Here is a little news: “Iraq revokes Iran’s bank Melli operation license” This article is interesting because of what is mentioned in it…
That there are many banks in Iraq that are banned from participating in the daily US dollar auctions held by the CBI…to stop the smuggling of US dollars to Iran and that Iraq has reserves of over $100 Billion dollars held in the United States . From Rueters.
On Sunday, the US Energy Information Administration declared that Iraq had not exported any oil to the United States in the previous week.
“The US imports of crude oil during the past week from 7 major countries amounted to 5.459 million barrels per day, an increase of 519 thousand barrels per day compared to the previous week, which amounted to 4.940 million barrels per day,” the administration stated in a table obtained by.
— As a curious note, I explain what they told us last night about the Purchase Line: that because the Imperial Family of the Ancient Chinese Golden Dragon is the one that puts up all the gold necessary for the Ransom payments, they decided that the deposits for the holders They will begin on the day they begin to celebrate the Chinese year (year 4722 for them), which is this Saturday, February 10, 2024 (in different countries in Asia there are different start dates, from early January to mid-February).
— This money has already been received by the main Financial Institutions and the 50 Best Banks in the World and they are passing it on to Paymasters who will contact the clients.
— Liquidity will be from Monday, February 12, because in the West normally people do not work on Sundays. Among the 12 different animals to which each of their years corresponds, this one corresponds to the Dragon, which for them is not an evil monster, but a just and benevolent creature that brings prosperity.
— Over the next two weeks, large holders who have already completed their paperwork and submitted SKRs will be paid. I will inform you of any future developments. Thanks for everything.
Iraq signs Agreement with Libya to Enhance Youth Sector
On Wednesday, Ahmed Al-Mabrouq [Ahmed Al-Mubarak], the youth minister of Iraq, and Fathi Al-Zeni [Fathallah Al-Zani], the youth minister of Libya, inked a cooperation agreement to “advance the youth sector in various fields.”
Dr. Ahmed Saad Aliwi, the director general of the Department of Scientific Care, and Dr. Akram Naeem, the director general of the Department of Studies and Development of Youth Cadres and Leaderships, accompanied the Libyan Minister in the receiving delegation.
Under the terms of the memorandum of cooperation, the agreement calls for building an executable executive program, coordinating efforts in international organizations within the context of Arab work, and sharing youth-related studies, research, and experiences.
The deletion of the zeros - It'll go from a 25,000 dinar down to a 25... No one will become rich...The Iraqi government can delete the zeros, taking your 25,000 dinar note down to a 25 note and then make a major change to the exchange rate. That's a possibility. What we're hoping for is that it goes up in increments and it keeps going and they keep the zeros on it...Deletion of the zeros off the exchange rate - No such thing.
I absolutely positively believe the Middle East is going to be prosperous. I absolutely believe the dinar is going to be a huge part of that...
I've heard this story a zillion times - It [the Iraqi dinar] used to be $3.22 so if you adjust for inflation it's going to be much higher. If that was the case do you understand how much higher the Kuwait dinar would be ?
It's around the same as it was 7, 8, 10, 20 years ago. You don't see them go, 'Hey this year we raised a whole other dollar because of inflation.' No. That's just ridiculous. I've heard that all before. It's not adjusted based on inflation...There is no currency exchange out there right now that you can find that's even remotely close to $4 let alone $7...