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  1. Close to Abadi reveals the intention of the government to work with the budget "without a parliamentary approval" A deputy who knows the media close to the Prime Minister Haider Abadi, Monday, the impossibility of passing the budget in 2018 in parliament because of objections and observations of the political blocs, revealing the intention of the government to work in the budget without the adoption, similar to what happened in 2014. The deputy Jassim Mohammed Jaafar said in a statement to the "Information", "The Kurdistan Alliance blocks do not accept the allocation of 12 trillion dinars to the Kurdistan region, while the Union of forces opposed the allocation of 10 trillion dinars liberated areas and demanding about 20 trillion while the National Alliance refuses to reduce budgets of oil-producing provinces Means that most blocs are not approved on the budget and can not be passed at all, especially with the near elections. " Jaafar added that "the government can not provide any additional amounts on the budget to meet the demands of the blocks on the provinces because of the deteriorating economic situation in the country four years ago after the decline in oil prices globally." He added that "the budget deficit is too large and can not add another deficit on them depending on external and internal loans, as the government did previously." He pointed out that "the government is determined to work in the budget without passing in parliament in the event of continued refusal of the political blocs to vote on the law."
    12 points
  2. Rafidain decides to activate the transfer of financial services to citizens electronically Economy News _ Baghdad Rafidain Bank decided on Monday to activate the service of transferring customers' money electronically between its branches whether they have a savings account or current. "It is decided for the first time to apply the system of electronic transfers," he said, adding that "the citizen can move his money in his account located in any branch and transfer it to another branch, whether in the branches of Baghdad or provinces "He said. The bank added that "the service also provides a citizen wishing to transfer funds from the branch of Rafidain Bank in any province to private banks," noting that "this step is achieved and completed on the same day without any hindrance or delay." Views 26 Date Added 12/12/2017
    8 points
  3. The document: a political entity address the Prime Minister officially .. and demanding the dismissal of the Governor of the Central Bank 12/9/2017 In an official letter addressed to the prime minister, the Iraqi National Unity Party (NDP) called for the dismissal of the governor of the Central Bank, Ali Al-Alaq, and the appointment of the most suitable person to manage the bank. According to the book, which the party addressed to the Prime Minister and read by "Sky Press", the request came based on the international study that was issued recently and placed the governor of the Central Bank of Iraq in the last rank as a central bank manager in the Middle East due to poor management of government and private banks and causing the loss of dozens Billions of cash reserves for Iraq. The book pointed to a number of corruption files raised on the relations during the period of its administration to the Central Bank, most notably "currency auction" and all raised on these operations of suspicions, as well as the decline in the value of the Iraqi cash reserve to half a half during the past three years, in addition to failing in the management of banks And its transactions. The party called on the Prime Minister to include this decision within the reform measures promised by the people. An international study conducted by a center of financial studies sparked a major uproar in the Iraqi street after Kassua was classified as the head of a central bank in the Middle East and Africa. Source
    8 points
  4. Rafidain decides to activate the transfer of financial services to citizens electronically between all branches Tuesday, December 12, Alsumaria News / Baghdad Rafidain Bank decided , Tuesday, to activate the service of transferring customers' money electronically between its branches, whether they have a savings account or current. The bank's information office said in a statement that Alsumaria News had received a copy of it, "It was decided for the first time to apply the system of electronic transfers," noting that "the citizen can move his money in his account located in any branch and transfer it to another branch, whether in the branches of Baghdad or provinces." The bank added that "the service also provides a citizen wishing to transfer funds from the branch of Rafidain Bank in any province to private banks," noting that "this step is achieved and completed on the same day without any hindrance or delay." It is noteworthy that most Iraqi banks are still far from the work of the global banking system, which is still using securities in the dealings rather than electronic operations.
    8 points
  5. Well, OK, looks like the Iraqi Parliament is in a urinating match with the World Bank on the reduction of salaries. I wonder who will win here???!!! I also wonder what "the new additional conditions placed on Iraq" are by the World Bank like, "You ALL better hurry up and get this all done or YOU"RE FIRED and no mo salary fo YOU!!!" YEEEEEEEEEAAAAAAAAAAHHHHHHHHHHHHH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! YEE HAW............................... And..................................... Go Moola Nova!
