Monday, July 22, 2024

Iraq And The US Elections... Limited Impact. 22 JULY

 Iraq  07/22/2024  The world is awaiting the results of the US elections scheduled for next November, which seem to be the most exciting in recent decades, after being dominated by personal touches and the conflict between the current president (Biden) and the previous one (Trump). Iraq is not excluded from the American spotlight, as it is a link between a number of international and regional parties.

Academic and researcher in political affairs, Dr. Abdul Aziz Al-Issawi, warned that Iraq's political situation is different from its previous situation, indicating that the Iraqi government is proceeding to zero diplomatic relations with the United States.

Al-Issawi told Al-Sabah: "We are not in 2006 or 2010 or 2014 when Iraq needed the international coalition, so the impact of the US elections is less than before." He added that "Iraq will not be affected by America and vice versa, as Iraq is no longer a major file to influence the US elections, as it has been preoccupied with the war in Gaza and Ukraine."

He continued, "There is talk that US policy is different with the arrival of Trump, and this is not true, because it is a state of institutions." He stated that "when Trump lost the previous elections and refused to hand over power, it was legally taken from him,

" stressing that "some link the elections in Iraq to the elections in America, while there is no impact, because the current government has drawn the course of foreign relations and is proceeding to zero out relations with everyone, so that the relationship with Washington will be more diplomatic."

Al-Issawi pointed out that "the time of the expansion of American influence is over, and therefore the American elections will have less impact on Iraqi politics."

For his part, political analyst Dr. Majash' Al-Tamimi stressed the importance of the upcoming American presidential elections.

Al-Tamimi told Al-Sabah: "The United States and Iraq are allies according to a security agreement and another strategic agreement that includes non-military and security matters," adding that "the United States considers Iraq part of its national security, while Iraq considers the United States an important ally with its strength in the economy, security and other matters, as its foreign trade is in US dollars and its money is deposited in the US Federal Reserve," stressing that "Iraq is affected by what is happening in America."

Al-Tamimi continued: "Accordingly, I do not think that the Republicans' victory in the elections will greatly affect Washington's policy towards Iraq, because Iraq wants this relationship to continue."

 He stressed that "the American presence is important for Iraqi national security, as American forces provide protection for the largest ISIS camp in Syrian territory, and in the absence of American support there will be negative effects on Iraqi internal security." Editing: Mohammed Al-Ansari   https://alsabaah.iq/99726-.html

GINGER INTEL , PART 1, 22 JULY

 PART 1/2 -- The Good, The Bad & The Beautiful ☺️πŸ’— Here's your Gintel for the weekend 😁⬇️  7.21.24 


πŸ’’THE GOOD - Let's review some facts, which I've confirmed from real, live people that we trust. Boots on the ground types. Everything I'm sharing is from my own digging and my dear friends who are gracious enough to feed us very trustworthy information. 

·⭐ We've confirmed that Iraq's in-country rate is indeed in the range of $3.60 - $4.00 (vetted ✅ from Iraq) 

·⭐ We've confirmed that German Bonds are paying out. More excitingly, this is confirmed by German friend in Germany whose friend's GBs have been processed. ✅ 

·⭐ We have also confirmed that other European Bond contacts are extremely excited and confident that they will be finished by End-of-Month, according to their group leaders. This is coming from multiple sources. ✅ Stay calm & guarded - because the pace of events still remains to be seen. ☺️


πŸ’’THE BAD - I'm kinda surprised how really hush hush things are on the heels of Iraq's WTO accession meetings. 🀐 Dang! They don't want to squeak a leak, do they?! πŸ˜πŸ˜† I feel your angst and your distress in the waiting. I get it. I shared recently with the family in GLL Chat that I try to be truthful. I think I might have been the only person on these pages who said I actually thought Iraq might not announce their rate before the WTO meeting on July 18, although I wanted to be wrong. I felt they would take time to put their final steps in motion for the official announcement to the world of their new rate. Lots of gurus suggested that Iraq had to have it done before 7.18.24. And here we are.... Still waiting... I'm glad I at least gave many of you that cautious expectation for those who cared to ask for my thoughts on that topic. My own reflection on that - gut feeling - assisted me greatly in the days following that monumental meeting on Thursday. I've felt settled. At peace πŸ•Š️

