Tuesday, October 1, 2024
Middle East Tensions Ignite Oil Prices In Global Markets , 1 OCT
Middle East Tensions Ignite Oil Prices In Global Markets
Energy Economy News – Baghdad Oil prices extended gains on Monday, supported by mounting concerns about potential supply pressures from Middle East producers after increased Israeli attacks on Iranian-backed forces in the region.
Brent crude futures for November delivery rose 51 cents, or 0.71 percent, to $72.49 a barrel by 0330 GMT.
Brent expires on Monday and the most active contract for December delivery rose 50 cents, or 0.7 percent, to $72.04.
U.S. West Texas Intermediate (WTI) crude futures rose 43 cents, or 0.63 percent, to $68.61 a barrel.
Prices were supported on Monday by the prospect of a widening conflict in the Middle East with Iran, a major producer and member of the Organization of the Petroleum Exporting Countries (OPEC), after Israel intensified its attacks on Hezbollah and Iranian-backed Houthi militias.
Later Monday, markets will be looking to hear from Federal Reserve Chairman Jerome Powell for clues on the pace of monetary policy easing. 131 views 09/30/2024 - https://economy-news.net/content.php?id=48150
TNT : " ALL WAITING ON THE GO", 1 OCT
TNT
GOOD AFTERNOON, TNT SUPERFANTASTIC FAMILY. TODAY IS MONDAY, SEPT. 30, 20241:05 PM
IT'S THE LAST DAY OF SEPTEMBER AND THE END OF THE 3RD QUARTER - TOMORROW STARTS A WHOLE NEW DAY FOR A LOT OF US - BUT TODAY - TO ANYONE AFFECTED BY THE HURRICANE AND THE AFTERMATH CONDOLENCES - OVER 100 DEAD - WILL BE GOING THROUGH IT FOR YEARS -1:07 PM
IRAQ IS SAYING THEY ARE IN A FIGHT - DON'T WANT TO BE DRAGGED INTO A WAR - IRAN SAYING DON'T WANT TO BE IN A WAR - US SAYINS DON'T WANT TO BE IN A WAR - SUDANI SAID WHAT IS GOING ON IN LEBANON WILL NOT AFFECT IRAQ1:08 PM
WON'T AFFECT THE ECONOMY - ONLY 150 MILLION/YEAR IN IMPORT/EXPORT - DOES AFFECT THEIR PSYCHE - PEOPLE JOINING THE MILITARY IN LEBANON - OTHER THAN THAT - WE JUST HAVE TO WAIT AND SEE - DURING THE 3 DAYS OF MOURNING ENDS TODAY - HOPEFULLY WILL LET US DO WHAT WE NEED TO DO1:09 PM
GOOD NEWS ON FRIDAY I WAS TOLD THIS WOULD HAPPEN MON/TUE - TOLD YOU THAT FRIDAY - MONDAY NIGHT WOULD BE PERFECT - WHEN I SAID "I KNOW SOMETHING YOU DON'T KNOW" - PEOPLE IN KURDISTAN ARE BEING TOLD THEY HAVE A NEW RATE TOMORROW - BEING TOLD THAT1:10 PM
GOT THEIR SALARIES, MONEY IN POCKET - SUPPOSED TO HAVE NEW RATE TOMORROW - BANKS ARE CURRENTLY IN MEETINGS AT THIS MOMENT - BROUGHT FEDS IN LAST NIGHT AT 9PM HAD TO REPORT TO WORK "BE READY"1:11 PM
ALL WAITING ON THE GO - IT'S DONE, IT'S DONE - ALL 3 LETTER AGENCIES SAID THEIR PORTIONS ARE DONE - EXPECTING TOMORROW MORNING - SHOULD AND COULD HAPPEN - WAIT AND SEE - I'M WAITING FOR THEM TO GET OUT OF MEETINGS1:11 PM
RATES BACK ON SCREENS - DON'T KNOW WHAT THEY ARE - OR THEY WOULDN'T HAVE TOLD US TO BE READY - DON'T HAVE BAD NEWS - SOME OF YOU IN CHAT ROOM WERE WONDERING IF LEBANON AND ISRAEL WOULD STOP US -1:12 PM
SO FAR THE WORD IS NO - SHOULD BE IN THE BANK IN THE MORNING - TOLD THAT YESTERDAY IN IRAQ - AS YOU WHO HAVE BEEN HERE FOREVER KNOW - KURDS ARE ALWAYS AHEAD OF BAGHDAD - KURDS GOT PAID YESTERDAY1:13 PM
WAITING FOR 2 MONTHS TO PAY THEM - EXCUSE AFTER EXCUSE - BUT GOT PAID YESTERDAY - TOMORROW WILL TELL THE TALE -1:13 PM
ALL YOU HAVE TO DO IS MAKE SURE YOU ARE IN AND WILL RECEIVE THE TEXT AND EMAIL - WHAT I'M BANKING ON RIGHT NOW - TOLD YESTERDAY AND TODAY - IT'S THE END OF THE QUARTER - EVERYONE IS HAPPY - MONEY IS GOING TO FLOW -
