Friday, April 5, 2024
Iraq will become an "alternative" to the Suez Canal , 5 APRIL
Iraq will become an "alternative" to the Suez Canal
4/5/2024
Reports published by Reuters International and Splash News Agency, today, Thursday, described the large Al-Faw port project, which was expected to be completed next year, as “an alternative to the Suez Canal,” stressing that “Iraq will become, during the next few years, a “center” for international trade between the East and the Middle East.” And the West.”
Reuters said, according to a report translated by NRT Arabic, that the Gulf countries are fully aware of the economic development taking place in Iraq, which is expected to increase soon with the completion of the Al-Faw port project and “huge” business projects, including Gulf investments in the country through the establishment of residential complexes and tourist hotels, indicating, “The Gulf has begun... "He is testing the waters by transferring his international investments to Iraq."
She continued, "According to Gulf expectations, Baghdad will become one of the most important Arab capitals for the next twenty-five years," explaining what Splash Agency reported about the expected development of the Iraqi economy through the end of the Al-Faw port, which she said would turn Iraq into an "alternative" to the Suez Canal and an international trade corridor connecting Between East and West.
The agency also confirmed that the new port will be able to receive goods and goods and transport them through Iraq to Turkey and then Europe in a “huge and unprecedented” manner by receiving cargo ships and giant oil tankers, which will “contribute” to transforming Iraq into an oil export center in addition to its new location as an alternative. About the Suez Canal, according to its description.
The agency also noted that the Al-Faw port project, which has been stalled since 2010, is expected to end next year with the Iraqi authorities insisting on ending it after concluding an agreement with Turkey to establish railways and roads worth $17 billion, ensuring that the two countries will transform into a commercial transport point. Goods and commodities between the continents of Europe and Asia.
It is noteworthy that the agency also indicated that the limited transportation of ships through the Suez Canal, which allows the passage of a small number of tankers and giant trucks, will help transform the large Al-Faw port and its transportation route into a “suitable alternative” that allows the movement of very large quantities of goods and commodities without long waiting periods, according to the agency. Describe it. LINK
"RV UPDATE" BY MARKZ, 5 APRIL
MarkZ
[via PDK]
Comment: Praying this is the weekend we have been waiting for.
MarkZ: I’m with you about this weekend. Either way I feel doggone good about April...A lot of people have been told its coming - It’s coming for so long that they don’t jump anymore when told its time for things…now suddenly it appears its time for things – so a bit of scrambling going on.
I know a person in banking that helped to set up 3 redeeming locations. Now whether you want to call them redemption centers or redeeming banks …these are locations that have trained their personnel and has the equipment to handle the process. You can call it whatever you want. One location in N. Carolina borrowed my currency and me to help make certain their staff was trained. For me they are very real.
Evening News with MarkZ 04/05/2024
"RV UPDATE" BY WALKINGSTICK, 5 APRIL
Walkingstick
Sudani is not going to go see Biden with a resigned executive order 13303 because it means the monetary reforms new exchange rate is free as bird to come out. It means Iraq is a sovereign nation now with a sovereign currency...Sudani goes to Washington on the 15th...to announce a new sovereign and confident Iraq under new the new leadership of Sudani and his staff...
Executive order 13303 was the protection of the DFI funds of their oil money. All protected by the United States of America...
No one could sue Iraq. Now it's different, this executive order has come to an end...Iraq's new currency exchange rate is under the DFI funds... 13303 was not sighed. This is good. It is fantastic because...as long as the executive order was in place Iraq could not reinstate its currency...
There's nothing like the facts. Everything they're telling the Iraqi citizens is a fact because it's coming from the right sources.
https://dinarevaluation.blogspot.com/2024/04/rv-update-by-walkingstick-5-april.html
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