Crude Oil Loses Grip on $100 Figure, US Dollar Rebound Accelerates

Crude Oil Loses Grip on $100 Figure, US Dollar Rebound Accelerates

DailyFX1 hour ago

Can't access the Dow Jones FXCM US Dollar Index? Try the USD basket on Mirror Trader. **. US DOLLAR TECHNICAL ANALYSIS – Prices continue to advance as expected after putting in a Bullish Engulfing candle pattern at support set from October 2013.

Japan’s Average Cash Earnings 0.4% vs. 0.7% forecast

Investing.com – Japan’s average cash earnings fell more-than-expected in the last quarter, official data showed on Thursday.

In a report, Japanese Ministry of Health, Labour and Welfare said that Japan’s Average Cash Earnings fell to a seasonally adjusted 0.4%, from 0.6% in the preceding quarter whose figure was revised down from 0.8%.

Analysts had expected Japan’s Average Cash Earnings to fall to 0.7% in the last quarter.

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Late SpecialAgentGibbs and I4U Member Chat

I4U:

Topic: “Don’t confuse your path with your destination. Just because it’s stormy now doesn’t mean your not headed for sunshine”.

[SpecialAgentGibbs] Relax & breathe peeps

[SpecialAgentGibbs] Have you hugged your dinar today???

[SpecialAgentGibbs] Have you taken notice how the “new system” theory is now being adopted by others?

[SpecialAgentGibbs] Don’t put any water into the M reports either, wait for the dust to settle

[Steelerfan] SpecialAgentGibbs this story about M reminds me of Talabani. He’s dead, he’s alive, he’s dead, he’s alive………. lol
….

[ivy10] Has anyone been saying good stuff today about our rv?

 [sananddan24] Ivy10 YES! Have you read “Poof’s” post? SAG says it is pretty much solid! :whoohoo:

[SpecialAgentGibbs] It actually infers that the whales are gathering for feeding…

[sananddan24] SAG infers?

[Steelerfan] SpecialAgentGibbs Lets hope they get fed this time!!

[pursuitoftruth] SpecialAgentGibbs Do you think it is possible they are wrapping all currency resets in this one deal?

 [SpecialAgentGibbs] pursuitoftruth IMHO, when the keystone is placed, all else will fall into position

[sandytob] SpecialAgentGibbs what is the Keystone? I just got here.

[SpecialAgentGibbs] sandytob ummmm, the dinar

[SpecialAgentGibbs] If, as we have been told, all countries currencies are to be valued according to their perspective assets, then why are they all waiting for the dinar???

[pursuitoftruth] SpecialAgentGibbs Interesting question but I have always understood it is the key. Probably because all the countries have dinar!???

 [SpecialAgentGibbs] pursuitoftruth OK then, why? What difference will them holding dinar actually make? What will those countries exchange it for?

[sandytob] SpecialAgentGibbs Oil credits.

 [SpecialAgentGibbs] sandytob 197 countries???

[SpecialAgentGibbs] Then one must ask, just how much oil can Iraq provide?

[SpecialAgentGibbs] The oil credits surely are not limitless

[SpecialAgentGibbs] Else China would not be veying for the IQD here

[sandytob] SpecialAgentGibbs So……..what is the answer?

 [SpecialAgentGibbs] That infers that the oil credits are indeed limited, and therefore must have been regulated

 [SpecialAgentGibbs] With that given, it really makes no sense that all the other countries really need to wait on Iraq to RV/RI

 [SpecialAgentGibbs] Yet, they are

[HIGHERGROUND] SpecialAgentGibbs we also know it is not just the iqd…but it is the NEW System, Basel III compliance, country to country platforms, the NEW TRNs… this is truly a complete Reset… the iqd is simply the “keystone” as you put it and the patsy for the timing of everything….

[SpecialAgentGibbs] HIGHERGROUND All simply to buy time

 [justincase] SpecialAgentGibbs – buy time for what?

 [SpecialAgentGibbs] The others KNEW the USA would falter on this

[SpecialAgentGibbs] Look back to how long ago there were suddenly several new world reserve currencies announced

[SpecialAgentGibbs] They planned on building a wall around the USA

[HIGHERGROUND] SpecialAgentGibbs and all the countries running to BRICS behind the scenes….

[HIGHERGROUND] SpecialAgentGibbs with the ZAP report tonight…and the whales being called into to the various exchange locations, we will know more by the morning on the validity of his claims..

[SpecialAgentGibbs] HIGHERGROUND We’ve heard that before, not from Zap but, heard it before

[SpecialAgentGibbs] I have to be in the camp that such an announcement surely would be a massive security risk

[HIGHERGROUND] SpecialAgentGibbs Agreed….but the collusion of information, and what we see manifesting in Iraq for the sake of GOI completion, sure seems better then previous times…

[HIGHERGROUND] SpecialAgentGibbs …I know…interesting but ZAP sure seemed to think that this being the last week and all transactions would begin to take place and there is nothing the bad guys can do to hide now..

[SpecialAgentGibbs] Right hand….Left hand

[HIGHERGROUND] but…the good thing…is we are seeing lots of info come together….TRN’S active country to country….live rates on back bank screens, BRICS banking going live… GOI almost completed…etc, etc…

[SpecialAgentGibbs] Take this message VERY seriously. POINT OF NO RETURN

http://www.youtube.com/watch?v=Kajb8bzIdpU

[SpecialAgentGibbs] Again folks please do not try to apply timelines

[SpecialAgentGibbs] It simply does not work that way

[SpecialAgentGibbs] Many little things can pop up at the last minute…no biggie, they get dealt with as they come

Mnt Goat Wednesday night post emailed to Dinar Recaps

(Thank you George for emailing this to Dinar Recaps.)

UU7733 –  Candidates for the Prime Minister are announced

Hi Everyone,

I come to you today to give you a recent update on the election process and how this relates towards the international rollout of the IQD for Iraq. The news was so overwhelming and just pouring out of Iraq.

This is a time of great anticipation and expectation not only for our ability to finally exchange our IQD but also for the people of Iraq. They too have been waiting but a lot longer than we have. Don’t forget they had more than 20 years with Saddam and then that last 10 years of war. occupation and Maliki. When is it all going to settle down for these people? When will they finally see some resemblance of peace and prosperity?

If you have not read my previous news letter from Friday 7/28,  I encourage you to first read it. Today’s news letter, as in all my news letters, is a continuation of the ongoing saga of the IQD RV process.

Today’s News

It is Wednesday 7/30 and all the news from Iraq is very, very good. Very good for the people of Iraq and very good for us investors.

Today the MP for the Liberal bloc, Riad al-Saadi indicated that the National Alliance has five candidates for the post of prime minister while noting that the outgoing  Prime Minister, Nuri al-Maliki, withdrew his candidacy for the post because of political pressure.

I got to tell you I waited to write this news letter today since I was not sure if Maliki did in fact withdraw his candidacy. The “super bloc” worked. I do whole heartedly believe that Maliki finally turned in the white flag of surrender due to this new political “super bloc”.

Over the last couple months we have already heard on  three different occasions when he had  resigned, then he was back in politics, then he withdrew his candidacy again, then he was back in politics again, then resigned again. So what is it?

So after talking to many of my sources I have come to the conclusion that in fact he would still like to have a 3rd term, if possible, but under political pressure he did finally withdrew his candidacy early today. This is not rumor (at least for now….lol….just kidding….)

So who are the candidates for PM?

As I have said in my last news letter from Monday 7/28 and from previous recent news letters, that when we finally get the list of candidates for prime minister from the National Alliance bloc, the actual voting in parliament is not very far away.

I still believe that they will take the final vote prior to Aug 5th and they will seat and announce their new prime minister to the world. It is not done until we actually see it announced to the world and on public TV for all to see. So we are now in a 6 day window to see this happen. It could literally happen any day, like maybe tomorrow.

So today the names of the five candidates were revealed to us as follows:

1) from the largest bloc in parliament (180 seats out of 328) the National Alliance are:
Ahmad Chalabi
and
Adel Abdul Mahdi

2) from for the State of Law coalition:
Hussein al-Shahristani
and
Hadi al-Amiri

3) from the Mass Reform bloc
 Ibrahim al-Jaafari,

I believe the most likely to win due to his support from all the parties outside the National Coalition is Al Jaafari. We wait and see how it turns out. Note Maliki’s name was not presented as a candidate.

The Continuing 2014 Budget Saga

In past news letters I mentioned that Jubouri, the speaker of  parliament, instituted a formation of a temporary committee by the House of Representatives, to work on the budget. This committee included 17 members, headed by Salim.  This legislation has become an immediate  necessity.

Today Iraq parliament sent a modified version of the 2014 budget bill from the committee to the federal government for approval. Next it was sent to the House of Representatives for approval.

