Dinarland Highlights – 11.17.25
Mountain Goat
Article:
“AFP: SUDANI COALITION ACHIEVES MAJOR VICTORY IN IRAQI E*******S”
...the coalition of Iraqi Prime Minister Mohammed Shia al-Sudani achieved a major victory in the parliamentary e*******s held on Tuesday. All I can say is THANK GOD Al-Sudani is going to have a second term…We needed to see a stable government for our January reinstatement. Since these two events are so close, a bad e******n would certainly have postponed what we are looking for. Let’s keep praying. nothing goes wrong.
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Bruce (The Big Call)
[via WiserNow]
So we had four different sources that are saying very good things about the timing of this…they’re on Route… they’re put in a system, loaded and ready to go…Now, whatever happens you guys know that this is a moving target, and we did not know that the government had to be opened up…but you know, the government’s reopened now so that that bridge has been crossed…I think everything is ready. We know Iraq is ready. We know that…the redemption center screens are showing rates on the front screens…So,…until it actually happens and we have numbers, we’re not there, yet…Let’s see what happens. Stay patient for it.
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Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: Saleh back on TV. He’s talking to us about the passage of the first amendment…that will help us secure Iraq into joining the WTO…He said it improves the market efficiencies by reducing prices and raising the quality of goods…There’s a lot of people from the WTO here today. They’re all saying very nice things about us in our economy and how we’re going to be making a difference in the Middle East.
Who’s going to buy the Newsweek magazine? Can you buy it now? No, not the one we saw with Suandi on it. When? …on the 21st. I would make note of that. The 21st. Sudani comes out on Newsweek for the whole world to see him… Everybody knows about this on the 21st. What do they know about on the 21st? …I can’t wait to read it.
The buzz is in the streets of Iraq…it’s not everywhere but it’s in at least 60% to 70% of Iraq. There are areas where they don’t know yet. That’s because of lack of communication.
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Pimpy
Al-Sudani is very close to being the PM for a second term. His group won the e******n but remember you have to form bigger groups with other blocks inside parliament. In order for al-Sudani to be prime minister again he’s got to form the biggest block. Having said that, this is when Maliki is at his best, right in this situation. He always finds a way to get the most blocks and stay in power. Let’s hope that doesn’t happen.
[The dinar change] really depends on the outcome of this e******n. We need al-Sudani’s people to get the most blocks. But Maliki is tricky. He’s very good at what he does. His group of people have been in power for 20 years. If Maliki grabs power of Iraq again and they appoint a new prime minister, we’re s*****d, we’re back to square one… Malki and his people cause most of the c********n in Iraq. Al-Sudani was taking them out of being c*****t, moving them forward and doing what was right for the Iraqi people. We need Al-Sudani to be in there for another term…
People have brought this to my attention…
Article quote:
“Floating the dinar could stabilize automatically and the value in the distant future between 3.22 and 4.25 dinars to the dollar”
I had originally said I think that’s a typo only because 3.22 used to be the old exchange rate but that’s if it was the other way around, 1 dinar for $3.22…Let’s take a look at…3.22 dinars for $1. That means for every million that you have, divide by 3.22…I get $310,559…Or 4.25 gives me $235,294. You also have to take into the consideration the deletion of the zeros. I have 5 million dinars. Take the 3 zeros off, I now have 5,000 dinars…So they’re saying 3.22 or 4.24 dinars for every dollar…It comes out to $1,55.79…$1,176.47. Nobody likes that (scenario)… Remember the exchange rate right now is .00076, equals .76 after you take the zeros off. So my 5,000 would give me at least $3,800. But what you’re hoping to get is this – they take the zeros off [notes and exchange rate] fine I get $16,100 to $21,250. You’re not a millionaire but it’s better than nothing.
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Samson (KTFA)
Article:
“IRAQ IS NEARING FULL MEMBERSHIP IN THE WORLD TRADE ORGANIZATION”
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MilitiaMan
The strength of the Iraqi dinar is going to be very high…The country is going to be able to have an amazing economy when things become cheaper in dinar terms on a global stage…Low inflation rate and high reserves and high gold holdings as reserves is phenomenal. They’ve done all the right things.
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Kaperoni
Article 1:
“Iraq is nearing full membership in the World Trade Organization.”
Article 2:
“Government approval of amendments to the Commercial Agencies Law to support joining the global trade system.”
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Sandy Ingram
Article:
“Sudani wins largest bloc in Iraqi e*******s but may still be blocked from second term by pro-Iran coalition”
This means for the next few weeks or even months all the different political teams will be fighting among themselves making deals behind the scenes. Sudani’s future as prime minister depends on whether he can convince other teams to join him…
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MarkZ
[via PDK]
Question: …are we still in limbo?
MarkZ: I don’t think we are in limbo- I think we may be in the doldrums for news while they finish it up…Remember we do not know the timing…I very much think that float is ready to rip!
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Clare (KTFA)
Article:
“Government advisor: Amending the Commercial Agency Law supports Iraq’s requirements for joining the World Trade Organization”
Quote:
“The Prime Minister’s financial advisor, Mazhar Muhammad Salih, confirmed on Sunday that the Cabinet’s approval of the draft law amending the Commercial Agency Regulation Law would support Iraq’s accession to the World Trade Organization and improve market efficiency by reducing prices and raising the quality of goods, as well as supporting investment and integration into the global economy.”
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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