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Found 6 results

  1. Luigi found this article of Dinarian interests. It appears Iran is gaining more influence in Iraq. There are calls for delays in economic reforms. CBI announces record foreign reserves as the people starve. Treat as rumors. Not verified. Your opine. MarkZ: People are saying it will be another year. MZ: I am not a bit worried it will be another year. At least for Iraq in general. They are facing a political implosion and are allowed to go before the reset. If the GCR delays again for any reason, look for Iraq to go solo. That’s my opinion and a lot of people agree with me from inside of Iraq. TNT: On TNT call...Iran & Miliki gain a foothold in some key Government positions. There are calls to delay economic reform for another year & possibly a new election. Sadr won fair. He calls for the formation of government & an end to the blockages. Iran's influence & grip on Iraq has been gaining strength.
  2. Luigi found these articles of Dinarian interests... Will deteriorating security conditions delay the RV/RI? Pro Iran proxies & ISIS blamed. Treat as rumors. Not verified. Your opine. TNT: Tishwash: A Katyusha rocket fell inside the Iraqi North Gas Company Iraqi security sources reported today, Tuesday, that a Katyusha missile fell on the North Gas Company, west of the city of Kirkuk, 250 km north of Baghdad. The sources said that the missile landed in an empty yard inside the North Gas Company complex in Kirkuk governorate, without causing any injuries or material losses. In the past weeks, separate areas in Iraq witnessed the largest sabotage attacks carried out by groups affiliated with ISIS and other saboteurs, affecting facilities for the production and transmission of electrical energy in Iraq, which negatively affected the levels of equipping homes with electrical energy. IRAQ News: Nearly 70 Power Transmittion Towers Had Been Sabotages Officials Reveal. Shafaq News/ The heaf of the Northern Electricity transmission General Company, Zaidan Khalaf, revealed that nearly 70 power transmission towers had collapsed due to acts of sabotage. Khalaf stressed in a press conference the need for citizens to help protecting the towers, since the security forces cannot monitor all the lines due to their extension in vast areas that are difficult to control. Nearly 70 power transmission towers had been sabotaged, official reveals Nearly 70 power transmission towers had been sabotaged, official reveals Nearly 70 power transmission towers had been sabotaged, official revealsNearly 70 power transmission towers had been sabotaged, official reveals
  3. Luigi says... The hopes of a early January 2020 RV/RI are slowly diminishing. Iraq GOI kicks the can down the road, again. It's been 15 years, now. Iran is still interfering in PM nomination, floods Iraq with counterfeit IQD. Budget & nomination of a PM delays may threaten early RV/RI aspirations. Treat as rumors. Not varafied. Your opine. 12/26/2019 KTFA: Samson: Parliamentary Finance: The budget deficit DELAYED its arrival in Parliament The Parliamentary Finance Committee confirmed on Thursday that the deficit in the public budget was the last time it reached Parliament The head of the committee, Haitham al-Jubouri, said, "The general budget for the next year is still with the government and it has not been sent to parliament because of the financial deficit," according to the official news agency, Waa He revealed, "The budget deficit reached 25 trillion dinars 12/26/19 TNT: BAGHDAD (Reuters) - Iraqi President Barham Salih refused on Thursday to designate the nominee of an Iran-backed parliamentary bloc for prime minister, saying he would rather resign than appoint someone to the position who would be rejected by protesters. The Bina bloc, led by Iran-backed militia leader Hadi al-Amiri, had nominated Basra Governor Asaad al-Edani to be the next prime minister. But Salih said in a statement that appointing Edani would not placate protesters demanding an independent prime minister with no party affiliation or help calm the unrest that has rocked the country.
  4. Luigi says... Don't stay up past midnight waiting for he speech & RV. Yet another delay. Speech postponed. Not verified. Your opine. 12-8-2017 *** Rumors from around the web*** Intel AND Newshound Gurus are now reporting a liberation celebration and/or announcement is expected to take place on Saturday in Iraq...that's tomorrow. PM Abadi appears to have delayed this official announcement until desert regions and all borders were secure (and perhaps some other loose ends). If this actually takes place as intel and news reports indicate, it is a HUGE step and victory for Iraq in more ways than one...stay tuned as the gurus uncover what impact this will have on the exchange rate of the dinar.... [The latest guru updates will continue below...]
