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Iraq’s Prime Minister Reaffirms Commitment to Stability, Prosperity and Progress on National Day, 3 OCT

 Iraq’s Prime Minister Reaffirms Commitment to Stability, Prosperity and Progress on National Day, 3 OCT

Prime Minister’s Message on Iraq’s National Day

On the occasion of the National Day of Iraq, the Prime Minister conveyed a heartfelt message to the people of his country. He underscored the historical importance, cultural richness, and civilizational influence of Iraq, referring to it as a beacon of civilization to the world. He went on to reflect on the creation of the modern Iraqi state and its membership in the League of Nations, considering these as a continuation of its civilizational influence.

Promise of Progress Amid Challenges

The Prime Minister strongly asserted that Iraq will persist as a pillar of stability, security, and prosperity in the region and the world. He pledged to continue working towards the goal of enabling Iraq to progress on all fronts, overcoming all challenges. This commitment comes at a time when the nation is grappling with economic, health, and political issues. The promise to tackle these issues head-on reflects the government’s commitment to improving the lives of its citizens.

Rebuilding National Pride

In an attempt to restore some of the country’s shattered national pride, the Prime Minister expressed his intention to reintroduce National Day, which was abolished after the overthrow of the former dictatorship. The new proposed date for National Day, October 3, marks the day Iraq gained independence from Britain in 1932 and became the 57th member of the League of Nations. This decision, however, has elicited mixed responses from the public, with many citizens more concerned with the pressing social and economic challenges facing the country.

Addressing Pressing Issues

Despite the unstable political situation and severe economic crisis, the Prime Minister’s government is pressing ahead with plans to introduce the new public holiday. The government is also working on tackling sectarianism while promoting patriotism and nationalism as part of its reform program, as evidenced by the proposed new National Day. This commitment to national unity and progress, even amidst adversity, demonstrates the resilience of the Iraqi government and its dedication to the welfare of its people.

Al-Sudani congratulates our people on the National Day and confirms that Iraq will remain a pillar of stability, security and prosperity in the region and the world, 3 OCT

 Al-Sudani congratulates our people on the National Day and confirms that Iraq will remain a pillar of stability, security and prosperity in the region and the world

 Prime Minister Muhammad Shiaa Al-Sudani congratulated our people on the National Day, stressing that Iraq will remain a pillar of stability, security and prosperity in the region and the world.

Al-Sudani said in his congratulations: On the occasion of the National Day of the Republic of Iraq, I extend to the people of our dear country, with all their components, in every place, and to all the national forces and all constitutional bodies, with the most sincere and blessed expressions of congratulations, accompanied by prayers to the Almighty God to preserve our country, dear, invincible, and lofty at all times.

He added: Iraq has always been a land radiant with the meanings of civilization for the entire world, just as it was the spot where history was made, and where humanity recorded its steps towards progress. Therefore, the emergence of the modern Iraqi state, and its accession to the League of Nations, came as a continuation of this effective and influential civilizational and cultural dynamism.

He continued: On its National Day, Iraq will remain a pillar of stability, security and prosperity in the region and the world, and a bridge where civilizations and cultures converge. Iraqis will remain skilled makers of peace and tranquility, and staunch fighters against darkness and backwardness, and in this sense, we will continue to work to make Iraq the goal and goal. He takes precedence over every consideration and rises above every necessity.  link

Dinar RV Breaking News🔥'Magic Solution' to Iraq's Currency Crisis🚩Revalu...

"RV UPDATE" BY MARKZ, 3 OCT

 MarkZ 

  ...a few sources are traveling back to Iraq later this week in the hopes that this is “it” for them. This is encouraging and we will see if it is accurate...

 Hearing some pretty interesting stuff…including confirmations from banks...This comes from different sources... Many of the foreign currencies that we have been look for and talking about are now showing on bank screens. This came after the weekend forex updates.

 We believe this is fantastic news...I had a number of bankers reach out …ones that had always questioned and doubted me…saying they think I am right and this is about to go. I am getting excited about this …even though we don’t know the exact timing. Question:  Could it be this week?  Absolutely...We are still looking for announcements out of Iraq on the 3rd or the 4th….most likely the 4th...

 ...One of my contractor sources verified that yes, HCL money is indeed moving & people are getting paid...one was told to hang onto as much as he could because they are expecting a value change in the very near future...So is it possible this week?  Absolutely. Things are lining up.  Lots of comments going on for this week ...and we are expecting some announcements out of Iraq on Wednesday on that front...

 I continue to hear we will not have taxes on this exchange. I suggest everyone plan on having taxes…but hopefully there will be none.  [NOTE:  Some gurus feel this will be taxed as ordinary income, others feel capital gains.  The only opinion that matters is the IRS's. Always consult with your tax professionals at the appropriate time to figure out the right tax for your unique situation.]

