More News, Rumors and Opinions Saturday Night 2-24-2024
TNT:
CandyKisses: Revealing the most prominent points of contention over the oil law
Information / Baghdad.The parliamentary oil, gas and natural resources committee revealed on Saturday seven points of contention between the region and the center in the draft oil and gas law.
Committee member Ali Al-Mashkour told Al-Maalouma that "the oil and gas law faces 7 controversial points, most notably the region's demand for the right to veto decisions from the Oil Council, and this matter cannot be accepted."
He added that "there is a real intention in Baghdad to clear the differences between the region and the center on the points of contention over the oil and gas law," and pointed out that "the other point of contention is the marketing mechanism and whether It is done through SUMO or through the region, as well as financial revenues."
TNT:
CandyKisses: Revealing the most prominent points of contention over the oil law
Information / Baghdad.The parliamentary oil, gas and natural resources committee revealed on Saturday seven points of contention between the region and the center in the draft oil and gas law.
Committee member Ali Al-Mashkour told Al-Maalouma that "the oil and gas law faces 7 controversial points, most notably the region's demand for the right to veto decisions from the Oil Council, and this matter cannot be accepted."
He added that "there is a real intention in Baghdad to clear the differences between the region and the center on the points of contention over the oil and gas law," and pointed out that "the other point of contention is the marketing mechanism and whether It is done through SUMO or through the region, as well as financial revenues."
Tishwash: US Troops to Stay in Syria and Iraq but Perhaps Not for Long
In recent weeks, there have been meetings in Washington and in Baghdad about the presence in Iraq and Syria of US troops, whose official mandate is to aid local forces against remnants of the so-called Islamic State (IS).
These meetings come following the post-October 7 surge of attacks on US forces in the region by Iran-backed Shia militias seeking to take advantage of the Israel-Hamas war and Arab public anger over unconditional US support for Israel. The Biden administration does not want to be seen as “cutting and running,” as that would show these militias and their patron in Tehran that they can drive the United States out of the Middle East. The strong US military response earlier in February following a January 28 Iraqi militia drone strike killed three American servicemembers at a US base in Jordan has temporarily stopped such attacks. But the ongoing discussions in the US and Iraqi capitals suggest that Washington may be planning for an eventual withdrawal.
Since 2013 the United States has partnered with the Syrian Kurds to combat IS in the northeastern part of the country. US military commanders found that these Kurds, mostly associated with the People’s Protection Units (YPG), were experienced fighters willing to sacrifice to rid their area of the IS presence. The fact that these Kurds incurred more than 10,000 casualties in the counter-IS campaign earned them the respect of the US military. Given that large parts of northeastern Syria are inhabited by Arab Sunni tribes, however, the United States worked with the Syrian Kurds to bring ethnic Arabs into their militia force, thereby creating the Syrian Democratic Forces (SDF).
This force is the main protector of the Kurdish-led Autonomous Administration of North and East Syria (AANES), formerly called Rojava, which means “west” in the Syrian Kurdish dialect and refers to what Syrian Kurds see as the western part of traditional Kurdistan.
Turkish incursion further south into Syria.
But Reassessing Syria Policy
Unbeknownst to Syrian Kurds at the time, on January 18, 2024, the National Security Council held an Interagency Policy Council meeting about the future of the US troop presence in northeastern Syria. At the working-level meeting, which was held at the behest of the Department of Defense, the Pentagon reportedly floated the idea that the Syrian Kurds should partner with the Syrian regime in its fight against IS. Although no decision was made, a follow-on senior level meeting is supposed to take place soon. That the January 18 meeting happened at all indicates that elements in the US government are looking for ways to remove US forces from Syria.
When apprised of the meeting by a reporter, SDF commander Mazlum Abdi said he was “stunned and unable to fathom the reasoning behind this rotten plan.” He emphasized that IS controls swaths of territory to the west of the Euphrates River on the “regime side” and maintains a presence on the road to Damascus. Kobane added that the Syrian regime refuses “any meaningful dialogue” and opposes a “democratic future of Syria.”
He also said that Syrian government forces are incapable of defending the territories under its control against IS, “let alone ours.” Indeed, one American think tank expert said he had been approached by several US officials to ring the “alarm bells” about a potential US withdrawal from Syria because it is “not being properly thought through.”
However, it is unlikely that the Biden administration would support a removal of US troops from northeastern Syria before the November presidential election, since the optics of the United States abandoning the Syrian Kurds could have shades of the disastrous 2021 American withdrawal from Afghanistan. But it is possible that Biden could remove troops after the election. If Trump were to return to the presidency, such a withdrawal Is almost certain.
Why the Biden administration may want to remove troops from Syria is speculation at this point but may be tied to several factors. One factor may be simply that US troops and bases have become convenient targets for pro-Iran militias, and the specter of a wider war between the United States and Iran makes their presence even more risky.
Second, the Biden administration may be inclined to curry favor with Turkey, with a US withdrawal from Syria perhaps serving as a quid pro quo for Ankara’s recent decision to agree to admit Sweden to NATO.
Third, the Biden administration believes the Assad regime is likely to remain in power for the foreseeable future and thus, if an indefinite US military presence in Syria is not in the cards, that the Syrian Kurds need to reach some type of accommodation with the regime. In other words, a Syrian Kurdish rapprochement with Damascus may be the least unpalatable option for the Kurds. Turkey, Iran, and Russia, which all have forces in Syria, oppose Syrian Kurdish autonomy. While the Assad regime is not in favor of autonomy either, such thinking goes, it may not be in a strong enough position to take on the SDF militarily and thus may reach an accommodation with it.
States. For all these reasons, there have been no militia attacks on US military personnel or bases in Iraq and Syria since February 4, though the SDF claimed that a pro-Iranian militia force hit one of its bases in Syria on February 5, killing six Kurds.
Indefinitely, but it must conduct any withdrawal judiciously. Whether it likes it or not, the United States has a moral obligation to the Syrian Kurds, to whom it owes much in the fight against IS. Saying that they should simply make an accommodation with the Assad regime is inadequate and irresponsible.
Washington should also make clear to the Turkish government that a US withdrawal should not be a signal for Ankara to move further south and destroy the AANES entity. In Iraq, US and Iraqi officials should come to a realistic understanding of when the Iraqi military will no longer need US training to take on IS cells without US support. In other words, military capabilities should be the driving force behind any withdrawal decision, though politics will almost assuredly intervene.
