Tuesday, December 10, 2024
FRANK26" "TRUMP TALKS TO BARZANI MORE THAN MACRON... GET YOUR GOV. IN ORDER!!! I ALREADY TOLD SUDANI!!!", 11 DEC
KTFA
FRANK26" "TRUMP TALKS TO BARZANI MORE THAN MACRON... GET YOUR GOV. IN ORDER!!! I ALREADY TOLD SUDANI!!!".........F26
Most notably Trump and Macron.. Nechirvan Barzani meets world leaders in Paris (photos)
12/8/2024
The President of the Kurdistan Region, Nechirvan Barzani, met with leaders and heads of state on the sidelines of participating in the reopening ceremony of "Notre Dame Cathedral" in the French capital, Paris.
According to the photos published by the presidency of the region, the most prominent leaders and chiefs that President Nechirvan Barzani met with are: French President Emmanuel Macron, US President-elect Donald Trump, and American billionaire and businessman Elon Musk.
An official reception ceremony was held in Paris for President Nechirvan Barzani, via an official procession carrying the flag and name of Kurdistan.
In response to an official invitation from French President Emmanuel Macron, Nechirvan Barzani, President of the Kurdistan Region, participated yesterday evening, Saturday, along with a number of world leaders and presidents, in the reopening ceremony of the historic Notre Dame Cathedral in Paris.
DINAR REVALUATION REPORT: Important news , 11 DEC
DINAR REVALUATION REPORT
Important news 
The next time they may try to pass it is expected to take place in a special parliamentary session by the end of the year or it’ll be discussed in early 2025
#IQD
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#IQD%2012.38.25%E2%80%AFp.%C2%A0m..png)
Will the local market be affected by the events in Syria? A detailed Iraqi view of the scene, 10 DEC
Will the local market be affected by the events in Syria? A detailed Iraqi view of the scene
The economic expert, Abdul Rahman Al Mashhadani, presented a detailed vision of the possibility of the local market being affected by the events in Syria after the fall of Syrian President Bashar Al Assad.
Al-Mashhadani ruled out via {Al-Furat News}: "The Iraqi market was greatly affected by the events in Syria because trade with Syria was greatly reduced after the sanctions imposed by America on banks," noting that "there are alternatives to Syrian products, as imports from them were mainly fruits and vegetables."
He expected that "there will be a positive impact on the dollar and that the value of the Iraqi dinar will improve in the coming period, and if the American sanctions on Syria are eased, it will have a positive impact, considering that it was one of the links in the sanctions."
Al-Mashhadani explained that "the American position towards the events in Syria is positive and there is clear support, as evidenced by the fact that the American side is thinking of removing the names of terrorist organizations from the so-called front that entered Damascus, which will lead to flexibility in commercial dealings."
He stressed that "the situation in general needs time for things to stabilize and for the borders to reopen."
The dollar exchange rate against the dinar decreased on Monday afternoon in Baghdad markets, coinciding with the closing of the stock exchange.
The dollar exchange rate reached 150,700 dinars for $100 at the close of the Al-Kifah and Al-Harithiya stock exchanges, while this morning it recorded 151,000 dinars for $100.
The selling price in exchange shops in the local markets in Baghdad was 151,750 dinars for $100, while the purchase price was 149,750 dinars for $100. link
GOLDILOCKS: CBI INTEL CALL "Taking Steps to GO INTERNATIONAL" CC HIGHLIGHTS NOTES, 10 DEC
GOLDILOCKS: CBI INTEL CALL "Taking Steps to GO INTERNATIONAL" CC HIGHLIGHTS NOTES
Summary
Goldilocks Global Banking News shares insights from a recent CBI conversation, highlighting Iraq’s shift towards digital banking and its international integration.
Highlights
- 🌍 Iraq is the birthplace of humanity, emphasizing its spiritual significance in the RV GCR.
- 💳 Iraq is moving towards digital banking with electronic wallets and card systems.
- 🤝 CBI is collaborating with international firms to modernize Iraq’s financial systems.
- 📈 A shift away from the Federal Reserve’s control is planned by year-end.
- 🌐 Iraq is integrating its customs and ports with automated systems to enhance trade.
- 🏦 The Iraqi dinar is poised for appreciation as it connects with global markets.
- 🔗 ISO currency codes are critical for Iraq’s international trade and financial integration.
Key Insights
- 🌟 Spiritual Importance: Iraq’s historical roots as the Garden of Eden highlight its unique role in global civilization, framing the RV as a spiritual journey alongside financial gains.
- 💻 Digital Transformation: The move towards digital banking is crucial for Iraq to engage with the global financial system, enabling seamless transactions and fostering economic growth.
- 🏢 International Partnerships: Collaborations with firms like Oliver Wyman are vital for Iraq’s modernization, ensuring it meets international banking standards and practices.
- 📉 End of Federal Control: The planned transition away from the Federal Reserve’s platform signifies a major shift in Iraq’s financial sovereignty and aims to stabilize the dinar.
- 🚢 Customs Automation: Integrating automated customs systems will enhance trade efficiency, reduce corruption, and support Iraq’s accession to the World Trade Organization.
- 📊 Value of the Dinar: The expected appreciation of the dinar as it engages internationally underscores the importance of these reforms for holders of the currency.
- 🔍 ISO Code Integration: Implementing ISO currency codes is essential for Iraq’s trade relationships and will facilitate smoother currency conversion in the new financial landscape.
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