Zig’s Place Chatroom News Saturday 6-26-21

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

Butterfly   The stability of the dollar exchange rates in the local markets

Saturday 26 June 2021 11:39......The exchange rates of the dollar against the Iraqi dinar, today, Saturday, witnessed stability in the local markets.  And the selling prices of the dollar in banking shops were 147,500 dinars per 100 dollars, while the purchase prices were 146.500 dinars per 100 dollars.

butterfly  Report: Iraqi oil exports to the United States decreased

The US Energy Information Administration announced, on Saturday, that Iraqi oil exports to America decreased to 155,000 barrels during the past week.

The administration stated in a report, that "the average US imports of crude oil during the past week from nine countries amounted to 6 million and 79 thousand barrels per day, an increase of 187 thousand barrels per day from the previous week, which amounted to 5.892 million barrels."

The report added, "America imported crude oil from Iraq at a rate of 155,000 barrels per day, while it imported 305,000 barrels per day in the previous week." And he continued, "Most of America's oil revenues during the past week came from Canada, at a rate of 3.

The report indicated that "the amount of US imports of crude oil from Colombia amounted to an average of 340,000 barrels per day, followed by Nigeria, which imports amounted to 183,000 barrels per day, followed by Russia at a rate of 159 thousand barrels per day, followed by Ecuador at a rate of 29 thousand barrels per day.

butterfly  Doug_W how far are you from Surfside where that building collapsed?

butterfly  Masoud Barzani discusses with the Australian Ambassador ways to achieve political stability in Iraq

Saturday 26 June 2021 14:19.................The head of the Kurdistan Democratic Party, Massoud Barzani, discussed with the Australian Ambassador to Iraq, Paula Ganley, ways to achieve political stability in Iraq.

Barzani's office said in a statement that the National Iraqi News Agency / NINA / received a copy of it: "The meeting discussed the political situation in Iraq and the region, the threats and challenges facing the political process and ways to achieve political stability in Iraq."

Barzani expressed his thanks to the Australian people and government for their assistance to Iraq in overcoming difficulties, as well as the war against terrorism within the framework of the international coalition.

The upcoming elections were another focus of the meeting, as the two sides expressed their hope that these elections would achieve stability and prosperity in Iraq.

butterfly   2021-06-26 06:30   Shafaq News/ The Iraq Stock Exchange (ISX) traded more than 15 billion equities valued at more than 14 billion dinars on Saturday.

A report of the market obtained by Shafaq News agency said, “This week, 15,280,376,000 equities were traded a value of 14,107 million dinars, via 2726 transactions," the report said, "ISX60 index closed at 567.76, 1.38% above last session's closure."

It is noteworthy that Iraq Stock Exchange installed Central Depository and Electronic Trading Systems in 2009. It organizes five weekly sessions and lists 103 public companies from different economic sectors.

butterfly   2021-06-26 04:46 Shafaq News/ A team affiliated with the Ministry of Electricity was targeted by an explosive device while on duty today, Saturday.

A statement of the Ministry said that a team of technicians and engineers was on a mission for re-installing detonated transmission towers on the Martyr Abdallah al-Qadimah line, north to Samarra-Dor (132KV) in Kirkuk, when they were hit by a blast from an explosive device near the villages of Zaqarta and al-Awadiyah in al-Rashad sub-district.

The Ministry said that the explosion damaged the vehicles and the crane deployed in erecting the towers, indicating that another bomb was found in the site exploded.

butterfly   A slight increase in the exchange rates of the dollar in Baghdad

2021-06-26 00:25   A slight increase in the exchange rates of the dollar in BaghdadShafaq News/ The exchange rates of the dollar rose, on Saturday, in the main stock exchange in Baghdad, with the closure of the stock exchange in Kurdistan Region.

Shafak News Agency correspondent said that the Central Kifah and Al-Harithiya Stock Exchange in Baghdad recorded 147,375 Iraqi dinars, compared to 100 US dollars.

Last Thursday, the Kifah Stock Exchange recorded 147,300 Iraqi dinars.

Our correspondent indicated that the buying and selling prices rose in the banking shops in the local markets in Baghdad, where the selling price amounted to 148000 Iraqi dinars, while the purchase prices amounted to 147000 dinars per 100 US dollars.  In Erbil, the capital of the Kurdistan Region, the dollar did not circulate there, due to an official holiday.    shafaq.com

Butterfly  Alarm in Washington.. The American ambassador in Baghdad receives a message: Go to Al-Kazemi

2021-06-26 00:36   Alarm in Washington.. The American ambassador in Baghdad receives a message - Go to Al-KazemiShafaq News/ Iraq bought two shipments of white rice from Uruguay to supplement the ration card basket, while negotiations are underway with Argentine exporters for the same purpose, which caused the United States of America to object and put pressure on Iraqi officials to abide by the previously concluded agreement between the two parties.