    6 points
  6. The giant of corruption in Iraq, who conducted the largest robbery deals with suspicious personalities close to Abadi to rid him of accountability (know him) 12-12-2017 02:16 PM Baghdad News - Due to the auction of currency, the capital of Huda bank to his owner Hamad al-Musawi in six years to dozens of times since its establishment in 2007 with a capital of 25 billion dinars,because of the auction of currency in the Central Bank of Iraq. Hamad al-Moussawi, the giant corrupt in Iraq, who carried out the largest theft of the history of Iraq, which amounted to about six and a half billion dollars, which turned it to his account outside Iraq. According to official documents that were disclosed, Hamad al-Musawi bought the dollar from the Central Bank with forged documents and turned it to a company that owns and acts fully. A source close to al-Moussawi said that "the latter and some owners of private banks suspicious, in the case of warning and high readiness, and some began trying to make deals with figures close to Prime Minister Haider Abadi, as some relied on his relationship with the Governor of the Central Bank Ali Alalak, Pointing out that they 'believe that this will save them from the fight against corruption carried out by Abadi'. The source asked, 'Does Abadi issue an international arrest warrant and bring the fugitive Hamad al-Moussawi and his clans because of the billions of dollars in remittances and the falsification of thirty companies and according to the register of companies in the Ministry of Commerce?' For his part, said the Chairman of the Security and Defense Committee in the Parliament Governor Zamili that 'Hamad al-Moussawi has many files in which corruption is clear', pointing out that 'there cover him from some quarters in the previous and current parliament as well as in the government'. And Hamd al-Moussawi is a person whose name is often referred to as corrupt files of buying and selling currency, and this character is transformed by fraud and by silence on its corruption to billionaire tug until he moves some of the political threads in a mutual relationship with Aradat who is always keen to protect him and clean up the left behind traces. "He bought a record of two dead from a cemetery in Baghdad from Devan to his conscience, and used the names of the dead on the currency purchase bills," the Integrity Commission said. Despite the clarity and knowledge of the banks suspected of the policy of managing and disposing of deposits of customers such as Huda Bank, but it is still in the auction, where it is ostensibly far but still exists. "Informed sources said that 'Hamad al-Musawi is briefed almost daily on the secrets of the Central Bank and its instructions,' explaining that 'some officials in the bank are leaking to the owner of the bank Huda Hamad al-Musawi'. The document from the Central Bank of Iraq Office of Reporting on Money Laundering Audit and Investigation Department Issue No: 2 dated 7/4/2015 to the Presidency of the Public Prosecution - Prosecutor's Office The Office noted through the analysis of data and information the existence of internal transfers from Rafidain Bank through the payment system to strengthen Bank of Al-Huda's balance to participate in the window of sale and purchase of foreign currency in the current account with the Central Bank of Iraq, where the transfers amounted to 1,543,212 trillion five hundred and forty-three billion and two hundred and twelve million dinars for the period from 2/2/2014 to 20/6/2014 with the offer that the volume of remittances Implemented for the period Gaze up to 1.8022 (one billion, eight hundred and two million) has been taking a number of measures and steps of the Anti - Money Laundering Law No. 93 of 2004 , OIOS was unable to obtain any clear explanation on the sources and the integrity of the money point converted. Moussaoui's history is well known to those close to him. He sold frozen chicken in Jamila, a respected and profitable profession, but he has become capable of owning $ 500 million in a few years through remittances. The talk about corruption in Iraq may be long, but talking about thief Hamad al-Musawi and what he did in the currency auction has no end. In Iraq, there is no voice over the voice of corruption, and there is no word more popular among Iraqis, International and local documents, to awaken Iraqis who are fed up with murder, displacement and poverty, the largest systematic corruption in history, and of course the simple citizen and no one else pays the bill in the end. link
    5 points
  7. Yep! Icing on the cake would be an article stating they have arrested & rounded up (executed..) Maliki and all his goons 😄
    5 points
  8. http://www.almaalomah.com/2017.....12/263455/ Oil jumps to its highest level since mid-2015 10:14 - 12/12/2017 Brent crude jumped 1.5 percent on Tuesday to its highest level since mid-2015 after the closure of the North Sea pipeline, which in turn halted large supplies from a market already scarce due to OPEC-led production cuts. Brent crude was $ 65.63 a barrel at 0556 GMT, up 94 cents, or 1.5 percent, from the previous close. This is the first time Brent has exceeded $ 65 since June 2015. Houston - We Have Lift Off !
    5 points
  9. Congrat, you are definitely blessed with Angels!
    5 points
  10. World Bank Director Abadi: We support the Iraqi economy and the reform process From 2017-12-12 at 19:07 (Baghdad time) Baghdad - Mawazine News World Bank Director Jim Young Kim on Tuesday assured Prime Minister Haider al-Abadi of the Iraqi economy and the reform process. A statement to the Prime Minister's Information Office, Mawazine News, a copy of it, that "Abadi met in the French capital Paris, World Bank Director Jim Young Kim." "The continued support of the World Bank for the Iraqi economy and the reform process led by the Iraqi government and the great success achieved in this area," Kim said. French President Emmanuel Macaron had met Haider Abadi at the Elysee Palace
    5 points
  11. Oh LGD I missed this am I am so happy for you and your growing family God bless you guys!!!!
    5 points
  12. 2017/12/12 (00:01 PM) - Number of readings: 401 - Number (4085) Parliamentary Finance: Budget deficit decreased to 13 trillion dinars after it was 27 trillion  Range / Nour Ali The Finance Committee announced a significant decline in the deficit of the budget of 2018 General, where it constituted 27 trillion dinars of the total size of 108 trillion dinars, to become today 13 trillion dinars, because of the recommendations of the International Monetary Fund, which put Iraq in the right way in the management of state funds And the pressure of government expenditures, she said, with the increase in oil prices than expected, while an economist believes that the reasons for the decline is the growing sources of financial revenues in the budget, in addition to the optimization of non-oil resources. It is worth mentioning that the financial stability in Iraq and the elimination of the budget deficit is not limited to reducing wasted spending, but also depends on increasing non-oil revenues even as oil prices are modest, and as long as the security situation continues to improve, Iraq has a good chance to attract Traders and investors much needed to meet reconstruction needs over the next two years. According to a member of the parliamentary finance committee, Ahmed Kanani said in an interview for (the extent) that the current deficit in the budget is estimated at "13 trillion after it was 27 trillion dinars, as there are no new deductions in the salaries of employees and retirees this year and keep them as they were before, Noting that the low proportion of the deficit in the budget of 2018, came because of the conditions of the International Monetary Fund, which put Iraq in the right way to manage state funds, not to mention the pressure of government expenditures, which is clear to all institutions and ministries to reduce the proportion of excess surpluses need, including reducing dividends, He added: On the other hand, The austerity measures taken by Prime Minister Haider al-Abadi led to convincing results. Kanani believes that if the budget was better checked by the Council of Ministers, as is currently the case in the House of Representatives, we may have now a surplus of up to 8 trillion dinars, saying by saying: The budget was built on the basis of the price of selling oil 46 But today the price of the barrel exceeded $ 63, so the budget had to be built on the basis of the sale price of $ 50 a barrel at a minimum, and here the difference has reached the limit of $ 4 per barrel, which will provide the budget of about 7 trillion. Kanani stressed: the need to have a real collection, whether in ports or border ports and electricity and other facilities that can provide the state treasury