Zig’s Place Chatroom News Saturday AM 11-6-21

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Butterfly   This is what I have been saying since the 60's........................

OPEC determines Iraq's share of daily oil production

Saturday 06 November 2021 .................. The Organization of the Petroleum Exporting Countries (OPEC) announced, on Saturday, that the share of Iraq's oil production was set at 4.237 million barrels per day during the month of December, after the OPEC + agreement to increase 400 thousand barrels per day.

The organization indicated that "the production quota for Iraq for the month of December was set at 4.237 million barrels per day, an increase of 44,000 barrels per day over the quota for the month of November of 4.193 million barrels per day, and an increase of 88 thousand barrels per day over last October."

And she added, "The production of both Saudi Arabia and Russia was set at 10.018 million barrels per day, during the month of December, an increase of about 105 thousand barrels per day from the current month of November, and the UAE's production share increased by 30 thousand barrels per day, to reach 2.885 million barrels." daily for the next month.

She pointed out that "OPEC's share of the planned increase of 400,000 barrels per day in December will amount to 253,000 barrels to reach 24,300 million barrels per day, while the share of the increase in allied with OPEC will reach 147,000 barrels to reach 15,794 million barrels per day."

And OPEC + agreed, during its meeting last Thursday, to increase its oil production by 400,000 barrels per day, according to the previously agreed schedule. https://ninanews.com/Website/News/Details?key=937431

Sheila   Wonder how much of this will come to be true? -- Listen to the Podbean and follow along with the transcript from these two links: https://nicksintel.wordpress.com/2021/11/05/11-05-2021-telegram-live-call-notes/ -- and -- https://www.podbean.com/media/share/pb-zkhy3-1123b21

butterfly   Relative stability of the dollar exchange rates in the local markets

Saturday 06 November 2021 The dollar exchange rates witnessed, on Saturday, relative stability in the main stock exchange and local markets in the capital, Baghdad.

Today, the dollar exchange rate on the Central Kifah Stock Exchange in Baghdad was 148,100 dinars, compared to 100 dollars.

And the prices of buying and selling dollars have stabilized in exchange companies and local markets in Baghdad, as the selling price amounted to 148,500 dinars, while the purchase prices amounted to 147,500 dinars, compared to 100 dollars. https://ninanews.com/Website/News/Details?key=937422

Sheila   House Passes 1T Infrastructure Bill -- https://www.youtube.com/watch?v=wjuhRM_UUbQ

butterfly  Iraq Ratifies Paris Agreement on Climate Change 6th November 2021 Iraq has officially ratified the Paris Agreement on Climate Change.

The Agreement will enter into force for Iraq on 1st December 2021.

The Paris Agreement is an international treaty on climate change, adopted in 2015. It aims to keep the rise in mean global temperature to well below 2 degrees Celcius above pre-industrial levels, and preferably limit the increase to 1.5 degrees Celcius.

The official notification from the UN can be read here.    (Source: UN) https://treaties.un.org/doc/Publication/CN/2021/CN.358.2021-Eng.pdf

butterfly   Iraq elections As Sadr seeks full control, Maliki woos his bruised opponents https://www.shafaq.com/en/Report/Iraq-elections-As-Sadr-seeks-full-control-Maliki-woos-his-bruised-opponents

butterfly   Crowds flood toward the Green Zone to protest the election results 2021-11-06 07:44

Shafaq News/ Demonstrators protesting the election results are marching the streets of the Iraqi capital, Baghdad, heading towards the heavily fortified Green Zone, since noon today, Saturday.

Shafaq News Agency correspondent said that the demonstrators are flooding toward the Green Zone gate through the roads of al-Khallani square, al-Sanak, al-Jumhoriyah.

"No bridges or roads were blocked near the Green Zone. The security forces only shifted the course of traffic," a security source said.

At least a person perished, and 346 were injured in clashes between the demonstrators and the security forces near the entrances of the heavily fortified Green Zone in Baghdad.

