IQD CALLS Early Sunday 4-19-20

Doug_W Baghdad / Nina / The exchange rates of the dollar recorded, today, Saturday, a decrease until they approached the normal rates in the local market.

As the exchange rates recorded today, Saturday, on the Kifah Stock Exchange, 121,900 per hundred dollars.

As for the price in the banking offices, it was recorded in Baghdad: Buying 121,500, selling 22,500,000 dinars per hundred dollars, and in Sulaymaniyah 122,100 Basra 122,000, Mosul 122,200, Samawah 122,500,000 dinars per hundred dollars.

Doug_W My sense from the talks over the Kathimi govt is that many are pushing for all new ministers, no one from the current govt. That approach can't make sense, but that doesn't mean it won't be the approach.

Doug_W Iraqi PM designate readies cabinet to present to parliament Ali Mamouri April 18, 2020

.IQD CALLS Saturday Night 4-18-20

Xyz Finance and the Central Bank review options for entering the IMF program and requesting external loans

Time: 04/18/2020 22:25:27 Reading: 1,105 times Categories: Animated news tape, Iraq news

Finance and the Central Bank review options for entering the IMF program and requesting external loans

(Baghdad: Al Furat News): The Deputy Prime Minister and Minister of Finance Fuad Hussein chaired an expanded meeting in the presence of the Governor of the Central Bank, the Under Secretary of the Ministry of Finance, general managers of the Rafidain and Rashid and Iraqi banks for trade, customs and tax authorities and the Public Debt Department to discuss the economic and financial situation in order to secure the needs of the government .

The Finance Ministry statement said that the minister "reviewed the recent OPEC agreement and the decision to reduce the shares of the global oil market and reduce approximately one million barrels per day of the share of Iraq and the implications of that decision, especially with the collapse of the current oil prices and how to overcome these obstacles and cross the current stage."

.IQD CALLS Early Saturday 4-18-20

Futuremoney just saw a iraq article saying that Basras electric supply will be shortened this summer...total idiots

Baxter unbelievable

futuremoney i think siemens pulled out..havent heard anything about them

futuremoney GE too

Futuremoney Official: Basra electricity supply hours will decrease this summer 12:52 - 16/04/2020

Information / Basra .. Director of the Southern Control Center in Basra, Muhammad Abdul Hamid, confirmed today, Thursday, that the maintenance of electricity with electricity will be less than last summer, because new projects will not enter work.

Abdul Hamid said in a statement to Information Agency, "There are projects that will supply the electrical system and are awaiting financial allocations to complete it." ”

.IQD CALLS Friday Night 4-17-20

Xyz The Minister of Finance discusses the financial and economic situation with the representative of the International Monetary Fund

xyz Iraqi Parliament Likely to Vote on New Cabinet Next Week: Source

A security source in Baghdad revealed on Thursday that the Council of Representatives is likely to convene next week to vote on the new cabinet.

RT cited the source as saying that the majority of political parties are willing to hold a session for a confidence vote as soon as possible.

The session might be held either next Tuesday, April 21, or Wednesday, he said.

Iraq's new PM-designate Mustafa al-Kadhmi said on Wednesday that the lineup of his cabinet is now ready, noting that he was negotiating with the political factions to secure their approval for the upcoming vote of confidence.

.IQD CALLS Early Friday 4-17-20

Baxter China is now reporting that their corona deaths is 50% more than what they have said before

Futuremoney everyone knew it...

Baxter yep

futuremoney and lied to the WHO...who in turn lied to cover up for China...why? Cuz they are bought by China

Futuremoney if the world would have known...Trump would have shut the borders to China WAAAAAYYY earlier than he did

xyz Al-Kazemi is locked in tough negotiations ... and offers to offer the cabinet in two weeks

Thursday, April 16, 2020 96 Baghdad / Al-Sabah / Muhannad Abdul-Wahab / Shaima Rashid

Looming differences appear on the horizon between the Prime Minister-designate Mustafa Al-Kazemi and some political blocs. Members of the House of Representatives assured Al-Sabah that ongoing negotiations with the “taxpayer” have not yet resulted in choosing a cabinet to insist the political blocs nominate the names that they represented in the government Resigned under the pretext of electoral merit, suggesting the presentation of the new cabinet in the next two weeks.

The deputy of the Alliance Alliance, Badr Al-Ziyadi, said in an interview with Al-Sabah: All other people will not interfere in naming the ministers and leave the task to the Prime Minister-designate, provided that all political blocs tend to go the same way, warning that the position of the alliance will change if the political blocs insist on naming The ministers.

.IQD CALLS Thursday Night 4-16-20

Sandyf @chattels Young_SC I am a longstanding confessed macroeconomic moron,

You do not need to be an expert to understand the basics and recognise what is viable and what is not.

