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10pm, December 6th, 2012  

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Our Blog Posts
Tidbit Rumors & Opinions - Post By Leo GET Forum
Clarification On Exchange Rate Sites - Post By SWFG Dinar Detectives
Steve1 : Baghdad, Kurds Reach Deal - Post By Peoples Dinar
Exchange Rate Revaluations Study - Post By Nemesis Dinar Vets
SWFloridaGuy Responds To Comments On RV - Emailed To Recaps
Thursday Early Evening Dinar Chatter
The posts shaded in green are on our Iraqi News page
The below posts were in our 6pm email
The Big Call Thursday Dec. 6th with special guest Footforward is at 7pm ET
Tidbit Rumors & Opinions - Post By Dinar Detectives
Remarks To Meeting
Intel4U Members Chat, Thoughts and Opinions Thursday Afternoon
TerryK Correction...From Chat - Post By Leo GET Forum
Previous Countries RV's - Post By SWFG Dinar Detectives
The IQD Team~~Conference Call Thurs Dec 6~~8PM~~Latest Iraq Dinar RV News
News, Rumors and Opinions in Dinarland Late Thursday AM
Words of Encouragement from DebTarHeelGirl Thursday Morning
Part 2 GET Team CC Transcript - Post By Leo GET Forum
The posts shaded in green are on our Iraqi News page
The below posts were in our 10am email
An Announcement from The Dinar Recaps Team
Part 1 GET Team RoundTable CC Transcript - Post By Leo GET Forum
News, Rumors, and Opinions Late Wed. PM/Early Thurs.AM
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The posts shaded in green are on our Iraqi News page
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Rockfl9: A digital account i.e. passbook account is a liability to that bank. It must be supported by an equivalent asset somewhere..That asset is the CBI reserves.

Until the amount is recovered it would have to be treated as a loan. A high risk loan. If the RV is 1 cent the value of Iraq's M2 would become $720Bn.

The $72Bn would be gone in seconds just to cover demand deposits within Iraq's local banks! I don't think the FED/UST/FDIC would allow a US bank to take that risk.

Freebird: I don't think it's a coincidence that just today the FAA (US) ended its 16-Year Ban on Commercial Flights to Iraq. Department of transportation Docket No. FAA-2003-14766

The final rule says this action is taken to allow U.S. civil flight operations to and from Erbil and Sulaymaniyah International Airports in Northern Iraq by any United States (U.S.) air carrier or commercial operator, any person exercising the privileges of an airman certificate issued by the FAA except such persons operating U.S.-registered aircraft for a foreign air carrier.
...

12-7-12 SWFloridaGuy: The persistent Forex rumors are back. I've said this before and I'll reiterate it for the newbies. The Netdania and Yahoo Finance type sites are not Forex brokers/marketmakers.

They are just free web based charting tools and the numbers they use are a poor proxy for volume.

The frequent anomalies often coincide with trading session openings (US, London, Asia), and the spikes are directly related to the volatility of the USD.

Netdania is a hybrid feed of data and the spikes also could represent an arbitrary spread depending on where their source data comes from. The IQD is not currently being traded and always reverts back to the actual value. Forex trading is done through a broker or market maker.

Traders choose a currency pair that they expect to change in value and place a trade.
...
Iraqi PM says central government and Kurds reach preliminary deal for disputed northern areas

December 6, 2012

BAGHDAD - Iraq's prime minister says Baghdad and Kurdish officials have reached a preliminary agreement to allow inhabitants of disputed northern areas to oversee their own security.

Speaking on Thursday, Nouri al-Maliki said Baghdad and leaders of the Kurds' self-ruled autonomous region have agreed that units will be formed from local ethnic and sectarian groups to replace Iraqi and Kurdish forces currently in the disputed areas, which are claimed by Arabs, Turkomen and Kurds.

Tension between Baghdad and the Kurds has increased over the last two months following a decision by al-Maliki to form a new military command to oversee security forces bordering the self-ruled Kurdish region. The move was deemed unconstitutional by the Kurds.
...

RGSMITHS: I have been asking the question, Is there a case in history where there has been a RV of currency of any major power nation?

Using Google as well as asking a friend who told me about RV of Dinar and my buying 1 million as a result, I have not found one RV but lots of Devaluations.

NEMESIS760: If China only allowed its currency to appreciate, the global economy would rebalance and stabilize - or so the argument goes.

This column studies the historical record of large exchange-rate revaluations. It supports the idea that currency appreciations have an impact on the current account but argues that this can come at a cost - the reduction in exports risks putting the brakes on global growth.

Over the past decade, several emerging market economies - China in particular - have run substantial and persistent current-account surpluses.

Loose monetary policy in the US could now result in higher domestic inflation within these emerging economies and lead to the sort of real currency appreciation that many countries want to avoid (Bergsten 2010 and Huang 2010).

It is well known that countries must choose between capital mobility, monetary policy autonomy, and exchange-rate stability but cannot pursue all three objectives at the same time.
...

Kuwait did not RV. That's a myth.

