KTFA Members "News and Views" Sunday Afternoon 11-7-2021
KTFA:
Samson: Basra University organizes a panel discussion on the project to delete zeros from the Iraqi currency
2nd November, 2021
The Department of Economics at the College of Administration and Economics at the University of Basra organized a panel discussion on the project to remove zeros from the Iraqi currency.
The seminar, which was attended by Prof. Dr. Sami Obaid Al-Tamimi and Prof. Dr. Youssef Abdul Ali Al-Asadi, aims to find out the reasons for the deterioration of the value of the Iraqi dinar. At the beginning of the seventies of the last century, one Iraqi dinar was worth more than three US dollars, and today we are at the end of the year 2021 equivalent to more than 1450 Iraqi dinars.
The discussion panel touched on tracking the value of the Iraqi dinar from 1930 to 2021, and the project to delete zeros from the national currency in terms of pros and cons, and finally submitting a scientific proposal to the Central Bank to implement the process of deleting zeros. LINK
PompeyPete: I LOVE THIS.....
“The discussion panel touched on tracking the value of the Iraqi dinar from 1930 to 2021, and the project to delete zeros from the national currency in terms of pros and cons, and finally submitting a scientific proposal to the Central Bank to implement the process of deleting zeros....
WE KNOW THE BRIEF......”aims to find out the reasons for the deterioration of the value of the Iraqi dinar.”......
So why is the CBI interested in this now?
Ryan1216: It's "GO" time on raising the exchange rate. The CBI has the road map on implementation. I'm praying this gets done "ASAP"! Great news!
MilitiaMan: The emphasis is on the last part of the sentence. IMPLEMENT the Project to Delete the Zeros... imo ~ MM
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Al-Kazemi receives Al-Abadi and confirms: We are proceeding with the reform project LINK
MilitiaMan: Enough said... Show time.. There is no time like the present. The scholars even say it." TO IMPLEMENT"... Getter done is the proposal.. imo.. The looks of it is per the PM is that we are proceeding with the reform project. Like it or not.. In other, words, thank you for all of your GLOBAL SUPPORT!! Be rest assured your investments in Iraq are safe, stable and secure and we are moving forward with the reform project.. imo ~ MM
The discussion panel touched on tracking the value of the Iraqi dinar from 1930 to 2021, and the project to delete zeros from the national currency in terms of pros and cons, and finally submitting a scientific proposal to the Central Bank to implement the process of deleting zeros.
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Samson: Iraq buys a quantity of gold and maintains its global rank in possession of the yellow metal
7th November, 2021
The World Gold Council announced on Sunday that Iraq maintained its 39th position globally for the fourth consecutive month and the fifth in the Arab world as the largest gold reserve in the world, indicating that Iraq bought two kilograms of gold in April.
The council said in its latest schedule for the month of November of 2021, which was seen by Shafak News Agency, that "Iraq bought 2 kilograms of gold last April after it sold the same amount in January of 2021." He added, "Iraq maintained its position of 39 globally for the fourth consecutive month out of 100 countries listed in the table as the largest gold reserves, with its gold holdings reaching 96.4 tons, which represents 9% of the rest of its other reserves."
He pointed out that "Iraq also maintained its fifth rank in the Arab world after Saudi Arabia, Libya, Algeria and Lebanon," noting that "the total possession of gold in the five Arab countries amounts to 996.5 tons." He pointed out that "the highest gold reserves in the world, the United States of America came first with a rate of 8,133 thousand tons, followed by 3,259 thousand tons, and then 2,451 thousand tons, while Suriname ranked 100, with 1.5 tons, preceded by Yemen, with 1.6 tons."
It is noteworthy that the World Gold Council, which is headquartered in the United Kingdom, has extensive experience and deep knowledge of the factors that cause market change, and its members consist of the largest and most advanced gold mining companies in the world. LINK
Samson: The Prime Minister was subjected to an assassination attempt by a drone
11/07/2021 03:14:35
The Prime Minister, Commander-in-Chief of the Armed Forces, Mustafa Al-Kazemi, at dawn today, Sunday, was subjected to an attempt at his residence in the Green Zone in the center of the capital, Baghdad.
The Security Media Cell stated, in a statement that {Euphrates News} received a copy of it, about a "failed assassination attempt against the Prime Minister, the Commander in Chief of the Armed Forces, by a booby-trapped drone that tried to target his residence in the Green Zone in Baghdad."
