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Dinar Chronicles is now allowing viewers to guest post. If you wish to speak your mind and write a post/article about the current situation relating to Iraq, the RV, the GCR and so on. You may now send in an entry.

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Featured Post

ZAP's Mid-Week Report - The Office of POOFness - 12.7.16

Subject: Mid-Week by ZAP from "The Office of Poofness" From: "The Office of Poofness" < 2goforth@humanus.ca > Date...

Friday, October 14, 2016

Dinarland Highlights for October 13, 2016

Dinarland Highlights - 10.13.16

Kaperoni


Article:
"Iraqi cleric Sadr calls for protest against Maliki's comeback"

Quote:
"Powerful Shi'ite cleric Moqtada al-Sadr on Wednesday called for a demonstration against a Iraqi court ruling that returns his bitter rival, ex-prime minister Nuri al-Maliki, to a vice-presidential position."
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Mountain Goat


Article quote:
"IMF for Member States pledged to the International Monetary Fund to revive global trade and promote government spending and the removal of restrictions that inhibit the business sector in order to support growth."

To me this is so very important because it is telling us that global financial officials want the dinar as the means of payment for ease to trade with Iraq on an international level. ...but how can they keep going to the auctions to exchange dinar for dollars to conduct trade? You see they must get out of their “closed economy” and the financial experts this week told them this must be done and be done soon. How much longer can they wait.

...remember that Iraq goes for a review before the WTO on their application for full membership in November. I also want to remind everyone there is extreme pressure coming from neighboring countries in the middle east with Iraq to get out of this “closed economy” as it is hurting their trading partners. So its not even just the international financial community but neighboring trading partners as well.
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Aggiedad77

[Iraq is broke, and borrwing money from everyone..how could the Iraqi banks ever change to $3.71?]

MY TAKE ON IRAQ AND THE NEED TO BORROW MONEY (USD?) IS THE REQUIREMENT TO STAY SOLVENT. ONCE THE RV TAKES PLAY THE VALUE OF IRAQI DINAR THEY HOLD IN THEIR VAULTS WILL MORE THAN COVER ANY LOANS. RIGHT NOW, IMO, IT IS ALL A SHELL GAME.
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rcookie

Article:
"The IMF praised Wednesday progress made by Iraq in implementing economic reforms."

SO...HERE ONCE AGAIN FURTHER CONFIRMATION ON IMF SATISFACTION OF IRAQS ECONOMIC REFORM ACTIONS...WHICH WILL BE TRANSPARENTLY DISPLAYED FURTHER WHEN THE 2017 BUDGET LAW IS MADE PUBLIC OPENING THE WAY FOR THE HUGE SBA UMBRELLA...
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ADMINBILL

SHORT AND SWEET THIS MORNING. INFORMATION (RUMORS) SUGGEST THAT THERE MAY BE SOME SORT OF DEADLINE THAT NEEDS TO BE MET FRIDAY. OTHERS MENTION SATURDAY. WHAT DOES THAT ACTUALLY MEAN? THERE IS A POSSIBILITY OF CONTRACTUAL REQUIREMENTS THAT NEED TO BE CONCLUDED.
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Mountain Goat

Remember the e-dinar?

...Iraq is now entering into the first phase of the project implementation as announced this week. I feel this is the beta test before they open the e-dinar up to all of Iraq. This will mean an end to the corruption associated with payment of salaries and maybe some of the funds will not get in the hands of the people. This all good for Iraq and is yet another one of the goals set in the MOU last January with Iraq by the IMF. This is exactly the progress we need to see. We also heard in previous news they intend to load each card with up to 10 million dinar ($8,400+ USD).
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Randy Koonce


Iraq wants to RV, and they tell us this all the time in the paper...They will tell us they are opening the budget, but do not. They tell us they are going to start the Tariffs, but they don't.  They tell us that they are getting loans to do massive building, but for some reason there is still nothing going on...They keep telling us that they have approved the oil law... but they never enact it...And after this repeated pattern of information, they then sit quietly for a while and they start the whole process up again. OK. So, what is the one Key that is required to do all these things? The RV! Why? Because it takes money that is worth more than the paper it is printed on. So even tho you are disappointed it has not happened yet, there is one more common 'key' that is mixed in with this repeated process. And that is Obama... He has a reason for not doing it just yet, and he has kept Iraq and the world at bay with this RV...We have information that comes from good sources; it is the best we can do.

I know a bunch of you believe there will be a basket going but that is not right. There will be different ones going, but they all will be within a month or even two. And, we do not know which way they are going except that of Iraq... and there is a strong chance for the Iran Rial...I need everyone to breathe and do not get anxious and do not give up even if it keeps going...Iraq will have to do those things I listed above and cannot do any of them without an RV....We are close.. Every large bank will exchange... RELAX the RV is coming...Breathe...
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Adam Montana


[...do your contacts have any idea if the DInar will ever RV?]

...nobody knows if it will ever hit, much less exactly when. I'm not throwing my hand in yet! I'm very positive on the recent progress.
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rcookie


Article quote:
"Finance Committee in the House of Representatives confirmed on Wednesday that the financial umbrella provided by the agreement with the International Monetary Fund and World Bank, which will contribute to the creation of "radical reform" of the Iraqi economy..."

SO...HERE THE ANNOUNCEMENT OF INTERNATIONAL FINANCIAL UMBRELLA FROM WB & IMF TOTALING $18 BILLION (TOTAL 20 BILLION) THAT WILL CREATE “RADICAL ECONOMIC & FINANCIAL REFORM” IN IRAQ AND IMPLEMENTATION OF INFRASTRUCTURE PROJECTS... CREATE RADICAL ECONOMIC & FINANCIAL REFORM! BOULYAAAH!

INSERT NEW PUBLIC FINANCIAL MANAGEMENT LAW HERE. [THE PFM IS A BIGGIE.] YES IT IS...AND ON THE TABLE FOR READING AND VOTE UPON PARLIAMENTS RETURN...PFM HAS MORE TO DO WITH THE MICROMANAGEMENT OF DEVELOPMENT FUNDING PROJECTS AND ASSURING THE PAST ECONOMIC TAMPERING AND WASTE OF PUBLIC FUNDS OF ALLOCATED MONIES EARMARKED FOR THESE PROJECTS...IT'S AN END TO THE TOXIC SYSTEMIC FAILURES...THAT HAVE LEFT THE CITIZENS WANTING FOR ESSENTIAL SERVICES AND ECONOMIC DEVELOPMENT. THOSE ESSENTIAL SERVICES AND INFRASTRUCTURE IMPROVEMENTS WILL EMOTE STABILITY AND CONFIDENCE IN THE INT'L INVESTMENT COMMUNITY...IT WILL ALSO IMPROVE THEIR WB "EASE OF DOING BUSINESS SCORES AND RANKINGS"...

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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