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ronscarpa
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Posts posted by ronscarpa
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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: "What are the proper notes to hold for investment purposes?" Any of the currency is okay to hold at the moment so there's no specific denomination. If they do delete the zeros or they re-denominate they're going to have whole new currencies. That's why there's no rush to try to find lower denominations because they're going to replace all of them including the lower ones. But there is a possibility that they don't re-denominate and we get lucky and they change the exchange rate and keep the zeros on the currency.
Militia Man Article: "Iraq, US to form joint team to address sanctions on Iraqi banks" Central Bank Governor Al-Alaq has worked for concessions for and on the behalf of Iraqi Banks to the UST with regard to current sanctions imposed on them.
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4 hours ago, BETTYBOOP said:
I saw 1 of Tish washes podcast earlier and she doesn't think we will see it before June.
I personally think we might not see it until September or October, for a number of reasons.
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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 [Iraq boots-on-the-ground report] FIREFLY: The next meeting with the United States of America will be held in Baghdad the television is telling us. They're coming to us now...
Clare Article: "CEO of JPMorgan Chase expresses support for Iraq” Quote: "Prime Minister Mohammed Shia al-Sudani received Mr. Jamie Dimon, the CEO of JPMorgan Chase, and his accompanying delegation on Wednesday, during his visit to the Washington DC."
Samson Article: "Al-Sudani: We have reached satisfactory solutions with the US Treasury to address the conditions of the sanctioned banks"
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Al-Awadi reveals the cost of the development road project with the Turkish side: it will be paid through the “Oil Fund”
2024-04-22 // 08:25Shafaq News / The Prime Minister’s spokesman, Basem Al-Awadi, revealed on Monday the cost of the development project announced by Prime Minister Muhammad Al-Sudani and Turkish President Recep Tayyip Erdogan, and the method of paying money to Turkish companies through an “oil” fund, in which the projects’ shares are placed. Through the Ministry of Oil, it is then sold to pay project funds.
Al-Awadi said, during a press conference attended by Shafaq News Agency correspondent, “Prime Minister Muhammad Shiaa Al-Sudani and Turkish President Recep Tayyip Erdogan signed 26 memorandums of strategic cooperation in various fields, including security, economy, investment, education, health, and other memorandums.”
He added, "The Iraqi National Security Council has described the PKK as a banned organization, and that the Iraqi-Turkish joint security committees are in continuous dialogue. Considering that the organization is banned, their presence in Iraqi territory is in the form of guests and they are not allowed to engage in partisan or political activity or military activity and are dealt with." With them as refugees under the supervision of international human rights organizations.”
He pointed out that "the Iraqi-Turkish strategic agreement signed by the Prime Minister contains a set of points, and a fund will be established in which the oil will be placed in the same manner as the Iraqi-Chinese framework, and that the oil resources will finance the project," indicating that "Turkish companies that will be announced later will work to build dams and dig... New rivers and converting some of the rivers that convert to evaporation from the river into pipes, so these are multiple projects for the coming years.”
He stated that "there are committees that will determine the amount of oil that will be placed in the fund and that the oil will be sold and its prices, which will be the basic ceiling for the projects implemented by Turkey, as they will be financed from the oil-financed fund."
In response to a question by Shafaq News correspondent, Al-Awadi said, “The cost of the development road reaches 17 billion dollars or more. Therefore, we need basic allies and countries to join the road, and this reflects positively on the economic and financial situation.”
Al-Awadi continued: “Today, Iraq signed a strategic quadripartite agreement with Turkey, Qatar, and the Emirates. This strategic agreement represents the launch of work for the development project in Iraq, and that these four parties will be the basic common ground that will bear the costs and investments, and there will be joint committees and distribute work among the four parties.”
