Tuesday, March 18, 2025

DINAR REVALUATION: GEOPOLITICAL UPDATE OF IRAQ AND ITS CURRENCY , 18 MARCH

DINAR REVALUATION:  GEOPOLITICAL UPDATE OF IRAQ AND ITS CURRENCY 

Summary

A significant telephone conversation between the Iraqi Prime Minister, Al Sudani, and U.S. Secretary of Defense, Pete Heg, highlights a renewed commitment from the U.S. to maintain regional stability in Iraq. 

The ongoing confrontations between the U.S. and Iranian-backed Houthi forces in Yemen may further this goal by enhancing trade routes such as the Red Sea and Suez Canal, potentially reinforcing Iraq’s independence from Iran.

Additionally, there are important announcements for self-employed individuals regarding financial assistance programs from the Sick and Family Leave Credit (SATC), with claims potentially amounting to $332,000 for eligible years.

 On a technological front, the Central Bank of Iraq (CBI) is making strides to digitize its economy, intending to eliminate paper currency entirely. This transformative move aligns with the construction of a new CBI building, which aims to modernize Iraq’s financial infrastructure.

For those interested in alternative income opportunities, a new passive income generator is also highlighted, promising substantial returns with minimal effort. The current exchange rates for the Iraqi dinar against the dollar are shared, alongside predictions of rate changes due to the upcoming Ramadan celebrations.

Overall, this update not only outlines the current financial landscape in Iraq but also provides insight into the potential future developments that could impact the Iraqi dinar’s value and the financial well-being of its citizens.

Highlights

  • 🌍 U.S. and Iraq Commitment: Renewed assurances were made between the U.S. and Iraq for regional stability amid ongoing tensions.
  • 💰 Financial Aid for Self-Employed: Self-employed individuals can claim up to $332,000 from the SATC for 2020 and 2021.
  • 📉 Shift to Digital Currency: The Central Bank of Iraq plans to phase out paper currency entirely, currently reducing its usage by 50%.
  • 🏛️ New CBI Infrastructure: A new Central Bank building is being constructed to support the transition to a digital economy.
  • 📈 Potential Passive Income: A newly developed passive income generator is delivering consistent monthly returns for its users.
  • 💵 Current Dinar Exchange Rates: Today’s rates show the Iraqi dinar at 148,000 to buy and 148,250 to sell against the dollar.
  • 📆 Ramadan Rate Predictions: There are expectations of a rise in the dollar value due to the upcoming Ramadan festivities.

Key Insights

  • 🌐 Diplomatic Developments Strengthening Iraq’s Position:
    The phone call between Al Sudani and Heg represents a pivotal moment, suggesting that Iraq is gradually distancing itself from Iranian influence. The U.S. commitment to regional stability may encourage investments and economic growth in Iraq, enhancing its sovereignty.

  • 💵 Financial Support for Self-Employed:
    The announcement of available financial assistance through the Sick and Family Leave Credit marks a significant opportunity for self-employed individuals impacted by the COVID-19 pandemic. The potential for individuals to claim substantial sums reinforces the government’s acknowledgment of economic challenges during that period.

  • 🌟 Transitioning to a Cashless Economy:
    The Iraqi Central Bank’s roadmap to digitize its currency reflects a global trend towards cashless societies. By reducing reliance on paper currency, Iraq may enhance transactional efficiency, decrease corruption, and improve the overall economic landscape.

  • 🏗️ Investing in Financial Infrastructure:
    The construction of a new CBI building indicates Iraq’s long-term strategy in modernizing its banking systems. This investment is crucial for fostering technological advancements that will support the digital currency transition and could bolster economic stability.

  • 📈 Passive Income Generation Opportunities:
    The introduction of a passive income generator demonstrates an emerging trend where individuals can invest with the potential for significant returns. This concept challenges traditional income-generating methods and reflects increasing interest in alternative financial strategies.

