Zig’s Place Chat and News Thursday 5-27-21

Zig’s Place Chat and News Thursday 5-27-21

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

sandyf   BobbyC Now you may say it wasn’t a new currency in 2003 but in fact it was new because those new denominations weren’t around during Sadam’s days. Sounds new to me. It’s been the Iraqi Dinar since 1930 (?) and has gone thru major changes and to this day remains the Iraqi Dinar - You are obviously free to believe what you want. The Iraqi Dinar is the monetary unit of Iraq, not the currency.

The currency of Iraq is the IQD, and a currency can be issued in different series. The monetary unit of Turkey is the Lira, in 2006 they changed the currency from TRL to TRY, the monetary unit remained the Lira.

BobbyC   sandyf Appreciate that and you're right, we can agree to disagree because it really doesn't matter in the long run as far as what people are looking for in this investment. What we do know is that the Sadam era, and prior to, had a currency called the IQD. When the Sadam IQD was "cancelled", they printed a new currency, completely different than the Sadam IQD, and called it the......IQD.

Now if they re denominate and go international will they rename the IQD as you pointed out with the Turkish Lira, could be but then and again, who will care because it becomes a neutral event for us and we battle the spread, not the dealers. Of course that's dependent upon which banks will handle it

BobbyC  Iraq: Vote on UNAMI Mandate Renewal

Tomorrow morning (27 May) Security Council members are expected to vote in person on a draft resolution renewing the mandate of the UN Assistance Mission for Iraq (UNAMI) for one year, until 27 May 2022. The initial draft was circulated on 14 May, and Council members participated in one round of negotiations on 18 May.

Subsequently, the US, the penholder on Iraq, held bilateral negotiations on the text via email with several Council members. The negotiations appear to have gone smoothly. The draft resolution passed silence this morning (26 May) and is now in blue. https://www.securitycouncilreport

Butterfly   Iraqi Dinar/US Dollar auction results 5-27-2021

United States DollarThe results of the foreign currency sale window on Thursday 5/27/2021, and executed today

Sale date – Thursday 5/27/2021 and executed today  the details

Amount    Total sale for purposes of enhancing funds abroad (transfers, credits)   149,049,152

Total cash sale   3,850,000     Total total sales   152,899,152

Note that:

The sale price of the sums transferred to bank accounts abroad is ( 1460 ) dinars per dollar.

The cash sale price is ( 1460 ) dinars per dollar.   cbi.iq/currency_auction/view/1032

butterfly   Al-Saadi: Al-Kazemi is implementing an American plan to return Iraq to 2014

08:44 – 27/05/2021   Al-Saadi - Al-Kazemi is implementing an American plan to return Iraq to 2014The information / Baghdad ..

Political analyst Muhammad Karim Al-Saadi warned, Thursday, of an American plan implemented by Prime Minister Mustafa Al-Kazemi in order to drag the country towards violence and restore the 2014 scenario, in order to thwart the electoral process and go towards the emergency government to ensure that foreign forces remain inside the country.

Al-Saadi said in a statement to “the information”, that “Al-Kazemi kept silent in front of the American bombing of the Popular Mobilization Forces in Al-Qaim, and no inhabitant moved in front of the screams of the people of the crowd canceling their contracts, and he went towards arresting some of its leaders under false pretenses.

He added, “The available data indicates that the government is leading the country towards chaos and internal strife, which makes the situation very fragile, as it is intended to repeat the 2014 scenario.”

Al-Saadi explained, “The American administration does not like the situation in Iraq or the removal of its forces from its lands, as the statements of the political parties confirm that Al-Kazemi is leading an American plan to ignite the fuse of fighting and drag the country towards chaos and violence, with the aim of forming an emergency government and postponing the file of removing American forces from Iraq.” almaalomah.org

butterfly  Urgently The text of the Presidency meeting on the recent developments in the country and the most prominent decisions

05/27/2021 18:20:00   Urgently The text of the Presidency meeting on the recent developments in the country and the most prominent decisionsPresidencies meeting about the recent developments in the country

Today, Thursday, May 27, 2021, a meeting was held at Baghdad Palace, which included the President of the Republic, Dr. Barham Salih, the Prime Minister, Mustafa Al-Kazemi, the Speaker of Parliament, Muhammad Al-Halbousi, and the President of the Supreme Judicial Council, Judge Faiq Zaidan, and discussed the recent developments and the dangerous implications of them.

