Thursday, February 1, 2024
"ONE OF THE REASONS WHY THE REVALUATION CONTINUES TO BE DELAYED" BY MNT GOAT, 1 FEB
ONE OF THE REASONS WHY THE REVALUATION CONTINUES TO BE DELAYED
THE CENTRAL BANK EXPECTS DOLLAR PRICES TO DECLINE IN THE MIDDLE OF THIS YEAR
Former official in the Central Bank of Iraq, Faleh Daoud, said that the exchange rate of the US dollar will fall to less than 1,500 Iraqi dinars by next June.
(What? First they told us it would fall by December, then by the new year and now June? It is obvious the CBI can not control the rate of the parallel market unless it took drastic measures and we know what those measures are. So why are they afraid to do it? Are they being blackmailed by the corrupt?)
Faleh Daoud said in a statement followed by Mawazine News, “The dinar’s exchange rate depends on the market and demand, because the currency market plays a role in its price, not the central bank,” noting that “the recent actions of the US Treasury Department and the Federal Reserve regarding transferring the dollar to Iraq caused… In the decline in the value of the currency, which is the reason for the instability of the dinar against the dollar.”
He explained, “Relying on the electronic platform had a positive side effect on the exchange rate against the dollar and created quasi-stability in the dinar’s exchange rate, and it may rise slightly by next June.”
"ANALYSIS OF IRAQ NEWS" PARLIAMENTARY OIL: KURDISH OBSTACLES PREVENT THE RESOLUTION OF THE “OIL AND GAS” LAW" BY MNT GOAT, 1 FEB
PARLIAMENTARY OIL: KURDISH OBSTACLES PREVENT THE RESOLUTION OF THE “OIL AND GAS” LAW
Kazem Al-Touki, a member of the Parliamentary Oil and Gas Committee, confirmed on Monday that the Kurds have placed obstacles to resolving and ending the oil and gas law and handing it over to Parliament for reading and voting on it.
Al-Touki told Al-Maalouma, “Members of the Oil and Gas Committee communicated and moved towards the political parties and heads of blocs in order to end the problems of the Oil and Gas Law and ensure its passage in Parliament.”
He added, “Prime Minister Muhammad Shiaa Al-Sudani continues to move to end the aforementioned law, and to reach a consensus formula agreed upon by everyone in order to resolve the law and vote on it, especially since the government program focused on this file.”
He stated that “the Kurds do not have the seriousness to resolve the oil and gas law, and obstacles have been placed in front of this law, which now needs political consensus before it is sent to the House of Representatives for the purpose of reading and voting on it.”
"ANALYSIS OF IRAQ NEWS" RUSSIA: BAGHDAD INFORMED US OF WASHINGTON’S READINESS TO WITHDRAW ITS FORCES FROM IRAQ" BY MNT GOAT, 1 FEB
RUSSIA: BAGHDAD INFORMED US OF WASHINGTON’S READINESS TO WITHDRAW ITS FORCES FROM IRAQ
The special envoy of the Russian President for the Syrian settlement, Alexander Lavrentiev, said that Iraq informed the Russian side of the United States’ readiness to withdraw its forces from Iraq.
In an interview with Novosti, Lavrentiev said that the question now is how long this will take and how the process of withdrawing American military personnel will take place.
(Oh…I sure hope we get the reinstatement prior to this happening.)
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Wednesday, January 31, 2024
Source: Qaani recently visited Baghdad and met with Iraqi factions to reduce the escalation against America, 1 FEB
Source: Qaani recently visited Baghdad and met with Iraqi factions to reduce the escalation against America
Shafaq News/ An informed source reported, on Wednesday, that the commander of the “Quds Force” in the Iranian Revolutionary Guard, Ismail Qaani, made a visit to the Iraqi capital, Baghdad, during which he met with factions under the banner of the “Islamic Resistance in Iraq” with the aim of reducing the military escalation against the forces of the United States of America. After the Jordan attack.
The source told Shafaq News Agency that Qaani made an unannounced visit to Baghdad two days ago, during which he held extensive meetings with a number of faction leaders in order to calm the security situation and stop the military escalation against the Americans.
Yesterday, Tuesday, Iraq’s Hezbollah Brigades announced the cessation of its operations against American forces in order “not to embarrass the Iraqi government,” recommending its fighters to “temporarily passive defense.”
On Sunday, January 28, the US Army announced that three of its soldiers were killed and dozens wounded in a march attack targeting a base housing US forces in Jordan.
American media reported that the targeted site was “Tower 22”, a small military site in Jordan, near the country’s border with Syria.
In response to this attack, American officials said that the United States is considering launching strikes against armed factions in Iraq, Syria, and Iran.
US President Joe Biden said yesterday, Tuesday, that he had made a decision about the nature of the response to the Jordan attack, which killed 3 American soldiers and injured more than 30 others.
Biden explained that he “made the decision on the nature of the response to the attacks that killed American soldiers in Jordan,” adding, “We do not want a broader war in the Middle East.”
shafaq.com