Opportunities in Iraq” after overcoming “years of turmoil” at an international conference in Washington, 9 SEPT

 Opportunities in Iraq” after overcoming “years of turmoil” at an international conference in Washington

The American Atlantic Council Institute announced that it will organize a conference on Iraq in Washington on October 15, with the participation of current and former politicians and experts from the United States and Iraq, where it will address opportunities and challenges in relations, overcoming years of turmoil, with a focus on the energy sector, and diversifying the Iraqi economy. 

According to the American Institute, the conference, which is being held within the framework of the "Iraq Initiative", under the title "The Path to Recovery, Development and Global Partnerships in Iraq", will bring together a diverse group of senior experts, researchers and policy makers from both the United States and Iraq, including current and former senior officials. 

The report, translated by Shafaq News Agency, explained that the conference, the third of its kind for the "Iraq Initiative", will address the major challenges and opportunities facing Iraq as it begins to overcome years of volatility, with early signs of recovery and development. 

The report added that the conference will focus this year on the advancement of the energy sector, the efforts of the Iraqi government towards sustainable economic diversification, and the evolving path of the US-Iraqi relationship. 

The report added that the conference will witness dynamic discussion panels that explore how Iraq, the United States and the international community can interact positively with Iraq as it moves through its unique social, political, economic and security changes.

The report added that the conference will witness direct personal participation and via video, and will include translation into Kurdish and Arabic. 

The report concluded by saying that the "Iraq Initiative" program provides transatlantic and regional policymakers with unique insights and analyses on the ongoing challenges and opportunities facing Iraq as the country attempts to establish an inclusive political system, attract economic investment, and stimulate a vibrant civil society.  link

LATEST FROM WALKINGSTICK, 9 SEPT

  Walkingstick 

  I strongly believe we need Alaq to finish what he's doing [In New York and Washington], come back...to Baghdad and bring the REER - Real Effective Exchange Rate to Iraq. 

 We believe this is the next step because of what Sudani told the Iraqi citizens. 

 IMO the commercials are the next thing that they're going to show them.  IMO the commercials are already produced...They will be released to the public. When Sudani said the monetary reform is coming to an end...that's a big hint...That's what we in intel call a big clue. 

Walkingstick 

 All the executive levels of the banks in Iraq are going to sit down with the governor of the CBI Alaq and receive instructions on the new currency next week.  

Walkingstick 

  They got stability and security. Sudani has been bragging about it...Lift the three zeros has to do with the value, then not with the value, back and forth, back and forth, it has to do with the value and then, no it doesn't have to do with the value.  The articles are contradicting. 

 They are lies.  They are misleading with a purpose.  

 Walkingstick  

Article: "Two conditions to achieve it .. Al-Sudani's advisor rules out removing 3 zeros from the currency"

  These articles, this misleading, is intentional right now...Contradicting statements are found throughout all of these statements, all of these articles...The 25 note has to become a 25k note? 

 There isn't even a 25 note...When did Iraq last have a 25 note?  Never.

--

 Walkingstick  

[Iraqi bank friend Aki update] 

Question:  You're asking us why we are not talking to you about these [lower note] commercials.  Can you tell us more about them? 

 AKI:  Yes, they are coming out.  This is the media campaign we told you about.  It's getting faster and faster and louder and louder.  

The purpose is to show the citizens the new lower notes and more information. 

 These commercials are coming out at any time now...Nothing is in the way to block this next step.  It is a massive media campaign.   

[[Iraqi bank friend Aki update]

New York is to remove the red tape that the United Nations is still holding on the banks of Iraq that are not participating in the monetary reform.  

These sanctioned banks may stay sanctioned or be shut down completely. 

