Tuesday, January 30, 2024

The American withdrawal from Iraq…fact or illusion?, 31 JAN

The American withdrawal from Iraq…fact or illusion?

Samir Daoud Hanoush
In every conversation about a dialogue between Iraq and America, that dialogue provided examples of the manipulation of words and terminology in the use of deceptive rhetoric that carried ambiguous messages and fragmented concepts among the tools of war of minds and hearts.

At a time when the Iraqi Foreign Ministry announced the agreement with the American side to form a committee to begin talks on the future of the American-led military coalition in Iraq to coordinate on a timetable for the gradual withdrawal of forces and end the mission of the international coalition, the statement of US Secretary of Defense Lloyd J. Austin regarding the work of the working group meetings was The US-Iraqi Supreme Military Committee indicates the continuation of security and military cooperation through a sustainable bilateral security partnership between the United States and Iraq without indicating a withdrawal of American forces, which means the continuation of American influence in Iraq and leads to the inevitable result of postponing the withdrawal or at least calming the situation in the region until The completion of the American elections scheduled to be held in November of this year, which is a gain at a time when America is betting on it to resolve the problems of its elections or the Gaza war.

Despite the seriousness of the government of Muhammad Shiaa Al-Sudani in drawing a road map to regulate the relationship between the two sides and the Iraqi desire for American withdrawal, it is still a long way off and it is hard work. It is too early to reveal the next steps now, according to Fadi Al-Shammari, Al-Sudani’s political advisor, confirming, adding that the decision will not be a patchwork solution. According to his description.

The American statement indicated that “American military personnel are in Iraq at the invitation of the Iraqi government as part of the Operation Inherent Resolve mission to advise, assist and empower Iraqi security forces in their ongoing fight against ISIS.”

The model of the American statement in which he addressed public opinion considered that the beginning of the Military Committee (HMC) process reflects the development of the bilateral relationship between the United States and Iraq under the Strategic Framework Agreement, which means that the decision does not necessarily include withdrawal from Iraq, but rather leads to achieving a sustainable security relationship and paints a new picture. This relationship is the opposite of what some Iraqis who dream of the occupation forces leaving their country imagine.

The committee’s work, which will begin in the coming days to implement the commitment that the two parties signed during the Joint Security Cooperation Dialogue between the United States and Iraq (JSCD), which was held from (7-8) August 2023 in Washington, D.C., depends on three factors, namely the threat posed by ISIS. And the operational and situational requirements and capacity levels of the Iraqi security forces. Working groups of military experts will study these three factors and provide advice to the Supreme Military Committee (HMC) to ensure that ISIS cannot re-emerge .

It is known that the United States deploys approximately 2,500 military personnel in Iraq to provide advice and support to the Iraqi armed forces to prevent the return of terrorist organizations.

The Washington Post quoted Pentagon spokeswoman Sabrina Singh as denying that the Iraqi-American Supreme Military Committee talks announced by the Iraqi Foreign Ministry and the US Department of Defense were related to the withdrawal of American forces from Iraq.

Singh notes that the issue is whether Iraq is prepared to succeed in defending its own security and sovereignty and how the United States can support Iraq in doing so.

According to the newspaper, talks between Baghdad and Washington on the issue of presence were ongoing even before the attack launched by Hamas on Israel on October 7, 2023, which exacerbated the tension between the American forces and the armed factions, while stressing that they are not negotiations for withdrawal.

It was noteworthy, at a time when Iraq was actively starting its dialogue on the future of the military alliance, that the American embassy in Baghdad significantly reduced its staff in conjunction with the Gaza war, which led to the suspension of the issuance of visas to ordinary citizens, as they are currently granted only to high-level government delegations, according to a diplomatic source. With US President Joe Biden intending to nominate Ambassador Tracy Ann Jacobson to the position of Ambassador Extraordinary and Plenipotentiary of the United States to the Republic of Iraq, instead of Ambassador Elena Romanowski.

The factor of time and procrastination is what Washington is betting on to alleviate the volume of attacks that have begun to increase on its bases in Iraq and to calm the situation, even if only temporarily, until Biden’s chances of winning a second term or leaving the White House are revealed. This is a summary of what is going on in the story of the American withdrawal.

almaalomah.me

"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 31 JAN

 Frank26  

 [Iraq boots-on-the-ground report] 

 FIREFLY:  Sudani says Iraq is on the verge of transformation process. 

 FRANK:  Transforming from a program rate to a sovereign national rate...Everyday Sudani is pointing in the direction of your new exchange rate or your new national currency.  Everyday he tells you there's a transaction, yeah from a program rate to an international rate. 

 FIREFLY:  Saying 9 Iraqi officials arrested for extreme wealth from corruption. FRANK:  Sudani is going all out...this is amazing...You're busted!

FIREFLY:  Sudani is on TV saying Iraq is on the verge of a transformation process. 

 FRANK:  Every day Sudani is joining in the direction of your new exchange rate and your new national currency.  He tells you there's a new direction occurring, yeah, from a program rate to an international rate.

