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6pm, December 7th, 2012  

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Our Blog Posts
Tidbit Rumors & Opinions - Post By Dinar Vets
"Santa and Sarah" Emailed to Recaps Friday Evening
Tidbit Rumors & Opinions - Post By Leo GET Forum
Bulldog75 Key Story Today Posted at OOM&F Forum and Chat
News, Rumors and Opinions in Dinarland Friday Afternoon
Friday BGG & Poppy3 Dinar Updates Call Audio Player
The IQD Team with LJ with LJ's Next Step Team~~Replay Conf Call Dec 6
Friday Morning Dinar Chatter
Friday Morning Bluedog post emailed to Recaps
The posts shaded in green are on our Iraqi News page
The below posts were in our 10am email
Late Thurs.PM/Early Friday AM News, Rumors, and Opinions
Med & Member Chat - Post Bu Ksdunlap Dinar Speculator
Friday Dec. 7th 11am (ET) BGG and Poppy3 Updates Call
Terry K & GET Team Member Chat
The Big Call Thurs. Dec. 6th with Footforward Recording Link and Playback #'s
SWFloridaGuy Responds To MoodyBlu - Sent To Recaps
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
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
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Yota691: "2013 will see the end of the rule of Maliki." I'm step out and say it will Happen, after this ride is over. Any kind of change in Management at this point would stop the Reset, and that seems more Important to these folks at this time, and it would make the O administration look even more defunct, if you get my drift!! JMO

Easyrider: The UN and others can threaten Maliki with Chapter 7 release that way he is forced to get things done along with the HCL. I believe they go hand and hand Maliki eventually will nave no choice, without them being released they will NOT prosper and Maliki's power will be threatened and void sooner or later.

WallyWeaver: It was Iraq who is most responsible for changing their currency, the UN/ US sanctions probably had little to do with effecting the value of the IQD other than the sanctions caused Saddam to print an excessive amount. My understanding is the IQD lost its international value in 1995 when Saddam printed the heck out of it. This caused the internationally recognized exchange rate to drop to 3000:1 (even though in-country the exchange rate was recognized as much, much higher).

In 2003-2004, when the new bills (the ones we hold now) were introduced, the internationally recognized exchange rate was virtually the same as the old Saddam notes in 1995 (right around 3500:1 with the USD). So the exchange rate did not drop when we invaded, it had already been pretty low for several years.
...

Three years ago, a little boy and his grandmother came to see Santa at the McAllister Mall in Saint John. The child climbed up on his lap, holding a picture of a little girl.

Who is this?" asked Santa, smiling. "Your friend?

"Yes, Santa,' he replied. "My sister, Sarah, who is very sick," he said sadly.

Santa glanced over at the grandmother who was waiting nearby, and saw her dabbing her eyes with a tissue. "She wanted to come with me to see you, oh, so very much, Santa!" the child exclaimed. "She misses you," he added softly.

Santa tried to be cheerful and encouraged a smile to the boy's face, asking him what he wanted Santa to bring him for Christmas.

When they finished their visit, the Grandmother came over to help the child off his lap, and started to say something to Santa, but halted.

"What is it?" Santa asked warmly.

"Well, I know it's really too much to ask you, Santa, but.." the old woman began, shooing her grandson over to one of Santa's elves to collect the little gift which Santa gave all his young visitors.

"The girl in the photograph... my granddaughter well, you see ... she has leukemia and isn't expected to make it even through the holidays," she said through tear-filled eyes. "Is there any way, Santa, any possible way that you could come see Sarah? That's all she's asked for, for Christmas, is to see Santa."
....
Read More

12-7-12 Footforward: I think there is growing number of people trying to get things moving in a positive direction. In June of last year, Shabibi said on TV they were going to RV.

So one of two things happened. Either Iraq did everything they needed to do, had everything completely ready to go & someone higher up stopped them from going through with the RV or Shabibi is an idiot and they really didn't have everything completed.

He was just going on TV and saying this stuff for the heck of it. I just don't happen to believe the latter.

