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ronscarpa

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ronscarpa last won the day on February 25

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About ronscarpa

  • Birthday 12/19/1942

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    Las Vegas, NV - (Raised in NY City)
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    JESUS, Wife, Family, Friends, Church, Evangelism, Traveling, Flying, Boating, Good Food & Fine Wine, Peaceful Beaches & Sun, More..!

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    Evangelist, Healing Team, Airline Captain, DMin - Biblical Counseling, MS - Areospace Ops Mgmt (USC)
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  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 Pimpy Question: "How is the development road project going to be funded at 1310?" The development road project is not the world's largest project. It's not even in the top 20. But it is a very expensive project...Pay close attention... Article quote:"This year's budget is Iraq's largest at 198.9 trillion Iraqi dinars, about $153 billion based on the exchange rate. The 2024 and 2025 budgets will be the same unless the cabinet requests any changes and parliament approves them." This budget has already calculated...What did it say in the article? 'With the current exchange rate. And what is the current exchange rate? 1310 dinars per dollar. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani did a speech putting economic and banking reforms as a major priority. FRANK: I'm all for it! ...All of their efforts of their energy is directed to the success of the monetary reform first that will then bring success to the economic reform...This sequence cannot be reversed...Your day is coming. Walkingstick When you see the prices in the market of Iraq start to drop, get excited. They would be parallel to the exchange rate.
  2. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Clare Article: "Prime Minister: The government has placed the issue of economic and banking reform among its most important priorities" MarkZ Comment: I am of the belief if they reinstate to pre-war rate…it will be at $3.22 Mark: I am of that belief as well. I think that is their minimum...I do not expect a wild or crazy float. It is not good for their money if it swings wildly. But to me it’s looking like it may be one BAM then done for a rate change. Militia Man Everything we've been seeing in the news...is quite intense in respect to a lot of the things we've been talking about... Article: "Iraq's Minister of Trade: We seek to join the World Trade Organization and expand our economic relations with the world" That's pretty bold. Quote: "...Iraq is now able to enter the global trade market through the organization on a large scale." There you have it...That is a massive quote.
  3. 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 [Key Bank story] BANK STORY LADY: I've been banking with them for about a year...A few months ago I was talking to my contact and I was telling her about the exchange and asked if she had heard anything. She hadn't and they probably weren't going to deal with it at all. She even asked her higher-ups and they didn't say a thing. She said she had a list of people to call and if she heard anything she would be in touch. Over the last few months I've kind of given up on it...I had a talk with her the other day and she said, 'I'm so glad you called. We just underwent training for the exchange.' FRANK: The dinar? BANK STORY LADY: Yeah. It must be coming. Goldilocks Vietnam is showing trading statistics that indicate a self-sustaining economy that is growing, and even has, greater potential going forward. At this point, Vietnam is showing momentum. When a country starts to show a trade surplus, it indicates that a demand for a country's goods and currency is in higher demand. Thus, creating the need for an increase in a country's currency value.
