blueskies

This seems significant-- BAGHDAD / NINA / The Representative of the Kurdistan region resumed its work normally in the General Secretariat of the Council of Ministers after it stopped more than six months. Senior Official sources told the National Iraqi News Agency / NINA /: “The Representative Office began its work naturally in various fields between Baghdad and Erbil.” The sources pointed out that Dr. Farhad Nematallah, deputy secretary-general of the Council of Ministers, has been assigned to oversee the representative, in addition to his post as Deputy Secretary-General. ” It is worth mentioning that remarkable breakthrough between Baghdad and Erbil happened in the recent period, especially after the announcement of the President of Kurdistan, Massoud Barzani to hold an extended conference of the heads of political blocs later this month in Arbil to resolve their differences and get out with a new agreement among those blocs. / End http://www.ninanews.com/english/News_Details.asp?ar95_VQ=GGFHFG

Parliamentary Finance: a higher committee for the development of legislation in support of banking business The time on Tuesday, February 19 / February 2013 14:40 | | Baghdad / Orr News Draw the parliamentary Finance Committee a committee of banks Mesopotamia, good, TBI, the parliamentary economic committee, the Ministry of Finance and Planning, with a view to supporting the development of legislation for banking business in the country. Committee member said Najiba Najib on Tuesday that "the formation of a supreme committee comprising the ministries of Planning and Finance and Economic Committee with representatives from the Rafidain and Rasheed banks and the Iraqi Trade to put the necessary legislation to support the banking business." She added that "this legislation focuses on Alamlbasthaddam techniques and electronic trading electronic المقاضية and merger of private banks in the process of developing heads and raise money worth." The CBI earlier, he plans to convert banks to large financial institutions after obtaining the consent of the government to amend Law No. 94 of 2004 on the integration of small banks to large banks. From www.uragency.net

Here's another article about the continuing budget negotiations-- Nijaifi discusses federal budget’s pending issues with parliament blocs’ headsAdded by Baghdad Iraq on February 19, 2013. Saved under Baghdad Politics Baghdad (IraqiNews.com) -The Speaker of the Iraqi Parliament, Osama al-Niajifi held on Tuesday meeting with the heads of the parliament blocs to discuss the pending issues about the federal budget of 2013. The media office of Nijaifi cited in a statement “A meeting was held on Tuesday in presence of the two Deputies of Najaifi and the heads of the parliament blocs where they conferred about the controversial points related to 2013 budget.” The Speaker stressed “The significance of approving the federal budget for it considerably concerns the lives of people,” the statement added. “The conferees agreed on continuing the negotiations to prevent delaying the vote on the federal budget anymore,” the statement concluded. Read more: http://www.iraqinews.com/baghdad-politics/nijaifi-discusses-federal-budget-s-pending-issues-with-parliament-blocs-heads/#ixzz2LMWQRp3s

Here is an article suggesting that the blocs have now agreed and all will be ready for a vote on Thursday. Fingers crossed. Urgent….2013 federal budget now prepared for vote, says MPAdded by Baghdad Iraq on February 19, 2013. Saved under Baghdad Politics Baghdad (IraqiNews.com) -Member of the parliament Finance Committee, MP Majida al-Timimi, announced that “The political blocs agreed during meeting on Tuesday to settle the controversial points between the Kurdistani Alliance and the Iraqiya Slate over the 2013 federal budget where all their demands were answered.” Timimi added in a statement received by IraqiNews.com “The Federal Budget now is prepared for vote during the parliament’s regular session of next Thursday.” Read more: http://www.iraqinews.com/baghdad-politics/urgent-01-federal-budget-now-prepared-for-vote-says-mp/#ixzz2LMVy3q3N

Look at the trend over the last week. Hasn't the sale of dollars been going down every single day?

