Dinar Updates

Chat Room Excerpts & Highlights
​wvchsr says():   GM all
wvchsr says():   two new announcements of the CBI site:
( Statement ) from the role of the central bank supervisory and regulatory inform you that there are banks and companies licensed by the Central Bank is providing payment services through cards
02/14/2016   To / Department of Commerce / registrar of companies ( Cancel vacation prestige company to broker the sale and purchase of foreign currencies )
rcookie says():   AND OFF OF THE 1ST ANNOUNCEMENT…
rcookie says():   Central: warn users of payment cards is not licensed for legal accountability
Economy Since 2016-02-14 at 15:36 (GMT)  Baghdad — the balance of news
The CBI, warned Sunday of your payment cards users but licensed for legal accountability.
The Bank said in a statement/balance of news, “there are banks and companies licensed by the Central Bank provides payment services through the cards”, urging the public to “handle and tools issued by trading”.
The Bank said that “trading cards issued from non-licensed by the Central Bank of Iraq was illegal,” adding that “it may expose customers and exporters of these cards legal accountability.” finished 29/9 p
http://www.microsofttranslator.com/b…258A%25D8%25A9   LINK
Read More :
http://www.dinarupdates.com/showthread.php?29947-CBI-warn-users-of-payment-cards-is-not-licensed-for-legal-accountability-2-14&p=144975#post144975
rcookie says():   HMMMMMMMMMMM WEDNESDAY…
rcookie says():   Iraq, Iran to sign trade protocols
Economy Since 2016-02-14 at 13:52 (GMT)  Baghdad — the balance of news   Trade Minister Mohammed sheyaa, agency on Sunday, the Iranian Ambassador in Baghdad denaei, finalizing the trade protocol to be signed between the two countries during the visit on Wednesday, which it is hoped that by the Iranian Minister of industry and Commerce Eng boon Zadeh.
Sudan said in a statement/balance yinos/”trade protocol to be signed with Iran would have a positive impact on the economy of the two neighbouring countries.”
“Iraq is keen on establishing good relations with neighboring countries and Iraq and the Islamic Republic have distinguished relations in many fields.” finished 29/42 g.
http://www.microsofttranslator.com/b…258A%25D8%25A9  LINK
Read More :
http://www.dinarupdates.com/showthread.php?29948-Iraq-Iran-to-sign-trade-protocols-2-14&p=144976#post144976
rcookie says():   HERES ANOTHER CBI WARNING ABOUT THE CARDS TO CITIZENS AS TO VETTING WHERE THEY GET THEM FROM…..
rcookie says():   Central Bank reveals cards for payment services, unlicensed and warns holders accountability     History of edits:: 14/2/2016 16:01 •
[Baghdad – where]   the CBI revealed trading services payment cards issued from non-licensed from the bank illegally, had been customers and exporters of these cards to legal accountability.
Said in a statement received by all of Iraq [where] a copy of it, he was “out of the role of the central bank supervisory and regulatory framework, the there are banks and companies licensed by the Central Bank is providing payment services through the cards.”
He added: “We urge the public to deal with those licensed banks, companies and trading cards issue. ”
He pointed out that” the cards issued from non-licensed trading of the Iraqi Central Bank are illegal what customers and exporters of these cards to legal accountability may expose. ” is over
http://www.alliraqnews.com/modules/n…?storyid=30168  bad link
monique13 says():   Do you think the ones who are holding the “bad” cards know it…or is this going to be a surprise to some?
rcookie says():   THINK THAT IF THEY ARD TRANSACTING BUSINESS WITH UNLICENSED AND UNAUTHORIZED BANKS…THEY ARE GOING TO BE ACCOUNTABLE FOR LOSSES…SO THEY’LL LEARN PRETTY QUICK…
r
Rcookie says to monique13():  ME ALSO…LOL
Rcookie says():   OK….POSTED THIS LATE LAST NIGHT….
rcookie says():   READ VERY CAREFULLY….ESPECIALLY LAST PARAGRAPH!!!
rcookie says():   Gold guarantee economic stability
Author: Yasser incumbent  2/14/2016 0:00   Many economists and money to remain «yellow metal» believed real and basic guarantee for the economies of their countries, despite the disengagement law install paper currency gold quantities value in the wake of World War II, even though the gold wealth strategy form the consecration of the value of the currencies of countries and a guarantee of financial stability where!.
but what role they could play this precious metal in the economies of countries in light of fluctuations in world prices and what is the mechanism that determines its price ?,
Read More :http://www.dinarupdates.com/showthre…stability-2-14
http://www.dinarupdates.com/showthread.php?29928-Gold-guarantee-economic-stability-2-14
rcookie says()   this question may be a bit strange in light reassure the Iraqi Central Bank Baanaatyate of hard currency and the yellow metal on the critical situation in Iraq, but the question here about how to benefit from the gold reserves in addressing the crisis, based on the experiences of countries that founded in the light of the perceptions of experts.
