PIMPY: Iraqi Dinar update for 08/11/24 - conflicting info

Iraqi PM launches three key projects in Baghdad, 12 AUGUST

 Shafaq News/ On Monday, Iraqi Prime Minister Mohamed Shia al-Sudani inaugurated three projects in the capital, Baghdad.

Al Sudani’s media office stated that the PM inaugurated the three projects via video conference. The first project is the Baghdad-Diyala-Kirkuk entrance, which “has been rehabilitated and maintained to meet high standards.”

The second project involves the Nahrawan Water Plant, located southeast of Baghdad, “with a production capacity of 4,000 cubic meters per hour.”

The third project includes the construction of overpasses on the Army Canal in eastern Baghdad, linking the Jamila area to Al-Jihad Street (Bab al-Muadham). “This project is part of the first phase of efforts to alleviate traffic congestion in the capital.”

RV UPDATE BY MARKZ: "RATES WILL BE WAY HIGHER THAN I WAS ANTICIPATING" , 12 AUGUST

 MARKZ

Sun. 11 Aug. 2024 MarkZ

“Its very positive with a couple confirmations that they have received final information that final contracts are done …they already have final instructions…….and they hope to start distributing “large scale” on Monday or Tuesday.

 Let’s hope that is accurate. Some of this information is a “first” in this process….So I hope it is accurate. I did have a number of contacts tell me that my guesstimates on rates on currencies are going to be way under.

 That rates will be way higher than I was anticipating. I am hearing the same as Nader, that from almost every source on almost every currency.

 Sat. 10 Aug. 2024 MarkZ: “Bond people received new paperwork this morning that appeared to have something to do with the release of their funds. Expectations of receiving funds were Mon and Tues. I was told by several sources that the rates I have been quoting were way low.”

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MarkZ  

 [via PDK]  Question:  Is an NDA required for currency?  MarkZ:  We do not know for sure…We continue to be told there won’t be an NDA on currencies-only bonds and zim…but be prepared either way.

MarkZ

   [via PDK]   I did have a number of contacts tell me that my guesstimates on rates on currencies are going to be way under.  That rates will be way higher than I was anticipating...I am hearing that from almost every source on almost every currency.

 MarkZ 

  I am hearing a lot of chatter for the weekend from group leaders...I have heard this chatter before so I am cautious...it is coming in conjunction with some great positive things coming from Iraq...I'm still holding hope perhaps over the weekend for an HCL...

 ...quiet on the RV front...All we have is rumors of the HCL is in the Kurdish regions where they made a couple changes and sent it back to the parliament…so it is now with them. We heard parliament has agreed on it and now we are waiting for them to say Boom – it’s done.So in Iraq they seem excited that Alaq is going to gone and the pending pub..FOR READ MORE: https://dinarevaluation.blogspot.com/2024/08/latest-from-markz-10-august.html

Coffee with MarkZ. 08/12/2024

Parliamentary Committee To Nina: A Government Team Is Preparing A New Draft Of The Oil And Gas Bill, 12 AUGUST

Sunday 11 August 2024 | Economic Number of readings: 127  Baghdad / NINA / The Parliamentary Oil, Gas and Natural Resources Committee revealed the fate of the oil and gas bill that has been stalled since successive parliamentary sessions.

The Vice Chairman of the Committee, Nahro Mahmoud Qader, stated in a statement to the National Iraqi News Agency ( NINA ): "The oil and gas bill has not reached the corridors of the House of Representatives yet, and has not been presented for discussion within the Council of Ministers yet."

He added: "No new draft of the bill has reached the House of Representatives at the present time," indicating that "Prime Minister Mohammed Shia al-Sudani has assigned a" tripartite ministerial team "to prepare a new final draft that will be presented first within the Council of Ministers for approval, and then sent to the House of Representatives later," ruling out at the same time that this law will be legislated during the current legislative session of the House of Representatives. /End5

https://ninanews.com/Website/News/Details?Key=1147107  

JUDY NOTES, 12 AUGUST

 Possible Timing:

• Charlie Ward: “When Israel and Iran go to war it will be the cover for the RV.”

Global Currency Reset:

• A trusted military intelligence contact confirmed that GCR Liquidity releasebegan at exactly 3:00 PM PDT on Wed. 7 Aug. 2024 and would unfold over the next 72 hours. “The Sovereign Committee and US federal government have just approved T4A and B payments – this has started Reno, Miami, and other East Coast states.”

• Sources said the delays in setting Tier4b appointments (which were to be made starting Sat. 10 Aug. – didn’t happen.) were from making sure the QFS systemand all the test clients were done perfectly so they can see their funds in their accounts (or hold SKRs) but would not be able to use these funds until the shotgun start has started.

• The new currency rates were being traded on the Forex till Sunday 11 Aug. at 5pm.

• Distributions are scheduled to begin after Sat. 10 Aug.

• Sources said Monday/Tuesday for release of emails/800#

• Over 1500 Farm Claims have been paid out.

• Prosperity Packages National Guard deliveries started on  Fri. 9 Aug.

• Mid-September was anticipated to be a period of substantial activity of significant financial movement.

• Understand that the Swift System might still be in use until all old currency has been declared useless, but those evil sources are still trying their best to keep it open or slow down the exchange.

https://dinarchronicles.com/2024/08/12/restored-republic-via-a-gcr-update-as-of-august-12-2024/

‘I’m Very Concerned’: Art Laffer On Debt Crisis, Hyperinflation, War