Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
What is the REAL holdup to the RV?
Posted by Kudu70 on August 19, 2014
Exo, From all the intel you are giving us plus others, here is what I see:
The US gov't says it won't allow the RV until a stable Iraqi Gov't is in place.
-Iraq has gone gang busters getting this done. They were going to announce everyone on Saturday. It didn't happen, and we haven't been told why.
-However, at the same time all of this banking system checks are going on, testing, confirmations, etc. (Utah now has TRNs)
-Obama says ISIS infestation is being thwarted, but still work to do.
-Now Iraq PM says next meetings will be next Tuesday 26th.
-So is the PTB just holding on and delaying?
-waiting for a 3 day weekend of Sept 1??
-waiting for the Sept 2 date of derivatives/Bail-ins as a distraction?
-Or are we truly really waiting on the Iraqi government?
-Or are there problems in the banking systems and they are asking for the delays? (The clues said they were pinging and testing, but did they say they were complete and successful?)
Just wondering if we are all 'falling' for the distraction of the Iraqi government, but that isn't the real issue Thanks
BREAKING NEWS: Aajl..musdr: Abadi, will present his cabinet to parliament next Monday
Posted by EXOGEN on Tuesday, 19 August / August 2014 15:29 [Baghdad-where]
Source revealed on Tuesday that Prime Minister-designate Haider Abadi will present his government to the House of Representatives next week.
The source told all of Iraq [where] that "Abadi will present his booth cabinet to parliament on Monday, Aug. 25, after the progress in political negotiations to form a government."
He was President Fuad Masum has stressed days ago on the need to form the next government, according to its specific constitutional ceiling.
The political blocs began Hawwartha after naming committees negotiating to form a government. "
The prime minister-designate Haider al-Abadi, announced last Sunday, he would reject any candidate of the political blocs for ministerial positions, unless a competent, integrity and good experience, as well as a program that will manage him and his ministry. "
According to political sources, the intention was to reducing its government and make it home to about 20 ministers instead of 30 in the current government.
Referred to the Supreme religious authority has called for, the political blocs in the House of Representatives to be at the level of their historical responsibilities in this difficult circumstance, and cooperate with the prime minister-designate, for the formation of a strong government and efficient has a clear program to address past mistakes, and realize the rights of all the people of all communities and components.
The Move to San representative in Karbala, Ahmed Safi in his Friday sermon, "The fight against financial and administrative corruption must be a priority for the new government, and the sheer size of the rampant corruption in the government, hampering any progress in the files of the security services and other" Ended
Next 3 day bank holiday in US is Aug 30 if that is what they want and Shabbi said a few yrs ago it would be on a 3 day holiday weeked
administrative corruption must be a priority for the new government
The Move to San representative in Karbala, Ahmed Safi in his Friday sermon, "The fight against financial and administrative corruption must be a priority for the new government, and the sheer size of the rampant corruption in the government, hampering any progress in the files of the security services
Guys there was an article that he would do this within 2 weeks and by the Iraqi constitution they have 30 days to form there government, Which end on the Sept 15th... People really need to read the articles on the forum and read between the lines. Whether you believe the news or not.
EXOGEN > BaNDiTo.RoX:
YES TECHNICALLY HE HAS UNTIL MID SEPTEMBER
Springs > EXOGEN:
Technically mid September is out there and all news on forming Iraq's new government does fall in each window. Iraq has moved forward days ahead of each schedule date. I really hope we do not have to wait another three weeks. But it looks like we will be on this same road in mid-September. Iraq must have a sitting government before the RV happens. So we wait to see how fast the new government can move.
The Gov't IS SEATED (from what I've been told).....Now WHEN Will Washington allow them to announce it (I don't know)!!!
Condor > G T:
GT you are correct that the government does not have to be seated for RV. You are also right that they already know who these people are. The announcement of fully seated government could happen at any minute. As could the RV announcement ! IMO
BREAKING NEWS: Three members of the Pope's family died in a tragic car accident in Argentina
Posted by EXOGEN on August 19, 2014
Zenit News Agency
BREAKING NEWS: Three members of the Pope's family died in a tragic car accident in Argentina. His nephew remains in critical condition. The Holy Father is greatly saddened by the news and has asked for prayers.
