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Found 12 results

  1. Here's some articles of Dinarian interests... The economic state of Iraq revealed. Treat as rumors. Not verified. Your opine. Tlm724 Administrator Bondlady’s Corner: Sudani: Today We Are Moving Towards Economic Construction & Comprehensive Reform. ARTICLE: PM Muhammad Shiaa Al-Sudani confirmed today, Tuesday, that the National Service Government is moving towards economic construction & comprehensive reform. Al-Sudani said, in a statement received by “Al-Iqtisad News”: “April of this year will return to us, and Iraq will regain its health and historical civilizational launch, and will enjoy security & stability, proceeding with development & reconstruction. These are gains that were achieved through a long process of sacrifice, patience & jihad against tyranny. Our people sacrificed precious lives & caravans of martyrs were among the finest men & women.” He added: "The dictatorship fell after it delved into injustice and plunged the country into bloody wars & conflicts, causing isolation & hostility & sowing hatred in the region. Our people reaped death, destitution, backwardness & disease & lost on the path to freedom an elite group of martyrs of the Islamic & national movement, whom we remember in this regard." Especially today, on the anniversary of his ascension as a martyr, Grand Ayatollah Sayyed Muhammad Baqir al-Sadr, whose execution represented a disgrace to the black Baathist regime.” The PM continued: “Our people chose their own fate after the fall of the regime, through persistence and determination, which created a bright picture for their future, resisted terrorism, wrote their permanent constitution & elected their parliamentary representation & national governments. Then the forces of evil returned to appear in the guise of the mythical ISIS & the Iraqis pulled together their ranks once again.” They showed a commitment to the land & life that was rarely matched.” He stated: “The journey of the past twenty-one years has been the best document of the cohesion of Iraqis & the confirmation of common living for all fraternal sects & today, we are moving together, under the National Service Government, towards an advanced stage of economic construction, comprehensive reform, social & civil service, and consolidating Rights and stability are on the rise, expressing a vision developed by our government’s program, in light of the needs of citizens, their aspirations and their wishes for their country.” FROM OTHER SOURCES: Al-Araji: The Prime Minister's Visit To Washington Will Establish A New Era In Relations Between The Two Countries. ARTICLE: National Security Advisor Qasim Al-Araji confirmed that the visit of PM Muhammad Shia Al-Sudani to Washington will establish a new era of relations between the two countries. The National Security Advisory stated in a statement: “Al-Araji met in his office today with the US Ambassador to Baghdad, Alina Romanowski, & the two sides discussed the latest developments in the political & security situation at the regional & international levels & the prospects for cooperation & partnership between Iraq & the USA.” During the meeting, the two sides discussed issues & files of common interest, including the Al-Hawl camp file & continued cooperation in the field of combating terrorism. During the meeting, Al-Araji expressed his optimism about the upcoming visit of PM Muhammad Shiaa Al-Sudani to Washington, noting that the visit will establish a new era in relations between the two countries. He pointed out that the strategic framework agreement between Iraq and the US is important & comprehensive & does not concern only the security aspect, but rather includes all fields, stressing the importance of countries withdrawing their nationals from Al-Hawl camp & drying up the human, financial & media sources of terrorism. For her part, the American Ambassador confirmed that the PM visit to Washington is very important & that the two countries are moving towards the bilateral security agreement & that the committees of the two countries are continuing meetings regarding the international coalition’s mission. FROM OTHER SOURCES: Financial Advisor: Government Measures Put Iraq At The Forefront Of Countries In Foreign Investment. ARTICLE: Today, Tuesday, the financial advisor to the PM, Mazhar Muhammad Salih, revealed government measures that put Iraq at the forefront of countries with foreign investment, while noting that the development path & the Al-Faw port have strengthened the government’s vision in encouraging foreign investments. Saleh said in a statement seen by Mawazine News: “The Iraqi economy is characterized by two basic features that help give it preference in foreign investment. First, cash flows in foreign currency are reflected in the current account of the balance of payments relative to the gross domestic product, which is estimated by international economic & national centers at a surplus estimated at approximately ( Positive 7%) Iraq also ranks 2nd in OPEC oil production and 5th in the world in that production.” He added: “As for the 2nd advantage, there is a wide range of available investment opportunities provided by transportation, digital communications, housing & construction activities & it ends with encouraging partnership between the state & the private sector in the manufacturing industry & various technological fields, the latest of which was the Cabinet’s adoption of the facilitating instructions in its last meeting that encourages the existing partnership between. The state and the private sector, which is based on the principle of mutual win-win & is an attractive signal for foreign direct investment,” pointing out that “the investment law frames the provision of an attractive investment environment for investors, especially the economic surplus trends of the countries of the region * their orientation towards profitable investments in Iraq in the industrial, agricultural & other fields, which... It gives a positive signal to international investment in general to be attracted to Iraq & investigate promising opportunities there.” He stressed