"A NEW EXCHANGE RATE IS HISTORICAL" BY FRANK26, 22 NOV

 KTFA

FRANK26: "A NEW EXCHANGE RATE IS HISTORICAL".......F26 

Al-Sudani: We are living a historic day with the population census

 

  11/20/2024

 

 

Prime Minister Mohammed Shia Al-Sudani during his visit to the headquarters of the Ministry of Planning, the General Authority for Statistics and Geographic Information Systems to follow up on the progress of the implementation of the general population census:
 
We congratulate all the people on this entitlement that has been suspended for ages, and today is historic. 
We are living a historic day with the population census.

 Census lays the foundation for a new Iraq

 Religious authorities of all religions urged participation in the census.

 We have completed a modern census.

Population census is a process whose goal is purely developmental.

 We thank citizens for their cooperation and urge them to continue with the meters.

LINK

TIDBITS FROM MNT GOAT, 22 NOV

  Mnt Goat   

 Article:  “DELETE ZEROS AND EVALUATE THE DINAR“  this...new article...by Ali Daadoush, the Iraqi economists... is concentrating on the revaluation part giving examples of countries that recently revalued and how it worked. 

The part that sparked my interest the most was...quote:  “After the revaluation, it was linked to a basket of global currencies.” 

 He was referring to the Chinese government Yuan and its revaluation of its currency in 2005, which was then linked to the US dollar prior to the revaluation.

 However, after the revaluation, it was linked to a basket of global currencies...I believe he is telling the citizens of Iraq that this also is what will occur to the IQD when it too revalues soon.

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

 

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