Zig’s Place Chat Room Discussion and News Tuesday 8-18-20
Zig’s Place Chat Room Discussion and News Tuesday 8-18-20
Sheila (8/18) GREAT NEWS! One man's Opinion: https://www.youtube.com/watch?v=VTm8ctaCycI
xyz Iraqi Foreign Ministry: Fuad Hussein will hold a round of strategic dialogue with the American side
Foreign Minister Fuad Hussein arrived in Washington at the head of the Iraqi negotiating delegation, to hold a round of strategic dialogue, to be held today, Tuesday, with the American side.
The Iraqi Foreign Ministry said in a statement that this round of negotiations comes as a prelude to the dialogue that Prime Minister Mustafa Al-Kazemi will lead on the Iraqi side with the American side led by US President Donald Trump.
Falah Mustafa, the official in charge of the foreign relations file in the Kurdistan region’s presidency, had revealed that a high-ranking delegation from the region would accompany Prime Minister Mustafa Al-Kazemi on his visit to the United States of America. LINK
xyz Talabani: The recent agreement between Baghdad and Erbil is the cornerstone of a long-term agreement
Vice President of the Kurdistan Regional Government, Qubad Talabani, praised the agreement reached by the governments of Baghdad and Erbil.
Talabani published a video clip on his Facebook page, in which he confirmed that he had met via closed-circuit television, with about twenty-five representatives of states, the United Nations and consuls, to clarify the dimensions of the recent agreement reached by the regional government with the federal government, indicating that the agreement is despite it being Temporarily, but it is considered a cornerstone of reaching a long-term agreement between the two parties. LINK
xyz Al-Kazemi: Iraq still needs the support of the United States
Prime Minister Mustafa Al-Kazemi confirmed that Iraq still needs American assistance to confront the threat posed by the terrorist organization ISIS, indicating that his administration is committed to introducing reforms in the security sector to curb attacks by armed factions on an almost daily basis on the Green Zone.
Al-Kazemi said in an interview with the Associated Press that Iraq currently does not need direct military support on the ground and that levels of assistance will depend on the changing nature of the threat, noting that, "in the end, we will still need cooperation and assistance at levels that may not require direct, military and support today." In the field. " "The cooperation will reflect the changing nature of the threat of terrorism, including continuous training and support with weapons," he added. Al-Kazemi 's statements coincided with the imminent date of his departure to
The United States in days, during which he is scheduled to meet US President Donald Trump. LINK
xyz Central Bank: Do not hoard money in homes .. deal with sober banks
https://www.nasnews.com/view.php?cat=38136
On Tuesday, the Central Bank of Iraq called on citizens to deal with banks in monetary exchanges.
The bank said in a statement that "people" received a copy of it (August 18, 2020), that "we call on all citizens to deal with banks and financial intermediation companies licensed by this bank, during large cash exchanges, instead of hoarding in homes."
He added, "The central bank seeks, through this, to preserve the money supply for citizens, avoid cases of theft and fraud, and promote counterfeit currency."
He continued, "The bank stresses the need to reduce trade exchange in paper currencies, which medical studies have proven to be an effective vector for viruses and bacteria, especially as the country is going through a crisis of spreading the Corona virus."
He pointed out, "The Central Bank adopts the mechanisms of spreading financial inclusion in Iraq, which enhances the banking culture and the shift to monetary exchange through banking transactions with modern technologies and in all their forms."
XzZ 8-18-2020 Guest Guru Austin-Powers-For-PM So let's think this through for a minute. It's no accident that Trump chose August 20th for the day he is meeting PM Al-Kazemi. What else is happening that has been scheduled for awhile? Yep that's correct, Joe Biden accepting the Dems nomination. What does Trump want to do most of all?
