Zig’s Place Chat and News Wednesday AM 3-24-21

Zig’s Place Chat and News Wednesday AM 3-24-21

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

butterfly   Al-Baiji: Raising the exchange rate of the dollar is a devastation to the poor and the blood of the Iraqi people cannot be accepted

Wednesday 24, March 2021 13:28  The independent representative, Mansour Al-Baiji, called on all honorable representatives to take a serious stand in order to return the dollar exchange rate to its previous price, as it harmed a large segment of the Iraqi people who had endured very great woes and woes and raised the exchange rate of the dollar, which destroyed them and their unspeakable suffering.

He said in a press statement that "Iraqi markets have been burned by the rise in prices due to the increase in the price of the dollar and the harm of the Iraqi people. This rise included all goods, without exception, not to mention the rise of medicines.

So where does the poor who do not have daily food go, so there must be a serious and supervised stop by the honorable representatives. Their oppressed people throughout the previous years and to the present day, by returning the dollar exchange rate to 119,000 dinars against 100 dollars. "

He added: If the government insists on keeping the exchange rate of the dollar at what it is, it should take quick measures, including raising the salaries of state employees, especially the low salaries and the salaries of the protection network, in line with the current situation and controlling the markets, and that the spectator does not stop watching what is happening in the markets of the unexplained rise in the materials. Food.

butterfly   "We will have a serious pause to return the dollar exchange rate to its old price, and we will not accept otherwise, and we will not compromise at the expense of the sons of our oppressed people who have suffered and endured a lot, and everyone who tries to mix the papers by raising the exchange rate of the dollar against its own factional interests, we will stand against it, and we will not," Al-Baiji explained.

We allow the situation to continue as it is, and our word inside the parliament will be to return the exchange rate of the dollar to its old price, and we will not accept what is happening to our people by any party that advances its interest in the interest of our wounded people.   https://ninanews.com/Website/News/Details?key=895100

butterfly   https://ninanews.com/Website/News/Details?key=895049

For the second day ... the dollar’s exchange rate retreated against the dinar on the stock exchange today

Wednesday 24, March 2021 10:28 The exchange rate of the dollar fell for the second day in a row, to record 143.750 dinars for every hundred dollars on the Iraqi Stock Exchange.

As the selling price of the dollar recorded 143,750 thousand dinars per 100 dollars, and the purchase price of the dollar was 142,750 per 100 dollars.

This decline comes as a result of the presence of votes in the Iraqi parliament calling for a change in the exchange rate of the dollar against the dinar in the general budget before its approval scheduled for next Saturday.

butterfly   https://ninanews.com/Website/News/Details?key=895122

The judiciary chooses the new formation of the Federal Supreme Court / expanded

Wednesday 24, March 2021 15:14 The Supreme Judicial Council announced the selection of the new formation of the Federal Supreme Court.

In its meeting today, the council decided to choose the head of the Judicial Supervision Authority, Jasim Muhammad Abboud, for the position of President of the Court, the President of the Anbar Criminal Court, Samir Abbas, for the position of Vice President of the Court, the President of the Wasit Court of Appeal, Ghaleb Amer, the President of the Najaf Court of Appeal, Haider Jaber, the member of the Court of Cassation, Ayoub Abbas, and the supervisor. Judge Haidar Ali Nuri, and a member of the Appeals Chamber for Salah al-Din Khalaf Ahmad, are original members of the court.

 The Judicial Council also decided to choose the President of the Court of Appeal of Al-Karkh Khaled Taha, the President of the Basra Appeals Court, Adel Abdul-Razzaq, and a member of the Court of Cassation, Munther Ibrahim, as reserve members of the Federal Court.

butterfly    Same old Same old.

Zig  butterfly : Yup

wdave1   @Zig, a number of years ago I mentioned the word Stryker and you thought I was referring to some Guru when actually I was giving a real investment tip. As I recall it was $111. its right at $230. now pays a dividend too. That's how you make money.

wdave1 Last company I bought was MGM and bought CVS drug store last fall both winners.

Zig  wdave1 : That's great...any losers?...You should have been my financial adviser....lol....oh well....

wdave1  Zig, Oh yes!

