| |
NOTE TO OUR EMAIL SUBSCRIBERS:
If you do not receive one or more of our emails, please check YOUR email spam or junk folder. Even though we run each email through a filter before sending, occasionally people have reported that it has been misdirected by their email systems. As a reminder, all our emails are available on our website
ARCHIVE
page. Bookmark this page now for future reference.
|
Our newsletter is a listing of all our blog posts. The newsletter is sent 2 or 3 times a day. Our email schedule is
HERE. If you cannot wait for the email, you can read our posts directly on our
BLOG PAGE throughout the day and night, or follow us on
TWITTER and get our blog posts tweeted to you between 10am - midnight (ET). Our Twitter name is DinarRecaps.
If you like this newsletter, share with others.
Enjoy our Recap Newsletter,
The Dinar Recaps Team
|
|
|
|
|
Stay Connected
|
|
|
|
|
Are you a Android device user having troubles with the Recaps website links?
CLICK HERE for a solution.
|
|
Copyright 2016 - All Rights Reserved - DRT Distribution, LLC
|
chattels: Market price declines to 1,262 on slightly higher sales of the USD
chattels: http://www.cbi.iq/documents/C.B.I.%20FOREIGN%20EXCHANGE.pdf
chattels: described the parliamentary finance committee member Husam punitive, IMF clause in his loan for Iraq to pay late dues oil to foreign companies operating in the country end of the year 2016 as "unjust".
chattels: postponed the Iraqi ports, on Tuesday, work tariff revenues, to the twenty - fifth of June this month.
chattels http://wealthwatch.world/showthread.php?tid=4771&page=5
chattels: Let the deflection, dodging and deferral if Iraqi responsibilities begin / continue !
~~~
|
KTFA:
Ty1: Frank I assume the mopping is setting the stage for the countrywide National Reconciliation whereby all Iraqi's will enjoy their new found civil and financial freedoms.
It's hard to have the National Reconciliation if some areas are still under siege? Thanks for all you do!
Frank26: That is 100% ............... CORRECT !!!
MOSUL !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
KTFA Frank
....
|
The United Nations confirms the escape of seven thousand Iraqis from Fallujah
Local Since 06.14.2016 at 09:12 (Baghdad time) Baghdad balances News
It declared responsible in the United Nations, that more than 7 thousands of Iraqis have fled Fallujah during the past few days over a secure corridor held by Iraqi forces working to open a passage else.
~~~
|
Iraq says IMF deal 'on track' as cabinet approves reform package
Iraq has approved measures requested by the International Monetary Fund to unlock loans that should help the country overcome a cash crunch caused by declining oil revenue, a senior government official said.
The agreement, reached last month between Iraq and the IMF, "is on track", Mudher Salih, an adviser on financial policy to Prime Minister Haider al-Abadi, told Reuters late on Sunday.
Among the measures approved are settling by the end of the year all arrears owed to foreign oil companies operating in Iraq, Salih said. He did not say how much was owed.
The OPEC nation sought budget support from the international community after a collapse in oil prices over the past two years. The drop in revenue that resulted caused the public deficit to widen and delayed payments to foreign oil producers.
~~~
|
The below posts were in our 6pm Newsletter
|
|
rcookie says():Integrity thwarted an attempt to steal seven billion and half of the bank letter of guarantee through a fake
Tuesday June 14, 2016 10:09 Alsumaria News / Baghdad Integrity Commission announced on Tuesday thwarted an attempt to steal 7 billion and a half of government bank through a forged letter of guarantee, while suggesting that he was arrested accused of the case in order to take legal proceedings against them.
The authority said in a statement seen Alsumaria News, he said, "Information has reached the Authority stating the existence of a letter of guarantee forged in the Rafidain Bank - Branch Alozyreh- 341 worth (7,500,000,000) dinars submitted by a Ministry of Industry and Minerals / State Company for Automotive Industry personnel.
|
|
TNT:
Kozmo: Just saw a report from Poppy that the tariffs are delayed 10 days until the 25th. Does anyone know what the signing of the tariffs means???
What does signing the tariffs mean????Can they sign tariffs without an RV???
Yada: kozmo,,the reforms, loans to Iraq, payments to Kawait, tariffs,,,,all tied to the rate increase in the value of the dinar,,
Airam: Kosmo........the tariffs needs the RV........THE RV doesn't need the tariffs.....JMO
....
|
Please click on the title for the complete article
|
Abadi's government, like the previous governments of Iraq, is a "national unity" government. Positions are distributed between different parties based on the number of each party's parliamentary seats. Ministers follow their party's instructions even when it comes to micro-management issues such as appointments and contracting.
This power-sharing arrangement is usually referred to by Iraqis as
Muhassessa
(apportionment). Its downside is that the prime minister cannot fully control his government or make sure that it is united behind a specific agenda. Maliki dealt with this problem by creating parallel bodies and staffing them with his loyalists, and by issuing directives to appoint under-ministerial senior staff in an acting capacity. He thereby created a kind of shadow state that circumvented constitutional limitations.
