Zig’s Place Chat and News Wednesday AM 5-19-21
Zig’s Place Chat and News Wednesday AM 5-19-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
BobbyC Iraq is still Iraq.....2021-05-19 05:32 Shafaq News/ A member of the Parliamentary Committee for Integrity said that "political interference" hampered opening the corruption files of former Ministers and government officials.
BobbyC You can add that, Political interference, to the Banking, Oil, Ag, Private and any other Sector in Iraq. Once that gets handled, we might have a chance
Butterfly Oil prices fall due to Corona Wednesday 19, May 2021 09:56............Oil prices fell for the second consecutive session, today, Wednesday, due to renewed demand concerns with the rise in cases of Coronavirus in Asia and fears of high inflation, which may push the US Federal Reserve to raise interest rates, which may limit economic growth. .
Brent crude futures fell 54 cents, the equivalent of 0.80 percent, to $ 68.16 a barrel.
It had fallen 1.1 percent at the settlement on Tuesday, after rising for a short period of more than $ 70 earlier in the session.
U.S. West Texas Intermediate crude futures fell 61 cents, or 0.93 percent, to $ 64.91 a barrel, after losing 1.2 percent on Tuesday.
The rise in Brent crude to $ 70 was driven by optimism about the resumption of economic activities in the United States and Europe, which are two of the largest oil consumers in the world. But it later retreated amid fears of slowing fuel demand in Asia as cases of COVID-19 soared in India, Taiwan, Vietnam and Thailand, prompting a new wave of restrictions on movement.
Butterfly For the second day, the dollar continues to rise slightly in Baghdad and Kurdistan
Wednesday 19, May 2021 10:08 ...........The exchange rate of the dollar rose slightly, today, Wednesday, on the main stock exchange in Baghdad and the Kurdistan region.
The central Al-Kifah and Al-Harithiya Stock Exchange in Baghdad recorded 146,650 Iraqi dinars for 100 US dollars.
While the Central Kifah Stock Exchange recorded 148600 Iraqi dinars during its opening on Tuesday morning.
As for Erbil, the capital of the Kurdistan region, the price of the dollar also witnessed a rise, as the selling price reached 148,700 dinars per hundred dollars, and the purchase by 148,500 dinars per hundred US dollars.
butterfly Iraq is down 32 places in the list of the richest countries in the world
Wednesday 19, May 2021 11:26......The "Global Finance" magazine, which is specialized in classifying the countries of the world, revealed that Iraq ranked 115th in the list of the richest countries in the world for the year 2021, retreating 32 places from 2020.
According to the statistics published by the magazine, "Iraq ranked 115 out of 194 countries listed in the table in terms of per capita gross domestic product according to purchasing power parity, with a share of $ 10.003, down 32 places from 2020, which was ranked 83."
She added, "Some very small and very rich countries, such as Luxembourg, Singapore and Hong Kong, have benefited from the existence of advanced financial sectors and tax systems in them that help attract foreign investment and professional talent, while other countries such as Qatar and Brunei have large reserves of hydrocarbons or other generating natural resources." For profits. "
Globally, Luxembourg came first as the richest country, followed by Singapore, Ireland, third, Qatar, then Switzerland, followed by Norway, sixth, then America, Brunei, eighth, Hong Kong, ninth, and Denmark, tenth.
The Arabs came Qatar ranked first and fourth globally , followed by the UAE and Bahrain Third, Saudi Arabia is fourth, Kuwait fifth and then Oman Sixth Egypt Seventh Lebanon Eighth came and then Algeria came ninth place and Jordan Tenth and Tunisia ranked 11 and Iraq ranked 12. "
And was based on classification of the magazine to the latest figures And the data issued by the International Monetary Fund for the month of April, which calculates the gross domestic product according to purchasing power parity at current dollar prices.
Zig :Garfield: Members and Visitors...I will be logged in more now but not necessarily here...Anyone whom you see logged in may not be in chat at the time you see their name listed...One thing that continues to puzzle me: Why do people register here but never post once??...