He wants to suck the oxygen out of the news cycle and make Biden's acceptance speech a non-event. How does he do that? He makes a BOMBSHELL announcement shortly before Biden takes the proverbial stage. Who will be with him at that time? Yep, PM Al-Kazemi. What will this BOMBSHELL announce be? It could be a whole lot of things. Iraq, Kuwait, and S.A. recognizing Israel? Massive trade deal with Iraq? Anything else? [post 1 of 2....stay tuned]
xyz 8-18-2020 Guest Guru Austin-Powers-For-PM ...A "Sovereign Iraqi State" won't excite the media by itself. I think it's a combination of a Peace Deal, trade agreement, Sovereignty announcement, and support for Iraq "Internal Financial Reforms." RV happens shortly thereafter. What "Shortly" is will be quite variable.
IMO sometime between August 20th and January 1st. But just IMO. But it will have to be epic to suck up all the MSM attention, so I wouldn't be surprised if Al-Kazemi made some sort of announcement standing next to the President. But we shall see. Something is going to happen Thursday evening. [post 2 of 2]
xyz Parliamentary Finance warns of an economic collapse if the loans continue
https://economy-news.net/content.php?id=21472
The Finance Committee in the House of Representatives expected, on Tuesday, that the volume of external borrowing for Iraq will reach about 2 billion dollars, warning of an economic and financial collapse in the event of continuing borrowing.
Committee member Abdul Hadi Al-Saadawi said in a statement reported by the official Al-Sabah newspaper and seen by Al-Iqtisad News, that "the committee has set a higher ceiling that cannot be exceeded for external borrowing in the law of $ 5 billion," indicating that "the volume of foreign loans will range from 1.5 billion." $ 2 billion after many countries showed willingness to lend.
Al-Saadawi promised “external borrowing is the worst for long periods until now,” noting that “the Finance Committee was able to stop borrowing in the 2019 budget.”
A member of the Parliamentary Finance Committee warned of "an economic and financial collapse if borrowing continues
xyz The federal government clarifies the details of the financial settlement with the Kurdistan region
https://economy-news.net/content.php?id=21470
The Ministry of Finance affirmed its commitment to its constitutional duties in economic and financial reform and the management of public finances, including its obligations towards the Kurdistan Regional Government, without the existence of the draft Federal Budget Law for the year 2020.
"When the government took over in May 2020, it was decided not to proceed immediately in drafting the 2020 budget until oil prices stabilize in world markets for the purpose of knowing the most obvious revenues," the ministry said in a statement seen by "Al-Eqtisad News". The ministry also had to compensate Revenues resulting from the collapse of oil prices, reduced demand for it, and Iraq's obligations under the OPEC Plus agreement. "
She pointed out that "the Corona virus epidemic has led to the emergence of additional demands on state expenditures as well as very large additions to public salaries as a result of previous government commitments in the field of employment and employment, and the Ministry of Finance must also deal with the large number of new graduates who are waiting for jobs from The state in light of the instability of oil prices on the world markets and the decline in revenues from it.
The ministry added that "during the month of May 2020, the government agreed to transfer (400) billion dinars to the Kurdistan Regional Government in a state of emergency to meet the demands of regional government employees who had not received their salaries for several months, and this funding was subject to entering into discussions with the regional government to solve all The outstanding issues between the federal government and the regional government regarding oil and non-oil revenues.
And she continued, "The discussions have started in multiple rounds to reach a final agreement in light of the mutual obligations between th
butterfly xyz I had a load of Iraq news that I could have given to you. All the government articles, etc. but I deleted them all because over the years they said almost word for word what you are posting. The world is in a bad affair right now and it will take sometime to get it back on track, so I always said, hang onto your dinar but get on with your life because everyone will know at the same time if we are going to have more money than we have right now.
Xyz butterfly what if Z is gonna be a senator!!
Butterfly xyz The problem with most people don't do their research, like you have done, they go by with the media tells them and I feel that is why we have what we have. Those that did their research are pulling their hair out each and every day of what they are encountering.
butterfly Be a Senator if that is what you want to do. We need more women because they are the ones that clean up the mess....something they have done all their lives.
