DINAR REVALUATION HIGHLIGHTS, 5 SEPT

 

@DINAR REVALUATION

DINAR REVALUATION HIGHLIGHTS, 5 SEPT

DINAR REVALUATION HIGHLIGHTS

Summary

Iraq is making slow but steady progress in digital payments and banking, with positive updates from the Central Bank and international recognition.

Highlights

• Central Bank meets with electronic payment firms, signaling progress in digital banking. 💳
• Wolverine confirms readiness for significant changes in the banking sector. ⚙️
• US Treasury praises Iraq’s advancements in financial control and stability. 🇺🇸
• Iraq’s Development Road Project aims to diversify the economy beyond oil. 🚧
• Iraq chairs the Group of 77 and China at the UN, showcasing international recognition. 🌍
• Increased training for foreign currency exchange indicates imminent changes. 📈
• Iraq maintains a stable credit rating, reflecting economic resilience. 📊

Key Insights

• The Central Bank’s meetings with electronic payment companies highlight a commitment to modernizing Iraq’s financial infrastructure. This shift toward digital payments is crucial for enhancing efficiency and security in transactions. 💻
• Wolverine’s announcement of readiness suggests that significant reforms in the banking sector are imminent, which could lead to a more robust financial environment. This preparedness may boost investor confidence. 🚀
• The US Treasury’s acknowledgment of Iraq’s progress in monitoring transfers underscores the importance of regulatory frameworks in stabilizing the economy and attracting foreign investment. Strong oversight is pivotal for economic growth. 📜
• The Development Road Project represents a strategic initiative to create a diversified income stream for Iraq, reducing reliance on oil revenues. This could lead to sustainable economic development and job creation. 🌱
• Iraq’s role as chair of the Group of 77 and China at the UN indicates its growing influence on the global stage, which may enhance its diplomatic and economic relationships. This recognition is a positive sign for international collaboration. 🌏
• The increase in foreign currency exchange training suggests that the banking sector is preparing for potential shifts in currency valuation, which could indicate upcoming economic changes and opportunities for investors. 💵
• Maintaining a stable credit rating reflects Iraq’s efforts to ensure financial stability, which is essential for attracting foreign investment and fostering economic growth. Stability is a key factor for investor trust. 🔒

What Happened Between Al-Maliki And The US Ambassador?, 5 SEPT

What Happened Between Al-Maliki And The US Ambassador?

Political | 07:01 - 03/09/2024   Mawazine News – Baghdad  Head of the State of Law Coalition, Nouri al-Maliki, confirmed to the US Ambassador to Iraq, Alina Romanowski, on Tuesday, that Iraq seeks to maintain its security and political stability as the upcoming parliamentary elections approach.

Maliki's media office stated in a statement: "Head of the State of Law Coalition, Nouri al-Maliki, received the US Ambassador to Iraq, Alina Romanowski, in his office."

He added, "During the meeting, views were exchanged on the developments witnessed in the regional and international arenas, especially the efforts to stop the Zionist aggression on the Gaza Strip. A number of issues and files of common interest were also discussed."According to the statement, Maliki stressed "the importance of strengthening bilateral relations between the two countries, and activating the strategic framework agreement after the announcement of the international coalition's withdrawal from Iraq and the transition to comprehensive relations in various fields between Baghdad and Washington," indicating that

"Iraq seeks to maintain its security and political stability as the upcoming parliamentary elections approach, as the elections, which are expected to be held on time next year, will be important for all current parties."

Al-Maliki pointed out that "the region is witnessing a major crisis due to the continued Zionist aggression against the Palestinian people, which requires the international community to move to find solutions that end the Zionist aggression against the Palestinian people and the crimes committed against them."

The US ambassador renewed her country's support for the stability of Iraq, stressing "the continuation of dialogues between the two countries in order to enhance partnership projects in various important and vital sectors,"  

noting that "the United States continues its efforts with international partners to end the war in Gaza, provide aid to the Palestinian people, and end the crisis that the region has been experiencing since the beginning of last October."   https://www.mawazin.net/Details.aspx?jimare=254404 ‘

Coffee with MarkZ and the ATB. 09/04/2024

Thank you MarkZ for all your time, and encouragement daily….. PDK

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: Good morning Mark, Mods, and all in our wonderful community.

Member: This would be a great day for some great news!!!!

Member: Today would be a wonderful day for an RV

MZ: I don’t even have to give you guys good news this morning  ….Just go watch Nader talking about the IQD in international markets and Al Alaq laying the foundation for good things coming.-RATE CHANGE

MZ: Also MilitiaMan did a really solid video on global partnerships and security and stability. Including dollars, income,  commercial and private applications…. Solid information. Be sure to go watch and share both of them. 

MZ: Things are going very well in Iraq. What does that mean timing wise? A number of my contacts over there are convinced we will see something in the next 2 days. Don’t ride the roller coaster…..just wait and see. 

Member: Do not unlatch your seatbelt until the ride has come to a complete stop

Member: I hope there is a picture at the top of the roller coaster that captures all of our smiling faces

MZ: Reno and Zurich have been exceptionally quiet this week. To me –that is very interesting. 

Member: I am making a guess that Mr. C will be paid by Friday

MZ: I would not be surprised if he were paid this week. 

Member: I cannot wait to prove to family and friends that I am not crazy for believing in all of this. 

