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Mary B

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Mary B last won the day on October 12 2020

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  1. A banknote of fifty Iraqi dinars must be printed Asaad Abdullah Abd Ali2352023-05-21 Asaad Abdullah Abd Ali || It was necessary to print currencies in denominations less than two hundred and fifty dinars, which is considered the lowest currency, in order for the prices of simple needs, such as vegetables, transportation wages, and market goods prices to fall, and these matters are very important to society, because as long as the lowest denomination is two hundred and fifty, this means that it cannot go down And the prices are even lower! This is an economic problem that needed a simple political decision, which is the tendency to print denominations less than two hundred and fifty dinars, for example, a hundred dinars denomination, and a fifty dinars denomination currency, as part of a first step. And it can be enforced by the government, for example entering museums, stadiums, halls, and government transportation fees become less than two hundred and fifty dinars, so that the use of the lowest currencies becomes possible. • Impact on transportation fares If the denomination is printed as one hundred dinars, for example, and the fare for government transportation in (government buses) becomes only one hundred dinars, in support of students, workers, the poor, and employees, then the citizen will feel that his state cares about him and is looking for solutions to his problems. This feeling is important to spread among the people, and in these measures an investigation Some justice is absent, and the solution to the suffering of more limited-income people is higher transportation fares, and every period transportation prices jump, and if there were fewer categories than the two hundred and fifty, the height jumps would be less, so we ask the decision-makers to study the matter carefully and work in two parts.. namely: The first: reducing transportation costs. Second: relying on a local currency of a lower denomination. • Impact on food prices The printing of small currency denominations contributes to reducing food prices, as prices are now confined to a certain price because the lowest existing denomination is (250 dinars), but if it crumbles and prints less denominations, for example (100 dinars) and (50 dinars), then there may be a decrease For food prices, for example, the price of a kilo of potatoes does not jump directly from (750 dinars) to (1000 dinars) according to the current situation. Rather, it can rise to (800 dinars or 850 dinars) due to the availability of currencies of multiple small denominations. This is an important aspect that benefits society, especially those with limited income. And the poor. Therefore, the decision makers who are looking for a solution to the economic crises must hasten to find a solution that is beneficial to large segments of the people. • finally: The issue is very important to create a different economic reality for the downtrodden groups, and it requires intense care of the idea by the responsible authorities. We hope that economists and elites will raise their voices in the direction of this idea, and form pressure through invitations and writings, which will contribute to solving the economic problems of society.
  2. The strategic agreement and the international chapter VII allow Iraq to request assistance from America regarding the rise in the dollar January 29, 2023 Baghdad / Obelisk: The legal expert, Ali Al-Tamimi, spoke on Saturday, January 28, 2023, about legally resolving the problem of the high exchange rate of the dollar. Al-Tamimi said, in a statement to Al-Masalla, that the US federal measures led to an increase in the price of the dollar, and this affected the economic security in the country, indicating that the current government can request from the United States of America, according to Article 27 of the strategic agreement between Iraq and America for the year 2008, to request economic assistance. Attached to this are the measures taken by the new government in terms of investigation and administrative replacement of the Central Bank Governorate. He added that Article 50 of the Charter of the United Nations allows countries that fight organizations placed under Chapter VII to request economic assistance from the Security Council, noting that the ISIS file falls under Chapter VII according to Security Council Resolution 2170 of 2014 … and countries such as Britain and France have expressed their willingness to help Iraq. In Iraq, the Iraqi dinar fell against the high exchange rate of the dollar. The rise in dollar prices disrupted the commercial movement in the local markets, which contributed to the rise in food and consumer prices, especially in the wholesale markets. The Iraqi government tried to control this rise and launched a series of measures, including facilitating the financing of private sector trade in dollars through Iraqi banks, and opening outlets for selling foreign currency in government banks to the public for travel purposes. The writer, Adnan Abu Zeid, attributes the currency collapse to political factors, saying: Every political system has its price in dollars, and every regional role has its price. And he added: Bowing down is not promised by wars and sieges, but rather by humiliating the currency. And he considered that the currencies of the Gulf are high, not because of oil, but because they are a close friend of the dollar. And Bloomberg newspaper said in a report that the Federal Reserve knows how to raise interest rates, so that the dollar escapes from the rioting countries, and its currency falls to the bottom.
  3. Government movement to complete the requirements for Iraq's accession to the World Trade Organization money and business Economy News - Baghdad On Wednesday, the Ministry of Commerce detailed its plan to complete the requirements for Iraq's accession to the World Trade Organization. The media center in the ministry stated to the official news agency, "The committee concerned with Iraq's accession to the World Trade Organization, headed by the Minister of Commerce and membership of representatives of ministries and agencies as well as representatives from the private sector, is working to complete the requirements for Iraq's accession to the organization." He explained, "The ministry's plan during the current year includes completing technical accession files in terms of goods, services and intellectual property, in addition to harmonizing legislation and laws with the agreements of the multilateral organization." He pointed out that "the plan includes holding official meetings in the organization in Geneva, and that there be high coordination with the member states that carry economic weight in the organization to mobilize support and speed up accession procedures and make Iraq an active member and partner in making economic decisions and drawing trade policies that enhance Iraq's integration into the International Economy". He pointed out that "the Minister of Trade confirmed - within the prepared plan - the preparation of the Iraqi negotiating team, which will engage in negotiating rounds with the member states of the organization by strengthening the negotiating capabilities of the members and benefiting from the experiences of the countries." Views 58 Added 01/04/2023 - 3:56 PM Updated 01/04/2023 - 5:04 PM
  4. it would be ashame to have a Ri and have the dems spend it all
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