Wednesday, July 10, 2024

LATEST FROM BUCKEYETREE, 10 JULY

 Buckeyetree 

 "The dollar system is a thing of the past."  Sudani a while back told Iraqis to keep your dinars because the dinar will be stronger than the US dollar, that is, more valuable.  IMO, so many will be affected in a good way from the reinstatement except for Iran and the politicians, no more stealing via the auctions which is a good reason not to delay further. IMO, the new lower notes with security features will be very pretty.

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BuckeyeTree

IMO, not only Iraq and Iraqis need their new exchange rate, but the world needs for Iraq to activate the new exchange rate with not only the amount of business currently contracted but additional business yet to contract. Business will benefit Iraq and those companies, and the countries connected with them will benefit. There are many inter-connections.

Sudani was talking about Iraq and sports interests which will bring more tourism and internationalism because Iraq has security and stability. It is an exciting time for renewal and becoming part of the First World for Iraq and Iraqis.

Therefore, IMO, the phrase at any moment fits even if it may be days away, but difficult to imagine the wait being weeks or months, not with new ATMs out in place and many of them. If the educational videos were made end of April just after US trip, the near proximal future seems to be not too far off, IMO, and July is almost here.

We have the Liberty Bell in Philadelphia engraved with words from the Bible which include "Proclaim liberty throughout the Land and to all the inhabitants thereof." The upcoming period IMO will be a time of great prosperity and freedom from terror for Iraqi people. We wait to hear what is next on Iraq TV from Eddie plus bank friend. We will celebrate when the mission is accomplished. Can you imagine the celebration that will be in Iraq. IMO……Praise God.

https://dinarevaluation.blogspot.com/2024/06/the-world-need-for-iraq-to-activate-new.html

Jon Dowling & Gregory Mannarino Discuss Trump The Bitcoin President

CBI pushes for Regulation of E-Commerce in Iraq

 A meeting on the regulation of e-commerce in Iraq was presided over by Ali Mohsen Al-Alaq, Governor of the Central Bank of Iraq (CBI), with participation from relevant authorities.

The meeting focused on registration procedures and obtaining licenses for e-commerce activities as topics of control and consumer protection.

Through the use of an electronic platform that will be developed by the Ministry of Commerce, the committee defined service providers and established a licensing procedure. Council individuals accentuated the significance of permitting guidelines to shield all gatherings associated with internet business.

The participants agreed to send the regulatory framework to the Cabinet for approval.

LATEST OF RAYREN98, 10 JULY

 RayRen98

  IT IS BEING REPORTED THAT AN "ATTEMPT TO RELEASE" WAS UNSUCCESSFUL EARLIER TODAY... STANDBY...WHEN WE HEAR MORE, SO SHALL YOU.

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NOTICE: ALL SYSTEMS ARE "GO" FOR TODAY...LET'S SEE WHAT HAPPENS. TIME WILL TELL...SOME BANKS SAW "PENDING" RATES ON WEDNESDAY.

"US BANK STAFFERS HAVE RECEIVED MEMOS INDICATING TO BE PREPARED AN INFLUX OF CUSTOMERS HAPPENING SOON"

3 LTRS ARE BACK AT IT AGAIN... EXPECTING SOME "IMMEDIATE ACTION" IN 24 HOURS! TIME WILL TELL...I'M EXPECTING THE "REST" OF MY MIRACLE...TUESDAY NITE NOW!

[via Babysmom]

  ...BANKS EXPECTING TO SEE RATES LIVE AFTER FOREX OPENS AT 5:00 P.M. EASTERN...

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PAST POSTS OF RAYREN98

  "ACROSS THE POND" FOLKS ARE CLAIMING WTO ASCENSION & AN INTERNATIONAL CURRENCY.  SOME 3-LTRS ARE STARTING TO CONFIRM AND ACKNOWLEDGE.  TIME WILL TELL

SO, SOME AGREEMENTS WERE MET LAST NIGHT....LET'S SEE WHERE THAT TAKES US FOR LATER TODAY?

 [via Babysmom]  "EAST COAST BANK CONTACTS ARE "VERY EXCITED" AND ANTICIPATE INITIATING EXCHANGES EITHER LATE TONIGHT OR EARLY IN THE MORNING. TIME WILL TELL...

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 EVEN THOUGH I DON'T SEE IT YET...THEY ARE TELLING US "IT'S DONE"...THIS HERE "RIDE" IS FINALLY COMING TO AN END...HOPEFULLY TODAY. 

 [via Vinterv]   3 LTR'S [3 LETTER AGENCIES] ARE ON A 24-HOUR WATCH...

