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Showing content with the highest reputation on 10/18/2020 in all areas

  1. If the plan is to RV the dinar, everything you will hear or read will be the opposite. “Devaluation” “Lop” “colapsé of the dinar” just my opinion.! Go RV
    28 points
  2. Good Morning Dinar Vets, here's a few opinions & comments that might be of interest to you. 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. RON *** Pimpy *** ...I want to show you guys something because it's very important because even in Iraq they're talking about it now...there is a ton of concern about who wins our election... Article: "In Iraq...3 files await the outcome of the U.S. Elections" ...Biden is going to continue Obama's policies...when is the last time we saw a terrorist attack in the United States or even anywhere around the world? How many times has that happened under Trump? Let that sink in for a second...I just wanted to share this news because there is concern. There's a lot of people that really do want Trump to win. They do not want all the terrorist attacks to start up again all around the world... *** Mnt Goat *** Ok, so the status of the reinstatement has not changed. We are still waiting for articles to come out to verify earlier news that they are now re-educating the citizens in the newer denominations and coins. It is hard to trust sources even in Iraq as they are lying to us now. So we must verify and double check. Let’s all be patient and see how this plays out. It is mid-October and so we have to see something soon.
    12 points
  3. Good Evening Dinar Vets, here's an opinion & comment by Frank26 that might be of interest to you. 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. RON *** Frank26 *** Not only are the citizens soon to have more purchasing power added to their currency but now the citizens will reap the benefit of the country's Oil and Gas revenues...they got their percentage of the oil rights as citizens of Iraq from the HCL. Not only are you going to have a raise in your purchasing power of your currency but you're also going to be getting every month a little something extra too...you're going to become a financial hub in the Middle East...this is Kazemi's and Trumps' work materializing in front of us.. Have a good night everyone ... Be Blessed..! RON
    12 points
  4. CBI News 10/18/2020 The Central Bank comments on the comments to reduce the price of the dinar against the dollar The Central Bank of Iraq confirms that the statements that have spread recently regarding (reducing the exchange rate of the Iraqi dinar against the dollar) represent the viewpoint of those who stated it and do not represent the official position of the Central Bank, and this was accompanied by a number of rumors launched by speculators, which affected the price (temporarily). This bank declares that the exchange rate is fixed and unchanged, and that its monetary policy is clear and transparent. Note that its foreign currency reserves are "very good" according to all international indicators, in a way that enables it to overcome the current crisis that the country is going through. This bank hopes that the media will rely exclusively on the sources of the Central Bank in this regard. The Central Bank of Iraq Media Office October 18, 2020
    10 points
  5. They say Kuwait was the exact same thing ... we’re not revaluing the currency is what they would say and then BAM REVALUATION !!! And also back in the day , everyone would say watch for the smoke screen and bad news of how bad the currency is ..., and then BAM HOPEFULLY A REVALUATION 🤞🏼
    10 points
  6. Trump stated during his campaign ,"We must be paid back for the war in Iraq ". For years the skuttlebutt has been that Trump holds $30,000,000USD worth of dinar . He's also talked about "leveling the playing field " which alludes to gold-backed currency and an international digital system that prevents corruption . I would imagine the countries that meet the stringent Basel 3 requirments would have currencies with greater value .
    9 points
  7. LINK The Central Bank comments on the comments to reduce the price of the dinar against the dollar 18th October, 2020 The Central Bank of Iraq confirms that the statements that have spread recently regarding (lowering the exchange rate of the Iraqi dinar against the dollar) represent the viewpoint of those who stated it and do not represent the official position of the Central Bank, and this was accompanied by a number of rumors released by speculators, which affected the price (temporarily). This bank declares that the exchange rate is fixed and unchanged, and that its monetary policy is clear and transparent. Note that its foreign currency reserves are "very good" according to all international indicators, in a way that enables it to overcome the current crisis that the country is going through. This bank hopes that the media will rely exclusively on the sources of the Central Bank in this regard. The Central Bank of Iraq Media Office October 18, 2020 ########## Central Bank: The dollar’s exchange rate is fixed and our foreign currency reserves are very good LINK ############# The central bank denies reducing the exchange rate of the dinar against the dollar LINK
    8 points
  8. I’m voting for this one to come true soon.
    8 points
  9. Nice to see you my brother 🤙🏽 Agreed🤞🏼 Totally agree.!!! Nice to see you Carrello. Its very interesting that they are putting emphasis on this topic. No doubt about it. We are getting closer. Go RV
    7 points
  10. Shabibi always said he didn’t want any speculation on this currency! BOOM💥💥💥
    7 points
  11. I don't imagine the prime minister and central bank governor are touring to tell of their "immediate collapse." The Central Bank: A high-ranking delegation headed by Al-Kazemi will start a tour that includes France, Germany and Britain by Walter 2020.10.18 - 14:22 Baghdad - People The Central Bank of Iraq announced, on Sunday, a tour to France, Germany and the United Kingdom headed by Prime Minister Mustafa Al-Kazemi. The bank said in a statement that "People" received a copy, (October 18, 2020), that "the Governor of the Central Bank of Iraq, Mustafa Ghaleb, is participating, accompanied by a high-level government delegation headed by the Prime Minister, this Sunday, in a visit to France, Germany and the United Kingdom. ". He added, "The governor is scheduled to meet during the four-day visit with counterparts to discuss a number of common issues, especially removing the name of Iraq from the European Union's high-risk list as well as discussing the development of banking relations and financial investment between Iraq and these countries due to the economic weight they constitute. In Europe and the world. " https://www.nasnews.com/view.php?cat=43010
    7 points
  12. Why would Iraq, the USA, Europe, IMF, World Bank, and the rest of the world allow the collapse of one of the largest energy producing countries and be overrun with despicable regimes? ps I love the articles that are out of Iraq but use perfect English, they are not a translation. Who do you think they are addressing with what objective? "Keeping the doors of corruption wide open in most state institutions, reluctance to curb the corruption of the ruling parties themselves, and not abolishing their economic offices to limit their control over ministries, institutions and vital sectors, will ensure the continued exacerbation of crises and runs risks to the current financial situation, leading the way to a real collapse in a time frame of a few months. The financial and economic collapse will be followed by the collapse of the state of Iraq, and then chaos will prevail. At that juncture no one will be able to restore and control the situation again, except by a miracle that will be difficult to come by."
    7 points
  13. Good evening brother, and yes, I concur with your statement 👍
    7 points
  14. I was deeply moved by watching it, maybe others will be too. I love this man!!!
    6 points
  15. Al-Kazemi arrives in Paris at the start of his European tour 2020.10.18 - 21:44 Baghdad - People Prime Minister Mustafa Al-Kazemi arrived in Paris on Sunday, as part of his scheduled European tour. The official channel stated, in a news reported by "People" (October 18, 2020) that "Prime Minister Mustafa Al-Kazemi arrived in Paris at the beginning of his European tour." Al-Kazemi went to the French capital, Paris. Al-Kazemi's media office stated, in a statement, that "People" received a copy, (October 18, 2020), that “the Prime Minister, Mustafa Al-Kazemi, left this afternoon, the capital, Baghdad, heading to the French capital, Paris, at the start of his European tour. That also includes Britain and Germany. " The statement added that "Al-Kazemi is accompanied, on his European tour, by a high-ranking government delegation that includes a number of ministers and heads of independent bodies." He pointed out that "Al-Kazemi will hold several meetings with senior officials in these three countries, and discuss with them on developing bilateral relations, and ways to enhance joint cooperation between Iraq and their countries in various fields, especially economic, security and health, as well as discuss the latest developments on the regional and international arenas." In turn, Amer Al-Fayez, a member of the Parliament's Foreign Relations Committee, said, "Al-Kazemi's European tour at this time is very important for Iraq, especially given the economic, financial, health and even security crises it faces." Al-Fayez added, in a press statement, that "Iraq cannot overcome these crises, except through international support. That is why Al-Kazemi's visit to the three European countries aims to obtain support in the field of economy and investment, as well as security, military, and even health support, to confront an epidemic." Corona Virus". link
    6 points
  16. COVID is the cover story for the destruction of the old fiat system, making way for the new digital system, where they can track and tax everything globally.
