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The Iraq Stock Exchange launches the guarantor bank service Yesterday, 11:34 Baghdad - INA - Mustafa Al-Hashemi launched the Iraq Stock Exchange, within its development plans, a modern technical service represented by the guarantor bank. The Executive Director of the market, Taha Ahmed Abdel Salam, said in a statement to the Iraqi News Agency (INA) that the market continues to provide services and any new development services, such as launching modern technical services such as the service of the guarantor bank during the year 2022. Abdel Salam pointed to the launch of the online trading service - for investors, as well as the continuation of developing laws and rules in accordance with international standards, in addition to encouraging the private sector to establish new joint stock companies in various economic sectors and attracting national and foreign capital. The activity of joint stock companies by the sectoral authorities and the evaluation of their implemented plans and their support by technical, legal and procedural means to achieve profits, and distribute profits to shareholders.

I would think has to be on forex very soon for this to take place?

Analysts expect the Iraq stock market to hit 13,000% it’s currently sitting at 486 points (fluctuating) big big boom coming!

Definitely trying to comfort foreign investors

The Colombo stock Market started off at 500 points and rose quickly to over 3000% with share prices increasing 250% following a 30 year civil war! It’s currently sitting at 5803 points. plenty of room for the Iraq ISX when it goes International!

High foreign reserves of the Central Bank of Iraq September 11, 2022

The World Bank is ready to support Baghdad in achieving economic reforms money and business https://economy-news.net/content.php?id=29654 Economy News _ Baghdad The Minister of Planning, Khaled Battal Al-Najm, received, on Sunday, the new Special Representative of the World Bank in Iraq, Richard Abdel Nour, and his accompanying delegation. During the meeting, according to a statement by the Ministry of Planning, they "discussed aspects of joint cooperation between the two sides in various economic and development issues, especially with regard to the mechanisms of work of the Recovery and Reconstruction Fund in Iraq and the Social Fund for Development." Al-Najm stressed, "Iraq's keenness, and its strong desire to strengthen relations with the World Bank, to serve the development of the country," noting that "all projects that are being implemented within the two funds should be among the priorities set by Iraq, according to the development gaps." For his part, Abdel Nour expressed, "the World Bank's readiness to provide more support to the efforts of the Ministry of Planning and the Iraqi government, in the field of supporting development and achieving economic reforms that Iraq needs, after the crises it has faced in recent years." 32. views Added 09/11/2022 - 6:06 PM Update 09/12/2022 - 7:03 AM

out of our control.....as we have known for years....best we can hope and pray for is 1:1

From WRAL-TV; Winning Powerball Numbers Saturday, September 10, 2022 38 42 56 68 69 PB 04 Power Player 2X Sorry; We had no winning matches tonight.

😳👍 Seems like the bank feels like there won't be many businesses failing in Iraq for the foreseeable future.. why else would a bank be taking all the risk? Wow

No Sir, with the articles, which I believe no change in the 1450. But they can slide that decimal over to the left 3 spots, to give the folks Purchasing Power.

Added @ 1:45 PM CDT: *** Militiaman Then we now see...if they are illegitimated then there is no need to return to Parliament, thus, they...would be automatically dissolved. By that, it is seemingly done already and we may just be waiting on a formal announcement...from Kahdimi. He will likely inform everyone about his position and declare a time frame for early elections. I like where we are and what we are seeing. With that done in accordance with the constitution, they'll have legitimacy in the eyes of the region and globally. [Post 2 of 2]

