Iraq attempts to encourage Amazon to build facilities in Iraq
3/20/2025 Baghdad –
The Director of the General Company for Post and Savings, Zainab Abdul-Sahib, revealed on Wednesday that the Iraqi Ministry of Communications is trying to encourage Amazon and SHEIN to establish branches in Iraq.
In a statement to the state news agency (INA), Abdul-Sahib said that the required facilities and warehouses to establish branches of international e-commerce companies in Iraq have been set up.
The Iraqi official explained that the launch of an e-commerce platform in Iraq has become imminent.
Plans have been developed for 2025 following the establishment of the fundamental infrastructure by the Ministry of Communications,
according to Abdul-Sahib.
In order to stay up with global developments, the Iraqi government started planning in 2023 to turn the country’s postal system into automated services as part of its digital transformation initiatives.
Increased internet penetration and changing consumer behavior are two factors that have contributed to the enormous growth in e-commerce in Iraq in recent years. Additionally, this change has increased Iraq’s need for trustworthy e-commerce platforms. LINK
I'm told there are people receiving payments in Zurich, but once the flow of money in Reno is confirmed, the dinar will appreciate. There is conflicting information that only two currencies might be available, the dinar and the Vietnamese, but I'm not sure; They just tell us. I don't know if that will be the case.
I want to tell you to keep in mind that overnight, if we wake up, the dinar appreciates, and even if we get the market exchange rate, it will be a blessing for everyone. Let's not get carried away by greed, because everything will come with time. I've been following this since 2009 and we're closer than ever, but it's never been so exciting. (Listen to the audio for more details.)
JEN: We were waiting for the release of funds, and they said it would happen today. Today it is happening. What we needed to know was what we had to do to get a rate. On Monday we learned that most payers have funds to distribute. They will do it this week. Approximately 90% of the other levels are complete.
I asked what needed to happen to issue 4B notices. We need the release of funds to be completed. I asked him, "When will they do it?" He answered: "Tomorrow" (that is, today). Then, if a person is found, notifications will be issued on March 19, 2025; We could be a day late.
I asked today and was told there is a good chance there will be a rate change in Iraq tonight and we will wake up to notifications. Either that, or tomorrow night. Either way, we've been moving forward. Others are being paid and we are finishing the other levels. There is no other way but up, friends.
Have everything ready. Stay tuned to your emails, because we're right there. Eliminating the terrorists was important, although we did political things to prevent Iran from controlling Iraq, they had their henchmen everywhere, in the form of terrorists, and Trump sent people to pave the way and avoid retaliation against Iraq when they change their exchange rate, and when that happens, we will see the exchange rates of different currencies rise on Forex... (listen to the audio for more details).
TRANSLATION IN SPANISH
WOLVERINE CHAT PART. 3
Me han dicho que hay gente que recibe pagos en Zúrich, pero una vez que se confirme el flujo de dinero en Reno, se revalorizará el dinar. Hay información contradictoria sobre que solo dos monedas podrían estar disponibles, el dinar y la vietnamita, pero no estoy seguro; simplemente nos lo dicen. No sé si así será. Quiero decirles que tengan en cuenta que, de la noche a la mañana, si nos despertamos, el dinar se revaloriza, e incluso si obtenemos el tipo de cambio de mercado, será una bendición para todos. No nos dejemos llevar por la avaricia, porque todo llegará con el tiempo. He seguido esto desde 2009 y estamos más cerca que nunca, pero nunca había sido tan emocionante. (Escuche el audio para más detalles).
JEN: Estábamos esperando la liberación de fondos, y dijeron que ocurriría hoy. Hoy está ocurriendo. Lo que necesitábamos saber era qué teníamos que hacer para obtener una tasa. El lunes supimos que la mayoría de los pagadores tienen fondos para distribuir. Lo harán esta semana. Aproximadamente el 90% de los demás niveles están completos. Pregunté qué debía suceder para emitir
las notificaciones 4B. Necesitamos que se complete la liberación de fondos. Le pregunté: "¿Cuándo lo harán?". Me respondió: "Mañana" (es decir, hoy). Luego, si se encuentra a una persona, las notificaciones se emitirán el 19 de marzo de 2025; podríamos tener un día de retraso. Pregunté hoy y me dijeron que hay una gran probabilidad de que haya un cambio en la tasa en Irak esta noche y que nos despertemos con las notificaciones. O eso, o mañana por la noche. De cualquier manera, hemos estado avanzando. Se les está pagando a los demás y estamos terminando los demás niveles. No hay otro camino que subir, amigos. Tengan todo listo. Estén atentos a sus correos electrónicos, porque estamos ahí mismo. Eliminar a los terroristas fue importante, aunque hicimos cosas políticas para impedir que Irán controlara Irak, tenían a sus secuaces por todas partes, en forma de terroristas, y Trump envió gente para allanar el camino y evitar represalias contra Irak cuando cambien su tipo de cambio, y cuando eso suceda, veremos cómo suben los tipos de cambio de diferentes divisas en Forex… (escuchen el audio para más detalles).