Member: Thanks Mark and Mods……everyone have a wonderful day. 

Member: Have a wonderful safe day! Don’t worry!! We are almost there!! Breathe!! Ground! Live in Gratitude!!

ATB joins the stream today. Please listen to the replay for their information and opinions 

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

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Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

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Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

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THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

UPDATES ON THE IRAQ'S STRATEGY TO STABILIZE THE IRAQI DINAR, 4 SEPT

Summary

Updates on the Iraqi Dinar’s potential RV and upcoming U.S. gas investment discussions reveal optimism for Iraq’s currency and economic growth.

Highlights

• 🔥 Anticipation is high for the Iraqi Dinar RV, with many hopeful for tomorrow’s developments.
• 💰 Iraq is exploring partnerships with regional countries to stabilize and enhance its currency.
• 🌍 The oil minister’s visit to the U.S. focuses on attracting gas investments.
• 🚀 U.S. companies are being invited to invest in Iraq’s gas sector, promising growth and innovation.
• 🌱 Emphasis on sustainable practices in gas production aligns with global energy trends.
• 🤝 Stronger ties with the U.S. could boost Iraq’s geopolitical relationships.
• 📈 Investments may lead to knowledge transfer and job creation in local economies.

Key Insights

• 🔮 The upcoming RV of the Iraqi Dinar could signify a pivotal moment for investors, driven by rising anticipation and optimism surrounding its value. This potential shift may benefit many who have invested in the currency.
• 💡 Iraq’s strategy to stabilize its currency through regional cooperation highlights a proactive approach to economic resilience, suggesting that collaboration could mitigate risks associated with currency fluctuations.
• 🏗️ The oil minister’s outreach to U.S. companies signifies a strategic move to harness foreign expertise, potentially leading to innovations in Iraq’s gas sector that could enhance productivity and efficiency.
• 🌿 The focus on sustainable practices in gas investments reflects a broader global trend towards cleaner energy, indicating that Iraq is aligning its energy policies with international environmental standards.
• 🌐 Strengthening relationships with U.S. firms can bolster Iraq’s geopolitical stance, illustrating how energy partnerships can play a crucial role in shaping international relations and economic strategies.
• 📊 Local economic benefits from U.S. investments could foster a skilled workforce, enhancing Iraq’s domestic capabilities and ensuring long-term sustainability for its energy sector.
• ⛽ The potential growth of Iraq’s gas reserves presents an opportunity to elevate its position in the global energy market, attracting further investments and expertise that can drive future developments.

IRAQ PM CONFIRMS DINAR REVALUATION

DINAR REVALUATION REPORT: Switzerland Reopens Embassy in Baghdad to Strengthen Economic Ties, 4 SEPT

 Switzerland Reopens Embassy in Baghdad to Strengthen Economic Ties

In a significant diplomatic move, Switzerland has reopened its embassy in Baghdad, the capital of Iraq, after a 33-year hiatus. 1 The embassy was originally closed in 1991 due to the outbreak of the Gulf War. 2 The reopening, announced on September 3, 2024, signifies Switzerland's commitment to enhancing bilateral relations with Iraq and deepening cooperation in various sectors, including economic, security, and migration matters. 3

A Step Towards Economic Development

Switzerland's decision to reopen its embassy in Baghdad is driven by the improved security situation in Iraq. 2 The country has emerged from long periods of internal conflicts, marking a new phase of economic development.  2 The reopening is also aligned with the Swiss Federal Council's MENA Strategy 2021–24, which seeks to foster closer ties with Middle Eastern and North African countries. 3

Bilateral Cooperation and Economic Prospects

Iraq's energy resources and diversified economy offer promising long-term export and investment opportunities for Swiss businesses. 3 The Swiss government views the reopening of the embassy as a strategic move to enhance bilateral cooperation and advance Switzerland's economic interests in Iraq. 3

Migration Cooperation

Bilateral cooperation in migration is another priority for Switzerland. The Federal Department of Justice and Police (FDJP) has been supporting migration-related projects in Iraq since 2020 and has recently increased dialogue with the Iraqi authorities. 3  A Swiss migration officer has been seconded to the new embassy to facilitate migration cooperation on the ground. 3

Diplomatic Presence and International Relations

The Swiss embassy in Baghdad joins over 50 embassies from other countries, including 18 European countries and the European Union, indicating a robust diplomatic presence in the city. 2 The reopening of the embassy was a key topic of discussion when Federal Councillor Ignazio Cassis visited Iraq in 2021, and the Swiss foreign affairs committees formally approved the reopening in late 2023. 2

The Role of Iraq in Regional Peace and Security

Iraq has played a significant role as a regional mediator, making efforts to promote peace and security in the region. 2 This strategic position further underscores the importance of Switzerland's diplomatic engagement with Iraq.

Initial Embassy Operations

Initially, the embassy will have a small staff, including the ambassador, Daniel Hunn, and two officers to support migration-related projects and dialogue with the Iraqi authorities. 2 The Swiss embassy in Amman, Jordan, will continue to manage consular services and process Swiss visa applications for Iraqi citizens. 2

Conclusion

The reopening of the Swiss embassy in Baghdad on September 3, 2024, marks a pivotal moment in the strengthening of economic relations and diplomatic ties between Switzerland and Iraq. It reflects Switzerland's commitment to deepening cooperation in economic, security, and migration matters, as well as the Federal Council's strategic vision for the region.