Zig’s Place Chatroom News Monday 9-27-21

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

Butterfly   Oil prices are close to $80

https://ninanews.com/Website/News/Details?key=929401

Monday 27 September 2021 09:15 The price of oil rose at the beginning of the week's trading, due to signs that the crude market is narrowing due to the global energy crisis.

US West Texas Intermediate crude exceeded $75 a barrel today, Monday, after a series of gains for the fifth consecutive week, while Brent crude recorded its highest level since October 2018 at $79.

US inventories are near their lowest level in three years, and at the same time, it appears that higher natural gas prices will drive demand for oil as users replace the fuel.

butterfly   https://ninanews.com/Website/News/Details?key=929409

Economist: The 2022 budget will be similar to previous budgets

Monday 27 September 2021 10:01 The specialist in managing economic crises, Ali Jabbar Al-Fariji, ruled out the difference of the 2022 budget from the previous budgets, indicating that it would be very similar to the budgets of previous years, calling on the government to develop new and studied economic plans for the next budget.

Al-Fraiji said in a statement to the National Iraqi News Agency / NINA /: "The 2022 budget will take the same character as the previous budgets, due to the continuation of the same philosophy in placing budget settings and negative numbers in the exchange doors."

He pointed out: "There is a significant and dangerous increase in the operating budget from 33 billion dollars in 2004 to 86 billion dollars in the 2021 budget, meaning the presence of high negative spending in the budget. As well as the increase in the size of the deficit from 12 to 34 billion, and the volume of loans from 28,139 One billion dollars, meaning that there is a negative spending process in the budget.”

UNEEK   Doug_W butterfly gooooood morning early birds - it's a beautiful day  :GoodMorn:

butterfly   UNEEK GM busy day for me today.

UNEEK   butterfly same here - but every day

butterfly   https://www.iraq-businessnews.com/2021/09/27/jordanian-firms-win-40m-construction-deals-in-baghdad/ Jordanian Firms Win $40m Construction Deals in Baghdad

butterfly   Two construction projects in Baghdad, with a combined value of more than $40 million, have been granted to Jordanian companies.

The news was revealed during a visit to Iraq by the Jordanian Minister of Public Works and Housing, Yahya Al-Kasabi, during which he met with the Mayor of Baghdad.

The Mayor also praised the contribution of Jordanian consulting companies to projects in the capital.

(Source: Jordanian Ministry of Public Works and Housing)

butterfly   https://www.shafaq.com/en/Economy/CBI-sales-in-the-currency-auction-drop-on-Monday CBI sales in the currency auction drop on Monday 2021-09-27 05:39

Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $209 million in foreign currency today, Monday.

Shafaq News Agency correspondent said that the CBI sales of foreign currency in today’s auction amounted to $209,169,064, down by 2.79%, compared to yesterday's $215,131,855.

Our correspondent explained that 18 banks and 23 exchange companies cashed $58.77 million, while the $150,426,064 went to boost funds abroad in the form of credit and non-cash transactions, with 35 banks meeting those demands.

butterfly   https://www.iraq-businessnews.com/2021/09/27/suppliers-chosen-for-unops-contracts-in-iraq/ Suppliers chosen for UNOPS Contracts in Iraq ,,,,,,,,,,,,,,,,,,, wo companies have won contracts with the United Nations Office for Project Services (UNOPS) in Iraq:

Wood Group UK Ltd: Web-based mapping applications development; Contract value $61,000

FieldWireLabs, Inc.: Construction Management Software Application; Contract value $14,700

(Source: UNGM)

butterfly   https://ninanews.com/Website/News/Details?key=929461

The United States supports the single window system via the Internet in Iraq by about one million dollars

Monday 27 September 2021 13:38 The United States of America announced, on Monday, its support for the single window system via the Internet in Iraq by about one million dollars.

And the US embassy in Baghdad said in a statement, "Ambassador (Toller) joined Iraqi officials in launching the single window system over the Internet in Iraq to register companies," noting: "The United States provided an amount of (975) thousand dollars to support the single window system via the Internet. The Internet, which is an e-government tool developed with the United Nations Conference on Trade and Development to allow the registration of entire businesses online in one simple step.

The embassy added, "The online single window system will help attract investment in Iraq by reducing delays in business registration, increasing transparency and reducing corruption."

Toller pointed out that "the launch of the single window system over the Internet in Iraq is an important step towards strengthening trade relations between Iraq and the United States."

UNEEK   He is wise who will keep an open mind until he has fairly tested the various proofs available to him - Unknown

Reprove not a scorner, lest he hate thee; rebuke a wise man and he will love thee. - Bible

To escape criticism - do nothing, say nothing, be nothing. - Elbert Hubbard

In judging others, folks will work overtime for no pay. - Charles Edwin Carruthers

He has a right to criticize, who has a heart to help. - Abraham Lincoln

One man's word is no man's word; we should quietly hear both sides. – Goethe

We should not judge people by their peak of excellence; but by the distance they have traveled from the point where they started. Henry Ward Beecher

We judge ourselves by what we feel capable of doing, while others judge us by what we have already done. - Henry Wadsworth Longfellow

Give every man thine ear, but few thy voice; Take each man's censure, but reserve thy judgment. - William Shakespeare

Butterfly   The United States announced that it will conduct a second round of strategic negotiations with Russia next Thursday, to resolve outstanding differences that include nuclear weapons, cyberspace, and artificial intelligence.

And the US State Department said in a statement that: Wendy Sherman, Assistant Secretary of State and the second-ranking diplomat in President Joe Biden's administration, will lead a US delegation to talks with Russia in Geneva next Thursday.

"The two sides intend to conduct a serious and careful dialogue that seeks to lay a working basis for arms control and risk reduction measures in the future," she added.

Sherman is scheduled to head a delegation from various agencies for the meeting that follows a meeting held last July in which there was little progress.

The meeting took place after Russian President Vladimir Putin and US President Joe Biden agreed to resume talks.

A senior US State Department official who participated in the first talks said: The United States was pleased with the initial exchange, and hopes that it will be the start of a sustainable and constructive dialogue on arms control and other strategic issues.

He added that: The agenda is not only limited to the control of nuclear weapons, but also extends to the use of space and artificial intelligence, as well as cyber affairs, despite the focus on strategic and nuclear issues more than on ransomware or hacking. https://ninanews.com/Website/News/Details?key=929556

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