Zig :I Don't know: To see if they can do it??...lol...Anyway, yesterday was an anomaly (big word, UNEEK...ha ha) for me as far as ranting about Gurus...lol...I used to do that a lot elsewhere but have found that people need to discover the truth out there on their own...was the same for me as I was addicted to all for far too long....I believed it all...Sigh...okay, stay safe and :Nice day:
UNEEK Zig just a thought --- if it were not for the dinar speculation and all the rumtel providers this chatroom would have never been created - we would have never met - our energy and focus would have been in a different direction - good ? bad? happy? sad? richer? poorer? who knows - personally I do not regret at all that I found my way here - I feel I have learned and gained in many ways - the one really really sad thing is that the friend that introduced me to the dinar and the first 2 forums passed away a year ago -
Doug_W UNEEK DITTO Doll
Sheila @UNEEK agreed. that's why I do not dismiss any "guru" or anyone participating in this speculation. I use my discernment and filter.
butterfly Gold's rise, supported by the dollar's decline
Wednesday 19, May 2021 11:31 ..........Gold prices rose today, Wednesday, hovering near their highest levels in four months, supported by the dollar's decline, ahead of the release of the minutes of the latest policy meeting of the US Federal Reserve, which is expected to shed more light on policymakers' opinions on inflation.
Gold rose in spot transactions 0.3 percent to $ 1873.01 an ounce, after touching its highest level since January 29 at $ 1874.80 in the previous session, and US gold futures rose 0.2 percent to $ 1872.
The dollar index fell to a nearly three-month low against other major currencies.
As for other precious metals, silver fell 0.2 percent to $ 28.14 an ounce, after hitting its highest level in more than three months on Tuesday.
Palladium gained 0.1 percent to $ 2,906.31, and platinum advanced 0.2 percent to $ 1,220.25.
butterfly Leader in the Kurdistan Democratic Party: We will not return to Kirkuk without weapons .. These are our conditions for return
Wednesday 19, May 2021 14:12 .....The leader of the Kurdistan Democratic Party, Shakhwan Abdullah, a member of the negotiating delegation of the Kurdistan Regional Government to normalize the situation in Kirkuk, refused to return the party to Kirkuk without weapons.
Abdullah, who is the party’s candidate in Kirkuk for the upcoming elections, said in a press statement: “The Kurdistan Democrat will not return to Kirkuk without weapons, and no party should condition his return without weapons ... We will not return to Kirkuk if we are not able to protect our headquarters, so it will be. We have a force to protect the headquarters. It will not be a force armed with heavy weapons, but rather to protect our headquarters. "
He added, "Our conditions for returning to Kirkuk are to evacuate all the party headquarters and hand them over to us, and all the lands and homes that were seized must be returned to their owners, and the militias removed from inside the city of Kirkuk, and the security file must be entrusted to the local government in Kirkuk."
The Kurdistan Democratic Party withdrew from Kirkuk and most of the other disputed areas following the events of October 16, 2017 and the success of the law enforcement plan.
In an interview with a number of Iraqi satellite channels on May 8, Prime Minister Mustafa Al-Kazemi affirmed that the KDP should restore its headquarters in Kirkuk "according to its social entitlement and without armed men." Purpose. / Done
butterfly Europe "needs to take a Lead on Iraq"......19th May 2021......As it is beginning, the Biden administration has an opportunity to refocus US attention in the Middle East, and in one key country in particular-Iraq. But this region is not the only critical policy focus for the United States.
Given the critical role that Iraq's stability plays in the security of the wider Middle East, it is essential that Europe proactively takes a lead in maintaining long-term political, economic, and security involvement in Iraq.
In a new Atlantic Council issue brief, "Europe Needs to Take a Lead on Iraq," Dr. Christian Koch argues that Europe has already invested in Iraq's stability and, going forward, should lead in policy areas demanding immediate and continued attention.
Deliberate policy coordination and a European willingness to significantly increase its burden-sharing would be a tangible contribution to the Biden administration's stated goal of rebuilding alliances and partnerships.
