Monday, April 8, 2024

The Prime Minister's visit to Washington... developments and expectations, 8 APRIL

 The Prime Minister's visit to Washington... developments and expectations

 Political circles in Baghdad are awaiting the visit of Prime Minister Muhammad Shia al-Sudani to Washington, scheduled for mid-April, which is considered the first of its kind for al-Sudani after he assumed the presidency of the government a year and a half ago.

The two sides expect that the visit will address important issues, including scheduling the foreign military presence in Iraq, supporting the government’s economic reforms, in addition to the relationship between Baghdad and Erbil, which is suffering from an ongoing crisis.

The political researcher, Mujasha Al-Tamimi, explained that the Sudanese visit will focus on “only two issues,” noting that the visit will focus on activating the strategic framework agreement signed with the United States in 2008, and requesting economic support for Iraq while providing guarantees to combat corruption and money laundering.

Al-Tamimi added that the visit will witness broad participation from businessmen and experts in the fields of economics and finance, with the aim of attracting more American companies to invest in the Iraqi market.

For his part, the academic and political researcher, Abdul Aziz Al-Issawi, confirmed that the visit will focus on scheduling the foreign presence in Iraq, and said that it comes at a very important time with the escalation of demands in this regard.

Al-Issawi added that the primary goal of the visit is to initiate actual steps for dialogue with the United States and the international coalition to schedule the foreign presence in Iraq, in addition to strengthening bilateral relations in the fields of economy, investment, education, culture, and energy.

The Iraqi Prime Minister's visit to Washington comes in light of increased political sensitivity, especially with the approaching US presidential elections, which may affect bilateral relations between the two countries

The visit is expected to witness further developments and fruitful talks, and may pave the way for strengthening relations between Baghdad and Washington in the near future. link


"RV UPDATE" BY FRANK26, 8 APRIL

  Frank26 

 Question "I lost my receipt, is that going to be a problem?" 

 Yeah that's a problem when you get  audited but that's the only time it's a problem.  

 When you get audited they're gong to ask you when did you buy that and if you've held your dinar for one year and have proof of a receipt you'll probably be in the 20% but if you have held it for one year and you don't have a receipt you'll probably be in the 40%. 

 I'd rather pay $200,000 on a million than $400,000.  

You lost your receipt?   Call the person you bought it from to see if their records have it...Did you write a check?  Got to your bank and ask...please look  up my check statement on this date on this month on that year...

https://dinarevaluation.blogspot.com/2024/04/i-lost-my-receipt-is-that-going-to-be.html  

 The exchange rate is in the budget to be voted on by parliament.  But the budget is waiting for the new exchange rate.  The budget is not waiting for any vote on parliament.

You know how close you are to this?  If you're not as close to being prepared, good luck.

 Sudani said to his citizens, ' Before the end of Ramadan, before the start of EID it is my desire to make a major announcement.'  Ramadan comes to an end on the 8th of April.  On the 9th EID starts.   From the 9th to the 11th we have an amazing window to study and to see what happens with our investment because on the 15th Sudani will go to Washington DC to see the president of the Untied States.


CBI Release Rate in April?💣In-Country Rate then RI🤔Iraq Dinar RV Updates...

Signing a strategic partnership contract with Kuwait to pass international communications traffic to Europe via Iraq, 8 APRIL

 Signing a strategic partnership contract with Kuwait to pass international communications traffic to Europe via Iraq

 The General Company for Communications and Informatics, one of the formations of the Ministry of Communications, signed a strategic contract, today, Sunday, to pass international communications traffic to Europe via Iraq via Turkey through temporary transit (transit) with the Kuwaiti “Zajel” company.

Minister of Communications, Hiam Al-Yasiri, said in a statement today that the signing of the contract comes to strengthen Iraq’s strategic position in the region and maximize financial revenues in implementation of the government program and the general federal budget law.

She indicated that this contract is the first of a number of contracts and projects for submarine and transit cables to pass communications traffic from the Gulf countries and the countries of South and West Asia to the continent of Europe through Iraqi sea and land ports, passing through Turkey.

Al-Yasiri added that this project and other similar projects that are currently under procedures will make Iraq a safe land corridor that competes with the only international sea corridor in the region that passes through the Suez Canal, and these projects will contribute to enhancing the security stability of the country due to the presence of commercial interests and joint work with the rest of the countries of the region and the world. In addition, it will fill an important part of the countries' growing need for large and large Internet capacities.

The minister indicated that the ministry will sign other similar contracts soon, including with Saudi Arabia to land a third submarine cable for Iraq in Al-Faw, in addition to the existence of initial approvals to connect the UAE to Al-Faw and to pass its capacity through Iraqi territory, and there are other measures with Oman and the Kingdom of Bahrain, as all the Arab Gulf states want By passing its missions through Iraq to Europe. link

"RV UPDATE" BY MILITIAMAN, 8 APRIL

  Militia Man  

 Article:  "The start of drawing liquidity from the hands or Iraqi's Iraq is getting money outside of the bank, into the bank...They've gotten off the street upwards of 8 trillion dinar.  That's a lot of dinar...Reducing the note count is the direction which is where they're headed...If you reduce the note count, purchasing power comes with it...

 They're going to pay salaries and they're going to start pumping oil.  They're going to have  to have some sort of value in those assets and what we believe is that we're looking for is a real effective exchange rate...  
 They are ready to resume exports at any time.   Why?  Because they have the systems in place.  Iraq's natural resources are phenomenal...these guys have so much natural resources it's not even funny.


 They are ready to resume exports at any time.  Why?  Because they have the systems in place.  Iraq's natural resources are phenomenal...these guys have so much natural resources it's not even funny.

Sat. 30 March Militia Man: “Two parties have confirmed that Iraq is currently RVing in-country on  Sat. 30 March.”  Ginger: “We’re hearing that the revaluation of the rate is currently underway inside the border of Iraq.


 The Parliament committee has instructed Iraqi merchants and retailers to adjust their prices of goods and services to reflect the changes of their new rate for the Iraqi Dinar and effective Sat. 30 March.”

Iraqi Dinar | Chase Bank 235 ATM's/80 Service Centers In Erbil

"QFS CONVERSATIONS: ABOUT ZIM CURRENCY" WITH GOLDILOCKS, 8 APRIL

 GOLDILOCKS

This article reflects more about Zimbabwe currency than the Zim Bonds my friends. 


It is good that they have changed their monetary policy to a backing in gold.


This will stabilize their currency and create new monetary policies for those who exchange with them over time. 


© Goldilocks 


https://bbc.com/news/world-africa-68736155