WOTS MON JUL 26 21
America is ready to help Iraq by implementing the White Paper on Economic Reform
These are the articles I discussed on the MY FX Buddies Podcast:
America is ready to help Iraq by implementing the White Paper on Economic Reform
The United States confirmed its readiness to help Iraq implement the white paper for economic reform through a new transparent program, on the sidelines of the strategic dialogue activities between the two sides held in Washington.
Today, Saturday, the US State Department stated that the United States intends to work with Iraq currently to provide a revised nationally determined contribution under the Paris Agreement of the United Nations Framework Convention on Climate Change, according to the Iraq News Agency, "Ana".
The United States also intends to cooperate with Iraq to enhance the capacity of managing climate adaptation and mitigation, reducing gas flaring, developing renewable and clean energy initiatives, promoting water conservation, and supporting the protection of local flora and fauna, according to the US State Department.
The US Department stated that the two sides discussed ways to advance vital energy projects with American companies and facilitate trade in American agricultural products, and the United States' readiness to assist Iraq in implementing the White Paper on economic reform, through assistance from the United States Agency for International Development and a possible new program from the State Department focusing on Financial transparency.
She noted that the American International Development Finance Corporation continues to participate with Iraq on the memorandum of understanding and intends to invest up to one billion dollars to enhance private sector activity that creates jobs and provides opportunities for Iraqis, and the American International Development Finance Corporation intends to hold a virtual meeting with American and Iraqi companies this year to help To facilitate investment projects.
Yesterday, during the activities of the strategic dialogue between Iraq and the United States held in Washington, Fouad Hussein, the Iraqi Minister of Foreign Affairs , said that this round comes as a continuation of the previous three rounds, which were held consecutively between the two countries, which indicate the relationship of partnership and alliance between Iraq and the United States and the efforts of the two governments. diligently to consolidate it
Prime Minister Mustafa Al-Kadhimi arrives in Washington
Prime Minister Mustafa Al-Kazemi arrived in Washington, DC, to start the fourth and final round of the strategic dialogue, between Iraq and the United States.
Earlier today, Al-Kazemi headed to the United States of America at the head of a government delegation, on an official visit lasting several days, which will witness the discussion of Iraqi-American relations in various fields and bilateral issues of common interest.
Al-Kazemi said before his departure, according to a statement by his media office, a copy of which was received by "Nas" (July 25, 2021), that "this visit comes within the framework of Iraq's efforts to consolidate a close relationship with the United States of America, based on the foundations of mutual respect and bilateral cooperation in various fields."
Al-Kazemi added that the visit culminates long efforts of hard work during the strategic dialogue sessions to organize the security relationship between the two countries on the basis of the Iraqi national interest.
In turn, the New York Times said in a report followed by "Nass" (July 25, 2021), that the visit may witness the announcement of a deadline for the withdrawal of US combat forces from Iraq, which may be by the end of this year.
According to what the newspaper quoted Pentagon and US administration officials as saying, Washington will respond to the demands to withdraw a number, still undetermined, out of the 2,500 US troops currently stationed in Iraq, in addition to reclassifying the role of other forces.
On Thursday, an Iraqi delegation began talks in Washington in several areas within the strategic dialogue between the two countries, including what is related to the US military presence in Iraq, prior to Al-Kazemi's meeting with Biden, Monday, at the White House.
And Mara Carlin, the official in charge of international affairs at the US Department of Defense, the Pentagon, received a delegation headed by the Iraqi National Security Adviser, Qassem Al-Araji, to discuss "long-term military cooperation" between the two countries, according to Pentagon spokesman John Kirby.
Kirby noted that US Defense Secretary Lloyd Austin joined the talks to "reaffirm his commitment" to continue the fight against ISIS.
After American interests in Iraq have been targeted since the beginning of the year with about 50 missile or drone attacks, Austin stressed "the need for the United States and the coalition to be able to assist the Iraqi army in complete safety."
