Evening News with MarkZ. 01/18/2024

"RV UPDATE" BY MARKZ & MILITIAMAN, 18 JAN

 MarkZ & Militia Man 

 [via PDK] 

  Article: “Iraq recalls ambassador from Iran after missile strikes-Ministry” 

MarkZ: This is concerning while we watch what is going on in the middle east. There were missile strikes launched from Iran to the Kurdish region of Iraq.

  Question:  Do you think the attacks on our embassy…in Erbil, Kurdistan will hinder/delay the RV? 

  MarkZ:  To me this doesn’t change what’s going on economically…and if anything may put the pressure on to move things faster. 

 Militia Man:  Iran is in a pinch…their cash cow is going away.  Stopping the graft at the Iraq border will stop their ability to do the money laundering and smuggling through customs. So, imo this attack is blow back…

"RV UPDATE" BY MARKZ & MILITIAMAN, 4 JAN

  Question:  What happens if they just print new notes and the dinar we hold are not good anymore?  

MarkZ:  That will never be accepted in the international world. You would have to have a closed economy to do that…like N. Korea. You cannot do that to the international world though.  

Militia Man:   We can clearly see the people behind this – the WTO, The IMF, The world Bank…the BIS, the Federal Reserve bank…

The US, Canada, The UK…all kinds of countries hold dinar in their foreign reserves. Iraq cannot just say…”Sorry guys- we aren’t paying you” That is not going to happen. We are talking trillions. 

Look at the US- The US embassy in Iraq is one of the biggest in the world. One of our presidents said we are going to get paid back for this. They are planning big things over the next few months and need an exchange rate to match. Sudani has been moving on steroids to get this done.

"RV UPDATE" BY NADER FROM MID EAST, 18 JAN

 Nader From The Mid East 

 The export of oil is going to go up. Tourism...go back to normal.  A lot of things will go back.  But nobody know that.  I see a lot of negative things.  Everybody is talking bullshit.  They are going to have to revalue it [the dinar]....

We told you we're going to switch from dollars to dinar and that happened...They talked about it yesterday and I'm really excited about it.  Today they're talking about again about the market and how it's excellent...It's going up slowly.  Listen, it's a lot of steps to do.  They're working on it.  Everyday it's a new step and that's really good.  I'm excited about it.  I hope everybody getting excited.  Don't get too excited though.  Keep grounded.

 It's going to be $3.50 to 1 and it's going to play about Forex between $3.50 and $4.50.  It's true what I tell you. I'm not playing around.

 Many people sending me things, things about 2026.  I don't think they're going to wait till 2026.  I don't think whoever explained you this, he read it wrong...If it start to float it's going to go quick.  We just need to float it...If they did like they said and took off the dollar from the market, from the streets, things going to go quick...I agree with them that it's going to go up gradually but it's not going to take two or three years to reach 1 to 1...

 Question:  "Is the rate and the [lower] currency gonna come out together?"   I think yes.  This is why I think yes.  First, because they cannot change an exchange rate with a big numbers [rate] and Second, they cannot change a [lower] currency with the small exchange rate...If you change, you've gotta change both.  If you take the 3-zeros from the currency, you're gonna have to take the 3-zeros out of the exchange rate in the same time.    That's what I think.

Happy New Year, best wishes and all that stuff...A lot of people are sending me messages going like do you see any changes?  ...I don't know why you're asking me that. What you guys heard?  Who told you anything?  Some people wrote me tonight at midnight the currency will be launched.  Some people said their new rate will come out tonight at midnight ...I didn't see anything like that.   They didn't say they're going to change the rate tonight.  They didn't say they're coming out with currency tonight... They'll never tell you they're coming out with it...I'm not expecting anything tonight...

https://dinarevaluation.blogspot.com/2024/01/rv-update-by-nader-from-mid-east-3-jan.html

iraqi dinar✅This Is Massive Update About IQD Today 2023 / latest update ...

🔥Iraqi Dinar🔥Exciting News🔥This is Good News Coming From Iraq Today 2024...

TNT CC VIDEO, 18 JAN

Saleh: The 2024 budget came into effect in all its details, 18 JAN

 The financial adviser to the Prime Minister, Mazhar Mohammed Saleh, confirmed the entry into force of the Financial Budget Law of 2024 since the beginning of the current new year.

Saleh told {Euphrates News} “The Federal Budget Law No. 13 of 2023, is in force for three years, and as soon as the country enters the new fiscal year 2024, the budget law became effective in all its details, means, instructions and entry into force in letter and spirit to the current fiscal year from 1/1 until December 31, 2024.”
On June 12, 2023, the House of Representatives voted on the Federal Budget Law of the Republic of Iraq for the years (2025, 2024, 2023) in total.

Raghad Daham

https://alforatnews.iq/news/صالح-موازنة-2024-دخلت-حيز-التنفيذ-بكل-تفاصلها