Mainly the past differences and issues related to this 2014 budget has been between the governments in Baghdad (GOI) and Erbil (Kurds) on the export of oil from the province of Kurdistan. Mainly it is from how much revenue Kurdistan will be granted from the sales. I have to tell you that 7 months ago, when discussions first began on this topic, there should have been no dispute since the percentage of revenue going to the Kurds had already been spelled out and agreed upon, long time ago. Now they only want the GOI to live up to the past agreements.

Why do I keep mentioning this budget?

So today the really good news is the budget approval has happened in parliament after the members agreeing on all points. This new budget was agreeable to  members of the parliamentary bloc of the State of Law and the agreement made with all the political blocks in the House of Representatives.

Folks we had a passing of the budget for the year 2014. Hurry ! Finally !

Do you remember that I also told you that the RV is not dependent on the budget being passed but the budget needs the RV prior to opening it and spending it. So I said that when we see the budget passed, the RV will come very soon afterwards, if not just before. We are soooo close to an RV !

Summary

So today’s news is all very, very good news.

These two tid bits (indicators) of news today are extremely important and we have been waiting for this news. We have been waiting  all along to see these signs that we are very near to getting the final rollout of the IQD to international.

Ramadan is now officially over. Eid al-Fitr the last day of Ramadan, a festive day and so it too is also over.  Will Iraq now finally complete the formation of their new  government? There is one last step to complete it and that is to announce the prime minister. I was told they will complete the new government within days if not hours after the holiday.

There are many that say they want to roll this RV out by end of July. Today is July 30th just one more day to the month of July. I too believe this is true. It has been stated many times since January that this is a target in many articles.  I have not heard Iraq say it will be delayed. Can they do it?  They seemed to have missed most deadlines/targets in the past and always find a way to deal with the consequences. I am optimistic they will complete it this time. We are soooo close.

I want to emphasize once again this final announcement  of the IQD going international will not happen until the USA feels the Iraq government is stable, non-sectarian and is a functional government. This is has been the plan all along. They may have wavered a bit on how the plan was implemented but the overall plan guidelines have not changed.

Peace and Luv To Ya All,

Mnt Goat

Tlar & Friends Q & A With Comments Part 2

Tlar & Friends Q & A With Comments From Updated Email To Family & Friends Part 2

Jonathan Simmons:        Thanks for your response but I’m still not getting an answer to my specific question. If you or anyone knows please Are there assurances given to the NA that Badr’s (or any other) bloc can pull a switcheroo and vote for the SOL once the voting commences.

 Is it possible that this could be part of a ruse to think the NA now has the numbers and lead them into thinking the NA’s candidate will win when in reality they vote for Maliki?

