🔥WOOOOOOOOOOOOOOOOOOOW🔥 Trump's Bold Move: Iraqi Officials' Billions Seized! @DINARREVALUATION #iqd

 

Warning About Canceling The Electronic Platform: It May End The Banking System In Iraq, 2 DEC

 Warning About Canceling The Electronic Platform: It May End The Banking System In Iraq

 
November 30, 2024  Baghdad/Iraq Observer  The Central Bank of Iraq intends to cancel the “electronic platform” for financial transfers early next year.
 
The researcher and specialist in financial and banking affairs, Mustafa Hantoush, says that the Central Bank of Iraq, by not finding real solutions for remittances and moving towards topping the platform (Fitr) and handing over the Iraqi dollar to (4) banks owned by investors and banks ( Jordanian and Gulf), will fire the coup de grace on the entire Iraqi banking system. Hantoush added during his speech to the Iraq Observer,

 “The banking system in Iraq as a whole will become punished, which will lay off approximately (100) workers in the Iraqi private banking sector for the benefit of Jordan and the Gulf countries.”

He continued,  “He may demand social welfare for them, and the stability of the exchange rate will become difficult due to the monopoly of the dollar by those banks, and it may cause new fluctuations in the exchange rate.”

The financial expert continues, “Thus, the   Central Bank of Iraq is failing in one of   the most important banking policies, which is the policy of achieving competition in the banking sector and preserving banking sovereignty.

Thus,  we call on the Central Bank to provide certain solutions, including extending work on the (Fitr) platform in coordination with the new administration of the United States of America.”

He continues by saying,  “Iraqi banks must be guaranteed to open accounts in dollar-denominated correspondent banks (Citibank/GBMorgan), as the countries of the region have done.”

JULIAN ASSANGE : ABOUT THE MED BEDS, 2 DEC

 JULIAN ASSANGE 

ABOUT THE MED BEDS

WED. 27 NOV. WHAT WILL MED BED DISCLOSURE LOOK LIKE, Skye received this info from Military running the Med Bed disclosure operation.

· SCOTUS is supposed to announce the Brunson results, which will trigger the release of the website for phone numbers to book Med Bed appointments. Skye will be given the info and will pass it on to us.

· About a week after the Brunson announcement, Kerrie-Ann will then be asked to do her Live-Streamed Med Bed procedure.

· The entire time the procedure is happening the camera will be on Skye in the Med Bed. We will actually see the changes in real time! (Now that blew my mind!

· When the filming of Skye stops, the live stream will continue for 10 hours.

· The name of each country, worldwide in alphabetical order will be shown on the screen with the phone number for their Med Bed appointments.

· THAT IS THE FULL DISCLOSURE OF THE MEDBEDS TO THE PUBLIC. This will run continuously for 10 hours.

· We WILL have the numbers before this happens.

MAJEED: Iraq is done & Ready to roll the new rate tomorrow GOLDEN AGE IS COMING!! @DINARREVALUATION

 

Speculators, Crisis Traders, And 1,200 “Unlicensed” Money Exchange Shops..The Reasons For The Fluctuation Of Dollar Prices In Iraq, 2 DEC

 Speculators, Crisis Traders, And 1,200 “Unlicensed” Money Exchange Shops..The Reasons For The Fluctuation Of Dollar Prices In Iraq

 
Economy ​ 11-28-2024, |Baghdad today – Baghdad  Today, Thursday (November 28, 2024), economic expert Samir Al-Nusairi revealed the reasons for the fluctuation in the exchange rate of the US dollar in stock markets, while confirming the existence of 1,200 unlicensed money exchange shops.

l-Nusairi told “Baghdad Today” that “once again the fluctuation in the exchange rate of the US dollar is back to the fore, and this time by speculators and merchants of crises and wars, exploiting the war that the Zionist entity is currently waging against our people in Palestine and Lebanon and the confusing security conditions resulting from that.”

He added, "The continuation of this problem from time to time can be attributed to several reasons, including before 2023 the
 
     lack of control over the regulation of foreign trade financing, the
 
     lack of a clear trade policy, the
 
     intertwining of policies, and the
 
     lack of an annual import program for the private sector in quantities and amounts. Rather, imports are open and without controls." For external transfers. He pointed out that "the
 
     lack of control over illicit imports and unofficial border crossings, in addition to the presence of about

  1,200 currency exchange shops spread across all governorates that are not licensed by the Central Bank , deal in cash dollars, and about
 
     12,000 outlets for disbursing the salaries of retirees and social welfare deal in trading it at the exchange rate on the black market.". 

