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To Generalize The "Iraqi Truce"... American-Iranian Talks To Prevent The Escalation Of The Conflict, 21 MARCH

 To Generalize The "Iraqi Truce"... American-Iranian Talks To Prevent The Escalation Of The Conflict

2024-03-20 Shafaq News/ The English newspaper “The National” reported that the ongoing indirect talks between the United States and Iran seek to build on the undeclared truce understanding in Iraq with the Iraqi armed factions, by expanding it to become effective on other fronts in the region.

The newspaper indicated, in a report translated by Shafaq News Agency, that the Iranian media confirmed the occurrence of the recent rounds of indirect talks with the United States, but said that it focused on the issue of lifting the sanctions imposed on Iran, which is believed to be the main incentive for Tehran’s increasing initiative to reduce the conflict. Regional.

The report quoted an informed source as saying, commenting on the talks, that “there are clear American efforts for the Iranians to maintain the relative restraint they are exercising on their part, especially on the Iraqi front, where an unofficial truce has been ongoing for more than a month.”

The report stated that Washington recently renewed the exemption from sanctions that gives Iran access to $10 billion in frozen funds, an exemption that allows Tehran to use electricity revenues from Iraq to support the budget and pay off debts, and comes 4 months after a similar exemption.

The report quoted a source close to the Hezbollah group in Lebanon as saying that this exemption appears to be one of the indicators that the administration of President Joe Biden “is showing the extent of its willingness to win over the Iranians in this sensitive period of the war in Gaza, and with the drums of electoral war beginning to beat in The United States,” adding, “It does not seem that Biden is ready for a major adventure that might consume more of his political capital.”

After the report pointed out that Washington and Tehran had for years engaged in talks through mediators in Amman, Geneva and other cities related to Tehran’s nuclear ambitions, ballistic missile program and regional spheres of influence, it said that the recent talks in the Sultanate of Oman turned towards maintaining regional security and finding ways to prevent the outbreak of war. Widespread attacks in the Middle East after the Hamas attack on October 7, which sparked Israel's war in Gaza and led to the mobilization of armed factions allied with Iran throughout the region.

The report stated that armed factions in Iraq and Syria launched attacks on American forces in the context of a coordinated front since the outbreak of the war in Gaza to pressure for an immediate ceasefire in the Palestinian territories.

The report continued, citing sources in Baghdad and Beirut, saying that the last strike carried out by these factions was on February 4, adding that the cessation of attacks against American forces was part of an “undeclared truce” that included Tehran and the Iraqi government, after the attack that killed 3 Americans were killed on the Jordanian-Syrian border, and Washington attributed them to the "Islamic resistance in Iraq" supported by Iran, which includes the "Hezbollah Brigades."

The report noted that Quds Force Commander Ismail Qaani then traveled to Baghdad and met with faction leaders in order to push for a quick breakthrough. Shortly thereafter, Kataib Hezbollah announced the suspension of its military operations against American forces in Syria and Iraq to prevent “any embarrassment” to the government in Baghdad, while a source in Beirut close to the anti-Israel front said, "It is difficult not to imagine that the Americans are part of that."

The report continued that Hezbollah in Lebanon is waging a controlled war of attrition against Israel, while the United States has devoted great efforts to achieving a truce and preventing the escalation of the conflict, as such a war could have devastating consequences for Lebanon and Israel, and may ignite a broader regional confrontation.

The report added that while Hezbollah rejects attempts mediated by the United States to call for a truce before reaching a ceasefire in Gaza, the party has also not shown much interest in involving itself in a major war with Israel, while Israel carried out deeper attacks inside Lebanon in In recent weeks, with the aim of removing the party from the south using a tactic that Israeli officials described as either diplomacy or force.

The report quoted sources in Beirut close to the ongoing diplomatic efforts, saying that arrangements to begin negotiations to end the border conflict between Lebanon and Israel are progressing despite fears of a large-scale war with Hezbollah, as the deal is brokered by the American envoy Amos Hockstein and the Speaker of the Lebanese Parliament, Nabih Berri. He is the head of the Amal Movement, which is close to Hezbollah, as there is no direct American communication with Hezbollah.

According to two political sources close to Hezbollah, Ismail Qaani traveled to Lebanon several times in recent months in order to meet with Hezbollah leader Hassan Nasrallah and discuss ways to continue pressure on Israel without entering into a wide-scale war. But one of the sources said, “The Iranians did not go to tell Nasrallah: We do not want to get involved in the war with Israel.” Instead, they went to coordinate the work of the Quds Force (with Hezbollah).”

The report stated that American and Iranian officials told the Financial Times last week that the United States held secret talks with Iran last January in the Sultanate of Oman in order to try to persuade Tehran to use its influence over the Houthi “Ansar Allah” movement in Yemen in order to Ending attacks on ships in the Red Sea.