with huge funds, therefore, if we do this procedure, we will have a surplus in the budget for this year, on the other hand, the presence of Changes and transfers in some government institutions that do not need to spend large amounts and cancel or reduce, certainly will not suffer from any financial deficit for this year. The reasons for the decline in the deficit of the budget of 2018, is the difference between the estimated financial revenues and operational and investment expenses, in addition to maximizing non-oil resources, and the change in oil prices, as experts believe, at the time emphasizes expert on economic affairs, (Range) that the budget that the parliamentary Finance Committee, along with the so-called corrective budget, which shows the amount of deviation that occurs in the budget, especially in relation to the proportion of the deficit. The deficit for this year in the general budget is much lower than in the previous year. The reasons for this decrease are the difference between the revenues and operating and investment expenses and the growing sources of revenues in the budget. The budget for 2018 is different from last year's budget, "The difference between the price of oil approved by the budget on the basis of $ 43 per barrel, and the price of a barrel of oil at the moment, which reached $ 63 a barrel, This difference in prices has provided sucking New financial assets managed to reduce the deficit). The current deductions from salaries of employees and retirees have no legal basis and should therefore be eliminated in the 2018 budget, because these deductions were exclusively for military expenditures and public mobilization salaries, which means that the justifications on which these deductions were based Has disappeared completely and must also be canceled, but it seems to remain for other reasons as we heard from the World Bank, in accordance with the new additional conditions placed on Iraq. link
    5 points
  13. http://alforatnews.com/modules.....yid=155776 Jubouri: A great corruption in the office of Abbadi 2017/12/11 22:56 (Baghdad: al-Furat News) Head of the parliamentary bloc (competences), Haitham al-Jubouri, that "there is a great corruption inside the office of Prime Minister Haider Abadi." "The prime minister's office is not infallible from the corrupt and whoever threatens the corrupt is the corrupt itself," Jubouri said in a program episode boldly on the screen of Al-Furat satellite channel. He said. "There is a lot of corruption in some of the prime minister's tools and even within his office and he is now listening to the issues of control of the zero and border crossings. There are elements that claim to belong to the prime minister's office and are more corrupt than the rest of the staff in following up this file." The Prime Minister Haider Abadi, announced on 21 of last month his government's intention to wage war on the corrupt, "calling" activists and citizens to cooperate in their detection. " "We will deal with the corrupt as we deal with the oppressor and the robbers have two options, either to hand over the money they stole or lose, to be imprisoned and not to feel safe," Abbadi told a news conference.
    5 points
  14. Missed all the excitement. Congrats, there is no greater gift from God than a child.
    5 points
  15. I dunno, folks. Abandoning the US dollar currency did not bode well for other countries in the past. This may tip the scales to bring swift action against Iran. I suspect the corruption in Iraq was feeding US dollars to Iran at a significant rate. Looks like that US dollar revenue stream to Iran was a main one and has nearly or is about to dry up with the corruption being removed in Iraq that may have been feeding a significant amount of US dollars to Iran. This could be an indirect indication Iraq is about to move from the "closed economy" where the Central Bank of Iraq daily auctions US dollars for Iraqi Dinar to an "open economy" where the IQD transactions occur simultaneously and electronically eliminating the CBI daily auctions and corruption feeding US dollars to Iran. Hope so!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! YEEEEEEEEEEEAAAAAAAAAAAAAHHHHHHHHHHHHHH!!!!!!!!!!!!!!!!!!!!!!!! YEE HAW!!!!!!!!!!!!!!!!!!!! Go Moola Nova (YEAH, BABY!!!)!!!
    5 points
  16. The giant of corruption in Iraq, who conducted the largest robbery deals with suspicious personalities close to Abadi to rid him of accountability (know him) 12-12-2017 02:16 PM Readers Baghdad News - Continue Due to the auction of currency, the capital of Huda bank to his owner Hamad al-Musawi in six years to dozens of times since its establishment in 2007 with a capital of 25 billion dinars, because of the auction of currency in the Central Bank of Iraq. Hamad al-Moussawi, the giant corrupt in Iraq, who carried out the largest theft of the history of Iraq, which amounted to about six and a half billion dollars, which turned it to his account outside Iraq. According to official documents that were disclosed, Hamad al-Musawi bought the dollar from the Central Bank with forged documents and turned it to a company that owns and acts fully. A source close to al-Moussawi said that "the latter and some owners of private banks suspicious, in the case of warning and high readiness, and some began trying to make deals with figures close to Prime Minister Haider Abadi, as some relied on his relationship with the Governor of the Central Bank Ali Alalak, Pointing out that they 'believe that this will save them from the fight against corruption carried out by Abadi'. The source asked, 'Does Abadi issue an international arrest warrant and bring the fugitive Hamad al-Musawi and his clans because of the billions of dollars in remittances and the falsification of thirty companies and according to the book registered companies in the Ministry of Commerce. For his part, said the Chairman of the Security and Defense Committee in the Parliament Governor Zamili that 'Hamad al-Moussawi has many files in which corruption is clear', pointing out that 'there cover him from some quarters in the previous and current parliament as well as in the government'. And Hamd al-Moussawi is a person whose name is often referred to as corrupt files of buying and selling currency, and this character is transformed by fraud and by silence on its corruption to billionaire tug until he moves some of the political threads in a mutual relationship with Aradat who is always keen to protect him and clean up the left behind traces. "He bought a record of two dead from a cemetery in Baghdad from Devan to his conscience, and used the names of the dead on the currency purchase bills," the Integrity Commission said. Despite the clarity and knowledge of the banks suspected of the policy of managing and disposing of deposits of customers such as Huda Bank, but it is still in the auction, where it is ostensibly far but still exists. "Informed sources said that 'Hamad al-Musawi is briefed almost daily on the secrets of the Central Bank and its instructions,' explaining that 'some officials in the bank are leaking to the owner of the bank Huda Hamad al-Musawi'. The document from the Central Bank of Iraq Office of Reporting on Money Laundering Audit and Investigation Department Issue No: 2 dated 7/4/2015 to the Presidency of the Public Prosecution - Prosecutor's Office The Office noted through the analysis of data and information the existence of internal transfers from Rafidain Bank through the payment system to strengthen Bank of Al-Huda's balance to participate in the window of sale and purchase of foreign currency in the current account with the Central Bank of Iraq, where the transfers amounted to 1,543,212 trillion five hundred and forty-three billion and two hundred and twelve million dinars for the period from 2/2/2014 to 20/6/2014 with the offer that the volume of remittances Implemented for the period Gaze up to 1.8022 (one billion, eight hundred and two million) has been taking a number of measures and steps of the Anti-Money Laundering Law No. 93 of 2004, OIOS was unable to obtain any clear explanation on the sources and the integrity of the money point converted. Moussaoui's history is well known to those close to him. He sold frozen chicken in Jamila, a respected and profitable profession, but he has become capable of owning $ 500 million in a few years through remittances. The talk about corruption in Iraq may be long, but talking about thief Hamad al-Musawi and what he did in the currency auction has no end. In Iraq, there is no voice over the voice of corruption, and there is no word more popular among Iraqis, International and local documents, to awaken Iraqis who are fed up with murder, displacement and poverty, the largest systematic corruption in history, and of course the simple citizen and no one else pays the bill in the end.
