Tuesday, December 24, 2024
Europe 'Displeased' With Trade Volume With Iraq, 25 DEC
Europe 'Displeased' With Trade Volume With Iraq
Money and business Economy News – Baghdad The European Union renewed its confidence in Iraq's calm and successful diplomatic steps in light of the tensions witnessed in the region and the world, stressing that the partnership with Iraq is intensive and built on trust.
While he indicated that he is following up and discussing with the government of Mohammed Shia al-Sudani the best ways to implement the vital "Development Road" project for the region and the world, he announced that the (27) member states of the Union, in light of the improvement witnessed by Iraq, are discussing how to facilitate the entry of Iraqis into it, especially for the sake of the economy and academic exchange.
The EU Ambassador to Iraq, Thomas Seiler, said: “The partnership between the EU and Iraq is intense and built on trust, and there is cooperation in many areas, especially with regard to modernizing the state and democracy, and reintegrating Iraq into the international system in terms of international rules and standards, such as the World Trade Organization.”
Trade and investment
Sayler expressed his hope for increasing trade and investment exchange with Iraq.[/rtl]
He pointed out that "the volume of trade exchange between the European Union and Iraq is not sufficient yet, it is not even half the volume of Iraq's trade balance with China," stressing that "increasing bilateral trade and European investments in Iraq is one of our main policy goals in 2025."
Iraq's diplomacy
Regarding regional and global developments, he explained that "the European Union is in continuous consultations with the Iraqi government on regional developments, and we exchange views and try to work together to face challenges, especially the situation in Syria now," expressing "the European Union's great appreciation for the successful position of the Iraqi government to calm tensions."
He also noted that "it is certain that the Iraqi consultations with Iran regarding the security situation in the region have a positive impact," stressing that "no issue in the region can be resolved through violence, but only through diplomacy and dialogue."
European visas
Regarding entry visas for Iraqis to the European Union, Sailer explained that "this is the responsibility of the twenty-seven member states of the European Union," stressing that "the European Union is aware of the increasing positive development of the security situation in Iraq."
We are working with member states to find out how to facilitate the entry of Iraqis, especially for economic and academic exchange," he added.
Development path
The EU ambassador concluded his remarks to Al-Sabah by saying: “For the European Union, the (Iraqi Development Road) project is a major infrastructure project for the entire region,” indicating that “the Union is actively participating with the Iraqi government and with Turkey to find out the best ways to implement the project, as well as with the participation of the Kurdistan Region of Iraq,” and he stressed that “European companies are working in (the Grand Faw Port) and we want to expand our cooperation.” 139 views 12/23/2024 - https://economy-news.net/content.php?id=51192
STATUS OF THE RV BY MNT GOAT, 25 DEC
STATUS OF THE RV
I wanted to come in today and give a normal Tuesday Newsletter. However, I will try to make it shorter than normal since I know many are still shopping or making last minute preparations for spending time with family and friends over this Christmas season.
So, first I wanted to dispel some idiotic rumors once again. As normal around Christmas time these idiot intel gurus (mostly namely the TNT idiot) tells everyone that the contractors are being paid at an RV rate and this time of $3.91 per dinar.
Really? How is this possible. Simply put – its NOT.
It is stupid to even repeat such a lie. How unknowing even about the financial system in Iraq to think this could even be possible when the “official” rate of the Central Bank of Iraq (CBI) is still at 1320 dinars per dollar.
No they are not trying to covertly implement the RV slowly behind our backs. Again, more nonsense. There are no games being played here.
The CBI told us many times already they would be upfront and straight forward about the process of the RV. Oh… but once again these gurus are just speculating and that is the fashion of all their intel. When will they actually get down to telling their listeners about FACTUAL information.
Think about it…. why in hell would the finance committee pay out to contractors at this absorbent rate when at a time when the CBI is trying to reel in dollar and stabilize the economy?
Although it is what we as investors are looking for right now, it would only destabilize the economy if they do not follow the entire process all the way through.
Yes, there is a process to success of this kind of major revaluation that is coming. So, when I hear rumors such as this, I normally bump them off my CBI contact and 99% of the time they are just rumors or lies.