Butterfly Oh I could go on and on about the politics LOL but I prefer to not get people upset. But as I stated, we all have to wait until the CBI decides to do what "we" want them to do. Until then life goes on...bad or good.....but it does go on.
butterfly I did learn that their version of the English language is far away from our meaning of the English language. They have 1,500 words in their vocabulary compared to how many words we have......you, your, you're, their, there, then, than......on and on with just simple words as we see them but their meaning is entirely different.
xyz Baghdad asks for an exemption from the 2020 budget to complete 2019 projects
https://economy-news.net/content.php?id=21477
Baghdad governorate said that the launch of the package of water, sewage, health and housing projects approved by the Ministry of Planning within the budget for the year 2019 depends on the approval of the Prime Minister to exclude the capital from the current year 2020 budget.
The technical deputy of Baghdad governorate, Ali Al-Ithawi, said that "the governorate’s budget for the past year included a number of projects in different sectors, including water, sewage, health and housing, which were approved by the Ministry of Planning, but it was not implemented due to the financial crisis and the failure to pay any dues for its implementation." ".
He added that "the province, given its urgent need to implement these projects, has submitted a request to the Prime Minister that includes excluding the province from the current year 2020 budget, and disbursing exceptional sums to it to launch an important package of projects."
Al-Ithawi added that "the province, and within its plans for the housing sector, prepared designs for residential lands in the regions of the outskirts of Baghdad, including Bismayah, Al-Nahrawan, Al-Nasr and Al-Salam
butterfly https://ar.parliament.iq/%D8%AA%D8%B7%D8%A8%D9%8A%D9%82-%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D9%86%D9%88%D8%A7%D8%A8-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A/
xyz 8-18-2020 Newshound/Intel Guru Petra ...I think they all know what's coming. We all know what's coming. It's here. We're just going through the process to get us to that point. Whether it's before, during or right after [Kazemi's trip to Washington]. I'm of the option that they've got to do it before but that's me. I could be wrong for sure.
I foresee Kazemi going back to his country with a new rate with all this business that has been committed by our president between Iraq and the U.S. which they've commented on in many articles that he will come back with his head held high, with a sovereign country, with a new currency, and a huge amount of business committed to by our government. That is what I imagine is going to come..
Xyz The Central Bank calls on Iraqis not to hoard money LINK
Xyz A source for RT: Iraq will request financial grants from Washington LINK
xyz A guru is claiming shabibi is back in iraq and assisting...
xyz8-18-2020 Intel Guru Delta ...In my personal opinion we might not see nothing until he [Kazemi] comes back from the U.S. and then we are probably going to hear from the Central Bank of Iraq...the Central Bank of Iraq is preparing to show their hands...the most important question is the time frame...we know the CBI is ready but the million dollar question is the time frame...
xyz How the 'QAnon factor' is playing out in Florida's GOP primaries https://www.yahoo.com/news/how-the-q-anon-factor-is-playing-out-in-floridas-gop-primaries-151258934.html
Xyz The 2008 Strategic Framework Agreement (SFA) with Iraq. The fourth point in the Preamble emphasizes "the building of a diversified and advanced economy that ensures the integration of Iraq into the international community." This is echoed in Section V of the SFA. Section V (point no. 7) which goes further to say "Facilitate the flow of direct investment into Iraq to contribute to the reconstruction and development of its economy."
The US would assert that the 2008 SFA is a reasonable and rational vehicle to do so, providing there is a strong political will, and public acknowledgement of the constructive part both parties should play, without which democracy in Iraq will not take root in the long-run;
https://www.iraq-businessnews.com/2020/08/18/pm-meets-trump-what-outcome-for-iraqi-economy/
xyz Colin Powell a key speaker tonight at dnc
xyz 8-18-2020 Newshound/Intel Guru Mnt Goat ...the CBI has not even given any indication that they have set a time period as a target to complete or begin the project to delete the zeros...I can tell you right now, without any reservation, that you will not see a reinstatement until early January 2021 at the earliest.