However, the report said that a high-ranking Western diplomat, who recently toured the front lines between Israel and Lebanon, questioned Washington’s ability to limit the regional impact of the conflict in Gaza, especially in Lebanon, saying that “the regional war is already continuing,” referring to the front. Between Hezbollah and Israel, adding that the Gaza war revealed Israel's weakness in the face of any multi-faceted attacks by factions allied with Iran, as Hezbollah has more military spending and missile capabilities than Hamas.

The report continued that the existential threat posed by Hezbollah's attacks after last October 7, which appeared in the inability of tens of thousands of Israeli residents to return to their northern border towns, highlights Israel's motives for pushing its enemy to retreat.

The report quoted the informed source as saying, “The only way to deal with this threat is to significantly remove Hezbollah from the border, and it does not matter whether the Americans agree to that, because the Israelis do not listen to them anyway.”  Translated by: Shafaq News  LINK

Parliamentary Finance: The Central Bank promised to launch construction loans, 21 MARCH

Parliamentary Finance: The Central Bank promised to launch construction loans

Information / Baghdad
The Parliamentary Finance Committee revealed, today, Wednesday, the Central Bank’s intention to support banks through loans, while indicating that the Ministry of Labor has opened the platform for applying for small project loans.

The representative of the committee, Mustafa Al-Karaawi, told the official agency, “The committee called, during its hosting of the governor of the Central Bank, to support the banks, especially in the issue of loans,” noting that “the governor of the central bank promised the committee to launch loans, especially the Real Estate Bank, to support the construction movement.”
He added, “Loans for small projects will be through the Ministry of Labor, which in turn has opened a platform to provide unregistered people who have not benefited from previous loans in order to support projects, with the value of the loan reaching 50 million dinars.”

almaalomah.me

"RV UPDATE" BY MARKZ, 21 MARCH

  MarkZ  

 [via PDK] 

 I think the news is getting restricted as we get closer. I think the quiet is a positive sign. A number of sources were given cautionary notices to be quiet or NDA’s. So to me it’s a great sign that things are quiet... Contacts in Iraq and around the world still think we are within days…but they have thought that before….so not going to jump out of my skin just yet. The quiet is probably the thing that is the most encouraging to me right now.

...I've been told absolutely clear that it does not matter circulated or uncirculated to participate and that makes sense...

  I have a number of banking contacts that have launched into overdrive for this week …Lots of people expected announcements overnight last night...

the electronic platforms being wildly successful is key to them implementing their change in value. And the Real Effective Exchange Rate (REER) is expected this week according to Iraqi contacts.  Most of my Iraqi contacts expect it by April 1st. Praying they are right. 

Iraqi Dinar🔥Even Bigger Announcement Very Important Tonight For Iraq 202...

UNITAD ends work ‘early’ after straining relations with Iraqi government, 21 MARCH

UNITAD ends work ‘early’ after straining relations with Iraqi government

Shafaq News / A United Nations mission formed to help Iraq investigate accusations of genocide and war crimes by ISIS, was forced to finish its work early before completing the investigations, after its relationship with the Iraqi government was strained, according to Al-Hurra.

The cancellation of the mission, formed in 2017, comes nearly 10 years after the terrorist organization overran large areas of Syria and Iraq, while many of the organization’s victims remain displaced in the camps and yearn for justice.

Christian Richer, head of the UN investigation team to promote accountability for crimes committed by ISIS, told Reuters in an interview: “Has the work been done? Not yet, and that’s pretty clear.”

He added: “We need more time. And if we set a deadline in September 2024, we will not have completed the progress of investigations or other projects, such as a central archive of millions of evidence.

Critics of Iraq’s decision to end the mission say it will hamper efforts to hold more ISIS elements accountable, after UNITAD team contributed to at least 3 convictions, on charges of genocide and other international crimes in Germany and Portugal.

They also say it casts doubt on Iraq’s commitment to holding ISIS members accountable for such crimes at home.

For his part, the prime minister’s foreign relations adviser, Farhad Aladdin, told Reuters that the investigation team was “no longer needed” from Baghdad’s point of view, considering that the team “did not cooperate successfully” with the Iraqi authorities.

He added that the mission “has not responded to repeated requests for sharing evidence, and must do so now before ending its work.”

https://www.shafaq.com/ar/سیاسة/يونيتاد-تنهي-عملها-مبكرا-بعد-توتر-علاقاتها-مع-الحكومة-العراقية

"RV UPDATE" BY PIMPY, 21 MARCH

Pimpy    [Response to Guru Jeff's budget/ exchange rate posts 3-19-2024 below]  

They are going to amend the budget with or without a rate change....Does it make sense for you to release the budget before they increase the exchange rate because then you have to turn around and redo the budget and make all the changes to the budget using the new exchange rate.

  So no, it doesn't make sense to release the budget before you change the exchange rate.  You would change the exchange rate then go through and amend all of your budget because the money you've allocated obviously has changed...

The suspension of the funds has to do with corruption.  The reforms can be activated without changing the rate.  They're going to reallocate revenue from oil to help fund all these reforms...