On an unannounced visit. Sudanese arrives in Istanbul to meet Erdogan
Prime Minister Mohammed Shia Al-Sudani arrived in Istanbul, Turkey.
The media office of the prime minister said that {Euphrates News} received a copy of it that the Sudanese arrived in Istanbul “to meet Turkish President Recep Tayyip Erdogan.”
The Prime Minister’s Office had not previously announced the visit.
https://alforatnews.iq/news/السوداني-يصل-الى-أنقرة-للقاء%C2%A0اردروغان
Central Bank announces progress in the procedures of controlling the dollar
Economy News – Baghdad
The Central Bank of Iraq announced progress in the procedures for controlling foreign transfers and sales of the cash dollar and providing protection for the banking and financial sector from the risks of money laundering operations, following the ongoing talks of the Central Bank of Iraq with the Federal Bank and the US Treasury Department.
“The ongoing quarterly meetings with the Federal Bank and the US Treasury Department within the framework of organizing operations and coordination between the two sides, who have close relations, led to agreement on procedures and formulas that are commensurate with best practices and international standards, the latest of which was the plan to regulate external transfers by rebuilding them according to new standards and methods.”
Al-Alak added that “Iraq has made 95% progress with regard to the procedures for controlling foreign transfers and sales of the cash dollar and providing protection for the banking and financial sector from the risks of money laundering operations.”
The Iraqi government through the Central Bank of Iraq has been continuing its negotiations for about two years with the US Treasury Department to lift sanctions on some private banks operating in Iraq.
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Added 2024/11/12 – 8:52 PM
https://economy-news.net/content.php?id=49759
Frank26
[Iraq boots-on-the-ground report]
FIREFLY: Mr. Sammy said all branch bank managers have gone through and now completed international service standards in banking reforms as of yesterday morning.
The discovery of an administrative capital in Baghdad will be announced by the Sudanese soon
The Parliamentary Investment and Development Committee announced on Friday the existence of a government direction to announce the establishment of the administrative capital in Baghdad.
The head of the committee, Hassan Al-Khafaji, said in a press statement, that “there is a government trend during the next few period to announce the administrative capital,” pointing out that “the administrative capital will be south of Baghdad towards Alwa Al-Rashid within a large area.”
He pointed out that “this capital will include all ministries and departments according to financial allocations,” pointing out that “Prime Minister Mohammed Shia Al-Sudani will announce this capital and lay the foundation stone for it and it will be implemented and complete in the coming years.”
https://alforatnews.iq/news/الكشف-عن-عاصمة-إدارية-في-بغداد-سيعلنها-السوداني-قريباً
MarkZ
[via PDK] Question: Is Nov our month Mark? MarkZ: ...unfortunately we blew through Oct without it…
but Nov. sure looks good. Comment: Others say we get notified anytime after Nov. 6th. MarkZ: That is pretty much what the upper echelon in banking are saying now.
Frank26 The introduction of all these foreign currencies [to transact in for import/export] is the introduction of the international...