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9-30-2014 Intel Guru Delta [via BulldogFord65] all good news in Iraq right now, the 2 remaining ministers (interior and defense) need to be named, 50/50 chance that we’ll see it before the holiday; Kurds look happy and building trust and confidence with Baghdad; finance committee, COM all asking why the 000 have not been deleted; IMO, if we don’t see anything before the holiday, the second week of Oct after they come back from holiday will be very interesting.
9-30-2014 Newshound Guru Millionday [ I gather...the budget did not get passed today?] THE BUDGET WENT TO PARLIAMENT BUT WITH NO OIL FIGURES AND THEY HAVE ASKED FOR THOSE FIGURES SO THAT PARLIAMENT WILL TAKE IT. THEY HAVE BEEN WORKING ON IT INTO THE NIGHT AND I THINK THEY WENT HOME TO COME BACK EARLY AND FINISH. [any word on ministers getting seated?] ABADI STATED THAT THE LAST TWO WOULD BE BEFORE HOLIDAY AND IS CALLING AN EMERGENCY MEETING.
9-30-2014 Intel/Newshound Guru tman23 "In a statement, said the Council had received (treasures media) a copy, "the holiday of Eid al-Adha will begin from Saturday until Thursday of next week." it is now official. Baghdad – Prime Minister announced, Tuesday, that the holiday of Eid al-Adha begins Saturday and ends on Thursday next week.
9-30-2014 Intel/Newshound Guru Poppy3 WE ARE WITHIN THE LAST 48 HOURS OF THEIR DEADLINE ON BUDGET, LAWS, MINISTERS BEING COMPLETED. OUR QUESTION IS HOW MANY DEADLINES WILL THEY MAKE AND WILL THEY FINISH BEFORE THEIR HOLIDAY OR WILL THEY WORK INTO THE HOLIDAY TO FINISH? TODAY IS A EXCITING TIME FOR ALL IRAQ AND FOR YOU AND I.
9-30-2014 Newshound Guru OOTW AT THE PARLIAMENT SITE - THE FEDERATION COUNCIL BILL IS LISTED AS "PASSED LEGISLATION" IT ONLY NEEDS TO BE UPLOADED TO THE GAZETTE NOW TO BE ACTIVATED. THE FEDERATION COUNCIL ARE GUIDELINES WHICH UNAMI HELPED IRAQ TO DEVELOP WHICH SETS UP A GOVERNING BODY OVER THE ENTIRE IRAQI GOI AND LAW SYSTEM. IT'S TO BE COMPOSED OF FIVE HEADS AND TWO REPS FROM EACH PROVINCE. THEIR WORK OVERSEES ALL MAIN MINISTRIES AND PROJECTS. BECAUSE I CANNOT GET A FULL COPY OF THE UNAMI MANDATE I CAN'T SEE EVERYTHING, BUT THE WORD IS THAT IF MAHMOUD WANTS TO OVERTURN A LAW PRESENTED BEFORE HIM, WHICH HAS BEEN PASSED BY PARLIAMENT, THE FEDERATION COUNCIL CAN GIVE THE GO AHEAD TO IMPLEMENT THE LAW. IT TAKES MORE CONTROLS AWAY FROM A PM AND THE SJC...DISTRIBUTES POWER MORE EVENLY. [i.e. "inclusive" gov't?] EXACTLY. [So that's part of the power sharing agreement?] YES.
9-30-2014 Intel Guru WILDDUCK THERE IS NO GCR FOR DUMMIES BOOK DOWN AT BARNES AND NOBEL. THEY ONLY HAVE ONE CHANCE TO GET IT RIGHT. [seems like we just might be getting close!] THAT IS CORRECT, I BELIEVE WE ARE VERY CLOSE. [So..." Any Second Now " ?] I CONCUR WITH YOU. ...KNOW THAT THE EARTH ROTATES VERY FAST BUT YOU DO NOT FEEL IT, SO LIKE THE RV /GCR JUST BECAUSE YOU CANNOT SEE IT OR FEEL IT DOES NOT MEAN HUGE STRIDES ARE NOT TAKING PLACE. IMO WE ARE VERY CLOSE AND YOU CAN TELL BY THE LACK OF REAL NEWS. REMEMBER THIS IS A WORLD EVENT NOT JUST IRAQ. ALL THE PIECES HAVE TO BE IN THE RIGHT PLACE. THERE IS ONLY ONE CHANCE TO GET IT RIGHT. THERE IS NO DO OVER .