(Arab Center Washington)
Disclaimer: the views expressed in this report do not necessarily reflect the official standpoint of Shafaq News Agency. link
Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Iraq's natural resources to stimulate growth is off the charts. They're right there underneath just a few countries... United States, Saudi Arabia...When it comes to valuation they're going to have to value the currency at some point in time to a Real Effective Exchange Rate (REER)...
Frank26 You know the qualifications to be part of the WTO. Is it to have value to their currency? No. It is to have a currency with no restrictions. Therefor if there are no restrictions on their currency, Hey, CBI, go crazy!
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The $900 BILLION Banking Crisis Threatening U.S. Banks, Debt Is Skyrocketing
Atlantis Report: 2-24-2024
With a staggering 900 billion dollars in commercial real estate debt set to mature this year and interest rates remaining stubbornly high, the stage is set for a perfect storm that could shake the foundations of the banking industry.
As the Federal Reserve grapples with the delicate balance of controlling inflation while avoiding a downturn, experts warn of an impending crisis that could rival the magnitude of the 2008 financial meltdown.
Against this backdrop of uncertainty, financial analysts and regulators are sounding the alarm, highlighting the vulnerabilities that have left banks exposed to mounting losses and delinquencies.
Goldilocks' Comments and Global Economic News Saturday Evening 2-24-24
Goldilocks' Comments and Global Economic News Saturday Evening 2-24-24
Good Evening Dinar Recaps,
Meet the new HIPAA requirement...
"Requirement 4.2 of PCI DSS mandates that the Primary Account Number (PAN) must be protected with strong cryptography during transmission. This directly aligns with ISO 27001:2022's control A. 8.24, which calls for the use of cryptography to protect information."
Patient confidentiality is a must in the healthcare setting. As you can see, exchange of information on the new Quantum Financial System that includes hospital settings and such are a must.
The new version of PCI DSS (4.0) will be mandatory from March 31, 2024. It will introduce more requirements needed to secure patient information during the transfer of a diagnosis and payments from various medical settings.
Securing autonomy between a patient and doctor is of prime importance in healthcare ethics. I sat on several ethics committees in my work inside the healthcare setting for years, and it is difficult enough to get patients to open up to doctors what's really going on with them.
This is why autonomy and security information in the healthcare setting is the number one ethical priority for those who work in healthcare. It looks like hospitals and other healthcare settings are working to secure their payment system on the QFS. Texas Health Law Isms Vanta
© Goldilocks
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Goldilocks' Comments and Global Economic News Saturday Evening 2-24-24
Good Evening Dinar Recaps,
Meet the new HIPAA requirement...
"Requirement 4.2 of PCI DSS mandates that the Primary Account Number (PAN) must be protected with strong cryptography during transmission. This directly aligns with ISO 27001:2022's control A. 8.24, which calls for the use of cryptography to protect information."
Patient confidentiality is a must in the healthcare setting. As you can see, exchange of information on the new Quantum Financial System that includes hospital settings and such are a must.
The new version of PCI DSS (4.0) will be mandatory from March 31, 2024. It will introduce more requirements needed to secure patient information during the transfer of a diagnosis and payments from various medical settings.
Securing autonomy between a patient and doctor is of prime importance in healthcare ethics. I sat on several ethics committees in my work inside the healthcare setting for years, and it is difficult enough to get patients to open up to doctors what's really going on with them.
This is why autonomy and security information in the healthcare setting is the number one ethical priority for those who work in healthcare. It looks like hospitals and other healthcare settings are working to secure their payment system on the QFS. Texas Health Law Isms Vanta
© Goldilocks
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On March the 6th, 2024, the CFTC is having a follow-up meeting with the Global Markets Advisory Committee.
The GMAC is a subcommittee that represents the Digital Market Financial System. This meeting is expected to be a time for them to discuss recommendations on their findings so far and move forward with the Digital Financial System.
The purpose of this meeting is to "enhance the resiliency and efficiency of global markets, including increased liquidity in U.S. Treasury markets and the upcoming transition to T+1 securities settlement."
My understanding is that instant settlements are already being worked on. It is also my understanding from conversations with developers that the move from T+1 settlements to T+0 will not take long.
As they are stating in this next meeting, they're going to discuss liquidity in the US Treasury Markets. More and more millionaires and billionaires are retrieving their funds from the stock market and moving into digital economy assets.
This move encompasses assets tokenized and supported by gold. It provides investment opportunities many of these whales are looking for to move their money.
We are witnessing a ground-floor opportunity for those who decide to participate inside the new digital economy. Traders pray for such opportunities as this we are witnessing.
As we move into legislative regulations for protocols inside the crypto economy, stablecoins to pay for these tokenized assets will be coming into focus. CFTC
© Goldilocks
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Zoniqx partners with Ripple to revolutionize asset tokenization on the XRP Ledger.
Integration leverages XRPL's blockchain infrastructure for enhanced efficiency and accessibility.
The collaboration marks a milestone in setting new standards for digital asset management. CoinGape
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Billionaires Dumping Stocks, Economist Knows Why - Safe Retirement Strategies
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February 20 was a momentous day for the Stellar (XLM) ecosystem, marking a shift from its exclusive role as a payment protocol to a platform capable of hosting Decentralized Applications (DApps).
This pivotal event was the deployment of the first smart contract on the Stellar mainnet hours after the successful implementation of Protocol 20. Times Tabloid
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The Future of Securities Tokenisation and Crypto Regulation | RegulationAsia
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Iraq Economic News and Points to Ponder Saturday Afternoon 2-24-24
Iraq Economic News and Points to Ponder Saturday Afternoon 2-24-24
Tlm724 Administrator Bondlady’s Corner
The National Security Advisor Reveals A Political Consensus That Iraq Should Be Free Of Foreign Forces
Saturday 24, February 2024 | a wish Number of readings: 375 Baghdad / NINA / National Security Advisor Qasim Al-Araji revealed a political consensus that Iraq should be free of foreign forces.
Al-Araji said during the sixth Baghdad Dialogue Conference, which was titled (Regional Communication... The Centrality of Iraq), “Our security forces have developed greatly and gained great experience in dealing with the challenges of terrorism, and the Iraqi government does not deny the gratitude of the countries that helped it confront terrorism, and NATO is still present in Iraq and is advisory and not A combat force.”
Al-Araji stated: “The Iraqi government is waiting for the results of the committees to evaluate the situation in Iraq and the status of the international coalition, and it is an internal issue determined by the Iraqi need,” stressing that “the coalition forces are not an alternative to the security forces, and they came in a certain circumstance, and today there is no need for their presence.” The government is the first concerned with the decision to end the coalition’s tasks.”
