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Post From Dinar Updates
Chat Room Excerpts & Highlights
BGG says():Law for the Regulation of Commercial Agency No. (51) For 2000 (brought by RCookie)
http://www.dinarupdates.com/observer/
rcookie () - HERE IS THE BIGGIE...FLYING UNDER THE RADAR FOR [SATURDAY] ...
COMMERCIAL AGENCY LAW...PLEASE READ AND UNDERSTAND HE SIGNIFICANCE RELATIVE TO DFI (DIRECT FOREIGN INVESTMENT)...
Quote: "THIS LEGISLATION AIMS TO REGULATE THE WORK OF COMMERCIAL AGENCY EXERCISED IN IRAQ BY AN AGENT FOR THE BENEFIT OF A NATURAL OR LEGAL PERSON FROM ABROAD;
AND REGULATE THE TRANSACTIONS OF THE DEPARTMENTS OF THE STATE, THE SOCIAL, MIXED AND PRIVATE SECTORS AND THE UNIONS WITH NATURAL AND LEGAL, ARAB AND FOREIGN PERSONS IN SUCH A WAY AS TO ACHIEVE DEVELOPMENT TARGETS, PREVENT EXPLOITATION, AND SECURE THE INTEREST OF THE NATIONAL ECONOMY..."
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Post From Dinar Updates
Chat Room Excerpts & Highlights
Strategic planning
Member of Parliament Dr. Mehdi al-Hafez praised the role of the International Projects Center and the Union of businessmen in determining the economic problems and provide treatment to her, pointing out that this presence between the parties helps to assemble efforts and mobilized to develop the sector and industrial production projects, noting that he was standing at twice the capacity and expose corruption and thinness of infrastructure and the absence of strategic planning and the lack of implementation levels, as well as poor control mechanisms.
He stressed the importance of addressing the developmental problems and achieve economic reform and national liberation from terrorism and get rid of corruption and promoting national unity as well as the diversification of the national production.
Private agendas
The head of Businessmen Union Reza Ragheb Blibl has pointed out that the establishment of the workshop in this place is aimed at emptying everyone to discuss the most important ways to achieve development in the rich like Iraq is a country and to stand when addressing the challenges precise mechanisms after study the conditions of eight provinces and organize a private agendas and discarded before the makers resolution, referring to several meetings before this workshop in Baghdad, addressed various aspects of development.
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Post From Dinar Updates
Chat Room Excerpts & Highlights
NEWSTIME WITH BGG & CO.
MrsBGG says():Welcome to News Time tonight!! Hope everyone enjoyed Thanksgiving with their family and friends!! We are gald that you are here
magnetlady says():Thanks subby
subgirl says to magnetlady():your very welcome
For anyone who is new to News Time, welcome!! We are glad that you are here!!
Sit back and relax and enjoy
BGG says():HUGE NEWS DAY... for those that missed it thus far - be sure to tune into the Chat Logs - Loop, RCookie and others have been BOMBING the Chat Room with very good News ALL DAY...
THE RESOURCE for the BEST REAL Dinar info - ANYWHERE!!
BGG says():Let's get some Real News going here...
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TNT:
GS13: Good morning TNT Just doing a quick fly-by. I'm hearing awesome things from my sources today I can't give details but things are looking very good for this week
Mangelo: my friend who is from Iraq is in my group...his family lives in Iraq...it takes time for them to reply...they have an RI they are doing business. it's not public to us yet...besides they take their sweet time in answering my questions.
.
VeryBlessed: gm everyone, what is the difference between a RI and a RV?
Freeway2: Gd morning - RI means to re-instate at same rate when devalued, and RV means Revalue to a higher rate than it is now. (In Iraqi case) Maybe someone else can give a better explanation
Cheeca: I just don't understand why our Dinar currency would still be good when they have printed new money. I look at it like it may be Confederate money
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KTFA:
BACKDOC: WITH ALL THAT IS COMPLETED AND COMPLETING IN IRAQ AND VIETNAM, THE DOLLAR WILL NOW BEGIN TO MAKE ITS' ADJUSTMENT AND OIL WILL BEGIN ITS' RIDE HIGHER!
