Iraqi Dinar Guru opinions 2-16-15
Iraqi Dinar Guru opinions 2-16-15
2-16-2015 Newshound Guru Millionday “Finance Committee revealed in the House of Representatives for open electronic clearing system files across the banks.” THEY ARE OPENING THE ELECTRONIC CLEARING SYSTEM…THIS IS THE OPENING OF THE INTERNATIONAL BANKING SYSTEM PER COMPLIANCE AND HOW GLOBAL BANKING IS DONE AND LINKED.  BANKS…HAVE BEEN ISSUED AN INTERNATIONAL SWIFT CODE SYSTEM…[and] EXCHANGE FOR MONEY COMPANIES…HAVE SWIFT CODES AS WELL. THEY WILL BE CONNECTED TO MANY MANY BANKS ACROSS THE GLOBE WITH THE SWIFT SYSTEM. THIS IS SO VERY IMPORTANT FOR THE ENTIRE PROCESS OF IRAQS GLOBAL ENTRY ETC AND ALSO THE INTERNATIONAL ACCEPTANCE. EVERYONE NEEDS TO UNDERSTAND WHERE THIS PUTS IRAQ`S BANKING REFORM PROGRESS ON THE SCALE OF BEING DONE ACCORDING TO WHAT THE WORLD BANK SEES FOR ITS COMPLETION… HUGE HUGE WHOOOPOW.
2-16-2015 Newshound Guru Kaperoni Article: “Deputy for the Kurdish coalition, said on Sunday that the provincial delegation, headed by Prime Minister Barzani will meet today Prime Minister Haider al-Abadi.” I said..”it isn’t done!” This is a process. First the initial agreement to get oil flowing. Then a sign from each party that they will honor that first agreement. And now more discussions on the remainder of items that will be incorporated into the HCL law. The one hiccup seems to be a lack of funds by the GOI. Today’s meetings implied that the GOI could not make the payment as stated to the KRG which could toss a wrench in these negotiations. Time will tell…but the good news is they are ironing out the HCL so that can go to CoM and parliament soon.
2-16-2015 RUMOR Guru Mnt Goat We wait for the announcement of the ratified budget to reach the gazette for the final step in the process of implementation. This final step has now reached its deadline. I totally and whole heartedly believe they must pass this “package” of new laws and complete the currency reforms on or about the time they open this new budget. A formal announcement that the budget was posted in the gazette will be a clue for us that they are about to open the budget…So you see Al-Abadi along with the CBI have to make a decision soon on when to RV this currency. I believe this decision had already been made weeks ago and was postponed due to recent events in Iraq. We are now in the final countdown window now that the budget is truly ratified and the deadline for it to be posted in the gazette is now overdue. We should hear news of this next event (gazette posting) this week. Then Iraq must fully fund the budget within 24 hours (partly by a revaluation).
2-16-2015 Newshound Guru sczin11 THEY ARE NOT PUBLISHING IN GAZETTE, IT APPEARS, AS THEY NEED ALL DUCKS IN ORDER. I TAKE IT, THAT THEY KNOW THE BUDGET LAW STATES IT MUST BE IMPLEMENTED ONCE IN GAZETTE, AND THEY NEED LAWS FINISHED TO DO SO…THUS THE ALL AT ONCE THEORY, OR CLOSE TOGETHER.
2-16-2015 Newshound Guru Kaperoni Article: “Finance Committee revealed in the House of Representatives for open electronic clearing system files across the banks. Said committee member Dr. Magda Abdel-Latif al-Tamimi, said in a statement singled out the “morning”: that the Commission will open this existing system files in 32 banks…” Some…articles…talk about laws that are needed to activate this system. I don’t know if they are passed yet, but it is clear that this is all tied together with the smart cards, project chunked and international transactions…And a requirement to get investment into Iraq for the market economy. Progress is being made.
2-16-2015 Intel/Newshound Guru Poppy3 I ASSURE ALL OF YOU ISIS HAS ZIP TO DO WITH THE NEW RATE PERIOD.
2-16-2015 Intel/Newshound Guru Poppy3 FAR AS IRAQ BEING BROKE…WELL THEY TRIPLED THEIR GOLD HOLDING IN 2014 WHEN THEY BOUGHT 48 MORE TONS OF GOLD GIVING THEM 148,000 TONS AS RESERVE. THEY ARE ONE OF THE RICHEST COUNTRIES IN THE WORLD. WHAT THEY DO HAVE IS A SHORTAGE OF CASH AND GUESS WHAT WILL SOLVE THAT PROBLEM WITHIN DAYS. THATS WHY THEY CAN STILL QUALIFY FOR BILLIONS IN LOANS. RIGHT NOW THEY ARE PITCHING SOME CURVE BALL AND IN THE DIRT PITCHES BUT RICH FRIENDS GET READY FOR OUR CLEANUP HITTER TO CLEAR THE BASES WITH ONE MIGHTY SWING AT ANYTIME.
