KTFA. Pimpy and more Monday Afternoon 10-19-2020

KTFA:

Samson:  A prominent politician: The Iraqi delegation will discuss in London the "normalization" between Baghdad and Tel Aviv

19th October, 2020

The prominent Iraqi politician, close to the US administration, Mithal Al-Alusi revealed, on Monday, that the Iraqi government delegation discussed the issue of "normalization" between Baghdad and Tel Aviv during his European tour, which began yesterday, and includes Paris, Berlin, and London.

Al-Alusi said, to Shafaq News, "There are millions of Iraqis who write letters through various methods who want " normalization" between Baghdad and Israel. There is no Iraqi-Israeli problem in total. He indicated that "Iraq is in dire need of normalization of relations with Israel, and Iraq will not be a sovereign state unless it moves towards normalization with Israel before other Arab countries."

The prominent Iraqi politician added that "the visit of the Iraqi delegation to London will witness formal and informal meetings to discuss the issue of normalization."

Former Deputy Prime Minister Bahaa Al-Araji confirmed in a television interview, "Iraq is very prepared for the normalization of relations with Israel, and conditions are well-suited." He added that “it is possible that the normalization decision will come from the Najaf governorate, and not from the capital, Baghdad,” referring to the Shiite religious authorities. And the Iraqi government had previously confirmed, while commenting on the normalization of the relationship between Tel Aviv and Abu Dhabi, that "this is an internal affair for these countries."   LINK

Samson:  The UAE government ratifies the normalization treaty with Israel

19th October, 2020

The UAE Cabinet, headed by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai, approved a decision to ratify the treaty of normalization and full diplomatic relations between the United Arab Emirates and Israel, and directed the initiation of constitutional procedures to issue a federal decree ratifying the agreement.

The Cabinet expressed its confidence that the agreement will form a tributary of peace and stability that supports the aspirations of the peoples of the region and reinforces their relentless pursuit of prosperity and progress as it paves the way towards strengthening economic, cultural and knowledge relations and taking advantage of the opportunities and potentials of the two sides to contribute to shaping a brighter future based on Understanding, mutual cooperation and mutual respect.

The Council pointed out that the agreement reflects the Emirati approach based on moderation and tolerance and giving priority to the culture of dialogue as an effective means of rapprochement and peace by establishing noble human principles and values, the foremost of which is understanding and coexistence.   LINK

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

Samson:  Bahrain and Israel .. 7 memoranda of understanding and an embassy in Manama

18th October, 2020
The Bahraini Minister of Foreign Affairs, Abdul Latif bin Rashid Al-Zayani, announced today, Sunday, the signing of memoranda of understanding between Bahrain and Israel in a number of fields that would establish a fruitful bilateral cooperation between the two parties.

In statements he made during his meeting with the Israeli National Security Adviser Meir bin Shabat, reported by the Bahrain News Agency, the Bahraini Minister of Foreign Affairs considered that "the declaration of support for peace with the State of Israel and the signing of memoranda of understanding today in a number of areas establish a fruitful bilateral cooperation between the Kingdom of Bahrain." And the state of Israel."

Al-Zayani noted that the signing of these memoranda "enables and contributes to consolidating the foundations of peace in the region, according to the visions of His Majesty King Hamad bin Isa Al Khalifa, the monarch of the country."

Al-Zayani said, in a joint press conference with US Secretary of the Treasury Stephen Mnuchin and Israeli National Security Adviser, Meir Bin Shabat, "Bahrain has signed an agreement in support of peace and opening diplomatic relations with Israel," adding, "Bahrain hopes that we are on the cusp of something very important for the region and all its people."  Al-Zayani stated that the Bahraini King’s vision aims to “push the peace process towards more positive horizons, starting with preserving the legitimate rights of the brotherly Palestinian people in accordance with international legitimacy resolutions.”

For his part, Israeli National Security Adviser Meir Bin Shabat stressed that "the success of this visit will positively affect the future of relations between the Kingdom of Bahrain and the State of Israel," in terms of joint coordination and contribution to strengthening the peace process. "We signed 7 bilateral agreements, and today is the first step in consolidating relations with Bahrain, and we opened the door for additional relations," the Israeli National Security Adviser said, adding, "We thank the officials in Bahrain for their hospitality and we are waiting impatiently for their visit to Israel."

For his part, US Secretary of the Treasury, Stephen Mnuchin, said, "This is a historic and great achievement today that started with a wonderful time. We flew from Israel on the first commercial flight and we hope that it will be the first in many trips." Ideas and this is a very important step for stability in the region."

On the level, the Israeli Broadcasting Corporation "Kan" reported today, Sunday, that Israel has sent an official request to Bahrain to open an embassy in the Kingdom.

Kan explained that the Israeli Foreign Minister, Gabi Ashkenazi, submitted a formal request to his Bahraini counterpart, Abdul Latif Al-Zayani, to open an Israeli embassy in Manama, in continuation of the peace treaty signed by the two countries   last September.

This comes after Bahrain and Israel signed in Manama, on Sunday, a "joint historical statement on establishing diplomatic relations, marking the beginning of a new and promising era in relations between the two countries," according to a statement issued by the Kingdom.   LINK

Courtesy of Dinar Guru

Jeff  ...we're still in a very good position right now...right now we're on a week to week status with this investment.  There's a very good chance that the rate change is going to catch us by surprise very simply because the level of news coming out...

Pimpy  Article:   "A director in the central bank sets his forecast for the dollar exchange rate within days and reveals a forthcoming measure"  ...the last week or so there's no doubt there's been a lot of chatter.  A lot of talks about the exchange rate.  It's exciting.  Sometimes it's good news.  Sometimes it doesn't look like good news...what we want to see is action.  Until they make some type of official announcement on the rate change just take everything with a grain of salt...  This [article] gives the appearance that they're getting ready to make the rate change...I don't want us to get overly excited until the bank has made an official announcement.   Right now they're just saying this is just talk...

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

Iraqi Dinar Update on more exchange rate rumors

Pimpy’s Investment Chat:  Oct 19, 2020

https://youtu.be/v37fCxTO0_I?t=2

Iraqi Dinar News 10/19/20 - more peace in the middle east

Pimpy’s Investment Chat:  Oct 19, 2020

https://youtu.be/05uikkYnaz8?t=1

Previous
Previous

Powell: Fed Open To Private Sector Collaboration In Possible Digital Dollar

Next
Next

Iraqi News Monday AM 10-19-20