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@HusseinAskary - Hussein Askary
Went unnoticed: U.S. President continues to control all Iraqi oil revenues, decision going back to 2003. This is how the U.S. controls Iraqi governments and policy making! See background in the thread:
@HusseinAskary - Hussein Askary
Background Since 2003, the U.S. colonial governor Paul Bremer decided that all Iraqi oil revenues (that were put under the Development Fund for Iraq (DFI) in UNSC Resolution 1483) will be transferred to an account in the U.S. Federal Reserve in New York in US$.
@HusseinAskary - Hussein Askary
and not to the Iraqi Central Bank. The UNSC Resolution did not specify where the money should be deposited or DFI be located but made it clear that the account will be held by the Iraqi Central Bank (unscr.com/en/resolutions… ) .
@HusseinAskary - Hussein Askary
Later that year, President Georg W. Bush issued Executive Order 13303 titled "Protecting the Development Fund for Iraq and Certain Other Property in Which Iraq Has an Interest" , which meant that the U.S. President is now the owner of the Iraqi money.
@HusseinAskary - Hussein Askary
Every president of the U.S. continued this practice including in May this year by President Biden (https://www.whitehouse.gov/briefing-room/presidential-actions/2023/05/16/notice-on-the-continuation-of-the-national-emergency-with-respect-to-the-stabilization-of-iraq-3/#:~:text=On%20May%2022%2C%202003%2C%20by,Economic%20Powers%20Act%20(50%20U.S.C. )
@HusseinAskary - Hussein Askary
Since then, Iraqi governments are forced to ask politely the U.S. to release some of the money every month so the Iraqis can buy food and other things they need. Like you get the money from your parents. President Trump once threatened to confiscate all the money.
@HusseinAskary - Hussein Askary
In December 2010, the UNSC terminated the Resolution 1483 and the DFI with Resolution 1956 upon the request of the Iraqi Prime Minister. But that was too late, because the U.S. kept its illegal grip over Iraqi revenues. No Iraqi government tried to challenge this U.S. control.
@HusseinAskary - Hussein Askary
In late 2022, the Federal Reserve upon instructions from the Biden Administration restricted Iraq's access to its own money in the Reserve, demanding that Iraq takes specific measures allegedly against money laundering and dollar smuggling to Iran.
@HusseinAskary - Hussein Askary
This triggered a massive increase in the value of the $ against Iraqi Dinar and subsequently a rise in the prices of everything, because since the Anglo-American invasion of Iraq and destruction of its infrastructure, industry and agriculture,
@HusseinAskary - Hussein Askary
Iraq has been importing everything from shoelaces, food, medicines, to cars, etc from outside, using the $ from exporting oil. This is how tight U.S. control is of Iraqi politics and decision making.
@WatcherGuru - Watcher.Guru
https://watcher.guru/news/iraq-to-ban-all-cash-withdrawals-in-us-dollars
@Prolotario1 - Ariel
Iraqi Dinar Update: • The Article 8 Compliance • The Budget • The Oil & Gas • The Salaries • The WTO • The Development Road Project • The BRICS Nations • The Al-Faw Port Project What does Iraq need as a requirement prior to all these things? The new exchange rate on yhe Forex. But there is also something else that precede the exchange rate change that is also pivotal. What is it? The new electronic platform. This will eliminate the corruption in the parallel black market with the dollar. It was also reported by The Ministry of Natural Resources in the Kurdistan Regional Government last Tuesday, that an American diplomatic delegation confirmed that Washington is closely following the process of resuming oil exports through the region’s pipeline to Turkey and legislating the Oil & Gas Law. Today was the last day for parliament sessions which will resume next year. The new ISO-20022 system goes live 7-10 days. IQD/XRP are paired under this program. This is important because The Central Bank of Iraq confirmed that government and private banks can apply to buy gold bullion and coins via (An Electronic platform designated for this purpose), indicating that their sale will be in accordance with the instructions and controls issued by the Central Bank of Iraq. Which was reported by Goldilocks. Remember everything will be tokenized. Digital IQD/Coins will be used alongside physical cash and electronic money which would be the Visa/Master Card. Remember, JP Morgan makes up 50% of the ISO traffic. So many banks are being dragged into this system this month. You all have to understand the reason the black market is pervasive in its operations to sell the USD against the IQD is because of the lack of electronic paper trails. The Federal Integrity Commission in Iraq confirmed its intention to prosecute crimes of illicit gain and money laundering using modern technologies and digitalization. An electronic governance is required to combat corruption in currency smuggling that causes the IQD to depreciate. This new digital system enhances the ability to detect corruption, fraud, and money laundering, investigate those crimes, and deter their perpetrators.” This is one reason why we have not seen an exchange rate as of yet. We are still at the 1310 program rate. Banks are getting ready to now import foreign currency (From outsideIraq). This is very important for trading. Goods & Services. This is for incoming remittance. This will give Iraq the ability to do business in other foreign currencies and markets. This indicates they are gearing up to go international. Then they can advance in other areas where they can open the budget and disperse funds to different departments. This will essentially solidify their Article 8 Compliance. Remember, the USD will only be used for travelers in Iraq by January 1st. Iraq is racing against time. They already held an emergency session talking about joining the SWIFT/ISO system held by Jamal Cougar. All of the dollar smuggling being done by the Mafia is controlled by them. Cougar, stated “the solution lies in disbursing the budget, providing very many facilities to investors, and simplifying government procedures to obtain the dollar.” In addition to striking mafias and limiting their influence and control over banks. End quote. So as you can see there is an urgency to implement the electronic platform so they can reinstate their currency so the budget can be allocated properly without any interruption due to money laundering by political parties.
@Prolotario1 - Ariel
Iraq Update: Iraq announced officially that they will end the dollar crisis before the end of 2023. What does this mean? 1. Raising the official exchange rate of the Dinar to the US Dollar to reduce pressure on foreign reserves? 2. Policy shifts to encourage use of Dinar over USD for domestic transactions and trade to take pressure off demand for dollars? 3. Removal of currency exchange restrictions and caps that have created imbalances and a black market? 4. Re-opening currency auctions that provide access to USD reserves to stabilize exchanges? 5. New measures to control inflation and currency speculation amid economic uncertainty? 6. Efforts to back more domestic bank balances and liabilities with reserves as reassurance? Could be all of the above. Why? Because they also announced that they will settle the HCL next week. Which implies they have a new exchange rate ready for the international markets. Can we see a reinstated prior to or on January 1st? Ofcourse given that implementing the HCL requires them to equally disburse settlements among the regions and they must know what the new value is as stipulated by constitutional law for the citizens in general. Which is also apart of the US/Iraq deal that America must pull all their troops out prior. Which is probably why Iraq announced the closing of US Embassies. We are on the verge on a once in a lifetime opportunity that will never happen again. So if you hold IQD consider yourself lucky.
