Thursday, January 23, 2025

Expert: 70% Of Iraq's Remittances Are Controlled By Jordanian And Gulf Banks, 24 JAN

 Expert: 70% Of Iraq's Remittances Are Controlled By Jordanian And Gulf Banks

Buratha News Agency992025-01-22  Economic expert Ahmed Abdel Rabbo confirmed today, Wednesday, that Jordanian and Gulf banks control more than 70% of financial transfers in Iraq, noting that the dollar is delivered to only four Jordanian and Gulf companies.

Abdul Rabbo said in a statement to / Al-Maalouma /, that "Jordanian banks did not provide any real services to Iraq," adding that "closing the dollar selling platform opened the way for Jordanian and foreign banks to take over the Iraqi financial market, which raised questions about the role of Iraqi financial institutions in this regard."

He pointed out that "Jordanian banks control more than 70% of financial transfers in Iraq," explaining that "this control constitutes a direct harm to Iraq's sovereignty and financial decisions, especially with the absence of any effective role for these banks in serving the Iraqi economy."

He called for "reviewing financial policies and strengthening the local role to ensure the stability of the country's financial sector."


Reports indicate that 8 Jordanian and Gulf banks control money transfer operations in Iraq, which led to these banks controlling the flow of dollars into the country. This control forced the exclusion of more than 1,000 Iraqi banks and offices, raising concerns about negative effects on the local economy and financial sovereignty.  https://burathanews.com/arabic/economic/455449


TIDBIT FROM PIMPY, 24 JAN

  Pimpy   

Article:   "CBI unveils new banknote security features"

  Yes they are new bank notes but the difference between the new ones and the old ones is there are additional security features on there so no, there's no panic about you having to switch out your old notes for the new notes...

Why go through the hassle of putting on all these additional security features if you thought you were going to change your currency and give it a re-denomination without the zeros and change the exchange rate

 Doesn't sound to me like there is any plans in the very near future for them to go ahead and re-denominate as well as change the exchange rate.


SANDY INGRAM : Iraq's 2025 Budget & Non-Oil Revenue IQD Exchange Rate

Hantoush: Electronic payment reduces the cost of paper currency and supports economic transparency, 24 JAN

 Hantoush: Electronic payment reduces the cost of paper currency and supports economic transparency

Researcher and specialist in financial and banking Mustafa Hantoush confirmed today, Tuesday, that electronic payment reduces the costs of paper currency and supports economic transparency.

Hantoush said in a statement to the Al-Maalouma Agency, “There are major developments in the electronic payment sector in Iraq,” noting that “the government has formed a special committee in cooperation with the Central Bank to support this system.”

He pointed out that "the value of electronic payment in Iraq witnessed a huge leap, as it did not exceed 300 billion dinars during the years 2020-2021, but today it has reached 10 trillion dinars," indicating that "this development was accompanied by a significant expansion in the use of financial technology within state departments, as the number of government departments that rely on this system increased from only 8 departments to more than 600 departments.”

He added, "The number of point-of-sale (POS) devices has witnessed remarkable growth, jumping from 8,000 devices to more than 40,000 devices, reflecting the rapid expansion in the infrastructure needed to implement electronic payment systems."

He explained that "electronic payment exempts the state from the high cost of printing paper currency, in addition to providing solutions to the cash liquidity crisis. It also enables the government to accurately read the market, monitor profitable sectors, and determine the locations of money flow, which contributes to strengthening the national economy."

He pointed out that "the government has succeeded in marketing the culture of electronic payment, but it still needs to exert more efforts to enhance public awareness about the importance of this system and increase reliance on it." link

MILITIAMAN CC HIGHLIGHTS NOTES, 24 JAN

 MILITIAMAN CC HIGHLIGHTS NOTES

Highlights

Summary

In this video, the speaker discusses the current economic situation in Iraq, focusing on the Central Bank’s efforts to modernize the banking system and achieve international acceptance. The conversation revolves around the ongoing complexities surrounding the 2024 budget and various financial reforms aimed at stabilizing the economy.

 Key topics include Iraq’s transition from an outdated electronic platform for foreign currency transactions to a more efficient system utilizing international correspondent banks. The speaker emphasizes the importance of building confidence among local and international investors, the implications of new technologies like artificial intelligence and blockchain, 

and the potential for Iraq’s currency to become stronger as the nation aims for global financial integration. The ongoing efforts to establish a stable financial environment are underscored, while the uncertainty surrounding the budget’s approval raises questions about Iraq’s future economic stability.