Remarkably, the economist told the appearance of Mohammed Saleh of the financial distress to be solved send a reassuring and comfortable for all but the need requires the submission somewhat urgent solutions Central to the initiative by ordering gold coins may be presented to the public one way players in the required processors and thus a clear signal to the health experts estimate that gold is an effective method and a sure guarantee of economic stability.
http://www.alsabaah.iq/ArticleShow.aspx?ID=110447
http://www.alsabaah.iq/ArticleShow.aspx?ID=110447
Read More :
http://www.dinarupdates.com/showthread.php?29928-Gold-guarantee-economic-stability-2-14
rcookie says():  THAT STATEMENT IS FROM SALEH!!!!……………………..
jimplants says):   I take this to be the lower denoms and backed by gold….so go gold the greater gold is the greater the dinar value….thats a southern version
rcookie says():   REMEMBER THERE IS VALUE STAMPED ON THESE “COMMEMERATIVE” GOLD COINS…..
hunter59 says():   I like me some “yellow metal”
monique13 says to jimplants():   wheww! I’m having a hard time with Arablish…. thanks
jimplants says():  i may not be right
monique13 says():   So they are going to “order” these coins or do they already have them?
rcookie says():   ALREADY DONE…WE BROUGHT IN WHEN CBI ANNOUNCED ON 1/7/16
monique13 says():   cool!
rcookie says():   THE 1ST PART JUSTIFIES THE CBI DECISION IN BOLSTERING GOLD PURCHASE POSITION
monique13 says():   That’s great!
rcookie says():   BUT IDENTIFIES GOLD COINS ISSUANCE BEING VEHICLE TO INSTILL CITIZEN CONFIDENCE AND ECONOMIC STABILITY…
firefly_ says():   All I will say is “hard assetts”
rcookie says():   THEY NEED TO BE OFF OF MCP’S FOR ARTICLE 8
_firefly_ says):   Exactly my friend
larrykn says():   rcookie this can all happen around the same time right
Cricket22 says to rcookie():   Does Feb. look good then?
_firefly_ says():   Multiple Currency Practice
rcookie says():   123 MILLION TODAY
rcookie says to sassy():   WHATEVER DO YOU MEAN…
larrykn says():   I would think they need to get the dollar off the streets , stop the auctions and that can happen maybe the low auctions lately will do that
sassy says():rcookie small auctions lol
_firefly_ says():   If it’s in the news, it’s already happened
hub says():   larry if you were a citizen of iraq at this point would you want to remove the dollar…..now why would you not want to remove the dollar, a simple answer , the dinar has no tradable value,,, do we have an idea how to change this situation?????
larrykn says():   raise the value of the dinar, I understand that but reducing the auctions will also remove the dollar off the streets not saying all the dollar but it would be a start
BGG says():   GM GM GM – what a great time to be in this…
rcookie says to hub():   YOU WANT TO REMOVE THE DOLLAR BECAUSE ANY AND ALL MECHANISMS TO STABILIZE THE VALUE & PP OF THE DINAR AGAINST THE DOLLAR IN MARKETPLACE HAVE FAILED…..WHICH IS THE CORE VALUE PROPOSITON OF THE AUCTIONS IN THE 1ST PLACE……
larrykn says():   I really like to know how the 18% interest to get people to open bank accounts worked out
_firefly_ says to):   After all these years ….. wow !
wilson6060 says to BGG():   Amen to that
larrykn says():   gm BGG 🙂
BGG says to _firefly_():   I know – RIGHT?!?
BGG says to _firefly_():   This is GOOD Stuff.
BGG says to _firefly_():   we are watching it happen… right in front of us.
hub says():   yes get the dollar off the street, but the alternative has to be avaliable immediately, so raise the stinkin value and the dollar will disappear from iraq
_firefly_ says to BGG():   I’m still pinching myself and I know it’s happeneing
sassy says():   BGG this is great stuff IMO
BGG says():   While the auctions are still in place… take note… far more outlets & far less Dinar. There may be fraud, but it HAS TO BE LESS…
flint says():   how does tat PEG or 10:1 fit into the rate issue?