@Prolotario1 - Ariel
Henry Kissinger: The Devil's Secretary Of State The death of Henry Kissinger for most people is an uneventful thing that holds no significance to them from the multiple events that transpired in November, H. Kissinger is the most impactful. Why? Because he was the one who offered the Middle East the petro dollar with nothing backing but the military which was the most advanced at the time. So ofcourse this was the bargaining tool used to convince the Middle East to adopt a worthless fiat currency to then denominate all oil trade deals in USD. Guess who ended this trade policy? Saudi Arabia. Guess who is now requesting that all the US Military leave since they now have a strong currency back by Gold & Silver that is no longer depending on the Petro dollar after January 1s 2024? The Middle East. You have to understand how just in recent years every nation was paying for oil in USD. Ask yourself why would someone who knew America could produce our own oil go to the Middle East to peddle their's? Because the goal was not to enrich American people like Dubai has enriched their citizens by creating an economic model where Dubai's rulers, particularly Sheikh Rashid bin Saeed Al Maktoum, implemented a series of bold initiatives to transform their society. They invested heavily in infrastructure, including airports, roads, and ports, creating a foundation for economic growth. They also established free trade zones, attracting foreign investment and promoting entrepreneurship. Not to mention the oil component where the discovery of oil in the 1950s played a significant role in Dubai's initial economic boom. Oil revenue fueled infrastructure development, creating jobs and attracting further investment. Which is why Joe Biden shutdown down the Keystone XL Pipeline. Which I am sure Henry Kissinger had a lot to do with given that he's a proponent of America last policies where we are dependent upon other nations for everything. But this is beside the point. Saudi Arabia & Russia are going to be backing their currency with precious metals. Any country looking to do business with them will have to do the same especially of they want to join the BRICS Nations. Iraq will be a major component to bring the Middle East from under the foot of central bankers who pump the fiat USD. The dollar auctions in Iraq is on December 6th. H. Kissinger has committed so many acts of crimes to ensure the fiat USD reigns supreme for nation ls who are looking to go back to the Gold Standard like Muammar Gaddafi. H. Kissinger was behind many wars and many false flags in other countries. • The Bangladesh Killings that involved 3 million deaths. • The Laos Bombing which caused 200,000 deaths. • The Vietnam War which was 2.5 million deaths. • The Cambodia Bombing which caused 500,000 deaths. • The overthrowing of Chile government that he caused. • The Argentina Dirty War where 30,000 were killed and 30,000 disappeared. (33 anyone?) • The East Timor Invasion which resulted in 200,000 deaths. Remember this is the same guy who was the mentor to Klaus Schawb the head of the WEF. No wonder they both share the same NWO objectives. Because I remember this very interesting quote from Mr. Kissinger. "If you control the oil, you control entire nations. If you control the food, you control the people. If you control the money, you control the entire world". End quote. Do we understand how diabolical these people truly are? The nation's first Treasury Secretary, Alexander Hamilton. In 1791 ... proposed the establishment of a Bank of the United States, modeled on the privately-owned Bank of England. The Bank of the United States was used to deposit US Government revenues from its tax collections and to issue bank notes to increase the money supply as the Bank saw fit. The Bank had a capital stock of $10 million, with 80% of the bank being owned by private investors. The US Government in effect handed over to private bankers control over its money and agreed to pay those bankers interest to boot on money it borrowed. All of this goes back to the 1871 Act. “By passing the Act of 1871, Congress formed a corporation known as THE UNITED STATES. This corporation, owned by foreign interests, shoved the organic version of the Constitution aside by changing the word ‘for’ to ‘of’ in the title. Let me explain: the original Constitution drafted by the Founding Fathers read: ‘The Constitution for the united states of America.’ [note that neither the words ‘united’ nor ‘states’ began with capital letters] But the CONSTITUTION OF THE UNITED STATES OF AMERICA’ is a corporate constitution, which is absolutely NOT the same document you think it is. First of all, it ended all our rights of sovereignty [sui juris]. So you now have the HOW, how the international bankers got their hands on THE UNITED STATES OF AMERICA.” End quote. By David Williams. So As an instrument of the international bankers, the UNITED STATES owns you from birth to death. It also holds ownership of all your assets, of your property, even of your children. Think long and hard about all the bills taxes, fines, and licenses you have paid for or purchased. Which is why once we switch over to the Gold Standard we will not be taxed. States are already doing this. Louisiana: In 2013, the laws relaxed even further, with all precious metals, including gold, silver, platinum and palladium in their many forms, becoming tax free regardless of quantity. Arkansas: The purchase, sale, or exchange of any type or form of specie shall not give rise to any tax liability. The law builds on a foundation set in 2021 when Arkansas repealed the sales tax on gold and silver. Taxes on gold and silver raise investment. Mississippi: MERIDIAN, Miss. (WTOK) - Gov. Tate Reeves signed SB 2862 into law last week. It make gold and silver coins and bullion exempt from state sales tax. Mississippi is the 43rd state to enact a law of this nature. You can add 20 more states to this list as it will keep growing. Why are they doing this? Gold and silver have themselves been money for thousands of years and are the most durable forms of money. They also do not suffer from counterparty risk, ensuring their value is relatively immune to the risks of the global financial markets. Guys, everything you want I'd happening under your nose. Stop looking for everything to debut like some Hollywood blockbuster world premiere that will be saturated over the airwaves for everyone who doesn't like researching to notice. Because that's exactly what the "Nothing Is Happening Folks" are doing. We are slowly being pulled away from the Khazarian Rothschilds banking system. We will officially be under the new system once Iraq reinstate their currency on the Forex Market. All the advance technology you are waiting for. All the humanitarian projects you are waiting for. All the disclosure you are waiting for. Is going to be on the other side of the fiat system. Right now you are only being introduced to it. Which is why you see the Push & Pull I mentioned on the last post. This is why the HSBC is gearing up for the Basel 3 end game. This is why the Ukraine & Israel War is wrapping up. This is why Media Matters is in the spotlight. This is why over 200 advertisers are leaving X. This is why Seth Rich Laptop is in the news. This is why the J6 case is reaching fever pitch. This is why Iraq is ditching the USD on Jan 1st 2024. You are being preped & primed. This is why Senator Tommy Tuberville said he expects a 9/11 false flag every other week. Because we are watching the death throes of the Cabal. The media will never tell you Stephen Colbert was arrested when he called in a weeks of shows for medical rreasons. Remember that new prison that I mentioned that was built in Guam? Remember you had people vouching for that in the comment section? Remember I told you those 200 new cells were exclusively for the MSM? Guess where Stephen Colbert is right now? 😁
@Prolotario1 - Ariel
🚨 See no evil. Hear no evil. Speak no evil. Do no evil. When President Putin met with Saudi Arabia UAE on Dec 6th you all know that was the end of the Fiat USD correct? European Currency ⛔️ Ukraine Currency ⛔️ Russia Currency ⛔️ China Currency ⛔️ US Currency ⛔️ These will go down in value. Which will help emerging markets like Iraq reinstate their currency so they can trade with 1:1 parity with 1st world economics. This is why I have told everyone over the years that we will not seeva reinstatement until the fist collapses. Vladimir Putin took the Russian chief of the Central Bank. The documents that were signed had to do with a currency peg. This was signed on behalf of all the Opec nations. US Treasury 📛 Federal Reserve 📛 SOFT Bank 📛 Japan Bank 📛 China Bank 📛 US Banks 📛 All will go to zero value. When is this expected? Between December 15th & January 15th. This is the panic window where everything goes into implosion mode. Why? Didn't I already state from official reports in Iraq that the fiat USD will not be used after January 1st 2024? Didn't I state that Iraq announced that the dollar crisis will end before 2023? So ask yourself what is supposed to happen for those two things to occur? Remember years ago when Donald Trump kept saying that the dollar value was to high? Remember he kept saying how much IQD we have in reserves? Remember he kept saying that the US Troops will not leave Iraq until America is paid? You are in this moment right now. Because something has to be done prior to this taking place. So right now we are in a lull period before things pick up next week once we feel the after affects of what V. Putin did. Because that 100+ trillion that is due on December 15th is not viable for the US because we only have that in fiat USD. Which means those derivatives are about to come home to roost. Those Mortgage Backed Securities, forget about it. Now do you all see why those bankers on Capitol Hill were crying about Basel 3? They know they are sitting on debt that will not allow them until 2025 to pay it off. Which is why I constantly said most banks do not have until that year to implement Basel 3 or ISO-20022. They are about to go extinct. And they only have so many days left. What comes after this? Freedom. Again as I said before it was the 1929 stock market crash that got us into this mess and it will be the 2023 crash that gets us out.
