Frank26
Salaries need a new exchange rate...The same thing with the HCL.
Do you see the HCL?
No. Give me a new exchange rate. It's that simple.
Do you see the salaries?
No, still nothing. Give me a new exchange rate. It's that simple.
Do you see the lower notes they keep talking about?
No. Give me a new exchange rate...By the way they are giving them a
new exchange rate IMO..Baghdad-Mil
The State Administration Coalition confirmed its commitment to the principles stressed by the religious authority in its latest statement, emphasizing the necessity of keeping Iraq away from the atmosphere of war in the region, and announced its support for amending one of the articles of the federal general budget.
A statement by the coalition stated that “the State Administration Coalition held its regular meeting today, Wednesday, in the presence of Prime Minister Mohammed Shia al-Sudani and Speaker of the House of Representatives Mahmoud al-Mashhadani. The meeting discussed the most important issues and developments in Iraq and the region, and the next stage was addressed, as well as the integration between the executive and legislative authorities, in a way that achieves the interest of the people, and the emphasis on resolving the basic laws that contribute to codifying executive procedures, in addition to discussing the expected ministerial amendment.”
He added that “the attendees welcomed the resolution of the issue of the presidency of the House of Representatives, as it is a constitutional entitlement that enhances joint national action,” noting that “the Prime Minister reviewed the progress made in implementing the government program, in light of the passage of two years of the government, which was able to accomplish important national files that fall within the priorities and targets of its executive program.”
He pointed out that “the meeting stressed the importance of extending the second legislative term of the House of Representatives, given the circumstances of the stage and the challenges that Iraq is going through, as well as stressing support for the step of amending one of the articles of the federal general budget related to oil,” indicating that “the meeting witnessed an emphasis on commitment to the principles stressed by the supreme religious authority in its recent statement, which contribute to building a state of institutions and paving the way to achieving a better future for the country.”
The statement continued, “The attendees stressed Iraq’s principled position in standing with the Palestinian and Lebanese peoples against the sinful Zionist aggression, and condemning the crimes of genocide committed by the occupying entity against defenseless citizens,” adding: “The rumors about using Iraqi territory as a starting point for carrying out attacks were also refuted, considering them flimsy justifications to justify the aggression on Iraq’s land and sovereignty. The joint work and the presentation of the country’s supreme interest were also emphasized, and keeping Iraq’s territory away from the atmosphere of war, which the occupying entity seeks to expand and drag the region into with the aim of destabilizing security and stability.”
MIKE BARA
The Bondholder: “Now that the election is over, we’ve got the green light 🚦
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Fri. 1 Nov. 2024 Mike Bara
French President Hopes To Organize The Third Baghdad Conference As Soon As Possible
Shafaq News / French President Emmanuel Macron expressed his hope to work with Iraq to organize the third Baghdad conference as soon as possible.
This came in a letter sent by Macron to his Iraqi counterpart Abdul Latif Gamal Rashid on the occasion of the country’s National Day, as announced by the Presidency of the Iraqi Republic in a statement on Thursday.
In the letter, Macron stressed his determination to “stay by Iraq’s side by supporting its security, stability and sovereignty.”
“During my visit, Mr. President confirmed the pivotal role played by Iraq in the region, so we share the same concern regarding the expansion of the circle of conflict in Gaza, which has spread to Lebanon and threatens the security of the Middle East,” he added.
“I hope that Iraq will continue to prevail the language of the regional dialogue, in this context I hope that we can work together to organize the third Baghdad conference as soon as possible.”
The office of Iraqi Prime Minister Mohammed Shia Al-Sudani and French President Emmanuel Macron announced in August 2023 that the third edition of the Baghdad Conference on Regional Stability – co-organized by Paris – will be held in late November in the Iraqi capital.
https://www.shafaq.com/ar/سیاسة/الر-يس-الفرنسي-ي-مل-تنظيم-م-تمر-بغداد-الثالث-في-قرب-وقت
Mnt Goat
...when you go to the bank to exchange the US Treasury is going to fund the initial exchange for the bank. It is all electronic...The US Treasury will own then own dinar. These banks will then turn a profit with the US Treasury for being the broker in the exchange.
It will benefit them to collect as much of the 3 zero notes as possible...
The US Treasury will keep a certain amount of the three zero notes for inter-banking and global trade with Iraq... Iraq has already guaranteed oil credits at so much a barrel...
The US Treasury fully intends to also sell these oil credits at a profit margin to other countries needing the Iraq oil.
I have asked my CBI contact multiple times on the fixed credit rate and I got varied amounts from $30 – 35 a barrel. So, it is not like Iraq has to shell out trillions back to the US to cover the cost of the funds for the exchanges. ..
https://dinarevaluation.blogspot.com/2024/11/tidbit-from-mnt-goat-6-nov.html
Mnt Goat
Article: "AL-ALAQ: THE VOLUME OF CURRENCY IN CIRCULATION EXCEEDS 100 TRILLION DINARS"
Quote: “Today, we have more than 100 trillion dinars in circulation (issued currency), not all of the money supply, and reserves of more than 100 billion dollars, which means that the Central Bank has achieved an important basis for monetary stability,”
explaining that “inflation is the basic measure of the Central Bank’s ability to perform its mission and basic function. It is less than 3.8%, which is considered a typical percentage that actually achieves stability and prosperity.”
https://dinarevaluation.blogspot.com/2024/11/tidbit-from-mnt-goat-4-nov.html
MILITIAMAN CC HIGHLIGHT NOTES Summary Iraq’s Central Bank is finalizing its new building, Turkey supports Kurdish oil exports, and budget ...