Chat Room Excerpts & Highlights
dennis2 says Said a source familiar with the Metzam state law, Vice President of the Republic article Nuri al-Maliki had fled to Touirij yesterday by the Sadrist demonstrations called by the cleric Muqtada al-Sadr.
The source said in an interview with the news agency Buratha be close to al-Maliki has advised him to leave Baghdad for fear the entry of demonstrators to the Green Zone and may have unhurt during the attack, especially after the scandals of financial and administrative corruption committed by the government during the years of the eight.
Referring to al-Maliki flew to Touirij his hometown two hours before the start of the demonstrations
FatherofThunder says Maliki running is the best news of the day!
subgirl says to FatherofThunder yes it is and he knows his days are numbered!
larrykn says I see Kap says he thinks Iraq won’t get off the peg and we will wait,, got news for him they can’t afford to do that
clay says to larrykn kap changes his mind like the wind
larrykn says well if one doesn’t understand what is going on I guess one would lol
Hutch says Relationship: launching the currency bonds during the March and are committed to restoring citizens seized funds 2016/06/27
The Governor of the Central Bank of Iraq, Ali al-allaq, on Saturday, the importance of auction sale of foreign currency to maintain the stability of the dinar exchange rate and “does not constitute a waste of public money or smuggling,”
while revealing the launch selling government bonds through next March, pledged to return the amounts deposited in the bank branches and rational beninoi and seized (daash) after the liberation.
Came through during the participation in the Symposium established relations Institute (strategic policy), today, at its headquarters, in central Baghdad, and attended (range).
He said the Governor of the Central Bank, the Central Bank’s strategy for the years 2016-2020 will see a quantum leap, “Noting that” the proportion of Iraqis who use non-ambitious banking system with 10 percent.
Hutch says Relationship: launching the currency bonds during the March and are committed to restoring citizens seized funds 2016/06/27
The Governor of the Central Bank of Iraq, Ali al-allaq, on Saturday, the importance of auction sale of foreign currency to maintain the stability of the dinar exchange rate and “does not constitute a waste of public money or smuggling,”
while revealing the launch selling government bonds through next March, pledged to return the amounts deposited in the bank branches and rational beninoi and seized (daash) after the liberation.
Came through during the participation in the Symposium established relations Institute (strategic policy), today, at its headquarters, in central Baghdad, and attended (range).
He said the Governor of the Central Bank, the Central Bank’s strategy for the years 2016-2020 will see a quantum leap, “Noting that” the proportion of Iraqis who use non-ambitious banking system with 10 percent.
Hutch says He acknowledged the relationship, “having too many problems with banks when retrieving loans of citizens”, stating that “loans give real guarantees, when the beneficiary is in arrears or refuses payment and booking of premises we encounter the clans prevented intervention.”
Central Bank Governor pledged that the Agency “restores all amounts deposited by Bank citizens bank branches and rational and seized terrorist organization daash in Ninawa Governorate, Mosul (405 km north of Baghdad), after it was liberated.”
Recall that the Governor of the Central Bank, announced, (February 15, 2016) the Bank’s intention to sell public bonds worth seven trillion dinars during the current year
Hutch says http://www.microsofttranslator.com/B…25A7%25D8%25B1 LINK
Hutch says to Elane I do. gimme a bit
Hutch says to Elane Central: launching the currency bonds by March 2016/06/27
Baghdad/Obelisk: Central Bank, revealed Saturday the launch of selling government bonds through next March, called for the integration of private banks to reduce their number to suit the actual need, emphasizing the importance of auction sale of foreign currency to maintain the stability of the dinar exchange rate.
And the word of the Governor of the Central Bank on the relationship in strategic policy Institute Symposium, in Baghdad, attended by local media and followed “the Obelisk”,
He said the Governor of the Central Bank, the Central Bank’s strategy for the years 2016-2020 will see a quantum leap, “Noting that” the proportion of Iraqis who use non-ambitious banking system with 10 percent.
