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  1. Thank you Screwball! I'll watch it tonight. My Dad had a heart attack Wednesday while he and my mom were on vacation in North Georgia so we've been busy as a family up here. I'm 100% convinced it was meant to happen in N. Georgia because the hospital and staff up here at Northeast Georgia Medical Center in Gainesville GA is absolutely amazing. Not only did they save his life, he is improving daily trying to be strong enough for Surgery this Tuesday. If anyone know of someone that needs a cardiovascular miracle, Gainesville GA is the place to be. If anyone would like to say a prayer for my father Brent, please do! 🙏 .
    28 points
  2. . 😊 Do they have to RV to make the budget work? If you take what the prime minister told us about the dropping of the zeros in his news in an April 2023 article, we can see that taking the 1320 rate and dropping the 3 zeros makes it $1.32. If we take the 6.5 billions dinars allocated for the new pipeline construction it is actually about $4.9 billion dollars. If we divide 6.5 / 4.9 we get 1.32. Oh…gee whiz is this a coincidence? 😉 😊 😊 Can you see now why I am so excited. Can you see now why this is WOW! WOW1 WOW! news for today? Many believe it is not coincidental and so I agree I. Do they need the change in rate to build the pipeline? What about the other projects too like the 7 new refineries? Does this tie back to the budget as a whole also needing the change in effective exchange rate? Just saying as it is too weird and coincidental. But if it does they will have to get their act in gear real soon, as they also told us they plan to begin this new pipeline now NOT in 2025. Get it? Oh… Gee Whiz!! Also how do they plan to pay for the 7 new refineries? Do these also need a rate change. They did not tell us how much these will cost but you can guess it is in the billions too. This is going to be an exciting summer! 😊 Better to be ready than to have to get ready. Be ready!
    20 points
  3. Kurds are happy?!?! Woooohooooooo! My dad got moved out of icu today!! Great day for everyone!!
    20 points
  4. “Member of the Board of Directors of the Central Bank of Iraq, Ahmed Barihi, confirmed today, Monday, that the issuance of new cash denominations, large or small, will not affect the dinarexchange rate” "The Central Bank of Iraq is working according to well-studied plans, and there is no intention to issue new currencies in large or small denominations." “If we assume that the central bank issues a new currency, this will not affect the exchange rate of the Iraqi dinar." It feels like a warning that something is going to happen. They’re giving us the heads up.! Go new dinar rate Go Lower Denomination notes Go purchasing power
    20 points
  5. - The increase of gold reserves - The introduction of new issuances of the high-quality currency. Gold reserve serve as a strong basis for its currency and enhance its status as a significant participant in global finance. I Wonder if they are referring to the Lower Denomination notes Go Gold reserves Go LD notes Go Stronger dinar
    19 points
  6. Once they RV I don't care who's in power over there. Just flip that switch!
    18 points
  7. Okay let me explain it once again for those who have missed it or forgotten how this works over the years!! If you don’t believe it will happen this way then you shouldn’t be invested in the Dinar and I would recommend you sell them asap..lol Mtn Goat is correct in what she is saying and Luigi posted as the CBI has stated a one for one exchange which means exactly that a 25K note for one of the new smaller denom $25 dinar notes which is correct in being a lop for the Iraqi citizen. The CBI has always stated this and Shabibbi has stated this in the past! The Iraqi citizen will ONLY GAIN PURCHASING POWER!! Just as LaidBack has posted, when you delete the zeros it is off the exchange rate. The dinars we hold will never go back to Iraq so we get the new exchange rate for a 25K note at the new rate. They will not make every Iraqi citizen instant millionaires in country period again they will get lopped by only getting a new 25 lower denom note for the 25k note which is one for one just as the CBI has always stated but again that 25 note is worth a lot more because of the greater purchasing power that Iraq will do at the same time when they delete the zeros off of the EXCHANGE RATE! it has also been explained many times as to how and why all the notes held outside of Iraq will not cost Iraq one dime. Our notes will go to our treasury dept and in turn will be destroyed and exchanged for oil or oil credits in the future this has always been the plan. Iraq also only has to account for what is circulating inside of Iraq in their calculations to come up with a figure on what they will either RV or RI at in the future!! Same thing with our American dollar how many trillions and trillion exist outside of America, if we had to account for all the dollars circulating in what our dollar value is it wouldn’t be anywhere close to what .84c to .87c it is now. Our US dollar would be lucky to be worth .05 cents to the dollar!! This did not work out for any other countries like Mexico because they did a straight Lop they did not delete any zeros from their exchange rate to increase the value like Iraq will!! Those countries did a straight Lop because of super high inflation!! Again Iraq does not have high inflation and is only completing this process because we purposely devalued their currency to get rid of the old Sadam notes and Iran holding their notes and all the terrorist that held those old notes to make them close to worthless! Now Iraq has to regain their value by deleting the zeros off the exchange rate and introducing the new lower denoms which have already been printed by the way many many years ago! This has always been the plan from day one and again no other country ever went through this scenario but it’s all in print where it is now I cannot tell you since I read it so many years ago! Believe me don’t believe me doesn’t really matter to me but this is the scenario I know and believe and it’s not from any guru! I truly believe Iraq will RV at a minimum of $1.17 per dollar however with so much time that has passed since this was supposed to happen with Shabibbi back in 2012-2013 and the reports that were published back in 2017 and what they could sustain for value even back in 2017 tells me with the oil they are producing now plus all their newer added resources that Iraq can very easily sustain a $2.65+ rate today!!
