Samson Article: “Iraq is at the heart of a new international climate taking shape in the region.” Quote: “A positive atmosphere prevails in the region…”
MarkZ [via PDK] “Why is it important for American companies to visit Iraq?” For stability of course. There are a number of US and International companies that signed with the private sector. They need this for the reform process.
Militia Man We are still following along an international event. I think that is real. I don’t think it’s just Iraq centric and I haven’t believed that for a long time…You can tell that the United States Treasury, US Federal Reserve, IMF, World Bank of International Settlements, everybody’s been involved…
Frank26 AsraFlak is talking to the Iraqi citizens, not you, not even me, but they’re talking to the Iraqi citizens IMO about everything they need to know concerning the new exchange rate.
Clare Article: “Al-Nusairi confirms that the Central Bank’s approach to banking reform and development contributes to accelerating Iraq’s accession to the World Trade Organization.”
Sandy Ingram The Central Bank of Iraq has expanded foreign currency transfer options for local banks by adding the Jordanian dinar and Saudi riyal. Additionally Iraqi banks can now use the euro to fund trade with Turkey…These new currencies join…the USD, UAE dirham, Chinese yuan and Indian rupee. The goal is to diversify trade financing and make international transactions more efficient at official exchange rates…an upgrade aligned with International banking standards.
MarkZ [via PDK] Trump has been sending more and more folks to Iraq to help them finish the completion of their reforms and preparations for their ascent to the World Trade organization. They have told us repeatedly that the final goal is to increase the purchasing power of all Iraqis.
Fnu Lnu Conducting domestic commerce is and will continue to work with the Dinar as it is. There is no impetus for a RI/RV…Iraq has far to go and they are making progress on may fronts but the necessity for a change in the currency/economic policy is not a pressing issue and is not being discussed…the RI/RV is likely going to take more time and a more pressing use case must be presented. Such a necessity is not now present and it is doubtful that we will see it this year.
Samson Article: “Trump administration: We have made very good progress in nuclear negotiations with Iran”
Militia Man ‘Investing in strategic minerals such as thorium could generate returns comparable to oil as thorium is cleaner and more important alternative than uranium. Linking the value of the national currency to invest in the minerals depends on Iraq’s ability to enter valued added chains which contribute to raising the gross domestic product…This boom in mineral investment will positively impact fiscal and monetary policy by enhancing monetary stability.‘ That’s what they want, monetary stability…It’s kind of a long article but it’s fascinating. Linking the value of the national currency to investment based off their natural resources I think is quite simple to understand … The expectation is Iraq will have a real effective exchange rate and open up and integrate into the International financial system.
Frank26 I believe it’s implemented. I believe they’re using the new exchange rate. I can’t prove it to you…but based on what I read…At 1310, 2 + 2 = is not 7. 2 + 2 is 4. These articles, this is logical. This is the truth. They’re telling you what they’re doing, what they’re going to do. They’re telling you how they’re protecting the new exchange rate from parliament.
Mnt Goat Article: “SALEH: THINGS BETWEEN BAGHDAD AND ERBIL ARE MOVING TOWARD A BREAKTHROUGH, AND EVERYONE IS TALKING ABOUT A SOLUTION.” Quote: “The situation is heading toward a thaw, in light of the ongoing meetings and discussions between the federal government and the regional government, in the presence of the federal prime minister, his counterpart in the region, and the oil minister,” Could they finally get the Oil and Gas Law passed?
MarkZ [via PDK] This is another one we were told is big news: “Parliamentary Security: Restructuring of controls has hit its final stage” they are removing some checkpoints at borders…and adding others. They have to control their borders. Especially their financial borders. Controlling the borders is important before releasing the RV.
Iraqi Dinar Gurus
