"RV UPDATE" BY YADA & NADER FROM MID EAST, 26 FEB

 yada  

Question:  Are we waiting for 5 pm...For Forex?  yada:  Not necessarily for the FOREX but for the markets to open. The lower denoms will be released after the rate change, almost seeming simultaneously. All the contracts from Davos, Baghdad forum, and now the OTC that closed on the 22nd, are all activated with the rate change.

Nader From The Mid East 

  Did you see the article...?  Sudani visiting the United States Soon.

Interesting information.!!! 

DINAR REVALUATION 

Monday, February 12, 2024 

"VR UPDATE" BY NADER FROM THE MIDDLE EAST, FEBRUARY 12 

Nader of the Middle East This is what I can tell you. When the dinar changes, everyone will know. Everybody in the whole world, everybody knows it. It will be all over the news. When Iraq is sovereign again, when someone declares the end of the war and all that, that's what's going to happen... Many people compare Iraq to Kuwait. Kuwait has only 4,400,000 inhabitants...

 they have 104 billion barrels of oil. Iraq has 140 billion barrels of oil, with only 4 or 5 manufacturers. The others still don't work. By 2025, Iraq will have almost 300 billion barrels of oil... 

Algeria is big and has many assets, but it has many fewer than Iraq and its dinar is stronger than the Iraqi dinar. If you look at Tunisian dinars, Tunisia has nothing... and their dinars are 3 to 1: three dinars for 1 dollar. My point is that these people have nothing. A revolution is coming out. They are a disaster. It's completely a disaster.

 They lost a lot. The private sector is a disaster and its [its dinar] is still strong. Iraq, this rate is still a punishment rate... They have to reevaluate it. If they revalue they will revalue it 1 to 1. We are coming out of the war. We are coming out of the worst of our lives. We started walking... We started growing... It almost collapsed, but it didn't collapse. 

It remained and remained stable... The only thing that destabilizes Iraq's economy is the war... Iraq is a very strong country... In a couple of years Iraq will be one of the strongest countries in the world. world... Iraq is very strong. Iraq survived the worst of its life. We survived 3 or 4 wars in the last 50 years. We survived and each time we came back and came back strong.

 This time we are going to come back very strong... The Iraqi economy will never collapse on its own. The Iraqi economy is always stable unless someone else shuts it down for them. 

Iraq's economy is one of the best economies in the world and will again be the best economy in the world. The negative things about Iraq will never be revalued, it's a scam, all that is nonsense. Iraq is going to come back someday and it will come back soon.

TRANSLATION SPANISH: 

REVALUACIÓN DEL DINAR

lunes, 12 de febrero de 2024

"ACTUALIZACIÓN DE RV" POR NADER DESDE MEDIO ORIENTE, 12 DE FEBRERO

Nader del Medio Oriente

Esto es lo que puedo decirte. Cuando el dinar cambie, todo el mundo lo sabrá. Todo el mundo en todo el mundo, todo el mundo lo sabe. Estará en todas las noticias. Cuando Irak vuelva a ser soberano, cuando alguien declare el fin de la guerra y todo eso, eso es lo que va a pasar...

Mucha gente compara a Irak con Kuwait. Kuwait tiene sólo 4.400.000 habitantes... tienen 104 mil millones de barriles de petróleo. Iraq tiene 140 mil millones de barriles de petróleo, sólo con 4 o 5 fabricantes. Los demás aún no funcionan. De aquí al 2025, Iraq tendrá casi 300 mil millones de barriles de petróleo...

Argelia es grande y tiene muchos activos, pero tiene muchos menos que Iraq y su dinar es más fuerte que el dinar iraquí. Si nos fijamos en los dinares tunecinos, Túnez no tiene nada... y sus dinares son 3 a 1: tres dinares por 1 dólar. Mi punto es que esta gente no tiene nada. Están saliendo una revolución. Son un desastre. Es completamente un desastre. Perdieron mucho. El sector privado es un desastre y su [su dinar] sigue siendo fuerte. Iraq, esta tasa sigue siendo una tasa de castigo... Tienen que revaluarla. Si se revalorizan lo van a revalorizar 1 a 1.