  4. 7 min read https://www.givehim15.com/post/february-28-2024 February 28, 2024 Enforcing Satan’s Defeat by Wielding Our Sword The Hebrew word for intercession, paga, means literally “to meet.”(1)This can be a meeting of people, the boundaries of two pieces of land, the earth, and sky (the horizon) - it really doesn’t matter what the context is; the point is that two entities come together. Intercession is birthed from our communing with our Father, God. We meet with Him in a relational sense, and from that connection, other meetings are created. Not all meetings are pleasant, however. Some can actually be violent. Proverbs 17:12 tells us: Let a man meet a bear robbed of her cubs, rather than a fool in his folly. “Meet” is this Hebrew word paga. I’ve never met a she-bear in the wild with or without cubs, and hope I never do. But years ago, a wise old woodsman, instructing me in the art of surviving bear encounters, gave me the following piece of wisdom: “Son, try to avoid them, if possible! But if you can’t and it’s a female with cubs you meet, never get between mama and those cubs. Because if you do, the meeting is about to go to a whole new level, up close and very personal.” Now, before I’m harangued for a contextual violation of Scripture, let me say I am not insinuating that this verse is talking about prayer. I am saying, however, that the word used for “meet” in the verse is this same Hebrew word (paga), elsewhere translated “intercession.” Other Hebrew words could have been used, but this one was chosen partly because it often has a very violent connotation. In fact, paga is frequently a battlefield term (for examples, see Judges 8:21; 15:12; 1 Samuel 22:17-18; 2 Samuel 1:15; 1 Kings 2:25-46). “Meetings” can be unpleasant! Some can be downright ugly, such as the one satan had with Jesus at Calvary. Satan had come between God and His “cubs.” He ought not to have done that! Satan’s worst nightmare came true when, with 4000 years of pent-up fury, Jesus met him at Calvary. The earth rocked, and I do mean literally, with the force of the battle (see Matthew 27:51). The very sun grew dark as the war raged (see v. 45). At the moment of what satan thought was his greatest triumph, he and all his forces heard the most terrifying sound they had ever heard: God’s laugh of derision (see Psalm 2:4)! The laughter was followed by the voice of the Son of Man crying with a loud voice, “Tetelestai.” This Greek word is translated, “It is finished” in John 19:30. Please don’t think Jesus was talking about death when He spoke that word. HE WAS NOT! Tetelestai means to fully accomplish something or bring it to its completed state,(2) just as the word “finished” would imply. However, it was also the word stamped on invoices in that day, meaning “paid in full.”(3) Christ was quoting from Psalm 22:31 when He chose this statement. Three of His seven sayings on the cross come from this Psalm. The Hebrew word He quoted from this verse is asah. He may have actually been speaking Hebrew, using this very word, even though it is recorded in Greek in John's gospel. The word means, among other things, “to create.”(4) It is used in Genesis, for example, when God created the earth. I believe that not only was Christ saying, “The debt is paid in full,” He was also saying, “Come forth, new creation!” No wonder the earth shook, the sun reappeared, the centurion was terrified (see Matthew 27:54), and Old Testament saints were resurrected (see Matthew 27:52-53). Don’t tell me God doesn’t have a flare for the dramatic. The Cross defines drama. And yes, behind the scenes, it was violent. Captives were rescued (see 1 Peter 3:19; 4:6; Isaiah 61:1), bruises were inflicted (see Genesis 3:15; Isaiah 53:5; 1 Peter 2:24), keys were taken, and authority was transferred (see Matthew 28:18). An interesting word is used in 1 John 3:8 that adds insight into what happened at the Cross. The verse reads, “For this purpose, the Son of God was manifested, that He might destroy the works of the devil” (KJV). “Destroy” is the Greek word luo, which has both legal and physical meanings. Understanding its full definition will greatly enhance our knowledge of what Jesus did to satan and his works. The legal meaning of luo is: 1. to pronounce or determine that something or someone is no longer bound; 2. to dissolve or void a contract or anything that legally binds.(5) Jesus came to dissolve the legal hold satan had over us and to pronounce that we were no longer bound by his works. He “voided the contract,” breaking satan’s dominion over us. The physical meaning of luo is to dissolve or melt, break, beat something to pieces, or untie something that is bound.