DINAR REVALUATION

Sunday, March 17, 2024

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Türkiye, Iraq Forge Joint Committees Against PKK, Strengthen Bilateral Ties, 17 MARCH

Türkiye, Iraq Forge Joint Committees Against PKK, Strengthen Bilateral Ties

During a significant meeting in Baghdad, top officials from Türkiye and Iraq have resolved to collaborate closely by establishing joint committees aimed at counterterrorism and enhancing cooperation across various sectors. This accord, reached on Thursday, signals a notable advancement in the fight against the PKK terror group, which has long occupied areas of northern Iraq near the Turkish border. The agreement also encompasses cooperation in trade, agriculture, energy, water, health, and transportation sectors, aiming to bolster bilateral relations. Turkish Foreign Minister Hakan Fidan and his Iraqi counterpart Fuad Hussein led the delegations in these pivotal discussions.

Strategic Cooperation and Regional Challenges

The meeting not only focused on counterterrorism efforts but also addressed broader regional challenges, including the situation in Gaza. Both parties reaffirmed their support for the Palestinian cause and emphasized the importance of Iraq's political unity, sovereignty, and territorial integrity. The presence of the PKK in Iraqi territory was highlighted as a significant security threat to both nations, with Türkiye expressing approval of the Iraqi National Security Council's decision to designate the PKK as a banned organization in Iraq.

Continuing Dialogue and Preparations for a Historic Visit

The discussions in Baghdad are part of an ongoing dialogue that began with previous meetings in Ankara in December of the previous year. These talks have paved the way for drafting a memorandum of understanding to establish a structural framework for relations between the two countries, including regular contact mechanisms. Furthermore, both countries are preparing for Turkish President Recep Tayyip Erdoğan's visit to Baghdad after the Muslim holy month of Ramadan, marking a significant moment in the strengthening of Türkiye-Iraq relations.

Security Measures and Future Collaborations

Both sides engaged in a detailed discussion on the measures to be taken against the PKK and its affiliates targeting Türkiye from Iraqi territory. By establishing a security zone along the border and transforming Turkish bases in northern Iraq into a security belt, the two nations aim to curb the activities of the PKK within the region. This cooperative stance underscores a unified approach towards regional security and development, setting a precedent for future collaborations between Türkiye and Iraq.

This historic agreement between Türkiye and Iraq not only marks a significant step in counterterrorism efforts but also in fostering a stronger, more cooperative relationship across various sectors. The establishment of joint committees and the emphasis on continued dialogue and cooperation reflect a mutual recognition of the benefits of a unified approach to regional challenges. As both countries look forward to President Erdogan's visit to Baghdad, the implications of this agreement promise to extend beyond security concerns, potentially heralding a new era of bilateral cooperation and regional stability.

https://bnnbreaking.com/politics/t%C3%BCrkiye-iraq-forge-joint-committees-against-pkk-strengthen-bilateral-ties

"BANK STORY" FROM FIGHTBACKEARTHOFFICIAL, 17 MARCH

Fri. 15 March FightBackEarthOfficial on Telegram

“My bondholder attended an appointment today and departed with a non-disclosure agreement (NDA). Two contacts from Iraq stated definitively that Iraq’s preparations were complete, awaiting only approval from the US Treasury.

Additionally, there’s a story about a visit to Chase Bank: A customer met with a wealth manager in private to discuss the Iraqi Dinar. The manager had just concluded his fifth meeting on dinar rates. When asked about the expected release of the dinar rate, the manager indicated it could be within the next three days.”

Iraq to Join WTO + Iraq Recovers Billions of Dinars in Corruption Cases BY SANDY INGRAM

U.S. oil imports from Iraq decline, 17 MARCH

U.S. oil imports from Iraq decline

Shafaq News/ U.S. oil imports from Iraq fell last week, data released by the the U.S. Energy Information Administration (EIA) released this weekend.

The EIA's weekly petroleum status report showed that U.S. crude oil imports from eight major suppliers averaged 4.691 million barrels per day (bpd) last week, down by 1.92 million bpd from 5.783 million bpd the week before.

Iraq's oil exports to the United States averaged 93,000 bpd last week, down 83,000 bpd from the previous week's total of 176,000 bpd.

The EIA said that Canada remains the United States' top oil supplier, with an average of 3.458 million bpd. Mexico was the second-largest supplier, with an average of 303,000 bpd, followed by Brazil with an average of 272,000 bpd.

The The United States imported an average of 265,000 bpd from Saudi Arabia, 132,000 bpd from Nigeria, 102,000 bpd from Ecuador, and 66,000 bpd from Libya last week.

The EIA did not report any oil imports from Colombia or Russia in its weekly report.

https://shafaq.com/en/Economy/U-S-oil-imports-from-Iraq-decline

"GINGER BANK STORY" , 17 MARCH

Fri. 15 March Ginger Bank Story

“My Chase/JP Morgan Wealth Manager guy was transparent, knew what was going on, shared info, and admitted he had foreign currency and how he was focused on humanitarian needs. I am really surprised he admitted what he did.”

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 Ginger Q & A: 
Ginger: “Recent rumors that Asia & South America paymasters got the green light for liquidity on Tues. 3 March.”
 Member: “This is great news! Is it only for people in Asia, Colombia/Brazil that got the green light? What about people that have historical bond on T3 in Switzerland? Should they also get the green go light?” 
Ginger: “Please think of this Event like a “human Wave” at a football game. It’s gotta start somewhere…but it’ll get to you and me as we watch it move across the entire stadium – a Global Event which reaches everyone.” 
SOURCE: DINARCHRONICLES