"RV UPDATE" BY PAULETTE, 15 APRIL

 Paulette 

 Article quote:  "Two Iraqi and American sources said that Prime Minister Muhammad Shiaa Al-Sudani will spend a week in the United States, including discussions with President Joe Biden, and a tour of 3 states."  Will one State be Florida????  Mar-a-Lago???

IMO UN resolution 1483 will have to be lifted to allow Iraq to be totally sovereign as it established the US and UK as "occupying forces"...This is in essence "Guardianship" or "Receivership"...Absent the lifting, the US has to give Iraq permission to do most anything Internationally including "currency reinstatement"...I am hopeful that internal control of the money structure is exclusively in the hands of the CBI so they can at least move to the RD/RV stage of their monetary reform...If not, the upcoming US visit of Sudani may very well be pivotal... Saleh...recently stated he was unsure of the status of 1483 according to news articles...

This is clearly what the article said... They are weighing changing the rate from 1,320 dinars per dollar to 1.32 dinars per dollar.  This is clearly 76 cents to 1 IQD...Currently the rate is 1,320 IQD to 1 USD.   Looking it at the other way, this is 0.0007575 USD to 1 IQD.  If they drop 1 zero from the exchange rate: 132.0 IQD to 1 USD or 0.007575 USD to 1 IQD.  If they drop 2 zeros:  13.2 IQD to 1 USD or 0.07575 USD to 1 IQD.  If they drop 3 zeros:  1.32 IQD to 1 USD or .7575 USD to 1 IQD.  Therefore, 1.32 IQD to 1 USD is 76 cents to each IQD

...What we want to see posted on the CBI website as to how many IQD are required to purchase 1 USD is 1.00 or less.   If they post 3.22 IQD to 1 USD, this would mean 31 cents per 1 IQD. 

 We want them to post .31 IQD to 1 USD which is then 3.22 USD to 1 IQD.  Realize, they post how many IQD it takes to purchase 1 of another currency.

https://dinarevaluation.blogspot.com/2024/03/rv-update-by-paulette-14-march.html

  Community Comment:  "...The rate doesn't matter but "freedom of movement of capital" is important.  That is Article 8 compliance."  They cannot be Article 8 compliant if the country is functioning under a MCP.  A MCP [Multiple Currency Practices] includes a parallel rate of greater than 2% of the official rate by IMF definition.  Saleh said last year that the parallel rate is "REQUIRED" to be 2% or less of the official rate...This 2% or less needs to be maintained for a period of 90 days.  The parallel rate is still around 14% difference. 

 Question:  "I thought they met all the requirements [to join the WTO]?"  All the articles say they have legislation that needs to be passed and the next meeting is in the "middle of the year.

Question:  "When is Iraq supposed to be in the WTO?"  Not before they pass needed legislation, eliminate the MCP [Multiple Currency Practices] and are recognized as having accepted IMF Article 8 obligations.  Accession Committee next meeting with Iraq is planned for the "middle of the year".

https://dinarevaluation.blogspot.com/2024/03/rv-update-by-paulette-11-march.html

"RV UPDATE" BY CLARE, 15 APRIL

 Clare  

Article: "Al-Sudani: Meeting with Biden is an opportunity to put the two countries’ partnership on a new basis and expand relations"  

Quote: "Prime Minister Muhammad Shiaa Al-Sudani saw the meeting he will have with US President Joe Biden during his visit to Washington next Monday as an opportunity to put the US-Iraqi partnership on a new and more sustainable basis.”

Article "Bankers excited to meet the Treasury Al-Sudani will stay in America for a week.. A source from Baghdad and another from Washington reveal the agenda"  

Quote "The Iraqi government source confirmed to the 964 network that Al-Sudani will hold meetings with businessmen, and will be accompanied by Iraqi bank officials...The Sudanese visit lasts a week and includes 3 American states."

Iraqi dinar adjustment on last step against USD 🔥Iraqi Dinar rate lates...

Al-Sudani urges Bin Salman: Preventing regional escalation is vital, 15 APRIL

Al-Sudani urges Bin Salman: Preventing regional escalation is vital

Shafaq News/ On Sunday, Iraqi Prime Minister Mohammed Shia Al-Sudani informed Saudi Crown Prince Mohammed bin Salman of the necessity "to do more" to prevent escalation in the Middle East region following the Iranian attack on Israel.

According to the official Saudi Press Agency (SPA,) Crown Prince Mohammed bin Salman received a phone call from Iraqi Prime Minister Al-Sudani and discussed recent military escalation in the region and the danger of its repercussions on security and stability. 

