Click picture to go to Dinar Recaps website

10pm, October 4th, 2012  

Greetings!,

Our newsletter is a listing of all our blog posts.  The newsletter is sent 2 or 3 times a day.  Our email schedule is HERE.  If you cannot wait for the email, you can read our posts directly on our BLOG throughout the day and night, or follow us on TWITTER and get our blog posts tweeted to you between 10am - midnight (ET).  Our Twitter name is DinarRecaps.

 

If you like this newsletter, share with others.  

 

Enjoy our Recap Email,

 

The Dinar Recaps Team

 


Email Archive 

    

Follow us on Twitter 

 

Like us on Facebook 

 

 

 

NOTE TO OUR

EMAIL SUBSCRIBERS:


If you do not receive one or more of our emails, please check YOUR email spam or junk folder.  Even though we run each email through a filter before sending, occasion- ally a few people have reported that it has been misdirected by their email systems.  As a remind- er, all our emails are available on our website
ARCHIVE page.  Bookmark this page now for future reference.
Our Blog Posts
What Is "Too Long" ? - Post By EddieMoney Dinarian Chat
Bluwolf and I4U Members Chat Thursday Evening
Precious posted at MIG Blaino's Words of Wisdom Thursday evening
Doc & Sam Share Perspectives - Post By Leo GET Forum
Med Chat - Post By GLK Dinar Speculator
Winalot / BWM / SWFloridaGuy & MIG Members Chat
The posts shaded in green are on our Iraqi News page
The below posts were in our 10pm email
Tidbit Rumors & Opinions - Post By Leo GET Forum
Tidbit Rumors & Opinions - Post By Dinar Detectives
Blaino Update - Post By Target Dinarian Chat
Winalot Clarifies Bank Experience MIG Chat
SSO SCOOBY Update - Post By Leo GET Forum
BGG CC transcripts for Thursday afternoon posted at Dinar Updates by TNvounteer
SWFloridaGuy in chat at Mig Thursday afternoon
Cruiser's chat at Intel4U Thursday moning posted by Stitch
Morning Dinarian Chat...Oct 4 8:41 AM [blessed1] hi magik!
News, Thoughts, and Opinions from I4u and MIG Thurs. Morning
Thursday Morning MIG Chat...Oct 4 8:22 AM [eleanor] da58
THe posts shaded in green are on our Iraqi News page
The below posts were in our 10am email
Cruiser & Intel4u
OOM Bulldog75 10/3/12 Late Night from Spiritual Warrior
Thursday 1pm (ET) BGG Update Conference Call
The Gatekeepers Team CC 8pm (ET) Thursday October 4th, 2012
Cruiser in chat at Intel4U Thursday Morning
BWM in chat at 3S's Wednesday evening
Soonerfan & Intel4u Member Chat
The posts shaded in green are on our Iraqi News page
© Copyright DRT Distribution, LLC All Rights Reserved

5:43 PM EDDIEMONEY: The 2004 budget prepared by the Ministry of Finance and the Ministry of Planning does not rely on debt issuance or the CBI's printing presses4. But the budget is highly sensitive to the dinar exchange rate. The 2004 budget is prepared on the assumption that the dinar exchange rate will be 1500 to the dollar
 
5:45 PM EDDIEMONEY: This is an extremely important assumption because most of the government's revenues are in dollars, and most expenditures are in dinars. If the dinar continues to appreciate against the dollar - as it has in recent months due to returning demand for the dinar and the resulting sales of dollars for dinars - the budget balance will deteriorate.
 
5:46 PM EDDIEMONEY: The only hedging instrument available to the government is central bank management of the exchange rate. Not only does this budget issue create a conflict for the central bank, it also makes a mockery of the reasons used to justify a floating exchange rate

6:52 PM EDDIEMONEY: The development process will take time, they say, but no one has any idea how much time, nor is time viewed as a cost. Therefore, how will anyone know when the process is taking too long?

[bluwolf] BUENAS NOCHES;; I HAVE COME IN TONIGHT TO GIVE THANKS TO ALL FOR YOUR PRAYERS DEDICATED TOWARDS MY DAUGHTER ZAE,, I ALSO WANT TO THANK PASTORED AND THE REST OF THE FOLKS THAT IN A CONFERENCE CALL ALSO PRAYED FOR MY BABY.. LIKE I SAID MY CHILD HAD A TUMOR IN HER THROAT,THEY DID A BIOPCY AND WE WERE WAITING FOR THE RESULTS.. WELL I WISH TO INFORM THAT ALL CAME BACK NEGATIVE AND THE BEST PART IS THAT THE DOCTOR AFTER TAKEING ANOTHER XRAY YESTERDAY CAME BACK AND STATED THE FOLLOWING THIS IS A MIRICLE IT IS UNEXPLAINABLE,THERE ISN'T ANYTHING THERE,,WHERE DID IT GO,, I AM A BELIEVER THERE IS A GOD..

[pappyy] bluwolf Praise God!! He is good!!!

[puppylove] bluwolf Good Evening, great news!!

 [Jester] bluwolf woo hoo! wonderful news!

[bluwolf] THE GLORY IS TO MY GOD,,AMEN

spades] bluwolf no only if he could just do this rv thing for us . lol I am glad to hear that she is going to be fine

[wheezer2] bluwolf.....was there an in country RV? are the smart cards activated
....


[Precious] target: Blaino will post Wisdom .....Words of Wisdom... As of yesterday, we've heard reports coming in on the news networks that the Iranian Rial had dropped 40% causing riots in the streets due to government mismanagement and tightening of sactions by the US.

