Tuesday, April 11, 2017

Word on the Street Tuesday 4/11/17

Word on the Street Tuesday 4/11/17



Late Edition  Visit this Website to see the prices for every day goods



DO YOU HAVE 1 DINAR?

Dinar Line
With the 1 Dinar Line, the tariff is just 1 IQD /second for calls within the Asiacell network. Prices drop even further to (600 fils/ second) between 12 midnight and 8am, and 2 IQD /second to other networks and landlines.
What are the benefits of 1 Dinar Line?
Save money and talk longer with the 1 Dinar Line. With this line, the tariff is in the name: pay just 1 IQD /second for calls within the Asiacell network. Prices drop even further between 12 midnight and 8am. Calls to other networks and landlines cost 2 IQD /second.
Which governorates are included in the 1 Dinar Line offer?
With the 1 Dinar Line, your super-low tariff applies in Al Anbar, Karbala, Al-Najaf, Babil, Wasit, Al-Qadisiyyah, Dhi Qar and Al Muthanna governorates.
Rates for calls and messages on the 1 Dinar Line:
Price (IQD)1 Dinar Line tariff
IQD3,000 (with IQD500 initial free balance after the first recharge with IQD5,000 or more)Line price
1 IQD /secondCalls within the Asiacell network in the covered governorates
600 Fls/secondCalls within the Asiacell network from 12 AM to 8 AM in the covered governorates
2 IQD /second Calls to other networks in the covered governorates
25 IQDShort messages within the Asiacell network
60 IQDShort messages to other networks
150 IQDInternational messaging
120 IQDMultimedia messaging (MMS)
295 IQDInternational multimedia messaging (MMS)
6 IQDInternet (GPRS) for every 10 KB
How to switch to the 1 Dinar Line?
Anyone currently subscribing to the following lines can switch to the 1 Dinar Line: A Day on You A Day in Us Line, Youth Line, Prepaid Line and Almas Line. To switch, send 1 in a SMS for 1000 IQD to 3030.
LINK

HEre are the recharge cards with the lower prices

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sorry it's blurry that's the best I could get it

Word on the Street Tuesday 4/11/17:
TNT CONFERENCE CALL MONDAY 4/10/17 DC NY CALL RECAP:
Good afternoon TNT Superfantastic Family. Today is Marvelous Monday. We are going to talk a little bit. From the info we are going to talk about I think you will all come to conclusion " The writing is on the Wall." Let go over some things from our Friday call and some weekend activity going right into today. There are a number of tidbits we can address and talk about. From Friday we were still getting info .88 cents and others .89 cents basically not 100% publicly. Nothing seen on the screen from US banks and that is what we were getting from across the pond. Some of the weekend reports came in or 100's of ISIS fighters surrendering. Then there was some info that Article 140 was going to be activated upon the liberation of Mosul. Then info came out that preparation to delete the zeros was underway. Now thats a sign. Then there was the CNN broadcast Return to Mosul. It is all good come on back and everything is cool in January. Till this day we have not heard Mosul is all clear and come on back. Could this be misleading or too revealing. Time will tell on that. That was weekend info which will bring us right into today. Then was the weekend conference was today and tomorrow. The main topic is removing restrictions that exist. On Iraqi TV there was an awareness campaign that I told you about on Friday. Here is another awareness campaign of new notes being printed 11 billion being printed in lower denoms. Why would you need a bunch of lower denoms if the currency is not changed or going to be changed? All of the folks that have reported on their card activity, they are all up in the 6 dollar range. Interesting. I think everyone will agree Chapter 7 has been lifted or will come out and no longer an issue. In addition to that, are you seeing the writing on the wall yet? You have price drops going on. If a company drops its price that usually means going out of business. We hear this, but what other reason would you drop the price on something. Unless it has a new value on it .We are talking 10,000 dinar down to 1000. That is a big jump 5000 drop to 250 dinar that is a big drop. That is interesting indeed. Back ove here in the US, we are having rate situations. Some banks are telling customers this morning checking on currencies saying rates not available, because the rates are changing value. There is no available rate for the currencies that some of us hold that some of these banks are seeing today. On hold due to the changing of value of currency. Now is that going to be for the next 2 weeks or 2 months? If it is on hold, I don't think it will take this long. What do you think? I report you decide. Lets see what the members have to say. Q and A: Q: Awhile back we talked about the Iranian Rial and how you heard if may RV at the same time as the Dinar, with all going on with Syria will it still RV? Ray: Last I heard it is still in the same basket and have not heard a lot lately. I hope it is not in the basket and comes out later. Q: Is there a point where 800 numbers are in the past? Ray: I believe they very much do exist, and believe I will get them to send them out to you. That will give us choices of where we would like to go. Q: Does Iraq have to collect or do away with the old currency we hold before we see the new denoms? Ray: No Q: In you opinion is someone is holding the ZIM would it be an advantage to have over someone not having the ZIM. Ray: Yes, it would be a money advantage. I had a member in my state saying they would be accepting the currencies, and yes we will be exchanging them. I can share the rates. Dinar $ 3 plus, and now hearing upward of $ 6 dollars. Dong .47 cents and some saying $2.00. Rial I heard $3.15-3.20. ZIM double digits and would ask for three digit deal. Q: Iraq printing lower denoms? Ray those were printed and a reprinting of the currency. Caller: Catnip: In reference with the finance conference, how widespread is that? The reason I was asking, since there is a posting and a delegation over in Iraq there talking about economy and trade and possibly attending the conference as well. Ray: I did not inquire as to the nature of it. Catnip I am excited hoping to hear Tonys voice again and looking forward to the 10 day post RV time paying it forward. Ray: Ok Thank you. Caller: Tish: This is an intense call. Ray: I think they know it is the last one. Tish: Regarding beneficiaries I did that in 3 banks. Ray: Ok. Ray's wrap up: Yes ladies and gents the writing is on the wall! You are seeing that from rates, people have money available to them and having it now at a new rate. Reports of rates of  $3-$6 dollar calculating conversion outside the country, chapter 7 status, Clearly international status, article 140 immediate on announcement of Mosul. Is it liberated really? Last we heard 93% and how long to finish, or is it finished. Could things take place prior to a public announement. Once a governing body does something, they can implement before it is publicly known. All of what we heard so far clearly, The Writing is on the Wall. Stick a fork in it. Its done, and we are just waitng. Banks folks ready and waiting. Rates on currencies on screen on hold due to change in value. 1st basket and possibly a second, and we will be ready. There will be bank symposiums to attend. They are lining up and getting ready 13 locations across the US and will post on TNT website and in the forum. All of you will benefit from this information. Pay it forward. Not looking for an RV Today. There is a lot of folks saying this is the end. Many say this week, and every reason to believe we are in the week just not in the day yet. A lot can happen in 24 hours, and plan to be here on Wednesday pre or post RV. This should be it. Thank everyone all the mods past and present, to get us to this point . We are waiting for some info to come in update info and when it does, I will send a text or update to read. I will keep you informed from one phase to the next phase. We will leave it at that. Enjoy this Monday and looking for what is yet to come. I Believe it is already done! Rayren98
Forex Rates:

SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1,137.8000  1,194.4000 1,180.0000 1,137.8000 1,180.0000  -42.2000 07:20
 USD/VND  22,280.0000  23,034.0000 22,280.0000 22,243.0000 22,243.0000  37.0000 07:20
 USD/CNY  6.9016  6.9028 6.9062 6.8887 6.9034  -0.0018 07:22
 USD/KWD  0.3048  0.3058 0.3053 0.3043 0.3053  -0.0005 06:49
 GBP/USD  1.2426  1.2427 1.2440 1.2405 1.2423  0.0004 07:22
 USD/IRR  12,048.0000  12,428.0000 12,048.0000 12,048.0000 12,048.0000  0.0000 17:51
 USD/IDR  13,284.5000  13,296.5000 13,294.0000 13,253.0000 13,270.0000  14.5000 07:21
DC NY Iraq Articles:

The start of the second phase to support the water sector in Iraq

Ali Rasooly April 10, 2017
Baghdad - Journal News
UNESCO and the European Union (EU) have initiated a capacity-building project under the second phase of the main water sector interferon, the Advanced Survey of Hydrographic Resources in Iraq (ASHRI-2), a pilot initiative aimed at improving national capacities in the exploration and integrated management of groundwater resources , Enhancing the efficiency and effectiveness of overall planning, as well as the implementation of an informed policy for the management of the national water sector.
Since its launch in November 2013, the project has provided important tools in the field of data, information and knowledge on groundwater conditions in Iraq.
Based on international best practices, Ashri-2 published new methodologies and techniques in geological assessment, mapping and information-based documentation that support the groundwater resources management strategy.
The project, carried out by the UNESCO Office in Iraq in cooperation with the Ministry of Water Resources in Baghdad and the Ministry of Agriculture and Water Resources of the Kurdistan Regional Government, focuses on skills development, training of water sector personnel on standard operating procedures, collection and processing of geo-scientific data, mapping, Thus confirming the overall sustainability of technical assistance provided to enable water sector management.
Through the EU contribution of € 5 million, Ashri-2 verified and updated the basic data and information on groundwater resources in Iraq and improved the capacity of the government administration in this area.
Based on UNESCO's long experience and studies in drought management and water resources in Iraq, the "Advanced Survey of Hydrographic Resources in Iraq (ASRI-2) addresses the scarcity of water and its serious consequences for social, economic and cultural development, health, environment and ecosystems."

