Zig’s Place Chat and News Saturday AM 4-24-21

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

butterfly  The hundred dollars are recorded at 148,500 dinars in the local market today

Saturday 24, April 2021 10:37 The selling price of the dollar in banking companies in Baghdad today, Saturday, is 148,500 dinars, while the purchase price is 147,500 dinars, compared to 100 dollars.

butterfly  Iran exports goods worth $ 53 million to Iraq in one month

Saturday 24, April 2021 12:28 The Director General of the Customs Department of Ilam Ruhollah Ghulami announced the export of goods worth 53 million 36 thousand and 336 dollars to Iraq through the international outlets of Mehran last month.  Gholami said in a press statement today, Saturday: "This quantity of goods weighed more than 183 thousand and 648 tons."

He pointed to the export of agricultural products such as watermelon, apples, oranges and tomatoes with a weight of 39 thousand tons and a value of 10 million and 29 thousand dollars from the borders of Mahran during the past month.

Regarding the export of agricultural products from the international outlets of Mehran during the last Iranian year (ended on March 20, 2020), Gholami said that more than 125 thousand tons of various agricultural products (summer crops) worth 55 million and 687 thousand dollars were exported from Mahran ports to Iraq. .

He also referred to the transit shipments, affirming: “There are 7,726 transit shipments that entered Iraq from Mehran international ports during this period.

PeteV He is live chat room @ https://youtu.be/jUpcFV71wDg, IRAQ NEWS: The latest Iraqi news relating to what's happening in Iraq and the Iraqi Dinar investment.

PeteV  hey butterfly

butterfly Hey PeteV not much right now. articles are talking about the upcoming elections.

PeteV  great at least they talking

butterfly  When I watch them talk, they look like they are mad and they talk so fast in their language.....lol

PeteV  hehe yeah but u got to watch out for shoes butterfly

butterfly That also lol

butterfly  Parliamentary Energy resolves the controversy over the questioning of the Minister of Electricity ... and comments on the oil and gas law

Time: 04/24/2021 16:53:14  {Politics: Al Furat News} The Parliamentary Energy Committee settled, on Saturday, the controversy over the issue of the questioning of the Minister of Electricity, "Majid Hantoush," under the dome of the House of Representatives in its next sessions.

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

A member of the committee, Amjad Al-Oqabi, told Al-Furat News that "there is no such thing as an interrogation of the Minister of Electricity, and it is not completely presented and there is nothing to be questioned by the minister."

It is noteworthy that the parliament is heading to question the Minister of Electricity, Majid Mahdi Hantoush, in light of fears of a possible collapse of the system, after the aggravation of the crisis of declining hours of supplying national electricity in Baghdad and the provinces of the Middle Euphrates again, in conjunction with high temperatures and the outbreak of the Corona virus.

Al-Uqabi added, "As for the oil and gas law, it will be transferred to the next parliamentary session for controversy over its provisions. It also needs many and many sessions to approve it."

Al-Oqabi indicated, "But if Hayat, the presidency of Parliament, insists on moving forward with his approval, we will have 5 months before he dissolves himself to run for the early elections to be held on October 10, 2021," hopefully.

The Parliamentary Oil and Energy Committee approached the Cabinet and the Ministry of Oil for the purpose of expediting amendments to the oil and gas law and sending it to Parliament.

And Oil Minister Ihsan Abdul-Jabbar Ismail stressed the importance of expediting the passage of the federal oil and gas law, and its importance in regulating the management of oil and gas wealth i

butterfly The stability of the dollar price for the second day of the stock market halt

Time: 04/24/2021 11:42:29  {Economic: Al Furat New} The main stock exchange in the Al-Kifah and Al-Harithiya market in Baghdad stopped trading due to the implementation of the comprehensive ban.

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

The selling and buying prices have stabilized in the exchange shops in the local markets, some of which have opened their doors in Baghdad, where the selling price reached 148,500 Iraqi dinars, while the purchase prices reached 147,500 dinars per 100 US dollars.

PeteV  Liz Wheeler in discussion with student: https://twitter.com/i/status/1385956697768824834

butterfly The agenda for Zarif’s visit to Baghdad  Time: 04/24/2021 15:05:16  (Baghdad: Al Furat News) The Iranian Foreign Minister, Muhammad Javad Zarif, will arrive in the capital, Baghdad, on an official visit next Monday.

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

According to media leaks, "Zarif will arrive in Baghdad next Monday from Qatar, which he will visit tomorrow, Sunday."

As "Zarif will meet in Baghdad the heads of the republic, ministers and parliament, in addition to his counterpart Fouad Hussein."

The leaks indicated that "the visit will discuss the role of Iraq in the rapprochement between Iran and Saudi Arabia, and some details about the second meeting between the two countries scheduled to be held soon in Baghdad."

