Chat Room – News Excerpts & Highlights
ALON says():Question to the group: I’ve read recently that the “brothers” (Iraq and Iran) should be “valured” within a close range of each other…Is the current Iranian currency on the world market and if so, what is its rate?
Is the “popular group” in various articles referring to the ****e “brothers” who are destuned to become heavy trading “brothers” and not just in USD or IQD but with the return of sanctions ( due to breaches in the Obama negotiated Iranian agreemen)in material goods too. Do any memebers see a possible connection on a link in “value” consideration between the too?
Zig says():You are reading too much Guru BS…IMO
Doug_W says():I agree Zag just stay here and read from this site we cover ALL the correct news 🙂
Doug_W says():and Alon split
Zig says():The rial has less value than the dong…lol
scottiegirl says to clay():Good to see you too. I am well and hope you are also. Ready for this to get rolling!
clay says():4 sure
clay says():seems to just drag out even though the great news
scottiegirl says to clay():Oh my! The news has been amazing! I’m just ready is all as I’m sure most of us in here are. 😉
scottiegirl says to clay():In all the years I’ve been in this, I’ve never seen this kind of news cycle….EVER! It’s close for sure!
clay says():I pray we are its true we’ve never seen movement like this which is great
Zig says():”It’s close for sure”….Guruspeak…LOL
scottiegirl says to Zig():Not even a little
scottiegirl says to Zig()::no
Zig says():Nothing is ever “sure” about any speculative investment….
Doug_W says to Zig():Awww let us dream
Elilali says():the speculation is to do with the “when” not “if”
scottiegirl says to Zig():Seriously? It’s not to be taken in stone. I’m just making my own personal observation based on the news. I know there is no certainty in this deal.
Elilali says():the danger, is that the “when” could be a while…. but it happening in general is simply not in question. The US didn’t invest a trillion dollars … with no hope of return… that’s simply not how the world works
clay says to Elilali():GM 🙂 I’m with you there
Zig says():It is always “if” in “any” speculative venture….IMO….but I am optimistic
Elilali says():well if the “if” fails, then Iraq is going to have about a thousand international bookies at their door with a baseball bat
clay says to Elilali(9:34 AM):exactly
scottiegirl says():Never been referred to as “guru speak” in all the years I’ve been in this. Funny….I don’t listen nor read that BS. s43
scottiegirl says():Ya’ll have a blessed day…..I’m gone to make a living.
Doug_W says():be well
clay says to scottiegirl():have a great day
Zig says():You look angry…gulp…lol…that’s just a favorite line of “Gurus”….”We are close”…take it easy…
clay says to Doug_W():hey bud
clay says to Zig():its time to sell your dinar
Zig says():LOL…I bet I have more Dinar than most in this investment…s69
clay says to Zig():then don’t try to bring everyone that needs this down…please
clay says to Zig():People need hope
Zig says():Relax….I just live in the real world
clay says to Zig():am relaxed just don’t come in here if gonna be negative keep remarks to yourself
Zig says():LOL
clay says to Zig():if nothing good to say best not to
Zig says():Wow….reality is not negativity
Mudder says():LMAO
Zig says():If I were “negative” I would definitely get rid of my Dinar…I am optimistic but realistic
clay says to Zig():ok
Zig says():I was taught a long time ago by a seasoned speculative investor….”Leave your emotions out of your investing”…..
Zig says():Okay…I am optimistic…as to how “close” anything may be…nobody knows…I sure hope it is this “year”…take care!
Mudder says():Clay… You can come out now….lol
clay says():I don’t hide :rotfl I had a patient
Okie Dinar says():Police chief says forces invade another district in western Mosul Iraqi government forces advanced towards a new district in western Mosul on Thursday, continuing a push towards the IS-held Old City from the northwest.
Federal Police chief, Shaker Jawdat said in statements that the Interior Ministry’s Rapid Response forces, backed by Federal Police armoured vehicles, made an incursion Thursday at al-Ektesadiyn district, an area to which Islamic State fled over the past few days as Iraqi forces advanced, according to field commanders.
The troops are moving across the district’s northern section, while dozens of armoured vehicles and hundreds of snipers trained for night-time battles were deployed at those areas, putting the militants under siege, Jawdat said.
Okie Dinar says():U.S. to arm Syrian Kurds fighting Islamic State, despite Turkey’s ire
Despite fierce opposition from NATO ally Turkey, U.S. President Donald Trump has approved supplying arms to Kurdish YPG fighters to support an operation to retake the Syrian city of Raqqa from Islamic State, U.S. officials said on Tuesday.
Ankara views the Kurdish YPG militia, fighting within a larger U.S.-backed coalition, as the Syrian extension of the Kurdish PKK militant group, which has fought an insurgency in southeastern Turkey since 1984.
