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Monday, March 2, 2015

DINAR GURUS UPDATE, 2 MARCH

3-2-2015   Newshound Guru tlm724   Article:  "Parliamentary Finance searching with the Governor of the Central Bank of the issue of the Iraqi dinar and the abolition of zeros"    we have several diff source articles for this...basically all the other articles are saying the same thing...lets have a talk about getting rid of the zero's.  you all do realize how fast things are happening don't you?  I am talking about the fact that we are smack dab in the middle of the currency reform.

3-2-2015   Newshound/Intel Guru BGG  the one thing our Baghdad contact has maintained is Baghdad needs money to fight ISIS. Period. He felt like one of the main ways to get it was via currency reform - ''removing the 3 zero's"
... it seems a little early to me based on the press releases over the last few days - but what do I know?? This is an emergency.

3-2-2015   Intel Guru Hocus Pocus   [via Guru Jester]   NO CHANGE OVER THERE... BUDGET NOT IN THE PAPER... THEY ARE STILL OPTIMISTIC AND THE NEWS FEED SAYS SOON THEIR MONEY WILL BE WORTH MORE... SAME INFORMATION WE HAVE BEEN GETTING FOR A WEEK.

3-2-2015   Newshound Guru My Ladies 
  DINAR LAND THINKS THE OPPOSITE, THEY THINK LAWS NEEDS TO COME FIRST, AND SALARIES ARE PAID THEN WE ARE NEXT, BUT NO, NO NO NO NO NO, YOU CAN NOT DO THINGS IN REVERSE LIKE THAT, BASIC BANKING PRINCIPLES.  IF THEY GO INTERNATIONAL AT 1166 THEY ARE NOT GOING TO "RV" OR "RI" AFTER THAT.  THE SYSTEM DOES NOT WORK LIKE THAT.  IF THEY GO INTERNATIONAL AND PASS LAWS AND PAY SALARIES AT THE IMPOSED RATE THEN THEY HAVE DEFIED ECONOMICS AND WE ARE IN FOR ANOTHER 10 YEAR WAIT. WELL 5 AT LEAST BECAUSE THAT IS WHAT THEY SAID THEY NEED TO FINISH THEIR MONETARY REFORM.  WE ARE STILL IN THE GAME AS OF TODAY.   [post 2 of 2]

3-2-2015   Newshound My Ladies
   THE WAY I SEE THINGS AS LONG AS NO LAWS REQUIRING FUNDING ARE PASSED AND NO SALARIES ARE PAID, AND NOTHING IS HAPPENING CAUSING IRAQ TO CROSS BORDERS WE ARE OK.  YES WE ARE STILL WAITING, BUT WE ARE STILL HOPEFUL THE WAIT IS SHORT.  NOW IF WE SEE MONEY MOVING, AND INTERNATIONAL OBLIGATIONS BEING FULFILLED, AND THE SMART CARDS BEING ACTIVATED WITH NO RATE CHANGE THEN WE WILL NEED TO BE REALISTIC WITH WHERE WE ARE.  SO HERE IS HOPING FOR IRAQ ADOPTS A CURRENCY VALUE OTHER THAN 1166 AND DOES IT BEFORE MAKING ANY MANY CHANGES IN MONEY AND POLICY.   [post 1 of 2....stay tuned]

3-2-2015   Intel Guru Jester 
  THEY ARE WAITING ON SOME THINGS TO BE SIGNED WITH THE US... ALL INDICATIONS ARE THE BUDGET IS READY TO GO... THIS IS JUST SOMETHING THAT HAD TO HAPPEN WHEN THE BUDGET WAS READY TO GO... OTHERWISE IT WAS A MOOT POINT...LOOKS LIKE THINGS ARE GOING THE RIGHT DIRECTION.... I BELIEVE THIS IS JUST A SMALL HOLD UP... THAT THINGS ARE STILL GOING JUST FINE... THE BUDGET JUST NEEDS TO BE PRINTED INDICATING THINGS ARE DONE AND THEN POOF... IRAQ WILL BE ON IT'S WAY. 

3-2-2015   Newshound Guru Millionday 
    [They can't RV without the Article 140 implemented, right?]  UNDERSTAND THAT THE BUDGET DISTRIBUTION IS IMPACTED BUT CBI HAS REPORTED THAT INVESTMENT FUNDS COULD BE USED TO MOVE FORWARD WITH THE MONETARY POLICY.   SO AS FAR AS AN ACCURATE EXACT TO THAT ANSWER -- IT CANT BE GIVEN UNLESS BY CBI WHO HAS THE INDEPENDENCE IN THE MONETARY POLICY.   [post 2 of 2]

