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Iraq GDP $225 billion dollars….. Currency value $0.00076 Kuwait GDP $184 Billion dollars….. Currency value $3.24 Something is wrong with this picture 🤔 Hope someday in the the near future we can see the real value of the IQD.18 points
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6ly410, most of us appreciate greatly the hard work that you're doing posting these articles. Thank you very much!!!15 points
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looks Iraq is about to RV - just my humble opinion- don’t care about negative opinions makes no sense at all.. LOL - I am pumped - GO RVVVvVv yes!!!! gO RVVV!15 points
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The Council of Ministers decides to grant 500 billion dinars to Kurdistan every month Policy |Today, 16:32 | Baghdad today - Baghdad Today, Sunday (September 3, 2023), Representative Mustafa Jabbar Sanad revealed that the Council of Ministers granted (500) billion dinars per month to the Kurdistan Region, in addition to renewing the contracts of the controversial Kar and Qaiwan companies. Sanad said in a Facebook post, followed by "Baghdad Today", that "the cabinet decided to grant (500) billion dinars for the Kurdistan Region on a monthly basis." He added, "The council also decided to renew the contracts for the Kar and Qaiwan refineries."14 points
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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 MarkZ Article: “State contracts are executed in Iraqi dinar” This is important and part of the de-dollarization process and the sovereignty of their currency. They are also converting old contracts to dinar as well. Article: “Iraq imposes dinar- only policy for domestic transactions” They say they are going to honor contracts at the “exchange rate” and that rate can change…and is expected to …but they want to make certain that the framework for all the contracts get converted based on the official exchange rate. This is huge and Iraq has made enormous progress. Holly Some very important things are going to happen: 1. The USA sanctions on auctions for Iraq are being lifted after 30 years! Signed off by treasury last week when Iraq was in USA! Boom 2. Iraq is being part of the WTO by October 4th! They have to have an international rate to be part of it! Boom 3. Iraq is having their first ever Independence Day on October 3rd!! Congratulations Iraq! This means they are independent and their war has ended! This by far is the biggest boom ever!13 points
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Iraqi Central Bank to Restrict Internal Trade to Iraqi Dinar Khalid Al-Ansary, Bloomberg News Iraqi dinar banknotes sit in this arranged photograph in London, U.K., on Monday, April 15, 2019. Iraq's real GDP to accelerate slightly to average about 2 percent due to rising oil production, compared with about 1 percent in 2017, S&P said in statement. Photographer: Jason Alden/Bloomberg , Bloomberg (Bloomberg) -- Iraq’s central bank will restrict all internal commercial transactions to the Iraqi dinar starting next year, the bank said in a statement, citing governor Ali Al-Allaq. The step appears aimed at curbing the dealing of the US dollar outside Iraq’s banking sector, as well as limiting smuggling it abroad. It’s also a move to back the local currency. The central bank next year will end the job of transferring money for foreign trade and instead focus on “supervision and monitoring,” with the job of transfers shifted to licensed Iraqi banks. Currently, the central bank is the process of opening transfer channels in various currencies, including the Emirati dirham, the Turkish lira, the Indian rupee and the euro, according to the statement. On Sunday, the dollar was available on the unofficial market at about 1,550 dinars, 17% weaker than the official rate of 1,320. ©2023 Bloomberg L.P. https://www.bloomberg.com/news/articles/2023-09-24/iraqi-central-bank-to-restrict-internal-trade-to-iraqi-dinar?embedded-checkout=true13 points
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Thanks tigergorzow! "Iraq’s central bank will restrict all internal commercial transactions to the Iraqi dinar starting next year, the bank said in a statement, citing governor Ali Al-Allaq." The step appears aimed at curbing the dealing of the US dollar outside Iraq’s banking sector, as well as limiting smuggling it abroad.13 points
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We are at the beginning of the beginning of implementation of GESARA-NESARA. BRICS Conference just completed. WB & IMF conferences going on right now. G7 Summit starts on the 9th. UST-CBI talks are still ongoing. The USD nears total collapse & more US bank failures are on the horizon. The Feds are spending, borrowing & raising the national debt like drunken sailors. The world is headed to another great Depression unless there's intervention. Our RV is not in the Iraq Budget. Not in the HCL. Not in foreign investments in Iraq. Our RV blessing will be found in GESARA-NESARA. Hell ya, bring on the GESARA-NESARA. IMHO.13 points
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Iraq Trade Ministry: Iraq’s WTO ascension; Asking for US support over next few days https://www.rs.iq/iraq_news/view/629 The general director of economic relations Hashem, Hatem told the Kurdish news agency (Rn) on Friday that “the Iraqi Ministry of Trade has asked the U.S. embassy in Baghdad need to support the United States to Iraq on accession to the WTO during the next few days in order to develop the economic sector in the country.”12 points
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Absolutely incredible what is happening right now over there - let’s gooooo cheers!!!12 points
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Come December they won’t get it done, then they will have to wait till after ramadan, then after that the winds will be blowing the wrong way, then the camels will be sick. It is never ending with these people. However, a lot has been happening and going on. This is just one guy saying this. It may be smoke too. It is the same with the rise in the dollar. Change the rate and then see what happens. I think it is interesting though their social security program goes into effect mid November though.12 points
