Saturday, March 9, 2024

A leader in Al-Fatah identifies the reasons for the continued American presence in Iraq, 10 MARCH

 A leader in Al-Fatah identifies the reasons for the continued American presence in Iraq

The leader of the Al-Fatah Alliance, Aed Al-Hilali, today, Saturday, identified the reasons for the continued American presence in Iraq, while stressing the importance of Washington’s commitment to its agreements with Iraq.

Al-Hilali told Al-Maalouma, “The American presence in Iraq is due to, among other things, Washington’s fear for its interests in the region,” expressing its conviction that “it will not abide by any commitment with the Iraqi government.”

He added, "The other issue revolves around the absence of unity in the discourse of the components in Iraq, which Washington is investing in to a very large extent."

Acting Speaker of the House of Representatives, Mohsen Al-Mandalawi, confirmed earlier that Parliament intends to legislate the law ending the American presence in the coming weeks. ink

"IMPORTANT IRAQ NEWS: "Integrity announces the recovery of $1.5 million, one billion dinars, and gold coins" BY CLARE, 9 MARCH

CLARE 

Integrity announces the recovery of $1.5 million, one billion dinars, and gold coins

3/9/2024

Today, Saturday, the head of the Federal Integrity Commission, Haider Hanoun, announced the recovery of more than 1.5 million dollars and about one billion Iraqi dinars and gold coins, while revealing a draft agreement to coordinate work with the Integrity Commission in the Kurdistan region.
 
Hanoun said, in a statement followed by Al-Iqtisad News, that “the authority recovered some amounts in cash, some of them were prevented from being wasted, and others are in the process of being recovered,” pointing out that “some amounts are in Iraqi currency, and others are in dollars.”
 
He added, "During our annual conference tomorrow, Sunday, we will display a recovered amount of more than one and a half million US dollars, as well as amounts in Iraqi currency of up to one billion dinars, and other amounts, in addition to gold coins."
 
He pointed out that "the Integrity Commission coordinates work with the Kurdistan Region Integrity Commission, and there is a draft agreement to coordinate joint work, and Integrity as a federal body supervises all governorates," stressing that "the financial disclosure of officials includes all Iraqi officials and employees."
 
Hanoun called on the Integrity Commission in the Kurdistan Region to “assist with arrest warrants and financial disclosures for officials, so that the Federal Authority can audit them like all officials,” stressing that “everyone is subject to the law.”


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US Bank's Green Light IQD Reinstated | $3.09 Dinars Per One US Dollar |I...

"RV UPDATE" BY PIMPY, 9 MARCH

 Pimpy   

 People are pissed at me because I'm telling them of the possibility they should at least be aware of...What I'm talking to people about are the possibilities in the directions the IQD can go.  I'm not saying it's one way or the other.  I'm just saying these are the possibilities...

These are just possibilities, we don't know.  We can wake up tomorrow and the exchange rate is now $3.22...they have not...redenominated [A.K.A. LOPPED IT].  Then everybody is happy...

 If you want to see an increase in the value of the Iraq dinar then there are things that need to happen in Iraq in order for the dinar to increase in value.  One of them is they have to have a stable and robust economy.  Then there are things Iraq need to do that continues to support, stabilize and strengthen the Iraqi dinar.  One of those big steps is joining the World Trade Organization...

"IMPORTANT IRAQ NEWS:" Sudanese opens an iron factory in Basra" BY CLARE, 9 MARCH

 CLARE

Sudanese opens an iron factory in Basra

3/9/2024

Baghdad

Today, Saturday, Prime Minister Muhammad Shiaa Al-Sudani opened an iron and steel factory in Basra Governorate.
Al-Sudani’s office said in a statement received by Mawazine News, “Prime Minister Muhammad Shia’ al-Sudani opened in Basra the rolling mill, one of the factories of the General Iron and Steel Company, with a production capacity of (500) thousand tons annually of different types of iron.”

He pointed out that "the factory has been closed since 2003."

Prime Minister Muhammad Shiaa Al-Sudani arrived this Saturday morning in Basra Governorate to inaugurate and follow up on a number of projects in the governorate.

LINK

"RV UPDATE" BY MNT GOAT, 9 MARCH

 Mnt Goat  

 Article:  "INCLUDING IRAQ… 5 ARAB COUNTRIES POSSESS MORE THAN A THOUSAND TONS OF GOLD

RESERVES"  Quote:  "Iraq maintained its ranking of 30th globally out of the 100 countries listed in the table with the largest gold reserves..."  Yet the IQD is still 1/6 of a penny?

 ...I have to come on an clarify the false rumors...about the IQD backside trading that is taking place. Read my lips- THERE IS NO BACKSIDE, BACKDOOR OR ??? trading being conducted on the IQD.  

 If you want to buy it you can go to the Iraqi Stock Exchange (ISX) and the rate is the official rate minus the trading of demand curve for the day...  So ...Thursday the ISX dinar sales closed at 1309 (not $3.09) dinars per one US dollar compared to the CBI official rate of 1320.  END of all the rumors...Done! ...There is no back office, government or other side trading before it goes LIVE to the public.

Iraqi Dinar News E -Payments, Banking Operations, CROSS BORDER, Private ...WITH CHELLA

TIDBIT FROM MNT GOAT, 23 DEC

  Mnt Goat   ...we are almost there... According to my CBI contact the new elected US administration is now working with Iraq and has contac...