Saturday, October 26, 2024
Washington succeeds in keeping Iraq away from direct war in the region – urgent, , 27 OCT
Washington succeeds in keeping Iraq away from direct war in the region – urgent
Baghdad Today – Baghdad
The Director of the Accreditation Center for Security and Strategic Studies, Retired Major General Imad Alo, confirmed on Saturday (October 26, 2024) that the United States of America succeeded in keeping Iraq away from the direct war in the region.
“American actions and diplomatic contacts with various parties in the Middle East and with mediators across the Iranian side prompted to determine and limit the level of the Israeli response to Tehran, and also helped not to push Iraq into the war directly and to be away from direct confrontation and others,” Allo said in an interview with Baghdad Today.
He pointed out that “American moves have achieved clear successes by Iraq being far from the war and not part of it and also supporting the position of Iraqi Prime Minister Mohammed Shia Al-Sudani in Baghdad’s non-engagement in this conflict.”
Alo added that “the Iraqi atmosphere was not far from the use of Iran in its response to Israel, as well as that atmosphere was not far from the use of Israel in its response to Iran,” stressing that “this airspace was a corridor for this response due to the weakness of Iraqi air defenses.”
The retired General concluded by saying that “all these efforts prompted the Iraqi government to strengthen and develop the capabilities of air defenses during the next phase.”
Israel launched a series of airstrikes on Iran early Saturday morning, and explosions were heard in the Iranian capital Tehran, although there were no reports of damage or injuries.
Four hours after the start of the operation, which Israel called “Days of Response,” the Israeli army announced that it had completed the attack on military targets in Iran, that all its aircraft that carried out the attack on Iran had returned to their bases in peace, and that the operation had achieved all its objectives.
Israeli military spokesman Daniel Haggari said the attack was politically directed in response to the Iranian regime’s attacks against Israel and its citizens.
A senior U.S. official said that the Israeli response to Iran was over, and asked Tehran not to respond or escalate, stressing that if Iran decides to respond, “we will be completely ready to defend Israel again and there will be serious consequences.
This should be the end of the exchange of direct strikes between Israel and Iran.
The Israeli offensive began before 2 a.m. on Tehran, and shortly after, Israeli army spokesman Daniel Haggari announced the launch of a precise and targeted attack on Iran.
Later, Israeli media reported a second wave of Israeli attacks against Iran, some of which targeted sites in Shiraz, and then the American Axios website reported Israeli and American officials as saying that Israel targeted Iran with 3 waves of strikes, and that the first waves of those Israeli strikes targeted Iran’s air defense system.
About four hours later, the Israeli Broadcasting Authority confirmed the end of the Israeli attack on Iran, in which hundreds of fighter jets participated, and the New York Times quoted Israeli officials as that the attack on Iran ended after hitting about 20 sites.
TIDBITS FROM WOLVERINE, 27 OCT
Wolverine
The private contractors have seen their letters of confirmation that they will get paid this coming week. That is a million percent confirmed.
The biggest news is that the biggest Whale in the RV got paid and went home to start the process to help humanity ...
he is a good friend of mine, and when that news came through, I started crying... I also, will be jumping in with them to help with their humanitarian projects...
I will be flying out soon, but cannot tell you where.
When I get the green light, you will not hear from me again, but the opera [RV?] will come before that happens.
Sudanese directs the conclusion of contracts in euro currency, 26 OCT
Sudanese directs the conclusion of contracts in euro currency
Economy News – Baghdad
Prime Minister Mohamed Shia Al-Sudani directed ministries and governorates to accept offers and bids and conclude contracts in euro currency equal to the dollar currency.
The Secretary-General of the Council of Ministers, Hamid Al-Ghazi, said in a letter issued to state institutions, that the Sudanese directed the acceptance of offers and tenders and the conclusion of contracts in the European currency “euro”, equalization in the US dollar currency in accordance with the decisions of the Council of Ministers and the instructions issued by the Central Bank of Iraq regarding the currency of the US dollar.