Click here to read the full report. https://www.atlanticcouncil.org/in-depth-research-reports/europe-needs-to-take-a-lead-on-iraq/
butterfly Hey UNEEK hope all is well with you.
butterfly The Station launches Entrepreneurship Program in Mosul............
19th May 2021.........With the support of Asiacell, The Station Foundation is currently implementing I'dad program as part of the services provided to entrepreneurs, university students, and recent graduates.
The program aims to prepare some trainers from the city of Mosul in the fields of entrepreneurship and design thinking in all its stages through intensive training which lasted for 60 hours and prepared 20 trainers.
In the second phase of the program, 10 trainers were selected to train several university students and recent graduates in the fields of entrepreneurship, as they began to train 50 university graduates who aspire to transform their ideas into emerging companies due to the city's urgent need for new projects in various sectors.
This program will contribute to introducing them to the world of entrepreneurship and the ecosystem of entrepreneurship in the city. In the next phase of the program, several university students will be trained in the city of Mosul.
I3dad program is considered an important opportunity, given the city of Mosul's need for trainers in the entrepreneurship sectors due to the increasing growth of this field in the city and also the increase in the number of students and graduates interested in the field of entrepreneurship and their desire to find their way in this field.
(Source: The Station)
butterfly New Steel Factory in Opens in Erbil......19th May 2021..............KRG Prime Minister Masrour Barzani on Tuesday inaugurated the largest and most advanced steel factory in Iraq and the Kurdistan Region which will create 1,000 job opportunities, a flagship project of the Kurdistan Regional Government's ambitious economic reform agenda.
At the inaugural ceremony, the Prime Minister affirmed the industrial project is one of many strategic investments the ninth Cabinet is making to diversify and strengthen the Kurdistan Region's economy as the Kurdistan Regional Government continues to deliver on its promises to support the private sector.
The Med Steel factory costed $100 million USD to build and will produce high-grade metal and steel, in line with international standards.
The 617,500 sq.m. factory has an annual production capacity of 350,000 tons of steel and is estimated to create over local 1,000 jobs. The factory will also recycle metal scraps and steel, contributing to a greener economy.
Prime Minister Barzani emphasised that the ninth Cabinet's vision for the Kurdistan Region involves sustainable growth in all sectors of the economy, and requires a shared commitment to the development of the Kurdistan Region. "I am glad to see the fruits of our efforts, and to see Kurdistan Region taking a step forward, day after day," the prime minister stated. (Source: KRG)
Butterfly 2021-05-19 08:05 Shafaq News/ Bitcoin fell sharply earlier this week on Tuesday continuing a major sell-off that began a week ago.
The digital currency fell over 13% to hit an intraday low of $38,585.86 at around 12:54 a.m. ET, according to CoinDesk data. It was the lowest level since Feb. 9, the last time it dropped below $40,000.
Negative news over the past week has dampened sentiment for bitcoin.
On May 12, Tesla CEO Elon Musk said the electric carmaker had suspended vehicle purchases using bitcoin, citing environmental concerns over the so-called computational “mining” process. This is where high-powered computers are used to solve complex mathematical puzzles to enable transactions using bitcoin.
Musk’s comments caused over $300 billion to be wiped off the entire cryptocurrency market that day.
The announcement to suspend bitcoin payment came just three months after Tesla revealed that it bought $1.5 billion worth of bitcoin, and would start accepting bitcoin in exchange for its products.
Early this week, the Tesla CEO clarified that the company has “not sold any Bitcoin.”
Then on Tuesday, three Chinese banking and payment industry bodies issued a statement warning financial institutions not to conduct virtual currency related business, including trading or exchanging fiat currency for cryptocurrency.
butterfly China’s hard line on digital currencies is not new. In 2017, authorities shut down local cryptocurrency exchanges and banned so-called initial coin offerings (ICOs), a way for companies in the space to raise money through issuing new digital tokens.
Traders in China once accounted for a huge share of the bitcoin market but after the crackdown, their influence was reduced significantly. Chinese cryptocurrency operations have moved abroad.
