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Zig’s Place Chat and News Saturday PM 5-15-21

Zig’s Place Chat and News Saturday PM 5-15-21

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

butterfly   Because the budget was not sent … a technical delegation from the region visits Baghdad after the Eid holiday 05/15/2021 14:51:03   Because the budget was not sent ... a technical delegation from the region visits Baghdad after the Eid holidayThe Parliamentary Finance Committee confirmed today, Saturday, that the federal government did not send the Kurdistan Region’s share of the budget due to a technical problem. It is likely that the Kurdistan Regional Government will send a technical delegation to Baghdad to agree on several issues.

Representative Shirwan Mirza, a member of the Parliamentary Finance Committee, said in a press statement that “the region’s share of the federal budget has not yet been sent due to a technical problem,” noting that “finding a mechanism to implement Article 11 of the Budget Law for the Kurdistan Region’s share lies in sending a technical delegation.

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From the region to visit Baghdad to agree on the mechanism for calculating oil and non-oil resources and how to calculate the region’s share of the budget and the mechanism for sending it.

Mirza suggested that “the technical delegation will visit the federal capital, Baghdad after the Eid holiday,” stressing “the need for the regional and federal governments to abide by the agreements concluded between them,” adding: “The meetings between the technical delegation from the Kurdistan Region and Baghdad are the ones that will determine the funds that Baghdad should have.” Paying it to the region and the revenues that the province must deliver. ” alforatnews.com

butterfly  Parliamentary Finance: $ 15 a barrel of oil surplus from the price determined by the budget law

2021-05-15 07:48  Parliamentary Finance - 15 a barrel of oil surplus from the price determined by the budget lawShafaq News / The Parliamentary Finance Committee revealed, on Saturday, that there is a surplus in the price of a barrel of oil calculated in the General Budget Law for the current year.

Committee member Jamal Cougar told Shafaq News; “Oil prices are close to $ 65 per barrel, but the price calculated in the budget law for the current year is $ 45.”

He added that “the surplus in oil prices is about $ 15 per barrel,” noting that “this money goes to oil expenditures, including service contracts and licensing rounds, which are estimated at 16 trillion dinars.”

And Couger said, “The net remaining oil barrel is $ 45, which is actually calculated in the budget law.” shafaq.com

butterfly  Iraq surpasses Saudi Arabia with oil exports to America

05/15/2021 12:43:19   Iraq surpasses Saudi Arabia with oil exports to AmericaThe US Energy Information Administration announced, on Saturday, that Iraqi oil exports to the United States have risen to 235 thousand barrels per day, surpassing Saudi Arabia during the past week.

“The average US imports of crude oil during the past week from nine countries amounted to 4 million and 640 thousand barrels per day, down by 206 thousand barrels per day compared to the previous week, which amounted to 4 million and 846 thousand barrels,” a report by the administration stated.

The report pointed out, “The United States imported crude oil from Iraq at a rate of 235 thousand barrels per day, higher than the previous week, which reached an average of 41 thousand barrels per day.”

He pointed out that “most of America’s oil revenues during the past week came from Canada at a rate of two million and 924 thousand barrels per day, followed by Mexico, whose imports amounted to 434 thousand barrels per day, followed by Colombia, from which imports amounted to 278 thousand barrels per day, and Ecuador at a rate of 257.” One thousand barrels per day. ”

And the US Energy Information Administration report continued that “the amount of imports of crude oil from Saudi Arabia amounted to 224 thousand barrels per day, followed by Nigeria, whose imports amounted to 157 thousand barrels per day, followed by Russia, whose imports amounted to 67 thousand barrels per day, followed by Brazil, which amounted to 157 thousand barrels per day. Imports from them average 64 thousand barrels per day. alforatnews.com

butterfly  Following in the footsteps of France’s Generals: 124 American generals and admirals urge to save their country

5-15-2021   Following in the footsteps of Frances Generals - 124 American generals and admirals urge to save their countryWASHINGTON – 124 retired generals have cried to “save America” ​​due to President Joe Biden’s negligence in dealing with internal chaos, especially the openness to Iran and the incalculable decision to withdraw from Afghanistan.

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The US demand comes days after hundreds of French military personnel, including twenty generals, signed a letter to President Emmanuel Macron, warning of the disintegration of the state due to the rise of Islamism and hate speech, which could lead to a civil war.

The interference of the military in political affairs is rare in the West, which makes the coincidence of the two messages a serious warning that the negative behavior of Western countries with the emergence of culturally and religiously dissonant groups may threaten to blow up the state from within, and that the signatories of this message move in order to draw attention and pressure to return matters to Set straight.

The military warns that the exaggerated liberal calls lead to the acceptance of diversity such as the black movements, the recognition of Islamism, and the opening of the door to the flow of refugees into a state of chaos that threatens the principles on which the American or French state was founded, and that those who arrived after the start of their train must adapt to these principles The principles do not change to embrace these variations.

