Zig’s Place Chat and News Tuesday PM 6-1-21
.Zig’s Place Chat and News Tuesday PM 6-1-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
butterfly World Bank: Our portfolio in Iraq includes two billion dollars
Tue 01, Jun 2021 19:47......The head of the World Bank office in Iraq, Ramzi Noman, confirmed that the bank's plans in Iraq aim to implement many projects in various sectors, noting: "The bank's portfolio in Iraq includes two billion dollars."
Noman said in a press statement, "The World Bank has in Iraq a portfolio of two billion dollars covering different sectors." He added, "Therefore, we consider ourselves essential partners" with Iraq in achieving economic development.
Zig’s Place Chat and News Tuesday PM 6-1-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
butterfly World Bank: Our portfolio in Iraq includes two billion dollars
Tue 01, Jun 2021 19:47......The head of the World Bank office in Iraq, Ramzi Noman, confirmed that the bank's plans in Iraq aim to implement many projects in various sectors, noting: "The bank's portfolio in Iraq includes two billion dollars."
Noman said in a press statement, "The World Bank has in Iraq a portfolio of two billion dollars covering different sectors." He added, "Therefore, we consider ourselves essential partners" with Iraq in achieving economic development.
The head of the World Bank office in Iraq indicated that "the bank's policy is not limited to consulting and financing, but includes the implementation of various projects in the sectors of electricity, transportation, health" and other projects.
And the World Bank held in Baghdad today a conference with the participation of Iraqi officials from various sectors to discuss ways to develop the Iraqi economy and support groups of society.
butterfly UAE Ambassador: We granted 200 multiple annual visas, open to Iraqi businessmen
Tuesday 01 June 2021 20:16 ......The UAE ambassador in Baghdad announced the granting of 200 multiple annual visas open to Iraqi businessmen.
A statement by the Federation of Iraqi Chambers of Commerce said that "Ambassador Salem Issa Al-Zaabi, ambassador of the United Arab Emirates, visited the head of the Federation of Iraqi Chambers of Commerce, Abdul Razzaq Al-Zuhairi, to discuss bilateral relations."
Al-Zaabi stressed, "We are confident of Iraq's desire to strengthen these ties...and activate the movement of goods and commodities, and we are fully prepared and cooperate in strengthening trade and economic relations between our two countries and creating a fertile ground for discussing all files and exchanging goods and merchandise."
For his part, Abdul Razzaq Al-Zuhairi said, "The visit confirms that the atmosphere is ripe and that there is a fertile environment for the entry of Emirati companies known for their sobriety and professionalism...especially as we aspire to hold a large Iraqi-Emirati forum that includes senior businessmen."
He added, "The ambassador informed me that there are 200 open multiple annual visas granted to Iraqi businessmen, and it is a great gain that Iraq opens up to the Arab surroundings and the brothers take the initiative to open new horizons with us, especially since Iraq is a country rich in human wealth and economic potential."
He continued, "We hope that the countries of the Arab and regional surroundings will have the desire to invest, work and convey the positive and bright image of Iraq... and that our role as the Federation of Iraqi Chambers of Commerce is to strive to maintain and strengthen the momentum of these relations."
butterfly The Council of Ministers decides to allocate 500 billion dinars to support the ration card
Tuesday 01 June 2021 21:59..........The Council of Ministers decided that the Ministry of Finance would allocate 500 billion dinars to support the ration card.
butterfly Planning: Inclusion of 8 new governorates in the Social Fund for Development projects
Tuesday 01 June 2021 20:32...........The Ministry of Planning announced the launch of social mobilization operations in 8 governorates within the second package of projects of the Social Fund for Development.
The director of the fund, Najla Ali Murad, said, "The new governorates that have been included are 8 governorates, within two groups. The first group includes the governorates (Anbar, Dhi Qar, Diwaniyah, and Nineveh), in which lists are being prepared for the projects that were selected from the residents of the villages covered in coordination with Local governments, and the second group includes the governorates (Maysan, Babil, Baghdad, and Sulaymaniyah),
in addition to the inclusion of new villages in the governorates (Al-Muthanna, Salah al-Din and Dohuk) that were previously included in the first phase of the Fund’s projects, explaining: “Field teams have been formed In the covered governorates, it is composed of the planning and statistics departments affiliated to the Ministry of Planning in each governorate.
And she confirmed, "These teams began their field visits to the villages that were selected, starting from the first of June, and they met the local residents, and these meetings witnessed a detailed explanation of the Fund's tasks, the project selection mechanism, and the role of the villagers in choosing the project."
butterfly **A former deputy warns of a government tendency to raise the dollar exchange rate: The dinar will blow up! 09:47 – 01/06/2021
25k Iraqi Dinar notesBaghdad – Mawazine News, former MP Sabah Al-Tamimi commented, on Tuesday, on the news circulating about the current government’s direction to change the exchange rate of the US dollar against the Iraqi dinar.
Al-Tamimi said in a statement that Mawazine News received a copy of it, “The change in the exchange rate of the hard currency against the national currency, again during this period, will lead to the devaluation of the Iraqi dinar.”
Al-Tamimi warned of the danger that “this new financial approach will lead to an economic crisis that is many times worse than the Trinity crisis that struck Iraq last year.”
She indicated that “the continued spread of this news, which is a real intention of the government, will lead to the collapse of the Iraqi dinar, and the rise in the dollar exchange rate to above the barrier of 200 thousand dinars.” Ended 29/A 4 mawazin.net
butterfly CHECK THE ARTICLE ABOVE................
butterfly The government begins preparing the 2022 budget.. What about the dollar exchange rate?
2021.06.01 – 09:47 The government begins preparing the 2022 budget.. What about the dollar exchange rate Baghdad – people
The Parliamentary Finance Committee announced, on Tuesday, that the Council of Ministers formed a committee to prepare the draft federal budget law for the year 2022, while making it clear that economic conditions do not help to reverse the decision to raise the price of the dollar.
Committee member Jamal Cougar said in a statement to the official agency, followed by “Nass”, (1 June 2021), that “the Ministry of Finance begins preparing the general budget in the sixth month of each year, as the governorates and ministries demand to submit their budgets in the middle of the eighth month,” stressing the “necessity of That the ministries of finance and planning decide to prepare the initial draft for the year 2022 and submit it to the House of Representatives in mid-October.
He pointed out that “the Council of Ministers formed a committee to prepare the draft federal budget law for 2022, and there are representatives from Parliamentary Finance involved in the discussions,” calling “the current government to submit the draft budget and be ready for discussions for the next government.”
He pointed out that “the economic conditions do not currently allow for a reversal of the current exchange rate option.” nasnews.com ................
butterfly Iraqi Dinar/US Dollar auction results 6-1-2021
United States DollarThe results of the foreign currency sale window for Tuesday 6/1/2021 and implemented today Announcement No. (4420)
Sale date – Tuesday 6/1/2021 and executed today the details the amount
Total sale for the purposes of strengthening balances abroad (remittances, credits)
146,226,000 Total cash sale 50,150,000 Total total sales 196,376,000
Note that: The selling price of the amounts transferred to bank accounts abroad is ( 1460 ) dinars per dollar. The cash sale price is ( 1460 ) dinars per dollar. cbi.iq/currency_auction/view/1035
Dave **** A former deputy warns of a government tendency to raise the dollar exchange rate: The dinar will blow up! …… a bitter spectator?
Dave 1186 to1460......CV....crash on oil......being oil dependent ......IQD has crashed 19 cents to the dollar in recent months........with oil now on the rise......?????
butterfly Dave I look at all of this information as speculation.............as we are speculating on the dinar.
butterfly 2021-06-01 15:17 Shafaq News / The Security Media Cell reported that the most prominent terrorist supporting ISIS cells had been arrested on the left side of Mosul.
The cell said in a statement that accurate intelligence information confirmed the presence of a prominent female terrorist in al-Qadisiyah neighborhood on the left side of Mosul, who held an administrative position in the so-called Diwan Al-Hisbah before the liberation of the ISIS-controlled cities, and is currently one of the most prominent terrorists supporting sleeper cells by providing them with money.
According to the source, the security forces raided the house the terrorist was staying at and arrested her.
butterfly 2021-05-31 08:07 Shafaq News/World Health Organization, at the heart of the world's slow and stuttering handling of the COVID-19 pandemic, faces a potential shake-up aimed at preventing future outbreaks from destroying lives and livelihoods.
Health ministers agreed on Monday to study recommendations for ambitious reforms made by independent experts to strengthen the capacity of both the U.N. agency and countries to contain new pathogens.
Under the resolution submitted by the European Union, and adopted by consensus, member states are to be firmly in the driver's seat of the reforms through a year-long process.
The new virus has infected more than 170 million people and killed nearly 3.7 million, according to a Reuters tally of official national figures.
Health ministers from WHO's 194 member states will also meet from Nov. 29 to decide whether to launch negotiations on an international treaty aimed at boosting defences against any future pandemic.
butterfly WHO's emergencies director, Mike Ryan, welcomed the decisions, telling its annual ministerial assembly: "Right now the pathogens have the upper hand, they are emerging more frequently and often silently in a planet that is out of balance.
"We need to turn that very thing that has exposed us in this pandemic, our interconnectedness, we need to turn that into a strength," he said.
The decisions, approved in committee, are due to be formally adopted in a plenary session later on Monday, the last day of its week-long assembly.
One panel, headed by former New Zealand Prime Minister Helen Clark and Ellen Johnson Sirleaf, a former president of Liberia, said that a new global system should be set up to respond faster to disease outbreaks to help ensure no future virus causes a pandemic as devastating as COVID-19.
The experts, who found crucial failures in the global response in early 2020, said that the WHO should be given the power to send investigators swiftly to chase down new disease outbreaks and to publish their full findings without delay.
They also called for setting up a Global Health Threats Council, to be led at the head of state and government level, to maintain political commitment to pandemic preparedness.
"The world was hit by this virus unprepared. And if another virus emerged tomorrow this would be still be the case," Björn Kümmel, of Germany's federal health ministry, said last week.
"A green light for this treaty process is the greatest commitment to learn from this crisis that this Assembly could have sent out. It is the most effective way to make sure that the global health crisis becomes the final one." Source: Reuters
Dave agreeD.... just commenting...G7 nations have been getting clobbered....imports on furniture up 275% lumber 300% ......gas everything has gone up.........Poor nation like Iraq has done well keeping their head out of water i figure.
Dave Would not be surprised if the average cost has gone up by the same measure in the last 1.5 yrs.......in our nations...speaking about Canada it sure has.....
Dave CBI has mentioned this CHUNKY MONEY,,,,,,,,i suppose they could make it chunkier?
Dave after IQD blows up......call it TP.........
sheila Sound of Silence by Disturbed (Conan) -- https://www.youtube.com/watch?v=Bk7RVw3I8eg
Dave sheila yes the sounds of silence would be disturbing should the IQD blow up......
butterfly Dave I learned a long time ago that I can't control things that are not in my hands. If it does, YEHAW, if not, BOOHOO. I am just the odd duck that does not focus on IF........
Dave butterfly certainly had higher expectations of their Govt to accomplish crossing the Start line after all these years
Dave Federal Supreme Court could have teeth......not sure yet?
butterfly Dave As I've stated from my beginning posting articles again, there has been a change, but ONLY baby steps. I could not believe the change, but I don't see anything happening anytime soon. They have more steps,no lots of those baby steps.
butterfly Dave Remember the FSC is all new and they are finding their way.
Dave hehe.......To Maliki's pocket?
butterfly they are still dealing with a LOT of corruption
Dave so the recent articles you been posting
butterfly ?
Dave \corruption...corruption followed by more corruption arts
butterfly People do not understand and I can't get people to understand. It is like a cult mind. They were told how to think, drink, eat, etc. for DECADES by a Dictator. Like a cult mind, it takes "years" to cleanse, and that is what Iraq is going through.
butterfly You still have people in there telling them how to think, drink, eat, etc.................
butterfly They don't realize that there is a "good" side to life, but they have never experienced it, so they will be lead by their noses.
BobbyC Iraq saved their ass by not passing the complete Federal Court Law. As far as chunky money, did they add notes to the circulation with the devalue?
Dave Protesters did make a difference before CV hit..........
Dave BobbyC Iraq does now have a complete FSC fer months now?
BobbyC Dave Indeed. They allowed for the substitutes to be enacted. The original Bill had em swaying towards veto power within certain groups, Sunni and Shiites on the Court. What they passed allowed room for the October Elections to take place. I'm still curious about the note count post devaluation
BobbyC Someone sent me something in regards to a comment I made about the IQD becoming a Reserve Currency. To clarify that, if the IQD becomes international, it will become a Reserve Currency due to Trade Agreements involving the IQD. I think some took it as to mean a Reserve Currency involving the SDR Currencies. Not what I meant
Dave Once globally tradeable banks will keep IQD in reserve like we keep pesos rupee etc
BobbyC That will also involve the IQD becoming part of Iraq's debt process. Now if some believe the IQD we hold will simply go away due to a re denomination, that's definitely a possibility
BobbyC Dave EXACTLY
BobbyC Those countries will hold the IQD due to cross country trade and some tourism aspects
Dave BobbyC 10 yrs fer banks to redeem them.....
BobbyC Dave 10 years at what rate? lol
Dave happy fer a nickle......
BobbyC I'd wet myself over a nickle.** I'd wet myself if they took the present day IQD international at 1460. That would mean we're in the game
Dave BobbyC not feeling any inflationary pressures where you live?
Dave Iraq has SQUAT currently
BobbyC Well if we go by the Consumer Price Index, everyone's feeling it. Didn't just start with Biden, it's been an ongoing process with Covid involved. Will it get worse? Probably
Dave yeah we have credit cards here...lol iraq not so much
BobbyC lol I got rid of those. Actually kept one for emergencies. Hurricane season in Texas made me do that
Dave yeah 1 2x4 12 bucks here.......
BobbyC You'd be surprised at how far Iraq has become digitally and that includes credit cards
Dave 30% of their population actually have bank accounts
Dave all Govt employees.....
BobbyC OFC the kicker to that is they are forced to by government salaries being put into the Banking System The only problem there is they aren't allowing much room for loans to the Private Sector. The guarantee thing, State salaries, comes into play
BobbyC Dave 100% on the Govt Employees. That has to change. Mahdi made that promise and that sunk Iraq financially
Dave BobbyC Private Banking Laws......?
BobbyC Now we sit back and watch how they handle the rise in Oil prices above and beyond the budgeted price
BobbyC Iraq has pretty much every Law on the books needed, Implementing and enforcing those Laws is where it gets complicated
Dave BobbyC yeah just a final reading......
BobbyC Will some need amending? Cas in point the FSC Law. That was the most recent I believe
BobbyC Case
Dave HCL/Art 140.....alot of oil money tied to that....?
BobbyC You can forget about the HCL and 140
BobbyC The HCL will liberate Iraq's Energy Sector and 140 will need a National Referendum
Dave BobbyC Census you mean.....
Dave Done
BobbyC Well that's part of 140. If they abide by the true meaning of 140, it will cost billions and a total rehabilitation of the disputed areas. It would involve going back decades and locating the people that were lawfully living and owning land and giving them back their rights to that land. If one were to read 140, you'll see something called Article 58. That details 140
BobbyC The Kurds were responsible for the Census taking place in 2007 I believe, They never did one
BobbyC That Census was involving Art 140
BobbyC Now they need to do a National Census to determine Political and economic distribution
Dave BobbyC recollect Maklis Arabitization of the disputed territories that almost created a war?
BobbyC Actually it goes way back to Sadam
BobbyC As far as 140'
Dave even with Maliki......
BobbyC Yeah maliki was a douche for sure and yet still yields probably the most power in Iraq
Dave 65 billion usd....
BobbyC Think about this. We all know about the Maliki's and Barzani's corruption yet once again who yields the power.....STILL
BobbyC Where the International Community screwed up was giving Iraq back their Sovereignty
Dave Reports from Iraq call em WHALES
BobbyC I say the IC, but mostly the UN
BobbyC Just them still being around and having Political sway tells you how deep this goes
Dave over 10 yrs ago i suggested we would see nodda until Makiki gets hauled away in chains
BobbyC And 10 years later no one could argue your point
BobbyC Now even with all that, Iraq has made great strides, they just need to get away from State Owned Entities and open the Market to privatization. That includes the Oil/Energy and Banking Sectors
Dave PRIVATE BANKING LAWS ....to protect foreign investments.....
