Zig’s Place Chat and News Monday PM 4-5-21
.Zig’s Place Chat and News Monday PM 4-5-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Butterfly The market, as measured by the Rabee Securities RSISX USD Index, after February's explosive rally of 25.7%, took a breather and ended the month up 2.3%, and up 16.7% for the year. The market's 2.3% month-end gain masks an earlier gain of 11.0% by mid-month which would have taken it to a year-to-date gain of 26.7%, before profit talking scaled-down most this gain.
However, the passage of the delayed 2021 budget, after the market's close on March 31st, seems to have reignited the rally with the market up 6.9% over the following two days in response to the budget's expansionary spending plans ahead of early elections planned in October.
Zig’s Place Chat and News Monday PM 4-5-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Butterfly The market, as measured by the Rabee Securities RSISX USD Index, after February's explosive rally of 25.7%, took a breather and ended the month up 2.3%, and up 16.7% for the year. The market's 2.3% month-end gain masks an earlier gain of 11.0% by mid-month which would have taken it to a year-to-date gain of 26.7%, before profit talking scaled-down most this gain.
However, the passage of the delayed 2021 budget, after the market's close on March 31st, seems to have reignited the rally with the market up 6.9% over the following two days in response to the budget's expansionary spending plans ahead of early elections planned in October.
March saw a continuation and the sustainability of the same positive trends that drove the index's strong performance in February. Average daily turnover, excluding block transactions, continued the monthly increase - up 7% on the back of February's 189% increase over January, and up 135% over the average of the prior 12 months (first chart below).
Foreign buying, both in absolute terms and as a percentage of total buying, continued along the same lines as in February and was accompanied by continued declines in foreign selling, both in absolute terms and as a percentage of total selling (second chart below). https://www.iraq-businessnews.co
butterfly It is somewhat early to draw too many conclusions from such positive trends from only two months of market action. Nevertheless, these trends reflect a very different tone to the market from that which prevailed over the last two years, as the two charts show.
butterfly Moreover, just as in February, it was local buying that extended and sustained the rally throughout March, and similarly in response to the passage of the budget. February's stalwart trio of Bank of Baghdad (BBOB) up 69.2%, Baghdad Soft Drinks (IBSD) up 30.7%, and AsiaCell (TASC) up 24.6%, had mixed performances in March.
IBSD did not trade throughout the month, as it was suspended from trading while completing the procedures for its acquisition of Al-Zaki Group, as reported here in January. IBSD will resume trading on April 5th after announcing a 4.3% dividend yield in its latest annual general meeting (AGM).
TASC ended the month down 3.0% after minor gains of 1.3% early in the month, while BBOB saw a continuation of February's blistering performance, up 21.2% by the Ides of March before profit taking reduced these gains into a loss of 1.5%.
Among the banking sector, low-priced Gulf Commercial Bank (BGUC) and Iraqi Middle East Investment Bank (BIME) were still up 17.6% and 26.3% even after shedding earlier gains of 35.3% and 57.9% respectively. February's laggards Mansour Bank (BMNS), and Commercial Bank of Iraq (BCOI) ended March flat and up 6.8% after peeling-off gains of 15.0% and 15.9% respectively.
The exception among February's laggards was the National Bank of Iraq (BNOI), which sustained its gains throughout month end, up 14.9% after completing its acquisition of the Iraqi branch network of Lebanon's Bank Audi, and announcing a 9.2% dividend yield in its AGM. Within the consumer space, Al Mansour Pharmaceuticals (IMAP), sustained its grains throughout the month, up 7.8% on the back of February's 15.2% gain.
butterfly The market's 6.9% gain for the two days following the budget's passage was mostly led by these same stocks given their leverage to a consumer led economic revival on the back of the budget's expansionary spending plans. Over the two days, BGUC was up 20.0%, BBOB up 16.9%, IMAP up 16.1%, BIME up 12.5%, BCOI up 10.6%, TASC up 2.4%, and BNOI up 2.0%.
These gains in the banking, consumer, and telecom stocks, both on that day and year to-date, build on the revival in economic activity that has returned to levels meaningfully above those that prevailed just before the nationwide lockdown in March 2020, as seen from Google's mobility data (below chart). In particular, activity in the crucial sectors of retail and grocery has recovered to between 20-60% above the levels that prevailed pre-lockdown.
butterfly The market's 6.9% gain for the two days following the budget's passage was mostly led by these same stocks given their leverage to a consumer led economic revival on the back of the budget's expansionary spending plans. Over the two days, BGUC was up 20.0%, BBOB up 16.9%, IMAP up 16.1%, BIME up 12.5%, BCOI up 10.6%, TASC up 2.4%, and BNOI up 2.0%.
These gains in the banking, consumer, and telecom stocks, both on that day and year to-date, build on the revival in economic activity that has returned to levels meaningfully above those that prevailed just before the nationwide lockdown in March 2020, as seen from Google's mobility data (below chart). In particular, activity in the crucial sectors of retail and grocery has recovered to between 20-60% above the levels that prevailed pre-lockdown.
butterfly It remains to be seen if the market can sustain these early gains in April and beyond, though the broadening of the market's breadth beyond the narrow lead of February's trio is a promising sign for the rally's continuation and staying power.
But such a recovery's pace is likely to be uneven with plenty of zigs and zags along the way. Nevertheless, the potential upside from a continuation of such a rally is substantial for even accounting for the most recent gains, the market, as measured by the Rabee Securities RSISX USD Index, is still down over 60% from its 2014 high.
butterfly Mr Tabaqchali (@AMTabaqchali) is the CIO of the AFC Iraq Fund, and is an experienced capital markets professional with over 25 years' experience in US and MENA markets. He is a non-resident Fellow at the Institute of Regional and International Studies (IRIS) at the American University of Iraq-Sulaimani (AUIS), and an Adjunct Assistant Professor at AUIS. He is a board member of the Credit Bank of Iraq.
His comments, opinions and analyses are personal views and are intended to be for informational purposes and general interest only and should not be construed as individual investment advice or a recommendation or solicitation to buy, sell or hold any fund or security or to adopt any investment strategy.
It does not constitute legal or tax or investment advice. The information provided in this material is compiled from sources that are believed to be reliable, but no guarantee is made of its correctness, is rendered as at publication date and may change without notice and it is not intended as a complete analysis of every material fact regarding Iraq, the region, market or investment. 5th April 2021
butterfly https://www.shafaq.com/en/Economy/Gold-prices-slip-as-strong-U-S-jobs-data-lifts-yields-stocks Gold prices slip as strong U.S. jobs data lifts yields, stocks 2021-04-05 03:29
Shafaq News/ Gold prices eased on Monday as U.S. Treasury yields rose and global stocks gained after better-than-expected jobs data in the United States fuelled optimism over a swift economic recovery.
Spot gold was down 0.3% at $1,723.16 per ounce, as of 0553 GMT. Gold futures were flat at $1,761.20 per ounce.
"Strong payroll data has boosted the dollar and the yields and is weighing on gold prices. I think gold's primary trend is bearish," said DailyFX strategist Margaret Yang.
"Global economic growth is definitely taking a positive turn, however, it is uneven. Growth in the U.S. is particularly strong, but parts of EU are having a challenging time with the third wave of virus."
The U.S. economy created the most jobs in seven months in March as more Americans got vaccinated and the government doled out additional pandemic relief money.
That lifted global stock prices to a more than one-month high on Monday, while benchmark U.S. Treasury yields held near a 14-month peak. The dollar, however, was steady against its rivals ahead of U.S. services sector data.
U.S. President Joe Biden's announcement of a long-awaited $2 trillion-plus job plan last week has raised some concerns over inflation.
Some investors view gold as a hedge against inflation, but higher Treasury yields, which translate into a higher opportunity cost for holding bullion, have challenged that status.
"It is becoming clear to me that gold's sensitivity is not to future inflation expectations, but rather, to moves in U.S. bond yields, notably the 10-year tenor," said OANDA senior market analyst Jeffrey Halley in a note.
Elsewhere, silver fell 1.1% to $24.70 per ounce and palladium was down 0.8% at $2,645.98.
butterfly https://www.shafaq.com/en/World/U-S-anticipates-difficult-discussions-with-Iran U.S. anticipates "difficult" discussions with Iran 2021-04-05 13:59
Shafaq News / The U.S. State Department played down expectations for indirect talks that begin on Tuesday in Vienna on Washington and Tehran resuming compliance with the 2015 Iran nuclear deal, saying it expected the talks to be difficult, Reuters reported.
“We don’t underestimate the scale of the challenges ahead. These are early days. We don’t anticipate an early or immediate breakthrough as these discussions, we fully expect, will be difficult,” State Department spokesman Ned Price told reporters during his daily briefing on Monday.
Doug_W Silver:$24.96 -0.10
Butterfly https://ninanews.com/Website/News/Details?key=897446
Al-Kazemi: We will not leave the lecturers unfairly, and we will discuss their issue in the cabinet session
Monday 05, April 2021 23:52 Prime Minister Mustafa Al-Kazemi affirmed that he would not leave the lecturers unfairly, and their topic would be discussed in the cabinet session to find a prompt and fair solution to them.
"We will not leave you without your fairness, and we will not allow any party or person to bid at the expense of your feelings, and we have tried to solve the problem through the budget. " An urgent and fair solution to you. ”
butterfly Oh poor Maliki has to put his nose in where it may get cut off. If memory serves me, he came close one time........ Al-Maliki's office calls for the head of the Finance Committee to apologize and not to mix the papers
Monday 05, April 2021 23:48 Hisham Al-Rikabi, a spokesman for the media office of the head of the State of Law coalition, Nouri Al-Maliki, called on the head of the Finance Committee, Haitham Al-Jubouri, to apologize and not to mix the papers after the people directed sharp criticism to them.
Al-Rikabi said in a tweet about regret: the position of the Chairman of the Finance Committee, who claimed that all the blocks agreed to reduce the price of the dinar in a meeting of political forces.
He added: The fact is that the representative of the state of law in the meeting proved his objection and left the meeting and the position of the state of law did not change in all the meetings and statements.
And he demanded the necessity of restoring the exchange rate to its previous condition.
butterfly Cardinal Sacco discusses with Al Kaabi and Al Jabri the results of the Pope’s visit and respect for diversity and pluralism in Iraq
Monday 05, April 2021 22:43 Patriarch Cardinal Louis Raphael Sacco discussed with the First Deputy Speaker of Parliament Hassan Karim al-Kaabi and Haider al-Jabri, Director of the Media Office of Muqtada al-Sadr, the results of the Pope’s visit to Iraq.
A statement issued by Cardinal Sacco stated that the meeting, which was held at the headquarters of the Patriarchate in Mansour, dealt with the visit of His Holiness Pope Francis, and the respect for diversity and pluralism.
butterfly https://www.thenationalnews.com/mena/iraq/iraq-s-plan-to-diversify-regional-trade-relations-aims-to-fend-off-iran-s-influence-1.1197721 Iraq's plan to diversify regional trade relations aims to fend off Iran's influence
UAE and Saudi Arabia have both allocated $3 billion for joint investment funds with Iraq April 5, 2021
Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, welcomes Iraq's Prime Minister Mustafa Al Kadhimi upon his arrival in Abu Dhabi, UAE. AFP
Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, welcomes Iraq's strategy of diversifying its trade relations is aimed at repelling Iran’s influence in the country, by reaching out to the wider region for investment opportunities, experts and officials said on Monday.
Saudi Arabia and the UAE separately announced this week that they will invest $3 billion in Iraq following Prime Minister Mustafa Al Kadhimi’s visit to the Gulf. The joint funds raise Gulf financial commitments in the country of 40 million people to levels not seen in decades.
“By reaching out to UAE and other gulf states, Iraq is trying to regain alternative investments and lifelines so it’s not stuck to one primarily trading partner,” Renad Mansour, director of the Iraq initiative at London’s Chatham House, told The National.
“Iraq at the moment is primarily linked to investments and economic relations with Iran and to a lesser extent Turkey, which puts it in a position where it is behest of Iran and its interest,” Mr Mansour said.
The country is not only diversifying away from oil as a resource but is also looking at different economic partners rather “than being stuck to one which is Iran”, he said.
butterfly Due to years of conflict and rampant corruption, Baghdad needs the support of Gulf states to revive its economy. Oil production was cut in the first half of 2020 as oil demand crashed when the world ground to a near-halt due to Covid-19 lockdowns. Iraq’s economy shrank by almost 11 per cent in 2020 due to the pandemic.
So far the government is trying to be less dependent on oil and the country currently exports dates and bitumen – for road surfacing – to the UAE.
butterfly The UAE’s initiative aims to strengthen economic and investment relations, create new opportunities for cooperation and partnership, and advance economic, social, and developmental growth in support of Iraq, a statement by state news agency, WAM, said.
Saudi Arabia said the joint fund will be for the "benefit of the Saudi and Iraqi economies, with the participation of the private sector from both sides.”
It was welcomed by politicians and parliamentarians who claim the diversification will assist in stabilising the country.
“The visit to Riyadh and Abu Dhabi can be seen as part of a strategic tour that may result in a rearrangement of the region's priorities and to help secure Iraq’s role in the Arab world,” Raad Al Dahlaki, an Iraqi member of parliament said.
“It is a basis for restoring Iraq’s role in the region and to confront challenges and plots facing the Arab cause,” Mr Al Dahlaki said.
Iraq’s populist cleric, Muqtada Al Sadr, said Baghdad's move towards diversifying its trade relations is a "step in the right direction."
butterfly "We have a rich history with the two countries, and let us have a prosperous future with them," Mr Al Sadr said. The cleric commands a large following among the urban poor of Baghdad and southern cities and was once the leader of a powerful militia who fought against American forces stationed in Iraq.
Baghdad lies on the fault line between the Shiite Muslim power Iran and the Sunni-ruled countries that are Tehran's regional rivals, among them Saudi Arabia. "Let Iraq be the hub of peace in the entire region," he said.
What happens next? Over the years, corruption and economic mismanagement have worsened conditions even further for the country to function adequately.
During times of economic crises, Iraq looks for foreign investment but as soon as oil prices rise, it often allows politics to carry on as usual, Mr Mansour said.
The opportunities presented by Abu Dhabi and Riyadh present an important lifeline to the Iraqi economy as it’s “economic system is rotten.”
“The political economy of corruption will most likely mean that any of these types of investment deals will not meet the ends for which they seek,” Mr Mansour said. It will not resolve Iraq's “fundamental economic problem,” he said.
butterfly Cash flow is not the issue but instead is more of a structural problem, particularly the question of how funds are split between political parties, he said.
Zig If you access this chat via https://my.cbox.ws/ZIGPLACE You can make the box much bigger by clicking this link ZIGPLACE - Cbox
Zig’s Place Chat and News Monday AM 4-5-21
.Zig’s Place Chat and News Monday AM 4-5-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Butterfly A slight decrease in the dollar exchange rate on the local stock exchange
Monday 05, April 2021 13:11 The exchange rate of the dollar fell on the main stock exchange in Baghdad today, Moday.
The central Al-Kifah and Al-Harithiya Stock Exchanges in Baghdad recorded 146,800 dinars, compared to 100 US dollars.
Al-Kifah Stock Exchange recorded 147,000 at its opening Sunday morning.
While the selling and buying prices have stabilized in the exchange shops in the local markets in Baghdad, as the selling price reached 147,250 dinars, and the purchase price of 146,250 dinars per 100 US dollars. "
Zig’s Place Chat and News Monday AM 4-5-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Butterfly A slight decrease in the dollar exchange rate on the local stock exchange
Monday 05, April 2021 13:11 The exchange rate of the dollar fell on the main stock exchange in Baghdad today, Moday.
The central Al-Kifah and Al-Harithiya Stock Exchanges in Baghdad recorded 146,800 dinars, compared to 100 US dollars.
Al-Kifah Stock Exchange recorded 147,000 at its opening Sunday morning.
While the selling and buying prices have stabilized in the exchange shops in the local markets in Baghdad, as the selling price reached 147,250 dinars, and the purchase price of 146,250 dinars per 100 US dollars. "
butterfly Al-Rafidain Bank raises small business loans to 25 million dinars
Monday 05, April 2021 11:58 Al-Rafidain Bank announced raising the amount of small-business loans for citizens to 25 million dinars.
The bank’s media office said in a statement that: "It has been decided to increase the amounts of granting small projects loans to 25 million dinars."
The bank called on citizens, owners of shops and other professions of all kinds, to take advantage of this loan and apply for it in the bank’s branches throughout Baghdad and the provinces, stressing that the loan repayment period is 5 years.
butterfly Oil Prices Fall After Previous Gains Supported by "OPEC +" Decision
Monday 05, April 2021 11:39 Oil prices fell today, Monday, canceling strong gains achieved in the previous session, which were supported by the decision of "OPEC +" to gradually reduce some of its restrictions on production between May and July of this year.
Brent crude futures fell, by this morning, by 1.46% to $ 63.91 a barrel, while West Texas Intermediate crude fell 1.42% to $ 60.92 a barrel.
The contracts of both contracts were settled by more than two dollars a barrel last Thursday, as investors considered that the decision of "OPEC +" confirmation of a recovery led by demand, and optimism increased due to US President Joe Biden's plan to spend on infrastructure, and allocate two trillion dollars for that.
And the countries of the "OPEC +" agreed:
Analysts at "Goldman Sachs" bank said that the decision indicates a caution on the part of "OPEC +", as it seeks to avoid a surplus in supplies in the market. The bank expects a strong recovery in oil demand this summer, which requires an additional two million barrels per day of "OPEC +" production, from July to October next.
butterfly Mahmoud Othman to / NINA /: Joint financial and technical committees from Baghdad and the region to implement the budget agreement
Monday 05, April 2021 09:07 Independent Kurdish politician Mahmoud Othman announced that joint financial and technical committees from Baghdad and the region will soon start direct talks to implement the budget agreement related to the region’s share.
He said in a statement to the Iraqi National News Agency / NINA /: “The implementation of the budget agreement regarding the region’s share depends on the success of the direct discussions of the technical and financial committees between Baghdad and the region, which will begin soon.” Agreeing on it in the budget, and this matter is auspicious. "
Othman indicated that there are some political blocs that are not satisfied with the region's share of the budget and are waiting for the agreement between Baghdad and the region to falter to take a new position.
He added: "According to the agreement in the budget, the sums that will be sent from the region to the center are more than the sums that will be sent from Baghdad to the region, and this matter is a complicated matter and therefore we do not know the formula in which the agreement between them will be implemented according to it, and therefore we are waiting for the meeting of the new committees."
butterfly https://www.iraq-businessnews.com/2021/04/05/uae-announces-3bn-investment-in-iraq/ UAE announces $3bn Investment in Iraq5th April 2021 The United Arab Emirates (UAE) has announced a $3-billion investment in Iraq, with the aims of strengthening economic and investment relations, creating new opportunities for cooperation and partnership and advancing developmental growth to support the Iraqi people.
The initiative was announced following Iraqi Prime Minister Mustafa Al-Kadhimi's official visit to the UAE on Sunday, during which he met with His Highness Sheikh Mohammed bin Rashid Al Maktoum.
In a statement, the Iraqi Government said it also appreciated the UAE's initiative to rebuild Al-Hadba Minaret, the Al-Nuri Mosque as well as a number of churches in Ninewa province.
butterfly https://www.shafaq.com/en/Economy/Gold-prices-slip-as-strong-U-S-jobs-data-lifts-yields-stocks Gold prices slip as strong U.S. jobs data lifts yields, stocks 2021-04-05 03:29
Shafaq News/ Gold prices eased on Monday as U.S. Treasury yields rose and global stocks gained after better-than-expected jobs data in the United States fuelled optimism over a swift economic recovery.
Spot gold was down 0.3% at $1,723.16 per ounce, as of 0553 GMT. Gold futures were flat at $1,761.20 per ounce.
"Strong payroll data has boosted the dollar and the yields and is weighing on gold prices. I think gold's primary trend is bearish," said DailyFX strategist Margaret Yang.
"Global economic growth is definitely taking a positive turn, however, it is uneven. Growth in the U.S. is particularly strong, but parts of EU are having a challenging time with the third wave of virus."
The U.S. economy created the most jobs in seven months in March as more Americans got vaccinated and the government doled out additional pandemic relief money.
That lifted global stock prices to a more than one-month high on Monday, while benchmark U.S. Treasury yields held near a 14-month peak.
The dollar, however, was steady against its rivals ahead of U.S. services sector data.
U.S. President Joe Biden's announcement of a long-awaited $2 trillion-plus job plan last week has raised some concerns over inflation.
Some investors view gold as a hedge against inflation, but higher Treasury yields, which translate into a higher opportunity cost for holding bullion, have challenged that status.
"It is becoming clear to me that gold's sensitivity is not to future inflation expectations, but rather, to moves in U.S. bond yields, notably the 10-year tenor," said OANDA senior market analyst Jeffrey Halley in a note.
Elsewhere, silver fell 1.1% to $24.70 per ounce and palladium was down 0.8% at $2,645.98.
butterfly Platinum dipped 0.1% to $1,208 per ounce after hitting its highest since March 18 in the session at $1,218.
butterfly https://www.shafaq.com/en/Economy/Iraq-ranks-the-first-as-the-most-country-importing-Turkish-products Iraq ranks the first as the most country importing Turkish products 2021-04-05 02:09
Shafaq News / Iraq topped the neighboring countries in importing from Turkey.
The Turkish Ministry of Trade and the Turkish Exporters Council stated that “Turkey's total exports in the first quarter of 2021 reached 50 billion dollars,” noting that “the exports to neighboring countries recorded 4 billion, 327 million and 858 thousand dollars in the period between January and March 2021.” .
According to Ministry’s data, "Iraq tops the list of the neighboring countries in importing goods by 1,875,111 thousand dollars, Bulgaria ranked second with 766,300 thousand dollars, then Greece with 589,026 thousand dollars, Iran with 481 million dollars, and Syria with 324,536 thousand dollars and Georgia with 291,884 thousand dollars. "
The Ministry of Trade indicated that chemical materials and products are the top exported goods, followed by grains, pulses, oilseeds, then furniture, paper.
butterfly https://www.shafaq.com/en/Iraq-News/Makhoul-dam-construction-to-begin-on-May-1-Minister-says Makhoul dam construction to begin on May 1, Minister says 2021-04-05 07:43
Shafaq News/ The Iraqi Ministry of Water Resources pushed forward "Makhoul Dam", with the construction scheduled to take place early next month.
The Minister of Water Resources, Eng. Rachid Mahdi al-Hamdani, said that the construction of the dam lying between Kirkuk and Saladin will begin on May 1, after the Ministry of Planning ratified the project documents submitted by his Ministry.
In spite of the boost that the Makhoul dam could provide to Iraq's water security, controversy emerged around the strategic dam. The construction of the dam mandates depopulating three administrative units in Kirkuk and Saladin amid fears of scarce living resources in the units relying primarily upon agriculture and livestock.
butterfly Enough to keepyou busy until I return from doctor's appointment. Have a great morning.
