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10am, October 5th, 2012  

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Our Blog Posts
Intel4u Member Morning Chat
Winalot & MIG Members Chat
Bulldog & OOM & Friends Chat - Post By
BWM in Chat at 3S's Thursday evening
Med Chat - Post By Ksdunlap Dinar Speculator
The posts shaded in green are on our Iraqi News page
The below posts were in our 10pm email
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
© Copyright DRT Distribution, LLC All Rights Reserved

Oct 5 8:07 AM [redhead1] Good Morning Everyone - checked all the sites this morning and really did not see very much - seems all sources have either proven to be incorrect, bogus or dried up. Guess the gurus are scrambling to give information today. da58 - has that information been verified on the dinar rate to the dolla

Oct 5 8:08 AM [spades] redhead1 on currency newshound . short article about the rate . same thing as yesterday though .

Oct 5 8:08 AM [da58] redhead1 it's just an article - that seems to be a follow up on yesterdays - waiting for forex to something to change, and it would seem it will. Andd for the darn banks to open to see what they say on rates as well

Oct 5 8:09 AM [da58] xyz I want out of drama class.. lol

Oct 5 8:09 AM [redhead1] da58 - my bank opens very early - 7am on Friday - give me a few minutes and I will call and see if I can get through to them - they do foreign exchange and the manager has dinar...be back soon

Oct 5 8:11 AM [kenbo] good morning friends.. I think 1 this finally pops in my bank account is full I'm taking a month off from everything

Oct 5 8:11 AM [da58] dinar trade took VND off their site late last night
...


7:07 AM [eleanor] winalot winalot How much champayne does one add to coffee this early in the morning?

7:08 AM [winalot] eleanor u have that backwards... how much coffee to add to champaign...NONE!

7:08 AM [winalot] i wonder how the naysayers are gonna combat this article

7:10 AM [da58] eleanor sally - get your plan in order - remember???       

7:17 AM [BIGREDDOG] where did everybody go?
7:17 AM [winalot] bigreddog here!
7:18 AM [winalot] bigreddog maybe they are reading?

7:18 AM [BIGREDDOG] winalot okay dont leave me
7:18 AM [winalot] BIGREDDOG not going anywhere

7:19 AM [winalot] also... did u guys see that dinar trade took the VND off of hteir site?
...


Bulldog75 10/4/12 Late Thursday Night
New post  SpiritualWarrior Today at 1:14 am

[Bulldog75] REMEMBER : IF ONE HAS THE FAITH AND BELIEVES, ...MOUNTAINS CAN BE MOVED. MANY EVENTS THROUGHOUT HISTORY HAVE SHOWN THAT THE BEST DOES NOT COME EASY OR QUICK. ONLY TIME WILL TELL, BUT THE TIME IS NYE. AND GOD WILL DECIDE THIS.

[Bulldog75] MAY YOUR LIGHT SHINE FOREVER; FOR THE ONLY REAL THING IN THE UNIVERSE THAT NEVER CHANGES.........IS YOUR SPIRIT.

[Bulldog75] ONE CAN ASK THE : WHO, WHAT, WHEN, WHERE, WHY AND HOWS . THOUGH AT THIS POINT, WE SIMPLY KNOW THAT GOD'S CHOSEN CHILDREN ( OF WHICH EACH OF YOU ARE) WILL BE BLESSED SHORTLY IN TIME. KNOW THIS.
...


[BWM] sorry would have been here sooner... but they have been doing roadwork and installed a new bump in the road.. I think (according to Al Gore) the altitude affected me...

[mamari4] BWM what the hay is going on in dinarland... recaps is just crrazy .... BWM what say you?

 [BWM] as of this time...M] mamari4 I'd say they need to bust the straightjackets out...

[BW[BWM] let's recap the day (as always, my opinion and sources)

[BWM] 1. no in country rv as of 1 hour ago...

