"RV UPDATE" BY SHEILA & CLARE, 18 DEC

SHEILA

Iraq’s elections days are 18th and 19th.  Rumor has it they will release the new exchange rate post election…we shall see if that’s true or not in the coming days.

CLARE

  Article:  "Iraq agrees with the UAE to launch financial transfer and trade financing operations between the two countries"

  Quote:  "The Central Bank stated in a statement...that Central Bank Governor Ali Mohsen Al-Alaq met in Dubai with the Chairman of the First Abu Dhabi Bank Group, Hana Al Rostamani, indicating that during the meeting it was agreed to launch financial transfer operations between the two countries and finance trade and imports between them. Iraq and the United Arab Emirates in the UAE dirham currency through First Abu Dhabi Bank "

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-clare-sandy-ingram-15-dec.html

 Article:  "Samsung: Iraq represents the most prominent market in the Middle East"

  Article:   "The World Gold Council announced, on Thursday, that Iraq and 4 Arab countries possess more than one million tons of global gold reserves ."  Quote:  "Iraq maintained its ranking of 30th globally out of the 100 countries listed in the table with the largest gold reserves, as it has not purchased gold since May, bringing its gold possessions to 132.7 tons, which represents 7.7% of the rest of its other reserves ."

Article: "Zain Cash relaunches the “Western Union” service" 

  Quote: "In light of the rapid development in the world of financial transfers and a renewal of the company’s commitment to providing safe and reliable services to its customers,  Zain Cash has relaunched the Western Union service after updating and developing it, "

 Article:  " Government source: Starting to implement the banking arrangements agreement with Türkiye” 

 Quote:  "The Central Bank has reinforced tens of millions of euros as an initial payment to cover retailers’ imports from Turkey."

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-clare-8-dec.html

Coffee with MarkZ. 12/18/2023

Iran-Backed Militias Attack U.S. Targets in Iraq: Implications for Iraq’s Stability, 18 DEC

 Iran-Backed Militias Attack U.S. Targets in Iraq: Implications for Iraq’s Stability

Recent attacks by Iran-aligned groups on U.S. targets in Iraq have rattled the foundations of Iraq’s security and stability. These attacks, which include assaults on diplomatic headquarters, military bases, and troops, are closely interconnected with the Israeli-Gaza conflict, and notably escalated following Operation Al Aqsa Flood on October 7.

Government Response and the Militia Challenge

The Iraqi government, led by Prime Minister Mohammed Shia Al Sudani, has firmly condemned these attacks, blaming them on Iranian-backed militias such as the Badr Organization, Kata’ib Hezbollah, Asa’ib Ahl al-Haq, and Kata’ib Sayyid Al-Shuhada. Despite attempts to rein these groups in, the continued proliferation of weapons among non-state actors and the glaring inability of the Iraqi state to maintain control over security decisions persist.

Post-Operation Al Aqsa Flood meetings in Baghdad, involving Iranian officials and Iraqi militia commanders, underscore the overreach of non-state actors and the blatant undermining of Iraqi sovereignty.

Iran’s Strategic Calculus

The attacks, spearheaded by pro-Iran militias, are seen to harbor deeper motives than merely supporting the Palestinian cause. As per some Iranian experts, these actions are part of Iran’s strategic intent to expel U.S. forces from Iraq and expand its influence within the country unopposed. These developments risk escalating the conflict into a regional war, with profound implications for the Middle East and beyond.

Implications for Iraq’s Future

The current state of affairs threatens to derail Iraq’s journey towards economic and security improvements. Trade agreements execution and international assistance efforts are being obstructed, casting a dark cloud over the future of the nation. The resurgence of security turmoil in Iraq is hindering regional and international assistance, thereby impeding potential investments and trade agreements.

https://bnnbreaking.com/international-affairs/iran-backed-militias-attack-u-s-targets-in-iraq-implications-for-iraqs-stability/

"RV UPDATE" BY MARKZ, 18 DEC

 MarkZ 

 [via PDK]  I am not worried about a float. None of my bankers are worried about a float...I was told that because of the “Oil for Dinar“ program –the redeeming banks or redemption centers that this will be our best price.  All my bankers agree

They have been very upfront over the last couple of days that we are very close to the finish line for the Iraqi people.  This is about all they can say without giving away to much.  It is very exciting what we are hearing in Iraq. ...The leaders are telling the people that they are about to have an imminent change coming to their valuations and to pay attention when they shop...Most people believe they are setting us up for the next few days. I believe they may be accurate...It is coming from many different angles and directions.

 From Iraq:  “Statement of the Iraq Economic Contact Group of the G &, European Union and World Bank” They had some phenomenal meetings over the week about the tremendous progress that they have made in Iraq. This is coming from our own US embassy and consulate in Iraq. They talk about the budget and how it is “life changing” to Iraqis…. 

 Even more important is what is going on in the streets of Iraq in the last day. Sudani is explaining to the citizens that they need to pay attention to “valuations”. Especially in shopping and in stores. This is because they are strengthening the dinar.

Iraq Dinar - Iraq Internationalism - IMF - WB -Ernst & Young - WTO - LIVE BY MILITIAMAN

🔥Iraqi Dinar🔥A Big Change🔥News Guru Intel Update IQD Value to USD🤑💵🤑🎉

"RV UPDATE" BY FRANK26, 18 DEC

 Frank26 (KTFA)

There is hidden information being revealed in these [This week’s bank story] phone calls…They’re running out of time…The Venturi effect of the whole monetary reform is becoming so narrow he can barely get everything through fast enough right now.  The employees are being educated/updated.  Very good.  They are telling them the dinar…we’ll be doing it, sure…

The banks know when and they’re getting the customers ready and preparing them…This is what I am coming across…You may be still getting a lot of denials and that’s still to be expected, but I am a central hub of information.  People call me because they want me to share it with you…these bank stories are powerful.

If you held your dinars for 1 year and you have the receipt to prove that, the date, then more than likely you’ll be somewhere in the 20% range of taxes.  If you…have no receipt, oh boy, you might be in the 40%.  Yikes. 

 You have 1 million, you’ll have to give Uncle Sam $400,000.  I’d rather give him $200,000 because I have a receipt where I’ve held my dinars for at least 1 year.  For those of you…that just bought your dinars last month.  Hmmm.  You may have to consider to hold on to them for another 11 more months for tax purposes.