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Sunday, January 3, 2016

Dinar Updates Chat Highlights Sunday 1-3-16   Part 1 of 3

Post From Dinar Updates
Highlights From  DU Chat SUNDAY 1-3-16   Part 1 of 3
 
rcookie says(11:03 AM):  IM A LITTLE CONFUSED....THERE IS A QUESTION AS TO IRAQ DOING WHAT THEY SAID THEY WERE GOING TO DO RELATIVE TO IMF MANDATES....HMMM..BUDGET DEFICIT ADJUSTED AND IN COMPLIANCE...
 
AML LAWS PASSED AND BEING IMPLEMENTED AS PER CBI OVERSIGHT (CURRENCY AUCTION BANKS...ARRESTS...FINES...CLOSINGS)...INVESTMENT LAWS IMPLEMENTED....
 
(RESULTS IN TODAYS NEWS)...SALARY LADDER IMPLEMENTED...3 YEAR HIRING FREEZE APPLIED...
 
ELECTRIC & FUEL SUBSIDIES REMOVED...BUDGET PASSED...NON OIL REVENUE STREAMS TO DIVERSIFY GDP (TARIFFS...AGRICULTURE...NG...INDUSTRY)......
 
NEWS OF RAMPANT RECORD BREAKING ACTIVITY AT THE PORTS (425 IN LAST 2 MONTHS)...NEWS OF DYNAMIC COMMERCIAL TRUCKING ACTIVITY OF GOODS DELIVERY TO PRIVATE & PUBLIC SECTORS...
 ~~~

AND NEWS OF THE LAUNCH OF LARGEST RETAIL INVESTMENT PROJECT IN BASRA...
 
ESTABLISHMENT OF MASSIVE NEW PORT BORDER CHECKPOINTS ESPECIALLY WITH IRAN WHICH WILL MORE THAN DOUBLE TRADE WITH IRAN AND ACCOMODATE 3 MILLION VISITORS PER YEAR...ALONG WITH BORDDR ROADS READY FOR TRAFFIC AND
 
rcookie says(11:06 AM):  MOUS WITH ALL BORDER NEIGHBORS FOR COOPERATION AND COORDINATION OF IMPORT TRAFFIC AND TARIFF IMPLEMENTATION...
 
AND NEWS OF BORDEDR ROADS READY FOR TRAFFIC AND TARIFF COLLECTION...QUALITY STANDARD INSPECTION...WOW....
 
SURE HOPE IRAQ SHOWS THEY ARE GOING TO FOLLOW THROUGH WITH WHAT THEY SAID THEY WERE GOING TO DO.....LOL...SERIOUSLY....

wmawhite says to luvmydream(11:03 AM):  Yes,.....the GOI sells the oil.....not the CBI.................they take the petro dollars from the seale of the OIL and sell the dollars to the CBI for what the CBI owns.....the IQD.
 
wmawhite says to luvmydream(11:04 AM):  sale
wmawhite says to luvmydream(11:04 AM):  sells
 
CanTWaitwoRV says to wmawhite(11:05 AM):  yep...got nuthin to do with an exhange rate
 
wmawhite says to CanTWaitwoRV(11:06 AM):  Exactly..........two separate subjects............all of this talk is internal to the goi and what is happening on the street.
 
Baxter1243 says(11:06 AM):  I saw they had another auction today.... about 155 million...
 
luvmydream says to wmawhite(11:06 AM):  this is why the change in the "sell" rate ( it will benefit GOI to pay their bills) and has absolutely nothing to do with the "exchange" rate which is what concerns us.
 
 
CanTWaitwoRV says to wmawhite(11:07 AM):  yep has zero to do with dinarland
CanTWaitwoRV says to wmawhite(11:07 AM):  what we're looking for
 
wmawhite says to luvmydream(11:07 AM):  Exactly.....to a point.......the exchange rate has not been announced, YET, to the world by the CBI.
luvmydream says(11:08 AM):  ty all for everything you do here
 
ljenterprises says(11:09 AM):  rcookie: Thanks as always for your patience and concise explainations
 
wmawhite says to luvmydream(11:09 AM):  It is difficult to keep things separated and concentrate on what we know from those entities that matter........not gurus.
LLN65 says(11:10 AM):  lj yes it is!!

ljenterprises says(11:10 AM):  wmawhite: Yes, and many thanks to you as well!

Where'sthebeef says to rcookie(11:12 AM):  the question is whether they started tariffs or not. that's it. It's great they are doing everything else, NO DOUBT. The question I personally was and have been asking is whether or not tariffs starrted 2 days ago. If you are steering that towards me. I am not debating the progress that Iraq has made. "tariffs or not". Tis the question
 
