraqi Forces Alliance party- the greatest parliamentary representative for the Sunni people in the Iraq – considered the protest staged by the ministers for removing parliamentary spokesman Salim al-Jabouri and two of his party ministers from office, a clear-cut attack against the Sunni representation in authority.
Al-Masari also accused the former Prime Minister Nouri al-Maliki and his party for standing behind the protest. He also reaffirmed that the Iraqi Forces Alliance will not accept al-Jabouri’s resignation from heading parliament, stressing that “the removal from office was induced by illegal and unconstitutional influence.”
Taking it a step further in the fight against the current Iraqi Prime Minister Haider al-Abadi, protesting ministers refused to abide by the calming speech given by him and listen to his warning against the chaos which could result from the parliamentary premiership committee being forced to resignation. The ministers’ refusal is heading towards withdrawal of trusteeship shared with al-Abadi.
Hundreds of Iraqi protestors demonstrated in the middle of the Liberation Square, Baghdad as to demand removing current authoritative premierships (legislative, executive and presidency) from office and to rectify the political process via forming a technocratic government and fighting managerial and financial corruption.
The United Nations Assistance Mission for Iraq (UNAMI) called for the Iraqi leaders to have constructive discussions which would solve their disputes. Georgi Posten, assistant head of the UN Assistance Mission for Iraq, said that the crisis threatens to dismantle and paralyze governmental institutions and to break down national unity, at a time all efforts should be focused against fighting ISIS, establishing reform, reviving the economy and reactivating governmental performance.
Article Ends
Article Begins
JUBOURI: WE WILL NOT ALLOW THE ENEMIES OF IRAQ KIDNAPPED A NATIONAL CONSENSUS ON REFORM
Saturday, April 16, 2016 –
Chairman of the House of Representatives demanded in a speech addressed to the Iraqi people on the need to sustain the dialogue and not allow the interns stressing that he would not allow the enemies of Iraq kidnapped a national consensus on reform.
Below is the text of his speech also received from the office: In the name of God the Merciful and the rope of God, not divided among yourselves, and remember God’s grace be upon you as you were enemies, and He joined your hearts grace brothers great truth of God, little of the great Iraqi people have sacrificed and you gave thousands of martyrs price for the stability of Iraq and its security and sovereignty, and still our heroine facing the enemy Daash on the fighting fronts and achieved great victories quality, as well as we face difficult circumstances difficult economic and needing to solidarity and coming together, and we were and we still believe that Iraq is the most precious of all the details of personal and partisan and sectarian nationalism is the tent that brings us together and unites us.
Dear protestors and demonstrators of the sons of the great Iraqi people have we move together to achieve the reform that we agreed upon to complete, we will not allow the enemies of Iraq kidnapped this national consensus through the erosion of trust between the political and popular events and try to find a chance to pass the foreign projects that harm Iraq and its future also emphasize the greatest of respect to the opinions of my brothers in the House of Representatives who have the opinion is respected, and based on this great value I’ve seen to delay meetings of the Council formally invite all the political blocs and sages who are keen on the future of the political process, which is the future of Iraq to maintain the dialogue in the coming days and reach solutions to the country out of the bottleneck, and then there will be a curriculum cacophony of talking about parliaments or two destinations or Khandeghin, but is the only one of the Iraqi parliament, which represents the legislative and constitutional authority in the country, which does not want its convening unless we were together on the word, and the expectation that it the Iraqi people to provide solutions not problems to come back this council active as it was in the last two years of the life of this session, wishing everyone carry higher national responsibility. God save Iraq and Iraqis God Save the splendor and glory of Iraq and peace and God’s mercy and blessings
Article Ends
Article Begins
MALIKI WILL MEET WITH OBAMA’S ENVOY IN BAGHDAD
Friendly
BAGHDAD / Sky Press: Areej al-Taie
A source familiar with the matter Saturday, a meeting of Vice President Nouri al-Maliki with Obama’s envoy in
Baghdad.
The source said in an interview with “Sky Press,” that “Nuri al-Maliki met today with Brett Macgork envoy of US President Obama in Baghdad to discuss the latest political developments in the country.”
