WOTS FRI SEP 24 21Al-Hashemi calls on the government to focus on the digital economy
No My FX Buddies Podcast Today
Some later articles:
Al-Kazemi and Al-Abadi discuss 5 political files, including preparations for the October vote
Haider Al-Abadi, head of the leadership of the "National State Forces" coalition, discussed with Prime Minister Mustafa Al-Kazemi the next stage represented by holding early elections.
Al-Abadi’s media office stated in a statement that “Nass” received a copy of it (September 24, 2021), that “the meeting witnessed a discussion of the general situation in the country, and the plans established to secure free and fair elections that represent the will of the citizens, as well as the importance of encouraging those who have the right to vote and vote in the elections.” The election day is on October 10, 2021, because of the wide participation in the process of the desired change.
The attendees also discussed "the government's work, the measures taken in many sectors during the past period, and the importance of achieving the desired reform and providing services to citizens
Al-Hashemi calls on the government to focus on the digital economy
The Deputy Executive Director of the Association of Iraqi Private Banks, Ahmed Al-Hashemi, called on the government to focus on the digital economy during the current years to make Iraq keep pace with the development taking place in the world.
Al-Hashemi said in a statement seen by "Al-Iqtisad News", that "Iraq needs to give the private sector the appropriate environment to transition to digital transformation, as the revolution in information and communications is currently similar to what the world witnessed in the industrial revolution that occurred in 1760," noting that "the legislative authority The future needs to focus on supporting the digital economy through appropriate legislation.”
Al-Hashemi pointed out that the world is witnessing great leaps in technological development, as the transactions of companies and citizens are completed via the Internet without any review, while Iraq is still adopting the primary mechanisms that increase financial and administrative corruption and contribute to the delay in completing the transaction in terms of time.
Al-Hashemi praised the government’s tendency to establish a youth support fund with an amount of 30 billion dinars, which supports technical projects, which contributes to the development of the Iraqi economy and makes young people go towards pioneering projects, pointing out that the private banking sector has begun to publish electronic payment tools in all the country, and requires Shop owners need to use a Pos device to organize the buying and selling process, reduce theft, waste, and more.
The exchange rate of the dollar against the Iraqi dinar in Iraq today, Friday, September 24, 2021
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD |  1430.8000 |  1481.8000 | 1458.4000 | 1458.2000 | 1458.4000 | 0.1000 | 10:44 |
| USD/VND | 22760.0000 | 22770.0000 | 22751.0800 | 22749.1800 | 22749.1800 | 3.2800 | 00:16 |
| USD/CNY | 6.4642 | 6.4662 | 6.4652 | 6.4561 | 6.4580 | 0.0059 | 05:20 |
| USD/KWD | 0.3005 | 0.3015 | 0.3008 | 0.3008 | 0.3008 | 0.0000 | 00:16 |
| GBP/USD |  1.3698 | 1.3698 | 1.3736 | 1.3698 | 1.3719 | -0.0021 | 05:20 |
| USD/IRR | 42000.0000 | 42210.0000 | 42097.5000 | 42097.5000 | 42097.5000 | 0.0000 | 00:00 |
| USD/IDR | 14285.0000 | 14285.0000 | 14286.0000 | 14231.0000 | 14254.0000 | 29.0000 | 05:17 |
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Iraqi Articles:
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On the sidelines of the United Nations meetings, the President of the Republic meets the French Foreign Minister
The President of the Republic, Dr. Barham Salih, received at his residence in New York, the French Foreign Minister, Jean-Yves Le Drian, on the sidelines of the United Nations General Assembly meetings.
During the meeting, they discussed the growing Iraqi-French relations and ways to develop them in various fields, including economic and trade, and the French contribution to supporting Iraq in the fight against terrorism and humanitarian aid.
President Barham Salih stressed that Iraq looks forward to the support of friends and allies in order to enhance its security, ensure its stability and the well-being of its people, work to defuse crises in the region, and emphasize Iraq's vital role in this.
His Excellency added that Iraq continues its war against terrorist cells and to consolidate its security and stability and economic and commercial openness, and to work closely in the field of environmental protection and addressing the significant effects of climate change at the national level and in regional and international coordination.
For his part, Minister Jean-Yves Le Drian affirmed his country's commitment to support the security and stability of Iraq, and to consolidate its great efforts to ease regional tensions and the need for Iraq to return to its pivotal role in it, and to enhance economic and trade cooperation between the two countries.
Oil prices rise for the fourth day in a row due to the scarcity of global stocks
Oil prices continued to rise for the fourth consecutive day, due to concerns related to global supply.
Reuters reported that by this morning, Brent crude rose 12 cents, or 0.2 percent, to $ 77.37 a barrel, after reaching its highest level since July and closing at its highest level since October 2018.
The price of US oil also rose 6 cents, or 0.1 percent. to $73.36 a barrel, after closing up 1.5 percent in the previous session, its highest level since the beginning of August.
According to experts, this comes after the increasing talk about the scarcity of global stocks, in addition to fears of supply problems with the approach of the winter season
The features of the largest bloc begin to appear .. Barzani, al-Sadr, al-Hakim and al-Abadi, so who is their candidate for prime minister?