The meeting stressed that the recent events in the country negatively affect the national efforts aimed at achieving security and stability and preserving the prestige and sovereignty of the state, and the national project adopted by the people’s forces and political and social actors in order to get the country out of the current crises and challenges in preparation for holding fair and equitable elections.

The meeting affirmed that the continuing security turmoil and encroachment on the state’s authority and its right to hold the security and military decision represents a serious violation of the state’s authority and prestige in enforcing the law and protecting the security of citizens, and exposes the country’s stability to real risks, which calls for an active presence of the position of the various political forces in order to address this escalation. And support the state in controlling weapons in its hand, closing ranks and stopping sedition, and taking unified, serious and decisive stances to remedy the crisis.

butterfly   The meeting stressed the need to respect the decisions issued by the judiciary and respect the procedures of state institutions in legal accountability, not to be subjected to decisions of the judiciary outside the constitutional frameworks, and to adhere to exclusively legal procedures and contexts, in order to uphold the rule of law and the principle of citizenship in a state that protects its people and guarantees the rights of all citizens without discrimination.

The meeting affirmed that the parliamentary elections will be held next October, which are of great importance as they come after a popular movement demanding reform, and after the accumulation of crises, mismanagement and widespread corruption, the holding of elections is a constitutional and national duty and it should not be hesitated, as it should be a means for getting out of the current problems and challenges that The country suffers from it and represents the peaceful path of change,

and in order to achieve this goal, the necessary conditions necessary for the electoral process must be met, and the implementation of standards of integrity and transparency in its various stages must not be reversed, and the broad participation is guaranteed, in order to ensure the free will of the Iraqis to choose their representatives away from fraud, manipulation and pressure, And for the election outcomes to be a true reflection of the will of the people and their choices.   alforatnews.com

butterfly   Political leader: The Minister of Finance informed me of his intention to resign before he was questioned

05/27/2021 14:45:13   Political leader - The Minister of Finance informed me of his intention to resign before he was questionedA political leader revealed the intention of Minister of Finance, Ali Allawi, to submit his resignation from the government, especially after the parliament intended to question the minister about several files.

The head of the National Coalition, Iyad Allawi, said in a press interview, “My cousin (the Minister of Finance) told me that he prepared his resignation, and he has no desire to continue with the government because the political blocs bear him raising the dollar at a time that they all met with the prime minister and accepted the decision to raise, but today they disavow the matter. “.

Allawi did not reveal the date of submitting the minister’s resignation.

It is noteworthy that representatives said that the House of Representatives intends to question the Minister of Finance next week, and the most prominent of the interrogation files is the raising of the dollar and the delivery of the region’s financial dues without a legal basis, in addition to other files.   alforatnews.com

butterfly   Dollar prices rose to their highest levels in Baghdad

2021-05-27  Dollar prices rose to their highest levels in BaghdadThe exchange rate of the dollar rose today, Thursday, to its highest levels in the main stock exchange in Baghdad and banking shops.

The Al-Kifah and Al-Harithiya Stock Exchange in Baghdad recorded 149,500 Iraqi dinars against 100 US dollars, after it recorded 149150 dinars during its opening yesterday morning.

While the selling prices increased in the exchange shops in the local markets in Baghdad, reaching 150,000 Iraqi dinars, while the purchase prices reached 149,000 dinars per 100 US dollars.   burathanews.com

butterfly   Kirkuk calls on German companies to contribute to reconstruction and investment in the province

Thursday 27, May 2021 18:42......The Governor of Kirkuk, Rakan Al-Jubouri, discussed with the Ambassador of the Federal Republic of Germany in Iraq, Dr. Ole Dale, the efforts made for the success of the conference to restore stability in Iraq, which will be held soon with the support of the federal government and the efforts of the General Secretariat of the Council of Ministers, Germany and the donor countries.

This came during a joint meeting, during which the governor gave a presentation on reconstruction efforts and services throughout Kirkuk, taking into account their importance and diversity, and enhancing stability and coexistence ...