Al-Kazemi had discussed with the White House envoy, Brett McGurk, last week, in Baghdad, the withdrawal of "combat forces from Iraq."
But White House spokeswoman Jen Psaki said, on Thursday, that the Iraqi government "would like the United States and the coalition to continue training and assisting its military, providing logistical support (and) exchanging information."
On Friday, Iraq and the United States renewed their commitment to strengthening the partnership between the two countries, and emphasizing its "strength" and based on common interests, with the start of the strategic dialogue meetings between the two countries.
The US Secretary of State, Anthony Blinken, stressed "the strength of the US partnership with Iraq," adding that "the work we are doing with Iraq today is based on achieving common interests."
The Iraqi Foreign Minister, Fouad Hussein, said that "ISIS is still present in Iraq", and that his country renews its commitment to strengthening its strategic partnership with the United States as a key partner in the international coalition to fight the organization, adding, in statements to Al-Hurra TV, that the Iraqi security forces "are still They need the programs provided by the United States in terms of training, arming, equipping, and building capabilities.”
Iraq renews its desire to open up to the international community, both economically and commercially
Secretary-General of the Council of Ministers, Hamid Al-Ghazi, discussed, on Monday, with the Italian ambassador to Iraq, the results of the Prime Minister's visit to Rome, while stressing the government's desire to open up to the international community, economically and commercially.
A spokesman for the General Secretariat of the Council of Ministers, Haider Majid, said in a statement received by Mawazine News that "Al-Ghazi met the Italian ambassador to Iraq, and discussed with him the results of Prime Minister Mustafa Al-Kazemi's visit to the Italian capital, Rome."
He pointed out that "the Secretary-General of the Council of Ministers renewed, during the meeting, the Iraqi government's desire to open up to the international community in the economic and commercial fields."
A new statement from Washington on the nuclear agreement with Iran
The US special envoy to Iran, Robert Malley, said that "the maximum US pressure launched by former President Donald Trump against Iran has failed."
Robert Malley indicated that "the United States is ready to return to the nuclear agreement if Iran abides by its nuclear commitments."
The US envoy stressed that "American pressure on Iran has harmed America's interests at the global level."
In a related context, the Wall Street Journal claimed that "Iran has demanded the United States that any future attempts by Washington to withdraw from the nuclear agreement be linked to support from the United Nations."
An expert determines the criteria for attracting foreign investments
The White House announces the results of the last round of strategic dialogue between Baghdad and Washington
On Monday, the White House revealed the details of the agreements that US President Joe Biden and Prime Minister Mustafa Al-Kazemi will announce, after their meeting in the Oval Office.
And a press statement by the US presidency quoted a "senior US administration official" as saying in a press briefing that the two presidents' statement will contain details of the upcoming US military role in Iraq.
And the official answered a journalist’s question about whether President Biden would be able to declare a “final period” for the combat mission in Iraq and set a “specific day” to end those operations by saying, “Yes, I am confident of that, and there will be a somewhat general statement concluding the initiatives that were discussed between The two sides” over the past days and “is similar to the previous statements of the strategic dialogue meetings.”
But the official refused to indicate a date for the withdrawal, or to details related to the number of forces that will be withdrawn, adding, "There will be a security component in the statement as well."
And the official said, in response to another question in this regard, "What the statement will explain is the same as what the Iraqis and their Prime Minister Al-Kazemi have made clear, which is that while development continues, and while the United States has officially ended its combat mission and made it clear that there are no American military forces on a combat mission in Iraq, the Iraq has requested, and we greatly agree with it, that there is a need for continuous training, logistical support, and advice to build capabilities, and all of this will continue.
The official said, "There are further indications if we look at what happened in the past strategic dialogue meetings, and the progress from the point where we were to where we stand now, and from now to the end of the year."
"I don't want to talk about numbers, and I don't think any of the previous strategic meetings put details like this in it," he added.
