Zig’s Place Chatroom News Sunday AM 1-9-22

Zig’s Place Chatroom News Sunday AM 1-9-22

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

Butterfly   SULAIMANI — The US dollars to the Iraqi dinar exchange rates were stable in the Kurdistan Region’s currency markets on Sunday (January 9).   $100 was at 148,000 Iraqi dinars.

100 British pounds was stable at 199,000 Iraqi dinars, and 100 euros was stable at 167,000 Iraqi dinars.

(NRT Digital Media) https://nrttv.com/En/detail6/2179

butterfly   The War on Terror Has Been Very Successful at Creating New Terrorists .............................. t began more than two decades ago. On September 20, 2001, President George W. Bush declared a “war on terror” and told a joint session of Congress (and the American people) that “the course of this conflict is not known, yet its outcome is certain.”

 If he meant a twenty-year slide to defeat in Afghanistan, a proliferation of militant groups across the Greater Middle East and Africa, and a never-ending, world-spanning war that, at a minimum, has killed about 300 times the number of people murdered in America on 9/11, then give him credit. He was absolutely right.

Days earlier, Congress had authorized Bush “to use all necessary and appropriate force against those nations, organizations, or persons he determine[d] planned, authorized, committed, or aided the terrorist attacks that occurred on September 11, 2001 or harbored such organizations or persons.” By then, it was already evident, as Bush said in his address, that al-Qaeda was responsible for the attacks.

But it was equally clear that he had no intention of conducting a limited campaign. “Our war on terror begins with al-Qaeda, but it does not end there,” he announced. “It will not end until every terrorist group of global reach has been found, stopped, and defeated.”

Congress had already assented to whatever the president saw fit to do. It had voted 420 to 1 in the House and 98 to 0 in the Senate to grant an Authorization for Use of Military Force (AUMF) that would give him (and presidents to come) essentially a free hand to make war around the world. more in article: https://www.jacobinmag.com/2022/01/war-on-terror-terrorism-counterterrorism-biden

butterfly   Shiite and Kurdish parties reveal their candidates for first and second Deputy Speakers of Parliament 2022-01-09 04:55

Shafaq News / A reliable political source revealed that the Shiite parties nominated five candidates for the position of first Deputy Speaker of Parliament.

The source told Shafaq News agency that the Sadrist bloc nominated Hakim al-Zamili and Hasan al-Kaabi, while the Coordination Framework nominated Ahmed al-Asadi and Atwan al-Atwani for the position.

The Kurdistan Democratic Party and the Patriotic Union of Kurdistan chose Shakhwan Abdallah for the position of Second Deputy Speaker of Parliament.

The source noted that the disagreement over a candidate for the position of Parliament Speaker prevented holding the session at its scheduled time today (11 am) https://shafaq.com/en/Iraq-News/Shiite-and-Kurdish-parties-reveal-their-candidates-for-first-and-second-Deputy-Speakers-of-Parliament

butterfly   USD/IQD exchange rates inched up in Baghdad and Erbil 2022-01-09 01:50

Shafaq News/ The U.S. dollar (USD) exchange rates against the Iraqi dinar (IQD) climbed in Baghdad and Erbil today.

Shafaq News Agency correspondent said that the Central al-Kifah and Al-Harithiya exchanges are trading the USD at a rate of 147900 IQD to 100.

Our correspondent said that the buying and selling rates of 100 USD in the local markets of the Iraqi capital stood at 148500 and 147500 IQD, respectively.

In the capital of the Kurdistan Region, the buying and selling rates of 100 USD reached 148050 and 147900 IQD, respectively. https://www.shafaq.com/en/Economy/USD-IQD-exchange-rates-inched-up-in-Baghdad-and-Erbil-9

butterfly   9th January 2022 in Construction & Engineering In Iraq, Investment

The Iraqi government is working to set up a special fund to contribute to the development of Najaf province.

Prime Minister Mustafa al-Kadhimi made the announcement following a visit to Najaf on Thursday.

He also instructed the Ministries of Construction, Housing, Municipalities and Public Works to find solutions to the problems of water, sewerage and roads in the area.

