Sunday, February 18, 2024

"ANALYSIS OF IRAQ NEWS" BY CLARE, 19 FEB

 Clare  

Article: "Sudanese Advisor: Iraq is on the cusp of a transitional stage in the development of promising economies globally" Article quote:   "...international studies estimate that the share of natural resources per square kilometer relative to the area of ​​our country is the highest in the world.

Article: "Parliament hosts the governor and officials of the Central Bank regarding sanctions on Iraqi banks"

Article: "Economist: The window for selling the currency ends in 2024, and the central bank will devote itself to supervision

 Quote: "The Central Bank of Iraq decided to end the currency window process and adopt correspondent banks as an alternative. There will be a new mechanism to provide currency for transfers without returning to the currency window or the electronic platform  ."

ANALYSIS OF IRAQ NEWS

Article:   "Saleh: Iraq is experiencing high price stability and the decline of parallel market noise "

 Article: "Netherlands: About 60 thousand Iraqis live in our country and we are waiting for the Sudanese to visit

Quote: "Dutch Foreign Minister Hanke Bruins-Sloot announced on Tuesday that about 60,000 people from the Iraqi community live in her country, while she confirmed that Amsterdam is awaiting an upcoming visit by Prime Minister Muhammad Shiaa Al-Sudani. "

 Article "Iraq increased its possession of the yellow metal to more than 142 tons" Quote "Iraq announced the purchase of gold in the year 2023, amounting to approximately 12.25 tons."

Article:  "The Governor of the Central Bank of Iraq receives a delegation from the World Bank"  

Separate article quote: "The World Bank confirmed on Wednesday that the infrastructure for electronic payment systems in Iraq is the best in the region."

Iraqi Dinar | Good News for IQD Holder Exchange Dinar Outside Iraq With ...

US official returned from Baghdad: Sudanese in a better position right now and no negotiations with Iraq, 18 FEB

 US official returned from Baghdad: Sudanese in a better position right now and no negotiations with Iraq

Baghdad – 964

A prominent US official who just returned from Baghdad objected to describing the military dialogue with Iraq as “negotiations,” saying that what is happening between the two countries is “talks to develop a security partnership,” while stressing that partners in the Iraqi government have “valuable views” on the threat facing Iraq, and it is currently not related to ISIS as a top security priority, according to his statements to the 964 network .

The US official, who spoke of “fervent discussions” between the US State Department and the Pentagon on attacks against their soldiers in Iraq, said that the list of “hostile” targets was drawn up and targeted in isolation from the Iraqi-American dialogue.

This official, who spoke to Network 964 by phone, when he was returning from an official business trip in Baghdad, expressed optimism for a greater role for Prime Minister Mohammed Shiaa al-Sudani after the recent decline of faction attacks against US bases in Iraq.

https://964media.com/315060/

"RV UPDATE" BY FNU LNU, 18 FEB

  Fnu Lnu 

  Seek the expertise of an Asset Protection Specialist...Hiring a Team:  Tax Professional, Wealth Manager, Attorneys, etc...is a waste of money and time.  Hiring an Asset Protection Specialist is the best way to prevent lawsuits, mitigate and manage taxes, and estate planning.  "Hiring A Team" is like hiring a pack of wolves to guard your hen-house.  

[NOTE:  Speak to many different financial experts to find the right expert for your unique situation.]

International attorneys told me...there would be ten off premises exchange locations allocated by regional population throughout the Nation. I am assuming they are using the 10 United Nations Regions, roughly the same as Federal Regions...I was told...there would be an exchange facility in the most heavily populated city in that region.  For instance, Region ten encompasses Washington State and Seattle would be the location for that region...Also, by Off Premises, I mean locations that were NOT inside banks but usually nearby to a participating bank...These are what the unlearned are calling Redemption Centers.

Some opine that there is no such thing as a Redemption Center while others claim to be in contact with such Centers and their personnel.  What they (redemption centers) are, is a simple solution to a simple problem.

 Many of the large banks in heavily populated urban centers were concerned about having the Dinar traffic clog their lobbies at exchange time. The solution is to have a separate, off-premises, specialized, Exchange Center, complete with Delaru computer, in the most populated city in each of the 10 federal regions...I haven't been informed of any changes.

The Baghdad dollar faces big world draw on Monday BY NADER FROM MID EAST

With the documents.. The Central Bank announces the mechanism for granting license applications to electronic payment companies, 18 FEB

With the documents.. The Central Bank announces the mechanism for granting license applications to electronic payment companies

The Central Bank of Iraq revealed, on Sunday, the mechanism for granting a license to electronic payment companies, stressing the continued acceptance of license applications.

According to documents issued by its media center and received by {Al-Furat News}, the bank specified that “the applicant has a natural or moral person, at least three years of experience in the field of electronic payment and the payment industry, including the founders and participants,” noting that “the application includes a detailed explanation of the added value of the electronic payment sector in Iraq that will be provided by the company to be licensed, especially in the field of modern collection techniques and enriching the Iraqi market with distinguished and applicable service.”

The bank stressed “the need to submit a request for a detailed technical feasibility study of what the company to be licensed will provide,” pointing out that “the request includes the minimum criteria for accepting applications for a license to work as an electronic payment service provider, as well as what was stated in the electronic payment services system.”

“Applications that do not meet the conditions of the aforementioned license are rejected,” the bank said.

https://alforatnews.iq/news/بالوثائق-البنك-المركزي-يعلن-آلية-منح-طلبات-ترخيص-لشركات-الدفع-الإلكتروني

"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 18 FEB

  Frank26

  [Iraq boots-on-the-ground report] 

 FIREFLY:  Sudani talked about going to Washington DC to meet and get all oil reserves and assets from oil held in U.S. Treasury.  FRANK:  Dang!  Like they don't have enough money!  Wow! 

FIREFLY:  Al Suandi is on TV news Channel One saying the best and the only way to improve the electronic payment system is the CBI should remove the three zeros, print the new currency and give us a one month period to exchange our currency.  This will show the power of the dinar over the dollar...He also said this will get rid of citizen holding cash and any smugglers and money laundering. 

FRANK:  ...That's what they're about to introduce to you, your new exchange rate to match your lower notes...the lower notes will only work with a new exchange rate.  I can't believe they keep saying this to you constantly every day...You are within arms reach ...One month...I believe they'll give you longer than that.  Outside with us it should also be a longer time to exchange...

 FIREFLY: A guy comes on TV and he talks to us about how the end of the Untied Nations mission official has removed all sanctions from Iraq...

https://dinarevaluation.blogspot.com/2024/02/iraq-boots-on-ground-report-by-firefly_01039549117.html

 FIREFLY:  So far we are not seeing the lower notes but they talk to us about them every day.  They just talk to us about them and why we'll need them.

 FRANK:    They are talking to you about the lower notes and coins because they are about to show them to you next week or the week after.  I believe your bank friend will show you something in the sense of pictures...Take as many pictures as you can.

 FIREFLY: A representative from the CBI is talking to us in great detail about the new coins they will be giving us with the new currency notes...He said to us once again, the process to delete the zeros is in the process

 It made us smile.  He said this process is occurring because the lower notes will not be needed if the rate wasn't increasing.  He said if the CBI didn't come out with these lower notes the monetary reforms would be a disaster.  He said that's why we need a change in our rate...