Economist: Big capitals benefit from the continued rise of the dollar in Iraq, 22 NOV

 Economist: Big capitals benefit from the continued rise of the dollar in Iraq

Economic expert Safwan Qusay continued confirmed today, Wednesday, that there are big heads benefiting from the economic chaos and the rise of the dollar in Iraq.

Qusay said in an interview with Al-Maalouma Agency, “There are speculators and local mafias trying to obstruct economic organization and thwart the government's attempt to control the state's resources.”

He added, "The government can strike these mafias with the force of law by directing the supervisory and security agencies against the violators and their continued presence under multiple fronts."

He pointed out that "there are those who manipulate the local dollar markets, and the regulatory bodies must be able to control the big heads that benefit from the continued economic chaos, not the arms."link

TIDBIT FROM BRUCE, 21 NOV

  Bruce

  [via WiserNow]  

 ...we did hear a few days ago - guess it was over the weekend...that it was very likely that we would get started this week, and that was really good news...

So that's what we've been waiting for...This is the information we've been looking to receive. Very excited about it.

FIREFLY : IRAQ IS EDUCATING TO ITS CITIZENS THAT THE IQD WILL BE PEGGED TO A BASKET OF CURRENCIES

 

Al-Ghais: Oil and gas are God’s gift and the world must invest in energy sources without exception, 21 NOV

 Al-Ghais: Oil and gas are God’s gift and the world must invest in energy sources without exception

The Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), Haitham Al-Ghais, stressed on Wednesday that the world must adopt all energy sources without exception.

Al-Ghais said at the United Nations Climate Change Conference (COP29) that crude oil and natural gas are “a gift from God,” and that talks on limiting global warming should focus on reducing emissions, not choosing energy sources.

His comments were in line with the opening speech of Azerbaijani President Ilham Aliyev, who responded to Western criticism of his country's oil and gas industry, also describing these resources as a "gift from God."

"They are actually a gift from God," Al-Ghais, a veteran Kuwaiti oil executive, said in a speech at the conference hosted by Baku, Azerbaijan.

“These resources affect how food is produced, packaged and transported, how medical research is conducted and how medical supplies are manufactured and distributed. I could go on and on with an endless number of examples,” he added.

He pointed out that the world's governments, which set a ceiling for the rise in global temperature during the Paris summit in 2015 of no more than 1.5 degrees Celsius compared to the pre-industrial revolution level, can achieve their climate goals without shifting away from oil.

Al-Ghais continued, "The Paris Agreement focuses on reducing emissions, not on choosing energy sources."

OPEC said technologies such as carbon capture could address the climate change impacts of burning fossil fuels  link

THOM SIELOFF: What branch can I go to, in order to exchange that in person?" , 21 NOV

 THOM SIELOFF VIA TWITTER

Ok guys. I asked a friend back channel for confirmation and he said this... In regards to cashing in your IQD AFTER the RV happens, you will simply ask them a question... "I have some foreign currency left over from a vacation. What branch can I go to, in order to exchange that in person?" And wherever they tell you to go, that is "most likely" where you will go to cash out. I say most likely because... some banks, like TRUIST for example, only deal in a handful of foreign currencies or none at all. That is why I suggest that you look into the list of banks on this article. https://businessinsider.com/personal-finance/banking/banks-that-exchange-foreign-currency

MARKZ: On the bond side- I have a number of contacts expecting dollars by the end of the day TODAY

 

Al-Sudani, Putin discuss Middle East issues amid unprecedented escalation of tension in the region, 21 NOV

 Al-Sudani, Putin discuss Middle East issues amid unprecedented escalation of tension in the region

Baghdad Today - Follow-up

Russian President Vladimir Putin and Iraqi Prime Minister Mohammed Shia al-Sudani discussed Middle East issues today, Thursday (November 21, 2024), amid unprecedented escalation of tensions in the region.

The Kremlin said in a statement followed by "Baghdad Today", that "Putin discussed, during a phone call with Al-Sudani, joint work within the framework of (OPEC+)," stressing "the importance of coordinating steps in this field."

He added that "the two parties discussed Middle East issues in light of the unprecedented escalation of tension in the region," noting that "issues of cooperation in the fields of trade, economy, transportation, logistics and humanitarian services were discussed  link