Iraq’s President Concludes Diplomatic Visit to Azerbaijan, Set for Armenia
President Abdullatif Jamal Rashid of Iraq concluded his diplomatic visit to Azerbaijan on November 21, marking a significant step in the continued strengthening of ties between the two nations. The official departure ceremony held at Heydar Aliyev International Airport, with a guard of honour lined up to see him off, underscored the importance of the visit.
Press Statements and Future Cooperation
Following the visit, both President of Azerbaijan Ilham Aliyev and President Abdullatif Rashid made press statements, discussing various facets of the bilateral agenda and outlining key directions for future cooperation. President Aliyev expressed his belief that President Rashid’s visit would bolster the friendly relations between Azerbaijan and Iraq, opening a new chapter of cooperation.
Call for Peace and Solidarity
In the Azerbaijani capital Baku, President Rashid voiced his hopes for a successful peace treaty between Azerbaijan and Armenia. This sentiment signals Iraq’s support for stability in the region and underscores the potential role of diplomacy in resolving conflicts. Furthermore, both leaders discussed their mutual support in international institutions and solidarity within different global organizations.
Strengthening Bilateral Relations
Emphasizing the historical significance of the visit, President Aliyev reiterated his commitment to further enhancing the relations between the two countries. President Rashid echoed this sentiment, expressing his determination to strengthen bilateral ties and readiness to sign memorandums of understanding between Iraq and Azerbaijan. Such declarations reflect a shared ambition for a long-term, mutually beneficial partnership.
Member: MarkZ, ready to have you walking through the streets yelling, 'The RV is coming!'
MZ: I have a great banking story to share with you. I will leave his name to maintain anonymity: “Today I went to a JP Morgan Chase bank. The cashier confirmed that they are in training and admitted that they are changing their systems. There was an advertisement on a 13 foot pillar, an LED screen that said “Foreign Currency Exchange” and admitted what you and others like Frank, Bob and others tell us. We smiled a lot after today's bank visit.
MZ: In Iraq they are talking about how de-dollarization is working... and now that they have opened banks that use other currencies... it has greatly reduced their dependence on the US dollar. And they are seeing the dinar rate rise against the US dollar. I was told that as soon as the parallel/black market rate reaches the official rate... then the big change in value. They need to stabilize rates before they can change them.
Member” Nader made a short video today… They are working on modern banking updates and improvements. Lots of modernization
Member: TNT Tony said a rate of $4.81 for us today
Member: Frank 26 in shiny gold suit today.
MZ: “Citigroup begins layoffs as Wall Street prepares for a difficult end to 2023”
MZ: “IMF Releases Digital Currency Manual for World’s Central Banks” This one is going to surprise almost everyone… It's not specifically about the creepy, evil CBDCs… but it's about blockchain and blockchain-backed currency. assets. These currencies can wean the world from dependence on the US dollar. They have a manual for countries to create their own sovereign digital currency.
MZ: This is the IMF throwing the United States under the bus... showing the world how they can de-dollarize... this piece is huge. Financial markets around the world should be erupting. Right now.
MZ: This is in Forbes: "US Dollar Collapse 'Accelerates' 33.7 Trillion Shocks, Fed Inflation Warning, and Makes 'Bullish' Case for Rising Bitcoin, Ethereum, XRP and Crypto Prices" These They are alternatives to the US dollar……. .Loudly they say that the dollar is collapsing and accelerating.
MZ: “The de-dollarization of Russia and China is almost complete” About 95% of transactions are now settled in their national currencies.
MZ: “Egypt and India completely abandon the dollar”
MZ: “Sri Lanka central bank to adopt floating interest rate and report on foreign reserve collection” This means they are decoupling… They are ready for the markets to decide their value.
Member: Argentina just eliminated the income tax
MZ: “Morgan Stanley CEO says his company is ready for the end of Basel III: the radical new global rules on banking”
MZ: “Texas has the answer = Imagine a gold-based Texas currency that you can spend that keeps up with inflation and for every dollar you spend is physically returned in gold…”
Member: I feel like things are moving pretty quickly. Thank God
Member: We are so close to the RV that we can see and smell it... but I want to touch it, please.
Member: Restore happiness to the desperate, bring love to the lonely, food to the hungry, and peace to this wounded world. In the Name of Jesus I ask you, Amen!
Member: Rest well and sleep soundly…Blessings and peace.
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TRANSLATION IN SPANISH:
Lunes 20 Noviembre 2023
Mark Zee : Dice
Lunes por la tarde
— Miembro: Buenas noches de lunes a todos.
Miembro: MarkZ, listo para que andes por las calles gritando: '¡Se acerca la casa rodante!'
MZ: Tengo una gran historia bancaria que compartir con ustedes. Dejaré su nombre para mantener el anonimato: “Hoy fui a un banco JP Morgan Chase. El cajero confirmó que están en formación y admitió que están cambiando sus sistemas. Había un anuncio en un pilar de 13 pies, una pantalla LED que decía “Cambio de moneda extranjera” y admitía lo que usted y otros como Frank, Bob y otros nos dicen. Sonreímos mucho después de la visita al banco de hoy.
MZ: En Irak están hablando de cómo está funcionando la desdolarización... y ahora que han abierto bancos que utilizan otras monedas... ha reducido en gran medida su dependencia del dólar estadounidense. Y están viendo cómo el tipo del dinar aumenta frente al dólar estadounidense. Me dijeron que tan pronto como la tasa del mercado paralelo/negro alcance la tasa oficial... entonces el gran cambio de valor. Necesitan estabilizar las tasas antes de poder cambiarlas.
