JENTEL SHORT
12/10/2024
Received in readings today. It should be Friday for us. Its Saturday for the announcement of the rate in the Gazette.
I don't think it matters that Iraqi banks close on the 15th.
I think they are trying to attract debt instruments and get their RV in the country realized to some extent.
They are doing their RV in the country now.
Jen
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Bravo 👏👏👏
Al-Sudani: Iraq is a key member of the international coalition
Prime Minister and Commander-in-Chief of the Armed Forces, Mr. Mohammed Shia Al-Sudani, received today, Tuesday, Commander of the US Central Command, General Michael Kurilla, and his accompanying delegation.
The meeting witnessed discussions on cooperation and coordination between Iraq and the international coalition in combating terrorism and confronting extremism. The Prime Minister stressed that Iraq is a key member of this coalition and is committed to cooperating with the international coalition to confront and monitor terrorist groups in a way that preserves security and stability in the region. In return, Mr. Kurilla stressed the commitment of the international coalition to support Iraq in preserving its security and sovereignty against any terrorist threat.
The meeting also included discussions on the latest developments in Syria and the ongoing repercussions in the region, where Mr. Al-Sudani stressed the importance of respecting the free choices of the Syrian people and Iraq's readiness to help the Syrians in these circumstances and the transitional phase.
His Excellency pointed out the necessity of preserving Syria's security, the unity of its territories, the safety of its people, and the ethnic, religious, and social diversity it enjoys, stressing the importance of preventing any attack on any of the components of the Syrian people or its religious sanctities, and that Iraq will follow the course of events and the credibility of actions, not words.
Mr. Al-Sudani reiterated Iraq's commitment to working with Arab and neighboring countries to help the Syrians and consolidate security and stability in the region. link
JULIAN ASSANGE
Mon. 30 Dec. 2024: Final stages of the transition to the new financial system completed. People will begin to access their revalued currencies and debt relief programs. …Mr. Pool, Julian Assange on Telegram Wed. 4 Dec. 2024
· Wed. 1 Jan. 2025: Basil 4 compliance deadline January 2025 - all banks have to prove the money they say they have is backed by gold in their vault. A new era of Freedom and Prosperity officially begins.
· Fri. 3 Jan. 2025: Global Unity announced as former Alliances restructure. Leaders will present plans for long term peace and cooperation across nations.
· Sun. 5 Jan. 2025: Release of advanced technologies previously suppressed. Free energy devices, healing technologies and environmental restoration tools will be made available to the public.
· Mon. 6 Jan. 2025: The Quantum Financial System (QFS) will officially be activated Worldwide. This secure, transparent and decentralized system will replace the old banking structure, ensuring fairness and equality for all.
· Fri. 10 Jan. 2025: Full disclosure of Galactic Alliances and contract with extraterrestrial civilizations announced to the World. A new chapter for Humanity begins.
· Mon. 27 Jan. 2025: The first Med Beds will be introduced to the public, bringing hope and healing to millions. These advanced technologies will begin their initial rollout, prioritizing those in critical need and children suffering from long term illnesses.
· Wed. 29 Jan. 2025: Global Healing Centers equipped with Med Beds begin operations in strategic locations worldwide. Training programs will be launched to educate specialists in this life-changing technology.
· Fri. 31 Jan. 2025: Public demonstrations of Med Bed capabilities will be broadcast globally, showcasing their potential to restore health, reverse aging and eradicate disease. A new standard of well being will be established, redefining humanity’s relationship with Healthcare.
· Mon. 3 Feb. 2025: An international Med Bed Access Program is announced, ensuring equitable distribution and usage. Leaders affirm that every individual, regardless of status or location, will have the right to healing and restoration.
· The age of Med Beds heralds not just physical healing, but a symbolic step toward a future where advanced technology serves the greater good. The World stands united in embracing this transformation.
UN Mission: Iraq has proven to the world that it is capable of overcoming challenges and building the future
The United Nations Assistance Mission for Iraq (UNAMI) confirmed today, Monday, that Iraq has proven to the world that it is capable of overcoming challenges and creating the future.
