IQD CALLS Chat Early Sunday 4-26-20
IQD CALLS Chat Early Sunday 4-26-20
Doug_W The Iraqi dinar is falling apart: Corruption and Corona are jumping in dollars
Posted on April 18, 2020 The Iraqi dinar is falling apart: Corruption and Corona are jumping in dollars
The turmoil in the Iraqi dinar exchange rate against the dollar recently led to negative effects, which directly affected the business sector and commodities in the markets, which led to the loss of confidence of dealers and investors in the monetary authority.
The decline of the dinar came after the Central Bank of Iraq stopped its activities related to pumping liquidity in foreign exchange to meet the needs of banks and their customers, as it was pumping an average of 140 million dollars or more per day to maintain the value of the currency and support its stability, and stopping the pumping of liquidity led to a jump in the exchange rate of one dollar from 1200 to 1280 Iraqi dinars, amid warnings of the continuation of this rise due to the curfew imposed by the authorities as part of the procedures to face the outbreak of the Corona epidemic.
In the midst of the financial crisis experienced by the world in general and Iraq in particular in light of the collapse of oil prices and the large deficit in the budget for 2020, the government faces great economic challenges, most notably the difficulty that the central bank can maintain the value of the dinar against the dollar because of the corrupt control of the auction of selling currency, according to What officials and economists see.
In an interview with “The New Arab,” an official in the caretaker government said that “the central bank cannot maintain the value of the Iraqi dinar against the dollar by continuing to pump the hard currency to the market, because of the lack of public revenues due to weak demand for oil and the decline in its price.” That “the central bank will have to legalize the sale of the currency for a certain period until oil prices rise again.”
And Iraq, the second largest producer of crude oil in the Organization
Doug_W read rest at https://rawabetcenter.com/archives/107762
Baxter 4-25-2020 Newshound Guru Pimpy..the magical day tomorrow. Could this be the day of the rate change? Because tomorrow the ISX opens. tomorrow it will be open and we will see if the rate change did indeed happen.
Baxter IS TODAY.. OUR MAGICAL DAY??
Xyz A new drug test can "freeze" the Coronavirus
http://www.alliraqnews.com/modules/news/article.php?storyid=90854
A recent scientific study revealed that researchers have begun testing a new drug that can "freeze" the emerging corona virus and prevent its spread completely.
A report published on "Times News Now" that the new drug, is already an experimental cancer treatment drug, called "Aptamer".
And that drug can stop and freeze the growth of cancerous tumors, which researchers found that it is able to do with the Corona virus, as it freezes and completely stops its growth and spread.
The researchers at the University of Louisville, they are working on testing this drug empirically, so that the spread of the Corona virus can be controlled and its reproduction and outbreaks controlled.
"If this vaccine succeeds, it will help the emergence and spread of any other coronaviruses, because it freezes the same type of virus through its DNA, as it does with cancerous tumors," the researchers said.
The drug is slated to obtain FDA approval soon, until the human clinical trials phase begins soon.
Researchers are expected to begin testing the drug for people with severe diseases such as cancerous tumors
Dave Urgent: The President of the Republic confirms the nomination of competent and honest elements in the new government
Dave Today, Sunday, President of the Republic, Barham Salih, confirmed the candidacy of competent and impartial elements in forming the government of Prime Minister-designate Mustafa Al-Kazemi.
Dave https://www.alghadpress.com/view.php?cat=244054
Dave like to see more confirmation on that
Xyz Iraqi PM-Designate Expected to Propose a Reshuffled Cabinet Lineup http://www.basnews.com/index.php/en/news/iraq/599176
ERBIL — Iraq’s new Prime Minister-designate Mustafa al-Kadhimi is expected to propose a reshuffled lineup for his future cabinet, a lawmaker said.
Kadhimi, almost like his predecessors, is struggling to find a consensus with all political factions over his future government. His deadline to have his cabinet approved, according to the Iraqi constitution, is set for May 8.
MP Fadhil Fatlawi, from Fatih Alliance, said the PM-designate is likely to offer a new list of ministers in hopes of securing the support of all political factions, especially among the majority Shia blocs.
He said the new list will most likely be presented prior to a multilateral meeting between major Shia factions today evening.
If supported by the political factions, Kadhimi will forward the proposed cabinet to the parliament for a vote of confidence by Wednesday or Thursday next week, MP Fatlawi added.
Xyz A Chinese journalist: North Korean leader is dead
http://ninanews.com/Website/News/Details?key=828087
Baghdad (NINA) - The Deputy Director of the Hong Kong TV satellite channel said: "The North Korean leader, Kim Jong Un, has died, according to her information backed by a very strong source."
The journalist close to the Chinese government told her 15 million followers on the Chinese social networking site, Weibo, that the information she had uncovered about the death of Kim Jong Un, supported by a very strong source.
According to the International Business Times, the Chinese journalist's publication has been circulated widely on social media, and a picture purporting to show Kim Jong-un has been circulating dead inside a coffin.
While the newspaper was unable to verify these allegations independently, it indicated that the timing is interesting, as the news comes along with China sending a medical team to North Korea.
