Monday, September 9, 2024

Topic: IRAQ and Troop withdrawal BY GINGER TELEGRAM ROOM, 9 SEPT

 πŸ’’Part 2/2 - Wonderful help  from Helicopter Lady, Liberty Lounger Extraordinaire. 

Topic: IRAQ and Troop withdrawal - 9.8.24


πŸ’’ Helicopter Lady: Hello dear Ginger: The good news is that Reuters has announced that Iraq and the US have come to a preliminary troop withdrawal agreement starting November 2025.


It means that we are finally close to an official announcement.

The date of November 2025 deadline solves 3 problems:


1. Iraq can make an "official announcement"


2. It gives them 15 months to pay the US for all the infrastructure projects that the Americans completed during the oversight period and military occupation

 

3. It allows the WTO now to proceed with the next step in accrediting Iraq's membership.


There is another reason why this is very good news! Trump wants to make a point that even while our US troops are leaving in a friendly way, it still takes a year to get them (and our equipment) home safely. I think he is building the story so that he can use it as a contrast with how (carelessly) Biden withdrew the troops from Afghanistan willy nilly: in just one week, causing all sorts of upheaval, including getting people killed during the process. 


President Trump wants the Americans to see the difference. Maybe it is timed like this to bring it up during the debate on Tuesday between President Trump and Kamala. I don't see how Kamala can last 1 1/2 hours under Trump's stare. πŸ’₯πŸ‘€πŸ’₯


πŸ’’ Ginger adds: I feel really great about this USA Troop withdrawal announcement and even the timing of it. It's not discouraging to me in the least bit. I don't foresee at all that this will delay the financial reforms and "The Camper Event". 


We heard news many months back, which I brought to you, explaining that the withdrawal of USA military was slated for next year. Plus Al Sudani used kinda forceful words insisting the military depart the region, but this is also kind of a way to "save face", like we don't need you anymore! We are sovereign now! But behind closed doors, at the same time, you can imagine him saying, "Hey, could we get a little help for just a little while longer?" - knowing Iraq is about to go through an incredible transformation - right? 


I explained last Fall that the troops were going to begin a slow, scheduled, safe and intentional departure but they would leave about 1000 military members behind for ongoing safety needs. This is the crew which will help oversee security and stability and training for Iraq during and after their transition period. 


We also told you about a retired Special F0rces Marine, from where we live, who was tasked to return to the sandbox as a contract worker to train other military, new and incoming to the sandbox, on security protocols and procedures for the region, because he was already well-experienced in that department. My gut tells me that he's equipping those final one thousand troops so that the others, those who've been there the longest, get to begin the rotation to come on home. This allows Iraq to "save face", maintain some extra security and safety standards for all those who will be traveling there and exchanging - plus the removal of any remaining bad actors who cause trouble before, during and after Iraq IQD rate change occurs. 


I just want to be clear that Iraq isn't going to need to hold off their RI/RV until the last of the troops withdrawal in November 2025. ➡️ The USA can still get paid, the USA troops can begin a scheduled, calculated and planned departure; and the remaining skeleton crew - bare minimum needed for securing safety during the transition - can all happen before next Fall 2025. 


Hope this helps and brings you as much encouragement as it does for me! This is when you know you "can see the light at the end of the tunnel" and be super thankful that it's not an on-coming train πŸš‚!  πŸ˜›πŸ˜πŸ˜†πŸ˜‚


~ Ginger of the Liberty Lounge, Ambassador for God's Abundance with the New Earth Alliance 


How Iraq's Central Bank Decisions Shape Inflation and Currency Strength

DINAR REVALUATION REPORT: Central Bank Decisions and Their Impact on Inflation and Currency Strength in Iraq, 9 SEPT

 Central Bank Decisions and Their Impact on Inflation and Currency Strength in Iraq

In the context of Iraq's oil-dependent economy, the Central Bank's decisions play a crucial role in managing inflation and stabilizing the currency. As of September 9, 2024, the Iraqi economy is recovering from the oil and COVID-19 shocks of 2020, with real GDP estimated to have grown by 1.3% in 2021 after a sharp contraction of 11.3% in 2020.  Government revenues surged by 73% year-over-year in 2021, spurred by higher oil prices and devaluation measures that boosted non-oil domestic revenues. However, this fiscal recovery and the currency's stability are influenced by the Central Bank's policies.