·πŸŒΊ I'm totally understanding as to why Iraq has to be so secretive! 🀐 Let's remind you of these key factors: Their new rate is in budget which has been published (secretly) in the June 23rd edition of their national Gazette. While some good guys refer to it as "the lost papers" - we like to think of it as "hidden" (intentionally). It's not just being hidden from the Iraqi citizens, it's being hidden from Parliament and the international community as well. It's all part of keeping this big reveal in the shadows, keeping these groundbreaking facts close to the chest. At just the right time, we know this will be revealed to the masses. On the positive side, we in Tier 4B can go before the Gazette details are made known. ➡️ I actually prefer this expectation due to the fact that this scenario would further keep the huge news sequestered so it's truly a "Private Exchange" for us; and the world won't let on to what's truly going on - yet - until it's time to go public. This is still very much a possibility. πŸ™‚

 

·πŸŒΊ Misinformation is so needed right now. But facts are, Reno is still quiet - on Alert, but not on High Alert YET. This isn't bad news considering we know of other hot spots where news is favorable. πŸ™ I just want to be balanced and fair and not hurt people with forced - or false - expectations - and if something is a rumor, I'll tell you. 

PART 2/2 NEXT ⬇️ ~ Ginger

It's The End of The Old Banking System and Return to Gold

"WORLD MARKETS WHY WOULD YOU TRADE WITH IRAQ WITH A PROGRAM RATE?... OH MY BAD YOU'RE NOT." BY FRANK26, 22 JULY

 KTFA

FRANK26: "WORLD MARKETS WHY WOULD YOU TRADE WITH IRAQ WITH A PROGRAM RATE?... OH MY BAD YOU'RE  NOT."..........F26

ITC Provides Skills to Support Iraqi Trade

JULY 12, 2024

By John Lee.

The International Trade Centre (ITC) has organised a tailored training programme providing in-depth insights and practical tools for policymakers who are working to increase Iraq's trade.

The training focused on project management and value chain analysis.

According to a statement from ITC, participants learned to screen markets, analyze trade indicators, and prioritize products with the most trade potential while taking into account competitiveness issues.

They also gained skills to analyze the work of everyone along the value chain, looking for new market opportunities and for entry points to make trade more inclusive of women and youth.

In the project management component, the programme included sessions on activity and resource planning, and the development of robust project proposals. These sessions showed how to plan and execute projects successfully.

The training came through the EU-funded SAAVI initiative, which stands for Strengthening the Agriculture and Agri-Food Value Chain & Improving Trade Policy in Iraq.

Participants were selected from the Ministry of Planning, Ministry of Agriculture (MoA), and Ministry of Trade (MoT).

The programme featured both international and national experts from diverse fields, ensuring a sturdy mix of theory and practical application. A notable component of the training took place in Amman, Jordan, where participants engaged with regional agribusinesses to explore opportunities and potential solutions.

Participants benefitted from training sessions and field visits in collaboration with development consultancy Eco-Consult. This hands-on experience demonstrated advanced techniques and strategic thinking from neighbouring countries.

Lujain Mustafaa, Head of International Relations at the Ministry of Planning (MoP), said:

"The training touched on many topics related to the policy, strategies, and value chain.

"As we work with the MoP, this type of training allows us to witness the strategic thinking of other countries. The field visit demonstrated how next-door countries have advanced techniques, that we aspire to implement in Iraq. It highlighted how economic growth can be driven by the agriculture value chain."

Rasha Saleh, from the World Trade Organization (WTO) department at the MoT, added:

"This training was different and practical for the Ministry of Trade. The group work, where we brainstormed with representatives from various ministries, was particularly engaging. It was a valuable experience."

Participants were awarded ITC certificates at the concluding session held in May 2024 in Baghdad. Through this initiative, Iraqi officials acquired valuable knowledge and tools for effective policymaking, planning, and execution of agricultural and trade-related projects, ultimately contributing to the country's economic growth and sustainability.

Over three years, the SAAVI project has diligently worked on strategy design, building commercial value chain alliances, enhancing youth employment skills, and improving Iraq's trade policy to support the country's WTO accession process.

