Douglas Silliman reveals the secrets of the Iraqi delegation's visit to Washington and makes recommendations regarding the dollar

[southbeach]

8 hours ago, HowieC said:

Not buying the PM and big cheese delegation traveling to Washington for 1450.. 

 

[6ly410]

1 minute ago, southbeach said:

 

 

[screwball]

Well how will reset factor into their plans…pay attention to the National debt clock - USD…the USD ratio against gold, silver and oil are all at zero? Hmmmm wonder why?

Edited January 28, 2023 by screwball

[3n1]

4 hours ago, screwball said:

Well how will reset factor into their plans…pay attention to the National debt clock - USD…the USD ratio against gold, silver and oil are all at zero? Hmmmm wonder why?

 

reset ... national debt clock,ratio's at zero..im not a finance person can you break that down a little further when i try to figure what those terms mean i get easily confused to the meaning and how it relates to dinar speculators . thanks

[yota691]

We will negotiate with Washington.. Al-Sudani acknowledges the existence of a rise in prices and confirms: Our financial situation is the best since 2003

• SAT, 01-28-2023, PM 2:06
•  
• KARRAR AL-ASADI
•  
• 233

http://non14.net/public/images/large/8-1674903996.jpg

The Prime Minister, Muhammad Shia' al-Sudani, acknowledged the existence of a rise in prices, indicating that the window for selling the currency "distorted" the financial and banking systems in Iraq, stressing that our financial situation is the best since 2003.

In an interview with France 24, Al-Sudani said, "There is a rise in prices as a result of fluctuations in the exchange rate of the dollar, but overall our financial situation is the best since 2003. We have continuous oil revenues and food stocks."

He added, "We have important procedures and decisions that contribute to achieving structural economic reform in the financial and banking system, which witnessed distorted trade over the past years through the currency sale window."

Al-Sudani added, "There are question marks that these standards are to be applied at this time or at this point in time from a 3-month-old government, while they were absent for years in previous governments. The sale of dollars exceeded $300 million per day, in non-trade." Legitimate, money comes out under the headings of smuggling and money laundering.

Prime Minister Muhammad Shia al-Sudani said, "A delegation headed by the Minister of Foreign Affairs and a group of specialists will visit Washington, bringing with it several files. One of these files will be dealt with with the US Federal Bank and the Treasury Department, to find out the repercussions of applying the standards set by the US Treasury in a way that guarantees the desired goal." from all sides."

[6ly410]

 

Parliamentary source: Sudanese requested French mediation to determine a visit soon to Washington

2023.01.28 - 21:28

Parliamentary source: Sudanese requested French mediation to determine a visit soon to Washington (nasnews.com)

 

  

Baghdad - Nas  

A parliamentary source revealed on Saturday a request made by Prime Minister Mohammed Shia al-Sudani to mediate with Paris in determining a visit to Washington.  

  

  

Al-Akhbar newspaper, which is close to the Lebanese Hezbollah, quoted the parliamentary source (January 28, 2023) as saying, "Al-Sudani is expected to culminate in his tours with a trip to Washington, during which many differences are expected to be resolved, after the United States announced its support for his government at first, and then raised many questions about this support by imposing restrictions on dollar transfers from them to Iraq.  

  

A high-level source in the House of Representatives confirmed to Al-Akhbar, "Sudan's intention to request French mediation in order to set a date for a visit soon to Washington, to discuss the dollar crisis and US restrictions on remittances."  

  

[southbeach]

We do so own them, so to speak.  

[yota691]

Minister of Electricity: We will sign an agreement with the American company "GE" in the coming days

 

Reconstruction and building
   

Economy News - Baghdad
On Sunday, Minister of Electricity Ziyad Ali Fadel announced the intention to sign contracts for electric power with the American company, GE.

 

In an interview with the official news agency, Fadel said, "A number of major international companies participated in the exhibition, including the German companies Siemens and the American J."

 

He added, "We went to the government to conclude long-term agreements and contracts to rehabilitate and maintain the units directly with the manufacturers," adding, "We signed an agreement with Siemens, and we will sign another agreement with the American G company in the coming days."

