Saturday, May 25, 2024

An economic expert calls on the government to extinguish private sector debt, 25 MAY

An economic expert calls on the government to extinguish private sector debt

Today, Thursday, the monetary master and previous consultant to the Committee of Clergymen, Bassem Antoine, approached the public authority to douse or defer the obligations owed by the confidential area to enact its movement.

Antoine told , “Enacting the confidential area will set out extraordinary work open doors for the jobless and will add to rejuvenating the monetary development in the nation, showing that what the public authority has designated to the confidential area in the ongoing year’s spending plan is a decent thought, however it won’t meet the desire.”

He added, “Actuating the confidential area is one of the public authority’s obligations by going to lengths and steps that add to resuscitating modern, monetary, rural and different undertakings that will add to renewing the country’s financial development and not spending hard monetary standards abroad to meet the prerequisites of the neighborhood market.”

He added, “The main advances that will add to reviving and initiating this significant area are going with choices to quench obligations or delay them for extensive stretches. This action will set out extraordinary work open doors and animate the monetary development in the country specifically.”

"TIDBITS OF MILITIAMAN AND MARKZ CHAT " FROM GINGER TELEGRAM ROOM, 25 MAY

 GINGER

MM: To me it’s no coincidence that Iraq has done all their different advancements  and that Sudani is going to launch his development road projects on May 30th. so Sudani was telling the world he was going to do something in the month of April – and he did it. 

MM he said in the past that the dinar was going to be stronger than the dollar. And , we are expecting that. 

MZ: and yesterday Sudani said they were starting the second phase of their economic reforms. 

MM: And at the bottom of an article yesterday he said they were about to strengthen the dinar. 

MZ: To strengthen the dinar is to add more purchasing power and be stronger than the dollar. For it to be stronger than the dollar it has to be worth more than a dollar. 

MM: yes. 

MZ: People want to know if they can drag this out until next year?

MM: We don’t know the timing. But, I don’t think we are even close to go that long. There is way too much going on in the world and this is not only about Iraq. Remember all boats rise with the tide. 

MZ: Things are finally getting tangible enough that I can be excited. 

MM: This is an amazing event that we are watching unfold.


Member: Thank you so much MM and Mark

Be sure to listen to the full replay for all of MilitiaMan’s information and opinions. 

MZ: This one is important. “Increased capacity in Iraq’s refineries “ They are coming up to speed to produce all of their domestic petroleum needs. $25-$30 millions of dollars worth of gas per day . This is gas for pumps and cars. They are ready to be an exporter of gas. This is new for Iraq and key for their economy. 

MZ:” Zimbabwe applies for ISO code for ZIG currency” To be international. I think this is a big one. 

Member: Okay all, Let’s Be Of The Highest Vibrations! The Universe is listening and will give you more of what you say! If you say you’re tired, you get more tired. The Universe Always Says Yes!!!

Member: Julie Green A turn around coming, per God's prophetic word. Says get ready!

Member: Thank you MarkZ for all you do for us to keep us informed and an early Happy Birthday to you

(MarkZ’s Birthday is tomorrow) 

Member: Mark so they tell me it’s your birthday so happy birthday darling May you live may you love May all your dreams come true Happy Birthday to you……God Bless

MZ: Thank you for the pre birthday wishes.

Iraqi Dinar✅Ready For Revaluatiuon Today 2024 / IQD RV / Iraqi dinar New...

Security and Defense Parliament talks about important laws that will be voted on soon, 25 MAY

 Security and Defense Parliament talks about important laws that will be voted on soon

Individual from the Parliamentary Security Council, Agent Yasser Iskandar, affirmed today, Friday, that deciding on the draft regulation on the Public Insight Administration will occur soon.

Iskandar told , “The Parliamentary Security and Protection Panel casted a ballot yesterday on the draft regulation on the Public Knowledge Administration and it was submitted to the Administration of the Chamber for consideration in its next meetings for the subsequent perusing.”

He added, “The board of trustees chose at its gathering to submit suggestions in regards to a proposed report for the principal revision to the Visa Regulation to the Committee Administration to introduce it for second perusing likewise inside the Chamber meetings.”

He brought up that “the second perusing of the two regulations will be introduced in the meetings of the Place of Delegates to propel them,” calling attention to that “the panel is proceeding to determine the remainder of the draft regulations introduced on the plan of its gatherings.”

It is important that the Parliamentary Security Board of trustees is chipping away at settling draft regulations for a few security administrations to finish their legitimate cover.

"RV UPDATE" BY SANDY INGRAM, 25 MAY

 Sandy Ingram 

 A [Community member] wrote and then deleted the following comment in response to...the results of the emergency budget meeting, 'The rate is still 1310 for the next budget year.  At least now everyone can shut down...until next year.'  Sandy Ingram:  No that is not true.  Things are happening in the Middle East, and they are happening fast. 

 Several members of the UN Security Council including Russia and china...backed Baghdad's request for the world body's political mission in Iraq to shut down by next year.  Washington did not immediately offer its support.

It is hard to believe Iraq did not have certain banking capabilities until now...We understand why my ex-husband a retired banker with the Federal Reserve Bank and his peers believed the dinar would not revalue.  It appears until Iraq updated its banking system the country could not participate in the global financial platforms...The bankers in the US never explained the reasons for their negative attitude towards the Iraqi dinar.

