Tlm724 Administrator Bondlady’s Corner
An Expert Talks About The Dangers Of Iran Going To Deal With The Iraqi Dinar
6,417 sweeteners 9/10/2022 21:08 Baghdad today – Baghdad Today, Saturday, economic expert Rashid Al-Saadi identified the reasons for offering the Iraqi dinar currency in Iranian local banks.
Al-Saadi said in a statement to (Baghdad Today), that “after Iran’s decision, Iraq will import Iranian goods in the Iraqi currency, and this matter will have a significant impact on the exchange rate of the dollar in Iraq, as it will be affected by the same percentage that the Iraqi dinar is transferred to Iran.”
He added, “There is an experience similar to the Iranian decision, which is the Russian experience when the countries that import Russian gas are forced to deal in rubles.”
And that “this caused a direct impact on the devaluation of the European currency, which led to the strengthening of its currency, the ruble.” https://baghdadtoday.news/news/200284/خبير-يتحدث-عن-مخاطر-توجه
Only Two Options.. The International Community Is Preparing To Intervene In Iraq
Political | 07:00 – 11/09/2022 Special- Mawazine News The political crisis in Iraq resulting from the last elections is approaching the completion of its first year, in light of international moves to end the crisis with an initiative that is preparing to be put forward by the representative of the Secretary-General of the United Nations in Iraq, Jenin Plasshart.
According to information obtained by Mawazine News, “the international community is increasingly concerned about the developments of recent events in Iraq, which have reached armed clashes, and is ready to intervene through the United Nations and European Union missions to reach a guarantor agreement between the Iraqi political parties.”
She adds, “The United Nations and the European Union will be the guarantors of the agreement of the Iraqi political blocs, especially between the coordination framework and the Sadrist movement on the one hand, and with the Kurdish and Sunni political parties on the other.”
She points out, “Blackshart will present a working paper similar to the initiative to the Shiite political blocs of the Sadrist movement and the coordination framework for signing it and with an international guarantee.
Two options were put before the Iraqi political forces to agree or move internationally to correct the political process in Iraq.”
As for the text of the working paper or its articles, the information clarifies that it “includes holding early elections and dissolving Parliament within a period not exceeding six months,” without giving further details.
Since the early parliamentary elections that took place on the tenth of last October, Iraq has been living in a state of political impasse that reached its climax during the past month, when the Green Zone witnessed armed clashes that resulted in casualties and injuries, before the leader of the Sadrist movement Muqtada al-Sadr requested the withdrawal of his supporters from the region green.
A few days ago, al-Sadr issued a statement from several points in which he demanded early elections and the retention of the presidents of the republic and the ministers, but the coordinating framework that includes Shiite forces and is considered the largest bloc refuses to keep Al-Kazemi and insists on forming a government headed by his candidate, Muhammad Shia al-Sudani.
https://www.mawazin.net/Details.aspx?jimare=205177
Will The Iraqi Agreement With China Survive Foreign Conspiracies?
September 11 18:46 information / special Iraq needs long-term strategic projects in order to improve the service reality that the Iraqi people need, and
one of the strategic agreements signed by Iraq is the Chinese agreement, that is, oil in exchange for Chinese companies activating the projects that Iraq needs to advance the service reality.
According to observers, Iraq is the biggest winner of the Chinese agreement because Chinese companies will extract it and export it to the Iraqi bank account, and
this will save Iraq from the cost of extracting and exporting oil and then selling it and then building projects, as the Chinese agreement shortened all these steps on Iraq,
but the agreement It collided with the interventions of countries that do not want Iraq to reach the stage of development, and the second thing is the liquidation of international disputes at the expense of Iraq, which led to the failure to implement all its aspects.