In Fall of 1990, Iraq invades and replaces the Kuwaiti dinar with the Iraqi dinar as the official currency. The Kuwaiti government was essentially in exile. However, because of the way currencies were managed in the early 1990's the official rate for the KWD never changed.

The UN condemned the invasion and no one of any consequence recognized the right of Iraq to replace the government and currency of Kuwait.

There are many anecdotes floating around that you could have bought the KWD for a fraction of its original value on the black-market for a few weeks during that period but I don't know of anyone brave enough to come forward and admit (and prove) that they did it.

In Winter of 1991, the U.S. led invasion and liberation of Kuwait was chaotic to say the least for money supply in Kuwait. People claim to have been able to buy KWD on the black market during this period but the official exchange rate was still the same.
...


[flashing] queenmother4 i don't express opinion on rate. but if u want rumors from my sources stay the same as last month. iqd range $5 -$12 , vnd $.27 -$.57

[mbillions] Releasing Iraq from Seventh Chapter of UN's Charter represents international certificate for its role, says Saad Thursday, 06 December 2012 19:19 Baghdad (AIN) -MP, Suzan al-Saad, of al-Fadhila bloc called the United Nations to expedite releasing Iraq from the Seventh Chapter of the UN's Charter and settling all the pending issues between Iraq and Kuwait.

[mbillions] In a press statement received by AIN on Thursday, she said "Iraq started its role in the international and regional communities which means that the new image of Iraq is brighten where releasing it from the Seventh Chapter of the UN's Charter is an international certificate for its role."

[mbillions] She stressed the importance of "having a real intention in improving Iraq's relations with all the neighboring countries especially with Kuwait because there are historical relations between the two countries," she added."There are no reasons to keep Iraq under the Seventh Chapter of the UN's Charter after doing its commitments," she concluded. /End/

[letitbe] Thinking out loud here, article sounds like iraq has been or will be released from 7. On Tuesday, I believe shining said she got text saying it rv'd. If all true, while some say rv may not show for 10 days, 10 days from Tuesday will be the 14th. Does that date sound familiar

[thudz04] letitbe not sure about hearing of the 14th, but I believe a day or two ago AngelQuest made reference to liking the 15th-16th of this month....
....
Read More

The below posts shaded in green
are on our Iraqi News page
Iraq and the United States reaffirm their commitment to a strategic partnership permanent / Extended
06/12/2012 21:22:18 Thursday

Baghdad (news) : confirmed by the Governments of Iraq and the United States of America, on a permanent commitment to a strategic partnership in accordance with the strategic framework agreement.

This came during the second meeting of the Joint Coordinating Committee for Defence and Security in Baghdad on the fifth and sixth of the month of December / December.

A statement from the U.S. Embassy received Agency (news) on Thursday: that the meetings held in the headquarters of the Iraqi Ministry of Defense, co-chaired by both the Iraqi defense minister and agency Saadoun al-Dulaimi, and Undersecretary of Defense for Political Affairs James Miller, Acting Undersecretary of the Ministry of Foreign Affairs Arms Control and International Security Rose Jotimoalr.

The side cooperation in the field of defense and security is one of the most important areas that have been agreed in the strategic framework agreement signed between the governments of the United States and Iraq in 2008, which aims to enhance cooperation in areas of common interest between the two countries.
Read More
Talabani assures to Ki-moon, Iraq's fulfillment to its international commitments
Thursday, 06 December 2012 22:59

Baghdad (AIN) : The President, Jalal Talabani, assured to the Secretary-General of the United Nations, Mr. Ban Ki-moon that Iraq has fulfilled its commitments to the international community and the UN need to help in releasing it from the Seventh Chapter of the UN's Charter.

A Presidential statement received by AIN on Thursday cited "Talabani received Ki-moon and the accompanied delegation where he welcomed Ki-moon's visit to Iraq."

"Talabani stressed the important role of the United Nation in helping Iraq to be released from the Seventh Chapter of the UN's Charter, assuring that Iraq fulfilled its obligations to international community and returned again to the international community where it is playing a major role in maintaining peace and security in the region," the statement added.

"Talabani and the Ki-moon also discussed the current tensions between the federal government and the Kurdistan Regional Government, where Ki Moon expressed his optimism to resort to the language of dialogue and peace to resolve the problems and differences," the statement concluded.
Click for Link
Political situation and hasty decisions to make structural replacement currency is impossible
December 6 2012

BAGHDAD (Iba) : Ruled banking expert Ala morning angel, replace the restructuring of the Iraqi currency in early 2013 and the implementation of the project to delete the zeros, indicating: that all the country's political situation and economic is well suited for the implementation of the Central Bank project to replace the currency.

And the angel said in a statement to Agence independent press (Iba) Thursday: The replacement of structuring currency has become elusive in political conditions tense and unstable economic, noting: that hasty decisions latest on the central bank and at least governor and fluctuating exchange rate currency led difficulty implementing central bank's decision replacing currency.
Read More
Source: Al-Maliki and Talabani discuss by telephone by crisis Baghdad, Erbil
06-12-2012-16: 25

Alsumaria news/Baghdad: An informed source, said Thursday that Prime Minister Nouri al-Maliki talked by telephone with President Jalal Talabani by the crisis between Baghdad and Erbil.

