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6pm April 9th, 2016

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Table of Contents

  
WSOMN:

AdminBill:  THIS IS SHAPING UP TO BE AN INTERESTING WEEKEND. DOES IT MEAN AN RV? THAT IS THE 64 MILLION DINAR QUESTION.

ABOUT THE ZIM - I WAS TOLD EARLIER THIS WEEK THAT THE ZIM RATES WOULD BE GOOD BUT NOT ASTRONOMICAL. ALSO TOLD THAT THERE WOULD BE A LONG TERM TAX INVOLVED FOR THE EXCHANGE BUT A TAX RATE WAS NOT GIVEN.

I STILL SAY STICK WITH TONY'S PLAN OF SETTING AT LEAST 50% ASIDE FOR THE TAX MAN....

THERE ARE MANY INSTANCES WHERE I HAVE TALKED TO CONTACTS THIS MORNING THAT HAVE PROVIDED ME WITH SOLID INFORMATION THAT HAVE CONFIRMED THAT SOME OF THEIR SOURCES HAVE GONE QUIET SINCE THURSDAY.

OF COURSE, THIS COULD ALL BE COINCIDENTAL BUT IT DOES MAKE ONE WONDER WHAT IS GOING ON IN THE BACKGROUND.
....


Dinar Updates Friday AM Chat  4-8-16    Part 3 of 3
 
rcookie says():SO THE IMF EXECUTIVE BOARD GRANTED A NON COMPLIANCE WAIVER...AND CONCLUDED NO FURTHER REMEDIAL ACTION WAS NECESSARY....
 
rcookie says():The noncompliant disbursement arose as a result of misreporting on the observance of the standard continuous PC for the non-imposition or intensification of restrictions on the making of payments and transfers for current international transactions.
 
In October 2012, staff learned that during the last quarter of 2010 the Central Bank of Iraq (CBI) issued three circulars on the daily  foreign exchange auctions that gave rise to exchange restrictions subject to IMF jurisdiction.
~~~

Dinar Updates Friday AM Chat  4-8-16 Part 2 of 3


msdiva says(): So no need for Shabibi since hes 74 I had no idea he was that old
clay says to msdiva():would be a great advisor
 
msdiva says():oh well i guess the cbi is stuck with ali alak
clay says to msdiva():I just want them to increase their value globally
clay says to msdiva):then Iraq is history in my book
 
rcookie says():the imf told iraq when they were co-authoring the 2016 budget...and preparing the loi/mefp/tech mou that a big part of their fiscal program and commitment for 2016 was to be to provide non oil revenues in line with non oil expenditures....
 
they mandated iraq to collect 8.8 trillion in non oil revenues...of which only 1 trillion could come from the increase in wage taxes....that means they need to generate 7.8 trillion in non oil revenues.....here it is from imf loi...
 ~~~

Dinar Updates Friday AM Chat  4-8-16    Part 1 of 3

  DINAR UPDATES 4-8-16
Post From Dinar Updates
Chat Room Excerpts & Highlights

Dinar Updates Friday AM Chat  4-8-16    Part 1 of 3
 
DIGIman1 says to LLN65():i was just noticing in the blog.....yesterdays auction numbers.....
LLN65 says to DIGIman1():oh do tell :)
LLN65 says to DIGIman1():are they down
 
DIGIman1 says to LLN65():29 banks...thats really high...and only 90M sold....
LLN65 says to DIGIman1():good sign eh :)
DIGIman1 says to LLN65():sorta tells me things are restructuring...hopefully the 'thinning' trend continues...quickly...lol
 
DIGIman1 says to LLN65():gm cookie .... care to offer your opinion on that?
rcookie says to LLN65():WHts that... the auctions...
DIGIman1 says():yes....

