Tuesday, October 17, 2023

Iraqi Dinar Decoding Forex Trends: Dinar at $3.81 and Dong at $2.47 - Is...

Integrity confirms that “major achievements” have been made in the fight against corruption within a year of the formation of the government, 17 OCT

 Integrity confirms that “major achievements” have been made in the fight against corruption within a year of the formation of the government, 17 OCT

The head of the Integrity Commission, Haider Hanoun, emphasized the importance of international cooperation and the signing of memorandums of understanding between countries to fight corruption. He also highlighted the role of such cooperation in recovering smuggled funds and convicts. He noted that the government had made significant progress in combating corruption within a year of its formation, and that this progress was due to the government’s determination to fight corruption.

The Commission of Integrity released a statement regarding a meeting between Judge Haider Hanoun and the Egyptian Minister of Justice Counselor Omar Marwan. The meeting took place at the commission’s headquarters and was also attended by the vice president of the commission and its general directors. During the meeting, Judge Hanoun emphasized the importance of the memorandums of understanding that the commission has signed with counterpart agencies in Arab countries, particularly with the Illicit Gains Agency affiliated with the Egyptian Ministry of Justice. He stressed the significance of communication and cooperation between the Prevention Department of the Federal Integrity Commission and the Illicit Gains Agency in preventing and fighting corruption, as well as in tracking down and recovering illicit gains.

The head of the authority has praised the combined efforts of three authorities along with national regulatory bodies, particularly the Federal Integrity Commission, in the fight against corruption. He highlighted significant achievements made in this regard, a year after the formation of the government and the implementation of its programme. He explained that these efforts led to the capture of high-ranking officials, and the revelation of inflation and unjust gains. The investigation uncovered a project that was funded by some taxpayers, and tens of billions were returned to the state treasury as a result.

The Egyptian Minister of Justice, Counselor Omar Marwan, praised the Iraqi Integrity Commission’s cooperation with state agencies in the fight against corruption. He emphasized that combatting corruption is crucial for development and prosperity. The Minister also pointed out that automating the procedures of state departments leads to better governance and faster procedures. He added that qualified employees who receive adequate training and are placed in appropriate positions will result in increased level and quality of performance.

During the meeting, the two parties discussed various issues related to preventing and combating corruption, and agreed to continue communication between the regulatory agencies of the two countries. The Egyptian Minister of Justice expressed his ministry’s willingness to cooperate with the Authority in order to overcome any obstacles related to recovering accused and convicts. The statement also mentioned their shared commitment to this cause.

Target limits for the IQD #iraq BY NADER FROM MID EAST

Iraqi Prime Minister discuss the Gaza situation with Arab League Secretary-General, 17 OCT

 Iraqi Prime Minister discuss the Gaza situation with Arab League Secretary-General, 17 OCT

Shafaq News/ Iraqi Prime Minister Mohammad Shia al-Sudani held talks on Wednesday with the Secretary-General of the Arab League, Ahmed Aboul Gheit, on the situation in Gazza, which has been under heavy Israeli fires for more than a week following a large-scale operation by Hamas, a press release by his bureau said. 


During the meeting, the Prime Minister reiterated Iraq's unwavering stance on the Palestinian people's right to establish an independent state on their national soil. He emphasized the importance of safeguarding the sanctities in Palestinian territories from attempts to erase their historical identity and the land-seizure and settlement campaigns conducted by the Israeli authorities.


Prime Minister al-Sudani praised the resilience of civilians in the besieged Gaza Strip and all humanitarian relief efforts initiated by Arab brothers and friends. He also called on the international community to take serious and responsible steps to avert a humanitarian catastrophe that could leave a lasting impact on the presence and identity of the Palestinian people in their occupied homeland.

https://shafaq.com/en/Iraq-News/Iraqi-Prime-Minister-discuss-the-Gaza-situation-with-Arab-League-Secretary-General

President Biden asks PM al-Sudani to mediate with Iran amid Israeli-Palestinian conflict, 17 OCT

President Biden asks PM al-Sudani to mediate with Iran amid Israeli-Palestinian conflict

Shafaq News/ A government source on Tuesday revealed that U.S. President Joe Biden asked the Iraqi Prime Minister Mohammad Shia al-Sudani to play a mediation role with Iran in order to contain any potential expansion of the conflict currently ongoing for ten days between Israel and Hamas.


The source informed Shafaq News that Biden acknowledged the official role of Baghdad in de-escalating the current crisis and spoke about the potential for a mediation role, especially with Iran, to achieve de-escalation.

The source added that al-Sudani expressed his belief in the necessity of containment and non-escalation, coupled with a ceasefire and the creation of humanitarian corridors to aid the residents of Gaza.


Earlier in the day, the White House stated that U.S. President Joe Biden had spoken with Iraqi premier as part of his efforts to contain the conflict between Israel and the Palestinians.


Subsequently, the media office of Prime Minister al-Sudani released a statement confirming that he received a phone call from President Joe Biden. During the call, they discussed the current developments taking place in Palestinian territories and emphasized the importance of rallying efforts and working together to support sustainable stability in the region, in addition to efforts aimed at enhancing the bilateral partnership between Iraq and the United States of America, in accordance with the Strategic Framework Agreement between the two countries.


https://shafaq.com/en/Iraq-News/President-Biden-asks-PM-al-Sudani-to-mediate-with-Iran-amid-Israeli-Palestinian-conflict


Evening News with MarkZ 10/17/2023

"RV UPDATE" BY FRANK26, 17 OCT

  Frank26

  This is the CBI Article Quote:  "The expectations of the Central Bank and specialist is that the exchange rate will return to a stable state but it requires time which we hope will not be long." 

 Man I have read so many good things my mouth feels like sugar!  I feel like I have candy in my mouth, sugar cookies.  This is from the CBI.  This is them talking about the the exchange rate.  They tell you don't believe the bull KaKa from those other guys...

 Question:  "Does this [Auctions changing/no USD withdrawals in January] mean it will revalue after the 1st of the year ?"

  First of all it's not a revalue...I have said it over a billion times this is an RI, reinstatement ...So what if you have to wait until January?  What is the problem?

 Article:  "Erbil: Withdrawing the dollar via ATM machines stopped by a decision of the Central Bank 

[Boots on the ground update] 

 SUPERGIRL'S REPORT [From last week] 

 Quote "We are committed to the Central Bank’s decision issued 3 months ago, which prevents banks from granting dollars via ATM machines, and we have observed a commitment from other banks."

FRANK26: "NOTICE ALL THE BANKS THAT ARE RELICENSED" , 26 NOV

 KTFA FRANK26:  "NOTICE ALL THE BANKS THAT ARE RELICENSED".....F26 Trade Bank of Iraq announces plan to open new branches 11/23/20...