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Tuesday, November 8, 2016

Dinar Updates Daily Chat Log for Monday 11/7/16 - Part 6

Dinar Updates Daily Chat Log

Part 6 - Featuring BGG & hub

(7:13 PM)Check out THE BLOG - http://www.dinarupdates.com/blog/ - for the latest Dinar News, Documents and Call banners

(7:17 PM)BUCK was kicked out by BUCK!

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(8:04 PM)JR6716453979 changed nickname to JR67!

(8:06 PM)dale was kicked out by dale!

loop says(8:08 PM):

For the banking sector in Iraq

November 7, 2016 in the Publications comments on all of the banking sector in Iraq closed

In any country, the monetary policy is one of the key pillars in supporting the national economy and development,So you should be reconsidered approved for the development of the potential of the banking sector and enhance opportunities for its contribution to the mobilization of savings and attract deposits plans.

Iraq and in the midst of the political and economic situation is stable had to be that performs a comprehensive review of the work of the state of the banking sector, which suffers from gaps confound his work over the past years, especially with the busy policymakers security and political conditions that did not know quiet for more than 13 years, where he turned the country into chaos after the entry of the US occupation forces to Iraq in 2003.

This flaw is not in Baghdad, but also in the Kurdistan region of Iraq, which was not in isolation from events in the whole of Iraq, here Bankers experts point to flaws in the Iraqi banking system architecture, from the door of that state Tzm "No two central banks on its territory, it is not this, but that the Central Bank of the province without the law so far, and this is due to the dominance of the Ministry of Finance in the region it, as it is doing all financial transactions and activities and the distribution of salaries, which includes the salaries of all security institutions distribute.

The central bank Federal Director confirmed that a sub-bank in each of the city of Erbil and Sulaymaniyah present their situation does not represent a part or a branch of the Central Bank of Iraq, and this confuses the work and does not help the region that provides the proper framework for the briefing to operate the banking and financial institutions in the Kurdistan Region. However, the meetings between the two sides have contributed to the agreement that there is a real central bank in the Kurdistan Region, and to be part of the Central Bank of Iraq, and has all the requirements and specifications, The Bank is currently the process of detailed procedures relating to this trend. As shown in the attached book.

And there is an overlap in the terms of reference and procedures but until now did not take the decision to establish branches of the Rafidain and Rasheed bank in the region, due to the reason that the province was required to link the region with the Central Bank of the Central Bank and its association with the powers of the region. Add to this that all branches of banks, the province-owned banks before 1992, but it is linked to the Ministry of Finance in the region for the two banks did not open branches in the province so far, where the Ministry of Finance in the region attributed the cause to administrative reasons and legal procedures.

loop says(8:09 PM):

In talking about the corruption recall that recently has been Alqaoualqd the Director of the Central Bank of the province and his deputy by court order from body integrity of the territory of Kurdistan, against the backdrop of some of the instruments disbursement of funds illegally in exchange for kickbacks.

Observers have expressed optimism the decision of Prime Minister Haider al-Abadi in June 2016, the dismissal of eight directors of the commercial banks, Rafidain and Rasheed, and real estate and real estate, industrial and agricultural and others, saying during a meeting with talk of Iraq program, it is a step on the road to reform.

But the policy of the Central Bank still faces criticism about the auction currency selling and dealing with private sector banks, trying bank's board pursuit of policies and strategic plans develop for the advancement of the banking sector as Bank launched in early 2016, his strategy for the next five years, which included the important goals.

CBI seeks to heal the rift that led to the decline in the banking sector doing the rounds of inspection and audit banks in civil transactions, Bhd to stop the torrent of corruption that has bedeviled the Iraqi economy and the banking sector in particular.

Chief financial officer at the US Embassy in Iraq, John Sullivan has praised the efforts of Iraq in the reform of the central bank, which confirmed that the bank «completed within a year more than what has been accomplished in the past 13 years.

