Iraqi Government achieves significant milestones in State Administration Coalition agreement
Wednesday, October 11, 2023
"RV UPDATE" BY NADER FROM MID EAST, 11 OCT
Nader From The Mid East
You always come back to my words, to my sentence, [Guru] Piimpy just came back my sentence when I said only, 'only the US can RV Iraq.' It's only the U.S.
I've been telling you for year...the RV is in the hands of U.S. If U.S. tomorrow give green light to Iraq, Iraq will do whatever they wants. Iraq will be the richest country in the world with all the oil they got.
They got more oil than Saudis...Venezuela ...Russia, more than anybody else. They'll be rich as hell. You see it.
When the government of Iraq requested a billion dollars from United States demanding their money to pay their bills and everything, Untied States refuse. That's bullying. I'm talking about the government of United States..Iraq, Syria call for unified Arab position against Israeli violations, 11 OCT
Iraq, Syria call for unified Arab position against Israeli violations, 11 OCT
Shafaq News / Iraqi Foreign Minister Fuad Hussein and his Syrian counterpart, Faisal Mekdad, issued a joint call for a unified Arab stance against Israeli violations.
The call came during a meeting between the Iraqi Foreign Minister and the Minister of Foreign Affairs and Expatriates of the Syrian Arab Republic on the sidelines of the emergency ministerial meeting of the Arab League held at the headquarters of the Arab League General Secretariat in Cairo. The meeting focused on the developments in the occupied Palestinian territories.
Minister Fuad Hussein emphasized the "necessity of adopting a common Arab stance to halt the ongoing violations committed by the occupying authorities against the Palestinian people, which have been the main cause of the tension in the Palestinian territories."
Both ministers underscored "the importance of adhering to international resolutions ignored by the Zionist entity and continuing regional and international efforts to restore the legitimate rights of the Palestinian people, establish their independent state, and maintain its capital in Jerusalem."
The Syrian Foreign Minister praised the statement issued by the Iraqi government regarding "the Israeli aggression, noting that this position is not new for Iraq, which has always stood by oppressed peoples."
https://shafaq.com/en/Iraq-News/Iraq-Syria-call-for-unified-Arab-position-against-Israeli-violations
Evening News with MarkZ 10/11/2023
Al-Sudani from Moscow: we are ready to resume oil exports via Ceyhan, 11 OCT
Al-Sudani from Moscow: we are ready to resume oil exports via Ceyhan
In a speech he delivered during the Russian Energy Week forum in the presence of President Vladimir Putin, al-Sudani explained that exports through this route were halted due to a decision by the International Arbitration Court in Paris and the seismic-related repercussions.
He noted that the pipeline is currently undergoing inspections and technical assessments by the Turkish side .
He added that Turkey recently sent notice that the pipeline is ready for resumption, and that the Iraqi federal oil ministry is in discussions with oil companies operating in the region.
They are also in communication with the Ministry of Natural Resources in the Kurdistan Region to reach a mutual agreement for the resumption of oil exports through this pipeline in accordance with OPEC Plus agreement.
https://shafaq.com/en/Economy/Al-Sudani-from-Moscow-we-are-ready-to-resume-oil-exports-via-Ceyhan
Zimbabwe Introduces New Digital Currency, 11 OCT
Zimbabwe Introduces New Digital Currency - allAfrica.com (10/10/23)
Zimbabwe launched a new gold-backed digital currency in an effort to halt re-dollarization, which the administration of President Emmerson Mnangagwa worries could destroy the country's already .
The digital tokens, also known as Zimbabwe Gold (ZiG), which are primarily measured in milligrams, can be used for transactions by both private individuals and businesses, according to the nation's C. In addition to being priced in U.S. dollars and local currency, they can be purchased via banks in ZiG, while bank customers can make purchases with ZiG accounts through POS (point-of-sale) systems or online payments.
Zimbabwe introduced in July 2022 to be used in peer-to-peer and peer-to-business transactions, as well as serve as a store of value as the local currency continued to depreciate against major currencies.
Physical gold coin owners can swap or convert their coins into digital tokens that are backed by gold through the banking system.
After a decade of dollarization that followed record-breaking hyperinflation under former leader Robert Mugabe, Zimbabwe reinstated its own currency in 2019. The Zimbabwean dollar, however, rapidly against foreign currencies. This week it was trading at a rate of ZWL$5,252 to $1, and on the black market, one dollar can now be bought for ZWL$10,000.
To defend the at the height of the Covid-19 pandemic, the government instituted a multi-currency system. Today, authorities estimate that US dollars account for 80% of economic transactions.
Zimbabwe's top export product is gold. The nation produced 35.2 metric tonnes last year and in 2023, according to the administration, it aims to produce 40 metric tonnes in an effort to boost mining sector income and revive the flagging economy. The majority of the the country's gold, according to watchdogs, is sold through . A documentary by Al Jazeera how members of the southern African country's political elite smuggled the gold to refineries in Dubai.
The Reserve Bank of Zimbabwe denied having any connections to the smugglers after that the smugglers used the Central Bank to launder money through its gold buying activities.
Soaring inflation is piling pressure on President Emmerson Mnangagwa in a country that still remembers the economic chaos under Mugabe's almost four decades of rule. Hyperinflation forced the country to abandon the Zimbabwe dollar in 2009, and it opted instead to use foreign currencies, mainly the U.S. dollar.
MILITIAMAN CC HIGHLIGHT NOTES , 25 NOV
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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...