News, Intel, Rumors and Opinions - November 8, 2014

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

http://www.dinarchronicles.com/intel

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BGG:

Article:
"The private sector contributes to increase the value of the dinar"

Quote: 
"noting that it was an urgent necessity that the country is about to increase its exports of crude, Baidhani called finally to revalue Iraqi dinar increased purchasing power because of its profound impact on the development of economic reality and give additional force to currency [and] strengthen confidence among the world’s currency markets, especially that [the] dinar is covered by a cash reserve to be reckoned with."

This is the HUGE NEWS of the WEEK!! 

This same economist was on Iraqi TV right after this was published and saying essentially the same thing.

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tman23:

Note;;  

that by orders of the CBI to the Department of Commerce...All registered "financials" to cancel holiday (working Friday and Saturday"s) to complete financial transformation...END.

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Stryker:

QUOTE:
"Prime Minister Haider al-Abadi, transfer of powers of the eight ministries of service to the provincial councils"

If this is true Iraq has a REAL power sharing government with power given to the provinces.

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Millionday:

THE HCL IS VERY IMPORTANT DUE TO THE FACT THAT THE LARGEST % OF REVENUES ARE OIL IN IRAQ -- SO IT WILL BE FUNDED BY MOSTLY OIL FOR A WHILE UNTIL THE PRIVATE SECTOR GETS ROLLING AND PRODUCING TAXES AND FEES AND ALL THAT WILL BE REVENUES FOR THE COUNTRY.

News, Intel, Rumors and Opinions - November 6, 2014

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

http://www.dinarchronicles.com/intel

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Millionday:

Article quote:
"The Director of the Office of the Prime Minister Mahdi Keywords, Center Brief, that the economic reform plan to the government, will emerge during the next two months."

THE ECONOMIC REFORM WILL EMERGE WITHIN THE NEXT TWO MONTHS THIS REPORT STATES -- AND IT WAS WRITTEN ON OCT 1ST.

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[I have seen a post...that the RV happened on Friday, and exchanges are quietly going on. That the rate is live, and the banks can see it at $3.58. Any response to these posts?]
CBI HAS IT AT 1166.  

NO ONE KNOWS WHEN IT IS AND HOW MUCH THE RATE CHANGE MAY BE BUT IRAQ AND IT WILL NOT BE A SECRET AT ALL  -- IT WILL BE ALL AT THE SAME TIME -- A RATE OF A CURRENCY IS SHOWN EVERYWHERE -- THERE ARE CURRENCY INVESTORS EVERYDAY IN THE MARKET -- AND IT IS NEVER A SECRET BEHIND THE SCENES -- IT WILL SHOW EVERYWHERE.

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THEY ARE SAYING HERE THAT THE HCL ARRIVED IN PARLIAMENT LAST WEEK. 

THE HCL IS HUGE FOR ONE OF THE OIL PRODUCING COUNTRIES AND THE HUGE % OF THEIR REVENUES THAT OIL IS -- FINALLY IT HAS ARRIVED TO PARLIAMENT -- WHOOOPOW.

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Kaperoni:

Article:
"The private sector contributes to increase the value of the dinar"

Quote: 
"indicating that it is an urgent necessity, especially that the country is entering a high volume of exports of V.odaa Baidhani at the conclusion of his speech to the revaluation of the Iraqi dinar and the increase its purchasing power because of its profound impact on the development of economic reality and the granting of additional currency strength enhance confidence between the currency markets in the world..."

...this expert is saying the CBI has done a great job over the years stabilizing the currency as a requirement (IMF Article XIV) during these difficult development times...and now that the economy is on the verge, the CBI needs to follow the plan and raise the value of the dinar (IMF Article VIII).  

This is such a super article I am standing up in excitement!  

Very exciting times.

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tman23:

the Arabic side of the CBI site...is filled with CBI announcements for Iraqi's...there is no doubt that they are on the move with their currency reform...all the banks are electronically connected and operating...They are way further along than led to believe through media and their chamber of commerce is on overtime/overtime...

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BGG:

Market rate down to 1198 this AM!! 

well within IMF guidelines. 

[What is the significance of the market rate being lower?]
It just displays them being in full compliance with IMF - as of now...which is big (of course).  

1198 is the market rate - as listed on the CBI website... not the rate listed on the "currency convertors".

News, Intel, Rumors and Opinions - October 31, 2014

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

http://www.dinarchronicles.com/intel

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Poppy3:

Quote:  
"Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities."