He pointed out that, “shortly after the signing of the strategic agreement, joint committees will be allocated between the countries, and that Iraq granted the development road plan to the Italian consulting company and it has now been completed to borders beyond Baghdad, and the first section began from Basra to Nasiriyah and then from Nasiriyah to Karbala and then to Baghdad.” In terms of planning, it has been completed according to the economic model, and within a month we will move directly to the committees that determine the economic model, after which the implementation of the development road project will begin.”
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The Iraqi government informs Shafaq News of the paragraphs and steps to resolve the dispute over Kurdistan oil
2024-04-22 // 06:14Shafaq News / On Monday, Iraqi government spokesman Bassem Al-Awadi revealed paragraphs and steps to resolve the dispute over Kurdistan’s oil, stressing the Turkish side’s readiness to pump oil through the Ceyhan line.
Al-Awadi told Shafaq News Agency, "The issue of the Kurdistan Region's oil is almost settled, and the Turkish side informed Iraq more than a month ago that it is ready to pump oil through the Turkish Ceyhan pipeline, and there is no problem in pumping oil through Turkey."
He pointed out that "the problem currently is between the region and the central government, specifically the rights of companies extracting oil in the region, according to the new decisions that these companies must deal with the federal government and SOMO, and therefore there are new contracts, companies, and new negotiations. Therefore, Turkey is prepared and has informed Iraq of this." .
Erdogan arrived today, Monday, to visit Iraq after a visit he made in 2011, and the Iraqi-Turkish talks focused on security, military and economic files, in addition to expanding trade cooperation.
Turkey says it is seeking greater cooperation from Baghdad in its war against the Kurdistan Workers' Party, a file that has further strained relations between the two countries due to Turkish military operations in northern Iraq, as well as disputes over oil exports and sharing scarce water supplies.
The dispute over oil exports from the Kurdistan Region is particularly thorny, and the two sides disagree over the resumption of oil exports from a pipeline through Turkey.
After nearly a decade of seeking international arbitration, the Iraqi government won recognition of its right to control oil exports, and Ankara was ordered to pay $1.5 billion in compensation for transporting them without Baghdad's approval. In protest, Ankara closed the export pipeline.
Ankara later began maintenance work on the pipeline, which contributes about 0.5% of global crude oil supplies. The two countries agreed to wait until the pipeline maintenance assessment is completed to resume flows while they continue to engage in a legal battle over the arbitration awards.
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IQD Rates - Updated: Monday - 4/22/2024
Shafaq News:
The prices of the US dollar fell against the Iraqi dinar, on Monday, 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 147,300 Iraqi dinars against 100 dollars, while dollar prices this morning recorded 147,700 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 148,250 Iraqi dinars for 100 dollars, while the purchase price reached 146,250 dinars for 100 dollars.
In Erbil, the dollar also recorded a decline, as the selling price reached 147,200 dinars for every 100 dollars, and the purchasing price was 147,100 dinars for every 100 dollars.
Have a Blessed Monday - Almighty GOD is Faithful..! 
RON
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CBI Currency Exchange Rates
Monday - 4/22/2024Currency Converter
US dollar USD 1,310,000 Euro EUR 1398.949 Pound Sterling GBP 1634.684 Canadian Dollar CAD 951.758 Swiss Franc CHF 1441.461 Swedish krone SEK 120.216 Norwegian krone NOK 118.636 Danish krone DKK 187.486 Japanese yen JPY 8.487 Chinese Yuan CNY 180.954 UAE Dirham AED 356.705 Jordanian Dinar JOD 1850.282 Australian Dollar AUD 844.688 Special drawing rights SDR 1725.126 Gold for a 24-ounce Gold 3,091,725.910 -
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Foreign Currency Selling Window results for Monday 22/4/2024
Monday - April 22, 2024Foreign Currency Selling Window results for Monday 22/4/2024
Announcement No.(5109)
DetailsAmountTotal amounts of transfers abroad (remittances and credits)266,199,301Total cash withdrawals7,940,000Total sale amounts274,139,301Note:
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The price of selling amounts of credits and international settlements for electronic cards is (1310) dinars per dollar.