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I believe there are 2 resets at play, one from the deepstate and one from the white hats. Deep states "Great Reset" includes all NWO stuff like green new road, one world currency and 15 minute cities etc, where we own nothing etc. We see this taking place right now. I also believe the white hats have the "Global Currency Reset" ready to go for when the masses wake up to the deepstates plan in the "Great Awakening". This reset will return us to constitutional law under the Republic of the United States. Trump will be our 19th President of the Republic as president 19-46 were presidents of the "corporation" and not the Republic. I believe all currencies will be on a level playing field and the Abraham Accord will bring peace and fair trade throughout earth. I also believe a form of nesara/gesara is already happening in stages and our currencies will be backed by our assets. Things have to get worse before they get better to wake up those who are still asleep. Be prepared with food, water, ammo medications etc. It's better to have them and not need them than to need and not have.12 points
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I usually read comments and move on regardless, but your post hit a nerve, I could say the same about you and the Blah Blah Blah you spew Enough!! You seem to be ungrateful person, and think this all about you, (which is far from) your name rvmydinar demanding, commenting on post that read blah blah blah, you had enough, our money in our account. etc Do you not see, what been pointed out...We all are nobody along for this ride even you.11 points
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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 Angel1 Thursday I'm guaranteeing you the auctions change. That's the CBI announcement. That's the 28th...that's their banking Friday. That means they automatically go into offline... I wouldn't go crazy looking for something on Thursday but let me tell you, official implementation date is Thursday per the CBI. Whether we see it Friday, Saturday I cannot promise you that...I'll also tell you this, this is very damn close... Pimpy Yes, there are a lot of reasons to be excited about the Iraqi dinar's future. There are a lot of steps taking place to make things happen. This Authorization of Military Use would definitely give Iraq back their sovereignty. They'd be free to do what they want without asking for permission all the damn time. MarkZ Rumors are “screaming” right now. But the biggest news of the day is the Senate passing the resolution to end the sanctions and the war on Iraq. This is huge and once the house passes it – it will allow Iraq to have full control over their own money …their own oil and their own destiny. Watch what happens the next few days. We know they are celebrating....I still think it won’t be until the weekend at the earliest. ...News is overwhelmingly positive.11 points
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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 Angel1 Intel is hot right now. There were some dotting in the I's and crossing the T's that Sudani needed to do before he came to New York for the United Nations session. The New York Times has already put out a beautiful article praising him. MarkZ Question: When does Sudani return to Iraq? Mark: Most of my DC and New York sources say he should be in private meetings all week and then head home late this week or over the weekend. But, we do not know for sure. Yada ...it is all done...They are too the point they have to release the rate to go further. All the contracts with other countries are set to go, corporations are set to come into the country and only with a released rate.11 points
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How close are we? Rumor has it...the fat lady has entered the building, is clearing her throat & getting ready to sing. Go RV.11 points
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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 Frank26 Sudani and Alaq have run out of time...now they have no other choice but to press the green button and go International. IMO that's exactly what they're doing. Militia Man Al Sudani going to New York for a week to cut deals? Maybe. We'll see how that turns out... Walkingstick The monetary reform is very loud right now. It's extremely loud right now. The decibel level is at a hurting point... Pimpy [US Treasury Secretary Elizabeth Rosenberg in Iraq last week] She is an expert in banking...Her job is to do an analysis on the bank and what is she looking for? ...Security...She's there to check on the reforms that have been implemented and what is left for Iraq. Nothing to do with investing...Somebody's gonna hear that she came to Iraq and...make it bigger than it is and somehow tie it back to the exchange rate change of the Iraqi dinar...She's not there to talk about the exchange rate. All she is doing is making sure the programs that were supposed to be implemented are implemented... Nader From The Mid East A couple article come out today about the HCL has been approved and has been activated today. By next month all the Iraqi citizens should see some money in their banks and that's a good thing...We should see something soon. MarkZ ...A lot happened over the weekend. A huge amount was accomplished on the HCL in the Kurdish region…and budget agreements. This tremendous HCL progress is definitely the talk on the streets over there. It’s the execution of the HCL we are waiting on. I have been told over the last 15-20 years that when we see HCL (hydrocarbon law) finished and executed we would be days from the rate change…so I am super excited about the progress over the weekend and it certainly lines up with what my sources are saying...So for me, this means anything after Wed this week is fair game. Frank26 Hey, Alaq, how clean is the CBI floor? 'It's dinner time.' ...I never thought I'd see the CBI floor so clean. Iran, Iraq, U.S. Treasury meeting with the CBI? Why would you let the wolf back in the chicken coop? ...Iran said we promise [to be good]. Whoa! How clean is that floor at the CBI Alaq? 