The US official stressed, however, that it is a significant development, and something we are "satisfied" with, only given that we have trained about 250,000 Iraqi security forces and Peshmerga forces, and they have passed the "battle test" and proven their ability to protect their country.
He added, "What the statement will make clear, and what the Iraqis and Prime Minister Al-Kazemi himself have made clear (... ) is that with the continuation of this development in the role of the Iraqi forces, and because the combat mission in Iraq for our forces has ended, Iraq's request, and we very much agree with it, that they need continuous training. ; support in logistics, intelligence and advisory capacity building - all of which will continue.
"We completed the fourth strategic dialogue, there were two last year in 2020. One in April and this round will be the last and we will talk about the transition to a new stage in the campaign in which we complete the combat mission against ISIS and move to an advisory and training mission by the end of the year," he said.
"This forms part of the visit, but it is only one part of a huge agenda between our two countries.
He stressed that "the goal is the permanent defeat of ISIS," adding, "We realize that you have to keep pressure on these networks in their quest to reconfigure them, but the role of US and coalition forces can fall back very much to advice, intelligence sharing, and assistance with logistics, and this is what We are on it now."
"It is important that there are two leaders like President Biden and Prime Minister Al-Kazemi, who are leaders who really believe in problem solving and leadership with diplomacy, and in working together, and that is why this visit is so important," the official said.
"There will be room for questions from journalists during the two leaders' meeting at the White House.
Iraqi diplomacy
"I'm sure that one of the topics in the Oval Office will be the direction of this Iraqi government under to reintegrate Iraq into its neighborhood," the official said, adding, "You saw when King Abdullah II was here this week, one of the topics he spoke with the president was the Baghdad summit. Which the king attended with Egyptian President Abdel Fattah al-Sisi in the Iraqi capital, a historic summit, the first visit by an Egyptian president to Baghdad since before the first Gulf War in 1991.
"Iraq has restored its relations with Saudi Arabia and the entire Gulf Cooperation Council," he added, and Prime Minister Kazemi led these diplomatic initiatives, adding under his leadership and at his invitation, and also with Iraqi President Barham Salih, the Pope made an "amazing" historic visit to the land of Abraham. , Najaf, Baghdad and Mosul.
He said, "Prime Minister Al-Kazemi helped facilitate direct talks between Saudi Arabia and Iran in Baghdad, so he is a very exceptional leader with a diplomatic, pragmatic thinking, focused on solving problems, very similar, of course, to President Biden and we headed here."
"Al-Kazemi inherited a horrific situation when he came to power earlier last year in the wake of protests, killings of protesters by Iraqi militias and massively rising regional tensions, and he has worked a lot to deal with that and de-escalate," he said.
"We hear now - what is interesting - from almost every country in the Middle East, that one of their first agenda items is the importance of Iraq and the importance of supporting Iraq and the Iraqi government," he said, adding, "This is a big change from what it was even four or five years ago."
"I think this means that Prime Minister Al-Kazemi is trying to be a problem solver and not someone who is trying, you know, to use problems for his own political interests, which is something we've seen in the past," he added.
The official revealed that "Iran and Saudi Arabia are holding talks in Baghdad - and this is not an easy matter" in addition to the openness to the Gulf and the issue of the Jordanian electricity line.
The official said that Al-Kazemi's visit would conclude a "long week" of talks between the two sides, which included military talks between Iraqi officials and officials from the US Department of Defense, talks between the foreign ministers of the two countries, and "side sessions in which experts talked about various aspects of trade, trade, education, culture and energy." He also revealed a planned meeting of the US Treasury Secretary and the Iraqi Finance Minister.
Health and Climate
According to the official, those meetings resulted in the United States providing 500,000 doses of Pfizer vaccine to Iraq through the Kovacs port, and providing $155 million in humanitarian aid to support internally displaced persons in the country.
The official revealed that "the Center for Disease Control and Control has signed new arrangements to work with the Iraqi public health sector to help improve public health capacity," adding that this "is particularly important because Iraq has suffered two horrific hospital fires over the past few months and we want to help them." As best we can with our experience and technical advice to deal with this problem."
