Millions of Iraqis' pockets replace heavy cash with light cards
I want to spread awareness about electronic payment? Ready to use it?
m18 million electronic cards! Yes, this number represents the number of cards that have been issued and are used by Iraqis everywhere.
The video for this blogpost is below here:
Electronic payment has become a basic requirement of life these days, and we want to see advanced campaigns such as #Asraflak to spread awareness about this trend. How are you with electronic payment? Are you ready to use it?
https://www.youtube.com/watch?v=tEjdPv3c8OY
18 million electronic cards! Yes, this number represents the number of cards that have been issued and are used by Iraqis everywhere (Title)
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If you are an Iraqi, you still can't buy
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Anything from abroad for many years, communication
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Our country was few in the world, especially those we want
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We buy something online and the reason is we don't have to pay
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But cash has changed from the development of Iraq to the development
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How do Iraqis pay by carrying it, sorry
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But the limit now is about ten Iraqi banks
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Cards have been introduced for citizens and this is how we can
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Buy from any site in the world safely and quickly
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According to estimates, more than 18 million
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Electronic cards have been issued for citizens so far, encouragement from
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the government and the central bank so that we can develop our communication
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And the world, and now, O bank, please talk to us until
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We make a card, make it How do you not think it is more expensive for you?
Al-Sudani's advisor: Iraq maintains an effective hedging tool to protect the dinar and curb inflation and volatility
Government advisor reveals benefits of increasing Iraq's share in the IMF
The Prime Minister's Advisor for Financial Affairs, Mazhar Muhammad Salih, confirmed today, Saturday, that increasing Iraq's share of the international monetary fund is a step to confront economic challenges and stabilize the dinar, while indicating that it is a tool against exchange rate fluctuations and inflation problems and enhancing investor confidence in the Iraqi economy.
Saleh told the Iraqi News Agency (INA): "Iraq maintains a gold reserve within its foreign reserves, which is part of the official reserves of the Central Bank of Iraq, as monetary gold is a means of supporting the value of the Iraqi dinar and achieving the desired economic stability."
He added: "When inflation rises and the value of foreign currencies declines, the price of gold usually rises, so gold is a hedge against inflation or devaluation of currencies, and is also a type of long-term investment and contributes to diversifying the country's sovereign investment portfolio, because it is originally stable compared to the fluctuations in the value of currencies."
He continued: "Our country maintains about 150 tons of gold, which constitutes a percentage of the country's foreign currency reserves, as this reserve is managed according to the guidelines issued by international multilateral financial organizations, and it represents a hedging tool and a safe and appropriate haven as it is an important part of the national currency cover."
He pointed out that "the monetary authority in our country has sought in recent years to increase its gold reserves, in order to confront economic challenges and ensure the stability of the Iraqi dinar."
He explained that "gold remains a protection tool against fluctuations in exchange rates and inflation problems, and contributes to enhancing investor confidence in the Iraqi economy."
Earlier, the Council of Ministers approved increasing Iraq's share in the International Monetary Fund by the equivalent of (831,900,000) SDR, or the equivalent of (1.45025127) trillion dinars, according to the exchange rate on October 8, 2024, provided that the amount of the increase is included in the allocations for the year 2025, and that the proposed increase will lead to an increase in Iraq's share in the International Monetary Fund by 50% of the previous share, and to increase Iraq's voting power.
original article
Iraq Increases Reserves at IMF by 50%
A meeting of the Iraqi Cabinet this evening approved an increase in Iraq's quota at the International Monetary Fund (IMF) by 831.9 million Special Drawing Rights (SDR), equivalent to 1.45 trillion Iraqi dinars [$1.1 billion] based on the exchange rate as of October 8, 2024.
This 50-percet increase in Iraq's previous quota will enhance the country's voting power within the IMF.
The additional allocation will be included in the 2025 budget.
The IMF created SDRs as an international reserve asset to supplement member countries' official reserves; they are not a currency, but rather a claim on freely usable currencies of IMF member countries. They serve as a potential source of liquidity for IMF member nations.
SDRs represent a weighted basket of major international currencies, and can he held as part of a country's foreign exchange reserves. Adding SDRs to a country's international reserves makes it more resilient financially.
Mapping the Role of FinTech in Iraq
Makers of Baghdad, an innovation hub and maker space, has produced a report exploring the impact of financial technology on economic growth, inclusion, and innovation in Iraq.
