Thursday, February 8, 2024

"STATUS OF THE RV" BY MNT GOAT, 8 FEB

STATUS OF THE RV

No! The RV has not yet happened. Again, I had an interesting call on Wednesday with my CBI contact. The news is getting more promising as we had hoped. I will share it with you. But we must not forget about what is going on in the U.S. politics and how it is affecting the ability of the CBI to reinstate the dinar to FOREX. In my last Newsletter I talked about information I obtained from my CBI contact and boots on the ground about the U.S. effort geared at eliminating the Iranian backed militias.

 All this effort is by design and fully backed by the GOP. So, if I were you, I would not get excited about all these articles being put out by Iranian backed news media working inside and outside of Iraq about this ongoing effort. Of course, Iran wants the U.S. out of Iraq and on top of that the U.S. is kicking them out of Iraq and so what the hell do you think they are going to do? Of course, they are going to kick-back and fight because Iran stands to lose a stronghold in Iraq worth billions and billions. 

However, having said all this, the CBI still has their goals to rebuild the economy of Iraq, see the White Paper. In this document it clearly states the “Pillars of Iraqi Financial Reform” for Iraq and how they plan to affect each of them to get where they want to go. It’s no secret. So, what comes first the chicken or the egg. In other words, Iraq will never be able to rebuild its economy unless it completes these financial reforms first. But in reality, under Dr. Shabibi he knew damned well the necessity of getting back their currency (liberate it) and then use it to impact the growth of the economy. So, we are witnessing firsthand the mistake made way back in 2012-2013 in not following the plan of Dr. Shabibi. This is really what all the ruckus is about with this parallel rate and the inability to manage it. 

Having set the stage, I now want to explain what was told to me just yesterday by my CBI contact. I was told that of the committee responsible for orchestrating the project to delete the zeros, had a member given a directive to supply a set of quality photos of the newer lower denomination paper currency and the coins. They are then to work with the technical side to deliver these photos and a writeup on the process of how the project to delete the zeros is going to work. Folks this is amazing news. Could it get any better considering everything else going on? 

I then asked about due dates for this work to be completed and when the CBI expects to publish this information on their website. I was told that in the coming weeks they were told that a meeting will be scheduled to review timetables for the coordination of all these events. 

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

Iraqi Dinar🎉CBI Major Hint For Dinar Relvaluation-Iraqi Dinar News Today...

Washington's Sanctions Restrict Baghdad's Economy.. Banks Are In A "Dilemma" And The Iraqi Central Bank Is A "Spectator", 8 FEB

Washington's Sanctions Restrict Baghdad's Economy.. Banks Are In A "Dilemma" And The Iraqi Central Bank Is A "Spectator"

Posted On 02-08-2024 By Sotaliraq  February 7   The banking sector in Iraq is experiencing unenviable days, as a result of the succession of US sanctions on banks one after another, which portends an economic “disaster” that the government will face sooner or later, with exchange rates fluctuating above the barrier of 150,000 for every 100 dollars.

The US Treasury Department imposed sanctions on 14 banks, according to what was revealed by the Wall Street Journal, and these sanctions come months after similar sanctions were imposed on 4 other Iraqi banks after they were accused of various pretexts and pretexts, including money laundering.

The US sanctions are raising a new wave of concern among Iraqis, especially since all government measures during the government of Prime Minister Muhammad Shiaa al-Sudani did not succeed in bringing the parallel exchange rate closer to the official rate.

Earlier today, Foreign Minister Fuad Hussein and US Secretary of State Anthony Blinken discussed the sanctions imposed by the US Treasury on Iraqi banks.

Member of the House of Representatives, Zainab Al-Moussawi, revealed the reason for the US Treasury Department placing economic sanctions on some Iraqi banks, and while she described Washington’s arguments as “false,” she stressed the necessity of getting rid of Iraq’s dependence on the dollar.

