Prime Minister Mohammed Shia Al-Sudi received today, Tuesday, the Ambassador of the Republic of Austria to Iraq, Andrea Nasi, on the occasion of receiving his duties as a resident ambassador of his country in Baghdad.
A statement from the Prime Minister’s Office, a copy of which was received by {Euphrates News} said that “the meeting witnessed the discussion of various aspects of bilateral relations between the two countries, and ways to enhance them towards strengthening common interests, and the transport agreement to be signed between the two countries was also discussed.”
Al-Sudani pointed out “the importance of appointing a resident ambassador for Austria in Iraq after thirty years of absence of diplomatic representation at the ambassador’s level, stressing that this step will support relations between the two sides, expand opportunities for exchange and partnership, welcome the business opportunities of Austrian companies in Iraq, and open up to their contribution in partnership with the Iraqi private sector.”
During the meeting, Al-Sudani indicated the importance of supporting stability in the region, and the need for the large powers, the international community and the European Union countries to take responsible positions towards the situation in the occupied territories, stop the brutal aggression on the Gaza Strip, and relief the afflicted Palestinian people.
For his part, the Austrian ambassador conveyed his country’s government’s congratulations on the success of organizing provincial council elections, and its desire to strengthen cooperation with Iraq, and participate in development plans, infrastructure and development road projects.
I asked [my CBI contact] what the next targeted steps were and I was told that the committee does not even know and were told just to standby and the CBI is going to try to “push” to continue as they are ready for the next step in the process. I was told the IMF is negotiating the new peg for the dinar but to remember it impacts all countries in this new peg not just Iraq.
I was told this is close to being completed and should be done this week ending. This lines us up for next week to begin the currency sway [swap ?] out, but they told me it is delayed until further notice.
So, at least we now have a timeline when they did plan it and still could do it based on what happens with the US bombing issue. My contact did reiterate that the process now is irreversible and must go forward. The US had already given assurances they would not back out if the CBI moved ahead. So all I can say is let’s sit tight and watch what does happen in the coming week.
...just recently Iraq now began broadcasting news in-country to the citizens that the dinar is an “issue of a homeland” in a real way...a patriotic video...is telling the people that the dinar is valuable and will revitalize the nation...It DOES NOT say the dinar is going to be stronger than the dollar, but it does tell the citizens they should be very proud of their national currency and that it is very valuable. Valuable at 1/6 of a penny? ...something BIG is about to happen with the dinar...
As you know I try to talk to my Iraqi CBI contact each week on Wednesdays and sometimes also on Saturdays. My contact is a very god friend that I met when I was stationed in Iraq during the occupation timeframe. I trust what my contact says to me. Besides we are getting information first hand from an actual citizen living, working and experiencing everything happening in Iraq without bias or propaganda.
We began our conversation with talk about the disputes going on with the US forces and all the bombings. This is important I was told. Who is conducting the bombings and does the US forces have a right to protect themselves? It was confirmed to me that this is all a movement to rid Iraq once again of US forces. There is lots of propaganda being told to the people about this to get pressure on the government to rid them of the US.
Remember too, the Iranian militia has remained in Iraq post ISIS war. That was over 16 years already since the war ended (2007) and so many look at them now as Arabic, Moslum brothers compared to the western armed forces, at least this is what many Iranian Shia think. Remember there are patriotic Shia and then there are Iranian Shia. This is the middle eastern culture. But even the citizens are afraid (mostly Sunni) of what will happen if the US forces do pull out entirely again. Who will fill the gap this time as there will be a gap and the Iraqi forces are not strong enough yet. It is like a double-edged sword. You can’t have your cake and eat it too. So many Iraqi people are confused.
This time, if the US does pull out, it is widely felt by the average citizen the Iranian Hezbollah militia forces and not ISIS the citizens will fear the most. They walk the streets in their uniforms with arms. They claim they are still here to protect the Iraqi people from ISIS. Really? But, my contact says this is just an excuse to occupy Iraq and a contradiction. Like the US forces, but there are even more Iranians, they too are occupiers. My contact does not understand why the US does not challenge them as occupiers too and put this issue on the table with the government.