The IQD was not convertible to other currencies on global markets before the 2003 invasion...Rates, which were $3.21 IQD to 1 US dollar in July 2003 means little if the currency is not exchangeable on global markets...----People with education in economics say the Iraqi currency will be readily available for exchange in US banks...The question then becomes - 

 How long will it take US banks to recognize the currency after the initial increase in Iraq?  Oh, you believe it will all happen on the same day

 We would hope so, however this is unlikely... Savvy investors may have to travel for the exchange rate...If Iraq says the IQD is worth 1 USD to Iraqi dinar will you wait for the United States to say the same thing or will you travel to a bank that says the Iraqi dinar value equals $1? ... We hope the naysayer are right and we can all walk into our banks in the United States and exchange our IQD bank notes for US dollars

https://dinarevaluation.blogspot.com/2024/05/rv-update-by-sandy-ingram-13-may.html

 The World Bank is working with the Iraqi Finance Minister to implement banking reform as quickly as possible...things are happening fast.

Shocking documents from Iraq's Federal Board of Supreme Audit have uncovered a massive corruption scheme.  Over 151,000 citizens were involved in the illicit buying of US currency...[They] obtained dollars at the official state rate for travel purposes but never left the country.  The black market refers to them as "ghost travelers". 

 [We] are thinking the Iraqis sold the dollars for more money than they invested.  As a result of the corruption Iraq's Central Bank employees, private banks, currency exchange companies and tourism firms were all involved.  This is a $600 million corruption scam involving the US dollar... 

When in Washington, DC he [Al-Sudani] met with the chair of the governing board of the JP Morgan Development Finance Institution (DFI), Daniel Zelikow.  Prime Minister Al-Sudani received Mr. Jamie Dimon, the CEO of JPMorgan Chase, and his accompanying delegation on Wednesday during his visit...In Davos, Iraqi Prim Minister al-Sudani with Mr. Khaled Haballah, the regional CEO of JPMorgan Chase for the Middle East and North Africa...

 Al-Sudani met with the Iraqi community in Washington DC and other American states on the sidelines of his official visit to the United States.  Al-Sudani conveyed gratitude to the Iraqi communities in the US and throughout the world, emphasizing that Iraq is for all Iraqis and that the country needs the knowledge, experiences, opportunities and initiatives of Iraqis in the U.S. 

 The prime minister indicated the Iraqi government is working on establishing a department for expatriate affairs to be able to communicate effectively with the Iraqi community around the world...

On April 15th President Joe Biden will hold Prime Minister Al-Sudani of Iraq at the White House.  This meeting is a crucial opportunity for the United States and Iraq to discuss common priorities and strengthen their bilateral partnership.

https://dinarevaluation.blogspot.com/2024/04/rv-update-by-sandy-ingram-17-april.html

Al-Sudani met with the Iraqi community in Washington DC and other American states on the sidelines of his official visit to the United States.  Al-Sudani conveyed gratitude to the Iraqi communities in the US and throughout the world, emphasizing that Iraq is for all Iraqis and that the country needs the knowledge, experiences, opportunities and initiatives of Iraqis in the U.S. 

 The prime minister indicated the Iraqi government is working on establishing a department for expatriate affairs to be able to communicate effectively with the Iraqi community around the world...

On April 15th President Joe Biden will hold Prime Minister Al-Sudani of Iraq at the White House.  This meeting is a crucial opportunity for the United States and Iraq to discuss common priorities and strengthen their bilateral partnership.

https://dinarevaluation.blogspot.com/2024/04/rv-update-by-sandy-ingram-17-april.html

Iraqi Dinar News LET"S GO THE RECOVERY OF THE IRAQI DINAR, IMF Rprt, Sto...BY CHELLA

First Carbon Exchange Franchise in Iraq, 25 MAY

First Carbon Exchange Franchise in Iraq

Capturiant, which depicts itself as “the world’s most memorable energy-determined carbon credit and natural resource authenticator, library, and directed trade”, has reported its most memorable Center Eastern establishment in Iraq, in organization with Sharp Brain Worldwide Endeavors Inc., a Canada-based organization with a branch in Iraq.

As per an official statement from Capturiant:

This organization denotes a critical stage in extending admittance to open-access conditions for the buy, deal, exchanging, and retirement of excellent carbon credits and other ecological resources.

Capturiant [a auxiliary of Entoro LLC] works on a managed private-area model to give normalized philosophies, quick handling, and cheaper administrations to a wasteful, nontransparent, and obsolete industry. Capturiant’s monetarily directed staff is conversant in protections, banking, care, valuation, products, and digitalization. With this range of abilities, Capturiant is upgrading the organization and hazard the board of carbon credits and other ESG instruments.

Sharp Mind Global Ventures Inc. works with a variety of private and public sector clients to develop carbon neutrality strategies, assist them in successfully overcoming regulatory obstacles, and locate globally influential carbon credit projects. Sharp Psyche is additionally in association with different US and European firms to lead decarbonization endeavors in the Kurdistan district and Iraq.

Maziar Rajabi, Director and Organizer behind Sharp Brain Worldwide Endeavors, expressed that:

“Capturiant stands separated from different vaults and trades in its devotion to administrative consistence and private-area the board.”

He likewise noticed that Capturiant is remarkable in its accentuation on designed arrangements past conventional nature-based carbon credit projects.

James C. Column, Pioneer and Chief of Capturiant, said:

“We are excited to expand investment opportunities in Iraqi carbon credit projects by collaborating with the knowledgeable and experienced team at Sharp Mind Global Ventures.”

The following is the press release:

“Capturiant and Sharp Psyche Worldwide Endeavors Inc. are ready to make a change in perspective in the carbon credit industry in Iraq, a country progressively underscoring manageable and harmless to the ecosystem rehearses. This cooperation will give Iraqi substances unmatched admittance to a different scope of ecological resources through Capturiant’s high level stage, encouraging a more manageable future in one of the Center East’s most unique economies. The foundation of this establishment is only the start, with the proceeded with development of Capturiant’s worldwide impression to happen before very long.”