IQD CALLS Chat Friday 4-24-20

IQD CALLS Chat Friday 4-24-20

 Baxter   UN Calls For Trillion Dollar Debt Jubilee For Poorest Countries

For weeks, the United Nations, International Monetary Fund, and World Bank have stated the only solution for emerging market economies severely damaged by the coronavirus outbreak is a "debt jubilee."

The United Nations Conference on Trade and Development (UNCTAD) published a note on Thursday morning that said about $1 trillion in debt owed by developing countries should be canceled to avoid an emerging market debt crisis.

Baxter   https://www.zerohedge.com/economics/un-calls-trillion-dollar-debt-jubilee-poorest-countries

Baxter   READ

futuremoney   GCR possible?

Baxter   OUR ONLY CHANCE

futuremoney   agree

Baxter   supposedly.... your dinar will be exchanged in the U S.. for oil credits..and you will be issued Bonds... to put that money back into our Economy     bonds...at one percent

hspohio   Fine with me...

Baxter    that is what I have been hearing..

Baxter   you will be able to get actual dollars for a certain amount of it... but most will be in bonds

Futuremoney   if you cant get the money, what good is it

Baxter   you will be paid interest on the bonds.. and if you want to invest..in like a house or something..the money will be provided

Baxter   thru the bonds

Baxter   I hope its true...cause if we have to wait for Iraq..we will all be dead and buried and forgotten by then

Baxter   Iraq is nothing but a cesspool...

futuremoney   yup   just figured out 1 percent on what i hold, i couldnt live on it...great

Baxter   thats why I bought a bunch....LOL

Doug_W   never say how much

Baxter   did you see where NY has had an increase of 30% in burglaries since the virus...and if the cops catch them.. they are just turning them loose

Futuremoney   whats one percent? in case i screwed up  40,000 a year?

Baxter   about yes futuremoney   its non taxable also   pretty sure

futuremoney   well slap me and call me red faced...

Baxter   I could easily live on 40 k a year  I dont have any expenses   though

futuremoney   could you pay off debt with the bonds?

Baxter   yes

futuremoney   oh well thats better   all debts aside , i could live well on 40

Baxter   I pray its true.. believe me

futuremoney   just another scenerio

Baxter   yep..thats all it is

futuremoney   i heard that one when i first bought

Baxter   yep...so did I

Futuremoney   just cant figure out WHO is going to deal with this..i think the banks arent going to want to touch this

Doug_W   Lawk Ghafuri     https://www.rudaw.net/english/analysis/24042020

ERBIL, Kurdistan Region – In a rite of prime minister-designate passage, Mustafa al-Kadhimi handed over a letter containing a list of ministers nominated for Iraq’s next cabinet to Shiite political parties on Wednesday, according to the state Iraqi News Agency (INA) outlet.

A former director of Iraq’s intelligence service, Kadhimi was appointed as PM-designate on April 9, and granted a month in which to select a cabinet to be presented to Iraqi parliament.

His appointment has so far managed to garner more cross-party support than his two PM-designate predecessors – former communications minister Mohammed Tawfiq Allawi, then three-term Najaf governor and Nasr parliamentary bloc leader Adnan al-Zurfi.

Doug_W   https://www.rudaw.net/english/analysis/24042020

Doug_W   Silver:$15.49 +0.22

bif   Doug corona virus turns you black. https://youtu.be/ZdFk65psFjk

Bif   I guess its not good to catch this virus

Doug_W   not at ALL

bif   Dave corona turns you black

V8   Hello,anyone knows in Spain,a place to redem or exchange the Zims,when the rv starts??

V8   Thanks so much in advance

Wilder   Second COVID-19 outbreak reported in Victoria; 10 new cases announced. https://www.victoriaadvocate.com/covid-19/second-covid-19-outbreak-reported-in-victoria-at-post-acute-medical-southeast-facility/article_9db06180-85bd-11ea-a7db-8f8aa31fdd67.html

Dave   Wilder not my victoria

Dave   10 cases......

Wilder   I think in PA.