Below is the document:
EXCERPTS FROM BRUCE, 26 OCT
EXCERPTS FROM BRUCE
Now let's see what else we can talk about. Oh yeah, bond holders, we always bring that up, bond holders, and we know of some going in today to set up their quantum accounts with a couple of different banks and they were able to do that, and they were told they would have access to these funds in one or two days. And some have to go back in again tomorrow to do more paperwork or to leave more paperwork with the bank, but this is telling us that we should be there also in one or two days, 24 to 48 hours - So let’s take it a little further and say, first of all, the information that we're getting about our start in tier four is based on us being notified, not Thursday which is today, but Friday, which is tomorrow, And setting our appointments and exchanges over the weekend. We think could we be notified Saturday and go Saturday? , yeah, we could, - could we get notified tomorrow, Friday and start exchanges Saturday? Yes we can .
For a billion dinars. Sudanese approves the financing of Najaf Sports Club (document), 26 OCT
SumeriaNews – Politics
The president approvedCouncil of Ministers Mohammed ShiaAl-Sudani, Saturday, October 26The first2024, on the funding of a clubNajafThe athlete in the amount of one billion dinars.
According to a document issued byMinistry of FinanceI got itSumeriaNews, it is based on approvalSudaneseAnd the directives of the Minister of Finance, it was decided to grant a club NajafThe athlete is a billion dinars.
The document below:
DINARLAND UPDATE : STATUS IN IRAQ, 26 OCT
DINARLAND UPDATE : STATUS IN IRAQ
🇮🇶 Iraqi leaders emphasize the importance of political unity and addressing regional tensions.
💰 Iraq's credit bank reports substantial profits, but deposits are declining despite increased revenues.
🤝 New economic agreements with Spain aim to deepen trade relations and invite Spanish companies for reconstruction projects.
📈 Iraq's prime minister highlighted over $100 billion in foreign investment opportunities across various sectors.
🏦 Central Bank of Iraq continues banking reforms, focusing on digital transformation and financial stability until 2026.
🌍 The BRICS Summit aims to reduce U.S. economic dominance and explore new payment mechanisms using cryptocurrencies.
🌟 Concerns arise over foreign banks dominating the Iraqi market; legislation is planned to limit their influence.
📉 Central Bank reduces interest rates in response to decreased inflation, which has fallen to less than 3%.
“There will be a deficit in the investment budget.” Parliament’s finances indicate an increase in internal government debt by 10 trillion – urgent, 26 OCT
Fourth – Special
The Parliamentary Finance Committee, on Monday, indicated an increase in internal government debt by 10 trillion, and suggested that the investment budget would be exposed to the deficit.
The member of the committee, Moin Al-Kazhimi, said in an interview with (Fourth), that “the 2024 budget is estimated at 211 trillion in a planning point of view, but what has been implemented by the government and the actual spending until the end of September is only about 90 trillion,” adding: “This depends on the available liquidity in the Ministry of Finance.”
He added that “this estimated planning deficit will not be achieved practically on the ground, but the government will spend its oil revenues of 120 trillion and non-oil revenues of less than 20 trillion, and this actor will be approximately 10 trillion to 150 trillion,” noting that “the 10 trillions are the new debts borrowed by the government from TBl Bank and Rafidain or the sale of bonds” …
"If you go there you see it loss it's zero and it's .0014 instead of .0076 " BY NADER FROM MID EAST, 26 OCT
Nader From The Mid East
Monday night (Tuesday Morning) I was in bed and I received a phone call around 2 o'clock in the morning over here in the States. They go like, hey Nader you go on Forex and watch what's happening in Forex...
I go to Forex and I see this spike. Boom. Big spike. This first time since 20 years I see it...
I look at it and it's missing one zero. Instead of three zeros is only two zeros...I'm there looking at it.
I'm not believing myself what I'm seeing and I see it going down too, back to .00076 ...For me they bring to do it.
They're testing it. They testing it late night or early morning over there just to see how it's going to work out...
If you go to google, type in Iraqi dinar exchange rate. Click 5d (last five days view).