He drew the relationship, “the launch of the first Government bonds trading by next March,” returned to “auction selling foreign currency does not constitute a waste of public money or smuggling.
Hutch says to Elane And impossible relationship, “restrictions on the sale of foreign currency,” adding that it “would raise the dollar exchange rate dinar”.
He said, “the presence of more than 50 banks in Iraq a significant”, calling for “the integration of private banks to shrink in proportion to the actual need.
And between banks, “which granted the leave established recently will not enter the currency selling window only after years of investigation and practice of business banking and real”, pointing out that “the Central Bank is obliged to grant the disparate to open new banks which have long realized the conditions and guarantees required.
He acknowledged the relationship, “having too many problems with banks when retrieving loans of citizens”, stating that “loans give real guarantees, when the beneficiary is in arrears or refuses payment and booking of premises we encounter the clans prevented intervention.
Hutch says to Elane():
He pledged that “all sums deposited by Bank citizens bank branches and rational and seized terrorist organization daash in Nineveh province after liberation.”
Recall that the Governor of the Central Bank, announced on February 15, 2016, the current Bank’s intention to sell public bonds worth seven trillion dinars during the current year
http://www.microsofttranslator.com/BV.aspx?ref=IE8Activity&a=http%3A%2F%2Falmasalah.com%2Far%2FNewsDetails.aspx%3FNewsID%3D70387
jarhead says( theres only one problem with that article
jarhead says there was nothing about exchange rate in it
boz says Abadi website sill down, 4 days now
boz says http://www.pmo.iq/pme/indexe.htm
faith1 says GM All…. Hutch,, this is saying…”sale of foreign currency and bonds in march next (this year) = trade? and doesn’t trade foreign require a reality rate iqd ? whoopow !! (v)
Hutch says to faith1 smile
faith1 says:) TY for the news,,, gread read !
faith1 says great
jarhead says i may be misinformed….wow
Hutch says to faith1 Brought by LOOP
Abadi runs the Ministry of Finance directly
Read More :http://www.dinarupdates.com/showthre…-directly-2-27
http://www.dinarupdates.com/showthread.php?30773-Abadi-runs-the-Ministry-of-Finance-directly-2-27
Hutch says to faith1 BAGHDAD / obelisk: A member of the parliamentary finance committee Masood Haider, Saturday, Prime Minister Haider al-Abadi Finance Ministry department directly after an absence of its minister, Hoshyar Zebari, noting that the administration Alabara the ministry will continue for months.
Haider said in a statement, “Prime Minister Haider al-Abadi is currently the Minister of Finance Ministry and manages directly,” noting that “This came after an absence of its minister, Hoshyar Zebari.”
He added, that “Zebari currently illness,” adding that “the Prime Minister of the Ministry administration began some weeks ago, and may last for months.”
Read More :http://www.dinarupdates.com/showthre…-directly-2-27
http://www.dinarupdates.com/showthread.php?30773-Abadi-runs-the-Ministry-of-Finance-directly-2-27
Hutch says MEANT FOR ALL THANKS LOOP!
Elane says Thats an awesome article… thanks so much!
Elane says Abadi is now in control as finance minister…..
Hutch says ITS IN THE NEWS FORUM
larrykn says I guess Abadi want to do something soon if he just became the finance minister
rcookie says I SEE HUTCH POSTED THE KEYWORDS BOND AUCTION REPORT…
Hutch says to rcookie What do you think about that?
subgirl says to Hutch http://www.dinarupdates.com/showthre…bonds-by-March
http://www.dinarupdates.com/showthread.php?30780-Central-launching-the-currency-bonds-by-March
rcookie says to Hutch THAT IS A BIG DEAL…
subgirl says to Hutch Central: launching the currency bonds by March
2016/06/27 Baghdad/Obelisk: Central Bank, revealed Saturday the launch of selling government bonds through next March, called for the integration of private banks to reduce their number to suit the actual need, emphasizing the importance of auction sale of foreign currency to maintain the stability of the dinar exchange rate.
rcookie says to Hutch CURRENCY INTERVENTION….
