TETELESTAI Notification List

The TETELESTAI (It is finished) email which will contain the first 800#'s will be posted first on a private page and will be sent out to everyone subscribed to the private page's feed.

If you wish to subscribe to the private page's feed, please visit the TETELESTAI page located HERE and access the private page.

If you're having trouble please give me an email at UniversalOm432Hz@gmail.com

(Note: The TETELESTAI post is the official "Go" for redemption/exchange.)

Guest Posting & Responding Now Available

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

All you need to do is send your entry to UniversalOm432Hz@gmail.com with these following rules.

The subject line of your email should be: "Entry | (Title of your post) | Dinar Chronicles"

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Send your entry and speak out today!

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Featured Post

Restored Republic via a GCR: Update as of Jan. 19, 2019

Restored Republic via a GCR: Update as of Jan. 19 2019 Compiled 19 Jan. 12:01 am EST by Judy Byington, MSW, LCSW, ret. CEO, Child Abuse Re...

Tuesday, October 31, 2017

"General Intel" - Intel Update (Real News) by Mr. Ed - 10.31.17

Posted By: Mr.Ed
Date: Tuesday, 31-Oct-2017 20:19:35

INTEL Update (Real News) via email - "General Intel" 10/31/17

Recently (a 226 page) '$279 Trillion Lien' was placed against the 'International and American BAR' for the seizing of the key 'Patents and Trademarks' used to create and automate their fraud machine. (Mortgages are Trademarks)

A 'Sovereign Bill of Lading' has been brought in favor of the 'The United States of America' (unincorporated - in lower case) and a 'Writ of Execution' has been issued.

'Knowledge Centers' will be set up in all cities to guide people and teach about the changes that were made to the system without their knowledge.

All 50 'States' are now 'Nations' as of 2012.

The key players in this scam are 'Merrill Lynch' and the 'BAR Association' who bought off the 'Courts and Congress' and sold off 'Loans and Documents' into pieces via 'Patents'.

The system was created by the Navy and Marine (higher ups) and the Department of Defense systems which shut people out and favored segments like banks and governments by changing definitions and wording.

Lockheed Martin is behind a large portion of the pedophilia as they were using child prostitutes to buy off Congress officials and had secret locations around the country like Washington D.C. Pizza shop. (PizzaGate)

The JFK revelations will still leave out a few facts because a few of the perpetrators are still alive like Daddy Bush. (triggerman)

JFK stepped on too many toes.

Printing a U.S. currency (Silver Certificates)...CIA dismantling threats and Kennedy's secret deals with China & Indonesia along with some of his Philandering were the big reasons.

The new gold backed Treasury Reserve Notes (TRNs) will be trickling into the banking system this week and all old dollars (FRNs) will eventually be phased out.

The arrests of the top Cabalists and Oligarchs will occur.

They had a chance to get a pass a few years ago but decided to fight us till their end.

Now their only choice is to surrender with a total loss of wealth or face death.

Obama and his 30,000 fascists will try an attack on November 4th.

We are ready for them and the Militia might have to kill some of them.

Obama's future is dim.

The 'Global Collateral Accounts' are ready to be released to the 'third world' first to eliminate poverty.

This will entail billions upon billions of dollars to the poor that need it the most.

JFK was going to release the 'GCAs' before the banksters and CIA killed him.

Trump is releasing documents after 50 years.

Most of the conspirators are dead.

China has punished 1,537,000 party members since 2012 in a massive effort to rid the country of cabalists.

Some were executed.

Investigators are releasing the names of companies and executives and their intentions to defraud WE THE PEOPLE.

This damning evidence was found in the records of the U.S. Patent office in Washington D.C.

There was never a need for poverty...debt...war...disease and foreclosures.

All wars were False Flags.

All diseases are man made.

Everything has been prepaid over generations but stolen via paper theft and deceptive schemes.

We have been robbed...poisoned and hung out to dry by greedy and evil Satanics for hundreds of years.

This is ending.

Hillary's clone has failed. (only one double left)

Forget about North Korea.

The 124th Intelligence Unit is in Kim Un's compound.

North & South Korea will be reunited. (once the cabal are gone)

In California space based high energy weapons were used to start the fires.

Tree bark is impervious to these selective weapons.

Black SUV's were seen throwing fire at houses to help things along.

The Government of California was behind this.

Some of the residents were cabal.

The Air Force is on alert and ready to shoot down any bad guys trying to escape their fate.

The Duke of Luxemburg is Kissinger's brother and is 1800 years old. (not human)

Henry is 1600 years old. (Draco Reptilian)

Both are being dealt with by the galactics along with the Rothchilds.

'Arrest Warrants' are ready for '98 Senators' and '348 Congressman'.

1/3 of Congress are clones.

All clones will be turned off soon.

If you want to see what the municipalities are hiding...go to their CAFR Accounts and look at schedule 40 & 80.

That's where they hide their money.

Many of them don't even need to charge property taxes.

The scam upon America is ending.

The Vatican...Jesuits (and their Rothschild Banksters)...Nazis...Queen...Khazars and pedophiles are under attack.

They are behind the False Flags...Fires...Earthquakes...Hurricanes and Floods.

A new currency (gold backed) and world financial system involving all 209 nations is happening now.

The old corrupt system of theft from the people via fraudulent schemes has been identified and is being stopped.

The IRS funnels money to the Queen and Federal Reserve. (illuminati)

This will end and the IRS will be abolished.

All stolen monies worldwide will be given back to the original owners.

Poverty will end worldwide.

The Jesuits and their Rothschild bankers will be exposed as pedophiles and Draco Reptilians.

Secret programs and relations with the extraterrestrials will go public and be explained.

The perpetrators of 'JFK'...'911' and 'Wars' (for profit) will be identified down to every level.

Massive arrests are secretly taking place everywhere.

Big Pharma...Government...Education...Law...Medicine...Science...Religion and more yet the public is none the wiser. (not reported on the MSM controlled fake news)

Bill Clinton died of aids.

Hillary and George Soros are also dead...yet the cabal continues to deceive with fake news.

Source: Rumor Mill News

"Liftoff" - GCR/RV Thought - 10.31.17


by Shaken well Stirred

Summary of the Weekly Conference of Iraq's PM Abadi

Summary of the Weekly Conference of the Prime Minister Dr. Haidar Al - Abbadi

31 October 2017

Our forces are moving properly in western Anbar, especially in Qaim and have made great achievements in this regard, and soon we will bleed the human liberation of all Iraqi territory.
Control of the Iraqi-Syrian border is essential. Through these borders, he entered into a dialogue and did what he did.

We are achieving a military victory on the oppressor and destroy its entity.

Encourage terrorist thought, which is a challenge we must face in cooperation with all.

I salute all the security services to develop their capabilities and that they have become much better than before.

Today we are penetrating terrorism and we have failed in his plans to hit cities and civilians.
Terrorism knows that we are eliminating it, so it will resort to cowardly operations against civilians, and we must be vigilant and vigilant, and our forces are ready and provide protection to citizens in all cities of Iraq.