In the document .. disbursement of 690 million dinars to wash the statues of Basra

Ali Rasooly April 10, 2017
Basra - Journal News
The Journal News received a document showing the allocation of about 690 million dinars, just to clean statues and signs in the province of Basra.
"This amount is very large and we are surprised to allocate such an amount to wash idle traffic signals, mostly in the province of Basra, as well as monuments and statues and this makes us very surprised," said a source in the Basra Provincial Council.
The source, who declined to reveal his name, that "the members of the Council to investigate this matter that the book in 2017 Is it reasonable to spend this amount on monuments and statues in the province of Basra," calling the executive government, "to reconsider this matter."

New procedures on the advance of 10 salaries

Ali Rasooly April 10, 2017
Baghdad - Journal News
The Rafidain Bank, Monday, that the grant of the ten salaries salaries of ministries and state institutions are through the calculation of the fixed allocations (marriage and certificate) of the employee not to exceed the amount of 10 million dinars.
The bank said in a statement, read by the "Journal News", that "the bank set the legal conditions to grant the advance to employees with a payment period of 5 years and in equal installments per month."
The statement added that "the ten salaries will be calculated by calculating the nominal salary of the employee with the provisions of marriage and the certificate." He stressed that "the interest rate 9% per annum is calculated in a reduced installment method and paid in fixed installments with installment installments a month after the grant date."
The bank, has called on Sunday, ministries and state institutions covered by the ten salaries to the distribution of forms prepared by the bank to their employees who wish to give the advance for the purpose of filling.



Water Resources Reveal "Agreement" with Turkey on Aliso Dam


The Ministry of Water Resources revealed on Monday an "agreement" with the Turkish side on the controversial Alessoa Dam, while the construction of 22 dams in the western and southern regions of the country.
"The ministry is seeking to reduce the financial risks in addition to storing the water and the dimensions of the flood danger at the same time, by building dams in various areas," said Mahdi Rashid, director general of the General Authority for Dams of the ministry, in a statement. Iraq".
"The Authority has built over the past few years 22 dams in the western and southern regions," Rashid said. "This helps in many things that concern the storage of water in different areas of the country and the areas where these dams were built."
"Turkey has reduced the risk of Aliso dam, where a team of experts from the Commission visited Turkey recently and agreed on matters that keep this danger away and ensure the smooth flow of water," Rashid said. Ending / 2

Postponement of the appeal against the budget law

Ali Rasooly April 11, 2017
Baghdad Journal News

The Federal Supreme Court announced on Tuesday that the appeal for some of the provisions of the Budget Law for 2017 will be postponed to 8 May.
An official statement of the court, "seen by the Journal News," that "the Federal Supreme Court postponed the consideration of the grounds for submission to challenge some paragraphs of the budget law for 2017."
The Court's statement added that "it was decided to postpone its consideration until the eighth of next month for a variety of reasons, including giving the opportunity to the defendant, the Speaker of the House of Representatives in addition to his job, in response to the list of the Prosecutor, the Prime Minister."
He added that "the court commissioned the plaintiff to prepare a table showing the contested articles of unconstitutionality and extent to be submitted before the date of the pleading and communicated to the rest of the partie
Kauaihn Iraq Articles:

After a day that lasted in Egypt .. Christians of Iraq seek security for their churches

Ali Rasooly April 10, 2017
Baghdad Journal News
The survey component in Iraq, on Monday, the security leaders to tighten protections on the churches against the backdrop of targeting the Church of St. George in Tanta, Egypt.
"Terrorism targets all components and is present everywhere and does not differentiate a sect from another sect and can not be ignored," said Mart Marty Chamouni al-Bartali, a reporter for the Journal News.
Shamouni revealed "joint coordination with security leaders to take caution and increase the number of protections on churches to avoid the impact of an explosion in Iraq similar to the explosion of Egypt."
The explosion hit a church in the Egyptian cities of Tanta and Alexandria yesterday behind at least 43 people, while injured about 120 others.


Recovered $ 2.3 billion stolen .. The International Anti-Corruption Team receives the files of 77 ministers and deputy accused of corruption

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The International Anti-Corruption Task Force has handed over the files of 77 ministers and vice-presidents, as well as a director-general accused of corruption for the purpose of auditing, a source in the prime minister's office said Sunday.


The source said that the International Anti-Corruption Team of the United Nations received the files of 13 ministers and 64 deputies and the director general accused of corruption, for the purpose of audit.

The source added that "the team contributes to help the Integrity Commission to disclose files and recover more money smuggled or stolen," explaining that "the settlement process with a number of defendants to return the money in their possession, which they seized to establish projects not completed or stalled for several years."

"The team is currently working on files related to leaked or stolen money, which can be recovered, and managed, in cooperation with the Authority, to recover 2.3 billion dollars."

The Iraqi Nasserite Party condemns the terrorist bombings in Egypt

The Nasserist Socialist Party in Iraq condemned the brutal terrorist attacks on two churches in Egypt and affirmed that these desperate acts of terrorism are proof of the defeat of the terrorist mercenaries against the will of the great Egyptian Arab people, their brave army and Arab revolutionary leadership, and their glorious popular revolution on 30 June.