Statement by Fr. Lombardi: "The Pope has been informed of the tragic accident that occured in Argentina to some of his family members, he is profoundly saddened. He asks that all who share in his pain to join him in prayer."
Bangladesh keen to join BRICS Bank
Posted by BaNDiTo.RoX on August 19, 2014
Star Business Report
Bangladesh is willing to join the newly-formed BRICS Bank though the multilateral development bank is yet decide on whether it would include any country outside the five founder nations.
“We have decided to join BRICS Bank,” Finance Minister AMA Muhith told reporters after a meeting yesterday with Asian Development Bank Vice-President Lakshmi Venkatachalam at his secretariat.
Officially called the New Development Bank (NDB), it was formed in July 2013 by the emerging markets of Brazil, Russia, India, China and South Africa as an alternative to the US-dominated World Bank and International Monetary Fund.
Each of the five nations will initially contribute $10 billion to bring the bank's starting capital to $50 billion. Its primary focus of lending, scheduled to start in 2016, will be infrastructure projects.
However, NDB is yet to decide on whether it would give membership to any country other than its founder members.
Finance ministry sources said the Economic Relations Division has sent a letter to Bangladesh ambassadors in the five countries to enquire whether the country can join the bank.
Bangladesh has also communicated to Indian High Commissioner in Dhaka Pankaj Saran its willingness to become a member of NDB.
Great research BaNDiTo! Wow! There are many other countries wanting to join BRICS. That's great! We should follow this closely because if they do it make be a worthwhile investment if they still plan on using their own currency. Blessings!
Bangladesh, is one of the 'N-11'. They want to join BRICS. This will be something to follow. How many countries is it so far that have voiced that they would also like to join BRICS? Thank you, BaNDiTo.RoX!!
It should have gone today!
Posted by Oldschool on August 19, 2014 at 9:59pm
I do not know the logistics of why they stopped it. And I do not know Carden personally but his sources where right that it should have gone. Iraq is not the hold up. We still look really good this week. Hopefully we will have some answers tomorrow on why they needed more time.
We will just have to wait and see how this all plays out. I will not give a window because we always blow through those . I will give what I call hot days. The next 4 days are hot days.
We should see a lot of movement in those days. Pray we are finally about done with this ride.
This last weekend was slow from my sources so I hope that's a good thing . They have gone dark on me several times also when they had to!! Keep your chin up we are getting close!!
How long does it take, once the button is pushed to go through the Algorithm? PS...I think Exo's intel was right that the button was pushed and should have happened yesterday.
Now, I"m supposing EXO will have to go through all that pic intel again, letting us know when the button is pushed.
Oldschool > Donna Skinner:
You are right we were looking at Monday and Tuesday last week and they just keep kicking the can down the road.
We are awaiting FOREX in Australia, BUTTON was pushed but there was a GLITCH, again...
i believe glitches are resolved and it was a bit of a last-attempt to stall forex live rates, which it did, imo we COULD see the RV tomorrow...or tonight..as all testing is done...and many are on high-alert
Let's see if the rat trap works, and the cheese can no longer be moved..intel is merely that, until proven otherwise, and when the cheese is in the enemy's camp, it can be easily moved, at will...it's in our camp now though....
Goomba1 > T.O.T:
I was notified today that the Dinar Private Exchange Group in Reno, Nv. (DID NOT) Go as of yet ...
were still hearing good news, things are still moving forward...
"Abadi will present his booth cabinet to parliament on Monday, Aug. 25, after the progress in political negotiations to form a government."
Well this sounds good.
Next Monday we shall see.
"...said Dr. Majid academic economic Baidhani to call the bank for banks and companies come through the pursuit of the development of the payments system in Iraq..."
Maliki controlled everything.
