The US Treasury appreciates the Iraqi Central Bank’s procedures for contracting with international auditing companies
On Wednesday, the US Treasury Department commended the Central Bank of Iraq for taking steps to ensure the accuracy and transparency of procedures by contracting with international auditing firms.
The Central Bank of Iraq’s media office released a statement announcing that Governor Ali Mohsen Al-Alaq had met with Elizabeth Rosenberg, the US Assistant Secretary of the Treasury, and her team.
The following is a clearer version of the statement: During the meeting, the two sides discussed their bilateral relations.
They also talked about the Central Bank of Iraq’s actions to combat money laundering and terrorist financing. Additionally, the US Treasury confirmed its continued support and joint efforts to promote transparency and integrity, and to implement international compliance instructions in the Iraqi banking system.
During the meeting, both parties discussed following up on the outcomes and results of their previous meetings. The Central Bank of Iraq, the US Treasury Department, and the US Federal Bank were involved in these meetings. They also talked about the possibility of providing technical support in the field of financing foreign trade through secure banking channels. The mechanisms that enable the financing of legitimate foreign trade were also discussed. The parties agreed to conduct trade transactions using different currencies, including the euro, the Chinese yuan, and the Emirati dirham. Additionally, they decided to organize trade movement with the Republic of Turkey.
The US Treasury Department appreciated the efforts of the Central Bank of Iraq in contracting international auditing companies to ensure accuracy and transparency.
...WTO had asked Iraq for stability purposes, to finalize trade agreements...so they can show they had enough trade for many years to come. They've done that. That was announced today. Sudani even said in the special televised meeting that they have contracts that he's not even able to discuss. He even said some of thee contracts are not able to begin yet. And we know why. They're waiting for the exchange rate to change.
Very very soon we will have a brand new rate that they have been working on that you have been looking for and I have been looking for all these years. For Sudani to come out and talk about security and stability and the exchange rate is the ultimate setup to change their rate.
Sudani was flexing today. It was a gorgeous, gorgeous, gorgeous hour and twenty-four minute nationally televised meeting. He talked about water, railroads, trade, energy, wheat, you name it...He talked about how this is no longer a 3rd world country...
A first world country is secure...stable...highly coveted. He talked about the agreement with India, Iran, China...they have agreements with everybody.
The Governor of the Central Bank of Iraq receives the Assistant Secretary of the US Treasury
His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, received US Assistant Secretary of the Treasury Elizabeth Rosenberg and her accompanying delegation.
During the meeting, they discussed bilateral relations and discussed the measures taken by the Central Bank of Iraq in the field of combating money laundering and terrorist financing, in addition to confirming the continued support provided by the US Treasury and joint efforts to enhance transparency and integrity and implement international compliance instructions in the Iraqi banking system.
The two parties discussed following up on the outcomes and results of previous meetings between the Central Bank of Iraq on the one hand, and the US Treasury Department and the US Federal Bank on the other hand, as well as the possibility of providing technical support in the field of financing foreign trade through reliable banking channels with mechanisms that enable financing legitimate foreign trade, in various currencies, including ( Euro, Chinese yuan, and UAE dirham), as well as regulating trade with the Republic of Turkey.
The US Treasury Department appreciated the efforts and steps of the Central Bank of Iraq in contracting with international auditing companies to ensure the accuracy and transparency of procedures.
CONCERNING THE DOLLAR. AMERICA CONTINUES TO BLACKMAIL AND CENTRAL PROCEDURES ARE AIR IN A NET!
After several months have passed since the government and the central bank attempted to control the rise in dollar exchange rates, the official and parallel rate gap continues, given the schemes that Washington is pushing to pass its own interests.
(This first paragraph is very important. Did you read it carefully? Now you know why the CBI is having a difficult time controlling the dollar. )
As for government measures and the central bank, they are still mere notifications and decisions that do not fatten or satisfy hunger, especially since they did not stand up to the decisions of the United States of America that push to fabricate crises and not find solutions.
WASHINGTON CONTROL!
Speaking about this file, Member of Parliament Suhaila Al-Sultani accuses the United States of controlling the file of dollar exchange rates in the local markets so far, while she confirmed that the beneficiaries and speculators support the continuity of the current dollar crisis.
