Journalist embarrasses Biden at the end of the Gaza Truce Declaration conference, 17 JAN

 Shafak News/ US President Joe Biden was subjected to an embarrassing situation on Wednesday evening at the end of the press conference he held at the White House to announce the ceasefire agreement between Hamas and Israel.

At the end of the conference, when the current president was leaving the hall, a journalist asked Biden, where she said: “Who will the history books attribute the credit for this, sir, or for you?”

And here Biden turned immediately and said, “Is this a joke?” The journalist replied, “No.”

After that, the US president said, “Thank you,” and left the hall without turning.

During the conference, US President Joe Biden said that Israel and Hamas had reached a ceasefire and a hostage agreement after many months of intense diplomacy from the United States along with Egypt and Qatar.

“This agreement will stop the fighting in Gaza, increase much-needed humanitarian assistance for Palestinian civilians and reunite hostages with their families after more than 15 months in captivity,” Biden said.

“The precise outlines of this plan were laid out on May 31, 2024, and then it was unanimously approved by the United Nations Security Council,” he continued.

He stated that reaching an agreement is not only the result of intense pressure on Hamas and the changing regional equation after the ceasefire in Lebanon and the weakening of Iran, but also of stubborn and arenuous American diplomacy.

The US president said his diplomacy had never stopped in its efforts to accomplish this task.

In his statement, he noted that it was time to end the fighting and start building peace and security.

Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani announced during a press conference that the joint mediation reached a ceasefire agreement between the two parties to the conflict in the Gaza Strip.

The foreign minister said that the first phase of the agreement includes a temporary halt to military operations, with Israeli forces withdrawing east away from densely densely located residential areas to the border in various areas of the Gaza Strip.

It also includes an exchange of prisoners and detainees according to a specific mechanism, the exchange of the remains of the deceased, the return of internally displaced persons to their places of residence in the Strip, and facilitating the exit of the sick and wounded to receive the necessary treatment.

The minister stated that the first phase also includes promoting the safe and efficient introduction and distribution of humanitarian aid on a large scale throughout the Gaza Strip, in addition to the rehabilitation of hospitals, health centers and bakeries.

It also includes the introduction of civil defence supplies, fuel, and shelter for displaced persons who have lost their homes as a result of the war.

He stated that at this stage, Hamas will release 33 Israeli detainees from the living and the remains of the dead, in exchange for the release of a number of Palestinian prisoners held in Israeli prisons and detention centers.

Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani confirmed that the implementation of the agreement will begin on Sunday, January 19, 2025.

He pointed out that the issue of reaching a final solution depends mainly on the parties concerned, explaining that the role of Qatar and Egypt as intermediaries focuses on bridging the gap between the two parties and bringing views closer, taking into account the multiple factors that affect this path.

It is worth mentioning that US President-elect Donald Trump preceded everyone and announced the reach of a ceasefire agreement in Gaza, stressing that the prisoners will be released soon.

TIDBIT FROM JON DOWLING, 17 JAN

 Jon Dowling

 Four days until the inaguration.   XRP to an all time high currently today at $3.32.

 Once he's in it goes into the double digits! Iraq on the verge of finally be setting free. 

SEC to take it in the shorts and be summarily stripped of its corrupt false power. 

Faith over fear! Japan will join BRICS sooner than later, especially now that they're cozying up to Indonesia. It's all coning together and quickly!👀👀👀

JEFF: Iraq has a scheduled rate change date!! @DINARREVALUATION #iraqidinar #iraqidinarinvestor

 

Al-Aidani: The Prime Minister’s visit to Britain resulted in the removal of Iraq from the red list to assess risks, 17 JAN

 Al-Aidani: The Prime Minister’s visit to Britain resulted in the removal of Iraq from the red list to assess risks

Mawazine News – Baghdad

The Governor of Basra, Asaad Al-Eidani, revealed on Wednesday, the raising of the assessment of the investment situation in Iraq from the red to the orange list during Prime Minister Mohammed Shia Al-Sudani’s visit to London, and in what he described as an important achievement, he revealed the new security and financial agreements with Britain during the visit.