    5 points
  17. 12-11-2017 Newshound Guru mike Article: "The document: a political entity address the Prime Minister officially .. and demanding the dismissal of the Governor of the Central Bank" My mind drifts back to Dr. Shabibi, now there was a guy who didn't take orders from the GOI and did what was best for Iraq's monetary policy. He was independent and educated in oil based economies. Keywords is none of those things and so far, we're stuck in a rut. I have no confidence in this guy anymore and if he can't get it done, I'd rather start with a new Governor than sit, wait and hope that Keywords will finally move the ball past the goal line. I just don't think he'll do it.
    5 points
  18. Well we just got home from the Hospital and everyone is doing fine, though all of us are exhausted, mommy the most. I wish to thank everyone for their prayers and support. l started this thread for two reasons, first- I think of you all here as literally part of my family and second I knew that most people here are people who pray. What I have never said to anyone before is that my wife is what is considered a, "high risk", pregnancy. When Lady Grace was born she hemorrhaged so profusely that she almost died. I can not tell you all how scared I was during the last few months, but with God's help I managed to even keep my fear from Mommy. And you can bet that for the last 9 months I have been begging God to keep his hand upon us all and to protect my wife and Lady Sarah. But in the end while we were settling in at the Hospital I felt the Lord tell me to make the original post that I did because God new that you all would pray. And it is for all your prayers that I am most thankful for tonight. Mommy did hemorrhage again this time but due to your prayers and the preparedness of the staff it was nothing like the last time and as you can see we got to go home after just a day and a half. You all, everyone of you, have been one of the greatest blessings in my life. I've learned so much and have grown so much because of knowing all of you. And tonight I know that it was because of your prayers that my family is home safely. God Bless You All. With all our love we place each and everyone of you on Santa's Good list.
    5 points
  19. Luigi says... Abadi & Saleh talk about Iraq's return to the int'l stage & regain the IQD to it's former glory. Take this as a rumor. Not varified. Your opine. 12-12-2017 Newshound/Intel Guru Mnt Goat Article quote: “We can say that IRAQ’S SOVEREIGNTY HAS BEEN FULLY REALIZED and that IRAQ HAS A REAL OPPORTUNITY TO ADVANCE AND REGAIN ITS STATUS AFTER IT HAS RETURNED ITS CONFIDENCE TO THE INTERNATIONAL COMMUNITY,” Okay folks if this...statement ...does not rock you, I don’t know what will. These are almost the exact words used in a past statement made by the PM Abadi and Saleh when they said they wanted Iraq to return to the international stage and regain their former glory of their currency. ...Folks this is WOW! news.
    4 points
  20. CNN. Broadcasting While Preparing To Overwhelm The World ! What’s the latest in cryptocurrency? (Part II) Published December 8, 2017, 10:00 PM By Nelly Favis-Villafuerte In my article last week (Part I), I mentioned that “the latest cryptocurrency soon to overwhelm the world is the New Digital Dinars originating in the Moslem countries. An Internet report reveals that on January 24, 2018, the global network for processing Digital Dinar transactions goes online – although, the initial coin offering of digital dinars was held last May on the first day of Ramadan. The difference between the new Digital Dinars and the other major crypto-money in the market today is the fact that Digital Dinars are 100% backed by real, in-the-bank gold bullion.” Actually, this is not the first time that gold dinar was launched in Muslim countries. Gold dinars had been existing for over a thousand years ago. But the early gold dinars were not 100% digital. Nor were they encrypted by an uncrackable algorithm. Nor were they limitless in terms of exchange or portability. Some years ago, there were dictators in Muslim countries who created their own gold dinar. To name two (2): remember dictator Saddam Hussein who created his own gold dinar ahead of the Iraqi invasion of Kuwait. At that time the gold dinar of Saddam Hussein traded 3-to-1 over the dollar. But after the invasion, the Hussein dinars collapsed… trading 3000 to 1. Another dictator Muammar Gaddafi in Libya, also pushed his own version of gold-backed dinar in 2009. Gaddafi attempted to have Africa to adopt his gold-backed dinars. He was assassinated instead. Other Islamic countries tried also to introduce their own version of gold dinar (like Indonesia in 2000, Malaysia in 2006). ISIS tried to issue its own physical gold dinar in 2015. Still there were other versions of gold dinars that came and went in Islamic communities in UK, Pakistan, South Africa and even in the US growing Islamic community but did not last. Today, the performance of this new digital dinar is still being watched. One may ask: Is the digital dinar being introduced by Muslim countries a threat to the supremacy of the US dollar? All the cryptocurrencies including digital dinars are a threat (insignificant it may seem at the start) to all kinds of physical money including the US dollar. Considering too, that eight (8) of the fourteen (14) countries in OPEC (Organization of the Petroleum Exporting Countries, the organization that dictates the oil prices for the world) are Muslims. There is always that looming threat that OPEC leaders may be tempted to replace the US dollar in pricing the oil (referred to as petro-dollar) with the more modern, gold-back, digital alternatives. One may ask: how the so-called petro-dollar came about? It will be recalled that sometime in 1873, when oil prices were skyrocketing, US (under the late President Richard Nixon’s administration) negotiated with Saudi Arabia on the purchase of oil. As a result, Henry Kissinger, the US Secretary of State forged an agreement with Saudi Arabia requiring that in return for the military protection and weapons to be provided by US, Saudi Arabia would sell oil to US and thereafter all future sales in oil to US would be denominated in US dollar. The other OPEC countries (Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, the United Arab Emirates and Venezuela) agreed then to the same arrangement. Meaning, that the oil will be priced in US dollar. In short, every oil export around the world (considering the US dominance as a global oil importer then) followed the practice of pricing oil in US dollar. However, today China is now the world’s largest importer of oil. This is how the term petro dollar came about. The main competitive advantage of the new digital dinar is that it is backed by gold which none of the world’s