I only hope we don’t have to go yet another year after that even...January is the best time to reinstate the dinar. This is the beginning of the Iraqi fiscal year and so for accounting purposes it makes total sense...I expect some actions from the CBI late this fall concerning the project to delete the zeros, but only if they decide to go in January with the reinstatement. This will be our indicator of intent. Get it? No secrets here. They MUST tell the citizens of Iraq what they intend to do and can’t hide this...
sandyf @Zig The latest figures from the CBI for June show issued currency at 60.396 Trillion dinar. If people wish to ignore what gets published that is up to them but it supports Kap's view. Sooner or later reality always kicks in.
Issued doesn't still in circulation. CBI is never going to tell the public of their plans as to if they plan to change their currency. If people wish to ignor you or that other naysayer, why do you have a problem with their opinion? Huh? Do you have a purpose. What's your game in this? Reality does not belong to you.
Xyz Former counterterrorism chief: Trump defeat may prompt right-wing terror attacks https://www.yahoo.com/news/former-counterterror-chief-trump-defeat-may-prompt-rightwing-terror-attacks-190913288.html
John Frank has stated iraq only has 5/8 trillion Dinar in country, the large portion isn’t outside Iraq around the world (not internationally recognized). The released tons of Dinar to help countries become Basel lll compliant. That’s why Trump announced the US has 40-Trillion Iraq Dinar - ASSET BACK THE DOLLAR, Dinar is an asset.
Sheila Opinion / Summary: Kurdistan-Baghdad, Need to reach Comprehensive Agreement - Oil, Ports, Borders, Custom Tariffs https://www.youtube.com/watch?v=CZ6o5SAZM1o
Sheila Too late to turn back now by Cornelius Bros and Sister Rose -- https://www.youtube.com/watch?v=mfYkhQblYjY
Shelia Most people thought the rate would revalue and all the other details that Iraq needed for their sovereignty status would come later. Yet in reality all the government and infrastructure paperwork had to come first to restore their country's sovereignty, regionally and internationally. And the rate change - revaluation - is the final point of execution. We were just years ahead of the final execution point - the RV. Believe we are now days from the RV being launched worldwide.
Hypothesis: PM visit this week, August 19-20 -- maybe 30 days from visit to execute regional and international agreements signed during visit, places the RV around Saturday Sept 19th midnight Eastern, then September 20th hits Forex??? Good dates or could go another week to execute RV, maybe Saturday 26th Eastern, then Sept 27 hits Forex? Two good possibilities, maybe? IMHO lololol
Trump Admin, GOI Financial and Economic Officials and Advisors meeting to begin August 18th. CBI already gave White Papers to GOI for this week's meetings. Iraq PM to meet with Trump on August 20th.
Sheila For that level of officials to be in Washington this week is huge news. Trump getting them here is big signal for Iraq to move forward with international investments. Basically, Trump Admin has gotten Iraq to get their stuff together to do business and not with a currency program rate.
Sheila White Papers from CBI to GOI to Trump Admin, UST. White Papers - time to execute.
Sheila Sheila White Papers from CBI to GOI to Trump Admin, UST. White Papers - time to execute.
Sheila IMHO -- Revaluation is truly upon us now. With this secret big delegation that showed up to hash out economic and security issues for Iraq. PM will be here Thursday to sign off on all these points from White Papers with Trump. Finish with a flourish. Then Iraqi PM's ME tour to Jordan and Syria. Iraq will be taking their victory tour. Get home, get Parliament to get on board, rubber stamp or be gone. Publish in Gazette. Activate rate change along the way or at least by September 20th or the 27th. Eureka! -- IMHO
Sheila IMHO - Possible Strategy: Going to let the hedge funders run it up. Get exchanged about 8-10, cause they will probably take it to 12-16 yet they will make it plummet back to about 4 something in short 2 or 3 days. Don't want to be greedy. Just watch the market rates and be ready to exchange within one or two hours notice. IMHO
RodTahoe There has been alot of articles on currency baskets so that does make sense
Sheila slcaleb like a * cracking. time and pressure is all that's needed. Iraq coming this week to execute White Papers is so big for their economy and investments.
slcaleb sheila Yes indeed! It's ON!