Sheila Zig deadline is getting closer... lolol
sheila Zig no worries, just RV already
Zig sheila : Yeah...I was really looking forward to having to pay you and I am not kidding!!....lol
Sheila Zig not over ... yet
Sheila Earthquake in California, April 5, 2021... https://www.youtube.com/watch?v=n56__zlcAFE
Dave Representative economy: The next stage will be the stage of approving the partnership law between the private and public sectors
Dave Economy News _ Baghdad The Parliamentary Economic and Investment Committee stated, on Sunday, that the next stage after approving the budget will be the stage of approving economic laws that support the Iraqi economy and contribute to providing quality local products that match the importer.
Committee member Nada Shaker Jawdat said in an interview with Al-Sabah newspaper, followed by Al-Iqtisad News, that “one of the most important laws that efforts must be poured into at this stage is the partnership between the private and public sectors, and other important laws that are in the interest of correcting the economic situation. ».
She added that “the human potential is able to change the Iraqi economic reality to its best with the support of legislation, including the partnership law between the private and public sectors, which contributes to the industrial development of the country and supports it economically and provides a large cash block at home.”
Jawdat pointed out that “strengthening and correcting the local industry and relying on it is the best solution to avoid the high prices of imported products, which constitutes a successful action plan for ministries to evaluate their factories in two ways. Either offering it for investment or evaluating it and working to operate it with local competencies and expertise, in addition to relying on pushing development and benefiting from the manufacturing plans adopted by factories in neighboring or international countries in manufacturing products with Iraqi expertise.
https://economy-news.net/content.php?id=24706
Dave "Next Stage}
Parliament welcomes Al-Kazemi’s tour to Saudi Arabia and the Emirates: Iraq will return to its leadership role
Dave Report: Alsumaria News The visit of Prime Minister Mustafa Al-Kazemi to the Emirates and before it to Saudi Arabia received a great parliamentary welcome, while a parliamentarian described those visits as necessary and important to return Iraq to its Arab incubator and its pivotal role, the Parliamentary Foreign Relations Committee confirmed that the legislative authority It will start with parliamentary visits to many Arab countries that have concluded agreements in order to sponsor these agreements and implement them in a way that serves the supreme interests of all, while another deputy indicated that the House of Representatives is ready to legislate any laws that the government needs and are in the interest of Iraq and the implementation of agreements concluded with Arab countries.
https://www.alsumaria.tv/news/%D8%B3%D9%8A%D8%A7%D8%B3%D8%A9/378246/%D8%AA%D8%B1%D8%AD%D9%8A%D8%A8-%D9%86%D9%8A%D8%A7%D8%A8%D9%8A-
Dave ready to legislate any laws that the government needs and are in the interest of Iraq and the implementation of agreements concluded with Arab countries.........
Doug_W https://www.alsumaria.tv/news/%D8%B3%D9%8A%D8%A7%D8%B3%D8%A9/378246/%D8%AA%D8%B1%D8%AD%D9%8A%D8%A8-%D9%86%D9%8A%D8%A7%D8%A8%D9%8A-
Dave hmmmm......
Dave https://www.alsumaria.tv/news/.......Hope they have no affiliation with CNN........
Zig Dave : "Hope they have no affiliation with CNN".....Why?
Dave Zig have found recent news encouraging though
Zig Dave : Encouraging....I suppose
Dave hopium that your down 10% by Wednesday!
Zig Never happen....lol
Dave hopium AINT a bad thing!
Dave Dreams give us purpose
Zig Dave : In moderation....like you and ice cream....lol
Dave UBER Rich Wednesday...oh oh....Moderation down the toilet
Dave prolly kill myself test driving a super car...reflexes not like before
Dave will possibly start to get slightly excited if i see the Budget posted in Gazette
Dave lots tied up in that........
Zig Dave : Unfortunately nothing about this excites me any longer :Yawn:
Dave Zig passing the Budget........first time they passed anything other than traffic laws
Dave not 100% sure of that going down though.....
Dave a lil hopium if it does
Dave Hcl 140 seems it may be tied up within the articles somehow.....????
Dave Oil proceeds from the disputed territories a big issue for the Kurds........
Zig Dave : I am quite sure they have passed other things quite often
Dave Zig NODDA germain to our investment
Dave Yes Vets can now use meds
Dave Private Banking Laws....Federal Courts HCL art 140 benchmarks fer me
Dave we still await the Constitutionality of Kurdish Claims......Federal Court judges yet to decide?
Dave have been counting up all the displaced folks from Kurdistan.....
Dave BUTTERFLY.........good news lately......?
Dave whats that hold up on that 2.4 billion owed to kuwait......Do that in a heart beat.......Figure that could force CBI's hand to do something that they are not quite ready for.....????
Dave https://sanctionsmap.eu/#/main
Dave ttps://sanctionsmap.eu/#/main/details/19/?search=%7B%22value%22:%22%22,%22searchType%22:%7B%7D%7D
Zig If you access this chat via https://my.cbox.ws/ZIGPLACE You can make the box much bigger by clicking this link ZIGPLACE - Cbox
Zig’s Place Chat and News Sunday PM 4-4-21
.Zig’s Place Chat and News Sunday PM 4-4-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Butterfly Agricultural Value Chain Study in Iraq 4th April 2021 The Food and Agriculture Organization of the United Nations in Iraq (FAO) and the United Nations World Food Programme (WFP) released today 'Agricultural value chain study in Iraq: Dates, Grapes, Tomatoes and Wheat.'
This important review covering 2019-20 was conducted with the aim of identifying priority needs and interventions associated with the rehabilitation and long-term competitiveness of Iraq's agricultural sector through an analysis of market linkages and bottlenecks in key value chains.
Zig’s Place Chat and News Sunday PM 4-4-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Butterfly Agricultural Value Chain Study in Iraq 4th April 2021 The Food and Agriculture Organization of the United Nations in Iraq (FAO) and the United Nations World Food Programme (WFP) released today 'Agricultural value chain study in Iraq: Dates, Grapes, Tomatoes and Wheat.'
This important review covering 2019-20 was conducted with the aim of identifying priority needs and interventions associated with the rehabilitation and long-term competitiveness of Iraq's agricultural sector through an analysis of market linkages and bottlenecks in key value chains.
"We have produced a comprehensive study for the sector that provides a lot of insights into a number of prospective value chains for investments. We have come to realize that we need to have a holistic approach if we want to be successful. This requires us to consider weaknesses across the whole value chain and form partnerships to address the various needs. This would for sure provide us with the best chances for success, and create many sustainable jobs," said Dr. Salah El Hajj Hassan, FAO Representative in Iraq.
butterfly FAO and WFP together with the REACH Initiative conducted a cross-national market and gender-sensitive value chain analysis in Iraq, using desk reviews and analysis of secondary data, supported by individual interviews, focus group discussions with farmers, and key informant interviews with actors and experts along each value chain.
The findings include the need to improve services required for the agriculture sector, identify the requirements at different stages of the production cycle, unlocking investments to improve agricultural practices in order to increase the revenue for farmers and traders, in addition to highlighting the importance of strengthened cooperation and collective action in marketing, branding, packaging and procurement.
"This analysis identifies the opportunities to better market and add value to these key foods in Iraq - dates, grapes, tomatoes and wheat," said WFP Representative in Iraq Abdirahman Meygag. "Together with the government, partners and communities, FAO and WFP are supporting the long-term market competitiveness of these four foods, which will have positive effects throughout the food sector."
The study also recommends identifying new opportunities for public-private partnerships to more strategically facilitate the acquisition and use of fit-to-purpose resources to advance the agricultural sector in Iraq. https://www.iraq-businessnews.com/2021/04/04/agricultural-value-chain-study-in-iraq/
Dave butterfly Iraq......Used to be the agricultural Mecca of the Middle East
butterfly https://www.thenationalnews.com/mena/iraq/iraq-airways-to-start-direct-flights-to-abu-dhabi-in-may-1.1196737 Iraq Airways to start direct flights to Abu Dhabi in May
Flights between Baghdad and Dubai have been operating for over a decade through Emirates Airline and Fly Dubai
Passengers wearing protective masks wait for flights at the departure hall of Baghdad international airport. AFP
Mina Aldroubi April 4, 2021 Iraq Airways plans to start direct flights to Abu Dhabi next month, the company said as Prime Minister Mustafa Al Kadhimi headed to the UAE.
Mr Al Kadhimi has been trying to boost ties between Iraq and Gulf neighbours.
Baghdad needs the support of Gulf states to revive its economy that has been battered by years of conflict and war.
“Direct flights between Baghdad and Abu Dhabi will begin early May,” the company said, according to Iraqi state media.
Flights between Baghdad and Dubai have been operating for over a decade through Emirates Airline and Fly Dubai.
The airlines fly to Baghdad, Erbil, Basra and Najaf.
Flights to Iraq were halted last year due to the outbreak of the coronavirus pandemic but were resumed in July.
Mr Al Kadhimi arrived in Abu Dhabi on his first official trip to the UAE after assuming office last May.
Iraq and the UAE maintain strong relations, especially as Baghdad finds itself caught in the crossfire between Washington and Tehran.
Since his appointment last May, the UAE has shown support for Mr Al Kadhimi.
butterfly On his appointment, the UAE’s Foreign Ministry said it hoped to see Mr Al Kadhimi “succeed in his duties and for political and popular forces to unite in ensuring a better future for Iraq and the Iraqi people”.
Last week Mr Al Kadhimi visited Saudi Arabia where Riyadh announced a joint $3 billion fund with Iraq to spur development in the private sector.
Saudi Arabia's investments in Iraq are expected to increase to 10 billion riyals ($2.67bn) from about two billion riyals at present.
The two countries also agreed to grow co-operation in renewable energy and maintaining stability in the global oil markets, a joint statement said.
Officials signed three new agreements – one to avoid double taxation, another for co-operation in planning for economic diversification and private sector development, and the third on financing Saudi exports.
Updated: April 4, 2021 03:55 PM
butterfly https://www.shafaq.com/en/Iraq-News/MP-calls-for-Reparating-Faili-Kurds-Governments-did-not-do-justice-to-them MP calls for Reparating Faili Kurds: Governments did not do justice to them 2021-04-04 09:20
Shafaq News/ MP of the Iraqi Parliament said on Sunday that the consecutive governments did not do justice to the Faili Kurds, calling for invoking reparation laws and decrees issued for them.
MP Mazen el-Faili said in a press release seen by Shafaq News Agency, "41 years ago, the Baathist regime perpetrated a heinous crime against the Faili Kurds, as he stripped them of citizenship, torn up their families, executed their youth, displaced some, and his oppressive forces threw the elders, children, and women outside the borders."
He continued, "the post-2003 consecutive governments did not do justice to the Faili Kurds...The properties of many of them have not been handed back to them, they did not receive compensations, and the fate of many of them is still unknown."
El-Faili demanded putting the laws and resolutions on the Faili Kurds that have been issued since 2005 into action, including those related to citizenship, IDs, and properties without any delay or procrastination."
"Restituting the confiscated and blocked properties and funds, and granting fair compensations to the families of the martyrs and the victims."
Faili continued, "redressing expatriated, displaced, immigrated Faili Kurds and securing their repatriation to their homelands," calling for securing job opportunities for Faili Kurds residing in Iraq.
The lawmaker demanded the Ministry of Health, the Martyr's Foundation, and the relevant authorities to work to disclose the fate of nearly 20 thousand unaccounted missing Faili Kurds."
butterfly https://www.shafaq.com/en/Report/The-curse-of-666-a-pen-stroke-that-wiped-out-thousands-of-Fayli-Kurds The curse of "666": a pen stroke that wiped out thousands of Fayli Kurds 2021-04-03 11:09
Shafaq News/ The president of the Revolutionary Command Council, Saddam Hussain, decided to remove the Fayli Kurds and carry out mass executions against them in 1980 per Legislative Resolution 666, in which he decided, "Iraqi nationality will be revoked from every Iraqi from foreign origin if it is found that he is not loyal to the country, the people, and the supreme national and social objectives of the revolution."
It is no longer a secret that what actually happened was an exploitation of law to justify a "genocide," as successive events revealed an apparent conspiracy by the former regime to target the Fayli Kurds with a series of steps, sanctions, and measures that combined to produce one of the regime's most heinous crimes.
More than 40 years after one of the epoch's most atrocious crimes, it has become clear that the former Ba'athist regime has focused on targeting the Feyli Kurds to eliminate them; a crime that constitutes genocide under international law by treating them as traitors, denationalization of thousands, mass deportation, confiscation of property and money, imposition of divorce between spouses, and, of course, the disappearance of tens of thousands of civilians. All of that was combined to create a genocide that was kept as a secret doomed to oblivion.
Ironically, Saddam Hussein was not the first initiator or instigator this time, as former president Ahmed Hassan Al-Bakr preceded him in 1970.
butterfly It was clear - after the direct targeting measures - that the Feylis were targeted because they were Kurds, Shiites, active within the framework of the Kurdish and Iraqi nationalist movements and because Saddam Hussein was fueling anti-Iranian ideology in preparation for war with Iran.
Since 1970, the campaign to target The Fayli Kurds has been carried out with arrests and disappearances of countless Kurds in various parts of Iraq. The deportation of large numbers of them to Iran, including ordinary citizens, academics, activists, traders, and others.
During the Iran-Iraq war, many Iraqis were forced to divorce their Fayli spouse, and oppression went so far as to prevent the Fayli Kurds from completing their postgraduate studies.
The resolution signed by Saddam Hussein in 1980 was not merely a dead letter or a resolution that was not implemented. However, it is crucial to see the text of resolution 666, which reads:
Based on the provisions of article 42 (A) of the Constitution: The Revolutionary Command Council decided at its meeting on May 7, 1980:
1. Iraqi nationality shall be revoked from every Iraqi of foreign origin if it is found that he is not loyal to the country, the people, and the supreme national and social objectives of the revolution.
2. The Minister of the Interior shall order the removal of all those who have disclaimed Iraqi nationality under paragraph (1) unless they are convinced on sufficient grounds that their stay in Iraq is a matter of judicial or legal necessity or the preservation of the rights of those who are not officially documented.
3. This decision shall be implemented by the Minister of the Interior.
butterfly The text was then followed by the signature of Saddam Hussein, chairman of the Revolutionary Command Council.
The Fayli Kurds have been in the areas where they live in Iraq and some parts of Iran for decades; before establishing the modern Iraqi state itself or establishing the Ba'ath party.
They have lived in Basra, the border areas, the southern provinces, Baghdad, Al-Sulaymaniyah, and other northern regions.
Therefore, the allusion in the resolution to "foreign origin" or dependency to drop citizenship is an explicit offer of exclusion and extermination to those who are not approved by the security authorities or the ruling political system. With all the illogical implications that this means not only in Iraq but throughout the world.
That crime was "legislated" by Resolution 666, and the campaigns continued to follow the Fayli Kurds in their living areas. At the time, few people knew that these crimes were committed because no one tried to prevent or even denounce it as Saddam Hussein was then the "gatekeeper" against the Iranian revolution that overthrew the Shah's rule in Iran, and therefore a need for some Arab countries - and many Western countries, including the United States, with which high-level coordination and military cooperation have been woven.
butterfly The documents and events that followed the fateful decision show that in addition to stripping them of Iraqi citizenship, confiscating their possessions, displacing them to Iran, and imprisoning tens of thousands of young Kurds between the age of 17 and 35, chemical weapons were also tested on them, according to documents revealed after the overthrow of the former regime in 2003.
The exact numbers of victims are not yet known, as entire families have been wiped out or disappeared, and their fate has not yet been known.
The UN High Commissioner for Human Rights estimated that 65% of the 20,000 refugees in Iran are Fayli Kurds forcibly deported during the genocide. However, this UN estimate was in 2003.
The systematic destruction against the Fayli Kurds indeed stopped during the 1990s, but it was not due to the regime's compassion. Most likely, it was because he believed that the central goal of destroying this segment had achieved its main objectives.
The Fayli Kurds' genocide's repercussions are not yet over, and the Iraqi state - which was established after 2003 - has not done enough to address all the consequences of resolution 666's crimes, nor to re-embrace this segment's people in a way that is befitting to their sacrifices that humanity has not seen alike in other countries in modern times. Though, similar strands can be captured in Germany, in the wars of minorities and races in Yugoslavia, and the barbarity of the genocide between Tutsis and Hutus in Rwanda.
butterfly Although many of the Fayli Kurds have regained their Iraqi nationality - according to the Iraqi Ministry of Displaced in 2010, a large number have not yet been counted due to displacement and forced deportation. The property and homes of those displaced - which were lost as rewards provided by the former regime to its men and associates in various areas - have not been returned to their original "Iraqi" owners.
The fate of thousands, if not tens of thousands of Fayli Kurds, has not yet been revealed, whether those who disappeared after the campaign of indiscriminate arrests in the 1970s and 1980s or who were mass murdered in various parts of Iraq over the long years of genocide.
This situation constitutes a condemnation of the post-2003 regime, as the archives of the former Iraqi regimes have since been available to find out the facts - or most of them - and reveal the bloody period's events.
This reality represents a great disappointment to The Iraqis in general and the Fayli Kurds in particular. They are all promised a just state according to the new Iraqi constitution, which mentions "The suffering of sectarian repression by the tyrannical junta, inspired by Iraq's Shiites, Sunnis, Arabs, Kurds, Turkmen, and other components' martyrs. As well as the violation of the holy cities in the popular uprising of Sha'ban, and the mass graves, the marshes, the sufferings of national oppression massacres in Halabja, Barzan, al-Anfal, and the Fayli Kurds".
A glimmer of hope was sparked by a decision by Iraq's supreme criminal court, which in November 2010 ruled that what happened was a "genocide" and a "crime against humanity." The Iraqi parliament also unanimously declared at its meeting on August 1, 2011, that it was a "crime of genocide" in the complete sense of the word.
butterfly Nevertheless, the graves of the victims have not yet been revealed. On the anniversary of the genocide on April 4, Kurdistan's President Nechirvan Barzani issued a call, "The Iraqi Supreme Criminal Court considered that crime as genocide. So, we call on the Iraqi government to compensate the Fayli Kurds and to fulfill its legal and moral obligations towards them. We call on the Iraqi government to return nationality and confiscated property to its original owners".
butterfly https://www.kurdiu.org/en/b/485098 The Iraqi Parliament is waiting to send the budget law to the Presidency of the Republic
03/04/2021 - 20:10 The Deputy Speaker of the Iraqi Parliament, Bashir Al-Haddad, confirmed, on Saturday, that the 2021 Budget Law will not be sent to the Presidency of the Republic now.
Al-Haddad announced that the draft budget for 2021 will be referred to the relevant department, while it is likely that it will be approved by the Presidency of the Republic during the current week.
Al-Haddad said in a press statement, that "after the Parliament voted on the draft federal budget law for 2021, the draft law was transferred to the relevant department for review and scrutiny."
He added, "After the budget is approved, the Parliamentary Affairs Department will check the articles of the law and match their texts to the final version before sending them to the Presidency of the Republic."
He noted, "sending the law to the President of the Republic during this week for approval and publishing it in the Official Gazette, to enter into force after the Ministry of Finance issued instructions for implementing the budget."
Butterfly Al-Rafidain Bank begins launching the salaries of retirees for the month of April
Sunday 04, April 2021 19:56 | Al-Rafidain Bank announced that it will start distributing the salaries of civilian and military retirees for the current month of April.
A statement by the bank stated: The salaries were disbursed through electronic payment tools.
He added that retirees can collect their salaries from anywhere they are.
butterfly Finance begins launching the retirement salaries for the month of April / extended
Sunday 04, April 2021 19:46 Today, Sunday, the Ministry of Finance began raising the salaries of civilian and military retirees for the month of April.
In a statement, she said, "The Ministry's Accounting Department has begun to raise the salaries of civilian and military retirees for the current month of April."
The ministry affirmed that "the departments of the Rasheed and Rafidain Banks and the National Retirement Authority have completed the procedures for paying the salaries of civilian and military retirees for the current month of April via electronic payment cards."
The Ministry called on all civilian and military retirees who will receive text messages to review bank branches and automated teller outlets in Baghdad and the governorates to receive their salaries.
Dave todays Date: 4321......hmmm
butterfly Dollar Exchange Rates In Local Markets
Market Economy News _ Baghdad Al-Eqtisadiah News publishes the exchange rates of the dollar against the Iraqi dinar on Saturday (April 3, 2021).
Sale price: 147,000 dinars per $ 100 Purchase price: 146.750 dinars per $ 100
Date added 04/03/2021 https://economy-news.net/content.php?id=24697
butterfly I found this statement quite interesting: Parliamentary Committee Demanding The Distribution Of Salaries Of Employees In Dollars
Butterfly Al-Jubouri: 900 billion dinars were allocated in the budget for lecturers, procedures, and contracts / expandedHead of the Parliamentary Finance Committee, Haitham Al-Jubouri, confirmed that the solution to the issue of the free lecturers is in the hands of the Ministry of Education and the Council of Ministers.
Al-Jubouri said in a televised statement, that "the budget has been subjected to a lot of pressure because it is close to the elections and the financial crisis that struck the country," stressing that "the budget is like any law that cannot be agreed upon by everyone."
He added, "The process of distributing funds in light of the financial deficit is difficult," noting that "the pressure of expenditures and reducing the deficit was the goal of the Finance Committee in the budget."
He explained, "The real deficit was 80 trillion dinars, and the Finance Committee was able to reduce it to 29 trillion within 3 months," stressing that "95% of the blocks' requests are in the interest of the Iraqi people."
He pointed out that "900 billion dinars were set in the budget for the lecturers, procedures and contracts, and a text was put in place to oblige the Ministry of Education to issue direct orders to the lecturers," noting that "the Council of Ministers can issue a decision for the lecturers."
butterfly He stressed that "the issue of the lecturers is resolved in the hands of the Ministry of Education and the Council of Ministers," noting "the confirmation of contracts for those whose service exceeded the five years in all ministries, provided that the ministries' allocations are sufficient for their confirmation."
He pointed out that "the budget is devoid of any deductions for the salaries of employees and retirees," stressing that "the salaries of the three presidencies decreased by 60%."
He continued, "The total salaries of employees in 2003 amounted to 6 trillion dinars, while today, according to the draft budget that came from the government, it amounts to 54 trillion dinars," indicating that "it is assumed that the salaries of employees do not exceed 12 trillion dinars, relative to the number of the population."
butterfly And that "the solution in employment can be achieved by supporting investment and the private sector and not relying on the government sector," stressing that "any reform issue included in the budget will face charges."
He pointed out that "the Finance Committee was able to raise the allocations for the provinces from 2.5 trillion dinars to 10 trillion dinars," stressing that "the region's share is 12.6% in the budget." Sunday 04, April 2021 23:35
Butterfly Water Resources It was decided to construct a new dam on the Tigris River
Sunday 04, April 2021 23:44 The Ministry of Water Resources decided to construct a new dam on the Tigris River, north of the Mosul Dam.
The ministry stated in a statement, today, Sunday, "Based on the directives of the Minister of Water Resources, Mahdi Rashid Al-Hamdani, and in line with the program adopted by the ministry to confront the challenges posed by climate change and the water scarcity conditions expected in the coming years, the ministerial committee consisting of a number of experts and general directors held a number of From the ministry's formations, a meeting was held to study the construction of a dam on the Tigris River north of the Mosul Dam, in the area near the Turkish-Syrian border.