9-30-2014 Newshound Guru Lojak Article [via snowflakes] : "Cabinet decision paying salaries to staff " Quotes: "Magda al-Tamimi said Chairman of the Finance Committee in the House of Representatives interim cabinet did not reach a final decision on the salaries of the staff of the Kurdistan Region." "She said through a statement to Al-Tamimi Kordsat News: The Council of Ministers will hold a meeting tonight with the Interim Finance Committee in the House of Representatives for a final decision on the salaries of employees of the province of Kurdistan." Its the key to moving forward in a big way on many, many things. Based on information I just received, I have big faith that a positive result will come of this meeting.
9-30-2014 Newshound Guru Millionday AN EMERGENCY MEETING WILL HAPPEN BEFORE HOLIDAY -- THE KURDS HAVE JOINED THE GOV AND HAVE 4 MORE POSITIONS -- THEY WANTED 5 -- THE MEETING IS TO ANNOUNCE THE ENTIRE MINISTRY - THE BUDGET IS GOING TO PARL TOMORROW --- AND THEY FINISHED IT -- THE KURDS AND FEDERAL HAVE AGREED ON GOV AND THEY HAVE JOINED OFFICIALLY AND THE WAGES WILL BE THERE BEFORE HOLIDAYS WITHIN TWO DAYS THEY SAID. THE MEETING IS TO ANNOUNCE...AND WHAT I HAVE IS THEY ARE SWORN IN.
9-30-2014 Intel Guru MarkZ Ok so the weekend wasn't what I had hoped for...
Things were happening though and I am 'ok' with the progress.
9-30-2014 Newshound Guru Lojak Article: "Iraqi President: Baghdad Will Send Kurds’ Salaries Before Eid" Quote: "It is expected that in the Tuesday [today] meeting, the Baghdad government finalise a decision about sending the budget of the Kurdistan Region." I think this is needed still...this hopefully will get the Kurds engaged in the government and help vote the missing ministers in.
9-30-2014 Newshound Guru Millionday THE RATE RIGHT NOW IS 1166 -- THATS ALL. IT DOESNT MATTER IF 18 BACK ROOM MEETINGS GO ON AND THEY INVITE ALL THEIR FRIENDS -- THE ONLY ONE THAT CHANGES THE RATE IS CBI -- PERIOD. UNDERSTAND IF THE RATE IS NOT ON CBI -- IT HAS NOT CHANGED -- NO IF ANDS OR BUTS.
9-30-2014 Intel/Newshound Guru Poppy3 ...THE NEXT 48 HOUR OR LESS SHOULD SHOW UP WHAT THEY HAVE COMPLETED AND IF ALL IS COMPLETE THEN THE RATE CHANGE SHOULD FOLLOW VERY QUICKLY AFTERWORDS.
9-30-2014 Intel Guru DC [via Already Blessed] ...PLEASE KEEP IN MIND THAT THE GAZETTE IS PHYSICALLY LOCATED IN THE LAW LIBRARY IN BAGHDAD AND HAS NOT BEEN ONLINE FOR A FEW YEARS. HE WAS SURPRISED AND CONFUSED AS TO HOW THEY COULD PUBLISH ASPECTS OF THIS WITHOUT THIS BEING AN RV. HE THEN WENT TO THE CBI PEOPLE AND ASKED THEM HOW IT COULD BE PUBLISHED IN THE GAZETTE AND NOT HAVE A RV…"IS THIS ACCURATE!” AND THEY SAID, “YES, IT IS ACCURATE BUT WE JUST HAVEN’T DONE THE RV YET.” IT WAS ALSO RUNNING ON ALL THEIR TV SHOWS. [reference Guru DC post 9-29-2014]
9-30-2014 Newshound Guru Lojak b Once that vote is concluded positively, a whole chain of events will start. The Kurds will then show up in Parliament and support Abadi for his choice of security ministers--because they have 60 votes, which will put Abadi in the drivers seat on any vote he needs. And of course, Iraq doesnt have 4.5 billion laying around, they will need to quickly Rv the currency to pay not only the back salary, but they need to pay their own army, retirement salary, blah blah. Abadi NEEDS the Kurds to get things done. [post 2 of 2]
9-30-2014 Newshound Guru Lojak ...let me explain the goings on, so some on here can be up to speed. There are two Kurds on the Council of Ministers (the cabinet) that were voted on in Parliament --but actually have not been sworn in and havent participated in the cabinet activities as of yet. The kurds want their money, as least a written assurance they will have it soon--then they will participate in the cabinet. The articles yesterday suggesting that they had the support to get a large chunk of money ( some say 4.5 billion) in back salary were the start to what we need. One assumes based on the one MP from Kurdistan that Abadi has the support to get this done in the Cabinet meeting today. [post 1 of 2....stay tuned]
9-30-2014 Intel Guru Frank26 [via BulldogFord65] the budget is in the house and IMO, they still need to read it, and may take a couple of weeks to pass the budget, however we have seen oil tankers leave so perhaps they are already operating under the budget but it is not yet visible; perhaps in the next couple of weeks we will see more of the budget; there may be a domino effect set off by the budget; many items depend on what is it...it’s very possible that the budget does not contain the program rate, which would explain why it’s being guarded so closely. MR [Monetary Reform] is moving forward. IMO, we may see the seated GOI soon. 10/1 is “super hot, brilliant hot” for seeing the GOI emerge and possibly begin to reveal some of the budget through 10/10; if the budget is not revealed by 10/10, we look to 19th – 20th all of 2014; these dates are time frame studies to watch the GOI, budget, laws, MR.