He also revealed that about $800,000 will be allocated to facilitate systematic tracking of high-risk pathogens.
The official said Washington had a "huge climate agenda" with the Iraqis, which included USAID funding for technical assistance in renewable energy for Iraq.
He added, "Also, Iraq ignites the gas that comes from the extraction of oil," and this gas "contributes to about 10 percent of emissions from gases ignited globally."
The official revealed a "historic" project that will start next fall, "which has been under discussion for many years" and includes extracting gas from oil fields in Iraq, noting that "this is very important not only for Iraq's energy needs, but also on the climatic aspect, which is clearly a central to our agenda here in the Biden administration."
energy
The official indicated that the two sides "are in the process of finalizing arrangements for the project to connect the Jordanian electricity network to the Iraqi electricity network," which the US Agency for International Development is helping to finance from the Jordanian side, and General Electric helping to finance it on the Iraqi side.
This project will help bring energy to about one million Iraqis in southern Iraq as well as revenue to Jordan, the official said.
The election
The official also said that "the United States led an effort in the UN Security Council and won a unanimous resolution" to help monitor the Iraqi elections, monitoring called for by "a number of senior Iraqi leaders as well as (...) Sistani."
The official announced the United States' contribution of $5.2 million to this election observation mission, in addition to its contribution of about $9.7 million for electoral technical assistance to the Independent High Electoral Commission in Iraq through the United Nations mission in the country.
The official said that the United States granted about 1.2 million dollars from the State Department to restore Iraqi universities in Nineveh Governorate, and the Development Finance Corporation intends to invest about one billion dollars in Iraq to enhance private sector activity, create job opportunities and provide opportunities for Iraqis.
Ex-Iraqi PM Nouri Al Maliki 'narrowly escaped US sanctions'
One of Iraq's most controversial leaders after the 2003 invasion was seen by some in the US as a reliable ally
:quality(70):focal(1567x988:1577x998)/cloudfront-eu-central-1.images.arcpublishing.com/thenational/GTCWU4V3KFCCTOHGHZFA3YUSXU.jpeg)
Nouri Al Maliki, the Iraqi former prime minister thought to be seeking a comeback in October's elections, was days away from being sanctioned by the US government earlier this year, according to a source close to the matter.
The move was being discussed during the closing weeks of the Trump administration in January but the government transition reportedly stalled the process.
“He was so close to designation, but state mechanisms ran out the clock on him,” the source said.
The basis for the sanctions is not clear, although in recent years Mr Al Maliki has faced a growing number of corruption allegations and increasingly positioned himself in alliance with Iran-backed groups that have attacked US forces and killed hundreds of protesters.
Iraq's prime minister from 2006 to 2014, Mr Al Maliki was considered by some in Washington to be “our man in Iraq”, at one time holding regular video calls with former president George W Bush, who described him as “a good man with a difficult job”.
He has kept a relatively low profile recently, but is seeking a political return in the coming election, according to analysis by the Washington Institute for Near East Policy.
His new allies include an organisation linked to an Iran-backed militia called Sayyid Al Shuhada, which recently threatened US forces in Iraq.
While Mr Al Maliki escaped sanctions, the US in January sanctioned Faleh Al Fayyadh, the head of Iraq's Popular Mobilisation Forces (PMF), for human-rights abuses and corruption. The militia umbrella organisation is officially under the Iraqi government, but many of its groups are openly loyal to Iran.
Mr Al Fayyadh, who once served as acting minister of state for national security in Mr Al Maliki’s government, is accused of orchestrating a crackdown on anti-government protests that broke out in late 2019, in which at least 500 people were killed.
The US earlier also sanctioned several prominent commanders of Iran-backed PMF militias, including Qais Al Khazali of Asaib Ahl Al Haq, whose party Sadiqun briefly joined Mr Al Maliki’s political bloc in 2014.
