...Separation, internal conflict, corruption and security issues when it comes to international investors are the major reason holding up economic stability in the country, ie the increase in the Iraq dinar value against the U.S. dollar.
Militia Man
Why haven't they [Paid the salaries]? There's got to be a reason for it and we believe it comes down to that the 23, 24, 25 budget is going to have an internationally acceptable exchange rate that's going to be on the Forex so that we all as investors can freely trade the Iraqi dinar in an international environment. That's the whole purpose of us being here...
We have Standard & Poor giving them [Iraq] a stable outlook to an increasing positive outlook
becausethey're now exporting agricultural wares and they have non-oil revenue streams coming in at the borders.
That's why they're beginning to look good - because of the investment environment is ripe.
Article: "Thousands of people demonstrated in Doha Governate Tuesday morning against the federal government's policy of not granting the rights of the people of the Kurdistan region and represented by the monthly salaries of employees..." ...People want their money. You have to ask the question,
Why have they gone from July and into September and they're being placated. For what reason. What do they know is keeping them at bay? ...they're not going to stand for not getting paid...
Mark Z y Michael Cottrell Charla del viernes por la mañana 9-8-2023
Miembro: Buenos días a todos….Bienvenidos a otro fin de semana.
Miembro: Esperemos que hoy recibamos buenas noticias... las necesitamos.
Miembro: ¡Quizás este sea el fin de semana que estábamos esperando!
MZ: Hay tantos rumores por ahí. Estoy seguro de que los tableros están iluminados en este momento con anticipación... Definitivamente siento que estamos cerca. Ayer se liberó de las expectativas.
MZ: Anoche muchos pensaron que sucedería de la noche a la mañana... Realmente no pensé que estuviera listo todavía.
MZ: La gente de Bond sigue muy callada. Una pareja admitió que tienen un acuerdo de confidencialidad, lo que me hizo sentir mejor.
MZ: Seguimos escuchando fantásticas historias sobre banca personal de ustedes...
Miembro: Mark, soy uno de los principales asesores financieros de las empresas de jubilación más grandes de EE. UU. y hemos estado haciendo crecer nuestro Departamento de Patrimonio Personal muy rápidamente y creando nuevos servicios.
Miembro: MarkZ ¡Acabo de enterarme de que se están enviando avisos de SKR!
MZ: No se han pagado las SKR.
Miembro: Dijo que Rusia recortó la producción... precios más altos del petróleo = tipo de cambio más alto en el dinar
Miembro: ¡¡¡Rezando para que la moneda estadounidense esté respaldada por oro antes que RV!!!
Miembro: El viernes pasado hablé con un banquero de la SECU (unión de crédito de empleados estatales) y me dijeron que la nueva nota del tesoro estará disponible en octubre de este año.
MZ: Tantas historias bancarias suyas, de administradores de patrimonio, etc....
Miembro: Mi pequeño banco local está inactivo por mantenimiento. Esto también se aplica a la banca móvil.
MZ: “Un nuevo ferrocarril unirá por fin a Irak e Irán”. Tendrán un vínculo físico para la infraestructura y eso demuestra cuán poderosos se han vuelto los BRICS. Y se están alejando de Estados Unidos. Para que esto suceda, creo que Irak necesita tener su nueva moneda. Las exportaciones de Irán a Irak alcanzarán los 12.000 millones a finales de año. Para mí esto es un claro alejamiento del control occidental de Irak.
MZ: La última vez que Irak tuvo una gran moneda, estaba fuera del control de Estados Unidos. Este es un gran paso para Irak y su independencia.
Miembro: Irán ya ha sido aceptado en los BRICS... Apuesto a que Irak también se unirá pronto.
Miembro: ¿Nos estamos acercando a Nesara?
MZ: En mi opinión, sí... personalmente lo espero este otoño. Este no es un proceso de un día, así que cuando digo "caer"... creo que las cosas tienen que empezar ahora.
Miembro: Creo que Nesara ha estado en curso. Es un proceso largo para cambiar los sistemas.
Miembro: No hay muchos que hablen del final del año fiscal federal.
Miembro: sí, el año fiscal de EE. UU. y muchos otros termina el 31 de septiembre y el año fiscal 2024 comienza el 1 de octubre. Puede ser un buen momento para cambiar todo.
Miembro: ¿puede decirnos el proceso que probablemente tendremos que seguir cuando lo hagamos? ¿Cómo será su procesamiento? ¿Qué tenemos que hacer en cuanto a las huellas dactilares y todo este tipo de cosas?
Miembro: Mark siempre ha dicho que debería ser lo mismo que abrir una nueva cuenta bancaria... no hay nada de qué preocuparse.
Miembro: ¿Cuánto tiempo tendremos para cambiar nuestra moneda una vez que se liberen los números 800?
Miembro: Mark siempre decía unos 10 días para concertar nuestras citas y 30 días para intercambiar... más o menos.
Miembro: Recuerdo el año pasado en esta época, pensé que estábamos casi allí y aquí todos seguimos aquí.
Miembro: Yo también recuerdo eso. Siguen pasando los días, semanas, meses y años. un día pronto llegaremos allí
Miembro: Por favor, que este fin de semana sea la gota que colme el vaso, jajaja.
Miembro: Dije que sucedería hace 9-11 semanas, ¡veamos!
MZ: Por alguna razón mi instinto dice lo mismo…..
Miembro: Tiene sentido, Mark, originalmente se suponía que se lanzaría el 11 de septiembre.
Miembro: Eso sería un equilibrio kármico asombroso si fuera cierto.
Miembro: Voto por el "11". SÍ ! Vayamos en autocaravana el día 11... ¡¡¡Por favor!!!!!!!!!!!