THIS IS A HUGE EVENT, JUST AS I TOLD YOU IT WOULD BE! DON'T FORGET FRANK SAID OIL WOULD GO HIGHER AS WELL, BUT FROM HIS TEAMS HE SAID IT WAS DELAYED A MONTH!
MY EYES WILL NOW WATCH FOR EVENTS ON THE 8TH THAT WILL BE STARTED! DOC IMO
Thunderhawk:
Dollar gives in to gravity and drops as U.S. yields extend fall
The dollar gave in to gravity on Monday and pulled further away from near 14-year highs as U.S. Treasury yields eased from recent peaks.
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WSOMN:
ADMINBILL:
MONDAY, NOVEMBER 28, 2016 (0700 MT)
NOT MUCH TO REPORT LATELY. I HAVE BEEN ON THE PHONE AND YOU CAN READ FOR YOURSELVES THE ACCOMPLISHMENTS IN IRAQ AND ELSEWHERE.
CONTACTS REMAIN VERY OPTIMISTIC WITH SOME SAYING THIS WEEK. A FEW TALK ABOUT ZIM BECAUSE THAT IS WHAT THEY ARE BANKING THEIR FUTURE ON. SOME ARE INVESTED IN MANY CURRENCIES.
WHAT I DO NOT DO, AS SOME DO IN THE FORUM, IS BELIEVE EVERYTHING IN THE NEWS THAT CAN BE ASSOCIATED WITH ACTIVITY WITH THE RV/GCR.
THE NEWS SOURCES LIE WITH UNDENIABLE REGULARITY. MOST OFTEN THE DISINFORMATION OR OUTRIGHT DISHONESTY IS PURPOSEFUL AND MEANT TO FOOL THOSE WITH LITTLE OR NO DISCERNMENT. IN THIS DAY AND AGE OF NEWS, JOSEPH GOEBBELS WOULD BE DELIGHTED.
I AM STILL OF THE OPINION THAT OUR MOVING TARGET IS BETWEEN NOW AND THE END OF JANUARY.
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(
Thank you George for emailing this to Dinar Recaps.)
November 28, 2016 Mnt Goat News Brief
Hi Everyone,
Todays' news is very, very exciting. It tells us so much about the dynamics going on in the Iraqi govt and between the Kurdistan region. Also about all the drama going on with the 2017 budget and it is absolutely amazing!
Last we knew they were supposed to take the final vote on Saturday 11/26. Did they? What happened?
We see it did not come up for a final vote due to more needed changes or disagreements so it was stalled again. We see some PMs wanted to continue to stall it again and again and even suggested holding the vote off until even next Thursday. But, as we read the articles below, we see pressure from Abadi to try to stop the delay. We see the pressure as they are down to the wire on getting the budget done.
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The below posts were in our 10am Newsletter
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WSOMN:
Beginning 11:16pm CT
ADMINBILL: GOOD EVENING ROOM. I HAVE HAD A GOOD WEEKEND COMBINED WITH WORK AND A DAY OFF TODAY. I COMMUNICATE WITH MANY PEOPLE ALMOST DAILY BY TEXT, PM, EMAIL AND PHONE.
I BELIEVE THE INFORMATION I AM GETTING POINTS US IN THE RIGHT DIRECTION WITH A POSSIBILITY OF THIS WEEK FOR MAJOR EVENTS TO TAKE PLACE THAT MAY USHER IN PROSPERITY FOR MANY.
I HAVE SPOKEN TO CATALLINA AT LENGTH TWICE AND FIND HIM TO BE A VERY REPUTABLE PERSON.
I CAN NOT SPEAK TO THE ACCURACY OF HIS STATEMENTS QUITE YET BECAUSE THIS HAS BEEN A LONG WEEKEND FOR MANY AND THEY REMAIN OUT OF TOUCH. I CAN SAY WITH CONVICTION THAT HE HAS BEEN INVOLVED WITH THE PROCESS FOR MANY YEARS.