Bitcoin is still up over 40% year-to-date and 320% in the last 12 months.
Other cryptocurrencies also plunged. Ether, the digital currency that powers the Ethereum blockchain, was down nearly 15% at $3,001.70 at 1:15 a.m. ET. Dogecoin, a cryptocurrency that started as a joke and has been talked up by Musk, fell over 18% to $0.4076, according to Coinmarketcap.com.
Around $279.65 billion had been wiped off the entire value of the cryptocurrency market in 24 hours as of 1:18 a.m. ET.
Bitcoin is off by about 39% from its all-time high of $64,829.14 which was hit in mid-April.
Vijay Ayyar, head of business development at cryptocurrency exchange Luno, said that a 30% to 40% pullback is “normal” during bitcoin bull markets.
“So this is very much expected after we topped out at 64K ($64,000),” he said.
Ayyar pointed to a roughly 35% correction in January as well as similar falls during the huge run-up in bitcoin’s price in 2017.
butterfly “We are definitely close to a bottom” around $38,000 to $40,000, he said.
Bitcoin bull Mike Novogratz told CNBC on Tuesday that he sees $40,000 as a buying level for the digital currency. The investor, who runs cryptocurrency financial services and investment management Galaxy Digital, said he expects bitcoin to consolidate in a trading range between $40,000 to $55,000.
“Then we’ll have another leg up. And I say that not just by guessing. We see institutions moving in, and it takes them a while,” Novogratz said.
butterfly 2021-05-19 04:43 Shafaq News/ Gold hit nearly a four-month peak on Tuesday before easing slightly as yields on U.S. Treasuries inched higher, with a weaker dollar and inflation fears maintaining a floor under bullion prices.
Spot gold was up 0.3% to $1,873.01 per ounce by 0657 GMT after hitting its highest level since Jan. 29 earlier in the session at $1874.8. U.S. gold futures settled at $1,872, largely unchanged from Monday.
The dollar index fell to near a three-month low, making gold cheaper for holders of other currencies.
Elsewhere, silver rose 0.3% to $28.26 per ounce after hitting its highest level since Feb. 2 in the session.
Palladium rose 0.1% to $2,904.87 per ounce, while platinum dipped 1.6% to $1,219.98.
butterfly 2021-05-19 02:10 Shafaq News/ Today, Wednesday, the Dinar/Dollar exchange rates rose in Baghdad and Erbil.
Shafaq News Agency correspondent said that Al-Kifah and al-Harithiya Central Exchanges are trading the 100 US dollar at 148650 Iraqi Dinars.
Our correspondent added that today's selling and buying prices in the local markets rose to 149000 and 148000 dinars per 100 dollars.
In the capital of the Kurdistan Region, Erbil, the US buying and selling prices rose to 148700 and 148500, respectively.
butterfly 2021-05-18 06:13 Shafaq News/ Global Construction Review (GCR) ascribed the 30 kilometers short railway that will link the Iranian border city of Shalamcheh to the Iraqi city of Basra as "Historic", hinting at its vitality in linking Iraq to the Belt and Road project and establishing a channel between Iran and Syria.
GCR said, "although the line would run for only 30km and cost around $150m, it would be the only rail connection between the two countries and would vastly improve communications in the wider region by connecting China’s Belt and Road lines to Iraq and bringing Iran closer to Syria."
The office of the Iraqi prime minister tweeted on Thursday, "The negotiations with Iran to build a railway between Basra and Shalamjah have reached their final stages, and we have signed 15 agreements and memorandums of understanding with Jordan and Egypt regarding energy and transportation lines."
Funding for the project, which was approved by the Iraqi cabinet in April, will come from Iran's Mostazafan Foundation, which is described as a "semi-government charity".
The link, which has been discussed for many years, was first announced in November 2018, when Islamic Republic of Iran Railways (RAI) announced that it hoped to build a line between the two cities.
butterfly The Al-Monitor news site reported at the time, "The railway is part of Syria’s reconstruction deal … promoting religious tourism among Iran, Iraq and Syria. Syrian opposition parties, however, have rejected the railway, believing it will entrench Iranian influence and help provide the logistic services necessary for its presence in Iraq and Syria."
