Transport: Iraq is ready to transport global goods from east to west, 25 DEC

 Transport: Iraq is ready to transport global goods from east to west, 25 DEC

Transport - Iraq is ready to transport global goods from east to westInformation/follow up..

The Ministry of Transport announced, on Sunday, that Iraqi ports are ready to be an alternative to global transport lines to deliver goods from east to west.

The Director General of the General Company for Iraqi Ports, Farhan Al-Fartusi, said in a statement received by Al-Maalomah: “The Iraqi port of Umm Qasr is ready for any real or international need, to receive increasing numbers of containers, after the security tension in the Red Sea and the suspension of many of the major international transport companies’ routes, especially Those that transport goods from Europe to the Arabian Gulf and East Asia and vice versa.

He explained that “Iraq, due to its distinctive location linking the East and the West, is currently considered one of the easiest and safest transport routes, as we expect that there will be a large movement of container handling in the port of Umm Qasr during the coming period,” stressing that “Iraqi ports are prepared for such an increase in operations.” “.

He added, “Iraqi ports have actually become an important transit site for transporting goods from Europe through the Turkish port of Mersin and from there to Iraq all the way to the Gulf and East Asia, and vice versa for Chinese goods towards Europe.”

He continued, “This matter clearly shows the importance of the two projects of the Grand Al-Faw Port and the development road that Iraq is implementing, as they have become an international requirement and even an urgent necessity so that the navigation and maritime transport routes in the world are safe.”

almaalomah.me

"RV UPDATE" BY MILITIAMAN, 25 DEC

 Militia Man 

  Keep positive.   Keep upbeat.  There's nothing bad as far as I can see at the moment.  We'll see.  Anything can happen.  Anything can change..

What I've always said is it makes more sense for Iraq to have a managed float which is effectively a fixed exchange rate...1 to 1 or 2 to 1, 3 to 1, 4 to 1 whatever they decide to do it makes it easier the higher that exchange rate is to defend...Having a...3 years budget keeps it stable...pricing stays stable.  

Anybody that says it's going to float to from a relatively low range to a high range over time they don't understand.  Article quote:  "The exchange rate will be fixed especially since it's been fixed in the federal budget law for 3 years says Saleh..."  This is coming from the advisor.  Don't talk about float.  It just doesn't make sense to anybody.

Since November of last year they have been working to do what?  Get rid of the parallel market.  And how are they doing that?  They're populating banks with many other currencies.  They're doing all those things that are necessary to do what?  Be article VIII compliant, to have a single currency, not a dual currency country.  They're getting rid of multi-currency practices.

  They're talking about reducing Iraq's dependence on oil.  Dependence on oil is going to go away because they have non oil related products...services...and sectors .  That's going to be from the taxes and tariffs at the borders, imports, exports, natural resources.  They're going to have other than just oil.  They're going to have other circumstances...They're talking about 350 million ton of sulfur...They're trying to achieve sustainability for the private sector..

Everybody knows Iraq is about to go International and they're going to have a digital transformation ...When they have this investment budget and they start spending...Iraq is going to be filthy rich with revenue streams from the electronic borders, agriculture, tourism... mining, sulfur, phosphates...they're going to have revenue like no other.  

There isn't anything else like it, in my lifetime, that I can see is going to trump Iraq... Don't forget...Iraq has a massive amount of hydrogen for clean energy...nobody else is talking about it...The amount of money and revenue streams Iraq is going to have is almost incomprehensible...It really is intense on how much money these guys are going to make on a regular basis..

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-militiaman-21-dec.html

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-militiaman-22-dec.html

🔥Iraqi Dinar🔥Anything Can Change🔥News Guru Intel Update IQD Value to USD...

Al-Sudani directs ministries to hold urgent meeting with Shell company, 25 DEC

 Al-Sudani directs ministries to hold urgent meeting with Shell company

Shafaq News / Prime Minister Mohammed Shia Al-Sudani convened an urgent meeting on Monday with the Minister of Oil, Industry, and Minerals, as well as the Advisor to the Prime Minister, to engage in discussions with the global company Shell regarding the settlement of its obligations. 

A statement from Al-Sudani's office said that the meeting focused on monitoring the implementation steps of the prominent Nebras Petrochemicals project. 

Al-Sudani reviewed the progress stages, completed steps, and recommendations from the supervisory body overseeing the project, emphasizing the crucial element of time. He stressed that the project had faced delays and setbacks since 2015 and reaffirmed the government's determination to see it through, utilizing its full capabilities and authorities. 

During the meeting, Al-Sudani underscored the necessity of removing any obstacles hindering the project's progression. He emphasized the Iraqi market's need for petrochemical raw materials to support domestic industries and transition to local production. 