9-30-2014 Intel/Newshound Guru tman23 Forget the budget...First they need to seat the Kurd ministers and as of now, Kurds request that Shaways to be moved from Finance Minister to Deputy PM and Zabari from Deputy PM to FM... such action takes a Parliament hearing...Abadi an Jabouri are discussing a special Parliament session which would seat the security ministers before Eid...And then the discussion if a quorum could be reached...Those expecting a RV this week will be disappointed once again...But 10/7 to 10/9 is a window to keep an eye on.
9-30-2014 Newshound/Intel Eagle1 [via BulldogFord65] IMO, everything is where we want it to be.
9-30-2014 Intel Guru Frank26 There is an internet rumor that the rate is in the Gazette – NO, it is not. [the Gazette is a real law library of the judicial arm of the GOI, the real website did not have a rate published...]
9-30-2014 Intel Guru EXOGEN October 1st we are looking for a number of things. 1. Bills to be paid 2. Approved Budget 3. The process of salaries in motion 4. LIVE RATE. [See the possible "to do list" in the Dinar Guru Resource Bar on the left]
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9-29-2014 Intel Guru TerryK I'M HEARING THAT WE STAND A GREAT CHANCE AT THIS TOMORROW NIGHT...BANKING NIGHT. THERE IS TALK OF A LOWER RATE. THE SAME RATE THAT KUWAIT HAS CURRENTLY. THIS WILL FLUSH OUT TRILLIONS OF DINAR. KEEP IN MIND THAT THIS WAS THE ORIGINAL AGREEMENT BETWEEN IRAQ AND KUWAIT. .50 ONE WAY OR THE OTHER. 3.50 PLUS.
9-29-2014 Newshound Guru Lojak Article: "Kurdish Civil Servants to Receive Eid Salaries from Baghdad" Quote: "The Iraqi central government approved the salaries of the (Kurdistan) Region for the months of August and September before the holiday of Eid al-Adha," This article, if true, is supportive of what we need to see. The Kurds havent actually been active in the new government because they want to be paid. As the article says, they are owed 9 billion -- Iraq doesnt have the money now. This however should trigger several things 1) the Kurdish Ministers becoming sworn in on the Council of Ministers 2) which in turn should get the Kurds to turn out and vote with Abadi for his choice of the 2 ministers...all of this is interrelated. The HCL is basically already done, which is part of the platform that all blocs voted on a while back. They cannot pay the Kurds without RV. Shabibi and Abadi have the button at this point...just be patient.
9-29-2014 Newshound Guru Chattels some are saying that a rate(s) are being posted...just beware that all gazettes are not the gazette.
9-29-2014 Intel Guru Mnt Goat Update on the 27 Reforms - Many of these reforms are just replacing many of the Erbil agreement items of the 2009-2010 Erbil meeting. Like with the Erbil agreement, Abadi also has timelines to get these 27 reforms completed. The USA and the UN are not going to budge on the RV until these are completed. Do they all have to be completed prior to an RV? The farthest out timeline for many of the items is 3 months. So we do know they intend to complete all these reforms by January 2015. I believe the critical issues in the Erble agreement, as a minimum, must be implemented prior to any RV...they are 4 years behind schedule due to Maliki. They are attempting to catch up fast.
