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The Private Sector Is The Only Path To Economic Stability.


Luigi1
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Here's some articles of Dinarian interests...

The Private Sector Is The Only Path To Economic Stability.

The Private Sector Is The Only Path To Economic Stability.

Wealthy Iraqis are refusing to pay back their loans.

Treat as rumors.  Not verified.  Your opine.

 

 

 

From Other Sources:                Politician: The Private Sector Is The Only Path To Economic Stability.

ARTICLE:  Political affairs expert, Osama Al-Saeedi, confirmed that Iraq's exit from American hegemony over its economy will take a long time.

 

Al-Saeedi said, in a televised interview followed by Mawazine News, that “PM Muhammad Shiaa Al-Sudani traveled to Washington in order to correct the economic & development relationship with the United States of America in order to advance the Iraqi reality.”

 

He added, "Muhammad Shiaa Al-Sudani is acting realistically with the United States of America regarding the security file, because America has previously stated that its forces will not withdraw from Iraqi territory unless guarantees are provided by the Iraqi side."

 

He pointed out that "the occupation of Kuwait carried out by the fallen regime of Saddam Hussein brought Iraqi funds into the American Federal Reserve, pointing out that the issue of Iraq's exit from American control over its economy requires a long time that may take 5 years."

 

 

 

 

From Other Sources:                Parliamentary Finance: The Private Sector Is The Only Path To Economic Stability.

ARTICLE:  The Parliamentary Finance Committee announced, on Tuesday, its intention to host the Governor of the Central Bank, Ali Al-Alaq, to discuss three main files, while indicating that the private sector is the only path to economic stability.

 

The head of the committee, Atwan Al-Atwani, said in a statement reported by the official news agency, and seen by Al-Iqtisad News, that “the PM directed support for private banks,” indicating that “the committee intends to host the Governor of the CBI regarding this directive, as well as the issue of the Dollar exchange rate & discussing what Adopted by the Finance Committee of the Sustainable Development Project.

 

He explained, "The committee adopted enhancing non-oil revenues, as there is an urgent need for development projects & increasing revenues, given that the price & quantity of oil are fixed, so there is no expansion in spending," noting that "this experience will be discussed with the Governor of the CBI."

 

 

 

From Other Sources:                      Influential People Are Manipulating The Reputation Of The Banking Sector, Refusal To Pay Debts Threatens The First Bank In Iraq.

ARTICLE:  On March 15, the banking sector in Iraq received a major blow caused by cooperation & collusion with influential people, which led to significant damage to one of the most important banks & ranked first among the rest of the Iraqi banks, which is the Trade Bank of Iraq (TBI).

 The Iraqi Trade Bank is the first Iraqi bank ever to be included in Fitch’s credit rating, which relates to the extent of the bank’s safety in borrowing and lending.

 

 The bank obtained the rating in 2018 as the first Iraqi bank to obtain this rating & its rating at that time was within the B range, which enjoys stable safety.

 

 After this achievement, borrowers from the Iraqi Trade Bank failed to repay the borrowing money they owed, which caused the Iraqi Trade Bank’s rating to be reduced by Fitch Credit Rating Agency from B- to CCC+, bringing the bank’s rating down for the first time to this level, after many people declined.

 

 Powerful borrowers are able to repay funds to the Trade Bank of Iraq.  The debts owed by these influential borrowers to the bank amounted to one billion Dollars & while the current administration of the Iraqi Trade Bank moved to file lawsuits & seize the movable and immovable funds of the debtors who are reluctant to pay & they are influential figures & these influential people began to take ways to “circumvent” the law, to refrain from... Payment, which threatens to lose the bank’s money, which it cannot recover.

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Here's an article of Dinarian interests...Where's US leadership, where's OBiden?  Iran threatens to disrupt stability in the region...this may have a direct affect on the RV or even put it on hold, indefinitely...your thoughts?

 

 

From Other Sources.            A Massive & Harsh Response.

ARTICLE:  Iran's president issues stark warning to Israel as tensions reach boiling point after brazen attack.

'Nothing would remain': Iran's president vows to completely destroy Israel if it launches ‘tiniest invasion’

On Saturday, Israel successfully intercepted nearly hundreds of missiles and drones that Iran launched.

 

Read full article at source:  Google key words in title.

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Here's another article related to the above...the Dollar crisis will be resolved...

 

 

Clare:               The Dollar Crisis Is The Number One Priority.

Article 1 “Kurdish MP: Sudanese success in the Dollar crisis is the most important step in his visit to Washington.” 

Article 2 “Allawi: The PM’s dialogues with the UST will address the government’s steps in financial reform.“

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Here's another article related to the above...Iraqi banks talks are on the table with the UST...

 

 

Frank26 via Iraq-Boots-On-The-Ground Report via FIREFLY:             Bank Talks.

ARTICLE:  Television is showing the CBI governor & team is meeting with the United States of America Treasury Department about the Iraq banks saying it’s about the rehabilitation of these banks to the UST regulations.  Talking about those banks are needed for the reform to maximize.  

FRANK:  Didn’t I tell you these 28 banks are the key part of the reinstatement?  But that would be internally.  Externally that’s like Aki [Walkingstick’s banking friend in the U.S.]& the private banks.

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Here's our dose of daily humor...

 

 

MarkZ  Update- Some highlights by PDK-Not verbatim.

THREAD:

 

Member: Good morning Mark Andy & the rest of you fantastic & highly intelligent people.

Member: April 17, 1970- Apollo 13 Returns to Earth.

Member: Wolvie states Reno & Hong Kong have received notifications....

Member: Is it true people have started to get notifications?

MZ: Its confusing….& most of my sources have gag orders right now. Some have actual NDA’s & some of them are being leaned on by leadership to not say anything. Especially with groups.