In front of the CBI great responsibilities to reform the sector, which has suffered from many crises, marginalization and exploitation under the previous governments, to be the house of Iraq's real money and a source of stability of its economy, and this will be pursuing international standards, and away from interference ministries and Amlaihm policies and terms has not been to the monetary policy onion in addition to the lack of central bank adviser's ability to defend the bank by law, may be the steps taken by the Bank during the past period, the introduction of real reforms.

JR6716453979 says(8:09 PM):

If any of the room warched 60 minutes last evening (Sunday 11/16/2016) ......the flag was shown going up over Mossoul as was the reporters as they offered commentary. Affirmations and conformations????????????????(y)(v)

loop says(8:09 PM):

Chief financial officer at the US Embassy in Iraq, John Sullivan has praised the efforts of Iraq in the reform of the central bank, which confirmed that the bank «completed within a year more than what has been accomplished in the past 13 years.

loop says(8:09 PM):

Chief financial officer at the US Embassy in Iraq, John Sullivan has praised the efforts of Iraq in the reform of the central bank, which confirmed that the bank «completed within a year more than what has been accomplished in the past 13 years.

loop says(8:09 PM):


JR6716453979 says(8:10 PM):


magnetlady says(8:12 PM):

Wahoo, thanks JR67

magnetlady says(8:12 PM):

They are getting there

magnetlady says(8:12 PM):

And I for one am ready

magnetlady says(8:12 PM):

bbiab, kitties havent yet adjusted to time change. (smile)

(8:13 PM)dale was kicked out by dale!

(8:13 PM)THE OBSERVER - http://www.dinarupdates.com/observer/ - Save as a favorite... for Daily Dinar Commentary, Notices and Call banners!!

(8:15 PM)kukui was kicked out by kukui!

(8:16 PM)foxmulder was kicked out by foxmulder!

aminmaine25229787 says(8:23 PM):

awesome news!

aminmaine25229787 says(8:23 PM):

come on RV!

(8:26 PM)savannah was kicked out by savannah!

magnetlady says(8:29 PM):

Amen aminmaine

(8:31 PM)angus was kicked out by angus!

aminmaine25229787 says(8:32 PM):


JR67164539798073 says to magnetlady(8:37 PM):


(8:37 PM)JR67164539798073 changed nickname to JR67!

JR67164539798073 says to magnetlady(8:38 PM):

some of us got some long numbers on our back(lol)

magnetlady says(8:41 PM):

I agree JR. That's why I keep it simple. Just Mags. (F)

JR67164539798073 says to magnetlady(8:52 PM):


Scotzgirl says(8:58 PM):


(8:58 PM)Pablo was kicked out by Pablo!

(8:59 PM)bookumdano was kicked out by bookumdano!

jetset says(9:08 PM):

Let's go RV!

jetset says(9:08 PM):

lots of encouraging news today!

jetset says(9:08 PM):

cbi is putting out positive news. goi as well! another day closer!

subgirl says to magnetlady(9:09 PM):

Hey Mags can I give you a break now? :)

(9:13 PM)Check out the "Current Iraq NEWS" Thread in the Forum - http://www.dinarupdates.com/forumdis...rent-Iraq-NEWS - All News - ALL DAY LONG!!

BGG says to jetset(9:14 PM):


BGG says to jetset(9:14 PM):


BGG says to jetset(9:15 PM):


BGG says to jetset(9:15 PM):


[9:18 PM] jetset BGG:


[9:18 PM] jetset BGG:

it keeps getting gooder and gooder

[9:19 PM] *.MOD.magnetlady.copy:

Sorry Subby I was in a national prayer with Franklin Graham.

[9:26 PM] *.MOD.magnetlady.copy:


[9:29 PM] subgirlcopy *.MOD.magnetlady.copy:

thank you

[9:36 PM] 7shelia:

to magnetlady did they raise the flag at mousel today?

7shelia says(10:10 PM):

No one has answered my question....anyone can answer....did they raise the flag in Mousel today?? Has anyone else heard that. A friend heard it on the news. Not sure what station.

subgirl says to 7shelia(10:12 PM):

let me show you this from an article...

