Thursday, April 18, 2024

Finance Committee: Great Satisfaction With The Results Of The Prime Minister’s Discussions In Washington, 18 APRIL

 Finance Committee: Great Satisfaction With The Results Of The Prime Minister’s Discussions In Washington

 Political    Yesterday, 12:24   Baghdad – INA   The Parliamentary Finance Committee announced today, Wednesday, its great satisfaction with the results of the Prime Minister’s discussions in Washington.

 The head of the Parliamentary Finance Committee, Atwan Al-Atwani, said in a statement received by the Iraqi News Agency (INA):

 “We are following with great satisfaction the results of the discussions of the Iraqi delegation currently visiting Washington, headed by Prime Minister Muhammad Shiaa Al-Sudani.” Al-Atwani affirmed his

 "full support for the positive understandings that resulted from the Sudanese meeting with the American President within the framework of the shift in the relationship between the two countries from the security and military aspects to the areas of development, reconstruction, economy and investment."  Al-Atwani welcomed

 "the US President’s announcement of the United States’ commitment to supporting Iraq to reform and develop its financial and banking system and paving the way for Iraqi banks licensed to deal directly with approved international correspondent banks, in a way that contributes to linking Iraq to the international economic system."  Al-Atwani pointed out,

"We are all confident and proud of the Iraqi negotiating delegation," expressing his hope that "these discussions will be a new beginning to achieve a true partnership between the two countries in various political, security, and economic fields in a way that achieves well-being, prosperity, and stability for our country."     https://www.ina.iq/207013--.html    

Bruce’s Big Call Dinar , 18 APRIL

Bruce’s Big Call Dinar Intel Tuesday Night 4-9-24
REPLAY LINK Intel Begins 58:48
https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHYG0

Transcribed by WiserNow

Welcome, everybody to the big call tonight  –  it is Tuesday, April 16th and you’re listening to the big call. Thanks for tuning in. We’re glad that you’re here, glad that we’re here and we’re able to bring you the call tonight.

All right, Let’s talk about where we are and where at least we believe we are – This was a little bit of a strange last four or five days since the last big call Thursday, because we obtained a little bit of information. But generally speaking, a lot of the sources are very quiet. We don’t have the normal, or what was the normal flow of information.

Typically, that means they’re under new NDA’s . They’ve been asked not to share  0 not to leak information, but let’s put that aside and let you know what we are hearing. What we are hearing is that the bondholders have not received their email  and that we have not received ours yet.

They are being told that they should receive their emails which should at least tell them where they have liquidity, if not give them liquidity tomorrow  –  Where we thought we might get notification this morning, or afternoon today did not happen. But the bondholders are looking forward to getting notified

Now when they get that email, more than likely we  here in tier 4A and B would receive our emails as well. So they’re not going to be that far ahead of us. If they get it. We should be getting ours as well. 

Now, we did a piece of information from someone in the admirals group that spoke to Admiral Bob and was told by him that this individual would have money in his account tomorrow, Wednesday. – we hope that’s the case for that individual in the admirals group.  But it also ends well for us, if basically the admirals group  that was really what we  call  tier 4A – and we are tier 4B the internet group.

 If they do have money found in their account tomorrow. We should also at least get notifications to set up our appointments.


One of the one of the banks that happens to be – it’s a national bank  but not one of the top four or five banks  – they said to us yesterday  that they expected our  exchange to start Wednesday or Thursday, Thursday. That may be the case –

Beyond that we know that we know that Iraq  is doing some things in the US. – And meeting here for some idea exchanges and other types of exchanges here. I think they’re  really getting ready for this – to be known internationally – their reason for this session, my way of thinking the rate on the dinar has not been put out internationally  yet for everyone to know  what that is – but we know that rates are on the screens – all of them  – They’ve been trading upwards, we know that the contract rate on the dinar is still very high and we know that the dong rate isalso moving up in a good direction

And we know that is sometimes hard to get access to  – it looks very good

And the zim is still trading over one dollar , and that’s great, but we’re all gonna be  content its just on par with the USN dollar  Beyond that  Looking forward to this manifesting – we don’t have concrete evidence of it going

But we know that their plan is to get out of it come to us. We all thought maybe something would happen on the 15th That was yesterday. Did not get it – did not receive anything in the way of notifications yet today. I think we can write today off but tonight overnight tonight. Bond holders may get those emails, and we could possibly be one parallel at this point the information that we aare looking  for is a little bit – far and few between

 We have to go is sort of gear ourselves to what we’re hearing about.  The admirals  group – what we’re hearing about the bond holders  – occasionally a bank  weigh in  with what they’re believe the start is going  to be  – like I said which was  tomorrow or  Thursday, but it’s just gonna happen when it happens  you guys.

And it’s like Sue said  we could be basing our entire lives  on this going. I know for a lot of us, we are looking forward to it, including me, I’m not going to kid you -I’m looking forward to it and everything that will follow the RV –

So we’re just going to have to keep our patience level high  and we’re gonna have to track this and just seeif something happens for  us tomorrow

I think there’s a very good possibility of it, But again, to get absolute concrete information. That’s not what Treasury wants. it’s not what the banks want for us. it will happen when it happens. And whereas that’s sort of tough to take sometimes it’s just gonna make us that much stronger when it does come. So, that’s all I’m gonna say tonight  in the way of  information.