(6) In Acts 27:41, the boat Paul traveled on was broken into pieces (luo) by the force of the storm. In 2 Peter 3:10-12, we’re told that one day the elements of the earth will melt or dissolve (luo) from a great heat. Jesus not only delivered us legally, but He also made certain that the literal consequences of that deliverance were manifested: He brought healing, set captives free, lifted oppression, and liberated those under demonic control. Our responsibility is not to re-defeat satan, but to enforce this victory as we, too, meet the powers of darkness. It is interesting to know that Jesus used the same word, luo, to describe what we, the Church, are to do through spiritual warfare. Matthew 16:19 tells us, “I will give you the keys of the kingdom of heaven, and whatever you shall bind on earth shall be bound in heaven, and whatever you shall loose on earth shall be loosed in heaven.” The word “loose” in this verse is luo. So, did Christ luo the works of the devil (1 John 3:8), or do we luo the works of the devil (Matthew 16:19)? The answer is “Yes!” Although Jesus fully accomplished the task of breaking satan’s authority and voiding his legal hold upon the human race, someone on earth must represent Him in that victory and enforce it. With this in mind and remembering that the Hebrew word for intercession, paga, means “to meet,” let’s state it this way: Through prayers of intercession, we meet/encounter (paga) the powers of darkness, enforcing the victory Christ accomplished (luo; tetelestai) when He met (paga) them at the Cross. When we encounter them, we use His authority to bind and loose (luo) them, releasing the provision and fruit of what He accomplished. My mindset changed dramatically in the context of “binding” and “loosing,” “wrestling” with principalities and powers, “pulling down strongholds,” etc., when I began thinking of it as enforcing the victory of Calvary. Satan is a thief and a trespasser. The fact that he has no right (authority) to do something does not keep him from doing it. Only the authority of Christ, combined with the power of Holy Spirit, keeps/stops him from doing so. Both flow from/through us. In Christ’s name, we release His authority, and Holy Spirit backs this up with His power. We must wield the sword of God’s Word, just as Jesus did, and bind demonic attacks against our bodies, families, homes, cities, and nations. Declaring the promises of Scripture are not only to encourage and increase our faith; they are weapons. Let’s use these powerful, God-given tools. Pray with me: We declare over our bodies that “by His stripes, we are healed;” over our minds that “we have the mind of Christ;” that His blood “cleanses us from all sin and unrighteousness.” We boldly agree with God’s Word that tells us there is “no more condemnation” toward us for ANY sin we have committed when it is under the blood of Jesus. And we declare that “no weapon formed against us will prosper” - NONE! (see 1 Peter 2:24; 1 Corinthians 2:16; 1 John 1:9; Romans 8:1; Isaiah 54:17) We declare over our nation that “America shall be saved.” We declare that God’s destiny for America is “the gospel of the kingdom shall go forth from these shores to every nation of the earth.” We declare that Holy Spirit is “manifesting the multifaceted wisdom of God to principalities and powers in the heavens through the Ekklesia.” We declare that “the gates of hell will not prosper against or overcome this Ekklesia.” (Ephesians 3:10; Matthew 16:18-19) And we declare that “the kingdoms of this world have become the Kingdoms of our Lord and His Christ.” We declare that “God, His Father, has promised Him the nations of this earth as His inheritance.” We declare that the Spirit of God will be poured out over all the earth, that it is His will “for all to be saved and none to perish.” We declare that “Christ is king over all the nations,” and we release His kingdom rule and authority to bring His will to pass. We declare that Christ’s family in heaven will consist of people “from every tribe, tongue, and nation,” and that the revival beginning around the world will not be thwarted. (see Revelation 11:15; Psalm 2:7; Acts 2:17; 2 Peter 3:9; Revelation 7:9) And we declare that the fruit of these decrees shall not be stopped, because we make them in the mighty name of Jesus. Our decree: We decree that the sword of the Spirit, the spoken word of God, is more powerful than ALL the forces and plans of the enemy. ************************* Portions of today’s post were taken from my book Intercessory Prayer, published by Baker Books. Click on the link below to watch the full video. --------------------------------------------------- James Strong, The New Strong’s Exhaustive Concordance of the Bible (Nashville, TN: Thomas Nelson Publishers, 1990), ref. no. 6293. Spiros Zodhiates, The Complete Word Study Dictionary (Iowa Falls, IA: Word Bible Publishers, 1992), p. 1375. Ibid. William Wilson, Old Testament Word Studies (Grand Rapids, MI: Kregel Publications, 1978), p. 263. Spiros Zodhiates, Hebrew-Greek Key Study Bible–New American Standard (Chattanooga, TN: AMG Publishers, 1984: revised edition, 1990), p. 1583. Ibid.