Political sources said that dialogues and discussions may start in the next few days to participate in the upcoming October elections, to resolve the file of forming the largest parliamentary bloc, which will be entrusted with the task of forming the new ministry, and naming its head.
According to the sources who spoke to (Iraq Today), "the features of the bloc may consist of the Sadrist bloc (expected to dissolve first in the elections), the Kurdistan Democratic Party (expected to win the largest number of seats in the Kurdish provinces) and the coalition of state forces composed of the Wisdom Movement headed by Ammar al-Hakim, and the Victory Coalition headed by former Prime Minister Haider al-Abadi.
She indicated that this bloc will include Sunni political forces, and it is likely that the Taqadm bloc will join Al-Halbousi, as well as smaller Sunni lists, while Al-Khanjar will prefer to remain allied with Al-Fateh.
In addition, the Kurdistan Democratic Party's spokesman, Mahmoud Muhammad, announced that there are understandings between his party and the Sadrist movement regarding presenting his party's position on the post of President of the Republic of Iraq.
Mahmoud Muhammad revealed that his party sent a delegation to Baghdad to discuss the future of Iraq with most of the Iraqi political forces and parties, and indicated that the parties that have more common points with the party are the ones with whom it will get closer.
The KDP spokesman added: In fact, we felt that the Sadrist movement's vision is very close to the vision that is being circulated in Kurdistan, or that the KDP is calling for. But we did not conclude any official agreement with the Sadrist movement, but there is an understanding between us, and we left the matter until after the elections.
Many parties make such understandings about the aftermath of the elections and the formation of the government, and this is what we also did.
Regarding the position of President of the Republic of Iraq, which became part of the Kurds' share after 2005 and was going to the Patriotic Union of Kurdistan, Mahmoud Muhammad said: This depends on the political situation and the understandings that will happen in Kurdistan after the elections.
After all these clear revelations and understandings, the most important question has become:
Who will be the head of the next government:
Al-Kazemi, who is supported by the majority of these forces and large alliances, or Al-Abadi, who is supported by the Victory Alliance?
The answer will definitely not be far off. The elections are close, and the features of the next president will appear very shortly after!
CBI Update: Just a note:
including $0. CASH
ISX Update: FRIDAYShares Traded: not updated for todayValue Traded: not updated for today
9-23-2021 Intel Guru Fleming Everybody is zipped up tighter than a drum. No matter. We know everything anyway. Iraq has a new budget to announce. They’ve got a new currency in the bank. All of this is verified from multiple boots on the ground. This announcement is committed before the first of October, which is also the same time to deliver the budget to the Iraqi Nationals. The new Golden Dinar is in the banks and the plan is being cemented by announcements describing this new abundance, roaring from the huge jumbotron monitors in every town square. [post 1 of 2....stay tuned]
9-23-2021 Intel Guru Frank26 Every country has been in Iraq. I'd also like to say every damn central bank on this plant Earth has been in Iraq...
9-23-2021 Newshound Guru BobTheTaxMan You lose more on schedule A. You have a higher tax bracket. If you hit that million mark and particularly the 5 million mark in your exchange they whack the heck out of you. And now plant your butt in California and see what it does. I did a calculation today - 60 some odd percent between the fed and the state. 60%. [Note: At the appropriate time consult your tax professionals to create a tax strategy that's right for your unique circumstances] [Post 2 of 2]
9-23-2021 Newshound Guru BobTheTaxMan [Exchange tax scenario] You've got the IQD in your hot little hand...you run to the bank or an exchange location of some kind. You hand them the IQD, they hand you dollars... Yay hallelujah! You're automatically exposed to ordinary income taxes...if it's under $400,000 it's going to be treated exactly the way it has been under the Trump Administration but when you get over that $400K mark it's a new ballgame. [Post 1 of 2....stay tuned]
9-23-2021 Intel Guru MarkZ [via PDK] ...it has been an exceptionally quiet 18 hours on the RV front. Wish I had more for you but it is just silent and quiet on the RV front...Everyone I talked to are just scratching their heads….noone has any news as we try to figure out where we are at...They still all have expectations and are sitting at the edge of their seats. I tend to think we may be waiting for bombshells to drop tomorrow.
9-23-2021 Newshound Guru Pimpy Article: "In preparation for the upcoming Baghdad conference, the formation of a ministerial committee that includes Iraq, Jordan and France" Looks like Iraq is going to be hosting yet again another type of conference in Baghdad. This is good. They're networking with other nations. This is what you want - to start getting out back on the international scene which is important to strengthen their economy. We know what happens if your economy is strong, well so is your currency...
9-23-2021 Newshound Guru Desert Advisor You probably realize Iraq is still .0006 as an exchange rate compared to the dollar and all the other countries [In the region] so...they need a strong foundation when it comes to their economy and how's that going to happen? First off they need to make sure they they make the right connections. So who are they talking to? Article: "Al-Kazemi's government signs the two largest contracts that will put Iraq in the category of the largest energy sources in the Middle East".
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