The Macgork had met with President Fuad Masum in Baghdad yesterday evening, has been discussing the last of the current political developments in the country, as well as confirmation of the United States for its support and assistance to Iraq.
Through the special envoy of US President Barack Obama for the management of the international coalition to fight al Daash US concerns about the political situation in Iraq.
Obama ‘s envoy arrived Brett Macgork to Baghdad to meet with senior political leaders and discuss the current political situation in the country.
Article Ends
Update: Needed Laws
Remember there was supposed to be a “basket” of laws voted on in the next parliamentary session. The next session, as the news told us, would be Tuesday 4/12 but this did not happen. Then pushed to Thursday and then Saturday and again these sessions did not happen. So a couple of the recent sessions have been postponed due to lack of quorum as we still wait to hear about today’s session (Monday). Due to the political crisis with the cabinet reshuffle it maybe postponed again. It is my opinion they will not get around to this vote on these new laws for at least a couple weeks or until the dust settles from this political crisis.
Update: Economy of Iraq
Article Begins
[Oan- Baghdad]
Search an Iraqi government delegation headed by Finance Minister Hoshyar Zebari , who is visiting the US capital Washington , currently Iraq ‘s debt and improve its credit ratings.
A statement by the Ministry of Finance Agency has received all of Iraq a copy of it, that “In the framework of the participation of the Minister of Finance in the spring meetings of the International Monetary Fund and the World Bank Group, he met with the Office of Cleary Kutlb law firm and in charge of following up Iraq ‘s financial and legal issues were reviewed the latest developments related to financial markets the follow – up to the positions of creditor countries of Iraq outside the framework of the Paris Club agreement and how it is processed under the current financial conditions. ” the delegation also met” with Dan Zeljko Assistant Director of the total JP Morgan financial and discussed appropriate ways to enter the capital markets and obtain financial support in light of the financial situation current international.
Finance Minister in a meeting with credit rating agencies opportunities to improve the classification obtained by Iraq during the past year, the first time in the history of Iraq , who gets it on a credit rating from international agencies enjoy a high reputation in international markets.”
The Minister financial Hoshyar Zebari arrived in Washington DC on Thursday evening at the head of a delegation that included Advisor to the Prime Minister for economic Affairs and experts from the Ministry of Finance and the Central Bank to participate in the spring meetings of the international Monetary Fund and World Bank Group.
He met with the Iraqi delegation on Friday morning Bchristaan Jooz director of Iraq ‘s office in IMF international experts traveling with him to look at the existing relations of cooperation between Iraq and the Fund that Iraq sought to overcome the financial its crisis and the possibilities available to the Fund to provide financial and technical support him in this area and in particular in the field of the order of Stand -By the delegation also held a series of meetings with officials of the IMF and World Bank to discuss ways to increase support for Iraq in the reconstruction of liberated cities.
Article Ends
So it appears Iraq has made a decision to issue bonds as solving project financing crisis and obtaining the contractors salaries and suppliers for their entitlements. They await further instructions from Abadi’s cabinet in the next few days.
If you remember also in the recent days the IMF strongly suggested not paying out any more from the CBI reserves for this purpose as the reserves were getting already dangerously low. The other 2 options suggested they might use part of the 15 billion dollar load from the IMF or issue Iraqi bonds but it appears they have decided to issue bonds.
In my news letter on Monday I stated the pros and cons of issuing bonds and what it will lead to. We know this is a very short term solution, if the contractors will be even willing to accept bonds in lieu of USD for payment.
Article Begins
Long-Presse / Dhi Qar
Description governor of Dhi Qar, Yahya Mohammed Baqir al-Nasseri, on Sunday, the Cabinet decision to issue national bonds to pay dues Contractors as “good,” while the most likely solution near the stalled project financing crisis as a result of the financial crisis.
Said Yahya Mohammed Baqir al-Nassiri said in a statement received (range Press), a copy of it, that “the Cabinet’s recent decision on the issuance of national bonds to pay dues of contractors and suppliers owed by institutions and government departments a good decision,” noting that “this decision would support the work of companies and help them to resume work on the stalled projects by the financial crisis.
He said the Nazarene, that “the administration of the province waiting for instructions from the Prime Minister’s Office on the implementation of resolution mechanism to be implemented directly,” expected “and the arrival of the instructions in the next few days.”