3-2-2015   Newshound Guru Millionday  
 Article quote:  "Office of the Prime Minister Saad al- Sabri, that the application of Article 140 of the Constitution after the procedure will eliminate Daash terrorist gangs in the disputed areas."  THEY ARE NOT ACTIVATING ARTICLE 140 UNTIL DAASH IS ELIMINATED PER THIS REPORT.  IT IS NOT THAT THE BORDERS ARE NOT BEING DEFINED -- IT IS THAT IT IS NOT AN EASY TASK WITH DAASH ON THEM OR IMPACTING THE PROCESS.   [What is article 140...?]  ARTICLE 140 IS PART OF THE CONSTITUTION THAT DEFINES THE AREAS THAT ARE PART OF KURDISTAN...  IMPORTANT FOR COSTS AND BUDGET ETC.  [post 1 of 2....stay tuned]

3-2-2015   Intel/Newshound Guru  Backdoc 
 ...A FEW MORE LAWS WILL LIKELY BE READ SO THAT ALL IS IN PLACE FOR THE ONE BASKET! THE LAW OF PARTIES MAY BE ONE OF THOSE GETTING FINISHED!  WITH THE MARKET ECONOMY READY TO LAUNCH AT THE END OF THE MONTH, THEY ARE IN A HURRY TO PUT THINGS IN ORDER!  IT MAKES SENSE THAT A RATE WOULD PRECEDE THE LAUNCH OF THE MARKET ECONOMY SINCE IT WILL TAKE A FEW DAYS TO ADJUST TO THE NEW CURRENCY!  [post 2 of 2]

3-2-2015   Intel/Newshound Guru  Backdoc
   WE ALL EXPECTED TODAY [SUNDAY] TO SEE THEM START TARIFFS AND TAXES AS THE ARTICLES INDICATED!  EITHER THEY HAVE ACHIEVED THEIR GOAL ON REDUCING LIQUIDITY FROM THE PUBLIC FLOAT AND ARE SIMPLY WAITING TO LAUNCH EVERYTHING ALL AT ONCE OR POSSIBLY THEY ARE WAITING TO SEE SECURITY IMPROVE IN THE NEXT WEEK OR TWO BEFORE A RATE CAN BE RELEASED! WE KNOW THAT THE KURDS ARE NOW VERY HAPPY BUT THE SUNNIS HAVE ONE MORE REQUEST BEFORE THE NATIONAL RECONCILIATION IS COMPLETE, ARREST MALIKI AND BRING HIM TO JUSTICE! 

S3A CHAT , TNT TWEET & BACKDOC UPDATES, 2 MARCH

3-2-15 Adept1: The tweet [from TNT TONY] was very clear: the new tariff laws are in effect, at the new rate. That means the new rate is imminent for everything else. The second tweet was in response to all the tumult and confusion in the chat room. 
*******

3-2-15 Backdoc: WE ALL EXPECTED TODAY [SUNDAY] TO SEE THEM START TARIFFS AND TAXES AS THE ARTICLES INDICATED!  EITHER THEY HAVE ACHIEVED THEIR GOAL ON REDUCING LIQUIDITY FROM THE PUBLIC FLOAT AND ARE SIMPLY WAITING TO LAUNCH EVERYTHING ALL AT ONCE OR POSSIBLY THEY ARE WAITING TO SEE SECURITY IMPROVE IN THE NEXT WEEK OR TWO BEFORE A RATE CAN BE RELEASED! WE KNOW THAT THE KURDS ARE NOW VERY HAPPY BUT THE SUNNIS HAVE ONE MORE REQUEST BEFORE THE NATIONAL RECONCILIATION IS COMPLETE, ARREST MALIKI AND BRING HIM TO JUSTICE!
A FEW MORE LAWS WILL LIKELY BE READ SO THAT ALL IS IN PLACE FOR THE ONE BASKET! THE LAW OF PARTIES MAY BE ONE OF THOSE GETTING FINISHED!  WITH THE MARKET ECONOMY READY TO LAUNCH AT THE END OF THE MONTH, THEY ARE IN A HURRY TO PUT THINGS IN ORDER!  IT MAKES SENSE THAT A RATE WOULD PRECEDE THE LAUNCH OF THE MARKET ECONOMY SINCE IT WILL TAKE A FEW DAYS TO ADJUST TO THE NEW CURRENCY! 

*******
S3A :


So.....

We have. FULL HOUSE in Parliament


Union Forces lifted the Boycott against Parliament


Abadi & Jabouri is having OR Had a Meeting Regarding HCL


Announcement of Bonds Sales for PRIVATE BANKS....



What is Abadis either Spraking Now or Done Addressing Parliament......


Add all this up (plus the weekend News we heard).....


What do you get.....


Take a Guess!!!