 We now are getting releases from the CBI stating that the dinar stands at 1.18 USD per Dinar. This again being due to a manipulation of the auctions of the buying and selling of the Dinar to strengthen it and back it by the US Dollar. I still believe that the rate of $1.30 that came out a few weeks ago was a solid and accurate report that was not supposed to go public just yet, because we only heard a few days ago that it was at 1:1 against the dollar, now you hear about 1.18 rate as of this morning, so you see this is something that is realistically viable to change in such a short time to be able to climb 18 cents in a matter of a few days.
,,....


10-4-2012 Newshound Guru Doc   We are seeing more and more articles talking about a "float" for the currency.  We stated in the past we believe this to be a real scenario. 

It would allow the CBI and Iraq the best economic position.  The float would increase the value based on supply/demand and we speculate the CBI would make a ton of money on buy/sell transactions.

 It would also allow the market to determine the value based on Iraq's fundamental economics and not politics like under Saddam.  We would also speculate the CBI would support the dinar at some minimum levels.  If the float is reality it pretty well discredits the rumors of a high ($3+) initial or RV rate. We report, you decide.
...


 Captain Terry says to (08:40:54): Med - What effect do you think Iran has on the RV

    Med says to (08:41:01):    NONE

    Captain Terry says to (08:41:21):    Hummmm!!! Even if they get "nuked?"

    Med says to (08:41:44):    THERE IS NO CHANCE OF BEING NUKED   IRAN RIGHT NOW    IS IN TURMOIL    AND IT WILL GET WORSE    THEY HAD RIOTS LAST NIGHT

    Captain Terry says to (08:42:20):    O.K. how about being bombed to get rid of the possibility of acquiring the possibility of a ....

    Med says to (08:42:20):    WITH THE DEMISE OF THE CURRENCY   THERE IS NO CHANCE RIGHT NOW OF THAT HAPPENING    NETANYAHU    STATED THAT THEY WONT HAVE A CHANCE OF ANY THREAT UNTIL 2014 OR 2015    AND THAT IF THAT HAPPENED    THEY WOULD NOT MOVE UNTIL IT WAS CLOSER TO THAT

    IT WOULD BE EVEN A BIGGER SET BACK FOR THEM    AND I AM GOING TO SAY THIS OK    NOTHING    UNLESS IRAN INVADES IRAQ    ONE THING WITH IRAN   THEY OVER THREW THE SHAH    BECAUSE OF HIS BRUTAL HANDLING OF THE PEOPLE    THEN THE AYATOLLAH CAME    AND BRUTAL WAS COMMONPLACE

    NOW THE YOUNG ARE RESTLESS AGAIN    AND ARE NOT HAPPY IN THE ISOLATION THEY ARE IN    IT WILL NOT TAKE MUCH MORE
...
4:57 PM [Precious] looks like they may move the elections up and isn't Maliki's term up in Nov?

4:57 PM [BWM] Good Afternoon MIG...
4:58 PM [winalot] BWM good afternoon'
4:58 PM [BWM] Precious not for a couple years
4:58 PM [LUIGI] BWM ...HEY
4:58 PM [Bigdog55] winalot sorry had typed before it appeared thank you

4:58 PM [Precious] http://www.altahreernews ��� nder.jpg Published 04/10/2012 10:30 AM t Shabandar achieve preliminary agreement between political leaders on the fifteenth of this month as the date for the holding of the National Conference, after President Talabani completed his contacts with all the parties. W.... All parties participating in the government sticking to their positions, with the disruption intended for the legislative role of Parliament, we see that the dissolved and the formation of a political majority government then holding early elections is the only way to overcome the political crisis that erupted due to the adoption of what is known as consensual government. "

4:58 PM [BWM] winalot so... any luck with 5/3rd yet...

4:58 PM [winalot] BWM awaiting their return call
...


The below posts shaded in green
are on our Iraqi News page
Maliki confirmed Iraq's desire to strengthen ties with Iran
Thursday, October 4, 2012 18:47

Prime Minister Nuri al-Maliki on Wednesday that Iraq was keen to strengthen its relations with Iran, and stressed during his meeting with Iranian Defense Minister Ahmad Vahidi on the need for bilateral cooperation with Tehran "to establish security and stability in the region and the fight against terrorism."

According to a statement issued by the prime minister al-Maliki said during a meeting with Vahidi that "Iraq is seeking to have good relations with all countries, particularly the Islamic Republic of Iran."

The Prime Minister emphasized that "what the region is witnessing requires more understanding and coordination including protecting their countries of challenges faced."

 

Najafi and UN's Kobler discuss Iraqi-Kuwaiti relations and possibility of CH VII withdrawal
Thursday, October 04, 2012 15:40

Discuss House Speaker Osama Najafi and the UN representative, Martin Kobler Kirkuk governorate elections, human rights and women.

A statement by the Office of Najafi received and all of Iraq [where] a copy of it today that "the two sides discussed several themes including the elections and the possibility of cooperation with the Independent Electoral Commission to complete and other relevant laws such as the law elections Kirkuk and the importance of approving oil and gas law and sharing Iirorh and fair distribution, in addition to relations Iraq and Kuwait and the possibility of withdrawal of Iraq from Chapter VII. "

 

CBI's Saleh underlines the need to clarify the state of the concept of economic liberalism
October 4, 2012

The Deputy Governor of the Central Bank of Iraq the appearance of Mohammed Saleh that "it is necessary to clarify the state concept of economic liberalism and whether commensurate with what Iraq is going through."

He said in a press statement today said: "It is to be clarified economic liberalism by the state of the central bank with respect to transfer foreign currency abroad, where sources should be checked dinar and whether it came from money laundering operations in crime and terrorism."

He pointed out "that the central bank is witnessing campaign of accusations and suspicions of involvement with corruption on daily currency auction sale and the occurrence of money laundering."

 

Iraq and UN's Kobler discuss elections, cooperation with UNHCR, HCL, CH VII issues
2012-10-04 14: 40: 26 Thursday

Baghdad (newsletter) : Search House speaker Osama Iraq with United Nations representative in Iraq, Martin Kobler, upcoming elections and possible cooperation with the independent Commission.

