Central Bank of Iraq: Sanctions on Al-Huda Bank due to its activities in 2022
The Central Bank of Iraq revealed that the US Treasury Department imposed sanctions on Al-Huda Bank of Iraq, attributing the reason to its activities in 2022.
The Central Bank of Iraq stated that the bank did not participate in the foreign currency buying and selling window during the year 2023, stressing that it is continuing to provide its services. Banking without dealing in US dollars and is allowed to deal in other foreign currencies.
Central Bank of Iraq Information Office 30 – January – 2024 link
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good evening everyone. Hope everything is going good for all
Member: As sands through the hour glass…so are the days of RV
Member: Mark, you said some of your bond contacts are under NDA’s. Is this the first time this has happened in all these years?
MZ: Yes because of the sheer number of them …..this is a first.
Member: Asked my teller at 5/3 bank in Ohio and ask about the QFS and he smiled and said yes.
Member: Everyone I talk to at the bank is clueless about a RV, yet they want to be your “wealth advisor”. Nobody seems to know about any reset. I guess we’ll have to see what Puxatawnee Phil says on Friday.
Member: Yes Friday will be the “official” Groundhog day……..sigh
Member: I went to local bank for cash withdraw and they told me they are cashless bank now. accept cash but no withdraw. I’m outta there!
MZ: Nader dropped another one this afternoon….”Under secretary Brian Nelson’s travel to Iraq” Be sure to go and watch it. Share and support him
MZ: “Burhan Nassir Mohammed Al Namral sworn in as Iraq’s new Parliament speaker” This one is important. It has been rumored in some circles for a few months that he was a stickler for moving forward with the white papers and rate change. I’m taking this as a good sign.
MZ: “Fly Baghdad set to resume operations in February? They did investigations and found they were not doing any weapon or currency smuggling…none of those things….So they will start flying again this Feb.
MZ: “Zimbabwe’s currency crashes to lowest since it’s 2019 revamp” The world desperately needs the trigger to be pulled on this reset. The current fiat system is crashing around their ears. They have to pull that trigger soon.
Member: Really hope there is some RV news tomorrow….been such a quiet week…..
Member: To heck with the RV news…let’s just have an RV!!! LOL
Member: Thanks for all the time you spend Mark….We appreciate you.
Member: See you all in the AM
Zester joins the stream at the end to talk Cryptos. Please listen to the replay for his information.
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Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary,medical opinions or many guests on this stream……just RV/currency related topics.
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There was a consensus witnessed by the Iraqi-Jordanian Economic Forum to achieve serious economic integration between the two countries in the various production and service sectors, and to work to address the problems that confuse the reality of cooperation between the two countries, based on the Iraqi government’s endeavor to open up to the regional neighborhood.
Acting Minister of Trade Atheer Al-Ghurairi read out his speech and began with a great welcome to the brotherly Jordanian delegation at a time when serious work is being done to achieve integration between the Iraqi and Jordanian economies, and in light of the Iraqi government’s efforts to open up to the regional neighborhood, pointing to the agreement to open an Iraqi commercial center in the Jordanian capital, Amman,
While I called for unifying efforts to advance the economy in Iraq and Jordan, calling for accelerating the opening of the Jordanian Trade Center at the Baghdad International Fair to be a stable platform for displaying Jordanian products.
He pointed out that the government’s directions emphasize the trend towards achieving economic development by adopting advanced work mechanisms that are of real benefit to the country, pointing out that the forum represents a real opportunity to achieve economic integration between the two brotherly countries, and we urge all parties in the public and private sectors to benefit from this forum and enhance cooperation in Various economic fields, especially in detail promoting joint investments and developing trade between the two countries.
As for the representative of the Jordanian private sector, Raed Hamada,he confirmed that the Iraqi market is the most important in the region,and today we are working to increase exports and imports between the two countries. He pointed out that efforts will continue to contain the challenges that confuse joint action and find effective solutions for them, and that there will be real care for the economic interests of the two countries, and strengthening the role of the private sector in order to achieve sustainable economic development.