(Source: Office of the Prime Minister)

UNEEK   butterfly :GoodMorn: :Thankyou: for the news

butterfly   UNEEK yw

butterfly   more later

UNEEK   butterfly ok - I am kinda curious if there will be any noticeable impact on things with Dr Shabibi out of the picture   I wish Maliki was out of the picture  - not wishing him dead - but totally without any power and influence in the country

butterfly   At this point UNEEK we all have to wait and see. It is frustrating, but we are pros at it by now.

butterfly   @Dave I posted this for you................ First dose vaccine appointments quadrupled in Quebec after the Canadian province required vaccine passports to buy alcohol and marijuana.

butterfly   A government official expects inflation to rise in Iraq and proposes solutions to “curb” it

2022-01-09 07:42   A government official expects inflation to rise in Iraq and proposes solutions to curb itShafaq News/ On Sunday, a government official expected that inflation in Iraq would rise by two decimal places during the current year 2022.

The official, who preferred not to be identified, said in an interview with Shafaq News Agency, “It is expected that the annual inflation in Iraq will rise to two decimal places during the current year as a result of the steadily rising prices of goods and materials in the local markets, unless the government intervenes to prevent this.”

He added, “Most of the materials sold in the markets are imported, and therefore they are affected by international prices, which are witnessing a continuous rise during the past two years, especially foodstuffs,” noting that “the rise in the value of the US dollar and the depreciation of the Iraqi dinar basically also affected the rise in inflation.”

The official pointed out that “reviving the stalled government factories and factories and supporting the local product would stop the rise in inflation in Iraq,” adding that “the Central Bank of Iraq has the ability to stop the rise in inflation because its monetary policy is able to absorb inflation.”

The Central Bureau of Statistics had announced last December 21 that the annual inflation in Iraq for the month of November had risen to 8.4% compared to the same month last year.   shafaq.com

butterfly   The coordinating framework reveals to Shafak News the details of its “largest bloc” and objects to Al-Darraji’s presidency

2022-01-09 07:27   The coordinating framework reveals to Shafak News the details of its largest bloc and objects to Al-Darrajis presidencyShafaq News/ The deputy of the coordination framework, Ahmed Al-Asadi, revealed this evening, Sunday, that his alliance submitted a request to the oldest parliament speaker, requesting to adopt the framework as the largest parliamentary bloc with 88 seats.

Al-Asadi told Shafaq News Agency, “The coordinating framework submitted a request to the oldest parliament speaker, to adopt the framework as the largest parliamentary bloc with 88 deputies, but approving this matter is one of the prerogatives of the elected Speaker of the House of Representatives.”

And he indicated that “the largest bloc consists of the coordination framework and some independent blocs and representatives,” adding that “the session will continue until the return of the older president, and that the inauguration of Khaled Al-Darraji as president of the session behind Al-Mashhadani is illegal.”

The Iraqi parliament held this afternoon the first inaugural session of the fifth parliamentary session, headed by the oldest representative, Mahmoud Al-Mashhadani, and the presence of 325 deputies, who took the constitutional oath as deputies.

butterfly   During the session, the coordinating framework submitted a request to the head of the age to adopt the framework as the largest parliamentary bloc with 88 deputies, which provoked the Sadrist bloc and caused verbal altercations and stampedes that forced al-Mashhadani to adjourn the session before he was exposed to a health problem, after which he was transferred to the hospital.

The Iraqi Council of Representatives returned and resumed its opening session, headed by Khaled Al-Daraji and attended by 205 deputies, at the invitation of the Secretary-General of the Council, the second reserve elder, to take over the management of the session, according to a statement received by Shafaq News Agency from the Council’s media department.   shafaq.com

Butterfly   Source: Assault on the head of the age, Mahmoud al-Mashhadani, by beatings by the Sadrist bloc after adjourning the session.

2022-01-09  A press source said that the head of the age in the Iraqi parliament, Mahmoud al-Mashhadani, was beaten after adjourning the parliament session today for deliberation, after the coordination framework submitted a request to be the largest bloc, which gathered 88 seats at the expense of the Sadrist bloc, which collected 76 votes.