FIREFLY:  Television is showing Parliament Finance committee saying we are close to closing the parallel market and solving the dollar exchange rate.  FRANK:  How many ways can they tell them?

 FIREFLY:  Channel One TV is saying we just overtook and stopped the most dangerous and most corrupt organization that has ever stolen dinars.  They stole over 1 trillion dinar...individuals arrested and groups have been stopped. 

 FRANK:  The money was recovered...This is the phase of the monetary reform right now, to recover this type of money, to be in position to float internationally...

   FIREFLY:  TV showing the meeting in Davos with CBI governor, IMF, World Bank and Sudani have shortened the time on financial and banking reform.  They're saying it's a shorter time expected now to complete the reforms .  

FRANK:  He is telling you they are very very close to giving you the new exchange rate with the lower denoms ...What happened at Davos put the monetary reform on light speed.

FIREFLY:   On the economic news an economic specialist is saying Iraq needs to use a basket of currencies to add value to the dinar against the dollar.  

 FRANK:  Sudani sends out another expert in the financial field that you know and trust...Exactly what we've been telling you.  This is the next phase IOO... This is the most powerful part of the monetary reform education to you as an Iraqi citizen...The basket of currencies is required in order to add value to the Iraqi dinar.

 They will never talk to you about something that needs to be done.  They will talk to you about it after it is done.  That is what is called the float and that is what is going to take you back to your RI.  Your currency rate has to be reinstated back to $3.22 but that's the international side of Iraq...

The goal of the CBI is to reach the Real Effective Exchange Rate.  In doing so it adds value to you even thought it's 1 to 1 in country...It will stay at 1 to 1 to the American dollar in Iraq but you will finally have your purchasing power that you have long waited for.

https://dinarevaluation.blogspot.com/2024/01/iraq-boots-on-ground-report-by-firefly_0959338502.html

 FIREFLY:  Channel One TV is saying we just overtook and stopped the most dangerous and most corrupt organization that has ever stolen dinars.  They stole over 1 trillion dinar...individuals arrested and groups have been stopped. 

 FRANK:  The money was recovered...This is the phase of the monetary reform right now, to recover this type of money, to be in position to float internationally...

   FIREFLY:  TV showing the meeting in Davos with CBI governor, IMF, World Bank and Sudani have shortened the time on financial and banking reform.  They're saying it's a shorter time expected now to complete the reforms.  

FRANK:  He is telling you they are very very close to giving you the new exchange rate with the lower denoms...What happened at Davos put the monetary reform on light speed.

FIREFLY:   On the economic news an economic specialist is saying Iraq needs to use a basket of currencies to add value to the dinar against the dollar.  

 FRANK:  Sudani sends out another expert in the financial field that you know and trust...Exactly what we've been telling you.  This is the next phase IOO... This is the most powerful part of the monetary reform education to you as an Iraqi citizen...The basket of currencies is required in order to add value to the Iraqi dinar.

 They will never talk to you about something that needs to be done.  They will talk to you about it after it is done.  That is what is called the float and that is what is going to take you back to your RI.  Your currency rate has to be reinstated back to $3.22 but that's the international side of Iraq...

The goal of the CBI is to reach the Real Effective Exchange Rate.  In doing so it adds value to you even thought it's 1 to 1 in country...It will stay at 1 to 1 to the American dollar in Iraq but you will finally have your purchasing power that you have long waited for.

https://dinarevaluation.blogspot.com/2024/01/iraq-boots-on-ground-report-by-firefly_0959338502.html

iraqi dinar✅Iraq Surprised Announced About IQD Today 2024 / Iraqi Dinar ...

Saleh Reveals The Reason For The Limited Rise And Fluctuation Of The Dollar Exchange Rate Recently, 31 JAN

 Saleh Reveals The Reason For The Limited Rise And Fluctuation Of The Dollar Exchange Rate Recently, 31 JAN

Time: 01/30/2024 08:14:41 Read: 1,638 times  {Economic: Al-Furat News} The Prime Minister’s Advisor for Financial and Economic Affairs, Mazhar Muhammad Saleh, revealed the limited rise and fluctuation of the dollar’s ​​exchange rates recently.

Saleh said in a press statement, “The issue is related to regional security tensions, which provide colored or ambiguous information that affects the decisions of speculators in the secondary exchange market when buying and selling, which prompts them to hedge with a point or two above the current market transaction prices or trading prices in such cases.” People are used to it."

He explained that it is “behavior practiced by speculative forces to achieve emergency or estimated profits under the pretext of misfortune and fear, because the decisions of this market are based on various information as inputs that influence the decisions of those dealing in it. Therefore, these markets are considered among the most sensitive financial markets and live in their daily speculation on news, rumors, and conflicting information.” To determine prices, which is a cost that disappears when the influencer disappears.   LINK

"RV UPDATE" BY PIMPY, 30 JAN

 Pimpy

  Changing the exchange rate has a huge impact on inflation, imports and exports.  I think Iraq can easily go up in increments.  This will allow them to really monitor the inflation.  This will also increase the quality of life for the Iraqi people.