Iran’s IRNA news agency reported that Iraj Masjidi, Tehran’s ambassador to Baghdad, argued that the rail line could make Iraq a regional transport hub.
He said Iraq could become one of the "largest transit countries in the region", and that "Iraq can be connected to China through the railways of the Islamic Republic of Iran and increase its strategic importance in the region".
Masjidi also suggested that the rail line could lead to an expansion of Basra’s port facilities. He said, "Now only small ships can dock in this port, but the development and equipping of the port along the dredging of the Arvand River can change the situation and help the port prosperity and 'Transit Iraq'."
butterfly 2021-05-19 04:28 Shafaq News/ "The Kurdistan Region: Unity and Constitution" held today, Wednesday, in the Kurdistan Region University hosted the leaders of the big parties in the Region and explored their views about the constitution and the preparations for its ratification.
In a symposium at the sidelines of the conference, the General Coordinator, Omar Sayyid Ali, said, "where do we get unity from if we have two administrations, two Peshmerga forces, two Asayish forces, and two finance organizations? Everything we have is divided into two," in reference to the two swooping parties in the Region, the Kurdistan Democratic Party (KDP) and the Patriotic Union of Kurdistan (PUK).
The leader of the Kurdistan Justice Group (formerly Known as the Kurdistan Islamic Group), Ali Bapir, said, "We shall achieve justice before. After that, we can achieve unity. Unity allows us to formulate a good constitution."
He added, "fifteen years have passed since drafting the Iraqi constitution. Until the moment, we still have no constitution because we think in a narrow scope. We took the partisan affiliation as a criterion."
The co-chair of the PUK, Pafel Talabani, said, "We must reconcile with our people, and then unity will be achieved."
The Secretary of the Political Bureau of the KDP, Fadel Mirani, said, "I believe that the constitution is essential because it is a social contract," he added, "the problem is that none of us goes and browses his papers to know where the mistakes are?"
For his part, the leader of the Kurdistan Islamic Union, Khalil Ibrahim, said, "the constitution will not be achieved if there is
Sheila @UNEEK SEEMS IT DOESN'T TAKE MUCH TO BECOME "GURU" STATUS -- lol lol : Excerpt from https://dinarrecaps.com/our-blog/news-rumors-and-opinions-wednesday-am-5-19-2021 :: """ ... He confirmed Mr. Fleming's sources that as of yesterday Mon 17 May 226,000 CMKX payouts and package deliveries had been completed, and as MarkZ and Sheila (Al Hodges' close friend and accd to MarkZ one of the most knowledgeable sources on CMKX and the GCR/RV release) said, all recipients are under TIGHT NDAs gag orders, so no one is talking about their receiving CMKX payouts; ..."""
Doug_W no political consensus and we do not restore the people's confidence in the authority in the Region."
Sheila Doug_W What bits of information I posted about non-dis-agree was from my only valid source. That source is no longer available. And I am very happy about that happening.
UNEEK sheila :Goodmorning: and thanks for your presence here and contributing those little tid bits of rumtel - keeping the hope alive - :Ella: Elephant
Sheila UNEEK time is hope
butterfly Al-Hakim calls during his meeting with the Swedish ambassador for a greater role for his country in Iraq, economically and in development
Wednesday 19, May 2021 14:56.............The head of the Iraqi coalition, Ammar al-Hakim, discussed with the Swedish ambassador to Baghdad Lars Ronas, developments in the political scene in Iraq and the region.
During his meeting with the Swedish ambassador, Al-Hakim discussed bilateral relations between the two countries and ways to develop them at all levels to serve the interests of the two friendly countries and peoples.
He said, according to a statement by his media office: "Iraq is open to everyone and seeks balanced relations with all countries of the world in accordance with common interests and respect for sovereignty."
