Iraqi News Highlights Saturday Evening 12-31-22

Iraqi News Highlights Saturday Evening 12-31-22

Tlm724 Administrator Bondlady’s Corner

Central Bank: Continuous Measures To Control The Exchange Rate Of The Dollar

Economy News-Baghdad  Deputy Governor of the Central Bank, Ammar Hamid, confirmed that the bank is continuing its measures to control the exchange rate of the dollar.

Hamid said in a press statement, "The Central Bank has taken several measures to control the stability of the exchange rate, including those related to merchants and citizens. As for citizens, the dollar is sold directly for travel purposes, through banks and using the salary card to obtain a lower price, which is 1465."  He added, "Al-Rasheed and Al-Rafidian Banks launched an initiative to issue a dollar card at a value of 10,000 dollars at a subsidized price." Views 271  Added 12/31/2022 - 12:07 PM   Updated 12/31/2022 - 6:12 PM      https://economy-news.net/content.php?id=31611

Central Bank: Banks' Outlets For Selling Foreign Currency Will Be Doubled

Economie| 03:22 - 12/31/2022   Baghdad - Mawazine News   The Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, confirmed today, Saturday, that the high exchange rate is a temporary situation, while indicating that the outlets for selling the currency will be doubled.

The bank said in a statement, a copy of which Mawazine News received, that "the governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, conducted a field visit to a number of banks that began selling foreign currency."

The statement added, "The governor urged, during his meeting with bank departments, to facilitate the procedures for selling foreign currency to citizens wishing to obtain it for the purposes of travel, treatment, and others," noting that "the Central Bank of Iraq has taken a number of decisions that contribute to achieving stability in the foreign currency market."

He confirmed, according to the statement, that "bank outlets for selling foreign currency will be doubled to meet the needs of travelers, with the possibility of increasing the amount of the weekly quota allocated to banks."

Mukhaif described that "the rise in the exchange rate is a temporary situation that came after internal and external effects of applying international standards, as the bank succeeded in addressing it and minimizing its effects on the Iraqi economy, stressing not to raise public concerns about the rise in dollar exchange rates, and the need to take deterrent measures against speculators." , stressing that the situation in Iraq is much better than other countries and there is no room for comparison with it.

"During the tour, Mukhaif met a number of citizens who wanted to buy foreign currency," the statement added. It is noteworthy that "the Central Bank of Iraq took a series of decisions to return the foreign currency market to its normal position." https://www.mawazin.net/Details.aspx?jimare=215562

Al-Rafidain: Bank Branches Will Open Their Doors Tomorrow To Sell Dollars To Citizens

Economie| 12:02 - 12/30/2022    Baghdad - Mawazine News   Al-Rafidain Bank announced, on Thursday, that its branches will open their doors tomorrow to sell dollars to citizens.

And the bank stated in a statement, which Mawazine News received a copy of, that it “announces the continuation of the process of selling dollar currency to citizens during holidays for travel purposes, not exceeding 10 thousand US dollars per customer at a price of 1455 dinars per dollar deposited in the Master Card issued by Al-Rafidain Bank and from Through the branches of Palestine Street on the side of Al-Rusafa and the Arab neighborhood in Al-Mansour next to Al-Karkh.

He added, "The branches will open their doors on Friday 12/30/2022, Saturday 12/31/2023, and Sunday 1/1/2023." Ended 29/h    https://www.mawazin.net/Details.aspx?jimare=215458

Exchange Rates Of The Dollar Against The Dinar

Economie| 10:09 - 12/31/2022   Baghdad - Mawazine News  Today, Saturday, the exchange rates of the dollar witnessed stability in the local markets.  Selling price: 152,800 dinars per 100 dollars  Buying price: 152,700 dinars per 100 dollars   https://www.mawazin.net/Details.aspx?jimare=215539

Sudanese Advisor: The Government Program Addresses The Unilateralism Of The Economy And The Almost Absolute Dominance Of Oil

Economie| 11:08 - 12/31/2022   Baghdad - Mawazine News  , the financial advisor to the Prime Minister, Mazhar Muhammad Salih, identified, on Saturday, two directions for the essential features drawn by the government curriculum, and while calling for a reconsideration of activating the national strategy for the advancement of the private sector, he stressed that the government program addresses the unilateralism of the economy and the almost absolute dominance of oil.

Salih said in an interview with the official news agency, followed by Mawazine News, that "the essential features drawn by the government curriculum, which was approved by Parliament in October 2022, are moving in two directions within the scope of addressing the unilateralism of the economy and the almost absolute dominance of oil over the conduct of economic life in Iraq."

He added, "The first trend is represented in the field of public finance, which looks forward to the percentage of the contribution of oil revenues to total public revenues gradually falling from 93% to 80%, which requires accuracy and speed in obtaining public finances for smuggled tax assets, in addition to the availability of supportive policies for private activities that It contributes to maximizing levels of individual income and gross domestic product in general, and is the source of tax bases supporting public finances from non-oil revenues.

He pointed out that "the second trend is to actively spread the role of development funds funded by oil revenues, which the government program referred to in order to provide concessional financing that encourages development in the activities that the private sector contributes to its advancement, especially industrial, service, digital and agricultural activities, in a way that guarantees economic diversification." Gradually, the national economy will be freed from the bondage of oil unilateralism.

He continued: “I believe that it is necessary to reconsider the activation of the national strategy for the advancement of the private sector, which was adopted years ago, to ensure an increase in the contribution of civil activity to the gross domestic product, and to lift the productive private sector from its current situation, whose contribution to the annual national product does not exceed 35% to become 53%.” % during the stages of economic development, particularly in the current decade, provided that this strategy guarantees the reduction of unemployment and its rates from its current levels of two decimal places to become one decimal place at the acceptable natural fraction of unemployment in Iraq, which does not exceed 3% of the total economically active population or the total planned labor force or desirable. Ended    https://www.mawazin.net/Details.aspx?jimare=215544

Al-Rasheed Allocates 3 Branches To Issue A Master Card For Those Wishing To Buy Dollars

Local | 01:45 - 12/31/2022   Baghdad - Mawazine News  Al-Rashid Bank announced, on Saturday, the allocation of 3 branches to issue a Master Card for those wishing to buy dollars.

The bank said, in a statement, that "the main (Main / Raghba Khatoun / Yarmouk) branches in Baghdad have been allocated to issue a palm card for those wishing to buy the dollar, which was announced a few days ago, at the exchange rate (1465) dinars per dollar."

The statement indicated, "This card is issued for purchase purposes and to all interested citizens who do not have a credit card other than employees." https://www.mawazin.net/Details.aspx?jimare=215556

To read more current and reliable Iraqi news please visit BondLady’s Corner:

https://www.bondladyscorner.com/

New Year's Eve "Kicks and Grins" Posted by TNT Members 12-31-2022

TNT:

Mot:   A woman decided to give herself a big treat for her 70th birthday by staying overnight in a really nice hotel..

When she checked out the next morning, the desk clerk handed her a bill for $250.00.  She demanded to know why the charge was so high "I agree it's a nice hotel, but the rooms aren't worth $250..00 for just an overnight stay - I didn't even have breakfast!"  The clerk told her that $250.00 is the 'standard rate,' and breakfast had been included had she wanted it. 

