NEWS! A really huge… HUGE STEP in the Correct Direction in my opinion!!!

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Happy Monday Dinarians,

Personally I’m really coming unglued with excitement today – this NEWS is a really huge, HUGE STEP in the correct direction in my opinion!!!

If we see Dr. Shabibi back in control of the CBI, then the 2015 Budget is passed which means basically we got Article 140 / Erbil agreement included with the 2015 Budget, friends, we have in my opinion taken 2 very HUGE steps to finally seeing a significant increase in the value of the IQD.  

It won’t happen over night, but it certainly encourages me to believe that it will happen sometime in 2015, and for me, I can be patient, especially for that kind of return!

Just to summarize the Articles below – the first article is about the new Prime Minister Abadi saying that he wants Dr. Shabibi to take over the CBI when the corruption charges (levied by Maliki’s corrupt regime) are dropped – DONE!  

The following articles talk about those corruption charges BEING DROPPED and Dr. Shabibi being RELEASED – AND DONE!!!  

~ Mr. IQD

REAL NEWS (NOT HACK GURU BS!):

6893173_orig[1]A source in the prime minister: Shabibi will return to his central bank governor

22/12/2014

BAGHDAD / JD / .. An official in the Prime Minister’s source, the intention of the prime minister Haider al-Abadi return of former central bank governor Sinan al-Shabibi to office after the issuance of the court acquitted.

The source, who preferred not to be named, told / BD /: “The day Monday, 22.12.2014 date the trial of former Central Bank Governor Sinan al-Shabibi for the acquittal of the charges against him by the previous government under the pretext of wasting public money.”

He added: “The prime minister Haider al-Abadi waved the return of the conservative story office Kmhafeza the central bank in the event of an acquittal from the court, the fact is Shabibi figure of great economic mentality.”

She had announced the Integrity Committee in the House of Representatives of the previous session that sack Shabibi been through it, that the competent court of inquiry to consider the fairness issues negated the charges to the Governor of the Central Bank of the article Shabibi, describing him out of office, “targeted personally” for failing to grant money to Prime Minister Nuri Maliki and his son Ahmed, where the investigation has shown that he does not court entered the central bank and former boss Shabibi process waste money mentioned by the investigative committee formed by the House of Representatives, not even the BSA “Report ./ ended / 8 /

http://www.dananernews.com/News_Details.php?ID=5406

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Bayraktar: Release Shabibi and Mohammed Allawi, for lack of evidence

12/22/2014 11:23 GMT

Follow-up – and babysit – The spokesman of the Supreme Judicial Council spokesman Abdul Sattar Bayraktar, Monday, releasing Shabibi and Mohammed Allawi, for lack of evidence. 

http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Falrayy.com%2F&sandbox=1

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The release of the former central bank governor Sinan al-Shabibi and former Minister of Communications Mohammed Allawi

22/12/2014 14:17   |   Author: ka Editor: br Reporter:

Tomorrow Press / Baghdad: Iraqi judiciary decided, on Monday, the release of the former Central Bank Governor Sinan al-Shabibi and acquitted of the charges against him as well as the former Minister of Communications Mohammed Allawi.

He said the name of the judiciary spokesman Abdul Sattar Bayraktar in a statement received by “tomorrow Press”, “The Rusafa Criminal Court decided to release the former Central Bank Governor Sinan al-Shabibi and acquitted of the charges against him for lack of evidence.”

He added that “the same court decided to release the former Minister of Communications Mohammed Allawi of the charges against him for lack of evidence.”

The warrants issued earlier against former Central Bank Governor Sinan al-Shabibi and former Minister of Communications Mohammed Allawi on charges of financial corruption.

It is noteworthy that the Iraqi judiciary issued in (4 September 2014), was sentenced to seven years imprisonment against former Central Bank Governor Sinan al-Shabibi based on the charges against him during his administration of the Central Bank.

It is noteworthy that Communications Minister Mohammed Tawfiq Allawi, has submitted his resignation of former Prime Minister Nuri al-Maliki on the background and suspicion in Mali corrupted files affected his ministry and the attempts by some telecommunications companies pass shady deals in Iraq, which was denied by the Minister of Communications, asking not pushing his ministry in the political differences and intersections. 

http://alghadpress.com/ar/news/24503/%D8%A7%D9%84%D8%A5%D9%81%D8%B1%D8%A7%D8%AC-%D8%B9%D9%86-%D9%85%D8%AD%D8%A7%D9%81%D8%B8-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D8%A7%D9%84%D8%B3%D8%A7

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The trial of former Central Bank Governor in the Rusafa Criminal Court

Ali Mohsen Radi   |   December 22, 2014 1: 41 pm

Sources said the Supreme Judicial Council, Monday “The Rusafa Criminal Court began the trial of former Central Bank Governor Sinan Al-Shabibi balhiah second specialized issues of integrity in the Rusafa Criminal Court on charges of corruption.”

