IQD CALLS Chat Early Thursday 10-31-19

IQD CALLS Chat Early Thursday 10-31-19

Portmagaland   I want to pick your brains

Portmagaland   What do you guys make of Isreal closing down all their embassies?

Portmagaland   http://m.beforeitsnews.com/alternative/2019/10/world-war-israel-closing-all-of-its-embassies-worldwide-effective-immediately-wwiii-3703660.html

Portmagaland   That article says it's because they are going to war. I've heard another theory about a lot of our bad actors have duel citizenship and might make a run to an Israeli embassy trying to escape American justice?

Portmagaland   No matter what, it's interesting, no?

Portmagaland   Supposedly they closed them after Steve Mchuin spoke the the Isralie Finance minister. This story broke yesterday but seems to be gaining steam

Chattels   Jerusalem (CNN)Israel's diplomatic missions around the world closed on Wednesday as Foreign Ministry workers went on strike over a dispute about paying taxes on overseas stipends. https://www.cnn.com/2019/10/30/middleeast/israel-embassies-closed-intl/index.html

chattels   Iraq prime minister's fate in limbo as protests swell  By Ahmed Aboulenein   Reuters Oct 30, 2019

https://www.wenatcheeworld.com/news/world/iraq-prime-minister-s-fate-in-limbo-as-protests-swell/article_4f678a0e-37c2-5ee1-bcc5-4f53cf57479f.html

chattels   Despite promising reforms and ordering a broad reshuffle of the cabinet, Abdul Mahdi has done little to address the demonstrators’ complaints. Parliament passed measures on Monday including reduced salaries for officials, but protesters derided this as too little too late.

chattels   " ................. too little too late."

chattels   Protesters from across Iraq’s sectarian and ethnic divides thronged the center of the capital Baghdad in a show of fury at the political class. While Abdul Mahdi’s fate was not yet clear, demonstrators said removing him would not be enough.

chattels   By the way, remember the question about Alak and his replcaement as Governor of the Central Bank of Iraq ? See Document: Including the Governor of the Central Bank .. Abdul Mahdi sends the names of candidates for private positions to parliament 7/06/2019

https://www.mawazin.net/Details.aspx?jimare=52695

 chattels   Baghdad Mawazine News    " Prime Minister Adel Abdul Mahdi, the names of candidates for positions of special grades, including the Governor of the Central Bank to the House of Representatives after the approval of the Council of Ministers. .............. nominated Ali Abdul Amir Allawi for the post of Governor of the Central Bank, ......."

chattels   Who is Ali Abdul-Amir Allawi ? See http://www.globalinfluence.world/en/leader/ali-abdul-amir-allawi/

chattels   And http://news.bbc.co.uk/2/hi/middle_east/6446189.stm

chattels   Ali is son of Ahmad Chalabi's sister, making him Chalabi's nephew. https://www.speakerbookingagency.com/talent/ali-abdul-amir-allawi

chattels   Fixing Iraq's Economy

What are Iraq's Trade Minister Ali Abdul-Amir Allawi's views on his country's economic future?

By The Globalist, October 22, 2003 https://www.theglobalist.com/fixing-iraqs-economy/

chattels   Intel: What’s fueling Iraqi anger at the government   Ali Mamouri October 31, 2019

Read more: https://www.al-monitor.com/pulse/originals/2019/10/intel-iraq-protests-anger-government.html#ixzz63uS13evR

chattels   If Abdul Mahdi does step down, the president would take over as prime minister and the government would give way to a caretaker government. It’s also possible that parliament could remove Abdul Mahdi if one-fifth of members call for a vote of no confidence and then the vote is approved by a majority.

In either case, in the prime minister's absence the president would then charge the nominee of the largest parliamentary bloc with forming a new government.

 If the parliament failed to form a new government, it can dissolve itself with majority vote and the current government would turn to a caretaker government and it would have to organize new elections in 60 days. Parliament could also withdraw confidence from the prime minister based on a request from the president.

Read more: https://www.al-monitor.com/pulse/originals/2019/10/intel-iraq-protests-anger-government.html#ixzz63uShrZPZ

chattels   Abdul Mahdi resigning New govt put together by Sadr & Amiri would not satisfy protests as elites would continue to hold power Protesters called for new election law new elections & booting ruling parties http://musingsoniraq.blogspot.com/2019/10/massacre-of-karbala-protesters-as-talk.html

Doug_W   Silver:$18.18

Baxter Chattels   .. Good Morning... did you find the article Kap was referring to about the CBI in Feb may go to Article 8

larrykn   Good Morning everyone

larrykn   Iraq prime minister's fate in limbo as crowds of demonstrators swell https://www.thebaghdadpost.com/en/Story/44536/Iraq-prime-minister-s-fate-in-limbo-as-crowds-of-demonstrators-swell

larrykn   Rocket seen heading towards Baghdad's green zone, blast heard https://www.thebaghdadpost.com/en/Story/44540/Rocket-seen-heading-towards-Baghdad-s-green-zone-blast-heard

larrykn   World Bank: Iraq's economy slowly recovers

Economy News - Baghdad:  Iraq's economy is slowly recovering in 2019, the World Bank announced.