Entities have a balance sheet and it is not called that for nothing. The accounts are "balanced" by including the equity, funds due to investors, as a liability. Where the total liabilities less the equity exceed the total assets the entity is technically bankrupt.

In the case of Iraq the liability in respect of the currency issued is about 50% so it is fairly obvious that the currency could never be increased by any significant factor. Reality is that devaluation is more likely to release equity.

As far as redenomination is concerned many fail to understand that that would be a change to the monetary unit, not the currency. The currency IQD would remain the same and the monetary unit would adopt a new currency. In any country a change to the monetary unit can only be done through an act of parliament or presidential decree.

.IQD CALLS Thursday Evening 4-16-20

Clay the government ran out of $ for SBA grants

Sparky Doug_W is true that I have not worked in the central bank, but I have been a professor of macroeconomics and monetary theory for years, unless the central bank works according to unscientific contexts that are not consistent with what we have studied.

futuremoney not enough money in the world for that...everyone i know including myself has appied for these loans, and the form just kicks back to you..never gets submitted

Sparky futuremoney ...I'm applying , via my cpa, for as many as I can get...$10 k a piece...

Sparky futuremoney ...$6.2...bro..get yours...you'll be paying for it later.....$6.2 T

futuremoney cant get it...sham..only big corps are getting it same thing when the banks got bailed out

Sparky futuremoney ...go to a small time credit union...you'll get it.....trust me...

futuremoney will do

Sparky ...but5 don't wait too long...

futuremoney its already gone just got a text stating that

Sparky ...new money coming up...get in line...

.IQD CALLS Early Thursday 4-16-20

Baxter 4-15-2020 Guest Guru Nathan I would love the thought I'm gonna get $3.00. This is phenomenal but I'm a realist too. I've been a party to real transactions...I appreciate people that operate in that manner who manage expectations. Under promise and over-deliver type strategy. I'm a big proponent of that.

I'm a realist. I know what I will be getting for my IQD. I've already been told. And it's no where near that. Now am I being set up to be screwed? Possibly. But I've accepted the terms and I'm comfortable with the terms. It's a very good return for me...I'm in the process of a deal...

Futuremoney whooohooo...Tony says the rate is out at 3.61!!! YAYYYYY...oh wait...

Baxter DIMES..DIMES.DIMES..DIMES..DIMES..DIMES..

Chattels In Iraq, curfew extended until start of Ramadan. Ramadan starts in about a week.

Baxter wonder why the curfew... theys have cured the virus

.IQD CALLS Early Wednesday 4-15-20

chattels Musings on #Iraq Iraq Asks World Bank For Help During Financial Crisis

chattels Iraq is facing a dual crisis caused by the Russian-Saudi oil war and the global coronavirus that has collapsed the international oil market which the country depends upon. In response, Baghdad has gone to the World Bank asking for help.

chattels If Iraq does get any funds from the World Bank it will likely be on very strict terms. The Bank loaned money to Iraq during the war against the Islamic State and was supposed to carry out financial reforms and concentrate on reconstruction afterward. It did neither. That was because the budget is based upon political rather than economic factors, and neither reforms nor rebuilding fit the elite’s agenda.

chattels The reason why Iraq is going to the World Bank is because it is the most oil dependent country in the world. With the collapse in oil prices it can’t pay its bills, the largest of which is salaries and pensions for public workers. In March 2020 it earned $2.9 billion from oil exports but needs $3.5 billion a month just for government salaries.

.IQD CALLS Early Tuesday 4-14-20

Chattels Iraqi Health Ministry announces the defeat of the Corona Virus. Iraq can serve as a model for other nations to model. The defeat was due to the early decision by the government to quickly close borders & stop air flights. LINK

chattels Amazing.

chattels Iraqi MP from Fatah Coalition announces conditions for acceptance of government of PM Mustafa Kathimi. Some blocs want positions in the government & others want specific persons to be ministers. http://mobp.as/zGuNq

chattels Business as usual.

Baxter Chattels....isnt Iraq so amazing.... why what would we do without Iraq ingenuity...

Baxter they have defeated the Virus... simply amazin

.IQD CALLS Tuesday Evening 4-14-20

Dave Japan released some nastiness a few yrs ago

bif japan is on going dave

Dave in the Oceans.....

bif yes navy ships too

Dave Dumping depleted uranium in the oceans?

bif we could not eat veggies or drink milk the tuna is tasty lol

Dave bif ?in italy?

bif yes the radiation spread europe

Dave kept that quite......

bif try wiki lol

Dave they can easily measure radiation levels in soil

bif and the air

bif my dept has them im retired now

Dave Worked with radiation in the Oil fields