that “the Development Road Project, as a development strategy that adopts the idea of development-leading projects, constituted the central call for international companies to participate, starting from the port of Al-Faw & ending with the Turkish border, for economic connection with Europe, which... This means that the state's economic vision is based on encouraging direct foreign investments in development activity in Iraq, whose natural resources are abundant in the ground. FROM OTHER SOURCES: Sudanese Issues Several Directives To Stimulate The Activity Of The Private Banking Sector. ARTICLE: A government source revealed, today, Tuesday, that PM Muhammad Shiaa Al-Sudani issued a set of measures & steps to revitalize the private banking sector, while directing a study of the possibility of strengthening the needs of private bank branches abroad in foreign currency. The source told the official agency, followed by Mawazine News: “As part of the Iraqi government’s efforts to formulate a strategy that stimulates the activity of the private banking sector during the next stage, allowing it to engage more in efforts to diversify the economy & strengthen its foundations, PM Muhammad Shiaa Al-Sudani directed the adoption of a set of measures and steps.” In this regard, including: - 1 - The Ministerial Council for the Economy studies the proposal to increase deposits of government institutions & the central government with private banks, enabling them to provide more banking operations & contribute to the development of various vital sectors & increase their ability to provide various financing services inside & outside Iraq. 2- The support of the Iraqi government & CBI to private Iraqi banks through foreign institutions & banks, taking into account the credit rating of each bank. 3- Studying the possibility of strengthening the needs of private bank branches abroad in foreign currency for the purposes of financing foreign trade - the private sector & in accordance with the applicable contexts. 4- The Board of Directors of the Central Bank of Iraq determines the contribution of foreign capital to Iraqi banks & evaluates the reality of the situation in a way that benefits the Iraqi economy & in accordance with what is stated in Banking Law No. 94 of 2004. 5- Participation of representatives of the private banking sector when discussing relevant issues in all state institutions. Including meetings of the Board of Directors of the CBI. 6- Studying the reactivation of the financing initiative presented by the CBI & in accordance with the contexts proposed by the Central Bank in this regard. 7- The Competition Affairs and Monopoly Prevention Council shall take the necessary measures under Law No. 14 of 2010 to prevent monopoly in banking services, provided that the Council shall submit reports to the CBI & in coordination with it periodically & in accordance with the aforementioned law.
  2. Here's an article from Dinarland... An RV Ramadan !!! Treat as a rumor. Not verified. Your opine. Nader From The Middle East: Tomorrow Is Ramadan. ARTICLE: Tomorrow Is Ramadan. What's happening between now & Ramadan it's big. Everybody's gonna be happy with it. The rate is gonna be 1132 for sure. It's gonna go down this month, maybe.
  3. Luigi found this article of Dinarian interests... Could a possible RV/RI surprise be in store for Iraqis after Ramadan? Parliament failed to get anything done as it recesses for a entire month. There is a lot of work still yet to be done. Everything is not done as the Gurus always say. Treat as a rumor. Not varafied. Your opine. 1-15-2020 Newshound Guru Jeff ...I spoke with my Iraqi contact who works within the Iraqi government...I asked him...could Iraq be transitioning to a different fiscal period from APRIL through MARCH? ...He could not give me an answer either way...the next question I asked him was, their 'when do you think Iraq might be completing 2020 budget' and he said they're gonna probably get to it a little bit later this year. They're just busy. They have a lot going on. He said they probably won't be completing the 2020 budget until the month of May...that raised a red flag with me. Here's what that might mean...there's a good chance that the Iraqi Government might not even start the voting process on the budget until after the rate changes which means they might not even start the budget until the month of APRIL.
  4. Luigi found these blasts from MarkZ of Dinarian interests... His high level sources say it's going down as we speak. He has claimed to have high level top sources in both the UST & CBI. Treat as a rumor. Not varafied. Your opine. 4-24-2019 Intel Guru MarkZ I am hearing from MY Iraqi sources….that during RAMADAN the Iraqi people will have a lot to CELEBRATE this year after this has gone. [do you think this is going to happen this week?] I really think this will be out the door this week... They cracked down last Sat…I was told that they DO NOT want us to talk about rates! Remember- very important...do not let currency out of your sight at this point….we are just to close right now. 4-24-2019 Intel Guru MarkZ [via PDK] News was exceptionally good overnight… The chatter out of Iraq is that they will be LIVE on Thursday…their time.. so we have a lot of expectations for late afternoon, early morning for us...There has been a whole lot of movement that I can’t talk about...The CBI has just added SWISS for direct conversion on their site...this is huge….they are getting ready to join the big world. They have also added others like Poland...key allies for banking or trade has been added for direct conversions...
  5. Luigi says... No rumors...no intel...I just want to wish all Dinarians a happy & hopefully a prosperous Ramadan.
  6. Luigi says...Guru thinks the Ramadan RV window is closing down. 4-27-19 Dave & Baxter... Dave Sadly not much to report on the Dinar lately. Baxter Nope.... Ramadan starts next week... we are done for at least six weeks now. Dave wonder if they will seat their ministers by then? Baxter I doubt it. Baxter been a frickin year. Baxter ridiculous. Goofus Lot of peeps thinks you are nuts -- if they know you own dinar.