Miembro: Para mí tiene sentido que activen el cambio de tipos cuando Forex esté cerrado (viernes a las 5 p. m. EST - domingo a las 5 p. m. EST) para darle al mundo la oportunidad de prepararse. ¡Pero sólo estoy adivinando!
Najaf MP calls for investigation into dollar manipulation at Mosul Bank branch in Najaf Airport, 8 SEPT
Shafaq News / The MP for Najaf governorate, Ahmed Majid, called on Prime Minister Mohammed Shia Al Sudani on Thursday to intervene and stop the manipulation and embezzlement of dollars at the Mosul Investment and Development Bank branch at Najaf Airport.
Majid told Shafaq News Agency that "the Integrity Commission (CoI) revealed that the Mosul Investment and Development Bank, Najaf Airport branch, transferred the airport's balance from dollars to dinars at the official rate and closed its current account despite the need for dollars."
He added that "the Mosul Investment and Development Bank is considered an economic party and has caused the waste of public money estimated at 1.14 billion dinars due to converting revenues from dollars to dinars and disbursing money at the official rate."
Majid emphasized that he has submitted a request to PM Al Sudani to "open a high-level investigation into the embezzlement of funds and dismiss the director of Najaf Airport due to the airport's management's complicity with the bank's management."
Earlier, CoI announced that it had seized all documents related to violations committed by the Mosul Investment and Development Bank at Najaf Airport, which resulted in the loss of more than one billion dinars. It pointed out that this was due to the airport management's failure to take legal action against the bank, which allowed the bank to exploit and benefit from these violations.
No comment has been obtained from the bank or Najaf Airport regarding this information.
Iranian official thanks Iraq, KRI for services rendered during Arbaeen, 8 SEPT
Shafaq News / Hojatoleslam Mohammad Hasan Abu Turabi Fard, the temporary Friday prayer leader in Tehran, expressed his heartfelt appreciation to Iraq, both its government and its people, including the Kurdistan Region, for their unwavering dedication in providing services to the millions of pilgrims who participated in the Arbaeen Pilgrimage.
During his Friday sermon, Hojatoleslam Abu Turabi Fard declared, "The presence of over 4 million Iranian pilgrims in this epic has engendered yet another epic."
He further acknowledged, "The pivotal role played by the esteemed Iraqi government and the great Iraqi people in facilitating this extraordinary turnout is undeniable. Men, women, and youth, their pure hearts pulsating with zeal, have come together to honor the revered master, Imam Hussein, peace be upon him."
Hojatoleslam Abu Turabi Fard continued, "We extend our gratitude to the noble youth from various backgrounds, the popular and jihadist processions, within the Islamic Republic of Iran, and especially to the people of Kurdistan in Iraq, who enriched this grand humanitarian and emotional movement with their efforts and hearts filled with love for the Lord of Martyrs."
He went on to say, "The meticulous planning, worthy of praise by the statesmen of Iran and Iraq, alongside the military and security institutions, played an admirable role in this epic and is deserving of glory and acclaim."
Last month, a source in the office of Iraq's Prime Minister, Mohammed Shia al-Sudani, disclosed the Kurdistan Regional Government's participation by sending 100 modern buses as part of the government's plan to transport and accommodate pilgrims during Arbaeen.
The source stated to Shafaq News Agency, "The Prime Minister's office proposed the participation of the Kurdistan Regional Government in the transportation plan, and the proposal received support and cooperation from the President of the Region, Nechirvan Barzani."
The source clarified, "this year's transportation plan differs from previous years," highlighting that "the directives from al-Sudani entail the rental of approximately 1200 large buses, in addition to 200 smaller buses, to complement the existing fleet of over 2000 government buses and vehicles. Twenty-three trains will also be operated to prevent extortion and exploitation of pilgrims during their transportation to and from Karbala."
The Holy Shrines in Iraq reported last week that the total number of visitors who flocked to the holy city of Karbala for the observance of Imam Hussein's Arbaeen exceeded 22 million pilgrims.
Meanwhile, the Iraqi Red Crescent Society announced that it had provided services to more than 3 million Iraqi and foreign visitors during the Arbaeen ceremonies.
The Commander-in-Chief of Iran's internal security forces, stated two days ago that four million Iranian pilgrims had crossed into Iraq through the land and air borders of Iran to participate in the Arbaeen visit.
Prime Minister al-Sudani praised the Kurdistan Region's support for the Arbaeen observance, describing the number of participants as "unprecedented," with pilgrims exceeding 22 million.
[via PDK] From Iraq...A chief strategist of the AFC Iraq fund is talking about how “Banks will fuel the next market phase of Iraq” they have made exceptional progress. Top tier banks have a lot of funding and money and this is where the future is going to explode for Iraq…and they are now ready to start funding entrepreneurs, projects etc….
This is a great piece that shows us where Iraq is heading...We were told the banking implementation is key for them to be able to change their value. It also brings financial security.
Question: If IQD and VND have agreements…will they not float up together? MarkZ: I do not expect a float. But, I am prepared in case there is one. I expect a substantial change in value …then maybe a small float.
..we are starting to see changes in bank values etc. But, not an open trade on them yet...We have seen this in the past and it’s our theory that they are preparing the process when we see those rate changes. Is this the one where they actually pull the trigger???...
The banker side has a lot of anticipation for late this afternoon...We have bank personnel keeping us abreast if any of these currencies become “tradable”...We will see what materializes. [post 2 of 2]
There are interesting things showing on currency converters…from the Forbes one to the EIX…. There are some interesting values showing on many of our currencies...
There are a lot of “inconsistencies” on currency calculators right now. We are seeing Bolivar made it up to .35 cents. (doesn’t mean you can exchange it right now) We tried... Dong rates have also been bouncing around...