  5. Lieberman: Netanyahu will establish a Palestinian state in agreement with Saudi Arabia and sell Israel's security Arab And InternationalIsraelSaudi ArabiaPalestine 2024-02-28 // 06:35 Shafaq News / Former Israeli Defense Minister, Avigdor Lieberman, said on Wednesday that Israeli Prime Minister Benjamin Netanyahu will commit to the Saudis to establish a Palestinian state in exchange for training them in their nuclear program. Lieberman added in a press interview, “The nuclear program will put the entire Middle East in a crazy nuclear race with Netanyahu’s approval.” He pointed out that "Netanyahu just wants to brag about concluding an agreement with the Saudis," adding, "Netanyahu will establish a Palestinian state and sell Israel's security." In 2016, Lieberman drafted an 11-page document warning of Hamas’ plans to storm the Gaza Strip, invade communities in southern Israel, and launch massacres and take hostages. The document, parts of which were published by Yedioth Ahronoth newspaper last October, warned of plans related to the October 7 attack, and indicated that Israeli officials had been aware for several years of the possibility of such an attack launched by Hamas, but they apparently did not take the matter seriously. Grandpa. Lieberman repeatedly held Netanyahu responsible for failing to confront the October 7 attack and deal with the consequences of the explosive war in the Gaza Strip. https://www.shafaq.com/ar/عربي-ودولي/ليبرمان-نتنياهو-سيقيم-دولة-فلسطينية-بالاتفاق-مع-السعودية-ويبيع-من-سرا-يل
  6. Basra crude prices rise with a global decline in oil EconomyBreakingTo RiseRaw Basra 2024-02-27 // 22:38 Shafaq News / Basra Heavy and Medium crude prices rose on Wednesday, despite the decline in oil prices in global markets, and news that OPEC+ may extend production cuts in the second quarter of 2024. Basra Heavy crude prices rose $1.01 to reach $77.7, and Basra Medium crude prices rose $1.01 to reach $80.37. Global oil prices fell as the possibility of delaying the cycle of US interest rate cuts and the rise in US crude inventories outweighed the support they received on Tuesday from news that OPEC+ may extend production cuts. https://www.shafaq.com/ar/اقتصـاد/ارتفاع-سعار-خامي-البصرة-مع-انخفاض-النفط-عالميا
  7. The Central Bank of Iraq reveals an increase in bank deposits and credit EconomyCentral Bank Of IraqBank Deposits 2024-02-28 // 02:51 Shafaq News / The Central Bank of Iraq revealed, on Wednesday, that the volume of deposits in the banking sector had increased to more than 180 trillion dinars, as well as an increase in bank credit to 69 trillion dinars, indicating that the volume of foreign cash reserves had reached 148 trillion dinars. The Deputy Governor of the Bank, Ammar Hamad, said during a speech at the Finance and Banking Services Conference in Iraq, attended by a Shafaq News Agency correspondent, that “The Central Bank of Iraq faced all challenges with high responsibility and was able, through various monetary policy tools and its correct decisions, to achieve its goals set forth in its law, which is the main goal.” Achieving stability in the general level of prices through a decrease in the inflation rate since the beginning of 2023 from 7% to 4% at the end of last year and activating various monetary policy tools, in addition to issuing various financial instruments, including bank transfers and Islamic certificates of deposit instruments.” He added, "These Islamic securities and certificates of deposit were considered an investment opportunity for Islamic and commercial banks operating in Iraq, in addition to using various monetary policy tools, including raising the mandatory reserve ratio from 15% to 18%. The purpose of all these tools was to manage excess liquidity in the Iraqi economy." ". He continued, "In addition, during the past year there was a clear growth in most monetary changes, for example the increase in the volume of deposits in the banking sector from 129 trillion dinars last year to 131 trillion dinars, as well as the increase in private sector deposits in the banking system from 54 trillion dinars to 55 trillion dinars." Trillion dinars. Hamad also pointed out “an increase in the volume of credit in the banking sector from 60 trillion to 69 trillion dinars in 2023, as well as an increase in the completion of the private sector from 35 trillion dinars to 40 trillion dinars, in addition to an increase in the volume of foreign cash reserves from 140 trillion dinars to 148 trillion dinars.” ". He stressed that "the efforts led by the Central Bank of Iraq in cooperation with the government, especially with regard to the use of electronic payment tools, and there was a clear rise and growth in electronic payment tools in Iraq. For example, the number of POS points of sale increased from 10 thousand devices