God bless the Mystery Lady.

http://www.iraqinews.com/baghdad-politics/krg-barzani-to-release-initiative-for-dialogue-among-political-blocs/

http://www.iraqinews.com/baghdad-politics/parliament-to-resume-its-session-next-tuesday-to-vote-on-budget-law-of-01/

Saturday Night "Mystery Lady" post emailed to Dinar Recaps 02/16/2013 I have not disappeared or vanished as some have suggested, rather just sat back and let this unfold as I have zero control over this event and updating multiply times a day really isn't my style. Yes, I have been informed of certain events and timelines that have occurred and are on the for front of occurring. My husband assures me that the recent Kurdish budget approval is a sure sign that the other blocs are finally in agreement with one another and the Iraqi budget is all but made public. Which this is to be done by mid week or sooner and the revalue is to follow immediately. The updates you have been getting from the individual from PD (OCrush) are again factual and right inline with everything I keep hearing from my end. In fact, his insight comes from a line of sources that travels a completely different path, yet always ends up near or there about with what I hear. I come this last time to lift up those who fail to see the whole truth and sag with doubt, joy should be upon you now you made it. Thank you to all those who welcomed my insight and appreciated my willingness to reach out without recognition. God bless each one of you and use your new found wealth in a positive manner. Remember, without morally correct people leading by example in this world we will not sustain the level of decency that God expects of us. Smile : ) my friends it's over! Wife in the Know

Baghdad (IraqiNews.com) -A political source revealed that the President of Kurdistan Region, Masoud Barzani, held a meeting with the head of the Iraqiya Slate, Ayad Allawi, and the head of the Iraqi National Congress, Ahmed al-Chalabi, as well as a representative for Sadr Trend, he did not mention his name to discuss replacing the Premier, Nouri al-Maliki, on Saturday. The source stated to IraqiNews.com “A meeting held in Erbil on Saturday evening among Barzani, Allawi, Chalabi and a representative of Sadr Trend to discuss the political crisis and the option of replacing Maliki in addition to repeating the request to withdraw confidence from him.” “Among the issues discussed in the meeting is presenting Chalabi as a substitute for Maliki in case the meeting sides agreed upon replacing the latter,” the source concluded. http://www.iraqinews.com/baghdad-politics/source-barzani-allawi-chalabi-sadr-trend-representative-discuss-replacing-maliki/

From DR-- OCrush Update Posted at don't promote other sites Forum Friday Night 02/15/2013 Hello All!!!, Okay, here we go. President Barzani has taken the bull by the horns. When he came back from his visit in Europe (Davos, Ireland and a couple of others) he decided to represent all of the Kurdistan blocs to end this crisis. Most significate, he now represents Talabanis Patriotic Union, with there blessing. He had meetings with all of the Kurdish blocs, the Sadrist Bloc, representatives from the US Embassy (Beecroft and UN Dels) and the National Coalition (Malikis Bloc). One significant member of Malikis bloc works in London and is trusted by the Brits and U.S. He spoke for Malikis coalition. This lasted for a few days and it was VERY successful. In turn...Barzani and the Kurd leaders were so happy they adjusted there Budget and past it today in the Kurdish parliament. Formal agreements were signed so there will be no backing out when this was done. It also included all disputes with Kirkuk under Article 140:) It also included an agreement with the HCL:)) We should hear something on this shortly. Now, Barzani has called for a formal announcement with all of the Kurdish leaders participating to tell the Kurdish people what took place during these closed door meetings. They will tell the people there future and announce something major. In turn Maliki, Nujaifi and the other bloc leaders will make there own formal announcement to the Shiites, Sunnis, Turks and Christians what they have accomplished and what there future holds. This is History in the making. Life changer for all the Iraqi's and it is very well coordinated. Sunday is a new beginning for Iraq and should be veeery revealing to our timeline:)) Hope this helps and Cheers to All!!!!!!

