More “Iraq News” Posted by Clare at KTFA 2-13-2025
KTFA:
Clare: Trump advisory team member: Iraq's security is part of America's security
2/12/2025
Considered a member of the US President's Advisory Team Donald Trump, Wednesday, Security Iraq Part of the security of the United States, describing Iraq In an important and allied country.
Gabriel Souma said during his interview with the program "From the Last" broadcasted by Sumerian Al-Fadaiya: “America requested when Biden was in the White House that Sudanese By dissolving the Shiite factions loyal to Iran.
He asked, "What is the mission of the factions as long as there is an Iraqi army?", stressing, "There are dangers from these factions to the situation in Syria," according to his description.
In addition, Souma said, "Security Iraq Part of security US He is a friend and ally, and they have strong relations," he added, "Iraq is an important country and an ally of the United States of America." LINK
Clare: Al-Sudani pays official visit to Czech Republic
2/13/2025
Prime Minister Mohammed Shia Al-Sudani headed to the capital, Prague, on Thursday morning, on an official visit to the Czech Republic.
The official reception ceremony for Prime Minister Mohammed Shia Al-Sudani took place in the Czech capital, Prague, and he was received by the Czech Prime Minister, Mr. Petr Fiala.
The Sudanese media office stated that the ceremony included playing the national anthems of both Iraq and the Czech Republic, reviewing the guard of honor, and taking commemorative photos by both sides.
During the visit, Al-Sudani will hold talks with the Czech Prime Minister, and will also meet with the President of the Czech Republic. The visit will include the signing of memoranda of understanding in a number of fields, as well as holding a series of meetings with Czech companies, and a meeting with the Iraqi community in the Czech Republic. LINK
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Clare: Iraq and Czech Republic sign an agreement and 5 memoranda of understanding
2/13/2025
On Thursday, Iraqi Prime Minister Mohammed Shia al-Sudani and his Czech counterpart, Petr Fiala, sponsored the signing of an agreement and five memoranda of understanding.
According to a statement by Al-Sudani's media office received by Shafaq News Agency, the latter and his Czech counterpart sponsored "the signing ceremony of an agreement and five memoranda of understanding in several fields, within the framework of Al-Sudani's official visit to the Czech capital, Prague, which he arrived at today, Thursday."
According to the statement, an air transport agreement was signed between the Iraqi and Czech civil aviation authorities, and a memorandum of understanding was signed between the Ministry of Oil and the Czech Ministry of Industry and Trade.
The ceremony also witnessed the signing of a draft memorandum of understanding between the Ministries of Interior in Iraq and the Czech Republic, a memorandum of cooperation between the Iraqi and Czech Federations of Industries, a memorandum of cooperation between the Iraqi and Czech Federations of Chambers of Commerce, as well as a letter of intent with the Iraqi Ministry of Environment. LINK
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Clare: Investments 2025: Economic renaissance under the umbrella of the general budget
2/13/2025
Mazhar Muhammad Salih, financial and economic advisor to Prime Minister Muhammad Shia al-Sudani, confirmed today, Thursday, that investment projects for the year 2025 are an integral part of the investment section in the Federal General Budget Law.
He added in his statement to {Euphrates News} that "the three-year general budget was enacted to give the development policy sufficient flexibility in implementing investment projects without interruption, according to a flexible and rational vision that takes into account the indicators of the National Development Plan 2024-2028, and according to the available financing capabilities drawn up in the plan and the general budget together."
From.. Raghad LINK
Clare: America stops the dollar cash to Iraq: Will the dollar rise against the dinar?
February 12, 2025
Last updated: February 12, 2025
Independent/- In a surprising move, reports indicate that the United States has decided to stop sending cash dollars to Iraq, a decision that could have profound effects on the Iraqi economy and its financial market. This shift raises many questions about its impact on the value of the Iraqi dinar, currency markets, and the local banking sector.
What is a cash dollar?
Cash dollars refer to money that is physically sent to Iraq by the United States, usually through banks or other economic mechanisms. This cash flow has played an important role in supporting the Iraqi economy, especially in light of the economic challenges facing the country.
The reason behind the American decision
Sources indicate that the US decision comes in the context of economic and diplomatic pressures on Iraq, which include issues related to the national economy and monetary policies. Some reports also indicate that the United States may seek to limit the use of the dollar in Iraqi financial transactions, in an attempt to enhance the stability of the local currency and reduce dependence on foreign currencies.
Impact of the decision on the Iraqi dinar
The decision is expected to cause significant volatility in the local currency market. The US dollar is one of the main currencies traded in Iraq, and stopping its flow of cash could lead to a shortage in supply, which could push the dollar higher against the dinar.
The impact of the rise on the Iraqi market
The increase in the value of the dollar may lead to higher prices in the Iraqi market, which will exacerbate the burden of inflation and affect the ability of citizens to purchase basic commodities. This may also indirectly affect economic activity, especially in sectors that rely heavily on imports.
Are there any solutions?
The Iraqi government will face a major challenge in dealing with these developments. The next phase may require developing new economic and financial strategies to mitigate the impact of sudden changes in currency rates. It is necessary to have a move towards strengthening the Iraqi dinar and diversifying the sources of the national economy away from heavy reliance on the dollar.
Conclusion
In light of these developments, it will be important to monitor the short- and long-term effects of this decision. Iraq needs decisive steps to secure the stability of its national currency and protect its economy from the repercussions of the decision to stop the use of the cash dollar. LINK
