Chat Room – Excerpts & Highlights
NEWSTIME WITH BGG & Guest Friday, September 9, 2016
dinarstudent says():my first newstime ….
BGG says():Mine too. WEEEEEEEEEEEEEEEEE!!!
MadDScout says():LOL
dinarstudent says():pop the champagne and bring in the cigars
magnetlady says():Im here BGG ready to go when you are.
BGG says():I guess I’m ready…
you all ready??
dinarstudent says():i am
JETSET says():(Tp)
Dinarian1 says to BGG():Just in time… Yes Im Ready!
MrsBGG says():Okay, it’s News Time!! Whoo hoo!! You’all know the drill, please use your ?, if you have a question or comment; It makes it easier on the copiers and those following and reading; Thank you for your understanding!!
BGG says():OK – MadScout… you here??
MadDScout says():Yes Sir
BGG says():P.S. for those who haven’t figured it out yet – Mad Scout is my guest tonite – and we have a GROUP of very special guests for the call later.
BGG says():should be good.
BGG says():There is just so much to talk about these days – what do you see the last day or so that interests you??
MadDScout says():Ready?
MadDScout says: From Romello: World Bank offers to Iraq to see funding for economic development 09/09/2016 14:06 pm (Baghdad time)
Baghdad balances News Economic Adviser to the Prime Minister predicted the appearance of Mohammed Saleh, said Friday that the World Bank loan does “affordable long-term” for Iraq end of the year 2016.
Saleh said in an interview during his participation meetings of Iraq with the current in the Jordanian capital Amman International IMF mission, said that “the World Bank mission that involved meetings provided the vision of funding for economic development in Iraq for the soft loan of about three billion dollars paid in stages, low interest and very long-term repayment, “noting that it comes in” the framework of a program for financing development in Iraq. ”
Saleh added that “the World Bank between the activities targeted by the loan, is the support of the **federal budget in line with the economic reform paths and a document of reform launched by the Prime Minister,” stressing that “the loan will be spent over three years to coincide with the reformist trends in the activities of government management reform and modernization of payment systems and the social security and the fight against corruption and other things. ”
stressed that “the loan payout after the completion of understandings with the World Bank on the road map, which is consistent with the paths of economic reforms,” expected to “be executed loan to Iraq by the World Bank end of the year 2016”.
It is noteworthy that Iraq is currently engaged in the first review of the Stand-By Agreement with the IMF mission negotiations in the Jordanian capital, Amman, in order to complete an IMF loan during the current year 2016, “.
Read More http://www.dinarupdates.com/showthread.php?40674-World-Bank-offers-to-Iraq-to-see-funding-for-economic-development-09-09-2016
BGG says(): HUGE piece from a lot of different angles…
Zebari may well be there… but Saleh is too…
Zebari could well be there trying to stay in the conversation is all..
it is being reported, his dismissal is imminent.
MadDScout says():I saw him there and questioned Have seen that also
BGG says():I think what will happen to him will happen no matter where he is.
MadDScout says():Agreed Do you want another report?
BGG says():and I don’t think it will cause any “DELAY” – in fact, Iraq adhering to the “reform paper” launched by Abadi and instigated (as in the above article) by the IMF/WB makes it appear as though this corruption clean-up may well speed things up if anything at all..
I think I want to stay on this one for a bit…
MadDScout says():I think the rest of the ministers may help also
BGG says():l read a couple of excerpts from a 2010 article – an interview with Saleh (the same guy as above) on the “Deleting the Zeros” project.
(on the call…)
“…Mohammed Saleh, said that this year will see the start of the process of deleting the zeros , stressing that the bank has completed 50% of the preparations that are working on since 2005…”
(that was 2010 – probably before Shabibi was ousted)
dinarstudent says():will this bombing today delay us
BGG says to dinarstudent(): Highly doubt it.
Pablo says():How much more to this Mosul operation is left to go?
dinarstudent says():ok thank you .
BGG says to Pablo():mostly the politics. ISIS has been planning to leave for some time.
Pablo says():A lot of them have already left.
BGG says to Pablo():Yes they have.
BGG says():Getting a piece of News – BRB
dinarstudent says():does mosul have to be free of isis before a change in value ??({)
BGG says():Doesn’t have to…
but at the very core of all of this is world support of Iraq.
dinarstudent says():ok thank yo
BGG says():They IMF, WB and UN all want to support Iraq (and recognize whatever value they eventually apply to the IQD).
but it appears they have given Abadi some very direct guidelines and “advice” on how to proceed. There is no doubt this included them putting their squabbles aside and moving on ISIS.
david334 says to MrsBGG():Today the mkts got hammered if this gathers steam does that make the revalue more difficult. It seems that they would want smooth seas
MadDScout says():Barzani: the attack on Mosul plans in place, and may begin next month [Extended]
2016/9/9 20:40 [Oan- follow-up] President of the Kurdistan region, Massoud Barzani, said, on Friday, the military plans to restore Mosul of al Daesh, ready and that will probably restore the city before the end of the year 2016.
