Zig’s Place Chatroom News Monday PM 8-30-21

Zig’s Place Chatroom News Monday PM 8-30-21

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

Butterfly   Hurricane Ida raises global oil prices   Monday 30 August 2021 11:12 .... Oil prices rose today, Monday, exceeding their highest levels in more than three weeks, as a strong hurricane swept the Gulf of Mexico, closing and evacuating hundreds of offshore oil platforms.

Brent crude rose 27 cents, or 0.4 percent, to $72.80 a barrel, and rose more than 11% last week in anticipation of the disruption to oil production.  US oil turned negative and fell 6 cents to $68.52 a barrel, after jumping just over 10% over the past week.   https://ninanews.com/Website/News/Details?key=924480 ............

Hello, World!

butterfly   https://ninanews.com/Website/News/Details?key=924476 ......

Gasoline futures prices are rising and gas contracts are at their highest level since 2018 with production disruptions   Monday 30 August 2021 11:30 ...

butterfly   https://ninanews.com/Website/News/Details?key=924510 ......

Hoshyar Zebari to / NINA /: All blocs have prepared for the elections, but none of them will win the majority of votes.

Monday 30 August 2021 12:00 ................. Former Foreign Minister Hoshyar Zebari confirmed in a statement to the National Iraqi News Agency ( NINA ): "The opposition and supportive political blocs have prepared for the elections next October, but none of them will win the majority of votes."

butterfly   Well the elections should be interesting. I wonder if they will postpone them as they did the parliament yesterday because they lacked a quorum.

butterfly   https://ninanews.com/Website/News/Details?Key=924544 ....

Antiquities and Heritage of Najaf receives more than 200 archaeological finds dating back to different eras

Monday 30 August 2021 14:36   Hashem added, “These pieces date back to different historical periods, including the Babylonian and the Sassanian.”

butterfly   I remember when all of this happened. I am glad they are getting a lot of them back.

butterfly   https://www.shafaq.com/en/Economy/Iraqi-MoF-stresses-its-support-for-the-pension-fund-in-the-2022-budget-bill ....... Iraqi MoF stresses its support for the pension fund in the 2022 budget bill......... The Ministry of Finance confirmed its support of the pension fund in the country's budget for the year 2022.

Today, Minister of Finance Ali Abdul-Amir Allawi chaired the meeting of the twentieth session of the Committee for the Preparation of the Federal General Budget Strategy for the medium term 2022-2024.

A statement issued by the ministry said that the meeting discussed basic topics, including public debt.

The meeting also completed the study of the mechanism for applying the proposed budget model, and discussed ways to prepare and implement the federal budget for the next year, in line with the reform plan adopted by the Iraqi government, which aims to conclude a budget that depends on performance and productive programs, according to the statement.

In addition, the meeting discussed the allocations of the General Pension Agency within the next year's budget, while the attendees stressed their support for the pension fund.

For his part, Allawi emphasized the importance of preparing and implementing the budget bill, following the prepared strategic plans that support the reform plans, giving priority to strategic projects implemented through development loans.

butterfly   https://www.shafaq.com/en/Iraq-News/Al-Abadi-we-are-on-the-verge-of-major-collapses ....... Al-Abadi: we are on the verge of major collapses ..... Regarding the upcoming elections, Al-Abadi indicated, "I was the first to call for early elections. Clashing with protestors back in October was a dangerous matter that resulted in hundreds of martyrs."

butterfly   More than 1M in Louisana without electricity. The destruction is mind blowing. Ida is still active.

butterfly   Never to wrestle with a pig. You get dirty, and besides, the pig likes it.............George Carlin

Sheila   Very interesting Video about Disaster Capitalism: How Globalist Billionaires and Technocrats are Taking Over the Planet, and How We can Stop It -- https://www.bitchute.com/video/HROcFovg5ZWm/

butterfly   https://burathanews.com/arabic/news/398892 ....................... A legal expert clarifies the constitutionality of restoring confidence to the three presidencies

butterfly   https://burathanews.com/arabic/news/398890 .......... Criticism of a particular party's dominance of the regional parliament    2021-08-30 ....In a statement to Al-Maalouma, Abdullah said, "Citizens are in dire need at the present time for Parliament to meet and support them, against the arbitrary measures taken by the government, including the significant rise in prices for all materials, as well as taxes."