My source was the early detection (26/11/2014) that both the former Central Bank Governor, and former Communications Minister, appeared before the Court upon their return to Baghdad, following promises that they will receive a fair trial, noting that the judge released on bail.

The parliamentary legal Committee confirmed, on (29 November 2014), a guide for the retrial of a number of politicians and officials who had been subjected to prosecution previously, while I returned that fall within the broad process of “judicial reform”, revealed the changes included more than 90 officials in the judiciary.

It is expected that the Tribunal acquitted Shabibi because the charges against him were malicious and untrue posts his former Prime Minister, Nouri al-Maliki who wanted to simplify his hands on Central Bank and used safe from the currency and making it an easy tool for him but this was rejected by Sinan Al-Shabibi, Maliki had issued an arrest warrant for him under the pretext of the existence of financial and administrative corruption files committed by Al-Shabibi

He justified the former Central Bank Governor Sinan Al-Shabibi, at (10 November 2012), in the absence of the World Bank and the international organizations to comment on the dismissal, the lack of interest of the characters that manage central banks as far as dealing with monetary policy, and would likely be watching the Central Bank’s policy stance of monetary changes by the new management of the Bank.

The Supreme Judicial Council announced in (19 October 2012), the issuance of an arrest warrant against the Governor of the Central Bank and a number of officials in corruption cases after he was quoted in the local media (14 October 2012), regulatory sources that has issued an arrest warrant against Al-Shabibi on corruption charges, saying he fled out of the country after the issuance of the memorandum, the Bank denied those reports, saying the Governor is currently involved in an annual Conference in Tokyo and return to Baghdad.

The Iraqi Cabinet decided, in (16 October 2012), head of the Office of financial supervision Abdel Basset Turki as the Governor of the Central Bank said.

The integrity Commission described in the parliamentary (10 November 2012), the Special Committee to investigate corruption cases attributed to the Central Bank of Iraq is “illegal” and stressed that the new Committee will be formed to investigate this file, called for a freeze on the decision to arrest the right Bank Governor Sinan Al-Shabibi

http://burathanews.com/news/255362.html

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ARE YOU GETTING EXCITED YET???

Remember the most important thing is NOT to “buy into” the Hack Guru cons and bull-S that they will be throwing at you!

~ Mr IQD

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EUREKA!!! NY Times Article Confirms Kuwait’s 1991 DINAR “RV”

Happy Monday Dinarians,

I can’t tell you how AWESOME I feel this morning – just minutes ago after I logged in to LJ’s Next Step Skype News Room and I saw a REAL NEWS Article posted by “MyDigitalDr” one of the room’s active members.

This Article is from March 25, 1991 and is from The New York Times (Archive) – It is titled: “AFTER THE WAR; No Electricity but Kuwait Reopens Its Banks” and among many things it specifically talks about Kuwait’s Central Bank’s “RV” of their KWD (Kuwaiti Dinar) after Saddam had invaded Kuwait.  

Here is the article – I have highlited the exchange rate for you.

By DONATELLA LORCH, Special to The New York Times
Published: March 25, 1991

It still has no water and little electricity or food, but Kuwait revived its banking system today, introducing a new currency.

Banks reopened for the first time since Iraqi occupation forces shut them down in December. Thousands of people Continue reading

HOT!!! An “Open Letter” Posted (then Removed) on Tony TNT’s Forum!

Happy Thursday Dinarians!

Tony, You're lookin' kind of smug....

Tony, You’re lookin’ kind of smug….

Well well well….  LOOK at what I just found in my mail bag!

This is an inflammatory “open letter” to Tony TNT Renfrow which basically calls him out for all of his lies and propaganda!

Needless to say, this letter was taken down by one of Tony’s “robot” site Mods, but before that person took it down, an anonymous member who is a fan of our MrIQD.com website managed to copy and paste it, then sent it over to us.  

LETTER DIRECTLY TO TNT TONY

THIS IS A MESSAGE DIRECTED TO TNT TONY WITH ALL DUE RESPECT.

