Wednesday, January 10, 2024

Al-Sudani: We want a quick exit of the international coalition, and its presence is destabilizing for the region, 10 JAN

   Al-Sudani: We want a quick exit of the international coalition, and its presence is destabilizing for the region

Prime Minister Muhammad Shiaa al-Sudani announced that Iraq wants a quick and orderly exit of the US-led military forces from its territory through negotiation, but he did not set a final date.

In a statement to Reuters, Al-Sudani described the presence of these forces as “destabilizing in light of the regional repercussions of the Gaza war.”

Al-Sudani said that there is a need to reorganize this relationship so that it is not a goal or justification for any party, whether internal or external, to tamper with stability in Iraq and the region.

He added that the exit of these forces must take place through negotiation.   link

"RV UPDATE" BY MARKZ, 10 JAN

 MarkZ 

  [via PDK] 

  “Getting Vietnam off the money laundering Gray list”   …the UK seems worried that someone may filter money through Vietnam. And artificially lower their rates to take advantage of trade imbalances. Europe and the US believe Vietnam should have a higher currency rate. What does this tell you?  That your investment with Vietnamese currency should be worth more money than it is.  Comment:  I heard the dong may rv at .47 cents?   MarkZ:  .47 cents would be fantastic…but, I think it will be more than that... I am still hearing the low $2 range…and bankers think it’s higher than that.

 There are a lot of folks looking squarely at today through the 14th-15th...we are very much sitting at the edge of our seats…again...I do feel like we are close to it being over.

Article:  “Iran backs Iraqi call to end presence of US led forces”  Many around the world are pushing this…it is one of the key pieces for us…the removal date appears to be imminent... Flash back to an interview that Donald Trump did…he said to get us out-we will be gone as soon as they pay us. It looks like we are leaving…so what does that tell you?

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The regional government discusses the results of the talks of the Kurdish delegation in Baghdad, 10 JAN

The regional government discusses the results of the talks of the Kurdish delegation in Baghdad

Mawazine News – Baghdad
The Kurdistan Regional Council of Ministers will meet on Wednesday, chaired by Prime Minister Masroor Barzani, to discuss the political situation and the results of negotiations in Baghdad.
“In the first part of its meeting, the Council will discuss the results of the visit of the delegation of the Kurdistan Government headed by the Minister of Finance and Economy to discuss the salaries of employees of the Kurdistan Regional Government and the amendment of the General Law of the Federal Budget,” a source familiar with the matter said in an interview with Mawazine News.
He added, “The meeting will discuss the resumption of the export of oil from the Kurdistan region and the cost of its production and transportation, and the review of projects and proposals submitted by the Kurdistan Regional Government to the Federal Government.”
He pointed out that “the Council will discuss, in another part of its meeting, the follow-up of the procedures of the concerned ministries on the implementation of a previous decision of the Council of Ministers No. (222) dated 7/6/2023, on the identification of prohibited public roads and the removal of abuses on roads and public places.”

https://mawazin.net/Details.aspx?jimare=240158

"RV UPDATE" BY GOLDILOCKS, 10 JAN

 Russia and Iran step up de-dollarization drive with pact to shun the greenback in bilateral trade, report says


Russia and Iran have reportedly agreed to avoid the dollar in bilateral trade and use their own currencies instead.

The move is seen as part of the de-dollarization trend among nations to shift away from using the greenback in trade and investment.

Russia and Iran, both facing US economic sanctions, have been stepping up their cooperation.

Russia and Iran have entered into an agreement to avoid using the dollar in bilateral trade, relying instead on their own currencies, a new report says.

Business Insider Link

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Several states are beginning to construct gold and silver depositories across the United States.

This growing option for holding your money in precious Metals and utilizing it through the use of a debit card of some type is a growing trend that is rapidly progressing.

“Oklahoma Bill seeks to create gold and silver depository | KFOR.comOklahoma City”

© Goldilocks

https://kfor.com/news/local/oklahoma-bill-seeks-to-create-gold-and-silver-depository/

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The Sudanese Advisor Details The Types Of Loans.. What About The Repayment Mechanism?, 10 JAN

 The Sudanese Advisor Details The Types Of Loans.. What About The Repayment Mechanism?

Economy News – Baghdad Today, Tuesday, the financial advisor to the Prime Minister, Mazhar Muhammad Saleh, revealed the types of loans granted to citizens and companies, while explaining the repayment mechanism for each loan.

 Saleh told the official agency, followed by Al-Eqtisad News, that “a loan is an amount of money borrowed by an individual or company from banks or financial institutions, in order to manage planned events financially, and thus the borrower bears a debt and must repay it with interest within a certain period of time.”.  He pointed out that "banking applications appear within the scope of granting loans.

The subject of the so-called (term loan) is a cash loan that is usually repaid in regular payments over a specific period of time.

Loans usually last between one and ten years, but they may continue for a period of time." Up to 30 years in some countries. He added, "The term loan usually includes an unfixed interest rate (also known as floating), which may add an additional balance to be repaid," noting that  

"economic life includes financial deficit units willing to invest that borrow from surplus units, who are the depositors in return." Interest paid by the borrower to finance an investment project or a specific economic activity in the fields of housing, industry, trade, agriculture, or services.

This is what is called bank credit, which is the essence of the banking process.

https://economy-news.net/content.php?id=39267