Central Bank's Role in Managing Inflation

The Central Bank of Iraq faces challenges in controlling inflation, especially given its high oil dependency. Inflation shocks can impact the exchange rate, with the currency of a country experiencing higher-than-expected inflation expected to depreciate against another's currency to maintain purchasing power parity. However, in advanced economies, exchange rates may appreciate against major trade partners' currencies on days of higher-than-expected inflation surprises, a phenomenon that contrasts with the PPP theory's predictions. The Central Bank's policy reactions to inflation shocks significantly influence market behavior. 

Central Bank's Influence on Currency Strength

The Central Bank's decisions, particularly regarding foreign currency transactions, have a direct impact on the strength of the Iraqi dinar. For instance, the decision to stop using the Chinese yuan after the US Federal Reserve accused Iraq of "inflating transfers" could raise the US dollar exchange rate and increase inflation, potentially harming Iraqi families.  This move has been described as a "misstep" by economists, as it could negatively impact the local market by increasing demand for the dollar and subsequently the dollar exchange rate. 

Fiscal Adjustments and Economic Reforms

The International Monetary Fund (IMF) has recommended significant fiscal adjustments for Iraq, emphasizing the need to reduce oil dependence and ensure fiscal sustainability.  The authorities are advised to control the public wage bill and increase non-oil tax revenues while enabling private sector development through labor market reforms, financial sector modernization, and restructuring of state-owned banks. 

Conclusion

The Central Bank's decisions are critical in managing inflation and stabilizing the currency in Iraq. However, the effectiveness of these decisions is influenced by the country's high oil dependency and external economic pressures. To ensure long-term economic stability, Iraq must implement fiscal adjustments and economic reforms recommended by the IMF, focusing on reducing oil dependence and fostering private sector development. 

Are Central Bank Decisions Sufficient To Stop Inflation And Strengthen The Currency In Iraq?, 9 SEPT

 September 8, 2024 Last updated: September 8, 2024   Independent/- As part of the Iraqi government’s efforts to improve the economic situation and stabilize the local currency, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, revealed the role of the central bank’s decisions in reducing inflation rates and enhancing the value of the national currency.

 
While Saleh's statements reflect the government's commitment to achieving economic stability, many questions arise about the effectiveness of these policies in confronting real economic challenges.
 
The role of the central bank in stabilizing the currency: Saleh stressed that the monetary policies of the central bank, including decisions to raise or lower interest rates, play an important role in stabilizing the local currency.
He explained that these policies aim to achieve a balance between the internal and external value of the currency, which is supposed to contribute to reducing inflation rates.
 
While these measures are viewed as economic stabilizers, the question remains as to how well they will meet the challenges of rising inflation and other economic pressures.
 
Economic growth and enhancing the value of the currency: Saleh pointed out that sustainable economic growth enhances the value and stability of the currency.
 
He stressed that the real factors affecting currency strength include high productivitygood employmentreal investment, and innovation.
 
In this context, many wonder about the ability of the Iraqi economy to achieve this sustainable growth , in light of the challenges it faces, such as low oil prices and political crises.
 
Technology and Innovation: Stimulating Productivity and Economic Growth: Saleh pointed out that technology and innovation can play a decisive role in improving productivity and economic growth, which enhances the value of the currency.
 
However, while innovation and technology are positive factors, achieving these goals requires a suitable environment for research and development, as well as effective investment support.
 
In this regard, questions remain about the extent of Iraq's ability to achieve these requirements amid the current challenges.
 
The importance of political and administrative stability: Saleh also explained that political stability and the strength of the administrative system are important factors in enhancing confidence in the national currency.
 
In this context, many wonder about the stability of the political and administrative situation in Iraq, especially in light of the ongoing political crises and administrative challenges.
 
Achieving political stability may be essential to achieving the desired economic goals.   
 
https://mustaqila.com/Ω‡Ω„-Ω‚Ψ±Ψ§Ψ±Ψ§Ψͺ-Ψ§Ω„Ψ¨Ω†Ωƒ-Ψ§Ω„Ω…Ψ±ΩƒΨ²ΩŠ-ΩƒΨ§ΩΩŠΨ©-Ω„ΩˆΩ‚Ω-Ψ§Ω„Ψͺ/   

WOLVERINE LIVE CHAT 8/9/2024

WOLVERINE LIVE CHAT 8/9/2024

It looks like things are ready to get started.