'Spotless' Militia Man Everything we've been seeing...is showing Iraq is going to have a big week. Al Sudani is set to arrive in New York on the 18th. I would imagine there's going to be sideline deals. If you look at the lineup from the U.N...Iraq is slated [to speak] on Friday the 22nd...Iraq is coming out to the world and we're going to be a part of it. I'm really excited to see it... Clare Article: "Al-Sudani and Fouad Hussein alongside world leaders in New York" Quote: "The Iraqi delegation will participate in the meetings of the United Nations General Assembly, headed by Prime Minister Muhammad Shiaa al-Sudani and Foreign Minister Fuad Hussein, and they will meet there with many world leaders, according to Foreign Ministry spokesman Ahmed al-Sahhaf." Sunday Midnight Opinions Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani said he's not worried about the parallel black market. They have a mechanism which is about to be implemented that will down the dollar and make the dinar strongest. FRANK: WHAT!?!...Good God almighty...Holy guacamole! Kaperoni Iraq can talk about the WTO all the time and they can get excited about joining, but it's all hype until Iraq it creates the conditions for them to be a full member. Currently, they are still 90% dependent on oil exports. Sandy Ingram Good news, Iraq and the US hold financial reform discussions in Baghdad. This little meeting not reported in the mainstream news tells us the US may be ready to help Iraq move towards significant growth in its currency. At least we hope that's what this meeting is pointing to. Militia Man Article: "Instead of the President of the Republic, the Sudanese participates in the United Nations General Assembly meeting" Quote: "The United Nations General Assembly meeting scheduled to be held on Monday, September 18, 2023" There is obvious motivation for him to move up his schedule up from the 20th to the 18th...Is there more to the story than meets the eye? ...He would have to be awfully motivated to move things along so quickly now. The UST apparently wrapped it up in Baghdad this week and from the successes of those meetings that were on going, they may have allowed for the urgency of him to arrive in the USA. I like it.11 points
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Clare Quote: "The Central Bank of Iraq announces the conduct of a public and private tender to equip, install and operate machines for counting and sorting Iraqi and foreign currency (dollars and euros), number (30) and currency packing machines, number (4) machines for the Central Bank of Iraq / Kurdistan Region Branch / Erbil." This is a much bigger story than what it appears to be on the surface. We must ask ourselves why all the sudden the urgency for everyone to get their hands on a De La Rue counting machine. Something BIG is going down.11 points
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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 Frank26 Question: "Is Article VIII needed?" Article VIII will automatically come on once Article VII is official. In other words it's the next step that they walk into under the United Nations Security Council. Mnt Goat About the WTO accession, the articles told us months ago they were in the final stages and so they are all ready to go. They only want a currency that can be international prior to making the final move. They don’t need the currency to revalue only reinstate to be in the WTO, but we know they will revalue when they do reinstate it and go international...I repeat, they DO NOT have to RV (no mandate for the WTO says they do) only need to reinstate for the WTO, but they are choosing to significantly revalue when they do reinstate it. So we are good…10 points
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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 Sandy Ingram More than a few people are saying we are unwise to expect that the IQD will revalue to $1 or $2. What people outside the IQD investment do not yet understand is this - Even if the IQD only increases in value to $0.20 to 1 Iraqi dinar, in the beginning, many people would experience a profit of $200,000 [$0.20 X 1,000,000] or more. This is when visitors stop talking down to IQD investors and start asking where can I purchase the currency... Breitling They [Iraqis] are selling more oil than they ever have at a higher rate. Kaperoni There are many countries around the world with weak currencies, and Iraq's currency will remain weak until they diversify their economy. Angel1 Sunday, Alaq makes an official announcement... there's going to be massive important shifts in external transfer mechanism and it says this came after an agreement between the CBI and the US Federal Bank. What they're saying is at the end of the year, January 1, the Central Bank of Iraq's auctions will be completely different. They will be run like all the other international central banks of the world. That's what will happen January 1. That's an announcement. Frank26 Security and stability. Mission accomplished...That's what it boils down to. That's what we need for the monetary reform to come out... Militia Man The de-dollarization of the country is happening before our eyes. If they're telling you they're restricting all transactions to the local currency the dollar in the country is going away...The parallel market or black illegal market once they fix this is going to be see you later, bye. Pimpy What you're hoping for is Iraq to start de-dollerizing so they can start strengthening their currency...Things are looking really really good for Iraq. Hopefully things will start to change. I know there's a lot of prosperity that's going to be coming to the Middle East. I'm sure Iraq is a big part of that... Goldilocks Article: "The Central Bank of Iraq (CBI) intends to limit all domestic trade transactions to the local currency starting next year." I found another article letting us know that the Iraqi Dinar will go International early next year in domestic trade transactions. They will use their local currency to make these trades around the world and the price pressures that come with it to increase demand for their currency will create authentic exchange rates. Clare Article: "Reinforcing the Iraqi Dinar: A Shift in Iraq’s Monetary Policy" Quote: "In a decisive move to strengthen the local currency, the Iraqi Council of Ministers has mandated that all local contracts be denominated in Iraqi dinars. This decision is a notable departure from the previous norm of executing contracts in US dollars."10 points