She insisted on speaking to the Manager.

The Manager appeared and, forewarned by the desk clerk, announced: "This hotel has an Olympic-sized pool and a huge conference center which are available for use." 

"But I didn't use them." 

'Well, they are here, and you could have." He went on to explain that she could also have seen one of the in-hotel shows for which they were so famous."We have the best entertainers from the world over performing here." 

"But I didn't go to any of those shows.."  "Well, we have them, and you could have." 

No matter what amenity the Manager mentioned, she replied, "But I didn't use it!" and the Manager countered with his standard response. 

After several minutes discussion, and with the Manager still unmoved, she decided to pay, wrote a check and gave it to him.

The Manager was surprised when he looked at the check.  "But Madam, this check is for only $50.00" 

"That's correct I charged you $200.00 for sleeping with me." 

"But I didn't!"  "Well, too bad, I was here, and you could have."

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CandyKisses:  CHUCK'S NEW YEAR'S RESOLUTIONS

Mot: ...... Yeppers! - I Agrees!! - This One WILL Work!! ~~~

CandyKisses:  IS ANYONE HERE?

Mot: ... Needs to Set Me Alarm ~~~~~for midnight

CandyKisses:  WHAT IF YOUR NEW YEAR'S RESOLUTION.....

Mot: ....... Fur Rent He is - fur say - $50 an hour ~~~~~

Mot: ...... Fine Print!! --- MUST Read da Fine Print!!! ~~

Mot:  .. Last day of 2022! Hope you have a great day…

KTFA Members "Iraq and Vietnam News" Saturday Afternoon 12-31-2022

KTFA:

Henig:  The rise in world oil prices

Baghdad / NINA / - Oil prices rose today, Friday, and are on their way to achieving gains for the second year in a row.

Brent crude futures rose 44 cents, or 0.5%, to $83.9 a barrel, after falling 1.2% at settlement in the previous session.

West US Intermediate crude reached $78.88 a barrel, up 48 cents, or 0.6%, after it closed down 0.7% on Thursday.    LINK

Al-Rafidain Bank continues to sell dollars to citizens on holidays

Baghdad / NINA / - Al-Rafidain Bank announced that it opened the doors of its branches on holidays to sell dollars to citizens.

The bank stated in a statement: “The process of selling dollars to citizens continues during the holidays, from the two branches of Palestine Street in Rusafa and the Arab neighborhood in Mansour in the Karkh side.”   LINK

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Clare:  Parliamentary Finance: The government is able to control the exchange rate of the dollar and its rise is not intended

12/31/2022

The Parliamentary Finance Committee confirmed, today, Saturday, the government's ability to control the rise in dollar exchange rates in Iraq during the past few days, stressing at the same time that this rise is not intended.

Committee member Jamal Cougar said in a statement to {Euphrates News} agency, "We believe that the fluctuation in the exchange rates of the dollar is pure speculation and the matter is not intended," noting that "the government does not want to raise the exchange rate of the dollar against the dinar."

Cougar explained that "what happened is speculation on the one hand and pressure on the other, and things cannot get out of control," noting that "the government is able to control the exchange rate and return it to 148 as it was circulating in the market."

Raghad Daham  LINK

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Clare:  Central Bank: We have taken a series of decisions to return the dollar market to its normal position

The Central Bank of Iraq stated, on Saturday, that it had taken a series of decisions to restore the dollar market to its normal state.

The media office of the Central Bank of Iraq said in a statement received by {Euphrates News} that "the governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, conducted a field visit to a number of banks that began selling foreign currency."

He added, "The governor urged, during his meeting with bank departments, to facilitate the procedures for selling foreign currency to citizens wishing to obtain it for the purposes of travel, treatment, and others," noting that "the Central Bank of Iraq has taken a number of decisions that contribute to achieving stability in the foreign currency market."

"The bank's outlets for selling foreign currency will be doubled to meet the needs of travelers, with the possibility of increasing the amount of the weekly quota allocated to banks," he said.

He described that "the rise in the exchange rate is a temporary situation that came after internal and external effects of applying international standards, as the bank succeeded in addressing it and minimizing its effects on the Iraqi economy," stressing not to raise public concerns about the rise in dollar exchange rates, and the need to take deterrent measures against speculators. He stressed that "the situation in Iraq is much better than other countries, and there is no way to compare it."  LINK

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Henig:  Putin in conversation with Xi Jinping: Russian-Chinese cooperation is a factor of international stability and work is underway to strengthen it

Baghdad / NINA / - Russian President Vladimir Putin affirmed: "The Russian-Chinese cooperation is increasing in all fields, and work is under way to strengthen it," while expressing his country's readiness to increase natural gas supplies to China.

"Russia stands against the growing tensions in the world," Putin said, during a video conference meeting with Chinese President Xi Jinping, on Friday, expressing his confidence that relations between Russia and China show stability and a model of cooperation.

While Chinese President Xi Jinping stressed that China is ready to raise the level of political interaction with Russia and to be an international partner in light of the difficult global situation.   LINK

Vietnam:

Henig:     Expanded trade opportunities with US

06:00 | 31/12/2022 

(VEN) - US companies are seeking new suppliers to minimize risks in supply chains, creating more opportunities for Vietnamese businesses in the post-pandemic era. However, the opportunities also face challenges.

Largest export market
“Vietnam considers the US one of the most important partners. Since upgrading bilateral relations to a comprehensive partnership in 2013, the two countries have deepened cooperation, focusing on trade and investment. The business communities of the two countries have played a very important role in this process,” said Deputy Minister of Industry and Trade Do Thang Hai at a recent Vietnam-US trade forum jointly held by the Ministry of Industry and Trade, the US Chamber of Commerce in Vietnam, and the US-ASEAN Business Council.

According to Deputy Minister Hai, bilateral trade between Vietnam and the US grew from US$450 million in 1995 to nearly US$113 billion in 2021, despite supply chain disruptions caused by the COVID-19 pandemic. The US has become Vietnam’s second largest trading partner, with annual bilateral trade exceeding US$100 billion. The US has been Vietnam’s largest and most important export market for many years, while Vietnam has become the eighth largest trading partner of the US.

“The US is also one of the largest foreign investors in Vietnam, with nearly 1,150 projects currently operating with total registered capital of more than US$10.3 billion, ranking 11th among 141 economies investing in Vietnam,” Deputy Minister Hai said.

Trade defense measures

However, Vietnam has faced challenges in trade with the US, including the increased frequency of US trade defense investigations of Vietnamese goods. Moreover, the US has not recognized Vietnam as a market-driven economy.

Phan Thi Thang, Vice Chair of the Ho Chi Minh City People’s Committee, proposed that the US assist the city in a prefeasibility study for the establishment of an export goods irradiation center and provide technical assistance for Mekong Delta cities and provinces to ensure the quality of farm produce exports to the US.

Thang also expressed the wish for increased cooperation between Ho Chi Minh City and the US in the fields of logistics, digital economy, sharing economy, circular economy, smart city development, and building international financial centers.