El miembro” Nader hizo un video corto hoy… Están trabajando en actualizaciones y mejoras bancarias modernas. Mucha modernización
Miembro: TNT Tony dijo una tarifa de $4.81 para nosotros hoy
Miembro: Frank 26 con traje dorado brillante hoy.
MZ: “Citigroup comienza a despidos mientras Wall Street se prepara para un difícil final de 2023”
MZ: “El FMI publica un manual de moneda digital para los bancos centrales del mundo ” Este va a sorprender a casi todos... No se trata específicamente de las espeluznantes y malvadas CBDC... pero se trata de blockchain y moneda respaldada por activos. Estas monedas pueden hacer que el mundo deje de depender del dólar estadounidense. Tienen un manual para que los países creen su propia moneda digital soberana.
MZ: Este es el FMI arrojando a Estados Unidos debajo del autobús... mostrándole al mundo cómo pueden desdolarizar... esta pieza es enorme. Los mercados financieros de todo el mundo deberían estar en erupción. Ahora mismo.
MZ: Esto está en Forbes: " El colapso del dólar estadounidense "aceleración" 33,7 billones de shock, advertencia de inflación de la Fed y presenta argumentos "alcistas" para el aumento de precios de Bitcoin, Ethereum, XRP y Crypto" Estas son alternativas al dólar estadounidense ……. .En voz alta dicen que el dólar se está derrumbando y se está acelerando.
MZ: “La desdolarización de Rusia y China está casi completa” Alrededor del 95% de las transacciones ahora se liquidan en sus monedas nacionales.
MZ: “Egipto e India abandonan completamente el dólar”
MZ: “ El banco central de Sri Lanka adoptará un tipo de interés flotante y un informe sobre la recaudación de reservas extranjeras” Esto significa que se están desvinculando... Están listos para que los mercados decidan su valor.
Miembro: Argentina acaba de eliminar el impuesto a la renta
MZ: “El director ejecutivo de Morgan Stanley dice que su empresa está lista para el final de Basilea III: las nuevas y radicales reglas globales sobre la banca”
MZ: “Texas tiene la respuesta = Imagine una moneda de Texas basada en oro que puede gastar y que se mantiene al día con la inflación y por cada dólar que gasta se devuelve físicamente en oro…”
Miembro: Siento que las cosas están avanzando bastante rápido. Gracias a dios
Miembro: Estamos tan cerca de la casa rodante que podemos verla y olerla... pero quiero tocarla, por favor.
Miembro: Restaura la felicidad a los desesperados, trae amor a los solitarios, alimento a los hambrientos y paz a este mundo herido. En el Nombre de Jesús te pido ¡Amén!
Miembro: Descanse bien y duerma profundamente…Bendiciones y paz.
A Government Plan To Improve The Performance Of The Banking Sector
Baghdad: Haider Al-Jaber The government attaches great importance to reforming the government banking sector, which dominates about 85 percent of investments in this vital sector.
The Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Saleh, explained to “Al-Sabah” that “there are priorities in the pace of economic reform that the government program brought in spirit and letter, as reforming the government banking sector and returning it to work on the basis of efficiency and high competitiveness is the main goal of the financial reform that it seeks.”
The government reached it within the scope of a broad program of economic and institutional reform and building a modern banking market in accordance with the requirements of the Constitution. Saleh added,
“The government banking sector dominates more than 85 percent of the sector’s total investments, but
at the same time it suffers from a heavy legacy as a result of its faltering for more than four decades of instability in the face of the progress that has afflicted banking in the world,” noting that “this matter
“It necessitated that the financial and banking sector take priority in the basic reform package.” The government's financial advisor added,
"The development plans required to be submitted by government banks will reflect the banks' capabilities for reform and the corrective decisions required to be taken to proceed with the major banking reform process to achieve the goal of reform."
Banking reform plans face difficult obstacles, difficult for several reasons, as they lack a number of foundations that push the process forward.
Banking expert Mahmoud Dagher said in an interview with “Al-Sabah”:
“Reforming government banks is one of the most difficult tasks due to their functional slackness and incomplete data, as well as problems in their budgets with accumulations dating back a long time,” indicating that “these banks are prohibited from international dealings.”
“There are sanctions on some procedures that took place before 2003, in addition to the difficulty of establishing a technological banking system that enables it to develop.” Dagher continued,
"Since 2018, Rafidain Bank has not been able to install the technological banking system," stressing that "there is difficulty in reforming government banks if there is no change in ownership, improving the performance of employees, and establishing the banking system." Dagher concluded,
“Banks are a modern banking system through which all branches are able to communicate and exchange information and restrictions with the center.” https://alsabaah.iq/87563-.html
The Iraqi Central Bank warns against the misuse of electronic payment cards outside the country, 21 NOV
The Iraqi Central Bank warns against the misuse of electronic payment cards outside the countryShafaq News/ The Central Bank of Iraq warned that some people might misuse the electronic payment cards it provides to meet the legitimate natural needs of citizens.
The bank stressed, in a statement received by Shafaq News Agency, its commitment to implementing strict measures to limit this phenomenon and protect the financial system and ward off risks from it, indicating that it will include the names of bank card holders whose misuse or smuggling is caught on blacklists and take legal measures against these. Category.
The bank noted that they will be deprived of issuing other cards and all financial products, and that all necessary measures will be taken against violators, based on the Anti-Money Laundering and Terrorist Financing Law No. 39 of 2015 and the instructions and controls issued pursuant thereto.
