Sunday, September 15, 2024

LATEST BY SANDY INGRAM, 15 SEPT

 Sandy Ingram 

 The belief of a $3.00 to 1 Iraqi dinar is unreal.  Even $1.00 to 1 Iraqi dinar is a serious stretch...An increase to $0.10 to 1 Iraqi dinar would be greatly appreciated.  We would then hope the value would increase from $0.10.  Most...would receive a 5 to 6 figure US dollar payout if the currency went to $0.10...

Summary

Iraq’s Development Road Project aims to enhance trade and economic growth, potentially increasing the value of the Iraqi dinar for investors.

Highlights

  • ๐Ÿšง Development Road Project designs completed.
  • ๐ŸŒ Project connects Iraq to Turkey, UAE, and Qatar.
  • ๐Ÿš„ Rail network to have initial capacity of 3.5 million tons.
  • ๐Ÿ“ˆ Expected to boost Iraq’s GDP and dinar value.
  • ๐Ÿค Regional and European countries eager to invest.
  • ๐Ÿ—️ Job and investment opportunities will arise.
  • ๐Ÿ›ฃ️ Aims to compete with Egypt’s Suez Canal.

Key Insights

  • ๐ŸŒ The Development Road Project is set to transform Iraq into a key transportation hub, significantly enhancing trade routes between Asia and Europe.
  • ๐Ÿ’ฐ By increasing Iraq’s GDP through this project, the Iraqi dinar’s value may rise, offering investors greater opportunities in the currency market.
  • ๐Ÿ”— The quadripartite agreement among Iraq, Turkey, UAE, and Qatar signifies strong regional cooperation, crucial for the project’s success.
  • ๐Ÿšง The integration of cutting-edge technology and AI into the project highlights Iraq’s commitment to modernizing its infrastructure and economy.
  • ๐Ÿ“ฆ The capacity increase for rail transport will facilitate the movement of goods, making Iraq a competitive player in global trade.
  • ๐Ÿ—️ The anticipated job creation and investment influx will invigorate Iraq’s economy, fostering long-term sustainability and growth.
  • ⚖️ As Iraq becomes an international transport hub, the potential need to increase the dinar’s value could create favorable conditions for investors.
  • https://dinarevaluation.blogspot.com/2024/09/sandy-ingram-cc-notes-highlights-11-sept.html

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