Al Khazali is among the PMF commanders who have long orchestrated attacks on US forces, and in some cases Iraqi security forces.
Iran’s man in Iraq?
Mr Al Maliki repeatedly denied facilitating Iran-backed groups while in power, as billions of dollars of US reconstruction funds flowed into Iraq, but Americans were divided over the extent to which he was telling the truth.
“Maliki reiterated a vision of Shia, Sunni, and Kurdish partnership, and in my one-on-one meeting with him, he impressed me as a leader who wanted to be strong but was having difficulty,” wrote former US National Security Adviser Stephen Hadley in a leaked 2006 memo.
The memo made no mention of the fact that Mr Al Maliki’s Dawa party contained an MP named Jamal Jaafar Ibrahimi, better known by his nom de guerre, Abu Mahdi Al Muhandis.
Muhandis had been accused by the US and Kuwait of orchestrating an attack on the US and French embassies in Kuwait in 1983, and would go on to become the de facto leader of the PMF until he was killed by a US drone strike in January 2020.
Mr Al Maliki once told a journalist that the evidence of Muhandis's role in the Kuwait attacks was slim.
“If we get some evidence against him, we will arrest him now,” he said.
After Muhandis was sanctioned by the US in 2009, Mr Al Maliki privately confided to the former US Ambassador to Iraq Ryan Crocker that he did not trust the Iranians, describing how Iran favoured other Iraqi groups over his Dawa party during the Iran-Iraq war, most notably the Badr Organisation, which would go on to become one of the most powerful Shiite organisations in Iraq.
His ambiguous position on Iran served Mr Al Maliki well. The US became more concerned that he was becoming an authoritarian ruler rather than a secret ally of Iran.
“If you look at it from what the situation was until 2011 there was a basis for viewing Maliki as ‘our man',” said Kirk Sowell, head of Utica Risk, an Iraq advisory service which works with international organisations.
“It is not as if the alternatives were great. One was Baqir Al Zubaydi, best known for executing Sunnis by drilling through their skulls, and Ali Al Adib was another, and [Mr Al Maliki's predecessor, Ibrahim] Jaafari another — we'd already tried him. All the alternatives appeared closer to Iran.”
Maliki and the militias
By mid-2008, Mr Maliki’s backers could point to his aggressive military operation, Charge of the Knights, to clear the radical cleric Moqtada Al Sadr’s Iran-backed Jaish Al Mahdi militia from Basra.
“Charge of the Knights changed him, changed everything,” said Norman Ricklefs, an adviser with coalition and Iraqi forces at the time.
“I was involved in all the operational level planning sessions in the lead-up to it. Maliki was Churchillian in that moment, bold, thoughtless, careless, and ultimately extremely successful.”
“It coloured his administration and his character from then onwards.”
Mr Al Sadr had fallen out of favour with Tehran and Mr Al Maliki’s actions helped to hobble his brutal militia.
But other Iran-backed groups were rising and an increasingly powerful Mr Maliki was in the process of formalising them as political allies while he took control of Iraqi state institutions.
Days after ISIS swept through northern Iraq and seized Mosul in June 2014, Mr Al Maliki issued Cabinet Decree 301 to create the Commission for the Popular Mobilisation Forces, allowing Iran-backed militias a formal role in the fight against ISIS.
That year, he had allied with Sadiqun, the political wing of Asaib Ahl A Haq, and was allowing the militia a bigger role in the war on ISIS.
Despite being forced from office in August 2014 amid a collapse in Iraqi security, Mr Al Maliki retained powerful influence through state institutions.
"Throughout eight years in office, he appointed loyalists in every corner of the Iraqi state, says Omar Al Nidawi, a programme manager at Education for Peace in Iraq, an NGO.
"Other powerful parties have yet to replace hundreds of the directors and other 'special grade' appointees from the Maliki era. We're talking about massive patronage networks and corruption that generated many billions of dollars. That money is still floating around, and money is power," he added.