Maliki has continuously gone to the UN to asked to be released from Chapter 7. They have a check list, why would he go to the UN if things haven't been done. The IMF has to approve if you have a free or a managed float. The word is "suddenly", it's going to come in at a high level and have a managed float slapped on it right away.

There isn't one event set in stone that can't be moved signaling the RV has to happen at a particular time. Iraq needs this, the world needs this. I am still looking for this to go at anytime.

12-7-12 Bronzestar77: Yes, I would turn your phones off. Until the HCL is completed YOU WILL NOT HAVE A RV. My source has been dead on thru this whole process. China will not step up one cent until they know what hand they are deal

12-7-12 Mountainman: President Talabani, in a recent statement, said he expects Iraq to be out of Chapter 7 and that the Baghdad/Erbil crisis will be over soon. These are great signs Iraq is on the fast-track to recovery and it can't come soon enough in my book.
...



BULLDOG75 KEY STORY TODAY: FOLLOW THE POWER AND MONEY: THIS IS BOTH:
11:13AM EST December 7. 2012 - The Federal Aviation Administration is lifting a 16-year-ban on U.S. commercial airlines flying into Iraq.

In a final rule published in the Federal Register on Thursday, the FAA said that starting in January, U.S. carriers can fly into Erbil and Sulaymaniyah International Airports in northern Iraq.

"The FAA has recently determined that a full flight prohibition is no longer necessary for these airports in Northern Iraq, and this action will allow flights to be conducted provided that certain measures are taken," the FAA said in its notice.
http://www.usatoday.com/story/todayinthesky/2012/12/07/faa-airlines-iraq/1753247/

BULLDOG75: KEY STORY TODAY; AFTER 16 years: "FAA Lifts Ban on U.S. airlines Flying into Iraq" (POSTED IN FORUM) THE KEY HERE IS TO FOLLOW THE MONEY AND THE POWER STRUCTURES. THOSE BANS ARE NOT LIFTED UNLESS THERE IS POWER AND MONEY BEHIND IT.

[BULLDOG75] MORE EXCITING NEWS COMING. JUST HOLD ON TO YOUR HATS AND PONIES. WILL BE BACK WHEN THAT STORY BREAKS. TIL THEN; PRAY AND BE HAPPY. WE ARE THANKFUL FOR WHAT WE HAVE. CAN'T SPILL THE BEANS CAUSE THE POT IS STILL BOILING.

[BULLDOG75] 747 FLYIN HIGH. KEEP THE BUCKLE UP SIGN READY.
....
Read More

[Blaino] standby::::::::::::::::::: possible major breaking news!!!!!! Information in a few minutes! pandaexpress and texastom(okie's smarter brother) are on this as we READ.... in the EVENT.... We will go to the phones to illuminate the facts for all!!

[Blaino] iqd "MAY"..... "may" now be tradeable.... We are on top of that issue NOW.... Hope this is not "SMOKE".... no price changes so FAR... $3.22 (iqd) and $.29 (vnd) showing and with a ust HOLD.... In the executive end of the foreign currency div of a MAJOR BANK.

Blaino] ok, we attempted a trade where the rates are showing, no joy YET... We are also hearing from the pandaexpress that "they" say that this is the NIGHT.... I cannot yet say whether we are building this house on sand or STONE... But as soon as the foundations of this are examined, i'll be back! Again, we are making a diligent effort to bring the truth and nothing but the TRUTH..... "just the facts, mam!" i had due cause to elevate us back to dinaricon level 5 the other day and this days movements are evidence of the SAME....

Do not make any permanent decisions about your future or the like at this time, do not quit your job, etc. On this news as it now stands... However, know that running bthe emotional roller coaster is not our idea of a joke, and we, like you have a lot at stake both emotionally and figuratively.... So continue to be the best members that any site ever had, reward yourselves for fortitude and consistincy! More as we develop it
....
Read More

(Dinar Recaps Note: This is an excellent recording with Poppy3 talking about what you can do now Pre-RV about hiring the professionals you are going to need Post-RV.)


