"Maxine Waters Says Lawmakers Are 'Very, Very Close' To Finalizing Stablecoin Regulation Bill"
If you can remember all the times we talked about digital payment coins being in pilot projects, the sandbox testing of several stablecoins from around the world to see how they interact with each other leads to regulations. Such as, the one taking place in Hong Kong.
This is why we are getting this announcement from Maxine Waters. It looks like stablecoin regulations are finally being addressed and near its completion for regulation and legislation approval. We are not there yet, but we are close.
This will help make payments to the new tokenized assets that will be interfaced together through Protocol 20 utilizing Soroban smart contracts to ensure both sides of a trade are secure and capable of moving forward.
Prime Minister: Iraq Deserves Renaissance After Years Of Corruption And Neglect
Posted On 02-09-2024 By Sotaliraq The Prime Minister, Muhammad Shiaa Al-Sudani, confirmed on Thursday that the Baghdad metro project will be linked to new residential cities, including the cities of Al-Jawahiri, Ali Al-Wardi, and Sadr City, while noting that the high-speed train between Najaf Al-Ashraf and Holy Karbala will work to end the traffic jam caused by the million visits.
Al-Sudani said in his speech during the ceremony of launching investment opportunities for the Baghdad Metro Project and the Karbala-Najaf Express Train Project, that “the Baghdad Metro Project establishes an important shift in the movement of citizens in the capital, Baghdad, whose population has exceeded 8 million, as the project consists of 7 lines with a length of 148 km.”
It will cover most of Baghdad’s areas,” noting that “the metro project establishes a connection process with the new cities that have been initiated, namely Al-Jawahiri City, west of Baghdad, Ali Al-Wardi City, south of Baghdad, and New Al-Sadr City, east of Baghdad.”
He continued, “These projects carry a clear and significant economic feasibility for the private sector that is serious about implementing them, and that the announcement of these two projects represents a shift in the government’s work path from quick and simple projects, such as service and engineering effort projects, to major projects,” pointing out that “the work processes are continuing.”
We have worked on these two projects, launched the Development Road Project, and are directly supervising the completion of the Grand Al-Faw Port Project, concluding contracts for new cities, and soon the investment portfolio for the rehabilitation and expansion of Baghdad International Airport will be completed.”
He pointed out that “all these projects establish a development renaissance for the new Iraq, after years of neglect, poor planning, and corruption that affected all projects, especially infrastructure,” stressing that “public transportation is a goal in which we will not be satisfied with building bridges, overpasses, and tunnels, but rather we have an integrated vision for a package of Several modern means of transportation to our capital.”
He explained: “We are establishing a new philosophy of management through the state undertaking organization and planning, and making way for the technically capable private sector to undertake the implementation of these projects, as we cannot remain dependent on oil imports to implement all service projects,” noting that “Iraq is witnessing a high growth rate.”
It is the highest among countries in the region, and we must create the requirements for an attractive and supportive investment environment to pave the way for the work of local, Arab and foreign companies.”
He continued: “We need the support of members of the House of Representatives, with its specialized committees, in supporting the state’s directions with legislation that prepares the environment that attracts investment. We also sent a draft economic amendments law that includes several laws that we want to be in one package to save time, and many international companies are waiting for these amendments.”
He noted that “launching (the Year of Achievements) is not just a slogan, but rather within a vision that has been prepared since the writing of the government program, and is planned for the life of this government. We have established projects according to timings, and we raised the slogan: There is no lagging project approved and implemented in this government, and we are continuing with it.” This trend.”
The ceremony witnessed the announcement by the Chairman of the Investment Authority to set next Monday, February 12, as the date to open applications for companies on the Authority’s platform in order to submit their offers on the two projects.
while the consulting contract for the Karbala-Najaf Express Train was signed by the Director General of the General Railway Company, one of the companies of the Ministry of Transport.
It is noteworthy that the Baghdad Metro project consists of 7 lines and 14 road stations distributed among regions; Al-Alawi, Al-Shaab, Aviation Square, Al-Baladiyat, Al-Kadhimiya, Baghdad Airport, Al-Dora, Maysloun Square, Al-Zafaraniyah, Aden Square, Al-Bayaa, and Al-Qadisiyah, and passes in multiple lanes, with a transport capacity of up to three million passengers per day. It covers 85% of the area of the capital, Baghdad.
Express-type trains will be adopted at an estimated speed of (80-140 km/h), with an automated digital metro system that runs on electric power and without a driver and includes all means of communication.
The railway tracks enter through tunnels up to 20 meters deep, to avoid any conflicts with the streets and infrastructure services. The stations include facilities to receive arrivals and departures, elevators, movable and fixed escalators, commercial stores, cafeterias, bathrooms, administrative and service rooms, parking lots for cars and buses, and power generation stations.
The station consists of two departure platforms. The two reception areas are completely separate from each other, and the project also includes workshops and warehouses for maintaining, washing and cleaning trains, and maintaining railway corridors to change tracks.