2-16-2015 RUMOR Guru TerryK THEY ARE RIGHT ON COURSE…THEY DON’T HAVE TO DO ANYTHING UNTIL THE 18TH UNLESS A VETO HAPPENS. THERE IS NO HOLDUP…THE DOCUMENT WAS SIGNED ON THE 29TH. THE CLOCK DOES NOT START TICKING UNTIL IT HIT THE DESK FOR APPROVAL WHICH WAS THE 2ND OF FEB. THEY HAVE 15 DAYS TO COMMENT, VETO, OR SIGN OFF. AFTER THAT IT BECOMES LAW THEN GOES INTO THE GAZETTE WHICH IS…WED THE 18TH…SO IT IS NOT OVERDUE.
2-16- 2015 RUMOR Guru TerryK BUDGET IS SIGNED. IT IS NOT DUE TO GO IN UNTIL THE 18TH. IF IT HIT THE DESK ON THE 2ND, WHICH IT DID, THEY HAVE 15 DAYS TO VETO IT AND THAT PUTS IT ON THE 17TH AND THEN INTO THE GAZETTE. THE NEXT TWO DAYS WILL BE VERY INTERESTING. IF IT IS NOT VETO IN THE NEXT TWO DAYS WE ARE IN. EVEN THOUGH ITS BEEN SIGNED THERE HAS TO BE A REASON IT HAS NOT GONE TO GAZETTE YET.
2-15-2015 Intel/Newshound Guru Poppy3 I TRUELY DON’T EXPECT TO SEE ABADI LET ANY DISRUPTION HAPPEN TO HIS PLANS FOR FINANCIAL REFORM. HE HAS NOT ALLOWED ANY TIME OFF AND ANY THING DISRUPT PROGRESS THUS FAR IN HIS ADMINISTRATION…FOR NOW I SEE NOTHING IN THE WAY TO STOP ABADI.
2-15-2015 Intel/Newshound Guru Backdoc Article quote: “…affirmed the decision of Parliament Niazi architecture Ihsanoglu, said on Sunday that the parliament session will witness a surprise, noting that all the political blocs will attend the meeting.” WE ARE HEARING FROM A SOURCE…THAT THERE WILL BE A SURPRISE ANNOUNCEMENT TOMORROW! Quote: “Omar Abdel-Latif Finance Committee revealed in the House of Representatives for open electronic clearing system files across the banks.” WE ALSO HEARD THAT…BANK ACCOUNTS ARE BEING RESTRUCTURED TO ACCOMMODATE ELECTRONIC CLEARING OF ALL THEIR PAYMENTS…
2-15-2015 Newshound Guru Kaperoni Article quote: “A member of the Committee for Economy and Investment parliamentary The Prime Minister, Haider al-Abadi, the face of the support of private banks, to ensure financial liquidity movement in the country.” There appears to be a liquidity issue in Iraq right now. This is getting interesting. They don’t have money. The meeting with the central gov and KRG went well…except they cannot pay them. There is a shortage of cash to pay people. What is so sad is…if they would pass the laws and open the economy/dinar there would be plenty of money coming into the country. Iraq is their own worst enemy. When people don’t work, have jobs or even have a government that can pay them, why should a bank lend to them? They don’t. Changing the value of the dinar won’t change that…what will is putting people to work, creating businesses, etc through the successful launch of a market economy. Right now all the GOI is doing is trying to find a way to tread water until the laws are in place, security has taken hold (ISIL is gone).
2-15-2015 Newshound Guru Aggiedad77 “Parliamentary Finance denies the exception of the budget publication in the Official Gazette Law” It is my opinion that they will follow Constitutional protocol and publish the budget…who knows when…maybe today…maybe tomorrow…but the bottom line…they need to publish the budget as with all laws…I am of the opinion for them to “not” publish the budget in the Gazette would take an amendment to the Constitution to do so…just thinking practically here on the subject.
2-15-2015 Intel Guru Frank26 Article: “Parliamentary Finance denies the exception of the budget publication in the Official Gazette Law” LAWS ARE BRINGING THE 2015 BUDGET TO THE GAZETTE as you breath. I ALSO said LAWS are NOW MARRIED to the Budget!! YOU just can’t SEE this yet as of today …MAYBE tomorrow.
2-15-2015 RUMOR Guru Article: “Parliamentary Finance denies the exception of the budget publication in the Official Gazette Law” IN A NUT SHELL EITHER BUDGET GETS PUBLISHED ON THE 16TH OR THE CAN IS KICKED AGAIN…WE WILL HAVE ALL THE ANSWERS LATER TODAY BASED ON WHAT BARZANI DOES. THE STAGE IS NOW BEING SET FOR THIS TO POTENTIALLY GO TO MARCH. WE WILL KNOW WHERE THINGS ARE WITHIN THE NEXT 24 HOURS OR LESS.
2-15-2015 Newshound Guru Aggiedad77 Article: “Parliamentary Finance denies the exception of the budget publication in the Official Gazette Law” The Finance Committee is denying that the budget law has an exception for appearing in the Gazette, stating that all laws must appear in the Gazette to gain legal status…so any statements that the media may have published about not being required to be in the Gazette are false.