The Presidency statement said Deputies received (News Agency news) on Thursday, the two sides discussed several themes including elections and the possibility of cooperation with the independent Commission for delivery and other related laws as Kirkuk elections law and the importance of the oil and gas law and wealth-sharing and equitable distribution, in addition to Iraqi-Kuwaiti relations and the possible departure of Iraq from Chapter VII.

It added: the internationalist party discussed the importance of regulatory issues related to the work of the High Commissioner for human rights recently created the role of women and in other bodies and the need for effective role students awarded President's personal intervention to resolve this issue.

http://bit.ly/SJnhPP

 

CBI: "IRAQI DINAR'S PRICE RECOVERS AGAINST US DOLLAR"
October 4 2012

Baghdad (AIN) : The Central Bank of Iraq stressed "The stability of the US Dollar's price against the Iraqi Dinar since the Iraqi Currency witnesses clear recovery."

The Deputy Chairman of the CBI, Mudhir Mohamed Salih, stated to AIN on Thursday "The Central Bank of Iraq managed to control the exchange rate of the US Dollar against the IQD Dinar at 1.18 or 1.19," noting that "All the exchange offices make up to 5% of the demand for the US Dollar."

 

Iraq, Kurds May Reach Draft Oil Law Pact Soon
October 4 2012

BAGHDAD: The federal government in Baghdad and the semi-autonomous region of Kurdistan in northern Iraq could soon reach an agreement on a new draft hydrocarbon law that would help resolve an impasse over who should control oil resources, Iraq's oil minister said Thursday.

Disputes between the federal government in Baghdad and the Kurdistan Regional Government in Erbil have prevented agreement on a draft federal oil and gas law for more than five years.

The law is important for settling a dispute between Baghdad and the regional government in Kurdistan, as the Iraqi government doesn't recognize many deals signed by the Kurds with foreign companies. It wants to review these deals and bring them in line with oil laws valid in Baghdad.

 

Maliki meets President and members of the Board of Commissioners in the election commission
October 4 2012

met with Mr. Prime Minister Nuri al-Maliki in the morning on Thursday, 04/10/2012, members of the Board of Commissioners in the Independent Higher Commission for Elections, headed Mr. Serbst Mustafa Chairman of the Board and the membership of both the head of the electoral administration, Mr. Mekdad Sharifi and gentlemen members of the council on the occasion of Tsenmanm office in the administration of the Board of Commissioners at its new He stressed during the meeting to support the Presidency Ministers to the Electoral Commission for the purpose of removing all obstacles that may hinder the conduct of electoral processes ahead. this and Mr. Safaa al-Moussawi spokesman Electoral Commission Ptbages parties on the procedures and preparations ongoing to hold provincial elections early next year. Department of the Foreign Media Department of Mass Communication Independent Higher Commission for Elections

http://www.sotaliraq.com/mobile-news.php?id=73276#axzz284Q5W1ot

 

Iraq is about to cut economic ties with Turkey and compensation for Greece and Korea site Iraq Law
October 4 2012

A source close to the prime minister's office for important decisions will be announced soon, pointing out that it probably will cut commercial ties with Turkey.

He added that the prime minister was issuing a decision prevents the Turkish companies from human investment in Iraq and carry them to liquidate their positions locally within a specified period, adding that the decision would prohibit the introduction of any goods from Turkey to the country, noting that the decision is part of a policy to deal the government with Turkey to respond to the excesses and inciting sectarian against Iraqis.

 

State law: September 15 date for a national conference
October 4 2012

Baghdad / term : revealed a member of the coalition, "the rule of law," MP Izzat Shabandar achieve preliminary agreement between political leaders on the fifteenth of the month deadline for the National Conference, after President Talabani completed his contacts with all the parties.

While conflicting views on the possibility of the success of the conference in the settlement of the dispute between the parties participating in the government, board Vice State of Law coalition led by Prime Minister Nuri al-Maliki to dissolve parliament and hold early legislative elections

 

Maliki looking at Putin unless it gets from Obama
October 4 2012

Baghdad / term : begins Prime Minister Nuri al-Maliki Monday, accompanied by five ministers visit to Russia for a three-day, where he will discuss with President Vladimir Putin arming the Iraqi army worth five billion dollars and exploitation of oil in addition to the Syrian crisis and its repercussions on the region.

He said government spokesman Ali al-Dabbagh said in a statement received (range) a copy of it yesterday: Prime Minister Nuri al-Maliki will visit this at the invitation of Russian President Putin, where delegation is headed politically, militarily and economically, and a large number of Iraqi businessmen to develop political and military relations and economic ties between two countries and strengthened to serve the interests of the Iraqi people and the Russian Federation.

explained: that the three important files will top talks Maliki with Russian officials this month Tterczaaly discuss the development of political relations, economic and military, describing the visit task.


The below posts were in our 10pm email

Tidbit Rumors & Opinions - Post By Leo GET Forum

10-4-12 Unirod: This is all tactical and the CBI is playing dumb! They are scooping up Dinars at a discounted rate knowing full well what is going on. The CBI is using ME conditions as an excuse to claim instability in the exchange rate.

The CBI does not care how the Dinars are scooped up, Black Market rate or otherwise, just that they are coming in to the cophers at discount IMO.

10-4-12 Mountainman: More good news today showing progress and continued efforts to resolved the oil and gas law and Chapter VII removal. The reform paper is still on the table and I think that has power sharing in it. All could fall in place very quickly.
... 



Tidbit Rumors & Opinions - Post By Dinar Detectives

10-4-12 Hoosier1470: I think everyone puts way too much into what the media puts out! I don't believe anything they say!! We all know the economic shape Iraq is in, and they know that they have to do something pretty quick!

