Tuesday, July 16, 2024

Economist: America Has Begun To Abandon Iraq

 Money  and business Economic expert, Jalil Al-Lami, confirmed that America has begun to gradually abandon Iraq by restricting the use of the dollar and abandoning the purchase of Iraqi oil.

Al-Lami said that America decided to buy oil from Canada instead of Iraq, and also to restrict the use of the dollar, which are messages to the Iraqi government.

He added that the Iraqi government sent a delegation to settle the issues with America and end the dollar restriction.  825 views 2024/07/16 - https://economy-news.net/content.php?id=45274  


💢 Positive developments for Iraq. 7.15.24

  ðŸ’¢ Positive developments for Iraq. 7.15.24


USA detaching itself from Iraq is a good thing. Iraq will not depend on USD for international transactions, and they will use their own IQD for all international trade and commerce after raising their international rate of exchange within their monetary reform. 


💢 We're hoping that once their accession to the WTO occurs on July 18, that they will quickly change their rate. But wouldn't it be amazing IF they did that beforehand, too? 


💢 Anywho, there's got to be good news on the horizon soon. And Iraq pulling away from America's purse strings is a really good thing - any way you look at it. 


~ Ginger of the Liberty Lounge

💥IRAQI DINAR HOT WEEK SUMMARY💥 #iraqidinar #dinar #centralbankofiraq #pr...

Parliamentary Finance Committee Comments On US Decision To Stop Iraq's Transactions In Chinese Yuan

 Posted On2024-07-16 By Sotaliraq  Member of the Parliamentary Finance Committee, MP Moeen Al-Kadhimi, described today, Tuesday, the decision of the US Federal Reserve to stop transfers in Chinese yuan as “arbitrary” against the Iraqi economy.

[size=45]Al-Kadhimi said in a statement, "The decision to stop transfers in the Chinese yuan was issued by the US Federal Reserve, claiming that there were suspicions about some transfers in the Chinese yuan."

[size=45]He pointed out that "the Central Bank of Iraq has contracted with an international company to evaluate and monitor transfers, and this company is a source of acceptance and trust for the US Federal Reserve."

He pointed out that "after a short period, the Central Bank of Iraq will resume transferring remittances in Chinese yuan to Iraqi traders in general," indicating that "these measures of the US Federal Reserve are considered arbitrary against Iraq and its national economy."

The Central Bank of Iraq stopped dealing in the Chinese yuan after the US Federal Reserve accused Iraq of “inflating remittances.”

During the current period, America has worked to destroy the Iraqi currency by imposing sanctions on private banks and preventing the dollar under many pretexts, which in one way or another led to a severe financial crisis in local markets. LINK

"RV UPDATE" BY ARIEL, , 16 JULY

 ARIEL

@Prolotario1



(Image)-Speculation


 ■ Monday, July 15, is noted as the end of a potential scare event. This suggests that the primary phase of the operation concludes on this date. 


■ Tuesday July 16, indicates a "Lockdown" phase. This could mean an actual lockdown or a period of intense security and control to manage the aftermath of the scare event.


 ■ The lockdown phase is set to end on July 25. This period might be used for consolidation, assessment, and preparation for subsequent actions.


 ■ July 25th This may indicate a time of unexpected gifts or surprises. In this context, it could mean a major revelation or positive outcome resulting from the operation, celebrated as a significant victory.


 Will things pan out in this order? We shall soon find out. Qoute "I stand to protect spring but fall you are rebelling or is it possibly the spirit of God will cause many to fall in Fall?  There is a tumultuous rendering that is coming. I shall take it for the summer and bring forth much in the temperatures... strange July, strange July... hypnotic November and Oh Christmas! End qoute. ~Kim Clement



Turkey aims to become ful...

Coffee with MarkZ. 07/16/2024


MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Another day and another dollar I hope!

Member: Is this another Groundhog day- or something better??

Member: Exciting news last night about a possible Iraq RI ASAP…hope its true.

Member: MARKZ if Iraq does a RI, will we be able to redeem at the bank? Knowing of course the money will be fiat at this point.


MZ: I should have mentioned last night that this is an RI- with an adjustment for inflation. The original RI rate was around $3.22….I did not qualify that last night. 

MZ: Lets dive into the news.  Some of the Zim charity platforms may go first – is what I am suddenly hearing. Maybe even before some of the Historic bonds. So I am hearing positive things for those who aggregated Zim for humanitarian reasons. 

MZ: That being said…..I heard that the initial releases of money are being pushed very hard for humanitarians. That is the priority  I have heard. But this does not mean there is a delay for us currency holders. Just that humanitarian projects are the priority.  I am getting that from bunches of sources. 

MZ: I have also had a number of sources from groups reach out over the last 12-14 hours that if we have projects to submit- be sure to get those dusted off and prepared and ready. 

Member: I wonder- Can we still pick from a list for projects at our exchange ???

Member:  I have also heard you can choose from projects they have…if we want to. 

MZ: I have heard that – I have also heard we will be given access to those choices when we set our appointments so we are prepared when we get there. 

Member: So many things in this world need help. Fresh water, new recycling technologies, Foster kids, Clean the oceans, Homelessness, our Veterans,, pollution  ect…..it may be a big list. 

Member: RayRen says the 3 Letter Agencies are on high alert over the next 24 hours..

MZ: And we have officially spotted an Iraqi delegation in Geneva with the World Trade organization. They are working on the full “Ascension” to the WTO….and trying to fast track that process.

Member: someone in Iraq is supposed to give an important announcement later today...at 7 but not sure what timezone?

MZ: Bond folks were very quiet overnight. 

Member: lots of chatter, lots of movement...have heard it before...won't get excited until I see something real.

Member: Is it safe to put in our 2 weeks notice?

MZ: I think we are so close to being able to put in our 2 weeks notice. 

Member: 2 week notice? They’ll be luck if they get a 2 minute notice!

Mark your thoughts on the US treasury holding this up?

Member: Mark, do you think CMKX and PP’s would go before the humanitarian projects money?

MZ: No- I think they may go at about the same time….

Member: Will we still be signing NDA’s?

MZ: I keep hearing mixed stuff. I am hearing now that if you don’t have historic bonds or Zim –there will not be an NDA. That is what I hear from banking contacts….

Member: We will not know for sure until we exchange…imo

Member: Do we have an update on rates to expect?

Mod: NO ONE KNOWS WHAT RATES OR WHAT WILL BE EXCHANGED WILL BE UNTIL THIS HAPPENS, ALL CONJECTURE RIGHT NOW

Member Will we exchange at banks or redemption centers?

Member: a lot of the redemption centers will be banks, if I understand what Marks has always said. I could be wrong.

Member: We need to be cautious…. we have family friend who was wealthy and their wealth manager stole all their money and they instantly became poor

Member: Good rule to follow 10-10-10-10 rule. 10% give;10% long term save; 10% precious metals; 10% investments (passive and active: real estate, annuities, etc)

Member: Great podcast today….Thanks to all…..have a great day

Member: See everyone tonight

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