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Zig’s Place Chatroom News Friday 9-10-21

Zig’s Place Chatroom News Friday 9-10-21

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

butterfly   Russia announces today the complete completion of the construction of the "North Stream 2" gas pipeline

Friday 10 September 2021 11:59 ...The company quoted in a statement, according to “Sputnik”, at a morning business meeting at “JSC Gazprom”, Chairman of the Board of Directors Alexei Miller that this morning as saying at 8:45 Moscow time, the construction of the gas pipeline (North Stream 2) was completely completed. "...........more in article     https://ninanews.com/Website/News/Details?key=926389

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butterfly   "Sputnik" brought back memories when I worked in Florida and worked for the company that was putting a space equipment into space and it was called "Sputnik". How odd is that.

butterfly   https://ninanews.com/Website/News/Details?key=926374 ...............

The White House: The first phone call between Biden and his Chinese counterpart

Friday 10 September 2021 08:51 ................. The White House announced, on Friday morning, that US President Joe Biden and his Chinese counterpart Xi Jinping discussed the interests of countries and the competition between the United States and China during broad strategic phone conversations.

Today, Friday, the White House said: "US President Joe Biden spoke with his Chinese counterpart Xi Jinping,

and the two presidents held intense strategic negotiations, during which they discussed common interests and views, and agreed to cooperate on both issues."

According to the White House statement, Biden seeks to avoid an "unintended conflict" in US-Chinese relations, noting that the two leaders discussed the two countries' responsibility to ensure that competition does not escalate into conflict.

butterfly   https://www.iraq-businessnews.com/2021/09/10/elsewedy-and-ttc-complete-substations-in-iraq/ ................. Elsewedy and TTC complete Substations in Iraq .................. Elsewedy Electric and Toyota Tsusho Corporation (TTC) have reportedly announced the completion of four electrical substations in Southern Iraq.

According to Zawya, the $546-million contract was signed in February 2018, with the participation of the Japan Bank for International Cooperation (JBIC), Bank of Tokyo-Mitsubishi UFJ, and Sumitomo-Mitsui Banking Corporation, under insurance cover by from Japan's Nippon Export and Investment Insurance (NEXI).

More here.    https://www.zawya.com/mena/en/projects/story/Elsewedy_and_TTC_complete_EPC_of_4_GIS_substations_in_Iraq-SNG_240568397/

butterfly   https://www.iraq-businessnews.com/2021/09/10/undp-toyota-to-support-sustainable-development-in-iraq/ ............. UNDP, Toyota to support Sustainable Development in Iraq .......

10 Sep 21, 07:57 U-S-bond-auction ............. Oil dives late, hit by China supply plan, U.S. bond auction

butterfly   A very long article: ....... https://www.shafaq.com/en/Report/20-Years-After-9-11-U-S-Global-Authority-Is-Weaker-Than-Ever ........... 20 Years After 9/11, U.S. Global Authority Is Weaker Than Ever

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butterfly   A slight increase in the price of the dollar in the Iraqi markets

2021-09-10 | 08:48   A slight increase in the price of the dollar in the Iraqi marketsAlsumaria news

Alsumaria News publishes the exchange rates of the dollar against the Iraqi dinar in the Iraqi local markets on Friday.

The selling prices of the dollar were 148000 dinars per 100 dollars, while the purchase prices of the dollar were 147,250 dinars per 100 dollars.

Yesterday, the selling price amounted to 148000 Iraqi dinars per 100 US dollars, while the purchase prices amounted to 147000 Iraqi dinars per 100 US dollars.    alsumaria.tv

butterfly   Parliamentary Finance: It is impossible to pass the 2022 budget law except on one condition

09-10-2021 02:44 PM   Parliamentary Finance - It is impossible to pass the 2022 budget law except on one conditionOn Friday, the Parliamentary Finance Committee revealed that it is impossible to approve the 2022 budget in the remaining days of Parliament’s life, unless the elections are postponed.

And members of the committee suggested, during press statements, that the issue of approving the budget would be moved to March of next year.” They added that despite the federal government’s talk about the preparation of the ministries of finance and planning a draft budget bill for next year, it is still unknown if it was prepared. In principle, or is it ready to be sent to the House of Representatives,” explaining that “even if it reaches Parliament, it will not be able to approve it due to lack of time..   dijlah.tv

butterfly   https://ninanews.com/Website/News/Details?key=926429 ...............

Al-Maliki: Polling centers indicate that the State of Law coalition is number one in the upcoming elections

Friday 10 September 2021 19:40 ........ Head of the State of Law coalition, Nuri al-Maliki, confirmed that all polls indicate that his coalition is number one in the upcoming elections.

He said in a televised statement that we welcome and recognize all that we obtain in elections.

He added that if the United Nations found that there was fraud in the elections, it would not give them legitimacy.

He explained that the United Nations will monitor the percentage of participation in the elections, noting that the turnout in 2018 did not exceed 20 percent, and we hope that the turnout will be greater in this year's elections.

He made it clear that what concerns him is the integrity of the elections and the security situation that allows the voter to cast his vote without fear.

He noted that the government is responsible for providing a safe environment during the elections.

He added that he is not determined to return to the premiership and that he does not mind choosing any service position in the country.

He pointed out that the uncontrolled weapon is the third party that fires the missiles, and it is the weapon of the unknown.

