IQD CALLS Chat Early Thursday 5-14-20
IQD CALLS Chat Early Thursday 5-14-20
kevin311312 The Associated Press@AP·Mar 12 BREAKING: The U.S. has launched airstrikes in Iraq targeting the Iranian-backed Shia militia members believed responsible for a rocket attack Wednesday that killed and wounded American and British troops at a base north of Baghdad
kevin311312 https://apnews.com/5ff9d48d1bdb2d2b1e4243d18930b159?utm_campaign=SocialFlow&utm_medium=AP&utm_source=Twitter
Baxter 5-13-2020 Intel Guru Delta Article: "3 options top the measures to confront the economic crisis .. What is the story of private budgets?" Quotes: "There are measures that must be taken to face financial distress other than internal borrowing or prejudice the central bank's reserves, noting that...among these options is a price change...
Exchange and stopping imports, in addition to stopping the currency auction and other economic measures."; "...accelerate the transmission of the budget in a way that reduces the deficit by reducing costs or by changing the exchange rate." ...ANOTHER BOMB ARTICLE...IMO...GET READY...PM SAID 48 HOURS…HALF IS GONE...
Baxter THIS IS TODAYS DELTA POST.............. 5-14-2020 Intel Guru Delta Article: "The Security Council welcomes the formation of the government headed by Al-Kazemi and pledges its support" Quote: "...
The members of the Security Council reaffirmed their full support for the efforts led by the United Nations Assistance Mission for Iraq...to support and assist the Government of Iraq and the Iraqi people through comprehensive political dialogue, reconciliation at the national and societal levels, and reform Economic..."
In a precedent that had not happened before the UN Security Council issued a statement supporting Mustafa Al-Kazemi. ALSO the UN Security Council SUPPORTING IRAQ IN ECONOMIC REFORM...IT LOOKS LIKE UN GIVING THE GREEN LIGHT...
Doug_W @futuremoney Silver:$15.89 +0.25
Doug_W Parliamentary Finance reveals a budget-oriented approach that has never been previously implemented
Doug_W https://aynaliraqnews.com/index.php?aa=news&id22=133937&fbclid=IwAR00sYxo5_EgXSZFFrxeXRQ3zlBpIx5arcZCysazCzSmpxJfBZcoICrXvoM
Doug_W The adoption of the monthly budget or other new options are all emergency options, given that Iraq is a rentier country and depends on one resource, which is oil at up to 90%, and this resource lives this period of great volatility," noting that "There are two approaches that have been raised about the nature of the budget for the current year"
Doug_W Silver:$15.98 +0.34
Xyz Parliamentary Finance reveals a budget-oriented approach that has never been previously implemented
Thursday 14 May 2020 | 02:51 pm Baghdad / ... Member of Parliamentary Finance Committee MP Jamal Kujer revealed, on Thursday, that there are two approaches regarding the form of the general budget for the current year 2020, indicating that one of them had not been previously implemented by the Iraqi state.
Cougar said in a press statement, "The adoption of the monthly budget or other new options are all emergency options, given that Iraq is a rentier country and depends on one resource, which is oil at up to 90%, and this resource lives this period of great volatility," noting that "There are two approaches that have been raised about the nature of the budget for the current year."
Cougar added, "The first orientation included that the price of a barrel of oil be stable with regard to the operational budget, which includes salaries and some of the expenses that are necessary, and a variable price for the investment budget," noting that "the second approach is to adopt monthly budgets approved according to need and according to the prices Oil globally."
Cougar stressed, "The second option has never been worked on by the Iraqi state, so it may be a complicated equation and a lot of projects may be slowed by the lack of clarity of the features of this proposal, but the first approach is the closest considering that it is current and it can be applied on the ground." End 2 https://aynaliraqnews.com/index.php?aa=news&id22=133937
xyz Parliamentary source: Al-Kazemi's government will print the currency to pay employee salaries
Thursday 14 May 2020 | 3:30 pm Baghdad / ... Parliamentary source confirmed, Thursday, that the government of Prime Minister Mustafa Al-Kazimi will go to print a new local currency in order to pay the salaries of employees.
The source said to "Eye of Iraq News", "This measure is one of the solutions to overcome this economic crisis that is ravaging the country, so it is necessary to find harmless solutions for future generations such as the use of cash or gold reserves in the central bank."
He pointed out that we, "after the application of this procedure, we expect a decrease in the Iraqi dinar exchange rate against the dollar," stressing that "this will have a positive impact on activating the industry in Iraq and not resorting to global or regional markets that provide goods to Iraq at low prices because of the high exchange rate The dinar is compared to the currency of Turkey, Iran and others."
On Wednesday, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, identified the loan disbursements that the government intends to request from home and abroad.
Saleh said in a press statement, "The government submitted a draft law to Parliament in order to authorize it to borrow from internal and external financing sources, in order to bridge the deficit and enhance public financial liquidity when necessary."