_firefly_ says to sassy():   Man …. Sadr was all over Iraq TV yesterday
flint says():   THAT
BGG says():   there are fewer opportunities for “auction fraud” when the numbers are like this…
BGG says():   soooooo
sassy says():   firefly and demanding is what I loved
BGG says(9):   they are trying (hard)…  BGG says():   and –
BGG says():   the next logical step is…  BGG says():   _ _ ??
hub says():   revalue
 
~~_firefly_ says to BGG():   Again, I remind you folks …. Their currency NEVER lost it’s value, it was turned off
larrykn says():   firefly I would love to see them turn it back on 🙂
rcookie says():   BEEN POSTING & CALLING THIS FOR OVER A YEAR..RELEVANT TO NG LAW…
BGG says to _firefly_():   Great point… I hear that boo bird argument often… it is NOT TRUE.
hub says():   do you think someone installed the light switch upside down and they think they are turning it on when there realing turning it off???????
_firefly_ says   21. The government will implement reforms on anti-money laundering and combating  the financing of terrorism (AML/CFT)
(MEFP, ¶20). This would improve the integration of the domestic financial system into the global economy and lower transaction costs, improve governance, and reduce the size of the informal sector. As a first step, the government will, by end- February 2016, draft and adopt a by-law to set up   a mechanism to comply with the relevant    AML/CFT international standards.
BGG says to hub():   Alak is that dumb!! BGG says to hub():   and…   BGG says to hub():   lately –
subgirl says to BGG():   YVW 🙂
BGG says to hub():    he has been flipping it on and off (in his panic) 😀
LLN65 says to BGG():   YW
hub says():   only reasoni thought that is i have done it hehehhehe
rcookie says():   Parliamentary Security: Abadi agreed on a draft conscription law
14-02-2016 03:43 PM  It revealed the parliamentary security committee that the Prime Minister Haider al-Abadi agreed on a draft conscription law and was waiting for her and Ssol for necessary action
The committee member said Iskandar and berries that the Commission has taken important steps on the wording of a draft mandatory service law and the benediction by agreement of the majority of its members, pointing out that the Prime Minister has agreed to the draft,
pointing out that the representatives of the Sunni component and agreed on the need for legislation such as that law leaving only the arrival drafted the Council of Ministers for discussion and approval.
http://translate.google.com/translat….faceiraq.com/
http://translate.google.com/translate?depth=1&hl=en&prev=search&rurl=translate.google.com&sl=ar&u=http://www.faceiraq.com/
Read More :http://www.dinarupdates.com/showthre…986#post144986
http://www.dinarupdates.com/showthread.php?29955-Abadi-agreed-on-a-draft-conscription-law-2-14&p=144986#post144986
LLN65 says to BGG():   we need a raise!! 😀
_firefly_ says():   draft and adopt
_firefly_ says():   draft and adopt
rcookie says():   COMPULSORY MILITARY SERVICE!!!!!!!
_firefly_ says(\):   WOW
BGG says to rcookie():   I’ll tell you who we really need in Iraq as “advisors”…
BGG says to rcookie():   as soon as they finish their “Draft/conscript service law”…
hub says():   compulsory service is a normal in that part of the world….
BGG says to rcookie(=):   we could fix all their security/military problems by loaning them about 2 dozen Marine DI’s…
BGG says to rcookie():   (Drill Instructors)…
hub says():   if jack webb were still alive, he would jerk a knot in their arrrrrsssess
BGG says to rcookie():   they have simply been “deprived” of quality instruction.
rcookie says():   ADDRESSES NON SECTARIAN MILITARY COMPOSITION…AND WILL IMPACT UNEMPLOYMENT…AND PROVIDE MUCH NEEDED SKILL SETS TO APPLY TO PRIVATE SECTOR….
BGG says to rcookie():   R. Lee Ermey style…
rcookie says():   YOU’RE N THE ARMY NOW……..
rcookie says to BGG():   (y)
BGG says to rcookie():   they would quit whining about where they are from, what color they are – or their home-town… and who doesn’t like who…
BGG says to rcookie():   two weeks of R. Lee treatment – all of that goes out the window… (whole nuther set of worries)… 😀
_firefly_ says():   Kinda sounds like NY lol
rcookie says to BGG():   UNIFIED FRONT PROMOTING NATIONALISM…..
BGG says to rcookie():   and they immediately quit tossing perfectly good weapons on the ground and running like little girls.
BGG says to rcookie():   this is the BGG solution to the ISIS problem. It’s internal.
rcookie says to BGG():   AGREED…LOVE IT!!
BGG says to rcookie():   (lol)
rcookie says to BGG():   DID YOU SEE THE GOLD ARTICLE…
larrykn says():   rcookie I saw that in passing, are they trying to raise their reserves some more?