BobbyC It's all their Brother :) There are no restrictions on Iraqi Banking, nor the IQD. It's the backroom dealings that bite em in the ass. Again implementation and enforcement of such laws
BobbyC Now some restrictions apply because those backroom deals
BobbyC Look at what the EU did as far as the Black List
Dave BobbyC havoc and instability keeps these dudes in power
BobbyC It wasn't becasue the Laws, it was the breaking of those Laws :)
BobbyC Dave 100% Chaos keeps eyes off of them
Dave postpone and dely ......maintains their IMMUNITY from prosecution
Dave Black List.....as per the UNSC
Dave same list applying in other nations as well same captions.....
Dave could clean this up quite nicely in days......benefit everyone immensely save those politicians
BobbyC So lemme ask you this. Would those sanctions/blacklist involve the US Treasury?
BobbyC The US Treasury does deal with the USD and Iraq pretty much runs on USD right?
BobbyC I say runs on the USD because they exchange their Oil proceeds for IQD
Dave have heard Treasury is holding IQD
BobbyC Why would they hold IQD?
Dave heard Bush took some......pay fer war???
BobbyC I heard Trump owns it as well
BobbyC If they were smart they wouldn't lol
BobbyC Going back to those Sanctions. There is no sanctions from the US involving Iraq's Banking. nor the currency There are sanctions against entites and individuals involving Iraq. Wonder why Maliki and Barzani aren't on that list
Dave Canada EU Australia certainly do,,,,,,,,,as per the UNSC resolutions
BobbyC What resolution's?
Sheila Dave Foreign Currency is an Asset, like metals, land, oil, etc...
BobbyC If Iraq as a country were sanctioned, it would have to be after they were given their Sovereignty in 2004 So the IQD is sanctioned? Why would they sanction a currency that is used 99.99% in country?
BobbyC Or did they Sanction the USD which Iraq uses in Trade and Debt payment? You can go on the UST website and see what currency's they hold in Reserve
Dave https://sanctionsmap.eu/#/main
BobbyC So within that list we see certain aspects of the UN Sanctions over Iraq pertaining to the Sadam era and some subsequent to the lifting of Sanctions by the UN. Yes there are sanctions against some businesses and individuals via the OFAC List and those continue today. Now we have to separate that from those entities and Iraq as a country. That's where it gets complicated and complex.
Dave BobbyC Kuwaiti deal not yet done … banking feeze
BobbyC 2003.......WASHINGTON -- The United Nations this morning lifted sanctions against Iraq following a 14-0 vote in the Security Council.
The vote on U.N. Security Council Resolution 1483 lifts sanctions imposed on Saddam Hussein's regime following the Persian Gulf War. The resolution also gives the United States and the United Kingdom authority to control the country until an elected government is in place.
The United States, United Kingdom and Spain proposed the resolution. It will allow the controlling powers to finance reconstruction of Iraq out of Iraqi oil proceeds following more than two decades of Hussein's rule.
"It is a resolution that will lift sanctions, after 13 years, off the backs of the Iraqi people," Secretary of State Colin Powell said just before the vote.
Dave Almost out of Chapter7........
BobbyC Yep Kuwait reparations will continue under Ch 7 because Kuwait would be foolish to let it go into Ch 6. Under Ch 7, Kuwait still hold all the cards and the UN allows it because if Iraq screws up elsewhere, that Ch 7 would be in play
Dave stilll owe Kuwait ....only 2 billion usd
BobbyC Yep and that deal was made years ago to pay percentages until 2022
Dave either your ch 7 or not......
BobbyC Ch 7 has many many sub paragraphs depending on the severity
Dave funny been about 2-3 billion fer 5=6 yrs
BobbyC Yeah they stalled in 2014 with ISIS and Oil prices
Dave no WTO......no imf
BobbyC No economy, no WTO lol
Dave sanctions.....
BobbyC *** they were suspended from their Mineral declarations by EITI … Well we could argue sanctions all night but I look at this from our UST which pretty much governs money movements.....
There currently are no broad-based sanctions in place against Iraq, but there are certain prohibitions and asset freezes against specific individuals and entities associated with the former Saddam Hussein regime, as well as parties determined to have committed, or to pose a significant risk of committing, an act of violence that has the purpose or effect of threatening the peace or stability of Iraq or the Government of Iraq or undermining efforts to promote economic reconstruction and political reform in Iraq
Dave BobbyC Only comment on what i read
BobbyC That's why we see an updated OFAC list every week adding or removing entities within Iraq. Most recently were people associated with the PMF within Iraq
Dave Trump had IQD and failed to press that buttom....lol
BobbyC Ha Ha Ha Ha Hopefully Biden bought some … I'm on board with you on sanctions being in place. I just differ on who those sanctions involve .. If ya wanna see sanctions come back to Iraq, look at the demonstration and how they are being handled
BobbyC The only reason we don't see em is because the UN knows, for now, that the deadly assault on demonstrators are not government sanctioned. These assaults, including kidnappings, are nothing new
BobbyC But I want to remain positive so I'll go read Recaps and Dinar Gurus. Goodnight
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Zig’s Place News Tuesday AM 6-1-21
.Zig’s Place News Tuesday AM 6-1-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
butterfly The World Bank: The economic crisis in Lebanon is one of the 3 most severe crises in the world
Tuesday 01 June 2021 09:34 ........A World Bank report indicated that "the economic and financial crisis in Lebanon is among the 10 most severe crises, and perhaps one of the 3 most severe crises in the world since the mid-nineteenth century." "There is no clear turning point for the crisis in Lebanon in sight," the report said.
He pointed out that "the failure to implement rescue policies threatens the already deteriorating social and economic conditions in Lebanon."
Zig’s Place News Tuesday AM 6-1-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
butterfly The World Bank: The economic crisis in Lebanon is one of the 3 most severe crises in the world
Tuesday 01 June 2021 09:34 ........A World Bank report indicated that "the economic and financial crisis in Lebanon is among the 10 most severe crises, and perhaps one of the 3 most severe crises in the world since the mid-nineteenth century." "There is no clear turning point for the crisis in Lebanon in sight," the report said.
He pointed out that "the failure to implement rescue policies threatens the already deteriorating social and economic conditions in Lebanon."
Earlier, the report conducted by the World Bank on the impact of the Corona epidemic on food price inflation in the Middle East and North Africa indicated that the prices included in the food basket in Lebanon increased between the period from February 14, 2020 to May 10, 2021.
According to the report, Lebanon, along with Djibouti, was the only country in the region that recorded an increase of more than 60 percent in the price of fresh or frozen beef.
butterfly Brent crude rose to more than $70 Tuesday 01 June 2021 09:49............Oil prices rose, today, Tuesday, to more than $70 per barrel, ahead of a meeting of the “OPEC +” alliance, supported by hopes of a growth in demand for fuel in the coming months.
Brent barrel rose by 09:05 Baghdad time for futures contracts at the level of $70.26 a barrel, an increase of 0.94% over the previous settlement price.
Meanwhile, US West Texas Intermediate crude futures rose 1.36% to $67.68 a barrel.
butterfly The Prime Minister meets the Vice President of the World Bank Group
Tuesday 01 June 2021 14:42.....Prime Minister Mustafa Al-Kazemi met today, Tuesday, the Vice President of the World Bank Group for the Middle East and North Africa, Farid Belhaj, and his accompanying delegation.
The Prime Minister's Media Office stated: "During the meeting, they discussed ways to enhance cooperation between Iraq and the World Bank in various programs and fields, and with regard to mechanisms to combat corruption and rebuild the public service structure in a way that increases efficiency, establishes sustainable development and optimal investment of human capital."
butterfly 2021-06-01 05:11 Shafaq News / the Central Bank of Iraq on Tuesday, announced an increase in the foreign currency exchange.
Shafaq News Agency correspondent said that the foreign currency auction of the Central Bank of Iraq recorded a 0.51% increase to 196,376,000 dollars which the bank covered at an exchange rate of 1460 dinars per dollar.
He added that the sales operations were in the form of wire transfer and credits (146,226,000$) and cash money (50,150,000$).
Last December, Iraq’s central bank increased the sale price of U.S. dollars to banks and currency exchanges to 1,460 dinars, from 1,182 dinars, seeking to compensate for a decline in oil revenue due to low crude prices.
The central bank of Iraq said the key reason behind the dinar’s devaluation was to close the gap of widened 2021 budget inflation after a collapse in global oil prices, a major source of Iraq’s financial resources.
butterfly 2021-06-01 03:10 Shafaq News/ Gold prices scaled a near five-month high on Tuesday, driven by a weaker dollar and growing inflationary pressures, while investors awaited more U.S. data to gauge the extent of the global economic recovery.
Spot gold was up 0.4% at $1,915.01 per ounce by 0636 GMT, its highest since Jan.8.
U.S. gold futures rose 0.6% to $1,917.20.
“Gold prices are riding a very strong upward trend ... this is against the backdrop of a falling U.S. dollar and also inflation concerns,” said Margaret Yang, a strategist at Daily FX.
“Perhaps another fundamental factor behind gold is the return of Chinese and Indian buyers. In the near-term, if gold can breach the $1,922 per ounce mark, it can open the room for further upside potential.”
The dollar index was down 0.3% against its rivals, making gold less expensive for other currency holders. The U.S. unit registered its second consecutive monthly loss.
Last week, data showed U.S. consumer prices surged in April, with a measure of underlying inflation blowing past the Federal Reserve’s 2% target.
Market participants’ focus this week will be on key U.S. economic readings, including non-farm payrolls data due on Friday. Source: Reuters.
butterfly 2021-06-01 02:09 Shafaq News / The dollar exchange rates climb in the Iraqi market today, Tuesday (June 1, 2021). • The Kifah Stock Exchange recorded 149,450 dinars, for $ 100.
• The Al-Harthiya Stock Exchange recorded 149,450 dinars for 100 dollars.
In Baghdad Selling prices in the banking stores in the local markets
•Sale price: 150,000 dinars for $ 100 • Purchase price: 149,000 dinars for $ 100
In Erbil Selling prices in the banking stores in the local markets
•Sale price: 149,600 dinars for $ 100 • Purchase price: 149,300 dinars for $ 100
butterfly The Prime Minister meets the Vice President of the World Bank Group
Tuesday 01 June 2021 14:42......Prime Minister Mustafa Al-Kazemi met today, Tuesday, the Vice President of the World Bank Group for the Middle East and North Africa, Farid Belhaj, and his accompanying delegation.
The Prime Minister's Media Office stated: "During the meeting, they discussed ways to enhance cooperation between Iraq and the World Bank in various programs and fields, and with regard to mechanisms to combat corruption and rebuild the public service structure in a way that increases efficiency, establishes sustainable development and optimal investment of human capital."
butterfly Saudi signs $10m Export Financing Deal with NBI.......1st June 2021 in Iraq Banking & Finance News, Iraq Industry & Trade News........SFD signs a $10 million export financing agreement with the National Bank of Iraq
The Saudi Fund for Development (SFD) has signed an export financing agreement with the National Bank of Iraq (NBI), a subsidiary of the Capital Bank Group, to provide credit facilities worth $10 million to Iraqi importers who seek to import Saudi products and services. The step will help strengthen trade relations between the two nations.
The agreement was signed in Amman, Jordan, in the presence of Saudi Fund for Development CEO Sultan Abdulrahman Al-Marshad, and Basem Khalil Al-Salem, Chairman of the Board of Directors, Capital Bank, along with senior officials from both sides.
Under the agreement, SFD will provide a $10 million revolving line facility to the National Bank of Iraq to finance 100% of Saudi exports to Iraq with a repayment period of up to 36 months, depending on the type of imports and the nature of the trade transactions.
SFD CEO Sultan Abdulrahman Al-Marshad said:
"This agreement reflects the strong ties between the Kingdom and Iraq, and our mutual desire to increase cooperation across several sectors. It is part of an ongoing $1.5 billion that the Saudi government allocated to support reconstruction and development projects in Iraq.
"Supporting stability in countries seeking to achieve sustainable economic and social development is one of the main priorities of the SFD, and through this agreement, we seek to achieve prosperity for both nations.
"The agreement with the National Bank of Iraq is consistent with the Kingdom's aim to diversify its national economy and increase its non-oil exports, will open new markets for Saudi producers, and it will stimulate the Iraqi commercial and financial sector."
butterfly Chairman of the Board of Directors of Capital Bank Basem Khalil Al-Salem welcomed the new trade relations. Said Al-Salem:
"The role of SFD in supporting and financing development projects in Iraq reflects the historical relationship between our two nations and Saudi Arabia's ongoing commitment to Arab economic integration throughout the region.
"This line of financing will expand trade between Iraq and Saudi Arabia by providing credit facilities for Iraqi investors to import Saudi products and services at competitive prices. It will also increase transport links between our two nations and stimulate the financial and commercial sectors."
The agreement is the first in an ongoing program of economic regeneration between SFD and the National Bank of Iraq. (Source: SFD)
butterfly Asiacell, UNDP support Youth Employment and Entrepreneurs..........1st June 2021 in Iraq Industry & Trade News................Asiacell and UNDP Iraq join efforts to support youth employment and entrepreneurs
Following its commitment to boosting youth employment and strengthening Iraq's Micro, Small, and Medium Enterprises (MSMEs), Asiacell today signed a two-year Memorandum of Understanding (MoU) with the United Nations Development Programme (UNDP) in Iraq.
The MoU commits the leading telecommunications company and the UNDP Iraq to work together on several initiatives, including supporting young entrepreneurs and start-ups in developing innovative solutions to local challenges alongside UNDP Iraq's Accelerator Labs;
Also supporting an online platform designed to connect entrepreneurs with potential investors; and promoting opportunities for long-term, sustainable youth employment. Youth-led efforts tackling the COVID-19 pandemic will also be covered under the MoU, with a particular focus on the awareness-raising platform Corona in Iraq (https://stayhome.iq/).
"Through their passion, creativity, innovation and entrepreneurial spirit, young Iraqis today are the agents of change and have the potential to build a resilient and inclusive Iraq - particularly as the country moves on from multiple crises, including the ISIL conflict, the economic difficulties due to declining oil prices, and the COVID-19 pandemic. Today we are proud to partner with Asiacell to nurture young talent, but also help secure the future of Iraqi youth by providing long-term employment training and support," says Resident Representative of UNDP Iraq, Zena Ali Ahmad.
butterfly "Partnering with the UNDP is a valuable addition to our continuous programmes, which will yield a positive impact on the Iraqi youth. The many challenges entrepreneurs face does not end with the successful founding of a company around a product or a service in Iraq.
The Iraqi unfertile technology business ecosystem coupled with the pandemic has made the transition from science to sales even more complex for start-up companies that launched before March 2020, as markets, funding sources, and priorities have shifted.
We are full of confidence that this new set of initiatives we are working on right now will have an immeasurable positive effect on the Iraqi economy." says Managing Director & Chief Executive Officer of Asiacell, Amer Al-Sunna.
The MoU was developed based on the recommendation of the solid study of Iraq's economic recovery from COVID-19 to expand social security coverage for vulnerable groups, increase revenue generation from partners like Asiacell to fund key development programmes, and allocate more resources to develop the private sector. (Source: UNDP)
butterfly TVS Motor opens New Showroom in Baghdad.............1st June 2021 in Iraq Industry & Trade News.........India's TVS Motor Company has opened a new marquee showroom in Baghdad with distribution partner Ritaj International General Trade LLC.
The showroom, which is spread over 500 sq meters with a built-up area of 840 sq meters, was inaugurated along Palestine Street in Baghdad. It is the first-of-its-kind showroom for TVS Motor Company in the region, and apart from the wide range of two-wheelers and three-wheelers, it will also host spare parts and feature a service facility.
The company will also launch two products, commuter motorcycle TVS StaR HLX 150 5 Gear and three-wheeler TVS King Deluxe Plus, in the market.
