TNT:
CandyKisses: The team accompanying the Sudanese in Washington: America will hand over to Iraq the antiquities looted in 2003
Mawazine News – Baghdad
Team member confirmed Accompanying Prime Minister in Washington Aideh Al-Hilali, that America will hand over Iraq antiquities which was looted in 2003.
Al-Hilali said, in A televised interview followed by Mawazine News that "the agreements signed by the Prime Minister Mohammed Shia Al-Sudani, with the United States of America during his visit to Washington was at a high level of importance that serves Iraqi interests."
He added that "Iraq plays an important role politically and economically in the region and can play an important role To make calm in the region and bring points of view closer, especially that the region is living in security conditions Engaged, pointing out that America found a strong Sudanese government."
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Goldilocks' Comments and Global Economic News Late Wednesday Evening 4-17-24
Good Evening Dinar Recaps,
Gold Standard Announcement:
"Russian gold exports have stopped since the start of this year after new exchange-rate-linked duties, Danil Volkov, director of the finance ministry’s tax policy department, told the Federation Council, the upper chamber of parliament."
This year, Russia is in process of abolishing their export duty on gold. This is a government tax on goods leaving the exporting country. It is collected by the customs authorities.
A gold-exchange rate-linked duty is a monetary system where a nation's gold can be converted into bills of exchange such as the Ruble. Such moves open the door to a Gold Standard.
Citizens in Russia are already making currency to gold and vice versa exchanges at their local bank.
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DINARRECAPS8
TNT:
Harambe: IMF ready to work with Zimbabwe | PE News 4-17-24
International Monetary Fund (IMF) managing director Ms Kristalina Georgieva yesterday said they remain committed to working with Zimbabwe to ensure economic stability and the success of the re-engagement with the international community.
She said this in a post on X after participating in a discussion on Zimbabwe’s economic developments and update on the arrears clearance and debt resolution process in Washington DC ahead of the IMF-World Bank Spring Meetings that start today, ending Friday.
“Productive discussion at the Zimbabwe roundtable with donor partners,” she said.
“The IMF stands ready to work with the Zimbabwean authorities to restore macroeconomic stability and re-engage with the international community, which are essential for accessing external financing.”
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Economics, News
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Iraq Economic News and Points to Ponder Wednesday Afternoon 4-17-24
Tlm724 Administrator Bondlady’s Corner
After 21 Years Of The Dollar Auction... Iraq Is Close To Closing The Window Amid Reassurances And Warnings
Time: 04/16/2024 14:08:28 Read: 12,259 times {Reports: Al-Furat News} Report: Ammar Al-Masoudi
Iraq is approaching the end of the closure of the dollar selling window at the Central Bank- which has been controversial - over the past two decades.
TheCentral Bank's management plans to
gradually cancel the dollar auction during the year 2024, leading to its complete cancellation by the end of the year, and to
maintain it for audit and statistical purposes,
in an effortto enable Iraqi banks to establish and establish solid banking relationships with the global and regional bankingsector in orderto achieve the sobriety of the Iraqi banking sector and full commitment.According to international standards and requirements.
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Goldilocks' Comments and Global Economic News Wednesday Evening 4-17-24
Good Evening Dinar Recaps,
Banking Announcement: "HKEX Confirms Decision to Allow Issuers to Hold Treasury Shares. Allowing Hong Kong-incorporated issuers to hold treasury shares will give them 'greater flexibility in managing their capital structure.'"
These changes will take effect on June 11th, 2024. It will give Hong Kong companies more control over their capital.
During down times for their company, this will enable them to have an asset that will neutralize some of the capital flows needed during times of great economical challenges such as the one going on now.
© Goldilocks
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TNT:
Tishwash: US Supports Iraq in joining WTO
At a meeting on Monday between Iraq's Minister of Planning, Mohammed Tameem, and US Secretary of State Antony J. Blinken, Iraq renewed its commitment to joining theWorld Trade Organization (WTO)and to protect intellectual property rights.
The United States has pledged support for a series of projects under the International Visitor Leadership Program aimed at developing expertise in these areas among Iraqis.
