Thursday, December 14, 2023
Orchestrated Media Distortion: A Hidden Chessboard in Middle East Conflicts, 13 DEC
Orchestrated Media Distortion: A Hidden Chessboard in Middle East Conflicts
In the labyrinth of Middle East conflicts, one finds a recurring theme of orchestrated media distortion. The chessboard of power dynamics often gets clouded by a veil of misinformation and narrative manipulation, as meticulously choreographed by groups like the Muslim Brotherhood, Iran, and other regional actors. The objective? To divert public attention from the profound, underlying issues that shape the region’s destiny.
Media Distortion: An Evolving Strategy
From the aftermath of the September 11 attacks to the rise of ISIS, the strategic use of media has been a constant. The 2006 Lebanon War and the American invasion of Iraq saw traditional media being used as a tool for misinformation. But as we moved into the era of the so-called Arab Spring, the tactics evolved, embracing social media and sophisticated technology to further the deception.
Gaza: A Current Focus
Today’s lens is focused on the Israeli military actions in Gaza, raising questions about the objectives of Operation October 7th, the timing of the operation, and the implications for the future governance of Gaza. The orchestrated distortion< /strong> now aims to muddle the narrative and obstruct serious inquiries into the abandonment of Hamas by Tehran and Hezbollah.
Looking Beyond the Distraction
What gets lost in this intricate dance of deceit are the potential for a new war in Lebanon, the ongoing negotiations between Israel and Hezbollah, and the impacts on neighboring countries like Egypt and Jordan. The economic implications of the conflict on these nations, their efforts to mitigate the effects, and the additional challenge of battling COVID-19 are all factors that need the world’s attention.
The author, Tariq Alhomayed, implores us to focus on the ‘big picture.’ He warns against getting sidelined by side battles and the campaigns of denunciation and incitement led by ‘keyboard jihadists’ supporting Hamas, the Muslim Brotherhood, and Iranian groups. As he rightly points out, these efforts are just a smokescreen, an elaborate distraction from the critical issues at play.
Wednesday, December 13, 2023
The Governor Of The Central Bank Meets With The Chairman Of The First Abu Dhabi Bank Group, 13 DEC
The Governor Of The Central Bank Meets With The Chairman Of The First Abu Dhabi Bank Group
December 13, 2023 The Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, met in Dubai with the Chairman of the First Abu Dhabi Bank Group, Ms. Hana Al Rostamani, and
during the meeting it was agreed to launch financial transfer operations between the two countries and to finance trade and imports between Iraq and the United Arab Emirates in the UAE dirham currency through the First Abu Dhabi Bank.
Transfer operations in the UAE dirham began today, Wednesday, December 13, and the first phase of this agreement will be with five Iraqi banks, which will be gradually increased.
This step comes within the framework of enabling Iraqi banks to establish relationships with reputable international banks, and it aims to reduce dependence on the electronic platform. For financial transfers and working in accordance with normal international practices adopted in enhancing Iraqi bank balances for the purposes of financing trade.
The First Abu Dhabi Bank offered to contribute to financing clean energy projects in Iraq. It is noteworthy that First Abu Dhabi Bank is one of the largest and strongest financial institutions in the world, with a credit rating of AA-, and its total assets amount to about 300 billion US dollars.
Central Bank of Iraq information Office 13 - December – 2023 https://cbi.iq/news/view/2483
"RV UPDATE" BY PIMPY, 14 DEC
Pimpy
Question "Does Iraq need to change their exchange rate in order to be part of a currency basket?"
In the news lately Iraq has talked about expanding their currency basket but somehow, some way, that ended up being that Iraq wanted to be part of a currency basket...I did the research...'In order for Iraq to be part of a currency basket it may need to consider changing its exchange rate.' Slow down. Don't get excited. It says, 'It may need to consider changing its exchange rate.'...If Iraq was actually being invited to join the currency basket then I would say with confidence Iraq must be doing very very good in order to be invited.
They've been talking...for the past couple weeks or even couple months - They want people now to start taking pride in their currency, start using their currency. Their goal is to strengthen Iraqi dinar and one of the steps they needed to do was get rid of the US dollar.
