NADER FROM MID EAST: Inflation down to 3% cool #iraq #usa #IQD # USD

"WELCOME BACK, AL-MASHHADANI". BY FRANK26, 3 NOV

 KTFA 

FRANK26:  "WELCOME BACK, AL-MASHHADANI"............F26

Al-Mashhadani is the new speaker of the Iraqi parliament

 

10/31/2024

 

Al-Mashhadani is the new speaker of the Iraqi parliament

LINK

#########

 

Biography of the Speaker of the House of Representatives Mahmoud Al-Mashhadani

 

10/31/2024

 Mahmoud Daoud Salman Musa Al-Mashhadani (May 20, 1948-), an Iraqi politician and the first speaker of the Iraqi parliament after the US invasion of the country.  He chaired the Iraqi Council of Representatives from 2006 to 2009 and was elected again today, October 31, 2024. He was also elected President of the Arab Parliamentary Union in 2008.
 
He was born in Baghdad in 1948 and completed his primary and secondary education there. He joined the College of Medicine in 1966 and obtained a bachelor's degree from the College of Medicine and graduated with the rank of First Lieutenant Doctor in 1972. He worked as a doctor in the Iraqi army.
Al-Mashhadani participated in the political process after 2003, as he was the first speaker of the Council of Representatives after the fall of the former regime. He was the head of the Political Bureau of the Call and Guidance Organization and participated in the establishment of the National Dialogue Council in 2004. He was also elected as a member of the Constitution Drafting Committee in the same year. After winning membership in the Iraqi Council of Representatives, he was elected Speaker of the Council on March 16, 2006 until December 23, 2008. He was elected President of the Arab Parliamentary Union in 2008.

LINK

TIDBIT FROM MARKZ, 3 NOV

 MarkZ

  [via PDK] 

 Question:  Will redemption center bankers be working this weekend.  

MarkZ:  Two out of 3 told me they will be working this weekend. 

At least half the weekend. Don’t know if its more preparation to be ready…or if they hope to actually be processing people.

MELANIA HINDS: Understanding Iraqi Dinar Value: The Time is Now #iraqidinar #dinar #cen...

The Iraqi Bank for Trade clarifies the procedures of money transfers and combating money laundering, 2 NOV

 The Iraqi Bank for Trade clarifies the procedures of money transfers and combating money laundering

Economy News – Baghdad

The Iraqi Bank for Trade (TBA) announced on Saturday that the percentage of remittances increased to 400 transfers, while clarifying the procedures of money transfers and combating money laundering.

“After the recent decisions taken by the bank’s management as directed by the Prime Minister to open a deposit center, additional branches were opened and working hours were increased from 7 am to 3 pm,” the bank’s media adviser Aqeel Al-Shuwaili said in a televised interview, followed by “Econonomy News”, pointing out that “these decisions contributed significantly to reducing the momentum.”

He added that “the percentage of transfers increased from 250 to more than 400 various transfers daily within the Iraqi Bank for Trade in all branches, which can be increased,” noting that “we have branches that are still under construction that will be opened soon and there are employees with experience, and their number will be increased.”

For her part, the head of the remittances department at the Iraqi Commercial Bank, Ruqa Abdul Rahman, stressed that “the role of the bank is important and effective in determining remittances through the Central Bank’s platform based on the directives of the Prime Minister,” adding that “the bank receives daily requests for the implementation of between 400 to 500 transfers, and remittances that do not meet the conditions are rejected from the documents, because the transfer passes several steps until the final stage of implementation in the remittances section is reached, or the invoice is missing or copies of the identities or documents belonging to the customer himself.”

She continued: “Companies are required to have an account in the Trade Bank (TPE) with the submission of invoices with new dates, the address and information of the person or company to which the transfer is being transferred, benefiting from the final amount, and must be between the transfer applicant and the final beneficiary, in addition to other documents of the identity and papers of the company itself certified and complete.”

