Friday, May 3, 2024
Specialist: Floating the dinar is economic suicide, 3 MAY
Specialist: Floating the dinar is economic suicide
Economist Muhammad Hashem Helou confirmed that the central bank cannot float the dinar exchange rate.
Helu said, "The Central Bank of Iraq cannot think about floating the exchange rate because it will abandon its only influential tool in light of the weakness and disruption of other economic tools."
He added that the exchange rate is the nominal stabilizer of monetary policy in Iraq, and thinking about abandoning it is economic suicide, and the bank cannot even think about that.
He continued, adding that floating the exchange rate in the presence of a parallel market and large speculators, and the presence of people who own billions of dinars and others who own billions of dollars, will lead to a sharp decline in the value of the currency, high levels of inflation, and rising prices link
"GET READY" BY WOLVERINE, 3 MAY
WOLVERINE
Thurs. 2 May Wolverine
“I just received great news from Brazil. It’s going to be the greatest transfer of wealth in the history of mankind. We will soon be crossing the finish line.
Get ready. A lot of things are happening. There are a lot of people under NDAs. My sources, which include the Central Bank of Brazil, say it’s looking good.
I have absolute faith we will have good news by Fri. 3 May. Everything is ready to go. Everyone is happy. I’m very confident that this is our week.”
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Mon. 29 April Wolverine: Beginning April 30, 2024
there will be a Market Reset in all Market sectors, including Forex. Everyone is ready. The Depository Trust Company has sent notice that Corporate notes or bonds, Crypto currencies, Bitcoin, or any asset in the future that is not backed by a commodity has a risk of decline in value (based on real-world assets) when the market resets to a new set of values that begins on Tues. 30 April.
Parliamentary Planning: Budget changes will include schedules only and will not change the exchange rate or oil, 3 MAY
Parliamentary Planning: Budget changes will include schedules only and will not change the exchange rate or oil
Agent Executive of the Parliamentary Arranging Panel, Muhammad Karim, affirmed today, Thursday, that the ongoing year’s financial plan will continue subsequent to finishing the progressions in its timetables for designations for governorate and services projects as it were.
Karim told , “The swapping scale, the barrel of oil, and the amount traded will continue as before as per what was demonstrated in last year’s spending plan, as the three sided financial plan endorsed by the Sudanese government and supported by the Place of Delegates permitted the public authority to make changes and revisions forced by Parliament after the parliament’s vote.”
He added, “The progressions to the timetables will incorporate activities of services and governorates as per the necessities of the taxpayer supported initiative.”
"GOTCHA!!!" BY FRANK26, 3 MAY
KTFA FRANK26: "GOTCHA!!!"...............F26
UN expert: We will soon announce the results of the investigation into the Speicher crime and who planned and carried it out
5/01/2024
Tibori said in her speech at the workshop held by the Alamein Institute for Postgraduate Studies and the UNITAD team, on cooperation between Iraq and the United Nations in criminal accountability, on Tuesday, that “the Speicher attack had ideological motives behind it and reflected the anti-Shiite ideologies in this crime of genocide and crime against humanity, even though they "Lay down your weapons and wear civilian clothes."
He stated, "The investigation included searching for who planned the Tikrit crime, who carried it out, who issued the orders, the number of participants in the crime, and the number of victims."
On November 29, 2023, the head of Baghdad/Al-Rusafa Criminal Courts, Judge Dhiyaa Al-Kinani, revealed that more than 3,000 students were martyred at the hands of ISIS for no fault other than that they were students who did not carry out their duties as members of the security forces.
He pointed out, “Most of the perpetrators of the crime were punished.” Among them are according to the law, in addition to the fact that all of these rulings have become final, and the remainder of these terrorists are being prosecuted locally and internationally, in addition to the issuance of judicial decisions seizing their movable and real estate assets, circulating arrest warrants against them throughout Iraq and the International Interpol, and preventing their travel.”
Coffee with MarkZ. 11/27/2024
MarkZ Update- Some highlights by PDK-Not verbatim MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take ...
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Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...