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Zig’s Place Chatroom News Friday Afternoon 12-24-21

Zig’s Place Chatroom News Friday Afternoon 12-24-21

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

Butterfly   I found this an interesting read: WhatsApp is the next front

Abdulrahman al-Maliki 2021-12-24 A few years ago, news spread on social media that Mark Zerrumberg, the founder of Facebook, had bought WhatsApp in a deal worth $19 billion, and this is a not small amount, to join Facebook, preceded by the youthful Instagram program.

Everyone knows that Facebook is run by the Pentagon. Otherwise, how can a young man in his early twenties buy these applications and have freedom and money without placing restrictions. No one expected that WhatsApp would be subject to the publishing policy that violates the freedom of the individual, which is guaranteed by the country in which he lives.

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Rather, it is the management of man according to laws far from this country, or rather, the special laws and directives in America that dominate even our publications that are not considered a violation according to our country. American policy imposes its dominance on social networking sites and buys any application it sees as a media front against it, Recently, it banned the Chinese application Tik Tok because the company refused to sell the application to these people.

All the programs that follow the American policy began to set publishing policies according to their mood and did not respect the policies of the country in which we live. It is very natural for the arrogant America that did not respect the sovereignty of this country to do so, but for how long will this government silence continue towards our media, which targets a specific and specific group of people?

The sons of this country, who are known for their sacrifice and steadfastness. In conjunction with the approaching anniversary of the martyrs leaders, the American administration began attacking the accounts of the Mujahideen brothers from all sides,

butterfly   WhatsApp, Twitter, Facebook, Instagram, to begin the stage of the media and psychological attack. The US administration failed to attack us in reality, "like ISIS gangs and other conspiracies," so it resorted to websites. https://burathanews.com/arabic/articles/404868

butterfly   Official: $79 billion in Iraq’s internal and external debts

December 24, 2021 10:42 am   Official - 79 billion in Iraqs internal and external debtsMubasher: The economic advisor to the Prime Minister, Mazhar Muhammad Salih, announced today, Friday, that the remaining internal and external debts on Iraq amount to 79 billion dollars.

Saleh said in a statement to the Iraqi News Agency (INA), that “as for foreign debts, there is a suspended amount that has not been settled under the Paris Club Agreement to settle Iraq’s foreign debt, and it goes back to the so-called debts before 1990, estimated at 41 billion dollars, which requires that the debt is correct. To be discounted by 80 percent or more according to the terms of the Paris Club Agreement, with no more than $8-9 billion.”

He added that “the aforementioned amount appears in the accounting books of four Gulf countries at a rate of approximately 66 percent distributed between Saudi Arabia, Kuwait, Qatar and the Emirates, and it dates back to the era of the Iran-Iraq war and is expected to be written off by 100 percent because it is a debt associated with wars and not for development purposes.”

He pointed out that “the remaining 34 percent belongs to eight different countries, and in general it can be said that the sovereign debt on Iraq is divided between the group of Paris Club countries and countries outside the Paris Club, and commercial debts.”

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butterfly   Adviser to the Prime Minister explained that “Iraq’s foreign debts, especially debts before 1990, were settled under the 2004 Paris Club Agreement, where it was agreed to write off 80 percent and more of those debts, whose initial estimates at the time approached $129 billion, and most of them were written off and the rest was scheduled. Debt over 20 years.

And he indicated that “despite the fact that Iraq made some external borrowings due to financial distress after 2014 as a result of the war on ISIS terrorism and the drop in oil prices and its direct impact on the country’s public budgets, the total external public debt subject to repayment obligations does not exceed 20 billion dollars today.”

He added, “As for the internal public debt, it is the largest today and amounts to about 50 billion dollars, but it is a debt between government financial institutions exclusively, and it is settled within the internal economic policies, and it is a low-risk debt,” noting that “the increase in oil revenues will provide high financial leverage to settle the debts.” The remnants of debt and easy choices.

Saleh explained: “In light of the foregoing, the public debt components can be re-analyzed as follows: If the internal public debt touched nearly $50 billion, 67 percent of it goes back to the Central Bank of Iraq with an average annual interest of 3 percent, while the debt The remainder of it, which must be paid, is about $20 billion.”

