.KTFA:

Samson: Al-Kazemi expects an increase in Iraq's cash reserve, and it will reach $100 billion

23rd September, 2022

The Iraqi Prime Minister, Mustafa Al-Kazemi expected, on Friday, to increase the country's cash reserve to reach $100 billion.

Al-Kazemi said in an interview with the state media before giving a speech at the General Assembly meeting in New York, that "the white paper succeeded in achieving economic reform."

And he added, "The cash reserve under our government has reached 68 billion dollars, and it is expected to increase to 100 billion dollars."

Al-Kazemi stated that Iraq has achieved the largest and fastest economic growth and has become the first in the Middle East and fifth in the world. LINK

.KTFA:

Samson: France's Total refuses to complete a $27 billion contract with the national oil company

22nd September, 2022

The independent deputy, Basem Khashan, revealed today, Thursday, the reason for the French company's refusal to complete a contract worth 27 billion dollars with the National Oil Company

Khashan wrote in a Facebook post, saying, “The French Total refused to complete a contract worth 27 billion dollars because of its refusal to participate in the National Oil Company, which the new government and parliament have not yet announced its full legal status,” stressing that “this is a direct indication of the illegality of this transaction.” the company

.KTFA:

Samson: France's Total refuses to complete a $27 billion contract with the national oil company

22nd September, 2022

The independent deputy, Basem Khashan, revealed today, Thursday, the reason for the French company's refusal to complete a contract worth 27 billion dollars with the National Oil Company

Khashan wrote in a Facebook post, saying, “The French Total refused to complete a contract worth 27 billion dollars because of its refusal to participate in the National Oil Company, which the new government and parliament have not yet announced its full legal status,” stressing that “this is a direct indication of the illegality of this transaction.” the company

He added, "The decision issued by the Federal Court yesterday cut the way for this deal and other deals that the Minister of Oil and Al-Kazemi wanted to complete before their departure to ensure a very appropriate retirement LINK

Pete2001: this seems like an important article....not sure which way this points to for our investment, imo

.KTFA:

What will Al-Kazemi have for Biden during his upcoming visit to Washington?

And political analyst Ali Al-Baydar says, in a report that I followed (Baghdad Today), that “the political crisis will certainly be present during Al-Kazemi’s talks with American officials in Washington, but since Al-Kazemi is not a party to this crisis, and the political parties see themselves as greater than the government and its president, he He will present the crisis with all impartiality, and present his observations and proposals for solutions to the American administration."

Al-Baydar points out, “The Iraqi street has become convinced that the United States is the main responsible for any failure that occurs in Iraq, because it is the one who established the existing political system, and I think that Al-Kazemi should deliver this message to officials in Washington to urge them to intervene, because the patience of the Iraqis has begun.” Running out". LINK

.KTFA:

Samson: Iraq officially joins the Asian Investment Bank

21st September, 2022

On Wednesday, Iraq announced that Iraq had officially joined the Asian Infrastructure Investment Bank.

The Iraqi embassy in China said that "Iraq has officially joined the Asian Infrastructure Investment Bank," noting that "the Iraqi ambassador in Beijing, Shorsh Khaled Saeed, from the President of the Asian Investment Bank for Infrastructure John Lequin, a certificate of membership for Iraq's accession to the bank."

And she added, "Iraq has become the 92nd member out of 140 countries in the bank."

.KTFA:

Samson: Putin: The world order is currently changing and the world is moving towards pluralism

20th September, 2022

Russian President Vladimir Putin said that Russia had not received any response to its offer to provide countries in need with grain for free.

In his speech, while receiving the credentials of a number of new foreign ambassadors, Putin added that "the European Union's refusal to respond to Russia's proposal to transfer Russian fertilizers from European ports to developing countries for free is the height of ridicule."

In a separate context, the Russian President stated that "the world order is currently changing and the world is moving towards pluralism," adding that "the hegemony in world affairs cannot last forever."

LINK

.KTFA:

Sir: Good morning KTFA IMO-This is a great article to start the week off, “which should prove to be a truly eventful week” Can you smell what this article is all about? I smell a debt jubilee in the air and it’s has to be world wide.. Happy Monday all..

Samson: The Director General, Chairman Of The Board Of Directors, Delivers A Speech At The Opening Of The Meeting Of The Forty-Sixth Session Of The Council Of Governors Of Arab Central Banks And Monetary Institutions

19th September, 2022

His Excellency Dr. Abdul Rahman bin Abdullah Al Hamidi, Director General and Chairman of the Board of Directors of the Arab Monetary Fund

Delivering a speech at the opening of the meeting of the forty-sixth session of the Council of Governors of Arab Central Banks and Monetary Institutions

The inflationary wave, the risks of stagflation, food security challenges, high commodity prices, fluctuations in global supply chains and climate change are the most prominent risks facing the global economy

.KTFA:

Samson: Sri Lanka is considering the possibility of joining the Russian "Mir" system

17th September, 2022

Sri Lanka's Minister of Transport, Pandula Gunawardana, announced that his country's authorities are considering the possibility of joining the Russian payment system "Mir", and negotiations are underway through central banks.

“Our embassy is looking into this issue because I know the Russians want to facilitate card payment in Sri Lanka,” Gunawardana said in a press statement.

He added that the Sri Lankan authorities want Russian tourists to be able to pay with the Mir card.

He continued, "In the near future, there may be progress in this area. Negotiations in this regard are taking place with our central bank. When we obtain approval from the bank, we will be able to announce that." LINK