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The selling price of remittances abroad is (1310) dinars per dollar.
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The cash selling price is (1305) dinars per dollar.
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Dollar prices decline in Baghdad and Erbil with the closure
2024-04-22 // 06:28Shafaq News / The prices of the US dollar fell against the Iraqi dinar, on Monday, 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 147,300 Iraqi dinars against 100 dollars, while dollar prices this morning recorded 147,700 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 148,250 Iraqi dinars for 100 dollars, while the purchase price reached 146,250 dinars for 100 dollars.
In Erbil, the dollar also recorded a decline, as the selling price reached 147,200 dinars for every 100 dollars, and the purchasing price was 147,100 dinars for every 100 dollars.
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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
Tishwash ali-alaq did give a speech this morning. Quote: "Regarding the issue of financial reform in Iraq, Al-Alaq explained, “Iraq has a multi-faceted program in this framework, as the first aspect is harmony, adaptation, the adoption of international standards in financial transactions..."
Militia Man Al-Sudani has rocked it. They showcased this country like they've never done before. We've never seen this. Anybody that's been in this investment since 2003 has never witnessed what we're witnessing today... If they were going to come out at 1310 dinar to try to do all the things they're doing right now the world would be just like they were in Kuwait - crickets. This is powerful. Wonderful.
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- 5 min read https://www.givehim15.com/post/april-22-2024
April 22, 2024
Introduction
In this hinge year, we are moving ever closer to the greatest Kingdom advancement Earth has ever experienced. Yes, darkness is covering much of the earth. But God said that would be the time when His glory would rise upon us, drawing many people to the BRIGHTNESS of the light (Isaiah 60:1-3). Our friend Gina Gholston speaks of this in today’s post.
The Heavyweight
At the beginning of this year, the Lord told me that 2024 would be a year of His “revealed glory.” Revealed glory indicates that undeniable evidence of His nearness will be seen and experienced. It is more than just intellectual knowledge regarding the existence of God. Revealed glory is indicative of experiential knowledge that comes by way of demonstration of His undeniable power and manifested presence.
Habakkuk 2:14 declares that the time is coming when “the earth shall be filled with the knowledge of the glory of the Lord, as the waters cover the sea.” This scripture prophesies a time when the knowledge of the glory of the Lord will be so widespread that it will be unavoidable and undeniable. The incomparable magnificence of God will flood the atmosphere to such a degree that no one and nowhere will be devoid of the knowledge of His nearness and power. I believe we have entered that era.
This prophetic promise is cause for rejoicing among the people of God, but it is also a call to attention. The Church is being called to operate in the highest level of her purpose, shining with the light of Christ’s glory and revealing Him (see Colossians 1:27). It is through us that God will show Himself strong and make Christ known.
God is not in a panic, trying to come up with a response to the evil operating in our world. His plan has already been set into motion. From the book of Esther, we learn that God works ahead of time to position and set into motion things that must align for a set time. When the set time comes, regardless of how things may appear, God’s plan and intentions will push forward and prevail. Long before Haman plotted his evil scheme against God’s people, God already had Mordecai and Esther in position for His redemptive plan to be fulfilled. When the plot was announced, Haman rejoiced in only a short-lived victory because the revealed workings of God’s plan overturned his plan and changed everything.
Long before the chaos in our nation began, God was already positioning and equipping His Ekklesia. Because of His work ahead of time, His redemptive plan for America will be set into motion and fulfilled in this set time! Though the wicked may rejoice for a moment, we can be confident that God’s plan will overturn the enemy’s schemes. He will work, and no one will reverse what He has done and will do. God’s Ekklesia will move with great triumph as the knowledge of His glory is revealed in undeniable ways.
I recently heard the Lord say, “I am pulling out all the stops.” Hidden things used in past seasons to block God’s people are now being dislodged and dealt with. It doesn’t mean that all will be easy or that hell is just going to retreat. It means God has empowered us with Holy Spirit’s supernatural ability to work with Him, releasing His Kingdom and will.