    17 points
  8. I hope folks realize that this time around in order for Iraq to make MAJOR progress & moves they will have to go ahead with adding value to the dinar. We're in that 2nd phase Alaq talked about waiting on the rate! Come sooner than later🙏
    17 points
  9. I've been around way too long, not to be just a wee bit skeptical ............ Heard it or something similar before, way too many times ................. I'll believe it when I see it published in the Gazette and when it becomes the Law of the land. Remember this is the Rumor section ................ Just sayin' .................
    16 points
  10. Lest we forget it was Hunter that took kickbacks from Russia, China & Iran. Yes, there was Russia collusion & it wasn't Trump.
    16 points
  11. I can tell you exactly where I stand. I'm DONE dealing with demonic possessed liberals. If ANYONE speaks to me from the left they're going to be told without question get away from me or suffer the consequences. I don't want to hear a word about, can't we all work together. Liberals are liars and will stop at nothing to get their way. They are worthless meatsacks and should not be tolerated in pleasant company. Personally, I won't shed any tears when those 12 jurors get doxed and suffer the consequences of their hatred. You simply can't work with anyone that operates without Morales. And YES I am now voting for PRESIDENT DONALD J TRUMP.
    16 points
  12. I know some may tend to lean to the negative side about this budget news. They actually shocked me by passing it today! It does appear They will need the new rate tobaccomplish everything they need including what's in this budget. And no I'm not saying the rate is in the budget. I'm not excited, however, I'm not frustrated at the moment. This is forward positive news! Also, I believe I saw an article on them closing the window to companies regarding the foreign currency buying/selling from the CBI. Our frustration/waiting is close to being over!
    15 points
  13. 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 Militia Man Article Quote: "If we assume the Central Bank issues a new currency this will not affect the exchange rate of the Iraqi dinar." This guy is not wrong...It won't in my view. The exchange rate will affect the new small denominations though...If they change the value of the exchange rate by dropping the three zeros, therefor the new denominations will be affected by it, which will be value. It's pretty simple. Mnt Goat ...we read three articles about the CBI official rate equaling the Parallel or Black market rate in the coming days. WOW!...Saleh, the prime minister’s financial advisor, then goes on to say this will make one dinar equal to one dollar in Iraq. WOW! ...I was told by my CBI contact months ago to watch for right before the CBI makes one more “official” rate change closer to 1000 from 1320. If you take 1000...and delete the three zeros 1000 what do you have? Of course, you have a situation of 1 dinar equals 1 dollar...But I believe that when they CBI does make this next official rate change it will move closer to 1166 and not 1000 which would make 1 dinar = 1.16 dollars just over a dollar to help the banks retrieve these dollars hoarded outside of the banks... Let’s sit tight and watch this play out. MarkZ Question: I wonder -will the iqd be stronger then the Kuwaiti dinar? Mark: Sudani and others have mentioned over the last few years the dinar will be “back to its former glory” as the most valuable currency in the world. So, if its going to be the most valuable currency in the world, It would have to be higher than the Kuwaiti dinar... WEDNESDAY MIDNIGHT Pimpy Article: "Central Bank of Iraq denies issuance of new 100,000 IQD note" Someone designed this...and posted it as if Iraq is going to release a 100,000 dinar. That's going in a total opposite direction of what we want to happen. That would mean there's hyperinflation out there so bad that they had to create a 100,000 dinar note. It got so out of control the Central Bank had to respond. Make sure you spread the word this is not a real currency...the 100,000 dinar note is fake. Samson Article: ”Expert: The Iraqi economy is witnessing remarkable growth, which was contributed to the decline in the dollar exchange rate" Militia Man 1320 that's where we're at - the official exchange rate. If they were to adjust and drop the three zeros, what's that become? 1.32 to the dollar...That transition can happen in a fast and furious manner...The least amount of shock to the markets that's when it could occur...
    15 points
  14. He will not go to prison. He will not be disqualified from running for president. This case will be thrown out. It was a complete sham and total injustice to our judicial system. There were so many things wrong on all levels with this trial. I knew this would probably be the verdict because of how this was a set up. But now that it has been read, I am mad and furious!!! It’s time to get the powder out! It is also time for people to decide which side of the line they stand on.
    15 points
  15. Make no mistake about it. Maliki is directly or indirectly pushing for this to force out Sudani who does not kiss his or Irans @$$. Maliki is in panic mode because he is becoming more irrelevant in Iraq and they now it. They know how much Sudani has done in the short time he has been there as opposed to Maliki’s two terms of stalling and letting in ISIS. Please, someone throw a noose around his neck now and include that nasty looking leprechaun dude who always wears a scarf too.
