Saturday, February 17, 2024

"RV UPDATE" BY FRANK26, 18 FEB

 Frank26  

It's no longer a rumor that Iraq is entering the World Trade Organization.  Vietnam is part of the World Trade Organization.  Their currency is worthless. Does that mean the Iraqi dinar that is worthless can join the WTO?  Yeah.  Does that mean the Iraqi dinar is going to stay worthless?  No...The whole world and the United States Treasury worked with the CBI...

  Question:  "Do we have to have our currency for over a year

 For tax purposes, yeah.  If you have your currency for at least one year you're in the about 20% tax bracket.  If you have had it for less than one year and you exchange it you're in about the 40%.  If you have had it for one year and you don't have a receipt, you're in the 40%.  If you've had it for one year and you got a receipt you're in the 20%.

  [NOTE:  Some gurus feel the dinar exchange will be taxed as capital gains, others feel ordinary income and other not taxed at all.  The only opinion that matters is the IRS's - Consult a tax professional at the appropriate time to determine the right tax for your unique circumstances.]

  The CBI is not calling them 'lower denoms', they are calling them 'Lower notes'.  They also explain the need for fractional banking through the coins they will be giving them.  They are not using the word fractional banking with the citizens but they are telling them they will be able to get change so they will not lose money.

 I don't plan to go to a bank.  Can you imagine?


 ...I got 10 million dinars, here...Personally I  don't plan to go into a bank to exchange my currency.   I will have a team ...I'm going to have my lawyer get a hold of the bank and  say, 'I represent Mr. [Frank26] and Mrs. [Frank26] and they want to make an appointment for you to come to their house and collect  a large amount of foreign currency...My lawyer will already know exactly what the bank is going to offer me...The less contact I  have with the bank the better...If you have a small amount then you're going probably go into the bank.

Iraqi DinaršŸ”„RV Update Of Iraqi Dinar By Wolverine Today 2024šŸ”„iraqi dinar...

Barzani and Biden adviser discuss dialogue developments with Baghdad to re-export Kurdistan’s oil, 18 FEB

Barzani and Biden adviser discuss dialogue developments with Baghdad to re-export Kurdistan’s oil

Erbil – 964

The President of the Kurdistan Region, Nechirvan Barzani, on Saturday, discussed with Amos Hoxstein, the senior adviser to US President Joe Biden for energy and investment, the latest procedures and steps to resume the export of the region’s oil, and the dialogue of stakeholders in the Kurdistan Regional Government and the federal government on this subject.

A statement of the Presidency of the Kurdistan Region received by the network of 964 copies of it:

On the sidelines of the Munich Security Conference in Germany, H.E. Mr. Nechirvan Barzani, President of the Kurdistan Region, met this afternoon (Saturday, February 17, 2024) with Mr. Amos Huckstein, Senior Advisor to US President Joe Biden for Energy and Investment.

During the meeting, they discussed the relations of the United States of America with Iraq and the Kurdistan Region, especially in the fields of economy, energy cooperation and investment, the latest procedures and steps to resume the export of oil of the Kurdistan Region, and the dialogue of the concerned authorities in the Kurdistan Regional Government and the Iraqi Federal Government on this subject.

Mr. Huckstein pointed out that the United States looks with interest to the safety and stability of Iraq and the Kurdistan Region, and is willing to develop opportunities and joint cooperation with them in the sectors of economy, investment and energy, and stressed America’s commitment to continue to support and assist Iraq and the Kurdistan region.

Discussing Erbil-Baghdad relations, the security situation in Iraq and the Kurdistan region, threats targeting international coalition forces and diplomats in Iraq and the effects of complications in the Middle East in general, was another focus of the meeting.

https://964media.com/314582/

"RV UPDATE" BY MARKZ, 18 FEB

  MarkZ  

 [via PDK]  

Comment:  Well this is a 3 day weekend…Monday is Presidents day…fingers crossed.   MarkZ: We don’t know the timing but, this weekend would sure be a great opportunity.  ...It is fairly quiet in Iraq today But there is a lot of anticipation for this weekend. We will see what happens.

