Zig’s Place Chatroom News Friday AM 10-29-21

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

Butterfly   Somebody is really mad:.....

Iran accuses the International Atomic Energy Agency of leaking confidential data and threatens it with "necessary measures"

Thursday 28 October 2021 19:42 The Iranian government accused the International Atomic Energy Agency of publishing confidential data on Iran, pledging to take the "necessary measures" to put an end to this problem.

The spokesman for the Atomic Energy Organization of Iran, Behrouz Kamalvandi, said today, Thursday, that the dissemination of Iranian secret information and messages has become a method adopted by the IAEA, explaining that the agency from time to time publishes "detailed and partial information on Iranian nuclear data."

Kamalvandi, in particular, criticized the leaking of secret messages between Iran and the director general of the IAEA, Rafael Grossi, to the media, stressing that this approach does not apply to the rest of the agency's member states and is only practiced against the Islamic Republic.

The Iranian spokesman stressed the need to put an end to this matter, stressing that Tehran will take what is necessary and will reconsider its dealings with the IAEA if it does not stop leaking information. https://ninanews.com/Website/News/Details?key=935819

Sheila   Discernment advised: Nicks Intel Update - Information, October 28, 2021 -- Good afternoon

We have been asked to remain quiet and so we are watching what is going on for the moment. We will still be posting the Safelink Websites when we get the notification. The biggest hold up has been the 3.5 Trillion dollar bill. The main problem has been that they are trying to tax an event that is non-taxable.

No one knows the rates and what you are hearing on the rates on the redemption of the Zim’s is wrong and we will not know what we are going to get until we are at the redemption center. We at this point do not know what the default rates are going to be until we get there.

Just try to remain calm and use your common sense.   When we get an update we will tell.

https://nicksintel.wordpress.com/2021/10/28/10-28-2021-information/

NORV  (Kaperoni from Dinar Alert) Dave why bother with a LOP? because they have to reduce the money supply. And there is only two ways to do it...1. gradually raise it over time and remove the notes. 2. just do it at once with a trillions to billions reduction. In either case, the money supply at 80-100 trillion is unmanageable as they move forward to engage with the global financial system. One event has to occur. Despite what guru's say, there cannot be a RV because Iraq cannot afford such an even with that much dinar in circulation in Iraq. Not to mention, it would turn the banking system into chaos.

NORV   :Float: :Float: :Float:

Zig   :Garfield: I agree with what NORV posts

Butterfly   / OPEC + / reduced its forecast for the growth of oil demand this year

Friday 29 October 2021 An oil source said: "The Joint Technical Committee of OPEC + reduced its estimates for the growth of global oil demand this year to 5.7 million barrels per day from 5.8 million, amid the continued strong recovery of consumption since its collapse in 2020."

The source said, according to "Reuters": "The Joint Technical Committee, which met yesterday, Thursday, kept its forecast for demand during the next year at 4.2 million barrels per day."

He added, "The revision of growth estimates in 2021 is not a cause for concern because it serves as an update to the data."

The ministers of the Organization of Petroleum Exporting Countries (OPEC), Russia and their allies, the alliance known as "OPEC +", will meet on the fourth of next November to decide on production policies. https://ninanews.com/Website/News/Details?key=935904

butterfly   Amazing how OPEC raises the price around every holiday.

Butterfly  The dollar is at its lowest level globally in a month

Friday 29 October 2021 The dollar moved near its weakest level in a month against the major currencies, under the influence of the strong euro, while traders are betting on an increase in European interest rates, and the rise in stocks reduced the demand for safer assets.

The dollar index, which measures the performance of the US currency against a basket of six other major currencies, including the euro, rose 0.1% to 93.462, but remained close to its lowest level recorded yesterday, Thursday, at 93.277, a level it has not fallen to since last September 27.

The Australian dollar also fell 0.1% to $0.7537, after hitting its highest level since early July at $0.75555 in the previous session.

The New Zealand dollar fell 0.3% to $0.7177 after the Consumer Confidence Index fell sharply in October.

The euro fell 0.1% to $1.1666, after rising to $1.1692 overnight for the first time since September 28.