She added, "During the meeting, it was decided to conduct intensive investigations and approach a number of sober international companies in the field of dam designs to present their offers on the matter," noting that "the committee has set a time-bound limit for completing these steps and moving quickly to the next stages."
butterfly The Ministry of Health provides guidance to avoid damages to the sulfur cloud coming from Italy
Sunday 04, April 2021 23:52 The Environmental Information and Awareness Department at the Ministry of Health affirmed that: "There is no need for great fear of the sulfur cloud coming from Italy towards the countries of the region and Iraq during the next twenty-four hours."
The Environmental Awareness and Information Department advised to continue wearing masks, closing windows, adopting air-conditioning equipment and tightening the covers on water tanks to avoid any damage from the sulfur gas associated with the cloud.
Butterfly http://wam.ae/en/details/1395302924241 Sun 04-04-2021 23:00 PM
UAE announces $3 bn investment in Iraq: Joint Statement ABU DHABI, 4th April, 2021 (WAM) -- The UAE Sunday announced $3 billion investment in Iraq in a fresh bid to strengthen the economic and investment relations between the two fraternal nations.
The new investments are aimed to tap new prospects of partnerships between the two countries and accelerating socio-economic and developmental growth in support of the people of Iraq.
Within this context, the UAE and the Republic of Iraq have issued the following joint statement at the conclusion of the official visit of Dr. Mustafa Al Kadhimi, Prime Minister of Iraq, to the Emirates:
"In line with the fraternal relations and close historical ties between the UAE and brotherly Republic of Iraq, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, met with Dr. Mustafa Al Kadhimi, Prime Minister of Iraq, who paid an official visit to the UAE.
The Iraqi premier thanked the UAE under the leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, for its support for Iraq and its people.
butterfly The visit included a series of official meetings on broadening the prospects of cooperation between the two nations on all fronts for their common interests, with the two sides hailing the depth and strength of their fraternal relations. They reviewed the latest regional and international developments and underlined the importance of ensuring international cooperation in the face of the COVID-19 pandemic and containing its economic and medical fallout on the entire world.
The Iraqi prime minister thanked the UAE for its medical support, sent to help Iraq and its people face the health crisis.
The two sides agreed to grow economic cooperation and accelerate trade and investment exchanges, urging their businessmen to exchange visits. They also agreed on establishing the Iraqi-UAE Business Council and to streamline all the measures in the service of the two nations and their peoples.
Within this context, the UAE announces it will invest $3 billion in the fraternal Republic of Iraq. The initiative aims to solidify economic and investment ties, tap fresh prospects of cooperation, and spur developmental and socio-economic growth in Iraq.
Iraq commends the UAE's initiative to renovate Al Hadba Minaret, Great Mosque of al-Nuri and a number of churches.
The two sides also doubled down on the importance of strengthening security and defense cooperation and intelligence sharing in the fight against terrorism . They also agreed on propelling energy cooperation, specially in the fields of clean energy.
At the end of his visit, the Iraqi premier thanked the UAE, leadership, government and people, for the warm welcome and hospitality he received during the visit."
Butterfly https://www.shafaq.com/en/World/Worldwide-COVID-19-case-Loads-over-130-million-cases-John-Hopkins-says Worldwide COVID-19 case Loads over 130 million cases, John Hopkins says 2021-04-04 01:35
Shafaq News/ The overall global COVID-19 caseload has surpassed the grim milestone of 130 million as the pandemic is still raging, while the deaths have surged to more than 2.8 million, according to the Johns Hopkins University.
In its latest update, the US university revealed that the current global caseload and death toll stood at 130,643,579 and 2,844,807, respectively, with a mortality rate of 2.18%.
The US has so far logged 30,668,826 cases, with 554,779 fatalities.
The North American country has been sowing the world's highest number of cases and deaths since the beginning of the pandemic.
In Brazil, a total of 12,953,597 people have so far been found infected with the virus. The death toll in the country stood at 330,193 as per the university data.
Mexico is the third worst-hit country in the world in terms of deaths, as it has recorded 203,854 deaths as of Sunday morning. India’s total case count currently stand third at 12,392,260.
NORV More float juice!
NORV Raising the exchange rate ... A statement from the General Manager of the Central Bank expected a decline in the withdrawal for two reasons
22:01 4/2021/04 Baghdad Today - Follow-up The Director General of Accounting at the Central Bank of Iraq, Ihssan Shamran, confirmed that the process of raising the exchange rate of the dollar in Iraq constituted protection for the borders without guards or weapons, referring to the smuggling of hard currency outside the country that was previously urged.
Ihssan Shamran said, in a press statement, that "the coming period will witness a decline in the withdrawal of the dollar in Iraq, especially after two clear initiatives that the Iraqi economy will recover, and that we will not need to import from neighboring countries, because Iraq will produce what it needs from the materials, such as the tomato crop, and "others." The local production will be sold in Iraqi dinars.
Shamran added, "The process of raising the exchange rate of the dollar imposed protection at the borders without guards and without weapons, nor smuggling operations through the transfer of funds after purchasing the dollar at a low price inside Iraq."
The Director General of Accounting at the Central Bank confirmed that the Iraqi producer and farmer needed protection, and there is no such thing as an economic collapse in Iraq, because the country possesses oil and agricultural resources.
NORV The economic expert, Rasim Al-Aqidi, had said earlier, that "the high exchange rate of the dollar after the approval of the Iraqi budget for the year 2021, is not surprising to us, and we expected it several weeks ago," noting that "the government adopted the framework of the floating of the dollar to legalize its sale and prevent its smuggling." To the outside, in various ways, but at the same time it lost control of the system of price movement of goods and materials, especially basic foodstuffs.
Al-Aqidi added, in an interview with (Baghdad Today), that "the government is currently fighting a hidden war with multiple tools working abroad for the benefit of regional countries, and is seeking to strike the financial policy adopted by Baghdad, after the decision to raise the dollar exchange rate," indicating that "the war comes." In terms of importing materials imported illegally or obtaining discounts, as well as tax evasion.
He continued, "Under the current circumstances, the dollar has become subject to the framework of free floatation in the manner of speculation, supply and demand, which means that its rise to the top is very likely, but in return the government will not push into pumping large sums of money in an attempt to thwart what those parties and tools want."
The economist pointed out, "The government unfortunately lost the principle of a sensitive balance between local production and its ability to cover market needs, so there is no consensus or coordination between the relevant departments in order to provide production and marketing requirements, and this is not in the government's interest."
https://baghdadtoday.news/ar/news/150130/%D8%B1%D9%81%D8%B9-%D8%B3%D8%B9%D8%B1-%D8%A7%D9%84%D8%B5%D8%B1%D9%81-%D8%AA%D8%B5%D8%B1%D9%8A%D8%AD-%D9%85%D9%86-%D9%85
NORV noting that "the government adopted the framework of the floating of the dollar to legalize its sale and prevent its smuggling."
NORV "Under the current circumstances, the dollar has become subject to the framework of free floatation in the manner of speculation, supply and demand,
NORV :Float: :Float: :Float:
Zig If you access this chat via https://my.cbox.ws/ZIGPLACE You can make the box much bigger by clicking this link ZIGPLACE - Cbox
Zig’s Place Chat and News Sunday AM 4-4-21
.Zig’s Place Chat and News Sunday AM 4-4-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
butterfly https://www.shafaq.com/en/Economy/80-of-the-budget-income-is-loans-MP-says 80% of the budget income is loans, MP says 2021-04-04 05:02
Shafaq News/ MP Nada Shaker Jawdat, member of the Parliamentary Economic and Investment Committee, revealed today, Sunday, that 80% of the 2021 budget consists of loans, reiterating the need for an austerity reform budget.
Jawdat said in a statement to Shafaq News Agency, “the Iraqi money was wasted due to corruption. This prompted us to lay a budget that consists of 80% loans,” indicating, “resorting to borrowing is the easiest thing for them to do and it does not expose their incompetence to the citizens.”
She added, “the loans will strap the country to debts that should be paid later with big interests,” affirming “the need for an economic austerity reform budget, the main focus will be on establishing productive factories which will provide jobs and local commodities and materials instead of importing them, and it might also produce an excess to be exported.”
Zig’s Place Chat and News Sunday AM 4-4-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
butterfly https://www.shafaq.com/en/Economy/80-of-the-budget-income-is-loans-MP-says 80% of the budget income is loans, MP says 2021-04-04 05:02
Shafaq News/ MP Nada Shaker Jawdat, member of the Parliamentary Economic and Investment Committee, revealed today, Sunday, that 80% of the 2021 budget consists of loans, reiterating the need for an austerity reform budget.
Jawdat said in a statement to Shafaq News Agency, “the Iraqi money was wasted due to corruption. This prompted us to lay a budget that consists of 80% loans,” indicating, “resorting to borrowing is the easiest thing for them to do and it does not expose their incompetence to the citizens.”
She added, “the loans will strap the country to debts that should be paid later with big interests,” affirming “the need for an economic austerity reform budget, the main focus will be on establishing productive factories which will provide jobs and local commodities and materials instead of importing them, and it might also produce an excess to be exported.”
She continued, “all countries resort to borrowing to establish productive projects except for Iraq, who borrows for consumption.”
“All the previous budgets, even the current one, are explosive; however, they have no achievements to be spoken of.”
On Wednesday, the Iraqi Parliament voted on the federal budget bill for the fiscal year of 2021, with a deficit exceeding 28 trillion dinars.
The general budget revenues amounted to 101 trillion Iraqi dinars, while expenditures were estimated at 129 trillion dinars.
XYZ Watch: Deputy PM and Minister of Finance @AliH_Allawi says that the reform programme in Iraq aims to create an enabling state, one that serves all Iraqis: https://twitter.com/IraqiGovt/status/1378331701122859009
xyz Florida county under state of emergency as reservoir with millions of gallons of "contaminated, radioactive wastewater" could collapse "at any time" https://www.cbsnews.com/news/florida-state-of-emergency-wastewater-leak/
EYEGUY xyz yep not good ...this is close to me
xyz A STATE of emergency has been declared in Florida after a leak at a large pond of wastewater threatened to flood homes and roads with billions of liters of radioactive waters. https://www.the-sun.com/news/2632716/florida-evacuation-radioactive-water-tampa-bay/
xyz EYEGUY indeed not good
butterfly https://www.shafaq.com/en/Economy/Dollar-Dinar-rates-rise-in-Baghdad-and-Erbil Dollar/Dinar rates rise in Baghdad and Erbil 2021-04-04 02:37
Shafaq News/ The Dinar/Dollar exchange rates surged in the Iraqi market today, Sunday.
Shafaq News Agency correspondent said that Al-Kifah and al-Harithiya stock exchanges are trading the 100 US dollar at 147000 Iraqi dinars, compared to 146400 dinars on Thursday morning.
Our correspondent added that today's selling and buying prices in the local markets rose to 147500 and 146500 dinars per 100 dollars.
In Erbil, the capital of the Kurdistan Region, the dollar price also climbed, as the selling price reached 148,100 dinars, while the purchase price amounted to 146,800 dinars per 100 US dollars.
butterfly https://www.shafaq.com/en/Kurdistan/Kurdistan-s-President-congratulated-all-Christians-on-Easter-Day Kurdistan’s President congratulated all Christians on Easter Day 2021-04-03 15:14
Shafaq News / Kurdistan’s President, Nechirvan Barzani, on Saturday congratulated all Christians in Kurdistan and the world on E aster Day.
Barzani said in a tweet "I congratulate all Christians in the Kurdistan Region and the world on the Feast of the Resurrection of Christ."
He added, "Since last year, Easter celebrations have been limited due to the spread of the Covid-19 pandemic, but this holiday is an occasion to remember the resurrection, and it bears a tiding for the coming days."
butterfly http://wam.ae/en/details/1395302924117 Mohamed bin Zayed, Iraq's Prime Minister discuss relations, latest regional developments BU DHABI, 4th April, 2021 (WAM) -- His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Dr. Mustafa Al Kadhimi, Prime Minister of Iraq, held discussions at Qasr Al Watan, Abu Dhabi, on Sunday.
His Highness Sheikh Mohamed bin Zayed and Al Kadhimi tackled ways to enhance the fraternal relations between the UAE and Iraq in various fields in the best interests of the two countries. They also discussed a number of regional and international issues of mutual interest.
The two sides reviewed cooperation in the development, economic, investment and political fields between the two countries. They also explored opportunities to expand cooperation in the health, energy and infrastructure, and work to establish joint vital projects.
Sheikh Mohamed bin Zayed and Iraq's Prime Minister exchanged views regarding a number of issues, as well as the latest regional developments.
Butterfly The upper threshold announces an agreement to establish a clean power station
Sunday 04, April 2021 14:58 | Fayd Al-Qassim Investment Company, affiliated to the Upper Holy Shrine, announced its contract with a well-known international company specialized in producing clean electrical energy to establish a 400 megawatt power plant in the province of Najaf.
The managing director of the company, Falah Muhyiddin, said, "An agreement has been made with a well-respected international company specializing in the field of renewable energy to establish a solar power plant that operates 24 hours every day of the year."
Muhyiddin added, "The station will operate at a capacity of 400 megawatts, and local Iraqi manpower will be used with expertise and competencies, and will contribute to filling a reasonable percentage of the province's electrical energy needs, and we hope that it will be the first step in establishing other stations in Iraq."
To that, the representative of the company, Engineer Raad Al-Obaidi, stated, "The proposed project operates at a capacity of 400 megawatts with clean energy, without fuel throughout the year, and consists of several stages. It is hoped that it will provide hundreds of job opportunities for the engineering and technical competencies of the noble people of Najaf."
butterfly They are moving forward. This time I hope they really mean it.
butterfly Al-Kazemi meets with a number of companies and businessmen in the UAE
Sunday 04, April 2021 16:43 Prime Minister Mustafa Al-Kazemi met, at his residence in the United Arab Emirates, a group of Emirati companies and businessmen. He stressed that the doors of Iraq are open to Emirati companies and businessmen
EYEGUY butterfly would be awesome
butterfly The citizens have suffered for decades.
EYEGUY hard to imagine living in a battleground your whole life
butterfly They are still suffering with the killings from the ISIS and bombings.
EYEGUY terrible
Butterfly Some have received their 1400, but the old folks, with their direct deposits, won't get theirs until Apr7.
Dave butterfly 1400.00 would not get you a 1 bed apartment here.....
Dave rent has gone sideways.....
butterfly It is very expensive living in Canada.
butterfly The Omani ambassador confirms his country's openness to Iraq and cooperation with it in all fields
Sunday 04, April 2021 17:42 Parliament Speaker Muhammad al-Halbousi met today, Sunday, the Ambassador of the Sultanate of Oman to Iraq, Hamid bin Aqeel Abdros.
The Omani ambassador stressed, according to a statement by the Al-Halbousi office, his country's openness to Iraq and cooperation with it in all fields, and the continuation of cooperation in the interest of the two brotherly peoples.
The meeting also witnessed a discussion of a number of issues of common interest, regional situations and everything that would enhance stability and security in the region.
butterfly Hopefully opening up to other countries will help Iraq.
Dave naw... a large bag of dorittos and a 2Lcoke under 5 bucks......a head of cauliflower .more
Dave butterfly Kuwaiti Conference?
butterfly They are opening their doors to all. As that budget stated, it is on "borrowed" money.
Dave Private banking laws for foreign investment passed yet?
butterfly Read this again:....................................2021-04-04 05:02
Shafaq News/ MP Nada Shaker Jawdat, member of the Parliamentary Economic and Investment Committee, revealed today, Sunday, that 80% of the 2021 budget consists of loans, reiterating the need for an austerity reform budget.
Jawdat said in a statement to Shafaq News Agency, “the Iraqi money was wasted due to corruption. This prompted us to lay a budget that consists of 80% loans,” indicating, “resorting to borrowing is the easiest thing for them to do and it does not expose their incompetence to the citizens.”
She added, “the loans will strap the country to debts that should be paid later with big interests,” affirming “the need for an economic austerity reform budget, the main focus will be on establishing productive factories which will provide jobs and local commodities and materials instead of importing them, and it might also produce an excess to be exported.”
She continued, “all countries resort to borrowing to establish productive projects except for Iraq, who borrows for consumption.”
“All the previous budgets, even the current one, are explosive; however, they have no achievements to be spoken of.”
On Wednesday, the Iraqi Parliament voted on the federal budget bill for the fiscal year of 2021, with a deficit exceeding 28 trillion dinars.
The general budget revenues amounted to 101 trillion Iraqi dinars, while expenditures were estimated at 129 trillion dinars.
Dave Heard they got/getting some frozen cash out of Jordan,,,,,120ish billion usd.......?
Dave that would clean the slate ……. Found more in Switzerland.....1 week ago or so......
butterfly the Iraqi money was wasted due to corruption. This prompted us to lay a budget that consists of 80% loans,” indicating, “resorting to borrowing is the easiest thing for them to do and it does not expose their incompetence to the citizens.”
Dave butterfly LOL?
butterfly Yup frozen in Switzerland.
butterfly They still owe Kuwait several billion and they have been returning things they stole from them.
Dave Give that to the SLC.....
Dave butterfly 2.3 billionusd
Dave pay that off...out of Chap7.........?
Dave CBI could cover that no problem........
butterfly They report that their oil revenues were down in March.
butterfly Dave Corruption..............they need to clean up that first and as it is here in the US, the banks are OUR problem.
Dave butterfly not to same tune as those rascals
butterfly I don't know if people are aware of this, but it has been in place FOREVER.......Every night at midnight, all funds in the bank are traded.
butterfly That is why they don't want you to touch your money.
butterfly The look on their faces when you tell them what you know is..............priceless.!
Dave Figure CBI likes staying Chap7.......Iraqi Govt ddeserves Squat due to all the corruption
Dave CBI RVs.......the rich only get much much richer
butterfly It will continue until the citizens step up and tell them they have had enough, otherwise it will continue.
Dave COUP!!!
Dave almost...dang CV....
butterfly As I've stated over and over, when you have a dictator telling you when you can (****), nothing will change.,
Dave 2 steps forward 1 step back
butterfly Iraq participates in the regional dialogue meetings on climate change in Abu Dhabi
Sunday 04, April 2021 18:35 Minister of Health and Environment Dr. Hassan Al-Tamimi headed the Iraqi delegation participating in the regional dialogue meetings on climate change, which began today in Abu Dhabi, United Arab Emirates.
A statement by the Ministry of Health stated that the meetings took place with the participation of environment ministers from various Arab countries and in the presence of the US Presidential Envoy for Climate Affairs, John Kerry.
The minister explained the importance of using renewable energy to preserve the environment, explaining Iraq's vision in the issue of climate change and its effects with various economic, environmental and health sectors
butterfly I hope they continue with this.
Dave butterfly Yet they flare billions in natural gas each year?
Dave figure they could of sold that off and purchased some electrical gennies instead of buying electricity from Iran
Dave Iran needs the moola,,,Riyal has really tanked.......hmmm...
butterfly All takes time and "brains" to figure out why they are what and who they are.
Dave butterfly Politicians brilliant....Maintain Immunity and riches
Dave post pone and delay.........
butterfly That is with every country.
Dave Iraqi politicians richest folks on the planet.....often asked "Where did you get That"
Dave Maliki net worth 64 Billion usd.......
butterfly We here in the US have experienced it for decades. As I ask a friend about all of what has happened over and over, he said I don't pay attention to what is going on because every one of them........both parties get involved with the government as poor people and come out very rich people. Our government is and has not been for the people that PAY each one of them that is suppose to SERVE the citizens.
This has gone on for decades. We here in the US, fall way down in the educational system. With us being the richest should be at the top but we fall down in the lower part of the scale.
butterfly It is a shame that people would rather have people tell them how they should think instead of finding/researching the correct way.
Dave USA post WW2 manufactured most of everything produced
butterfly Not any longer
Dave got Fat and lazy?
butterfly We have an abundance of greed here.
Dave China and India worked in sweat shops fer pennies a day........we reeked the benefits until they demanded more?
Butterfly Al-Sadr: Iraq's opening up to the Arab countries is a step towards the right path
Sunday 04, April 2021 20:02 The leader of the Sadrist movement, Muqtada al-Sadr, considered the opening of Iraq to Arab countries a step towards the right path.
Al-Sadr said in his tweet, "The opening of Iraq to the Arab countries is a step towards the right path, whether that is the visit of Brother Al-Kazemi to the Kingdom of Saudi Arabia or the sisterly United Arab Emirates. We have a rich history with the two countries, and we will get with them a prosperous future that brings us together and with them brotherhood, partnership and peace for the sake of our country and their countries." And for Iraq to be the axis of peace in the entire region and the Middle East in particular ..
Sadr concluded his tweet with your hashtag: # Iraq, Saudi Arabia and the Emirates are brothers.
Zig If you access this chat via https://my.cbox.ws/ZIGPLACE You can make the box much bigger by clicking this link ZIGPLACE - Cbox
Zig’s Place Chat and News Saturday PM 4-3-21
Zig’s Place Chat and News Saturday PM 4-3-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Zig EYEGUY : Dinar Recaps copies parts of this chat a lot especially news posted by @butterfly
butterfly I wished I could find the printed version of the 2021 budget.
EYEGUY word takes time to get around ....
Dave Parliament waits to send the budget law to the Presidency of the Republic
Dave The information / Baghdad ..Deputy Speaker of Parliament, Bashir Al-Haddad, confirmed, on Saturday, that the 2021 Budget Law will not be sent to the Presidency of the Republic now.
“After approving the budget, the Parliamentary Affairs Department will check the articles of the law and match its texts to the final version before sending them to the Presidency of the Republic,” Haddad said in a statement.
Zig’s Place Chat and News Saturday PM 4-3-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Zig EYEGUY : Dinar Recaps copies parts of this chat a lot especially news posted by @butterfly
butterfly I wished I could find the printed version of the 2021 budget.
EYEGUY word takes time to get around ....
Dave Parliament waits to send the budget law to the Presidency of the Republic
Dave The information / Baghdad ..Deputy Speaker of Parliament, Bashir Al-Haddad, confirmed, on Saturday, that the 2021 Budget Law will not be sent to the Presidency of the Republic now.
“After approving the budget, the Parliamentary Affairs Department will check the articles of the law and match its texts to the final version before sending them to the Presidency of the Republic,” Haddad said in a statement.
He favored “sending the law to the President of the Republic during this week for approval and publishing it in the Official Gazette, to enter into force after issuing instructions for implementing the budget by the Ministry of Finance.” Ended / 25 h https://almaalomah.org/2021/04/03/528315/
Zig Recaps also posts all the Guru stuff...lol
butterfly This may not interest many but I find it very fascinating:................https://ninanews.com/Website/News/Details?key=897004
After a century of staying in it, royal mummies in the Egyptian Museum were prepared for editing before the start of the procession
Saturday 03, April 2021 20:40 The National Museum of Egyptian Civilization is preparing to receive the parade of royal mummies, which set off from the Egyptian Museum in Tahrir Square this evening after a century of staying in it in a majestic procession, the world's eyes turn to it.
In this regard, the official page of the Museum of Egyptian Civilization, via Facebook, published pictures of preparing mummies and boxes in the Tahrir Museum in preparation for the procession, before putting them in the cars equipped to transport them on the trip, which were decorated with the flag of Egypt. Shortly before the great procession. "
The huge procession includes / 22 / a mummy of the ancient kings of Egypt, including King Seknen Ra Taa, who will be the first king to leave the Egyptian Museum according to the sequence of events. And the war continued after him, his two sons Kames and Ahmose the first.
