Zig’s Place Chat and News Sunday PM 6-6-21

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

butterfly   Iraqi Dinar/US Dollar auction results 6-6-2021 United States DollarThe results of the foreign currency sale window for Sunday 6/6/2021 and implemented today   Announcement No. (4423)   Sale date – Sunday 6/6/2021 and executed today   the details   the amount Total sale for the purposes of strengthening balances abroad (remittances, credits)  180,446,525 Total cash sale  26,700,000   total total sales  207,146,525 

Note that: The selling price of the amounts transferred to bank accounts abroad is ( 1460 ) dinars per dollar. The cash sale price is ( 1460 ) dinars per dollar.   cbi.iq/currency_auction/view/ 1038

butterfly   Erbil will send two “important” files to Baghdad this week 

15:38 – 06/06/2021  Erbil will send two important files to Baghdad this weekInformation / Baghdad.

The spokesman for the Kurdistan Regional Government, Jutiar Adel, announced, on Sunday, that the region will send two files to Baghdad, expressing his hope that Baghdad will send the financial dues to the region.

Adel said in a press conference, that “two important files will be sent this week to Baghdad,” explaining that “one of them includes the expenses of oil production in the region, and the other is related to the issue of non-oil imports.”

Adel expressed his hope to “implement the federal budget file soon, and send the Kurdistan region’s financial dues according to what was stated in the budget law.” finished/25h   almaalomah.org

butterfly   After more than 30 years… Lifting international sanctions on Iraqi tankers

06-06-2021 01:28 PM  After more than 30 years... Lifting international sanctions on Iraqi tankersThe Ministry of Transport announced, on Sunday, the raising of the Iraqi flag over the Iraqi tankers Al-Qurna and Al-Asma’i, after lifting the sanctions imposed on Iraq in the nineties of the last century on all marine tankers.

The Minister of Transport, Nasser Al-Shibli, during a press conference held in the ports of Umm Qasr, that long discussions took place to achieve ways Compliance with the International Ship and Port Security Code (ISPS code), during which the sanctions imposed on Iraqi marine tankers were lifted during the nineties of the last century, after the approval of international maritime organizations, the Iraqi flag was raised high on Iraqi tankers.

He added that the two tankers Al-Asma’i and Al-Qurnah, owned by the General Company for Maritime Transport, were transferred from the Jordanian registration port to the registration port in Basra, and the Iraqi flag was raised on them after the completion of docking and maintenance, and the tanker’s validity for commercial work, which is documented by international and binding certificates for commercial work and according to the requirements of the flag state (Iraq).  dijlah.tv

butterfly   The world’s possession of gold has increased, and Iraq has not increased its reserves since September 2020

2021-06-06 00:06  The worlds possession of gold has increased and Iraq has not increased its reserves since September 2020Shafaq News/ The World Gold Council announced, on Sunday, a rise in world gold reserves, indicating that Iraq has not increased its gold reserves since September 2020.

The council said in its latest schedule in June of 2021, which was seen by Shafak News Agency; Iraq has increased its reserves of the yellow metal to 35,394 thousand tons, an increase of 69.4 tons over the previous month.

He added, “The increase in gold reserves came from five central banks, as Thailand made the largest purchase of gold during the month, adding 43.5 tons, and bought Turkey (13.4 tons), Uzbekistan (8.4 tons), Kazakhstan (4.6 tons) and Kyrgyzstan (3.8 tons), indicating The only sellers are Russia and Germany, where the Russian gold reserves decreased by 3.1 tons and the sale of it was related to the mint, and the German gold reserves decreased by 1.3 tons, which is also related to the mint.”

He pointed out that “Iraq maintained its 38th rank globally out of the 100 countries listed in the table with the largest gold reserves in the world, and ranked fifth in the Arab world after Saudi Arabia, Lebanon, Algeria and Libya,” noting that “it has not bought gold since September of 2020, when it bought an amount As few as 0.1 tons, while he bought 6.5 tons in September 2018.

butterfly   He added that “the United States of America still ranks first in the world’s largest gold reserves with 8,133 thousand tons, followed by Germany with 3,361 thousand tons, while the list was followed by Suriname with 1.5 tons, preceded by Yemen by 1.6 tons.”

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.

Dave   After more than 30 years… Lifting international sanctions on Iraqi tankers........

Dave  Finally..........almost have a port finally completed to berthe that tanker....

Dave  Now wonder if Iraq will join the WTO........now that they can fly a flag?

Dave   but expect they would require an internationally tradeable currency to do that?

Butterfly   An economic specialist for / Nina /: The high rate of poverty in Iraq to 52% is frightening and dangerous

Sunday 06 June 2021 19:44..............The specialist in managing state institutions in crises, Ali Jabbar Al-Fariji, confirmed that the high poverty rate in Iraq to 52% is frightening and dangerous.