Al-Haims Expects Lifting Of "Sanctions" On Iraqi Banks: No Violations Proven, 1 OCT
Al-Haims Expects Lifting Of "Sanctions" On Iraqi Banks: No Violations Proven
Banks Economy News – Baghdad The Chairman of the Securities Commission, Faisal Al-Haims, confirmed that foreign auditing companies have not proven any violations against the sanctioned Iraqi banks, expecting the US sanctions to be lifted, especially after the Prime Minister’s recent visit to New York.
Al-Haims said, in a televised interview, which was viewed by “Al-Eqtisad News”, that “the Iraqi market needs a banking sector with global compliance standards in order to ‘survive’”, stressing that “the commission aims to increase the number of stock traders by 500%.”
He continued: "We were recently granted the authority to open new branches of the Iraq Stock Exchange, and we agreed to open two new branches in the governorates of Erbil and Sulaymaniyah. We are open and seek to expand the market's spread base and we will agree to any request to open a new branch if the legal conditions are met."
The Chairman of the Securities Commission confirmed: “We are working on promotional campaigns to introduce the function and benefits of investing in the Iraqi Stock Exchange, and the investment sectors in it as well, although the current efforts need greater momentum, but we seek to develop an effective strategy to increase the number of investors in the Iraqi Stock Exchange to 5 times their current number of more than 40 thousand investors, during the next two years.”
He pointed out that "foreign auditing companies have not proven any violations against the sanctioned Iraqi banks, and this is sufficient to lift the Federal sanctions, and we hope that the Prime Minister's visit to the United States will contribute in this direction."
He explained that "the Iraqi economy depends entirely on oil revenues and imports to meet local needs, which confirms the difficulty of living without an effective banking sector, and therefore there is no choice but to create a real banking movement that applies international compliance standards."
He explained that "there is a credit problem in private banks, as customers prefer government banks, despite the big difference in the quality and volume of services provided at the level of deposits and borrowing. However, the government banking sector takes over more than 70% of customers." 305 views 09/30/2024 - https://economy-news.net/content.php?id=48162
TNT UPDATE, 1 OCT
Global Currency Reset
- Mon. 30 Sept. 2024 TNT Tony: “On Friday I was told this would happen Mon/Tues. People in Kurdistan are being told they have a new rate tomorrow Tues. 1 Oct. Banks are currently in meetings at this moment.
- Brought Feds in last night. All waiting on the go. It’s done. All three letter agencies said their portions are done and expecting it tomorrow morning Tues. 1 Oct. Kurds are always ahead of Lebanon and Kurds got paid yesterday Sun. 29 Sept. It’s the end of the Quarter.
TIDBIT FROM FRANK26, 13 NOV
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 ...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...
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JENTEL RV UPDATE RV NEWS- AA Uriel Payments are being received. They started yesterday in other countries. To meet today's requireme...