Abadi has sometimes resorted to similar methods in order to give himself more leeway in making decisions, but this has infuriated other parties, who then see him as "another Maliki." "We are not consulted, and we know about his decisions through media," noted one Shia official.
The KRG keeps accusing Baghdad of penalizing its population by delaying stipend payments to Kurdish government employees. The region continued exporting oil from its fields and from Kirkuk, which had been subjected to the de facto control of Kurdish forces; but the resources generated from those exports are still less than what the region secures from its share of the federal budget.
|
|
The Challenge of Being Iraq's Prime Minister Part 1
On April 30 and May 20, 2016, protesters, including supporters of Muqtada al-Sadr, breached the heavily fortied Green Zone in Baghdad that houses Iraq's Parliament as well as the prime minister's office. Challenging the Iraqi prime minister, Haider al-Abadi, and demanding reforms, the protesters were eventually confronted by security forces, leaving several dead.
Haider al-Abadi headed the new government that was voted into power by the parliament in September 2014. This new government was hailed by the United States; by Iraq's most powerful Shia cleric, Ayatollah Ali al-Sistani; by the prominent cleric Muqtada al-Sadr, and by most Kurdish and Sunni parties. The only voiced objections came from the former prime minister, Nouri al-Maliki, and his associates.
Ending Maliki's prime ministership became a necessity for all those parties, who saw him as a divisive figure with a legacy of exclusivist and authoritarian policies. The United States had played an important role in forcing Maliki out of office despite his sweeping victory in the April 2014 general election.
U.S. officials, including President Obama, had criticized Maliki for following policies that undermined the achievements of 2008, when cooperation between U.S. forces, the Iraqi government, and local Sunni fighters helped create a proper framework to undercut al-Qaeda in Iraq.
Likewise, Iraqi parties that had been critical of Maliki's authoritarian tendencies hoped that Abadi would abide by power-sharing agreements and govern in a more inclusive mode. The new prime minister promised to do so in his governmental program, announcing ambitious plans for national reconciliation, for improving relations between Iraqi communities, and for reforming state institutions.
|
|
KTFA:
Mountainman: Hey WS.......Do You think those REVENUES/WAGES will be at 1166 (WHEN) We can See them.......???........(see article below)
TIMING........Yes
With the BREXIT VOTE on June 23.....A Great Diversion of GLOBAL Eyes on the Brits, instead of IRAQ.....Yes IMO= A CONVERGENCE of Events.......as The IMF said,"ASYNCHRONOUSLY".......
(THEY) sure are Leading this NEW REALITY.....Step by Step.....PIECE By Piece......IMO
Blessings,Mountainman (8)=New Beginnings......for the GLOBAL DOMINOES to Fall....
....
|
|
The below posts were in our 10 am Newsletter
|
|
Note: It seems that several sites are down this morning. TNT, WSOMN, and Wingit appear to be having technical difficulties....
WSOMN:
Beloved: Lost are you listening to Frank's call
Lostnq8: Beloved...yes.
Lostnq8: The IMF requires they borrow to follow a program aimed and meeting certain goals. RV is the only requirement of Iraq.
Steps are being accomplished according to the afore signed LOI (Letter of Intent)
Now Abadi is turning his attention to his citizens. He gave them a pep talk. The management of the financial resources are based on the oil revenue. wink wink
When oil is at fifty five dollars a barrel, things will change.
RaginCajun: lost- is he saying we need $55 on oil
Lostng8: Thats what the LOI says. that is about to happen very soon.
....
|
The banking sector .. actually required reform
6/13/2016 0:00 Abdul Zahra Mohammed Hindawi , despite the acquisition of a larger area of the banking landscape in Iraq, but the government banks are still facing a lot of challenges that have prevented the performance of their active role in the development of construction required in the country 's process, especially with the intensification of the financial crisis and the government 's efforts to meet the registered in the budget deficit by resorting to external borrowing and the issuance of bonds ..
Perhaps the bold step taken recently by the cabinet and of exempting government banks managers an agricultural, industrial and Iraqi trade and Rafidain bank represents a new beginning to change the reality of these banks, which was over the past years -
also stresses involved in the banking sector - ineffective but, some believe it was disruptive to some of the important steps that could increase the effectiveness of the banking sector , public and private , both .. this case Find a negative environment that has alienated the private sector banks to contribute to the investment process, as long as through private banks ,
~~~
|
Central Bank announces developed mainly anti-money laundering unit
13/06/2016 11:02 | Direction Press / Baghdad The central bank announced the development of specific anti-money laundering unit, pointing out that "the process of activated to keep up with local and international requirements."
A statement of the bank, got "direction Press" a copy of it, from the province and the agency on the Keywords saying during a meeting in his office 15 graduates recently completed a training course, set up own them , theAssociation of Banks in collaboration with Iraqna ACAMS the world,
and received a specialist degree in thefield of combating money laundering and financing terrorism that " the subject of the fight against money laundering is a fundamental criterion for dealing with any bank, because it reflects the work of the bank in terms of financial integrity and professional and ethical work".
