Monday, June 17, 2024
Sudanese on Eid: Committed to Iraq's sovereignty and extending the hand of law , 17 June
Sudanese on Eid: Committed to Iraq's sovereignty and extending the hand of law
6/16/2024
Today, Sunday, Iraqi Prime Minister Muhammad Shiaa Al-Sudani sent his congratulations to the Iraqis on the occasion of Eid Al-Adha.
Al-Sudani expressed, in a statement received by Shafaq News Agency, his calls for more goodness, security and stability for the Iraqi people and the peoples of the Arab and Islamic worlds. He also called for mercy and victory for the people of Gaza, stressing the necessity of repelling the aggression against them.
Al-Sudani stressed the renewal of the pledge with the Iraqi people of all categories and sects to continue hard work and diligence to achieve all provisions of the government program, which aims to meet the demands and aspirations of the Iraqi people and confront the challenges and difficulties that stand in their way.
Al-Sudani added that the government continues to bear its responsibilities towards Iraq's sovereignty, extend the hand of the law, liberalize and develop the economy, achieve progress and development, create creative opportunities, and combat social ills and corruption in all parts of the country.
The Acting Speaker of the House of Representatives, Mohsen Al-Mandalawi, also extended his congratulations on the occasion of Eid Al-Adha, and called, in a statement received by Shafaq News Agency, for concerted efforts to enhance security and stability and support the construction and reconstruction movement.
The Acting Speaker of the House of Representatives renewed his call on the international community to stop the Zionist aggression against Palestine and the countries of the region, stressing the necessity of serious and immediate action in order to break the siege on the Gaza Strip and bring in urgent humanitarian aid. LINK
Coffee with MarkZ. 06/17/2024
Al-Sudani confirms the progress of the fight against corruption “in every corner where it hides", 17 JUNE
Al-Sudani confirms the progress of the fight against corruption “in every corner where it hides"
6/16/2024
Prime Minister Muhammad Shiaa Al-Sudani stressed the progress of the fight against corruption “in every corner where it hides.”
Al-Sudani said in a statement, a copy of which {Al-Furat News} received on the occasion of the blessed Eid al-Adha, “I extend my best congratulations and blessings to our honorable Iraqi people on the occasion of the blessed Eid al-Adha, coupled with my sincere prayers to the Creator, the Almighty, to repeat this occasion for our people in all parts of Mesopotamia.”
And the peoples of the Arab and Islamic worlds, with more abundance of goodness and the blessing of security and stability, and to bestow His victory and mercy upon our patient people in Gaza, and to repel aggression from them.”
He added, "I turn to the Almighty to accept the good deeds of those who performed Hajj to His Sacred House, and to return our Iraqi pilgrims safely, winning God’s forgiveness and satisfaction, and enjoying His abundant mercy. He is the best Lord and Helper."
On this occasion, Al-Sudani renewed “the bond of responsibility and covenant, with our people of all categories and sects, to continue work and diligence, and to exert efforts and energies, to achieve all the components of our government program, which is a realistic extrapolation of the demands and ambitions of our people, and an actual and field response to confront all the challenges and difficulties that stand in their way.” ".
He continued, "Just as we affirm the continuation of our responsibilities towards the sovereignty of Iraq, extending the hand of the law, liberating and developing the economy, bringing about progress and development, creating creative opportunities, and combating all social ills and corruption in every corner where it hides, Eid Mubarak and acceptable work, and may the Iraqis’ days last in joy and happiness. “Iraq will remain proud and strong under the shadow of its honorable sons and family.” LINK
"EU Basel 3 Announcement" BY GOLDILOCKS, 17 JUNE
GOLDILOCKS
EU Basel 3 Announcement:
The Fundamental Review of the Trading Book (FRTB) is a comprehensive suite of capital rules. They are developed by the Basel Committee on Banking Supervision (BCBS) as part of Basel III. Their intentions are to apply these rules to banks' wholesale trading activities.
The EU plans to delay FRTB because moving first would put EU banks at a competitive disadvantage to US banks.
This is a coordinated effort globally. Where one goes, we all go. Europe has given themselves a back wall date of January 1st, 2025 to to fully implement Basel 3 requirements. It looks like they have moved into a place that other countries are going to have to catch up to going forward.
Look for gold to be reclassified during this time and the digital economy to go ahead and move into its mass adoption.
© Goldilocks
https://www.icmagroup.org/market-practice-and-regulatory-policy/secondary-markets/secondary-markets-regulation/fundamental-review-of-the-trading-book-frtb/
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