Al-Fariji said in a statement to the National Iraqi News Agency / NINA / that "the reports of the United Nations, the International Monetary Fund, and the World Bank read poverty in Iraq at shameful rates, indicating that the income of more than 4.2 million people below the poverty line is added to the rates of the 7.5 million people who were basically Among the poverty rates in Iraq during the stage of the Covid-19 crisis, the drop in oil sales rates, and the change in the exchange rate of the dollar against the Iraqi dinar,

he pointed out that “the poverty rate in Iraq doubled in the year 2020, where 40% of the population of 40 million, is considered poor according to the World Bank.

He explained that "the global poverty line rate depends on $ 1.9 per person per day globally, and this is what the Ministry of Planning adopts, which is a mistake, indicating that the poverty line criterion is variable according to the possibility and revenues of countries as well as the rates of wealth - for example in America, the poverty rate line is completely different, as it reaches 11.5 $ per person per day.

butterfly   He added, "According to the report of the Ministry of Planning, the poverty rate in Iraq is 22 percent, at an average of $1.9 dollars per person per day, and these rates are an attempt to beautify the situation and escape from the real rates."

He stressed that "a rate of $ 5.5 per person today in Iraq must be calculated by virtue of Iraq's revenues and capabilities, as it is classified among the rich countries with its income and cash reserves, and with this criterion, the poverty rate in Iraq rises to 52%, which is a frightening and dangerous number, in addition to poverty rates another serious problem, which is that 42% of the population are classified as vulnerable groups, as they face a higher risk of being deprived in terms of many dimensions (education, health, public services), according to the report of the Food and Agriculture Organization "FAO" and the World Food Program.

It is noteworthy that the International Monetary Fund warned of the high rates of poverty in Iraq in the event of raising the value of the dollar against the Iraqi dinar.

butterfly   The Minister of Industry and Minerals discusses with the Bulgarian Chargé d'Affairs activating the prospects for cooperation and investment

Sunday 06 June 2021 20:38......The Minister of Industry and Minerals, Manhal Aziz Al-Khabbaz, discussed today, Sunday, with the Bulgarian Chargé d'Affairs Valentin Nikolov, aspects of cooperation in the industrial field.

A statement by the ministry stated that the two sides discussed during the meeting preparations for the upcoming visit of the Minister of Industry with a high-ranking ministerial delegation to Bulgaria, where they discussed the program of the visit and the bilateral meetings it would include with the Bulgarian Minister of Industry and Economy to activate the prospects for cooperation in the fields of industry, economy and investment and to present investment opportunities and successful experiences in this The field and the formation of a committee from both ministries to be a nucleus and a first step to move towards strengthening industrial and economic cooperation between the two countries.

During the meeting, the minister pointed out that "Bulgaria has an active and significant role and presence in the old Iraqi industrial and military industrial sector, and that the ministry looks forward to activating and increasing this cooperation in various industrial fields in line with the government's tendency to open up to all countries to contribute to the development of all sectors, including industrial, agricultural and commercial,"

pointing out The ministry is seeking to restore life and operate Iraqi factories in cooperation with all countries, including Bulgaria, expressing readiness to provide all possible facilities and forms of support to make the visit successful and activate cooperation in a way that achieves the common interests of the two friendly countries and peoples.

butterfly  For his part, the Bulgarian Chargé d'Affairs affirmed his country's keenness to strengthen relations with Iraq at all levels and establish promising projects that serve both countries, expressing readiness to cooperate with the ministry and contribute to the development of industry and the implementation of construction and reconstruction projects.

butterfly   The Minister of Foreign Affairs calls on Danish investment companies and businessmen to invest in Iraq

Sunday 06 June 2021 20:49........Minister of Foreign Affairs Fouad Hussein called on Danish investment companies and businessmen to invest in Iraq,and a statement by the ministry stated that "the Foreign Minister met today, Sunday, with the Danish Foreign Minister Jeppe Kofod, and discussed with him bilateral relations and upgrading them in all fields, especially economic and trade

The statement indicated that the two sides discussed a number of regional and international issues of common concern, and the importance of continuing efforts to stabilize stability,

and the Minister expressed his thanks to the Danish government for the occasion of opening its embassy in Baghdad after its ambassador was named.

He also valued Denmark's positions in support of Iraq in its war against the terrorist gangs of ISIS, calling for the importance of continuing support until the idea that produced this terrorist gang is eliminated, praising the support provided by Denmark within NATO to the Iraqi security forces at the level of training, and the reconstruction of the liberated areas, which It was destroyed by ISIS terrorist gangs.

The minister called on the Danish side to encourage Danish investment companies and businessmen to invest in Iraq; Because it represents a fertile and promising investment environment, noting that Denmark is an agricultural country, but it is industrial at the same time, and it can help Iraq in various fields, including agriculture and industry.

