Washington Condemns The Attacks On The Kurdistan Region And Affirms Its Support For Achieving Security And Stability In Iraq
Saturday 27, April 2024 18:44 | Political Number of readings: 71 Baghdad / NINA / The US State Department on Saturday strongly condemned the attacks on civilians and energy infrastructure in the Kurdistan region.
The Ministry stated in a statement that it "strongly condemns the attacks on civilians and the energy infrastructure in the Kurdistan region. Our condolences to the families of the victims and wish a speedy recovery to the wounded.
The Ministry affirmed that such attacks affect the sovereignty of Iraq. We encourage the authorities to investigate and bring those responsible to justice."
Iraqi citizens know, everybody with a contract with Sudani knows. It's no longer a secret, it's no longer a game. Notice the pattern...When you go to the banks now are they saying it's a scam? No they're not anymore...Instead they tell you very politely, 'Ok, we're not exchanging that currency at the moment.'
...Relax. It's coming...
Question: "Will Aki [Walkingstick's Iraqi Bank owner here in the US] exchange dinars for US citizens at his bank?" Yes! That's the whole purpose.
Some other guru says, 'Oh, they're waiting for Article VIII.' Man, when you hear someone say that you got to run as far away from them as possible. Article VIII is ancient history. It's older than mythology ...They've been in Article VIII for over a year and a half. Catch up.
Shafaq News / Prime Minister Mohammed Shia Al-Sudani, when receiving the Secretary-General of the League of Arab States, stressed the importance of activating the charters and agreements on joint Arab action, especially related to economic integration.
The Information Office of the Prime Minister said, in a statement received by Shafaq News, that “Prime Minister Mohammed Shia Al-Sudani, received this evening, the Secretary-General of the League of Arab States, Ahmed Aboul Gheit, who is currently visiting Iraq, to participate in the Arab Action Conference, which was launched in Baghdad today.”
He continued: “During the meeting, they discussed joint Arab action and the importance of activating its charters and agreements, especially those related to economic integration and other agreements that enhance the strength and status of the Arab system, in order to achieve the aspirations of Arab countries and peoples.”
The Prime Minister, according to the statement, renewed Iraq’s principled position on what is happening in the occupied Palestinian territories, stressing “the need for Arab efforts and positions to unite in order to end the suffering of the brotherly Palestinian people.”
When gold and other commodities explode to the upside, currencies begin to collapse within themselves.
This is when credit valuations begin to be measured and implemented based on new price patterns developing on the market. It is a result of old calculations and correlations falling apart.
Here, we will see currency interventions take place after the the de dollarization process provides a bridge to the new digital gold standard economy.
Association of Banks: Iraq is witnessing great development in the transition to electronic government
The Iraqi Private Banks Association confirmed today, Friday, that Iraq is witnessing great development in the transition to electronic government, and while it indicated that government support for the Iraqi dinar led to a gradual increase in its value, it revealed a trend to increase the number of electronic banks to keep pace with technological development and increase performance. .
The president of the association, Wadih Al-Handal, told the Iraqi News Agency (INA) that he “participated in the Arab Economic Security Forum organized by the Union of Arab Banks in Beirut,” pointing out that “the forum is being held in complex circumstances and geopolitical changes taking place in the region, and the banking sector has begun to be affected.” Arab, starting with the State of Iraq.
He added, "Iraq is still facing major challenges at various economic levels, including depriving the Iraqi private banking sector of using the dollar, which has exceeded half the number of banks operating inside the country, which is a very dangerous indicator, despite the efforts of Iraqi governmental and private institutions to comply with laws against money laundering and terrorist financing." Local and international, but for the first time we are witnessing a clear targeting of the sector, which has begun to affect banking services within the country, undermine citizen confidence, and hinder the expansion of financial inclusion.”
He pointed out that "these challenges facing the banking sector reaffirm the prominent role played by the Union of Arab Banks, international organizations and Arab banks in coordinating positions and confronting dangers together," noting that "our meeting represents an opportunity to cooperate and agree on an action roadmap for the future." “The targeting of the Iraqi banking sector will not stop within its borders, and may expand at any moment to other countries in light of the regional turmoil.”
He pointed out that "the Association of Private Banks is working with the Iraqi government, the Central Bank, and some local and international institutions, to save the banking sector and return banks deprived of dealing in dollars to their activities, but this is not enough. Rather, it requires continuing cooperation with the Arab and foreign banking sector, because the stage of merging the banking sector The Iraqi government and its Arab counterpart must begin quickly, and we are taking great steps in this direction, especially since Prime Minister Muhammad Shiaa al-Sudani held dialogues in Washington with the American president and other government officials, who announced in a joint statement the possibility of a group of Iraqi banks returning to dealing in dollars and supporting...
The private banking sector.Al-Handal praised "the efforts of the Iraqi government and the Central Bank of Iraq to create deeper understandings with international banks, the Federal Reserve, and the US Treasury to expand the integration of the Iraqi banking sector into the global financial system, in addition to supporting the Iraqi dinar, which led to a gradual rise in its value."
He continued, "Iraq is witnessing a great development in the transition to electronic government and the adoption of electronic payment, and this is what leads to the growth of the digital economy, especially since there is a trend within the country to increase the number of electronic banks, to keep pace with technological development and increase performance." link