In recent years, Mr Al Maliki's allies have worked effectively to undermine prime ministers seen as close to the US, including his successor Haider Al Abadi and Mustafa Al Kadhimi, the current prime minister.
“Maliki provided Fatah [a political bloc led by the Badr Organisation] and PMF leaders with the political instinct they lost when Muhandis was killed,” Michael Knights, an analyst at the Washington Institute for Near East Policy, said.
“Though still technically on a separate list in elections, Maliki played an optical adviser role akin to the one Ahmed Chalabi used to play for the Sadrists — the alliance builder.”
Although his growing ties with Iran-backed groups became clearer in 2014 — even as he called for US help against ISIS — Mr Al Maliki had been building strong partnerships with figures close to Tehran for years.
Fighters of the marshes
US State Department cables describe how Mr Al Maliki wanted to create loyalist militias in the south of Iraq. He chose Dagher Mousawi, the head of the resistance group Sayyid Al Shuhada following the 1991 uprising against Saddam Hussein, to lead this project.
The US considered Mousawi effectively an agent of Iran’s Islamic Revolutionary Guard Corps.
:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/thenational/M2G4JSHHWVERRGNPZK33TYOLLY.jpg)
“Sayyid Al Shuhada has been widely reported to facilitate the transfer of weapons and munitions across the Iranian border into Iraq and to provide fiscal and logistical support to more violently inclined groups. Recent collateral reporting suggests they may be abetting efforts to assassinate political opponents targeted by IRGC,” a 2005 cable warned.
That year, Mr Al Maliki attended an Arab League event with Mousawi in tow; Mousawi posted a picture of the trip on his Twitter account.
:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/thenational/WZCPL2UY6FHNLOOM2EA6FQ2SHM.jpg)
Cables describe how the US believed the priority was to push back against Al Sadr’s militias, who were among the main drivers of sectarian conflict.
“The US considered Maliki someone who wanted to be a leader, for good or bad and supported him during Charge of Knights,” says Joel Wing, a California-based analyst.
“They thought, ‘he's a nationalist, we've hit pay dirt.’ Things didn't change until the 2010 election and even then some still backed him.”
Mousawi’s group Sayyid Al Shuhada appears to have re-mobilised under the same name in 2012 to fight in Syria, and their commander now regularly threatens the US.
In 2014, Mousawi ended his 11-year stint as a civilian politician to lead the PMF 7th Brigade, Liwa Al Muntadhar, but died in 2019 in a car crash.
Mr Al Maliki, though six years out of office, remains a powerful champion of the PMF.
He has pushed for a law criminalising criticism of the PMF, saying that anyone who does so is following “foreign agendas”.
Iraqi analyst Sadiq Hassan argues this has now become a formalised effort by former allies of Mr Al Maliki, including Asaib Ahl Al Haq, to intimidate or kill those who criticise the PMF.
Mr Al Fayyadh, Muhandis and Al Khazali threatened to “cut off the hands” of protesters who attacked their offices during demonstrations in Basra in 2018 over poor public services and a lack of jobs — foreshadowing the bloodshed that would meet the 2019 protests.
Mr Al Maliki's new political efforts suggest he may be rekindling some of these old alliances before October’s elections, including an alliance with Mousawi’s former PMF unit.
Mr Knights and his colleague Hamdi Malik recently noted that Mr Al Maliki’s forthcoming electoral coalition will include leaders of the original Iraqi faction of Hezbollah, and Saraya Hezbollah, which is linked to Mousawi’s Liwa Al Muntadar faction, and Sayyid Al Shuhada — all original anti-Saddam resistance groups formed in the 1990s.
UK chartered accountants institute, finance ministry to improve Vietnam's accounting standards
HCM CITY — The Institute of Chartered Accountants in England and Wales has signed a memorandum of understanding with the Ministry of Finance’s Accounting and Auditing Supervisory Department to improve the quality of human resources and accelerate the development of accounting and auditing to facilitate Việt Nam’s international integration.
