Despite reports of the economy in Iraq rebounded after years of conflict the Iraqi dinar contractors brought back with them brought back with them during LOGCAP III & IV is pretty much worthless. According to some sources the Dinar has no chance of significant appreciation. The main reason is because of the political uncertainty — who would invest in the currency of a government that is still fighting a significant insurgency and might not be around the next year, any year? Second, and much more importantly, there are so many Dinars floating around that even if Iraq discovered the world’s largest gold mine tomorrow, the value of the Dinar would not significantly appreciate.
OVERSEAS INTEL

The Russian cabinet has rejected a bill regulating the work of private military companies because of legal weaknesses and security fears, Izvestia reports, citing the author of the document.
The main sponsor of the bill, MP Gennady Nosovko of the center-left party Fair Russia was disappointed at its rejection. However, he has promised to rework the draft and submit it again in November. He added that he did not agree with many of the government’s conclusions regarding their review of his bill, but refused to go into detail.

The Overseas Contingency Operations (OCO) fund - sometimes referred to as war funds - is a separate pot of funding operated by the Department of Defense and the State Department, in addition to their "base" budgets (i.e., their regular peacetime budgets). Originally used to finance the Iraq and Afghanistan wars, the OCO continues to be a source of funding for the Pentagon, with a fraction of the funds going to the State Department.
In FY2015, the U.S. will spent $64 billion through the OCO, in addition to its $496 billion Department of Defense base budget.


