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Showing content with the highest reputation on 03/06/2024 in all areas

  1. Hang on now: whaddya mean injecting logic, reason & common sense into this. Step back mister, you'd better have a long talk with yourself and come to your "senses". There's a fine line between sanity & madness and your on that cliff edge. 20 years riding this rodeo leads to psychological whiplash & possibly brain damage. Initial signs are random blackouts and uncontrollable fits of hysterical laughter or flatulence. It's too late for me but you can save yourself!!!😆
    10 points
  2. 8 points
  3. I suggest we wait for the WTO to announce the entry of Iraq into a full membership of WTO before we pop the cork. I recall many times in the past when different Iraqi individuals made statements which sounded wonderful but nothing came to fruition. Just my thought.
    8 points
  4. 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 [Colorado Bank Story] I called my bank [Well Fargo] and had a conversation with someone over the phone and they treated me like I just came out of a cave - 'No. There's no way. No we don't handle [dinar].' All that negative talk that everybody's getting. Then today I asked to speak to the bank manager for other purposes but while I have you on the phone, lets [try again]. He [says] yes I'm very aware. Clare Article 1: "Al-Muslimawy: There is a policy to reduce the dollar exchange rate and control it in Iraqi markets" Article 2: "A government advisor to Al-Ghad Press: Dollar prices in the markets will gradually decline" Sandy Ingram In 2023 Vietnam recorded approximately $28.5 billion US in tourism revenue...Iraq has the ability to generate this same amount or more each year due to the historic landmarks and religious hot-spots in the country. All Iraq has to do is implement safety for tourists. Egypt generated $10.7 billion in tourism in 2022 and $13.1 billion in 2023...Iraq is the birthplace of the top three religions in the world today - Judaism, Christianity and the Muslim faith. There are important landmarks within Iraq for all three of these religions, including the ancient city of Babylon. MarkZ ...still getting plenty of chatter from groups that they are waiting for the shoe to drop…everybody is at the edge of their seats. Walkingstick Question: "Why is the IQD the only currency increasing in value that we're seeing on Forex? It's taking off like a rocket." The investors. They're not stupid. They know. The investors smell the security and stability. But the real reason they have security and stability is because they have a new rate. The IQD is NOT on FOREX. It all started with the contrived website forexlive.com... Pimpy Question: "Why would [Iraq] let anyone benefit from this?" Why wouldn't they? It's the Iraqi people that really need to benefit from this...It's not their fault their leaders are all wack-a-doodles... There's enough resources in Iraq where they should be living pretty dang good over there. Increasing the exchange rate and giving them more purchasing power would definitely change their quality of life...Once Iraq can get their crap together and it looks like they're there - No more sanctions, get into the World Trade Organization, get back on the Swift system...Forex, finish the Port of Faw, finish with the Development Road Project, all those things are going to bring a lot of money into Iraq and their currency is only going to get stronger.