The source said in an interview for "alsumaria news", "Al-Maliki call, evening, called President Jalal Talabani to discuss solutions to the crisis Baghdad and Erbil."

The source, who requested anonymity, said the contact was positive on easing the crisis ".

Prime Minister Nuri al-Maliki, on Thursday (6 December 2012), on proposals to resolve the crisis between the Central Government and the Kurdistan Regional Government, said that the first proposal is to develop a joint army and dominations two disputed regions, while the second proposal to make children of those areas are protected.
Read More
Talabani stressed that Ban Ki-moon meets Iraq's obligations towards international commitments
06-12-2012-13: 55

Alsumaria news/Baghdad: President Jalal Talabani said Thursday that Iraq has met its obligations to international commitments and returned to the international community, stressing the importance of the UN role in helping Iraq out from under Chapter VII.

Talabani said in a statement issued today, and received "alsumaria news", on the sidelines of a meeting with United Nations Secretary-General Ban Ki-moon in Baghdad, that "Iraq has fulfilled its its obligations towards international commitments and has returned to the international community", noting that "Iraq plays a big role in maintaining peace and security in the region and its active participation in international forums".

Talabani stressed "the importance of the UN role in helping Iraq out from under Chapter VII of the Charter of the United Nations", "valuing the efforts of the United Nations in support of the Iraqi people."

For his part, the Secretary-General of the United Nations was optimistic "chose the language of dialogue and peace to resolve problems and disputes between the Central Government and Kurdistan."
Read More
Central Bank announces that it will not delete the zeros from the currency in the next year
12/06/2012 3:42 pm

The Central Bank of Iraq that the draft delete zeros from the currency will not be in the next year

said Iraqi Central Bank Governor agency Abdel Basset Turki Wednesday, in an interview, "that" occurred in the decision to delete zeros and currency exchange, "noting that" the timing of the start of the project has not been determined until today, but it will not be over the next year 2013 . "

said Turki that "the deletion of zeros is a step necessary and useful for structuring currency and the economy," noting that "the relevant committees in the Parliament called for the need to wait in the project, so as to provide conditions and appropriate time " .

was the Finance Committee parliamentary suggested, at an earlier date, in the words of Attorney Haitham al-Jubouri be direct delete zeros and the currency exchange during the month of July of next year, and as shown, the central bank has removed all concerns, stressed that the government will support this project after providing Baijayate and disadvantages .
http://www.burathanews.com/news_article_177535.html


The below posts were in our 6pm email

 

The Big Call for Thursday, December 6th with special guest Footforward is at 7 PM ET.

Participant Line is 559-726-1150 and Listener Only line 530-881-1150 (no access code is needed for either line).

Playback Number is 559-726-1159 access code 123456# (after the call)

 

  Doc: Many sites are speculating that all is done. Unfortunately these continue to overlook the obvious. We continue with our position Maliki does not want currency reform at least not quite yet. We are reminded his goal appears to be to control every aspect of Iraq to the point of dictatorship.

Our opinion is he will release the RV when he feels he has full control. Right now he does not. He does not control the "wealth" of Iraq in that the HCL is not done.

He does not quite have full control of the entire GOI in that he continues to release bogus warrants for those that oppose him.

We are also reminded that to control the masses he has to keep them in fear and/or dependent on him. This has been confirmed by various sources such as the Secretary-General of the UN, Allawi and others.

As the political wrangling works it way out then currency reform can happen. A free market currency needs a stable political environment and assets to support its value.

Doc: Moon is in Iraq as has been reported. Our guess is he will convey what was in the Secretary-General's report. The report basically said Iraq had not made much progress on the political front.
...


 

DEBORAH LAYNE: There is so much at stake, and so much to lose if they don't get their acts together by the 17th - I think they're going to make it. They're not exactly the only ones who stand to gain or to lose on the 17th. It is my personal belief that the "PTB" - whoever they are - will twist arms, break fingers, whatever, to make this happen. This is right on the brink. I have to believe they'll make it over the crest this time.

The Secretary-General - Remarks to Meeting with Heads of Political Blocs

Your Excellency, Osama al-Nujaifi, Speaker of the Council of Representatives,
Distinguished Heads of Political Blocs,  Ladies and gentlemen, Thank you for your warm reception. I am honoured to be here.

The democratic transition over the past decade has advanced thanks to the leaders and people of this great country. Iraq has re-emerged as a leader on the regional and global stage. And as current Chair of the Arab League, you are steering the region at a critical time in its history.

Iraq is making important progress in strengthening its state institutions. I welcome the establishment of the independent Human Rights Commission and the Board of Commissioners of the Independent High Electoral Commission. Your task now is to guarantee the independence of these bodies.
...