    14 points
  16. I hope they have ton of storage space at 1310 !
    14 points
  17. 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 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Parliament is saying we're going to pass the investment law. You're going to see it very soon... Mnt Goat If you step outside of Iraq, when they finally do reinstate the dinar, the exchange of the three zero notes will exchange to whatever the currency exchange (i.e. FOREX) rate is at the time. Kaperoni Monetary policy in any country is never a random act or arbitrary decision. It's the result of progress. Until Iraq passes the needed legislation to encourage investment, the dinar will continue to remain weak.
    14 points
  18. I can’t imagine going through the trouble and expense of issuing quality currency notes if they are worthless.
    14 points
  19. 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 Pimpy I challenge any content creators out that's making videos about the dinar to a debate. Bring your receipts. Bring your proof that I'm wrong and I'll bring my proof why I say I'm right. That's all you have to do. It's not that hard. Remember that I challenged people out there. I would give them $5,000 if they could have a debate with me and prove me wrong about anything that I'm saying. How many people showed up? Zero. Kaperoni Article quote: "new pipeline project at an amount estimated at approximately 6.5 billion Iraqi dinars ($4.9 billion)" Community Comment "The mathematical 'mistake' basically equals 1.32. This seems very very coincidental to the deletion of the zeros." Referencing the exchange rate in billions rather than trillions is an easy mistake to make. It happens all the time and everyone thinks there's something to it. Wrong. I hope Kap is wrong, and it wasn't just a mistake in typing. Frank26 Article: "Iraq is preparing to establish a project that will change the oil map.. Will it affect energy producers?" The way this article is written, the amount of 6.5 billion IQD equivalent to $4.9 billion... is an example of the 3 zeros being lifted. We are going from trillions to billions because they lifted the three zeros. We are now in position for the next step of the monetary reform. MarkZ It is totally coming...Just because it hasn’t happened yet, doesn’t mean it’s not happening... there is no negative news. There is nothing telling us it isn’t moving forward anymore. Walkingstick The Iraqi citizens are being given their education, not our education. They are telling the Iraqi citizens what they need to hear at this moment in the monetary reform process... Militia Man Iraq says they're opening a copper recycling plant. We talked about phosphates, sulfur, liquid natural gas, and now we're talking about they're opening a recycling plant to do what? To help their infrastructure. Infrastructure is what's driving the. Development Road Project. They're going to need thousands of tons of copper rods annually. They're going to be able to produce that. They have so many raw materials. It's nothing but bullish for this country. Frank26 Question:"How much longer are they going to hide the budget?" Good question because you see everything that's in the budget requires the new exchange rate. The HCL is coming out, which requires the new exchange rate. The ATMs have the lower notes, which require the new exchange rate. Sometimes my opinions I should keep to myself and this is one.
    13 points
  20. 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 Frank26 [Response to IBBC video this morning] The video starts out by maybe being a little negative by saying these are the problems that they have, and then at the very end, it's just amazing what it's done with its reforms and positive ending. This video is a summary of everything that the monetary reform has done thus far and what it's about to do next. IMO that's the ATM machines and then the float. Nader From The Mid East Things have been moving a little bit from here to the 8th of July. I hope we have an answer cuz that's what they shooting for. I don't know if it's going to be good or bad. It's more good than bad, but I don't want to say anything about that cuz if anything happen you're going to say, 'Hey, but you said this. You said that.' Militia Man Article: "IBBC Conference: Much to Celebrate in Iraq as Energy takes Centre Stage" This conference seems to be shedding a positive light on Iraq. There is good reason to in doing so. Iraq is about to break out in a very big way. No stopping her at this stage now. Way too many legal obligations on the table. There will be far more to come [See the IBBC Dinar debate video] Fnu Lnu [Response to Guru Kaperoni's post 6-21-2024] I have...reviewed several different sources who all report the "new pipeline project at an amount estimated at approximately 6.5 billion Iraqi dinars ($4.9 billion)" is, in fact, accurate and written the same in all the sources. Just because [Guru] Kap doesn't want it to be true doesn't mean it is a mistake or misprint.
    13 points
  21. Here's an article of Dinarian interests... We have a new deal. Re-Post: Erbil-Baghdad Oil & Gas Law (HCL) Resolved. HCL will go to Parliament then to Gazette. Will become law after publication. Treat as a rumor. Not verified. Your opine. FROM OTHER SOURCES: Kurdistan Federation: Legislating The Oil & Gas Law Will Resolve The Disputes Between Baghdad & Erbil. ARTICLE: The spokesperson for the Patriotic Union of Kurdistan parliamentary bloc, Suzanne Mansour, said on Wednesday that legislating the Oil & Gas Law (HCL) would be sufficient to resolve the disputes & outstanding issues between Baghdad & Erbil. Mansour said in an interview with the Maalouma Agency that the Oil & Gas Law issue has been stuck between Baghdad & Erbil for many years, noting that “recourse to the constitution lies in legislating the Oil & Gas Law.”
    13 points
  22. "Enjoy the show" - Q You're going to be completely blindsided. Trump was chosen because he's clean. No crimes, no alcohol, no drugs etc.. Trump and/or our military is in control setting trap after trap to expose the corruption. This "show" is playing out exactly as scripted and will continue to. Please prepare yourself mentally for an unexpected outcome as 5% of the population will not be able to handle it. Q spoke about "suicide weekend", I hope he wasn't referring to the blindsided people but to the criminals exposed.