Then we changed the subject and talked about the currency reform. I asked about the impact of the confrontations with the US over their military stationed in Iraq. I was told the situation it does impact the progress of the planned events for December as the committee was brought into a meeting with the leadership and told everything was now “on hold”. I know, I know I too was a bit shocked at the news and did not like it. But I know for a fact that January is the best and most opportune time to revalue and drastically change the program rate to an international rate on the global exchanges. But the program rate is already on a pseudo-float within the country.
I asked what the next targeted steps where and I was told that the committee does not even know and were told just to standby and the CBI is going to try to “push” to continue as they are ready for the next step in the process. I was told the IMF is negotiating the new peg for the dinar but to remember it impacts all countries in this new peg not just Iraq. I was told this is close to being completed an should be done this week ending. This lines us up for next week to begin the currency sway out, but they told me it is delayed until further notice. So, at least we now have a timeline when they did plan it and still could do it based on what happens with the US bombing issue. My contact did reiterate that the process now is irreversible” and must go forward. The US had already given assurances they would not back out if the CBI moved ahead. So all I can say is let’s sit tight and watch what does happen in the coming week.
The Alliance of National State Forces, led by Mr. Ammar Al-Hakim, won 23 seats out of the total number of provincial council seats 285 seats throughout the country, except for the governorates of the Kurdistan region.
The coalition received 307,730 of the total number of voters in the private and public vote.
The Electoral Commission announced the results of 94.4 percent of the total votes.
The Redemption center rates on their screens will be the best rates available they will be the best rates if you try to just say well, I'm just gonna go to this small mom and pop bank - You're not gonna get the big rates. You're not gonna get the rates that President Trump wants us to have...there's a vast difference between the redemption center screen rates and that of the banks. Even the tier one banks are not a match up.
[via WiserNow] I received...good intel from a very trusted source and a treasury representative...We're ...looking at us to be notified on Monday...Which is the 18th and exchange on the 19th...Monday into Tuesday is what looks like is going to happen to tier 4B - that's us...
the redemption centers...did say they intend to get the started before Christmas and it looks like that's what is going to happen ...I think we're good to go...
I believe that's going to happen sooner than Christmas. Everything that we're getting yesterday and today is pointing toward this happening - Very soon...we are right at the precipice of this happening... I think we're looking at getting this done and having a wonderful Christmas moving into the new year with Prosperity.
The window for Tier4b (us, the Internet Group) to receive an appointment isbetween now and Sun. 17 Dec, but we got something that extends it toTues. 19 Dec. On Thurs. 14 Dec.a Treasury representative said Tier4b would benotified Mon. 18 Dec. with exchanges starting onTues. 19 Dec. There were 16,000 Bond Holders who could see their funds but didn’t yet have access to them, but would goon Sun. 17 Dec with access to them onMon. 18 Dec.They would be pretty much doneby Christmas.
Tier4b will probably go on through Christmas to the end of the month with the Redemption Centers. The Redemption Center rates will be the best available – you won’t get that in a bank. There was a two page Non Disclosure Agreement you would have to sign and the 55 page booklet of who not to give money to. If you break the Non Disclosure Agreement or give money to someone listed in the booklet your account will be seized, and you won’t get the money back.
I think the new national currency along with the exchange rate and HCL will (*snap fingers*) be simultaneously.
On the 1st of January, you citizens of Iraq will no longer be able to use any foreign currency...Nothing except their currency. Their currency is worthless. Obviously they are cleaning the floor of the CBI from terrorism, counterfeiting, those in parliament that think they were going to take everything over again like Iran was planning but didn't work. This monetary reform education right now is extremely successful.
There is hidden information being revealed in these [This week's bank stories] 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.
Earth News/ The International Monetary Fund evaluated Iraq’s economic policy at five points.
The Sudanese advisor stated, in a post on the X platform, that “the International Monetary Fund’s report stated its assessment of the Iraqi government’s policy on the economic level as follows”:
First: Iraq is achieving progress in the growth of non-oil GDP.
Second: Economic activity is recovering.
Third: Welcoming government plans aimed at strengthening public financial management.
Fourth: Appreciating the government’s efforts to strengthen the local liquidity management framework.
Fifth: The International Monetary Fund confirmed its readiness to support the Iraqi authorities regarding reform.