Wednesday, January 31, 2024

"WE'RE ABOUT TO FINISH THIS" BY HERNAN ROBERT BRAVO, 1 FEB

 Tuesday, January 30, 2024.

Frank 26: Dice

 We're about to finish this. 

Walking Stick received a call from his friend at the bank at 04:00 A.M. from this morning. He said it was over. Frank is calling his contacts in IRAQ. Walking Stick will call Frank again in 10 hours.

Frank said to bring questions tomorrow night. It will give you a powerful report from WS Bank Friend. He has finished!

He will bring you the CBI bank friends report. It seems to me that Frank said a long time ago that banks would have 24 to 72 hours. Notice to turn them on!!!

 Sudani. Renews its call to Tunisian companies (TUNISIA) to invest in IRAQ.

Frank: Last call!!! The Bank of Jordan links Iraq through an electronic system with four other Arab countries. Frank: "It's not just Jordan, it's all the banks in the world." 

Planning:

The current year will witness an improvement in the average per capita income. Frank: “For a new kind of change.” Promote the growth of the economy through strategic investment and banking excellence.

Frank: "Eddie was told on Monday, January 29, 2024, that a campaign was being launched to educate Iraqi citizens about their currency reform. This is an example of that."

Greetings

Hernán Robert Hbravo

TRANSLATION IN SPANISH: 

Martes 30 Enero 2024

Frank 26 : Dice
Estamos a punto de terminar con esto. Walking Stick recibió una llamada de su amigo del banco a las 04:00 A.M. de esta mañana. Dijo que había terminado. Frank está llamando a sus contactos en IRAK. Walking Stick volverá a llamar a Frank dentro de 10 horas.
Frank dijo que traiga preguntas mañana por la noche. Le dará un informe poderoso del amigo del banco de WS. ¡Él ha terminado!
Le traerá el informe de los amigos del banco del CBI. Me parece que Frank dijo hace mucho tiempo que los bancos tendrían entre 24 y 72 horas. Aviso para encenderlos!!!
Sudáni. Renueva su llamamiento a las empresas tunecinas ( TÚNEZ ),para que inviertan en IRAK.
Frank: ¡¡¡Última llamada!!! El Banco de Jordania vincula a Irak a través de un sistema electrónico con otros cuatro países árabes. Frank: "No es sólo Jordania, son todos los bancos del mundo". Planificación:
El año en curso será testigo de una mejora en el ingreso per cápita promedio. Frank: “Por un nuevo tipo de cambio”. Potenciar el crecimiento de la economía a través de la inversión estratégica y la excelencia bancaria.
Frank: "Le dijeron a Eddie el Lunes 29 de Enero 2024, que se estaba lanzando una campaña para educar a los ciudadanos iraquíes sobre su reforma monetaria. Este es un ejemplo de ello".
Saludos
Hernán Robert Hbravo

Iraqi Dinar🎉Ready For Rv Dinar Potential Value Change-Iraqi Dinar News T...

Zebari expects America to strike three factions in Iraq, 1 FEB

 Shafaq News/ The leader of the Kurdistan Democratic Party, Hoshyar Zebari, expected on Wednesday that the United States of America would target three factions under the banner of the “Islamic Resistance in Iraq” in response to the Jordanian attack.

Zebari wrote on the “X – Twitter” website previously, “The upcoming American strikes will be different and devastating against the axis of the Iraqi Islamic Resistance, which is composed of factions: Kataib Hezbollah, Al-Nujaba, and Sayyid Al-Shuhada, who openly targeted American forces and their facilities in Iraq and Kurdistan.” And Syria,” adding that “perhaps their responsible leaders and headquarters are currently against the government’s decisions.”

Yesterday, Tuesday, Iraq’s Hezbollah Brigades announced the cessation of its operations against American forces in order “not to embarrass the Iraqi government,” recommending its fighters to “temporarily passive defense.”

On Sunday, January 28, the US Army announced that three of its soldiers were killed and dozens wounded in a march attack targeting a base housing US forces in Jordan.

American media reported that the targeted site was “Tower 22”, a small military site in Jordan, near the country’s border with Syria.

In response to this attack, American officials said that the United States is considering launching strikes against armed factions in Iraq, Syria, and Iran.

US President Joe Biden said yesterday, Tuesday, that he had made a decision about the nature of the response to the Jordan attack, which killed 3 American soldiers and injured more than 30 others.

Biden explained that he “made the decision on the nature of the response to the attacks that killed American soldiers in Jordan,” adding, “We do not want a broader war in the Middle East.”

shafaq.com

"RV UPDATE" BY MILITIAMAN, 1 FEB

Militia Man 

 The AFC Fund is up 110.4% in Iraq.  HUGE!  Think about that for a minute, What do you get at your savings account?  What do you get in your IRA's?  What are you getting percentage wise over an annual growth They have 110.4%.  This country is going to explode.  Everybody and their brother that's invested in the dinar should be thinking clearly by now as far as I'm concerned...This is fun!  ...How does Iraq have one of the best funds in the world without having reasons behind it.

1310 is not a Real Effective Exchange Rate.  I don't think the largest accounting firms in the world would be dealing with this, at this time, which they've never done before, we've never seen ever the Central Bank of Iraq talk about...the 13 [big accounting firms]...They have now. 

