Saturday, March 2, 2024
Biden and his deputy refuse to meet Masrour Barzani at the White House, 2 MARCH
Biden and his deputy refuse to meet Masrour Barzani at the White House
An American website confirmed that the offices of the US President and Vice President refused to hold face-to-face meetings this week with the Prime Minister of the Iraqi Kurdistan region, Masrour Barzani.
According to the Washington Free Beacon website, citing sources and former American officials who sought to hold these meetings, they expressed their concern that Biden and Harris would not give time to meet Barzani.
The website stated, “US Secretary of State Anthony Blinken pressured Masrour Barzani to work more closely with the Iraqi government to calm tensions.”
The website also quoted Michael Knights, an expert on Middle East affairs, close to the Kurdish leadership, residing in Erbil and a personal friend of Kurdistan Democratic Party member Hoshyar Zebari, as saying, “The White House refuses to meet with friends and partners of the United States from Kurdistan, but happily invites the Iraqi Prime Minister to the office.” Al-Baydawi,” adding, “It seems to many as if the United States cannot distinguish between friends and enemies. link
"RV UPDATE" BY SANDY INGRAM, 2 MARCH
Sandy Ingram
US Department of State Website Article: "Secretary Antony J. Blinken and Kurdistan Regional Government Prime Minister Masrour Barzani Before Their Meeting" The Iraqi Kurdistan prime minister has not been in Iraq at all for several days, but in Washington DC, meeting with Secretary Blinken. They are discussing what went down in the first quarter of this year in Iraq
Iraq and Turkey have an agreement where people and cargo can begin travel...up through Iraq...into Turkey and...into the Mediterranean Sea, which will allow...faster access to Europe. This project is expected to increase Iraq's GDP, provide thousands and thousands of more jobs and kickstart Iraq's economy foundation outside of the oil industry.
The interest rate in Iraq averaged 6.17% from 2004 until 2024 reaching an all time high of 20% in December of 2007 and a record low of 4% in March of 2016. 6.17% is a high rate, yet they still are having trouble getting the Iraqi people to put their money into the bank. Iraq does have a bank deposit protection program similar to the US's FDIC.
[Dinar Guru NOTE: For comparison the average US bank account offers .47%. You can find high yield savings accounts that offer around 5%]
The problem for Iraqi dinar investors is no US banks and few banks worldwide will allow transactions using the Iraqi dinar.
Bankers turn their noses up when people ask about Iraqi dinar and this is one of the reasons the investment is called shady.
ANALYSIS OF IRAQ NEWS
Iraq's tourism could easily increase to over 10 billion US dollars a year, comparing it with Egypt's tourism.
The problem for people in the United States is no bank in the US will do any transactions using the Iraqi dinar. Until this changes we have to find other ways to pull our profit out of Iraq. We can do this. I found one way and will discuss it in a an upcoming [post]...
There is an organized effort in Iraq to never revalue or increase the value of the currency abasing the US dollar or to provide profits for people in the west...Between the different factions within Iraq, revaluing their currency, even when they can afford it, may not be on their agenda...
Iraq is getting closer to a currency reset...Iraq's rail plans have investors worldwide watching carefully...The rail connection in Iraq from the Gulf to Europe will change Iraq's economy. This same method of increasing the GDP was recently used by Mexico when they built a connecting rail system...Mexico's exchange rate increased against the US dollar and now Americans are spending more money to live in Mexico... This is one of the major paths that can lead to a higher GDP and a higher value in the currency. The project is set to start in early 2025.
The International Monetary Fund has consistently recommended Iraq develop additional streams of income outside of the oil industry. Iraq holds a significant amount of the world's history within its borders...What is needed is security and safety for travelers. Once safety issues are address and the Euphrates and Tigris Rivers are flowing again there will be substantial annual revenue to help boost Iraq's GDP.
" Iraq's central bank revokes Iran's Bank Melli operating license" This article tells us the US is serious about not allowing Iran to have access to US dollars. It also tells us Iraq is serious about aligning with the US Treasury Department to maintain access to over one hundred billion US dollar of its money in the Federal Reserve.
