Delete zeros and evaluate the dinar
11/18/2024
In a newspaper column a while ago, we explained the concept of deleting zeros, and today we are talking about the concept of currency revaluation, which means a calculated upward adjustment of a country’s official exchange rate relative to a chosen baseline, which can include (wage rates, the price of gold, or a specific foreign currency), and revaluation is the opposite of Read more…
Legal leader: America will not leave Iraq except by force
11-18-2024
Information / Baghdad..
The leader of the State of Law Coalition, Haider Al-Lami, confirmed today, Monday, that America will not leave Iraq except by force.
Al-Lami said in an interview with Read more…
Israel threatens to target infrastructure in Iraq and assassinate “prominent figures”
2024-11-18
Shafaq News/ Israel accused Iran, in a press report quoting intelligence sources published on Monday, of smuggling ballistic missiles into Iraq, while threatening to target infrastructure and assassinate figures it described as “prominent” in the Iraqi factions.
The Israeli newspaper Maariv said in a report today that Iran is smuggling Read more…
Parliamentary regions: Article 140 road is closed
2024-11-18 01:38
Shafaq News/ The Deputy Chairman of the Regions and Governorates Committee in the Iraqi Parliament, Jawad Al-Yasari, stated that the implementation of Article 140 of the Iraqi Constitution faces great difficulties, pointing out that its implementation caused problems in several governorates as a result of Read more…
Iraq declares state of alert (C) during census curfew, identifies exempted categories
2024-11-18 02:49
Shafaq News/ The Supreme Security Committee for the Population Census announced, on Monday, a state of alert (C) for the Iraqi security and military forces during the census curfew scheduled to be implemented on Wednesday and Thursday.
The committee said in a statement Read more…
Iraqi Dinar Guru opinions 11-17-2024
11-17-2024 Intel Guru Frank26 [JP Morgan Bank story] …I was ecstatic, I talked to Vice President of Wealth Management at JP Morgan. The Vice President told me in his office they will 100% most definitely come to the house with security guards and take me to the bank if I need. They will provide a shuttle because at that point you’re walking with money that’s worth an ungodly amount… They told me when the time comes they would be able to provide an escort with people to take me to and from so I can conduct my business before or after hours… Read more…
Iraqi Dinar/US Dollar auction results for today 11-17-2024
Foreign currency sales window results for Sunday 11/17/2024
Advertisement No. (5246 ) Read more…
Economist: Iraq suffered financial damage immediately after implementing the oil production cut agreement
11-17-2024
Information/Special..
Economic expert Abdul Rahman Al-Mashhadani confirmed today, Sunday, that Iraq was harmed by the start of implementing the agreement to reduce oil production and exports within the “OPEC Plus” group.
Al-Mashhadani said in an interview Read more…
Al-Zubaidi: The government changed its position towards Trump regarding the arrest warrant
11-17-2024
Information/Baghdad…
Al-Fatah Alliance member Ali Al-Zubaidi confirmed on Sunday that the federal government has changed its positions towards US President Donald Trump and has worked to lift the arrest warrant issued by the Iraqi judiciary regarding Read more…
Can the population census succeed in drawing a new economic policy in Iraq?
11-17-2024
Information/Report..
The Iraqi government is preparing to conduct a general population census on November 20, the first census to include all regions of Iraq in nearly 4 decades.
Iraq witnessed the last general population census that included all its governorates in Read more…
30 American companies arrive in Kurdistan.. The region signs an agreement to enhance trade and investment
2024-11-17 04:13
Shafaq News/ The Kurdistan Region Investment Board announced on Sunday the signing of an agreement between local and American companies to enhance coordination in the fields of trade and investment, during a visit by a delegation of 30 American companies Read more…
Economist: Re-exporting Kurdistan oil will cause Iraq to lose $5 billion and a budget deficit
2024-11-17
Economic expert Nabil Al-Marsoumi confirmed Saturday (November 16, 2024), that re-exporting Kurdistan oil will cause Iraq to lose $5 billion, while pointing out that it causes a budget deficit.
“APIKUR welcomed the proposal to amend Article 12 of the budget law, but believes Read more…
Iraqi Dinar Guru opinions 11-16-2024
11-16-2024 Intel Guru Frank26 All they talked about this week was the HCL. As you know the HCL cannot be with a program rate. It has to be with the new exchange rate. I’ve always said to you IMO the moment you see the HCL, nanoseconds later you’ll see the new exchange rate. You’re about to see the HCL because they’re telling you this… Read more…
Al-Bandawi: Iraq is moving towards full sovereignty with America’s commitment to withdraw its forces
2024/11/16
Member of the Parliamentary Security and Defense Committee, Ali Al Bandawi, said that Iraq is taking steps towards full sovereignty with the commitment of the United States of America to withdraw its forces.
Al-Bandawi told {Euphrates News} that: “Regarding the agreement between Iraq Read more…
Al-Shammari: 60% of Al-Sudani’s cabinet is unqualified and failed to implement the government program
11-16-2024
Information / Baghdad..
The head of the Iraqi Center for Political Thought, Ihsan Al-Shammari, confirmed Thursday, that 60% of the government cabinet is unqualified and has failed to implement the government program.
Al-Shammari said in an interview with Al-Maalouma Agency, “The government program stipulated allowing the Prime Minister space to re-evaluate Read more…
Expert: Census results will help prepare next year’s budget tables
11-16-2024
Information / Special..
Economic expert, Dhurgham Muhammad, confirmed on Saturday that the results of the general population census will help the government reach a realistic formula and vision during the preparation and amendment of next year’s budget schedules, while he pointed out the necessity of Read more…
Al-Alaq: 90% of Iraqi housing projects are funded by the Central Bank with 13 trillion dinars
2024-11-16 00:32
Shafaq News/ The Governor of the Central Bank of Iraq, Ali Al-Alaq, confirmed on Saturday that 90% of housing projects in Iraq are financed by the bank, and have led to the activation of economic activity in the country, noting that the financing of housing, commercial and investment loans has reached Read more…
Central Bank of Iraq sales exceed $1 billion in five days
2024-11-16 03:31
Shafaq News/ The total sales of the Central Bank of Iraq of hard currency (US dollar) during the past week amounted to more than one billion dollars, as the auction was opened for five days.
According to Shafaq News Agency correspondent, the Central Bank Read more…
Al-Maliki Coalition: US pressures prevent Israel from striking Iraq
2024-11-16 02:13
Shafaq News/ The State of Law Coalition, led by Nouri al-Maliki, revealed today, Saturday, that there is American pressure being exerted on Israel in order to prevent it from carrying out any strikes against Iraq.
The leader of the coalition, Read more…
Iraqi Dinar Guru opinions 11-15-2024
11-15-2024 Newshound/Intel Guru Mnt Goat …my CBI contact told me they almost must reinstate the dinar at about the same time or very shortly after…they end the currency auctions in Iraq…at the end of this year. This is why this move to end the currency auctions is so important to us investors. Remember also that the CBI will be no longer taking dollars from the oil revenues to pay for imports. If this is the case don’t you think the dinar must have some substantial value? Read more…