2013-02-13 Weights: the adoption of the budget next Monday Baghdad, suggested the parliamentary economic committee read the budget next Monday, hinting some political blocs reached consensuses. Committee member said the Iraqi List MP Qusay al-Abadi's, A reading of the federal budget for the current year is likely to be next Monday. Abadi noted, to get a consensus among some blocs that have different clauses within budget. The parliamentary Finance Committee confirmed a few days ago, completed its own budget, excluded today Altusit, not the demise of political differences. Committee member said the Iraqi List MP Ibrahim al-Mutlaq's / JD /: The Finance Committee completed all terms of budget it needs to be political consensus for a vote. Mutlaq said, that the existing political differences between the Kurdistan Alliance and other lists and the National Alliance on budget hampered Altusit. The MP said that the parliamentary sessions will be ongoing until the vote on the budget. Process has stalled passage of the Federal Budgeting Act of 2013 because of differences between the committees of the Parliament and the Government on the increase allocations of the three presidencies in addition to claim assignments retirement and determine rates of oil revenue surpluses to be distributed to the people. DananerNews But the article below suggests that the vote might be Tuesday-- Iraq Budget, Tuesday, February 19th? Fatlawi suggest the adoption of the budget in the 19 of this month Monday, February 11, 2013 Fatlawi suggest the adoption of the budget in the 19 of this month Baghdad, suggested an MP for the coalition of state law, Monday, that the federal budget is displayed for a vote next Tuesday, stressing that the current differences on them with the Kurdistan Alliance because it has a "high demands". Fatlawi said in a press conference held in the parliament building and attended by "obelisk", "The federal budget by the appreciation will be presented on Tuesday 19 th of this month for a vote because the demands put forward by the Kurdistan Alliance high and will not accept from other parties." She Fatlawi we "need to dialogue in order to reach a settlement of the adoption of the budget," afterthought by saying "the silent does not get it speaks gets disagreements and this is not true because wealth is for all and all Iraqis are supposed to be distributed fairly to everyone." The head of the Iraqi Council of Representatives Osama Najafi raise, on Monday, the 12th meeting in the chaos without held until further notice demanding the Finance Committee to submit its report before a special session to vote on the budget did not specify the time. Almasalah

Good article and video on the Iraq and Kurdish budget disputes -- http://www.presstv.ir/detail/2013/02/15/289003/disputes-delay-iraq--kurdistan-region-governments-budgets/

It is a holiday, but most banks are open on Monday.

From DR-- (He writes like a pirate . . .) Blaino Update Emailed to Recaps Thursday Night 02/14/2013 Blaino: planeteers there is a lot going on, quietly and to be SURE... Not nearly fast enough for all of us! At any rate, we are likely as not to see some interesting times in the hours ahead! Banks and their foreign currency situations are almost asunder... As is required 'before' there can be a sumation of our pursuits.... Lil hint there for you! I understand they need to wrap up those concerns before MONDAY...Which is almost as interesting a day as .... Tomorrow! A number of moving targets will all line up then, and will be easy to hit then! Citizens, sight your weapons! There could be some additional news this evening, and if there IS... You know i'll bring what i can! One 'entity' has reported and several have confirmed that the us Yes, a surplus! HUMMMM.... We "believe" that the ust (after 100 years and a few weeks) has finally gone back to work! One can only wonder and speculate at what the heck they are about in THERE.... Well, i'm not ONE.... I know what goes on! More than that i cannot say, HOWEVER.... Get your 'excited' all gassed up and ready to rock! Methinks you're going to need it pretty soon!

I agree. How could they disperse the checks if the budget hasn't been finalized or passed?

Why does the article say that the budget was approved last week?