He favored the governor of Dhi Qar, “solving project financing crisis and obtaining the contractors and suppliers for their entitlements in accordance with the decision,” he said, adding, that “the aide planning affairs in the province and deputy governor for technical affairs at the follow-up to an ongoing mechanism workflow projects.”
The document issued by the Office of the Prime Minister Haider al-Abadi, revealed on Monday (April 11, 2016), that the crisis cell and directed the Ministry of Finance and the Central Bank to issue national bonds to tackle entitlements companies contractors, document noted that the annual interest rate for these bonds amounting to 5%.
The Central Bank of Iraq, on Sunday, (April 10, 2016), the approval of a cell of the financial crisis, headed by Iraqi Prime Minister Haider al-Abadi, to issue bonds to pay dues of contractors and suppliers on the state institutions, as he emphasized that the bond is a guarantee for loans at full face value, he noted to the possibility of deducting those bonds in banks or sold in the market.
The estimated number of projects that have stopped as a result of the financial crisis in Dhi Qar province, 444 projects spread over 22 sectors Khaddmaa and developmentally.
The management of Dhi Qar province, confirmed on Saturday (January 16, 2016), to stop the movement of projects to maintain economic and trade joint malfunction and cause a decline of employment opportunities, and demanded that the Council of Ministers to “address the stalled projects crisis.”
Article Ends
Update: Fighting ISIS
Article Begins
DAASH LEADERS FLEEING MOSUL IN POSSESSION OF LARGE AMOUNTS OF MONEY
Balances News
04/17/2016 17:49 pm (Baghdad time)
Security sources reported that the leaders of al-Daash fled the Iraqi city of Mosul into Syria, with large amounts of money and property.
The sources pointed out that “the so-called Sheikh Osama, the chief of operations in the organization Daash near Mosul Dam, has fled to Syria with a large amount of money.”
It was also pointed out that “the commercial director of the office of Daash known as Abu Hazim is the other had fled from Mosul with a large amount of cash and others like Abu Omar did and Abu Hajar two Kiedian prominent in the organization also had fled from Mosul and possession of big money.”
In a related development, it is early in the month of March, a senior lawmaker Ahmed al-Jubouri revealed station FNA that the terrorists Daash were fleeing from the city of Mosul to the Syrian border, while joint operations to Iraqi forces in the provinces of Anbar, Salahuddin began to prepare to attack Mosul.
(Today, Iraqi aviation dropped thousand of leaflets over Mosul)
Article Ends
Most importantly please, please, please let’s not forget to keep praying for the success of THESE IRAQI AND COALITION SOLDIERS. I believe our prayers are in part some of the acceleration of the process we are now witnessing. Even though we may not hear much news about the fighting, I can assure you it is still ongoing and not yet resolved. Mosul is not yet fully cleared of ISIS.
Remember too to pray to the princess of peace – Our Blessed Virgin Mary. She has the ear of Christ and she can intercede in heaven and bring us the peace we all desire here on earth. We can not do it alone. I believe that if we all make this our daily prayer you will see change. It is already working even in the short time since I have been publishing this prayer section. It does not matter what religion you believe, if you pray then to your oven beliefs entity it is still the same powers and good for all of mankind. Ultimately it is all the same God anyhow.
“Lord, protect Abadi and all who stand with him in righteousness, the Iraq and coalition soldiers who are fighting the good fight against terrorism, that they would be shielded from the enemy and would be victorious against them in the battle for Mosul! We ask that the victory comes swiftly and healing of the Iraqi peoples and all whom have been effected by these evil doers can begin!
We pray for the swift reconstruction efforts of the bombed out areas once held by the enemy and that peace may prevail in Iraq;
We pray for the speedy process of all reforms against gov’t lead corruption and that all those responsible in the past are brought to justice;
We pray for currency reform, the full implementation of the Iraqi economy to full international status and the bringing of prosperity and wealth to its people“ Amen!
Till next time…. Auf Wiedersehen!
Peace and Luv To Ya All,
Mnt Goat
BEAMERS INTEL FROM WINGIT, 18 APRIL
Beamers: Good Morning >>>Zap, Sunday night… THIS AFTERNOON I GOT A CALL FROM THE EUROPE ROYALS TELLING ME THAT ALL IS SET FOR THIS WEEK WITH THE FIRST RELEASE IN THE NEXT DAYS.