The party, in a statement received by Sputnik, said that the party condemns the brutal terrorist attacks that targeted the churches of Mar Gerges and Mar Marc in Arab Egypt by terrorist mercenaries and their supporters of apostasy, populism, evil and aggression who were targeted and inspired by these atrocities. An impossible rift in the solid wall of Egyptian and Arab national unity.
"The hope of spreading the rift between the two extremes of the Egyptian nation is more impossible between the two wings of the Arab nation: Muslims and Christians, who have faced and confronted the forces of colonialism, occupation and aggression since the beginning of the external invasion phase in the past centuries and until now, and these invasions fall, On the borders of Egypt Arabism and the wall and fabric of unity and the Arab people of the steadfast father.
"These desperate criminal acts are proof of the reality of the defeat of these savage terrorist mercenaries, who were evicted from all the land, but the will of the steadfast Arab Arab people, their brave Arab army and their Arab revolutionary leadership represented by the Arab commander Abdul Fattah al-Sisi, Apostasy, tyranny, aggression, occupation, division and fragmentation of the glorious Arab popular revolution on 30 June. This aggressive forum has become mad, desperate and frustrated, so it tries to spread its terror, terror and savagery in all areas of the Arab world. "
But it is not easy to get from Egypt and its people: Egypt, Arabism, role, status, leadership, history and geography, and all the Arab nation and its liberties behind Egypt, Arabism, people, leadership and army.

The arrival of more than 222 billion dinars from the Iraqi government to the banks of the Kurdistan Region

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The federal government in Baghdad on Sunday sent 222 billion dinars to the banks of the Kurdistan Region, which is 38% of the financial dues of the farmers of the region on the wheat crop for 2016.
The government in Baghdad has sent 38 percent of the financial dues on the wheat crop to the farmers of the region," said Nozad Adham, director of the Ministry of Industry and Trade in the region, at a press conference held today. He said that the amount is 222 billion and 956 million dinars for the dues of farmers in the provinces of Erbil, Dahuk and Sulaymaniyah. Grand total of 2016 entitlements.
Hadi called the peasant in the province to go on April 12, 2017 to the Siloat and each according to his province to receive their financial dues.

British minister arrives in Baghdad

Baghdad Journal News

The arrival of British Secretary of State for Middle East and Africa Affairs Tobias Alwood arrived in Baghdad on Tuesday, a Foreign Office source said.
The source told the "Journal News" that "Alloud will meet with Foreign Minister Ibrahim al-Jaafari, and a number of Iraqi officials, to discuss relations between the two countries and international issues of common concern."
He added that "the British Secretary of State for the Middle East and Africa will go to Erbil, after completing his visit to Baghdad."

 

Governor of Kirkuk issued an order to raise the flag of the Kurdistan region above the police stations of the province

11-04-2017 01:09 PM
The deputy governor of Kirkuk, Hassan Tauran, on Tuesday, the issuance of Governor Najmuddin Karim ordered the lifting of the flag of the Kurdistan region above the centers of Sharata province, denying the landing of the flag of the province of the departments of the province.

Turan said that "the governor of Kirkuk issued today, an order to raise the flag of the Kurdistan region above the conservative police stations after the lifting of the departments and institutions."

"There is no truth to what has been circulated by some media about the removal of the Kurdish flag from the circles," Turan said.
 
Kauaihn Economic Times:
ECONOMIC TIMES / CHATTER


GLOBAL/NEWS/INFO

There's ore than 60% chance of a global recession within the next 18 months, economist says
Global growth is expected to slow down significantly in the coming months as borrowing levels dominate in both China and Europe and “Trump-mania” is set to fade, a chief economist at Danish investment firm Saxo Bank told CNBC on Monday.

Free trade must be defended, IMF, WTO and World Bank warn
the guardian
Fears about Donald Trump’s protectionist rhetoric prompts joint defence of open markets with admission that more help for those ‘left behind’ is needed Read the full story


Do digital currencies spell the end of capitalism?
the guardian
Cryptocurrencies like Bitcoin pose a fundamental challenge to the notion of money itself Read the full story


Not Every Financial Advisor Gives Impartial Advice
Investopedia
Some financial advisors provide advice that benefits them rather than you. Read the full story


OIL / COMMODITIES / ENERGY

Gold steadies off five-month high as dollar picks up
Gold steadied on Monday, with a firmer dollar counterbalancing concerns over geopolitical tensions in North Korea and the Middle East.

