News, Rumors and Opinions Monday Afternoon 3-20-2023
KTFA:
Clare: Al-Sudani clarifies the most important general lines pursued by Iraq in the file of international relations
Prime Minister Mohamed Shia al-Sudani said on Monday that economic reform must be accompanied by firm anti-corruption measures.
A statement by his media office said that "Al-Sudani participated, today, in a dialogue seminar within the activities of the Baghdad International Dialogue Conference, which is held by the Iraqi Institute for Dialogue."
Al-Sudani spoke to the participants about "the government's vision in the fields of economy and foreign relations, the provision of services and the government's priorities, as well as the new projects included in the draft tripartite budget law."
He pointed out "the most important general lines pursued by Iraq in the file of international relations, and the balance in them, as well as affirming the principles of non-interference in internal affairs, and the preservation of Iraq's sovereignty."
During the seminar, he pointed to "the option of adopting economic reform as an approach to progress and growth and achieving the requirements and needs of citizens, and what must be accompanied by firm measures in the field of combating corruption, in implementation of the government program, and to meet the aspirations of citizens throughout Iraq." LINK
Courtesy of Dinar Guru https://www.dinarguru.com/
GameofPatience the budget is waiting on the rate. Kuwait changed their rate on 3/24/91, this year that would be the weekend of 3-25/26. Iraq and Kuwait have the same budget periods April - March.
Militia Man [CBI governor Alaq talking about Iraqi dinar becoming a major currency] The central bank is trying to reevaluate all monetary policies and to control the dollar in the parallel market expanding the circle of direct dealings in international currencies. That was back in February...they were including...yuan...euro... yen...and dollar...Why is that important? [Post 1 of 2....stay tuned]
Militia Man Because they're going to try and facilitate the transfer of monies in international trade in foreign currencies ... with the Iraqi dinar. As far as I can tell that happened...I think we can take it seriously that something's really up...the migration of the ISO-20022 is an international payment transaction system starts the 18th to 19th. The data is out there. It's not something they're gonna not do...as of yesterday they're basically stating that they have no delays and they're going to migrate... [Post 2 of 2]
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TNT:
Tishwash: Prior to his visit to Turkey.. Al-Sudani: We look forward to transforming Iraq into a center for world trade
Prime Minister Muhammad Shia al-Sudani revealed, on Monday, the most important files that he will discuss during his upcoming visit to Turkey.
Al-Sudani said in his article, "The visit to Turkey acquires special importance at this particular time, with the positive developments taking place in the Middle East region in terms of strengthening cooperation between countries, mobilizing efforts to achieve economic integration and push it forward, and resolving differences based on the methodology of prudent dialogue." Interest prevails and elevates cooperation between neighbors in order to achieve the interests of peoples.
He added, "We will focus in our discussions with the Turkish side on strengthening Iraqi-Turkish relations in all fields, especially the economic field, especially as we look forward to implementing ambitious economic projects in the energy and transport sectors and transforming Iraq into a center for global trade between Asia and Europe through the Faw Grand Port project and what It is linked to economic zones, residential communities and tourist attractions.
He continued, "We look forward from this giant project, which will extend over an area of more than 20 square miles, to open the way for an economic boom for Iraq," noting that "it will contribute to strengthening economic and trade relations between Iraq and its neighbors, led by Turkey on the one hand, and the countries of Europe and Asia on the one hand." another side".
He stated that "the project of the great port of Faw will include the corridor of the dry canal, which will be formed by a highway and a railway line, and will pass through Diwaniyah, Najaf, Karbala, Baghdad and Mosul and extend to the Turkish border, allowing access to the port of Mersin and Europe via Istanbul," explaining that "we will discuss the details of these projects with officials." The Turks, within the framework of our efforts to strengthen the economic and trade partnership with Turkey, with which Iraq's trade balance has reached about $20 billion, represented in Turkish imports of chemical products, seeds, grains, legumes, furniture, medicines and medical supplies, and Iraqi exports to Turkey concentrated in oil.
On water quotas, the Prime Minister affirmed that "the water problem will occupy a space of discussion in Ankara," appreciating "the Turkish side's efforts to increase water quotas that came from behind the dams to Iraq."
He went on to say that "the economic cooperation projects that we seek with Ankara will greatly contribute to creating job opportunities in many Iraqi governorates and will accelerate the pace of Iraq's transformation into a commercial center linking the European and Asian continents, and will put Iraq firmly on the map of world trade," explaining, "We are putting In parallel, there are plans to cooperate with Turkey to enhance our joint economic capabilities and according to timetables for priority projects, with our keenness to diversify energy sources and invest in renewable energy projects to serve development ambitions.
And he stated, "The near future will witness greater economic engagement with Turkey and with all our neighbors and our region, because this engagement and joint cooperation is the only way to overcome the consequences of global crises and the challenges they impose on us at this sensitive time." held in the brotherly Hashemite Kingdom of Jordan or through my recent visits to the United Arab Emirates and Cairo. link
ALERT! Panic at Fed! European Derivative Failure! Countdown to Implosion!
(Bix Weir) 3-20-2023
The European derivative market trigger has been pulled and it will spread to every financial entity on the planet. Brace yourself!
ALERT! Central Banks To Provide "UNLIMITED LIQUIDITY" To The Banking System.
Greg Mannarino: 3-20-2023