in 2023 to more than 20 thousand devices, and the number of ATM machines increased from 2,223 devices to about 3 thousand devices, and as for the various cards, their number increased from 15 million cards to 18 million cards, and the number is increasing.” Hamad pointed out that "the past year witnessed great cooperation between the government and the Central Bank, especially with regard to enhancing confidence in the national currency through various decisions issued by the Council of Ministers and the Central Bank, and we notice that there is less use of foreign currency in daily transactions, in contrast to increased reliance on The national currency in local transactions” He stated that "the use of electronic payment tools has been enhanced and expanded, as well as the development of private banking institutions to build sound and sound banking institutions, and the Central Bank of Iraq emphasizes the importance of enhancing commitment to compliance standards for all financial institutions in accordance with local and international standards." He added, "External transfer operations witnessed great discipline during the past year, and a high response from all banks to facilitate the operations of financing foreign trade and various external transfers, especially after the issuance of external transfer controls at the beginning of 2023. The Central Bank of Iraq was also able to strengthen its banking relationships with a number of... A large number of Arab and foreign financial and banking institutions will open wider areas to ensure a high flow of external transfers, especially the use of different channels for external transfers in different currencies other than the dollar or in addition to the US dollar. Hamad explained, “The Central Bank seeks to strengthen banks by increasing their capital from 250 billion dinars to 400 billion dinars, and this increase will last until the end of the current year.” He stated that "one of the most important projects launched by the Central Bank of Iraq last year and work is still underway during the current year is the establishment of Riyada Bank, which will specialize in providing financing for small and medium enterprises and preparing a national strategy for banking purposes due to the importance of the financial depth of the Iraqi economy and the importance of the role of finance in enhancing Production and investment opportunities in Iraq. He concluded by saying, “This also aims to strengthen the role of non-banking financial institutions that support financial and banking stability in Iraq by strengthening the role of the Deposit Guarantee Company as well as the Loan Guarantee Company, in addition to starting to establish the National Company for Electronic Payment Systems, and we believe that this company will have a major role.” "Very important in regulating electronic payment operations in Iraq." https://www.shafaq.com/ar/اقتصـاد/البنك-المركزي-العراقي-يكشف-عن-ارتفاع-في-الودا-ع-والا-تمان-المصرفي
  8. IQD Rates - Updated: Wednesday - 2/28/2024 Shafaq News: The prices of the US dollar fell against the Iraqi dinar, on Wednesday, in Baghdad and Erbil, the capital of the Kurdistan Region, with the stock market closed. Shafaq News Agency correspondent said that dollar prices fell with the closure of the main Al-Kifah and Al-Harithiya stock exchanges in Baghdad, recording 150,850 Iraqi dinars against 100 dollars, while this morning it recorded 151,000 Iraqi dinars against 100 dollars. Our correspondent indicated that selling prices in exchange shops in local markets in Baghdad decreased, as the selling price reached 151,750 dinars for 100 dollars, while the purchase price reached 149,750 dinars for 100 dollars. In Erbil, the dollar also recorded a decline, as the selling price reached 150,750 dinars for every 100 dollars, and the purchasing price was 150,650 dinars for every 100 dollars. Have a Blessed Wednesday - Almighty GOD is Faithful..! RON
  9. CBI Currency Exchange Rates Wednesday - 2/28/2024 Currency Converter US dollar USD 1,310,000 Euro EUR 1422.136 Pound Sterling GBP 1662.128 Canadian Dollar CAD 968.863 Swiss Franc CHF 1488.806 Swedish krone SEK 127.198 Norwegian krone NOK 124.410 Danish krone DKK 190.759 Japanese yen JPY 8.701 Chinese Yuan CNY 181.987 UAE Dirham AED 356.705 Jordanian Dinar JOD 1849.499 Australian Dollar AUD 857.264 Special drawing rights SDR 1740.361 Gold for a 24-ounce Gold 2,638,529.140
  10. Foreign Currency Selling Window results for Wednesday 28/2/2024 Wednesday - February 28, 2024 Foreign Currency Selling Window results for Wednesday 28/2/2024 Announcement No.(5075) Details Amount Total amounts of transfers abroad (remittances and credits) 186,835,635 Total cash withdrawals 20,620,000 Total sale amounts 207,455,635 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.