most tracked currencies can claim or can boost. Not even bitcoin which is the leading cryptocurrency (which existed only in 2009) is backed by gold. Today, bitcoin registers over 350,000 digital free transactions per day. Incidentally, the US dollar was backed up by gold before 1971. But since 1971, the entire US monetary system has been based only on trust. It will be recalled that before 1914, the global monetary system was based on the gold standard. Including the US dollar which was then backed 100% by gold. By 1914, the global monetary system changed into a Gold Exchange Standard in which the US dollar was only partially backed by gold. In 1945, a new Monetary system known as Bretton Woods came about. Under this system, world leaders agreed to have the US dollar as the global reserve currency and linked it to gold at the rate of US$35 per ounce. Later in 1971, however, then President Nixon put an end to the direct convertibility of the US dollar to gold. As a result, the US dollar had no more backing in gold – and consequently the US dollar being a fiat currency depends solely on trust. The fiat status/system of the US dollar is already over forty (40) years old. So far no “crisis of trust” has yet happened. (To be continued) link
    4 points
  21. Exactly but who knows maybe those files abadi is to hand over on corrupt officials
    4 points
  22. In my article last week (Part I), I mentioned that “the latest cryptocurrency soon to overwhelm the world is the New Digital Dinars originating in the Moslem countries. An Internet report reveals that on January 24, 2018, the global network for processing Digital Dinar transactions goes online – although, the initial coin offering of digital dinars was held last May on the first day of Ramadan. The difference between the new Digital Dinars and the other major crypto-money in the market today is the fact that Digital Dinars are 100% backed by real, in-the-bank gold bullion.”
    4 points
  23. 12-12-2017 Newshound Guru Kaperoni Article: "morning: we were able to stop the waste and recover large sums of money" Sounds like some progress is being made weeding out overspending, wasted funds, etc. It's a start and hopefully enough to keep reforms moving forward.
    4 points
  24. ladyGrace'sDaddy Senior Member A Wacky Truck Driver In A Red Suit And White Beard Prepares To Get Stuck Every Year In The DV Chimney After Hitting The Eggnog !
    4 points
  25. Luigi says...We just may be at the end of this ride... 12-12-2017 Newshound/Intel Guru Mnt Goat Article quote: “We can say that IRAQ’S SOVEREIGNTY HAS BEEN FULLY REALIZED and that IRAQ HAS A REAL OPPORTUNITY TO ADVANCE AND REGAIN ITS STATUS AFTER IT HAS RETURNED ITS CONFIDENCE TO THE INTERNATIONAL COMMUNITY,” Okay folks if this...statement ...does not rock you, I don’t know what will. These are almost the exact words used in a past statement made by the PM Abadi and Saleh when they said they wanted Iraq to return to the international stage and regain their former glory of their currency. ...Folks this is WOW! news.
    4 points
  26. Best guess - It would appear to be the case - however - this is Iraq, no telling what these monkeys are up to. Just when you think you got them pegged, it slips thru your hands like a greased pig.
    4 points
  27. Glad to hear you made it on the train.... As far as the Mark of the Beast stuff..... It is been highly anticipated and highly debated by good Christians in about every one of the 31,000 versions of Christianity!!! At the end of the day no one knows.... what it actually means... Just make money while you can and if your faith is in Christ, He will show you when it's the Mark of the Beast and if you need to avoid it. My background is 20 years of Ministry... I've recently quit do to many years of inner turmoil because I was tormented by all of the contradictions in Christianity. I'm not saying the fundamentals aren't true, but I got very disenchanted with these conversations..... Needless to say the last few years for me not being in Ministry have been the best 3 years of my last 20! My income has tripled and my brain is a lot more at peace! I feel that many Christians are going to be decimated holding on to precious metals and cash thinking that they are holding out, only to find out that the Lord's return Isn't for another 10-20 years or so..... Trust me, I was one of them until I've had my epiphany... that the train was leaving the station and I was either gonna be on it or left behind. I don't mean to sound like a "Know It All" but Ive studied and prayed and wrestled with these ideas for a long time..... I hope it's encouraging not discouraging. (Please take it in the Spirit it's written in) P.S. The beauty of Crypto is that its decentralized and against Tyranny..... There is a big divide between the (ripple, USDT coins and the Electroneums Litecoins etc) Those are centralized, just have to be wise as a serpent
    4 points
  28. I will wait till January 24th 2018 to see what happens.! Go dinar Go new monetary policy Go RV Go $1:1
    4 points
  29. The document: a political entity address the Prime Minister officially .. and demanding the dismissal of the Governor of the Central Bank In an official letter addressed to the prime minister, the Iraqi National Unity Party (NDP) called for the dismissal of the governor of the Central Bank, Ali Al-Alaq, and the appointment of the most suitable person to manage the bank. According to the book, which the party addressed to the Prime Minister and read by "Sky Press", the request came based on the international study that was issued recently and placed the governor of the Central Bank of Iraq in the last rank as a central bank manager in the Middle East due to poor management of government and private banks and causing the loss of dozens Billions of cash reserves for Iraq. The book pointed to a number of corruption files raised on the relations during the period of its administration to the Central Bank, most notably "currency auction" and all raised on these operations of suspicions, as well as the decline in the value of the Iraqi cash reserve to half a half during the past three years, in addition to failing in the management of banks And its transactions. The party called on the Prime Minister to include this decision within the reform measures promised by the people. An international study conducted by a center of financial studies sparked a major uproar in the Iraqi street after Kassua was classified as the head of a central bank in the Middle East and Africa. http://www.skypressiq.net/2017.....8%B2%D9%8A
    4 points
  30. With recent events, let's not miss the opportunity, okay ?
    4 points
  31. " regained sovereignty " - partially perhaps - a recognized currency would go a long way to completing that picture. The cart before the horse, again.
