Friday, December 27, 2024
Iraq and Bahrain affirm their support for the unity of Syria and respect for the right of its people to self-determination, 27 dec
Iraq and Bahrain affirm their support for the unity of Syria and respect for the right of its people to self-determination
The Ministry stated in a statement that: "During the meeting, the current regional developments were discussed, most notably the Palestinian and Syrian issues, and the two sides affirmed their support for the unity of Syria and respect for the right of the Syrian people to self-determination."
The two sides also discussed ways to enhance relations between the two brotherly countries by activating the work of the joint Iraqi-Bahraini committee scheduled to be held during the first half of 2025 under the chairmanship of the foreign ministers of the two countries.
The importance of enhancing cooperation in the economic, commercial and financial fields, including the banking sector, was emphasized.
The two sides discussed signing memoranda of understanding covering political consultations, cooperation in the field of diplomatic studies and training between the Iraqi Foreign Service Institute and the Bahraini Mohammed bin Mubarak Academy. They also discussed the agreement on mutual exemption from entry visas for holders of diplomatic, service and special passports./End
CRYPTO TRADER: " WE ARE IN THE END GAME, PATIENCE!" , 27 DEC
CRYPTO TRADER
I have seen the article about the ending of auctions .It is from an economist .
The announcement has to come from CBI officially and the deletion of zeros is next also to be announced by CBI.
Any rate change has to be updated on CBI official website before you see it on Forex.
The process is almost complete and if Indeed the auctions have ended , they need a tradable IQD on the Forex for payments irrespective of the rate.
We are in the end game.Patience.
This is for all the people who have DM 'ed me asking for my opinion.
Amendment of Article 12 on Kurdistan Oil without objection, 27 DEC
Amendment of Article 12 on Kurdistan Oil without objection
MP for the State of Law parliamentary bloc, Firas Al-Maslamawi, confirmed that “the government’s request to parliament to amend Article 12 regarding the Kurdistan Region’s oil and to include it in the region’s share in the three-year budget will proceed during the next legislative session without any objection.”
Al-Maslamawi attributed the reason in a statement he read (Al-Masry - Thursday) to the existence of understandings between the central and regional governments as a result of long discussions that took place between the two sides by specialized committees.
According to him, “the amendment will ensure, for the first time, that the federal government will have control over the region’s oil, and it will also be a positive step in legislating the oil and gas law.”
He pointed out that "for the first time, the regional government handed over to the federal government the revenues of the border crossings located within the region," according to his expression.
It is noteworthy that Prime Minister Mohammed Shia Al-Sudani, during his hosting in the House of Representatives, requested that Parliament amend the article related to the costs of production and transportation of the region’s oil to address the issue of marketing oi
MELANIA HINDS CC HIGHLIGHTS NOTES, 27 DEC
MELANIA HINDS CC HIGHLIGHTS NOTES
Summary
In this video summary, the speaker provides an impromptu update about significant developments regarding the Iraqi dinar and its digital transformation, occurring shortly before Christmas.
The speaker highlights breaking news from Iraq, specifically regarding the Central Bank of Iraq (CBI) and various articles that have been released, indicating a push towards digital banking and economic diversification through artificial intelligence (AI).
The speaker expresses a sense of urgency and excitement, emphasizing the importance of these developments for dinar holders, particularly in the U.S. The video also touches on the speaker’s personal reflections, interactions with viewers, and the significance of community and shared traditions during the holiday season.
The speaker discusses the following key updates:
- Digital Transformation: The CBI is advancing a digital transformation in Iraq, which includes licensing digital banks and utilizing e-payment systems for economic activities.
- Economic Growth and Diversification: There are reports of non-oil revenue growth and efforts to diversify the economy, aided by AI technology.
- Redemption Centers: The existence of numerous redemption centers across the U.S. for dinar holders is highlighted, suggesting a strategic move by the CBI to facilitate currency exchanges.
- Increased Spending Power: The dinar’s spending power in Iraq has reportedly expanded, reaching a new threshold, which may indicate positive economic shifts.
