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Dretown39
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Posts posted by Dretown39
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3 hours ago, Carrello said:
I'm sorry. I did meant 2023. The date is October 4, 2023. As I said, way too early.
No problem all good
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1 hour ago, BETTYBOOP said:
I am actually beginning to think the HCL isn't as important to the monetary reform as was suggested for years. It is important to the people and they can fight over that forever but I don't think it is essential for a rate change. They could still be fighting about it 20 yrs from now but if they continue to stall and not move forward with the budget etc they will be stuck in the darkages forever. The very fact they have passed a budget , put it in the gazette and not released any funds , despite all their talk makes me suspicious . I am beginning to think they need the EO Lifted to be able to go any further and that in itself might be the key not the HCL. JMHO
I asked this very question to Breitling & he said no they don't need the HCL to add value to the dinar.fyi
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1 hour ago, Carrello said:
* Census scheduled for 2024
* Only 40 feet of hard cast remain on the front of the new CBI building
- The WTO will convene in Baghdad on October 4, 2024, a WTO
- Iraq acceptance symposium. In
- c/ Ceorder to be accepted into the WTO Iraq will need an internationally acceptable exchange rate.
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The USTreasury has spent from June 2023 until currently with a team finalizing new banking systems at the CBI. "Al-Sudani stressed that the government has taken several measures with the Central Bank of Iraq in implementing financial reform, which is considered a key to economic reform in achieving the government’s goal of moving from a unilateral economy towards a productive and multi-economic economy, where, for the first time, a financial database ""was created"" for banking transactions, in a way that achieves confidence***. ""Required in dealings with banks and international banks"".
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The 3-year budget was approved in June 2023 for 2023-202024-25 with two definite portions: Service and development. There was not adequate funds in the 23' budget to cover just the service/salaries portion of the budget. Funds have not been spent for the 23' portion of the budget. Recently funds have been spent for salaries, retirees, etc from accounts with unpaid balances, funds from stolen monies brought back into Iraq (crooks have been given amnesty if the funds are returned). So what is Iraq waiting on to spend 23' money? The rate.* HCL is about ready to pass, but IMO we don't need it. The HCL needs a rate, the rate doesn't need the HCL.
* Sudani went on a PR tour in New York at the recent UN General Assembly meeting. MOUs, contracts, etc have been signed in the past few months in Baghdad with countries, companies, wanting to do business in Iraq.
* IMO we are there! Too early from my brain (3:30 am here) to include more progress that has been achieved in Iraq, but they have turned around and are ready to run. Maliki is even praising and supporting this government.
| Today, 13:47 |
- Baghdad
The "Today" news agency publishes, today, Saturday, (September 23, 2023), a summary of the meetings of Prime Minister Mohamed Shaia Al-Sudani on the sidelines of the United Nations General Assembly at its 78th session held in New York.
Below is a summary of the meetings:
From Europe:
●German Chancellor
●The Spanish Prime Minister
●Bulgarian President
●Norwegian Prime Minister
● The Dutch Prime Minister
● President of Cyprus
●British Deputy Prime Minister
From Asia:
● President of the Republic of South Korea
● Prime Minister of Malaysia
From the countries of the region:
●Chairman of the Yemeni Presidential Leadership Council
●The Iranian President
●The Kuwaiti Prime Minister
●The Lebanese Prime Minister
As well as:
■ US Secretary of State
■ Secretary-General of the United Nations
■ Secretary General of NATO
■ US President's Special Envoy for the Middle East and North Africa McGurk
■ U.S. Treasury Undersecretary
■ Director of the United Nations Development Program
■Economic and Social Commission for Western Asia (ESCWA)
Research centers, seminars and interviews
▪︎ Dialogue session with the US Council on Foreign Relations
▪︎ Panel discussion organized by Al-Monitor Foundation and Simafor of the Americas
▪︎Meeting with members of the American Chamber of Commerce in the presence of businessmen, investors and representatives of major American companies
▪︎Interview with Bloomberg Channel
▪︎Interview with CNN
▪︎Interview with the National newspaper
▪︎Meeting with the New York Times
Companies
• Meeting with the American company General Electric
• Meeting with the Honeywell Multinational Technology Group
• Coveken American law firm (??)
The Director of Prime Minister Rabie Nader's Information Office confirmed today, Saturday (23 September 2023), that Prime Minister Mohammed Shiaa Al-Sudani, over a period of six days, best presented Iraq's official speech, which is based on balance, building serious economic partnerships and building bridges of cooperation.