From DR. Happy Valentine's Day -- Late Wed. Night Blaino Emailed to Recaps 02/14/2013 [blaino] PLANETEERS! I AM GETTING A LOT OF CONFIRMED INFORMATION ALL DAY... MUCH IS "CLASSIFIED" BUT I CAN TELL YOU THIS.... NONE IS NEGATIVE IN ANY WAY! BANKS ARE ALL GETTING A FOREIGN SURPRISE! (ASK ME NOT!) THE GRINDING SOUND YOU HEAR IS THE LEVELING OF THE "PLAYING FIELD" AS FAR AS IS POSSIBLE TO DO! ALSO, THOSE NOT BASEL III COMPLIANT ARE GETTING HELPED OUT... HOPE THE PRICE IS NOT TOO DEAR... (PIPERS WILL BE PAID!) ALSO: THERE APPEARS TO BE A VERY FULL GI PIGGY BANK.... ALL SET TO CRACK OPEN LIKE A PINATA... AND WE NEED TO HIT IT WITH OUR IQD STICK! MINE IS READY... IS YOURS? Blaino: teller screens are flashing the rate since last tuesday afternoon, 4pm PST... So over a week NOW... "never before" has "never before" been so .... Interesting to consider! Blaino: jtolsn here it is: locked in with both a buy and a sell ... No ust hold but this is on the executive side in the foreign currency div of ... A big 4 BANK...It is flashing on the teller screens! .... Been locked in F.E. Side since the 1st of feb and rate went down once to $3.42 buy, then back again. The flashing is to alert tellers that a new rate is imminent and to pay attention. Once it locks, we are go! Blaino: HisBlessed no, the rate flashes, that's all they need, for awhile after this happens, tellers will propably not be allowed to take foreign currency ... They will have to pass it to an officer. [Precious] Blaino: Kevdriver till they lock it IN... As long as it flashes we are inbound... If it STOPS... So do we, unless it locks in! Blaino ... one has to think ... how could they let tellers have flashing iqd rates ... and not RV very, very soon. .... everybody and his brother would be in the know about RV at some point Blaino: jam777 MY THOUGHTS EXACTLY... SOME REQUISITE BANK CHANGES, INTENTIONALLY LAST MINUTE AS I UNDERSTAND IT, NEED FINISHING... THEN WE ROLL I THINK... HOPE... NEED... BELIEVE! Blaino: be back later if stuff develops!

Iraq in dispute over 2013 draft budget as KRG oil sector demands higher allocation Baghdad (Platts)--13Feb2013/658 am EST/1158 GMT Iraqi politicians are in dispute over a $119 billion draft budget for 2013 that would set aside $11.3 billion for companies developing oil fields under contracts with Baghdad and $625 million for those under contracts with the semi-autonomous Kurdistan Regional Government, parliamentarians told Platts Wednesday. The budget is based on an expected oil production of 2.9 million b/d at $90/barrel. The Kurds say they need nearly $4 billion to pay companies with KRG contracts, for this year as well as for previous years' work in developing the sector, which is capable of exporting nearly 300,000 b/d of oil, KRG oil officials said. A delegation sent by Prime Minister Nouri al-Maliki is in Erbil, the KRG capital, to negotiate on the budget allocation for 2013. http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Oil/8145223

This news makes me hopeful. It does seem like Parliament is more intent on getting this resolved quickly and is even using more pressure than years past.

I agree. If they don't get this done before the protests start on Friday, there may be no more tomorrows for Iraq. And I think that the leaders know this.

BAGHDAD (Iba) .. According to a member of the Finance Committee deputy secretary Hadi Abbas, that the House of Representatives with the Finance Committee an advanced ratios with parliamentary blocs in the budget legislation. Abbas said in a statement to Agence independent press (Iba) .. Tuesday, "The Finance Committee has completed all discussions and amendments and a report is submitted the draft budget to the Board of seizures and there is no clogged by them, stressing: that some members of parliament and the Kurdistan Alliance asking demands illegal in the last hours session deputies to disable pass the budget." And that "some members of the parliamentary blocs and the Kurdistan Alliance insist on disabling draft budget passed in each session of the Parliament." "The Presidency of the Council of Representatives held an additional session included some lawmakers and members of the Kurdistan Alliance and interviewed all their demands and has reached a tentative agreement with all parties, indicating the following: that the coming sessions witness to pass a budget." He said Abbas "that the House of Representatives to reach advanced levels of all parliamentary blocs agree on all the paragraphs of the general budget for 2013 and the coming days will be announced budget session of the legislation." (End) http://ipairaq.com/?p=77533

Does Ocrush have the same reputation?

I've not been around long enough to know all the history. Point taken. But, I think this ride has been a tough one on lots of folks, Steve included. That has a way of changing a person and sometimes for the better.

I disagree. If you read what he writes, his tone shows a lot of concern for the people who are hoping the dinar RVs and need the money and he is trying to pass them information that he has access to in order to give folks a better understanding of where this thing is at. I think he's trying to be helpful.