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Showing content with the highest reputation on 02/04/2025 in all areas

  1. 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 2-3-2025 Fnu Lnu The Dinar is now getting International attention. I was just on a conference call with a very small group of arbitrage experts based in Singapore. Imagine my surprise when the call mentioned Dinar and the second part of the call was about the Dinar. The good news? The moderator said the RV was completed, which many of us have believed but couldn't prove. The final steps of the RV are contingent upon the completion of the "Financial Integrity and Cross-Border Payments" training program. [Post 1 of 3] 2-3-2025 Fnu Lnu The "Institute for Financial Integrity" (IFI) based in Washington DC, has announced an initiative aimed at enhancing Iraq's banking systems...in collaboration with the CBI and K2 Integrity, will provide training to the NBI (National Bank of Iraq). This will be a huge boost for the banking sector, provide essential training, and drive value. This training is vital to insure to the investing world, that Iraq is up to International standards. Though the RV is completed, this last important step is what is causing, what we perceive, as a delay. It is no delay at all. It is about how to distribute the funding. This also signals that we are now so close you can just smell the greenbacks as they are distributed, cross borders, to eagerly awaiting American Dinar investors. [Post 2 of 3] 2-3-2025 Fnu Lnu This call was so information dense that I will have to listen to it several more times to digest all of the content. The function of revaluing the currency is completed. The rate is decided. All the numbers are calculated. What is left to do is to be trained on the physical task of properly distributing it. Crossing the T's and dotting the I's...We are so close now it is crazy. This training can be done in a matter of days. This is why the UST and others are in Iraq right now. This is all brand new ground and you are on the inside of this knowledge. [Post 3 of 3] 2-3-2025 MarkZ We were told after the HCL was complete – to expect the RV in a matter of days. A big roadblock to HCL was removed yesterday. Enormous things happened over the weekend. Many expected the RV rate to be there this morning…but I thought that was a little premature. Stay calm everyone. 2-3-2025 Frank26 It's amazing...every time they release information, it simply points at a new exchange rate. It's getting closer and closer with each announcement. 2-3-2025 Clare Question: "Should I be celebrating this step [passing the 1st amendment to the general budget law for 2023-2025] or be frustrated? My simple mind wants to know" THIS IS A MAJOR BREAKTHROUGH IMO. IT IS WHAT SUDANI WANTED AND HE MADE SURE IT HAPPENED TODAY! (THAT'S WHY HE HAD THOSE MEETINGS FRIDAY NIGHT.) IMO 2-3-2025 Militia Man Article: "House of Representatives votes on the draft law amendment" We've been waiting for this. Quote: "The House of Representatives voted yesterday Sunday February 2 2025 on the draft law amending the first budget law...with attendance of 176 representatives." That tells us they have a quorum...That's powerful. They look like they indeed had the vote...This is an important step to reconnect the region to global markets. That's internationalism. That's big...Obviously big change is coming.
    12 points
  2. Who remembers when Trump visited the Vatican in 2017 and retrieved all the gold that was stored there? It took 650 planes to bring it here and is valued at several quintillian. Would certainly fund this. Man, watching this play out is going to be so much fun!
    9 points
  3. Trump will declare the US bankrupt under the Fiat system run by the corrupt Cabal. Under NASERA-GESARA-GCR all nations debts will be forgiven. We move forward with a new gold & asset backed USD, debt free. America will be back again under new leadership. The Cabal is on it's very last gasping breath of air. We will no longer be prisoners of the Bilderberg-Rothchild syndicate. IMHO.