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butterfly   FACTS:  Total Americans Killed in Vietnam War: 58,281  Total *Texans* Killed by COVID: 59,596

butterfly   sure glad I don't live in TX

Doug_W   me to but no0t for that reason

Dave   Iraq is preparing to hold a conference to discuss the recovery of its looted funds

Dave   He pointed out that there is a conference to recover funds that will be held on 14 or 15 September to activate the role of the Ministry of Justice as it is considered as Iraq’s lawyer before the world, indicating that the volume of corruption funds is estimated at 360 billion dollars .

Dave   https://almasalah.com/ar/news/214930/%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%8A%D8%B3%D8%AA%D8%B9%D8%AF-%D9%84%D8%B9%D9%82%D8%AF-%D9%85%D8%A4%D8%AA%D9%85%D8%B1-%D9%8A%D9%86%D8%A7%D9%82%D8%B4-%D9%81%D9%8A%D9%87-%D8%A7%D8%B3%D8%AA%D8%B1%D8%AF%D8%A7%D8%AF-%D8%A3%D9%85%D9%88%D8%A7%D9%84%D9%87-%D8%A7%D9%84%D9%85%D9%86%D9%87%D9%88%D8%A8%D8%A9

Dave   wow.....that be like over 4 quadrillion IQD.....!

NORV   only two facts you need to know...80 trillion in circulation and Iraq's total net worth including all oil and minerals in the ground is 16 trillion. That should tell you there will never be a RV. lol

NORV   :Float: :Float: :Float:

Dave   NORV yeah ...was that a FREE FLOAT managed FLOAT?

butterfly   NORV I have a question for ya. How do you know there is only 80T  in circulation?

Dave   Kap fails to realize that IRAQ has done very little exploration since they made their discoveries of natural resources in the last 30-40 yrs

Dave   butterfly CBI could just be sitting on it and not recirculating it

Dave   Auctions rake in3-4 trillion IQD/month

Dave   thought the GOVT stopped stuffing enevelopes with cash to pay their workers a while ago

Dave   NORV Recollect the the comments from previous Central Bank Governors regarding FREE FLOAT VS MANAGED FLOAT????

Dave   NORV are you aware their oill assays based on

Dave   estimates discoverd over 30 yrs ago

Dave   Schlumberger Haliburton etc oil exploration companies pulled out decades ago

Dave   butterfly None the same 380billion usd would more than clean up that 80 trillionIQD

Dave   NORV Quadrillion follows trillions?

Doug_W   then Nonillions then Dec etc

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butterfly   https://www.shafaq.com/en/Kurdistan/President-Barzani-to-Kurdistan-s-parties-preserve-the-constitutional-rights-of-Kurdistan-is-our-goal ............President Barzani to Kurdistan's parties: preserve the constitutional rights of Kurdistan is our goal

TWW   חג החצוצרות המכונה ראש השנה הוא ראש השנה היהודי, זמן של התחלות חדשות. העונה מייצגת פיוס וניכוס.

TWW   The Feast of Trumpets aka Rosh Hashanah (Yom Teruah) is the Jewish New Year, a Time of New Beginnings. The season represents reconciliation and appropriation.

TWW   wanna hear what college ball games audence thiks of joe pres byde? The Feast of Trumpets aka Rosh Hashanah (Yom Teruah) is the Jewish New Year, a Time of New Beginnings. The season represents reconciliation and appropriation....turn it up, louder

TWW   https://youtu.be/Ebtr5OwESeU (sorry abt my goof up above

NORV   butterfly It was stated so last week....

NORV   From a different point of view, economic expert Hammam Al-Shamaa explains in an interview with Al-Alam Al-Jadeed that “the increase in the Central Bank’s sales of dollars comes due to the increase in the monetary mass, as it was 42 trillion dinars, before the Minister of Finance announced last year that he would not pay Salaries and lack of revenues, so he borrowed from the Central Bank about 37 trillion dinars.

He explains that "the total mass of cash rose to about 80 trillion dinars, and since this amount is in circulation, it turned to the demand for the dollar or the purchase of real estate, which caused the current rise in real estate prices in Baghdad and all of Iraq."

NORV   https://al-aalem.com/news/63420-%D9%85%D8%A8%D9%8A%D8%B9%D8%A7%D8%AA-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%AA%D8%B1%D8%AA%D9%81%D8%B9-%D8%AA%D8%B9%D9%88%D9%8A%D9%85-%D8%A7%D9%84%D8%B9%D9%85%D9%84%D8%A9-%D9%8A%D9%81%D8%B4%D9%84

NORV   Which makes sense since they devalued the dinar, it takes more to acquire dollars. So the CBI had to pump more dinar into the marketplace.

NORV   Dave I find it interesting how you try to dismiss the truth especially when it is from legitimate reliable sources.

NORV   If a country is only worth 16 trillion dollars it may be off a bit one way or another, but your making statements like they are worth significantly more and you have no proof to support your nonsense.

NORV   The fact is 80 trillion is like 5 x the entire worlds money supply. There is no way Iraq could RV the dinar with that much in circulation. Not to mention, it is not how monetary policy works to begin with. You are just clinging to guru lies in hope for some magical lotto ticket. Never happen.

NORV   Study and learn how monetary policy really works and stop reading and listening to utter nonsense from gurus.      Have a good night!  :Float:   :Float:   :Float:

Dave   NORV  80 TRILLION IQD.......not usd.......?   thats like 60 billion usd  HMM...now they have 80 trillion usd...stuffed in mattresses?

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

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