He pointed out that   "most of the merchants who obtain the US dollar at the official rate from the Central Bank, but sell their goods in the local market at the black market price, as well as the  absence of global correspondent banks previously that deal with our banks and no accounts were opened for them in the currencies of the countries with which we have extensive trade exchange." Such as China, India, Turkey and the Emirates.

He explained that "the   failure of merchants and some banks to adhere to international banking standards that guarantee the dollar's access to the final beneficiary, so the
 
efforts of the Central Bank and the government in 2023 focused on drawing up a strategy for financial and banking reform for the purpose of controlling the stability of the exchange rate."

He explained, "Among the axes of this strategy are
 
     organizing the financing of foreign trade,
 
     building new international understandings with international banks, and
 
     opening accounts for our banks in correspondent banks, where
 
     more than 30 accounts have been opened with American, Chinese, Emirati, Turkish, and Indian banks.

We expect that the number of banks will increase over the next two months." Iraqi women who have accounts in correspondent banks due to the efforts made by the Central Bank to provide aid and assistance to them and coordinate with the targeted correspondent banks.”
 
The dollar exchange rates in local markets witnessed a state of fluctuation during the current week between rises and falls, which created a state of confusion among citizens.   
 
https://baghdadtoday.news/262905-مضاربون-وتجار-أزمات-و1200-محل-صرافة-غير-مجاز.-أسباب-تذبذب-أسعار-الدولار-في-العراق.html   

MILITIAMAN CC HIGHLIGHTS NOTES, 2 DEC

 MILITIAMAN CC HIGHLIGHTS NOTES

Summary

Iraq is advancing its financial inclusion with electronic payments, non-oil revenue agreements, and substantial foreign investments, signaling economic growth.

Highlights

• 🏦 Central Bank of Iraq promotes electronic payments to reduce cash dependency.
• 🌍 Foreign investments in Iraq reach $62 billion, highlighting economic potential.
• 💼 Kurdistan region agrees to share non-oil revenues with the federal government, stabilizing finances.
• 🚧 Upcoming projects aim to boost infrastructure and housing, enhancing local economy.
• 📈 Electronic payment systems expand access for citizens, increasing financial literacy.
• 🛤️ Iraq and Spain solidify partnerships for railway projects, fostering international cooperation.
• 🏖️ Focus on tourism and non-oil revenue aims to diversify Iraq’s economy and reduce dependency on oil.

Key Insights

• 📊 Financial Inclusion: Iraq’s push towards electronic payments is crucial for modernizing its economy. By reducing cash transactions, it aims to increase transparency and efficiency in financial dealings. This transition is essential for fostering trust in the banking system.
• 🏗️ Investment Growth: The reported $62 billion in foreign investments indicates a renewed confidence in Iraq’s economic stability, largely due to government reforms and international partnerships, which could lead to sustained economic growth and job creation.
• 🤝 Kurdistan Revenue Sharing: The agreement on non-oil revenues between the Kurdistan region and Baghdad is a significant step toward financial stability, ensuring timely salary payments to public employees and enhancing regional cooperation.
• 🏡 Infrastructure Development: The emphasis on housing projects reflects the urgent need for improved living conditions in Iraq. This not only addresses housing shortages but also stimulates job creation and economic activity in construction.
• 💳 Digital Transformation: The increase in electronic payment cards and POS devices signifies a cultural shift towards cashless transactions, making financial services more accessible to all citizens and encouraging responsible financial behavior.
• 🚂 International Collaboration: Iraq’s partnership with Spain for railway projects exemplifies its strategic focus on infrastructure development, which is essential for connecting markets and enhancing trade routes.
• 🌟 Tourism Potential: The initiative to promote Baghdad as a tourism capital emphasizes the country’s diverse attractions and its potential to generate non-oil revenue, contributing to economic diversification and resilience.

MAJEED: IRAQ IS ADJUSTING SALARIES WITH THE NEW RATE & STABILIZING THE I...