 

[tb30] Well any more word on being out of chapter 7?  What is our hopium for today?

 [mbillions] tb30 We hope to be rich today... rofl

[ [nolaspice] mbillions can you make that happen please?

 [okrocks] tb30 not until they rv... waiting in faith

[weneedit] tb30 my opinion they are out but just being played out for timing issues

 [weneedit] mbillions have to Santa needs help delivering

 [rustyc] well draghi forcast lower euro growth, gold is down, are the stars alighning?

2012jesus] tb30 all done but we have to wait for REVALUE CURRENCY THEN DONE

[WCW] 2012jesus we are close anytime it can happen weeeeeeeeeeeee will be rich

 [2012jesus] WCW yes my bro weeeeeeeeeeeee :

 [telemar59] WCW do you think there will be no more weekends poor?
....


 

TerryK Chat on PP correction 12/6/12 8:37 AM est

[TERRYK] MORNING ALL HEY I NEED TO CORRECT SOMETHING I SAID HAVE BEN SAYING FOR AFEW DAYS MY SOURCE CALLED ME AND TOLD ME I MUST HAVE MIS UNDERSTOOD

SO I WILL SAY I MIS UNDERSTOOD IM NOT TOO PROUD TO SAY THAT
THEY   CORRECTED ME TODAY

[TERRYK] THIS IS ABOUT THE PP I STATED THAT 95% WERE OUT

[TERRYK] WHAT IS CORRECT IS 95% ARE OUT TO THE MARSHALLS FOR DELIVERY NOT THAT THEY HAVE BEEN ISSUED

THE MARSHALLS HAVE NOT GOTTEN THE GO AHEAD TO DELIVER YET BUT WAS TOLD THAT SHOULD CHANGE TODAY OR TOMORROW PUSHING THIS INTO THIS WEEKEND

[TERRYK] AGAIN SO THATS WHAT I WAS TOLD I WAS WRONG AGAIN GUESS I NEED TO LISTEN CLOSER

[TERRYK] NOW WITH THAT SAID 75 TRILLION WAS TRANSFERED INTO US BANKS TWO DAYS AGO FOR THE FUND THAT I HAVE CONFIRMED SO THEY ARE READY GREAT CALL LAST NIGHT THANKS FOR ALL YOU PEEPS DO  GOD BLESS AND SEE YOU LATER
...

 

12-6-12 SWFloridaGuy: Many are asking about former RVs and what the conditions were like when they occurred. Previously there have been 14 episodes where a country's real and nominal effective exchange rate appreciated by 10% or more without discretionary adjustments of the parity by the government (over a two-year window or less), leading to sustained real effective appreciation.

Since 1960 there have been 25 episodes of large nominal and real appreciations. If you solely look at historic large currency appreciations, even a 20% increase, runs the risk of having negative long term effects.

A 100,000% increase is not even something regarded as possible by most economists but then again, that's what makes this opportunity in Iraq a unique situation.
...


 

The IQD Team
Investigate, Question, Deliver
Conference Call
Thursday, Dec. 6, 2012      8PM EST 

Join us tonight as we continue our mission to Investigate,  Question &  Deliver the "Straight Talk" with all the UP TO THE MINUTE IRAQ NEWS related to Iraq, Dinar, RV News.... Pre & Post RV.....Followed by Live Q & A


Call in Number:   760-569-7676  Pin 769478# or
Back Up 760-569-7676  Pin 712222# (listen only)

The "STRAIGHT TALK EXPRESS" Rolls Along again TONIGHT WITH THE NEWS FROM IRAQ ...8PM EST


Please Remember to Click on the"CC NEWS ARTICLES" Tab
On our website www.TheIQDTeam.com
Approx. 5 Minutes Before the CC Tonight...
And Then Click on Today's Date
So You Can Follow Along With the News!

The IQD Team
"As Always...All The Latest Iraq, Dinar & RV News
and More...Pre & Post RV...Followed by Live Q & A"
Tuesday & Thursday 8PM EST 

Join us tonight as we continue our mission to keep the Dinar community informed with the "STRAIGHT TALK" Truth and the Facts based on the News


 

[nolaspice] Affirmation - I can live a pressure-free, healthy life with focus, clarity, direction, and purpose. I use my tools of centering, simplicity, direction and intention to remain healthy and light-hearted. I am able to freely float through my day with peace of mind and a joyful heart. I feel this serenity because I have fortified myself with healthy habits.

I strive to achieve simplicity in my life and thus I can feel pressure-free. I am centered and grounded because I remain mindful of the truth within each moment of my day. I am fully aware of where I am going and where I wish to be, which brings me closer toward my goals every day. My day and my life is full of purposeful thought and action. Blending this in my life offers me serenity and peace. Good Morning Castle! Darn happy to be here! Happy Thursday, Let's agree to ROCK IT!

