MIKE BARA: " It was supposed to "go" last night" @DINARREVALUATION

 

US media: Biden to announce ceasefire in Lebanon at 10 pm, 26 NOV

US media: Biden to announce ceasefire in Lebanon at 10 pm

 American media reported that President Joe Biden will announce a ceasefire in Lebanon at ten o’clock tonight.

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The Zionist entity’s government is scheduled to hold a meeting on Tuesday to discuss a proposed plan.

“Significant progress has been made toward reaching a ceasefire agreement,” said US State Department spokesman Matthew Miller, adding, “but we have not reached an agreement yet and nothing is final until everything is achieved.”

The United States is pushing for an agreement to end more than a year of fighting between Hezbollah and the Zionist entity, which has escalated over the past two months, raising fears of a wider conflict in the region.

Meanwhile, the French presidency announced that discussions on a ceasefire between the occupying entity and Hezbollah “have made significant progress,” shortly after senior Lebanese sources said that US President Joe Biden and French President Emmanuel Macron are expected to announce a truce within 36 hours.

Lebanese political sources confirmed that international resolution 1701 is the only reference for the ceasefire agreement, noting that Lebanon has provided everything it has, and that the agreement will be implemented in stages.

Earlier on Tuesday, Lebanese Foreign Minister Abdullah Bou Habib announced that Lebanon would deploy 5,000 troops in the south under a ceasefire agreement with Israel.

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" It was supposed to "go" last night" BY MIKE BARA, 26 NOV

MIKE BARA

Tuesday Update

It was supposed to "go" last night.

 TS reported that the Dinar rate was showing on Redemption Center screens at $13.00 USD,

 then he took it down. 

Iraqi contacts confirmed this. 

Unfortunately, the process went past the self-imposed deadline of the opening of the US stock markets this AM.

 Everything is reset for another try at it overnight tonight, which will put it in alignment with, but not beholden to, the Gazette being published Wednesday. 

That's all I have. Take it with a grain of salt.

FIREFLY: ECONOMIST ON TV ARE EXPLAINING THE PROCESS OF THE RV AND THAT THE PLANS OF RV IS DONE!!

 

Draft amendment to first budget law is discussed at a meeting of the Financial Committee, 26 nov

Draft amendment to first budget law is discussed at a meeting of the Financial Committee

The Parliamentary Financial Committee held a meeting today, Tuesday, to discuss the draft law on the first amendment to the Federal Budget Law for the fiscal years (2023-2024-2025). 

 The reporter of the Iraqi News Agency (INA) said: "The Parliamentary Financial Committee held a meeting today to discuss the draft law on the first amendment to the Federal General Budget Law for the fiscal years (2023 - 2024 - 2025) No. (13) of 2023."  

He added that "the meeting included discussing the report of the Financial Committee on the draft law of the Center for Banking Studies to submit it to the second reading, as well as discussing the proposal for the first amendment to the law of the General Authority for Monitoring the Allocation of Federal Imports No. (55) of 2017, in addition to discussing the proposals of the Finance Committee on the law of the first amendment to the National Authority for Nuclear and Radiological Regulation Law No. (1) of 2024."

He added that "during the meeting, they discussed subject of database servers of Rafidain Bank."  
 
 He pointed out that "the issue of interpreting the provisions of Article (2) / first - (18) of the budget law on the extent to which agricultural and residential areas are included in the electricity distribution network was also discussed."

EXCERPTS FROM MARKZ, 26 NOV

 EXCERPTS FROM MARKZ

MZ: I have a number of bond contacts that reached out today to let me know that they are expecting  timing and procedures updates tomorrow to let them know how they are handling the first 1%...times are ranging from mid- afternoon to evening tomorrow. So I should have an update tomorrow night what bond folks are hearing and expecting. 

MZ: “Relationship on the closing of the platform . There is no sudden transition but rather a gradual transition that will be completed within two weeks” Here are your banking changes. Alak announced today that their banking system is at its best. The process began in 2024 and there is 5% left to be completed within the next 2 weeks. Before Victory Day on Dec 10th I hope and pray it is done by then. 

MZ: There are a whole lot of folks that say all these things coming together means a rate change. I believe them to be accurate. 

MZ: If we are still sitting here after Dec 10th I am really gonna start to wonder.

MARKZ: " If we are still sitting here after Dec 10th I am really gonna start to wonder" @DINARREVALUATION