TVS Motor Company has been present in Iraq since 2016 and offers products catering to the diverse requirements of two-wheeler and three-wheeler customers in the country. Ritaj International General Trade LLC has been the distribution partner for the company since 2017. The company has 41 touchpoints across the country.
Speaking on the occasion, Mr. R Dilip, Executive Vice President - International Business, TVS Motor Company, said:
"We are delighted to expand our presence in Iraq with the inauguration of this marquee 3S showroom in Baghdad. The showroom demonstrates our commitment to the market and will host a diverse range of products that will cater to customer requirement and aspiration. The strategic location of the store, as well as the end-to-end service and spare support, will help enhance customer satisfaction." (Source: TVS)
butterfly Mount Zawa Cable Car to Create Jobs, Boost Tourism.........31st May 2021 in Leisure and Tourism in Iraq............KRG Prime Minister Masrour Barzani marked the official opening of the Mount Zawa Cable Car in Duhok province, which will create hundreds of new jobs in coordination with the Ministry of Municipality and Duhok Governorate.
The $30 million project connects the Barzan region road to the top of Mount Zawa and includes new restaurants and numerous gardens. The management of the cable car section alone will generate employment for around 100 people.
"Mount Zawa is a popular tourist destination in the Duhok province of Kurdistan, showcasing the region's natural beauty," said Prime Minister Masrour Barzani in his opening remarks. "This project will not only benefit the people of Duhok by creating new jobs; it will also provide new opportunities for people to enjoy the best of what our land has to offer."
The distance the Cable Car project covers from Barzan region road to Mount Zawa is 2,330 meters. The highest point reaches 500 meters from the ground.
There are 26 cable car cabins, each with the capacity to carry eight people (or 800kg). The project is part of the government's plan to reform and diversify the Kurdistan Region economy since it took office.
"This project is one more example of the Kurdistan Regional Government's ongoing efforts to diversify Kurdistan's economy and strengthen its tourism sector," Prime Minister Barzani added.
Despite the current economic challenges the region and the world are facing, the Kurdistan Regional Government remain committed to implement strategic cooperation economic projects. (Source: KRG)
butterfly Kirkuk Governor congratulates the Patriotic Union of Kurdistan on its founding anniversary
Tuesday 01 June 2021 17:02.............The Governor of Kirkuk, Rakan Al-Jubouri, congratulated the Patriotic Union of Kurdistan (PUK) on the 46th anniversary of its founding.
This came during his visit to the headquarters of the Political Bureau of the Patriotic Union of Kurdistan and congratulations to him on the occasion and his reception by Aso Mamand, member of the Political Bureau, member of the Political Bureau.
"We came today to congratulate one of the main partners, and we know its size and importance, as communication and relations are important to promote stability and peace," he said, adding that our dialogues are continuing, and we do not have a herd, and the atmosphere is appropriate to find solutions to disputes with all the main components of Kirkuk, including the Kurds, Turkmen, Arabs and Chaldeans, Assyrians, and we seek in cooperation with everyone to face service challenges for Kirkuk .
He praised the efforts of the security forces in combating terrorism and achieving stability.
He stressed that the partners in the National Union had an important role in achieving calm and stability.
butterfly Nazim: The Cabinet voted to keep employees working at 50 percent
Tuesday 01 June 2021 18:18.....The spokesman for the Council of Ministers, Hassan Nazim, confirmed: "Corona's injuries decreased in the past two weeks." Nazim said in the weekly press conference: "The Cabinet voted to keep employees working at 50 percent."
butterfly Al-Kazemi: We are determined to proceed with economic reform according to long-term visions
06/01/2021 14:40:24 Al-Kazemi - We are determined to proceed with economic reform according to long-term visionsPrime Minister Mustafa Al-Kazemi discussed, today, Tuesday, with the Vice President of the World Bank Group for the Middle East and North Africa, Farid Belhaj, and his accompanying delegation, to strengthen cooperation between Iraq and the World Bank in various programs and fields.
A statement by the Prime Minister’s Office, of which the agency {Euphrates News} received a copy, stated that the two sides discussed “anti-corruption mechanisms and rebuilding the structure of the public service in a way that raises efficiency, establishes sustainable development and optimal investment of human capital, as well as discussing some lagging World Bank projects in Iraq and the agreement.” ways to reactivate it.
The Prime Minister affirmed, “Iraq’s determination, despite all challenges, to proceed on the path of economic reform, according to long-term visions based on effective solutions.”
And Al-Kazemi said, “The government puts in mind the interests of Iraq first and the needs of the Iraqi people, in addition to benefiting from the advice provided by discreet financial institutions such as the World Bank.”
For his part, Belhaj praised the bank’s historical and strategic relations with Iraq, and pointed to the sobriety of the white reform paper presented by the government, which includes a coherent vision for ambitious economic development in a way that enhances the goals of good governance. alforatnews.com
butterfly General Electric: A plan to end the burning of gas associated with oil extraction in Iraq
Tuesday 1 June 2021 | 12:45 pm General Electric - A plan to end the burning of gas associated with oil extraction in IraqThe General Electric Company has prepared a plan to end the phenomenon of gas combustion associated with the oil extraction process, while it intends to establish two electric stations, one of which is the largest in Iraq, to add about 2,200 megawatts to the network.
The Executive Director of the company in Iraq, Rashid Al-Janabi, said that the company’s staff have reached the last steps to complete the Zubair plant, which will add 700 megawatts of electric power, in addition to that work is still underway to expand the Basmaya power station, the largest in Iraq, to introduce an additional 1,500 megawatts to reach 4,500 megawatts.
He added that among the immediate solutions that can be quickly benefited is the installation of mobile units TM2500 in the oil fields to benefit from the associated gas for the production of electric power and in a period not exceeding several months to produce hundreds of units in megawatts, which the national network greatly needs, and to end the phenomenon of burning associated gas, which affects the environment Iraq to a large extent.
And he indicated that (GE) is fully prepared to support Iraq in providing the necessary funding to build strategic projects to cover its need of electrical energy resources, and its financing capabilities depend on global expertise and on solid relations with export insurance agencies in several countries around the world, as well as with major institutions Finance, where we have already, in cooperation with the Iraqi Ministry of Finance, secured the financing of several important projects in the energy sector, with a value of more than two billion US dollars.
butterfly Concerning the possibility of establishing installed stations in the various regions of Iraq, Al-Janabi said: The HA technology , developed by General Electric, is the most rapidly growing gas turbine in the world, and has contributed to achieving two world records in the efficiency of power generation, and highlights the importance of this technology because it allows generating Larger amounts of power, without the need for additional fuel, as the example of the giant H- type turbines is in the UAE, where GE is building the Hamriyah plant and installing three H- type turbines to produce 1,800 megawatts.
And regarding the impact of the Corona pandemic on the company’s work in some stations and what projects were implemented during the past six months, Al-Janabi explained that General Electric began, months ago, to form a working team in coordination with the Ministry of Electricity and the relevant departments to facilitate work even during times of curfew. Qar completed by the company, where the work continued despite the challenges, especially the Corona epidemic, as the highest health standards were taken to ensure the safety of employees and partners, and the first phase of the Samawa power plant with a capacity of 500 megawatts and Dhi Qar power station with a capacity of 500 megawatts was completed and handed over to the Ministry of Electricity.
Al-Janabi confirmed that the company is also working to support the national electricity transmission network to open up bottlenecks and deliver the electricity produced to Iraqi cities and governorates, where GE has completed four transformative stations, two of them in Baghdad and two in Karbala. aynaliraqnews.com
butterfly Iraq .. high oil revenues and expectations of a decrease in the budget deficit
Tuesday 1 June 2021 | 05:34 PM Iraq .. high oil revenues and expectations of a decrease in the budget deficitThe Ministry of Oil announced that it achieved revenues of more than five billion and 882 million dollars from the sale of oil for the month of May only, an increase of about 300 million dollars over the revenues of the previous month.
Iraq is awaiting the next meeting of the OPEC group with oil-producing countries outside it, to increase production in light of the great recovery in demand due to the start of life returning to normal due to the increase in vaccines against the Corona virus and the beginning of its decline in many countries, which increases Iraq’s share in exports, according to many observers of prices market.
During the month, Iraq exports about 90 million barrels, and after the OPEC meeting, it is scheduled to raise its quota by about 5 million per month, which is reflected in the revenues generated and reduces the deficit in the current year’s budget.
On this issue, the economic expert, Faleh Al-Zubaidi, said in a press statement that “the rise in dollar prices and the difference between the price of a barrel in the budget for this year from the market price is up to 25 dollars per barrel and expectations that oil prices will exceed this year the 70 dollars barrier, which will contribute to reducing the budget deficit and does not end it.” .
Regarding the disability rate, Al-Zubaidi adds, “It is not possible to calculate the percentage of the disability decrease, because it is measured on an annual basis, and only four months have passed from the previous year.”
For his part, the Rapporteur of the Parliamentary Finance Committee, Ahmed Al-Saffar, said, “The difference between the current oil price and the planned price in the budget, which was set at (45) dollars, is used to finance the deficit in the budget, and is also used in the investment budget.”
butterfly Al-Saffar asserts, “It is not possible to convert the price difference into job grades.”
Observers of the movement of the Iraqi economy confirm that “the difference in the selling price of oil may lead to a decrease in the deficit, especially since it is hypothetical and not real. Port taxes and revenues. aynaliraqnews.com
butterfly An Iraqi campaign against corruption is hovering around the big heads and does not reach them
6-1-2021 An Iraqi campaign against corruption is hovering around the big heads and does not reach themOn Monday, the Iraqi authorities announced the issuance of fifty-three arrest warrants and summonses against current and former high-ranking officials, including parliamentarians, ministers and governors, on corruption charges.
This measure came as part of what the authorities say is a campaign to curb widespread corruption in the joints of the state, but political and media activists question its feasibility, stressing that it includes only certain levels of officials, and does not affect the large “whales” of influential people, leaders of ruling parties, armed militias, etc. Associated with them lobbies.
Iraq is considered among the most corrupt countries in the world, according to Transparency International’s indicators over the past years.
Those familiar with the Iraqi issue affirm the existence of a state of awareness of the danger of the phenomenon of corruption on the cohesion and continuity of the state, which is reflected at least by the speech of senior state officials such as President Barham Salih, who recently compared corruption and terrorism, but they consider that the Iraqi state and its institutions are in a state of weakness that does not allow By besieging and uprooting the phenomenon, as some corrupt parties have become so powerful and empowered that state agencies are contesting their authorities, and this applies to armed militias.
The Iraqi Integrity Commission, an official body concerned with prosecuting corruption, said in a statement that the judiciary has issued, since last April, 8 arrest warrants and 45 summonses for investigation against senior officials against the background of cases and files related to corruption.
butterfly She explained that those orders included 3 members of the House of Representatives (Parliament) for the current session, as well as a member from previous sessions.
She added that “the arrest and recruitment orders included a former minister and two former ministers, in addition to 8 governors, including two current ones, and 15 general managers, 7 of whom are current and 7 former and a former general manager, and the orders also included 23 members of provincial councils.”
And last August, Iraqi Prime Minister Mustafa Al-Kazemi formed a special committee to investigate major corruption files, and assigned the tasks of executing arrest orders to a special force headed by the ministers.
Last week, the Federal Supreme Court of Iraq introduced an amendment to the immunity system granted to members of Parliament, in a legal procedure that accompanied a broader momentum of demanding reform and fighting corruption, which the Parliament has often considered one of its focal points through the control of political forces represented under its dome in the selection of government officials from ministers. and administrators and use them to loot state funds and illegally seize its public deals.
The court, which is the highest judicial authority in Iraq, abolished the immunity granted to members of Parliament against flagrant felonies, misdemeanors or infractions. Arrest and summons order against current and former high-ranking officials, including MPs, ministers and governors
butterfly The Iraqi parliament’s deputies enjoyed absolute immunity from all crimes and charges against them, and no judicial or security body had the right to arrest them or hold them accountable until the parliament voted to lift their i0
And a statement of the Federal Court said that “obtaining Parliament’s approval to lift the immunity of a member in only one case is the issuance of an arrest warrant for a crime of the type of unaccounted for crimes.”
He added that “other than that, there is no immunity for members of Parliament, and legal measures can be taken against them directly if any of them are accused of a flagrant felony, a misdemeanor or a violation.”
Unwitnessed crimes are crimes that are not based on compelling factual evidence, and are reported by informants.
Over the past years, hundreds of lawsuits have been filed against members of Parliament, on charges related to financial and administrative corruption, and others related to forgery of certificates, and abuse of powers, but the judiciary was unable to hold them accountable because of their parliamentary immunity.
During the popular protests that have repeatedly exploded in the country for years due to the spread of corruption and the deteriorating conditions of the country, parliamentarians have been a main target of the protesters, who accuse them of fraud and corruption and say that they only represent themselves and the interests of their parties.
butterfly Iraqi President Barham Salih said on Sunday that the oil revenues that have come to his country since 2003 are estimated at about a thousand billion dollars, most of which were wasted and about 150 billion dollars were smuggled abroad.
This came during his presentation of a new draft law to Parliament aimed at combating corruption, recovering public funds that were lost as a result of embezzlement, and prosecuting those responsible.
Saleh also called for “the formation of an international coalition to fight corruption similar to the international coalition against ISIS.” Corruption and terrorism “are interconnected, interdependent and perpetuate one another, and terrorism can only be eliminated by drying up its sources of financing based on corruption funds as a political economy of violence.”
The draft law targets individuals who have held important positions in public institutions and administrations since 2004, as well as those close to it, with the aim of recovering assets they have collected through corruption, whether they are located in Iraq or outside it. rawabetcenter.com
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Zig’s Place Chat and News Late Monday PM 5-31-21
.Zig’s Place Chat and News Late Monday PM 5-31-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
butterfly However, the negotiations between the poles of the Kurdish political movement were suspended due to the absence of U.S. mediators during the transit of the U.S. administration from Trump to Biden.
The grounds for a third round of the negotiations is cautiously being laid amid increasingly strained ties between both parties when the security forces of the Autonomous Administration apprehended activists and members of the ENKS and the "Revolutionary Youth" affiliated with the PYD sabotaged and attacked headquarters of their rivals in several Northeastern Syrian cities.
Zig’s Place Chat and News Late Monday PM 5-31-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
butterfly However, the negotiations between the poles of the Kurdish political movement were suspended due to the absence of U.S. mediators during the transit of the U.S. administration from Trump to Biden.
The grounds for a third round of the negotiations is cautiously being laid amid increasingly strained ties between both parties when the security forces of the Autonomous Administration apprehended activists and members of the ENKS and the "Revolutionary Youth" affiliated with the PYD sabotaged and attacked headquarters of their rivals in several Northeastern Syrian cities.
Sparky ... give me a second to read ...
butterfly A call for an investigation of the rise in the dollar’s price despite the increase in oil revenues
05/31/2021 08:24:19 A call for an investigation of the rise in the dollars price despite the increase in oil revenuesA member of the Oil, Energy and Natural Resources Committee in Parliament, Ghalib Muhammad Ali, called for an investigation into the continuous rise in the exchange rates of the dollar, despite the increase in oil revenues.
Muhammad Ali said in a press interview, that Iraq sold its crude oil during the month of May for $ 62, and achieved revenues of about $ 5.5 billion, which is the highest since the end of 2019, noting that these revenues amounted to 8 trillion dinars after being converted into the Iraqi dinar, and non-oil revenues were added to it. A trillion dinars worth.
He added, “All those revenues, which amount to 9 trillion dinars, were entered into the central bank during the current month,” noting that “despite the recovery of those revenues, we see that the economy is unstable and there is a continuous rise in the exchange rates of the dollar in the markets, which negatively affected the market. And thus in the life of the Iraqi family. ”
Muhammad Ali expressed his surprise at the inability of the Central Bank to control the price of the dollar, pointing out that the continuous rise in the price of the foreign currency calls for the opening of an investigation by the government to solve the problem of the imbalance in monetary policy.
