KTFA
Samson » July 20th, 2019
Newspaper: billions of dollars are stuck between Jordan and Iraq
20th June, 2019
An Arab newspaper reported on Saturday that billions of dollars were stuck between Iraq and Jordan, saying that the issue had not been resolved for 25 years.
"Negotiations between Jordan and Iraq over the settlement of the financial file that have been stuck between them for more than 25 years have yet to be resolved," a senior Jordanian official was quoted as saying. "The reason for the failure of the negotiations is due to the great difference in the data provided by each party regarding its financial claims from the other," the Jordanian official said, speaking on condition of anonymity.
The Jordanian government says it has debts owed to Iraq for many years, while Iraq demands the release of deposits frozen in the central bank and banks, since the era of Saddam Hussein.
Jordan's debts to Iraq, according to the most recent report of the Central Bank of Jordan, include delayed assets on the Central Bank of Iraq , which amounted to more than 1.1 billion dollars, which arose in implementation of the trade agreements and payment facilities, and that the collection of these debts depends on the final outcome of negotiations between the two countries.
According to the Jordanian official, "the biggest problem lies in the lack of accurate data on the Iraqi side on the financial file, whether its deposits or debts to Jordan."
Jordan has transferred to Iraq a sum of its frozen deposits according to documents proving its size, but the Iraqi side has no record of its receipt of the amount.
"The two sides have held several meetings in recent years to settle and complete the financial file, but no agreement or understandings have been reached to close it," the Jordanian official said. LINK
JJonesmx » July 20th, 2019
Welcome to Iraq Finance 2019
Iraq is open for business and 2019 will be a decisive year for the country as its new government begins to kick-start huge infrastructure projects. This process promises to open up a vast range of financing opportunities.
Significant investments are needed in to rebuild the badly damaged infrastructure of the country. Long-awaited structural and administrative reforms are being implemented, revealing the immense investment potential in an economy poised for expansion. Iraq’s new government is committed to continuing this ambitious path by building on hard won improvements in security and promoting transparency in the economy, and at all levels of government.
Iraq is opening up for privatisation and is offering improved opportunities for foreign direct investment across the whole economy. The aim is to curtail the country’s dependence on oil revenues. Iraq is seeking new partnerships to fund multi-billion-dollar O&G, electricity and transportation projects as well as to address urgent fiscal and administrative reform issues. In particular, the country is seeking international partners to modernise its financial services infrastructure.
Connecting Iraq with global decision-makers, Iraq Finance 2019 is an event too important to miss. Under the Patronage of the Governor of the Central Bank of Iraq, Iraq Finance 2019 will gather key Iraqi officials, over 200 international investors, global corporate leaders, bankers, financial and legal professionals, as well as the most influential personalities on the banking sector in the region, in a unique and focused event.
Iraq Finance 2019 gathers all major stakeholders involved in directing the economic development of Iraq. Make sure you don’t miss out.
Speakers 2019
H.E Ali al-Allaq
Governor of the Central Bank of Iraq
H.E. Fuad Hussein
Minister of Finance of Iraq
H.E. Thamer Ghadhban
Minister of Oil of Iraq
H.E. Luay al-Khateeb
Minister of Electricity of Iraq
Dr Saleh Abdul-Alah al-Joboury
Ministr of Industry and Minerals of Iraq
Dr. Mohammad Hashim al-Ani
Minister of Trade
Dr Sami al-Araji
Chairman, National Investment Commission
The Opportunity
Hear from the highest-ranking Iraqi officials
Discover opportunities in Iraq’s banking, finance, and oil industries
Network with top delegates from the banking, finance, investment, insurance, and security sectors
Discover new business niches
Exhibit your services to senior Iraqi officials, as well as an international investment audience
Seal deals with top decision makers
http://www.iraqfinanceevent.com/
Don961 » July 20th, 2019
Washington launches military operations in the Gulf region
2019 - 07 - 20
The US Central Command announced on Saturday that it had launched a naval operation in the Gulf called Operation Sentry, which aims to "ensure the security and safety of maritime navigation in the region."
In a statement issued today (20 July 2019) by Digital Media NRT, the Central Command said "Operation Sentry" is a "multinational maritime effort aimed at enhancing maritime stability, ensuring safe passage, reducing tensions in the international waters of the Gulf and Straits." Hormuz, Bab al-Mandeb and the Gulf of Oman. "
He added that the "guard operation" will enable the maritime security framework for countries to provide security for vessels flying its flag, taking advantage of the cooperation of the participating countries to coordinate and raise awareness of the maritime field and control
"While the United States has committed itself to supporting this initiative, contributions and leadership from regional and international partners will be required to succeed," he said
"US officials continue to coordinate with allies and partners in Europe, Asia and the Middle East on the details and capabilities needed for Operation Sentinel, to enable freedom of navigation in the region and to protect vital shipping corridors, " he said. link
Source: Dinar Recaps
______________________________________________________
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we'll forward your request to the author.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2019 Dinar Chronicles
Samson » July 20th, 2019
Newspaper: billions of dollars are stuck between Jordan and Iraq
20th June, 2019
An Arab newspaper reported on Saturday that billions of dollars were stuck between Iraq and Jordan, saying that the issue had not been resolved for 25 years.