- Community Engagement: The speaker emphasizes the importance of community and offers thanks to moderators and viewers for their support during live streams.
- Personal Traditions: The speaker shares personal anecdotes about Christmas traditions and encourages viewers to reflect on their own customs.
- Prayer and Hope: The speaker invites viewers to engage in prayer for the success of the economic changes in Iraq, fostering a sense of collective hope and anticipation.
Highlights
- 🎉 Digital Banking Revolution: The CBI’s new regulations for digital banks signify a transformative shift in Iraq’s financial landscape.
- 📈 Economic Diversification: The push for AI in Iraq aims to diversify revenue sources beyond oil, enhancing economic resilience.
- 🌍 Redemption Centers: A network of 6,000 to 7,000 redemption centers in the U.S. provides critical support for Iraqi dinar holders.
- 💰 Expanded Spending Power: The dinar’s increased spending power to 10 cents indicates potential economic growth and stability.
- 🤝 Community Spirit: The speaker expresses gratitude towards moderators and viewers, highlighting the importance of shared experiences.
- 🎄 Holiday Traditions: Personal reflections on new holiday traditions foster connection and shared joy among viewers.
- 🙏 Collective Prayer and Hope: The call for prayer emphasizes the community’s role in manifesting positive change in Iraq’s economy.
Key Insights
💳 Digital Transformation as a Catalyst: The introduction of digital banking in Iraq is expected to streamline financial transactions and enhance economic efficiency. By integrating digital payment systems, Iraq aims to modernize its economy, making it more attractive for foreign investment and improving accessibility for everyday transactions. This transition could mark a significant shift in how financial systems operate within the country, fostering greater transparency and accountability in economic activities.
📊 AI’s Role in Economic Diversification: The integration of AI into Iraq’s economic framework is a strategic move to diversify revenue sources. By leveraging advanced technologies, the government seeks to reduce dependency on oil revenues and enhance the overall productivity of various sectors. This approach not only addresses current economic vulnerabilities but also positions Iraq as a more competitive player in the global market.
💼 Strategic Positioning of Redemption Centers: The establishment of numerous redemption centers in the U.S. serves as a critical infrastructure for dinar holders. This strategic positioning ensures that individuals can easily exchange their currency, potentially increasing the dinar’s liquidity and value in the international market. The timing of these developments, particularly around the holiday season, suggests a calculated effort by the CBI to prepare for a possible currency revaluation.
📈 Signs of Economic Revival: The reported increase in the dinar’s spending power to 10 cents is a positive indicator of economic revival. This change suggests that Iraq’s economy is gaining strength and moving towards greater stability, which could attract more investment and enhance consumer confidence. Such developments are crucial for fostering a sustainable economic environment in the long term.
🌐 Community Engagement and Support: The speaker’s appreciation for the community and moderators underscores the importance of collaboration and support within the dinar holder community. This engagement not only enriches the viewing experience but also creates a sense of belonging and shared purpose among individuals navigating the complexities of currency speculation and investment.
🎉 Cultural Traditions and New Beginnings: The personal anecdotes shared by the speaker regarding holiday traditions resonate with viewers, reminding them of the significance of cultural practices and the importance of adapting to change. As individuals reflect on their traditions, they are encouraged to embrace new beginnings and foster connections with others, creating a supportive environment during the holiday season.
🙏 The Power of Collective Prayer: The call for collective prayer emphasizes the belief that communal optimism and spiritual focus can influence outcomes. By encouraging viewers to pray for positive changes in Iraq’s economy, the speaker fosters a sense of hope and unity, reinforcing the idea that individuals can play a role in shaping their realities through faith and intention.
In conclusion, the video encapsulates a moment of significant transition in Iraq’s economic landscape, characterized by digital innovation and community engagement. The speaker’s insights reflect a blend of personal experience and professional expertise, offering viewers a unique perspective on the evolving situation surrounding the Iraqi dinar and its implications for the future. As the country moves towards a more digital economy, the potential for growth and diversification presents an exciting opportunity for both domestic and international stakeholders.
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