(DebTarHeelGirl) One Important Reminder from me this morning - there are so many peeps that are watching the bank screens to see "the rate"... Remember those that choose to exchange with the Free Exchange Code from Wells Fargo, the rate we will hear that is showing "live" on the bank screen will NOT be "our" rate - the Rate with the Wells Fargo Free Exchange Instructions will be given to you at the time you go to your appointment and present "the code" to the banker to exchange -

 its a possibility we could know before so relax either way - but just remember, when the bank shows a live rate and folks talk about it in the intel, that will NOT be the rate for those choosing to use the Free Exchange Code with Wells Fargo, which is slated to be higher!
....


 

NOTE: Dinar Recaps will be emailing (NOT posting publically) this information to our email list.  Now would be a good time to join, or set up a new email to receive our emails.  You may go to ourPOST-RV page to signup.   LINK   We will NOT answer any questions emailed to us pertaining to this at this time.

FROM DEB:  If you can remember anything of my, DebTarHeelGirl's - postings, please always KNOW God daily watches over His word to perform it, always looking to and fro over the earth for those whom HE can show His self strong on their behalf - so learn the Word, speak the Word and believe the Word! Its HIS promise to us to bring it to pass!!

One Important Reminder from me this morning - there are so many peeps that are watching the bank screens to see "the rate"... Remember those that choose to exchange with the Free Exchange Code from Wells Fargo, the rate we will hear that is showing "live" on the bank screen will NOT be "our" rate - the Rate with the Wells Fargo Free Exchange Instructions will be given to you at the time you go to your appointment and present "the code" to the banker to exchange - its a possibility we could know before so relax either way - but just remember, when the bank shows a live rate and folks talk about it in the intel, that will NOT be the rate for those choosing to use the Free Exchange Code with Wells Fargo, which is slated to be higher!

You have been in a transitional phase for some time, but I tell you now that today marks the end of an era and the beginning of a new one. 
....


 

[kktwahoo] terryk and historian - currency discussion

[kktwahoo] Got email - suggesting to look at country, such as Canada, buy as much of their currency as you can BEFORE USD drops, then when USD drops you can buy up more USD with the foreign currency

[kaycee] Historian - that is consistent with my own views I was talking about what would happen with the USd I don't listen to intel look at re-engineering the USD actually functions like two dollars there is the international dollar used as a reference point to compare the value of currencies to each other   you have countries holding USD  the other dollar is the domestic dollar same as what every other country has use inside their country to pay for things

[kktwahoo] USD functions like two dollars - international - reference point - used to reserve currency but not necessarily that now Other dollar is domestic dollar inside USA  Exchange rate is value of their currency compared to your currency
...


The below posts shaded in green
are on our Iraqi News page
Najafi and the Secretary General of the United Nations are discussing human rights and file mechanism out of Chapter VII
06/12/2012 16:11:01 Thursday

Baghdad (news): Search House Speaker Osama Abdulaziz Najafi in his official, on Thursday, with UN Secretary-General Ban Ki-moon, several files, including removing obstacles between Iraq and Kuwait of border demarcation and the freedom of navigation and the missing and compensate farmers.

statement said the Office of the President House of Representatives received Agency (news) on Thursday: that Najafi noted that, during the meeting, to the role of the United Nations effective in Iraq and the need to courageous decisions to resolve contentious issues between Iraq and Kuwait and to have the Security Council the final word to exit Iraq from Chapter VII.

At the outset of an interview Secretary General of the UN for the great achievement of the House of Representatives in the formation of the Independent Electoral Commission and its role in the light of the approaching provincial elections and representation of women, which must take into account the size of the Iraqi women to society ..

 

Iraqi signing _ to overcome the problems of Kuwaiti joint oil fields
06/12/2012 15:12:40 Thursday

Baghdad (news) : Deputy Prime Minister for Energy Affairs Hussain al-Shahristani said Iraq and Kuwait have signed bilateral agreements to overcome the outstanding problems regarding the joint oil fields.

called Shahristani during his meeting with the media delegation of Kuwait who is visiting Iraq now accompanied by the Iraqi Journalists Syndicate supporter Lami and a delegation from the union, media The authors of the two countries on Thursday, to coordinate them and focus on the interests of the two peoples and the transfer of the real picture to illustrate the interdependence which combines the two countries to overcome the events of the past to get to the aspirations of the two brotherly peoples.

http://www.ikhnews.com/news.php?action=view&id=66249

 

International companies seeking a presence in the markets of Iraq and the Middle East
06/12/2012 10:21

Male cream Carty, president and chief executive of "GE Healthcare" in the growth markets of Oriental and African's 84, which covers Russia and the Commonwealth of Independent States, Turkey, Central Asia and the Middle East and Africa: "The Middle East, Pakistan and Iraq the fastest growing emerging markets in the world, and because of the concentration of large government in these markets to invest in infrastructure development for the health care sector.

hoping to play a vast knowledge of the President and the new Executive Director of the Middle East Maher Abu Zeid, who was appointed recently, especially in the area of health care - at the level of the sector and the region - to strengthen our presence in the region, through the development of the capacity of our customers there, depending on the approach based solutions for a number of pressing challenges facing these markets in the field of health care.