If you go there you see it loss it's zero and it's .0014 instead of .0076 ... [Note: See the spike on the chart from a few days ago by clicking here to view on Google ]
Oil: Gas investment project implementation with Total is progressing within the specified timeframe, 26 OCT
Oil: Gas investment project implementation with Total is progressing within the specified timeframe
The Ministry of Oil confirmed, today, Friday, that the gas investment project work with the French company Total is proceeding within the specified timeframes.
A statement by the ministry – received by the Iraqi News Agency (INA) – stated that “Undersecretary of the Ministry for Extraction Affairs, Basem Mohammed Khader, chaired the seventh meeting of the Joint Management Committee for the project, in the presence of Undersecretary of the Ministry for Gas Affairs, Izzat Saber, Director General of Basra Oil Company, Basem Abdul Karim, and Director General of South Gas Company, Hamza Abdul Baqi.”
The Undersecretary said during the meeting – according to the statement – that “the progress of the implementation of the gas investment project implemented by the French company Total in Basra is proceeding within the specified timeframes, as confirmed in the government program and the directives of Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul Ghani.”
The Undersecretary confirmed – after chairing the meeting – that “the project is one of the important and strategic projects on which great hopes are pinned, as it includes important projects, including the development of the Artawi field and gas investment in five oil fields in two phases with a capacity of 600 mcm, each phase 300 mcm, in addition to the seawater project to inject water into the fields to compensate for the depleted pressures, as well as the solar electric energy project with a capacity of 1000 megawatts in four phases, each phase 250 megawatts.”
He added, “The meeting discussed several topics, the most important of which is how to start the accelerated gas investment project, which is an additional paragraph for the project that was not included in the obligations, but was added after the directives of the leadership of the oil sector and the government on the necessity of closing the gas flaring file and optimal investment of associated gas, and the project was referred with a capacity of 50 cubic meters.”
The statement continued, “During the meeting, the mechanisms for starting drilling operations were discussed, as tenders were referred in this regard, and they will begin after December of this year,” noting that “the seismic surveys project was assigned to a Chinese company in cooperation with the Oil Exploration Company.”
He pointed out that “regarding the seawater project, there are negotiations with one of the companies in agreement with Total, and we hope to reach an understanding in this regard.”
The statement explained that “the meeting stressed the importance of the participation of Iraqi workers from graduates and other workers in the project, and this will be through contracting with them directly from Total, without the need for other parties.”
RV UPDATE BY JULIAN ASANGE, 26 OCT
Fri. 25 Oct. 2024 Julian Assange on Telegram:https://t.me/The_JulianAssange
- On Wednesday, October 23, the BRICS countries announced their long-awaited Global Currency Reset, which was already in progress.
- Bondholders in Tiers 1 and 2 have received their funds, and the payout process has begun, though it’s under NDAs to prevent public disclosure.
- At any moment, Tiers 3 and 4a,b (including the Internet Group) may receive notifications for redemption appointments.
Delayed sending the payrolls of the Kurdistan Region hinders their disbursement for this month, 26 OCT
Delayed sending the payrolls of the Kurdistan Region hinders their disbursement for this month
Shafak News / Informed sources in the Ministry of Finance of the Kurdistan Region said. On Saturday, the ministry has not yet sent the salary statements for the month of October to the Federal Ministry of Finance in Baghdad, which is waiting for these lists to conduct the necessary audits before transferring money to the region.
Informed sources in the regional Ministry of Finance confirmed in statements to Shafak News Agency that the list will be sent this week.
The sources indicated that this delay comes in light of the start of the Iraqi Ministry of Finance to audit the salary lists of the employees of the Kurdistan Region for the month of October, while the employees of the region are waiting to receive their salaries.
It is expected that the audit process and the procedures for transferring funds from Baghdad to the region will take several days after receiving the lists, indicating that the payment of salaries of KR employees may extend until the beginning of next month.