Iraq Economic News and Points to Ponder Saturday Afternoon 2-24-24
Tlm724 Administrator Bondlady’s Corner
The National Security Advisor Reveals A Political Consensus That Iraq Should Be Free Of Foreign Forces
Saturday 24, February 2024 | a wish Number of readings: 375 Baghdad / NINA / National Security Advisor Qasim Al-Araji revealed a political consensus that Iraq should be free of foreign forces.
Al-Araji said during the sixth Baghdad Dialogue Conference, which was titled (Regional Communication... The Centrality of Iraq), “Our security forces have developed greatly and gained great experience in dealing with the challenges of terrorism, and the Iraqi government does not deny the gratitude of the countries that helped it confront terrorism, and NATO is still present in Iraq and is advisory and not A combat force.”
Al-Araji stated: “The Iraqi government is waiting for the results of the committees to evaluate the situation in Iraq and the status of the international coalition, and it is an internal issue determined by the Iraqi need,” stressing that “the coalition forces are not an alternative to the security forces, and they came in a certain circumstance, and today there is no need for their presence.” The government is the first concerned with the decision to end the coalition’s tasks.”
Al-Araji continued, “We have competent officers among the committees that work to evaluate the status of the international coalition.”
He stressed: “Building confidence internally, regionally, and internationally is important, and the political system has regained the confidence of the Iraqis, and Iraq does not interfere in the affairs of others, and in the same way Time asks others not to interfere in its affairs, and everyone must support the government in its speech, and there must be solidarity work among everyone, and our efforts are focused on supporting the government.” Al-
Araji pointed out: “Iraq has signed 20 security memorandums of understanding with countries during the years 2022 and 2023, from "For the sake of cooperation and exchange of experiences, the political system after 2003 was preoccupied with security issues and challenges that prevented it from performing its duties."
He stated, "Drugs are the greatest threat, not ISIS. What is said about the numbers of ISIS in Iraq is exaggerated, and the political system after 2003 inherited a heavy reality represented by the presence of armed groups on its lands."
He said, "In 2023, we concluded a security agreement with the Iranian side, and positive results were achieved within months for problems that have persisted for many years. We have a second round of meetings with Turkey, to address the situation of the Kurdistan Workers' Party, and the Prime Minister directed to expedite the treatment of this important file," noting that "the camp The Syrian terror is a time bomb, and Iraq returned 1,924 Iraqi families from this camp, including 7,556 Iraqi citizens, including 1,200 Iraqi families who returned to their original areas, and we have no social problems in this regard.”
Al-Araji called on the international community to continue withdrawing nationals from this camp, and so far only 24 countries have responded and returned their nationals out of 60 countries./ End 7
The Dollar Declines In Local Markets
Economy | 10:41 - 02/24/2024 Mawazine News – Baghdad Today, Saturday, the exchange rates of the dollar against the dinar recorded a slight decline in the Baghdad Stock Exchange and the rest of the governorates,
and the dollar exchange rates decreased in the capital, Baghdad, to record 151,900 Iraqi dinars for 100 dollars. Below are the dollar exchange rates in the rest of the governorates:
$100 = 152,150 Basra $100 = 151,750 Erbil $100 = 152,000 Kirkuk $100 = 151,800 Sulaymaniyah $100 = 151,800 Dohuk $100 = 152,150 Najaf $100 = 151,800 Mosul
https://www.mawazin.net/Details.aspx?jimare=242640
Iraqi Expectations That The World Population Will Rise To 9.5 Billion People.. What About Oil Production?
Economy News – Baghdad The Iraqi Oil Minister, Hayan Abdul Ghani, expected today, Saturday, that the world population will rise to 9.5 billion people in the middle of the current century, indicating that this will increase OPEC’s oil production ceiling to 116 million barrels per day.
Oil Minister Hayan Abdul Ghani said, in his speech during the “Sixth Baghdad Dialogue Conference” held in the capital, and attended by the “Al-Iqtisad News” correspondent, that “the state budget depends mainly on oil imports, and there is a great responsibility that falls on the Ministry to provide the main source to sustain Iraqi state budget.
He added, "The ministry has developed an ambitious plan to increase production, but we are major parts of OPEC and one of its founders, so we are committed to production ceilings."
Abdul Ghani continued, "Iraq's production, according to its OPEC quota, amounts to 4 million (barrels per day), and this comes to maintain the stability of global market prices and achieve a balance between supply and demand."
He stated that “studies indicate that during the middle of this century, crude oil production from OPEC will increase by 16%, as the organization now produces 100 million barrels, and the ceiling will rise to 116 million barrels per day,” explaining that “the need comes within the framework of growth.” The world population will rise from 8 billion to 9.5 billion people, with an increase of one and a half billion people.” 70 views 02/24/2024 - https://economy-news.net/content.php?id=40815
Oil Prices Record Weekly Losses As Hopes For A Rate Cut Diminish
Saturday 24, February 2024 | Economical Number of readings: 418 Baghdad / NINA / Oil prices fell by approximately 3% at the end of the evening settlement yesterday, Friday, and it was recorded that the reduction in interest rates may be postponed for at least another two months.
Brent crude futures fell $2.05, 2.5%, to $81.62 per barrel upon settlement, and US West Texas Intermediate crude futures fell $2.12, 2.7%, to $76.49.
Brent fell 2% during the week, while US crude fell more than 3%. But indicators of good demand for fuel and concerns about supplies may lead to a recovery in prices in the coming days, according to Reuters.
Christopher Waller, a member of the US Central Bank's Board of Governors, said on Thursday that the central bank's decision-makers must postpone interest rate cuts for at least another two months, which may lead to a slowdown in economic growth and curb demand for oil./
https://ninanews.com/Website/News/Details?key=1109416
To read more current and reliable Iraqi news please visit BondLady’s Corner: https://www.bondladyscorner.com/
Provoking Points To Ponder From- QUOTES BY KAHLIL GIBRAN
Work is love made visible. And if you cannot work with love but only with distaste, it is better that you should leave your work and sit at the gate of the temple and take alms of those who work with joy.
Yes, there is a Nirvanah; it is in leading your sheep to a green pasture, and in putting your child to sleep, and in writing the last line of your poem.
You give but little when you give of your possessions. It is when you give of yourself that you truly give.
Friendship is always a sweet responsibility, never an opportunity.
Doubt is a pain too lonely to know that faith is his twin brother.
You pray in your distress and in your need; would that you might also pray in the fullness of your joy and in your days of abundance.
The obvious is that which is never seen until someone expresses it simply.
Your daily life is your temple and your religion.
