Sunday, April 7, 2024

Will Market Rally Last Or Is A Crash Imminent? | Jessica Inskip

MP calls for the return of $215 million belonging to the Iraqi bank, 7 APRIL

 MP calls for the return of $215 million belonging to the Iraqi bank

Baghdad

First Deputy Chairman of the Parliamentary Integrity Committee Alia Nassif on Saturday called on the Prime Minister, the Public Prosecution and the Director of the Iraqi Trade Bank to put an end to the people who drain the money of the Iraqi people by looting the bank's funds.

She said in a statement received by the information that "the Iraqi Trade Bank lost $ 215 million as a result of issuing judicial rulings in favor of the so-called (AA) and the so-called (SNA), which raises suspicion of the existence of cooperation between them and some influential within the bank.

"Nassif stressed the need for "concerted efforts between the government, the judiciary and the director of the bank to recover the money from these two individuals and cooperate with the bank's management in the campaign to recover all the funds that leaked during the previous years25."


"RV UPDATE" BY WALKINGSTICK, 7 APRIL

 WALKINGSTICK

Executive order 13303 was the protection of the DFI funds of their oil money.  All protected by the United States of America...

No one could sue Iraq. Now it's different, this executive order has come to an end...Iraq's new currency exchange rate is under the DFI funds... 13303 was not sighed.  This is good.  It is fantastic because...as long as the executive order was in place Iraq could not reinstate its currency...

 There's nothing like the facts. Everything they're telling the Iraqi citizens is a fact because it's coming from the right sources.

https://dinarevaluation.blogspot.com/2024/04/rv-update-by-walkingstick-5-april.html 

Walkingstick 

 The citizens of Iraq are not exchanging for the float.  They're exchanging for purchasing power.  That's all the Iraqi citizens get.  They only get purchasing power of their currency which is everything to them.  

"ABOUT THE STATEMENTS RELEASED BY GOI RELATED THE IQD" BY WALKINGSTICK, 17 MARCH

 Walkingstick 

 There were a few statements released by the GOI officials regarding their currency.  The coming value at the onset of the release was revealed.  That value was disclosed at/in negotiations...

----

 [Iraqi bank friend Aki Update] 

They had a zoom meeting.  It was with the CBI, all other banks and US Treasury, IMF, everybody, they were all in this zoom meeting.  

They told him a lot but the only important thing...was I was told once again, 'We need you to be back at the bank because at anytime you are going to be very busy.'  Aki is just like you and I, sitting there waiting...

 [Iraqi Bank Friend called #1 Update - He owns 7 banks, 2 in Jordan] 

 About two weeks ago   we told you IOO the banks of Iraq were going to be receiving sample sheets/specimens 

 They were very very precise pictures of the lower notes.  It turns out #1 has them. ..They started to practice and use them but they needed more help so they requested. 

 You will see this request on the CBI website probably within this week where they are requesting help with the security features in the small notes that they are practicing counting, sorting and training right now  ..

.The new software will be with them and the banks within this week.

https://dinarevaluation.blogspot.com/2024/03/iraqi-bank-friend-bank-story-by.html  

 [Iraqi Bank Friend called #1 Update - He owns 7 banks, 2 in Jordan] 

 About two weeks ago we told you IOO the banks of Iraq were going to be receiving sample sheets/specimens

 They were very very precise pictures of the lower notes.  It turns out #1 has them. ..They started to practice and use them but they needed more help so they requested. 

 You will see this request on the CBI website probably within this week where they are requesting help with the security features in the small notes that they are practicing counting, sorting and training right now..

.The new software will be with them and the banks within this week.  

https://dinarevaluation.blogspot.com/2024/03/iraqi-bank-friend-bank-story-by.html

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Do not burden Sudanese’s visit to Washington with more than its “true meaning.” What exactly is its purpose?, 7 APRIL

Do not burden Sudanese’s visit to Washington with more than its “true meaning.” What exactly is its purpose?

 The political and academic researcher, Hani Ashour, stressed today, Friday, the importance of not burdening the upcoming visit of Prime Minister Muhammad Shiaa Al-Sudani to the United States of America more than its true meaning.

Ashour told “Jarida”, “The visit of Prime Minister Muhammad Shiaa Al-Sudani to the United States of America is a protocol visit within the framework of joint relations between the two countries in the security, economic, political and other areas that were previously agreed upon, in addition to what is included in the strategic framework agreement.” “.

He added, “All prime ministers since 2003 have made visits to the United States of America and met with the American President, except for Adil Abdul Mahdi, due to the incident of the assassination of Al-Muhandis and Soleimani. Therefore, this visit should not be burdened with more than its true meaning. Rather, it comes within the framework of the existence of agreements with the International Monetary Fund.” The US Treasury is concerned with the Iraqi financial and economic situation, and there are agreements that must be activated in this regard.”

He pointed out that “linking the visit to a future political project for the Sudanese is unlikely, as evidenced by the fact that Al-Kadhimi had visited Presidents Trump and Biden, but that did not help him assume the second term. Therefore, the Sudanese visit does not go beyond activating previous agreements and signing new agreements in the fields of security, armament, and the exit of American forces from Iraq and drawing A scenario for this exit, in addition to joint cooperation on economic and investment issues.  link


"RV UPDATE" BY MARKZ, 7 APRIL

 MarkZ

  [via PDK]  

 Question:  Is this weekend still in play? 

  MarkZ:   I do not think this weekend is in play. But many others believe this weekend is still in playMost of what I am hearing is they expect most of the historic bonds to start between the 15th-22nd. Then Currency exchanges following directly on its heels. But, none of us know the timing. They cloud it on purpose

 Comment:  Ramadan ends April 9th or 10th…then 3 days of Eid El Fitr…where they like to give each other gifts…. It would make sense for Sudani to give it to the people of Iraq before Eid El Fitr.  

MarkZ:   That would make sense...that is the celebration at the end of Ramadan. It would make a lot of sense for Sudani to release it about then.

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