    6 points
  17. Bear with me while I show what Kazemi and Allawi are moving towards to prevent "collapse." Also looks like a large percentage of those unproductive government employees with "salaries" will be let go and can move into the newly created non-government jobs. Minister of Finance: The reform paper will raise the level of production and reduce consumption rates 2020/10/18 09:41 Baghdad / Al-Masalla: Minister of Finance Ali Allawi said, on Sunday, October 18, 2020, that the reform paper identified with a scientific and objective vision the economic and financial problems that have accumulated over decades in the country. Allawi said in a statement received by "The Obelisk" that the reform paper identified with a scientific and objective vision the economic and financial problems that have accumulated over decades, and which were not the product of the current stage due to wrong policies that were tired in the past. He added that these problems and cracks are a real challenge that can be overcome or surpassed by the method of strategic planning based on objective analysis of the reality and extracting strategic goals as urgent priorities to address these problems. And he indicated that the reform paper boldly identified the most important productive, economic and financial sectors, expanding the field of investment and upgrading the private sector in the short term to advance them quickly in support of improving income and creating decent job opportunities, which would reduce unemployment and poverty rates in society. He stressed that it will also work to activate official institutions and civil society organizations to support the wheel of production, raise the level of productivity on which it relies heavily, and reduce consumption rates. Earlier, Minister of Finance Ali Allawi confirmed, on Saturday, October 17, 2020, that there is a growing political will to carry out the fundamental reforms required for the country to address the massive liquidity crisis that has pushed Iraq to the brink of collapse. Allawi said that there is more will now than it was five months ago now, I think there is recognition that unless oil prices rise miraculously, this is something we have to deal with and manage, according to the Associated Press. He added that the reform paper is designed to create a strategic and political framework for a new Iraqi economy. At the end of this period of change and reform, we are supposed to have a restructured and more dynamic economy. This is the aim of it. “The lack of support from major political elites has undermined similar efforts in the past. Al-Kazemi's government continues to rely on parliament approval for the vision to gain momentum. Allawi said that at a later time, aspects of the plan outlined in the paper will be incorporated into the 2021 budget, which will require a vote in Parliament, and government support in the electricity and oil sectors will face special scrutiny. It is noteworthy that Al-Kazemi announced, last June, that his government was preparing a "white paper" that includes expected financial reforms. Obelisk http://almasalah.com/ar/news/199227/%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D9%88%D8%B1%D9%82%D8%A9-%D8%A7%D9%84%D8%A7%D8%B5%D9%84%D8%A7%D8%AD-%D8%B3%D8%AA%D8%B9%D9%85%D9%84-%D8%B9%D9%84%D9%89-%D8%B1%D9%81%D8%B9-%D9%85%D8%B3%D8%AA%D9%88%D9%89-%D8%A7%D9%84%D8%A7%D9%86%D8%AA%D8%A7%D8%AC-%D9%88%D8%AE%D9%81%D8%B6-%D9%85%D8%B9%D8%AF%D9%84%D8%A7%D8%AA-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D9%87%D9%84%D8%A7%D9%83 This free site is ad-supported. Learn more
    6 points
  18. Al-Kazemi leaves for Paris 2020-10-18 08:30 Shafaq News / The Iraqi Prime Minister, Mustafa Al-Kazemi, has left the capital, Baghdad, heading to the French capital, Paris. A statement by Al-Kazemi's office, received by Shafaq News, indicated that "Al-Kazemi is on a European tour that also includes Britain and Germany." He pointed out that "Al-Kazemi will hold several meetings with senior officials in these three countries, and discuss the development of bilateral relations with them." A government source previously reported, to Shafaq News, that Prime Minister Mustafa Al-Kazemi made a European tour at the head of a high-level government delegation. The source told Shafaq News Agency, that the tour