  11. Dollar prices decline in Baghdad and Erbil with the closure EconomyErbilBaghdadU.S. DollarBreakingPrices Drop 2024-02-28 // 05:12 Shafaq News / The prices of the US dollar fell against the Iraqi dinar, on Wednesday, in Baghdad and Erbil, the capital of the Kurdistan Region, with the stock market closed. Shafaq News Agency correspondent said that dollar prices fell with the closure of the main Al-Kifah and Al-Harithiya stock exchanges in Baghdad, recording 150,850 Iraqi dinars against 100 dollars, while this morning it recorded 151,000 Iraqi dinars against 100 dollars. Our correspondent indicated that selling prices in exchange shops in local markets in Baghdad decreased, as the selling price reached 151,750 dinars for 100 dollars, while the purchase price reached 149,750 dinars for 100 dollars. In Erbil, the dollar also recorded a decline, as the selling price reached 150,750 dinars for every 100 dollars, and the purchasing price was 150,650 dinars for every 100 dollars. https://www.shafaq.com/ar/اقتصـاد/انخفاض-سعار-الدولار-في-بغداد-و-ربيل-مع-ال-غلاق-8-7
  12. 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 Wed Vinterv Article: "Iraq has completed requirements to join WTO" Quote: "...Minister of Commerce of Iraq, has confirmed that Iraq has completed the requirements to join the World Trade Organisation (WTO) after completing economic reforms and improving the business environment."
  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 Frank26 Back in 2005 Dr Shabibi said 'We aspire to bring the IQD back to the glory days of the 80's and 90's' Article: "The dinar and its three zeros - is it time to symak the dinar and return to the dinar 1980?" Dr. Shabibi, it's done..! Militia Man Article quote: "...Because accession represents and urgent priority the government seeks to meet its requirements.." Urgent priority...Whether they do it this week or not is going to be determined but I tell you what, it sure is looking like they have come a long way. This is a big set of [WTO] meetings. Walkingstick The market will definitely tell you a change is coming to the exchange rate. These are the reasons why it was so important to know what to look for next. The market can carry a dual rate. It should not but it does. It carries both rates at one time. One that is official and the one that is not. This dual pricing in the market for them to collect even more 3 zero notes. But they surpassed this goal. There is no need for a dual pricing in the market because they got a whole lot of dinars to return back... Clare Article: "The Minister of Commerce discusses in Abu Dhabi with the World Trade Organization the completion of procedures for Iraq to join the organization” Quote: “The organization is looking forward to and following the steps for Iraq’s accession carefully, given that Iraq is one of the important and powerful economies that is still outside the organization, and that Iraq’s presence within the organization’s membership will be a great added value to the organization and to the global economy.” Frank26 [Iraq boots-on-the-ground report] FIREFLY: Talked to bank friend. He said ever since July 2023 Alaq has said the deletion project is still in effect. He said there's a lot going on with this process and the joining of the WTO this week could see some type of announcement. My bank friend thinks the dinar will be stronger than it was in the 1980's. The article made it very clear that it will be. We are still stuck at 1310...we'll take $1.30. FRANK: I know it's been since last year this project to delete the zeros has been going on but the beauty of it is that it's been going on! It's real. It does exist. It's not fictitious. Your currency is very very close to having value added to your Iraqi dinar. [Post 1 of 2] 2-27-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report continued] FRANK: You citizens need this because they took the dollar away and all other foreign currency away from you...And they took almost 97% to 98% of your three zero notes off the street already. They created