Heading the Iraq delegation to Washington. An American vision that reflects the desire of the Sudanese, 24 JULY

 The security expert, Ahmed Al-Sharifi, revealed today, Tuesday, an American vision that reverses the desire of Prime Minister Mohammed Shia Al-Sudani related to the heading of the security delegation sent to the United States.

Al-Sharifi said to Al-Furat News that: “The Sudanese wanted to head the Iraqi security delegation to enter the second round of talks to end the mission of the international coalition in Iraq, the army chief of staff, Lieutenant General Abdul Amir Yarallah; but the United States demanded the presence of the Minister of Defense under the pretext of the Constitution.”

He added that: “The Iraqi-American dialogue has a vehicle dimensions and does not include only the military dimension, so we must distinguish between the presence of the international coalition forces in Iraq and the United States of America.”

“The issue of the withdrawal of the international coalition, according to reports, will be about two years, while the intentions of the United States lie in concluding a security strategic agreement with Iraq,” Al-Sharifi added.

“Since yesterday and today, signs of entering mercenaries began as a supportive effort for Turkish forces in the Kurdistan region under the pretext of fighting the PKK, and if the Republicans win, the crisis in Ukraine will be resolved and sanctions on Russia will be lifted, which will lead to a decrease in oil,” he added.
Al-Sharifi continued, “In the face of the decline in oil prices and the departure of the American forces, we will be towards raising the armament capabilities of the Iraqi forces, the threat of ISIS gangs still exists and this threat must be dealt with.”
“We are on the cuse of a major economic crisis if sanctions on Russia are lifted,” he warned, but “the redeployment of US forces in the region has new balances related to economic sinquity.”
“Energy security is the security of life in the region and there are Iraqi-Turkish understandings in this regard,” Al-Sharifi concluded.
Defense Minister Thabit Mohammed Saeed Al-Abbasi heads the delegation of the Republic of Iraq on an official visit to the United States of America, which will hold the second round of talks to end the mission of the international coalition in Iraq.

https://alforatnews.iq/news/رئاسة-وفد-العراق-الى-واشنطن-رؤية-أمريكية-تعاكس-رغبة-للسوداني

IRAQ BOOTS ON THE GROUND REPORT BY FIREFLY, 24 JULY

  [Iraq boots-on-the-ground report]   

FIREFLY: My bank guy did say dropping the zeros does not change the value.

  FRANK:  He's right.  Because it's going to be 1 to 1 with the American dollar.  It doesn't affect it inside.  It will effect it outside.  No it will not change it.  When it floats it will change it. 

 FIREFLY: Poor countries with terrible inflation, they drop [zeros] in order to lop.  We are not like that.  We drop to add value.  It's all inflation based.

    FRANK: Yes, you drop to add value inside of your country...They wanted to be at least 1 to 1 with the American dollar in order to add this value to your currency.  That's why he means that dropping the zeros won't add value to your currency...Then your currency will float on the International market and the value of your currency goes up outside your country as well.  Inside, it will go from 1320 to at least 1 American dollar in order to add value which is purchasing power...If it was a lop they would be adding zeros. 

🔥 Iraqi Dinar 🔥 1 to 1 With Dollar 🔥 Today IQD Value to Dollar RV News G...

Iraqi bank announces investment deposits with returns of up to 10%, 24 JULY

 Baghdad-Mil  

An Iraqi bank announced today, Tuesday, an investment deposit account with financial returns of up to 10% annually, paid monthly.

The International Development Bank said that it “continues to open deposit accounts according to customers’ requirements in terms of the duration of the link,” indicating that “these accounts provide financial returns of up to 10% annually and are paid monthly from the value of the deposit, in addition to entering the monthly draw, which includes valuable cash prizes.”

He added, “The owner of the investment deposit receives free life insurance and facilities when wishing to obtain a loan guaranteed by the deposit, as well as a credit card provided free of charge to the account holder.”

The statement concluded by stressing that “the funds will be invested to serve the country and will be guaranteed by the Iraqi Deposit Insurance Company, which is licensed by the Central Bank of Iraq, in addition to the benefits that the owner of this account will receive, which represents a product that is in harmony with the needs of the Iraqi family seeking to invest its money in the appropriate and safe place and benefit from generous monthly returns that raise the standard of living.”

https://miliq.news/economy/33010–10.html

RV UPDATE BY PAULETTE, 24 JULY

  Paulette 

 Iraq cannot RI without "accepting Article VIII obligations" and cannot do so if they have a MCP.  Dr S said that the "new currency" will co-exist with the 3 zero currency for up two two years in the market and ten within the banks.  They cannot treat the two currencies at different rates and be deemed as having "accepted Article VIII obligations".  Without "accepting Article VIII" obligations, they simply cannot RI...