The mission stated in a statement issued on the occasion of Victory Day in Iraq, and received by the Iraqi News Agency (INA): "On December 10, Iraq celebrates Victory Day, in commemoration of the liberation of its lands from the control of the terrorist organization ISIS. This day represents an important national milestone in which the country recalls the great sacrifices made by the Iraqis to restore their land and establish security and stability throughout the homeland."
It added, "Victory Day, in addition to being an occasion for heartfelt congratulations, comes to emphasize the need to preserve the gains achieved thanks to the efforts of everyone here in Iraq in addition to their partners from around the world. It also represents a call for everyone to strengthen national unity and joint action for a strong Iraq capable of facing challenges and free from the tensions and conflicts that plague the region."
She continued, "On this occasion, we also appreciate the achievements made since the field victory over terrorism, and we call for continued work to rid Iraq not only of the remnants of ISIS, but also of all forms of extremism and fanaticism. We look forward to an Iraq in which everyone enjoys security, peace, respect for human rights and the rule of law, and to turning the pages of the painful past forever by promoting national reconciliation in a way that ensures the preservation of gains, focusing on what unites the word and unifies the ranks, and avoiding areas of division and division, including controversial topics that do not contribute to strengthening the unity of the fabric of society and the cohesion of its components.
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She indicated that "our great hope is that the joy of victory will be complete with the return of all those forcibly displaced due to this conflict to their homes with dignity and safety and when all Iraqi citizens are returned from Al-Hol camp in northeastern Syria and integrated into society."
"In this context, we appreciate the great efforts made by the Iraqi government, with the support of the UNAMI mission and the team of United Nations organizations working in Iraq, in these files in particular," she added, noting that "the United Nations renews on this occasion its full support for Iraq, government and people, in restoring sovereignty and full control over its territories and achieving stability and sustainable development."
The mission concluded its statement by saying, "Iraq has proven to the world that it is capable, with the solidarity of its people, of overcoming challenges and creating a brighter and more prosperous future for all its citizens." link
Stop of Currency Auctions in Iraq 2024
The Central Bank of Iraq (CBI) has announced the cessation of its electronic platform for foreign currency transfers, a move that marks the end of the long-standing dollar auction system. This decision, effective by the end of 2024, aims to align with international standards and enhance the transparency of financial transactions.
The CBI has stated that the transition from the electronic platform to direct bank transfers has been gradual and closely monitored. As of 2024, 95% of the transition has been completed, with the remaining 5% expected to be finalized by the end of the year. This shift is intended to reduce reliance on the dollar auction and promote direct relationships between Iraqi banks and their international counterparts.
The CBI has assured that this move will not affect exchange rates or transfer operations. The official exchange rate, according to the CBI, is a true reflection of economic practices, and any discrepancies are attributed to unauthorized practices involving higher costs for non-official transactions.
Despite the CBI's assurances, there are concerns about the potential financial crisis and new threats facing Iraqi banks by the end of 2024. The President of the Association of Iraqi Private Banks, Wadih al-Hnal, has highlighted the dysfunction in the structure and operational system of Iraqi banks, which have struggled to adapt to the new regulations.
Prime Minister Mohammed Shia' al-Sudani's recent visit to Washington has bolstered the government's commitment to closing the dollar auction window. The joint statement following the Iraqi-American discussions emphasized Baghdad's efforts to reform its financial and banking sectors, aiming to integrate Iraq into the global economy and boost trade.
The transition involves implementing new pre-audit processes for currency transfers, including transactions in US dollars. Currently, 13 Iraqi banks are implementing these processes, which are designed to align with international standards and anti-money laundering laws.
The dollar auction, which has been in place for over two decades, has been a mechanism for preserving the value of the Iraqi dinar and combating speculative operations in the parallel market. The CBI's plan to gradually cancel the auction and maintain it for audit and statistical purposes is part of a broader effort to modernize the Iraqi banking sector.
The cessation of the dollar auction and the transition to direct bank transfers represent significant steps in modernizing Iraq's financial and banking sectors. While there are concerns about the potential challenges, the CBI and the Iraqi government are committed to ensuring a smooth and transparent transition, supported by international standards and practices.
Head of Parliamentary Finance to World Bank delegation: We support any loans that bring benefit On Wednesday, January 8, 2025, the head of...