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Post From Dinar Updates
Chat Room Excerpts & Highlights
rcookie says():Large fiscal deficit: IMF is expected in the Gulf States. Tough choices
An economy Since 2016-10-28 at 17:10 (Baghdad time)
Scales-up news The IMF in his League about the prospects for the economy "that falling oil prices and the continuing conflicts constitute a burden on the Middle East and North Africa, Afghanistan, Pakistan and Iraq wars and especially with Libya, Syria and Yemen, where the expected growth will not exceed 3.5 per cent barrier through 2016 that rises slightly to 4.5 in 2017, while the indicators carry a lot of uncertainty amid oil price volatility.
As you guessed, his fund Wednesday from Dubai, financial controls and the liquidity shortage "larger-than-expected negative impact" on growth, coupled with concern about the Chinese economic slowdown and tightening of us monetary policy. In all cases, the report predicted that large deficits remain despite recently announced austerity measures.
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Post From Dinar Updates
Chat Room Excerpts & Highlights
wickedwitch1 says():I realize a dinar is a dinar and always will be. I do have a question about something I don't understand. After the RV, if an iraq citizen has a 25,000 note and the rate is 1:1, will it have the purchasing power of 25,000 dollars?
wickedwitch1 says():I'm sorry if I asked an inappropriate question. I'm not guessing at a rate, just trying to figure out how this will affect the citizens of Iraq.
Ame9632557644 says to wickedwitch1():the answer is yes Witch
Ame9632557644 says():if teh rate is 1 to 1 then 1 dinar = 1 dollar so 25K Dinar is 25K Dollars
Ame9632557644 says():remember I said IF the rate is
Ame9632557644 says():then if 1 dinar =1 dollar it will be 25K
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KTFA:
Upstart: Give me Moooosul ! Ok folks, here are my thoughts.....(See article Below)
You may think this is just a report about the ongoing internal political bickering around Maliki and his cohorts, but this is why we need to read EVERY word.
I do recall that in the build up to the operation to retake Mosul, Sadr agreed to stop the demonstrations in Baghdad, until AFTER the liberation of Mosul.
Yesterday (Friday) I saw a report that Tahrir Square was being cordoned off again, in the fashion that we became accustomed to when Sadr held his regular gatherings..... Hmmm, wonder why ?
Then I saw this latest report (see below) and spotted the mention of our dearly beloved Sadr, which I have highlighted for emphasis.
Are you with me on this ?
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KTFA:
Frank asks a question tonight: See Video Below:
Cole: 2nd one IMO... (answering your question on the end of your video) they have already lifted the 3 zeroes and that WAS lifting of article 8
7-FA: I agree
PappaJ: DITTO 7-FA!!!! PATTERN IS THAT THEY LOVE TO DO THINGS ON THE 7TH AND SHOW ON 8TH! WHAT BETTER SQUIRREL THAN THE US ELECTION AND IT'S SURROUNDING DRAMA'S- GREAT ONE TODAY!!!!
I WOULD LOVE TO DO ANALYSIS ON THE ELECTION AND HOW IT IS PLAYING OUT INTERFACING WORLD EVENTS OF COURSE ALL IMO!!! PJ
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The below posts were in our 6pm newsletter
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subgirl says to clay():Not only will vertical building help to minimize urban spread in Basra, but it will help to make efficient use of space in what AMBS Architects calls one of the fastest growing business centers in the world, and one where space is at a premium.
This thinking is baked into a downtown masterplan commissioned by the Basra Governorate, which seeks to maximize the city's capacity by 2025. The Bride will be the centerpiece of this masterplan.
The project began in 2014, but has been kept confidential until now for security purposes. It will cover an area of 1,550,000 sq m (16,700,000 sq ft) and the firm is at pains to make clear that, not only is it a vertical city rather than a tower, but its planned height of 1,152 m (3,789 ft) - which would make it the world's tallest building by a substantial margin - should also not overshadow its other innovations
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subgirl says():United Nations warns of environmental hazards in Mosul
2016-10-28 United Nations Environment Organization announced Thursday 27 October registration of environmental damage caused by the burning of oil installations and factories ISIS militants, with the start of a recovery from the grip.
It said they "identified 19 oil wells ablaze following the launch of military operations to regain control of Mosul and burning stockpiles of sulfur dioxide in an industrial facility, which led to the formation of large toxic cloud", according to the organization.
