Wednesday, November 8, 2023
Tuesday, November 7, 2023
Security raids the Forex company in Baghdad, 8 NOV
Security raids the Forex company in Baghdad, 8 NOV
A security source reported, on Tuesday, a raid on an “unlicensed” company for buying and selling stocks and trading in foreign currencies in the capital, Baghdad.
The source told Shafaq News Agency, “A security force raided one of the companies that carries out trading activities in buying and selling stocks and trading in foreign currencies (Forex) within the Al-Mamoun area / Al-Shawaf Street in Baghdad,” noting that “the company is not licensed by the Central Bank of Iraq. ”
The source confirmed, "7 computers, 3 records, and files containing contracts concluded with traders were seized, and one of those inside the company was arrested." link
Unraveling the Middle East Conflict: A Deep Dive into U.S. Non-Intervention, 8 NOV
Unraveling the Middle East Conflict: A Deep Dive into U.S. Non-Intervention
The Middle East conflict, a labyrinth of politics, history, and global interests, continues to shape the world’s geopolitical landscape. An integral part of this intricate matrix is the United States’ stance, a blend of political pragmatism, historical alliances, and economic considerations. This article explores the multi-layered dynamics of this conflict, delving into the reasons behind the U.S.’s non-intervention and the nuances of its support for Israel.
U.S. Involvement: A Maze of Motives and Implications
The U.S.’s approach to the Middle East conflict is far from straightforward. It is a tapestry woven with threads of historical context, regional politics, and economic interests. The U.S.’s involvement in Ukraine, viewed by some as a reckless instigation leading to Russia’s invasion, is a telling example. The narrative suggests that America could have supported Ukraine without inciting Russia, thereby averting the crisis.
The Israeli-Palestinian Conflict: A Complex Paradox
The Israeli-Palestinian conflict, a thorny issue in the Middle East, is another area where the U.S.’s stance is under scrutiny. While the U.S.’s support for Israel is often criticized, it is also rooted in shared cultural and historical ties. This connection, a pivotal element of Western civilization, has direct implications on U.S. foreign policy.
That said, there is a growing consensus that while Israel’s war in Gaza may be justified, its policies in the West Bank could be perceived as ethnic cleansing. This dichotomy presents a challenge to the U.S. – how to support reasonable Israelis while marginalizing anti-Arab zealots. The path to resolution is fraught with difficulty, but necessary for regional stability .
The Iraq Factor: Balancing Act in a Volatile Region
Caught in the crossfire of the conflict is Iraq, a country grappling with its historical animosity towards Israel and its strategic alliance with the U.S. Despite its refusal to sign an armistice agreement since the 1948 Arab-Israeli War, Iraq has shown diplomatic maturity in its stance on the Hamas-Israel conflict, advocating for Palestinian statehood and humanitarian aid for Gazans.
Simultaneously, Iraq’s internal dynamics, with the role of Shia militias and the delicate task of managing relationships with the U.S. and influential armed factions, add another layer of complexity. The recent visit of Secretary Blinken to Iraq signifies the importance of handling these challenges to ensure regional stability.
In conclusion, the ongoing conflict in the Middle East, underscored by the U.S.’s involvement and the Israeli-Palestinian discord, is a microcosm of the complexities of international relations. As this exploration reveals, navigating these turbulent waters requires keen understanding, diplomatic finesse, and a commitment to peace.
Evening News with MarkZ. 11/07/2023
"RV UPDATE" BY WALKINGSTICK, 7 NOV
Walkingstick
[Iraqi bank friend Aki update] Aki's boss who has a bank inside of Iraqi ordered Aki last week to stay at [Aki's bank in the southern part of the state where the bank is located]. The reason why is because there is a change to the exchange rate of the Iraqi dinar [coming].
Our Federal Reserve is pushing the monetary reform of the Iraqi dinar for the new exchange rate...This MR (monetary reform) first started out with an RV (revaluation).In other words they did all the calculations on all the numbers of everything that they had in their reserves...banks...bank accounts, at the CBI...assets in the ground...The RV has led the MR to the phase they're in right now which is called an RD (redenomination of their currency) - The new currency to replace the 3-zero notes.
The RD is inches away from entering what's called the RI. The RI of Iraq's currency is what will happen after this RD phase. Once you see...they have the redenomination in their hands, then the RI of their currency coupled with an RV of their new exchange rate value...will kick in. What it boils down to is it will start an international float using an international currency basket..
Gas Pipeline to Kirkuk Power Station Completed, 7 NOV
Gas Pipeline to Kirkuk Power Station Completed, 7 NOV
The Iraq Oil Pipeline Company has recently finished a project to extend a dry gas pipeline, which is 16 inches in diameter and supplies the Kirkuk Gas Power Station from the Khor Mor fields. The pipeline is 1,050 meters long and was built in two phases. It is expected to transport an extra 100 million cubic feet of gas per day, thereby increasing the electricity production.
Ali Abdul Kareem Al-Mousawi, General Director of the Oil Pipeline Company, has reinforced the company’s dedication to executing the orders of the Deputy Prime Minister for Energy Affairs and the Minister of Oil. The company is committed to supporting projects related to the supply and transportation of oil products for the benefit of electricity generation facilities across all provinces.
The new pipeline diverts from the main pipeline, which runs from Jamboor Station to North Gas Company, to supply gas to the Kirkuk Gas Power Station at Tazah Station. The project involved connecting the pipeline, installing three 16-inch valves, constructing a 60-meter bridge on the main road between Kirkuk and Baghdad, and building other sub-bridges. Additionally, engineering inspections and thickness measurements were carried out along the new pipeline’s path. Al-Mousawi praised the efforts of the national workforce in completing important projects.
The implementation of the pipeline was coordinated with various organizations including the Directorate of Electricity in Kirkuk, North Gas Company, North Oil Company, and the Directorate of Traffic, Roads, Bridges, and Communications to ensure successful execution of the project.
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