Iraqi Parliament begins voting on Personal Status Law amendments
Shafaq News/ Iraq’s Parliament began, on Monday, voting on amendments to the Personal Status Law, following months of political, public, and legal debates over the provisions to be revised.
Earlier today, the Parliament held a regular session with a full agenda that included votes on the Personal Status Law, a general amnesty Law, and the Restitution Property Law — issues that continue to provoke political controversy.
The amendments to the Personal Status Law have been the subject of intense discussion, with various political and civil society groups expressing differing opinions on the proposed changes regarding marriage, divorce, inheritance, and child custody
Sun. 1 Dec. 2024 Texas Snake: “Being advised by several to remain alert for (Tier4b Us, the Internet Group) notifications tomorrow (Mon. 2 Dec. 2024).”
FRANK26: "ANNUAL IMPLEMENTATION OR AUDIT?".........F26
Rafidain Bank announces the suspension of all types of credit activities
11/29/2024
Rafidain Bank announced the suspension of credit activity as of December 15th for the purposes of annual implementation.
The bank confirmed in a statement received by {Euphrates News} a copy of it that "due to the approaching end of the fiscal year and for the purposes of the annual application and to make room for the liquidation of the suspended funds and the preparation of statistics and annual inventory and the organization of budgets, all types of credit activity will be stopped on December 15, and loan applications and other banking services will not be promoted." The bank directed its branches in Baghdad and the governorates to "complete all completed transaction requests that have advanced procedures before the above date." The statement pointed out that "work on promoting loans will resume early next year." LINK
🏦 Financial Preparation: Banks are gearing up for increased transactions as the date approaches.
🎊 Celebrations Planned: Large-scale festivities in Iraq and Vietnam to mark this momentous occasion.
💬 Community Excitement: Influential voices in the currency communities express optimism about the RV’s implications.
Key Insights
🌟 Transformative Financial Moment: The RV signifies a pivotal shift in global currency dynamics, offering new investment opportunities and increased trust in emerging markets.
🔄 Realignment of Financial Systems: Trump’s emphasis on this revaluation indicates a strategic move to recalibrate global financial systems, fostering more inclusive economic participation.
📊
Positive Market Reactions: Heightened speculative activity suggests strong investor confidence, with expectations of significant increases in the values of both the VND and IQD.
⚖️ Economic Stability Factors: Iraq’s diversification of revenue sources and Vietnam’s effective inflation control are critical to the success of this revaluation, reinforcing their economic resilience.
🏛️ Legislative Support: Iraq’s upcoming parliamentary session may introduce key laws to further support the RV process, showcasing proactive governance.
🏙️ International Participation: The planned celebrations and involvement of international stakeholders highlight the global importance of the RV, reinforcing economic ties.
📅 Preparation is Key: Currency holders are advised to ensure their documentation is ready, emphasizing the importance of being prepared for this historic financial event.
Al-Sudani confirms Iraq's readiness to return to the International Olive Council
11/29/2024
Baghdad
Prime Minister Mohammed Shia Al-Sudani confirmed today, Friday, that Iraq is ready to return strongly to be an active member of the International Olive Council.
A statement by the Prime Minister's media office received by "Al-Eqtisad News" stated that "Al-Sudani received at his residence in the Spanish capital, Madrid, today, Friday, the CEO of the International Olive Council /l OC, Mr. Jaime Lillo Lopez."
The statement added that "during the meeting, aspects of cooperation in the fields of agriculture and food industry were discussed, and the importance of Iraq joining the International Olive Agreement was emphasized, after the Iraqi Parliament approved joining the agreement, and preparations are underway to return to the International Olive Council, which is headquartered in Madrid."
The Prime Minister stated, "Iraq is ready to return strongly, to be an active member of the International Olive Council, especially since it is currently one of the olive producing countries, and is preparing to prepare the lands for the production of large farms that also have climatic importance.
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For his part, the President of the International Olive Council pointed out the "necessity of Iraq's return as an active member of the Council, given its enormous potential to be an olive exporting country, not an importing one," stressing the Council's "readiness to send laboratories and researchers to Iraq, and to assist in optimal water management projects."