Jed54: Info from Tank 4/17/16 in Chat, 18 APRIL
WINGIT
Jed54: Info from Tank 4/17/16 in Chat
FOLKS, I’VE SOME NEWS FROM TANK, THAT GERRY SAYS TO POST: DO YOU WANT IT?
OKAY, HERE IT COMES, STOP POSTING SO YOU GET IT ALL .. AND DISCERNMENT EXCERSIZED, OKAY? IT’S ALREADY OUT THERE, BUT HERE IT COMES TO THIS ROOM:
1) SHABIBI HAS BEEN RETURNED AS THE HEAD OF THE CBI
TANK 2)THREE IDEAS YOU NEED TO REMEMBER DURING YUR EXCHANGE: BE SURE TO MENTION THAT YOU HAVE “PROJECTS” AS IN, YOU HAVE A VISION FOR HOW TO IMPROVE HUMANITARIAN AND THAT IS ONE OF THE THINGS YOU WANT TO SPEND YOUR MONEY DOIN
TANK 3)THE SECOND IDEA IS “PARTNERSHIP”-AS IN, YOU WILL BE WORKING WITH THE BANK AS YOUR PARTNER RESPECTING THEIR ADVICE, AND UTILIZING THE SERVICES THEY OFFER
TANK 4) THE THIRD IDEA IS LONGEVITY, AS IN YOU WILL HAVE A LONG TERMN RELATIONSIP WITH THE BANK AND BE WILLING TO LEAVE YOUR MEONY WITH TEHM FOR THE LING HAUL
TANK ZIM HOLDERS EVEN IF THEY ONLY HAVE ONE NOTE WILL GET THE FIRST APPOINTMENTS
TANK YOU CAN SHARE THAT ABOUT THE EXCHANGES ON OTHER SITES. IT’S IMPORTANT AND I WAS TOLD TO SHARE IT
TANK This is straight from Tank. (typos included)
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http://dinaresgurus.blogspot.ca/2016_04_17_archive.html
SUNDAY, APRIL 17, 2016
WSOMN CHAT UPDATE, 17 APRIL
AdminBill: I WANT TO TAKE MINUTE TO THANK ALL PAST AND PRESENT HOSTS AND MODERATORS HERE AND ELSEWHERE. I DO NOT INTENTIONALLY BURN BRIDGES JUST BECAUSE WE DO NOT SEE EYE TO EYE. I WISH EVERYONE WELL THAT IS SHARING THIS JOURNEY. JUST THINK OF ALL WE HAVE LEARNED FROM MARTHA, WOLFY, TANK, IKO, GERRY, BODI, TONY, RAYREN AND SO MANY MORE. MAKE THIS A DAY TO RECONNECT SO WE CAN ALL MOVE FORWARD TOGETHER.
CCSoCal: Brick by brick China moves along: Hungary Issues Sovereign Bonds Denominated In Yuan: Another Nail In US Reserve Currency Status?
Horizon: Fathertime – is it true that the Shanghai Gold Exchange opens tuesday? is this a precursor?
Fathertime: Horizon. That’s the problem. Translation and interpretation of other articles can be deceiving. I don’t believe they would give such a heads up. When Kuwait revalued no one knew the date?!?!
I wish, hope, and pray that Tuesday is it for us but history shows that many speculations do not get us the fruition we desire. Therefore, I choose to research by saying this can’t be so, so how can I prove my mind wrong. And in this case I can’t find concrete evidence to prove to me that it is so.
Horizon: Fathertime – I am not assuming that the Shanghai Gold Exchange opening is our date.
Fathertime – we understand this RV/GCR is a process and the only speculation is that this may be part of the process. Logic being that we are all moving to asset backed around the world. If gold is the primary accountable asset, then a gold exchange opening seems very very interesting.