    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 2-3-2025 Frank26 It was Dr. Shabibi that said to our BlueStar, that's his user name, his name is John, when he met Dr. Shabibi at the United Nations...John asked Dr. Shabibi what do you need in order to bring back the value of your currency. After a long pause...he says, well John, my country needs security and stability to be able to bring back the value of our currency. The United Nations just declared it. The whole world knows it. Everybody you can think of, from IMF, World Bank, BIS, everybody is proclaiming the security and stability that is in Iraq. If you think that's by coincidence, you're wrong. 2-3-2025 Clare Article: "Parliamentary source: Parliament's vote on amending the budget does not mean approving the 2025 schedules" Quote: "The 2025 budget schedules were not approved in today's session, while indicating that the vote on amending the budget law was limited to a paragraph related to the Kurdistan Region's oil" 2-3-2025 Militia Man Article quote: "Al-Sudani and Barzani welcome the passage of the budget law amendment while considering the vote on the law a very responsible step" Will they expose the results of this outcome...? I believe they will. They have yet to expose the...'23,'24,'25 budget tables...Even though we haven't seen it yet, is probably just not public information. 2-3-2025 MarkZ Article: “Iraqi Parliament approves budget amendment-clearing path for Kurdistan oil exports” this will be about 20 million dollars a day in additional revenue. About 400 thousand barrels of oil that was not going to the budget. That is over 10 Billion dollars per year. They have also agreed and funded salaries. This is an enormous breakthrough over the weekend…Now it’s time to send the budget tables and finish those this week. They have agreed on it…now it is time to finish all the paperwork…that is where we are at right now. 2-3-2025 Kaperoni Article: "Catastrophic repercussions will affect everyone.. US threatens sanctions on "Rafidain Bank"
    8 points
  5. Joint Statement by the Office of the Prime Minister and the Central Bank of Iraq economy | 05:02 - 04/02/2025 Mawazine News - Baghdad The government, in cooperation with the Central Bank of Iraq, announced today, Tuesday, the launch of a comprehensive initiative for banking reforms, noting that "this step comes as part of the government program aimed at modernizing the banking sector and making it more competitive locally and globally." According to the joint statement issued by the Prime Minister's Office and the Central Bank, received by "Mawazine News", the new reforms include an integrated strategic process that constitutes a turning point in the history of economic development in Iraq. These comprehensive reforms aim to keep pace with developments in the countries of the region and the world, and contribute to opening up broader horizons for communication with the outside world in modern banking and financial transactions. These reform efforts were based on several main areas, according to the statement: 1- Strengthening ownership structures and governance frameworks, by enhancing transparency and accountability, by creating diverse ownership structures and ensuring independent oversight of boards of directors over operations and committees. 2- Raising the level and standards of service, by increasing access to basic financial services for all members of the Iraqi people, by enhancing efficiency, increasing the supply of products, and modernizing the infrastructure of the banking sector. 3- Harmonization and conformity with international standards, by imposing commitment to recognized frameworks and practices in the areas of combating money laundering and combating the financing of terrorism, as well as commitment to financial transparency. 4- Enhancing financial flexibility, by enhancing the financial safety of Iraqi banks and setting strong requirements for capital and cash liquidity, to protect customer deposits and protect the economy in the face of local and international challenges. The statement noted that "the Central Bank is working to implement and develop regulatory and supervisory frameworks in cooperation with international partners, while the government is working to support the reforms and efforts of the Central Bank to develop the state of the banking sector. " He added, "This initiative comes within the framework of a broader strategy aimed at modernizing the banking sector, as the Central Bank is currently working to develop it in partnership with Oliver Wyman, a leading global management consulting firm." The government and the Central Bank confirmed "adopting a common reform vision, which is to establish a modern, transparent and comprehensive banking system that supports the aspirations of the dynamic economy of the Iraqi state. The executive details of these reforms will be presented at a later time," noting that "this initiative constitutes an important step towards achieving sustainable economic growth and enhancing confidence in the Iraqi financial system, which opens new horizons for cooperation and partnerships at the international level." https://www.mawazin.net/Details.aspx?jimare=259362
    7 points
  6. That’d be nice. Would that be any debt forgiveness to citizens?
    7 points
  7. More from Burning Bright - Earlier, I said Trump's announcement of a US Sovereign Wealth Fund, replete with his direct references to a similar fund created by the Saudis in 2015 was SIGNAL. Why? Because the Saudi Public Investment Fund was largely funded by the infamous anti-corruption purge Mohamed bin Salman kicked off in 2017. Ready for the Sauce? An infamous NGO, Human Rights Watch put together a lengthy, signal-saturated 'takedown' of Crown Prince Mohamed bin Salman in the aftermath of Trump's election, going so far as to lay out a financial timeline for the Saudi Public Investment Fund OUR Sovereign Wealth Fund is going to be modeled after. The Saudi Public Investment Fund exploded in net value during what is commonly referred to as the Saudi Purge, which, contrary to popular belief, didn't happen over the course of a night or a week, but played out across various economic and political layers over the course of three years, from 2017-19. During the purge, MBS began siphoning off the assets of some of the most infamous figures in the Saudi Deep State, who many anons will know had direct connections to the American political elite, from the Bushes to the Clintons. (BTW, one of these Deep State figures, Al Waleed bin Talal WAS one of the owners of Twitter before his shares were seized by MBS, paving the way for Elon Musk's takeover of the platform.) MBS began pouring these seized assets into "state coffers," ultimately rocketing the net value of the PIF from just under $230 billion prior to the purge to $925 billion as of 2024. Human Rights Watch claims that much of the monetary momentum that flooded the fund from 2017 through 2024 was owing not just to the assets seized during MBS's forceful takeover, but also to the companies seized either directly or indirectly as part of the second order effects of the purge. While HRW admits that learning where the funds came from precisely is close to impossible, the gravity of events suggests that the Saudi Deep State have been forced to fund the rash of public investments, building projects and infrastructure transformations spearheaded by MBS, which SOME have referred to as kicking off a new "Golden Age" in the Kingdom. NBC News had the following to say about the Saudi Purge in November 2017: "Asked about agreements to hand over wealth for detainees’ freedom, Mnuchin told CNBC: 'I think that the Crown Prince (Mohammed bin Salman) is doing a great job at transforming the country.'" Human Rights Watch begs to differ: "Indeed, the PIF is an outlier even compared to the deleterious role sovereign wealth funds have had in some other countries, as the Fund has benefited directly from serious human rights abuses linked to its chairman, Crown Prince Mohammed. This includes the crown prince’s 2017 'anti-corruption' crackdown that consisted of arbitrary detentions, abusive treatment of detainees, and the EXTORTION OF PROPERTY FROM SAUDI ARABIA'S ELITE." TOTAL INVERSION. We've seen this movie before. It has a good ending.