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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 Frank26 CSC is the Central Security Custody system. Somewhere between the 28th and the 1st and these next 72 hours this CSC will go into effect because it was a mandate from the BIS to make sure Iraq was ready on the 28th to do international transfers...The auctions we believe you will see a change in them on the 28th...This is an important step. There are many steps that are occurring right now at the end of this monetary reform that are important. Mnt Goat Question: Will there be a cap limit on the dinar when exchanging? Mnt Goat: Yes, the IMF will place the dinar initially on a managed float and I was told around a $9 cap but that was years ago and things have changed...I wouldn’t be surprised if we witness up to $12 before they cut it off. Dr Shabibi told us in 2011 that the dinar back then could sustain a rate of $16...They are now pumping 2/3 more oil and have agriculture exports now and also 132 tons of gold...They are filthy rich!10 points
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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 Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television is saying from the advisor to Sudani within 72 hours there will be a change to the dollar exchange rate. If that's true that means our exchange rate automatically changes too. They're saying the dollar rate will have a mechanism applied through which will control the parallel market rate. They said Sudani and the CBI have many proposals and papers ...to fix the issue. And within 72 hours we will see all this applied to fix the dollar exchange rate. This sounds very positive, but for some reason, I don't think it is what we're hoping for. I feel they will move the rate back to 1170, or possibly to 1000 IQD/USD. Change some policies so there isn't a secondary market. Let things stabilize, then possibly make their big move. It would be wonderful to go straight to $.10, or $.25, or $1.00 - but I don't believe that'll happen. Too much telegraphing with some of the comments supposedly coming from Sudani and others. JMHO...! RON10 points
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Big Mike 👍 Michael Robinson.10 points
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Or that the former First lady Michelle was first a man10 points
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@6ly410 Love your enthusiasm. I hope we're coming to the end.10 points
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If Someone already posted, forgive me. Did not see it anywhere. pp Economic calls to follow new measures to restore the dollar exchange rate Today 14:33 Information / Exclusive: Economic expert Nabil Al-Ali confirmed on Sunday that putting an end to the rise in the exchange rate of the US dollar requires new diplomatic measures, while pointing to the most prominent challenge of not declining the exchange rate. Al-Ali said in a statement to “Al-Ma’louma” that “the most prominent challenge facing the Central Bank of Iraq regarding the continued rise in the dollar exchange rate is its inability to find a way to address foreign trade transfers,” noting that “addressing these challenges requires a diplomatic effort to convince the US Federal Reserve to set a value.” specific for commercial exchange. He added, "The Central Bank's measures to grant travelers abroad the exchange of three thousand dollars at the official rate are incorrect and will not work." The economic expert called on the government to "intensify its diplomatic efforts to move to obtain approvals from the US Federal Reserve to open a financial transfer platform worth 30 to 40 million dollars per day." Washington continues to create crises and create chaos through its malicious cards that it uses from time to time, as America continues to obstruct Iraq’s progress through many files, most notably the dollar.10 points
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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 Yada Article: "Al-Sudani listens to a comprehensive presentation on the steps for implementing the unified treasury account" Quote: "Prime Minister Muhammad Shia Al-Sudani confirmed today, Sunday (September 24, 2023), during a special meeting to follow up on the implementation of the unified treasury account and electronic payment that these steps are among the most important financial, banking and economic reform measures in Iraq." A follow up "on the implementation"...The Unified Treasury Account is the account where all the money is stored and the electronic payment is the tool they are using their banking. Stuffs taking place folks... MarkZ Article: “Iraq to reopen embassy in Vietnam”. This is good news and showing their ties. Vietnam and Iraq are both major trading partners and of course we expect both currencies to revalue at the same time...Reopening embassies is important… If Iraq is going to be international player…they are going to need an “International Currency”...10 points
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Added @ 9:50 CDT: Pimpy Al-Sudani wraps up his visit with the United Nations General Assembly...He was supposed to meet with Biden but my understand is that they did not meet but he did speak with a couple of his staff members. I'm sure by now he must have some kind of idea how this [Thursday's] vote's gonna go...on whether or not they reverse the authorization of military use over there in Baghdad. I'm wondering if there was any kind of stipulations or agreements that were made one way or the other but next week we're going to find out.10 points