Streaming Updates Call

Dec 7 with BGG and Poppy3
00:00
00:00
00:00
43 Minutes

(in email, click title for Audio Player)

The IQD Team with Special Guest LJ from LJ's Next Step Team
Investigate, Question & Deliver
Thursday, December 6, 2012
Replay of Conference Call

Conference Call Replay - December 6, 2012
Download/Playback
or
760-569-7699 Pin 769478#

Another Great Round Table Discussion with Straight Talkin Mike and LJ from LJ's Next Step Team - Listen to the replay in its entirety for all the latest CBI, Economy and Government News from Iraq - ANOTHER GREAT CALL. Enjoy


The I.Q.D. Team's News Coverage
for Thursday - December 6, 2012

CBI / ECONOMY

Five MPs and ministers involved in the issue of central bank

Parliamentary: Shabibi hides a lot and arrested his deputy legal

Deputy Governor of the Central Bank of Iraq denies knowledge of the issuance of a warrant for his arrest

The implications of the crisis the central bank positive on the banking sector to correct orientations

Central Bank announces Trath draft deletion of zeros at the request of the Parliament
Read More

[Stitch] I pledge allegiance to the flag of the United States of America and to the Republic for which it stands. One nation, UNDER GOD, indivisible, with liberty and justice for all!! God Bless our troops and all who serve... God Bless the USA!!:

[redhead1] Who thinks Terry K was right?

[mailboxmoney] I dont care who is right

[sananddan24] Redhead1 about which statement?

[heyu288] redhead1 I said he was right about no rv last night

[jack1977] could he be right today? lets hope so

[redhead1] heyu288 - I hope he is right about tonight - and seeing it on the Forex at 5 pm on Sunday - cash out on Tuesday - that would be great - I notice none of the gurus have met the predicition of the pp packages being delivered

[mbd4049] heyu288 IMHO it could be here by the 17th because O said he was on vacation for three weeks in Hawaii -- oh plz -- and he also said we have nothing to worry about, what???????????
....
Read More

Bluedog says:

Keep in mind that there is a News Blackout........WHAT DOES THAT MEAN.........means that anything put out will be censored by the GOI and know that NO News Papers or raqi TV will stop Broadcasting and printing news....................at this point the GOI will not tell you when they will RV their currency that would be suicide for them......................so I laugh so hard when reading any article that deals with their currency .........relax and enjoy your investment it will be a Great New Year.......................just as the Tigris military situation its always good to practice and to do maneuvers and this is a GREAT time to do this to put confusion in the air......................as Maliki wants to take oil funds from the people..............LOL LOL too funny ......

Remember "Moon", from the U.N. is in iraq right now.... focusing on chapter 7...... NOT focusing on Kurdish and central government problems.... that should be number one.... so..... that should indicate to you that the problems with Kurdistan is all for show and distraction.... as far as the CBI putting the RV on hold from 5 different articles today.... that's as big a hoax as the Kurdish forces and the Iraqi forces coming together in the disputed areas in Kurdistan..... when the US forces were there, this was all finished and agreed upon..... or the US would have never pulled out.... but remember the US has 20 PLUS thousand troops back into Iraq. They wear "different" uniforms now.... they are there for a different purpose now.... I would have never paid at the theatre to watch this show if I was not an investor in the IQD. .... Look forward to having a Happy New Year.... AND I mean HAPPY...... see below article... what a change... and I Mean HAPPY.... they will MISLEAD you and tell you that it will be in 2014!!!! And that should make you VERY HAPPY!! They will mislead us..... when the RV is close and UPON us!!! The article below has Barzani and Maliki changing their views.... and getting along all of a sudden.... Kuwait acts as though there is no crisis in Iraq.... hint... hint!

Moon acts as though there is NO crisis in Iraq... hint hint!
Read More

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

Parliamentary Finance: The arrival of the delegation from the United Nations to investigate the issue of central bank
2012-12-07 3:10 p.m.

BAGHDAD / electronic integrity: Revealed the Finance Committee in the Iraqi Council of Representatives, on the arrival of a delegation from the United Nations to Baghdad, to investigate corruption files in the central bank.

A member of the Finance Committee Iraqi List MP Hassan Auzmn in a press statement that a delegation from the United Nations arrived in Baghdad during the past two days, adding that the delegation includes experts to investigate the cause of the central bank and corrupt files raised him, noting: that the delegation demanded the Iraqi government by providing names of involved corruption in the bank, and this has become the issue of an international bank.