    7 points
  8. Iraqi government issues new decisions Politics |Today, 19:43 | +A-A Baghdad Today - Baghdad Prime Minister Mohammed Shia Al-Sudani chaired the fifth regular session of the Council of Ministers today, Tuesday (February 4, 2025), in which public affairs in the country were discussed, the most prominent economic and service files were reviewed, in addition to the priorities for implementing the government program and discussing the topics prepared on the agenda and making decisions regarding them. Within the framework of the Council of Ministers’ follow-up of city construction projects, including the new Sadr City project, according to the Council’s statement received by “Baghdad Today”, it was decided to grant ownership of the archaeological sites within the plot of land indicated in the book of the General Secretariat of the Council of Ministers on June 1, 2023, (1 - M -11 / Talul al-Nas), to the Baghdad Municipality without compensation (in the event that it does not conflict with the basic design of the city of Baghdad) based on the provisions of the Law on Ownership of Lands and Amiri Buildings (3 of 1960). As part of efforts to complete service infrastructure projects, the Council of Ministers approved placing the engineering and technical supervision and follow-up process for the (Great Hilla Sewerage) project under the supervision of Babil Governorate, and the withdrawal of the Ministry of Construction, Housing, Municipalities and Public Works from supervision work for the reasons stated in the Ministry’s letter on January 19, 2025, and that the Ministry of Construction, Housing and Municipalities submit a report on the progress of work in the project to the Council of Ministers every three months, and authorizing the Ministry to review all stages of project implementation. The Council’s recommendation to the Social Services to refer the project (design, implementation, operation and maintenance of the South Karbala Water Project with a capacity of (16,000 m3/hour) in the Holy Karbala Governorate) to the Chinese company (Shandong Shi Ji), at a cost of (699.75) billion dinars, was also approved for implementation, in accordance with the applicable laws, instructions and regulations. In the field of following up on the completion of stalled projects and the completion of infrastructure, the Council of Ministers approved the following: 1- Creating a component (infrastructure and electrical connection for Al-Hakim General Hospital project - Najaf Al-Ashraf), and increasing the total cost of the project. 2- Increasing the reserve amount and the total cost of the project (implementing rain and heavy networks and stations and establishing a treatment unit with municipal works with water and communications networks for the new segregated neighborhoods) in the Imam Al-Sadiq district, with a length of 31 km - Basra Governorate. 3- Increasing the reserve amount and the total cost of the project (construction of the Basra Governorate Traffic Directorate headquarters building). In order to support farmers and growers, the Cabinet approved the Ministry of Agriculture issuing instructions regarding rental allowances for agricultural lands that are rented in accordance with Law No. 24 of 2024, as follows: - Irrigated lands/ A- Fully reclaimed/ 7000 dinars. B- Partially reclaimed/ 5000 dinars. C- Unreclaimed/ 3000 dinars. - Rain-fed lands/ A- Guaranteed rainfall/ 7000 dinars. B- Almost guaranteed rainfall/ 4000 dinars. C- Not guaranteed rainfall/ 500 dinars. - Desert lands/ A- have wells/ 1000 dinars. B- do not have wells/ 500 dinars. The rental allowance amounts for the above types of agricultural lands are adopted as a starting point when conducting the public auction, and are technically adopted, and the instructions are implemented from the date of their publication in the Official Gazette. Within the framework of renewable and environmentally friendly energy projects, and the highly efficient waste-to-energy plant project, the Council of Ministers approved the following: 1. Referring the project to establish a waste treatment and power generation plant in Baghdad Governorate/Nahrawan area, with a two-year implementation period and 25 years of investment, to Shanghai SUS Environment Company, based on the minutes of the committees formed in this regard and authorizing the National Investment Commission to issue the investment license and sign the contract. 2. Baghdad Municipality will prepare 3,000 tons/day of solid municipal waste, hand over the project land, and sign its contract with the company within a period of 6 months. 