Nader said in a post on the platform (x) Twitter previously, followed by "today," that "an important and active Iraqi movement in New York, included meetings and meetings with an unprecedented number of leaders and leaders of countries from different trends and continents, and the common link between all of them the great desire to open up to and work with Iraq."
He added that "the Prime Minister, over the course of six days, presented, in the best way, Iraq's official speech based on balance, building serious economic partnerships and building bridges of cooperation."
Nader continued: "It is remarkable that most of those met by the Prime Minister, leaders and presidents, are very attentive and interactive with the priorities he adopts," noting that "more than one head of state expressed the sincere desire to visit Iraq, in a clear manifestation of (productive diplomacy) adopted by this government, keen to stay away from formal relations that do not exceed the stage of taking souvenir photos."
He stressed that "besides the presidents and leaders, there was a clear interest from research centers and institutions, which were keen to hold seminars; with the aim of listening to the convictions and policies pursued by the Prime Minister in politics, security, economy and foreign relations."
@CarrelloHello thanks for your input. You have stated below
The WTO will convene in Baghdad on October 4, 2024, a WTO
Did you October 4, 2023?
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1 hour ago, hspotman said:
they don't give it time to have egg on their faces. They quickly make up a new story to pump you up, and everyone forgets he said we wouldn't make it out of september without a rate change. Watch....he won't mention a thing about it when/if it doesn't happen.
Yeah & I personally don't care who ends of being right. I'm just ready for the citizens & us investors to get what we've been waiting for. Unfortunately, people get emotionally attached to this investment & when folks put out time frames of expecting it to happen and then it don't well..I'll just stop here.
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1 hour ago, Luigi1 said:
Here's another article related to the above...
Angel1: That's Where We Are.
ARTICLE: I do not believe we will get out of September & I do not believe we will see a rate change while Sudani is out of country. This week we focus on the international world. We focus on Iraq’s reach. And where is Iraq’s reach? At our banks. That’s where we are.
I appreciate his energy but I don't believe in doing time frames because of the risk of having egg on the face of it don't happen.
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1 hour ago, hspotman said:
Well I never paid for none of that. I'm starting to agree with someone who said lately here that, if we are still here come Jan 1, we've all been duped.
I know it's frustrating & angering at times that this hasn't come to fruition. Stay away from that mindset of putting time frames feeling it won't never happen due to a certain date. I know we don't know each other but I would hate for you to screw yourself outta of a huge financial gain. It's not a matter of if but when this will happen👊
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35 minutes ago, BETTYBOOP said:
Maybe I am missing something here.... the EO made it legal to hold IDQ.. Correct? Now if they are going to null and void the invasion and the Iraq war why would it be illegal to hold the currency. Is there any other country where it is illegal to buy there currency? So like any other country if you hold it you should still be able to exchange it. JMHO
Yeah I seriously doubt the U.S. would screw up things with the dinar seeing that a lot of governmental officials hold it as well.
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20 minutes ago, Blitz said:
So in other words, WE will not see the RV anytime soon???
Not necessarily because there will never be zero corruption within any human government or large entity. It seems we're still in a "flip the switch anytime" moment with the Dinar.
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14 minutes ago, Laid Back said:
Iraq GDP $225 billion dollars….. Currency value $0.00076
Kuwait GDP $184 Billion dollars….. Currency value $3.24
Something is wrong with this picture 🤔
Hope someday in the the near future we can see the real value of the IQD.
We will bro!
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1 hour ago, BETTYBOOP said:
I will never sell what I have . Just , like the rest of us , wish they would move
Ok great. I'm tired of working for people & dealing with corporate politics. Just one of the reasons I'm not selling!
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49 minutes ago, BETTYBOOP said:
And still their currency is worthless....
Hang in there..its coming! I have to say for the first time I feel we really on the cusp & not due to any false hopium either!👍
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7 minutes ago, BETTYBOOP said:
Promising news
This is good seeing that Iraq wants to be involved with West who has the most customers.
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Monday it'll be pushed through parliament and next week should be very very exciting...I would be shocked if there is not a rate change by the end of September. Shocked. Shocked. Shocked
Boy I don't like when folks put a close time frame like this out! Some get excited & then shutdown when time passes by with no rate change due to these type of audio/posts!