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Parliament Finance: Three months against the dollar to return it to the official exchange rate Yesterday, 19:49 Al-Ghad Press/Baghdad The Parliamentary Finance Committee reported today, Thursday, that within the next three months, the dollar exchange rate will be restored to its official rate. Committee member Moeen Al-Kazemi said in a television interview followed by Al-Ghad Press, “Iraq opened remittances to import necessary materials, and the Central Bank of Iraq provided approximately 80 percent of the Iraqi market’s needs with official fundamentalist remittances.” He added, "There remains 20 percent in the black market for which the Central Bank cannot issue a transfer due to imports from countries banned by the US Federal Reserve. Therefore, merchants concerned with obtaining dollars from the black market resort to the parallel market, which leads to this significant increase." He continued, "The Central Bank delayed financing its funds from the American side for two periods, and this is considered an obstruction to the work of the Central Bank and the economic situation in Iraq." He pointed out that “the American and Treasury restrictions have a pressing impact on the flow of the Central Bank’s work, so important measures have been put forward, including facilitating the tax issue for merchants in a way that encourages what is required, that is, the one who pays these taxes, to review the tax authority, pay what he owes, and settle what he owes over the previous period,” pointing out “This procedure is important and is one of the things that encourages the trader to enter the currency window instead of going to the parallel market, which leads to a gradual reduction in the price of the dollar.” He pointed out that "over the next three months, the dollar exchange rate will be gradually restored to its official rate."10 points
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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 Pimpy We know that the Iraq dinar is much more valuable currency, how much of an impact it's [The US House of Representatives will hold a session next week to cancel the authorization for the invasion of Iraq] going to have on Iraqi dinar remains to be seen. Like I said I don't want to promise anything but I think then we could see some much bigger jumps in the value if outside investors start coming in because the authorization has been reversed, if these restriction are removed off the Iraqi dinar then we can see some huge jumps. Kaperoni Pimpy thinks sanctions are what are excluding Iraq from access to the international financial system...Wrong! There's nothing holding Iraq back from engaging with the world financial system other than Iraq themselves. Militia Man There's a total shift and a move to expose Iraq. What are they doing? They're creating confidence. They're going to create liquidity...Iraq is gearing for a global financial system mechanism that's gonna provide liquidity to the world. Ingram Article: "Summary of Iraqi Prime Minister's Schedule at the UN General Assembly September 2023". The Prime Minister of Iraq addressed the UN General Assembly this past week in New York City...He had a one-on-one meeting with US Secretary of State...He also met with US companies on Thursday...In his speech to the general assembly, he said the country has become a safe environment for investors focusing on eradicating corruption and is committed to international law...The PM told the general assembly everything they wanted to hear. He called Iraq a key player in the global marketplace and said other countries cannot use Iraq as a central point to hurt either Iran or Turkey. MarkZ Article: “Iraq’s Prime Minister talks to CNN about the future of his country’s relationship with the US” So they are starting to cover stories like this even in the MSM. This is showing Iraq is coming to the world stage. Babysmom IT DOES NOT HAVE TO HAPPEN ON A WEEKEND THE GOAL IS FOR IT TO HAPPEN WHEN OUR MARKET IS CLOSED AND THE IRAQ BANKS ARE CLOSED...KUWAIT HAPPENED ON A SUNDAY AND IT WAS REPORTED MONDAY IN THE NEW YORK TIMES. Pimpy We know they've been working on reforming their banking system so it could work with international financial system. If they de-dollarize, get rid of the capital controls and they can have access to international financial systems, outside investors would come from all over to invest in Iraq. You could see the Iraqi dinar jump up pretty good.10 points
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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 Clare Article: "The Prime Minister returns home after concluding his visit to New York" Quote: "Prime Minister Muhammad Shiaa Al-Sudani returned to the homeland Saturday, after concluding his visit to New York." Samson Article: "Al-Sudani concludes his visit to New York with a British and international meeting" MarkZ When I say redemption centers...a redemption center is a bank in the region …in your area…that is specially equipped and set up with the people who have been trained to handle it. This difference in terminology causes a tremendous amount of confusion... Maybe I should start calling them “redeeming banks?” How about just calling them "BANKS"..! It seems Mark is trying to walk back his previous BS about there being redemption centers.10 points
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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 Frank26 [Iraq boots-on-the-ground report] FIREFLY: We see Austria is back here in Iraq. They are reopening their embassy here. Their ambassador says due to the security and stability here it leads them to trust and reopen. FRANK: Hey, Sudani how clean is the floor of the CBI..!? Angel1 There is one more requirement the WTO is asking from Iraq and that is to change their exchange rate. That is what the WTO is waiting for. Clare Article: "Announcement of a tender for supplying, installing and operating counting and sorting machines and currency packing machines" Quote: "The Central Bank of Iraq announces the conduct of a public and private tender to equip, install and operate machines for counting and sorting Iraqi and foreign currency (dollars and euros), number (30) and currency packing machines, number (4) machines for the Central Bank of Iraq / Kurdistan Region Branch / Erbil." Samson Article: "Instead of the President of the Republic, the Sudanese participates in the United Nations General Assembly meeting" Quote: "Prime Minister Muhammad Shiaa Al-Sudani is scheduled to participate in the annual meeting of the United Nations General Assembly next week." Frank26 Why would Iran be at the CBI governor's office dealing with international issues? I think you know why. They can't steal anymore. The floor is spotless. It's dinner time. Something is about to happen.10 points