3. The energy purchase tariff shall be in accordance with what is specified in the minutes of the assigned committees, which cover the costs of landfilling waste and the requirements of the environment and public health, provided that the tariff amount is paid according to the sectoral authorities, which are the ministries of (Health, Electricity, and Environment) and the Baghdad Municipality, and at a production rate not exceeding (100) MW, and in the event that production exceeds that, negotiations shall be conducted to reduce the tariff. 4. Based on Cabinet Resolution No. (24305) of 2024, which obligates the Ministry of Electricity to purchase the energy actually produced from the waste treatment and electricity generation project, the Ministry of Finance is obligated to finance the purchase of the energy actually produced from the station in accordance with the allocations of the aforementioned sectoral entities, and to authorize the Ministry of Electricity to sign the energy purchase contract. As part of the efforts to develop oil projects, it was decided to proceed with amending the contracting area for the East Baghdad field - the southern region by adding (95 km2) west of the Diyala River to the contracting area, based on the development and production contract for the East Baghdad field / the southern region; to exploit the oil reserves in the proposed area estimated at (710) million barrels. The Council of Ministers also approved the exemption of the project to establish (12) tanks in the Al-Kasak Refinery - Nineveh Governorate / Second Phase, from the provisions of the instructions to facilitate the implementation of the Federal General Budget Law (13 of 2023), as well as raising the spending authority of the Deputy Prime Minister and Minister of Oil to (500) million dinars, for a period of one year, and for the purposes of the aforementioned project. In the context of following up on international agreements in the field of civil aviation, the Council of Ministers approved the Civil Aviation Authority’s contract with the International Civil Aviation Organization (ICAO) for the purposes of obtaining an international license for the Civil Aviation Institute, and implementing training programs for the Authority’s staff, as an exception to the instructions for implementing government contracts and the controls attached thereto, and that the contract be financed from the amount referred to in the second paragraph of Cabinet Resolution (23064 of 2023). https://baghdadtoday.news/267307-الحكومة-العراقية-تصدر-قرارات-جديدة.html
    6 points
  9. If Iraq has all this wealth, and they actually do, why are they wanting to be subsidized by other countries? They can RV their currency, and will be one of the wealthiest country's in the world. We should not be sending them money for anything! In fact it should give them incentive to do it! Kind of like having your children move out of your house, and become adults. "Tough Love"
    6 points
  10. So glad usaid is being shut down. America does not need to give $$$ away for the foolishness that that group blows money on. Definition of foolish!
    6 points
  11. You're fine. Any noted after sadaam is good. I've had to sell back currency from earlier years at an actual exchange & I was fine.
    6 points
  12. Sorry, I was on my lunch break and was hurrying, and sent before I responded! I understand and sympathize with Betty Boop and Umbertino. Thanks to some medical bills and other unforeseen bills, I am behind on almost all of my bills. I can't work hard enough, fast enough, or anything enough to get ahead. And I'm sure I'm not the only one. Of course, it could be worse, I could have been on one of the two planes that crashed, may God rest their souls and comfort their friends and family. 🙏
    6 points
  13. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 2-4-2025 Clare Article: "Sudden US move threatens development projects in Iraq" Quote: "Billionaire Elon Musk, who is leading US President Donald Trump's efforts to reduce the size of the federal government, announced the progress of these efforts, pointing to the ongoing work to close the US Agency for International Development [USAID], according to Reuters. The decision to close the agency is expected to negatively impact development and stability projects in Iraq, which may lead to a reshaping of bilateral relations between the two countries, especially if this lack of international support is not compensated" 2-4-2025 MarkZ Question: If Iraq is doing so well with a rate of 1310 - why do they need to change it? Mark: Because it’s a rentier economy. Meaning it’s not sustainable. They need to properly represent themselves internationally …It’s very important for Iraq to change their rate. 2-4-2025 Mnt Goat Article: "AL-SUDANI: WE ARE A CORNERSTONE IN THE STABILITY OF ENERGY MARKETS. THIS IS HOW WE ARE VIEWED" Quote: "Iraq’s global standing is gaining a brighter image in economic growth, reforms and increased levels of cooperation in all energy forums. Iraq has become a cornerstone of global oil market stability and is on its way to becoming a regional energy hub..."