THE ONLY PROBLEM WITH THAT RATE IS IT DOESNT HAVE ENOUGH VALUE FOR THE PEOPLE OF IRAQ TO GAIN CONFIDENCE IN THEIR DINAR TO STOP USING THE USD.

FURTHERMORE IT IS NOT NEAR ENOUGH TO FULFILL THE BUDGET OR TO FUND THE HCL . THESE THREE THINGS ALONE TELLS ME IT WILL BE HIGHER THAN ONE TO ONE.  

I ALSO POINT OUT ANYONE INVOLVED OR IN THE AUTHORITY TO MAKE THAT CHANGE HAS NEVER SAID A WORD ABOUT 1 TO 1 OR A LOW RATE PERIOD. ONLY PEOPLE MAKING THEIR SUGGESTIONS HAVE ALLUDED TO 1 TO 1 POSSIBILITIES.

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WHY THE POSSIBLE DELAY THAT IS BEING DEALT WITH EVERY HOUR RIGHT NOW---THEY HAVE NOT PASSED THE BUDGET BECAUSE UNTIL THEY ANNOUNCE A NEW RATE THEY DON'T HAVE FUNDS TO BACK THE BUDGET. THEIR CONSTITUTION WILL NOT ALLOW THEM TO USE THE RESERVES. THEY HAVE TO REACH AN AGREEMENT ON THE RATE AND STEP BY STEP PROCESS TO USE WHEN THE RATE APPEARS TO FUNNEL THE FUNDING TO THE GOI TO FUND THE 2014 BUDGET.  

AGREEMENTS CAN BE COMPLETED ANYTIME. STAND BY FOR VICTORY. THIS IS WHY NEWS IS SLOW BUT ALSO WHY ITS ALL PROGRESSIVE AND FINANCE DIRECTED.

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[do we have any more info on when the ESX goes live?]
ALL I HAVE VERIFIED IS THEY ARE ONLY TRADING IN COUNTRY AND VERY LIMITED AND THAT THEY ARE PREPARED TO GO INTERNATIONAL AT ANYTIME BUT MUST HAVE A ACCEPTABLE RATE FIRST.

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Millionday:

Article quote: 
"Nora Albjara member of the committee of economy and investment in the House of Representatives revealed that the central bank completed its preparations for the issuance of metal coins of seven small groups, in conjunction with the implementation of the project to delete the three zeroes from the paper currency is currently in circulation"

CBI IS DONE WITH ALL 7 COINS THEY ARE GOING TO USE AND READY TO RELEASE THEM AND REMOVE THE 3 ZERO CURRENCY ACCORDING TO THIS ANNOUNCEMENT.  

IT LOOKS LIKE THEY ARE CHANGING THE RATE.  WE WILL HAVE TO WAIT UNTIL WE SEE IT -- BUT WHAT PURPOSE WOULD THE COINS AND LOWER DENOMS BE? YESTERDAY THEY ANNOUNCED THAT THEY ARE LAUNCHING THE GLOBAL MARKET LINK TO GLOBAL BANKS AS WELL. 

KNOW THIS IS HUGE HUGE NEWS. 

YOU SHOULD BE DANCING IN THE STREETS...

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[what is better for the Iraqs to do , come out with a higher rate or lower rate to control their inflation?]
HIGHER. 

IN THE 90`S THE RATE WAS AROUND 3.22 BUT WE HAVE NO INFO ON THE RATE OR THE DATE. 

I DO NOT BELIEVE THEY WILL ANNOUNCE THE RATE CHANGE -- IT WILL JUST BE THERE WHEN THE INTERNATIONAL RATES CHANGE --  THEY JUST ANNOUNCED AS WELL FROM CBI THAT THE BANKS HAVE BEEN MAILING OUT THE VISA BANKING CARDS AND THE SMART CARDS ARE OUT AND READY FOR THE REST OF PEOPLE AS WELL. 

WE ALSO SEE THAT THE REST OF THE STRATEGIC FRAMEWORK WILL BE COMPLETED AND OF COURSE WHAT IS LEFT IS THE MOVE TO A MARKET ECONOMY AND ALL THAT ENTAILS.

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Enorrste:

While it is true that basic supply and demand for currency within any given economy (Iraq, for instance) can have an affect on the overall value of that currency, there is another factor that is much more important once Iraq moves to Article 8 and the currency is recognized as a valid world currency. 

That factor is speculation. 

Speculation in world markets is the primary force that drives its value. 

Other forces are supply and demand, economic growth, interest rates, and a country's balance of payments situation. 

