Monday, October 14, 2024
"THE FLUCTUATION HAS NOTHING TO DO WITH THE IRAQI MR" BY FRANK26, 14 OCT
KTFA
FRANK26: "THE FLUCTUATION HAS NOTHING TO DO WITH THE IRAQI MR"......F26
The problem of fluctuation in the US dollar exchange rate
10/12/2024
Once again, the fluctuation in the US dollar exchange rate has returned to the forefront, and this time it is due to speculators and
traders of crises and wars, exploiting the war currently being waged by the Zionist entity against our Arab people in Palestine and Lebanon and the confusing security situation resulting from that.
The current level is above 1,500 dinars on the black market, and the continuation of this problem from time to time can be attributed to several reasons, including before 2023 the lack of control over the organization of trade financing and the lack of a clear trade policy, the entanglement of policies and the lack of an annual import program for the private sector in terms of quantities and amounts, but imports are open and without controls on external transfers.
In addition to "the lack of control over illegal imports and unofficial border crossings, as well as the presence of about 1,200 exchange offices spread across all governorates that are not licensed by the Central Bank and deal in cash dollars and about 12,000 outlets for disbursing pensioners' salaries and social care that deal with its trading at the exchange rate on the black market."
And that "most traders who obtain the US dollar at the official price from the Central Bank, but they sell their goods in the local market at the black market price, as well as the lack of global correspondent banks previously dealing with our banks and accounts were not opened for them in the currencies of countries with which we have extensive trade exchange such as China, India, Turkey and the Emirates."
Also,
"the failure of traders and some Banks comply with international banking standards that guarantee that the dollar reaches the final beneficiary, so dollar transfers are manipulated and reach countries that are sanctioned by the US or are internationally besieged. Therefore, the efforts of the Central Bank and the government in 2023 focused on drawing up a strategy for financial and banking reform in order to control the stability of the exchange rate.
“Among these strategies are organizing foreign trade financing, building new international understandings with global banks, and opening accounts for our banks in correspondent banks, as more than 30 accounts have been opened with American, Chinese, Emirati, Turkish, and Indian banks. We expect that during the next two months the number of Iraqi banks that have accounts in correspondent banks will increase due to the efforts made by the Central Bank to provide aid and assistance to them and coordinate with the targeted correspondent banks.
“Opening dealings with local currencies such as the Chinese yuan, the European euro, the Emirati dirham, the Turkish lira, and the Indian rupee in foreign transfers with the aim of reducing the demand for the US dollar, in addition to taking measures in cooperation between the Central Bank and the government to expand the comprehensive digital transformation from the cash economy to the digital economy and stimulate the use of electronic payment tools.
This strategy aims to “put pressure on speculators dealing in cash dollars in the black market and limit their activities that harm the national economy, which was discussed in last week’s meeting of the Prime Minister in the presence of the Minister of Finance, the Governor of the Central Bank, advisors, and directors of government banks.”
It should be noted here that "the availability of foreign exchange reserves for the Central Bank exceeding 100 billion dollars and a gold reserve exceeding 143 tons confirms that the Iraqi dinar will recover and is strong, as the local currency in circulation is covered by the foreign exchange reserve, in addition to the other executive measures to support and stimulate the local product and control the monetary market and the commercial market, which will control the exchange rate, as I expect, in the near future.
RV UPDATE BY CLARE, 14 OCT
Clare
Article: "To avoid major chaos... indirect negotiations between Tehran and Washington in Baghdad"
Quote: "Baghdad has actually begun to arrange the atmosphere and seek to crystallize priority understandings that may be the beginning of upcoming meetings,
especially since all parties are open to the negotiations file, even if they are indirect"
Iran and Iraq unite against escalating regional threats: a diplomatic push for stability amid crisis, 14 OCT
Shafaq News/ Amid escalating regional tensions fueled by Israeli aggressions in Gaza and Lebanon, Iranian Foreign Minister Abbas Araghchi's visit to Baghdad underscores Iran's efforts to manage regional crises and signal its intent to avoid escalating conflict. As Tehran and Baghdad strive to avert a major conflict, they stand united in supporting Palestine and Lebanon in the ongoing struggle against oppression.