FRANNK26: "CASH STERILIZATION = REMOVING THE 3 ZERO NOTES & THE USD IN IRAQ"....F26
The Central Bank of Iraq lists the reasons for the decline in foreign exchange reserves.
3/19/2025
The Central Bank of Iraq announced on Wednesday a decline in its foreign exchange reserves during the third quarter of 2024, explaining the reasons behind this decline.
The bank stated in a report seen by Shafaq News Agency that "Iraq's foreign currency reserves decreased by 0.52% during the third quarter of 2024, reaching 143.35 trillion dinars, compared to the same period in 2023, when reserves reached 144.10 trillion dinars."
The bank attributed this decline to "the Central Bank's resort to withdrawing cash liquidity from the market through enhanced cash sterilization operations, as part of its efforts to maintain monetary stability."
The report added, "As a result of these measures, cash receipts increased from 18.46 trillion dinars to 20.09 trillion dinars during the same period."
He also pointed out that "the decline in oil prices from $82.2 to $77.3 during the same period was another factor in the decline in foreign reserves."
The bank explained that "the increase in receipts led to the depletion of a portion of net foreign reserves, and the issued currency increased from 100.06 trillion dinars to 104.13 trillion dinars, as a result of the increase in public spending, which in turn led to an increase in public debt."
The Central Bank emphasized that "despite this decline, it still possesses large net foreign reserves relative to the money supply, which makes it relatively secure, according to international financial standards that set a minimum of 20%."
It is worth noting that the internal monetary sterilization policy involves the central bank selling or buying financial assets in foreign currency with the aim of avoiding impacting the monetary base and limiting the effects of inflation resulting from cash flows.
More than 70% of the 3-zero notes have been collected. My friends (firefly in Iraq) they don't have 3- zero notes to even use.
The streets have been wiped out...There is no liquidity...They collected all the American dollars...They [saying they] don't have a liquidity issue because they got a whole bunch of lower notes that are about to be give...
In the beginning, the exchange rate is looking for at least 1 to 1 with the American dollar, not to be matched with it but to be paired with it and possibly a basket of international currencies with value for each other.
Then later on the Real Effective Exchange Rate will come in a float...As the whole world uses your currency it will climb in international value by trading it...using it...selling it, by crossing it from bank to bank, platform to platform.
The dinar will grow internationally, then at that point the CBI will control this financial growth of your exchange rate by monitoring it and then capping it at a specific number that was tested and approved through the RV phase of your monetary reform.
FRANK26: "YOU'RE LUCKY, HE NORMALLY GIVES 30 DAYS... KTFA, THIS IS SECURITY & STABILITY!!!".....F26
Tump gives Iran two months to negotiate its nuclear program or face being targeted.
3/19/2025
US President Donald Trump gave Tehran two months to reach a new nuclear agreement before he would launch military action against Iran's nuclear facilities, according to a letter he sent to Iranian Supreme Leader Ali Khamenei .
Axios reported on Wednesday, citing informed sources, that "Trump's letter to Iranian Supreme Leader Ali Khamenei included a two-month deadline to reach a new nuclear agreement ."
According to the website, "It is not yet clear whether the countdown to the deadline begins from the time the letter is delivered or from the moment negotiations begin, but Iran's rejection of Trump's initiative and refusal to enter into negotiations could increase the likelihood of "American or Israeli military action against Iranian nuclear facilities ."
Two weeks ago, Trump said in an interview with Fox News that he had sent a letter to Iran's Supreme Leader proposing "direct negotiations ."
The next day, he said the United States was "in its final moments with Iran," adding, "They cannot be allowed to have a nuclear weapon. Something will happen soon." He emphasized, "I would prefer a peace agreement, but the other option will solve the problem ."
Informed sources said that Trump's message to Khamenei was "harsh in tone," offering to negotiate a new nuclear agreement but "warning of dire consequences if Iran rejects the offer and continues with its nuclear program ."
Sources explained that Trump stressed that he "does not want open-ended negotiations," and set a deadline of "two months to reach an agreement."