    4 points
  32. The topic came up during a drive through the country. Some friends and I utilized Craigslist to pay for a 1000-mile rideshare, and during the drive I had ample time to proselytize to our new driver friend about digital currency. After hearing my synopsis, he said, “So ... is Bitcoin kind of like the mark of the beast?” “What's that?” I asked. He explained his take on the Book of Revelation passage — that his prophets of old were warned that the highest tyranny would come to the earth in a form of biometrically-enforced and perfectly traceable money. What with Elliptic's recent privacy-smashing “blockchain map” and the fact that a man has already had a Bitcoin wallet implanted in his hand, one can see that my driver friend made an excellent point: if the Bitcoin maximalists get their way, and the whole world uses Bitcoin in its current form, the “compliant” masses could seriously usher in the “mark of the beast.” Here’s how: 1. Bitcoin would be the perfect currency to be declared the only “legal tender.” States have failed miserably at producing and maintaining stable currencies. They just can't resist dipping their hands into the piggy bank. Look no further than Greece for a perfect example. But digital currency provides a way for states to save themselves from themselves. A currency with a non-manipulatable inflation rate is a brilliant way for monopolists to present a viable, long-term monopoly currency. “Legal tender” laws have been used for 100 years to successfully corral people into using a monopoly currency. If the masses who've been obedient continue to be obedient, who's to say “legal tender” wouldn't be enforced with one digital currency as well? Just look at what's happening in Ecuador -- the state says all banks must accept a new state-run cryptocurreny. . . or else. 2. Each person's Bitcoin addresses would be tied to identity. If Bitcoin were to be declared the new “legal tender” — which may become a more popular idea as more fiat currencies begin to fail around the world — the politically obedient would be all too easy to convince that identities must be tied to payments. The usual “terrorism-financial-stability-national-security-the-children” would be used as selling points. Coinbase would probably be the biggest cheerleader. In an ironic twist of fate, Bitcoin would become the new fiat. Then every person's expenditures could be checked for “compliance” right from the blockchain. Addresses of “criminals” could be blacklisted and mandatory offerings (taxes) could be verified for all transactions. Your entire economic life could be tracked, verified, measured and controlled, all via the blockchain. 3. Because the blockchain is transparent, it would be extremely easy to condemn those who don't comply. Failing to include your tax payment on every transaction, or doing any business with “economically sanctioned” individuals, would land you directly on the “Trade Sanction” list. Anyone found by the Bitcoin blockchain to trade with you henceforth would be imprisoned or worse. You may eventually starve, not for lack of food, but for lack of people willing to sell some to you. Or as Revelations would say, “No man might buy or sell.” The relative IP address of where transactions are made is broadcast by the blockchain, so this makes for an excellent geo-tracking scheme when everyone's identites are tied to their Bitcoin address. Or as Revelations would say, “The number of his name.” When Bitcoin becomes the new fiat, you can run, but you can't hide. Bitcoin-related projects like DarkWallet have known these risks for a while. Mixing services like BitMixer have served to mitigate the problem, too. Even the Sidechains Elements project proposes a half-measure solution that would mask exact amounts transferred on the Bitcoin blockchain, but not the sending and receiving addresses. Such solutions are a step in the right direction, but don't really solve the inherent problem. If “mark of the beast” fears are to be avoided in the future, it will be thanks to a market in currency — you know, the thing that Bitcoin maximalists hate. In the new film Ulterior States, Andreas Antonopoulos states that he predicts there will be tens of thousands — potentially even millions — of digital currencies created and used in the future. Bitcoin offshoots like Dash have already taken the privacy issue into their own hands, building anonymity — not just pseudonymity — right into their protocol and masternode network. The proposals in this article may sound far-fetched, but 200 years ago, today's monopoly currencies sounded pretty far-fetched, too. Many new things sound far-fetched before they materialize. Only by envisioning potential futures can one actively work to prevent them. Watch the movie with Justin Timberlake called “In Time” : creepy take on this idea with biometric currency.... allthough you pay in time and when your time runs out you are Eliminated..... Guess what year that was supposed to happen on the cover!? ding ding ding you guessed it! 2018!!!!!! Not to be all conspiracy theorist but..... Daayyummm!!
    4 points
  33. Congratulations on your new addition! She is beautiful! Perhaps you now need to change your name to LGSD!!! Blessings to all of you! WH
    4 points
  34. The seven judges whose appointments have been approved 12-12-2017 03:08 PM Readers Baghdad News - President Fuad Masoum on Tuesday approved the appointment of the heads of seven appeals courts. "The President of the Republic Fuad Masoum Sadiq, today, the appointment of the heads of the courts of appeal Rusafa, Karkh, Najaf, Muthana, Kirkuk, Wasit and Maysan," the office of Masoum said in a statement received by Baghdad News. "The judges are Majid Hussein Musa al-Araji, the resumption of Baghdad Rusafa, Khalid Taha Ahmad Mashhadani, the resumption of Baghdad Karkh, and the Muslim tired of Najari, the resumption of Najaf, and the student Hassan Harbi Kim resume Muthanna, Abdul Karim Khader Aziz Mafraji, the resumption of Kirkuk, Gharibawi and Wasit, as well as Judge Rahim Numan Hashim Hermoush, appealed to Missan '. The statement said that 'this decree was sent for publication in the Official Gazette'.
