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 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
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.
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