News, Rumors and Opinions Wednesday Night 6-14-2023
TNT:
Tishwash: Washington announces a "strong message" to Iraq.. This is its goal
Washington announced today, Wednesday, a strong message to Iraq aimed at normalizing relations with it and strengthening economic fields between the two countries.
The Special Representative for Trade and Business Affairs at the US State Department, Deloire Syed, said during a press conference attended by a reporterSumerian, he said, "There is a great opportunity not to increase our investment inIraqBut there will certainly be a benefit to society," he said, noting that "we are here to helpIraq".
He added, "We want digitizationIraqAnd to turn into a digital society and create opportunities for the Iraqis,” adding: “We want helpIraqIn development, we hope that this will be as soon as possible.”
Dilawar Syed confirmed, during his response to a question by Alsumaria, that “the oil and gas sector is vital, and we look forward to working in all fields, including the environment, health, hospitals, financial services, and the technology sector in order to keep pace withIraqthe global system.” He pointed out that “there are many young people waiting for many opportunities, and we are looking forward to dialogues that could lead to important results.”
He explained that “the United States has many large companies in the region andIraqThrough this delegation, we seek to change the compass,”stressing that “one of the largest delegations visited America and discussed many details, and we do not need visits that are only meetings and end without an agreement.”
For his part, the Vice President confirmedAmerican Chamber of Commerce,Steve LotusDuring the conference, he stated that "his country is interested and excited to be the commercial attache here inIraqHe pointed out, "We came here to send a strong message aimed at normalizing relations withIraqAnd strengthening economic relations between the two countries.” He continued: “This visit will result in good things and success, and we seek to have continuity in work,” explaining, “We focus on the energy and gas sector and others, and there will be discussions at the level of the environment and the financial services sector.”
His visit to Iraq with a number of officials in the Iraqi government, as well as a large number of representatives of the private and public sectors and owners of entrepreneurial projects to discuss ways to invest in various fields, and create new job opportunities for Iraqis. link
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Courtesy of Dinar Guru
Walkingstick [via Frank26] The exchange rate can be flipped liked that [snap]. 1320 to 1300 - you didn't even see it. If they want to go from 1300 to whatever other rate like that [snap] it can be done and it shall be done and it will be done. It is a fact even though this fact is IMO. The exchange rate can be flipped quickly because the RV calculation phase already has the numbers for the budget at any moment.
Mnt Goat ...what took place these last 4-5 days culminating in completing the passing of the budget, getting it ratified and in the gazette...is important not because the RV rate is in it because it will NEVER be in the budget...The rate used in the budget is $IQD 1300 per 1 $USD certainly not the rate we are looking for...this rate is NOT important and this rate is “flexible”. I assure you that the reinstatement if [is?] going to happen and is just around the bend...I am still under the timing of quite possibly going to the bank sometime this week. I would be VERY surprised if we don’t. But remember if we don’t, it will still be VERY soon.
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KTFA:
Clare: The US Treasury Acknowledges The Countries’ Tendency To “Replace The Dollar”
6/13/2023
US Treasury Secretary Janet Yellen said today, Tuesday, that US sanctions are motivating countries to search for alternative settlement tools for the dollar.
“It is true that when we impose sanctions, countries that may become the subject of these sanctions have motives to look for tools other than the dollar for settlements,” Yellen said, at a hearing in the US House of Representatives Finance Committee.
Chinese Foreign Ministry spokesman Wang Wenbin said on June 8 that Beijing urges America to adopt responsible fiscal and monetary policies, work with other economies to strengthen macroeconomic policy coordination, jointly maintain international economic and financial stability, and promote global economic recovery. .
The Institute of International Finance, a commercial financial services group, indicated in a report that worldwide debt rose in the first quarter of 2023, to about $305 trillion, while America has the largest national debt, amounting to $31.4 trillion.
Noting that America is the world's largest economy and an exporter of the major international currency, Chinese Foreign Ministry spokesman Wang Wenbin said at a press conference that "its financial situation and political choices have important indirect effects on the global economy, so it should adopt fiscal policies." And responsible cash,” according to the Chinese station “CGTN”. LINK
Economy economy economy that’s what’s gone to drive the dinar up
Nader: 6-14-2023
LIVE! Fed. PAUSES, NO HIKE!. Expect The Middle-Class WIPEOUT To Accelerate From Here.
Greg Mannarino: 6-14-2023