Parliamentary Foreign Ministry calls for popular action to expel US
Information/Baghdad
A member of the Foreign Relations Committee, Karim Al-Muhammadawi, called on Tuesday for popular action, exerting pressure and targeting US forces in order to ensure their expulsion from Iraq, in response to the repeated crimes committed by these forces against the Iraqi people.
Al-Muhammadawi said in a statement to Al-Maalouma that "the continuation of the US presence inside Iraq needs to take all measures to ensure the removal of these forces, through popular and parliamentary pressure and government decision."
He added, "All US military bases must be bombed and be in the crossfire of the Iraqi people, in response to the American disregard for the lives of Iraqis and the continuation of the series of crimes committed by these forces against the people, national symbols and security services."
He pointed out that "the bombing of bases and the exertion of pressure on US forces must be reinforced by massive demonstrations throughout Iraq, to expel these forces and ensure that they do not return to the country again."
No body knows...When [Senator] McCain was around those were the heavy hitters. Those were the guys I would listen to. This was nothing 'official' but these guys knew what was going on, 'you want to be in the dinar.' I have some very good friends who didn't buy it and they talked to McCain and he said you better buy this currency.
According to them, it should have happened by now. I still hang out with the same group and to this day nobody knows why Iraq has not pulled the trigger yet. What's strange is back in the day Iraq didn't talk about it that much,now they talk about it all the time. Whatever the CBI is looking at, it's starting to look like they need to be there.
Question: "Why do the [Iraqi] citizens want to keep using the dinar when the value is so low?"
Not everybody has access to the US dollar for one thing. #2 It's artificially low. A lot of Iraqi's know this. They know what's going on.
There's nothing they can do about it. That's one of the things, if you watch the parliamentary elections of Iraq one of the number one campaign promises all these guys make is we're going to add value to the dinar. They know it's artificially low. [They look around and think] we're selling more energy, the price per barrel is more, we have more customers and yet the dinar is [worthless] and we're all running around in poverty.
Question: "When it does revalue, when do we get out? How long do we wait?"
That depends on your own needs. Are you trying to get a house? Are you trying to pay off a loan? What is it because once you hit that number get out. Or if it doesn't go up to that number - Let's say you're trying to make...$250,000 and you realize the investment is only going to get you about $180,000, then get out! Diversify. Get into something else. Don't just stick around.
The only way you can answer those questions is you have to put a piece of paper down and realistically what is it that you want. You have to be realistic about it.
You can't say the first thing is I'm going to start off with a $50 million dollar mansion. Don't be stupid...Let's be a little more practical. A home over your head, debt free, for you and your family...then you can go for the big stuff. Your investments are based on that...what it is you want.
[via PDK] There are a lot of folks looking squarely at today through the 14th-15th...we are very much sitting at the edge of our seats…again...I do feel like we are close to it being over.
[via PDK] Article: “Iran backs Iraqi call to end presence of US led forces”
Many around the world are pushing this…it is one of the key pieces for us…the removal date appears to be imminent ... Flash back to an interview that Donald Trump did…he said to get us out-we will be gone as soon as they pay us. It looks like we are leaving…so what does that tell you?
“Iraq issues $1.5 Billion reconstruction bonds” These are based on US pricing but in Iraqi dinar.
...on the group side I am hearing very positive things. They are specifically looking at dates between the 9th and the 14th of this month. This does give us a range to look at...
Iraqi Stock Market Soars with 97% Annual Gain: An Indication of Economic Upswing
The Iraqi stock exchange, represented by the Rabee Securities Iraq Stock Exchange (ISX) index, has concluded the year with an astounding 97 percent rise in terms of the United States Dollar (USD). This remarkable upswing offers a strong indication of positive economic growth and reinforces investor confidence in the Iraqi market.
Al-Ameen Estate Investments: A Stellar Performer
Amidst the impressive market performance, Al-Ameen Estate Investments stands out with an extraordinary increase in its stock value. This real estate investment firm witnessed its stock surge by an unprecedented 500 percent, leading the charge in the ISX’s successful year.
National Islamic Bank: A Year of Decline
Contrasting the overall market trend, the National Islamic Bank experienced a significant setback. The bank’s value more than halved over the same period, a stark deviation from the positive momentum seen in the broader ISX index.
The Role of Currency Exchange Rates
Integral to the discussion of the stock market’s performance are the currency exchange rates, specifically the selling price of the USD by banks, non-bank financial institutions, and the Central Bank of Iraq (CBI). These financial data points provide context to the trading activities and valuations of the Iraqi companies listed on the ISX, hinting at the broader economic factors potentially influencing the market dynamics.
In conclusion, the Iraqi stock market’s robust performance in the past year paints a promising picture for the country’s economic prospects. While individual performers like Al-Ameen Estate Investments and the National Islamic Bank show varied results, the overall surge in the ISX index signifies a growing investor confidence in the Iraqi economy.
Just because you didn't see it...hear it...read it...doesn't mean it hasn't happened or in the process of happening.
All systems for the monetary reform are in place, they're just not linked yet. The uplink is not on yet...Many months ago the CBI told her banks to be prepared to be ready on January 1, 2024 because of all the banking system would be in place before '24...
What they're doing right now is they're telling the citizens what they need to hear for the next step of the monetary reform...Once the lower denoms are announced the exchange inside Iraq will move even more quickly. You know how - through a float. Citizens want this movement to occur now. Citizens want their purchasing power.
All systems for the monetary reform are in place, they're just not linked yet. The uplink is not on yet...Many months ago the CBI told her banks to be prepared to be ready on January 1, 2024 because of all the banking system would be in place before '24...What they're doing right now is they're telling the citizens what they need to hear for the next step of the monetary reform...Once the lower denoms are announced the exchange inside Iraq will move even more quickly. You know how - through a float. Citizens want this movement to occur now. Citizens want their purchasing power.
The closer we get to this monetary reform, much more will be revealed...So much is already being revealed and put in print but as we get closer you will see so much more.
[Iraqi banks] are having a stampede of people going in because of the understanding of the monetary reform education. Direct deposit accounts were opened for the citizens that didn't have any accounts...
they opened up about 1 million...and they're not done yet...These bank accounts are extremely important for the monetary reform...These accounts are for payments that will be made to the citizens...salaries given to the citizens, for any retirement salaries given...for HCL payments...What they are doing is extremely important for the monetary reform process...