 

He pointed out that "our contracts are ready for the maintenance of generating units with major companies for a period of 5 years," explaining that "there are a group of projects to increase production during the next three years."

 

He stressed that "the current year is very important, because it will witness work on investing associated gas to support the production sector, and this requires great work," noting that "this was included in the agreements with Siemens and G."

 

And he indicated, "There is a clear trend towards clean energies," explaining: "We need to reduce the costs of energy production by reducing the use of fuel, and this is what we depend on in the next stage by implementing solar energy projects."

 

---

Views 3

Added 01/29/2023 - 5:43 PM

Updated 01/29/2023 - 5:48 PM

[yota691]

Foreign Minister: The US dollar was fleeing from the Iraqi market

 4 hours ago

632

 

Foreign Minister Fuad Hussein confirmed that the US dollar was fleeing from the Iraqi market.

Hussein said in statements to Al-Arabiya TV, "The US dollar was fleeing from the Iraqi market. The US Federal Bank's actions affected the dollar crisis."

He added, "We need the United States and work with it, and there are no combat forces in Iraq, and the role of the coalition forces has turned into an advisory one."

He continued, "Our relationship has become strong with Saudi Arabia, and we will discuss joint committees. We need regional and Gulf countries, and we are not on an isolated island, and our lands cannot be used to encroach on neighboring countries."

And he indicated that "our national interest is what determines the policy of relations with others. Iran has changed the course of water from Iraq and Turkey is paying a small share of water to our country, and the crisis must be ended."

He concluded, "The dialogue between Iran and Saudi Arabia concerns the two countries. The territory of Iraq should not be a starting point for any attack on the countries of the region. The tension between America and Iran affects us and we need to reduce it," noting that "the prime minister's visit to Washington is not on the table now."

[6ly410]

Lebanese newspaper: Sudanese requests French mediation to visit Washington!

politics ,  2023/01/29 09:12, 

Iraq Today (iraqtoday-com.translate.goog)

 

Baghdad - Iraq Today:
A parliamentary source revealed a request made by Prime Minister Mohammed Shia Al-Sudani to mediate with Paris in determining a visit to Washington.
Al-Akhbar newspaper, which is close to the Lebanese Hezbollah, quoted the parliamentary source as saying, "The Sudanese is expected to crown his tours with a trip to Washington, during which many differences are expected to be resolved, after the United States announced its support for his government at first, and then raised many questions about this support by imposing restrictions on dollar transfers from them to Iraq.

A high-level source in the House of Representatives confirmed to the newspaper, “Sudan's intention to request French mediation in order to set a date for a visit soon to Washington, to discuss the dollar crisis and US restrictions on remittances.

 

[6ly410]

Al-Baldawi: The dollar will be among the priorities of Al-Sudani's upcoming visit to Washington

Sunday 29 January 2023 23:51 | politicalNumber of readings: 45

Al-Baldawi: The dollar will be among the priorities of Sudan's upcoming visit to Washington (ninanews-com.translate.goog)

Baghdad / NINA / - The spokesman for the Al-Sadiqun Bloc, Muhammad Al-Baldawi, confirmed that the dollar will be among the priorities of Al-Sudani's upcoming visit to America, while he indicated that there are illegal speculations in the Iraqi market.

Al-Baldawi said, today, Sunday, in a televised statement that "the US federal intervention is one of the reasons for the high price of the dollar," noting that "there is illegal speculation in the Iraqi market."

He added, "A committee in Al-Sudani's office worked to find technical solutions to the dollar crisis, and it is communicating with Washington to address the dollar file."

Al-Baldawi added, "The dollar will be among the priorities of Al-Sudani's upcoming visit to America," stressing that "the current American policy is not justified and was not practiced during the era of previous governments."

He pointed out that "the Iraqi dinar is strong, and we have a large store of currency and government transactions that began a month ago to end the repercussions of the dollar crisis," stressing that "the Iraqi negotiating team is flexible and provides all treatments for the dollar file." 
 

[6ly410]

 

[mally2]

So there is for sure a delegation visiting Washington to talk about the dinar rate on Feb 7th. What is in debate it seems is whether or not Sudani is going? Im thinking next week we'll get some answers and Sudani will be in DC. 