The biggest thing in today's sorrow is the memory of yesterday's joy
We choose our joys and sorrows long before we experience them.
Reason, ruling alone, is a force confining; and passion, unattended, is a flame that burns to its own destruction.
Much of your pain is the bitter potion by which the physician within you heals your sick self.
Your pain is the breaking of the shell that encloses your understanding
Ever has it been that love knows not its own depth until the hour of separation.
Life without love is like a tree without blossom and fruit.
The chemist who can extract from his heart's elements compassion, respect, longing, patience, regret, surprise, and forgiveness and compound them into one can create that atom which is called love.
Famous Quotes and Authors, Famous Quotations for all Occasions
Wisconsin House Votes Overwhelmingly to End Sales Tax on Sound Money
Wisconsin Ends Sales Tax on Gold and Silver
Friday, 23 February 2024
Wisconsin House Votes Overwhelmingly to End Sales Tax on Sound Money
Jp Cortez February 20th, 2024
(Madison, Wisconsin) – The Wisconsin Assembly just voted overwhelmingly to end sales taxes on purchases of gold and silver.
Assembly Bill 29, primarily sponsored by Rep. Shae Sortwell, just passed out of the State Assembly by a bipartisan vote of 86-12. This popular bill is cosponsored by almost two dozen other legislators and enjoys wide support – and would align Wisconsin with the policies of 43 other U.S. states.
Wisconsin Ends Sales Tax on Gold and Silver
Friday, 23 February 2024
Wisconsin House Votes Overwhelmingly to End Sales Tax on Sound Money
Jp Cortez February 20th, 2024
(Madison, Wisconsin) – The Wisconsin Assembly just voted overwhelmingly to end sales taxes on purchases of gold and silver.
Assembly Bill 29, primarily sponsored by Rep. Shae Sortwell, just passed out of the State Assembly by a bipartisan vote of 86-12. This popular bill is cosponsored by almost two dozen other legislators and enjoys wide support – and would align Wisconsin with the policies of 43 other U.S. states.
AB 29 would exempt “precious metals bullion,” defined as coins, bars, rounds, and sheets that contain at least 35% gold, silver, copper, platinum, or palladium.
Imposing taxes on the exchange of Federal Reserve notes for monetary metals (i.e. gold and silver) has become an unusual and outmoded practice in the United States… only 7 states still engage in it.
Passage of these bills would remove a major disincentive to holding gold and silver — a move that has become especially pertinent at a time when inflation is ripping through the economy and wreaking havoc on family budgets.
Article 1, Section 10 of the U.S. Constitution prescribes that gold and silver are money, and imposing a tax on the exchange of one money for another is inherently illogical. But there are other strong public policy reasons why so few states still impose sales tax on precious metals purchases:
Levying sales taxes on precious metals is inappropriate. Sales taxes are typically levied on final consumer goods. Computers, shirts, and shoes carry sales taxes because the consumer is “consuming” the goods. Precious metals are inherently held for resale, not “consumption,” making the application of sales taxes on precious metals inappropriate.
Studies have shown that taxing precious metals is an inefficient form of revenue collection. The results of one study involving Michigan show that any sales tax proceeds a state collects on precious metals are likely surpassed by the state revenue lost from conventions, businesses, and economic activity that are driven out of the state.
The harm is exacerbated when you consider that all of Wisconsin’s neighbors (Minnesota, Iowa, Illinois, and Michigan) have already stopped taxing gold and silver. This harms in-state businesses. Tennessee ended this tax in 2022, and Arkansas and Ohio eliminated this tax in 2021.
Taxing precious metals is unfair to certain savers and investors. Gold and silver are held as forms of savings and investment. Wisconsin does not tax the purchase of stocks, bonds, ETFs, currencies, and other financial instruments.
Taxing precious metals is harmful to citizens attempting to protect their assets. Purchasers of precious metals aren’t fat-cat investors. Most who buy precious metals do so in small increments as a way of saving money. Precious metals investors are purchasing precious metals as a way to preserve their wealth against the damages of inflation. Inflation harms the poorest among us, including pensioners, Wisconsinites on fixed incomes, wage earners, savers, and more.
More than a dozen states have introduced pro-sound money legislation in 2024 so far, including Alaska, Indiana, Iowa, Georgia, Kansas, Kentucky, Missouri, New Hampshire, Nebraska, New Jersey, Oklahoma, Vermont, and West Virginia.
https://dinarchronicles.com/2024/02/23/wisconsin-ends-sales-tax-on-gold-and-silver/
"Tidbits From TNT" Saturday 2-24-2024
TNT:
Tishwash: Al-Araji: There will be a return of gratitude to the international coalition countries that provided to Iraq
National Security Advisor Qasim Al-Araji said on Saturday that the federal government will conclude bilateral security agreements with the countries of the international coalition forces led by the United States of America as a response to what they provided to Iraq in the war against ISIS, and there will be no rift with them if they withdraw from the country. .
Al-Araji's statements came during a dialogue session on the sidelines of the sixth Baghdad International Conference, which began this morning.
Al-Araji said in his statements that drugs have become the first danger in Iraq. ISIS is present in some remote places such as mountains and caves, and the security and intelligence services have accurate information about this presence, and are targeting the organization’s leaders.
Regarding the statistics that some reports indicate that there are 5-6 thousand members of the organization in Syria and Iraq, Al-Araji said: This number is exaggerated.
TNT:
Tishwash: Al-Araji: There will be a return of gratitude to the international coalition countries that provided to Iraq
National Security Advisor Qasim Al-Araji said on Saturday that the federal government will conclude bilateral security agreements with the countries of the international coalition forces led by the United States of America as a response to what they provided to Iraq in the war against ISIS, and there will be no rift with them if they withdraw from the country. .
Al-Araji's statements came during a dialogue session on the sidelines of the sixth Baghdad International Conference, which began this morning.
Al-Araji said in his statements that drugs have become the first danger in Iraq. ISIS is present in some remote places such as mountains and caves, and the security and intelligence services have accurate information about this presence, and are targeting the organization’s leaders.
Regarding the statistics that some reports indicate that there are 5-6 thousand members of the organization in Syria and Iraq, Al-Araji said: This number is exaggerated.
He added that in 2014, we were required to bring friendly forces to help us confront ISIS, and from 2014 to 2024 our forces developed a lot and have experience in confronting organizations, and therefore the government formed from all sectors decided to re-evaluate the presence of these forces.
Al-Araji went on to say that there will be a return of the favor in the form of concluding bilateral security agreements with the countries of the international coalition, and these countries welcome this matter and there is no objection on their part.
