LATEST UPDATES ON IRAQI DINAR RV, 7 DEC

 LATEST UPDATES ON IRAQI DINAR RV

Summary

Latest updates on Iraq Dinar RV, CBI contact on new lower notes, and early Christmas celebration insights.

Highlights

• 🔍 CBI Contact: New lower notes rollout is imminent.
• 🎉 Early Christmas: Iraq celebrates Victory Day, a potential trigger for currency revaluation.
• 📈 Dinar Updates: Reports suggest significant value increase in the coming days.
• 💳 Visa Launch: Trade Bank of Iraq introduces international transactions.
• 🤝 Cooperation Agreement: CBI signs with EU and Germany to enhance financial markets.
• 🏦 Currency Stability: Auctions end, new strategies for currency management in place.
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Key Insights

• 📅 Timeline Tightening: Reports indicate a potential RV within the next week, aligning with Victory Day celebrations, signaling a crucial period for currency changes.
• 🌍 International Engagement: The CBI’s cooperation with the EU and Germany marks a significant step towards global financial integration, bolstering confidence in the Iraqi Dinar.
• 💸 Lower Denominations: The introduction of new notes suggests preparations for a currency value adjustment, indicating a shift in monetary policy.
• 🔄 Currency Conversion: The ending of auctions could lead to a more stable exchange rate, allowing the IQD to be paired with various currencies, enhancing its international usability.
• 📊 Market Reactions: The unveiling of new lower notes raises questions about their timing and the expected currency value increase, reflecting market speculation.
• ⚖️ Regulatory Framework: Discussions on tax implications highlight the financial landscape’s complexity for investors, emphasizing the need for professional advice.
• 🌟 National Pride: Iraq’s focus on showcasing its financial achievements underscores a commitment to a robust economic image, aiming to attract foreign investment and support.

EXCERPTS FROM MARKZ: " VIETNAM RV'd IN -COUNTRY @DINARREVALUATION #iraqidinar #iraqidinarinvestor

 

Honeywell discusses Development of Iraqi Oil Refineries, 7 DEC

  Honeywell discusses Development of Iraqi Oil Refineries

Iraq's Deputy Minister of Oil for Refining Affairs, Hamed Younis, reaffirmed Iraq's commitment to collaborating with reputable global companies to advance its refining sector. This aligns with the government's strategic program and directives from Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul-Ghani.

During a meeting with Honeywell's Middle East Executive Director, James Moshi, and Iraq Country Head, Mohamed Al-Shabout, discussions focused on strengthening cooperation in refinery development. The meeting also reviewed progress on agreements made during Abdul-Ghani's visit to Honeywell in Houston, USA, last September.

The session was attended by senior officials, including the Director General of the Studies and Planning Department, Naseer Aziz Jabar, and the Deputy General Manager of the South Refineries Company (SRC).

In June, the Ministry of Oil signed a memorandum of understanding with Honeywell to develop oil refineries.

(Source: Ministry of Oil)  link

JULIAN ASSANGE: GLOBAL CURRENCY RESET, 7 DEC

 JULIAN ASSANGE

GLOBAL CURRENCY RESET

· Thurs. 5 Dec. 2024 Gingers Liberty Lounge on Telegram: A Report from Jim Willie, stated that an Iraqi citizen he knows has redeemed his currency at the new international rate. Family, this is expected that Iraqi national citizens would have time initially to exchange before the rest of the world's IQD holders will exchange. This also happened in Kuwait all those years ago with Kuwati Dinar RI/RV. Fabulous!

Thurs. 5 Dec. 2024 Bruce:

· On Wed. 4 Dec. three different sources indicated something was going to happen tonight that would make Tier4b move forward with notification.

· Wells Fargo and HSBC have sent out to certain individuals in Redemption Centers a flash drive that releases the activation code. Those flash drives have been installed and will receive the activation codes from the Star Link System to begin the redemption process.