Vietnam is making major financial news. Vietnam factory activity returns to growth status after the pandemic, tourist arrivals increased by 73.6% in January and retail sales are still growing for the 26th straight month. The inflation rate is at a five month low of 3.7%. Overall Vietnam has green lights on all growth patterns...Vietnam knows precisely what to do to bring the value of its currency back into the line of profit...
https://dinarevaluation.blogspot.com/2024/02/rv-update-by-sandy-ingram-12-feb_040016202.html
Masrour Barzani and Brett McGurk agree to strengthen the security of the Kurdistan Region, 2 MARCH
Masrour Barzani and Brett McGurk agree to strengthen the security of the Kurdistan Region, 2 MARCH
Shafaq News/ The Prime Minister of the Kurdistan Regional Government, Masrour Barzani, and the White House Coordinator for the Middle East and North Africa, Brett McGurk, stressed the importance of enhancing the security and stability of the region and protecting its constitutional entity.
A Kurdistan government statement received by Shafaq News Agency on Friday stated that Barzani met (yesterday, Thursday) at the White House with McGurk, and they exchanged views on the latest developments in Iraq and the region, in addition to discussing ways to strengthen bilateral relations.
The meeting also witnessed a mutual agreement on the importance of enhancing the protection of the security and stability of the Kurdistan Region, protecting the constitutional and federal entity of the region and preserving the rights of all its components.
"IMPORTANT IRAQ NEWS: AFTER THE TRADE EXCHANGE VOLUME EXCEEDED ONE BILLION DOLLARS.. AN IRAQI-SYRIAN MOVE TO ADOPT CURRENCIES OTHER THAN THE DOLLAR " BY MNT GOAT, 2 MARCH
AFTER THE TRADE EXCHANGE VOLUME EXCEEDED ONE BILLION DOLLARS.. AN IRAQI-SYRIAN MOVE TO ADOPT CURRENCIES OTHER THAN THE DOLLAR
The head of the Iraqi-Syrian Business Council, Hassan Sheikh Zaini, revealed that the volume of trade exchange between Iraq and Syria has exceeded the billion-dollar barrier, while pointing out that there is a mechanism to adopt currencies other than the dollar in this exchange.
Sheikh Zaini said, “The joint committees between the two countries are looking for a mechanism for trade exchange away from the dollar, since Syria currently exchanges in the European currency (the euro),” according to the official newspaper.
He added, “ There are other platforms and currencies that Syria exchanges with other countries, and Iraq may benefit from them in the event of trade with them, especially with the volume of exchange between the two countries reaching more than a billion dollars annually.”
He stated that “the two countries may use the Russian ruble, the Japanese yen, the Chinese yuan, the Emirati dirham, or other currencies to sustain trade exchange between them,” calling for “the establishment of banks for commercial exchanges to enable the possibility of abandoning the dollar and creating another platform in this regard.”
He pointed out that “the use of other currencies in trade exchange between Iraq and Syria reveals the two countries’ need for each other, by benefiting from products of various types, industrial and agricultural.” He explained, “There are joint Iraqi-Syrian committees at most levels, such as agriculture, industry, trade, transportation, customs, and everything related to food and medicine. They supervise the entry routes for goods and seek to overcome many obstacles that may hinder joint trade between the two countries.”
š®š¶ Al-Zaidi’s Anti-Corruption Push Could Be Laying the Foundation for a Stronger Iraqi Dinar šµ
š®š¶ Al-Zaidi’s Anti-Corruption Push Could Be Laying the Foundation for a Stronger Iraqi Dinar šµ Recent developments coming out of Iraq are...
-
š Global Currency Reset: What’s Happening Now The so-called “RV Redemption” is reportedly entering a new phase, according to various sour...
-
A groundbreaking and irreversible shift is occurring in the global financial system as it rapidly transitions to a gold-backed structure. T...
-
Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...