  • 🔄 Dinar Exchange Rate Dynamics:
    The current exchange rate of the Iraqi dinar against the dollar suggests that the currency is relatively stable amid regional tensions. However, predictions of fluctuations during Ramadan highlight the volatility inherent in currency markets and the cultural factors influencing them.

  • 🎉 Market Anticipation Around Ramadan:
    Anticipations of dollar value increases during Ramadan illustrate the cyclical nature of local economies and their connection to cultural events. Understanding these patterns can inform better financial planning and investment decisions for those involved in the Iraqi economy.


DINAR REVALUATION REPORT: Will Iraq's Dinar Revalue in 2025? @DINARREVALUATION #iraqidinar

 


FRANK26: "IRAN'S LEADERSHIP NEEDS TO LOOK IN THE MIRROR", 18 MARCH

 KTFA

FRANK26: "IRAN'S LEADERSHIP NEEDS TO LOOK IN THE MIRROR"..........F26

Iran uses drones to monitor women's hijab


3/16/2025

 

Iran is using drones, facial recognition systems, and an app to enforce its compulsory hijab laws for women, according to a United Nations report.

The UN report indicated that Iran has begun to rely on technology to monitor and punish women who violate the mandatory dress code.

The Nazer mobile app is a key tool in this campaign. It is supported by the government and allows citizens and police officers to report women violators.

According to the report, the Nazer app allows users to upload a vehicle's license plate number, location, and time of day if a woman not wearing a hijab is spotted. The app then identifies the vehicle online and alerts the police.

The report also noted that the app sends an instant text message to the registered vehicle owner, warning them that a violation of mandatory hijab laws has been detected, and that their vehicle will be confiscated if they fail to comply.

The app, which is accessible through the Iranian Police website (FARAJA), was expanded in September 2024 to include women in ambulances, taxis, and public transportation.

Although the application was suspended in December 2024 following internal controversy, Iran's "Hijab and Chastity" bill continues to generate controversy in the country.

If passed, the law would impose penalties of up to 10 years in prison and fines of up to $12,000 for violations, according to the report.

Also, under Article 286 of Iran's penal code, women can face the death penalty if they are accused of "corruption on earth."

Furthermore, the law grants broader powers to Iran's security services and increases the use of technology and surveillance in implementing these measures, the report said.


LINK

 

CRYPTO TRADER UPDATE, 18 MARCH

 CRYPTO TRADER

#IQD Al-Sudani launches the "Eye of Iraq" app to provide digital services using artificial intelligence.
Image

MNT GOAT: Will we have to wait for this digital currency to RV? @DINARREVALUATION #iraqidinar

 


FRANK26: "DO YOU RECALL... WE SAID THESE SAME WORDS LAST NIGHT ON OUR UB2B?", 18 MARCH

 KTFA

FRANK26: "DO YOU RECALL... WE SAID THESE SAME WORDS LAST NIGHT ON OUR UB2B?"

Up to 25%... Continued delays and a growing deficit in the 2025 budget

 

3/15/2025

 

Baghdad

Financial and economic expert Haider Al-Sheikh revealed, on Saturday (March 15, 2025), the latest developments in the 2025 budget schedules, noting that the Ministry of Finance is still delaying its preparation so far.

The sheikh explained to Baghdad Today that “the ministry has not yet completed preparing the schedules, which postpones sending them to the Council of Ministers and then to the House of Representatives for a vote.”

While the sheikh denied reports circulating about the bill being referred to the government, he suggested it would likely be sent before the end of Ramadan, with the bill arriving in Parliament after Eid al-Fitr.

He pointed out that "the total budget for 2025 exceeds 200 trillion dinars, while actual expenditures amount to 150 trillion dinars, with a financial deficit amounting to 25% of the total budget."