There was little change in the yen, which is another safe haven, as it reached 113,595 yen to the dollar, to continue to decline gradually from its highest level in almost three years at 114,695, which it reached last week.

https://ninanews.com/Website/News/Details?key=935892

butterfly   Despite its rise today, the global oil price is heading for its first weekly loss in two months

Friday 29 October 2021 Oil prices rose today, Friday, but are heading towards recording the first weekly losses in at least 8 weeks, after US crude stocks rose more than expected.

Brent crude futures rose 0.2%, to $84.51 a barrel, by 07:00 Baghdad time, while US West Texas Intermediate crude futures rose two years to $82.83 a barrel.

The two crudes are on track to decline 1% during the week, in the first weekly decline in ten weeks for US crude, and the first in eight weeks for Brent crude.

And data from the US Energy Information Administration showed last Wednesday that crude oil inventories in the United States rose much more than expected in the week ending October 22, 2021.

The “OPEC +” group will hold a meeting on November 4, 2021.

Analysts expect the bloc to stick to its plan to add 400,000 barrels per day to the supply per month until April 2022. https://ninanews.com/Website/News/Details?key=935886

butterfly  For the first time since the outbreak of Corona, the G-20 summit will hold an attendance conference

Friday 29 October 2021 The Group of Twenty (G20) will hold its summit this year in Rome, for the first time since the outbreak of the Corona pandemic, amid intense security reinforcements, and the absence of the leaders of China, Japan, Mexico, Russia and Saudi Arabia.

"The summit, which will start on Saturday, will focus on climate, combating COVID-19 and economic recovery on the eve of the International Climate Conference (COP26), which will be held in Glasgow, Scotland," said the Chinese Xinhua News Agency.

Italian Prime Minister Mario Draghi considered the G20 summit. The return of pluralism after dark years of isolation and isolation linked to the health crisis, and

US President Joe Biden arrived in Rome this Friday morning to hold talks with Draghi, and he will also meet there with his French counterpart Emmanuel Macron.

The summit will be attended by Brazilian President Jair Bolsonaro, who has decided to skip the climate summit in Glasgow, and Indian Prime Minister Narendra Modi.

On the other hand, Russian President Vladimir Putin, Chinese President Xi Jinping and Saudi King Salman bin Abdulaziz will be absent, provided that the three leaders speak via video conference technology.

On the other hand, this will be the last G-20 summit that German Chancellor Angela Merkel will attend, accompanied by her possible Social-Democratic successor, Olaf Scholz, Finance Minister in the outgoing government. https://ninanews.com/Website/News/Details?key=935880

butterfly   2021-10-29 06:52  Shafaq News/ The preacher of the Kufa mosque, Muhannad al-Moussawi, said that aim of appointing a prime minister from the Sadrist movement to the next federal government is to achieve the reform project adopted by the movement's leader Muqtada al-Sadr.

Al-Moussawi said, "We are officially adopting the reform project that Al-Sadr planned for, and the Sadrist prime ministership, to show others the value of the beliefs to which we belong." https://shafaq.com/en/Iraq-News/Kufa-mosque-preacher-Al-Sadr-s-government-will-achieve-reform

butterfly   2021-10-29 06:07   Shafaq News/ The head of the Environmental Protection and Improvement Authority in the Kurdistan Region, Abdul Rahman Siddiq, said that Iraq is ranked fifth among the countries most affected by climate change in the world.

Siddiq said in a speech today, "Skyscrapers do not define countries. Water, rivers and springs do", adding, that Iraq's richness attracted the most prominent civilizations of the world.

Siddiq added, "Our work does not differ from the work of the Ministry of Agriculture and Water Resources", he said, noting, "The latter's work lies in securing water, while ours focuses on its quality", calling on environmental organizations and media in Iraq and the region to pay more attention to environmental issues.

The government official, who was the former Minister of Environment in Iraq, indicated, "the International Green Climate Fund and the great countries should work to help the countries that have become victims of environmental pollution," pointing that Iraq has nothing to do with the climate change, but it ranks fifth in the world among the countries most affected by climate change. https://shafaq.com/en/Iraq-News/Iraq-ranks-fifth-in-the-world-among-the-countries-most-affected-by-climate-change

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