Both sides stressed the importance of making necessary efforts to avoid escalation in the region.

Marking his first visit to the United States since assuming office in October 2022, the Iraqi PM headed on Saturday a high-level delegation on an official visit to discuss various issues of common interests.

A government source unveiled to Shafaq News Agency details of Al-Sudani's visit to Washington, which marks a diplomatic endeavor.

According to the source, the 5-day visit encompasses three states, Washington, Michigan, and Houston, "showcasing a comprehensive engagement with various sectors and stakeholders."

"Al-Sudani is scheduled to meet with key figures, including US President Joe Biden, Secretary of State Antony Blinken, and the Secretary of Defense, Lloyd Austin, at the Pentagon to delve into crucial bilateral matters." The source explained.

Additionally, Al-Sudani's itinerary includes sessions with representatives from US energy companies and engagements with the Iraqi community across the visited states "to foster deeper ties and explore avenues for collaboration beyond traditional diplomatic spheres."

Al-Sudani is accompanied by a delegation comprising government officials, parliamentarians, and business leaders. Notably, the source pointed out that the absence of a high-ranking Iraqi security official from the delegation highlighted a "strategic shift towards cooperation in other fields including economy and developmental agendas in the Iraq-US partnership."

"The visit is strategically aligned with Iraq's vision of expanding cooperation with the United States, particularly in economic domains outlined in the U.S.-Iraq Strategic Framework Agreement. Al-Sudani seeks to activate provisions across seven sectors in the Agreement."

The Strategic Framework Agreement guides overall political, economic, cultural, and security ties with Iraq. 

Initiatives like the Strategic Development Road Project, which has the potential to enhance regional connectivity and foster economic prosperity, will be central to discussions, said the source, "The delegation will also engage in talks regarding strategic gas projects and the ongoing dialogue concerning the Global Coalition's mission in Iraq."

https://shafaq.com/en/Iraq/Al-Sudani-urges-Bin-Salman-Preventing-regional-escalation-is-vital

"RV UPDATE" BY MNT GOAT, 15 APRIL

 Mnt Goat  

 the TRUTH finally coming out in the Iraq news. We don’t have to guess, it’s in all the news channels from Iraq now. Yes, the Iraqi dinar and the future revaluation of it is on the agenda for the April 15th visit of the Iraqi prime minister Al-Sudani to Washington, DC...The next stop is the in-country rate if all goes well that we should expect shortly after Al-Sudani’s return from Washington DC.  We then know the rest of the process and what happens next… We can almost see the finish line as the train is about to come around the bend.

Article Quote:  “Approximately 1,000 ATMs will be installed across all provinces,  districts, and areas of the Kurdistan Region of Iraq (KRG) by the end of 2024”  

We have been told years ago that the ATMs are  pivotal to the Project to Delete the Zeros... good news!

FRANK26….4-14-24……3Stops

"THE ONLY REASON THE WORLD IS HAVING A RELATIONSHIP WITH IRAQ... THE SUCCESS OF THE MONETARY REFORM" BY FRANK26, 15 APRIL

 KTFA

FRANK26:"THE ONLY REASON THE WORLD IS HAVING A RELATIONSHIP WITH IRAQ... THE SUCCESS OF THE  MONETARY REFORM"...........F26

Political analyst: Al-Sudani’s visit to Washington is a historic turning point in the essence of the Iraqi-American relationship

 

4/13/2024

Political analyst, Khaled Abdul-Ilah, considered the visit of Prime Minister Muhammad Shiaa al-Sudani to Washington a historic turning point in the essence of the Iraqi-American relationship.

Abdul Ilah said {to Al-Furat News}: “I expect this visit to be very important and will mark a historic turning point in the essence of the Iraqi-American relationship at all levels.”
He added, "The Sudanese government is talking about a new nature of relations based on activating the strategic framework agreement, especially its supreme committee, in a way that enhances important interests and creates a relationship between Iraq and the United States through strategic partnership, and this is the basic point that Al-Sudani stressed."

Abdul Ilah continued, "The stability of Iraq means the stability of the region, and this is something that the Americans realize. Iraq also called from day one to stop the aggression against Gaza and do justice to the Palestinians."
He added, "Iraq is focusing on the strategic agreement that has been stalled for 16 years, and Sudanese is strongly present to discuss all aspects of this agreement and activate it, even within the framework of economic partnerships."

 

LINK