It is by Holy Spirit’s enabling power and leading that we can participate in the callings and purposes of God for our lives. Paul teaches us in 1 Corinthians 2, that Holy Spirit reveals to us the deep thoughts and wisdom of God. As He imparts that wisdom to us, we are enabled to know, perceive, and do things that we otherwise would not be able to achieve on our own. As we cooperate with Holy Spirit, the evidence of God’s power and presence are then made known to those around us.
Daniel 11:32 says, “The people that know their God shall be strong and do exploits.” One definition of the word exploits is “to make full use of and derive benefit from a resource.” It indicates a supernatural ability to excel and perform mighty things as Holy Spirit operates in and through us. He is the resource from which we derive wisdom and ability from God, enabling us to advance supernaturally and see His prophesied intentions for our times come to pass.
God’s glory will be revealed. He will save America and “make things right again!” Awakening is happening! As Dutch says, “It’s here, but it’s coming.” We are experiencing it now, but the reality of its fullness will intensify to even greater degrees as His glory continues to be revealed through His triumphant Church. And His glory changes everything!
Earlier this year I had a dream that is very fitting for this post. May it enlighten and encourage us all!
In the dream, I saw children playing on a playground, and a little girl was on the teeter-totter. A huge man came and sat on the other end making her side go up in the air. The man was laughing and said, “I bet you can’t get back down!” There were others standing around looking at her, also laughing. The little girl wasn’t even phased by the bullying.
Suddenly, a massive rock came out of nowhere and was lowered into the space behind the little girl, making the balance shift suddenly and dramatically! The large man was flung completely off the teeter-totter, leaving him and the others in shock! The little girl then stepped off, dusted her dress a little, and was smiling as she walked away. Someone asked her, “What happened? How did it shift so suddenly?” The little girl said, “It was the rock. The rock made me heavier!”
The enemy does not hold the advantage in influencing the future of our nation. The advantage is on the side of the Church. We are in a time when God’s glory will be revealed. The Hebrew word for glory is kabod; one of its meanings is “weighty or heavy.”(1) It’s indicative of the weighty presence of God. His glory is in us and will be revealed through us. We are NOT the underdogs! We are the “dwelling place in which God lives by His Spirit” (Ephesians 2:22). The “Heavyweight” is on our side! He is showing up, things will be tilted to advance His righteous intentions, and hell’s agenda will be toppled by the weight of His presence!
*******Pray with me:
Father, Your great plan of the ages is advancing. It cannot be stopped. The prophetic promises You have spoken concerning our times have not failed, nor have they been forgotten by You. You have called and appointed Your Ekklesia to advance with Your purposes, and through us, Your glory will be revealed in this set time. We yield to You. We’re becoming more and more aware of and sensitive to the work of Holy Spirit. He is imparting divine wisdom and the ability to work with You to see Your Kingdom come and Your will established. Regardless of how things may appear in this moment, we do not surrender to despair or the taunting of hope deferred. We know You are on our side, and we are fully confident in You. You will save America. You will come and make things right again.
Our decree:
We decree that God is with us. Things are being shifted to advance His righteous intentions, and hell’s agenda is being toppled by the weight of His presence.
***********************Today’s post was shared by Gina Gholston and was taken from her book Awakening the Church to Awaken a Nation. You can find out more about Gina at GinaGholstonMinistries.org.
Click on the link below to watch the full video.
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James Strong, The New Strong’s Exhaustive Concordance of the Bible (Nashville, TN: Thomas Nelson Publishers, 1990), ref. no. 3519.
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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
Nader From The Mid East 'Everybody's like, hey Nader you're there for the announcement?' There's no announcement. There's not big screens...They're going to come out with a new exchange rate maybe a little smaller for now yes... You see they talking about changing the exchange rate again. Yeah, they're going to do it soon. We'll see what it is. It could be 1000. Remember we said 1000 and then they eliminate the three zeros... You're going to have to be patient.
