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TNT
CandyKisses:
Demonstrations and strikes from work. Delayed payment of salaries paralyzes movement in Sulaymaniyah
Baghdad today – Baghdad
Today, Sunday (September 3, 2023), a local source reported that a number of government departments in Sulaymaniyah Governorate have gone on a general strike.
The source told “Baghdad Today” that “the electricity departments, the educational hospital, and the land registry office started a general strike because of the delay in paying the salaries of employees with their entry into the month of September and not receiving their salaries for the month of July until now.”
In the same context, the source confirmed that “the free lecturers in Sulaymaniyah organized a protest to demand their appointment to permanent staffing.”
He added, “The protesters threatened to escalate if their demand was not implemented by the concerned authorities.”
Tishwash:
Al-Sudani sponsors the signing of an agreement with the International Finance Corporation to develop and rehabilitate Baghdad International Airport
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Prime Minister Muhammad Shia Al-Sudani sponsored, this morning, Sunday, the signing of a pioneering agreement with the International Finance Corporation / IFC, to develop and rehabilitate Baghdad International Airport, where the Director General of the Civil Aviation Authority signed on the Iraqi side.
The agreement includes, according to a statement by the Prime Minister’s Office, a copy of which {Euphrates News} received, “the provision of the international corporation with an integrated investment portfolio that includes how to expand, finance, operate and maintain the international airport, raise the efficiency of its facilities and safety factors, and upgrade its services, to comply with international standards for airports in the world.” through a specialized international company.
Al-Sudani stressed, “This agreement is one of a series of agreements that will be concluded with the private sector, which will take the role of partner in developing infrastructure for various vital sectors in Iraq, within an economic vision that extends to 2030, that enhances the infrastructure needed for the sustainable development of the Iraqi economy.” .
He stressed that the government has given importance to the Baghdad International Airport file. Because it represents a civilized interface that represents Iraq and its people, and that falls within the framework of an integrated vision that includes all airports and is also based on diversifying means of transportation and interconnection with countries in the region and the world.
The agreement includes that the International Finance Corporation, a member of the World Bank Group, will provide consultations on the path of developing the role of the private sector, and strengthening its entry into the arena of public services, in partnership with the public sector, and sectors facing future challenges.
It is noteworthy that the International Finance Corporation has pioneering experiences in the region and the world in the field of airport rehabilitation, as it previously supervised the development and expansion of the most important airports in the Kingdom of Saudi Arabia and Turkey, as well as Queen Alia International Airport in the Jordanian capital, Amman. link
CandyKisses:
Integrity: Detection of manipulation and embezzlement of more than two billion dinars
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Economy News _ Baghdad
Today, Sunday, the Investigations Department of the Integrity Commission announced that it had carried out seizures of cases of embezzlement of more than two billion dinars and an injustice in estimating the value of a property to achieve a benefit at the expense of the state in the provinces of Diyala and Wasit.
The department stated in a statement received by “Economy News”, that “the work team of the Diyala Investigation Office, which moved to the Directorate of Real Estate Registration in the province, revealed that the Federation of Trade Unions in Diyala manipulated the amount of buying a property, as the property was purchased for (235,000,000) million dinars only, while the price was fixed in the purchase contract at (2,407,000,000) two billion dinars.”
She added that “the work team of the Wasit Investigation Office monitored that the official of Article (25) of the Law on the Sale and Rent of State Funds in the Directorate of the Municipality of Kut in line with the transaction of selling a residential plot of land with an area of (300 m 2) for an amount not commensurate with its real value, which led to damage to public money,” pointing out that “the official, who is a member of the assessment committee in the municipality, sold the land to his brother for an amount of (35,100,000) million dinars.”
She added that the team monitored the failure of the executor of justice to deduct the percentage of fees amounting to 3% of the amount of an executive file for a property, amounting to (11,000,000) million dinars, explaining that the property was registered in the Real Estate Registration Department, noting the issuance of the decision of the judge of the Investigative Court competent to consider integrity issues in Wasit to present the executive file to the External Audit Division in the Wasit Investigation Office, to clarify the violations, determine the violator and the value of waste in public money.
Source: Dinar Recaps
Harambe:
New e-visa policy to help lure more foreign visitors | Vietnam+ (9/3/23)
The e-visa policy, which took effect from August 15, is expected to help Vietnam attract a hike in the number of international visitors right in the autumn-winter tourist seasonof 2023, said Do Van Hao, Deputy Chief of Police at Tan Son Nhat International Airport in Ho Chi Minh City.
According to Hao, the resolution issued by the Government on August 14 on granting e-visas to citizens of all countries and territories represents a breakthrough and reaffirms the Vietnamese Government’s commitment to continuing the policy of openness to foreigners, creating favourable conditions in terms of visa, entry and exit procedures for them, especially those visiting Vietnam for the purposes of working, investment, and tourism.
The number of foreign visitors, especially those from Europe and the Americas, is projected to increase sharply after the Autumn-Winter tourist season starts (from late September to early October), Hao said.
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Tan Son Nhat International Airport put automatic entry systems (Autogate) into operation in early August, helping reduce the time for security check to about 30-40 seconds per passenger, the official noted.
However, Director of the municipal Department of Tourism Nguyen Thi Anh Hoa said a survey conducted by the agency at travel agencies found that there hasn’t been a significant change in tourist numbers to Vietnam following the implementation of the new e-visa policy.
Statistics reported by local hotels show that the number of room reservations for September reached around 70% of the total capacity.
Strong growth is expected in both international and domestic visitors during September and towards the end of the year, Hoa said.