IMO we have no idea what is about to happen but I truly believe that it is GOOD!! Just my 2 cents. God Bless!!

10-4-12 Sandstorm: "The CBI action to adjust the price of the dollar against the dinar, at 1.18 or 1.19." They have in the past days described that they were going to make the dinar on par with the dollar.

Then they lifted restrictions at the auction and told us about it. Then they tell us it worked and the marketprice is around 1190.
... 


Blaino Update - Post By Target Dinarian Chat

3:20 PM target: Oct 4 11:59 AM [Blaino] WHY DOES THIS SOUND LIKE AN RV?
$11.18 TO $1.19..... IS THAT WHAT WE ARE SEEING?

Blaino] THIS JUST IN FROM "ALL OF IRAQ NEWS AGENCY":::::Baghdad (AIN) -The Central Bank of Iraq stressed "The stability of the US Dollar's price against the Iraqi Dinar since the Iraqi Currency witnesses clear recovery."

The Deputy Chairman of the CBI, Mudhir Mohamed Salih, stated to AIN on Thursday "The Central Bank of Iraq managed to control the exchange rate of the US Dollar against the IQD Dinar at 1.18 or 1.19," noting that "All the exchange offices make up to 5% of the demand for the US Dollar."

"The largest rate of the demand of the Dollar goes to the money orders for purposes of financing the foreign trade and Iraqi's imports," he added. "All the money whether huge or little sums are controlled by the applicable anti-money laundry law which can discover anything that violates the law," Salih concluded. /End/

Oct 4 12:00 PM [Blaino] IVE READ AND RE-READ IT....

3:20 PM target: Blaino: BIG 4 BANKS HAVE A "CURRENCY REVALUATION NOTICE/WARNING" .... EXPIRES FRIDAY 12:42 PM Blaino: THESE NOTICES DO NOT SPECIFY WHICH CURRENCY
... 

Winalot Clarifies Bank Experience MIG Chat

4:19 PM [winalot] yoooooooooooo hooooooooooooooooooo...I hear there are a couple peeps spreading it around the chat rooms that I must have misunderstood 5/3 bank!!!

4:19 PM [eleanor] winalot hey what's up?
4:19 PM [hopeful2&2] winalot i took up for ya

4:19 PM [winalot] for any of you wanting to copy to recaps.... GET READY!
4:19 PM [eleanor] Oh this is gonna be good

4:20 PM [FIREPROOF] Just putting in 2 cents worth....5/3 knows as much (or as little) as any other bank. IMO. And I know from experience that if you dont agree with winalot she will come with both barrels....LOL

4:21 PM [winalot] There is NO misunderstanding of my conversation between my self and my bank. There appears to be, however, a misunderstanding on what I said. so... let me clear it up for ya'll!
...



SSO SCOOBY Update - Post By Leo GET Forum

10-4-12 SSO_Scooby (Reporting From Kuwait): Ok folks went down and talked to the exchange guys and 5k IQD will get 4.50 USD. So, that article about 1 ISD and change is not what folks were thinking. The rate has not change anywhere. I tried and got right from Arabic folks.

Even my Iraqi friends called their family got the same info from their family in Iraq. Nothing has happened. Went to 12 diffrent exchanges and 7 banks and got the same thing nada, nothing, nilch. Same rate as before, nothing changed.
... 


Shout-out to sponsors, thanks mods, and Poppy, who is downtown taking care of some business.

News of the day: Wow, wow, wow. The last 48 hrs is just crammed with news. The blog is full and was posted at 5:00 AM and all the news everybody is just finding out was posted on the blog that early.

Ton of good stuff - be sure you check out the chat comments. Really I should be more direct. I guess I'll put more of my own commentary... I don't view all that stuff about Maliki being up in Russia as being all that bad. He has apparently seen something in the water that caused him to head to Russia and attempt to develop an alliance with Russia and dangle that oil carrot there to see if they would bite.
,,

SWFloridaGuy in chat at Mig Thursday afternoon

[hopeful2&2] what about the article that said the iqd had recovered fully to the usd at 1.18,, 1.19

[SWFloridaGuy] hopeful2&2 The IQD rate is not 1.19. The latest rumor is coming from an article that featured nothing more than a translation issue. Arabic translations sometimes replace a period with a comma. In the same article they got it right when they said "CBI: we catch the exchange rate at 1190 dinars to the dollar." We've seen them do this many times in the past. The market rate is around 1190, that is all. Ignore those who are claiming we had another in-country RV. There is plenty of real progress to focus on where Iraq is concerned. We don't need to fabricate hype.

[ok rocks] SSO_Scooby ok so its still 1164 and not changed to 1190 like the article said... hmmm

[SWFloridaGuy] ok rocks 10-4-12 Sandstorm: "The CBI action to adjust the price of the dollar against the dinar, at 1.18 or 1.19." The have in the past days described they were going to make the dinar on par with the dollar. Then they lifted restrictions at the auction and told us about it. Then they tell us it worked and the marketprice is around 1190. The 1.18 and 1.19 is obviously a mistake. Did you see the exchange rate move to 1.19?? Neither did anyone else. They explained the problem, told us what theyd do. They did it and it worked. That's why their championing the 1190. Meanwhile gurus are telling people it's the RV lol.
,,



Cruiser's chat at Intel4U Thursday moning posted by Stitch

[kids] cruiser Have u been able to confirm the use of smart cards?

[cruiser] kids u asked me to confirm. The only way I can is if I had one. I could tell you from what others have said. Yes they have.

[cruiser] rustyc are they out? YES!! are they usable is the question.

[cruiser] musiccitylady They were sent out in July. That is why everyone was so excited back then.

[cruiser] As far as Iraq goes. They are done. Period. All of the requirements have been met. HCL done. Erbil Done. MEK group done. Kuwait issues done.

