Iraq and Saudi Arabia sign military cooperation agreement, 5 NOV

 Iraq and Saudi Arabia sign military cooperation agreement

Shafaq News/ Iraqi Defense Minister Thabit al-Abbasi arrived in Saudi Arabia on Monday, leading a high-level security delegation to strengthen military cooperation between the two countries. 

In a statement, Iraq’s Ministry of Defense said that “the visit is part of Iraq's efforts to enhance regional cooperation with neighboring countries,” with Minister al-Abbasi met with his Saudi counterpart, Prince Khalid bin Salman, in attendance of Iraq’s ambassador to Saudi Arabia, Safia al-Suhail.

“The discussions focused on bolstering bilateral relations, regional security developments, and joint efforts to de-escalate tensions in the region.” In addition, key topics included plans for joint training exercises between the Iraqi and Saudi forces and provisions to send injured Iraqi soldiers for treatment in Saudi Arabia.

The meeting concluded with the signing of a memorandum of understanding on military cooperation.

TIDBIT FROM MARKZ, 5 NOV

 MarkZ  

 [via PDK] Article:  “Sudanese arrives in Turkey on unannounced visit”

  ...this one is important... this means we are seeing serious progress in the HCL. (Hydro carbon Law) This is a pipeline to Turkey and part of the “Development Road Project”...

There is a large portion of oil sales from Iraq will be going out through a pipeline through Turkey. Most of the oil from the Kurdish region of Iraq already goes through Turkey…So this is an important step for the HCL.

MNT GOAT: SOMETIME IN NOVEMBER WILL BEGIN THE PROJECT OF DELETE ZEROS WITH IN COUNTRY RATE OF $1

 

Leader Barzani discusses new government formation with US ambassador, 5 NOV

Leader Barzani discusses new government formation with US ambassador

Shafaq News/ On Monday, Masoud Barzani, Leader of the Kurdistan Democratic Party (KDP), confirmed that the KDP has formed a team to negotiate with other parties on the formation of the tenth government and determine its agenda.

According to a statement from Barzani’s office, Former Kurdish President, Masoud Barzani, met with the US Ambassador to Iraq, Alina L. Romanowski, at the Saladin Resort. The meeting was also attended by Steve Bitner, the US Consul General in Erbil.

“During the meeting, Ambassador Romanowski congratulated President Barzani on the successful Kurdistan parliamentary elections held on October 20. She praised the democratic and peaceful conduct of the elections, especially given the regional tensions, and said that the event showcased the Kurdistan Region’s positive image to the world,” the statement continued.

President Barzani expressed his gratitude to the international community and the Independent High Electoral Commission (IHEC) “for their significant roles in ensuring the success of the elections, despite some technical challenges.”

He also discussed steps toward forming a new government in the region and ongoing negotiations among political parties, noting that “the KDP had formed a team to negotiate with other parties about establishing the new government and setting its agenda, emphasizing that the KDP does not have a ‘veto’ on any political group.”

“The meeting also highlighted the political and security situation in the region and recent developments in the Middle East, and exchanged views on the political process in Iraq and the election of a new Speaker of the Iraqi Council of Representatives,” the statement concluded.

 

FIREFLY: " CAN YOU JUST IMAGINE THE POTENTIAL OF YOUR NEXT EXCHANGE RATE?!" , 5 NOV

  Frank26 

 [Iraq boots-on-the-ground report] 

 FIREFLY: CBI governor Alaq on television saying our foreign reserves at 140% above our current issued currency.  

 FRANK:  Based on those words, can you just imagine the potential of your next exchange rate?!

MNT GOAT: So what did we learn October about the Project to Delete the Zeros? @DINARREVALUATION

 

Iraq sets July 2025 deadline to end cash payments, digitize payroll, 5 NOV

Iraq sets July 2025 deadline to end cash payments, digitize payroll

Shafaq News/ Prime Minister Mohammed Shia Al-Sudani directed, on Monday, that salaries for private sector employees be processed through bank accounts, similar to the system for government employees, as part of a push to phase out cash payments across government institutions by July next year.

According to a statement issued by Al-Sudani’s media office, “In line with the government’s financial and economic reform plan, which is one of its top priorities, Al-Sudani has directed the implementation of several steps to enhance and develop electronic payment systems and services: Work towards the domiciliation of salaries for private sector employees, similar to the public sector, by tasking the Ministry of Labor and Social Affairs and the Central Bank of Iraq to collaborate with select private sector institutions to establish an appropriate mechanism for this purpose.”

“All ministries and government institutions shall transition from cash payments to electronic payment for payment collections and related transactions. Each ministry or government institution must submit a comprehensive plan for this transition by December 31, 2024, with full implementation to commence by July 1, 2025,” as per the statement.