Just because they vote for NA in the bloc voting doesn’t mean they have to come the actual vote in Parliament. Is there something Badr would have had to sign to lock his support in place?
~~~

RDiddy:  I may be wrong, but I believe that the POR is going to call on the NA to nominate their one candidate, and that person (and his COM) are going to get a yes or no vote.  This isn’t a multiple choice vote.   But let’s get some other opinions on this.

Tlar:   old, I’m not sure but I believe you maybe confusing the process of the NA and parliament.  When the NA hones the 5 to one, they will take the one to parliament.

 Most likely  it will be a two step process within the coalition.  The coalition will first decide amongst themselves who they want probably by secret ballot, then they will present the nominees to the NA floor for an up or down vote with the coalition voting in locked step specifically for their guy.

 So no matter who the SOL runs, if the coalition has over 90 MP’s (half plus 1) all voting in locked step it is all over.  It is my belief they will have way more than 90 but that is yet to be seen.  So the SOL can really put up anybody they want.  It makes no difference.

The coalition in my mind is leaving nothing to chance on this.  There will be no vote until they are sure they have the numbers and have decided on their one guy to back. 

The coalition is in process of sorting out their nominee internally within the coalition only, Chalabi or Mahdi. 

That most likely will be done just as Kurds did it, secret ballot within coalition not the NA.  ‘

Once the coalition has decided on their one guy then the vote will take place in the NA.  Then the NA at large will go to parliament with one nominee only. 

Everything I have mentioned above is taking place in the NA only and once they identify that nominee, then al-jubouri will hold parliament and Masum will ask the NA who is their nominee and then Masum announce the new Shia nominee for PM.  tlar

KJ Wayne:  Jonathan, to answer your question and be sure about it ,I would have to say NO. This is Iraq and nothing is assured over there. After years of being in this ride and learning as I went, I would bet that Badr is OUT of the SOL,period. Signing stuff in Iraq don’t mean squat. It will be settled when the NA votes for one and only one.Then that one has to pass the test in parliament or do it again.

Oldwazhisname:   Thanks Tlar, that is what I was saying, albeit less elegantly.  Could you also clarify that the mere naming a a PM candidate is not the “formation of the GOI”? 

Wouldn’t that only be after the PM elect has publicly presented his list of ministers of government and after the Parliment has voted in favor of that list of total ministers? 

Also, is there any dickering that goes on to replace a given governmental minister with another or is that all part of the process of bargaining for votes in the first place? 

Is it possible, if say the SOL says , okay in order to have say Mahdi as NA’s PM candidate, we want our guy as Defense Minister.  Can that guy be stripped out of the list or is it “an all or nothing” kind of situation?

Tlar:       oldwazhisname,  it is not a legal government until the up or down vote on the nominees picks for the ministries and the COM.  Only then do we have the complete “change” and a new government.. 

Not until the new PM presents his government ministers and COM is it considered a new seated government because this part has to be done by a vote in the parliament. 

Once the ministers are known along with the COM, the PM elect will present them to parliament for a up or down vote. 

The new PM constitutionally has to provide these names within 30 days to accomplish this. 

He doesn’t have to take all 30 days but he can’t take longer.

Then parliament has to have a majority up or down vote on his government.  If it is a down vote meaning more vote no to his list, then the POR will pick another nominee for the PM position and the process starts all over again.

Allawi in 2010 stated he was ready to go if picked as the nominee and could seat a government within 48 hours. 

Maliki never did seat his government choosing to keep all security ministries under his control which was his first violation of the constitution which he then preceded to violate over and over for the next 8 years. 

It will be different this time as Iraq has seen the value of a constitution and has actually started using it as a tool of proof.

 It is my belief that once a PM nominee is chosen, that his picks are already done and the Kurds and Sunni’s already have negotiated with him as to what ministries they will get. 

In other words his government will be voted on a few days after he is nominated and its outcome is predetermined and pre-negotiated with all sects in the coalition. 

I also believe That Turki will see the government as settled upon the NA picking of a nominee that is acceptable to all and won’t wait for the ministries to be announced.

 I could be wrong and Turki might want to see the government seated first, but because this should have already been over and the year is slipping by, I believe he is anxious to get going with monetary change.  Tlar

Tlar:   PS it is also my belief that Turki’s definition of the term settled means that the government is basically decided. ‘

 At the point the NA choose a nominee either Chalabi or Mahdi, in my mind it is a forgone conclusion Maliki is out and a new government will be in.

 I personally think the monetary change is so late now that Turki may decide its over and settled even though not seated.  I am very hopeful he will pull the trigger here but am fully cognizant he may wait until that government is finished and seated. 

It is kind of like the term largest block.  Once that was concluded and defined to be the NA, everything else has fallen into position to finish this process. 

The word settled is a loose term only to be defined in Turki’s mind.  So it’s a best guess that I am making at best.  Tlar

Jaxjags:   Also,……while waiting on the GOI Turki has not stop with pushing the Monetary Reform. Most recently, the CBI signed a contract with VISA/MasterCard. IMO……….the CBI is ready to complete this.

OMG…………….Turki has already said this!!!!

Gorwell:  What at great thread. Thank you to everyone.Waiting…Cautiously optimistic!

Does anyone know how many totally comprise the COM?

Are ALL the positions specifically named positions like: Minister of Defense, Minister of Security, etc. or are some positions generic positions? Thanks,  Gorwell

Oldwazhisname:   Tlar, Great response and expansion on the fine points.  Much appreciated for you taking the time to so completely explain your perspective on this.  Thank you.

BlueyesinLevis:  Great thread. Really educational… good questions.. great replies… nice back and forth. This really has become a top notch group.

I’ll take a wild guess at how many form the CoM..for some reason.. it sticks in my mind…that I remember the number 30.I BELIEVE there are 30 members of the CoM. Bueller?

 DeekonMoses:   Hello Blue, I thought the PM’s Cabinet/COM consisted of 40 ministers and 4 of those were soveren ministries.

If I remember correctly back in 2010 after Iraq held their general elections, Maliki’s opposition decided to give their support to him because of the “Barzoni Initiative,” that initiative consisted of the Kurds 40 Points, the Strategic Counsel Planning, and the Kurds were suppose to get/head one of the 4 soveren ministries which was of the security/military ministries etc,

This was the Barzoni Initiative commonly known today as the Erbil Agreement.

After Maliki got parliaments vote of confidence to be the PM “candidate” he was now allowed to “present” his cabinet before parliament to get their vote of confidence for his cabinet.

 Maliki presented all of them very quickly except the four soveren ministries, those four soveren ministries never got parliaments vote of confidence because Maliki kept them and the Barzani Initiative/Erbil Agreement never got “implemented” or saw the light of day etc.

You know the rest of the story. LOL. I could be wrong, that info is just off the top of my head and it has been a while; I would have to dig up my notes but I believe it’s 40 COM, and that 40 includes the 4 soveren ministries too.

DeekonMoses:                 Actually, I think you were right blue. It is 30. LOL. IDK

BlueyesinLevis:   Deek… what you wrote sheds a lot of light on it.. and if it is 40 or 30.. so be it. I don’t care what the number is.. just looking forward them seating the dang charactors

I also had in mind that there were key Ministers, specificly Defense and Security, that were not part of the CoM…. and you alluded to that as well. -Like I said before.. we have a good group here.

 DeekonMoses:    Prime Minister: Nouri al-Maliki (State of Law (SOL)/Daawa) will also be acting ministers of Interior, Defense, and Minister of State for National Security until candidates can be approved.

Deputy Prime Ministers: Saleh al-Mutlaq (Iraqiya/Hewar); Hussain al-Shahristani (SOL/Independent) — with oversight of energy policy — and acting minister of electricity [but Reuters names Ziad Tarek as

Minister for Electricity; Roz Nouri Shawes (Kurdistan Alliance (KA)/Patriotic Union of Kurdistan (PUK)), and acting minister of trade.

Minister of Foreign Affairs: Hoshyar Zebari (KA/KDP) will also be acting minister of womens’ affairs.

Minister of Finance: Rafia al-Issawi (Iraqiya/Mustaqbal)

Minister of Oil: Abdul Karim al-Luaibi (independent but associated with Daawa)

Minister of Higher Education: Ali al-Adeeb [Ali Al Adib] (SOL/Daawa) will also be acting minister of state for national dialogue (reconciliation).

[Reuters names Amer Al Khizaii as State Minister for National Reconciliation Affairs]

Minister of Housing and Construction: Mohammed Sahib al-Daraji [Reuters names Mohammed Salem Al Laban] (Iraqi National Alliance (INA)/Sadrist)

Minister of Education: Mohammed Tamim (Iraqiya/Hewar)

Minister of Industry and Minerals: Ahmed Nassar Dali al-Karbouli [Ahmad Nader Dali] (Iraqiya/Tajdid)

Minister of Justice: Hassan Shimari [Hassan Al Shumari] (INA/Fadhila)

Minister of Culture: Saadoun al-Dulaimi [Saadun Al Dulaimi] (Wassat/Constitution Party)

Minister of Communication: Mohammed Tawfiq Allawi (Iraqiya/Wifaq)

Minister of Science and Technology: Abdul-Karim al-Sammaraie (Iraqiya/Tajdid)

Minister of Environment: Sargon Lazon Sliwah [Karkis Sleiwa] (Rafidain/Assyrian Democratic Movement)

Minister of Agriculture: Izzuldin al-Doula (Iraqiya/Iraqiyoun)

Minister of Displacement and Migration: Dindar Najman (KA/Islamist Coalition), will also be acting Minister of Municipalities and Public Works

Minister of Health: Majid Mohammed Amin (KA/PUK)

Minister of Human Rights: Mohammed Shiya al-Sudani [Mohammed Shayaa] (SOL/Daawa)

Minister of Labor and Social Affairs: Nasar al-Rubaie (INA/Sadrist), will also be acting Minister of Planning

Minister of Water Resources:  Mohaned al-Sa’adi (INA/Sadrist)

Minister of Transportation:  Hadi al-Amiri (INA/Islamic Supreme Council of Iraq (ISCI))

Minister of Youth and Sport: Jassim Mohammed Jaffar (SOL/Daawa)

Minister of State for Foreign Affairs: Ali Abdullah al-Sajeri [Ali Al Sajri] (Wassat/Constitution Party)

Minister of State and Government Spokesman: Ali Dabbagh (SOL/Daawa)

Minister of State for Parliament Affairs: Safaa al-Din al-Saafi [Safaa’din Al Safi] (SOL/Independent)

Minister of State for Provincial Affairs: Turhan Abdullah (Iraqiya/Turkman)

Minister of Tourism and Antiquities: Liwa Smisim (INA/Sadrist)

Ministers of State (without portfolio): Yassin Mohammed Ahmed (INA/ISCI); Abdul-Mehdi Hassan al-Amtari (INA/Sadrist); Hassan Radia al-Sari (INA/Hezbilah); Bushra Hussein Saleh (INA/Fadhila); Diyah al-Asadi (INA/Sadrist); Salah Mazahim al-Jabouri (Iraqiya/Hewar) Additional unnamed positions:

Minister of State for Non-Governmental Organizations (KA)

http://www.iraq-businessnews.com/2010/12/22/full-

http://www.currencychatter.com/apps/forums/topics/show/12971742-email-to-family-07-30-14?page=3

Tlar & Friends Q & A With Comments Part 1

Tlar & Friends Q & A With Comments From Updated Email To Family & Friends Part 1

Buttercup:  Tlar, thank you so much.  I haven’t heard anything lately about those committees set up to revisit the budget and pull out all the Maliki b.s. — do you know anything about that, Tlar?  Hopefully, the budget is done now with all necessary revisions and only needs a vote.  Thanks again.

DreamWeaver:  Tlar, once again.  Great post that is appreciated.  Respectfully, I don’t agree with you on two points.

#1 – August 8th is way too optimistic in my opinion IF I were going to specify a date.  Love ya Tlar,  :)  but IMO there will be no “settled political situation” until new PM and his ministers and cabinet are voted in by Parliament–and I just don’t see that being finished by August 8th.

#2 – IMO there is no “settled political situation” with ISIS running amock.  Yes, I believe the Sunnis will resolve it relatively quickly after Mal is gone, BUT that will still take some time.
~~~

  DreamWeaver Continues:  Turki had his hands full just dealing with counterfeit situation and getting to 2% spread, so I cannot imagine that he would risk ISIS being able to buy massive weapons through an RV that surely didn’t need to occur until after ISIS’ demise.

For nearly a year, I’ve expected this RV to occur around this time because of what I’ve gleaned through reading articles, etc, as everything seems to be dovetailing at this point  (banking, smart cards, tariffs–with SFA in Sept) and I agree 100% with you that the RV is event driven.

The RV has always been event driven — though trying to figure out which event or series of events will trigger the RV is like being in a dark room, blindfolded — taking swipes at a pinata.

We do not disagree that this is the optimum time … and I respect that you may be accurate about the rate … but I just cannot get all worked up about August 8th, yet, as Iraq is a mine field of disappointing expectations … as they just don’t function in a logical way.

 That’s my 2 cents, my friend, and would welcome your thoughts on how Turki could possibly view just an elected PM as a “settled” government when Parl could vote it down and while ISIS is still a threat.  Blessings ~ DW.

Rissas dad:   Thanks tlar. Don’t expect much news today as you say, but I am looking to see how quiet Maliki and his supporters are today. I think we can bank on him being done and if there isn’t any of the usual posturing by them today then I think we can rest easy and look forward to tomorrow.

RDiddy:  Thanks for sharing your thoughts, Tlar. They’re moving at lightning speed, compared to the last 5 years I’ve been part of the dinar world. Thank God the Iraqi people are finally going to have the freedom and democracy they’ve been waiting for.

Blue Duck:  Very good Tlar, I love the way you put the forth coming events but must say DW raises some valid questions…thanks for the brain stimulation as there’s much to think about over a cup of coffee…Cheers!

Laura:  Takes lots of time to shift through information, and put together a conclusion.  No matter the date, we really are almost there, and appreciate everyone’s efforts so very much.  Thank you, Tlar!

Good morning everyone…..great start for another good week, one more day…closer.

KJWayne:   Everybody has thier own opinion of what is happing and what is about to. DW brings forth good concerns and tlar has good understanding of the articles that have been put forth.

We don’t have to make any decisions because WE are not in the equation. All we have to do is wait. We are real good at that! Take this time to go over YOUR plans for cashin in and your steps to the rest of your future. When this thing hits(RV), it might be to late to start planning or mistakes can be made.

