Clare: The Prime Minister launches the implementation of three factories of the Union Company in Babil Governorate to produce transformers.
6/18/2025 Baghdad –
Prime Minister Mohammed Shia al-Sudani launched today, Wednesday, the implementation works of three factories of the Union Company in Babil Governorate.
The Prime Minister’s media office stated, in a statement received by the Iraqi News Agency (INA), that “Prime Minister Mohammed Shia al-Sudani launched the implementation works of three factories of the Union Company in Babil Governorate, to produce transformers, electrical cables, and smart meters.” LINK
Clare: Under the TIR Agreement, Customs: An international shipment transits from the UAE to Poland via Iraq.
6/18/2025 Baghdad –
The General Authority of Customs announced, on Tuesday, the transit of an international shipment from the UAE to Poland, passing through Iraqi territory, within the framework of the TIR Agreement
A statement by the Authority, received by the Iraqi News Agency (INA), stated that “the General Authority of Customs announced the transit of an international commercial shipment coming from the Emirate of Ras Al Khaimah in the United Arab Emirates and heading to the Republic of Poland, passing through Iraqi territory, within the framework of the implementation of the International Transport of Goods (TIR) Agreement.”
The statement explained that “the shipment entered Iraq through the Trebil border crossing with the Hashemite Kingdom of Jordan, and continued its way through Iraqi territory to exit from the Ibrahim Al Khalil border crossing towards Turkey, and then to its final destination in Poland.”
The statement stressed that “the tracking process was carried out using the GPS system throughout the shipment’s transit period inside Iraq, without recording any delays or errors, in a step that reflects the effectiveness of the customs control system and the development of technical procedures.”
Director General of the General Authority of Customs, Thamer Qasim Dawood, stated, according to the statement, that “this crossing represents a clear indication of Iraq’s commitment to implementing international agreements and reflects its advanced position as a vital trade corridor in the region.” He pointed out that “the Authority continues to support trade exchange in accordance with international best practices.”
Dawood added, according to the statement, that “this achievement comes with direct support from the Prime Minister and the Minister of Finance, and embodies the government’s efforts to strengthen customs infrastructure and facilitate cross-border transport operations to serve the country’s economic interests.”
For his part, the head of the Transit Department at the General Authority of Customs confirmed, “We work daily to facilitate the movement of transit shipments and ensure their flow within the approved legal and technical frameworks.
This crossing has constituted an integrated model for port cooperation and the implementation of an electronic tracking system, which enhances the confidence of international partners in transit routes within Iraq.” LINK
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Article quote: “…representatives called…to ban cash payments within the government institutions…This means 80% of paper money will be transferred to cards…These steps should be implemented increasingly to move cash out of homes and pockets and into banks.” They’re trying to and have been for quite a long time reducing the cash in circulation which is a good thing.
Frank26 Article: “The Iraqi Ministry of Finance announces the cessation of paper currency in all financial transactions and the adoption of electronic payment methods as the sole option for processing payments and revenues in government institutions” GOING DIGITAL PROTECTS THE NEW EXCHANGE RATE! This is all fantastic.
‘Zombie’ Collapse Warning: $2 Trillion Private Credit Bubble Danger | Clem Chambers
David Lin: 6-18-2025
0:00 – Intro
0:39 – World War 2.5
3:42 – Defense stocks
5:42 – European militarization
8:52 – Leadership
10:15 – Iran-Israel
12:58 – Market pricing of geopolitical risk
15:46 – Portfolio positioning
18:44 – Private credit and zombies
28:15 – Bitcoin
36:02 – Investment advice
https://www.youtube-nocookie.com/embed/23DB88yEdvc?feature=oembed&enablejsapi=1
