Dinar Recaps

View Original

News, Rumors and Opinions Sunday Morning 5-12-2024

KTFA:

Frank26:  "BILLIONS FOR THE ECONOMIC REFORM... EQUALS A NEW EXCHANGE RATE."........F26

 Al-Sudani launches a package of new service projects in Babylon

 5/9/2024

Today, Thursday, Prime Minister Muhammad Shiaa Al-Sudani launched a package of new service projects in Babil Governorate worth (1,276,740,000,000) dinars.

Al-Sudani’s media office said in a statement received by {Al-Furat News}, “Prime Minister Muhammad Shia’ al-Sudani, during his visit to Babil Governorate, today, launched a package of new service projects worth (1,276,740,000,000) dinars.”

He added, "The projects include:

See this content in the original post

-Integrated projects for sewage, sewage, and rainwater in (Al-Qasim, Al-Hashimiyeh, and Al-Madhatiya districts), with a total amount of (364,500,000,000) dinars.

-An integrated project for sewage, sewage and rainwater networks for Al-Kifl district, amounting to 134.2 billion dinars.

-A link road with the highway (Basra - Baghdad), via the Imam - Anana district - to Al-Ibrahimiya in the Hindiyah district, at a cost of 320 billion dinars.

-Management and operation of Imam al-Sadiq Hospital (peace be upon him), by a specialized foreign company for $60 million.

- Referring the large Hilla sewer project/second phase to implementation at a cost of $287 million.   LINK

************

Frank26:  "THE REALITY IS A NEW EXCHANGE RATE!!!".........F26

 It will change the reality of Iraqi banks.. Al-Alaq reveals a plan that enjoys Sudanese support

 5/9/2024  Baghdad

The Governor of the Central Bank, Ali Mohsen Al-Alaq, revealed today, Thursday, the progress of a plan supported by the government to change the map of the banking sector and its reality in Iraq.

The Central Bank stated in a statement received by Mawazine News, “The Governor of the Central Bank, Mr. Ali Mohsen Al-Alaq, received today the French Ambassador to Baghdad, Patrick Durel.”

He added, "The meeting discussed ways to strengthen banking relations between the two countries, and His Excellency the Governor provided a comprehensive explanation of the relations and economic conditions, as well as the government's directions in consolidating the foundations of the national economy and diversifying it in light of the state of security stability achieved in Iraq."

 Al-Alaq confirmed that “the plan to restructure government banks is supported and monitored regularly by the Prime Minister,” noting that “this plan will change the map of the banking sector and its reality in Iraq.”

He pointed to "the rapid developments in organizing, monitoring and analyzing foreign transfer operations and covering foreign trade in accordance with best international practices and standards, which are receiving great praise and attention from international and regional organizations."

It is noteworthy that the Central Bank of Iraq owns deposits and accounts with the Central Bank of France, and they have been linked by cooperative relations over many years.   LINK

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:  My bank friend told me that [the new green 1000 dinar note] is on the CBI website.  FRANK:  Fils will not only be in precious metals but they will also be in paper...You might see an article about this today or tomorrow...Look at this note [new green 1000]...it looks like a 1000 note but...this green one is going to become part of your ability to give back change. FIREFLY:  None of us have seen this before. FRANK:  This is 100% proof you have a new monetary reform coming because if they're going to introduce these fils in a paper form then that means you have a new exchange rate to adjust to it.

Militia Man   Article:  "Floating the dinar returns to the forefront will the Central Bank of Iraq resort to it and what the risks?"  The bottom line is Iraq is going to make an exchange rate change.  They've told you about it...A managed float is a mix of a fixed and a float...Are they going to change it to a free float?  Probably not because there's a lot of risks at that stage...Ultimately what is their goal?  Raising the value of the dinar against the dollar.  That's what they're going to be trying to do...

See this content in the original post

States Say "NO" To Overreach by UN, WHO, & WEF | Alex Newman

Liberty and Finance:  5-11-2024

America's founding fathers wrote that it was the "rightful remedy" for the state governments to interpose between the federal government and the citizens of the states.

Throughout US history, state governments have nullified overreach by the federal government and protected the rights of citizens.

Journalist, author, and educator Alex Newman joins us to discuss recent state bills that are now protecting citizens against overreach by unelected international organizations.

Louisiana Senate Passes Bill to End State Cooperation with UN, WHO, & WEF: "The proposed law declares, 'The World Health Organization, United Nations, and the World Economic Forum shall have no jurisdiction or power within the state of Louisiana.' ” https://blog.tenthamendmentcenter.com/2024/03/louisiana-senate-passes-bill-to-end-state-cooperation-with-un-and-who/

INTERVIEW TIMELINE: 0:00

Intro 1:20 Preparedness

7:32 Sheriffs conference

 14:00 Constitution and state's power

 23:33 Alex Newman's resources

https://www.youtube.com/watch?v=iE1WPVkwQ2A

See this content in the original post