Monday, September 25, 2023

The ceo of the CBI risk to get fired BY NADER FROM MID EAST

Shiite Coordination Framework discusses PM's New York visit and Khor Abdullah issue, 25 SEPT

Shiite Coordination Framework discusses PM's New York visit and Khor Abdullah issue, 25 SEPT

 Shafaq News/ On Monday, the Shiite Coordination Framework (CF) held its regular meeting with Prime Minister Mohammad Shia Al-Sudani today. The framework convened to discuss key issues, including the Prime Minister's recent visit to New York to participate in the 78th United Nations General Assembly session and the ongoing Khor Abdullah crisis with Kuwait.

The Khor Abdullah crisis has been a significant point of contention in recent weeks.

On September 4, the Federal Supreme Court of Iraq, Iraq's highest judicial authority, declared the law ratifying the Khor Abdullah maritime navigation agreement with Kuwait unconstitutional. This decision sparked a diplomatic row between the two countries.

The Kuwaiti Ministry of Foreign Affairs officially protested against the Federal Court's ruling, delivering a note of protest to the Iraqi Ambassador to Kuwait. The protest highlights Kuwait's dissatisfaction with the court's decision to rescind the agreement regulating maritime navigation in Khor Abdullah.

The Khor Abdullah Agreement, signed in 2012 and ratified by Iraq in 2013, is crucial in regulating maritime navigation in the narrow strait that connects the Persian Gulf to the Gulf of Basra. It serves as Iraq's primary access point to the Gulf and facilitates the flow of its oil exports.

"RV UPDATE" BY SANDY INGRAM & SUZIE, 25 SEPT

 Sandy Ingram

  Article:  "Summary of Iraqi Prime Minister's Schedule at the UN General Assembly September 2023".  The Prime Minister of Iraq addressed the UN General Assembly this past week in New York City...He had a one-on-one meeting with US Secretary of State...He also met with US companies  on Thursday...

In his speech to the general assembly..he said the country has become a safe environment for investors focusing on eradicating corruption and is committed to international law...The PM told the general assembly everything they wanted to hear.  He called Iraq a key player in the global marketplace  and said other countries cannot use Iraq as a central point to hurt either Iran or Turkey.

Suzie 

 I would like to think this "Jolly Farm's" ride is about to come to an end soon.  With all the meetings with the UST, WTO, AMF, travels back and forth between countries, contracts being signed, countries pouring in to do business, Iraq to be the leader in the middle east and so on and so forth, this cannot drag out...I'm personally looking for this soon, not months down the road, as international business, if all true, won't stand for it.

(FRANK26 9-25-23 IQD UPDATE) SECURITY & STABILITY...MISSION ACCOMPLISHED...

A representative reveals the reason for his request to host the Prime Minister in Parliament: The dollar has burdened the citizen, 25 SEPT

 A representative reveals the reason for his request to host the Prime Minister in Parliament: The dollar has burdened the citizen

9/25/2023

Independent MP Hadi Al-Salami revealed today, Monday, that he had submitted a request to host Prime Minister Muhammad Shiaa Al-Sudani in Parliament to discuss the repercussions of the dollar exchange rate.

Al-Salami said in a statement to Al-Mutala’ Agency, “A request was submitted to the Presidency of Parliament to host Prime Minister Mohamed Al-Sudani, based on the supervisory role and the legal provisions in the Constitution and internal regulations, to ask an oral question regarding not replacing the Governor of the Central Bank and to discuss the repercussions of the dollar exchange rate.”

He added, "The date for hosting the Sudanese has not yet been determined, and we are waiting for it to be determined," noting that "the dollar exchange rate has burdened the citizen, and the Central Bank and other executive bodies have not been able to control it."

 He explained, "The session hosting the Prime Minister witnesses his demand to dismiss the Governor of the Central Bank due to his failure to carry out the tasks assigned to him." LINK

Iraq, Egypt, and Jordan collaborate on multiple fronts, 25 SEPT

Iraq, Egypt, and Jordan collaborate on multiple fronts, 25 SEPT

Shafaq News / The foreign ministers of Iraq, Egypt, and Jordan convened in a judicious meeting, delving into the realms of political and economic collaboration.