BGG says to rcookie():   I did.
BGG says to rcookie():   Great stuff.
rcookie says to larrykn():   THEY WERE SUPPORTING THE MOVES TO BOLSTER THEIR HOLDINGS..AND USE AS VEHICLE TO INFUSE CONFIDENCE AND “HEALTH” OF THEIR ECONOMY TO THE CITIZENS…
rcookie says to BGG():   (y)
rcookie says to BGG():   TRADE PROTOCOL AGREEMENTS WITH IRAN SIGNING ON WEDNESDAY..
_firefly_ says():   Tomorrow .. kicks Karbala comprehensive Arab Trade Fair with the participation of foreign   February 14, 2016
BGG says to rcookie():   Well – gold is traditionally a “mattress” for perceived value in times of change…
BGG says to rcookie():   could be – we’ve read this wrong all along..
_firefly_ says():   Our economy / Baghdad   The Ministry of Commerce announced that “the local government in Karbala province will establish a comprehensive trade exhibition with the participation of a number of Arab and foreign companies, including (Kuwait, Jordan and England, Germany and the United States, Turkey, China and Japan).
BGG says to rcookie():   the gold articles from the past might not have been about actually retracting notes from the market – but perception alone.
BGG says to rcookie():   investor confidence…
BGG says to rcookie():   in which case, ask yourself what is the “change” they need the “gold mattress” for??

rcookie says to BGG():   WHY WOULD THEY STAMP A VALUE ON A COMMERATIVE COIN…
BGG says to rcookie():   another VERY good question.
BGG says to rcookie():   and one answer might be – if the value of the Dinar goes up…
larrykn says():   rcookie don’t we do that here ,, morgan half dollars, ect
BGG says to rcookie():   which would an average Iraqi rather have… one $ backed by GOLD…
BGG says to rcookie():   or a piece of green paper??
rcookie says to BGG():   EXACTLY..
BGG says to rcookie():   it appears this is the argument shaping up…
rcookie says to BGG():   GETTING THEM ENGAGED IN BANKING ACTIVITIES..
BGG says to rcookie():   they (and we) could be on the verge of winning that debate…
rcookie says to BGG():   WED DATE IS 17TH….HMMMMM…TRADE PROTOCOL AGREEMENTS…HAVE ANYTHING TO WITH BEING ALIGNED WITH THIS……
rcookie says to BGG():   The opening of the Iranian specialist next week in Baghdad Expo
History of edits:: 2.9.2016 12:43 • 67 visits readable
[Baghdad – where]  announced that the Ministry of Commerce, said that next week will see the opening of the second Iranian specialized exhibition on the land of the Baghdad International Fair.
And transfer to a ministry statement, received by all of Iraq [where], a copy of it for the Iraqi General Company for Trade and Commercial Services Director, Jassim Mohammed Abbas, saying that “the exhibition of the Islamic Republic of Iran second Specialist will be held under the auspices of the Ministry of Industry and Mines of Iran, Trade and International Corp. shows Iran for a period of 16 – 19 of February, in coordination and cooperation with our company. ”
Read More :
http://www.dinarupdates.com/showthread.php?29719-The-opening-of-the-Iranian-specialist-next-week-in-Baghdad-Expo-2-9
rcookie says to BGG():   He added that” this exhibition also will have sponsored the first Vice-President of the Islamic Republic of Iran Ceyhan Kerry and minister of Health of Iranian trade and with the participation of 70 different and diverse Among those companies,
the terms of reference company healthy companies and construction companies, housing, water and electricity companies and oil and gas companies and companies technical and engineering services and food companies and companies home and office furniture industry companies and cleaning companies and cosmetic companies and home appliance companies and car manufacturers. “End
http://www.alliraqnews.com/modules/n…?storyid=29683
http://www.alliraqnews.com/modules/news/article.php?storyid=29683
Read More
http://www.dinarupdates.com/showthread.php?29719-The-opening-of-the-Iranian-specialist-next-week-in-Baghdad-Expo-2-9
rcookie says to BGG():   HMMMMMMMMM……
BGG says to rcookie():   that’s right…
_firefly_ says():   including (Kuwait, Jordan and England, Germany and the United States, Turkey, China and Japan)
subgirl says to _firefly_():   (y)very interesting!!
_firefly_ says():   Quite the heavy hitters huh
subgirl says to _firefly_():   oh yes, china, Kuwait, Germany, USA?? oh yea!!