  • 📈 Central Bank Modernization: The Central Bank of Iraq is working towards modernizing its banking system to facilitate international transactions.
  • 🌍 Globalization of Iraqi Banks: A strategy to globalize Iraqi banks aims to enhance their acceptance and competitiveness in international markets.
  • 💰 Importance of Correspondent Banks: The use of international correspondent banks is crucial for facilitating immediate currency exchanges.
  • 📅 2024 Budget Delays: Delays in approving the 2024 budget could threaten economic stability and government operations.
  • 🔄 Transition to New Systems: Iraq has successfully transitioned from an outdated electronic platform to a more robust financial system.
  • 💡 Incorporation of New Technologies: Modern technologies like blockchain and artificial intelligence are expected to play significant roles in Iraq’s financial future.
  • 🤝 International Cooperation: Iraq is calling for enhanced international cooperation to expedite progress and fulfill global commitments.

Key Insights

  • 🔍 Insight 1: Transitioning to a Global Banking System
    The Central Bank of Iraq’s shift to utilize international correspondent banks marks a significant turning point in Iraq’s banking system. This transition enables Iraqi banks to engage in direct foreign currency exchanges, improving their ability to compete globally. By adopting international standards and practices, Iraq aims to elevate its banking sector’s credibility, which is essential for attracting foreign investments and boosting the economy.

  • 📊 Insight 2: The Impact of Budget Delays
    The ongoing delays in approving the 2024 budget present a critical challenge for Iraq. With only a limited time left in the current government’s term, the lack of clarity in financial planning threatens economic stability and could lead to administrative paralysis. The urgency to pass these budgets is underscored by the potential risks associated with failing to implement essential projects that require funding.

  • ⚙️ Insight 3: Enhanced Financial Stability
    The Central Bank’s successful completion of transitioning to a new currency transfer system signifies a step towards achieving financial stability in Iraq. This shift not only allows for more efficient transactions but also fosters trust in the banking system, which is crucial for economic growth. By establishing a secure financial environment, Iraq is positioning itself for improved international relations and investment opportunities.

  • 📶 Insight 4: The Role of Technology in Finance
    As the Central Bank looks to incorporate advanced technologies such as artificial intelligence and blockchain, the future of Iraq’s financial landscape appears promising. These technologies can streamline processes, increase transparency, and enhance security in financial transactions. By embracing digital innovations, Iraq can modernize its banking sector and improve its competitiveness on a global scale.

  • 💬 Insight 5: Building Investor Confidence
    The focus on restoring confidence in the Iraqi dinar and the banking system is paramount for attracting foreign investment. By addressing concerns about stability and governance, Iraq aims to create a favorable investment climate. The government’s ongoing efforts to improve transparency and compliance will be crucial in rebuilding trust among international investors.

  • 🌐 Insight 6: International Financial Relationships
    The Central Bank’s commitment to establishing relationships with international financial institutions is essential for Iraq’s economic integration. As Iraq seeks to align itself with global financial practices, enhancing cooperation with international partners can provide the support and resources necessary for sustainable development and growth.

  • 📈 Insight 7: Future Prospects for the Dinar
    The discussions surrounding a potential increase in the value of the Iraqi dinar reflect a broader ambition to strengthen Iraq’s currency. While challenges remain, the commitment to moving away from the dollar auction system and adopting a more competitive approach could lead to a stronger dinar. This transition would not only benefit Iraq domestically but also enhance its position in the international financial market.

By recognizing the intricate dynamics of Iraq’s financial landscape, the speaker underscores the importance of strategic reforms and international collaboration in shaping the country’s economic future. The insights presented highlight both the challenges and opportunities that lie ahead for Iraq as it navigates its path towards global financial integration.

FIREFLY: Everybody waits for the new exchange rate! WE ARE CLOSE!! @DINARREVALUATION #iraqidinar

 


Al-Mashhadani: Iraqi-American relations will remain stable under Trump, 24 JAN

 Al-Mashhadani: Iraqi-American relations will remain stable under Trump

Parliament Speaker Mahmoud Al Mashhadani expects bilateral relations between Iraq and the United States to stabilize under the new US President Donald Trump.