Mapping the Role of FinTech in Iraq finds that the financial landscape in Iraq is undergoing a significant transformation, largely driven by the rise of financial technology.
This study examines the evolving fintech industry in Iraq, focusing on its impact on various sectors, including payments, banking, and financial inclusion. It provides a comprehensive overview of how fintech reshapes Iraq's economic ecosystem by mapping the current fintech landscape, identifying key challenges, and exploring future opportunities.
Click here to download the full 17-page report.
Iraq signs gas supply agreement with Turkmenistan
Minister of Electricity, Eng. Ziyad Ali Fadhil, signed an agreement with Turkmen Minister of State for Gas Affairs, Maqsad Babayev, to supply Turkmen gas to power plants in Iraq.
The Minister of Electricity said, according to a statement by his media office: "With the full support of Prime Minister Mohammed Shia al-Sudani, we signed today an important agreement with Turkmenistan to supply 20 million cubic meters of gas per day, which will contribute to the operation of all our gas stations to ensure the national network."
He added: "Turkmen gas will be transported to Iraq via the Iranian pipeline network, according to the swap mechanism in cooperation with the Swiss company (Loxstone Energy)."
He pointed out: "The signing of the agreement was the culmination of intensive technical efforts that extended for more than a year, including multiple meetings and mutual visits, and the signing of a memorandum of understanding last year."
Counterfeiting currency in Iraq.. Is the responsibility of the Central Bank or the government?
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Financial and economic expert Alaa Al-Fahd revealed, today, Saturday (October 19, 2024), the authorities responsible for protecting the Iraqi currency from counterfeiting and its spread in the markets.
Al-Fahd told Baghdad Today, "The mission of the Central Bank of Iraq is to issue currency and maintain monetary policy and coordination in this field. As for the issue of counterfeit currency, this is the responsibility of the specialized executive government agencies. The bank's goal when it issues its currency is to work on finding ways to protect this currency from counterfeiting, and this matter exists in all countries of the world."
He added that "the issue of gangs and currency counterfeiting mafias is not within the tasks and duties of the Central Bank to confront, even the issue of currency smuggling is not within the Bank's tasks," indicating that "these issues are the responsibility of the specialized executive government agencies, including the security agencies, and for this reason the Central Bank of Iraq always works to coordinate with those government agencies in order to preserve the Iraqi economy and currency."
The expert confirmed that "even the dollar is a counterfeit currency, not only in Iraq but in most countries of the world, and this is not the responsibility of the Central Bank of Iraq, but rather the responsibility of the specialized executive government agencies."
It is noteworthy that the Ministry of Interior announced today, Saturday, the arrest of an international gang in possession of "counterfeit" currencies in Baghdad .
The ministry said in a statement received by "Baghdad Today", "Through activating the intelligence effort and pursuing organized crime gangs, accurate information was provided indicating the presence of a gang in the Sadr City area, east of the capital, Baghdad, that is counterfeiting currency and distributing it in local markets ."
She added, "Judicial approvals were obtained and a working team was formed from the Directorate of Combating Organized Crime in the Federal Intelligence and Investigation Agency in the Ministry of Interior and moved to Sadr City, where the gang of 8 suspects was lured and arrested, and counterfeit sums of money amounting to 10 million Iraqi dinars in different denominations were seized, in addition to dollar bills in denominations of one hundred dollars and fifty dollars and counterfeit euro bills ."
“Two printers used in counterfeiting operations were also seized, as well as a yellow Renault wheel used in distributing counterfeit currency,” she continued, stressing that “legal measures were taken against the accused, and it was proven through the investigation that there is a person residing outside the country who visits the home of one of the accused from time to time and brings new and modern editions of counterfeit currency, which are distributed in Baghdad and Basra through one of the accused who has a relationship with one of the arrested accused .”
Ernst & Young presents plan to reform Rafidain Bank to Iraqi Prime Minister
The auditing and financial consulting firm “Ernst & Young” submitted a package of recommendations to Prime Minister Mohammed Shia Al-Sudani, which included the new legal status of Rafidain Bank, its capital, and its work strategy to proceed with the restructuring process in a way that qualifies it to meet the global requirements for modern banking.