According to Michael Vu Nguyen, Country Director of Boeing Vietnam, US companies are seeking new suppliers to minimize risks in supply chains, creating more opportunities for Vietnamese businesses.

Chung Seck, Vice Chair of Amcham Vietnam Digital Economy Committee, said to attract more US investment, the Vietnamese government should adopt a secure legal framework for safe cross-border data transfer and pay attention to intellectual property in the digital business environment.

Within the framework of the Vietnam-US Trade Forum 2022, Deputy Minister of Industry and Trade Do Thang Hai and Oregon State officials signed a memorandum of understanding to facilitate trade exchange and investment in the industry and energy fields.

Ngoc ThaoLINK 

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Henig:  MM Mega Market launches a new modern Giá tốt business model

16:18 | 30/12/2022

Recognizing changes in shopping behaviors, MM Mega Market has publicly launched its new business model – Giá tốt. Giá tốt is currently present in big cities and provinces in Vietnam with more than 250 Giá tốt partners, including Ho Chi Minh City, Hanoi, Da Nang, Binh Duong, Bien Hoa, Quy Nhon, Buon Ma Thuot, Rach Gia, etc.

MM Mega Market expects to reach the target of 10,000 stores by 2026.

This is a cooperation model between MM Mega Market and individual partners who desire to run convenience stores, minimarts or together with traditional shop owners to build new modern stores or transform a traditional grocery into a modern retail trader.

Its ultimate goal is to make the traditional retail model be modern in appearance and management system.

Giá tốt offers a holistic approach for shop owners to optimize business performance and provide customers with better shopping experience, high-quality products at the most competitive prices in professional look.

Giá tốt partner benefits from “4 No” model, including: No franchise fees; No exclusive offer; No declare on sale price; No required purchase funds.

Giá tốt provides maximum financial support, such as: Financial support package up to VND70 million (including exterior and interior design, product display consulting, facility and equipment investment, sales management system, sales training and development); Support debit transactions up to VND500 million and payment term up to 15 days with diversified payment methods.

Giá tốt partner benefits from technological advances, such as: “One-touch” application supports shop owners to make quick and convenient order from MMPro website and integrated benefits on MCard app; Efficient time management through technological applications allows shop owners to devote more time to their family and personal life.

Bruno Jousselin, Managing Director of MM Mega Market Vietnam, said: “According to the annual report by Nielsen in 2020, Vietnam had around 1.4 million grocery stores and 9,000 traditional markets with the total sales of US$10 billion per year, constituting 75 percent of retail market share. With Giá tốt, thousands of enterprises, manufacturers will do business better, millions of groceries operate more efficiently, offering to consumers authentic, high-quality products at competitive prices. I firmly believe with well-prepared strategies and aggressive plans, Giá tốt will soon increase its coverage nationwide in the context of evolving tougher competition in retail market. By this way, MM expects to make a significant contribution to the sustainable economic growth in Vietnam”.

My Phung   LINK

Iraqi News Highlights Saturday Afternoon 12-31-22

Iraqi News Highlights Saturday Afternoon 12-31-22

Tlm724 Administrator Bondlady’s Corner

The President Of The Republic Congratulated The New Year: We All Hope That It Will Be A Year Of Peace And Harmony

political| 01:51 - 12/31/2022   Baghdad - Mawazine News  , President of the Republic Abdul Latif Rashid congratulated, on Saturday, the Iraqis on the new Gregorian year, expressing his hope that it will be a year of "peace and harmony."   https://www.mawazin.net/Details.aspx?jimare=215557

Central Bank Governor: The Rise In The Dollar Is A Temporary Situation, And We Succeeded In Addressing It

Money  and business  Economy News / Baghdad  The Governor of the Central Bank, Mustafa Ghaleb Makhaif, considered, on Saturday, that the rise in the exchange rate was a temporary situation, stressing that the bank had succeeded in dealing with it.

"The banks' outlets for selling foreign currency will be doubled to meet the needs of travelers, with the possibility of increasing the amount of the weekly quota allocated to banks," Makhaif said in a statement on the sidelines of his visit to a number of banks.

He described that "the rise in the exchange rate is a temporary situation that came after internal and external effects of applying international standards," stressing that "the bank succeeded in addressing it and minimizing its effects on the Iraqi economy."

And he stressed "not to raise public opinion's concerns about the high exchange rates of the dollar, and the need to take deterrent measures against speculators," pointing out that "Iraq's situation is much better than other countries and there is no way to compare it."

He urged bank departments to facilitate the procedures for selling foreign currency to citizens wishing to obtain it for travel, treatment and other purposes, noting that the Central Bank of Iraq had taken a number of decisions that contribute to achieving stability in the foreign currency market.

100 views   Added 12/31/2022 - 3:35 PM  Updated 12/31/2022 - 6:18 PM

https://economy-news.net/content.php?id=31613

Governor Of The Bank: High Exchange Rate Is A Temporary Situation

Saturday 31 December 2022 15:52 | Economical Number of readings: 181  Baghdad / NINA / - The Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, confirmed that the exchange rate hike is a temporary situation.

A bank statement said, "The Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, conducted a field visit to a number of banks that started selling foreign currency."

The statement added, "The governor urged, during his meeting with bank departments, to facilitate the procedures for selling foreign currency to citizens wishing to obtain it for the purposes of travel, treatment, and others," noting that "the Central Bank of Iraq has taken a number of decisions that contribute to achieving stability in the foreign currency market."

He stressed that "bank outlets for selling foreign currency will be doubled to meet the needs of travelers, with the possibility of increasing the amount of the weekly share allocated to banks."

Mukhaif described that "the rise in the exchange rate is a temporary situation that came after internal and external effects of applying international standards, as the bank succeeded in addressing it and minimizing its effects on the Iraqi economy, stressing not to raise public concerns about the rise in dollar exchange rates, and the need to take deterrent measures against speculators." , stressing that the situation of Iraq is much better than other countries, and there is no room for comparison with it

https://ninanews.com/Website/News/Details?key=1023545

Member Of Parliamentary Finance: The 2023 Budget May Exceed 180 Trillion Dinars

Money  and business  Economy News – Baghdad  A member of the Parliamentary Finance Committee, Muhammad Nuri, said, on Saturday, that the Ministry of Finance is working to complete the 2023 budget and put the final touches to the law, indicating that the Ministry of Finance will send the final draft of the law to the Council of Ministers in the coming days.

Nuri added, "The draft budget for the year 2023 is somewhat similar to previous budgets, and there is no update or economic vision according to the country's financial abundance," adding that "there is no real change in this budget."

"The Ministry of Finance calculated the price of a barrel of oil at 65 dollars, and that the total amount of the budget law may exceed 180 trillion dinars," Nuri added, in an interview with "Shafaq News" agency, followed by "Al-Iqtisad News".  Views 58   Added 12/31/2022 - 5:09 PM  Updated 12/31/2022 - 6:03 PM

https://economy-news.net/content.php?id=31616

Ihsan Al-Shammari to / NINA /: The crisis of the dollar's rise is caused by the US "cold" economic war / Expanded

Saturday 31 December 2022 10:41 | political Number of readings: 399  Baghdad / NINA / - The head of the Center for Political Thinking, Ihsan Al-Shammari, confirmed: "The crisis of the rise in dollar prices was caused by the US economic" cold "war, and it was exploited by internal parties to blackmail the government.

