MELANIA HINDS CC NOTES HIGHLIGHTS ABOUT : "WILL IRAQI DINAR REVALUE THIS WEEKEND" , 14 SEPT

 MELANIA HINDS CC NOTES HIGHLIGHTS ABOUT : "WILL IRAQI DINAR REVALUE THIS WEEKEND" 

Summary

Iraq is progressing towards becoming a first-world country with significant military purchases and economic reforms, sparking excitement about the potential revaluation of the Iraqi dinar.

Highlights

• ✈️ Military Advancements: Iraq is purchasing advanced missile systems from South Korea to enhance its air defense.
• 🌍 Economic Growth: Iraq is diversifying its economy and maximizing non-oil revenues.
• 📈  Potential Currency Revaluation: There is increasing chatter and anticipation regarding the Iraqi dinar’s revaluation this weekend.
• 🏦 Banking Reforms: Iraqi banks are undergoing reforms, aiming for compliance with international standards.
• ⚡ International Presence: Iraq is set to host the UN in January, indicating its growing global significance.
• 💰 Social Security Updates: Discussions on social security increases and access to funds in Quantum accounts are highlighted.

Key Insights

• 🔍  Strategic Military Purchases: Iraq’s acquisition of advanced missile systems reflects its commitment to national security and modernization, positioning it as a more formidable player in regional politics.
• 💵 Economic Renaissance: The focus on diversifying the economy beyond oil signifies a strategic shift that could lead to sustainable growth and stability in Iraq’s financial landscape.
• 📊 Revaluation Speculation: The heightened excitement around the Iraqi dinar’s potential revaluation indicates a pivotal moment for investors and citizens alike, hinting at economic recovery.
• 🏦 Banking System Overhaul: Reforming the banking sector is crucial for Iraq’s financial integration into the global economy, which could enhance investor confidence and market participation.
• 🌐 International Engagement: Hosting the UN demonstrates Iraq’s increasing role on the global stage and its efforts to strengthen diplomatic relations.
• 🔗 Quantum Financial System: The discussions surrounding Quantum accounts highlight the shift towards digital finance, indicating a modern approach to managing national and individual wealth.
• 📈 Social Security Developments: The anticipated increase in social security benefits reflects ongoing efforts to support citizens amidst economic changes, emphasizing the importance of social safety nets.

AL-SUDANI ANNOUNCED PLANS TO ENHANCE THE VALUE OF THE DINAR AT THE END OF THIS YEAR @DINARREVALUATION

DINAR REVALUATION REPORT: Mohammed Shia al-Sudani's Economic Plans for Iraq in 2024, 14 SEPT

 Mohammed Shia al-Sudani's Economic Plans for Iraq in 2024

In a significant development for Iraq's economy, Prime Minister Mohammed Shia al-Sudani announced plans to enhance the purchasing power of the Iraqi dinar, aiming to improve the financial well-being of all Iraqis as of September 13, 2024. 1 This initiative is part of a broader strategy to stimulate economic growth and stability in the country.

Since taking office, al-Sudani has been focused on revitalizing Iraq's economy and addressing long-standing issues of corruption and underdevelopment. His government's efforts to boost the dinar's value are indicative of a commitment to strengthening the national currency and enhancing the standard of living for Iraqis.  3

Challenges and Opportunities

The success of al-Sudani's economic plans hinges on several factors, including the stabilization of Iraq's political environment and the diversification of its economy beyond oil revenues. The country has faced challenges from internal conflicts, regional tensions, and external pressures, which have impeded economic progress. 5

Internal Dynamics

Internally, al-Sudani must navigate complex power dynamics among various ethnic and sectarian groups within Iraq. His government's ability to implement reforms and gain the trust of all Iraqi communities will be crucial for the success of his economic agenda. 4

Regional and International Factors

Externally, Iraq's economic stability is influenced by regional tensions and global economic conditions. The ongoing conflict in neighboring countries and fluctuating oil prices can impact Iraq's economic prospects and the effectiveness of al-Sudani's policies. 2

Conclusion

As of September 13, 2024, Mohammed Shia al-Sudani's commitment to enhancing the purchasing power of the Iraqi dinar represents a pivotal moment in Iraq's economic trajectory. The implementation of these plans could significantly impact the financial stability and quality of life for Iraqis, provided the government can overcome internal and external challenges.

EXCERPTS FROM MARKZ, 14 SEPT

EXCERPTS FROM MARKZ

MZ: Is there a lot of chatter and anticipation about this weekend?  Yes.  There is lovely chatter from Iraq and a couple of groups. Just the bond side is eerily quiet.