    13 points
  23. “budget tables sent from the Council of Ministers to the House of Representatives are devoid of new appointments, noting that they contain large taxes on electricity supply as well as a “possible” rise in gasoline prices.” If this is true The GOI / CBI will have to give purchasing power to the people. If not the people will burn Babylon down. Go stronger dinar
    13 points
  24. Good news regarding the federal budget PoliticsBreakingIraqi ParliamentFederal BudgetCoordination Framework 2024-05-28 // 14:23 Shafaq News / On Tuesday, the coordination framework held a meeting in the presence of Prime Minister Muhammad Shiaa Al-Sudani. A statement following the meeting stated that the attendees discussed the financial budget tables and stressed the necessity of approving it to achieve the interests of citizens and support the economic situation. The meeting also stressed the importance of proceeding with the election of the Speaker of the House of Representatives as soon as possible. A political source revealed to Shafaq News Agency, yesterday, Monday, that the reason for the meeting was due to objections to the budget schedules sent by the Iraqi government, by the framework forces, and the refusal to pass them in their current form. The government sent the budget schedules to Parliament for a vote after a delay of more than five months as a result of technical problems centered around the size of the deficit and the government’s attempts to reduce it. There was controversy over the budget schedules after allocating an investment budget to the provinces amounting to 41 trillion Iraqi dinars, which some saw as unfair to the provinces by reducing their shares in exchange for increasing the Kurdistan Region’s share of 4 trillion, which the government denied. The 2024 budget, according to what Prime Minister Muhammad Shiaa Al-Sudani announced, amounts to 211 trillion dinars, and employee salaries for the year 2024 amount to 62 trillion dinars, while the 2023 budget was 199 trillion dinars and employee salaries were 59 trillion dinars. The revenues of the 2024 budget are estimated at 144 trillion and 336 billion dinars, while expenditures amount to 210 trillion and 936 billion dinars, while the deficit is 63 trillion and 599 billion dinars. https://shafaq.com/ar/سیاسة/خبر-سار-يخص-الموازنة-الاتحادية
    13 points
  25. Here's an article of Dinarian interests... Iraqi Dinar Expected to Undergo a Revaluation. Treat as a rumor. Not verified. Your opine. Ariel: Iraqi Dinar Expected to Undergo a Revaluation. ARTICLE: What does the parallel rate reaching parity with the official price set by the CBI mean? The reason you all have not seen a reinstatement of the IQD on the Forex Market is because the black market rate was artificially suppressing the value of the national currency due to the speculation in that area. This means in the parallel market, the exchange rate for the IQD against the USD is often higher than the official rate set by the central bank. This discrepancy is driven by supply and demand dynamics, where limited access to foreign currency through official channels forces businesses & individuals to seek Dollars in the parallel market at a premium. Now that there is basically only one set price across the board. No one is going to have enough incentive in any market to resort to using the rate in the black market due to the lack of currency in the local Iraqi markets. Now businesses can actually be more transparent. More secure. More reliable to not only the local market but the international market as well. This will give confidence in businesses across the world to do business with Iraq. Which of course by default will increase investment in their country. Thus giving the Iraqi Dinar more value as time goes on making it a premier country to do business with on every level. Traders in the parallel market were hoarding foreign currency, anticipating further depreciation of the IQD. This speculative activity was exacerbating the disparity between the parallel and official rates. But now this has come to an end. Now the citizens will have more of a reason to stop hoarding currency & bring it to the banks so the new currency can be issued. Which of course will need an exchange rate to accompany the new buying power that will come with the volume of new currency needed in order to maintain & eventually move past the current rate due to all the new business contracts. This is like a cosmic alignment that took place that was centuries in the making. You have no idea how close we are to now seeing the new exchange rate. This was the very thing that caused such a long wait. Now that it is a foregone conclusion. Many of the projects that were stalled in Iraq can move forward. Which makes the approval of the Budget more exciting than ever before since anyone has been in this investment. But another notable thing to this equation is the fact that America is now a Tier+1/Tier-0 country. Which means the international transactions speed of trade on a international & local level will be instantaneous. The timing of this couldn’t have been more perfect. “On February 15, 2023, the Securities and Exchange Commission adopted rule amendments to shorten the standard settlement cycle for most broker-dealer transactions from “T+2” to “T+1,” subject to certain exceptions. The compliance date for the rule amendments is May 28, 2024, at which point the standard settlement cycle will be T+1. The SEC’s Office of Investor Education and Advocacy (OIEA) is issuing this Investor Bulletin to explain the new “T+1” settlement cycle & how it will affect certain transactions you place with your brokerage firm.” Jansen Fancher @jansenfancher
    13 points
  26. 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 MarkZ ...one that I think is exciting Article: “First Direct Flights between Erbil and London” This is real international cooperation. Erbil is wealthy in oil.. We have been told to keep eyes on the Erbil region. Mnt Goat Article: "Kurdistan Federation: Legislating the oil and gas law will resolve the disputes between Baghdad and Erbil" ...There it is again in articles. Do we need the Oil and Gas law referendum passed prior to the Reinstatement? We were told we do. Let’s see what happens.