Our tour to Turkey and Iran was a continuation of our tour in the region after Saudi Arabia, Egypt and Jordan to develop relations, strengthen cooperation and develop a plan to improve the region's course, mitigate conflicts, stop terrorism and create common interests that reflect our citizens.

Iraqis have suffered terribly from terrorism and made great sacrifices. We are working to restore stability. We do not want these sacrifices to continue because our security with the countries is one.

We cooperate with countries to improve our situation and do not cooperate against our citizens.

The world stood with the unity and sovereignty of Iraq and the authority of the Constitution, and we have great support from the world on our actions to support the unity of Iraq and the imposition of federal authority, and this is a major achievement by the Iraqis for the first time without fighting.

We do not want to shed any drop of blood without justification. The Iraqis are all dear to us and are keen on their lives, whether they are Arabs, Kurds, Turkmans, Yazidis, Christians or any other Iraqi, and we do not want any fighting among Iraqis.

Our orders are tight to our forces not to clash with the region and even in cases where we resort to so reduce the collision and confrontation with the decision at the same time to enforce the law.

The federal authority should be deployed in all areas of Iraq, especially in areas where the regional forces were extended after 2003.

We formed a technical technical committee for the deployment of our forces in areas where the regional forces were extended.

Provincial forces mobilized and incited in some units to kill federal forces, and yet our calls were for restraint and containment.

Our demands are clear. The federal forces must be deployed in all areas where the territory is extended, and border control is the exclusive authority of the federal authority.

We raised the Iraqi flag in Vishkhabur and Ibrahim Hebron, and we have troops and staff there and will begin the deployment of federal forces there smoothly.

do not wantfighter orcitizenbe killed, you have to live in this country, and those who want to fight is paid himself enter Daesh to Iraq.

" There are those who want to stir up hatred among the sons of one nation, but we are proud of our diversity and we can live brothers in one country, and this is our motto and our policy and are keen to achieve this.

The region requested the formation of joint detachments without heavy weapons under the leadership of the federal security system and under the command of the commander-in-chief of the armed forces in areas inhabited by the Kurds in order to protect them and cooperate with them in this field.

We do not want our Kurdish citizens to be terrified, we want them all to feel safe.

The Peshmerga directed us not to fight the federal forces because they are all Iraqis.

Kurds our children and protect them and absorb them and we will pay salaries to all employees of the region.

When Iraqis are united with each other, this is a victory for all Iraqis.

Some satellite channels in the region incited the killing of Iraqi soldiers and boasted of this, and we are not proud to kill one of the Peshmerga or any Iraqi.

The lives of our citizens are more precious than the earth. We are fighting for our citizens and the land comes in the second stage.

Council of Ministers The fifteenth of May 2018 set the date for the parliamentary elections.
The Cabinet decided to prevent any party with an armed wing from participating in the elections.

The government is keen to ensure that the upcoming elections are fair.

The citizen has the right to participate in the elections correctly and chooses the government and the blocs that represent him. If he does not participate, the quota will return to us and the same problems will return to us, which led to the entry of a da'ash, and we do not want to return to what we were.

Iraq for all Iraqis.

We do not allow the presence of weapons outside the state.

We are in the last chapter to end the existence of a preacher in Iraq.

The crowd launched the advisory opinion before the adoption of its law and the fight against a supporter.

Popular crowd security system does not participate in political action and the separation of the military establishment from politics.

There is no joint administration of border crossings between the federal government and the region, but the administration of the federal authority.

Dialogue with the region will be in accordance with our terms and must end the referendum final and dialogue in accordance with the Constitution and within the unified Iraq.

We pushed the country's economy in the right direction of sound management despite the huge fiscal deficit.

Iraq recovered more than before and its economic situation today is better.

We have reduced the high salaries and large allocations of officials and protections and reduced government spending, all of which contributed to exceeding the fiscal deficit

I thank the Iraqis for their patience and understanding of the economic situation of the country, and if not for their cooperation and patience, we have not achieved what has been achieved.

Prime Minister 's Media Office 31 October 2017

Source: PMO

"The Fight Is Over" - Cowboy Down Under - 10.31.17

Entry Submitted by Cowboy Down Under at 3:56 PM EDT on October 31, 2017

In 2005 my son and I were sitting in an airport in Costa Rica having a beer and toasting our new life living outside the shadow of the death grip 9/11 had placed on the United States. Nothing but sunshine and opportunities there in the jungles of Central America. We had sold our tour office and bought a dozen beachfront lots. I had also just started H.E.A.L. (Heal Earth And Life). I saw a gift store in the airport, went in, bought a journal made from coffee paper and wrote the following passage. "To my Lord and Savior, to all my best friends who have traveled these roads again and again, I dedicate my passion to travel within and there I will stand ready to explore what this life brings. Higher and higher our mission soars to the stars, to heaven and back to the earth. We lay our hands on Her and HEAL. We do this because if She does not breathe, neither do we!” Little did I know at the time what a foretelling that passage would be of what the next 12 years would bring and the amazing journey I would take.

Grace and I went up into the woods to do a meditation with Grandpa and Grandma Cedar Trees. Did I tell you they’re several million years old? Ok, I hear you now. “Come on Cowboy, this is like a good fish story and the fish just keep getting bigger and bigger. 1000-3000? Millions of years old? Come on, which is it?” Well, it's a bit of all of them and the story Grandfather told me the other day showed me how that's possible.

As we walked up the path to the base of the two giants, I gasped because they both looked like they had put on a lot of weight since we had been there the week before. Somehow, they looked a couple of feet bigger in diameter and then I noticed the crack in Grandfather. I walked up and stuck my fist in it. It was a fresh break and I could see the new timber inside. I looked up and saw a large branch had broken off him and was hanging above me. I pulled the mat we kept there out of the tree branch, spread it out between them and Grace and I laid down. I placed my hand on Grandmother and Grace placed hers on Grandfather and immediately I felt Grandmothers tears and feelings of worry. "What’s wrong,” I asked. "Grandfather’s been hurt I am worried about him!" I then heard Grandfather laugh and say, "I am OK. It's just a scratch. You should see the other guy!" I told Grace, "Grandfather says he wants to tell us a story."

He started, "Millions of years ago. . ." I knew as soon as he said it that he, like many of us, had lived many, many lifetimes. "In the sky above the earth we saw a large black rock hurtling toward us. Following behind it was a large dark cloud that looked like a snake's tail. When it hit the earth the ground shook and split open in several places. Out of this mountain of a black rock came a stench and an energy we called at the time ‘Black Magic.’ In the beginning the Black Magic could only survive in the deepest, darkest crevices of earth. However, as time went on it crept out into the light and took hold of many of the animals and even some of the early humans. One of the animals it captured with its Black Magic smoke was the serpent who lived in the Garden of Eve. Out of this was created an entire reptilian race of evil doers. We, the Guardians of Nature and all things good did our best to contain this energy. We knew it could not survive in our light, so we raised our energy to brighten it and kept it at bay as we watched from a safe distance. It was scorching the earth and it became clear that we must do something. A great plan was devised by God and delivered to all Lightworkers on the planet at the time. Underneath the earth and above in the sky we would build a grid of light, love, compassion and hope for a better world and make it available for all who wanted, to feel it."