The London-based Standard & Poor’s Global Platts agency, which deals with benchmark prices and analyzes of energy and commodity markets, stated that “the Iraqi Ministry of Trade has directly supplied rice for its distribution plan through a special memorandum of understanding concluded with the United States. However, the Iraqi government contracted With a private company to buy rice on behalf of the government through direct negotiations.”

The London agency added, “The private company called (Al Owais) has purchased 60,000 metric tons of Uruguayan rice in recent days, and Argentine exporters are also in discussions with the company.”

And she pointed out that “the first shipment from Uruguay, with a tonnage of 30,000 metric tons of white rice, was sold at about $560 per ton on board.”   American mobilization

butterfly   The agency concerned in this regard pointed out that “the US rice industry, in response to these developments, pressed lawmakers in Washington to meet with Iraqi officials to discuss the issue, fearing that the new system would bypass the memorandum of understanding.”

And she indicated that “the US ambassador to Iraq, Matthew Tueller, received a letter signed by 12 members of Congress earlier this month, in which they said (the future of our rice exports to Iraq is threatened), because subcontracting to purchase rice to another entity will invalidate the memorandum of understanding. The US-Iraqi rice was in place for five years and led to the sale of more than 350,000 metric tons ($180 million) of American rice.”

According to the London agency, “a similar letter signed by seven members of the US Senate, including Senator John Bozeman, a member of the Committee on Agriculture, Nutrition and Forestry, appealed to Senators (Toller) to meet with the Iraqi Prime Minister to address this development.”

The letter adds that “in the absence of a transparent bidding system…we will surely lose this top export market.”

She noted that (Rice), a US industry lobby, told (Platts) via email that “the process of transferring purchasing authority from the Iraqi Grain Board to the Food Division was done quietly, without consultations with the US rice industry or the US government.”

And concluded by saying, “It gives high priority to the renewal of the Memorandum of Understanding between the United States and the Iraqi government, which is scheduled to expire in December of this year.”

butterfly  Iraqi confirmation

On Saturday, the Iraqi Ministry of Transport (the General Company for Land Transport) announced the transfer of (31,500) thousand tons of imported Uruguayan rice to the Ministry of Trade, as part of the contract concluded with them to secure the items of the ration card.

The company’s general manager, Mortada Al-Shahmani, said, in a statement received by Shafaq News Agency, that “after completing the procedures for docking the ship and the laboratory examination of the rice material, the road transport drivers went to Basra Governorate, to transport the rice material, in order to implement the directives of the Minister of Transport, Nasser Hussein Al-Shibli, in support of securing food requirements. essential for the citizen in record time.    shafaq.com

Butterfly   Sairoon reveals “important” laws that will be transferred to the next parliamentary session

2021-06-26 03:43   Sairoon reveals important laws that will be transferred to the next parliamentary sessionShafaq News/ The representative of the Saeroon bloc, Riyadh Al-Masoudi, identified, on Saturday, the important laws that will be carried over to the next parliamentary session, pointing out that the laws need to be studied and reformulated for approval.

Al-Masoudi told Shafaq News Agency, “There are many important laws on the parliament table that need to be voted on, but they will be carried over to the next parliamentary session.”

And he indicated that “the laws that will be removed are the civil service, information crimes, oil and gas, in addition to other laws because they contain many problems and political and technical differences.”

Al-Masoudi continued, “The laws that will be removed need political consensus and a real study to be reformulated for approval,” noting that “the time remaining in Parliament is not enough to discuss and vote on controversial laws.”   shafaq.com\

butterfly  Al-Kazemi holds the corruption of the Maliki era responsible for Iraq’s disasters

6-26-2021   Al-Kazemi holds the corruption of the Maliki era responsible for Iraqs disastersBaghdad – Iraqi Prime Minister Mustafa Al-Kazemi on Thursday blamed the corruption that prevailed during the governments led by former Prime Minister Nuri al-Maliki for the disasters that Iraq experienced, pledging to move forward in the fight against corruption even if it cost him to topple his government.

Al-Kadhimi said, “The fall of Mosul (in the hands of ISIS in the summer of 2014) was caused by corruption, nepotism and mismanagement as well, and many issues, even in the issue of electricity and other sectors, we find that the reason is corruption.”

He stressed in an interview with the state-owned Al-Iraqiya channel, and his media office published its content, that “fighting corruption is a major challenge in Iraq.”

