Dinar Recaps

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"Tidbits From TNT" Saturday 9-24-2022

TNT:

Tishwash:  Al-Kazemi's trip to New York .. The Egyptians flew him, the Iraqis received him, and Biden ignored him

The protocol violations of the Iraqi delegation headed by the outgoing Prime Minister Mustafa Al-Kazemi continue to New York to participate in the work of the General Assembly of the United Nations, and after enlisting the help of batteries from the State of Egypt to transport it via Iraqi Airways!

His Foreign Minister Fouad Hussein received .him instead of any US official, as is the customary diplomatic protocol According to political sources, the United Nations put Al-Kazemi’s speech aside, at the bottom of its agenda, in contrast to the speech of the heads of Arab delegations and neighboring countries, and similar to the first enemy of America, which is Iranian President Ibrahim Raisi, who participated in the beginning of the session’s work to raise .”!the slogan “Death to America

However, the violations continue, as Al-Kazemi did not receive any American official, only to be satisfied with receiving him by the Iraqi Foreign Minister Fouad Hussein at the .airport 

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These violations coincide with the departure of the Iraqi presidential plane, which is considered one of the most prominent sovereign landmarks of the country, through .pilots from Egypt instead of the Iraqis Yesterday, Thursday, the Iraqi Airways Company revealed the reason for using Egyptian pilots to fly the presidential plane that transported Prime Minister Mustafa Al-Kazemi to .the United States of America

An official source in the company said, "The use of Egyptian pilots to fly the presidential plane that transported Prime Minister Mustafa Al-Kazemi to the United States of America is correct, and it is the use of only two Egyptian pilots in addition to two Iraqis, and this ".is because the distance is far and the pilot needs a rest during the flight And he indicated that "this case is used only on flights of the presidential plane that go over long distances, and it is not the first time that Egyptian pilots have used some flights of the presidential plane, especially since Iraq is officially contracting with a ".number of Egyptian pilots to meet the need when necessary   link

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Doc:  Tony has said see what they do not what they say. He is spot on. They say they have reforms in motion the infamous white papers now going for more than a year. Does anyone see anything that has really changed?  We see government standstill corruption continuing all what Maliki wants and dictates. Maybe someday….

Doc: If there is a gcr and if Iraq is the lynchpin then Maliki controls the worlds financial system…sad.

Yada:  We really are seeing the endgame of this release and the RedRover line of the UN-EU-US will push this set up for the release if all else fails,. Maliki's is still blowing his horn but to no avail because even he sees the end coming at him like a tsunami.

LifeBPerfect:  Yada you’re on the money. Oct 1 Tishreen and Sadr demonstrations. Oct 4 UNSC report on Iraq. Coincidental timing. I don’t believe in coincidences.

Yada:  The way Ive seen it. From the day Sadr resigned from parliament, he knew he was going to play what they call, "The Third" which an opposition force. He had to in order to stop the Framework from forming another concensus governement. They set to me, the people rioted. The last one was prime example of the force and Sadr pulled them back and they stopped. This got the attention of the world to know that if they don't form a democratic form of government, it will be torn down. The endgame comes when the UN comes in and Sadr's people held down the fort until then. Just wished they didnt take so long

Yada:  As soon as Kazimi is declared PM with power, even before all the reforms are in completed, the CBI will know where this is going and able to release the rate.  Kazimi negotiating all the deal the past few months has not been in vain. Like the brake is on and the gas is spinning the wheels and $5 per dinar in a split second. (Or what ever rate it starts at)

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Tishwash:  Al-Kazemi: Iraq may witness a worse scenario than October 2019

Prime Minister Mustafa Al-Kadhimi said that any government formed without the participation of the leader of the Sadrist movement, Muqtada al-Sadr, will face "huge challenges", while warning of a worse scenario from October 2019.

Al-Kazemi said, in an interview with Al-Monitor, "Iraq needs to distance itself from a past full of violence towards a future based on dialogue."

 He added, "Everyone understands now that any government that does not include al-Sadr will face huge challenges."

And he continued, "The political class in Iraq is facing a crisis of confidence with the public. The exclusion of al-Sadr, for example, may lead to a repeat of October 2019 or worse."

He continued, "My priorities are dialogue, dialogue, and dialogue."

 He pointed out that "Iran has friends in Iraq, and it is able to influence them and push them towards dialogue instead of using the weapons they currently possess," adding: "We need a good relationship and we currently have a good relationship with Iran."