Barzani said in a television interview with [France 24], that the army and Kurdish Peshmerga forces will implement the attack with the support of the coalition led by the United States but not yet the role of the armed factions, pro-government determined.
He added without elaborating: “There were multiple meetings between the leaders of the Peshmerga and the Iraqi army leaders finally agreed on a military plan and the role of each party.”
Barzani pointed to, that the timing of the attack on Mosul, which lies 360 kilometers north of Baghdad, has not yet been determined although Iraqi leaders said the attack could begin by late October at the earliest.
Since then, the peshmerga forces entrenched on the eastern and northern outskirts of the city while the Iraqi forces made retrained to Qayyarah, 60 km south of Mosul last month.
Barzani said he has not yet been given the role of the popular crowd and national crowd] led by the governor of Nineveh article Liberation of Iraq accused the fall of Mosul, which has pledged to participate in the attack.
“The popular crowd or national crowd, the subject of this there must be an understanding between these forces and the inhabitants of Mosul area, which currently does not exist, yet it does not exist, but it is necessary to find an understanding and agree on the role of each party.”
Asked whether the possible restoration of the city before the end of 2016 the region’s president, “said possible but as I must prepare for the post of Mosul.”
And “for us is very important that there should be a definite guarantees so that this tragedy will not be repeated in the future, we must agree with Baghdad and with the people of the region as well, how to ensure non-recurrence of what happened?”.
MadDScout says(): http://www.dinarupdates.com/showthread.php?40666-Barzani-the-attack-on-Mosul-plans-in-place-and-may-begin-next-month-Extended
Pablo says():Am I right in remembering that Iraq can’t get any more loan money until they finish their economic reforms, includng the RV?
BGG says to david334():I wouldn’t worry – the markets are Waaaaaay up – remember the market jibberish over the Brexit?
MadDScout says to Pablo():They are not getting any new loans
Pablo says():No? I thought they were supposed to get two more before Jan?
MadDScout says to Pablo():they are working on finalizing the ones they already have promise on
Pablo says():OIC.
MadDScout says to Pablo():Yes the next 2 installments are before end 2016
BGG says to MadDScout():Isn’t the Amman thing a review on how they are doing – complaince wise regarding the next installments of the first loan.??
DIGIman1 says():Whats your feeling on the parliament’s progress? it seems their priorities are a little off sometimes… another big break until the 20th now?
MadDScout says to BGG():Yes but have already given the dates of the next installments
2 before end 2016
Elane says():sorry for butting in.. can you recall the dates of those installments? if not no worries!
MadDScout says to DIGIman1():Not sure of the question?
BGG says to DIGIman1():They are doing fine… SLC is all twisted over the Amnesty bill – but that is to be expected, it’s going to happen. Lots of Sunnis in jail… nearing a human rights debacle.
david334 says to MrsBGG():Whats up with barzanni pushing for full independence
BGG says to david334():Rhetoric… all talk.
DIGIman1 says to BGG():thank you
BGG says to david334():they don’t have the money.
MadDScout says to Elane():I don’t have them in front of me but I want to say oct and dec
david334 says to BGG():Thanks
Elane says to MadDScout():Thanks so much
MadDScout says to Elane():YW
larrykn says to MadDScout():do you think they will give those loans without iraq completing what the IMF needs done
MadDScout says to larrykn():No Sir
larrykn says to MadDScout():a full reform
MadDScout says to larrykn():Iraq and the IMF know what they are working on and according to reports all is “on schedule”
flint says():so what’s up with France coming out in support of Kurd independence?
larrykn says to MadDScout():I agree thats why I’m feeling good about things
MadDScout says to larrykn():smile
BGG says to flint():Who cares – they still don’t have the money.
MadDScout says to flint():There are many countries supporting Kurdish independence
BGG says to flint):they can want it til’ the cows come home – they have to pay for it…
Elane says():coment… nevermind it was JUST answered
BGG says to flint():most of the support is just “happy rhetoric”… and it keeps the thug Shias in Baghdad on their heels
dinarstudent says():OK
dinarstudent says():i am confuse why is oct 1 so important for this ?
david334 says to MrsBGG():Yes how are the CBIs FX currency reserves doing?
BGG says():Hey gang – we’re going to shut this down in about 10 min. – gotta’ get ready for the call
get your ??’s out now
MadDScout says to dinarstudent():Who mentioned it?
BGG says():load it up!!
BGG says to dinarstudent():It’s not – particularly.
MrsBGG says(7:07 PM):
“Dinar Info – TONITE!!”
