Saturday, January 4, 2025
US official: US will not withdraw from Iraq, 4 jan
US official: US will not withdraw from Iraq
A report by the American website Breaking Defense revealed on Saturday that the main story for the year 2025 will be about developments in the situation in Syria and Lebanon after the regime change and its repercussions on the regional level, where an alliance of armed terrorist groups controls the government in the country.
The report, translated by Al-Maalouma Agency, stated that “In addition, this year is expected to reveal the future of Russian and Iranian influence in Syria, specifically Russian military bases in the country. But will Moscow reach an agreement with armed groups to keep the Hmeimim air base and the Tartus naval base as a focal point for projecting its power in the Mediterranean, or will 2024 be the end of the Russian presence in Syria? This question still awaits an answer, perhaps sooner than expected in 2025. ”
“After Syria, the region can be watched by its neighbor Iraq, which plans to end the international coalition mission in the country in September 2025,” he added. “It is clear that the United States will not withdraw from Iraq, and we are moving toward the kind of long-term security relationship that the United States enjoys with partners around the world,” he claimed.
“However, this coming year could put Baghdad under pressure if ISIS and al-Qaeda see a strong comeback in Syria, the fate of southern Lebanon is in flux as we enter the new year, and 2025 could see another major push toward normalizing relations between Israel and Saudi Arabia, something the Biden administration was trying to achieve before the Palestinian resistance movement’s attacks on October 7, 2023, derailed that process,” the report noted.
almaalomah.me
EXCERPTS FROM MARKZ, 4 JAN
EXCERPTS FROM MARKZ
Member: Where will the new rate show first?
MZ: Good Question . If it follows in Kuwaits footsteps –it will quietly be released. Maybe people will do some exchanging and then it will show publically on forex.
But, In today’s world and the speed of the internet- my guess is we will all see it at the same time …You guys will probably hear it first from folks like me and then we will be able to look at it …That’s my opinion.
MZ: A much more modernized of that banking system…but that is correct. My best contact who I trust due to the position he holds in Iraq….says de-dollarization is under full steam and they expect a new rate within a week or so .
Member: My sister assisted in the forming of their new government Constitution. My brother told me to buy and hold dinar! My sister said it would revalue once all agreed debts were paid!
Government Advisor: Monetary Stabilization Mechanism Will Maintain Financial Stability in the Country , 4 JAN
Government Advisor: Monetary Stabilization Mechanism Will Maintain Financial Stability in the Country
1/3/2025 Baghdad - WAA - Amina Al-Salami,
the financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Friday, that the Central Bank has adopted the monetary reinforcement mechanism to feed the national banks' requests for foreign currency, indicating that the monetary reinforcement mechanism will maintain financial stability in the country.
Saleh told the Iraqi News Agency (INA) that "the function of the Central Bank will continue to move in two directions: the first is to meet the needs of national banks for foreign currency with their correspondents, which confirms that the new monetary reinforcement mechanism will work to provide monetary stability on the part of the monetary authority in the two issues of continuing the monetary sterilization policy that is concerned with controlling the levels of local liquidity by exchanging foreign currency for the dinar"
Noting that "the new monetary reinforcement mechanism will maintain a fixed exchange rate of 1,320 dinars for every dollar, which will enable the Central Bank to achieve stability in the external value of the Iraqi dinar by controlling the growth in the money supply within the operational objectives of monetary policy through what is called the monetary transmission mechanism to achieve intermediate or real long-term goals in achieving stability in the general price level or reducing growth in inflation rates, and this comes in conjunction with the stability of the exchange rate and the growth of the money supply to achieve stability in the general price level."
Saleh added that "the second trend is to provide foreign currency to correspondents of national banks in order to facilitate the stability of the real supply of basic goods and services flowing into the domestic market with high fluidity, and to make compliance control of foreign currency transactions on two levels: national through the Anti-Money Laundering and Terrorist Funds Office, and external through the role of correspondent banks that undertake the task of auditing compliance issues." LINK
REINALDO JC: 🚨 Best opportune time to RI is NOW!!, 4 JAN
REINALDO JC
TIDBIT FROM MILITIAMAN , 7 JAN
Militia Man [Iraqi] Banks are closed. Sudani said he was going to make...the dinar stronger than the dollar. I think it's going ...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...