Sunday, May 25, 2025
Sudani: We have made significant progress in economic reform, and investments have reached $88 billion.
Sudani: We have made significant progress in economic reform, and investments have reached $88 billion.
Prime Minister Mohammed Shia al-Sudani affirmed on Thursday that we have made significant progress in economic reform, with investments reaching $88 billion. Meanwhile, foreign companies have expressed their willingness to contribute to building a green economy, accessing clean fuels, and cooperating in transferring expertise to specialized personnel in Iraq .
Al-Sudani's office stated in a statement received by Mail that "Prime Minister Mohammed Shia al-Sudani received, today, Thursday, representatives of international companies participating in the International Conference on Carbon Economics, which was held over the past two days in the capital, Baghdad, in the presence of the Minister of Environment ."
The statement continued, "Al-Sudani congratulated the convening of the Carbon Economics Conference, the first of its kind in Iraq, and the resulting outcomes and ideas that support the government's efforts to invest in this field, in light of the climate challenges facing Iraq ."
Al-Sudani stressed that "the government has made significant progress in economic and financial reform and in creating an attractive environment for investors and global companies, with investments reaching approximately $88 billion ."
He added, "Iraq is rapidly moving toward a transition to clean and renewable energy, embodied by the government's establishment of the Carbon Economics Company, which has been granted the authority to contract with international companies to advance this new reality." He directed the Ministry of Environment and the Carbon Economics Company to "simplify procedures and move toward signing partnership contracts with companies, and move toward concrete action ."
For their part, company representatives expressed their interest in participating in the conference, stating that they were "there because of the developments Iraq has witnessed over the past two years, and that they will sign contracts and memoranda of understanding with Carbon Economics ."
They expressed their willingness to "contribute to building a green economy, accessing clean fuels, and cooperating in transferring expertise to specialized personnel in Iraq link
NADER FROM THE MID EAST: ABOUT THE DISTRUST IN FINANCIAL INSTITUTIONS IN IRAQ
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.
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, Iraq is Next
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.
Saturday, May 24, 2025
TIDBIT FROM MARKZ
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.🌍 Breaking: A Global Shift Is Taking Shape
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