Friday – “After Call” – w/BGG
& “Special Guests” – 8:30pm EST
641-715-3640 pin#528733
BGG says to dinarstudent():all good though.
seadreamer says():For Mr White.You mentioned the only way to lower the prices of goods in Iraq is to increase the value of the dinar outside of Iraq.Would you explain the process and how that works?
BGG says to seadreamer():Whoa – whoa – whoa
he’s not here tonite
seadreamer says():R Cookie?
BGG says to seadreamer():Nope
DIGIman1 says to seadreamer():check out the last call they did….all that is in there
BGG says to seadreamer():this is BGG and MadScout nite
seadreamer says():thanks
dinarstudent says():is this call recorded .
BGG says to seadreamer():That is true – hit THE BLOG…
http://www.dinarupdates.com/blog/
there is a call banner on the right side. Click it. from the 7th…
seadreamer says():thanks BGG
BGG says():5 min warning.. here it is.
MrsBGG says to david334():okay sounds good!
Read More :http://www.dinarupdates.com/showthread.php?40676-NEWSTIME-WITH-BGG-amp-Guest-Friday-September-9-2016
BELOW IS CHAT AFTER THE CALL:
goldenbear says():Did anyone see this today??? “”Article quote: “Due to security and stability reasons with the war with ISIS we are postponing the project to delete the zeros until early 2017”.
JETSET says to goldenbear():i had not seen that.
goldenbear says():A friend of mine sent it to me and I thought I would bring the question to the fact finders here. Probally a guru post. Thanks! Just thought I’d ask.
JETSET says():do you have the link? who said it?
cricket22 says to JETSET():Someone sent it to me, and it’s from Mt. Goat.
JETSET says():SIGR report! very important document
JETSET says():i honestly don’t worry about it. wheteher someone says tomorrow or next year, it doesn’t really matter because it is all talk and conjecture until it actually happens.
JETSET says():thank you for the info though
goldenbear says():THANK YOU!!!!
JETSET says():bgg has said many tims that even the news had to be taken with a grain of salt sometimes because of who is doing the talking or what iraqi media outlet it comes from.
1bobby says():Zebari in Amman to Iraq to complete talks with the International Monetary Fund
Date 09/09/2016 – 16:59 Economy News / Baghdad … Ministry of Finance announced on Friday for the arrival of its minister, Hoshyar Zebari, to the Jordanian capital of Amman to complete the international consultations between the government and representatives of the International Monetary Fund, IMF.
The ministry said in a statement: “Economy News” received a copy of it, “Finance Minister Hoshyar Zebari arrived on Thursday evening, the Jordanian capital, Amman, to complete the international consultations between the government and representatives of the International Monetary Fund IMF”,
indicating that “took place during the last period technical talks between a delegation a government of the Ministry of Finance and Ministry of planning and the Ministry of oil and the Central Bank with the international Monetary Fund experts to review Iraq’s obligations under Stand-by program SBA with the Fund. ”
She added that “the fund under this program provided over a three-year revolving credit facility by $ 4.5 billion to Iraq to fill the financial gap and the budget deficit as a result of the financial and economic crisis in the country,”
adding that “as a result of the commitment of Iraq’s Fund program to improve public finances and rationalize the policy performance costs and increase non-oil revenues, transparency and the fight against corruption, money laundering and illegal financial management legislation and the Central Bank. ”
She noted that “the total amount to be provided by the program to Iraq within three years from the IMF and the World Bank and the donor countries and international financial institutions is around 18 billion dollars to support the economy and financial Iraq,”
adding that “the Fund provided last July initial financial push for Iraq amounted to round about 640 million to support the budget, is scheduled to receive another batch of Iraq and by $ 640 million in the month of November 2016 the implementation of fiscal and economic reform plans established in the financial and economic policies of the memorandum. ”
And participate in the talks, Mr. Governor of the Central Bank and Financial Advisor to Mr. Prime Minister and a number of general managers and experts in the Ministry of Finance and Planning and the Central Bank.
Read More http://www.dinarupdates.com/showthread.php?40656-Zebari-in-Amman-to-Iraq-to-complete-talks-with-the-International-Monetary-Fund
JETSET says():Could it be that there is another Shabibi sighting???
here is the link to the picture we are talkiung about
http://www.iraqakhbar.com/business-news/56312.html
larrykn says():looks like him to me
cricket22 says to JETSET():Looks like him. 🙂
JETSET says():i believe it is him.
