Dinarland Highlights – 4.16.26
Mountain Goat
Article:
“MALIKI SETS CONDITIONS TO OBSTRUCT SUDANI’S SECOND TERM… AND THE POPULAR MOBILIZATION FORCES ENTER THE FRAY”
Quote:
“… his readiness to withdraw his candidacy for the position of Prime Minister, in exchange for not nominating and renewing the term of the current Prime Minister, Mohammed Shia al-Sudani, for a second term.”
Nouri al-Maliki, head of the State of Law Coalition block received the less votes of all the major blocks, yet he thinks he is going to now dictate terms of who is going to get the nominee for prime minister if he backs out? You have to be kidding me! …I want to remind you again that Al-Sudani won the popular vote as his block won the most votes of all the blocks…This only proves to us that al-Sudani is our man who can continue the reforms and move Iraq forward.
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Bruce (The Big Call)
[via WiserNow]
…we know this is a military operation… And we’ve got some good information that’s come in recently…the information that’s coming in was very, good for this week, and I think we are still good for this week…One of our sources is talking about by Friday.
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MarkZ
[via PDK]
Comment: Vietnam upgraded to emerging economy…huge upgrade.
MarkZ: Vietnam is considered by many to be in a “Golden Era”… Lots of positive news from Vietnam.
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Reset Intelligence
The 15-Day Fuse…started the constitutional countdown on April 11 when President Nizar Amedi took the oath. Article 76 gives the new president fifteen days to task the largest bloc’s nominee with forming a government. That deadline lands on or around April 26. A Saturday.
Iraq is doing something different. Iraq isn’t restructuring its currency just to make the numbers smaller. It’s building the infrastructure to increase purchasing power. The redenomination restructures the notes, but the revaluation sets the new rate. These are two separate events but they work together. You don’t spend a decade modernizing your entire banking system, installing cross border settlement infrastructure, triaging 72 banks and embedding US Treasury officials inside your central bank building …Iraq is building a $17 billion dollar trade corridor all just to keep the same program rate doesn’t really make much sense. That’s the part the “lop” crowd can never answer…
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Frank26 (KTFA)
The lifting of the three zeros of the Iraqi dinar has officially started…This is an amazing day for the monetary reform…What they need to do now is add value to the currency in order to remove the three zero notes…In doing so it will introduce lower notes with purchasing power because they will have that power added by a different exchange rate.
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Steve
There’s maybe three people in the world that know exactly when the dinar is going to revalue…I think even those three people don’t have the exact date and time in place because I do believe the timeline is a moving target depending on a bunch of factors like the Iran war…the Iraqi government.
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MilitiaMan
Noise in the parallel market is quite common…The bottom line is the central bank is very much capable of maintaining control. Yes, you see spikes back and forth but ultimately it’s nothing new. They got it under control…It’s an i-----l market and it’s probably going to go away…
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Walkingstick
[Aki bank friend update]
Aki is not in a good mood…Aki called me last night and he does not talk like this ever to me. His anger was channeled in his frustration of sitting there month after month. He says right now we are waiting for Trump to end this war with Iran… Aki’s cousin is the most angriest person right now. Aki’s cousin owns the biggest contract in Iraq.
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Paulette
The CBI can make a change to the rate at any time and they told us last Fall that they are moving forward with the project…
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
https://www.dinarguru.com
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