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"RV UPDATE" BY FRANK 26, 12 OCT

 Frank26 

  If you are a student of Forex you will be able to see right now the Iraqi dinar is trading in massive volumes.  It is putting itself in position when the new exchange rate comes out.

 I'm frustrated like you.  I'm disappointed in Sudani although I should respect the process but dog-gone-it Sudani.

Alaq and Sudani are removing all foreign currency from your [Iraqi citizens'] country because they are protecting you and your national currency from any foreign terrorism.  They are using all mechanisms...These mechanisms come from the CBI.   They were structured by the monetary reform under Dr. Shabbibi. One of the last final things is to remove all foreign currency so you only have your currency in your country.

 [Iraq boots-on-the-ground report]  FIREFLY:  Sudani said the banks that did not have our money that we deposited have basically been using that money on the black market to make money with a high exchange rate and this will stop.  They better come up with the month to pay our deposited money back or actions will be taken by the CBI toward these banks.  He spoke to high end corruption and how this too will end.  FRANK:  I knew Sudani had everything under control but this is a little surprising to me.  It is very good news.  

Biden Administration Prioritizes Diplomacy Over Military Intervention in Hostage Situations, 12 OCT

 Biden Administration Prioritizes Diplomacy Over Military Intervention in Hostage Situations, 12 OCT

In a significant policy shift from the previous administration, a Biden aide revealed that the US is currently not considering the use of American troops for hostage rescue operations. Instead, the emphasis is on diplomatic efforts and collaboration with partner nations to resolve hostage situations.

A Shift from Aggression to Diplomacy

The decision not to use American troops for hostage rescue operations is aligned with the Biden administration’s broader approach of prioritizing diplomacy over military intervention. This policy shift reflects a departure from the previous administration’s more aggressive stance towards hostage situations. The Biden administration aims to work closely with international partners to address the root causes of hostage-taking and enhance the effectiveness of diplomatic negotiations.

Minimizing Risk to American Troops

By relying on diplomatic channels and collaboration with partner nations, the US hopes to achieve successful outcomes in hostage situations while minimizing the risk to American troops. The current administration’s approach underscores the importance of diplomacy in addressing international crises and aims to prevent unnecessary military confrontations that could put American lives at risk.

Amid Rising Concerns Over Troop Safety in the Middle East

The statement comes at a time when the Pentagon expresses concern over potential attacks on American troops stationed in the Middle East amid escalating conflict between Israel and Hamas. Defense Department officials are specifically apprehensive about Iranian proxy groups in Iraq and Syria, as well as Iranian forces in the Persian Gulf, exploiting the region’s instability to target American or partner forces.

Ensuring Defense Support to Israel

Despite not considering the use of American troops for hostage rescue, the US is committed to ensuring Israel’s defense. It is providing additional defense-related support to Israel and has deployed the USS Gerald R. Ford aircraft carrier and its strike group to the Eastern Mediterranean for deterrence purposes. The USS Dwight D. Eisenhower and its strike group will also be deployed to the region if needed. This shows that while the US is reducing its military intervention in hostage situations, it continues to maintain a powerful military presence to deter potential threats to its allies.

Coffee with MarkZ and Andy Schectman 10/12/2023

BRUCE'S BIG CALL, 12 OCT

 Bruce’s Big Call Dinar Intel Tuesday Night 10-10-23

Bruce’s Big Call Dinar Intel Tuesday Night 10-10-23

REPLAY LINK Intel Begins 1:10:30

Transcribed by WiserNow

Welcome, everybody to the big call tonight. It is Tuesday, October the 10th and you’re listening to the big call. Thanks for tuning in wherever you are around the globe. Last Thursday, we hit a peak of 198 countries with at peak time 28 point 5 million listeners.

So we really had a good reach. I think that was a record for us on last Thursday’s call so I have no idea how we’re gonna go a far we’re going to reach out tonight but we’ll see what happens. Anyway, we slice it. Thank you so much for listening everybody thanks for coming in

So let’s go into some intel.  We have been told to be ready at any moment for notifications to come out. That was told to us this morning very early.   Now, there are some political changes, I believe, that will start tomorrow  that will take place we are hearing starting tomorrow –

We are looking for a new speaker of the house, we think that’s Jim Jordan. And we also are looking for something to come out of Chief Justice Clarence Thomas with the Supreme Court – that decision, and I believe Brunson might be part of that, that he brings up.

Like we’ve been told it would so we’ll see because we’ve also been told by bond paymasters, that went in today with certain bondholders they’ve got a little bit of money more or less walking around money, we call it but they were told that they would be able to have access to the majority of their funds within the next three days. So I read that is within either Wednesday, Thursday or Friday.

Now we tend to parallel what’s going on with the bond holders – We’ve also moved to look for this in the next three days for our notifications Wednesday, Thursday or Friday.

If that occurs, we should be in pretty good shape between now and Friday.

It’s just that it’s just guys we are just right on the edge of it. We’ve been told this thing is imminent. it’s right there. Everything’s done.

I wonder whether or not what’s happening in Israel is a factor or not. You would think it would be a factor but we were told two days ago, what was happening in Israel was about a prisoner swap between Israel and Palestine and maybe one or two other countries with Israel.

