More News, Rumors and Opinions Sunday PM 11-3-2024

04/11/2024

Clare: Governor of the Central Bank of Iraq meets with employees of the Erbil branch

November 03, 2024

His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, visited the bank’s branch in Erbil.

His Excellency the Governor inspected some departments in the branch building, where he was briefed on the progress of their work and the achievements of the branch.

His Excellency the Governor directed the need for cooperation and work on stimulating financial policies to advance the banking sector and the services provided by banks to citizens, in addition to making observations on the need to intensify efforts to enhance the capabilities of banking work.

His Excellency urged the branch employees to provide the best banking services to the residents of the geographical area supervised by the branch, directing the need to strengthen the supervisory and regulatory position of the Central Bank over banks operating in the Kurdistan Region of Iraq.

Central Bank of Iraq
Media Office
November 3, 2024 LINK

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Henig: Sudani and Mashhadani stress the importance of cooperation between the legislative and executive authorities

Political | 06:12 – 03/11/2024 Mawazine News – Baghdad Prime Minister Mohammed Shia al-Sudani and Parliament Speaker Mahmoud al-Mashhadani stressed on Sunday the importance of cooperation between the legislative and executive authorities.

According to a statement by his office received by “Mawazine News”, that “Prime Minister Mohamed Shia Sudani, met on Sunday, Speaker of the House of Representatives Mahmoud Al-Mashhadani.” Al-Sudani extended his congratulations to Al-Mashhadani on the occasion of his election as Speaker of the House of Representatives, stressing that “the achievement of this important constitutional entitlement enhances political and social stability, and consolidates the democratic choice of all political forces.”

The Prime Minister stressed “the importance of cooperation between the executive and legislative authorities, and integration in their work in order to complete the requirements of the government program, in a way that contributes to meeting the aspirations of our people in various fields.”

https://www.mawazin.net/Details.aspx?jimare=256340

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Courtesy of Dinar Guru: https://www.dinarguru.com/

Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is saying now the currency auctions were a mistake and the dinar should be link to a basket of currencies. They say it’s the best thing for our economy. FRANK: This monetary reform education is off the hook isn’t it?! They’re telling them constantly. It won’t stop!

Nader From The Mid East I read an article about the oil price …Remember I told you the oil price is $70. It’s really wrong…The Chairman of the CBI comes out and says, hey, we need to change the price of oil from $70 to $40 because they know the oil can reach $50 or $60 on the prices. In the budget if you put oil at $70, couple months from now you’re losing especially when the war ends…Oil for sure going to go down. The next step on the oil prices will be $40 in the budget. That’s very good because they know they’re going to change the rate and they want oil price in the budget works with the rate.