Zig’s Place Chat and News Late Sunday PM 5-30-21
Zig’s Place Chat and News Late Sunday PM 5-30-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Butterfly Iran is considering increasing the production capacity of a joint oil site with Iraq
Sunday 30, May 2021 21:17 ..... The National Iranian Oil Company announced today, Sunday, its intention to sign three agreements with local companies, to study the huge Azadegan oil field that it shares with Iraq.
The company said in a statement published by the American "Bloomberg" agency, that "the initial agreements to be signed tomorrow, Monday, if they lead to end contracts, they will increase the oil production capacity in the giant Azadegan field," without specifying any numbers.
The US Agency pointed out that "Fars Oil and Gas Development Company" will study the northern part of the field. As for "Petrobas" and "Petro Iran" companies, they will study the central part of the field, while the companies "Pasargad" and "Dana Energy" will study together the part. Southern from Azadegan. "
And Azadegan is divided into two parts, north and south, and it is the largest oil field that Iran shares with a neighboring country (Iraq), and it is believed that it contains 32 billion barrels of oil.
butterfly The United Nations Development Program signs with / Asiacell / Memorandum of Understanding to support youth employment in Iraq
Sunday 30, May 2021 21:30 .... The United Nations Development Program in Iraq signed today in Sulaymaniyah a memorandum of understanding with / Asiacell / for a period of two years to enhance youth job opportunities and support micro, small and medium enterprises in Iraq.
The United Nations Assistance Mission for Iraq / UNAMI / stated in a statement: "The two parties commit, through this memorandum, to work together on several initiatives, specializing in supporting young entrepreneurs and emerging companies to develop innovative solutions to persistent local challenges, in addition to the programs of the development acceleration laboratories.
Affiliated with the United Nations Development Program in Iraq, as well as an initiative to support an online platform designed to connect entrepreneurs with available investors, and also work to promote long-term and sustainable employment opportunities for youth. Efforts led by Iraqi youth to address the emerging coronavirus (Covid-19) pandemic will also be covered. .
Zina Ali Ahmed, Resident Representative of the United Nations Development Program in Iraq, said: “Through their passion, creativity, innovation and entrepreneurial spirit, Iraqi youth today are agents of change and have the ability to build a resilient and inclusive Iraq - especially after Iraq has gone through multiple crises, including This is the war against ISIS, the economic difficulties caused by low oil prices, and the emerging coronavirus (Covid-19) pandemic. "
butterfly She added, "Today we are proud to partner with Asiacell to nurture young talent. We are also working to secure the future of Iraqi youth by providing the necessary training and long-term support in the fields of employment."
For his part, Amer Al-Sanaa, Managing Director and CEO of Asiacell Telecom said: "The partnership with the United Nations Development Program adds value to our ongoing programs, and it will clearly bear its positive effects in support of Iraqi youth."
He added, "We are completely confident in the new set of initiatives that we are working on now that they will have positive, innumerable effects on the Iraqi economy."
butterfly The Iranian Revolutionary Guard announced the dismantling of a terrorist cell near the Iraqi border
Monday 31, May 2021 00:00..............The Iranian Revolutionary Guard announced the dismantling of a terrorist cell in the southern province of West Azerbaijan (northwestern Iran), and the killing of two of its members.
The public relations at the headquarters of "Hamza Sayed Al-Shuhada" of the Iranian Revolutionary Guards said in a statement: "The forces affiliated with the headquarters of Hamzah Sayyid al-Shuhada in the ground force of the Revolutionary Guard entered into armed clashes, on Saturday, with a terrorist cell that includes sinister elements opposed to the Islamic Revolution, who were about to infiltrate. Into the country through the Piranshahr border crossing in West Azerbaijan province).
The statement indicated that "the clashes resulted in the death of two terrorist elements of this cell," stressing that "a quantity of weapons and ammunition in their possession was seized."
It is noteworthy that the city of Piranshahr is located in the south of the western Azerbaijan province, adjacent to the northern Iraqi border.
butterfly The head of the Iraqi Journalists Syndicate, Moayad Al-Lami, discusses with a delegation from the Security Media Cell the basis for mutual cooperation to ensure that the security message arrives without distorting
Sunday 30, May 2021 23:47.........Muayad al-Lami, head of the Iraqi Journalists Syndicate, met with a delegation from the Security Media Cell, in the presence of a number of members of the Syndicate Council.