Sheila White Papers - Have personal experience pertaining to White Papers and know exactly how and why they are used in multiple industries, including governments. IMHO
slcaleb sheila You go girl!
RodTahoe Agree, White Paper is a strategic long term plan, and a tactical plan, such as them starting the positive controls of the border crossings. They are working the plan...
Sheila Spend Smart - Spend Slow --- Spend Slow - Spend Smart
Sheila RodTahoe White Papers, near and long term executables. Border, customs tariffs, oil, other resources, infrastructure, military...
RodTahoe there is alot in the papers for sure and one goal, get international and enter the market economy..
Sheila rate change is the linchpin.
slcaleb WHITE PAPERS :banana:
Sheila Money for Nothing by Dire Straits - https://www.youtube.com/watch?v=lAD6Obi7Cag
RodTahoe i see it as part of the process, they will make so much money being international and the change in value will just be part of the process, unlimited future for iraq for sure.
Sheila agree. rate change is one component that could only come in the end game. growing pains moving from dictatorship to parliamentary. cultural corruption was big problem until recently. still some, yet a lot less than a few months ago.
RodTahoe yip and a lot less Iran influence. All setup for them.
Sheila tribal corruption among twin countries - Iraq and Iran.
Sheila Guess this is it for the chat come tomorrow morning.
RodTahoe sure could have been a great room, sad to see it ending......Next month ... Soft government loans
Time: 08/18/2020 09:49:00 Read: 3,146 times {Baghdad: Al Furat News} The Ministry of Labor and Social Affairs intends to launch the 29th batch of soft loans after opening the door for new registration to obtain them early next September.
The Minister of Labor, Adel Al-Rikabi said in a press statement, that his ministry is preparing to open the door for applications for soft loans for new inclusion early next September, adding that the application will continue for a period of 30 days in order to register the largest possible number of job seekers to enable them to obtain the loan.
He disclosed that, after the completion of the registration period, which will be via a special website for the form, the applicants for the loan will be followed up in order to include those who are eligible for the special controls, with the aim of preparing the names for the 29th portion of the soft loans, and by adopting the database of job seekers.
Of the ministry in order for their projects to be launched after that in accordance with the conditions and controls that have been prepared by the relevant committees in the ministry in this regard.
According stapes in the context of the same, that the ministry had launched earlier, the meal the 28 of soft loans between five thousand job seekers end of last July, under the support fund income-generating projects in the capital Baghdad and the provinces of the country all. " LINK
Xyz O dear .... 8-19-2020 Intel Guru Frank26 ...the [CBI connected "satellite] banks established in the United States of America are already open. Oh, snap. The banks that we were talking about that would be helping anyone from the Middle East that live in the United States of America these banks are there for them. And for American citizens too...of all the 48 states...which state do you think has a lot of these Middle Easterners that some 17 years ago they fled Saddam?
They fled the Middle East. They went all over the place. Canada. Switzerland. The Untied States. Of our 48 continental states, which state do you think has the most Middle Easterners...? ...Michigan. And it's more than one bank up in Michigan by the way. I can tell you one of them is on XXXXXX St [in Dearborn Michigan]...please don't be silly.
Don't try to call this bank and ask them "When's the value going to go up?" Really? Only a child will do something like that. Please leave this bank alone... When did these banks open? IMO it's when they became article VIII...
xyz Frank are these banks classified as Z never seen photos or addresses or GPS locations?
Zig I failed but that is fine...No big deal....I guess a chat can't function without Mods and Banning....too bad....
Zig THIS ROOM CLOSES TOMORROW....GO NUTS TONIGHT (Wednesday Aug 19 2020)
Zig I will close the room around 6 PM Eastern today... (Wednesday) Give you peeps more time to tell people off....lol...I will not delete any posts today so have at it
If anything significant starts to happen or has happened with the Dinar I will open the room....An RV...An RI...A Float starts...A GCR happens....whatever.... Stress played a major role as to why I have decided to close this room...Frankly it stressed me out....Never thought it would...live and learn....
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