Monday, February 26, 2024
Foreign Ministry: Sudan will raise the file of withdrawal of US forces during his visit to Washington, 26 FEB
Mawazine News – Baghdad
Foreign Minister Fuad Hussein confirmed the continuation of negotiations with the American side on the presence of international coalition forces in Iraq.
The negotiations are continuing and the second round is over and we hope to have other rounds,” Hussein said.
There will also likely be a round of discussions in Washington during Iraqi Prime Minister Mohammad Shia’ al-Sudani’s visit to the United States, Hussein said.
Last January 25, the Iraqi Foreign Ministry announced the success of negotiations between the Iraqi and US governments that began in August 2023, to formulate a timetable setting the duration of the presence of the international coalition advisers in Iraq and the end of the military mission of the coalition against ISIS.
"RV UPDATE" BY YADA & NADER FROM MID EAST, 26 FEB
yada
Question: Are we waiting for 5 pm...For Forex? yada: Not necessarily for the FOREX but for the markets to open. The lower denoms will be released after the rate change, almost seeming simultaneously. All the contracts from Davos, Baghdad forum, and now the OTC that closed on the 22nd, are all activated with the rate change.
Nader From The Mid EastInteresting information.!!!
Sunday, February 25, 2024
For the first time in 20 years. Iraq participates in the Ministerial Conference of the World Trade Organization, 26 FEB
Economy News – Baghdad
The Ministry of Commerce, Sunday, participated for the first time since 2004 in the WTO Ministerial Conference to be held in the capital Abu Dhabi.
Minister Atheer Al-Ghurairi said in a speech during his participation in the preparatory meeting of Arab trade and economy ministers within the Arab Group for the 13th WTO Ministerial Conference followed by “Economy News”, that “Iraq participates for the first time since 2004 in the WTO Ministerial Conference held in the capital Abu Dhabi,” pointing to “the completion of the requirements of Iraq’s accession to the organization represented in the completion of the two files of trade in goods and trade in services within the timing schedule for accession to the global multilateral trade system.”
The minister pointed out that “the desire and seriousness of the Government of Iraq to establish balanced economic relations with all countries of the world and at various levels and fields by improving the business and investment environment and making real reforms in laws and legislation.”
He thanked “the Kingdom of Saudi Arabia to support the process of Iraq’s accession to the international organization through the visit of its permanent ambassador to the organization, Saqr, next, and his chairmanship of the working team on the accession of Iraq.”
On intra-trade and increasing trade exchange between Arab countries, Minister Al-Ghurairi noted “Iraq’s keenness on the importance of the presence of Arab countries in Iraq to restore its active role in economic organizations.”
The minister extended congratulations to the “Comoros and East Timor on their WTO membership.”
"RV UPDATE" BY PIMPY
Pimpy
There's no doubt this [Development Road Project] is going to turn Iraq into a transit center. There's going to be a lot of traffic going through there. [But] Article quote: "Iraq has postponed the launch of its $7 billion development road project to early 2025..." Hello, remember, don't count your chickens before they hatch. We are talking about Iraq. This happens quite often.
Community Comment: "Thanks for the let down once more that Iraq will never RV." I never said it would never RV. Never. In fact I'm the one that said it's going to go up in increments.
Question: "There have been some references...regarding some Iraqi banks in the US, have you heard about any of thee banks on US soil?" Here you go: You have the Iraq National Bank that's in New York. Rasheed Bank that's in New York. North Bank that's Dearborn Michigan, The Bank of Baghdad is in New York City, TBI Bank which is in Washington DC. These are the Iraqi banks that are currently in the US...Community Comment: "Once the 3 zeros are deleted, establishing IQD's REER, then the rate will go up in increments." That's not what you want. You do not want them to delete the zeros before the rate goes up. If they delete the three zeros off your currency then your 25,000 dinar becomes a 25 dinar and then they raise the rate? That's not going to help you. We'll see what happens.
If you're going to exchange your Iraqi dinar, let's just say for the sake of this particular example...3 to 1, congratulations you now got millions of dollars. So you go and you swap your currency and they're saying, 'Hey, you got $3 million in your account.' Yah! You can't say to them I want $3 million dollars because the bank doesn't carry money like that no more. They might say...we are going to allow you to carry out $5,000 for today cash but we're going to have to set an appointment with you to come pick up the rest of the cash...If they have to order currency for you, they're going to charge you a fee because they have to pay a fee...FRANK26…..5-30-26……THEY SAID AFTER EID !!!
Follow & Join Our Community 📌 BLOG: https://dinarevaluation.blogspot.com/ 📌 TELEGRAM: https://t.me/DINAREVALUATION 📌 X (TWITTER):...
-
A groundbreaking and irreversible shift is occurring in the global financial system as it rapidly transitions to a gold-backed structure. T...
-
Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
-
🌍 Global Currency Reset: What’s Happening Now The so-called “RV Redemption” is reportedly entering a new phase, according to various sour...