[markb57]

Iraq needs to go international and stand on its on. Quit begging other countries for handouts. They're just mad the US said to stop using the dollar.

[6ly410]

Baghdad is moving towards Washington to decipher the "code" of the dollar.. Will the visit achieve the desired goal?

• Jan 30 19:58

Information / special. 

Despite the many measures used by the current government to control the currency crisis internally, starting with changing the governor of the central bank and opening wholesale outlets to sell dollars for real purposes and not "fake" such as travel and treatment outside Iraq, these measures did not reach what is required.

After the Prime Minister, Muhammad Shia al-Sudanese, realized well that the dollar crisis is not related to internal issues only, but that the solution is in Washington, especially as it is the main factor in the crisis of the dollar's rise in the local markets, which prompted him to set a date to pack the luggage and go towards the first cause of the crisis. economic.

Today, Monday, the exchange rates of the dollar recorded a new high in the local markets, as 100 US dollars recorded about 166,000 dinars, despite government measures to try to control the crisis.

During yesterday's meeting of the coordination framework, an informed source revealed the outcomes of the meeting, while confirming that the meeting discussed the most important issue of the dollar.

The source told Al-Maalouma, "Yesterday's meeting of the leaders of the coordination framework, in the presence of Prime Minister Muhammad Shia'a Al-Sudani, witnessed a discussion of many files, the most prominent of which was the dollar crisis and an attempt to find real solutions to this file.”

He added, "The leaders agreed that a government delegation would go to America to discuss the dollar crisis exclusively and try to reach results capable of finding real solutions," noting that "the Sudanese realized very well that the dollar crisis cannot be resolved through internal solutions only, but rather he must go towards the cause. President in crisis.

For his part, the former member of the House of Representatives, Jassem Al-Bayati, revealed the details of the visit of the government delegation to Washington, stressing that the visitor will not witness the visit of Al-Sudanese accompanied by the delegation.

Al-Bayati mentioned, in an interview with Al-Maalouma, that "a government delegation will travel to America on the seventh day during the month of February next," pointing out that "the delegation will be represented by the Minister of Finance, Taif Sami, the Minister of Foreign Affairs, Fouad Hussein, the director of the TBI Bank, in addition to the governor of the Central Bank.” without the presence of Prime Minister Muhammad al-Sudani.

He points out, "The visit to America will discuss the dollar crisis exclusively," stressing that "the crisis is not that easy, given that it has certain administrative and technical consequences two years ago, and the political side entered it amid certain pressures. "

The leader in Al-Maliki's coalition expects that "this visit will not solve the problem of the high dollar prices in Iraq, but it may open another way to return to using the old system to distribute cash dollars for a specific period, such as 3 or 6 months, and then return to digital platforms.

Al-Bayati shows that "the competent authorities are unable to organize this platform within a period of 6-9 months, given that the system and system followed by capable and importing companies cannot be identical with the digital system."

In addition, the leader of Maliki's coalition, Fadel Mawat, made an important request to the Sudanese to solve the dollar crisis, while stressing that America is trying to dominate the economy card after its failure in the soft war against Iraq.

Mawat said in an interview with Al-Maalouma agency that "the government, if it wants to control the rise in dollar prices, is required to disclose the officials affiliated with America within the Iraqi government, and to dismiss them," pointing out that " they receive their orders from Washington.

He points out, "These officials are present within the Central Bank of Iraq and the Ministry of Finance," noting that "the government is required to take strong decisions against them in order to control the dollar crisis."

Fadel asserts that "there is weakness in the administration of the state at the present time," pointing out that "America has changed its sights towards the economy card after its failure in the soft war against Iraq."

Negotiating with America to solve most specific issues requires real will and courage on the part of the government delegation, and not obeying American orders to achieve the desired goal. On the new government. Ended / 25 r.p

https://almaalomah-me.translate.goog/news/politics/بغداد-تتحرك-نحو-واشنطن-لفك-شيفرة-الدولار-هل-تحقق-الزيارة-اله?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp

[southbeach]

If I didn’t know better I’d say the US is forcing an rv but cutting Iraq off of the dollar per the Rothchilds, JPMorgans direction.  Hey, anything’s possible at this point right?

