Wednesday, December 27, 2023
Iraqi prominent Shiite leaders: American forces must leave the country, 27 DEC
Iraqi prominent Shiite leaders: American forces must leave the country
hafaq News/ The head of the State of Law coalition, Nouri al-Maliki, and the Secretary-General of the Asaib Ahl al-Haq movement, Qais al-Khazali, have jointly expressed concern over the presence of American forces in Iraq, stating that it has surpassed its advisory role and now poses a threat to regional countries.
During a meeting to discuss political and security developments, both Iraqi leaders criticized what they perceived as "ongoing American attacks on Iraq's sovereignty, targeting official government sites."
In a statement from the Asaib Movement's media office, al-Maliki and al-Khazali emphasized the urgent need for American forces to leave the country, asserting that their presence has extended beyond advisory functions and has become a potential menace to regional nations.
The statement came after today's attack on a camp for al-Nujaba Movement, one of the Shiite factions.
A security source told Shafaq News Agency that a drone attack targeted a camp for Al-Nujaba in the Al-Fath Al-Mubin area of the Taj Al-Din district, north of Wasit governorate.
Three explosions were heard, followed by heavy gunfire. The source said.
The Iraqi "Resistance" factions were targeted today also by the United States.
The Pentagon announced strikes against three facilities of the Hezbollah Brigades (Kataeb Hezbollah) in Iraq as a response to the attack on Harir Base at Erbil International Airport.
The Iraqi government condemned the American airstrike, which resulted in casualties and injuries, considering it a violation of Iraq's sovereignty.
THE BIG CALL HIGHLIGHTS, 27 DEC
Tues. 25 Dec. 2023 Bruce, The Big Call The Big Call Universe (ibize.com) 667-770-1866, pin123456#, 667-770-1865
- Mon. 25 Dec. the new Currency Rates were on the Redemption Center screens, but not on bank screens, or on the Forex.
- Today Tues. 26 Dec. the new screen rates were on the bank screens. The Dinar rate was very high, as well as was the Dong.
- A Bond Paymaster expects Bond notification to give access to funds overnight tonight Tues-Wed. 26, 27.
- Tomorrow Wed. 27 Dec. should be significant – RV notification should happen within 24 hours.
- The new gold asset/backed US Notes will be put in the ATMs on Mon. 1 Jan. and be available to the general public on Tues. 2 Jan.
Parliamentary Finance: Three challenges surrounding the parallel market, 27 DEC
Parliamentary Finance: Three challenges surrounding the parallel market
On Monday, Representative Mudar Al-Karawi, a member of the Parliamentary Finance Committee, identified three challenges related to the parallel market in Iraq.
Al-Karawi stated that the decrease in the US dollar exchange rate in the parallel market was anticipated for three months due to the Central Bank’s measures. He highlighted three challenges that require attention, which include the balance of imports, smuggling, and speculation. Additionally, corruption is attempting to hinder any reforms in the financial sector.
Al-Karawi stated that the decrease in the black market exchange rate could be temporary, and a sudden increase may occur soon. This is because Iraq heavily relies on foreign imports for 90% of its needs, which requires hard currency and puts a strain on the market. As a result, there might be a slowdown in the decline of the central bank rate.
He emphasized that if the Iraqi industry does not receive a dose of hope, by achieving flexible production rates and meeting market demand in a way that reduces imports, the parallel market will continue to be under pressure. He stressed the need to diversify the basket of currencies and not limit it to the US dollar.
The country’s black market has seen a 5% drop in recent weeks, with expectations of a further decline to 145,000 dinars per $100 by the end of January.
On Monday, Representative Mudar Al-Karawi, a member of the Parliamentary Finance Committee, identified three challenges related to the parallel market in Iraq.
Al-Karawi stated that the decrease in the US dollar exchange rate in the parallel market was anticipated for three months due to the Central Bank’s measures. He highlighted three challenges that require attention, which include the balance of imports, smuggling, and speculation. Additionally, corruption is attempting to hinder any reforms in the financial sector.
Al-Karawi stated that the decrease in the black market exchange rate could be temporary, and a sudden increase may occur soon. This is because Iraq heavily relies on foreign imports for 90% of its needs, which requires hard currency and puts a strain on the market. As a result, there might be a slowdown in the decline of the central bank rate.
He emphasized that if the Iraqi industry does not receive a dose of hope, by achieving flexible production rates and meeting market demand in a way that reduces imports, the parallel market will continue to be under pressure. He stressed the need to diversify the basket of currencies and not limit it to the US dollar.
The country’s black market has seen a 5% drop in recent weeks, with expectations of a further decline to 145,000 dinars per $100 by the end of January.
ANALYSIS OF IRAQ NEWS: An economic expert confirms the possibility of following the movement of the dinar BY MNT GOAT, 27 DEC
An economic expert confirms the possibility of following the movement of the dinar
On Sunday, economic expert Safwan Qusay confirmed the possibility of Iraqi banks to follow the movement of the dinar and buyers of goods and merchandise from abroad, through new electronic cards and the shift towards the digital economy.
(They said digital economy not digital currency tokens.)
Qusay told Al-Maalouma, “Iraqi banks can move towards monitoring the movement of the dinar through banking and governmental measures that push towards a shift towards working with electronic cards.”
He added, “The government’s tendency is to shift from storing money in homes to putting it in banks via electronic cards, and thus investing the dinar after it is with the banks so that it can be redisbursed in the form of projects and job opportunities.” “
He stated that “banks will have the opportunity to track the dinar and know buyers of goods from abroad, as the current government seeks to transfer the economy and turn it into a digital economy and attract more investments, as well as achieving economic security and controlling the movement of hard currency and the dinar at the same time.”
https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/"RV UPDATE" BY BRUCE, 20 MAY
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