As for the Najaf-Karbala train project, it consists of 4 main stations starting from Najaf Airport, passing through Karbala Airport, all the way to the Baghdad garage in the city of Karbala, on an elevated railway line, with a distance of (90) km, with a highly efficient metro system, and with air-conditioned cars at a speed of (240). km per hour. It includes special compartments for women and children, and seats for people with special needs and the elderly, in addition to the stations containing shops, cafeterias and various service facilities. LINK
They [Iraq] have been on steroids... ever since Al-Sudani took office and they allowed him to go to the UN assembly meeting and then over to Davos. Now the UN is talking about releasing them from UN Chapter VII sanctions because the mission from the UN is coming to a close...
[NOTE: See the full Dinar Guru Possible To Do List in the left column of this page.]
There was a kind of documentary out showing how they were destroying triple zero notes. Think about it, if you had printed trillions and trillions of notes, it takes a long time to reduce your note count....
The fact they were going to be doing this whole delete the zeros project from the exchange rate they were going to have a use for what? [Coins]. They even talked about coins in the last week...The project to delete the zeros, they're still in the process of doing it.
Prime Minister Muhammad Shiaa Al-Sudani announced, this evening, Thursday, the launch of investment opportunities for the Baghdad metro project and the Karbala-Najaf express train project, during a ceremony attended by a number of representatives , ministers, ambassadors and representatives of diplomatic missions.
The ceremony witnessed the signing of a contract between the Ministry of Transport and the alliance of CHSS and HSS, two Lebanese and Malaysian companies that will provide their advisory services for the project. In a speech he delivered during the ceremony, the Prime Minister appreciated the efforts of my ministry; Transport, Planning, the Investment Authority, the Municipality of Baghdad, and the consultants are preparing and arriving for this day and announcing these opportunities that will be available to the local, Arab and international private sector, as well as preparing to contract with consulting companies That will undertake the tasks of auditing statements, designs, feasibility studies and supervising the implementation of these large projects.
Al-Sudani explained that the Baghdad Metro project was included in the designs of the city of Baghdad decades ago, and was subject to much diligence and research, and was included in budgets without being implemented on the ground, stressing the implementation of the government’s vision. to advance the public transportation sector as one of the most important means that provides ease of transportation, and provides… Time and cost, especially for low-income groups, in addition to the fact that it is an environmentally friendly project as it will operate on electrical energy.
Al-Sudani also pointed to the second investment opportunity represented by the train line linking Al-Najaf Al-Ashraf and Holy Karbala, which has been talked about for years in the transportation crisis between these two cities, which witnessed continuous millions of visits on religious occasions, and large, almost daily visits.
He pointed out that the development road project is on its way to implementation, and the investment portfolio for the rehabilitation and development of Baghdad International Airport will soon be completed.
The ceremony witnessed the announcement by the Chairman of the Investment Authority to set next Monday, February 12, as the date to open applications for companies on the Authority’s platform in order to submit their offers on the two projects.
The consulting contract for the Baghdad Metro project was signed by the Mayor of Baghdad, while the consulting contract for the Karbala-Najaf Express Train was signed by the Director General of the General Railway Company, one of the companies of the Ministry of Transport.
It is noteworthy that the Baghdad Metro project consists of 7 lines and 14 road stations distributed among regions; Al-Alawi, Al-Shaab, Aviation Square, Al-Baladiyat, Al-Kadhimiya, Baghdad Airport, Al-Dora, Maysloun Square, Al-Zafaraniyah, Aden Square, Al-Bayaa, and Al-Qadisiyah, and passes in multiple lanes , with a transportation capacity of up to three million passengers per day. It covers 85% of the area of the capital, Baghdad.
Express-type trains will be adopted at an estimated speed of (80-140 km/h), with an automated digital metro system that runs on electric power and without a driver and includes all means of communication.
The railway tracks enter through tunnels up to 20 meters deep, to avoid any conflicts with the streets and infrastructure services. The stations include facilities to receive arrivals and departures, elevators, movable and fixed escalators, commercial stores, cafeterias, bathrooms, administrative and service rooms, parking lots for cars and buses, and power generation stations. The station consists of two departure platforms. The two reception areas are completely separate from each other, and the project also includes workshops and warehouses for maintaining, washing and cleaning trains, and maintaining railway corridors to change tracks.
As for the Najaf-Karbala train project, it consists of 4 main stations starting from Najaf Airport, passing through Karbala Airport, arriving at the Baghdad Garage in the city of Karbala, on an elevated railway line, with a distance of (90) km , with a highly efficient metro system, and with air-conditioned cars at a speed of (240). km per hour. It includes special compartments for women and children, and seats for people with special needs and the elderly, in addition to the stations containing shops, cafeterias and various service facilities.
Article: "Observer: Ending the mission of the United Nations office in Iraq takes Iraq out of Chapter Seven"
TAKES YOU OUT OF CHAPTER VII... AND PUTS YOU IN AN INTERNATIONAL BASKET!
Last year we sent many of you to banks and you came back with the same story, 'They said it's a scam.' Towards the end of December, 'Some of them are telling us it's not a scam and they talk to us.' ...
January more and more banks are saying, 'We know. We just don't know when.' That's why I believe that bringing you a bank story with the bank information can be helpful.
If I was the CBI within the next couple of weeks, no later sometime in this month, I would have banks show the Iraqi citizens practice currency sheets in the banks...so they can practice with the citizens of Iraq.