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Tues. PM KTFA News Articles from Iraq 12-31-24

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KTFA

Clare » December 31st 2024

For four days.. Suspension of withdrawal and deposit operations in all Iraqi banks

The Central Bank of Iraq decided, on Tuesday, to suspend withdrawal and deposit operations for four days.

December 31, 2024 Baghdad / 

According to a document, the bank decided to close the bank’s doors on January 2, 2025 and stop conducting banking transactions for customers.

The bank also decided to suspend withdrawal and deposit operations on savings accounts in bank branches for the period from 12/30/2024 to 1/2/2025 for the purpose of completing the annual budgets.  LINK

“Major Security Event”… US Treasury Under Cyber ​​Attack”

12/31/2024

The U.S. Treasury Department was hacked in what it described as a major security incident, attributed to a Chinese state-backed entity, according to a document seen by Bloomberg.

The breach was carried out via a third-party software provider called BeyondTrust, where the hackers gained access to a cloud-based service used to provide technical support to the ministry’s offices.

The ministry said the documents accessed were unclassified, and that the affected service had been completely shut down.

Reports indicate that Chinese hackers were involved in the incident, while the Chinese embassy denied the accusations, considering them to be smear attacks that are not based on evidence.

The attack is part of a series of cyber espionage operations targeting the United States, including telecommunications companies, which has raised significant concerns at the national level.

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The Treasury Department confirmed that investigations are ongoing in cooperation with law enforcement and intelligence agencies, while receiving support from the affected service provider, BeyondTrust.  LINK

Baghdad is preparing to open 4 hypermarket centers.. 20% discount

12/31/2024

The Ministry of Commerce announced today, Tuesday, the opening of new hypermarket centers in the capital, Baghdad, in the coming days.

The ministry’s spokesman, Mohammed Hanoun, told {Euphrates News} that: “Regarding the work of hypermarkets, a center was operated on a trial basis in the Al-Bayaa and Al-Hurriyah areas in Baghdad, and four more will be launched in the coming days, bringing the number to 6 in the capital.” 

He added, “The markets include all the needs of citizens, and there is cooperation with government and private markets for the purpose of purchasing materials on credit,” indicating that “the prices of some materials are 20% lower than the local market, and many of them are 20% lower.”

According to his statement, Hanoun looks forward to “fulfilling citizens’ requirements of pharmacies, banks, restaurants, rest stops, and garages, most of which are free, civilized, and paid.”

Raghad LINK

Source: Dinar Recaps

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