Tuesday, February 6, 2024

Iraqi PM Calls on China to address ongoing Gaza conflict, 6 FEB

Iraqi PM Calls on China to address ongoing Gaza conflict

Shafaq News/ Iraq's Prime Minister Mohammed Shia al-Sudani on Monday urged the major powers in the world to step forward and help address the conflict in Gaza during a meeting with the Chinese Ambassador to Iraq, Ciu Wei, on Monday. 

According to a readout issued by his bureau, Prime Minister al-Sudani discussed with his guest the bilateral ties between their respective countries and the contribution of Chinese companies to the strategic development project known as the "Development Road." 


Al-Sudani emphasized the importance of supporting stability and ensuring sustained security in the region, calling for an end to the aggression against Gaza. 

The premier said that major powers, international organizations, and entities must acknowledge their responsibility in the face of the ongoing conflict and what he referred to as the "genocidal war" against Palestinians on their own land. 


The Chinese Ambassador conveyed the Chinese government's greetings to al-Sudani, expressing commitment to advancing bilateral relations and promoting sustainable partnerships, peace, and development.


https://shafaq.com/en/Iraq-News/Iraqi-PM-Calls-on-China-to-address-ongoing-Gaza-conflict


"RV UPDATE" BY MARKZ, 6 FEB

 MarkZ 

  [via PDK]   A lot of news coming out of Iraq this weekend.   A lot of it about Iraq’s economic prowess. They are now ranked the 7th central bank in buying metals. Think about that. They are not in the G7 or the G20…but they are the 7th largest purchaser of gold bullion. This is amazing. They also point out that their oil revenues are now surpassing Saudi Arabia in exports to the US. There are a number of articles pointing out how financially secure is Iraq. To me this is a precursor to a change of value in their currency. 

 ...coming out of Iraq:  “Contract signed for new residential city near Baghdad”   Will include more than 100,000 units. They are busy working on housing for their people. This is a large scale project worth big bucks…. How are they going to pay for it???

Iraqi DinaršŸ”„Major Breakthrough Straight From The IraqšŸ”„iraqi dinar rate u...

Iraq's PM rejects "unilateral actions" during meeting with Iranian official, 6 FEB

Iraq's PM rejects "unilateral actions" during meeting with Iranian official

Shafaq News/ Iraqi Prime Minister Mohammad Shia Al-Sudani met on Monday the Secretary-General of the Iranian Supreme National Security Council (SNSC), Ali Akbar Ahmadian, in Baghdad. 

According to Al-Sudani's media office, the prime minister emphasized Iraq's "rejection of any actions that contradict international principles founded on mutual respect for sovereignty." 

His position came as a confirmation of previous statements by Iraqi authorities after the Iranian Revolutionary Guard (IRGC) launched ballistic missiles at what they claimed was a base for the Israeli spy service Mossad in Erbil, northern Iraq. The attack had killed four civilians and injured six others. 

During the meeting with Ahmadian, Al-Sudani highlighted, "While Iraq is dedicated to establishing positive relations with neighboring and global nations, it remains vigilant and steadfast in protecting its sovereignty and security." 


"Iraq has consistently demonstrated its commitment to the principle of good neighborliness and developing strong relationships with regional and global partners. However, such efforts would not come at the expense of Iraq's sovereignty and security." The statement said. 

In turn, the top Iranian official emphasized Tehran's commitment to working under the joint security agreement between Iraq and Iran to ensure the safety of both neighboring nations


https://shafaq.com/en/Iraq-News/Iraq-s-PM-rejects-unilateral-actions-during-meeting-with-Iranian-official

"RV UPDATE" BY WALKINGSTICK, 6 FEB

 Walkingstick 

 All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done.  All the things that Aki [Iraqi bank friend] had to do in order to qualify to exchange the 3-zero notes into American dollars is done.  International platforms that were needed in order to do electronic transfers is done...

[Iraqi Bank Friend Aki update] 

This is the monetary reform roadmap for the next couple of weeks...January 29th a banking campaign was started to release deeper education about the monetary reform to the Iraqi citizens

...Either Thursday or Friday the Minister of Planning, Minister of Finance, the Governor of the Central Bank of Iraq and the Prime Minister Sudani are all going to be receiving the flow down of information regarding the new currency that is to be released and the new exchange rate for that new currency...Also...the Erbil Stock Exchange (ESX) and The Iraqi Stock Exchange (ISX) have completed their linkup...of international platforms.  They are done and going live at any moment.   

https://dinarevaluation.blogspot.com/2024/02/rv-update-by-walkingstick-2-feb.html

All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done.  All the things that Aki [Iraqi bank friend] had to do in order to qualify to exchange the 3-zero notes into American dollars is done.  International platforms that were needed in order to do electronic transfers is done...

