...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 ....
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...Folks this is amazing news.
Iran Has The Least Share In Kurdistan. Most Investors Are Lebanese And Turkish, With $10 Billion
Posted On 02-08-2024 By Sotaliraq The Kurdistan Investment Authority says that foreign companies have implemented 45 projects since 2006 with a capital amounting to $10 billion, most of them Turkish and Lebanese, while confirming the participation of America and Iran in this.
Pashtwan Hama Saeed - Director of the Kurdistan Investment Authority, Network 964:
The volume of foreign investment in Kurdistan amounts to $10 billion, and the foreign companies investing in the region are Turkish, Iranian, Lebanese, Russian, Emirati, American and Chinese.
From 2006 until the end of 2023, foreign companies implemented 45 investment projects with a capital of $10 billion in the region.
Turkish companies occupy first place in the region’s investments with 17 projects, followed by Lebanese companies with 10 projects, while Iranian companies have the lowest “independent shares” in the region.
Recently, 29 joint projects were agreed upon between Iraqi and foreign companies in the Kurdistan region. LINK
FINANCIAL EXPERT: THE DIFFERENCE BETWEEN THE OFFICIAL AND PARALLEL RATES OF THE DOLLAR IS NORMAL… AND HE REVEALS THE REASON
The former director of the Financial Supervision Bureau and expert in economic and financial affairs, Salah Nouri, confirmed that the difference between the official and parallel prices of the dollar is normal.
Nouri told {Al-Furat News} agency, “Given the unstable international situation, including the possibility of a drop in oil selling prices, and the US Federal Reserve’s emphasis on monitoring foreign transfers and the threat of sanctions, all of this encourages an increase in the dollar exchange rate.”
He pointed out that “the difference between the official and parallel prices is normal at the present time and to some extent acceptable as a result of these reasons.”
Parliamentary Bodies Talk About “Boycotting The American Ambassador” And Clarify “Washington’s Agenda” In Baghdad
Politics |Baghdad Today – Baghdad Parliamentary authorities confirmed that the decision to boycott US Ambassador Elena Romanski already exists, while referring to the "Washington agenda", which it wants to implement in Baghdad.
A member of the coordination framework, Muhammad Al-Baldawi, said today, Thursday (February 8, 2024), that “boycotting the meeting with the American ambassador to Iraq is an existing decision and it is a general trend in response to violations, but the issue went beyond the topic of the meeting, whether it should remain or be recalled.”
Al-Baldawi added in an interview with “Baghdad Today”: “We are facing major crimes committed by Washington against the leaders of the Popular Mobilization Forces and the Iraqi resistance factions through the attempt of the evil state - in reference to America - to drag Iraq and the region into war and ignite strife in implementation of its policies of setting fires in countries.” .
He pointed out, "Although the Iraqi resistance factions and their coordination have suspended targeting the American occupation bases, the latter is working with all its efforts to drag the factions, the resistance and Iraq into the war," pointing out that "it is necessary to send an urgent message to the United Nations, the Security Council, and the coalition leadership to withdraw the forces present in "The country."
He stated, "It is necessary for the United Nations to work in accordance with the Charter and hold accountable the countries that ignite wars in the region," noting that "what happened yesterday is aggression and a blatant violation of the country's sovereignty that cannot be tolerated, and the removal of American forces is a national demand of all factions."
On (January 28, 2024), the independent representative in the Iraqi parliament, Sajjad Salem, commented on the formation of a joint military committee between Iraq and the United States of America in order to remove foreign forces from Iraqi territory.
Salem told "Baghdad Today", "According to the strategic framework agreement between Baghdad and Washington, there are joint committees between the two parties, and these committees discuss security and military preparations, discuss threats, and end the work of the international coalition and remove foreign forces from the work and jurisdiction of the Iraqi security forces. They are Those most capable of identifying Iraq still need the presence of international coalition forces and to estimate the extent of the risks and threats that Iraq faces.”
He added, "The formation of a joint military committee between Iraq and the United States of America came due to the recent events that Iraq witnessed, including escalation between some factions and the Americans and mutual bombing operations, but whether American forces remain or not must be according to the estimates of the Iraqi forces, as this is a technical and security aspect." "It must be far from whims and political agenda."
On January 27, 2024, the first round of bilateral dialogue between Iraq and the United States was launched to end the mission of the international coalition against ISIS, which Baghdad hopes will lead to a gradual reduction of coalition forces on its territory. LINK
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.