Al-Sultani says, in a press interview seen by Taqaddam, that “there are many parties that support destabilizing the economic situation in order to influence the workflow of the current government,” noting that “the application of the budget in the ministries and governorates will not lead to a reduction in the exchange rates of the dollar in the local markets.”
And she continues, “America continues to control the file of dollar exchange rates in the local markets until now,” adding that “the United States of America controls the dollar paper in order to subject the Iraqi economy to the decisions and wills that it wants to impose.”
Regarding the internal factors of the dollar crisis, Al-Sultani confirms during her speech: “The beneficiaries and speculators support the continuity of the dollar crisis and the weakening of the value of the Iraqi dinar in order to achieve their personal goal.”
* BLAME WAR!
In addition, a member of Parliament, Thaer al-Jubouri, accuses the United States of America of waging a conspiratorial war to destroy Iraq’s economy, while he directed a request to the Iraqi government regarding methods of dealing with Washington during diplomatic meetings.
Al-Jubouri said, in a press interview seen by “Takadum”, that “the Iraqi government, when it talks with the American side within the diplomatic framework, must bear in mind the criterion of strength and try to obtain advanced and modern technological technologies that benefit Iraq.”
And he adds, “America is leading the policy of economic conspiracy during the current period; to destroy the Iraqi currency and the exchange rate,” stressing “the necessity of referring to this war and not leaving it.”
The member of the House of Representatives explains that “the government and the relevant ministries are required to deal as much as they can with America, and that the conversation be diplomatic with distinction,” pointing out that “Washington, despite its geographical distance from Baghdad, is trying to impose its full control over all joints and focus on Important files such as the economy and development.
* TECHNICAL PROCEDURES?
For his part, the researcher in economic affairs, Muhammad Al-Saadi, pledges control and control of the exchange rate of the dollar in the parallel market by taking practical technical measures without resorting to methods of arrests or the use of force.
Al-Saadi says in a press interview seen by Taqaddam, “The responsible authorities are working to pursue speculators by applying the law against those who want to harm the Iraqi economy, in addition to being a first step to ensuring the elimination of the differences between the official and parallel market.”
He adds, “The need has become urgent to take decisions related to the technical and financial aspects, which would expand the outlets for selling the currency and allow citizens to buy in limited quantities by setting restrictions or preconditions.”
And he shows that “the problem of exchange and high prices is often suffered by the citizen before the merchant, as the merchants began to go to the official platform to obtain the dollar, while the citizen is still suffering in obtaining the dollar, especially since some citizens go to car dealerships and face difficulty in buying in the dollar.”
(Did you read the article carefully? If true then why would the US want to reinstate the Iraqi dinar which would only improve the economy and help the Iraqi people. But remember this is only an “opinion” not necessarily all true. Is this parliamentary member more Iranian than Iraqi? Of course the Iranian influence wants to bash any US influence good or bad. Just saying keep an open mind.)
Iraqi Foreign Minister: We reject the threat to our country's sovereignty
Iraqi Foreign Minister, Fouad Hussein, said that his country rejects the use of its territory to attack Iran, but it also rejects “threatening Iraqi sovereignty.”
This came during a joint press conference held by Hussein, yesterday, Tuesday, with his Austrian counterpart, Alexander Schallenberg, according to the official Iraqi News Agency (INA).
Hussein said, "The Iraqi constitution prohibits any party from using Iraqi lands to attack neighboring countries."
He added, "Iraq's relations with Iran are strong, and this relationship prevents the use of violence," noting that "Iraq refuses to use its territory to attack Iran by some groups (armed groups), and we also reject the threat to Iraqi sovereignty."
He pointed out that "Iraq is committed to the agreement concluded with the Iranian side, which included removing armed groups from the border and transferring them to camps deep in the region (Kurdistan) and far from the border."
He pointed out that he will visit Iran today, Wednesday, to "discuss the implementation of this agreement by both sides."
On the other hand, the Iraqi minister discussed with his Austrian counterpart a number of files, most notably the political relations between the two countries, as well as the work of Austrian companies in Iraq and the return of flights to Austrian Airlines.
