Thursday, November 23, 2023

"RV UPDATE" BY MILITIAMAN, 23 NOV

 Militia Man

 Article:  "Alaq says the rise in the exchange rate in his time and the project to delete the zeros still exists"   When was that?  July 26, 2023.  The plan is still underway, hasn't changed.  It's a dynamic and fluid circumstance.  We had the Bank of International Settlements come out and talk about highly complex financial transactions ...shocks, warning people...we can see there's some fireworks going on...in the background.  

We're hoping Iraq will show us they have Article VIII compliance any time now.   Let's see what happens...

 Article [via MeetMeOnline] quote: 

 "Easing of global commodity prices, the revaluation of the dinar, the continued price subsidies are projected to keep inflation in check...

 This is coming from the World Bank...price subsidies are projected to keep inflation in check because of why?  Because of the revaluation of the dinar...The World Bank are the ones talking about the revaluation of the dinar and the revaluation will help facilitate [many things] ...

  Article quote:  "Many countries in the region and the world have expressed a great desire to participate in this project [Iraq's Development Road Project] especially since it will be the most appropriate, shortest, least expensive way to transport goods between the continents of Asia and Europe"

  It's going to be a major hub of the globe and you're thinking that Iraq can't ever revalue their currency?  I think that is just flat-out silly.  To think that it's not going to ever happen...the news speaks for itself...

https://dinarevaluation.blogspot.com/2023/11/rv-update-by-militiaman-samson-22-nov.html

]https://dinarevaluation.blogspot.com/2023/11/rv-update-by-militiaman-20-nov.html

Iraq’s Prime Minister Al Sudani promotes transparent governance through ‘Al-Watan wal Nas’ program, 23 NOV

 Iraq’s Prime Minister Al Sudani promotes transparent governance through ‘Al-Watan wal Nas’ program, 23 NOV

In a significant move towards transparent governance, Mohammed Shia’ Al Sudani, the Prime Minister of Iraq, has initiated a dialogue with the Iraqi public through the ‘Al-Watan wal Nas’ program. This initiative, unique in its approach, underscores Al Sudani’s commitment to openness and his proactive approach towards addressing citizens’ concerns.

Al Sudani Engages with Citizens

Al Sudani’s approach to governance is characterized by an active engagement with the public, a trait highlighted by his participation in the ‘Al-Watan wal Nas’ program. By directly interacting with the citizens and addressing their concerns, Al Sudani aims to foster a sense of community and shared responsibility. The program not only promotes transparency but also instils a sense of accountability within the government, showcasing the administration’s commitment to its people.

A Platform for Dialogue

‘Al-Watan wal Nas’ serves as a platform for citizens to voice their concerns and engage in constructive dialogue with the government. The program’s objective is to create a bridge between the administration and the public, promoting open communication and fostering a responsive governance. With this initiative, Al Sudani is setting a new standard for public engagement in governance.

Commitment to Openness

This initiative is a tangible manifestation of Al Sudani’s commitment to openness and communication. By engaging in dialogue with the populace, Al Sudani underscores the importance of citizen participation in governance. This move also signals the administration’s readiness to listen to public opinions and act accordingly, further strengthening its bond with the Iraqi people.

Although further details about the discussion’s nature, topics covered, or the outcomes from this interaction are not provided, Al Sudani’s willingness to engage in such a public platform is a promising sign of progressive governance, a testament to the administration’s commitment to the people of Iraq.

https://bnn.network/politics/iraqs-prime-minister-al-sudani-promotes-transparent-governance-through-al-watan-wal-nas-program/

Iraqi Council of Ministers Establishes Joint Committee for Border Crossings, Welcomed by Kurdish Official, 23 NOV

 Iraqi Council of Ministers Establishes Joint Committee for Border Crossings, Welcomed by Kurdish Official, 23 NOV

In a significant development, the Iraqi Council of Ministers has decided to establish a joint committee to scrutinize border crossings operations, a move hailed by a Kurdish regional official in Iraq. The official emphasized the necessity of this decision, asserting the Kurdistan Regional Government’s (KRG) vital observations should inform all decisions and directives related to the border crossings.