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Here's an article of Dinarian interests... UST: We Are Ready To Cooperate With Iraq. Treat as a rumor. Not verified. Your opine. From Other Sources: The UST: We Are Ready To Cooperate With Iraq In The Files Of Financial Liquidity & Commercial Transfers. ARTICLE: The PM, Mr. Muhammad Shiaa Al-Sudani, met in NYC, after midnight (Baghdad time), with the Under Secretary of the US Treasury, Mr. Brian Nelson, on the sidelines of his participation in the meetings of the United Nations General Assembly at its seventy-eighth session. The meeting witnessed a discussion of cooperation mechanisms between Iraq & the US Department of the Treasury & a review of the government’s priorities in implementing economic & administrative reforms that fall within the government program. The Prime Minister confirmed that the government has taken several measures with the CBI in implementing financial reform, which is considered a key to economic reform in achieving the government’s goal of moving from a unilateral economy towards a productive & multi-economic economy, where, for the first time, a financial database for banking transactions was created, in order to achieve the required confidence in dealings with international banks. He also pointed out the expansion of the government’s work in reducing money laundering operations at the procedural & judicial levels, by applying the required international standards & enabling it to achieve real trade that supports the economy towards further development.10 points
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Here's another article related to the above...Iraq is open for business... Angel1: Iraq Is Open For Business. ARTICLE: Sudani has been in New York…We were told Sudani was scheduled to speak on Friday. Sudani has already spoke. Last week, Sudani had a special meeting that was broadcast across the nation, 1 hour & 24 minutes. He went off on security, stability, exchange rate, water, wheat, deals, about how incredibly well Iraq was doing. Today in a speech we see a mirror image of that in New York on an international stage. He has let the world leaders know exactly where Iraq is & that they are open for business & they are coming.10 points
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Prime Minister leaves Baghdad for New York Yesterday, 23:51 Baghdad – Prime Minister Mohammed Shia al-Sudani left the capital Baghdad for New York. The Prime Minister's Information Office said in a statement received by the Iraqi News Agency (INA), that "Prime Minister Mohammed Shia Al-Sudani leaves the capital Baghdad for New York to participate in the meetings of the United Nations General Assembly at its seventy-eighth session."10 points
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Well, the last three years have taught me to question everything that comes out of a government employee's mouth. Not just to distrust what they are saying, but to completely disregard it. When it comes to "government" and "finance" in the same sentence, it goes double. We are in such a dire state economically, and the Republicans can't seem to grasp that and even make an attempt to rein in the out of control spending. The Democrats are led by radical leftists and are hell bent on bankrupting and destroying this country.10 points
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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 Pimpy Article: "Washington appreciates the efforts and steps of the Central Bank of Iraq to contract with international audit companies" This discussion has been going on for some time, sure we lose our purchasing power. Yes, it sucks for the American citizens but the fact that Trump said we should be on a level playing field as far as currencies are concerned, now you have the Biden Administration over there talking to them about allowing the Euro, Yuan and the Durham to be used for trade. I find that very very interesting...Are they trying to make an equal playing field for everybody? Sandy Ingram The Turkish currency has steadily increased abasing the U.S. dollar since March 2023. If Iraq's currency were to match the Turkish Lira many of us would be looking at $40,000 in profits (with 1 million dinar) even without a so-called revalue. In a matter of months you can realize thousands of dollars in profits when dealing with exotic currencies. It is taking Iraq longer than usual but they have had so many more issues than many countries. Frank26 [Iraq boots-on-the-ground report] FIREFLY: U.S. Assistant to the Secretary of Treasury is in Iraq and she's meeting with the CBI banking official. FRANK: Iran has a meeting with the CBI [too]! FIREFLY: Sudani when he we was done he left us with these final words. A spokesman came out for Sudani on the news saying Iraq will achieve its dreams. Angel1 What we have been hoping for all these years is upon us. It really is...Why now...Sudani all of a sudden having special televised meeting talking about security? Why stability? The bottom line is this. Iraq is ready. The environment is ready. MarkZ Article: “US Treasury discusses with CBI foreign trade in three currencies other than the dollar” This is the US Treasury representative in Iraq and sitting down with Alaq. Of course they are working with the CBI and working through some things...They also discussed all the tremendous efforts Iraq has done to modernize their banking system. They can now track money laundering, bad guys ect…I am still hearing there are Fed Reps and State Dept Reps there as well as World Trade Organization Reps as well. ...I am hearing out of Iraq…That they are finalizing that rate change (we don't hear this from any other source other than Mark & his 2 