And she added, "Al-Kazemi was not injured and is in good health, and the security forces are taking the necessary measures in connection with this failed attempt. LINK
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Samson: Within 24 hours .. Al-Hakim moves to hold a meeting of the three presidencies and political forces
7th November, 2021
The Wisdom Movement headed by Ammar Al-Hakim revealed, on Sunday, the latter's move to hold a meeting of the three presidencies and political forces to discuss the results of the legislative elections and the attack on Prime Minister Mustafa Al-Kazemi's house, while stressing that the meeting may take place within the next 24 hours.
The leader of the movement, Rahim Al-Aboudi, told Shafak News Agency, "There is a move by the head of the Al-Hikma Movement, Ammar Al-Hakim, to hold a national dialogue that will bring together the three presidencies, the President of the Republic (outgoing) Barham Salih, the (outgoing) Prime Minister Mustafa Al-Kazemi, and the President of the Supreme Judicial Council Faiq Zaidan, in the presence of Leaders of Shiite, Sunni and Kurdish political forces.
He added that "the incident of the attack on the Prime Minister does not concern anyone, but rather the political reality, and it has dimensions that may topple the political and democratic process in Iraq, and therefore there must be a unified dialogue with the participation of all."
And Al-Aboudi said, "The dialogue may take place within the next 24 or 48 hours, because the political situation is unbearable and very dangerous," noting that "there are hands trying to tamper with the political and security reality in the country, mixing papers and dragging Iraq into the abyss."
The leader of the Al-Hikma Movement explained, "The meeting will discuss the repercussions that accompanied the election results, the reactions and the attack on the prime minister's house, amid questions about the presence of a terrorist group behind the attack and the failure of the CERAM system for the American embassy, and whether the operation was carried out by a drone or by missile strikes."
At dawn today, the outgoing Prime Minister, Mustafa Al-Kazemi, survived an assassination attempt by drones that targeted his house in the Green Zone. LINK
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Samson: Al-Zubaidi: Al-Kazemi’s Targeting Is Intended To Lead To A Coup And Restore International Guardianship
7th November, 2021
The former Minister of Interior, Baqir Jabr Al-Zubaidi, revealed, on Sunday, the goals of the assassination of Prime Minister Mustafa Al-Kazemi by targeting him with drones, indicating that the aim of the operation was to cause a coup and civil war, and then resort to international intervention.
Al-Zubaidi said in a post on “Facebook” seen by / the information / that “what happened yesterday in the targeting of the prime minister’s house is an escalation that we have warned of over and over again.”
He added, "The aim of such events is to drag Iraq into sedition (coups) and civil war, and then resort to international intervention and return the country to tutelage, which is something we do not accept for our country and people."
Al-Zubaidi pointed out that "the voice of wisdom should be louder than any voice, and everyone should put Iraq's interest above any interest, no matter what the sacrifices." LINK
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Samson: A government source: Security tensions are behind the dollar's rise in Iraqi markets
7th November, 2021
Today, Sunday, a government source attributed the rise in dollar prices in the local markets to the security tensions in the capital, Baghdad.
The source said in an interview with Shafaq News Agency, "What the Kifah Stock Exchange is witnessing now is the lack of supply compared to the demand for the dollar."
He added that "the exchange offices are now keeping the dollars, and citizens have resorted to buying dollars for fear of the current unstable conditions," noting that "the central bank's cash sales, which amount to nearly 50 million dollars per day, have no effect on local markets." He expected that "the coming days will witness a further rise in the price of the dollar in the local markets if these security tensions remain."
It is noteworthy that the price of the dollar rose gradually in the Iraqi markets to reach in the main stock exchange 148,200 dinars per 100 dollars.
This comes at a time when Al-Kazemi's house in the fortified Green Zone in the center of the Iraqi capital, Baghdad, was bombed at dawn today by a drone, which resulted in the injury of three members of his protection, and severe material damage to the contents of the house without the first being hurt.
The failed assassination attempt on Al-Kazemi occurred two days after the ignition of the crisis between the demonstrators against the election results, who are supporters of Shiite forces close to Iran, and the security forces charged with protecting the fortified Green Zone, which includes government buildings, and the headquarters of diplomatic missions in the center of the capital, Baghdad, after the protesters decided to storm the area from some Violent clashes erupted at its entrances, resulting in a number of victims and dozens of wounded on both sides. LINK