The National Security Advisor also confirmed that the NATO coalition is in Iraq for consultation, and they are not combat forces, and international cover is there. We have not severed relations with the international coalition, and there are negotiations with them, and the Iraqi government is awaiting the results of the committees. link
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Tishwash: The Iraqi governorates that decided to suspend working hours next Monday
A number of Iraqi governorates decided to suspend official working hours next Monday (February 26, 2024).
The governorates of (Karbala, Muthanna, Babil, Wasit, Maysan, Basra and Dhi Qar) announced, until preparing the news, the suspension of official working hours next Monday, on the occasion of the Shaabani visit.
The holiday excluded security, service and health departments in the aforementioned governorates. link
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CandyKisses: A thousand cards and 250 million dinars. Qi Card counts its participation in the book fair
Economy News - Baghdad
The International Smart Card Company (K-Card) revealed on Friday the results of its participation in the Iraq International Book Fair.
The director of the awareness department in the company, Muhammad Ali Saeed, on the sidelines of his participation in one of the sessions of the Iraq International Book Fair, and attended by the correspondent of "Economy News", that "the global company for smart card (Key Card) issued during the exhibition more than a thousand electronic payment cards", noting that "the purchase movements through the cards exceeded the 1500 movements."
He added that "the value of the amounts paid through these cards ranges between 30 or 40 million dinars," noting that "the value of the amounts that visitors loaded their card with exceeded the barrier of 250 million dinars."
Ali stressed "the need for integration between citizens' electronic accounts and their bank accounts because this would facilitate many banking operations inside and outside Iraq
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CandyKisses: Seizure of accused of bribery, manipulation and waste of 426 million dinars in Dhi Qar
Economy News - Baghdad
The Federal Integrity Commission announced on Friday the seizure of those accused of bribery and manipulation, while revealing that it had monitored waste worth more than four hundred million dinars, and the seizure of expired medical materials in Dhi Qar.
The Authority's Information and Government Communication Office said in a statement, seen by "Economy News", that "the staff of the Dhi Qar Investigation Office, which moved to the Real Estate Registration Directorate in Nasiriyah, caught one of the directorate's surveyors red-handed receiving bribes with the flagrante delicto, indicating that the seizure process was carried out in accordance with the provisions of Resolution (160 of 1983), after the accused received the bribe amount in exchange for completing a transaction in violation of the law."
The statement added that "the staff of the Commission monitored the monitoring of an accused who buys receipts for the transactions of allocating land plots and official documents (national card - housing card - civil status identity) from citizens for the purpose of allocating and selling them to other people in exchange for sums of money, in order to obtain plots of land in the names of other people, noting the arrest of the accused after a tight ambush by the staff of the Commission's investigation office."
He explained that "the Dhi Qar Reconstruction Fund caused a waste of public money as a result of the failure to take legal measures against a general contracting company to which the project to deliver electricity to a group of villages in the Dawaya district was referred to an amount of (2,335,309,000) two billion dinars, despite exceeding the contractual period for the completion of the project."
He pointed out that "the report of the External Audit Division stated that the Fund did not collect the amount of the delay fine imposed on the company under the terms of the contract, which totaled (426,193,710) million dinars."
He continued, "The field emergency team in the office noticed during an inspection tour at Nasiriyah Teaching Hospital the presence of expired diabetic examination strips," pointing out that "the hospital administration allowed the use of these chips in the examination of patients in the hospital despite that
Mot: .... Has a very !!!!!! Happy weekend
Mot: ... hoping this brightens your day
Weekend News with MarkZ Saturday 2-24-2024
Weekend News with MarkZ
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
THE GURUS WILL KICK OFF THE FIRST 45 MINS AND THEN AT 10:30 AM MARK GIVES THE NEWS!
Member: Good glorious Saturday morning to everyone
Member: I just read Iraq has a holiday Monday…So basically they have a 3 day weekend…..fyi
MZ: Plenty of RV rumors running around today about Reno and Europe that we could get an announcement today. But, I think it could be a bit premature. I can tell you the chatter is off the hook
Weekend News with MarkZ
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
THE GURUS WILL KICK OFF THE FIRST 45 MINS AND THEN AT 10:30 AM MARK GIVES THE NEWS!
Member: Good glorious Saturday morning to everyone
Member: I just read Iraq has a holiday Monday…So basically they have a 3 day weekend…..fyi
MZ: Plenty of RV rumors running around today about Reno and Europe that we could get an announcement today. But, I think it could be a bit premature. I can tell you the chatter is off the hook
MZ: But there are a ton of bankers and group leaders that swear I will be proven wrong and they will get notices today. We will find out….just stay calm.
MZ: We have certainly heard this before but have never been in this same spot where this many things are completed… which does make hearing this something we need to pay attention too. Just stay grounded and calm today as we wait to find out.
MZ: If its true you will see me again today….If not you will see me Monday morning.
Member: I read a blip that we could receive our notices today, but at lower rates first then the higher rates would change to exchange or redeem...
MZ: One of my three redemption center contacts have not been called into work…but they said there is always a possibility. They are being told to prepare for a possibly very busy week this week. They have warned them of that 2 or 3 times in the past …..but they did give them a heads up that there is a potential of this week for them to be working some major overtime.
MZ: The banks are stuck in the position of having to be prepared to go at any moment for when that trigger is pulled. So they are prepared for a potentially very busy work week.
MZ: There are tons of rumors that things have started processing on the group side but I don’t have any group leaders willing to confirm that. Or to deny it.
MZ: “Which countries have the largest gold reserves?” I find this interesting …they are showing the US with $8,133 tons of which half is supposedly stored at Ft. Knox.I question whether or not it’s still there. Many conspiracy theories that this gold is long gone because they refuse to open up for an audit.
MZ: US is supposedly number one…and Germany is next with $3, 353 tons….then Italy with $2,452 tons…..France has $2, 437…Then Russia with $2, 333.and China supposedly at $2,192 tons . I would suppose China has considerably more than what they show. They are guessing based on China’s international purchases…..they do now show what they have domestically. Same goes for Russia who has large gold producing areas as well.
MZ: This does show tremendous demand for gold in Central banks. They say half the gold in the world is now held by central banks.
Member: Have a great weekend everyone cya on Monday morning ….hang in there never give up
Member: Thanks Mark and mods. Happy birthday to all those celebrating!
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary,medical opinions or many guests on this stream……just RV/currency related topics.