    7 points
  5. “This growth reflects an increase in public confidence in Iraqi private banks and the ability of private sector banks to acquire part of the monetary mass issued outside the banking system” “The increase in the volume of deposits in the private banking sector will contribute to strengthening the wheel of economic growth through the tendency of these banks to invest deposit funds in beneficial economic projects through which they can achieve profits to cover the interest paid on these deposits” - Increase public confidence in Iraqi private banks - Increase financial inclusion - Increase in volume of deposits and capital - Acquire part of the monetary mass outside the banking system ( Chunky Cash) More than 9.25 trillion of chunky cash back into the banking system They are reducing the monetary mass. Go delete of 000 Go Lower denomination notes Go Stronger dinar Go purchasing power
    7 points
  6. URGENT READS: Here's some articles of Dinarian interests... GOI: Real & serious work to strengthen the Iraqi Dinar," USD ER crisis in Iraq is mafia controlled. Treat as a rumors. Not verified. Your opine. FROM OTHER SOUCES: Comment From Parliament On The Dollar ER: Do Not Listen To The Losers. ARTICLE: The Parliamentary Finance Committee confirmed that the Dollar is controlled by the relevant government agencies, calling for not taking into account the rumors of losing & corrupt parties. Committee member Moin Al-Kazemi told “Baghdad Today” that “there are some politically losing parties & personalities who have major suspicions of corruption, working to continue spreading rumors that the government is not in control of the Dollar market & the Iraqi Dinar is declining, for the purpose of political influence as well as influencing the market". Al-Kadhimi added, "The government is currently in complete control of the Dollar in all its transactions & there Is Real & Serious Work To Strengthen The Iraqi Dinar," stressing that "everyone is required not to take into account the rumors of losing & corrupt parties, as they do not want economic stability, to achieve their suspicious agendas." FROM OTHER SOURCES: Trade: We Are Close To Joining The World Trade Organization. ARTICLE: Al-Sabah Undersecretary of the Minister of Commerce, Sattar Al-Jabri, said yesterday, Tuesday, that the issue of Iraq’s accession to the WTO is imminent, while he affirmed the current federal government’s efforts to achieve self-sufficiency & not depend on the importer. Al-Jabri said that the governmental curriculum developed by the Iraqi government is based on a strategy to keep pace with the development taking place in the global economy, as the government signed bilateral international memorandums of understanding in the field of trade & economics. He stressed that "Iraq is seeking to enter the WTO & the issue is coming soon." The Iraqi government official spoke about the issue of import & export, saying: There is no trade balance between exported & imported materials, as the monetary mass was going to other countries & this is what the government is seeking to address. Current by relying on self-sufficiency. At the beginning of 2024, the Kingdom of Saudi Arabia announced its support for Iraq’s accession to the WTO, especially after the political obstacles that prevented it were removed. FROM OTHER SOURCES: The “Black Dollar” Is Protected By Influential Political Parties That Obstruct Economic Reforms. ARTICLE: Economic expert Ahmed Al-Tamimi confirmed today, that the Dollar crisis in Iraq is behind corruption mafias, with political protection from some influential people & entities that are trying to obstruct economic reforms. Al-Tamimi told "Baghdad Today", "The politically protected corruption mafias were the primary beneficiaries of the Dollar crisis & they worked to exacerbate this crisis for their own interests and gains. They are also currently working to obstruct any government reforms in the financial & economic sector." He added, "These mafias have political protection from some influential people & parties & these parties work politically to create problems so that any government efforts that want reform fail. This is why we see that the Dollar crisis is still continuing & ongoing despite all government steps. The parallel market is still witnessing a significant increase." at the official price. Exchange rates have not stabilized for nearly two years, despite many measures taken by the government in an attempt to control it, all of which failed, due to the existence of political “protection” for the Black Dollar, according to observers. Member of the Parliamentary Finance Committee, Mudar Al-Karawi, confirmed on Tuesday, that the government has achieved good success in containing the most dangerous Iraqi economic files represented by reducing the value of Black Dollar prices & limiting its rise again.
    6 points
  7. Hmm. Only one month. Hopefully because of a rate change. Doesn’t make sense to stop compensating Iraqis when they need it especially during Ramadan.