Go hug your kids and grandkids today and everytime you get a chance. I’m sure gonna plan on my grandkids being taken care of for a while, after RV . Ya’ll, here on CC. matter to me !  see ya.

rissas dad:   DreamWeaver, you asked Tlar but I hope you dont mind if I express my opinion.  If you do mind, please just dont read it.

You bring up some points that I have been thinking about as well.  As an optimistic-skeptic I believe as you do. 

However I think Tlar is betting that the council of ministers has already been decided upon, regardless of if it is Mahdi or Chalabi.  There are indications based on presented articles that they have been meeting for a good while on this new government. 

The most important thing here, and you talked about yourself, is the ISIS problem.  They dont have time to delay this any longer than absolutely necessary.  ISIS themselves have said they will return to Syria once Maliki is gone.  The sunni tribes have said they will force them out also. 

The US have said they will not help Maliki dispel them as it would be seen has helping the Shia.  But a non-sectarian new Iraqi government, thats a whole other story. 

The US can help a gov that is represented by all.  It wont be seen as devisive. 

In other words, this is being setup to be resolved very quickly.  They say they will leave, the US will help force them out, and the sunnis will turn on them.  Not to mention the Peshmerga.  It wont take long.

The PM and his cabinet will be released very soon.  I do not expect there to be a delay in between the naming of the PM and the forming of his cabinet. 

Will all of them be put up for a vote in Parliament on the 5th?  Probably not but Massum and Jabouri arent playing around.  It wouldnt surprise me if sometime between the 5th to the 8th they will be presented for a vote. 

And they will be voted in just as Massum and Jabouri were, quickly and without much here-to-fore.  They dont have time to waste.

The other reason and probably the biggest is they are broke.  That word should be capitalized. 

And not the RV is in the budget thing, I mean money for them to operate and fight this incursion and get things going.  And I dont buy this ISIS robbing banks and stealing dinar. 

The first Mosul story turned out to be bull to.  There have lots of articles stating there is no liquidity in the banks.  Milliions of dinar in a single bank.  Nope, sorry.

Sure some is dispersed around over these years to some groups who we probably dont want to have it, but that wont change.  Most of those groups spend as they get it which means dollars, not a dinar that may be worth alot at some point.

Just my two cents. 

The only delays of the last few weeks have been the constitutional restraints, which have been well within the outlined timeframes, and boxing in Maliki and eroding his support within the NA (ie state of law). 

The other delay was the “feast” which will be over tomorrow.  If you dont think they are in a hurry, think about Ramadan.  Have you ever seen them do a fraction of what has been done this year!  That speaks volumes.

BigJohn:  Thanks Tlar. Great summation of where we are.

DW. Turki said he would Not Hesitate to push the delete the zeros project forward. you do raise some interesting questions. But, I have to agree w Tlar that this is not going to drag out.

We are so very very close.

Jonathan Simmons:  Thanks, Tlar, you summed it up very well. My only question has been asked a couple of times by myself and others but really hasn’t been responded to, and maybe you don’t know.

Are there assurances given to the NA that Badr’s (or any other) bloc can pull a switcheroo and vote for the SOL once the voting commences.

Is it possible that this could be part of a ruse to think the NA now has the numbers and lead them into thinking the NA’s candidate will win when in reality they vote for Maliki?

Just because they vote for NA in the bloc voting doesn’t mean they have to come the actual vote in Parliament. Is there something Badr would have had to sign to lick his support in place?

I know this is kind of a reach and don’t expect it to come into play but it would be good to have more certainty of the situation.

 I don’t believe Badr’s bloc members are threatened because of immunity being lifted as that is the case with some other SOL members who are tied in closer to Maliki, but when you start throwing in Shakristani and Dawa’s names in there it raises a bit of a red flag as I would expect some of them would be susceptible to prosecution once immunity if lifted after the vote.

As far as DW’s comments go, I think ISIS is going to have their collective **** handed to them in short order. The writing on the wall is plain to see and we’re already starting to see movement, leaders killed, ammunition brought over (can you say Hellfire missiles), and some heading for Syria.

Once Maliki is officially gone I think the motivation for them to fight will diminish as well as it will basically achieve what they’re fighting for.

We’ve been storing up intelligence on them for a couple of months now and you can see that when we want to target someone (Baghdad Ali sp) we’ve managed to do it well. IMO this will ramp up quite a bit over the next couple of weeks.

The Aug 8th date seems to imply the last day constitutionally that is on the calendar for the 15 days to be up (and I know you know that DW).

How Turki reads a complete GOI is anybody’s guess.

Will a new PM be enough or will having his full Cabinet and ministers in place be considered complete.

Knowing that the POR can appoint basically whoever he wants if the first nominee can’t form his Cabinet or is voted down, the fact that there are two very reliable candidates for the post of PM, and the enormous rush to get all this done quickly and form the government, along with all the economic reasons to do this, I side closer to Tlar’s timeline. Here’s to urgency and smooth sailing!

Rocko:  I believe they will know the nominees before voting. I don’t think Jourbori would have a vote if Maliki is a nominee. Even if he is the rest of parliament wouldn’t vote him in and Masum could then choose Mahdi of Chalabi for a new nominee. I think we’re in a good place either way.

Rockstar:    I also believe that they already know who the next PM will be and the ministers have already been in the process of being selected! I read this in an article last week it was just one sentence that said they were in the process of selecting the ministers, just can’t remember where.

Anyway it looks like Tlar put out the August 8th date because constitutionally that is when they must have the next PM selected, he is not saying it will RV by that date.

I always remember that Allawi said he could seat his goi within 48 hours so I do not believe it will take them another 30 days to do this! The budget is going back to Parliament also next week to be voted on as well so there are so many things lining up that we need to see!

Now IMO I do believe as long as the PM is set and the ministers do get voted in Parliament very shortly then we will see an increase in the value of the Dinar!

Hopefully by the middle of August they can accomplish the fully seated GOI. I also believe that Isis will be a moot point once the new PM is selected. They have even said themselves that once Maliki is gone so will they!   Great post Tlar thanks again for sharing some great information!

Tlar:  Jonathan Simmons,   Artices are now saying Maliki just wants a MP position as we all suspect just to keep his immunity.   Other articles are saying he has pulled his name from the short list of PM’s.

 We know that al-Jaafari is in that list as well as Sharistani and Chalabi and Maudi. 

When they go to vote al-Jaafari and Shahristani will be quickly dispatched because they too are unacceptable to the Sunni’s and Kurds, leaving either Chalabi or Mahdi as the winner. 

Both al Jaafari and Sharistani’ blocks had really bad showings in the recent elections gaining only a couple of MP’s each.  They have very little political support because of their association with Maliki and their abandonment of the SOL. 

So both the SOL and the coalition have problems with them.

When it comes time to vote each member in the NA whether Coalition or SOL, will have one vote and that vote can only be cast toward one of the nominees on the list. 

Maliki is out period by pulling his nomination unless he re-nigs again and wants the SOL to put him back on the list.  The SOL as a party has committed political suicide and as such will get little to no ministries in this new government. 

The real shake up will come when their leadership leaves the country and in my opinion we are very close to that. 

The bank records in Jordan and Qatar of theft by these guys have been there waiting on a moment like this for over a year and go all the way back to when they (Maliki and the SOL) tried unsuccessfully to burn the second floor of the CBI which is where the outgoing money transfers department exists. 

Those records still exist along with where the money went showing bank account numbers and such.  I am sure the forensics have been done sitting in files since 2009.. 

So the leadership of the SOL that has caused so much of the trouble in this process having just lost control through being the largest block, is screwed.  It is only a matter of time now.  tlar

Oldwazhisname:  Tlar, let me ask a question.  The NA has supposedly nominated 5 candidates for PM.

 Don’t you think that the 5 is for consideration by the NA alone in order to vote and narrow them to 1 for the POR to identify/announce as the PM-in-waiting.

 That 1 goes out and identifies all of his minsisters and the balance of the government positions he is asking for final approval on?

 Comments here seem to have people thinking that 5 different guys will go out there and try to form a government and all come back for vote by parliment.  That would be total chaos.

DreamWeaver:  Hey, “Duke”   … love seeing John when you post.  One of my all time favorites.

Just to be clear about my post.  It wasn’t about date dragging out … though I still believe August 8th is very optimistic considering this group of guys are more interested in crossing “t”s and dotting “i” s than rushing forward.

The point of my post was that Tlar and I do not see eye to eye on our interpretation of  what Turki means by “settled” government.

 Even if the PM and the entire government were elected and seated by August 8th, I’d still disagree with Tlar about Turki doing RV with ISIS still at large .. which will be the case as there is no way ISIS will be instantly handled on the same day the GOI is seated.

