More News, Rumors and Opinions Wednesday PM 9-11-2024

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Clare:  Al-Sudani directs to suspend official work next Sunday on the occasion of the Prophet’s birthday

9/11/2024

Prime Minister Mohammed Shia Al-Sudani directed to suspend official work next Sunday on the occasion of the Prophet’s birthday.

Al-Sudani also directed, during the Cabinet session today, Tuesday, the ministries to interact with the Iraq Investment Forum early next November.   LINK

Clare:  Iraqi Oil holds expanded meeting with ALEXANDROS JV in the United States

9/11/2024

On Tuesday, the Iraqi Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul-Ghani Al-Sawad, received a delegation from the ALEXANDORS JV company, specialized in refining, on the second day of his visit to the US state of Houston. 

The company’s delegation was headed by Ghassan Hanoudi, Executive Vice President for Middle East Affairs.

The Ministry of Oil stated in a statement received by Shafaq News Agency that the expanded meeting held between the two parties witnessed a review of the reality of the refining and refining sector in Iraq, where the achievements made and the increase in production capacities of petroleum derivatives were highlighted, which reached levels of achieving self-sufficiency for some important petroleum products for local consumption.

The Minister also stressed the Ministry’s keenness to improve the quality of production and increase its rates through future development projects and plans.

The ALEXANDORS JV delegation also included Mike Sarafa, the company’s legal advisor, Jeff DeRosia, energy director, Leon Saucir, energy operations director, and Saad Siham Al-Mudarris, strategic advisor for Middle East affairs.

The meeting was also attended by the Undersecretary of the Ministry for Gas Affairs, Izzat Saber, the Iraqi Ambassador to the United States, Nizar Al-Khairallah, the Advisor to the Prime Minister, Falah Al-Amiri, the Director General of the Southern Refineries Company, Hussam Hussein, the Director General of the Department of Studies, Planning and Follow-up, Nasir Aziz, and the Director General of the Economic Department, Alaa Al-Yasiri.

The ministry indicated that the meeting comes within the framework of enhancing cooperation between Iraq and ALEXANDORS JV and developing the refining and refining sector in line with the future strategies of the Iraqi Ministry of Oil.   LINK

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Clare:  Pezeshkian: The MoUs signed today represent a new start for cooperation between the two countries

9/11/2024

Iranian President Masoud Pezeshkian considered, on Wednesday, the memoranda of understanding that his country concluded with Iraq as a new start for cooperation between the two sides.

“We agreed to form a team of experts from both countries to develop long-term strategic plans that establish close cooperation to exploit available opportunities. To achieve this goal, we need to activate agreements between the two countries,” Pezeshkian, who is visiting Iraq, said in a press conference with Prime Minister Mohammed Shia al-Sudani.

He added: “We need to conclude security agreements in order to cooperate with each other to combat ISIS terrorism and smuggling. The agreements concluded so far have achieved good results, and we need to diagnose the weak points of these agreements.”

The Iranian president said: “We want a strong, stable, secure and independent Iraq, and in the presence of a secure and prosperous Iraq, we will be able to build fraternal relations between the two countries.”

Regarding his visit, Pezeshkian said that it “represents a great opportunity, and based on what was agreed upon, the two parties will hold specialized meetings to continue concluding new agreements.” LINK

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

Militia Man   “…Understanding between the Iraq Federal Government and the Kurdistan Regional Government…”  You have two entities coming together…They had a lot of turmoil in the past…  Now they’ve come to an agreement…A huge delegation from Iraq has gone to the Kurdistan region – The highest executive authorities in Iraq, the Ministerial Council of Economics…Planning, Trade, Interior, Central Bank of Iraq, legal…finance, oil department.  The whole list was immense…with their counterparts from the Kurdistan region…working it out, which reeks of national reconciliation…If they get National Reconciliation I can see Iraq is going to go so far.  It’s phenomenal…Reconciliation is historic.

Frank26   Alaq, he’s back.  He got back Friday…Where’d he go?  Straight to Erbil…By the way, he’s happy…He’s got pep in his step…I’d be on cloud 9 right now too because of what they are about to give you [Iraqi citizens], the purchasing power.  Your economic reform is going to explode in a nuclear fashion.  Your country is poised to lead the world with its new monetary reform.  The beauty is the whole world knows it.  And the whole world wants it badly.

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China Just Helped Iran & Russia By Selling All Of Their US Treasury!

Tech Beat:  9-11-2024

In this video, we look at China’s recent geopolitical maneuver of selling off its U.S. Treasury holdings, and how this decision is expected to help important global actors such as Iran and Russia.

As tensions between the United States and these countries continue to escalate, China’s desire to minimize its reliance on US financial assets may tilt the balance of power in international relations. We examine the reasons behind China’s selling of US Treasuries, ranging from economic strategy to political leverage, and how this affects the global financial landscape.

By reallocating these resources, China enhances its financial and geopolitical relationships with nations such as Iran and Russia, both of whom face severe US sanctions. This move also suggests a potential realignment of global alliances, with China at the forefront of a new economic order.

 Join us as we explore the broader ramifications of China’s financial moves, including what they may mean for the future of global politics, international trade, and the US economy.

We’ll also look at how these trends may reshape the geopolitical environment and affect relations between the East and the West in the next years. Don’t forget to like, share, and subscribe for more in-depth examination of global issues!

https://www.youtube-nocookie.com/embed/WObYDEwkhoo?feature=oembed&enablejsapi=1