Oil rises, adding to last week’s sizable gain
MarketWatch
Crude-oil futures start the week higher, building on their recent gains sparked in part by the U.S. airstrike on Syria. Read the full story



BANKS/BANKING
Wells Fargo to claw back tens of millions more in executive compensation
USA TODAY
An investigation exposed further details about alleged "improper and unethical behavior." Read the full story



UK central bank drawn into market manipulation scandal
USA TODAY
The BBC says it has a recording from 2008 between officials at Barclays bank that indicates the Bank of England was trying to influence the interest rate. Read the full story


Barclays CEO Staley under investigation by regulators; bank to dock bonus
MarketWatch
Barclays PLC has reprimanded its chief executive, Jes Staley, and will dock his bonus after he broke rules by attempting to identify a whistleblower, the bank said Monday. U.K. regulators the Financial Conduct Authority and the Prudential Regulation Authority are investigating Barclays and Staley over their responsibilities in the incident, the bank said in a statement. In June 2016, Staley asked the Barclays's information security team to try to identify the anonymous sender of a letter that Read the full story


Bank of England pushed banks to rig Libor, secret BBC tape suggests
MarketWatch
The Bank of England repeatedly urged commercial banks to lower their Libor settings during the financial crisis, according to a secret tape obtained by the BBC. Read the full story


RBI may go for 25 bps rate cut in August: BofAML report
Livemint
New Delhi: The monetary policy committee of the Reserve Bank of India (RBI) is expected to cut policy rates by 25 basis points (bps) in August on weak growth and benign inflation, says a Bank of America Merrill Lynch (BofAML) report. Read the full story


Dollar firm amid geopolitical tensions
Forex Apr 10, 2017 07:26 GMT Investing.com - The dollar was near three-week highs Monday as U.S. tightening remains on the cards. Investors noted heightened geopolitical tensions after U.S. air strikes against Syria. The U.S. also ordered deployment of warships close to Korean peninsula amid North Korea missile tests. The dollar index was up 0.05% at 03:00 ET at 101.13. It rose 0.21% to 111.31 yen. Bets on further U.S. rate hikes this year remain intact despite weak job creation in March. Read the full story

Forex - Dollar gains in Asia with geoplolitical tensions highInvesting.com
Forex Apr 10, 2017 00:37 GMT Investing.com - The dollar gained in Asia on Monday with geopolitical tensions in focus as the U.S. moved an aircraft carrier group closer to the Korean peninsula and as concerns linger over a missile strike on a Syrian airbase last week remain. In Japan, the February unadjusted current account balance surplus jumped to the largest since March 2016 at ¥2.814 trillion, compared to ¥2.616 trillion seen. USD/JPY rose 111.31, up 0.19%, while AUD/USD changed hands at Read the full story

EURO  overs above 1-month low as French election nerves grow
The euro edged lower against the dollar, pressured by nervousness over the upcoming French election as investors took stock of polls showing a tightening race.


GBP v EUR: Pound UP against the euro after highest Eurozone confidence since 2007
Express
WHILE the pound rallied against the euro this morning, its gains were limited following the release of an upbeat Eurozone Investor Sentiment survey. The GBP/EUR exchange rate climbed from €1.168 to around €1.172, up nearly 0.3 per cent on the day’s opening levels, before stabilising at €1.171. The pound’s march higher was slowed by rising market sentiment in the Eurozone as Sentix’s latest Investor Confidence survey reported that the current economic situation continued improving in April, with Read the full story



NZ dollar little changed near 4-week low
Scoop
April 10 (BusinessDesk) - The New Zealand dollar was little changed near a four-week low following New York Fed President William Dudley's comment that the US central bank wouldn't need to delay rate hikes much in order to shrink its balance sheet. Read the full story


Rupee weakens slightly against US dollar on Asian cues
Livemint
Mumbai: The Indian rupee on Monday weakened marginally against the US dollar, tracking losses in its Asian peers. Read the full story


The Korean won is tumbling amid 'geopolitical anxiety'
Business Insider
The Korean won tumbled on Monday. The won closed down by 0.5% at 1,143.64 per dollar. It has fallen for five consecutive session, and for nine out of the past 10. "Geopolitical anxiety is still running high, and the South Korean won and the Kospi bore the brunt," Marc Chandler, global head of currency strategy at Brown Brothers Harriman, said. Earlier on Monday, China and South Korea agreed to impose tougher sanctions on North Korea if it carries out nuclear and long-range missile tests, Read the full story

USA 
Coming up this week in business: Retail stores reeling, Yellen speaking, and banks are raking it in
CNBC
Welcome back to the week ahead on Wall Street and a look at what investors need to know for the next five days. Read the full story

2 of America's biggest truckers are merging to form a $5 billion industry giant
Business Insider
Knight Transportation and Swift Transportation have agreed to merge to create a North American trucking giant. The merged firm, to be called Knight-Swift, will have a holding company structure while maintaining the distinct brands, according to a statement Monday. In an all-stock transaction, each Swift share will convert into 0.72 shares of the merged company. Each Knight share will be swapped for one Knight-Swift share. The deal would help Knight and Swift take on their competitors amid Read the full story







MIDDLE EAST




Oil rises further above $55 on Libyan field shutdown, Syria
Oil rose further above $55 a barrel on Monday, supported by another shutdown at Libya's largest oilfield and heightened tension over Syria.




