Monday, August 19, 2024
THE IMPORTANCE OF THE MEETING OF JUDGE FAIQ ZEIDAN AND THE US EMBASSY BY DINAR REVALUATION, 20 AUGUST
Judge Faiq Zeidan and the US Embassy Judicial Attaché Meeting in August 2024
Judge Faiq Zeidan, a prominent figure in Iraq's legal system, met with the judicial attaché at the US embassy in August 2024 to discuss a series of joint legal files. The meeting underscored the ongoing collaboration between the Iraqi judiciary and the US legal system, highlighting efforts to strengthen bilateral ties and address mutual legal concerns.
Importance of the Meeting
The discussion between Judge Faiq Zeidan and the US embassy's judicial attaché centered on various joint legal files that are crucial for both nations. These files typically encompass a range of issues, including extradition requests, mutual legal assistance in criminal matters, and the handling of cases with cross-border implications.
Strengthening Legal Cooperation
The meeting was part of broader efforts to enhance legal cooperation between Iraq and the United States. By addressing joint legal files, both parties aimed to streamline judicial processes, improve the sharing of information, and ensure that their legal systems remain compatible and responsive to each other's needs.
Impact on Iraq's Legal Landscape
Judge Faiq Zeidan's engagement with the US embassy's judicial attaché also reflected Iraq's commitment to modernizing its legal framework. The Iraqi judiciary has been working to align its practices with international standards, and such meetings are key to achieving these goals.
Challenges and Opportunities
While the meeting underscores the progress made in legal cooperation, it also highlights ongoing challenges. Issues such as the sovereignty of national legal systems, the complexity of international law, and the need for effective communication remain critical to the success of such collaborations.
Conclusion
The August 2024 meeting between Judge Faiq Zeidan and the US embassy's judicial attaché marked a significant step in the ongoing legal dialogue between Iraq and the United States. Through continued engagement and cooperation, both nations aim to address joint legal files effectively, fostering a stronger, more integrated legal relationship.
Judge Faiq Zeidan receives the judicial attaché at the US embassy and discusses with it a number of joint legal files, 20 AUGUST
Mawazine News – BaghdadThe President of the Supreme Judicial Council discussed, on Sunday, with the American judicial attaché Ellen Andrezi, the joint legal files between the two countries.
The Media Center of the Judicial Council, received by Mawazine News, stated that “the Chairman of the Supreme Judicial Council, Judge Faiq Zidan, received today, Sunday, the judicial annex to the US Embassy in Baghdad, Ms. Ellen Andrezi.”
“Judge Zidane discussed with her a number of common legal files,” he added.
LATEST FROM NADER FROM MID EAST, 19 AUGUST
Nader From The Mid East
The U.S. is not a hold up. You guys can call it like that but the US is not a hold up. They want to really help the economy in Iraq. Because they destroy it, now they want to build it again. They're waiting for the right moment to put it back normal.
Nader From The Mid East
1310...1160...1400 never worked. They just come out with number and give it to us and sometime you wake up and they take 1310 and sometime you can wake up and they tell you 1160 and sometime 1400...Don't tell me it worked because I know in my heart it's not 1310. It never worked for 21 years. It made the people poor. It made the economy bad. If it's going to stay like that the next couple of years it's going to make the economy worse. They're going to have to change it.
[Iraq former government/UN employee friend Imad from Basra update]
Urgent In numbers.. The Central Bank buys dollars from the Ministry of Finance in an unprecedented move since 2003, 19 AUGUST
Urgent In numbers.. The Central Bank buys dollars from the Ministry of Finance in an unprecedented move since 2003
An economic expert revealed an “unprecedented” figure for the value of the dollars purchased by the Central Bank of Iraq from the Ministry of Finance during the month of July.
The Central Bank of Iraq purchased $9.6 billion from the Ministry of Finance in July 2024, the highest value since the bank began purchasing dollars from the ministry in 2003," Manar Al-Obaidi said in a statement received by {Euphrates News}.
He added, "The purchases did not exceed this value during the past ten years except once in October of last year, at $10 billion."
Al-Obaidi explained, "Thus, the rate of dollar purchases from the Central Bank for the year 2024 has reached $5.9 billion per month, the highest over the past ten years, with an annual growth rate of 10%. The growth rate had previously risen in 2023 to 20%."
He attributed "this increase in purchases to the Ministry of Finance's need for local currency to cover its increasing expenses over the past years, especially with the increase in operating spending and raising the level of spending in the 2023, 2024 and 2025 budgets."
Al-Obaidi expected that "this rate will rise in the coming months with the Central Bank's inability to meet the need for Iraqi dinars, which may force it to increase the issued monetary mass to meet the ministry's expenditure needs." link
"THEY ARE TELLING YOU THEY WILL CHANGE THE RATE " BY MAJEED VIA TWITTER, 19 AUGUST
MAJEED
Iraq
Government Advisor Explains The Possibility Of Using The Dinar Instead Of The Dollar In Oil Sales
Money and business Economy News – Baghdad The Prime Minister's Advisor for Financial Affairs, Mazhar Mohammed Salih, clarified today, Sunday, what is being circulated in some media outlets regarding the possibility of using the dinar instead of the dollar in oil sales.
Saleh said in an interview with the Iraqi News Agency, followed by "Al-Eqtisad News", that "the adoption of the dinar in the pricing of oil, or what is called (petro dinar), especially when the national currency is not one of the international reserve currencies, requires the availability of foreign reserve currencies or gold, as Russia di..FOR READ MORE: https://dinarevaluation.blogspot.com/2024/08/government-advisor-explains-possibility.html
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