Zig’s Place Chatroom News Late Thursday AM 10-14-21
Zig’s Place Chatroom News Late Thursday AM 10-14-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Butterfly Erdogan dismisses senior Turkish central bank officials after the value of the Turkish lira deteriorated
Thursday 14 October 2021 09:38 The Turkish Official Gazette published this morning, Thursday morning, a decision signed by Turkish President Recep Tayyip Erdogan to dismiss two vice-chairmen of the Central Bank and another official and to appoint their place.
The Official Gazette said that according to the decision, the two Vice-Presidents of the Central Bank, Semih Tuman, and Ugur Namik Koçek were dismissed. And a member of the Monetary Policy Council Abdullah Yavas from their positions.
The newspaper added that according to the decision, “Taha Chanak” was appointed as Vice President of the Central Bank, and “Youssef Tuna” was a member of the Monetary Policy Council.
After the presidential decision, the Turkish lira recorded a new decline, reaching 916 liras for every 100 US dollars, which is the highest decline the Turkish lira has reached so far. / The prices of commodities, fruits and vegetables began to rise significantly in the local markets, as well as the case for real estate and its rentals. https://ninanews.com/Website/News/Details?key=933096
butterfly The Lebanese Army: We will shoot any gunman in the street
Thursday 14 October 2021 The Lebanese army announced that its units deployed in the capital, Beirut, will shoot any gunman on the roads, after a shooting that killed and wounded three people and wounded others during a demonstration calling for a change of the judge in charge of the port explosion case.
And the Lebanese army said in a tweet via Twitter: "The deployed army units will shoot at any gunman on the roads and at anyone who shoots from anywhere else. We ask civilians to evacuate the streets." https://ninanews.com/Website/News/Details?key=933150
butterfly 2021-10-14 01:18 Shafaq News / The relatively surprising results that came out of the Iraqi ballot boxes led to three basic conclusions that will govern the entanglements of the Iraqi political situation, perhaps until the next elections. The imposed facts can no longer be ignored, neither from the political authority nor from the existing forces and parties.
Perhaps the most powerful messages are those related to the 41% turnout, which was the lowest since 2003, despite intensive calls from state figures and active parties on their supporters to vote, as well as the intervention of the Supreme Shiite authority Ali al-Sistani, who appealed to voters to participate because it is the best way to build the state and end corruption.
The irony is that such a low turnout is recorded at a time when Iraq is suffering from crises and problems affecting the majority of sectors, from jobs to healthcare to widespread corruption, the unrestricted weapons, the threat of terrorism, to the severe neglect of state services, electricity, water, and others.
Therefore, it is only normal for citizens to try changing this bitter reality through the ballot box. However, more than 13 million voters remained home, and only about 9 million voters participated in the elections, reflecting many political, social, and partisan painful meanings.
Despite the reality that the country is in dire need of a change, analysts expected a low turnout in the October 10 elections. In fact, promoting otherwise was more wishful thinking than a reflection of the indifference and frustration felt by millions of Iraqis. This frustration resonated clearly with the Iraqi High Electoral Commission announcement of the elections results and turnout in the various governorates.
butterfly the rest of the long article go here: https://www.shafaq.com/en/Report/Iraq-elections-More-than-a-surprise-less-than-a-quake
butterfly 2021-10-14 05:14 Shafaq News/ The financial adviser to the Prime Minister, Mazhar Muhammad Salih, confirmed that the new instructions of the Central Bank regarding selling foreign currency are part of a plan to combat money laundering.
Salih said in an interview with Shafaq News Agency, "The new instructions of the Central Bank regarding selling foreign currency, come within the framework of combating money laundering, by increasing the procedures for checking and disposing of foreign currency," noting, "A lot is being said about the currency auction and the money that comes out of it."
"The Central Bank is keen on the foreign currency to go to a beneficiary that serves the Iraqi economy through high governance and transparency," noting, "there is no fear of these instructions as long as the transactions are sound and clean."
He added, "the existing foreign currency reserves are high, and there is no problem in meeting the demand through the auction," indicating, "these procedures in checking the currency's disposal is a measure to address illegal operations and is part of national security."
Saleh stressed that there is no fear of the Central Bank's measures as long as this currency is going in the right way.
Some exchange offices expressed fear over the rise in the dollar exchange rate, following the new strict instructions of the Central Bank to sell foreign currency through its daily auction, which will be implemented on October 17.
It is noteworthy that the Central Bank issued on September 26, new instructions for the sale and purchase of foreign currency to authorized banks and mediation companies, indicating that the goal behind this is to maintain the stability of currency exchange rates and adhere to the requirements of the Anti-Money Laundering and Terrorist Financing Law. https://www.shafaq.com/en/Economy/The-PM-s-adviser-the-new-CBI-instructions-aim-to-combat-money-laundering
butterfly 2021-10-14 07:08 Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $206 million in foreign currency today, Thursday.