Member: If I signed an NDA- I would be quiet as well…so that is understandable. 

MZ: That is exactly what I think is happening. I have had a contact or two tell e they cannot talk- they have an NDA. So maybe there is more movement there then is obvious to us. 

Member: Silence everywhere. This could be a good thing!!

MZ:: There are tons of rumors for this weekend. I do not know if they are accurate or not. It is clearly within a window and there is a lot of excitement. We will see what the weekend brings.

Member: I wonder -are the redemption centers working the weekend?

MZ: My banking crew have a “heightened alert “ for this weekend. I am hoping this means something, but we have seen this before. So stay hopeful but calm. 

Member: There is a buzz now…..I can feel it in the air.

MZ: The anticipation is palatable…all around the world….people know something is about to happen. We can feel it. 

Member: If Sudani said it will be done this year…..we have a 3 ½ month window. 

MZ: He said it would be done in this term…this year they would raise the value and give purchasing power to all Iraqis with the dinar. 

IRAQ BOOTS ON THE GROUND REPORT BY FIREFLY, 14 SEPT

 Frank26 

  [Iraq boots-on-the-ground report]   

FIREFLY: Mr Sammy [Bank manager friend] says soon Iraq will be complete with banking reforms but not to look for new rate until by end of year...

 FRANK: I think right along with you because Sudani made that promise and...that was a holy solemn oath.  You can't break that...Twice he's said this year and now he says the reform education is almost done.

----

ABOUT THE 2024 COMMERCIAL ATM BANK WITHDRAWALS, 13 SEPT

Frank26   

 [Iraq boots-on-the-ground report]   

FIREFLY:  We are seeing a commercial on TV.  It's 5 or 6 minutes long showing our new cards we are going to be receiving in the mail very shortly they tell us.  They're showing the citizens going to banks and ATMs getting money out.  They are showing us how to do this...This informational stage we are in is like Mr. Sammy [Bank friend] said, it will last for the rest of the year. 

 FRANK:  The commercials are now starting because Alaq has returned...

https://dinarevaluation.blogspot.com/2024/09/about-2024-commercial-atm-bank.html

US Troops to Withdraw from Iraq by 2026: What It Means

DINAR REVALUATION REPORT: US Military Presence in Iraq Post-Withdrawal: Details as of September 2024, 14 SEPT

 US Military Presence in Iraq Post-Withdrawal: Details as of September 2024

As of September 2024, the United States and Iraq have reached a significant milestone in their negotiations regarding the presence of US forces in Iraq post-withdrawal. 1 The preliminary agreement includes the maintenance of a small military force in the Kurdistan Region to provide security guarantees for the Kurds against Iranian-backed militias. This decision underscores the strategic importance of the region and the need for continued security presence amidst regional tensions.

The Residual Force in Kurdistan

The US is expected to maintain a small military presence in the semi-autonomous Region of Kurdistan. 1 This decision comes as part of a broader agreement that includes the withdrawal of most US troops from Iraq over the next two years, with the residual force focused on providing security in the Kurdistan region. The move is seen as a security guarantee for the Kurds, who have faced threats from Iranian-backed militias.

The Global Coalition's Role

Currently, the US has around 2,500 troops in Iraq and approximately 900 in neighboring Syria, serving as part of the Global Coalition formed in 2014 to combat ISIS.  1 This coalition includes forces from countries such as France and the United Kingdom. The agreement between the US and Iraq aims to gradually reduce this presence, with the departure of hundreds of Coalition troops by September 2025 and the remainder leaving by the end of the following year.

The Withdrawal Agreement

The agreement for the withdrawal of Coalition forces from Iraq is largely finalized, pending final approval from both countries and an official announcement. 1 The announcement was initially expected weeks ago but was delayed due to regional tensions linked to the war in Gaza and ongoing negotiations over remaining details.

Iraq's Perspective

Iraqi Prime Minister Mohammed Shia Al-Sudani's advisor, Hussein Alawi, has indicated that a joint announcement on the planned withdrawal will be made soon. 1Alawi noted that Baghdad wants to restore relations with the US to their pre-2014 status, emphasizing that the need for the Global Coalition ended with the defeat of ISIS and that Iraqi forces are now fully capable of handling security matters efficiently.

The US and Iraq's Future Relations

The agreement marks a significant shift in US-Iraq relations, reflecting Iraq's desire to assert more control over its security and sovereignty while maintaining a strategic partnership with the US. The maintenance of a small force in the Kurdistan region is a compromise that acknowledges the ongoing security challenges in the area.