Militia Man
Agriculture and residential fields - that all take really big money to build that. That's comes back to the budget.
They're not going to be able to build industrial refineries and stuff like that at 1310.
They've never done it before why are they going to do it today? They're not. It'd be just like suicide. Think about it, if you have a real effective exchange rate and the dinar is much stronger than the dollar it becomes far cheaper to build this out.
KTFA
FRANK26: "THE RIGHT STEPS IN THE RIGHT DIRECTION"......F26
5/13/2025
Sources revealed that Iranian Supreme Leader Ali Khamenei has given the green light to the Iranian negotiating delegation with the United States to agree to a partial freeze on uranium enrichment, if the negotiations so require.
This information, reported by Sky News, came after a fourth round of talks between Iran and the United States regarding the nuclear program .
Iranian Foreign Minister Abbas Araqchi stated on Sunday that his country would not give up its right to enrich uranium .
He stated that "enrichment capacity is one of the prides and achievements of the Iranian nation, and it is non-negotiable ."
Washington and Tehran held a fourth round of talks in Oman on Sunday, aiming to reach an agreement on Iran's nuclear activities in exchange for the lifting of economic sanctions .
US Special Envoy for the Middle East Steve Witkoff previously hinted at US flexibility regarding Iran's continued enrichment of uranium to levels intended exclusively for peaceful civilian uses .
But Witkoff stressed, in a media interview on Friday, that uranium enrichment is a "red line" for the United States .
Western countries, including the United States, have long accused Iran of seeking to develop nuclear weapons, a claim denied by Tehran, which asserts its right to nuclear technology and that its program is exclusively peaceful .
Asked Wednesday whether Iran would retain the ability to enrich uranium for peaceful purposes, Trump said the issue remains open.
MORNING UPDATE
Iraq is no longer hinting. Sudani just said the quiet part out loud.
Yesterday, Prime Minister Mohammed Shia al-Sudani held a major meeting with the heads of all Iraqi banks. The takeaway?
“The state will act as a regulator, not a controller.”
That’s your signal.
This is the exact language used by nations preparing for a monetary shift and here’s why it matters:
•Iraq is stepping back from centralized control of the banking sector
•The banking system is now “flexible, modern, and ready,” per Sudani
•First Rafidain Bank is launching with a new vision + foreign partnerships
•The government confirmed it’s absorbing excess IQD and replacing it with domestic production + foreign investment
•Banks are being told to invest, simplify, and prepare for global trust
This isn’t speculation, this is pre-RV protocol in plain sight.
They’re lining up the IMF, World Bank, Basel III, ISO 20022, and private sector cooperation. The only piece left?
What follows is going to be historic.
KTFA
FRANK26: "I BET YOU THEY'RE GOING TO TALK ABOUT IRAQ'S NEW MONETARY REFORM"....F26
5/13/2025
The Economic and Social Council's ministerial-level meeting kicked off in the Iraqi capital, Baghdad, on Tuesday, as part of preparations for the fifth session of the Arab Economic and Social Development Summit.
The meeting opened with a speech delivered by the Minister of Economy and Trade of the Lebanese Republic, Amer Bisat, President of the previous session of the Council, in which he announced the handover of the presidency of the current session to the Republic of Iraq, which will chair it for a period of four years.
He commended Iraq's role in supporting Arab causes, particularly its support for Lebanon during the most difficult circumstances, expressing his confidence in Iraq's ability to lead this session with competence and ability.
For his part, the Minister of Trade of the Republic of Iraq, Atheer Dawood Salman, assumed the presidency of the current session, welcoming the participating Arab delegations to Baghdad in his speech.
In turn, the Secretary-General of the League of Arab States, Ahmed Aboul Gheit, congratulated Iraq on assuming the presidency of the current session, wishing it success in leading its work.
In his speech, he pointed to the rapid developments witnessed by the Arab economy, stressing the importance of reaching a unified Arab vision that enhances regional cooperation and supports market stability.
Aboul Gheit explained that Arab countries are capable of achieving a better economic reality if they adopt an approach of partnership and integration.
The Secretary-General also pointed to the positive transformations taking place in Iraq, stressing that the summit agenda will address economic and development issues of priority to the region.
Pimpy
The Iraqi central bank wants to remove the zeros off the Iraqi dinar. We spoke about this at least 5 billion times...
They're talking about the removal of the zeros, the deletion of the zeros. He's talking about a redenomination...A 1,000 dinar note becomes a 1 dinar note.
Get it? Deletion of the zeros. Removing the zeros only affects the nominal value not the actual value.
"Nominal" is the way the bank note looks. So instead of it being 1,000 dinars, it's a 1 dinar. That's the only value that changes. Not the actual exchange value. That will remain the same
So let's say they didn't delete the zeros. You have a 25,000 dinar note.
Times the current exchange rate .00076 comes out to $19 [25,000 X .00076 = $19]. If they delete the zeros your 25,000 dinar becomes a 25 dinar...You take the 25, now the zeros are going, multiply the exchange rate, which they took the 3 zeros off, which is .76 is still $19 [25 X .76 = $19]...
With the zeros, $19. Without the zeros, $19.....The nominal value will change, but not the actual value...
They need to change the old bank notes for the new bank notes...You're going to exchange your 25,000 dinar straight across for 25. That's what's going to happen...You're not going to be able to exchange 1,000 for 1,000.
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