The exchange rate of the dollar rose to reach 1492.5 dinars per dollar, despite the fact that the government decision for the exchange rate, which is fixed in the budget, is 1450 dinars. alforatnews.com
butterfly A slight rise in the dollar and the central bank sells 195 million
05/31/2021 11:23:39 A slight rise in the dollar and the central bank sells 195 millionThe exchange rate of the dollar in local markets rose slightly on Monday.
The exchange rate on the Baghdad Stock Exchange this morning reached 1493 dinars per dollar, or 149 thousand and 300 dinars per hundred dollars.
While it rose on the Basra Stock Exchange to 1494 dinars, and in Erbil, 1492 dinars.
As for the auction sales of the operation in the Central Bank of Iraq, it reached today, Monday, 195 million and 50 thousand and 387 dollars, of which the total sale was for the purposes of strengthening the assets abroad {remittances, credits} 162 thousand, 650 thousand and 387 dollars, while the total cash sale was 32 million and 400 one thousand dollars. alforatnews.com
butterfly Barzani: Iraq has an opportunity to be one of the most advanced countries in the region, on condition
05/31/2021 14:05:01 Barzani - Iraq has an opportunity to be one of the most advanced countries in the region on conditionKurdistan Regional Government Prime Minister Masrour Barzani said today, Monday, that “Iraq is a country rich in human and natural resources, and it has an opportunity to be one of the most advanced countries in the region if there is good governance and good management.”
During his meeting today with Basra Governor Asaad Al-Eidani in his office in Erbil, Barzani expressed “the full readiness of the Kurdistan Region for cooperation and coordination with Basra Governorate and all other Iraqi provinces.”
For his part, Al-Eidani said during the meeting, which was attended by Aras Habib Karim, a member of Parliament, that “Basra has benefited a lot from the successful experience that the Kurdistan Region enjoys in the reconstruction and provision of services,” adding that “the allegations accusing the region of developing itself at the expense of Basra and other governorates are not true.” According to the statement.
The Governor of Basra stressed the need for the Iraqi government to be federal and not central, and stressed the importance of genuine participation of the region and other Iraqi governorates in the management of power and the decision-making process, and said, “Iraq cannot be centrally governed.” alforatnews.com
butterfly Despite sanctions, America imported Iranian oil for the first time in 30 years
Monday May 31, 2021 | 09:42 AM Despite sanctions America imported Iranian oil for the first time in 30 yearsReuters revealed, on Monday, that the United States of America will import Iranian oil during the year 2021, despite the sanctions imposed on Tehran, noting that this is the first time in 30 years .
Data from the US Energy Information Administration showed that “the United States imported a rare shipment of 1.033 million barrels of Iranian crude last March, despite the sanctions imposed on the Iranian energy sector .”
And the energy data pointed out that “the shipment represents the second import of oil by the states from Iran since late 1991 .
The United States of America imposes sanctions targeting the oil sector in Iran by placing entities and individuals on the US sanctions list, including Iranian Oil Minister Bijan Namdar Zanganeh, claiming that they support the Iranian Revolutionary Guards .
In September 2019, the United States announced its intention to impose sanctions on any country that deals with Iran or buys oil from it, after the Trump administration withdrew from the nuclear agreement with Iran. aynaliraqnews.com
Sparky ... " revolentunary youths " ... meaning those young folks who will stand up ...... please continue, but I have a hard time reading posts, and trying to digest them ... slow your roll, please ...... or not ...
Dave Sparky Hard to digest on a full stomach?
Sparky ... I took Evelyn Wood's class ...... got fat during covid ,,,
Dave Sparky EXXON left recently now may re enter now.....Talabani...140/HCL...not done! Barzani Says WHAT!
Sparky ... not meaning to offend ...... Exxon is going green ...
Dave and a Port instead of a lil pier.......
Dave Sparky Sparky Sparky Their oil machine grade costs a few bucks to refine,,,,,,,Our stuff 28-30 bucks a barrel.......huge carbon foot print
Sparky ... Barzani is on the Maliki payroll ...
Dave They all are!....
Sparky Dave ... yup, maybe even al-Sistani ... I don't care either way, I just came to make money ...
Dave postpone elections or risk assassination......kinda of obvious with that........
Sparky ... that may help ... or a circle jerk with AR's ...
Dave high heel shoes with spikes......
Sparky ... no blanks ...... don't forget the orange make up BS ...
Sparky ... I'm a movie star, staring on the presidential stage ... how many folks are watching me steal ...?
Dave on that note time to get back to work.....
Sparky ... you are dedicated ... it's Memorial Day here in the good ol' USA ...
Dave No holiday here....
Sparky ... most have the day off with pay ...
Dave Rest of the Worlds memorial day Nov11?
Sparky ... https://youtu.be/ND6jfaYE42U?t=2714 ...
Sparky Dave ... my birthday ...
Sparky ... https://youtu.be/ND6jfaYE42U?t=2714 ...
Sparky ... humble Pie ... 30 dayz in the hole ... https://youtu.be/ND6jfaYE42U?t=2714 ...
Zig "Barzani - Iraq has an opportunity to be one of the most advanced countries in the region on condition Kurdistan Regional Government Prime Minister Masrour Barzani said today, Monday, that “Iraq is a country rich in human and natural resources, and it has an opportunity to be one of the most advanced countries in the region if there is good governance and good management.”
Sparky ... bbl Zig ... deeds, not words ...... Barzani is as corrupt as Maliki and Talibani ..... of course they could be the breadbasket again ... 'cept the corrupt Pols' steal all the GDP ...... I've aready lost money ... one more devalue and my attention will be elsewhere ...
Supreme leader dinard Sparky I keep buying gold and silver coins. More money the govt prints the more valuable gold is - Little here and a little there. Nothing too crazy
Sheila Supreme leader dinard that's what I plan to do once again... metals and land
butterfly 2021-05-31 02:36 Shafaq News/ A scoop at The Washington Post by John Hudson and Louisa Loveluck revealed that Iranian-backed militias were able to target a “secret CIA hangar” using a drone in April. This attack hit a hangar in Erbil in the autonomous Kurdistan region.
This is a major escalation and shows careful planning and complex know-how by the Iranian regime and its militias in Iraq. It means that Iran was able to transfer the drone itself to Iraq and gather the intelligence on the apparent location of this secret site, which is inside a known US facility, and precisely set the drone to strike it.
This kind of kamikaze drone is similar to the technology Iran used to target Saudi Arabia’s Abqaiq and similar to the kind of drones the Iran-backed Houthis use to attack Saudi Arabia and drones that Hamas unveiled in recent attempts to attack Israel.
Iran has thus transferred its drone threats all over the region.
The attack in Iraq is particularly interesting because US bases are supposed to have some sort of defenses against this known and rising threat. US CENTCOM head Kenneth McKenzie has warned for a year about the rising threats of drones in the region. He warned in March 2020, and again in February 2021.
butterfly We've spent billions of dollars in the Department of Defense on counter drone systems. I'm concerned that we're still under grave threat from them. But I'm also encouraged to see that your command has been experimenting with so many new and more effective counter drone systems,” he told the US Senate in March 2020.
The US has sent Patriot missiles, C-RAM and other defenses to Iraq to stop ballistic missiles and rocket threats. The US army has also acquired two Iron Dome batteries which can be used against drones, although this is not linked to the current threat in Iraq.
The drone attack alarmed the US according to the report. It has led to questions about the warehouse and whether Iran knew specifically who was running the building. Remains of the drone were recovered after the attacks. The article says that the drone was used a new method after years in which pro-Iran militias used rockets, such as the 107mm.
The “evolving drone threat” is a major concern in Iraq. “The drone’s flight was tracked to within 10 miles of the site, but its path was then as it moved into a civilian flight path, the coalition official said,” according to the report. “Preliminary analysis suggested it was made in Iran.”
butterfly The White House was unnerved. The facility was covert and the attack was sophisticated. The April 14 attack was the first major drone attack by the pro-Iran militias in Iraq. However, they have provided Kataib Hezbollah with drones in the past to strike at Saudi Arabia in May 2019 and again in January 2021. Another drone was used to target Al-Asad base in May 2021.
The type of kamikaze drone used in Iraq is not known. It could be like an Ababil or Qasef what Hamas calls its Shehab drone. This is a drone about the size of a person with a warhead and guidance up front and two sets of small wings. It is launched from a catapult. However, Iran has a plethora of other types of kamikaze drones.
According to the Twitter handle Alex Almeida, the drone attack may have targeted a hangar housing one of the CIA or Special Operation Command’s contractor-operated turboprop aircraft that fly from the base and which are used for reconnaissance and intel gathering missions. The US has its own drones at the base, according to Joseph Trevithick at The Drive.
He wrote in May that a Long Endurance Aircraft Program drone crashed in July 2020. This kind of drone is basically a small prop plane that looks no different than a civilian two-seater aircraft but has had everything removed and flies autonomously now as a UAV. According to online sleuths who use OSINT to find information, a hangar was damaged by the April drone attack on Erbil airport.
According to the image showing the damage, the location is a hangar in the central eastern part of the base near an area where chinook helicopters are parked. This is a huge, sprawling base that has expanded with the war on ISIS and also likely expanded as the US reduced forces in other facilities. How one would determine to attack that specific hangar, out of dozens of other locations and hundreds of buildings, is unclear. The particular complex is unique for having four buildings with red-colored roofs.
butterfly f an Iranian-backed militia used a drone to target a hangar where drones fly from, this could be one of the few instances of drone versus drone combat, using drones to take out other drones.
Targeting US drones in Iraq using Iranian drones may be a sort of new drone "world order", so to speak, taking place in the Middle East, especially if Iran knew this hangar was used for surveillance droned that might one day be used against its own forces in Iraq. The region, as it were, is now rapidly approaching a kind of cross between The Terminator, Robocop and Skynet, as machines are doing the fighting and people are just watching computer screens – though we may not be there quite yet.
At the very least the US needs to be concerned that Iran is collecting intelligence on its covert and secure sites, its hangars and other systems in Iraq, and that Iran’s vastly expanding precision missile and drone technology could be used more in the future.
The drones give Iran some plausible deniability because they can be launched by Iranian proxies. However, the gyroscopes and other systems on the drones link them to Iran, at least in the past.
It should be noted that a drone mysteriously entered Israeli airspace on May 18 and was shot down by Israel. Prime Minister Benjamin Netanyahu later said it came from Syria or Iraq. A drone damaged a hangar in Asad base in Iraq on May 8. The Erbil attack was on April 14. These attacks may all be linked and have an address in Iran. Source: Jerusalem Post
Sparky ... Iranian ... who'd a thought ...... Idinergard (sp) openly spoke of wiping Israel off the face of the earth
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 Afternoon 5-31-21
.Zig’s Place Chat and News Monday Afternoon 5-31-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Sparky ... the middle east is a powder keg ...
Dave always has been .....
Sparky ... I only hope the explosion will make me richer ...
Dave Blame the British fer carving up the region as they seemed fit.....?
Sparky ... Kuwait is doing just fine ...
Dave UAE Bahrain Qatar
Sparky ... all doing fine ......funny thing, Iraq has more to offer ...
Dave yeppers.....did better under Sadam too
Sparky ... agreed ...
Dave Rich with the Shah.........before Sadam
Sparky ... actually, that word sums it all up ...\ a greedy bunch, they are ...
Dave who would wish to invest in their corruption?
Sparky ... just you and me my friend ..
Zig’s Place Chat and News Monday Afternoon 5-31-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Sparky ... the middle east is a powder keg ...
Dave always has been .....
Sparky ... I only hope the explosion will make me richer ...
Dave Blame the British fer carving up the region as they seemed fit.....?
Sparky ... Kuwait is doing just fine ...
Dave UAE Bahrain Qatar
Sparky ... all doing fine ......funny thing, Iraq has more to offer ...
Dave yeppers.....did better under Sadam too
Sparky ... agreed ...
Dave Rich with the Shah.........before Sadam
Sparky ... actually, that word sums it all up ...\ a greedy bunch, they are ...
Dave who would wish to invest in their corruption?
Sparky ... just you and me my friend ..
Dave Scorpions - Wind Of Change (Official Music Video) YouTube · 858,262,000+ views · 11/1/2009 · by ScorpionsVEVO LINK
Dave why that Kuwaiti conference was a bust
Sparky ... the Iraqi corrupt enjoy status qou ...... pay to play ..
Dave immunity.....you should be familiar with that term
Sparky ... very ...
Dave we expect iraq to be different?
Sparky ... I only hope they get their ** together while I can enjoy the prosperity ...
Sparky ... a second house on the river, three speed boats, and I'm out ...
Dave figure i will retire before this pops..... no porsche fer me.......yet......
Sparky ... me neither, I still will go to " work " tomorrow ...
Dave being semi retired only makes me have to work harder faster
Sparky Dave ... tru dat ...... not to worry, Oakies plane is a circulin" ...... gonna land any day now ...
Dave wanted to be fully retired by now....
Sparky ... do some pushups and situps, 'cause it may be a lil' while ...
Dave Sparky I move tons a flesh around each day..........
Sparky ... if and when this goes, I'll invite you to dinner on me ...
Dave Sparky preferably here take you fishing
Sparky ... all the fish clams and cod you can eat ...
Sparky Dave ... I someday may take you up on that ...
Butterfly Parliamentary Finance to / NINA /: The government resorted to printing sums of Iraqi currency to face the economic crisis in the country
Monday 31 May 2021........ The Parliamentary Finance Committee has warned of government attempts to print sums of Iraqi currency to confront the current economic and financial crisis in the country.
Member of the committee, Representative Jamal Kougar, said, in a statement to the National Iraqi News Agency ( NINA ), that "the absence of a financial cover from hard currency and gold will leave negative returns on the local market in the coming period."
He explained that "any cash printing process without a financial cover and a balance of hard currency or gold will have negative returns, especially with the high ceiling of the amounts that are printed by the government."
He added, "The government resorted to such solutions during the height of the economic crisis in Iraq, and quantities of currency were printed within a specific ceiling, but we hope that this will not increase in the future," noting that "a sum of money was printed from the Iraqi currency, but the ceiling of the government's need for printed currency It depends on oil prices in world markets, and with the rise in international prices, the government's need to resort to this option will diminish."
He continued, "Oil prices currently in the global markets are close to 70 dollars, and if they reach about 80 dollars per barrel of oil, we will overcome the current financial crisis in Iraq."
butterfly The Minister of Oil discusses with the First Vice President of ExxonMobil the investment of gas and clean energy
Monday 31 May 2021 18:16........The Minister of Oil (Ihsan Abdul-Jabbar Ismail) discussed with the First Vice President of ExxonMobil, Tom Schusler, gas investment and clean energy.
The minister affirmed the ministry's keenness to strengthen cooperation relations with reputable international companies, including Exxon Mobil, noting that Iraq seeks to provide new investment opportunities in the gas and clean energy sectors, which are now considered one of the ministry's priorities, expressing his hope that the current and future stage will witness more of Implementation of such projects that enhance the chances of sustainable development for Iraq.
For his part, the First Vice President of ExxonMobil expressed his hope to increase the volume of bilateral cooperation in many areas, including the energy and infrastructure sector.
butterfly The Greek Prime Minister will visit Iraq next July
Monday 31 May 2021 18:36 .........The Greek Ambassador, Leo Nidas Konto Funicius, announced that the Greek Prime Minister will visit Iraq next July at the invitation of Prime Minister Mustafa Al-Kazemi.
A statement by the Federation of Chambers of Commerce quoted the ambassador as saying during his visit to the union and his meeting with its president, Abdul Razzaq Al-Zuhairi, that: His visit today is to prepare and prepare for the visit of a large Greek economic delegation that includes elite businessmen, accompanied by the Prime Minister of Greece, who will be a guest of Iraq at the invitation of Prime Minister Mustafa Al-Kazemi within a month. next July.
He added that: the meeting was a fruitful and successful one, and they are fully prepared and cooperate in strengthening trade relations between two countries and creating a fertile ground for discussing commercial cooperation files and exchanging goods and commodities.
For his part, Al-Zuhairi said: The ambassador’s visit is to prepare for and prepare for the visit of the Greek Prime Minister to Iraq and the upcoming great economic forum, which will include more than forty Greek businessmen. It is new with us, and that Iraq is a country rich in human resources and economic potential.