The source explained that members of the Sadrist bloc beat al-Mashhadani after he adjourned the parliament session, which led to his injury and he was taken to hospital.   burathanews.com

butterfly   Economist warns of unjustified import and exit of hard currency

Saturday 08 January 2022 11:58 The expert in economic affairs, Raad Twij, warned against unjustified import, while stressing the need to use rationalization and reduce excessive consumption, especially in the areas of luxury goods, to reduce monetary demand and the exit of hard currency.

Twig said in a statement to the National Iraqi News Agency / NINA /: “Last December, pressure from the public was observed to obtain hard currency, as the Central Bank of Iraq sold 4 billion and 114 million dollars, at a rate of 196 million dollars per day, while it was at a rate of 167 million dollars. daily in November at a price of 1460 dinars per dollar, and this transfer was in the form of remittances abroad to finance foreign trade.”

"Excessive consumption will increase the monetary demand, which will push the dollar exchange rate to higher ranks without protection or support from the Central Bank of Iraq to protect the exchange rate above the specified rate that he pledged to maintain."

Twig called for limiting unjustified import, to keep the exchange rate fluctuating within the current level. https://ninanews.com/Website/News/Details?key=949347

butterfly   Well now sounds very interesting: "Excessive consumption will increase the monetary demand, which will push the dollar exchange rate to higher ranks without protection or support from the Central Bank of Iraq to protect the exchange rate above the specified rate that he pledged to maintain."

Twig called for limiting unjustified import, to keep the exchange rate fluctuating within the current level.

Zig   Complicated  

butterfly   Zig Yup but read between the lines.

Zig   Let the smarter peeps like @Dave @Bobby and @Kap comment...LOL   and you....lol

butterfly   I found the sentences very interesting.

butterfly  FIRST IRAQI PARLIAMENT SESSION ADJOURNS AFTER INTERIM SPEAKER COLLAPSES PM:05:52:09/01/2022 SULAIMANI — The opening 2022 session of the Iraqi Parliament was adjourned after interim speaker Mahmoud al-Mashhadani collapsed and was taken away by ambulance during a scuffle that broke out between MPs from the Sadrist Movement and the Coordination Framework. https://nrttv.com/En/detail6/2184

Zig    :Oh jeez: lol....What a mess....

butterfly   Now now....that is a government. I'm sure it happens in many others. I remember, I think it was Japan, that they were fighting on the floor bc someone did not like what was being said.

butterfly  SULAIMANI — The US dollars to the Iraqi dinar exchange rates were stable in the Kurdistan Region’s currency markets on Sunday (January 9).

$100 was at 148,000 Iraqi dinars.

100 British pounds was stable at 199,000 Iraqi dinars, and 100 euros was stable at 167,000 Iraqi dinars.

(NRT Digital Media) https://nrttv.com/En/detail6/2179

butterfly  SULAIMANI — Crude oil prices were stable on Sunday (January 9) compared with the previous day.

The price of Brent crude was stable at $81.75 and US WTI crude was stable at $78.90 https://nrttv.com/En/detail6/2178

butterfly  Iraqi Dinar/US Dollar auction results for Monday 1-10-2022 executed today 1-9-2022

25k Iraqi Dinar notesThe results of the foreign currency sale window, Monday 10/1/2022, and implemented today   Announcement No. (4563)   Sale date – Monday 10/1/2022 and executed today  the details  Amount

Total sales for the purposes of strengthening balances abroad (remittances, credits)  144,933,182

Total cash sale  43,110,000     total total sales  188,043,182

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/1190

butterfly   Muhammad Al-Halbousi was elected Speaker of the Iraqi Parliament for a second term

2022-01-09 09:00  Muhammad Al-Halbousi was elected Speaker of the Iraqi Parliament for a second term

shafaq.com

butterfly   In his first statement after leaving the hospital… Al-Mashhadani: I am still the head of the age, the session was adjourned, and the session cannot be resumed without my permission!

2022-01-09  The Speaker of Parliament, Mahmoud al-Mashhadani, spoke about the assault on him by the Sadrist bloc’s deputies

Al-Mashhadani said, “I was subjected to assault and psychological pressure from some deputies, so I left the parliament hall after announcing the request for deliberation to ask the legal advisor about the appeal submitted against the nomination of Mr. Al-Halbousi.”

He added, I went to the hospital near the council hall to conduct tests after feeling exhaustion and fatigue as a result of the assault.   burathanews.com

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