CBI ANNOUNCED THE IQD RV!!!! @DINARREVALUATION

WTO warns of trade war due to US tariffs, 6 APRIL

WTO warns of trade war due to US tariffs

Baghdad/NINA/ - WTO Director-General Ngozi Okonjo-Iweala warned of the risk of a trade war following US President Donald Trump's decision to impose new tariffs.

In press statements today, she said that the tariffs announced by the United States on Wednesday, in addition to those imposed at the beginning of the year, could lead to a contraction in global trade in goods in 2025 of about one percent.

Okonjo-Iweala indicated that this contraction represents a downward revision of about four percentage points compared to previous forecasts, adding that many WTO members have inquired about the potential impact of US tariffs on their economies and the global trading system, explaining that they are closely monitoring and analyzing the US measures.

She expressed deep concern about the possibility of the situation escalating into a trade war with a cycle of retaliatory measures that would further deteriorate trade. She noted that trade measures of this magnitude could lead to significant trade diversions, calling for responsible handling of emerging pressures to prevent the escalation of trade tensions. 

US President Donald Trump announced on Wednesday the imposition of comprehensive tariffs on US imports from various countries around the world, with the aim of supporting the US manufacturing sector. The tariffs on China amounted to 34 percent, and imports from the European Union were subject to 20 percent, in addition to tariffs of varying rates on a number of countries, and a minimum of 10 percent on US imports from all countries. / End

BRUCE UPDATE, 6 APRIL

 Bruce  

[via WiserNow]  

 Iraq needs...to get everything done by the 8th of April...the RV as we call it - would be on or before the eighth of April...

I believe they've already got everything that we know of accomplished.

 They've got lower denominations already in the ATMs and in the in the shops  and so on and they celebrated...

so I think everything's ready from the perspective that we know of...I've heard everything is done.Of course, we've heard that a lot...but I believe it is finally done.

DINAR EXCHANGE:BENEFITS AND RISKS OF THE RV THE IRAQI DINAR!! @DINARREVALUATION #iraqidinar

 

A high-level US trade delegation is expected to visit Baghdad, 5 APRIL

  A high-level US trade delegation is expected to visit Baghdad.

Iraq is anticipating the visit of a high-level US trade delegation comprising several major American companies. The visit is expected to strengthen relations between Washington and Baghdad in the areas of security, infrastructure, and energy.

This was announced by Farhad Alaa El-Din, the Sudanese Prime Minister's advisor for foreign affairs, on Friday, April 4, 2025. He explained that the delegation will arrive in Baghdad next week, and that an agreement is expected to be concluded between the American company General Electric and the Iraqi Ministry of Electricity to develop the electricity sector in Iraq.

The advisor noted that the agreement will help address Iraq's current electricity shortage, which stands at 48,000 megawatts.

Alaa El-Din added that the United States has significantly expanded its economic relations with Iraq over the past two and a half years, and that Washington is playing an increasingly important role in revitalizing the Iraqi economy.

The US delegation's visit was organized by the Iraqi Chamber of Commerce, and several agreements and memoranda of understanding are expected to be signed between the two sides, in addition to an agreement to develop the electricity sector.

Alaa El-Din also noted that Iraq seeks to leverage the capabilities of American companies to address the problem of flaring large quantities of associated gas due to the lack of adequate infrastructure.

The US trade delegation's visit comes amid US President Donald Trump's imposition of tariffs on several countries, including Iraq, which Trump announced on Wednesday night, April 2, 2025, at a rate of 39%.  link

TNT UPDATE, 5 APRIL

 FROM TONY TNT 

 "Yes, we got an update, yes they are still expecting it, but if I was going to tell  you anything today, right now,

 this would be it..our Federal Reserve and Treasury are saying they pushed everything to the banks last week, but they had not been given a date for it to go.

 The only thing they know for sure is that it is scheduled to be on Forex, on Monday. So any way you look at it it will be globally, internationally, on Monday, supposedly.

 The Big question is do we have to wait till Monday. I just received a message that we are to go live tomorrow, but we will probably have to wait till Monday.

 Right now it is scheduled to go tomorrow, because the ten days that Iraq requested is up tomorrow, so maybe they will push it out to us. Bank meeting were going on for a few days, and meetings conclude today.

 All bank personnel are working Saturday and Sunday as they are expecting to do it tomorrow. They did give me a timeframe, and I will give you a timeframe "tomorrow."  I will tell you, "tomorrow during the day."

 That is their plan right now. And you should be able to do exchanges tomorrow.  A whole lot of people knew this was already  happening, ,a guy who exchanged on Wednesday, will not get any money till Monday or Tuesday.

 The bank knew this and told him "you will be paid Monday or Tuesday."  he did not get 10% or any of it, but was told he would be fully paid on Monday or Tuesday. 

(in the middle of chat, Tony gets a special message and says:)  The window has been opened a whole lot further - he gave me the schedule for tomorrow, but now he says, "they will try to get it done tonight, this evening, into overnight if they can." 

 They had a window for tomorrow  - that window is moved to this evening or overnight. 

 So we know all the countries have the money, already, it has already been released to everybody, we know the banks have it, we got it from 3 letter agencies, it has all been released and sitting at the banks. 

 I was thinking they wanted to wait until Pres Trump announced the Tariffs, and see what it did to the global economy, to the banking system, which we waited for the tariff announcement, 

but today is the reaction, and now we have to wait for the reaction, markets are crashing around the globe, IF you guys are not paying attention. Especially OUR markets.

 The chance of a recession went up from 20 to 30% to over 60% today. This is a GLOBAL recession not just us. All based on this trade war we now find ourselves in.

 This morning China retaliated first at 34% tariffs, and Mexico, UK and Canada all said they will retaliate.

 They say right now there are hints at negotiating, even though, this morning, Pres Trump said he is not going to back down, but he is supposedly already negotiating. 

 And I must give Pres Trump this, that maybe it was his tactic the whole time. You are supposed to ask for more than you really want, so he has some negotiating room and then come down to where you wanted it to be.  Govts and countries are scared, but everyone's currency is going to change, this is a GCR, global currency reset.   This is the big chunk of news from the recording**

WOLVERINE:“ This was the holdup… now we are ready to go" @DINARREVALUATION #iraqidinarinvestor