Tuesday, January 9, 2024

BRICS Expansion: 30 New Member Nations Says Vladimir Putin BY AWAKE-IN-3D, 9 JAN

 BRICS Expansion: 30 New Member Nations Says Vladimir Putin

On January 7, 2024
By Awake-In-3D

The BRICS bloc, powered by Russia, is making significant strides in 2024, spearheading BRICS Expansion with the inclusion of five new full members.

President Vladimir Putin announced the induction of Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates, marking a powerful shift in the association’s standing in international affairs.

Growing Authority and Support

Putin emphasized the growing authority of BRICS, stating that the inclusion of new members signals the association’s increasing influence in the ongoing BRICS Expansion.

He highlighted the principles shared by member nations, such as sovereign equality, openness, consensus, and a commitment to forming a fair global financial and trading system.

Rapid Expansion and Future Prospects

With the recent additions, BRICS now stands as a 10-nation body, showcasing its appeal to countries sharing its principles in the midst of BRICS Expansion.

Putin mentioned that approximately 30 more countries are prepared to join the multi-dimensional agenda of BRICS, prompting discussions on a new category of BRICS partner countries.

Russian Presidency Priorities

Under Russia’s 2024 BRICS chairmanship, the focus will be on strengthening the role of BRICS in the international monetary system.

Putin outlined key areas of concentration, including expanding inter-bank cooperation and increasing the use of national currencies in mutual trade, aligning with the theme of BRICS Expansion.Towards Equitable Global Developmen t


Putin’s vision for the Russian presidency revolves around strengthening multi-lateralism for equitable global development and security during this era of BRICS Expansion.

The priorities include enhancing foreign policy coordination among member countries, addressing challenges to international and regional security, and fostering cooperation in science, technology, healthcare, environmental protection, culture, and sports.

Roadmap for Collaboration

Putin affirmed Russia’s commitment to promoting all aspects of BRICS partnership in politics and security, economy and finance, and cultural and humanitarian contacts amid the ongoing BRICS Expansion.

Over 200 events across various levels and types are planned, culminating in the BRICS Summit in Kazan in October.

Strategic Economic Goals

The Russian presidency will actively contribute to the practical implementation of the strategy for BRICS economic partnership 2025 and the action plan for innovation cooperation 2021-2024, with a specific focus on ensuring energy and food security within the context of BRICS Expansion.

In a rapidly changing global landscape, BRICS is positioning itself as a formidable force for positive and constructive cooperation, embracing new members, and pursuing a vision of a fair and sustainable global financial system amid the ongoing BRICS Expansion.

Supporting article: https://www.rediff.com/news/report/brics-doubles-in-size-with-5-new-members-putin-hints-at-further-expansion/20240103.htm

FRANK26….1-8-24…….BEING BORN

Pentagon denies plans to withdraw troops from Iraq, 9 JAN

Pentagon denies plans to withdraw troops from Iraq

Shafaq News/ The Pentagon announced on Monday that the United States does not intend to pull out its troops from Iraq, despite last week’s announcement by Baghdad about starting a process of removing the U.S.-led military Coalition in the country.

There are about 2,500 US troops currently in Iraq.

Maj. Gen Patrick S Ryder, the U.S. Department of Defense Press Secretary, said, “Right now I don’t know anything regarding such particular plans. Our main focus is still on defeating ISIS mission.”

Ryder pointed out that Iraq did not send any official request to the United States regarding a decision to withdraw the U.S. troops.

Tension escalated between Baghdad and Washington after recent U.S. attacks on Popular Mobilization Forces headquarters, leading to The death of PMF officials, including the leader of the Al-Nujaba Movement, Abu Taqwa.

The Iraqi government blasted the incidents, saying that they breached the U.S.-Iraq understanding and the main mission of the Global Coalition.

Several Iraqi politicians, especially Shiite leaders, have repeated demands to implement a decision by the parliament of Iraq regarding the withdrawal of all foreign forces from the country.

It is noteworthy that the US-led Coalition is present in Iraq upon the request of the Iraqi authorities for training and advisory tasks.


https://shafaq.com/en/Iraq-News/Pentagon-denies-plans-to-withdraw-troops-from-Iraq


"RV UPDATE" BY CLARE, 9 JAN

 Clare 

 Article:   "An Iraqi delegation heads to Washington within days, followed by a visit to Sudan"  Quote:   "Iraqi delegation will head to Washington within days, followed by a visit by Prime Minister Muhammad Shiaa Al-Sudani."

 Article: "Selling an Iraqi currency dating back to the era of “King Ghazi” for 100 thousand pounds sterling"  Quote:  "A very rare Iraqi currency dating back to the royal era was sold in the country, today, Monday, at a fantastic price of 100,000 pounds sterling, or approximately 187 million Iraqi dinars."

 Article: "Expectations that the decline in dollar prices will bring benefits to the Iraqi individual "  Quote:  "In order to reduce the price of the dollar in the local market, the Central Bank of Iraq specified, yesterday, Sunday, the entities covered by receiving their external transfers in cash in the dollar currency, starting from January 2, 2024."

