Article: "Instead of Romanski, Biden nominates an extraordinary 'new' American ambassador to Iraq"
Interesting timing of this event. The nominee [Tracy Ann Jacobson]...held a position in Turkmenistan prior to the Tajikistan mission.
Article Quote: "Introducing a new currency is a complex process—one that Turkmenistan completed successfully."
Turkmenistan is a model that looks to have been in the cards after she left office...I have a strong feeling she would be very aware of...the introduction to a new currency...
Is there a coincidence here? I am not sure but, we sure will likely find out if it is or not very soon...What has been going on fits the complex model the Turks used...
Shafaq News / The Iraqi-American High Military Committee (HMC) announced today, Saturday, the launch of several committees to assess the Iraqi military capabilities.
The committee stated that "today represents the first step in establishing this supreme military council to enable leaders in the Global Coalition forces and in the Iraqi armed forces to contribute to a series of working groups and mutual approval to conduct assessments regarding three threat factors posed by ISIS, operational and environmental requirements, as well as the capabilities of the Iraqi armed forces."
The statement added that "the HMC, during the dialogue period, is working to identify the necessary conditions for the Joint Task Force's operation resolution during the necessary conditions for the mission transfer from Iraq."
The statement pointed out that "in August of last year, in Washington, the US State Department, the US Department of Defense, the Iraqi Foreign Ministry, and the Iraqi Ministry of Defense participated in the inaugural Joint Security Cooperation Dialogue between America and Iraq, reaffirming their joint commitment to security cooperation and their mutual interest in the region's stability."
"During the Joint Security Cooperation Dialogue, the parties agreed to hold military-to-military talks, under the name of the HMC, to assess progress in the primary coalition mission, which is defeating ISIS, as well as discussing future modifications to the coalition mission and its presence in Iraq."
Iraq is going to use the dinar as of January 1st for commercial use, not the dollar. If they get rid of the dollar or they cease the auctions or they apply the delete the zeros project you can see where all of a sudden the parallel market/illegal market is going to go bye-bye.
They're working currently underway to end the so-called parallel markets. Article quote "The dollar will not be exchanged except at the rate approved by the Central Bank of Iraq.' The office exchange rate, give 10 to 20 points one side or the other of that 1310. Quote "The parallel markets will gradually decline and cease over the next few days.'I'm fairly certain if they apply a Real Effective Exchange rate, gradually is going to be a thing of the past. But we'll see how it works out.
The oil for the [??] Port hasn't left yet, salaries payment hasn't been paid yet. One thing leads to another, that leads to what? A Real Effective Exchange Rate. I think that's where we are are. I think that's pretty self-evident...
Shafaq News / The exchange rates of the US dollar against the Iraqi dinar decreased in Baghdad and Erbil, the capital of the Kurdistan Region (KRI), on Saturday, upon the closure of the stock exchange.
According to our correspondent, the dollar prices decreased with the closure of the main Al-Kifah and Al-Harithiya stock exchanges in Baghdad, reaching 151,250 IQD per $100. This is a decrease from the morning rate of 151,400 IQD per $100.
Moreover, the selling prices at currency exchange shops in local markets in Baghdad also decreased, with the selling price at 152,250 IQD per $100, while the buying price was at 150,250 IQD per $100.
In Erbil, the dollar also saw a decrease, with the selling price at 151,300 IQD per $100, and the buying price at 151,000 IQD per $100.
FIREFLY:Saying 9 Iraqi officials arrested for extreme wealth from corruption. FRANK: Sudani is going all out...this is amazing...You're busted!
FIREFLY: Sudani is on TV saying Iraq is on the verge of a transformation process.
FRANK: Every day Sudani is joining in the direction of your new exchange rate and your new national currency. He tells you there's a new direction occurring, yeah, from a program rate to an international rate.
FIREFLY: Television is showing Parliament Finance committee saying weare close to closing the parallel market and solving the dollar exchange rate. FRANK: How many ways can they tell them?
FIREFLY: Channel One TV is saying we just overtook and stopped the most dangerous and most corrupt organization that has ever stolen dinars. They stole over 1 trillion dinar...individuals arrested and groups have been stopped.
FRANK: The money was recovered...This is the phase of the monetary reform right now, to recover this type of money, to be in position to float internationally...
FIREFLY: TV showing the meeting in Davos with CBI governor, IMF, World Bank and Sudani have shortened the time on financial and banking reform. They're saying it's a shorter time expected now to complete the reforms .
FRANK: He is telling you they are very very close to giving you the new exchange rate with the lower denoms ...What happened at Davos put the monetary reform on light speed.
FIREFLY: On the economic news an economic specialist is saying Iraq needs to use a basket of currencies to add value to the dinar against the dollar.
FRANK: Sudani sends out another expert in the financial field that you know and trust...Exactly what we've been telling you. This is the next phase IOO... This is the most powerful part of the monetary reform education to you as an Iraqi citizen...The basket of currencies is required in order to add value to the Iraqi dinar.
They will never talk to you about something that needs to be done. They will talk to you about it after it is done. That is what is called the float and that is what is going to take you back to your RI. Your currency rate has to be reinstated back to $3.22 but that's the international side of Iraq...
The goal of the CBI is to reach the Real Effective Exchange Rate. In doing so it adds value to you even thought it's 1 to 1 in country...It will stay at 1 to 1 to the American dollar in Iraq but you will finally have your purchasing power that you have long waited for.