WITH THAT CATALLINA HAS ABSOLUTE FAITH IN THE CONTACTS HE DEALS WITH DAILY.
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"The most excellent Jihad is that for the conquest of self."
"The love of the world is the root of all evil."
"Acquire knowledge. It enableth its posessor to distinguish right from wrong it lighteth the way to Heave it is our friend in the desert, our society in solitude, our companion when friendless it guideth us to happiness it sustaineth us in misery it is an ornament among friends, and an armour against enemies."
"To spend more time in learning is better than spending more time praying the support of religion is abstinence. It is better to teach knowledge one hour in the night than to pray all night."
"Everyone is divinely furthered in accordance with his character."
"He is not a perfect man of fortitude, who hath not fallen into misfortunes and there is no physician but the experienced."
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Post From Dinar Updates
Chat Room Excerpts & Highlights
rcookie says():SO...WITH IRAQS PURSUIT OF AN ECONOMIC DEVELOPMENT CENTER AND THE LEGAL COMPLEXITIES INVOLVED WITH THE APPLICATION OF HE INVESTMENT LAW NO. 13 (2006) & ITS AMENDMENTS....
ALONG WITH ITS RECEPTION/CONSEQUENCES TOWARD FOREIGN INVESTORS...AND THE ONGOING OBSTACLES STILL FACED IN THE MARKET...
ECONOMIC ACADEMIC HNJAR ASSERS THAT SOME INVESTORS ARE HESITANT TO ENGAGE IN INVESTING BECAUSE OF CONDITIONS, REQUIREMENTS & REGULATIONS THYAT OBLIGATE INVESTORS TOPROVE ABILITY COMPLETE PROJECTS...PROJECT FUNDING BONDING & ESCROW...
ALONG WITH OUTLINING THE VARIED INVESTMENT OBJECTIVES INCLUDING CITIZEN HOUSING...
AND AGRICULTURAL & INDUSTRIAL ADVANCEMENT TO PROMOTE NATIONAL EMPLOYMENT...
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Post From Dinar Updates
Chat Room Excerpts & Highlights
BACK TO
rcookie says():THIS ARTICLE IS HUGE...AND OUTLINES THE APPLICATION OF THE INVESTMENT LAW NO 13...AND ADDRESSING OBSTACLES FROM FOREIGN INVESTORS PRSPECTIVE...
rcookie says():BAGHDAD / Imad emirate create an ideal investment environment is an economic center of development sought by Iraq and represents the legal side of the main attractions of advanced and specialized international companies that can be used to achieve the development goals which must include all sectors.
Although the mechanisms brought by the Investment Law No. 13 of 2006 and its amendments, but it still faces obstacles in its implementation, particularly with regard to the sale contract from the port to another, confusing the investment process in the infrastructure and housing and service projects in general in the country, which requires taking new measures required implementing agencies to complete their projects on time, in order to achieve economic viability of the country.
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Post From Dinar Updates
Chat Room Excerpts & Highlights
loop says():Iraqi forces are able to restore 12 neighborhoods in Mosul yet
By Roudao Roudao - Mosul With the entry of the Battle of the restoration of Mosul, week - VI, managed to Iraqi forces so far, from the restoration of 12 neighborhoods in the left side of the city.
The CFTC Roudao Media Network to Mosul, Jamal Herring, The battles are still going on between the Iraqi forces and gunmen of the "Islamic state" Daesh within the city.
According to Jamal, that restored neighborhoods east and north of Mosul, Iraqi forces east are (allowing, editing and Zahra First, Qadisiyah and Qadisiyah second green, Aden, warriors and Cairo, banks, Renaissance and millions. "
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GCR Madrigal - Sense and Sensibility
Who's come to slay the dragon
Come to watch him fall
Making arrows out of pointed words
Giant killers at the call
Too much fuss and bother
Too much contradiction and confusion
Peel away the mystery
Here's a clue to some real motivation
--Different Strings, by Rush
A pensive mood of bewilderment, confusion and uncertainty permeates the internet subculture we all call Dinarland. Anyone perusing various websites and portals related to the RV/GCR will quickly find a morass of opinions, dichotomies, ideologies and even philosophies.