Grandfather paused and I turned to Grace and said, "Wow. This is the story of us." He went on. "Over the last several years we have been winning. Our grid is strong, the light is bright and the energy has been rising so fast, the Black Magic cannot survive in the open anymore so it's gone back to hiding in the deep crevices of earth, but it knows it's only a matter of time and will not survive there either. It has been gathering its minions and calling them back into the black rock it came here to earth on, because it is only inside this rock it can now survive. However, last night the heart of the Black Magic paid me a visit."

Grandfather's last statement caught me a little off guard and I thought of his fresh wounds. Grandmother chimed in. "He was hurt badly and the fight was unlike any I have ever seen." Grandfather spoke louder. "I told him he made a big mistake coming here and that Grandmother would witness his end on this day and so it was. I sent him packing back to the rock he crawled out from under millions of years ago. He and his kind can no longer survive outside of that Black Rock and soon it and them will be leaving this earth forever." I squeezed Grace's hand as Grandfather said, "It's your time now. The light has won and you and all the Lightworkers like you will shine a new and brilliant light on this planet and from that light great things will grow." The tears I felt from Grandmother earlier became tears of JOY from us all.

Last night I had a dream. In it many of the humans at this time on the earth turned into giant jet engines. We took them all to the top of the mountain. We put a little jet fuel in them, started them up and they blew Prosperity out over the land. The Winds of Change took hold and the NEW EARTH was born.

I am here to tell you, my family, that it is over. We have won and it is time to HEAL this planet and all of those who have lived through the Black Magic that has contaminated the air we breathe. The Earth shall breathe deeply again, we shall breathe and our great grandchildren shall breathe a NEW clear clean energy that will change EVERYTHING!

Cowboy Ziggy & Grace

Hold and shine your light family we have arrived in the promised land and remember BREATHE!


P.S. We just put up a new cause on Fund With Love called "Wings of Rescue" helping animals. I love what they do and hope you will support them. https://www.fundwithlove.com/projects/wings-rescue-fly-home-please-support-us/ Thank You.

Daily Prophetic Word for October 31, 2017

KEEP THE FAITH...no matter what time or...???


Here’s the Daily Prophetic Word for October 31, 2017!

Don’t worry about how things look on the surface, because God is moving beneath it all. #dailyprophetic

If someone forwarded this to you or you would like to get more information about the Daily Prophetic Words, visit http://dougaddison.com/daily-prophetic-word/

"Put Your Records On" - RV Musical Update - 10.31.17

"Put Your Records On"

Three little birds sat on my window.
And they told me I don't need to worry.
Summer came like cinnamon
So sweet,
Little girls double-dutch on the concrete.

Maybe sometimes we've got it wrong, but it's alright
The more things seem to change, the more they stay the same
Oh, don't you hesitate.

Girl, put your records on, tell me your favourite song
You go ahead, let your hair down
Sapphire and faded jeans, I hope you get your dreams,
Just go ahead, let your hair down.

You're gonna find yourself somewhere, somehow.

Blue as the sky, sunburnt and lonely,
Sipping tea in a bar by the roadside,
(just relax, just relax)
Don't you let those other boys fool you,
Got to love that afro hair do.

Maybe sometimes we feel afraid, but it's alright
The more you stay the same, the more they seem to change.
Don't you think it's strange?

Girl, put your records on, tell me your favourite song
You go ahead, let your hair down
Sapphire and faded jeans, I hope you get your dreams,
Just go ahead, let your hair down.

You're gonna find yourself somewhere, somehow.

'Twas more than I could take, pity for pity's sake
Some nights kept me awake, I thought that I was stronger
When you gonna realise, that you don't even have to try any longer?
Do what you want to.

Girl, put your records on, tell me your favourite song
You go ahead, let your hair down
Sapphire and faded jeans, I hope you get your dreams,
Just go ahead, let your hair down.

Girl, put your records on, tell me your favourite song
You go ahead, let your hair down
Sapphire and faded jeans, I hope you get your dreams,
Just go ahead, let your hair down.

Oh, you're gonna find yourself somewhere, somehow

"Om Namo Bhagvate Vasudevaya" - RV Meditation Update - 10.31.17

This just might help us during our meditation in 20 mins—there are many vids on youtube to choose from!

Anonymously, in Unity.


"Re: Latest Intel" by Sierra (NZ) - 10.31.17

Entry Submitted by Sierra (NZ) at 3:44 PM EDT on October 31, 2017

Operation Disclosure GCR/RV Intel Alert for October 31, 2017

We pray for the release of the GCR today. If it does not happen today, we understand that the conditions were not safe for humanity. The great lightworkers who are working so hard to bring in the GCR know, based on previous experience, that the timing has GOT TO BE RIGHT.

Therefore if the GCR does not happen today, it's not personal. It is disappointing - we have waited ages. I was disappointed when Ascension did not happen on 21st December 2012 as predicted. However I understood that humanity wasn't ready to ascend. That's why I understand that the timing for GCR - which leads to Ascension - has GOT TO BE RIGHT.

I am amazed that with each passing day, I feel more calm and accepting of the situation. If you had said several months ago that I would reach this state, I would have not believed it was possible. But here I am: calm and accepting.

I am detached from dates yet my heart knows that we are steadily moving towards completion. Always forward, never backwards. If not today, November is a magic 11 month, and 2018 is a magic 11 year, so there is only special times ahead for humanity.

Mass arrests were predicted to happen around GCR - it was never known if it would be before, during, or after. We are definitely on the threshold of the arrests so we can be reassured by recent developments. The cabal MUST be contained before the GCR can safely be released.

Is there more we can do? As Patrick says, we can pray and meditate. It has always worked for me. So does staying in close touch with loved lightworker friends who have currency. We are in this together, all for one and one for all.

When we step out of the bank after our exchange appointment, will we be thinking about this challenging waiting time? Let's put it this way - I didn't spend any time thinking about my pregnancy woes as I held my new-born babies in my arms...

This too will pass. All is well. So be it.

Love and Light
Sierra (NZ)

"Information Relating to ET Intentions" by Grateful Gal - 10.31.17

Entry Submitted by Grateful Gal at 2:50 PM EDT on October 31, 2017

Here is some info that might answer some questions on the subject of ET intentions.

Nibiruan Council - Jelaila Starr

Focus Sessions with Lynn

Lynn is a talented psychic. Sometimes her readings approach subjects that are "Dangerous", and connecting with a subject or revealing answers might place Lynn in danger of "repercussions". In these instances, her Higher Self and Spiritual Guidance Team block her from seeing those crucial areas.

