DINAR REVALUATION

Friday, October 18, 2024

MILITIAMAN: MM&C News Reporting - Iraq Dinar Updates

Iraq Participates in GITEX 2024 to Enhance Cooperation in Technology and Cybersecurity, 18 OCT

Iraq Participates in GITEX 2024 to Enhance Cooperation in Technology and Cybersecurity

10/17/2024

Chairman of the Communications and Media Commission Ali Almoayyed participated in the 44th edition of GITEX Global 2024, which was held at the Dubai World Trade Center under the slogan “Global Cooperation to Shape the Future Economy Based on Artificial Intelligence.”

His media office stated in a statement received by {Euphrates News}, that “this exhibition is considered one of the largest global events specialized in technology and emerging companies, as it attracts a large number of governments, investors, major companies and experts from various sectors.”

He added: “The event is a platform to enhance global cooperation between governments, companies and investors, in addition to supporting start-ups and promoting innovation in academia and research circles.”

This year, GITEX Global 2024 will feature more than 6,500 companies from over 180 countries, with a focus on showcasing investment opportunities in advanced technology, cybersecurity, data protection, and artificial intelligence technologies.

The exhibition contributes to enhancing international cooperation in modern technology, providing governments and start-ups with unprecedented investment opportunities in various vital sectors. LINK

RV UPDATE BY BRUCE, 18 OCT

Thurs. 17 Oct. 2024 Bruce

Your R&R monies will already be in your Quantum Account that you will activate when you do your exchange.

You will have a new email account set up at the Redemption Center.

Your Quantum Card will only be used to transfer funds from your Quantum Account to your Master bank account with Wells. You can transfer to other banks from there.

A source at Social Security reported that Social Security increases are not going to be in October, but will be in the month of November. You will get your added payment (a 80% to 100% increase from what you are presently receiving) a week after you get your regular payment.

Bond Holders have been told they will receive their emails Thurs, Fri or Sat that would inform them of when they will have access to their accounts – which will likely be on Tues. 22 Oct.

They are rolling out the toll free numbers to Tier4b (us, the Internet Group) likely by Mon. 21 Oct. and we will be able to set appointments on Tues. 22 Oct.

BRICS are intending to bring out their Reserve Currency on Tues. 22 Oct.

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Bank refuses to receive Iraqi dinar, 18 OCT

A citizen A. H. sent a message to the “Open Door” page urging Prime Minister Mohammed Shia al-Sudani, Central Bank Governor Ali Mohsen al-Alaq, and the relevant authorities to take the matter into consideration and take the necessary steps.

In his message, the citizen stated: I went to a government bank in Baghdad on Thursday, October 10, to pay $78 for a visa to one of the Asian nations. Everything was satisfactory, the bank was well-managed and well-organized. I was hopeful about that, but when it was my turn to deposit the money and write the paper, the employee surprised me by saying that we do not deal in dinars and refused to accept any money in Iraqi dinars. I informed him that Master or Visa could be used to pay, given that both cards are issued by the same bank, but he again refused and asked me to deposit only in dollars. At the point when I asked him where I can get the dollars from now, he let me know that there is a trade office nearby the bank that you can purchase from.”

I was considerably more shocked that an administration bank wouldn’t acknowledge the Iraqi dinar and encouraged me to purchase from an unfamiliar trade office. In any case, I was compelled to visit the exchange office, where I was informed that the selling price was 1545 dinars for every dollar. I was unsure whether to purchase at the comparable price or decline. It would mean that the visa would not be processed if I refused. Despite my dissatisfaction with the price and the bank’s actions, I decided to purchase.

Standing in front of the bank gate, one of them casually stated to me: We should purchase at the market cost.” I responded, “Yes, regrettably.”

I left the bank in the wake of finishing the exchange, and many inquiries were at the forefront of my thoughts, including the number of individuals that were in my circumstance and why an administration bank rejects the Iraqi dinar. I remembered that when I applied for residency in Turkey years ago, they only accepted money in Turkish lira and refused to accept any foreign currency. The same is true in other countries like Jordan, the UAE, and others.

The most pressing concern on my mind is: In the midst of this, how will currency speculation be dealt with?

TNT TONY UPDATE, 18 OCT

TNT Tony

Everything that was holding up the RV has been settled. The RV was supposed to happen on Saturday.

Tony says there’s not going to be a war over there. The banks have a date and time. It’s between now and Sunday.

Could be two hours after this call. Tony will not be given a date and time beforehand.

We will have 10 days to redeem Zim, after that we’re out of luck.

According to the three letter agencies it’s going to happen before Sunday.

Everyone is excited for the rv again (because there isn’t going to be a war)