    4 points
  35. 2018/12/12 (00:01 PM) - Number of readings: 488 - Number (4085) Parliamentary Finance: Budget deficit decreased to 13 trillion dinars after it was 27 trillion  Range / Nour Ali The Finance Committee announced a significant decline in the deficit of the budget of 2018 General, where it constituted 27 trillion dinars of the total size of 108 trillion dinars, to become today 13 trillion dinars, because of the recommendations of the International Monetary Fund, which put Iraq in the right way in the management of state funds And the pressure of government expenditures, she said, with the increase in oil prices than expected, while an economist believes that the reasons for the decline is the growing sources of financial revenues in the budget, in addition to the optimization of non-oil resources. It is worth mentioning that the financial stability in Iraq and the elimination of the budget deficit is not limited to reducing spending wasted, but also depends on increasing non-oil revenues even as oil prices are modest, and as long as the security situation continues to improve, Iraq has a good chance to attract Traders and investors much needed to meet reconstruction needs over the next two years. According to a member of the parliamentary finance committee, Ahmed Kanani said in an interview for (the extent) that the current deficit in the budget is estimated at "13 trillion after it was 27 trillion dinars, as there are no new deductions in the salaries of employees and retirees this year and keep them as they were before, Noting that the low proportion of the deficit in the budget of 2018, came because of the conditions of the International Monetary Fund, which put Iraq in the right way to manage state funds, not to mention the pressure of government expenditures, which is clear to all institutions and ministries to reduce the proportion of excess surpluses need, including reducing dividends, He added: On the other hand, The austerity measures taken by Prime Minister Haider al-Abadi led to convincing results. Kanani believes that if the budget was better checked by the Council of Ministers, as is currently the case in the House of Representatives, we may have now a surplus of up to 8 trillion dinars, saying by saying: The budget was built on the basis of the price of selling oil 46 But today the price of the barrel exceeded $ 63, so the budget had to be built on the basis of the sale price of $ 50 a barrel at a minimum, and here the difference has reached the limit of $ 4 per barrel, which will provide the budget of about 7 trillion. Kanani stressed: the need to have a real collection, whether in ports or border ports and electricity and other facilities that can provide the state treasury with huge funds, therefore, if we do this procedure, we will have a surplus in the budget for this year, on the other hand, the presence of Changes and transfers in some government institutions that do not need to spend large amounts and cancel or reduce, certainly will not suffer from any financial deficit for this year. The reasons for the decline in the deficit of the budget of 2018, is the difference between the estimated financial revenues and operational and investment expenses, in addition to maximizing non-oil resources, and the change in oil prices, as experts believe, at the time emphasizes expert on economic affairs, (Range) that the budget that the parliamentary Finance Committee, along with the so-called corrective budget, which shows the amount of deviation that occurs in the budget, especially in relation to the proportion of the deficit. The deficit for this year in the general budget is much lower than in the previous year. The reasons for this decrease are the difference between the revenues and operating and investment expenses and the growing sources of revenues in the budget. The budget for 2018 is different from last year's budget, "The difference between the price of oil approved by the budget on the basis of $ 43 per barrel, and the price of a barrel of oil at the moment, which reached $ 63 a barrel, This difference in prices has provided sucking New financial assets managed to reduce the deficit). The current deductions from salaries of employees and retirees have no legal basis and should therefore be eliminated in the 2018 budget, because these deductions were exclusively for military expenditures and public mobilization salaries, which means that the justifications on which these deductions were based Has disappeared completely and must also be canceled, but it seems to remain for other reasons as we heard from the World Bank, in accordance with the new additional conditions placed on Iraq.
    4 points
  36. 2018/12/12 (00:01 PM) - Number of readings: 688 - Number (4085) Nujaifi and Allawi call for an end to tension between Baghdad and Erbil  Baghdad / Range Vice President Osama Najafi called on the government parties in Baghdad to launch a "frank and comprehensive dialogue" with Erbil on controversial issues between the two sides. During his meeting with Turkish Ambassador to Iraq Fateh Yildiz, Nujaifi stressed that the elections must be preceded by "the return of the displaced to their liberated areas", calling on Ankara to provide support and support in that matter. "The survival of the crisis is not in the interest of Iraq, which looks forward to the future after the historic victory on the organization of a preacher," Nujaifi said, adding that "the referendum of the region was a wrong step, and the Federal Court decided the matter." On the upcoming elections, the Vice-President reiterated that " This came during a meeting with Allawi and British Defense Secretary Gavin Williamson on the sidelines of the summit of the Manama Dialogue Conference. He called on allawi, "according to a statement by his office," to end tension with Kurdistan and the President of the region and invest the victory of Iraq on the duel, which achieved the sacrifices of Iraqi fighters and the Iraqi people and the support of the international community, to remove all the decades and tensions and work to establish a state of citizenship fair and the abolition of discrimination and marginalization and political ablation and quotas that have caused harm to Iraq. " hosted by the Bahraini capital Manama, Forum activities 13th Manama dialogue in 2017, which lasted three days ago to conclude its work on Sunday.
    4 points
  37. Hakim discusses with Kubic the stage of Iraq's exit from the seventh item of the United Nations Iraq News Now 13:28 Last updated The time now is 09:59 PM 143 Watch BAGHDAD / The head of the "wisdom" movement, Ammar al-Hakim, during his meeting with the representative of the Secretary-General of the United Nations in Baghdad, Jan Kubic, on Tuesday, the stage of Iraq's exit from the seventh item of the United Nations. Al-Hakim's press office received a copy of the news that the latter received at his office in Baghdad the representative of the UN Secretary-General in Baghdad, Jan Kubic, and discussed with him the developments of the security, military and political situation in Iraq and the victories achieved on the supporter of the terrorist and the exit of Iraq from Seventh item of the United Nations. " He added that "all victories would not have been without the sacrifices made by the Iraqis at all levels," noting that "Iraq regained its sovereignty and dignity and dignity and restore social cohesion among its members." He pointed out that "dialogue can solve the problems between all Iraqi parties provided that it is under the roof of the Constitution and the law." As for the upcoming elections, al-Hakim stressed that "they are held on schedule", the elections returned "the most important credibility of the democratic practice." He called on the United Nations and the international community to "support Iraq in the reconstruction of the liberated areas and the areas of the liberated editors".