    12 points
  27. 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 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Measures by the CBI they say will reduce the dollar rate. They say it will help reduce the dollar rate in coming days. FRANK: The only measure the CBI is taking to reduce the amount of dollars in your country is the introduction of a new exchange rate that will add value to your currency, to your lower notes, and eradicate the need of using any foreign currency. This is the goal of the monetary reform process. I agree, in the coming days this mechanism will bring forth value to your currency and continue to remove the American dollar from your society. Clare Video "IBBC Webinar: Drivers of the Iraqi Dinar Exchange Rate" Description "On a webinar organized by the Iraq Britain Business Council (IBBC)...Professor Frank Gunter of Lehigh University and Dr Ahmed Tabaqchali of AFC Iraq Fund (and Expert Blogger on Iraq Business News) discussed the drivers of the Iraqi dinar exchange rate." [Note: In the video you'll see a debate of the pros and cons of the Iraqi dinar's potential. Many things the gurus have reported are confirmed in this video...some are challenged.]
    12 points
  28. Added @ Midnight: Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is showing a big meeting where Sudani is giving 4 million dinar grant to all displaced families that are currently in camps in Iraq... FRANK: 4 million dinar for the displaced families is an insult at 1320 but it is a blessing at 1.32.
    12 points
  29. 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 Mnt Goat Just look at all the progress made just since December 2022 when Iraq announced they were finally entirely out of Chapter VII. And now the spigot is wide open... the final issues preventing the reinstatement are being dealt with one by one...It is June already and this month is proving to be a very significant month again...my contact in the CBI told me there is a very high probability that we would see the currency swap out in this month of June and so we watch and wait.
    12 points
  30. What with money ,my life is going to get more complicated . I can deal with that ,although i may regret the simple way things were even with the worries . Invest in hard assets , don't show off with high profile , leave a positive imprint on this world when you leave .
    12 points
  31. Some will disagree; however, I believe that OIL revenue will be shared with the citizens! If so, we are on the way to the Bentley Dealership! Just sayin!
    12 points
  32. ( Interesting article from 3/10/24....worth the read ) Iraq’s ruling coalition may call for early elections A poll by the nongovernmental Iraq Statistics Organization found Prime Minister Mohammed Shia’ Al Sudani to have an approval rate of 51%, the highest of any Iraqi official. By HUDHAIFA EBRAHIM/THE MEDIA LINE MARCH 10, 2024 14:20 Iraq’s ruling coalition plans to call for early elections in an attempt to overthrow Prime Minister Mohammed Shia’ Al Sudani. Al Sudani belongs to the Coordination Framework, an alliance of Shiite parties loyal to Iran. But after assuming the premiership, Al Sudani changed his approach toward the parties and came to disagree with many of their political positions. A leader in the Islamic Dawa Party, which Al Sudani led until stepping down in 2019, told The Media Line that Coordination Framework parties have been meeting for about five months and plan to call for elections in 2024 or early 2025. “The plan is to attack the prime minister, belittle his achievements, bring him down popularly, and create more political and economic problems, after which the Iraqi street will go out in demonstrations demanding the overthrow of the government, and then call for early elections, and not nominate Al Sudani again, or grant him any position,” the source, who asked to remain anonymous, said. The source noted that two previous Iraqi prime ministers had lost their positions after the Iraqi public turned against them. Party fears creation of new political party “The party fears that Al Sudani may announce the formation of a new political party or alliance, run in the upcoming elections, and become the ruling political majority in Iraq,” the source added. The dispute between the Coordination Framework and Al Sudani relates to the prime minister’s approval of US Federal Reserve policies to prevent currency smuggling. These measures reduced the circulation of US dollars in Iraq and increased the price of the dollar. Al Sudani also implemented several policies that have boosted his popularity. He increased government salaries and wages for retirees, launched major development projects in the capital and several Iraqi governorates, and announced plans to improve infrastructure and expand the nation’s road network. According to official statistics, Al Sudani also significantly reduced unemployment. In addition, he passed a social security law for workers in the private sector and announced a plan to build 1,000 schools and more than a million residential units. Since mid-2023, at least 10 countries, including some in the Gulf Cooperation Council, have announced new investments in Iraq. The exchange rate of the dollar in the parallel market has also stabilized since November 2023. A September 2023 opinion poll by the Government Advisory Board found that Al Sudani enjoys a 78% approval rate. Another poll by the nongovernmental Iraq Statistics Organization found him to have an approval rate of 51%, the highest of any Iraqi official. Al Sudani has spurned many political allies and opponents. He did not support former Speaker of Parliament Mohamed al-Halbousi and worked for his removal. He also removed most of the leaders of the Popular Mobilization Forces—a group of Iranian-backed militias—from government positions. The