TO GET THE “REAL MARKZ ACCOUNTS”, TWITTER, YT, RUMBLE, TELEGRAM ROOMS, AND FOR MARK’S DAILY LINKS TO HIS WEBSITE: https://theoriginalmarkz.com
STAY IN THE KNOW: FOR UPDATES ON PODCASTS (CHANGES & GUESTS). YOU WILL FIND PLENTY OF USEFUL INFO THAT KOUKLA UPDATES OFTEN FOR MARK AT THE TELEGRAM INTEL CHANNEL: https://t.me/+K_GNVfTI0gFkZWYx
GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
THANK YOU ALL FOR JOINING. HAVE A BLESSED WEEKEND! SEE YOU MONDAY MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
News, Rumors and Opinions Saturday AM 2-24-2024
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
Restored Republic via a GCR: Update as of Sat. 24 Feb. 2024
Compiled Sat. 24 Feb. 2024 12:01 am EST by Judy Byington,
Judy Note: On Fri. 23 Feb. an Event may have happened that changed timing of The Plan. A Military Contact then reported that The Plan was now in place and was being implemented. The White Hat Military Alliance “had everything on everybody.”
It remained my personal opinion that Tier4b (Us, the Internet Group) would receive our redemption appointments AFTER the Ten Days of Darkness, or what was better referred to as the Ten Days of Exposure, and that those ten days would begin very soon. Look for Black Swan Events: Outages, Cyber Attacks, Bank Failures leading to Worldwide Martial Law, Exposure of the Cabal’s nefarious activities and Activation of the Quantum Financial System.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
Restored Republic via a GCR: Update as of Sat. 24 Feb. 2024
Compiled Sat. 24 Feb. 2024 12:01 am EST by Judy Byington,
Judy Note: On Fri. 23 Feb. an Event may have happened that changed timing of The Plan. A Military Contact then reported that The Plan was now in place and was being implemented. The White Hat Military Alliance “had everything on everybody.”
It remained my personal opinion that Tier4b (Us, the Internet Group) would receive our redemption appointments AFTER the Ten Days of Darkness, or what was better referred to as the Ten Days of Exposure, and that those ten days would begin very soon. Look for Black Swan Events: Outages, Cyber Attacks, Bank Failures leading to Worldwide Martial Law, Exposure of the Cabal’s nefarious activities and Activation of the Quantum Financial System.
Global Currency Reset:
Fri. 23 Feb. Banking Intel: : This info came from Hong Kong, England, NYC, Reno and several contacts within the USA who have connections. The message was the same throughout. The economies of the world has not changed especially the US and to avoid a world wide shut down this RV needs to occur ASAP to avoid this calamity and those in power recognize this.
Fri. 23 Feb. Wolverine: On Thurs. 22 Feb. the Central Bank of Iraq made an official RV announcement on TV: Iraq will present a Sovereign coin and release it. Rubem BAZ: He says BENEFICIARIES Dr. MIGUEL, AND G13 CONFIDENTIALITY AND SECURITY OF THE OPERATION THIS IS THE FINAL INFORMATION 1) YESTERDAY I INSERTED CODE, PASSWORD, 2) A DOCUMENT FROM RENO ARRIVED AT BACEN, WHERE THE ENTIRE WORLD INTERBANK WAS DISSEMINATED WITH THE QFS, 3) THE PLATFORMS AND COUNTRIES ALREADY HAVE LIQUIDITY IN THEIR CPFS AND/OR PASSPORTS, 4) THE WORLD BANKING INSTITUTIONS THAT WILL CALL INVESTORS AND BENEFICIARIES, 5) IN BRAZIL, THE WORLD BANK AND THE IMF FINISHED ALL THE PENDINGS YESTERDAY AND TRAVELED TODAY, 6) THE GENERAL REQUESTED A DOCUMENT FROM THE IMF FOR THE PRESIDENT OF SAFRA, WHO WAS AUTHORIZED TO CONTACT ME, AND THIS DOCUMENT ALREADY ARRIVED, 7) NOW FOR THE WORLD TO SPEND, I WILL ONLY OCCUR TO MOVE ANY AMOUNT IN MY ACCOUNT THAN THE VALUES ALREADY AVAILABLE, SUMMARY: WASHINGTON IMF GIVES THE GREEN LIGHT TO THE HARVEST, I ENTER, MOVEMENT AND THE WORLD PASSES SIMULTANEOUSLY AND EVERYONE WILL BE HAPPY, UNTIL NEXT WEEK. Blessings Wolverine
Fri. 23 Feb. MarkZ: “There are a lot of rumors that everything implodes next week.”
Global Financial Crisis:
The Cabal’s Great Reset: Former Blackrock portfolio manager, Ed Dowd, explains why every last remnant of human freedom depends on widespread rejection of CBDC. “It is literally a prison planet. Once the central bank digital currency is linked to all your credit cards and bank accounts, then social controls can be implemented. If you’re a dissenter like me, talking about truth, they shut you down”.
Fri. 23 Feb. The three largest Chinese banks (Industrial and Commercial Bank of China, China Construction Bank and Bank of China) have been rejecting Russian payments via SWIFT, SPFS and CIPS since the beginning of the year.
Catherine Herridge was the only person on the CBS Face The Nation panel speaking about a “Black Swan” event: Outages, Cyber Attacks, Banks on the Brink of collapse, Yen Crashing, US Markets are in a “Melt Up.”
Fri. 23 Feb. JP Morgan CEO Dimon selling 150 Million $ of stock.
Read full post here: https://dinarchronicles.com/2024/02/24/restored-republic-via-a-gcr-update-as-of-february-24-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Article: "In support of the Iraqi dinar Watch.. Forces roam the streets of Najaf and review store records in search of dollar transactions" They are going door to door...THEY ARE GOING TO BUSINESS TO BUSINESS, TO RETRIEVE EVERY DOLLAR FOR THE INTRODUCTION OF LOWER NOTES. You're shrinking the market dollars so they can be closer to the official exchange rate so you can get a 1 to 1 which will cause it to float in the international basket so you can add value to your currency...
Jeff In March the UN will be submitting their official, 'We're done', 'we're ending our mission in Iraq' report to Iraq...After Iraq has revalued is when it gets submitted and turned over to the Iraq government...
This Chart Shows Why $100 Silver Is Likely | Tavi Costa
Liberty and Finance: 2-23-2024
Triple digit silver is likely, says Tavi Costa, partner at Crescat Capital "It's going to be very volatile." He points to how many silver miners are extremely undervalued.
Precious metals have very little mainstream interest right now. General investors now have almost no allocation to the gold space. But once the upward movement becomes clear, "you won't find any distressed assets anymore."