On Monday, the Austrian Foreign Minister arrived in Baghdad on an official visit that lasted two days, during which he announced the reopening of his country’s embassy in Iraq, more than 30 years after its closure.
Vienna closed its embassy in Baghdad in 1991 following the Gulf War (1990-1991), and since that time the Austrian embassy in Jordan has performed the duties of the embassy in Baghdad. link
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good Morning Mark and Friends.
Member: Hoping, Wishing, and Praying that this is our RV month.
Member: New drinking game: If you hear the words "soon", "close", "this week", "this month", "money is moving", take a drink...
Member: That drinking game would get you drunk fast!!!!
Member: I heard a rumor that nothing will happen until next year….I think it is BS
MZ: Total BS…They want you looking that far out…
Member: Then they slip it in under our noses……soon….Guess I should take a drink…lol
MZ: MilitiaMan knocked it out of the park again last night….a great breakdown on how far we have come and what Sudani has said the last few days. He will be joining us tonight at 7:00
MZ: I am continuing to hear very positive stuff. The consensus is from my Iraqi contacts…that they are looking for a worldwide announcement of a rate change somewhere around the 20th or 21st.
MZ: That does not mean we are waiting until then. That means that is when it should be announced to the public. We should hear something before then based on what I am hearing right now. Let’s hope this is accurate.
MZ: I don’t think I have ever heard this much hype before…It’s almost overwhelming….In a positive way. .
MZ: No updates from Mr. C, Sheila or CMKX yet. I know that the CMKX fines and penalties have been updated and they are ready.
MZ: Groups are positioned and ready…agreements are done…people are all in place…The US Treasury is in Iraq…...all we are waiting on is the switch pulled.
Member: I heard The RV Is waiting for the US Treasury to approve it
Member: Charlie Ward thinks it will happen on a Thursday.. Others think Friday when markets close…and another group believes it will happen some Saturday night when all the banks worldwide are closed for a brief time…
Member: Anything about the Venezuelan Bolivar?
MZ: I continue to hear it’s the “dark horse” and that we will all be excited and happy with it.
Member: Are all the currencies going to go together? Are all these other countries all ready to go like Iraq appears to be?
Member: Any news on the Indonisian Rupiah?
MZ: I continue to hear the rate of $1.47…but we will not know for sure until we are at our appointments.
Member: Nader said a friend of his saw the new small category notes, Nader has not verified!!
Member: Should we exchange all our currencies at once…or just exchange some to “test the water”?
MZ: I’m exchanging all at once. Everyone should do what’s best for you.
Member: If Mrl C enters his codes will you tweet at once or do a podcast Mark?
MZ: Both. I will be planning on going live for as long as I can. We deserve that celebration and that news.
Member: Once we exchange an sign NDA’s everyone will be going quiet for awhile.
Member: How can the RV happen if Mr. C did not enter codes?
MZ: Oh, it could happen….just not the dollar refunding cannot happen until they see Mr. C…as we understand it. Think of the reset like an economic engine and Mr. C is the ccrank shaft. There are many other pistons, valves ect….in this machine that makes it all go.
Member: Biden’s FedNow Program that goes into force on September 20th….really makes me nervous they are trying to force the CBDC’s on us
Member: Anyone still hearing October 1 for Rainbow Currency? ?
Member: Has anyone really seen any new USTN notes?
Member: Hard to believe new notes exit and nobody has snuck a picture of them yet.
Member: Mark, Can you please do a detailed show on what to expect when everything goes
Member: Recaps has several exchange apt. tips in their post RV category….check it out
Member: I wonder if we will know the difference rates on currencies before we go into Redemption Centers ?
MZ: MilitiaMan will be joining us tonight on the 7 pm news…..
Member: Not discouraged, just emotionally drained! Come on RV!!!!
Member: Anticipation fatigue is real
Member: Praying this is our last week of the roller coaster ride
Member: This is the day the Lord has made, let's rejoice, and go celebrate
Member: I feel like we're waiting at the Train Station patiently waiting for the Train to take us to our new lives.
Member: Mark and a huge thanks as always for all you are bringing to this community
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Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary, medical opinions or many guests on this stream……just RV/currency related topics.