An investment budget it's not going to work at 1310.   They don't have enough dinar to do that... The project is to delete the zeros off the exchange rate.  Once they have done that, they've applied the Real Effective Exchange Rate they're going to have to do things differently.  The world knows that.  WTO...Bank of International Settlements ... IMF...US Treasury...US Fed - everybody seems to be the ones that are knowing it but they just haven't quite done it yet or are they working to finish a process that is highly complex? That's my opinion...


Contacts between Baghdad and Washington to limit America’s response to the “Al-Tanf strike”, 31 JAN

 Contacts between Baghdad and Washington to limit America’s response to the “Al-Tanf strike”, 31 JAN

Iraqi sources revealed that there are intense communications between Baghdad and Washington to prevent any escalation, after the American President gave the green light to respond to the targeting of a military base in Al-Tanf near the Jordanian-Syrian border last week, indicating that the communications aim to limit the American response or postpone it for some time. So that the situation does not deteriorate and the circle of revenge expands between Washington and the Iraqi armed factions, while Iran called on the United States to stop using threatening language, and said that any American threat to it will not go unanswered.

These developments come at a time when an Iraqi armed faction announced the suspension of all its military operations against American forces in the region, after the Pentagon pointed the finger at it of being behind the deadly attack that resulted in the death of three American soldiers on the Jordanian-Syrian border. The faction called “Kata’ib Hezbollah” said Al-Iraqiya said that the decision to stop the attacks came in response to the efforts of Iraqi Prime Minister Muhammad Shiaa al-Sudani.

https://www.alkhaleej.ae/2024-02-01/%D8%A7%D8%AA%D8%B5%D8%A7%D9%84%D8%A7%D8%AA-%D8%A8%D9%8A%D9%86-%D8%A8%D8%BA%D8%AF%D8%A7%D8%AF-%D9%88%D9%88%D8%A7%D8%B4%D9%86%D8%B7%D9%86-%D9%84%D8%AA%D8%AD%D8%AC%D9%8A%D9%85-%D8%B1%D8%AF-%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D8%A7-%D8%B9%D9%84%D9%89-%D8%B6%D8%B1%D8%A8%D8%A9-%D8%A7%D9%84%D8%AA%D9%86%D9%81/%D8%A7%D9%84%D8%B9%D8%A7%D9%84%D9%85/%D8%B3%D9%8A%D8%A7%D8%B3%D8%A9

Pimpy with April and Ajay 5D Economy 01/31/24

"RV UPDATE" BY KAPERONI, 31 JAN

 Kaperoni 

 I still have significant concern over Iraq wanting to redenominate (LOP) their currency. There  are numerous educational symposiums teaching the citizens about such an event. This is a very real possibility. 

Article "US and Iraq agree to start talks to end presence of US-led coalition"

The dinar either rises gradually over time as Iraq's economy prospers reducing the money supply or Parliament will authorize the deletion of zeros reducing trillions to billions and a LOP. Not what we want to see.

 there is no way Iraq can RV the Iraqi dinar with [120] trillion dinar in circulation. No country could afford. Iraq's total net worth is only around $16 trillon dollars.

 There is no significant RV of the Iraqi dinar.  And if the dinar does ever go up in value, it will be based on the success and growth of Iraq's own economy.  There are no shortcuts.

  Article:   "Ali Al-Alaq, the current governor of the Central Bank of Iraq confirms that Iraq's money supply exceeds 100 trillion dinar."

 If and when the Central Bank decides to increase the value of the Iraqi dinar more than likely it will be based on some type of gradual float as a result of the success and growth of Iraq's own economy and an increase in GDP.

I hope each and every one of you find success in this investment...It may take time.  It may  be another 1 to 5 years.  I certainly hope not but I believe things could happen quickly over the next 36 to 48 months.  It all depends on Iraq.  

 ...We all know things don't happen fast in Iraq. Iraq has a lot of work to do in order to succeed. The first of which is pass over 100 stalled laws through Parliament to encourage investment in Iraq.  And at the same time the Central Bank of Iraq has to continue reforms to the banking system, digitalization, and apply monetary tools to meet compliance .

 A country's exchange rate is the result of the success and growth of their own economy. When you have a weak economy, you have a weak exchange rate.  Until Iraq passes laws, diversifies their economy and increases their GDP, nothing will happen with the dinar.   When Iraq passed their tripartite  3 year budget a few months back, it created the conditions for them to diversify and privatize their economy over the next three years.   Now Iraq is on the clock to accomplish such.

There's a new article out that many people are translating and confusing.  They are not talking about an RV in Iraq, they are talking about the spread being in compliance early next year. 

 Just a reminder the spread is the difference between the official rate and the market rate or street rate and has been way out of whack recently in Iraq. This article simply means they expect the spread to come down closer to the official rate early next year. There is no RV.

    A very important statement was made back in 2020 by the prime minister's economic advisor Mohamed Salah who used to be Deputy Governor of the CBI under Shabibi. He stated that Iraq's entire wealth including all minerals in the ground amounts to only $16 trillion dollars. Knowing that information one can then determine that there is no way a significant RV could ever occur with over 90 trillion dinar in circulation.  It doesn't make sense...

 They...have to have the dinar stabilized within the country and within the 2% rule mandated by the IMF in order to then accept IMF article VIII and begin to float the dinar which would raise its value based on supply and demand.  All of these processes and or steps required time.

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-kaperoni-10-dec_0650267841.html

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-kaperoni-18-dec.html

Rule of Law: The majority of the framework forces are in favor of amending the electoral law, 24 NOV

Rule of Law: The majority of the framework forces are in favor of amending the electoral law The chief of the country of law Coalition, form...