INTERVIEW TIMELINE:
0:00 Intro
1:08 Silver update
4:43 Gold allocation
7:41 Miners
12:25 Stock market
20:30 Yield curve inversions
MilitiaMan: IRAQI DINAR - FEDERAL COURT DECISION - IQD - NUMBERS & DETAILS - 2024 BUDGET - PMs Office - Read It
IRAQI DINAR - FEDERAL COURT DECISION - IQD - NUMBERS & DETAILS - 2024 BUDGET - PMs Office - Read It
MilitiaMan and Crew: 2-24-2024
The Crew: Samson, PompeyPeter, Petra, Angel1, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
IRAQI DINAR - FEDERAL COURT DECISION - IQD - NUMBERS & DETAILS - 2024 BUDGET - PMs Office - Read It
MilitiaMan and Crew: 2-24-2024
The Crew: Samson, PompeyPeter, Petra, Angel1, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
Iraqi Dinar Today Video Updates Friday Evening 2-23-24
Iraqi Dinar Today Video Updates Friday Evening 2-23-24
Great man Wells Fargo Confirm Dinar Revaluation Date And Time – 2:31
WOW Al Sudani Got Letter From Washington For Date Of IQD RV – 3:13
See the Big News Rate Happened Dinar $6.30 & Dong $4.33 USD – 3:43
Iraqi Dinar Today Video Updates Friday Evening 2-23-24
Great man Wells Fargo Confirm Dinar Revaluation Date And Time – 2:31
WOW Al Sudani Got Letter From Washington For Date Of IQD RV – 3:13
See the Big News Rate Happened Dinar $6.30 & Dong $4.33 USD – 3:43
Great man Wells Fargo Confirm Dinar Revaluation Date And Time – 2:31
Hello, World!
WOW Al Sudani Got Letter From Washington For Date Of IQD RV – 3:13
See the Big News Rate Happened Dinar $6.30 & Dong $4.33 USD – 3:43
Iraq Economic News and Points to Ponder Friday Evening 2-23-24
Iraq Economic News and Points to Ponder Friday Evening 2-23-24
Tlm724 Administrator Bondlady’s Corner
The Central Bank Denies That There Is A Problem With The Liquidity Of The Iraqi Dinar
Economy | 02/23/2024 Mawazine News – Baghdad Today, Friday, Central Bank Governor Ali Al-Alaq denied the existence of a problem with the liquidity of the Iraqi dinar, while indicating the imminent launch of the new mechanism for travelers to obtain the dollar.
Al-Alaq said in a statement, “What is being raised and rumored about the existence of a problem with the liquidity of the Iraqi dinar is untrue, and that the Central Bank is continuing the process of responding to requests related to liquidity, as well as the Ministry of Finance.”
He pointed out, "The Central Bank is developing the mechanism for passengers to obtain dollars smoothly at Iraqi airports, some of which have completed the system with the presence of relevant exchange companies and banks distributing dollars."
Al-Alaq pointed out, “The new mechanism will go into effect soon, and the traveler will obtain the dollar by registering through the platform and receiving it at the airport to ensure that the dollar reaches the real traveler.”
Iraq Economic News and Points to Ponder Friday Evening 2-23-24
Tlm724 Administrator Bondlady’s Corner
The Central Bank Denies That There Is A Problem With The Liquidity Of The Iraqi Dinar
Economy | 02/23/2024 Mawazine News – Baghdad Today, Friday, Central Bank Governor Ali Al-Alaq denied the existence of a problem with the liquidity of the Iraqi dinar, while indicating the imminent launch of the new mechanism for travelers to obtain the dollar.
Al-Alaq said in a statement, “What is being raised and rumored about the existence of a problem with the liquidity of the Iraqi dinar is untrue, and that the Central Bank is continuing the process of responding to requests related to liquidity, as well as the Ministry of Finance.”
He pointed out, "The Central Bank is developing the mechanism for passengers to obtain dollars smoothly at Iraqi airports, some of which have completed the system with the presence of relevant exchange companies and banks distributing dollars."
Al-Alaq pointed out, “The new mechanism will go into effect soon, and the traveler will obtain the dollar by registering through the platform and receiving it at the airport to ensure that the dollar reaches the real traveler.” https://www.mawazin.net/Details.aspx?jimare=242605
The Central Bank Promises To Develop A New Mechanism For Delivering Dollars At Airports
Friday 23, February 2024 | EconomicalNumber of readings: 109 Baghdad / NINA / The Governor of the Central Bank of Iraq, Ali Al-Alaq, announced the development of a new mechanism for delivering the dollar at Iraqi airports to ensure that the dollar reaches real travelers.
Al-Alaq said in a press interview, “The new mechanism includes registration through an electronic platform and receipt at the airport by the traveler, indicating that the system and the presence of the relevant exchange companies have been completed in some airports, and the mechanism will be launched very soon.”
The Governor of the Central Bank confirmed that “there is no problem with the availability of the Iraqi dinar or liquidity, and that the Central Bank has not stopped for a moment in responding to requests related to liquidity and what is related to the Ministry of Finance.”
He pointed out that “the Central Bank pays great attention to electronic payment and electronic collection, and that it cooperates with the Prime Minister, government institutions and the private sector to enhance this field,” considering that “the launch was very successful and the size of the numbers reflects this.”/ End 9 https://ninanews.com/Website/News/Details?key=1109309
Prime Minister: We Are Close To Securing The Country’s Full Needs For Derivatives No Later Than The Middle Of Next Year
Energy Economy News – Baghdad Prime Minister Muhammad Shiaa Al-Sudani confirmed on Friday that he is close to securing all of the country’s needs for derivatives no later than the middle of next year.
The Prime Minister's Media Office stated, in a statement, seen by Al-Iqtisad News, that "Prime Minister Muhammad Shiaa Al-Sudani visited the Al-Shamal Refinery in Baiji, which was rehabilitated after a hiatus that lasted more than 10 years."
The Prime Minister pointed out that "many Iraqis were waiting for this important achievement after the destruction that befell the refinery," recalling "the martyrs and wounded who defended this land and liberated the refinery from the terrorist ISIS gangs, so that a new era would begin whose heroes were the engineers and workers of the Northern Refineries Company who... They took on the challenge of rebuilding this important vital refinery.”
He stressed that "many doubted the return of the refinery materials that were made in cooperation with the Kurdistan Regional Government of Iraq," noting that "with this achievement, we are close to securing the country's entire needs for derivatives, no later than the middle of next year, which will save us billions of dollars that will be invested in In other service and economic aspects, by stopping the import of petroleum derivatives, we will thus achieve the goals of reform.”