· Redemption Center people were having to sign brand new NDAs every time they go into the Redemption Center.

· Sources were saying that Tier4b will start this weekend.

· On Wed. 4 Dec. the screens received new rates for 19 currencies that will move up in value and others that will go down in value.

· We were told that the president had to be out of the country in order for this to happen. On Fri. 6 Dec. President Trump will be leaving for France and will be there over the weekend.

· Thurs. 5 Dec. 2024: QFS Leaks: $21 Trillion in Hidden Assets Seized – Banks Collapse as Wealth is Redistributed with Asset-Backed Currencies; Blackout Attempts Fail to Protect The Cabal’s Hidden Fortune!

· Thurs. 5 Dec. 2024: Breaking the Chains: GESARA NESARA Activation Signals the Fall of Cabal – Military Executes Worldwide Arrest of 700,000 Sealed Indictments, New GESARA Law!

MARKZ: : " they are trying to having it done by Dec 10th" #iraqidinar

 

Warning Against The Consequences Of Canceling The Dollar Selling Platform In Iraq.. The Green Currency Is Hostage To Jordan And The Gulf States, 7 DEC

 Warning Against The Consequences Of Canceling The Dollar Selling Platform In Iraq.. The Green Currency Is Hostage To Jordan And The Gulf States

Financial and economic affairs expert Mustafa Akram Hantoush warned today, Thursday (December 5, 2024), of the consequences of canceling the dollar selling platform to merchants during the next stage, according to what was announced by the Central Bank of Iraq.

Hantoush, a journalist, said, "The Central Bank of Iraq must know very well that the collapse of the Iraqi banking system and the punishment of (32) Iraqi banks without a clear charge over a period of a year and a half is not normal, and from the perspective of banking work, this may be the first incident in the world of this kind."

He added, "The worst thing is the lack of serious solutions from the Central Bank of Iraq to this situation, but rather the move towards cancelling the (fitr) platform by the end of 2024 and handing over the dollar file to banks affiliated with foreign investors and banks (Jordanian and Gulf), which gives the impression that this matter was planned from the beginning."

He continued, "The failure of the Central Bank of Iraq to find solutions for the Iraqi banking sector will fire the mercy bullet at the entire Iraqi banking system and it will become punished as a whole, which will lay off nearly 100,000 workers in the Iraqi private banking sector in favor of Jordan and the Gulf countries," noting that "in the absence of banking competition, the stability of the exchange rate becomes difficult due to the monopoly of the dollar by certain banks and may lead to new fluctuations in the exchange rate."

Hantoush wondered: "Why is the work of the (Fitr) platform not being extended in coordination with the new US administration? Also, why are Iraqi banks not guaranteed to open an account for themselves in correspondent banks in dollars (Citibank/JP Morgan) as the countries of the region have done?"

He pointed out that "the surprising thing is that, until now, the mechanism for cooperation and auditing with Ernst & Young has not been determined or announced regarding transfers in currencies other than the dollar (euro - yuan - lira - dirham), nor have the results of the agreement and contract with Oliver Wyman regarding the (32) sanctioned banks and what their fate will be have not been announced. This means that the banking situation in Iraq is facing many major crises, and the dollar will be difficult to control in the parallel market."    https://burathanews.com/arabic/economic/453500

DINARLAND UPDATE, 7 DEC

 DINARLAND UPDATE

Summary

Mark Z and other Dinar Gurus share positive updates on Iraq’s Hydrocarbon Law (HCL), potential RV timelines, and significant market movements.

Highlights

• 🚨 Mark Z hints that the HCL is likely completed but not officially announced yet.
• 📈 Ending the currency auctions indicates a major turning point for Iraq’s economy.
• 💰 Iraqi Parliament shows optimism for the government’s progress and upcoming budget vote.
• 🐋 Frank 26 discusses the potential for whales and sharks to profit significantly post-RV.
• 📊 Iraq Stock Exchange leads Arab markets with a 12.39% growth in October 2024.
• 📜 Upcoming budget readings may reveal the HCL, possibly published in Saturday’s Gazette.
• ⏳ Excitement builds as rumors suggest a significant financial shift is imminent.