It will be speculation, however, that will be the driving force in the case of the dinar, in my opinion.

The IMF was quite clear in its recommendation to Iraq: 

move to a "free float" exchange regime. 

No where has either the IMF or the CBI talked about a managed float.  Therefore, I believe that once Iraq moves to Article 8 and opens the door for the dinar worldwide that adding or removing large notes will be minor in comparison to the basic speculative demand worldwide.  Therefore, I see the currency rising quickly...

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...I have said numerous times before, Iraq is going to be like the "wild west" was in the second half of the 19th century in America.  Investors will flock to Iraq to make their fortunes, and they will need dinars to do their business.  Therefore, the demand will grow WORLDWIDE for the dinar quite quickly, in my view. 

The supply and demand within Iraq itself will be minor: 

worldwide demand will grow based upon the influx of investment into Iraq. 

Many articles have come out stating that many countries are already chafing at the bit to get into Iraq. 

Some have already made strides in this direction, but they are minor compared to what will happen once the currency is recognized worldwide (Article 8 and its protections). 

KAP [Guru Kaperoni] has shown that the plan is to get laws in place to offer insurance protection for foreign investors. 

That will probably precede moving to Article 8.  I suspect all of this will come to fruition within the next 60 to 90 days, after which the float will begin. 

...I suspect, the CBI has been preparing for a true "free" float (this is why they have raised their reserves so high)...

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Adam Montana:

[...how many laws can parliament vote on at a time? Is it possible that they could act on 2 or 3 laws in the same day, or do they have to take a breather between each of them. And how much time does it take for it to be entered in the Gazette after it is approved.]
Theoretically, they can vote and pass as many as they want in a single session - there is no law preventing this. Regarding getting it in the Gazette, I have it on good authority that once these particular items are done and there is an official change in the rate, we will see it published in less than 24 hours.

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BGG:

I'm not saying this is happening now - I am saying once you see Fils - they will have to be worth more. Period.

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TD:

I confirmed several points of news & discussion with my Kurdish friend (as always treat all as rumor and do your own diligence). He confirms that the coins WILL BE part of the introduction of the deletion of the zeros program. This actually confirms even more so the LOP to happen as coins will be used in the marketplace along with the new 5, 10, 25 dinar notes. There is NO CONCRETE TIMELINE YET as to when the currency reform will be initiated. As I've outlined before they have crafted all these plans on the blackboard as a two year window of 2015-2016 to INITIATE the program AND as the old and new notes coincide (yes coins introduced) THEN it will take about two years more to pull in and retire all the 3 zero notes.

Look, Iraq is notorious for putting plans out there and then delaying them so we shall see...My contact says EVERYTHING is based on unifying the country and having a uniform, safer environment from which to operate. He says the GOI has their hands full with the war, the economic duress and social problems. Sorry to be a buzz kill BUT my contact indicates there is NO RV/RD/RI scheduled this weekend, November or for that matter the rest of 2014.

News, Intel, Rumors and Opinions - October 28, 2014

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

http://www.dinarchronicles.com/intel

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Poppy3:

SAD NEWS BUT A RUMOR, COMING FROM IN COUNTRY SURE MEANS IT IS RUMOR. THEY SAID TODAY THE RUMOR HAS CHANGED FROM LATER THIS WEEK TILL LATER NEXT MONTH. 

FROM THEM TALKING LAST WEEK THEY WHERE TRYING TO GO LIVE WITH A RATE LATER THIS WEEK. THEY ARE NOW SAYING THE RATE CANNOT BE COMPLETED TILL AT LEAST A COUPLE MORE WEEKS WITHOUT MAJOR ACCOMPLISHMENTS HAPPEN[ING] FASTER THAN EVER. THEY DIDN'T SAY WHY OR WHAT THE HOLD UP IS THAT NEEDS COMPLETING BEFORE THEY CAN GO LIVE WITH A RATE, JUST THAT IT WAS GOING TO TAKE LONGER THAN THEY EXPECTED LAST WEEK.   WE WILL WATCH AND PRAY THIS INFO IS WRONG AND THE RATE COMES SOONER RATHER THAN LATER.

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Kaperoni:

Article:  
"The return of the controversy regarding the deletion of zeros currency...and application over five years"

IMO...until the laws are in place, it makes no sense to start the process. 

And the CBI does not want to commit until they see that the GOI/parliament has done what it needs to do. 

Remember, if this plan is to work, investment must come into Iraq. 

Without it, the currency stalls. 