Frank26 Sudani returned back to Iraq because he wanted to make a speech, but it turns out that the time was passed on and it was through Alaq. But Alaq is in the United States of America, so how can he make a speech today? [Iraq boots-on-the-ground report] FIREFLY: We believe this is a prerecorded interview by Alaq...
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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 [Iraq boots-on-the-ground report] FIREFLY: Television saying that Alaq the CBI governor is going to stay in Washington DC for a few extra days. They saying to us that he's following up on what Sudani was doing... FRANK: Now that Sudani is back he's going to start the process of explaining to you Iraqi citizens everything on how you are going to be receiving your lower notes, how you're going to use the ATM machines... accounts, maybe even the education on the coins that will be coming out eventually. You should be excited because I am!
Militia Man Article: "Member of Sudanese delegation: We will witness a rapid decline of the dollar in the coming days" When they say the rapid decline of the dollar I don't believe for a moment they're saying the dollar is going to crash. What I believe they're saying is their expectation is the dinar is going to rise. Misdirection, IMHO..! RON
Clare Article: "Vietnam central bank says it’s ready to intervene in forex market; Dong now at record low against dollar" Quote: "Intervention is possible even today, if needed, State Bank of Vietnam Deputy Governor Dao Minh Tu said at a briefing in Hanoi on Friday. The dong dropped to a record-low 25,463 per dollar on the day."
Pimpy Article: "Parliament's finance advises raising exchange rates again. Money about oil revenues?" They are talking about changing the exchange rate to 1500 for every dollar. That's the wrong direction. We don't want that to happen... I know the news is frustrating but that's what they were talking about... It's the same thing they talked about in December. So don't be surprised. Let's hope it goes in the other direction. I believe this statement was meant to be clear MISDIRECTION. we've been told they would use misdirection before any significant value increase.
RON
Frank26 Like we told you IOO he [Al-Sudani] gave orders to have the screens put up. I don't know how long it's going to take for him to make this announcement to the Iraqi citizens but I just don't see it happening much longer...
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An American plane targets a missile platform used to bomb a base in Syria
2024-04-21 // 13:07Shafaq News/ A security source reported on Sunday, an American response to the launch of missiles from Iraqi territory.The source told Shafaq News Agency: An American plane bombed the vehicle carrying missiles at the moment it was launched towards Syria in the Zumar district, north of Mosul.
The source added: Some of the missiles fell inside the Iraqi border.
A security source told Shafaq News Agency earlier: Five missiles were launched from the village of Hamad Agha in the Zammar district, northwest of Mosul, towards the American base at Kharab al-Jir base within Syrian territory.
The source continued; Heavy American aircraft were flying between the Iraqi-Syrian border within the districts of Zummar and Rabia, northwest of Mosul, against the backdrop of the missile attack that targeted the American base in Syrian territory.
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In the first attack in two months... Iraq confirms that it targeted an international coalition base in Syria
2024-04-21 // 14:58Shafaq News / The Security Media Cell confirmed, on Monday, that an international coalition base in Syria was subjected to a missile attack from within Iraqi territory.
This is the first attack on American forces and the international coalition since early February, when armed factions close to Iran in Iraq stopped their attacks on American military personnel.
This also comes after Iraqi Prime Minister Muhammad Shiaa Al-Sudani completed a visit to Washington during which he met with US President Joe Biden, as some factions linked the resumption of their operations to the results of Al-Sudani’s visit.
A statement from the cell stated that the security forces within the Western Nineveh Operations Sector, near the Iraqi-Syrian border, “began a broad search and inspection operation for outlaw elements who targeted, at 21:50 on Sunday, an international coalition base with a number of missiles deep in Syrian territory.” .