Al-Mashhadani said in a televised statement: "Trump's agenda is economic, not military, and he wants to put out fires and wars. Iraq is an oil country with many resources, and relations with America will remain stable."

He explained that "the Popular Mobilization Forces are a security institution and their existence is legal and linked to the Commander-in-Chief of the Armed Forces. The factions outside the control of the Commander-in-Chief of the Armed Forces are the ones being discussed.

" Al-Mashhadani ruled out "the United States and Iran going into conflict."

He pointed out that "if we need the presence of the international coalition, they will remain, and otherwise we will deal with it in the old way, which is negotiation," stressing that "coordination between the presidencies is at the highest levels."

The Speaker of the House of Representatives considered that "the current parliamentary session was born weak, and the election year is the weakest in terms of legislative and oversight productivity," noting that "the resolution of the accountability and justice file will be judicial." link

TEXAS SNAKE UPDATE, 24 JAN

TEXAS SNAKE

From what I can assemble from all sources everything from the banking side is complete and is ready to go, it is the political side and BRICs entry that is our delay at this point in time. 


Prior to the months in is still the target.

---


Well folks from everything I am hearing the new rate has been established, the CBI is recognized by FORED the people in country are spending the lower denom dinar and it is the Preiminer who is with holding the release for a political consideration from his cabinet.

MNT GOAT: THE RELATION BETWEEN IRAQ & USA & WHY IS THE DELAY IN THE PROJECT DELETE ZEROS THIS TIME

 


Al-Haimus: We were able to increase the business of the Iraq Stock Exchange by about 16 percent, 23 JAN

 Al-Haimus: We were able to increase the business of the Iraq Stock Exchange by about 16 percent

The Chairman of the Securities Commission, Faisal Al-Haimus, announced today, Thursday, that the Commission was able to increase the business of the Iraq Stock Exchange by about 16 percent, while pointing to cooperation with the World Bank on governance.

Al-Haimus told the Iraqi News Agency (INA): "During the past year, we were able to increase the business of the Iraq Stock Exchange by about 16 percent," expressing his "hope that the current year will be a stronger start on the subject of benefiting from the agreements signed with the Abu Dhabi Financial Market and the Saudi Market, which will help attract investors from abroad and increase the business of the Iraq Stock Exchange."

Al-Haimus added that "cooperation has been made with the World Bank on governance, and we will have completed it by the end of the first quarter of this year." link


TIDBIT FROM WOLVERINE, 23 JAN

 Wolverine 

 [via Judy Byington]

  ...This has been a long journey for all of us...it seems all is ready. The Liquidity and money is there and we are ready to go...

 I have spoken to people who actually have appointments with banks, and I’ve seen bank accounts...all is ready to go. THIS TIME IT IS REAL. IT IS REAL! Am I excited.

WOLVERINE: THINGS ARE IN MOTION! @DINARREVALUATION #iraqidinarinvestor #iraqidinar


 

EXCERPTS FROM MARKZ: They are all saying anywhere from today to the first week in Feb. I !!, 23 JAN

 EXCERPTS FROM MARKZ

Member: I heard from Indian groups that its just a few more days. I heard that this morning from the actual group

Member: yes Native American nations ….mine the Prairie Band Potawatomi Nation has sent out letters to all members

MZ: I am hearing a lot of that….Im getting dates from bonds, groups, PP”s and Indian nations…..just trying not to ride the roller coaster. They are all saying anywhere from today to the first week in Feb. I believe we have a very busy week or two in front of us.  Hopefully we get paid early in this process.

MARKZ: THE IRAQI DINAR AT $4 - $4.50 USD, 23 JAN

 MarkZ  

 [via PDK] 

 Question: Any new predicted rate on dinar and dong

 MarkZ: Still hearing and what makes the most sense is $4 - $4.50 on dinar and $2 to $3 bucks on the VND. Some of the rates we have seen most often is $3.90 to $4 showing up on dinar and $2.40 to $2.50 showing up for the dong. 

We won’t now for sure until we are at the banks.

EXCERTS FROM MARKZ: WE ARE CLOSE! @DINARREVALUATION #iraqidinarinvestor #iraqidinar

 


EXCERPTS FROM MARKZ: WE ARE CLOSE!, 23 JAN

 EXCERPTS FROM MARKZ

Member: Sure hope we will be blessed with the RV before the end of January

MZ: We don’t know when it’s going to happen but we are seeing many signs that it is very close. 

