Prime Minister Mohammed Shia Al-Sudani arrives in the capital, Baghdad, after concluding his participation in the 79th session of the United Nations General Assembly, where he delivered Iraq’s speech and held a series of meetings, dialogue sessions, and press interviews, as follows:
■ Delivering Iraq’s speech at the Future Summit held on the sidelines of the United Nations General Assembly. ■ Meeting with the King of the Hashemite Kingdom of Jordan, King Abdullah II bin Al-Hussein. ■ Meeting with the Turkish President, Mr. Recep Tayyip Erdogan. ■ Meeting with the President of the Republic of Cyprus, Mr. Nikos Christodoulides. ■ Receiving the President of the Republic of Kenya, Mr. William Ruto. ■ Receiving the Chairman of the Presidential Leadership Council of the Republic of Yemen, Mr. Rashad Mohammed Al-Alimi. ■ Receiving the Crown Prince of the State of Kuwait, His Highness Sheikh Sabah Khaled Al-Hamad Al-Sabah. ■ Receiving the Lebanese Prime Minister, Mr. Najib Mikati . ■ Meeting with the Prime Minister of the Netherlands, Mr. Dick Schoff. ■ Receiving the Prime Minister of Italy, Ms. Giorgia Meloni. ■ Meeting with the Prime Minister of Pakistan, Mr. Shehbaz Sharif ■ Reception of the Prime Minister of Greece, Mr. Kyriakos Mitsotakis.
■ Reception of the Prime Minister of Somalia, Mr. Hamza Abdi Barre. ■ Meeting with the Secretary-General of the United Nations, Mr. Antonio Guterres.
■ Reception of the US Secretary of State, Mr. Anthony Blinken. ■ Meeting with the United Nations High Commissioner for Human Rights, Mr. Volk Türk, at the United Nations Headquarters. ■ Reception of the Director-General of the International Organization for Migration / IOM, Ms. Amy Pope. ■ Reception of the Executive Director of the United Nations Children’s Fund / UNICEF, Ms. Catherine Russell . ■ Reception of the Secretary-General of the Digital Cooperation Organization, Ms. Dima Al-Yahya. ■ Reception of the Executive Secretary of the Economic and Social Commission for Western Asia (ESCWA) at the United Nations, Ms. Rola Abdullah Dashti. ■ Reception of the US Deputy Secretary of the Treasury, Mr. Wali Adeyemo. ■ Reception of the US President’s Envoy for Kidnapped Affairs, Ambassador Roger Carcinese. ■ Receiving the CEO of Dubai Ports, Mr. Sultan Ahmed bin Sulayem. ● Participating in a dialogue session held as part of the 14th Concordia Summit. ● Participating in a dialogue session held by the American Chamber of Commerce and the Monitor. ▪︎ TV interview with CNN. ▪︎ Interview with the New York Times.
MZ: Dry on the RV front overnight….but, I have had confirmations from bond groups to bankers who are now expecting this weekend they will be full blown working.
MZ: A number of groups have been organizing in the hopes they will see the release very early next week.
MZ: I am hearing wonderful chatter and if even half of it comes to fruition it will be one heck of a week for us. Looking at the last day of September and first of October (Monday and Tuesday)
MZ: The big news in the DC area is a stop gap bill to avert the government shutdown. In the senate 78 to 18 to do the stop gap spending.
First, why we haven't gone yet (and on Tuesday we thought Wednesday and Thursday), but we don't really know why it didn't happen, and this time we had a reason and it's a good one: we have banks classified by money on deposit and levels of Tiers of Banks (you know, a lot of the T1 banks).
There will be no more T5 banks, the small town banks will disappear, but if they still exist, they will be with T3 and 4 and some are already with those banks: T 1 2 3 are connected to Starlink, but T4 is not and that will not happen until Saturday and RC staff are on call for the weekend, but they are not supposed to go.
The other thing is that we are hearing that from Iraq they will have the lower denominations, the smaller bills (not the ones we have), those lower denominations are the ones they will use and the salaries should also be paid this month and we are also hearing from the bondholders who told us they will have access to their accounts on Tuesday, so they had told us we would go before that,
but tonight we have word from a strong source that says we will receive the emails we are looking for on Monday, September 30th for those notifications. All we know is that they should occur in the US within a three hour period at different times,
and this will be on Monday and we assume that the 800 number to call the call centers, so they think the lines may be jammed, so they suggest waiting a little bit and those calls will direct us to someone in the zip code that they we give to make our changes. So they notified us on Monday and then our appointments for October 1st; Bruce wasn't sure if that would happen, but this reliable source says it will be MONDAY; Bruce says he can't wait and is looking forward to it.
