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IQD CALLS Chat Early Monday AM 1-13-20

IQD CALLS Chat Early Monday AM 1-13-20

Chattels   In Iraq, Balad Airbase hit by 8 Katyusha Rockets, 2nd attack in less than a week. http://mobp.as/f1anq

chattels   4 Iraqi soldiers injured in rocket attack on Balad Airbase. Balad hosts US forces.

http://nabdapp.com/t/68030376

chattels   US Army: Balad base did not include any of our forces while targeting it https://www.rudaw.net/arabic/world/120120209

chattels   Other: demonstrations and the American presence in Iraq at the head of the Al-Sadr and Al-Amri meeting  https://www.rudaw.net/arabic/middleeast/iraq/120120208

chattels   Ameri appears to not be under arrest.

chattels   In Iraq, heavy clashes between protesters & security forces in Karbala City.

chattels   In Iraq, unknown group sets fire to Badr Organization headquarters in Karbala Province.

http://mobp.as/D5dnq

chattels   Ameri is head of the Badr Organization

Doug_W   amazing

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chattels   State of Law: America seeks to thwart the economic agreement between Iraq and China https://www.rudaw.net/arabic/business/12012020

chattels   Doug_W ??

Doug_W   they are So disfunctional

chattels   Number of wounded Iraqi soldiers up to 6 in rocket attack on Balad AIr Base in Salahaddin probably by pro-Iran groups    LINK

Doug_W   So then when is enough enough?

chattels   MP from Binaa bloc said that Amiri and Sadr made a deal to return Abdul Mahdi to office but not announced yet  LINK

chattels   Another story that Amiri's Fatah and Maliki's State of Law want Abdul Mahdi to form a new interim govt https://almadapaper.net/view.php?cat=223953

chattels   https://twitter.com/JoelWing2

Sparky   biff ... chattels ...Iranian...

Sparky   ... Ameri, Maliki, Mahdi...Iranian puppeteers...imo...lol...

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Sparky   ...Iran being squeezed hard...like the progress...

Sparky   ...thinking newest sanctions will bring them to their knees...

Baxter   Lets hope so Sparky.....

Young_SC   Sparky indeed

Young_SC   All Iranian

oldlady   I want to be part of your chatroom , I have learned so much and yes I even found your chat site !

Oldlady   Praying for all the people of the world for peace and yes for the RV !! I am pretty new to the RV but the Lord has led me where I need ed to go ! Still getting called crazy though ! I made a tin hat to wear on the day of the events to come = I figure I won't have to say a word !

chattels    Iraqi PM quietly working to keep US troops in country  Jack Detsch January 11, 2020

Read more: https://www.al-monitor.com/pulse/originals/2020/01/iraq-pm-abdul-mahdi-keep-us-troops.html#ixzz6AuhNJy14

chattels    “My sense is that on a popular and political level is that almost no one wants the troops to leave and they’re going to do this public dance,” said Christine van den Toorn, president of the Iraq Fund for Higher Education. “There’s going to be a reorganization and a back and forth and some kind of shuffling that pleases Iran.”

Read more: https://www.al-monitor.com/pulse/originals/2020/01/iraq-pm-abdul-mahdi-keep-us-troops.html#ixzz6Aui8IafX

Chattels   Iranian Quds Force: there is a 3rd party using live fire against protesters in Iran. https://twitter.com/DavidMWitty1?lang=en

chattels   Hiwa Osman @Hiwaosman Jan 12

His speeches and reasoning for opting out of the Security agreement with the #USA are all pointing to his will to stay. Informed sources say that the #Iranians and their proxies in #Iraq struck a deal with him to oust the #US troops in return for keeping him in power.

chattels   https://twitter.com/Hiwaosman

chattels   Keeping him in power means that the biggest bloc (the one that passed the resolution to oust the #US troops) nominates him as their candidate for PM.

His recent visit to #Erbil was to talk to the #Kurdish leadership and test the waters in #Erbil for such scenario. https://twitter.com/Hiwaosman

chattels   It comes as no surprise that the proposed budget vastly expands spending in line with pledges to placate protesters.

- Spending on salaries increased from 50tr IQD to 60tr IQD

- Deficit set at around 40tr IQD

- Oil price down from $56 to $53 barrel + production same at 3.88 mbpd https://twitter.com/aalmawlawi

chattels   Iraq's currency regained its footing after a few shaky days last week. IQD/USD back to pre-crisis level at banks and money changers. Thus far extent of capital flight seems limited- a good development for Iraqi people if it holds.  https://twitter.com/geoffreysbatt

chattels   https://twitter.com/geoffreysbatt

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chattels   Iraqi currency stable again today, while the 2023 USD bond price and spread to US Treasuries are essentially unchanged (spread is just 4bp wider). Suggests both local and foreign money not especially alarmed by US threat to halt flow of dollars.