This came during a meeting chaired by Al-Sudani to follow up on efforts to develop the work of the government banking sector, in the presence of representatives of the international auditing company and the Governor of the Central Bank, Ali Al-Alaq, in which he stressed that the restructuring of Rafidain Bank is the first step in the government’s banking reforms, which have given special attention to following up on all reports related to it and submitted by the relevant authorities.
Al-Sudani pointed out that the restructuring will work to provide Rafidain Bank with specifications and standards through which problems can be overcome and confidence can be given to citizens, in addition to enhancing cooperation with local and foreign investors .
US Ambassador Alina Romanowski said a “vibrant” private sector and reforms in the banking sector could attract investment to Iraq.
Romanowski's statement, which she posted on her account on the "X" platform, came on the sidelines of a discussion she described as "fruitful" that took place with the ambassadors of the Iraqi Economic Contact Group, the Trade Bank of Iraq, and the Prime Minister's Office , announcing her support for Iraq's efforts towards sustainable and comprehensive economic development.
Romanowski concluded her post with the hashtag #ComprehensiveUS-
Government Advisor: Cash Gold Brings Stability, Faces Challenges
The Prime Minister's Advisor for Financial Affairs, Mazhar Muhammad Salih, said today, Saturday, that "Iraq maintains a reserve of gold within its foreign reserves, and it is part of the official reserves of the Central Bank of Iraq, as monetary gold is a means of supporting the value of the Iraqi dinar and achieving the desired economic stability."
Saleh continued in a statement seen by Al-Masry that increasing Iraq's share in the international monetary system is a step towards confronting economic challenges and stabilizing the dinar, while pointing out that it is a tool against exchange rate fluctuations, inflation problems, and enhancing investors' confidence in the Iraqi economy.
“When inflation rises and the value of foreign currencies falls, the price of gold usually rises, so gold is a hedge against inflation or currency devaluation. It is also a type of long-term investment and contributes to diversifying the country’s sovereign investment portfolio, because it is originally stable compared to currency volatility,” he explained.
Increase in the market value of companies listed on the Iraq Stock Exchange
The market value of listed companies increased inmarket IraqFor securities to exceed the 20 trillion dinar barrier for the first timeIraqiSupported by the banking sector, which represents 50% of the total market value of listed companies, and the communications sector, which represents 39% of the total market value, according to the head of the “Iraq Al-Mustaqbal” Foundation for Economic Studies and Consultations, Manar.Al-Obaidi.
The market value of the industrial sector declined compared to 2021, and the market value of the agricultural sector also declined over the four years, according toAl-ObaidiIt shows
that the hotel and tourism sector witnessed a significant increase with a growth rate of 61% compared to 2021, so that the market value of the sector rose from 390 billion dinars in 2021 to more than 620 billion dinars in 2024.
It is expected to witnessmarket IraqSecurities will see a significant increase in the coming months and years, especially with the improvement in the revenues of listed companies and the development of their businesses, which makes it a market capable of attracting domestic and foreign investments. It is expected that the market value of the market will reach the 50 trillion dinar barrier in the coming years.IraqiSupported by the rise in share prices of successful companies as well as the listing of many companies, whether in the public or private sector, on the market, according toAl-Obaidi.
Presidencies discuss the Commission's preparations for holding parliamentary elections next year
The Presidencies hold a meeting to discuss the most important situations in the country and regional developments
The meeting was attended by Prime Minister Mohammed Shia Al-Sudani, President of the Republic Abdul Latif Jamal Rashid, and President of the Supreme Judicial Council Faeq Zidane
The meeting witnessed discussions on the file of the Presidency of the House of Representatives and the efforts made to expedite the resolution of this entitlement, and the emphasis on supporting those efforts, in a way that contributes to achieving the supreme interest, and enhancing the role of the House of Representatives in integration with the executive and judicial authorities.
The reasons for the delay in presenting some important draft laws prepared by the Presidency of the Republic were discussed, and the necessity of including them on the Council's agenda in its upcoming sessions, in addition to reviewing the judicial measures taken in the context of publishing and media crimes, and monitoring cases of transgression against the systematic campaign launched by some suspicious pages to target the presidencies, ministries, and state institutions, and prosecuting their perpetrators in accordance with the provisions of the law.
The meeting also touched on the government measures taken in the financial aspect, in order to ensure the financing of ministries and governorates from the investment budget and the regional development budget, in addition to preparing the appropriate environment and logistical requirements for the Independent High Electoral Commission, to begin its preparations for the parliamentary elections scheduled for next year.