    5 points
  14. Yes correct and this made mainstream media as well Fox News I believe, the worlds gold as well….
    5 points
  15. 5 points
  16. I'll take Theft of the Century for $59 K...Uh What is the criminals have stolen All the money ?
    5 points
  17. You are correct. I read the article all pissed off and thought it was for everything. Thanks. That doesn’t excuse him from trying to remove the Speaker who is a Kurd. Maybe the General Amnesty Law makes him more vulnerable to being prosecuted. At this point, who cares. Just RV/RI yor currency so we can all move on. Thanks again.
    5 points
  18. Been training for years...how difficult is it to exchange 25000 IQD for 25000 USD....or multiply a rate...apply the exchange spread....poof...all done! Grand kids could handle that easily....CL
    5 points
  19. Q never specified what the Black Swan event would be but a "group" of black swans = a "Bank" so it is believed to be a financial crash. Goodbye U.S corporation, hello Constitutional Republic! It is believed Trumps true inauguration will be March 4th as it was before selling out to the corporation and maybe that's why he didn't have his hand on the Bible just like JFK when his plan was the same..
    5 points
  20. I am praying for you BB, and Umbertino, too. Hope your pension comes through fast for you.
    5 points
  21. So, in the course of reading the guru predictions, I don't remember Fnu Lnu being someone to call the date and rate like that. Am I wrong? Or at least what was said went pretty far IMHO. I remember him/her being a bit of a pessimist. or maybe a realist.
    5 points
  22. I will be praying for your complete healing and recovery!
    5 points
  23. Thank you. I am now unemployed due to my health. My dad helped me with bills for a few months. This month I am going to be behind on a few but I can't do much until I get my pension. My doctor is supporting me getting it early due to my health. It would give me a very nice lump sum which would pay bills and still have plenty left. I just don't know how long the process will take. An RI right now would solve many people's problems. Thanks again. Boop
    5 points
  24. IQD Market Rates - Monday - 2/03/2025 Shafaq News: The dollar exchange rate against the Iraqi dinar decreased slightly on Monday in the markets of Baghdad and Erbil, the capital of the Kurdistan Region, coinciding with the closing of the stock exchange Shafaq News correspondent said, The dollar prices decreased with the closing of Al-Kifah and Al-Harithiya stock exchanges to record 150,300 dinars for 100 dollars, while the prices this morning were 150,350 dinars for 100 dollars The agency's correspondent indicated that the selling prices in exchange shops in the local markets in Baghdad stabilized, as the selling price reached 151,500 Iraqi dinars for 100 dollars, while the purchase price reached 149,500 dinars for 100 dollars In Erbil, the dollar also recorded a decline, with the selling price reaching 150,150 dinars for every 100 dollars, and the buying price reaching 150,050 dinars for every 100 US dollars Have a blessed Monday - Almighty GOD is Faithful..! RON
    5 points
  25. CBI Currency Exchange Rates Monday - 2/03/2025 Currency Converter US dollar USD 1310,000 Euro EUR 1361.483 Pound Sterling GBP 1625.776 Canadian Dollar CAD 904.446 Swiss Franc CHF 1438.217 Swedish crown SEK 118,658 Norwegian crown NOK 115.996 Danish crown DKK 182.461 Japanese yen JPY 8,488 Chinese Yuan CNY 180,299 UAE Dirham AED 356,618 Jordanian Dinar JOD 1850.282 Australian Dollar AUD 815.475 Special Drawing Rights SDR 1708.017 Gold for a 24-ounce Gold 3,641,300.000
    5 points
  26. If this is accurate and true... it would appear all we really need is the HCL, lower notes and delete the zeros project for it to be go time?
    5 points
  27. Here's an article of Dinarian interests... Here We Go. Could This Trump Action Pave The Way Of NESARA-GCR? Treat as a rumor. Not verified. Your opine. BREAKING: JUST IN: President Trump Signs Executive Order To Create The 1st Ever U.S. Sovereign Wealth Fund (VIDEO). ARTICLE: We're Creating A Lot Of Wealth. President Trump on Monday signed a new executive order, directing the Secretary of the Treasury & Secretary of Commerce to create a Sovereign Wealth Fund, a government-owned investment fund. “This charges your secretary of the Treasury, Scott Bessent & your Secretary of Commerce, Howard Lutnick, to begin a process that will hopefully result in the creation of an American Sovereign Wealth Fund,” said the President’s staff secretary, Will Scharf, while presenting the order to be signed. “It’s a very exciting event. We’re going to have a Sovereign Wealth Fund, which we’ve never had. We have a lot of things that create wealth & you’re seeing that over the last two weeks; I think we’ve created more wealth,” President Trump said before signing the order. “Other people have created de-wealth, the people, my predecessors. We’re creating a lot of wealth.” Treasury Secretary Scott Bessent agreed that the new order is “very exciting” & added, “We’re going to stand this thing up within the next twelve months.”