 

Confirms its willingness to transfer flights between Iraq and Kuwait directly
06/12/2012 03:25

By Transport Minister Hadi al-Amiri for the ministry is ready to operate flights between Iraq and Kuwait directly without the need to a third country. said Amiri during his meeting with the media delegation of Kuwait who is visiting Iraq now that Iraq sought to consolidate the relationship between the two countries in all economic fields, especially after the end outstanding issues between the two sides and most recently to resolve the issue of Iraqi Airways.

http://www.imn.iq/news/view.17116/

  

Expert: Political situation and hasty decisions to make structural replacement currency is impossible
1:18 pm December 6, 2012

BAGHDAD (Iba) : Ruled banking expert Ala morning angel, replace the restructuring of the Iraqi currency in early 2013 and the implementation of the project to delete the zeros, indicating: that all the country's political situation and economic is well suited for the implementation of the Central Bank project to replace the currency.

And the angel said in a statement to Agence independent press (Iba) Thursday: The replacement of structuring currency has become elusive in political conditions tense and unstable economic, noting: that hasty decisions latest on the central bank and at least governor and fluctuating exchange rate currency led difficulty implementing central bank's decision replacing currency.

 

Speaker: We have reached a tentative agreement to end the crisis between the province and the center (Barzani, Nujaifi)
12/06/2012

Peshmerga send a peace plan for Baghdad

Baghdad morning : confirmed Parliament Speaker Osama al-Nujaifi to reach an agreement in principle to resolve the crisis between the province and the center and that he would continue his efforts to pending agreement on a convincing formula for the application of what has been agreed upon, while the Peshmerga Ministry sent from through the Office of Security Cooperation for the U.S. Army in Iraq to Baghdad peace plan with a ministerial note that moving the Peshmerga forces is for defensive purposes.

announced yesterday for the arrival of the Kurdish delegation headed by Barham Salih to the parliament building, and a meeting with Nujaifi on the latest crisis, the decision of the House of Representatives revealed Mohammed al-Khalidi, the formation of a supreme committee of the federal government and the Kurdistan Regional Government in order to implement the agreement the withdrawal of the army and the Peshmerga forces from the disputed areas. said Parliament Speaker Osama al-Nujaifi to reach agreement in principle to resolve the crisis between the province and the center, indicating pursue his pending agreement on a formula for the application of what has been agreed upon on the ground and that if what has been achieved, it will remove a lot of concerns on both sides and return to normal relations and end the political crisis . "

 

Parliamentary sources: International pressure entered on the line of the Central bank and the investigation proved the involvement of 4 large blocks
12/06/2012

Baghdad : Wael grace conflicting reports, on Wednesday, on the arrest of a senior official at the central bank, while confirming the Integrity Commission to refer the entire file to the judiciary, referring to the end of the investigation of the charges against some officials, including become known as the "currency auction." and while confirming parliamentary sources , that file the central bank will be on the agenda talks to be conducted by the Secretary General of the United Nations, who will arrive in Baghdad on Thursday, revealed evidence of involvement 4 parliamentarians of "first line" in 3 blocks known.

Council of Ministers decided, on 23 October last, sacking bank governor Central Shabibi and the prime BSA Abdul Basit Turki instead.

The government has accused al-Shabibi squandering a $ 250 billion since 2004 through indulgence in currency auction run by the central bank on a daily basis. , but Central Bank Governor Sinan al-Shabibi considered, accusing Prime Minister Nuri al-Maliki's central bank corruption "inaccurate", at the time objected to this resolution of many centers of power political and financial described Shabibi as an expert and technocrat proved its efficiency. were echoed Wednesday news about the arrest of the deputy governor of the Central Bank of the appearance of Mohammed Saleh, also confirmed parliamentary source for "long" yesterday "the issuance of an arrest warrant against Saleh," and was unable to "long" Contact welfare due out his phone for service.

 

Iraq and the Secretary-General of the United Nations human rights and discuss the mechanism out of Chapter VII
2012/12/06 16: 11: 22 Thursday

Baghdad (newsletter): search House speaker Osama Al-Najafi library, Thursday, with United Nations Secretary General Ban Ki-moon, several files, including removing barriers between Iraq and Kuwait of border demarcation and the freedom of navigation and missing persons and to compensate farmers.

A statement of the Office of the President of the Chamber of Deputies received (News Agency news) on Thursday that Iraq during the meeting, he pointed to the role of the United Nations in Iraq and the need for courageous decisions to resolve contentious issues between Iraq and Kuwait, the Security Council should have a chapter to exit Iraq from Chapter VII.

At the beginning of the modern United Nations Secretary General for the great achievement made by the House of representatives in the formation of the Independent Electoral Commission and its role in provincial Council elections approaching and the representation of women which must take into account the size of women in Iraqi society.