No matter.  Just my thoughts.  And sense I’m a very optimistic person, I’m in Tlar’s corner on this one!  :D  Best thoughts, Big John, and all — good points made.  ~ DW

Big John:  DW…you made some very valid points earlier. The fact is we just don’t know exactly, precisely what Turki meant when he said “settled”.  But, we do know we are far closer than we have ever been in this investment.

For that, we should all sleep better at night, comtemplating what the future holds when Turki does make the change.   in the mean time, I appreciate each and every post. Thank you all

Comments may be made at the end of Part 2

Dollar shines, US yields surge on upbeat US data

Dollar shines, US yields surge on upbeat US data

Reuters5 hours ago

The U.S. dollar index rose above two of its recent peaks — one hit in January and the other in November — to hit its highest level in almost 11 months.

Dollar Holds Longest Yen Gains Since 2005 After U.S. GDPBloomberg
Currency Traders Backing A Strong US DollarFX Empire

Millionday Wednesday Roundtable Part 2

Millionday Roundtable 7/30/14  Part 2

    Welcome to dinarupdates.com for roundtable with Millionday!

    millionday] THE COUNTRY ORDERED SMALL DENOMS FOR THEIR MONETARY REFORM THAT INCLUDES THE PRINTING OF CURRENCY

AND ALSO THEY HAVE TO PUT INTO EFFECT PLASTIC AND ALSO OTHER FORMS OF REVENUES –

THE STOCK MARKET GOING GLOBAL WILL BRING REVENUES AND ALL THAT A NORMAL COUNTRY USES TO FUND WHAT THEY NEED TO FUND

    millionday] STATE WORKERS MOSTLY ARE PAID THROUGH PROVINCIAL BUDGETING BUT CAN ALSO COME FROM FEDERAL PAY DEPENDING ON WHAT THEY ARE DOING –