Parliament decision: a preliminary agreement to hold a session to elect the new president of Iraq after the forty 2022-09-10 11:41 Shafaq News/ The Rapporteur of the Iraqi Council of Representatives, Gharib Askar, stated on Saturday that there is a preliminary agreement between the Presidency of the House of Representatives and the political blocs to resume holding legislative sessions after the fortieth visit of Imam Hussein. In a statement to Shafaq News Agency, Askar said that the parliament will hold its session after the visit to elect the president of the republic and form the new federal government. He added that there are a lot of holiday laws that need to be read and discussed and will be voted on after the parliament sessions resume. The political scene in Iraq has undergone a dangerous turn since the supporters of the Sadrist movement led by the prominent Shiite cleric Muqtada al-Sadr stormed the parliament building in the fortified Green Zone in central Baghdad, and protested against Al-Sudani’s nomination for the position of prime minister of the next federal government, and withdrew from it by order of their leader after an armed clash With the security forces and elements of the armed factions. The Sadrist bloc had obtained the highest votes in the early legislative elections that took place in October of 2021, but the efforts of the leader of the current failed to form the new federal government due to the Shiite coordination framework standing in its way by obtaining a fatwa from the Federal Court with the so-called blocking third in a contract The session for electing the President of the Republic, which paves the way for naming the Prime Minister. The three-way alliance between the Kurdistan Democratic Party led by Masoud Barzani, the Sovereignty Alliance headed by Khamis al-Khanjar, and the Sadrist movement led by Muqtada al-Sadr was broken following the resignation of the Sadrist bloc's deputies, and the movement's withdrawal from the political process by order of al-Sadr. The political scene is living in a crisis situation and a dead end unprecedented in the history of Iraq, as more than 300 days have passed since the early elections without being able to form a new government in the country, and the survival of the caretaker government headed by Mustafa Al-Kazemi. On the tenth of last October, Iraq held early legislative elections to get out of a political crisis that swept the country after large demonstrations in the central and southern regions in 2019 in protest against the widespread unemployment in society, the spread of financial and administrative corruption in government departments and institutions, and the deteriorating reality The service and the livelihood, which prompted the former prime minister, Adel Abdul-Mahdi, to resign under popular pressure. As soon as the preliminary results of the elections were announced, the voices of political forces and actors rose in their rejection of losing many seats, accusing them of major fraud in the ballot, which was denied by the executive and judicial authorities, at a time when the United Nations and international organizations praised the integrity of the electoral process.

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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Mnt Goat The concern I have about all this confusion in Iraq is the part about the White Paper...They do not have any funding. They still have the corruption in place with the Iranian puppet politicians and they certainly do not have a functional government either to go forward with many of them...Basically, Iraq needs a functional government to move forward... So any talk about an RV...is all nonsense at this point... The best we can target is January 2023 as this is always on the radar of the CBI... *** Michael Cottrell [Q? : People have been asking for a good explanations on the tiers?] There are no tiers... There is no such thing as the Gold Treaty. .... everyone will receive their funds at the same time. *** Militiaman ...The court has made recommendation to dissolve parliament. They told us that since the HOR was in violation of exceeding the constitutional periods, (For over 10 months.) they would be illegitimate in anything they do except one item, and that is dissolution of the HOR. They mention there was an apparent agreement that took place behind closed doors and it was to dissolve parliament. [Post 1 of 2....stay tuned]

PB 09/12/2022 02-07-09-44-58 PB 13

6ly, was thinking how or why given its money (Iraq) is worth less than TP. I'm hoping this is a positive indicator to bring Iraq into economic reality and cause it to have to raise in value thereby improving the lot for its people. While I definitely want the benefit of a RV, the population deserves to become better off and realize decent welfare from health to home to better opportunities for its future. Maybe with improved financial strength for the common person, the hacks wanting war and its religious values won't have the same foothold. I do believe though this goes back to Abraham and Ishmael and that will never be settled until Christ's return. In the interim waiting, I still wish - pray for the people. They deserve better. Apologies for the epistle. 🥰

ULAIMANI (ESTA) — The Kurdistan Region insists to reject the Iraqi Federal Supreme Court ruling, deeming the Region’s oil business illegal said the Director of SOMO on Sunday. Head of Iraqi state-owned organization for marketing oil (SOMO) Alaa al-Yassiri told a semi-official newspaper that the Kurdistan Region is still insisting on not abiding by the Federal Court ruling. “The Region keep exporting oil illegally,” al-Yassiri said, adding, “We have no negotiation with the Region because they clearly reject the ruling.” Authorities in Iraq, Oil Ministry, have made fresh attempts since early 2022 to control the Kurdistan Region’s oil revenue, where they developing oil and gas resources independently of the federal government. In 2007 the Kurdistan Regional Government (KRG) enacted its own law that established the directives by which the region would administer them. In February, Iraq’s federal court deemed the oil and gas law regulating the oil industry in Kurdistan unconstitutional and demanded that the (KRG) hand over their crude supplies. But repeatedly rejected. Iraq has made several bids to enforce the February court ruling. It has summoned several firms operating in the Kurdistan region to commercial court sittings, which have been repeatedly postponed, and introduced a policy to blacklist oilfield service firms if they did not withdraw from the Kurdistan region. The latest blacklisted oilfield services firms include Weatherford International and Dubai-based OIL SERV, according to SOMO.