The Auzmn said: UN has the right to intervene in this case, for two reasons, first: that Iraq is still under Chapter VII. Second: Iraq from the participating countries to sign the International Convention for the fight against money laundering.
http://www.alestiqama.com/news.php?cat=siasy&id=5540
Party member Talabani: Iraq under Chapter VII nor the federal government can declare war on the region
Friday, 07 December 2012 11:02

Baghdad : Stressed Ismail thanked member of the Patriotic Union of Kurdistan led by President Jalal Talabani that Iraq under Chapter VII can not be his government's federal declaration of war on the region or any province and the use of weapons ", expected to resolve the crisis between Baghdad and Erbil during these days after moves by President Jalal Talabani with the heads of political blocs.

He told all of Iraq [where] today that "meetings with President Jalal Talabani with the heads of political blocs came from in order to find the best solutions to the crisis between the Federal Government and the Kurdistan region and maintaining Iraqi sovereignty."

He thanked "all political parties realize that the internal fighting is not in the interest of Iraq and the government at the present time, because some of the parties are always playing in the murky water and the movement to change the system and thus corrupting the country."
Read More
Talabani and Nujaifi emphasize the need to dismantle the current crisis and the adoption of hard work
Friday, 07 December 2012 09:34

Baghdad : Said President Jalal Talabani and the House of Representatives Osama Najafi need to dismantle the current crisis faced by the country and the adoption of hard work for the maintenance of the national fabric of Iraq and the unity of all its components and restore confidence between the political parties and the creation of a shared vision among them.

The presidential statement said the agency received all of Iraq [where] a copy of it today that "Talabani received in Baghdad yesterday evening Najafi was identical views on pursuing in order to resolve the outstanding problems."

For his part, The President of the Council of Representatives, according to the statement "appreciation for the efforts of national Talabani to promote national cohesion and overcome the obstacles in front of the start of constructive political dialogues, also highly appreciated the statement made by the His Excellency the Iraqi people in order to calm the situation."
Read More
A member of the Parliamentary Integrity denies the issuance of an arrest warrant against the deputy governor of the Central Bank of the appearance of Mohammed
12/07/2012 9:48 am

Denied a member of the Parliamentary Integrity Committee issued an arrest warrant against the deputy governor of the central bank in a corruption case related to the bank.

Said committee member Jawad Alshahyla in a press statement, that "reported by some media regarding the issuance of an arrest warrant against the deputy central bank governor [appearance of Mohammed Saleh] for his involvement operations corruption in the bank is inaccurate information, and there is no new names relating to the case."

He added that "the biggest surprise is the arrest of small heads involved in the case and leave the big ones."

The House of Representatives form a parliamentary committee headed by First Deputy President of the Council Qusay al-Suhail to investigate the process of money laundering and corruption operations in the Central Bank.
Read More
Terminal: Must adopt financial budgets hard on the economy and diversified oil alone
12/07/2012 9:25 am

MP criticized the citizen Habib Terminal block adoption of the financial budget of the country on the mono-economy and volatile.

Terminal said in a press statement on Friday "it is wrong to build financial budgets on oil imports alone because the price of oil is controlled by global trading and prices fluctuated between now and then."

He added that he "can not be mortgaging the future of Iraq and bread vendor economic variable because that leads to a major economic disaster especially with Iraq's possession of many of the economic resources suitable for exploitation and dependence in addition to oil."
Read More
Document: Ten banks accusing civil acquired accounted for 81% of the central bank auction sales
December 7 2012

BAGHDAD (Iba) : Raised the issue of the Central Bank of Iraq a lot of questions about the nature of the banking system in Iraq and currency smuggling, money laundering and other crises and problems that have been circulating through the media for months.

If the things that put in the media is still cloudy on abuses that touched investigative committees on the subject of currency auction that case is still in the corridors of the judiciary, which achieves, revealed an official document high sensitivity that ten banks belonging to the private sector dominated the auction CBI duration 8 months begin in early 2012 until August 31, 2012.