He stressed that recalculating the actual external public debt is $29 billion, and that the actual total internal and external debt is $79 billion, and assuming that the gross domestic product for the year 2021 is $178 billion, the actual debt-to-product ratio is about 45 percent, and it is still falling within the safe range of EU standards of stability and growth.   mubasher.info

butterfly   Chihod: The Election Law Will Not Remain In Place, And The Next Parliament Will Have Its Say

12/24/2021 | 9:28 AM   Chihod - The Election Law Will Not Remain In Place And The Next Parliament Will Have Its SayInformation / Baghdad…

A member of the State of Law coalition, Muhammad Chihod, confirmed that the election law has faced rejection by most of the political blocs and parties, pointing out that the law will not remain as it is and will face changes during the next parliamentary session.

Chihod told Al-Maalouma, “The next parliament will work to change the election law after the great failure of the electoral process and manipulation of the poll results, which was a reason to appeal to the Federal Court about the election results.”

He added, “Most of the political forces have objected to the election law, which caused fraud and chaos that accompanied the voting process, and whose repercussions still exist.”

And he indicated that “the judiciary is unlikely to go in the direction of canceling the results and calling for new elections, especially since there are a number of reasons, the most prominent of which is the absence of a parliament, in addition to the fact that the government is still a caretaker.”   almaalomah.me

butterfly   Legal: The Government Can Remove Iraq From Chapter VI After Paying Kuwait Compensation

12/24/2021 | 9:34 AM   Legal - The Government Can Remove Iraq From Chapter VI After Paying Kuwait CompensationInformation / Baghdad…

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The legal expert, Ali Al-Tamimi, explained that the government is required to act before the Security Council in order to remove the name of Iraq from Chapter VI after paying Kuwait’s compensation in full.

Al-Tamimi told Al-Maalouma, “Iraq was placed under Chapter VII of the United Nations after the invasion of Kuwait under UN Security Council Resolution No. 666 in 1990, and it came after warnings, warnings and an economic siege imposed on the country, then international sanctions came to put it under Chapter VII.” .

He added that “the personality of Iraq has become weak in international law, and it is not permissible for it to contract, import, export and conclude agreements, meaning that the government is like a caretaker government.”

And he indicated that “Iraq exited from Chapter VII in 2017 under Security Council Resolution No. 2390, and entered into Chapter VI due to the presence of $4.5 billion worth of belongings with Kuwait as compensation for its invasion in the nineties of the last century.”

He stressed that “Iraq, after fulfilling all its obligations contained in Chapter VI, has terminated all material obligations to Kuwait, and the government, through its representative at the United Nations, must notify the UN Security Council of this, in order to issue a decision that Iraq ends Chapter VI, and this has positive economic repercussions for the money to return.” granted to Kuwait to the state’s financial treasury. finished 25

almaalomah.me

butterfly  Again..........Official: $79 billion in Iraq’s internal and external debts

December 24, 2021 10:42 am   Official - 79 billion in Iraqs internal and external debtsMubasher: The economic advisor to the Prime Minister, Mazhar Muhammad Salih, announced today, Friday, that the remaining internal and external debts on Iraq amount to 79 billion dollars.

Saleh said in a statement to the Iraqi News Agency (INA), that “as for foreign debts, there is a suspended amount that has not been settled under the Paris Club Agreement to settle Iraq’s foreign debt, and it goes back to the so-called debts before 1990, estimated at 41 billion dollars, which requires that the debt is correct. To be discounted by 80 percent or more according to the terms of the Paris Club Agreement, with no more than $8-9 billion.”

He added that “the aforementioned amount appears in the accounting books of four Gulf countries at a rate of approximately 66 percent distributed between Saudi Arabia, Kuwait, Qatar and the Emirates, and it dates back to the era of the Iran-Iraq war and is expected to be written off by 100 percent because it is a debt associated with wars and not for development purposes.”

He pointed out that “the remaining 34 percent belongs to eight different countries, and in general it can be said that the sovereign debt on Iraq is divided between the group of Paris Club countries and countries outside the Paris Club, and commercial debts.”

Adviser to the Prime Minister explained that “Iraq’s foreign debts, especially debts before 1990, were settled under the 2004 Paris Club Agreement, where it was agreed to write off 80 percent and more of those debts, whose initial estimates at the time approached $129 billion, and most of them were written off and the rest was scheduled. Debt over 20 years.

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butterfly   And he indicated that “despite the fact that Iraq made some external borrowings due to financial distress after 2014 as a result of the war on ISIS terrorism and the drop in oil prices and its direct impact on the country’s public budgets, the total external public debt subject to repayment obligations does not exceed 20 billion dollars today.”

He added, “As for the internal public debt, it is the largest today and amounts to about 50 billion dollars, but it is a debt between government financial institutions exclusively, and it is settled within the internal economic policies, and it is a low-risk debt,” noting that “the increase in oil revenues will provide high financial leverage to settle the debts.” The remnants of debt and easy choices.