He expressed his hope that the well-known European countries will have a desire to invest and work and convey a positive and bright image of Iraq instead of a blurry image. He indicated that our role as a union of chambers of commerce is to strive to maintain and strengthen the momentum of these relations.
butterfly Member of Parliamentary Finance: A parliamentarian and governor of Wasit filed two appeals against articles in the budget
Monday 31 May 2021 20:36........A member of the Parliamentary Finance Committee, Ahmed Hama Rashid, announced that a parliamentarian and governor of Wasit had submitted two appeals against articles in the budget.
Rashid said in a televised statement: "If the appeals are accepted, they will not reduce or increase the size of the deficit in the financial budget, adding that raising the value of the dollar reduced the value of the deficit in the budget law."
He added that, the value of oil in the region is different from the prices available with SOMO, adding that the region is committed to paying the costs of extracting oil for each barrel.
butterfly The Ministers of Finance in the Federal and Regional Governments are discussing the mechanism for implementing the Federal Budget Law
Monday 31 May 2021 22:13 |.......The Minister of Finance discussed with Ali Abdul-Amir Allawi with the Minister of Finance of the Kurdistan Regional Government, Awat Sheikh Janab, the mechanism for implementing the federal budget law for the current year.
According to the Patriotic Union of Kurdistan that, in the framework of the dialogues conducted by the Kurdistan region delegation headed by Qubad Talabani , Vice - President of the KRG region, met on Monday, the finance minister in the provincial government Awat Sheikh Janab with the Federal Minister of Finance Ali Allawi in Baghdad. "
He explained that he was In the meeting, which was attended by Khaled Shwani, Abdul Hakim Khosrow and Samir Hawrami, they discussed the mechanism for implementing the federal budget law for the current year and what falls on the shoulders of both the Federal Ministry of Finance and the Kurdistan Regional Government, where the two sides expressed their willingness to implement the law.
According to the website, it is scheduled to hold another meeting with the Ministry of Oil in the federal government to discuss the oil file and prepare a joint report to be delivered to the Federal Ministry of Finance.”
A high-level delegation from the Kurdistan Regional Government headed by Qubad Talabani arrived in Baghdad yesterday evening, and the delegation will discuss with government ministries Federal implementation of the region’s share of the budget and the mechanism for exporting oil from the region.”
butterfly Continuous rise in world oil prices and expectations of their growth at the end of May by 4-5%
Monday 31 May 2021 23:44.......International oil prices continue to rise this evening, Monday, amid expectations that they will grow at the end of this month by 4-5%.
And trading data, according to “Sputnik”, stated that by 18:49 Moscow time, the price of the August futures contract for the North Sea Brent mixture rose by 0.96%, to $69.38 a barrel, and the July futures contract for West Texas Intermediate crude rose by 1.4 percent. % to $ 67.25 a barrel. "
Brent crude prices rose 4.3 percent, and West Texas intermediate crude rose 5.6 percent in May., increased material prices of crude on the back of investor optimism about the recovery of demand amid easing quarantine restrictions in a number of countries, as well as About expectations for the start of the travel season in the United States.”
butterfly Salim Hamza to / Nina /: Some political forces are seeking to postpone the elections and keep the current government until further notice
Monday 31 May 2021 20:42...Kurdish MP Salim Hamza confirmed that: Some political forces are seeking to postpone the elections and keep the current government for further notice.
He told the National Iraqi News Agency ( NINA ) that: Some political forces do not want the elections to be held on time and are making every effort to postpone them in light of the continuation of assassinations and the unstable security environment.
Hamza added that: It is certain that the elections will not be held in an atmosphere of assassinations and the absence of security, indicating that targeting activists is a clear message to postpone them and the survival of this government until further notice. He described this as a dangerous gesture.
He explained that: If the targeting continues unchecked, it will move from targeting activists to prominent politicians, and the government must take decisive measures to end it in order to create an atmosphere for holding early elections on time.
Sparky ... recovery of demand on oil, or anY other fossil fuels days are numbered ...imo ...
butterfly Iranian official: The nuclear negotiations in Vienna have reached a very complicated point
Monday 31 May 2021 20:08......The Iranian chief negotiator, Deputy Foreign Minister Abbas Araqchi, stressed that the nuclear negotiations in Vienna have reached a very complicated point.
Araqchi added in an interview with Iranian television: We have reached the most important disputed issues, and the negotiations have become complicated.
Araqchi did not clarify what the disputed issues (to which he referred) are between Iran and the 4+1 group, which are engaged in negotiations with the aim of reaching an understanding that would revive the nuclear agreement signed in 2015 and which Washington withdrew from three years after its conclusion.
butterfly NATO foreign and defense ministers will hold two separate meetings tomorrow, Tuesday
Monday 31 May 2021 19:50.......The foreign and defense ministers of the North Atlantic Treaty Organization (NATO) will hold two separate meetings, Tuesday, via video conference technology, to discuss the arrangements for the upcoming June 14 NATO summit, and various issues.
In a press statement, NATO Secretary-General Jens Stoltenberg described the upcoming summit as a very important moment for the alliance and collective security.
He stressed the need to strengthen alliance ties between North America and Europe.
He stressed that the alliance has a defensive goal and is working to maintain peace, and is present in many areas for this purpose.
Sparky ... if disputed areas mean 104, I'll start paying attention ...
butterfly The Undersecretary of Foreign Affairs discusses with the Chinese Ambassador cooperation in the field of support in international forums to serve common interests
Monday 31 May 2021 19:47 ........The Senior Undersecretary of the Ministry of Foreign Affairs, Nizar Al- Khairallah , discussed with Chinese Ambassador Zhang Tao cooperation in the field of support in international forums to serve the common interests and the future of the two countries' developing relations in various fields.
A Foreign Ministry statement said today that Al-Khair God met the Chinese ambassador, and during the meeting, they reviewed the most important events in the region and discussed bilateral and regional issues and ways to support Iraq's efforts to reduce tension in the region and the importance of this for Iraq and the future of the region, as well as the Chinese role in support of peace and security initiatives in the region Middle east ".
The statement indicated that the two sides also discussed the importance of holding political consultations between the two countries' foreign ministries to discuss bilateral issues and the two countries' vision for the overall developments on the regional and international arenas, as well as discussing cooperation in the field of support in international forums to serve common interests and the future of the two countries' advanced relations in various fields.
Sparky ... NATO is there for oil energy, let's be real ...
butterfly The Minister of Transport discusses with the Finnish ambassador the electronic management of Iraqi ports
Monday 31 May 2021 18:01 ........Minister of Transport Nasser Hussein Bandar Al-Shibli discussed with the Finnish Ambassador, Visa Hakkinen in Iraq, the electronic management of Iraqi ports.
Al-Shibli said in a statement to the Ministry of Transport: In an effort to develop the work of Iraq's ports and introduce electronic automation in marine works, discussions were held with the Finnish ambassador and the accompanying technical delegation regarding the VTMS project, which is a modern system for managing ships by means of radars and advanced cameras. And
between Al-Shibli, it is hoped That there will be another meeting within the next two days to discuss at length the technical and administrative details that will contribute to the development of port work in a way that competes with the work of regional and international ports.”
Sparky ... green energy is here, they may get woke, or left behind ...
Sparky ... greedy 'till the last drop I imagine ...... either way, things are a changin' ...
butterfly 2021-05-31 09:46 Shafaq News / OPEC oil output has risen in May as the group agreed to ease supply curbs under a pact with allies, a Reuters survey showed, although a drop in Iranian exports and involuntary reductions in African members limited the increase.
The 13-member Organization of the Petroleum Exporting Countries has pumped 25.52 million barrels per day (bpd) in May, the survey found, up 280,000 bpd from April. Output has risen every month since June 2020 with the exception of February.
Hoping for a global demand recovery, OPEC and allies, known as OPEC+, decided from May 1 to ease more of the record supply cuts made in 2020. OPEC+ meets on Tuesday and delegates expect producers to stick to the existing plan.
"The oil market looks in very good shape ahead of tomorrow's meeting," said Eugen Weinberg of Commerzbank. "Despite the mobility restrictions that are still in place, oil demand is recovering dynamically around the world."
The OPEC+ agreement allows for a 277,000 bpd increase in OPEC output in May versus April, plus Saudi Arabia had pledged to add 250,000 bpd as part of a plan to gradually unwind a 1 million bpd voluntary cut had made in February, March and April.
But with reductions in other countries offsetting the Saudi move, the increase in May OPEC output found by the survey is less than expected, and the group is still pumping much less than called for under the deal.
OPEC compliance with pledged cuts was 122% in May, the survey found, versus 123% in April.
butterfly The biggest increase in May of 340,000 bpd came from Saudi Arabia as it began to unwind the voluntary cut and raised output as part of the May 1 OPEC+ boost.
OPEC's No. 2 producer Iraq also pumped more in May, the survey found, adding an extra 70,000 bpd and pushing output beyond its quota.
Libya, one of the OPEC members exempt from making voluntary cuts, boosted output in May after a force majeure on oil loadings from the port of Hariga was lifted.
These increases were limited by involuntary reductions elsewhere in the group. The biggest drop was in Nigeria, where exports slowed from a number of terminals. Angolan supply, in long-term decline, also declined.
Iran, which has managed to raise exports since the fourth quarter despite U.S. sanctions, exported less in May due to lower demand in China.
Talks with world powers on reviving its nuclear deal could soon lead to higher Iranian exports.
The Reuters survey aims to track supply to the market and is based on shipping data provided by external sources, Refinitiv Eikon flows data, information from tanker trackers such as Petro-Logistics and Kpler, and information provided by sources at oil companies, OPEC and consultants. Source: Reuters
Sparky ... green is good ... I like spinach ...
butterfly 2021-05-31 12:23 Shafaq News/ OPEC+ is likely to stick to the existing pace of gradually easing oil supply curbs at a meeting on Tuesday, OPEC sources told Reuters, as producers balance expectations of a recovery in demand against a possible increase in Iranian supply.
The Organization of the Petroleum Exporting Countries and allies - known as OPEC+ - decided in April to return 2.1 million barrels per day (bpd) of supply to the market from May to July, as it anticipated global demand would rise despite surging coronavirus cases in India.
Since that decision, oil has extended this year's rally and has gained more than 30% so far in 2021 towards $70 a barrel. But the prospect of higher Iranian output as talks on reviving its nuclear deal make progress has limited the upside.
OPEC Secretary General Mohammad Barkindo said he did not expect higher Iranian supply to cause problems.
"We anticipate that the expected return of Iranian production and exports to the global market will occur in an orderly and transparent fashion," he said in a statement.
A meeting of OPEC+ experts called the Joint Technical Committee (JTC) took place on Monday. The JTC confirmed OPEC's forecast for a sizeable, 6 million bpd jump in world oil demand in 2021 focused on the second half, OPEC+ sources said.
Tuesday's meeting is due to be attended by oil ministers from OPEC+.
Two more OPEC+ sources said on Monday they do not expect OPEC+ to decide on output policy beyond July, since the outlook for Iranian supply is not yet clear. OPEC has another meeting planned for June 24.
The JTC also revised global supply down by 200,000 bpd and now expects a deficit in 2021 of 1.4 million bpd from 1.2 million bpd previously, a document seen by Reuters showed, a sign inventories will decline faster than expected.
OPEC+ cut output by a record 9.7 million bpd last year as demand collapsed, and the bulk of those cuts remain in place. As of July, the OPEC+ curbs will stand at 5.8 million bpd.
butterfly 2021-05-31 12:32
Shafaq News / Oil prices firmed on Monday, with Brent trading near $70 a barrel, underpinned by the bright outlook for fuel demand growth in the next quarter, while investors looked ahead to the OPEC+ meeting this week to see how producers will respond, Reuters reported.
Brent crude futures last traded up 60 cents, or 0.9%, at $69.32 a barrel at 1614 GMT, having earlier touched a session high of $69.82. U.S. West Texas Intermediate crude was at $66.87 a barrel, up 55 cents, or 0.8%.
U.S. and UK markets are closed on Monday due to public holidays.
Both contracts are on track for a second monthly gain as analysts expect oil demand growth to outstrip supply despite the possible return of Iranian crude and condensate exports.
"Despite the mobility restrictions that are still in place, oil demand is recovering dynamically around the world," Commerzbank said.
Iran has been in talks with world powers since April, working on steps that Tehran and Washington must take on sanctions and nuclear activities to return to full compliance with the 2015 nuclear pact.
The Organization of the Petroleum Exporting Countries and their allies including Russia will meet on Tuesday.
butterfly The group known as OPEC+ is expected to stay the course on plans to gradually ease supply cuts until July.
"Trading excitement often drives the market just before OPEC+ meetings, and there is confidence that the oil producer group will demonstrate supply restraint at its meeting on Tuesday," Louise Dickson, oil markets analyst at Rystad Energy said in a note to clients.
A Joint Technical Committee (JTC) for the alliance kept its global oil demand growth forecast for 2021 unchanged at about 6 million barrels per day, two sources from the group told Reuters on Monday.
Separately, crude output in the United States soared 14.3% in March, the Energy Information Administration reported on Friday, while Baker Hughes data showed the number of oil and gas rigs in operation rose for a 10th month in a row last week.
Sparky ... China is on board with electric cars ...
butterfly 2021-05-31 14:19 Shafaq News / A medical source reported that the first official mucormycosis death in Iraq had been registered in Dhi Qar.
The source told Shafaq News Agency thatthe disease was discovered by coincidence upon the death of the patient.
"The man's initial death document stated that he died from a fungus in the eye, but a specialist doctor examined the case and then discovered by chance that the man died due to his infection with the black fungus disease",the source said.
Mucormycosis is a fungal infection that causes blackening or discoloration over the nose, blurred or double vision, chest pain, breathing difficulties and coughing blood.
The disease has a close link to diabetes, and conditions which compromise the immune system. Experts have said that an overuse during the COVID-19 pandemic of certain drugs which suppress the immune system could be causing the surge.
Data from the U.S. Centers for Disease Control and Prevention shows that mucormycosis has a mortality rate of 54%, which can vary depending on the condition of the patients and the body part affected.
The disease is not contagious, which means that it cannot spread from contact between humans or animals. But it does spread from fungal spores that are present in the air or in the environment, which are almost impossible to avoid.
Sparky ... the more carbon emission, the quicker we die ...
butterfly 2021-05-31 13:17 Shafaq News / Baghdad and Erbil expressed today their readiness to implement the provisions of the 2021 budget.
This came in a meeting between Kurdistan Region Finance Minister Awat Sheikh Janab with Federal Finance Minister Ali Allawi in Baghdad, according to a statement issued by the region’s ministry of finance.
The statement said that the two sides discussed the mechanisms for implementing the 2021 budget and what falls on the Federal Ministry of Finance and the Kurdistan Regional Government.
This meeting comes within the framework of the Kurdistan region's delegation visit to Baghdad, to discuss the implementation of the budget.
It is expected that the delegation will hold talks with the Federal Ministry of Oil to discuss the oil file and prepare a joint report to be submitted to the Federal Ministry of Finance.
butterfly 2021-05-31 10:15 Shafaq News / The Parliamentary Finance Committee stressed today the need to prepare a draft of the General Budget Law for 2022 before the end of the current parliamentary session, noting that holding early elections will delay preparing it until the middle of next year.
Committee member Muhammad al-Shabki told Shafaq News agency, "the general budget law for 2022 will be implemented by the government and parliament before the end of the parliamentary session and elections are held, but this will not be achieved until the middle of next year."
He indicated, "there must be a financial report submitted by the Ministers of Planning and Finance to the Council of Ministers that includes a set of risks and purchases to reach successful plans to prepare the Budget Law for 2022."
"The budget will not be ready for voting after the elections because the parliamentary session would have been expired at the time. It is expected that the debate will continue over the election results, their approval, holding new parliamentary sessions, and forming the next government."
Al-Shabki called for preparing the budget law and submitting it to Parliament to be read and voted on before the end of the parliamentary session next October.
Sparky butterfly ... newsbreak ...
butterfly 2021-05-30 16:04 Shafaq News/ An informed source revealed that the meeting scheduled for Friday between the Kurdish National Council (ENKS) and the U.S. Deputy Special Envoy to Syria had been postponed.
