Bondlady’s Corner

Iraqi News Highlights Wednesday Evening 4-12-23

Tlm724 Administrator Bondlady’s Corner

They Started Not Thinking About The Dollar.. Thinking Gold..!

April 10 13:46  Sami Jawad Kazem  Books / Sami Jawad Kazem

Where does the power of the state lie?

There are several joints that indicate the strength of the state, the most important of which is the economy and the economy is linked to the national currency, the strength of the state when its currency is fixed and is not affected by the events that take place locally or globally, strength when the state has the people’s strength if the world is exposed to a crisis, strength when there is no currency market in Al-Kifah Street Shorja and the citizen does not exchange his foreign currency.

Some countries have begun to consult with each other to have their balance of gold instead of the currency of the dollar, and this is a step in the right direction. In the market, its price exceeded 155 thousand, which is the price traded among traders.

It is not right to be associated with any country in a way that affects our economy.

Rather, it is correct to deal with everyone in an exchange of interests.

Yes, globally, Europe began before Asia to get tired of American politics, and

because politics is all hidden, and the hidden, as Kissinger says about it, is that it is not a service association, but a malicious association.

One day you don’t think that China or Russia are better than America, because every country has its interests first, so why not our interests first?

Another very important aspect is the culture of the people and to what extent is self-restraint, that is, to be patient with what we have become accustomed to in terms of foreign goods if they are prevented from us, and

when we all enter our markets, they are full of foreign goods and the

local ones do not exceed 10% of the total, so the

blockade is this dirty method What America and those with it are adopting has become a reality, and all countries of the world must develop alternatives.

The Saudi-Iranian relations took a part from this Zionist-American concern, first and secondly, that the American economic weight relies on Saudi oil. If Saudi Arabia says no to the dollar, know that the American economy will collapse.

Do you remember the killing of black George Floyd at the hands of a white police officer?

The reason was that the owner of a supermarket suspected that a twenty-dollar coin was counterfeit.

It means that in America there are those who counterfeit twenty, ten, and even dollars, and this, if it indicates anything, indicates the weakness of the intelligence side. The high level of poverty line.

To the Iraqi government, you have to

strengthen your balance of grain through agriculture, the establishment of

silos, and the

sale of oil for grain and not for dollars, because

we have a balance of these grains that make us not affected if the world is exposed to a crisis.

Of course, this approach does not mean neglecting the rest.

Yes, let the Iraqi banks have all the work Dollar Euro Pound Pound Mark Ruble Gold

It’s a sign of strength.

We used to hear and repeat the phrase (agriculture is permanent oil).

Yes, it is like that, and it is the source of strength for any country.

We have an example of the country that exports its agricultural and animal products to us.

Our markets are full of them. Are we unable to do the same?

Iran used the method of self-sufficiency and was able to stand up to the blockade, or was its impact on Iran not to the degree that America wanted?

Yes, the Iranian economy was affected by that, but it preserved its agricultural products that the Iranian citizen could obtain.

When the Qatari-Saudi relations were affected, Iran stood with Qatar and exported various foodstuffs to it, while it is also a besieged country.

From here, the Iraqi government must pay attention to the future.

The dollar is not a sign of strength, but rather a loaf of bread is a sign of power.

When the phenomenon of selling paper in the markets disappears, then the state is strong.بدأوا-لا-يفكرون-بالدولارتفكير-ذهب

Al-Sorji: Selling Oil Through SOMO Will Achieve Transparency And Generate Large Revenues

Today 09:19    Information / Baghdad…A member of the Patriotic Union of Kurdistan, Ghiath Al-Sorji, confirmed that

selling oil through the SOMO company will bring large revenues to the country, pointing out that

the regional government sells oil at about $10 less than the market price, in addition to the lack of transparency in this file.  Al-Sorji told Al-Maalouma,

“The policy of the Patriotic Union of Kurdistan, since the extraction and export of oil, stresses the need to export oil through the SOMO Oil Marketing Company, as well as the revenues through the federal government.”  He added,

“There is a lack of transparency in the export of oil and revenues for selling it across the region, as the Patriotic Union of Kurdistan welcomes the recent decision regarding oil exports, which will be handled by SOMO.”  And that

“exporting oil through the SOMO company, transparency will be present, and the selling price will differ from what was sold through the region, as

the Kurdistan government was selling oil at less than the market by about $10, and

therefore selling through SOMO will generate additional revenues.” ended 25 nالسورجي:-بيع-النفط-من-خلال-سومو-سيحقق-الشفافية-وسيعود-بإيراد

Parliamentary Finance: An Agreement To Diversify Iraq’s Revenues And Reduce Dependence On Oil

Today:  Information / special.  A member of the Parliamentary Finance Committee, Representative Mudar Al-Karawi, confirmed, on Wednesday, that there is an agreement to support an ambitious plan to diversify Iraq’s annual revenues.

Al-Karawi said, in an interview with Al-Maalouma, that

“the survival of oil as a main source for Iraq’s budget has become a very dangerous matter, with the repeated deterioration in the global energy market and the fluctuation of its prices from time to time, which constitutes great difficulties in paying financial dues.”  He added,

“The Finance Committee will begin a realistic study during the coming days of the file of diversifying Iraq’s revenues, and

there is an agreement to support this step, especially since we have other important sources, whether crossings or others, that can constitute large numbers in the annual budget.”  He pointed out that

“reducing the share of oil in the budgets of the coming years is a necessity to create high flexibility in the face of fluctuations in the international crude oil selling price market.”

Iraq relies to a large extent on the sale of crude oil to secure its annual revenues and pay salaries and other dues. 25 p.m. endedالمالية-النيابية:-اتفاق-على-تنويع-ايرادات-العراق-وخفض-الاعتم

The Governor Of The Central Bank Of Iraq’s Meeting With The US Treasury Department And The Federal Bank In Washington, DC

The Governor of the Central Bank of Iraq, Ali Al-Alaqq, met, on Friday, February 10th, 2023, with the US Treasury Department and the Federal Bank in Washington, DC.  The two parties expressed their willingness to work jointly to meet the challenges of working with the

electronic platform for cash and money transfers, in addition to

supporting the Bank’s economic reform efforts and the

US Treasury’s readiness to provide the required support.

The attendees listened to a presentation by the Governor of the Central Bank of Iraq regarding the Bank’s directions, options, and proposals to ensure market stability

within the requirements of the US Federal Reserve and international banks.


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