  • UNTIL THERE IS A 100% FULLY ACTIVATED AND IMPLEMENTED HCL & KURDISTAN IS HAPPY WE WILL CONTINUE TO WAIT!!!!!!!!!!!
  • Agree 100% Exo !!!
    Slow roll!!! Iraq does nothing fast . It is kind of like island time. We have heard the term lava flow also. We all want it like yesterday. And a lot of us need it like yesterday. All I know is from now til the end of the month they have stated it would be complete. So i am very excited because we have never been this close before. Thanks for being the Alpha Pack leader and today should be very telling !!
  • BLC NEWS DISCUSSION, 2 MARCH

    Parliamentary Finance searching with the Governor of the Central Bank of the issue of the Iraqi dinar and the abolition of zeros

    [tlm724] ok we have several diff source articles for this so lets look at one

    [tlm724] parliament finance hosting the CBI governor

    [tlm724] they are talking about the DINAR   

    [tlm724] the issue of the Iraqi dinar and the abolition of zeros

    [tlm724] to discuss the issue of zeros from the Iraqi currency, and the issue of the Iraqi dinar.
    ~~~
    [tlm724] thats so pretty Wink 

    [tlm724] "the Committee examined allegations own Bhamdih dry Director-General of the Iraqi Commercial Bank.

    [tlm724] " It is said that MPs demanded the government of preventing dry travel, out of Iraq against the backdrop of accusations Ptherb large sum of money to the Kurdistan region of .anthy

    [tlm724] finance committee meet about the TBI

    [tlm724] heres that info

    Commission hosts the economy and investment director general of the Iraqi Trade Bank March 01 .2015 Devt for economic and investment commission headed by MP Jawad al-Bolani and the presence of members of the committee on Sunday, 03/01/2015 Ms. Hamdiya dry Director General of the Trade Bank of Iraq.

    During the meeting, to clarify the circumstances of the recent rumors in some media about converting the amount of the Trade Bank of Iraq to the Kurdistan region. On the other hand the Committee discussed the recommendations of the first international conference held by the Commission in Baghdad earlier this year. http://www.parliament.iq ···

    [tlm724] basically all the other articles are saying the same thing  Very Happy   lets have a talk about getting rid of the zero's
                           
    [tlm724] and straightening out the rumors about the TBI sending money to Kurdistan

    [tlm724] you all do realize how fast things are happening don't you ?

    [therealbubbie] *wolfwhistle*

    [tlm724] I am talking about the fact that we are smack dab in the middle of the currency reform

    [RSP1] witnessing daily

    [cat] yep

    [tlm724] just checkin

    ~~~

    The Ministry of Oil: not to go beyond our agreement with Iraq's Kurdistan

    [tlm724] This agreement is a delightful and there is no override it, especially by the center

    [tlm724] never heard them use the word delightful before lol

    [tlm724] "the return of Kirkuk fields of production, thanks to the use of the Kurdish oil pipeline provided Iraq's real output of oil, "expected" The province is committed to signed agreement with the Centre for the benefit of both parties

    [tlm724] *hallelujah*

    [tlm724] that the production of the Kirkuk oil fields did not exceed 200 thousand barrels per day, ten years ago, while stressing the ministry has sought to develop its oil installations where access to production to 800 thousand barrels per day.

    [tlm724] incredible amount of oil, that is why Saddam took it from the kurds, Kirkuk has one of the largest oil fields in Iraq !

    ~~~

    Iraq owes the oil companies about twenty billion dollars

    [tlm724] "We have paid off in 2014 some dues in 2013, and we went from 2014 to 2015 some dues in 2014, and we have dues in 2015 ... These are all large sums are enormous, exceeding twenty billion dollars.

    [tlm724] "the launch of treasury bonds worth 12 billion dollars." He continued, "We started relevant procedures in order to cover the dues companies.

    ~~~

    Abadi's "Kurds": the need to Baghdad and Kurdistan's commitment to the agreement and approved in the budget

    [tlm724] so we have to unite, because our country and our people deserve us to offer him all the best and achieve the aspirations of security and well-being'

    [tlm724] stressing the 'importance of adhering to the agreement between the federal government and the Kurdistan Regional Government, which was passed in 2015 budget

    [tlm724] it will all come together now !

    ~~~

    Fueling investment law and revive the economy in the most prominent Islamic finance experience economic headlines for newspapers Monday

    [tlm724] Fueling investment law and revive the economy in the most prominent Islamic finance experience economic headlines for newspapers Monday

    [tlm724] Economic parliamentary: We are working on a mature investment law, Islamic finance experience in reviving the economy

    [tlm724] getting that investment law just right 

    More than 500 cars will enter the capital within the project of Baghdad taxi this year Fahdawi: buying power of investors one of the solutions to the crisis of electricity Justice General Company for the implementation of transport projects completed a number of projects for the benefit of railway Iraq Deputy for the citizen emphasizes the importance of conversion of Basra to the economic capital of Iraq as a source of wealth committee charged with overseeing the appointments in the passenger receives a number of applicants time opening five air bridges sophisticated in Basra airport .anthy

    [tlm724] Iraq is booming ! The investors are starting to line up at the door ! As a matter of fact they are about to bust the door down  Wink

    ~~~

    The start of preparations for the launch of the first scientific conference to support the private sector later this month

    [tlm724] "The conference will focus on the importance of the role of the private sector and measures of economic transformation and strengthen its role in the banking

    [tlm724] collaboration from them all ! Love it !
    Securities demanding the central bank to amend the work of banks

    [tlm724] BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - The Securities Commission has demanded the Central Bank, to amend the work of banks in order to attract investors and to ensure that facilitate their work.