So let’s pray the call out. Let’s see where tomorrow takes us .


Markets Are 'Breaking'; Gareth Soloway Updates Outlook For Bitcoin, Stoc...

Prime Minister: It Is Not Possible To Work In Any Development Sector Without Reform Steps For The Banking Sector, 18 APRIL

 Prime Minister: It Is Not Possible To Work In Any Development Sector Without Reform Steps For The Banking Sector

 Wednesday 17, April 2024 19:34 | Political     Number of readings: 381  Baghdad / NINA / Prime Minister Muhammad Shiaa Al-Sudani confirmed today, Wednesday, that

it is not possible to work in any development sector without reform steps for the banking sector.

A statement from his media office stated that Al-Sudani received at his residence in the American capital, Washington, this evening, Wednesday, (Baghdad time), the President of JP Morgan Bank, Masha Klovksi, and his accompanying delegation.

 During the meeting, according to the statement, the   government’s efforts to implement reforms were discussed. Finance and banking, in light of the path it is pursuing towards improving the economic situation and achieving development, in addition to discussing the

government’s measures to develop the government banking sector, through its contracts with major international consulting companies specialized in banking reform, and

encouraging private banks to open accounts with foreign banks to become banks Correspondent, according to a plan aimed at dispensing with the electronic platform at the end of this year.”

Al-Sudani stressed, according to the statement,

      that it is not possible to work in any development sector without reform steps for the banking sector, and the

      necessity of continuing the dialogue with the US Treasury, the US Federal Reserve, the International Monetary Fund, and other international financial institutions.

For his part, Klovsky praised the efforts of the Iraqi government in Activating, developing and qualifying government and private banks, and their procedures in the field of providing assistance to private Iraqi banks, stressing his support for the activities of the Iraq Fund for Development and its readiness to provide expertise and assistance in the field of training, cooperation and partnership.” /End 2

 https://ninanews.com/Website/News/Details?key=1121694     

"ABOUT THE SOVEREIGNITY OF IRAQ" BY FREEDOM FIGHTER, 18 APRIL

 Freedom Fighter ©


🟢PM Sudani and his delegation met with the U.S. Treasury today. More details of the outcomes will be revealed in the coming days

Freedom Fighter ©


💥It’s important for the international coalition forces to leave Iraq so they can have their sovereignty. It’s essential to their independence and freedom.


❌Biden using a cheat sheet in meeting with Iraq PM


⚠️Still think Joe is in charge❓


✅The most important meetings are the ones we don’t see


❇️The Agreement between the U.S. and Iraq needs to be activated it’s called the ….💥STRATEGIC FRAMEWORK AGREEMENT 💥


https://nypost.com/2024/04/15/us-news/biden-cheat-sheet-for-iraq-pm-meeting-caught-on-camera-including-instructions-to-pause/amp/

Jon Dowling & Andy Schecthman Discuss Precious Metals With Miles Franklin

Parliamentary Finance Calls For “Confining The Dinar In The Hands Of The State”, 18 APRIL

 Parliamentary Finance Calls For “Confining The Dinar In The Hands Of The State”

Politics     Parliamentary Finance     Iraqi dinar  2024-04-17 05:36  Shafaq News/ The Parliamentary Finance Committee pointed out, on Wednesday, the problem of the lack of cash “Iraqi dinar,” calling for “confining the dinar to the state.”

 Committee member Hussein Moanis told Shafaq News Agency,

 “The House of Representatives voted on the tripartite budget law and required the government to send the schedules for approval,” indicating that

 “the delay in sending the schedules to Parliament did not affect the operational budget.” He pointed out that "there is no specific date for approving the budget schedules in the Council of Ministers and sending them to the House of Representatives," indicating "a real problem with the lack of cash (the Iraqi dinar)." 

He pointed out that  "the Parliamentary Finance Committee is working to develop specific methods to process and provide cash and confine it to the state through   

     adopting the electronic card,

      strengthening the work of banks, and

     presenting documents to achieve cash abundance in the market." Mu'nis concluded by saying,

"There is no trust between the banking system and the citizen, and the lack of trust has caused the cash currency (the Iraqi dinar) to be stored in the homes of citizens, which has caused it to be lost and not naturally available in the market."

A member of the Parliamentary Finance Committee, Moeen Al-Kadhimi, said on March 27, 2024, that the Iraqi government raised the total amount of the budget law from 199 trillion dinars to 228 trillion dinars in the 2024 budget.

While a member of the Parliamentary Finance Committee, Mustafa Al-Karaawi, said in an interview with Shafaq News Agency on February 27, 2024, that Finance Minister Taif Sami informed the members of the committee during her hosting, yesterday, Monday, of the imminent sending of the budget law schedules to the House of Representatives.    https://shafaq.com/ar/سیاسة/المالية-النيابية-تدعو-لـ-حصر-الدينار-بيد-الدولة