ET Races

Cobra Reading
This is an example of Lynn being protected from connecting with the channeled source that gives info to Cobra. I am wondering if this same situation was affecting Richard (OWK). The more well-intentioned the person is, the more of a Prime Target they become. And he and Cobra both fit into that category, IMHO. I was new to this blog last year, but over time, reading and seeing videos of some that were accused of being cabal, I just do not see the evidence. Winston Shrout is one that is very plainly (to me) working for the Light, so much info there because of his videos. There could have also been a human paid agent "on the ground" hired to feed Richard dis-information. I just thought I would mention that, as there were so many hurt feelings over that scenario, and I want those affected to be able to heal by knowing that some of the accusations just did not bear up under scrutiny. If we are tasked with healing the soul of the World, maybe we should start here on IDC!


Grateful Gal

"You are Free Forevermore" by C the Light - 10.31.17

Entry Submitted by C the Light at 2:00 PM EDT on October 31, 2017

What if I told you there were no more Bushes? No more Clintons, no more Rockefellers either. Actually, what if ALL the illuminati bloodline families were now extinct? Would you believe me? Doubt it. Yet I can promise you that this is completely true. EVERY single member of said families not aligned with the light (and yes there are/always have been some but that's a discussion for another day) have either been killed or taken off planet via galactic escort. FYI this includes every name on that committee of 300 list that popped up yesterday (old news though this list has been circulated for years). Now here's the cool part, for the most part they were replaced by clones under control of the good guys without anyone (their underlings included) being any the wiser and are now being used to expose/trap the remaining diehard cabal minions.

Some very bold statements I know. In fact you would be wise to ponder deeply the veracity of these assertions I make. Feel with your heart the way these words resonate within you and employ your finest discernment. While I do know what I say to be true beyond all shadow of a doubt, this surely holds holds little weight with you who are so used to being lied to. So by all means, consider this at best my opinion for I wish not to impose my truth upon you. But please do at least consider it!

Now I'm sure by this point many of your heads are filling with reasons why this can't be true, mentally compiling evidence that this is the biggest chunk of bunk you've heard all year (and that's saying something isn't it). Yet why I ask would you want to do that? Why argue in favor of your own enslavement? What if the collective belief that such boogeymen still existed was the only thing keeping any semblance of the dark ones' great charade still alive? More over, what have you got to lose by believing things truly have changed? Does fear of what might be protect you from it? Hardly. Does the belief that you are at all times divinely protected along the lifepath you chose for yourself make it so? Absofreakinlutely!!!

So my dear brothers and sisters won't you join me in officially declaring this to be day one of our beautiful new world. Our blessing is here now just waiting for the perfect time to burst into full view. Everything is about to change in miraculous and wonderful ways we can scarcely begin to imagine. I know its been a LONG road and most of us have been beaten bruised and battered to near hopelessness (myself included) but what's one more leap of faith right? When it's all said and done don't you want to be able to say "yep I was all In at the end" versus continuing to throw shade at your Earth family? The choice is yours and I know everyone will make the right choice for them even if its not what I would choose for myself. I know this because I unconditionally love each and every one of you for the brilliant, radiant, beyond perfect, divine beings you are. Your zenith is where you set it my friends so why not aim for the stars? I'll see you there!

-C the Light


"Atlantis Rising" by Fireswan - 10.31.17

Entry Submitted by Fireswan at 1:02 PM EDT on October 31, 2017

Didn't Alantis fall (deluge, massive global death) on Nov. 1?

Noah and his followers did not get washed away because they heeded the warnings and were prepared.

Flood of mercy.


On Nov. 1

To undo 13,000 years of enslavement

Date: Nov. 1st
Rate: Infinite abundance (our inheritance)

Very possible

Time won't need long to tell... that's my prediction

Get that final coat of paint on your Arc done...


"Hidden Flash-bang" by Fireswan - 10.31.17

Entry Submitted by Fireswan at 12:33 PM EDT on October 31, 2017

What if what we are really waiting for is the right moment for global debt relief as the cover for the RV/GCR?


Let that soak in.

<long pause>

One morning everyone wakes up and...

1. Their credit card balances are zero.
2. Their mortgage balances are zero.
3. Their cars are paid off.
4. All their back tax payments are cancelled.

Everyone in the entire world is amazed and relieved and celebrating.

Nobody will notice your new house, your new car, your new life.

They'll just assume that you're no different. They're now spending money because they're free of debt. Relieved. They look at you. You're now spending money because you're free of debt. One and equal.

Now, I've heard that there's a plan to pay us back for all of the fraud and illegal taxes, etc. As part of the "prosperity in the coming days", the money stolen from public funds put into secret private accounts from the double accounting ledgers (budget overages are swept away into secret accounts that become untrackable). What if the super-duper computer system has located every penny. The super-duper computer puts all the money back. Those secret accounts will be given back to the people.

What if TDAs are real, just the world wasn't ready for them when we found out (thanks Heather!) But, what Heather has been doing will come to fruitio? For everybody?

Unfettered access...

Talk about a cover for the RV. Nobody would notice anyones sudden wealth.

It is the one thing that isn't talked about at all in the Intel as a trigger for this event. This potential not being talked about means that there could be something to this.

Something that would be real-tangible, obvious.

"The Day the Universe Changed"

Mass arrests - naw
Another holiday to prepare for a holiday to prepare for a holiday - naw
Perfectly aligned numbers - naw
What color Trump #3 is today - naw
Is Obama an alien - naw
Is his wife really a man - naw
Is Melinia pregnant - naw
Is Ryan/Dumford/Ham the real president - naw
Is Judge Anne onto something - naw
Did Heather get another hearing - naw
Is Yosef already a quintillionaire - naw

Seems to me that turning on the global debt relief system is the real flash-bang.

We are just a side-show. Perhaps a warm-up band for the main attraction.

Just say'in


Currency365 - Remittances at 1,000 IQD to 1 USD | 350 Companies Compete for Bonds

Published on Oct 31, 2017

Eyes Open Media - PM Abadi Speaks with US Journalist about (Issues, Concerns, Future)

Published on Oct 31, 2017

"RV Today?" - Ralph Comments at DR 10-31-17

Dinar Recaps


RangerJ: Hi Ralph, TRICK with a delayed TREAT! Much was accomplished in October that does have bearing on this highly speculative investment in the IQD !

Much of want was accomplished has to do with the OIL industry in Iraq.

Without oil backing it up investing in the IQD has little to no attraction to it....

"Sign of Progress" - Tues. PM TNT Thoughts/News



Just saw on the news that Pres. T is headed to Asia (China, Viet Nam, Japan, SK, etc.) for 10 days. Hmmm. Yes, NK is probably a big factor, but I see the 10 days as a sign for progress for what we are looking for. And don't forget the importance of $60 oil for the oil credits for currency take on the RV/GCR.

I wonder if the attempt to get a tax bill passed by Christmas could be positive for us on the application re exchange of currency?