Al-Hakim called for a greater role for the Swede in Iraq in the economic and developmental fields.
butterfly The Human Rights Commission calls on the international community to put pressure to stop the Israeli aggression and protect the rights of the Palestinians
Wednesday 19, May 2021 15:01 ...... The High Commission for Human Rights in Iraq strongly condemned the continuation of the Israeli attacks on the Palestinian people and the violation of the rights of innocent civilians who were killed as a result of the criminal Israeli bombing.
A statement by the High Commission for Human Rights in Iraq stated, "While the commission denounces and denounces these attacks, it affirms that what is happening now in the Gaza Strip and Jerusalem is a flagrant violation of human rights and a clear violation of international humanitarian norms and laws."
The Commission called on the international community, international humanitarian organizations and the UN Security Council to take immediate action in order to protect the Palestinians and their sanctities, and to make efforts to issue international decisions to immediately stop the Israeli crimes, guarantee the right of the Palestinian people to self-determination and prevent attacks that affect Palestinian cities day and night, which resulted in the deaths of martyrs, the wounded and the demolition. Civilian homes and institutions are in clear violation of the principles of human rights and the right to live and life. "
butterfly The Commission called on the Arab authorities, the Arab Network of National Human Rights Institutions, and the League of Arab States to take a firm stance to preserve the lives of the Palestinians and the Noble Sanctuary, and to pressure the international community to move to stop the attacks and alleviate the suffering of this people.
She confirmed that she will continue her work with her counterpart in Palestine and the Council of the Arab Network for National Human Rights Institutions to support the Palestinian people and mobilize a unified position through international mechanisms to condemn the brutal Israeli aggression and stop the bloodshed of the Palestinian brothers.
Butterfly The Palestinian President: What Israel is doing is state terrorism, and we will not tolerate the pursuit of the perpetrators of the crimes against our people
Wednesday 19, May 2021 15:43..........Palestinian President Mahmoud Abbas affirmed that what is happening in Gaza is state terrorism, and there will be no peace without Arab Jerusalem.
”Abbas said in a speech at the emergency meeting of the Arab Parliament today, Wednesday:“ Jerusalem is the essence of the Palestinian national identity and part of the Arab identity. And Islamic and without it there will be no peace. ”
The Palestinian President added:“ We want a just and comprehensive peace in accordance with the resolutions of international legitimacy and on the basis of the Arab Peace Initiative. ”
”Abbas described what the occupation state is doing in Gaza as:“ organized state terrorism, ”stressing:“ We will not. We are negligent in prosecuting the perpetrators of the crimes against our people in international courts. "
He added, "Our work is focused on stopping the aggression against our people in Jerusalem, the West Bank and the Gaza Strip, and we informed the American administration of our full readiness to work with it within the framework of the International Quartet, but we cannot neglect any of the rights of our people and our nation in particular in the city of Jerusalem."
butterfly A foreign ministry official discusses with Plasschaert cooperation between Iraq and the UN mission
Wednesday 19, May 2021 17:30.........The Undersecretary of the Ministry of Foreign Affairs for Legal Affairs, Qahtan Taha Khalaf, discussed with the Special Representative of the Secretary-General of the United Nations in Iraq, Jenin Hennes Plasschaert, the joint cooperation between Iraq and the UN mission.
A foreign ministry statement said: "The Undersecretary for Legal Affairs and Multiple Relationships met with Jenin Plasschaert at the Ministry's headquarters, and the two sides discussed a number of issues related to the work of the UNAMI mission in Iraq within the framework of joint cooperation between Iraq and the UN mission within the mandate granted to it by the United Nations." /is over
butterfly Determine the date of the last flight to evacuate the Iraqis stranded in India
Wednesday 19, May 2021 17:36........The Ministry of Transport announced the date of its last extraordinary trip to evacuate Iraqi citizens wishing to return from India to the homeland.
The Ministry of Transport said in a statement: "The Iraqi Airways Company will conduct on Friday (May 21, 2021) the fifth and final exceptional evacuation flight for Iraqi citizens who are on Indian lands wishing to return to the homeland," inviting them to visit the official Iraqi Airways office or the embassy. Iraqi in Delhi.
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