Araghchi arrived in Baghdad on Sunday for a brief official visit, during which he met with Iraqi officials to discuss the latest developments in the region.
Iran and Iraq Align
Iran’s Foreign Ministry spokesperson, Esmail Baghaei, said on X, that the Iranian Foreign Minister had arrived in Baghdad for talks with Iraqi officials. The visit, part of Araghchi’s broader consultations with Islamic nations including Qatar and Saudi Arabia, focuses on the deteriorating regional situation following Israeli strikes in Gaza and Lebanon.
Navid Behrouz, an expert on Iranian affairs, told Shafaq News that the primary goal of the visit is to coordinate responses to “critical and sensitive developments” caused by repeated Israeli aggressions in the region, which now pose a threat to Iraq and Iran.
“The key outcome of this visit was Iraq’s commitment to prevent any party, especially Israel, from using its airspace to launch attacks on the Islamic Republic,” Behrouz said.
Araghchi reportedly praised Iraq's stance during a press conference, emphasizing the alignment between the two nations on regional issues, including support for Gaza, Lebanon, and the broader Palestinian cause.
Behrouz added that Iraq’s position aligns with its role in the Axis of Resistance, standing against what he described as Zionist aggression and the “war of extermination” in Palestine and Lebanon. The expert warned that “the region is on the brink of a wider conflict, fueled by Israeli Prime Minister Benjamin Netanyahu’s policies.”
Iran, Iraq Urge Diplomacy
During his Sunday visit to Baghdad, Iranian Foreign Minister Abbas Araghchi stressed that Iran and Iraq are collaborating to prevent a major regional war amid rising tensions.
Speaking at a joint press conference with Iraqi Foreign Minister Fuad Hussein, Araghchi said, “We do not seek war nor provocation, but we are fully prepared to face it. We will exhaust all avenues in consultation with the Iraqi government to prevent a catastrophic conflict in the region.”
Araghchi also praised Iraq for its stance in blocking the use of its airspace for any potential attacks on Iran, a position he highlighted as necessary for maintaining regional stability.
Both ministers underscored the escalating risks, with Araghchi attributing rising tensions to “crimes committed by the Zionist entity in Gaza,” which he warned have already spread to Lebanon and may threaten other countries.
Hussein echoed these concerns, warning that “the conflict Israel is waging could expand to involve Iran, potentially disrupting energy supplies and triggering a global crisis.” He reaffirmed Iraq’s commitment to ensuring its airspace is not used for strikes against Iran.
Iraq Faces Risks
“The recent visit of Araghchi to Baghdad underscores Iran's efforts to manage regional crises and communicate to the international community its intent to avoid escalating the conflict.” According to Saadoun Al-Saadi, a professor of international relations.
Al-Saadi pointed out that “Iran aims to highlight the dangers of targeting its nuclear facilities or oil infrastructure, which could jeopardize the Strait of Hormuz and trigger a global energy crisis.”
“Iraqi Foreign Minister Fuad Hussein warned that the conflict could escalate into an energy crisis, making Iraq vulnerable due to its reliance on oil exports through the Strait of Hormuz. A shutdown of these exports would leave Iraq's oil shipments at a standstill,” he explained to Shafaq News.
To mitigate these risks, Al-Saadi noted that the Iraqi government is discouraging factions from launching attacks on Israel, achieving some compliance out of concern for potential retaliatory strikes. “This approach is not driven by fear but by a genuine concern over potential retaliatory strikes against Iraq.”
“Iraq seeks to maintain a delicate balance in its foreign relations, engaging with both the United States and the West while also preserving ties with Iran, which is actively seeking support for its stance.”
Moreover, Al-Saadi stressed the importance of the Iraqi government’s efforts to “neutralize” the country from this escalating conflict. “Ongoing negotiations with various factions have resulted in compliance from most, leaving only three factions still engaged in launching strikes from Iraqi soil.”
