Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Tuesday AM Chat 8-30-16 Part 1 of 2
Baxter says():Market Price held again today at 1,282. 15 auction event days consecutively now and since August 10th.
Baxter says():THERE is a 100 point spread in the BUy/Sell Rate.. almost 10 %
Baxter says():IMF is looking for no more than 2%... so what gives?
ghost757 says():I might be misunderstanding your question -- but the buy/sell spread is NOT the delta between "official rate" and "pervailing / street rate". The latter is the IMF 2% target, I believe
ghost757 says():Buy / Sell delta is the "vig" for the trade.
Baxter says():when the rate was around 1205... to 1182... it was within the 2% range....
Baxter says():its now 1282..
Baxter says():BBL.... maybe Rcookie can explain it..
ghost757 says():Yes -- then the "official" rate of 1182 and the "pervailing" rate of 1282 (as demonstarted at the auction) is, as you pointed out, nearly 10%.
ghost757 says):That is not buy / sell -- or at least I would be suprised if it were. If I could buy at 1282 and sell at 1182, I'd happily get in line for that :)
ghost757 says():I dont think that the CBI / GOI or anyone else is managing the auction price. It simply is what it is. All the government can do to reach that 2% target is lower the "official" rate ... and hope that the "street" rate holds.
rcookie says():Ebadi: I will give candidates the reshuffle, including the defense and interior ministers after Eid
Political Since 30/08/2016 18:14 pm (Baghdad time)
kalis says to rcookie():gm .. what the about the news yesterday
rcookie says to Okie Dinar():GM OKIE!!...
rcookie says to kalis():WHAT ABOUT IT
rcookie says():Urgent: the capture of the private financial officer to "Khaled al-Obeidi" (Details)
30-08-2016 12:12 PM Hits: 3931
Orbit News -Issued judiciary on Tuesday ordered the arrest of chief financial officer of the former defense minister.
A source told the News'madar ', that the judiciary has issued this afternoon, ordered the arrest of Maj . Gen. Mohammed Shihab al - Naimi in charge of the financial affairs of former Defense Minister Khaled al - Obeidi.
sassy says():rcookie Good morning. Another one bites the dust
rcookie says to sassy():YES....HAYE ARE FALLING LIKE DOMINOES.
kalis says to rcookie():the news from monday was great .
Okie Dinar says to kalis():The news from today, is as well :)
rcookie says():335 CORRUPTION CASES RETURNING 335 MILLION IQD TO STATE TREASURY....IN JULY ALONE!!!....
sassy says():rcookie imagine if they could collect what was stolen. Geesh
rcookie says():HANDLED BY INTERIOR MINISTRY OFFICE OF INSPECTOR GENERALS OFFICE....
slh5282 says():rcookie< wonder if they will recover any that Maliki and his family took?
sassy says():rcookie someone is on the ball at least
kalis says():what day has n't the new been good ? none .. can wait until tonight !!
rcookie says):Twilight News publish the decisions of the Cabinet meeting chaired by Haidar al-Abbadi
Tuesday 30-08-2016 | 7:11:00 Twilight News / Cabinet held its regular Tuesday headed by current Prime Minister Haider al-Abadi.
According to a statement issued by the Information Office of Ebadi, "it was discussed during the meeting to provide an amendment to the Law of the general amnesty voted by the House of Representatives of the vertebrae, which has the House been added or modified to the bill sent from the government."
The statement continued, "it was show what has been accomplished from the government curriculum during the past two years and make some adjustments in the light of the achievement that has been made of it for presentation to the House of Representatives."
The statement pointed out that "he has to approve the amendment controls vehicle registration in the light of the observations that were approved during a cabinet meeting."
The statement said he "discussed the operation of aircraft Iraqi Airways informed by the Council on Bis83 protocol port of the Ministry of Transport as a first stage to avoid the negative effects of the ban on the operation of aircraft of Iraqi Airways and a record time."
The statement added that it "has been approved to withdraw the nomination appointment of advisers in the presidency and bring them back to their previous jobs that they were," adding that "he has the approval of the Ministerial Committee on Energy decision on the development of the Halfaya oil field in Maysan province."