He added that the wheel from which the missiles were launched was found and burned, and the search operation is still continuing to arrest the perpetrators.
A security source told Shafaq News Agency earlier on Sunday evening that five missiles were launched from the village of Hamad Agha in the Zumar district, northwest of Mosul, towards the American base at Kharab al-Jir base within Syrian territory.
He added that American aircraft flew intensively between the Iraqi-Syrian border within the districts of Zummar and Rabia, northwest of Mosul, against the backdrop of the missile attack, before targeting the vehicle from which the missiles were launched.
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Exclusive.. The Iraqi government: A big surprise in Erdogan’s historic visit to Baghdad
2024-04-21 // 10:28Shafaq News / The Iraqi government revealed, on Sunday evening, the details of Turkish President Recep Tayyip Erdogan’s visit to the capital, Baghdad, tomorrow, Monday morning, noting that “there is a big surprise” related to the agreements and memorandums of understanding to be signed in various fields.
The government spokesman, Bassem Al-Awadi, told Shafaq News Agency, “The Turkish President’s visit to Baghdad is a historic visit, and this visit will chart a path for Iraqi-Turkish relations that did not exist previously at all. This is not an attempt to exaggerate, but rather it is real, and tomorrow’s visit is Monday.” "I will reveal this matter to everyone."
Al-Awadi added, “The visit will witness the signing of two agreements, in addition to approximately (25) memorandums of understanding, and these will advance the nature of Iraqi-Turkish relations, and there is a big surprise during the visit, especially with regard to the water file, and those agreements and memorandums will focus on security, the economy, and the path to development.” ".
He explained, "Erdogan's visit to Baghdad tomorrow, Monday, is of great importance, especially since it is his first visit in 13 years, and the visit was worked on by various joint committees throughout the past year, in order to arrange the papers in the economic and security files and in the development road project."
The Iraqi government spokesman confirmed, "Tomorrow, Monday, will be an important day in shaping the nature of relations between Baghdad and Ankara, and there will be a surprise and signed agreements that are the first of their kind between the two countries."
Informed sources told Shafaq News Agency that Erdogan will sign about 37 multifaceted memorandums of understanding, the most important of which is the strategic framework memorandum for cooperation between the two countries, from which five committees are divided, as follows: security, water, economic, energy, and transportation.
Erdogan is visiting the capital, Baghdad, after a visit he made in 2011, and the Iraqi-Turkish talks focus on security, military and economic files, in addition to expanding trade cooperation.
Turkey says it is seeking greater cooperation from Baghdad in its war against the Kurdistan Workers' Party, a file that has further strained relations between the two countries due to Turkish military operations in northern Iraq, as well as disputes over oil exports and sharing scarce water supplies.
The dispute over oil exports from the Kurdistan Region is particularly thorny, and the two sides disagree over the resumption of oil exports from a pipeline through Turkey.
After nearly a decade of seeking international arbitration, the Iraqi government won recognition of its right to control oil exports, and Ankara was ordered to pay $1.5 billion in compensation for transporting them without Baghdad's approval. In protest, Ankara closed the export pipeline.
Ankara later began maintenance work on the pipeline, which contributes about 0.5% of global crude oil supplies. The two countries agreed to wait until the pipeline maintenance assessment is completed to resume flows while they continue to engage in a legal battle over the arbitration awards.
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Russia's investments in Iraq exceed $19 billion and efforts to achieve the "development path"
2024-04-21 // 02:41Shafaq News / A report issued in Moscow, on Sunday, revealed that cooperation at the energy level and logistical operations now occupies the top of the joint agenda between Russia and Iraq.
In mid-April, the Primakov Center for Foreign Political Cooperation in Moscow issued a report in which it stated that Iraq is important to Russia, whether from the point of view of trade and economic relations or in the context of its regional policies in West Asia, pointing out that “Moscow has stable relations with the spectrum.” full of Iraqi political forces.