MZ: With so many people being leaned on to stay quiet- I think this is fantastic news.

Member: I’m liking the sound of all of this pressure to not talk!

MZ: With some contacts I am going straight to voicemail which means their equipment is turned off. To me this is an excellent sign.

MZ: So it appears we are close to the finish line.my Iraqi sources seem to think so.

Member: Mark any truth to rumors of RV started in parts of the world like Brazil?

Member: Rumors also say Nesara starts next weekend.

MZ: Noone knows the timing……but that may be a bit premature.

Member: mark, do all of the bond holders need to be paid before all of the rest of the currency holders RV?

Member: Mark said yesterday that one third to one half of bond deals need to have started before we go.

Member: Sudani has his country setting up big screens for his big announcement. Maybe this is it -even if Iraq goes alone at first?

Member: We might be able to get by -if Iraq goes alone.

Member: Bruce said last night that his bond contacts are also going silent...

Member: Frank's bank story mentioned a wealth manager said "Dinar Revaluation is SCHEDULED". That says to me some people know the day.

Member: Hey Mark, I’m hearing that the USN needs to be officially released before things get started. How far away do you think that event really is??

Member: If true it seems to be a big secret.

Member: Why would the good guys put us through another April 15th???? Makes no sense

Member: Makes sense if there are no good guys…I believe white hats are a myth………that makes me very sad.

Member: Maybe we will get taxes back if Nesara starts soon?

Member: Remember that the Shot Heard Round the World happened on April 19th, bringing on the 1st American Revolutionary War! I think that they have called this the 2nd Revolutionary War & the 19th is Friday.

Member: Mark, thanks as always for all you bring to this community.

 

 

 

 

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Sanctions: We ain't going to take it anymore...

 

 

From Other Sources:               We reject the term sanctions,& Iraq is financially independent.

ARTICLE:  Representative Firas Al-Muslimaoui spoke today, Wednesday, about the existence of banking reforms in the economic sector coinciding with the PM’s visit, noting that the term “sanctions” is used for occupied countries & this is what we condemn.

 

 

Al-Muslimaoui said in a statement to the Maalouma Agency, “The Prime Minister’s visit to America will prevent them from launching the term sanctions on Iraqi banks in the future,” noting that “Iraq is taking reform steps in the economic banking aspect & this is what all countries of the world praise.”

 

He continued, “The American administration must reconsider the term sanctions because Iraq has financial and political independence and they have no right to interfere in internal banking affairs.”

 

It is noteworthy that America imposed sanctions on 34 Iraqi banks under various pretexts & that Al-Sudani’s visit to Washington discussed this file, while observers of economic affairs believe that the sanctions reduce the citizen’s confidence in banking & move towards moving away from it.

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Here's another article related the above...Iraq attempts to de-dollarize...

 

KTFA via Don961:            Attempts To Reduce Dollarization.

ARTICLE:  Muhammad Sharif Abu Maysam: We often witness a state of monetary instability in the economies of developing countries that suffer from structural imbalances, or countries that are going through stages of adaptation as they move from the state economic system to the market economy in light of economic globalization, which contributes to the emergence of informal currency exchange markets.  Foreign exchange, & the USD is usually the most traded in those markets as a suitable haven for price value from ER  fluctuations.

 

Because of the dominance of the Dollar in all global commodity & service market exchanges, demand for it increases with the aim of financing foreign trade in countries that suffer from the inability to meet the needs of the local market for basic goods.  Monetary & financial disruptions usually contribute to the adoption of the Dollar alongside the local currency & then it replaces it.

 

Little by little, it will take up more space in exchanges & trades unless the matter is remedied & the imbalances are addressed.

 

Otherwise, the country’s currency will lose its usefulness as a means of exchange, so it becomes Dollarization that contributes to perpetuating inflation, economic instability & the difficulty of addressing imbalances as a phenomenon supported by the data of globalization.

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HOT:  Here's another article related to the above...CBI auctions benefiting Iran comes to an end...

 

 

Samson:             End Of An Era.

Article:  ”After 21 years of the Dollar auction... Iraq is close to closing the window amid reassurances & warnings"

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3 hours ago, cutter73 said:

Has anyone ever tried to watch these TV Stations?   Boy...:facepalm3:

 

 

 

Frank26 via Iraq-Boots-On-The-Ground Report via  FIREFLY:       As Seen On Iraqi TV.

ARTICLE:  Reported on our television...Part of the government delegation saying we will witness a rapid drop in the Dollar in the coming days. 

FRANK:  Whoop there it is! ...They're about to put up those screens to show you the lower notes when Sudani returns.

 

NOTE:  F26 always says seen on Iraqi TV yet nobody reports it or verified it is actually on TV.

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1 hour ago, Luigi1 said:

HOT:  Here's another article related to the above...CBI auctions benefiting Iran comes to an end...

 

 

Samson:             End Of An Era.

Article:  ”After 21 years of the Dollar auction... Iraq is close to closing the window amid reassurances & warnings"

how many times have we heard this? believe it when it happens...but that would mean they'd actually have to so something so don't hold your breath!

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3 hours ago, Luigi1 said:

 

Frank26 via Iraq-Boots-On-The-Ground Report via  FIREFLY:       As Seen On Iraqi TV.

ARTICLE:  Reported on our television...Part of the government delegation saying we will witness a rapid drop in the Dollar in the coming days. 

FRANK:  Whoop there it is! ...They're about to put up those screens to show you the lower notes when Sudani returns.

 

NOTE:  F26 always says seen on Iraqi TV yet nobody reports it or verified it is actually on TV.

I'm that idiot that googled Iraqi TV. 🤦‍♀️🤯

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