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Copyright 2015 - All Rights Reserved - DRT Distribution, LLC
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TNT:
Iko Ward: Forex just bounced back up on the Dinar to CBI rate of 1166. a new pattern.
TBone:
UN Operational rates publish on the 11th, or Friday, to become active on the 15th. Once again, there is a 48 hour window on either side of the 15th for the numbers to be revised and still be official for the 15th.
Zzzzzzzzzz: Abadi tweet translated from Twitter.... In accordance with the decisions of the council of ministers today, gives a choice the directors-General and undersecretaries and owners paid special degrees awarded allocation under special laws between receipt allocation granted under those laws or allotments granted under this resolution, and neither of them combine these Allocations.
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Sovereign Man - Notes From The Field September 8, 2015
Sovereign Valley Farm, Chile - Simon Black
"This Only Happens About Once In A Decade"
By late 2002, the national currency of Brazil (known as the "real") was practically in free fall.
In barely six weeks the real had lost nearly a quarter of its value, and in mid-October 2002, the real hit its weakest level in history at 4 per US dollar.
Thing is, the weakness in the Brazilian currency thirteen years ago wasn't based on any rational, objective data.
It's not like the Brazilian government had accumulated $18 trillion in debt, or another $42 trillion in unfunded liabilities.
In fact Brazil's debt to GDP ratio was less than 50% at the time (compared to over 200% for, say, Italy).
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KTFA:
Frank26: I left out three things from Your CC last night...... One was:
In the next 21 days ...... You will see something EPIC in Iraq. NEVER seen there before.
TINK is still bleeding but she finally ate last night and took two IVs. PRAISE GOD!!!
Thank You so much for all Your prayers and kind words.
PS............ We are back and oil supply is about to be REDUCED TO INCREASE ITS PRICE.
One more thing ..............(See Article Below) When have You EVER seen a GOI member ask to lift the THREE ZEROS and give them the LD's?
TEAM say the new policy is moving very fast. Days to hours ........ Not days to weeks. Interestingly good.
KTFA Frank
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aggiedad77 » September 8th, 2015, 10:27 am
Tuesday News Summaries and Commentaries
Today we see the Iraqi's getting set to "promote" bond sales....international bonds.....will they be in USD or Euros.....personally at this point I don't care.....I'm more interested in when they will try and sell them....this is a closely guarded secret for some reason.....just remember it doesn't happen on our timing.....or because of what we want.....
That is so far out of our control.....realize that and learn to live your life as it is intended to be lived.....help someone out today....maybe that someone is even yourself.....
Life is precious.....don't we all know that.....pray for those in need, lifting them to the Lord for despite all that is going on around us, He is still in control.
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TNT:
Iko Ward:
The world is feeling good this morning. China handed out the Kool Aid and everybody drank it down without so much as a kiss my foot. Good for us, not so good for your neighbor. Welcome to the 1%
Mountain Mole:
Next Monday is the day we must prepare for Sept 14. It's the end of the 7 year cycle and if you go back and look at 7 year cycles you will find the pattern it would be a great thing for this RV to go this week.
REI:
mountain, and don't forget the full moon and eclipse this month too!
Net Global:
GM. Today is supposed to be the day the Iraq bonds go on sale I think. So that tells me they dont need a RV to sell international bonds. They can sell the bonds under a difference currency other than dinar
UK Fan1972:
Net global : I'm interested in seeing what currency these Eurobonds will be purchased in.
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The below posts were in our 10am Newsletter
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Post From Wealthwatch.world Chat Room 9-7-15
Wealthwatch Late Night News / Links & Chat 9-7-15 Part 2 of 2
Abraham: '@Fit2beFit' and the sooner Maliki has been dealt with the better because as long as he is there he is a roadblock
Fit2beFit: '@Abraham' i disagree he is just a thorn the news uses to side step the real progression that is going on behind public view until ready
Abraham: If I am an investor and you say to be Maliki has stolen billions and he is still within the government how can I feel comfortable to invest in the Country!
Fit2beFit: he is not in the govt day to day growth, imo anymore
Abraham: '@Fit2beFit' the point is Maliki needs to be I behind bars period!
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Post From Wealthwatch.world Chat Room 9-7-15
Wealthwatch Late Night News / Links & Chat 9-7-15 Part 1 of 2
chattels: Aram Sheikh Mohammed: Practically, there is no Erbil-Baghdad oil agreement
chattels: rudaw.net/english/kurdist.
http://rudaw.net/english/kurdistan/07092015
chattels: Deputy Iraqi parliament head Aram Sheikh Mohammad, in an interview with Rudaw, sheds lights on Iraqi Prime Minister Haidar al-Abadi's extensive reform package to shrink the size of the federal government and tackle corruption in his administration.
Mohammad said the reforms eliminated three positions that were previously held by Kurds, and Kurdish representatives in Baghdad would not easily accept the decision. He also claimed the agreement between the Iraqi federal government and Kurdistan Regional Government (KRG) is over, and impractical.
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Millionday News Time 9/7/15 Part 2 of 2
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: NATIONAL GUARD LAW UPDATE
Millionday: Shaima Rashid is still the law of the National Guard face more obstacles for approval. At the time the law was close to recognition as part of the understandings of the formation of the government headed by Dr. Haider Abadi, which, the reform packages launched by the Prime Minister,
which political observers believe that one of the objectives of strengthening national cohesion, reconsidered in some articles of the draft law that could lead According to some parliamentary blocs to create armed forces that do not obeys General Command of the Armed Forces.