Saleh explained: “In light of the foregoing, the public debt components can be re-analyzed as follows: If the internal public debt touched nearly $50 billion, 67 percent of it goes back to the Central Bank of Iraq with an average annual interest of 3 percent, while the debt The remainder of it, which must be paid, is about $20 billion.”

He stressed that recalculating the actual external public debt is $29 billion, and that the actual total internal and external debt is $79 billion, and assuming that the gross domestic product for the year 2021 is $178 billion, the actual debt-to-product ratio is about 45 percent, and it is still falling within the safe range of EU standards of stability and growth.   mubasher.info

Butterfly   How Will Oil Prices Be In 2022?

Economic  Last Update 12/24/2021 | 8:23 PM  Russian Deputy Prime Minister Alexander Novak ruled out that oil prices will change significantly in 2022 with the recovery of demand for crude and its return to pre-Corona pandemic levels.

Novak said in a television interview, "The demand for oil will continue to recover, the world has learned to live in the conditions of the Corona pandemic," and indicated that the demand for oil will return to pre-crisis levels by the end of 2022.

The Russian Deputy Prime Minister added that it is unlikely that oil prices will change much next year as demand recovers.

With regard to Russia's oil production in 2022, the Russian official said that his country will raise its crude production next year to 540-550 million tons.

He pointed out that Russia increased its oil production in 2021 by 2.1% to 524 million tons, pointing out that the Russian budget revenues from oil and gas in 2021 amounted to 8.5 trillion rubles.

Oil prices are currently trading at the level of $77 a barrel, in light of the recovery in demand after its decline due to the Corona crisis and its repercussions. https://almaalomah.me/2021/12/24/572716/

Doug_W   Sunny  75.92 °F  Feels like 75.92 °F  Wind 4.6 MPH  Humidity 43.3 %  Sunrise at 07:15  Sunset at 17:37

butterfly   Wow it is up to 50 degrees, but rain will be coming around 7PM

butterfly  Al-Hakim confirms that a government can be formed within two weeks

Friday 24 December 2021 22:19 The head of the National State Forces Alliance, Ammar al-Hakim, confirmed that a government can be formed within two weeks.

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Al-Hakim said in a speech during the Christmas Eve mass at St. Joseph Cathedral: "The sooner we form the government, we will achieve people's interests and be in front of a government team that runs the country and provides services and others."

He added, "We need to focus on the common people more than the sources of difference, and it is shameful that we are unable to manage the difference and solve our problems. We have to build one Iraq and be adept at reassuring each other instead of division and revenge."

He pointed out that "there are great commonalities with our Christian brothers, stressing that we should be proud of belonging and diversity as it is a great blessing from God, and the Christians in Iraq are our bridge to the Christian world." https://ninanews.com/Website/News/Details?Key=946696

butterfly   Al-Kazemi: I don't think there is a political blockage... There were elections and there are challenges we face / Expanded

Friday 24 December 2021 23:59 Prime Minister Mustafa Al-Kazemi confirmed that he does not believe that there is a political blockage, or in political work, indicating that there were elections and there are challenges we face and now there is a dialogue.

Al-Kazemi said in his speech during the mass that was held at the Joseph Cathedral in Baghdad on the occasion of Christmas: “On Christmas Day, the sound of war stops, and we must continue to create hope. This is the Iraqi heritage in diversity."

He added, "We celebrate Christmas, which has become a symbol of a transient Iraqi national identity, and it is imperative for us to create an Iraqi identity that crosses sects and religions. Today, we celebrate Christmas as days to celebrate spirituality, tolerance, and life."

He continued, "We are united by these holy days, which are a memory of the birth of our Lord Jesus Christ, a prophet of Christians and Muslims alike."

He pointed out that we were united in the past in confronting terrorism and confronting terrorist organizations, and we are united today in commemorating the glorious day of Christmas. The Iraqis, with all their sects, participated in confronting terrorism, Muslims, Christians and all other sects.

From this point of view, His Holiness the Pope visited Iraq, and the visit confirmed the symbolic and spiritual importance of Iraq, and this visit raised the interest of the whole world in Iraq as a home of religions, from Abraham (peace be upon him) to our Prophet Muhammad (peace be upon him).

butterfly   He pointed out that this country, which is your country, represents a rich religious diversity and a human, cultural and spiritual asset to the whole world. It possesses real wealth, which is the religious and cultural diversity that Iraq possesses, and the Iraqis should make it a source of strength. Some countries spend billions of dollars in order to create diversity; That is why we must invest in diversity to support Iraq's national, regional and international standing.

