Dinar Recaps

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“Tidbits From TNT” Friday Morning 1-10-2025

TNT:

Tishwash:  Al-Sudani receives a call from the Pope

Prime Minister Mohammed Shia al-Sudani received a phone call today, Thursday, from the Pope of the Vatican, His Holiness Pope Francis, who invited al-Sudani to participate in the World Leaders Summit on Children's Rights, which the Vatican is organizing next February, on the occasion of World Children's Day.

A statement from Al-Sudani's office stated that the latter referred to the close relations between Iraq and the Vatican, the common positions on rejecting conflicts and wars, and strengthening efforts to establish security in the world.

For his part, His Holiness the Pope praised Al-Sudani's efforts to calm the situation and his ongoing dialogue with the countries of the region, in order to reduce tension and end conflicts, which contributes to establishing regional stability and security. link

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Tishwash:  Economist: Electronic financial transactions save Iraq from cash shortage

Economic researcher Diaa Abdul Karim said on Thursday that the shift towards electronic financial transactions and generalizing this to all government and private transactions will save the country from a shortage of cash.

Abdul Karim told Al-Maalouma, “Most countries in the world, and Europe in particular, have moved towards electronic financial transactions, such that the culture of dealing with electronic cards in buying and selling in various sectors has been created in society, and even With the decline of its economy, it will not suffer financially because its financial transactions are electronic.”

He added, "These transactions make it unnecessary for governments to print currency continuously, as this process is financially costly. Iraq prints some denominations domestically and other denominations of currency are printed abroad, and printing them costs the financial value of this currency."

He explained that "the move towards electronic transactions requires intensive education in order to withdraw the cash mass from the street and to transform transactions, especially large amounts, through electronic cards. Consequently, the citizen will not be forced to withdraw large amounts from banks in order to buy a property, a car, etc., but will use his card to transfer money to the other party, which ensures the safety of financial transactions and prevents the cash mass from being wasted and taken out of the banking framework.”  link

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Tishwash:  Rashid and Al-Mandlawi confirm coordination to legislate and approve laws that have direct relevance to citizens’ lives

Today, Thursday, the President of the Republic, Abdul Latif Rashid, and the Deputy Speaker of Parliament, Mohsen Al-Mandalawi, confirmed coordination to legislate and approve laws that have a direct impact on the lives of citizens.

Al-Mandalawi's office stated in a statement received by Al-Youm Al-Akhbariya that the latter "met today, Thursday, in Baghdad, with the President of the Republic, Abdul Latif Jamal Rashid, and during the meeting, the latest developments in the political, security and economic situations on the domestic and international arenas were discussed.

" He added that "the meeting discussed ways to expand the frameworks of cooperation and coordination between the Council of Representatives and the Presidency of the Republic in order to legislate and approve laws that have a direct impact on the lives of citizens."

He continued: "The meeting also discussed the efforts made by the government at the service level and the importance of supporting the reconstruction process and rehabilitating and developing the infrastructure in a way that achieves the aspirations of the people for a safe and stable life." link

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Tishwash:  Kurdistan Region President to visit Baghdad next week

Kurdistan Region President Nechirvan Barzani is scheduled to travel to Baghdad next week, an official said.

“Barzani will participate in a meeting of the State Administration Coalition (SAC),” Dilshad Shihab, spokesperson for the Kurdistan Region Presidency, told Shafaq News Agency.

No additional details were provided regarding the visit or the agenda of the coalition meeting.

SAC was established following Muqtada Al-Sadr’s withdrawal from politics, it comprises mainly the Iran-backed Shiite Coordination Framework, the Kurdistan Democratic Party (KDP) led by Masoud Barzani, and the Sovereignty (Al-Siyada) led by Khamis al-Khanjar, along with Taqadum alliance, and the Patriotic Union of Kurdistan.

The coalition outlined goals such as combating corruption, implementing reforms, rebalancing Iraq’s regional and international relations, revising the electoral commission system, and promoting consensus among Iraqi factions.

The Coalition also choose PM Mohammed Shia Al-Sudani for the premiership.  link

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Mot: . I Finded it I Did!! -- the Road to da RV!!!!

Mot: Some Day ""Earl"" 

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