Posts Tagged ‘Iraqi Dinar’

Daily Star: $ 100 billion size of money laundering in Iraq since 2003

Daily Star: $ 100 billion size of money laundering in Iraq since 2003

Publication Date 16/11/2014 09:42 AM

In order to understand how bad things are in Iraq after the US invasion in 2003, we read the final report in 2013 entitled – learning from Iraq – which was written by Stuart Bowen, the inspector general for Iraq reconstruction, who was his office is responsible for auditing the continued waste and mismanagement and abject failure there. Bowen and guess that 40% of the projects sponsored by the United States and has been audited characterized by disorder and major Read more…

Iraqi Dinar Guru opinions 11-15-14

Iraqi Dinar Guru opinions 11-15-14

11-15-2014 Newshound Guru Millionday [So HCL DONE OR JUST A FIX FOR THE RV TO MOVE FORWARD?] THE HCL AND THE HCL FUNDING AND THE DISCOVERY LAW HAS BEEN COMPLETE. [with the article 140, hcl, and erbil completed …what now will hold up the RV?] CBI HAS STATED THEY ARE READY AND THEY ARE HAVING WORKSHOPS TO ACTIVATE THE REFORMS SO I DONT SEE ANYTHING THAT IS HOLDING IT UP — THEY STATE THEY ARE WORKING ON THE REFORMS NOW…MEETING WITH THE KURDS TO RESOLVE ALL OF THOSE ISSUES AND IN TRANSITION TO A MARKET ECONOMY — A MARKET ECONOMY WILL REQUIRE FAIR TRADE AND A REALITY RATE THAT IS INTERNATIONALLY RECOGNIZED. Read more…

Iraqi Dinar Guru opinions 11-14-14

Iraqi Dinar Guru opinions 11-14-14

11-14-2014 Newshound Guru Kaperoni Article: “Baghdad and Erbil agree to convert $ 500 million of the province and the latter puts 150 000 barrels at the disposal of the Federal Government” This was the agreement today to at least throw a bone to each other until a permanent agreement can be put in writing and signed in Baghdad…this will go a long way towards mending the relationship and will help as far as getting critical laws passed in the near future once they are put on the agenda in parliament. Do not over read this…its a step in the right direction, but it is not a complete fix nor is a passing of the HCL law… Read more…

See picture all currencies .. “Daash” acknowledges minting gold coins and silver in Iraq and Syria

See picture all currencies .. “Daash” acknowledges minting gold coins and silver in Iraq and Syria

Posted, 14-11-2014 11:34 PM

Declared organization ‘Daash’ terrorist coin minting gold, silver, copper, especially to be dealt with in under his control in the areas of Syria and Iraq, according to a statement published Thursday sites dealing with news groups ‘jihadist’.
The statement, which carry today’s date and the location of the ‘Office of the house money’ of the organization ‘under the guidance of the faithful in the Islamic state’, any organization’s leader, Abu Bakr al-Baghdadi or ‘Caliph Ibrahim’, ‘will be, God willing, mintage of gold, silver, copper and several categories’.
The organization said that the minting its own coins comes in order to stay Read more…

Iraqi Dinar Guru opinions 11-13-14

Iraqi Dinar Guru opinions 11-13-14

11-13-2014 Newshound Guru Millionday TODAY [WEDNESDAY] THEY DECIDED THAT THEY ARE GOING TO ADOPT THE OLD OIL AND GAS LAW AND WORK ON THE OTHER WHEN THEY CAN GET ALONG ENOUGH TO MOVE FORWARD WITH IT — ALSO THE LAW OF THE EMPLOYEES SALARIES LAW/SCALE (OBVIOUSLY) AND THE NATIONAL OIL COMPANY FINALLY — THE HUSTLE AND BUSTLE IS ON — WE HAVE THE OIL AND GAS LAW — THE OIL AND GAS REVENUE LAW — THE NATIONAL COMPANY OIL LAW –THE CORPORATE LAW– AND THE LAW TO AMEND THE REFINERIES INVESTMENT LAW — WE LOVE ACTION — AND LET ME SAY IF THEY ARE RUNNING OUT OF TIME TO MOVE FORWARD WITH THE OIL AND GAS LAW THEY HAVE WORKED SO HARD ON — THEY ARE SEEMING TO BE IN A HURRY. [what do we have to see in writing to know the HCL is complete?] THE HCL PRINTED IN THE GAZETTE WITH ALL OTHER LAWS AT THE SAME TIME. Read more…

Three Iraqi provinces declare bankruptcy because of the adoption of 2014 budget

Three Iraqi provinces declare bankruptcy because of the adoption of 2014 budget

Publication Date 13/11/2014 08:06 AM

Has delayed the adoption of the Iraqi budget for 2014 because of political differences, and low oil prices to declare bankruptcy three Iraqi provinces, and it stopped projects which analysts warned bankers not to the Iraqi government’s ability to pay the salaries of workers in institutions.