The Egyptian President Abdel Fattah El-Sisi had arrived earlier at the National Museum of Civilization in Fustat to receive the golden procession of the kings and queens of ancient Egypt. ”
President El-Sisi expressed his aspiration to receive the kings and queens of Egypt after their trip from the Egyptian Museum to Tahrir to the National Museum of Egyptian Civilization.
EYEGUY Kazemi calls me with updates LOL
butterfly Dave that will take time so I guess I can stop looking. Lol
Dave Delegations from Kurdistan visit Baghdad to discuss these files?
Dave The Parliamentary Finance Committee revealed, on Saturday, recent visits by Kurdish delegations to Baghdad to discuss several files.
The deputy of the committee, Sherwan Mirza, said, “The Ministry of Natural Resources in the Kurdistan Regional Government will discuss the mechanisms for the delivery of oil imports with the Ministry of Oil and officials in the federal government.”
He added, “The Ministry of Finance and the Office of Financial Supervision in the Kurdistan Regional Government will also settle financial dues with the Ministry of Finance and the Office of Financial Supervision in the federal government.”
Mirza continued, “Technical delegations will visit Baghdad to discuss these issues and settle them between the two sides because the budget law will be implemented retroactively and it needs to know the size of the financial dues for each government during the past months of this year.” Ended 29 / A 43
Dave maybe some hang ups with this budget?
EYEGUY dont Jinx it ....but you know Iraq
EYEGUY later
Dave EYEGUY soory.....
Dave thats why they have 10 days to amend budget before getting it published and make it law....?
Dave butterfly Same games every budget year eh?
butterfly Dave yup
Dave Sad that CV dashed those demonstrators plans......nodda since Abadi resigned
Dave even sadder that Zig keeps his 10% from the sound of it all
Dave Dang scared everyone away........
Zig Dave : You have a knack for doing that
Butterfly Saudi Arabia declares its support and full support for Jordan / Expanded
Saturday 03, April 2021 23:01 The Kingdom of Saudi Arabia announced its full support for Jordan.
A statement by the royal court stated that: Based on what links the Kingdom of Saudi Arabia with the sisterly Hashemite Kingdom of Jordan, in terms of close, solid bonds that consist of brotherhood, belief and one destiny, and an extension of their common history and that their security is indivisible,
the Kingdom of Saudi Arabia affirms its complete stand by the brotherly Hashemite Kingdom of Jordan and its support With all its capabilities, all that His Majesty King Abdullah II bin Al Hussein and His Royal Highness Prince Al Hussein bin Abdullah II, Crown Prince, of decisions and measures taken to maintain security and stability and defuse every attempt to influence them. We ask the Almighty to grant the Hashemite Kingdom of Jordan its security and stability under the leadership of His Majesty King Abdullah II and his trustworthy Crown Prince. /
butterfly US State Department: The Jordanian monarch is a principal partner of the United States and we fully support him
Saturday 03, April 2021 23:17 The US State Department announced that Jordan's King Abdullah is a principal partner of the United States, and we fully support him.
The Jordan News Agency had announced earlier in the day that Sharif Hassan bin Zaid, Basem Awad Allah and others had been arrested for security reasons.
Geo World Benevolence Group:
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Check your spam filter for any Bravenet authorization notifications. Also a Zoom meeting link every Saturday and Wednesday at 2:00pm EST In the newsletter. Ask your questions...Q&A???If you have still have trouble getting the newsletter, send your name and email to geo@worldbenevolencegroup.ca and we can add you
World Benevolence Group, [30.03.21 01:26] [ File : RV-GCR Documents Summary-Generic Mar29-2021.docx ]
RV-GCR Documents Summary-Generic Updated Mar29-2021 https://t.me/W_B_G/801
World Benevolence Group, [30.03.21 02:43]
Any questions will be covered on the next Zoom call on Wednesday April 7th. @2:00 pm EST. A Zoom link will appear here on Wednesday.
RV-GCR Documents Summary-Generic Updated Mar29-2021. The downloadable link above is the total step by step process from start to finish, plus supporting documents that allows the user a relatively worry free experience while exchanging your currency or redeeming your bonds during the RV/GCR future event.
butterfly https://www.shafaq.com/en/Kurdistan/Kurdistan-s-President-congratulated-all-Christians-on-Easter-Day Kurdistan’s President congratulated all Christians on Easter Day 2021-04-03 15:14
Shafaq News / Kurdistan’s President, Nechirvan Barzani, on Saturday congratulated all Christians in Kurdistan and the world on Easter Day.
Barzani said in a tweet "I congratulate all Christians in the Kurdistan Region and the world on the Feast of the Resurrection of Christ."
He added, "Since last year, Easter celebrations have been limited due to the spread of the Covid-19 pandemic, but this holiday is an occasion to remember the resurrection, and it bears a tiding for the coming days."
Dave Iraq signs a memorandum of understanding with Switzerland and discusses the fate of its money in its banks April 3, 2021 Walter
Minister of Foreign Affairs Fouad Hussein discussed, on Saturday, with his Swiss counterpart Ignazio Cassis the fate of Iraqi funds frozen in Swiss banks.
In a joint press conference with the Swiss Minister in Baghdad, Foreign Minister Fuad Hussein said, “We touched on bilateral relations in the fields, and we touched on Iraqi funds frozen in Swiss banks and signed a memorandum of understanding with Switzerland.”
butterfly Baghdad, April 3, 2021, SPA -- Iraqi Prime Minister Mustafa Al-Kadhimi received today a phone call from French President Emmanuel Macron.
According to an Iraqi government's statement, the bilateral relations between the two countries were discussed, during the phone conversation, in all fields, especially the political, economic and cultural, and means to enhance and promote them. They also discussed various regional and international issues of common interest.
Dave butterfly would that mean foreign investment?
Butterfly I don't know but I have noticed they are trying to connect with all of the countries surrounding them. Perhaps they see the light and that they have a lot to offer. Switzerland has froze their moola so that is one of the reasons they are connecting.
Dave lots of frozen moola
butterfly Dave yupper
butterfly apparently you are reading the articles Dave
butterfly Here we go again with that dang "draft"........
.ERBIL (Kurdistan 24) – Kurdistan Region Prime Minister Masrour Barzani issued a statement on Wednesday evening after the Iraqi Parliament approved a draft federal budget bill for the fiscal year 2021.
"With the support of the majority of Kurdish parliamentary blocs, the Federal Parliament approved today the Budget Law, and we hope that this will pave the way for a recovery from the era of difficult economic challenges in Iraq and the Kurdistan Region," Barzani wrote.
He conveyed his “sincere thanks to the negotiating team in the Kurdistan Regional Government (KRG) for persevering in their hard work for many months. I also thank the Kurdish blocs in the Federal Parliament for their strenuous efforts.”
“This law was a compromise and was necessary for Iraq and the Kurdistan Region,” Barzani said, explaining, “We did not achieve everything we sought, but this law is in line with the main principles of the constitution that we did not give up upon, as the rights and duties of both sides have been recognized. We encourage the progress that has been made, and we are pleased with what has been achieved."
butterfly The leader added that, if every article of the budget law is applied, that its full application of the "would do justice to both governments" regarding the financial disputes since 2004, as it "will strengthen a new mechanism between the two supervisory offices" and "enhance confidence and cooperation, two of the essential principles that most of our work is focused on achieving.”
“I spoke today with Prime Minister Mustafa Al-Kadhimi and thanked him for his support, also stressing the need to fulfill these obligations and send financial dues as soon as possible,” said Barzani.
“I also reminded him that Iraq and its people can achieve great things by working with and through Kurdistan,” Barzani continued.
He said that he also spoke with the autonomous region's Deputy Prime Minister Qubad Talabani. “I commended him and the negotiating team for their hard work."
"Today, the budget law has restored a glimmer of hope about the relationship with the federal government, and although the law cannot decide on the long list of problems or end the injustice of the past, I hope that it will contribute to achieving more confidence among the citizens of the Kurdistan Region."
Dave butterfly usually just use searching4 dinar nowadays
butterfly Well with the possible changes in the "draft" that may be the reason it has not hit the Gazette as eyeguy posted earlier.
Dave butterfly 10 -14 days before Gazette to make any changes....
butterfly Geo I have a friend that is on the "committee" regarding what you are posting.
Dave The leader added that, if every article of the budget law is applied, that its full application of the "would do justice to both governments" regarding the financial disputes since 2004, as it "will strengthen a new mechanism between the two supervisory offices" and "enhance confidence and cooperation, two of the essential principles that most of our work is focused on achieving.”
Dave since 2004....hmmm
Geo I don't own a mask and never wear one anywhere. :)
Zig Geo : Where do you live if I may ask?....and welcome to the chat!!
Dave guessing Ohio...........?
Geo East of Toronto Canada
Zig Oh no!!...another Canadian in here???.....LOL....Just kidding....
Geo We have a cabal Prime minister
Zig FYI: This confuses new members and readers at times....lol...When someone refers to "Z" they are talking about @xyz who also goes by the name @Z and in her posts often refers to herself as such in the third person....like when she writes "Poor Z" she is referring to herself.... :Headscratch:
sandyf @butterfly Hi sandyf how are you?
Thanks Butterfly, getting old but keeping well. Not been affected too much here, only about 25K cases and less than 100 deaths. With the weather the way it is can get out and about even if only in the garden. In the latter half of last year the government run a domestic travel promotion with 40% discount on hotels,food and flights so saw some of Thailand never seen before. It run out after Christman but hoping for another shortly. Hope things ok with you.
Zig xyz : I have not gotten the vaccine yet...am a little scared hearing about the side effects some people get....
xyz Zig not that bad though ... Tylenol takes care. Don't be a baby :Chicken:
xyz 4-3-2021 Intel Guru BobTheTaxMan We are coming to a real possible window in April...obviously I'm not saying this is it, glory hallelujah you can count on $3.27 on Friday at 3 o'clock. No it's none of that nonsense.
But there are some things that need to be looked at carefully just in case this does come to fruition in this particular time frame...things have got to be done prior to the RV in order to take advantage of the taxes that are going to be imposed on this particular transaction we're looking at... [Note: Consult your tax and financial experts at the appropriate time to set a strategy that's right your family's particular circumstances.]
Xyz Zig know over 20 people dead cause of covid. One or 2 days side effect is not a reason to be scared
Zig xyz : Yeah...I guess you are right....thanks....awful that so many have died....
2021/04/03 21:55 Readings 79 Section: Iraq
► Central Bank: Iraq will not face economic collapse .. And raising the exchange rate contributed to increasing reserves and preventing currency smuggling
Baghdad / Obelisk: The Central Bank clarified, on Saturday, April 3, 2021, that Iraq will not face an economic collapse, indicating that the increase in the dollar exchange rate increased the bank’s reserves.
The general manager of accounting at the bank, Ihssan Shamran, told local media that the previous period witnessed confusion due to the statements of some politicians and MPs about the return of the exchange rate or not, which contributed to a decrease in the demand for dollars from the bank until the daily sale reached 15 million dollars instead of 200 million.
Shamran went on to say that the process of raising the dollar contributed to not smuggling hard currency and becoming a tool to protect farmers, agriculture and the national product in general, indicating that
this measure provided protection at the borders from imported goods without the use of guards and weapons, at a time when criminal smuggling operations needed evidence and other steps.
The Director General of Accounting at the Central Bank ruled out that the Iraqi economy will witness a collapse because it is considered an oil country, and what is available in it makes it the owner of the last barrel of oil in the world, citing examples that passed over the country, including the events of ISIS in 2014 and the repercussions of the pandemic in 2019.
He added that the Iraqi economic situation will not collapse with the existence of what he described as the wall and arsenal of the country (the central bank),not only by relying on the amount of hard currency reserves,
but also because it is a reservoir for the economic and monetary behavioral assessment not only by relying on the amount of hard currency reserves, but also because it is a reservoir for the economic and monetary behavioral assessment of the country on, as he put it. Follow the obelisk
Zig If you access this chat via https://my.cbox.ws/ZIGPLACE You can make the box much bigger by clicking this link ZIGPLACE - Cbox
Zig’s Place Chat and News Saturday AM 4-3-21
.Zig’s Place Chat and News Saturday AM 4-3-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Xyz A statement from the Minister of Finance regarding the currency’s rate and the state’s performance makes a promise to citizens Baghdad today
xyz draft budget for 2021 will be referred to the relevant department, while it is likely to be approved by the Presidency of the Republic this week.
xyz Central Bank Governor: Iraq is implementing its reform plans
The Central Bank said in a statement that Mawazine News received a copy of, that “his governor participated, as a representative of Iraq, in the spring meetings of the International Monetary Fund.” He stressed during a speech delivered at the meeting, “Iraq is implementing it’s reform plans towards fiscal and monetary policy.”
Zig’s Place Chat and News Saturday AM 4-3-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Xyz A statement from the Minister of Finance regarding the currency’s rate and the state’s performance makes a promise to citizens Baghdad today LINK
xyz draft budget for 2021 will be referred to the relevant department, while it is likely to be approved by the Presidency of the Republic this week. https://www.nasnews.com/view.php?cat=56880
xyz Central Bank Governor: Iraq is implementing its reform plans
The Central Bank said in a statement that Mawazine News received a copy of, that “his governor participated, as a representative of Iraq, in the spring meetings of the International Monetary Fund.” He stressed during a speech delivered at the meeting, “Iraq is implementing it’s reform plans towards fiscal and monetary policy.”
He pointed out, “The Corona pandemic was and still is one of the obstacles facing the Iraqi economy despite the proactive measures that the central bank or the government worked on,” stressing, “the country’s keenness on international and regional openness in a way that serves Iraq’s economic and financial interests.” https://www.mawazin.net/Details.aspx?jimare=147963
Butterfly https://ninanews.com/Website/News/Details?key=896961
Parliament Presidency: The Parliamentary Affairs Department will review the budget law before sending it to the Presidency of the Republic
Saturday 03, April 2021 16:19 The Presidency of the House of Representatives announced that the draft budget law will be referred to the relevant department for review and scrutiny after the House of Representatives voted on the draft federal budget law for 2021.
The Deputy Speaker of Parliament, Bashir Khalil Al-Haddad, said in a press statement, "The Parliamentary Affairs Department will check the articles of the law and match their texts to the final version before sending them to the Presidency of the Republic." The issuance of instructions for implementing the budget by the Ministry of Finance.
The House of Representatives voted in its session held last Wednesday evening on the draft Federal Budget Law 2021.
butterfly https://ninanews.com/Website/News/Details?key=896947
A parliamentary committee reveals to Nina about adding new loans to the budget law before the start of the voting session
Saturday 03, April 2021 15:27 The committee to follow up the implementation of the government program and the parliamentary strategic planning revealed the addition of new loans in the general budget law before the start of the vote on the law, which prompted some blocs and representatives to boycott the voting session last Wednesday.
The head of the committee, Deputy Hazem Al-Khalidi, said in a statement to the Iraqi National News Agency / NINA / that, "The House of Representatives formed a monitoring committee to follow up and audit contracts for the Ministry of Electricity, 4 months ago, which includes the heads of the parliamentary committees, the head of the Office of Financial Supervision and the head of the Integrity Commission, which proved that Iraq is burdened with debt And foreign loans to the year 2048 cannot pay his debts. "
He added that "a paragraph has been added to the General Budget Law related to new foreign loans, in contrast to the mechanism that the House of Representatives appointed in dealing with the loan file," indicating that "a paragraph was added to the settlement with some political blocs half an hour before the vote on the General Budget Law, by increasing the loan. New worth 609 billion dinars, most of which are many expenditures that we do not need. "
The House of Representatives voted, in its session held last Wednesday evening, on the draft Federal Budget Law 2021.
butterfly COME ON FOLKS READ THIS ONE....... https://ninanews.com/Website/News/Details?key=896941
The head of a parliamentary committee demands that the salaries of the next three months be distributed in dollars
Saturday 03, April 2021 14:05 | Head of the Parliamentary Human Rights Committee, Arshad Al-Salhi, called on the government to distribute salaries for the next three months in dollars instead of dinars.
Al-Salihi said in a statement, "Iraq’s revenues last month, according to the Ministry of Oil’s statement, amounted to $ 5.8 billion and given the exposure of the poor segment to the outrageous damage caused by the high price of the dollar against the dinar by the central bank," and because the responsibility entrusted to us is part of our supervisory duties, and based on the principle of preserving Citizen’s rights, we ask the government to distribute salaries for the next three months in dollars so that the aggrieved citizen can return part of his stolen right, noting that “this procedure will lead to a direct increase in the value of the dinar. ”
butterfly https://ninanews.com/Website/News/Details?key=896969
Al-Hakim: Iraq faces six challenges, including completing sovereignty, preserving achievements and balance in relations, and building the Iraqi nation
Saturday 03, April 2021 17:21 The head of the National Wisdom Movement, Ammar al-Hakim, said that Iraq borders six challenges and faces six challenges, stressing the importance of resolving the choice between the paths of stability and instability.
He said in the fourth annual meeting of the General Authority of the movement, the nature of the pivotal stage in which Iraq is living: “The world is experiencing major challenges and that the political priorities of countries with regard to Iraq and the region are no longer the same as the priorities of the previous phase, and Iraq is in a state of rise through the roles it plays in converging views regionally and internationally. Investing in his own capabilities and the absence of actors capable of converging viewpoints.
Al-Hakim added: "The challenges that Iraq has overcome are the challenge of the legitimate occupation with international decisions and the challenge of sectarian strife, as I want Iraq to enter into a fierce sectarian war, but with the efforts of the supreme religious authority and the wise people of all components, we have overcome the sectarian crisis, referring to the third challenge that Iraq has overcome, represented by the challenge of terrorism." And he made Iraq a starting point for destabilizing the security and stability of the region and a focus for militancy and extremism, while Iraq overcame the challenge of division and the collapse of the political system in the fourth and fifth challenges, and overlooked fears of a return to tyranny and one opinion in the sixth challenge.
butterfly Regarding the challenges facing Iraq in the coming stage, he said, "The first challenge is to preserve the achievements made by completing Iraqi sovereignty with the exit of foreign forces that returned at an Iraqi request, recalling his three scandals," neither to combat forces in Iraq, nor to fixed bases, nor to intervene in Iraqi affairs, indicating that among The six challenges facing Iraq in the next phase are preserving the country's unity, preventing a return to sectarian strife, preserving the security achievement, the traditions of democracy, freedom of speech and speech, and the peaceful
transfer of power. The state and ending the state of confusion and fragility that has haunted the Iraqi state since its establishment. The fourth challenge is related to the economy, diversification of sources of income and investment of potentials.
He referred to his call for an administrative revolution in his talk about the fifth challenge, the challenge of management and service, pointing out that the sixth challenge is the ability of Iraq to create a state of balance B in foreign relations and the introduction of positive neutrality through interaction and the search for solutions without Iraq being a party to problems and conflicts.
butterfly He said that the wisdom presented solutions and projects for all the challenges facing Iraq, as he called for a new social contract that paves the way and helps in the formation of a new political contract that is acceptable and not imposed by society.
********************
He also proposed the idea of managing diversity by investing it in Iraq's external relations, pointing out that the wisdom has put forward the project of a transient alliance For the components to end the chaos and reassure everyone, stressing the separation between the forces of the state and the state
Al-Hakim urged members of the General Authority to close ranks, introduce the project, provide service to the general public, work in a team spirit, openness to society, and spread the culture of dialogue, moderation and field movement, stressing biometric modernization and the mobilization of energies.
EYEGUY the head of the Parlimentary Committee can go take a hike
Butterfly https://ninanews.com/Website/News/Details?Key=896971
Wasit decides to add 134 projects to the 2021 plan
Saturday 03, April 2021 17:26 The local government in Wasit approved the governorate's project plan for 2021, through the second quarterly meeting of the local coordinating body, which was held today in the presence of a number of Wasit MPs.
Wasit Governor Muhammad Jamil Al-Mayahi said in a media statement that: "The meeting, which was also attended by heads of administrative units and directors of the concerned departments, discussed the plan of service, agricultural and industrial projects, and in it it was decided to add / 134 / new projects to the plan that were distributed along the geographical map of the governorate according to the needs and deprivation of the regions." .
He added: "The country's federal budget 2021 was not fair to our governorate, especially at the level of project allocations, as we hope to speed up its launch so that we can launch these projects and refer them as quickly as possible, as we look forward to making service and urban change in the governorate after the budget is approved, and we are going and are able." To continue to complete the ongoing service projects in the governorate and to make another new referral that meets the needs of the citizens. ”
EYEGUY I am in the hopes this administration will deal with the issues of the day as well as those that have been kicked down the road butterfly we are running out of road
Zig Received an email from @spec1 AKA @Norm Will post it if I get his permission to do so...or maybe he will post here....not sure...
butterfly OMG.............more and more words from the US......gave me a good laugh though...............
https://www.shafaq.com/en/Iraq-News/Al-Kadhimi-and-co-are-establishing-a-deep-state-in-Iraq-Iran-loyal-faction-says Al-Kadhimi and co are establishing a deep state in Iraq, Iran-loyal faction says 2021-04-03 06:36
Shafaq News/ A leader of Asa'ib Ahl al-Haq pilloried the Iraqi Prime Minister, Mustafa al-Kadhimi, and his advisors, accusing him of establishing "Deep State" status in Iraq.
The leader in the movement, Hasan al-Saadi, said in a statement to Shafaq News Agency, "al-Kadhimi's government is trying to establish a deep state inside the Iraqi state in preparation for the upcoming legislative elections," hinting at cooperation between al-Kadhimi's team of advisors and some political parties.
"They are attempting to plunder the special grades. This plunged Iraq into many security, political, and economic crises."
Al-Saadi called for "obliging al-Kadhimi's government to dissolve and cancel the special grades and continue his duties as an acting PM in June to curb the deep state al-Kadhimi and his government establishing."
Zig Spec1 : Hi...Can I post the email you sent me or would you rather post about what you told me in it here again?
Spec1 Yes go ahead use the silversky.frontier email address silversky@frontier.com
Zig Email from Spec1 AKA Norm... I have been backed up for two days – sorry – I just took the covid19 shot and it is giving me a killer headache and cold chills – comes and goes now today.
The website is open except in two places that call for a password.
If someone wants the password, have them email me here at silversky@frontier.com and I will put them on my list and give them the password. I only want the email so I can email out when the 800 numbers come out as well as answer some questions they may have.
I have quite a few people after all these years and am planning on reaching as many as are still around (12 yrs ).
You probably already know that the budget has been approved and signed and then sent to their president for a final signature where he will then post it in the law library ( Gazette ). The CBI will make the rate change and it will be seen on forex. Once in the Gazette people will be able to see the rate. It sounds like we are down to about 2 to 4 days for us to be at the bank.
Spec1 Yea man - a little under the influence of the covid shot - headache etc but doing OK - watching for more NEW news , lots of the same ole repeat info but waiting on some new stuff - probably this afternoon
EYEGUY thanks man for your posts ...please keep em coming ....
Spec1 Just had some more of the same ole news come in - nothing new yet -- XYZ - you know I can only say what I have learned as I would be the last one to believe the middle east people would keep thier word - I have done business with them and they keep negotiating with you even when they are paying you. Not the same as USA people for sure
xyz Spec1 interesting ...