"Negotiations between Jordan and Iraq over the settlement of the financial file that have been stuck between them for more than 25 years have yet to be resolved," a senior Jordanian official was quoted as saying. "The reason for the failure of the negotiations is due to the great difference in the data provided by each party regarding its financial claims from the other," the Jordanian official said, speaking on condition of anonymity.
The Jordanian government says it has debts owed to Iraq for many years, while Iraq demands the release of deposits frozen in the central bank and banks, since the era of Saddam Hussein.
Jordan's debts to Iraq, according to the most recent report of the Central Bank of Jordan, include delayed assets on the Central Bank of Iraq , which amounted to more than 1.1 billion dollars, which arose in implementation of the trade agreements and payment facilities, and that the collection of these debts depends on the final outcome of negotiations between the two countries.
According to the Jordanian official, "the biggest problem lies in the lack of accurate data on the Iraqi side on the financial file, whether its deposits or debts to Jordan."
Jordan has transferred to Iraq a sum of its frozen deposits according to documents proving its size, but the Iraqi side has no record of its receipt of the amount.
"The two sides have held several meetings in recent years to settle and complete the financial file, but no agreement or understandings have been reached to close it," the Jordanian official said. LINK
JJonesmx » July 20th, 2019
Welcome to Iraq Finance 2019
Iraq is open for business and 2019 will be a decisive year for the country as its new government begins to kick-start huge infrastructure projects. This process promises to open up a vast range of financing opportunities.
Significant investments are needed in to rebuild the badly damaged infrastructure of the country. Long-awaited structural and administrative reforms are being implemented, revealing the immense investment potential in an economy poised for expansion. Iraq’s new government is committed to continuing this ambitious path by building on hard won improvements in security and promoting transparency in the economy, and at all levels of government.
Iraq is opening up for privatisation and is offering improved opportunities for foreign direct investment across the whole economy. The aim is to curtail the country’s dependence on oil revenues. Iraq is seeking new partnerships to fund multi-billion-dollar O&G, electricity and transportation projects as well as to address urgent fiscal and administrative reform issues. In particular, the country is seeking international partners to modernise its financial services infrastructure.
Connecting Iraq with global decision-makers, Iraq Finance 2019 is an event too important to miss. Under the Patronage of the Governor of the Central Bank of Iraq, Iraq Finance 2019 will gather key Iraqi officials, over 200 international investors, global corporate leaders, bankers, financial and legal professionals, as well as the most influential personalities on the banking sector in the region, in a unique and focused event.
Iraq Finance 2019 gathers all major stakeholders involved in directing the economic development of Iraq. Make sure you don’t miss out.
Speakers 2019
H.E Ali al-Allaq
Governor of the Central Bank of Iraq
H.E. Fuad Hussein
Minister of Finance of Iraq
H.E. Thamer Ghadhban
Minister of Oil of Iraq
H.E. Luay al-Khateeb
Minister of Electricity of Iraq
Dr Saleh Abdul-Alah al-Joboury
Ministr of Industry and Minerals of Iraq
Dr. Mohammad Hashim al-Ani
Minister of Trade
Dr Sami al-Araji
Chairman, National Investment Commission
The Opportunity
Hear from the highest-ranking Iraqi officials
Discover opportunities in Iraq’s banking, finance, and oil industries
Network with top delegates from the banking, finance, investment, insurance, and security sectors
Discover new business niches
Exhibit your services to senior Iraqi officials, as well as an international investment audience
Seal deals with top decision makers
http://www.iraqfinanceevent.com/
Don961 » July 20th, 2019
Washington launches military operations in the Gulf region
2019 - 07 - 20
The US Central Command announced on Saturday that it had launched a naval operation in the Gulf called Operation Sentry, which aims to "ensure the security and safety of maritime navigation in the region."
In a statement issued today (20 July 2019) by Digital Media NRT, the Central Command said "Operation Sentry" is a "multinational maritime effort aimed at enhancing maritime stability, ensuring safe passage, reducing tensions in the international waters of the Gulf and Straits." Hormuz, Bab al-Mandeb and the Gulf of Oman. "
He added that the "guard operation" will enable the maritime security framework for countries to provide security for vessels flying its flag, taking advantage of the cooperation of the participating countries to coordinate and raise awareness of the maritime field and control
"While the United States has committed itself to supporting this initiative, contributions and leadership from regional and international partners will be required to succeed," he said
"US officials continue to coordinate with allies and partners in Europe, Asia and the Middle East on the details and capabilities needed for Operation Sentinel, to enable freedom of navigation in the region and to protect vital shipping corridors, " he said. link
Source: Dinar Recaps
______________________________________________________
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we'll forward your request to the author.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2019 Dinar Chronicles
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