In the economic part of the report entitled “Russia and Iraq: Resilience in Conditions of Regional Instability,” its author pointed out: Orientalists Ruslan Mamedov and Grigory Lukyanov noted that Russian oil and gas companies were playing an important role in Iraq even before the American invasion in 2003.
Today, the most prominent Russian projects in the field of energy in Iraq are the investments of the largest private Russian oil company Lukoil in the West Qurna-2 project, the project of the Russian gas giant “Gazprom” in the Badra field, and the project of the largest Russian oil company “Rosneft” (governmental). In the Kurdistan region of Iraq. The total value of Russian investments in Iraq is estimated at more than $19 billion, most of which are concentrated in the energy sector, according to the report.
Last October, Russian President Vladimir Putin received Iraqi Prime Minister Muhammad Shiaa al-Sudani in Moscow, who also participated in the activities of the "Russian Energy Week."
During the plenary session of the forum, Al-Sudani confirmed that the two sides are discussing achieving harmony between the Russian “North-South” land corridors and the Iraqi “development road,” which may constitute an alternative to the Suez Canal for transporting goods from India and the Gulf region to Europe.
However, the report's authors acknowledged that implementing the development road project faces risks such as deteriorating security conditions in Iraqi areas far from the center of the country, internal political instability, and regional competition. In 2023, Baghdad presented the development road project, which includes railways and highways linking the regions of southern Iraq to Turkey. As for North-South, it is an ambitious land transport project to connect Asian countries with Europe via Russia via highways and railways.
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The Governor of the Iraqi Central Bank reveals the amount of the bank’s reserves of dollars and gold
2024-04-20 23:03Shafaq News / The Governor of the Central Bank of Iraq, Ali Al-Alaq, revealed the amount of the bank’s reserves of US dollars and gold.
Al-Alaq told the CNBC Arabic website that the Central Bank has a foreign reserve of more than 100 billion dollars, indicating that the bank’s gold reserves amount to more than 130 tons, most of which are located in England.
Speaking about Iraqi foreign trade, Al-Alaq pointed out that the volume of trade with the UAE amounts to 17 billion dollars and is paid in UAE dirhams, pointing out that the First Abu Dhabi Bank is the one responsible for the trade transfers in UAE dirhams.
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IQD Rates - Updated: Sunday - 4/21/2024
Shafaq News:
Shafaq News Agency correspondent said that dollar prices rose with the closure of the main Al-Kifah and Al-Harithiya stock exchanges in Baghdad, recording 147,400 Iraqi dinars against 100 dollars, while dollar prices this morning recorded 147,200 Iraqi dinars against 100 dollars.
Our correspondent indicated that selling prices in exchange shops in local markets in Baghdad rose, as the selling price reached 148,500 Iraqi dinars for 100 dollars, while the purchase price reached 146,500 Iraqi dinars for 100 dollars.
In Erbil, the dollar also recorded an increase, as the selling price reached 147,350 dinars for every 100 dollars, and the purchase price was 147,250 dinars for every 100 dollars.
Have a Blessed Sunday - Almighty GOD is Faithful..! RON
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Dollar prices rise in Baghdad and Erbil with the closure
2024-04-21 // 06:14Shafaq News / The prices of the US dollar rose against the Iraqi dinar, on Sunday, in Baghdad and Erbil, the capital of the Kurdistan Region, with the stock market closed.
Shafaq News Agency correspondent said that dollar prices rose with the closure of the main Al-Kifah and Al-Harithiya stock exchanges in Baghdad, recording 147,400 Iraqi dinars against 100 dollars, while dollar prices this morning recorded 147,200 Iraqi dinars against 100 dollars.
Our correspondent indicated that selling prices in exchange shops in local markets in Baghdad rose, as the selling price reached 148,500 Iraqi dinars for 100 dollars, while the purchase price reached 146,500 Iraqi dinars for 100 dollars.