The attendees stressed the importance of conducting the population census as a developmental goal for the country, on which economic and social policies, plans and programs depend.
The overall situation on the regional scene was also discussed, as well as the developments of the Zionist aggression on Palestine and Lebanon, and the efforts made to contain these attacks, and enhance the unity of the political position towards protecting Iraq and its people from any possible escalation.
Drones launched from Lebanon directly hit Netanyahu's residence in Caesarea
The Israeli Prime Minister's Office announced today, Saturday, that a drone was launched from Lebanon and directly hit Benjamin Netanyahu's home in Caesarea, north of Tel Aviv.
Channel 12 reported, citing a source in Netanyahu's office, that the prime minister and his wife were not at their home in Caesarea at the time of the drone explosion.
This comes after the Hebrew website "Ynet" reported today, Saturday, that the target of the marches launched this morning from Lebanon was the residence of Israeli Prime Minister Benjamin Netanyahu in Caesarea, north of Tel Aviv.
A drone launched from Lebanon directly hit a house in Caesarea, without giving any warning, and two other drones that crossed from Lebanon were intercepted.
Sirens sounded as drones crossed into the area, in a series of settlements from the Upper Galilee to Haifa, without any warnings.
The Israeli army said in a statement: "In the past hour, three drones were identified crossing from Lebanon into Israeli territory. Two of the drones were intercepted, while another drone struck a building in the Caesarea area. No injuries were reported."
The army confirmed that "during the incident, sirens were activated at the Glilot military base, and the presence of additional enemy aircraft in the area was ruled out."
The police reported that "an enemy plane entered the Caesarea area, where an explosion was heard as a result of its crash. According to medical sources, no injuries were reported, while police officers in the coastal area continue to conduct surveys to remove the dangers."
Channel 12 quoted a Caesarea resident who witnessed the explosion as saying: "We heard helicopters overhead and felt that something was happening, but the alarms were not activated so we were not afraid. Suddenly, a loud explosion was heard in the area. At that moment, we understood unequivocally that there was a real event here without warning. It was very stressful and worrying. Fortunately, there were no injuries."
Activists on social media circulated photos that they said indicated that the target of the march was indeed Netanyahu's residence.
Blinken in the Middle East next Tuesday
US Secretary of State Anthony Blinken will arrive in the Middle East next Tuesday, on a new tour that includes several countries, including Israel.
The American website "Axios" quoted an Israeli official as saying that "Blinken will arrive in Israel on Tuesday on a visit that includes several other countries in the Middle East."
According to the official, the goals of Blinken's tour of the region include trying to renew negotiations on the hostage deal, promoting the Day After plan in Gaza, the war in Lebanon, and discussing the expected Israeli response to Iran .
US President Joe Biden announced on Thursday that he would send his Secretary of State to Israel to try to push for a ceasefire in the Gaza Strip after the killing of Hamas leader Yahya Sinwar.
yesterday
Specialized course in the work of exchange and brokerage companies (A, B, C)
A specialized course in the work of exchange and brokerage companies (A&B&C)
Greetings... With reference to the circulars of the Directorate of Supervision of Non-Banking Financial Institutions Nos. 3/3/33 and 15/3/33 dated 1/21 and 3/13/2024 obligating your companies to obtain a specialized certificate in the work of exchange companies and mediation in the sale and purchase of foreign currencies granted exclusively by this center. In view of the many requests received by us, it was decided to hold a training course entitled the subject of the research for the period from 27 - 31/10/2024 for the fifth batch of 2024 according to the details listed below: 1- Target group: Administrative positions: Managing Director, Branch Manager, Compliance Unit Manager, Director
Money Laundering Unit, Director of Control and Audit and their assistants. - Training duration: Five days, thirty training hours, starting at 8:30 am and ending at 2:30 pm.
- Course location: In-person at the Central Bank of Iraq / Grand Hall (Theater). - Participation Certificate: The participant will be granted a participation certificate issued by the Central Bank of Iraq / Center for Banking Studies after completing the training period referred to in paragraph (2) above and passing the test, which will be in-person and will be determined later.
Participation fees: 200,000 dinars (two hundred thousand dinars and no more) for each participant. We are authorized to deduct it from your account in Iraqi dinars opened at the banks with which your companies deal, pursuant to a letter.
Issued by you, stating the account details. Please notify your candidates whose names are listed in the attached list. With appreciation.
