TNT:

CandyKisses:  How much gold reserves in Iraq’s treasuries?

Follow-up - Mawazine News

The World Gold Council announced, on Sunday, that Iraq's reserves of the yellow metal remained stable during the month of May, indicating that Iraq maintained its position 40 globally out of the 100 countries listed in the table with the largest reserves of gold.

In its latest schedule for the month of May 2022, the council said that "global central banks added 35 net tons to global gold reserves, which is the second consecutive month of net purchases," noting that "the bulk of the rise is due to purchases from Turkey (13 ) tons, while Uzbekistan continued to buy (9) tons, Kazakhstan bought (6) tons, Qatar (5) tons, and India (4) tons.

He added, "Germany was the only seller this month, as it sold two tons of gold."

He pointed out that "this month, Iraq maintained its 40th global position out of the 100 countries listed in the table with the largest gold reserves, reaching 96.4 tons of gold, which represents 8.8% of the rest of its other reserves."

The council stated that "the United States still sits on the throne of the world's gold-possessing countries with 8,133 thousand tons, followed by Germany with 3,355 thousand tons, then Italy 2,451 thousand tons, while Mauritania ranked 100, with 1 tons, preceded by El Salvador with 1.4 tons." 

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Tishwash:  World Council: Iraq's gold reserves are stable and represent 8.8%

The World Gold Council announced, on Sunday, that Iraq's reserves of the yellow metal remained stable during the month of May, indicating that its reserves of this precious metal amounted to 8.8% of the rest of its other reserves.

In its latest schedule for the month of May 2022, which was seen by Shafak News Agency, the council said that "the global central banks added 35 net tons to global gold reserves, which is the second consecutive month of net purchase," noting that "the bulk of the rise is caused by purchases of gold. From Turkey (13) tons, while Uzbekistan continued to buy (9) tons, Kazakhstan bought (6) tons, Qatar (5) tons, and India (4) tons.

He added, "Germany was the only seller this month, as it sold two tons of gold."

He pointed out that "this month, Iraq maintained its 40th global position out of the 100 countries listed in the table with the largest gold reserves, reaching 96.4 tons of gold, which represents 8.8% of the rest of its other reserves."

The council stated that "the United States still sits on the throne of the world's gold-possessing countries with 8,133 thousand tons, followed by Germany with 3,355 thousand tons, then Italy 2,451 thousand tons, while Mauritania ranked 100, with 1 tons, preceded by El Salvador with 1.4 tons."

On June 27, Iraq announced the purchase of new quantities of gold, amounting to approximately (34) tons, an increase of 35% over what was in its possession.

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

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CharlieOK:  Sri Lankan President President Gotabaya Rajapaksa and Prime Minister Ranil Wickremesinghe have both agreed to resign after thousands of demonstrators stormed the president's residence to protest a crippling economic crisis in the South Asian nation.

CharlieOK:  Protesters in the city of Colombo barged through police barricades and stormed the president's residence and office on Saturday, and targeted the prime minister's private residence, setting it on fire, according to reports. Mahinda Yapa Abeywardena, the speaker of Sri Lanka’s Parliament, said Rajapaksa agreed to resign effective Wednesday.

AI:  It has been a bad week for prime ministers.

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CandyKisses: Khazali: There Is No Delay In Forming A Government, And There Will Be A Session After Eid

The Secretary-General of the Asa’ib Ahl al-Haq movement, Qais al-Khazali, confirmed, on Saturday, that there is no delay in forming the government, because Parliament is in a legislative recess, indicating that a session is supposed to take place after Eid to clarify positions.

Khazali said in the Eid prayer sermon, “Not long ago and nearly 9 months after the elections, the situation became halted, and developments took place, the most important of which was the withdrawal of the Sadrist bloc from the political process, which generated a new horizon to break the blockage and form the new government.” Khazali pointed out that "the situation requires not to cause chaos in Iraq in a country that produces 4 million barrels of oil, and the messages from the countries of the region and the major countries are clear to form a government of national unity."

Regarding the challenges facing the formation of the government, Khazali said that “there is one challenge to the formation of the government, which is choosing the president of the republic,” noting that there is a Kurdish-Kurdish dispute, given that the political custom on the position of the President of the Republic is the entitlement of this component, and there is a dispute between the two Kurdish parties.

He continued, "The coordination framework is with the meeting of the Kurdish political forces and to agree on the issue of the presidency, and there are two solutions. The first is to agree on one person, whoever they will agree on. We do not have a problem, especially the two Kurdish parties. He wins the vote in Parliament and takes the presidency.”

Mot:  ... Ya Know That Moment when ~~~~

Mot: Co-pilot Max gets his own window. Dogs are family ❤ .......