For his part, the Danish Foreign Minister affirmed his country's support for Iraq, and its keenness to consolidate bilateral relations, noting his country's commitment with NATO to support Iraq in its war against ISIS.

butterfly   Al-Kazemi and Bafel Talabani stress the need to adhere to the constitutional foundations to solve problems between the region and the federal government

Sunday 06 June 2021 21:29.........Prime Minister Mustafa Al-Kazemi received the co-chair of the Patriotic Union of Kurdistan, Bafel Talabani.

During the meeting, according to the website of the Patriotic Union of Kurdistan, it was stressed the need to adhere to the constitutional foundations to solve all outstanding problems between Baghdad and Erbil, to overcome political, economic and security challenges and to find an appropriate mechanism to send financial dues to the Kurdistan Region within the framework of the provisions of the budget law to provide and guarantee salaries employees of the region.

” Talabani stressed the importance of strengthening relations and cooperation between the institutions of the central government and the Kurdistan region to implement the government program, in order to provide better services to citizens and bring about radical reforms in the state administration.

Arabs and Turkmens of Kirkuk reject the changes in the office of the Electoral Commission in the province

Sunday 06 June 2021 21:55....The Turkmen Front and the Arab Council expressed their rejection of the administrative changes within the Kirkuk office of the High Electoral Commission, describing them as "unbalanced" and calling for their cancellation.

Hatem Al-Tai, spokesman for the Arab Council, said in a joint statement that was read in a press conference: "The planned changes within the IHEC office are a clear violation of the constitution.

" The spokesman for the Arab Council continued, saying: "It is not acceptable that the administration of the Commission and the position of the first person in the office remain in the hands of one component, and the role of the Arab and Turkmen components in the management of the commission's office is marginalized."

butterfly   Abadi calls for the expulsion of Turkish forces from Iraqi territory through dialogue

Sunday 06 June 2021 22:13.....The head of the Al-Nasr coalition, Haider Al-Abadi, called for the expulsion of the Turkish forces from Iraqi lands through dialogue.

Al-Abadi said, in televised statements: "We welcome Iraq's openness to its Arab surroundings, and we reject the use of Iraq to launch attacks on neighboring countries."

He stressed, "Attacks on the international coalition forces are unacceptable," stressing that the Turkish forces must be expelled from Iraqi territory through dialogue.

butterfly   Al-Abadi calls for the withdrawal of the Turkish forces through dialogue, and rejects the "political agenda" within the popular crowd / Expanded

Sunday 06 June 2021 22:27......The head of the Al-Nasr coalition, Haider Al-Abadi, called for the expulsion of the Turkish forces from Iraqi lands through dialogue.

Al-Abadi said, in televised statements: "We welcome Iraq's openness to its Arab surroundings, and we reject the use of Iraq to launch attacks on neighboring countries."

He stressed, "Attacks on the international coalition forces are unacceptable," stressing that the Turkish forces must be expelled from Iraqi territory through dialogue.

Regarding the Popular Mobilization, the former Prime Minister announced his rejection of the political agenda within the Popular Mobilization.

He said in this regard: "We want the crowd to be under its command. The Commander-in-Chief,” indicating: “People within the crowd are working in combination to carry out the work under the command of the commander in chief.

” He added: And the elections, said: "The postponement of the early elections in Iraq is unthinkable , " calling for the participation of a wide where for change.

butterfly  Erbil will send two “important” files to Baghdad this week

15:38 – 06/06/2021   Erbil will send two important files to Baghdad this week Information / Baghdad.

The spokesman for the Kurdistan Regional Government, Jutiar Adel, announced, on Sunday, that the region will send two files to Baghdad, expressing his hope that Baghdad will send the financial dues to the region.

Adel said in a press conference, that “two important files will be sent this week to Baghdad,” explaining that “one of them includes the expenses of oil production in the region, and the other is related to the issue of non-oil imports.”

Adel expressed his hope to “implement the federal budget file soon, and send the Kurdistan region’s financial dues according to what was stated in the budget law.” finished/25h    almaalomah.org

BobbyC   butterfly ....The spokesman for the Kurdistan Regional Government, Jutiar Adel, announced, on Sunday, that the region will send two files to Baghdad, expressing his hope that Baghdad will send the financial dues to the region.

Adel said in a press conference, that “two important files will be sent this week to Baghdad,” explaining that “one of them includes the expenses of oil production in the region, and the other is related to the issue of non-oil imports.”

BobbyC   Very nice. Thanks

butterfly  BobbyC Well I am glad at least someone is reading the articles. AND you are welcome!

BobbyC  All revenue, except the agreed up production, should go thru Baghdad. Right or wrong lol

butterfly   Several months back I posted a lot of articles where other countries came and said they wanted to invest in Iraq. Slowly there are more popping up.

BobbyC   That's our hope. Safe money in, safe money out

BobbyC  Most countries held off back during the Kuwait Conf because their money wouldn't be safe

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