this giant void in your monetary structure so they could fill it in and present to you the lower notes with the new exchange rate that would match it...Your bank friend knows something is happening...IMO that is quite an improvement in the landscape of your economic and monetary reform. [Post 2 of 2] MarkZ The World Trade Organization and the IMF and World Bank are there working with Iraq for the last week or two. The WTO and Iraq are still talking about Iraq’s ascension to the WTO. Iraq has met all the markers and goals…so we are waiting on that news. Sandy Ingram Iraq and Turkey have an agreement where people and cargo can begin travel...up through Iraq...into Turkey and...into the Mediterranean Sea, which will allow...faster access to Europe. This project is expected to increase Iraq's GDP, provide thousands and thousands of more jobs and kickstart Iraq's economy foundation outside of the oil industry. Samson Article 1: "The Minister of Commerce discusses with the Director of the International Trade Center the formula for joint action and support for Iraq to obtain membership in the WTO" Article 2: "For the first time in 20 years...Iraq participates in the Ministerial Conference of the World Trade Organization" Militia Man Article quote: "Deleting the zeros...does not conflict with its value but needs educational campaigns to proceed it and a traditional period for trading the currency with zeros and the new currency to know the two currencies are equal in value." If they are going to be equal in value...a dinar is a dinar is a dinar. A dollar is a dollar. When it comes to an international stage a dinar is not a dollar, nor is a dollar a British pound or a Japanese yen. There's a difference in value. Are they one of each? Of course they are...But are they valued the same? Absolutely not... Mnt Goat ...Iraq is finally breaking the news all about the Project to Delete the Zeros. This is fantastic news but just news for now. The actual execution part is coming and I was told by my weekly call to my CBI contact in Iraq on Saturday, that it will be VERY SOON! Frank26 Article: "Does deleting the currency’s zeros affect its value? An economist explains" THE CBI IS SENDING TRUSTED ECONOMISTS TO EXPLAIN THE MONETARY REFORM EDUCATION OF DELETING THE ZEROS FROM THE EXCHANGE RATE! IMO they're about to give the citizens a new exchange rate with new lower notes to match...They already told them that process will then take that exchange rate, which will be at least 1 to 1 but I think is going to be higher, to float in the basket internationally.
  14. Added @ 1:27 PM CDT: Militia Man Article Quote: " Deleting the zeros...does not conflict with its value but needs educational campaigns to proceed it and a traditional period for trading the currency with zeros and the new currency to know the two currencies are equal in value." If they are going to be equal in value...a dinar is a dinar is a dinar. A dollar is a dollar. When it comes to an international stage a dinar is not a dollar, nor is a dollar a British pound or a Japanese yen. There's a difference in value. Are they one of each? Of course they are...But are they valued the same? Absolutely not...
  15. 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 Mnt Goat ...Iraq is finally breaking the news all about the Project to Delete the Zeros. This is fantastic news but just news for now. The actual execution part is coming and I was told by my weekly call to my CBI contact in Iraq on Saturday, that it will be VERY SOON! Frank26 Article: "Does deleting the currency’s zeros affect its value? An economist explains" THE CBI IS SENDING TRUSTED ECONOMISTS TO EXPLAIN THE MONETARY REFORM EDUCATION OF DELETING THE ZEROS FROM THE EXCHANGE RATE! IMO they're about to give the citizens a new exchange rate with new lower notes to match...They already told them that process will then take that exchange rate, which will be at least 1 to 1 but I think is going to be higher, to float in the basket internationally.
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