The institute and the ministry’s accounting and auditing supervisory department will work hand in hand.
They will consider mapping out a training programme for certification of International financial reporting standards in Việt Nam.
They will periodically organise seminars and conferences to exchange accounting and auditing knowledge, carry out research and share experiences, technical resources and the best practices in accounting and auditing .
Deputy Minister of Finance Tạ Anh Tuấn said one of the key targets was to adopt international financial reporting standards in Việt Nam to improve the credibility of businesses and create an attractive investment environment and facilitate Việt Nam’s global integration.
Britain’s ambassador to Việt Nam, Gareth Ward, said the UK was committed to working with Việt Nam to further develop its financial and professional services sector to foster the adoption of the international financial reporting standards.
The ministry and ICAEW have been working together for almost 10 years on occupational development activities.
Below here is the regular WOTS the Word on the Street report for Monday, July 26th, 2021:
A correspondent of (Iraqi Media News Agency /) said that the Al-Kifah and Al-Harithiya Central Stock Exchange in Baghdad registered this morning 147,600 Iraqi dinars for 100 US dollars.
The Central Kifah Stock Exchange recorded, during its opening yesterday morning, 148,100 Iraqi dinars for every $100.
Our correspondent indicated that buying and selling prices decreased in banking shops in the local markets in Baghdad, where the selling price amounted to 148000 Iraqi dinars, while the purchase prices amounted to 147000 dinars per 100 US dollars.
In Erbil, the capital of the Kurdistan Region, the price of the dollar also decreased, as the selling price reached 147,800 dinars per 100 US dollars, and the purchase price was 147,500 dinars per 100 dollars.
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD |  1433.1000 |  1484.1000 | 1455.3000 | 1455.3000 | 1455.3000 | -1.7000 | 20:00 |
| USD/VND | 23008.0000 | 23010.0000 | 23002.3500 | 23001.9100 | 23001.9100 | 0.9900 | 05:18 |
| USD/CNY | 6.4814 | 6.4834 | 6.4862 | 6.4779 | 6.4804 | 0.0010 | 05:22 |
| USD/KWD | 0.3004 | 0.3014 | 0.3007 | 0.3006 | 0.3007 | -0.0002 | 04:49 |
| GBP/USD |  1.3796 | 1.3797 | 1.3798 | 1.3737 | 1.3759 | 0.0056 | 05:23 |
| USD/IRR | 42000.0000 | 42210.0000 | 42097.5000 | 42097.5000 | 42097.5000 | 0.0000 | 00:00 |
| USD/IDR | 14501.0000 | 14501.0000 | 14503.0000 | 14470.0000 | 14484.0000 | 15.0000 | 05:23 |
Crypto-based 'shadow financial market' spooks regulators...
Man used AI to bring back deceased fiance. Tech creators freak...
MARKETS ON A HIGH: Stock Bulls Look Toward $17 Trillion Burning Hole in Pockets...
Stocks, Futures Fall With Focus on China, Earnings: Markets Wrap
U.S. Real Yields Fall to Record Low Amid Growth Concerns
Dow futures fall 100 points ahead of a huge week of Big Tech earnings
An expert determines the criteria for attracting foreign investments
Oil prices drop due to Corona virus and China floods
Oil prices fell, on Monday, with concerns about fuel demand from the spread of COVID-19 variables and floods in China, which offset expectations of tight supplies during the rest of the year.
Brent crude futures for September fell 53 cents, or 0.72 percent, to $72.91 a barrel by 05:18 GMT, while US Texas Intermediate crude recorded $71.53 a barrel, down 54 cents.
Coronavirus cases continued to rise over the weekend with some countries posting record daily increases and expanding lockdown measures that could slow oil demand. China, the world's largest importer of crude, also experienced severe flooding and Typhoon in the central and eastern parts of the country.
