Sunday, October 15, 2023

Iraq Vows Unwavering Support for Palestine Amid Ongoing Israeli Aggression, 15 OCT

 Iraq Vows Unwavering Support for Palestine Amid Ongoing Israeli Aggression, 15 OCT

In a resounding display of solidarity, Iraq pledged unwavering support for the Palestinian people in the face of the monstrous Israeli aggression currently plaguing occupied Palestine. Faleh Al-Fayyad, chairman of the Popular Mobilization Forces (PMF), delivered a powerful statement on Saturday, emphasizing that Iraq will fulfill its obligations to the Palestinians on multiple fronts, including both humanitarian aid and military assistance.

Iraq: Main Pillar of Support for Palestinian Resistance and A Platform of Support, Not Harm

In a candid conversation with BNN, Al-Fayyad made a compelling case for Iraq’s role as a vital platform of support for the Palestinian cause. He declared, “The plans to displace the people of Gaza are unrealistic and cannot be implemented.” Al-Fayyad further asserted, “It is impossible for Iraq to be a gateway to inflict harm on Palestinians; it will be a platform to support them.”

“The Palestinian Resistance’s actions are all a reaction to the occupation’s crimes,” he added, highlighting the nature of the ongoing struggle against Israeli aggression. Importantly, he underscored the role of the United States as a key accomplice in the Israeli occupation’s crimes.

Al-Fayyad went on to pledge that Iraq would be the primary pillar of support for the Palestinian Resistance. He emphasized that Iraq would not permit the United States to lend its support to the Israeli occupation against the Palestinian people.

Operation Al-Aqsa Flood and the Future of Normalization: Strong Statements from Iraqi Leadership

Reflecting on the results of Operation Al-Aqsa Flood, Al-Fayyad noted that the consequences of the events in the Gaza Strip are substantial and will soon become evident. He pointed out the potential impact, particularly in the context of normalization efforts.

The condemnation of the Israeli aggression came from the highest levels of Iraqi leadership. Iraqi Prime Minister Mohammad Shia al-Sudani, during a meeting with the Iraqi Coordination Framework’s forces, condemned the ongoing Zionist aggression and the direct targeting of civilians in the occupied territories.

The Secretary-General of Iraq’s resistance group Asa’ib Ahl al-Haq, Qais Khazali, affirmed the group’s readiness to assist Palestine, offering both financial and moral support through demonstrations and protests. He even stated that his group is prepared to provide on-the-ground support if requested.

Iraq’s Warning to the United States: Israeli Aggression Continues

Earlier in the week, Iraq’s Sayyed al-Shuhadaa Brigades issued a warning to the United States against any interference in Operation Al-Aqsa Flood. The group made it clear that Palestine should not be compared to other international conflicts, emphasizing that any U.S. interference on the side of Israel would make U.S. bases in the region targets for the Resistance.

The group stressed that any U.S. support for the Israeli entity would face retaliation without any red lines uncrossed.

In the midst of these developments, Israeli Prime Minister Benjamin Netanyahu issued a stark threat to “change the Middle East” in the course of Israel’s ongoing war on Gaza. The Israeli military’s continuous airstrikes on the Gaza Strip have resulted in an alarming number of casualties, with over 2,228 Palestinian martyrs and thousands injured.

Iraq’s Long-Standing Support for the Palestinian Cause

Popular Front for the Liberation of Palestine (PFLP) Deputy Secretary-General Abu Ahmad Fouad, in an interview with Al-Mayadeen, highlighted the historical contribution of Iraq to the Palestinian cause. He noted the significant role that Iraq has played, even stating, “the cemetery of Iraqi martyrs in Jenin is testament to this.”

Fouad emphasized the enduring support of the Iraqi people for Palestine and their involvement in the ranks of the Palestinian Resistance. He highlighted the tangible reality of the Axis of Resistance today and the readiness of brothers in Yemen and Iraq to stand with Palestine whenever the need arises.

In Conclusion

In the face of the ongoing Israeli aggression, Iraq’s resolute support for the Palestinian people is a powerful testament to the enduring solidarity within the Axis of Resistance. The struggle continues, with the unwavering commitment of Iraq and other nations who stand with Palestine.

Saturday, October 14, 2023

Iraqi Dinar Rv Update News Today 2023 / Iraqi Dinar News Today / Iqd Din...

"RV UPDATE" BY KAPERONI, BREITLING & TISHWASH, 15 OCT

 Kaperoni  

The only way for Iraq to raise the value would be to do so gradually over time based on the success and growth of the economy. Doing so would allow them to withdraw the large quantities of currency as the economy prospers. It also would allow them to float the currency based on the economic success and diversification.  

Breitling 

 When we talk about...what they want the value of their currency at a minimum has to be at the average of the value of the currencies in the region.  But they don't just want to be regional they want to be international and be able to trade internationally so they want to be around at least a buck for that.

Tishwash  

Article:  "Economic praise for Iraq and Russia's agreement to deal in dinars and rubles: a masterstroke"  Quote: “In light of the agreement, Iraq will open new horizons of openness with important countries to deal with in the local currency. Therefore, the demand for the dollar will decrease and the value of the Iraqi dinar will rise against the dollar."