  I continue to get phenomenal news and am trying hard not to be excited in case this is not “it” yet.  But, if they are accurate then things are very much underway and we will see the fruition of it in the next 4-5 days.  I hope it is accurate but I want you to stay calm and grounded right now. But things are coming together in a positive way...The news is over the top good…I’ve never heard it from this many sources before and I have not had this many people that I know in real life go quiet with NDA’s.  This is unprecedented for me. I guess this is one reason that I am “calmly excited”

 ”The Central Bank of Iraq decides to restore the mechanism of financing foreign trade to Iraq starting next March”When they say “Next March” They mean this March of 2024 What does this mean 

This is all about foreign currencies and International Acceptance!   We have been looking for some of these announcements and now we are getting them. They want to strengthen the dinar…This is really great. This is all about international Trade and movement of money.

Comment:  I hear they are moving forward wihin 10 days. MarkZ:  I was told that their goal is by the 20th…but I could live with 10 days…by the end of February...My gut is screaming we will see this in the month of February based on the number of requests to keep us quiet and  the banking anticipation …And, a number of sources say we could get it by the 20th now...I think everything is done and we are just waiting on them to release it...My contacts in Iraq are telling me this…as well as bankers and government contacts. …Things are screaming at us that we are close.

https://dinarevaluation.blogspot.com/2024/02/rv-update-by-markz-16-feb.html

Iraqi dinar Groundbreaking Decisions Approved! What's the Major Announce...

Al-Sudani confirms that Iraq is continuing to achieve the goal of raising the level of exchange and integration with countries, 18 FEB

   Al-Sudani confirms that Iraq is continuing to achieve the goal of raising the level of exchange and integration with countries

Today, Friday (February 16, 2024), Prime Minister Muhammad Shiaa Al-Sudani confirmed that Iraq is continuing to “raise the level of exchange and integration with the countries of the region.”

A statement from his office received by Baghdad Al-Youm stated that Al-Sudani met with Lebanese Prime Minister Najib Mikati, on the sidelines of their participation in the 2024 Munich Security Conference, and during the meeting, they “discussed bilateral relations between Iraq and Lebanon, and ways to enhance exchange in aspects of common interest.” “In the interest of the two brotherly countries.”

Al-Sudani pointed out, "The continuation of the aggression against Gaza, and the threat it causes to stability in the region, and the necessity of stopping this aggression and preventing its expansion, in addition to stopping the genocide to which the Palestinian people are being subjected, and attempts to expand the conflict through attacks on brotherly Lebanon and its borders." 

He reaffirmed "Iraq's progress in achieving the goal of raising the level of exchange and integration with brotherly and friendly countries in the region, in a way that provides the means for development and opportunities for its people, and the means to overcome economic crises."

For his part, Mikati stressed "Lebanon's keenness to establish security and stability in the region, and to continue constructive cooperation with Iraq in all fields, expressing his thanks and appreciation for the Iraqi positions in support of Lebanon, and providing fuel and support to support the Lebanese people in facing economic difficulties and challenges."  link

"RV UPDATE" BY BRUCE, 17 FEB

 Bruce 

  [via WiserNow]   ...According to one of our strong sources...we're at the position where we could get notified...Friday or Saturday with our notifications and hopefully start by Saturday for exchanges ...we should be able to get started, hopefully within the next couple of days. 

 [via WiserNow]  I know that there are rates on the bank screen I know that they should be locked in.  ...We should also have rates on redemption center screens, which is the better way to go...you should be absolutely thrilled with the rates that are available for all of our currencies.

 ...we're being told by our redemption center people that we are in for a very exciting weekend...

 we did get information...that is pointing to this going very soon...So there’s  a 4 letter word that we don’t use that often.   ...from...main sources...we will be going in for exchanges before or by Friday morning...It looks very good...I think this could be a very interesting week, weekend into next week...

https://dinarevaluation.blogspot.com/2024/02/rv-update-by-bruce-11-feb.html