    5 points
  28. The only risk to economic stability these sanctions will create is to Iran and their theocratic Iraqi puppets. Flush these treasonous wretches out and send them to Iran.
    5 points
  29. TERMS for Weekly MegaMillion & Powerball Entries Pool(s) is (are) open to identifiable/registered DV MEMBERS ONLY (Sorry, no extended family or friends... or Lopsters, as they are not allowed in the regular forums, and therefore cannot comply with the rules). One SET of numbers per ENTRANT per POST per FAMILY (Multiple members in a family may participate under ONE ENTRANT ONLY). (Please select CASH OPTION when purchasing numbers/ticket). Annuity tickets will not be disqualified and will be factored accordingly if determined a winner, but our preferred intent is for the lump sum payout. A DV Member may purchase and post up to ONE ticket for ANOTHER DV Member (except Lopsters), with that member's acknowledgement and consent. ONE SHARE per entrant of any winnings of the JACKPOT (CASH OPTION!!!) only (Approx. $100 million minimum drawing) Winning ticket/entrant agrees to share EQUALLY with ALL qualified entrants in this thread. Qualified entrants must have numbers/entry posted prior to drawing date/time. Qualified entrants must have a physical ticket to present upon winning, to prove their pledged participation. HOLD onto your "LOSING" ticket. Take a picture of your "LOSING" ticket as a possible backup verification. Winning entrant is responsible for ALL communication with, and coordination of, winning shareholders immediately after the drawing. ALL winning participants/shareholders agree to respect and abide to the PRIVACY terms of the WINNER. Disclosure of identity of winning entrant is sole discretion of winner. This is for the security and safety of all. Winning shares will be dispersed upon final consensus and WRITTEN AGREEMENT, guaranteeing individual preferences, privacy and security. By posting your pledged ticket/numbers in the thread(s), YOU AGREE TO THE TERMS POSTED ABOVE. The following has been added to the rules as of 9/17/2016 to clarify a question about participation: NEW RULE! Ticket/numbers entered into THIS DV POOL are for this pool exclusively. It may not be entered into other pools. Its entry into the DV POOL is time-stamped as verified by the post, and acknowledged by the entrant that it is exclusive to DV. Should it be found that the WINNING TICKET is entered into multiple pools, WE will claim that ticket as the WINNER for the DV POOL EXCLUSIVELY, irrespective of the time-stamp of other pools. Should another pool have a similar rule, or no rule to this regard, the time-stamp may be an effective qualifier if necessary to determine the participant's intent, as well as order of participation. $100M Minimum is waived for both drawings.
    4 points
  30. Foreign Currency Selling Window results for Monday 3/2/2025 Monday - February 03, 2025 Foreign Currency Selling Window results for Monday, 3/2/2025 Details Amount Total Foreign Reinforcements 281,409,852 Total Cash Withdrawals 16,050,000 Total sale amounts 297,459,852 Note: The price of selling amounts of credits and international settlements for electronic cards is (1310) dinars per dollar. The selling price of remittances abroad is (1310) dinars per dollar. The cash selling price is (1305) dinars per dollar.
    4 points
  31. These are not going to stop. This is normal international buisness. The auctions as they were have stopped. If banks around the world didn't trade like this EVERYDAY, AS NORMAL, the world economy would come to a fault!
    4 points
  32. Just RV/RI yor currency so we can all move on. School is out. No more training. I been a high School Senior for 20 years. Go RV.
