Wednesday, November 27, 2024

SANDY INGRAM : How IQD Investors Can Invest Iraqi Stock Market #iqd Rate Increase

The National Union Explains The Reasons For Not Legislating The Oil And Gas Law, 27 NOV

 The National Union Explains The Reasons For Not Legislating The Oil And Gas Law

Information/Baghdad... Member of the Patriotic Union of Kurdistan, Ghiath Al-Surji, explained the reasons for not legislating the oil and gas law, noting that there is no longer a need to legislate such a law, especially after the issuance of judicial decisions regarding the oil and exports file.

Al-Surji told Al-Maalouma, "The region was waiting for the enactment of the oil and gas law to resolve all the problems related to this wealth between Baghdad and Erbil, but today the situation is different after the issuance of a judicial decision by the Paris Court to stop the export of oil from Kurdistan to Türkiye."

He added, "The international judicial decision, in addition to the Federal Court decision, stipulated that the oil would be owned by everyone, meaning that the authority over this wealth would be in the hands of the federal government in Baghdad."

He explained that "the judicial decision two years ago obliged the region not to export oil to Turkey and made the authority over it under the supervision of Baghdad, so the issue of oil and gas and the legislation of the law related to it will be unnecessary, especially since the judicial decision made the oil revenues under the authority and supervision of Baghdad." LINK

THE BIG CALL HIGHLIGHTS, 27 NOV

 Tues. 26 Nov. 2024 Bruce, The Big Call The Big Call Universe (ibize.com)  667-770-1866pin123456#

  • Several sources said before Thanksgiving  with our exchanges starting tomorrow Wed. 27 Nov. 2024.
  • Some sources said the Iraqi Dinar and all the other currencies are to be placed on the Forex tomorrow Wed. 27 Nov.
  • Space Force: Tomorrow Wed. 27 Nov. between 6-8 am the VND would be on a bank exchange rate translated to English of just under $4. The Tier4b rate should be extremely higher.
  • This evening another source said that the intention is for this to go Wed. 27 Nov. 2024.   

MMILITIAMAN : MM&C-Iraq Dinar News-Federal Court-Decisions-Salaries-Budget-Central Ban...

Will Iraq Take The Adventure Of Joining BRICS Despite American Risks?, 27 NOV

 Will Iraq Take The Adventure Of Joining BRICS Despite American Risks?

November 27, 2024  Baghdad/Al-Masala: At a time when the US dollar has become more than just a currency, but has become an economic weapon and part of the political hegemony system, voices calling for finding new financial alternatives are increasing.

These calls are gaining momentum in light of the sanctions imposed by the United States on countries that stand against its policies, such as Russia and China.

According to an economic analysis published by a specialized website, this intensive use of the dollar as a pressure tool has prompted the Eastern bloc to intensify its efforts to develop a new global currency that could reshape the economic map.

On the ground, this movement began under the leadership of the BRICS group, which includes Russia, China, India, Brazil, and South Africa.

“The BRICS single currency is not a dream, it is a realistic response to US financial hegemony,” reads a tweet posted by economic accounts. “Cooperation between these countries goes beyond economics to become a strategic political step,” it added. This cooperation comes at a time when relations between the group’s countries are developing rapidly, with China and Russia working together to create a financial force that could weaken the influence of the dollar.

On the other hand, Iraq finds itself in a complicated situation. Although the country has not officially requested to join BRICS, even considering such a move could be fraught with risk.

Informed sources confirmed that Iraq is not prepared to bear an American strike, especially in light of its complex economic relations with the United States.

A tweet by an Iraqi citizen named “Noor Al-Azzawi” expressed this concern by saying: “We are stuck between a rock and a hard place. America will not tolerate any step that might weaken its influence here.”

The statements of the Russian Ambassador to Iraq, Elbrus Kotrashev, came to open a window of hope for Baghdad, as he said: “BRICS is not an alliance against anyone, it is an open group that welcomes everyone.” He stressed that the group does not have hostile intentions, but rather aims to achieve a global economic balance.

As BRICS countries formulate their plans, significant technical challenges arise in unifying payment and currency settlement systems among member states.

An economic analyst named Ahmed Al-Harthi wrote in a Facebook post: “The success of the BRICS currency depends on two main factors: the first is the ability to build a common financial system, and the second is ensuring global acceptance of the new currency.” He considered that the step is not easy, but it is necessary.

The coming years are likely to witness pivotal moves. According to recent reports, China and Russia are closely coordinating with Iran and North Korea to build a financial alliance of countries that see the current financial system as serving Washington’s interests at the expense of the rest of the world. These efforts could be met with greater political pressure and economic sanctions from the United States, making the economic conflict even more complex.   https://almasalah.com/archives/106598

TIDBITS FROM WOLVERINE, 27 NOV

 WOLVERINE

Tues. 26 Nov. 2024 Wolverine

 “In regard to Med Beds they said they would come out within 48 hours when they announced the Brunson Case.

 The 48 hours started yesterday Mon. 25 Nov.

 We are going to have a beautiful, beautiful Christmas, guys.”

EXCERPTS FROM MARKZ, 27 NOV

 EXCERPTS FROM MARKZ

Member: What are they saying the dinar will be worth now?

MZ: They are not.  But most people believe it will be in the high $3.s or low $4’s. 

Member: Do you think the Dong will still be half the dinar?

​​Member: I saw the Dong at 0.39 on Saturday

MZ: On the dong we once again had new values show up again. Surprising rates on screens like $3.9003333-I think it was. This was on late Sunday. Was it a glitch or hiccup or testing?  We don’t know. But it is curious. If dong goes that high- WOW

Member: I would sure take that dong rate right now

MZ: We saw an Indonesian rate pop up a few weeks ago at $1.47. This is the rate I have been hearing for over 5 years. 

​​Member: IMO, IQD will be $3.81-$4.24, VND $1.65-$2.26 IMO!

NADER FROM MID EAST HIGHLIGHTS: LOOKING STABILIZE THE RATE OF THE IRAQI DINAR, 4 JAN

 NADER FROM MID EAST HIGHLIGHTS Highlights 💵  Monetary Reinforcement Mechanism : The Central Bank’s new strategy focuses on providing forei...