Important real CIC message soon.
Tuesday, April 2, 2024
"ZIM WILL BE REDEEMED 1 TO 1 PERIOD" BY QFS_GLOBAL VIA TWITTER, 2 APRIL
Important real CIC message soon.
The Central Bank reveals the reason for depositing Iraqi oil money in America, 2 APRIL
The Central Bank reveals the reason for depositing Iraqi oil money in America
Baghdad - Iraq Today:
The Central Bank of Iraq revealed the legal basis for depositing oil revenues in the US Federal Reserve.
According to documents issued by the Central Bank, "the legal basis for depositing oil revenues at the Federal Reserve Bank of New York in the IRAQ2 alternative account to the DFI account is the expiration of the extension of the US President's Executive Order No. 13303 issued in March 2003, which granted immunity over Iraqi funds deposited in the then DFI Iraq Development Account, and the end of the United Nations protection over Iraq's funds that were granted to it under the UN Security Council Resolution No. 1483 of 2003 after the issuance of UN Resolution 1956 at the end of 2010."
The documents added, "Accordingly, the IRAQ2 account was opened, which is used to deposit the funds of Iraqi crude oil exports and is transferred to the account of the Central Bank of Iraq with the Federal Reserve Bank within a period of 24 hours from the receipt of these amounts to ensure that they are not exposed to the claims of creditors as they are funds belonging to the Iraqi government derived from the export of crude oil, and this mechanism has been organized through a (memorandum of understanding) signed between the Iraqi Ministry of Finance and the Central Bank of Iraq on 2/6/2014 for the purpose of organizing the work of the alternative IRAQ2 account. for the account of the Development Fund for Iraq and that this memorandum is the legal basis for the establishment of the said account."
"The immunity granted under these two documents covers sovereign funds only and does not include funds used for commercial purposes."
The documents explained, "With regard to the answer to the third paragraph, foreign reserves may be deposited with several external parties, central banks and financial institutions, and not only based in the Federal Reserve Bank, and that interest rates vary according to the investment segment, the duration of the investment and the institution with which the investment is made, in addition to that the carrier company is Orient Company, which is contracted with this bank to transport dollar shipments from the Federal Reserve Bank to Baghdad International Airport and with a security amount of (414,000) US dollars (four hundred and fourteen thousand dollars). US per shipment, and transportation fees of (216,310) US dollars (two hundred and sixteen thousand three hundred and ten US dollars) Department of Parliamentary Affairs, Parliamentary Oversight Section.
She added that "it is not possible to transfer the revenues of the sale of oil to the interior because of the impossibility of carrying out financial operations for Iraq if the money is at home, and closing our account with the Federal Reserve Bank can expose Iraq to the risk of international claims, in addition to the inability to settle our payments in US dollars without an account in the Federal Reserve Bank or another US commercial bank."
"THE RV IS CURRENTLY UNDERWAY INSIDE THE BORDER OF IRAQ" BY GINGER, 2 APRIL
GINGER
Sat. 30 March Ginger“We’re hearing that the revaluation of the rate is currently underway inside the border of Iraq.
Baghdad-Washington dialogue: Will the US withdrawal file from Iraq be resolved?, 2 APRIL
Baghdad-Washington dialogue: Will the US withdrawal file from Iraq be resolved?
A new round of dialogue is being held between Baghdad and Washington, the fourth since last February, to discuss the issue of the American withdrawal from Iraq and ending the role of the international coalition to fight ISIS. This tour comes ahead of the visit of Iraqi Prime Minister Muhammad Shia al-Sudani to the White House.
Challenges:
This round of dialogue faces many challenges, the most important of which are:
The lack of a clear consensus on the feasibility of withdrawal: Iraqi views on withdrawal differ, between those who see the necessity of the withdrawal of all American forces, and those who see the importance of some of them remaining to support the Iraqi forces in the fight against terrorism.
The position of the American administration: The American administration did not announce a clear position on withdrawal, while the statements of its officials indicate their desire to redraw the coalition’s tasks or for the forces to remain for additional years.
Pressure from armed factions: Some Iraqi armed factions continue their attacks against American forces, demanding their complete withdrawal from the country.
Discussions:
The discussions between Baghdad and Washington address many points, the most important of which are:
Evaluating the international coalition’s mission: The fourth round evaluates the need for the international coalition’s presence in Iraq.
Setting a timetable for withdrawal: Baghdad is demanding that a clear timetable be set for US withdrawal.
Determining the nature of American support for Iraq: The tour discusses the nature of the support that the international coalition will provide to Iraq after its withdrawal.
The issue of the withdrawal of US forces from Iraq remains complex, and requires further dialogue and negotiation between Baghdad and Washington. link
"ANNOUNCEMENTS WILL OCCUR IN THE FORTHCOMING WEEK" BY TEXAS SNAKE, 2 APRIL
Wed. 27 March Texas Snake
The latest message to all Regional Currency Exchange Managers is to advise their specialists to be available for duty in the week following Easter Weekend.
All requirements have been satisfied Globally and announcements will occur in the forthcoming week.
Sat. 30 March Texas Snake
“The council and Gov’t of Iraq have advised all retailers in country are free to revise their product prices upward to reflect the change in Dinar valuation taking place today in country. They are RVing in-country in Iraq today. Confirmed by two independent sources.”
TIDBIT FROM NADER FROM MID EAST, 23 NOV
Nader From The Mid East We will not go more than $4 so don't waste your time and ask question about $16, $8, $11 and $12. Don...
-
Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
-
Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
-
Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...