MZ: I shared last night that I was told by political sources that it is a top priority for our new US administration to see currency and rate changes.

MZ: Some historic bond contacts are still convinced they will see things happen today…and some that think nothing happen until the first week of February for them.

MZ: I did hear something interesting from an aggregate of bond sources and a group…not about timing but about logistics. And similar things from a Prosperity Package group. (Omega Group) That the tax exemption for the settlements will be done in fiat. 

MZ: originally we were told that we would see the Fines and Penalties portion paid in fiat. Then we would see the RV (Revaluation of currencies) Then reset….all currencies worldwide go to parity …..and Then pay out the 4A and 4B portions out including CMKX, PP’s  ect….the entire process was only supposed to take about 10 days. 


FIREFLY: They will coexist!!, 23 JAN

 Frank26  

[Iraq boots-on-the-ground report] 

 FIREFLY:CBI on TV news saying new banknotes will circulate with the existing ones and there are no plans to pull the older notes.  They will coexist. 

 Then they talked about the new security features on the new bank notes that are coming out. 

 They are preparing us to give us the new small category notes...

 FRANK:  IMO those 3 zero notes will be exactly like the new small category notes minus the zeros and instead of a 25 IMO it'll be a 20.

FIREFLY: THEY WILL COEXIST!! @DINARREVALUATION #iraqidinarinvestor #iraqidinar

 


“Coffee With MarkZ” Thursday Morning Chat 1-23-2025, 23 JAN

 “Coffee With MarkZ” Thursday Morning Chat 1-23-2025

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: So much news coming quickly…..I believe we are very close,

Member: Sure hope we will be blessed with the RV before the end of January

MZ: We don’t know when it’s going to happen but we are seeing many signs that it is very close. 

MZ: I shared last night that I was told by political sources that it is a top priority for our new US administration to see currency and rate changes.

MZ: Some historic bond contacts are still convinced they will see things happen today…and some that think nothing happen until the first week of February for them.

MZ: I did hear something interesting from an aggregate of bond sources and a group…not about timing but about logistics. And similar things from a Prosperity Package group. (Omega Group) That the tax exemption for the settlements will be done in fiat. 

MZ: originally we were told that we would see the Fines and Penalties portion paid in fiat. Then we would see the RV (Revaluation of currencies) Then reset….all currencies worldwide go to parity …..and Then pay out the 4A and 4B portions out including CMKX, PP’s  ect….the entire process was only supposed to take about 10 days. 

Member: I wonder where the gold backed currency change fits into that….i would guess after F&P’s?

Member: A interesting podcaster with Texas rep to eliminate property taxes and instituting a Uniform State Sales Tax. Property taxes are contributing to bankruptcy

MZ: .Could we be back on that original plan? It’s possible.  Many are saying they expect to see their initial portion in fiat. They were also told there would be no taxes….I heard this from several different groups. No taxes on our exchange…..We are starting to hear more and more logistics on this thing. There is progress and movement happening. We are trying to put the pieces together but do not have all the answers yet. 

Member: I remember Mr. C saying it's written in the Golden Dragon's treaty, that there would be NO TAX on Rv!!!

Member: I heard from Indian groups that its just a few more days. I heard that this morning from the actual group

Member: yes Native American nations ….mine the Prairie Band Potawatomi Nation has sent out letters to all members

MZ: I am hearing a lot of that….Im getting dates from bonds, groups, PP”s and Indian nations…..just trying not to ride the roller coaster. They are all saying anywhere from today to the first week in Feb. I believe we have a very busy week or two in front of us.  Hopefully we get paid early in this process.

Member: MarkZ the meeting today w ripple and SEC is UGE

MZ: Vietnam news : “The dollar drops against the dong”  the dong is gaining strength over the US dollar. Vietnam is taking the DOGE approach and want to cut 20% of the government and become more democratic and have an open market. They need to increase the value of the dong. I feel good seeing this. 

Member: President Trump is about to speak remotely to the World Economic Forum in Davos……that sounds exciting…

Member:Trump Addressing The World Economic Forum in 12 minutes on Fox Live News

Member: I wonder - was it real or fake in regards to the supreme court and the fiat dollar being null and void?

