More News, Rumors and Opinions Tuesday PM 8-13-2024

TNT:

Tishwash:  Foreign Exchange Service Provider Agents Working Procedures

Date: 8/12/2024

The Arbaeen of Imam Hussein (peace be upon him)... The Iraqi Day of Volunteer Work)

Licensed banks All approved electronic payment companies All approved exchange companies from categories (A) and (B)

M. Procedures for the work of agents of external transfer service providers

Greetings.. Based on the supervisory and supervisory role of this bank, and in order to regulate the work procedures of agents providing foreign remittance services in light of the rapid developments in the financial transfer service, and to limit its misuse for speculation purposes and benefiting from the exchange rate difference.

 It is decided that you will obtain valid residency and passports for non-Iraqis (foreigners) for the purpose of completing transfers, provided that these supporting documents represent the minimum requirements, and you can request any additional document if necessary.

To act accordingly. With appreciation.

I reply. Ammar Hamad Khalaf, Deputy Governor, Agency  link

Tishwash:  Al-Sudani confirms Iraq's commitment to protecting international coalition advisers and ending their mission

The media office of Prime Minister Mohammed Shia al-Sudani confirmed today, Tuesday, that the latter received, late on Monday night, a phone call from US Secretary of State Anthony Blinken, during which developments in the region and efforts to support regional and international stability were discussed.

A statement issued by the office stated that during the call, Al-Sudani renewed Iraq's principled position on the real reasons behind the destabilization, represented by the continued aggression on Gaza, stressing "the necessity for major countries and international organizations to play their full role in stopping the crimes committed against the Palestinian people, and to apply international laws on perpetrators of crimes against humanity to the aggressors and to stop this horrific brutality, in addition to preventing the violation of the sovereignty of the countries of the region."

Al-Sudani also stressed Iraq's commitment to preventing any directed action that would lead to a breach of security, or expose the advisors of the international coalition to fight ISIS present in Iraq to any danger, stressing the continuation of communication between the two sides in order to end the coalition's missions in Iraq, and move to bilateral security relations that serve the interests of enhancing security and stability.

For his part, the Foreign Minister reviewed the ongoing diplomatic efforts to stop the escalation, and the United States' commitment to continuing consultations with the Iraqi side on regional issues, and supporting the path to strengthening relations and cooperation between the two countries, according to the statement.

Secretary of State Antony Blinken spoke by phone with Iraqi Prime Minister Mohammed Shia al-Sudani on Monday evening, the US State Department said.

The ministry indicated that Blinken stressed again the importance of the Iraqi role in providing protection for the international coalition's military advisers from attacks by pro-Iranian militias.

The two sides agreed to continue mutual consultations on regional issues and to work to strengthen bilateral relations between the United States and Iraq, according to a statement by the US State Department.

US Secretary of State Antony Blinken is scheduled to arrive in the Middle East today and plans to visit Qatar, Egypt and Israel.

The visit comes amid tensions in the region, which is anticipating a dual Iranian attack with the Lebanese Hezbollah on Israel, in response to the assassination of the head of the Hamas political bureau, Ismail Haniyeh, in Tehran, and the killing of Fuad Shukr, a prominent Hezbollah leader, during an airstrike in the southern suburbs of Beirut.  link

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Militia Man  Article: "Government signal: high export capacity boost currency value"  It's an education piece...Why is the country of Iraq and the financial advisers talking...Because the fact things are changing.  They want to make the people aware that there are things happening.  I believe give reassurances to why they're doing what they're doing.  If you're going to have a value change...people need to have a little bit of a warning...

Frank26   [Iraq boots-on-the-ground report]  FIREFLY:
We have another guy on TV talking about the WTO accession...He is saying the plan for Iraq to release a fully convertible currency is in October of this year.  FRANK:  The WTO guy needs to shut his mouth...You know very well what Sudani has promised you.  And you know very well it's coming...It's not the WTO's prerogative to tell the world this information.  The WTO is so desperate to get Iraq into the WTO so they can make money off of them...This guy is trying to spill the beans for his advantage.  All I know is that it is happening.

Iraq's Shift to Digital Currency

Nader:  8-13-2024

https://www.youtube.com/watch?v=DtqexUt_Agg

New Inflation Data May Have Just Changed Fed's Rate Cut Plan

George Gammon:  8-13-2024

https://www.youtube.com/watch?v=rl0BHe-uzPc

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Death of the Fiat Currency Regime and the Rise of Gold & Silver as Sound Money

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Iraq Economic News and Points To Ponder Tuesday Afternoon 8-12-24