...without the economic and banking laws that are stalled in parliament to transition to a market economy passed, it makes no sense because investment will not come in.  You have to create the environment, the right climate and set the stage if you want investment. 

...the economic plan that just came out identified 11 significant laws that are stalled for a market economy. 

Parliament needs to get to work before anything will happen with the dinar.

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Article:
"Deletion of zeros!"

Quote: 
"Iraq is the latest Arab and foreign countries decide to delete the zeros from its currency"

Does anyone think the CBI would go through the expense to reprint the existing denominations, add security features, educate the citizens and put them in circulation only to redenominate LOP the currency in a few months?  

Its actually a good article because he is saying a redenomination or LOP is a not a good thing...  

Clearly this guy is not in support of redenomination.   

I remind everyone that the CBI is a member of the IMF and the IMF falls under the charter of the UN...the CBI will do what the IMF says.

Article:
"Parliamentary committee calls for the central bank to implement deletion of zeros early next year"

...if the plan was some kind of RV or overnight event/staging rate (which may have been the orIginal plan) clearly the three zero dinar would have to be removed prior...which isn't happening since the CBI is in the process of releasing new replacements. 

You just don't leave those kind of notes on the street.

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BGG:

[...where to you think we are at this very moment? do you see things happening before oct 31?]
Personally, I am just trying to stay prepared for anything (at any moment).  

I would hate to inaccurately build some level of expectation. I believe it to still be a good investment.

[does anyone really believe a private citizen will be able to walk into boa, wfb, etc. and exchange iqn for us dollars any time soon?]
I do...or I wouldn't be here.

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TD:

Article:
"Deletion of zeros ! Iraq is the latest Arab and foreign countries decide to delete the zeros from it's currency"

Well, the mail is in! Article CLEARLY states their intentions for 2015 and should once and for all put to rest that "deletion of the zeros" DOES NOT mean "pulling these notes from the marketplace". 

IT DOES NOT!  

It spells out (VERY CLEARLY) that (a new) 1 Dinar will equal 1000 old dinars, a new 5 Dinar will equal 5,000 old dinars. NO DISPUTE ANY LONGER WHETHER OR NOT IT WILL BE A LOP!  IT WILL!

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TerryK:

[Have you seen where the IQD is trading?]
1137 RIGHT NOW.  

[Is that good?]
YES.  

THAT MEANS IT ONLY TAKES 1137 DINAR TO MAKE A DOLLAR INSTEAD OF 1166...NOT MUCH BUT IS A MOVE. 

[what you hearing?]
WE MAY SEE THIS LATE TONIGHT TO WED.

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tman23:

The GOI and CBI are preparing for the IQD to be accepted internationally...Who wants to argue that point? But the biggest point to be made is...IF the intent is to remove the 3 zeros across the entire IQD currency spectrum , which would mean LOP and a NEUTRAL event with NO GAINS to be made on the monetary changeover...WHY THE...CAT AND MOUSE GAME WITH ARTICLES OF 2016, 2015, 5 YEARS, 4 YEARS ETC..ETC.. It absolutely makes no sense to confuse your own citizens along with the marketplace which promotes doubt in the IQD all together...so what central bank in the world other then Iraq operates this way? Why be deceptive over a neutral event? WHY? WHY? WHY?

News, Intel, Rumors and Opinions - October 24, 2014

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

http://www.dinarchronicles.com/intel

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Poppy3:

tiers...there are no tiers.   WE ARE ALL EQUAL. RATES WILL ALL BE EQUAL EXCEPT FOR WHAT DEALS WILL BE NEGOTIATED AT THE TIME OF EXCHANGE. NO BANKS CAN MAKE DEALS TILL THE RATE IS LIVE AND INTERNATIONAL. ALL THIS GCR **** IS JUST THAT **** YES SOME CURRENCIES WILL ADJUST BUT ONLY A FEW AND THAT WILL TAKE TIME ...LEGARDE  STATED SO HERSELF 6 MONTHS AGO. NO SUCH THING PERIOD.

WHEN THIS HAPPENS FOR SURE WE ALL WILL KNOW WITHIN HOURS AND THERE WILL NOT BE SOME PRIVILEGED FEW THAT KNOWS BEFORE ANYONE ELSE

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[I would think if Kawait is at $3.58 or so, Iraq would be the same or higher at some point.]
YEP CLOSE TO KUWAIT, AT SOME POINT WILL BE HIGHER.