Sharing Hoa’s opinion, General Director of Viet Tourism Communication JSC Pham Phuong Anh predicted that the new e-visa policy may increase the number of international tourism arrivals to Vietnam served by the company by 2-25% per year.
According to the Government’s decision, foreigners using e-visas are permitted to enter or exit Vietnam via 13 air border gates, 16 land border gates, and 13 sea border gates
https://en.vietnamplus.vn/new-evisa-policy-to-help-lure-more-foreign-visitors-official/267245.vnp
Vietnam to host Biden visit and elevate US links amid rising China assertiveness in South-East Asia | Brisbane Times (9/2/23)
The United States and Vietnam are poised to significantly enhance their economic and technological ties, bringing the former wartime foes closer at a time of increased Chinese assertiveness in South-East Asia.
The deal, expected to be announced when US President Joe Biden makes a state visit to Vietnam next weekend, is the latest step by his administration to deepen relations in Asia.
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For Hanoi, the closer relationship with Washington serves as a counterweight to Beijing’s influence.
The establishment of a “comprehensive strategic partnership” will give the United States a diplomatic status that Vietnam has so far reserved for only a handful of other countries: China, Russia, India and South Korea. The deal was confirmed by a senior Biden administration official and two people in Hanoi familiar with the matter.
Tightening the American relationship shows Hanoi is willing to risk angering Beijing but sees the move toward Washington as necessary given how aggressively China is flexing its military muscle in the region, analysts said.
“If you have the United States on the same pedestal as China, that is saying a lot to Beijing, but also to the rest of the region and the world,” said Derek Grossman, a senior defence analyst at Rand Corporation and a former US intelligence officer.
“That’s saying the US-Vietnam relationship has come a long way since 1995”, when the two countries normalised relations.
The agreement, proposed by the Biden administration in recent months, flows from a US strategy to build economic and security partnerships in the Indo-Pacific that can serve as a bulwark against Chinese economic and military coercion.
For Vietnam, it “serves both symbolic and substantive purposes”, said Le Hong Hiep, a senior fellow at the Singapore-based ISEAS-Yusof Ishak Institute.
The agreement is expected to lead to greater economic activity between the two countries, as the United States seeks to diversify its manufacturing supply chains away from China, and as Vietnam aspires to develop advanced technologies. American semiconductor firms have expressed “a willingness to support them in that ambition”, said a senior Biden administration official, speaking on the condition of anonymity because the agreement has not yet been announced.
The United States is now the top destination for exports from Vietnam, which has made a dramatic economic transformation over the past two decades.
VinFast, the country’s leading electric vehicle manufacturer, is now selling its sleek SUVs in California and recently held an initial public offering of its stock on Nasdaq.
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American companies have likewise shown a willingness to do business: Apple and Google suppliers have invested heavily in new factories in Vietnam, and a major announcement is expected from Boeing, which said earlier this year that it intends to expand its footprint in the country.
Iran shopping gold as dedollarization trend accelerates – Mehr News Agency (9/3/23)
According to the data from the Islamic Republic of Iran Customs Administration, gold, worth over $265 million, accounted for more than one percent of all Iranian imports during the five month period. Iran has been quietly ramping up its foreign purchases of gold, adding over 4.1 tons of standard gold ingots to the country’s coffers in the first five months of the Iranian calendar year (March 21-August 22).
Both the Iranian state and private citizens appear to have been turning to gold recently, with the World Gold Council reporting in May that demand for gold coins and bars by Iranians had jumped dramatically, with investment soaring to 13 tons over the first months of 2023 – 26 percent more than the 10 ton five-year quarterly average, as citizens searched for solid stores of values amid inflation and sanctions-related pressures.
Iranian Trade Promotion Organization chief Mehdi Zeighami indicated that the bump in gold imports was related to eased regulations by the state late last year related to the return of export proceeds, which has led companies engaging in exports to import gold to pay their hard currency liabilities to Iran’s Central Bank.
“Imports of gold ingot are economical for businesses and we have tried to diversify methods used for repatriation of hard currency,” Zeighami explained, Sputnik reported.
The measures are a boon to the Iranian state, which has worked carefully to build up gold reserves and expand domestic extraction activities. This week, Ministry of Industry, Mines and Trade Department of Exploration Affairs director general Ebrahim Ali Molabeigi announced that the country discovered some 79 tons of untapped gold reserves worth $355 million in 2022 alone.
Iran has successfully used gold to deal with sanctions, using it in trade to avoid using dollars or becoming ensnared in Western financial institutions subjected to US and European sanctions and secondary restrictions. The country now has an estimated 340 tons in proven gold reserves, although exact data on gold held by the Central Bank are unknown.
Gold’s attractiveness as a store of value has climbed steadily over the decades, reaching close to $2,000 an ounce in public trading this week, amid inflation and uncertainty about the value of the dollar and other paper money, and the growing popularity of gold in countries’ international reserves after witnessing how reserves held in Western currencies can be frozen or transformed from a financial instrument into a weapon.
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Speculation about the possible use of a gold-backed token of exchange by the BRICS bloc has served to further pique investor and government interest in the precious metal.
Earlier this year, Russian officials revealed that Moscow and Tehran were considering the use of a gold-backed ‘Persian Gulf token’ stablecoin. Financial experts said that idea, if realized could cause a potential “tectonic shift” in international finance, with serious implications not only for the dollar but for other fiat currencies around the world, since they could serve as “a very appealing safe haven alternative that cannot be weaponized against the owners and users of such tokens.”
https://en.mehrnews.com/news/205554/Iran-shopping-gold-as-dedollarization-trend-accelerates
Source: Dinar Recaps
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