Al-Moussawi said, in an interview, that “the American administration always resorts to punishing Iraq by placing solid institutions under the control of the Iraqi state, as it did recently by placing several banks on the US Treasury Department’s sanctions list under a false pretext with no concrete evidence.”

She adds, “Washington is working to punish Iraqi banks in order to reduce the value of the Iraqi dinar and raise the value of the US dollar in a move to humiliate Iraq and request assistance from Washington in supplying the country with foreign currency.”

The member of the House of Representatives stresses “the necessity of changing Iraq’s dependence on the dollar by selling crude oil, the only source of the Iraqi state, and selling it in other foreign currencies such as the Chinese yuan, the Russian ruble, and other currencies that have strength and authority in global markets, and leaving American hegemony over the Iraqi economy.”

Al-Mousawi explains, “The US Treasury sanctions will obstruct the flow of remittances, afflict the Iraqi banking sector with chaos, and also affect the internal exchange rate greatly, and this is what Washington is currently following   LINK

"OPINIONS ABOUT THE RV STATUS" BY HERNAN BRAVO, 8 FEB

Wednesday 07 February 2024

Opinions of the Iraqi dinar guru

Frank26: He says

[History of Fort Worth Chase Bank]

 BANK VISITOR: I went to one of the largest Chase Banks in Dallas. This bench is different than anything I have ever seen. There were two floors and there were many windows upstairs that you couldn't see through.

 FRANK: Many banks are metamorphosing their environment to be part of the exchange process... 

BANK VISITOR: I go and sit down and within 5 minutes this private banker, who by the way is a vice president on his card, comes up and greets me.. .I told you that I have a large amount of foreign currency and can you let me know when you will do it? be able to change this currency. I didn't say dinar...I said I know we're getting closer...with Chase being the number one bank in Iraq. He looked at me, smiled and said: I have a couple more clients like you.

  RayRen98: Says

THE 3 LETTERS GUYS ARE INDICATING THAT THE DINAR RATE IS STILL FIXED AT $4.81 BUT MAY TEMPORARILY INTRODUCE A LOWER… THEY ARE “WATCHING THE CLOCK”

  MarkZ: Says

“Vietnam pressures the United States to grant them market economy status” This could lead to an increase in the value of the Vietnamese dong. The US State Department has asked Vietnam to increase the value of its currency.

Clare: It says

Article: 'An official is approaching'… Sudanese advisor reveals measures to reduce exchange rates in the parallel market” Quote: “He highlighted that “there is a clear trend and encouraging beginnings in which the parallel market has begun to move closer to the official exchange market ”

Greetings

Hernán Robert Hbravo 

----------

TRANSLATE IN SPANISH: 

Miércoles 07 Febrero 2024

Opiniones del gurú del dinar iraquí
Frank26 : Dice
[Historia del banco Fort Worth Chase] 

VISITANTE DEL BANCO: Fui a uno de los Chase Banks más grandes de Dallas. Este banco es diferente a lo que he visto jamás. Eran dos pisos y arriba había muchas ventanas por las que no se podía ver. 

FRANK: Muchos bancos están metamorfoseando su entorno para ser parte del proceso de intercambio...

VISITANTE DEL BANCO: Voy y me siento y en 5 minutos este banquero privado, que por cierto es vicepresidente en su tarjeta, se acerca y me saluda... Le dije que tengo una gran cantidad de moneda extranjera y ¿puede avisarme cuándo lo hará? poder cambiar esta moneda. No dije dinar... dije que sé que nos estamos acercando... siendo Chase el banco número uno en Irak. Me miró, sonrió y dijo: Tengo un par de clientes más como tú.
RayRen98 : Dice
LOS CHICOS DE 3 LETRAS ESTÁN INDICANDO QUE EL TIPO DEL DINAR AÚN ESTÁ FIJADO EN $4,81 PERO PUEDE INTRODUCIR TEMPORALMENTE UN BAJAR… ESTÁN “MIRANDO EL RELOJ”
MarkZ : Dice
“Vietnam presiona a Estados Unidos para que les conceda el estatus de economía de mercado” Esto podría conducir a un aumento del valor del dong vietnamita. El Departamento de Estado de EE.UU. ha pedido a Vietnam que aumente el valor de su moneda.
Clare : Dice
Artículo: ‘Se acerca un funcionario’… Asesor sudanés revela medidas para reducir los tipos de cambio en el mercado paralelo” Cita: “Destacó que “hay una tendencia clara y comienzos alentadores en que el mercado paralelo ha comenzado a acercarse al mercado cambiario oficial”
Saludos
Hernán Robert Hbravo