[Readynow] cruiser have they been done for awhile, or just now?

[cruiser] Readynow for a while and we now have news articles to prove it

[kids] cruiser have you heard any passing of executive orders in relation to ce?

[cruiser] kids public knowledge, if true.
,, 

Oct 4 8:41 AM [blessed1] hi magik! What is the word out there What do u think about the smart cards, big deal or not?

Oct 4 8:44 AM [Magiklife] blessed1 that was the talk this time last year... so who knows... the info re the bank site referring to the cards was from May... so who knows

Oct 4 8:46 AM [blessed1] hmm yeah that is interesting.....this whole deal is a joke and a half lol I personally don't believe that they would go through all of this Misinfo and trouble if they didn't plan on coming out high jmo Then again slot has changed also so....

Oct 4 8:48 AM [Magiklife] blessed1 that is why you do NOT quit the day/night job! Ever!

Oct 4 8:48 AM [blessed1] right Not till the money is in my acct lol And all my bills are paid
...



News, Thoughts, and Opinions from I4u and MIG Thurs. Morning

I4U:

[bamanana] I am excited about our future! Dadgum house I wanted is really gonna close. BUMMER!!!!!!! But there's a better one out there for us, just gotta start looking for it! LOL

[dealdoctor] sananddan24 IF the VND came out at .92 I would not be a sleeper . That would flat out knock me out!

[captaincaveman] TThis is a blessing from up high. God doesn't do small. I know we will be abundantly blessed.

[bamanana] dealdoctor We will all pass out if it comes out that high! .10 would be high if you ask me, but what do I know? roflma[sananddan24] Rocky49 with China backing it and Vietman 2 nd in world holder of gold

[Rocky49] sananddan24 I have heard that. To be honest if I had extra money right now I would buy VND before I would buy dinar. That is me I am not telling anyone what to do.

[redhead1] I really do think our VND investment is going to be amazing for us - I am praying it will be.
.... 


Thursday Morning MIG Chat

Oct 4 8:22 AM [eleanor] da58 With this article out and no Gurus yelling at the top of their lungs, something must be fishy.
Oct 4 8:22 AM [da58] wenmar you read the article??? wow

Oct 4 8:22 AM [clubber3] XYZ, I saw and know all that. But, I've learned not all Iraqis tell shall we say the truth. But, if what he says is true, somewhere theres been an RV
Oct 4 8:22 AM [wenmar] da58 yes
Oct 4 8:23 AM [wenmar] xyz good article

Oct 4 8:23 AM [wenmar] xyz xyz you're busy all ready this morning
Oct 4 8:25 AM [GuttNDuck] Good Morning, any new news? Rates or Dates etc?
Oct 4 8:25 AM [eleanor] GuttNDuck Remember West Side Story?

Oct 4 8:26 AM [da58] exchange rate is currently at 1190 dinars..
Oct 4 8:28 AM [cashinqueen] eleanor what article
Oct 4 8:28 AM [SSO_Scooby] http://www.alliraqnews.c ��� temid=41 LINK
... 


The below posts shaded in green
are on our Iraqi News page

Securities Commission reveal the reasons for the central bank guardianship of the Warka Bank

Securities Commission reveal the reasons for the central bank guardianship of the Warka Bank
Friday 10/05/2012 06:34 am

Baghdad / term : revealed Securities Commission about the reasons for the central bank set up a committee and tutelage on the Warka Bank for Investment and Finance.

stated book issued by the Authority and addressed to the Board of Governors Iraqi market for securities that the commission had approached the central bank correspondence several to issue a statement the reasons set Committee, duties and duration and available for publication to inform shareholders and depositors and creditors.

The Commission noted in her book that the central bank issued a book on 24.9.2012 with the required information. Explains the book's central bank said that the basis on which called for a decision to appoint a committee trusteeship Warka Bank is faltering bank in the payment of its obligations towards its customers and its inability to solve the liquidity crunch.  

Source: two banks Two for one person Isthoman Alkamihalokpr Central Bank Alamlhfa auction

Source: two banks Two for one person Isthoman Alkamihalokpr Central Bank Alamlhfa auction
Friday 10/05/2012 06:35 am

Baghdad / term : source revealed for takeover banks from private sector banks Iraqi bulk quantity of foreign currency sold in the auction currency daily, which is evaluated CBI.

said the source, who works in the banking sector declined to be named, said banker United Investment and the Iraqi Islamic two belong to the same person is based Iraqi businessman in the Jordanian capital of Amman (P. d) Isthoman the largest amount of the amount of money that is sold at auction and central bank on a daily basis.

The source questioned in the presence of collusion between gangs in the Central Bank and the management of the two banks that enable them to enter the auction and they get a large amount of money, despite they Aa�dan to one person. The source estimated the size of the amounts received by the two banks through an auction hard currency B (20 - 50) million dollars by supply and demand conditions in the market.  

Legal parliamentary exclude Iraqi funds affected by climate administration

Legal parliamentary exclude Iraqi funds affected by climate administration Friday 10/05/2012 06:33 am

Baghdad / term : ruled out legal committee parliamentary Wednesday that be to change the administration in the next presidential election, any impact on the decisions of the United States, for the protection of Iraqi funds.

A member of the Legal Committee MP Haider Mulla, in an interview with "Twilight News" " exclude any effect on the U.S. government's decision to protect Iraqi funds, "stressing that" the protection of the money in U.S. banks is a requirement Iraqis before being demand U.S. and part of the obligations of the United States with Iraq, according to the agreements signed between the parties in the remainder of the money under protection not subject to the claims of companies. "

He called Mullah "The Iraqi government on finding a solution to the Iraqi funds frozen in U.S. banks so as not to remain under the will of America."  

