Saturday, February 3, 2024
Sudanese adviser: Iraq is living better in its financial history thanks to high foreign exchange reserves, 3 FEB
The Prime Minister’s financial adviser, Mazhar Mohammed Saleh, announced on Saturday a significant improvement in the efficiency of Iraq’s foreign exchange reserves, stressing that it indicates that Iraq’s financial situation is the best in its history.
Saleh explained, in an interview with the official agency, followed by NRT Arabia, that Iraq’s oil revenues will remain the main source for the growth of the country’s foreign currency reserves, pointing to the high efficiency indicators in these reserves.
Saleh pointed out that Iraq’s oil revenues constitute up to 98% of the assets of the investment portfolio of foreign currency reserves, indicating that all indicators indicate that Iraq is currently living in its best financial conditions, and that these reserves are booming and increasing with the growth of the current account index of the balance of payments.
He stressed that there are standard investment mechanisms and evidences in line with global standards in the management of Iraq’s foreign exchange reserves, stressing that with the increasing cycle of oil assets, the size of Iraq’s foreign reserves increases and rises in its investment portfolio.
"RV UPDATE" BY MARKZ, 3 FEB
If all the rumors are to be believed- coming from every corner of the “blogisphere” ….they are saying the CBI has released rates to the government of Iraq and Iraq has released those to all the central banks in the world including the US and that everything is locked and loaded. That is the chatter.
Al-Nujaba confirms that the headquarters were “empty” during the American strike.. What is the secret of the huge loss toll then? – Urgent, 3 FEB
Baghdad Today – Baghdad
Al-Nujaba Movement revealed today, Saturday (February 3, 2024), that most of the headquarters of the armed factions were empty at the moment of the American bombing in Iraq at dawn today, with the United States announcing a military response to the attack in Jordan last Sunday, which resulted in the killing of 3 American soldiers.
The movement’s spokesman, Hussein al-Musawi, said in a statement to the Associated Press, followed by “Baghdad Today,” that Washington “must understand that every action provokes a reaction,” but he added that “we do not want to escalate or expand regional tensions.”
He stated that “the targeted sites in Iraq were essentially devoid of fighters and soldiers at the time of the attack.”
The agency considered that there was not much damage, which allows it to justify the lack of need for a strong response.
The statement of the Nujaba official draws attention to the map of the victims, according to what was revealed in the statement of the Popular Mobilization Forces, as it is clear that most of the victims were from the 13th Brigade (Al-Tafuf Brigade), a faction accused of strikes against the Americans, and most of the victims were in Akashat, where this brigade was located. This is in contrast to Al-Qaim, where the major factions involved in targeting American forces are present, which clearly indicates that the empty headquarters were for the large factions, while the Al-Tafuf Brigade did not vacate its headquarters, unlike the others.
The Iraqi government announced that the bombing, which it described as a “blatant aggression,” led to “16 martyrs, including civilians, in addition to 25 wounded, and also caused losses and damage to residential buildings and citizens’ property.”
She stressed, “The presence of the international coalition, which has deviated from the tasks assigned to it and the mandate granted to it, has become a reason for threatening security and stability in Iraq and a justification for involving Iraq in regional and international conflicts.”
"RV UPDATE" BY BRUCE, 3 FEB
Bruce
[via WiserNow]
...we've heard from a couple of...sources that we should be there...with notifications by [Friday]...and maybe we do get started [Friday] or Saturday but we should go right through the weekend...I think that's great news for us...Even though we didn't get started [Thursday] like we had thought, like we had hoped...I was honestly surprised we were not going to get started [Wednesday]...So things are moving forward...I think it’s coming...I think it's got to, you just have to say super patient like we’ve been...
- In the US the Restitution R&R lump sum payment for those 62 and older is supposed to start Thurs. 1 Feb. through Wed. 7 Feb.
- The R&R for ages 42 to 61 will come monthly over a 10 or 15 year period. They have to agree they will continue to work.
- The increase in SS will occur in Feb. on regular SS days. The payment is not to go over $4,900.
- Wells Fargo sources said Tier4b (us, the Internet Group) will be notified Wed. 31 Feb. after 1:30 pm. in each time Zone. Appointments should start on Thurs. 1 Feb.
- Rates are solid on the Zim 1:1 and on par.
- The new gold-backed USN has been out since last Thurs. 25 Jan. and being traded on the Forex started Sun. 28 Jan.
- The new IQD Dinar Rate was out and also began trading on the Forex on Sun. 28 Jan.
- https://dinarevaluation.blogspot.com/2024/01/the-big-call-highlights-31-jan.html
The American consul in Erbil speaks of “economic opportunities” that bring great benefits to Iraq and the United States, 23 NOV
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Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...