Saturday, January 6, 2024

Trade: Baghdad International Fair will include the participation of 20 countries and more than 800 international companies, 6 JAN

Trade: Baghdad International Fair will include the participation of 20 countries and more than 800 international companies

1/4/2023   Baghdad - INA - Hassan Al-Fawaz

The Ministry of Commerce confirmed today, Thursday, that the 47th edition of the Baghdad International Fair will include the participation of 20 countries and more than 800 international companies, while indicating that the exhibition halls are sold out.

 Director General of the General Company for Exhibitions and Commercial Services in the Ministry, Mustafa Al-Ani, told the Iraqi News Agency (INA): “Under the patronage of Prime Minister Muhammad Shia’ Al-Sudani, the 47th edition of the Baghdad International Fair will be opened in a few days and under the supervision and follow-up of the Minister of Commerce, Atheer Al-Ghurairi, after... Completing the required preparations in the exhibition’s pavilions and corridors.”

He explained, "This session will be different from the previous one, as 20 countries and more than 800 international and local companies will participate in it," noting that "this economic forum will have important repercussions on the economic reality in all aspects."

He added, "The Kingdom of Saudi Arabia participated with more than 140 companies, in addition to the fact that this session will include the participation of companies from countries that have not previously participated in Baghdad, such as the Czech Republic, Azerbaijan, and other countries," pointing out that "the number of reserved halls reached 17 halls, in addition to... The total rented space reached 20,000 square meters of indoor space and 4,000 square meters of outdoor space.”

He added, "The exhibition halls are completely exhausted with local and international participation, and this is happening for the first time since 2003," noting that "state institutions are present in this session, such as the Ministries of Industry, Health, Communications, Science and Technology, as well as the Ministry of Commerce."

He continued, "Guests from countries at the level of ministers and ambassadors, senior officials in the Iraqi state, and senior businessmen and industrial sectors will be present at this session."

He stressed, "The international session of the Baghdad Exhibition comes within the framework of the government's interest in Iraq's openness to the countries of the world and the region, as this forum will constitute an important reflection in Iraq's economic and industrial reality and is an opportunity to exchange experiences and meet the market's need for goods, services and expertise offered by international and local companies."   LINK

"RV UPDATE" BY SANDY INGRAM, 6 JAN

  Sandy Ingram  

 What would it take for the Iraqi dinar to strengthen against the US dollar The answer lies in economic development and stability.  The Development road project...aims to boost Iraq's GDP by improving infrastructure, fostering foreign investment and stimulating economic growth... With the right steps and sustained growth the dinar's narrative can only get stronger.

 The Iraqi dinar is not on the Forex market, yet.  The Iraqi dinar is an exotic currency, as is the Vietnam dong... Currencies are traded in pairs on the Forex Market.  The 3 main types... majors, minors and exotics...The more liquid an asset the easier and more efficient it is to turn it back into cash.  Major currency pairs have the highest trading volume... Exotic currencies...are not traded that often.  There is little technical analysis or data available to support trading decisions for exotic currencies...

Iraq's Dinar✅ A Tale of Two Currencies (Re-denomination & Reinstatement)...

Boosted by Iraq... OPEC production increased last December, 6 JAN

 Boosted by Iraq... OPEC production increased last December

Shafaq News / OPEC oil output rose in December, a Reuters survey found on Friday, as increases in Iraq, Angola and Nigeria offset ongoing cuts by Saudi Arabia and other members of the wider OPEC+ alliance to support the market.

The Organization of the Petroleum Exporting Countries pumped 27.88 million barrels per day (bpd) last month, the survey found, up 70,000 bpd from November. Output is down more than 1 million bpd from the same month a year ago.


The boost comes ahead of further OPEC+ cuts in 2024 and Angola's exit from OPEC, which are set to lower January output and market share. OPEC's market share has already been falling due to output restraint and the departure of some members.

In December, the biggest increases of 60,000 bpd came from Iraq and Angola, which both boosted exports, the survey found.


Nigeria also shipped more crude abroad without, as yet, beginning oil products output at its new Dangote refinery.

he Reuters survey, which aims to track supply to the market, is based on shipping data provided by external sources, Refinitiv Eikon flows data, information from companies that track flows such as Petro-Logistics and Kpler and information provided by sources at oil companies, OPEC and consultants.

(Reuters)


https://shafaq.com/en/Economy/Boosted-by-Iraq-OPEC-production-increased-last-December


"SAINT GERMAIN TRUST" BY BEARDED PATRIOT, 6 JAN

 Bearded PatriotUSA

Telegram post
1/5/23

Forwarded from Texas PureBlood:

The Saint Germain Trust kicked of on Christmas day. After New Year they were able to move forward with events tied to the prosperity programs. They did announce the USN publicly to select channels on Starlink. They did not want people to see it because they are not ready to educate people. It was announced through back channels. That announcement made it legal. And then they could go forward. 

Now they are ready to go forward with a totally public announcement. One of delays we had recently was that NATO tried to take over the RV. The World Court is an arbitrary between the countries an they are doing a lot of legal work to make sure everything is in line with common law. So thats a big deal that people just don’t understand. Chance: We are only going to get one shot at this. All T’s crossed and I’s dotted. He will be smiling ear to ear when he finds out that all these BAR attorneys are dealt with. They are using the Admiralty court and it’s criminals as a weapon. Teresa: Really big meeting this week to go forward. Nothing left to do— Just refining that common law part. They, bankers and all, feel it (RV) is within a week of time now. It’s about to happen. Teresa: They did cut all the power in NYC – 62k without power.

https://t.me/Bearded_PatriotsUSA/11301

Iraqi Dinar✅ No Forex Windfall for Iraqi 3-Zero Notes-Iraqi Dinar News T...

The Prime Minister takes the first official step regarding the American presence in the country, 6 JAN

  The Prime Minister takes the first official step regarding the American presence in the country, 6 JAN

Prime Minister Muhammad Shiaa Al-Sudani announced the formation of a bilateral committee to schedule the withdrawal of international coalition forces from Iraq.
Al-Sudani clarified on Friday that no party has the right to infringe on Iraq’s sovereignty.


Iraq escalated its official and political positions against the international coalition and American forces in the country, after the attack that yesterday, Thursday, targeted the headquarters of the Nujaba Movement in Baghdad, and resulted in the killing of the faction’s special operations commander, whom Washington accuses of carrying out attacks against military bases in Iraq and Syria.


Demands to end the American military presence in Iraq were strengthened, as the Armed Forces spokesman, Major General Yahya Rasoul, said in a rare description that the attack was an attack similar to terrorist acts, and held the international coalition responsible for the strike.
It is known that America deployed 2,500 soldiers in Iraq and about 900 in Syria within the framework of the so-called international coalition to combat ISIS, the formation of which was announced in 2014

burathanews.com

NADER FROM MID EAST CC HIGHLIGHTS NOTES, 23 NOV

 NADER FROM MID EAST CC HIGHLIGHTS NOTES Summary Iraq’s monetary policy aims to stabilize the dinar against the dollar to reduce exchange ra...