~~~
|
Federal Court postpones consideration of a case two sessions of parliament to 28 this month
13/06/2016 10:38 | Direction Press / Baghdad The Federal Supreme Court decided on Monday to postpone consideration of a lawsuit challenging the two sessions of Council meetings, the House of Representatives in the month of April, the 28th of the current month.
The spokesman for the judiciary, Abdul Sattar Bayraktar said in a statement "the trend Press" obtained a copy of it today, "The Supreme Federal Court held its hearing for the appeal submitted to the constitutionality of two sessions of the House of Representatives for the month of April."
He added that "the meeting saw the chanting was sworn in for the five experts who were elected," noting that "experts told the court duties, and gave them permission to enter the House of Representatives in the detection site."
~~~
|
rcookie says():Preparing a Deposit Insurance Scheme which stipulates the establishment of a corporation to be licensed by the CBI, of which banks will have the opportunity to take a share in the capital;
jimplants says():when i said done they are in compliance and have done the step they are on
da58 says():done
jimplants says():DONE
rcookie says():YEP
subgirl says():done
strkrfan13 says():def. done
nahner says():I Think They are DONE
david334 says():Soveriegn Credit rating
~~~
|
SRW says():How is Article 8 accomplished?
rcookie says to SRW():THE CRITERIA FOR ARTICLE VIII WAS MET AND ACCEPTED IN 2013..AND BREACHED....WE HAVE PAINSTAINGLY PUT THE ARTICLE VIII PROCESS AND STATUS UP FOR DISCUSSION...IT IS NOT A SECRET ...COMPLETELY CLEAR & TRANSPARENT...
david334 says():There was a scheduled date to recieve to first part of the big umbrella. $5.4 bil \
rcookie says to david334():NO....THERE WAS NOT...
wmawhite says to david334():correct......those are the SDR loans from the IMF
nothing to do with Article 8
rcookie says to david334():THERE ARE CONDITIONAL CRITERIA YET TO BE MET....AND MOST OF WHICH REQUIRE LAWS TO BE AMENDED AND VOTE...WHICH REQUIRES PARLIAMENT BACK TO WORK...
~~~
|
NEWSTIME WITH RCOOKIE and MR. WHITE Monday, June 13, 2016
Hutch says():HELLO FOLKS AND WELCOME TO NEWSTIME WITH RCOOKIE !
RCOOKIE ! THE NEWS HAS BEEN TREMENDOUS LATELY... WHAT IS COOKING FOR TONIGHT?
PARDON THE PUN
rcookie says():OK...SO WE'RE GOING TO START OFF BY TALKING ABOUT SOME OF THE TREMENDOUS PROGRESS TOWARD IMF INITIATIVES IN THE 2016 LETTER OF INTENT..MEMORANDUM OF ECONO MIC AND FINANCIAL POLICIES AND TECHNICAL MOU WE HAVE SEEN IN LAST 7-10 DAYS....
rcookie says():IT HAS BEEN OVERWHELMING AND NEEDS TO BE LOOKED AND AND ALIGNED WITH THE NEWS WE HAVE BEEN SEEING INCLUDING TODAYS...
SO.....WHO CAN TELL US THE 4 THINGS WE HAVE SEEN COMPLETED AND CHECKED OFF IRAQS CHECKLIST IN LAST 10 DAYS..OR LESS..
~~~
|
chattels: Iraq 4,000 flee Fallujah through safe corridor By Rudaw
http://rudaw.net/english/middleeast/iraq/120620164
chattels: We expect thousands more to be able to leave in the coming days,"
chattels: More than 20,000 people have been able to escape the city since the offensive began in late May, very few of them from the city of the centre. The United Nations estimates that up to 90,000 may still be trapped.
~~~
|
|
|
|
Copyright © 2016 - All Rights Reserved - DRT Distribution, LLC
DISCLAIMER: We do not endorse, support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted or otherwise contained on Dinarrecaps.com or any Dinar Recaps Twitter or Facebook account or Dinar Recaps email or newsletter or post or any related or affiliated website or Twitter account (collectively, the "Website"). We do not endorse any opinions expressed on the Website. Dinar Recaps is not a registered investment advisor, broker dealer, banker or currency dealer and as such, no information on the Website or Email newsletter should be construed as investment advice. We do not intend to and are not providing financial, legal, tax, political or any other advice to any reader of the Website. This site is merely for informational-entertainment purposes. It is not the purpose or intention of this site to influence any person to purchase or sell Iraqi Dinars or any other currency. Do not buy, sell, trade or hold any Iraqi Dinars or any stocks, bonds, other currencies, or commodities based upon any postings or messages on the Website or referenced on the Website. You should seek and rely on the advice of licensed and registered financial, legal and tax advisers of your choice. The owners or operators of the Website shall be all be held harmless for any/all information posted on this site and Twitter account(s) and email newsletter(s). Any and all information contained herein shall be construed as "Rumor." The owners and operators of the Website site shall not be held responsible for any information contained hereon including information provided by others.
|
|
|
|