However, strong demand in the US and expectations of tight supplies are supporting prices, enabling both decades to recover from last Monday's 7% drop to post their first gains in 2-3 weeks last week.
Global oil markets are expected to remain in deficit despite the decision of the Organization of the Petroleum Exporting Countries (OPEC) and its allies to increase production until the end of the year.
The prospect of a quick return to Iranian supplies is fading as talks to revive the 2015 nuclear deal are postponed.
Meanwhile, a US official said the US is considering cracking down on Iranian oil sales to China as it prepares for the possibility that Tehran will not return to nuclear talks or adopt a tougher stance whenever it does.
The Central Bank cooperates with the International Labor Organization in training the displaced
In implementation of the joint cooperation platform between the Central Bank of Iraq and the International Labor Organization (ILO), which seeks to develop refugee and forcibly displaced youth, this bank has taken the initiative to prepare training programs entitled (Start and Improve Your Business SIYB) as part of the project to finance the beneficiaries of the displaced youth category and to develop and develop their projects, The program targeted the governorates of Dohuk and Nineveh, with the participation of about 150 trainees of both sexes.
Central Bank of Iraq
information Office
2021/7/26
UK chartered accountants institute, finance ministry to improve Vietnam's accounting standards
HCM CITY — The Institute of Chartered Accountants in England and Wales has signed a memorandum of understanding with the Ministry of Finance’s Accounting and Auditing Supervisory Department to improve the quality of human resources and accelerate the development of accounting and auditing to facilitate Việt Nam’s international integration.
The institute and the ministry’s accounting and auditing supervisory department will work hand in hand.
They will consider mapping out a training programme for certification of International financial reporting standards in Việt Nam.
They will periodically organise seminars and conferences to exchange accounting and auditing knowledge, carry out research and share experiences, technical resources and the best practices in accounting and auditing .
Deputy Minister of Finance Tạ Anh Tuấn said one of the key targets was to adopt international financial reporting standards in Việt Nam to improve the credibility of businesses and create an attractive investment environment and facilitate Việt Nam’s global integration.
Britain’s ambassador to Việt Nam, Gareth Ward, said the UK was committed to working with Việt Nam to further develop its financial and professional services sector to foster the adoption of the international financial reporting standards.
The ministry and ICAEW have been working together for almost 10 years on occupational development activities.
CBI Update: Just a note:
including $63,380,000. CASH
ISX Update: Shares Traded: not updated for todayValue Traded: not updated for today
7-25-2021 Newshound Guru Pimpy There's no redemption centers unless they're talking about an actual exchange center...the best place? The bank or credit union. Quote: "Your bank or credit union, not an airport kiosk, is likely the best place to exchange currency." ...not a redemption center, not a foundation, you're not going to go in any special group. You're not going to get a better deal than other people. Everybody gets the same rate. You're not going to be able to negotiate with the bank. I already asked that. [post 2 of 2]
7-25-2021 Newshound Guru Pimpy People go, "It's a scam! Yeah, It's a scam!" No, no no, no the currency is not a scam. It's a legitimate currency but people do scam other people using the currencies so you and I have to be careful. Article: "Where to Exchange Currency Without Paying Huge Fees" There's no 800 numbers. You won't get a special email unless somebody's letting you know when it actually happens. [Post 1 of 2]
7-25-2021 Newshound Guru Breitling Look at some of the conversations going on. 'Look at Iraq. Iraq's a disaster so therefor the value of their currency couldn't go up.' The reality is the value of their currency was artificially devalued. So even if it did go down and it was a real market rate it wouldn't go down to a tenth of a penny where it is today. It would still be worth .50, .70, up to a buck because if you go look at the counties surrounding Iraq...currencies are .27, .37, you have Kuwait it's like 3 bucks...
7-25-2021 Newshound/Intel Guru Petra ...once a country is recognized fully Article VIII, countries no longer will question the validity of their trade capability...or THEIR CURRENCY!!!! IMO...
No comments:
Post a Comment