The message of the American military, who called themselves “Officers of the Flag for America,” recalled what their French counterparts said.

butterfly  Senior US military said, “Our nation is in deep danger. We are in a struggle for our survival as a constitutional republic, ”and“ the survival of our nation and our historical values ​​is at stake, ”warning against the infiltration of the left, Islamists and anarchists into society in exchange for the silence of the Biden administration.

“Retired generals and admirals do not usually interfere in political matters, but the situation we face today is dangerous and if we remain silent, we will be as neglecting their duty towards the country,” Major General Joe Arbuckle, who is behind the message, told Politico.

General Joe Arbuckle: Our silence shows us as neglecting their duty to the country

Observers believe that the message carries a broader dimension than the generals ’anger at the” dictatorship of democrats “and that it conceals a state of widespread concern among Americans about the inability of successive governments, including the government of former President Donald Trump, to implement measures that limit the external threat inside the United States.

Despite the Trump administration’s hostility to Islamism, his threats to confront it on American soil remained dead letters. Biden’s rise gives an opportunity for various groups of Islamists to move with great freedom and activate their foreign relations without fear, especially after their participation in his election campaign.

The Americans are looking with concern at the expansion of the activities of the foreign lobbies that have succeeded in penetrating American institutions, especially Congress, and now controlling the foreign policy of their country. Including the success of the pro-Iran lobby, which pushes the Biden administration to repeat the mistake of former Democratic President Barack Obama.

butterfly   Whatever the calculations of Biden from re-working the nuclear agreement with Iran, he provides a free service to the Iranians who master maneuver and gain time, to cut steps that cannot be undone or prevent them from joining the club of nuclear states. The Americans view with great sensitivity the issue of Iran, which has been defying them since the 1979 revolution and the subsequent detention of Americans, up to the threat of the American presence in Iraq and the interests of the United States in the Gulf.

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Observers believe that Biden’s permission for Iran to establish its influence in the region may strengthen the tendency of the generals to enter the political work, especially since this White House strategy dissipates the gains made by the military establishment in Iraq and Afghanistan.

And for the sake of the adventure of an incalculable withdrawal in Afghanistan, the military’s message questioned Biden’s mental powers and his competence, and said that “the mental and physical condition of the Commander in Chief of the US Armed Forces cannot be ignored … he must be able and quickly to make the right decisions regarding national security throughout the day. .

It is believed that the message of the top military leaders in the United States will find interaction from various American parties, especially youth groups, in light of the success of the chaos of diversity in covering up the Native American identity, which was expressed by the protests of Trump supporters during the attack on the Capitol building and the slogans raised at the time.

Despite the politicians ’rejection of the military’s interference in politics, the message of the senior French military has found a great interaction within the French society affected by extremism and hatred that is controlling new generations of immigrants’ children under the influence of political Islam groups that benefit from the indulgence of French values​​to implement their agendas.

butterfly  A subsequent poll showed that 58 percent of French support the message of the military, 73 percent believe that France is disintegrating, 84 percent believe that violence is increasing, and 49 percent believe that the army should “restore order,” which shows a great interaction with the warnings issued by twenty A general, a hundred high-ranking officers and more than a thousand soldiers that “France is in danger.”  rawabetcenter.com

BobbyC  How can Iraq upgrade its banking sector? For the Iraqi Voices podcast, Akel al Ansari discusses the challenges and possibilities for the Iraqi banking sector. Ansari says that there’s been a massive uptick in the number of Iraqis with bank accounts, from less than 5 percent of the population to nearly 43 percent.

Many state employees must now open bank accounts in order to access their wages, he says. While this marks an improvement, there are significant historic hurdles to overcome. The sanctions era seriously hobbled Iraq’s banker sector and kept it out of international financial systems, he says, meaning that the banking system now is 25 years behind the rest of the world. A mostly cash-based system also enables corruption, he says.

Some international banks came to Iraq in 2003, 2004 and 2005, but those banks left again in 2013 and 2014 for both security and commercial reasons. Because of this, banking technology wasn’t being transferred to Iraq and the industry wasn’t being developed accordingly. But corruption still remains the biggest problem.

The answer is centralized digitization so that bank branches can communicate with each other in order to fight corruption and money laundering. This will also necessitate a transaction monitoring system, Ansari says.

BobbyC  Dave that's the Banking Analysis I was referring to

Dave  All State employees now getting paid not using notes fer awhile....6-8 mos now....Iraq has alot of Govt employees with bank accounts now....Currency auction definitely pulling alot of Dinars in now....a few trillion a month......I believe my small City has more Banks than in all of Iraq...writing more mortgages also......

BobbyC  And therein lies the problem......Government employees

BobbyC   Iraq's oil production should make their Private Sector the envy of the Middle East. For now it's barely getting them by. That's to the point of having to borrow to pay State salaries

 

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