Nader From The Mid East
Article: "Nearly 90% of Iraq's money supply is held outside the formal banking sector, largely hoarded in homes...
The vast 'leakage' of cash poses a serious challenge to the country's financial stability and long-term economic growth...
Saleh...stated the hoarding of cash...has reached critical levels...91-92 trillion dinars are currently outside the banking system...
driven by public distrust in financial institutions."
Among them is Iraq.. Iran proposes forming an economic development group consisting of eight countries.
Iranian Ambassador to Saudi Arabia Ali Reza Enayati proposed establishing an economic development group comprising the Gulf states, his country, and Iraq, according to a report published by the semi-official Iranian Mehr News Agency on Friday.
In a speech delivered at the provincial diplomatic forum in Shiraz, Enayati said, "In addition to political relations, there must be public communication in various economic, tourism, and trade fields."
He added, "The security outlook is shifting from a geopolitical orientation to one of development," adding, "This shift in vision may take time, but we are clearly seeing it in the countries of the Persian Gulf region, and this shift has provided an important opportunity for the Islamic Republic of Iran."
Enayati continued, saying, "Iran and Iraq are located to the north of the Persian Gulf, and to the south of it are six countries. These eight countries can form a single group to develop economic cooperation."
He pointed to the importance of the corridors and Iran's strategic location, noting that "the Iran corridor represents the ideal advantage for Iran, and we can take advantage of this opportunity and transform it into a general economic route for the countries of the region that are now thinking about development." link
Syria just got sanctions relief. Let that sink in.
The U.S. Treasury lifted restrictions on their Central Bank, oil sector, ports, and more all in one sweep.
If Syria, after a decade of isolation, just got the greenlight… Then Iraq is next.
And it’s not just speculation anymore it’s pattern.
• Syria unlocked via General License 25
• Treasury led move, not just diplomacy
• Caesar Act waiver issued same day
• Greenlight for investment, private sector flow, and regional trade
Now ask yourself: If they can flip Syria back online overnight, what’s stopping them from flipping Iraq’s switch next?
Iraq’s already aligned:
• SWIFT-ready banks
• New CBI HQ complete
• Treasury coordination confirmed
• Budget & salary grid active
• Regional infrastructure humming
All that’s left is the rate.
The unlock.
The trigger.Syria was the warmup.
Iraq is next.
MarkZ
[via PDK]
Article: “The association of private banks holds a specialized workshop on regulatory controls of the internal evaluation of the capital adequacy standard”
they had a workshop with all the banks explaining all the necessary Basel compliance and requirements they have to meet. The same things all banks are going through to be part of
the international system.A dinner was held in Washington in the presence of Trump's senior advisor to welcome the Prime Minister of the Kurdistan Regional Government.
An official dinner was held last Thursday evening, Washington time, to welcome Kurdistan Regional Government Prime Minister Masrour Barzani's visit to the United States. Masad Boulos, senior advisor to US President Donald Trump, was also present.
A statement issued by the regional government stated that during the banquet held in Washington, which was also attended by a group of prominent American figures, Paul warmly welcomed the regional government's prime minister, describing his current visit to the United States as "very successful."
In his remarks, the US President's Advisor also stressed the critical importance of strengthening and consolidating the foundations of the strategic relationship between the Kurdistan Region and the United States, according to the statement.
In a speech on this occasion, the Prime Minister, according to the statement, expressed his "profound thanks and appreciation" to the hosts for their warm welcome and generous hospitality, stressing that "the Kurdistan Region is proud of the close cooperation, continuous support, and deep friendship that binds it to the United States."
He continued, "We look forward to further developing our bilateral relations in various fields and at all levels, in a way that serves the common interests of both sides." link
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