9-29-2014 Intel Guru DC Bottom line is that everyone is jubilant right now. We are expecting the full RV on or before the 1st. With the announcements in the Gazette and on tv and in the banks, we understand everyone is ready. My understanding is that the $3.58 is the final number. It’s a final coordination between Iraq, the BIS and the IMF. We are just waiting on this last little thing from Iraq. I’ve been told the US is out of the picture, and we are supporting this behind the scenes. In the US everyone is geared up and ready go, and expecting this now. [As of now, only Guru TNT Tony's camp is reporting this...we await confirmation one way or the other from other gurus and ultimately a guru consensus--stay tuned...]
9-29-2014 Newshound Guru Millionday THEY HAVE ALSO RESOLVED THE ISSUE WITH THE OIL AND THE BUDGET WILL BE FOR VOTE IN THE NEXT DAY OR TWO. THE HCL HAS BEEN DONE THEY ADDED A FEW CHANGES AND IT IS WAITING FOR AGREEMENT WITH THE KURDS -- AND GUESS WHAT -- AGREEMENT IS HERE...THIS IS HUGE NEWS. WE ARE IN AN ECONOMIC INVESTMENT IN ACTUAL CURRENCY IN THIS COUNTRY`S CURRENCY SO WE HAVE TO FOLLOW THE MONEY AND THEY ARE SAYING THAT THE ENTIRE BUDGET FOR THIS YEAR IS GOING TO BE BEFORE PARLIAMENT TOMORROW. [ ...will the CBI wait until the budget is opened and approved?] I WILL TELL YOU IN THE INK...A PRESS RELEASE...IT SAYS ANNOUNCED FROM CBI THAT THEY WILL MOVE FORWARD WITH OR WITHOUT THE BUDGET AND FUND IT WITH THE INTERNATIONAL INVESTMENT MONEY. [post 2 of 2]
9-29-2014 Newshound Guru Millionday THE KURDS AND THE FEDERAL GOV...HAVE RESOLVED. PAYMENTS WILL BE MADE FOR BACK PAY AND MONEY IS GOING TO START MOVING. THIS IS IN THE BUDGET. SO THEY ARE SENDING MONEY BEFORE THE FEAST ON THE 4TH. THE BUDGET IS TO BE LAUNCHED AND THE KURDS ARE IN IRAQ BAGHDAD IN MEETINGS WITH FEDERAL GOV. [So the payback will be with Dinars instead of USD'S?] YES DINARS. THE KURDS WANTED MORE POSITIONS IN THE GOV. IT WAS AGAINST WHAT THEY WERE PROMISED AND...THE MOVE TO CHANGE IT IS DONE. THEY GOT 4 MORE IN KURDISTAN...ABADI IS CALLING AN EMERGENCY SESSION BEFORE THE HOLIDAY TO ANNOUNCE THE MINSTERS. I DONT KNOW EXACTLY WHEN -- ALL WE HAVE IS BEFORE THE HOLIDAY AND ALSO RIGHT AFTER FEAST A HUGE PRESS CONFERENCE. [post 1 of 2....stay tuned]
9-29-2014 Intel Guru TNT Tony [via Adept1] Great news – Iraq has published an exchange rate of $3.58...in black and white in the gazette... It’s been verified by Iraqis who read in their own language and can understand what it means. I was trying to find the numbers for the Iraqi dinar and the Kuwait dinar. They put this in the Gazette, we looked at the numbers, and I saw they were 1:1. We checked with multiple Iraqi sources, and they confirmed that we did that correctly – that one Iraqi dinar = one Kuwaiti dinar, and one Kuwaiti dinar = $3.58. There is one other matter being negotiated this moment, it could happen any time in the next 48 hours. It’s been published and if it doesn’t happen by then, they will have real problems with ISIL. Everything we can see for ourselves in the mosques, newspapers and television is indicating the 1st or sooner. It’s looking really, really good... [As of now, only Guru TNT Tony's camp is reporting this...we await confirmation one way or the other from other gurus and ultimately a guru consensus...They're trying to determine what Guru TNT Tony is seeing--stay tuned...]
9-29-2014 Newshound Guru Lojak Articles: "Indicators to solve the oil dispute between Baghdad and Erbil" "Expectations of the arrival of the draft budget to parliament on Tuesday" More great news...the COM is going to front a few months of salaries for the Kurds. When the budget passes (and it should be quicker than they say) they will get all the rest of the money they deserve.