The document showed that seen by the independent press (Iba) that the Bank of the Middle East was in first place as they accounted for an amount of $ 2,701,095 two billion, seven hundred and one million and 95 dollars.

The United Bank for Investment came in second in the amount of 2387242 two billion and three hundred and eighty seven million and 242 dollars.
Read More
Banker: Political impasse threatening the migration of the dinar to the outside and its decline against the dollar
3:46 am December 7, 2012 by

BAGHDAD (Iba) : Instructed the Director of the Association of private banks Abdul Aziz Hassoun, decline in the exchange rate of the Iraqi dinar against the U.S. dollar to bring the deteriorating security and political and currency auction continues to use the old mechanisms to raise sales and mechanical supply and demand.

He said Hassoun told the independent press (Iba) "The worsening political events in the country pay most of the citizens to transfer money abroad in dollars to migrate to a country more secure and stable, making demand for the dollar is increasing dramatically and at least display and thus increase its exchange rate against the dinar Iraqi.
Read More
US to Maliki: Kurdistan is significant and the region cannot bear more struggles
December 7, 2012

BAGHDAD: Baghdad-Erbil crisis was on the top agenda during American deputy's meeting with the prime minister, Nuri al-Maliki, a diplomatic source reported.

A diplomatic source said that the American deputy reported Maliki that "it is necessary to make a decision aimed at easing the tension between Baghdad and Erbil".

The source went on saying "the meeting was hold between the American defense minister, deputy US-State department and the Iraqi Premier Nuri al-Maliki, several issues were discussed during the meetings, mainly the tension between Erbil and Baghdad"

The source added that the deputy told Maliki "it is necessary to choose a way aimed at easing tensions because the region cannot bear more struggles".

A statement released by US-embassy in Baghdad stated that the two sides discussed the regional dangerous threats including the situation in Syria,www.ekurd.net American officials expressed their commitment to work on guaranteeing Iraq will enjoy its ability on security and defense which will be on the best joint interests of the two countries.
http://www.ekurd.net/mismas/articles/misc2012/12/govt2124.htm
Deputy: Central Bank demands to achieve a balance between supply and demand for the dollar to maintain the value of the dinar and the reduction of money laundering
07/12/2012 09:27:48 Friday

Baghdad (news) : A member of the Finance Committee MP / National Alliance / Abdulhussain Yasiri, for the commission of Directors of the Central Bank of the previous three irregularities that led to money laundering, calling for the realization of the principle of balance between supply and demand for dollars to maintain the rate of the dinar and to prevent money laundering.

Yasiri said (of the Agency news): The management of the Central Bank earlier committed three violations of the law including the transfer of funds from hard currency to import goods and fake, not third parties provide arrived Accounting tax by people who have contributed to the transfer of money (traders) to the outside, as a result of the interest derived from dollar selling abroad.
Read More

The below posts were in our 10am email

 

[sananddan24] This is the day that the Lord has made and we are going to rejoice and be glad in it!

WCW] i will be back after while i am hearing things are looking good for today keep the faith cause this baby is coming

 [babble] Went to sleep thinking of all the things I had to do after arvie/ce and when I woke up this am for the first time in months I was very calm and peaceful instead of angry. Hope this is a sign form God that it is about to happen.

 [Rocky49] babble I will take that as a good sign.

Geoworld] Lets go camping its Friday and TK said the Rv won't be here till monday --cash in on Wed

[sananddan24] Geoworld should be sooner I would think UN updates on the 15th ... We should be able to cash before the public
....


 

    Med (10:16:13):    GM    ONE THING AND I AM HOPING THAT THEY MEANING THE KURDS    AND THE IRAQI LIST   DO NOT FALL FOR UNFULL FILLED PROMISES    AGAIN    ALL IT DOES IS BUY TIME    AND MALIKI HAS BEEN GREAT AT DOING SO

    ONE THING I AM GOING TO REMIND ALL ABOUT THESE DATES

    guardian: lip service

    Med:    LIKE THE 2013    OR 2014    YES    AND ALSO    IT CAN BE THAT WE ARE NOT GETTING THE FULL INTERPRETATION    OR UNDERSTANDING   AND THAT IS NOT OUR FAULT    THIS WAS TRUE    LAST YR    WHEN EVERYONE THOUGHT    OR NOT EVERYONE    BUT THOSE WHO JUMP IN AND LOOK FOR A MOMENT