The Prime Minister directed an urgent meeting involving the Ministers of Oil, Industry, and Minerals, the Prime Minister's advisor, and consultant Genis with Shell International to settle all remaining matters. Additionally, he instructed the scheduling of monthly meetings under his leadership to monitor progress, activate solutions, and eliminate obstacles.

https://shafaq.com/en/Economy/Al-Sudani-directs-ministries-to-hold-urgent-meeting-with-Shell-company

"RV UPDATE" BY RAYREN98, 25 DEC

  RayRen98  

 [via Babysmom]  ..."BANKERS CAN SEE RATES..."NOW" EVEN THOUGH THEY HAVE TO WAIT ON FOREX TO OPEN FOR THIS WEEK...WOOOOO HOOOOOO"

 US BANKS HAVE THE RATES, SAID THEY WERE WAITING FOR FOREX TO LOAD BEFORE THEY CAN START ...THEY "THOUGHT" IT WOULD BE AT OPENING ON SUNDAY EVENING, BUT NOT YET.  FEDERAL RESERVE IS SENDING ALL STAFF IN TOMORROW NIGHT TO OBSERVE THE "TRANSACTION".

 .. .I DO "BELIEVE" THAT IT HAS BEGUN!! RATES DID CHANGE IN IRAQ LAST WEEK...MAYBE AGAIN OVER THE WEEKEND?

 WAITING TO HEAR FROM SOME FOLKS WHO WERE EXCITED LAST NIGHT AND WERE LOOKING TO SEE SOMETHING (BEHIND THE SCENES) THROUGHOUT THE NIGHT...TIME WILL TELL

https://dinarevaluation.blogspot.com/2023/10/rv-update-by-babysmom-rayren98-17-oct.html 

  Fri. 15 Dec. TNT RayRen98: 

The expected RV is now scheduled. Good news. This morning Iraq citizens were told in the next couple days. Sudani told ppl the rate is going to change in the next couple of days. I also go this from Tish she was watching in Iraqi tv.  The RV was supposed to occur last night Thurs. 14 Dec.  

Supposedly, the reason it didn’t is the U.N. filed a motion to take over the entire process. The judge denied the U.N. motion.  It didn’t make any sense b/c the IMF already released it to the counties. Every country has money, reserved currency, and is waiting to go live. Our window of time is 4:30pm Eastern Fri. 15 evening until 5:00 pm Eastern Sun 17 Dec. of when this could go through. In Iraq today the Kurdistan region was told that today was the last day they can turn in three zero notes and actually get 25,000 dinar for a 25,000 note.

Sudani was telling ppl this morning in a town hall type of meeting that the rate is going to change in the next couple of days. The last day the rate changed was the 20th of December.  If Iraq says today is last day, 4:30 EST is the next day Iraq time ~ a few minutes past midnight. They wanted to do it at 1:00 am eastern. This is how they want it to go down. In Iraq everyone is off Monday and Tuesday so they can go vote and the budget will be released on Tuesday. All the money. 

Always said they wouldn’t do that until the rate was changed. This hopefully will be our weekend. People who had bank appointments this weekend were told that there would be no fees during the exchange.  If you go to the teller window, there will be fees. There is no turning back. US has released it. IMF released to each country so when it goes, they can start exchanging. The money is in place so they can operate with it. They can’t wait. Sudani saying in a couple of days.

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-rayren98-16-dec.html

Fri. 8 Dec. TNT:  It was supposed to go Thurs. night 7 Dec. Everyone was waiting on the IMF to release it. After a meeting earlier today Fri. 8 Dec, contacts said it will happen by Mon. 11 Dec. Sun. 10 Dec. is Iraq’s Victory Day, so Tony thinks it might happen then. 

People that have already contacted their banks are being called in to go over the procedures for the exchange, interest rates they would pay them, debit and credit cards that will be available to them, etc. Banks are acknowledging that it is happening and that they want people to choose them.

https://dinarevaluation.blogspot.com/2023/12/judy-notes-9-dec.html

Merry Christmas with MarkZ. 12/25/2023

"RENO BANK STORY UPDATED" BY FRANK26, 25 DEC

 Frank26 (KTFA)

[Reno NV Bank Story]

FRANK: The reason I share these with you is because the pattern is changing…

BANK STORY WOMAN: I called the branch office…of Chase. I could tell I was talking to a lower level employee but I decided to continue with my questioning. I asked, the clerk if they did foreign currency exchange and she said yes, ma’am we do.  Then I asked her if the bank would be exchanging the Iraqi dinar and dong…She said not at this time ma’am…

FRANK: ‘Not at this time’. That is a pinch of hope, no doubt.

BANK STORY WOMAN: I asked, do you have any idea when they might be exchanging?  She said we never know.  Not once did she tell me it was a scam.  She was encouraging me.  She did say we would have to have an account to exchange.

Question:
“When we go to exchange is the removal of the 3-zero notes going to affect the value of our dinar?”

If you look at the American currency…we actually have a $500…$1,000…$10,000 bill…but after World War II our country become very powerful and we got rid of the 3 zeros just what Iraq is doing but we didn’t do it physically.  We did it on our exchange rate… Those zero notes are still legal tender…

The HCL is waiting for what you’re waiting for, what the contracts are waiting for, what everybody’s waiting for – the new exchange rate.  You see the new exchange rate you got the HCL automatically.  It has no choice but to come out hand in hand.  One feeds the other.  But only once can feed the other, not both ways.  It’s not symbiotic.