Al-Shammari said in a statement to the National Iraqi News Agency / NINA /: "The cold war The current relationship between the United States of America and Iran has an economic aspect, given that the first exerts maximum pressure on the second, and thus obliged Iraq not to make financial transfers to Iran, other than electrical energy transfers, in which there was a previous exception during previous governments.”

He added:There seem to be financial transfers with attempts by political parties to control some important financial positions for the purpose of circumventing US sanctions, and therefore everything that is happening is the result of the US-Iranian conflict, and it is not a matter of closing banks.

Al-Shammari continued: "The United States committed Iraq not to transfer money to Iran at all, and this is the reason for the dollar's rise simply."

He pointed out: "External parties have blackmailed the government in an attempt to obtain some financial positions, and an attempt to put pressure on the current prime minister, if he thinks of moving forward with a policy of balance in Iraq's foreign relations, and its internal and external dealings."

Al-Shammari explained: "These parties are unable to find an achievement for them at the level of political performance, and therefore they found from the crisis of the rise of the dollar the best issue to be a lever for them."

He pointed out that the collapse of the currency greatly affects the standard of living of the poor and middle classes, and this matter is reflected in the Sudanese government, which has developed a promising and ambitious ministerial platform, and is trying to take good measures, so this crisis will shake confidence in the current government.

He concluded by saying: "The state administration coalition failed to support the Sudanese government and undermine the repercussions of the dollar crisis."/ End

https://ninanews.com/Website/News/Details?Key=1023494

Barzani: There Is A New Opportunity To Resolve Issues Between Baghdad And Erbil

Political | 12:06 - 12/31/2022   Baghdad - Mawazine News  The head of the Kurdistan Democratic Party, Massoud Barzani, expressed, on Saturday, his support for the implementation of the political agreement reached between all Iraqi parties participating in the political process and the Kurdistan Regional Government.

Barzani said, in the context of a statement he made on the occasion of the new Gregorian year, "We believe that there is a new opportunity to resolve issues between the Kurdistan region and the federal government in Iraq."

He added, "We support the implementation of the political agreement that was reached between all Iraqi parties participating in the political process and between the Kurdistan Regional Government." Ended   https://www.mawazin.net/Details.aspx?jimare=215548

To read more current and reliable Iraqi news please visit BondLady’s Corner:

https://www.bondladyscorner.com/

Ten Words for 2023

Ten Words for 2023

Jonathan Clements  Humble Dollar   Dec 31, 2022

MOST OF US ARE forever striving to be better versions of ourselves—usually with mixed success. Still, the changing of the calendar often prompts renewed efforts. But what should we focus on? Let me offer 10 words that I try to live by.

1. Pause. Throughout the day, we make snap decisions, and they usually work out just fine—except when it comes to spending and investment choices. Got an overwhelming urge to buy an expensive bauble or make a portfolio change? Try waiting a few days, so your feverish desire has a chance to cool and you can ponder the decision with a clearer head.

2. Reflect. Feeling down? Take a minute to think about your good fortune—the friends and family who surround you, the home you live in, the wonderful experiences you’ve enjoyed, the wealth you’ve accumulated. With gratitude comes happiness.

3. Move. Exercise has all kinds of benefits—physical, emotional and cognitive. If possible, try to get your exercise outside, so you can delight in nature, see your fellow humans at play and feel the sun upon your face.

4. Give. This doesn’t have to be money. You can also give of your time by, say, volunteering for your favorite charity or helping out at your place of worship. I see this every day: HumbleDollar’s writers get paid little—and some decline payment—and yet they pour countless hours into their articles. Trust me, they’re a wonderful bunch of folks to work with.

5. Sleep. This is one of my greatest struggles. I know I sleep better when I’ve been active during the day, eat earlier in the evening and have addressed any major worries. What if these things don’t happen? You’ll find me answering emails at 4 a.m.

6. Simplify. Over the past few years, I’ve been shedding both possessions and financial accounts. I highly recommend it. It’s liberating to be less encumbered by both financial complexity and household items you no longer care about. Afraid you’ll dispose of something and later regret it? I’ve shed countless items and, thus far, I haven’t had a single pang of regret.

To continue reading, please go to the original article here:

https://humbledollar.com/2022/12/ten-words-for-2023/

News, Rumors and Opinions Saturday 12-31-2022

Note From Dinar Recaps:

To our newest readers,

If you are new to the Dinar and Currency investment and wish to educate yourself further please go to Dinarrecaps .com . At the top of our blog page click on the categories button and go to The Dinar Recaps Archives or Post RV Categories for all our past posts on history of past RV’s, Exchange tips, Security and other valuable information.

We hope all of our dreams come true very soon.

RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 31 Dec. 2022

Compiled Sat. 31 Dec. 2022 12:01am EST by Judy Byington

Global Currency Reset:

Bruce received confirmation that Tier 4B (us, the Internet Group) will be notified Mon. afternoon 2 Jan, or Tues. before noon, with exchanges beginning Tues. afternoon 3 Jan.

Several Intel providers including Snake and Capt Kyle, were saying that everything (on the Global Currency Reset) was programmed to go right after Jan. 1st 2023 when Basel 4 hit, along with the QFS and NESARA/ GESARA.

Tues. 27 Dec. MarkZ: “The Central Bank of Iraq has frozen accounts and were not letting people withdraw or deposit until 2 Jan. 2023.”…Thurs. 29 Dec. Mark Z: “I am still hearing great things that this will be our last few days and our last poor weekend. None of us know for certain but the chatter is exceptionally good.” …“Medical Debt was being erased in Ohio and Illinois. Is your town next? Rumors are its going to spread to Pennsylvania. They are buying your debt at a discount. Where is the money coming from? Perhaps this is a slow roll out of NESARA.” Fri. 30 Dec. MarkZ: “Still hearing everywhere from us in the banks on the 2nd, to us in the banks by the 14th …we just know its close. We know they are moving forward quickly.”

Iraqi citizens have been celebrating their revaluation according to their domestic News Announcements.

NESARA/GESARA was said to have started Sun-Mon 25, 26 Dec. Many Social Security recipients have received letters showing a significant increase in their checks beginning Jan. 1 2023.

Sunday 1 Jan. 2023 would begin the Golden Jubilee Year across the Globe.

It was the goal to have all currencies of the world exchanging at a 1:1 with each other by March 2023 – a situation expected to last up to five years.

Read full post here:  https://dinarchronicles.com/2022/12/31/restored-republic-via-a-gcr-update-as-of-december-31-2022/

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Courtesy of Dinar Guru

Frank26  Question: "Anything on the Dong?"  I don't believe the dong is ready.  I believe it will go in a basket first.  But I believe the Iraqi dinar has priority.