State law: Erbil agreement will be implemented and will abide by its decisions

State law: Erbil agreement will be implemented and will abide by its decisions Thursday, October 04, 2012 09:00

Baghdad / Orr News: According to a member state law Saad logistical, that the coalition is committed to the implementation of the Convention on Arbil. Stressing that it would abide by all agreements that do not conflict with the Constitution.


The deputies from the Kurdistan Alliance and the Iraqi said he does not have a key to solving the crisis, and that there is not serious in the implementation of the Convention on Arbil, pointing out that state law did not comply with the remainder of the application of the Convention.
Click for Link

Parliamentary Energy: petrodollars law will be passed in the coming days

Parliamentary Energy: petrodollars law will be passed in the coming days 04/10/2012 04:01

Said a member of the parliamentary energy commission Uday Awad, the House tends to view the law of petrodollars in the next few days

Awad explained to (Center Brief for the Iraqi Media Network, will be in the coming days pass a law petro dollars after leading differences between the Committee on Energy and Committee of the Regions on the law to delay approval indicating that the producing provinces of Petroleum raised that have allocated two dollars for each barrel as proposed provinces non-oil producing that have allocated one dollar for every barrel. http://imn.iq/news/view.15762/

Expert: pay dues to companies operating in Kurdistan is a good step to resolve differences between Erbil and Baghdad

Expert: pay dues to companies operating in Kurdistan is a good step to resolve differences between Erbil and Baghdad 4/10/2012

Baghdad (news): praised the economic expert Majid picture, the action carried out by the federal government to pay dues to oil companies operating in the region, and described it as a good step to end the differences between the two governments and federal Kurdistan on oil.

said Suri (of the Agency news) on Thursday: Any Understanding being between Erbil and Baghdad will lead to resolve a large part of the differences between them over oil, adding that the situation in the country does not assume crises and disagreements between the parties, and must be put concessions and resorting to the Constitution to overcome the obstacles and to serve the country.  

The Ministry of Electricity demanding financial release frozen funds

The Ministry of Electricity demanding financial release frozen funds  2012-10-04

Righteousness electronic / Baghdad: Demanded that the Ministry of Electricity counterpart financial sprayed their funds frozen in U.S. banks and the Development Fund for Iraq (DFI).

The ministry spokesman Musab teacher that "the ministry demanded that the Ministry of Finance launched its funds frozen in the Development Fund for Iraq, which holds large amounts intermediate of the Ministry's budget."

The teacher continued that "the money mentioned include funds projects stalled and unfinished projects as well as projects of the money companies Almtherbh and lagging work in Iraq."
http://www.alestiqama.com/news.php?cat=business&id=1327

Central Bank ruled out a draft action to delete the zeros in 2013 because he needs time

Central Bank ruled out a draft action to delete the zeros in 2013 because he needs time Thursday 4 October 2012

BAGHDAD - babysit : ruled the Central Bank of Iraq working draft deleted three zeros from the Iraqi currency in 2013, because it takes time and a new fiscal year.

The deputy governor of the Central Bank of the appearance of Mohammed Saleh in a press statement, that "the proposed deletion of zeros from the currency needs time, pointing out that" there is a decision of the Council of Ministers to linger on this project." 

CBI: "Iraqi Dinar's price witnesses recovery against US Dollar"

CBI: "Iraqi Dinar's price witnesses recovery against US Dollar" Thursday, 04 October 2012 13:19

Baghdad (AIN) : The Central Bank of Iraq stressed "The stability of the US Dollar's price against the Iraqi Dinar since the Iraqi Currency witness clear recovery."

The Deputy Chairman of the CBI, Mudhir Mohamed Salih, stated to AIN on Thursday "The Central Bank of Iraq managed to control the exchange rate of the US Dollar against the IQD Dinar at 1.18 or 1.19," noting that "All the exchange offices make up 5% of the demand for the Dollar." 

Maliki confirmed Iraq's desire to strengthen ties with Iran

Maliki confirmed Iraq's desire to strengthen ties with Iran  Thursday, October 4, 2012 18:47

Prime Minister Nuri al-Maliki on Wednesday that Iraq was keen to strengthen its relations with Iran, and stressed during his meeting with Iranian Defense Minister Ahmad Vahidi on the need for bilateral cooperation with Tehran "to establish security and stability in the region and the fight against terrorism."

According to a statement issued by the prime minister al-Maliki said during a meeting with Vahidi that "Iraq is seeking to have good relations with all countries, particularly the Islamic Republic of Iran."

The Prime Minister emphasized that "what the region is witnessing requires more understanding and coordination including protecting their countries of challenges faced." 


The below posts were in our 10am email
Oct 4 8:34 AM [Rocky49] BBL got to go to a rat killing. I am checking traps I set out in the storage shed. I wil be back with a count.

Oct 4 8:34 AM [berdu] gtg work awaits I hope this is our day because things got very hairy at work yesterday-yelling and threats to quit from others. No fun there.

Oct 4 8:36 AM [Princess M] Good Morning please sit back with your seatbelt tight...this rollercoaster ride is not over yet but do feel we are going to pull into the station very soon......GO RV

Oct 4 8:36 AM [Stitch] Bloom Properties signs cooperation agreement with Iraqi Ministry of Construction and Housing at Cityscape Global 2012 http://www.ameinfo.com/b ��� i-314039

Oct 4 8:37 AM [stoner2] Princess M Whooohooo

Oct 4 8:38 AM [Princess M] stoner2 :whoohoo:

Oct 4 8:38 AM [Stitch] Breaking News----Talabani meets al-Maliki. http://www.ninanews.com/ ��� Q=GDLHDI
...


[diamond77guy] Bulldog75, Bulldog75!!! Hello, sir!
[~SpiritualWarrior] Bulldog75 Well, there's a sight for sore eyes... C'mon in!
[Kini] Bulldog75 Hello!!! Glad to see you!!!