Zig     We really do not want to give any financial advise in here...I remember that guy @Brow saying he made a lot in penny stocks....I wonder what became of @Brow You out there???

wdave1  Zig, I thought it was your financial advisor or tax person that hooked you up with Dinars.

Zig  wdave1 : No...a couple of email acquaintances told me to buy Dinar fast as it was ready to revalue and I could make millions....lol....so I rushed to buy and was worried I would miss it....lol....that was 10 years ago.....

butterfly   OMG Zig same here.

Zig  Probably the same story for thousands of us....lol

butterfly  He has put his away, as I have put my pretty dinar away. Ya have to laugh at our stupidity sometimes.

wdave1  Zig, the lady I mentioned who was looking for her new Mansion every weekend still looks but I dont'

butterfly    Ready for it.......this is as of a few hours ago: 2021-03-24 02:44

Shafaq News / The dollar exchange rates dropped in the Iraqi market today, Wednesday (March 24, 2021).

• The Kifah Stock Exchange recorded 143,300 dinars, for $ 100.

• The Al-Harthiya Stock Exchange recorded 143,300 dinars for 100 dollars.

The Kifah Stock Exchange recorded 145,150 for $100 yesterday morning.

In Baghdad  Selling prices in the banking stores in the local markets  •Sale price: 143,750 dinars for $ 100

 • Purchase price: 142,750 dinars for $ 100

In Erbil   Selling prices in the banking stores in the local markets

•Sale price: 144,000 dinars for $ 100

• Purchase price: 143,500 dinars for $ 100

wdave1   think as much.

Zig   wdave1 : Yeah...I remember the first few months listening to calls and getting super excited every weekend....

wdave1    Zig, she has got a lot of people into this Scam???

Zig Be at the bank on Monday...lol....they would say that every weekend....

Zig  wdave1 : That's where we disagree...it is not a scam to speculate on any currency...but there are certainly con artists in this community.....

butterfly  To be very honest here, I have had things happen in my life to where I did not even think about the dinar until that Ziggy fella hounded me to join his chat and post articles as I did for Seck years back. Things have been told to me throughout the years about this or that and not a damn one of them has been true. The articles are the same as they were back years ago.

Zig   People speculate on currencies all the time....

wdave1  Zig, You would've done better in a savings account at your local bank.

Zig  butterfly : :Sorry: I lured you back in....LOL

butterfly  Ya right Zig!

 Zig  LOL....:Tongue:

butterfly  https://www.shafaq.com/en/Iraq-News/The-Parliament-to-dissolve-itself-ahead-of-the-elections-MP-says      The Parliament to dissolve itself ahead of the elections, MP says 2021-03-24 06:56

Shafaq News/ A member of the Parliamentary Finance Committee said on Wednesday that the legislative assembly will be dissolved ahead of the general elections to be held on October 10.

Committee Member, Yahya al-Muhammadi, said in a statement to Shafaq News Agency, "the political blocs agreed on the dissolution of the Council of Representatives one day prior to the early elections. However, this approach requires studying and legal drafting."

"If the government failed to fulfill its commitment and the government did not hold the elections as scheduled, the Council stands until it is held."

butterfly  https://www.shafaq.com/en/Iraq-News/Firefighting-teams-extinguished-a-fire-in-al-Rafidian-Bank Firefighting teams extinguished a fire in al-Rafidian Bank 2021-03-24 06:35

Shafaq News/ The Civil Defense teams successfully extinguished the blazes that erupted in Al-Rafidain bank branch in al-Karrada, Baghdad.

A press release of the Civil Defense said that its firefighting teams contained and isolated the fire that broke out on the third floor (a used furniture depot) and prevented the blazes from reaching the bank's floors.

The statement confirmed that the bank's operations were not affected by the fire, indicating that the fire was extinguished smoothly with no casualties and limited material damage.

The Civil Defense Directorate requested starting a criminal inquiry into the incident to reveal its circumstances.

butterfly  https://www.shafaq.com/en/Iraq-News/Qatar-expresses-interest-in-investing-in-Iraq Qatar expresses interest in investing in Iraq 2021-03-24 07:42

Shafaq News / The Qatari Deputy Prime Minister and Minister of Foreign Affairs, Muhammad bin Abdul Rahman Al Thani, announced that his country is seeking to invest in projects in Iraq.