includes all of London, Paris and Berlin, during which a number of agreements will be concluded at various levels. Today, Sunday, the German embassy in Baghdad revealed a visit by Iraqi Prime Minister Mustafa Al-Kazemi to Berlin to hold talks with Chancellor Angela Merkel. According to a statement by the embassy, reported to Shafaq News, the meeting comes despite the challenges of Corona's difficult situation in Berlin, but such important meetings are also possible with a good prevention policy. He added that the meeting will be on Tuesday, October 20, 2020, at 10:30, Berlin time. The dialogue will deal with bilateral relations, economic cooperation, fighting the Corona epidemic, the war against ISIS, as well as international and regional issues of common interest. https://shafaq.com/ar/%D8%B3%DB%8C%D8%A7%D8%B3%D8%A9/%D8%A7%D9%84%D9%83%D8%A7%D8%B8%D9%85%D9%8A-%D9%8A%D8%BA%D8%A7%D8%AF%D8%B1-%D9%84%D9%89-%D8%A8%D8%A7%D8%B1%D9%8A%D8%B3
    6 points
  19. They can't wait 3 to 5 years to initiate most of the 'white paper' reforms. It's a good road map, but they need to kick start these reforms immediately. The gov't is surviving month to month right now. The CBI has already said they have 'begun'. Come on guys, float that currency. Let's see where it goes !!
    6 points
  20. I know AM is a very busy man, so I searched his past posts and found his assessment in his July 12th chat. Anyone new to DV or needing a solid refresher on how this could 'possibly' RV and then see IQD value grow should read that. Happy Sunday to all.
    6 points
  21. LINK New statement from the Minister of Finance about the white paper 18th October, 2020 Minister of Finance, Ali Allawi, stressed the importance of the white reform paper to overcome challenges. "The reform paper diagnosed with a scientific and objective vision the economic and financial problems that have accumulated over decades and that were not the product of the current stage due to wrong policies that were tired in the past," Allawi said in a statement, which was received by Mawazine News. He added, "These problems and cracks are a real challenge that can be overcome or surpassed by a strategic planning method based on an objective analysis of the reality and extracting strategic goals as urgent priorities to address these problems." The minister stated that "the reform paper boldly identified the most important productive, economic and financial sectors, expanding the field of investment and upgrading the private sector in the short term to advance them quickly in support of improving income and creating decent job opportunities, which would reduce unemployment and poverty rates in society." Allawi stressed, "It will also work to activate official institutions and civil society organizations to support the wheel of production, raise the level of productivity that is highly reliable, and reduce consumption rates." ######## Minister of Finance: The reform paper identified the economic and financial problems due to the wrong previous policies LINK
    6 points
  22. The Short Answer Is That It Probably Isn’t ! The Longer Answer (Peace In The Region Benefitting The Dinar Not Withstanding - And Not Saying That Sarcastically) Is That I Had Already Started A New ‘Economically Related’ Thread During The Previous Page Of This Thread - Which I Had Thought Was Perhaps Winding Down ! However, Even Though I Only Have Two Active Threads Going At The Moment - Several People Kept Adding To This Thread And Kept It Going ! Special Shout Out To Bro 6ly Who Has Been Slaying It Lately ! I Made That Post At The Top Of The Page Which Ur Referring To As I Was Running Out The Door Early This Morning (West Coast Time) - As It Related To All Of The Iranian Economic Articles Preceding It On The Previous Page... And Fyi - (Don’t Worry - It’s A Punchline) As It Relates To How U ‘Somehow’ Might’ve Missed It While Browsing... All CNN Threads (Or In This Case Both) - Are ‘Must Read DV’ !
    6 points
  23. It may be his press secretary too. She is pretty awesome and God fearing.
    6 points
  24. Hey Shel! Kaperoni used to say watch for installation of huge video screens around Baghdad because instructions for the RV would be announced to the citizens on the video screens. I don't know what happened to the video screens. Maybe they floated away.