 It really doesn't matter to the monetary reform process but this is something that is needed to be done.

https://dinarevaluation.blogspot.com/2024/08/lower-notes-yes-they-are-coming-out-by.html

US-Iraq Deal: End of a 23-Year Occupation

DINAR REVALUATION REPORT: US-Iraq Deal: Near Quarter Century Long Pentagon Occupation to Finally End, 9 SEPT

 US-Iraq Deal: Near Quarter Century Long Pentagon Occupation to Finally End

On September 8, 2024, the governments of Iraq and the United States reached a historic agreement marking the end of the US-led coalition troop presence in Iraq. 1 Sources confirm that remaining American and Western allied troops will withdraw from the country by September 2025, with the final exit scheduled by the end of 2026. 1

Background of the Occupation

The nearly quarter-century-long occupation began with the 2003 'shock and awe' bombing of Baghdad and full-scale invasion under the Bush-Cheney administration. 1 The US overthrew Saddam Hussein, leading to years of chaos, an anti-US insurgency, and the rise of terror groups such as AQI and ISIS. This period was marked by significant civilian casualties, with estimates ranging into the hundreds of thousands, if not over a million. 1

The government established post-Saddam has been allied with Tehran and dominated by Shia politicians and their interests.  1

Recent Developments

In recent years, the Pentagon justified its presence in Iraq as necessary for combating ISIS. 1 However, widespread efforts in the Iraqi parliament and among the general population called for the removal of foreign troops. 1 Political leaders in Iraqi Kurdistan, however, have been the most supportive of the US presence. 1

US bases and the embassy have faced attacks by Iran-aligned Shia paramilitary groups, with the Iraqi Army accused of giving these groups free rein.  1

Agreement Details

A senior US official stated that the agreement is in place, with the only remaining question being the timing of its announcement. 1

The US withdrawal was initially planned for earlier in the summer but was postponed. 4

MARKZ EXCERPTS, 9 SEPT

 Mark Z excerpt: 9.7.24

MZ: Big article on Iraq this weekend “ US-Iraq Deal : Near Quarter century long pentagon occupation to finally end”   

From Zero hedge. They are starting to phase out the occupations between now and September 2025.

Member:  That's great news!

MZ: What did Trump tell us years ago?  That we would leave as soon as Iraq paid us everything ….There is a window telling us we will finally get this thing. 

Member: So are we waiting until 2025 now?

MZ: That does not mean we are waiting until then….It does not mean that at all. They just announced they are pulling out and have started the process. I do not think they would already be starting the process if they did not know the date they are getting all their money. We were told the US would leave when we got our money……and now they are leaving..."

CBI's Educational Campaign on Currency Reforms in Iraq

DINAR REVALUATION REPORT: CBI's Educational Campaign on Currency Reforms in Iraq, 8 SEPT

 CBI's Educational Campaign on Currency Reforms in Iraq

The Central Bank of Iraq (CBI) is set to embark on an educational campaign aimed at informing the public about upcoming currency reforms[2].

 This initiative will culminate in the release of commercials and photographs, as part of the final phase of the education process.

 The announcement, made by Iraq's Prime Minister on September 8, 2024, signifies a significant step toward the introduction of a new exchange rate[2].

Background on Currency Reforms

Iraq has been working on a series of reforms to stabilize its economy and combat the thriving black market for foreign currencies[2]. The reforms include the adoption of the SWIFT system for electronic transactions, which has significantly increased the volume of regulated dollar transactions in the country[2]. This move is part of a broader effort to enhance transparency and prevent illicit financial activities, such as money laundering and sanctions evasion[2].

The Role of Education in Reform

Recognizing the importance of public understanding and support for these reforms, the CBI has prioritized an educational campaign[2]. This campaign will provide detailed information about the new rate and the reasons behind the reforms. By releasing commercials and photographs, the CBI aims to reach a wide audience and ensure that the Iraqi public is well-informed about the upcoming changes[2].

Impact on the Iraqi Economy

The success of these reforms hinges on the public's trust and cooperation. The educational campaign is designed to build confidence in the new measures and the CBI's ability to manage the country's monetary policy[2]. By ensuring that the public understands the benefits of the reforms, the CBI hopes to minimize any potential resistance and facilitate a smooth transition to the new exchange rate[2].

Conclusion

The CBI's educational campaign, culminating in the release of commercials and photographs in September 2024, marks a critical phase in Iraq's ongoing economic reforms[2]. Through this initiative, the CBI aims to prepare the Iraqi public for the introduction of a new exchange rate, ensuring transparency and fostering public support for the reforms[2].