 FOR INSTANCE FEDERAL BENEFITS WITH OFFICES LOCATED THROUGHOUT THE COUNTRY

AND ALSO CONTRACTS THAT ARE FEDERALLY FUNDED BUT ARE LOCATED IN A PROVINCE — FOR EXAMPLE FEDERAL MANUFACTURING ECT
~~~

     [millionday] WITHOUT ANY DELAY
    [millionday] A spokesman for the National Reform Movement, Ahmad Jamal’s “Tomorrow’s Press,” “The National Alliance bless the House of Representatives his success in the National Merit important goal of the election of the President of the Republic,”

noting that “the National Alliance and as the largest parliamentary bloc number would strive to provide the candidate for prime minister.”

He added beauty to “provide the National Alliance for the candidate to head the new government will be in accordance with the terms of the constitutional and without any delay, and to be asked to form the government to ensure the provision of better services to the Iraqi people and Iraq, which suffers from the security situation and humanitarian difficult and awkward.”

    [jtank] MD–what is article 14?

    [millionday] HERE WE GO

    [millionday] CHAPTER VI: PACIFIC SETTLEMENT OF DISPUTES Article 33 The parties to any dispute, the continuance of which is likely to endanger the maintenance of international peace and security, shall, first of all, seek a solution by negotiation, enquiry, mediation, conciliation, arbitration, judicial settlement, resort to regional agencies or arrangements, or other peaceful means of their own choice.

The Security Council shall, when it deems necessary, call upon the parties to settle their dispute by such means.

Article 34 The Security Council may investigate any dispute, or any situation which might lead to international friction or give rise to a dispute, in order to determine whether the continuance of the dispute or situation is likely to endanger the maintenance of international peace and security.

    [millionday] Article 35 Any Member of the United Nations may bring any dispute, or any situation of the nature referred to in Article 34, to the attention of the Security Council or of the General Assembly.

A state which is not a Member of the United Nations may bring to the attention of the Security Council or of the General Assembly any dispute to which it is a party if it accepts in advance,

for the purposes of the dispute, the obligations of pacific settlement provided in the present Charter.

The proceedings of the General Assembly in respect of matters brought to its attention under this Article will be subject to the provisions of Articles 11 and 12.

    millionday] NOTE — THE STATEMENTS I AM GIVING YOU ARE WHAT THE UN IS CAPABLE OF WHEN THE DISPUTES THAT ARE HAPPENING ARE NOT RESOLVED

    [millionday] Article 36 The Security Council may, at any stage of a dispute of the nature referred to in Article 33 or of a situation of like nature, recommend appropriate procedures or methods of adjustment.

The Security Council should take into consideration any procedures for the settlement of the dispute which have already been adopted by the parties.

 In making recommendations under this Article the Security Council should also take into consideration that legal disputes should as a general rule be referred by the parties to the International Court of Justice in accordance with the provisions of the Statute of the Court.

    [jtank] BGG talked of art. 14–balance of money owed?

    [millionday] NOTE — THE LEADER AND SOME OF HIS SIDE KICKS WERE KILLED TODAY OF ISIS

    [millionday] Article 37 Should the parties to a dispute of the nature referred to in Article 33 fail to settle it by the means indicated in that Article, they shall refer it to the Security Council.

 If the Security Council deems that the continuance of the dispute is in fact likely to endanger the maintenance of international peace and security, it shall decide whether to take action under Article 36 or to recommend such terms of settlement as it may consider appropriate.

Article 38 Without prejudice to the provisions of Articles 33 to 37, the Security Council may, if all the parties to any dispute so request, make recommendations to the parties with a view to a pacific settlement of the dispute.

    [millionday] IT KIND OF MINIMIZES POWER WHEN THE LEADER IS WIPED OUT OR UP HOWEVER BAD IT WAS

    [txoilman] Millionday could you note the last two art.

    [millionday] OH SORRY — YES THE LAST TWO WERE STATING THAT IF THE COUNTRY CAN NOT HELP THEMSELVES — THEY MAY SEND THE PROBLEM TO THE UN TO BE RESOLVED AS WE HAVE SEEN IN REPORTS

    [txoilman] Thank you…..I got lost in all that

    [millionday] NOW THE REASON I WAS SHOWING YOU THIS

    [millionday] LAST YEAR AN EXTENSION WAS GIVEN UNAMI FOR ONE YEAR TO IRAQ — IT WOULD END TODAY

    [millionday] HERE IS THE REPORT CONCERNING THIS AND HOW THEY WILL REMAIN TO HELP

    [millionday] Security Council adopted today a U.S. decision to extend the mandate of the United Nations Mission for Assistance to Iraq, “UNAMI” until July 31, 2015. He condemned the decision (which was adopted unanimously) “terrorist attacks by Daash in Iraq and the Levant, and the human toll, which affected children and displaced more than a million Iraqi civilians.”

The Council resolution “serious concern about the current security situation in Iraq, resulting from large-scale attack launched by terrorist groups, especially the group Daash in Iraq and the Levant, and other armed groups associated with them.”

    [millionday] NOTE — IT IS EXTENDED AND HERE IS SOME OF WHAT THEY ARE PLANNING

    [millionday] The resolution stated that “progress Daash in Iraq and the Levant, represents a threat to the sovereignty of Iraq and its future,” stressing that “the only way to address the crisis requires the cooperation of all Iraqis by meeting needs in the fields of security and political.”

The resolution called upon all Iraqi parties to “the need to overcome the divisions among themselves, and engage together in the inclusive political process, and takes place in a timely manner in order to consolidate the national unity of Iraq, its sovereignty and independence,

 and accelerate the formation of a government that represents the will and sovereignty of Iraq’s population in all segments, and contribute to the finding a solution and lasting glory to the current challenges. “

    [millionday] NOTE — THEY HAVE EVERY INTENTION OF IRAQ BECOMING A GLOBAL FORCE AGAIN AND IN A GREATER FASHION — THEY ARE NOT PLANNING ON ALLOWING THE SPEED WE ARE WITNESSING TO SLOW

    [millionday] HERE IS THE LAST PART OF HIS ANNOUNCEMENT

    [millionday] He also called on the Security Council resolution by the Iraqi government to continue to strengthen democracy and the rule of law and improve security, public order and combat terrorism and sectarian violence and to address the incitement motivated intolerance and extremism in all parts of the country.

The resolution also stressed “the need to continue efforts to strengthen international and regional cooperation aimed at promoting support Iraq and to prevent terrorist groups on the list of sanctions Committee established pursuant to resolutions 1267, 1999, and 1989 to 2011, and in particular the group Daash in Iraq and the Levant, from the use of its territory and countries adjacent to carry out acts of violence or other illegal acts, in order to destabilize Iraq and the region. “

    [millionday] SO THE IDEA IS TO PUT A HALT TO ALL ACTIONS THAT ARE STALLING THE REFORMS — ALL OF THEM AND THE GOV FORMATION

    [millionday] SO AS THEY WERE GIVEN THE RIGHT THROUGH ARTICLE 6 AND ALSO THE UN THEMSELVES

— THEY WILL BE RECEIVING HELP TO HOLD OFF AND RESOLVE THE DISPUTES THAT ARE CAUSING ISSUES WITH SECURITY AND CONFIDENCE –

    [millionday] I HAVE BROUGHT UP CONFIDENCE MANY TIMES AND THAT IS FOR MANY REASONS –

    [millionday] INVESTORS — FRANCHISING —AND ALSO THE SUCCESS OF ANY STOCK MARKET AND BANKING REFORM DEPEND ON IT –

    [millionday] THE CULTURE WILL BE CHANGING DUE TO THE TECHNICAL CHANGES AND ADVANCEMENTS

AND SO WILL THE SECURITY IN THE COUNTRY —

OF COURSE WE KNOW WITH THE NEW GOV THAT MANY CHANGES WILL TAKE PLACE BECAUSE WE SEE THE FEDERAL GOV AND THE KURDS WORKING TOGETHER –

THAT IS NEW AND WONDERFUL — HISTORICAL AND BIBLICAL

    [millionday] SMILE

    [millionday] BRB WITH MORE

    [mrref1216] So this all sounds good, this will take a lot of time :}

    [millionday] NO THIS IS NOT SOMETHING THAT IS WAITING ON A RESULT — IT IS A WAY OF LIFE — HELP FROM THE UN ONGOING

    [mrref1216] want happen overnight

    [txoilman] No it want….

    [millionday] NOT A TIMELINE TO FINISH

    [millionday] WHAT WONT HAPPEN OVER NIGHT ?

    [millionday] THAT IS DONE NOW

    [millionday] IT HAPPENED OVER NIGHT

    [millionday] SMILE

    [millionday] BRB WITH MORE

    [txoilman] I was saying it want take long

    [mrref1216] so all of the above has taken place???

    txoilman] We are locked and loaded

    [mrref1216] sounds good to me

    [mrref1216] ‘lets unlock it lol lol

    [millionday] NOW IF THIS DOESNT LOOK LIKE GLOBAL MARKET ON THE WAY I JUST DONT KNOW WHAT DOES

    [millionday] HERE WE GO

    [millionday] Basra administration announced that the General Company for Ports of Iraq, which is based in the province of Basra, on Thursday, that it was contracted form of joint operation with foreign companies and Iraqi to create 26 berths new inside the port of Umm Qasr, near the location,

as well as the construction of plants for food products and animal feed and Yards to store container depots for petroleum products.

said the company’s general manager Captain Imran Radi said in an interview for “Alsumaria News”, “The company decided to create 13 berths new in the port of Umm Qasr north, where will be on the opposite side of the piers current,”

noting that “these projects include the establishment of yards wide for the storage of containers, and plants, including a factory for the production of vegetable oils, and another for the production of animal feed, in addition to a laboratory for flour. “

 He satisfied that “the 13 berths last of the planned construction of a channel Khor Al-Zubair near the site of the port,

    millionday] ” referred to that style of interoperability requires that the private companies at their own expense to build new berths or rehabilitation and development of berths old, and then operated, management to be a revenue-sharing achieved with the General Company for Ports,

usually contracts long-term, as it reaches its period to more than Ten years ago, the company has Ports Authority that has contracted this formula with many foreign companies, including the Company (NAWAH) American Holding,

 which holds the operating two berths in the port stronghold of the ocean-going vessels of Iran by not less than 90%, and the company (CMA CGM) French responsible for the operation of the pier (4) in the port of Umm Qasr, as well as the company (Gulftaner) UAE based since 2009 to run the pier No. (8) in the same port. noteworthy that Iraq has five commercial ports are all located in the province of Basra overlooking from the far south of the Gulf, and

    millionday] the oldest of those ports port stronghold near the city center, which was created by British forces in 1914, and in 1965 was the establishment of the port of Umm Qasr, which announced the Ministry of Transport in 2010 for a cut in the two ports south and north,

as witnessed in 1989 the completion of construction of the port of Khor Al-Zubair by Japanese companies, one of the ports of the second generation because it contains sidewalks industrial and warehouses for iron ore, phosphate, urea, and in 1976 was the establishment of the port of Abu Flus on the west bank of the Shatt al-Arab within the district of Abu Fertile, a port is relatively small.

    [millionday] SO WHAT WE HAVE JUST LOOKED AT IS THE BUILDING OF A SHELVING AND EXPANSION OF THE PORTS TO FIT IMPORTS /EXPORTS

[blossom] millionday ? Are you going to talk about ur friend that cashed in dinar or did I read that wrong?

    millionday] NO I AM NOT SURE WHERE THAT CAME FROM I MUST HAVE TYPO —

I HAD A FRIEND THAT GAVE UP ON THE INVESTMENT AND IT WAS VERY HARD TO SEE — ESPECIALLY RIGHT NOW — TERRIBLE

    [blossom] ok ty thts sad   no I probably read it wrong senior moments

    [millionday] I DONT KNOW ABOUT ALL OF YOU BUT I CANT STAND WHEN SOMEONE I CARE ABOUT WONT LISTEN ABOUT THE CHANGES THAT HAVE TAKEN SO LONG TO PUT IN PLACE COMING TO LIGHT –

IT IS AN EXCITING TIME AND TO GIVE UP WAS A HARD THING TO SEE —-

    [txoilman] I almost did too and Fishhead talked me out of it

    [blossom] txoilman wowzers!

    [jtank] seems this is the best of times for the rv

    [millionday] WOW — I HAVE TO SAY I MISS OUR FRIEND

millionday] THEY HAVE MADE IT VERY CLEAR WHAT THEY ARE DOING AT CBI AND SO MANY LAWS IN PLACE ALREADY BY PARLIAMENT IS AMAZING —-

THE SPEED THEY ARE WORKING AT IS AMAZING AND NOT WHAT WE ARE USED TO — SO LOVING THE NEWS —

    [millionday] WE DO NOT HAVE A DATE OR A RATE BUT WE HAVE MUCH GOING ON WITH IRAQ — THE ONE REPORT WE HAD ABOUT THE PLAN TO BUILD ON THESE PORTS FOR INSTANCE

    [millionday] THEY STATED THAT IT WAS FOR THE MOVE TO A FREE MARKET ECONOMY AND TO ENTER THE GLOBE —

AND THAT WAS THE SAME REPORT THAT STATED THIS IS THE WAY TO AN ACTIVE MEMBERSHIP TO THE WTO — NOW THAT WAS EXCITING

    [millionday] THERE IS SO MUCH GOING ON AND NOW WITH THE UNAMI EXTENDING FOR THE WHOLE YEAR WITHOUT EVEN MEETING QUARTERLY SHOWS THEY HAVE CONFIDENCE THAT THEY ARE NEEDED

AND THAT IRAQ IS MOVING FORWARD AND NEEDS SECURITY HELP IN THE REGION AND

    [millionday] ONCE AGAIN REFERING TO THEM AS A DEMOCRATIC EXAMPLE

    millionday] I HAVE TO SAY I DONT KNOW THAT I WOULD FOLLOW ANOTHER COUNTRY AS THEY MAKE CHANGES -

(WHICH THERE IS NOT ONE IN THE SAME POSITION AS WE FOUND THIS ONE)

BUT THIS HAS BEEN A RIDE AND A HALF WATCHING THIS ONE THAT IS FOR SURE

    [millionday] LET ME CHECK ONE MORE THING BRB

    [millionday] I WAS TRYING TO FIND THE REPORT ON THE IMF STATEMENT –

THEY SEEM TO BE VERY ENCOURAGED BY IRAQ AND HAVE INCLUDED IN THEIR DISCUSSION ABOUT THE REGAIN OF THE WORLD ECONOMY THE REFORMS IN IRAQ –

I WILL DO MORE READING ON IT AND ADDRESS IT TONIGHT IF WE HAVE TIME

    [millionday] LET ME LOOK AT THE OTHER REPORT ON IRAQ BRB

    [millionday] Coming up on July 31st, the Managing Director along with our Fiscal Affairs Department Director, Vitor Gaspar, will present the findings of an IMF book entitled Getting Energy Prices Right:; From Principle to Practice.

This will be a panel discussion with Nancy Birdsall who head the Center for Global Development here in Washington.

Additionally, the New York Times columnist Thomas Freedman will moderate that event on July 31st here in Washington 10:30 to 12:00 local time. Again, media relations will be coming out with more detailed information closer to that event

    [millionday] OK LET ME SAY THIS

    [millionday] I READ THE INQUIRY AND DIDNT MEAN TO TAKE SO LONG BUT WAS LOOKING FOR ANSWERS FOR US

    [millionday] ALL QUESTIONS ABOUT IRAQ WERE AVOIDED — SO I WILL FOLLOW THE NEXT PRESS RELEASE AND GET BACK TO YOU ON IT

    [millionday] SO SHOCKING

    [millionday] THAT IS THE STATEMENTS WITH THE IMF

    [edreth1] Millionday .. Is that a good thing or a bad , that they avoided you think ?

    [millionday] edreth1 I THINK A GOOD THING –

THEY DONT WANT THE CAT OUT OF THE BAG IT LOOKED LIKE TO ME –

HE STATED HE DID NOT HAVE THE ANSWERS ECT

    [millionday] I WILL SEE EVERYONE TONIGHT AT NEWSTIME AT 730 EST AND DONT MISS IT — THERE IS A LOT GOING ON AND QUICKLY SO LETS CATCH ALL WE CAN

http://www.dinarupdates.com/showthread.php?14210-Millionday-Roundtable-7-30-14

Millionday Wednesday Roundtable Part 1

Millionday Roundtable 7/30/14  Part 1

    Welcome to dinarupdates.com for roundtable with Millionday!

    [millionday] OK HERE WE GO

    [millionday] The head of the National Alliance, Ibrahim al-Jaafari, the leader of the Badr Organization, Hadi al-Amiri, said Mr. Nuri al-Maliki will not become prime minister in the next government.

 A source close to al-Jaafari told ((eighth day)) that “the head of the National Alliance, during a meeting today with the Ameri said that the prime minister will be from within the coalition and perhaps a coalition of law but it is impossible to become al-Maliki as prime minister.

    [millionday] added, Jaafari has among the reasons that prevent al-Maliki to take charge of the third term and was one of the illusion is the refusal of the reference and confirm the change as well as the lack of a national from outside the admissibility of the National Alliance.

The head of the National Alliance, received in his office the parliamentary leader of the Badr Organization, Hadi al-Amiri in order to discuss the latest political developments and security.
~~~