"In the first half of 2019, GDP grew by 4.8% compared to the previous year, leading to a reverse shift in the contraction of the economy over the past two years," the World Bank said in a report on Iraq, seen by Economy News.

"This growth is the result of an increase in crude oil production (up to 6.3% so far) and a 5.6% recovery in non-oil economic activity in the first half of 2019 compared to last year," he said.

"The recent recovery is due to improved rainfall levels, the production of record agricultural crops, an improvement in electricity production and an expansionary fiscal policy associated with increased wage and public consumption bills," he said.

"Such positive developments are expected to raise real GDP growth to an estimated 4.6% by the end of the year," he said.

"The Iraqi economy outperforms its counterparts in the region this year, but the dynamics of its population require much higher growth to maintain the current level of prosperity," he said. http://economy-news.net/content.php?id=18121

Crazycrypto   QD/USD - Iraqi Dinar US Dollar

Real-time FX   0.00840 +0.00001 +0.08%

Prev. Close: 0.00840

Bid/Ask: 0.00840 / 0.00841

Day's Range: 0.00840 - 0.00840

18:00:03 - Real-time Data

Type: Currency

Group: Minor

Base: Iraqi Dinar

Second: US Dollar

Crazycrypto   seems the iraqi dinar is no longer listed as an exotic currency

Crazycrypto   its listed as minor

Crazycrypto   Minor" Currency Pairs - When a currency pair doesn’t include the US dollar, it’s called a "minor currency pair" or a "cross-currency pair". Here are a few minor currency pairs:

Crazycrypto   EUR/GBP — Euro/British pound

EUR/AUD — Euro/Australian dollar

GBP/JPY — British pound/Japanese yen

CHF/JPY — Swiss franc/Japanese yen

NZD/JPY — New Zealand dollar/Japanese yen

GBP/CAD — British pound/Canadian dolla

Crazycrypto   sounds as if Iraq may be in the minor league now next step is the BIG leagues baby

Crazycrypto   we can only hope

Baxterwhat is he talking about Doug?

Doug_W   Baxter he is saying it APPEARS that the IQD is no longer an exotic currency but has been UPgraded to a "minor" one

Baxter   Yes... but what does that mean.... Dimes Maybe

Doug_W   IDK exactly what it means BUT it can't be bad if it has been upgraded

Doug_W   I have long read that it has be no longer be an exotic currency to be international~~

Loren   I got a email last nite from ktfa saying that the Dinar revalued in Iraq. Has anybody else heard that?

Baxter   NOPE...

Baxter   I dont get his emails though

Baxter   its not on the CBI.... so ... it hasnt happened

Loren   Can't argue with that source.

Loren   In your opinion. Where are we at right now?

Baxter   Not a clue

Baxter   its all speculation... at best

Baxter   14 years in this for me....and I havent seen my first dime

Loren   Unfortunately it always has been. I bought mine in Iraq 14 years ago, even then I knew it was like buying lottery tickets. I bought in just in case it did happen, although my reinforcement was Kuwait.

Baxter   but Kuwait... never Rv'd... all they did was re instate it to its value before Sadaam..

Baxter   Im sure there was some profit taking in the beginning... but most of it is Guru Nonsense

Baxter   Loren.... you have to understand something... when Kuwaitt brought their value back... they didnt put out over 40 TRILLION dinar.... that is the BIG difference here

Baxter   that is why their valued stayed the same..

Baxter   not the case for IRAQ

Doug_W   Silver:$18.130 tht is plus.22

Loren   Ya but, there was money made on the KD. I hope that you are not calling me a Sadaam hero? I went ovewr there to fight against that man.

Baxter   Im sure there was money made... most likely on the Black Market

Loren  Thank You!

Baxter   but the value... never changed..never increased in value..

Chattels   Baxter My sense was that Kap was speculating about an article that referenced " the CBI making a courageous decision to control the movement of funds in February 2020." He conjectures about whether the meaning of such is that the ( CBI intends to accep IMF Article VIII, IMO.

Doug_W   10-4

Baxter   CHattels... did you see the article he is referring to?

Loren   I am a Vet, but I served in the Navy 1977 to 1983. I went over as a contractor 2003 to 2013, working for KBR.

chattels   Baxter I have not seen the article that he may be referring to.