Chairman of the Federation of Chambers, Abdul Razzaq Al-Zuhairi, said: The presence of the brothers from Jordan with their advanced efforts in Baghdad, with a sincere desire to achieve business integration and expand the circle of cooperation, and this represents a step that raises hope for a promising future, especially with the increasing numbers of economic delegations that have come to Iraq.
He stated that the recovery of the Iraqi economy would bring a direct benefit to the economies of the region and the world, as it is important at all levels, and this is recognized by the economic system regionally and internationally, pointing out that “our ambition for the presence of the brotherly Jordanian delegation is to be a real start for achieving the Arab customs union and the Arab free market.” And the strategic partnership.
Director General of the Bank of Jordan, Saleh Rajab Hammad, said: Iraq is considered a very broad investment environment due to political and security stability, support for the private sector and considering it a strategic partner for the development of the state, as well as improving infrastructure and enacting strong laws to combat money laundering.
Iraq has also taken a serious and strong approach to support The investment environment and the development of a flexible investment law that supports foreign and domestic investments, and the adoption of modern technologies to contribute to the development of Iraq and expand and diversify its production and service base.
He said, “Our approach at the Bank of Jordan to be present in brotherly Iraq was launched from the lofty royal visions to ensure economic growth and provide the appropriate environment for growth in its various economic, social and political dimensions.” To integrate into the global economy in general and in the Arab world in particular, the bank seeks, within its strategic vision, to expand its business model in regional expansion and expansion.
The specialist in economic affairs, Mohsen Kateh Al-Hamidawi, said: We value and appreciate the Hashemite Kingdom of Jordan’s approach to working to strengthen the bonds of cooperation between the two countries, which stems from their historical interdependence, in the hope of strengthening trade cooperation in light of the government’s directions aimed at diversifying the local economy.
He pointed out the importance of joint projects between the two countries, as well as the possibility of cooperation in many aspects of the Iraqi market, the opportunities available in the liberated areas and in general projects.
He stated that “the forum carries a lot of importance, as it enhances real cooperation between the two countries, and it is possible to create bilateral partnerships that achieve the highest levels of economic feasibility for the two neighbors.” who have important commonalities, especially since Iraq has witnessed development in a number of its economic aspects, the most important of which is the financial sector, which has begun to adopt advanced technology in many of its aspects.
In turn, the organizer of the forum, Dr. Ruaa Arabiyat, confirmed that when the content of the forum is based on “economic integration,” here we mean Strengthening economic integration between the two brotherly countries, which represent two lungs in one healthy and solid body, pointing out that our existence as one family works to arrange courses of action and improve performance in a manner commensurate with the capabilities of the two countries, as the Hashemite Kingdom of Jordan possesses advanced technology in many economic sectors that it can employ. In Iraq to advance the economy in production and service aspects. LINK
Domingo Guerra: Latest update that just came out. Breaking news is supposed to continue today after 16:00 P.M. RENO Time
It's time and the money will flow tomorrow. Rest assured, everyone understands the urgency. However, the decisions are far above the Admiral.
Domingo Guerra: Lates update that just came out. Breaking news is supposed to continue today after 4:00 P.M. Reno time, and the money will flow tomorrow. Rest assured that everyone understands the urgency. However, the decisions are far above the Admiral.
Iltomar Jose Mendes: Latest update that I just posted. As breaking news we must continue here, after 16:00 P.M. Reno time and money will flow amanhã. Be sure that everyone understands the urgency. However, the decisions are very much up to the Admiral.
es el momento y el dinero fluirá mañana. Tenga la seguridad de que todos comprenden la urgencia. Sin embargo, las decisiones están muy por encima del Almirante.
Domingo Guerra: Lates update that just came out. Breaking news is supposed to continue today after 4:00 P.M. Reno time, and the money will flow tomorrow. Rest assured that everyone understands the urgency. However, the decisions are far above the Admiral.
Iltomar Jose Mendes: Última atualização que acabou de sair. As notÃcias de última hora devem continuar hoje, depois das 16:00 P.M. Hora de Reno e o dinheiro fluirá amanhã. Tenha certeza de que todos entendem a urgência. No entanto, as decisões estão muito acima do Almirante.