The other things mentioned in the prayer request that Jeannie mentioned about R&R, you know that 80 - 90% of currency holders are. Where are we in terms of what banks and RCs are seeing on their screens? Both have all 14 coins rising substantially in value. Starting this weekend and I think Saturday, we should have all 209 countries of those 197 currencies on the screens. From Dinar to Tim Buck Too? So take everything you have and if you have bonds in sheets, let them know because there will be people there to take care of them for you, whatever the bonds are.
Now, if you have bonuses, it would be nice to have documentation showing how and why you have them, so I assume receipts are needed. So R&R if we are exchanging currencies, the R&R is already in our QFS, but you will receive that card at your appointment and with that you will be able to move those currencies to your main account.
And you will need a new email account and password for the QFS account; The only thing you do with that card is move funds to the main or master WF account. And you will have access from day one. And hopefully it will last you 90 days. But the card will help you move funds when you need it, and that card is linked directly to you, just keep it somewhere REALLY SECURE (maybe NOT at the bank).
When we have been informed about the notifications on Monday and the change on Tuesday or Wednesday. That's what we're hearing today. The military may exchange ideas over the weekend, but that's not for us.
Gem Finch, [09/27/2024 12:28 PM]
Another thing about banks and if you have money and you go to a bank, will they be able to change you? But you should keep in mind that you will not be able to exchange Zimbabweans at the bank, so they will send you to an RC. Now, President Trump wants us all to get the highest rates and we know that's the case because we know people who can see both screens and even if you only have one or two dinar bills, it's really good and it's tied to the barrels of oil sold in Iraq.
Beyond that, Bruce thinks you'll be in a CR anyway, and if you're in a hospital, it might be in about 40 days. Oh, and your MedBed appointment will probably be after your change appointment. So, IF it's urgent, let him know. Bruce isn't sure he has more to tell us tonight, and asks us to continue praying for Pastor Scott and Tom and everyone in the path of the hurricane. Bruce now thanks his entire team: Sue, Bob, GCK, Pastor Scott, Tom, Jeannie and Larry. Bruce is now praying for the call. Bruce just left the microphone, he's back and he's praying on the call. Please join Bruce in this prayer, as all our prayers, as we all know, are very powerful and heard by Heaven. And please keep saying those prayers with sincere intention until those notifications FINALLY RECEIVED NEXT MONDAY AND OUR LONG ANTICIPATED EXCHANGES NEXT WEEK. My love goes to each and every one of you. Always Gem.
TRANSLATION IN SPANISH
⭐️Gem Finch, [27/09/2024 12:28 PM]
⭐️BREVES NOTAS SOBRE LA GRAN CONVOCATORIA DEL JUEVES 26 DE SEPTIEMBRE DE 2024
Gem Finch, [27/09/2024 12:28 PM]
JUNTOS SOMOS MUY FUERTES Y DONDE VAMOS UNO, VAMOS TODOS ES UN HERMOSO RECORDATORIO DE LA FUERZA QUE SE NOS HA DADO PARA LLEVAR ESTO HASTA SU GLORIOSA CONCLUSIÓN FINAL. LES AGRADECEMOS MUCHO POR HACER COSAS NUEVAS EN NUESTRA VIDA. ENTONCES, OTRA VEZ, ¿QUÉ TIENE BRUCE DE NUEVO PARA NOSOTROS ESTA NOCHE QUE PUEDA HABER RECIBIDO DESPUÉS DEL LLAMADO DEL MARTES?
SOLO INTELIGENCIA
*¿DÓNDE ESTAMOS AHORA?*
Primero, por qué no hemos ido todavía (y el martes pensamos que el miércoles y el jueves), pero no sabemos muy bien por qué no sucedió, y esta vez teníamos una razón y es buena: tenemos bancos clasificados por dinero en depósito y niveles de Tiers of Banks (ya saben, muchos de los bancos T1).
Ya no habrá bancos T5, los bancos de las ciudades pequeñas desaparecerán, pero si aún existen, estarán con T3 y 4 y algunos ya están con esos bancos: T 1 2 3 están conectados a Starlink, pero T4 no y eso no sucederá hasta el sábado y el personal de RC está de guardia durante el fin de semana, pero no se supone que vayan.