    6 points
  8. Me too @3n1!! I’m going to need to take up new hobby with all my free time not having to follow these people!
    6 points
  9. Undersecretary of the Minister of Commerce, Sattar Al-Jabri, considered on Tuesday that the issue of Iraq’s accession to the World Trade Organization was imminent, while he stressed that the current federal government would achieve self-sufficiency and not depend on the importer Go Iraq Go WTO Go Open market economy Go trade Go economic growth Go Stronger dinar
    6 points
  10. Three government banks and the Retirement Authority announce the postponement of payment of monthly advance installments EconomyBreakingRafidain BankPredecessorInstallments 2024-03-05 11:06 Share Font Shafaq News/ The administrations of the Rafidain, Rasheed and Agricultural Banks, which are the National Retirement Banks, decided on Tuesday to postpone the payment of monthly advance installments for only one month. The administrations of Al-Rafidain and Al-Rasheed Banks said in two separate statements, in response to Shafaq News Agency, that they had decided to “postpone the collection of the monthly installments of advances from civilian and military employees for the holy month of Ramadan (for one month and only).” According to the two statements, the decision comes “based on the directives of the Prime Minister and the Minister of Finance, and the approaching month of Ramadan.” The Agricultural Bank media also reported, in a statement received by Shafaq News Agency, that the payment of installments of loans and advances granted by the Agricultural Bank for the month of Ramadan has been postponed. In turn, the National Retirement Authority announced, in a statement received by Shafaq News Agency, the postponement of the monthly installments for civilian and military retirees for the month of Ramadan, for one month only. https://www.shafaq.com/ar/اقتصـاد/مصرف-الرافدين-يعلن-ت-جيل-استيفا-قساط-السلف-الشهرية-لشهر-واحد Related News
    5 points
  11. Official: The issue of Iraq’s accession to the World Trade Organization is coming soon EconomyIraqWTOPursuitJoin 2024-03-05 // 00:37 Shafaq News / Undersecretary of the Minister of Commerce, Sattar Al-Jabri, considered on Tuesday that the issue of Iraq’s accession to the World Trade Organization was imminent, while he stressed that the current federal government would achieve self-sufficiency and not depend on the importer. This came during his hosting of a discussion session on the sidelines of the seventh session of the activities of the third day of the Al-Rafidain Forum 2024 - Baghdad, under the title “Humanizing the Global Economy.” Al-Jabri said during the hosting that the governmental curriculum developed by the Iraqi government is based on a strategy to keep pace with the development taking place in the global economy, as the government signed bilateral international memorandums of understanding in the field of trade and economics. He stressed that "Iraq is seeking to enter the World Trade Organization, and the issue is coming soon." The Iraqi government official spoke about the issue of import and export, saying: There is no trade balance between exported and imported materials, as the monetary mass was going to other countries, and this is what the current government seeks to address by relying on self-sufficiency. At the beginning of 2024, the Kingdom of Saudi Arabia announced its support for Iraq’s accession to the World Trade Organization, especially after the political obstacles that prevented it were removed. https://www.shafaq.com/ar/اقتصـاد/مس-ول-موضوع-انضمام-العراق-الى-منظمة-التجارة-العالمية-بات-قريبا
    5 points
  12. Well I think it's a safe bet that IF nothing happens with the dinar this month, we are SOL for '24.
    5 points
  13. Next year...now does that mean next as in THIS year or next as in NEXT YEAR .. enquiring minds DEMAND an answer. Good luck getting that reply. As we say in the Cavalry - prepare to standby 😆
    5 points
  14. yes. the little 3 day holiday Eid Al Fitr they celebrate right after Ramadan would be a perfect RV gift for their citizens....and us....:)
    5 points
  15. Yep…justified thinking….the wto is all about controlling currency and manipulating exchange rates in trade….so what does this mean for Iraq…I don’t know, but I like 3.22, “keep your dinar” and the word “lofty” is all I care about!
    5 points
  16. I was wrong - forexlive.com is a real valid site, but the IQD is NOT shown on it as far as I can determine. When I type in IQD it say, "No matching results found"...!
    5 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 IQD on Forex is on the private side. [Found by Forex Girl] 1. www.Forexlive.com 2. Click Live Charts. This is free but there is a private side. We can at least get a little example. 3. Click EURUSD in the top left of the chart. 4. Delete EURUSD in the top left box and type in USD/IQD. Wow! Oh, my goodness...The Iraqi dinar is going through a phase where it's being traded internationally on a private side of Forex. It is live. In December it was trading about $2.40 to $2.50. In January it was trading at about $2.60. Last month it was about $2.63 or so. Sunday it was $2.70...IMO this is a trend that is going towards the reinstate phase of the Monetary reform to reach the $3.22 that it was. Pimpy I'm sure you've heard the great news by now, the IQD is on the "private side" of the Forex...This sounds like some great news don't you think? ...I'm grateful to do all the research for you so you don't have to...There is no "private side" of Forex. None. The Forex is open to all participants who have access to the necessary trading platforms and infrastructure...There is no "private side" of the Forex... Deepwoodz [Response to Frank's post above] The listing USD/IQD = 2.81 would mean $1 = 2.81 dinar. Not the other way around. Even if this is true, definitely an improvement worthy of praise. If you want to see the value of the dinar, simply list it the other direction. i.e….IQD/USD. Which equals .355. 1 dinar =0.35$ [NOTE: To see the dinar at different possible rates use a Dinar calculator.] NOTE: www.Forexlive.com is NOT a FOREX site. It's a site contrived by someone to present false (Hopeful) information. RON
    5 points
  18. If some people recall many years ago I was taken hostage by a patient and so badly beaten I ended up in hospital for a time. I also had to wear a body brace when I got out of hospital. My joints are now so painful because of that beating and long covid on top of it. We are all waiting just to get on with the lives we really want to live. Some to just retire and be debt free . Others will do good for their communities and others. I would like to set up a social housing project , help our homeless veterans and the homeless in general. None of that can happen until the dinar decides to return to fore at a strong rate. However, before I do any of that I will look after me and mi e cause although charitable deeds are good ... remember charity begins at home first.
