Friday, November 29, 2024

Al-Sudani: We Have Contact With Trump's Team And They Want To Develop Relations With Us, 29 NOV

 Al-Sudani: We Have Contact With Trump's Team And They Want To Develop Relations With Us

Thursday 28 November 2024 11:08 | PoliticsNumber of readings: 358

Baghdad / NINA / Prime Minister Mohammed Shia al-Sudani stressed: "Iraq's relations with the United States are institutional according to the strategic framework agreement."

Al-Sudani said in an interview with the Spanish newspaper El Mundo: "We have communication with Trump's team and they want to develop relations with us."

Regarding Iraq's relations with Spain, he explained: "We are facing a distinguished stage in relations with Spain and there is a mutual desire to develop and advance them in all fields," adding: "Spain is part of the international coalition that helped us eliminate the terrorist ISIS, and based on our request, the mission of the international coalition will end within two years due to the lack of justification for its existence."

He said: "There are Spanish companies in Iraq, especially in the railway and transportation sector, and we are keen to have more companies for their efficiency and experience in implementing projects. We will sign several memoranda of understanding with Spain and there is a financial ceiling of 200 million euros to one billion euros to cover projects implemented by the Iraqi and Spanish private sectors."

He pointed out that a railway project worth 250 million dollars was referred to a Spanish company, and negotiations are underway with another Spanish company on a high-speed train project between the governorates of Najaf and Karbala.

Regarding the situation in Iraq, Al-Sudani said: "The capabilities of our security services have reached an advanced stage and there is political stability that has been reflected in the general situation of the country."

Regarding the ceasefire in Lebanon, the Prime Minister described the agreement as an important event, expressing his hope that it will include the Gaza Strip to reflect on the stability of the region.

He continued: "Our laws stipulate non-recognition of the Zionist entity, and the Palestinians are the owners of the land and the cause, and they are the ones who decide the formula for the solution to their cause." / End 2   https://ninanews.com/Website/News/Details?Key=1171569

WE ARE GOING TO HAVE A WONDERFUL CHRISTMAS BY WOLVERINE, 29 NOV

 WOLVERINE

  • Thurs. 28 Nov. 2024 Wolverine: “I’m under an NDA so can’t say much, but we are going to have a wonderful Christmas.

  •  Check your emails at hourly.”

Coffee with MarkZ. 11/29/2024

November 25–27, 2024: Redemption Centers Fully Operational, 29 NOV

 November 25–27, 2024: Redemption Centers Fully Operational

  • Reports from Insiders: Early Redemption Center attendees described holographic presentations detailing how seized elite assets are being redistributed into humanitarian initiatives. These briefings showcased real-time updates on confiscated offshore accounts and funds allocated for rebuilding regions devastated by economic sabotage.

Al-Tawki: Agreement on the region’s dues paves the way for broader understandings on the oil and gas law, 29 NOV

  Al-Tawki: Agreement on the region’s dues paves the way for broader understandings on the oil and gas law

Member of the Parliamentary Oil and Gas Committee, Kazem Al-Tawki, revealed an agreement that paves the way for broader understandings regarding the oil and gas law.

Al-Tawki told {Euphrates News} that: “The recent agreement with the Kurdistan region is considered a good initiative because the point of contention in the law was the issue of dues and the costs of extracting the region’s oil.”

He added, “It set a high ceiling for financial costs estimated at $22 to extract one barrel, although the costs of extracting oil in the south and the central government contracts do not exceed $12 as the highest cost.”

REVALUATION UPDATE FROM JULIAN ASSANGE ‪@DINARREVALUATION

 




"MONETARY REFORM FOCUSES ON THE BANKING SECTORS OF IRAQ" BY FRANK26, 29 NOV

 KTFA

FRANK26: "MONETARY REFORM FOCUSES ON THE BANKING SECTORS OF IRAQ"

Focus on the banking sector


11/26/2024

Yasser Al-Mutawali 

 

It is noted these days that there is a growing interest in the banking sector in general, both governmental and private sectors. 

What does this trend mean?

This comes amidst a noticeable shift in attention towards the banking sector through the government’s allocation of significant time in light of its enormous responsibilities, which means its awareness that all economic activities, including the implementation of strategic projects and means of encouraging investment, require a solid banking sector to implement its economic programs.

This moral support, which is represented by interest, requires taking encouraging steps for banks to perform their role to the fullest extent, represented by laws and procedures that guarantee the banking sector and push it towards implementing its required development programs.

The month of October of this year witnessed many important meetings between the government and representatives of the banking sector, which discussed the requirements for activating banks.

It is noteworthy that the focus was on the process of restructuring Rafidain Bank, which is the first bank in Iraq that the government relies on to play a developmental role that matches the size of its savings, especially since it is the container that preserves government savings as well as the savings of the public, which are no less important. The goal is certainly to invest this money and put it into the labor market in a way that achieves rapid capital turnover that contributes to creating wide job opportunities by operating idle production sectors, workshops, factories, etc. However, this interest was not limited to government banks, but rather extended to the same interest in private banks through meetings and discussions of their needs, whether by the government or the Central Bank of Iraq, and attempts to overcome the challenges they face.

The results of this government movement represented by the interest in the government sector and in parallel with that, the completion of the final touches to the lending strategy and its launch, which comes to correct the course of random, non-targeted loans. This new strategy is relied upon to activate various important economic sectors represented by directing loans towards implementing projects with a strategic dimension that contribute to stimulating the economy and help in diversifying sources of income as a final product for banks and correcting the structural distortion in the economy and its transition from a rentier economy to a diversified economy. This is the summary of the objectives behind the increasing government interest in the banking sector, and from here came the realization of the importance of the banking sector in achieving sustainable development. In addition to that, the launch of the activity of Riyada Bank to support small projects within the objectives of providing job opportunities for unemployed youth, as well as providing some market requirements for goods, commodities and products that reduce the import process that absorbs foreign currency. There is no doubt that launching the trading of the issuance of government bonds (Injaz) involves achieving the same reform and development goals and falls within the government's interest in the banking sector, which will contribute to promoting, selling and trading them.


LINK

FRANK26 & OMAR: IRAQ BOOTS ON THE GROUND REPORT: IRAQ & USA GIVE THE GREEN LIGHT TO THE PM

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