Monday, October 16, 2023

The Diplomatic Dance in the Middle East: China, Iraq and the Arab League, 16 OCT

 The Diplomatic Dance in the Middle East: China, Iraq and the Arab League, 16 OCT

In the labyrinthine corridors of diplomacy, where words weave webs of intrigue, a meeting held in the Iraqi Prime Minister’s office has ignited a flame of curiosity. Amid the escalating Israel-Gaza conflict, Prime Minister Muhammad Shia Al-Sudani has received the Secretary-General of the Arab League, Ahmed Pu Alit, for a discussion that remains shrouded in mystery.

China’s Changing Stance

Meanwhile, the diplomatic dynamics are shifting in the Middle East, with China, a nation known for its economic might and growing influence, playing an increasingly vocal role. The dragon is no longer whispering, it’s roaring – and it’s roaring for the Palestinian cause.

China’s Foreign Minister, Wang Yi, has emphasized China’s commitment to peace and the rights of the Palestinian people. This marks a significant departure from its traditionally ambiguous stance towards the Israel-Gaza conflict. China’s growing influence in the Middle East is attributed to its economic footprint and diplomatic activism in the region. However, its relations with Israel, particularly in the technological sector, limit its room for maneuver.

Mediator in the Middle

In a series of high-profile conversations, Wang Yi has been calling for an end to the historical injustice of denying the Palestinian people’s right to statehood. He has spoken with foreign ministers from Iran, Saudi Arabia, and even the US Secretary of State Antony Blinken, emphasizing the need to de-escalate the situation and return to the negotiation table. His calls for an international peace meeting to achieve a broad consensus on the conflict further cement China’s position as a mediator.

To back up its words with actions, China’s special envoy Zhai Jun is set to visit the Middle East to push for a ceasefire and promote peace talks, demonstrating China’s active commitment to resolving the conflict.

The Iraqi Connection

Simultaneously, the Iraqi Prime Minister’s visit to Russia underscores the broader regional implications of the crisis. Mohammed Al-Sudani’s scheduled talks with Russian President Vladimir Putin will revolve around multifaceted cooperation and pressing global issues, including the situation in the Middle East. This inclusion of Iraq in the discussion is significant, as the Israel-Gaza conflict threatens to destabilize the region further.

The engagement of Iraq, a key player in the region, with Russia, and the secretive meeting between Al-Sudani and Ahmed Pu Alit, while China steps up its involvement, hint at an intricate geopolitical tapestry being woven in the Middle East.

As the world watches the Israel-Gaza conflict unfold, these developments illuminate the transformative roles nations like China and Iraq could play in mitigating the crisis and facilitating long-term peace in this tumultuous region.

https://bnn.network/world/iraq/the-diplomatic-dance-in-the-middle-east-china-iraq-and-the-arab-league/

Iraqi DinaršŸ”„They're Going To Released Internationally Today 2023šŸ”„iraqi d...

Finally, the Baghdad dollar is under 160… ATMs sell for 158, 16 OCT

 Finally, the Baghdad dollar is under 160… ATMs sell for 158

10-15-2023
Finally the Baghdad dollar is under 160... ATMs sell for 158The exchange rates of the US dollar fell, this evening, Sunday, below the level of 160 thousand Iraqi dinars for each $100 note in the offices of exchange companies in the various regions of Baghdad. This is the first time that they have fallen below this level after a turbulent week in which the exchange rates reached the level of 165 thousand dinars. .
The exchange rates in a number of Baghdad areas were as follows:

Shorja – the struggle
Sale: 158,000
Purchase: 157,000
the Palestine street
Sale: 159,000
Purchase: 157,000
Harithiya
Sale: 158,000
Purchase: 157,000
Al-Bayaa – car showrooms
Sale: 159500
Purchase: 157,000

FRANK26….IQD UPDATE 10-16-23……SUDANI TALKS DIRECTLY TO THE CITIZENS OF IRAQ

Expert: 70% of dollar transactions have disappeared in Iraq, and the Central Bank wants to end the era of “dollarization”, 16 OCT

 Expert: 70% of dollar transactions have disappeared in Iraq, and the Central Bank wants to end the era of “dollarization”

Posted, 2023-10-15
Expert - 70 percent of dollar transactions have disappeared in Iraq and the Central Bank wants to end the era of dollarizationBaghdad – 964
An economic expert says that the Central Bank eliminated 70% of dollar transactions in the Iraqi market, noting that this is the result of the policies followed by the bank’s governor, Ali Al-Alaq, throughout a year of assuming responsibility, as he began restricting “dollarization.”
Nabil Jabbar Al-Tamimi – economic expert for the 964 Network :
Since Central Bank Governor Ali Al-Alaq assumed the position, he has been working on a policy of ending dollarization.
What is meant by dollarization here is to end excessive dealings with the US dollar, which Iraqis have used since 2003 as the primary currency to pay for most purchases in the market.
The senior leadership in the Central Bank believes that this excessive dealing in the dollar threatens the reserve of the American currency, in addition to the continued fluctuation of its prices locally.
The Central Bank’s policy has now eliminated 70% of dollar transactions in the Iraqi market, and the remaining 30% is linked to the issue of remittances abroad within the framework of the banking sector, especially those heading to Iran, then Lebanon and Syria.
There are people within the Central Bank who may work to obstruct the implementation of the bank’s policies, which has caused the significant rise in the value of the dollar.

IQD meeting in North Africa international finances BY NADER FROM MID EAST

"RV UPDATE" BY PIMPY, 16 OCT

 Pimpy

  Question: "Please explain what you mean by dirty float. There are different monetary policies that people could put into place to control their exchange rates.  A dirty float is a free float with the government's ability to intervene at any time.

 There's no proof whatsoever that anybody inside our congress hold Iraqi dinar.  Now I'm not saying they don't because the truth of the matter is most of them are in the know. 

So if something big is going to happen I guarantee they're going to have Iraqi dinar.  But where's the proof that congress has Iraqi dinar?  Where's the proof that Trump has it?  

You know that's a funny thing, I believe Trump was asked one time and he said he didn't have any at the time but was thinking about it..

Question: "I'm confused, are you for an RV or you saying it's not going to happen?"  What do you  mean?  

What part are you confused about?  I'm for an RV, hell yeah man! Let it happen tomorrow.  Geez.  I'm for an RV, I'm just saying  we're grounded...I'm not negative.  I'm telling you the truth...I'm saying the RV will happen in increments.  Are you talking about a reinstatement, the $3.22 rate?  No, that's not going to happen... 

 The one major issue with Iraq is they rely too much on oil.  I don't care what them guys tell you about, 'oh, they're article VIII compliant.

 That doesn't mean crap.  Compliant what?  Article VIII of what?  What article VIII are you talking about? 

 The biggest issue with Iraq besides the fact they don't have a stable economy and their government is not stable is they rely way too much on oil...

EXCERPTS FROM MARKZ, 27 NOV

 EXCERPTS FROM MARKZ Member: What are they saying the dinar will be worth now? MZ: They are not.  But most people believe it will be in the ...