BEING AN ACTIVE, VERY EXPERIENCED CURRENCY AND S&P FUTURES TRADER UNDER THE CME GROUP AT THE CBOT, I AM ALSO A SUBSTANTIAL HOLDER OF THE CURRENCIES BEING DEBATED HERE…. HAVE BEEN IN THIS FOR YEARS NOW.
TONY, WE LISTEN TO YOUR Continue reading

Shabibi Explains the Importance of Iraq’s Foreign Currency Reserves!!!

HAT TIP:  Currency News Hound | Direct Source: Almada Newspaper


This is a MUST Read article that was written by Dr. Shabibi and we found to be originally printed by Almada Newspaper.  Thanks also to Currency News Hound’s Twitter feed for bringing this great and informative article to our attention. 

As a courtesy to you, we have bolded portions of the article and even added [comments to simplify the content] at times when we found Dr. Shabibi’s comments more interesting, it is best to spend five minutes and read the full article.

~ Mr. IQD


Foreign currency reserves .. Its importance and some of the results of the truncation of it
by D. Sinan Mohammed Rida Al-Shabibi *

CREDIT: Almada Paper | Central Bank of Iraq

There is no doubt that the government is responsible for fiscal policy in the economy. In contrast, the Central Bank is responsible for monetary policy, any actions that determine the size of the money supply and conditions in order to neutralize inflation and helping to provide a stable economic climate. There are undoubtedly problems plague the relationship between these two powers, especially if they are absent coordination between them.

Goal here is not to go into the details of these topics, but we want to focus on one subject, is of foreign currency reserves or the cover of the national currency. The root of the problem in this area focus on the belief of some, especially within government agencies [maybe he is talking about Continue reading

CBI Gov. Turki: The World Bank did not Intervene Reform Measures

HAT TIP: The Currency News Hound


Published on Thursday, 13 January 1 / December 2012 19:40
BAGHDAD / obelisk: central bank governor denied agency, Thursday, said the World Bank may intervene in the Iraqi political, financial, or the imposition of any conditions on the Bank’s measures to maintain the stability of the Iraqi currency.

Interim CBI Governor Abdul Basit Turki

Interim CBI Governor Abdul Basit Turki

Said Abdul Basit Turki for “obelisk”, on the sidelines of a regular meeting with the World Bank in the Jordanian capital Amman, said that “the World Bank said that what he is doing CBI conduct proper to maintain the stability of its currency.”

Turki added that “discussions with the World Bank addressed the issue of Continue reading

NO!!! To increase the value of IQD, CBI Governor to Decrease the Sale Price of the USD!!!

HAT TIP: LJ’s Next Step Skype Room – Posted by Marc G


NOT SO FAST TURKI !!!!!

I DON’T THINK SO —- THIS MOVE BY TURKI COULD AND PROBABLY WILL UN DO ALL OF SHABIBI’S HARD WORK!!!!

REMEMBER TURKI IS WORKING FOR MALIKI, AND MALIKI WANTS TO BE DICTATOR, NOT MAKE THE CITIZENS WEALTHY!!!

THIS MOVE IS ALSO INTERNAL WITH ONLY 2 BANKS TO START –

AND WHY ONLY HAS JUST $150,000.00 USD FOR RESERVES???…. OF COURSE THAT IS TO ENABLE THOSE DAMN STREET MONEY DEALERS THAT F—K UP THE EXCHANGE RATE!!!

~ Mr. IQD


To increase the value of IQD, CBI Governor to decrease the sale price of the USD
Arranged by S. Seal – [12/14/2012]

CREDIT: CBI.iq

The governor of the central bank of Iraq was given the power to cut the sell price of USD by the board of directors of central bank. This will increase the value of IQD in the market.

An official of the central bank said that the bank council will increase the share of the Continue reading

IMF & INTERPOL to Help Shabibi to Recover the CBI – WOW!!!

HAT TIP:  LJ’s Skype Chat Room – posted by Marc G.


Iraqi efforts to recover Shabibi the help of the International Monetary Fund and INTERPOL
Posted: December 12, 2012 in Iraqi Dinar/Politics  |  Wednesday, 12 Dec. 2012 05:49 | Baghdad / Orr News

Announced the parliamentary committee charged with investigating dealings CBI Iraq sought to recover former central bank governor Sinan al-Shabibi the help of the International Monetary Fund and the International Police (INTERPOL).

Committee member said MP Haitham Alajabua that the delegation of the International Monetary Fund is currently in Baghdad will contribute to accelerate the recovery Continue reading