The below posts were in our 10am email

 

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The GET Team Roundtable Conf Call transcript 12.05.12  Thanks to Kaycee & Kktwahoo

[LEO] Welcome Everyone ~ Thank You For Joining Us Tonight For The G.E.T. Team Conference Call

[kktwahoo] Thanks Sam and Amen   Michangander here now Robert not here yet evidently Dwight?  Al is here  Frank is not on tonight  Thank everbody for being on the call Thanks Sam Lot of stuff going on

 [kktwahoo] Govt made a mistake - ???? Oil is bouncing back and forth $80 to $100 per bbl  Error done not as much by mistake as to slap Kurdistan on hands it appears Other issues for oil

[kaycee] Some clerical games being played dollar is going to raise a little

[kktwahoo] Any time there is potential for conflict overseas, oil price spikes up

[kktwahoo] ARticle - Iraq & Kuwait are supposed to sign an agreement tomorrow - new Parliment - actually signing - release from Chapter VII  Sources - strong for RV tonight through tomorrow due to imminent release from Chapter VII
...


 

xyz] Breaking News: US to Maliki..Kurdistan is significant and the region cannot bear more struggles http://www.shafaaq.com/en/news/4259-breaking-news-us-to-malikikurdistan-is-significant-and-the-region-cannot-bear-more-struggles.html

[xyz] Ban Ki Moon to Maliki: We are interested in what's going on with Kurdistan "I told Mr. Maliki in our today's meeting that what is going on between the government in Baghdad and Kurdistan region raises our attention". http://www.shafaaq.com/en/news/4267-ban-ki-moon-to-maliki-we-are-interested-in-whats-going-on-with-kurdistan-.html

[xyz] BREAKING NEWS. Maliki : Iraq fulfill his obligation regarding UN resolutions. -Maliki said Iraq has fully met his obligations regarding the international resolutions which were adopted under Chapter VII of the UN Charter. He said at a joint press conference with his guest the UN General-Secretary Ban Ki-moon, " Iraq had fulfilled all its obligations stipulated by international resolutions which were issued under Chapter VII of the UN Charter, stressing that Iraq's position requires get him out of the jurisdiction of this Chapter. http://www.ninanews.com/english/News_Details.asp?ar95_VQ=GEMDDD

[willietrader] He said at a joint press conference with his guest the UN General-Secretary Ban Ki-moon, " Iraq had fulfilled all its obligations stipulated by international resolutions which were issued under Chapter VII of the UN Charter, stressing that Iraq's position requires get him out of the jurisdiction of this Chapter. / End

[willietrader] xyz Guess we'll know in 9 days
....


 

8ball said.   Maliki maybe stonewalling again..... leaving them no alternative to pull down the Maliki government due to lack of effort... the twist on this is that they are only asking for Maliki to be replaced so they may have Shiites within Maliki's party saying...... its not us..... and Maliki is acting alone..... STAY TUNED................ Kuwait is coming to sign all agreements and Iraq must be organized would be my guess.....

SWFloridaGuy: Ban Ki Moon is making a trip to Baghdad tomorrow and claims that one of several items on the agenda is to remove Iraq from Chapter VII. If true, this is excellent news for the dinar community. The UN Secretary-General, who is meeting with President Talabani and Prime Minister Maliki will also hold a joint meeting at the Conference Palace with the Parliament Speaker, heads of blocs and parliamentary committees.

Ban Ki Moon said that "Iraq wants to get out of the provisions of Chapter VII of the UN Charter, but I strongly encourage the Iraqi Prime Minister to speed up the closure of many important files in the fastest time possible." I'd have to agree with the Moon on that one. The US Secretary of Defense also met with Maliki to abetment a solution to the Baghdad/Erbil political crisis.

12-5-12 Hame55:
25 billion dinars in circulation (their numbers) would mean, at a $3 rate, $75 billion dollars worth of dinar in Iraq (excluding foreign)/ That's not enough to run their country. Their gov't budget is bigger - not to mention private citizens.
...

 

Picture Hi to all, we are just 20 days away from recieving the best gift that God gave humanity, the birth of our Lord Jesus. Please remember for this is the real meaning of Christmas not Santa but Jesus.

On another subject nothing has happen as of yet, I see rumors come and rumors go what I don't see is the solution that must be delt with here in the U.S.( the tax on the rich ) for that if done before the 15th would insure us a blessed Christmas, but the way I see this it might take longer before the gop falls into play an gives in to a solution.

No bill signing no rv fine and simple. Looks like we are looking at the beginning of the year before we may see our blessing. New Year and a blessed wealth, sounds good to me. 42 and counting... This is the way it will go. Happy Journeys all and to all God bless. Bluwolf
...

 

12-5-12 Footforward: The Vietnam currency value tanked because of inflation. Vietnam cannot carry a high value to their currency. I don't believe that Vietnam can support a value higher than between $.05 - $.20, no higher.

There is manipulation to get people to exchange their dinar for dong. These people will be very disappointed at the end of the day.

The dong has not RV'ed anywhere, what you are seeing on the screens is manipulation, propaganda to get you to sell you dinar and buy dong.

The dinar will give a better return on your investment, it will outperform the dong, but the dong will still be a very good investment.