@Prolotario1 - Ariel
🚨@USTreasury continues its cooperation with @CBIraq. Many Iraqi banks have now formed relationships with international banks for the first time, which is a positive step in making progress in reforming the banking sector. We will continue to provide US dollar services to Iraq in the interest of economic stability. To IQD investors you all better count your blessings. Merry Christmas. Because this will be the last holiday of you being broke.
@Prolotario1 - Ariel
Dinar SitRep- You have to understand. When Iraqi banks form relationships with international banks, it enhances their connectivity to the global financial system. This increased integration allows Iraq to participate more effectively in international trade and finance. As these banks establish connections, they gain access to foreign exchange markets, including the Forex (foreign exchange) market. Being part of the Forex market enables Iraq to facilitate currency exchange, attract foreign investment, and conduct international transactions more efficiently. It also contributes to the stability of the Iraqi dinar, as increased participation in global financial markets often leads to better management of currency values. Overall, the collaboration with international banks is a positive step for Iraq in terms of economic stability and progress in the reform of its banking sector. Do you understand how monumental it is for the US Treasury to confirm this today on Christmas Eve? Did you know the dollar exchange rate is stabilizing and the parallel market is reaching the official price? Being part of the Forex market enables Iraq to facilitate currency exchange, attract foreign investment, and conduct international transactions more efficiently. It also contributes to the stability of the Iraqi dinar, as increased participation in global financial markets often leads to better management of currency values. Overall, the collaboration with international banks is a positive step for Iraq in terms of economic stability and progress in the reform of its banking sector. Why do you think I kept reminding you all that on January 1st Iraq will only be using their currency? Don't you think they will need all the help they xan establish by connecting to other foreign markets to facilitate trade so they can strengthen their currency? And here is the kicker. Iraq will come out with a fixed rate not a float. Do you know what this means? They will come out at 3-4 dollars. If you have 4 million in IQD. Guess how much you will have the morning it pops up on Forex? 12-16 million dollars. Talk about turning a profit. The other part of this plan is that investing will be easy for you. Because we will be on a gold standard soon. Your money will grow with the market without the fluctuations of the old system. Companies will be confident. Banks will be confident. Insurance companies will be confident. ISO-20022 SOFR Basel 3 Comex 589 Protocol 20 You will have all these tools in the new financial system to protect your money and investments. You should be more confident then a basket full of cans'. I didn't even mention the Zimbabwe Bonds. I didn't even mention the Iranian Rials. I didn't even mention the Vietnamese Dong. I do not even need the Iraqi Dinar. But it's a tool and I will use it. Goodluck to you all. Because you are about to enter an entire different game.
@Prolotario1 - Ariel
New World Order: 10 Simple Reasons Why It Failed 1.) No Consensus: One reason the NWO failed is because there was/is no consensus on what it meant. Different groups and individuals have different interpretations of what a NWO should be like and how it should be implemented. 2.) Lack of Political Will: Another reason the NWO has failed is that there is a lack of political will to make the necessary changes. Many politicians and governments are more focused on their own interests and agendas than on creating a NWO. 3.) Lack of Public Support: The public is generally skeptical of the idea of a New World Order, and many people view it as a threat to their national sovereignty and freedom. Which is why Liberal media attacked the MAGA novement relentlessly. It stalled many plans. 4.) Lack of Trust: There is a lack of trust between nations and international organizations, which makes it difficult to create a New World Order based on cooperation and collaboration. One being blackmail. To many have dirt on one another which causes friction on certain plans. 5.) Nationalism: The rise of nationalism (MAGA) sentiment in many countries made it difficult to create a NWO based on international cooperation. Political figures did not have the support that D. Trump had from his base. So implementing things like "The Green New Deal" was hard. 6.) Economic Disparities: The significant economic disparities between countries has created an uneven playing field making it difficult for the NWO to be implemented in a f equitable manner that would gain support from conservative leaders who want strong economies. 7.) Military Intervention: Many countries' military interventions in other countries and the resulting conflicts, have not been beneficial for the development of the New World Order. Look at Brazil and how the military is defending "The People" from fraudulent elections. 8.) Lack of Coordination: There is a lack of coordination and cooperation between nations, international organizations, and other stakeholders, which makes it difficult to create a NWO. IMF and the WTO are assisting Iraq to become a international country with a strong currency. Globalist want weak currencies in 3rd world nations. China is supporting national agendas like Zimbabwe. 9.) Political Polarization: The increasing political polarization in many countries makes it difficult to build a consensus on the NWO and to take action to implement it. The BRICS Nations are against the NWO. they want to end the USD hegemony. Dedollorization. 10.) Hilary Clinton Lost. The Gold Standard Is Returning. China Dumped The USD. Queen Elizabeth Is Dead. The IRS Will Be Abolished. The Federal Reserve Has No Money and was absorbed by the US Treasury. Iraq Dumped The USD. Zimbabwe Wants Gold. Ruth G. Ginsburg Is Dead. D. Trump Will be reinstated. Jeffrey Epstein Blackbook is being released. Volodymyr Zelenskyy lost the Ukraine War. China will annex Taiwan. The Vaccine Mandates were lifted. Turkey will report Bibi Netanyahu to ICC for war crimes. The Space Force is 100% operational. (They have everything) Global Gold Monetary Fund is launching next month. Iran, Egypt, Saudi Arabia and the UAE are planning to join BRICS Nations next month. Over 40+ US States passed bills to reinstate precious metals as legal tender. West V won their court case against EPA. Donald Trump is leading the GOP nomination by 80%. Over 100 countries simultaneously dumped the USD. On December 6th Vladimir Putin ended the fiat USD hegemony by removing the USD from OPEC. Iraq will officially end the dollar usage in their country on Jan 1st. Basel 3 will begin to be implemented on January 16th by US banks. The US Treasury already announced that Iraq is connected to international banks. ISO-20022 is now standard and is an anti money laundering platform. SOFR replaced LIBOR officially. Etc. Etc. Etc.