[horsesoldier]

These Criminals are slick. More rabbit holes, deflections and some point " soon "excuses and postponement announcements looking forward to " next year "

Leaves alot of time to plan 2024 shenanigans.

[screwball]

2 hours ago, southbeach said:

If I didn’t know better I’d say the US is forcing an rv but cutting Iraq off of the dollar per the Rothchilds, JPMorgans direction.  Hey, anything’s possible at this point right?

100% thats whats its about....cut of all funding of DS .....

[screwball]

On 1/30/2023 at 12:34 AM, yota691 said:

noting that "the prime minister's visit to Washington is not on the table now."

interesting......is it on or off

[6ly410]

 

With the participation of the Department of the Treasury

A meeting of the Iraqi Central Bank with its American counterpart to discuss the dollar after two days

2023.01.31 - 12:50

A meeting of the Iraqi Central Bank with its American counterpart to discuss the dollar after two days (nasnews.com)

 

Baghdad - Nas  

A delegation from the Central Bank of Iraq will meet with representatives of the Federal Reserve Bank and the US Department of the Treasury on February 2, 2023 to discuss the issue of the devaluation of the Iraqi dinar against the dollar, according to Al-Alaq's assurances to the Parliamentary Finance.   

  

  

Dr. Nermin Maarouf, a member of the Finance Committee in the House of Representatives, said after the committee's meeting with the Governor of the Central Bank in a statement confirmed to NAS (January 31, 2023) that the Governor informed them that he would meet with representatives of the Federal Reserve Bank and the US Treasury Department in Istanbul on February 2 to discuss the issue of the devaluation of the dinar against the dollar and the steps to be taken in this regard.   

  

The deputy quoted the governor of the central bank that in the meeting with officials of the Federal Bank and the Treasury Department, they will explain that the measures they have taken to sell the dollar have had a great impact and demand that they be scheduled step by step.   

  

The finance committee member said the central bank governor told them they would visit the United States on Feb. 8 and 9 to discuss the same issue.  

  

"Central bank officials have confirmed that they will take further measures to sell dollars, increase sales gates, and help small traders and businesses obtain dollars for commercial purposes," she said.   

  

 

[yota691]

With the participation of the Treasury 

A meeting of the Iraqi Central Bank with its American counterpart to discuss the dollar after two days

2023.01.31 - 12:50

 

Baghdad - people  

A delegation from the Central Bank of Iraq will meet with representatives of the Federal Reserve Bank and the US Treasury on February 2, 2023 to discuss the issue of the depreciation of the Iraqi dinar against the dollar, according to Al-Alaq’s assurances to Parliamentary Finance.   

  

 

  

  

Dr. said. Nermin Maarouf, a member of the Finance Committee in the House of Representatives, after the committee’s meeting with the governor of the Central Bank, in a statement she confirmed to “NAS” (January 31, 2023) that the governor informed them that he would meet with representatives of the Federal Reserve Bank and the US Treasury Department in Istanbul on February 2 to discuss the issue. The depreciation of the dinar against the dollar and the steps to be taken in this regard.   

  

The deputy quoted the central bank governor as saying that in the meeting with officials of the Federal Bank and the Treasury, they will make it clear that the measures they took to sell the dollar had a great impact, and they demand that they be scheduled step by step.   

  

A member of the Finance Committee said that the governor of the Central Bank informed them that they would visit the United States on February 8 and 9 to discuss the same issue.  

  

And she explained, "Central Bank officials confirmed that they will take other measures to sell dollars, increase sales gates, and help small traders and companies obtain dollars for commercial purposes."   

[yota691]

Central Bank Governor: We will issue decisions to reduce the dollar and two meetings with the American side within two days

• Time: 01/31/2023 13:56:40
•  
• Read: 2,483 times

  

{Economic: Al Furat News} The agency governor of the Central Bank of Iraq, Ali Al-Alaq, revealed the imminent issuance of decisions to reduce the exchange rate of the dollar, which today reached 1670 dinars in the local markets.