The source said that the resumption of the Kurdish-Kurdish dialogue relies on the guarantees that the U.S. Deputy Special Envoy to Syria, David Brownstein, will offer in his anticipated meeting with the ENKS.
"The meeting will be held in the next few days," he added, "the reasons that prompted the U.S. Deputy Special Envoy to postpone the meeting are unknown."
"ENKS called on the U.S. Deputy Special Envoy and the Commander of SDF (Syrian Democratic Forces), Mazloum Abdi, to stop all the violations committed by the security forces affiliated with the Autonomous Administration against the proponents, members, and leaders of ENKS, and put an end to the accusations made by the Democratic Union Party (PYD) on media towards the leaders of the ENKS and Peshmerga Rojava to provide an appropriate atmosphere to resume the negotiations."
Under the auspices of the United States and the supervision of the SDF Commander, Mazloum Abdi, ENKS and PYD engaged in negotiations to unify the Kurds in Syria and introduce the ENKS in the governance of the Autonomous Administration of North and East Syria.
Initially, the negotiations were fruitful as they resulted in the establishment of a political reference for a mutual administration of the Region and drafting a "political code".
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Zig’s Place Chat and News Monday AM 5-31-21
.Zig’s Place Chat and News Monday AM 5-31-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Butterfly A new rise in the exchange rates of the dollar on the local stock exchange
Monday 31, May 2021 13:50..................The exchange rates of the dollar recorded a slight increase on the main stock exchange and local markets in the capital, on Monday.
The exchange rates of the dollar were recorded on the Al-Kifah Central Stock Exchange in Baghdad today, 149,250 dinars, for each $ 100 denomination paper.
Zig’s Place Chat and News Monday AM 5-31-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Butterfly A new rise in the exchange rates of the dollar on the local stock exchange
Monday 31, May 2021 13:50..................The exchange rates of the dollar recorded a slight increase on the main stock exchange and local markets in the capital, on Monday.
The exchange rates of the dollar were recorded on the Al-Kifah Central Stock Exchange in Baghdad today, 149,250 dinars, for each $ 100 denomination paper.
The prices of selling and buying dollars in exchange offices and local markets in Baghdad increased, as the selling price reached 149,750 dinars for each $ 100 bill, while the purchase prices reached 148,750 dinars, for each $ 100 bill.
butterfly The day before the OPEC + meeting, oil prices are approaching $ 70
Monday 31, May 2021 11:05.......Oil prices witnessed a remarkable increase on Monday, pending the outcome of the OPEC + meeting tomorrow, Tuesday.
Brent crude for August rose 0.6%, to reach $ 69.22 a barrel.
The price of US West Texas Intermediate crude, for delivery next July, increased by 0.54%, to reach $ 66.66 a barrel.
Oil is preparing for a second consecutive monthly gain, as the United States, China and parts of Europe lead a strong economic recovery, despite the virus returning across Asia.
Investors will also be looking, when OPEC + meets, for any clues regarding the next phase of the group's supply policy amid growing expectations of demand acceleration until the end of the year.
butterfly An economic specialist for / Nina /: The continuation of currency smuggling and the return of bank dominance reflects government failure
Monday 31, May 2021 10:11,,,,,,,Economic specialist Dergham Muhammad Ali affirmed: "The government's allegations related to the increase in the exchange rate of the dollar proved to be unsuccessful after five months of raising the exchange rate."
Mohammad Ali told the National Iraqi News Agency / Nina / " The allegations of the Minister of Finance to justify this decision by stimulating development and prevent the smuggling of currency and curb the black market, the Iraqi market were destroyed and reflected negatively and not positively."
He pointed out that "any real measures to reduce poverty rates have not been followed. On the other hand, currency smuggling continues through the same banks," indicating: "The return of the black market and the increase in inflation and poverty to record levels is sufficient to dismiss any government in a true democratic system.
Muhammad Ali stressed, "The failure of the finance minister’s policy and the so-called white paper, which was warned that it was a failure from the beginning. However, the government defended it under the pretext of supporting development, while the market downturn led to the loss of tens of thousands of job opportunities," calling on the government to be honest with the people. With the failure of its white paper and its inability to curb corruption mafias in the currency smuggling auction.
butterfly Al-Rafidain disburses a new batch of employees and security forces ’predecessors
Monday 31, May 2021 09:26................Al-Rafidain Bank announced today, Monday, the disbursement of a new batch of employees' advances and members of the security forces.
The bank confirmed in a statement that it would continue to grant advances to employees and security forces' employees through its branches spread in Baghdad and the governorates.
butterfly During his meeting with the US ambassador, Al-Hakim stressed the importance of developing bilateral relations between Iraq and the United States
Monday 31, May 2021 13:31..........Head of the National Wisdom Movement, Ammar Al-Hakim, stressed the importance of developing bilateral relations between Iraq and the United States.
A statement by his office, said al - Hakim , the US ambassador in Baghdad , Matthew Tauler received, and discussed bilateral between Baghdad and Washington , and ways to strengthen relations and to hold early elections in the timing of the schedule, and the provision of electoral security and control internationalism to ensure transparency. "
Among the wise, that" Iraq pay attention to foreign relations of out of common interests and respect for its sovereignty , "stressing" the importance of developing relations between Iraq and the United States, and focus on the economic and service larger sides. "
He stressed the need to hold early elections on schedule with the creation of requirements and conditions of success and in the forefront of electoral security to be its outputs reflect the aspirations and desires of the Citizens.
butterfly Kurdistan Islamic Union: The political ground in the region is not ready for drafting a constitution
Monday 31, May 2021 12:38 ,,,,,,,,,,,,,,,The Kurdistan Islamic Union considered that the political ground in the region is not prepared at the present time to draft a constitution in which all parties and Kurdish forces agree on its provisions.
"Those who hold power are only those who call for drafting the region’s constitution, at this stage, and the Islamic Union believes that the ground is not adequately prepared now for drafting a constitution," Muhammad Ahmad, the official in charge of the Supreme Supervisory Authority of the Kurdistan Islamic Union, said in a press statement.
He explained, "The reason for the failure of drafting a constitution for the region in the previous stages is due to its use as a material for electoral propaganda by the authority parties."
Regarding the demands for making Islamic law a reference for legislation in the constitution, the official in the Islamic Union stressed that the majority of the people of the Kurdistan region embrace the Islamic religion, and the constitution must express the will of the majority and not contradict the provisions of Islamic law.
butterfly 2021-05-31 06:35 Shafaq News/ The Central Bank of Iraq maintained its sales of hard currency at nearly the same levels of yesterday, Sunday.
Shafaq News Agency correspondent reported that CBI sales at the Foreign Exchange Auctions settled at $195,050,387, compared to $189,212,134 on the 30th of this month. The weighted average rate of the dinar to the U.S. dollar amounted to 1460.
Our correspondent explained that 17 banks and 18 exchange companies cashed $32.4 million, while $162,650, 387 went to boost funds abroad in the form of transfers and credits, with 33 banks meeting those requests.
butterfly 2021-05-31 05:32
Shafaq News/ Gold prices rose on Monday and were headed for their biggest monthly jump since July 2020, boosted by a weaker U.S. dollar and lower bond yields, while growing inflationary pressure also lifted demand for the metal.
Spot gold was up 0.1% at $1,905.14 per ounce by 0637 GMT, while U.S. gold futures gained 0.2% to $1,908.80. Spot prices have risen nearly 7.7% so far this month.
Most markets will be closed in the United States and Britain on Monday for public holidays.
“Gold is pretty much drawing its strength from inflation fears and some inclination of the yields,” said Stephen Innes, managing partner at SPI Asset Management.
“The dollar is staying weaker, that’s fairly supportive. Gold bulls now have their eyes set on $2,000, and most are thinking it’s going to go quite a lot higher.”
The dollar index eased 0.1% against its rivals, while the U.S. 10-year Treasury yield fell to 1.593% on Friday, reducing the opportunity cost of holding non-interest bearing gold.
Data on Friday showed U.S. consumer prices surged in April, with a measure of underlying inflation blowing past the Federal Reserve’s 2% target and posting its largest annual gain since 1992.
Gold, often used as a hedge against inflation, has benefited from recent data showing a rise in prices in the United States and Britain.
Investors’ focus this week will be on U.S. payrolls data due on Friday, with median forecasts suggesting they will show an increase of 650,000.
Spot gold, riding on a wave C from the May 13 low of $1,808.44, may test resistance at $1,919 per ounce, a break of which could lead to a gain into the $1,932-$1,953 range, Reuters technical analyst Wang Tao said in a report on Monday.
Palladium was up 0.4% at $2,837.38 per ounce, but was set for its first monthly decline in four. Platinum climbed 0.4% to $1,181.76.
Silver gained 0.1% to $27.91 and was heading for its largest monthly gain since December. Source: Reuters
butterfly 2021-05-31 03:15 Dollar exchange rates in Iraq
Shafaq News / The dollar exchange rates climb slightly in the Iraqi market today, Monday (May 31, 2020).
• The Kifah Stock Exchange recorded 149,250 dinars, for $ 100.
• The Al-Harthiya Stock Exchange recorded 149,250 dinars for 100 dollars.
In Baghdad Selling prices in the banking stores in the local markets
•Sale price: 149,750 dinars for $ 100 • Purchase price: 148,750 dinars for $ 100
In Erbil Selling prices in the banking stores in the local markets
•Sale price: 149,200 dinars for $ 100 • Purchase price: 149,000 dinars for $ 100
31 May 21, 08:36 AM butterfly 021-05-31 05:50
Shafaq News/ The Federal Commission for Integrity said that 53 arrest and summoning orders were issued in April against a list of state officials that includes four MPs and three Ministers.
The investigations department in the Commission said that eight arrest warrants and 45 summoning orders had been issued against state officials in the first five months of 2021. Three summoning orders were issued against three MPs serving in the current session and another from a previous session, as well as a former Minister and two current Ministers.
The list also includes 15 Director-Generals (seven of them are incumbents), and 23 members of local governorate councils.
The statement said that four summoned officials are referred to other investigative authority, two to the Judiciary, two are fugitives, and an official was covered with an amnesty order.
butterfly Mount Zawa Cable Car to Create Jobs, Boost Tourism........31st May 2021......KRG Prime Minister Masrour Barzani marked the official opening of the Mount Zawa Cable Car in Duhok province, which will create hundreds of new jobs in coordination with the Ministry of Municipality and Duhok Governorate.
The $30 million project connects the Barzan region road to the top of Mount Zawa and includes new restaurants and numerous gardens. The management of the cable car section alone will generate employment for around 100 people.
"Mount Zawa is a popular tourist destination in the Duhok province of Kurdistan, showcasing the region's natural beauty," said Prime Minister Masrour Barzani in his opening remarks. "This project will not only benefit the people of Duhok by creating new jobs; it will also provide new opportunities for people to enjoy the best of what our land has to offer."
The distance the Cable Car project covers from Barzan region road to Mount Zawa is 2,330 meters. The highest point reaches 500 meters from the ground.
There are 26 cable car cabins, each with the capacity to carry eight people (or 800kg). The project is part of the government's plan to reform and diversify the Kurdistan Region economy since it took office.
"This project is one more example of the Kurdistan Regional Government's ongoing efforts to diversify Kurdistan's economy and strengthen its tourism sector," Prime Minister Barzani added.
Despite the current economic challenges the region and the world are facing, the Kurdistan Regional Government remain committed to implement strategic cooperation economic projects. (Source: KRG)
butterfly Increasing Oil Production at West Qurna 2,,,,,,,,,31st May 2021,,,,,,,,Iraq's Oil Minister, Ihssan Abdul-Jabbar Ismail, has announced the start of experimental operations at the Yamamah reservoir in the West Qurna 2 oil field, with the aim of increasing output from the reservoir from 10,000 barrels per day (bpd) to 350,000 bpd.
When fully implemented, the development would bring total production at the field to 800,000 bpd.
The Minister praised the work of Russian company Lukoil, which is developing the field.
(Source: Ministry of Oil)
Doug_W at $60 a bbl that is 48 MILLION a day
butterfly Parliamentary law promises to submit a proposal to amend an article in the Unified Pension Law
Monday 31, May 2021 17:28...........The Parliamentary Legal Committee pledged to submit a proposal to amend Article (13) of the Unified Pension Law No. 9 of 2014.
The committee discussed, during a joint meeting with the President of the General Retirement Authority and the Director of the Legal Department in the Council of Ministers, the possibility of addressing the problems currently occurring in pension salaries, as the General Retirement Authority provided an explanation regarding the mechanism for calculating the age of those referred to retirement who reached (45) years, with confirmation that The text does not apply to cases before the law comes into force, according to judicial decisions, which are consistent with the opinion of the Legal Department at the Ministry of Finance.
The meeting also included the report and observations of the Parliamentary Legal Committee regarding the draft law of the Council of Ministers and the ministries, in particular some articles and clauses of the law that the committee deemed necessary to amend or delete due to their inconsistency with other laws in force, as the legal committee announced that it is going to address the parliament to include the law on the agenda of the upcoming sessions To vote on it after the completion of the last amendments
butterfly Najaf is implementing {Economical: Al Furat News} Najaf Governorate announced the implementation of the 400 kv project, which will enter it directly to the national network.
Governor Louay Al-Yasiri demanded, in a statement, that the Euphrates News Agency received a copy of it today, "The ministry should take into consideration the tourist position of Najaf and the continuous increase in the number of residents in it from other governorates, as well as the start of the agricultural season."
And he indicated that "the project is one of the important and strategic projects in Najaf and will support the electricity sector greatly, as it will make the governorate directly linked to the national network instead of its current position as a final link, indicating that the business rates are going according to the specified time rates, and we hope the middle of next August to finish the implementation and enter the project into service." ".
Al-Yasiri called on the ministry again to ensure that Najaf is equipped with electric power and to take into account the tourist status and the continuous increase in the number of residents in it from other governorates, as well as the start of the agricultural season and the need to equip agricultural areas with energy to make it successful.
butterfly He added that the project will increase the electrical reliability of the governorate by linking it to the main national grid with high pressure by connecting the governorates of the Middle Euphrates with each other, as Najaf will be a center of load between the governorates, noting that "the project is considered the first 400 km line." Q double circuit connecting the provinces of the Euphrates , which is reflected positively on the increased electrical capacity and rates of processing of the province , adding that the project consists erected 37 towers double circuit (Double Circuit) and business in the project was launched on the first of last April and the duration of the project 135 days. "
butterfly Iran is moving to develop a huge joint oil field with Iraq
05/31/2021............ {Economist: Al Furat News} The National Iranian Oil Company has concluded 3 memoranda of understanding with local companies in the field of oil discovery and production to conduct recent studies to develop the joint Azadakan field with Iraq.
In the presence of Oil Minister Bijan Zangana, memoranda were concluded today, Monday, with 5 local oil exploration and production companies for conducting studies on the Azadakan field, located in the southwest of the country and shared with the Iraqi Majnoon field.
The first memorandum was concluded by the National Oil Company with the "Brescia" oil and gas company to conduct feasibility studies on the northern section of the field, the second memorandum with "Petropars" and "Petroiran" companies for the middle section, and the third with the companies "Kesters Energy Passarcad" and "Energy Dana" for the southern section.
"Azadakan" is the largest joint Iranian field with an area of 1,500 square kilometers, with estimated reserves of 32 billion barrels of oil, and is currently being developed on the northern and southern sides.
The northern Azadcan field was inaugurated 5 years ago with a production capacity of 75 thousand barrels per day, developed by the Chinese company "CNBC", while contracts were concluded with the Iranian company Petropars to complete the first development stage of the southern Azadcan field in addition to the establishment of a processing unit (CTEP) after the dissolution Contracting with the same Chinese company in 2014.
butterfly Oil prices are on the rise, amid anticipation of the outcome of the OPEC + meeting......05-31-2021 10:18 AM........Today, Monday, oil prices witnessed a remarkable increase, pending the outcome of the OPEC + meeting on Tuesday.
Brent crude for August rose 0.6%, to reach $ 69.22 a barrel.