US Treasury to Recommend Issuing Digital Dollar if in National Interest: Source The Treasury Department, in what may be its most important recommendation spurred by President Joe Biden’s executive order on crypto, will suggest how to move forward on a CBDC. By Jesse Hamilton Sep 8, 2022 at 4:02 p.m. EDT Updated Sep 8, 2022 at 4:03 p.m. EDT The U.S. Department of the Treasury (Jesse Hamilton/CoinDesk) The U.S. Treasury Department will advise the federal government to press forward on work to issue a digital dollar, though it should only take the final step if there’s sign-off that the government-created tokens are in the “national interest,” according to a person familiar with a report emerging soon. The question of national interest will depend on further approval of the Biden administration and – potentially – action by Congress, said the person, who requested anonymity because the Treasury’s “Future of Money” report hasn’t yet been released. This national-interest decision is made murkier by the question of whether U.S. legislators need to pass a law to authorize the Federal Reserve to create a central bank digital currency (CBDC) – a question that may be answered soon in a separate analysis. President Joe Biden’s executive order this past March called for crypto recommendations from several corners of the federal government, and many of those reports have come due. The Treasury’s document on how to handle the question of a digital dollar – expected to be released in the coming days – is among the most eagerly awaited, because issuing such a token could upend the digital assets industry and have major implications for consumers’ relationships with traditional banks. A spokesman with the Treasury Department declined to comment on the report. Still, the final decision on issuing a CBDC belongs with the Fed board, and Chair Jerome Powell – along with other senior Fed officials – has repeatedly stated the central bank won’t move without support from the administration and Congress. So far, the Fed has been reticent to clarify what congressional approval needs to look like, despite Republicans’ best efforts to dig out a response. The Department of Justice may soon answer whether the project requires the backing of a new law when it issues its own crypto report. If Justice says the president is the only one who needs to decide whether a CBDC is in the country’s best interest, Powell and the board will have a choice to make: What signal of support do they need from Congress? While the “Future of Money” report won’t explicitly provide an administration endorsement for the digital dollar, it will suggest potential ideas for how it could be designed, the person said. It will also highlight work being done on a government real-time payments system expected to begin next year, which may take some pressure off the CBDC decision. Long-term project Though other nations – such as China – have moved ahead with CBDCs, President Biden hasn’t yet made his view known on whether he’d favor issuing a government token. Even if Biden, Congress and the Fed eventually decide to put out a digital dollar, it could take as much as five years to design and launch one, according to Fed Vice Chair Lael Brainard. That would give the crypto industry a long time to establish private stablecoins as an alternative for users. Fed officials have said they believe there would be room for the private sector to operate dollar-pegged cryptos alongside a public token. The industry inadvertently shoveled some fuel into the CBDC fire this year when one of the largest stablecoins – algorithmic terraUSD (UST) – imploded and sent damaging shockwaves through the rest of the crypto infrastructure. Since then, regulators and lawmakers have been wary of stablecoins, which are meant to be the steadiest part of the crypto market because of their ties to underlying assets such as the dollar. CBDCs have also been praised as a possible solution for widening financial access to consumers who don’t, or can’t, use banks. “Unlike private digital assets, a CBDC issued by the Federal Reserve would be backed by the full faith and credit of the U.S. government, like the dollar bills in our wallets,” said Rep. Maxine Waters, (D-Calif.), the chairwoman of the House Financial Services Committee, in a statement earlier this year. She said a digital dollar could “hold the promise of deepening financial inclusion for underserved communities as more economic activity moves online.” Fed officials have assured the wider financial industry that it would still have the role of managing customers’ digital dollars, and that the central bank wouldn’t have direct digital accounts for consumers. To date, Biden’s executive order has produced three reports – including one on Thursday that focused on crypto’s environmental record. That document made a splash because it called for environmental standards for the industry and suggested that a failure to improve could lead to recommendations that crypto’s proof-of-work mining be limited or even banned.

Me personally no but 533 other people have! How many people have been to the edge of the earth? Should be very simple to get there. Much easier than space……………..right?

white papers are irrelevant when theres a global crash and a reset back to the gold standard. as trump said some currencies will go up, some will go down and some will stay the same.

may get like china s exchange , not for usa , maybe there getting wise we hope and get away from the usa dollar and then wham bam thank you mam !

Oh my, what a day that would be! I really don’t know if that will ever happen but it surely will be good for a lot of people.

