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Thread: Here we go!!

  1. #151
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    Busy

    October 07, 2018




    The Central Bank of Iraq issued its second edition of the banknotes of the categories of (25000, 10000, 1000, 500, 250) dinars, stressing that he will continue trading circulation of cash currently traded from the above categories with the new categories without any intention to withdraw from circulation.

    They're busy...

    ​$

  2. #152
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    local hires will

    Iraq will stipulate in all new contracts with foreign oil companies that 85 percent of the workforce hired on a project be Iraqi, Oil Minister Jabar al-Luiabi said on Monday.Luiabi*s comments follow months of protests in the oil-rich southern province of Basra, which contributes 95 percent of Iraq*s oil revenues but suffers from poor basic services, unemployment, and where residents lack access to clean water.
    ------------------------------------------

    local hires at good salaries will increase the demand for lower denominations/coins to buy basic staple items. the baker can't sell bread for long having to make change for high denomination notes that are currently used,
    unless each house needs a lot of bread...they're getting by for now.

    $



  3. #153
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    https://mriguide.com/updates/

    need some pictures of coins and lower denominations. they're coming.

    ​$

  4. #154
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    closer look

    https://ekurd.net/iraqi-new-dinar-banknote-2018-10-07


    However, it is the 1000 dinar note that seems to be getting the most significant makeover.

    $


  5. #155
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    Too Bad

    Indonesia Sees Need for Alternatives to Dollar (1:21 p.m.)

    Thomas Lembong, chairman of the Indonesia Investment Coordinating Board, opened up the Bloomberg Modern Markets conference with a broadside against the dollar. He notes tectonic shifts against the greenback, citing comments from Russian President Vladimir Putin and others, about the need for alternatives to the dollar and the need for an alternative trading system.
    He said the dollar causes complications for emerging economies, though it’s not going away anytime soon. Indonesia has been swept up in the market turmoil triggered by rising U.S. interest rates and a stronger dollar, which has pushed the rupiah down 11 percent this year.


    “The challenge today is not its dominance but it’s over dominance.”

    Yeah, try the word HEGEMONY, and yes, it will increase the value of the IQD, like it or not...


    $


    Last edited by dollarsign; 10-15-2018 at 03:54 PM.

  6. #156
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    Genesis of discontent...

    Since the lifting of EU sanctions on the CBI, a rise of discontent over the dollars global position has been evident. From the EU's Juncker, to Indonesia as the IMF wraps up meetings there this weekend, outrage has increased.

    From Al Arabiya

    Until a few decades ago, any idea of straying away from the petrodollar was seen as a direct threat to American global hegemony, requiring of a military response and one of the causes of the US invasion of Iraq was that Saddam Hussein had decided to move away from the US dollar as a currency for Iraqi oil exports and instead linked it to the Euro, making other oil producers like Venezuela and Iran to mull the same.

    hasn't done much for the exchange rate of either country...


    $


    Last edited by dollarsign; 10-15-2018 at 03:55 PM.

  7. #157
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    Then

    FATF President...

    Mr. Marshall Billingslea of the United States assumed the position of President of the FATF on 1 July 2018.

    Mr. Billingslea serves as the US Department of the Treasury’s Assistant Secretary
    heading the Office of Terrorist Financing and Financial Crimes. In this role he is responsible for policy development and international engagement pertaining to anti-money laundering and countering the financing of terrorism.
    Previously, Mr. Billingslea served as a Managing Director at Deloitte, responsible for its Federal Business Intelligence Services group,

    And, slightly back then...

    Iraqi Kurdistan generated $1.663 bln from oil sales in 2018’s first quarter: Deloitte

    Posted on August 14, 2018 by Editorial Staff in Economy, Economy, Oil & GasDeloitte’s offices in London. Deloitte is the Iraqi Kurdistan’s oil auditing firm. Photo: AFP


    HEWL R-Erbil, Iraq’s Kurdistan region,— Iraqi Kurdistan Regional Government (KRG) generated more than $1.663 billion USD in revenue from oil sales in the first three months of 2018.
    The KRG has released a report prepared by Deloitte on oil production, export, consumption, and revenue in the Kurdistan Region between January 1 and March 31 of this year.
    Iraqi Kurdistan signed a contract with the international audit firm
    on October 5, 2015 to examine oil production and revenue in an effort to improve transparency.

    like a swiss watch...

    $
    Last edited by dollarsign; 10-16-2018 at 12:08 PM.

  8. #158
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    define the value of the dinar as one-third of a dollar plus one-third of a euro, plus one-hundredth of a barrel of oil.-------

  9. #159
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    Powerful stuff...

    a lot of things have happened since Aug. 14th (pg. 13 of this thread), that only that kind of power can initiate Rich man. we will all stay tuned...

    $

    Last edited by dollarsign; 10-18-2018 at 07:44 PM.

  10. #160
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    Active Measures...

    The Treasury's Office of Foreign Assets Control added Afaq Dubai to its list of specially designated global terrorists for 'assisting in, sponsoring or providing financial, material or technical support' for the Islamic State group, the department said in a statement.

    The Treasury action followed a Pentagon decision on Oct 11 targeting a financial group supporting Islamic State.
    The Treasury said the moves are part of a broader US effort to target a network of money services businesses that enable Islamic State to carry out operations across the Middle East. In September, the Treasury took action against Islamic State financial facilitators with ties in the Caribbean and the Middle East. It took action against a money exchange group in Syria in December 2016.
    The Treasury said Afaq Dubai is located in Iraq and does not have branches in the United Arab Emirates, despite its name.

    Joining iranian and north korean entities who can't cash in for Dollars...

    $

    Last edited by dollarsign; 10-18-2018 at 11:57 AM.

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