Iraqi government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1,320 dinars. Implementing such a decision is likely to significantly increase Al Sudani’s popularity. Abbas al-Musawi, adviser to the former Prime Minister Nouri al-Maliki, said in statements to Iraqi media that Al Sudani’s achievements are achievements “for everyone,” while also saying that Al Sudani will not be reelected as prime minister. “We are not afraid of Al Sudani. We have our audience, and it is a stable audience,” al-Musawi said. Al Sudani has faced heavy criticism on Iraqi television Jaafar Al-Khudairi, a member of the National Wisdom Movement, one of the Shiite parties within the ruling Coordination Framework, told The Media Line, “The Dawa Party is trying to state that only its cadres are capable of running the state, but this is not true.” He said that the parliament is discussing a new law regarding elections and that new elections might be called after that law’s passage. Karar Sahib, director of the Iraqi Media Observatory, told The Media Line that Al Sudani has faced constant criticism on Iraqi television. “There are channels affiliated with the Shiite religious parties, which were the most offensive, as they only showed the negative aspects of the decisions, and tried to exaggerate them,” he said. He said that consistencies across different channels suggest that there may be a single writer behind the criticism. Sahib defended Al Sudani’s achievements. “Iraq is now making an unprecedented renaissance,” he said. “It is true that the situation is still below ambition, but it is much better than before.” Muhammad Al-Bouflah, a former professor of political science at the University of Baghdad, told The Media Line that the current political climate is a result of Al Sudani’s attempt to fracture the coalition. He also said that the Coordination Framework will succeed in holding early elections only if Shiite cleric Muqtada al-Sadr comes out in favor of the plan. “I do not think that Muqtada al-Sadr will return to trusting the Coordination Framework after they removed him from the political process, and therefore the prime minister will continue to complete his term as president,” he said. Former Member of Parliament Shaiban Al-Kilani told The Media Line that the disputes have to do with the different parties’ attempts to vie for power. “The disputes are only over shares of the cake,” he said, “and are not disputes over the popularity of the current prime minister.” Jpost.com/middle-east
    12 points
  33. You forgot about the un convicted felon who is mentally unstable. He soon will be convicted in 2025 if the POS lives that long. Possessing top secret documents, he stole from the U.S. government, and sold to foreign agents! Tax evasion, money laundering just to name a few crimes this traitor has committed! Bring President Trump to Texas to try him! He will be found innocent on all of crooked joes phony crimes! JMHO! Not Guilty! Now go back and get on your medication!
    12 points
  34. “According to the latest table issued by the Council for the month of June, viewed by Shafaq News Agency, the volume of Iraq’s gold possessions reached 145.7 tons, compared to 142.6 tons during the month of May. “ Gold has been an essential component in the financial reserves of nations for centuries, and its appeal is showing no sign of diminishing, with central banks set to be net purchasers of gold once again this year. Indeed, central banks now hold more than 35,000 metric tons of the metal, about a fifth of all the gold ever mined. But what is it about gold that has made it such a key asset for so long? One of gold’s primary roles for central banks is to diversify their reserves. The banks are responsible for their nations’ currencies, but these can be subject to swings in value depending of the perceived strength or weakness of the underlying economy. At times of need, banks may be forced to print more money, since interest rates, the traditional lever of monetary control, have been stuck near zero for over a decade. This increase in money supply may be necessary to stave off economic turmoil but at the cost of devaluing the currency. Gold, by contrast, is a finite physical commodity whose supply can’t easily be added to. As such, it is a natural hedge against inflation. As gold carries no credit or counterparty risks, it serves as a source of trust in a country, and in all economic environments, making it one of the most crucial reserve assets worldwide, alongside government bonds. Gold’s inverse relationship with the US dollar, another major reserve asset, is an added element to its appeal. When the dollar dips in value, gold typically rises, enabling central banks to protect their reserves at times of market volatility. Go Iraq 🇮🇶 Go Gold Reserves Go Stronger Dinar
    12 points
  35. 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 MarkZ Article: “After returning it for the purpose of auditing –The Iraqi Gazette addressed parliament to send budget tables” So they are expected to release it to the papers this week …There are a lot of people who believe we will see a rate when they do that. I do have a couple contacts in Iraq that believe we will see it then. They expect it to be published Saturday in the Gazette. I hope they are accurate. Samson Article: "Parliamentary Committee: The investment law will see the light soon"
    12 points
  36. I stopped thinking about all of this a long time ago. Here for the _$$$$$. That's it!!! 20+ years of their nonsense has left me with a heart of stone, extremely cynical with a total lack of sympathy for these degenerate criminal politicians. Their ruthless self indulgent behavior and total lack of compassion for the Iraqi people is unconscionable. Karma is a biatch and it will catch up to every last one of those screw heads.