Sources in the Ministry of Finance of the region indicated that the postponement of sending these lists to Baghdad was due to internal audit procedures, and stressed that the ministry is working to ensure the completion of October payroll operations early next month.
https://www.shafaq.com/ar/كوردســتانيات/ت-خر-رسال-قوا-م-رواتب-قليم-كوردستان-يعيق-صرفها-لهذا-الشهر
RV UPDATE BY WOLVERINE, 26 OCT
Fri. 25 Oct. 2024 Wolverine:
- A lot of sovereign whales have been paid in Zurich, and they have all gone home to start paying their members. They have leaders in their platforms to disperse their money. They had meetings yesterday.
- The private contractors have seen their letters of confirmation that they will get paid this coming week. That is a million percent confirmed.
- The biggest news is that the biggest Whale in the RV got paid and went home to start the process to help humanity. This news came out two hours ago, he is a good friend of mine, and when that news came through, I started crying. This means a lot of all humanity, and I also, will be jumping in with them to help with their humanitarian projects.
- I will be flying out soon, but cannot tell you where. When I get the green light, you will not hear from me again, but the opera will come before that happens.
“FOR THESE REASONS, IT IS IMPOSSIBLE FOR IRAQ TO JOIN BRICS”, 26 OCT
“FOR THESE REASONS, IT IS IMPOSSIBLE FOR IRAQ TO JOIN BRICS”
10/26/2024
There are many reasons behind Iraq not joining the BRICS group, the first of which is that the Iraqi economy is a rentier economy par excellence and depends on oil as a main source of income.
In this context, economic researcher Safwan Qusay confirmed that the Iraqi economy is a dollar economy par excellence, as the Central Bank’s reserves exceed $108 billion in the US Federal Reserve, as well as 145 tons of gold.
Qusay said, that “Iraq is not thinking of transforming into a BRICS economy because the volume of the trade dollar from the US dollar gives the Iraqi economy the power to exchange with most of the world’s economies that still do not have a unified currency, and it seeks to enhance confidence in local currencies for the purpose of trading between the economies of those countries by increasing the gold reserves of those countries.”
He added that “Iraq is currently moving towards enhancing the value of the Iraqi dinar and making it a stable value, and there can be direct dealings between Iraq and the countries that belong to BRICS through the exchange of local currencies between them.”
…..
He continued, “the BRICS group is an attempt to reduce the costs of mutual investments and mutual trade transactions and to create a financial system away from the SWIFT system.” He pointed out that “Iraq is currently in compliance with the SWIFT international financial transfer system and is succeeding in the process of developing these standards in order to gradually be able to combat money laundering and study the levels of risk internationally through international correspondent banks that deal within the global SWIFT system.”
Political interests
The economic expert pointed out that “BRICS is a promising economy, but it is built on political interests more than economic interests between countries, so what hinders this group is the shift from political orientations to financial and economic orientations and the need for confidence in global currencies to increase the volume of global trade and global financial stability.”
….
For his part, oil expert Bilal Khalifa confirmed that the BRICS group, which was launched in the Russian city of Kazan, took place under abnormal circumstances.REPORT THIS AD
Khalifa said, that “two wars are raging in the world, which are the Ukraine war and the Gaza and Lebanon war, and there is a third hidden war that is happening without the media shedding light on it, which is the internal war in Sudan.” He added that “the common factor between the three wars is that the two conflicting parties represent the conflict between the eastern and western axes, meaning that the war between them is actually happening, but indirectly.”
He continued, “in the midst of these circumstances, the war is escalating, with war and conflict between the two parties, but this time in a different form, namely political and economic conflicts and wars, through holding a BRICS summit in the Russian city of Kazan, with the attendance of the leaders of the founding countries of the group (China, India, Russia, Brazil and South Africa) along with the leaders of the previously joined countries, except for the Crown Prince of Saudi Arabia.”
He pointed out that “as for Iraq, especially after 2003, the reason for the regime’s lack of regularity in BRICS combines two things: the first is its lack of interest in the first place, and the reason for that is its lack of awareness, due to the lack of advisory consultants and such matters that do not concern the ruling system, and the second is an unjustified fear of the unstable regime from America’s wrath!! All of this indicates a great weakness in anticipating the future and moving towards multilateralism.”
"BANKERS ARE ANGRY" BY TEXAS SNAKE, 26 OCT
TEXAS SNAKE
Fri. 25 Oct. 2024 Texas SnakeEspecially since the redemption center people had been ready and waiting since 8:00 am.
Hybrid Monetary Policy” Sudanese adviser reveals the new step of the Central Bank, 26 OCT
The economic adviser to Prime Minister Mahar Mohammed Saleh, on Saturday, explained accurate details about the importance and reasons for the Central Bank of Iraq’s decision to reduce the interest rate.
The useful summary.. In the important news, you will find it on the Al-Furat News channel on Telegram. To subscribe, click here
Saleh told {Al-Furat News} that he said: “It is clear that the monetary policy of the Central Bank of Iraq has been to meet the requirements of growth in real economic activity by activating its operational objectives aimed at reducing the cost of credit and financing within the joints of the economic system in general and banking in particular.”'
He explained, “The Central Bank, through its decision issued under its October 24, began to reduce the interest rate of monetary policy (which is the price at which the Central Bank of Iraq deals with the banking system) by about 200 percentage points, by the interest under which the Central Bank deals with banks from 7.5% to 5.5%, which means that the Central Bank of Iraq follows an expansionary policy in targeting the money supply and in a manner commensurate with activating the real sector in the national economy and addressing unemployment indicators in the macroeconomics.”
According to the statement of the economic adviser to the Prime Minister, “Despite the above, the bank did not overlook in its new policy the importance of continuing to control the local liquidity levels and conducting high sterilization operations for it, by introducing debt instruments called Islamic depositary certificates and with a return that increases with the prolong the period of extinguish of those securities borted by the banking system, which are one of the sovereign debts that can be mortgaged or deducted in the secondary market, which is one of the preferred debts.”
He added, “The monetary policy of the central bank has given a reference to the financial and banking system that its easy or flexible policy adopted by the bank in moving the liquidity of the economy is under continuous control in order to play the role of the monetary authority in combating inflationary activities and imposing economic stability as its first central objective.”
Saleh concluded by saying, “Between expanding the movement of the liquidity of the economy as an expansionist policy and the imposition of control over liquidity sets by introducing debt instruments in return at the same time in parallel, we can call the current monetary policy of the Central Bank of Iraq as {a hybrid flexible monetary policy}.”
The bank decided to reduce the interest rate from 7.5% to 5.5%, as well as to reactivate the securities (Islamic certificate of deposit and cash transfers) according to an annual plan and two terms: with a return of 4% for 14 days and a return of 5.5% for 182 days.
Ragheed
https://alforatnews.iq/news/سياسة-نقدية-هجينة-مستشار-السوداني-يكشف-خطوة-البنك-المركزي-الجديدة
RV UPDATE BY MIKE BARA, 26 OCT
MIKE BARA
90% sure the “Bondholder” got paid. Working on confirmation.
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LATEST FROM MIKE BARA
Crown fell out again. Gotta find $2 grand to get it fixed. Right before Christmas. Great.
MIKE BARA
UPDATE
1. I know for a fact (not hearsay) of TWO whales who were called to Zurich on Sunday night to cash-in on their bonds. One of them who was to check in has now gone completely silent (NDA).
2. BRICS Summit opens today.
3. The Gazette in Iraq is published every Wednesday and Saturday.
4. 3:15.
https://dinarevaluation.blogspot.com/2024/10/rv-update-by-mike-bara-22-oct.html
Evening News with MarkZ. 10/25/2024
TIDBIT FROM CLARE, 26 OCT
Clare
Article: "Waiting to be sent.. Oil and Gas Law on the Government Discussion Table" Quote: "Member of the Parliamentary Oil, Gas and Resources Committee, Kazem Al-Tawki, confirmed today, Thursday,
that the draft oil and gas law is awaiting approval within the Council of Ministers, indicating that the joint committees between the federal government and the regional government are continuing their work to decide on the law."
Waiting to be sent.. Oil and Gas Law on the Government Discussion Table, 26 OCT
Waiting to be sent.. Oil and Gas Law on the Government Discussion Table