The 2014 budget amounted to $ 140 billion, calculated on the basis of oil price of $ 90, while declining to $ 80 what is causing the financial crisis, especially exchange large sums of money to Read more…

Iraqi Dinar Guru opinions 11-12-14

Iraqi Dinar Guru opinions 11-12-14

11-12-2014 Newshound Guru Adam Montana I’m a bit excited right now and there’s no reason for that feeling to lessen at this time. The Iraqi Government is still making more progress in less time than ever before. HCL: Is on the table in a big way – we’re seeing 3 or 4X the normal amount of articles on the subject, and every single one of them is encouraging. Quote: “there are many laws that will be discussed, notably the oil and gas and the law of the employees’ salaries and the law of the national oil company law. Ebadi said in a statement to the newspaper “morning”, said the law, which will be discussed today…” That is happening NOW, as I type this! Read more…

Bahr al-Ulum calls for calculating the price of a barrel to $ 65 in order to avoid a budget deficit in 2015

Bahr al-Ulum calls for calculating the price of a barrel to $ 65 in order to avoid a budget deficit in 2015

12/11/2014 17:41

Tomorrow Press / Baghdad: called former oil minister and MP for the mass of the citizen Ibrahim Bahr al-Ulum, Wednesday, Parliament to calculate the price of a barrel to $ 65 in the 2015 budget in order to avoid crises in oil prices. Uloum said for “tomorrow Press”, “The drop in oil prices The decline in Iraq’s exports cause a deficit in the budget of 2014 by 27 trillion dinars and the government will not cover it, but 25%, which Read more…

Daash is planning to launch its currency of gold and silver in Iraq and Syria within weeks

Daash is planning to launch its currency of gold and silver in Iraq and Syria within weeks

12-11-2014 01:15 AM

Plans to organize ‘Daash’ to introduce its own in areas that fall under the control of the currency; in an attempt to restore the currency that was used in the Islamic eras, when it was minted from pure gold and silver.
Dinar is still used today in several countries .; but coining of different materials.
The organization is planning to return to the original gold coins and silver, which were introduced for the first time during the Read more…

Iraqi Dinar Guru opinions 11-11-14

Iraqi Dinar Guru opinions 11-11-14

11-11-2014 Community Guest Guru DM If you think about what is happening concerning the three zero LOP. It actually happened in the USA! We used to have bills in these denominations, $1,000, $5,000 and $10,000. The USA wanted to get rid of these high denominations bills just like Iraq is wanting to do now. Our monetary value did not change! What happened is the value stayed the same, we got ten $100 bills instead of a $1,000 bill and so on…Until all of the higher denomination bills were out of circulation. This is what I believe is what will happen in Iraq! Read more…

Minister: Zebari Commission will report on the budget during today’s cabinet meeting

Minister: Zebari Commission will report on the budget during today’s cabinet meeting

11/11/2014 (0:01 pm)

BAGHDAD / Mohammad Sabah

While Deputy for the Kurdistan Alliance said that the Parliament of the region wants to host the Federal Minister of Finance to discuss financial problems with Baghdad, said Minister in the government of Haider al-Abadi said in charge of the development budget, which is headed by Hoshyar Zebari Committee, will present its final report during the cabinet meeting on Tuesday, where the most Read more…

Iraqi Dinar Guru opinions 11-10-14

Iraqi Dinar Guru opinions 11-10-14

11-10-2014 Newshound Guru Millionday THERE WAS SOMEONE…SAYING THAT THE CURRENCY OF IRAQ WAS GOING TO BE LESSENED IN VALUE BY 3 ZEROS FOR US ALL AND THE VALUE OF WHAT YOU HOLD WOULD BE THAT MUCH LESS TO START WITH AND IRAQ WAS GOING TO BLEEP US — THAT IS ABSOLUTELY THE MOST MISINFORMED STATEMENT I HAVE HEARD IN THE WHOLE INVESTMENT. CURRENCY IS NOT JUST A PIECE OF PAPER — IT IS A LEGAL DOCUMENT AND IS SIGNED BY OFFICIALS IN EACH COUNTRY — LOOK AT ONE YOU HAVE…THE CONFUSION…LIES IN THE IN COUNTRY AND OUT COUNTRY CONFUSION WITHIN NEWS — OBVIOUSLY. Read more…

“Daash” “Mosul Ahli” blow the bank after the theft of six billion dinars central Tikrit

“Daash” “Mosul Ahli” blow the bank after the theft of six billion dinars central Tikrit

Mon, November 10, 2014 16:27

Salahuddin / Baghdadi News / .. A security source said on Monday, for organizing a “Daash” blew Bank “Ahli Mosul” in the city of Tikrit, after the theft of $ 6 billion dinars from him.
The source said the reporter / Baghdadi News /, that “regulation” Daash “oldest to steal six billion Iraqi dinars from” Ahli Mosul, “the bank actually in the city of Tikrit.”
“The militants blew up a bank building organization after they stole, what resulted in the destruction of the entire building.”
And experiencing the city of Tikrit, a deterioration in security remarkable Read more…

Shaways looking with British bank “official securing soft loans to ease the burden on the budget.”