Currency Revaluations and Floats in the Last 52 Years BY SANDY INGRAM

Cairo Fines Baghdad A Billion Dollars Following A Contract That Was “Not Implemented”..Parliamentary Doubts About “Selling The File”, 8 FEB

 Cairo Fines Baghdad A Billion Dollars Following A Contract That Was “Not Implemented”..Parliamentary Doubts About “Selling The File”

Money  and business    Economy News – Baghdad   Baghdad lost about a billion dollars to Cairo for not complying with a contract with an Egyptian company concluded in 2001 that it did not implement, in a case before a court in Cairo, in which the complainant and the lawyers were Egyptian, according to a member of the Parliamentary Transport and Communications Committee.

According to a decision by the Egyptian Arbitration Court, Iraq must pay $927 million in compensation to an Egyptian aviation services company called “Horse” that was previously contracted with, but the Iraqi Airways Company and the Ministry of Transport did not comply with it.

In this context, a member of the Parliamentary Economics and Communications Committee, Karwan Yarois, explains that there are doubts that “the file was sold in some way because it is not true,” according to the Rudaw network.

He pointed out that "the complainant is an Egyptian company, and the arbitration court is in Egypt, and the Iraqi lawyer's team consists of two Egyptian lawyers, one of whom is an employee of Iraqi Airlines itself."

It is not permissible in law for an employee to “practice law at the same time,” according to Karwan Yarois, who revealed that the Egyptian employee “was contracted as a lawyer in the case for $400,000.”

Information indicates that the value of the contract amounted to $97 million, while compensation was set at $927 million.

For its part, the Iraqi government began negotiations with the Egyptian government to pay this amount through crude oil.

In turn, Yasser Al-Husseini, a member of the Parliamentary Economics Committee, confirms that the compensation “burdens the government’s burden and causes a waste of public money and many financial violations, and next week we will have an announced position on all issues and take it towards the judiciary and the government to address this matter”...

The decision of the Egyptian Arbitration Court to impose compensation of $927 million on Iraq because of the “Horse” company comes while it had been classified by an Egyptian court decision on (October 25, 2015) as a company affiliated with the Muslim Brotherhood and included in the list of banned companies.

According to follow-ups conducted by the Iraqi Parliament, the contract dates back to 2001, and the previous regime concluded it for the motive of espionage and for political purposes, but in 2005 Iraq renewed this contract again, resulting in the loss of millions of dollars.

205 views 02/08/2024 - https://economy-news.net/content.php?id=40265

Coffee with the Codeman 2/8/2024

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Special guest host is Zester-Mark’s Son : Mark is on vacation until Wed. AM Feb. 14th 

Special guest host is Zester-Mark’s Son : Mark is on vacation until Wed. AM Feb. 14th 

Member: Great morning Mark - safe trip and have fun! Great morning Zester, Mods, and everyone!

Member: There is a rumor that a bond holder already had their money clawed back-  shared last night on Whiskey and Wisdom?

MZ: Yes……that would be accurate. If someone had it clawed back…then they had to have been given it. Right?  Contacts said since they knew someone that had funds clawed back they are not going to break their NDA.