7shelia says(10:12 PM):


subgirl says to 7shelia(10:12 PM):

Raise the Iraqi flag over the retired bank building in the fresh bath

November 7, 2016 | 19:27

Managed security forces on Monday, to raise the Iraqi flag over the retired bank building in Hamam al-Alil area south of Mosul.

A statement by the leadership of the federal police that "the federal police forces raised the Iraqi flag over the retired bank building in Hamam al-Alil area south of the city of Mosul"

(10:12 PM)plowboy was kicked out by plowboy!

subgirl says to 7shelia(10:13 PM):

loop brot in a couple of articles in the forum too

subgirl says to 7shelia(10:13 PM):

Uprising against the people of Mosul Daesh {} hasten the final victory

8/11/2016 0:00

MPs expect to escalate with the imminent liberalization right side

BAGHDAD / Omar Abdel Latif

Multiple indicators and events successive willingness among the population of the city of Mosul aggrieved shown on "Daesh" perched on their chests since more than two years to rise up his face and took up arms against him, which was confirmed by displaced from the northern city of Mosul were able to the city leave the storming of the Iraqi forces for a number of eastern neighborhoods, with signs of an uprising among the people against the "Daesh" emerged clearly since it began news and indicators are frequent on the military campaign to restore the city , which had announced it began formally on last October 17 , a starting point.

Amid this atmosphere predicted deputies get a great uprising of the people and the young people of Nineveh province , with the approach of the security for the Liberation forces the right side of the province.

Unite and reconcile the head of the Rafidain bloc in the House of Representatives Kanna in a statement singled out the "morning": " the expected from the people of Nineveh , after the dark period they spent they languished under the oppression and control "Daesh" gangs to join hands and reconcile and be hand in particular the fragmentation and expelled from the province and the one ", and the MP that the people of Nineveh , the face of what he described as" sisters Daesh "in the future , " the fact that the terrorist gang tried rooting curriculum and ideas takfiri and incitement to murder and hatred. "

He noted that" Musli community must prove homogeneity and compatibility with each other and leave all sub - identities, and united around a single identity is Iraq. "

For his part, predicted Rep Naif Shammari said , " is there a large uprising against the elements "Daesh" by the locals in the province of Nineveh. "

Al - Shammari said in a statement the " morning ": that" there is great cooperation from the people of Nineveh province, led to victory faster than expected , "noting that" there is a large uprising will be by the locals on elements of this criminal organization to drive it out of the province. "

Major uprising of either the House of Representatives by Nora Albjara has shared her colleague Shammari forecast obtaining an uprising by the youth and the people of Nineveh against" Daesh "gangs and Tkebedhm big losses , which will accelerate the liberalization province.

She Albjara in the statement summarized by "morning": that "gangs" Daesh "when you pull out of villages and towns , withdraw with residents inside the city, making horror is going on parents to use them as human shields , " indicating that " the joy of those residents near the arrival of the security forces to free them and support them and help them with information, but the gang" Daesh "afraid of this joy, prompting them to make the citizens as human shields."

(10:13 PM)Be sure to join the Dinar Updates “private” FaceBook Group… https://www.facebook.com/groups/571383766355188/ (go here and ask to join… then add some Dinar Friends!!)

subgirl says to 7shelia(10:14 PM):


(10:14 PM)boliver was kicked out by boliver!

(10:14 PM)dale was kicked out by dale!

subgirl says to 7shelia(10:14 PM):

US officials: displaced from Mosul so far below expectations

subgirl says to 7shelia(10:14 PM):

US officials on Monday November 7, reported that the number of people displaced by the attack on the city of Mosul to restore the "Daesh" There is still so far below expectations, They confirmed the possibility of a rally.

A US official, said that 33 thousand people left their homes to escape the fighting, since the start of the Iraqi forces attack three weeks ago to restore Mosul.

The official added that the lower than expected that the Iraqi forces are not yet up to the most densely populated places in the city.