CanTWaitwoRV says to Holly1(11:14 AM):  by default tho I think it helps de-dollarize which is obviously a big positive

wmawhite says to Where'sthebeef(11:14 AM):  Question.......why would they announce they are in effect? wouldn't they announce if they were delayed. They don't announce when they go to lunch.....or to prayer.
 
Dr Dave says(11:14 AM):  ..alot lot of window shopping for the people of Basra
 
CanTWaitwoRV says to Holly1(11:14 AM):  especially if iraqi's coming into banks to get their cards loading money on them to utilize AsiaCell platform
 
wvchsr says(11:16 AM):  Any news on the LDs?
 
Craveman says to wmawhite(11:16 AM):  (y) all the time
 
CanTWaitwoRV says to Holly1(11:16 AM):  they tried 50k notes, opening bank accounts, welfare handouts or whatever that program was seeral months ago to get them into banks...even gold exchanges
 
Where'sthebeef says to rcookie(11:16 AM):  What? They have announced them everytime they have gone into effet, and then announced when the certain provinces refused to enforce them.
 
Tariffs, are a huge deal, and they have been stating they were going ot start them for years on end. I would absolutely think they would anounce that they finally started. Why would they not announce that. Are you equating Tariffs with them going to lunch?? lol
 
CanTWaitwoRV says to Holly1(11:17 AM):  this Asiacell deal tho...hmm...everyone loves a new gadget 8-|
 
Where'sthebeef says to wmawhite(11:17 AM):  sorry that was for white
 
pinklady says(11:17 AM):  BGG MR. WHITE RCOOKIE Thank you for getting people on the right track again this morning...   pinklady says(11:17 AM):  Everything is so crazy good!!!!
 
mimi3 says to pinklady(11:18 AM):  I want the exchange Track!:D
 
Where'sthebeef says to wmawhite(11:18 AM):  sorry for that cookie...hereWhat? They have announced them everytime they have gone into effet, and then announced when the certain provinces refused to enforce them.
 
Tariffs, are a huge deal, and they have been stating they were going ot start them for years on end. I would absolutely think they would anounce that they finally started. Why would they not announce that. Are you equating Tariffs with them going to lunch?? lol
 
pinklady says to mimi3(11:19 AM):  (lol) Me too! But we cant ask for better information... its a comin!
mimi3 says to pinklady(11:19 AM):  I must have missed it!
pinklady says to mimi3(11:20 AM):  You have been busy with that new bundle of joy!!!
mimi3 says(11:20 AM):  I do think this week will tell us alot! Yes I have! He is a week old today!
 
rcookie says to Where'sthebeef(11:20 AM):  WE HAVE THE ANNOUNCEMENTS THAT TARIFFS STARTING ON 1ST...AND FROM FINANCE COMMITTEE TAX CODES IMPLEMENTED AS OF 1ST....
 
AND IN INK KNOWLEDGE OF TARIFFS BEING IMF MANDATED AND MORE INRGRAL THAN EVER BECAUSE OF OIL PRICING...WHAT EXACTLY ARE YOU LOOKING FOR....SOME GRAND SCROLLING BANNER.....
 
SHOW ME RIGHT NOW TARIFFS BEING COLLECTED IN SWEDEN... AUSTRALIA... WHATEVER...YOU THINK THEY COMPLIED WITH ALL THE OTHER MANDATES BUT ARE GOING TO SHOOT THE BIRD TO IMF OVER THE TARIFFS....
 
pinklady says to mimi3(11:21 AM):  What a blessing to have a new little one this time of year... brings such hope & promise to life...
mimi3 says(11:21 AM):  yes it does and I needed that!

wmawhite says to Where'sthebeef(11:21 AM):   IMO.........those tafiffs are only one item of a thousand items they have in the works that must get done and everytime they finally get something implemented they move to the next item. We are they only people on the planet worried about every meeting, articles, etc. that comes out of Iraq.
 
pinklady says to mimi3(11:22 AM):  I would just love one of those... daughter trying but so far no luck...