[Iraqi Bank Friend Aki update] 

This is the monetary reform roadmap for the next couple of weeks...January 29th a banking campaign was started to release deeper education about the monetary reform to the Iraqi citizens

...Either Thursday or Friday the Minister of Planning, Minister of Finance, the Governor of the Central Bank of Iraq and the Prime Minister Sudani are all going to be receiving the flow down of information regarding the new currency that is to be released and the new exchange rate for that new currency...Also...the Erbil Stock Exchange (ESX) and The Iraqi Stock Exchange (ISX) have completed their linkup...of international platforms.  They are done and going live at any moment.  

https://dinarevaluation.blogspot.com/2024/02/rv-update-by-walkingstick-2-feb.html

Monday, February 5, 2024

Iraqi Dinar✅CBI sells +$207 million in forex on Monday/ Iraqi Dinar News...

After a decade, Iraqi provincial councils elect new leaders, 6 FEB

 After a decade, Iraqi provincial councils elect new leaders

Shafaq News/ Iraq witnessed a series of elections in various provincial councils on Monday to appoint new leaders. 

The results of the December 18, 2023, provincial elections, the first since 2013, were instrumental in determining the makeup of the councils. 


Nineveh Province 


The Nineveh Provincial Council unanimously elected Ahmed Al-Hasoud as the chairman of the Council and Muhammad Abdullah Al-Jubouri, also known as "Abu Fanar," as the deputy chairman. 

Additionally, most of the Council voted to renew the term of Abdul Qadir al-Dakhil, who will serve as the governor of Nineveh for a second term. 


Basra Province 


The Basra provincial council, aligning with the "We Build" alliance led by Hadi al-Amiri, elected Khalaf al-Badran as chairman and Osama al-Saadi as deputy chairman. Additionally, the Council renewed the mandate of the current governor, Asaad al-Eidani. 

Later, the Council also adjourned its session, awaiting an agreement on the positions of the two deputy governors. 


Al-Anbar Province 


In Al-Anbar province, the council selected Omar Mishaan Dabous al-Dulaimi as chairman, Akram Khamis al-Mahlawi as deputy chairman, and Mohammed Nouri al-Karbouli as governor. 


Wasit Province 


The provincial Council in Wasit elected Ali Hussein Soleimoun as chairman and Mohammed Jamil al-Miyali as governor. 


Najaf Province 


The Najaf provincial council unanimously elected Hussein al-Issawi of the State of Law Coalition as chairman and Ghaith Shabi of the "Al-Asas" alliance led by acting Speaker of Parliament Mohsen al-Mandalawi as deputy chairman. Youssef Knawi of the Hikma National Movement became the governor, with Ammar al-Jazairi of the Asaib Ahl al-Haq movement as deputy governor and Karrar Mahbouba of the "Absher Ya Iraq" alliance as the second deputy governor. 


Maysan Province 


The Maysan Provincial Council postponed its first session until the following Wednesday. 

Muthanna Province 

The Muthanna Council postponed its session until 10 p.m. due to a lack of agreement between the winning blocs. 


Kirkuk Province 


In Kirkuk, the Provincial Council faced difficulties convening its first session, leading to an indefinite postponement. Notably, the session reportedly was boycotted by Arabs and Turkmen. 


Diyala Province 


The Diyala Council opted to adjourn its session, citing a lack of quorum. 

Notably, these elections signify a crucial aspect of Iraq's political landscape, with provincial councils playing a pivotal role in overseeing local government affairs and providing essential public services. 


The results revealed the dominance of the pro-Iranian Coordination Framework alliance, comprised mainly of Iran-backed Shiite political parties, in securing the majority of seats across the councils. The elections witnessed a 41% voter turnout despite a boycott from the Sadrist movement.


https://shafaq.com/en/Iraq-News/After-a-decade-Iraqi-provincial-councils-elect-new-leaders


TIDBIT FROM BRUCE, 23 NOV

   Bruce   [via WiserNow]  ...This past Saturday and this past Sunday...They took four of our currencies, Iraqi Dinar, Vietnamese Dong, Afgh...