Zig’s Place Chatroom News Tuesday  Afternoon 7-27-21

Zig’s Place Chatroom News Tuesday  Afternoon 7-27-21

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

Butterfly   The Central Bank confirms the immunity of its funds abroad

Tuesday 27 July 2021............The Central Bank of Iraq confirmed the immunity of its funds abroad.

A statement by the bank is less than the legal authorities in the United States of America confirming to the governor of the Central Bank of Iraq that all the reserves and funds of the Central Bank of Iraq are fortified and that no party can seize them, and that it will defend its immunity with the rest of the countries and these reserves cannot be compromised.

He added that: Iraq will complete during the coming period the full payment of the compensation and benefits accruing from it before 2003, and this will lead to the lifting of international immunity from Iraq's money abroad and it will be subject to implementation by some creditors from other parties and companies.

Those legal authorities confirmed, according to the statement, that the funds and reserves of the Central Bank of Iraq are protected under the laws followed in the United States of America, pledging to defend what is available from them in central banks and banks in other countries.

butterfly  Saudi Arabia first and Iraq fourth..the largest Arab economies in 2021

Monday 26 July 2021 ..........The American magazine "Forbes" published a classification of the most powerful Arab economies for the year 2021, where Saudi Arabia ranked first in the classification.

According to the report recently published by the magazine, Saudi Arabia took the lead, amid expectations that its gross domestic product at current prices would reach $804.9 billion by the end of 2021.

The UAE came in second place, with its gross domestic product recording in 2021 a level of $401.5 billion, followed by Egypt, With its GDP expected to reach $394.3 billion.

It is noteworthy in the report that the UAE advanced one place in 2021 from its classification last year, and the UAE has advanced over Egypt in this year’s classification.

Egypt has fallen one place to third in the Arab world this year, with its GDP expected to reach $394.3 billion, compared to $361.8 billion in 2020.

And in the fourth place for the year 2021, Iraq ranked, with expectations that its gross domestic product would reach 190.7 billion dollars, while Qatar came in fifth place, with its gross domestic product reaching 166 billion dollars this year.

butterfly  The exchange rate of the dollar recorded a decrease in the local markets

Monday 26 July 2021..........The exchange rate of the dollar against the dinar recorded a decrease today, Monday, in the main stock exchange and local markets.

Where the price of selling the dollar today was 147,750 dinars per hundred dollars, and the purchase price was 147,000 dinars per hundred dollars.

butterfly  Global oil prices decline with fears of developments in the Corona epidemic and floods in China

Monday 26 July 2021.......Oil prices fell, today, Monday, with concerns about fuel demand from the spread of COVID-19 variables and floods in China, which offset expectations of tight supplies during the rest of the year.

Brent crude futures for September fell 53 cents, or 0.72 percent, to $72.91 a barrel, while US Texas Intermediate crude recorded $71.53 a barrel, down 54 cents.

Corona virus cases continued to rise over the weekend, with some countries recording record daily increases and expanding lockdown measures that may slow oil demand. China, the largest importer of crude in the world, also witnessed severe floods and Typhoon in the central and eastern parts of the country.

butterfly  Al-Khanjar tweeting: We support any step towards organizing the relationship with the United States in a way that serves Iraq

Tuesday 27 July 2021.........The head of the Azm Khamis Al-Khanjar Alliance affirmed his support for any step towards organizing the relationship with the United States in a way that serves Iraq.

And he said in a tweet: We support any step towards organizing the relationship with the United States in a way that serves Iraq, and supports our forces with training and intelligence coordination that we need at this stage.

Al-Khanjar added: What a successful step has been achieved is to be reckoned with the Prime Minister, the negotiating delegation and the political forces that agreed on these principles.

butterfly  Al-Hakim praises the agreement concluded with the United States, describing it as a diplomatic achievement

Tuesday 27 July 2021 .........Head of the Alliance of National State Forces, Ammar Al-Hakim, praised the diplomatic achievement that was achieved for the homeland by concluding the agreement to expel combat forces from Iraq.

Al-Hakim said in a tweet to him: A successful position of the Prime Minister and the Iraqi negotiating delegation in Washington, which succeeded, with the support of the political forces, in achieving a diplomatic achievement for the homeland represented by concluding an agreement with the American side to withdraw all combat forces by the end of this year and to keep training, advisory and intelligence cooperation between the two countries.