The price of US West Texas Intermediate crude, for delivery next July, rose 0.54%, to reach $ 66.66 a barrel.
Oil is preparing for a second consecutive monthly gain, as the United States, China and parts of Europe lead a strong economic recovery, despite the virus returning across Asia.
When OPEC + meets on Tuesday, investors will also look for any clues about the next phase of the group's supply policy amid growing expectations for demand to accelerate through the end of the year.
butterfly The World Bank in Iraq will officially release tomorrow the "Human Development in Iraq" report...............05-30-2021 09:48 AM .............Tomorrow, Monday, the World Bank in Iraq will release the official report "Human Development in Iraq - Review of the General Agreement", which will discuss the government's response to address deficiencies in human capital indicators within the framework of a reform roadmap for Iraq, with the participation of a number of decision-makers, Iraqi and foreign experts and personalities High-level.
The head of the World Bank office in Iraq, Ramzi Numan, according to the official newspaper, said, "The World Bank in Iraq will officially launch tomorrow, Monday, the report" Human Development in Iraq - Review of the General Agreement ", in the capital, Baghdad.
He added, "The launch ceremony will include a presentation on human capital development, as well as an overview of the human capital situation in Iraq and aspects of public spending on vital human development sectors, as well as a discussion of the Iraqi government's response to address deficiencies in the formation of human capital, in addition to Discussing the roadmap towards structural reforms to review the human development model in the education and health sectors in specialized sessions.
The head of the World Bank office in Iraq pointed out that "the conference launching the report will be attended by the ministers of planning, education, higher education and scientific research, as well as the Deputy Minister of Health, the Deputy Special Representative of the Secretary-General of the United Nations and the Humanitarian Coordinator, Arina Fujakova Soler, and the Director of the Human Development Program, the East Division."
butterfly Middle and North Africa, and the Regional Director of the Levant Division, the World Bank Group, Saruj Kumar Jha, in addition to representatives of the Iraqi Ministry of Finance and a large group of specialists through a very large personal and electronic participation, while the event is transmitted directly through social media and through local and international media coverage.
butterfly ...........I WANT TO THANK ALL THAT ARE SERVING, ALL THAT SERVED, ALL THAT WILL NEVER RETURN BUT SERVED ALL OF US...............MAY WE NEVER FORGET.....31 May 21, 10:17 AMBobbyC
Here's that report.......https://www.worldbank.org/en/country/iraq/publication/iraq-human-development-public-expenditure-review-addressing-the-human-capital-crisis-a-public-expenditure-review-for-hum
BobbyC https://www.worldbank.org/en/country/iraq/publication/iraq-human-development-public-expenditure-review-addressing-the-human-capital-crisis-a-public-expenditure-review-for-hum
butterfly This is one awesome display: https://twitter.com/BeckiJr/status/1399386361577283590
Zig butterfly : Nice...Very creative.
Zig Hey I just got an email from Adam Montana at Dinar Vets...If I want to become a VIP at his forum he is offering me a 35% discount!!..... :Happier:
Sparky ... Thank you Doug for your service for our country ...
butterfly Zig I would hold out for 70%
Zig butterfly : Definitely....lol
Sparky ... a true hero ... for ever and ever ... https://youtu.be/lX2dKL70z38 ...
Sparky ... and that's a fact ...
Sparky ... you can take that to the bank ... and cash it on our freedom ... as I do daily, so, thank you my friend ...
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 Late Sunday PM 5-30-21
Zig’s Place Chat and News Late Sunday PM 5-30-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Butterfly Iran is considering increasing the production capacity of a joint oil site with Iraq
Sunday 30, May 2021 21:17 ..... The National Iranian Oil Company announced today, Sunday, its intention to sign three agreements with local companies, to study the huge Azadegan oil field that it shares with Iraq.
The company said in a statement published by the American "Bloomberg" agency, that "the initial agreements to be signed tomorrow, Monday, if they lead to end contracts, they will increase the oil production capacity in the giant Azadegan field," without specifying any numbers.
Zig’s Place Chat and News Late Sunday PM 5-30-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Butterfly Iran is considering increasing the production capacity of a joint oil site with Iraq
Sunday 30, May 2021 21:17 ..... The National Iranian Oil Company announced today, Sunday, its intention to sign three agreements with local companies, to study the huge Azadegan oil field that it shares with Iraq.
The company said in a statement published by the American "Bloomberg" agency, that "the initial agreements to be signed tomorrow, Monday, if they lead to end contracts, they will increase the oil production capacity in the giant Azadegan field," without specifying any numbers.
The US Agency pointed out that "Fars Oil and Gas Development Company" will study the northern part of the field. As for "Petrobas" and "Petro Iran" companies, they will study the central part of the field, while the companies "Pasargad" and "Dana Energy" will study together the part. Southern from Azadegan. "
And Azadegan is divided into two parts, north and south, and it is the largest oil field that Iran shares with a neighboring country (Iraq), and it is believed that it contains 32 billion barrels of oil.
butterfly The United Nations Development Program signs with / Asiacell / Memorandum of Understanding to support youth employment in Iraq
Sunday 30, May 2021 21:30 .... The United Nations Development Program in Iraq signed today in Sulaymaniyah a memorandum of understanding with / Asiacell / for a period of two years to enhance youth job opportunities and support micro, small and medium enterprises in Iraq.
The United Nations Assistance Mission for Iraq / UNAMI / stated in a statement: "The two parties commit, through this memorandum, to work together on several initiatives, specializing in supporting young entrepreneurs and emerging companies to develop innovative solutions to persistent local challenges, in addition to the programs of the development acceleration laboratories.
Affiliated with the United Nations Development Program in Iraq, as well as an initiative to support an online platform designed to connect entrepreneurs with available investors, and also work to promote long-term and sustainable employment opportunities for youth. Efforts led by Iraqi youth to address the emerging coronavirus (Covid-19) pandemic will also be covered. .
Zina Ali Ahmed, Resident Representative of the United Nations Development Program in Iraq, said: “Through their passion, creativity, innovation and entrepreneurial spirit, Iraqi youth today are agents of change and have the ability to build a resilient and inclusive Iraq - especially after Iraq has gone through multiple crises, including This is the war against ISIS, the economic difficulties caused by low oil prices, and the emerging coronavirus (Covid-19) pandemic. "
butterfly She added, "Today we are proud to partner with Asiacell to nurture young talent. We are also working to secure the future of Iraqi youth by providing the necessary training and long-term support in the fields of employment."
For his part, Amer Al-Sanaa, Managing Director and CEO of Asiacell Telecom said: "The partnership with the United Nations Development Program adds value to our ongoing programs, and it will clearly bear its positive effects in support of Iraqi youth."
He added, "We are completely confident in the new set of initiatives that we are working on now that they will have positive, innumerable effects on the Iraqi economy."
butterfly The Iranian Revolutionary Guard announced the dismantling of a terrorist cell near the Iraqi border
Monday 31, May 2021 00:00..............The Iranian Revolutionary Guard announced the dismantling of a terrorist cell in the southern province of West Azerbaijan (northwestern Iran), and the killing of two of its members.
The public relations at the headquarters of "Hamza Sayed Al-Shuhada" of the Iranian Revolutionary Guards said in a statement: "The forces affiliated with the headquarters of Hamzah Sayyid al-Shuhada in the ground force of the Revolutionary Guard entered into armed clashes, on Saturday, with a terrorist cell that includes sinister elements opposed to the Islamic Revolution, who were about to infiltrate. Into the country through the Piranshahr border crossing in West Azerbaijan province).
The statement indicated that "the clashes resulted in the death of two terrorist elements of this cell," stressing that "a quantity of weapons and ammunition in their possession was seized."
It is noteworthy that the city of Piranshahr is located in the south of the western Azerbaijan province, adjacent to the northern Iraqi border.
butterfly The head of the Iraqi Journalists Syndicate, Moayad Al-Lami, discusses with a delegation from the Security Media Cell the basis for mutual cooperation to ensure that the security message arrives without distorting
Sunday 30, May 2021 23:47.........Muayad al-Lami, head of the Iraqi Journalists Syndicate, met with a delegation from the Security Media Cell, in the presence of a number of members of the Syndicate Council.
During the meeting, according to a media cell statement, they discussed the foundations of mutual cooperation between the cell and the Syndicate of Journalists and the importance of the cell’s activities and activities receiving appropriate media coverage by various media outlets to ensure that the security message reaches the public opinion without distorting the facts.
They also discussed the organization of activities and the establishment of reciprocal workshops between the cell and the union, in a way that enhances constructive cooperation in drafting a security speech according to professional media foundations based on presenting abstract facts to the public opinion.
The head of the Journalists Syndicate expressed his keenness to consolidate the relationship with the cell, and praised the great role entrusted to it in improving the level of the relationship between security men, media men and the press in a way that achieves the public interest.
For its part, the cell delegation praised the great efforts of the media and journalist family in the participation of security men in making victory and strengthening the foundations of security and stability in the country.
butterfly Saudi Fund for Development agrees $10m export financing deal with National Bank of Iraq
Agreement will provide a revolving credit line for Iraqi importers of Saudi Arabian goods and services..............May 30, 2021............The Saudi Fund for Development (SFD) signed a $10 million export financing agreement with the National Bank of Iraq to provide credit facilities to the Iraqi lender.
The funding will help Iraqi companies to buy Saudi goods and services and will help to strengthen trade relations between the two nations, the SFD said in a statement on Sunday.
“This agreement reflects the strong ties between the kingdom and Iraq, and our mutual desire to increase co-operation across several sectors. It is part of an ongoing $1.5 billion that the Saudi government allocated to support reconstruction and development projects in Iraq," SFD chief executive Sultan Abdulrahman Al-Marshad said.
“Supporting stability in countries seeking to achieve sustainable economic and social development is one of the main priorities of the SFD and through this agreement we seek to achieve prosperity for both nations.”
butterfly Iraq is developing stronger trade ties as it attempts to diversify an economy that is almost entirely reliant on oil revenue. The country's economy shrank 10.1 per cent last year as it was hit by the double blow of Covid-19 and low oil prices. A liquidity crisis sparked by its public sector salary load and pension payment obligations also led to the government devaluing its currency, the dinar, in December.
The agreement between the SFD and Capital Bank-owned National Bank of Iraq in Jordan will extend $10m in a revolving credit line to Iraqi companies, with repayment periods of up to 36 months, depending on the type of imports and the nature of the trade being financed.
“This line of financing will expand trade between Iraq and Saudi Arabia by providing credit facilities for Iraqi investors to import Saudi products and services at competitive prices. It will also increase transport links between our two nations and stimulate the financial and commercial sectors,” said Capital Bank's chairman Basem Al-Salem.
PeteV This is for info only: CHEAT SHEET FOR APPOINTMENTWITH SUPPLEMENTAL INFORMATION, 30 MAY---- https://dinaresgurus.blogspot.com/2021/05/cheat-sheet-for-appointmentwith.html?spref=tw
Zig Do you believe what that link takes you to read??
Zig butterfly : "Iraq is developing stronger trade ties as it attempts to diversify an economy that is almost entirely reliant on oil revenue.".......That is what we want!!
butterfly Zig Iran could be a problem and then again it might save Iraq. I don't know because I don't know how these people think. They speak so different than we do.
butterfly NDAs.....sorry but I have to laugh when I hear someone say......I can't say anything because of the NDA I signed. People need to look it up and understand that an NDA is a piece of paper that can be disputed even in the courts.
NORV (Kaperoni) funny, the same bs year after year and people still fall for it.
NORV :Float: :Float: :Float:
Zig NORV : It does get old....
Zig Look we all want the same thing: To profit from this eventually....but please be careful whom you are listening to out there....very bad characters out there looking to take advantage of you one way or another.....
butterfly Zig Well said.
Zig butterfly : Thanks...I really do not like doing that...it ticks off many people...lol...
Zig People are free to believe what they want and whomever they want...I know that...and free to pay a monthly fee at some forums...I am not here to criticize...just giving my thoughts gathered from my experiences in this for a long time....Please feel free to disagree and give your thoughts as well....but please be civil.....thanks...this has been a strange ride...made enemies out of some and friends out of others....oh well....we continue to wait and to hope....Take care.....
butterfly UNAMI: We have documented 48 assassination incidents in Iraq and more than 20 demonstrators whose fate is still unknown
Sunday 30, May 2021 23:22.......The United Nations Mission in Iraq / UNAMI / issued a report on assassination operations of activists in Iraq.
The UNAMI report stated: "48 incidents of assassination of protesters carried out by unknown elements have been documented, and more than 20 demonstrators whose fate is still unknown."
The report added: "The investigation into assassinations did not go beyond the investigative stages, and those involved in assassinations often get away with it."
butterfly Iran, Iraq Agreement on Customs, Joint Investment......31st May 2021.......Ministerial delegations from Iran and Iraq agreed on plans to promote cooperation on customs affairs, pave the way for joint investment, and expand the capacity for transportation between the two neighboring countries.
After two rounds of meetings on Saturday, delegations led by Iranian Economy Minister Farhad Dejpasand and Iraq's Finance Minister Ali Abdul-Amir Allawi reached agreements on closer trade ties between Tehran and Baghdad.
Speaking at a press conference after the meetings, Dejpasand said the new agreements entail plans to address the problems relating to customs, exchange experiences in customs affairs, and facilitate the activities of the two countries' business people.
He noted that Iran and Iraq have also agreed on organized plans for joint investment in order to increase foreign investment in the two countries by setting up new industrial complexes.
Another issue agreed upon in the meetings was the expansion of the capacity for the transportation of rail passengers and cargo between the two neighbors.
Iran and Iraq held the 4th session of Economic Cooperation Joint Commission in January, weighing plans for stronger cooperation in various sectors with an eye to the geographical, cultural and religious commonalities between the two Muslim neighbors.
Participants in the meeting are also planned to discuss the ways to boost economic ties, promote exports, and evaluate the markets for optimum productivity in various sectors, such as the transportation and energy industries, tourism sector, construction projects, and water and electricity industries.
(Source: Tasnim, under Creative Commons licence)
butterfly 2021-05-30 16:49 Shafaq News/ The Chair of the Commission of Investment in Najaf, Dergham Kiko, said on Sunday that the Commission granted eleven investment licenses in the governorate so far in 2021.
Dergham said in a statement to Shafaq News Agency that the license covered an array of fields, including education, industry, commerce, and Agriculture.
"The is the toll of the first five months of 2021 only," he noted, "the net value of these projects are estimated at 400 million dollars, nearly half a billion dinars."
butterfly 2021-05-30 13:09 Shafaq News/ National Iranian Oil Co. will sign three agreements with local firms on Monday to study the giant Azadegan oil field that it shares with Iraq, according to a statement on NIOC’s website, Bloomberg reported.
If the preliminary agreements lead to finalized contracts, they will increase oil production capacity at the Azadegan field, the statement said without giving figures.
Persia Oil and Gas Industry Development Co. will study the northern section of the field, Petropars and Petroiran Development Co. will study the central section, and Pasargad Energy Development Co. and Dana Energy will both study the southern stretch, according to NIOC.
Azadegan, which is split into northern and southern sections, is the largest oil field that Iran shares with a neighboring country and has an estimated 32 billion barrels of oil in place.
Sparky ... 25k pink notes on my dresser, you know I hasta get paid ... https://youtu.be/kaIZWjItReI ...
Sparky ... I'll be one of the guys that drops it all quick ...... sudden wealth syndrome runs in my family ...
Sparky ... just imagine if this can get to a buck, and have the discipline to wait out the float to a buck ...
Sparky ... I would imagine most would sell at a penny .... then the IQD climbed even higher ... to say, $4...
Sparky ... approximately what I figure what their worth ... ease of top shelf oil extraction for the next decade ... $2 per barrel extraction cost last I checked ... top shelf oil close to the surface ...
Sheila Sparky 3x current program rate would be great
Sparky sheila ... if it moves up, I'll wait a little while ... 4x could make it climb to a realistic valuation ...
Sheila Sparky We do not plan to jump out of the gate. Few days to get over shock.
Sparky ... it may be slow roll ..... 6 months to 5 years to get to actual value I predict ...after go ...
