Tuesday, July 16, 2024
Iraq Resumes Negotiations To Join WTO, 16 JULY
Iraq Resumes Negotiations To Join WTO
WTO Money and business Economy News – Baghdad Minister of Trade and head of the Iraqi team concerned with joining the World Trade Organization, Athir Dawood Al-Ghariri, announced on Monday the resumption of negotiations to join the World Trade Organization, after a hiatus that lasted more than 16 years.
A statement by the ministry, seen by "Al-Eqtisad News", quoted the Director General of the Department of Foreign Economic Relations, Riyadh Fakher Al-Hashemi, as saying that "the Iraqi negotiating teams have begun their preparatory meetings at the headquarters of the World Trade Organization in Geneva, in preparation for the third meeting of the working group on Iraq's accession." Al-
Hashemi added that "the first preparatory meeting was held at the organization's headquarters with the Director of the Accession Department and the organization's experts in goods, services and intellectual property, headed by the Director General of the Department of Economic Relations and the membership of negotiators representing the Iraqi ministries and the Kurdistan Region; to discuss the most important files and documents submitted by Iraq in the previous stage."
He pointed out that "the third official meeting of the working group, which will be headed by the Minister of Trade representing Iraq, will witness a review of the files and documents completed by the National Committee concerned with accession."
He continued, "This is the first time that the Iraqi negotiating team has reached this level of experience in the field of negotiation, which reflects the development of their capabilities and efficiency in dealing with complex issues related to WTO membership."
Views 66 Added 2024/07/15 - https://economy-news.net/content.php?id=45272
COFFEE WITH MARKZ, 16 JULY
PDK Note: I will only transcribe RV Related or Intel with Financial relevance. If any certain political –type picture is posted on Marks videos I will not show it. Thank you.
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good Morning MarkZ, Mods, and Hopeful Dinarians on this beautiful day
Member: Looks like this is about to be a crazy week…time to buckle up!
Member: I heard this could be a a big BOOM week incoming'
MZ: I think you could be right. '
MZ: As we expect on a Monday Morning it was relatively quiet.
MZ: I did hear interesting things from a couple banking contacts that things have very much moved over the weekend and that they may be using the Republican convention as a distraction to roll things out
Member: some of the bond people agree.
MZ: We should know later today what is going on in the bond side. We should start finding things out after 11:00-12:00 today.
Member: Ashura holiday in Iraq this week. Suspended working hours. It's a holiday in Islam that celebrates the parting of the Red Sea and also Noah's disembarking in the arc.?
Member: listen to MM. 7/18 Iraq historic meeting in Geneva. Official announcement they are excited about. Geneva …Perfect Time
Member: Remember There is supposed to be big news from Iraq this week on the 18th from the WTO….and other things.
MZ: This is going to be a huge week. Meetings are going on right now in Iraq about the HCL….the WTO…and more. This is going to be a big, interesting week for all of us.
Member: Did anyone hear how the bonds would be paid out? Fiat or USTN??
Member: Mark had said the plan used to be they got paid 1 5 in fiat…then the reset ,,,then they get paid the rest….guess we will see if thats still the plan .
Member: I wonder- when we get emails , how are we going to know if they are real.?
Member: Mark, market is up 200 points but some are saying to expect a crash today !
Member: Mark do you got any fairy dust to make this stock market crash?
Member: I expect the RV to take off this week if the big events happen.
Member: Remember to keep an eye on your emails when these next set of "events" happen. This RV could be "event" driven..
Member: Hoping and praying we will still have “Christmas in July” …see everyone tonight
StacieZ joins the stream today. Please listen to replay for his information and opinions.
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Monday Evening News with MarkZ
Monday Evening News with MarkZ
An Economic Expert Calls For Canceling The Currency Sale Window
An Economic Expert Calls For Canceling The Currency Sale Window
July 14 10:22 Information / Baghdad... Economist Diaa Al-Mohsen called for canceling the currency selling window, pointing out that some beneficial political blocs were behind the continuation of this window to achieve financial gains.
Al-Mohsen told Al-Maalouma, “The citizen’s interest necessitates the government to go towards canceling the currency selling window, in order to end the confusion occurring in monetary policy.”
He added, "The late former Central Bank Governor Sinan Al-Shabibi was behind opening the currency selling window for 4 years at that time in order to eliminate the inflation taking place in the country after its rate reached 50%." He stated that "some political blocs have financial interests that push for the continuation of the operation of the currency selling window, to make it a gateway to financial gain, despite the absence of the need for it."
https://almaalomah.me/news/70242/economy/خبير-اقتصادي-يدعو-الى-الغاء-نافذة-بيع-العملة
LATEST FROM JON DOWLING, 16 JULY
Chinas real ticked off with Iraq for banning the yuan and they’re not having it. Expect the ban to be removed, but more importantly China to put pressure on Iraq to reinstate their currency and then turn their attention to Vietnam.&n bsp;
Meanwhile, Iraq going to US soon to discuss removing the Iranian proxies and to making a deal with our US militias to remove them and give Israel the credit for the grave surrender. Chinas not playing and this is very good for us. Pray the sanctions get removed off of Iraq and the banks as well.
@JonDowling