Mnt Goat   Article:  "WHAT IS MEANT BY CURRENCY FLOAT? WHAT ARE ITS ADVANTAGES AND DISADVANTAGES?"  This article is a VERY GOOD lesson in what it means to FLOAT a currency. ...they can’t float the dinar in the program rate with the currency auctions and must reinstate it to the global markets. Mainly it’s because hint hint…to float you need access to the markets and traders. This will be when we go the bank to exchange...floating the IQD on FOREX can solve much of the issues with the dinar monetary policy in Iraq. This once again proves the move to FOREX should have happened a decade ago when Dr Shabibi, then the CBI director, lined up the dinar to go to FOREX in January 2013...I ask, why now publish such an article?

ALERT! Last Silver Delivery SURPRISES With Mystery 3.3M oz Delivery on LAST DAY by JPM!!

(Bix Weir)  12-30-2022

You can't make this up! With only 250k ounces due on the last day of the COMEX Silver Deliveries JP Morgan supplies a 3.3 MILLION ounce silver delivery! WTF?!

Clearly this is a desperate move by the silver market riggers to fill physical silver gaps for maybe their final delivery month!

https://www.youtube.com/watch?v=OaIYHqGq4Vs

Weekend Coffee With MarkZ "Crazy Chatter" 12-31-2022

Weekend Coffee with MarkZ 12/31/2022

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Welcome to the last day of 2022…..May 2023 be the best year ever!!!!

Member: On the eve of 2023, will this coming year truly be our jubilee?

Member: Happy New Year RV Family May it Be the Best and Brightest

Member: READY for this New year....turn the page...woop woop

MZ: Crazy chatter on the banking side that they are going to release over this weekend..……remember we have been here before with this excitement. I can tell you that the number of sources looking for it over this long weekend continues to grow…

MZ: The chatter is phenomenal that we will start redemptions on the 2nd or 3rd…..We hope this is right and not another “Boy crying Wolf” .

MZ: Pray this is it. I believe 2023 is going to be awesome.

Member: That's it, I'm taking the rest of the year off. lol

MZ: I have talked with paymasters, I do not yet have anyone form an Indian Nation that has money yet. I talked with a few elders- they have not been paid yet …..

MZ: Sheila yesterday (CMKX and currency contact) said “ I am very upbeat, I am expecting notifications before the end of the year or this weekend.” So she is hearing great things as well. She is as excited as I am right now.

Member: Remember that old Bloomberg video that says all currencies will revalue on a Sat Night and We will wake up Monday morning to a whole new world?  Well it’s a Saturday night….AND the last day of 2022……I cant think of a better time to PULL THAT TRIGGER!!!!!

MZ: More news in Iraq that they are stabilizing. “Central Bank continues measures to control the dollar exchange rate” I find it interesting they are issuing a dollar card worth $10,000 dollars …in other words they are not going to charge any spread if you turn in your dinar for a prepaid debit card .

MZ: Why is this important? It will allow them to take advantage of this manipulated exchange crisis and get more dinar off the street over the next day or two……I think this is their last “hail Mary” to restrict the supply of dinar …..just my thoughts. .

Member: IMO-No big RV. Watch for float next week. Iraq reopens banks Tuesday…. ​Watch Iraq next week.

Member: As per recent article...Iraq cannot officially float until they establish an accepted Rate by FOREX.......so that has to come first. Need the market and traders to float.

Member: So like the budget rate change and an accepted one not a program rate...market will not recognize that...

Member: And further you cannot have two rates...internal and international.

Member: Anyone else here that Air force 1 was in Reno twice this week

Member: A guy said he called city bank girl said rate for dinar was 12$ but he should wait till monday but could exchange now hope that's true

Member: There's a video floating around of a guy that backs up Bruce's information. He called his bank yesterday citibank and was told the dinner rate was $12…. But that if he waited till Monday there would be a contract rate much higher

Member: On the Big Call Thursday Night it was reported by 2 different people in different places that asked their banks if they were exchanging IQD yet …were told that the contract rate would be available on Tuesday . One bank was WF and the other was Chase.

MZ: That checks out based on what I am hearing from banks…I have talked to contacts at HSBC, 5th/3rd   and the other one not Chase… . a number of banking contacts are hearing the exact same thing….

 Member: Mark, I wonder are redemption center folks expecting to work this weekend?

Member: I bet they are on call.

Member: I wonder will the redemption center set up a QFS account for us when we exchange? so many different things being said.

Member: Chas and Warren on PPN sure are excited over next week. Maybe something will actually happen???

Member: Everything for us is supposed to start on the 2nd 3rd and 4th of January 2023

Member: I heard If you bank doesn't open Tuesday, they are not Basel 4 compliant.

​Member: Just watched Charlie Ward. Banks have to be basil for compliant by Tuesday per Charlie Ward

Member: Charlie also said we should get a Q-Phone at our exchange appointment.

Member: Remember, "non-interest bearing "account for the exchange. Restrict who can see at the bank, "No Training allowed by tellers" get the 2 people who do have access to sign NDA.

Member: Sick of this movie so ready for the credits to roll!

Member: Is RV going to happen at the same time in every country? I mean are the appointments for the redemption centres going to be given at the same time world wide?

Member: They should all happen at the same time…….or in the past we heard we would see it “East to West”

MZ: Here is a brief recap of what happened last year that has not happened in previous years…..Many countries continue with de-dollarization….to get away from the US dollar…..BRICS nations are asset backed and leading the way.

​Member:  I hope we don't all get so cynical that we don't believe it when it really happens..

Member: Pope Benedict passed. Anyone awake yet?

Member:  Nesara/Gesara. It’s coming around the bend. Choo. Choo choo. No smoke. The real thing.

Member: Dr. Kia Pruitt LOVE YA SIS STAR!!...REALLY ENJOYED YOUR SHOW YESTERDAY WITH ANDY SCHECTMAN!!! (Its on Dinar Recaps)

Member: Happy New Year to everyone and blessings and good health for the coming new year!

Member: Happy healthy and prosperous New Year to everyone

Mod:  Father, We end this year with this simple prayer. Please heal the broken people. Make well the sick, restore happiness to those in despair.

Member: HAPPY NEW YEAR to you all Beloveds and A Huge THANK YOU to Mark Z All of the First Class Mods and esteemed guests Thank you for getting us thru this past year and being the most reputable Truther .

MZ: We need prayers for Okie….he is really having a rough time right now…..

Member: Sending prayers to Okie. May God watch over you and keeping you safe and healthy.

Member: Prayers for all Dinarians for healing and prosperity….

THE INFO IN THIS PODCAST IS FOR GENERAL INFO & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY.

The CBD Gurus join the stream at the end…..please listen to the replay for their information.

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

 MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

The next stream is Monday at 10Am est……..unless.

https://www.youtube.com/watch?v=G96ruY46gYw

Saturday Morning Iraq Economic News Highlights 12-31-22

Saturday Morning Iraq Economic News Highlights 12-31-22

State Law Accuses Washington Of Creating An Economic Crisis To Obstruct The Government

The State of Law parliamentary bloc described the rise in the dollar exchange rate as a “fabricated crisis,” stressing that the US Treasury’s decision carries a political aspect against the Sudanese government.

“The recent US Treasury measures to restrict the movement of foreign remittances with Iraq at this time carries political signals and aspects directed against the young Sudanese government, which is no more than three months old,” the bloc’s spokesman, Representative Bahaa al-Nouri, said in a press interview seen by Taqaddam.