mimi3 says(11:22 AM):  She will!
pinklady says to mimi3(11:22 AM):  amen
 
rcookie says to Where'sthebeef(11:25 AM):   EQUATING TARIFFS WITH GOING TO LUNCH....CANT HAVE BATTLE OF WITS WITH UNARMED PERSON...AND BY THE WAY THERE BEEF...
 
WE KNOW EXACTLY WHY IN INK THE PREVIOUS ATTEMPTS TO IMPLEMENT CUSTOM TARIFFS DID NOT EXECUYTE IN PAST....THOSE ISSUES DO NOT EXIST RIGHT NOW...
 
BUT CONTINUE TO LIVE IN DENIAL OF WHAT IS ACTUALLY GOING ON BECAUSE SOMEONE CANT GIVE YOU A DATE OR RATE...OR WHATEVER PROOF YOU ARE EXPECTING OF NEWLY IMPLEMENTED TARIFFS 2 DAYS REMOVED FROM THE IN INK ROLL OUT DATE OVER HOLIDAY WEEKEND....WHATEVER....ROCK ON....
 
Where'sthebeef says to rcookie(11:27 AM):  LOL, again, you dance around it well cookie. They have announced every singel time in the past when they have started tariffs, and then announced when they delayed them. YOu are comparing apples to oranges when bringing up other countries.
 
IRAQ HAS HAD NO TARIFFS, so when they actually FINALLY implement them, then it will be huge news in Iraq. It's something that the country has been waiting for and being told would happen time and time again, for YEARS.
 
This just isn't something small or some other meeting or some other article that white just alluded to. The Tariffs are not just some small line item for Iraq. It's something they have tried to start many many many times over the years.
 
LOL, again, I'm not debating the fact of all the wonderful progress Iraq has made, as it's awesome. LOL, cookie you can't see your nose to spite you face while trying to belittle me. LOL seriously. The only thing I am questioing is whether or not Tariffs have started yet. "living in denial?
 
Horsegal says(11:27 AM):  LOL good point on tariffs! They have ALWAYS announced it in the past when the tariffs were delayed. Not a single article saying that.
  
Where'sthebeef says to rcookie(11:30 AM):  lol, I really hope you are right on this. I am just wanting to see proof they started. LOL, that's all I'm looking for. I am not debating how great things are. Not for a minute. Just asking about tariffs that's it. Nothing more nothing less. "living in denial of what's actually going on"??? LOL really. just the tariffs cookie, just asking about the tariffs
 
wmawhite says to Where'sthebeef(11:30 AM):  Dance around.........ha, ha, ha..............O.K. folks,...........I am now making an official announcement that the tariffs have been officially implemented....UNTIL....they are officially cancelled.
 
Where'sthebeef says to rcookie(11:31 AM):  now see, that's all I wanted...
wmawhite says to Where'sthebeef(11:31 AM):  Now are we happy.....they have been announced by me.............officially unofficially
pinklady says to wmawhite(11:31 AM):  (y) (L)
 
Where'sthebeef says to wmawhite(11:31 AM):  now see, that's all I wanted...
jtank says(11:31 AM):  WOW
CanTWaitwoRV says(11:31 AM):  now that's funny
 
rcookie says to Where'sthebeef(11:31 AM):  WHEN THEY ANNOUNCED TARIFFS IN PAST...WERE THE MECHANISMS AND LANDSCAPE WE KNOW ABOUT AND EXIST TODAY IN PLACE THEN....ITS A YES OR NO ANSWER....
 
wmawhite says to Where'sthebeef(11:32 AM):  Thank you...we all need to relax some...including me........lol

Texas Cowboy says(11:32 AM):  and I officially unofficially announce an RV (lol)
wmawhite says to Texas Cowboy(11:32 AM):  ty....i will take it.
 
jtank says(11:32 AM):  WMA HOW ABOUT A RATE--
mimi3 says to Texas Cowboy(11:33 AM):  how much? and when?
Texas Cowboy says(11:33 AM):  3.68
 
pinklady says to Texas Cowboy(11:33 AM):  You're the best.... I'll take 3+
mimi3 says to Texas Cowboy(11:33 AM):  when?
 
