October 5th 6pm

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​Post From Dinar Alert
DA Member News Highlights & Comments 10-05-17

Kaperoni:  Iraqi Central Bank eases restrictions on the bank of the Kurdistan region

Since 04/10/2017 13:28 am (Baghdad time)  BAGHDAD - The balance of News

A source in the banking sector in Iraq, Wednesday, the central bank eased imposed on the Kurdistan region after receiving a pledge of cooperation Kurdish banks and financial constraints.

"Reuters" quoted the source as saying, he was allowed to resume the dollar remittances of foreign currency, Wednesday morning, with four Kurdish-owned banks exception.

Notes From The Field By Simon Black
October 4, 2017 Santiago, Chile 

Investment advice from Paris Hilton

"Angelina Umansky, a 39-year-old spa owner from San Francisco, was visiting a friend in Miami two weeks ago when she heard about a new condo development downtown. 

Hoping to find a vacation home, but worried that others were interested, too, Ms. Umansky arrived at the sales office at 8 a.m. the day after seeing some model units. 

About 50 other buyers were already in line . Two hours later, a sales agent summoned her and said she had four minutes to decide which unit to buy. She acted fast, offering $350,000 for a two-bedroom, two-bathroom unit. 

Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Early Thursday 10-05-17 

chattels: France’s Macron offers to mediate between Erbil, Baghdad By Rudaw http://www.rudaw.net/english/kurdistan/051020171

chattels: “France is ready… to contribute actively to mediation,” he said. France has historically close relations with Kurdistan and maintains “close ties” with Kurds, Macron said.

chattels: Speaking in Paris, Abadi said he does not want conflict with Kurds. “We don’t want armed confrontation,” he said, qualifying that “federal authority must prevail.” Macron and Abadi also discussed the war with ISIS and rebuilding Iraq’s economy.

chattels: Hawija retaken from ISIS: Iraqi army By Rudaw 


Walkingstick:  Economic expert: Iraq can not trade in its local currency

Thursday 5 October 2017

BAGHDAD (Reuters) -  Iraq's agreement with other countries to trade through the local currency and abandonment of the dollar will have positive repercussions on the economic situation, the economic expert said on Thursday, pointing out that Iraq can not take such steps at the moment because of weakness Economy and the absence of national industry.

"Iraq's agreement with other countries for commercial exchange through the local currency and abandonment of the dollar will have a positive return on the economy," Smisem said, "noting that"  trade  in local currency will reduce the inflation rate significantly becauseof the lack of the need to buy Dollar or reduce the proportion of  purchase. "