During the meeting, according to a media cell statement, they discussed the foundations of mutual cooperation between the cell and the Syndicate of Journalists and the importance of the cell’s activities and activities receiving appropriate media coverage by various media outlets to ensure that the security message reaches the public opinion without distorting the facts.
They also discussed the organization of activities and the establishment of reciprocal workshops between the cell and the union, in a way that enhances constructive cooperation in drafting a security speech according to professional media foundations based on presenting abstract facts to the public opinion.
The head of the Journalists Syndicate expressed his keenness to consolidate the relationship with the cell, and praised the great role entrusted to it in improving the level of the relationship between security men, media men and the press in a way that achieves the public interest.
For its part, the cell delegation praised the great efforts of the media and journalist family in the participation of security men in making victory and strengthening the foundations of security and stability in the country.
butterfly Saudi Fund for Development agrees $10m export financing deal with National Bank of Iraq
Agreement will provide a revolving credit line for Iraqi importers of Saudi Arabian goods and services..............May 30, 2021............The Saudi Fund for Development (SFD) signed a $10 million export financing agreement with the National Bank of Iraq to provide credit facilities to the Iraqi lender.
The funding will help Iraqi companies to buy Saudi goods and services and will help to strengthen trade relations between the two nations, the SFD said in a statement on Sunday.
“This agreement reflects the strong ties between the kingdom and Iraq, and our mutual desire to increase co-operation across several sectors. It is part of an ongoing $1.5 billion that the Saudi government allocated to support reconstruction and development projects in Iraq," SFD chief executive Sultan Abdulrahman Al-Marshad said.
“Supporting stability in countries seeking to achieve sustainable economic and social development is one of the main priorities of the SFD and through this agreement we seek to achieve prosperity for both nations.”
butterfly Iraq is developing stronger trade ties as it attempts to diversify an economy that is almost entirely reliant on oil revenue. The country's economy shrank 10.1 per cent last year as it was hit by the double blow of Covid-19 and low oil prices. A liquidity crisis sparked by its public sector salary load and pension payment obligations also led to the government devaluing its currency, the dinar, in December.
The agreement between the SFD and Capital Bank-owned National Bank of Iraq in Jordan will extend $10m in a revolving credit line to Iraqi companies, with repayment periods of up to 36 months, depending on the type of imports and the nature of the trade being financed.
“This line of financing will expand trade between Iraq and Saudi Arabia by providing credit facilities for Iraqi investors to import Saudi products and services at competitive prices. It will also increase transport links between our two nations and stimulate the financial and commercial sectors,” said Capital Bank's chairman Basem Al-Salem.
PeteV This is for info only: CHEAT SHEET FOR APPOINTMENTWITH SUPPLEMENTAL INFORMATION, 30 MAY---- https://dinaresgurus.blogspot.com/2021/05/cheat-sheet-for-appointmentwith.html?spref=tw
Zig Do you believe what that link takes you to read??
Zig butterfly : "Iraq is developing stronger trade ties as it attempts to diversify an economy that is almost entirely reliant on oil revenue.".......That is what we want!!
butterfly Zig Iran could be a problem and then again it might save Iraq. I don't know because I don't know how these people think. They speak so different than we do.
butterfly NDAs.....sorry but I have to laugh when I hear someone say......I can't say anything because of the NDA I signed. People need to look it up and understand that an NDA is a piece of paper that can be disputed even in the courts.
NORV (Kaperoni) funny, the same bs year after year and people still fall for it.
NORV :Float: :Float: :Float:
Zig NORV : It does get old....
Zig Look we all want the same thing: To profit from this eventually....but please be careful whom you are listening to out there....very bad characters out there looking to take advantage of you one way or another.....
butterfly Zig Well said.
Zig butterfly : Thanks...I really do not like doing that...it ticks off many people...lol...
Zig People are free to believe what they want and whomever they want...I know that...and free to pay a monthly fee at some forums...I am not here to criticize...just giving my thoughts gathered from my experiences in this for a long time....Please feel free to disagree and give your thoughts as well....but please be civil.....thanks...this has been a strange ride...made enemies out of some and friends out of others....oh well....we continue to wait and to hope....Take care.....
butterfly UNAMI: We have documented 48 assassination incidents in Iraq and more than 20 demonstrators whose fate is still unknown
Sunday 30, May 2021 23:22.......The United Nations Mission in Iraq / UNAMI / issued a report on assassination operations of activists in Iraq.