And he continued, during the year and a half, my government had to work to advance all the forces of society with all its benevolent components; In order to strengthen Iraq's regional position, as well as trying to support the spiritual and national renaissance of the spectrum of Iraqi society in order to restore cohesion between its components, and in order to strengthen its regional and international standing.

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He explained: "Our Christian people and the solidarity of the clergy and Christian leaders with other components had an indispensable role to work hand in hand in order to strengthen this position."

He said, "Iraq witnessed a strong national and diplomatic movement during this period, despite the serious challenges that my government faced from the pandemic, the economic crisis, and the regional and international conflict."

He added, "This would not have happened if the Iraqis were not cooperating with each other and supporting the government's efforts."

He stressed that we succeeded in raising the name of Iraq, setting the first foundational steps for economic reform, and holding successful and fair elections in a record period, in addition to launching reconstruction and economic cooperation projects with countries in the region and strengthening Iraq's position regionally and internationally.

He continued: We emphasize once again: The identity of the Iraqis cannot be imagined without Christians, and this cannot be done without all the other components of the citizens of Iraq.

butterfly   He said, "I do not believe that there is a political blockage, or in political action. There were elections and there are challenges that we face and now there is a dialogue. Some countries are delaying the formation of governments for a long time. We have no choice but dialogue. It is the solution to build a future worthy of Iraqis of all their sects, and it must Dialogue is an opportunity for hope, not for it to turn into an element of threat and blackmail, as Iraq is built through understanding,

and unfortunately we hear those who say that the number of Christians in Iraq is constantly decreasing, so we must encourage Christians to stay in Iraq and contribute to building this country and building its national identity. And to face challenges together,

He pointed out that weeks ago, Iraq's credit rating was raised by two degrees, which is what is happening for the first time since 2003; These are the results of the economic reform white paper, which has begun to bear fruit. https://ninanews.com/Website/News/Details?Key=946702

butterfly  Erdogan Reveals The Size Of Turkey's International Reserves

Economic  Last Update 12/24/2021 | 11:03 PM

Turkish President Recep Tayyip Erdogan revealed today, Friday, the size of Turkey's international reserves, and this comes at a time when the Turkish lira is under severe pressure, as the currency hit its lowest level this week.

The Turkish president referred to the existence of an "economic war" against Turkey, and said that "those who were unable to bring Turkey to its knees in any way have directed their power towards our economy," according to what was reported by Anadolu Agency.

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The Turkish president added, during a meeting with a number of economists and academics in Istanbul: “We are waiting for those who raised prices with the rise of the dollar to reduce them at the same speed and proportion.”

Regarding the strength of the Turkish economy, Erdogan said that the reserves of the Turkish Central Bank today exceed 115 billion dollars, and that Turkey has no debt to the International Monetary Fund and there are no talks with it.

The Turkish president indicated that the country will enter a period of economic prosperity and productivity by the summer, stressing that Turkey has a solid economic base that makes it one of the largest economies in the world.

Earlier, the Turkish President launched a new economic plan to adjust currency exchange rates in a way that suits the country's economic reality, and said that his government is determined to protect citizens' gains from inflation pressures and exchange rate fluctuations.

In turn, Turkish Minister of Treasury and Finance Nureddin Nebti indicated that the positive results of the "Turkish economic model" will appear before the summer of 2022. He added that this is a distinctive model that will attract direct investments in exchange for hot money.

butterfly   The Turkish currency has witnessed a decline since the beginning of this year, in light of the Turkish Central Bank reducing key interest rates despite the high inflation rates in Turkey. https://almaalomah.me/2021/12/24/572746/

butterfly   Thousands of flights cancelled due to COVID-driven staff shortage

Delta, Lufthansa, United cancel flights on Christmas Eve and beyond as Omicron cases force personnel to take sick leave. 24 Dec 2021

At least three major airlines have reported cancelling dozens of flights as illnesses largely tied to the Omicron variant of the coronavirus take a toll on flight crew numbers during the busy holiday travel season.

At least 5,000 cancellations are expected during December 23-25, according to Flight Aware, a website that tracks flight data. more here: https://www.aljazeera.com/news/2021/12/24/thousands-of-flights-cancelled-due-to-covid-driven-staff-shortage

Doug_W   GN and merry christmas

Sheila   FYI, discernment: 12/24/2021 All Signs Are Pointing by Nick Fleming -- https://nicksintel.wordpress.com/2021/12/24/12-24-2021-all-signs-are-pointing

 

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