Post From Dinar Updates
Highlights / News & Excerpts From Chat 1-17-16
Dinar Updates Sunday AM Chat 1-17-16 Part 2 of 2
clay01 says(): According to Poppy3 the other day, Abadi was going to address the people because they were riototing, and give some announcement, haven't heard if he made announcement or not yet
Pablo says(): Didn't that get delayed till the 19th?
clay01 says(): not sure
Where'sthebeef says to rcookie(): I have not seen any articles about the costs of their goods, like bread etc etc, going up since January. Yes, I would be rioting as well, if my gov was treating me the way their gov is treating them. I would assume if the taxes and tariffs started January 1st, then the goods have increased since that time. That is what I have not seen yet
Dr Dave says(): didnt the IMF WB stipulate something about decentralizatin of the GOI and transfer of powers to the provinces?
Where'sthebeef says to clay01(): Was there an article out with that in it? thanks
clay01 says(): not sure, just read a comment from Poppy, haven't seen it anywhere else
joyojoy says(): +.3.3
Where'sthebeef says to clay01(): oh, ok
rcookie says to Dr Dave(): YES...AND THE UNITED NATIONS IS THERE TO MAKE SURE OF THE TRANSFER OF POWERS EXECUTES SEAMLESSLY AS THE BUDGET ALLOCATIONS ARE DISBURSED...AND APPROPRIATIONS GIVEN TO MINISTRIES AND PROJECTS THEY WERE BUDGETED AND INTENDED FOR...
jd says(): Maybe Abadi can pull a rabbit out of his hat soon or be gone.
Dr Dave says(): and Iraq has been achieving their mandates
graylnjo says(): rcookie, Mr white, loop, holly et al.........Thanks to all......I would be totally lost without your reporting. You make so even I can understand sorta what's going on!! :)(y)
Dr Dave says(): Ahead of schedule??????
LLN65 says to graylnjo(): I agree!! (F)
clay01 says(): I agree with BGG, if the T&T are allowed to stay in place, the people will turn out in the streets again, and they will have to do something to keep the peace and order, talk will not suffice
LLN65 says to clay01(): sure hope we see the rate soon, sure looks good!!
rcookie says(): OK TARIFFS NOT IMPLEMENTED...NO SIGNS...JUST SMOKE IN BUDGET AND IMF ABSOLUTE MANDATES...BUT HAVENT HAPPENED..LARGEST PORTION OF NON OIL REVENUE IN BUDGET...
REPORTS OF DOUBLING WITH ELECTRONIC COLLECTION FROM 16% TO 32%....HOPE THERE IS SOME ANNOUNCEMENT....HOPE GAZZETTE PUBLISHES....UNCLE...
clay01 says to LLN65(): I agree, timing is the thing here
rcookie says to graylnjo(): YVW.
clay01 says to rcookie(): trying to understand last comment, T&T not implemented? I thought they were
clay01 says to rcookie(): Has there been ink on implementation of T&T or not, I havn't seen any, but I miss a lot of the news, so much to keep up with these days
wmawhite says to rcookie(): I agree....everything the IMF has told us is just made up........they really do not mean any of it. I will start listening more to Frank and walk on the beach in Hawaii holding hands while he tells me the meaning of life.
sheila3 says to clay01(): i think rcookie is telling us these things are done,but some say there not
Where'sthebeef says(10:49 AM): Seriously. No need to talk down. I am not being negative about where we are on any level. Obviously we are in a great spot. I believe what the IMF is saying they will do.
I believe the tariffs are in the budget, but I also know they have NOT started yet. This isn't bad news in my eyes. I think they are being delayed for a reason. They can't implement the tariffs without a raise in their currency.
LLN65 says to sheila3(): yeah pretty much
woodguy says(): some people can't see it even when it hits them right in the face lol
clay01 says to sheila3() It is hard to read sarcasm,8-)
wmawhite says to clay01(): There are many countries around the world that have tariffs.....please go find proof of these countries collecting those tariffs today or yesterday. This information is not readily available to the public.....but, please go find it.
Where'sthebeef says(): Again, it ALLLLLL sounds and looks great. They are getting it allll lined up the roll it out. I think we are soooo close, but again, tariffs have not started. I was only asking if someone had seen a date as to when they were going to get this kicked in. lol that's all I was doing.