He added that: achieving this achievement stems from the unity of the Iraqi position that rejects the foreign military presence and replaces it with mutual relations that preserve the interest and Iraqi sovereignty and Iraq's position in its regional surroundings, expressing his pride in all the efforts that have been made. Blessings to all of Iraq's diplomatic achievement.

butterfly   Iraqi Dinar/US dollar auction results 7-27-2021

United States DollarThe results of the foreign currency sale window for Tuesday 7/27/2021 and implemented today   Announcement No. (4453)

Sale date – Tuesday 7/27/2021 and executed today   the details  Amount

Total sale for the purposes of strengthening balances abroad (remittances, credits)  151,190,530

Total cash sale  63,380,000   total total sales  214,570,530

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/1069

butterfly   After the US announcement, the commander of the Iranian Quds Force arrives in Baghdad on a “secret” visit

2021-07-27 04:44  After the US announcement the commander of the Iranian Quds Force arrives in Baghdad on a secret visitShafaq News/ An informed source said on Tuesday that the commander of the Iranian Quds Force had arrived in the Iraqi capital, Baghdad, on a “secret” visit.

This visit comes hours after US President Joe Biden announced the end of his forces’ “combat” missions in Iraq.

The source told Shafaq News Agency, that the commander of the Iranian Quds Force, General Ismail Qaani, arrived today in Baghdad on a secret and unannounced visit, indicating that the visit comes in order to meet with a number of political forces and armed factions for the purpose of discussing the latest Iraqi-American agreement, What took place between Al-Kazemi and Badin regarding the total US withdrawal from Iraq.

The “Shiite” political forces welcomed the results of the negotiations conducted by an Iraqi delegation in the US capital, Washington, which resulted in a declaration by US President Joe Biden that “the combat missions are over” in Iraq.

And US President Joe Biden announced, during a meeting yesterday, Monday, with Iraqi Prime Minister Mustafa Al-Kazemi, that the United States will end by the end of the year its “combat mission” in Iraq to begin a “new phase” of military cooperation with this country.

Al-Kazemi arrived yesterday (Sunday, July 25) at the head of a high-level delegation that includes the ministers of foreign affairs, defense, oil, trade and culture, to the American capital, Washington, on an official visit.

Qaani had visited Baghdad on the ninth of last June, and held extensive meetings with government and political parties and armed Shiite factions for the purpose of discussing the situation on the Iraqi arena.  shafaq.com

butterfly   Al-Kazemi: We are looking for an American company instead of ExxonMobil when you leave

07-27-2021 09:53 AM   Al-Kazemi - We are looking for an American company instead of ExxonMobil when you leaveIraq’s Prime Minister Mustafa al-Kadhimi said he wants another US company to replace ExxonMobil when it leaves Iraq.

Exxon, which in 2019 appeared to be proceeding with a $53 billion project to increase Iraqi oil production, is seeking to sell its 32.7 percent stake in West Qurna 1, one of Iraq’s largest oil fields.

Al-Kazemi told a small group of journalists in Washington after talks with President Joe Biden on Monday that ExxonMobil is considering exiting Iraq for reasons related to its internal administrative practices and decisions, not because of the situation in Iraq.

Speaking through an interpreter, he added that when ExxonMobil leaves, Iraq will not accept an alternative but another American company.

Al-Kazemi did not specify which US companies might be interested in the stake. Chevron also has operations in Iraq.

Iraqi Oil Minister Ihsan Abdul-Jabbar said in May that Iraq was considering buying ExxonMobil’s stake in the West Qurna 1 field through the state-owned Basra Oil Company.     dijlah.tv

butterfly   Al-Kazemi’s office announces the details of his meeting with Biden and sets the date for the official withdrawal of US forces

Posted, 2021-07-27 14:17   Al-Kazemis office announces the details of his meeting with Biden and sets the date for the official withdrawal of US forcesShafaq News/ The media office of Iraqi Prime Minister Mustafa Al-Kazemi announced on Monday the details of his meeting with US President Joe Biden.

The office said in a statement received by Shafaq News Agency, “The two sides held a round of talks at the White House in Washington, which dealt with various aspects of strengthening relations between the two countries in all security, economic, cultural, educational and health fields.”

The meeting witnessed, according to the statement, “the mutual affirmation of the transition of the security relationship between the two parties to the tasks of advisory, training, support for building Iraqi military capabilities, providing technical support to the Iraqi armed forces, and the absence of combat forces by December 31 of this year / 2021.”