In Erbil, the dollar also recorded an increase, as the selling price reached 147,350 dinars for every 100 dollars, and the purchase price was 147,250 dinars for every 100 dollars.
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CBI Currency Exchange Rates
Sunday - 4/21/2024Currency Converter
US dollar USD 1,310,000 Euro EUR 1398.949 Pound Sterling GBP 1634.684 Canadian Dollar CAD 951.758 Swiss Franc CHF 1441.461 Swedish krone SEK 120.216 Norwegian krone NOK 118.636 Danish krone DKK 187.486 Japanese yen JPY 8.487 Chinese Yuan CNY 180.954 UAE Dirham AED 356.705 Jordanian Dinar JOD 1850.282 Australian Dollar AUD 844.688 Special drawing rights SDR 1725.126 Gold for a 24-ounce Gold 3,091,725.910 -
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Foreign Currency Selling Window results for Sunday 21/4/2024
Sunday - April 21, 2024Foreign Currency Selling Window results for Sunday 21/4/2024
Announcement No.(5108)
DetailsAmountTotal amounts of transfers abroad (remittances and credits)263,787,705Total cash withdrawals13,230,000Total sale amounts277,017,705Note:
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The price of selling amounts of credits and international settlements for electronic cards is (1310) dinars per dollar.
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The selling price of remittances abroad is (1310) dinars per dollar.
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The cash selling price is (1305) dinars per dollar.
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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
Breitling LOP...people that are smart, economist, get this wrong. The underlying definition is hyperinflation. How do people fight it? By removing the zeros. Nothing wrong with that. It's smart. But it's hyperinflation. People will point out incorrectly, look at Iraq... The best analysis I've read is that it [the dinar] was worth at it's height 2.25 to the U.S. dollar... Iraq has never had a customer problem. That's where you find the hidden value in this investment. It's not hyperinflation... [Post 1 of 2....stay tuned]Breitling There is inflation but it's 100% policy based inflation. You had this currency that was worth a lot of money... What was their number one export? Energy. Then war came along. You had war inflation. But did Iraq's customer base change? No. Did their oil producing output change? No, it went up. That's where you're going to find the value. That's where the value is coming from. That's it. [Post 2 of 2]
Nader From The Mid East Sudani just got back home. Let's see what decision he's going to make. Let's see what he's going to say about his visit to United States. Let's see if they give him full control of the government and the banks and all that stuff... I'm waiting for him on Monday come out and say, 'Okay, we have control of everything, the coalition is going to go out soon. It's leaving soon. We control our banks. We have no more punishments.' From then we see.
Deepwoodz Article: "Al-Sudani: Iraq is witnessing a new reality today in the private sector" MOU’s and Sovereign Guarantees…impossible without sovereign currency that has purchasing power. We’ve learned Iraq's contracts have recently been adjusted so that payment is made in dinar... If so, contracts in the billions... paid in dinar, would require assurances that the exchange rate would not move in a negative direction... It may even go so far as to give an exchange rate. If the rate were to move negatively, the foreign contractors would lose out because the value of the agreed upon amount in reflection to their home currency would also be less. That’s a no go... Sounds freakin fantastic.
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From Midnight Last Night 4/20/2024:
Frank26 It seems to me the pattern of these bank stories that I've been receiving are changing more in the direction that, 'Yeah, we know. We don't know when. We don't know what to tell you. We don't know how much...but yeah we know what's going on.'
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Monday Night Opinions @ 11:05 PM CDT - 4/22/2024
in Dinar Rumors
Posted
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 [Iraq boots-on-the-ground report] FIREFLY: Television says that from the CBI the United States of America reconstruction on Iraqi banks will be lifted soon. FRANK: That is a powerful statement...They're already lifted. It just has to be made official...
Clare Article: "Al-Alaq reveals the Central Bank’s reserve... in dollars and gold" Quote: “The Central Bank has a foreign reserve of more than 100 billion dollars...We have gold reserves of more than 130 tons, most of which are located in England."