Wednesday, January 24, 2024

Foreign Minister: Iraq seeks to take its natural position in the region and the world, 24 JAN

 Foreign Minister: Iraq seeks to take its natural position in the region and the world

Foreign Minister Fuad Hussein, on Tuesday, confirmed Iraq’s quest to take its natural position in the region and the world, while referring to Iraq’s firm position on the Palestinian issue.

In a statement received by Mawazine News, the ministry said that “Deputy Prime Minister and Foreign Minister Fuad Hussein gave a lecture at the International Diplomatic Academy in Vienna entitled (Middle East 2024.. Challenges and Opportunities),” in the presence of the President of the Academy, Emile Brix, a number of diplomatic and political figures, Iraqi students studying in Vienna, and a number of researchers in Middle East affairs.”
He pointed out to “the development of the democratic process in Iraq and the recent elections of local councils, and Iraq’s endeavor to occupy its natural position in the region and the international community,” pointing out that “Iraq’s position is fixed on the Palestinian issue, which emphasizes the need to stop this war, which began to expand and threaten the entire region, which will not be in the interest of any regional or international party. The wars were never a solution, so this war must be controlled and stopped as soon as possible.”
In another axis, he pointed to “the economic situation and plans to build a diversified economy that does not depend on the rentier economy by creating different industries, returning the agricultural sector and producing gas to rely on Iraqi competencies and manpower in electricity production and investment in infrastructure.”

https://mawazin.net/Details.aspx?jimare=240894

"RV UPDATE" BY MNT GOAT, 24 JAN

 


iraqi dinar✅Iraqi Dinar New Exchange Rate Today 2024 / Iraqi Dinar Today...

Romasinki impressed by Iraqi bank accounts: up 31% in a year, 24 JAN

  Romasinki impressed by Iraqi bank accounts: up 31% in a year

Shafaq News / US Ambassador to Baghdad Elena Romanski said on Tuesday that she was fascinated by the rise of Iraqis’ bank accounts.

In a tweet on X, she said that the data of the Central Bank of Iraq indicate that the total deposits held by Iraqi commercial banks increased by about 37% over the past two years.

From 2021 to 2022, the total number of people with a bank account in local banks increased by 31%, she added, stressing that it was “an impressive progress.”

“By working with Iraq on reforms, we contribute to building confidence in the banking sector,” she continued, considering that “modern banking services enable to promote greater foreign investment and protect funds from financial crimes, theft and loss.”

https://www.shafaq.com/ar/اقتصـاد/روماسنكي-منبهرة-بحسابات-العراقيين-المصرفية-ارتفعت-31-خلال-عام

"RV UPDATE" BY FNU LNU, 24 JAN

 Fnu Lnu  

 Article:  "The Central Bank of Iraq announced the approval from the US Federal Reserve to supply dollar cash in 2024, as part of efforts to stabilize the Iraqi economy and its currency." 

 Quote: "The decision came after officials from the Central Bank of  Iraq held a meeting with representatives from the Fed and the US Treasury in Dubai. "  As of  last Thursday, the official market recorded an exchange rate of 1,296 dinars per dollar.  It appears the UST is helping Iraq to stabilize.

 The Dubai meetings concluded with praise for the bank's strategies in reducing dollar transactions in the local market.  Iraq could end the parallel market activity by simply revaluing the Dinar above one USD and the black market activity would come to a screeching halt.  

So why haven’t theyAre they stalling for some reason?

Iraqi Dinar✅ Iraq Prepares for Big Dinar Move-Iraqi Dinar News Today 202...

Digital Center calls for legislation of ‘information technology’ law to protect electronic payment, 24 JAN

 Digital Center calls for legislation of ‘information technology’ law to protect electronic payment

Shafaq News / The Iraqi Digital Media Center (DMC) saw, on Tuesday, that the development in the country in the field of using electronic payment in financial transactions is proceeding at a rapid pace and in a steady hierarchy.

The center indicated, in a statement reported to Shafaq News, that this development in the technical field, which is happening for the first time in Iraq, requires the legislative institution represented by the Iraqi Council of Representatives, to pay attention to digital legislation to protect citizens from any violation or violation of financial data and the privacy of users.

For this reason, the Center emphasizes, according to the statement, to speed up the adoption of the law on combating information technology crimes; for the necessary need for it at this time in cooperation with specialized organizations in this field, taking into account the importance of not compromising freedom of expression of opinion as one of the constitutional guarantees.

The Digital Media Center shows that Iraq is long late in approving digital laws related to protecting users from crimes committed in the virtual world, stressing the need for the texts of the law to include a new and modern vision to address information technology crimes.

https://www.shafaq.com/ar/اقتصـاد/مركز-رقمي-يدعو-لتشريع-قانون-تقنية-المعلومات-لحماية-الدفع-ال-لكتروني


Coffee with MarkZ. 11/29/2024

Coffee with MarkZ and Mr. Cottrell  11/29/2024 MarkZ  Update- Some highlights by PDK-Not verbatim MarkZ Disclaimer: Please consider everythi...