Saturday, December 14, 2024
In an unannounced visit, the US Secretary of State pledges from Baghdad Iraq’s security and calls on it to strengthen its sovereignty, 14 DEC
Mawazine News – Baghdad
US Secretary of State Antony Blinken arrived in Iraq on an unannounced visit to hold talks on the future of Syria.
CNN reported that “the US Secretary of State made an unannounced visit to Iraq.”
Blinken said in a press briefing from Baghdad that he “discussed the situation in Syria with Iraqi Prime Minister Mohammed Shia al-Sudani in Baghdad.”
Blinken pledged that “Washington will prevent the return of the terrorist organization ISIS,” stressing “Washington’s commitment to Iraq’s security.”
He called on Iraq to “strengthen its sovereignty and stability.”
The US Secretary of State is conducting a regional tour that included Jordan and Turkey to discuss the situation in Syria following the fall of the Assad regime and the armed opposition assuming power.
TIDBIT FROM FRANK26, 14 DEC
Frank26
Parliament is so angry right now because they don't have the ability to steal like they used to. It's called profiteering.
If the politicians cannot profiteer anymore off the currency, off of the exchange rate through the CBI, through the auctions, what are they going to do?
Only two options - get lost or get along. The majority have decided to get along but they have lost some.
They're just stubborn people...Politicians that realize they have no more power in parliament are leaving...Bye Sadr.
Chase Bank has its talons locked in to the monetary reform by the jugular vein and it's not going to let go. When you go to them and you say, 'But you said it was a scam?' They'll look the other way and they won't give a shit...Chase is going to play a vital role, a major role in the monetary reform of the Iraqi dinar...
Former MP: Comprehensive salary scale amendment is an exaggeration, 14 DEC
Former MP: Comprehensive salary scale amendment is an exaggeration
Former MP Mohamed Ibrahim showed today, Thursday, that it’s miles not possible for any government to amend the revenue scale at once and comprehensively without going via successive stages and amendments that require time.
Ibrahim stated in an interview with dinaropinions.com, “After it was impossible to amend the income scale and have a unified revenue scale, there are truthful solutions including raising the salaries of the lower grades from the tenth grade to the seventh grade as a first stage, after which undertaking a observe and following up on the difficulty and figuring out whether there have been economic and financial profits or an effect on improvement due to this step,” indicating that “if this step is beneficial, the salaries of new process grades will be amended and so on.”
He delivered, “Adjusting the earnings scale from the primary to the 10th grade is an exaggerated assertion and no government can do it,” noting that “the government were given involved in claiming the capability to amend the revenue scale on the contemporary level, and now the boundaries to that have grow to be clear to it.”
it is noteworthy that many laws had been not on time in passing inside the house of Representatives because of their economic implications or the lack of consensus the various political blocs on their regulation.
ARIEL: Are We To Expect Major Announcements? , 14 DEC
ARIEL
Iraqi News Update 
Are We To Expect Major Announcements?
Governor Ali-Alak of the CBI came out some weeks ago and stated that there is an international anticipation to celebrate an occasion regarding their monetary reform policy.
As he has also recently said that opening channels in foreign and Arab currencies achieves stability in the exchange rate and gradually eliminates the black market.
Which can only mean that since they have completed 100% of their financial obligations which was a requirement in order to move to this next phase it should not be surprising of the special meeting over the weekend involved powerful organizations. UNICEF UNESCO World Bank Etc. And ofcourse 140 deputy ambassadors arriving in Basra. The presence of international bodies like the World Bank, as well as ambassadors, indicates the event's importance.
These organizations wouldn't typically attend unless the event had substantial international implications, such as Iraq positioning itself as an attractive investment destination or announcing reforms that could impact global markets. The mention of showcasing Iraq to investors could point to Iraq demonstrating progress in economic reforms, infrastructure development, and stability. This might include the following. • Transparency measures to attract foreign direct investment. • Policy changes to make Iraq a more competitive market. • Highlighting sectors like oil, tourism, and agriculture for potential investors. Listen, If Iraq plans to release a new exchange rate for the Iraqi Dinar, this event could be the stage for such an announcement.
A revaluation of the dinar would attract foreign investors who have been waiting for a more stable and globally recognized currency. Do you think we are finally at the doorstep? Because it definitely appears that way in many regards. Basra is Iraq's economic capital, especially as it relates to oil exports. Hosting this event there could symbolize Iraq leveraging its oil wealth as a foundation for broader economic growth and reforms. Basra's position as a gateway to the Gulf enhances its significance as a center for trade, investment, and international collaboration. I do not know of any other time that would be more appropriate than what is to happen over the weekend.
If Iraq intends to release a new exchange rate, the timing of this event suggests it could be coordinated with international acknowledgment and celebration to gain credibility and market trust. The timing right now is just to significant. The international participation underscores the global interest in Iraq’s progress, and the showcase for investors suggests a move toward transparency and competitiveness. Watching how this unfolds could provide clarity on Iraq’s economic trajectory and its impact on global markets. Let's see what they have for us.
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