9-29-2014 Intel Guru Mnt Goat What transpired on 9/7 - 9/8 by announcing a “fully” formed government was all very legal and intentionally done. They announced a fully formed government to get the UN resolution to form a legal coalition to enter Syria and fight ISIS. Iraq was at a critical point and needed support to begin operations which was very apparent. There was also a constitutional deadline and missing it was not an alternative. Missing this deadline meant starting all over. They are now in this process of replacing the proxy ministers. It could take weeks or months to do this but they are able to move forward in so many other areas too, even with the proxy ministers. I am hearing the voting for confirmation of these ministers is once again on the agenda for early this week in parliament. [post 2 of 2]
9-29-2014 Intel Guru Mnt Goat ...over the weekend a request went out to the speaker of the house to hold a special session prior to Wednesday to vote and to confirm the last of the few ministers. These are replacement ministers that were rejected already (some twice) on the confirmation process by parliament. Abadi is targeting this confirmation prior to the upcoming holiday of Eid al-Adha (begins in the evening of Saturday, October 4, 2014, and ends in the evening of Sunday, October 5, 2014). They still do not have a permanent Defense and Interior ministers. [post 1 of 2....stay tuned]
9-29-2014 Newshound Guru Stryker THIS SURE LOOKS LIKE THE WEEK EVERYTHING COMES TOGETHER.
9-29-2014 Intel/Newshound Guru tman23 So the PUK website and the Minister of Finance both informing the public that the salaries are going to be paid before Eid...TO ME IT SPEAKS VOLUMES THAT AN AGREEMENT IS COMPLETE.
9-29-2014 Newshound Guru Lojak Article: "Kurds joining the government Abadi and staff salaries region before Eid" Quote: "Prime Minister Haider al-Abadi said the cabinet will hold a session during the next few days to discuss sending an advance to the Kurdistan region to secure the salaries of its employees...Kurdish delegation arrived in Baghdad and Minister Kurds are ready to join the government" This is really big news, what we need to happen to get the whole thing rolling!! Iraq is broke...at least the govt. (not the CBI). They cant be paid without some cash...they cant pay kurds, the peshmerga, the Iraqi army etc without the new monetary reform... In simple language, that's it.
9-29-2014 Intel/Newshound Guru Poppy3 CALL JUST CAME IN...HE SAYS ALL FOCUS HE CAN HEAR IS THAT THEY STILL EXPECT TO FINISH THE GOI AND THE BUDGET BY TOMORROW. (WE SHALL SEE ) HE STATED THEM FINISHING THE POST AND RELEASING THE BUDGET DOES NOT GUARANTEE A RV BUT HE AND THE COL BOTH STATED THEM HAVING THESE COMPLETED SURE COMPLETES THE GROUNDWORK AND THERE IS NO OTHER REASON THAN FINANCIAL REFORM AND RAISING THE RATE FOR THEM TO BE PUSHING FOR COMPLETION. THE PEOPLE ON THE STREETS ARE EXPECTING ABADI TO GET THINGS DONE THAT SHOULD HAVE BEEN DONE YEARS AGO. THEY STILL BELIEVE ABADI WILL MAINTAIN A ALL INCLUSIVE GOI AND THE PEOPLE WILL BENEFIT.
9-29-2014 Newshound Guru Millionday CBI HAS ALSO ANNOUNCED THAT THEY WILL FUND THE ECONOMIC REFORM WITH THE INVESTMENT FUNDS IF THE GOV DOES NOT AGREE ON THE BUDGET BEFORE THE ECONOMIC REFORM IS LAUNCHED. THEY ANNOUNCED THAT THEY WOULD OPEN THE BUDGET BY OCT 1ST IN THE PRESS TO THEIR CITIZENS. [I've read that salaries have to be paid prior to EID - any truth in that?] THE GOVERNMENT STATED THAT THEY WOULD PAY THEM BEFORE THE HOLIDAYS BUT NO THEY DONT HAVE TO -- THE CITIZENS ARENT GOING TO LIKE IT IF THEY DONT. [how can the cbi be so bold to open up the reforms when the gov demanded them not to?] THEY ARE INDEPENDENT AND ACTUALLY THE GOV IS ASKING THEM TO OPEN ALL ECONOMIC REFORMS NOW. THEY HAVE ALL RIGHTS TO APPLY THE EXCHANGE RATE. [post 2 of 2]
9-29-2014 Newshound Guru Millionday THE AMENDMENTS ARE DONE -- THE PARLIAMENT WILL MEET ON TUESDAY AND THE AGENDA IS INCLUSIVE OF THE BUDGET...BUT THEY HAVE ALSO SAID THEY HAVE AMENDMENTS THAT THEY WILL NOT LOOK AT UNTIL AFTER THE HOLIDAYS -- SO WE WILL WAIT. THE KURDS ARE VERY HAPPY WITH THE BALANCING OF FUNDS AND PREPARATION...THE BUDGET IS READY AND WILL BE BEFORE PARLIAMENT SO THEY CAN MOVE FORWARD. [when the kurds are all in agreement with the gov then HCL is done? This and erbil I see as holdups.] IT HAS TO BE ACTIVATED -- WITH EVERYTHING ALL AT THE SAME TIME -- THERE IS NO HOLD UP AT ALL WITH THE HCL. [post 1 of 2....stay tuned]
9-29-2014 Newshound Guru Chattels watch to see who the interior minister will be...it appears that Ameri is Maliki's man and if Ameri is "in" then Abbadi has his hands full with the influence of Maliki in his government.