Biden praised, according to the statement, “Al-Kazemi and the Iraqi government’s growing role in moving Iraq towards stability, and its effective contribution to laying the foundations for peace and calm in the Middle East.”

The meeting also witnessed “confirmation of the support of the United States of America to Iraq, on the course of holding the parliamentary elections scheduled for the tenth of next October.”

butterfly   Al-Kazemi stressed, “Iraq’s aspiration to build strong relations and a solid partnership with the United States of America, on the basis of respect for Iraqi sovereignty, and within the framework of the strategic agreement between the two countries and the preservation of Iraq’s interests.”

He also expressed Iraq’s appreciation for the American support in the efforts made to hold the Iraqi parliamentary elections as scheduled.

The two sides discussed expanding the horizon of investment for American companies in Iraq, and the steps taken by the Iraqi government in providing an attractive environment for investment in promising opportunities in Iraq, in a way that enhances economic stability and increases job creation.

During the meeting, they also discussed bilateral efforts and joint cooperation in combating the Corona pandemic, and the United States’ readiness to provide more vaccines in order to support the Iraqi government’s efforts in prevention and health protection for our people.    shafaq.com

butterfly   American research website: Announcing the withdrawal of troops from Iraq is a diplomatic trick

Tuesday 27 July 2021 | 01:14 PM  American research website - Announcing the withdrawal of troops from Iraq is a diplomatic trickA report by the American Atlantic Council website, which specializes in research and strategic studies, confirmed that the announcement of the US withdrawal from Iraq is a useful diplomatic trick for the Biden administration .

The report stated that, “In contrast to the complete withdrawal from Afghanistan, the announcement of the withdrawal from Iraq is tantamount to rebalancing the removal of combat forces and their replacement with trainers who will continue to build the capabilities of the Iraqi security services .”

And he added, “But that announcement is actually just a “useful diplomatic trick” of the Biden administration. Of course, the United States should advise the Iraqis, and not send combat forces on patrols through Baghdad, but they are not doing these patrols in Baghdad at the moment .

He continued, “What will likely remain the most important elements of the current mission, which are the advanced capabilities of US special operations and the US military’s link with Iraqi forces and Iraqi politicians, and all of this can be done under the title of the advisory mission, or whatever is more beneficial to Al-Kazemi and the US administration to name it .”

butterfly   The report noted that “Russia and China will attempt to argue that the US withdrawal from Afghanistan and Iraq indicates that the United States is not the best option to be a strategic partner, but that the United States has in fact poured its military resources into the Iraqi and Afghan security forces so that they have the opportunity,

if they choose, to protect Their countries, while the Russian and Chinese governments prefer that the security services in the countries in which they operate are weak so that their influence in influence and exploitation of resources in the country cannot be challenged,” according to the allegations of the report.  aynaliraqnews.com

butterfly   ********* The Central Bank issues an important statement regarding Iraq’s money abroad

TUESDAY, 07-27-2021,PM 1:04   Central Bank of IraqThe legal authorities in the United States of America confirmed to the Governor of the Central Bank of Iraq that all the reserves and funds of the Central Bank of Iraq are fortified and that no party can seize them. They also confirmed that they will defend its immunity with the rest of the countries and these reserves cannot be compromised.

A statement by the Central Bank stated, “Iraq will complete, in the coming period, the full payment of compensation and benefits accrued before 2003, and that this will lead to the lifting of international immunity for Iraq’s money abroad, and it will be subject to implementation by some creditors from other parties and companies.”

The statement added, “These legal authorities confirmed that the funds and reserves of the Central Bank of Iraq are protected under the laws followed in the United States of America, and pledged to defend what is available from them in the central banks and banks in other countries.”    non14.net    **

Zig   Sounds good: "The two sides discussed expanding the horizon of investment for American companies in Iraq, and the steps taken by the Iraqi government in providing an attractive environment for investment in promising opportunities in Iraq, in a way that enhances economic stability and increases job creation.

Butterfly   It is so great to read things happening in Iraq instead of.................ISIS killing/beheading/destroying antiquities

butterfly   Iraq Confirms Oil Exports for June Exceeded $6bn.......27th July 2021..........Iraq's Ministry of Oil has announced finalised oil exports for June of 86,765,589 barrels, giving an average for the month of 2.892 million barrels per day (bpd), slightly down from the 2.899 million bpd exported in May.