SammyB: Fathertime, just google Chinas currency announcement for April 19, there are many articles out there, that are not from dinarworld. They are definitely doing something….. There is a definite dissconnect between the yuan and dollar.. It may not be what some think… but they are making changes, and we will see how that affects the US
Suzn: my 2 cents worth on the Tuesday,China,Gold topic ~ on Tues China is going to start ‘pricing’ gold meaning they are no longer going to let London be the world manipulators of the price of gold
Horizon: my question is what ALL transpired at the meeting in the WH with the Fed and supposed China delegates? Did they come to agreements? were there ulitmatums? what resulted?
PJ: The mtg at WH is a very interesting piece I don’t believe they were just having coffee so something is brewing clearly!
Horizon: PJ – many news reports about the meeting, not much about the reason or results… that speaks volumes!
NWMontana: www.reuters.com/article/china-gold-fix-idUSL3N17G1Z5
DINAR GURUS UPDATE, 17 APRIL
4-17-2016 Newshound Guru Kaperoni Article: “Finance Minister Looking in Washington, Iraq’s debt and improve credit rating” Quote: “Iraqi government delegation headed by Finance Minister Hoshyar Zebari, who is visiting the US capital Washington, currently Iraq’s debt and improve its credit ratings.” Good stuff….discussed appropriate ways to enter the capital markets and obtain financial support.
4-17-2016 Newshound Guru firefly Imagine that, the IMF is moving forward regardless of what’s in the media ….. How interesting.
4-17-2016 Newshound Guru wmawhite WOW! I just can’t help being confused…I thought the sky was falling on us…but, I am confused. Are you saying that the IMF is continuing to have…Quote: “INTENSIVE TECHNICAL TALKS WITH IMF TEAM ON EXISTING PROGRAMS TO PROMOTE THE PROCESS OF THE FINANCIAL AND ECONOMIC REFORMS IN THE COUNTRY“?
4-17-2016 Newshound Guru Millionday THIS IS A HUGE CHANGE AND IS STIRRING A HUGE POT…IT IS RUMORED THAT CORRUPTION IS BEING DEALT WITH [TO] MAKE THE CHANGES IN IRAQ BETTER AND THE REFORMS MORE SUCCESSFUL — THIS IS IMO AND SOME OTHERS BUT THE FIGHT DID HAPPEN — THE INCLUSION OF KURDISTAN REPRESENTATIVES IS DUE TO THE HUGE DESIRE FOR THE REFORMS. THE US IS BACKING THE CHANGE BUT IT ALL IS PART OF THE CHANGES AND REFORMS IRAQ IS MAKING — NOT A REASON FOR FIGHTING…IT GOING TO CHANGE A THING — REFORMS ARE COMING. [post 2 of 2]
4-17-2016 Newshound Guru Millionday […what do think about bbc and cnn say that civil war looks to be the future for iqra ON THE NEWS TODAY?] IT APPEARS THAT MANY ARE FIGHTING IN IRAQ BUT TO GUESS ON THE NEWS THAT IT LOOKS LIKE THAT IS POOR JOURNALISM IMO. THE VOTE FOR THE CABINET WAS TO TAKE PLACE ON TUESDAY — IT DID NOT WORK OUT — THEN CHANGED TO THURSDAY — THEY GOT IN A FIGHT — DID NOT WORK OUT. THE REASONING BEHIND IT IS SIMPLE…BUT A QUICK OPINION FROM READING ETC …MANY THAT ARE BEING REMOV
TNT CHAT UPDATE, 17 APRIL
TNT:
Lisalivinglarge: I have a small bank story
I went to my tier 2 bank and talked with my adviser and he hugged me and told me we have turned the corner … he said that we are in the home stretch now and gave me 2 thumbs up…. He was very excited
Beckardo: Call last night was greaaaat. Dizzybear came on and this is going to be THE WEEK. Great things happening!!! Very exciting!! China will be going gold back Tuesday. Said RV will be right after or right before.
Hartnio: Several have said Dizzybear is a very informed person on OM……
Beachcindy: I heard dizzy bear say China SAYS they will, not that for sure they are
Beckardo: They said China always does what it says it will do.
Tishwash: oh about China… well yes China has been saying since last year they were going gold hmmmm hold on let me see if I can find somethng BRB
Tishwash: okay here check this out form OVER A YEAR ago just look at the picture don’t read the article https://www.sovereignman.com/trends/the-chinese-have-put-out-billboard -ads-announcing-the-renminbi-as-the-new-world-currency-16318/
Tishwash: we just have to wait until Tuesday to see what China announces but even this person Dizzybear said it could be a misinterpretation from Chinese to Greek to English….