Rojava Conflict: An Unending Story

The decision comes against the backdrop of the ongoing Rojava conflict, also known as the Rojava Revolution, in northern Syria, a region also known among Kurds as Western Kurdistan or Rojava. The conflict, rooted in the historical repression of Kurds and other ethnic minorities in Syria, has become an integral part of the larger Syrian civil war and the Arab Spring. The strife led to the formation of the Autonomous Administration of North and East Syria (AANES) in 2016, a Kurdish-dominated coalition striving to establish a new constitution for the de facto autonomous region.

Implications of the Conflict: A Far-Reaching Impact

The conflict’s implications stretch beyond Syria and have recently manifested in the form of Turkish airstrikes on Iraqi territory. These attacks, specifically targeting the Kurdish region, resulted in the tragic loss of several members of the region’s counterterrorism force and Kurdish Peshmerga forces. The aftermath of these events has escalated the ongoing tensions between Iraq and Turkey, specifically concerning the Kurdish region.

Border Disputes: A Global Phenomenon

Border disputes are not a phenomenon exclusive to the Middle East. A relevant instance can be observed in the recent protocol signing between Kyrgyzstan and Tajikistan concerning disputed border areas. This agreement aims to resolve ongoing conflicts and clashes, thereby offering an interesting parallel to the formation of the joint committee in Iraq.

Alongside these developments, a six-hour reduction in electricity supply was reported in Penjwen, a town in the Kurdish region of Iraq. The official did not elaborate on the cause or implications of the power cut, leaving room for speculation and concern.

The Iraqi Council of Ministers’ decision to establish a joint committee to review border operations is a promising step forward. It underlines the importance of negotiation and collaboration in addressing territorial disputes and maintaining peace. The Kurdistan Regional Government’s inclusion in these discussions signifies recognition of their essential role in shaping policies and decisions related to border operations. Yet, the situation remains complex, with the Rojava conflict and power cuts in Penjwen adding another layer of intricacy to the already convoluted landscape of Middle Eastern politics.https://bnn.network/politics/iraqi-council-of-ministers-establishes-joint-committee-for-border-crossings-welcomed-by-kurdish-official/

That’s a good news article from salah and stability of the dinar

Washington has reached the "stage of insanity". Bombing of Iraqi headquarters and blood 'will not end without repercussions', 23 NOV

 Washington has reached the "stage of insanity". Bombing of Iraqi headquarters and blood 'will not end without repercussions'

Baghdad Today - Baghdad

The leader of the Coordination Framework, Turki Al-Atabi, confirmed on Thursday (November 23, 2023) that America has reached the stage of madness in dealing with Middle East issues, especially after the recent targeting of the headquarters of the Popular Mobilization, which may lead to a major confrontation.

Al-Atabi said in an interview with "Baghdad Today" that "America is the gateway to chaos in the Middle East and is the one who is running the war of extermination that has been taking place for more than 40 days in Gaza and the rest of the Palestinian cities by pumping weapons and money to the Zionist entity and thwarting any attempts aimed at stopping the fire."

He added, "Targeting a force of the Popular Mobilization Forces and the fall of 8 martyrs and a number of infections is a blatant attack that indicates that America has reached the stage of madness in the Middle East and wants to create a major confrontation to protect the usurping Zionist entity in Palestine."

Al-Atabi pointed out that "the bombing of the headquarters of the Popular Mobilization will have serious repercussions and the blood of the martyrs will not be in vain," noting that "the people with all its components have become aware of all the malicious agenda "Sponsored by Washington in Iraq in order to protect its interests."

"The demand to remove the remaining US forces in Iraq is a popular demand because there is no stability or security with a brute force that kills its sons in broad daylight under flimsy pretexts," he said.

Earlier, MP Rafik Salhi, a member of the Coordination Framework, revealed the existence of a parliamentary movement aimed at legislating the law "Prosecute the United States of America.

Al-Salhi told Baghdad Today that "a movement of deputies from different political blocs is currently working to collect signatures in order to submit a draft law aimed at prosecuting the United States of America for the crimes it committed against Iraqis, from the day of the occupation of Iraq until now, especially after its recent crimes in the Jurf al-Nasr district."

He added that "the recent US crimes targeted an official government force, and this is a serious violation of Iraq and its autonomy and a threat to its security and stability, and this requires firm positions towards the American presence, and we will work in every way to end this illegal presence, and we will work to prosecute Washington for all its crimes against Iraq and Iraqis."

US drones bombed the headquarters of the Popular Mobilization Forces in the Jurf al-Sakhar area of Babil province, killing 4 victims and wounding two others, after a similar operation targeted a vehicle of the crowd in the Abu Ghraib area, west of Baghdad.