Shaways looking with British bank “official securing soft loans to ease the burden on the budget.”

Monday, November 10  / November 2014 17:12

[Baghdad-where]

Search Deputy Prime Minister Nuri Shaways example, has typically Chairman of the State Economic Commission in Baghdad today with Dennis Flannery official City Bank branch in Iraq, the British bank’s activities and prospects of joint cooperation with the new government in the areas of support for the banking sector.

A statement by the Office of the Deputy Prime Minister received by all of Iraq [where] a copy of it, the two sides also discussed the possibilities of Read more…

Shaways discuss with World Bank delegation finance quality projects and confirms: government is serious

Shaways discuss with World Bank delegation finance quality projects and confirms: government is serious about achieving political stability

Monday, November 10  / November 2014 16:57

[Baghdad-where]

Search Rose Nuri Shaways, Deputy Prime Minister and Chairman of the State Economic Commission today with a delegation from the World Bank, who is visiting Iraq is currently the economic situation in Iraq and ways to finance them.

A statement by the Office of Shaways received by all of Iraq [where] a copy of it, “it was discussed during the meeting, the subject of the implementation of Read more…

Iraq losses since 2003, and so far has reached a trillion dollars!

Iraq losses since 2003, and so far has reached a trillion dollars!

10-11-2014 06:31 PM

Do not count the losses incurred by the Iraqi economy since 2003 until today millions of dollars. In a country where poverty and unemployment, losses are estimated at more than a trillion dollars.
Can amount to popularize a whole country, and believes in the welfare of each of the Iraqi people. The government studies indicate that Iraq incurred during the war with the United States since 2003 until 2013 losses as a result of Read more…

Iraqi Dinar Guru opinions 11-9-14

Iraqi Dinar Guru opinions 11-9-14

11-9-2014 Newshound Guru Millionday THIS PAST SUNDAY THEY STARTED WORKING ON THE ISX — THERE IS NO WAY TO TELL HOW SUCCESSFUL THE ISX IS AT THIS POINT UNTIL INVESTORS AND THE WORLD TAKES PART. THEY ARE WORKING ON THE X-STREAM AND ALL OF ITS UPGRADES ETC — GREAT NEWS – THEY TOO ARE IN THE MIDDLE OF WORKING ON THE ESX TO START TRADING…BY THE END OF 2014. THEY DID NOT HIT AUGUST BECAUSE THEY DID NOT HAVE ENOUGH COMPANIES IN THE ESX. THEY HAVE BEEN WORKING TOWARD INTERTWINING TO HELP BOTH MARKETS AND MAKE MORE OF AN IMPACT. […do we seem to get the same news over and over again just rewording it in a different way? Ex. They said the ISX a week ago was ready.] NO…THIS IS NEW THAT THEY ARE WORKING TO GO GLOBAL. Read more…

Government Karbala: maintain a zero balance of the funds

Government Karbala: maintain a zero balance of the funds

Sunday 0.09  November / November 2014 13:53

[Karbala-where]

Detecting financial aide to the governor of Karbala Adel al-Moussawi, on Sunday, that the province’s budget has become zero because of a failure to approve the federal budget.

Moussawi said in a statement received by all of Iraq [where] a copy of it, that “the balance of the province in the banks with a [zero] dinars, and the province is now experiencing the Read more…

Iraqi Dinar Guru opinions 11-8-14

Iraqi Dinar Guru opinions 11-8-14

11-8-2014 Newshound Guru Breitling Article: “5 year delay in the dinar and the project…” What people don’t realize is that is a remarkably good article for us! I don’t know if it’s true or not but it has to do with them coming up with their new currency, it has nothing to do with the currency you and I have now. Does this mean the dinar is not going to revalue until after 5 years? They DON’T need a new currency for the currency you and I have to revalue because it’s a note count issue…it’s very very simple. This article makes the currency you and I are sitting on that much more important. It means the value is going to go up and that’s the currency they are going to depend on. Everybody thinks the notes with the 3 zeros on it is going to be a problem…NO it doesn’t…they just have to move decimals over and that’s it…very very simple. Read more…

Iraqi Dinar Guru opinions 11-7-14

Iraqi Dinar Guru opinions 11-7-14

11-7-2014 Newshound Guru Enorrste Article: “The private sector contributes to increase the value of the dinar ” Quote: “…indicating that it is an urgent necessity…the revaluation of the Iraqi dinar and the increase its purchasing power because of its profound impact on the development of economic reality and the granting of additional currency strength enhance confidence between the currency markets in the world.” …this opinion piece says exactly what we have been saying for the last two years… We are not only on track: we are right on track. …I love quotes such as “urgent necessity.” This is the sort of language that gets me to salivate! I hold to my the float will begin shortly after the new year and the dinar will rise as fast as the CBI allows it thereafter. More than that would be an overstatement. Read more…