I'm getting news that Iraq is ready to put the Dinar on Forex, hopefully today.

If that happens, the RV will start. I'm told they will start after midnight tonight. And when this happens, it will be real and it will be emotional for all of us. 

First to go are German bonds and Yellow Dragon bonds this week! 

They will take a few days to arrive, and then the rest of the bonuses will arrive in the next few days. 

Orders have now arrived for ALL BANKS IN THE WORLD to activate QFS on all bank accounts! Get ready for that! 

There will be some funds in that Nesara Gesara QFS, so check your bank for those funds! I think everything will come at once. 

Precatorias has a geopolitical problem in Brazil with the ruler; In my opinion, I think it's all nonsense, just a delaying tactic. In my opinion, they are just waiting to start on the rest of us like a shotgun drop. The Precatorias are an F&P and are not a real part of the redemption process. It's considered a blessing, so they're technically in the RV. 

There's not much more to say. The orders have been given.

We'll see you tomorrow, your Monday. Therefore, you may receive your notifications maybe after midnight. 

If you receive your notification, put it in the channel you received your notifications on, as you will not be under NDA yet. 

It has been a huge and difficult challenge for me, a very difficult roller coaster. I haven't been able to sleep as I've been trying to get a lot of information for you. 

I wish you all peace and blessings. Let's hope it happens tomorrow with a rainbow outside my window! 

* Once again, they have given orders for QFS to be activated IN ALL BANKS IN THE WORLD. We are waiting for IQD to activate in Forex. Notifications should arrive after midnight, so keep an eye on your emails. The Precatorias - IMO is waiting to be released along with all the others as a shotgun release. 

Have a beautiful day. Take care, Wolverine. 

(Transcribed by Carpathia) 

NOTE FROM CARPATHIA: My dear Chosen Ones: each of you are like the stars of the universe: shining eternally above, never changing, always so beautiful throughout all these years, months and days, with your light of love expanding towards a great timeless infinity. I pray that our Dear God blesses each of you with this great gift to humanity in a short period of time. Stay strong, stay true to your dreams and always know that God is with you. With love, Carpathia.

TRANSLATION SPANISH

 CHAT EN VIVO DE WOLVERINE 8/9/2024

Parece que las cosas estΓ‘n listas para comenzar. Estoy recibiendo noticias de que Irak estΓ‘ listo para poner el Dinar en Forex, con suerte hoy. Si eso sucede, el RV comenzarΓ‘. Me han dicho que comenzarΓ‘n despuΓ©s de la medianoche de hoy. Y, cuando esto suceda, serΓ‘ real y serΓ‘ emotivo para todos nosotros. 

¡Los primeros en desaparecer son los bonos alemanes y los bonos del DragΓ³n Amarillo esta semana! 

TardarΓ‘n unos dΓ­as en llegar, y luego el resto de los bonos llegarΓ‘n en los prΓ³ximos dΓ­as. 

¡Ya han llegado las Γ³rdenes para que TODOS LOS BANCOS DEL MUNDO activen el QFS en todas las cuentas bancarias! ¡PrepΓ‘rense para eso! 


HabrΓ‘ algunos fondos en ese QFS de Nesara Gesara, ¡asΓ­ que verifiquen su banco para esos fondos! Creo que todo llegarΓ‘ a la vez. 

Precatorias tiene un problema geopolΓ­tico en Brasil con el gobernante; en mi opiniΓ³n, creo que todo es una tonterΓ­a, solo una tΓ‘ctica dilatoria. En mi opiniΓ³n, solo estΓ‘n esperando comenzar con el resto de nosotros como un lanzamiento de escopeta. Las Precatorias son un F&P y no son una parte real del proceso de redenciΓ³n. Se considera una bendiciΓ³n, por lo que tΓ©cnicamente estΓ‘n en el RV. 

No hay mucho mΓ‘s que decir. Se han dado las Γ³rdenes. 


Nos veremos maΓ±ana, tu lunes. Por lo tanto, es posible que recibas tus notificaciones tal vez despuΓ©s de la medianoche. 

Si recibes tu notificaciΓ³n, ponla en el canal en el que recibiste tus notificaciones, ya que aΓΊn no estarΓ‘s bajo NDA. 


