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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 6-13-2026 Thom Community comment: "Rumor has it they [Vietnam's VND] are tired of waiting for Iraq..." I don’t think they are as connected as people say they are. It looks to me like [the VND] is going to float. So a gradual rise like bitcoin would do. Not an over-nighter like we are expecting the dinar to do. Have a good night all - not much happening today.

From WRAL-TV; Winning Powerball Numbers Saturday, June 13, 2026 03 13 44 50 53 PB 02 Power Player 4X Sorry; We had no winning matches.

Added at 5:50 PM PDT: 6-13-2026 Guy You do not want to end up like the typical lottery winner. They're broke within less than a year. You want to build. You want to take each step with a conscious effort. If the first thing you do is book a flight to Las Vegas, you've already lost the game. You have your 'left brain' list, which is your rational mind, a to-do list. And then have your 'right brain list', which is fall to your knees and give thanks. Think about the churches and charities you're going to donate to.

yep when they went to the gold standard and us had collapsed. now they are planning for move back to asset backed.

Trump: US-Iran deal to be signed Sunday, Tehran disputes timeline InternationalbreakingiranUSAUS-Iran Deal 2026-06-13 / 10:54 Shafaq News- Washington US President Donald Trump announced Saturday that a nuclear and peace agreement with Iran will be signed Sunday, pledging that the Strait of Hormuz will reopen immediately upon signing, a timeline Iran's foreign ministry disputed hours earlier. In a post on Truth Social, Trump declared the agreement his administration's deal to be "the exact opposite" of the 2015 Joint Comprehensive Plan of Action (JCPOA), the nuclear accord negotiated under former President Barack Obama, which Trump described as "an easy, beautiful, smooth road to a Nuclear Weapon." He asserted the new agreement constitutes "A WALL TO NO NUCLEAR WEAPON," adding that Iran "no longer want a Nuclear Weapon, nor will they have one, either through purchase, development, or any other form of procurement." Trump stated that no financial transfers would accompany the deal, contrasting it with the Obama-era payments to Tehran, which he put at "hundreds of billions of dollars, including 1.7 billion dollars in green, cold cash." He added that "immediately after it is signed, the Hormuz Strait is open to all." The US president also addressed the disposition of Iran's remaining nuclear material, stating that Washington will "go in and get the nuclear dust, buried deep under the powerful sunken granite mountains" —a reference to underground facilities struck by US B-2 bombers— and "downblend and destroy it, whether in Iran, or the United States," at an unspecified future point when "all is calm." Donald J. Trump TRUTH @realDonaldTrump Barack Hussein Obama’s Deal with Iran, the JCPOA, was an easy, beautiful, smooth road to a Nuclear Weapon, which Iran would have had six years ago, and would have used long before now. My Agreement with Iran is the exact opposite, A WALL TO NO NUCLEAR WEAPON! In fact, they no longer want a Nuclear Weapon, nor will they have one, either through purchase, development, or any other form of procurement. The Deal is scheduled to get signed tomorrow, and immediately after it is signed, the Hormuz Strait is OPEN TO ALL. Our relationship with Iran is a much different and better one than previous Administrations have had. Unlike Obama’s Hundreds of Billions of Dollars in payments to them, including 1.7 Billion Dollars in green, cold cash, no money will exchange hands. At the appropriate time, when all is calm, we will go in and get the Nuclear Dust, buried deep under the powerful sunken granite mountains, thanks to our beautiful B-2 Bombers and their brilliant pilots, and downblend and destroy it, whether in Iran, or the United States. We look forward to working with Iran, and the entire Middle East, long into the future. Hopefully, this process will all work out quickly, easily, and smoothly. If it doesn’t, we have the ultimate alternative, hopefully never to be used again! Thank you for your attention to this matter!!! President DONALD J. TRUMP Iran's Foreign Ministry spokesman Esmaeil Baqaei directly contradicted the Sunday timeline, stating Saturday that the precise date for signing the memorandum of understanding between the two sides "has not yet been determined" and that it "will not be tomorrow, Sunday." Pakistani Prime Minister Shehbaz Sharif separately said Islamabad was preparing to electronically sign the US-Iran peace agreement within 24 hours, without specifying a date. (there could be trouble in paradise because of Iran's pride) Trump also warned that the United States retains "the ultimate alternative, hopefully never to be used again," if the diplomatic process fails. https://shafaq.com/en/World/Trump-US-Iran-deal-to-be-signed-Sunday-Tehran-disputes-timeline

