Thursday, September 14, 2023
Coffee with MarkZ and Andy Schectman 09/14/2023
"RV UPDATE" BY RAYREN98 & NADER FROM MID EAST, 14 SEPT
RayRen98
[via Babysmom] "THREE LETTER AGENCY REPORTING THAT NUMBERS ARE FORTHCOMING AND TO START LOOKING FOR THEM ANY TIME NOW! TIME WILL TELL"
...BANK SOURCE UPDATE HEARING IT'S 100% DONE AND THEY ARE JUST WAITING FOR THE "GO AHEAD. THEY ARE SAYING MAYBE TOMORROW OR EVEN POSSIBLY TONIGHT...ANOTHER SOURCE JUST CONFIRMED "EXPECTING TO SEE IT TONIGHT." TIME WILL TELL.An Economist Warns Of American Intentions Regarding Iraqi Financial Dealings, 14 SEPT
An Economist Warns Of American Intentions Regarding Iraqi Financial Dealings
Information / Baghdad...Economic affairs researcher, Muhammad Al-Saadi, warned on Thursday of American intentions and dictates regarding Iraqi foreign financial transactions, as well as dialogues and invoices, likely imposing new conditions related to the process of transferring the dollar from the US Federal Bank.
Al-Saadi told Al-Maalouma, “Washington may move towards imposing new dictates on Iraq through the visit of the US Assistant Secretary of the Treasury for Anti-Money Laundering Affairs (Elizabeth Rosenberg) to Baghdad and her meeting with the Governor of the Central Bank.”
He added, "It is expected that the visit aims to impose new conditions regarding the transfer of dollars from Iraqi funds in the Federal Bank," noting that "the visit comes in the context of conditions adopted by the American administration to impose on the government of Muhammad Shia al-Sudani and implement them."
He stated, "The conditions include the US Treasury's monitoring of all Iraqi foreign import invoices, and tightening control over Iraqi remittances and the dollar selling platform through the anti-money laundering framework." LINK
Al-Sudani receives the UAE Minister of State and confirms the government's keenness to develop relations between the two countries, 14 SEPT
Al-Sudani receives the UAE Minister of State and confirms the government's keenness to develop relations between the two countries
Today, Thursday (September 14, 2023), Prime Minister Muhammad Shiaa Al-Sudani received UAE Minister of State Khalifa Shaheen Al-Marar, while the Prime Minister stressed Iraq’s keenness to develop relations between the two countries in all fields.
The Prime Minister's Media Office said in a statement received by "Baghdad Today", "The meeting witnessed discussion of ways of cooperation and strengthening areas of partnership between Iraq and the United Arab Emirates."
The Prime Minister affirmed, according to the statement, "the government is pursuing a policy of economic integration with the brotherly and friendly country, as it represents the basic gateway to stability in the region."
Al-Sudani stated, "Iraq's openness to Emirati companies and businessmen to work within the country," stressing "the government's keenness to develop relations with the Emirates in all fields, especially those related to the economic, investment, and development aspects."
For his part, the Emirati minister conveyed to “the Prime Minister the greetings of Sheikh Mohammed bin Zayed Al Nahyan, Sheikh Mohammed bin Rashid Al Maktoum, and Sheikh Mansour bin Zayed Al Nahyan,” expressing “his country’s happiness at holding the joint committee meetings in Baghdad,” according to the statement
He stressed "his country's support for development and investment projects in Iraq," noting "the serious desire to participate in the vital development road project, because of its importance to all countries of the region." link
The US Treasury discusses with the Iraqi Central Bank foreign trade in three foreign currencies other than the dollar, 14 SEPT
The US Treasury discusses with the Iraqi Central Bank foreign trade in three foreign currencies other than the dollar, 14 SEPT
The Governor of the Central Bank of Iraq announced on Wednesday that he discussed with the US Assistant Secretary of the Treasury combating money laundering, terrorist financing, and foreign trade in three currencies other than the US dollar.
The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, met with Assistant Secretary of the US Treasury Elizabeth Rosenberg and her delegation. Bilateral relations were discussed, and the Central Bank of Iraq’s measures to combat money laundering and terrorist financing were reviewed. The meeting also involved confirming the continued support provided by the US Treasury and joint efforts to enhance transparency, integrity, and compliance with international regulations within the Iraqi banking system. The bank’s media released a statement regarding the meeting.
The statement reveals that two parties met and discussed the progress made in previous meetings between the Central Bank of Iraq and the US Treasury Department and Federal Bank. They also talked about the possibility of technical support in financing foreign trade through trustworthy banking channels. The financing will be provided in various currencies such as the euro, the Chinese yuan, and the Emirati dirham. The parties also discussed organizing trade with the Republic of Turkey.
The US Treasury Department commended the Central Bank of Iraq for its efforts in ensuring transparency and accuracy of procedures through contracting international auditing companies.
On Tuesday, the US Ambassador to Iraq, Alina Romanowski, made an announcement on X (formerly Twitter). In the blog post, she expressed her pleasure in welcoming the assistance of US Treasury Secretary, Elizabeth Rosenberg, to Baghdad. She also mentioned that she is looking forward to holding important meetings with government leaders and officials in the Central Bank of Iraq.She stated that combating international money laundering and implementing banking reform could help fight corruption and promote foreign investment in Iraq.
TIDBIT FROM FRANK26, 25 DEC
Frank26 The introduction of all these foreign currencies [to transact in for import/export] is the introduction of the international...
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Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...