We valued the efforts of the Iraqi government in supporting plans to restore stability, and Kirkuk’s need for more support, support, and vital and service projects in support of stabilization efforts for the liberated areas. Because of the great damage it was subjected to, and the importance of recalculating the proportions of allocations from projects to donor countries and international organizations in line with the size of the destruction that afflicted more than half of Kirkuk’s area, the displacement crises, the destruction, the demolition, and the psychological damage ..

stressing the importance of the contribution of German companies in supporting reconstruction and building efforts and what they have achieved from Significant progress since the discovery of oil in Kirkuk and the German company Siemens is currently preparing to rehabilitate the K1 unit in Taza.

butterfly   The Federal Ambassador of Germany affirmed the continued support of the Iraqi government in the success of the stability plans, and the importance of Kirkuk’s contribution to the stabilization conference with the Iraqi government, the German embassy and ambassadors of donor countries, in a way that contributes to the success of the reconstruction of the governorates of Anbar, Salah al-Din, Nineveh, Diyala and Kirkuk.

butterfly  Parliamentary Finance / NINA /: The government will challenge the general budget law next week

Thursday 27, May 2021 11:54..........The Parliamentary Finance Committee has suggested that the government will proceed to submit the list of appeals against the General Budget Law 2021 to the Federal Court within the next week.

Committee member, Naji Al-Saidi, said in a statement to the Iraqi National News Agency / NINA /, that "the government is in the process of challenging some provisions of the general budget, and sees the amendments that were added in the House of Representatives affecting the health and electricity sectors," indicating:

"The cabinet will unify The ministries ’notes, which are drafted in a unified draft, to present to the Federal Court an official list of appeals on some of the budget’s provisions.

He added that "there are more than 10 articles in the General Budget Law that the government will challenge in front of the Federal Court, including the article requiring ministries to transfer some formations and join them to the Federal Service Council, as well as the article related to regional development projects," indicating that "the House of Representatives has made amendments to the Budget Law."

The public, and the government has the right to appeal the amendments and additions introduced by the parliament in accordance with the law.

And the Council of Ministers decided, in its session held on April 20, to authorize its president to appeal in front of the Federal Court a number of articles of the Federal Budget Law for the fiscal year 2021.

butterfly  Officially announcing that Al-Assad won a fourth presidential term

Thursday 27, May 2021 23:48.......Syrian President Bashar Al-Assad won a fourth term after winning 95.1 percent of the votes, according to the results announced by Parliament Speaker Hammouda Sabbagh.

Sabbagh said in a press conference that candidate Bashar Hafez al-Assad received 13 million and 540,000 votes.

He added that the number of voters who cast their votes amounted to more than 14 million voters.

The Syrian constitution limits the term of office to seven calendar years.

The Minister of the Interior Muhammad al-Rahmoun said that the number of those entitled to vote could exceed 18 years, reaching 18 million, and 107,000 Syrians, inside and outside Syria.

It is noteworthy that Assad won 88.7 percent of the vote in the previous elections that took place in 2014.

Sandyf   @BobbyC sandyf When the Sadam IQD was "cancelled", they printed a new currency, completely different than the Sadam IQD, and called it the......IQD. - the IQD has never been cancelled, been in the list of ISO active currencies since the inception.

In the event of a redenomination the IQD will become a historical currency as defined by the ISO and will not be recognised by financial institutions outside Iraq. The Iraqi dinar will never become a reserve currency so you should stop misleading people. Stick to the facts.

Dave   https://en.wikipedia.org/wiki/ISO_4217#:~:text=Active%20ISO%204217%20currency%20codes%20%20%20,%20%20Armenia%20%2044%20more%20rows%20

Dave   iso 4217...IQD.......code yes ....globally traded....NOT yet recognized

BobbyC   Hey Sandy how are ya. I'm not misleading people so stop trying to look tough.   So I used the word cancelled instead of not in use. Whoa that's a reach huh? For you I'll use stopped using from now on. I guess we'll wait and see if the IQD just simply goes away. Again if a re denomination occurs, who gives a *.

Dave   can get virtually purchase any currency in the World from my bank within in 1-2 days......Think that my bank orders it from In from say India,,,,,,,they ship it to my bank within 2 days????

Dave   Canada holds Rupees here.....

  Zig   If you access this chat via https://my.cbox.ws/ZIGPLACE   You can make the box much bigger by clicking this link  ZIGPLACE - Cbox

Previous
Previous

"Tidbits From TNT" Friday Morning 5-28-2021

Next
Next

More Iraqi News Thursday PM 5-27-21