US President to announce Sunday as date for signing agreement with Iran: Strait of Hormuz will be open to all ships latest news Saturday, June 13, 2026 US President to announce Sunday as date for signing agreement with Iran: Strait of Hormuz will be open to all ships Washington - One News 6/13/2026 US President Donald Trump revealed that an agreement with Iran is scheduled to be signed tomorrow, Sunday. Trump said in a post on Truth Social that the agreement with Iran is scheduled to be signed tomorrow, Sunday, noting that immediately after the agreement is signed, the Strait of Hormuz will be opened to everyone. He added that at an appropriate time, after things have calmed down, Washington will enter to obtain the nuclear dust, expressing his hope that this process will go quickly, easily, and smoothly. He warned of several options if the agreement does not happen. https://1news-iq.net/الرئيس-الأميركي-يعلن-الأحد-موعدا-لتوق/

All the hype about the PM visiting the US....just the same as all the hype whenever anyone in the past has visited, or when one of our US officials went over there. The only thing 'crazy' about it is all the hype everyone listens to, or makes, regarding it.

Officials: Trump will meet with Middle Eastern leaders at the G7 summit latest news Saturday, June 13, 2026 Officials: Trump will meet with Middle Eastern leaders at the G7 summit France - One News 6/13/2026 Senior U.S. administration officials said on Saturday that President Donald Trump will meet with leaders from the Middle East and participate in a working session with Ukrainian President Volodymyr Zelensky during the G7 summit scheduled to be held in France this week. Officials explained that Trump will hold separate meetings with the leaders of Egypt, Qatar, the UAE, France, and India. They added that he has not planned a bilateral meeting with Zelensky, but the two leaders may meet on the sidelines of the summit. An official explained that Trump intends to raise issues of common interest with the leaders participating in the summit, including economic growth and development, the resilience of supply chains, illegal immigration, and artificial intelligence. He also plans to work on strengthening supply chains for critical minerals needed for advanced technologies. Officials said Trump is scheduled to attend a dinner at the Palace of Versailles on Wednesday before returning to Washington. https://1news-iq.net/مسؤولون-ترمب-سيلتقي-بقادة-من-الشرق-الأ/

oil revenues are controlled by the US.....this must change

this is what iraq is doing when they talk about establishing a soverign wealth funds...

3. A Double-Edged Sword Edged sword The phenomenon of oil abundance in a nation is often perceived as a fortuitous windfall, promising economic prosperity and development. However, this abundance can also lead to what is known as the 'rentier effect,' where the reliance on extensive oil revenues can stifle other sectors, create economic distortions, and engender a range of socio-political challenges. This paradoxical situation presents a double-edged sword for rentier states, which are countries that derive a significant portion of their national revenues from the rent of indigenous resources to external clients. From an economic perspective, the rentier effect can lead to a lack of diversification. Oil-rich nations may neglect other sectors such as agriculture and manufacturing, leading to a one-sided economy vulnerable to oil price volatility. 1. Dutch Disease: This refers to the deindustrialization and loss of competitiveness in the non-resource sectors due to an overvalued currency, which makes exports more expensive and imports cheaper. 2. Inflation: The influx of oil revenues can lead to increased demand for goods and services, which, without a corresponding increase in supply, can cause inflation. From a socio-political standpoint, the rentier effect can impact governance and social structures. 1. Patronage Systems: Governments may use oil revenues to fund subsidies and patronage networks to maintain political support, often at the expense of long-term economic stability. 2. Reduced Accountability: With substantial income from oil, governments may be less inclined to develop taxation systems, which can reduce government accountability to its citizens. Environmental considerations also play a crucial role. 1. Ecological Damage: The extraction and production of oil can lead to significant environmental degradation, affecting local communities and biodiversity. 2. Climate Change: Reliance on fossil fuels contributes to greenhouse gas emissions, exacerbating global warming and climate change. Examples serve to illustrate these points vividly: - Venezuela: Once a booming economy, Venezuela's over-reliance on oil exports has led to economic turmoil, hyperinflation, and social unrest. - Norway: In contrast, Norway has managed its oil wealth prudently, establishing a sovereign wealth fund and investing in various sectors, thus avoiding many of the pitfalls of the rentier effect.