Member: Does Trump need to go to Reno for the RV to happen? Heard he’s planning a stop by this weekend.

MZ: “International report confirms the strength and sobriety of the Iraqi regime in combatting money laundering and terrorist financing”  There is an important direction to the news in Iraq. They are focusing and telling us Iraq is safe and stable. They need to be seen as safe and stable to the world to justify the change in rate.  There are many articles stating this. 

Member: will the banks in Iraq be open even during the holiday this coming Sunday? Could be an interesting tell on the timing?.

MZ: It is my understanding they are going to be closed but I have not seen an article or statement from the banks. So for now consider it a rumor. 

Member: Mark- do you believe Iraq is being controlled by Iran or CIA paid groups? 

MZ: Some believe that especially how they are handling the removal of militias. It’s a delicate situation because of the Shiites outside influences. 

Member: other sites saying Sudani is a bad guy that is holding up the RV…I think someone is delaying it….but I don’t think it’s Sudani. 

​​Member: How do I get on a list to be get an appointment to exchange my dinar etc. when the RV happens?

Member: Register at dinar sites to see the announcement and get an email with the 800 numbers….All dinar intel providers will post the info as well. You will not miss it .

Member: What is your gut feeling Mark? 

MZ: With the number of conversations with Prosperity packages people, groups, CMKX, and bond folks….what makes the most sense is anywhere from Saturday to anytime the next few weeks. I believe sometime in the next few weeks we will cross the Rubicon…They will have money and you and I will be making appointments. Just my opinion of course

Member: This week there are 7 planets in alignment

Member: Hopefully the RV will line up the those planets

Member: I’m thankful for the movements forward whether an inch afoot or a mile I’m thankful that it is moving and being done correctly so the rats can’t have control and our generations are safe and secure.

Member: Thank you Mark! Thank you Mods! Have a great day Patriots!

MZ: Dr. Scott will be on the stream tonight. 


STATUS OF THE RV, PART. 4 BY MNT GOAT, 23 JAN

 STATUS OF THE RV, PART. 4 

😊In the article titled “IRAQ CALLS ON THE WORLD TO CONDUCT A COMPREHENSIVE REFORM OF THE FINANCIAL SYSTEM AND A DIALOGUE ON TECHNOLOGY GOVERNANCE” we already find Iraq making moves as a global leader in this dialogue with the United Nations in New York. 

The representative of Iraq to the United Nations in New York, Abbas Kazim Obaid, in his capacity as Chairman of the Group of 77 and China, delivered the group’s statement during the session of the United Nations General Assembly.

Among other issues, he called for a comprehensive reform of the global financial system to address structural inequalities, ensure equitable access to long-term finance, and advance sustainable development efforts.   

Anyone who tells you that this investment in the Iraqi dinar is just a pipe dream, then refer them to my blog for advice. Maybe they were just listening to the wrong people….. 


MNT GOAT: THE RELATION BETWEEN IRAQ & USA & WHY IS THE DELAY IN THE PROJECT DELETE ZEROS THIS TIME

 


THE LARGEST OIL RESERVE WAS DISCOVERED IN CENTRAL IRAQ WITH COMMENTS OF MNT GOAT, 23 JAN

THE LARGEST OIL RESERVE WAS DISCOVERED IN CENTRAL IRAQ

The Middle Oil Company, in cooperation with the Chinese company (EBS), announced the achievement of a major oil discovery in the East Baghdad South Field.

The company’s general manager, Mohammed Yassin Hassan, stated in a statement received by {Euphrates News} a copy of it that the main exploratory well testing operations in the East Baghdad field had achieved great success, as a highly productive oil flow of medium and light oil was obtained.

It is expected to add more than two billion barrels to Iraq’s oil reserves, making it the largest oil discovery in central Iraq.

The Director General pointed out that the initial tests of the well showed a daily production rate of up to 5,000 barrels of crude oil.

Yassin praised the fruitful cooperation between Iraqi engineers at the Middle Oil Company and their counterparts at the Chinese EBS Company, which resulted in precise planning and strict implementation of well testing procedures in areas within the oil field.

This discovery is of strategic importance as it adds to Iraq’s oil reserves, which rank fifth in the world in proven reserves. This achievement also enhances the production capabilities of Iraq, one of the founding and influential members of the Organization of the Petroleum Exporting Countries (OPEC), which supports its pivotal role in the global energy market.

