.Zig’s Place Chat and News Late Thursday PM 5-20-21

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

BobbyC I still watch the development process from monetary and economic numbers to global standards as far as ease of doing business and the corruption index. Lately they got slapped on freedoms of the press which is always a global black eye

BobbyC Oh and also their suspension from the Extractive Industries Transparency Initiative which will be HUGE in allowing international investments into Iraq. No way Iraq can mange their natural resources without outside help, no outside help, there will always be extensive corruption. Hence the HCL :) Back to the PGA Championship

.Zig’s Place News Thursday Afternoon 5-20-21

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

Butterfly Economic by / NINA /: Iraqi minds must be invested at home or abroad to build the state economically

Thursday 20, May 2021 19:40 .......An expert in economic affairs, Safwan Qusay, confirmed that the process of building a state in Iraq needs a set of requirements, including the selection of human resources, calling for the investment of Iraqi minds at home or abroad to build such a state.

Qusay said in a statement to the Iraqi National News Agency / NINA / that: The process of building the state in Iraq needs a set of requirements, including the selection of human resources that can favor the public interest over the private interest, and that the process requires respecting legal legislation and not tampering with laws for private purposes. All of this requires investment in building people and rebuilding those who were not built properly.

.Zig’s Place Chat and News Thursday AM 5-20-21

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

butterfly An independent politician warns of a plot to collapse the currency and the national economic system

Thursday 20, May 2021 09:26...............Baghdad / The independent politician Thaer Munir Al-Zubaidi warned of a plot to collapse the currency and the national economic system.

Al-Zubaidi said in a statement carried by his media office: "The continuous rise in the exchange rate of the dollar, especially during the past two days, confirms the existence of a plan to hit the national economy and its national currency."

.Zig’s Place Chat and News Late Wednesday PM 5-19-21

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

Butterfly Newspapers are following the expected date for the resumption of the parliament sessions and the government's readiness to prepare the budget for next year

Thursday 20, May 2021 01:34.......The newspapers published in Baghdad today, Thursday, the twentieth of May, followed the expected date for the House of Representatives to resume holding its sessions, the important laws on its agenda, and the government's readiness to prepare the budget for next year 2022, and other topics.

Al-Zawraa newspaper, issued by the Iraqi Journalists Syndicate, said: "The House of Representatives intends to resume its regular sessions by next week, as the parliamentary circles await the presentation of important laws on the agenda for approval in conjunction with the approaching elections date on the tenth of next October."

.Zig’s Place Chat and News Wednesday Afternoon 5-19-21

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

Butterfly Representative economy: The Minister of Finance is still insisting on fighting citizens through the price of the dollar 15:16 – 05/18/2021 Representative economy - The Minister of Finance is still insisting on fighting citizens through the price of the dollar Information / Special …

A member of the Parliamentary Economic and Investment Committee, Mazen Al-Faily, warned, on Tuesday, of the Ministry of Finance continuing its policy of restricting citizens and fighting them over their livelihoods, through the dollar exchange paper.

“The Minister of Finance, Ali Allawi, is still insisting on raising the price of the dollar and restricting citizens, especially those with limited income, despite the rise in oil prices and growing oil revenues,” Al-Faili said in a statement to the agency.

.Zig’s Place Chat and News Wednesday AM 5-19-21

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

BobbyC Iraq is still Iraq.....2021-05-19 05:32 Shafaq News/ A member of the Parliamentary Committee for Integrity said that "political interference" hampered opening the corruption files of former Ministers and government officials.

BobbyC You can add that, Political interference, to the Banking, Oil, Ag, Private and any other Sector in Iraq. Once that gets handled, we might have a chance

Butterfly Oil prices fall due to Corona Wednesday 19, May 2021 09:56............Oil prices fell for the second consecutive session, today, Wednesday, due to renewed demand concerns with the rise in cases of Coronavirus in Asia and fears of high inflation, which may push the US Federal Reserve to raise interest rates, which may limit economic growth. .

.Zig’s Place Chat and News Tuesday PM 5-18-21

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

butterfly Parliamentary law by / NINA /: Presenting requests to lift the immunity of those wanted by the judiciary requires a vote by the House of Representatives

Tuesday 18, May 2021 16:17......The Parliamentary Legal Committee disclosed the fate of the requests to lift the immunity of the deputies registered legal cases against them.

A member of the committee, MP Hassan Fadam, stated in a statement to the Iraqi National News Agency / NINA / that "granting a member of the House of Representatives legal immunity is valid if he is sworn in to occupy the parliamentary seat during the mandate of the legislative session."

.Zig’s Place Chat and News Tuesday AM 5-18-21

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

BobbyC The only real way to put your money into other currencies is thru FOREX and trading on FOREX mostly deals with pairing the 5 SDR currencies . Buying the physical notes of a tradable currency is just ignorance

18 May 21, 06:12 AM BobbyC The Chinese corporate delegation arrives in Baghdad and announces the start of work in building 1,000 schools across Iraq, with modern global designs and specifications.

BobbyC Zig GM I did not know that. Thanks

BobbyC So the Chinese Agreement is in force?

BobbyC I take it NORV is not a person but a NO RV lol Hard to argue against that one

.Zig’s Place Chat and News Late Monday PM 5-17-21

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

Sandyf @BobbyC sandyf I believe what I said was 2 different denominations of the current currency (250 to the 50K note) If those HD's are kept in the market , along with the supposed LD's of IQD, let's say 1 to 50, it would be mass confusion I threw in the 1K USD to reflect a currency still in use, thru the Banks, but not in the market

BobbyC My thinking is Iraq will re-denominate before new LD's are issued. Gives weight to Iraq wanting to go from Trillions to Billions - LDs of the current currency are worthless and never going to happen. LDs will come with the redenomination and at 1000:1(3 Zeros) it would change the money supply from Trillions to Billions

.Zig’s Place Chat and News Monday PM 5-17-21

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

butterfly The rise in the price of the dollar in Baghdad and its decline in Kurdistan

The rise in the price of the dollar in Baghdad and its decline in KurdistanShafaq News / The exchange rate of the US dollar against the Iraqi dinar increased on Monday on the main stock exchange in the Iraqi capital, Baghdad, while it decreased in the Kurdistan region.

The Shafaq News Agency correspondent said that the Al-Kifah and Al-Harithiyah Central Stock Exchange in Baghdad recorded, today, 148,500 Iraqi dinars against 100 US dollars.

The Central Kifah Stock Exchange had recorded 148,300 Iraqi dinars during its opening last Thursday morning.

.Zig’s Place Chat and News Monday AM 5-17-21

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

BobbyC Mon, May 17 at 3:00 AM.....Dear Robert, Rebuild Iraq is back! Co-hosted with the National Investment Commission and the Government of Iraq, Rebuild Iraq will showcase the new opportunities for diversification away from Iraq’s oil-based economy.

The Corona pandemic has highlighted the need to build back better, targeting industries that have been neglected over several decades. Key sectors including housing, health, tourism, agriculture, power and many others that are in need of private investment.