There was no immediate reaction from Turkey, whose president, Tayyip Erdogan, is expected to meet Trump in Washington next week.
The Pentagon immediately sought to stress that it saw arming the Kurdish forces “as necessary to ensure a clear victory” in Raqqa, Islamic State’s de facto capital in Syria and a hub for planning the group’s attacks against the West.
“We are keenly aware of the security concerns of our coalition partner Turkey,” Pentagon spokeswoman Dana White said in a statement as she traveled in Lithuania with defense secretary Jim Mattis.
“We want to reassure the people and government of Turkey that the U.S. is committed to preventing additional security risks and protecting our NATO ally,” White said.
The United States has long directly supplied arms to the Arab components of the so-called Syrian Democratic Forces, which include YPG fighters. White said Washington would still prioritize supplying those Arab fighters within the SDF.
One U.S. official, speaking on condition of anonymity, said the equipment for the Kurdish fighters could include small arms, ammunition, machine guns, armored vehicles and engineering equipment.
Equipment provided to the SDF would be limited, specific to a mission and provided “incrementally as objectives are reached” White said.
STRAIN ON ALLIANCE
The U.S. alliance with Turkey has proven decisive in the battle against Islamic State in Syria, providing the coalition with access to Turkey’s Incirlik air base to wage strikes against the militants, officials say.
Mattis, speaking before the announcement to reporters in Denmark and after talks with coalition members, sounded upbeat about working through tensions with Ankara.
“Our intent is to work with the Turks, alongside one another, to take Raqqa down, and we’re going to sort it out and we’ll figure out how we’re going to do it,” Mattis said.
Mattis called Turkish Defense Minister Fikri Isik on Tuesday, the Pentagon said. It was unclear how Isik responded but the Pentagon said that both “affirmed their support for peace and stability in both Iraq and Syria.”
The decision to arm the Syrian Kurds will likely cast a shadow over Erdogan’s visit to Washington, policy experts said.
“There have been bad episodes in the relationship between the United States and Turkey, but this one is serious because it gets to the heart of Turkish security priorities,” said Bulent Aliriza, director of the Turkey project at the Center for Strategic and International Studies in Washington.
“You’ve now got a question mark over the U.S.-Turkish security relationship that is pretty serious,” Aliriza said.
Ankara had long argued that Washington should switch support for the planned assault on Raqqa from the Kurdish YPG militia to Syrian rebels Turkey has trained and led against Islamic State for the past year.
But the U.S. administration was skeptical that the Turkish-backed force was large enough or sufficiently trained.
White appeared to allude to that conclusion when she said: “The SDF, partnered with enabling support from U.S. and coalition forces, are the only force on the ground that can successfully seize.
Okie Dinar says():Raqqa in the near future.”
Saleh Muslim, co-chair of the Syrian Kurdish PYD party, the YPG’s political affiliate, said the U.S. decision was expected.
“The Raqqa campaign is running in parallel with the international coalition against terrorism. It’s natural that they would provide weapons” to the SDF and the armed groups fighting as part of it, Muslim said.
In a sign of recent tensions, Turkish warplanes carried out air strikes against Kurdish YPG fighters in northeastern Syria and Iraq’s Sinjar region late last month, killing less than 30 fighters, according to one estimate.
The United States has played down Turkish accusations of links between the YPG and PKK. Ankara believes the YPG’s advances will fuel anti-Kurdish sentiment in predominantly Arab parts of Syria such as Raqqa, and threaten Syria’s territorial integrity.
Okie Dinar says(): ^^^ Both from Larry 🙂
Okie Dinar says():Dinar Updates – “News Time” w/MadScout & The DU FaceBook Crew!!
May 11th – 6:30 pm CST – In the DU Chat Room!!
Okie Dinar says():International Development Bank (IDB) is granted a membership license to MasterCard International
The International Development Bank (IDB) on Thursday held the signing ceremony for the contract for the granting of a basic membership license to MasterCard Worldwide in Baghdad.
The Chairman of the Board of Development Bank Ziad Khalaf in his speech during the signing ceremony of the contract and attended by “Economy News”,
we look through this partnership with international institutions to promote the reality of Iraqi banking and introduce the latest banking electronics and provide the best services to our customers according to the mechanisms and standards set by the Central Bank of Iraq.
He added that the bank obtained the license of the electronic card in 2016 according to the requirements of the Central Bank, noting that our bank is ready to cooperate with banks to serve the revolution of banking technology and the creation of new services to be included within the work of the banking system.
Ziad noted that the Development Bank has managed to acquire a large share of the total domestic trade and banking market by having a wide branch network of 13 branches covering most of the major provinces in Iraq, including the Kurdistan region.