Dizzybear is obviously intelligent and has great experiences but he has been expecting the RV for about 6 months too
Xyz: Iraq demanded the United States, his support in getting ready credit from the IMF arrangement. http://translate.google.com/translate?depth=1&hl=en&sl=ar&tl=en&u=http ://www.alliraqnews.com/modules/news/article.php%3Fstoryid%3D35701
Xyz: Hundreds of followers of the Sadrist movement pitching tents in Tahrir Square in Baghdad http://translate.google.com/translate?depth=1&hl=en&sl=ar&tl=en&u=http://www.alsumaria.tv/news/165895/-
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IKO, SWORE I’D NEVER BE ON ANOTHER CALL, B UT WANT TO HELP GERRY OUT.
EVEN THO’ WE’VE THOUGHT THIS WOULD GO FOR THE PAST 2 WEEKS, I’VE BEEN WATCHING THE GOOD GUYS KNOCK DOWN THE BAD GUYS, THEY REALLY ARE MAKING AN ATTEMPT TO HAVE THIS GO AS SOON AS POSSIBLE. CLEAN AS POSSIBLE. WE’RE NOT THE ONES WHO HAVE TO CLEAN UP. INCREDIBLE FRUSTRATION, BUT IT’S MOVING.
I’VE NOT SLEPT IN WEEKS BUT BOTTOM LINE, WF, BANKS, CHINESE REALLY WANT US TO GET BEST RATES WE CAN, SO THAT WE CAN DO THE BEST WORK WE CAN.
I KNOW YOU HEAR ALL KINDS OF FANTASTIC RATES. BUT, JUST WALK IN AND ASK FOR WHAT YOU WANT, YOU MAY GET IT, MAY NOT. NDA BASICALLY STOPS YOU FROM DISCUSSING RATES. ALL BANKS SET UP TO GET YOU GOING W/ SKELETON TRUSTS. PROTECTING ASSETS.
IKO, ALL SET UP TO GET YOU INTO HIGH INTEREST ACCOUNTS, ALL ARE ASSET BASED. THIS WILL CREATE AN OPPORTUNITY IN A POST RV WORLD.
THEY WANT YOUR MONEY IN THEIR BANKS, THE MORE MONEY THE GIVE YOU, THE MORE CHINA GIVES TO THEM TO HAVE IN THEIR BANKS.
DON’T TRY TO SCAN THE SYSTEM, DON’T TRY TO HIRE A LAWYER TO GO AROUND THE SYSTEM. LET SYSTEM SORT ITSELF OUT. WAIT FOR RELEASE. COULD BE TONIGHT, TOMORROW, NIGHT AFTER. NO ONE 100% SURE.
WE’RE RIGHT THERE. TRUST YOUR GOING TO EXCHANGE. BUT, WORK ON YOURSELF. GET STABLE. FAMILY IS GOING TO CHANGE, FRIENDS. STABILIZE YOURSELF.
CHALLENGE IS NOT THE EXCHANGE …CHALLENGE IS POST EXCHANGE. I HOPE SOMEONE HEARS THIS MESSAGE.
WE’VE HEARD THAT THE EXCHANGE PEOPLE ARE RECEIVING BONUSES ON MOVING PEOPLE THRU WITH SPEED. BEING PRE-PREPARED WILL HELP THE PROCESS A LOT.
YOU MAY NOT BE THE BEST NEGOTIATOR, BUT YOU CAN BE PREPARED. THEPACKAGES ARE ALREADY SET UP FOR YOU. YOU ARE MORE PREPARED THAN THEY ARE.
THEY WILL FALL APART BEFORE YOU DO.
IF YOU BRING IN SOMEONE WITH YOU, DON’T LET THEM CONTROL YOUR EXCHANGE, JUST USE THEM FOR SUPPORT.
IF THE EXCHANGES START LOOKING AT THEIR WATCH, YOU KNOW YOU’VE COME TO THE EDGE OF YOUR EXCHANGE. RELAX, GO WITH CONFIDENCE. BE READY WITH WHAT YOU WANT