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BGG:

the article...yesterday states "...the deletion of zeros from the Iraqi currency will be working by next year..."  for that to happen - as in... "...by next year..." they need a rate BEFORE NEXT YEAR - as in sometime soon - or THIS YEAR...and since this is late OCT - that leaves a very short window for them to get this project started.  

[I had thought the deletion of the 3 zeros could be the same as an RV, but I guess they are separate?]
Same - same - the deletion of the zero's is the whole project of "buying back" the notes... they have to have a rate to start things off.

News, Intel, Rumors and Opinions - October 20, 2014

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

http://www.dinarchronicles.com/intel

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TerryK:

FROM MY SOURCE ...I GOT IS THAT TUE NIGHT IS OUR NIGHT. 

WE SHALL SEE. 

IM ALSO HEARING THE DONG IS GOING TO BE VERY STONG.

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BGG:

There are no "baskets" - if and when the IQD adjusts - it will be all alone and on it's own merit

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tman23:

Barzani demands to transfer economic power from the public to the private sector which will move against political instability...and the conversation leading to Kurdistan in the REMOVAL of the 3 zeros before the end of the year...I was told this is one of the Kurds conditions to participate in Iraq government...The ESX plans on opening "by years end" and they will not open dealing in IQD and 3 zeros

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Abadi and the CoM can place whom ever they want in the CBI position and Maliki made that quite clear when he appointed Ismail, it is on record at the cabinet of Iraq...That said; the lifting of the zeros is more than just one mans decision and there is a board of directors of the CBI...The Boards members are involved in other financial institutions such as trade bank etc...And Trade Bank is operated by JP Morgan...so the governor of the cbi is not the only one that can or will push the botton to get this going.

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WE all know for a fact that all indicators point to an underlying monetary change that they are busy concealing from public view...AND the BIGGEST CONFIRMATION is ALL REQUIRED LAWS have been passed...otherwise why would Speaker Jabouri be questioning the zeros.

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TD:

I too have confirmed with my source that the last two remaining ministers have indeed been named and approved. 

Iraq's government is just a new born baby and just now making baby steps trying to find itself amid a whole host of problems and obstacles.

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Hub:

[The three zero's has to be deleted in order to lower the note count to 1billion dinars, the note count has to be lower in order for a RV.    .00086 is the rate so dropping 3 zeros = .86?]
it does not mean .86 cents, that is the multiplier for the 1166 dinar per dollar...the term dropping the zeros means bringing the value of the currency to an rv'ed rate.  

the thing to remember is a dinar is worth what a dinar is worth no matter the size of the note.

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Millionday:

IF THE ISX GOES GLOBAL ON THE 26TH THEY WILL NEED TO HAVE A REALITY RATE FOR FAIR TRADE WITH THE GLOBE.  

[can they open the ISX as stated and not trade global?]
I DONT KNOW...THEY MAY BE COMPLETELY READY AND THEY MAY NOT BE -- WE WILL HAVE TO SEE IF ALL GOES WELL AND THEY ARE DONE WITH ALL THEY WANT TO COMPLETE -- I KNOW THEIR GOAL IS TO OPEN TO A MARKET ECONOMY AND THAT IS PART OF IT.

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Poppy3:

THE ONLY THING BEING DISCUSSED BY THE GOI AND PARLIAMENT AT THIS POINT HAS ALL BEEN FINANCIAL IN REGARDS TO THE BUDGET AND GETTING ALL THEIR PROJECTS OF REBUILDING STARTED BACK. THIS IS GREAT AND THEY ARE FOCUSED ON FINANCIAL REFORM.  

EXPECT MORE GREAT MOVEMENT IN PROGRESS ALL THIS WEEK.

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Stryker:

BREAKING NEWS...GOVERNOR OF THE CENTRAL BANK FOR "ALSUMARIA NEWS': 

THE BUDGET WILL BE SENT TO PARLIAMENT DURING THE NEXT TWO DAYS.

News, Intel, Rumors and Opinions - October 18, 2014

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

http://www.dinarchronicles.com/intel

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wmawhite:

Breaking News...Ghaban Interior Minister, Obeidi Defense Minister: 

"BAGHDAD / NINA / House of Representatives voted in its session today to approve the nomination of the ministers of interior and defense.  A parliamentary source told the National Iraqi News Agency / NINA /: "The House of Representatives voted on the candidates for the Ministry of Interior, Mohammed Ghaban by 197 votes and Defense Minister Khaled al-Obeidi by 173 votes,"

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BGG:

[I know the ministers were voted on but does anyone know if they were sworn in as well?]
It appears they have been...given "confidence" by the Parliament is the biggest thing. 