    5 points
  19. Great news and hope so since Iraq will not be allowed to join until they have a true international tradeable currency!!
    5 points
  20. Iraq confirms completion of requirements to join World Trade Organisation https://thearabweekly.com/iraq-confirms-completion-requirements-join-world-trade-organisation WTO membership opens up markets by reducing trade barriers, enjoying lower tariffs and fewer restrictions, leading to increased export opportunities. Tuesday 05/03/2024 The World Trade Organisation (WTO) headquarters in Geneva. (AFP) ABU DHABI – Iraqi Minister of Trade Atheer al-Ghurairi said that Iraq had fulfilled the conditions necessary to become a member of the World Trade Organisation following the completion of economic reforms and the enhancement of its investment climate. Iraq submitted a request to join in 2004. The Iraqi minister was speaking during the WTO’s 13th Ministerial Conference held in the Emirati capital, Abu Dhabi. Shwan Ibrahim Taha, an expert in Iraq’s finance and investments affairs, said: “Iraq business needs to make substantial reforms and changes to boost its private sector that still lags behind giving the opportunities and resources available in the country.” “To comply with WTO rules, Iraq has to align their trade policies with international standards. This process not only enhances the efficiency of domestic industries but also attracts foreign investments, as investors are more confident in transparent and consistent regulatory environments, something Iraq SME’s disparately needs,” Taha added. WTO membership promotes transparency and predictability in trade relations. The organisation provides a rules-based system that ensures fair competition. By adhering to established trade norms, countries can resolve disputes through the WTO’s dispute settlement mechanism, ensuring a level playing field for all members. Furthermore, the WTO promotes development by addressing the concerns of developing nations. Special and differential treatment provisions recognise the developmental needs of these countries, allowing them more time and flexibility to comply with WTO agreements. This inclusivity aims to bridge the economic gap between developed and developing nations. Joining WTO offers a multitude of benefits for member countries, fostering economic growth, stability and global integration. WTO membership opens up markets by reducing trade barriers, enjoying lower tariffs and fewer restrictions, leading to increased export opportunities.
    5 points
  21. I have hobbies but ammos is expensive these days!!! 🤣 Even added another pew pew to my collection.
    4 points
  22. my concerns rest in the fact that china is a WTO full member and manipulate their currency keeping it low and undervalued to gain an advantage in trade and the IMF,World Bank and WTO rules have little strength or teeth to challenge them to have their currency in its actual exchange rate place ... just thinking out loud is all , so ready to stop thinking about iraq .
