IQD CALLS Chat Early Wednesday 2-12-20
IQD CALLS Chat Early Wednesday 2-12-20
Chattels Sadr disbands 'blue hats', calls for independent government https://www.rudaw.net/english/middleeast/iraq/110220203
chattels Allawi is under intense pressure to form an inclusive government which satisfies Iraq’s powerful political blocs and the protesters who have been on the streets since October.
He now has until the end of the month to form a cabinet.
chattels Anti-government protesters have been in the streets for more than four months, demanding regime change, constitutional change, and better lives in a country where poverty and corruption are widespread.
Security forces and unidentified armed groups have responded with deadly violence, including live rounds and military-grade tear gas.
More than 600 protesters and security force members have been killed, and at least 18,000 people injured since protests began in October, according to Human Rights Watch.
The disbanding of the militia follows a deadly attack on protesters in Najaf on Wednesday, where individuals claimed to be part of the ‘Blue Hats’ killed 11 protesters and injured hundreds.
chattels Iraqi security forces launch “Operation the Heroes of Iraq” to secure Jordanian-Syrian-Iraqi border.
http://mobp.as/uzcwq
chattels NATO working to increase number of trainers in Iraq from 500 to possibly 2000. However, this will not mean an increase in Western forces because US will provide trainers from its troops already present in Iraq. NATO separate from International Coalition. http://mobp.as/oFcwq
chattels Courtesy David M Witty https://twitter.com/DavidMWitty1?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
Patty chattels Thank you.
chattels Allawi will succeed in submitting his government formation during the specified time period and it may not be complete and may be half + one, but he will succeed in submitting the ministerial formation to the House of Representatives in all cases. https://ninanews.com/Website/News/Details?key=812145
chattels Who can remember when Iraq had a fully formed government, i.e., a complete set of ministers ?
chattels Half + one of some 23 ministries is a legally " functional " government
chattels Allawi's proposed government will be incomplete as has been those of Abdul Mahdi and Abadi.
chattels Baghdad / Nina / Foreign currency markets in Baghdad recorded stability in the exchange rate of the US dollar against the Iraqi dinar.
The selling and buying prices of the dollar for the banking companies came as follows:
The selling price of the dollar was 121 thousand and 250 dinars per hundred dollars.
The purchase price of the dollar is 120 thousand and 250 dinars per hundred dollars. https://ninanews.com/Website/News/Details?key=812148
chattels The central bank sells more than / 235 / million dollars in the currency auction
Wed 12, Feb 2020 https://ninanews.com/Website/News/Details?key=812185
chattels Economist for NINA: Delayed budget approval / major disaster / challenge for the next government
Wed 12, Feb 2020 https://ninanews.com/Website/News/Details?key=812158
chattels "the previous government was late to work on approving the budget and sending it to parliament. Unfortunately, it depended on financial management represented by 1 on 12, which made citizens' interests disrupted, explaining that 1 on 12 guarantees daily allocations, salaries and wages only, but we have very important allocations like the Ministry of Health And buying medicine and the Ministry of Trade and bring the supplies to the ration card and other important ministries."
chattels My understanding is that absent budget approval there is no project money and little money for anything else except salaries and wages only. Hardly the kind of government participation in the economy necessary to propel private investment. It is a bad thing.
chattels Have a fine day all.
Whitelions The central bank participates in the fifteenth conference of the population census..........In the presence of His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Ismail al-Muhtarm, the fifteenth and second national conferences opened on Wednesday, February 12, 2020, and the second at the international level, specializing in statistical data and population census under the slogan (Population Census, Development Paths with statistical evidence) .
And the participation of the Central Bank of Iraq to enhance the role of the population census of Iraq in 2020. The Central Bank of Iraq information Office February 12, 2020.... https://cbi.iq/news/view/1419
KRnMS on this issue of will iqd ri/rev “overnight
KRnMS considering the very real exist nice of fils and low denoms
KRnMS the release of said fils and low denoms would necessitate such sudden revaluation
KRnMS otherwise they would have no useful value
KRnMS as we know the iqd was devalued “overnight
Deano @KRnMS. I agree with a certain individual that shows up now and then. They're not going to just rv/ri overnight. But my questions is, what if they have been working on this for a few years to do just that? While we're sleeping.
KRnMS it will also be revalued overnight, there is no other way to int oduce the fils and low denoms
KRnMS the present value is artificial ial due to sanctions for terrorism, and that can and will change suddenly when conditions are stable
Deano Remember. Overnight to us. But it's daytime to them.
Deano @KRnMS. Is this your opinion?
KRnMS it doesn’t matter how many trillions are in circulation
KRnMS but I have trouble believing 40 million people only have 1000 iqd each on the average
Deano Again. Is this your opinion?
KRnMS the facts plus logical thinking and reports from the cbi considering the plans for deletion of zeroes
KRnMS its a fact there are 40 million people in iraq
KRnMS 1000 dinar might buy a loaf of bread
KRnMS think about it, there’s way more than 42 trillion in circulation, cbi brings in 250 trillion a day selling 259 million usd daily!,,
Deano @KRnMS. Can you provide those facts? I'm not hounding you, or disrespecting your thoughts.
KRnMS About 250 million usd a day sold at the auctions daily lately, you can check that
Deano Believe me. I do think of these things and see these articles. But I'm also a firm believer that there's more going on behind closed doors than what others might think.
KRnMS Love the news the blue hats are actually U.N. PEACE KEEPERS, attacking Iranian militia and protecting Iraqi demonstrators!,,
KRnMS You know the truth of how iqd was devalued, don’t you?
Deano I don't go that far back. Only that it had to do with Saddam.
KRnMS To buy 250 million usd with dinar, that’s 250 trillion iqd, !!
KRnMS think!!
KRnMS currency auctions have to end soon
KRnMS trump is breaking down Iran, ending the auction is the final blow
KRnMS think!!
Patty KRnMS Thank you.
KRnMS Iqd did not de alum due to economic conditions, no but due to war and sanctions to drastically weaken Saddam/Iraq , overnight and those same sanctions will be lifted overnight when Iran is out and beaten
KRnMS think!
Deano I do agree about the auctions. That's what's killing them right now.
Deano You stop the auctions. You remove funding for Iran.
LeLe Zig you forgot about meatball, Brew and tx.
KRnMS Yes there are certainly things happening we don’t know, never tell the enemy what you will do, what your preparations are, but have faith we have a leader that is on the righteous path
LeLe KRnMS Deano thanks for the great conversation.
KRnMS y’all have a great day!
Deano Later.
Deano And that was all she wrote.
TWWIII Wow seems to be a big pizza battle here this morning. Glad I wasnt here but I read most of it. Im off to work for another bizy day. Yes there is a lot of stuff going on over there. They have hated each over there for several centuries now & will continue. They need GOD in their hearts as we do. Shalom.
Zig No major injuries from earlier today...just a few bumps and bruises...
Zig "KRnMS"
"To buy 250 million usd with dinar, that’s 250 trillion iqd"...............No, that would be 250 Billion Dinar.....about 1000:1
Young_SC Deano KRnMS and people fail to mention the budget
Young_SC This year the budget is at 48 trillion. Has anybody thought about where or how can they cover that entire budget funding with 1190 rate of their own currency??
Young_SC Just pointing it out to you guys
Zig I'll tell you what would be interesting...to see a conversation between Kaperoni and Frank 26 in here....if they could keep it civil....but I doubt that Frank would ever come in here....lol
Zig Young_SC : They will probably borrow the money....
Young_SC Zig borrow the money from where?? Lol