Spec1 Well you all have a great morning. I am doing a metal copper art piece I need to finish today so I will check back in a while
Spec1 You all will see some missed spelling from time to time - I have cut the ends of 4 of my fingers off over time and I sometimes hit the wrong key
Zig Regarding the email I posted at 10:00 AM I received from Spec1 (Norm): I forgot to include his website address https://www.norm-1.com/ to which it pertains...
Butterfly https://www.iraq-businessnews.com/2021/04/03/will-kadhimi-deliver-gulf-investment-to-iraq/ Will Kadhimi deliver Gulf Investment to Iraq? 3rd April 2021 in Investment, Politics
By Mustafa Saadoon, for Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News.
Will Kadhimi deliver Gulf investment to Iraq?
Prime Minister Mustafa Al-Kadhimi has paid his first official visit to Saudi Arabia as he continues his efforts to further cooperation with Iraq's Gulf neighbours. The full report can be viewed here (registration required). https://amwaj.media/article/iq-article-kadhimi-wheeling-ties-with-gulf-states-forward-despite-challenges
butterfly OFFICIAL GAZETTE OF IRAQ 2021 BUDGET LAST UPDATED : FEB 01, 2021, 01:18 PM IST https://timesofindia.indiatimes.com/topic/Official-Gazette-Of-Iraq-2021-Budget
butterfly https://www.iraqnewsgazette.com/
Butterfly https://ninanews.com/Website/News/Details?Key=896985
Foreign Minister: We discussed issues of immigration, the refugee status, and the reopening of the Swiss embassy in Baghdad
Saturday 03, April 2021 18:45 Foreign Minister Fouad Hussein announced that he discussed with his Swiss counterpart Ignazio Cassis the issues of immigration at the Swiss and European levels and the development of a solution for refugees or asylum seekers, in addition to the issue of reopening the Swiss embassy in Baghdad.
butterfly https://ninanews.com/Website/News/Details?key=896984
Iraq and Switzerland sign two memoranda of understanding and discuss the frozen funds
Saturday 03, April 2021 18:41 Foreign Minister Fuad Hussein announced the signing of two memoranda of understanding with the Swiss Foreign Ministry related to strengthening joint cooperation, and Iraqi funds frozen with Swiss banks.
Zig EYEGUY : Hey you and @Norm made our headline today at Recaps LOL https://dinarrecaps.com/our-blog/eyeguy-from-norm-some-good-news-and-some-bad-news
butterfly 7:33 PM Saturday, April 3, 2021 (GMT+3) Time in Iraq
The first Swiss-foreign Minister visit to Iraq, to ensure stability, support reforms 2021-04-03 11:33
Shafaq News / Iraq’s Foreign Minister Fouad Hussein discussed, on Saturday, with his Swiss counterpart the Iraqi frozen funds in Swiss banks.
The two sides held a press conference in Baghdad in which Hussein expressed happiness for "the historic visit of the Swiss Foreign Minister to Iraq," adding, "We discussed several issues, including Iraqi frozen funds in Swiss banks, reopening the Swiss embassy in Baghdad in addition to immigration issues on the Swiss and European level, and ways to find solution for refugees or asylum seekers.”
The Iraqi Official stressed that "Switzerland has an important role in ensuring stability” in the Region, adding that a memorandum of understanding was signed between Iraq and Switzerland.
For his part, the Swiss Foreign Minister Ignazio Cassis said, "This is the first visit of a Swiss foreign minister to Iraq, and it will not be the last."
He continued, "I will conduct a tour in Lebanon and Jordan for the same goals, to support stability.”
Sheila butterfly great article... reinforces thoughts about Swiss only going where there is big, big money to be had.
butterfly This was posted in October of last year, so do they or don't they.................2020-10-05 15:47
Shafaq News / The Iraqi Minister of foreign affairs, Fouad Hussein revealed that there is an international to urge the US not to close its embassy in Baghdad.
Hussein said in an interview, "the US did not threaten to close the embassy. The attacks on Diplomatic missions and Baghdad airport caused the American administration to think of closing its embassy in Baghdad".
He added, "US Secretary of State Mike Pompeo informed the President of the Republic's concern about the frequent attacks on the Green Zone and Baghdad Airport".
The Minister pointed out that, "all Western and Arab countries are concerned about the US decision", noting that, "it will create a state of international mistrust in Iraq".
"It is the duty of the Iraqi government to protect the American embassy and other international missions. It has already taken a set of organizational and political measures", Hussein said.
"In Tehran, we explained to Iranian officials the current situation. Iran influences the Iraqi situation. We expect it to take positive steps towards Iraq".
butterfly A heap of ammunition left by the terrorist ISIS was found in a village in Tal Afar
Saturday 03, April 2021 19:49 The security forces found a pile of ammunition remnants of the terrorist ISIS in a village in Tal Afar.
A security media cell statement stated that: According to accurate intelligence information, a force from the 2nd regiment, the 73rd Brigade, in the 15th Division, was able to find a pile of ammunition left over from ISIS terrorist gangs in the village of Subaiya, which belongs to the Tal Afar district.
He added: The stack included 8 120 mm mortar rounds and 6 82 mm mortar rounds, a landmine against armor, 12 artillery shells and a homemade explosive device.
The statement clarified: The materials were processed and detonated by the 15th Division, without any incident.
butterfly https://www.reuters.com/article/iraq-budget-int/iraqs-cabinet-approves-2021-draft-budget-of-103-billion-idUSKBN28V2G8 BAGHDAD (Reuters) -Iraq’s cabinet on Monday approved a 2021 draft budget of 150 trillion Iraqi dinars ($103 billion) as the country wrestles with an economic and financial crisis due to low crude prices. The budget deficit would be estimated at 63 trillion dinars ($43 billion), two government sources said.
The draft 2021 budget is based on a world oil price of $42 a barrel and expected oil exports of 3.25 million barrels per day (bpd), including 250,000 bpd from the Kurdish region, the officials said.
But despite approval of the budget, which should be referred to parliament for final approval, disputes between the central government and semi-autonomous Kurdish region are still unresolved, a government senior economic advisor said.
“Differences between Baghdad and Kurdish delegates are still persisting over Kurdish oil exports and the region’s debts. It’s too complicated for now to reach an agreement,” said a senior government advisor.
Hit by squeezed revenues, Iraq’s central bank on Saturday increased the sale price of U.S. dollars to banks and currency exchanges to 1,460 dinars, from 1,182 dinars, seeking to close the gap of widened 2021 budget inflation after a collapse in global oil prices, a major source of Iraq’s financial resources.
The finance ministry supplies the central bank with dollars based on a price of 1,450 dinars against the dollar, Central Bank chief Mustafa Ghalib said in a statement.
Iraq has the world’s fourth-largest oil reserves and depends on oil revenues to fund 95 percent of its national budget. ($1 = 1.45 Iraqi dinars)
butterfly xyz I've been searching for the printout of the 2021 budget, but to no avail.
butterfly https://ninanews.com/Website/News/Details?key=896999 There is an internal and external enemy plotting against Iraq The specialist and economic researcher Faris Al-Amni confirmed that there is an internal and external enemy plotting against Iraq economically and financially, without naming this enemy and its nature, indicating that: Whatever the parliament’s discussions are, the major calamity in finding a solution to rising poverty, eliminating unemployment and achieving economic prosperity will not be resolved. In various fields and facing plans to destroy the economy, internally and externally.
He told the Iraqi National News Agency ( NINA ) that: The economy needs technical management and proper exploitation, and the issue of the exchange rate is determined by the supply and demand for the dollar, and what the government determines as a result of studying and nominating proposals.
Al-Amin added that: What happened is that a certain group was singled out with a vision that would result in a disaster coming from high prices, and that the budget was managed in an old, dilapidated way with financial management and far from investment policies.economically and financially
Saturday 03, April 2021 20:37
butterfly https://ninanews.com/Website/News/Details?key=897009
Al-Kazemi discusses with a Swiss delegation creating investment opportunities and promising jobs in the expanding Iraqi labor market
Saturday 03, April 2021 21:03 Prime Minister Mustafa Al-Kazemi discussed today, Saturday, with the Vice President of the Swiss Confederation Ignazio Cassis and his accompanying delegation, means of joint cooperation and bilateral relations between Iraq and Switzerland and the prospects for strengthening them in a way that serves common interests, as well as steps to reopen the Swiss embassy in Baghdad.
Also, according to a statement by Al-Kazemi's office, ways to enhance economic development and foreign investments in Iraq were discussed, and Switzerland's support for the steps taken by the Iraqi government in this aspect, confirming a broader participation of the private sector and creating investment opportunities and promising jobs in the Iraqi labor market.
Cooperation was also discussed. In the humanitarian field, with regard to the file of the displaced and returning them to their areas of residence, in order to enhance the efforts aimed at overcoming the effects of terrorism.
Zig If you access this chat via https://my.cbox.ws/ZIGPLACE You can make the box much bigger by clicking this link ZIGPLACE - Cbox
EYEGUY: From Norm: Some Good News and Some Bad News
.Zig’s Place Chat Early Saturday AM 4-3-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
EYEGUY: from Norm a recap I got in an email:
Some good news and some bad news. Walt’s “good buddy” (Maliki) has filed to stop the budget, today. He has put in an Official motion, and filed it with the courts, to stop the approval of the budget. I don’t know if it is so much bad news, as it is just funny news because he is the only one that filed the motion. (chuckling)
But we know it is not going to happen, anyway. He is just going through the motions because he wants to make sure he stays on Iran’s good side and can say that he did all he could do to stop the budget, which he is not going to stop.
Zig’s Place Chat Early Saturday AM 4-3-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
EYEGUY: from Norm a recap I got in an email:
Some good news and some bad news. Walt’s “good buddy” (Maliki) has filed to stop the budget, today. He has put in an Official motion, and filed it with the courts, to stop the approval of the budget. I don’t know if it is so much bad news, as it is just funny news because he is the only one that filed the motion. (chuckling)
But we know it is not going to happen, anyway. He is just going through the motions because he wants to make sure he stays on Iran’s good side and can say that he did all he could do to stop the budget, which he is not going to stop.
The good news is everyone else in Iraq is excited. After 10 years 12 years, they finally got a Budget and it is going through. Everyone is saying they are implementing the reforms and they are going to get started, and we are going to see it, “in the coming days”.
Now, I know that you guys are scared of that phrase (we have heard it so many times and nothing happened) because it scared me – “in the coming days” – here we go again. But we will probably see it in the next 2 days.
What needs to happen next? That is the question everybody wants to know. The budget is done, they signed off, we have the amount, and within 48 hours they have to ratify the budget, signed off by the President, and it should all happen today or sometime tonight and should be recorded in the Gazette tomorrow – anyway, this is the plan – sign it off, get recorded, goes in the Gazette tomorrow, and become law.
Once that happens, they can then implement the reforms, and part of the reforms is changing the exchange rate, and we have to see when that part happens because that is up to the CBI. A lot of people are complaining about it.
They wanted it to be part of the budget, the representative wanted it to be part of the budget, and they went and let the budget go through so they can argue about it today or tomorrow.
A couple of things are happening in Iraq and you need to understand what is happening and why they are doing them because it loo
A couple of things are happening in Iraq and you need to understand what is happening and why they are doing them because it looks wrong, suspicious, or confusing, which it is supposed to be. All of those. It is exactly how it is supposed to look. The rate went down again today.
The dinar was devalued even further. But they say it is going to stop at 1500 and it is not going any lower than 1500, is what everybody is saying, even though the rate in the budget was 1400 something and they said it would not go down.
If you look in the articles, you will see there are 5 different provinces with 5 different rates. It is one country. How could the exchange rate be different in every state you go into, or every county you go into, or in some cases, every Market you go into? How can the rate be different?
Because they don’t operate the way we do. But it is. But all the rumors that are going around saying something is going to happen. Everybody knows something is going to happen, which is a good thing. So, we are looking for that something, sooner rather than later.
About a week ago, I told you one of my guys over there said it would happen during Ramadan, and that starts on the 10th or 11th (my iPhone calendar says the 13th) and it is the month of giving to the poor, and Iraq’s citizens fit that description. I am not telling you it will drag out until the 10th.
I am telling you that somebody over there said that it is going to be during Ramadan. I don’t know, and the reason I don’t know is everybody over here is saying something different. Iraq is expecting it, and they are saying 1450, if it gets to that, would not be for a long time, which, again, tells you something.
It says all this reducing the rate is accomplishing what they wanted to accomplish. They are rebuilding their Reserves, cutting off their corruption, and making everything else apparent and visible to everyone. So, it is achieving its purpose, even though it is hurting the Iraqi citizens.
Now, they didn’t expect it to take this long to achieve its purpose, but as long as they cut off the currency, then it is really good.
So, what are we hearing over here? We are hearing it is done. We are hearing there is a live rate on the screen. We are hearing that the Banks will be processing people over the weekend – they are saying “preferred customers, only” and that the general public will be going by Tuesday morning.
That is what I am hearing. Now, they still have to ratify the budget, and they had 48 hours, and they have got to put it in the Gazette. That pushes us up to Sunday. If the banks are saying they are going to start their preferred customers tomorrow, and that is what several banks are saying, we will see what happens.
And, they are doing it and anticipating it will be recorded tomorrow in the Gazette, and there is no turning back, regardless of Maliki filing an objection to it, and everyone can get started.
The rates are on the screens, and they are still waiting for the GO, but I don’t think we will get it until it is recorded in the Gazette, tomorrow. It is Good Friday and we have all good news, and the RV is about to explode. The rates are there.
Ray has the rates, and everyone should be happy, going over their to-do list, counting your money, knowing what to do when you get there, going over it and it and over it. And, then, know what you are going to do when you get home and reality sets in and you see all the numbers and have walked out of the bank, and you have money in your pocket and a card in your hand, and you say “Oh, my!
It was real! Now, what do I do?!” If you go through all of that now, there won’t be as much pain as waiting until after it happens. Believe me, there is still going to be some. You’re still going to be excited
Zig If you access this chat via https://my.cbox.ws/ZIGPLACE You can make the box much bigger by clicking this link ZIGPLACE - Cbox
Zig’s Place Chat and News Friday PM 4-2-21
.Zig’s Place Chat and News Friday PM 4-2-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
butterfly The Swiss Foreign Minister will visit Iraq tomorrow
Friday 02, April 2021 21:50 Today, Friday, the Ministry of Foreign Affairs announced that Swiss Foreign Minister Ignazio Cassis will visit Iraq tomorrow.
The ministry’s media office said in a statement that “Foreign Minister Fuad Hussein and his Swiss counterpart Ignazio Cassis will hold a press conference in Baghdad tomorrow, Saturday.”
Sheila butterfly follow the money
Sheila butterfly Swiss don't go anywhere unless there's big, big money involved.
EYEGUY norm-1.com Norm is excited he said he would stop in
Dave EYEGUY perfect....
Zig’s Place Chat and News Friday PM 4-2-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
butterfly The Swiss Foreign Minister will visit Iraq tomorrow
Friday 02, April 2021 21:50 Today, Friday, the Ministry of Foreign Affairs announced that Swiss Foreign Minister Ignazio Cassis will visit Iraq tomorrow.
The ministry’s media office said in a statement that “Foreign Minister Fuad Hussein and his Swiss counterpart Ignazio Cassis will hold a press conference in Baghdad tomorrow, Saturday.”
Sheila butterfly follow the money
Sheila butterfly Swiss don't go anywhere unless there's big, big money involved.
EYEGUY norm-1.com https://www.norm-1.com/
EYEGUY Norm is excited he said he would stop in
Dave EYEGUY perfect....
Zig EYEGUY : Good...thanks...did he mention my email??
Butterfly New Zealand raises minimum wage to $20 an hour
Prime Minister @jacindaardern fulfilled her promise to increase the minimum wage with a slight tax increase on the nation’s most wealthy
Dave butterfly Biden wants a meer 15?
butterfly Sorry it is just not Biden, it is almost every governor in the states that want the minimum wage raised. Honestly I don't know how people/families live on the minimum wage. That is why a lot are working many jobs just to make ends meet.
butterfly A loaf of bread has had many cents/dollars added along with a gallon of milk.
butterfly I am telling on myself but I remember paying 19 cents for a loaf of bread. Gas was the same. When it raised to 25 cents/gallon, I did not travel much in my vehicle.
Sheila butterfly ditto
butterfly Fruits and vegetables..........lordy I don't even buy them anymore. I can afford them, but it pisses me off how much they charge for a hand full of raspberries.
butterfly Everything you buy has been reduced by many ounces. No longer 16 ozs, some are 14 and 12 ozs. then the raise the price on them.
Dave gas fer my car 1.80/liter.......7 bucks a gallon
butterfly With the pandemic our gas went down below $2, now it has risen to $2.79. By summer it will be $3+. You have a great economy it always starts with people trying to get to work via their vehicles.
Dave Go Green initiative here......huge carbon tax.....
butterfly Dave Correct me if I'm wrong, but don't all citizens get free healthcare in Canada?
Dave yep
Dave not free....called gas tax etc
Dave nodda fer free
butterfly Senior Citizens get free healthcare minus a deductible..............BUT..............they don't provide eye/teeth healthcare. You pay what every citizen pays.
Dave butterfly all get free medical care
butterfly Yes I agree Dave but you don't have to worry about going bankrupt or being put out on the street because of heavy health bills you can't pay. That is why we have a lot of people on the street.
Dave most have benefit plans to pay fer dental etc
butterfly The gas tax.............."everyone" pays.
Dave not the 7 bucks a gallon we pay.....
Dave goes pat fer all that other free stuff
Dave pay
butterfly You buy petro for make your car go vroooom, rich or poor you pay that gas tax.
Dave minimium wage going up to 15/hr
butterfly to......not for
butterfly https://www.iraq-businessnews.com/2021/04/02/undp-supports-iraqi-govt-to-strengthen-internal-security/ UNDP supports Iraqi Govt to Strengthen Internal Security 2nd April 2021 in Security
The Iraqi Ministry of Interior (MoI) and the United Nations Development Programme (UNDP) Iraq delivered a strategic planning training course to senior officers and specialists to strengthen MoI institutional capacities to implement its multiyear strategic plan (2019 -2023).
The Strategic Plan is aimed at strengthening internal security, maintain public order, develop law enforcement and anti-corruption mechanisms, improve, and develop high-quality security services for citizens, and build a professional security institution.
The nine-day training programme, supported by UNDP's Security Sector Reform/ Rule of Law Programme, was held in Erbil from 09 to 17 March and attended by senior officers and specialists from various MOI departments, including the Planning and Follow up Directorate, Administrative and Financial Agency, Police Affairs Agency, Intelligence Agency, Federal Security Affairs Agency/ Civil Defence Directorate, Border Forces Command, Directorate of Civil Status, and Passports and Residence.
Dave Culture here somewhat different here.......more about us than me.......
butterfly "We would like to extend our sincere thanks and high appreciation to the United Nations Development Programme (UNDP) and our colleagues working in UNDP Iraq for the great efforts and support to the MoI, Planning and Follow-up Directorate. The capacity building efforts were of great benefit as it contributed greatly to raising the capacities and enhancing the skills of our staff". Said Major General, Faris Falih Abid, Director General of Planning and Follow up Directorate of MoI
"It also contributed to further develop the MoI approved mechanisms in planning, follow-up and evaluation of the MoI strategic plan 2019-2023". Mr. Abid Added.
The participants received first-hand knowledge linking theoretical, academic concepts with the tangible implementation of a strategy within the Iraqi context to promote a security and a stable Iraq. During the course, they were equipped with skills related to strategic planning including goalsetting, targets, indicators and results, monitoring and evaluation, and developing work plans and progress reporting. The course covered topics including, strategic planning, strategic analysis related to risks and threats, and scenario planning and policy development.
UNDP and the MoI delivered this important training thanks to the generous contribution from the Government of Denmark.
butterfly The me attitude is dissolving slowly here.,
butterfly https://www.iraq-businessnews.com/2021/04/02/iraqi-pm-makes-first-visit-to-saudi-arabia/ Iraqi PM makes first visit to Saudi Arabia 2nd April 2021 in Investment, Iraq Industry & Trade News, Politics, Security
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News.
Iraqi prime minister makes first visit to Saudi Arabia
Iraqi Prime Minister Mustafa al-Kadhimi made his first visit to Saudi Arabia in an effort to enhance ties between the two countries. Full story here: https://www.al-monitor.com/originals/2021/03/iraqi-prime-minister-makes-first-visit-saudi-arabia
Dave sunni and shia unite!
butterfly https://www.iraq-businessnews.com/2021/04/02/iraq-stock-market-report-340/ Iraq Stock Market Report 2nd April 2021 in Investment
Advertising Feature
Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 1st April 2021).
Note: ISC announced on Mar. 25 that trading hours in ISX will be increased on Mondays and Wednesdays, from 9:30 a.m. to 3:00 p.m. starting from Apr. 5, 2021 to attract more investors and encourage increasing the trading activity.
The RSISX index ended the week at IQD902 (-1.3%) / $802 (-1.3%) (weekly change) (+24.3% and +20.9% YTD change, respectively). The number of week traded shares was 7.0 bn and the weekly trading volume was IQD4.9 bn ($3.3 mn).
butterfly Dave That would be a bigger surprise than the anticipation of an RV.
butterfly https://www.iraq-businessnews.com/2021/04/02/protesters-block-entrances-to-oil-facilities/ Protesters Block Entrances to Oil Facilities 2nd April 2021 in Iraq Industry & Trade News, Iraq Oil & Gas News, Politics By John Lee.
Protesters have reportedly blocked the entrances to the Dhi Qar Oil Company (DQOC), Dhi Qar Refinery, and the Oil Products Distribution Company.
According to Anadolu Agency, they were protesting the passing of the 2021 budget by the Iraqi parliament, which did not meet their expectations regarding guaranteed employment.
butterfly In a Saudi article they are talking about Robots for the oil industry.
Butterfly https://www.aljazeera.com/economy/2021/4/2/beyond-bitcoin-ether-breaks-past-2000-as-crypto-gains-widen Beyond Bitcoin: Ether breaks past $2,000 as crypto gains widen
The world’s second-largest cryptocurrency gained as much as 2.3 percent on Friday, having surged 170 percent this year alone. By Olivia Raimonde
Bloomberg 2 Apr 2021 Ether, the world’s second-largest cryptocurrency rose to $2,000 for the first time, as the rally in digital assets continues to broaden beyond Bitcoin.
The digital token for the Ethereum network gained as much as 2.3% to $2,014 on Friday. It has surged about 170% this year. The Bloomberg Galaxy Crypto Index gained gained about 3%, while Bitcoin was little changed after more than doubling this year. “We’re now really breaking higher and that will very likely attract buying activity,” said Julius de Kempenaer, senior analyst at StockCharts.com. “Ether is gaining in relative strength versus Bitcoin.”
The token has mirrored the gains in Bitcoin over the past year amid a flood of stimulus aimed at boosting the global economy during the Covid-19 pandemic. Critics warn that crypto is a speculative bubble that will likely burst.
