RV UPDATE BY CLARE, 2 AUGUST

 Clare 

 Article: "By names and addresses.. Details of the arrest of 8 main suspects in the theft case of the century"  [Find Name & Companies in original article] 

 1- Total stolen amounts nine hundred and eighty-two billion dinars from the tax deposit account 

2- Stolen amounts two trillion two hundred and eighty-three billion Iraqi dinars

 3- stolen funds / one trillion one hundred and eighty-five billion two hundred and twenty million 

4- Stolen funds / six hundred and seven billion Iraqi dinars 5- Stolen funds / six hundred Twenty-four billion Iraqi dinars

 6- Position: Office of the former Prime Minister Stolen funds: Four hundred and ninety-seven billion Iraqi dinars

 7- Stolen funds: one hundred and twenty-four million US dollars 8- [Unknown total]

  Clare 

 Article: "He is 19 years old and the most important of 150 suspended laws... Will the powers give up the 'golden paper' in oil and gas legislation?"   

Quote:   "The Parliamentary Oil and Gas Committee expressed, today, Sunday, its 'optimism' about the imminent approval of the Oil and Gas Law, which has been suspended for 19 years,"

Clare  

Article: "The US Federal Reserve adopts a new strategy towards Iraq.. The dollar is threatened with rising to unprecedented levels" 

 Quote: "The Federal Bank has detected political influences from the Iraqi government..

.The US Federal Reserve will not be able to wait forever, and it is expected that there will be federal measures that may occur at any moment, and there will be a sudden and large demand for the dollar, which will lead to a decrease in the value of the Iraqi dinar against the dollar, which will generate great pressure on the Iraqi banking system, the Iraqi economy and the official political system."

Article:   "Iraqi banking system..A significant increase in the number of bank accounts and the volume of deposits for citizens"  

Quote:  "The banking system in Iraq is gradually regaining citizens’ confidence...In Iraq, economic and political challenges over the decades have provided a strong justification for keeping money at home rather than in banks.  

However, the accession of the Iraqi Deposit Insurance Corporation (ICDI) to the International Association of Deposit Insurers was a decisive step in improving confidence in the banking system. 

Since its accession, Iraq has witnessed a significant increase in the number of bank accounts and the volume of deposits...This development enhances Iraq’s ability to attract investment and support economic growth by converting savings into productive investments."

https://dinarevaluation.blogspot.com/2024/07/rv-update-by-clare-30-july.html