A member of the Parliamentary Economy Committee, Barbar Rashid, told the {Euphrates News} agency, "The presence of the governor of the Central Bank to the House of Representatives today to discuss the issue of the rise in the exchange rates of the dollar, as Al-Alaq confirmed that decisions will be issued that are sufficient to reduce the exchange rate."
Rashid added that Al-Alaq "revealed a meeting with the US side in Turkey during the next two days and another meeting on the ninth of next March with the US Federal Bank in Washington."
A member of the Parliamentary Economy Committee expected, "a drop in the exchange rate of the dollar in the coming days, after a series of measures implemented by the government and the central bank."

Raghad Daham

[6ly410]

The Governor of the Central Bank of Iraq reveals the agenda of the upcoming meeting with the US Federal Reserve

2023.01.31 - 16:17

The Governor of the Central Bank of Iraq reveals the agenda of the upcoming meeting with the US Federal Reserve (nasnews.com)

like 0 

  

Baghdad – Nas  

Central Bank Governor Ali Al-Alaq revealed on Tuesday the agenda of the upcoming meeting with the US Federal Bank, during the meeting with the Finance Committee.  

  

  

  

In a statement to NAS (January 31, 2023), a member of the Parliamentary Finance Committee, quoted the Governor of the Central Bank as saying: "The upcoming meeting on February 2 is periodic for banks that deal with the US Federal Reserve, and the Central Bank of Iraq is trying to take advantage of the opportunity to raise the dollar problem."  

  

According to Maarouf, the governor promised to "expand the outlets for selling dollars to include students studying abroad and those who owe the dollar installment for housing projects and other legitimate disbursements."  

  

"The bank is facing a shortage of dinars as a result of the lack of selling dollars now, and if the crisis continues, the bank will be forced to print currency, and this will have a negative impact on prices, and this is an incentive for the Central Bank to move quickly," concluded the member of the Finance Committee.  

  

Earlier, Maarouf said, "The governor informed them that he will meet with representatives of the Federal Reserve Bank and the US Treasury Department in Istanbul on February 2 to discuss the subject of the devaluation of the dinar against the dollar and the steps to be taken in this regard."   

  

The deputy quoted the governor of the central bank that in the meeting with officials of the Federal Bank and the Treasury Department, they will explain that the measures they have taken to sell the dollar have had a great impact and demand that they be scheduled step by step.   

  

The finance committee member said the central bank governor told them they would visit the United States on Feb. 8 and 9 to discuss the same issue.   

  

"Central bank officials have confirmed that they will take further measures to sell dollars, increase sales gates, and help small traders and businesses obtain dollars for commercial purposes," she said.   

  

Earlier, the managing director of the International Islamic Bank, Suha Al-Kafaei, revealed the results of the central bank's meeting with a number of banks, in what indicated the agreement to adopt the exchange rate of 1465 dinars.  

  

Al-Kafai said in a statement received by NAS (January 31, 2023), that "the Chairman of the Board of Directors and the Managing Director of the International Islamic Bank attended the meeting today, Tuesday, 31/1/2023, with the Deputy Governor of the Central Bank and the Advisor, in the presence of the General Directors and twelve other government banks, four and eight invited private banks."   

  

She added that "the instructions that will be issued soon were consulted on the ceilings of remittances, the mechanism of credits, and the simplification of procedures in order to facilitate international trade services for traders of all kinds (individuals and companies) and the launch of credits and transfers according to specific ceilings in a way that regulates the new banking work for the next stage and the approval of depositing the trader in dinars to his bank account and receiving dollars according to the bank address (open number) in favor of the bank account in the country from which he imported."   

  

"In order to achieve a set of goals, foremost of which is not to raise prices on goods and commodities as a result of the adoption of the exchange rate 1465," she said.   

[dinarham]

First they say that there's too much dinar out there to rv , now they're saying that there's not enough dinar.

[JonnyV]

27 minutes ago, dinarham said:

First they say that there's too much dinar out there to rv , now they're saying that there's not enough dinar.

 

Not only that but saying adopting the exchange rate of 1465.  Why all this nonsense to go to 1465?