He added, "Parliament has become at the time supportive of the government, thanks to the Democratic Party's control over decisions, domination, and violation of the laws it exercises, and the arbitrary measures that are practiced against any member who tries to stand with the people."

The regional parliament is scheduled to meet again in the coming days, after a holiday that lasted for more than two weeks

butterfly   https://almawrid.news/contents/view/details?id=37476 ................. Al-Sadr's return to the electoral race frustrates Maliki's third term ...................

Against the background of the recent rapprochement between al-Maliki and Barzani, after a rupture and exchange of accusations over the past years, questions arose between the political and media circles.

Did the Kurds forget the false promises of al-Maliki? Or did he turn a new page by making concessions in exchange for guaranteeing his entry to the government palace, after spending eight years in it that witnessed pivotal events that overthrew his quest for a third term?

butterfly    There is more in the articles that I am posting with the URL.

butterfly   https://ninanews.com/Website/News/Details?key=924584 .......

Reconstruction of the Central Bank of Iraq building in Old Mosul

Monday 30 August 2021 17:42 ........ The mayor of Mosul, Zuhair Al-Araji, announced today, Monday, the start of the reconstruction of the Central Bank of Iraq building in the old Mosul.

Al-Araji told the National Iraqi News Agency ( NINA ) that "the engineering cadres in the Mosul municipality finished removing the rubble from the Iraqi Central Bank building, which was subjected to aerial bombardment during the operation to liberate Mosul from the grip of ISIS."

He added that "the sums for the reconstruction of the bank were allocated and disbursed from the sums of the reconstruction of the second phase of the reconstruction of Mosul, with a working period of about (15) months."

Dave   Started?

butterfly   Dave lol and 15 months it will take

Dave   heard they already spent billions already doing so....LOL

butterfly   https://ninanews.com/Website/News/Details?key=924603 .......

The Egyptian ambassador reveals to Nina about Egyptian projects that will provide a thousand new job opportunities in Iraq

Monday 30 August 2021 19:28 ........According to Ismail, told the National Iraqi News Agency / Nina /, that "Egypt has an important investment projects in the Iraqi provinces package", referring to work to simplify the Iraqi granting of visa procedures for Egyptians and facilitate the entry of common tourist groups. "

He added that" the problem in Iraq, he An economically strong country, but it needs to diversify sources of income and develop the economy because relying on oil alone is not enough,” indicating that “Egypt has economic capabilities that it seeks to crystallize and transfer to establish factories in Iraq that will provide a thousand job opportunities for each factory.

” He explained that “Iraq wants to be a country.” Attracting investment, and it is a matter in the hands of the Iraqis themselves."

butterfly   wait hold the bus, I just got a call and I can go to the bank.....talk later folks. Yehaw!!!!!!

Sheila   Correction: Tuesday is August 31, 2021... expecting notifications Tuesday into Wednesday... hopium abounds

NORV   There is no RV. Your wasting your time sitting here. If the dinar ever goes up it will be gradually via a float based on the success of the economy. It could take months/years to appreciate to something of value.

NORV   :Float: :Float: :Float:

NORV   The dinar is NOT a lotto ticket. There is no overnight riches

Dave   News Flash....This an op ed remark..... not as Stated by CBI

NORV   Dave No Dave its not. well over 42+ trillion dinar in circulation and the countries net worth including all minerals/oil in the ground is only 16 trillion. Those are FACTS. There is no way Iraq can significantly RV the dinar. The math does not work.

butterfly   Iraqi Dinar/US Dollar auction results for Tuesday 8-31-2021 executed today 8-30-2021

25k Iraqi Dinar notes The results of the foreign currency sale window for Tuesday, August 31, 2021, and executed today     Announcement No. (4476)   Sale date – Tuesday 08/31/2021 and executed today

the details    the amount   Total sale for the purposes of strengthening balances abroad (remittances, credits)  181,138,661    Total cash sale   58,920,000   Total total sales   240,058,661

Note that: The selling price of the amounts transferred to bank accounts abroad is ( 1460 ) dinars per dollar. The cash sale price is ( 1460 ) dinars per dollar.    cbi.iq/currency_auction/view/1092

 

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