Justice Vs. Evil
In the current geopolitical landscape, Salam Al-Jazaeri, a member of the political bureau for Asa'ib Ahl al-Haq, characterized the situation as a struggle between two opposing axes: the “Axis of Justice,” led by Iran and comprising Lebanon, Palestine, Iraq, Syria, and Yemen, and the “Axis of Evil,” represented by Israel, the United States, and several supportive Arab nations, including Egypt, Morocco, Saudi Arabia, and the UAE.
Al-Jazaeri described the Iranian Foreign Minister's visit to Baghdad as primarily political rather than focused on military or resistance activities.
Speaking to Shafaq News, Al-Jazaeri warned that any military strike against Iran “would elicit a strong response” against the countries mentioned, emphasizing that the ongoing conflict has broadened to include all resistance factions across the region, including those in Iraq, Yemen, Syria, Lebanon, and Palestine. “These factions are united in their resolve to support Palestine and Lebanon in this war,” he stated.
He asserted that “Iraqi resistance is fully engaged in the war against Israel without truce or compromise, and its readiness to act will only grow in the coming days.”
Al-Jazaeri explained that the Iraqi resistance operates based on “legitimate ethical and national principles,” aimed at protecting Iraq from what he described as Zionist recklessness. He emphasized that there is no division in perspectives with the Iraqi government, which he claims supports the Palestinian and Lebanese causes and stands firmly aligned with the Axis of Resistance against oppression.
Furthermore, he highlighted the role of Prime Minister Mohammed Shia Al-Sudani in “shielding the Iraqi populace from being drawn into a full-scale war,” noting his diplomatic efforts with nations opposing Israeli actions.
Al-Jazaeri remarked that Al-Sudani's statements resonate with a global desire to end the conflict. “If international consensus is reached to cease hostilities, that would be acceptable,” he stated. “However, if Israel continues its actions in Palestine and Lebanon, Iraq will have no choice but to defend itself against this brutal force.”
ZORRA CALL, 14 OCT
ZORRA CALL
Sunday September 8
DR. TOM:
Let's talk about a short update I just got from Mr. Shelton. Right now there is so much misinformation and a lot of the gurus who are saying it would happen this weekend and blah blah blah and it really hurts the community and especially the people who are going through hard times.
I have the New Calendar now and the World Court is in the process of approving the RV. Decisions are being made. Money is going through control.
They say they want everything to start before the end of the fiscal year which is on October 1st so it is expected by the end of this month. The distribution system is an analog system and decisions have to be made on that.
Right now and for next week, 1 or 2% of emergency funds around the world are being prepared. It is money that has been needed for many years in very devastated areas. That will come out once the audit is done and it is proven if everything is okay.
The military is being paid. They need their money. The legal side is getting paid. The media is starting to expose the QFS and a little bit of a possible EBS. We are in a slow release. It won't happen fast. The White Hats are in charge. There are 6 major generals who are running the show.
NESARA is getting ready to release the first funds for mortgages and student loans. There are over 100 organizations that have passed the test that have received funding, they are organizations that are involved in Humanitarian Projects.
Criminal activities like money laundering are being watched right now.
Iraq was here last week sorting out things that have to do with their country, nothing too VR related, more regarding BRICS and other things. The treasury notes are being tested and at the banks, the top employees have been in training for the past week and hopefully, they will move on to train the people employed at lower levels.
T4B which is us, they are trying to make it happen by the end of this fiscal year so by the end of this month. There are 27 categories of payments, we are the last one and we hope it will be by the end of this month.
The World Court has to approve the release of the emergency funds and there is a lot of information although everything has been going on in private sectors: the gold standard, the QFs, everything is being prepared to be known publicly.
JANE: I know we are waiting for the public. We are not there yet, right?
DR. TOM: Well, what they will do is release the Emergency Funds worldwide first that are part of NESARA and we hope they will be released next week. Basically the way I see it is that when you talk about it politically, we don't have any government that is running the show. We haven't had it for over 100 years. The fake administration that we have there, you know, there is no more corporation. It's all really a show so that they can wrap it up in the New Constitution and for that, we must end that system.
Whoever comes: the military, Trump, whoever… we must end that system and the fake administration.
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