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Paulette

  Article: "Iraq faces some challenges in its path to joining the World Trade Organization"  It is clear based on this article that Iraq will not be voted today to be full members of the WTO...Iraq has a lot of work ahead of them.  To me, the WTO is totally irrelevant to what we seek.  Apples and oranges.  I hope we see the FULL RI process well before full accession to the WTO.

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Paulette 

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

 the 18th is the next meeting of the Steering Committee...the Full Assembly would have to vote to allow Iraq full accession...they are not scheduled to meet until early 2026...It would be extremely uncommon for a Steering Committee to only meet with a country 2 times after the initial meeting.  4 to 7 is the usual...this only the second meeting of the Steering Committee for Iraq.

--

Paulette 

 Community Reminder ["He pointed out that the new currency entry does not mean the destruction of ancient coins, but will continue to trade for about ten years, pointing out that this period will enable the central bank to withdraw the old currency in accordance with the dynamics and mechanics in order to preserve liquidity In the market" This 2016 article says.They will coexist with 10 years.] 

 Exactly! And, this was further clarified that active trading in the Market Place will be upwards of two years while through the banks it would be at least 10...This is what I believe will be told to the citizens when they bring out the Fils and lower notes...IMSO, it won't be a week or 90 days or even 180...Nor will they be cancelling the 3-Zero series for at least 10 years...They are currently following the Dr S plan to a "T"...

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It is great to see more articles regarding the "Float"...I strongly believe this is the early stages of the last push by the CBI to educate the Citizens prior to implementing the "Delete the Zeros" project...Patience all...this is slowly coming together.

If you go back and read articles after 7/1/23 you will see that Iraq is still under US/(UK) guardianship (receivership) ...There were calls then for the UN to lift this guardianship but [4/10/2024 Article "Our agency publishes the text of the request of the Prime Minister, Muhammad Shiaa Al-Sudani, to the Secretary-General of the United Nations, Antonio Guterres, to permanently end the work of the United Nations mission in Iraq."] may now be the first "Official" call that I have seen...The corrupt in the US do not want this to change.....The good news is that IMSO, their days are numbered...

 Iraq's WTO Accession Package will likely not be submitted for adoption until MC14 which will be held in early 2026... It clearly was not submitted for adoption at MC13...I anticipate that by then we really won't care.

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 Community Comment: "Iraq on May 9 ascends to FULL membership in the WTO"   I hope you are correct regarding the WTO.  However, the documentable facts and articles regarding this issue would say otherwise.  Don't misunderstand, the documentable facts and articles are EXTREMELY positive.  Iraq, under Sudani appears to be serious about becoming WTO members, opening the country to International trade, moving from a Rentier Economy to a Market Economy and finally implementing the Delete the Zeros Project.  Everyone should be excited even if it takes months more to accomplish...FOR READ MORE: https://dinarevaluation.blogspot.com/2024/05/rv-update-by-paulette-14-may.html

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Iraqi Dinar-Shocking Truth About Currency Exchange: $25,000 at $3.22 Rev...

International Development Bank announces the opening of a bank deposit account , 24 JULY

 7/23/2024  Baghdad

The International Development Bank announced today, Tuesday, the opening of a deposit account (investment, term) to serve the Iraqi family.

The bank stated in a statement that "based on our belief in providing the best banking services to the bank's customers and employing the accumulated cash mass in the service of the national economy, the International Development Bank for Investment continues to open deposit accounts according to the customers' requirements in terms of the duration of the link."

He added, "These accounts provide financial returns of up to 10% annually, paid monthly from the value of the deposit, in addition to entering the monthly draw, which includes valuable cash prizes."

He stressed that "the owner of the investment deposit receives free life insurance and facilities when wishing to obtain a loan guaranteed by the deposit, as well as a credit card provided free of charge to the account holder."

The bank explained that "the funds will be invested to serve the country and will be safe and guaranteed by the Iraqi Deposit Insurance Company, which is authorized by the Central Bank of Iraq, in addition to the benefits that the owner of this account will receive, which represents a product that is in harmony with the needs of the Iraqi family seeking to invest its money in the appropriate and safe place and benefit from generous monthly returns that raise the standard of living."  LINK