Sunday, September 29, 2024

RV UPDATE BY MARKZ, 30 SEPT

 MarkZ  

 [via PDK]  “Al Sudani advisor indicates a significant development in Iraq’s financial capabilities during 2024” Talking about what they have accomplished with cleaning up banking, more non-oil revenues. This article is a great little victory lap.

MarkZ 

  [via PDK] 

   “The goal of the census is developmental, economic and Kirkuk second in completing the numbering and inventory process”  

So they are doing a full census in November to figure out which money goes where…. 

 I do believe this occurs right after the HCL is wrapped up and the government can then distribute the new funds. I was told to look for a census…and now we are finally getting it.

EXCERPTS FROM MARKZ

MZ: Straight out of Iraq “ Iraq and Indonesia agree to visa exemption. “ Isn’t this kinda funny ? And Iraq recently signed something like this with Vietnam. Now Indonesia- who is a major trading partner-just like Vietnam. . What are the other currencies expected to go with them at the exact same time?  It’s almost like they are going lock step and certainly are being good neighbors.  

MZ: “ The goal of the census is developmental, economic and Kirkuk second in completing the numbering and inventory process” So they are doing a full census in November to figure out which money goes where ….I do believe this occurs right after the HCL is wrapped up and the government can then distribute the new funds. I was told to look for a census…and now we are finally getting it. 


Mark plays a video with Sudani speaking in Arabic with English translation. 

MZ: He is talking about Iraq going international ….and being international is a huge deal.  I put a retweet of that speech on X.

DINARLAND UPDATE : IRAQ BOOTS ON THE GROUND REPORT BY FIREFLY @DINARREVA...

Suspicious operations transfer ISIS property funds abroad, 30 SEPT

 Today, Saturday, a security source in Anbar province revealed questionable means by which ISIS property funds are transferred outside of Iraq to reach them.

“National Security is following up on this issue through an investigative committee, which is tracking the sale of real estate belonging to people who joined the terrorist organization ISIS, and transferring the proceeds outside the country,” the source informed the publication.

“Three properties have been sold so far and their money transferred to their ISIS owners in Turkey,” he continued, “The agency found that the operation was carried out by former officers in coordination with employees in the municipalities of Anbar.”

“The network has an exchange office to transfer money to the members of the organization,” he said.


IT IS NOW THE TIME TO BE PAYING ATTENTION BY MILITIAMAN, 30 SEPT

 Militia Man 

 They will need to have an international IMF Article XIV and Article VIII compliant currency.  

One that the Central Banks can defend and likely in a very fast and efficient manner with the most advance systems in the world. 

The focus in the future is going to be instantaneous cross border payments 365/24/7 and no blackouts with little cost. It is now the time to be paying attention...

DINARLAND UPDATE: RECENT UPDATES FROM BRUCE @DINARREVALUATION

3 reasons behind the recent rise in the dollar.. Financial expert, 30 SEPT

 Today, Saturday, financial expert Ahmed Saddam cited three factors for the recent increase in the US dollar’s value against the Iraqi dinar.

Saddam told , “This increment from 148,000 to 152,000 for each hundred bucks is connected to the conflict on Lebanon and the subsequent pressures in Iraq. This indicates that the recent rise is the result of low expectations, which speculators typically use to boost the dollar exchange rate.

“This matter I believe constituted a relative restriction on some other banks that trade in dollars in the parallel market and thus generated expectations of a decrease in the level of cash dollars in the parallel market,” he continued. “In addition to the recent tightening by the Central Bank of Iraq, especially after imposing guardianship on three banks,”

“We can also say that the local trade movement is relatively active with the start of the new school year, and this prompts many small traders to request dollars from the parallel market to settle their commercial transactions, which leads to an increase in the dollar exchange rate,” he continued.


THEY ARE SHOWING ADVERTISING THAT THE KUWAIT DINAR IS AT $3.58 BY FIREFLY, 29 SEPT

 Frank26  

[Iraq boots-on-the-ground report]  

FIREFLY: There are TV commercials advertising that the Kuwait dinar is at $3.58.  They are talking about our new border agreement with Kuwait.  The fact they bring up this rate tells me they want to talk about our new rate against it.   

FRANK:   They are talking to you about Kuwait because they need an example to show you what is about to happen to your currency, your purchasing power, to show you what is going to happen to your exchange rate.  There will be a change coming.

The expected path of the Iraqi economy, 30 SEPT

  Yasser Metwally The expectations of economists and those interested in economic affairs, including me, are based on the indicators that ...