    6 points
  25. I had a dream last night. Went to the bank. Met the banker lady. I told her "I need some financial advice. I took a risky investment, that looks like it will pay off.".....first time I had an actual dream about the RV.
    6 points
  26. Uh Oh Bro - Somebody Better Go Rescue The Poor Little ‘Floaty Boy’ Pepperoni After He Sees This One !
    5 points
  27. They're not. The truly sad thing is that the lunatic leftist are falling for the same thing that happened last time. Believing their own polls. And when Trump wins in the biggest landslide in history they will literally loose their minds, riot in the streets and even attempt to bring their terror to the suburbs where they will all die. You're correct, HE'S NOT. Camel Toe Harris will. Biden won't be President for longer that two months before Nancy uses the 25th amendment on him. She's even said that in her own words. That setting up the committee for the 25th amendment has nothing to do with Trump, but was to be prepared in the event that it may be needed in the future.
    5 points
  28. CBI reveals the files that will be discussed in his European visit Sunday 18th October 2020 - 16:37 https://www.ina.iq/eng/9602/cbi-reveals-the-files-that-will-be-discussed-in-his-european-visit Baghdad - INA The Central Bank of Iraq announced today, Sunday, that Governor Mustafa Ghaleb Mekharif will discuss, while accompanying the Prime Minister on his visit to France, Germany and the United Kingdom, removing Iraq from the European Union's high-risk list. A statement issued by the Central Bank, received by the Iraqi News Agency (INA), stated that "terrifying, accompanied by a high-level government delegation headed by the Prime Minister, participated in a visit to France, Germany and the United Kingdom." He added, "It is frightening that he will meet during the four-day visit with counterparts to discuss a number of common issues, especially removing the name of Iraq from the European Union's list of high risks as well as discussing developing banking relations and financial investment between Iraq and these countries; Europe and the World. "
    5 points
  29. Yep....dump the conservative sites......talk about fascism....per usual the left leaners are quilty of exactly what they accuse others of.......Not my opinion. (NMO)..... Just the facts! CL
    5 points
  30. Why is it: When a liberal finds evidence we are all suppose to just sit back and accept it as truth, But when a conservative finds evidence it is a conspiracy, lie, made up, retaliatory. Just asking for a friend.
    5 points
  31. Central Bank: The dollar’s exchange rate is fixed and our foreign currency reserves are good 2020/10/18 11:47 Baghdad / Obelisk: The Central Bank confirmed, Sunday, October 18, 2020, that the exchange rate of the dollar against the Iraqi dinar is fixed and has not changed, indicating that its foreign currency reserves are very good and enable it to overcome the current crisis that the country is going through. The bank said in a statement received by the "obelisk" that the statements that have spread recently regarding the reduction of the Iraqi dinar exchange rate against the dollar represent the viewpoint of those who stated it and do not represent the official position of the Central Bank. This was accompanied by a number of rumors launched by speculators, which temporarily affected the price. . He added that the exchange rate is fixed and has not changed, and that its monetary policy is clear and transparent, noting that its foreign currency reserves are very good according to all international indicators and in a way that enables it to overcome the current crisis that the country is going through. The Central Bank called on the media to exclusively approve the CBE sources in this regard. Obelisk http://almasalah.com/ar/news/199238/%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D8%B3%D8%B9%D8%B1-%D8%B5%D8%B1%D9%81-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%AB%D8%A7%D8%A8%D8%AA-%D9%88%D8%A7%D8%AD%D8%AA%D9%8A%D8%A7%D8%B7%D9%8A%D8%A7%D8%AA%D9%86%D8%A7-%D9%85%D9%86-%D8%A7%D9%84%D8%B9%D9%85%D9%84%D8%A9-%D8%A7%D9%84%D8%A3%D8%AC%D9%86%D8%A8%D9%8A%D8%A9-%D8%AC%D9%8A%D8%AF%D8%A9
    5 points