    4 points
  33. Yup. Iraq is before the world, ready to bail it out. Go RV.
    4 points
  34. Kurdistan Finance: The salaries of the region's employees will be distributed tomorrow, Wednesday Local |Today, 17:50 | Baghdad Today - Baghdad The Parliamentary Legal Committee announced today, Tuesday, February 4, 2025, its intention to vote on the general amnesty, personal status, and real estate laws individually, without going to pass them in one basket. Committee member Aref Al-Hamamin told Baghdad Today: “The state order that was issued was an objection to passing the laws in one basket, but the parliament will reconsider passing the three laws and we will proceed to vote on each law separately to avoid any other judicial decision.” He said, "Ten representatives objected to the court's voting mechanism, which led to it issuing a judicial order to stop the implementation." Today, Tuesday, the Federal Supreme Court issued a judicial order to stop the implementation of the general amnesty, personal status, and property return laws. According to the court’s ruling documents, received by Baghdad Today, “suspending the implementation of the law is a discretionary authority and a temporary preventive measure until the constitutionality of the laws that are the subject of the lawsuits is decided and whether they conform to the constitution or not.” She explained that "the consequences of implementing laws cannot be avoided when a ruling is issued declaring them unconstitutional, especially since the urgency is based on the idea of temporary urgent protection that does not waste or gain a right." It is noteworthy that the House of Representatives voted on Tuesday (January 21, 2025) on draft laws amending personal status, general amnesty, and returning properties to their owners, after they were suspended in more than one previous session. The Minister of Finance in the Kurdistan Regional Government, Awat Sheikh Janab, announced from the capital, Baghdad, yesterday an agreement regarding the salaries of the region’s employees. Awat Sheikh Janab said in a press conference: “We agreed with the federal government to pay the salaries for the year 2025 without problems.” Regarding the January salary, the Minister of Finance in the Kurdistan Regional Government explained that “it will begin to be distributed on Tuesday or Wednesday.” https://baghdadtoday.news/267300-مالية-كردستان-رواتب-موظفي-الإقليم-ستوزع-يوم-غد-الأربعاء.html
    4 points
  35. Gosh..I better go out and load up on debt!! Not really. Just joking
    4 points
  36. Citizens are included. We begin again with a brand new clean slate.
    4 points
  37. Rafidain Bank “under the American microscope” amid accusations of “financing terrorism” Politics / Economy |Yesterday, 20:12 | Baghdad Today - Baghdad Iraqi politician Entifadh Qanbar sparked widespread controversy on Monday (February 3, 2025) after stating that “Rafidain Bank has not had its financial accounts audited for nine years,” raising questions about transparency and financial oversight of one of the most important banking institutions in Iraq. https://x.com/eqanbar/status/1886434884232593509?s=48 According to Qanbar, the bank was involved in financing “terrorist groups” through financial instruments such as the “K-Card” and uncovered loans, or what he described as “toxic” loans. Qanbar pointed out that there are official bodies that bear responsibility for this situation, accusing the Ministry of Finance, headed by Taif Sami, of being involved or turning a blind eye to these practices, which prompted him to say that “Elon Musk’s Ministry” will take strict measures against the ministry and the bank. Despite the ambiguity surrounding this expression, his statement sheds light on the crisis of confidence in Iraqi financial institutions. Joe Wilson and the escalation of American rhetoric towards Iraq In another context, tweets by US Republican Representative Joe Wilson added a more complex political dimension to the financial crisis in Iraq. Wilson stated: “I urge the Ministry of Efficiency to investigate the Iranian puppets who have openly stolen $2.5 billion from Rafidain Bank while American taxpayer money goes to the Central Bank of Iraq.” The statement has raised speculation about a possible US escalation against Iranian influence in Iraq, and perhaps additional sanctions on parties involved in illicit financial transactions. Observers also link the tweets to growing US concerns about the exploitation of the Iraqi financial system to fund armed groups linked to Iran. The Central Bank of Iraq and its “Failure” to Combat Money Laundering Despite the Central Bank of Iraq’s attempts to curb money laundering, these efforts have not achieved the desired success. The bank has launched several measures aimed at controlling the real estate sector as one of the sectors most used in money laundering operations, as it imposed a ceiling of 500 million Iraqi dinars on real estate transactions, and later reduced this limit to 100 million. But these measures, according to experts, did not prevent the flow of suspicious funds through other channels such as exchange companies and fictitious transfers. There are also accusations of weak oversight of private banks, which are suspected of being used as a front for money laundering and financing armed groups. Suspicious money transfer from Iraq to Iran International reports have revealed that some Iraqi banks used a banking system established by the United States after 2003 to transfer huge sums of money to Iran. These operations were carried out through shell companies and fake invoices, allowing billions of dollars to be transferred outside the legitimate financial system. In an attempt to stop these operations, the United States has imposed restrictions on a number of Iraqi banks, which has led to a decline in the volume of dollar transfers from Iraq. However, there remains concern that these funds still find their way to illicit parties through alternative routes. Iraq's cash reserves at the US Federal