     [millionday] WHOOOPOW

    millionday] SO AS WE SEE THEY ARE NOT HAVING MALIKI AS THE NEXT PM AND THAT MEANS THEY ARE CLOSE OR TO THE NAME OF WHOM IT MAY BE — IMO

    [millionday] LOVE IT

    [millionday] OK BRB WITH MORE

    [millionday] The view of the Special Representative of the Secretary-General of the United Nations in Iraq, Nikolai Mladenov, Tuesday, that Iraq has two options to get out of the current crisis, as “the fall” attributed to the backlog of cases, he stressed that the Iraqi security forces beefed up their ranks around Baghdad and the South.

Mladenov said that “before the Iraq options out of the current crisis is the formation of a Government of technocrats or a Government inclusive”, describing the options that they “represent the future of this country.

    [millionday] “The next Iraqi Prime Minister needs to be trying to build agreement among a larger number of members of Parliament for a vote of confidence, there are two ways to do this,

one is the formation of a Government of technocrats,

 another way is to get a majority based on the representation of various segments of the Iraqi society and I think that was the key to the future”,

 pointing out that “this move may not end the current Iraq crisis but need other steps later to build a broader popular base if the leadership The country to overcome the current crisis.

    [millionday] NOTE — THE MAJORITY AGREEING ON THE PM WILL ALLOW THE MAJORITY TO BACK THE PM DECISIONS SO MAKES SENSE — OBVIOUSLY THE UN REP IS THERE RIGHT NOW

    [millionday] Mladenov said “I can say that, despite the difficulties being experienced by Iraq today, there is a glimmer of hope, a glimmer of hope comes from the fact that Iraqi political leaders have committed themselves to respect the Constitution and serve the timings and this is the only way to achieve a breakthrough for the reunification of the rows in the country and resolving differences between all segments of society.

    [millionday] NOTE — SO THE ONLY WAY IS TRUE POWER SHARING

    [millionday] THAT WE CAN SEE DUE TO THE PAST AND HOW THAT WORKED OUT

    [millionday] NOTE — SOME GOOD NEWS

    [millionday] Description of the Special Representative of the Secretary-General of the United Nations in Iraq the situation in and around Baghdad as “very tense”, but added that “the Organization of the Islamic State and Allied Corps temporarily has stopped.

Mladenov pointed out that Iraqi security forces have beefed up their ranks around Baghdad and the South, stressing that “If the political process is moving more frequently whenever restore morale faster.

    [millionday] And on the events of the connector, said Mladenov was “anticipated by many but it fell so fast was shocking,” adding “this was because of the many unresolved issues.

 Mladenov underlined that “there is no community in Iraq and in the Middle East and beyond the Middle East feel they are far from the threat of terrorism, and Iraq is currently facing a battle of survival it needs international support for it,”

adding that “Iraq’s neighbours need to be aware that the Islamic State is a very serious threat and is not limited to that country and that there is a need to work together to confront the danger.”

    [millionday] I AGREE — THE MIDDLE EAST NEEDS TO MOVE TOGETHER WITH SECURITY AND SO IRAQ NEEDS TO HURRY GET DONE AND THEN PREPARE A JOINT SECURITY FORCE

    [millionday] IMO SMILE  BRB WITH MORE

    [millionday] THIS IS HOW FAST YOU CAN EXPECT THIS TO FLY BY

    [amose02] MD. I just read an article saying “they had approved the 2014 budget “. do you have anything on it

    [millionday] I ACTUALLY WAS TOLD SOMEONE SOLD THEIR DINARS I ALMOST CRIED — GOODNESS THEY ARE WORKING ON IT SO HOLD ON

    [millionday] Baghdad: MP for the Liberal bloc Tariq Kikhany, Wednesday, that the Parliament sent a modified version of the budget bill to the federal government for approval and then approval in the House of Representatives, while noting that the legislation has become a matter of necessity that Parliament is trying to achieve.

 He Kikhany for “tomorrow’s Press,” that “after the formation of a temporary committee by the House, which includes the 17 members headed by Salim al embarked on this committee by sending a modified version of the budget to the federal government in order to see and approve,”

noting that “the government will send this copy to Parliament early next week to be approved. “

    [millionday] He added that “these amendments will take it upon themselves to get the security effects that in some provinces, as well as problems Almujuh between Kurdistan and the federal government and resolve Baltuaqat political,”

adding that “the legislation is the budget has become a necessity that he wants parliament are trying to achieve.”

It is noteworthy that there are differences between the governments in Baghdad and Erbil on some items of the law of the federal budget for the current year related to the export of oil obsolete Kurdistan region of Iraq,

and these differences have caused disable the law was passed despite the passage of more than seven months of this year.

    [millionday] SO WHAT WE HAVE IS AMMENDED BUDGET TO THE TABLE OF THE GOV AND THEN TO PARLIAMENT TO AGREE ON THE CHANGES THAT HAVE OCCURED

    [millionday] THIS IS A HUGE WHOPPER AND FAST FAST FAST

    [millionday] SO THE BEGINNING OF THE WEEK IT SHOULD BE BEFORE PARLIAMENT

    [amose02] is “next” really THIS

    [millionday] AND THE WAY THEY HAVE BEEN WORKING — IT SHOULD COME RIGHT OUT A LAUNDRY SHOOT

    [millionday] NO THE BEGINNING OF THE WEEK WOULD BE SUNDAY

    [millionday] BRB WITH MORE

    [millionday] CHECK THIS OUT

    [millionday] 30 in July announced the Kurdistan Investors Union, Wednesday, Bushra Stzv soon for staff in the Kurdistan region to resolve the crisis, especially salaries. A spokesman for the Union Mahmoud Yassin said that “the crisis on Salaries in Kurdistan on its way to resolve.” Mahmoud transfer what he called the human citizens after the feast of economic terms, adding that “It is expected that the problems are going toward normalization, especially after the completion of the election of the new President of the Council of Ministers in Iraq.”

    [millionday] NOTE — AFTER THE FEAST THEY EXPECT ECONOMIC NORMALIZATION

    [millionday] WOW

    [millionday] AND IT IS OUT OF THE BUDGET SO THEY EXPECT TO AGREE IT APPEARS

    [millionday] The suffering of the Kurdistan region of a severe financial crisis for more than six months after the establishment of Baghdad to cut salaries for the staff of the province within its share of the Iraqi budget, against the background of the dispute with Erbil clauses in the draft budget of the Iraqi public for the current year on the quantities of oil Almtojb the Kurdistan exported and mechanisms.

    [sudo1114] Md. Does normalization mean RV or just better life for Iraqis with salary reinstatement?

    [millionday] MP for the Liberal bloc Riad al-Saadi, Wednesday, that the National Alliance has five candidates for the post of prime minister, including al-Jaafari and al-Shahristani, while noting that Prime Minister outgoing Nuri al-Maliki, to withdraw his candidacy for the job because of political pressure.