The UNAMI report stated: "48 incidents of assassination of protesters carried out by unknown elements have been documented, and more than 20 demonstrators whose fate is still unknown."
The report added: "The investigation into assassinations did not go beyond the investigative stages, and those involved in assassinations often get away with it."
butterfly Iran, Iraq Agreement on Customs, Joint Investment......31st May 2021.......Ministerial delegations from Iran and Iraq agreed on plans to promote cooperation on customs affairs, pave the way for joint investment, and expand the capacity for transportation between the two neighboring countries.
After two rounds of meetings on Saturday, delegations led by Iranian Economy Minister Farhad Dejpasand and Iraq's Finance Minister Ali Abdul-Amir Allawi reached agreements on closer trade ties between Tehran and Baghdad.
Speaking at a press conference after the meetings, Dejpasand said the new agreements entail plans to address the problems relating to customs, exchange experiences in customs affairs, and facilitate the activities of the two countries' business people.
He noted that Iran and Iraq have also agreed on organized plans for joint investment in order to increase foreign investment in the two countries by setting up new industrial complexes.
Another issue agreed upon in the meetings was the expansion of the capacity for the transportation of rail passengers and cargo between the two neighbors.
Iran and Iraq held the 4th session of Economic Cooperation Joint Commission in January, weighing plans for stronger cooperation in various sectors with an eye to the geographical, cultural and religious commonalities between the two Muslim neighbors.
Participants in the meeting are also planned to discuss the ways to boost economic ties, promote exports, and evaluate the markets for optimum productivity in various sectors, such as the transportation and energy industries, tourism sector, construction projects, and water and electricity industries.
(Source: Tasnim, under Creative Commons licence)
butterfly 2021-05-30 16:49 Shafaq News/ The Chair of the Commission of Investment in Najaf, Dergham Kiko, said on Sunday that the Commission granted eleven investment licenses in the governorate so far in 2021.
Dergham said in a statement to Shafaq News Agency that the license covered an array of fields, including education, industry, commerce, and Agriculture.
"The is the toll of the first five months of 2021 only," he noted, "the net value of these projects are estimated at 400 million dollars, nearly half a billion dinars."
butterfly 2021-05-30 13:09 Shafaq News/ National Iranian Oil Co. will sign three agreements with local firms on Monday to study the giant Azadegan oil field that it shares with Iraq, according to a statement on NIOC’s website, Bloomberg reported.
If the preliminary agreements lead to finalized contracts, they will increase oil production capacity at the Azadegan field, the statement said without giving figures.
Persia Oil and Gas Industry Development Co. will study the northern section of the field, Petropars and Petroiran Development Co. will study the central section, and Pasargad Energy Development Co. and Dana Energy will both study the southern stretch, according to NIOC.
Azadegan, which is split into northern and southern sections, is the largest oil field that Iran shares with a neighboring country and has an estimated 32 billion barrels of oil in place.
Sparky ... 25k pink notes on my dresser, you know I hasta get paid ... https://youtu.be/kaIZWjItReI ...
Sparky ... I'll be one of the guys that drops it all quick ...... sudden wealth syndrome runs in my family ...
Sparky ... just imagine if this can get to a buck, and have the discipline to wait out the float to a buck ...
Sparky ... I would imagine most would sell at a penny .... then the IQD climbed even higher ... to say, $4...
Sparky ... approximately what I figure what their worth ... ease of top shelf oil extraction for the next decade ... $2 per barrel extraction cost last I checked ... top shelf oil close to the surface ...
Sheila Sparky 3x current program rate would be great
Sparky sheila ... if it moves up, I'll wait a little while ... 4x could make it climb to a realistic valuation ...
Sheila Sparky We do not plan to jump out of the gate. Few days to get over shock.
Sparky ... it may be slow roll ..... 6 months to 5 years to get to actual value I predict ...after go ...
Sparky ... jump street is todays 1450 .. seems like a big hill to climb, but, could jump if they get their stuff together ... Iraqi's will gladly appreciate every single step in order to increase their purchasing power ...
Sparky ... imports favor a higher currency valuation ... for the importing country .. meaning for Iraq's reconstruction, they will need to import goods ... and a higher IQD value will be favorable ... imu ...
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