Wednesday, August 14, 2024

LATEST FROM MILITIAMAN, 14 AUGUST

 Militia Man 

 Article: "Government signal: high export capacity boost currency value"  It's an education piece...Why is the country of Iraq and the financial advisers talking...

 Because the fact things are changing.  They want to make the people aware that there are things happening.  I believe give reassurances to why they're doing what they're doing.  If you're going to have a value change...people need to have a little bit of a warning...

 The Central Bank of Iraq has been on top of it.  They've been working in conjunction...with the US Treasury and Federal Reserve to get Iraq to be in compliance with international standards...If you're doing nefarious deals you're going to have a problem...

 Article:  "Referring Al-Alaq to retirement: a legal step or settling political scores?

 It's been ongoing for the last few days there's been a suggestion that he was going to resign.  There wasn't any meat and potatoes to that...Then they went after his age.  They said he was too old.  Then now there suggesting there's political scores that are doing this battle and giving bad publicity...Some people out there...made a lot of money, they're not going to any more, off those dollar auctions.  They did it for a long long time.

Bond Payouts Happening?🚩Iraq Going For Absolute or Manage Float?🤔Dinar R...

Tuesday, August 13, 2024

I like articles like this because they back up and verify what my CBI contact told me BY MNT GOAT, 14 AUGUST

DUE TO FINANCIAL VIOLATIONS, A REPRESENTATIVE DEMANDS THAT SUDANESE TERMINATE THE ASSIGNMENT OF GOVERNOR OF THE CENTRAL BANK

Today, Monday, member of the Parliamentary Integrity Committee, Hadi Al-Salami, called on the Prime Minister to end the assignment of the Governor of the Central Bank, Ali Al-Alaq, stressing that he will direct oral questions to the Governor of the Central Bank. 

He told Al-Maalouma Agency, “There are parliamentary demands to end the assignment of the Central Bank Governor due to his failure to control the official dollar exchange rate and the parallel price.” 

He added, “There are many observations on the performance of the Central Bank Governor, in addition to his reaching the legal age, indicating that he directed questions to the Central Bank Governor and is waiting for a date to be set by the Presidency of the House of Representatives to host him inside the House of Representatives .”

He stressed that “the reason for the hosting request is the presence of a major defect in the bank’s work and the existence of financial violations estimated at approximately $120 million per month.” 

(Mnt Goat – This $120 million per month is from the currency auctions. I like articles like this because they back up and verify what my CBI contact told me. 

As you can read they have not yet accepted Ali al-Alaq’s resignation.

 The federal court said it was legal if they wanted to but not that they had to. He is waiting for a date to be set by the Presidency of the House of Representatives to host him inside the House of Representatives for a Q & A session. We wait to see what happens. We must be careful not to go off half-cocked when we read articles and use out common sense too.)

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

LATEST FROM PIMPY, 14 AUGUST

 Pimpy 

 If it could be proven that [Alaq] was involved with some criminal activity...then he should be out of there and convicted...But if it's all bullshit and this is another one of those moves by Maliki and the Coordinating Framework then people have to do something...So we're not sure where this information is coming from.  But that doesn't mean you

shouldn't listen to the news, because this person is like, 'See Pimpy, you said there is no fake news.'  I did not say there was no fake news but not everything can be fake news.  Just because you don't like the information...it must be fake news.  Nope.   What you got to get to is the bottom of why this situation is there in the first place...Like anything else you have to be able to sift through the crap that you're hearing and make a decisions on whether the news is real or not...

 Pimpy 
 We know pretty soon Iraq is going to be here and talking to people in Washington about what they need to do to get back into good graces, have sanctions lifted on some of the banks and allowing Iraq to move forward with reform without looking for excuses to penalize them every time Iraq does something that pisses off the Biden Administration.


Iraqi Dinar Guru News Highlights (8/13/24)

ANALYSIS OF IRAQ NEWS: Ahead of his visit to the region, Blinken informs Al-Sudani of Iraq’s responsibility to protect military advisers from any attacks BY DINAR REVALUATION, 14 AUGUST

 Ahead of his visit to the region, Blinken informs Al-Sudani of Iraq’s responsibility to protect military advisers from any attacks

Shafaq News/ US Secretary of State Anthony Blinken called Iraqi Prime Minister Mohammed Shia al-Sudani on Monday.

A statement by the US State Department said that Blinken discussed by phone with the Iraqi Prime Minister enhancing stability in the region and avoiding escalation.

Blinken also stressed Iraq’s responsibility to protect coalition military advisers from any attacks.

US Secretary of State Antony Blinken is scheduled to arrive in the Middle East today and plans to visit Qatar, Egypt and Israel.

The visit comes amid tensions in the region, which is anticipating a dual Iranian attack with the Lebanese Hezbollah on Israel, in response to the assassination of the head of the Hamas political bureau, Ismail Haniyeh, in Tehran, and the killing of Fuad Shukr, a prominent Hezbollah leader, during an airstrike in the southern suburbs of Beirut.

https://shafaq.com/ar/%D8%B3%DB%8C%D8%A7%D8%B3%D8%A9/%D9%82%D8%A8%D9%8A%D9%84-%D8%B2%D9%8A%D8%A7%D8%B1%D8%AA%D9%87-%D9%84%D9%84%D9%85%D9%86%D8%B7%D9%82%D8%A9-%D8%A8%D9%84%D9%8A%D9%86%D9%83%D9%86-%D9%8A%D8%A8%D9%84%D8%BA-%D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A-%D9%85%D8%B3-%D9%88%D9%84%D9%8A%D8%A9-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%81%D9%8A-%D8%AD%D9%85%D8%A7%D9%8A%D8%A9-%D8%A7%D9%84%D9%85%D8%B3%D8%AA%D8%B4%D8%A7%D8%B1%D9%8A%D9%86-%D8%A7%D9%84%D8%B9%D8%B3%D9%83%D8%B1%D9%8A%D9%8A%D9%86-%D9%85%D9%86-%D9%8A%D8%A9-%D9%87%D8%AC%D9%85%D8%A7%D8%AA

ANALYSIS: 

Ahead of his visit to the Middle East, U.S. Secretary of State Antony Blinken spoke with Iraqi Prime Minister Mohammed Shia al-Sudani. 

During their call, Blinken emphasized Iraq's responsibility to protect coalition military advisers from any attacks and discussed ways to enhance regional stability and avoid escalation. Blinken's visit comes amid heightened regional tensions, particularly in light of recent developments involving Iran, Hezbollah, and Israel.

LATEST FROM IRAQI BANK FRIEND AKI IN MICHIGAN BY WALKINGSTICK, 14 AUGUST

  Walkingstick  

 [Iraqi Bank friend Aki in Michigan]

   Question presented to Aki - Concerning the statement that was made by a representative of the WTO

 [about Iraq launching a fully convertible currency in October 

 AKI:  I didn't hear anything about October...

 WALKINGSTICK:  I would call it scuttlebutt because the interpreter was telling me that he says he's not sure about that...but he knows there are rumors out there about when this is going to happen.  

AKI:  I did hear about the WTO guy.  Maybe he's talking about a new currency that would be convertible prior to October but there is no mention at the banks about October being the date.  If anything I have heard it is before that.

-----

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MNT GOAT   If you remember last month, at just about this timeframe, the Iraqi economist Yasser Al-Mutawali asked the question to the Financ...