KTFA – More News, Rumors and Opinions Sunday Afternoon 4-7-2024

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Clare:  The Council of Ministers holds its regular session today instead of Tuesday due to the Eid al-Fitr holiday

4/7/2024   Baghdad – 

Today, Sunday, the Council of Ministers held its regular session under the chairmanship of Prime Minister Muhammad Shiaa Al-Sudani. The session was postponed from its scheduled date every Tuesday due to the Eid al-Fitr holiday.

A statement from Al-Sudani’s office, a copy of which was received by 964 Network:

The Council of Ministers holds its regular session under the chairmanship of the Prime Minister, Mr. Muhammad Shiaa Al-Sudani, which was postponed to its scheduled date due to the Eid Al-Fitr holiday.   LINK

Clare:  Al-Sudani confirms to Plasschaert that Iraq has completed many of the requirements for transformation and the completion of its constitutional institutions

4/7/2024

Prime Minister Muhammad Shiaa Al-Sudani confirmed today, Sunday, to the United Nations representative that Iraq has completed many of the requirements for transformation and the completion of its constitutional institutions, which was documented by recent UN reports.

His media office stated in a statement received by {Al-Furat News}, that “the latter received the Special Representative of the Secretary-General of the United Nations in Iraq, Jeanine Plasschaert, and during the meeting, the relationship between Iraq and the United Nations was discussed, and the most prominent files and programs in which the United Nations organization is working to support Iraq.” And in various fields.” 

The Prime Minister confirmed that Iraq has completed many of the requirements for transformation and the completion of its constitutional institutions, which was documented in recent international reports, pointing to the importance of continuing cooperation between Iraq and the United Nations agencies operating in Iraq, with their various activities.LINK

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Clare:  TAKE NOTE OF THE IRAQI FLAG

THE NEXT ASCENSION DAY ON WTO CALENDAR IS MAY 9TH

https://www.wto.org/english/news_e/events_e/events_calendar_view_e.htm

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Don961:  Al-Rafidain announces the launch of the comprehensive banking system

Economy | 09:07 – 04/06/2024   Mawazine News – Baghdad 

Al-Rafidain Bank announced, on Saturday, the launch of the comprehensive banking system in the branches of Al-Waziriya and Al-Ma’rifa in Baghdad and Al-Shuhada in Holy Karbala.

He stated to the Bank in a statement received by Mawazine News, that “the plan for digital transformation and adoption of the comprehensive banking system is proceeding according to the set timings to include all branches of the bank with the application of the system.”

He pointed out that “one of the priorities and objectives of the government program is electronic transformation in financial transactions, reducing episodes of red tape for citizens, and reducing time and effort in completing citizens’ transactions.”   LINK

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

Samson  Article: ”WTO – ACCESSIONS – MAY 9th, 2024 – Includes Iraq

Frank26  [Iraq boots-on-the-ground report]   FIREFLY:  Have not seen any of it on the news today about the lower notes that are going to be distributed in May…However there are a lot of rumors saying it was something out here today.  We have not seen yet but we are looking… FRANK:  There are many rumors about the monetary reform right now.  Yes there seems to be a rumor about the lower notes…let’s see what happens this coming week.  Let’s see how things start to unfold. 

CORNERED: Japan Faces Painful Currency Collapse As Cheap China Exports Grabs Market Share

Sean Foo:  4-5-2024

Japan’s economic gloom is getting worse. The end of yield curve control or negative interest rates has exposed the reality of the economy.

Because of overwhelming debt, the Bank of Japan is trapped and has to save a collapsing Yen. But dumping tons of dollars won’t change Japan’s structural problems which include a competitive China and higher US interest rates.

 Here’s what you must know!

Timestamps & Chapters

: 0:00 Japan’s Economy Is Trapped

 2:47 China Cheap Exports Nightmare

5:53 Japan Consumer Collapse

8:44 A Pointless Dollar Dump

11:55 Investment Leaving Japan