La otra cosa es que estamos escuchando que desde Irak tendrán las denominaciones más bajas, los billetes más pequeños (no los que tenemos), esas denominaciones más bajas son las que usarán y los salarios también deberían pagarse este mes y también estamos recibiendo noticias de los tenedores de bonos que nos dijeron que tendrán acceso a sus cuentas el martes, así que nos habían dicho que iríamos antes de eso,
pero esta noche tenemos noticias de una fuente fuerte que dice que recibiremos los correos electrónicos que estamos buscando el lunes 30 de septiembre para esas notificaciones. Todo lo que sabemos es que deberían ocurrir en los EE. UU. en un período de tres horas en diferentes momentos,
y esto será el lunes y suponemos que el número 800 para llamar a los centros de llamadas, por lo que creen que las líneas pueden estar colapsadas, por lo que sugieren esperar un poco y esas llamadas nos dirigirán a alguien en el código postal que les damos para que haga nuestros cambios. Así que nos notificaron el lunes y luego nuestras citas para el 1 de octubre; Bruce no estaba seguro de si eso sucedería, pero esta fuente confiable dice que será el LUNES; Bruce dice que no puede esperar y que lo espera con ansias.
Las otras cosas mencionadas en la solicitud de oración que Jeannie mencionó sobre el R&R, saben que el 80 - 90% de los tenedores de divisas son. ¿Dónde estamos en términos de lo que los bancos y RC están viendo en sus pantallas? Ambos tienen las 14 monedas subiendo sustancialmente de valor. A partir de este fin de semana y creo que el sábado, deberíamos tener los 209 países de esas 197 monedas en las pantallas. ¿Desde Dinar hasta Tim Buck Too? Así que lleva todo lo que tengas y si tienes bonos en hojas, avísale porque habrá gente allí para que se ocupe de ellos por ti, sean cuales sean los bonos. Ahora bien, si tienes bonos, sería bueno tener la documentación que muestre cómo y por qué los tienes, por lo que supongo que se necesitan recibos. Así que R&R si estamos intercambiando divisas, el R&R ya está en nuestro QFS, pero recibirás esa tarjeta en tu cita y con eso podrás mover esas divisas a tu cuenta principal. Y necesitarás una nueva cuenta de correo electrónico y contraseña para la cuenta QFS; lo único que haces con esa tarjeta es mover fondos a la cuenta principal o maestra de WF. Y tendrás acceso desde el primer día. Y con suerte te durará 90 días. Pero la tarjeta te ayudará a mover fondos cuando lo necesites, y esa tarjeta está vinculada directamente a ti, solo guárdala en un lugar REALMENTE SEGURO (tal vez NO en el banco).
Cuando nos han informado sobre las notificaciones el lunes y el cambio el martes o miércoles. Eso es lo que estamos escuchando hoy. Los militares podrán intercambiar ideas durante el fin de semana, pero eso no es para nosotros.
Gem Finch, [27/09/2024 12:28 PM]
Otra cosa sobre los bancos y si tienes dinero y vas a un banco, ¿podrán cambiarte? Pero debes tener en cuenta que no podrás cambiar zimbabuenses en el banco, por lo que te enviarán a un RC. Ahora, el presidente Trump quiere que todos obtengamos las tasas más altas y sabemos que ese es el caso porque conocemos gente que puede ver ambas pantallas e incluso si solo tienes uno o dos billetes de dinares, es realmente bueno y está vinculado a los barriles de petróleo que se venden en Irak.
Más allá de eso, Bruce cree que estarás en un RC de todos modos, y si estás en un hospital, es posible que sea dentro de unos 40 días. Ah, y tu cita en MedBed probablemente será después de tu cita de cambio. Así que, SI es urgente, avísale. Bruce no está seguro de tener más que decirnos esta noche, y nos pide que sigamos rezando por el pastor Scott y Tom y todos los que están en el camino del huracán. Bruce ahora agradece a todo su equipo: Sue, Bob, GCK, el pastor Scott, Tom, Jeannie y Larry. Bruce ahora está orando por la llamada. Bruce acaba de dejar el micrófono, está de regreso y está orando por la llamada. Por favor, únanse a Bruce en esta oración, ya que todas nuestras oraciones, como todos sabemos, son muy poderosas y escuchadas por el Cielo. Y por favor, sigan diciendo esas oraciones con sincera intención hasta que FINALMENTE SE RECIBAN esas notificaciones EL PRÓXIMO LUNES Y NUESTROS TAN ESPERADOS INTERCAMBIOS LA PRÓXIMA SEMANA. Mi amor va para todos y cada uno de ustedes. Siempre Gem.
¿Qué podemos encontrar en los salmos que nos ayude a darnos cuenta de lo bendecidos y amados que somos todos a los ojos de nuestro Padre Creador?