People are getting confused…When they delete the zeros, they’ll change the currency.  It’s not the exchange rate.  

That’s where the confusion is…If I have a 25000 dinar and I delete the zeros, now I have a new currency that comes out…They have the same value.   The nominal value is a number...25000…the new one says 25, but the exchange rate between these two currencies stays the same - 1 to 1.   What they’re saying is the 25000 dinar has an equal value of the 25 dinar.  That goes on for a little time until people trade in all the notes.  They’re not talking about against other currencies.

Iraqi dinar going strong after that 🔥 Iraqi dinar Revaluation Final steps

Empowering the Iraqi Economy: Growth Through Strategic Investments and Banking Excellence, 30 JAN

 Empowering the Iraqi Economy: Growth Through Strategic Investments and Banking Excellence

Economy News – Baghdad

Cihan University – Duhok held the “Third Annual Economic Forum”, in the presence of Zerfan Abdul Mohsen Asaad, President of the University, and a number of experts, economists, bank managers and academic figures.

The forum was held on the hall of the Research Center, under the theme “Empowering the Iraqi Economy: Growth through Strategic Investments and Banking Excellence.”

The first session began at 11 a.m., which lasted for two hours, was administered by Ahmed Al-Saffar, an academic and a member of the former Iraqi parliament.

The first speaker was Abdul Hussein Al-Anbaki, head of the Economic Advisory Office of the Iraqi Prime Minister, who began his talk about the challenges facing development in Iraq.

Al-Anbaki stressed “the need to address the structural imbalances in the economy, noting that the goals associated with Article (25), which aims to reform the economy through the diversification of sources and support for the private sector have not been achieved.”

Al-Anbaki referred to “the history of the Reconstruction Council and the impact of changes in its allocations on its effectiveness,” proposing the establishment of an independent popular development fund to finance government and private projects with soft loans. He concluded with recommendations for pre-economic administrative reform, a review of the management of oil revenues, the amendment of the exchange rate of the Iraqi dinar, the cancellation of the currency auction, and the legislation of the Public-Private Partnership Law.”

The second speaker, Haval Siddiq Ismail, representative of the Minister of Investment of the Kurdistan Region, and Director General of the Investment Authority in Duhok, who “provided a comprehensive analysis of the investment situation in the region. Provide details of investment projects and sectors that are successful in attracting investment, focusing on challenges, opportunities and government policies that encourage investors. Dr. Hval also highlighted regulatory and bureaucratic hurdles, and provided a realistic assessment of potential difficulties and opportunities. In the end, he provided details about the potential opportunities and government policies pursued by the KRG to facilitate a thriving investment environment.”

The second session began at 1 p.m. and also lasted for two hours, where it was managed by Nawar Al-Saadi, a professor of international economics and director of the research center at Ceyhan University.

The second session began with the speech of Mohammed Al-Najjar, Advisor to the Iraqi Prime Minister for Investment, and Executive Director of the Iraq Fund for Development.

In his speech, Al-Najjar highlighted “the Iraq Fund for Development, which was newly established as an independent body under the Prime Minister. Al-Najjar spoke about the Fund’s role in promoting change and diversification of the Iraqi economy. The fund aims to attract domestic and international investors to participate in the implementation of various projects.”

One notable example discussed by Al-Najjar was “the ongoing project to build 1,950 schools across Iraq. These projects will be delivered to private sector investors and to the Iraqi investor exclusively, with guarantees such as the return of capital after five years. This approach not only encourages domestic investment, but also ensures the effective participation of the private sector in the reconstruction process of Iraq.”

The fund’s strategy focuses on “different stages of investors, from domestic to foreign investors. Emphasizes the involvement of local stakeholders to promote local ownership in development projects, with a focus on delivering projects to the private sector to ensure a return on capital after a certain period.”

Regarding the second speaker, Ahmed Tabaqli, Chief Strategist at the Iraq Fund at the Aswa Development Fund,

He talked about “strategies to attract investments to the Iraq Stock Exchange. Which featured the market a strong performance, with the AFC fund up 110.4% in 2023, making it one of the best in the world.”

Tabaqli explained this performance “by developing new measures by the Central Bank of Iraq, which has accelerated dependence on banking services and promoted growth in the non-oil economy. The market has also been affected by the country’s relative stability, which has created a more stable economic environment and attracted the attention of international investors.”

Tabaqaly also pointed to the role of the market in supporting the development of an effective economy by providing capital for companies, and believes that the development of the Iraq Stock Exchange contributes to enhancing GDP and economic stability in the region.

Then many interactive questions, discussions and inputs were asked by the attendees, and in the end of the forum came out with a set of proposals and recommendations that will be submitted to the concerned authorities.


https://economy-news.net/content.php?id=39964

🏛️🔐 Security and Economy in Iraq: The Key to the Future of the Dinar 💵🇮🇶

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