Reserve It is worth noting that Iraq's foreign exchange reserves are held at the US Federal Reserve, which places the Iraqi economy under direct supervision from Washington. This link enables the United States to impose strict financial restrictions on Iraq if it suspects corruption or financial support for illicit entities. Because of this situation, some Iraqi officials fear that the United States will take more stringent measures against the Iraqi banking system, especially if the smuggling of dollars and their transfer to Iran and armed groups continues. Crisis of confidence threatens the Iraqi economy Iraq faces a complex financial crisis, with issues of financial corruption, money laundering, and terrorist financing intertwined with US political pressure. While the central bank is trying to take steps to restrict suspicious financial flows, loopholes remain, making the needed reforms more urgent than ever. Under these circumstances, the most important question remains: Will Iraq be able to regain control of its financial system, or will it face more severe US pressure and sanctions in the near future? https://baghdadtoday.news/267237-مصرف-الرافدين-تحت-المجهر-الأمريكي-وسط-اتهامات-بـتمويل-الإرهاب.html
    4 points
  38. The government, CBI adopt a comprehensive initiative for banking reform Economy +A -A INA - BAGHDAD The government, in cooperation with the Central Bank of Iraq - CBI, adopted on Tuesday a comprehensive initiative for banking reform. "Banking reforms have been a cornerstone of the economic reform agenda outlined in the government program. To advance the critical steps initiated by the government in this area since assuming office - and to achieve key development objectives that require a robust banking sector - the government, in collaboration with the CBI, has launched a comprehensive initiative encompassing a strategic and integrated set of banking reforms," according to a statement by the PM Media Office - received by the Iraqi News Agency - INA. The statement included that "this initiative marks a pivotal moment in Iraq’s economic development, aligning with commitments to enhancing banking standards, strengthening financial resilience, and fostering a more competitive financial system." "These comprehensive reforms aim to keep pace with developments in the region and globally, facilitate greater partnerships, and expand Iraq’s connectivity with international banking and financial systems. CBI is actively working to implement and refine regulatory and supervisory frameworks in cooperation with international partners to promote sustainable growth and development within the banking sector. At the same time, the government is supporting the CBI’s efforts to enhance the overall banking environment," added the statement. These reform efforts are built upon the following key pillars: 1- Enhancing ownership structures and governance frameworks Strengthening transparency and accountability by implementing measures such as diversifying ownership structures and ensuring independent board oversight of operations and committees. 2- Improving service standards Expanding access to essential financial services for all Iraqis by increasing efficiency, diversifying financial products, and modernizing the banking sector’s infrastructure. 3- Aligning with international standards Enforcing adherence to globally recognized frameworks and best practices in anti-money laundering and countering the financing of terrorism, as well as financial transparency, to ensure the seamless operation of banking services and support both business needs and individual financial transactions. 4- Enhancing financial resilience Strengthening the financial stability of Iraqi banks by implementing robust capital and liquidity requirements, ensuring the protection of customer deposits, and safeguarding the economy against domestic and international challenges. This initiative is part of a broader strategy aimed at modernizing Iraq’s banking sector. The CBI is currently developing this strategy in partnership with Oliver Wyman, a leading global management consulting firm. The ongoing banking reforms, including those undertaken with state-owned banks, will complement this strategy, marking a transformational shift in Iraq’s financial system. "Further details on the implementation of these reforms will be announced in due course." With this initiative, the government and the CBI reaffirm "their shared commitment to a reform vision that establishes a modern, transparent, and inclusive banking system - one that supports the aspirations of Iraq’s dynamic economy." Today, 17:43 The government, CBI adopt a comprehensive initiative for banking reform » Iraqi News Agency
    4 points
  39. Have you been a fool all your life, or are you just trying to set the bar ? You @T B should get councilling. Sad, just Sad pp
    4 points
  40. Ron the man with the plan! be blessed buddy!😄
    4 points
  41. no not wrong..very reserved and to best of my knowledge has not called date or made rate predictions....but happy to be proven wrong..
    4 points
  42. From Burning Bright on TS - Trump named dropped Saudi Arabia in reference to the US Sovereign Wealth Fund. That’s SIGNAL. The Saudi Sovereign Wealth Fund was financed by assets seized during the 2017 anti-corruption purge, which was then transformed into a Public Investment Fund.
    4 points
  43. The USA updates its currency security as well , the old and new updated notes are still legal tender they simply run in circulation along side each other ........ i dont work at the cbi 🤣 but im sure its the same in iraq the US Treasury was very instrumental in establishing their banking ,,,, cheers https://www.uscurrency.gov/sites/default/files/downloadable-materials/files/en/multinote-booklet-en.pdf
    4 points
  44. hence TRUMP just set a US Sovering wealth Fund yesterday I believe with EO!
    4 points
  45. Positive news! Hopefully it will appear in the gazette soon.
    4 points


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