 [BWM] 2. no you cannot cash out at 5/3rd bank

[BWM] 3. the rate will not (think where you live) be 1.18 here...
,,


    Med (20:27:05):    OK TO BUSINESS    I WAS PAYING ATTENTION TO ONE ARTICLE TODAY    ONLY ONE    IT WAS TITLES CENTRAL BANK RULES OUT DRAFT ACTION    ON DELETING THE ZERO'S    OK    FIRST OFF

    FIRST INACCURATE STATEMENT    THE APRIL ISSUE OF THE CABINET STOPPING IT   THAT AS WE KNOW IS NOT TRUE    THEY TRIED    THEN PARLIAMENT STEPPED IN    AND SAID THEY HAD NO RIGHT TO DO SO    AND THAT THE DECISION TO RV    WAS ON CBI

    AND THAT CBI WAS WORKING WITH THE PARLIAMENTARY FINANCE    TO COORDINATE IT    NOW ALSO GUARDIAN   REFERED BACK TO THE JULY 4TH POST    WHERE IT WAS OFFICIAL    THEY WERE DELETING THE ZERO'S

    A COUPLE THINGS BEFORE I GET TO THE ACTUAL MAIN COURSE HERE    THIS ARTICLE AND MANY OTHERS    THAT HAVE COME OUT AS OF LATE    ARE TO ME PIECE MEAL    THEY ARE NOT OFFICIAL INTERVIEWS    THAT WERE JUST DONE    THEY DONT EVEN FOLLOW A LEGITIMATE PATTERN    IN JOURNALISM

    NOW TO THE REAL PIECE OF THIS ARTICLE    THAT TELLS IT ALL
...


The below posts shaded in green
are on our Iraqi News page
Expert: lifting the dollar in banks Kuta means the success of the policy of the Central Bank and exchange rate stability
2012-10-05 08: 43: 34 Friday

Baghdad (newsletter) : The Economist attributed Manaf Al Sayegh, the causes of the recent Central Bank action to lift (Kota) price from Iraqi banks, currency exchange rate of the dinar against the dollar.

He said Sayegh (News News Agency): the new procedures the Central Bank lifted rates on currency in Kuta Iraqi banks and to make free market currency market due to the stability and balance of the dinar against the u.s. dollar in the local market, indicating that the Kota price imposed on currency in banks previously when the dollar rose to dinar.

 

Petraeus: Soleimani evil mastermind of the chaos in Iraq
10/05/2012 10:54 AM

Babinaoz - agencies: Detection Michael Gordon, a political analyst in the New York Times reported that General Qassem Soleimani, commander of Iran's Qods Force, still haunts the United States, Iran being the mastermind of the chaos in Iraq.

Gordon and depending on what motivated by information in the course of authoring his book "The End of the game: the story secret of the struggle for Iraq from George W. Bush and even the Obama administration," written in collaboration Maaganral retired Bernard Bryantor, recounted many of the subtleties of the role Soleimani in Iraq and the region, which did not reveal previously.

When he traveled a senior Iraqi intelligence official to Tehran in the summer of 2007 to meet with the Iranian leadership, soon discovered who is responsible for Iran's policy towards its neighbor to the west. It was not official, this is Iranian President Mahmoud Ahmadinejad, but he was a militia commander Quds paramilitary mysterious, Qassem Soleimani, who explained calmly that "the sole authority of the movements of Iran in Iraq," according to a novel Iraqi official transferred to U.S. officials later in Baghdad .

 

Expert: raise the quota of the dollar exchange rate in the banks means the success of central bank policy and exchange rate stability
Friday 5 October 2012

Follow-up - and babysit : economic expert attributed Manaf Al Sayegh, the reasons for the recent actions of the Central Bank to raise (Kuta) Prices of Iraqi banks for the currency, to stabilize the exchange rate of the dinar against the dollar.

Said Sayegh: The Central Bank to establish new procedures raise quota prices for the currency in Iraqi banks and make market currency market free as a result of the stability and balance of the dinar against the U.S. dollar in the local market, noting that the quota prices imposed on the currency in banks previously when dollar exchange rate rose against the dinar.

He added: that the central bank to impose restrictions on the sale of the currency in Iraqi banks when increased demand for the dollar and increased its value against the dinar,  procedures achieved a successful balance in the currency.

 

Oil Committee expects resolution of the Committee of Five Draft 2007 Oil and Gas Law
Friday, October 05, 2012 11:20

Twilight News : predicted oil and gas committee in parliament, Friday, the joint resolution of the Committee of Five Draft 2007 between the drafts submitted to the draft law of oil and gas.