Hutch says to rcookie Thought so too, along with abadi taking MoF brought in by LOOP
subgirl says to Hutch He said the Governor of the Central Bank, the Central Bank’s strategy for the years 2016-2020 will see a quantum leap, “Noting that” the proportion of Iraqis who use non-ambitious banking system with 10 percent.
He drew the relationship, “the launch of the first Government bonds trading by next March,” returned to “auction selling foreign currency does not constitute a waste of public money or smuggling.
subgirl says to Hutch( And impossible relationship, “restrictions on the sale of foreign currency,” adding that it “would raise the dollar exchange rate dinar”.
He said, “the presence of more than 50 banks in Iraq a significant”, calling for “the integration of private banks to shrink in proportion to the actual need.
And between banks, “which granted the leave established recently will not enter the currency selling window only after years of investigation and practice of business banking and real”, pointing out that “the Central Bank is obliged to grant the disparate to open new banks which have long realized the conditions and guarantees required.
He acknowledged the relationship, “having too many problems with banks when retrieving loans of citizens”, stating that “loans give real guarantees, when the beneficiary is in arrears or refuses payment and booking of premises we encounter the clans prevented intervention.
subgirl says to Hutch He pledged that “all sums deposited by Bank citizens bank branches and rational and seized terrorist organization daash in Nineveh province after liberation.”
Recall that the Governor of the Central Bank, announced on February 15, 2016, the current Bank’s intention to sell public bonds worth seven trillion dinars during the current year
rcookie says STERILIZED VS NON STERILIZED…
rcookie says Sterilized intervention
Sterilized intervention is a policy that attempts to influence the exchange rate without changing the monetary base. The procedure is a combination of two transactions.
First, the central bank conducts a nonsterilized intervention by buying (selling) foreign currency bonds using domestic currency that it issues. Then the central bank “sterilizes” the effects on the monetary base by selling (buying) a corresponding quantity of domestic-currency-denominated bonds to soak up the initial increase (decrease) of the domestic currency.
The net effect of the two operations is the same as a swap of domestic-currency bonds for foreign-currency bonds with no change in the money supply.[4] With sterilization, any purchase of foreign exchange is accompanied by an equal-valued sale of domestic bonds, and vice versa.
For example, desiring to decrease the exchange rate/price of domestic currency without changing the monetary base, authorities purchase foreign-currency bonds,
rcookie says the same action as in the last section. After this action, in order to keep the monetary base, governments conduct a new transaction, selling an equal amount of domestic-currency bonds, so that the total money supply is back to the original level.
rcookie says Non-sterilized intervention
Non-sterilized intervention is a policy that alters the monetary base. Specifically, authorities affect the exchange rate through purchasing or selling foreign money or bonds with domestic currency.;
For example, aiming at decreasing the exchange rate/price of the domestic currency, authorities could purchase foreign currency bonds. During this transaction, extra supply of domestic currency will drag down domestic currency price, and extra demand of foreign currency will push up foreign currency price. As a result, the exchange rate drops.
R&R says to rcookie They openly state that two weeks ago the goal was to sell bonds “in the current year”, and now they have narrowed that time frame to “next March”. Sounds like not only are things being fast-tracked, but they are being more specific with their timelines. Both are great IMO
rcookie says to R&R FREIGHT TRAIN….
jarhead says kool 🙂
Hutch says to rcookie Great explanation ! CHOOOOO CHOOOOOO
R&R says And didn’t they get a credit upgrade from Moody’s or S&P a day or two ago? And now, 24 hours later they are ready to launch those bonds? Timing is impeccable isn’t it?
subgirl says to Hutch lol
rcookie says ALSO COINCIDES WITH THE TENTATIVE COMPLETION OF STATE BANK RESTRUCTURE AND PRIVATIZATION…REMEMBER…THE MOF OWNS THOSE 2 STATE BANKS…..
subgirl says to rcookie (y)
subgirl says to R&R thanks for that explanation too 🙂
jimplants says did I not read that Abadi is now head of MOF
rcookie says I DIDNT SEE UPGRADE…I SAW A HOLD AT B- WITH STABLE OUTLOOK….