In a joint press conference with his Iraqi counterpart Fouad Hussein, Al Thani said that the meetings he had with the President of the Republic, Barham Salih, and Prime Minister Mustafa Al-Kadhimi were "fruitful."

He added that the main topic discussed in his visit today is how to develop and strengthen economic relations between the two countries, adding that it was agreed to reactivate economic cooperation between Qatar and Iraq.

"We look forward to enhancing investment and economic cooperation," Al-Thani said, noting that this is an opportunity to support the stability of Iraq by providing projects and job opportunities.

Qatari Deputy Prime Minister and Foreign Minister Mohammed bin Abdul Rahman Al Thani arrived earlier this morning in the Iraqi capital, Baghdad, on an official visit.

****************

Zig  Well it seems like many countries are interested in investing in Iraq which is a good thing....

Zig  Investing and Trading will certainly help their economy, etc....

wdave1  Zig, I still believe when realization finally sets in some people will be killed over this Scam.

Zig  wdave1 : I hope not...maybe some will end up in prison...those "BH Group" people were in prison already for things related to this...not sure if they got out yet....I almost invested in their Hedge Fund....Naive @Zig....

butterfly   https://ninanews.com/Website/News/Details?key=895133

Controls of the 15 million dinars loan for the citizen with their salaries at the banks

Wednesday 24, March 2021 16:03 The Iraqi National News Agency publishes the controls for granting the 15 million dinars loan launched by the Central Bank to citizens whose salaries are at banks.

The controls included that the loan was allocated to citizens whose salaries and allocations do not exceed one million dinars, and it includes all employees in the private and public sectors, and the amount of repayment of the loan installment should not be more than half of the salary that the beneficiary receives, and it is an interest-free loan, but an administrative commission 4% will be deducted once.

butterfly  Sound familiar?

butterfly  https://ninanews.com/Website/News/Details?key=895135

The Ministry of Finance denies the statements attributed to its minister regarding his position on changing the dollar exchange rate

Wednesday 24, March 2021 16:16 | The Ministry of Finance denied statements attributed to the minister about submitting his resignation in case the dollar exchange rate changed.

The Finance Ministry said in a statement the National received Agency Iraqi News / Nina / copy of it, it denies the throughput of some television channels and news agency and some members of the House of Representatives, attributed to the minister Ali Allawi, to resign in the event of changed exchange rate. "

Confirmed the financial" These statements, which were attributed to Minister Ali Abd al-Amir Allawi, are fabricated and unfounded, ”and are solemn by all media means:“ Not to deal with such fake news, to ensure its authenticity, and not to be swept away by rumors and to approve news and information through its website and pages. On the social networking sites Facebook and Twitter. ”

butterfly  https://ninanews.com/Website/News/Details?key=895150

Parliamentary Law / Nina /: There are no jurists and experts in the new formation of the Federal Supreme Court

Wednesday 24, March 2021 17:27 The Parliamentary Legal Committee confirmed that the new composition of the Federal Court chosen by the Supreme Judicial Council is completely consistent with the proposal to amend the Federal Court Law that was voted by the House of Representatives last week.

A member of the committee, Deputy Saeb Khadr, stated in a statement to the Iraqi National News Agency ( NINA ) that "the proposal to amend the Federal Court Law, which was voted by the House of Representatives last week, was made without reference to the final parts related to the selection and nomination of jurists and experts."

He added, "There are no Sharia jurists and legal experts in the formation of the new court, because the Judicial Council is the one that selects the nine judges of the Federal Court," noting that "the law referred to in Article 92 of the Constitution on the legislation of the Federal Court law has been transferred to the next sessions." .

He explained: "The quorum for the court to convene will be unanimous, and the judges of the court will also be referred to retirement according to the legal age and years of service, which is 12 years for a member of the Federal Court."

Today, Wednesday, the Supreme Judicial Council announced the selection of the new formation of the Federal Supreme Court.

The House of Representatives, in its evening session last Thursday, voted on Article 3 and a new article of the First Amendment Law (Order No. 30 of 2005) the Federal Court Law, then voted in general on the Law of the First Amendment to the Federal Supreme Court Law.

Dave  butterfly odd that they have a federal Court......for years now,,,,,,just no laws?

butterfly  Dave exactly!

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