CENTCOM announces diversion of 141 commercial vessels and disruption of 9 since the start of the naval blockade on Iranian ports latest news Saturday, June 13, 2026 CENTCOM announces diversion of 141 commercial vessels and disruption of 9 since the start of the naval blockade on Iranian ports Washington - One News 6/13/2026 The US Central Command (CENTCOM) announced that it had diverted more than 140 commercial vessels and disabled nine ships since the start of the blockade imposed on Iranian ports. In a statement, it confirmed the continued application of strict maritime procedures against ships that violate the restrictions. In contrast, the Iranian Fars News Agency reported that hundreds of ships are waiting for Iranian licenses to cross the Strait of Hormuz under the exceptional procedures in the shipping lane. https://1news-iq.net/سنتكوم-تعلن-تحويل-مسار-141-سفينة-تجارية-و/

Rentier State Theory Meaning → States that heavily rely on external rents for revenue, shaping unique economic and political structures. remember all the statements from back in 2012-2013 when they were talking about deleting zeros and moving away from being a renteir economy? this means no more loans!! this means a move to an exporting and manufacturing country can only do with this if the are truely international and on the world stage! The opnely discussed being a donor country!!! 2. The Historical Emergence of Rentier Economies The concept of rentier economies has been pivotal in understanding the dynamics of resource-rich countries, particularly those with abundant natural resources like oil and minerals. These economies are characterized by their reliance on substantial external rent; this means that a significant portion of their national revenue comes from the rent of indigenous resources to external clients, such as other states or multinational corporations. This reliance on external rent creates a unique set of economic and political dynamics that can have profound implications for development and governance. From an economic perspective, rentier states are often marked by a lack of diversification. The windfall from natural resources can lead to a phenomenon known as the 'resource curse' or 'Dutch disease', where other sectors of the economy, such as manufacturing and agriculture, become neglected. This can result in a paradox where countries rich in resources can end up with less economic growth and worse development outcomes than countries with fewer resources. Politically, rentierism can affect the relationship between the state and its citizens. Since the state derives a large part of its income from external rents rather than domestic taxation, it can lead to a situation where the government is less accountable to its citizens. This can undermine democratic institutions and lead to governance issues.

100% better than what I expected but just reaffirms what we have been all waiting to see is more confirmations and validations!

US Envoy to cover PMF-linked political positions PoliticsiraqerbilBaghdadvisitDisarmamentTom Barrack 2026-06-13 / 13:56 Shafaq News- Baghdad US envoy Tom Barrack is set to visit Baghdad and Erbil in the coming hours to discuss political and security issues, a government source told Shafaq News on Saturday. The visit will address government positions linked to groups that expressed willingness to dismantle their military wings and integrate into the Popular Mobilization Forces (PMF), Iraq's state-sanctioned security umbrella. According to the source, the groups insist that their parliamentary representation entitles them to cabinet posts, including the position of deputy prime minister and a sovereign ministry, demands that continue to face opposition from Washington. Read more: How the US pushed Iraq's armed factions toward disarmament, and who is still pushing back Barrack will also review unresolved issues between Baghdad and Erbil, as well as a number of security-related files. The US envoy’s visit will also help prepare for an upcoming trip by Prime Minister Al-Zaidi to the United States, “after discussions on proposals aimed at resolving complex outstanding disputes while preserving power-sharing arrangements,” the source added. On May 31, US President Donald Trump announced the appointment of Barrack, Washington's ambassador to Ankara, as special presidential envoy to Iraq and Syria. Read more: Trump's new Iraq-Syria envoy faces an Iran test Syria never posed https://shafaq.com/en/Iraq/US-Envoy-to-cover-PMF-linked-political-positions

I am already dancing for whats coming...

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 6-13-2026 Frank26 Article: "Zaidi will pay an official visit to the United States during the month of July" It's going to be a crazy July... 6-13-2026 Jeff The central bank of Iraq is never going to let the rate out. They can't. They can't even tell you the rate is going to increase ...They can tell you they have no intentions of devaluing the dinar, which they have and they could tell you if they are going to devalue the dinar. Those are the only two things they could tell you. 6-13-2026 Samson Article: "GOVERNMENT SPOKESPERSON: THE PRIME MINISTER WILL VISIT AMERICA NEXT JULY"

as long as the MOU signed by previous govenment holds then we are good to go....just final vote in National Oil Company Law

hmmmm...wonder what the solution is???

yep

not an issue if you give them purchasing power for the dinar...exchange rate is one, removing fuel subsidies, ratio cards and adjusting in country pricing for gods are the others...

yep,,,if you removing subsidies, fuel and ration cards and have to change the salary scales then rate change has to happen

what about a plan to delete the zeroes?