"RV UPDATE" BY PIMPY, 25 OCT

 Pimpy

  Iraq continues to move forward to do what they can for the Iraqi people, improving more on the banking sector, trying to find ways to make their economy stronger but these conflicts are causing huge delays and huge issues in Iraq and we don't need that at this time.

 Iraq continues to move forward to do what they can for the Iraqi people, improving more on the banking sector, trying to find ways to make their economy stronger but these conflicts are causing huge delays and huge issues in Iraq and we don't need that at this time.

Article:  "Iraq recovers $70 million smuggled into Switzerland"  

Remember I spoke about this before that there's a lot of unaccounted for Iraqi dinar that's somewhere.  It's considered stolen. 

 So before they do any kind of RV or major RI they have to make sure to account for as much of it as possible to make sure when they do this they're not enriching some terrorist group...This is great news.  That's a huge chunk of money they got from over there in Switzerland.  Let's hope they continue to recover it all.  The sooner the better.

Goog nes the cbi start taking decisions BY NADER FROM MID EAST

Iranian proxy in Iraq vows to expand attacks on US bases in the region, 25 OCT

Iranian proxy in Iraq vows to expand attacks on US bases in the region

A shadowy Shiite militia in Iraq has threatened to strike US military bases across the Arabian Peninsula, expanding the number of recent attacks on American troops by Iran-backed military groups.

US forces in Iraq and Syria have faced a surge in rocket and drone attacks due to Washington's support for Israel's bombardment of the Gaza Strip after Hamas operatives killed more than 1,400 people, most of them civilians, in cross-border raids on October 7.

The Israeli attacks have killed more than 6,500 people so far, most of them civilians, leading to widespread anger across the Middle East.

“We affirm that our patience has limits,” Alwiyat Al Waad Al Haq – Abnaa Al Jazeera Al Arabiya (AWH), or the True Pledge Brigades – The Sons of the Arabian Peninsula, said on Telegram late on Tuesday.

The statement went on to say the group considered US bases in the region as targets.

AWH is considered to be one of many groups created by Tehran, comprising trusted fighters from its most powerful militias in Iraq.

The small, elite and fiercely loyal bands are highly trained in drone warfare, surveillance and online propaganda, and answer directly to officers in the Quds Force, an arm of the Islamic Revolutionary Guard Corps that controls allied militias abroad.

These militias have been responsible for a series of increasingly sophisticated attacks against the US and its allies in Iraq and abroad.

AWH claimed responsibility for drone attacks on the Arabian peninsula in 2021 and 2022.

https://www.thenationalnews.com/mena/iraq/2023/10/25/iranian-proxy-in-iraq-vows-to-expand-attacks-on-us-bases-in-the-region/

No excuse for Iraq to obstruct Kurdish ‘financial entitlements’: KRG council, 25 OCT

 No excuse for Iraq to obstruct Kurdish ‘financial entitlements’: KRG council

ERBIL (Kurdistan 24) – The Kurdistan Regional Government (KRG) Council of Ministers convened on Wednesday and was chaired by Prime Minister Masrour Barzani, according to a statement from the KRG.

The meeting began by discussing the results of the KRG delegation’s visit to Baghdad on Oct. 18, where it met with Iraqi finance ministers and auditors.

The council instructed the finance ministry and the delegation to remain in constant contact with their counterparts in Baghdad.

In terms of transparency, the council emphasized that the Kurdish government presents all information and figures candidly, and does not willingly withhold information from the public. 

The ministers also ensured that the data, information, and figures are accurate, leaving, as they argue, no excuse for the Iraqi government to obstruct the distribution of the Region's “financial entitlements.”

Fariq Sulaiman, the audit head of the KRG, later highlighted necessary measures of the joint investigation process between Erbil and Baghdad.

To make the audit process successful, as Mr. Sulaiman reasoned, the finance ministers of the Kurdistan Region must coordinate with Baghdad to provide the necessary information and data related to revenues, expenditures, and public property. 

Various reports were then submitted about revenues, expenditures, oil production, and civil servant salaries, providing an essential status update on the Region's crucial economy.

https://www.kurdistan24.net/en/story/32957-No-excuse-for-Iraq-to-obstruct-Kurdish-%E2%80%98financial-entitlements%E2%80%99:-KRG-council

Waiting Confirmation: New RV Window?💣1 IQD = $3?🤔Iraq Dinar RV Updates |...

Sudanese announces a new measure regarding the dollar crisis in Iraq, 25 OCT

 Sudanese announces a new measure regarding the dollar crisis in Iraq, 25 OCT

Tuesday, Prime Minister Muhammed Shiaa Al-Sudani announced legal measures to deter dollar speculators.

During a press conference, Al-Sudani stated that they have supported a set of measures that will play a crucial role in solving the dollar crisis in Iraq. He further added that the crisis has led to the emergence of a group of speculators who have turned some merchants and private banks into currency traders.

He said that they, along with the Central Bank, have legal procedures in place to prevent speculators. Additionally, there are security agencies and committees dedicated to enforcing these procedures.

The Prime Minister stated that the Central Banks of Iraq and Iran agreed to use the Toman instead of the US Dollar.

"RV UPDATE" BY SANDY INGRAM & NADER FROM MID EAST, 25 OCT

 Sandy Ingram 

 There is a global shortage of wheat due to Russia's invasion of Ukraine...Next year flour prices in the United States will skyrocket due to drought...

 Dunums is the unit of measurement of land in the Middle East.  One acre equals approximately 4 dunums. Iraq will plant 1.5 million dunums in irrigated areas of the desert and 4 million dunums in desert areas using underground water.  

This planning event will take place during the winter months (October and November) and will secure Iraq's food security for the coming year...

 Nader From The Mid East     

I believe it's going to get higher.  I believe it's going to be 3 to 1...but we don't know. 

Article: "The governor of the Central Bank Ali Al-Alaq...

considered the process of stabling the dinar exchange rate against the dollar as a big operation that requires changes to the Iraqi commercial system...This came in a speech during the first annual banking conference hosted by the city of Erbil under the slogan 

The Banking Sector Opportunities for Advancement and the Future of International Companies."