I am totally cheerful and very upbeat about our investment, part of staying grounded is understanding the ups and down of this investment and remaining constant in our attitude that it certainly will RV, someday is, and at the same time do not become self deceived into thinking that every move in Iraq makes as a sign that it might RV tomorrow...jmvho I am saying this after 8+ years of being invested you do learn a few things along the way...

RED; comfortable numb ?

Comfortably numb, that's funny as well as being closer to accurate in the state of mind we should be..... I call it being grounded…

2013 Porsche:
The "elders"???? Who and the flying fleep are "the elders"?

I turned into an Elder while waiting for this to go…..lol

Per RAY: "Abadi is steadfastly targeting mid-November or later for full liberation announcement however the military is accomplishing objectives ahead of projected schedules. An Iaqi bank source shared that once Iraq is fully liberated, the new rate of $3.71 (or possibly higher) will be self-evident everywhere and that it is already "in place" waiting for public release."

Ray said Iraq folks have been using their IQ cards in the USA for over 6 months at the rate of 3.71, so we are ready to use our new Black Cards from Wells Fargo, come RV


Ray: We know what's behind us if we turn around. The reward is in front of us. All we have to do is keep going. At this stage of the game we have nothing to lose and everything to gain.

Happy Halloween my Friends! Cool article

FORBES OP~ED 10/25/17~Iran Should Go For Gold, Not A Currency Reform Illusion

(ALI AL-SAADI/AFP/Getty Images)

Last December, the Iranian government of Hassan Rouhani passed a bill to change the name of Iran’s national currency from the rial to the toman. This would require a redenomination in which one zero was lopped off Iran’s unit of account, as 1 toman is equal to 10 rials. Without a change in the monetary and exchange rate regime, the proposed changes amount to a great illusion.

Iran’s currency is, of course, one of the many reasons for Iran’s economic dysfunction. Indeed, since the Islamic Revolution of 1979, the rial has officially lost virtually all of its value – 99.8% to be exact. Judged by the magnitude of this theft, the Revolution has been a total disaster.

While inflation has come down from its October 2012 peak, which I measured at a rate of 62% per month, the rate is still quite elevated, with the official annual inflation rate sitting at 9.6%. But, that rate is the official rate, and official statistics in Iran are always a bit dodgy. My calculations put the current inflation rate close to 20% – double the official rate.

To fix its currency problem, Iran could adopt another country’s currency – like the U.S. dollar or the euro. These are political non-starters, though. The Russian ruble or the Chinese yuan might be more politically palatable, but they are inferior.

For a high quality currency issued by a “neutral” country, Iran could follow Liechtenstein and adopt the Swiss franc. But, that would also be difficult for Iran to do. The theocracy would have to admit that it was fallible, and that Iran was going to replace its own currency with a superior foreign unit of account to ensure stability.

There is a solution – an elegant solution. Iran should go for gold, a “currency” that is not issued or controlled by a sovereign. Iran could do this and retain its own currency, too.

Until early in the 20th century, gold played a central role in the world of money. Gold had an incredible run — almost three thousand years. And why not? After all, Professor Roy Jastram convincingly documents in The Golden Constant just how gold maintains its purchasing power over long periods of time.

But, since President Richard Nixon closed the gold window in August 1971, gold has not played a formal role in the international monetary regime. Today, the “regime” is characterized by many as a chaotic non-system.

In the past decade, gold prices have surged and there have been noises in some quarters that gold’s formal role should be re-established in the sphere of international money. In 1997, Nobelist Robert Mundell went so far as to predict that “Gold will be part of the structure of the international monetary system in the twenty-first century.”


One foolproof way to transform Professor Mundell’s prediction into a reality is via gold-based currency boards. Currency boards have existed in more than 70 countries and a number are still in operation today. Countries with such monetary institutions have experienced more fiscal discipline, superior price stability, and higher growth rates than comparable countries with central banks.

An orthodox currency board is a monetary institution that only issues notes and coins. These monetary liabilities are freely convertible into a reserve currency (also called the anchor currency) at a fixed rate on demand. The reserve currency is a convertible foreign currency or a commodity chosen for its expected stability. For reserves, such a currency board holds low-risk, interest-earning securities and other assets payable in the reserve currency.

By law, a currency board is required to maintain a fixed exchange rate with the reserve currency and hold foreign reserves equal to 100% of the monetary base. This prevents the currency board from increasing or decreasing the monetary base at its own discretion. Nor does a typical currency board influence the relationship between the monetary base and the money supply by imposing reserve ratios or otherwise regulating commercial banks. An orthodox currency board system is passive and is characterized by automaticity.

In the past, currency boards have issued monetary liabilities that were fully backed by gold and were fully convertible into gold at a fixed rate on demand. The following abridged gold-based currency board law presents how a modern, independent, gold-based currency board could be established and would operate in Iran. As drafted, the law would allow for the creation of a government-owned entity. But, with slight amendments, the draft law could support the establishment of a purely private currency board.


An Islamic Republic of Iran Gold-Based Currency Board Draft Law

1. The Currency Board of the Islamic Republic of Iran (“the Board”) is hereby created. The purpose of the Board is to issue notes and coins denominated in a gold currency unit, and to hold foreign reserves sufficient to maintain them fully convertible at a fixed exchange rate into gold.

2. The Board shall have its legal seat in Switzerland and shall be subject to the laws of Switzerland.

3. The notes and coins issued by the Board shall be fully convertible into gold on demand. The Board shall charge no commission for exchanging its currency into or out of gold. The notes shall be printed outside the Islamic Republic of Iran.

4a. The Board may not increase its monetary liabilities without gold or foreign reserves equal to 100 percent of the amount of the increase.

4b. The Board shall hold its reserves in gold or in highly rated and liquid securities either denominated in gold or fully hedged against changes in the fiat-currency price of gold. These reserves shall be on deposit at the Bank for International Settlements or at an internationally certified gold warehouse.

5. The Board shall remit to the Government of the Islamic Republic of Iran all net seigniorage beyond what is necessary to maintain 110 percent foreign reserves.

6. The Board may not perform banking services for the Government of the Islamic Republic of Iran, and it shall not be responsible for the financial obligations of the government.

7. Failure to maintain the fixed exchange rate with gold shall make the Board and its directors subject to legal action for breach of contract according to the laws of Switzerland. This provision does not apply to attempts to redeem embezzled, mutilated, or counterfeited notes, coins, and deposits.

8. Existing laws that conflict with this law are void.

9. This law takes effect immediately upon its publication.

Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke.


Iraq: 350 companies compete to buy bonds “Euphrates”

A spokesman for the Iraqi Ministry of Planning and Development Cooperation Abdul-Zahra al-Hindawi, announced that more than 350 companies from the international investment companies competed to buy the Iraqi bond, representing a global financial figure of up to 12 billion dollars.