Millionday: NOTE --THE IMPORTANCE OF THE NATIONAL GUARD IS OBVIOUS
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Millionday News Time 9/7/15 Part 1 of 2
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: FIRST LET ME SAY SOMETHING BEFORE WE LOOK AT THIS
Millionday: MANY THINGS HAVE CHANGED IN IRAQ IN THE PAST MANY YEARS -- LAWS -- GOVERNMENT -- THE LIST IS LONG BUT ---
Millionday: ONE THING THAT SOME ARE NOT PAYING ENOUGH ATTENTION TO IMO IS THE INTERNATIONAL BANKING AND ACCOUNTING COMPLIANCE -- BASEL COMPLIANCE -- ETC
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Iraq poised to meet investors ahead of crucial bond sale - IFR
BY MICHAEL TURNER
LONDON, Sept 2 (IFR) - Iraq plans to begin marketing a new Eurobond following the Labor Day holiday in the U.S., according to several sources, as the sovereign hopes to issue in the capital markets for the first time in nearly a decade.
Representatives from the country are expected to meet investors across the U.S. and Europe ahead of the deal, which is likely to be unsecured.
Citigroup, Deutsche Bank and JP Morgan will be the lead managers, the sources said.
The U.S. Labour Day holiday is on Sept. 7.
The sovereign is seeking to raise up to US$6 billion through bond sales to relieve the pressure of low oil prices on state finances, though sources indicate this first deal will be much smaller.
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TNT:
T-Mac:
REUTERS says IRAQ "Eurobonds" go on sale Sept. 8 TOMORROW
http://www.iraq-businessnews.com/2015/09/03/iraq-ready-to-market-bonds%E2%80%8B/
T-Mac:
Now if someone would DEFINE "Eurobond" - I am HOPING it is an Iraq Bond pegged to the EURO and sold in the INTERNATIONAL MARKET -which means an R/V RATE
Mangelo:
T-MAC that would make sense to me!!!!!!
T-Mac:
mangelo: Well, if the "Eurobond" is considered an INTERNATIONAL SALE then I do not see how Iraq can delay an R/V ( but we have been wrong before)
UKFan1972:
The country issuing the Eurobond can sell them in whatever currency they choose to. For example...they can issue these Eurobonds, but sell them in USD...GBP
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Bgg roundtable 8/7/15 Part 2 of 2
WELCOME TO BGG ROUNDTABLE AT DINARUPDATES.COM
Pablo: Are they going to go ahead and vote on those laws tomorrow, or put them off again?
BGG says to Pablo: Pretty plain where the "hold-up" has been coming from - Iran thru her proxies (Maliki/Alak)...
BGG says to Pablo: No idea - but it is generally moving the right direction...
ddboys1626 says to BGG: """ I don't - bonds (on their best day) won't save them...it's something else...""" what do you think it is???
BGG says to ddboys1626: HAS TO BE BUYING POWER - end of story.
BGG says to ddboys1626: they can't borrow enogh to fix this. It's IMPOSSIBLE.
BGG says to ddboys1626: BUYING POWER = value added to the currency.
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Bgg roundtable 8/7/15 Part 1 of 2
WELCOME TO BGG ROUNDTABLE AT DINARUPDATES.COM
BGG: Great to see all you peeps here for our Round Table (mid-day) Chat...
BGG: To start with I wish to point out my current level of optimism with where we are right now. There seem to be significant reforms coming for Iraq, there are several critical laws "on deck" very soon...
BGG: and there seems to be a significant current of "independence" brewing in Iraq. This is good - because much of the ugliness going on there is influenced from outside.
BGG: I like it.
BGG: I-R-A-N
BGG : In fact, having said as much - why don't we start with that Huffpo article firefly just posted??
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Post From Wealthwatch.world Chat Room 9-7-15
Wealthwatch News / Links & Chat 9-7-15 Part 2 of 2
newbieDA: Note the Second question to the ministers of agriculture and water resources. (MP Khalid al-Asadi). Last time the questioned the Minister of Electricity, it screwed up the whole day too. So I can understand why no votes on Investment or National Guard Laws, and hopefully they do read the AML Law.
Oneness: if we get the aml ... just about all that really needed to go international
newbieDA: I am just hoping they read it
newbieDA: remember what I said, watch the agendas and the the results
newbieDA: we will see
newbieDA: I can say, I am glad to see the agenda
newbieDA: thought the calendar was broke lol
Oneness: lol
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Post From Wealthwatch.world Chat Room 9-7-15
Wealthwatch News / Links & Chat 9-7-15 Part 1 of 2
OOTW: PLEASE SEE THIS ARTICLE
OOTW: Iran, Iraq economic exchanges to rise $ 20 billion [Image: ShowPicture.aspx?ID=07e8f2fa-dff8-4cc2-a...5141005af8] Sunday, Sep 06, 2015[Image: spacer.gif] The Iranian Minister of Economic Affairs and Finance said that the trade volume between Iran and Iraq, including transit and tourism, is $ 12 billion, added:
This figure can be simply risen to $ 20 billion, and in the near future we will reach this goal.(SHADA: TEHRAN) -- After a 100-minute negotiation with his Iraqi counterpart, Ali Tayyebnia stated: In the meeting, we reviewed current economic relations between the two countries and talked about some of the difficulties and restrictions on banking trade and investment as well as solutions to solve them.
Saying that three basic agreements on customs cooperation, avoidance of double taxation, and foreign investment were discussed in the meeting, he added: Some of the documents will be signed.
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