Remember a lie is when you damage someone or hurt someone maliciously, thus knowing that this could happen, but still tell it anyway. This is hurtful and these people should be ashamed of themselves. The intel gurus can’t hide from their responsibility and claim they are just “passing” on information. Where has common sense gone?
In today’s news we read in a couple of the articles that tell us that sudden changes in the rate of the dinar could be disastrous for the economic stability of Iraq. Opps! There’s that word again – STABILITY. Yes, how many times must the CBI tell us they need STABILITY and SECURITY in order to execute the Project to Delete the Zeros, in the next phase.
😊Please go read the article titled “ THE DOLLAR MARKET IS ON “ONE LEG”.. A NEW MECHANISM AND THE EXCHANGE RATE IS THREATENED!” I quote from the article-
“In light of these moves, news has been raised about a move towards a new adjustment to the exchange rate, which has raised economists’ concerns about the potential impact of this move on the economic process in general.”
“Experts stressed that sudden changes in monetary policy could create additional confusion in the markets and undermine confidence in the financial system.”
What are they saying in this article?
This article is not bad news but rather they are just telling us that there is a process in place to change-out the dinar to the lower denominations and effect the rate as part of this process without causing havoc.
A higher, sudden RV, if not done appropriately would cause havoc.
I explained this process and I only hope my readers are not that stupid to fall for this TNT garbage intel. They (the authors of the article above) are saying you can’t just, for instance, decide to pay out contractors at $3.91 and ignore everything else that may be impacted by such a sudden change in rate. Get it? Do you see just how stupid this idiot TNT Tony is to even repeat such nonsense to his listeners.
He just creates rumors that filter down to many of the other gurus who then use his information on their sites. His calls are all just about rumors. The rumors blossom and before you know it everyone is spreading it as if it’s the truth.
Then again when nothing happens, for the thousandth time, everyone is hurt and the stress continues. Then they come to Mnt Goat Newsletter and it affects their point of view too. Yes, it does impact my readers and this is why I try to clarify these rumors and put them to rest. And yes, I am sick and tired of having to do this just as you are reading it.
Parliamentary Committee: Iraq Is Heading Towards A Major Investment And Economic Boom, 25 DEC
Parliamentary Committee: Iraq Is Heading Towards A Major Investment And Economic Boom
Economy |Today, Baghdad Today – Baghdad The Parliamentary Investment and Development Committee confirmed, today, Monday, December 23, 2024, that Iraq is heading towards a major investment and economic boom during the next stage.
Mohammed Radhi told Baghdad Today, "The stability achieved at the political, security and governmental levels will lead to important and large investment opportunities during the next phase, and this will generate great prosperity at the economic level, and this will lead to an important construction leap in various infrastructures."
Radhi added, "The Iraqi government has achieved successes in the investment file and strengthening the economic and financial conditions, and these successes have been positively reflected in the services, reconstruction and development file, and the next stage will show these successes more clearly through investment and economic prosperity at various levels."
In April 2024, the International Monetary Fund expected the Iraqi economy to grow by 1.4% in 2024 and 5.3% in 2025, and urged structural reforms and debt stabilization.
The Iraqi government also announced a decrease in unemployment from (16.5%) to (14.4%), a reduction in the poverty rate from (23%) to (17%), a decrease in the inflation rate from (6.1%) in 2021 to (2.5%), and an increase in non-oil revenues to (14%), after representing (7%) of the budget. LINK
HOLLY CELIANO CC HIGHLIGHTS NOTES, 25 DEC
HOLLY CELIANO CC HIGHLIGHTS NOTES
Summary
In this video message, Holly Celano addresses her audience with a Christmas greeting while providing updates regarding the anticipated financial changes, specifically focusing on the revaluation of currencies and bonds associated with Iraq.
She emphasizes that, contrary to various reports circulating online, no significant financial movements will occur before the New Year.
Holly reassures her audience that a transition to a new financial and governmental system is set to begin in January. She highlights the importance of patience during this period, indicating that the revaluation of currencies and the release of bond payments will not take place until January.
Furthermore, she mentions a symbolic date—January 6th, which aligns with the Orthodox celebration of the Epiphany, as a potential turning point for these financial developments.