  5. BUDGET DELAYS HITS KRG BANKS. March 28, 2014 in Iraq Banking & Finance News By John Lee. The delay in adopting Iraq’s federal budget, in large part due to the dispute between Baghdad and the Kurdish Regional Government over oil exports and revenues, has reduced banking activity in the KRG by up to 25%, according to Adham Karim Darwesh. Darwesh, the manager of the Erbil branch of the Central Bank […]
  6. Luigi found theses articles that may suggest more setbacks & delays... Iraq does not appear to be ready by IMF standards. Gurus talk of no RV, a float, non compliance of Article 8, more lMF loans, no confidence in GOI & re-start of auctions. Don't expect any monetary reform any time soon. Sorry for the bad news. Go RV in coming days, weeks or months. 3-30-2016 Newshound Guru Kaperoni It would be nice to see some change in monetary policy soon, but the reality is all the signs are against it. The CBI's auctions spread has drifted way out of whack and is now over 6%. That is itself is a violation of compliance with Article VIII, so they would not be approved for the transition. Throw in lack of laws, the dinar that sits in homes/pillows, etc. and the current stability issues with the ongoing war, and I think we can say pretty accurately that we are months out at best. Maybe even longer. Sorry to bring bad news, but I do not see them ready yet. We should get a better handle on progress in a few weeks once the IMF SBA with Iraq is published. 3-29-2016 Newshound Guru Kaperoni "Iraq paper from a class of 50 thousand dinars to support trade" It sounds to me that we have a confirmation of a float of the dinar. The way I read this is that they decided against the "delete zeros" which some have always believed was a LOP, and decided in favor of allowing the dinar to rise against foreign currencies via float (a basket is a variation of a float) to achieve the results. ...they must exit the peg in order to float. We long have believed that at some point, the CBI would exit the peg (via orderly or disoderly) and float the dinar...All we can do is let the process play out and watch. 3-29-2016 Intel/Newshound Guru Poppy3 I AM EXCITED THAT THE REPORT FROM THE FINANCIAL MEETING IN ABADI'S SPEECH SAID THEY WILL ENTER GLOBAL ECONOMY THIS WEEK. HE REPORTED THEY HAVE THE HIGHEST GDP IN THE MIDDLE EAST. WELL IF HIGHER THAN KUWAIT AND KUWAITS DINAR VALUE IS AT $3.38 then where can iraq VALUE BE. ...SOUNDS GOOD TO ME. Chat Room Excerpts & Highlights hutch says(): Iraq tops list of World Bank loans worth 20 billion dollars and warned of “squandering it” 2016/03/29 11:32 Assured the Finance Committee in the Chamber of Deputies, on Tuesday, that Iraq suffers from financial and economic problems, “acute requiring international intervention”, has promised to visit key States and Islamic banks to Iraq was timely, as revealed that Iraq tops list of World Bank loan projects amounting to $ 20 billion, indicated its intention to provide 250 million dollars loan to Iraq, promises to Islamic Bank grants. IMF says Iraq could secure 3-year standby deal by June AMMAN (Reuters) – The International Monetary Fund could approve as early as June a standby arrangement (SBA) with Iraq unlocking $15 billion in international assistance over the next three years, the head of the IMF’s Iraq mission said on Tuesday. Christian Josz said the package of assistance, nearly one third of it from the IMF and the rest from international groups and donor countries, would be in line for approval by the board if talks with Iraq next month go well. Josz told Reuters at the end of a round of talks with Iraqi Finance Minister Hoshiyar Zebari in Jordan that the structure of the deal itself was now in place. 3-28-2016 Newshound Guru Tlar Article quote: "the forthcoming cabinet reshuffle, which would expose the Prime Minister Haider al-Abadi, next Thursday, at the parliament session, which will include seven senior ministers in the government." We have not heard from Abadi yet. This is very complicated but I think Abadi will produce at least the seven ministers by thursday. Don't worry so much about articles stating the NA is giving him 3 weeks. No where does it say Abadi said thanks let alone that he will take 3 weeks. By Thursday we should see real progress both in the change of these ministers and maybe putting the list together on the COM. Hang in...until we actually see where Abadi is coming from.
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