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6pm October 18th, 2015

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Table of Contents


  
Thoughts From Enorrsste Emailed To Dinar Recaps
Monetary Policies in Iraq and Proposals for the next phase applications
The unveiled pessimism among several of our members is certainly understandable.  We are all, or at least most of us, frustrated that the CBI has seemed to be unable to move "around the corner" leading to a rise in the value of the dinar. 
 
Still, this article for once outlines in detail, even though it is diffcult to understand in places, the fact that the CBI definitely has a plan and that the plan includes, first, stabilizing the dinar rate, then second, raising the rate, and, third, eventually removing the large notes from circulation ( a clear goal of at least $1 for the dinar).
Therefore, if nothing else, this article is a confirmation that the overall plan remains in place in spite of the obvious drawbacks.
~~~

  
Post From Currency Chatter 

G-Lin:    [I'M NOT CLEAR ON WHAT THIS IS SAYING] OPINIONS?

 Released Cash Is Used To Bridge The Fiscal Deficit

10/18/2015 0:00   BAGHDAD - Imad emirate  is the return of the cash release of important issues that have a lot of implications of an economic, political and institutional significance, and there is disagreement about how to measure it and receiving it and how it is distributed.
 
In general, it is significantly associated purpose of carrying out the version that is monopolized by the government or monetary authority according to the legal and political conditions prevailing.
 
In this context, the economic expert Dr. said. Falah Thuwaini :. The majority of economists agree that the return on cash release is one of the ways in which the government uses to finance its budget deficit.
 ~~~

  
  
TNT:

Elmerf123456: 
The shakeout in emerging markets may have claimed the scalp of one of Wall Street's most successful investors. The Wall Street Journal reported on Saturday that Michael Novogratz recently decamped from Fortress Investment Group and shuttered his macro hedge fund amid turmoil in Brazil.

According to the publication, Novogratz lost about $100 million in the last two months alone, and came on the heels of a $150 million bath the fund took on a wrong bet placed on the Swiss franc.

Elmerf123456: 
I reported Fortress issues last week. Well now you know the rest of the story! Derivative failure ! Yes it's happening

Darlindo:
  hi elmer123456, do you know if "shuttered" means everybody got their money back? Ty

Elmerf123456:
  Nope LOST!..... That makes 7 Huge Hedge Funds done now!... I'm very interested to see how this plays in the market tomorrow. Can't prop it up forever.
....

  
aggiedad77 » October 18th, 2015, 9:35 am  * 

Sunday News Summaries and Commentaries

Well from the sound of initial reports we should be hearing that the COM approved the budget today and will be forwarding it on to Parliament where there is a request to keep political differences away from the budget process and get this budget approved as quickly as possible.....well I'm not holding my breath yet for that to happen.....be looking today for a vote on the Investment Law by Parliament if they hold true to their word.

Parliament plans to prevent journalists from entering the premises

Now I don't believe there is any intent to "hide" things from the media with regard to this action being taken by Parliament.....but perhaps this is an additional security measure taken as a result of recent reform efforts from PM Abadi where security teams for Parliament members have been reduced in size.....
....


The below posts were in our 11am newsletter

Millionday Newstime  10/17/15  Part 2 of 2

Millionday Newstime  10/17/15  Part 2 of 2
Welcome to dinarupdates.com for News Time with Millionday!!
 
 
Millionday: NOTE -- THIS ALSO IS CONFIRMING CITIZENS OF DEVELOPMENT ON THE WAY --- BENEFITS ETC

Millionday: Economic Adviser to the Prime Minister, Haider al-Abadi revealed, on Friday went to unify the national pension for the public and private sectors Fund as part of the social safety net,
 
while counting that of "non-equity" not covered by private sector workers to retire, he stressed that the government aspires to up the contribution of production local to 50 percent in 2030 to be the "president" of the market operator and not the state.

Millionday: He said the appearance of Mohammed Saleh, said in an interview to the (long-Presse), "The government is about the unification of the national pension fund to include the public and private sectors", he returned to the "non-equity inclusion of four million and 500 thousand government employees to retire, and not covered by workers private retirement sector."
 ~~~
 
 

Millionday Newstime  10/17/15  Part 1 of 2

Millionday Newstime  10/17/15  Part 1 of 2
Welcome to dinarupdates.com for News Time with Millionday!!
 
Millionday: NOTE -- THIS IS TO BEGIN THIS WEEK ACCORDING TO THIS REPORT
 
Millionday: Announced the Agricultural Bank, Sunday, announced the launch of loans to citizens during the current week, indicating that the bank will be adopted for the first time on the "electronic loan" mechanism in the granting of loans to citizens.

Millionday: He said the bank director Mohammad Hadi in an interview with the program "of 10 of 11," which aired "Alsumaria TV", that "granted bank loans to citizens will begin after the central bank governor to sign a contract signed by the Minister of Finance on the loan," noting that "during this week Loans will be granted to applicants it.
 
Millionday: NOTE -- THEY ANNOUNCED THIS TO THE CITIZENS ON TV
 ~~~
 
 

KTFA:

Frank26:
  Qt Family:   How is it possible that IRAN is doing MANY sanction things BEFORE they LIFT their SANCTIONS?

Baker:  Frank are the sanctions lifted and we just do not know this yet?

Frank26:  No ........ Not officially lifted yet........ Yet at this end they too reach for a ......... Moon....... Planet.   Ponder Please.

Wishes: Frank, i think its already lifted, its just not announce to the public yet, maybe they're in the LL waiting for Iraq to move first?

Frank26:  Lifted not by Officials but by ........ Slight of HandS.   Ponder Please ........ TY for posting Friend.......
....


 

Wealthwatch Saturday Evening Member Chat  10-17-15 

1 Comment

Post From Wealthwatch.world Chat Room  10-17-15
Wealthwatch Saturday Evening Member Chat  10-17-15 

whitelions: Surprise .. Toyota Announces: 9 thousand SUV with Daash Sold as "Nuri al-Maliki".........News Rafha in unexpected surprise announced that Toyota Motor Corporation for the purchase of a bill for 10 thousand of its cars with four-wheel drive, it was on behalf of the former Iraqi Prime Minister Nuri al-Maliki.

Sources said that al-Maliki had bought a car for use by security units and teams guard and some units of the army, however, After the control of the terrorist organization Daash on Tikrit and Mosul and Nineveh he got the car 9 thousand of them, and became used in Iraq and in his travels in Syria, according to the "Lebanese homes www.theiqdteam.com/blog/s...
~~~

 
 

 

 
Stage3Alpha:

Beny:  DO YOU REMEMBERED ABOUT BAD NEWS PEOPLE? LOL

CHINA WON'T JOIN IMF RESERVE BASKET UNTIL SEPTEMBER 2016

Click on the link and see it with yourself.....

AND THE BAD NEWS IS NOT STOPPING HERE. 

REMEMBERED MY LAST POSTING? 

KEEP THE FAITH.....KEEP THE FAITH....KEEP THE FAITH.

HINT, HINT, HINT, HINT, HINT, HINT, HINT, HINT, HINT, HINT, 
....


 

KTFA:

Aggiedad77: 
Family, pay attention to what the news media is wanting to share with you these days.....I suddenly get a sense of a great change.....

Change from cover ups and deeply hidden masks of what was going on with the former government, the obvious graft and corruption that was so rampant and the very government that was taking all the money also controlled the media to a large extent and that which they didn't control they kept at bay with evil threats.....

Today though we witness I think a new awakening.....things like this article that speaks to real economic development....speaks to the growth of the private sector in terms of reality, not just words but actions that are taking place right in front of us...
....