Al-Hindawi said in an interview with Al-Hayat newspaper that “more than 350 international investment companies competed for the purchase of the Iraqi bond. These companies represent a global financial figure of 12 billion dollars. The volume of orders reached about 6 billion dollars for the Euphrates Guaranteed by the Iraqi government, not by any other international body, as in the case of Sindh I, the Tigris, which was included by the US government. ”

He said that “a large investment demand by international companies to buy Iraqi bonds, means that an important financing outlet will benefit Iraq to finance the chronic deficit of the budget, as well as moving the wheel of economic activity, and will reassure businessmen and investors and encourage them to enter Iraq strongly And to participate in the reconstruction of liberated areas. ”

“The important thing is to manage this file at the level of importance, because the achievement was not easy at all, but the result of the efforts of great and painstaking by the members of the Iraqi national team as experts are experienced in the economic arena at the national and international levels, And directing it to serve development. “ link

"New Chapter will Begin" - Tues. PM KTFA Thoughts, News w/ Frank26


TPNoble53 » October 31st, 2017

Frank, Thank You for last night's CC presentation. It was very helpful and focused. It sure seems this chapter of our study of the IQD is slowly coming to an end and a new chapter will begin.

Frank26 » October 31st, 2017

There is an A Speech coming .............. That contains much and art8 with ch7 in it's core .............. That will open a Third Column .......... Where IMO an RI will be concurrent with or the Fact after if. These IMO are the Steps that will trigger off a Chain Reaction of Explosive Info/Advancement of the IQD's MR.............. Very Quickly.

Samson » October 31st, 2017

Abadi speaks for the first time about the corruption of the Peshmerga and wants a force under his command

11:29 - 31/10/2017

Prime Minister Haider Abadi, on Tuesday, the existence of corruption among the ranks of the Peshmerga led to its failure to defend the borders of the Kurdistan region, on charges of the first of its kind, stressing that he wants to become Peshmerga a local force under the control of the federal government.

"The Peshmerga must become part of the Iraqi government forces or a local force," Abadi said in an interview with the Independent newspaper. He expressed his belief that there is "corruption in the ranks of the Peshmerga, which explains its failure to defend the borders of Kurdistan, 2014 and having to seek help from America and Iran. "

"All the Iraqi borders inside and outside Iraq must remain without exception under the control of the Iraqi government," Abadi said, adding that "this includes the Kurdish oil pipeline that reaches Turkey at a measurement station in Vishkhabur on the Mediterranean Sea."

On the other hand, Abadi stressed that "we are trying to clear the Badia elements of the state organization to the border with Syria," noting that "Iraqi forces have been fighting the organization for three years, that is, since its elements began to threaten Baghdad."


SlappySquirrel » October 31st, 2017

Seems like A is giving a variety of speeches and interviews.. with an ALL important 1 hidden amongst the rest he's giving at this time? ?? Imo.......

Frank26 » October 31st, 2017

IMO ............. These Speeches today from the Father of Iraq Abadi are the per-curses of a Mother of all Speeches to soon come to the Citizens of Iraq and the International World.

AzPatryot » October 31st, 2017

Just wondering if there is an approximate date, time, location for this speech?
Millie: I think we ALL are wondering the same thing AZPatryot

Rockcharlie229 » October 31st, 2017

Prime minister abadi speaks to press in English


Cleitus » October 31st, 2017

I highly recommend family you take the time to listen to this entire video. It is highly educational and straight from the horse's mouth.

In particular pay close attention at around the 18th minute mark where Abadi talks about transforming the desert into "green areas"..., a solution that will help the sand storm problems in the area and entire region.

At around the 36:18 mark Abadi talks about the "ARAB SPRING". You will hear him give a covert indictment of obama (although he never uses obama's name) as to what the Arab Spring did for the region and the world. He finishes off by describing various forms of Democracy that can suit the area/region and finishes off with Investment in Iraq".

GREAT PIECE TO LISTEN TO! Thanks Rockcharlie229 for sharing!

Samson » October 31st, 2017

UN organization chooses Iraqi citizen as Ambassador in Middle East

31st October, 2017

The United Nation's International Organization for Development and Human Rights chose an Iraqi, Abdel Wahab Younes, as its ambassador in the Middle East. In a press release on Tuesday, the UN organization added that this is considered the first time to choose an Iraqi citizen for such a post.

It is a voluntary non-governmental organization that was founded in early 2011 by a number of honorable people of the Arab world. It was established to contribute to the developmental efforts and protection of human rights.


The International Monetary Fund supports the Saudi Neum project

31st October, 2017

An official from the International Monetary Fund (IMF) on Tuesday backed support for Saudi Arabia's plan to build a $ 500 billion commercial and industrial zone that also runs through Jordan and Egypt.

The Saudi Crown Prince, Prince Mohammed bin Salman, announced on Tuesday the launch of the new project, Newum, a new vital destination located in the northwest of the Kingdom.

This special region is designed to outperform the world's major cities in terms of competitiveness and lifestyle, as well as outstanding economic opportunities, which are expected to become world-wide.

The project will be supported by more than $ 500 billion over the coming years by Saudi Arabia, the Public Investment Fund, as well as local and international investors


TPNoble53 » October 31st, 2017

IMO, as much $$$ that the Barzani Family has been stealing this should be an increase for the Kurdistan Region, Right?

Samson » October 31st, 2017

Budget of 2018 determines the proportion of the Kurdistan region by 12%

14:25 - 31/10/2017

The paragraphs of the budget of 2018, the share of the provinces of Kurdistan region by (12.67%).

A document obtained by the agency / information /, "The ratio is the total actual expenditure of the federal budget of the Republic of Iraq, which came after excluding political expenses."


Walkingstick » October 31st, 2017

Abadi policy marks a "war crime" and announces the payment of salaries of regional staff "soon"

Shafaq News / Prime Minister Haider al-Abadi, said his government will pay the salaries of staff of the region soon.

"We will soon be able to pay the salaries of the Peshmerga and all the regional staff,"Abbadi said at his weekly conference after the cabinet meeting.

Abadi also stressed that the federal forces have spread in all disputed areas.

"Today, there are those who are trying to return the hate speech that led to the emergence of a preacher years ago," he said.

"The media in the region has clearly incited the killing of the federal forces and this is a war crime, inciting Kurdish channels is unacceptable."


DocMagee94 » October 31st, 2017

Hmmmm.....do we think that these 350 companies would compete to buy these bonds if they were going to stay at a program rate??? Methinks no.

Walkingstick » October 31st, 2017


The Iraqi government plans to adopt a series of plans to overcome the fear of continuing oil losses on the producing countries, revealing that "350 international ucompanies compete for Iraqi sovereign bonds."

The spokesman for the Ministry of Planning and Development Cooperation of Iraq, Abdul-Zahra al-Hindawi, in permits to the newspaper Hayat London, followed by the agency "Skop 24", the government has taken several actions related to improving the reality of development, including reconsider investment projects and the creation of non-oil financial resources.