Al-Aidani, who accompanied the Iraqi delegation visiting Britain, said: “Prime Minister Mohammed Shia Al-Sudani’s current visit to Britain resulted in the shift of the risk assessment in Iraq from the red list to the orange in terms of the investment environment, this is an important achievement and we can rise to yellow.”

“The businessmen accompanying the prime minister on the visit welcomed the new assessment, which could turn yellow later,” he added.
He continued, “Many British businessmen have concluded agreements with the Iraqi side in several fields, including education and universities, and a section of British businessmen agreed with their Iraqi counterparts to establish joint laboratories.”
He pointed out that “the Prime Minister held, today, a meeting with the British Minister of the Interior, and many topics related to security were discussed, especially the file of exchanging experiences between the Iraqi and British interiors.”
He pointed out that “there was also a financial meeting as well, as well as an agreement was signed between the Iraqi Trade Bank and British financial institutions, and there is also a financial meeting attended by the Prime Minister that may discuss the support of the Iraqi private sector from British financial institutions, especially after raising the risk assessment from red to orange.”

https://www.mawazin.net/Details.aspx?jimare=258645

WOLVERINE: THINGS ARE IN MOTION, 17 JAN

 Ok guys it’s definitely coming as things are in motion . Please make sure you have everything ready when we receive the green light .

Remember for the 4B group things won’t start 2 or 3hrs after the inauguration. Always remember when you call the 800# it is for an appointment and you will be given a day when you have to go.

Bond Holders are getting ready as any  time tomorrow and onwards funds will be release and that is  the same with private contracts . 

Anyone that is saying that they receive payment that is a lie as the trigger funds need to be release first in order for people to receive payment. 

Please always thank God for everything that is coming as your life will never be the same again .

We are here for one purpose ie besides helping our family and love ones we are here to help humanity .

Also remember you will be under NDA for three months so please keep your mouth shut and get off social media . If you get caught all your money will be frozen. 

Once this all happens all telegram channels will be muted and I will let you when I’ll have the Get Together  event which will happen around October 2025 as it’s too late now for me to organise it and I much prefer it for you all to come here in Spring or Summer so you can all appreciate the beauty of Sydney Harbour.

God bless you all 

Wolverine

EXCERPTS FROM MARKZ: MY CONTACTS EXPECT IT THE 21ST -22ND @DINARREVALUATION #iraqidinarinvestor

 

Central Bank: Closing The Electronic Platform Enhances Financial Stability

 Central Bank: Closing The Electronic Platform Enhances Financial Stability

 
Economical 01/16/2025  Baghdad: Muqtada Anwar   Two weeks after the implementation of the Central Bank of Iraq's decision to close the electronic platform for foreign remittances, opinions differed in economic circles regarding the impact of this measure on the financial situation in Iraq, especially in light of the current economic and political conditions.
 
Despite the initial criticism raised by the decision, many experts and observers believe that it is a “necessary step” to confront the economic challenges that Iraq is currently experiencing, especially with regard to reducing pressure on the central bank’s reserves and enhancing exchange rate stability in the local market.

The Central Bank of Iraq confirmed that closing the platform will not affect the movement of remittances at all, as transfers through this platform until 12/23/2024 represent less than 7 percent of total sales, according to a source at the bank. The source explained to Al-Sabah,
 
“The aim of this step is to
 
     control financial operations,
     work within the international scope in the process of foreign transfers, and
     adopt the correspondent banking method,
 
which contributes to enhancing the stability of the financial sector under the current circumstances.”
 
The Central Bank also indicated that strengthening the balances of Iraqi banks that have correspondent banks abroad will continue as is, explaining that
 
this does not mean stopping “currency selling ” operations,
but rather a change in their mechanisms within a method followed throughout the world. He added that
 
the mechanism for enhancing bank balances has changed, as
 
it is now done through the accounts of Iraqi banks with correspondent banks directly, instead of the accounts that were done through the Central Bank, and that
 
this new mechanism is dedicated to meeting the needs of import and foreign trade of goods, goods and services, in a way that contributes to supporting Financial and economic stability of Iraq.
 
