Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
...in true parliament fashion, after voting in Abadi tonight, they decided to take a week vacation.
Next order of business after they return will be the remainder of the 2014 budget...late next week.
Then the Presidency decided to adjourn the meeting to next Tuesday 16/09/2014...that is direct from Parliament website.
Iraq has had a problem for years doing nothing. Today is certainly progress.
I wanted to tell you all about a little tidbit...most are aware of the CBI, Maliki, and the charges against Shabibi and the recent decision to give him a 7 year sentence and removal of Turki etc. which we all know is nonsense and Abadi already said Maliki had no authority to do so... here is the tidbit:
Back in 2012 Abadi was on the finance committee who investigated Shabibi and his report stated no evidence of any mismanage or charges...in fact, Abadi was a signature on that report.
So, i would expect that Abadi will clear Shabibi soon.
So I think we will see many good things happen in the near future.
[So, we need the basket of laws passed for the rv? Parliament is adjourned until next Thursday...?]
No laws needed.
THEY WILL NOT TAKE A LOT OF TIME OFF.
THEY HAVE TO KEEP PUSHING FOR COMPLETION OF MANY PROJECTS THAT ARE COSTING THEM MILLIONS A DAY WHILE WAITING.
YOU WATCH HOW FAST THEY ARE BACK IN SESSION AND MOVING FORWARD.
...THEY HAVE A DIFFERENT LEADER AND A DIFFERENT FRAME OF MIND.
THIS GUY IS A WORKER AND HAS ALREADY PROVEN HIS ETHICS ARE IN PLACE.
HE WILL BRING US SOME COMPLETION IN THE NEXT FEW DAYS IF UNIMPAIRED.
...GOT TWO CALLS...BOTH SOLID CONTACTS INVOLVED FROM WASH [WASHINGTON]. THEY BOTH STATED ALMOST WORD FOR WORD WITHOUT KNOWING ONE ANOTHER.
THE TALK IS ISIS WILL BE DEFEATED IN IRAQ WITHIN DAYS...
THEY BOTH SAID BUDGET WILL BE IMPLEMENTED WITHIN A WEEK AND RV WILL SHOW WITHIN THE NEXT 10 DAYS TO TWO WEEKS ---- NOW THESE ARE RUMOR OR THE TALKS BEING STATED ON THE STREETS OF THE CITY.
SOUNDS VERY FACTUAL AND POSSIBLE TO ME.
I BELIEVE THIS TO BE LEGITIMATE SOLID INFORMATION BECAUSE IT IS VERY MUCH IN LINE WITH MANY OTHER REPORTS FROM INK MILLIONDAY HAS BEEN BRINGING DAILY FOR DAYS.
THE NEW GOVERNMENT WAS SWORN IN ---THEY VOTED AND THEN THEY WERE SWORN IN -- I RECEIVED...THE NAMES OF WHO WAS PUT IN FOR DEFENSE AND INTERIOR BUT...THEY WERE LEFT IN PROXY POSITION... IT MAKES NO DIFFERENCE BECAUSE --- THE FULL GOVERNMENT IS RECOGNIZED INTERNATIONALLY WITH PROXY POSITIONS IN PLACE --- THEY SAY THEY WILL SWEAR THEM IN NEXT WEEK -- WHICH MEANS THIS WEEK.
ABADI WILL HOLD THE POSITION OF ANY MINISTERIES THAT WAS NOT NAMED AND WILL HAVE THE NEW NAMES PLACED WITHIN ONE WEEK.
MALIKI...WAS SWORN IN AS VICE PRESIDENT.
THEY ARE STATING THAT THE DEMANDS OF THE KURDS ARE TO ALL BE MET WITHIN 3 MONTHS AND THE PAY IS TO BE WITHIN -- ONE WEEK.
HERE IS WHAT THEY MEAN WITH THE KURDISTAN PAYMENTS:
THEY WERE TO RECEIVE PAY FOR THE TROOPS AND ALSO THE CITIZENS WERE TO RECEIVE OIL PROCEEDS IN A -- % -- ALONG WITH THE REGION OF KURDISTAN -- A % -- FROM THE BUDGET AND AGREEMENT -- -- PAY WITHIN A WEEK IS AGREED ON.
IT WOULD BE PAID IN DINAR FOR THE CITIZENS IN COUNTRY AND EXCHANGEABLE FOR THE CITIZENS OUTSIDE IRAQ TO WHATEVER THE CURRENCY IS IN THE COUNTRY THEY ARE IN AT PRESENT.
THIS IS THE THING -- THE OIL IS PURCHASED IN US DOLLAR -- AND THEN EXCHANGED TO DINAR FOR DISTRIBUTION TO CITIZENS BECAUSE IT IS THE CURRENCY OF IRAQ -- IN ALL COUNTRIES IT IS EXCHANGED TO WHATEVER CURRENCY THEY USE FROM THE US DOLLAR THAT WAS PAID FOR THE OIL -- IF CITIZENS ARE IN WHATEVER COUNTRY IT WILL BE EXCHANGED IN THAT COUNTRY AT THE ATM -- OR BANK SO THEY CAN USE THE CURRENCY.
SO FOR THEM TO SAY THEY WILL BE PAID IN KURDISTAN IN A WEEK --- IT IS VERY EXCITING.
...THAT IS AN AGREEMENT MADE WITH THE KURDISTAN GOVERNMENT.
THEY WOULD HAVE TO BE INTERNATIONALLY RECOGNIZED AND EXCHANGEABLE TO MEET THAT GOAL.
THE BUDGET HAS BEEN CHANGED BY THE COMMITTEE AND IS TO GO TO MINISTERS AND THEN TO PARLIAMENT FOR PASSING.
THEY HAVE A FEW CHANGES THEY ARE MAKING... FINANCIAL CHANGES IN THE AMOUNTS USED.
THEY ARE SAYING THAT THE NEW GOV WANTS TO LOOK IT OVER AND WITH NO DELAY.
"APPLIED TO: Department of Commerce; Companies Registration Department, Sharjah to mediate the buying and selling of foreign currencies. DATED : 08/09/2014."
HERE IS A PLACEMENT WITHIN CBI FOR COMMERCE AND THE CURRENCY EXCHANGE FOR THE DEPARTMENT OF COMMERCE -- BUYING AND SELLING OF CURRENCY.
[it looks like the CBI is going to regulate currency exchange...and company registration...thru currency?]
THIS IS VERY INDICATIVE OF THE INTERNATIONAL RATES BEING SET TO A REALITY RATE -- YES.
It is the first day of a new era in Iraq. Maliki is no longer Prime Minister. It took 131 days from the date of the elections to "evict" him, but yesterday the Iraqi parliament voted upon the ministerial program and appointments of Haidar Abbadi, the new Prime Minister.
We continue to wait and watch for our liquidity event. Godspeed the completion of the Iraqi banking sector reform project.
FOR THOSE OF YOU CONCERNED THAT MALIKI COULD / WOULD ASSUME THE PRESIDENCY OF IRAQ AS A RESULT OF THE DEATH OF THE PRESIDENT, I SUBMIT THE FOLLOWING:
"In case the position of the President of the Republic becomes vacant for any reason, a new President shall be elected to complete the remaining period of the President’s term"