  32. I honestly don't know who the Chinese guy in this video is. I don't know the youtuber either, but apparently he/she is a Chinese tanslator. I do know the video has almost 300,000 views since it was posted Sept 24, which tells me a lot of people are interested in it. It is in Chinese with English subtitles. Sometimes the titles go by fast, so you may want to slow down the playback speed down to .75. He talks about 3 hard drives that some people in the Chinese government who apparently would like to take down the CCP (Chinese Communist Party), gave to the Trump administration last month. Interestingly, the first hard drive seems to corroborate the sex and pedo stuff, along with Biden-China deal information, that was found on Hunter's laptop that was only just reported about this past week. Also interesting is that the second hard drive is about Xi Jinping's assets and the third is about a bioweapon which I assume is Covid. According to this guy, he thinks this may actually take down the CCP. On a side note, he says copies of the 3 drives were also given to Nancy Pelosi by the CCP to remind her and the other corrupt politicians that China owns them and that they better make sure Biden wins the election. This could explain why Nancy is particularly crazy lately. But if Trump wins in a big landslide which I think he will, it will be hard for the Dems to try and forge enough ballots in time to overturn his victory and that could cause a world of hurt for the crooked politicians (probably mostly Dems, but no doubt also some republicans) and hopefully topple Xi Jinping and the CCP, too. However, as I said, I know nothing about who this guy, so I almost hesitate to post it. Still, some of what he says does match other things that I know to be true, and that makes me think the other things he's talking about might be true as well. In any event, I like to hope it's true because I pray every day for Trump to drain the swamp and get rid of the corrupt and unjust people in government and also for Xi Jinping to lose power and for the CCP to collapse so I'm happy to learn of a potential plan that might actually make that happen soon. Sept.24th Lude's broadcast: 3 hard drives.Jiang Zemin, Zeng Qinghong, Meng Jianzhu made the move - provided 3 hard drives to the DOJ of America, and another copy to Nancy Pelosi. However, with the help from our fellow fighter, these hard drives reached the hands of President Trump.The 1st hard drive: sex tapes & pedo tapes of Hunter Biden, as well as his 4.5 billion dollars secret deal with Xi & Wang;The 2nd hard drive: the allocation of Xi & Wang's overseas wealth, and 'the architecture & art project', which is the information of their illegitimate children;The 3rd hard drive: CCP's bioweapon
    5 points
  33. Allawi: The reform paper is a framework for a new Iraqi economy .. And the massive liquidity crisis is pushing it to the brink of collapse Baghdad / Obelisk: The Minister of Finance, Ali Allawi, confirmed, on Saturday, October 17, 2020, that there is an increasing political will to conduct the fundamental reforms required for the country to address the massive liquidity crisis that has pushed Iraq to the brink of collapse. Allawi said that there is more will now than it was five months ago now, I think there is recognition that unless oil prices rise miraculously, this is something we have to deal with and manage, according to the Associated Press. He added that the reform paper is designed to create a strategic and political framework for a new Iraqi economy. At the end of this period of change and reform, we are supposed to have a restructured and more dynamic economy. This is the aim of it. “The lack of support from major political elites has undermined similar efforts in the past. The Kazemi government continues to rely on parliament approval for the vision to gain momentum. Allawi said that at a later time, aspects of the plan outlined in the paper will be incorporated into the 2021 budget, which will require a vote in Parliament. Government support in the electricity and oil sectors will face special scrutiny. He explained: Part of the public sector financial problem is the huge size of subsidies, and we intend to address this issue directly in the 2021 budget. But the public debate focused on the white paper that aims to reduce public wages from 25 percent of GDP to 12 percent. "I have said many times before, that the share of oil revenues allocated to salaries in 2004 was 20 percent, and now it is 120 percent," he stressed, stressing that this is clearly not sustainable. Allawi said of the draft law, I hope that parliament will approve it, if this does not happen, we have the possibility of other alternatives, but it will be more difficult, and Iraq's hard currency reserves are $ 53 billion. https://almasalah.com/ar/news/199195/%D8%B9%D9%84%D8%A7%D9%88%D9%8A--%D9%88%D8%B1%D9%82%D8%A9-%D8%A7%D9%84%D8%A7%D8%B5%D9%84%D8%A7%D8%AD--%D8%A5%D8%B7%D8%A7%D8%B1-%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF-%D8%B9%D8%B1%D8%A7%D9%82%D9%8A-%D8%AC%D8%AF%D9%8A%D8%AF-%D9%88%D8%A3%D8%B2%D9%85%D8%A9-%D8%A7%D9%84%D8%B3%D9%8A%D9%88%D9%84%D8%A9-%D8%A7%D9%84%D9%87%D8%A7%D8%A6%D9%84%D8%A9-%D8%AA%D8%AF%D9%81%D8%B9-%D8%A5%D9%84%D9%89-%D8%AD%D8%A7%D9%81%D8%A9-%D8%A7%D9%84%D8%A7%D9%86%D9%87%D9%8A%D8%A7%D8%B1 This free site is ad-supported. Learn more