For his part, the economic advisor to the Prime Minister, Mazhar Muhammad Saleh, explained that the
 
Central Bank had previously financed foreign trade through the currency sale window to perform two basic functions, the
 
     first was to intervene in the money market to absorb liquidity and maintain exchange rate stability, and the
     second was to finance foreign trade for the private sector,

However, the central bank faced significant challenges due to the requirements of the Federal Reserve and the US Treasury to ensure that the dollar was not used in ways inconsistent with the foreign policy and national security of the United States. Saleh added to "Al-Sabah",
 
"The new system of transfers is based on a direct relationship between Iraqi local banks  and foreign correspondent banks, with a focus on compliance issues and combating money laundering." He pointed out that
 
the Central Bank strengthened Iraqi banks' dollar accounts in foreign correspondent banks, which reduced the direct intervention of the Central Bank and provided a greater role for foreign banks in auditing commercial operations. Saleh stressed that
 
the Central Bank has taken steps to diversify its foreign currency portfolio, including the use of the euro, the UAE dirham, and the Chinese yuan, to facilitate transactions with major trading partners, pointing out that
 
the new mechanisms aim to facilitate foreign trade and enhance control over money transfer operations, while ensuring access to... Goods and services to the country correctly and without irregularities. The financial advisor to the Prime Minister also noted that
 
 “these new measures do not affect the smooth flow of supplying the Iraqi economy’s need for dollars, but
 
they are considered a major development aimed at enhancing transparency and compliance with international and local laws.”
 
On the other hand, financial and banking researcher Mustafa Hantoush believes that the Central Bank of Iraq is trying to avoid the damage resulting from the export of the dollar by adopting monetary and currency management policies that ensure reducing its responsibility without affecting its financial strength. Hantoush expressed to “Al-Sabah” his belief that
 
the Central Bank seeks to avoid this responsibility by delegating foreign banks, which hold accounts in correspondent banks on the recommendation of their branches or foreign owners. He also pointed out that
 
if the central bank wants to reduce the gap in the  dollar, it must open the door to competition between banks and rely on a basket of currencies to expand the options available in the market,
 
calling for amending the criteria for evaluating local banks and raising their financial capabilities, in a way that contributes to achieving stability and increasing competitiveness. Hence the stability of the dollar price.

He also suggested the possibility of transferring the dollar to trading platforms in the stock market, to be sold to beneficiaries through direct deals instead of sending the dollar exclusively to banks,
 
stressing the necessity of regulating these operations by switching to the “Forex” market, and implementing mechanisms that ensure that funds are not transferred until after the goods arrive. Guaranteed by banks. He explained that
 
these measures would
 
     raise tax revenues and
     reduce illegal trade, which would contribute to
     strengthening the national economy.
 
For his part, economic expert Nabil Jabbar Al-Tamimi said:
 
“The transfer platform at the Central Bank of Iraq was a mechanism for making financial transfers for merchants and importers through local banks, as the platform supervised these operations.” He added to Al-Sabah, saying:
 
 “The Central Bank has created the necessary conditions for making transfers by establishing direct relationships between local banks and international banks through large correspondent banks, which means that transfers can be made in accordance with international standards without the need for the electronic platform.” Al-Tamimi stated that the
 
Central Bank has compensated the electronic platform with regular and natural transfer mechanisms, through reputable local banks, which provides merchants with direct ways to transfer money, stressing that
 
these mechanisms contribute to
 
     them obtaining the dollar at the official price, which helps in gradually
 
     reducing inflation as a result of the stability of the dollar price. Official. He also stressed that"with this measure, the     need to deal in unofficial dollars on the black market is reduced, which
 
     enhances the stability of the financial market in Iraq."    https://alsabaah.iq/108660-.html