Holly encourages her audience to remain hopeful and to celebrate the holiday season joyfully, assuring them that the anticipated changes are underway and unavoidable, with 2025 being a pivotal year for these transitions.
Highlights
- 🎄 Christmas Greetings: Holly Celano shares a heartfelt Christmas message to her audience.
- ⏳ Delayed Financial Movements: She clarifies that no financial transactions or currency revaluations will occur before January.
- 📅 January Transitions: All significant changes regarding the new financial and governmental systems are set to launch in January.
- 💰 Bonds and Currencies: Holly differentiates between bonds and currencies, stating that bond payments will commence in January, while currency revaluations will follow.
- 🎉 Epiphany Significance: January 6th is highlighted as an important date, historically linked to the arrival of gifts from the Magi.
- 🌟 Encouragement for Patience: Holly urges her audience to remain patient and hopeful, reinforcing that the anticipated changes cannot be stopped.
- 🗓️ Looking Ahead to 2025: A pivotal year for the anticipated financial changes is identified as 2025.
Key Insights
🔍 Impact of Misinformation: Holly addresses the rampant misinformation circulating in various forums regarding financial revaluations and bond payments. This underscores the importance of relying on verified sources for financial news, as misinformation can lead to unnecessary distress among investors and individuals awaiting these transitions. Many people hang on every word shared by various online channels, which can create unrealistic expectations and disappointment.
📈 Transitioning Financial Systems: The transition to a new financial system that Holly mentions is significant. It suggests a shift in how money is managed and circulated, which could affect everything from personal finances to global economic systems. This transition aligns with broader global trends towards modernization and digital banking, indicating a potentially transformative period for financial systems worldwide.
💵 Bonds vs. Currencies: Holly clarifies the distinction between bonds and currencies, which is crucial for understanding the financial landscape. Bonds typically represent long-term investments that may have different timelines for payouts compared to currencies that can fluctuate in value. This distinction is vital for investors, as it helps them strategize their financial decisions based on the timing of these movements.
🕊️ Symbolism of January 6th: The reference to January 6th as the day of Epiphany holds both historical and spiritual significance. This date has traditionally been associated with the arrival of gifts, symbolizing hope and new beginnings. By linking this date to potential financial developments, Holly provides a sense of optimism and encourages her audience to view it as a time of renewal and opportunity.
📅 The Importance of Patience: Holly’s message emphasizes the value of patience during times of uncertainty. This is a critical insight for those involved in investments or waiting for financial changes. Understanding that significant changes may take time can alleviate anxiety and encourage a more measured approach to investments and financial planning.
🌍 Global Implications of Financial Changes: The transition to a new financial system not only affects individuals but can also have implications for international relations and economic stability. As countries like Iraq undergo these changes, the ripple effects could influence global markets and trade. Observing these transitions can provide insight into the future of international economics.
🌈 Hope and Positivity: Finally, Holly’s message is one of hope and positivity amidst uncertainty. Encouraging her audience to embrace the holiday season joyfully and to remain optimistic about the future reinforces the idea that good things are on the horizon. This positive outlook is essential for maintaining morale and motivation during challenging times, especially for those who have invested emotionally and financially in these anticipated changes.
Overall, Holly Celano’s video serves as a reminder of the importance of patience, the impact of misinformation, and the hope that accompanies new beginnings in the financial landscape.
MAJEED: IRAQ MUST RV INTERNATIONALLY IMMEDIATELY!!, 25 DEC
MAJEED
WOW..... HERE WE HAVE A VERY IMPORTANT Piece of data!!!
Iraq must RV Internationally immediately and Parliament ordered the different foreign exchanges operating in Iraq to begin to gear up for a update for International transactions...
This is a huge piece of the puzzle of bringing in Cash Flow!!
Subscribe to:
Comments (Atom)
Iraq’s New Technocrat PM Sparks Optimism Amid Rising U.S.-Iran Tensions #dinaresgurus #iqd
Read also: REVALHUB: 🧭 🏦 IRAQ: MONETARY REFORMS, DIGITALIZATION, AND POTENTIAL LONG-TERM STRENGTHENING OF THE DINAR 🌐 FOLL...