Ether has a market value of about $230 billion, compared with about $1.1 trillion for Bitcoin, according to data from CoinMarketCap.com.
butterfly After being arrested in Al-Hawl camp | Senior ISIS commander acknowledges a crime against Iraqi refugees in the camp
On Apr 2, 2021 https://www.syriahr.com/en/212463/
butterfly https://www.syriahr.com/en/212462/ Five day of security campaign in Al-Hawl camp | Senior leader among 100 ISIS members arrested, including women and officials
On Apr 2, 2021 SOHR sources from inside the al-Hawl camp in far south-east of al-Hasakeh, say that the Anti-Terrorist Forces carried out an operation on Thursday evening as part of the security campaign in the camp, which resulted in the arrest of eight members of the “Islamic State” of Iraqi nationalities, one of whom is a senior leader called “Abu Karrar.”
The number of ISIS members and collaborators who have been arrested since the start of the campaign on March 28, rose to 96, mostly of non-Syrian nationalities, including senior leader “Abu Karrar” and another Iraqi official, al-Zakat official of an Algerian nationality, and 11 ISIS women who have involved in the killings and securing equipment used in their operations.
The Syrian Observatory would like to point out that many other people, including women, were arrested during the five days of the campaign, but were released after interrogation.
The forces participating in the large-scale security campaign continued taking fingerprints for those aged 15 years and above in order to confirm their identities. The first phase of the security campaign is expected to end in the camp on Friday, with the second phase to be completed in the coming hours and days.
Sandyf @Butterfly Dave did you see where I posted about forex and nada with the IQD.
@Dave IQD never been traded on Forex……?
Under IMF Art 14 the IQD is a Non-Convertible currency and as such cannot be traded or redeemed under "normal" circumstances,as in open to the public. If Iraq were to adopt the obligations of IMF Art 8 that would open the door to normal redemption and trading.
The IQD has always been traded on FOREX. FOREX is built on several levels and what should be said is that the IQD has never been traded at a level open to the general public.
Dave sandyf but i am special ,certainly not normal.......?
Sheila https://xe.com/currencyconverter/convert/?Amount=1&From=USD&To=IQD
Dave 0.00068iqd/usd.......any idea Come the 5th?
butterfly Hi sandyf how are you? Yes I know they have never traded on forex but most think they have.
butterfly Well there is nothing to post because Iraq is back to where it was before all the excitement about getting the dang budget passed.
Sheila butterfly Budget passed yet read somewhere they need to post in Gazette, which is published on Saturday... Maybe, then Sunday, April 4,,, Resurrection?
Zig If you access this chat via https://my.cbox.ws/ZIGPLACE You can make the box much bigger by clicking this link ZIGPLACE - Cbox
Zig’s Place Chat and News Friday AM 4-2-21
.Zig’s Place Chat and News Friday AM 4-2-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Xyz Abu Al-Joun added, "Today, after the budget has passed, this matter does not mean that the exchange rate has become a thing of the past and will not be reduced. Rather, we will work continuously to pressure the executive authority and the Central Bank to reduce it and take immediate measures to address the economic crisis and the rise in prices in the market,"
pointing out that "" And within the first steps, the Presidency of the House of Representatives is required to hold an emergency session as soon as possible in the presence of the governor of the Central Bank devoted to discussing the exchange rate and the reasons for the central bank’s insistence not to reduce it.
Zig’s Place Chat and News Friday AM 4-2-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Xyz Abu Al-Joun added, "Today, after the budget has passed, this matter does not mean that the exchange rate has become a thing of the past and will not be reduced. Rather, we will work continuously to pressure the executive authority and the Central Bank to reduce it and take immediate measures to address the economic crisis and the rise in prices in the market,"
pointing out that "" And within the first steps, the Presidency of the House of Representatives is required to hold an emergency session as soon as possible in the presence of the governor of the Central Bank devoted to discussing the exchange rate and the reasons for the central bank’s insistence not to reduce it.
He stressed that, "In the event that the governor refrains from attending the session or his answer is not convincing, then we will work to pressure to question him, and the national forces within the parliament must stand with the Iraqi people and not with the parties benefiting from the central bank’s confusion, and the oath is preserved and moral and legal responsibility is not shied away." ". LINK
xyz Iraq participates in the meeting of the International Monetary Fund
His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Makhaif, representing Iraq, participated in the spring meetings of the International Monetary Fund,
and during his speech at the meeting, His Excellency the Governor confirmed that Iraq is continuing to implement its reform plans towards fiscal and monetary policy.
Noting that the Corona pandemic was and still is one of the obstacles facing the Iraqi economy despite the proactive measures that the central bank or the government worked on.
Stressing the country's keenness on international and regional openness to serve Iraq's economic and financial interests. LINK
Butterfly https://ninanews.com/Website/News/Details?key=896798
Oil prices continue to rise after the OPEC + decision on production
Friday 02, April 2021 16:35 Oil prices continued to rise today, Friday, despite news that the "OPEC +" group reached an agreement to gradually reduce production cuts, starting next May.
US crude "West Texas Intermediate" rose by 3.87% to $ 61.45 a barrel, and the crude closed yesterday, up 3.9%.
Brent crude rose 2.12% to $ 64.86 a barrel, and crude ended Thursday's trading with a 3.4% increase, according to Bloomberg data.
The "OPEC +" group, which is made up of the Organization of the Petroleum Exporting Countries "OPEC", Russia and allied producers, agreed to ease production restrictions by 350,000 barrels per day in May, the same in June, and then by 400,000 barrels per day next July.
Under today's agreement, the applied OPEC + cuts will be only slightly higher than 6.5 million barrels per day from next May.
The cuts were about seven million barrels per day before that, in addition to another million barrels that Saudi Arabia volunteered to reduce its production.
butterfly https://ninanews.com/Website/News/Details?key=896781
Economist: The agreements with Saudi Arabia may be met with skepticism and war
Friday 02, April 2021 15:11 Economist Saleh Al-Hamashi expected that the agreements with Saudi Arabia may be met with skepticism and war.
Al-Hamashi said in a statement to the Iraqi National News Agency ( NINA ): "The agreements with Saudi Arabia may be met with skepticism and war, but the economic situation requires everyone to submit to the status quo, especially since these agreements differed in terms of the size of the investment amounting to 3 billion dollars in several areas and Its head is the stalled energy sector, which needs money to complete its projects. "
He added, "The country's economic conditions do not tolerate controversies and quarrels, especially since the friends of regional countries such as Iran and Turkey are in an embarrassing situation, since the country needs the entry of investors in all fields, especially service ones."
An Iraqi delegation headed by Prime Minister Mustafa Al-Kazemi signed a number of agreements and memoranda of understanding with the Saudi side yesterday, Wednesday, during an official visit to the Kingdom of Saudi Arabia.
It was agreed to establish a joint Iraqi-Saudi fund, whose capital is estimated at three billion dollars, and the two sides also agreed to complete the electrical interconnection project.
Butterfly https://ninanews.com/Website/News/Details?key=896782
The State of Law bloc denies its requirement to obtain special degrees to atte nd the budget voting session
Friday 02, April 2021 14:56 The Parliamentary State of Law bloc denied its requirement to grant it a number of special degrees to attend the parliament session for voting on the budget.
In a statement, the bloc was surprised at: "the pathetic attempts to reverse the facts and the abuse of its principled position in not attending the session to vote on the budget by claiming that it stipulated that it be granted a number of special grades in exchange for attending the session."
And she emphasized: "These fabricated and false statements, altogether, are an attempt to diminish the rule of law bloc after the public turn-around for its clear positions in support of the demands, issues and defense of the Iraqi people."
It demanded the person who made the false statement "who made himself a reporter at a meeting at which he was not present" to present evidence of his claim or prepare to face court.
The bloc confirmed that these attempts to defame them with various lies and fabrications will not have any effect, and that the Iraqi people possess awareness and ability to discern those who stand with them honestly and sincerely, and remember the brave positions of the state of law, and these allegations will not deceive him.
butterfly https://ninanews.com/Website/News/Details?key=896762
Via the Internet .. The start of the meeting of the countries of the Iranian nuclear agreement
Friday 02, April 2021 11:54 The signatories to the Iran nuclear deal (Russia, Iran, China, France, Germany and Britain) began a meeting on Friday, via the Internet, to discuss the nuclear agreement and ensure its implementation.
According to a statement issued by the European Union: The meeting will discuss how to ensure the full and effective implementation of the agreement by all parties.
After the European Union announced the meeting, yesterday, Thursday, the US State Department welcomed this step and considered it ... positive.
Butterfly https://ninanews.com/Website/News/Details?Key=896795
A demonstration in Al-Kut calling for a review of some of the budget's provisions
Friday 02, April 2021 16:10 Today afternoon, the city of Kut witnessed a demonstration in which dozens of citizens and from various social strata participated, to demand reconsideration of some paragraphs of the state's financial budget, which were voted on by the House of Representatives.
A member of the Coordinating Committee for the Demonstrations, Sajjad Salem al-Quraishi, told the correspondent of the Iraqi National News Agency / NINA / that: "The demonstrators in Kut chose Al-Amel Square in the city center to be the new protest platform for Wasit revolutionaries and a revolutionary mobilization in the Kut market, where the masses and the toilers."
He added: "We have witnessed a significant increase in the prices of basic foodstuffs after the approval of the state's general budget, which targeted many of its paragraphs of the poor social segments of earners, workers and small employees, which will negatively affect their living conditions, indicating that the most important demands of the demonstrators are to restore the exchange rate of the dollar against The dinar, along with improving the ration card items and keeping the parties away from drawing the country's economic policy, with the prosecution of high-ranking thieves, and the return of the stolen money to the public treasury. "
butterfly https://ninanews.com/Website/News/Details?Key=896803
Economic expert for / NINA /: Exemption of Jordanian industrial products from customs duties is a death sentence for Iraqi industries
Friday 02, April 2021 16:48 | The expert in economic affairs, Malaz Al-Amin, confirmed that the Cabinet’s decision to exempt Jordanian industrial products from customs duties is a negative decision that condemns Iraqi industries to death.
In a statement to the Iraqi National News Agency ( NINA ), the Secretary said, "The Iraqi national industries received a fatal, painful and devastating blow by a decision issued by the Council of Ministers to exempt Jordanian industrial products from customs duties.
He pointed out that" this agreement with Jordan does not kill Iraqi industries only, but rather Agricultural products are also inconsistent with the White Paper on Supporting the Iraqi Economy and Employment of Manpower. ”
A member of the Government Execution Monitoring Committee (Kazem Finjan Al-Hamami) warned against opening the gates of Trebil crossing in a way that allows the flow of foreign goods from all sides.
butterfly If you did not see this last night, here it is again: Can I trade the Iraqi Dinar (IQD)?
At this time, FOREX.com does not offer trading in the Iraqi Dinar (IQD). However, we do offer forex trading in over 80 currency pairs in addition to silver and gold trading.
butterfly Interesting.......... https://www.shafaq.com/en/Iraq-News/IMF-says-rich-countries-could-use-taxes-to-reduce-inequalities
IMF says rich countries could use taxes to reduce inequalities 2021-04-02 03:55
Shafaq News / The International Monetary Fund on Thursday said advanced economies could use more progressive income taxes, inheritance and property taxes, and taxes on “excess” corporate profits to help reduce inequalities exposed by the COVID-19 pandemic, Reuters reported.
The IMF’s Fiscal Monitor said the pandemic had exacerbated pre-existing inequalities in access to health care, education and digital infrastructure, which could cause income gaps to persist generation after generation.
Most countries would need additional revenues to ensure access to COVID-19 vaccines and improve services, while interrupting a “vicious cycle” of mutually reinforcing inequalities, it said.
To change course, countries should focus on better investment in education, health and early childhood development, and strengthen social safety nets, it said.
To muster the necessary resources, advanced economies could increase progressivity of income taxation and boost reliance on inheritance/gift taxes and property taxation, the IMF said.
“COVID-19 recovery contributions and ‘excess’ corporate profits taxes could be considered,” it said, adding that wealth taxes were another option if other measures did not suffice.
Emerging market and developing economies should focus on strengthening tax capacity to fund more social spending, it said.
Oxfam welcomed the IMF’s backing for taxing of excess corporate profits and top income levels, and urged the IMF to back away from its own
Butterfly Nothing really to post. Same old information, killing of ISIS, finding their hiding places, Covid is hitting them heavily, rise in the oil, on and on, we are back to nothing happening, just another year of hopium.
butterfly Iraq records about 6 thousand new cases of corona today
Friday 02, April 2021 16:33 Parliamentary Crisis Cell: The comprehensive ban during Ramadan will remain in its current state
Friday 02, April 2021 15:21 The Parliamentary Crisis Cell announced that the comprehensive ban during Ramadan will remain in its current state.
Cell member Salman Al-Gharibawi said in a press statement: "The comprehensive ban will remain as usual, two days a week, during the month of Ramadan, and there is no current possibility to raise it due to the high daily infection rates that range from 5-6 thousand injuries per day, which are among the highest. Rates recorded in the Arab region. "
And he stressed: The need to expedite the taking of anti-virus vaccines in the Ministry of Health centers spread in Baghdad and other governorates because they constitute an important preventive framework that helps reduce the severity of injuries and deaths.
butterfly Al-Rasheed Bank: Issuing a (Nakheel) card for employees of Wasit Police Command
Friday 02, April 2021 12:49 Al Rasheed Bank announced that it will continue to issue (Nakheel) cards and deliver them to entities that signed a contract with the bank.
A statement by the bank stated that: The work team assigned to reach all departments and military units in their places of residence issued (Nakheel) cards to the employees of Wasit Police Command, in the presence of the police chief and officers from accounts and information technology.
He added: Work continues to reach all concerned parties to issue the cards without any review of the bank.\\\
Butterfly Dave did you see where I posted about forex and nada with the IQD.
Dave IQD never been traded on Forex......?
Dave Checked some Govt websites.......Iraq still listed UN chapter 7 sanctions
butterfly No BUT that has been the "info" that they have and with the "new" rate.....OMG I can't type anymore of the nonsense LOL
butterfly Yes and they still have not paid their 2 B.
Dave butterfly yeppers! CBI 10 Billion richer since that devaluation too!
butterfly I will say this again until people get it, the IMF stated that they "think" Iraq should be more stable by 2024. (paraphrasing)
Dave butterfly all up to CBI
butterfly E X A C T L Y As it is with every country..........it is up to the CBI of that country.
Dave when this hits we will know in a heart beat
butterfly Yes and a lot won't have a heart beat, they will be gone.
Dave then i will check CBI to verify
butterfly Well as all were saying, waiting, biting fingernails..........things were going to pop after the budget..........
butterfly How can people live with themselves with all the lies, misinformation, hopium, etc.
Zig butterfly : No conscience....
Dave butterfly dont read the news from Iraq just hopium from the Gurus?
Dave https://cbi.iq/
butterfly Dave I checked it yesterday and nothing.
Dave have not checked it fer over 1 yr .....no reason......!
Butterfly https://www.shafaq.com/en/Iraq-News/The-budget-betrayed-unpaid-lecturers-MP-says The budget betrayed unpaid lecturers, MP says 2021-04-02 10:28
Shafaq News/ A member of the Iraqi Parliament said on Friday that the 2021 budget did not award unpaid lecturers any contracts, on contrary to the Media propaganda.
MP of Taqadum Party, Nahida al-Daini, said in a statement to Shafaq News Agency, "the budget law assassinated the rights of the unpaid lecturers. It did not include any contracts, except for particular segments according to particular mechanisms. It only gave them financial grants for a year."
Al-Daini denounced "this diversion against the lecturers by some Parliamentary parties," warning of the widespread uncontainable repercussions of this deed."
Al-Daini considered the lecturers, "a major asset and a major asset to the educational process, and for their efforts in addressing vacancies in scientific specializations and the success of the examination process in all primary and secondary stages."
Furthermore, al-Daini affirmed that she boycotted the voting session on the budget law after the political forces disavowed their obligations towards large segments, and the amendments that were added to the budget. She also called the parliamentary blocs to be frank with the people about what was approved in the budget and what will be actually implemented.
Several MPs stated through their social media accounts that lecturers' contracts were included in the budget after the budget law's approval. However, parliamentary parties denied this, which sparked public discontent and anger amid calls for massive demonstrations and sit-ins of free lecturers in all governorates.
butterfly On Wednesday, the Iraqi Parliament voted on the 2021 Federal Budget Law, with a deficit of more than 28 trillion dinars.
The general budget revenues amounted to more than 101 trillion Iraqi dinars, while expenditures were estimated at 129 trillion dinars.
The price of an oil barrel was calculated in the budget at $ 45 instead of the Iraqi dinar, and the government's proposed price for the dollar was fixed at 1450 dinars per dollar, a member of the Finance Committee, Muhammad al-Shabaki, told Shafaq News agency.
butterfly ............................government's proposed price for the dollar was fixed at 1450 dinars per dollar
butterfly "fixed"
butterfly Words matter
Dave perfect...no reinstatement then.....
Dave cbi makes more mulla
Dave pips dont cut it
Dave KAP where are you?
EYEGUY IMO maybe just maybe $1.45 ........dont ask me why
EYEGUY Dont ask
Dave id take a nickel
EYEGUY l0l
Dave been holding out to get a new car.........11 yrs........cant wait no more......
Dave wanna a porsche gts........have to settle fer a Hyundai genesis
Butterfly https://www.shafaq.com/en/Economy/Oil-rose-about-3-after-the-OPEC-alliance-agreement
Oil rose about 3% after the OPEC+ alliance agreement 2021-04-01 13:01 Shafaq News/ Oil rose about 3% after the OPEC+ alliance agreed to increase oil production gradually over the next three months. Reuters reported that U.S. Brent crude exceeded $ 64 a barrel, and U.S. West Texas Intermediate is above $ 60.
Earlier, OPEC+ has reached a preliminary deal to gradually ease production cuts from May, two OPEC+ sources said on Thursday. The group was still debating exact figures, sources said.
Two sources had said earlier that OPEC+ was considering increasing output by 350,000 barrels per day in May, 350,000 bpd in June and 400,000 bpd in July.
butterfly Get ready for higher gas prices. Ugh!
Dave yet Iraq settles fer 45.oo?
Sheila @butterfly>; Since Budget was passed on March 31, 2021, would that be Published in Saturday's Gazette? Do you think that Rate/s will be made public, finally?
EYEGUY Get ready IMO
Dave hmmm.....
Dave EYEGUY READY fer what?
EYEGUY Party
Dave EYEGUY CBI sets RATE
EYEGUY yep
Dave aint going to announce that in advance
butterfly Interesting information here: Do the Rothschilds own the Bank of Canada?
The bank operates as a closed partnership, all its shares held by the Rothschild family. ... The bank's basement is packed with historic archives and at least one stack of evidence that the Rothschilds have been studying Canada for a long time: copies of The Financial Post dating back to 1910.
butterfly Who really owns the Federal Reserve?
The Federal Reserve System is not "owned" by anyone. The Federal Reserve was created in 1913 by the Federal Reserve Act to serve as the nation's central bank. The Board of Governors in Washington, D.C., is an agency of the federal government and reports to and is directly accountable to the Congress.
butterfly Does China have a Rothschild central bank?
By 2001, only seven nations in the world -- China, Iran, Afghanistan, North Korea, Sudan, Cuba, and Libya -- did not have Rothschild-controlled central banks.
butterfly Is there a central bank in Iraq?
The Central Bank of Iraq (CBI) (Arabic: البنك المركزي العراقي) is the central bank of Iraq.
Dave butterfly ...and USA is a registered Corp in Puerto Rico
butterfly Dave YUP
butterfly What was the highest value of Iraqi dinar?
Historically, the Iraqi Dinar reached an all time high of 1460 in December of 2020. Iraqi Dinar - data, forecasts, historical chart - was last updated on April of 2021.
butterfly I will leave this here, have to step away again: https://tradingeconomics.com/iraq/currency
EYEGUY something going on at Capital
butterfly Before I step away, I remember the 1164 for Iraq, sometimes it would go up to 1166.
Sheila https://xe.com/currencyconverter/convert/?Amount=1&From=USD&To=IQD
Dave need to maintain 2% spread....every 90 days
Dave IMF compliance rules
EYEGUY Come on CBI!!!!!!! we got things to do
EYEGUY Ya think they are hearing me ?
Dave EYEGUY only 20-30% of Iraqis have bank accounts until recently
EYEGUY Hey sometimes I think things are safer in my mattress
Dave CBI makes large on writing loans...... fractional banking..... get 7-9 % of the top
EYEGUY Im hungry
Dave so are the poor in Iraq hopefully getting very pissed off
EYEGUY sad there is hunger in to many places
Dave EYEGUY even more so in one of the wealthiest nations in the world
Dave yet they have all that dinar stuffed in mattresses.....
EYEGUY eternal struggle
Sheila Zig and that's why keto is my paradigm shift. Now ready for the RV... cause I need another paradigm shift!!! lolol lolol
Zig Well I hope we get an RV on April 7th....lol
EYEGUY or by 4/26th
Sheila Zig hearing this is going by April 6 just this morning... repeating: thinking I want that 10% in 1 ounce gold American Eagles
sheila Zig Are you having that proverbial "aw *" moment? Realization that this just might go by April 6, especially since Iraq passed their Budget on March 31? lolol lolol
Zig sheila : Been in this too long to listen to anyone or anything regarding the Dinar...so I just wait....I would be thrilled to pay you....lol....but as I said, please don't count on it happening any time SOON...
Sheila Zig All good. and that's the point. Dinar RV has go on too long. Iraq needs to set at the big boy table (ME countries). And they cannot do that without internationally traded currency on par with Saudi, Qatar, Kuwait...etc... they will not be able to get onto the secret KUNA Currency basket without revaluation back to at least 3.22 or better. You can thank Dinar Investor Jeff for that
Zig Many people are not very happy these days with @Jeff Wow have people turned on him....that's what you get for making any predictions publicly.......
butterfly https://ninanews.com/Website/News/Details?Key=896850
Iraq and Lebanon sign an agreement that includes oil in exchange for medical services
Friday 02, April 2021 21:43 Minister of Health and Environment Hassan Al-Tamimi and his Lebanese counterpart Hamad Hassan signed in Beirut a framework agreement between the two countries, including oil in exchange for medical and hospital services.
The two parties have identified cooperation priorities in the next phase in addition to what was previously agreed upon according to the memoranda of understanding signed between them. We include: cooperation in the field of medical tourism, medical evacuation and recruitment, and cooperation in the field of modern hospital management in the Republic of Iraq by Lebanese experts and specialized medical teams.
Congratulations. The Iraqi people, with wise and rational management, have the right to build 11 university hospitals and 5 medical cities within this year, and Lebanese cadres will have the honor to assist in managing these institutions.
And cooperation in controlling the performance, quality and reliability standards in which Lebanon is distinguished, and which are carried out by the Ministry of Health, accompanied by the heads of directorates and departments in the Ministry of Public Health.
butterfly The Lebanese minister announced that "the two parties have agreed to form a joint technical committee to cooperate and implement the signed agreements, in addition to preparing a cooperative program project according to the needs, to be discussed during my expected visit soon through a Lebanese government delegation headed by President Diab, or exceptionally bilateral, to conclude the agreement and start its implementation, in preparation for it To approve the necessary implementation frameworks or to sign new agreements in the interest of both countries. Here we refer to the principle of oil in exchange for services. "
He also announced that "the two parties have appointed the technical representative of the Iraqi Ministry of Health, Dr. Hani Musa Badr and the lawyer, Dr. Hussein Ali Muhaidli (from Lebanon) as coordinators for the joint committee that will complete its work very soon, and within weeks we will complete this agreement and enter into force."