    12 points
  37. Here's an article of Dinarian interests... Kurds were the main sticking point in getting the Budget passed. The issues have been resolved & the Kurds are pleased. Treat as a rumor. Not verified. Your opine. FROM OTHER SOURCES: Kurdish MP: "The Region’s Share In The Budget Is Fair & We Are Happy To See It Passed." ARTICLE: The representative of the Kurdistan Democratic Party bloc, Sharif Suleiman, described today, Thursday, the Kurdistan region’s share in the federal budget as “fair,” indicating that prior political agreements decided its passage. Suleiman said in an interview with: Alsumaria News “The political agreement that occurred between the governments of the center & the region is the basis for agreeing on the region’s share of the Budget amounting to 12.67%,” adding, “We are happy that there were no bidding or arguments regarding voting on the budget tables & the region’s share in them.” He added, “The region’s share in the budget tables is fair & not bad in light of the reality it is experiencing.”Iraq”, indicating, “We hope that the Budget will be implemented in the correct manner agreed upon & that it will not be subject to political quarrels & bidding or be used as a pressure card.” -An Economist Reveals The Positive Side Of The Budget. Economic expert Dargham Muhammad Ali revealed the positives of the current year’s budget, which was approved by the House of Representatives a few days ago. Follow the “Al-Ma’louma” channel on Telegram.. News that does not require documentation. Ali told Al-Maalouma: “The criticisms raised about the budget are normal, but most of them are based on bias towards the governorates, or perhaps for electoral goals sometimes.” He added, “The real face of the budget has many positives, including that it is different from previous budgets, as it represented the highest investment ceiling among previous budgets.” He pointed out, “Allocating financial benefits for the development road project, supporting the private industrial sector & supporting many infrastructure projects that will contribute in one way or another to activating various economic activities that will benefit in the near future.” He continued: “The government’s adoption, for the first time, of the principle of diversifying the distribution of projects between the local administrations of the governorates and between the ministries, will reflect positively on the implementation of projects by creating an atmosphere of competition between the ministries and governorates, especially since the government granted the implementation of the ministries’ projects directly.” He continued, “The Budget was based on distributing the governorates’ funds according to deprivation & not on the basis of the proportion of the population, and this will establish the basis for revitalizing the economy of the governorates that suffer from a lack of services and others.” FROM OTHER SOURCES: Plasschaert’s Replacement Raises Controversy.. .Who Is He? ARTICLE: Arab reports revealed today, Thursday, that the United Nations has nominated the permanent representative of the Sultanate of Oman, Mohammed bin Awad, to fill the position of head of the UN mission in Iraq. This comes after the UN Security Council unanimously approved ending the United Nations political mission in Iraq & ending the duties of the head of the mission in Iraq, Jeanine Plasschaert. A report by the Emirati network Eram, followed by Mawazine News, said, “There are some unnamed political parties that had reservations about the candidate, Muhammad bin Awad, & demanded that the United Nations bring in a foreign, non-Arab person for this position,” without disclosing the reasons for the rejection. The Iraqi government had asked the Council, in a letter dated May 8, to end the mission of the United Nations Mission in Iraq at the latest by the end of 2025. According to this request, the UN Security Council voted unanimously, last Friday, to end the United Nations mission in Iraq, which was established In 2003, which aimed to coordinate humanitarian efforts & post-war reconstruction efforts. According to the resolution, the United Nations extended the mandate of the United Nations Assistance Mission for Iraq (UNAMI) for 19 months until December 31, 2025 & then developed a “transition & liquidation plan” in consultation with the Iraqi government to transfer its tasks & withdraw employees & assets. FROM OTHER SOURCES: Despite Its Rise Internationally… Basra Oil Prices Fell. ARTICLE: The prices of Basra Heavy and Medium Crude oil fell on Thursday, despite the rise witnessed in the international market. Basra Heavy crude prices fell by 36 cents to reach $76.08, and Basra Medium crude prices fell by 36 cents to reach $79.03, according to economic media. Global oil prices rose amid growing expectations that the Federal Reserve (the US central bank) will cut interest rates next September, despite curbing prices against the backdrop of rising US inventories and the OPEC+ alliance’s plan to increase supplies. FROM OTHER SOURCES: The CBI Sells More Than $275 Million At Auction Today. ARTICLE: The CBI’s Dollar sales amounted to more than 275 million Dollars today, Thursday, in the currency auction. In its auction today, the bank sold 275 million & 66 thousand & 650 Dollars, which it covered at a base ER of 1,310 dinars per Dollar for documentary credits & international settlements for electronic cards, at a price of 1,310 Dinars per Dollar for external transfers & at a price of 1,305 Dinars per Dollar in cash. Most of the dollar sales went to strengthen balances abroad in the form of transfers & credits, which amounted to 253 million 556 thousand & 650 Dollars, an increase of 92% over cash sales amounting to 21 million 510 thousand Dollars. FROM OTHER SOURCES: Dollar Prices Are Rising In Local Markets. ARTICLE: The Dollar ER rose today, Thursday, in the local markets in the capital, Baghdad. Prices rose with the opening of the Al-Kifah and Al-Harithiya stock exchanges to record 145,750 Iraqi Dinars for every 100 Dollars, while yesterday, Wednesday, prices recorded 145,500 dinars for every 100 Dollars. While selling prices in banking shops in local markets in Baghdad rose, the selling price reached 146,750 Dinars, while the purchasing price reached 144,750 Dinars for every 100 Dollars. FROM OTHER SOURCES: It Includes 4 Stages.. The Ministry Of Interior Determines The Impact Of Digital Transformation On Citizens. ARTICLE: The Ministry of Interior announced today, Thursday, that managing the digital transformation file includes 4 stages, while indicating that digital transformation has reduced the burden on citizens and removed the similarity of names to controls. Director of the Information Systems Directorate in the Ministry, Thamer Al-Amiri, said: “Managing the digital transformation file in the Ministry of Interior includes several stages, building the ministry’s own systems and managing strategic projects, including the passport project & the visa project, as well as the electronic gates at airports as well as the digital data center.” He explained, “These projects led to reducing the burden on the citizen and removing the similarity of names in the detention centers, as a special system was launched to investigate and measure the efficiency of implementing arrest warrants at the state level.” He added, “We contributed to tracking the crime, by quickly sharing information between the security services & providing communications to facilitate the tracking of terrorism, as well as the presence of cameras & the preparation of special studies in this regard.”