[Bulldog75]: HELLO EVERYONE ~

[.gypsymama] Bulldog75 GOOD TO SEE YOU BROTHER

[.~dinarmama7] WE WILL EXTEND THE CLOSING TIME UNTIL 12:30 CDT IN HONOR OF BULLDOG75 FINDING HIS WAY HOME.

[~sednet1] ALRIGHT FAMILY NO RATES OR DATES!!! COPY THAT? LETS JUST HAVE SOME CONVERSSTION? OK?

[Bulldog75] ~sednet1 : EVEN THOUGH YOU HAVE REQUESTED NO RATES AND DATES ; I AM GOING TO QUOTE THE RATES.

[Bulldog75] THE DONG AND IQD ARE BOTH ABOVE .01 .............
[~sednet1] FLOOR IS YOURS SIR
[Bulldog75] LOL


BGG's Streaming Updates Call

Thursday Oct. 4th (12:00 pm CST) with BGG and guest

Just click on the "Straight Talk Radio" banner @ www.dinarupdates.com/blog and listen.
The Gatekeepers Team CC for Thursday October 4th, 2012 8pm (ET)

Main call in number (760) 569-7676 Pin# 378652

Back up number (559) 546-1400 follow prompts

We Search for it ... We Bring it... So our listening audience Gets IT!!!

Join Vic (Vic1tgk) , Joey , Whiskey-6, KJ, T-Dawg and A-33 for a GREAT Night of NEWS!

Thanks to Dinar Recaps and all our callers for all your support!
[cruiser] GM all. I would like to thank everyone. I feel honored to have met a lot of great people, who are going to do wonderful things. I am fortunate to be in the presence of some many who believe. No matter what the obstacles each and every one of us has had, we are all still here. Standing, fighting to get to the next level. Yes I understand that we are still in the waiting phase, but I am encouraged that we are ready to take the next step. "The Receiving". Please be extremely cautious. There will be many people that will be coming after you. Remember the word "Private". Protect what you have worked your backsides for. You are all wonderful people and will all do, exactly what you have said you will do. Together we will make a difference. Thank You for letting me be a part of this wonderful group!!! Please enjoy the day. I will be bak on later.
,,
[BWM] .Angel Squirrel 7 lots of discussion today about the smartcards... apparently a number of facebook accounts (now there's a new source) were trending information about that

[oucrazy] BWM. . . would it be fair to say that for the smart card to be activated an in country rv would have had to occur. . . that in turn would be a precursor for an international release?

[BWM] oucrazy well here's the deal on the smartcards... technically, those are government payment cards SO there is an amount on them... in order for that to be a definitive answer we'd have to know the absolute value of dinar to usd PARTICULARLY HERE IN THE U.S. this is why I want to talk to the guy here... when he goes to the bank tomorrow and tries to cash that in, we'll know how much the value is...
,,


9:20 PM [Soonerfan62] GUYS I CAN'T IMAGINE A BETTER TIME TO COME IN CHAT THAN WHEN THE DEBATES ARE GOING ON. SINCE I KNOW ALL OF YOU ARE BORED, I THOUGHT I WOULD COME IN AND HAVE SOME FUN.

SQ AND I HAVE BEEN CHATTING AND LAUGHTING AND HOPE ALL OF YOU ARE IN A GOOD MOOD TONIGHT BECAUSE I SURE AM.

I HAVE BEEN ON THE  phone  ALL DAY AND I AM REAL EXCITED ABOUT WHERE WE ARE AT. TONIGHT THOUGH I AM NOT GOING TO MENTION WHO I HAVE TALKED TO BECAUSE IF I DO, I WILL BE HAMMERED BY SOME AT 3S THAT I HAVE NO INTEL AND DEPEND ON ALL THE OTHERS TO PROVIDE ME.

SORRY GUYS, BUT I   THE FACT THAT I CAN TALK TO ALL PROVIDERS, FROM ALL SITES.

I BELIEVE THAT IS THE WAY WE ALL SHOULD BE. I WILL NOT TALK ABOUT RATES OR DATES BUT I WILL ASSURE YOU WE ARE IN A GREAT POSITION TONIGHT AND WITH THAT SAID, LET'S CHAT.
...


The below posts shaded in green
are on our Iraqi News page
Parliament transmitting file a draft law on oil and gas ministers specialists to resolve points of contention
10/04/2012

Congress: We must basket legislation to get to the right direction in the management of the nation's money

Baghdad, Omar Abdel Latif : instructed the presidency of the parliament, to convene meetings between the oil minister in the federal government and the Minister of wealth and natural resources in the Kurdistan Regional Government to reach a agreement on the contentious points in the draft law of oil and gas. With some lawmakers stressed the importance of the vote on the law of the national oil company, kept others on approval by the oil and gas law.

According to a statement of the Information Office of the First Deputy Chairman of the House of Representatives, Dr. Qusay al-Suhail, got the "morning", Wednesday, a copy of Suhail chaired a meeting with Oil Minister Abdul Karim and coffee and wealth and the Minister of Natural Resources in the Kurdistan Regional Government Ashti Hawrami blocks and heads the Iraqi National Alliance and the Kurdistan to discuss oil and gas law.