Trying to make sense of it all is no easy task with so many views and positions presented in a cacophony of conflicting voices.
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The below posts were in our 6pm newsletter
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Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Sunday Early AM Chat 11-27-16 Part 3 of 3
loop says():The end of the week ... the adoption of the general budget of the 2017 Act (Details)
26-11-2016 07:32 PM Hits: 1265
Orbit News -Parliamentary Finance Committee confirmed on Saturday that 'the adoption of the General Budget Law for the year 2016 will be the end of this week. "
Said committee member Ahmed Sarhan in a press statement, that 'the adoption of the law will be in place on Wednesday or Thursday of this week. "
He said Ahmed, said that 'the law needs to be reviewed by the parliamentary finance committee and he will be shown the law if the study is complete, the end of the week.'
rcookie says():Rafidain Bank: Launch of citizens to sell the dollar by 1200 dinars
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loop says():Barzani: Irbil is ready to resolve differences with Baghdad on condition !! (Details)
27-11-2016 02:11 PM Hits: 1172
Orbit News - Under the Prime Minister of Kurdistan Nechirvan Barzani, on Sunday, ready Arbil to resolve differences with Baghdad , the Iraqi government 's willingness to pay the salaries of the province.
He said Nechirvan Barzani told a news conference on the sidelines of the opening of a campaign to combat violence against women in Arbil: "If Baghdad was willing to pay the salaries we are ready to address the problems , " adding that " the adoption of a savings KRG salaries system was compulsory."
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Post From Dinar Updates
loop says():Iraq receives four billion dinars as a loan from the World Bank next month
economy Since 11.27.2016 at 10:07 (Baghdad time)
Special scales News Economic Adviser to the Prime Minister revealed the appearance of Mohammed Saleh, Sunday, that Iraq will receive four billion dinars as a loan from the World Bank, the start of the month of December next.
Saleh said, L / balance News /, that "Iraq will receive four billion dinars as a loan from the World Bank loans of the seven major industrialized nations and the European Union, the start of December next."
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Emailed to Recaps:
Arthur FACT: HALF OF 2017 BUDGET VOTED ON...11/26/16.
(24 OUT OF THE 48 BUDGET ARTICLES)
FACT: THE OTHER HALF OF THE ARTICLES (25 THRU 48) SCHEDULED
FOR THURSDAY 12/1/16.
FACT: THE SIGNIFICANCE: NONE OF US HAS EVER SEEN A PASSED AND
IMPLEMENTED BUDGET IN IRAQ!
FACT: FINAL IMF SBA REVIEW SCHEDULED FOR DECEMBER 5TH
(MUST HAVE LOAN TO COVER DEFICIT, AND MUST INCLUDE HCL)
FACT: 35 DAYS UNTIL THE BEGINNING OF "EARLY 2017" (DELETION OF ZEROS PER CBI).
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SlappySquirrel: Hmmmmm,A monetary reform step for.... Zimbabwe? ? (see article below)
Lower denomination bond notes for the Citizens in country. Yes liquidity was a huge problem in Zimbabwe as well, these steps should help alleviate those issues . Valued at 1:1 with our dollar.
Imo..they are only telling us half of the story. What will become of the trillion denomination notes we have?? They aren't telling us but I do remember distinctly maybe about a year ago the Government of Zimbabwe asking all citizens to exchange their trillion size zim notes for American cash...
Basically vacuuming all the big denominations off the streets. It was all over reuters news and even showed a young Zimbabwe child holding a 100 trillion zim note.
Why would the government ask citizens to exchange all those trillion notes about a year ago?? Sound familiar to the monetary reform steps of another country??
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