Hutch says to R&R I saw it. B- to a B
jarhead says to subgirl they do a great job of splainin i just have a hard time understandin
subgirl says to jarhead :D(y)
Hutch says to R&R If I read it correctly
subgirl says to jarhead\ wish I understood it better too lol
R&R says to Hutch( Thanks Hutch…. and just think…. that small move could mean millions in interest savings over the life of those loans. They are squeezing every penny….
rcookie says EVEN MAINTAINING AT B- WITH OIL UNSTABLE….THIS WHAT WEVE BEEN TALKING ABOUT THEM MAINTAINING SUB 3% INFLATION…AND BEST REGIONAL DEFICIT RATIO…
rcookie says THIS IS THE EFFECTIVENESS OF NON STRILIZATION INTERVENTION….
jarhead says rcookie so what does this tell us in simple terms ({)
cjquade54 says the 2 banks are to be restructured by end of Feb yes?
rcookie says Nonsterilization intervention[edit]
In general, there is a consensus in the profession that non-sterilized intervention is effective. Similarly to the monetary policy, nonsterilized intervention influences the exchange rate by inducing changes in the stock of the monetary base,
which, in turn, induces changes in broader monetary aggregates, interest rates, market expectations and ultimately the exchange rate.[6] As we have shown in the previous example, the purchase of foreign-currency bonds leads to the increase of home-currency money supply and thus a decrease of the exchange rate.
jarhead says are they stayin in compliance
cjquade54 says restructure complete by end of Feb?
rcookie says YES…THESE ARE CBI ACTIONS…THAT HAVE AN EFFECT ON MONEY SUPPLY…INTEREST RATES AND EXCHANGE RATES…..
jarhead says\ oooohhhh i like exchange rate
jarhead says KEYWORDS 😀
rcookie says to cjquade54 YES THEY ARE!!…..
rcookie says to jarhead KEYWORDS=TOOL…
R&R says to rcookie Could you please help me understand/interpret two sentences from the article about the March bond sale?
R&R says to rcookie #1. Keywords revealed, for the “launch the first government bonds traded through next March,” returned to “the auction of foreign currency is not a waste of public money or smuggled to him.”
R&R says to rcookie #2. He warned the governor, of “restrictions on the sale of the foreign operation,” noting that it “will lead to the lifting of the dollar’s exchange rate against the dinar.”
R&R says to rcookie( It sounds like he saying that he is asking for the trading/international restriction on the dinar need to be removed in order to successfully sell and/or trade these bonds internationally?
R&R saysOr are my dinar goggles on too tight?….L):
rcookie says to R&R NO R&R….READING SIMILAR…AND EXCITED…
rcookie says to R&R AND THE REMOVE RESTRICTION VERBIAGE IN LOI….
mimi3 says to rcookie\ to sell or trade bonds they must have a rate, right?
R&R says to rcookie So it sounds then like he is saying if we sell bonds, if in fact we have to continue the auctions for a short period, please understand that the CBI is not “smuggling” currency or “wasting public funds”? Sounds like he is hedging a little in case the auctions continue for a few days longer than anticipated
jeffusa says to jarhead WHat? you had a party without me?
R&R says to rcookie While at the same time restating that the restrictions need to be removed ASAP so as to stop those auction altogether
jarhead says]\ naw bordom
rcookie says to R&R( EXACTLY…HE IS DISASSOCIATING AWAY FROM CURRENT CONSENSUS THAT AUCTIONS = FAILURE & CORRUPTION…
R&R says to rcookie Love it, love it, love it! Thank you. I am excited!