31 Oct 19, 09:15 AM Baxter   ok.. thx

Chattels   Baghdad / Nina / Speaker of the House of Representatives Mohammed Halbousi: "We sent a formal request to the Office of Prime Minister Adel Abdul-Mahdi on hosting him, and we await the answer. https://ninanews.com/Website/News/Details?Key=795699

chattels   Baghdad / Nina / Speaker of the House of Representatives Mohammed Halbousi lifted the meeting of the Council until the presence of Prime Minister Adel Abdul Mahdi. https://ninanews.com/Website/News/Details?Key=795709

chattels   Iraqi National News Agency ( NINA ): "To achieve the proposed reforms of the federal government in light of the deficit of the federal budget for the next fiscal year, we must pressure OPEC to the possibility of increasing Iraq's export quota to cover the budget deficit, and the possibility of offering to repay Iraq's external debt It is worth more than 110 billion dollars through investment or oil and gas. "

He called for: "the sale of part of public and private property to finance the budget deficit and freeze the funds of Iraqis at home and abroad to ensure that they are not contaminated with corrupt funds, and the process of verification through an independent committee of experts and local competencies and through the use of international consultants and the process of recovering these funds from Sources of deficit coverage in the federal budget

https://ninanews.com/Website/News/Details?key=795631

chattels   BAGHDAD / NINA / The Central Bank of Iraq sold more than / 163 / million dollars at auction selling foreign currency today.

The bank said in a statement: "The total amount sold today, amounted to 163 million and / 162 / thousand and / / 216 / dollars, with the participation of / 30 / banks and one company."

https://ninanews.com/Website/News/Details?key=795649

chattels   Economic specialist: injecting budget paragraphs with new allocations is an unsuccessful step without maximizing non-oil revenues

Thursday 31 October 10:31 2019 https://ninanews.com/Website/News/Details?key=795627

chattels   " .............. quantitative employment - is one of the problems that exhausted the public budget and this is indicated by the reports of the International Monetary Fund - which forced the reformulation of spending policy and rationalization in the public budget, which suffers from a series of near-chronic problems (deficit, salaries of employees and retirees, dependence on oil Operational budget, which still constitutes 78% of the general budget)."

chattels   " ............... salaries of employees and retirees, ............... which still constitutes 78% of the general budget."

chattels   "We need the use of unconventional economic thought that deals with a global approach in many important service, industrial and residential sectors to lift the burden on the public budget and the possibility of preparing the way to revive the Iraqi economy, which is hampered by obstacles of corruption, waste and failure."

chattels   " ................ obstacles of corruption, waste and failure."

chattels   Have a fine day all.

Zig   @Loren: If you or anyone else has interest, you can read about one of our chat member's experience with the Kuwaiti Dinar at https://www.iqdcalls.com/other.html Scroll down a bit...

Young_SC   Baxter Loren well like what Frank has stated before you can take his opinion and listen to what he is saying or you can take his opinion and throw it in the garbage

Young_SC   I'll tell you this that most of what Frank had stated in the past has actually come out in the news the week later and he also stated 6 months ago they will get rid of the current prime minister and we are seeing it for ourselves now

Young_SC   Jus saying

Doug_W   Silver:$18.230 +.32

Andrewhatidid   SO let me get this straight AL SADR Abadi Hamiri Etc......

(DEEP STATE) calling Adel Abdul Mahdi and the current govt A Iran puppet   A traitor but just came back from Iran   (Behind the scenes) Driving through the demonstrator crowd  And the Iraqi people say nothing about that  WOW SUPER NAÏVE   OR SUPER LOST

Because how a so call religious person Asking certain people to destroy their own country and Mahdi govt because he claim of corruption etc...But having secret meetings with certain people behind the scenes

Kinda sound like the deep state here in America  when it comes to trump (POTUS)..........

Anyways at the end of the day  They still lose !!!!  They still fail !!!!  No matter how hard they try   # IT'S GOD TIME BIH !!!!!!   https://www.youtube.com/watch?v=75h8MMeCnAw

Matt   Dow Jones Industrial Average  INDEXDJX: .DJI   26,978.76 −207.93 (0.76%) ouch down -207

Zig   Baxter : Do you think you will ever give up on this?........Me?.....Not sure......

Baxter   Nah.... something will happen someday....

Baxter   one way or the other

Baxter   im getting concerned about 2020 though

Baxter   we have to wait and see what the govt does now...

Baxter   these citizens aint messin around anymore

Baxter   Sadr means business... IMO

Zig   If there is a civil war we are screwed.....IMO

Baxter   oh yes

Baxter   hopefully the U S wont let that happen

 

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