Wednesday, December 20, 2023
"RV UPDATE" BY NADER FROM MID EAST, 20 DEC
Nader From The Mid East
t When we told you new currency coming out, it is. When we told you the rate will change, it is. Now, it depends how it's going to go. If they continue to attack the embassy and continue the bull shit over there it can slow down things. But here's my expectation, I can be wrong, I can be right, my expectation the 1st of January will be no more [dollar]. Couple days later, a week later, new currency will come out. And maybe 2 or 3 days later a rate will come up ...That's what I think.
The United States have signed off on everything and threw the ball to the IMF. Now everything is in the hand of the IMF. The World Bank, Treasury, CBI, all met...This how it's going to go now - As soon as they delete all the dollars from Iraq...things going to change.
Masrour Barzani discusses with a US official the resolution of the controversial issues between Baghdad and Erbil, 20 DEC
Shafaq News / The Prime Minister of the Kurdistan Region Masrour Barzani discussed, on Wednesday, with the US Deputy Secretary of State for Political Affairs Victoria Nuland, the controversial issues between Baghdad and Erbil and the need to resolve them in accordance with constitutional rights.
The Presidency of the Regional Government said in a statement reported to Shafaq News that “Barzani received Nuland and her accompanying delegation, and during the meeting, which was attended by the US Ambassador to Iraq, Alina Romanoski, exchanged views on the latest developments and developments in Iraq and the region, and discussed ways to strengthen bilateral relations.”
She pointed out that “the meeting focused on the need to resolve the contentious issues between the Kurdistan Region and the federal government, as we agreed on the importance of the federal government respecting the constitutional rights of the region, and the need for Baghdad not to treat the citizens of Kurdistan as second class, and we stressed the need to strengthen the foundations of the federal system and establish democratic principles and stabilize them in Iraq.”
For her part, the US Deputy Secretary of State renewed her country’s support for the Kurdistan Region and its constitutionally guaranteed rights within the framework of federal Iraq.
The meeting also addressed “the importance of consolidating a culture of coexistence and religious freedom, as well as the protection of human rights and the general components in Kurdistan.”
"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 20 DEC
Frank26
[Iraq boots-on-the-ground report]
FIREFLY: Bank guy said the dinar inside our country has steadily being established with stability...Because of these efforts the dollar is dropping every day this whole week.
It had a major decline...the dollar will continue to drop. Start the new year with no dollar actions allowed anywhere.
FRANK: ...I believe somewhere around the first they have no choice but to give you value...
Babylon Earns UNESCO World Heritage Status: A Triumph for Iraq and Global Heritage, 20 DEC
Babylon Earns UNESCO World Heritage Status: A Triumph for Iraq and Global Heritage
In a significant nod to the world’s cultural heritage, the United Nations Educational, Scientific and Cultural Organization (UNESCO) has accorded the ancient Mesopotamian city of Babylon the status of a World Heritage Site. This landmark decision was taken during the 43rd session of the UNESCO World Heritage Committee in Baku, Azerbaijan. Babylon, nestled 85 kilometers south of Baghdad in Iraq, is a celebrated city of antiquity, and was once the pulsating heart of the Neo-Babylonian Empire.
A New Chapter for Babylon
Renowned as the site of the Hanging Gardens, one of the Seven Wonders of the Ancient World, Babylon’s rich historical and architectural heritage is indisputable. The surviving structures, including the iconic Ishtar Gate, the Processional Way, and the Lion of Babylon, serve as timeless testimonies to the city’s bygone glory. This prestigious designation as a World Heritage Site, is expected to bolster the protection and conservation of these ruins, while simultaneously promoting tourism and educational prospects in the region.
A Triumph for Iraq
The endeavor to attain a spot for Babylon in the UNESCO list has been a long-cherished goal for Iraq. The nation has been relentlessly working towards preserving and gaining recognition for its ancient heritage. This achievement underscores Iraq’s commitment to its past and sets a precedent for future conservation efforts.
Unearthing Babylon’s Magnetic History
In a related development, a recent study has unveiled that ancient bricks from Iron Age Babylonia have recorded changes in the Earth’s magnetic field. This discovery provides a unique and invaluable ancient record of the Earth’s magnetic field’s transient changes, furnishing a fresh perspective on the development of ancient Mesopotamia. This study also proposes an alternative method of dating ancient bricks and ceramics by correlating the reigns of ancient kings with fluctuations in the Earth’s magnetic field. This breakthrough has broad implications for archaeologists, enabling them to pinpoint ceramic artifacts within years or even decades of their creation.