    AND THE ONLY TIME YOU HERE FROM THEM    IS WHEN IT LOOKS LIKE IT ISNT GOING TO HAPPEN    THEY HAD REMEMBER    SAID 2014 WILL SEE THE BEGINNING    AND IT WAS NOT THAT AT ALL    IT WAS THE BEGINNING OF NO MORE OF THE LARGE DENOMS    RUNNING PARALLEL WITH THE NEW SMALLER ONES
...


 

Streaming Updates Call

Dec 7th (10am CST) with BGG and Poppy3

Just click on the "Straight Talk Radio" banner @ www.dinarupdates.com/blog and listen.

This is the call we tried to air yesterday - but could not....sorry.

 

TerryK Chat 12/6/12 10:22 pm est

 [terryk] hey all sorry had to do some chores take out the trash now did you know an additional 304 trillion came into the banking system  not for the goverment - for payments
[jad] how can that be tk???

 [terryk] go figure that one out
[Gullwing] yes you told us earlier

[terryk] i can't get that verified  but was told by a banking person
[msjeta1] for the pp's?
[cec52] wow!!

[terryk] yep  most to big business investments  when the big get big they get bigger
[msjeta1] big business bailout

[terryk] ok now starting monday  oops next wed  i'm going to be giving fudge away  i would go on a limb and say i would not turn your cell phone off  found out today one of my sources is in jail  on phone with source - hold - ok where i thought we had good news  we dont - it will not go
down tonight
...


 

The Big Call for Thursday, December 6th with special guest Footforward

RECORDING LINK

Playback Number is 559-726-1159 access code 123456#

38 Minutes

 

MoodyBlu:  So according to all this info, or opinion, we will be lucky to see the iqd reach *one cent* U.S. per dinar or 10,000 U.S. per 1,000,000 dinar. Did I sorta understand that right?

SWFloridaGuy:  Sorry for the confusion. Part of my post got cut off. Not saying that at all. Let me clarify:

I believe the IQD will eventually end up around 1 to 1 or slightly more than equal the USD (as referenced by the CBI, IMF and SIGR report on numerous occasions).

The IQD is a crawling peg. The currency is adjusted periodically in small amounts at a fixed rate or in response to changes in selective quantitative indicators The ERM (Exchange Rate Mechanism) which maintains that fluctuations have to be contained within a margin of 2.25% on either side of the bilateral rates has zero effect on our investment.

The CBI is expected to determine the IQD rate in a rule-based manner, adjusting at a predetermined rate or as a function of (actual or expected) inflation differentials.

The IQD is currently pegged to the USD as a defensive measure while Iraq rebuilds. The auctions supply the market with dollars and stabilize the IQD rate against the USD. The rate of crawl can be set to adjust for measured inflation or other indicators, or set at a preannounced fixed rate and/or below the projected inflation differentials.
...


The below posts shaded in green
are on our Iraqi News page
Economics Committee: Two world wars and 40 Mgesh for the new currency the government rejected
Friday, 07 December 2012 08:16

Twilight News : revealed to the Committee on the economy and investment parliamentary Friday, the Iraqi government's refusal to provide two world wars of the contract, and import 40 high Mgesh sensitivity to switch the new currency.

He said the Commission's decision Mahma Khalil in an interview with " Twilight News "that" models of some groups for the new currency that came out of the Economic Commission, was where a lot of advantages and connotations and national symbols, "noting that those models" were preserved and sober from overtaking, damage and fraud. "

He Khalil out that "there was an agreement with the two world wars of the animate potential technical and logistical high grandfather, and there 40 Mgesh imported by Iraq with high sensitivity and there was a desire to import other devices with sensors effective," adding that "the government has refused the project at the moment, and I think he will not see the light even in 2014. "

 

Ban Ki-moon: Iraq inspections of Iranian aircraft courageous decision
December 7 2012

Iraqi Prime Minister Nuri al-Maliki, with UN Secretary-General Ban Ki-moon, Iraq's remaining obligations of the provisions of Chapter VII, and the end of his possessions with Kuwait, as well as the smuggling of weapons from Iran to Syria through Iraqi atmosphere.