Central Bank of Iraq Announces Corrective Measures to Combat Money Laundering Central Bank of Iraq Announces Corrective Measures to Combat Money Laundering – Iraq News Network (aliraqnews.com) Last Update: 10 September 2022 - 10:39 am Baghdad/Iraq News Network - The Council for Combating Money Laundering and the Financing of Terrorism of the Central Bank, Saturday, confirmed that Iraq has taken a series of corrective measures for the anti-money laundering system, pointing out that the government measures contributed to the country's exit from the list of the European Union of high-risk countries.The Council said in a statement, "Iraq announces its readiness to start the process of mutual evaluation held by the Financial Action Task Force for the Middle East and North Africa, where the date of the field visit of experts has been set within the framework of The timetable prepared by the above group during August 2023." He added that "a meeting was held with high-level representation from all concerned parties in the AML/CFT system under the chairmanship of the Chairman of the Anti-Money Laundering and Combating the Financing of Terrorism Council and the Governor of the Central Bank, in addition to the support of the Prime Minister and the President of the Iraqi Judicial Council for this important file, with (Johar Al-Nafisi - Chairman of the Financial Action Task Force for the Middle East and North Africa / Menafatf) as well as (Silman Al-Jabrin - Executive Secretary of the Group), for the purpose of demonstrating the extent of Iraq's commitment to support the international assessment process of the Republic of Iraq in this regard. The side." He pointed out that "the President of the Council outlined an overview of the measures taken by Iraq during the previous period, which led to Iraq's official exit from the status of enhanced follow-up to the regular follow-up or the so-called (update every two years), and since the Republic of Iraq underwent the first joint evaluation process during 2012 to evaluate the system of combating money laundering and the financing of terrorism, which was working in accordance with the provisions of the Anti-Money Laundering Law No. 93 of 2004 (in force at the time and currently repealed), and based on For the results and outputs of the evaluation report submitted by the resident experts at the time, the Republic of Iraq was placed on the grey list as a result of identifying strategic shortcomings in that system, and as a result of which Iraq took a series of corrective measures to combat money laundering, the financing of terrorism and the proliferation of armaments to ensure its compliance with international standards and recommendations, in the light of the work plan and follow-up with the International Review Team of the Financial Action Task Force (FATF) in addition to some local requirements for the purpose of combating these crimes." He added that "these measures began with the issuance of the Law on Combating Money Laundering and the Financing of Terrorism No. 39 of 2015 in force, which is one of the latest laws in the region and complies with international standards, in addition to the issuance of many relevant regulations, instructions, controls, circulars and guidelines," noting that "the Republic of Iraq submitted to the general meetings of the group (9) reports during the period between 2013-2018, which included the intensive procedures and efforts made to meet the shortcomings diagnosed towards the system." He pointed out that "after discussing the above reports and completing the work plan and follow-up with the international review team with the FATF, these efforts and the field visit during June 2018 culminated in Iraq's official exit from the status of enhanced follow-up to the usual follow-up or the so-called (modernization every two years), especially after we have a solid legislative base and identified the regulatory and supervisory bodies for each of the sectors within that system, for the purpose of exercising their roles in monitoring and supervising the relevant activities and following up on the extent to which The compliance of the entities subject to their control and supervision with the above law and related controls, and how to tighten control in a way that contributes to the monitoring of suspicious financial activities and the reporting of them to the Office of Combating Money Laundering and the Financing of Terrorism on the one hand, and on the other hand the development of capabilities to enhance the increase in the number of suspicious reports submitted to the Public Prosecution and support the investigative and judicial bodies to prove suspicions of money laundering and the financing of terrorism or not." He pointed out that "work was done during the years 2019-2020 to take the necessary measures that prove the commitment of the Republic of Iraq to the forty recommendations issued by the FATF, which culminated during the beginning of 2022. Iraq is exiting the European Union's list of high-risk countries." He stressed that "then, to ensure compliance with the first of the recommendations and the importance of the subject, we worked to complete our procedures in the first national assessment of the risks of the AML/CFT system by reaching the identification of both (vulnerabilities and threats) at the various legislative and operational levels, and we did not stand there, but a corrective action plan and a prioritization were formulated in line with the results of the assessment and we will work to update our national strategy to combat money laundering and the financing of terrorism in the light of those results." He pointed out to the "Financial Action Task Force (MENAFATF) that the Anti-Money Laundering and Combating the Financing of Terrorism Council (as the national focal point) has been identified for the mutual evaluation process and there is full support by the Iraqi government, in addition to identifying the national coordinator and his replacement, and the technical team has been formed from all concerned parties and they have been granted all the powers and support to complete this project, where the team will work to meet all the requirements of mutual evaluation related to both sides (technical commitment and effectiveness evaluation) and prepare all logistical matters for the visit of the team Experts residing in Iraq during 2023 and pending discussion of the report in the plenary