 

Korean Ambassador: trade with Iraq exceeded $ 10 billion
10/04/2012

BAGHDAD - morning : announced the Korean ambassador in Baghdad said the trade volume between South Korea and Iraq has reached $ 10.5 billion. said Korean Ambassador Hyun Myung Kim's (Center Brief for the Iraqi Media Network) that "the volume of trade exchange between South Korea and Iraq exceeded $ 10.5 billion, and that his country is working to enhance the volume of trade exchange and upgrade work its companies in Iraq, especially in light of a relative improvement of security. "

and Noting there that "Korea will open a consulate in Basra when you are increasing companies Alchorahamlh in Iraq" and that "the number of Korean companies operating in Iraq exceeded the 15 companies which mostly important companies in South Korea. "Iraq is seeking to sign bilateral agreements with South Korea for the purpose of promoting economic cooperation between the two countries.

http://www.alsabaah.com/ArticleShow.aspx?ID=36409

  

Economist: optimal payment on credit option and fears excluded despite its legitimacy
10/04/2012

Faltering implementation of infrastructure projects and weak investment pay him

BAGHDAD - Hussein Tgb Tamimi : finished project infrastructure much of the attention of Parliament, the government and economists decision-makers chapter in its economic feasibility and most importantly fill times citizens who are waiting for approval to bring them from returns social in providing services and opportunities Labour turned the project into the issue of this controversy and objection demonstrates fully aware of the importance of enriching any draft resolution clause to exclude political goals and so they are healthy in order to enrich the draft resolution and leaving an integrated project preserves the interests of all parties benefiting government and people as well as executing companies.

 

Tariq Harb criticizes the large number of Kobler's remarks on Iraq and considers it contrary to his work in Iraq
04/10/2012 09:58 AM

Babinaoz - Agencies: criticized legal expert Tareq Harb what he called the representative of the Secretary-General's concern for the United Nations in Iraq for the security side, noting that many statements that are declared by Mr. Kobler on frequent concern about the situation in Iraq opposite the UN Security Council resolution 1770 for the year 2007

The war told N. news reporting showed Mr. Kobler Representative of the Secretary-General of the United Nations in Iraq worried about the security aspect and a few days ago expressed concern about democracy and the election of the Board of the Electoral Commission and accepted expressed concern about the death sentences of terrorists we do not know the end of the concern he builds his concern on the death sentences terrorists and show concern for the security incidents carried out by terrorists where collection contrast and its opposite, "

 

Deputy Kurdistan: if electricity was available would not oppose the citizen to pay your bills
10/04/2012  12:17 pm
 
Criticized the MP for the Kurdistan Alliance Ashwaq dry and the Ministry of Electricity to cut electricity for houses, indicating that the ministry if they were saving many hours of electricity to the citizens would not object one to pay your bills.

The Dry told {Euphrates News} today that "the Kurdistan region despite the supplied electric power for a long period of houses, but he did not impose on citizens and one list of Bajaur very high as you do and the Ministry of Electricity in Baghdad now," wondering "where it comes from citizens high amounts paid by the ministry which did not provide him with only a very short hours of electricity. "

And demanded that the Ministry of Electricity to "installment payments imposed on financial citizen k {collection} instead of power cuts him in the service of citizens."

 

Inability to pass (3 drafts) for the oil and gas law and behind the formation of its quintet to resolve the (fate)
10/04/2012 10:01 AM

MP for the Kurdistan Alliance, a pro-Tayeb said the Committee of Five which was formed to study the draft law of oil and gas have been formed after the failed political and parliamentary blocs.

He said that the drafts prepared for this law (parked) years ago there project since 2007 and there is a proposal from the Commission on oil and energy parliamentary and bill of the Council of Ministers and the drafts of the three were unable to pass through Parliament in addition to the problems that have occurred between the province and the federal government, all of which pushed for the formation of this committee in order to reach a draft correspond by all parties.

And said, "This will be under the supervision of the Committee chairmanship of the President of the House of Representatives and the Minister of Natural Resources in the province and the oil minister of the federal government and the three other members of the large blocs of the Iraqi National Alliance and the Kurdistan Alliance."

 

Body integrity received disclosure of financial interests-Maliki
2012-10-04 14: 13: 23 Thursday

Baghdad (newsletter) : Integrity Commission announced today the receipt of statement of financial interests of Prime Minister Nuri al-Maliki.

The body said in a statement received (News Agency news) on Thursday: high response rate to the Prime Minister (50%) After former Deputy Prime Minister Hussein Shahristani disclosure of financial interests.

He remained a presidential response (25%) And only providing the President Jalal Talabani revealed financial reconciliation form, still the House response rate (23.3%) Where ft (76) out (325) of the Presidency of Parliament and its members financial interests disclosure.

http://www.ikhnews.com/news.php?action=view&id=58680


Join Our Mailing List 

Click here  

Contact Us

Dinar Recaps

PO Box 1090

Edison, New Jersey  

08818

 

About Us
We are Iraqi Dinar Investors who Tweet and blog the latest Dinar information gathered from public forums, chat rooms, and blogs.  Our Blog posts are e-mailed in this Recap Newsletter.  

� Copyright DRT Distribution, LLC All Rights Reserved   DISCLAIMER:  We do not endorse, support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted or otherwise contained on Dinarrecaps.com or any Dinar Recaps Twitter account or Dinar Recaps email or newsletter or post or any related or affiliated website or Twitter account (collectively, the "Website").  We do not endorse any opinions expressed on the Website.   Dinar Recaps is not a registered investment advisor, broker dealer, banker or currency dealer and as such, no information on the Website or Email newsletter should be construed as investment advice.  We do not intend to and are not providing financial, legal, tax, political or any other advice to any reader of the Website.  This site is merely for informational-entertainment purposes. It is not the purpose or intention of this site to influence any person to purchase or sell Iraqi Dinars or any other currency.  Do not buy, sell, trade or hold any Iraqi Dinars or any stocks, bonds, other currencies, or commodities based upon any postings or messages on the Website or referenced on the Website. You should seek and rely on the advice of licensed and registered financial, legal and tax advisors of your choice. The owners or operators of the Website shall be all be held harmless for any/all information posted on this site and Twitter account(s) and email newsletter(s). Any and all information contained herein shall be construed as "Rumor."  The owners and operators of the Website site shall not be held responsible for any information contained hereon including information provided by others.