"RV UPDATE: IRAQ NEWS ANALYSIS" BY SANDY INGRAM, 20 DEC
Sandy Ingram
Article: "Iraq links Baghdad US embassy attackers to security services"
The attacks against US forces have continued. The Iraqi government said several people who are alleged to have attacked the US embassy in Iraq last week have links to the country security services...
Article: "Iraqi council elections: Almost 17 million voters head to polls on Monday"
Iraqis have begun voting for the first time in a decade to select new provincial council members who in turn will appoint governors...results are expected to be announced on Tuesday.
Iraq cuts oil production by 223,000 barrels per day voluntarily. Iraq is over 90% dependent on oil revenue and oil prices, therefore when OPEC speaks we listen and we listen very carefully, almost as carefully as when the CBI makes and announcement.
https://dinarevaluation.blogspot.com/2023/12/rv-update-by-sandy-ingram-sheila-18-dec.html
Article: "CIA warns Baghdad of serious consequences if attacks against US personnel continue" Since October 17th the US presence in Syria and Iraq has been under constant threat.
https://dinarevaluation.blogspot.com/2023/12/rv-update-by-clare-sandy-ingram-15-dec.html
[We] tried to ignore this news however, that is not possible Article: "Iraqi PM places security forces under investigation over US embassy attack" Iraq is doing what they can, but have not been able to stop the attacks against American Forces in Iraq. Article: "Iran-backed militia vows more attacks after US Embassy in Iraq comes under fire" When you attack the embassy of another country, this is far more serious.
The Central Bank of Iraq confirmed some Iraqi banks are transferring dollars from their accounts to intermediary banks who are distributing the dollars to their customers. The Central Bank of Iraq said this will contribute to reducing the exchange rate of the parallel dollar...[We're] thinking this is to keep the black market intact. This means the decision to only use Iraqi dinar in all transactions beginning January 1, 2024 may cause concerns and the Central Bank of Iraq is making moves to control any possible issues.
Article: "Inflation rate in Iraq declines in 2023 compared to 2022"
The Central Bank of Iraq announced the inflation rate decreased in 2023 compared to 2022. Inflation in Iraq reached approximately 3.7% in August 2023, compared to 4.4% in August 2022. Iraq's inflation rate is good compared to many countries where inflation has reached 30% and 40%...
Wealthy Iraqis move to the Caribbean. Guess who's on the list? ...The leader of the Kurdistan region and the former governor of the Central Bank of Iraq and other businessmen suspected of corruption...Iraq's politician are monitored by the organized Crime and Corruption Report Project (OCCRP)...This is part of the effort to catch
individual involved in corruption.... The project reported the purchase of Dominica (tiny Caribbean island) citizenship...enabling them to travel worldwide without a Visa...This country's visa is magical. Citizens can travel to 144 countries without a visa..
The reason countries have foreign reserves is to make sure that a country has backup funds if its national currency rapidly devalues or becomes entirely worthless. It's common practice for central banks of different countries around the world to hold large amounts of reserves of foreign exchange. Most of these reserves are held in US dollars since it is the most traded currency in the world...
The amount of monies a country holds in its reserves has a lot to do with the county's currency rate...Iraq has the largest foreign currency reserves in its' history.
Article: "Inflation rate in Iraq declines in 2023 compared to 2022"
The Central Bank of Iraq announced the inflation rate decreased in 2023 compared to 2022. Inflation in Iraq reached approximately 3.7% in August 2023, compared to 4.4% in August 2022. Iraq's inflation rate is good compared to many countries where inflation has reached 30% and 40%...
Wealthy Iraqis move to the Caribbean. Guess who's on the list? ...The leader of the Kurdistan region and the former governor of the Central Bank of Iraq and other businessmen suspected of corruption...Iraq's politician are monitored by the organized Crime and Corruption Report Project (OCCRP)...This is part of the effort to catch
individual involved in corruption....The project reported the purchase of Dominica (tiny Caribbean island) citizenship...enabling them to travel worldwide without a Visa...This country's visa is magical. Citizens can travel to 144 countries without a visa..
The reason countries have foreign reserves is to make sure that a country has backup funds if its national currency rapidly devalues or becomes entirely worthless. It's common practice for central banks of different countries around the world to hold large amounts of reserves of foreign exchange. Most of these reserves are held in US dollars since it is the most traded currency in the world... The amount of monies a country holds in its reserves has a lot to do with the county's currency rate...Iraq has the largest foreign currency reserves in its' history.
Economist: Government Should Exploit Rising Oil Prices And Implement Sound Financial Management, 24 NOV
Economist: Government Should Exploit Rising Oil Prices And Implement Sound Financial Management Time: 2024/11/22 13:54:37 Read: 1,313 time...
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Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...