On September 19, 2019, Iraq and China signed 8 agreements and memoranda of understanding at the conclusion of talks with Beijing, according to which Iraq opened a credit account in a Chinese bank, to deposit oil revenues of 100,000 barrels per day, in exchange for the implementation of infrastructure projects, such as schools, hospitals, roads, electricity and sanitation., to be determined through the Ministry of Planning and in coordination with the Council of Ministers,
but American and other pressures are being exerted on Iraq in order not to properly activate the Chinese agreement.
* What is its relationship to the formation of the government?
For his part, the representative of the State of Law coalition, Jassem Al-Moussawi, reveals, in an interview with Al-Maalouma, about “returning to the Chinese agreement in the coordination framework program after the formation of the next government,” stressing that “Iraq needs its transition in service projects and modern roads in Mosul and building construction.”
The advanced infrastructure and housing complexes that the Iraqi people need.”
Al-Moussawi says that “Iraq needs such strategic agreements in the future so that the oil export investment is in the right way,” noting that “Iraq has lost confidence in foreign and European agreements after the failure of many of them.”
* Exploiting the abundance of money
In turn, the economic expert, Safwan Qusay, calls on the Iraqi government to raise oil exports to China from 100 to 300 thousand barrels per day because of a surplus in the general budget.
In an interview with Al-Maalouma, he says that “the bank account of the Chinese agreement with Iraq amounts to 10 million dollars, and this will increase the ability of the Iraqi economy to face economic fluctuations,” stressing that “Iraq needs strategic projects in light of the financial abundance that occurred as a result of high oil prices.”.
Qusay continues his speech,”The agreement will work on the projects announced by the Ministry of Planning through the evidence it collects.”
*Investing in oil
In this regard, economic analyst Younis al-Kaabi confirms that Iraq has many opportunities to invest in oil with many major countries, similar to the agreement with China, which provides for obtaining oil in exchange for establishing projects for Iraq. In an interview with Al-Maalouma, he says,
“The Chinese agreement, which did not complete the agreement on all its aspects with Iraq, would have served the country a lot by pledging to build thousands of schools and residential complexes as well as state institutions according to development and modernity that has not entered Iraq so far.”
Al-Kaabi continues, “If Iraq takes such strategies and concludes agreements, the rise or fall of global oil prices in the future will not directly affect the work of Iraq’s future projects.”
https://almaalomah.me/news/politics/هل-ستنجو-الاتفاقية-العراقية-مع-الصين-من-المؤامرات-الخارجية
An Expert Explains The Reasons For The Increase In Central Bank Sales.. “The Solution To The Outlets”
September 11 19:04 information/special Today, Sunday, the economic expert, Nabil Al-Ali, explained the reasons for the increase in central bank sales, while the only solution to controlling currency smuggling is to control border crossings.
Al-Ali said in an interview with “Information”, that “the sums smuggled from the currency sale window are the sums sold by the Central Bank minus the real amounts of import, in addition to the amounts of private transfers.”
He added, “The increase in the Central Bank’s sales must be linked to one or more of the following reasons:
increased trade and import movement, capital flight, and organized smuggling by corrupt politicians in the presence of political conflict that reached the use of weapons.”
And regarding the solutions necessary to undermine corruption in the currency sale window, the expert explained that “the government does not have the authority over the central bank, even if it has the will,
because the central bank is an independent institution that is not under the control of the government,” noting that “the government can control the currency sale window through control.” on the ports.
He pointed out, “The presence of the window is necessary to feed the Iraqi market with dollars, and it may be possible to replace it with the other currency market, even if we will face other problems.”
Earlier, the independent deputy, Basem Khashan, confirmed in an interview with “The Information” that
“in the next few days, we will announce the papers and documents that prove the Central Bank’s violation of all legal and financial matters in the presence of the Financial Supervision Bureau,” adding that “the Central Bank does not sell The currency is now working to sell Iraq”
https://almaalomah.me/news/economy/خبير-يوضح-أسباب-ازدياد-مبيعات-البنك-المركزيالحل-بالمنافذ
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