Both parties have recognized the importance of strategic projects and infrastructure development in Iraq, which will support regional integration and enhance international trade. ink
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Economics, News
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Iraq Economic News and Points to Ponder Tuesday Evening 4-16-24
Tlm724 Administrator Bondlady’s Corner
The Sudanese Advisor Expects The Dollar To Decline After The Washington Discussions
Economy | 12:31 - 04/16/2024 Mawazine News - Baghdad, the political advisor to the Prime Minister, Sobhan Mulla Jiyad, expected Iraq's readiness to transform the relationship with the "International Coalition" into bilateral relations, anticipating a relative decline in the "dollar" with the Sudanese visit to Washington.
Mullah Jiyad said in a televised interview followed by Mawazine News: “Iraq wants to transform the relationship with the International Coalition into bilateral relations.”
He added, "We expect the dollar to decline relatively with the Sudanese visit to Washington," noting that "Iraq wants to transform the relationship with the International Coalition into bilateral relations."
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DINARRECAPS8
Goldilocks' Comments and Global Economic News Tuesday Evening 4-16-24
Good Evening Dinar Recaps,
Yesterday, Hong Kong regulators adopted both spot Bitcoin ETF and spot Ether ETF. In 2021, mainland China and cryptocurrency trading was banned. Since that time, China has been working diligently to regulate this industry.
And now, China's largest family is in process of funding the above projects. "ChinaAMC, Harvest Global and Bosera International are among those that have been given the green light to issue ETFs."
China AMC is the first Exchange Traded Fund manager in China, and they are the investment manager of the Asian Bond Fund China Fund.
ETFs track a specific set of index assets allowing you to invest in many Assets in that particular sector. ETFs allow you to invest in a grouping of companies and digitize them in a group fund.
This process allows sectors of the market to be joined together in a single asset group class bringing the new digital economy inside the marketplace.
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Economics, Gold and Silver, Goldilocks, News
DINARRECAPS8
Iraqi News Highlights and Points to Ponder Tuesday Afternoon 4-16-24
Parliamentary Finance Reveals Two Reasons Behind The Delay In Sending Budget Schedules
Policy Information / Baghdad.. On Tuesday, the Parliamentary Finance Committee revealed the fact of the delay in sending the 2024 budget tables to the House of Representatives for the purpose of voting, indicating that the tables are complete, pointing out that there are two main reasons behind the delay in sending them to Parliament.
Follow the “Al-Ma’louma” channel on Telegram.. News that does not require documentation..
Committee member Representative Hussein Moanis told Al-Ma’louma, “The problem with delaying the 2024 budget schedules does not lie in the completeness of its details, but rather the problem relates to two technical and monetary issues.”
He added, "The government has accomplished what it had to do, but the lack of cash is the main reason for the government's delay in sending these schedules," noting that "most of the projects have begun to stop due to a lack of financial funding."
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TNT:
Harambe: Indonesian rupiah hits 4-year low, prompts central bank intervention, Money News | AsiaOne 4-16-24
The Indonesian rupiah on Tuesday (April 16) slid to its weakest in four years as the market reopened after the Eid al-Fitr holidays, prompting the central bank to intervene.
The rupiah weakened as much as 2.27 per cent to 16,200 per US dollar, its weakest level since early April 2020, leading the decline among emerging Asia currencies.
While Indonesian markets were closed for the holidays, the US dollar had gained after strong US economic data and rising inflation led markets to push out expectations for when the Federal Reserve could start cutting interest rates.
"Bank Indonesia is taking steps to maintain rupiah stability by maintaining supply-demand balance in foreign exchange market, through triple interventions," Edi Susianto, the central bank's head of monetary department, told Reuters.
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TNT:
Tishwash: Al-Bayati: Al-Sudani’s visit to Washington will resolve these two files
Former MP Jassim Al-Bayati confirmed on Tuesday that the Sudanese visit to Washington will have positive consequences at various levels, especially military, security and economic, pointing out that the visit would resolve the issue of the American military presence inside Iraq and strengthen the dinar against the dollar.
Al-Bayati told Al-Maalouma, “The visit of Prime Minister Muhammad Shiaa Al-Sudani will have positive consequences at all stages, whether activating the strategic framework agreement between the two countries or resolving some economic issues.”
He added, "The visit would resolve the files of some banks that were punished by the Dalil countries, as well as resolve the issue of the lack of liquidity of foreign currency (the dollar) in Iraqi banks and find solutions to ensure its availability."
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