Frank26 What sense would it make for Iraq to join, at a program rate, the WTO? It makes no sense. The Vietnamese dong it’s in the WTO but…they are totally different. They deal with China and they have undervalued currency. Vietnam is a totally different scenario. Going into the WTO at a program rate is ridiculous…Everything is waiting for the new exchange rate so everything will make sense…
Militia Man Iraq’s working party on the accession of Iraq [to WTO] is July 18th 10:00am. I think we’re waiting for a precursor to that. But…obviously they’re going to have accession. When that exactly happens, on what day, is to be determined. They have things that have to happen prior to that.
Pimpy I understand why people are frustrated. The dinar itself is not a scam but people do use the dinar to commit scams.
Sandy Ingram Article: “The European Union announced…the Iraqi government has achieved development in international investment“ There was a signing of the Singapore convention on mediation.
Clare Article: “Parliamentary law challenges the ‘2024 budget tables’ and the federal government is waiting for an answer within 15 days” Quote: “the appeal was submitted “on the pretext that the numbers mentioned in the budget items will change, and thus this is considered a change to the law and requires the implementation of a new law with a first and Second reading, and final approval.”
Frank26 Question “What does the ‘coming period’ mean in Iraq time?” It means in the near proximal future. It means within arms reach. It means it’s already happened…or they never would have telegraphed it the way they’re doing now. That’s just the way the Middle East is.
Samson Article: “Central Bank: Cancellation of Paragraph (5/d) of the instructions and standards for circulation and replacement of banknotes, and the counting and sorting mechanisms“
MarkZ [via PDK] My Iraqi contacts say there was not a rate in the Gazette yesterday. They expected to see a rate posted there yesterday but there was not one according to 3 sources on the ground there. They still expect to see the rate in the month of June and we have a few days left.
Militia Man They’re effectively stating to everybody that they’re going international. They’re giving a laundry list of all the things they’ve done, are doing and in support of where they’re headed.
Bruce …when we get to the point when things are very quiet, which they are…we know that we’re close, and we know that…this is about to go…
Frank26 [Iraq boots-on-the-ground report] FIREFLY: How can Sudani say again today the dinar is worth more than the dollar, yet it’s still 1320? My bank guys says, simple. All these contracts and agreements with other countries is with dinar at a new rate which they are operating it without nobody else’s knowledge…it has to be that, no other explanation.
Mnt Goat Article: “DOZENS OF IRAQI COMPANIES PARTICIPATE IN AN INVESTMENT SUMMIT IN AMERICA” …in the past years I said – What is the US waiting for? Why have they not yet invested the US companies in Iraq? There is billions to make over there. – Well the spigot had to be opened first and now its opened. The spigot analogy means that the sanctions are over, war reparations paid and now they can do business easily with the rest of the world. But as you know with Iraq nothing happens overnight and so it took a year and a half to open the spigot but now it’s opened up wide.