Blessed and Highly Favored:

CBI Update:
The CBI for Tuesday, April 11, 2017 did update on the indicative rates
The currency auction is 160,323,302
There are one news and announcements for Tuesday, April 11, 2017 as follows:
To / All Authorized Banks (Compliance Standard)
2017/4/11
This is the article that goes with the CBI announcement above. I fount it on Euphrates News.

The Central Bank sets the standards of compliance for banks wishing to enter the currency auction

Release date: 2017/4/11 11:22 • 75 times read
{Baghdad: Al-Furat News} The Central Bank of Iraq, the steps of the standards of compliance for banks wishing to enter the window of the sale auction of foreign currency.
"The Central Bank of Iraq conducted a first review of the classification of banks participating in the window of sale and purchase of foreign currency and the importance of the degree obtained by the bank in the compliance standard , Anti-money laundering, risk) ".
"The subject of compliance is the cornerstone of entry into the foreign currency buying and selling window. Accordingly, the bank must obtain a satisfactory and convincing degree of success for the CBI regardless of the other grades of the other criteria. If the required degree of compliance with the compliance standard is not met, The introduction of the bank to the window and accordingly the issue of compliance should be given high importance. "
"Banks that have not yet achieved the degree of success in the compliance standard are required to take the necessary measures to reach the level of success (more than 50% of the benchmark) within one month of the date of these uncles, and if they fail to obtain that degree, From entering the window until it is corrected. "
"Banks should continue to support and adjust the procedures, policies and human resources of the Compliance Standard, reaching a level above 65% of the Standard to ensure that the Bank's rating is accepted and that its participation in the window remains in the next review {August 2017}".

ISX Update:


Value Traded
10,348,341,446
Shares Traded
10,524,358,783
ISX ended in Green
Kauaihn Chatter:
4-10-2017   Intel Guru RayRen98     In addition, there are price drops going on in Iraq.  Usually when a company drops the prices, there is a motivation – they are doing a blue light special or going out of business.  That is not happening in Iraq;  they would only to drop prices if the currency has a stronger value.   These are big drops, like from ten thousand down to one thousand dinar.  In the US, rate situations in some banks;  some are telling customers this morning that rates are not available because the currencies are changing values.  That’s what it says on the screens!  Is that going to be for the next two weeks or two months?  If it’s on hold today due to changing values, I don’t think it will take that long.  What do you think? The writing is clearly on the wall.  We are just waiting.  [post 2 of 2]

4-10-2017   Intel Guru RayRen98   There is the Finance Conference today and tomorrow, removing the restrictions.  Iraqi television is making citizens aware that new notes are being printed – up to 11 billion dinars, and the majority in lower denominations.  What would they need those lower denoms for if the currency has not changed, or intends to change.  All those reporting on Qi card activity say it’s in the $6 range or so.  Everyone will agree that Chapter VII has been lifted, and that will be public if it hasn’t been already.   [post 1 of 2....stay tuned]

4-10-2017   Newshound Guru Kaperoni   Article:  "Head of the IMF mission's (term) interest peg to the dollar rather than a large reduction of the Iraqi economy"  So the IMF is telling this guy it is not time to float the dinar.  They need to continue to develop the business climate to create a market economy.  

4-10-2017   Intel Guru Backdoc  RECENTLY SOMEONE ASKED A QUESTION ABOUT THE RATE CONVERSIONS AND THAT THEY DIDNT UNDERSTAND IT...   THE ANSWER WAS SIMPLE, IT IS SIMPLY A VALUE CHANGE THAT WILL OCCUR ON THE DIGITAL CARDS. REMEMBER THERE ARE NO MORE SALARIES OR PAYMENTS MADE IN PAPER. THE DIGITAL DINAR HAS PLAYED A MAJOR ROLE IN REDUCING THE NOTE COUNT IN THESE LAST FEW DAYS. THIS SHOULD GIVE US GREAT CONFIDENCE OF WHAT [GURU] FRANK AND [GURU] DELTA ARE NOW SHARING AS THE VALUE BEGINS TO ADJUST!  WITHIN 90 DAYS WE SHOULD SEE VALUE REACH MATURITY.   [post 2 of 2]

4-10-2017   Intel Guru Backdoc  THE CASH FOOTPRINT IS EVAPORATING BEFORE YOUR EYES! THE IRAQI GOVERNMENT ALREADY TOLD YOU THAT ALL PAYMENTS FROM THE GOVERNMENT WOULD NOW BE IN DIGITAL FORMAT NOT CASH. THE BANKS ARE DOING THE SAME.  I ASSURE YOU ALL LARGER BUSINESSES WILL BE INSTRUCTED TO DO THE SAME. THEREFORE THE FACE PAPER IS BEING SUCKED UP BEFORE THEIR EYES.  [post 1 of 2....stay tuned
]
4-10-2017   Newshound/Intel Guru Mnt Goat   Article:  "Director of the Issuance Department of the Central Bank: Printed currency volume exceeds 11 billion and 600 million dinars"    This is the news my contact in the CBI told me I would have to wait for when I asked many of these very same questions. So I sort of knew this article was coming out shortly and thus here it is...here it is in black and white from the CBI.  What does the CBI say that is so important? 
They are telling us the CBI has to conduct their educational campaign for the citizens in how to recognized the old notes from the newer notes that will be launched. It can’t be any clearer folks...