 Article:  "A financial expert points out the reasons for the continuous decline in the dollar exchange rate"   Quote:  "On Monday, financial expert Nabil Al-Ali attributed the continued decline in the exchange rate of the US dollar towards the Iraqi dinar to...the change in the attitudes of merchants and public opinion through their conviction of the strength and status of the dinar...The dollar exchange rates against the Iraqi dinar will continue to decline, thus touching the official rate specified by the Central Bank."

Article: "The Iraqi Dinar Overthrows The Dollar And Wins The Struggle To Control The Regular Market  Quote  “The US Treasury continues its cooperation with the Central Bank of Iraq,as many Iraqi banks have now formed relationships with  international banks for the first time.”   

  Article:  " CBI Governor: Int'l welcome to the Iraqi banking sector’s commitment to compliance rules "  Quote:  " For the first time, Iraq is witnessing the reorganization of the external transfer process through correspondent banks, instead of the Central Bank or the Federal Bank being the executive interface for this process.”

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-clare-23-dec_01992421810.html


  Article:  "CBI Governor: Int'l welcome to the Iraqi banking sector’s commitment to compliance rules"  Quote:  "For the first time, Iraq is witnessing the reorganization of the external transfer process through correspondent banks, instead of the Central Bank or the Federal Bank being the executive interface for this process.”

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-clare-23-dec_01992421810.html

Vietnam Dong 🔥 Vietnam Dong rate update against USA dollar 🔥 Dong rate s...

Economist: Iraq Needs 4 Million Electronic Payment Devices, And What The Government Provided Does Not Exceed 25 Thousand Devices, 9 JAN

 Economist: Iraq Needs 4 Million Electronic Payment Devices, And What The Government Provided Does Not Exceed 25 Thousand Devices

The economic expert, Mustafa Hantoush, described the government’s steps to provide electronic payment devices as successful, indicating that the number is small and needs encouraging measures, especially for shop owners.

The Iraqi government had set June 1, 2023, as the date to activate the electronic payment process “because of its high level of protection and security, its shortening of time and effort, and its contribution to revitalizing the economy,” according to the directives of Prime Minister Muhammad Shiaa Al-Sudani.

The directive stated that the Iraqi Council of Ministers approved the recommendation of the Council of Ministers for the Economy to activate the electronic payment service in the public and private sectors, including obligating all centers and shops of all kinds, restaurants, pharmacies, private medical clinics, warehouses, and all wholesale and retail marketing outlets and licensed services that require payment in their favor within the limits of the Baghdad Municipality.

And the centers of governorates and districts throughout Iraq, opening bank accounts and providing point-of-sale devices for electronic payment ( POS ) to pay by bank cards to collect money and to enable those who wish to pay with cards, while maintaining cash receipts side by side, with linking the renewal of work licenses and granting vacations. Practicing the profession through the availability of these devices.

Hantoush said in a press interview seen by “Taqaddam” that “the government has succeeded in providing POS devices currently deployed, numbering 23 thousand devices,” pointing out that “the number is very small, and we need approximately 1 million devices for this service to be available in every street.” If they are provided to all shops, we will need approximately 3 to 4 million devices throughout Iraq.”

He added, “We must give licenses to new companies that work to provide devices and cards, and there must be strategies to win over shop owners, and provide them with accounts that can be converted into dollars and operations,” pointing out “the necessity of giving the citizen free service for a period of no less than six months to a year, and There should be interest on savings that remain for a specific period.”

The economic expert called for “using a pricing policy in this process,” noting that “the government has taken a significant set of measures that require more seriousness in order to spread this very important culture that serves the state.”    https://takadum-news.com/archives/198446#hathalyoum

"RV UPDATE" BY MNT GOAT, 9 JAN

 MNT GOAT

Personally I believe we will not get out of January without seeing the project to delete the zeros and my CBI contact on my Wednesday call to Iraq gave me assurances that this could be the case. Keep our fingers crossed nothing else interferes in the process.

So, recently we read articles from Iraq about attacks on US bases in Iraqw by the Popular Mobilization Forces, which is really the Iranian kud forces militia that never left Iraq after the ISIS crisis. I told everyone way back in 2014 that if Iraq lets them in the country to help fight ISIS they will sink their teeth in Iraq and won’t want t leave. Iran needs the US forces to leave Iraq and as we witnessed in 2011 under president Obama that this may not be such a good idea. Who will fill the void. The plan is for the Popular Mobilization Forces to fill the void. My only hope is that we can see the Reinstatement much sooner than later and if this get out of control we will already be out of this investment.

I also asked my contact on Wednesday what was really holding up the Oil and Gas law. What I was told is that the government is attempting to get off the petro-dollar and accept the foreign currencies of the country purchasing the oil. They want to build this into the law. Can you see now why this is taking so long and why it is getting opposed by the US?

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/