The dimensions of sanctions on Iraqi banks are the criterion for the success of Sudanese’s visit to Washington, 14 APRIL

The dimensions of sanctions on Iraqi banks are the criterion for the success of Sudanese’s visit to Washington 

Economist - The dimensions of sanctions on Iraqi banks are the criterion for the success of Sudaneses visit to WashingtonInformation/Exclusive:

Economic expert Ahmed Abdel said on Saturday that the success of Sudanese’s visit to Washington lies in removing US sanctions on Iraqi banks.

Abed said in a statement to Al-Maaloma Agency that “Sudani’s success in removing financial sanctions on Iraqi banks will be directly reflected in the economic sector,” noting that “the sanctions affect 34 Iraqi banks and removing them from them will make the difference between the official rate and the equivalent price of the US dollar very small.”

Abdel continued, “The Sudanese has the card of a stable security situation, as well as the investments that the country is witnessing, which are the largest since 2003, which make the Sudanese and his accompanying delegation a strong negotiator before the American side.”

Economists believe that the American policy being followed in Iraq plays on the security and economic issues in order to subject Baghdad to its agendas.

almaalomah.me

"THE CRYPTOCURRENCY RELATED TO THE NEW DIGITAL BANKING SYSTEM" BY GOLDILOCKS, 14 APRIL

 GOLDILOCKS

Anyone who does not believe that cryptocurrency has anything to do with the new Digital Banking System is in the Dark Ages. 

After next week, we are going to see massive adoption of Bitcoin ETF and Ethereum ETF beyond just the United States of America Markets.

The new drivers of the new economy are Bitcoin and Ethereum at this point, this does not mean they will hold that position over time. It just means they are the first movers. 

The liquidity that is about to come in the cryptocurrency market through this Bitcoin halving cannot be understated. 

We are witnessing our bridge into the new Digital Banking System. As I have stated before, this is the first RV we are currently and still moving into at this point. This is Phase 1. 

Phase 2 will encompass many changes to the Gold and Silver Markets going forward that will support and back our second RV. Our paper currency. 

Credit Valuation Adjustments will be taking place on every level of our new Financial System going forward. 

Remember, the new Financial system has many layers to it. Each layer stacks one on top of the other to support each other. The moment of truth is here. As one Financial System falls, the building blocks to the new Digital Economy are about to be tested.

This Bitcoin halving will make this asset scarce. The week ahead of us will have many volatile moments in digital assets ending in the culminating event of a halving for Bitcoin. You will hear many people refer to this week's events of turning our Digital Economy into Digital Gold.

© Goldilocks

PM Sudani Set for US Talks!🚩Future is the Dinar!🤔Iraq Dinar RV Updates |...

Al-Fateh: Al-Sudani’s bag carries with it the hopes of the Iraqis, 14 APRIL

 Al-Fateh: Al-Sudani’s bag carries with it the hopes of the Iraqis

4-13-2024

Al-Fateh - Al-Sudanis bag carries with it the hopes of the IraqisInformation / Exclusive..

Ali Al-Fatlawi, a member of the Al-Fatah Alliance, said today, Saturday, that Al-Sudani’s visit to Washington and talk about the issue of the Americans’ exit from Iraq represents the desire of all Iraqis.

Al-Fatlawi said in a statement to the “Al-Ma’louma” agency, “The Shiite house is the most important supporter of the Sudanese in his government and his decisions,” noting that “The Sudanese was able to succeed within the Iraqi political system, which in turn exported it abroad, which gives great hope to the Iraqis for success in these files.” .

He added, “The agreements between Sudanese and Biden on the issue of ending the American presence, even if they are concluded, may not last, due to the American elections and the possibility of Trump returning to power, especially since America does not have constants in such matters.”

It is noteworthy that only two days separate us from the Sudanese visit to Washington, carrying with him many files, the most important of which is the file of ending the American presence and the economic file. Will the Sudanese succeed?

almaalomah.me

"RV UPDATE" BY MARKZ, 14 APRIL

  MarkZ  

 [via PDK] 

 Community comment "Sudani looks to be coming to the US on the 15th..."  I think it more likely to happen toward the tail end of the 22nd to see our new rate.  But Iraqi contacts think Sudani is going to announce it in Iraq before he heads to the US on the 15th…. I hope they are right and I am wrong.

  Iraq now has full control of its funds and one of the requirements now that it has control of its funds...to pay back the United States. It cannot do that at a rate of 1310. But it can easily do it with a value change. I believe the next 10-11 days are going to be huge.

https://dinarevaluation.blogspot.com/2024/04/rv-update-by-markz-14-april.html

 [via PDK]  Iraq now has full control of its funds and one of the requirements now that it has control of its funds...to pay back the United States.  It cannot do that at a rate of 1310. But it can easily do it with a value change. I believe the next 10-11 days are going to be huge.

Question:  Where will redemption
centers be?  MarkZ:  I have been told this over and over that the majority of the US - 90% of us will have a RC within 50 miles of where we live.  The only people who may have a longer  drive are those in rural areas…low populations like the Dakotas and Wyo…They will not release exact locations before the event starts for security. 

 [via PDK]   I do have one Iraqi contact that is convinced we are in a day or two. I think he may be premature…but he is convinced it is this week. He does work in the Iraqi government so he may know more than I do. I am hoping he does. But I am keeping an eye on it.

  I heard there will be more activity from Redemption banks for later this month as they are getting some last minute instructions...  They even used the term “Last minute instructions” So I take that as a very good sign.  I am hopeful we are in the last few days or weeks at worse….

  Question:    Do you think things have started?  MarkZ:   After this week I have no doubts that things have started. And are well underway. I think we are in the rollout process right now.

https://dinarevaluation.blogspot.com/2024/04/rv-update-by-markz-11-april.html

Foreign anks enter to the market BY NADER FROM MID EAST

Central: 9.8 trillion dinars trading via electronic payment machines, 14 APRIL

 Central: 9.8 trillion dinars trading via electronic payment machines

The economy news _ Baghdad

The volume of financial movements through electronic payment devices increased during the past year to 9 trillion and 800 billion Iraqi dinars, according to the Information Technology and Payments Department of the Central Bank of Iraq.

The Director General of the Department, Adnan Asaad, said in an interview with Al-Sabah, followed by “Economy News”, that this rise is only evidence of the tendency of citizens and employees to use electronic payment, after it was 289 billion dinars in 2019.

He added that “the electronic levection project also rose to 108 billion and 7 million dinars during the past year, through one million and 46 thousand movements, after it was 3 billion and 35 million dinars during 2021.”

“The number of bank cards during the past year reached 18 million and 500 thousand cards, after it was 10 million and 500 thousand cards in 2019, while statistics showed the use of 558 government departments of electronic payment devices during the past year after it was only 12 departments in 2019.”

He added that “the total government e-collection since the activation of the decision of the Council of Ministers to publish electronic payment tools through 586 thousand and 868 movements amounted to 418 billion and 371 million dinars, while the total government e-collection last year from points of sale reached 287 thousand and 543 movements 408 billion and 277 million dinars, and stressed that “10 billion and 9 million dinars is the total collection from gas stations through 299 thousand and 325 movements.”

He added that “the value of using electronic payment last year in Iraqi currency through 15 million and 838 thousand movements amounted to 9 trillion, 661 billion and 503 million dinars, while the value of using electronic payment last year in the currency of dollars through 32 thousand and 842 movements of 11 million and 936 thousand dollars.”

https://economy-news.net/content.php?id=42431