Zig’s Place Chat and News Friday AM 5-14-21

Zig:  Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

PeteV  hi all  anythig haps?

Sheila  PeteV good morning  everything ... nothing ... yet

PeteV  hey Sheila  cool

Sheila PeteV are you regular listener to dinar chats?

PeteV  sometimes   why?  something juicy?

PeteV  great Sheila  maybe something moving

Sheila  PeteV they believe that to be so. anyway, there will be no more contact. my one and only source gone, poof - what will I do? lolol lolol

PeteV hehe  check in laters

Butterfly  Riyadh Al-Masoudi: The United States will focus its security and economic presence in Iraq after its withdrawal from Afghanistan

Friday 14, May 2021 10:30 ..............The representative of the "Sairoun" coalition, Riyad Al-Masoudi, said, "The United States will focus its security and economic presence in Iraq after its withdrawal from Afghanistan."

Al-Masoudi said in a statement to the Iraqi National News Agency ( NINA ): "The United States came to the region and Iraq, occupying to implement a global program through a policy of soft change and control of oil sources and approaching areas of Russian influence."

And he added, "America's aid in Afghanistan is equivalent to more than 10 times what it suffered in Iraq, and its presence in the country will be more, security and economic, without tanks and military vehicles."

Al-Masoudi said, "The United States has not yet reached a political consensus with the current government and the various blocs on its presence in the country in light of a clear political and popular rejection of its existence."

The United States of America began its withdrawal from Afghanistan this month after years of its existence, after suffering great human and material losses.

butterfly  2021-05-14 07:23  Shafaq News/ The dollar took a breather on Friday but looks set to post weekly gains against a basket of currencies as investors try to assess the risk of U.S. inflation rising faster than expected and prodding the Federal Reserve to hike interest rates sooner.

A strong reading on U.S. wholesale prices and jobless claims on Thursday failed to spark a renewed uptick in Treasury yields, which some traders put down to the market already pricing in a degree of inflation worries.

Moreover, the Federal Reserve has been sticking to its script that its stimulus will be in place for some time to support the economy, with officials viewing a spike in inflation as transitory.

All the same, given the U.S. economic normalization is gathering steam, market players say underlying inflation concerns will remain for now.

“Inflation will remain a big theme for markets in coming few months. The Fed says it will be transitory but markets are asking ‘what if it turns out not to be transitory,” said Yukio Ishizuki, senior strategist at Daiwa Securities.

In early Friday trade, the dollar index paused at 90.752 , sitting on a gain of 0.5% so far this week and keeping some distance from its 2-1/2-month low of 89.979 set on Tuesday.

Against the yen, the dollar stood at 109.50 yen, off Thursday’s one-month high of 109.785.

The euro was fetching $1.2076, holding above Thursday’s low of $1.20515 while the British pound changed hands at $1.4047.

The U.S. producer price index rose 0.6% in April after surging 1.0% in March. In the 12 months through April, the PPI shot up 6.2%. That was the biggest year-on-year rise since the series was revamped in 2010 and followed a 4.2% jump in March.

butterfly  A separate report showed the number of Americans filing new claims for unemployment benefits dropped to a 14-month low of 473,000.

Strong data, coming after a stunning jump in consumer inflation announced on Wednesday, added to the evidence inflationary pressure is building up in the United States as vaccine rollouts prompts economic normalization.

On Thursday, however, U.S. bond yields dipped, with the 10-year Treasuries yield slipping to 1.651% after hitting a five-week high of 1.707%.

In crypto currencies, Bitcoin flirted with 2-1/2-month lows after Tesla Inc chief Elon Musk reversed his stance on accepting the digital currency and on news of a U.S. probe into Binance, one of the world’s biggest crypto currency exchanges.

The world’s biggest cryptocurrency last traded at $49,222 , having fallen to as low as $45,700 on Thursday, its lowest level since March 1.

The second-biggest cryptocurrency dropped to $3,656 , off a record high of $4,380.64 hit on Wednesday.

Moving in the opposite direction, dogecoin, a relatively new coin promoted by Musk, jumped as much as 20% after he said he was involved in work to improve the token’s transaction efficiency.

butterfly 2021-05-13 05:37  Shafaq News / Bitcoin popped back above $50,000 in Asian trade on Thursday, clawing back some of the 17% plunge that followed Elon Musk’s tweet that Tesla Inc (TSLA.O) would stop accepting the digital tokens as payment for its cars, Reuters reported.

