LATEST FROM WALKINGSTICK, 1 JULY

  Walkingstick  

[Iraqi bank friend Aki update]

 AKI:  It's about time.  

WAlKINGSTICK:  What he's telling us is it's about time to release the budget and the new exchange rate with the lower notes.  That's what he meant.

 Walkingstick 

 The ATM machines, they're all poised like centurions that are standing there.  These ATMs are guarding the lower notes.  It's time for all of this to come out now.  It's just the budget we are waiting for.  We're not waiting for any laws, we're not waiting for any new procedures.

---

Walkingstick

  Question: "Why haven't we had a new exchange rate?" 

 It's always the same answer, it's the corruption from Iran that steals from the auctions from the CBI...government through the political people that they have.

You can stop asking question about the budget.  It's all there.  Concerning the tripartite budget, everything...all the projects...cities, new exchange rate, lower notes, ATM machines, contracts, everything, it is all there...It is a fact...The GOI has the budget and they have the new exchange rate from the CBI.

---

 The Iraqi citizens are being given their education, not our education.  They are telling the Iraqi citizens what they need to hear at this moment in the monetary reform process...

 $4.9 billion for a pipeline in the budget...Didn't you say it was 6.5 billion dinars? 

 'Yeah.'  And you're saying it equals $4.9 billion? 'Yeah.'...

They told the world...6.5 billion IQDs is equivalent to $4.9 billion...6.5 divided by 4.9 it comes out to 1.32 or $0.76...You don't have to think anymore after this...That's billions to billions not trillions to millions.  That's a rate change...You're telling the world this.

--

[Iraqi bank friend]

 Aki in Dearborn...he's got one [new ATM machine like the ones delivered in Iraq].

They put these ATM machines out in order to put out the lower notes...These ATM machines will teach the citizens about the lower denoms and it will teach the bank employees about this as well too...There's going to be a stampede of people that will be rushing into the Iraqi dinars...These ATM machines are now being impregnated...

When they load or if they have loaded them up [new ATMs], the note count has already been determined.  The note count for each individual machine has already been accounted for...

These machines will be the state of the art...State of the art has nothing to do with a program rate.  If it was they would have had the state-or-the-art with the program rate for the last 20 years...The CBI is desperately trying to put out the least amount of currency at the onset before they release the new exchange rate.  Because once they do this, if needed, they will be able to add to this note count as the value is needed.

These ATM machines have the capability to recognize the lower denoms that are soon to be passed out to the citizens in order to add value to their currency and to go hand in hand with a new exchange rate of the lower notes...These ATM machines have the software for the lower notes.  

But does it have the lower notes in these ATM machines? 

 It is unknown...Since April there have been thousands of these ATMs being put out...FOR READ MORE: https://dinarevaluation.blogspot.com/2024/06/rv-update-by-walkingstick-19-june.html

Iraqi Dinar✅Finally Finally Iraqs Join WTO With New Exchange Rate | IQD ...

Oil Rises Significantly And Is Heading For Gains For The Third Week In A Row, 1 JULY

 Oil Rises Significantly And Is Heading For Gains For The Third Week In A Row

Saturday 29 June 2024 08:55 | Economic Number of readings: 206  Baghdad / NINA / Crude oil prices witnessed a noticeable rise during global market trading, and prices are heading to achieve gains for the third week in a row, supported by improved market sentiment regarding the possibility that American demand for crude oil will increase during the coming period, driven by strong economic growth data in the United States. United States (the largest consumer of crude oil in the world).

At the end of trading yesterday, Friday, spot contracts for Brent crude witnessed a jump of 0.34% and reached about $85.66 per barrel, and spot contracts for West Texas Intermediate crude also rose by 0.57% and recorded about $82.22 per barrel.

Crude oil prices received support that enhanced their rise during global market trading on Friday, after data received from the US Bureau of Economic Analysis yesterday showed that the final reading of the gross domestic product growth rate in the United States recorded a growth of 1.4% during the first quarter of this year, In the same quarter, the US GDP price index recorded a growth of about 3.1% during the first quarter, which reinforced market speculation about the possibility that US demand for crude oil would increase during the coming period, supporting oil price levels in the market.

In this regard, crude oil prices recorded a clear rise during market trading, amid the prevailing state of fear in the global market regarding the possibility that the crude oil market will be exposed to a large supply deficit during the coming period, especially after a Ukrainian plane caused a fire to break out in an oil tank for the Russian Druzhba pipeline.