    12 points
  38. that would be a trip if its the polymer LD's currency shabibi referenced ... watching waiting
    12 points
  39. Because everytime we get excited about an article nothing happens. I like the article, but........................... we wait.
    12 points
  40. 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 Clare Article: "PaPrliament sends budget schedules to the Ministry of Justice... for this reason" Quote: "Today, Tuesday, the Presidency of the House of Representatives sent the 2024 budget tables to the Ministry of Justice for publication in the Al-Waqe’at newspaper." The Al-Waqe’at newspaper - IS THE GAZETTE. MarkZ Comment: It looks like the Iraqi budget needs to be published in the Gazette before it becomes legal. If they are waiting on that it may be Wed or Sat …or it becomes legal 15 days from yesterday? Mark: Exactly... At this point we are expecting it to be published in the Gazette [Wednesday] or Saturday... There is a mechanism to RV in the budget. And I have a ministry contact in Iraq who still thinks we will see a new rate with the budget. Whether that is Wed. or Sat…we will see... This contact works in the government in Iraq.
    12 points
  41. I'd neg you many more, but am not allowed. Sell out and go away. pp
    12 points
  42. “Iran: Iraq is one of the richest countries in the Middle East” BUT With one of the weakest currencies in the world. Make Iraq 🇮🇶 Great Again Go Stronger dinar. Go former glory
    12 points
  43. “On Tuesday, the coordination framework held a meeting in the presence of Prime Minister Muhammad Shiaa Al-Sudani. A statement following the meeting stated that the attendees discussed the financial budget tables and stressed the necessity of approving it to achieve the interests of citizens and support the economic situation.” "Emphasis was placed on maintaining security and stability, improving living conditions, and achieving sustainable development throughout Iraq." Go Iraq 🇮🇶 Go 2024 Budget Go development Go economic growth Go stronger dinar Go purchasing power
    12 points
  44. Gotcha..I've been thinking June/July for the RV. Definitely feeling this year though!
    12 points
  45. 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 Deepwoodz If they dropped the 000’s now, at 1320. It’s not a thing from any set of books. It’s math… which happens to be simple fact. 1 dinar=$0.76 cents. There is no math that translates the dropping of the 000’s, at the current rate, into 1 dinar = $1.32. MarkZ It certainly is a “push” ...They are talking about it openly in the Iraqi news. They are blatant on this one “The impending rate change”. They are telling us what they are doing. Articles in Iraq say clearly that the dinar is going to be worth more than the US dollar. Frank26 Question: "What do you think the dinar will be floated at the start? IMO at the start of the float 1 to 1 you'll never see it. So just looking at 1320 causes me to think maybe they'll start at about $1.30 or $1.50. They could start even higher.
    12 points
  46. Thank you Ron! My dad was air lifted to a 2nd hospital on day one and then transported to a 3rd hospital on day 2 (Thursday). I honestly don't understand how he is still alive and progressing in a positive direction after everything he has Been through. He has 7 arteries clogged, any where from 70% to 100% blocked. If I could post a photo of his arteries I would. He has pneumonia in the lungs as a result of his weak heart too. The Dr's can't wrap their minds around the fact that he was swimming at the ymca 3 mornings a week until last week and walking around.. all 7 or 8 Dr's so far are baffled that he's still alive. They keep asking us the same questions over and over because they are confused. They put a temporary balloon pump in his heart on Thurs and ever since then his body has started recovering. His lungs are clearing out, his ventilator has been decreased from 100% to now 40%, he has gone from 13 meds down to 4 (mostly sedation), his blood pressure meds have been weaned completely, and they told us today they're going to start weaning the ventilator tomorrow(sunday). He's 73 years old.. I understand he has a huge surgery coming up when his lungs get cleared and the ventilator is weaned so I'm being cautiously optimistic and keep praying every time I get the chance. I understand he's not healthy yet and it could change any day now but he just keeps improving.. enough for now, sorry to ramble but I feel like there's a higher power carrying him at this time.. God definitely has his hands on him at this time. I pray it continues!
    12 points
  47. 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 Frank26 [Iraq boots-on-the-ground report] FIREFLY: International finance team is on the television channel one...They're saying the economic reform is Iraq is at an increasing rate and we have invested over $2 billion in this Iraq. FRANK: This is the international finance community. They all know what's going on. When they say your economic reform has increased; what they're talking to you about without saying it because they cannot, is the float. Kaperoni Just because the central bank is changing monetary policy doesn't mean the exchange rate is going to rise. Only with the success and growth of Iraq's economy can the dinar go up in value.
    11 points


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