Dinarland Highlights for May 13, 2017

Dinarland Highlights - 5.13.17

Phillyman

Article:

"International Development Bank (IDB) is granted a membership license to MasterCard International"

Quote:

"The International Development Bank (IDB) on Thursday held the signing ceremony for the contract for the granting of a basic membership license to MasterCard International in Baghdad."

I wish the time table wasn't as stated "the project will be completed within the next few years after the final approvals of the implementation conditions have been completed legally" but it certainly is a huge step in the direction of a nation trying to make great strides in their economy. It would also be nice when electricity is running 24/7 to keep those ATMs on.
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G-Lin [new Guru]

Article:

"ATMs for MasterCard card users"

Quote:

"the project will be completed within the next few years after the final approvals of the implementation conditions have been completed legally"

I'm not too concerned about that 3 year mention. This art. is a very encouraging one. It looks as though Iraq has already accomplished huge things in the banking industry. We are right in the middle of Iraq going digital. E money. And IMO those ATM's will not slow things down one bit. They apparently have already connected to international banks. That is huge. I think the majorities of salaries are being paid on smart cards and that will encourage the peeps to warm up to banks and bring in those 3 0's notes. Once they pull in the liquidity under the mattresses I think they will bring out the LD's. I don't know when that will be of course, but they seem to be on a fast track currently. At least in the banking industry. And that is exactly what IMF has told them repeatedly to do. Finally they are complying.
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tman23 (Dinar Updates)

Since it appears to be a matter of fact that Kurdistan will hold a referendum come late October early November... Since previous articles from past years pushed/delayed the lifting of 3 zeros from the first of the year to June... IF WE ARE CLOSE TO SEEING A CHANGE IN THE CURRENCY... AND SINCE IT WAS SAID TO HAPPEN THE BEGINNING OF 2017...IT IS LOGICAL TO LOOK FORWARD TO MAY 29TH TO JUNE 1ST...AND IT IS LOGICAL TO ASSUME THAT IF IT DOES NOT HAPPEN JUNE...IT MAY WAIT FOR THE KURD REFERENDUM AND HELLO 2018! BUT...Since Baghdad would like to keep Kurds interested in a united Iraq...I would think an added value to their currency would lean the scales in that direction...UNITED.
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Aggiedad77 (KTFA)

The news today is creating a steady "flow" today...a flow like a lava flow...once it is in motion...it is almost impossible to be stopped...a motion that could soon lead to a light speed movement... the BEST is coming.
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RayRen98 (TNT)

Updates from Iraqi TV since...Wednesday... Wednesday Night: Military leaders on TV today still saying that the goal is to have Mosul liberated by Ramadan. The formal announcement for the total liberation of Mosul should be between the 15th and 19th of May. We "should" see the RV either right before 26 May or during Ramadan which starts on the 26 May. That's what is being said in Iraq in the Mosques. Thursday: 10 percent left to liberate and all ATM's are to be activated soon. More territory was liberated today. Parliament was in meetings and passing more laws. Friday: Iraq stating deals done so that ATM's are now being placed in all post offices in Baghdad and surrounding provinces which will allow access to citizen's MasterCards. Saturday: Iraq TV announced another district liberated today with 13 districts remaining and 2 more main bridges before full liberation is achieved.

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru