Wednesday, February 12, 2025

THE CURRENT ECONOMIC LANDSCAPE OF IRAQ HIGHLIGHTS, 13 FEB

 THE CURRENT ECONOMIC LANDSCAPE OF IRAQ HIGHLIGHTS

Highlights

  • 🌍 Cryptocurrency Ban: Iraq has prohibited cryptocurrencies since 2017, making official transactions unavailable.
  • 💰 Dollar Transfer Networks: There are intricate systems in place for transferring dollars from Iraq to Iran, often influenced by sanctions.
  • 📉 Dinar Devaluation: The Iraqi dinar has significantly devalued over the years, affecting citizens’ trading and saving capabilities.
  • 🏛️ Legislative Progress: Recent laws passed by Iraqi lawmakers aim to enhance financial systems and promote economic stability.
  • 🌱 Political Stability Importance: Experts agree that political stability is crucial for the dinar’s revaluation and overall economic health.
  • 🗣️ Citizen Engagement: The video stresses the importance of public awareness and discussion about economic issues for creating positive change.
  • 🚐 Travel Opportunities: A revalued dinar could enhance purchasing power, making travel and exploration more accessible for Iraqis.

Key Insights

  • 🔍 Cryptocurrencies and Economic Restrictions : The ban on cryptocurrencies in Iraq reflects broader economic constraints and a cautious approach towards digital currencies. This prohibition limits innovative financial solutions that could benefit the economy, particularly in a region where financial systems are still developing.

  • 💵 Complex Financial Networks: The intricate networks responsible for dollar transfers from Iraq to Iran highlight the challenges posed by international sanctions. These networks often operate in a grey area, showcasing the lengths to which individuals and businesses go to navigate financial restrictions and maintain liquidity.

  • 📉 Impact of Dinar Devaluation: The severe devaluation of the Iraqi dinar has profound implications for everyday Iraqis. It affects their ability to save, invest, and purchase goods, leading to economic hardship. Understanding the factors contributing to this devaluation is essential for citizens who want to advocate for change.

  • ⚖️ Role of Legislation in Economic Stability: The recent passing of laws aimed at strengthening the economic framework in Iraq indicates a commitment to improvement. These laws serve as foundational tools that can promote transparency, attract foreign investment, and stabilize the currency, thereby enhancing citizens’ quality of life.

  • 🌐 Political Stability as a Catalyst : The correlation between political stability and economic recovery is significant. Strengthening institutions and fostering better relationships with neighboring countries can create a more conducive environment for the dinar’s revaluation, ultimately leading to a more stable economy.

  • 📢 Importance of Public Discourse: Engaging in discussions about economic issues is vital for raising awareness and advocating for necessary changes. The speaker encourages viewers to participate in community conversations, share knowledge, and support initiatives that promote financial literacy and economic reform.

  • 🚀 Future Opportunities with Currency Revaluation: The potential for the Iraqi dinar to revalue presents numerous opportunities for citizens. Improved purchasing power could lead to increased travel and exploration, offering Iraqis a chance to experience their culture and landscapes more fully, which can foster a sense of national pride and community resilience.

Conclusion

The video presents a comprehensive overview of the economic situation in Iraq, with a particular focus on the Iraqi dinar and its implications for the population. It highlights the challenges posed by currency devaluation, the impact of political stability on economic recovery, and the importance of citizen engagement in fostering positive change. As Iraq navigates its path towards economic reform, understanding the intricacies of its financial systems and the role of legislation becomes increasingly relevant for its citizens. The journey towards a more stable economy not only represents a financial opportunity but also serves as a catalyst for national unity and cultural exploration.

MILITIAMAN: They're looking for an exchange rate change because that's what's going to happen.

 


AL-SUDANI ASKS THE TRUMP ADMINISTRATION TO CONTINUE GRANTING IRAQ AN EXEMPTION FROM IMPORTING IRANIAN GAS, 13 FEB

 AL-SUDANI ASKS THE TRUMP ADMINISTRATION TO CONTINUE GRANTING IRAQ AN EXEMPTION FROM IMPORTING IRANIAN GAS

Prime Minister Mohammed Shia al-Sudani called on Friday on the administration of US President Donald Trump to continue exempting Iraq from importing Iranian gas after the decision to cancel it.

US President Donald Trump recently cancelled the exemption granted to Iraq to import electricity and gas from Iran, as part of the new package of sanctions on Iran.

Al-Sudani said in an interview with Asharq Al-Awsat, “The previous (US) administration gave us an exemption from these sanctions,” adding that “our government did not just request an exemption, but we also took the initiative to invest in the associated gas.”

He added, “Iraq has a clear vision. In 2028, gas imports will end, and there will be clear energy independence,” stressing that “in the end, we need this exception to continue throughout this period.”

Al-Sudani also pointed out that Iraq has begun “the process of linking energy with neighboring countries in order to cover our needs, and this is part of the concept of integration that we seek with our brothers.”

He continued by saying, “The connection with Jordan has been implemented and currently western Iraq is being supplied with energy. It is hoped that during this year the connection with Kuwait and the Gulf group will be completed. We have also started contracting for the connection between Iraq and Saudi Arabia. The connection with Turkey has also been implemented and we have started receiving energy and as a result from the European Union.”

The Prime Minister continued, “The Iraqi government has found solutions, and we certainly expect our friends in the United States to understand the government’s plans so that they will allow us to continue to use Iranian gas until our projects are completed, in which any imported gas will be dispensed with.”

For many years, Iraq has relied on importing electricity and gas from Iran, especially during the peak of summer, and thus relies on the ongoing American exemptions, which are issued more than once each year.

Recently, Iraq has moved to import gas from Turkmenistan, and it will also pass through Iranian pipelines, but it has not yet been implemented due to logistical and financial problems.


TIDBIT FROM MARKZ, 13 FEB

 MarkZ   

[via PDK] 

 I am getting a lot of interesting things from bonds and  groups. Where things appeared to have started for them and will continue for the next 6-7 days. 

I am hearing that funds are indeed moving and they just need a release. I have gotten this from about 6 different contacts from groups and bonds overnight. 

 Once all the final monies are in place (including for us) then the World court gives a final approval stamp and we all can start hitting the banks.  I think the furthest time out that I have gotten from contacts for funds is the 19th... we could see things as early as this afternoon…We just don’t know timing just yet.

JON DOWLING: We are finally in the climax point folks!!! @DINARREVALUATION #iraqidinarinvestor

 


AL-SUDANI’S ADVISOR REBUKES CITIZENS FOR STORING MONEY AT HOME AND CALLS FOR INVESTING IT, 13 FEB

 AL-SUDANI’S ADVISOR REBUKES CITIZENS FOR STORING MONEY AT HOME AND CALLS FOR INVESTING IT

“Support the national economy

Mohammed Sahib Al-Daraji, the technical advisor to the Prime Minister, confirmed today, Thursday, that the volume of investments in Iraq amounts to about 60 billion dollars, while he pointed out that there is a large cash mass among citizens outside the banking system, which makes it economically useless if it remains stored in homes, calling for it to be converted into investment projects that contribute to transforming it into assets that support the national economy.

Al-Daraji said in a statement to the official agency, followed by the 964 network , that “Iraq’s gross domestic product exceeded $260 billion, which makes the ratio of external debt compared to the domestic product at a very low level, which opens the door to a new phase of external financing, but with studied conditions,” noting that “Iraq’s external public debt witnessed a significant decrease, as it fell from $20.9 billion to $9.8 billion.”

He stressed, “The importance of funding being directed towards productive projects capable of paying off their debts on their own, rather than focusing on consumer or ill-considered projects.”

Regarding current investments, Al-Daraji pointed out that “the volume of local and foreign investments in Iraq amounts to about 60 billion dollars, most of which are in the real estate and housing sector, which is a good thing,” stressing “the necessity of strengthening the role of the Iraqi investor and supporting him to diversify investments.”

He pointed out that “there is a large cash mass held by citizens outside the banking system, which makes it economically useless if it remains stored in homes,” calling for “transferring this money to investment projects that contribute to transforming it into assets that support the national economy and enhance sustainable development.”


MILITIAMAN CC HIGHLIGHTS NOTES, 13 FEB

MILITIAMAN CC HIGHLIGHTS NOTES

Highlights

Summary

In this video, the speaker, part of the “militia man and crew,” discusses recent developments regarding the Iraqi dinar and the political landscape in Iraq.

 He highlights a recent federal court ruling that reinstates the implementation of key laws related to general amnesty, personal status, and property returns, which he believes are vital for Iraqi citizens’ rights and economic stability.

 The speaker emphasizes the importance of these laws in strengthening the constitutional framework and enhancing the purchasing power of the Iraqi dinar. He also touches on the Iraqi government’s initiatives to boost investment in infrastructure and the economy, particularly through residential projects and foreign consulting firms. 

The video encourages viewers to remain optimistic about their investments in the Iraqi dinar, as the recent legal decisions are seen as a potential gateway for Iraq to integrate into the international financial system. 

The speaker closes with a note of caution regarding the weather conditions affecting the U.S. West Coast while encouraging viewers to support his channel.

  • 🦅 Excitement for the Eagles: The speaker shares a personal connection to bald eagles and expresses pride for the team as a light-hearted introduction to the video.
  • ⚖️ Federal Court Rulings: Recent rulings from the Iraqi federal court suspend the previous state order to halt key laws concerning amnesty and property rights.
  • 💼 Economic Reforms: The speaker discusses the implications of these legal decisions for economic reforms in Iraq, particularly highlighting citizens’ purchasing power.
  • 🏗️ Infrastructure Investments: The Iraqi government is making strides in infrastructure development, including residential complexes and sewage plants, which require substantial investment.
  • 📈 Binding Legal Decisions: The finality of the court’s decisions reinforces the legal framework in Iraq, paving the way for legislative implementation without further appeals.
  • 🌍 International Integration: The speaker believes that these developments signal Iraq’s readiness to join the international financial system, enhancing the potential value of the Iraqi dinar.
  • ❄️ Weather Advisory: He provides a personal note regarding severe weather conditions in the U.S., showing concern for his viewers’ safety.

Key Insights

  • 📜 Legal Authority and Citizens’ Rights: The federal court’s decision to reinstate the general amnesty and property laws signifies a commitment to uphold the constitutional rights of Iraqi citizens. This is critical in a country where citizens often feel the weight of historical injustices, making this ruling a significant step toward legal empowerment. The reinstatement of these laws is expected to provide citizens with greater assurance regarding their rights, potentially enhancing their economic engagement and investment in their future.

  • 💵 Potential Economic Growth: The potential for economic growth in Iraq is bolstered by these legal changes. The speaker anticipates that the reinstated laws will lead to an increase in citizens’ purchasing power and improved economic conditions. By securing property rights and reinstating amnesty laws, the government can stimulate local investments and attract foreign investors, which is crucial for a recovering economy.

  • 🏗️ Investment in Infrastructure: The Iraqi government’s focus on infrastructure, particularly in residential development, is indicative of a broader strategy to revitalize the economy. With plans for thousands of housing units, this can lead to job creation and better living standards for citizens. The emphasis on involving reputable international consulting firms in the planning and execution stages suggests a move towards transparency and professionalism in project management.

  • 🌐 International Consulting Firms: The engagement of foreign consulting firms in projects indicates Iraq’s desire to adhere to international standards and practices. This not only enhances the quality of projects but also builds trust with foreign investors. The move is also expected to facilitate knowledge transfer that can help local firms grow and evolve in their practices, which is critical for sustainable development.

  • ⚖️ Rule of Law Strengthening: The decision by the federal court to assert that its rulings are final and binding reinforces the rule of law in Iraq. This is a crucial aspect of any functioning democracy and is likely to encourage stability. By eliminating the possibility of appeals on certain laws, the court is asserting its authority and ensuring that legislative processes can move forward without delay, which is essential for timely reforms.

  • 📈 Market Confidence in the Iraqi Dinar: As the conditions for investment improve and the legal framework stabilizes, confidence in the Iraqi dinar is likely to grow. The speaker suggests that these developments could lead to the dinar becoming more internationally recognized and potentially appreciating in value. Investors should closely monitor these changes as they could have a direct impact on the currency’s future.

  • 🔄 Community Engagement and Support: The speaker emphasizes the importance of community engagement through his Patreon channel and encourages viewers to support his work. This highlights the role of social media and community platforms in fostering discussions around investment strategies, market insights, and shared experiences among investors in the Iraqi dinar. Building a community around shared interests can provide valuable information and support for individuals navigating the complexities of foreign investments.

In conclusion, the video presents a hopeful outlook on the future of the Iraqi dinar and the broader economic landscape in Iraq. The recent court rulings and government initiatives signal a potential turning point for the country, offering reasons for optimism among investors and citizens alike. The speaker’s insights into the interplay between law, economy, and community engagement underscore the importance of staying informed and connected in an ever-evolving financial environment.

CRYPTO TRADER: Iraq implemented the system ASYCUDA and last week joined the TIR system #iraqidinar

 


The Eighth Arab In Corruption .. Iraq Is Making Progress On The List Of The Most Transparent Countries In The World., 12 FEB

 The Eighth Arab In Corruption .. Iraq Is Making Progress On The List Of The Most Transparent Countries In The World

 
Economy   Iraq  Breaking   a report  Global transparency  2025-02-10 Shafaq News/ Iraq climbed to the 140th place in the world in the list of the most transparent countries in the world, while  it ranked eighth among the list of Arab countries that will be the most corrupt for the year 2024 out of 180 listed in the table.
 
Transparency International said in a report issued today, Tuesday, and was reviewed by the Shafaq News Agency, that
 
"the corruption perceptions for the year 2024 shows that corruption is a serious problem in every part of the world, but the change towards the best happens in many countries," noting that
 
"Corruption perceptions with 180 countries and regions around the world according to the levels of corruption in the public sector. She added that
 
Denmark ranked first in the least corrupt and transparent countries in the world with 90 points, followed by Finland, which ranked second with 88 points, then Singapore ranked third with 84 points, and New Zealand, which ranked one ranked fourth with 83 points, came Luxembourg Fifth with 81 points. According to the report,
 
"Iraq ranked 140th globally with 26 points, three points, with the year 2023, and the eighth rank among the most corrupt Arab countries, where countries advanced by: Somalia, Syria, Sudan, Yemen, Libya, Ertia, and Lebanon as the most Arab countries Corruption.
 
The UAE ranked first in the Arab world and the 68th rank in the world's most transparent countries, followed by Qatar second, Saudi Arabia third, Oman Fourth, and Bahrain Fifth.
 
South Sudan, Somalia, Venezuela, Syria, and Yemen won the highest ranks by occupying the last ranks in the table, according to the report.
 
The organization issues an annual report on corruption, which is an evaluation of a scale from zero to 100 countries that classify countries from the most to the least corruption, and
 
the report is based on statements that the organization gathered from 13 international agencies, including the World Bank and the World Economic Forum.     https://shafaq.com/ar/اقتصـاد/الثامن-عربيا-بالفساد-العراق-يحرز-تقدما-ضمن-قا-مة-الدول-ال-كثر-شفافية-بالعالم 


TIDBIT FROM CLARE, 12 FEB

 Clare 

 Article: "In light of the liquidity crisis... Why doesn't Iraq resort to printing more currency?

 Quote: "Iraq is facing increasing challenges due to the scarcity of cash liquidity, which negatively affects the markets and daily financial transactions...

The Iraqi government...suffers from a chronic shortage of this currency, which affects its ability to meet its financial obligations to pay employee salaries, repay debts, and finance projects ..."

Article Quote:  "A source in the Central Bank of Iraq spoke about details related to the process of printing Iraqi banknotes, indicating that the currency was previously printed in Switzerland, 

but the printing is currently done at the British Institute in London, which is considered one of the most prominent institutions specialized in printing currencies globally...According to the same source, the cost of printing one banknote ranges between 4 and 5 US cents..."

MZ: I think it’s the calm before the storm! @DINARREVALUATION #iraqidinarinvestor #iraqidinar

 


Bank Deposits Retreated, 12 FEB

 Bank Deposits Retreated

 
Economic 1225/02/12  Yasser Al –Mitwalli   Iraqi banks have gone through a golden period in the field of returning confidence by depositors in banks after partial stability was achieved with a monetary policy by the central bank in supporting the banking sector that contributed greatly to encouraging depositors in reconciliation with banks.
 
Here, the topic reduced exclusively (the public deposits) because of its importance in motivating banks to contribute to development programs by expanding loans.
 
It is useful to note that the banking sector has gone through challenges after the stage of change, especially in the field of borrowers ’failure to pay their loans that help them.
 
On the other hand, it led to the paralysis of the banking activity, and a part of the banks were crushed.
 
To the secretariat, the efforts of the central bank years ago resulted in the return of confidence between the parties to the process, the depositors, and the borrowers.
 
However, reports indicate that  deposits decreased in Iraqi banks to (123 trillion dinars in November 2024, which is the lowest level in 22 months), according to these reports.
 
But what happened to the return of this loss of confidence?
 
The answer is definitely related to imposing US sanctions on a large number of these banks, and
 
here is an analytical of the reasons, as I see it, has nothing to do with whether the readings are right or without the right to not explain the real reasons behind these sanctions that I am certain that there is a political side behind the decisions, with acknowledgment of violations. Do not deserve this harsh decision.  Perhaps some depositors' concerns about the return of the chaos of the clouds indicating the return of loss of confidence and fears of bankruptcy of banks.
 
On the other hand, the Central Bank indicated that deposits growth by 4.2 percent during the third chapter of 2024 compared to the same period of the previous year,
 
but what increases the mud with the worse of confusion and confusion, which promoted it from the loss of liquidity that may disrupt lending and productive projects, with funds turning into investments An alternative like real estate and gold.

From here, banks must develop their banking services to
 
     ensure the continuation of the market and
     adhere to restoring confidence in addition to developing and
     expanding the role of the deposit guarantee company, transparently and clearly.
 
Perhaps the repeated financial crises that some countries have gone through have been able to diagnose the defect and find solutions while raising the level of banking culture among the public in full transparency, regardless of the size and details of the financial crises to ensure their exception.
 
Banks need to develop their media awareness offices.     https://alsabaah.iq/110029-.html   


TIDBIT FROM MNT GOAT, 12 FEB

 Mnt Goat   

Article:  "THE DILEMMA OF LINKING BAGHDAD TO TEHRAN: US SANCTIONS 'WILL DESTROY IRAQ'

BEFORE IRAN"  This situation with Iran has to be worked out... I am here to tell you that this is not pretty for Iraq. What will Iraq do? Will they comply with the U.S. request and work to stop these dollars to Iran or will Rafidian bank go under severe US sanctions?

  ...there is absolutely NO WAY that U.S. is going to allow the Iraqi dinar to revalue and float back on FOREX markets unless these situations are taken care of.

  ...In the long run we all should know that this is going to work itself out and Iraq will be successful it just may be a little later than sooner...this situation could change very quickly and we are not talking about years or even months. 

MNT : This situation with Iran has to be worked out, BEFORE THAT THE RV COMES! @DINARREVALUATION

 


Economic Expert: The Unified Accounting System Is An Effective Tool For Combating Corruption, 12 FEB

 Economic Expert: The Unified Accounting System Is An Effective Tool For Combating Corruption


{Economic: Euphrates News} Economist, Bassem Antoine, stressed that the implementation of the unified accounting system contributes to
 
     reducing corruption and manipulation and
     sets limits for the abuses that take place on the accounts.

Antoine told Al-Furat News that  "the main issue lies in the application of decisions, as there is a problem in issuing and applying instructions." 
 
He explained that
 
     "follow-up,
     monitoring and
     scrutiny
 
is an important issue, and that the monitoring account does not exceed the bureaucracy and obstructing the work."  He stressed  "the need not to create complications in audit and control operations."    
  
https://alforatnews.iq/news/خبير-اقتصادي-النظام-المحاسبي-الموحد-أداة-فعالة-لمكافحة-الفساد    


FIREFLY: If citizens would just bring in their dinars we could enhance our country and do so much more!!, 12 FEB

Frank26 

 [Iraq boots-on-the-ground report] 

 FIREFLY:It was the 4th straight day that the technical advisor to Sudani was on our television Iraqi One. 

 He was rebuking citizens for hoarding our money in our homes.  He said...If citizens would just bring in their dinars we could enhance our country and do so much more.  

FRANK:  Yeah, because if they bring in the 3-zero notes you could give them the new exchange rate.

FIREFLY:If citizens would just bring in their dinars we will enhance our country and do so much more


 

Serious Steps To Reduce Dependence On Oil , 12 FEB

 Serious Steps To Reduce Dependence On Oil 

Economic 1225/02/12  Baghdad: Imad of the emirate   In the context of efforts to revitalize the national economy, the government is working to adopt ambitious strategies to reduce dependence on oil rent, by activating the productive and service sectors and enhancing non-oil revenues.
 
This comes in light of the economic challenges facing the country, especially with the fluctuations of global oil prices, which calls for diversification of sources of income and building a more stable economy and the ability to face external influences.

The Financial Adviser to the Prime Minister, Dr. Mazhar Mohamed Saleh, stressed that the government attaches great importance to stimulating the productive sectors, especially the agricultural sector.
 
He pointed out that the current plans focus on supporting farmers by providing facilitated financing and modern agricultural technologies, which contributes to increasing productivity and achieving food security.
 
Highly productive seasonal programs were also adopted within the general budget of the state, with the aim of enhancing self-sufficiency and reducing dependence on import.
 
Saleh explained that the government is working to enhance financial discipline by controlling public spending and increasing revenue collection.
 
He stressed that excessive exchange or negligence in collecting public imports will be reduced, with a focus on directing resources towards productive projects that benefit the national economy.
 
It was also noted that the importance of launching economic companies in cooperation with the private sector, to support sustainable development programs that contribute to creating job opportunities and increasing productivity.
 
The financial advisor called for the necessity of controlling the import system, which is witnessing a random expansion that drains the country's foreign reserves.
 
He stressed that foreign resources should be directed towards productive imports that enhance the economy, rather than excessive consumption that does not contribute to building a strong production base.
 
He also stressed the importance of adopting accurate commercial policies that encourage sustainable production requirements.
 
Saleh pointed out that the government is working to convert support in the general budget from comprehensive support to qualitative support, which balances the support of low-income social classes and the productive support that occupies the economy.
 
Among the programs that have been focused on, is entrepreneurial and financing programs, which contribute to encouraging small and medium enterprises and enhancing the role of youth in the economy.

For his part, Dr. Ahmed Al -Rawi, the economist, stressed the need to take quick measures to address the decline in oil revenues.
 
He called for a review of the general budget items, with a focus on removing unnecessary expenses and raising the efficiency of spending.
 
He pointed to the importance of achieving stability in the growth of the budget, so that it is commensurate with the annual growth of the gross domestic product, which contributes to achieving a sustainable financial balance.
 
Al-Rawi also stressed the importance of activating non-oil revenue systems, such as the tax system and public fees, to increase revenues and reduce dependence on oil.
 
He also called for the revitalization of other economic sectors, such as industry and tourism, to provide job opportunities for young people and diversify sources of income.
 
He pointed out that the development of the oil sector must be done in a manner commensurate with the country's reserve energies, with a focus on increasing the added value through local manufacturing.
 
The narrator stressed that achieving economic development requires fighting corruption in state institutions in all its joints.
 
He stressed that corruption is a major obstacle to achieving economic efficiency and attracting investments.
 
He called for adopting serious measures to enhance transparency and governance in public resources management.     https://alsabaah.iq/110028-.html

Evening News with MarkZ and Dr. Scott Young. 02/11/2025


Evening News with MarkZ and Dr. Scott Young. 02/11/2025

Evening News with MarkZ and Dr. Scott Young. 02/11/2025

Short Q&A tonight 

Disclaimer: Please consider everything on this call as my opinion. Be sure to consult a professional for any financial decisions

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY


FIREFLY: DELETING ZEROS FROM THE DINAR WAS EXPLAINED ON TV @DINARREVALUATION

 


FRANK26: "GURU'S FAN FALSE RUMORS.", 12 FEB

 KTFA

FRANK26: "GURU'S FAN FALSE RUMORS."........F26


15 years of false promises... “Our money was lost between the Central Bank and Warka Bank”


2/11/2025

Sumerian News - Local

Dozens of citizens demonstrated today,  Tuesday, in front of the Central Bank in the center of Baghdad To claim their money deposited in Warka Bank for 15 years.

The correspondent said Sumerian News: “Dozens of citizens demonstrated this morning in front of the Central Bank gate.Iraqi in street Al-Rasheed, central Baghdad, to demand the bank's intervention to put an end to their ongoing suffering, as Al-Warka Bank, despite promises, refuses to pay depositors' money, the value of which has fallen by more than half in more than 15 years.
 
  ;
The reporter added, "The demonstrators appealed to all...Governments The previous and current Parliament to no avail, after their failure to appeal to the Central Bank and make false promises to pay their money,” noting that they “described what is happening as a stain on the brow of the banking system.”Iraqi In general and the Central Bank in particular.
 
He said, "The demonstrators confirmed that their last resort is to appeal to the religious authority to intervene to put an end to their suffering."
 
It is noteworthy that the Central Bank Iraqi He took previous measures against Al-Warka Bank, but to no avail, after his failure to provide solutions to the depositors.


LINK

Jon Dowling : The SEC is down for the count! , 26 MARCH

 Jon Dowling The SEC is down for the count!  Now that  XRP is finally set free, watch the price go between $15-30 to start, then it’s off to...