More News, Rumors and Opinions Tuesday Afternoon 9-28-2021
TNT:
CharlieOK: rvalready: I saw your thoughts re the sale of Iraqi bonds: (Iraqis will start to sell government bonds with 6%-7% rates for two years. Now tell me, would they sell bonds at a program rate for such a long period of 2 years? Great find. Did the article give an idea of when this was to start?
Yada: Charlie is affective starting yesterday
CharlieOK: Thanks yada. This is great news and is again, more evidence that the ptb have allowed Iraq to reinstate the value of its currency.
KTFA:
Samson: Brent crude jumps above $80 a barrel for the first time since 2018
28th September, 2021
The price of Brent crude jumped, on Tuesday, above $ 80 for the first time in nearly three years, amid expectations of rising demand and concerns about supplies as the world slowly emerges from the epidemic crisis
Brent crude rose 0.8 percent in morning Asian trading to $80.19, its highest level since October 2018, according to AFP
West Texas Intermediate crude also rose 0.9 percent to $76.07
Global supplies are tight due to the rapid recovery in fuel demand from the Delta outbreak and Hurricane Ida's damage to US production
Members of the Organization of the Petroleum Exporting Countries "OPEC" and their allies, the group known as OPEC +, are facing difficulties in increasing production as the lack of investment continues or maintenance work is delayed due to the pandemic LINK
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Samson: Parliamentary Economy presents a proposal after the rise in oil prices
28th September, 2021
The Parliamentary Committee on Economy and Investment confirmed, on Tuesday, that the financial abundance obtained by the public treasury as a result of the increase in oil prices during more than a year with the continued rise in oil prices globally must be classified in renaissance investment projects for infrastructure, calling on the next government to reconsider the exchange rate of the dollar after the absence of the dollar. cash crisis
Committee member Intisar Ali said, "The financial abundance obtained by the public treasury as a result of the rise in oil prices has reached more than 34 billion dollars during the current year, according to preliminary data issued by specialized financial authorities
She added, "The increase in financial abundance is still continuing, especially as oil prices continued to rise with expectations of continuing to rise to a level of more than $80 during the current year, and this means that the treasury will get more financial abundance
She called on the next government to “classify the financial abundance for investment projects, improve infrastructure and support the private sector, and not classify it to the gates of waste and unproductive and profitable spending,” calling on the next government to “reconsider the dollar exchange rate after the monetary crisis has passed
It is noteworthy that the results of deliberations in the stock exchanges showed that the price of a barrel of crude oil of the “Brent” brand for November delivery exceeded $80 for the first time since October 23, 2018 LINK
Courtesy of Dinar Guru
Pimpy Let's listen to the man himself, Dr. Shabibi. Listen to what Dr. Shabibi says about the exchange rate. Conference Question a few years back: "...How far do you believe that we are from a potential revaluation?" SHABIBI: "Well even if I know the answer I cannot tell you." When people say, 'Well my inside person told me.' No they didn't. This is Dr. Shabibi...I told you to understand in some countries leaking this kind of information is the death penalty. No person in the right mind is going to tell you the date or the rate. It's against the law. That's like having insider trader information...he's very careful with his wording...he can't let anybody at all know one way or another anything about a date or rate.
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Dinar Guru Updates Iraqi Dinar Guru News Highlights (9/28/21)
Sep 28, 2021
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