IRAQ DINAR - End of Dollar Currency Window - Ruble - Electronic Systems ...

Al-Sudani: The customs automation project is a starting point for implementing financial and banking reforms, 14 OCT

 Al-Sudani: The customs automation project is a starting point for implementing financial and banking reforms, 14 OCT

Baghdad – On Saturday, Prime Minister Muhammad Shiaa Al-Sudani ordered the government to fulfill all financial commitments necessary to complete the first phase of customs automation and networking. He emphasized the importance of the project as a crucial step towards implementing financial and banking reforms.

The office of Prime Minister Muhammad Shia’ Al-Sudani issued a statement reporting that a meeting was held on Saturday morning to discuss the progress of automating customs and networking. The Prime Minister chaired the meeting and representatives from the United Nations Conference on Trade and Development (UNCTAD) were present.

The statement mentioned that Al-Sudani reviewed a detailed report explaining the progress of work in implementing the first phase of the global system for automating and modernizing customs (ASYCUDA). He also highlighted the most prominent problems and challenges and suggested ways to overcome them, leading to the implementation of a single window for foreign trade. This will be achieved through a comprehensive application of information technology, which will help in unifying customs procedures, issuing electronic declarations, and exchanging data.

In accordance with the statement, Al-Sudani has instructed the completion of all financial obligations to finalize the requirements of the first phase. He also directed the provision of necessary infrastructure to ensure the success of the project. Additionally, he ordered the implementation of technical workshops to introduce this significant project, which will support the government’s efforts in developing economic structures based on the principles of integrity and transparency.

Al-Sudani emphasized that the customs automation project is a vital aspect of the government’s economic reform priorities. It serves as a fundamental basis for implementing financial and banking reforms as per the government’s vision to promote legitimate trade and combat corruption.

"RV UPDATE" BY FRANK26 & FIREFLY, 14 OCT

 Frank26

  Nobody used to touch the Iraqi dinar.  Nobody used to any Iraqi stocks.  They wouldn't touch [Iraqi's] currency.  It was worthless.  But the whole world now knows thanks to Sudani the potential of your currency...  

[Iraq boots-on-the-ground report] 

 FIREFLY: The television is saying the oil and gas law is still with the government technical committees and is being reviewed. 

 FRANK:  See!  Where did I tell you the HCL is at?  In a little box in the top shelf of Sudani's desk...It is being reviewed?  I agree, because it will require a new exchange rate.  What are they going to do pay you $0.30 a month?

We study this investment that is moving forward unless for some reason Sudani and Alaq are not what we think they are.  I'm not giving up on them.  I'm not seeing anything that tells me to give up on them except, What the hell are you waiting for?

  FIREFLY:  Sudani came on the news and he's saying Iraq is ready to join the BRICS... 

FRANK:  ...That's highly possible that might be the basket they will eventually float in because even the Iranian currency is in that basket and it is logical to consider this because this is the next step in the monetary reform process.
Your currency does not need a new exchange rate, it needs to float internationally without any restrictions.  It has no restrictions.  It is about to float internationally.  

Expert: Linking Iraq with the Arab Gulf countries will enhance its electrical reality, 14 OCT

 Expert: Linking Iraq with the Arab Gulf countries will enhance its electrical reality

On Friday, economic expert Omar Al-Halbousi stated that Iraq’s electricity crisis could be resolved with the help of an important step taken by connecting Iraq’s electrical grid with the Arab Gulf countries.

Al-Halbousi stated in a press release that the decision to connect Iraq with the Gulf electrical market platform aims to resolve the energy crisis in Iraq and increase the number of hours of electricity supply to citizens. Furthermore, the supply prices are more reasonable than Iranian electricity prices, and there are no obstacles standing in the way of fulfilling obligations.

He stated that the timing of this connection is perfect since Iraq has been facing an electricity crisis for years, especially during the summers. The lack of a national electricity system burdens the Iraqi citizens, and the country has been depending on Iranian electricity, which is sold at high prices and not fulfilling the obligations to Iraq, causing huge losses. The connection will help Iraq to get rid of this dependency and ensure a reliable source of electricity for its citizens.

During a recent statement, Al-Halbousi emphasized that Iraq is being blackmailed through the supply of electricity. Iran is pressuring Iraq to act as a mediator with America to release some of the financial amounts in dollars owed to Iran. As a result, Iraq has become a victim of the American-Iranian conflict.

Al-Halbousi emphasized the need for the Iraqi government to leverage the country’s resources to establish a robust national electricity system. Iraq has the potential to achieve self-sufficiency and even export electricity, but the government lacks the will and work ethic necessary to make it a reality. Currently, Iraq is spending money on importing electricity from neighboring countries, which could be saved by establishing a self-sufficient electricity system.


Last Tuesday, the platform linking the Gulf electricity market to Iraq was inaugurated. Baghdad hopes this will solve its worsening electricity crisis, particularly in the summer.


EXCERPTS FROM MARKZ, 23 NOV

 EXCERPTS FROM MARKZ MZ: Bond news is all over the place and we are trying to figure out what is real and what is not. They thought they wer...