JETSET says():it makes sense that he would be there
JETSET says():[7:50 PM] JETSET: SIGR report! very important document
daytrader says():I think this man is heavier than Sabibi. Compare him to a known picture of Shabibi on this link.
https://www.facebook.com/Sinan-Al-Shabibi-100343140100068/photos
cobalt says to JETSET():agree ……Shabibi
JETSET says():just because parliament is not officially meeting doesn’t mean they arent meeting….
lelam says():nope it is not
JETSET says():i agree that he doesn’t look exactly the same as shabs from his CBI days but the article from earlier this spring mentioned that it was him specifically… that is what adds to the speculation.
cobalt says to lelam():thanks
cobalt says to JETSET():
lelam says():your welcome
JETSET says():here is the article from April
http://thepeninsulaqatar.com/public/business/middle-east-business/331194/iraq-in-talks-with-imf-no-decision-yet
1bobby says():It most definitely could be him. He’s employed by the IMF and I’m sure they are using his expertise in dealing with the inner workings and the players in Iraq. Will he come back as being in charge of the CBI? Doubt it JMO
1bobby says():In the article it states meeting with IMF Reps…..he is a rep 🙂
daytrader says to JETSET():Good job. I think you’re correct. The facebook pic must be from much earlier. Thanks
dwightj says():SHABBS IS NOT IN THAT PHOTO
JETSET says():i’m just providing the facts as we know them… i think one could make a very good argument based on appearances as to why it isn’t him…. i certainly wouldn’t stake my life to my position that t is him! (lol)
1bobby says to JETSET():TY for that info
1bobby says to JETSET():I just wonder who’s on the other side of the tables
cricket22 says to JETSET():That is him. Thanks to JR67’s photo
cricket22 says to JETSET():They are the same
cricket22 says to JETSET():http://www.iraqakhbar.com/business-news/56312.html
cricket22 says to JETSET(): http://thepeninsulaqatar.com/public/…o-decision-yet
cobalt says to JETSET():I think it is Shabbs .with added age .01 cents
cricket22 says to JETSET():Check them both out. 🙂
http://thepeninsulaqatar.com/public/business/middle-east-business/331194/iraq-in-talks-with-imf-no-decision-yet
dwightj says():IF YOUE TALKING ABOUT THE PHOTO IN THAT LINK SHABBS IS NOT THERE
cricket22 says to JETSET():He’s wearing the same tie
cricket22 says to dwightj():Yes, he is
dwightj says():WHERE
flint says():maybe Shabibi lost some weight 😎
cricket22 says to dwightj():Ge’s right there! 😀
Texrock says():the 6th one ?
dwightj says():SHABBS IS TALL AND SLIM AND DARK HAIRED AND HE ALWAYS PUTS ON HIS GLASSES WHEN AT A TABLE ALSO WHERE WAS THAT MEETING HELD
cricket22 says to dwightj():Look at both of those
cricket22 says to dwightj():He is older now.
cobalt says to cricket22(): https://youtu.be/iJqPk8VU11E
Texrock says():I though Sabbi was bald
cricket22 says to cobalt():That’s an oldie
dwightj says():IF THAT MEETING WAS IN IRAQ ITS NOT HIM
1bobby says to dwightj():It was in Jordan wasn’t it
daytrader says to dwightj():The meeting last spring was in Kuwait
dwightj says():AND IF HE WAS IN A MEETING HIS NAME WOULD BE IN THE LINK SOME WHERE HE HAS SAID HE WILL NOT ASSUME ANY POST THAT WITH IRAQ TILL THE CBI WAS IN HIS WORDS THREE YEARS AGO PURGED OF THE CORRUPTION
1bobby says():GN all. GN Shabbs, wherever you are
JETSET says():his name is in the article from last april.
dwightj says):AND WHAT IS THAT ARTICLE ABOUT JET
bubbles says():thats the pic I find when googled
BGG says to dwightj():Shabibi doesn’t have any (or much) hair….
BGG says to dwightj():that meeting is in Amman Jordan.
BGG says to dwightj():and he does have similar glasses…
dwightj says():WHICH MEETING THE ONE FROM LAST YEAR
JETSET says to dwightj():QatarGCCMiddle EastWorldStock MarketOil Market
“Iraq in talks with IMF, no decision yet”
April 08, 2015 – 12:00:00 am
JETSET says():it may very well not be him. there is just a lot of evidence to suggest that it is…
dwightj says():OK WHERE WAS THE LAST ONE AND WHERE WAS IT
JETSET says():yesterday in jordan
dwightj says():I KNOW HE WAS WORKING WITH THE IMF AS A SPECIAL ENVOY TO JORDON KUWAIT AND THE UAE BUT HE SAID HE WOULD NOT DEAL WITH TILL THEY PURGED THE CORRUPTION
AND WHAT HE WAS TALKING ABOUT WAS MEMBERS ON THE BOARD OF GOVNERS THAT WERE IN MALARKIS HIP POCKET
Read More: http://www.dinarupdates.com/showthread.php?40615-Friday-September-9-2016/page2
BGG Blog