Government advisor identifies 4 directions to revitalize the private sector in Iraq
Saleh told Al Furat News Agency: “The funds allocated to development funds can be greatly utilized to stimulate the private sector in Iraq, especially in light of major projects such as the Grand Faw Port and the Development Road.”
He said, "These projects represent strategic opportunities to stimulate economic growth and attract investments, and they also contribute to improving infrastructure and making Iraq an important center for maritime and land trade in the region."
Saleh pointed out that development funds can direct part of their investments to:
1 - Infrastructure supporting the private sector: through financing road, railway, port and airport projects, which contribute to improving the business environment and facilitating transportation and shipping operations.
2- Financing small and medium enterprises: Encouraging the growth of these projects through financial facilities such as soft loans or providing guarantees, which contributes to creating job opportunities and improving the local economy.
3- Investing in technology and innovation: Supporting the development of the private sector’s technical capabilities by financing research and development and encouraging companies to adopt new technologies that improve productivity and efficiency.
4- Developing the logistics sector: Providing financial support for logistics projects that contribute to supporting the port of Faw and linking Iraq to regional and international markets.
5- Stimulating the industrial sector: Allocating funds to develop national industries, especially those related to energy, manufacturing industries, and petrochemicals, to expand the local production base and enhance its competitiveness in global markets, noting the importance of the five industrial cities and economic zones proposed to be established on the path of development and their role in this regard.
The Prime Minister's Advisor stressed that "thanks to these initiatives, Iraq will be able to revitalize the private sector and make it a major partner in economic development and achieve maximum benefit from its strategic geographical location."
A new law to reform the Iraqi economy.. Will it achieve aspirations?
The economic system in Iraq faces increasing challenges that require firm legislative measures to reform the current situation and achieve a qualitative shift in the national economy. In this context, a new law is being prepared within the Council of Representatives, which is expected to be voted on in the coming period.
The law, which was referred to the parliamentary economic committee months ago, covers all economic aspects of the country, and several workshops have been organized in cooperation with businessmen, industrial experts and economists to ensure a comprehensive discussion of its provisions and to identify the points that should be focused on in the final amendment of the law.
The committee’s deputy chairman, Yasser Al-Husseini, said: “The law reached the House of Representatives in general and the Economic Committee in particular months ago, and it includes all laws that include the economic aspect.”
He added, “The committee held many workshops at all levels, whether for businessmen or industrial and economic experts,” stressing that “the committee is proceeding with reading this law and working to vote on it during the next phase in cooperation with other specialized committees.”
The figures indicate that the economic sector in Iraq suffers from many challenges, most notably technological obsolescence and dilapidated infrastructure, which makes it urgent to have legislation that encourages various investments and clearly defines the partnership between the public and private sectors.
An important step
. In turn, the expert in economic affairs, Abdul Salam Hassan, said, “This law is an important step on the path to economic reform, but it will not achieve the desired results without including specific provisions that focus on developing the productive sectors, most notably the industrial and agricultural sectors, and reducing dependence on oil revenues as a primary source of national income.”
Hassan added in a statement to “Iraq Observer” that “it is also necessary for the law to include measures that ensure stability in the market and facilitate the investment environment by simplifying the legal and bureaucratic procedures facing investors, in addition to providing real guarantees to protect the rights of investors, whether they are local or foreign.”
Experts also stress the need for the new laws to take into account the establishment of strict control mechanisms to combat financial and administrative corruption, and to ensure a fair distribution of resources between the various sectors and regions of Iraq.
These laws must also include stimulating the private sector to be a strong partner in the development process, by providing tax facilities and granting easy investments, in order to create an encouraging economic environment.
After a cautious calm... a sudden state of alert was imposed in "Ain al-Assad" in Anbar
Ain al-Assad Air Base, where US forces are stationed, entered a state of sudden alert today, Friday (October 18, 2024), with intensive helicopter flights in the skies of the base.
An informed source told Baghdad Today, "This afternoon, Ain al-Assad Air Base in Anbar Governorate witnessed the sudden imposition of strict security measures, with intensive flying of helicopters in the skies of the base," stressing that "these measures included the western, northern and southern parts of the base, where the security towers were observed on alert."
He added, "The reasons for this sudden mobilization are not precisely known, but the announcement of Sinwar's martyrdom may be one of the possible reasons for this mobilization, but the matter remains not precisely confirmed," ruling out that "it is within a training framework."
