Monday, October 28, 2024

Sudan and Al-Suwad discuss the government’s past plans to grow the oil and gas sectors, 28 OCT

 Sudan and Al-Suwad discuss the government’s past plans to grow the oil and gas sectors

Economy News – Baghdad

Prime Minister Mohammed Shia Al-Sudani discussed on Sunday with Oil Minister Hayan Abdul Ghani Al-Sawad the government’s past plans in the growth of the oil and gas sectors.

The Prime Minister’s Media Office said in a statement received by “Economy News” that “the Sudanese received, today, the Minister of Oil Hayan Abdul Ghani Al-Swad, in the presence of the Undersecretary of the Ministry of Oil for Distribution Affairs.”

He added that “Al-Sudani referred, during the meeting, to the government’s past plans in the growth of the oil and gas sectors, and the development of their projects within the government program, through licensing rounds in which the investment of many oil and gas fields were contracted, in addition to investing in associated gas projects, and oil derivatives production projects.”

With regard to cooperation with the OPEC Plus Group, during the meeting, they stressed “the importance of partnership with oil-producing countries, with the aim of maintaining the stability and balance of global oil markets, and Iraq’s commitment to what was agreed within the framework of the group, including voluntary reductions and compensation for the increase in production, according to the updated table provided by the Ministry of Oil to OPEC.”


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https://economy-news.net/content.php?id=49200

TIDBIT FROM CLARE, 28 OCT

 Clare 

 Article: " 'Hybrid Monetary Policy'.. Al-Sudani's Advisor Reveals the Central Bank's New Step"  

 Quote:  "The Central Bank began...on October 24, to reduce the monetary policy interest rate...by about 200 percentage points, by lowering the interest at which the Central Bank deals with banks from 7.5% to 5.5%, which means...an expansionary policy in targeting the money supply...

Despite the above... new policy did not neglect the importance of continuing to control local liquidity levels and carrying out high sterilization operations,

 by offering debt instruments called Islamic certificates of deposit...which are considered sovereign debts that can be mortgaged or discounted in the secondary market and are excellent debts...

with a return of 4% for a period of 14 days and a return of 5.5% for a period of 182 days."

Sunday, October 27, 2024

Dinar Revaluation Shocking Forex Spike : Analysis from Pimpy @DINARREV...

Iraqi analysis: Iran will not respond to the latest Israeli attack, 28 OCT

Iraqi analysis: Iran will not respond to the latest Israeli attack

Baghdad Today – Baghdad 

Strategic Affairs Researcher Ahmed Al-Yasri, On Sunday (October 27, 2024), Suggested That Iran Will Not Respond To The Recent Israeli Attack On It, Including The Reason For This.

Al-Yasiri said in an interview with Baghdad today that “Iran will not respond to the recent Israeli bombing because it does not want to expand the conflict and does not want to be in a direct war with the entity, it wants to keep the war with Israel through its arms of factions in the region.”

He pointed out that “Iran is well aware that any new bombing by it on Israel, the entity’s response will be different and may include important and strategic goals inside Iran, especially since the recent Israeli strikes on Iran were so weak and did not include oil and nuclear facilities for the presence of great international pressure on Israel, but any new Iranian military action will lead to a different response and may be supported internationally, and this is what Tehran realizes and therefore it will not respond.”

Iranian Parliament Speaker Mohammad Bagher Galibaf said on Sunday (October 27, 2024) that Tehran’s response to the Israeli attack would be decisive.

During a session of parliament to discuss the Israeli aggression against Iran, Galibaf said that “although the military action carried out by the Zionist regime against Iran was negative and turned into another defeat of this regime, the Islamic Republic of Iran considers itself the owner of the right of self-defense within the framework of the inherent right to legitimate defense.”

“The response to Israel will be decisive and Article 51 of the UN Charter allows it, and the response to this aggression will be decisive and according to the requirements,” he said.

“The United States, which is the main supporter and partner of all war crimes and crimes committed by the Zionist regime, and in order to stop the killing of innocent people in Gaza and Lebanon and prevent the spread of instability and insecurity in the region, must curb the illegitimate Zionist regime, impose a ceasefire and make the region stable,” he said.

He pointed out that “comparing the second operation of the honest promise with the recent actions of the usurper regime is clear evidence of the deterrence power enjoyed by the Islamic Republic of Iran.”

The Israeli army spokesman said on Saturday that dozens of fighters were participating in attacks on targets in Tehran, Mashhad and a power plant in Bakraj.

The Israeli army spokesman said in a statement seen by Baghdad Today: “The army is now attacking military targets in Iran with precision, in response to the ongoing attacks launched by the regime in Iran against the State of Israel in recent months, in accordance with the directives of the political level.”

“The Israeli army is fully prepared to attack and defend, and we are following developments from Iran and its proxies,” he said.

“The Israeli army is constantly assessing the situation, and at this stage there is no change in the directives of the Home Front Command,” the spokesman said.

Media reported that very large numbers of warplanes and refueling aircraft are flying in the sky of Israel.

Before that, the Iranian news agency “Fars” reported hearing several explosions in the capital Tehran at dawn on Saturday, without specifying their source.

https://baghdadtoday.news/260822-تحليل-عراقي-إيران-لن-ترد-على-الهجوم-الإسرائيلي-الأخير.html


TIDBIT FROM FRANK26, 28 OCT

 Frank26 

  Sudani cleaned up the swamp.  All of a sudden all of the banks that were stealing the Iraqi dinar, American dollar and profiteering illegally...he cleaned it all up

 I told you we needed the CBI floor to be so spotless that you could eat off of the floor.  The United States Treasury is on the second floor of the new CBI building. 

 It's spotless.  All the bank that [were stealing] have been shut down.  All the political parties that had power in the media and in the banking structure of Iraq are slowly being whittled away.

Dinar Revaluation Shocking Forex Spike : Analysis from Pimpy @DINARREV...

The regional government for its employees: Whoever does not have a symbol with the biometric system, the federal finance will stop their salary, 27 OCT

 The regional government for its employees: Whoever does not have a symbol with the biometric system, the federal finance will stop their salary

Shafaq News / The Ministry of Finance and Economy in the Kurdistan Regional Government, on Sunday, called on employees and public sector workers to speed up the registration with the biometric system before November 20, warning them that the Federal Ministry of Finance stops the salary of anyone who does not have a biometric code.

The ministry said in a statement today that based on the agreements and understandings concluded between the Ministry of Finance and Economy in the Kurdistan Region and the Ministry of Finance in the Federal Government on the issue of solving the technical problems of the salary list of employees of the Kurdistan Regional Government should the following:

First: All employees, retirees, people with special needs and heirs of martyrs who have not registered themselves in the biometric system must register before the date (2024/11/20).

Second: The decision to register in the biometric system includes all those employees and salary collectors who are abroad for various reasons or leave without salary or study and others.

Third: Every employee or who receives a salary in the Kurdistan Regional Government and does not have a biometric code until the date (2024/11/20) whose salary will be suspended by the Ministry of Finance in the Federal Government, and he will be responsible for this.

https://www.shafaq.com/ar/سیاسة/حكومة-ال-قليم-لموظفيها-من-لا-يمتلك-رمزا-بنظام-البايومتري-ستوقف-المالية-الاتحادية-راتبه


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 ...