It is good to see they were doing what they were suppose to do in preparation for the day Maliki was gone.
Let's hope that change is coming soon.
BTW, this article is referring to "project chunked" which is the electronic payment system that is now activated.
Which includes electronic payment, ACH (Automated Clearing House), credit cards, and phone banking.
"Baghdad Municipality obtained the approval of the Ministerial Committee for Services and Construction exceptions to the instructions and implementation of government contracts to refer business to prepare detailed designs for the project to develop the area surrounding the kindergarten Kazimiyah disinfectant radius of 500 square meters, and pointed out that"
UNDERSTAND THAT THEY ARE REFERRING TO GLOBAL CONTRACTS BEING LAUNCHED AND THAT IS WITHIN A FEW DAYS ---- HUGE...FINALLY GLOBAL CONTRACTS. THEY WILL OF COURSE WANT TO BUY AND INVEST AT A RATE THAT IS FAIR IN TRADE --- INTERNATIONALLY RECOGNIZED HAS NOT HAPPENED IN A LONG TIME...THERE CERTAINLY IS ALOT OF CHANGE ON THE WAY -- WE HAVE NO DATE OR RATE HOWEVER.
IT IS TIME FOR ALL BANKS TO HAVE IT ALL READY TO MOVE TO A MARKET ECONOMY AND ALSO TO IMPLEMENT THE CBI MONETARY POLICY.
THEY NEED TO USE ALL TOOLS AND RESOURCES THAT ARE AVAILABLE TO THEM.
THIS IS ALL TO ACTIVATE THE ECONOMIC REFORM NOT DREAM ABOUT IT.
THEY WILL HAVE MANY RESOURCES...AVAILABLE FOR ALL BANKS AND COMMUNICATION IS AVAILABLE FOR THE MONETARY POLICY LAUNCH FOR THE NEW IRAQ.
THEY ARE SAYING THE TIME IS NOW AND THERE IS NO REASON TO WAIT FOR ALL BANKING -- ON-LINE -- ATMS--MOBILE PHONES AND E-PAYMENTS AND WIRES -- ALL REQUIRING THE ENTIRE LAUNCH OF THE MONETARY POLICY AND INTERNATIONAL ACCEPTANCE.
IT WOULD HAVE TO REQUIRE A REALITY RATE WHEN THE INTERNATIONAL ACCEPTANCE AND CONTRACTS AND TRADE BEGIN.
THEY WILL HAVE TO MOVE FORWARD WITH THE REMOVAL OF THE THREE ZEROS AND THE REQUIRED VALUE OF THE DINAR --- OR IT WILL NOT EQUAL OUT WITH A COMPETITIVE TRADING PLATFORM.
THEY ARE TALKING ABOUT THE CONTRACTS BEING LAUNCHED NOW AND THAT THEY ARE READY BUT WE WILL WATCH THE ACTION.
"Speaker of the House presides over a meeting of the committee tasked to discuss the draft law of the Federal Court"
they proceeded with the second reading and have agreed to meet again on Wednesday.
there are two things about this that I like:
1. Jubouri is right there with them, he is showing his intentions to make this work
2. ...this law is of utmost importance, once they work out the details he will present it for a vote.
I just think it is great to see Jubouri front and center in this.
We should see the economic reform law as one of the first in line for the new GOI.
How can the CBI move forward with the currency reform without the laws in place to protect their great wealth?
As infrastructure grows it enhances Iraq's ability to get the wealth out of the ground, whether it be oil, gold or minerals.
The electronic system is now [in] place which was also necessary to move forward and with the help of the Lebanese Banks Iraq is moving forward with international banking standards. It makes sense that the final hurdle is the laws...we all want the RV, BUT I know there are steps that MUST be done to bring about that goal...get the different ministers all set and ready for the passage of the laws then rock and roll baby!
Parliament is holding session today and we wait to see if the budget gets brought up.
Designate Prime Minister Abadi will present his new cabinet to Parliament next Monday August 25th.