    4 points
  38. Iraq is working to recover its frozen funds abroad Appearance of Mohammed Saleh Economy News Baghdad: The Iraqi government said on Tuesday it was working to recover funds frozen in countries because of the policies of the former regime. The Security Council decided, on December 8, to lift Iraq from the seventh item, which makes freedom of Iraqi companies in the contracting countries. The financial adviser to the Prime Minister, the appearance of Mohammed Saleh, in an interview with "Economy News", "There is a fund to recover funds in the Ministry of Finance deals with the money of the former regime." He added that "there is high coordination in this regard with the money-recovery team in the Council of Ministers, which includes in its membership ministries and departments and all parties involved and coordinate recovery operations." Views 451 Date Added 12/12/2017
    4 points
  39. CNN. Broadcasting While Trying To Issue The CBI Governor A Pink Slip - Of Course He’s Already Been Issued A See Thru Burqa Negligee By Maliki ! The document: a political entity address the Prime Minister officially .. and demanding the dismissal of the Governor of the Central Bank 12/9/2017 In an official letter addressed to the prime minister, the Iraqi National Unity Party (NDP) called for the dismissal of the governor of the Central Bank, Ali Al-Alaq, and the appointment of the most suitable person to manage the bank. According to the book, which the party addressed to the Prime Minister and read by "Sky Press", the request came based on the international study that was issued recently and placed the governor of the Central Bank of Iraq in the last rank as a central bank manager in the Middle East due to poor management of government and private banks and causing the loss of dozens Billions of cash reserves for Iraq. The book pointed to a number of corruption files raised on the relations during the period of its administration to the Central Bank, most notably "currency auction" and all raised on these operations of suspicions, as well as the decline in the value of the Iraqi cash reserve to half a half during the past three years, in addition to failing in the management of banks And its transactions. The party called on the Prime Minister to include this decision within the reform measures promised by the people. An international study conducted by a center of financial studies sparked a major uproar in the Iraqi street after Kassua was classified as the head of a central bank in the Middle East and Africa.LINK
    4 points
  40. At This Point In This Super Lame Investment I’d Just Declare The Loss ! However, With Respect To Crypto If Anything Catastrophic Would Ever Happen To The Dollar - Then I’m All In Against The Deep State ! And I Can Promise U That They Won’t Want To See Me And An Angry Mob Of DV Peeps When I’m Thugly !
    4 points
  41. Iraq trusts the world economically 12/12/2017 12:00 AM By its implementation of the provisions of Chapter VII Baghdad / Hussein Thugb The security victories are paralleled by a major economic victory: the entry into force of the provisions of Chapter VII, which has tied Iraq and its relations with the world for a long time. Iraq has been removed from the world for decades. The economic expert in the name of Jamil Antoine stressed that "Iraq has become international confidence and freedom in financial transactions after the entry into force of the provisions of the seventh item in full, as all restrictions were lifted and the amounts were freed and became Iraqi banks free to deal and open documentary credits without intermediary" . Obligations The Security Council passed its Resolution No. 2390 stating that Iraq is out of Chapter VII with its completion and all commitments related to oil for food and medicine. The Council unanimously adopted the draft resolution contained in document S 10132017, prepared by the United States in consultation with Iraq and the Member States. 2017). It is recommended to welcome the implementation of the arrangements between Iraq and the United Nations in accordance with resolution (1958) 2010 and to confirm the transfer of the remaining funds to the Government of Iraq under resolution 2335 (2016). The Council concludes that the parties (Iraq and the United Nations) The measures imposed in accordance with the provisions of Chapter Seventh under the above resolutions relating to the oil - for - food and medicine. Spending operations "This decision gives the foreign and Iraqi investors free access to remittances, which in turn contributes to the revival of investment, pointing out that we are engaged in a large-scale reconstruction campaign involving large spending operations, and we must have a banking system that harmonizes and the volume of spending." And demanded that the role of banks to become an investment and be dependent on the auction of currency secondary, especially that the international banks provide more than 120 services, and this requires us to get our products to large numbers fit the reality of the investor and that the central role of the pioneer in this process. Trustful "Iraq is now the focus of the outside world's confidence after the full implementation of the provisions of Chapter VII, and we must be as much as this responsibility, especially as Iraq is no longer a traditional country, but described as rich in natural and human resources, and so it takes "The Iraqi banking system has successful experiences and has the expertise to qualifyfor the advancement of the banking sector and make it offers advanced products, especially that we have banks managed to achieve a boom in their products, where they rely on banking tools and Products in the coverage of all its requirements and performance costs. " Central Directive Between Haider Kazem al-Baghdadi that "the large number of banking system would create a positive competition in performance leading to the development of products and bring advanced systems facilitate all banking operations, and the ability to compete with branches of the largest banks in the world, and here must be adhered to the directives of the Central Bank of Iraq urges To adopt the new developments with the global financial sector . " He pointed out that "the Iraqi banking system, which is the axis of economic activity in front of him the task of proving the existence, by providing the required services according to advanced systems, especially after the trend to the global banking sector more free and broke restrictions that restrict the movement of our banks previously, which makes us work on Creating a sophisticated banking sector ".
    4 points
  42. I for one don't see how this can ever even be considered. I would Assume one needs to be Of Reasonably Sound Mind to enter the Military or any other such Profession. I am sorry to break this to more than a few but if a Male part or a Female part ya just can't be Mentally sound when you wake up one day and decide you are of the other sex......Bruce Jenner is guess what....Still a guy, just one that looks like a girl. Karsten
    4 points


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