The three parties charted the imperative course of action to consummate the ongoing projects among the three nations. This accord was resoundingly declared today by the Egyptian Ministry of Foreign Affairs.


The ministry expounded on the proceedings of the gathering, where the Egyptian Minister of Foreign Affairs, Sameh Shoukry, played host to Jordan's Deputy Prime Minister and Minister of Foreign Affairs and Expatriates, Ayman Safadi, and Iraq's Deputy Prime Minister and Minister of Foreign Affairs, Fuad Hussein. The meeting was held on the sidelines of the 78th session of the United Nations General Assembly.


The statement further elucidated the tripartite foreign ministers' deliberations, which encompassed the strategic activation of cooperation across diverse sectors, both economic and political. It was unanimously underscored that expeditious project completion, coupled with the inception of novel initiatives, was paramount.

These initiatives spanned a broad spectrum encompassing electric grid interconnection, renewable energy, telecommunications, commerce, industry, transportation, healthcare, pharmaceuticals, housing, reconstruction, as well as domains pertaining to culture, tourism, youth, sports, and security and defense cooperation.


Furthermore, the statement underscored the ministers' collective contemplation of the regional landscape, with a firm resolve to uphold the principles of security and stability therein. The Palestinian issue, deemed the central predicament, featured prominently in their discourse, as they affirmed the inalienable, non-negotiable rights of the Palestinian people.


In a concerted effort to alleviate the Syrian crisis, the ministers discussed avenues toward a resolution, particularly through the endeavors of the Arab Contact Group, with a paramount focus on advancing the welfare of the Syrian populace and terminating their protracted ordeal.


Concluding their deliberations, the Egyptian Ministry of Foreign Affairs reiterated the ministers' unanimous commitment to perpetuate coordination in anticipation of the forthcoming tripartite summit scheduled to convene in Cairo. It is worth recalling that the Iraqi capital, Baghdad, played host to the last trilateral summit in June 2021, attesting to the enduring partnership among the three nations.

https://shafaq.com/en/Iraq-News/Iraq-Egypt-and-Jordan-collaborate-on-multiple-fronts


"RV UPDATE" BY NADER FROM MID EAST & PIMPY, 25 SEPT

 Nader From The Mid East  

The HCL they start payment tomorrow and it goes all the way to 28th to 8th of October for 10 days.  They're gonna pay people.

 My boss [Prime Minister Sudani] back home let see what his decisions

[Response to needing documents to exchange] 

 "Hey, get your documents/papers ready"  What documents?

  What papers

 ...You can change any money in the world you don't need any documents besides the passport, drivers license or ID.  You don't need anything else even if you have 50 million of them.

Pimpy 

 Al-Sudani wraps up his visit with the United Nations General Assembly...He was supposed to meet with Biden but my understand is that they did not meet but he did speak with a couple of his staff members. 

  I'm sure by now he must have some kind of idea how this [Thursday's] vote's gonna go...on whether or not they reverse the authorization of military use over there in Baghdad.  I'm wondering if there was any kind of stipulations or agreements that were made one way or the other but next week we're going to find out.

We know they've been working on reforming their banking system so it could work with international financial system. 

 If they de-dollarize, get rid of the capital controls and they can have access to international financial systems, outside investors would come from all over to invest in Iraq.  You could see the Iraqi dinar jump up pretty good.

We know that the Iraq dinar is much more valuable currency, how much of an impact it's 

[The US House of Representatives will hold a session next week to cancel the authorization for the invasion of Iraq]  going to have on Iraqi dinar remains to be seen. 

 Like I said I don't want to promise anything but I think then we could see some much bigger jumps in the value if outside investors start coming in  because the authorization has been reversed, if these restriction are removed off the Iraqi dinar then we can see some huge jumps.  

 Things are starting to look up, this is awesome...Prosperity is definitely on its way to Iraq.  I'm pretty sure I know what's on everybody's mind - When will the dinar change?

  I get it why people are excited but things have to be implemented.  They have to be already in play before you start to see some changes happening. 


Fluctuating Dinar: economic experts urge action as dollar soars in Iraq, 23 DEC

  Fluctuating Dinar: economic experts urge action as dollar soars in Iraq Iraq’s dinar continues its erratic trajectory against the US dolla...