Where'sthebeef says to rcookie(11:33 AM):  Again, please listen. I AM NOT HERE DEBATING HOW GREAT THINGS ARE. -------NO------ THEY HAVE NEVER LOOKED THIS GOOD, AND THE PROGRESS IS AMAZING. again cookie, the tariffs, just asking for proof they stared. that's it. that's all.
 
Where'sthebeef says to Horsegal(11:34 AM):  that is a very good point. Haven't seen any articles stating a delay. To me that is great news.
 
CanTWaitwoRV says to Where'sthebeef(11:35 AM):  unless your at the borders your probably gonna kick tires til we hear about it
 
Horsegal says(11:36 AM):  Yup, they always announced the delay in the past and I believe it would have been announced by now if they were delayed again
 
CanTWaitwoRV says to Horsegal(11:36 AM):  yep and if they choose not to say anything until they feel like it I'd imagine they have that right too
 
BGG says to Where'sthebeef(11:37 AM):  This may not be a very popular point of view...
BGG says to Where'sthebeef(11:37 AM):  but...
Horsegal says(11:37 AM):  Can'tWait exactly
 
BGG says to Where'sthebeef(11:37 AM):  How in the world can they implement a tariff structure (with a straight face) when they don't control nearly half of their sovereign borders?? Seriously...
 
msdiva says to BGG(11:38 AM):  ({) i have this blank look on my face
 
BGG says to Where'sthebeef(11:38 AM):  now... having said that - I have heard (from several directions) they intend to retake said "control" - which would explain some of this recent push. 
mrsgib says(11:39 AM):  What we do know is that when something is published in the gazette it becomes law in Iraq....the budget is voted on and has been published so now it is law...in the budget it says starting jan 1st...today is only the 3rd and so far everything has been closed because of holidays....we can only wait and see....things need to be allowed to have movement

jtank says(11:39 AM):  couple of more months
 
BGG says to Where'sthebeef(11:39 AM):  they are taking territory - to regain control of their borders and set the stage for moving forward with running their country like a country...
Texas Cowboy says(11:40 AM):  (y)
 
BGG says to jtank(11:40 AM):  I don't know that it has to take that long - nor am I convinced this is an accurate analogy... I'm just passing on some thoughts.
 
BGG says to jtank(11:41 AM):  this is Iraq... they could start collecting tariffs TOMORROW (or yesterday)... up is down... down is up... they do as they please (or have - could be the IMF is talking sense to them).
 
larrykn says(11:41 AM):  BGG does anyone really know the size of isis now, I mean they been bombed overtaken in some areas, how big are they
 
Where'sthebeef says to BGG(11:41 AM):  I agree, and that's part of the reason I am questioning whether or not tariffs started.
Dr Dave says(11:41 AM):  just still no HCL 140 Federal court laws amnesty militia law
msdiva says(11:41 AM):  too much flip flopping with Iraq
 
rcookie says(11:41 AM):  THEY ARE AND HAVE BEEN COLLECTING TARIFFS...JUST NOT THE NEW PROPOSED LEVELS...BUT RATHER THE PREVIOUS LEVELE THEY REVERTED BACK TO....
BGG says to rcookie(11:42 AM):  I buy that...
 
rcookie says(11:42 AM):  Border revenues reached 213 billion dinars last year
January 2, 2016  Economy/Baghdad
 
Border Department announced financial revenue in 2015 stood at 213 billion dinars.
 
He said the Director General of the Sudanese border General Sami in a statement economy newsletter copy, that "fiscal revenue to the ports of 2015 reached 177 billion dinars".
"Either by us $ 30 million, equivalent to USD 36 billion dinars, for a total of 213 billion dinars are total revenue entered State coffers across the border."
 
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