Al-Fateh: The Sudanese government thwarted the region’s attempt to push Washington into the crisis line
Al-Fateh - The Sudanese government thwarted the regions attempt to push Washington into the crisis lineInformation / Baghdad..
The leader of the Al-Fatah Alliance, Ali Hussein Al-Fatlawi, confirmed on Sunday the success of the government of Muhammad Shiaa Al-Sudani, in thwarting the region’s plan by throwing the American party into the line of the latest crisis with Baghdad.
Al-Fatlawi told Al-Maalouma, “The demand of some regional leaders for American intervention in the crisis line of the region and the center, to be a pressure card on the Sudanese government,” pointing out that “it was thwarted by informing the American side not to intervene because the crisis is an internal matter.”
He added, “The external forces that the regional leaders were relying on began to abandon them because they found a real policy and a strong government inside Iraq. ”
He pointed out that “the Sudanese government has thwarted all the region’s attempts through the intervention of the external factor, including the American side, by informing them that the crisis between the region is internal and can be resolved by sitting at the negotiating table and in accordance with the Iraqi constitution.”
Al-Fatlawi pointed out that “some of the region’s leaders begged the Americans for help to be a pressure card on the government of Muhammad Shiaa al-Sudani.”
Recently, it sparked a major dispute between the governments of Baghdad and Erbil over the file of salaries for Kurdistan employees and the financial shares for the region, at a time when the federal government confirms that the Kurdish side is not committed to handing over the financial shares imposed on it.
A shocking number in the number of electronic financial cards in Iraq, and this is the amount allowed to be withdrawn daily
On Sunday, financial and banking experts revealed the number of electronic financial cards in Iraq and the size of the amount allowed to be withdrawn daily.
Financial and banking expert Dr. Mahmoud Dagher said in an interview with the Al-Thamia program presented by our colleague Ahmed Al-Tayeb told that “the number of electronic financial cards has exceeded 20 million cards in the country,” explaining that “the amount that is allowed to be dealt with daily via the card is $1,400.” For a regular card.
He pointed out that “a large portion of the dollar in Iraqi markets goes to Iran,” noting that “transfers through the platform do not allow any transfer to go to the sanctioned entities.”
Dagher continued, “Bank owners will no longer be involved in transfers to banned entities,” noting that “Iran will not be able to enter a single dollar except with the approval of the United States and through the European mechanism.”
He pointed out that “Iraq cannot solve Iran’s major problems with the international community,” explaining that “the stock exchange for selling the parallel dollar is not in Baghdad.”
For his part, Mustafa Akram Hantoush, an economic expert, said, “The US Treasury Assistant Secretary’s goal in visiting Iraq is to stop the smuggling of dollars across the border, and she is responsible for stopping the smuggling of dollars to banned groups.”
He pointed out that “there is a process of collecting small remittances in some non-sanctioned countries and then they are resold locally,” noting that “banning new Iraqi banks has become useless for the United States.” link
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: Good morning, everybody hope. You had an awesome weekend. Let's hope for a awesome week.
Member: Let’s get this RV started…GM everyone
MZ: Everything has been good over the weekend. A lot happened over the weekend.
MZ: A huge amount was accomplished on the HCL in the Kurdish region….and budget agreements.
MZ: Nader did a good one and I highly suggest you go listen to it. This tremendous HCL progress is definitely the talk on the streets over there. It’s the execution of the HCL we are waiting on.
MZ: I have been told over the last 15-20 years that when we see HCL (hydrocarbon law) finished and executed we would be days from the rate change…so I am super excited about the progress over the weekend and it certainly lines up with what my sources are saying
MZ: I am hearing anywhere from the 20th of September to the 8th or 10th of October to be completed. This means they want to have finished all the bond groups and having everyone paid ut by then ….which means they have to start much sooner.
MZ: So for me, this means anything after Wed this week is fair game. And I am excited with the progress on the HCL in Iraq.
Member: I believe the HCL includes weekly or monthly payments to all Iraq citizens a percentage of oil profits? So that’s big. Kuwait does this as well for their citizens.
Member: MM said last night that Iraq was cutting internet starting yesterday for 11 days???
Member: I wonder if we will have 10 days of everything off?? electric and phones?
MZ: It official story in Iraq is the internet was shut down for student exams…..Anybody buying that??? I’m not buying that.
Member: 196 countries meeting 19th-26th let’s see this happen
Member: Sudani has already arrived in New York for the big UN meetings.
Member: I wonder -Does the passage of the HCL mean we will have a new rate?
Member: that is exactly what it should mean .
MZ: I was always told HCL before the rate change.
Member: HCL - hydrocarbon law = money for Iraqi oil producers AND the people of Iraq
Member: Yes…. Hydro carbon law. It gives citizens a portion of the profits from oil sales.
Member: Indonesia rupiah in the first basket?
Member: It is sure supposed to be.
Member: Do you think exchange centers will be funded with FIAT DOLLARS?