Key Insights

• 🔍 Hydrocarbon Law Importance: The HCL is crucial as it governs profit-sharing between the Kurdistan region and Iraq, potentially enabling an RV shortly after its passage.
• 📉 Auction Cessation Impact:  Ending currency auctions could stabilize the economy, reducing black market activities and increasing public trust.
• 📊 Parliamentary Progress: The optimism from the Iraqi Parliament reflects a commitment to economic reform and rebuilding investor confidence.
• 💵 Profit Potential for Investors: Anticipation around the RV creates opportunities for large investors to capitalize on the potential surge in value.
• 📈 Market Performance: The Iraq Stock Exchange’s impressive growth highlights increasing investor interest and confidence in the Iraqi economy.
• 📅 Budget Readings: The imminent budget readings could coincide with significant economic announcements, heightening market volatility.
• 🎉 Imminent Financial Changes: The buildup of rumors and optimistic projections suggests that significant financial changes may occur soon, encouraging public readiness.

Majeed: GET RRRRREEEAAADYYY!!! : The USD no longer exists inside Iraq!! @DINARREVALUATION #iraqidinar

 

FRANK26: "SUDANI PREPARES HIS BUDGET & HIS MINISTERS FOR THE REFORMS", 6 DEC

 KTFA

FRANK26: "SUDANI PREPARES HIS BUDGET & HIS MINISTERS FOR THE REFORMS"......F26

Al-Sudani explains in the House of Representatives session the reasons for amending the budget law

 

12/4/2024

 

Baghdad
 

Prime Minister Mohammed Shia al-Sudani explained, on Wednesday, the reasons for amending the Federal General Budget Law.

The Prime Minister's Media Office said in a statement, seen by "Al-Eqtisad News", that "Prime Minister Mohammed Shia al-Sudani explained in the House of Representatives session the reasons for amending the Federal General Budget Law. "

A statement by the Prime Minister's Media Office, seen by "Al-Eqtisad News", said that "Prime Minister Mohammed Shia al-Sudani arrived at the House of Representatives Hall, accompanied by Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein, Deputy Prime Minister and Minister of Planning Mohammed Tamim, and Minister of Interior Abdul Amir al-Shammari." 

The office continued that "Prime Minister Mohammed Shia al-Sudani reviewed, in the House of Representatives session, the government policies and measures taken to confront the challenges of the region and its developments since the events of October 7, 2023."

LINK

 

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Al-Sudani explains the reasons and necessities for making a ministerial amendment to the government formation

 

 

Baghdad
 

Prime Minister Mohammed Shia al-Sudani explained, on Wednesday, the reasons and necessities for making a ministerial amendment to the government formation, and the reasons for delaying it.

 

The Prime Minister's media office said in a brief statement, seen by "Al-Eqtisad News", that "Prime Minister Mohammed Shia Al-Sudani explained in the House of Representatives session the reasons and necessities for making a ministerial amendment to the government formation, and the reasons for delaying it."

 

LINK

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Parliament session agenda for tomorrow, Thursday

 

12/4/2024

The House of Representatives will hold a regular session tomorrow, Thursday, in which it will read the second reading of the amendment to the financial budget law for the years {2023, 2024 and 2025).

  

 

LINK

MAJEED: ' IT IS DONE, WAIT UNTIL IT'S PUBLISHED ON THE GAZETTE" , 6 DEC

 MAJEED

The letter I posted today from the Parliament saying the 3 years budget + HCL approved and became a law Had this picture with it: “ the law shall take effect from the date of its publication in the official gazette” it is done</span> wait, until it’s published on the gazette GOLDEN AGE