    4 points
  23. Here's an MZ update...just for entertainment value while we wait & wait... -We won't get out of November without this RV. -We won't get out of December without this RV. -We won't get out of January without this RV. -We won't get out of February without this RV. -We won't get out of March without this RV. MarkZ Update- Some highlights by PDK-Not verbatim. THREAD: Member: Happy Super Tuesday to everyone. Member: Still hearing good chatter from your folks, Mark? MZ: There is constant chatter. Their expectations & preparations are overwhelming. We are all just watching & waiting for the “Go” buzzer to sound. Its hard on your nerves if you ride the roller coaster. MZ: Bond folks are still expecting to soon receive 1% of their money. Member: Rumor is IQD trading at 2.76 on Forex this morning. Member: IF Iraq is officially in the WTO & IF the IQD is beginning the forex float… things are getting exciting. Member: Dinar is supposedly visible on the FOREX on the commodity side. Trading btw $2.80-$2.90. MZ: Last time I checked early this morning…it was about $2.80. You cannot exchange at that yet but it does show things are changing & something is cooking. Member: I would exchange at that in a heartbeat! Member: Mark, don't we still need a gold standard & European (MICA) stablecoin & cryptocurrency legislation before any RV? MZ: Stablecoin ect should come with the reset….We shouldn’t need the legislation before. MZ: “Iraq confirms it has completed the requirements to join the WTO.” They have completed the requirements which leads us to a Nader video today. Member: Mark, are you thinking by the Ides of March too??? MZ: We won't get out of March without this RV. Member: will the Indonesian Rupiah go at the same time as the rest? MZ: I still expect the Rupiah to go the same time as the Dinar & Dong…. MZ: And here is the Russian CBDC (scary words and depending on how it is used & if its backed by anything) But this particular CBDC that Russia has already rolled out is partially asset backed. The roll out is going well & is working with a crypto currency ledger so they cannon create more. MZ: “BRICS announces now blockchain based crypto payment system” This is based on the Russian system …they are moving forward quickly & believe it will help them De-Dollarize. There would be no cross border issues. MZ: “ US targets Zimbabwe leadership in sanctions revamp” they are only sanctioning a few of the leaders instead of the entire government. But is should result in an easing of sanctions that had been put on Zimbabwe & unfetter their economy. Should be good for us. Member: I am sick of the US butting into the business of other countries……the world is sick of it too! Member: After the RV goes. How long does we have to exchange? Member: Last we heard it was 10 days to make appointments & at least 30 days to exchange. Member: I have watched over the last last 2 years the slow change in the banks WF & CITI.. The remodeling, the advisor signs, the outside machines, the recent employee changes, etc... Member: I’ve notice banks in my area are putting up wealth management signs on their banks & we have a new Chase bank open in November 23. Member: Many reports that facebook is down today. Member: Phil just confirmed both FBI & Instagram are down, too. Member: Several platforms are down according to Downdetector! Looks like it may have been a cyber attack? Member: Easter Sunday is March 31st this year….St. Germaine Trust opening then??? Member: April 8th is the SOLAR ECLIPSE!!! Member: Whatever day the RV happens will be my families new holiday I will celebrate every year…lol…. Member: Mark, Thank you for ALL you do for us! And mods too! Member: see you all later have a blessed day. MZ: He talks about the ascension to the world trade organization is IMMINENT! MZ: They a good recap from MilitiaMan & somewhere around the 6 minute mark he talks about an easy way to describe the “drop the 3 zero thing” & how over the weekend the Iraqi minister is stressing that the Dinar will soon be stronger than the USD….just like Sudani had promised. MZ: Be sure to go watch & share their videos.