He said the government intends to take other measures aimed at pushing a number of international organizations and friendly countries to confirm their readiness to provide support to Iraq through soft loans.

He explained in his remarks to the newspaper that "more than 350 companies from the international investment companies competed for the purchase of the Iraqi bond, and these companies a global financial figure, up to 12 billion dollars, while the volume of purchase orders to about 6 billion dollars to the Euphrates guaranteed by the Iraqi government, And not from any other international body, as in the case of the first bond, the Tigris, which was included by the US government.

He said that the large investment demand from international companies to buy Iraqi bonds means that an important financing outlet will benefit Iraq. It will contribute to financing the chronic budget deficit. It will also stimulate economic activity. It will reassure businessmen and investors and encourage them to enter Iraq. And to participate in the reconstruction of liberated areas

"What is important is that the management of this file is of the utmost importance, because what has been achieved has not been easy at all. It is the product of great and painstaking efforts made by the members of the Iraqi National Team as eminent experts, witnessing economic spaces at the national and international levels. Achievement and guidance to serve development Link

JesusLovesBaseball » October 31st, 2017

Iraqi Trade Bank Trade Bank of Iraq

The Director-General of the Iraqi Bank for Trade (TBI), Mr. Faisal Al-Hims, on Tuesday 31/10/2017 honored some of the Bank's employees in the General Directorate, the main branch and the branch of the Chamber of Deputies in addition to the employees participating in the Bank's platform at the Baghdad International Fair for their commitment to perform the work directed to them with their mastery and dedication. Serving the bank's customers.

The bank's management is keen on regular visits to branches of the bank and honoring the outstanding ones in support of the continuous efforts to change the bank for the better. LINK

Samson » October 31st, 2017

The assets of Arab sovereign funds are $ 2.99 trillion in October

31st October, 2017

The value of the assets of Arab sovereign wealth funds reached $ 2.99 trillion in October, according to an official report released on Monday.

This was according to an Anatolian survey, based on the assets of Arab sovereign wealth funds listed in the SWF Institute report, which specializes in the study of sovereign investments by governments and sovereign wealth funds.

The Abu Dhabi Investment Authority (ADIA) is the leading Arab sovereign wealth fund with a total assets of US $ 828 billion and second in the world.

Kuwait (KIA) ranked second in the Arab world and fourth with a total foreign assets of $ 524 billion.

Saudi Arabia was the third Arab and fifth in the world with a total foreign assets of US $ 514 billion, which is affiliated with the Saudi Arabian Monetary Agency (SAMA).

The assets of SWFs monitored by the report (78 funds), $ 7.518 trillion, issued by the Norwegian government pension fund, ranked first in the world, with total assets of $ 998.9 billion.

The Qatar Investment Authority (QIA) ranked ninth in the world with a total assets of US $ 320 billion. The Saudi Public Investment Fund ranked 11th in the world with a total assets of US $ 223.9 billion and Dubai Investment Corporation ranked 12th globally with assets of 209.5 million. Billion dollar


Don961 » October 31st, 2017

Workshop on the importance of sovereign funds for the national economy


(Independent) .. organized the Baghdad Economic Forum in partnership with the Secretariat of the Council of Ministers and his second workshop (within the framework of workshops agreed upon between the parties), under the title "sovereign funds and their role in the development of the Iraqi economy."

The workshop was moderated by the vice president of the administrative board of the forum, economist Bassim Jamil Anton, in the presence of a number of relevant officials, parliamentarians, local and foreign economic figures, academics and representatives of some embassies, international organizations, the World Bank and the United Nations.

The Secretariat said that the organization of the Baghdad Economic Forum in support of the steps of the government and the private sector to unify the visions and procedures to develop the Iraqi economy and diversify sources of state income to face future economic shocks.

For his part, the head of the administrative body of the Baghdad Economic Forum Fares Al-Salman said in his speech that one of the objectives of the workshop is to develop strategic bases to serve economic security, which is part of Iraqi national security in order to ensure the success of the process of sustainable development.

He added that the aim of the workshop is to come up with recommendations on sovereign funds to be established as well as to define their objectives and mechanisms for managing and judging them rationally by taking advantage of the experience of other countries before us in this field, while putting the national touch in line with the requirements of the Iraqi economy.

In the workshop, a number of working papers were presented on the first, and the advisor to the Prime Minister for Finance Dr. Mazhar Mohammed Saleh entitled (Sovereign Sovereign Fund and the guarantees of economic development) meaning the Sovereign Sovereign Fund and how to finance it as a temporary sovereign fund for real investment financed from allocations of infrastructure projects in the federal budget Which are available from the country's own resources and are constantly offset by withdrawals to extinguish the foreign loans provided by the foreign joint venture companies through the foreign government guarantors and guarantors to ensure the continuous implementation and financing To ensure the timely and efficient completion of the project and continuous financing. The DSS will thus act as the guarantor and financier of infrastructure projects.

While presented a paper d. (The options available to build a sovereign fund in Iraq in the current circumstances and the prospect of its future development), the vision of building a sovereign fund or more, and how to manage and governance and funding and obstacles that may face the Fund. She also referred to some successful international experiences and types of assets that may be possessed by the Fund or the proposed funds with the proposal to form a working group to establish a sovereign fund with a plan to develop its capabilities in light of the experiences of other countries. .

Dr. Raed Fahmi, the former Minister of Science and Technology, came up with the title "Sovereign Funds". He reviewed the main types of sovereign funds, their objectives, strategies, their economic role at the national level and the alleviation of the Dutch disease in the countries of financial abundance.

The paper also discussed the forms of legal frameworks for the funds, their structure, management and governance as well as the risks they may face and the conditions of success of the investment of development funds in the country. The paper also addressed the pros and cons of mismanagement or non-establishment purposes.

The paper also dealt with the model of the French Deposit and Guarantee Fund, its functions and financing, and the entities it oversees and monitors its performance. The paper discussed the model of the Texas School Standing Fund, a Texas-based fund that aims to fund the construction of schools in the state.

The paper noted a. Dr.. Falah Hassan Thwaini, head of the Economics Department at the University of Mustansiriya, entitled "The Possibilities of Establishing a Sovereign Wealth Fund in Iraq", referred to the experience of the Development Fund for Iraq, which was established under the Security Council resolution.

And reviewed the sovereign funds in the countries of the world and the value of assets, and then addressed the reasons for the establishment of an Iraqi sovereign fund and the missed opportunity on Iraq not to establish such a fund when there was a financial abundance caused by high crude oil prices, and discussed the requirements of the establishment of the sovereign fund and the proposed organizational structure, With the proposal of a model of the governance of the Fund to ensure the achievement of its objectives and the protection of assets and addressed the classification scenarios of the Fund (stability, investment, development, submersible).

The fifth paper was presented by Dr. The role of the Iraqi Fund for Foreign Development in the development of the Iraqi economy was reviewed by Hussain Jaber Al-Khakani, head of the Iraqi Fund for Foreign Development and the Ministry of Finance. He reviewed the historical role of the Fund, its time and structure as well as its objectives and role in supporting the national economy. And the nature and quality of the assets it owns.