And besieging the clashes in Mosul, Iraq's second city, at least a million people, with can not give specific figures after more than two years on the control of the militants, "Daesh" on them.

And monitored by the United Nations and the Iraqi and US governments and non-governmental organizations has great potential to help the displaced, humanitarian agencies as they prepare for the exodus of 700 thousand people.

She says those agencies that some of the displaced people of Mosul will go to the relatives of them will not be in need of the camps.

Source: AFP

Yassin Boteti

subgirl says to 7shelia(10:15 PM):

I cant really say for sure, but lets just watch and wait and see ok? :)

7shelia says(10:17 PM):

Thank you so much. I so appreciate you !

subgirl says to 7shelia(10:18 PM):

your welcome :) cant wait to see what comes of it... there is so much great news coming out! just watch and read and learn!!!

7shelia says(10:20 PM):

I'm not home much so I miss a lot of news. Am always short on time and hard to read some of the long post. I appreciate when I can get a short recap of the day! Blessings to you for your efforts!

hub says(10:20 PM):

howdy everybody, are yall just waiting a few mins to respond or is my machine real slow.....

subgirl says to 7shelia(10:20 PM):

thank you :) and just keep coming in and checking it out! :)

subgirl says to hub(10:21 PM):

what did you ask? sorry hub?

hub says(10:21 PM):

hi subby, you ok,,just wondering in my machine is sssslllllllooooowwwww tonite?

hub says(10:22 PM):

is my

subgirl says to hub(10:22 PM):

oh ok, no your fine... mine is too tonight!! lol I have had my computer on all day so it is real slow lol

subgirl says to hub(10:22 PM):

I am doing good tonight tho thanks! :)

hub says(10:22 PM):

wheeeewh thought it was biting the dust also....

subgirl says to hub(10:22 PM):

how are you ??

subgirl says to hub(10:23 PM):

nope you are good! lol

hub says(10:23 PM):

good, just been loitoring watching and waiting

7shelia says(10:23 PM):

I await an RV....have many things to do for God !

subgirl says to hub(10:23 PM):

yep today was awesome for news!!! :) if you have not read the logs you need too. UNbelieveable!

subgirl says to 7shelia(10:24 PM):

yes lots of things to do!!! :) my list is getting bigger and bigger!

subgirl says to 7shelia(10:24 PM):


hub says(10:24 PM):

i have been reading all i could find except for a couple i dont read..... yes i think we are there

subgirl says to hub(10:25 PM):

just a matter of time :)

hub says(10:25 PM):

you are more right than you think.....

7shelia says(10:25 PM):

Am a minister so that's why I don't have alot of time these days. Lots of hurting people out there.

subgirl says to hub(10:25 PM):

Don’t MISS – “DU NEWS TIME” w/RCookie, Mr White & Hutch – Nov. 9th 7:30pm EST – In the DU CHAT ROOM!! AND AN AFTER CALL AFTER THE NEWSTIME :)

subgirl says to hub(10:26 PM):

:) praying soooo... :)

subgirl says(10:26 PM):

I can see you are very busy then! :) So many people who need this... 7sheila

hub says(10:31 PM):

i only go on economic principle... read the articles but alot i dont imo think they by there selfs are inportant in this event. they facts i go on is for iraq to return to the height of their hayday, 50's, 60's 70's etc, they have to be in the middle of global trade and tourism, and to do so, the country has to become a big boy and grow up. they must have a tradable currency, or no one will do business with them,,,rate? i dont have the foggest, but it must be one all countries want to trade for, it must show the value of the resources of the country and must be the acceptable currency for that paticular inenity. so as soon as they put a reasonable value, the world will beat their door down and all will be well

jetset says to hub(10:45 PM):

good evening

hub says to subgirl(10:46 PM):

hey jetset, you doing ok?

hub says to subgirl(10:46 PM):

opps sorry,,,, im stupid

hub says(10:46 PM):

hey jetset, you ok?

BGG says to hub(10:46 PM):

Hey Hub...