♪♫•*¨*•.¸¸❤¸¸.•*¨•*♫♪ I'm so excited, and I just can't hide it. I know, I know, I know I see a RATE CHANGE! A SHO-NUFF "RATE CHANGE" ! ♪♫•*¨*•.¸¸❤¸¸.•*¨•*♫♪  Sooner THAN later ♫♪♫♪♫  I GOT A FEELIN ...TONIGHT'S GONNA BE A GOOD NIGHT ♫♪♫♪♫ times 3...    

GOOD SOURCES INFORM THAT THEY ARE ATTEMPTING TO PUSH IT OUT "BEFORE" THE END OF THE MONTH...

https://dinarevaluation.blogspot.com/2024/03/rv-update-by-rayren98-3-march.html

Evening News with MarkZ. 07/09/2024

Economic: Stopping Trading In The Yuan Caused The Dollar To Rise

Today 19:59  Information/private..  Today, Tuesday, economic expert, Diaa Mohsen, explained the most important reasons for the rise in dollar prices in Iraq, while confirming that the exchange rate has not reached 160.

 Mohsen said in a statement to the Al-Ma’louma Agency,   “The Central Bank of Iraq’s blunders and its bad management in this file raised the price of the dollar against the Iraqi dinar,” noting that

“stopping remittances in the Chinese yuan, whose trade price amounts to 53 billion dollars, had a great impact.”  He continued, "The volume of trade with China is large, and dealing in dollars cannot be done according to American dictates," pointing out that  "limiting the sale of dollars inside Iraqi airports is a wrong decision and a major cause of the dollar crisis."

 It is noteworthy that dollar prices rose during the past week, after the Central Bank’s decisions to sell dollars at airports and stop transactions with Chinese remittances, until it reached 151 thousand dinars, compared to 100 dollars.

 https://almaalomah.me/news/69858/economy/اقتصادي:-إيقاف-التعامل-باليوان-تسبب-بارتفاع-الدولار

LATEST FROM CLARE, 10 JULY

 Clare 

 Article: "Iraq is the fifth largest economy in the Arab world and the 52nd largest economy in the world" Quote: "The magazine indicated that Iraq ranks fifth in the Arab world after Saudi Arabia, the Emirates, Egypt and Algeria." 

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Article:  "World Bank: Iraq maintains its status within the upper middle-income category"  Quote: "The bank added that it classifies the world's economies into four income groups: low-income countries, lower-middle-income countries, upper-middle-income countries, and high-income countries, based on per capita gross national income. The measures of gross national income are expressed in US dollars. "

Clare  

Question: "Iraq is supposed to join the WTO this 18th of July, is that correct? 

IT WAS REPORTED ON IRAQI TV...THAT IRAQ WILL BE FULL MEMBERS  OF THE WTO JULY 18TH.

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 Clare  

Article: "Dinar Explainer 1: Why Iraq has Two Exchange Rates

Quote:  "On a recent webinar organized by the Iraq Britain Business Council (IBBC), Professor Frank Gunter of Lehigh University explained the causes and effects of Iraq's dual exchange rate.. ."

 1.  Excessive Demand for US Dollars Internationally:...  2. Internal Demand for Dollars...  3. De-Dollarization Efforts by the New York Fed:  The New York Federal Reserve has restricted dollar transfers to reduce dollar flows to Iran and Syria. They have also excluded over two dozen Iraqi banks from transactions, which has increased the complexity and demand for dollars in Iraq.

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Clare  

Article:   "The President of the Republic approves a number of laws, including the 2024 budget schedules"  

Quote:  “The President of the Republic, Abdul Latif Jamal Rashid, ratified a number of draft laws, which are the schedules of the Federal General Budget Law for the year 2024...The laws were sent after their approval by the President of the Republic for publication in the Iraqi newspaper Al-Waqae' to enter into force."

 Article:  "Parliamentary law challenges the '2024 budget tables' and the federal government is waiting for an answer within 15 days

  Quote: "the appeal was submitted “on the pretext that the numbers mentioned in the budget items will change, and thus this is considered a change to the law and requires the implementation of a new law with a first and Second reading, and final approval.

https://dinarevaluation.blogspot.com/2024/06/analysis-of-iraq-news-by-clare-28-june.html

MAJEED: " Dec 1 Bonds will be live and can’t be auctioned without the new rate …Impossible " , 27 NOV

 MAJEED Dec 1 Bonds will be live and can’t be auctioned without the new rate …Impossible  IQD has no value imagine them reducing 2% interest...