9-29-2014 Intel/Newshound Guru Poppy3 WE HAVE SO MANY THINGS HAPPENING THE RATE HAS TO HAPPEN ANYTIME NOW. ...GOT A CALL 5AM IN IRAQ AND THEY SAID BOMBING HAS ALL BUT STOPPED IF ISIS AND THEY ARE EXPECTING TO SEE RATE ANYTIME. [a call from who?] FRIEND THAT LIVES 3 BLOCKS FROM OUR EMBASSY.
9-29-2014 Newshound Guru tlm724 Article quote: "According to Najib, the "head of the government committed itself to solving the outstanding problems with the Kurdistan including the salaries of the staff of the region", and followed that "negotiations and dialogues between the federal government and Kurdistan is still ongoing, and in the case to reach an agreement, it will accelerate in the enrollment Minister Kurds cab of government." it is all coming together! not quite as quickly as we wanted but still it's tremendous progress for sure. Quote: "in the case to reach an agreement, it will accelerate in the enrollment Minister Kurds cab of government." that would be an inclusive GOI!
9-29-2014 Newshound Guru Chattels [when does the holiday end?] Istani says that the holiday begins on the 5th, the Kurds have declared the 8th...the CBI shows the Eid as a four day holiday...the Kurds are talking about a full week...so like many things in Iraq, there is no uniform or universal answer to your question.
9-28-2014 Newshound Guru Millionday THEY ARE SAYING...THAT THIS IS THE TIME THAT THEY NEED TO TAKE TO MOVE TO THE ADVANCEMENT OF THE NATIONAL ECONOMY...NOTHING IS BEING DELAYED AND...THEY ARE MOVING FORWARD WITH EVERYTHING WE ARE WAITING ON...THAT INCLUDES THE MONETARY POLICY. BECAUSE OF THE BETTER SECURITY SITUATION THEY ARE CALLING THE GLOBE TO COME IN AND INVEST BECAUSE THEY ARE MOVING TO A MARKET ECONOMY...THEY WILL HAVE TO HAVE A RATE FOR THEIR DINAR BECAUSE, THE DINAR NEEDS A PRICE THAT MAKES SENSE IN ALL COUNTRIES TO DO BUSINESS WITH ALL OF THEIR COMPANIES ENTERING THE GLOBE...THEY HAVE NO TIME TO WAIT. THIS IS GREAT AND SHOWS US HOW COMPLETE EVERYTHING IS AND HOW CLOSE THEY ARE TO REFORMS BEING COMPLETE. [post 2 of 2]
9-28-2014 Newshound Guru Millionday THE GOVERNMENT PROGRAM IN ITS ENTIRETY IS BEING LAUNCHED FOR THE ECONOMIC REFORMS AND ALL REFORMS. THEY ARE SAYING THAT THIS IS THE BEST TIME AND IS THE TIME ALL OF IRAQIS AND INVESTORS HAVE BEEN WAITING ON FOR IRAQ. [do you think they will hold off until oct or even 2015?] I DONT KNOW THE DATE ...BUT THEY SEEM TO BE IN A MUCH BIGGER HURRY THAN 2015 DUE TO THE BUDGET BEING DONE FOR THE REST OF THIS YEAR. ...EXPERTS TO HELP ACTIVATE THE BANKING FOR THE PRIVATE BUSINESSES/SECTOR HAS BEEN CALLED TO THE BANKS TO WORK TO SUPPORT THE DEVELOPMENT OF IRAQ...BANK PREPARATION. [post 1of 2....stay tuned]
9-28-2014 Intel Guru TNT Tony Good times are on the way (great news today). Be ready so you don't have to get ready.
9-28-2014 Intel Guru EXOGEN SOMETHING HUGE DID HAPPEN, LIKE MEGA GIGANTIC 4 REAL!!! 100% IN OUR FAVOR...CROSSED THE POINT OF NO RETURN NOW IT LOOKS LIKE...