Earlier, Reuters quoted 3 people familiar with the situation as saying that China has sent a team to North Korea that includes medical experts to advise on the situation of North Korean leader Kim Jong Un.
There was speculation about Kim's health after his absence from the ceremony marking the birthday of his grandfather, Kim Il-sung, the founder of North Korea, on April 15.
xyz Why is it So Hard for Iraq to Form A Government? https://www.chathamhouse.org/expert/comment/why-it-so-hard-iraq-form-government
xyz Panic Hoarding, Trains Halted & Low-Flying Helicopters In Pyongyang Amid Conflicting Kim Death Rumors https://www.zerohedge.com/geopolitical/panic-buying-trains-halted-low-flying-helicopters-reported-pyongyang-amid-kim-death
After Decades Of Brainwashing, MSM & Governments Are Losing Control Of The People
https://www.zerohedge.com/markets/after-decades-brainwashing-msm-governments-are-losing-control-people
The mainstream media and governments are losing control of people all over the globe. Humans are finally standing up for their rights to live not as slaves, but as free sovereign people capable of making their own decisions without rulers and elitists calling the shots.
Xyz 4-26-2020 Intel Guru BobTheTaxMan ...we see an immense amount of pressure coming on Iraq to force them to have to do something...to be able to repay their debt by the revaluation of this particular currency they've got...
Doug_W Next June ... Iraqi-American negotiations to set a timetable for the withdrawal of US forces
Sunday 26, April 2020 13:45 https://ninanews.com/Website/News/Details?key=828142
Doug_W The Kurdistan Regional Parliament is about to send another delegation to Baghdad to discuss the salaries of the region's employees
Sunday 26, April 2020 13:04 |Baghdad / Nina / The Kurdistan Regional Parliament announced that it is about to send another delegation to Baghdad to discuss the salaries of the region's employees.
The website of the Kurdistan National Union stated: "The delegation of the Kurdistan Regional Government who visited Baghdad to discuss salaries and the budget of the region made clear the goal of his visit during his meeting with the Presidency of the Kurdistan Parliament and the heads of the parliamentary blocs."
He added, that the Parliament of Kurdistan, with the knowledge of the provincial government, was sending another delegation to Baghdad to discuss the salaries of employees of the province , which has become a major problem in the Kurdistan region. "
The General Secretariat of the Council of Ministers has asked the Ministry of Finance to stop the Kurdistan region pay the salaries.
According to the Secretariat, According to two documents signed by the Secretary-General of the Council of Ministers Hamid Al-Ghazi: "The Sumo Company confirmed that it did not receive the agreed quantity from the Kurdistan region / 250 thousand barrels of crude oil per day / according to the Federal Budget Law."
https://ninanews.com/Website/News/Details?key=828136
Doug_W https://ninanews.com/Website/News/Details?key=828136
Doug_W Baghdad / Nina / The dollar exchange rates stabilized on the Kifah Stock Exchange and local markets on Saturday.
The prices of the Kifah Stock Exchange - Baghdad recorded 123,300 dinars per 100 dollars.
The selling and buying prices in the banking
center : the selling price of the dollar = 124,500 dinars.
https://ninanews.com/Website/News/Details?key=827972 The purchase price of the dollar = 122,500 dinars. https://ninanews.com/Website/News/Details?key=827972
Doug_W A new meeting of Al-Kazemi with Shiite leaders tomorrow to agree on the new candidates Saturday 25, April 2020 https://ninanews.com/Website/News/Details?key=828005
Representatives for / Nina: Al-Kazemi will present new candidates, and if they refuse, he will apologize for the appointment
Saturday 25, April 2020 https://ninanews.com/Website/News/Details?key=828008
Al-Fateh Alliance for / NINA: A session of granting confidence will not be held soon, and Al-Kazemi will verify the names of the candidates if they agree with the political blocs / expanded
Saturday 25, April 2020 https://ninanews.com/Website/News/Details?key=828029
Doug_W #Update on KRG budget story: via Husham below, this is the letter to the Finance Ministry cutting the KRG off. It cites the relevant budget articles & notes that the KRG never fulfilled its part of the budget agreement. https://twitter.com/UticaRisk
Doug_W So far, there is no political consensus on Al-Kazemi's booth
Editing Date: 25/4/205 15:25
http://www.alliraqnews.com/modules/news/article.php?storyid=90776
Doug_W http://www.alliraqnews.com/modules/news/article.php?storyid=90776
Doug_W Iraqi MP from Diyala Province: Diyala had more terrorist attacks this month than any other month in the past 2 years. There were 6 attacks in 1 week & 22 killed & injured. Reinforcements needed & creation of new brigade to fill security vacuum. LINK
Courtesy David M Witty LINK
Doug_W The Iraqi caretaker government requests the Ministry of Finance to stop the payment of salaries of Kurdistan Region employees to http://iraqnewsapp.com/1/Article/3072/194328029#.XqTq92hKjIU
https://covid.joinzoe.com/us COVID Symptom Tracker
https://www.worldometers.info/coronavirus/ Covid-19 Coronavirus Pandemic Stats