Samson Article: “Al-Sudani asks the Trump administration to continue granting Iraq an exemption from importing Iranian gas”
Frank26 Can Iraq be internationally recognized with an exchange rate of 1310? The answer is, yes. Here’s an example: What’s the exchange rate of the Vietnamese dong? It stinks. It’s not at an international level… Is their currency international? Yeah.
Clare Article: “Including Iraq.. Ten countries around the world ban dealing in cryptocurrencies” Quote “The Central Bank of Iraq issued a ban on cryptocurrencies in 2017…Banks, financial institutions and payment service providers are still prohibited from dealing with digital assets, making crypto transactions unavailable through official channels….The American magazine, CEOWorld, announced that Iraq is among ten countries in the world that prohibit dealing in cryptocurrencies…Here are ten countries where cryptocurrencies will remain restricted or banned in 2025: China, Egypt, Algeria, Bangladesh, Nepal, Afghanistan, Morocco, Bolivia, Russia, [and Iraq]”
Bruce [via WiserNow] …Iraq – has still not put their rate, nor their budget in the Gazette. I believe they’re waiting on Saturday or Sunday to do that. I don’t even have an updated rate on the dinar, because redemption center screens have been down for three days straight. We know that the bank screens have been up, and that’s fine, but it helps us to get the rates that are on the screen at the redemption centers. You guys heard what I said about the rate for the dinar that they should be offering us. I said …anybody that knows what a hundo is knows what I was saying, and we should get treated very favorably on the rates of all the other currencies.
Militia Man They said they voted on the 2025 budget schedules but they haven’t exposed it yet.. Why? Because it’s exchange rate oriented…
MarkZ [via PDK] I am hearing a lot of fun stuff from Iraq and from groups. Expectations are through the roof right now…I am almost afraid to tell you all how excited I am for the next few days and the next week or two. This roller coaster is bad enough…but I am quite literally bouncing today. I hope and pray we are through by next Saturday.
Fnu Lnu Just a reminder…THERE IS NO CONTRACT RATE THAT WILL BE OFFERED TO YOU! If you have a contract from October 2011, then you will get a contract rate but it WILL NOT come through a bank or off premises remote bank office. It will come through other routes and it will be paid in advance of the RV because to do so at the time of or after the RV is AGAINST THE LAW!
Samson Article: “For the first time since 2003.. Security and Defense Committee: The rate of smuggling on the Syrian border has reached zero”
Frank26 [Iraq] has the potential to come out at a ridiculous exchange rate just like Kuwait did 30 years ago when they went through a re-denomination and a revaluation of their currency…about $15. But it only lasted for about a week and it went back down to 3 to 1…IMO it was a window created for the whales and sharks to take advantage of…Iraq has learned from Kuwait mistakes. If you come out at a high rate like that…you destroy everything you worked to create the security and stability of their currency. And it would destroy their economy, GDP, economic reform, monetary reform. Inflation would go up. I don’t think we’re going to see a ridiculous rate at the onset. But I think we’ll see the same rate that is floating in the Middle East which holds the most powerful currencies in the world at 3 to 1 to the dollar.
MarkZ [via PDK] From Iraq: “Trump makes a decision to prevent Iraq from importing gas and electricity from Iran” We know Iraq is working on getting its gas facilities up to speed for consuming and using their own natural gas products…as far as electricity-Iraq is going to need a bit of help from the US. You can expect the US to help build infrastructure in Iraq. In the long run this will bring more stability to Iraq and stop influence from Iran. There needs to be a quick response to make this work.
Bruce [via WiserNow] …We have two world organizations …One is the World Bank, and one is the IMF… Those two organizations have held this up for us…And we need them to release it. And I believe that even now as we speak, those two organizations are being dismantled. I’ve been told we’re 95% of the way that those two organizations, World Bank and IMF, are being dismantled. And the theory is that if they keep doing what they’re doing to make that happen…then we could be ready to go and get notified over this weekend. Could be Saturday, could be Sunday, and then which case we could start, if not over the weekend, we would start very early next week…