For his part, Minister Hassan Al-Tamimi explained that “the delivery of aid to the Lebanese people to support the Ministry of Public Health is under the direction of Prime Minister Mustafa Al-Kazemi to confront the Corona pandemic,” and that “the visit witnessed tireless work by the Ministry of Health teams in the two countries and the seriousness of work by the two teams at the level of experts. ".
butterfly He stressed that "there is a great interest from the Iraqi administration in supporting the Lebanese people," noting that there is "a great interest from the three presidents in Lebanon in concluding agreements and proceeding with joint action in all fields."
He expressed his hope that the program would be implemented urgently, announcing that the Lebanese and Iraqi teams of experts would communicate daily and around the clock in order to implement the agreements, and we are awaiting the arrival of Minister Hassan and the rest of the ministers to Baghdad to activate the oil memorandum in exchange for the health and medical services that have been agreed upon.
Sheila Zig did try to discuss that point. Jeff will survive okay.
Sheila @Zig I don't have predictions -- just strong amount of hope!
Zig If you access this chat via https://my.cbox.ws/ZIGPLACE You can make the box much bigger by clicking this link ZIGPLACE - Cbox
Zig’s Place Chat and News Thursday PM 4-1-21
.Zig’s Place Chat and News Thursday PM 4-1-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Xyz 4-1-2021 Intel Guru Frank26 All I know is this blessing is coming. I have no doubt.
Butterfly Meet the brave women defusing mines in Iraq 2021-04-01 15:06
Shafaq News/ Despite opposition from friends and family, a group of brave Iraqi women are dedicated to saving lives. Suited up in protective gear, a team of women fan out across the rugged fields of Basra.
Defying rigid gender norms in Iraq, they search with careful precision for dangerous explosives.
Hind Ali explains why she joined the all-female demining team.
Zig’s Place Chat and News Thursday PM 4-1-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Xyz 4-1-2021 Intel Guru Frank26 All I know is this blessing is coming. I have no doubt.
Butterfly Meet the brave women defusing mines in Iraq 2021-04-01 15:06
Shafaq News/ Despite opposition from friends and family, a group of brave Iraqi women are dedicated to saving lives. Suited up in protective gear, a team of women fan out across the rugged fields of Basra.
Defying rigid gender norms in Iraq, they search with careful precision for dangerous explosives.
Hind Ali explains why she joined the all-female demining team.
"The main reason I joined the team is a humanitarian one. Vast areas of the province of Basra have a lot of mines, people have been prevented from living on those lands. Moreover, there is a lack of awareness among some people that has caused countless accidents in the province of Basra."
Ridding their province from landmines – the 14 women were trained over the course of 40 days.
Equipping them with the tools and knowledge to find and safely clear different types of mines.
The difficulty and danger of the task however, was not their only obstacle.But rejection from their community for women to take up such tasks has also proven difficult.
"Until now, no one has encouraged me in this field, because, well you know, families are worried. Just hearing the term 'demining' causes immense fear for many people, especially with parents and close relatives, even now, my family and close friends are completely against it."
Over the past years, mines have killed and injured dozens of Iraqis in the east and west of the city.
In Basra, there are thousands of kilometres still full of mines, as a result of the Iraq-Iran war and the Gulf war. With each piece of new ground cleared, these women are saving lives.
https://shafaq.com/en/Iraq-News/Meet-the-brave-women-defusing-mines-in-Iraq
butterfly https://www.rcinet.ca/en/2021/04/01/canada-to-welcome-more-yazidi-refugees-and-other-survivors-of-isis/ Posted: Thursday, April 1, 2021 15:00
Last Updated: Thursday, April 1, 2021 15:57 The federal government is planning to resettle in Canada hundreds of additional Yazidi refugees and other survivors of the Islamic State reign of terror in Northern Iraq in an effort to help reunite refugees with surviving members of their extended families, federal officials told Radio Canada International Thursday.
Since 2017, Canada has resettled about 1,400 survivors – mostly women and girls – of the ISIS genocidal campaign to target religious minorities in Northern Iraq. However, many of the refugees had to leave family members behind.
Minister of Immigration, Refugees and Citizenship Marco Mendicino announced Tuesday a new policy that will allow these refugees to reunite with extended family members, including siblings, grandparents, aunts and uncles.
“Having survived abuse, torture and even genocide at the hands of Daesh, the Yazidis and other groups are among the most vulnerable refugees in the world,” Mendocino said in a statement, referring to the Arabic acronym for ISIS.
“Guided by compassion, we are now redoubling our efforts to reunite their families. Our new policy will ensure that more Yazidis and other survivors can be reunited with loved ones so that they can start new lives in Canada.”
Canada to resettle 1,200 Yazidi refugees
Mendicino’s press secretary, Alexander Cohen, told Radio Canada International that the federal government expects that this new policy will support the resettlement of some 250 family and extended family members who were in captivity or missing as well as others who didn’t meet the definition of immediate family member or refugee.
butterfly “We are already working with partners to identify vulnerable Yazidi women and children and other survivors of Daesh and their family members, and we expect to begin welcoming them to Canada later this year,” Cohen said in an email.
These kinds of operations are “extremely difficult and complex” given the volatility in region, Cohen said.
“Furthermore, identifying vulnerable Yazidi women and children and other survivors of Daesh for resettlement is particularly challenging and makes this effort very different from Canada’s resettlement of Syrian refugees, where government-assisted refugees were selected from pools of refugees already registered with the United Nations Refugee Agency,” Cohen said.
Thousands of Yazidis are ready to move to Canada: NGO
In anticipation of these new refugees, the federal government has plans and personnel in place to ensure these families are properly supported, he added.
“Due to reasons of operational security and to protect the safety of the survivors of Daesh, as well our partners and our staff, we cannot provide details on if or when personnel may be dispatched to the region,” Cohen said.
In 2017, Canadian officials worked in close collaboration with the Iraqi government, the Kurdish Regional Government in Northern Iraq, the International Organization for Migration, the United Nations refugee agency, and Yazda, an international NGO working to help Yazidi survivors of ISIS atrocities, to identify and process refugees for resettlement in Canada.
According to government statistics, as of Jan. 31, 2021, Canada has welcomed 1,356 government-assisted survivors of ISIS (1,149 Yazidi women and girls) and 94 privately sponsored survivors (all Yazidi women and girls).
Butterfly They’ve been primarily resettled to Toronto, London, Winnipeg, and Calgary. These cities were chosen following comprehensive consultations with stakeholders to identify where existing Yazidi communities were established and where adequate support, including medical, psychosocial, and interpretation services, was in place, officials said.
butterfly Dave I thought you could pat yourself on the back for what Canada is doing.
Dave sarcasm
butterfly If it wasn't for immigrants, none of us would be here.
Dave bingo....or thats what a Humanitarian may think?
PeteV hi peoples
Dave remote possibility....we be rich soon?
PeteV hope so
butterfly https://www.shafaq.com/en/Report/Challenges-and-risks-for-NATO-in-Iraq Challenges and risks for NATO in Iraq 2021-04-01 06:40
Shafaq News/ War on The Rocks, an American website specialized in military affairs, considered that when NATO suspended its training and advisory mission in Iraq following the killing of Iranian Gen. Qassem Soleimani in January 2020, the alliance experienced its first reality check on its new enterprise in the country.
Iraq reportedly was and remains a tragic playground for domestic, regional, and international competition. Now NATO member states have agreed to expand the alliance’s Iraqi mission. “What has changed in the last year? And how will the alliance fare?”
COVID-19 may have temporarily constrained the behavior of some regional actors, particularly Iran, but the situation remains as challenging as ever and the distance between the level of ambition in Brussels and the reality on the ground in Baghdad remains significant.
Despite renewed support for the alliance, the new U.S. administration appears still eager to continue with progressive disengagement from Iraq. The mission will therefore test NATO’s well-known burden-sharing problems. European allies will be called to a greater role in the mission as the United States draws down, a factor that will necessarily bring about significant operational challenges to overcome.
The expanded mission will present NATO with the opportunity to evaluate its limited role in the Middle East, as well as its ability to deliver effective results in security-sector reform in such a polarizing political and security environment.
The mission will only succeed if it is properly resourced by the alliance nations and rooted in serious and meaningful engagement with the Iraqis.
NATO needs to decide whether it wants to invest in building effective political influence in the Middle East or be confined to the role of providing technical capacity-building.
butterfly A Greater European Role
In February 2021, NATO defense ministers agreed to enlarge the alliance’s mission in Iraq. The expanded mission will work with a broader range of ministries beyond just the Ministry of Defense, and will possibly operate outside the Baghdad area.
There will be a significant rise in personnel too: Up to 4,000 civilian and military staff are set to join the mission, up from a maximum of 500. The expansion will be incremental, conditions-based, and negotiated step by step with the Iraqi authorities.
Established in 2018, NATO Mission Iraq has thus far focused on professionalizing the Iraqi security forces, advising national security institutions — the Ministry of Defense and the Office of the National Security Advisor — and training the trainers, including the Iraqi Army Bomb Disposal School, the School of Administration and Logistics, and the Military Medical School.
These activities have complemented the work of the American-led Global Coalition to Defeat ISIL, the United Nations, and the European Union Advisory Mission in Iraq, the last of which is small and confined to strategic-level advising at Iraq’s Ministry of Interior.
Over the last year, however, many of these activities have stalled due to a double whammy of factors — the killing of Soleimani in January 2020 and the global COVID-19 pandemic — that have together contributed to halting progress and led to a departure of NATO personnel from Iraq.
butterfly With the Global Coalition to Defeat ISIL reducing its footprint and activities in Iraq, the upgraded NATO mission is set to expand its scope. For instance, it is expected that the mission will initially broaden its role within the Ministry of Defense to include advising on leadership development, good governance, and policy and planning.
In the future, and subject to Iraqi requests, NATO may also undertake the advising of the federal police, which sits under the Ministry of Interior and has up until recently been trained and advised by the Italian Carabinieri.
Italy will take the command of NATO Mission Iraq from Denmark in 2022, reflecting the sustained willingness of European countries to play their role in NATO’s burden-sharing. Spain, which is a leading European contributor to the anti-ISIL coalition and already plays a prominent role in NATO Mission Iraq’s training activities, is also well-placed to undertake a future leadership role.
In a departure from President Donald Trump, the Joe Biden administration has been quick to praise and reinforce the role of NATO allies and the value of multilateral frameworks, including in Iraq. With the U.S. presence in Iraq drawing down, European nations’ willingness to step in to fill the likely operational gaps will therefore be crucial to the sustainability of NATO’s mission in Iraq.
butterfly Operational Challenges
The report mentioned the drawdown of the anti-ISIL coalition will have some significant implications for NATO in Iraq, but the upgraded NATO mission should not be simply considered as a transition of activities from the coalition to NATO. The two missions’ mandates are different — unlike the coalition, the NATO operation remains a non-combat mission with NATO personnel not involved in the training or accompanying of military units at the tactical level.
But NATO will build upon the coalition’s gains and will be likely to put more emphasis on strategic-level advisory efforts once the main coalition-supported military operations end. While the coalition is in the last phase of its military campaign, we do not yet have an announced end-date for its operations.
In light of a greater European role within the NATO mission in Iraq, there are likely to be teething problems. Moving from the agile and flexible coalition framework to the highly standardized, bureaucratic, and consensus-based NATO mechanisms will bring operational challenges.
NATO’s force-generation process, the formal and often lengthy procedure through which alliance nations provide the necessary personnel and equipment for missions and operations, will take time to reach the required operational capability. Any significant expansion of the mission will therefore have to deal with a protracted process before it is properly equipped.
The NATO mission in Iraq is the first such mission with a strong civilian component, which mainly provides strategic-level advice to the Ministry of Defense. The expanded NATO mission will likely see an increase in these civilian elements. Success will therefore rest on NATO allies providing high-quality civilian personnel capable of navigating the complex bureaucracies of the Ministry of Defense and possibly the Ministry of Interior.
butterfly The NATO mission aims to become more self-sufficient but currently relies on the anti-ISIL coalition’s enablers — mainly American-provided intelligence, infrastructure, basing, and logistics. Some countries may decide to reflag their military personnel under the NATO umbrella, but the mission will require its own enablers, as briefly alluded to by NATO Secretary General Jens Stoltenberg during a recent press conference. If European allies are serious about burden-sharing, this is an area where they could do more.
It is not yet clear whether and how the NATO mission will go beyond the Baghdad area. It is not unimaginable that NATO could move to providing some level of strategic advising to the Kurdish Peshmerga in the north of Iraq in the future.
Any such expansion, however, will have to be requested by the Iraqi government and approved by NATO countries, to include Turkey. Given the difficult triangle of relations between Iraqi Kurdish factions, Baghdad, and Ankara, this will be tricky to negotiate.
Expectations for NATO in Iraq and in the Middle East
As per the report, the upgraded NATO Mission in Iraq will be demand-driven, and the relevant question is: What does the Iraqi government want or need? The Iraqi government has definitely requested support in the professionalization of their security institutions.
However, NATO should not overlook the political, security, and socio-economic context in which the mission will operate in order to link strategic ambitions with realistic expectations.
butterfly Iraq is still experiencing a delicate transition process from a military campaign to recovery, reconstruction, and wider stability. There are myriad issues to consider — an ambitious economic reform program, looming parliamentary elections, the unresolved future of the Popular Mobilization Forces, resurgent jihadist activity, and the uncertain prospect of American-Iranian relations.
In opening up to the expansion of the NATO mission in Iraq, with a demand-driven approach and more of a European face than an American one, Iraq’s Prime Minister Mustafa Al-Kadhimi has attempted to reach the dual objective of an assertion of Iraqi sovereignty coupled with a U.S. drawdown.
He has also tried to seriously engage with neighboring countries, including Iran, Turkey, and Saudi Arabia, to secure political and economic support and navigate the region’s dangerous and delicate competitions.
In this context, the NATO mission will play a role in wider security-sector reforms — an important domain, but one that cannot deliver quick wins and is highly polarizing in Iraq. And such reforms are not a panacea for wider structural problems.
NATO can provide technical capacity-building to Iraq in the form of training or advisory activities. However, this will be futile if not streamlined in a coherent strategy developed by the Iraqi government and supported by NATO, which is a highly politically sensitive process.
NATO therefore should be more politically savvy with regards to what is happening in Iraq and its power relations, rather than just limiting itself to technical capacity-building. Iraq will continue to be at the crossroads of several regional and international issues — relations between the United States and Iran and between Iran and the Gulf monarchies, as well as Turkey’s regional ambitions.
butterfly The expanded NATO mission cannot ignore this political context by staying in its comfort zone of capacity-building — it needs to be more proactive if it wants to earn relevance. Bridging this political versus technical gap will contribute to NATO attaining a more significant and positive influence in achieving its stated objective of projecting stability in neighboring and partner countries in order to ensure the alliance’s own security.
The report concluded that it will provide NATO with more robust political reach and relevance in the Middle East — limited thus far — and give much-needed coherence to the multitude of military partnerships established in the region.
butterfly https://www.dijlah.tv/index.php?page=article&id=281683 An economist expects a recession in the Iraqi market after the budget is approved 01-04-2021 The economic expert on behalf of Antoine predicted, on Thursday, an economic recession in the Iraqi markets, after the adoption of the dollar exchange rate proposed by the government, in the Federal Budget Law for 2021, which was approved by the House of Representatives during its session held yesterday.
Antoine told "Tigris" that "the government must complete the stalled projects and pump the sums into the local markets, with the aim of reducing unemployment and poverty," pointing out that "the first period will witness a reaction as a result of the shock caused by the decision to raise the dollar exchange rate, which led to weakness." Purchasing power".
Regarding the possibility of ending the economic recession, Antoine asserted that "if the government knows how to manage the economic crisis, it will create new activity," noting the importance of "disbursing contractors' dues with the aim of reinvigorating the private sector."
It is noteworthy that the House of Representatives voted, during its session held yesterday, Wednesday (March 31, 2021), on the Federal Budget Law, after conflicts and tensions between political forces, due to controversial points in the law.
TWW View true intention China taking down our USA... https://www.youtube.com/watch?v=5Akwzj88Xzc
TWW https://www.youtube.com/watch?v=5Akwzj88Xzc
Butterfly https://www.thenationalnews.com/gulf/saudi-arabia/sadr-pm-al-kadhimi-s-visit-to-saudi-arabia-will-bring-iraq-out-of-isolation-1.1195408 Sadr: PM Al Kadhimi's visit to Saudi Arabia will bring Iraq 'out of isolation'
Baghdad has been working to restore regional ties since the US-led invasion of 2003 April 1, 2021
Iraqi Prime Minister Mustafa Al Kadhimi’s trip to Saudi Arabia will allow the country to restore ties with its Arab counterparts, influential Shiite cleric Moqtada Al Sadr said on Thursday.
After former Iraqi dictator Saddam Hussein's invasion of Kuwait in 1990, Saudi Arabia, along with many countries in the region and the wider world, severed ties with Iraq.
Baghdad has been working to restore regional ties since the US-led invasion of 2003. “I’m looking at my brother Al Kadhimi's visit to Saudi Arabia with eyes of hope,” Mr Al Sadr said on Twitter.
Mr Al Sadr commands a large following among the urban poor of Baghdad and southern cities and was once the leader of a powerful militia who fought against American forces stationed in Iraq.
Iraq lies on the fault line between the Shiite Muslim power Iran and the Sunni-ruled countries that are Tehran's regional rivals, among them Saudi Arabia.
“It is a door that takes Iraq out of isolation from its historical Arab environment, hoping that it will be a visit of friendship and partnership in various fields and an end to conflicts and crises,” he said.
Mr Al Sadr made a rare visit to Saudi Arabia in 2017, where he met Saudi Arabia’s Crown Prince Mohammed bin Salman and other officials.
It was seen by experts and officials as a significant development for regional stability and countering Iran’s expansionism in the region.
butterfly Since 2003, successive US administrations have pushed for more Saudi engagement with the new Iraqi government, which Baghdad embraced by maintaining good ties with Riyadh and Tehran.
Relations between Saudi Arabia and Iraq have improved since Riyadh reopened its embassy in Baghdad in late 2015. The kingdom has taken a more proactive role in regional policy, building stronger ties with Iraqi leaders has become a priority to limit Iran’s influence in the country, where it has ties to Shiite groups that have dominated Iraqi politics since the fall of Saddam Hussein in 2003.
Mr Al Sadr rose to prominence as a firebrand who led militias against US troops in Iraq who were seen as backed by Iran, but his ties to Tehran have been ambiguous.
Mr Al Kadhimi’s first trip abroad as leader last year was to Iran, shortly after he visited the US.
butterfly Mr Al Kadhimi’s first trip abroad as leader last year was to Iran, shortly after he visited the US.
He was scheduled to travel to Saudi Arabia in his first foreign trip as prime minister last July, but the visit was cancelled at the last minute when King Salman had an operation to remove a gall bladder.
The Iraqi leader began his visit to the kingdom on Wednesday where he was received at Riyadh’s international airport by Saudi Arabia’s Crown Prince Mohammed bin Salman.
Iraq and Saudi Arabia agreed to set up a $3bn fund to boost the private sector in Iraq.
Butterfly The Central Bank of Iraq announced that it has added the feature of protecting banknotes from bacteria and viruses, including the Corona virus strain, which will soon be put into circulation, by adding the biological pesticide developed by international companies specialized in printing banknotes in coordination with the competent authorities .
The Central Bank of Iraq Information Office March 22, 2021
butterfly The Board of Directors of the Center for Banking Studies at the Central Bank of Iraq held its first meeting for the year 2021 chaired by the Deputy Governor Dr. Ammar Hamad Khalaf. A number of topics on the agenda were discussed, the most prominent of which is the training courses achieved during the first semester as well as the special training curriculum for the payments sector through Preparing a plan that includes training advanced and specialized cadres in electronic payment companies licensed by this bank, and this comes in light of the global and local trend towards creating an advanced generation that depends on an electronic banking industry.
butterfly Nothing in the CBI, Iraqi Parliament, Kurdistan Parliament websites about the budget. hmmm
Butterfly https://www.centralbanking.com/central-banks/currency/digital-currencies/7817761/richmond-fed-is-us-ready-for-digital-dollar Richmond Fed: is US ready for digital dollar?
butterfly Can I trade the Iraqi Dinar (IQD)?
At this time, FOREX.com does not offer trading in the Iraqi Dinar (IQD). However, we do offer forex trading in over 80 currency pairs in addition to silver and gold trading.
NORV LINK
https://alforatnews.com/news/%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D8%AA%D8%BA%D9%8A%D9%8A%D8%B1-%D8%B5%D8%B1%D9%81-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%B3%D9%8A%D8%B3%D8%AA%D9%85%D8%B1-%D9%84%D9%81%D8%AA%D8%B1%D8%A9-%D8%B7%D9%88%D9%8A%D9%84%D8%A9-%D9%88%D9%87%D8%B0%D8%A7-%D8%AA%D9%88%D9%82%D8%B9%D9%87-%D8%B9%D9%86-%D8%A7%D9%84%D8%AA%D8%B9%D9%88%D9%8A%D9%85
butterfly News Economical Finance Minister: The change in the dollar’s exchange will continue for a long time, and this is his expectation of the flotation
Finance Minister: The change in the dollar’s exchange will continue for a long time, and this is his expectation of the flotation
Time: 03/31/2021 10:07:48 Read: 16,484 times {Economist: Al Furat News} The Minister of Finance, Ali Allawi, said that the change of the dollar’s exchange rate will continue for a long time.
Al-Mukhtasar al-Mufid .. In important news, you can find it on the Al Furat News channel on the Telegram .. To subscribe, click here
On the recent devaluation of the Iraqi dinar by the government and the Central Bank, Allawi said in a press statement that "negative expectations on commodity price levels were expected and what happened came less than expected, but it was a necessary step for years because of its importance in structuring the economy and reducing the bill to support the dinar," He explained, "The negative effects of the devaluation gradually fade away."
He added, "The current price of the Iraqi currency against the US dollar after reducing its value will continue for a long time, and a full float may occur in the future, but the central bank will work now to maintain the current exchange rate level for as long as possible."
It is noteworthy that the exchange rates of the US dollar in exchange offices and local markets in the capital, Baghdad, reach 1435 dinars for purchase, and 1445 dinars for sale.
It is noteworthy that the Central Bank of Iraq decided on 19 December to amend the exchange rate of the dollar as follows:
1450 dinars per dollar is the purchase price of foreign currency from the Ministry of Finance.
1 Apr 21, 09:29 PM butterfly 1460 dinars per dollar, the selling price of foreign currency to banks.
1470 dinars per dollar is the selling price of foreign currency to the public.
It is noteworthy that Prime Minister Mustafa Al-Kazemi said during the Cabinet session held today, Tuesday, "We hope to stay away from auctions in the issue of the dollar exchange rate. The decision was taken by the Central Bank according to a targeted vision and strategy, and we began to see the results on the growth of the cash reserve, and on the classification of Iraq Credit internationally. "
"We look forward to expediting the passage of the federal budget law, and the paragraphs it contains that address the needs of the poorest classes, and support service projects that affect the lives of citizens," he added.