It has been reported the Kurdish MP's were sworn in as well.  It is massive news.

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Millionday:

THEY HAVE MADE HUGE PROGRESS WITH SAFETY IN BAGHDAD.   THE EXPO IS GOING ON SO IT CANT BE TOO SCARY OR INSECURE...-- I KNOW IT ISNT IDEAL BUT SEEMS TO NOT STOP THE CONTRACT VISITS.

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tlm724:

this is hot off the presses at Parliament  "House of Representatives vote on the complete line-up. 

The House voted Directors held today Saturday, 18/10/2014, headed by Mr. Saleem al-Jubouri, head of the Council on the remaining ministries of government formation.  The ministers sworn in the presence of 261 deputies. They are: 

1. Mr. Rose Nuri Shaways / Deputy Prime Minister.

2. Mr. Mohammed Salem Ghaban / Minister of the Interior. 

3. Mr. Khalid tired Obeidi / Defense. 

4. Mr. Hoshyar Zebari / Minister of Finance..."

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Stryker:

FINALLY A FULL SEATED IRAQI GOVERNMENT. 

Our best chance in seeing the true value of the Iraqi Dinar is finally here. 

Today was the most historic day for Iraq under this new government headed up by Prime  Minister Haider al-Abadi. It was just September 8th,  a little over a month ago since Abadi and  he’s new cabinet was voted in with confidence as the New Government of Iraq and today he  has achieved the formation of the First Real Full Seated Iraq Government. Something Maliki  never did accomplish, nor did he ever want too!  

...all five Kurdish Ministers were sworn in today as well, making today  the most important and accomplished Parliament Session in the history of the New Republic of  Iraq. With all ministers now sworn in this gives Iraq a real Government since the liberation of  Iraq took place in 2003 and the formation of the new Iraqi Constitution October, 2005.

Parliament session has been lifted today to Monday the 22ed [Monday the 20th?], where we should start seeing  movement on all the stalled laws including and not limited to the HCL, and the 2014 budget  approval process. The Budget though should now be front and center in their upcoming  agendas. We will as always, wait to see but it all sure looks good to be moved forward since  the Federal Courts can not interfere anymore, it's all up the this new government and  parliament now. I for one have great confidence that they will do what needs done! 

As Iraqi dinar investors we have never been in a better spot, a true Iraqi democracy should  mean a global Iraq, with a global valued dinar.

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Poppy3:

OK WE GOT MINISTERS AND THEY ARE CONFIRMED. 

NEXT PROCESS IS TO IMPLEMENT FULL FINANCIAL REFORM PROCESS. THIS MEANS DRAW IN AND REMOVE ALL 3 ZERO NOTES IT ALSO MEANS TO ACCOMPLISH THIS THEY MUST ADD ENOUGH VALUE TO THE DINAR THAT PEOPLE WILL GAIN CONFIDENCE IN THEIR OWN CURRENCY AND START USING IT OVER THE USD. THEY HAVE BEEN REMOVING 3 ZERO NOTE FROM THE STREETS FOR A WHILE NOW BUT MILLIONS ARE STILL IN CIRCULATION AROUND THE WORLD SO THEY WILL NEED 24 TO 36 MONTHS BEFORE THEY STOP EXCHANGING THEM.

FROM WHERE WE ARE TODAY THE HURDLES ARE FEWER AND SMALLER THAN EVER BEFORE. 

THE BALL IS ROLLING DOWN HILL FOR US AT THIS POINT. THE SPEED AT WHICH THEY CAN GET THIS DONE HAS INCREASED AS WELL... 

THEY SAY THEY ARE GOING LIVE ON THE ISX IN JUST A FEW DAYS SO WE WILL BE ON ALERT EVERY MINUTE DAILY NOW AS THEY MOVE FORWARD. THEY HAVE RUN THEMSELVES OUT OF MONEY AND NEED THIS COMPLETED ASAP.  

TIME WILL TELL BUT MY EXPECTATION ARE HIGH THAT IT HAPPENS VERY QUICK.

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Kaperoni:

Article:
"Mladenov welcomed the completion of the process of government formation"

Quote:
"The United Nations Mission said in a statement: "the Mladenov welcomes the filling of vacant posts in the Government and the ministries of Interior, defence, finance, culture, tourism and migration, women and the State and the post of Deputy Prime Minister and their oath."

Good to see the UN step up and comment right away in support!