And eat a. Dr.. The main idea of ​​each type of sovereign funds, the international experience in the field of sovereign funds with the obligations to develop a fund for sovereign wealth in Iraq, And presented (5) types of proposed sovereign wealth funds, and recommendations adapted to the Iraqi situation.

The research paper (The Iraqi Economy and the Development Track under the Development Fund for Iraq) M. Dr..Hamdiya Shaker Muslim / University of Baghdad - Faculty of Management and Economics with a. M. Dr.. Khalid Shami / University of Mustansiriya - Faculty of Management and Economics, and dealt with the adoption of the idea of ​​creating an Iraqi sovereign wealth fund suited to the reality of the Iraqi economy. The nature, nature and indicators of the performance of the Iraqi economy, sectoral structure of GDP, the importance of the oil sector in the Iraqi economy, and the paper presented a strategic vision for the development of the development of Iraq's sovereign fund.

During the discussions and interventions, the head of the administrative body of the Baghdad Economic Forum Fares Al-Salman addressed the forum's vision, pointing out that Iraq is characterized by abundant sources of resources and natural, financial and human resources as well as the importance of its geopolitical position in the region, which necessitates the urgent management of its resources And its economy, and this requires the implementation of measures to reorganize the Iraqi economy to promote the pillars of sustainable development to create a dynamic economy, including the establishment of a package of sovereign funds managed by good governance and transparency as well as the development and support of the Iraqi Fund for Foreign Development sold Barh one of the influence of the Iraqi state tools to secure the vital area within Iraq's national security theory.

In conclusion, I concluded the requirements of the movement to establish a package of sovereign funds and their legal frameworks and methods of governance, management and financing and the implementation of its functions and control.

At the conclusion of the workshop was formed a joint committee of experts of the Secretariat General of the Council of Ministers and the Baghdad Economic Forum to write recommendations. link

Samson » October 31st, 2017

The World Bank : Iraq is making great efforts to reduce spending without affecting the private sector

30th October, 2017

The head of the mission of the World Bank in Iraq, Rubiro Bujouda, that the government is making great efforts to reduce spending and increase the financial returns by following several ways to fill the budget deficit without affecting the private sector in Iraq.

"The challenges facing the World Bank in terms of development work in Iraq are no different from the challenges we may face in other countries in the region," Bujouda said in an online interview with Al-Iktissad News. Which is witnessing a military operation to free it from the grip of a terrorist organization. "

"The Iraqi government is responsible for preparing plans to find solutions to the crisis and the role of the World Bank is to provide support and assistance for the implementation of these plans, as the World Bank provides support at the request of the Government of Iraq and in accordance with the priorities it sets."

He added that "in this area, the World Bank has allocated 350 million dollars for the reconstruction of part of the liberated areas in the provinces of Salah al-Din and Diyala, in addition to the allocation of another amount of 355 million dollars to rehabilitate the main road that connects Basra border Kuwait and the port of Umm Qasr" .

He pointed out that "the Iraqi fiscal policy or to move more accurately" the budget "linked to oil prices, as the decline in the price of a barrel of oil directly affects Treasury revenues There are many factors affect the increase in expenditures, including spending on military armament, Which constitutes a large proportion of Iraq's budget, which in turn puts pressure on the fiscal and monetary policy in Iraq. "

He pointed out that "the government is making great efforts to reduce spending and increase the financial returns by following several ways to fill the deficit in the budget without affecting the private sector in Iraq has been represented by the request for loans without affecting the size of cash in Iraq or on private sector investment "He said.

He pointed out that "the biggest challenge we face is the security situation, not only in terms of the presence of World Bank teams on the ground, but in order to attract interested teams to work in those areas, so the project was placed under the emergency tent, which allows the use of government institutions and private sector institutions to reconstruct those areas "He said.

He stressed that "all reports prepared by the World Bank are carried out through cooperation and work as a team with government agencies, and no data is published only after the approval of government agencies to publish."

"In order to promote the private sector, we must not rely entirely on the government sector to provide employment. The government has started to implement its private sector development strategy by reforming legislation on the development of this sector, Funding to be made available to the private sector, including small and medium enterprises, to provide more job opportunities


Don961 » October 31st, 2017

US Treasury Secretary: We can finance the government until January

Congress is solely responsible for raising the legal limit for federal borrowing

31 October 2017 02:01 PM

Mubasher: The US Treasury Secretary said he was confident that the government could finance its activities until next January, before exhausting the ability of federal borrowing.

"I think we should pay our outstanding debts," Stephen Munchin told Bloomberg news agency on Monday, but stressed that he did not prefer to make debt service payments on other obligations.

Last month, the US Senate approved a package to extend the US debt ceiling, temporary government funding and hurricane aid to the country, with the bill passed to the House of Representatives until Dec. 8.

Congress is solely responsible for raising the legal limit for federal borrowing. Failure to do so may result in the United States being at risk of default.

On the other hand, US President Donald Trump has agreed with Senate Minority Leader Chuck Schumer to look for a way to permanently abolish the federal debt ceiling. link

Samson » October 31st, 2017

Georgia and Turkey inaugurate railway line linking it to the "Silk Road"

31st October, 2017

The leaders of Azerbaijan, Turkey and Georgia on Monday launched a 826-kilometer railway connecting the three countries, establishing a route for goods and passengers traveling between Europe and Asia beyond Russia.

The line, which includes a new 105 km route, will be able to transport 1 million passengers and 5 million tons of cargo.

The three countries are linked to the Baku-Tbilisi-Ceyhan oil pipeline, led by BP and the Baku-Tbilisi-Erzurum gas pipeline. But trade relations between Turkey and the Caucasus are limited, and the new railway Baku-Tbilisi-Kars promises to give economic impetus to the region.

"Baku-Tbilisi-Kars is part of a large silk line and it is important that we have carried out this project out of our own money," Turkish President Recep Tayyip Erdogan said at a railway inauguration ceremony attended by Azerbaijani President Ilham Aliyev and Georgian Prime Minister Giorgi Kverikashvili.

From Baku, the capital of Azerbaijan, trains will stop in the Georgian capital of Tbilisi, ending the journey in the Turkish town of Kars.

The total cost of the project rose to more than $ 1 billion, compared to an initial estimate of $ 400 million. The bulk of the funding came from the State Oil Fund in Azerbaijan.

The Azerbaijan-Georgia railway line was updated as part of the project, which was launched in 2007 and has been postponed several times since 2011.

"There are a few European countries that have shown interest in this project and Azerbaijan is in talks with it," Aliyev said, adding that Kazakhstan and other Central Asian countries were interested in transporting their goods through the Baku-Tbilisi-Kars railway line.

The new route will reduce the flight time between China and Europe to about 15 days, more than twice as fast as sea transportation and at less than half the cost of air transport. LINK


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