Estamos saliendo de la guerra. Estamos saliendo de lo peor de nuestra vida. Empezamos a caminar... Empezamos a crecer... Casi se derrumbó, pero no se derrumbó. Se mantuvo y se mantuvo estable... Lo único que desestabiliza la economía de Irak es la guerra... Irak es un país muy fuerte... En un par de años Irak será uno de los países más fuertes del mundo. mundo... Irak es muy fuerte.

Irak sobrevivió a lo peor de su vida. Sobrevivimos a 3 o 4 guerras en los últimos 50 años. Sobrevivimos y cada vez volvimos y volvimos fuertes. Esta vez vamos a volver muy fuertes... La economía iraquí nunca colapsará por sí sola. La economía iraquí siempre es estable a menos que alguien más la desactive por ellos. La economía de Irak es una de las mejores economías del mundo y volverá a ser la mejor economía del mundo. Las cosas negativas de Irak nunca se revalorizarán, es una estafa, todo eso es una tontería. Irak va a regresar algún día y regresará pronto.

https://dinarevaluation.blogspot.com/2024/02/rv-update-by-nader-from-mid-east.html

Great News RV Processing Approved 24 Hours Only | Iraqi dinar Latest new...

For the first time in 20 years. Iraq participates in the Ministerial Conference of the World Trade Organization, 26 FEB

 For the first time in 20 years. Iraq participates in the Ministerial Conference of the World Trade Organization

Economy News – Baghdad

The Ministry of Commerce, Sunday, participated for the first time since 2004 in the WTO Ministerial Conference to be held in the capital Abu Dhabi.

Minister Atheer Al-Ghurairi said in a speech during his participation in the preparatory meeting of Arab trade and economy ministers within the Arab Group for the 13th WTO Ministerial Conference followed by “Economy News”, that “Iraq participates for the first time since 2004 in the WTO Ministerial Conference held in the capital Abu Dhabi,” pointing to “the completion of the requirements of Iraq’s accession to the organization represented in the completion of the two files of trade in goods and trade in services within the timing schedule for accession to the global multilateral trade system.”

The minister pointed out that “the desire and seriousness of the Government of Iraq to establish balanced economic relations with all countries of the world and at various levels and fields by improving the business and investment environment and making real reforms in laws and legislation.”

He thanked “the Kingdom of Saudi Arabia to support the process of Iraq’s accession to the international organization through the visit of its permanent ambassador to the organization, Saqr, next, and his chairmanship of the working team on the accession of Iraq.”

On intra-trade and increasing trade exchange between Arab countries, Minister Al-Ghurairi noted “Iraq’s keenness on the importance of the presence of Arab countries in Iraq to restore its active role in economic organizations.”

The minister extended congratulations to the “Comoros and East Timor on their WTO membership.”

https://economy-news.net/content.php?id=40856

"RV UPDATE" BY PIMPY

  Pimpy 

  There's no doubt this [Development Road Project] is going to turn Iraq into a transit center.  There's going to be a lot of traffic going through there.  [But] Article quote: "Iraq has postponed the launch of its $7 billion development road project to early 2025..."  Hello, remember, don't count your chickens before they hatch.  We are talking about Iraq.  This happens quite often.

  Community Comment:  "Thanks for the let down once more that Iraq will never RV."  I never said it would never RV.  Never.  In fact I'm the one that said it's going to go up in increments.

Question: "There have been some references...regarding some Iraqi banks in the US, have you heard  about any of thee banks on US soil?"  Here you go:  You have the Iraq National Bank that's in New York. Rasheed Bank that's in New  York.   North Bank  that's Dearborn Michigan, The Bank of Baghdad is in New York City, TBI Bank which is in Washington DC.  These are  the Iraqi banks that are currently in the US...    

