DINAR REVALUATION

Monday, October 21, 2024

Coffee with MarkZ. 10/21/2024

In Baghdad Palace.. Presidencies discuss electing a parliament speaker, approving laws and financial issues , 21 OCT

In Baghdad Palace.. Presidencies discuss electing a parliament speaker, approving laws and financial issues

10/19/2024

The President of the Republic, Abdul Latif Jamal Rashid, the Prime Minister, Mohammed Shia Al-Sudani, and the Judicial Council, Faiq Zidane, discussed the files of electing a new Speaker of the Council of Representatives, approving important laws, and continuing to finance ministries from the federal budget in Iraq.

According to a statement received by Shafaq News Agency, the attendees at the Baghdad Palace discussed the issue of the presidency of the Council of Representatives and the efforts made to expedite the resolution of this entitlement, and stressed the support of these efforts in a way that contributes to achieving the supreme interest and strengthening the role of the Council of Representatives in integration with the executive and judicial authorities.

The presidents discussed the reasons for the delay in presenting some important draft laws prepared by the presidency of the republic and the necessity of including them on the council’s agenda in its upcoming sessions, in addition to reviewing the judicial procedures taken in the context of publishing and media crimes, and monitoring cases of violations against the systematic campaign launched by some suspicious pages to target the presidencies, ministries, and state institutions, and prosecuting their perpetrators in accordance with the provisions of the law.

The meeting also discussed the government measures taken on the financial side, in order to ensure the financing of ministries and governorates from the investment budget and the regional development budget, in addition to preparing the appropriate environment and logistical requirements for the Independent High Electoral Commission, to begin its preparations for holding the parliamentary elections scheduled for next year.

The attendees stressed the importance of conducting the population census as a developmental goal for the country on which economic and social policies, plans and programmes depend.

They also discussed the overall situation on the regional scene, developments in the "Zionist aggression on Palestine and Lebanon", and the efforts made to contain these attacks and strengthen the unity of the political position towards protecting Iraq and its people from any possible escalation. LINK

RV UPDATE BY WOLVERINE, 21 OCT

Sun. 20 Oct. 2024 Wolverine

“It’s all happening this week by the grace of God. Have faith and don’t ever lose it. One of the World’s most noted Whales has just been called in to fly to a certain destination. This is about to kick off. It looks like groups are getting ready now. Foundation groups are getting ready.

Please pray my friends. I’m so emotional now that I wish I could tell you more but it’s looking really good for this week. Please God let it happen.

…My sources say everything is going this week. I have absolute faith we will go this week. It’s all happening this week by the grace of God. Have faith and don’t ever lose it. Things started. The green light was given in Zurich as sovereign whales are advancing rapidly and some receiving payment.

We are expecting to blast off on Monday for our big D day in Reno. They are putting the codes in to be started. The QFS has been officially established as our payment system. The US will introduce the new strong dollar on Nov 6.

The USN has started digitally. They are already doing trading using USN, but the ones in the states will be the physical note. The commercial digital dollar is now being used as Swift system is gone. Reno is moving the money to Zurich paymasters so they will be ready to start Monday. There are reports that German bond holders are getting funds.

MARKZ: What Happens If Iraq Goes First ?:CONCERNS ABOUT " THE DOUBLE DI...

Iraq’s oil exports to Czech Republic to replace Russian supplies, 21 OCT

Iraq’s oil exports to Czech Republic to replace Russian supplies

Baghdad (IraqiNews.com) – The Minister of Foreign Affairs of the Czech Republic, Jan Lipavsky, said on Friday that Iraqi oil supplies to the Czech Republic should replace oil supplies from Russia starting in 2025.

Lipavsky’s remarks took place during his meeting with the Iraqi Minister of Foreign Affairs, Fuad Hussein, in the capital of the Czech Republic, Prague, where they discussed investment opportunities for Czech companies and the security situation in the region, according to the Iraqi Foreign Ministry.

In a joint press conference following the meeting, Hussein expressed gratitude to the Czech Republic for its unwavering support of Iraq in different fields and emphasized the need to promote cooperation to defuse the crisis in the Middle East and prevent the war from spreading to other countries.

In light of the effects of the current drought on Iraq, Hussein also reaffirmed Iraq’s desire to benefit from the Czech enterprises’ experience in areas of clean energy and water management as well as addressing the effects of climate change.

The meeting addressed strategies to increase trade exchange between the two countries as well as investments in the Iraqi oil sector to diversify oil exports to European countries.

In light of the experience of the Iraqi security forces in fighting terrorist groups, the two sides talked about security cooperation and the exchange of intelligence information.

Q & A - Member - What's your view on this one with regards to "double dipping", Ginger?

💢Ginger: For the most part it's pretty much accurate - but the point is we'll only get one chance at a special rate or contract rate. And true -- they DO NOT want people exchanging one currency and using their funds to turn around and buy more currency or bonds to then get a HUGE return on investment. That's not really fair and I agree with it.

But no they cannot stop you from exchanging the foreign currency for the street rate.

It's true that you will only have one opportunity to get the special rate (for speculators in this who are awake and very aware like you and me are) or the contract rate. So IMHO it makes sense to do it all at once.

But other baskets of currency are expected to revalue at a later date.

I would presume more than six months or more down the road. If you buy some of that now, before the Camper Event begins, I don't see why someone wouldn't be able to exchange when the future baskets of currencies revalue.

IMHO it wouldn't be fair for them to stop you.

But yeah, if you use revalued rate on VND to buy said "future baskets" - yeah, I agree that would be shady.

For me, personally, I don't care about Future Baskets Revaluing. I've known about this Camper Event since 2009 and when I go - I'm Done with it. Like stick a fork in me DONE. No interest in riding this rollercoaster 🎢 anymore, once I go camping. Finito!

Does this help hon? 🙂