And he said: "Iraq under Saddam Hussein was an unstable force in the region since day one. We will change this dynamic to be a positive contributor to regional stability and integration."

He added, "Iraq and Jordan are the ones who launched the idea of ​​the new Levant", a concept based on common ground and interests "in order to serve the ultimate benefit of all through development, through economic relations and also through energy links, including plans for an integrated electricity network.  ".

He pointed out, "The thinking behind this tripartite arrangement with Jordan and Egypt is to create a mechanism for broader coordination with the countries of the broader region, so that this broader coordination also includes the countries of the Gulf Cooperation Council."

 Al-Kazemi explained, "Some extremist elements inside Iraq did not want or did not want to see relations with the Gulf Cooperation Council countries progress in this way, but the majority of the Iraqi people support this relationship, and they are satisfied with it."

He stressed: "Many countries that had bitter differences among them attended the conference and sat at one table in Baghdad," adding: "We are now discussing the appropriate time to hold this conference in Jordan, which will aim for more coordination to meet the challenges facing the region and the world."  "

Al-Kadhimi said that "Iraq has participated in five secret mediation efforts in the region, including talks between Iranian and Saudi officials hosted by Baghdad."

 He continued, "Because of the degree of disengagement that existed between Iran and Saudi Arabia, we needed these five rounds of talks so far between the two parties to build an environment of trust."

 He pointed out, "There will be another round of talks soon, before the negotiations move to a higher level."

And he indicated, "This role that Iraq plays contributes to calm and stability among the countries of the region, and this has repercussions on Iraq itself as well."

He explained, "The economic situation in Iraq is collapsing, and we have reached a point where we cannot pay the salaries of public employees and retirees. We were in the middle of the Corona virus epidemic, oil prices collapsed and the Iranian-American conflict clashed on Iraqi soil."

He added: "That is why we took the difficult decision to submit an economic reform document in the name of the White Paper. It is the first economic reform document presented by an Iraqi government in seven decades. Many opposed my decision to move forward with this matter. This paper set a five-year timetable, during which the Iraqi economy will witness reforms."  It pushes him to another stage.

He continued, "As a result, the political parties, who feared the success that the government could achieve through this document, reacted to the freezing of funds and support from this government."

And between: "The change in the exchange rate that we made in Iraq was one of the most successful adjustments or modifications to the models of national currency exchange rates in the world. It happened without serious repercussions."

 "We were able to achieve all this despite the serious efforts of the political parties to obstruct progress," he added.

Al-Kazemi said: "We have also worked on an anti-corruption project. Corruption has a significant impact on economic development, but this project unfortunately faced a violent reaction from the mafia and influential corrupt people. The government is now facing retaliation from those affected by this anti-corruption project."

He concluded by saying: "The anti-corruption project has always been a moral responsibility and a public demand, a popular demand."

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CandyKisses:  After the oil drop, an economist warns: Iraq is approaching the danger zone

 The economic expert, Nabil Al-Marsoumi, warned, on Saturday, of the impact of the noticeable drop in oil prices on public expenditures in Iraq.

This came in a statement issued by the expert under the title "Iraq is bitten from the same hole several times."

Al-Marsoumi said in his statement that "the drop in the oil price to $86 per barrel means that Iraq is close to the danger zone."

 He explained that Iraq needs a price of 80 dollars per barrel and exports up to 3.3 million barrels per day in order to obtain oil revenues of up to 140 trillion dinars, which are sufficient with non-oil revenues to cover the requirements of public expenditures, which rose by 25 trillion dinars this year as a result of the legislation of the Food Security Law.

Oil prices closed with big losses last week, with the decline in oil prices globally after the US Federal Reserve raised interest rates, which warns of a global economic recession.

Basra Heavy crude closed in its last session on Friday, down $2.62 to $79.10, but it recorded a big weekly loss of $5.06, equivalent to 4.22%. Brent crude closed in the last session, down from yesterday, Friday, by $4.31 to reach $86.15, and recorded a large weekly loss of $5.2, or 5.69%.

The US West Texas Intermediate crude also closed down in the last session of yesterday, Friday, by $4.75 to reach $78.74 a barrel, but it recorded a significant weekly loss as well, which amounted to $6.37, or the equivalent of 7.48%.

The last week witnessed a drop in oil prices as investors feared the recession in the world, and the dollar's rise significantly.

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Mot: ..... Yeppers!! - Me All da Time!! ~~~~

Mot:  ~~~ As Mom Sees it!! -----

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