Community Comment: "IMO I think a $1.28 would be a sweet spot for the RV and then go up from there."  $1.28 would be pretty nice if we can get it but IMO if they want to make sure not to really crash their economy they're going to have to go up in smaller increments...I know you guys don't like to hear that and it makes me the bad guy.  You might see it go somewhere from...1310 for every dollar...to around 1,100 dinars for every dollar or maybe even 1,000 dinars for every dollar, then from there down to like 700s...small increments.

https://dinarevaluation.blogspot.com/2024/02/rv-update-by-pimpy-23-feb.html

 Community Comment: "Once the 3 zeros are deleted, establishing IQD's REER, then the rate will go up in increments."   That's not what you want.  You do not want them to delete the zeros before the rate goes up.  If they delete the three zeros off your currency then your 25,000 dinar becomes a 25 dinar and then they raise the rate?  That's not going to help you.  We'll see what happens.

 If you're going to exchange your Iraqi dinar, let's just say for the sake of this particular example...3 to 1, congratulations you now got millions of dollars.  So you go and you swap your currency and they're saying, 'Hey, you got $3 million in your account.'  Yah!   You can't say to them I want $3 million dollars because the bank doesn't carry money like that no more. They might say...we are going to allow you to carry out $5,000 for today cash but we're going to have to set an appointment with you to come pick up the rest of the cash...If they have to order currency for you, they're going to charge you a fee because they have to pay a fee...

https://dinarevaluation.blogspot.com/2024/02/rv-update-by-pimpy-21-feb.html

🔥 Iraqi Dinar 🔥 Iraq's sign Coin RV Announcement - Get in on the Action!...

Faction leaders set a "deadline" for Americans: either withdraw or resume fighting, 26 FEB

 Faction leaders set a "deadline" for Americans: either withdraw or resume fighting

Today, Sunday (February 25, 2024), a number of leaders of armed factions in Iraq set a deadline for the United States to withdraw its forces from Iraq completely, while choosing between withdrawing or resuming attacks against US forces.

The US National Radio Network (NPR) quoted statements from the leaders translated by "Baghdad Today", where the spokesman for the Sayyid al-Shuhada Brigades, Kazem al-Fartousi, said that "the factions will resume attacks against US forces again if they do not withdraw by the next US elections in November next year."

Unlike the battles fought by Iraq against Iran and Kuwait, which were imposed on it by Saddam Hussein's regime, this battle against US forces was chosen by the Iraqi people, not only to remove the forces' occupation, but also in support of the brothers in occupied Palestine," al-Fartousi said.

In turn, Kataib Hezbollah spokesman Mohammed Mohi, according to the network, said that "the US administration will pay a heavy price for the assassinations carried out against leaders in the Popular Mobilization Forces during the past month, most notably Baqir al-Saadi," stressing that "Kataib Hezbollah will confront the US forces and expel them not only from Iraq but from the entire region."

The network indicated that "the assassination of Baqir al-Saadi and the air strikes carried out by US forces last month against targets inside Iraq prompted the continuous efforts to remove US forces to escalate," wondering about "the reasons that call for the administration of US President Joe Biden to keep US forces in Iraq despite the lack of need."

The network pointed out in its report and interviews with faction leaders, that "Iraq has witnessed great security stability during the past period, the presence of US forces has become directly threatened by the tension between the factions and those forces," calling for "reconsidering their presence during the coming period to preserve the security gains achieved inside Iraq." 

"RV UPDATE" BY FRANK26, 26 FEB

  Frank26 

 Article: "Trade: Forming a committee to price foodstuffs, limit their rise, and exploit crises" 

 THIS IS WHAT WE TOLD YOU TO LOOK FOR NEXT...Alaq has formed with his cabinet a committee in order to do the repricing because it will be required with a new exchange rate.  What is the conclusion of all this?  I'm excited.  I told you, you should be too.

 Question:  "Is it good to hold some of our currency and hope the exchange rate will increase years from now?"  

That's your decision.  I can't answer that for you.  But it's a logical thing if it's in the float.  Let's say you got 2 million, exchange 1 million and check out the float.  Maybe you can get it for 2 to 1, 3 to 1, 4 to 1.  Yeah, that's proper stewardship.  But based on the amount of time they give you is how you determine whether you hold them or fold them.

 Question: "I appreciate you saying Chase and JP Morgan but is there a problem with Bank of America or Merrill Lynch?"  Who said there was? 

 You want to go to BOA and see if they can hook you up with Merrill Lynch?  Go for it...I told you there would be many banks.  If you don't like this one go to another bank.  There will be many places you can go and exchange to.