rcookie says to LLN65():sure....we know exactly what they are doing...
rcookie says to LLN65):ready...
rcookie says to LLN65():oops..
~~~

  
Dinar Updates:

Q:[...US Secretary of State John Kerry met at the US embassy building in Baghdad delegation of the Kurdistan region, headed by the Prime Minster Nechirvan Barzani and the new Kerry during the meeting support for the province of Peshmerga forces...] 
 
Poppy3:  Kerry...FOR WHAT HIS WORDS ARE WORTH...HE PRAISED IRAQ'S PROGRESS IN MANY AREAS AND TOLD THE PEOPLE OF IRAQ TO BE PROUD AS THEY ARE ABOUT TO RE-ENTER THE GLOBAL ECONOMY.

HE HAS TONS OF DIGNATARIES WITH HIM FROM OTHER COUNTRIES.

RUMOR SAYS THEY HAVE PROMISED THE PROTESTORS AND ARE HANDING THEM A 50 DINAR BILL TO GET THEM TO STOP THE PROTEST FURTHER. MOST WHERE ACCEPTING IT AND LEAVING .

TIME WILL TELL.... ARE THEY READY OR NOT.
....

The below posts were in our 11am newsletter
WingIt:

BlackEyePea: Most REAL intel has gone dark..for a reason...lets respect the process and let IT DO WHAT IT DO!

Dont worry about the rates and the structures..it matters but right now it doesnt matter!

WHAT MATTERS IS WE GET TO THE BANK..we will discuss the rates when we get there...! IM TRYING TO TELL YALL SOMETHING

Chill on the rates. Dont press anyone on that as you can get some in trouble. RESPECT !
 
IM not saying much else..NO one with real intel is..as I said last night you should be able to see the BUS LIGHTS..

JerseyBoys:  BEP - I HOPE YOU ARE DRIVING IT!LOL
....


 

Wealthwatch Chat Room News & Comments   4-8-16   Part 2 of 2

Tootsie: Babylon protesters demanding Abadi to "adhere to the " position of the government of technocrats 08/04/2016 18:57 Demanded hundreds of demonstrators Babil province, on Friday, Prime Minister Haider al-Abadi to "root stick" in the formation of a government of technocrats, as called for the dismissal of the governor of Babylon honest meaning of the Royal resolution of the Council, stressed to detect corrupt files since 2003 and accounting thieves of public money.
 
He said civil rights activist Ismail Mohamed Ismail said in an interview, to the (long-Presse), said that "hundreds of people of the province of Babylon, came out today a demonstration demanding the prime minister Haider al-Abadi uphold strongly his decision-author of the Ministry of technocrats,"
 ~~~

 

Wealthwatch Chat Room News & Comments   4-8-16   Part 1 of 2


Wealthwatch Chat Room News & Comments   4-8-16   Part 1 of 2
 
chattels: Barzani's office: a delegation of senior officials of the region to visit Baghdad to discuss three key files
 
chattels: 1 - " the delegation will urge the first file with the Prime Minister Haider al - Abadi and other political parties and political crisis facing Iraq 's security challenges as well."
 
chattels: 2 - " the delegation will discuss in the second file the issue of freeing the city of Mosul and how to control it , and post - editing and how to maintain the social fabric and Almkoonati to the city of Mosul after its liberation from Daash. "
 ~~~

 

BLC Admin Tlm724 News & Comments    4-8-16


 
Newspaper: Kerry holds in his visit to Baghdad a veto on change Abadi[/size]
08/04/2016 10:24 | Direction Press / follow-up
 
Revealed the Lebanese newspaper "The News", said Friday that US Secretary of State John Kerry holds in his visit to Baghdad today, "veto" on the change of prime minister Haider al-Abadi, while suggesting that he will meet with a delegation from al-Anbar for talks on the liberalization of Fallujah.
 
The newspaper said in a report on its issue today, "Kerry's visit will last one day, and it was coordinated through the past few hours, noting that" the first delegation would meet him Kerry is a Kurdish delegation, which will arrive in Baghdad, headed by the President of the Kurdistan Regional Government Nechirvan Barzani and his deputy Qubad Talabani ( the son of the Patriotic Union of Kurdistan (PUK), Jalal Talabani, Prime). "
~~~