@Prolotario1 - Ariel
🚨Al-Sudani Media Advisor: We will reach the official price of the dollar soon. Hisham Al-Rikabi, media advisor to Prime Minister Muhammad Shiaa Al-Sudani, said on Thursday that the exchange rates of the US dollar against the Iraqi dinar will reach the official rate soon. Al-Rikabi said, during a televised interview followed by Al-Mutala, that "American officials were surprised by the rapid economic steps taken by the government regarding the dollar exchange crisis." He added, "There is no American economic blockade on Iraq, and talk about the existence of an American blockade on Iraq is 'inaccurate'" He continued, "Many parties that practice money laundering have been neutralized," noting, "We wil reach the official dollar rate soon." ___________________ 1. Economic Stability: Reaching the official rate for the US dollar against the Iraqi dinar suggests progress in stabilizing the country's economic conditions. This stability is crucial for attracting foreign investment and fostering confidence in the domestic market. 2. Government's Rapid Response: The government's swift economic measures demonstrate its commitment to addressing currency exchange issues promptly. Such decisive actions can instill confidence in both local and international investors, showcasing a proactive approach to economic challenges. 3. Elimination of Money Laundering: The neutralization of parties involved in money laundering is a positive step toward cleaning up the financial system. This helps create a more transparent and trustworthy environment, reducing illicit activities that could negatively impact the forex market. 4. Resolution of Dollar Exchange Crisis: The statement implies that steps have been taken to resolve the crisis related to the US dollar exchange rates. This resolution can contribute to a more predictable and stable forex market, encouraging trade and investment. 5. Denial of Economic Blockade: The clarification that there is no American economic blockade on Iraq dispels potential concerns and uncertainties. This can improve Iraq's standing in the international community, promoting better diplomatic and economic relations that positively influence the forex market.
@Prolotario1 - Ariel
🚨 Urgent 🇮🇶 The CBI: Meeting All Market Needs ie-(International) He added that "this decision and the decisions that will follow in the coming days are all in the interest of supporting the Iraqi dinar and increasing confidence in it," noting that "what confirms the strength of the dinar and the public's confidence in it is the continuation of the Central Bank of Iraq and its failure to perform any need from the needs of various sectors. As it is now funding the sectors of trade, electronic payment, travel and other sectors. He pointed out that "the coming days there will be more measures in the field of meeting all market needs, supporting the Iraqi dinar and maintaining its strength against other currencies," noting that "the central bank, within its new procedures, prevented banks from automatic transfer of customer accounts in dollar to Iraqi dinars. Without customer consent, and allowed customers to open accounts in different currencies. He stressed that "these measures will positively affect the exchange rate in the market. And will increase the supply of the dollar, and contribute to serving and supporting important sectors in the economy. Including the sectors of exporters and the sector of companies operating in the government field and in the field of infrastructure development and strategic projects. In addition to supporting civil society organizations that contribute to the humanitarian and charitable field in Iraq. _________ The HCL/Oil & Gas Law The Infrastructure Projects The Budget Etc. All of these things are on hold because the reinstatement needs to be done prior to the launch of these formal policies. Everything is on pause until the Iraqi Dinar is on the Forex Market.
@Prolotario1 - Ariel
🚨Iraq is taking serious steps to join the World Trade Organization (All Political Obstacles Removed) 🤑 The head of the team concerned with Iraq's accession to the World Trade Organization, Saqr Abdullah Al-Muqbel, confirmed today, Thursday, that Iraq has taken serious steps to join the World Trade Organization. Al-Muqbil told the Iraqi News Agency (INA): “Iraq is rich in its natural and human resources, and the ability of its people to build a truly competitive economy with all countries of the world.” He added, "Iraq's economy keeps pace with the aspirations of the region and the world in a transparent and open economy for cooperation and building strategic commercial partnerships with all countries of the world." He pointed out, "Iraq is witnessing serious steps towards joining the World Trade Organization.
@Prolotario1 - Ariel
MM: "Al Sudani came to the UN Assembly a while ago and said he was doing things to solidify his position and standing in the future of the world……what did they say to him? That Iraq was going to effectively be the savior of the financial system and was going to bring confidence to the largest banks of the world ….and one of those banks is JP Morgan. That was in September". End qoute. ____________________ People how many times have I told you that the world is waiting on Iraq? How many times have I told you that the BRICS Nations is waiting on Iraq? How many times have I told you that everything you are waiting for starts with Iraq? Why do you think I told you once you are on the other side of the financial system I will tell you with those 6 boxes mean? Do you know how close you are to see this? I am not here to play games with your emotions. I will give you actual information that you can use. Something that will benefit you. Even if you are not invested in the Dinar. You will still be a prime beneficiary. You will see the changes you want. In every aspect of life. Guess what that starts with? Iraq. Period. Do not let anyone tell you otherwise. This is an end time event.
@Prolotario1 - Ariel
👉"Convertibility"🤑 • Exchange • Swap • Switch • Redeem However you decide to look at it the result is the same. This means Iraq now are free from all currency restrictions. https://t.co/YGeySKx3AN
@Prolotario1 - Ariel
Foreign Currency Ex Info- Listen, people are sending me videos of this lady name Stephanie who inquired about general currency exchanges to a JP Morgan Chase branch manager who informed her that at a nominal value they are willing to accept smaller denominations under 25k at certain locations. Which included Wells Fargo. Personally, from my experience this is something I was offered to do last year at at a local branch in Shreveport. Which I declined simply because I want maximum profit for all my currency. You got bills to pay? You got debt to pay? You got taxes to pay? You got rent to pay? Holding out for the official exchange rate on the Forex Market at a higher value is understandable for those who are not facing crucial financial issues. Because if I heard correctly being offered 60k for a 25k note the rate would have to be atleast 2.00. Which is phenomenal for those who have millions in IQD. One key issue that was brought up in the video was the notion that people have been told (By Gurus) that they would have to send their currency off to be validated/authenticated. And the branch manager stated officially that this is misinformation by informing Stephanie that they would just deduct it out of her account. • Visual Inspection • UV Lights • Currency Counting Machine • Currency Authentication Pens There are multiple ways they can verify your currency (On Site) in order to ensure its validity without you sending it to anyone outside of the banking sector. So please do not allow yourselves to be mislead from scammers about sending your foreign currency off to sketchy people.
@Prolotario1 - Ariel
This story is from one individual. One bank. One branch. One offer. This has nothing to do with the broader banking industry. JP Morgan Chase will be the leading bank as they will be opening branches in Iraq. So please stop trying to tell me what does or what doesn't make sense regarding how impossible some 2 dollar rate is based on what is not currently on the Forex Market. I told you this is the reason why they probably are not accepting larger bills beyond 25k or less that Stephanie had. They probably had enough in their reserves to cover that amount at that particular branch.