Dave   Vancouver Island yet to reach 100 cases

Dave    larger than Ohio

Wilder   Found out I won't get my stimulus check till end of June. Sucks.

Dave   reverse mortgage on home?

Wilder   No. Might defer payments to stay out of savings.

Dave   Wilder Well yeah........

Dave   be glad

Wilder   So HAPPY

Dave   many do not have savings

Dave   always said it could of been worse

Wilder   IM BLESSED. There are many without.

LeLe   Baxter I don't believe that Bond stuff A is promoting. No one knows nothing until it happens. He has caused so much chaos since he came back. I don't believe him.

Baxter   its just a possibility..thats all

Baxter   I do believe that if we are waiting on Iraq... we will all be dead first

LeLe   Baxter he said we only had a couple weeks to exchange. Years ago he said he would only exchange 20 percent and hold 80 percent. No one knows until it happens. People on these calls saying they know something. They no nothing. They would not be on a call talking about it. Think about it.

Baxter   I guess we wait and see.. like always

Doug_W   LeLe WHO?

LeLe   Baxter this is not about Iraq I agree.

Baxter   Doug... Some govt dude ..

Baxte   Lele...no..its not... it cant be

Bif   Waiting for sundays news in Iraq

Dave   called ramadam.......

bif   I have to send money to my brokerage account

bif   they work on ramadam

Dave   emergency sessions if so ordered

bif   i worked in the middle east they work on ramadam

Dave   no parliamentary sessions   govt remains open yes

bif   dude they work lol

Dave   never did before

bif   yes the flights dont stop no eating or touching during daylight hours    they are fasting      until the evening'

bif   watching Fox news the fishermen are pissed lol    cant fish

Dave   our marinas closed

Bif       help kim jung un

Dave   why

bif   he is sick after surgery

Bif   sis might take over lol

Dave   take over what?

bif   north korea

Dave   impoverished country

Dave   got some guns thats all

Baxter  Putin And Trump vs The New World Order: The Final Battle

Written by Sylvain LAFOREST on 31/03/2020  We live in exciting times.

The unknown that lays ahead for all of us is both exhilarating and scary. Exhilarating in the long term, but rather scary in the short term. All empires eventually die and we’re in the terminal phase of the New World Order that will not recover from the Russian roulette game it has been playing, for Vladimir Putin handed it a loaded gun and it pulled the trigger.

Baxter   https://orientalreview.org/2020/03/31/putin-and-trump-vs-the-new-world-order-the-final-battle/ This is worth the Read...

Doug_W   If this reporting is borne out, then this is big news. Baghdad has been sending the KRG ~$400mn/month (the amount has varied over time) pursuant to the 2019 budget law despite the KRG not fulfilling its obligations under that law to export at least 250,000 bpd via Baghdad.

I've not seen official confirmation, but Deputy Speaker Bashir al-Hadad of the KDP, quoted here in the KDP's Rudaw, says that Cabinet admin head Hamid al-Ghazi sent a letter to the Finance Ministry cutting off payments. This gives the original doc #.

Kurdish leaders have long been playing a dangerous game by exporting all their oil on their own account while assuming they could still receive a portion of the federal budget. An Arab reaction was inevitable & it came recently in new legal action v. Finance Min Fuad Hussein.

[T]he Kurdistan Region ................ was struggling to pay salaries & IOCs ( * Independent Oil Companies ) in February, BEFORE the oil $ collapse started. It is beyond insolvent now. And that is ( * was ) even with Baghdad giving them almost $400mn/month    https://twitter.com/UticaRisk

Doug_W   Al-Kazimi agrees with Shiite forces to replace some of the candidates in his booth

Friday 24, April 2020    https://ninanews.com/Website/News/Details?key=827897

Salam Al-Shammari, Al-Kazemi's booth is likely to be presented for a parliamentary session before the end of this month   Friday 24, April 2020   https://ninanews.com/Website/News/Details?key=827795

Chattels   ERBIL, Kurdistan Region – Iraqi Shiite political blocs have rejected all the names on Iraqi Prime Minister designate Mustafa al-Kadhimi’s proposed cabinet list, according to a senior member of al-Hikma Shiite political coalition.