_firefly_ says():   Don’t think they are there to play dominos 😀
subgirl says to _firefly_():   😀 nope I dont think so either lol
_firefly_ says():   he general director of the General Company for Trade Iraqi and commercial services trade ministry Jassim Mohammed Abbas, in a statement received by the agency of our economy News a copy of the “Karbala exhibition which will be held for the period from the fifteenth until the eighteenth of this month, the al-Hakim Sports Hall represents an opportunity to strengthen ties between the countries, companies operating in Iraq and that the province need a lot of central allocations They need to overcome the obstacles and give sweeping powers ”
Abbas added that “participation in this exhibition Achtsastha companies will be divided between the iron industry, construction and contracting, electronics, equipment, banking and agricultural equipment.”
LLN65 says to _firefly_():   😀 nope
LLN65 says to subgirl():   😀
subgirl says to LLN65():   😀
subgirl says to _firefly_():   “participation in this exhibition Achtsastha companies will be divided between the iron industry, construction and contracting, electronics, equipment, banking and agricultural equipment.”
rcookie says to _firefly_():   (lol)
subgirl says to _firefly_():   notice banking, electronics, and ag equipment is in this list?
_firefly_ says to subgirl():   Oh yeah 🙂
_firefly_ says to subgirl():   Unless I understand it, I’m not going to post it 🙂
subgirl says to _firefly_():   good for you!! 🙂
subgirl says to _firefly_():   there is quite a bit of things going on even this week…
​ rcookie BGG: WED DATE IS 17TH….HMMMMM…TRADE PROTOCOL AGREEMENTS…HAVE ANYTHING TO WITH BEING ALIGNED WITH THIS……
_firefly_ says to subgirl():   Anyhoo, need tyo get ready to head out. Hopefully I’m home before the room closes down
subgirl says to _firefly_():   ok you take care and have a great day! cya tonight!
subgirl says to rcookie():   thanks for bringing in News this morning! WOW!
wmawhite says():   Question; why have a trade protocol agreement if you were never going to engage in trade? Possible answer;………..what did the IMF say their expectations were about Iraq and the economy market, and something about join the market, and 1st half of 2016????
hunter59 says():   That 1st half thing …….What could that mean????
subgirl says to wmawhite():   (y)
hub says():   how does the articles MD brought this last week about the imf/iraq wanting to have this thing done by the end of Feb play into the scheme of things?
rcookie says to hub():   THAT WAS BROUGT IN AND DISCUSSED IN BEGINNING OF JANUARY…IN CALLS AND CHAT..
wmawhite says to hunter59():   What does “1st half thing” mean?
hub says():   time passes when were having fun,,,anyway does it play to this situation?
rcookie says to hub():   HAVE YOU READ THE IMF LOI/MEFP/TECH MOU…SMP (STAFF MONITORED PROGRAM)…2016 BUDGET…
hunter59 says():   No i understand….joking
hub says():   no just watch you guys bring in the info….
_firefly_ says():   Iraq is considering the establishment of an Egyptian industrial cities
hub says():   my wife has told me i am taking her for a 44 oz cherry vanilla dp so back in a bit
_firefly_ says():   Sunday 14-02-2016 | 6:05:58    Twilight News / Express and Industry Minister, Mohammed al-Darraji for the country’s determination to establish two cities of Egypt’s industrial zones in Iraq.
He said al-Darraji, who is visiting Egypt, during a meeting with Abdul-Aziz Seif Eddin, head of the Council of the Arab Organization for Industrialization Management, said that Iraq Bstahedv activating the decisions of the Supreme Economic Committee, the development of joint industrial action with Egypt, “because it is a strategic ally has fully prepared with the help of Iraq.”
He said that Iraq is to establish a complete industrial cities seek cooperation with several countries, and that the reason for his visit to Egypt and meet with Prime Minister Sharif Ismail, the establishment of two cities industrialized Egyptians have in Iraq, and that doing so will meet some of the men in private industry, to discuss the possibility Almcharh in those cities.
_firefly_ says():   For his part, General Abdel Aziz Seif Eddin, head of the Council of the Arab Organization for Industrialization Management confirmed that the body will spare no potential for the service of Iraq as an Arab real powers, saying “we are under Iraq is because it is an integral part of the Arabs, and there are serious studies to participate in the administration of cities, industrial zones Egyptians have in Iraq, and industry expertise provide the Iraqi body. ”
wmawhite says to hunter59():   Super…..I thought maybe you did….but I just wanted to check…..(y)
rcookie says():   METAC PICI WORKSHOP AGENDA…WB PFM (PUBLIC FINANCIAL MANAGEMENT) PER (PUBLIC EXPENDITURE REVIEW)
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