@Prolotario1 - Ariel
From Fallawsophy: I believe the IQD is rising behind the scenes and on the screens that only some have access to. I feel at this point they are waiting for it to get to a certain point and then they will post the street rate. They don’t want you going in with just the IQD because after the IQD is posted, the others countries post their new rates. They want you to do the whole thing by appointment and receive the screen rate. Why? Because the bank gives you a rate, then the treasury gives them a higher rate, and then the treasury gets a higher rate from the country that they turn it into. Everyone one stands to make a bunch of money. That is why there are NDAs until such time as the whole thing is done. End qoute.
@Prolotario1 - Ariel
🚨Breaking News Do you know what this means for Hedge Funds & Big Banks? Do you know what this means for your new economy? Do you know what this means for the 1871 US Corp? Do you know what this means for the Rothschilds banking system? Do you know what this means for the fiat USD? Do you know what this means for warmongering aristocrats? Do you know what this means for the Federal Reserve? Do you know what this means for the IRS? Do you know what this means for the new Republic? Do you now understand what I told you when your freedom starts with the collapse of the fiat dollar? Do you now understand why Iraq had been waiting to release the new exchange rate?
@Prolotario1 - Ariel
The Evergrande Liquidation: The Fall Out and Redemption MI6 created the CIA in the 1940s. The CIA controls the government and media. All 3 letter agencies answers to NASA. NASA reports back to Rome. All these intelligence agencies control the DUMBS from the 500 billion a year drug money. There are about 1400+ DUMBS worldwide. All of these DUMBS are financed with drug money and taxes. Guess what ties all of this together? The fiat USD. Guess who no longer uses fiat USD? The Middle East. Guess how many states are now passing bills to make precious metals legal tender? 43+ Once the liquidation of Evergrande starts hedge funds & big banks will collapse. How? Hedge Funds • Hedge funds with invested capital in Evergrande bonds, derivatives, or other financial instruments would face significant losses upon liquidation. This could lead to write-downs, impacting their performance and potentially triggering margin calls, forcing further asset sales. • Increased uncertainty around Evergrande's situation and the potential market contagion can lead to volatile trading conditions, impacting hedge funds' strategies and returns. • Some hedge funds specializing in distressed debt or turnarounds might see opportunities in acquiring Evergrande's assets at discounted prices, leading to potential gains later. Big Banks Regulatory scrutiny. Increased attention and potential regulatory investigations following Evergrande's collapse could lead to stricter lending requirements and financial regulations for big banks. Interconnectedness. The complex web of financial linkages between Evergrande and other institutions could amplify losses beyond the initial exposure. This could impact banks' liquidity and risk appetite Loan exposure. Major banks with significant loan exposure to Evergrande could face impairment charges and reduced profits if the company defaults. This can impact their capital ratios and potential lending capacity. Remember all of this is connected. From underground to the surface. You want new government? You want new banking system? You want new technology? You want new medical system? You want a new educational system? Guess what? You will not receive none of this until Evergrande defaults. Until the hedge funds default. Until the big banks default. Why? Because all of this is propped up by the fiat USD. Do you know what these financial institutions would have to do in order to open banks accounts with Basel 3 & ISO-20022 Compliant banks? They would have to prove the money is Clean & Clear. Which is something they will not be able to do. They will not be able to wash the money by money laundering and setting up fronts by using profit margins on inventory sheets that do not match the profit the business made. This is what the mafia used to do in the casinos. What will the banks try to attempt to prop up the market to survive Evergrande liquidation? Coordinated Buybacks: Major banks might collaborate to buy back Evergrande debt or related financial instruments in the secondary market. This could help stabilize prices and prevent a complete meltdown. However, this strategy requires significant financial resources and coordination. But where will they get the money? Asset Restructuring: Big banks might propose restructuring agreements with Evergrande, potentially involving debt-to-equity swaps, asset sales, or extensions on loan repayments. This could provide the company with temporary relief and avoid immediate liquidation, but it would come at the cost of diluting existing shareholder value and increasing bank exposure. Remember, the banks that will be affected by this are those that are not Basel 3 or ISO-20022 Compliant. They do not possess enough capital to survive another economic downturn that will happen as a result of Evergrande liquidation. So what will these banks attempt to do? Confiscate customer deposit in banks. Basically a Bail-Ins. Which will also cause a run on the banks. Which will also cause ATMS to shutdown. Which will also causes credit cards to not work. Which will also cause panic in the market place. People will realize they can not buy food, water, gas, or pay bills. Again once this happens this will be the transition to the new economy. Guess who will bring confidence back in the market once all this chaos ensues? The reinstatement of the Iraq Dinar. Do you see how the White Hats have this set up? They will two worlds with one stone. The underground bases. And the parasitic banks on the surface. All the alphabet agencies will cease to exist. Thus freeing up your government and remove all the blackmail from politics. I know this is all over the place. But this is the gist of what will happen. Why do you think Lindsey Graham wants the bomb Iran so bad? They are panicking big time.
@Prolotario1 - Ariel
In other words Sir Martin Wakefield Jacomb director for the Telegraph newspaper in 1986. He is also connected to MI6 and is involved with laundering MI6 drug money through a bank in England. Again, this is where ISO-20022 comes in. As all money will need to be Clean & Clear. Because ISO us an anti money laundering tool. Do you all see how the underground bases and the surface levels are connected? What ties them together? The fiat USD. Once you take that out of the equation due to the artificial value declining thus making "Real Money" sound again by making precious metals legal tender financial institutions will be stacking up on gold/silver. Not the fiat currency that no longer has value on the international markets. Jacomb was the director of the bank in England in 87 to 95 former head of the CIA William Casey was head of the Council of the media Network ABC. Many insiders refer to the ABC Network as the CIA Network. Something I have been trying to get across to many of you. This goes for most of mainstream news. Especially Fox 10 where Kari Lake worked for 22 years. Now do you see why all of sudden she is getting into politics? She is a Deep State asset. Which is why she took that 2 million secret donation from a company that was not legally registered in Arizona. But you mean to tell me she was sitting on a recording for a year and decided to release it now just to give this public persona that she can not be bought? Everything is connected people. Until the fiat dollar is officially removed we will not see the world we have been waiting to emerge as a result of this empire collapsing. Which will officially commence Monday. Ofcourse the banks will try to prop up the market but things will not work out the way they hope.
