Dinar Recaps

View Original

KTFA Members "News and Views" Wednesday Afternoon 4-22-2020

KTFA:

Samson:  To / all exchange and brokerage firms

22nd April, 2020

M / cash sale to citizens of the dollar

 According to the decision of the Board of the Central Bank of Iraq No. (24) for the year 2020 held in its session numbered (five hundred and ninety after the thousand) held on 25/2/2020, it was decided to continue adopting the passport and travel card (ticket) in the process of selling the dollar to travelers and delegates exclusively

https://cbi.iq/news/view/1470

See this content in the original post

Samson:  The Iraqi Stock Exchange announces the resumption of trading next Sunday

22nd April, 2020

The Iraqi Stock Exchange announced the resumption of trading on shares next Sunday, after the recent decisions of the Anti-Corona Virus Cell to reduce the ban hours from 24 hours to 11 hours

The Stock Exchange said in a book addressed to the Securities Commission seen by the "Economy News", "The Board of Governors decided to resume the activity of stock trading sessions as of Sunday, April 26," noting that "brokerage companies will trade from their headquarters in Baghdad remotely using The electronic trading system associated with the market

He stressed that "the investor base in the market will remain closed until further notice, as well as the permanence of employees will be 25% with a commitment to wear masks and the required preventive operations   LINK

************

Samson:  Brent crude below $ 16 a barrel for the first time since 1999

22nd April, 2020

The price of Brent futures for the month of June fell on Wednesday to below $ 16 a barrel for the first time since 1999, according to trading

As of 7:34 Moscow time, the price of Brent North Sea crude futures fell 12.62% to $ 16.89 a barrel
 
The price of Brent North Sea crude futures for the month of June, at 6:42 Moscow time, decreased by 12.62% to $ 16.89 a barrel

West Texas Intermediate crude futures were recorded, for the first time in history, for the first time in history, and decreased to minus $ 37 a barrel    LINK

See this content in the original post

Iggy:  I heard on the news there's a guy in town stealing the wheels off police cars. The cops are working tirelessly to catch him!

Iggy:  Why did the Clydesdale give the pony a glass of water?
Because he was a little horse.

Iggy:  “When you can’t find the sunshine, be the sunshine”

*************

Samson: G20 agriculture ministers: Corona virus measures should not disrupt global food supplies

22nd April, 2020

The agriculture and food ministers of the Group of 20 nations agreed at a remote meeting, Tuesday, that emergency measures in the context of the Covid-19 pandemic should not create "unnecessary barriers to trade or hinder global food supply chains

The ministers also said, according to a closing statement, that they would avoid any measures that could lead to excessive fluctuations in food prices on world markets that would threaten food supplies

"In the current difficult circumstances, we stress the importance of avoiding food losses and waste caused by disturbances along the food supply chains, which can exacerbate food insecurity, nutritional risks and economic losses," the statement said   LINK

************

Samson:  Trump orders the Marines to destroy any Iranian boat that intercepts American ships

22nd April, 2020

US President Donald Trump has ordered the US Marines to destroy any Iranian boats that intercept American ships.  The US Navy accused Iran of carrying out "provocative and dangerous" acts against a number of American ships in international waters in the Gulf.

The US military said that 11 Iranian boats were exposed to six American ships participating in military exercises in the Gulf waters. The US Navy explained that the boats approached the American ships at a high speed, and accused Tehran of violating international rules. 

The Navy statement said that the American forces reserve the right to act to defend themselves. There was no comment from the Iranian authorities.

The American ships issued many warnings to the Iranian boats, which moved away after about an hour, according to the statement. Tensions rose between Washington and Tehran earlier this year after a US air strike in Iraq killed the commander of the Iranian Revolutionary Guard Corps, Qassem Soleimani.  Then, on January 8, Iran retaliated with a missile attack on the Iraqi base of al-Asad where US forces were located, without causing the death or injury.

Earlier this month, US President Donald Trump said Iran and its proxies had planned attacks on US targets in Iraq, and warned that they would pay a "very high price".  

I have instructed the United States Navy to shoot down and destroy any and all Iranian gunboats if they harass our ships at sea.— Donald J. Trump (@realDonaldTrump) April 22, 2020

JJimmyJJ:  Frankly,  I think this should have happened a long time ago. They have been like a toy poodle barking at the rottweiler for so long,  they've convinced themselves that the rottweiler is scared of them.

************

Samson:  Corona will lead to the largest annual drop in pollution since World War II

17:13 - 04/22/2020

The president of the World Meteorological Organization said that the Corona virus pandemic will reduce carbon dioxide emissions by 6% this year, which will be the largest annual decline since the Second World War.

"This crisis has had an impact on greenhouse gas emissions," said Petteri Talas, head of the organization, at a hypothetical press conference in Geneva on Wednesday. He added, "We estimate that there will be a 6% decrease in carbon emissions this year due to the lack of emissions from transportation and production of industrial energy."

Because of the virus outbreak in most parts of the world, many countries have taken restrictive measures in the framework of combating the spread and spread of Corona, imposing public isolation and preventing movement except at certain hours and some preventing it entirely except in cases of extreme necessity, and closed shops and public centers and some government departments, as well as stopping the movements Internal movement, travel and airport movement as a precautionary measure, with the exception of the necessary ones, which, according to experts, contributed to alleviating the manifestations of the pollution unit in many countries of the world.   LINK

See this content in the original post