    4 points
  24. What are the real reasons behind the government's delay in sending the 2024 budget schedules? Posted 14 seconds ago What are the real reasons behind the government's delay in sending the 2024 budget tables? - Iraq News (iraqakhbar-com.translate.goog) News source /Noon Agency With the mounting criticism and calls to speed up sending the current year's budget to Parliament, ambiguity still surrounds the government's delay in sending the budget schedules, despite Finance Minister Taif Sami's pledge to complete the schedules and send them soon to the Council for approval. After demanding Parliamentary Finance, yesterday, Monday, to reveal the reasons for the delay behind the government's failure to send the budget schedules, Deputy Chairman of the Parliamentary Planning Committee, Muhammad Al-Baldawi, revealed today, Tuesday, the real reasons behind the delay in the government sending amendments to the current year's budget schedules to the House of Representatives for the purpose of approval. Al-Baldawi said, "The delay in sending amendments to the 2024 budget schedules to Parliament is due to several reasons, including the ministries not completing their plans regarding the lagging projects, as the government is working to close this file, as well as the difference in prices and currency values," according to Al-Alam Al-Jadeed newspaper. He added, "Among those reasons relates to the schedules and amounts allocated to the Kurdistan region of Iraq, especially after the recent decisions issued by the Federal Court that obligated the government to do so," noting that "most of these reasons and obstacles have been overcome by the government and will be sent to Parliament very soon." Members of the House of Representatives criticized the government's delay in sending the revised 2024 budget tables for study and approval, despite the facilities it enjoys as part of a three-year "tripartite budget" that only needs some amendments in the numbers of the exchange and revenue sections, adding that violating the legal timings regarding the "budget" and even others has become a "custom" in the country. Jamal Kojar, a member of the parliamentary finance committee, confirmed on January 2 that the 2024 budget will witness changes in its operational and investment aspects, indicating that many changes will be made in it and it will be something different in terms of resources, oil price estimates and exchanges. The exchange rates of the dollar in the local market have fluctuated greatly during the past months, as they suddenly fell to 148 thousand dinars per 100 dollars, and quickly rose again to 160 thousand dinars, and then continued to fluctuate until today, reaching 151 thousand. dinars per 100 dollars, after its price nearly two weeks ago was about 153 thousand dinars. From time to time, the Iraqi market is witnessing a crisis that leads to a rise in prices, which began with the change in the exchange rate of the dollar, and then the Russian-Ukrainian crisis, and the rise of the dollar again during the current year to record levels. It is noteworthy that the draft budget law for the current year, worth 197 trillion and 828 billion dinars (about 152.2 billion dollars), with a total deficit of 63 trillion dinars (48.3 billion dollars), while in the budget for the next two years The numbers will change, according to events at the time. The dollar exchange rate in the budget amounted to 1,300 dinars per dollar, and the budget was based on an oil price of $70 per barrel and expectations of exporting 3.5 million barrels of oil per day, including 400,000 barrels per day from the Kurdistan region. The three-year budget version included many articles on external borrowing, including continuing to borrow according to previous agreements, as well as new borrowing from international institutions and various governments, and some borrowing amounted to more than $3,000 billion. It is noteworthy that this tripartite budget, as a result of the value of very high salaries, due to the new appointments, led to a significant reduction in the budget investment, and according to economists that this will force the state to borrow.
    3 points
  25. 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 all know this, the Iraqi dinar is not a scam itself. The Iraqi dinar is legitimate but there are people out there that use Iraqi dinar to pull off scams. Frank26 I told you a long time ago, the IMF said to the world, Iraq is in the process of adding value to their currency. You can look it up on the IMF website. How come they don't say that about any other currency in the world? Article: "The International Monetary Fund promises to support the digital transformation in Iraq" The digital transformation is what's going to allow the Iraqi dinar to float in the basket internationally. Mnt Goat Article: "OFFICIAL: THE ISSUE OF IRAQ’S ACCESSION TO THE WORLD TRADE ORGANIZATION IS COMING SOON" Quotes: "the issue of Iraq’s accession to the World Trade Organization was imminent,"; "Iraq is seeking to enter the World Trade Organization, and the issue is coming soon."
    3 points
  26. ASYCUDA - ready to go - need a rate - WTO entry imminent - need a rate - budget implementation- need a rate
    3 points
  27. The check is in the mail. Patiently watch & wait for the mailman.
    3 points
  28. I agree i stopped writing cheques to me they keep bouncing nsf
    3 points
  29. Super Tuesday Mega million numbers 02/09/25/50/60---16 pokerplayer 12/13/48/59/61---19 jeepguy
    3 points
  30. MM 10 28 44 48 58 MB 18 PB 03 45 46 48 55 PB 03
    3 points
  31. MM 03/05/24 12 15 19 56 62 MB 04 PB 03/06/24 04 44 58 59 61 PB 23
    3 points
  32. Mega millions 03/05/24 18 37 38 49 52 MB 22 Powerball 03/06/24 01 10 17 59 61 PB 11
    3 points
  33. Hope it is true cause I really don't mind 1 dinar=0.35$. I will definitely cash out.
    3 points


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