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6pm December 27th, 2016

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Table of Contents

 
Post From Dinar Updates
Chat Room News Excerpts & Highlights
 
Dinar Updates Monday Late PM Chat  12-26-16   
 
loop says():An invitation to diversify revenues and rationalize spending
 
27/12/2016 0:00 BAGHDAD / Mustafa Hashimi / Imad emirate
diversify the general budget revenues through reforms , fiscal policy , and the unification of vision with the government 's plan in the next phase tools to reflect economic trends and public policy of the country, ensures the distribution of output between consumption and investment ,
 
and provide an incentive to increase production or decrease in certain economic sectors by directing allocations towards the revival of the priority sectors in accordance with the current economic policy.
 ...
Read More
 
Arthur:  Along with all the requisite political and banking reforms, the equation was, is and always has been GOI + HCL = RV.

With all the current proxy positions, rather the GOI is adequately complete for the UST is debatable but all indication are they are satisfied with the fulfillment of that variable of the equation.

As for the HCL further progress is scheduled for Wednesday 12/28 after which we should be able to determine if there has been adequate progress to warrant a release of all remaining sanctions for Chap VIII and a subsequent rate increase necessary to satisfy the 2017 budget in Iraq...

As of this post the PTB is still on schedule for early 2017.
....
Read More
Post From Dinar Updates
Chat Room News Excerpts & Highlights
 
Dinar Updates Monday Early PM Chat  12-26-16   Part 2 of 2
 
woodywoodpecker says():come on Mr Fly make this RV happen
_firefly_ says to woodywoodpecker():She is coming my friend, make no mistake about it :)
 
_firefly_ says to woodywoodpecker():IMO The meeting with Kuwait is just a formality !
_firefly_ says to woodywoodpecker():Kuwait
 
JR67 says to _firefly_():Hello FireFly thank you for the news and clear concise explanations of same.......I like many others have completely overlooked the chapter seven event; as many kept saying it could hap[pen anyday....any minute:)
Doug_W says():any SECOND 67
 
woodywoodpecker says():thanks Mr Fly
JR67 says to Doug_W():(y)
Elane says():(y)
 ...
Read More
Post From Dinar Updates
Chat Room News Excerpts & Highlights
 
Dinar Updates Monday Early PM Chat  12-26-16   Part 1 of 2
 
loop says():  "Abu Bakr al - Baghdadi , " an officer assigned to lead the Iraqi Baathist Daesh " the mandate of the Sinai" in Egypt
 
Twilight News news sources / she said, that the leader of the organization "Daesh" terrorist Abu Bakr al-Baghdadi monument Abu Hajer al-Hashimi, was responsible for the organization in the Sinai after Doaa Abu Ansari liquidation at the hands of the Egyptian army last August.
 
The sources said according to the newspaper "news" electronic closeup of the organization, said: "Abu Bakr al-Baghdadi, lifting down the former officers in the Iraqi army, and gave them a chance of military and tactical leadership within the organization, and make them military his advisers, and sent one of them and the most trusted to lead the military operations in Sinai ".
 ...
Read More

News, Rumors and Opinions Tuesday Morning 12-27-16

 
TNT:

Freeway2:  Good morning - Dow 19,962.39

Pearle:  38 points to go......

Herekemiah:  I feel that the Dow 20,000 is one more thing that will mean nothing to our RV. I'm excited for the RV to happen, just don't think Iraq cares about out stock market hitting what is really an arbitrary number

Pearlle:  The Dow reaching 20k is supposedly a prophecy...not that Iraq cares

Things appear to be falling in place, I think tomorrow's meeting (Iraq and Kuwait) is a good indicator that they are progressing in the direction we want

Harambe:   Nasdaq hits fresh all-time high http://www.cnbc.com/id/104188056

Harambe:  Brent crude oil steadies above $55 ahead of supply cut deal http://www.cnbc.com/id/104187491
....
Read More

Dinar Updates Monday AM Chat  12-26-16   Part 2 of 2

 
Post From Dinar Updates
Chat Room News Excerpts & Highlights
 
Dinar Updates Monday AM Chat  12-26-16   Part 2 of 2

loop says():KDP: more than $ 220 billion fled from Iraq within 5 years
 
Mon, December 26, 2016 09:50   BAGHDAD / Baghdadi News / .. MP for the Kurdistan Democratic Party, Majid Chenkali, for out of funds from Iraq estimated B220 billion US dollars during the last 5-years.
 