4-10-2017   Intel Guru RayRen98 
  Iraq’s Finance Conference will be today and tomorrow, one of the main discussions will be the removal of restrictions.  Iraqi TV reports the printing of new notes, mostly lower denoms, in the amount of 11 billion.  (Hmmmm, that’s a whole lot of lower denoms in that batch...I wonder why?)  Are you ready?

4-10-2017   Intel Guru Frank26   IMO, they are preparing to show you the true rate of the currency because the program rate is not the true rate.  The IMF has told you the CBI is obligated to do their physical and financial reforms and they were told to lift the restrictions of their currency and to give their currency it's true value.  I do not believe they are disobeying in the month of April. Consider the financial conference in Lebenon...on the agenda of the CB/IMF meetings is to eliminate their exchange rate restrictions.  They just printed 11 billion 600 million dinars.  Why such a small amount and why tell us now?  IMO, it's not the paper note count that is important, it is the value of the lower denoms and they are part of the sequence that's coming up next. All of this hinting is because they are going to release a new rate for their currency.  Based on just this, 
imagine what the rate will be when it's international outside of Iraq.  1-1? No.  Higher?  Yes, IMO.

4-10-2017   Newshound Guru Aggiedad77 
 Articles:  "Jumaili Kubis discuss national reconciliation and plans for the reconstruction of the affected areas"  "Experts live the Iraqi economy 14 years after the fall of Saddam"   "Vice calls for the adoption of the standards of the World Bank to support the economy"    ...how many different ways can they tell the world what they are about to do... Notice any pattern changes...so little about Mosul...so little about terrorism...
but big time articles on reconstruction, reconciliation...the subtle hints of changes...the not-so subtle hints of their intentions...

4-10-2017   Newshound/Intel Guru BGG 
 ...they have no intent on bringing out any bigger note classes - THEY DON'T NEED IT... value is going the other way...nowhere in there does it mention Article 140 - HCL - or anything else... nor does it bother to mention any laws needing passed... just a few changes. (aka - AMENDMENTS)  [Also key phrase is "where it should be FOLLOWED by" Meaning the laws should be changed AFTER.]  BINGO!  money first - laws AFTER!  why?  They need to get this done now! This is about as much heads up as they are willing to give anyone...if they change the laws ahead of time - EVERYONE WILL KNOW.    BIGGEST PIECE YET...here it comes...  "On the other hand, the technical preparations are underway by us."  Meaning - on the other side of everything he's said so far... they are and have been already making technical preparations (by the CBI).  Pretty plain - if you ask me...pretty huge news...   [post 2 of 2]
Elmer:
Not in today
Artmeister:
Not in today
Catnip:

ARTICLE 1 (from PM Abadi's website; posted only on Arabic side, not posted on English side)

Prime Minister Dr. Haider Abadi receives a delegation from the US Congress

Prime Minister Dr. Haider al-Abadi received in his office Monday a delegation from the US Congress headed by Deputy Rodney Frilinghassen, chairman of the Congressional Appropriations Committee.
During the meeting, they discussed the latest developments in the battle of Mosul, the victories achieved, the return of displaced people and the stability of liberated areas, as well as cooperation between the two countries in the fields of economy, trade, agriculture, investment and water.
The delegation stressed the continued support of the United States of America for Iraq and the territorial integrity of Iraq and that Iraq is on the verge of great prosperity despite the challenges it faces.

Prime Minister's Media Office
April 10, 2017

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ARTICLE 2

Jubouri: Iraq's efforts to expand its relations with the Arab and regional environment will contribute to the maintenance of regional security [expanded]

2017/4/10 14:59 • 78 times read
[Ayna-Baghdad]
The Speaker of the House of Representatives Salim al-Jubouri that Iraq's efforts to open new horizons of relations with its Arab and regional environment will contribute to the activation of the economic aspect and the maintenance of regional security.
A statement issued by his office received a copy of the office of the Iraqi parliament today that the Speaker of the House of Representatives Salim al-Jubouri received on Monday the delegation of the US Congress headed by MP Rodney Frilinkhuisen and the presence of Ambassador Douglas Silliman. 
"During the meeting, they discussed the situation on the security and political levels, the war being waged by Iraq against terrorism and the importance of continuing international support, both at the military, humanitarian and humanitarian levels," he added. 
"Supporting the displaced people, returning them to their areas and rebuilding these areas and providing them with a stable environment are the most important steps that will pave the way for post-conflict stability and contribute to the realization of the community reconciliation project in a manner that achieves social peace and strengthens national cohesion," he said. 
He added that "Iraq's efforts to open new horizons of relations with its Arab and regional environment are important and necessary and will contribute to the activation of the economic aspect and the preservation of regional security of Iraq's pivotal role that can play an important role in combating terrorist organizations." 
The Speaker of the Parliament that "the next phase requires the provision of all the requirements of international support and created a climate of political stability and community, which reflects positively on the lives of citizens in the country." 
For his part, the US delegation reiterated his country's continued support to the Iraqi people and in all files, especially in the post-urging period. 