LLN65 says to Where'sthebeef(): I think you are being respectful no worries (y)
STARBUCK says(): GM ROOM! wmawhite, a ? please....in the light of Iraq revaluing their currency soon, why all the talk about borrowing money? Thank you
wmawhite says to STARBUCK(): 1 minute
thomas1 says(10:53 AM): look it does not matter how good the news and ink we still have no rv and irqa per the news this morning now iran is way a head of irqa and looks like irqa mis it chance that per new this mornig
clay01 says to wmawhite(): Thank you, not questioning, just asking if there was ink on it, they put out article about everything else, I would think that there would be something in ink about T&T being implemented
Where'sthebeef says to wmawhite(10:53 AM): Actually this would be in the news in Iraq, They have been trying to implement them years and years. They would reprot about it. No doubt.
rcookie says to Where'sthebeef(): AND YES IT IS IN THE 2016 BUDGET AND IMF LETTER OF INTENT.........
clay says to thomas1(): oops may be wrong
rcookie says to Where'sthebeef(): ARE YOU HONESTLY SUGGESTING THAT TARIFFS WERENT COLLECTED IN 2015...
Where'sthebeef says to rcookie(): No doubt cookie. It is in there. I am not here to debate that. Like I said it all looks great and is ready, but the tariffs have not started yet. That's all I am saying. Was just askig if anyone had seen a date.
wmawhite says to clay01(): The articles continue to state that they are in place.
thomas1 says(): what i do not understand is why irqa letting iran get ahead ,but once new person said irqa and iran are jion
clay says to wmawhite(): thanks for your interpretation
clay01 says to clay(1): understand,:)
wmawhite says to STARBUCK(): A change in the value of the IQD will affect what is spent outside of the country going forward. The loans are for what is needed from yesterday.....the past.........that need to be filled today.
rcookie says(): a) the execution of the Iraqi budget, comprising the incremental revenue from the impact of revenue (tax) measures stipulated in the 2015 Budget Law (sales taxes on mobile phone cards, internet usage, car sales, and on tobacco and alcohol, in addition to incremental receipts from the entry into force of the amended Customs Law for 2010),
CanTWaitwoRV says): Flashback from last year: Iran’s Day Bank joins SWIFT
Sat Jul 11, 2015 1:19PM HomeIranEconomy Iran’s Day Bank announced on Saturday that it has officially joined the Society for Worldwide Interbank Financial Telecommunication (SWIFT). http://184.108.40.206/Detail/2015/07...nk-Joins-SWIFT
CanTWaitwoRV says(): just sayin...both Iraq/Iran are much further along outside of the TMZ newz
rcookie says(): CANT BE CLEARER...THE TAXES & TARIFFS COLLECTED IN 2015 ON CERTAIN IDENTIFIED GOODS(CARS..MOBILE PHONES...ALCOHOL...TOBACCO...
ELCETRICITY)....IN ADDITION TO INCREMENTAL RECEIPTS FROM THE ENTRY INTO FORCE OF THE AMENDED CUSTOMS LAW FOR 201O.....
CanTWaitwoRV says(): at the same time Iran trumped Iraq hitting the global markets so it's gotten more than interesting
rcookie says(): THAT WAS FROM THE 2016 IMF LETTER OF INTENT....
rcookie says(): THIS IS DIRECTLY FROM 2016 BUDGET...
GIBB says(): US to pay Iran $1.7bn in debt, interest. http://www.presstv.ir/Detail/2016/01...US-debt-JCPOA/
rcookie says(): Article 24:A – Imposed sales tax shall continue on mobile phone cards and internet networks by 20% of the cards value, and the impositiona lump sum Airport Tax of 25,000IQ for each ticket in all Iraqi airports (External Travel) and collected taxation shall be returned to the Public Treasury to be implemented in light of the regulations in force.B – A Sales tax shall be levied on imported goods in accordancewith the following table, (and shall accordingly work until Law of Customs Tariff comes into force):
rcookie says(): THE PROVINCES EARN $5 FOR EVERY BARREL OF OIL PRODUCED...$5 FOR EVERY BARREL OF OIL REFINED..AND $5 FOR NATURAL GAS PRODUCED...ALONG WITH 50% OF PORT AND BORDER REVENUES....
mindenjen says(): is this implying the tariff of 2010 will now be activated?
clay says to rcookie(): and thats alot of $
clay says to rcookie(): they need now not later IMO
rcookie says to clay(): THAT IS A PROGRAM THAT HAS BUILT IN INCENTIVIZATION TO OVER DELIVER ON OIL & GAS..AS WELL AS TARIFFS & TAXES........
clay says to rcookie(): yep they just need to get it implimented ASAP
clay says to rcookie(): to unite the country ans stengthen it
rcookie says to mindenjen(): YES IN ...ADDITION TO ALREADY ONGOING TAXES COLLECTED THROUGHOUT 2015
clay says to rcookie(): and
msdiva says(): I didnt think Iraq would let their competition get ahead of them I thought Iraq were the Top Dogs Bigger than Life 8-)
CanuckLady says to rcookie(): Good morning what are your thoughts on Iran "geting ahead" of Iraq
rcookie says to mindenjen(): AND INCREASING WAGE TAX COLLECTION THAT BY BUDGET LAW AND LOI MANDATE MAY ONLY REPRESENT Article 35:An increase to the amount of tax payments (by the taxpayer) under subsection (1) of Article (12) of the amended Income Tax Law No. 113 of 1982 by section (a) of the ordered Coalition Provisional...collect at least ID 8.8 trillion (6.5 percent of non-oil GDP) in non-oil revenue, out of which ID 1 trillion from an increase in wage taxation; and...