(Iraq already had a 43% advantage of oil production over Kuwait. The Kuwaiti dinar was trading at $3.42 today Jan 21st. Iraqi dinar is still less than 1/6 of a penny? I don’t get it…oh but I do get it. It is being artificially suppressed.)


EXCERPTS FROM MNT GOAT, 23 JAN

 EXCERPTS FROM MNT GOAT

THE RELATION BETWEEN IRAQ & USA

My CBI contact has told me this relationship should be good and not all based on sanctions. She believes our delay in the Project to Delete the Zeros is based on waiting to see how this relationship is fostered.

 It is now the say after the Trump inauguration and so let’s wait and see how this all plays out.

Anyone who tells you that this investment in the Iraqi dinar is just a pipe dream, then refer them to my blog for advice. Maybe they were just listening to the wrong people…

 The CBI has specifically told us many times these larger notes will still exists and will be used behind the scenes for “inter-banking” transactions. Of course they will be taken out of the mainstream circulation but will still remain as legal tender.

 My CBI contact also told me the CBI was forced politically to print these notes because of the demand to satisfy the visually impaired.

FIREFLY: Everybody waits for the new exchange rate! WE ARE CLOSE!! @DINARREVALUATION #iraqidinar

 


IRAQ ISSUES NEW BANKNOTES WITH INNOVATIVE SECURITY FEATURES FOR THE VISUALLY IMPAIRED.. PHOTOS, 23 JAN

 IRAQ ISSUES NEW BANKNOTES WITH INNOVATIVE SECURITY FEATURES FOR THE VISUALLY IMPAIRED.. PHOTOS

The Central Bank of Iraq has unveiled the security marks of the circulating banknotes, with the aim of educating the public, as well as companies and commercial banks that deal with these banknotes on a daily basis. 

The Central Bank reviewed these improved security features, through a technical bulletin, which was received by Shafak News Agency, indicating the introduction of prominent features on the new banknotes to enable the visually impaired to identify the banknote denominations by touch.

STATUS OF THE RV , PART. 3 BY MNT GOAT, 23 JAN

 STATUS OF THE RV , PART. 3 

😊What will the foreign policy of the US towards Iraq look like? In the article titled“IRAQ TELLS US IT LOOKS FORWARD TO STRENGTHENING COOPERATION WITH AMERICA UNDER TRUMP” On Saturday, Foreign Minister Fuad Hussein informed the United States of Iraq’s aspiration to enhance bilateral cooperation under the upcoming US administration headed by Donald Trump. 

My CBI contact has told me this relationship should be good and not all based on sanctions. She believes our delay in the Project to Delete the Zeros is based on waiting to see how this relationship is fostered. It is now the say after the Trump inauguration and so let’s wait and see how this all plays out.

In this next article titled “AL-SUDANI: IRAQ IS A PIVOTAL PARTNER AND NATIONAL DECISION-MAKING SOVEREIGNTY IS A PRIORITY”  we get a taste of what this relationship with the UK and the US might look like. In the article Prime Minister al-Sudani stressed that Iraq has a special status in dealing with the will to survive, stressing that “the Iraqi people are among the most proud and self-confident personalities, and cannot be subject to anyone, whoever they may be. 

The Prime Minister said, in an interview with Elaph website: Washington is a major partner of Iraq, and the government is working to build a stable institutional relationship with it, noting that the government is determined to build a new Iraq based on its cultural heritage.

Al-Sudani pointed out that portraying Iraq as subordinate to any country contradicts the historical character of the country,” stressing that “the relationship between Iraq and the United Kingdom enjoys a unique special status.

 He added that “Baghdad is working to build a stable institutional relationship with Washington, as the United States remains a major partner of Iraq, and we are committed to a policy of openness and true partnership,” indicating: “Today we are facing a new stage in our relationship with the United Kingdom and the US, and Iraq plays a pivotal role as an effective mediator between various regional parties, and Baghdad has become a center for calm dialogue that aims to bridge the gap between the parties.” Folks this is al fantastic news for us.

