Tuesday, March 18, 2025

TIDBITS FROM FRANK26, 18 MARCH

  Frank26 

 You think it's been difficult Wait till this thing happens, oh my dear God.  You're going to have to make decisions you've never made before.  

How are you going to move a million dollars?  How are you going to protect it?  Where are you going to move it?  Who's going to move it for you?  Who are you going to trust?  Did you calculate the taxes?

  [Security and stability] is not just because of the Iraq dinar/the Iraqi monetary reform of their currency.  

It's not just because of that.  That's part of it yes, everybody knows what the Iraq currency is about to do.  No it's not a secret.  But there are other things that have brought security and stability.

https://dinarevaluation.blogspot.com/2025/03/tidbit-from-frank26-15-march_01977401645.html

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What's the reason why we don't have the new exchange rate for the new currency Iraq to give purchasing power to the Iraqi citizens?  What's the reason why? 

 Why don't we have it?  Is it because the weather is too hot?  Is it because we have an alignment of stars? 

 Is it because the leadership in Iraq, 

Sudani, he's just a bad man?  What is the reason why we don't have the monetary reform with a respectable exchange rate that the world wants Iran...security

 Do we have security with Iran?  No...[but] the security and stability of the Middle East is spreading.

PIMPY: This means the Iraqi dinar has grown in value!! @DINARREVALUATION #iraqidinarinvestor

 


FRANK26: "THE IQD EXCHANGE RATE... FREED FROM IRANIAN SHACKLES!!!", 18 MARCH

 KTFA

FRANK26: "THE IQD EXCHANGE RATE... FREED FROM IRANIAN SHACKLES!!!".......F26

Iraq Freed from "Iranian Shackles" as Al-Sudani Visits Basra to Follow Up on Gulf Gas Import Project

 

3/15/2025

 

- Basra

 

Prime Minister Mohammed Shia al-Sudani will arrive in Basra Governorate tomorrow, Sunday (March 16, 2025), to follow up on the work of the floating gas pipeline project, in a crucial step to secure the country’s energy needs after the expiration of the US waiver for importing Iranian gas.

Ali Al-Mashkoor, a member of the Oil, Gas and Natural Resources Committee and representative of Basra Governorate, revealed in a statement to Baghdad Today on Saturday (March 15, 2025), that “the Ministry of Oil began working on the project 30 days ago, and is proceeding at an accelerated pace to complete it within 120 days, with the completion rate so far reaching more than 33%.”

He added, "Iraq is moving towards contracting with Qatar and the Sultanate of Oman to import 200 cubic meters of dry gas," noting that "the Ministry of Oil has begun constructing a pipeline extending from the Khor al-Zubair docks to the Shatt al-Basra Regulator, 40 km long and 42 inches in diameter, in accordance with international standards."

He stressed that "the project is being implemented by purely Iraqi hands, including national effort cadres from the Oil Projects Company, which enhances Iraq's ability to implement strategic projects on its own."

He stressed that "the directives of Oil Minister Hayan Abdul Ghani call for expediting implementation to ensure the pipeline's readiness before the summer season, which witnesses a sharp increase in demand for electricity."

Iraq has long relied heavily on Iranian gas to power its power plants, importing approximately 40% of its energy needs.

However, this reliance has made Iraq vulnerable to political pressures and fluctuations resulting from US sanctions on Iran, which require periodic waivers from Washington to allow continued gas flow.

On March 8, the US waiver expired, meaning Iraq is no longer officially able to import gas from Iran without facing legal and economic consequences.

With the arrival of summer, when electricity demand peaks, urgent action was needed to find alternatives that would stable energy supplies.

According to experts, this project falls within the Iraqi government's vision to enhance energy security and reduce waste in the oil and gas sector. It also aims to create local job opportunities through Iraqi-led project implementation, thereby enhancing the country's energy independence.


LINK

TIDBITS FROM NADER FROM THE MID EAST, 18 MARCH

  Nader From The Mid East

  I tell you about three things. 

 Trade, private sector, which it's now very very good...You're going to see a lot of thing about the private sector how good it become and how good they invest into it and the third thing it's Forex. 

 These three things you have to watch...

https://dinarevaluation.blogspot.com/2025/01/tidbit-from-nader-from-mid-east-17-jan.html 

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  • 📅 The 2025 budget is expected to be presented to the Iraqi parliament before Ramadan ends.
  • 🤝 An agreement exists among key government bodies regarding budget schedules.
  • 📜 Article 77/2nd of the 2023 budget law mandates annual submissions by the Ministry of Finance.
  • ⚖️ Recent amendments to Article 12 of the budget law address disputes between the Kurdistan Region and the federal government.
  • 🏛️ The Iraqi Council of Representatives is set to vote on the amended budget law.
  • ⏳ Delays in budget submission are attributed to ongoing negotiationsand amendments.
  • 💰 The resolution of budget disputes is critical for the stability of the Iraqi economy.
  • https://dinarevaluation.blogspot.com/2025/03/nader-from-mid-east-iraq-budget-i-think.html

REINALDO JC: Seems like rate change dependent to resume the OIL @DINARREVALUATION #iraqidinarinvestor

 


FRANK26: "THAT'S A JOKE, WHAT'S IT WORTH 2 PENNIES?, 18 MARCH

 KTFA

FRANK26:  "THAT'S A JOKE, WHAT'S IT WORTH 2 PENNIES?".......F26

Iran issues new 200,000 toman banknote

Iran issues new 200,000 toman banknote

3/15/2025

 

The Central Bank of Iran issued a new series of 200,000 toman banknotes on Friday.

According to the Central Bank, the new design features a check featuring an image of the Ruhollah Khomeini Mosque in Isfahan, while the reverse features a painting by Mahmoud Farshchian called Choghan.

Iran is witnessing an unprecedented surge in popular protests, with the economic situation worsening and the national currency collapsing to record lows. The US dollar has reached 95,300 tomans, while the price of a gold bar has exceeded 79 million tomans.

This decline in the currency's value follows statements by Iranian Supreme Leader Ali Khamenei, in which he reiterated his rejection of negotiations with the United States, leading to heightened uncertainty in the markets.


LINK

SANDY INGRAM: Zimbabwe has pulled a fast one on the global stage, 18 MARCH

 Sandy Ingram  

Zimbabwe has pulled a fast one on the global stage. 

 The new gold backed zig is worth 8 cents.  We can only hope that one day soon Iraq will have the same value or more...

Zimbabwe is pulling a "Switzerland" on the global economy, meaning it is making its currency difficult to obtain...

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The Iraqi parliament remained at a standstill locked in a political deadlock that showed no signs of easing.

  Lawmakers continued their boycott refusing to attend sessions as long as the popular mobilization forces services and retirement law remained off the agenda.  Behind the scenes the Coordination Framework...had been leading the boycott...

This has been going on since the start of 2025.   Without enough members present to reach a quorum the country's legislative process has

stopped.  The mounting frustrations is enabling a new debate, should Iraq hold early elections?  Should parliament be dissolved?