The US ambassador to Iraq announces the launch of the second version of the “Absher” program 2022.09.10 - 19:17 Baghdad - people The United States Ambassador to Iraq, Alina Romanowski, announced the launch of a second version of the Absher program within the “Tahweez” project, funded by the United States Agency for International Development in Iraq (USAID), and implemented by the Mahatta Foundation for Entrepreneurship. This project aims to help 40 micro, small and medium enterprises (MSMEs) restore their original capacity after being affected by the COVID-19 pandemic. These companies will be selected from 6 Iraqi governorates (Baghdad, Mosul, Basra, Erbil, Anbar and Dohuk), which will help stabilize the Iraqi economy. The announcement came during a panel discussion for dignitaries at the station in Baghdad, attended by Assistant Secretary of State for Near Eastern Affairs - Barbara A. Leaf, Deputy Public Affairs Officer - Scott Bowles, Cultural Affairs Officer - Greg McElwain, and Director General of the USAID Stimulus Project - Dr. Susan Galbert, and a group of startups from the co-working space and the station's entrepreneurship programs to hear from them and discuss their innovative ideas, entrepreneurship landscape, challenges and needs. The Director General of the US Agency for International Development (USAID) Stimulus Project - Dr. Susan Galbert: "Part of what we're doing now with the station is working on the entrepreneurial ecosystem for entrepreneurs, who work within their communities. By making them stronger, we're making communities stronger." "We will make Iraq stronger as a country through economic opportunities, and then stronger as societies through various cohesion mechanisms to achieve stability," she added. The $125 million project (known in Arabic as "Tahfiz") helps strengthen the livelihoods of Iraq's most vulnerable communities through local private sector growth and job creation. Stimulus works with micro, small and medium enterprises (MSMEs) to support the development of local communities and business networks, identify barriers to growth and trade, and collectively advocate for policy change to improve the local business environment. In addition, the Marla Fund Incentive Project identifies and supports individuals eligible for support through entrepreneurship, business acceleration and enterprise growth services. “This renewed partnership between the plant and the United States Agency for International Development (USAID) aims to strengthen the capacity of micro, small and medium enterprises, this time across the country, and support them in their ability to scale their operations, which will help create new jobs. MSMEs have great potential for job creation, so the responsibility to support that as much as possible rests with the station.” Ashley Barlow, CEO of the station

To right. I know ours isn't perfect, however it's more in keeping with seating a government on time. Whomever thought it was a good idea to set up a Parliamentary type system for a people so he'll bent on arguing, multiple tribal & ethnic backgrounds & collectively disagreeable natures... Well, they set Iraq up for failure which begs the question, was this by design ? Our system, everyone shows up on time, THEN they commence to bickering & squabbling. Then there's the astonishing thousands of years culture of corruption. They're not alone in that department but DANG, they've cultivated that into an art form. The evidence of how ruinous & catastrophic this social & political mindset is to Iraq is sadly all to obvious.

I don’t think this form of government works for these people…..

If this administration is able to push through a digital dollar as the sole system.......The citizens of this great Country are so s*rewed forget about it. For my own sanity...I have to believe it won't happen.

Are they international? Where has that been confirmed?

The Central Bank of Iraq's sales crossed the $1 billion mark last week 09.11.2022 - 08:53 Baghdad - people The Central Bank of Iraq's sales of hard currency reached for the US dollar through Last week more than a billion dollar. And according to the official newspaper, which was followed by “Nass”, (September 11, 2022), the Central Bank sold out during the week past for the five days that Opening of the auction and starting from today Sunday to Thursday amount 1One billion and 150 million and 204 thousand and 624 dollars, at a daily rate of 230One million and 40 thousand and 924 dollars, down by 5.7% from the week before. It was the highest dollar sales During the last week of the day Thursday when I reached it Sales: 240 million and 58 thousand and $250, while it was less Monday's sales amounted to In which sales 201 million and 113 One thousand and 441 dollars. Most of those sales are gone In the form of remittances abroad to finance foreign trade, While the selling price of the dollar reached Transferor to bank accounts Abroad, in addition to the cash sale, 1460 dinars per dollar.