Rahim al-Aboudi of al-Hikma, a coalition led by Ammar al-Hakim, told Rudaw late Friday that a meeting was held at the house of Hadi al-Ameri, the head of Fatih coalition, which resulted in the rejecting all the names on Kadhimi’s proposed cabinet list.

“In a meeting tonight in Hadi al-Ameri’s house in Baghdad, all the names that Mustafa al-Kadhimi proposed in his cabinet list were rejected by the Shiite political parties,” al-Aboudi said.

A rejection of this magnitude makes it highly unlikely that Kadhimi's current list , which had not been completed, will move forward.

The meeting was attended by the Iraqi parliament’s seven biggest Shiite coalitions, namely Shiite cleric Muqtada al-Sadr’s Sairoon bloc, alongside the Fatih bloc, the Hikma bloc, the Nasr bloc, the State of Law bloc, the Atta bloc, and the Fadhila bloc.

chattels   https://www.rudaw.net/english/middleeast/iraq/24042020

chattels   Mustafa al-Kadhimi's proposed cabinet list has been rejected  2 hours ago

chattels   https://www.rudaw.net/english/middleeast/iraq/24042020

Xyz   Al-Hikma Stream: Al-Kazemi’s allegations that the quota system is “a lie”

24-4-2020  Shafaq News / The stream of wisdom counted, on Thursday, that the one in charge of forming the government, Mustafa Al-Kazemi, could not abandon the principle of partisan partisanship in the political process of forming his government. A lie. "

“Some political blocs from the Shi’ite, Sunni and Kurdish forces impose their will on Al-Kazemi to choose their representatives in the cabinet,” said MP Al-Hikma’s block, Ali Al-Budeiri, in an interview with Shafaq News.

Al-Badiri added that "the distribution of ministerial portfolios among political blocs and parties is a proven political norm from 2003 until the present moment," noting that "the parliamentary system is the one that established and encouraged the principle of quotas in forming governments, and the quota system can only be disposed of by a presidential system."

And the MP from Al-Hakim’s stream stated that “the parliamentary system has quotas, blocs and parties, and neither Al-Kazemi nor any prime minister can give up the principle of quotas in the formation of the ministerial cabinet.” .

Al-Badiri added, "Any party or political bloc says that there is no quota in Iraq, that it is a lie and you do not believe it, because the parliamentary system imposes partisan quotas in forming governments." LINK

Baxter   REJECTED... aw shucks.. and we were..so..so...so...close

xyz   jejeje implies float ...

Economist warns against the consequences of printing local currencies and suggests borrowing

Baghdad Post , Friday, April 24, 2020 12:05 PM

Ghadeer Al-Attar   Member of the Iraqi Economic Council, Ghadeer Al-Attar, warned of the danger of the government's support for some of the proposals to print local currencies outside the CBI cover, proposing a solution other than cash printing.

Al-Attar said, in a statement: "The printing of the currency without cover is a catastrophe and there are great areas for corruption, in addition to losing the national currency to its value in exchange for gold."

He pointed out that "the subject is a dangerous adventure and the damage will be reflected in the middle class more than others." Noting that "Iraq is able to cross this crisis, which is temporary, no matter how long it takes."

Al-Attar suggested that "the borrowing money from the reserves of the Central Bank of Iraq be borrowed, provided that the payment be made as soon as the crude oil recovers in the global markets and the Corona virus crisis ends." link

Baxter   Newshound Guru Pimpy ...it looks like there's a green light for our boy Al-Kazemi. It looks like it's going to happen. We know that this next Tuesday they're going to vote on whether or not Kazemi will be the PM and if they will pass his cabinet. I told you they're most likely gonna do this and why is that? ...

we know if they don't pass Al-Kazemi this time the president of Iraq constitutionally has a right to dissolve the parliament. That takes away any power that Iran had as far as the influence over Iraq. They don't want that to happen. They're not going to allow the parliament to be dissolved...

BaxterOOOOOOOOOOPPPPPSSSSS.... WRONG AGAIN

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