And organization of ISIS, who seized two years ago, the city of Mosul to ignite fires in an attempt to disable satellites and aerial attacks, but to no avail, according to analysts.
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BREAKING: The Chinese Yuan Becomes Official Currency in Zimbabwe
by Mathew Ogunsina
This is another milestone set by Beijing to be in the court of the great powers, those whose currency refers. As of January 1, the yuan (or remimbi) rub shoulders with the US dollar, South African rand and the Botswana pula in the pockets of the people of Zimbabwe.
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Notes From The Field By Simon Black
October 28, 2016 Chiredzi, Zimbabwe
Zimbabwe Goes Down The Path Of Hyperinflation... Again
Some people just don't learn.
After becoming the most famous case of hyperinflation in modern history roughly ten years ago, Zimbabwe is about to have another go at conjuring paper money out of thin air.
I'm sure this time will be different.
You know the story. Starting in the late 1990s, the Zimbabwe government's policies under Robert Mugabe began to have some devastating effects.
He confiscated private property from established (mostly white) farmers and redistributed the land in very tiny tracts to his supporters, most of whom had no experience in farming.
Unsurprisingly, Zimbabwe's once-booming agriculture exports collapsed almost overnight.
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KTFA:
Cole: Don't mean to gang up on admin for sensitive and highly confidential questions... but I feel this is the question floating around in just about everyone's head IMO... are we in the 3 days till release? You don't have to answer... just agreeing with hootowl. LINK .. I guess we will find out soon enough IMO... ok I'm bouncing off the walls sorry fam... I'm cool and collect... like fonzie
Frank26: LOL .................. You Funny.....3 days ....... 10 days ............. A month ........... End of December ........... We do not focus on a DATE but STUDY these days and their events. Which IMO have been substantial in our evaluation.
The RI is INTERNAL and a NEUTRAL event i keep TEACHING. IOO .(in our opinion) .......... The gradual IQD increase is occurring but not familiar to a majority.
Yes IOO at any moment they can surprise us .......... The International Investors ............ But not until their RI phase is complete and we said the Mosul Liberation is but ONE of these RI Steps.
Wednesday night into last night TEAMS flooded me with ............... Stuff. Am giving it all deep thought and consideration on what to SHARE on MONDAY CC.
IOO ............ FAMILY needs to LEARN Arabic Word Definitions. We will SHARE some tonight on TEAM CHAT and some more on M CC. Constant Prayer is our protection from want and the realization of patience's.
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Post From Peoples Dinar
Stevel Comments
dadonine said: Steve, may I respectfully ask a question I am confident many others have on our minds but may be too timid to ask???
I was wondering if you are going to try to make contact with your contacts over there and get their perspective on this latest tantalizing tidbit from the news, and then maybe, perhaps, give us an update from your perspective? Blessings On YOU!
Stevel: I was not going to do that until Mosul was almost done. We need that done first.
I had a talk with a few of my guys, and they all agree that it sounds like the process has started but not made official yet. I have a few more people to talk to yet to get their take on this.
I like the article a lot.
I read this many times and will bring to your attention what I found very interesting or positive.
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Late Thursday Night:
KTFA:
RE:
Thursday CC Notes
Quote: Frank26: If you read the article (picture with the 100 USD note) ... and if you could read the Arabic CBI website ... they are telling you they have raised the value of the IQD under the cover of Mosul.
Hootowl: is the rate posted and we can,t see it.....and do they have three days now to release it internationally?
Cole: Im gonna agree with hootowl... are we in those 3 days? Hasn't it already been at least 2???? IMO... I hope I'm right lol!!!
Jay: I know Cole..Its SOOOO AWESHUM...lol Praise our heavenly Father.
Idk when the clock would start. I don't remember if the cbi has to announce it publicly or if they had to announce it to the citizens and then the clock started. I forget...lol
Either way I like BEFORE NOVEMBER and THEY CHANGED THE VALUE ALREADY...AS PER THE CBI LEAK.... SO ITS ON LIKE DONKEY KONG...IMO. I think we are just waiting for them to tell us. imo
Cole: You said it!!! Wow!!!! Praise the LORD!!!! It's already done and set in stone! One night we will (not be sleeping because of things that we know) and then suddenly then BAM!!!!
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