@Prolotario1 - Ariel
Question: Who were using these red glowing eyes prior to this Joe Biden post for years? Answer: The Anons. Question: Who told you "The fun begins right after the Superbowl? Answer: The Q-Drops. Question: Who told you the White House was empty? Answer: The Judges. Question: Who told you there will be a peaceful transition of power? Answer: The Military. Question: Who signed EO 13912 thar made them a wartime president? Answer: Donald Trump. Question: Who told you they will make the Superbowl look like a puppy show? Answer: The Q-Drops. Question: Who uploaded pictures of puppies just prior to the Superbowl and said "I love Puppies"? Answer: Elon Musk Question: Who told you they are behind the E. Musk account? Answer: The Judges. Question: Who said they have direct access to all the world leaders through Ogiame Atuwatse III? Answer: The Judges. Do you all see where I am going with this? Do not follow how "The Normies" are reacting to this post by Joe Biden. They are clueless. You have been shown through video, pictures, and documentation who is currently in control. Those red eyes means "Activation". Of what? The new virus strain. The lockdowns. The military. ________________ Preparations are in the maturation stage. You can see this through Iraq monetary reform. The Chinese Renminbi. The FX market in Nigeria. The protocol 20 system. The 8 banks banned in Iraq from USD transactions. Which are the following. 1. Ahsur International Bank for Investing. 2. Investment Bank of Iraq. 3. Union Bank of Iraq. 4. Kurdistan International Islamic Bank for Investment & Development. 5. Alhuda Bank 6. Al Janoob Islamic Bank for Investment. 7. Arabia Islamic Bank 8. Hammurabi Commercial Bank. Why is this important? Because the parallel market is about to reach the official price. And only travelers will be able to buy the USD at the singular price without the Black-Market value degrading the IQD currency artificially. All of these things are tied together. Why do you all think Google just implemented new censorship software? They want to control the outflow of info once the collapse initiates. To basically protect the failing banks (Not Basel 3 Banks) when people will be at their most vulnerable wondering why they can not access funds. Why inflation is out of control in certain markets. Why their credit/debit cards are not working. Basically creating a containment barrier for info. Remember, what I have shared with you all before. All of the things regarding optics with Joe Biden will go down on his watch and he will be blamed for the failing fiat system. So when you look at this post the military is basically telling you they are ready to press "The Red Button" on the entire plan. I told you all you are getting ready to cross the bridge into "The New Republic". But it will come with some turbulence. I hope this is enough as I have to get other things ready. Chiefs winning the Superbowl is another symbolic gesture to CIC-(Commander In Chief) to Usher in 45 (D. Trump) and the Gold Standard given Las Vegas is #4 in production globally. The Nevada State motto is "All For Our Country". Think-
@Prolotario1 - Ariel
JP Morgan Chase: Currency Exchange & What To Expect No exchange fees. No spread fees. Two forms of ID. Receipt For Currency. Not Accepting Sadam Notes. On Site Authentication. Meet With Branch Manager 1st. Bring 2 Bill Payments. Set Up Second Appointment. Iranian Rial is currently the only currency on the OFAC list. Forex Rate vs Bank Screen Rate may differ. Unlimited Exchange of Currency. No Caps on amount. This is coming directly from JP Morgan Chase branch manager. Do not deal with any teller. Go directly to the manager. Do not allow anyone to tell you otherwise unless they work in the bank. Gurus are not exchanging your currency. You are. So stop taking their words as the final say on something that doesn't involve their opinions as to how this process will go. You need to touch grass and walk into tge banks. Stop trying to take shortcuts and wait to see what your favorite guru has to say. Talk directly with the bank from this point forward on everything regarding your currency. Why? Because that is the bank that will need your reserves, deposit, and capital to function in the future. Not the other way around.
@Prolotario1 - Ariel
Why You Need A Receipt: Currency Exchange Legitimacy: Proof of purchase establishes the legitimacy of the currency holdings, ensuring that they were acquired through legal means. Compliance: Banks need to comply with regulations regarding currency exchange and anti-money laundering laws. Proof of purchase helps demonstrate compliance with these regulations. Verification: Banks may need to verify the source of funds to prevent fraud or illegal activities. Proof of purchase provides documentation for verification purposes. Documentation: Banks require documentation to process currency exchanges smoothly. Proof of purchase serves as important documentation in this process. Ownership: Proof of purchase establishes ownership of the currency, which is essential for the individual to exercise their rights over the funds. Record Keeping: Banks maintain records of currency transactions for their own compliance and auditing purposes. Proof of purchase helps in accurate record-keeping. Risk Mitigation: Banks may view transactions without proper documentation as higher risk. Proof of purchase helps mitigate this risk by providing transparency and accountability. Customer Protection: Requiring proof of purchase helps protect customers by ensuring that they are not unknowingly involved in illicit financial activities or scams. Avoiding Delays: Lack of proof of purchase may lead to delays or complications in the currency exchange process, as banks may require additional information or documentation.
@Prolotario1 - Ariel
What I am about to upload needs to be read carefully. Because it goes back to a lot of what I explained to you all. One thing you need to understand is that you hold what banks need during the transition period. And that is a Tier 2 asset called the Iraqi Dinar. The article will explain this to you on a formal basis. By having a strong Tier 2 capital base, banks can weather financial storms more easily and maintain their ability to lend money and support the economy. That's where you come in. Your IQD is going to play a pivotal role once it is reinstated on the Forex Market. Iraq will officially connect to corresponding foreign banks on March 1st to improve external balances. After that will be the next big step and that's becoming Article 8 Compliant and reinstating the IQD on global trade markets. After you read the article you will understand why banks had the meeting on February 20th for Tier 2 assets.
@Prolotario1 - Ariel
🚨Breaking News - Iraq Final Steps To Join WTO Economy News - Baghdad On Sunday, the Ministry of Commerce participated for the first time since 2004 in the Ministerial Conference of the World Trade Organization, which is being held in the capital, Abu Dhabi. Minister Atheer Al-Ghurairi said in a speech during his participation in the preparatory meeting of Arab trade and economic ministers within the Arab group for the thirteenth Ministerial Conference of the World Trade Organization, followed by Al-Iqtisad News, that “Iraq is participating for the first time since 2004 in the Ministerial Conference of the World Trade Organization, which is held in... The capital, Abu Dhabi,” pointing to “the completion of the requirements for Iraq’s access to the organization, which is the completion of the files of trade in goods and trade in services within the timetable for joining the global multilateral trading system.” The minister pointed to "the desire and seriousness of the Iraqi government to establish balanced economic relations with all countries of the world at various levels and fields by improving the business and investment environment and making real reforms in laws and legislation." He thanked "the Kingdom of Saudi Arabia for supporting the process of Iraq's accession to the international organization through the visit of its permanent ambassador to the organization, Saqr Al-Muqbel, and his chairmanship of the working group for Iraq's accession." Regarding intra-trade and increasing trade exchange between Arab countries, Minister Al-Ghurairi noted “Iraq’s keenness on the importance of the presence of Arab countries in Iraq to restore its effective role in economic organizations.” The Minister offered congratulations to "the State of the Comoros and East Timor on obtaining membership in the World Trade Organization.
@Prolotario1 - Ariel
Congratulations to everyone who stuck in there. You all are about to be the luckiest people on the planet. Joining the World Trade Organization prior to officially connecting to corresponding banks across the world on March 1st is amazing timing for Iraq. You guys have jumped through and over some hurdles to get to this point. The payoff will be tremendous.