Iraq Announces New Licensing Rounds to Boost Oil and Gas Industry, 3 OCT

 Iraq Announces New Licensing Rounds to Boost Oil and Gas Industry, 3 OCT

The Ministry of Oil of Iraq has recently declared that the fifth and sixth rounds of oil and gas licensing will encompass up to 30 new projects. The decision marks a significant milestone in Iraq’s push to further develop its oil and gas sector, attract more international investments, and generate increased revenues.

Boosting Iraq’s Oil and Gas Sector

The country’s latest move follows its recent announcement to offer eleven new blocks for exploration and development of natural gas reserves. The blocks are primarily located in Iraq’s western Anbar province and the northern city of Mosul. The bidding round for these gas blocks is yet to be scheduled.

Despite being the second-largest oil producer in OPEC after Saudi Arabia, Iraq has been largely flaring its own gas due to the lack of facilities to process it. This practice has not only been environmentally detrimental but also economically wasteful. The new projects are expected to help the country reduce its gas flaring, thereby maximizing the utilization of its resources and boosting its revenues.

Global Interest and Geopolitical Implications

Several of the licensing sites are strategically located near the Iraq-Syria border, an area of vital importance to Russia. Other sites are close to the Iraq-Saudi Arabia border, an area of significant interest not just to Russia due to the OPEC alliance, but even more so to China. These geographical factors, coupled with Iraq’s vast untapped gas resources, mean that the stakes for global powers and major hydrocarbon producers in the Middle East are high.

For the United States, Iraq’s inability to reduce its energy dependence on Iran has been a source of frustration. Despite receiving substantial financial aid from the U.S., Iraq has consistently imported electricity and gas from Iran, leading to an increase in tensions between the two nations. These new licensing rounds could potentially shift the balance, depending on which countries and companies secure the contracts.

Investor Interest and Future Prospects

While the specific details about the projects and the terms of the licenses have not been disclosed, the announcement has already sparked interest from international companies. These new projects present an opportunity for investors to participate in the development of one of the world’s largest oil reserves.

The licensing rounds are part of broader efforts by Iraq’s Oil Ministry to expand and diversify the country’s oil and gas industry. They are expected to result in increased foreign investment, technological advancement, and job creation in the sector, thereby contributing to Iraq’s economic growth.

As the global energy landscape continues to evolve, the success of these licensing rounds will be critical in determining Iraq’s position in the global oil and gas market. The country’s commitment to expanding its oil and gas sector despite various challenges sends a strong signal to investors and the international community about Iraq’s potential as an energy powerhouse.

Iraq’s National Independence Day: A Symbol of Resistance and Inspiration, 3 OCT

 Iraq’s National Independence Day: A Symbol of Resistance and Inspiration, 3 OCT

Marking the 91st Anniversary of Iraqi National Independence Day

First Vice President of Parliament, Mohsen Al-Mandalawi, recently spoke on the 91st anniversary of the Iraqi National Independence Day, emphasizing its enduring significance in shaping and motivating the country’s national ethos. He underscored that Iraq’s National Day symbolizes resistance against exploitation and dependency, serving as an inspiration not only for Iraqis, but for all global citizens who reject such conditions.

The History of Iraq’s National Independence Day

On October 3rd, Iraq commemorates its independence from Britain in 1932. Although Iraq spent the subsequent 20 years as little more than a vassal state of the British, the date holds significance as it marks Iraq’s first steps towards political sovereignty, economic development, and the formation of a collective national identity. This process was violently interrupted in 1958 by the military coup that overthrew the monarchy.

In its history of less than a century, Iraq has had nine flags, five national anthems, and 10 constitutions, reflecting a turbulent journey towards establishing a national identity. The period following the declaration of independence, specifically the 1950s, holds lessons relevant to the country’s current crisis. It presents a vision of a time when the National Development Board harnessed the country’s national resources to fund large-scale development projects.

Understanding the Significance of the Independence Day

The national holiday is more than just a commemoration of the past. It serves as a reminder of Iraq’s collective memory, identity, and a path towards a viable political economy. It is a call for unity, for forming a cohesive society out of diverse groups, as envisioned by King Faisal I in his 1932 memorandum. His words resonate today as much as they did then, underlining the need for good governance in forging the bonds of national identity and stability.

As Iraq navigates through its challenges, the spirit of resistance and unity embodied in the National Independence Day serves as a guiding force. It is a call to remember the past, acknowledge the present, and envision a future where Iraq leverages its national resources to build a strong and unified country.

Lessons for the Future

As we remember the 91st anniversary of Iraqi National Independence Day, it is essential to reflect on the lessons it offers. The enduring significance of this historic day lies in its symbolic call for resistance against exploitation and its potential to motivate a sense of national ethos. It reminds us that unity and collective identity can be powerful tools in overcoming challenges and shaping a prosperous future. The path towards a viable political economy lies in the nation’s collective memory and shared identity, as symbolized by the National Independence Day.