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ARTICLE 3

The destruction of Da'ash 's sites and weapons and ammunition stores in Tal Afar


Salah al-Din - Iraq Press - April 11: The Air Force Command announced that its fighter jets made impressive strikes on sites belonging to an organization calling for targeted wheels and weapons stores in Tal Afar. 
"The army's air force destroyed the sites belonging to the Dahesh organization, which consists of two houses containing various weapons and weapons, as well as the wounding of a shafl, a bulldozer and three wheels of a four-wheel pickup loaded with weapons," he said, adding that "the operation resulted in the death of a number of elements Urging and injuring others. " AH

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ARTICLE 4

Air Force Commander: Intelligent Weapons of Intensive Bombing in Mosul Ayman

2017/4/10 19:25 • 20 times read
[Ayna - Baghdad] 
The commander of the Iraqi air force, pilot Anwar Hama, said on Monday that "his forces are using smart weapons to avoid civilian casualties, in the bombing of strongholds on the right side of Mosul."
He added Hama in a statement by the agency all of Iraq [where] that "Iraqi aviation chooses goals to advocate with great precision using weapons that proved to be highly efficient," pointing out that "this accuracy comes with the increasing role of aviation in the battles that entered the densely populated areas on the side West of the city ".
Iraqi forces have launched a military operation since 19 February to restore the right-hand coast of Mosul, the last bastion of the most prominent stronghold in Iraq.
Terrorist gangs have suffered significant human and material losses during the military operations to liberate the city, where large numbers of its commanders have been killed in the bombing of rallies and additions.

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ARTICLE 5

URGENT Anti-terrorism frees railway and Yarmouk first in Ayman Mosul

2017/4/10 17:13 • 75 times scheduled
[Ayna-Baghdad]
The anti-terror forces today liberated the first railway and Yarmouk neighborhoods on the right side of the city of Mosul.
"The anti-terrorist forces liberated the first railway and Yarmouk neighborhoods in the right-hand side of the city of Mosul and raised the Iraqi flag over the buildings," the statement said. Enemy loss of life and equipment. "

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ARTICLE 6


The organization of the Islamic state now controls only 6.8 percent of Iraq's territory

Apr 11, 2017
BAGHDAD (AFP) - Iraq's Islamic state controls only 6.8 percent of Iraq after it seized 40 percent of the country in 2014, a senior Iraqi military official said on Tuesday.
Brigadier Yahia Rasool, spokesman for the Joint Operations Command, told a press conference in Baghdad that "the area controlled by the state as of 31 March 2017 is 6.8 per tenth of Iraq's area" after it was "108,405 thousand square kilometers, Percent of Iraq's territory after being extended on June 10, 2014. "
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ARTICLE 7
URGENT Parliament postpones vote on amnesty amendment
2017/4/11 13:33
[Ayna-Baghdad] 
The House of Representatives postponed the vote on amending the amnesty law ... followed 

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ARTICLE 8

Baghdad Flower Festival begins on April 27

2017/4/11 12:27
[Ayna-Baghdad] 
On Thursday, April 27, the Municipality of Baghdad set the date for the opening of the 9th Baghdad International Flower Festival on the gardens of Zora Park.
"The Department of Parks and Landscaping allocated a large area of ​​Al-Zawra Park to hold the Ninth International Festival of Flowers in order to give more space to the participating parties in the festival," said a statement by the secretariat. 
He added that "the departments of the Municipality of Baghdad are working on extraordinary efforts to complete all preparations and requirements for the festival with the participation of the number of secretaries of capitals from foreign and Arab countries and companies and specialized agricultural offices and municipalities of Iraqi provinces and secretariats of the holy sites and also wings of the four municipal departments." 
"The Supreme Organizing Committee of the festival has allocated valuable prizes to the top three winners in the festival in order to create a state of competition among the participants," the statement said. 
The Municipality of Baghdad expects that the festival will witness a great success and a request from the Baghdadi families and expatriates from the Iraqi provinces to enjoy watching the agricultural pavilions, roses and paintings of flowers and wings with designs that will reflect the folklore and heritage that Iraq boasts. The logo of UNESCO will be placed with the logo of the sponsoring company, And the phylacteries that will be put on the streets and venues of the festival. "


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