The source explained that "such measures are usually taken based on directives from senior leadership, whether in Washington or the main headquarters in the Arabian Gulf," noting that "sudden alerts come when something is expected to happen."
On the 10th of this month, an informed source reported that the Ain al-Assad base suddenly abandoned the state of maximum alert without prior warning, indicating that the situation is very normal and that the motives behind these changes are not known, but they may be a plan or based on an order from Washington to remove the danger.
Israel reveals its desires after Sinwar's departure: We seek to return the prisoners without compensation
US National Security Spokesman John Kirby revealed today, Friday (October 18, 2024), that there are American efforts to resume peace talks between Palestine and Israel, indicating that the latter wants to return the prisoners without compensation.
Kirby said in statements to the BBC, translated by "Baghdad Today", that "Israeli Prime Minister Benjamin Netanyahu demanded the full release of prisoners without offering anything in return to Hamas, refusing to withdraw from the Gaza Strip," explaining that "his current position does not necessarily represent the starting points on which the upcoming peace talks will be held," according to his description.
He added that "Hamas must do the right thing and release the hostages in full," noting that "Netanyahu's statements about refusing to withdraw from the Gaza Strip or cease fire will not lead to progress in the hostage release talks."
It is noteworthy that the Israeli regime announced the "imposition of a complete blockade" on northern Gaza, thus preventing humanitarian aid from reaching the residents trapped in the completely destroyed Strip.
After the assassination of Sinwar... Postponement of the "indirect" dialogues between Washington and Tehran in Baghdad
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An informed source revealed, today, Friday (October 18, 2024), the postponement of the "indirect" dialogues between Tehran and Washington in Baghdad after the assassination of Yahya Sinwar.
The source said in an interview with "Baghdad Today", "Until yesterday afternoon, all the expectations confirmed that indirect negotiations between Tehran and Washington through Iraqi elites were proceeding according to what was planned for them, but after confirming the assassination of Sinwar in Gaza, everything changed."
He added, "It seems that the American delegation received a call from Washington, prompting it to delay any negotiations, but to remain in Baghdad for some time until the picture becomes clear."
The source pointed out that "the American delegation has not made any contacts with the Iraqi elites since the assassination of Sinwar yesterday until now, and it seems that there are changes in the manner of the upcoming negotiations and perhaps they may be delayed," stressing that "the delegation did not provide any explanations and was content to remain silent."
An informed political source reported earlier that the first round of indirect talks between Tehran and Washington was to be held in Baghdad on Thursday evening, noting that the past hours witnessed rapid movement to hold the first round of indirect talks between Tehran and Washington through the mediation of high-level Iraqi elites, in an attempt to find hotlines between the two sides via Baghdad, to ensure the transmission of messages and avoid further tension in the Middle East, especially with Israeli threats to target Iranian depth.
He explained that the American side is ready to hold this round, but is waiting for the green light from the Iranian side, noting that both parties are aware of the sensitivity of the situation, and that holding these talks, even indirectly, may lead to mutual steps to ease tensions and try to prevent things from slipping into a comprehensive war.
Following the killing of Sinwar, Netanyahu holds a security meeting to discuss the "prisoner deal"
Hebrew media revealed, today, Friday (October 18, 2024), that Israeli Prime Minister Benjamin Netanyahu will hold a special security meeting today with the participation of government ministers and security officials in Tel Aviv following the assassination of the head of the political bureau of Hamas, Yahya Sinwar.
She added that the meeting will discuss the prisoner swap negotiations in light of Sinwar's killing.
The Washington Post quoted diplomats familiar with the negotiations as saying that “Sinwar was not the only obstacle to a ceasefire in Gaza, stressing that Netanyahu had repeatedly obstructed the agreement since last June by setting new demands, and that Hamas remained supportive of the agreement proposed by US President Joe Biden before Netanyahu included new demands.”
According to the Washington Post, ceasefire talks have stalled in recent weeks.
The Israeli army announced yesterday evening, Thursday, October 17, 2024, the assassination of the head of the political bureau of the Hamas movement, Yahya Sinwar, after a full year of pursuing him.
Israeli Prime Minister Benjamin Netanyahu confirmed Sinwar's death, saying in a press conference, "The person who committed the most horrific massacre in the history of our nation has been eliminated, but the war is not over yet and we must recover the kidnapped."
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