MAJEED: "IRAQ WILL ADJUST THE SALARIES SCALES BASED THE NEW RATE ACCORDING LAW # 22 OF 2008" 1 DEC

MAJEED

1-There is nothing showing today that the bond has started Plus, Forex is still closed 2-people didn’t get their salary today, and most likely they might get it tomorrow morning(Middle Eastern time) 3-why would yesterday“ weekend” the minister of finance meet, unless it was an urgent thing… and they stress the implementation with the council of ministers requested” adjusting salaries scales” which means based on the new rate according law to No 22 of 2008

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Rasheed Bank announced on Sunday that it will start raising the salaries of retirees for the 1st of December.

The bank's media office stated, in a statement received by the information agency, that "the bank has begun to raise the salaries of civil and military retirees for the first December month."

The bank called on all beneficiaries to "review the bank's branches and electronic payment offices to receive their financial dues." LFGGGG Notice they said a week ago that they paid the retirees…. But they didn’t… because they didn’t have money until 2025 budget was opened They’ll pay them tonight or tomorrow morning

MAJEED: "IRAQ WILL ADJUST THE SALARIES SCALES BASED THE NEW RATE ACCORDING LAW # 22 OF 2008

 

Iraq suspends official work on Tuesday, December 10 - Urgent, 1 dec

  Iraq suspends official work on Tuesday, December 10 - Urgent

11/30/2024

Baghdad

The General Secretariat of the Council of Ministers announced today, Saturday (November 30, 2024), that official work will be suspended in the country on Tuesday, December 10, on the occasion of Victory Day over ISIS.

A government source told Baghdad Today, “It was decided to suspend official work on Tuesday, December 10, on the occasion of the anniversary of the liberation of Iraq from the terrorist ISIS gangs (Victory Day).”

It is noteworthy that Iraq announced on December 10, 2017, victory over ISIS and the liberation of all cities that were controlled by the organization.   LINK

TIDBITS FROM MARKZ, 1 DEC

MarkZ

   [via PDK] 

 Iraq is preparing to vote on a number of very “Key” laws…tomorrow at 1 pm their time….. New budget tables going to parliament on Sunday or Monday so they can settle the HCL. Things are looking good.

 I really thought we might be across the finish line before thanksgiving...Comment: Sudani wanted the monetary reform done by Victory Day on Dec 10th.  MarkZ:  Yes - all my contacts are saying between [now] and Dec. 10th.

MNT GOAT: IRAQ IS NOW SERIOUS ABOUT MOVING AHEAD @DINARREVALUATION

Presidency of the Republic: We support initiatives to promote national unity, 1 DEC

Presidency of the Republic: We support initiatives to promote national unity

Baghdad-INA
The Presidency of the Republic affirmed on Saturday, its support for all initiatives aimed at strengthening national unity and consolidating human values.
 
The representative of the President of the Republic, Jamal Al-Muhammadawi, said during the first annual forum (Together for Peace), the role of the religious institution in promoting citizenship and coexistence, which was held by the Endowments of the Christian, Yazidi and Mandaean religions, and attended by the correspondent of the Iraqi News Agency (INA): "The convening of this first forum comes as we are in dire need to activate dialogue and promote the values of peace and citizenship amidst the challenges facing our world today," noting that "Iraq throughout its long history has been a model of peaceful coexistence and cultural pluralism, and its land has witnessed a civilized interaction between the various components, which made it an oasis of high human diversity. Today, this diversity represents a great opportunity to strengthen the bonds of national unity and consolidate the foundations of peaceful coexistence among all segments of the Iraqi people."
 
He added that "religious institutions, with their great spiritual and social role, represent one of the basic pillars for promoting the values of tolerance and peaceful coexistence and establishing the foundations of true citizenship. Hence, the importance of this forum, which brings together leaders of religious and cultural thought and political figures from various backgrounds to discuss the role of the religious institution in building a prosperous and cohesive Iraqi society." 
 
He continued, "President Abdul Latif Rashid stresses the importance of these meetings and his full support for all initiatives aimed at strengthening national unity and consolidating the human values that bind us all," indicating that "our shared responsibility requires us to work together in the spirit of one team to confront everything that threatens this coexistence or seeks to disperse our unified society." 
 
Al-Muhammadawi explained that "This forum is not just an opportunity to exchange opinions but it is a real platform for extending bridges of understanding and promoting a culture of dialogue.”
Al-Muhammadawi further outlined that the recommendations resulted from this forum will significantly impact shaping a roadmap towards a more peaceful and stable Iraq that embraces its entire people regardless of their religion, sects or ethnicities."

DINAR REVALUATION UPDATES: Trump threatens 100% tariff on the BRIC bloc of nations if they act to undermine US dollar: , 1 DEC

Trump threatens 100% tariff on the BRIC bloc of nations if they act to undermine US dollar

WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump on Saturday threatened 100% tariffs against a bloc of nine nations if they act to undermine the U.S. dollar.

His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates.

Turkey, Azerbaijan and Malaysia have applied to become members and several other countries have expressed interest in joining. 

While the U.S. dollar is by far the most-used currency in global business and has survived past challenges to its preeminence, members of the alliance and other developing nations say they are fed up with America’s  dominance of the global financial system.

The dollar represents roughly 58% of the world’s foreign exchange reserves, according to the IMF and major commodities like oil are still primarily bought and sold using dollars. The dollar’s dominance is threatened, however, with BRICS’ growing share of GDP and the alliance’s intent to trade in non-dollar currencies — a process known as de-dollarization.

Trump, in a Truth Social post, said: “We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy.”