9-28-2014 Intel Guru TD Comments to share with my Kurdish friend (As always treat all with rumor). He points out a very interesting development worth noting and that is the NEW 10K note is NOT available outside the controlled areas within Iraq. I've checked with several suppliers and this is the case and NO ONE indicated they will have them. VERY INTERESTING since the exchanging of these new notes has been going on (in house) for some time now. He further indicates that shortly here in October the CBI will release a confirming article of the newly enhanced security notes of 5K, 25K and 50K all due for release in the next 90 days although a precise date is unclear at this moment. It will be MOST TELLING if these new notes also will not be available for purchase outside the controlled areas within the country as well.
9-28-2014 Newshound Guru Chattels the CBI has yet to correct what appears to be an identical post for Sat and Sun auctions and there is no updated market price for the last three auctions.
9-28-2014 Newshound Guru Lojak Article: "Party Barzani: Kurds Ministers will then be sworn before Eid al-Abadi and pledged to implement the demands of the region..." Quote: "Announced the Kurdistan Democratic Party led by President of Kurdistan, Massoud Barzani said "the Kurdish minister in the federal government will perform the constitutional oath before the holiday of Eid al-Adha." If this ends up being true, then we are really looking good folks...This is what needs to get the whole ball rolling...
9-28-2014 Newshound Guru tlm724 Article quote: "the central bank has taken several measures to develop the work of the Office of the Money Laundering Reporting where he was completing amend the draft law on combating money laundering and terrorism financing by the IMF..." the CBI has this covered and they are implementing all the necessary measures to comply so they can move forward with the economic and currency reform! ya gotta love that!
9-28-2014 Intel/Newshound Guru Poppy3 NEWS IS GOOD NO SETBACKS AT ALL WE JUST HAVE TO WAIT AND WATCH FOR FURTHER PROGRESS. THE HCL AND 140 BOTH REQUIRE THE RATE BEFORE THEY CAN BE IMPLEMENTED. I HAVE ALWAYS SAID THESE WILL BE ALMOST SIMULTANEOUS IN TIMING. 3 TO 4 DAYS FROM TODAY EXPECT TO HAVE ALL MINISTERS SEATED, THE BUDGET PASSED AND THE BANKING LAWS BASKET VOTED ON. THESE ARE WHAT THE DEADLINE WAS SET TO INCLUDE/ TIME WILL TELL VERY SOON.
9-28-2014 Intel/Newshound Guru tman23 Rumors are saying maliki has planned a demonstration against Abadi on Sept 30th and protesters will be carrying banners for Abadi to "go" (leave office)...
9-28-2014 Intel Guru TD Additional comments to share from my Kurdish friend (As usual treat all as rumor). The CBI should be releasing another article within the next couple-3 weeks confirming the soon to be released NEW 5K, 25K and the all new 50K notes with the enhanced security features. The integration and exchanging (in house) will then continue as is currently being done with the NEW 10K note. Have you noticed BTW that no currency exchange locations have for sale the new 10K notes?? I've been told the various reasons why but I'll let you debate that for yourselves. Same will be true for the newly printed notes which are still on target to be released during the last quarter of this year.
9-28-2014 Intel Guru EXOGEN This is going to be an interesting day! THERE ARE 2 PLANS RUNNING SIMULTANEOUSLY 1 PLAN WE WANT, AND THE OTHER PLAN WE DO NOT WANT. Basically the FAT cats in GOI, VP's, MP's cannot get their money either, until BUDGET is passed, so there is now additional PRESSURE added... It’s the Final Countdown!