The price of the world's largest cryptocurrency dropped from around $54,819 to $45,700, its lowest since March 1, in just under two hours following the tweet shortly after 2200 GMT. It recovered about half of that drop early in the Asian session, and last traded about $51,099.

Ether , the world's second-largest cryptocurrency, followed a similar pattern, dropping 14% to touch a low of $3,550, before bouncing back above $4,000.

“We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel,” Musk wrote.

Tesla’s announcement on Feb. 8 that it had bought $1.5 billion of bitcoin and that it would accept it as payment for cars has been one factor behind the digital token’s surging price this year.

As a result, Musk's comments roiled markets even though he said Tesla would not sell any bitcoin and would resume accepting the cryptocurrency as soon as mining transitioned to more sustainable energy.

butterfly  2021-05-14 04:21   Shafaq News / An explosive device blew up on Friday targeting a U.S. convoy on Al-Nasiriya Highway, southern Baghdad.

A source told Shafaq News Agency “The convoy drivers are Iraqis; they were carrying International Coalition equipment offered to the Iraqi authorities.”   The source did not give any further detail.  There was no claim of responsibility.

On January 5, the Iraqi parliament voted by majority to end the foreign military presence on the country's territory, following the killing of the Iranian Quds Force commander, Qassem Soleimani, and the deputy head Al-Hashd Al-Shaabi, Abu Mahdi Al-Muhandis, in an American airstrike near Baghdad International Airport.

Washington accuses armed Iraqi factions linked to Iran of being behind the attacks.

butterfly   Al-Rafidain announces an increase in the fixed deposit interest rate for depositors of their money

05/14/2021 ..........  {Economic: Al Furat News} Al-Rafidain Bank decided to increase the interest rate on fixed deposits for citizens who deposit their money in the bank.

Al-Mukhtasar al-Mufid .. In important news, you can find it on the Al Furat News channel on the Telegram .

The bank’s media office said in a statement, which Al Furat News received a copy of, that "it was decided to increase the interest rate on deposits for a period of six months to become 4.5 percent."

He added, "It was also decided to increase the interest rate on fixed deposits for a year to 5.5 percent."

The statement indicated that "the interest rate on deposits for a period of two years will be increased to 6.5 percent."

butterfly  Not much today, maybe later.

Sheila later for sure

butterfly Oil prices are back up

Friday 14, May 2021 18:27.............Oil prices rose today, Friday, after the losses incurred yesterday, but the gains were limited by the situation of the Corona virus in India, the major consumer of crude, and the resumption of pipeline work in the United States.

Brent crude futures increased by 1% to $ 67.71 a barrel, and US West Texas Intermediate crude rose 1% as well, to $ 64.45 a barrel.

Prices of both grades fell 3 percent on Thursday and are heading to record their first weekly loss in three weeks. Global stocks rose and the dollar fell today after US Federal Reserve officials said there would be no imminent move toward tightening monetary policy in the world's largest economy.

Oil prices are under pressure this week due to the rise in Coronavirus cases in India, as well as concerns that the highly contagious strain that was first discovered there is spreading to other countries.

butterfly Iran calls on Islamic governments and peoples in the world to reject differences and take a unified position in defense of legitimate Palestinian rights in the face of the occupiers.

Friday 14, May 2021 17:55..............Today, Friday, the Iranian Ministry of Foreign Affairs called on Islamic governments and peoples in the world to reject differences and take a unified position in defense of legitimate Palestinian rights in confronting the occupiers of the Palestinian lands.

The Foreign Ministry said in a statement: "Today marks the anniversary of the Nakba, while the steadfast and dear Palestine faces a new round of shameful crimes by the usurper and inhuman Zionist entity, and it is bleeding and rising up."

The statement stated, "International conspiracies 73 years ago deprived the Palestinians of the land of their fathers and grandfathers on May 14, 1948, and a terrorist entity and foreign people came in their place, and the Zionists turned occupied Palestine into a base of terror against the Palestinian people and Islamic countries in the region."

The statement added, "The United States of America and some world powers have fully supported this evil entity over seven decades and ignored the endless crimes of this terrorist entity."