MZ: Another great one from MilitiaMan –Be sure to watch it. These things he talks about are huge. Pay attention to the UN mission – Waiting on the full release of chapter 7 to join the WTO and to revalue the currency. Be sure to go listen, like and share. 

Member: Rumor:  Do you know the 24 states wanting to join brics? Wish we had a list 

Member: Hope that rumor is true. 

Member: my credit union closed at 12:30 pm yesterday for training. i asked the teller what kind of training & was it about the new US NOTE RAINBOW CURRENCY? she wasnt sure, then smiled. i said its coming soon

Member: Zester- Do you know if BRICS has more members then they publically shared?

Zester: I know they are having conversations with countries that they are not publically sharing. I imagine there are many countries who have privately agreed to join but have been unwilling to do it until more countries agree to do it at the same time ….Many may want to get away from the Petrodollar….but are waiting until it is safe for them to do it.  

Zester: Some news: “De-Weaponizing the Dollar”   We know that the BRICS countries are trying to get away from the US dollar. We know China and Russia are spearheading this effort. On January  30th the first CBDC payment from the United Arab Emerites to China was completed. This was the beginning of BRICS utilizing other currencies besides the US dollar.  Very good article

Zester The author of this article is a former prime Minister of the Curds (sp?) Republic and a professer at the Belguim road school in Beijing Normal University…...

MZ: Zester what is your plan for this evenings podcast?

Zester: It will be at 6 PM Est when Tucker Carlsons with Vladimir Putin interview finally comes out and I plan to be on right after it ends so we can talk about it. Plus review the news that happened today. I’m expecting the interview to be at least an hour….maybe longer. 

Member: Alex Jones says the interview would be about 2 hours long. 

Zester if that is the case we will do a podcast about 8 pm est….

Mod:  Carlson's interview with Putin will air on Thursday February 8 at 6 p.m ET/ 3 p.m PT. It will be available to watch on his website, www.tuckercarlson.com, TUCKER SAID IT WOULD BE FREE.

Member: Just curious what do you think the odds are that the PTB cut the internet tonight before Tucker’s interview? Probably blame in on Houta rebels or a solar flare?

Zester: I think if they could get away with it – they absolutely would- But, since Tucker is on his own website domain…..I don’t think that would happen unless they take down everyones internet in the entire United States to keep us from watching it. Fingers crossed they are not that desperate to try to keep us in the dark. . 

Member: I have a sneaky feeling we are going this weekend! Not resisting or pushing! Just letting it Flow!

MZ: I may be popping in off and on this week…….I am taking a laptop with me. 

Member: Zester will get all the glory announcing the RV while you are away on vacation Mark..HaHa

Zester. That’s what I am talking about. If it happens while he’s gone- I will be able to say I got it done in –say 3 days…lol…I hope it does…we have all been waiting a very long time. 

Zester: Monday I may be doing a beginning course on Cryptos…..I have gotten many questions about it. 

Member: remember patriots when we the people fear the government its called TYRANNY, when the government fears we the people its called LIBERTY. zester thanks for stepping in for your dad. Great job

Member: You are absolutely right. And thanks for the kind words. 

Mod:  GUYS! PLEASE SUPPORT ZESTER! THANKS! YOU GUYS ARE THE BEST! HUGS

Mod: MR. C. IS HAVING TECH ISSUES AND WILL BE JOINING US TOMORROW AT HIS NORMAL TIME!

Member: Zester, thanks for looking after us while your dad is away having fun!

Zester:  Dad really needs a little time off….So I am very glad to be able to help out. 

Mod:  GUYS ZESTER WILL HAVE A SPECIAL BASICS CRYPTO 101 ON MONDAY! HAVE YOUR QUESTIONS READY!

Member: See everyone tonight at 8 est.

TIDBIT FROM MARKZ, 26 NOV

  MarkZ      [via PDK]    “ Commission: This week will witness the ratification of the results of the Kurdistan Parliament elections ”  More...