Wednesday Morning Opinions @ 11:55 AM CST - 2/23/2022

ronscarpa · February 23, 2022

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... RON

*** Dinar News Flash *** Articles are flowing out of Iraq announcing the UNSC unanimously voted Iraq out of chapter 7 sanctions. We hope the UNSC will make a similar announcement to confirm it. Many observers have said in the past being released from Chapter 7 sanctions could be game changing for Iraq.

** Ray Article: "What does Iraq's exit from "Article VII" sanctions mean?" Quote: "... Iraq's exit from Chapter VII will restore its legal status in the international community..."

** Samson Article: "After exiting the seventh chapter… Al-Kazemi tweets: A new beginning for Iraq to restore its role and presence" Al-Kazemi said in a tweet, “Iraq has crowned its efforts on the path of normal relations with its neighbors, brothers and the international community by closing the file of UN resolutions that resulted from the absurd adventures of the former regime, and for which our people paid harsh prices for 32 years.” [NOTE: We hope to see the UNSC make a formal announcement soon.]

** Clare Article: "The Minister of Foreign Affairs announces Iraq’s exit from Chapter VII procedures". Quote: "Iraq is no longer required to pay any additional sums of money in the future or deal with Chapter VII procedures." [NOTE: We hope to see the UNSC make a formal announcement soon.]

** Pimpy Article: "A new drop in the dollar in Baghdad...and exchange offices: the currency market is turbulent" Here we go...What they're saying is the U.S. Dollar is dropping in value against the dinar...the changes are...not huge but they're at least happening...talking about 13 dinars...I don't expect the US dollar to fall overnight although it's very possible but it is going to gradually go down...what they're trying to say here is the rumors that are floating around is that the dollar is losing its value against the dinar and a new rate change is going to be announced...