Dinar Recaps

View Original

KTFA Members "News and Views" Saturday PM 8-28-2021

KTFA:

Samson:  Macron arrives in Baghdad and Al-Kazemi receives him 

08/28/2021 00:39:00

 French President Emmanuel Macron arrived in the capital, Baghdad, from Algeria.

He was received at Baghdad International Airport by Prime Minister Mustafa Al-Kadhimi.

Macron's visit comes to participate in the Baghdad Conference on Cooperation and Partnership, which will be held on Saturday.   LINK

See this content in the original post

Clare:  JUST TO CLARIFY WHAT FRANK SHARED LAST NIGHT: FRANK WAS ONLY POINTING OUT THAT IRAQ MAY SET A TIME LIMIT ON THE TIME TO EXCHANGE THE 3 ZERO NOTES AS THE RATE FLOATS AND GETS TO THE DESIRED RATE THE CBI IS LOOKING FOR WHICH THE CBI WILL CONTROL……

FRANK WAS USING AN EXAMPLE TO TEACH US THIS CONCEPT- HOWEVER THE CBI WILL MAKE IT PUBLIC KNOWLEDGE AT THE RIGHT TIME ON THE CBI WEBSITE.  imo  

8-27-21……LET MY EXCHANGE RATE GO !  https://www.youtube.com/watch?v=5S7YFKVMiV0

************

Samson:  IMF: Iraq's share of special drawing rights amounted to more than two billion dollars

28th August, 2021

The International Monetary Fund announced on Saturday that Iraq's share of the IMF's Special Drawing Rights amounted to more than $2 billion.

The International Monetary Fund announced that Special Drawing Rights (SDRs) were effective for all 190 members, equivalent to about $650 billion, on August 23, 2021. 

The fund said in a report seen by Shafak News Agency; "Iraq's share of the IMF's Special Drawing Rights amounts to 1.594,700,000 billion units, equivalent to two billion and 264 million and 742 thousand dollars out of its financial share in the fund of 0.35%," noting that "these financial allocations to Iraq came in accordance with its current shares in the Fund." 

The fund indicated that "this allocation will benefit all members to address the long-term global need for reserves, build confidence, enhance the resilience and stability of the global economy, and will especially help the most vulnerable countries struggling to deal with the impact of the COVID-19 crisis."

The International Monetary Fund may, under its founding agreement, distribute allocations from the Special Drawing Rights to member countries in proportion to their membership quotas, and this distribution allows each member country to obtain an international reserve asset without cost or conditions.  LINK

************

Samson: Mr. Ammar al-Hakim: The Baghdad Summit is an important step towards restoring Iraq's leading role

08/28/2021 08:27:46

 The head of the National State Forces Alliance, Ammar Al-Hakim, welcomed today, Saturday, the participants in the Baghdad Conference for Cooperation and Partnership, indicating that it is an important step towards restoring Iraq's leading role.

In a statement, Al-Furat News received a copy of it, Mr. Al-Hakim said: "We welcome the brothers and friends participating in the Baghdad Conference of Love and Peace for Cooperation and Partnership."

Mr. Al-Hakim added: "This summit represents an important step towards restoring Iraq's leading role in the region and the world. It is also a favorable opportunity to crystallize a new vision of relations, openness and cooperation on the one hand, and affirm respect for Iraqi sovereignty and cooperation to resolve disputes in the region on the other."

He concluded: "We hope that its outputs will result in common visions and unified decisions that contribute to the political, security, economic and development stability of the countries of the region."