Now, we understand that under just sorrow, countries need to be at peace they need to return or for prisoners of war to their proper countries. And we know that has happened in most cases. But this is one I think it’s coming down to that happening, which which started two nights ago, two nights ago, which would have been Tuesday night overnight. So is that is that accomplished that week?

 I don’t know that yet. We’re not going to know that necessarily. But I’m looking forward to all of that. And we know that there’s always clean up to take place. And the majority of that I think has been done to where we’re able to move forward. Our military and our National Guard are stationed and prepared for any hotspots, political hotspots in the country. And I believe that they’re going to be able to minimize any effects from the political turnover.

We’ll see what it looks like. We do believe that there’s a possibility that they would use the Emergency Alert System, the Emergency Broadcast System, and the emergency wireless system EWS with any announcements  as early as tomorrow. It could be on those networks and it mainstream media, television is reluctant to put this out I think they have the military has an alternative means to make that happen.

So we are right in the midst of it right now. And this is a this is really an interesting time for us. I know you guys had the faith or you wouldn’t have had the faith to believe in what we all believe in is going to take place with this resetting of global currencies. And there is just so much happening right now to make everything come together.

My understanding is that the global financial system through the quantum financial system has been completely connected interconnected with all the banks around the globe. They did get that complete. So in a startling system, I believe is up and ready to go and they’ll be increasing our speed on our cell phone service and our internet through this month – More like middle and end of October.

I told you guys last Tuesday what to expect in terms of increases in Social Security this month. And also in terms of getting the r&r, the institutional and reformational allowance is looking like right now, unless nothing changes. We are set to get those lump sums coming in for age group of 60 and older about the 18th or 25th of this month of October and that would be over a three month period of three equal payments of that lump sum divided by three paid out over the next three months, including October.

So we’ll see how this all comes together. It’s a lot to get done. I believe they’re pretty much on course. But we’ll see if if there’s any delay other than where we are right now. We kind of thought we would be notified by the day yesterday or today. And we didn’t get notified. But and then the bondholders were also told they were expecting full liquidity today. And they were just given a little bit today.

But they were told they would have their funds within the next three days Wednesday. Thursday, Friday. That’s what we’re looking for for them. And it’s also what we’re looking for, for our notifications and start of our exchanges within the next three days. Let’s see what manifests. Let’s see what happens.

So that’s what I wanted to bring to you guys tonight. And let’s go ahead and pray the call out and we’ll take it from there. Okay, thanks everybody again for listening. I hope we got a good reach tonight around the globe. Let’s pray the call out.

Dollar Prices in Baghdad and Erbil Decrease: An In-depth Analysis of the Iraqi Economy, 12 OCT

 Dollar Prices in Baghdad and Erbil Decrease: An In-depth Analysis of the Iraqi Economy, 12 OCT

In a wave of relief for the markets of Baghdad and Erbil, two major cities in Iraq, the US dollar has experienced a significant decrease in value. This development is set against a backdrop of recent fluctuations that have triggered concerns about the overall economy of Iraq.

Unraveling the Dollar’s Decline

The decline in the dollar’s value has been observed not only in the Al-Kifah and Al-Harithiya central stock exchanges in Baghdad but also in local markets. Exchange shops have followed suit, reflecting lower selling and purchase prices for the dollar. The exchange rate, which once reached a peak of 156,200 Iraqi dinars for every 100 dollars, has seen a noticeable drop compared to the previous day’s rate of 154,600 dinars for every 100 dollars.

Central Bank’s Role in Strengthening the Dinar

The Central Bank of Iraq has implemented a plan to strengthen the value of the Iraqi dinar against the US dollar. This includes measures such as reducing the exchange rate for travel or internet purchases from 1,470 dinars to 1,465 dinars. The bank is also striving to help private banks strengthen their foreign currency reserves by diversifying their holdings beyond the US dollar. It has specifically mentioned the Chinese yuan, the euro, the Emirati dirham, and the Jordanian dinar. Moreover, government banks will sell foreign currencies for purposes such as travel, medical treatment, and study.

Implications of the Rising Dollar Value

While Iraqis who are paid in dollars may have increased purchasing power due to the declining dollar value, those paid in dinars may experience a loss of purchasing power as imports and exports are paid for in dollars. The devaluation also means that imported goods become more expensive in the local currency. These factors are critical to consider given the economic challenges that Iraq has faced in recent years.

Potential Future Ramifications

The future implications of the dollar’s value in Iraq are complex and far-reaching. The country has encountered numerous economic challenges, including internal divisions, economic uncertainties, and external threats. The Kurdistan Regional Government (KRG) has also played a significant role in Iraq’s economy, experiencing its own economic boom and bust cycles. However, the KRG faces challenges such as internal divisions, weak institutions, and a lack of a clear vision for its future.

As Iraq navigates these economic changes, it is crucial to closely monitor the strategies used to strengthen the dinar and mitigate the impact of currency devaluation. The outcome of these efforts will shape Iraq’s economic future and impact the lives of its citizens. Moreover, adherence to decisions from the American Treasury is seen as necessary for Iraq’s best interest.

https://bnn.network/world/iraq/dollar-prices-in-baghdad-and-erbil-decrease-an-in-depth-analysis-of-the-iraqi-economy/

BRICS What Iraq's Cash Ban Means #IQD #VND