He said the Commission's decision Qassim Mohammed Mchkta in an interview with " Twilight News "that" there is a consensus on the draft 2007 by the parliamentary blocs and the provincial government and its counterpart Federal, it is possible to choose the quintet as a bill for oil and gas or a combination of two draft out format final to them. "

The Mchkta added that "the Committee of Five decided to continue meetings until an agreement on the draft of the bill."

 

National Alliance reveals a meeting between the blocs to resolve the final position of the Code of infrastructure
Friday, October 05, 2012 08:28

Twilight News : revealed mass virtue internalized in the National Alliance, Friday, convening a meeting between the parliamentary blocs next week to resolve the positions of the infrastructure bill, emphasizing the inclusion of all the blocks on the reviews mentioned law.

The head of the bloc Virtue parliamentary Ammar Tohme said in an interview for " Twilight News "that" there is a committee was formed to take notes parliamentary blocs on the bill infrastructure and included in it, "noting that" the Committee ended its work to include all the notes on that project. "

Tohme said that "next week will see a meeting of the parliamentary blocs to resolve the position of the bill law infrastructure", pointing to the existence of indicators of positive reaction from the blocks to approve the draft law. "

 

Source: two banks Two for one person Isthoman the largest amount of currency auction at the Central Bank
10/04/2012 14:29:16

BAGHDAD (Iba) : Source revealed acquisitions bankers of the Iraqi private banks to the largest amount of foreign exchange sold in the daily currency auction held by the Central Bank of Iraq.

The source, who works in the banking sector declined to be named, said banker United Investment and the Iraqi Islamic owns one person is Iraqi businessman resident in the Jordanian capital Amman (P. D) Isthoman the largest amount of the amount of money that is sold at auction the central bank and a daily.

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, although they were returning to one person.

 

Deputy State law calls for political blocs to vote on the law infrastructure of the utmost importance for
10/05/2012 07:11:28

BAGHDAD (Iba) : MP for the coalition of state law Hadi al-Yasiri political blocs to vote on the law infrastructure of the utmost importance.

He said in a press statement received by the independent press (Iba) a copy of it if they do not vote opposing political blocs on the law infrastructure National Alliance would be forced to take the necessary action to suit the Iraqi citizen to know who stands against him and Mstfbl his sons.

 

The Ministry of Planning reveal that the budget for next year will amount to 132 trillion dinars
Friday, 05 October 2012 09:45

BAGHDAD / obelisk: The Minister of Planning Ali Shukri, Friday, that the budget for next year will amount to 132 trillion dinars, while pointing to it calculated according to preliminary estimates for the price of a barrel of oil product of $ 90.

Shukri said the "obelisk", "The ministry has prepared a budget for 2013 amounted to 132 trillion Iraqi dinars," noting that "budget calculated on the basis of preliminary estimates for the price of a barrel of oil at $ 90 dollars."

 

Minister of Municipalities exchange confirms 80% of the overall budget of the ministry until the end of last September
Friday, 05 October 2012 08:43

BAGHDAD / obelisk: Minister of Municipalities and Public Works Adel said Friday that his ministry spent 80% of the 2012 budget until the end of last September, while noting that it will refer the ten decades of giant projects in different parts of Iraq.

Said  for "obelisk", that " the exchange rate of the budget of the ministry of 80% until the end of the month of September, "pointing out that" the Contracts Committee in the ministry is working to refer ten contracts giant infrastructure in the cities of Basra and Kirkuk, Mosul and Ramadi, Nasiriyah and victory Shatra. "

 

Economist: you must apply three zeros deleted project citizen service and local currency
2012-10-05 15: 42: 39 Friday

Baghdad (newsletter) : The Economist stressed Abdulhasan alshammari, need to apply project delete three zeros currency because it hurt to serve the citizens and national currency by reducing cash large groups of blocks in the local market.

He said Al-shammari (News News Agency): the implementation of the restructuring of the Iraqi currency after deleting three zeros were necessary because it will serve the citizen and national economy as large groups would turn into a small unit, which will facilitate market transactions and accounts for State services.

He added: the project will provide additional financial resources for the country through printed coins (dinar and half quarter dinar, dinar) where the life span of these categories (25), while older paper no later than three months it's quick handling and damage.


The below posts were in our 10pm email
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!
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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.
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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.
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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.
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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.
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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
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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.
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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." 


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