R&R says to rcookie The beautiful thing is that the IMF told them to stop the restrictions and the auctions on Monday…. awesome…
rcookie says to R&R (y)
R&R says to rcookie On Monday….meaning by the 29th of Feburuary
mimi3 says( WOW!!!
jarhead says RV on the 30th!!!
jarhead says (lol)
R&R says to jarhead 😀 Leap year times 2?
Baxter1243 says Yep.. Feb 30th… RV Day… (y)
subgirl says to cjquade54( madscout just brot this in
subgirl says to cjquade54 Dollar and other currencies prices
February 27, 2016 20:13 The US dollar and other foreign currencies prices recorded on Saturday (27 / February / 2016) in the banking markets, prices listed below: –
Disbursement of US $ 100 price of 125,750 Iraqi dinars
Exchange 100 euros price of 138,500 dinars
Exchange 100 pounds price of 177,000 dinars
Exchange 100 000 Wish price of 36,000 dinars
Exchange 100 Turkish Liras price of 43,000 dinars
While the price of the dollar and other foreign currencies as follows:
100 euros for $ 110 and 25 cents
100 pounds for $ 140
jarhead says he brought that on FB days ago and i still dont understand
jarhead says rcookie what say u ?
rcookie says to jarhead WHO BROUGHT..
jarhead says madscout
jarhead says that show $1 = 1.25 dinar
rcookie says to jarhead STAY WAY CLEAR OF THE DATE CENRICITY…
rcookie says to jarhead THE PUZZLE PIECES AND ACTIONS TO CONNECT ARE REVEALING DAILY…
jarhead says i see
BGG says Hey gang – just a quick note. I don’t think I’ll be around much yet…
BGG says still recovering… UGH I was sooooooo sick yesterday…
BGG says They actually lost me for a little while… 😀
BGG says 10 seconds doesn’t sound like a long time… unless you are riding a bull….
BGG says or your heart stops… or you have no blood pressure…
BGG says then it seems like a life-time 😀
BGG says So – I am sure thankful for all the prayers (and that big guy who was “coaxing” my heart back to function…)
BGG says I am back to rest – I leave you in the very capable hands of rcookie and our great band of MODS here 🙂
rcookie says to jarhead MOF UNDER DEEP PRESSURE OF OUSTER FROM EU/US…IMF…
AND RESHUFFLE REFORMS…WHILE AT SAME TIME 2 BIG STATE BANKS OWNED BY IMF ARE MORE THAN 90% COMPLETE WITH THEIR RESTRUCTURE PRIVATIZATION PROCESS…
WITH REPORTS OF THE NEW BRANCH & DEPARTMENT STRUCTURE ALREASY EXECUTING DEVRLOPMENT LOAN FUND PROGRAMS….AND NEWS OF ABADI TAKING REINS OF FINANCE MINISTRY….
ALL OF THIS GOING ON WHILE TRANSFER OF POWERS AWAY FROM CENTRAL BEING ASSISTED BY UN….
rcookie says BARZANI RESTATED COMMITMENT TO DELIVER OIL REVENUES TO BAGHDAD….
rcookie says to jarhead ACCORDING TO REPORTS AND STATEMENTS….
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says If you want a text book case of fiction reporting read the NYT article. Arab reporters to!
Hutch says to rcookie George Prepard used to say it on the A TEAM. Love it when a plan comes together!
maine says i couldnt find a mention of it in the Boston Globe
maine says so bad!
Hutch says to rcookie SADR is saying I PITY THE FOOL !!!!
