The Iraq stage is clearly set for Al-Sudani to come to the USA...His achievements to date are phenomenal in totality! The DFI funds / funding having been the legal basis for depositing oil revenues in the new "IRAQ2" account with the Federal Reserve Bank in New York, "is the expiration of EO 13303", which granted Iraq the ability for her funds to be deposited in an account to be protected with legal authority, and to be where they are now.
Bottom line is Iraq has about $16 to $17 trillion worth of product in the ground that they know of and they're going to go after it...
Remember when you say Iraq was paying for all of their major construction at 1310 you'll see...payments were able to disperse out of the DFI fund..
.Food, currency exchange programs, electricity, oil infrastructure programs, equipment for Iraqis, equipment for security forces, civil services, salaries, Ministry of budget operations - that's a broad spectrum...They had a lot of things that they could tap into that oil money revenue stream dollars [DFI}. It wasn't in dinars. Things have changed now...They have a time crunch...Since the DFI has gone into the Iraqi2 Fund you're going to see big changes I'm excited to see...
Mawazine News-Baghdad Turkish sources confirmed that plans for a major operation to eliminate the PKK in northern Iraq are ready, and their implementation is expected to be discussed during President Recep Tayyip Erdogan’s visit to Baghdad on April 22.
The sources said that Ankara has completed the determination of the steps it will take to clear the line leading to Sulaymaniyah of the elements of the “Kurdan Workers”, and the designation of forces and support elements that will cross the border has begun, and the shipping of armored units, military and logistical elements has accelerated, and will be pushed to the border line after the Eid al-Fitr holiday. The Harriyet newspaper, which is close to the Turkish government, quoted sources it described as “informed”, that Ankara intends to deploy the Russian air defense system “S-400”, on its borders with Iraq within the framework of the large-scale operation targeting the “PKurdish Workers”, which will be conducted in coordination with Baghdad and Erbil, and the focus will beside the ground attack on thwarting attacks of terrorist organization (PKWK) elements with drones.
The Russian two-battery system, which Turkey acquired from Russia in the summer of 2019, raises a oddds with the United States and fears by NATO that a NATO member state could use the system that could expose Russia to its military systems.
Turkey has been subjected to US sanctions over the purchase of the Russian system, including preventing it from acquiring F-35 fighters, and has not yet been able to use them.
The newspaper reported that pro-Ankara Syrian armed opposition factions confirmed that they would provide all possible support for the upcoming Turkish operation in northern Iraq.
Through the operation, Turkey aims to eliminate the positions of the “PKK” within the borders of the military operation “Al-Mulab” area that has been ongoing since 2019, through ground operations with air attribution and the closure of the 378-kilometer border completely at a depth of 40 kilometers, like what is being worked on in northern Syria.
According to the sources, the border line including the Gara area known as the KKK caves and shelters will be reached to destroy it, and the area will be placed under the permanent control of the Turkish forces to prevent it from using it again.
The governments of Baghdad and Erbil are expected to provide intelligence support, and take action against the Kurdish workers in Sulaymaniyah and Sinjar.
Last month, a Turkish Defense Ministry official confirmed an agreement on cooperation with Iraqi officials on the establishment of a safe zone 40 kilometers deep in northern Iraq by the summer, President Recep Tayyip Erdogan announced.
He stated that during the high-level security meeting held in Baghdad on March 13, with the participation of foreign and defense ministers and heads of intelligence and security services, it was agreed to establish a joint operations center to coordinate movements against the Kurdistan Workers’ Party in northern Iraq.
He added that preparations are continuing to prepare the strategic framework document to be signed between the two countries during Erdogan’s visit to Baghdad, and that one of the issues that we want to include in this document is the establishment of the Joint Operations Center, and the technical details of the operation of the center will be determined after its signing.
Turkey is seeking to eliminate the presence of the Kurdistan Workers’ Party in northern Iraq, and to sever its link with the Kurdish People’s Protection Units, the largest component of the US-backed Syrian Democratic Forces (SDF) as part of the war on ISIS in cooperation with Baghdad.
In this context, a series of meetings were held that began with a high-level security meeting in Ankara on December 19, followed by mutual visits by foreign and defense ministers and intelligence and security officials of the two countries, as well as visits by Turkish officials to Erbil.
Turkey wants to launch a large-scale military operation to eliminate the presence of the “Kurdish workers” in northern Iraq in cooperation with Baghdad, which linked its participation in these efforts to cooperation in energy, water and transport files along with the development road project, which was welcomed by Ankara.
“Yesterday (Wed. 10 April) a Source indicated that the window to receive notification for Tier4b (us, the Internet Group) was between now andMon. 15 April.
A Bond Paymaster said that the Military would give the Green Light to the USA Treasury to release the email notification from Wells Fargo.
I think we can expect releaseovernight Sun. 14 April to Mon. morning 15 April.