Ha sido un desafΓ­o enorme y difΓ­cil para mΓ­, una montaΓ±a rusa muy difΓ­cil. No he podido dormir, ya que he estado tratando de obtener mucha informaciΓ³n para ti. 


Les deseo paz a todos y bendiciones. ¡Esperemos que maΓ±ana suceda con un arcoΓ­ris junto a mi ventana! 


* Nuevamente, han dado Γ³rdenes para que se active el QFS EN TODOS LOS BANCOS DEL MUNDO. Estamos esperando que IQD se active en Forex. Las notificaciones deberΓ­an llegar despuΓ©s de la medianoche, asΓ­ que estΓ©n atentos a sus correos electrΓ³nicos. The Precatorias - IMO estΓ‘ esperando ser lanzado junto con todos los demΓ‘s como lanzamiento de escopeta. 


Que tengan un hermoso dΓ­a. CuΓ­dense, Wolverine. (Transcrito por Carpathia) 


NOTA DE CARPATHIA: Mis queridos Elegidos: cada uno de ustedes es como las estrellas del universo: brillando eternamente en lo alto, nunca cambiando, siempre tan hermosos a lo largo de todos estos aΓ±os, meses y dΓ­as, con su luz de amor expandiΓ©ndose hacia una gran infinitud atemporal. Rezo para que nuestro Querido Dios los bendiga a cada uno de ustedes con este gran regalo para la humanidad en un corto perΓ­odo de tiempo. MantΓ©nganse fuertes, mantΓ©nganse fieles a sus sueΓ±os y sepan siempre que Dios estΓ‘ con ustedes. Con amor, Carpathia.


LATEST FROM MILITIAMAN, 9 SEPT

 Militia Man 

 It takes time to get things done.  Now we're watching all of these things come together at the end.  I think Iraq has made significant adjustments to what they've been doing.  I think their non-oil revenue streams is going to bring value to their country...Iraq...glory days was based off of just oil...Iraq has a lot more than just oil...Liquid natural gas, that's a massive amount of income.

  They used to burn it and flare it and just waste it.  Now they're going to produce it and ship it, likely to Europe...They're going to bottle that gas and sell it...They're not only going to increase their oil but they're going to increase their non-oil revenue streams.  That's where all the ability to be able to support the value of their currency...

 MILITIAMAN CC NOTES HIGHLIGHTS

Summary

The video discusses Iraq’s monetary policy, focusing on currency localization and upcoming meetings to address salary distribution and economic stability.

Highlights

  • πŸ’Ό Employee Salaries: Discussion on the ongoing crisis regarding employee salaries in the Kurdistan region and the need for localization.
  • πŸ“…  Key Meetings: Upcoming meetings between Iraqi finance officials and regional leaders to resolve salary issues.
  • πŸ“ˆ Monetary Policy: Insights into how open market operations will impact currency liquidity and Iraq’s economy.
  • πŸ”— Global Integration: Highlighting Iraq’s efforts for international currency integration and collaboration with global financial institutions.
  • πŸš€ XRP Mention: Reference to XRP’s role in aiding Iraq’s financial transactions and the upcoming Discord channel for discussions.

Key Insights

  • 🌍 Localization of Salaries: Localizing salaries through federal banks can streamline payments and improve transparency in employee compensation. This is crucial for economic stability.
  • 🀝 High-Level Meetings: The involvement of top officials from Baghdad and the Kurdistan region indicates a serious commitment to resolving outstanding economic issues that affect citizens.
  • πŸ“Š Open Market Operations: Iraq’s open market operations can significantly influence monetary policy, affecting inflation control and economic growth by managing liquidity effectively.
  • πŸ’‘ Technological Integration: The use of advanced technologies, including AI, in monetary policy management shows Iraq’s commitment to modernizing their financial systems for efficiency and transparency.
  • πŸ’± International Currency Strategy: Iraq’s collaboration with global financial entities like JP Morgan and the integration of XRP signal a strategic shift towards international currency operations, enhancing global trade.
  • πŸ”„ Banking System Overhaul: Proposed reforms in the banking sector aim to improve the efficiency of monetary supply and maintain price stability, which is vital for attracting foreign investment.

Fouad Hussein's Key Meeting with US on ISIS Coalition