News, Rumors and Opinions Wednesday PM 7-24-2024
KTFA:
Clare: Central Bank Governor discusses with UN Regional Representative the development of bilateral programmes
July 23, 2024
His Excellency the Governor of the Central Bank of Iraq, Chairman of the Anti-Money Laundering and Terrorist Financing Council, Mr. Ali Mohsen Al-Alaq, received the Regional Representative of the United Nations Office on Drugs and Crime for the Middle East and North Africa, Ms. "Christina Albertin" and her accompanying delegation.
During the meeting, they discussed strengthening bilateral relations and completing the programs achieved between the two sides, especially with regard to capacity building in following up on criminal proceeds in accordance with international best practices.
The guest delegation praised the efforts made by the Iraqi Anti-Money Laundering and Terrorist Financing Office in combating cross-border crimes, following up on proceeds, and strengthening the work of the internal, regional and international system.
It is noteworthy that Iraq is hosting the Second Baghdad International Conference on Combating Drugs, under the patronage of the Prime Minister, who made it clear in his speech during the conference that drugs threaten the stability of the region, and Iraq's vision towards combating them is not limited to the harm targeting its youth, but will be a factor in comprehensive instability in the region if neglected.
Central Bank of Iraq
Media Office
July 23, 2024
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Clare: Baghdad Governor: The capital's development road path will include the largest commercial exchange station
7/23/2024
Baghdad Governor Abdul Muttalib Al-Alawi chaired an expanded meeting to discuss the final path of the development road, noting that it will include the largest commercial exchange station in the capital.
The Media and Government Communication Department in Baghdad Governorate stated: "The meeting witnessed the participation of representatives from the Ministries of Construction and Housing and Public Municipalities and Planning, a number of general managers and the technical assistant to the Governor of Baghdad and heads of administrative units in the districts and sub-districts in Baghdad Governorate."
The governor said, according to the statement: "The files of conflicts and compensations for the owners of disposal rights and everything related to this important and vital path for Iraq and Iraqis were discussed, in terms of the economic, social, security and political aspects," noting that: "The path that will pass through Baghdad Governorate cuts approximately 28-30 km after changing the path line, and contains the largest commercial exchange station in Baghdad, and will give a clear economic return and provide employment for workers."
Al-Alawi pointed out: "The attendees stressed the need for cooperation and coordination between the concerned parties to establish this important strategic vital line, which will give Iraq an important strategic and economic dimension." LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat Again, I have to ask as to why the reinstatement has not already occurred, if no other rate on FOREX than to reflect the assets of the oil rentier economy already established and ongoing as we know it prior to 1990. Prior to 1990, the rate of the dinar was hovering around $3.22. So why are they still artificially suppressing the rate now? Now, it’s 1/6 of a penny? The war has been over for 21 years, all of Chapter VII sanctions are lifted a year and a half ago, Iraq is producing 1/3 more oil than in 1990, their monetary reserves are the highest in history, up to 150 tons of GOLD and many more other marketable assets are now in motion... [Post 1 of 2....stay tuned]
Mnt Goat Oh…did I mention de-dollarization and all the banking and anti-corruption measures already put in place...I believe it is this “all or nothing” attitude that is holding back Iraq as it needs its currency back online now. This is especially true for attracting foreign investors... my CBI contact told me...why the Project to Delete the Zeros is stalled. I will not get into details of these reasons...as I feel we must just buckle down and wait for this Biden administration to end, at least the part that is controlling the US Treasury and pretending to work with Iraq...I have strong knowledge from my CBI contact this is what has been holding up the RV. The US Treasury will NOT release it... [Post 2 of 2]
IRAQ- Saudi Arabia China Heavily Investing in Iraq Micro Special Report
Edu Matrix: 7-24-2024
IRAQ- Saudi Arabia China Heavily Investing in Iraq Micro Special Report - This is what is happening behind the curtains when it comes to investing in Iraq's future.
Hidden In Plain Sight: YOU ARE NOT ALLOWED TO KNOW... A "BLACK HOLE INSIDE A BLACK HOLE."
Greg Mannarino: 7-24-2024
No loans, No deposits and no deals.