9-28-2014 Newshound Guru Millionday ALL THE CITIZENS THAT ARE TO RECEIVE PAY ARE NOT IN IRAQ -- AND ALSO THE FUNDS ARE REPORTED TO BE ON A VISA CARD AND USABLE IN AND OUTSIDE OF THE COUNTRY -- SO IF THIS IS COMPLETED THEY WOULD HAVE TO APPLY WHAT RATE THEY ARE GOING TO EXCHANGE AT AND SET VALUE AND INTERNATIONAL RATES FOR THE AGREEMENTS THAT ARE DUE WHEN THE BUDGET OPENS AND ALSO FOR THE CITIZEN AND PROVINCE DISTRIBUTIONS. SO THIS IS WHY EVERYONE IS VERY EXCITED RIGHT NOW...THE DINAR WILL HAVE TO MOVE FROM AN IMPOSED RATE TO A REALITY RATE... [post 2 of 2]
9-28-2014 Newshound Guru Millionday ...ABADI IS BACK AND THEY ARE MEETING RIGHT AWAY TO APPLY RESOLUTIONS OF KURDISTAN, IRAQ, BUDGET, AND MINISTERS. ABADI HAS CLAIMED HE IS GOING TO RESOLVE THE MINISTERS AND ALSO HAVE THE BUDGET DONE WITHIN THE NEXT FEW DAYS SO DISTRIBUTION OF MONEY DUES WILL BE MADE BEFORE THE EID FEAST...AND BY THE OCTOBER 1ST BUDGET DATE. THEY HAVE STATED THAT THEY ARE PLANNING ON OPENING THE BUDGET ON OCTOBER 1ST FOR THE DISTRIBUTION OF FUNDS. THE THREE PRESIDENTS DONT GET THEIR MONEY UNTIL THE BUDGET IS DONE AND THE IMF IS PUSHING FOR THE BUDGET TO BE DONE BEFORE EID DUE TO MONEY NEEDED. THE MEETINGS TO TAKE PLACE TOMORROW [SUNDAY] THROUGH TUESDAY...ARE ALL ABOUT COMPLETING THE BUDGET-MINISTERS-AND REGION ISSUES FOR RESOLVE. [post 1 of 2....stay tuned]
9-28-2014 Newshound Guru Chattels Article quote: "on Sunday, the fifth of October next, will be the first day of Eid al-Adha." the Eid al Adha holiday is four days according to the CBI website.
9-28-2014 Intel/Newshound Guru Poppy3 4 days till deadline date for all to be complete and be prepared for the rate change. THEY HAVE SET THAT GOAL AND VOWED TO MEET IT. TIME WILL TELL AND I AM SURE THEY WILL USE EVERY MOMENT TILL IT IS COMPLETED. MALIKI, FROM REPORTS,, WAS PHYSICALLY REMOVED FROM THE PM PALACE RESIDENCE THIS MORNING. THIS IS JUST ONE MORE STEP TO THE COMPLETION OF THE GOI. THEY ARE TOTALLY DISREGARDING ALL RELIGIOUS DAYS AND WORKING TO COMPLETE WHAT HAS TO BE DONE TO IMPLEMENT FINANCIAL REFORM . ALL I CAN SAY IS OUR MONEY IS COMING.
9-28-2014 Newshound Guru OOTW TRUE, GOVT'S HAVE CHANGED THEIR CURRENCY VALUE DURING TIMES OF OCCUPATION. SO AT BEST, TO ME, IT'S A 50/50 CHANCE RIGHT NOW. WE HAVE TO GET THE STATE BANKS PROTECTED FROM TERRORISM. TO ME, THAT'S JUST PLAIN SENSE. AND THE PRIVATE BANKS HAVE TO BE SECURED. IT IS NOT AT ALL PLEASANT FOR ME TO SAY I THINK WE HAVE TO WAIT LONGER. IT'S ONLY MY HUMBLE OPINION. [post 3 of 3]
9-28-2014 Newshound Guru OOTW IF IRAQ ONLY HAS TWO YEARS TO DEVELOP THEIR PRIVATE SECTOR - THEN, SUBSEQUENTLY, THEY NEED INVESTMENT AND BANKING LAW FORMATION AND IMPLEMENTATION ASAP. THEY WANT STABILITY IN THE REGION - EX; ISIL STILL CONTROLLING MOSUL AND THE BANKS THERE. HOW CAN THE CURRENCY BE STABLE WITH THE COUNTERFEITING AND LAUNDERING. LAUNDERING IS THE PRIMARY OBJECTIVE TO CONTROL AT THE MOMENT. [post 2 of 3....stay tuned]
9-28-2014 Newshound Guru OOTW [new guru] I BELIEVE THE NEXT WTO CONSULTATION FOR FULL ASCENSION (IRAQ) IS TO BE IN 2016. IRAQ WOULD NEED AN INTERNATIONAL RATE PRIOR TO THAT AND SIGNIFICANT PRIVATE SECTOR DEVELOPMENT. SO IF THEY NEED PRIVATE SECTOR DEVELOPMENT PRIOR TO THAT CONSULTATION WHAT DO THEY NEED? THEY (IN LARGE PART) NEED INTERNATIONAL INVESTORS. WHAT DO INTERNATIONAL INVESTORS NEED? THEY NEED MUCH BETTER LAWS/REGULATIONS TO PROTECT THEIR MONIES INVESTED IN THE COUNTRY. [post 1 of 3....stay tuned]
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