And Ban Ki-moon praised during a joint news conference with al-Maliki on what he described as courageous decisions of the Iraqi government, inspection of Iranian aircraft, to prevent the smuggling of arms to Damascus.

Maliki stressed his part that the UN mediation to resolve the tense situation between Baghdad and Erbil is not possible, in the absence of a request from the Iraqi government so, but he added that Iraq seek help from the UN mission in this topic.

 

Banker: political impasse threatening the migration of the dinar to the outside and its decline against the dollar
3:46 am December 7, 2012

(Iba) : Instructed the Director of the Association of private banks Abdul Aziz Hassoun, decline in the exchange rate of the Iraqi dinar against the U.S. dollar to bring the deteriorating security and political and currency auction continues to use the old mechanisms to raise sales and mechanical supply and demand.

He said Hassoun told the independent press (Iba) "The worsening political events in the country pay most of the citizens to transfer money abroad in dollars to migrate to a country more secure and stable, making demand for the dollar is increasing dramatically and at least display and thus increase its exchange rate against the dinar Iraqi.

 

Parliamentary Integrity: the assignment involved the Arab summit to file criminal
Friday, 07 December 2012 11:16

Baghdad / Orr News: Revealed the Parliamentary Integrity Committee that involved charges of corruption that marred the reconstruction of five hotels in Baghdad to host the Arab summit to be held in Baghdad last March have been referred to the Criminal Court of Rusafa.
 
Committee Chairman Bahaa al-Araji said that "investigative committees completed today its investigation file Emaar Hotels summit in Baghdad was a referral to the Criminal Court of Rusafa in order to rule on the defendants in the file in the coming period."

Araji said that "major implicated in the file are senior officials of the Ministry of Foreign Affairs as well as senior engineers from the Ministry of Construction and Housing has proved responsible for investigations of corruption in that file."

 

Sources reveal some house telephone conversation between Maliki and Biden
December 7 2012

Baghdad / Orr News: Sources political identical for Dial, who was recently between Prime Minister Nuri al-Maliki and Vice President Alakerki Joe Biden, included two main points: first reroutes Iraq over the Syrian crisis and abandon the regime of Bashar al-Assad entirely, and the second: to resolve all outstanding issues between Baghdad and Erbil through intermediaries American.

In this regard, revealed the source of a senior Kurdish for the diplomats Americans in Baghdad began contacts and meetings with the parties, Maliki and Barzani to end the problem and come to a common agreement for the management of the disputed areas and searching files security and military related deployment Iraqi army within Kurdistan and impose control security on International airports in Erbil and Sulaymaniyah.

The source said the Kurdish One solutions is to re-deployment of U.S. troops in the disputed areas to ensure there were no clashes between the army and Kurdish Peshmerga, is that Maliki rejected this proposal, adding that Washington does not oppose re-deploy military forces in the region if it wants parties to the dispute the and U.S. Vice President Joe Biden on the Iraqi file excited for this step because the U.S. administration will not allow the outbreak of any fighting between forces of Baghdad and forces of Arbil on the grounds that this development represents a blow to the United States, which sponsored the political process in Iraq for nearly ten years, therefore, Biden Maliki told that the armed clash with Kurdish Peshmerga is a red line and that U.S. forces would intervene in the event of the outbreak of fighting in Kirkuk and any other area.

 

Security parliamentary organize field visits to pacify mixed areas
Friday, 07 December 2012 11:19

Baghdad / Orr News: I decided to parliamentary security committee to do field trips to visit the mixed areas confirmed that she will stand for political movements in the mixed areas in the coming days.

A member of the Committee Chuan Mohamed Taha said that "for security and defense committee parliamentary and part of its supervisory level restore security in the country and that by observing what is happening from the movements on the ground between federal forces and the Peshmerga forces to be this attitude united and away from political representation or regionally for deputy in This committee, which is where all the blocks and forces and components. "


The below posts were in our 10pm email

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.
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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


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