    [tlm724] indeed they have ! have a look at this article:

    Parliament form a committee for the advancement of the Iraq Stock Exchange

    [tlm724] formed a small committee is working to overcome the obstacles facing the advancement of the work of the Iraq Stock Exchange (KSE), noting that the work of the current market does not keep pace with economic development.

    [tlm724] the law of the market is a long time in the State Consultative Council 

    [tlm724] there is no awareness of the Iraqi citizen or investor that invests in the market."

    [tlm724] problems of the Iraq Stock Exchange is a private company registration procedures, as well as dealing with the banks and the banks,"

    [tlm724] the mini-committee will follow overcome all the obstacles facing the advancement of Iraq market for securities."

    [tlm724] well all right lets get this law of the market finished, the time is NOW !

    [tlm724] should have already been done !

    ~~~

    Work: identification on Tuesday as the date for the disbursement of salaries of workers secured

    [tlm724] on Tuesday to determine the date for the exchange of workers' salaries secured smart monthly in January and February 2015 cardholders

    [tlm724] next Wednesday as the date for the disbursement of salaries of workers secured manual exchange category.

    [tlm724] money going out, the people gettin happy Very Happy 

    ~~~

    Iraq state TV: Operation to retake Tikrit begins

    [therealbubbie] Al-Abadi offered what he called "the last chance" for Sunni tribal fighters, promising them a pardon. "The city will soon return to its people," he added.

    [therealbubbie] "I call upon those who have been misled or committed a mistake to lay down arms and join their people and security forces in order to liberate their cities," al-Abadi said Sunday during a news conference in Samarra, 95 kilometers (60 miles) north of Baghdad.

    [tlm724] therealbubbie I like him very much !

    [tlm724] join their people *hallelujah*

    SHANGAI DAILY NEWS :Zimbabweans to be compensated fully as local currency is demonetized, 2 MARCH

    HARARE, Feb. 23 (Xinhua) -- The Reserve Bank of Zimbabwe (RBZ) will use the rate of one U.S. dollar to 35,000 Zimbabwe dollars as it moves to demonetize the local currency and compensate account holders who lost their savings when the government introduced multi-currencies in 2009.
    RBZ Governor John Mangudya told Xinhua in an interview Monday that everybody who had an account as of December 2008 would be awarded a blanket five U.S. dollars per account regardless of whether or not there was any credit in their bank balances.
    Mangudya's comments allay fears that had beset the banking public which suspected that the RBZ wanted to credit the accounts with only five U.S. dollars and disregard the balances in the accounts at the time of the introduction of the multi-currencies.
    The Confederation of Zimbabwe Industries also issued a statement recently urging the RBZ to fully compensate account holders.
    "The five U.S. dollars is the minimum but we're going to be using the United Nations rate of one U.S. dollar to 35,000 Zimbabwe dollars. We have revalued it from one U.S. dollar to 35 quadrillion dollars," Mangudya said.
    "This explains why the figure (to demonetize) has risen from the initial six million U.S. dollars to 20 million dollars," he added.
    Former Finance Minister in the inclusive government Tendai Biti had indicated that six million dollars would be required to compensate account holders affected by the abandonment of the local currency in favour of mainly the United States dollar and the South African rand.
    Other currencies acceptable in the banks are the Australian dollar, British pound sterling, Botswana pula and to a limited extent the Euro, Indian rupee, Chinese yuan and Japanese yen.
    The local currency was literally made moribund in 2009 when the government sought to arrest runway inflation which then stood at 231 million percent at the last official count, even though unofficial figures put it at 4 billion percent.
    To cope with inflation, the RBZ redenominated the Zimbabwe dollar in 2006, 2008 and 2009, with the highest being a 100 trillion dollar banknote printed on bond paper after the German company which used to supply it with the special paper stopped doing so because of economic sanctions imposed on the country.
    The central bank would also occasionally slash the zeros from the notes amid concerns from businesses that the many zeros were crashing their computer systems.
    The demonetization of the local currency will be completed by June 30, 2015, allowing many people who had stashed the Zimbabwe dollar in its various denominations to finally discard it. LINK