Its purpose is to negatively affect the Iraqi street and the performance of the government in front of the people through the economic file, by creating crises and problems to obstruct the implementation of the government program by reducing the currency pumping into the local market by 70 million dollars, after it was no less than 200 million dollars per day. ''.

He added that “reducing the rate of currency sale from the Central Bank of Iraq by two-thirds from the natural need, represents signs of an economic crisis, both at the government and private sector levels, affecting the life and sustenance of the citizen,” noting that “the government took quick steps during which it was able to control the price hike.” in the market and ending the state of confusion, but it is temporary and requires other radical solutions.”

Al-Nouri called on "the Ministry of Foreign Affairs, the Parliamentary Foreign Relations Committee, and government decision-makers to find real understandings with the American side to end any unilateral action that harms Iraq's interest, especially by respecting sovereignty and balance in relations between the two parties in accordance with common interests.  https://takadum-news.com/archives/140163

The Dollar Crisis Opens The Eyes Of The Iraqis On The Association Of Private Banks.. An Entity Whose Effectiveness Is Unknown

Economy / Special Files |Yesterday, 22:36 | With the outbreak of the dollar crisis in the Iraqi markets during the past days, which came as a result of the involvement of private banks in smuggling dollars from Iraq and through the currency sale window in which dozens of private banks participate, the Iraqis turned their attention towards the "Association of Iraqi Private Banks."

This "mysterious entity", according to the description of popular circles, has an unknown role in Iraq, amid the presence of the Central Bank, which is responsible for regulating the work of banks, whether governmental or private, while this entity is known to be an "umbrella" for all banks, including private banks that have been found to be involved. By smuggling the currency and causing the dollar to rise in the Iraqi markets after the US Federal Reserve clamped down on it.

In browsing the most prominent thefts and corruption scandals that have emerged in the recent period and during this year that is nearing the end, we find that the heroes of these thefts are private banks or personalities and businessmen who own private banks "affiliated" under the umbrella of the Association of Banks, whose role is unknown or understood.

Amidst accusations of “covering up” the activities of private banks, especially those involved in currency smuggling, which immediately after being banned from the currency sale window from the Central Bank, went down to the markets and stock exchanges and made huge purchases of dollars from the market, which caused the dollar to rise to unprecedented levels until it touched 160 thousand dinars per 100 dollars, and caused an increase in the prices of commodities and foodstuffs for citizens.

Although the first accused of the dollar crisis are banks under the umbrella of the Association of Banks, the latter issued a statement that did not rise to the scale of the crisis.

The association began its statement by saying that it and its member banks are "monitoring" the recent rise in the exchange rate, while reviewing the Central Bank's procedures that the bank had previously revealed in its repeated statements.

This statement prompted a number of bankers to deplore the role of the Association and the weakness of its position on the implicated banks affiliated with it.

At the same time, the Association is accused of acquiring the Central Bank’s initiatives for loans in various sectors, which reached, as of the third quarter of this year, more than 2 trillion dinars, as most of these loans were given through the Association’s banks and benefiting from the benefits accrued from the lending.

Bankers and specialists stress the need to "dissolve" the association, which did not provide anything to the Iraqis or the banking sector in general amid its unknown and ambiguous role, while they called for the formation of a new association that includes private banks and organizes their work and has a tangible role in improving and reforming the banking sector.

Perhaps the most prominent indication of the failure of the banking sector in Iraq, especially the private one, is that the number of private private banks in Iraq has reached more than 40 banks, but the money accumulated in the homes of citizens amounts to 70 trillion dinars, or about 40% of the Iraqi monetary mass. It is outside the banking system, due to Citizens' lack of confidence in banks and the failure of these private banks to attract citizens' money and gain their trust.   LINK

An Expert Determines The Reason For The "Inability" Of The Central Bank's Measures To Solve The Dollar Crisis

economy |12-29-2022, 22:20 |Baghdad today-Baghdad  Today, Thursday, economist Nabil Al-Marsoumi revealed the reason for the "ineffectiveness" of the Central Bank's measures towards the dollar crisis, while noting that the Central Bank deals with cash sales, while the problem is in foreign remittances.

Al-Marsoumi said, in a clarification received by (Baghdad Today), that "the high exchange rate of the dollar against the dinar is linked to the restriction of bank transfers, meaning that the problem is with the remittance dollar or the import dollar, not the cash dollar."

He added, "Therefore, the Central Bank of Iraq's treatments in the face of the dinar crisis seem ineffective, which is summarized by increasing cash sales, which amounted to 84.900 million dollars per day, compared to 23 million dollars for foreign transfers, meaning that the percentage of cash sales amounted to 78%, while it did not exceed before the crisis." 10%.

Earlier, the expert in financial and economic affairs, Nabil Jabbar Al-Tamimi, described today, Thursday, the solutions that the Iraqi government is working on to reduce the price of the dollar as "patchwork and temporary."

Al-Tamimi told (Baghdad Today) that "the government's measures to strengthen dollar cash in the markets is a temporary patchwork measure that contributes to a temporary reduction of exchange rates, but it will not represent a financial and economic solution."

And he added: "The Fed may object to the amount of money fed by the Central Bank of Iraq and the government as local cash, and the crisis may return again, and for this it is very necessary for the government and the Central Bank to contribute to resolving the issue of remittances, which are committed to international standards, and it is a priority to fully resolve the crisis, rather than any patchwork and temporary measure." ". LINK

Central Bank: Continuous Measures To Control The Exchange Rate Of The Dollar

Economy News-Baghdad   Deputy Governor of the Central Bank, Ammar Hamid, confirmed that the bank is continuing its measures to control the exchange rate of the dollar.

Hamid said in a press statement, "The Central Bank has taken several measures to control the stability of the exchange rate, including those related to merchants and citizens. As for citizens, the dollar is sold directly for travel purposes, through banks and using the salary card to obtain a lower price, which is 1465."

He added, "Al-Rasheed and Al-Rafidian Banks launched an initiative to issue a dollar card at a value of 10,000 dollars at a subsidized price."

Views 105   Added 12/31/2022 - 12:07 PM   Updated 12/31/2022 - 1:37 PM

https://economy-news.net/content.php?id=31611

Al-Jubouri: The Government Has A Set Of Options To Rectify US Policy And Control The Dollar

The head of the Al-Rafd Center for Strategic Studies, Abbas Al-Jubouri, confirmed on Friday that the government has many options that can reduce the exchange rate of the dollar and rectify US policies seeking to reduce the value of the dinar.

Al-Jubouri said in a press interview seen by “Takadum” that “America has practiced policies that would raise the exchange rate of the dollar in the local markets, with the help of some parties supporting its policies inside Iraq.”

He added, “There is a possibility to ensure a reduction in the exchange rate by disbursing some social protection salaries in foreign currency, especially since the salaries of this segment may not exceed $200 per person, and the process is repeated with retirees in the next month, as such a proposal was submitted to Prime Minister Muhammad Shia’ al-Sudani from through the center so as to reduce the demand for this currency by speculators.