(One of the largest parts of the Transneft system, which monopolizes Russian pipelines), in the Tambov region, southeast of Moscow, which led to a fire in a crude oil warehouse, which pushed oil prices to rise in the last week’s trading.

Also, crude oil prices rose significantly during trading, coinciding with the escalation of geopolitical tensions in the Middle East between Israel and Lebanese Hezbollah, with Hezbollah intensifying its attacks with missiles and drones in northern Israel during the past weeks, which increased pressure on the Israeli government, and led to... Escalating tensions in the region, which may extend to areas rich in crude oil, and this would enhance expectations of the possibility that the oil market will be exposed to a shortage of supplies, and lead to a rise in crude oil prices in the market.https://ninanews.com/Website/News/Details?key=1137691

"IRAQ BOOST ON THE GROUND REPORT" BY FIREFLY, 1 JULY

   [Iraq boots-on-the-ground report] 

 FIREFLY:

We are now hearing from our news on Channel One that Iraq has been fully accepted into the WTO.  This is going to be official...July the 18th.  FRANK:  To join the WTO Iraq does not need a currency with value.  No, that's not the point.  Iraq needs a currency that has no restrictions, no handcuffs, no limitations in order for it to float on an international market...whatever the case this is very good.

 FIREFLY:
The television is saying parliament committee is saying there is a new number in the budget.  They just admitted we have a new exchange rate and they say they want to be in charge of it, that they want to control, they want to put some votes...Saying the budget has numbers that will change and that's unconstitutional without another reading...It is a 15 day appeals process..

IRAQI DINAR ✅ GOOD NEWS FOR US CITIZEN |IRAQI DINAR NEWS TODAY 2024| IRA...

A Deputy Identifies The Positive Points In The Chinese Agreement.. “The Best For The Iraqi Economy.”, 1 JULY

 A Deputy Identifies The Positive Points In The Chinese Agreement.. “The Best For The Iraqi Economy.”

Posted On 06-29-2024 By Sotaliraq   Today, Saturday, Representative Rafiq Al-Salhi identified the positive points in the Baghdad-Beijing Agreement and its impact on the national economy.

Al-Salhi said in an interview, “No one disagrees on China’s economic dimension on the international stage at the present time, with its capabilities growing in all fields to become a major economic power on the global level.”

He added, “The economic agreement between Baghdad and Beijing is important for both parties and carries positive dimensions in terms of creating flexibility in the implementation of strategic projects by Chinese companies that are distinguished by their ability, high efficiency, and interaction with the situation in a positive way.”

He pointed out that "the Baghdad-Beijing agreement is the best for the national economy, and reviving its provisions will constitute another support in opening new economic horizons through development projects, especially with regard to the Grand Faw Port."

It is noteworthy that Iraq signed an economic agreement with China during the era of Abdul Mahdi’s government, but international pressure led to its postponement.  LINK

https://www.sotaliraq.com/2024/06/29/%d9%86%d8%a7%d8%a6%d8%a8-%d9%8a%d8%ad%d8%af%d8%af-%d8%a7%d9%84%d9%86%d9%82%d8%a7%d8%b7-%d8%a7%d9%84%d8%a7%d9%8a%d8%ac%d8%a7%d8%a8%d9%8a%d8%a9-%d9%81%d9%8a-%d8%a7%d9%84%d8%a7%d8%aa%d9%81%d8%a7%d9%82/#google_vignette

"RV UPDATE" BY FRANK26, 1 JULY

 Frank26 

 The ATM machines are like piñatas.  They're ready to burst wide open and give everybody their sweet blessings.  No doubt. 

  Question "Is it safe to give somebody at the bank your money before it's verified?"  NO! ...Take care of them.  Don't let them out of your sight...If you go to a bank and they say we're going to exchange the currency for you but we're going to have to take this currency and send it to the upper echelon bank...do a 180, about face, and run like the Road Runner.  Get away from them as fast as you can.  You never want to give up your dinars to anybody...Simply say, give me the address of that bank and you take them.

 Sudani...I honestly feel he has put everybody ...in checkmate...He put Kurdistan and Barzani in checkmate when he showed them the new exchange rate IMO.  He put all the contractors in checkmate ...when they rewrote [contracts] with the new exchange rate IMO...

Sudani has...all those involved in monetary reform in checkmate, even the United States of America, WTO, everybody is in checkmate...Look at all the excitement...pomp and circumstances pointing at Iraq from everybody... bowing to Iraq...You got the oil we want...The whole world knows Iraq are in control of them.