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20 minutes ago, horsesoldier said:
" Hold on to those Dinars they're worth more than Dollars " ...from Sudani's standup routine at Comedy Central Baghdad.
😆😆😆Live from Kurdistan it's Saturday Nite Live
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24 minutes ago, dinarham said:
Iranian rial is 10 times more worthless than IQD , just add another zero to the right of the decimal point . According to forex , the IQD is not pegged with any other currency , which is unusual.
Yeah & I believe that's why the CBI Governor Alaq said weeks ago they can't float the dinar because it's not backed by othe foreign currencies. As a result they will have to do a major revaluation of the dinar..which is good for them & us outside investors.
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2 hours ago, HowieC said:
Like Vietnam I guess......OOOPS...They already have a thriving private sector!! Bunch of crap!
Until proven wrong.....I stand by my thoughts that Iraq is unique, and needs a healthy exchange rate to thrive.
I stand with you! This crap that gets posted on this site! They're weapon besides policy is their currency!
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3 hours ago, hspotman said:
I think these recent posts/warnings about ebay are because of the current hype we have going with the dinar. People are wanting to take advantage of the high speculation.
👍
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In regards to Pimpy...I bought Dinar off ebay & compared them with what I bought from the exchanges. So far they've checked out legit.
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1 hour ago, yota691 said:
This topic still has Chapter 7 implication, as it stated it sounds good for Iraq which the Federal Court of Iraq states, but this topic hasn't had any respond from Kuwait or the United Nation, from the ruling by Iraq. Just need to see what next..
Not everything is smoke screens, if was settle 10 years ago why is it topic of conversation in 2023.
Ok thanks for the clarification!
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16 minutes ago, yota691 said:
The Iraqi Federal Court annuls the ratification of the Maritime Navigation Agreement with Kuwait
September 4, 2023
03:04 PM
3581The official Iraqi News Agency announced that the Federal Court in Iraq issued a ruling today, Monday, ruling that the law ratifying the agreement regulating maritime navigation in Khor Abdullah between Iraq and Kuwait is unconstitutional.
The court said that it decided, in its session held today, in case No. 105 and its unification 194 / federal / 2023, to rule on the unconstitutionality of the law ratifying the agreement between the government of the Republic of Iraq and the government of the State of Kuwait regarding the regulation of maritime navigation in Khor Abdullah No. (42) for the year 2013. .
And she added, “The court issued its decision in violation of the provisions of Article (61 / Fourth) of the Constitution of the Republic of Iraq, which stipulated (the process of ratification of international treaties and agreements is regulated by a law enacted by a two-thirds majority of the members of the House of Representatives.”
@yota691I remember maybe 2 or 3 weeks back you said for DV members to keep an eye on this topic. I've read this a few times & still not 100% sure. This sounds like good news. Am I correct or wrong?
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3 hours ago, Artitech said:
I guess I missed #438! 🤠
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Frank26 is very reliable. He gets it right every 1 out of 438 times!
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36 minutes ago, ronscarpa said:
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
Kaperoni Iraq is very close to joining the WTO. Wrong. There are often articles about joining, but until they diversify their economy so they have products to export, there is no reason to be in the WTO. Wrong...!
Breitling Article quote: "It is not possible to float the dinar in Iraq because we don't have various sources of foreign currency." Which is unbelievable...I've been researching it. The question is a float verses a hard revaluation, a hard manipulation, what they're doing right now. You and I are in a hard manipulation. It is not based on market value...on float...on anything...He's right...Iraq doesn't have access to a foreign currency reserve like everyone else does. So they're going to do a hard revalue. There's no threats at all...this means everything because there's not going to be a float. There's doesn't need to be a float.
Yep he put this audio out last night & also again confirmed that if they did a significant devaluation they can significantly reverse it! I along with Breitling believe it will not come out at $.10 like some claim! When this happens we're all going to the bank putting hundreds of thousands in our accounts!💯
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2 hours ago, sgtsanders said:
Not to be negative but it seems that now that we are at a point to where this could really pop, we are seeing all of the nuances that might keep it from doing just that in the near future. I so hope I’m wrong!🥴
I'm going to double-up on that hope because I believe you are & I mean that in a good way! Stay the course brotha because I believe we are at the cusp of this happening!👊
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Parliament Finance: Three months against the dollar to return it to the official exchange rate
in Iraq & Dinar Related News
Posted
HURRY UP!!😆