BGG says to hub(10:46 PM):

Long time.

hub says(10:46 PM):

howdy BGG, how you doin?

jetset says to hub(10:46 PM):

yeppers! have the game streaming, doing some late night work and decided to check in on the chat page

hub says(10:47 PM):

I come in to watch alot, just yall have it under control i listen.....

BGG says to hub(10:48 PM):

doin' good. You vote??

hub says(10:48 PM):

voted the second day of early votes, me and the better half and the two children,,,

BGG says to hub(10:48 PM):


BGG says to hub(10:48 PM):

Me too.

BGG says(10:49 PM):

OK people... this is it. You know what to do!!

BGG says(10:49 PM):


BGG says(10:50 PM):


BGG says(10:50 PM):


BGG says(10:50 PM):

The governor of the Iraqi Central Bank on the Keywords that project to delete the zeros will be implemented in early 2017, indicating that the bank began to develop the first steps of the project.

hub says(10:50 PM):

my son was in a top secure squadron in dallas, know what the navy has in dallas, no one does, but they told him ANYTHING in this building stays inside the walls, say anything and you will spend the rest of your life in levensworth........ but they must have been kidding.....

BGG says(10:51 PM):

Keywords and said in a statement on Monday, received Iraqi transmitter Network (IBN) a copy of the "The purpose of deleting three zeros from the Iraqi currency is to support the Iraqi dinar and make it a competitor of foreign currency," pointing out that "this strategic project will serve the country's economy if it will be inclusion of the Iraqi dinar in the global basket of currencies in the vital world exchanges. "...

JR67164539798073 says to BGG(10:52 PM):


BGG says(10:52 PM):

This News is UNREAL.

JR67164539798073 says to BGG(10:53 PM):

awesome for sure

hub says(10:54 PM):

BGG, a thought, they are about to change the value of a 25,000 note from $22 to maybe $75,000, why would they say we are going to do this is 2017 so every tom dick and harry can go buy some more....i think it is a ploy and i would not be surprised to see it much quicker,,,,, just thinkin......

(10:55 PM)BGG was kicked out by BGG!

jetset says(10:55 PM):

i voted a couple of weeks ago.

jetset says(10:57 PM):

Hub, BGG, my question is, since the CBI indicating the dropping of the 3 zeros in early 2017, does that mean that based on this article we wouldn't see a change until then or would they have to begin the rate change part of the process sooner --- or is it impossible to really know due to translation issues?

BUCK says to jetset(10:58 PM):

no,yes, yes..... lol

hub says(10:58 PM):

in my own humble opinion, i think they would have to implement the change before dropping the zeros which is really bring out lower denoms and getting the big notes off the street,

hub says(10:59 PM):

hey buck

BUCK says to hub(10:59 PM):

i read an article saying the same thing/

BGG says(11:00 PM):

Anything is possible.

hub says(11:00 PM):

we got a little, but only 15-20 inches behind,, it is dry....lost my cat in a crack in the blackdirt the other day...found him about 1/2 block away where he came our of the creves

hub says(11:00 PM):


hub says(11:01 PM):

BGG lost you for a second.....

subgirl says to hub(11:02 PM):


jetset says(11:03 PM):

thanks. that was kind of what i was thinking. no yes, yes, no, anything is possible, certainly think we would need lower denoms prior to seeing the dropping of the 3 zeros so in that scenario, one would think that you would need a rate or they would be needing a wheel barrow full of dinar to buy a loaf of bread...

BUCK says to hub(11:03 PM):

wow that is a big crack.....must be very dry

jetset says to BUCK(11:03 PM):

how are you this evening!

hub says(11:04 PM):

got an early morning, got to wake the rooster up, the time change has him messed up, buck will call you tomorrow......nite all,

subgirl says to hub(11:04 PM):

take care hub :)

ABNewsflash says(11:04 PM):

hello ,Good Evening folks

subgirl says to hub(11:04 PM):

Good night! :)

subgirl says to ABNewsflash(11:04 PM):

Good evening :)

BUCK says to jetset(11:04 PM):

i am well sir, alughing at the score fest between these two teams with hot shot defenses lol

ABNewsflash says to subgirl(11:05 PM):

hello :)

subgirl says to ABNewsflash(11:05 PM):

how are you tonight?