China is in control of part of this, but it is really a collective of events. Some think that this is being held off until January, 2013 for taxes, I don't believe that to be true.

A free float - there is no way this will free float. If they were to go to a free float they can only increase/decrease 2% every 90 days.

It would take a very long time for them to get anywhere. It is not going to happen that way.

The GOI has no affect on the RV. The monetary policy is decided by the CBI. The CBI and the GOI have done everything they need to do, it is out of Iraq's hands. There isn't much new intel, there isn't a lot going on out there. We are just waiting for the call to let us know we can go cash out.
...

 

    Med (09:27:33):  HELLO DS  A MAJOR MAJOR DICTATORSHIP MOVE WAS MADE BY MALIKI.....IT ALSO SHOWS WHO HAS THE FEDERAL COURT IN THEIR BACK POCKET 

  THE MOST DESPICABLE DECISION BY THE FEDERAL COURT EVER   WAS MADE TODAY    AND THE 2ND MOST DESPICABLE IS ON THE CLOCK RIGHT NOW WITH THE FED COURT   

PARLIAMENT PASSED A LAW GRANTING 25% OF OIL REVENUES TO THE POOR IN IRAQ  AS HAS BEEN DONE IN THE PAST

   MALIKI AND THE DAWA PARTY    WHICH TO ME IS JUST ANOTHER NAME FOR BAATHIST    WENT AND CONTESTED I    MALIKI DIDNT WANT ANY HELP GIVEN TO THE POOR    AND THE FEDERAL COURT AGREED   THEY OVERTURNED THE DECISION TO HELP THE POOR

  IN THE FIRST PLACE   THE ASSETS OF IRAQ BELONG TO THEM  NOT ONCE IN ALL THE TIME THAT THIS WAS BEING DISCUSSED IN PARLIAMENT  DID MALIKI GIVE A HINT HE DIDNT APPROVE OF IT

    HE IS SETTING HIMSELF UP TO CONTROL EVERYTHING THAT INVOLVES THE REVENUES OF IRAQ    AS A DICTATOR
...


The below posts shaded in green
are on our Iraqi News page
Urgent .. Maliki steps to resolve the crisis of the disputed areas
Thursday, December 06 2012 14:01

Twilight News : announced by Prime Minister Nuri al-Maliki, on Thursday, on the progress of ongoing dialogues towards a solution in the crisis of the disputed areas between the federal government and the Kurdistan Regional Government, noting that there were two proposals were Trahmha for discussion in this file.

Maliki said at a news conference with UN Secretary-General Ban Ki-moon and attended by " Twilight News "that" what happened between the federal government and the provincial government is cause to search for a solution provides security and stability in the disputed areas, "stressing that he must solve the crisis through pacify and resorting to the Constitution. "

Maliki said that "we have two proposals are either of these areas where the conflict that comes  common of all the ingredients until resolved in its final form at the Parliament's vote on the draft law of provincial boundaries."

 

LUKOIL" announces invested $ 5 billion in West Qurna 2014
Thursday, December 06  2012 11:30 

Twilight News : announced "Lukoil Lafer Seas" Russian oil, Thursday, expressed its intention to invest $ 5 billion in West Qurna field in Basra in 2014.

The head of the company "Lukoil Oversaz" and responsible for foreign enterprises in the company Andrei Koziv in a speech conference global energy seen by " Twilight News "that" the size of investment company Lukoil Russian oil in the West Qurna 2 field Iraqi will $ 5 billion by 2014. "

And explained Koziv "The Company" Lukoil Russia's first company in terms of the volume of investments. The five will be recorded billions Snstthmrha by 2014 set a record at all in terms of investments in Iraq's oil sector during the last 20 years. "

 

Parliamentary sources: international pressure entered on the line of the central bank and the investigation proved the involvement of 4 large blocks
December 6 2012

Baghdad / Wael grace : There were conflicting reports, on Wednesday, on the arrest of a senior official at the central bank, while confirming the Integrity Commission to refer the entire file to the judiciary, referring to the end of the investigation of the charges against some officials what has become known as "currency auction."

With parliamentary sources confirmed, that the central bank will file within a table discussions to be undertaken by the Secretary-General of the United Nations, who will arrive in Baghdad on Thursday, revealed evidence of the involvement of 4 parliamentarians of "first line" in 3 blocks known.

And the Council of Ministers decided, on 23 October last, sacking Central Bank Governor Sinan al-Shabibi and the prime BSA Abdul Basit Turki instead. The government has accused Shabibi squandering $ 250 billion since 2004 through indulgence in currency auction run by the central bank on a daily basis.

But Central Bank Governor Sinan al-Shabibi considered, accusing Prime Minister Nuri al-Maliki, the central bank corruption "inaccurate", at the time objected to this decision are many centers of political power and financial Shabibi described as an expert and technocrat proved its efficiency.

 

Central Bank announces that it will not delete the zeros from the currency in the next year
12/06/2012  3:42 pm

The Central Bank of Iraq that the draft delete zeros from the currency will not be in the next year,



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