Friday, November 17, 2023
"RV UPDATE" BY MNT GOAT, 17 NOV
Mnt Goat
It seemed my contact in the CBI was bragging about the final steps and paperwork for the full membership of Iraq to the World Trade Organization (WTO) and to look for the official announcement this week or sometime next week. But it is completed.
I asked if Iraq needs an international rate of the dinar in order for full membership. I was told and I quote from my source – “Iraq needed a tradable international currency”. I asked if this means liberated back on FOREX trading and was told YES! So, We are VERY close! These two events are converging (WTO and Reinstatement).
Article: "THE HIGHEST CURRENCY RESERVE IN THE HISTORY OF IRAQ"
Quote: "We hold the
highest currency reserve in the history of Iraq and the time for the stability of the dollar has begun November 14, 2023 Advisor to the Prime Minister for Financial Affairs, said that Iraq today has the highest foreign currency reserves throughout its financial history...stressing that this agreement constitutes the beginning of price stability in the exchange market."
"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 17 NOV
Frank26
[Iraq boots-on-the-ground report]
FIREFLY: Television is talking to us all day about the government taking measures to address the exchange rate and the parallel market but they can't change the rate. They say only the CBI. What's going on? Why don't the CBI help?
FRANK: Calm down, calm down...As far as parliament saying whatever they are saying...who cares. Their voice is an echo in the abyss of darkness.
FIREFLY: A lot of contracts are being announced left and right. Hundreds and hundreds of them. It is impossible to be signing at a program rate...
FRANK: Do you honestly believe it's being done at a program rate? Absolutely not. These are the tale tell signs of the monetary reform and it's also part of your education.
Source: Iraqi-Turkish discussions result in 4 points to regulate trade between the two countries, 17 NOV
Source: Iraqi-Turkish discussions result in 4 points to regulate trade between the two countries
A source in the Iraqi government stated, today, Thursday, that discussions took place with Turkey to regulate trade between the two countries through approved legal and banking methods and means.
The source said in a statement circulated to the media, including Shafaq News Agency, that, “In order to organize trade exchange between Iraq and Turkey on better foundations and standards to ensure containing the pressure on the parallel market and the demand for the cash dollar to feed some aspects of trade exchange between the two countries, the Prime Minister directed that discussions be held.” Wide with the Turkish side.
He added, "An expanded meeting took place on Wednesday, November 15, 2023, which included the Central Bank of Iraq and a number of advisors to the Prime Minister, while the Turkish side included a delegation headed by the Turkish ambassador, Turkish banks operating in Iraq, and a representative of the Turkish private sector."
According to the source, the discussions resulted in the following points:
1- The importance of the Turkish customs authorities matching the transfer documents with the goods supplied to Iraq at the Turkish customs points in a way that protects the interests and stability of trade between the two countries.
2- Linking Turkish exports to bank transfer documents through Turkish border crossings serves the Iraqi economy, as Iraqi merchants will resort and encourage financial transfers through the banking system instead of using parallel market tools and the cash dollar to finance their trade with Turkey.
3- For its part, the Central Bank of Iraq expressed its readiness to facilitate external transfer procedures by activating the relationship between the branches of Iraqi banks in Turkey and the branches of Turkish banks in Iraq in terms of feeding accounts in foreign currency and financing foreign trade between the two countries.
4- The issue of facilitating the use of credit cards in the Turkish banking market in an accessible way for Iraqi residents and tourists was also discussed.
The source confirmed that these measures aim to regulate and stabilize trade between the two friendly countries through approved legal and banking methods and means. link
Government spokesman: Occupying international leadership positions represents the recovery of Iraq’s reputation, 17 nov
Government spokesman: Occupying international leadership positions represents the recovery of Iraq’s reputation, 17 nov
On Thursday, government spokesman Bassem Al-Awadi identified the most prominent features of Iraq’s victory in membership in the Executive Council of UNESCO, while noting that occupying international leadership positions represents the recovery of Iraq’s reputation.
Al-Awday told the Iraqi News Agency (INA): “The process of qualifying countries to be members of the executive councils of major international institutions is subject to an assessment of the reputation of the political systems of those countries and the positions of various countries of the world towards them,” indicating that “Iraq, because of the follies of the previous regime, has been removed since 1991 from membership.”
Most, indeed, all major international institutions, and the voting process for Iraq has become subject to pressure, interference, and rejection over the course of three decades.”
He added, "Iraq's return to occupying its international leadership positions once again represents the recovery of Iraq's reputation and the overcoming of the signs of the past, and the reputation has become fully qualified and ready to take its place and its natural right in international councils," noting that "Iraqi policy (internal and external) and the government that supervises it is a place of trust." International respect qualifies the country to obtain the votes of various countries competing to vote and qualify for these councils.”
He pointed to "the role of countries and governments in pursuing their entitlement to these institutions and working diligently to reach it, as Prime Minister Muhammad Shiaa Al-Sudani met twice during this year with the leadership of UNESCO and provided a cohesive basis for reserving Iraq's seat."
Regarding how Iraq can exploit its seat after winning membership in the Executive Council of UNESCO, he stressed that “this is done by following up on the organization’s work and projects, including supporting illiteracy eradication projects, in addition to supporting vocational training, teacher qualification and training programs, and international science programs, as well as historical and cultural projects.”
Global cooperation agreements, preserving human heritage, supporting internal organizations, efforts, projects and partnerships with Iraqi ministries and bodies, establishing a mechanism for implementing activities in geographical regions, and following up on their implementation.”
He stressed that "Iraq's acceptance of membership in the Executive Council of UNESCO is a purely governmental effort based on correct indicators that the world has been monitoring over the past year link
Coffee with MarkZ and Mr. Cottrell. 11/17/2023
India’s Foreign Minister Highlights U.S. Strategic Errors in Afghanistan and Iraq, 17 NOV
India’s Foreign Minister Highlights U.S. Strategic Errors in Afghanistan and Iraq
In a candid reflection on U.S. foreign policy, India’s Foreign Minister, S. Jaishankar, has described America’s military engagement in Afghanistan and Iraq as a significant misstep, leading to a dilution of its global influence. His remarks came during an interview with an Indian media platform, where he presented a critical appraisal of Washington’s strategic decisions in the region and their far-reaching implications.
(Read Also: Rollerblading Taliban: An Unconventional Approach to Patrolling)
Jaishankar’s Analysis of U.S. Strategy
Jaishankar asserted that the U.S. became trapped in the quagmires of Afghanistan and Iraq, divesting it of resources and attention that could have been directed elsewhere. This, he believes, is an error that Washington might presently be regretting. His perspective offers a fresh lens through which to examine U.S. foreign policy, particularly its interventions in the Middle East and South Asia.
Implications of U.S. Involvement in Afghanistan and Iraq
According to Jaishankar, the U.S. deployment in Afghanistan and Iraq constituted a strategic blunder that resulted in the weakening of America’s global position. This viewpoint underscores the complexities of international relations and the potential pitfalls of military involvement in foreign territories. It also suggests a broader critique of U.S. foreign policy and its ramifications for American influence.
(Read Also: 4.9 Magnitude Earthquake Shakes Hindu Kush Region of Afghanistan)
The Indo-U.S. Strategic Dialogue
Jaishankar’s comments come ahead of the high-profile 2+2 ministerial dialogue between India and the United States, aimed at advancing a futuristic roadmap for deeper strategic cooperation. The dialogue, as envisioned by Prime Minister Narendra Modi and President Joseph Biden, seeks to bolster bilateral relations and strategic partnerships, further augmenting the global influence of both nations.
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Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
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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...