ABNewsflash says to subgirl(11:05 PM):

doing good

jetset says to BUCK(11:06 PM):

i'm surprised as well. for as much scoring as there is, it feels like the game is dragging along

subgirl says to ABNewsflash(11:06 PM):

that is good... we are having such great news :)

ABNewsflash says to subgirl(11:06 PM):

curious if i could bring in an article

subgirl says to ABNewsflash(11:06 PM):


BUCK says(11:06 PM):

first half was so fast now it seems slow...they actually had to punt lol

ABNewsflash says to subgirl(11:07 PM):

Parliament will vote tomorrow on the formation of a committee to audit the state fund

ABNewsflash says to subgirl(11:07 PM):

Includes the House of Representatives session agenda, in its meeting on Tuesday, the vote on the formation of a committee to audit the state funds since 2003, along with a vote on a number of laws and the first reading for the last number of them

ABNewsflash says to subgirl(11:07 PM):

According to the statement of the Media Department of the parliament, on Monday, the parliament will hold a session on Tuesday's agenda includes a vote on a draft Prosecutors Law, and vote on the draft law amending the Association of Accountants and Auditors Act, the vote on the draft second amendment to the Law of the Federation of Iraqi Chambers of Commerce Law No. 43 of 1989

ABNewsflash says to subgirl(11:08 PM):

The agenda also includes voting on the wording of a resolution on the abolition of the Council of Ministers ' decision at its 36 dated 27/09/2016

(reducing the purchase of wheat and barley), and the formation of a committee of state funds scrutiny since the 2003 prices, and the continued discussion of the draft federal public budget for Iraq for fiscal year 2017 .

ABNewsflash says to subgirl(11:08 PM):

It is also planned that the meeting is witnessing the first reading of the proposed first amendment to the law of the Martyrs Foundation Law No. (2) for the year 2016, a report and discussion of the draft regulation of commercial agencies law, and report and discuss the draft of the Iraqi Commission for the adoption of the law, and report and discussion of the proposed abolition of the dissolved Revolutionary Command Council Resolution Act (180) for the year 1977, according to the statement.

ABNewsflash says to subgirl(11:09 PM):

, It has decided the presidency of the House of Representatives earlier in the day Monday, raising the 29th session of the first legislative term of the third legislative year to year on Tuesday, while meeting witnessed the vote on the final accounts of Iraq for the years from 2008 to 2011, and hosting the Ministers of Education Mohammad Iqbal Omar and Higher Education Abdul Razzaq al-Issa.

ABNewsflash says to subgirl(11:10 PM):


subgirl says to ABNewsflash(11:10 PM):

thank you for sharing...

ABNewsflash says to subgirl(11:11 PM):

most welcome

BUCK says(11:11 PM):

anyone know where we are on investment and banking laws???

BUCK says to ABNewsflash(11:11 PM):


subgirl says to ABNewsflash(11:11 PM):


ABNewsflash says to BUCK(11:12 PM):


(11:14 PM)Check out THE BLOG - http://www.dinarupdates.com/blog/ - for the latest Dinar News, Documents and Call banners

ABNewsflash says to BUCK(11:15 PM):

i dont have the list in front of me but most have had second readings on

BUCK says(11:20 PM):

thanks, that sounds good.

(11:27 PM)Carl_H was kicked out by Carl_H!

(11:45 PM)flint was kicked out by flint!

subgirl says(11:57 PM):

3 min. left of the site :) and time to say Good night!! hope you all have a great night!!! :)

Don’t MISS – “DU NEWS TIME” w/RCookie, Mr White & Hutch – Nov. 9th 7:30pm EST – In the DU CHAT ROOM!!AND AN AFTER CALL!!


End of Monday's Chat Log
 | Link to Part 1



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