A parliamentary committee answers: Is Kurdistan forced to pass the oil and gas law?, 23 nov

 A parliamentary committee answers: Is Kurdistan forced to pass the oil and gas law?, 23 nov

Today, Wednesday, the Oil, Gas and Natural Resources Committee explained the way to improve the Kurdistan Region’s relations with the federal government, and while it confirmed that the region has become “forced” to submit to the requirements of the next stage, it pointed to the importance of the Oil and Gas Law.

Committee member, Intisar Al-Jazairi, said in an interview with the Maalouma Agency, “The current government has come a long way in its understandings with the Kurdistan region regarding the oil file, and handing over the quotas imposed on it in the financial budget.”

She added, "The Kurdistan region has become forced to submit to the requirements of the next stage, especially regarding the oil and gas law, given that the law is not specific to the governorates for which the federal government is responsible only, but also includes oil that is under the control of Kurdistan."

The oil parliamentary member explained, “If the Kurdistan region wants to improve its relations with the federal government, by paying taxes, or by exporting oil, it must submit to the oil and gas law.”

Al-Jazairi confirmed, “The government and Parliament are waiting for the legislation of this law until it finishes the issue of how to export oil, or invest gas in the coming stages.”

Earlier, a member of the House of Representatives, Kazem Al-Touki, confirmed that all technical problems surrounding the oil and gas law have been resolved, with the exception of the political problems between Baghdad and Erbil regarding the law, which require intervention from the active parties to resolve the problems surrounding the law.

The oil and gas law is one of the issues that has sparked controversy between Erbil and Baghdad for many years, but it was agreed to approve this draft law between the two parties within the framework of a political agreement that led to the formation of the current government.   link

"RV UPDATE" BY MNT GOAT, 23 NOV

 Mnt Goat 

So, how long will us investors in the IQD have to wait before Iraq is allowed to liberate it’s own currency? Why do I say “now is the time”?  We know they are completely out of Chapter VII sanctions since December 2022, and so why not treat them as such? We know they want the Iraq funds (nearly USD 115+ billion) released from the NY banks and put in their custody to do what they want with it... We know they have plans for yet more Sovereign Funds to invest their reserves. We know they are making agreements now for “currency swaps” and will no longer be using any US dollars in Iraq as of January 1st 2024

  We know since January they have undertaken a massive “de-dollarization” program and told it should have taken 6 years but they decided to do it in 1 year (2023)Why such a hurry?  We know the value of the IQD right now without any further economic development does exceed even pre-1991 era ($3.22) but still at 1/6 of a penny?   We know Iraq now pumps 2/3 more oil than in pre-1991 era.  We know Iraq also has announced 132+ tons of GOLD reserves. We know they are pushing this year alone, more than any other year since 2005, for the passing of Oil and Gas law. Why?

 The saga about the Iraqi dinar RV only gets better and better as the months roll on.  Folks, we are almost done with this long journey. More and more pieces of the puzzle are put in place over these past weeks. We can now see the picture and see it clearly. It has become not a matter of “if” this event will occur but “when”.  Iraq has given us further nuggets of information to speculate but with pretty good evidence that our speculative conclusions maybe spot on.

   Wednesday intel call to my contact at the CBI:  I was told  there was a TV media output broadcast that told the citizens the official rate of the dinar would be over $1 in the coming days.  They used the PM Al-Sudani in a speech like format to explain most of it...This is part of the education process. So, it did begin...I was told that the process of the revaluation is now in motion and they expect to begin issuing the newer lower denominations to the banks in exchange for the larger 3 zero notes...

when they do distribute the lower denominations to the public for circulation, they will start at the airports first...they are only going to use dinars exclusively as of January 1st, 2024 in Iraq. This is also why they needed and allowed to let the banks now hold other foreign currencies besides dollars.    


.Iraq is just moving now to standard protocol in money exchanging. This is such fantastic news. As of January 2024 there will be no more program rate...There will be no more dollars taken by any merchant in Iraq...But what is the timing of the switchover, I asked?  First let me say it is not going to be a sudden switchover all at once, as many of us anticipated

I was told it would be more gradual and has already begun. So, there is no turning back...Based on this latest conversation with my CBI contact, it could be said that they might be planning to RV prior to January...I will tell you I have never received such good information before...