Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Tuesday Late PM Chat 11-22-16 Part 2 of 3
kalis says():well Jan 2017 is almost here and with all news these last few months i really do not see any reason why this should not change in value ,but of coarse we have said every Dec and Jan hope this time is correct time .
clay says():we sure have
kalis says():well maybe this time it will be right and happen .. I would be surprise if it does not happen .. I really feel Jan 2017 we be our month
clay says():same here
DIGIman1 says():i was told long ago, by someone pretty high up that 'iraq would have a translatable currency by Jan 1'....they however, never told me what year....
DIGIman1 says():'by jan 1' tho.....
kalis says():well clay i hope we are all happy ,but if does not happen in Jan 2017 then some day .:P
clay says to DIGIman1():lol
clay says to kalis():yep me too
kalis says():i think all us are thinking Jan 2017 correct
wickedwitch1 says to kalis():Some of us are hoping before then. LOL
clay says to kalis():we are at least hoping
clay says to wickedwitch1():I sure am :)
wickedwitch1 says():Just seems like things are pointing that direction. Maybe I'm just naieve and hopeful.
kalis says():well i just want it to be done and over cause i getting tired of my budies and famliy laugh at me ....8-):D this thanksgiving the wife and I are not going to family due i just do not want to hear it
DIGIman1 says():had to reboot......grrrr....
wickedwitch1 says():Maybe it will happen soon. I'm sure they won't be laughing at that point.
kalis says():jan 2017
rcookie says():What Will India Do With 23 Billion Worthless Banknotes?
Anirban Nag November 22, 2016 — 4:00 PM EST
Central bank to destroy more than 23 billion currency notes
Some bills are popping up for sale on websites like Ebay
A pile of 1000 rupee notes in a bank vault in Ahmedabad on Nov. 11. Photographer: Sam Panthaky/AFP via Getty Images
When the rest of the world rings in the New Year, India’s central bank will be grappling with a unique situation: how to deal with more than 23 billion worthless bank notes.
Stacked one on top of the other, the pile would be 300 times the height of Mount Everest.
Laid down to form a pathway, it’d be long enough to reach the moon and back five times.
Prime Minister Narendra Modi invalidated the bills in a single move announced Nov. 8, sucking out 86 percent of the nation’s currency in circulation and giving citizens until Dec. 30 to exchange them for fresh notes.
Described as the world’s most sweeping currency policy change in decades, the step has earned the government both admiration for its boldness and criticism for its execution. The Reserve Bank of India spends more than $400 million on currency production each year, about 1.5 percent of the global bank note industry.
Most of the junked notes will be destroyed and dumped in landfills following the usual process used with soiled notes, said a senior central bank official, asking not to be identified as the collection is ongoing.
Many will also be turned into briquettes for industrial use, while some could be converted into paperweights and other such knickknacks.
About 98 percent of all consumer payments in India use cash, and the high frequency of handling forces the monetary authority to withdraw about 75 percent of its notes in circulation in a typical year -- more than the number of bank notes collectively produced by all countries taken together with the exception of China.
Some sneaky bills may survive the cull this year. Modi’s landmark decision to ban the notes has heightened their perceived value for some people, especially those notes that carry the signature of India’s rock star former central bank Governor Raghuram Rajan. The bills are popping up for sale at twice their face value on websites such as those run by EBay Inc.
With the government’s step targeted at black money -- the local term for cash stashed away to avoid tax -- there are also media reports of folks tearing and burning their bills to avoid prosecution. The government estimates that as much as a third of the 15 trillion rupees withdrawn won’t be deposited in banks.
The cost to replace the old notes could be as high as 200 billion rupees, former Finance Minister Palaniappan Chidambaram wrote in a newspaper column, attacking the government’s decision. His successor Arun Jaitley, in charge of overseeing the move, said such estimates are "highly exaggerated."
Dinar Dave says():People will buy anything.... Look at the Zim...lol
clay says to Dinar Dave():lol I bought Zim (lol)
Dinar Dave says to clay():Lucky You
clay says to Dinar Dave():lol
Doug_W says():Zimetydo da ZimpeterA
rcookie says():THIS WILL BE EBAY HIT...WITH RAJAN SIGNATURE.,..
Dinar Dave says to clay():Hope you didn't spend to much
Doug_W says():my oh my what a woinderful day
Dinar Dave says to rcookie():Ebay won't get stuck with anything
rcookie says():CANT FIX STUPID...
Doug_W says():I was TOO fixed!
rcookie says(): $ 38 billion of damage to Iraq during the past two years
Posted: 22.11.2016 | 22:25 GMT | Arab World News $ 38 billion of damage to Iraq during the past two years
AFP $ 38 billion Of damage to Iraq during the past two years
The Iraqi Ministry of Planning on Tuesday November 22, that the size of Iraq's losses during the past two years amounted to about $ 38 billion.