And, "The borrowing came because of the financial hardship that the country is going through, and in order to bridge the revenue deficit gap against fixed expenditures, especially in the operating budget."
He added, "The legal cover did not provide the government with internal and external borrowing, due to the lack of a federal budget law for the year 2020." https://aynaliraqnews.com/index.php?aa=news&id22=133944
Wilder xyz Parliamentary source: Al-Kazemi's government will print the currency to pay employee salaries
Thursday???
futuremoney Wilder yes....thats when the print shop is open...
Wilder, so it is necessary to find harmless solutions for future generations such as the use of cash or gold
Wilder futuremoney Speaking of their current currency?
futuremoney yes....lol
Wilder futuremoney tell them to go ahead and back it by gold.
Doug_W if they have a few ounces too much I will gladly relieve them of it and at NO cost to them except shipping
Kaperoni Latest float news...
Kaperoni Warnings against reducing the value of the dinar against the dollar to provide salaries for employees
Posted by Yaqin May 14, 2020 Today, Thursday (14 May 2020), the economist, Rasem Al-Akidi, warned against floating the Iraqi dinar against the dollar, that is, to reduce the value of the Iraqi dinar against the dollar, according to a proposal proposed by economists to provide additional funds for the Iraqi budget to be paid as salaries for employees.
Al-Akidi said, "The issuance of any decision to float the dinar against the dollar in light of the current conditions of Iraq has a great risk to the country, which is basically suffering from uncontrollable losses, namely fees, customs, taxes and many other financial resources."
And that "the flotation does not constitute an increase in the value of the Iraqi dinar, but rather we will see an increase in the exchange rates of the dollar because of the lack of its acquisition in the global market, especially with the decline in international oil prices."
He added that "the flotation will lead to a significant increase in prices, and will be paid by the poor," noting that "the flotation is taken in light of the stable financial conditions of the state, as well as the diversification of the economy and its dependence on resources other than oil."
Al-Akidi said that "floating the dinar against the dollar is launching the process of buying and selling without any limits, and the country will face an unprecedented rise in prices with limited and steady salaries, so conditions will be more difficult, especially in the humanitarian framework."
Economists suggested reducing the value of the Iraqi dinar against the dollar by a value ranging between 1300 dinars or 1400 against one dollar to provide additional budget resources that allow part of the salaries to be spent, while others considered that any proposed float process may go out of control and cause a significant increase in the price of the dollar
Kaperoni against the Iraqi dinar
Kaperoni https://yaqein.net/economy/258253
Kaperoni This is what is important...
Kaperoni He added that "the flotation will lead to a significant increase in prices, and will be paid by the poor," noting that "the flotation is taken in light of the stable financial conditions of the state, as well as the diversification of the economy and its dependence on resources other than oil."
Kaperoni So we wait. :) Float coming in year or two as I expected.
Kaperoni Later
Kaperoni Still no articles or news talking about RV lmbo.
Doug_W WHAT NO Rv?
kevin311312 Can the dinar float up when the price of oil goes back up
Doug_W kevin311312 that is Iraq ur asking about
kevin311312 I want my dime
Doug_W U and everybody else
Doug_W have one on ME
Clay oops forgot June LOL
Doug_W LOL ooopsie
kevin311312 so apparently they can float it whenever they want to
kevin311312 ether way
Doug_W CBI is an independent deal so yes
kevin311312 so than they don't half to pass any more laws
Doug_W HAVE to no
Doug_W how long U been in this?
kevin311312 to long
Doug_W me three
kevin311312 at least 10
Dave me4
Doug_W @futuremoney Silver:$16.06+0.42
Xyz Burr Resigns As Head Of Intel Committee Over 'Insider Trading' Probe https://www.zerohedge.com/geopolitical/fbi-seizes-senate-intel-chairmans-cellphone-probe-suspicious-virus-linked-insider
Dave new currency to pay employees.........thought they had currency?
xyz "No More Mr.Nice Guy" - Trump Urges Senate To Call Obama To Testify https://www.zerohedge.com/markets/no-more-mrnice-guy-trump-urges-senate-call-obama-testify
Dave wanna see new LDs........pretty please.......
Clay me too
Xyz Imperial cults and cults of personality https://en.wikipedia.org/wiki/List_of_people_who_have_been_considered_deities
xyz They all had power over other REGULARS and thought history would be nice to the them. To the contrary ...
Same here is dinarland that are judge/prosecutor/jury ... all in one per recent polling jejeje ... Z book gonna be refreshing going into some personal live back in the days ... Z can be a silly investigator with videos and photos to prove .
Baxter BREAKING: Los Angeles County’s stay-at-home orders extended for the next 3 months -
Baxter unbelievable....
Baxter GAS.......... Here today........... it 2 dollars a gallon..... it was 89 cents less than 2 weeks ago
Clay Baxter I heard
Clay that wont go over well
Baxter nope
https://covid.joinzoe.com/us COVID Symptom Tracker
https://www.worldometers.info/coronavirus/ Covid-19 Coronavirus Pandemic Stats