  7. Luigi says...Kicking the can further down the road. All the more urgency to get the RV done before Iraq elections. After elections, RAMADAN begins followed by 3 days of EID. After EID, Parliament take a month off for recess. Finally followed by HAAJ. Technically, Iraq could kick the can down the road all the way through mid to late October. By then, the 4th Quarter already passed. It would then make more sense to wait until the new fiscal year in 2019. This may explain why it must be a GO prior to the elections. IMO. Not varified. Your opine. When is Ramadan 2018 and why does the date change every year? Soon, Muslims across the world will be preparing for the holy month of Ramadan. It is common knowledge that the month involves fasting, and ends with a celebration called Eid. But it is actually about much more than that – the Islamic month is also about charity, reflections and resolutions. By going without food or water, Ramadan gives Muslims an insight into how it feels to be less fortunate, giving them a time to reflect and show their gratitude to Allah. Want to learn more? Here is everything you need to know about Ramadan in 2018. Ramadan is the ninth month of the Islamic calendar, when it is believed the first revelation of the Quran to the prophet Muhammad took place. To commemorate this event, Muslims across the world observe a month of fasting during daylight hours. Muslims must abstain from food, drink, smoking and sex every day, and are only allowed to eat during an early-morning meal, suhur, and a night-time meal, iftar. Fasting during Ramadan is the fourth of the five pillars of Islam, the most important of Muslim practices. While fasting, Muslims also spend the time focusing their minds and activities on prayer and spiritual reflection, including greater study of the Quran. Based on astronomical charts, Ramadan could start on Wednesday 16 May this year. It will continue for 30 days until Thursday 14 June. This means that the first day of the next month, Shawwal, is expected to begin on Friday 15 June. The first day of Shawwal also marks the date of Eid al-Fitr, the festival celebrating breaking the fast. While the Gregorian calendar largely used in the western world is based on the sun, the Islamic calendar is based on the cycle of the moon. Because the two calendars don’t align exactly, the Islamic dates move back by 11 days each year.
  8. Luigi says... Gurus got it all wrong, again. Standard excuses...waiting on Ramadan or Haaj. Abadi wants us to have this money during a US or Iraq holiday. 3/13/2018 Doug_W: When is ramadon? BREW: Ramadon 2018 will begin in the evening of Tuesday, May 15 and ends in the evening of Thursday, June 14. spankie: 233 trillion world debt . xyz: American study .. Islam will become the largest religion in the world by 2070.
  9. 2 May 2017 Diane1... Ramadan comes early this year...HOPEFULLY this will happen before their Ramadan...begins May 25th through June. 2 May 2017 Jester... Its all done...everything is signed and ready to roll. The banking system has to adjust...thats what we are watching. Watch what the banks are doing.
  10. 06 Aug 2015 Intel Guru BGG... Whats going on with Parliament? I thought after Ramadan they were going to get right to work. I just checked their agenda... and no laws of importance are on their agenda clear through Aug 15. In retrospect everyone expected as much. However...the struggle seems to be significant. The news out today is actually high level meetings with the 3 Presidencies... Meetings on how to fix the economy and corruption. NOW...In light of this news I am very hopeful. Luigi agrees with BGG. It seems like Parliament is kicking the can down the road again. Stall tactics and agreement to disagree are the norms. Your comments!
  11. from another source... 5-28-2015 Newshound Guru Aggiedad77 "Presidency of the parliament decides to end the legislative term session next Sunday" Looks like Parliament is going to pull the plug on the existing session this coming Sunday...so a break appears to be coming up for the time of Ramadan...unless someone changes their mind. Luigi says...this should quell any Guru Ideas that Abadi ordered Parliament to work through Ramadan without a break until all Bills are passed. It would appear Parliament will get their recess. After Ramadan, the Feast, a few Patriotic holidays then Haj. Haj will be another month's break for Parliament. This leaves us with Oct as the next RV window of opportunity. Oct looks good as it is the begining of the new fiscal year. If Parliament still can't get it together, then the RV could be delayed again to 2016. IMO.
  12. from Intel Guru KTFA Frank... 05-13-2015. KTFA Frank I want to say...all is being done before Ramadan. Guru TopSelf mentioned the date....before the 17th....They are all working together....GOI....CBI....DC....IMF....WB....UN....etc. Actual Quote: "5-13-15 Frank26: Dr. S [shabibi] wants all of his banks secured. Every one of them. The insurgents that are still left in Mosul...blew up one of the major bridges...because they know they are about to be wiped out. IMO – ISIS is about to get their butts spanked! I want to say...all of this is being done before Ramadan. TopShelf...mentioned the date...before the 17th. They are all working together...GOICBI..DC...IMF...WB..etc."
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