The statement noted to "approve the launch of the allocation of a sum of money to remove and treat the Nile flower into the Tigris and Euphrates basin and its environs and the continuing effort to protect the automated Hor Abu your button."
rcookie says():Abadi: we agreed with the delegation of the region to liberate Mosul and financial situation between Baghdad and Erbil
(Independent) ... Prime Minister Haider al-Abadi announced an agreement with the Kurdistan region delegation which visited Baghdad on an objective edit Mosul and financial situation between the center and the region.
Ebadi said in a press conference held in the center of the capital, Baghdad, and I followed (Independent) said Tuesday that "the discussion with the delegation of the province, who visited Baghdad house about editing the Mosul operation and financial situation between the governments of the center and the region," noting that "There are no little differences, and laid foundations for the two subjects" .
Abadi said that "We have meetings with MPs and political views of the people of Mosul and we have understanding and dialogue with them not on the basis of quotas in the battle of Mosul, but on the basis of security plans or military principles."
He said al-Abadi said, "We have understandings with the International Alliance of Kurdistan in order to fight this battle successfully.
There are no foreign troops on the ground and what comes from the preparation in a while is to create the atmosphere and the earth by experts, technicians and trainers,"
stressing that "Qayyarah was the operations center for the organization Daesh was All the terrorists were killed there, "pointing to" the killing of large numbers of elements Daesh of foreign nationals. "
The prime minister pointed to the "commitment to the plan that we have set in the liberation of Mosul," noting that "we have the strictest confidence in the plan and what is being said in the media is part of the camouflage and maneuver the Iraqi side." (Predatory)
rcookie says():SOME MORE TAKE AWAY FROM YESTERDAYS MEETING BETWEEN ABADI..BARZANI AND JABOURI..
bibi says to rcookie():GM, Rcookie. Thank you for the news and your commentary.
rcookie says():GA BIBI!...YVW
rcookie says():Urgent: Cabinet vote on the 2017 budget
logo jumhuriya Urgent: Cabinet vote on the 2017 budget
Tue, 30 Aug 2016 15:33:51 Algmehorah_uzCabinet voted Tuesday 2017..itba the draft budget law.
rcookie says():SO......CABINET HAS VOTED ON 2017 BUDGET AFTER AMENDMENTS..
jimplants says():the kurd abadi article says AGREED ON MOSUL AND FINICIAL INTEREST!!!!!!!! the cess pool is getting clean
kalis says to rcookie():you are the best . Really God Bless you all the work you do for us ..
rcookie says():Abadi describes the amendments added by Parliament on the amnesty law as "criminal"
Aug 30, 201610 Baghdad AFP criticized Iraqi Prime Minister Haider al-Abadi Tuesday strongly amendments added by the House of Representatives on the general amnesty law passed last week, calling it "a criminal."
Ebadi said in a press conference that "the House of Representatives said the general amnesty law paragraphs criminal."
He said "we exclude all crimes of abduction from the amnesty, but the Board of episodes recorded, that does not establish him killed or permanent disability."
"The last week raided our security forces, they have found a place where the kidnapped children. Kidnappers release will be called in the light of the new law. "
"I do not know if they commit crimes earlier because they will not recognize and more speculation that they wanted to sell children as human as members."
Parliament also passed an amendment to the draft of the government with regard to crimes of terrorism that the government exempted from the amnesty, adding a paragraph "if it did not lead to the killing or disfiguring or destroy the facility."
Ebadi said in this regard that in the event saw a security man "terrorist strapped to his body, he sacrifices himself for the dismantling of the belt, and in the light of the law being released because he was not killed or blowing himself up."
The House of Representatives Thursday approved a general amnesty law is long overdue and will include thousands of convicts in a move it said lawmakers intended to restore national unity in the country, which is witnessing sectarian divide.
The law exempts 13 crime, notably terrorism, crimes and sentenced to aides of former president Saddam Hussein and the trade in arms and explosives, drug trafficking and accused the national security issues.
The law provides for the re-trial of the alleged he was tortured in order to extract confessions.