And he indicated that "the outlets for selling the currency belong mostly to political parties, and despite the American policies, these parties are working to raise the exchange rate, while the government can control the price by tightening its control over the outlets for selling the currency."

https://takadum-news.com/archives/140091

Temporary Solutions.” An Economist Criticizes The Government's Measures To Address The Dollar Crisis

Today, Thursday, the economist Nabil Al-Ali criticized the government's measures to address the crisis of the dollar's high exchange rates in the local markets, while stressing the need to solve the issue of "remittances."

Al-Ali said, in a press interview seen by Taqaddam, that “the government’s measures to strengthen dollar cash in the markets to try to end the crisis of the recent rise in dollar exchange rates are patchwork and temporary.”

He added, "This measure contributes to a temporary reduction of exchange rates, but it will not represent a financial and economic solution," noting that "the Federal Bank may object to the amount of money fed by the central bank and the government as local cash, and the crisis may return again."

The economist stressed, “The need for the government and the central bank to contribute to resolving the issue of remittances that adhere to international standards, which is a priority to fully resolve the crisis.”

Earlier, the Central Bank took several decisions to reduce the exchange rates of the dollar after the major crisis that hit the local markets, which caused great boredom among the Iraqi people.

https://takadum-news.com/archives/139998

Will The Exchange Rate Reach “200,000 Dinars”?.. An Expert Explains And Monitors The Reasons For The Rise

That is, the Iraqi economist Ahmed Saddam, today, Monday, that one condition may save the stability of the exchange rates of the dollar in the local market, while he explained the possibility of prices reaching up to 200 thousand Iraqi dinars for every 100 dollars.

Saddam stated in a press interview seen by “Takadam” that “the reasons for the high exchange rate of the dollar are due to preventing 4 banks from selling the currency,” noting that “they previously acquired 40% of the currency sale in the central bank.”

Among other reasons, Saddam refers to “the platform that the Central Bank created in cooperation with a specialized company,” and the Central Bank of Iraq identified it in a previous statement.

The economist added, “This platform contains data for all banks, which are very accurate and with names, and are subject to the US Federal Bank, in order to notice whether there are suspicions, and therefore there is a slowdown in procedures, and these strict measures led to an increase in the exchange rate of the dollar.”

He stressed that "the central bank is required today to pump 170 million dollars daily in order to control the rise of the dollar in the Iraqi market, as a result of the heavy reliance on imports."

Saddam revealed, “The existence of an American decision that subjects Iraqi banks to the control of 3 regulatory bodies, as a result of the increasing demand for the dollar, due to the lack of internal production,” noting that “it is not possible to be pessimistic and say that the dollar will reach 200 thousand dinars for every 100 dollars, because this The matter is governed by supply and demand, the role of monetary policy in the country, and the extent of the Iraqi Central Bank's understanding with the US Federal Reserve regarding accelerating control procedures.

The Central Bank had commented on the high exchange rate, saying that Iraq is still complying with international requirements on the issue of the dollar, combating money laundering, and terrorist financing, and that some banks took time to implement these requests, stressing that it is working to return it to its price. , Within two weeks.   https://takadum-news.com/archives/140142

You'll Go To Sleep on a Sunday & Wake Up on a Monday to a Whole New World

Andy Schectman, the Gold Guru: You'll Go To Sleep on a Sunday & Wake Up Monday to a Whole New World!

Dr. Kia Pruitt:  12-21-2022

As 2022 comes to a close, we review geo-political and economic movements that will take us into a very different 2023.

Will there be a gold standard?

Will an Iraqi Dinar Revaluation make people rich? What should we expect in 2023?

How we experience the new year will be contingent upon how well we have prepared.

Dr. Kia Pruitt sits down with the "Gold Guru," Andy Schectman, CEO of Miles Franklin for a candid conversation about:

1. The possibility of a Gold Standard in 2023

2. Countries moving away from the US Dollar and fleeing US Hegemony

3. Central Banks Hoarding Gold

4. Currency Revaluations (i.e., the Russian Rubel and the Iraqi Dinar) and

5. The Implications of We-the-People acquiring gold (and/or silver) as a store of WEALTH.

YOU MUST WATCH THIS EXPLOSIVE PODCAST with the DYNAMIC DUO, Andy & Kia!

https://www.youtube.com/watch?v=MsDUccz1D9Q

"Tidbits From TNT" Saturday Morning 12-31-2022

TNT:

Tishwash:  Central Bank Governor: The rise in the exchange rate of the dollar is “temporary”

Central Bank Governor Mustafa Ghaleb Makhaif confirmed today, Saturday, that the rise in the dollar exchange rate is temporary.

The media office of the Central Bank stated in a statement, "The governor made a field visit to a number of banks that started selling foreign currency."

He added, "The governor urged bank departments to facilitate the procedures for selling foreign currency to citizens wishing to obtain it for the purposes of travel, treatment, and others," noting that "the central bank has taken a number of decisions that contribute to achieving stability in the foreign currency market."

And Makhaif confirmed, according to the statement, that “bank outlets for selling foreign currency will be doubled to meet the needs of travelers, with the possibility of increasing the amount of the weekly quota allocated to banks.”

He described that "the rise in the exchange rate is a temporary situation that came after internal and external effects of applying international standards, as the bank succeeded in addressing it and minimizing its effects on the Iraqi economy."

And he stressed "not to raise public opinion's concerns about the high dollar exchange rates, and the need to take deterrent measures against speculators," noting that "Iraq's situation is much better than other countries and there is no way to compare it."

It is noteworthy that the Central Bank of Iraq has taken a series of decisions to restore the foreign currency market to its normal position .   ink

**************

Tishwash:  Hit and run between the dollar and the dinar, the compass of commodities is lost

On these days, two years ago from now, the government of former Prime Minister Mustafa Al-Kazemi took a decision that economists considered the worst, to raise the exchange rate of the US dollar against the Iraqi dinar, for justifications and reasons that later turned out to be flimsy.

Since that date, the Iraqis have been living in a spiral of economic crises that have negatively affected their living conditions, as the prices of many commodities, goods, products, and foodstuffs have doubled or more, which has burdened the poor and middle classes, before the dollar witnessed a new rise during the past few days, which led to Its rise to about 158 ​​thousand dinars per 100 dollars. 

Many commodity prices recorded a new rise due to the sudden rise of the dollar, which specialists confirm was due to US measures to undermine the government of Prime Minister Muhammad Shia al-Sudani and the coordination framework, which prompted the head of the Conquest Alliance Hadi al-Amiri to call for the liberation of the Iraqi economy from American hegemony. 

In this regard, Representative Muhammad Al-Saihoud says, "There are three directions that must be followed by the first government in order to return the exchange rate of the dollar to its normal and specified position in the budget and to stabilize it," noting that "the first direction is to preserve foodstuffs and stabilize their prices, and the second direction is to activate the product The local agricultural sector is supported by various means, and the second and last approach lies in protecting the local product through the Ministries of Agriculture and Commerce and controlling markets through strict monitoring of merchants.