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

EXCERPTS FROM MARKZ: A number of international sources say today it is ON!! @DINARREVALUATION

 


IRAQ CALLS ON THE WORLD TO CONDUCT A COMPREHENSIVE REFORM OF THE FINANCIAL SYSTEM AND A DIALOGUE ON TECHNOLOGY GOVERNANCE, 23 JAN

 IRAQ CALLS ON THE WORLD TO CONDUCT A COMPREHENSIVE REFORM OF THE FINANCIAL SYSTEM AND A DIALOGUE ON TECHNOLOGY GOVERNANCE

The representative of Iraq to the United Nations in New York, Abbas Kazim Obaid, in his capacity as Chairman of the Group of 77 and China, delivered the group’s statement during the session of the United Nations General Assembly in which the Secretary-General reviewed the priorities of his term for the year 2025, in light of the circumstances and challenges facing the international community.

In his statement, the representative of Iraq stressed the complex and interconnected global challenges, including ongoing conflicts, the effects of climate change, poverty, hunger, high debt levels, limited financing for the Sustainable Development Goals, and the growing digital divide. He stressed the need to support developing countries in financing sustainable development through the Fourth Conference on Financing for Development.

He called for a comprehensive reform of the global financial system to address structural inequalities, ensure equitable access to long-term finance, and advance sustainable development efforts. He also stressed the importance of fully implementing the decisions of the Conference of the Parties on Climate Change, while supporting the Secretary-General’s efforts to achieve the Sustainable Development Goals by 2030.

Obaid also called for a comprehensive international governmental process to address the digital divide, the establishment of an independent scientific team for artificial intelligence, and the launch of a global dialogue on technology governance.

STATUS OF THE RV , PART, 2 BY MNT GOAT, 23 JAN

 STATUS OF THE RV , PART, 2 

😊Next, haven’t you been reading all the articles of these economists and from Saleh the financial advisor to Al-Sudani, telling us that a very large portion of the cash mass is still out of the banks and being held by the citizens. 

There is even an article in the news this period of the news titled “LIQUIDITY CRISIS IN IRAQ IS “WORSENING”.. 70% OF MONEY IS HOARDED IN HOMES”. Did you read it?

 Folks this is NOT a coincidence that this article is in the same batch of very recent news along with the article above I just told you about. We must keep asking ourselves why to they make these statements in the timely manner in which they do.

 We must connect the dots to see what is going on. However, what they don’t talk much about in this article is the stashes of cash we as foreign investors also have outside the country. They will also need to retrieve these dinars from us investors too. 

How will they do this? Of course, only a certain amount of these older, larger notes will remain in the banks and the CBI has a projected amount that may be needed. The rest will be collected and burned.

What else is in the recent news from Iraq?

😊As usual I want to point out what I feel is the most important article(s) of the news period. They are titled “AL-SUDANI’S VISIT.. A TURNING POINT IN IRAQI-BRITISH RELATIONS” and “AL-EIDANI: AL-SUDANI’S VISIT TO BRITAIN RESULTED IN REMOVING IRAQ FROM THE RED LIST FOR RISK ASSESSMENT”.

In the articles they point out that since the moment Prime Minister Mohammed Shia al-Sudani’s plane landed at Stansted Airport east of the capital, London, 111 years have passed since Iraqi-British relations, which began with the defeat of the Ottoman army in the Basra garrison in 1914, and continued until 1918 with the expulsion of the last Ottoman soldier from Kirkuk, thus announcing the end of five centuries of control and tyranny.

 This relationship, which began with the British occupation, has developed over the decades to take a different form in the modern era. This news alone is HUGE! 

I also believe this is incentive by Great Britian (UK) to work with Iraq due to their failing economy and the need for energy supplies. Also, I believe this is huge news as the UK is now recognizing Iraq as a potentially strong global leader both in economics and finance. 

What countries have the largest financial centers on the planet? Of course, the US is still number one followed by Great Britian.

 So are they trying to tell us something in partnership with Iraq? Could Iraq be the next giant? It’s as if the UK is now also saying that Iraq can be on the level of “equals” and no longer just a third world, impoverished nation.

 WOW! Folks this is an historical event. How will this payoff for Iraq in the coming months or years? Just getting removed from the “RED LIST” is huge in itself.

..https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

The largest US trade delegation, representing 60 companies, arrives in Baghdad to enhance economic cooperation, 9 APRIL

   The largest US trade delegation, representing 60 companies, arrives in Baghdad to enhance economic cooperation  The US Embassy in Baghdad...