MZ: No I do not. I believe we will be funded with gold/asset backed money. If we do get fiat…nobody panic. We just will all need to make plans accordingly.
Member: What do you think the RV rate for the dinar will be?
MZ: I believe it will be between $4 and $6 dollars….just my opinion.
Member: Melanie Hinds says to not trust redemption centers ….they will scam us at our exchange.
MZ: I have to disagree. When we go to a redemption center it is not going to be staffed by unknown people. It’s going to be through one of the main tier 1 banks….depending on your area….It could be WF, 5th/3rd bank, Chase bank ect…..Having a close contact that has helped set these up…I am confident in that. These will just be special offices with staff that are trained to exchange.
Member: And redemption centers could just be an empty office in a bank building…or an empty bank building…or on military bases…….they should have good security as well.
Member: Steve Bannon just announced that he was gonna do a show on how Nixon took us off the gold standard and how we got where we are today
Member: Mark, Have you made your reservations to return stateside yet???
MZ: Yes I have. I’m going back on Thursday night. Have some business to take care of. And I feel like we are so close to exchanging….there are some things I want to take care of. So I will miss the Thursday Night show….I will be in the states a week or two.
Member: I still believe this will be a “A September to Remember”
Member: See everyone tonight
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THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary, medical opinions or many guests on this stream……just RV/currency related topics.
[via PDK] Question: Fact or fiction…some dinar sellers are being told they can no longer sell? MarkZ answer: Fact. Some of the smaller dealers have had their supply and purchasing limited as to what they can buy at all…yes…I have talked to a couple of smaller dealers that have had their access cut off so they can no longer get it. They can no longer get dinar. So, is this important or is this the US stopping dinar from getting outside and flowing to Iran?
Member Comment: I am hearing Tuesday is our day. MarkZ: That timing certainly fits. We are also expecting an announcement from the Iraqi officials here in the states at that same time.
Most of the news we are expecting should start tomorrow or Monday coming out of Iraq...
we are expecting a lot of activity tomorrow and Monday.
Well…this surprised me, but I got it from 3 different sources that they are (with hopeful anticipation) keeping a skeleton crew in call centers/ redemption centers and working on how they are going to handle appointments... I think this is good news. I think it's comforting that the banking side of this is taking it seriously and has a small crew ready - just in case they pull the trigger.
Question: Do we know why Iraqi delegates are coming to DC on Sun-Tues?? MarkZ answer: I believe it is for an announcement that will make us all very happy. At least we sure hope so.
Al-Bayati: Iraq has its options to deal with currencies alternative to the dollar
9-17-2023
Al-Bayati - Iraq has its options to deal with currencies alternative to the dollarInformation / Baghdad…
Former MP Jassem Al-Bayati confirmed on Sunday that Iraq has alternative currencies that can be agreed upon with the US Treasury to deal with in the event of sanctions being imposed on some banks.
Al-Bayati told Al-Maalouma, “The visit of the US Treasury delegation to Baghdad comes in preparation for the visit of a delegation from Baghdad to Washington, where some points were set by the Central Bank regarding alternatives to the dollar, such as the euro, the UAE riyal, and the Chinese yen.”
He added, “The US Treasury’s acceptance of the aforementioned alternatives will be a positive factor for Iraq,” noting that “there is a fear of imposing restrictions and severing the relationship in dealing in the dollar currency with some Iraqi banks.”
He stated that “the restrictions that the US Treasury may impose on some banks will allow them to deal in other currencies if this is agreed upon, and it is unlikely that sanctions will be imposed. If this existed, it would be announced explicitly, and in the end.”
Deputy: The Continued Rise In The Exchange Rate Of The Dollar Against The Dinar Requires Serious Government Measures, 18 SEPT
Economy 11:16 - 2023-09-18 Member of the Parliamentary Finance Committee, Mustafa Al-Karaawi, confirmed that the continued rise in the exchange rate of the dollar against the dinar requires real government measures.
Al-Karaawi said in a press interview, “The US Treasury Department’s imposition of new sanctions on Iraqi banks means that Iraqi banks have not adhered to the instructions,” warning of “major economic repercussions that the Iraqi financial market will witness, due to the United States imposing sanctions on a number of banks, including a rise in... Dollar exchange rate.
He added, “The rise in the dollar exchange rate will not stop, and there will be a gradual rise every day, and this matter requires a real government stance and measures to address this matter,” noting that “the issue may turn into a monetary crisis like the one that occurred during the past months with the beginning of the formation of the new government.” This matter requires an Iraqi diplomatic movement towards the US Treasury and the US Federal Reserve.”
The representative pointed out that “the Finance Committee will work to host the figures and responsible authorities in the Central Bank to discuss the repercussions of the crisis and to find out what the bank’s measures are to confront the significant rise in the exchange rate in the local market.”
The dollar exchange rates continued to rise on the black market, as the exchange rate reached 158,250 dinars per 100 dollars. https://kirkuktv.net/AR/Details/17453