"RV UPDATE" BY PIMPY, 29 OCT

 Pimpy 

There's talk about Al-Sudani doing something that will help with the dinar exchange rate... 

Article: "Sudani will announce next week a banking service that leads to the decline of the dollar" I've been racking my brain out trying to think what it is Al-Sudani is going to do.  

The only thing I can think of Al-Sudani has got to do something about the exchange rate.  What other options does Iraq have?  They rose the exchange rate last time from 1450 dinars for every dollar because the parallel exchange rate was getting out of control. 

 It stabilized for a little while but now...the parallel markets are way out of control.  You now can get 1630 for every dollar compared to 1300 on the official market...

if any of the citizens have US dollars they can get more dinars on the black market than they can through the bank at the official rate.  Where is the incentive for the citizen to avoid the black market?  The US dollar is much stronger in Iraq than the Iraqi dinar.  The only thing you could do is try to find a way to strengthen the dinar as much as possible so it can compete with the US dollar.

Let's talk about the high possibly of a reevaluation taking place here real soon with the Iraqi dinar...

 Article:  "The dollar is flying fast and registering 162 thousand dinars in the markets". 

1,620 for every dollar is a huge gap between the fixed rate of 1,320...Iraq is going to have to do something very soon about this situation.  

They can't keep allowing this to get out of control.  It's causing inflation...and it's affecting the economy... The last time we started to see this type of gap between the fixed rate and the black market rate, Iraq was forced to increase the value of dinar.

 IMO if this keeps getting out of control I don't think they're going to have any choice but to do the same thing again...

Keep in mind the Iraqi dinar before they devalued you got 1,190 dinars for every dollar, it dropped down to 1,450 for every dollar then they increased it to where you get 1,300 for every dollar.  If they go to make a move again is it possible they finally bring us back to where we started from at 1,190 or every dollar.  It almost looks unavoidable at this moment.

Iraqi Dinar🔥Expected Rate Of Iraqi Dinar To Be Very High Today 2023🔥iraq...

"THE EXCHANGE RATE REFORM GUIDANCE WITH THE IMF" BY GOLDILOCKS, 28 OCT

 Goldilocks' Comments and Global Economic News for the evening of October 28th

Good evening ,

We are witnessing several countries having gone through exchange rate reform guidance with the IMF as of late.

Here, we have Zimbabwe upgrading their currency exchange mechanisms. These changes will put them on par with other countries in trade on the new digital asset-based trading system.

Currently, the IMF is asking the banks of Zimbabwe to remove their currency rate restrictions, so they can accelerate their foreign currency reform market.

© Goldilocks

https://www.herald.co.zw/imf-implores-zim-to-pace-up-forex-reforms/

The European Union confirms its desire to contribute to the development road project, 28 OCT

 The European Union confirms its desire to contribute to the development road project

Prime Minister, Mr. Muhammad Shiaa Al-Sudani, receives the European Union Ambassador to Iraq

Prime Minister, Mr. Muhammad Shiaa Al-Sudani, received, today, Saturday, the European Union Ambassador to Iraq, Mr. Thomas Seiler. During the meeting, bilateral relations between Iraq and the European Union were reviewed, and ways to strengthen them in a way that achieves mutual interest, as well as the recent developments in the region, especially the continued attacks on the Palestinian people in besieged Gaza. 

Mr. Al-Sudani reiterated Iraq's clear and principled position calling for the international community and European Union countries to take responsible steps that lead to stopping the aggression, bombing, and targeting of civilians, opening safe corridors to deliver aid to Gaza, and relieving the Palestinian people from the tragic conditions they are experiencing. 

His Excellency also stated Iraq's desire to advance distinguished relations with the European Union and expand serious partnership in various development and economic sectors. For his part, the European Ambassador indicated that relations between Iraq and Europe witnessed clear growth during the first year of Mr. Sudanese government. He also stressed the desire of the various European parties to contribute to the development road project.

 Ambassador Siler stated that the European Union missions continue to work and cooperate with Iraq, at the highest levels, stressing the European Union’s position on developments in the Palestinian issue, working to achieve an immediate ceasefire, applying international law and opening humanitarian corridors for the passage of relief convoys.

Prime Minister’s Media Office October 28, 2023   link

"RV UPDATE" BY MILITIAMAN, 28 OCT

  Militia Man 

 A lot of different things that go on behind the scenes that your average person has no idea that it's even going on.  They're just looking for what we all are to some degree - When's it going to go, when's it going to happen.  But it's a complex process and the awesome thing about it is what we're seeing in public and behind the scenes is showing it's coming.  It's coming fast.  It's coming furious.  It's good. 

  If you've been paying attention closely, it isn't just the oil and gas law anymore.   It's the oil, gas and natural resources law.  They're going to add more to it so the citizens are going to benefit from this...that's all the politicians too. Everybody in the country is going to benefit from it...

 I'm convinced that when the time's right...they're going to use the dinar globally.  That means, you, I, Europe, everybody that has it is going to be able to use it.

Gazette Alert | Iraqi Dinar and Dong Rates | Potential for High Returns

ARTICLE 140 IS STILL OUTSIDE THE CIRCLE OF POLITICAL CONSENSUS BY MNT GOAT, 28 OCT

 THE SITUATION IS GETTING WORSE… ARTICLE 140 IS STILL OUTSIDE THE CIRCLE OF POLITICAL CONSENSUS

A member of the Committee of Regions and Unorganized Governorates in the Parliamentary Region, Jawad Al-Yassari, stressed today, Wednesday, the necessity of creating a political consensus within the House of Representatives and the government, in order to implement Article 140 of the Iraqi Constitution. Al-Yasari said, in an exclusive interview with Al-Mutala’ Agency, that “the failure to implement Article 140 and end the problems between Baghdad and the region, and even the intertwined borders between the governorates, is due to the lack of political consensus, within the House of Representatives, and also between the governments of the center and the region.”

He added, “Failing to implement this article will make the situation worse. Therefore, the parties must agree and reach effective solutions to implement it,” noting that “relying on this article and not considering it is a violation of the constitution and the law.”

A member of the Parliamentary Regions and Governorates Committee confirmed that Article 140 “is not subject to or concerned with one governorate, but rather with all governorates and regions whose lands were usurped by the former regime, and that this article was established in the constitution to address those violations before 2003.”

(All you idiot intel gurus out here suck up to this one! Once again Mnt Goat is correct and Article 140 is NOT yet implemented and must be implemented to full fill the constitutional requirements. So please stop telling your listeners  its all done and they are hiding it being done. For what reason they would do this mystifies me…lol..lol..lol 😊. Just more stupid guru talk.)

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/