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says They use the AP.
maine says there seem to be a lot of fools over there!
maine says abadi is gettting rid of them
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says who is going to do the documentary of Abadi’s rabit hat trick. the world should know. noble peace prize
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says i shouldn’t say that yet don’t want to jinx anything
rcookie says DEFENSE MINISTRY SENDING CONSCRIPTION LAW TO STATE COUNCIL…THEN TO PARLIAMENT
Defense Ministry approves the draft law of compulsory military service and to allocate it to the Council of State By Ziad al-Haidari
Loopback says to Hutch Oh no Hutch is referencing the A-Team.
subgirl says A as in Abadi? lol
rcookie says( Ratified by the Ministry of Defence, on Thursday, the draft law of compulsory military service (the flag) service, before referring it to the State Council for consideration.
The ministry said in a statement, seen by Roudao Media Network, “The Defense Council endorsed the fifth in its session, which was held at the headquarters of the Defense Ministry, on Thursday, on the draft of the compulsory service law (science) service,
to be submitted to the State Council for examination, which in turn brought to my presidency of the Council of Ministers and the Council of the distinguished House of Representatives for approval. ”
rcookie says( he statement added that “the vote on this law is in line with the requirements phase of political and military circumstances in the country, for the purpose of achieving national objectives contained in this law.”
It announced and defend the parliamentary security committee, in the 15th of February, for the approval of the Prime Minister Haider al-Abadi on a draft of the bill and indicated that the members of the committee from the various political blocs agree in principle to pass as soon as possible.
rcookie says 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/
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says( What is up with the National Guard law ?
Loopback says to David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo Conscription Law replaces the National Guard Law
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says So it is the whole country not just ther Anabar province
Loopback says to rcookie Thanks(v)
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says thanks I will go back to sleep
Loopback says to David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo Correct. It is for the entire country.
larrykn says\ hi all things are looking good today, ty you all for your work 🙂
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says This whole story is just so amazing. I can’t remember anything inhistory that was so impossible odds wise and its happening almost done and 99% ofthe world does not know or care.
subgirl says to David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo isn’t that amazing ???
subgirl says to David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo most of the world does not know or care!! WOW!
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says It’s so unlike the middle east. Different sectsuniting as Iraqi’s it really is hard to even grasp the significance \
Loopback says There was one article that Mailiki was told to get out of Dodge while the protests where happen. I have not seen any confirmation so it may or may not be true. I personally think his was curled in the fetal postion sucking his thumb in the Palace, saying “why does everyone hate me?”
Loopback says happening..
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says Because your one ugly non human
subgirl says to Loopback have a feeling he might have fled tho? but who knows?
Loopback says A source familiar with: the escape Metzam state law, Nuri al-Maliki to Touirij demonstrations by the Sadrist movement yesterday
Ali Mohsen Radi February 27, 2016 11:53
Said a source familiar with the Metzam state law, Vice President of the Republic article Nuri al-Maliki had fled to Touirij yesterday by the Sadrist demonstrations called by the cleric Muqtada al-Sadr.
The source said in an interview with the news agency Buratha be close to al-Maliki has advised him to leave Baghdad for fear the entry of demonstrators to the Green Zone and may have unhurt during the attack, especially after the scandals of financial and administrative corruption committed by the government during the years of the eight.
Referring to al-Maliki flew to Touirij his hometown two hours before the start of the demonstrations
Source
http://www.dinarupdates.com/showthread.php?30778-A-source-familiar-with-Maliki-was-advised-to-leave-Baghdad-during-the-protests
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says Putin and Assad are next
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says Does anyone think Truimp has a clue on what has happened in Iraq?
cjquade54 says do you think they’ll actually launch the bonds this time?
subgirl says to David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..]( I imagine he does…
subgirl says to David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..]( he probably has dinar too
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says seriously
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says good point on the dinar
subgirl says to David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo just My opinion tho??
subgirl says to Loopback thanks for sharing that article!
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says I wouldn’t be surprised but I am sorry I wish he would disapear just my opinion. Scarey but I could be wrong.
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says Maliki Trump has nothing to do with this chat I have ADD. BGG called and narrated the whole Iraqi transformation and all everyone said was the country is going down . Even these.
