Dinar Recaps

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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.

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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.

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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.

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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

https://www.iqdcalls.com/chat/

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