Chenkali said in remarks followed up / Baghdadi News /, said that "corruption in Iraq is eating away the body of state institutions," noting that "the quota system that reached the general managers, agents and smaller staff created this corruption, and there are those who protect him from the party."
 ...
Read More


The below posts were in our 10am Newsletter

Dinar Updates Monday AM Chat  12-26-16   Part 1 of 2

Post From Dinar Updates
Chat Room News Excerpts & Highlights


loop says():Integrity Commission: extreme confinement of government bank customer tried to steal 18 billion dinars
 
Twilight News COI / said on Monday that the elimination of the rule of severe imprisonment on the customer tried to steal 18 billion dinars from the Rafidain Bank, the state-owned.
 
She explained Investigation Department in the Commission statement and replied to Twilight News, that "the court of competent criminal integrity issues in Baghdad issued a severe imprisonment for a period of five years from a customer of Bank of Iraq convicted (B.s.a);

...

Read More

More News, Rumors and Opinions Late Monday Night 12-26-16

1 Comment


WSOMN:


Scotchie:   The one thing Frank said that I remember is that the price of the dinar will go up against the dollar within the next three days.

This was not the RV, from what I could tell.

Frank also mentioned that Kuwait will agree, or may agree, to a payback from Iraq, which would help Iraq get totally out of Article VII.

If anyone differs, please say so, as I did not catch everything.  Thanks

KJS: Yes, worth listening to.... look for oil 55 ; 56; 57 and stayed there awhile. Then very interesting regarding Delta's post last few days. And he reviews the meaning of that post.

....

Read More

The below posts were in our 10pm Newsletter

Dinar Updates Christmas Evening Chat 12-25-16  Part 2 of 2

Post From Dinar Updates
Chat Room News Excerpts & Highlights


loop says):Call to Action foreign exchange law

26/12/2016 0:00 BAGHDAD / Mustafa al - Hashemi
He called economic academic Dr. Essam Mahouelle to the restoration of the foreign exchange law as a substitute for auction currency and increased at the same time economic tasks on the bank Central.

Attract investments

Among Mahouelle in an interview for the "morning" the need to cancel the auction sale of the dollar "single window" as opening the door to leave Iraqi funds abroad without providing a great service to the productive sectors of the economy Ktfiel or attract investment by check Development.

The central bank has been taken years ago, and within a summary of the bank's policy tools, work tools "efficient and effective" on the cash market (cash basis), including the organization of currency auctions and foreign which buys or sells Central dollar from or to the market in the light of its objectives Political.

...

Read More

Dinar Updates Christmas Evening Chat 12-25-16  Part 1 of 2

Post From Dinar Updates
Chat Room News Excerpts & Highlights


loop says():US State Department: Iraq represents an important investment in the long term
 
Political Since 25/12/2016 19:00 (Baghdad time)
 
Follow - up to the balance of News
Report site Oil Price US revealed that investors in the field of global energy began looking to invest in Iraq 's oil despite the high war risk in the country .ozkr report , which translated / balances News / " The investment in Iraq is important for a number of first causes according to what was expressed by the US State Department that "Iraq represents an important investment in the long term ,
 
" based on his status largest oil depot in the world 's fifth, as well as the country's needs for rebuilding the infrastructure mega his reconstruction, while the US State Department report noted that "American companies have the opportunities for investment in the field of energy, security and the environment, construction , health care, agriculture and infrastructure .

...

Read More