Shafaq News Agency correspondent said that the CBI sales of foreign currency in today’s auction amounted to $206,422,600.
Our correspondent explained that nine banks and 17 exchange companies cashed $40.660 million, while the $165,877,785 went to boost funds abroad in the form of credit and non-cash transactions, with 34 banks meeting those demands. https://www.shafaq.com/en/Economy/CBI-sales-in-the-currency-auction-decline-today-8
butterfly 2021-10-14 07:21 Shafaq News/ The Iraqi Oil Minister, Ihsan Abdul-Jabbar Ismail, stressed the need to increase investments and support projects to develop the gas sector to meet the growing need for clean fuels in global markets.
This came on the sidelines of his participation in the work of the World Energy Forum week in Russia, which opened yesterday, according to a statement issued by the Iraqi Oil Ministry today.
The Minister of Oil pointed to the importance of regulating the global gas market, and speeding up the organization of mechanisms to achieve the required balance between supply and demand, by the producing countries.
He also called for addressing the state of confusion in global markets as a result of the shortage of supplies by the producing countries.
Oil prices could reach $100 a barrel, Russian President Vladimir Putin said on Wednesday, adding that Moscow and its partners in the OPEC+ producer group are seeking to stabilize the global market. https://www.shafaq.com/en/Economy/Iraqi-Minister-of-oil-stresses-the-need-to-increase-oil-investments
butterfly Familiar names fade away while others rise in Mosul election
Son of Saddam Hussein's top general among those elected to Iraqi Parliament https://www.thenationalnews.com/mena/2021/10/14/familiar-names-fade-away-while-others-rise-in-mosul-election/ OH BOY ................. Moustachioed men in leather jackets with Uzis tucked into their belts usher dignitaries in to meet the newly elected MP.......................what the hell!!!!!!!!!!!
butterfly Sadr and independents biggest winners under Iraq's new election law https://www.al-monitor.com/originals/2021/10/sadr-and-independents-biggest-winners-under-iraqs-new-election-law
butterfly The Takeaway: Sunni ‘awakening’ is a big story from Iraq’s elections https://www.al-monitor.com/originals/2021/10/takeaway-sunni-awakening-big-story-iraqs-elections
butterfly Al-Kazemi addresses the blocs objecting to the results and confirms: The challenges are many
2021.10.14 – 15:27 Al-Kazemi addresses the blocs objecting to the results and confirms - The challenges are manyBaghdad – people
Prime Minister Mustafa Al-Kazemi confirmed, on Thursday, that these elections have no “loser and everyone is a winner, because the competition in them was for the service of Iraq.”
“We have fulfilled our promise to hold the elections on time without recording any security and legal breaches,” Al-Kazemi said in a speech during the cabinet session, which was followed by “Nass” (October 14, 2021).
He added, “This is the first time that elections have been held without imposing a curfew, without the prime minister participating in a candidate.”
Al-Kazemi explained, “We did not participate in the elections, to give them integrity, credibility and confidence, and to distance them from any possible political pressure,” noting that “it constitutes the core and spirit of the democratic process, and the Iraqi people have proven, by their interaction with the electoral wedding, that they are a people keen on their future, and refuse to go back, to A time of dictatorship and one opinion, and seeks to build a bright future for future generations.
butterfly He continued, “We, as a people, political forces and government, should join hands and cooperate, and translate the elections and their results in a practical way, away from promises and slogans, but rather by working hard to correct mistakes by learning from our experiences and planning for a future worthy of a people that has its mark in human history, and to adhere to our values and morals, and we must adhere to the logic of The state and its sovereignty, and we cooperate in enhancing its presence, as there is no alternative to the logic of a sovereign state that secures the interests of its people.”
He pointed out that “the confidence of the international community and various countries in Iraq was boosted by the elections that were conducted with the highest levels of integrity and transparency, far from any government interference or pressure.”
Al-Kazemi congratulated “the winners and prayed for them to be ready to carry out their tasks with full energies, and for their work to be characterized by seriousness and good faith, and I also congratulate all participants in the electoral process.”
He also stressed that “these elections have no losers and everyone is a winner, because the competition in them was for the service of Iraq.”
Al-Kazemi also said, “We must reconcile with ourselves, and with society, and open a new page in our political and social life,” calling on “those who have a challenge to submit it, and follow the approved legal contexts and frameworks, and we demand the Commission and the judiciary to achieve the rights of everyone and equally, and that each entity or Personal has the right to file appeals, and the Commission must follow up on the appeals in all seriousness, and we warn against any attempt to deviate from the legal contexts in dealing with the election results.
butterfly He also called “all the winning blocs to work together and cooperate in a high patriotic spirit to form the next government,” stressing, “We will then continue with our tasks and provide services to our honorable people, with full strength and energies.”