@Prolotario1 - Ariel
Link to official report. https://economy--news-net.translate.goog/content.php?id=40856&_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
@Prolotario1 - Ariel
Iraq- Deletion Of 3 Zeros Project A Currency Redenomination: Ex. The key equation governing this is: Value = Exchange Rate x Face Value Where: Exchange Rate: The value of one currency unit against another (e.g. Dinar vs Dollar) Face Value: The number printed on the banknote (e.g. 10,000 IQD printed on a 10,000 dinar bill) When 3 zeros are removed from the Face Value via redenomination, the New Face Value becomes 10 IQD. Remember all of this is happening internally in Iraq. For their domestic market. So if you already have the IQD this has nothing to do with anyone outside the country. The central bank will adjust the Exchange Rate proportionally at the same time. For example: Old Face Value: 10,000 IQD Old Exchange Rate: 0.00085 dollars per 1 IQD New Face Value: 10 IQD New Exchange Rate: 0.85 dollars per 1 IQD So in both cases: Value = (Exchange Rate) x (Face Value) = 0.00085 x 10,000 = 0.85 x 10 = 8.5 dollars Thus the Value in dollars is conserved, keeping real purchasing power constant in the economy. Only the numeric aesthetics change essentially. Banks will implement this across deposits, loans, bills, salaries, prices etc simultaneously via the issuance of new banknotes/coins. Timing and Logistics: A key challenge is smoothly swapping old dinars for new dinars without economic disruption. So the Central Bank of Iraq will set a specific exchange period - let's say 1 month. During that time, citizens can bring old cash and account balances to banks/financial institutions to exchange directly for newly issued bills/coins based on the adjusted exchange rate and face values. Old 10,000 dinar note x 0.00085 exchange rate --> New 10 dinar note x 0.85 exchange rate Banks do this incrementally to scale. They will likely bring in newly printed money (with 3 less zeros) in stages to swap for old money until the full money supply is transitioned. The central bank monitors and manages money supply inflation indicators throughout. Additional new bills can be printed if needed to meet transactional demand during the swap. But care is taken not to devalue by overprinting recklessly. Accounting Impacts: All reporting like financial statements and accounts must reflect the changes as well during this time. It means scaling accounting balances like: Prices of goods and services Salaries Market capitalizations House values Bank balances With three less zeros appropriately. Proper protocols will govern this for auditability and truthfulness. After the Transition: After the exchange period closes, the old dinars would likely no longer hold legal tender status as a vintage collectors item. The new dinar serves all money functionality at appropriately denominated scales for ease of use. So if you bought your Iraqi Dinar before this redenomination you will not be effected. Your currency will be honored. Only people who purchase the Dinar after it goes international on the Forex will not see any significant returns no matter how much IQD they have purchased. Which is why you those who already have IQD are now top priority for Tier-2 exchanges. But hey' do not take my word for it. Here is an economists from Iraq confirming everything I just told you officially. Once again you all need to stop listening to people who get their info from Western media outlets. Please share this with people who may be confused. Read 👇 https://search4dinar.wordpress.com/2024/02/26/does-the-deletion-of-currency-zeros-affect-its-value-my-economy-explains/
@Prolotario1 - Ariel
Now do you see why I told you all how important it us to have your receipt? The banks will need to know if you bought the currency before the "Deletion Of The Zeros Project". This is not to say they may not do your exchange. But this will make the process more difficult for you. Because you will have to go through additional steps to prove you got the currency through legitimate means. But when you read the article that explains thar your currency will not lose any value you are hearing it directly from an Iraqi official who made it clear that whoever may hold IQD at this particular moment do not have to worry about your holdings not being honored as the value they will be worth once the currency is on the Forex. Because everything about the "Deletion Of The 3 Zeros Project" is for the Iraqi economy. This has nothing to do with what you hold outside the country. So everyone that has Iraqi Dinars now are is great shape.
@Prolotario1 - Ariel
1. It's a currency conversion or scale change more than anything else. Simply changing numerical representations rather than economic fundamentals. 2. The redenomination aims to keep the dinar at the same real foreign exchange conversion rate with US dollars and other global currencies. For example: Pre-Redenomination: 1,300 IQD could buy $1 USD when exchanged Post-Redenomination: 1.3 New IQD would exchange for that same $1 USD Still the same real purchasing ability. 3. Domestically within Iraq, all prices, wages, savings etc would be scaled down proportionally when denominated in new dinars. Preserving individual real buying capacity. Do you all understand now? The value of the currency will not change. Overall it's mostly an ease of use change in numeric scale. The currency itself does not lose economic value or power intrinsically through this conversion process if executed properly by Iraq's central bank. It would still buy the same amount of goods or other currencies.
@Prolotario1 - Ariel
Iraqi Dinar Update From http://Crytopolitan.com Report: Central banks globally are hoarding gold, hinting at worries over the US dollar’s stability. The move is led by BRICS nations, aiming to lessen their reliance on the dollar in international trade. Gold is being amassed as a strategic asset against potential dollar depreciation and a broader financial shift. The global stage is brimming with tension, and it’s not the kind that just ends when the credits roll. No, this suspense is way heavier and could hit your wallet like a ton of bricks. ~Jai Hamid ________________ Ariel: Now why did I post this? Well let's briefly go over the recent announcement by Iraq. On Thursday, 100 US dollars were exchanged for 146,750 Iraqi dinars in the Kurdistan Region. This is the lowest level the USD has seen in over 10 months. As of the beginning of the week, the value of each 100 US dollars was approximately 150,000 IQD, but quickly declined, so the value of each 100 USD declined by more than 3,000 IQD. Now what does this mean for the potential 1:1 or 3:1 parity of the IQD/USD where people who hold IQD can exchange and covert them to USD at a 1:1 or 3:1 exchange rate this year? Well if you are going off this report alone the difference in the decline decline in the value of the USD against the IQD from 150,000 IQD per 100 USD to 146,750 IQD per 100 USD is only about 2.2%. Which is no big deal. Iraq is one of those Central Banks who are sitting on tons of gold. This will help absorb the economic shock once they reinstate their currency on the Forex Market. Because remember all the BRICS Nations are waiting for Iraq. So everyone around the world is preparing. Because I told you all to keep your eyes on the following. 1. The Investment Law 2. The Budget Law 3. The HCL Law Let's go over these three areas briefly. The Investment Law in Iraq, known as Investment Law No. 13 of 2006 (amended in 2015), aims to promote and facilitate both foreign and domestic investment in the country. The law provides a framework for investment in various sectors, including industry, agriculture, tourism, and infrastructure. 