Protests against the results of Iraq's recent parliamentary election turned violent on Friday, with hundreds of supporters of pro-Iran political groups clashing with security forces in the capital Baghdad near the heavily fortified Green Zone.

Supporters of the pro-Iranian groups, which suffered large losses in the polls, threw stones at security forces, which in turn fired tear gas and live rounds in the air to disperse the crowds.

The clashes erupted late on Friday when hundreds of demonstrators, divided into several groups, tried to cross Al-Jumhuriya Bridge, which leads to the Green Zone.

A second group tried to cross a suspension bridge leading to the Green Zone from an opposing side but were prevented from doing so by security forces.

Footage broadcast on pro-Iran channels on the messaging app Telegram showed security forces firing tear gas and burning trees near the Green Zone to prevent the angry mob from advancing.

In an attempt to quell the situation, several political leaders, including Ammar al-Hakim, leader of al-Hikma movement; Haider al-Abadi, the former prime minister; Hadi al-Amiri, leader of the Badr Organization; and Qais al-Khazali, leader of Asa'ib Ahl al-Haq - called for calm.

butterfly   he Commander-in-Chief of the Armed Forces, Prime Minister Mustafa al-Kadhimi, on Saturday instructed establishing an advanced headquarters to secure the gathering of the demonstrators protesting the election results in the aftermath of yesterday's violent clashes downtown Baghdad.

A statement by the Joint Operations Command said that the headquarters will be run by a senior officer, in addition to a group of officers representing several security agencies, including al-Hashd al-Shaabi (Popular Mobilization Forces-PMF).

The Joint Operations Command urged the demonstrators to practice their freedom of expression within the framework of the constitution and the security forces to exhibit self-restraint, professionalism, and commitment to human rights. https://www.shafaq.com/en/Iraq-News/Crowds-flood-toward-the-Green-Zone-to-protest-the-election-results

butterfly   Gold Prices Rise To Their Highest Level In Two Months

11/06/2021 | 2:22 PM   Gold rose more than 1%, today, Saturday, to approach its highest level in two months, as the reluctance of major central banks to change interest rates this week increased demand for the metal, which is considered a safe haven.

And gold rose in immediate transactions 1.4% to $ 1816.7 an ounce, recording an increase after falling 0.3%, as a result of data showing that employment in the United States increased more than expected in October.

US gold futures for December delivery also rose at a settlement of 1.3%, recording $1816.80 an ounce.

Among other precious metals, spot silver rose 1.2% to $24.05 an ounce.

Platinum rose 0.7 percent to $1,032.71 an ounce, and palladium rose 1.3 percent to $2,025.32 an ounce. https://almaalomah.me/2021/11/06/562676/

butterfly   New Report: A Quarter Of US Congress Members Invest In Oil

11/06/2021 | 4:39 PM  A report by the US Common Dream website revealed that one out of every four members of the US Congress are investors in oil and fossil fuels, which may represent a major obstacle in the way of US President Joe Biden's agenda regarding mitigating pollution, climate issues and global warming.

The report, translated by the "Information" agency, stated that "Biden presented at the climate summit held in Paris an ambitious plan in which the United States pledged to cut greenhouse gas emissions in half by 2030, but the problem is that he will need members of Congress to pass legislation restricting fossil fuels, which is An industry in which dozens of senators and their families are personally investing.”

He added, "At least 28 families of US Congress members work in the oil, coal and other industries, where each family of the Democratic and Republican parties owns at least 3.7 million dollars in industry and at least 12.6 million dollars in oil-related investments."

He continued, "It is truly ironic that at least six senators who have personally invested in the fossil fuel industry are on the environment or climate committees at the top of the Senate."

Senators have often worked to remove and disrupt any environmental or clean energy provisions from budget settlement legislation to protect their personal investments, which will put Biden's credibility on the line after the climate summit. https://almaalomah.me/2021/11/06/562724/

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