CanTWaitwoRV says(): that cbi announcement today might be a whopper with cheese also
clay says to CanTWaitwoRV(): whats that
CanTWaitwoRV says to clay(): To / all licensed banks and licensed money transfer all companies and financial investment companies and broker the buying and selling of foreign currencies approved all companies (foreignexchange rate)
wmawhite says to msdiva(): the entire region already have higher valued currencies...: 1 Egyptian Pound = $0.13
1 Jordanian Dinar = $1.41
1 Qatar Riyal = $0.27
1 Bahraini Dinar $2.65
1 Israeli Shekel = $0.26
1 Saudi Riyal = $0.27
1 United Arab Emirates Dirham = $0.27
1 Omani Riyal = $2.59
1 Kuwaiti Dinar = $3.31
msdiva says(): Iraq is doing a lot of behind close doors something is keeping the citizens happy
Horsegal says(): CantWait: are we expecting a CBI announcement today?
Horsegal says(): Are we expecting a CBI announcement today?
CanTWaitwoRV says to Horsegal(): I posted the only one I've seen so far right above
msdiva says to wmawhite(): hopefully Iraq will be in the lineup soon
Horsegal says(): Hi Clay! You too! I can't get on chat with my iphone anymore :(
Horsegal says(): Can't transfer the app
msdiva says to wmawhite(): thanks for posting it
Horsegal says(): Apparently there is a way, but I don't know how
wmawhite says to msdiva(): I do not understand what Iran has to do with what the IMF is already working with Iraq about. The IMF puts out a detailed document about where Iraq is with entering the market place and guess what.........it did not said anything about Iran...........so what does the price of chickens in Iran have to do with the IQD?
CanTWaitwoRV says to msdiva(): I'm thinkin more like contained..at the same time Sistani has beeen on edge every Friday making his speeches for reform implementation
mindenjen says(): thank you rcookie!
CanTWaitwoRV says to msdiva(): he's watching Iran too and his Ayotollah buddies
Horsegal says(): Oh, got it Can'tWait thx!!
Woodywoodpecker says to Horsegal(): you cant down load puffin on your iphone?
clay says to Horsegal(): I woner y ask the mods
Horsegal says(): what's puffin?
Horsegal says BGG said there's a way, but didn't know how
clay says to Horsegal you sound like me (lol)
Woodywoodpecker says puffin is how u get it on the phone and ipad
Horsegal Cool!! Downloading now, you're awesome!!!!
rcookie says to mindenjenYVW:)
Woodywoodpecker down load it its safe and free. go to app store
Horsegal Already did :)
Woodywoodpecker):ok now i think our code number is 3371
clay says to Woodywoodpecker thanks for helping her :)
Woodywoodpecker is that our right code number
wmawhite Here is another thought...just like the list I just posted, if Iran's currency was to change in value over the next few weeks, then the diffence between the IQD and the region grows even larger. In other words, it is even more apparent as to what will happen as the IMF has told the world.
sheila3 says(): Read More :http://www.dinarupdates.com/showthread.php?28664-Sunday-January-17-2016
msdiva says to wmawhite() so in all reality you feel that we could actually see this rate change in the coming weeks days months or am i off a bit
Horsegal says(): Woodywoodpecker, it gets me to the chat page but I can't get on chat . . .
msdiva says to wmawhite(): i know you dont do dates or rates
CanuckLady says to wmawhite(): Thank you very much for your thoughts
Woodywoodpecker says(): hhmmmm using it now on my i pad
Horsegal says(): OK got it!!!!!!!!!!!!!!!!!!
Horsegal says(): THANK YOU !!!!
Woodywoodpecker says(): great
cjquade54 says to msdiva(): don't mean to butt in but IMF has said Iraq would enter world markets by mid 2016
Woodywoodpecker says(): u owe me one dinar lol
wmawhite says to msdiva(): My answer is to you......what did the IMF tell you about this subject? They have already answered your question.
cjquade54 says to msdiva(): looks like they may be ahead of the game ... and we are in that time period right now.
Horsegal says(): lol GLADLY
wmawhite says to cjquade54(): exactly wmawhite says to CanuckLady(): yw
()THE OBSERVER - http://dinarupdates.com/observer/
msdiva says to wmawhite(): yes sir you are correct this may hit us all like a ton of bricks just have to wait and watch thanks again and thanks you to you cjquade54
msdiva says(): i am a bit slow but i am learning a lot about the IMF CB
Read More :http://www.dinarupdates.com/showthread.php?28664-Sunday-January-17-2016