MATEO 24:36
“Nadie sabe el día ni la hora.
Ni siquiera los ángeles en el cielo,
Ni el Hijo.
Sino solo el Padre”.
FILIPENSES 4:19
“Mi Dios, pues, suplirá todo lo que os falta conforme a sus riquezas en gloria en Cristo Jesús.”
SANTIAGO 1:17
“Toda buena dádiva y todo don perfecto desciende de lo alto,
del Padre de las luces, en el cual no hay mudanza ni sombra de variación.”
LUCAS 6:38
“Dad, y se os dará. Medida buena, apretada,
remecida y rebosando darán en vuestro regazo;
porque con la misma medida con que medís, os volverán a medir.”
NÚMEROS 6: 24 – 26
“El Señor te bendiga y te guarde; el Señor haga resplandecer su rostro sobre ti, y tenga de ti misericordia; el Señor alce sobre ti su rostro, y ponga en ti paz.”
3 JUAN 1:2
“Amado, yo deseo que todo te vaya bien y que tengas salud, así como también a tu alma.”
2 CORINTIOS 9:8
“Y poderoso es Dios para hacer que abunde en vosotros toda gracia, a fin de que, teniendo siempre en todas las cosas todo lo suficiente,
abundéis para toda buena obra.”
HEBREOS 13:2
“No os olvidéis de la hospitalidad,
porque por ella algunos, sin saberlo, hospedaron ángeles.”
HERMOSAS PALABRAS DE SABIDURÍA – QUE PODRÍAN AYUDARTE HOY
“Hay cierta belleza, una verdad atemporal que viene con honrar los ciclos. Cuando un pétalo cae, una flor no busca recuperarlo, simplemente lo deja ir.”
~Jody Doty
*¿Estás tratando desesperadamente de aferrarte a algo o alguien que está saliendo de tu vida? Si es así, podrías estar dañándote a ti mismo y a lo que estás agarrando más de lo que te das cuenta. La publicación no trata de flores, por supuesto. Es una analogía para nosotros... para ti.❤️⭐️
In September 2024, the Central Bank of Iraq (CBI) embarked on a transformative journey toward economic revitalization and global integration.
For years, Iraq's economic landscape had been shaped by sanctions and external oversight, particularly by the US Treasury.
However, recent developments mark a significant turning point, offering Iraq newfound autonomy to chart its course in the global economy.
This article explores the significance of these developments, the implications of Iraq's economic independence, and the ambitious plans laid out by Prime Minister Muhammad Shia Al-Sudani for the country's future.
Historical Context: From Sanctions to Sovereignty
The Weight of Historical Sanctions
Iraq's economy has long been burdened by sanctions, especially following the Gulf War and the 2003 invasion. These sanctions, coupled with the US Treasury's oversight, significantly constrained Iraq's ability to engage freely with international markets.
The End of External Oversight
The recent removal of these restrictions symbolizes Iraq’s recovery from a tumultuous past and readiness to reenter the global economic arena. This shift signals a new economic dawn, allowing Iraq to move beyond past limitations and toward greater financial independence.
Implications of Economic Independence
Establishing Sovereign Economic Policies
With the end of external oversight, Iraq can now establish its policies without influence from outside entities. The Central Bank of Iraq (CBI) can implement reforms that reflect the nation's unique economic context, fostering a more favorable environment for foreign investment and trade.
Building International Relationships
This newfound independence paves the way for stronger relationships with international financial institutions and investors. By creating a more attractive investment climate, Iraq aims to draw significant foreign investments and enhance trade relations.
Transparency and Engagement: CBI's New Approach
September's Surge of Activity
September 2024 has been a remarkable month for the CBI, characterized by unprecedented transparency and engagement. The central bank’s commitment to openly communicating its strategies and plans has generated optimism among citizens and investors alike.
Increased Communication and Transparency
To build trust with the Iraqi populace and restore confidence in the national currency—the Iraqi dinar—the CBI has taken proactive steps to communicate its vision for the future. This increased transparency is essential for a stable economic environment.
Key Announcements and Initiatives
Throughout September, the CBI has unveiled various initiatives aimed at stabilizing the dinar and preparing the economy for international integration. These initiatives include new monetary policies designed to enhance liquidity and facilitate foreign exchange transactions, reflecting the CBI's commitment to a stable and transparent economic environment.