The Prime Minister's financial advisor, Mazhar Mohammed Saleh, announced in a statement to the Official Gazette last Thursday that "the 2025 budget tables will be sent to the House of Representatives in the coming days," indicating that "the total budget amounts to 200 trillion dinars," noting that "two-thirds of the budget is for employees and retiree salaries, social welfare, and operating wages."

He revealed that "the hypothetical budget deficit amounts to 64 trillion dinars, and that it will be financed from domestic sources if oil prices fall below $70 or exports fall below 3.4 million barrels per day."


LINK


JON DOWLING : Quick RV Updates 14th March 2025, 18 MARCH

 JON DOWLING : Quick RV Updates 14th March 2025

Highlights

Summary

In the weekly RV report for March 14, 2025, John discusses several significant geopolitical and financial developments impacting global markets, with a focus on Iraq, 

cryptocurrency, and precious metals. He begins by affirming that he is not a financial advisor, stressing that viewers should use the information provided for their personal discernment. 

Key points include the announcement of payments to the Iraqi people, the potential political appointment of a new prime minister, the financial reforms in Iraq, and the implications of recent oil and gold prices. John also highlights the importance of developments in cryptocurrencies, 

specifically XRP, which is suggested to be adopted across the Middle East. He references prophetic insights related to XRP and financial trends, underscoring the necessity of preparedness in financial investments, especially in precious metals, as significant shifts in global economic structures appear imminent.

  • 📈 Iraq’s Payment News: Iraqi citizens will receive their long-awaited payments, indicating a shift towards financial stability.
  • 🔑 Corruption in Leadership: The likely appointment of corrupt Prime Minister Al-Sudani raises concerns about Iraq’s future governance; however, past leaders like Haider al-Abadi may be given another chance.
  • 🌍 International Alliances: A strategic partnership involving 12 countries, including China and the U.S., is formed, suggesting collaboration towards economic stability.
  • 📊  Record Gold Prices: Gold prices reach historic highs above $3,000, indicating an impending shift in wealth dynamics and the dismantling of traditional banking structures.
  • ⚖️ Cryptocurrency Adoption: The UAE and other Middle Eastern nations are moving towards adopting XRP as their primary digital currency, potentially transforming the region’s financial landscape.
  • 💹 Securities Law Developments: Awaiting a favorable outcome from the SEC lawsuit against Ripple, with XRP price predictions reaching between $5 and $30 following a settlement.
  • 🌌 Prophetic Insights: The late Kim Clement’s prophecies about XRP are emphasized, reinforcing believers’ faith in the cryptocurrency’s potential.

Key Insights

  • 🚀 Iraq’s Financial Reforms are Critical yet Delicate: While Iraq is on a promising path to reform, the mention of corruption and leadership changes destabilizes the situation. The anticipated reforms need to be managed carefully as external pressures, particularly from geopolitical rivals and internal dissidence, could affect their effectiveness. The outcome of these reforms is closely linked to international relationships and the broader context of regional instability.

  • 🪙 The Growing Precious Metals Market: With gold prices crossing $3,000 and silver experiencing significant price movements, a major uptick in interest could well result from fears around inflation and currency devaluation. Investors are advised to consider precious metals as a hedge against financial chaos, especially as inventory audits reveal possible shortages. This insight underscores the critical timing for investments in physical assets.

  • 🛢️ Oil Market Volatility: As oil prices fluctuate, their relationship with financial markets and geopolitical events highlights potential investments. The report indicates that if crude prices were to drop significantly, it could potentially trigger a surge in gold and silver prices, affecting curriculums in international monetary systems.

  • 🌐 XRP’s Emerging Dominance: The anticipated approval of XRP within Middle Eastern banking systems showcases

💰🇮🇶 IRAQ'S DIGITAL FINANCIAL TRANSFORMATION GAINS MOMENTUM

 💰🇮🇶  IRAQ'S DIGITAL FINANCIAL TRANSFORMATION GAINS MOMENTUM Iraq's Deputy Minister of Finance, Ali Karim, met with a World Bank ...