Al-Saihoud affirmed in a statement to Al-Maalouma, "We still trust the Sudanese government because its directions continue to challenge it to confront international pressures that seek to raise the exchange rate of the dollar, and our support is still continuing to implement the government service program."
Meanwhile, Representative Muhammad Al-Shammari stated in a statement to Al-Maalouma, that "the monetary measures taken by the government and the Central Bank were effective, which showed positive results that contributed to a sharp decline in the exchange rate of the dollar against the dinar." 

Al-Shammari stressed the need for "there to be tight control by the agencies concerned with monitoring the markets and holding those manipulating the prices of foodstuffs and other commodities to account, at the expense of the citizen's sustenance, severely."

As the Iraqis, like the rest of the peoples of the world, prepare to bid farewell to the year 2022 and welcome the year 2023, economic and livelihood concerns top the priorities of wishes, while there is a great state of optimism about the possibility of reforming the economic conditions in light of the Sudanese government’s measures and its orientation towards services and the fight against corruption. 

link

*************

Tishwash:  The war of rumors in Iraq: electronic armies manipulate the currency markets

The decline in the value of the Iraqi currency to record levels amounted to about 1580 dinars per dollar on the black market, while its official price is 1460 dinars, in raising the rate of inflation and high prices, and the decline in the purchasing power of Iraqis. 

Despite the government and the central bank’s quick and continuous efforts to control the markets, officials and observers confirm that the rumors launched by the electronic armies associated with private banks and various companies, after the central bank’s sales of dollars decreased, stating that the dollar will rise more during the coming periods, caused a state of panic. Confusion in the market Many citizens tended to transfer their money from the Iraqi dinar to the dollar. 

Rumor effect

The economist, Bassem Jamil Antoine, believes that the rumors directly affected the market, creating a state of confusion and imbalance due to the lack of outlets for selling the dollar at the official price, and the exploitation of this situation by brokers and speculators.

Antoine stressed, through his interview with Al-Araby Al-Jadeed, that the media should take its role in limiting this crisis and paving the way for educating citizens with the aim of reducing the large rumors that the Iraqi local market is subject to.

Antoine underestimated the fears of the lack of dollars in the central bank, which has a cash reserve of hard currency exceeding 90 billion dollars. rise in the US currency.

Electronic armies

Electronic armies, supported by parties controlling the market, contributed to spreading rumors that greatly affected the exchange rate of the dollar and the decline of the Iraqi dinar.

The economic researcher, Omar al-Halbousi, said that what these armies publish confirmed that their activity was systematic and planned in an upward manner, which made the dollar rise rapidly with every rumor spread by these armies.

Al-Halbousi added, to Al-Araby Al-Jadeed, that there are influential parties that control the currency market and have power in sales outlets within the central bank, working in the field of money laundering, as well as using forged invoices to buy dollars, with the aim of achieving the greatest amount of gains and profits as they buy dollars. at a reduced price and sell it on the black market at a great profit.

Al-Halbousi indicated that the government and the central bank should make maximum efforts to combat and address such rumors, especially since there are a number of banks, exchange companies and currency dealers belonging to partisan parties that control the monetary policy of the central bank. He stressed the importance of taking other measures that would reduce the exchange rate by imposing a specific price ceiling, and stopping dollar smuggling operations by land towards neighboring countries.

contrived crisis

For his part, the researcher on Iraqi affairs, Abd al-Qadir al-Fahdawi, believes that the rise in the value of the dollar and the decline of the Iraqi currency is a fabricated internal crisis and there are no external influences.

Electronic armies, supported by parties controlling the market, contributed to spreading rumors that greatly affected the dollar exchange rate

Al-Fahdawi explained to Al-Araby Al-Jadeed that the current crisis results from fabricated measures and policies by private banks affiliated with political parties that relied on money laundering and currency smuggling out of Iraq, in addition to monopolizing the dollar to raise its price in order to achieve large profits at the expense of the suffering of the Iraqi people. And Al-Fahdawi indicated that the electronic armies of those parties played an important role in the rise of the dollar and exacerbated the crisis by spreading various rumors that aim to sell the dollar to citizens and businessmen until the amount of purchase runs out on the one hand, and to divert attention from currency smuggling operations on the other hand.

He stressed that the main parties supervising the spread of rumors belong to parties that control the government and economic policy, their main goal is to distort the facts and the continued preoccupation of citizens with the rise in dollar-dependent commodities and their continued control of private banks and the delay in the issuance of the US Federal Reserve’s decisions against six other banks accused of corruption, money laundering and currency smuggling to Iran. besieged by the US Treasury Department.

Al-Fahdawi stressed that the real confrontation of these electronic armies lies in clarifying the facts to the people through the media, and involving all popular activities to put pressure on the Central Bank by adopting a real mechanism and treatment, stopping dealing with banks affiliated with the parties, and reducing money laundering and currency smuggling abroad.  link

CandyKisses:  A NEW YEAR'S RESOLUTION-

CandyKisses:  NEVER TAKE NEW YEAR'S RESOLUTIONS SERIOUSLY

Mot: ....... Baaaaaaaaaaaa Bye! ~~~~~2022

The U.S. Dollar Surrendered Its Status as the World’s Premier Safe Haven In Q4

The U.S. Dollar Surrendered Its Status as the World’s Premier Safe Haven In Q4. Here’s How.

Dec. 30, 2022   By Joseph Adinolfi  Market Watch

The U.S. dollar’s status as one of the few dependable safe havens for investors during this year’s market mayhem started to erode during the fourth quarter, even as the greenback posted its biggest yearly advance since 2015.

For much of the year, the dollar’s strength was blamed for helping to weigh on stocks, as a more expensive currency ate into export revenues and corporate profits while higher Treasury yields made bonds increasingly attractive relative to stocks.

But something changed for the dollar around the beginning of the fourth quarter. Central banks in Europe and — more recently — Japan applied a more aggressive monetary policy, signaling that they intend to close the gap with higher U.S. yields created by the Federal Reserve. This helped to drive their currencies higher.

At the same time, investors in the U.S. were betting that the Fed’s campaign of interest rate rises was drawing nearer to its end.

This resulted in the euro EURUSD, +0.37% rising roughly 8.8% against the dollar, its biggest quarterly gain since 2010, according to Dow Jones Market Data.

Meanwhile, the ICE U.S. Dollar Index DXY, -0.33%, a gauge of the dollar’s strength against a basket of six major currencies, is on track to fall 7.7%, its biggest quarterly drop since the second half of 2010, Dow Jones Market Data show. The yen USDJPY, -1.44% and British pound GBPUSD, +0.36% also strengthened, along with many emerging markets currencies, and in the span of a single quarter, the dollar’s year-to-date advance was cut almost in half.

Despite this, the dollar index still rose 7.9% this year, its biggest calendar-year gain since 2015, when it rose 9.3% amid the eurozone debt crisis that stoked fears that the Greeks might abandon the euro.

Just before the start of the fourth quarter, the dollar index reached 114.11, its highest settlement level of the year, on Sept. 27, according to FactSet data. At that point, the popular gauge of the dollar’s value was up roughly 19% for the year.

 To continue reading, please go to the original article here:

https://www.marketwatch.com/story/the-u-s-dollar-surrendered-its-status-as-the-worlds-premier-safe-haven-in-q4-heres-how-11672430163?siteid=yhoof2