chattels   https://twitter.com/geoffreysbatt

chattels   The House of Representatives holds its session headed by Al-Kaabi

Monday, 13 January 2020

Baghdad / Nina / The Council of Representatives held its meeting today, headed by the first deputy speaker of parliament, Hassan Al-Kaabi. https://ninanews.com/Website/News/Details?key=807456

futuremoney   chattels Good Morning

chattels   12 Saudi trainers deported from the United States suspected of links to extremist movements

Monday, 13 January 2020 https://ninanews.com/Website/News/Details?key=807400

 chattels   Iraq warns of 'collapse' if Trump blocks oil cash

1 hour ago https://www.rudaw.net/english/middleeast/iraq/13012020

chattels   BAGHDAD, Iraq (AFP) – Iraqi officials fear economic "collapse" if Washington imposes threatened sanctions, including blocking access to a US-based account where Baghdad keeps oil revenues that feed 90 percent of the national budget.

chattels   The currency of oil is dollars and not IQD. The 35 billion dollars of Iraq's money in the US is dollars and not IQD.

chattels   "We're an oil-producing country. Those accounts are in dollars. Cutting off access means totally turning off the tap," the first Iraqi official said.

chattels   The Central Bank of Iraq's account at the Fed was established in 2003 following the US-led invasion that toppled ex-dictator Saddam Hussein.

Under United Nations Security Council Resolution 1483, which lifted the crippling global sanctions and oil embargo imposed on Iraq after Saddam's invasion of Kuwait, all revenues from Iraqi oil sales would go to the account.

Iraq is OPEC's second-biggest crude producer and more than 90 percent of the state budget, which reached $112 billion in 2019, derives from oil revenues.

To this day, revenues are paid in dollars into the Fed account daily, with the balance now sitting at about $35 billion, Iraqi officials told AFP.

Every month or so, Iraq flies in $1-$2 billion in cash from that account for official and commercial transactions.

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chattels   " ..................... it would mean the government could not carry out daily functions or pay salaries and the Iraqi currency would plummet in value.

"It would mean collapse for Iraq," the official said.

chattels   Iraqi officials said the US threat to deny access to oil revenues was met with shock, anger and near-disbelief.

"The PM was pissed and insulted," one official told AFP.

Another said the US would then irreversibly "lose Iraq."

"They'd push us towards Russia, China, Iran. We'd have to form a separate economy with those countries."

futuremoney  good luck with that...china is the only one buying..

chattels   The central bank sells more than / 262 / million dollars in the currency auction  Monday 13, January 2020 https://ninanews.com/Website/News/Details?key=807433

chattels   Baghdad / Nina / The Iraqi National News Agency / NINA publishes , the text of the draft law on the accession of the Republic of Iraq to the International Land Transport Agreement of 1975, which was voted on by the House of Representatives at its meeting today. https://ninanews.com/Website/News/Details?key=807464

chattels   The Convention on International Transport of Goods Under Cover of TIR Carnets (TIR Convention) is a multilateral treaty that was concluded at Geneva on 14 November 1975 to simplify and harmonise the administrative formalities of international road transport. (TIR stands for "Transports Internationaux Routiers" or "International Road Transports".) https://en.wikipedia.org/wiki/TIR_Convention

chattels   Baghdad / Nina / The Council of Representatives has resumed voting on the proposal of the health insurance law, and the vote on some of its articles is postponed to the next sessions after coordination and discussion with parliamentary committees and executive bodies. https://ninanews.com/Website/News/Details?Key=807465

chattels   Hardly the subject matter of laws that suggest a connection with currency reform, eh ?

chattels   Baghdad / Nina / The Parliamentary Services and Reconstruction Committee held a closed meeting to discuss the maturity of the draft law of the Iraqi Reconstruction Council before it was presented for a vote before Parliament, and also discussed ways to implement the agreement signed between Iraq and China. https://ninanews.com/Website/News/Details?Key=807459

chattels   The Constitutional Amendments Committee ends the review of proposals for amendments of independent bodies

Monday 13, January 2020 https://ninanews.com/Website/News/Details?Key=807460

chattels   " ............ independent bodies .........." could include the CBI.

chattels   The CBI is denominated as an independent commission under the Iraqi Constitution.

chattels   " Some of the independent commissions expressly provided for by the constitution include the

High Commission for Human Rights, the Independent Electoral Commission, and the Central

Bank of Iraq, which are subject to oversight by the Council of Representatives." https://law.stanford.edu/wp-content/uploads/2018/04/ILEI-Constitutional-Law-2013.pdf

chattels   An that's the way that it is from the news that I find and read out of Iraq on this Monday, January 13, 2020.

chattels   Each to their own thoughts and conclusions. Godspeed the completion of the Iraqi Banking Sector Reform Project,. God Bless us every one.

Doug_W   Silver:$18.11

 

https://www.iqdcalls.com/chat/

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