TO 𝙄𝙌𝘿 𝙃𝙤𝙡𝙙𝙚𝙧𝙨: What would you do if you woke up tomorrow morning and suddenly realize you are a multi millionaire 3 times over? Are you all ready for that type of money?
Because at this point I am expecting the rate change at any moment.
When you exchange don't act like you don't know how to log on to X and speak.
Because a lot of you all about to start acting bad & bougie.
Anyway I hope you all bought all you need. The rate release is but a glance away.
Al-Sudani's Participation in UNGA and Banking Reforms
Prime Minister Muhammad Shia Al-Sudani arrived in New York for the 79th UN General Assembly session, involving multiple speeches and sideline meetings.
Key discussion topics include strengthening cooperation, facing global challenges, and affirming commitments.
Sudani's advisor highlights that Iraq's banking system is rentier, heavily reliant on oil resources and government liquidity.
Comprehensive reforms are needed to transition Iraq towards a market economy, with potential assistance from Ernst & Young.
Privatization of two large state banks is anticipated to enable integration with the international financial system.
Al-Sudani announced a higher committee to align Iraqi banks with international financial standards and improve relations with global financial entities.
Previous discussions at the Davos meetings emphasized restoring confidence in the international financial system, spotlighting Iraq’s role.
Iraq and the U.S. Embrace Digital Transformation in Shipping Ports
Iraq and the United States are advancing their shipping port operations by integrating them into the Quantum Financial System, a move that underscores the nations' commitment to enhancing trade and currency valuation.
Iraq is spearheading the digitalization of its maritime sector by planning to establish a maritime single window for its major ports, notably Um Qasr (North and South). This initiative aligns with IMO's mandate, requiring all member states to use a one-stop digital platform to streamline information exchange among stakeholders involved in ship operations as of January 2024.
The implementation of a maritime single window system will significantly reduce time and costs, benefiting over 80% of Iraq's imported goods that pass through the Um Qasr ports. The system will eventually be extended to the Al-Faw Grand Port, scheduled for opening in December 2024, and other Iraqi ports.
The integration of Iraq's shipping ports into the Quantum Financial System and the digitalization efforts suggest a strategic shift toward enhancing economic ties and trade facilitation. This move could potentially strengthen currency valuation and improve the efficiency of maritime operations, positioning Iraq as a key player in regional trade.
Summary
Iraq and the U.S. are integrating their shipping ports into the Quantum Financial System, enhancing trade and currency valuation.
Full Text of Al-Sudani's Speech at the Future Summit in New York 2024
As of September 23, 2024, the exact full text of Prime Minister Mohammed Shia al-Sudani's speech at the Future Summit in New York has not been directly sourced. However, insights from recent events and statements provide a context for what might have been discussed. [2]:url2.
Prime Minister al-Sudani attended the opening of the Future Summit on Confronting Future Challenges in New York. The summit, held on the sidelines of the 79th session of the United Nations General Assembly, aimed to address global challenges and foster international cooperation. Al-Sudani was set to deliver Iraq's speech at the summit, focusing on sustainable development indicators and advocating for productive diplomacy and international cooperation.
During the United Nations General Assembly, al-Sudani was expected to formally present Iraq's comprehensive development strategy. This strategy encompasses a five-year plan and initiatives to adapt to climate change and combat the effects of global warming. Additionally, the Prime Minister aimed to leverage the global platform to communicate Iraq's policies and development strategies effectively, engaging in discussions on progress across multiple sectors.
Al-Sudani's speech likely highlighted Iraq's commitment to a developmental renaissance, including the "Zero Flame" initiative aimed at eliminating gas flaring. This initiative has been pursued for the past 23 months and has invigorated the oil, gas, and renewable energy sectors, setting Iraq on a transformative path toward a new era in energy production. The government targeted an increase in the utilization of flared gas from 69% to 75%, with aspirations to position Iraq among the world's top five gas producers.
While the precise transcript of al-Sudani's speech is not available, his participation at the Future Summit and the United Nations General Assembly underscores Iraq's dedication to sustainable development, international cooperation, and addressing global challenges. The strategies and initiatives discussed by the Prime Minister reflect Iraq's commitment to a future that is environmentally sustainable and economically prosperous.
Frank26 The monetary reform policy is being introduced to you Iraqi citizens on a daily basis isn't it. It's is my hope. It ...