Ammar Al-Masoudi
butterfly {Al Furat News} publishes the text of the 2021 budget law in full
Time: 04/01/2021 19:51:31 {Economic: Al Furat News} Our agency publishes the text of the federal budget law for the year 2021 in full.
Al-Mukhtasar al-Mufid .. In important news, you can find it on the Al Furat News channel on the Telegram .. To subscribe, click here https://t.me/alforat_tv2
The House of Representatives voted to approve the budget law. Ammar Al-Masoudi
Zig If you access this chat via https://my.cbox.ws/ZIGPLACE You can make the box much bigger by clicking this link ZIGPLACE - Cbox
Zig’s Place Chat and News Thursday AM 4-1-21
.Zig’s Place Chat and News Thursday AM 4-1-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Xyz The first government comment on approving the budget .. This is what will happen in the coming days
Time: 04/01/2021 09:55:40 (Baghdad: Al Furat News) The financial advisor to the prime minister, Mazhar Muhammad Salih, said that there are projects that will be implemented in the coming days that were pending the approval of the 2021 budget law.
Saleh told {Al-Furat News} that "government expenditures constitute 50% for the operation of manpower and its effects for the operation of economic activity constitute 85%."
Zig’s Place Chat and News Thursday AM 4-1-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Xyz The first government comment on approving the budget .. This is what will happen in the coming days
Time: 04/01/2021 09:55:40 (Baghdad: Al Furat News) The financial advisor to the prime minister, Mazhar Muhammad Salih, said that there are projects that will be implemented in the coming days that were pending the approval of the 2021 budget law.
Saleh told {Al-Furat News} that "government expenditures constitute 50% for the operation of manpower and its effects for the operation of economic activity constitute 85%."
The government consultant added that "economic activity depends on government expenditures," stressing that "voting on the budget has a positive effect to initiate economic activities."
He pointed out that "there are new projects that will start work in the coming days and will provide thousands of job opportunities for the unemployed."
Saleh pointed out that "there are operational programs to combat poverty and promote the ration card items, which were awaiting the vote on the budget law.
The House of Representatives voted late last night on the articles of the Budget Law for 2021, after rounds of negotiations and conflicts that lasted for three months.
The political blocs, which participated in the voting session, added two articles that were not included in the draft budget. The first obliges the Council of Ministers to send the names of those assigned to the positions of independent bodies and special ranks to Parliament, by no later than June 30, to end the management of those positions by proxy.
As for the second article added to the law, it stipulates allocating 30,000 job grades for the return of those whose contracts have been avoided by the members of the Popular Mobilization Forces.
Five articles (20, 38, 42, 43, 47) were dropped in the vote. Parliament voted on Article (11) on the Kurdistan region’s share smoothly, and this article was one of the most prominent articles that obstructed the vote on the law.
xyz LINK
xyz approval of the oil and gas law in the near future will have a positive impact towards resolving the existing differences between the federal government and the region https://www.mawazin.net/Details.aspx?jimare=147911
xyz Iraq's Parliament (House of Representatives) has approved the Federal Budget Law for 2021 on Wednesday night.
The budget is reportedly based on an oil price of $45 per barrel, and oil exports of 3.25 million barrels per day, giving a budget of 129 trillion Iraqi dinars ($89 billion) and a budget deficit of 28.7 trillion trillion Iraqi dinars ($19.79 billion).
The 2021 budget set an oil price of $45 a barrel with expected oil exports of 3.25 million barrels per day. https://www.iraq-businessnews.com/2021/04/01/iraqi-parliament-approves-2021-budget/
Xyz MP discloses how the Parliament passed the obstacles course of the 2021 budget
Shafaq News/ A member of the Parliamentary Finance Committee revealed on Thursday the hurdles of the Marathon journey towards the quest of the Budget.
Committee members, MP Jamal Kocher, said in a statement to Shafaq News Agency, "the committee reduced the expenditures from 164 trillion dinars to 129 trillion dinars and cut the fiscal deficit from 71 to 28 trillion dinars."
"The committee held 45 sessions and 55 meetings with ministers, governors, and officials to discuss the investment and operational expenditures in the budget."
"The committee amended most of the budget provisions. The budget that the Parliament voted upon is different from the budget the government submitted."
"The price of the oil barrel in the budget voted upon is 45$ instead of 42$ with a fixed dollar exchange rate, as stipulated by the government's budget."
"Political disputes, electoral score-settling, and unrealistic demands halted the approval of the budget."
Yesterday, Wednesday, the Parliament approved the budget bill after three months of ebbs and flows.
The share of the Kurdistan Region in the Federal Budget was settled at 12.67%, nearly 106 trillion dinars. https://shafaq.com/en/Iraq-News/MP-discloses-how-the-Parliament-passed-the-obstacles-course-of-the-2021-budget
Butterfly Masoud Barzani: Approving the financial budget is a positive step in the right direction
Thursday 01, April 2021 15:10 President of the Kurdistan Democratic Party, Massoud Barzani, considered the approval of the federal financial budget a positive step in the right direction and the beginning of strengthening the foundations of dialogue and peaceful coexistence.
Masoud Barzani thanked all the Kurdish parties, the negotiating delegation, the Kurdish blocs and other Iraqi blocs that worked resolutely to reach the approval of the budget and stabilize the rights of the Kurdistan region, saying in his message that the approval of the Iraqi financial budget is a positive step in the right direction. And restore the foundations of partnership between all Iraqi components
butterfly Nechirvan Barzani: We hope that the approval of the budget will be a good start and an incentive to solve the rest of the region's problems and the federal government
Thursday 01, April 2021 14:33 The President of the Kurdistan Region, Nechirvan Barzani, expressed his hope that the approval of the budget would become a good start and an incentive to solve the rest of the region's problems and the federal government.
Barzani said in a statement today: "On the occasion of the approval of the Iraqi federal budget, I congratulate the people of Iraq and intensify at the hands of the presidency and all the parliamentary blocs, indicating that the efforts of Prime Minister Mustafa Al-Kazemi to ease differences and achieve agreement are appreciated and thanked. For the purpose of solving problems, achieving stability, ages and a better future." Iraq needs joint cooperation and joint action, and we must all support this trend. "
He added: "most particularly by Qubad Talabani , head of the delegation of the provincial government negotiator who fought with members of the delegation of the Kurdistan region in the same long and successfully difficult talks. And more at the hands of Kurdish blocs that cooperated and Taaddt among themselves and with the government delegation to stabilize the region 's share in the Iraqi budget.
He He hopes that all parties will abide by this law. Ratification of the budget can become a good start and an incentive to solve the rest of the problems of the Kurdistan region and the federal government.
The implementation of the law will lead to the strengthening of the political process and coexistence and the consolidation of the right to citizenship for all, and open the door to fruitful dialogue for all parties to work We are all together for the sake of the stability, reconstruction and progress of the country .
butterfly The high exchange rate of the dollar on the local stock exchange
Thursday 01, April 2021 09:55 The exchange rates of the dollar rose on the main stock exchange in Baghdad today, Thursday.
The central Al-Kifah and Al-Harithiya Stock Exchanges in Baghdad recorded 146,750 dinars, compared to 100 US dollars.
While the Kifah Stock Exchange recorded 145.750 dinars when it opened on Wednesday morning.
The price increased in the exchange shops in the local markets in Baghdad as well, as the purchase price reached 145,750 dinars per 100 dollars, and the sale was 146,750 dinars.
EYEGUY Ok I`m just a messenger of the following post take it or leave
EYEGUY 48 hours from Wednesday is the current plan to have this in the Gazette ( law library).
This should be our day we have been waiting for. Then or shortly after that. That is of course unless they let it go before that time ( like sometime today or tonight ) We wait norm
Sairoun: The budget will be sent to the Presidency of the Republic within 48 hours for the purpose of approval
The Saeron Alliance announced, on Thursday, that the budget law voted on will be sent to the Presidency of the Republic within the next 48 hours for the purpose of approval and entry into force.
The deputy, Badr Al-Ziyadi, said to / the information / that "the Presidency of Parliament directed to reprint the draft budget in accordance with the latest amendments, additions and deletions that took place in the voting session yesterday."
He added that "after its completion, it will be sent to the Presidency of the Republic within 48 hours for the purpose of approval," noting that "it will be sent to publication after approval in the Official Gazette, and then it will enter into force."
Al-Ziyadi explained that "the exchange law will take effect from the first of January at the beginning of this year."
On Wednesday, the House of Representatives voted on the budget bill.
Doug_W EYEGUY the budget has 0 to do with rate that is the CBI
Zig EYEGUY : How about inviting @Norm to visit here?
EYEGUY as I said above Im a messenger take it or leave ...I will offer it he has his own website
Zig I see
EYEGUY cant find it sorry I never go to it Im at work ....so later
EYEGUY I`ll get it .....dont think anybody knows all ...............I know this we WAIT
Dave Wow...CBI has some plans,,,,,,,?
Dave hmmm.....Paging butterfly........
Dave Mubasher: Mustafa Ghaleb Makhaif, governor of the Central Bank of Iraq, confirmed today, Thursday, that his country is continuing to implement its reform plans.
The Central Bank of Iraq said in a statement today, Thursday, that Governor Mustafa Ghaleb Mkhaif participated, as a representative of Iraq, in the spring meetings of the International Monetary Fund.
Mkhaif stressed, during a speech at the meeting, that Iraq was implementing its reform plans towards fiscal and monetary policy.
The governor noted that the Corona pandemic was and still is one of the obstacles facing the Iraqi economy, despite the preemptive measures that either the central bank or the government worked on.
The Governor of the Central Bank of Iraq affirmed the country’s keenness on international and regional openness to serve Iraq’s economic and financial interests.
Nominations https://www.mubasher.info/news/3786697/%D9%85%D8%AD%D8%A7%D9%
UNEEK EYEGUY I WENT TO NORMS website - much is password protected - I could not find an option to join - could you advise? thanks
Dave International what?
Zig Dave : Butterfly is busy with other matters today....
Zig UNEEK : Where did you see a link to his website?
UNEEK Zig in his last post https://www.norm-1.com/
Zig UNEEK : Thanks....I may try to invite them if I see contact info.
Dave Zig ready to to cough up that 10%
Zig Dave : Don't be silly....lol
UNEEK ok there is an address you can contact him about his artwork most everything is password protected
Dave Zig Kurds happy....1st time
Dave White paper chatter....Done? CBI.......even more chatter,,,show some enthusiasm........lol
Sheila Dave sounds great
Dave sheila BESTEST news in a long while.......?
Sheila Dave Were the MOU's that Kadhimi was signing with Saudi Prince Salman on March 31, 2021, part of the White Papers?
Dave sheila a pasture of MOUs........?
Dave enhancing private investing........sounds good to me
Dave moos...oops
Sheila Excerpt: from SusanaC: It is my opinion the CBI like TX will wait 'till last minute. Our RV project rates are great: 3.71 [both] iranian RIAL and IQD, 0.47-2-6-12-16 dong, [and] zim 0.11-0.36/up to 0.6 [minus6zeros], IDR 1.08
Zig Dave : Very rare occurrence to see you optimistic :Thud:
butterfly https://ninanews.com/Website/News/Details?key=896702
An economic center invites everyone to participate in the stability of the dollar exchange rate against the dinar
Thursday 01, April 2021 20:45 The Director of the Iraqi Political Economic Center, Wissam Haddamal Al-Helou, called on all concerned parties to participate in stabilizing the exchange rate of the dollar against the dinar after approving the budget at a price of 145 thousand dinars.
Al-Hilu said in a statement to the center: that after the federal budget passed yesterday between supporters and opponents of the political bloc in the House of Representatives and the confusion of the simple citizen regarding the high prices in the current circumstance, we call on all parties concerned to cooperate in stabilizing the exchange rate of the dollar and controlling it through the supervision of the Iraqi Central Bank "On the official exchange rate rates established and fixed in the budget, following up on all sales outlets in the market, and not making the citizen exposed to the increase in exchange rates due to the discrepancies in the black market and the initiators of economic rumors."
He pointed out that "any statement after approving the budget, whether from certain groups for or against, will cause instability in the markets and the citizen’s lack of confidence in prices, and in the end the biggest loser is the Iraqi citizen.
Dave SusanaC????
butterfly He added: We are heading to the days of the blessed month of Ramadan. We call for the month of mercy to be a month of mercy, not a month of resentment for all segments of the Iraqi people, by raising the prices of foodstuffs by following up the markets periodically and with all formations and the competent authorities in all supervisory, economic and security specialties so that the citizen does not become subject to exploitation of the weak Souls raise prices .
Sheila Dave from TNT... she seems to be as optimistic as me... lolol
Zig sheila : Impossible
Dave sheila SEE that art from CBI........???
Dave butterfly?
Sheila Dave the one you just posted above?
butterfly https://ninanews.com/Website/News/Details?key=896691 Labor launches social welfare salaries
Thursday 01, April 2021 19:37 Today, Thursday, the Ministry of Labor and Social Affairs announced the launch of social aid salaries for the month of April 2021.
Minister of Labor Adel Al-Rikabi said in a statement, that “the social assistance salaries for the month of April have been released to more than one million and 390 thousand families in Baghdad and the governorates except for the region. Kurdistan, "noting that" the total amount reaches more than (204) billion dinars. "
Al-Rikabi called on the included families to review the exchange outlets to receive social aid, indicating that" the number of families headed by men reached (974,978) families with an amount of up to More than (155) billion dinars, while the number of families headed by women reached (41,8,616) families, an amount amounting to more than (49) billion dinars. /
butterfly After I said that to one the other day............he said he loves old broads. Gave me a good laugh. Of course you do.....money money money
butterfly https://ninanews.com/Website/News/Details?key=896679
Reuters: OPEC + reaches agreement on a gradual increase in production from May
Thursday 01, April 2021 18:27 Reuters, quoting an informed source, said: “Today, the OPEC + group has reached an agreement on a gradual increase in oil production, starting from May,” indicating that it has not yet agreed on the figures for the gradual increase in production.
Reuters had said earlier today, citing its sources, that: “OPEC + is considering increasing production by 350 thousand barrels per day in May, and the same in June, then 400 thousand barrels per day in July.”
Dave butterfly 5 more sleeps will you be even more alluring......
butterfly Hey here is one from the CBI
Dave butterfly beat you alreadt
butterfly https://ninanews.com/Website/News/Details?key=896676
Central Bank Governor: Iraq is in the process of implementing its reform plans towards fiscal and monetary policy
Thursday 01, April 2021 17:59 The Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhif, confirmed that Iraq is continuing to implement its reform plans regarding fiscal and monetary policy.
According to a statement to inform the bank, the bank 's governor of the Iraqi Central Mustafa Ghalib scary participated representatives from Iraq 's meetings spring to the International Monetary Fund said during a speech at the meeting that Iraq is the implementation of reform plans towards fiscal policy and monetary. "
He said:" The pandemic Corona was and is still one of the obstacles Facing the Iraqi economy despite the pre-emptive measures that the central bank or the government worked on. "
The governor affirmed that the country is keen on international and regional openness in a way that serves Iraq's economic and financial interests .
butterfly Well poop Dave I shall retire then.
Dave LIKE HEARING FROM CBI.....Awaiting translation from Kap
Butterfly https://ninanews.com/Website/News/Details?key=896731
Washington: The meeting of the signatories to the nuclear agreement is a positive step
Thursday 01, April 2021 22:54 The US State Department welcomed the meeting of the signatories to the Iran nuclear agreement on Friday, and considered it a "positive step."
This came during a press conference by State Department spokesman Ned Price, today, Thursday.
Earlier, Price confirmed that US Secretary of State Anthony Blinken is discussing with European allies ways to revive the nuclear agreement through "a series of initial steps" by both sides, that is, Iran and the signatories to the agreement.
It is scheduled to hold a virtual meeting tomorrow, Friday, between officials from Iran, China, Russia, France, Germany and Britain to discuss the possible return of the United States to the agreement signed in 2015, the European Union confirmed Thursday.
butterfly https://ninanews.com/Website/News/Details?key=896729
Muhammad al-Sudani affirms that (17) million Iraqis have been affected by the high dollar and calls on the government to address the harm inflicted on them
Thursday 01, April 2021 22:36 A member of the committee to follow up the implementation of the government program and the parliamentary strategic planning, Muhammad Shiaa al-Sudani, confirmed that (17) million Iraqis have been affected by the rise of the dollar, calling on the government to address the harm they suffer.
Al-Sudani enumerated in a statement the number of the poor and those near poverty that were affected after raising the dollar exchange rate, indicating that nearly (17) million Iraqis were affected by the government and parliament’s decision to adopt the exchange rate of the dollar (1450) dinars, stressing the importance of taking measures to protect them and relieve them of their shoulders and not It left them vulnerable to tensions between government measures and the game of market trade, despite the lack of confidence in the government's ability to manage this crisis.
butterfly Al-Sudani indicated that there are approximately one million and (400) thousand families (975 thousand families headed by a man, 417 thousand families headed by a woman) below the poverty line that receive cash benefits from the social protection network, i.e. up to (5.5) million with family members (average The number of family members (4), plus one million requests for the purpose of new inclusion, that is, up to (4) million with family members, explaining that the class of low-income people who have contracts and daily wages and employees in the tenth and ninth ranks have low salaries that do not exceed 500 thousand dinars per month.
These, according to market accounts today, also have their living conditions adjacent to the poverty line, their number is approximately one million employees, that is, up to (4) million with family members, in addition to the presence of retired workers from the private sector with insured persons numbering about 273 thousand who receive a pension or wages at a rate of about 300 thousand dinars.
That is, with family members of up to (1) million citizens, with the presence of workers in the unorganized private sector in unknown numbers, they have become close toThe poverty line is estimated to number (1.5) million citizens with their families.
Al-Sudani added that the number of retirees who receive salaries is 600 thousand dinars, so the number of retirees with their families is estimated at (1) million citizens who also face difficulty in securing the high living requirements in all fields.
butterfly Al-Sudani called for addressing the current economic crisis in light of the foregoing, and that this large number of poor and near poverty needs urgent protection measures and serious treatments, the most important of which is to ensure the distribution of the ration card items on a monthly basis without interruption, as well as increasing the cash aid for those covered by the social protection network while expanding coverage for the beneficiaries, with the necessity Reconsidering the minimum wage, as well as actively and real support for agriculture and industry to generate additional job opportunities that reduce unemployment and thus reduce the rise in poverty rates.
Dave DANG.....a further devaluation in the iqd according to Kap? or rather reminding how poor those Iraqi are?
butterfly https://ninanews.com/Website/News/Details?Key=896732
A day after the House of Representatives approved the 2021 Budget Law ... the start of paying employees of the Ministry of Electricity
Thursday 01, April 2021 22:56 The Ministry of Electricity announced the start of paying the salaries of its employees a day after the House of Representatives approved the 2021 budget law.
A statement of the ministry stated, “After the great efforts made by the Ministry of Electricity regarding securing and including dues of electricity contracts and wages, and based on Cabinet Resolution No. 114, the Ministry started Today, Thursday, it handed over instruments for the payment of contracts and wages of its employees' dues in all Ministry formations for one month.
He added, "Based on what was approved by the House of Representatives yesterday, Wednesday, by voting on the state’s general budget, the ministry began today, Thursday, immediately with procedures for securing the remaining dues payable for the year 2020, and securing dues for the current year 2021, through official correspondence and reviews with the relevant ministries and preparing central collection lists And that the dues will be disbursed regularly during the months of the current year for them. "
He continued, "Today, Thursday, the salaries of the ministry’s employees have been secured from the permanent staff, and will be disbursed on Sunday of next week," noting that "the approval of the budget that was voted on will ensure that salaries are paid on time."
Dave OR?????
butterfly NOT GOOD..................https://ninanews.com/Website/News/Details?key=896734
International Atomic Energy Agency: Iran increases advanced uranium enrichment equipment at the Natanz facility
Thursday 01, April 2021 23:11 The International Atomic Energy Agency (IAEA) said, on Thursday, that Iran has begun enriching uranium through a fourth set of advanced centrifuges (IR-2M) in an underground facility in Natanz, in a new violation of the nuclear agreement.
The agency said in a report that it had verified that Iran had begun pumping natural uranium hexafluoride into a fourth group of 174 IR-2M centrifuges at the fuel enrichment plant, "referring to the underground Natanz plant.
UF6 is the image in which it is fed." Centrifuges with uranium for enrichment
This development comes two days after a senior American official declared that his country was ready to return simultaneously to the nuclear deal with Iran, from which it withdrew 3 years ago.
The official, who preferred not to be named, added that Washington is looking at options to return to the nuclear deal, including indirect discussions with Iran through European partners.
This development represents a shift in the American position, which was insisting, since the beginning of President Joe Biden's administration, that Iran return to its obligations under the agreement, in order for America to return to it and lift the sanctions on Tehran.
Dave you really need to throw that monkey wrench in?
butterfly Sorry but this one made me laugh. Poor Maliki is as corrupt as way back when I got into this investment:
Al-Maliki appreciates Moscow's position in support of the sovereignty and stability of Iraq
Thursday 01, April 2021 20:58 President of the State of Law Coalition, Nouri Al-Maliki, received in his office today the Ambassador of the Russian Federation to Iraq, Maxim Maximov, on the occasion of the end of his duties as Russia's ambassador in Baghdad.
According to a statement by his office, al-Maliki expressed his appreciation for the efforts made by the ambassador during his tenure, wishing him success in his new duties.
The statement added that during the meeting, views were exchanged on issues in the region, and ways of joint cooperation between Iraq and Russia in order to achieve stability.
The head of the State of Law coalition referred to the challenges that Iraq is witnessing, including the security challenge, and the ongoing preparations for early elections, to change the reality in the country, stressing the importance of controlling the security situation and addressing the armed chaos because it is a real obstacle to holding the elections, appreciating Moscow's position in support of the sovereignty and stability of Iraq. .
For his part, the Russian ambassador renewed his country's support for Iraq and the desire to strengthen ties in all fields and expand economic and cultural cooperation between the two countries.
butterfly https://ninanews.com/Website/News/Details?key=896696
US Consulate in Kurdistan: We hope that the budget will achieve a more stable economy for Iraq
Thursday 01, April 2021 19:56 The US Consulate in the Kurdistan region sent, on Thursday, a letter to the governments of Baghdad and Erbil after reaching an agreement within the draft budget for 2021 on Wednesday.
In its message, the consulate congratulated the federal and regional governments for reaching an agreement on the federal budget law for the year 2021.
She added, and we also congratulate the negotiation team in the Kurdistan Regional Government led by Deputy Prime Minister Qubad Talabani, hoping that the passage of this law will lead to a better consolidation of relations between Erbil and Baghdad. And to bring about a more stable economy for the country.
The House of Representatives voted in its session yesterday, Wednesday, on the fiscal budget law for 2021 with a value of 129 trillion dinars.
Dave yeah Maliki made huge on all the defective weaponry, bomb detectors from Russia
Xyz 4-1-2021 Intel Guru Frank26 All I know is this blessing is coming. I have no doubt.
Zig If you access this chat via https://my.cbox.ws/ZIGPLACE You can make the box much bigger by clicking this link ZIGPLACE - Cbox