And, "the visit will not be far from the Iranian-American negotiations in Vienna, and it may include a message from Tehran to Washington regarding their struggle inside Iraq," he said.

butterfly   2021-04-24 09:06 Shafaq News/ The Spokesperson of the Sadrist movement, Haidar Al-Haddad, said that the movement had submitted a list of its candidates to the legislative elections.

Al-Haddad said in a press conference held today, Saturday, that the list includes "patriotic, professional, and competent figures who are known for their integrity".

"The Sadrist bloc announced its readiness to run for the upcoming legislative elections in its fifth round, which is scheduled for October 10, 2021."

butterfly  2021-04-24 05:22  Shafaq News/ Dozens of demonstrators took the streets of al-Muthanna and Dhi Qar to demand jobs today, Saturday.

Shafaq News Agency correspondents said that the residents of al-Hilal and al-Mamlaha in al-Muthanna blocked the road leading to the cement plant in the area. The demonstrators demanded granting the residents the priority in job opportunities inside the governorate.

Our correspondent in Dhi Qar said that the governorate graduates transferred their sit-in to the gates of the local government headquarters after more than a year of fruitless protests near several government departments in the governorate.

In the same context, dozens of the communist party proponents in al-Sulaymaniyah organized a demonstration near the governorate headquarters demanding abolishing salary cuts and curbing market manipulation.

Othman Hama, a member of the Communist Party, said, "We demand the regional government to refrain from salary cuts," adding, "it is illegal, and it shall be entirely disbursed after bolstering the government incomes."

"The citizens are crushed under the burden of the poor economic situation. The government is in charge of finding the appropriate solutions."

butterfly   2021-04-24 07:49 Shafaq News/ The administration of al-Sulaymaniyah destroyed 34 tons of expired food products and shut down 34 shops; an official announced today, Saturday.

Governor Awat Muhammad said in a press conference that the administration conducted 2814 visits since the beginning of Ramadan, during which 211 misdemeanors were recorded.

The cumulative fees of those infringements amount to 15,625,000 dinars, Muhammad added.

The governor said that only 1.33% of the violations were related to COVID-19 preventions, appraising the public's compliance with the health instructions.

butterfly   2021-04-23 02:16  Shafaq News / Iraqi citizens are deeply concerned after many, including state officials, talked about the possibility of floating the local currency. It would be another blow to the Iraqi Dinar after the dollar was already raised in this year's budget.

According to specialists, the state's tendency to float the currency would raise the dollar again. That would decrease the confidence in Iraqi Dinar and increase prices in the markets, which will harm large segments of the people, especially the poor, who exceed 30% of the Iraqi population

However, other experts believe that the financial reality prevents the currency float due to the nature of the rentier economy, the lack of diversity of financing sources, as well as the Central Bank's active role in supporting the Iraqi Dinar.

Floating the currency is a complete liberalization of the currency exchange rate, with no interference by the Government or the Central Bank, but is automatically excreted in the currency market through the supply and mechanism's demand that allows the national currency' exchange rate to be determined against foreign currencies.

"The current price of Iraq's currency against the U.S. dollar after its devaluation will continue for a long time, and a full currency float may occur in the future", Finance Minister Ali Allawi stated.

"The Central Bank will work to maintain the current exchange rate level for as long as possible", he said.

The Central Bank is selling the dollar at its daily auction to finance foreign trade, which currently stands at about 200 million dollars, increasing or decreasing on demand.

The International Monetary Fund (IMF) reported that Iraq's economy contracted by 11% in 2020, reflecting a slowdown in economic activities.

The IMF expects Iraq's GDP to return to pre-COVİD-19 pandemic level by 2024.

butterfly  Iraq is OPEC's second-largest producer, after Saudi Arabia, and oil revenues account for about 96% of the country's total public revenues.

"It is not permissible to float the currency in Iraq because the market will collapse in this case. The entry and exit of foreign currency are not only through the market - which is a way out for it - but the government is the one that brings this currency", Prime Minister's adviser, Mudhhir Mohammed Salih's told Shafaq News agency.

He also added, "If the government withdraws, supply will stop, and demand will increase, so the market will collapse. Currency floating is in economies where supply and demand come from the market, and the state intervenes to sell and buy to balance the price with its reserves".

Salih further elaborated, "The problem in Iraq is that the market is asking and that the state is offering. If the Central Bank does not sell the dollar, the whole supply stops, and there would be no other offer, and even if there is another offer, it will not be enough to meet the demand, so prices will rise because demand will be more than supply".

"We don't have free currency trading because there is no real cycle of capital as the state is rentier. The foreign currency in the market's only source is oil sales, and the state's main source of dinars to finance the budget is the sale of the dollar", economist Dhurgham Mohammed Ali told Shafaq News agency.

butterfly  "The talk of floating the currency is unrealistic, and the finance minister is not concerned with managing the country's monetary policy because it is the prerogative of the Central Bank. The real value of the Iraqi currency based on its monetary cover can reach 1,000 dinars per dollar, so putting forward the float issue is unrealistic", he continued.