The exports from the oilfields in central and southern Iraq amounted to approximately 83,690,352 barrels, while exports from Kirkuk amounted to 3,075,237 barrels.  Revenues for the month were $6.143 billion at an average price of $70.801 per barrel.    (Source: Ministry of Oil)

Butterfly   Iraqi Cabinet Approves Total Energies' Projects...........27th July 2021...........The Iraqi cabinet has approved the agreement between the Ministry of Oil and French company TotalEnergies to implement four major energy projects in the country:

Plants to collect and refine associated natural gas at the fields of Artawi [Ratawi], West Qurna 2, Majnoon, Tuba [Subba] and Lahais [Luhais]. This will include a Central Gas Complex at Artawi;

Development of the Artawi field;

The integrated seawater project [Common Seawater Supply Project (CSSP)?], which the ministry has been trying to implement for more than ten years; and,

A 1,000MW solar energy plant.

The project was originally agreed in March. (Source: Govt of Iraq)

butterfly   US and Iraq Agree to end US Combat Mission in Iraq...........27th July 2021........US President Joe Biden and Iraqi prime minister Mustafa al-Kadhimi have agreed to end the US combat mission in Iraq by the end of this year.

After more than 18 years in the country, the role of US forces will change to one of training and advising the Iraqi military.

There are currently approximately 2,500 US troops in Iraq.

Click here to read the Joint Statement................ https://www.state.gov/joint-statement-on-the-u-s-iraq-strategic-dialogue-2/   (Source: US State Dept)

Butterfly   US Announces $155m Humanitarian Assistance for Iraq...........27th July 2021..........The United States is pleased to announce nearly $155 million in additional humanitarian assistance for the people of Iraq as well as Iraqi refugees in the region and generous communities hosting them.

With this additional funding from the State Department and the U.S. Agency for International Development (USAID), U.S. humanitarian support for Iraq amounts to more than $200 million to-date in Fiscal Year (FY) 2021. Since FY 2014, the United States has provided more than $3 billion in humanitarian assistance in Iraq and for Iraqis in the region.

This funding will provide critical shelter, essential healthcare, emergency food assistance, protection services such as gender-based violence response, and water, sanitation, and hygiene services throughout Iraq.

U.S. funded programs will support Iraqis displaced by ISIS, many of whom also continue to face hardships from the COVID-19 pandemic by promoting access to civil documentation and legal services, improving the capacity of health care facilities, and increasing access to education and livelihood opportunities.

The United States remains the largest single donor of humanitarian assistance in Iraq and globally. We appreciate all donors who have stepped up and continue to encourage both existing and new donors to increase their support to help meet the needs.   (Source: US State Dept)

butterfly   Al-Kazemi: Iraq's role in the region has become pivotal, and Biden supports it in all fields

Tuesday 27 July 2021.....Prime Minister Mustafa Al-Kazemi confirmed that US President Joe Biden supports Iraq in all fields.

Al-Kazemi said in televised statements: "Iraq's role in the region has become pivotal, and we support dialogues that help stabilize it."

Butterfly   Al-Kazemi: The strategic dialogue united the Iraqi political positions

Tuesday 27 July 2021 ..........Prime Minister Mustafa Al-Kazemi confirmed: "The strategic dialogue united the Iraqi political positions."

Al-Kazemi said in televised statements: “The dialogue touched on various economic, scientific, health and cultural fields.”

butterfly   The Finance Committee discusses with the President of the Republic the legislation of laws and early elections

Tuesday 27 July 2021...........Deputy Chairman of the Parliamentary Finance Committee, Muthanna Al-Samarrai, discussed with the President of the Republic, Barham Salih, efforts to legislate a law to prosecute the corrupt.

And the media office of al-Samarrai said in a statement: "During the meeting, the two sides discussed a number of issues related to the legislation of laws, the work of the Parliamentary Finance Committee, early elections and the situation of Salah al-Din Governorate."

Al-Samarrai explained, "He reviewed with President Saleh the efforts of the Finance Committee regarding its role in legislating the law to prosecute the corrupt and its continuation in holding meetings and carrying out its work without interruption, including monitoring and following up on the implementation of the budget law."

During the meeting, according to the statement, "the file of the early elections to be held on the tenth of next October and the preparations of the Electoral Commission, political blocs and popular activities for this entitlement was discussed."

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