The International Trade Centre's SAAVI project is funded by the European Union and implemented under the leadership of the Government of Iraq in partnership with the Ministry of Planning, Ministry of Agriculture and Ministry of Trade.


LINK

Q & A - Question about RC Appointments. My reply follows BY GINGER, 22 JULY

 πŸ’’πŸ’’Q & A - Question about RC Appointments. My reply follows.


πŸ’’Q: Ginger, if/when it does happen, do you think there will be leniency in scheduling an appt, or is it dictated to you, very short timeframe, and you can't miss that appt?? Just curious!..and thank you for your thoughts!! ❤️


πŸ’’A: For those taking the regular notifications route --- You may choose your appointment time. No leniency if you miss. It's not like they can just squeeze you in later that day because they will eventually have tight appointments booked all day and well into the night.


Some RC may be even running 24 hrs in certain areas (such as Texas where they have the highest number of Zim Bond holders in that State than anywhere else in the world. Florida has the 2nd most Zim holders.) Most areas may have extended hours of operation beyond normal banking hours, while not operations through the night. 


If you set an appointment: 


If you're really late or miss your appointment, you'll be placed at the back of the line and given a chance to reschedule after the people who didn't miss their appointment get to be seen, which might be two weeks later, possibly.


At one time I understood that there would be about 30 days for processing these transactions. This week someone said that the timeframe given for these transactions would be about 15 days. TBH, I'm not sure I believe it due to the fact that I've been told people who are traveling, such as for business, leisure, family emergencies, etc, may not be able to come in at a brief window of merely a two week period. So, what are they gonna say? "Forget you - You missed it. Too bad for you!" πŸ€”??? No!!! I don't believe that would happen. I don't believe that one bit.


I'm sticking to what I've learned in the past -- You will likely have up to ten days to MAKE (book/schedule) your appointment and you must be seen within 30 days OF making that appointment. This is what makes sense to me. There's some flexibility here in this scenario for people who are traveling, those who are in a health rehab facility and need a little bit more time to regain their strength so that they can attend the redemption appointment -- because NO, someone cannot have another person attend their appointment on their behalf. It will not work that way. (As I've said many times before, if you're in a group that is awaiting private contact, you are welcome to disregard this post because it wouldn't apply to you, per se.)


Also, while I'm at it, let me add this --- when you call the number and/or respond to the Safe Link website and you get to speak to someone, if there are special extenuating circumstances for you, let them know. 


Are you Handicapped? Need assistance? They will provide it.


No vehicle and no transportation to get there? They will possibly send you money for hiring a driver.

 

Bedridden? Unwell and unable to leave your home? They may even send someone to your home. Just ask.


~ Disclaimer: I'm not a financial advisor. I'm not responsible for the financial decisions others make. Everyone is encouraged to do their own research and make decisions based on what feels best for you.

DINAR INVESTORS: Manipulating budget tables is a “dangerous matter” due to final accounts

"THE GAP IS BETWEEN 1320 & THE FLOAT THAT IS COMING." BY FRANK26, 22 JULY

 KTFA

FRANK26: "THE GAP IS BETWEEN 1320 & THE FLOAT THAT IS COMING."........F26

Economist draws a map to reduce the gap between the official and parallel dollar rates

7/13/2024

  
An economic expert stressed the need for the Central Bank of Iraq to address the difference in the official dollar exchange rate and the local {parallel} market.

 

Mustafa Akram told {Euphrates News} agency that "the dollar exchange rate from the Central Bank is 1320 dinars, and if it reaches 1350 dinars, we can say that it is in a state of relative stability, but more than these rates are considered a risk in the exchange rate or a gap."
He explained that "this issue requires the Central Bank to dismantle the contents of the parallel market and not fight it for security reasons, by identifying platforms for imports, and identifying types of electronic payment cards for travelers to countries where the sale of dollars is prohibited, as these cards work in the currencies of those countries."
Akram pointed out "the identification of public agency companies that give dollars to retail traders and imports are done through them, and stability and credibility are the basis for work in dismantling the parallel market. This gives greater confidence to the international community and avoids accusations."  He
called on "the Central Bank to gather the scattered papers and for foreign trade to be less than the current one by supporting industry and agriculture and reducing equations. This is the direction that should be."

Raghad

LINK