LINK

Jerry1979:  WOW WHAT A GREAT ACHIEVEMENT FOR IRAQ TO BE HOLDING THIS CONF TODAY

WITH ALL THE MAJOR ARAB AND G7 COUNTRIES INCLUDED IN IT THEY SURELY HAVE COME A LONG WAY AND FINALLY ANNOUNCING THEMSELVES ON THE INTL STAGE

FULL MARKS TO PM KAZEMI FOR MAKING IRAQ WHAT IT IS IN PRESENT TIMES

SURELY WE ARE (FINGERS CROSSED) THAT HE CAN QUICKLY ALSO KICKSTART AND ANNOUNCE THE NEW IQD RATE TO THE WORLD TO FURTHER BEGIN THEIR ECONOMIC REFORMS IMO

THANKS SAMSON AS USUAL.           

See this content in the original post

Samson:  Lebanon describes the Baghdad summit as "the event that restored Arab solidarity"

08/28/2021 13:24:23

 Lebanon announced today, Saturday, its position on the Baghdad summit, describing it as "the event that restored the spirit of Arab solidarity."

Prime Minister-designate Najib Mikati said in a tweet on his Twitter account: "The Lebanese are looking forward with a lot of confidence that Lebanon will receive the attention of leaders and friends who will meet in brotherly Iraq, whose people have endured challenges and were able, with the wisdom of their government, to restore its distinguished role on the Arab and international levels."

He added: "We also congratulate the Iraqi leadership for the success in preparing for the summit - the event that restored the spirit of Arab solidarity."   LINK

************

Samson:  Kuwaiti security source reveals the details of the border bombing with Iraq

08/28/2021 00:51:20

 A Kuwaiti security source revealed the details of the missile bombing on the border between Kuwait and Iraq.

The source said, "The situation is stable and safe in Abdali, as well as at the border crossing with Iraq." The source explained that "the firing of missiles did not target Kuwaiti territory, and explosions were heard 20 kilometers away from the Iraqi-Kuwaiti port towards the Greshan port."

And he indicated, "The sounds of the explosions were heard in Abdali, but they were on the Iraqi side." And local media reported on Friday-Saturday night that three missiles were fired at a border crossing with Kuwait. She pointed out that explosions were heard within the Safwan district of Basra governorate, where this port is located.

A security source confirmed that the vicinity of the US military base at the Greshan border crossing with Kuwait was targeted by two missiles. The source added that a third missile crossed the US military base at the Greshan port towards Kuwaiti territory.   LINK

************

Samson:  Turkish Foreign Minister: If Iraq is not stable, the region cannot be stable

08/28/2021 14:31:14

The Turkish Foreign Minister, Mevlüt Çavuşoğlu, stated, on Saturday, that the region would not be stable if Iraq was not stable.

Oglu said, in his speech during the launch of the Baghdad Conference for Cooperation and Partnership, which was followed by {Euphrates News}: "I am happy to be at the Baghdad conference, and we will continue to provide support to Iraq to achieve stability."

He added, "Prime Minister Mustafa Al-Kazemi has taken steps to achieve the demonstrators' demands, and we support his approach to embracing all groups."

He stressed that "the white paper is an important step to achieve economic reform, and that without security, economic development cannot be achieved." And he continued, "We will not accept the presence of the 'Pakaka' in Iraq, and that the PKK threatens the stability of Iraq, and we will continue to support the strengthening of institutions in Iraq."  LINK

************

Al-Sahaf reveals a joint agreement for the delegations participating in the Baghdad conference

08/28/2021 16:51:43

 Foreign Ministry spokesman, Ahmed Al-Sahaf, revealed that all delegations participating in the Baghdad conference agreed to avoid differences.

  Al-Sahaf said in a press statement, "The Baghdad conference today is an opportunity to achieve partnership and cooperation on the basis of interests."

He added: "The Baghdad conference will witness in-depth dialogues between the participating countries," declaring: "An agreement between all the delegations participating in the Baghdad conference on the need to avoid differences."

On Saturday afternoon, the Baghdad Summit and Partnership Conference began, with the attendance of 9 countries.

All the participating delegations arrived in Baghdad, which were represented by the following countries: (France, Iran, Saudi Arabia, Turkey, UAE, Qatar, Egypt, Jordan, Kuwait).  LINK

See this content in the original post