He also warned, "The formal float of the currency will put it in the hands of party brokers and their banks to manipulate its prices based on their interests".

For his part, Abdul Rahman Al-Mashhadani, a professor of political economics at the Iraqi University, told Shafaq News agency, "If Iraq decides to float the exchange rate of the dinar, for the time being, it will fall to 3,000 dinars per dollar".

"The float policy will not work for Iraq because it lacks both industrial and agricultural bases", he added.

The Central Bank of Iraq has decided to raise the sale price of the dollar to banks and exchange companies to 1,460 dinars - from 1,182 dinars per dollar - to offset the decline in oil revenues caused by the decline in oil prices.

LeLe  PeteV thanks Well said

butterfly   Here it is again: The IMF expects Iraq's GDP to return to pre-COVİD-19 pandemic level by 2024.

PeteV   yeah she (Liz) is great and gorgeous 2. LeLe

butterfly  Parliamentary Finance reveals to / Nina / the mistakes of the general budget tables published in the Iraqi facts

Saturday 24, April 2021 17:22 | The Parliamentary Finance Committee disclosed some errors in the tables of the General Budget Law 2021 published in the official Iraqi newspaper, Al-Waqi’a.

A member of the committee, MP Majed Al-Waeli, said in a statement to the Iraqi National News Agency / NINA / that "the old schedule that was received from the Council of Ministers regarding the total expenditures of the general budget is about 164 trillion dinars, which was inadvertently sent to the Presidency of the Republic and then published in the official Iraqi facts." Until that "this table was canceled during the vote to approve the budget in the House of Representatives, and was not approved."

He added that "there is a paragraph within the budget law that addresses this problem, stating that the Minister of Finance has the authority to amend and transfer in proportion to the second table attached to the ceiling of 129 trillion and 900 billion dinars," indicating that "the issue will be resolved and dealt with in the Ministry of Finance and there is no need to return the law again to the House of Representatives." Because the total budget expenditures are 129 trillion dinars, referred to in the body of the preamble to the budget law. "

Regarding the errors in some tables published in the Iraqi facts and others that were rejected by vote, he explained that "some materials were dropped by voting on the law, but in consideration of the current circumstance and the need of the ministry, we have allocated an amount to employ 500 social researchers in the Ministry of Labor, as part of one of the treatments of the repercussions of the high exchange rate of the dollar." .

butterfly  The Council of Ministers decided, in its session in the middle of last week, to authorize the Prime Minister the authority to appeal before the Federal Court a number of articles of the General Budget Law 2021, in light of the report submitted by the General Secretariat of the Council of Ministers.

PeteV  Here is link to web page for DINAR LAND so u can get on the chat--interesting chats:https://youtu.be/jUpcFV71wDg

LeLe   PeteV thank you

EYEGUY   sheila Our military intel contact is confirming the following & said be ready overnight for 4B notifications; more later:

—Admiral Bob liquid and funded today FRI 4/23  - Rates and VALUE DATE - WF confirmed today FRI 4/23 

International rates - • IQD 16.37  • VND 14.25+  • Rupiah – 8% IQD = 15.07  • RIAL – 5% IQD = 15.30

EYEGUY   got to be kidding     Hope its true LOL

Sheila   @EYEGUY Yes, I posted Nicks Intel Update 4/23/2021 twice yesterday in chat. Very good possibility as linchpin to global reset.

butterfly  EYEGUY goodness that is unbelievable. That has to be per 100, if even that.

butterfly   I will wait until it is announced internationally.

Sheila  butterfly Supposed to happen before May 1, 2021. Appreciate your postings. All the time you take to keep us updated is amazing. Really interested to see what's posted about Gazette Today!

butterfly  sheila I truly hope it is correct, unfortunately I have all of my dinar in KY while I'm in MI. I am trying to get ahold of the lady that is involved with this global reset, but unfortunately is not at home. I am about ready to leave to pick up my lifer Marine, and it will be later when I find out any information. If by chance she returns, I will the information I find out.

butterfly   post

Sheila  butterfly excellent... have great day

butterfly  I got a hold of her and she had not heard what we want. BUT she is going to get ahold of her person.

Sheila  butterfly six degrees of separation in action

butterfly   She said that Tier A & B.....the most wealthiest have done something but has not heard anything like I read to her. She is going to check further since I c/p that information.

Sheila   butterfly Thanks for intel...

Dave   TIER A and B now,,.used to be 1-4?

butterfly   I don't know and can't trust any of it until it affects me.

Sheila  butterfly That's cool, as long as she heard it's still happening.

PeteV  hey folks

Sheila   present

PeteV   nice info sheila

sheila  PeteV I am hearing before May 1, 2021. @butterfly's source is saying not, with too much still to do?... come on, RV

Sheila  @PeteV good thoughts, good words, good actions

PeteV   heck yeah sheila

PeteV   many blessing to all

Sheila   PeteV good onya

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