    5 points
  34. Fyi - The Laughing ‘Up Votes’ () - That Both 3n1 And Screwball Received Immediately Above Are ‘Clown Pluses’ And Are Not Mocking What They Said ! This Time ... Although Poor Screwball (Living Down-Under) - Might’ve Looked At It And Thought That He Had Received A Frown !
    5 points
  35. This Is The LATEST 2020 Election Map ....by Kevin McCullough.
    5 points
  36. Don't believe so. Kim prophesied specifics, not generalities. I think you might be right.
    5 points
  37. The White Paper ... Radical reforms to a rentier economy Sunday 18 October 2020 Baghdad: Hussein Faleh Economists believe that the white paper presented by the government includes radical reforms to the rentier economy, noting that it has defined a clear economic vision for the government to move towards activating the productive sectors, diversifying the country's non-oil resources and achieving sustainable development, while they called for adding some proposals that would maximize the state’s financial resources. Economist Safwan Qusay said in a statement to "Al-Sabah": "The process of having a white paper that can be discussed by various parties at the academic level and political parties opens the way for putting touches on this paper." Adopting a new financing approach He added that "the paper is based on the transfer of the Iraqi economy from government funding to thinking of financing through banks and money markets in the sense of adopting economic development on a new approach to financing, which is moving savings towards Iraqi banks." And then he continued: "And then refinancing the private sector in order to be the leader." , As well as liberating part of the idle capital at the level of federal ministries, "noting that" some ministries have losing companies. These companies can be sold through the capital markets and move part of the government capital, and thus there will be new revenues for the Ministry of Finance. " "The long view of this paper is that it tries to reduce government spending or support towards the Ministry of Industry or the Ministry of Agriculture, as there are salaries in some of the departments of these ministries paid by the Ministry of Finance while these ministries are supposed to be financially independent," indicating that "In practice, there is a gradual reduction of funding at the level of 30 percent annually until these ministries are financially independent. " Smart exchange rate setting Qusay stressed that "the paper needs to be a tool to move the Iraqi economy, in addition to the outlets for selling the currency. It is possible to review the exchange rate," calling for adding some proposals on the paper to mature it, such as determining an intelligent exchange rate that distinguishes between the type of imported goods. He added that "there are consumer goods that are supposed to not sell the dollar at the official price, that is, at the level of 1182, for investment activity or the purchase of goods that could create job opportunities inside Iraq, but without that it is more than an exchange rate depending on the type of imported goods." He pointed out that "the process of raising the exchange rate will make there are quick revenues that will flow to the central bank and through which the deficit can be reduced, in addition to the issue of the upper limit of salaries at the level of all groups, in addition to what is included in the issue of salary scale justice and this needs legislation." "The paper is called the white paper. If the Iraqi parliament has a change in its course in another direction, there is nothing wrong with that, but in practice, the partnership between the government and parliament in changing the course of public spending and searching for new resources is the inevitable approach, because Iraq now has no choice not to pass this paper." He went on to say that "the maturity of the paper is fine, but disabling it means that Iraq will continue to be deficient in financing salaries and social welfare items, because otherwise we will resort to monetary reserves and the economic disasters resulting from this issue." link
