Tuesday, August 6, 2024
Pentagon comments on Ain al-Assad base bombing: We are assessing the damage, 6 AUGUST
Fourth – Baghdad
The US Department of Defense (Pentagon) commented on the bombing of Ain al-Assad base, western Iraq, on Tuesday.
The US Department of State said: “We are assessing the damage following the missile attack on the Ain al-Asad base in Iraq.”
She confirmed: “A number of American soldiers were injured in that attack.”
Earlier, information obtained by Al-Rabia reported that “at 21:00, the Ain al-Assad base was targeted with two missiles launched from a white Kia vehicle.”
She explained that “the launch site was in the Haditha district, Al-Haqlaniyah area, Alwat Al-Samak.”
She pointed out that “the perpetrators of the operation left the vehicle and headed to an unknown destination.”
She confirmed that “warplanes are carrying out air sorties in the skies of Haditha district.”
LATEST FROM MILITIAMAN, 6 AUGUST
Militia Man
Article quote: "Central Bank being forced to allocate an entire floor for the US Treasury department to monitor money transfers and prevent any illegal activities and people call it dangerous"
Well it's dangerous if you're not playing by the rules. That's the problem.
---Militia Man
'The Theft of The Century'...It's a big deal. It's in the forefront again...They're going to claw back a lot of money. A LOT of money. Why is that important to you an d I?
If they claw back a lot of money it all goes back to the treasury. Tens of billions of dinars or multiple billions of dollars. It's all clawed back from people that stole their money from the citizens...We'd have to pay out on that [988 billion dinars] if they were able to keep them...Finding this stuff is amazing. It's really good for the country...citizens and it's really good for you and I...
The delete the zeros project is real and it's not a lop...We've been over this and over this and I'm sticking to that.
Everybody's pretty much pumped, pretty much excited because the news that's been coming in is off the charts. Saleh has been out for the last couple of weeks educating everybody...
reiterating why they do what they do...and how they do it. Economists coming out talking about what they believe the Central Bank of Iraq is dealing with with the Federal Reserve Bank, United States Treasury. You can see these guys are serious...
https://dinarevaluation.blogspot.com/2024/08/rv-update-by-militiaman-4-august.html
Monday, August 5, 2024
Al-Atwani: Exchange rate stability is a central issue for the state, 6 AUGUST
The head of the Finance Committee in the House of Representatives, Atwan Al-Atwani, confirmed on Sunday that the stability of the exchange rate is a central issue for the state, while he pointed out that the housing initiative achieved positive results.
The media office of the head of the Finance Committee in the House of Representatives stated in a statement, which was reviewed by "Al-Eqtisad News", that "Al-Atwani chaired the committee meeting that hosted the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, to discuss the monetary policy file in the country."
He added that "the meeting reviewed a number of issues, most notably the issue of the electronic platform and the procedures related to it in order to facilitate work and economic stability, in addition to the issue of banks and the mechanism for developing the money transfer process."
He continued that "the meeting witnessed important interventions by committee members on banks' initiatives to provide real estate and housing loans, and ways to facilitate procedures and ease conditions for citizens in the process of applying for housing units in complexes."
Al-Atwani stressed, according to the statement, that "the widening gap between the official price of selling the dollar and the parallel market price creates a state of economic and financial instability," stressing that "the stability of the exchange rate is a central issue for the state."
The head of the Finance Commi
ttee noted that "there is a duality in the issue of imposing US sanctions between Iraqi banks and correspondent banks, which requires the Central Bank of Iraq to move effectively and address this crisis, in addition to tightening control over the work of private banks, in a way that ensures the integrity of all their procedures and work."
Al-Atwani added that "the housing initiative has achieved positive results, and therefore we are pushing towards supporting and continuing it in order to expand the list of those covered by housing loans, and contribute to resolving this crisis."
He continued that "the stability of the monetary market has a direct impact on the general financial situation," adding that "the labor market is unstable in terms of selling currency, which casts a shadow over the general monetary situation." link
RV UPDATE BY MARKZ, 6 AUGUST
MarkZ
[via PDK]
Question: What does it mean for us now that the CBI was taken over by the US Treasury?
MarkZ: The CBI was not completely taken over by the US Treasury...Nobody panic. What I was told is the last few Iraqi banks that had “issues” with money being filtered towards Iran…5 banks to be exact are being cleaned up… I was told they are being cleaned up so they can pull the trigger. The world is desperate for this (RV) to happen. I think the UST being there is a good sign. There is a lot of pressure on Iraq to pull that trigger.
MarkZ
[via PDK]
What of the HCL?
We are watching what is going on in the Kurdish region and money is suddenly flowing. And they are saying things are now in Baghdad’s hands …I’m surprised we haven't seen that the HCL was done [last] week.
...this week has been great. There have been a number of key pieces come out of Iraq that made me feel warm and fuzzy.
MarkZ
[via PDK]
“Government Advisor; Budget Implementation Instructions (Procedural Issue)“
They reiterated that the budget tables do not need to be posted in the Gazette. The budget has already been approved for 3 years. It is perfectly legal and they have worked through the implementation thereof. So why are they not posting budget tables in the Gazette?
I think there is an important reason – like a different value on the dinar.
The prevailing rumor is that the Green light was set yesterday …and will go sometime between now and the 5th…
Question: Do you really feel in your heart we are close?
MarkZ: I do…they are still saying between now and the 5th. Nobody knows the timing but it’s what many are looking at.
https://dinarevaluation.blogspot.com/2024/08/rv-update-by-markz-3-august.html
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Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...