My CBI contact has told me this relationship should be good and not all based on sanctions. She believes our delay in theProject to Delete the Zerosis based on waiting to see how this relationship is fostered.
It is now the say after the Trump inauguration and so let’s wait and see how this all plays out.
Anyone who tells you that this investment in the Iraqi dinar is just a pipe dream, then refer them to my blog for advice.
Maybe they were just listening to the wrong people…
The CBI has specifically told us many times these larger notes will still exists and will be used behind the scenes for “inter-banking” transactions. Of course they will be taken out of the mainstream circulation but will still remain as legal tender.
My CBI contact also told me the CBI was forced politically to print these notes because of the demand to satisfy the visually impaired.
IRAQ ISSUES NEW BANKNOTES WITH INNOVATIVE SECURITY FEATURES FOR THE VISUALLY IMPAIRED.. PHOTOS
The Central Bank of Iraq has unveiled the security marks of the circulating banknotes, with the aim of educating the public, as well as companies and commercial banks that deal with these banknotes on a daily basis.
The Central Bank reviewed these improved security features, through a technical bulletin, which was received by Shafak News Agency, indicating the introduction of prominent features on the new banknotes to enable the visually impaired to identify the banknote denominations by touch.
😊What will the foreign policy of the US towards Iraq look like? In the article titled“IRAQ TELLS US IT LOOKS FORWARD TO STRENGTHENING COOPERATION WITH AMERICA UNDER TRUMP” On Saturday, Foreign Minister Fuad Hussein informed the United States of Iraq’s aspiration to enhance bilateral cooperation under the upcoming US administration headed by Donald Trump.
My CBI contact has told me this relationship should be good and not all based on sanctions. She believes our delay in the Project to Delete the Zeros is based on waiting to see how this relationship is fostered. It is now the say after the Trump inauguration and so let’s wait and see how this all plays out.
In this next article titled “AL-SUDANI: IRAQ IS A PIVOTAL PARTNER AND NATIONAL DECISION-MAKING SOVEREIGNTY IS A PRIORITY”we get a taste of what this relationship with the UK and the US might look like. In the article Prime Minister al-Sudani stressed that Iraq has a special status in dealing with the will to survive, stressing that “the Iraqi people are among the most proud and self-confident personalities, and cannot be subject to anyone, whoever they may be.
The Prime Minister said, in an interview with Elaph website: Washington is a major partner of Iraq, and the government is working to build a stable institutional relationship with it, noting that the government is determined to build a new Iraq based on its cultural heritage.
Al-Sudani pointed out that portraying Iraq as subordinate to any country contradicts the historical character of the country,” stressing that “the relationship between Iraq and the United Kingdom enjoys a unique special status.”
He added that “Baghdad is working to build a stable institutional relationship with Washington, as the United States remains a major partner of Iraq, and we are committed to a policy of openness and true partnership,” indicating: “Today we are facing a new stage in our relationship with the United Kingdom and the US, and Iraq plays a pivotal role as an effective mediator between various regional parties, and Baghdad has become a center for calm dialogue that aims to bridge the gap between the parties.” Folks this is al fantastic news for us.
IRAQ CALLS ON THE WORLD TO CONDUCT A COMPREHENSIVE REFORM OF THE FINANCIAL SYSTEM AND A DIALOGUE ON TECHNOLOGY GOVERNANCE
The representative of Iraq to the United Nations in New York, Abbas Kazim Obaid, in his capacity as Chairman of the Group of 77 and China, delivered the group’s statement during the session of the United Nations General Assembly in which the Secretary-General reviewed the priorities of his term for the year 2025, in light of the circumstances and challenges facing the international community.
In his statement, the representative of Iraq stressed the complex and interconnected global challenges, including ongoing conflicts, the effects of climate change, poverty, hunger, high debt levels, limited financing for the Sustainable Development Goals, and the growing digital divide. He stressed the need to support developing countries in financing sustainable development through the Fourth Conference on Financing for Development.
He called for a comprehensive reform of the global financial system to address structural inequalities, ensure equitable access to long-term finance, and advance sustainable development efforts. He also stressed the importance of fully implementing the decisions of the Conference of the Parties on Climate Change, while supporting the Secretary-General’s efforts to achieve the Sustainable Development Goals by 2030.
Obaid also called for a comprehensive international governmental process to address the digital divide, the establishment of an independent scientific team for artificial intelligence, and the launch of a global dialogue on technology governance.
😊Next, haven’t you been reading all the articles of these economists and from Saleh the financial advisor to Al-Sudani, telling us that a very large portion of the cash mass is still out of the banks and being held by the citizens.
There is even an article in the news this period of the news titled “LIQUIDITY CRISIS IN IRAQ IS “WORSENING”.. 70% OF MONEY IS HOARDED IN HOMES”. Did you read it?
Folks this is NOT a coincidence that this article is in the same batch of very recent news along with the article above I just told you about. We must keep asking ourselves why to they make these statements in the timely manner in which they do.
We must connect the dots to see what is going on. However, what they don’t talk much about in this article is the stashes of cash we as foreign investors also have outside the country. They will also need to retrieve these dinars from us investors too.
How will they do this? Of course, only a certain amount of these older, larger notes will remain in the banks and the CBI has a projected amount that may be needed. The rest will be collected and burned.
What else is in the recent news from Iraq?
😊As usual I want to point out what I feel is the most important article(s) of the news period. They are titled “AL-SUDANI’S VISIT.. A TURNING POINT IN IRAQI-BRITISH RELATIONS” and “AL-EIDANI: AL-SUDANI’S VISIT TO BRITAIN RESULTED IN REMOVING IRAQ FROM THE RED LIST FOR RISK ASSESSMENT”.
In the articles they point out that since the moment Prime Minister Mohammed Shia al-Sudani’s plane landed at Stansted Airport east of the capital, London, 111 years have passed since Iraqi-British relations, which began with the defeat of the Ottoman army in the Basra garrison in 1914, and continued until 1918 with the expulsion of the last Ottoman soldier from Kirkuk, thus announcing the end of five centuries of control and tyranny.
This relationship, which began with the British occupation, has developed over the decades to take a different form in the modern era. This news alone is HUGE!
I also believe this is incentive by Great Britian (UK) to work with Iraq due to their failing economy and the need for energy supplies. Also, I believe this is huge news as the UK is now recognizing Iraq as a potentially strong global leader both in economics and finance.
What countries have the largest financial centers on the planet? Of course, the US is still number one followed by Great Britian.
So are they trying to tell us something in partnership with Iraq? Could Iraq be the next giant? It’s as if the UK is now also saying that Iraq can be on the level of “equals” and no longer just a third world, impoverished nation.
WOW! Folks this is an historical event. How will this payoff for Iraq in the coming months or years? Just getting removed from the “RED LIST” is huge in itself.