5 Key Aspects of The Investment Law • Equal Treatment • Investment Incentives • One-Stop Shop • Land Allocation • Dispute Resolution Despite the favorable provisions of the Investment Law, Iraq still faces challenges in attracting foreign investment due to security concerns, political instability, corruption, and bureaucratic hurdles. So what is the one thing they need to fix this? The new exchange rate. What is next? The Budget Law Now what did the finance committee come out and say a few days ago? The Parliamentary Finance Committee, last Thursday (March 28, 2024), reassured employees and retirees regarding their salaries in the financial budget for the year 2024. What are the main things in the Budget Law? Well you would have to look in the 2023 budget first because these projects have not been financed with the new currency exchange rate. Infrastructure development: Funds allocated for various infrastructure projects, such as roads, bridges, and public facilities. Oil & Gas Sector: Investments in the oil and gas industry to increase production, upgrade facilities, and improve the sector's overall performance. Electricity sector: Projects to enhance electricity generation, transmission, and distribution to address the country's chronic power shortages. Water resources: Allocations for water management projects, including irrigation systems, dams, and water treatment plants. Agriculture: Support for agricultural projects and initiatives to promote food security and rural development. Reconstruction efforts: Funds dedicated to rebuilding areas affected by conflict and terrorism, particularly in provinces such as Nineveh, Anbar, and Salahuddin. Economic reforms: Initiatives to diversify the economy, attract foreign investment, and support the private sector. Guess what? All of these projects have been on hold for years. The most important ones being infrastructure, economic reforms, and the electricity sector. Iraq and Iran recently signed an electricity deal in March 2023. The agreement was signed during Iranian Energy Minister Ali Akbar Mehrabian's visit to Baghdad on March 7, 2023. Under this deal, Iran will continue to supply electricity to Iraq for the next two years. So we got that out of the way. Because it makes sense to ensure they have this in order to ensure stability in operations to facilitate a electronic transfer of new currency values. Because what did Al-Sudani tell the Iraqi citizens? To hold on to their Dinar because it will be the stronger currency in the region. One reason being is because their 2024 budget is equivalent to 70 tons of gold. Not only that Al-Sudani said they will be making an announcement before the end if Ramadan. Which should be sometime Monday for us to know what this is. Because their new fiscal year starts on April 1st. So I guess they will open up the books on their portfolio. Again I just listed many projects that need a exchange rate. So what is the current status of the 2024 budget? Well let's look and see what a member of the Parliamentary Committee said a couple of days ago. Qoute: " The head of the committee, Atwan Al-Atwani, told the official agency, followed by “Baghdad Today,” “We are awaiting the arrival of the 2024 budget schedules.” He added, "The salaries of employees, retirees, and the protection network are secured in the 2024 budget." Al-Atwani stressed, "There is no financial crisis in Iraq." End quote. And what is the one thing Iraq needs in order for this budget to have any real value for their economy? The new exchange rate. Will this be apart of the announcement Al-Sudani has mentioned? We will see. Do they have the luxury of dragging their feet another month or so for that matter? Absolutely not. One reason being is this. Prime Minister Muhammad Shiaa Al-Sudani announced last Thursday, the start of setting 2024 budget schedules that include added financial entitlements to the governorates that will be allocated to infrastructure. What are the entitlements? One major one is the HCL Law. Thought I forgot to mention this one didn't you? This law is basically a constitutional requirement for the Oil & Gas allocations that will be based on the exchange rate that has yet to he shown. It allows the citizens to get a monthly stipend. Here's how the proposed stipend system could work under the HCL: Revenue allocation: A percentage of the revenues generated from Iraq's oil and gas exports would be set aside for distribution among Iraqi citizens. Eligibility: All Iraqi citizens, regardless of their region, ethnicity, or religion, would be eligible to receive the monthly stipend. Distribution mechanism: The stipend would be distributed through a national fund or a designated government agency, possibly linked to the existing Public Distribution System (PDS) that provides essential food items to Iraqis. So as you can see they are in prime position to open their budget. Because this also mentions the citizens in this statement regarding their entitlements. Article quote: "...In addition to the possibility of achieving a significant increase in its financial incomes that would raise the purchasing power of the Iraqi individual...". Purchasing power will only come from the new rate. They are running against the clock people. Keep your eyes on the budget over these next few days. That's where our financial freedom is. This is the most exciting update because Iraq officially announced they are ready to open it. Goodluck out there.
@Prolotario1 - Ariel
Iraqi Dinar Report 🇮🇶 "There is no doubt that there are those who view the strategic framework agreement as a purely security agreement; but this is not true as it includes many files. This is why the Sudanese government is seeking to implement and activate the terms of this agreement at the present time." End quote.
@Prolotario1 - Ariel
Link to full report. https://dinarrecaps.com/our-blog/iraq-economic-news-and-points-to-ponder-monday-afternoon-4-15-24
@BRICSinfo - BRICS News
JUST IN: 🇮🇳🇺🇸 India says it's not pursuing de-dollarization policies and no decisions have been made so far on a BRICS currency. This comes after US President-elect Trump threatened 100% tariffs on BRICS nations if they attempt to replace the dollar in international trade.
@BRICSinfo - BRICS News
The head of India's central bank says the country is not pursuing a policy of de-dollarization and no decisions have been made so far on the BRICS currency, a week after President-elect Donald Trump threatened to slap 100% tariffs on the BRICS group of nations if they attempt to replace the dollar in international trade. In a press briefing on Friday, Reserve Bank of India Governor Shaktikanta Das was asked about Trump's comments and said: "There is no step which we have taken that specifically wants to de-dollarize." Source: https://www.forbes.com/sites/siladityaray/2024/12/06/de-dollarization-is-certainly-not-our-objective-india-says-after-trumps-100-tariff-threat-over-brics-currency
@gregreese - Greg Reese
Big Banks Prepare for Compliance Based Currency https://t.co/XCgbHKyGKO
@Prolotario1 - Ariel
🚨 See no evil. Hear no evil. Speak no evil. Do no evil. When President Putin met with Saudi Arabia UAE on Dec 6th you all know that was the end of the Fiat USD correct? European Currency ⛔️ Ukraine Currency ⛔️ Russia Currency ⛔️ China Currency ⛔️ US Currency ⛔️ These will go down in value. Which will help emerging markets like Iraq reinstate their currency so they can trade with 1:1 parity with 1st world economics. This is why I have told everyone over the years that we will not seeva reinstatement until the fist collapses. Vladimir Putin took the Russian chief of the Central Bank. The documents that were signed had to do with a currency peg. This was signed on behalf of all the Opec nations. US Treasury 📛 Federal Reserve 📛 SOFT Bank 📛 Japan Bank 📛 China Bank 📛 US Banks 📛 All will go to zero value. When is this expected? Between December 15th & January 15th. This is the panic window where everything goes into implosion mode. Why? Didn't I already state from official reports in Iraq that the fiat USD will not be used after January 1st 2024? Didn't I state that Iraq announced that the dollar crisis will end before 2023? So ask yourself what is supposed to happen for those two things to occur? Remember years ago when Donald Trump kept saying that the dollar value was to high? Remember he kept saying how much IQD we have in reserves? Remember he kept saying that the US Troops will not leave Iraq until America is paid? You are in this moment right now. Because something has to be done prior to this taking place. So right now we are in a lull period before things pick up next week once we feel the after affects of what V. Putin did. Because that 100+ trillion that is due on December 15th is not viable for the US because we only have that in fiat USD. Which means those derivatives are about to come home to roost. Those Mortgage Backed Securities, forget about it. Now do you all see why those bankers on Capitol Hill were crying about Basel 3? They know they are sitting on debt that will not allow them until 2025 to pay it off. Which is why I constantly said most banks do not have until that year to implement Basel 3 or ISO-20022. They are about to go extinct. And they only have so many days left. What comes after this? Freedom. Again as I said before it was the 1929 stock market crash that got us into this mess and it will be the 2023 crash that gets us out.