Preparing for International Engagement
Monetary Policy Reforms
The CBI is focusing on adopting monetary policies that align with international standards. These reforms are crucial for promoting stability and confidence in the dinar and include measures to control inflation, regulate interest rates, and enhance overall liquidity in the financial system.
Digital Transformation of Financial Systems
A significant aspect of the CBI's strategy involves digitizing Iraq's financial systems. This shift aims to make transactions more efficient and transparent, modernize the banking sector, facilitate cross-border transactions, and attract foreign investments.
Strengthening Regulatory Frameworks
The CBI is working diligently to bolster the regulatory frameworks governing the banking sector. Enhanced oversight and compliance with international standards are vital for building trust among investors and ensuring the stability of the financial system.
Prime Minister Al-Sudani's Vision for Economic Change
Major Economic Changes on the Horizon
Under the leadership of Prime Minister Muhammad Shia Al-Sudani, Iraq is poised for significant economic transformations. His administration has articulated a vision for a robust economic framework encompassing various sectors, from oil and gas to agriculture and technology.
Diversifying the Economy
A key aspect of this vision is to reduce Iraq's reliance on oil revenues and foster sustainable development. By diversifying the economy, Al-Sudani's administration aims to create a more resilient and balanced economic landscape.
Urban Revolution: Infrastructure and Development
The prime minister’s vision includes an urban revolution aimed at enhancing infrastructure, improving public services, and fostering economic growth in urban areas. This comprehensive development plan seeks to create jobs, stimulate investment, and improve the overall quality of life for Iraqi citizens.
International Partnerships and Investments
Al-Sudani’s administration is actively seeking partnerships with international investors to fund development projects. By leveraging Iraq's strategic location and natural resources, the government aims to position Iraq as a regional hub for trade and commerce.
A New Era of Economic Promise
September 2024 marks a watershed moment for Iraq as it sheds the constraints of the past and embarks on a journey toward economic revitalization and global integration. The Central Bank of Iraq's vocal leadership and proactive reforms signal a commitment to transparency, stability, and growth.
Under Prime Minister Al-Sudani's visionary guidance, Iraq is poised for transformative changes that will reshape its economic landscape and elevate its position on the global stage. As the nation prepares for international engagement, the focus will remain on building a robust economy that serves the needs of its citizens while attracting investment and fostering sustainable development.
Conclusion: Navigating Challenges and Opportunities
The road ahead for Iraq may be fraught with challenges, but with a clear vision and concerted efforts from all stakeholders, the nation stands at the threshold of a new economic era—one filled with promise and opportunity. By embracing transparency, modernizing financial systems, and fostering international partnerships, Iraq can build a prosperous future for its people and reclaim its place in the global economy.
Data from the World Gold Council reveals that Iraq purchased a total of 51.9 tons of gold between 2022 and September of this year. ERBIL (Kurdistan24) - Iraq has significantly increased its gold reserves over the past three years, acquiring approximately 52 tons of the precious metal. The majority of these purchases occurred in 2022, accounting for 65% of the total acquired gold. Data from the World Gold Council reveals that Iraq purchased a total of 51.9 tons of gold between 2022 and September of this year.
The breakdown shows a significant purchase of 33.9 tons in 2022, followed by 12.3 tons in 2023, and 5.7 tons so far this year. Notably, there were substantial purchases of 3.1 tons in February and 2.6 tons in May of this year. This strategic accumulation of gold aligns with a global trend among central banks seeking to diversify their reserves and hedge against economic uncertainties. Gold Prices in Iraq Soar
The increased demand for gold has also driven up its price in Iraq across all carats. Currently, one gram of gold is priced as follows: - 24 carat gold: 108.652 dinars (equivalent to 83 US dollars – based on the official exchange rate by the Iraqi government.) - 22 carat gold: 99.598 dinars (equivalent to 76 US dollars – based on the official exchange rate by the Iraqi government.) - 21 carat gold: 95.071 dinars (equivalent to 72 US dollars – based on the official exchange rate by the Iraqi government.) - 18 carat gold: 81.489 dinars (equivalent to 62 US dollars – based on the official exchange rate by the Iraqi government.) Iraq's Global Ranking According to the World Gold Council's latest data for June, Iraq's gold reserves have now reached 145.7 tons, a notable increase from 142.6 tons in May.
This increase has solidified Iraq's position as a significant holder of gold reserves globally. While the country has dropped one place to 31st in the World Gold Council's ranking of the 100 countries with the largest gold reserves, its holdings represent a substantial 9.8% of its total reserves.
The United States, Germany, and Italy continue to hold the top three positions in terms of gold reserves, while Suriname ranks at the bottom of the list.
