prime Minister Mohammed S. Al-Sudani acquired a telephone call today, Thursday, from the President of the Russian Federation, Vladimir Putin.
in line with the Media workplace of the top Minister, the cellphone name touched on electricity-associated subjects, “highlighting the significance of coordination amongst all involved nations within OPEC and the OPEC+ organization to stabilize oil and gasoline prices, ensuring fair pricing for each manufacturers and purchasers.”
all through the call, they mentioned bilateral members of the family between Iraq and Russia and explored approaches to decorate them to serve the mutual hobbies of both pleasant international locations.
The verbal exchange also addressed the evolving scenario within the vicinity, emphasizing the need for main powers to exert greater efforts to quit the continuing warfare and save you its expansion, that may jeopardize local and international stability.
Sandy Ingram addresses rumors about the legality of holding Iraqi Dinar outside Iraq, emphasizing the legitimacy of holders and the positive economic developments in Iraq.
Highlights
🏦 Sandy Ingram clarifies that no US agency supports claims of illegal Iraqi Dinar possession.
📈 The closer Iraq gets to economic goals, the more interest in IQD for potential profits.
📜 Documentation confirms that most holders of Iraqi Dinar are legal owners.
🔄 Iraq’s currency is fully convertible and has a free exchange system.
📊 Militia Man reports that Iraq is currently conducting a census, impacting economic processes.
💼 Frank discusses potential funding of salaries and a new exchange rate linked to the census.
🌍 Bruce highlights global testing of Iraqi Dinar, showing readiness for international exchange.
Key Insights
🔍 Legitimacy of Dinar Holdings: The rumors about illegal possession of Iraqi Dinar are unfounded, with evidence supporting the legality of holders found in US State Department archives. This reinforces confidence among investors.
📊 Economic Progress: As Iraq approaches its economic goals, the demand for IQD is likely to increase, attracting both legitimate investors and illegal actors seeking profit, highlighting the currency’s potential value.
💱 Free Exchange System: The Iraqi Dinar operates under a free foreign exchange system, ensuring it can be traded without restrictions, which boosts its attractiveness to global investors.
🗳️ Impact of Census: The ongoing census in Iraq is crucial for demographic analysis and has implications for economic planning, including salary funding and potential adjustments to the exchange rate.
💰 New Exchange Rate Expectations: The anticipation surrounding the announcement of a new exchange rate linked to census results suggests significant economic changes could be on the horizon, affecting salaries and budget allocations.
🔄 Global Currency Testing: The successful testing of the Iraqi Dinar alongside other currencies indicates readiness for international trading, signaling a positive step towards revaluation and wider acceptance in global markets.
⏳ Timely Developments: With multiple sources reporting imminent changes, the next few days could be pivotal for the Iraqi economy and the value of the Dinar, making it a critical time for investors and stakeholders.
MP Hassan Al-Asadi brings good news to a group of those covered by Article 140
Member of Parliament Hassan Al-Asadi announced, today, Thursday (November 21, 2024), good news for a group of those covered by Article 140.
Al-Asadi said in a statement received by "Baghdad Today", "After continuous follow-up with the Committee for the Implementation of Article 140 of the Constitution of the Republic of Iraq, approval was obtained to promote the transactions of the article for those who have a receipt for the years (2018, 2019, 2020) on Sunday, corresponding to 11/24/2024, at the committee's office in the city of Nasiriyah." link
Officially Launched The Time for the international Dinar is Here!!!
New weekly feeder service launched between Iraq and UAE
Baghdad (IraqiNews.com) – In an effort to improve its operational footprint and connection in the Middle East, Pacific International Lines (PIL) has announced the start of a new weekly feeder service that will connect Jebel Ali in the United Arab Emirates to Umm Qasr in Iraq.
PIL’s current Gulf China Service (GCS) will be enhanced by the Iraq Feeder Service (IQF), enhancing the company’s regional services, according to Logistics Manager, a trade publication for the transport and logistics industry.
Starting on November 15, 2024, the IQF service will use the vessel Kota Handal and offer an independent path that improves connection between the Middle East and PIL’s vast worldwide network.
“The IQF service is intended to expand and strengthen PIL’s presence in the Middle East while leveraging the region’s growth potential,” said William Ho, General Manager of Long Haul Trade and Line Management at PIL.
The plan demonstrates PIL’s dedication to putting its clients’ needs first and broadening its reach in this important sector, according to Ho.
With a weekly sailing schedule and a two-day transit time from Jebel Ali to Umm Qasr, the IQF service’s primary features will greatly improve shipping efficiency for clients doing business in the region.
In order to ensure that commodities effectively reach their final destination, feeder services serve as the crucial link between larger, ocean-going vessels and smaller ports that are inaccessible to the larger ships.
Basically, feeder services provide a smooth integration into the global supply chain by moving cargo containers from a major port to smaller ports or the other way around.
Feeder services are essential to the shipping and logistics sector because they maintain the efficiency and mobility of the global supply chain.
These services make use of feeder vessels, which are smaller container ships built to move goods between big hub ports and smaller, regional ports.
Kurdistan’s Duhok to complete population census by midnight
Shafaq News/ The population census process in Duhok, Kurdistan Region, is nearing completion, the head of the province's Statistics Directorate, Jiavan Abdul-Razzaq, announced on Friday.
Abdul-Razzaq told Shafaq News, "The process is nearly complete and will finish tonight," adding, "No citizen has been excluded from registration."
Regarding families not yet visited by census teams, the official urged citizens to "call hotline 567" but advised them to "check if enumerators are in their area before calling," due to high demand.
On technical issues, the province's Statistics Directorate explained, “Most issues with the census tablets have been resolved, with malfunctioning devices replaced…The remaining areas are in central Duhok, and the process is expected to conclude by midnight.”
Iraq's population census process, which started on November 20, will conclude tonight. This census marks the first such undertaking since 1987, when all provinces participated. A census in 1997 excluded the Kurdistan Region. For decades, Iraq relied on unofficial estimates from research centers, with the Planning Ministry estimating the population at over 42 million in 2022.