Saadi said in an interview “Alsumaria News”, “The National Alliance has five candidates for the post of prime minister,”

 noting that “three of these candidates of the National Coalition they Ahmed Chalabi and Ibrahim al-Jaafari and normal Abdul-Mahdi and the other two from the state of law and two Khodair al Hussain al-Shahristani.”

added Al-Saadi “The Prime Minister outgoing Nuri al-Maliki to withdraw his candidacy for the job,” attributing the reason that “there was pressure from other political blocs

    [millionday].” He said al-Saadi said that “al-Shahristani has a lot of policies and relations, but he is nominated Alkhozai to it from within his own party.”

He religious authority, Mr. Mahmoud al-Hashemi, on July 29, 2014, that the nomination of president of the new government in Iraq must be determined as set apart by the polls, stressing unnecessary to stick entitlement constitutional for the new government.

mentions that the differences are still going on within the National Alliance for the selection of the prime minister for the next government in time, which is still clings to the rule of law Nouri al-Maliki as prime minister,

 the other blocks within the coalition of the Liberal and the citizen refuses this nomination, as well as the other blocks out of the coalition is still continuing in its steadfast refusal to take over as prime minister Nuri al-Maliki for the third session.

    [millionday] SO AS WE SEE THEY ARE VERY CONFIDENT THAT THEY WILL BE RIGHT ON TIME — THAT IS ENCOURAGING

    millionday] OK BRB WITH MORE  THIS IS FUN

    [sudo1114] Md. Did you see my question above?

    [millionday] GREAT NEWS ALWAYS IS

    [sudo1114] Md. Does normalization mean RV or just better life for Iraqis with salary reinstatement?

    millionday] IT MEANT ECONOMIC NORMALCY IN THIS REPORT AS IN PEOPLE GETTING PAID AND THE ECONOMIC EXPECTATIONS IN A COUNTRY MET AND NORMAL — SO THAT IS EXCITING —- THAT IS MY OPINION OF WHAT IT MEANT   SMILE

    [millionday] THIS WAS SENT TO ME BY A FRIEND   AND IT IS GREAT TO SAY THE LEAST

    [millionday] Confirmed Dr. Nahed DECIMAL and Minister of Manpower and Immigration, that the first week of August will see the exchange rate is between 42 thousand to 100 thousand pounds almost pensions for about 62 Egyptians who had been working in Iraq 24 years ago after the outbreak of the Gulf War,

 and from 28 thousand to 77 thousand pounds, almost For the families of the deceased workers owed to the pension total of 7 million pounds.

She noted that the disbursement of these benefits will be for the owners, according to documents on the owner’s function, and deserving of the heirs according to notify the genetics, the value of the “million dollars” by the Iraqi side, which converts it to Rafidain Bank in Dokki.

    [millionday] NOTE — LET ME SAY THIS — WHEN ALL THIS HAPPENED IN IRAQ — MANY EGYPTIANS WERE WORKING IN IRAQ AND DID NOT GET PAID DUE TO THE INSTANT CHANGE THAT TOOK PLACE ECONOMICALLY

    [millionday] SMILE

    [millionday] She continued the minister that these pensions were calculated until December 31, 2013, and that after that date from the first January 2014 will be disbursed pension beneficiaries,

through the identity of the retired are extracted if they were alive, and is converted to pension beneficiaries after the death of the pensioner in accordance with Iraqi laws even If the reason for the demise of the exchange exceeded the legal age for cashed.

She explained that the disbursement of these pensions is the first batch, where the Iraqi side is currently reviewing the rest of the names of the beneficiaries through statements sent by the ministry on the “CD”, and will convert the amounts owed to the second batch after the completion of data recipients.

    [millionday] NOW REMEMBER THAT WE HAVE SEEN THE BANKING SERVICES THAT DO CONTAIN THE PAYMENT CARDS THAT WILL BE USED FOR JUST THIS PURPOSE AND BECAUSE OF SWIFT CODES BEING IN PLACE THE WIRING OF MONEY IS AN EASY TASK AND SET AS WITH ALL COUNTRIES

    [sczin11] millionday with a country complaining of a lack of liquidity, and no budget, where do u suppose the money could be coming from to pay this debt, early august? They are not even paying some salaries NOW…

    [millionday] THE FIRST WEEK IN AUGUST IS NOT FAR AWAY AND THE SPEED WITH THE BUDGET IS NOT A BAD THING EITHER

    [millionday] THEY APPEAR TO BE VERY CONFIDENT IN GETTING THE BUDGET DONE AND THE MONIES MOVING FROM CBI FOR FUNDING BOTH FEDERAL AND PROVICIAL — WE WILL HAVE TO WAIT FOR ACTION BUT THE WORDS THEY ARE USING ARE STATING IT THAT WAY ANYHOW

    [millionday] NOW THEY HAVE SIGNED MULTIPLE AGREEMENTS WITH ALL OWED COUNTRIES AND HAVE MADE IT CLEAR THEY WILL STICK TO THEM AND EVEN IN SOME CASES HAVE STATED THEY WILL BE EARLY IN PAYMENTS SO VERY EXCITING TIMES FOR IRAQ

    millionday] WHEN THEY SET THE INTERNATIONAL RATES FOR EXCHANGE AND THE GLOBAL MARKET IT WILL BE WITH A REALITY RATE CALCULATED AS WE HAVE DISCUSSED BEFORE

    [millionday] THE DATE OF WHEN THESE RATES WILL SHOW HAS NOT BEEN STATED BUT IT WILL ALSO BE PART OF THE ISX AND ESX AS THEY GO GLOBAL WHICH HAS BEEN REPORTED TO BE THIS MONTH

SO IF THEY MAINTAIN THEIR TIMELINES WE WILL HAVE TO WAIT FOR THE ACTION TO SEE

    [millionday] REMEMBER THAT THE RESERVES IN IRAQ ARE NOT BEING TOUCHED AND ARE PART OF WHAT BACKS THEIR DINAR —

 THE MONEY FOR THE BUDGET COMES FROM CONTRACTS AND TRADE THAT THEY ARE TAKING PART IN

AS SOON AS THEY ARE INTERNATIONALLY RECOGNIZED AND CBI HAS A BUDGET THAT THEY CAN USE TO TRANSFER MONEY TO WHERE IT GOES

Comments may be added at the end of Part 2

Baghdad Residents Have High Expectations of New President

With Iraq in turmoil and sectarian violence threatening to explode, Iraqis have expectations from their new president: they want him to guarantee security and keep Iraq together.

Last week, the Iraqi parliament elected Fuad Massoum as president under difficult political circumstances: Iraq is under a massive Sunni rebellion, jihadi militants have captured a third of the country and the Kurds have announced a planned referendum on independence from Iraq.

Massoum succeeds Jalal Talabani, another Kurd and a conciliatory figure for the largely ceremonial post, whose great skill was at getting quarreling parties to sit together for talks.

Marwa Hamed, 29 years old and a government employee in Baghdad, said she wanted to remind the president “to ensure the security and safety of the Iraqi Constitution, and that means maintaining the unity of Iraq’s land and people as well as its natural resources, especially oil, which is the property of all Iraqis.”

She added: “The complex political developments produced by the current phase require the formation of a government that includes the national powers that support the national project.” She said it “must not include all the political blocs, a number of which are operating for regional agendas”

The president and parliament speaker, respectively a Kurd and Sunni, were elected by parliament a week. That still leaves the thorny question of the Shiite prime minister. Nouri al-Maliki is massively opposed by both the Sunnis and Kurds, but refuses to budge from his absolute insistence on staying for a third term.

Ninos Rafael, a Christian resident living in the Karrada district of central Baghdad, said that keeping Iraq together should be the president’s first priority.

“Haven’t we had enough suffering, destruction, killing, and displacement?”

Rafael said the president also must urgently help the Christians in Mosul, which the militant Islamic State (IS/ISIS) has declared the capital of its caliphate, and where it has reportedly especially targeted Christians. The majority have fled for the safety of the Kurdistan Region.

“Our numbers decrease daily. Many of us have been killed and displaced and we are still being targeted everywhere, so we call on the president to immediately intervene to save us,” he said.

One of Baghdad’s biggest problems is with Erbil, where the Kurds say they have had enough of Maliki and are planning an independence vote.

Mohammed al-Qaisi, 24, said that the president “must exercise his authority in addressing the existing problems between Erbil and Baghdad as soon as possible.”

Life for Sunnis and other non-Shiites has reportedly become increasingly worrisome in Baghdad, where secular murders and assassinations are reportedly on the rise. Shiite militias have rearmed in a big way to fight the IS.

In a speech on the occasion of Eid ul-Fitr, Massoum said: “We seek to form a national government based on national partnership as soon as possible and in accordance with the constitution.” He said that tackling security was his first priority.

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