Al-Sudani stated, “This government, during its 15 months of existence, has placed the oil and gas sector at the top of its priorities, according to well-thought-out programs and plans to invest this wealth, in a way that achieves the best returns,” stressing, “continuing to prepare a plan for investment projects inside and outside Iraq, in a new policy.” We adopt it by investing oil in the petrochemical and manufacturing industries to obtain the greatest return.”
The Prime Minister said, during a speech he delivered at the opening of the refinery, according to the statement: “We stand with reverence and respect for the martyrs and wounded who defended this land and liberated the refinery from ISIS gangs,” adding: “We visited this refinery in May 2023, to see its reality and look at the equipment.” The recovered machines came at the initiative of citizen Baran Ahmed Younis and with the cooperation of the Kurdistan Regional Government of Iraq.
He pointed out that "Iraq, with its production of more than 4 million barrels per day, is still importing oil derivatives, a policy that has been in place for decades," adding: "With this achievement, we are close to securing the country's entire needs for derivatives, no later than the middle of the year." Next, the champions may surprise us before this date.”
He stressed that "billions of dollars will be saved and allocated to other service and economic aspects by stopping the import of oil derivatives, and this is the real reform," pointing out that "the will and determination of the heroes in the Northern Refineries Company and the supporting national companies achieved this national achievement in 7 months, and it is assumed that The time limit may take 3-4 years.”
He stressed that "Iraq does not accept the impossible, and creates solutions regardless of the difficulties, and it is the strength that we are betting on to face all challenges," noting that "the government has placed the oil and gas sector at the top of its priorities, according to well-studied programs and plans that highlight the importance of investing this wealth, in a way that achieves the best possible results." Returns.”
He continued: "We went to projects implemented for the first time, such as investing in associated gas, and today international companies are working, and the national effort is in more than one site and field, to end gas burning within a time frame of 3-5 years," adding: "We are preparing the plan for investment projects inside and outside Iraq." “In a new policy we are adopting to invest oil in the petrochemical and manufacturing industries to obtain the greatest return.”
He continued his speech: “Our government is moving forward, with full confidence and determination, to provide service to the people in accordance with the government program, and with the support and assistance of members of the House of Representatives,” appreciating “the role of the Energy Committee in Parliament, and its Chairman, who had a major role in recovering the refinery’s materials.”
The Prime Minister also appreciated, according to the statement, “the important role of the members of the House of Representatives from Salah al-Din Governorate for their assistance and support in reviving this refinery,” concluding by saying: “The Baiji refinery returns to be a clear witness to the will, resolve, and persistence of the Iraqi people. 02/23/2024 - https://economy-news.net/content.php?id=40796
Oil Prices Are Declining Globally After A Decline In Demand
Economy | 02/23/2024 Mawazine News – Baghdad Oil prices fell in Asian trading, today, Friday, as investors monitor signs of weak supplies with continued concerns about declining demand.
According to press reports, Brent crude prices witnessed a decline to about $83 per barrel after a 1.6% rise in the previous two sessions, while West Texas Intermediate crude was trading at about $78 per barrel, according to Bloomberg data analysis.
Oil spreads show signs of a stronger market, while US crude inventories expanded less than expected last week.
Although US crude inventories rose less than expected, they remain high for the fourth week in a row. Stocks in the Cushing Center in Oklahoma, which is considered a delivery point for US crude contracts, extended for the second week, but remain below seasonal averages, according to observers
https://www.mawazin.net/Details.aspx?jimare=242594
Weekly Trading Indicators For The Iraqi Stock Exchange
Thursday 22, February 2024 22:06 | Economical Number of readings: 705 Baghdad / NINA / The Iraq Stock Exchange organized five trading sessions today, Thursday, during the third week of February 2024.
A statement from the stock market stated, “During the third week of February 2024, five trading sessions took place from Sunday, 02/18/2024, to Thursday, 02/22/2024. During this week, the following indicators were achieved:
1- reached The number of shares traded during this week was more than (16) billion shares.
2- The value of shares traded this week amounted to more than (16) billion dinars.
3- The market trading index closed for the first session of the week at (910.92) points, while the At the end of the week, the index reached (917.42) points, achieving an increase of (0.71%) over its close at the beginning of the session.
4- During this week (3378) buy and sell contracts for shares of companies listed in the market were executed./End 8 https://ninanews.com/Website/News/Details?key=1109203
To read more current and reliable Iraqi news please visit BondLady’s Corner: https://www.bondladyscorner.com/
Goldilocks' Comments and Late Global Economic News Friday Evening 2-23-24
Goldilocks' Comments and Late Global Economic News Friday Evening 2-23-24
Good Evening Dinar Recaps,
Currently, we have a lot of stocks that are doing what is called "reverse stock splits." I won't go into detail on what this is, but it is simply reducing the number of stock shares that are provided on the stock market by a company.
This gives a company the ability to manipulate their price. It makes a company look like they are doing better than they really are. Professional traders view this as a negative move to keep their company from being delisted from the markets and sold as penny stocks.
It is an indication that this particular stock has reached a bottom, and the company is attempting to artificially raise its value through a reverse stock split.
Bottom line, the stock market just simply is not doing as well as it appears, and you do have to know what you're doing to be on it at this stage. This is one of many tricks that are being played currently on the stock market to hold its value up artificially.
For this and other reasons, we are witnessing many traders and billionaires move their money from the stock market and into digital asset-based trading. WolfStreet
© Goldilocks
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Goldilocks' Comments and Late Global Economic News Friday Evening 2-23-24
Good Evening Dinar Recaps,
Currently, we have a lot of stocks that are doing what is called "reverse stock splits." I won't go into detail on what this is, but it is simply reducing the number of stock shares that are provided on the stock market by a company.
This gives a company the ability to manipulate their price. It makes a company look like they are doing better than they really are. Professional traders view this as a negative move to keep their company from being delisted from the markets and sold as penny stocks.
It is an indication that this particular stock has reached a bottom, and the company is attempting to artificially raise its value through a reverse stock split.
Bottom line, the stock market just simply is not doing as well as it appears, and you do have to know what you're doing to be on it at this stage. This is one of many tricks that are being played currently on the stock market to hold its value up artificially.
For this and other reasons, we are witnessing many traders and billionaires move their money from the stock market and into digital asset-based trading. WolfStreet
© Goldilocks
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LIVE! What The Fed. Is Planning IS WAY WORSE THAN YOU THINK... Count On It. Mannarino | YouTube
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In the house there has been disagreements on the control of payment stablecoins. | Mr. Man on X
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