cronies)...I still believe everything is in place and they just need to flip a switch. It would be nice if this was all true, but it's Mark speaking..! Militia Man Once they go international they're going to have to have an international exchange rate to value assets. Those assets are going to have to be competitive in the marketplace. I think Al-Sudani's speech...the U.S. Treasury showing back up today, the Central Banks of Iran and Iraq are a key focus and everybody should be really excited about it. Let's see what happens in the next couple days. Obviously they're going to tell us more about this whole process because it's going to be a public deal... Nader From The Mid East The Secretary of Treasury of the United States just landed in Iraq to meet with the CBI and the government and the auctions have been changed for good. This is major. You know what happened on the auction changed usually the dinar goes up. So get ready. Good luck!10 points
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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 Militia Man The Central Bank of Iraq and Iranian, who are they having meetings with? The United States Secretary of the Treasury... Article: "The Deputy Governor of the Central Bank of Iran arrives in Baghdad with a visit that will lead to a reduction in the price of the dollar." That tells you the dollar is going to decline and their currencies are going to go up...I believe they're in the execution stage... MarkZ Groups are positioned and ready…agreements are done…people are all in place…The US Treasury is in Iraq…all we are waiting on is the switch pulled. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Everyone all over Iraq is talking about Sudani's speech. It lasted almost and hour and 30 minutes. He was bragging about us here in Iraq, our country, our sovereignty. Then he floored us and he said about us here in Iraq the security and the stability. FRANK: Sudani, how clean is the CBI floor? 'Spotless Frank!' FIREFLY: He talked how so many countries all around the world are investing here...he has many contracts and he can't even reveal them yet... FRANK: He's waiting for the new exchange rate!10 points
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Probably a good time to threaten another referendum on independence....that will get the pot stirred up real good.10 points
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MP: Parliament intends to legislate the oil and gas law in its current session Sunday, September 10, 2023 14:06 |EconomyViews: 294 MP: Parliament intends to legislate the oil and gas law in its current session (ninanews-com.translate.goog) Baghdad/Nina/ The Parliamentary Oil and Natural Resources Committee confirmed the determination of the House of Representatives to approve the oil and gas law during the current legislative session. A member of the committee, MP Zainab Al-Khazraji, said in a press statement on Sunday that "one of the important laws that the House of Representatives intends to approve is the oil and gas law, which has been suspended since 2005," noting that "the approval of the oil and gas law will end all outstanding disputes between Baghdad and the region for years, and will also contribute to preserving the fair distribution of wealth throughout Iraq."10 points
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What happens if WTO and HCL is old thinking ! 19 years when I got invested this was all the talk…19 years on still the talk….if the world markets crash tomorrow and countries values all change do you think the HCL and WTO status will still be needed? Considering todays economic climate I am not sure if these things are relevant or even needed!!!!!! Is Observer status for Iraq enough?10 points
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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 Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're telling us the official rate technically is 1132. They say in news about budget has words in it saying the exchange rate will be adjusted. FRANK: The CBI told you this? FIREFLY: Yes...And it will be retro to January 1st... FRANK: This is Earth shattering. Powerful...If they lift the three zeros can you live with $1.13? Pimpy For those of you buying dinar off eBay: 1. You better make sure they're not counterfeit dollars... 2. Make sure when you go to make your purchase that you're not spending way more money than the dinar is worth...just be very careful you're not paying way more than necessary... Militia Man Now we see stuff about the oil and gas law which I don't think they're going to expose it. It could be 100% finalized until after an exchange rate change...the exchange rate is necessary for the oil and gas law... Kaperoni There are two possible scenarios for the Iraqi dinar. One of which is not good for us as investors, which is a redenomination/LOP also referred to delete the three zeros. I believe much of this talk is just talk to curb speculation. This also could have been done years ago. The other option is to float the dinar which is the most logical option. Which allows the dinar to actually rise in value over time based on the growth of their own economic success, and increase in GDP. This is the most likely outcome. Sandy Ingram Article: "Iran could attack Iraq beginning September 19th" Military actions could destabilize our currency investment. This is frightening. Six different Iranian-Kurdish political groups have established a presence in Iraq's Kurdistan region. Iran has accused these groups...of instigating and starting the protests that lasted months in Iran in September of 2022. More than 300 people were killed in the protests...No one doubts Iran will attack Iraq's northern Kurdistan region on September 19th. Clare Question: "Do you think the Oil & Gas Law will get approved 1st or the Rate Change?" I think the rate could come any time, even first, because the major agreements to the HCL are met & that too is waiting for a rate (publicly). As you know, they don't tell us everything ...nor do they have to... Frank26 [Iraq boots-on-the-ground report] EYES: My Banker...says let me send you some emails...This Vietnam contract is real and a change is coming. He tells me once that change occurs within 24/hours the Vietnamese dong will also change to be economically fair to both Iraq and Vietnam. He says Vietnam has a lot of Iraqi dinars in reserves and Iraq has a lot of dongs in their reserves. They will not take advantage of each other...When a financial change occurs it will effect both the VND and IQD. This is a unilateral financial agreement...10 points