The Central Bank announces the agreement with the UAE to launch financial transfer and trade financing operations in the UAE dirham, 14 DEC
The Central Bank announces the agreement with the UAE to launch financial transfer and trade financing operations in the UAE dirham
The Governor of the Central Bank of Iraq, Ali Al-Alaq, announced today that they have agreed with the UAE to launch financial transfer operations between the two countries and finance trade and imports in the UAE dirham currency.
The governor’s media office announced that Ali Mohsen Al-Alaq, the Governor of the Central Bank of Iraq, had a meeting in Dubai with Hanaa Al-Rustamani, the Chairman of the First Abu Dhabi Bank Group. They agreed to initiate financial transfer operations between Iraq and the United Arab Emirates and finance trade and imports in their respective currencies. These transactions will be carried out through First Abu Dhabi Bank.
The transfer operations in UAE dirhams started on Wednesday. The first phase involves five Iraqi banks and will be gradually expanded.
He said, “This measure is part of an effort to help Iraqi banks establish relationships with credible foreign banks and aims to reduce reliance on electronic platforms for financial transfers. The goal is to adopt standard international practices that will strengthen the financial standing of Iraqi banks and enable them to finance trade more effectively.”
First Abu Dhabi Bank offered to finance clean energy projects in Iraq.
Surge in Searches for US Dollar Exchange Rate in Iraq Reflect Rising Dollar Value, 14 DEC
Surge in Searches for US Dollar Exchange Rate in Iraq Reflect Rising Dollar Value, 14 DEC
In recent times, a noteworthy uptick in searches related to the exchange rate of 100 U.S. dollars in Iraq has been observed across various internet search engines. This surge of interest, coming predominantly from citizens residing in different provinces of Iraq, is directly linked to the escalating value of the U.S. dollar. The rising dollar value has piqued the interest of many, resulting in a daily follow-up on the USD/IQD exchange rate.
Exchange Rates on December 13th
As of Wednesday, December 13th, the exchange rate of the U.S. dollar against the Iraqi dinar was recorded at around 1,310.5000 Iraqi dinars. However, a different picture emerged in the parallel market, colloquially referred to as the ‘black market’. Here, the U.S. dollar was trading at 50.00 Egyptian pounds for buying and 51.00 Egyptian pounds for selling in Egypt.
The Iraqi Dinar in the Parallel Market
In the parallel market, the Iraqi dinar exchange rate stood at approximately 37.96 Egyptian pounds for buying and 38.72 Egyptian pounds for selling. The stark difference in these rates indicates the volatility and unpredictability inherent in currency exchange markets.
Live Currency Rates and Historical Data
Real-time currency rates for USD to IQD, along with a live currency converter, conversion table, exchange rate history for the last week, and live charts for USD to IQD were also provided. Platforms like TorFX were suggested for international money transfers, promising free transfers with zero fees for amounts exceeding £2000.
The exchange rate was recorded as 0.0008 Dollars for one Iraqi Dinar, with the provision for users to sign up for exchange rate alerts and access historical exchange rate data. The current exchange rate was notably higher compared to the previous day’s rate, sparking curiosity and concern among followers of the USD/IQD exchange rate.
USD Exchange Rate in Baghdad and Erbil
Contrary to the rising rates, the USD exchange rate against the Iraqi dinar was lower in the markets of Baghdad and Erbil. The closing rate in the al-Kifah and al-Harithiya Central Exchanges was 155,950 IQD to 100. The selling and buying rates of the USD in Baghdad’s parallel markets were 157,000 and 156,000 IQD to 100, respectively. Meanwhile, in Erbil, the USD selling and buying rates were 156,050 and 156,950 IQD to 100, respectively.
FIREFLY: IT SOUNDS LIKE HE'S TELLING US THEY'RE GOING TO BE GIVING US OUR PURCHASING POWER VERY SOON, 28 NOV
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani on television again this afternoon saying the CBI has progressed in t...
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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...