Mr. Bassel Al-Tal, General Manager, MasterCard Middle East, said: “The key to the world is to provide a balance of high credit with exceptional spending power and to provide the best international and local services and discounts for MasterCard card users,
” adding that after receiving the card, Daily bookings, travel and entertainment offers around the world, as well as special features for business travelers from hotel and tourist bookings, discounts for purchases and exclusive travel offers to luxury resorts around the world.
On the other hand, the Executive Director of the Association of Private Banks Ali Tarek, that the private banks to access and use of modern banking techniques and introduce them within the banking business, noting that this step is a major banking achievement to develop banking and introduce modern technology to serve customers.
He pointed out that the Central Bank of Iraq and the Association of Private Banks are keen to encourage banks to use modern technologies to keep abreast of developments in other foreign banks.
Okie Dinar says():Specialists: Activating the tax system is more beneficial than deductions of employees’ salaries
With the adoption of the budget of 2017 and the adoption of the government austerity policy and the imposition of taxes on state employees, did not calm the feelings of resentment and criticism in various popular and economic circles, and with the return to reduce the proportion of those deductions from 4.8% to 3.8% for reasons that are still so vague,
despite Of the increase in oil imports according to the high oil prices compared to what was estimated in the budget law for the current year, describes economic specialists, those steps without deliberate, and not only “tickle the emotions of the people” means the start of the race for the election,
The citizen is the victim of every financial hardship Or deficit in the budget, while not subject to taxes businessmen and contractors who have large incomes, and this in itself a big mistake.
According to economic expert Salama Smisem in an interview with (Al-Mada), the deductions of salary rates and then the cessation of deductions, is one of the steps that have not been subject to study and economic planning, follow up:
which clearly indicates the imbalance in how to issue economic decisions, The most ominous of the justification given to those decisions, wondering whether it is reasonable to stop the deductions is due to the improvement of the financial situation of Iraq because of high oil prices ,? Are we in “Alwa” to sell vegetables, we sell and receive money to go to salaries and wages.
“If so, how can we offer to borrow from the World Bank, and the last of these loans was a few days before the above decision,” she said. “All this indicates that the policy of” tickling the emotions of the people “has already begun.
Pre-emptive propaganda preparatory to the elections and nothing else, explaining: The matter here has nothing to do with the performance of the economy as they claim.
The economist pointed out that this economic policy, especially with regard to the effects of loans and their economic consequences, which will be paid by the next generation and their children will be dire.
Significantly, we are working according to the principle of “pay what is in the pocket brings you what is in the unseen”, a concept that does not serve the Iraqi economy and the citizen in the long term “He said.
Okie Dinar says():After the parliamentary finance committee in previous statements, the financial budget for 2017 sent by the government to the House of Representatives included deductions from the salaries of employees and retirees, after the budget in 2016 3%, has become in the budget of 2017 4.8%, according to the Committee, the paragraph deduction 3 And the remaining 1.8% of the deduction is added to the other expenses,
“and it does not know where the money goes 1.8% of the intermittent, re-announced on 27/4-2017 the need to deduct the salaries of employees as approved in the general budget for the year Due to the rise in international oil prices Voting on reducing the rate of deduction of state employees from (4.8%) to (3.8%).
On the other hand, the economic expert in the name of Antoine, in an interview with (extent), unfortunately, that whenever there is a financial crisis or budget deficit, the government resort to borrowing or deductions, and was supposed to expand the tax container. But it is not at the expense of the employee and this is a big mistake,
but it must be at the expense of entry that is not taxable. Continuing: When we want to apply the system of deductions to expand the tax base must be those who do not pay taxes, such as businessmen and contractors, who do business and have a large entry but not subject to taxes.
Antoine said: There are direct and indirect taxes and the citizen in all cases is the victim of decisions to apply direct and indirect taxes, there is very little category covered. Mirdafa: In contrast, there is a failure to provide inaccurate statistics on those covered by the tax system and not covered.
According to specialists, the budget of 2017 included the rate of deduction and taxes on the simple citizen, which means that there is a problem facing the decision-maker in cases that relate to increasing the burden on citizens, such as raising subsidies or reduce salaries or impose new taxes, which comes for several reasons including The miserable achievements and corruption of previous governments.
The House of Representatives voted on 24-10-2016 during its 25th session of the Legislative Chapter for the third legislative year on the adoption of the Budget Law 2017, worth more than 100 trillion dinars and a total deficit of more than 21 trillion dinars.
http://www.dinarupdates.com/showthread.php?49061-Specialists-Activating-the-tax-system-is-more-beneficial-than-deductions-of-employee
http://www.dinarupdates.com/showthread.php?49050-Thursday-May-11-2017