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only in iraq would a financial surplus be considered a crisis ,, im thinking a new financial adviser might help to resolve this terrible situation ... wth is going on anyways all citizens should occupy the green zone and stay to changes are made.10 points
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I never like to post in this section but this subject matter is near and dear to my heart. I've been intensely studying economics for over 4 years now and I can assure everyone that's believing in N/G will not like the outcome. I've read and seen most of the information on this subject. And it amazes me how people believe it. Almost all the original information about N/G comes from the United States government. And Bill Clintons office. That same government that most people don't trust. But this seems good for everyone so they bought it. And in doing so people went out and borrowed as much currency as possible believing they won't have to pay it back. That's the exact reason for the N/G narrative. To keep the Sheeple in the dark and supporting the financial system. While the Federal Government built their Central Bank Digital currency. Some time in the very near future everyone will be forced into the FedNow checking account. You won't have a choice. Your bank account today will become a FedNow account. But don't worry, they'll say, we're going to give everyone free cash again deposited directly into your account. As the Sheeple get comfortable with this new system the government will begin to control you by controlling your currency. If they think you're traveling to much, you won't be able to buy gas or plane tickets. If they think you drink too much soda pop, guess what you won't be allowed to buy it. We all know this is in the works and sadly some people are excited about the prospect just because of the free currency. UNTIL they realize that all of that debt they built up thinking they weren't going to have to repay.... Guess what, you either pay your bills or the government will simply pay it for you from your FedNow account. The banking system calls the CBDs "Programmable Money ". Because the Fed will control what you spend And what you pay. Sorry but that's the reality10 points
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just another liberal rag. and milley does deserve execution for colluding with china9 points
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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 Nader From The Mid East Before the end of the month we're gonna announce they have almost $140 billion in reserved... Militia Man Iraq's gearing to go international and you can see that with all the trade that's done with China, Japan, United States of America, Canada, Jordan, Saudi Arabia, Iran, the borders, trucking everything is coming together...Iraq's oil capacity and output is increasing, the non-oil revenues are increasing and they're exporting agriculture and their credit rating is in good standing. They're basically saying we're open for business...It's stuff we've never seen before. It's phenomenal... Sandy Ingram How we know the value of the IQD will increase. Mega banks slipped into Iraq...JP Morgan has assets of more than $2.62 trillion and is the 5th or 6th largest bank in the world...Earlier this month JP Morgan & Chase won the contract to run the Trade Bank of Iraq. The Trade Bank of Iraq facilitates foreign trade financing operations... this is huge. Other banks working with JP Morgan are out of the United Kingdom, Poland, France, Canada and Kuwait...Banks that influence the Forex Market are doing business in Iraq...Iraq is connected at the top. Clare Article: "An upcoming visit by the Sudanese to New York" Quote: "Prime Minister Muhammad Shia al-Sudani is scheduled to meet US President Joe Biden on the sidelines of the United Nations meetings in New York this September, according to informed Iraqi sources." Kaperoni I believe JP Morgan is going to be a key player over the next few years in Iraq and I think us as individuals may end up somehow being involved with the company JP Morgan. JP Morgan has a track record of previously handling processes of financial transfers for Iraq...9 points
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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 Frank26 I have a dear friend who used to be military...but still works indirectly. Therefore consider my friend to have contractual agreements. These contractual agreements are with Iraq and Vietnam. My friend calls me and say, 'Frank, I'm ready to expand...but my financial people are telling me wait...There is a major financial change that is about to occur and we think it would be wise for you to just wait. You see Iraq has a lot of dong in their reserves and Vietnam Central Bank has a lot of Iraqi dinar in their reserves.' Something is happening. Mnt Goat Article: "SPECIALISTS CALL FOR A REVIEW OF THE IRAQI FINANCIAL SYSTEM" Quote: "...the financial and administrative system in Iraq needs to be restructured..." ...of course Iraq does not need all these structural changes to reinstate their currency as the value is already in the dinar with the oil market. Building the economy will only enhance the dinar and bring the rate up even more...9 points
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Yes in some shape or form…I believe we will see income taxes removed and a national sales tax placed on all new products between 8-14%…I believe as per trump all currencies will adjust up, down and some will stay the same…all countries will trade in their own currency and will be gold backed. Their will will be regional currencies for Asia and Middle East. I believe we will see banking shutdowns and internet outage for between 10-20 days and that’s it..9 points