A spokesman for the ministry, Abdul Zahra al-Hindawi, said Iraq suffered losses and the destruction of infrastructure in areas dominated by the organization "Daesh", pointing out that he has been conducting field surveys on all areas which have long been the harm of electricity, health, schools and oil sectors and other sectors.
And the speaker that Iraq has lost the past two years, about 41 trillion Iraqi dinars, or the equivalent of $ 38 billion.
He said Abdul-Zahra, the meeting of donor countries last July, which was held in Washington, contributed to the allocation of more than two billion dollars, noting that Baghdad had received part of the money to be allocated for the implementation of projects and the reconstruction of areas damaged by "Daesh" .
He stated that the Ministry of Planning does not have the information base and surveys for Nineveh damage, stressing that they are working on knowledge of the financial damage and the need for the reconstruction of areas affected. Source: "Alsumaria News"
rcookie says():National settlement .. visitation Iraqi or rotate to our problems?
Sadiq al-Taie Nov 23, 2016 Newspaper «long» Baghdadi published a leak unofficially what was known text «historic compromise» in number 3771 dated October 31, 2016, an initiative launched by the Iraqi National Alliance, Representative of the coalition of Shiite forces in the political process, and read the draft «historic compromise» clear they Initiative to draw the Iraqi situation after the completion of the liberation of the Iraqi cities from the control of the so-called organized a «state». Are we about (Iraqi Taif)? Or is it just a recycling of our problems?
With the launch of liberalization city of Mosul operations from the control of the terrorist organization launched many questions about Iraq's future political process, but it must be pointed out that the crisis situation imposed by the regulation was his other hand a positive face represented by jumping on the internal disagreements and political conflicts among the opponents of the political game in Iraq , or at least the threat of regulation to unify the ranks to confront it.
Now, as we approach the eradication of terrorism from their last strongholds in Mosul, it became imperative for the political class to look at how the situation is, and to discuss proposed by the Shiite bloc in the political process paper, we have to ask some questions and shed light on what I tried paper to circumvent it Besiagatha construction is clear to provide a better understanding of what is happening.
The first question is, what are the parties that will meet the historical settlement table? First, the National Alliance, the owner of the initiative, and everyone has become known as the depth of the differences between the coalition reached an end the fragmentation of components of the coalition,
however, there are three axes in this block, which is led government Abadi, a representative of the Islamic Dawa Party or part of the axis. The Islamic Supreme Council led by Mr. Hakim.
The Reform Movement, led by al-Jaafari. There is a second axis, which block the rule of law and subsumed underneath the parties and Tiaret, led by al-Maliki, and the pivotal What made the mourning of the differences reached a fist fight between MPs of the two blocs in the parliament hall, a few months ago.
The third axis is the Liberal bloc represented by the Sadrist movement led by Mr. Sadr, which is trying to play a role conferred recipe balance conflicts within the Shiite bloc, and forgotten the role of factions and movements of armed popular crowd that relates to these mass or those, the military and weigh on the ground and what might separate him from the results will be reflected on data next scene.
rcookie says():The other bloc is the Kurdish bloc, which tries to present itself as a single block coherent defends the rights of the Kurds, trying to move away from the crisis Iraq Baltqouka behind the borders of the region which is about the state did not declare independence yet,
but those who follow what is going on behind the borders of the region will know that this is a purely Marketing a false situation of the Kurdish, and the conflicts between the National Union bloc and the MDC on the one hand and the democratic bloc Kurdistan almost break-even territory and Tcherkhh into two halves, the government became one of two governments in Erbil and another in Sulaimaniya.
The parliament is paralyzed, and the region's president ruled out the constitutional frameworks for nearly six months to the end of his term, despite a rumor recently stepped down.
The Peshmerga of the Patriotic Union controls the Sulaymaniyah and Kirkuk, with the exception of the Arab part of them, representatives spend Hawija and villages surrounding it, which is what «Daesh» gangs still control it, while controlled Democratic Peshmerga Kurdistan on the Dohuk, Erbil and Nineveh Plain, which was taken away from the control of the organization «State»,
has announced that the Kurdish leaders repeatedly said it will not withdraw from territories that paid for blood Kurds to liberate it, in reference to the resolution of the dilemma about the (disputed territories) between the central government and the provincial government after it replaced a reality if the result of the occupation of Daesh and then edited by Peshmerga forces.
The third bloc concerned reconciliation of historic understanding of the year. After that dominated organization on all areas of central and northern Iraq, fragmented existence of the Sunni political bloc, was now at its weakest now,
and having liberated areas of the efforts of the Iraqi army and the forces of the crowd popular with majority Shi'ites and limited participation of fighters Sunni tribes from the liberated areas, has become a year now before the problem is the nature of political power that will appear in the Sunni arena after the disintegration of the old coalitions,
as a result of the support of some powers to regulate the «state» in contrast, the birth of a new coalition of the forces of Sunni fought regulation and received the blessing of the government in Baghdad, and clear language initiative before it is directed specifically for this party, will succeed in that?