We are hearingfrom top people at Wells Fargo that this is ready to go.
By Wednesday or Thursday 10, 11 Aprilwe should have the numbers and be able to act on them.
The word is tomorrow Wed. 10 April through Friday 12 April. There was a Conference Call on Sat.with all the Redemption Centers and they threatened everybody that anybody leaked any information – they’d call it treason from the people in the RC staff – then they backed away from that and what we are going to do is – keep you from receiving any commission so those doing the exchanges receive .025% and that will be removed from them.
I really think tomorrow or Thursday– and might be a CW Thursday and they are again waiting upon the Release codes from Treasury and I don’t think there is any reason for this to be delayed further.
We are also looking for Nesara and Gesarato kick in this month – wasn’t week one, we think increase in SS is still in April though but as far as anything else information is limited and we really have to wait and see what happens in the next couple of days.
Some people saying Friday and Mondaybut I think we really just have to wait and we are looking for everything to show up and us to move forward between now and Friday. Sources are drying up and all is quiet
Samir Al-Nusairi, advisor to the Association of Iraqi Private Banks, said that the seven decisions recently issued in implementation of the directive of Prime Minister Mohammed Shia Al-Sudani, on supporting our private banks confirm the government’s vision in its government platform and its strategy in line with the Central Bank’s strategy to reform the banking sector.
He explained that these decisions drew the executive procedures and support the comprehensive reform.
For the banking sector, which forms the basis and the real beginning of the completed economic reform, which included:
1- Monopoly prohibition in banking services
2- Activating the financing initiatives of the Central Bank
3- Increasing cooperation between private banks and the Central Bank in discussing decision-making related to supporting and developing banking work
4- Determining the contribution of foreign capital in Iraqi banks
5- Participation of government institutions and financing funds with private banks and expanding the opening of branches in countries
The other
6- Supporting the government and the Central Bank of private banks in offshore institutions and banks
7- Increasing reliance on private banks by the Iraqi state and activating the deposit of government deposits
And deposits of government banks with banks
The private
Al-Nusairi stressed that the implementation of the decisions, which came as a result of an in-depth study of the Ministerial Council for the Economy and the presence of the Central Bank of Iraq, the challenges facing private banks, especially after 28 private banks were exposed to the restrictions of the US Treasury by stopping its dealings in US dollars in foreign transfers, are practical applications to motivate private banks to develop their internal and external banking operations, which contributes to economic reform.
He pointed to the importance of discussing this important file to lift US restrictions on these banks during the visit of the Prime Minister and his accompanying delegation to Washington next week.
This file is certainly the focus of the concerns of the government, the Central Bank, the Association of Iraqi Private Banks and the banking sector in general, hoping that efforts will succeed in finding new balanced relations between the American side and our Iraqi delegation in the field of regulating and developing clear foundations for the parties in banking relations in accordance with international standards.
The upcoming visit by the Iraqi Prime minister to Washington DC is a significant event packed with potential and fraught with challenges. The meeting is expected to address a range of issues from the fight against the Islamic State...to Iraqi financial reforms... As the clock ticks down to April 15, the world watches with bated breath. Will this be the turning point that ushers in a new era of cooperation between the United States and Iraq? Time as they say will tell.
Zimbabwe has a new structured currency... People will have 21 days from Friday April 5th to exchange their currency for the new structured currency...[We] were always concerned Iraq would use this same process to eliminate the millions of Iraqi dinar banknotes outside the country. If this were Iraq and not Zimbabwe, you would only have 21 days to exchange the currency within Iraq.
Zimbabwe has a new structured currency...People will have 21 days from Friday April 5th to exchange their currency for the new structured currency...[We] were always concerned Iraq would use this same process to eliminate the millions of Iraqi dinar banknotes outside the country. If this were Iraq and not Zimbabwe, you would only have 21 days to exchange the currency within Iraq.
"RV UPDATE" BY SANDY INGRAM, 9 APRIL
Sandy Ingram
Iraq's prime minister will be in Washington, DC in less than 8 days to meet with President Biden.
The real effective exchange rate (REER) is a measure of the relative strength of a country's currency in relation to an index or basket of other major currencies. The REER is used to judge whether the country's currency is undervalued or overvalued or, ideally, fairly valued...
Nominal Effective Exchange Rate (NEER)...It is an index of the weighted average of bilateral exchange rates of home currency with respect to a basket of currencies of trading partners. An increase in NEER indicates an appreciation of the local currency against the weighted basket of currencies of its trading partners.
Iraq's top five export trading partners are India, with $38.8 billion, China with $34 billion, the United States with $10.3 billion, South Korea with 8.21 billion, and Greece with $6.27 billion. Based on Iraq's export partners the Iraqi dinar definitely could be worth more. However everything is speculative until the US and Iraq give the green light to float, revalue, reinstate or increase the value of the Iraqi dinar...This could happen overnight but it is unlikely.
