News, Rumors and Opinions Sunday Evening 12-26-2021
KTFA:
Frank26: “WE TOLD YOU MANY THAT LEFT IRAQ… WILL NEED THE CBI SATELLITE BANKS AROUND THE WORLD”………F26
Al-Rafidain begins handing over the MasterCard to retirees residing in Jordan
12/25/2021 09:25:31
Al-Rafidain Bank has begun handing over MasterCard cards to retirees residing in the Jordanian capital, Amman.
And the bank’s media office said in a statement that {Euphrates News} received a copy of it, that “a delegation headed by the general manager of the bank, Abdul Hassan Jamal, visited Jordan with a delegation from the Central Bank of Iraq and supervised the process of issuing MasterCard cards for retirees residing in the Jordanian capital, Amman.”
The statement indicated that “the delegation met with a number of retirees and listened to their problems and expressed its readiness to provide all support and assistance to retirees in Jordan to solve their problems, especially with regard to the delay in their salaries.”
The statement said, “Then the delegation visited the Iraqi embassy in Jordan and held a meeting with the Iraqi ambassador to discuss the obstacles and problems that impede the payment of retirees’ salaries and strive to provide everything possible to alleviate the suffering of retirees.” LINK
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Samson: Zwipe, INC launches first biometric payment card pilot in Iraq
25th December, 2021
Zwipe and International Network for Cards and Digital Payment Services (INC) announced that they will pilot Biometric Payment Cards in Iraq. This will be the first biometric payment card pilot in the country. As one of the fastest growing card processing companies in Iraq, INC will be offering issuance of white label biometric cards as a service for banks and other payment companies.
In collaboration with Zwipe, INC will incorporate biometric payment cards in its portfolio and offer it as a standard payment product to its clients in the Iraqi market.
This development was made possible through INC’s strategic partner Nymcard, which confirmed in September 2021 its collaboration with the Norwegian technology company Zwipe to bring biometric payment cards to the MENA region.
“We are proud to step up our collaboration with Zwipe and bring the next generation contactless experience to Iraq. Our partnership with Zwipe has greatly strengthened INC’s mission to deliver payment solutions with state-of-the-art security and world-class user experience. Our pilot in Iraq with the NEO Visa cards will be the first step in bringing this fantastic product to other players in the market,” said Zaid Fawzi, CEO and Founder of INC.
“Our partnership with NymCard and its subsidiaries in the region such as INC will greatly accelerate the deployment of next generation contactless cards. I am happy to launch this pilot project with INC in Iraq – a large market with huge growth potential.
It is worth mentioning that the Central Bank of Iraq has already endorsed our initiative to bring biometric payment cards to Iraq and is encouraging all Iraqi banks to be part of this exciting innovation,” said Ramzi Saboury, General Manager for MENA region at Zwipe. LINK
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Courtesy of Dinar Guru
Frank26 Article: "Al-Rafidain Bank stops withdrawals and deposits, starting from Thursday" We were just told from {firefly} that they told them this yesterday... Quote: "the suspension comes in order to pay the annual amounts." You're closing your banks for about 4 or 5 days to do an annual account? The year's not over with. Try another story! ...I don't want to grab at straws and give us hopium and say oh look this is perfect. This is it. No. We never give you a date but what we do give you is common sense that this is an amazing window of opportunity...
Breitling Were sitting on a gold mine. I know people get sick and tired of waiting. It's tough. This is the way the world is. But the reality is we're sitting on a gold mine. We're good. We watch Iraq do this and set the stuff up, you just have to have that type of patience...this investment is not for everybody...It's not a hype investment ...people get caught up in the timing and it's like well it hasn't happened...in their mind all these bad things keep happening and none of it was ever true in the first place. I've never seen anything bad yet happen as far as the plan and what Iraq wants to do so they can add value to their currency. They haven't made one bad move yet.
TNT:
JudyBlueEyes: Dear Santa: I left the door open for you last night, I knew you couldn't fit down my chimney, I asked for the RV in your bag. Can you please send it on New Years Day! It would be quite a special delivery, Love Judi
MountainMole: "Success is not final, Failure is not fatal. It is courage to continue that counts." Winston Churchill
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NWMontana: IRAQ~Supreme Court will dismiss al-Ameri's complaint to annul the election results, expert foresees
2021-12-25 05:03 Shafaq News/
The expert in Iraqi law, Tariq Harb, expected that the Supreme Federal Court will dismiss the complaint filed by the head of al-Fatah alliance, Hadi al-Ameri, to annul the October 10 election results.
Harb said in a statement to Shafaq News Agency, "the court recently dismissed a complaint filed by the candidate who won a seat in al-Muthanna Basem Khashan and other candidates to demand the reinstatement of dissolved parliament."
"For this reason, I think that the court will dismiss the complaint filed by al-Ameri to abolish the election results. Its ruling will be unappealable."
"Afterwards, the court will ratify the election results," he said.
The Supreme Federal Court will issue on Monday its verdict in the lawsuit al-Fatah alliance had filed to annul the October 10 election results.
A source told Shafaq News Agency that the court will convene on 26/12/2021 to announce its ruling after completing the hearing and trial procedures.
The leader of al-Fatah alliance, Hadi al-Ameri, reiterated his rejecting position in his testimony before the court today.
Pro-Tehran forces, led by al-Fatah alliance, that emerged as the biggest losers in the election reject the outcome of the vote, thrusting the country into uncertainty and political crisis.
The unsubstantiated claims of voter fraud are casting a shadow over an election that was praised by the United States, the U.N. Security Council, and others for being the smoothest in years and without major technical glitches.
The standoff also increased tensions among rival Shiite factions that could reflect on the street and threaten Iraq's newfound relative stability. However, a recent exchange of visits offered a glimmer of hope for forming a new government.
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MARKETS A LOOK AHEAD: "Together We Are INVINCIBLE!"
Greg Mannarino: Dec 26, 2021