The Iranian Foreign Ministry said: "The Zionists have committed countless organized crimes and inhuman actions against the Palestinian people and the countries of the region thanks to this unjustified support."

butterfly The statement affirmed: "While the occupying Zionist entity is contesting its legitimacy, we are unfortunately witnessing a new round of desecration of religious and holy places in Jerusalem and the killing of Palestinians by this racist entity."

In its statement, the Iranian Foreign Ministry strongly condemned “the recent criminal acts committed by the occupation entity against the oppressed Palestinian people,” calling on governments and international organizations to “fulfill their duty to end the occupation and confront the continuing crimes and attacks of the Zionists.”

butterfly   Parliamentary Finance: The continuing repercussions of the dollar price increase will accelerate the flaming street   11:29 – 14/05/2021

Parliamentary Finance - The continuing repercussions of the dollar price increase will accelerate the flaming street The information / Baghdad ..

A member of the Parliamentary Finance Committee, Thamer Theban, confirmed, Friday, that the continuing repercussions of raising the price of the dollar will make the Iraqi street fiery, describing it as a floundering policy.

Theban said in a statement to “the information”, “The Central Bank’s flawed policy regarding raising the sale of the dollar, I consider it a crime against our people, especially those with limited income.”

He added that “there are corruption mafias that were behind the policy of supporting raising the price of selling the dollar against the dinar.”

Theban pointed out that “the policy of the Central Bank will make the Iraqi street fiery as a result of the continuing repercussions of the exchange rate hike.”

Member of Parliament, Manar Abdul Muttalib, had warned earlier that 75% of Iraq’s projects are subject to stoppage due to the continuing repercussions of raising the dollar’s ​​price several months ago. almaalomah.org

butterfly Al-Rafidain announces an increase in the fixed deposit interest rate for depositors of their money   05/14/2021 08:03:18   Al-Rafidain announces an increase in the fixed deposit interest rate for depositors of their moneyAl-Rafidain Bank decided to increase the interest rate on fixed deposits for citizens who deposit their money in the bank.

The bank’s media office said in a statement, which Al Furat News received a copy of, that “it was decided to increase the interest rate on deposits for a period of six months to become 4.5 percent.”

He added, “It was also decided to increase the interest rate on fixed deposits for a year to 5.5 percent.”

The statement indicated that “the interest rate on deposits for a period of two years will be increased to 6.5 percent.”

alforatnews.com

butterfly  Al-Kazemi officially announces his candidacy for early parliamentary elections

2021-05-14  Al-Kazemi officially announces his candidacy for early parliamentary electionsPrime Minister Mustafa Al-Kazemi, Thursday, delivered a televised speech on the occasion of the blessed Eid Al-Fitr, during which he talked about what his government had accomplished since its formation, revealing that he was not running for early elections.

Al-Kazemi said that the government fulfilled its pledge to work on holding early, fair and independent elections that would contribute to fair representation for all.

Al-Kazemi announced during his speech that he would not run for early elections, saying: We fulfilled our commitment to our people by declaring not to participate in the elections or to support any party or party at the expense of the other.

He added, “We have set October 10 this year as a deadline for these early elections, and my government has provided all support for the success of the elections.

The Prime Minister touched on many files that included the economic and security aspects, especially those related to the foreign policy of Iraq.

He stressed that the country will not be a backyard for any country, and that Iraq is a source of peace for all countries in the region, and we are proud of our relationship with all countries such as Jordan, Egypt, Turkey, Saudi Arabia and Iran, and that the Pope’s visit is a positive reflection of the new foreign policy.

In addition to the government’s success in foreign economic policies, including the opening of the Arar border crossing with Saudi Arabia, the conclusion of trade agreements with Jordan, the implementation of the Chinese agreement, and the extension of a railway with Iran to the Shalamjah border crossing.   burathanews.com

butterfly   Austria bans "Hezbollah" and considers it a "terrorist organization"

Friday 14, May 2021 20:15 |................. Austria banned, on Friday, the activity of the Lebanese Hezbollah, and considered it a terrorist organization, with its political and military wings, bypassing the European Union policy, which only prohibits the military arm.

"This step reflects the reality of the group itself, which does not distinguish between the military and the political arm," Austrian Foreign Minister Alexander Schallenberg said.