    5 points
  38. NOTHING HAS CHANGED. Fear not. 1:1 minimum.
    5 points
  39. Good Evening Dinar Vets, here's a few opinions & comments that might be of interest to you. 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. RON *** Kaperoni Shabibi maintained IMF compliance (2% stability) from late 2011 throughout 2012 prior to announcing his intentions. Currently, under the new governor the spread is now close to 5%. Meeting exchange rate stability is a prerequisite to acceptance into IMF Article VIII. As we have stated before, once in compliance (2% or less) they must maintain it for at least 90 days. Ali al-Alaq maintained stability and the 2% compliance as well for 16 to 18 months and never made the move to Article VIII. Which I assume is part of the reason why he was replaced recently. *** StephenMac63 If they RI at 1 to 1...the iqd is already in use inside of the country, what they are looking for is a better value than 1190 it's sitting at now. CBI said the value will be 1 QD will equal 1 USD. That's for the inside of the country. The Reinstatement...thats for Iraq to have bragging rights to the world. This will be seen on Forex, CBI website, and at your local bank. If Iraq was reintroduced to the world at a rate of 1 USD per 1 IQD, what would happen? Yes, many of the Dinarians will jump off the train and head-on with their lives. CBI is expecting that in any case. But more importantly, there were several laws that were put into place...and this allowed them to be International...of which has more value than being under sanctions, therefore, it's highly probable that we won't ever see 1 to 1. Iraq will always see, in-country, that 1 USD is 1 IQD. But it's the value that counts...(post 1 of 3)... *** StephenMac63 Once it's International and if it came out at 1 to 1, Forex would get a hold of this, and the currency market would be in a flurry. The only reason Forex would get a hold of it is because it would be international. With that labeling comes Laws, that offers protection to both Iraq and to International investors. As an International Investor, you would want International protection... and this is offered with the laws. What kind of International Investor would purchase large amounts of IQD once it's International? Hedge Fund Firms...if they see that the IQD is at 1 USD and comes with legal protection, you can bet they would try and buy every single IQD possible because once it hit $4 per IQD (speculative), they would have made 3 dollars profit on a 1 dollar investment...(post 2 of 3)... *** StephenMac63 It is, for this reason, I do not see 1 IQD be 1 USD on Forex. I expect more. Yes, it will fluctuate at some point but everyone has to decide how long they want to be in it for. Liberal Hedge Fund firms will take a chance on getting involved with something speculative in hopes of striking it rich. Conservative firms will generally stick with a tried and true process, but they don't make as much, per se. My guess, with the number of people that hold the IQD at this moment, 80+/- percent will exchange at a dollar (if it's even available at that upon entering the International arena)...and it wont take two weeks, probably more like 1 week. OK, more like 4 days max. The other 20 percent will probably exchange a note, set themselves up, pay off bills and start their plan while they wait and watch...just a guess...Imo, of course. ..(post 3 of 3)... *** Frank26 ...who controls the oil and the gas sales in Iraq? Well now it's a partnership...it was established because of what Kazemi did that he was told to do by Donald Trump. And that's just gas and oil. Wait till you hear the rest of the minerals...this will stop all the corruption in the oil industry of Iraq...Isn't that wonderful. Let me see, 'Kazemi go back home and get rid of Iranian influence before you raise the value of your currency...' That's why you wanted the HCL...because it requires a new rate. This will stop all corruption in the oil and gas industry of Iraq and Iran you lose. *** MilitiaMan Article: "The government intends to apply income tax to salaries and allowances, starting from the current month" ...there are many things showing up that equate to more pressure. This would be one of them...Putting taxes on them without Purchasing Power? That will not fly...imo!
    5 points
  40. I’m thinking ‘she’ might be Ivanka—his daughter Blowing liberal minds for decades to come lol
    5 points


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