He concluded his speech by saying that “the challenges ahead are many, foremost of which is the economic challenge. We have started work and look forward to completing these efforts by the next government. With cooperation, solidarity and hard work, we can overcome all challenges.” nasnews.com
butterfly The rise in the exchange rates of the dollar in Baghdad and the Kurdistan Region
2021-10-14 08:41 The rise in the exchange rates of the dollar in Baghdad and the Kurdistan RegionShafaq News/ The exchange rates of the US dollar rose against the Iraqi dinar, on Thursday, on the main stock exchange in the capital, Baghdad, and in the Kurdistan Region.
Shafaq News Agency’s reporter said that the Al-Kifah and Al-Harithiya Central Stock Exchange in Baghdad registered this morning 148,300 Iraqi dinars, compared to 100 US dollars.
While the prices on the Baghdad Stock Exchange yesterday, Wednesday, 148000 Iraqi dinars, compared to 100 US dollars.
Our correspondent indicated that the buying and selling prices increased in the banking shops in the local markets in Baghdad, where the selling price amounted to 148,750 Iraqi dinars per 100 US dollars, while the purchase prices amounted to 147,750 Iraqi dinars per 100 US dollars.
In Erbil, the capital of the Kurdistan Region, the price of the dollar also increased, as the selling price reached 148,500 dinars per 100 US dollars, and the purchase price was 148000 dinars per 100 US dollars. shafaq.com
butterfly Al-Kazemi’s advisor: The new Central Bank’s instructions regarding the sale of the dollar came to combat money laundering
2021-10-14 08:37 Al-Kazemis advisor - The new Central Banks instructions regarding the sale of the dollar came to combat money launderingShafaq News/ The Financial Adviser to the Prime Minister, Mazhar Muhammad Salih, confirmed on Thursday that the new instructions of the Central Bank regarding the sale of foreign currency come within the framework of combating money laundering.
Saleh said in an interview with Shafak News Agency; “The new instructions of the Central Bank regarding the sale of foreign currency come within the framework of combating money laundering, by increasing the procedures for checking and disposing of foreign currency,” noting that “there is a lot of talk being said about the currency auction and the money that comes out of it.”
Saleh added that “the Central Bank is keen on the foreign currency to go to the beneficiary that benefits the Iraqi economy through high governance and transparency, which is a global international context, not just Iraqi,” noting that “not to fear these instructions as long as the transactions are sound and clean.”
And he indicated that “the existing foreign currency in terms of reserves is high and large, and there is no problem in meeting the demand through the auction,” noting that “these procedures in checking the currency’s disposal is a measure to address illegal operations and is part of national security.”
Saleh stressed that “there is no fear of the Central Bank’s measures as long as this currency is going in the right way,” noting that “the prior fear of that is unnecessary as long as the transactions presented for the purpose of buying the currency are clean.”
butterfly A number of exchange offices expressed their fear of a rise in the dollar exchange rate after the new strict instructions of the Central Bank to sell foreign currency through its daily auction, which will be implemented on the 17th of October.
It is noteworthy that the Central Bank issued on September 26, new instructions for the sale and purchase of foreign currency for authorized banks and mediation companies, which will be applied as of October 17, indicating that the goal behind this is to maintain the stability of currency exchange rates and adhere to the requirements of the Anti-Money Laundering and Terrorist Financing Law. shafaq.com
butterfly Al-Maliki’s coalition reveals the formation of a coalition of more than 85 deputies
2021-10-14 08:33 Al-Malikis coalition reveals the formation of a coalition of more than 85 deputiesShafaq News/ The State of Law coalition led by Nuri al-Maliki revealed, on Thursday, the formation of a coalition that includes more than (85) deputies.
The leader in the coalition, Alia Nassif, told Shafaq News, that the new coalition consists of the Al-Fateh coalition, the State of Law coalition and other blocs, which brings them back to the scene of negotiations to form the new Iraqi government.
Nassif indicated that “the formation of the new Iraqi government will be through a political agreement, as happened in previous governments. It is not possible to form a government without the presence of this agreement, and this agreement will be the master of the situation during the next few stage.”
These blocs are crowding out the Sadrist bloc, which came first, according to the preliminary results, with more than seventy seats.
Shiite factions and forces within the “Al-Fatah” coalition rejected the election results. It says that proceeding with it would endanger civil peace in the country, which raises fears of a Shiite-Shiite conflict, in an attempt to block Al-Sadr’s path to form the next government. shafaq.com\\
Doug_W but then I can think of another leader that needs to GO
butterfly Doug_W he is a leftover from Saddam and he, along with others, love love love the control over the people.
Doug_W yes
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