Since mid-2020, Austria has embarked on implementing a comprehensive plan to combat terrorism and extremism inside and outside the country, and has approved several measures and amendments to laws to pursue terrorist elements on its territory.

Jassim Mohammed, director of the European Center for Intelligence and Counter-Terrorism, described the decision as good, and it comes within a comprehensive strategy adopted by the country to combat terrorism and extremism, which was greatly strengthened in the wake of the bloody "Vienna attack" that took place last year.

And starting from March 1, 2019, the law banning the symbols and slogans of extremist organizations came into effect, especially the Muslim Brotherhood, Hezbollah and the Turkish Gray Wolves organization.

The law stipulates that all political slogans and flags of the Muslim Brotherhood are prohibited from being present in the streets and public places.

Austria has set a fine ranging from (4000) euros to (10,000) euros for people who will violate the decision.

An attack took place in Vienna early last November, killing 4 people and wounding 20 others, before the authorities were able to kill the perpetrator, who turned out to be known to the security services and wanted to travel to Syria to join ISIS .

butterfly  The US State Department confirms that it will proceed with the nuclear negotiations with Iran

Friday 14, May 2021 20:17..............US Secretary of State Anthony Blinken confirmed his country's administration’s plans to move forward with nuclear negotiations with Iran, despite calls by Republicans to cancel them.

Blinken said the talks were taking place in Vienna to try to see if his country could return to mutual compliance with the JCPOA.   "These talks will continue," Blinken added.

The 43 Republican members of the Senate had asked Blinken in a letter to cancel the nuclear talks because of what is happening in occupied Palestine.

They said that Hamas is financed by Iran and the United States should not contribute to enriching the enemies of "Israel", as they put it.

butterfly  More deadly" ... global health: mutated strains on the way

05/14/2021............{International: Al Furat News} An expert at the World Health Organization said today, Friday, that more strains of the Coronavirus are expected to be discovered, but now "we know how to act."

Al-Mukhtasar al-Mufid .. In important news, you can find it on the Al Furat News channel on the Telegram .. To subscribe, click here

"I would like the fear (of strains) to turn into something fruitful, something of strength," said Maria Van Kerkhove, the chief technical expert on Covid-19 at the World Health Organization, during an online briefing in Geneva.

Earlier today, the Director of the World Organization, Tedros Adhanom Ghebreyesus, called on countries not to vaccinate children and boys against Covid-19 and to donate vaccines to the Kovacs platform in order to redistribute them to countries that need them.

Also, he considered in a press conference that according to the course that things are taking, the second year of the epidemic's spread will be "much more deadly" than the first year. "I understand why some countries want their children and boys to be vaccinated, but I ask you to consider giving up this and giving vaccines to Kovacs," he said. It is the international platform established to ensure that vaccines reach countries in a fair form.

And noting that the Director of the Health Organization pointed out that many countries are still witnessing record outbreaks of infection, such as India, Nepal, Sri Lanka and some countries of the American continent, stressing that "Covid-19 has so far resulted in the death of more than 3.3 million people, according to the course that matters are taking," The second year of the outbreak will be much more deadly than the first year. "

butterfly Warnings of "vaccine nationalism" It is noteworthy that for months, the Health Organization has denounced what it considers "vaccine nationalism" that denies many countries the possibility to protect their most vulnerable citizens and the medical staff treated, especially since the European Union and the United States pledged to vaccinate the vast majority of their people by the summer.

butterfly    Dollar exchange rates in the Iraqi local market

2021-05-14 | 07:50  US Dollar-Iraqi DinarAlsumaria News publishes the exchange rates of the dollar and foreign international currencies in the Iraqi local markets on Friday.

The dollar against the Iraqi dinar prices , exchange offices:

the sale price of the dollar  148,750  purchase price of the dollar   147,750 approximate

The dollar against the Iranian Altoman Baghdad , US $ 100  2,215,000 Toman approximate foreign world currencies 100 euros  121,14 dollars 100 pounds 140,66 dollars $ 100  844,20 TL metals price per ounce of gold worldwide  1833,30 $

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Oil  price per barrel of Brent crude oil  67,76 dollars  per barrel of crude oil to $ 64.51 US    alsumaria.tv

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