Last August, Al-Kazemi formed a special committee to investigate major corruption files, and assigned the tasks of executing arrest orders to a special force in the prime minister’s office.

The assets and properties of 9 officials, including Al-Maliki’s son-in-law, were also frozen and the property of 9 officials was frozen due to the failure to pay debts owed to the state, in a move that observers considered the beginning of a wide battle with corruption, but after that, the steps to confront the corrupt remained slow due to the influence of the militias loyal to Iran.

Al-Maliki responded that he considered the anti-corruption committee formed by Al-Kazemi “contrary to the constitution.” He said he should “support institutions concerned with fighting corruption” instead of announcing a new commission.

butterfly  The fight against corruption was at the top of the demands of massive protests in Iraq for a whole year, starting in October 2019, when the government of former Prime Minister Adel Abdul-Mahdi, in partnership with Iraqi militias affiliated with Iran, was involved in killing hundreds of demonstrators and wounding thousands of others in order to protect the corrupt religious party system in the country.

Iraq is among the most corrupt countries in the world, according to the Transparency International index over the past years.

On the 23rd of last May, Iraqi President Barham Salih said in a televised speech that $150 billion had been smuggled abroad from corruption deals since 2003.

Al-Kazemi vowed to continue the fight against corruption, saying, “Even if the government is threatened, we will not stop anti-corruption measures, and we are ready to sacrifice everything.”

Since its formation, Al-Kazemi’s government has made extensive administrative changes in state institutions, including the security services and the army, in an effort to remove incompetent officials or those suspected of involvement in corruption.

During the formation of his government, Al-Kazemi pledged to fight widespread corruption in the joints of the state, which made him subject to a fierce campaign by influential parties and blocs backed by Iran.

Corruption was a major reason for the failure of successive Iraqi governments to improve basic public services such as education, electricity, drinking water, the health sector, and others.

Iraq is facing a large spread of corruption, as the Parliamentary Integrity Committee confirmed last January that the volume of smuggled funds outside Iraq is estimated at 350 trillion dinars (239.7 billion dollars), a number that has exceeded the country’s budget for more than two years, stressing the existence of political pressures to obstruct the fight against corruption.

butterfly   Committee member Taha Al-Dafia said that “the money that has been smuggled outside Iraq during the past years has reached 350 trillion dinars, all through fake receipts.”

He added that a lot of commissions were paid to some officials for the purpose of facilitating smuggling operations.

Earlier last year, the former member of the Parliament’s Finance Committee, Rahim Al-Daraji, estimated the value of the looted funds in Iraq at about 450 billion dollars.

Al-Kazemi’s plans do not stop at fighting corruption, although it is a difficult task for a government without a clear political belt.

Al-Kazemi is betting on the elections scheduled for next October in order to ascend a supportive bloc of deputies not linked to sectarian agendas.

“We do not want to compliment any party, and we decided to contain everyone and extinguish the fires to provide a security environment for the upcoming elections, because elections are the demand of the people, the reference, popular forces and parties,” the Iraqi prime minister said in his interview on Thursday.

He added, “We must fulfill the demands of the demonstrators and hold elections because the October 2019 demonstrations provided 600 martyrs and thousands of wounded, the condition of a number of them seriously. We chose to fulfill the demands of the demonstrators, the reference and the political forces, and focus on the parliamentary elections.”

He reiterated his commitment not to run in the elections as a candidate, explaining, “It is a decision taken from the first moment to take office and I do not have any party, and I support all parties equally and do not differentiate between one party and another.”   rawabetcenter.com

Dave   butterfly Have they changed the Voting process from Quota system to the St Lego system......?

Dave  .....hate to have to wait months before they agree to a new PM

Dave  really hope they dont utilize Dominion voting machines......Maliki would say elections were rigged

butterfly   Dave from what I have noticed over the years, they use your finger print.....purple ink and then your vote is put in a container for them to count.

Dave   butterfly thanx.....heard that the purple ink is really hard to remove too

Dave   .......sounds l;ike a good idea.....lol

butterfly   We get stickers stating we voted, all they need to do is show their purple finger.

Dave  butterfly We get stickers when we get vaxed......

butterfly   Dave LOL

Sheila   DISCERNMENT ADVISED: Nicks Update #1, Saturday, June 26, 2021 -- https://nicksintel.wordpress.com/2021/06/26/06-26-2021-just-a-note-from-nick/ -- and -- Nicks Update #2, Saturday, June 26, 2021 -- https://nicksintel.wordpress.com/2021/06/26/06-26-2021-update/

Sheila   Rumtel, and more rumtel... lolol -- We can only hope and pray.

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