She pointed out that “the problem occurs in the case of the merchant wants the transfer quickly, and it is in place with several procedures until it reaches the final stage, and its papers may be incomplete or the branch lifts them and stands at a certain point in the system, and this causes a delay in the transfer, so we emphasize customers to complete the papers of invoices and information before the execution of the transfer, and sometimes the correspondent bank asks for the depositor of the amounts so that there is correspondence between us and him until the conviction is made, and most of the rejecters have a lack of documents and the conditions are not met for the transfer.”

She continued: “When transfers are submitted to the branch, the anti-money laundering department enters and the audit is submitted to the second auditing company, which takes its time, and when it returns to us in it, it is approved, and the audit is carried out again to go to the branch to do the necessary procedure, after which it is submitted to the transfer department and the transfer is carried out between 5 to 7 days,” noting that “the Iraqi Bank for Trade is sober and a wide network of correspondents so that it made customers come to the bank through the Central Bank platform to benefit from the exchange rate approved by the Central Bank and the senior management working on establishing new branches that attract good cadres and increase the percentage of work and remittances.”

In this regard, the head of the Money Laundering and Terrorist Financing Department, Dina Ahmed Farhan, explained that “the most important thing in the transfer is the customer and when he writes a transfer for a certain amount from the application company with the complete papers and the amount, these lists are submitted with the application to the Central Bank platform for approval and attach with it the requirements of the audit company and the requirements of the international company that sends the transfer, in addition to the identities and passports of shareholders, institutions, the negotiating manager and agent.”

She continued: “The account opening form contains family information, name, residence, phone number, monthly forecasts, account transaction amount and private business information to know the customer what he is doing, to know if their names are available to know if they are included in the local and international ban lists and the bank’s list.”

She explained, “There are certain percentages to know if the project can be managed first, audited and reviewed, the primaries to go to the platform, and an agreement comes that turns to Excel, then goes to (K2), an international auditing company in America to check even the beneficiary who is sent company information, papers, email, phone number and address. Sometimes this company cancels many requests because they are unconvincing companies, and they have special sites and metrics that many companies are audited and about 20 companies have been prevented from dealing with them in China, and we have many companies and traders whose papers are seized before they enter the platform." 

STATUS OF THE RV BY MNT GOAT, 2 NOV

STATUS OF THE RV

No, the RV has not yet happened! No, the US dollar is still the Federal Reserve Note. No, and certainly the Central Bank of Iraq (CBI) HAS NOT changed its name to “Sovereign Bank of Iraq” (SBI). 

Folks when you hear all this kind of foolishness and nonsense by these intel gurus on their calls or sites such as Bruce (the Big Stupid Call) or TNT Tony or Frank26 then just ignore it, please! 

They are idiots and just pass on these stupid notions from some group of other idiots in the background using them and making fools of them, only they don’t know it. 

Bruce even tells his listeners that a 100 Trillion Zimbabwe note (that is now null and void per 2016) will be exchanged for 100 trillion US dollars. Yes, he says 1:1. Folks, the entire annual budget for the entire US government is only about $48 Trillion dollars. Do you really think that you are going to be given 100 Trillion dollars? Really? Well…you too are stupid if you buy into this crap! Yes, you are stupid, and I said it. 

The banking system cannot and will not even begin to handle this amount of money, never mind the economy. Where in hell would all this money come from? No, it’s not coming from some hidden away fund from China…lol..lol..lol. Or from some vast amounts of WWII gold stashed from the Nazis..lol..lol..lol.. What if you have 100 of these 100 trillion ZIM notes? You would be what- A zillionaire? Is there such a thing…lol..lol..lol… If true, but it’s not, we would see massive inflation beyond what any country has ever experienced if this was true on what Bruce says. Really now, just how STUPID can a person be? He also thinks that because his call is now broadcasted on the StarLink satellite and has the ability to reach 18 million people, that all 18 million actually listen to his twice weekly calls. Folks, if you think this is all beyond crazy even, it is. This guy is a “nutcase”. There is a sanity issue here…. But I have to tell you Bruce is not alone.

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

CBI ANNOUNCED THE IQD RV!!!! @DINARREVALUATION