Sparky ... jump street is todays 1450 .. seems like a big hill to climb, but, could jump if they get their stuff together ... Iraqi's will gladly appreciate every single step in order to increase their purchasing power ...
Sparky ... imports favor a higher currency valuation ... for the importing country .. meaning for Iraq's reconstruction, they will need to import goods ... and a higher IQD value will be favorable ... imu ...
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 Afternoon 5-30-21
.Zig’s Place Chat and News Sunday Afternoon 5-30-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Butterfly Parliamentary Energy by / NINA /: For these reasons, the vote on amending the National Oil Company Law was postponed
Sunday 30, May 2021 16:42.......The Parliamentary Oil and Energy Committee disclosed the justifications for withdrawing the first amendment bill to the Iraqi National Oil Company, which was included for a vote on the agenda of the parliament session yesterday, Saturday.
A member of the committee, Representative Ghaleb Muhammad Ali, said in a statement to the Iraqi National News Agency ( NINA ): "The draft law was withdrawn due to the presence of technical notes submitted by the Office of Financial Supervision, and other proposals adopted by some representatives related to the mechanism of forming the company's board of directors and managing its financial revenues and its financing fund." Until "most of the new observations and proposals are non-political technical issues."
Zig’s Place Chat and News Sunday Afternoon 5-30-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Butterfly Parliamentary Energy by / NINA /: For these reasons, the vote on amending the National Oil Company Law was postponed
Sunday 30, May 2021 16:42.......The Parliamentary Oil and Energy Committee disclosed the justifications for withdrawing the first amendment bill to the Iraqi National Oil Company, which was included for a vote on the agenda of the parliament session yesterday, Saturday.
A member of the committee, Representative Ghaleb Muhammad Ali, said in a statement to the Iraqi National News Agency ( NINA ): "The draft law was withdrawn due to the presence of technical notes submitted by the Office of Financial Supervision, and other proposals adopted by some representatives related to the mechanism of forming the company's board of directors and managing its financial revenues and its financing fund." Until "most of the new observations and proposals are non-political technical issues."
He added that "the new draft amendment will be passed during the sessions of the current week after reformulating the amendments to the seven articles in the draft law," noting that "the parliamentary committee will meet next Wednesday with the oversight body at the Ministry of Oil and representatives of the Financial Supervision Bureau to agree to pass the law."
It was decided that the House of Representatives would vote in its session yesterday, Saturday, on the draft law of the first amendment to the Iraqi National Oil Company Law No. (4) of 2018.
butterfly The Iraqi Bar Association forms the Constitutional Appeals Committee
Sunday 30, May 2021 17:21 ......... The Iraqi Bar Association has formed a Constitutional Appeals Committee to ensure oversight of the constitutionality of laws, regulations, decisions, instructions and procedures issued by government authorities. "The decision comes for the purposes of activating the role of the Iraqi Bar Association in monitoring the constitutionality of laws and legislation enacted by the House of Representatives," the head of the Bar Association, Diaa Al-Saadi, said in a statement to the Iraqi National News Agency ( NINA ).
He added, "The new committee included a number of lawyers with specialization and experience in the field of constitutional appeals, and it will study the extent of the constitutionality of laws," indicating that "the committee will present recommendations, legal formulas and requests to the Bar Council within the general framework specified for the committee's tasks in order to initiate cases before the courts." Competent. ''
butterfly He said, "The Iraqi people have a great opportunity to change reality for the better and preserve the democratic process through broad participation in these elections scheduled to take place on the tenth of October, considering that the international monitoring of them is a" message of reassurance to the people "that will push them to broad participation And to give confidence to political partners, in a manner that guarantees the integrity and impartiality of the elections and not to question their outcomes, and explained that the House of Representatives has completed the system of legislation guaranteeing the holding of elections at an early date, stressing that the upcoming elections must be better than previous ones and have integrity and credibility, especially as they are monitored by the United Nations .
For her part, Gisladottir expressed the support of the UN mission of the Iraqi government and the Independent High Electoral Commission to provide all legal capabilities and provide technical assistance and advice in a way that contributes to its success and to ensure its transparency and integrity.
butterfly Al-Talibawi: The Minister of Defense asked the Americans to stay in Iraq
2021-05-30 Al-Talibawi - The Minister of Defense asked the Americans to stay in IraqOn Saturday, the leader of the Asa’ib Ahl al-Haq movement, Jawad al-Talibawi, criticized what Defense Minister Juma Inad said during a televised interview, pointing out that the minister called on the Americans to stay in Iraq.
Al-Talibawi said in a statement, “When our (defense) minister confronts the Americans, he tells them that the Iraqi army needs a minimum of seven years to complete its capabilities, and that it cannot now confront ISIS alone, so he frankly asks them to stay.”
He added: “As for the crowd, he says that the Iraqi army can face a country alone.”
He stated: “We want him (the Minister of Defense) to be brave and jealous and say these words to the army of the foreign country, which says that it will remain because the Iraqi army alone cannot confront ISIS, and not to his compatriots, the sons of the popular crowd who say that the Iraqis do not need a foreigner to help them defend their homeland. “.
And between: “As for the acceleration, his words were accurate. The thirty years that he was saying by those who could not confront them and were afraid to speak against them turned into three years.”burathanews.com
Sparky ... three years turned out to be 30 years ... in Arabish ...... or 3 years to thirty ... ? I know one thing ... I cannot understand Iraq ... I doubt they let anybody out of the underground prison ... unless in a body bag ... as most are political foes .. I wouldn't take a vacation in Iraq, or the ME if you're an American .. may turn up missing
Doug_W I think we ALL should go to Iran personally
Sparky ... Secretary of State ...... how often do you hear that, from a national leader ..... the big lie / joke was on usa ..... Putin and his embedded cronnies ...... but anywho, how's Iraq doing ? ... arguably the most profitable company in the United States ..... the powers that be will sweep him aside, like yesterday's trash
Sparky ... prolly grooming DeSantos ...... Goldman Sachs best on board with cryptos ...... social media is good for something ...... RobinHood gonna run them up and down the street ...
Dave glad to read Iraq is actually building power stations and completing a port berth.....
Butterfly Iraqi Dinar/US Dollar auction results 5-30-2021
United States DollarThe results of the foreign currency sale window for Sunday 5/30/2021, and executed today
Sale date – Sunday 5/30/2021, and executed today the details
Amount Total sale for purposes of enhancing funds abroad (transfers, credits)
170,912,134 Total cash sale 24,300,000 Total sales 195,212,134
Note that: The sale price of the sums transferred to bank accounts abroad is ( 1460 ) dinars per dollar.
The cash sale price is ( 1460 ) dinars per dollar. cbi.iq/currency_auction/view/1033
butterfly Saudi newspaper: The United Nations called on Al-Kazemi to resign
12:58 – 30/05/2021 Saudi newspaper - The United Nations called on Al-Kazemi to resign The Information/Baghdad..
The Saudi newspaper, Asharq Al-Awsat , revealed, on Sunday, that the United Nations envoy to Iraq, Jenin Plasschaert, called on Prime Minister Mustafa Al-Kazemi to resign from his position.
And the newspaper said, in a report seen by “The Information”, that “Blaschart did not deny the request of an Iraqi official to submit his resignation, in reference to Prime Minister Mustafa Al-Kazemi.”
The newspaper quoted a government official as saying that “the recent Blackshart meetings took place without coordination with the Iraqi government, and they included high-ranking military leaders, who are directly related to the events of May 26.”
The official pointed out that the Iraqi government “demanded the head of the mission for explanations about the legal context in which these meetings took place, especially as they coincided with incidents that threatened the country’s sovereignty.” finished/25 almaalomah.org
Dave wonder who would be here tomorrow if they Rved today?
butterfly Parliamentary Finance is surprised by government proceduralists that touch on some paragraphs of the budget
Sunday 30 May 2021 | 02:00 PM Parliamentary Finance is surprised by government proceduralists that touch on some paragraphs of the budgetOn Sunday, the Parliamentary Finance Committee expressed its astonishment at an appeal submitted by the Iraqi government in some paragraphs of the federal general budget .
And she said in a statement, that she “is surprised by the appeal submitted by the government in some paragraphs of the budget that will deprive the oil-producing provinces of their petrodollar allocations, after the Finance Committee added a paragraph in the budget that guarantees the rights of these provinces .”
She added that she “is also surprised by the government’s rejection of the parliament’s decision to increase the purchase prices of wheat, barley and rye crops from farmers,” noting that it “included this paragraph in the budget in support of farmers and the advancement of the agricultural sector.” aynaliraqnews.com
butterfly Dave LOL we will still be here tomorrow lol
butterfly A proposal to raise the exchange rate of the dollar against the Iraqi dinar again
Sunday 30 May 2021 | 04:28 PM A proposal to raise the exchange rate of the dollar against the Iraqi dinar againAn informed source revealed, on Sunday, a proposal that had been circulated to raise the exchange rate of the dollar against the dinar again. The source said, “There are deliberations regarding a new increase in the price of the dollar, to become 1553 dinars per dollar.”
He added, “This proposal has been used as compensation for imposing an income tax on employees and also for practicing some professions.” He pointed out, “The proposal, if implemented, will save about 3 trillion dinars for the state treasury.” During the last period, deputies noted the possibility of raising the dollar, but the Ministry of Finance confirmed that there is no increase in the exchange rate. It is noteworthy that the Ministry of Finance decided at the end of last year to raise the exchange rate of the dollar to 1445 dinars against the dollar, which sparked widespread controversy in the country. aynaliraqnews.com
butterfly Parliamentary Finance reveals the reason for the high exchange rate of the dollar in Iraq
Sunday 30 May 2021 | 01:08 PM Parliamentary Finance reveals the reason for the high exchange rate of the dollar in IraqOn Sunday (May 30, 2021) the Parliamentary Finance Committee revealed the reason for the high exchange rate of the dollar against the Iraqi dinar in banking .
Committee member Jamal Cougar said, “This increase is normal, because the Ministry of Finance sells dollars to the Central Bank of Iraq for (1450), and the Central Bank sells to (42) banks by adding (10) numbers, and these banks sell to local banks also with an addition of (10) ) Numbers, and then the circulation between the citizen and the local exchange, adding some numbers to them, and this is why we find that the increase is normal . ”
Cougar believed that “the great fear of a large increase in the exchange rates of the dollar against the Iraqi dinar is not true, and it is very unlikely, especially because there is control by the competent government agencies over the exchange rate in the Iraqi markets, and that is why there is no fear of any significant rise in the Dollar exchange rates . ”
It is noteworthy that the exchange rates of the dollar increased slightly during the past days, approaching 150 thousand dinars per 100 US dollars, despite the Iraqi Central Bank specifying 11450 dinars per dollar, or 145 thousand dinars per 100 dollars. aynaliraqnews.com
Sheila Dave I would come back into chat... just to talk to NORV. (Kaperoni) lolol
Dave hehe......
Dave It is noteworthy that the exchange rates of the dollar increased slightly during the past days, approaching 150 thousand dinars per 100 US dollars, despite the Iraqi Central Bank specifying 11450 dinars per dollar, or 145 thousand dinars per 100 dollars
Dave ???? typo!!???
Sheila Dave Today would be good, yet June 1 would be exciting, too.
Dave any day works fer me!
Sheila Dave every day - one step closer
Dave wish fer larger steps......
sheila Dave I'm a little bitty short woman... doing the best I can. lolol
butterfly 2021-05-30 11:33 Shafaq News / The General Secretariat of the Council of Ministers announced today a substantial progress in stalled projects in Baghdad and other provinces.
In a statement, the Secretariat mentioned that the Committee relevant to the file has benefited from great support and prerogatives allowing it to determine the most important obstacles faced by the Iraqi investment file and that this was achieved through continuous meetings in order to overcome bureaucracy, which allowed it to find appropriate solutions.
According to the statement, the Committee held 107 sessions, during which it issued 777 recommendations and guidelines based on high-quality professionalism. This has allowed the realization of progress in 444 stalled projects after the managerial, technical, and financial issues were resolved.
The Committee tackled projects spanning over the residential, commercial, touristic, industrial, health, and educational sectors, 153 of which are in Baghdad and 291 of which are distributed over other provinces.
The Committee said, "the most important obstacles facing the investment file in Iraq, despite the exceptional circumstances that the country has witnessed, such as the COVID-19 pandemic and the reduction in the working hours of employees in official institutions, and has worked on continuous communication with the general managers in the relevant departments, to resolve the issues radically, based on recommendations and directives issued by the Committee.
Dave sheila The fastest organism on earth, relative to its body length, is the Southern Californian mite, Paratarsotomus macropalpis, which has a speed of 322 body lengths per second. The equivalent speed for a human, running as fast as this mite, would be 1,300 mph (2,092 km/h).
Zig sheila : One step closer...Ya know that at times it is possible to take one step back....lol....that is Zig the pessimist speaking....
butterfly 2021-05-28 12:30 Shafaq News/ The WHO’s European director warned on Friday that the Covid-19 pandemic won’t be over until at least 70 percent of people are vaccinated, while deploring that the vaccine rollout in Europe is still “too slow.”
“The pandemic will be over once we reach 70 percent minimum coverage in vaccination,” the World Health Organization’s regional director for Europe Hans Kluge told AFP in an interview.
Kluge also said that one of his main worries was the increased contagiousness of new variants of the novel coronavirus.
“We know for example that the B.1617 (Indian variant) is more transmissible than the B.117 (British variant), which already was more transmissible than the previous strain,” Kluge said.
According to the Belgian doctor, speed is “of essence” in pandemic.
“Even when WHO declared a pandemic, many countries were still waiting, we lost valuable time.”
While the regional director, who has held the position since February 2020, lauded calls for solidarity he stressed that a speedy rollout of vaccines was of the utmost importance.
“Our best friend is speed, the time is working against us, the vaccination roll-out still goes too slow,” Kluge said.
“We need to accelerate; we need to enlarge the number of vaccines.”
In the 53 countries and territories that make up the WHO’s European region -- including several in Central Asia -- 26 percent of the population has received a first dose of a Covid-19 vaccine.
In the European Union, 36.6 percent of the population has received at least one dose, according to a count by AFP. Source: AFP
Sheila Zig That's good for perspective. Allows broader look at things.
Zig Dave : I will keep the room open so you can all brag about being filthy rich and what you have purchased :Wheel barrow: And of course what charities you are supporting...
Sheila Zig Good to know you will be here.
butterfly Bitcoin slumps 7% as investors brace for another bouncy weekend
Digital tokens took a hit on Friday as a growing list of central bankers expressed concerns about their usefulness.................................. https://www.aljazeera.com/economy/2021/5/28/bitcoin-slumps-7-as-investors-brace-for-another-bouncy-weekend
Dave would Kap Sam i Am SandyF???
Zig butterfly : There are people who became very rich with Bitcoin by jumping in on a friend's suggestion....No, I have none....lol
butterfly Zig Hopefully I will still be alive and enjoy all the pleasure, but if not, my family will say, what the * is this currency, but I will leave a note telling them to take over "the wait period".
butterfly Zig If I can feel my investment......ain't gonna purchase any of it. Same as with the stock market.....ain't gonna waste my time.
Dave Had mentioned IQD yrs and yrs ago....they.thought that I was brain damaged
butterfly "not" to be inserted......
Zig sheila : Do you have any Bitcoin? And how's your book coming along?
Zig @NORV (Kaperoni) is close to publishing a mystery novel....true....he is multi-talented....lol
Sheila Zig No, not planning on Bitcoin... metals and land
Zig sheila : As I have told you, we go back a long time starting when I invited him to come to the other chat....Yes, he is polarizing to say the least....but interesting as well IMO....this investment contains many very opinionated people if you have noticed.....lol
Butterfly Trade announces withholding the ration items from doctors, pharmacists and importers
Sunday 30, May 2021 19:37..........The Ministry of Trade announced, on Sunday, the date of withholding the ration card items from doctors, pharmacists and importers.
"The decision to withhold the ration card for some names and addresses has been determined by the Council of Ministers," the ministry’s spokesman, Muhammad Hanoun, said in a statement, announcing that it would start work on the first of next June.
He added, "The categories from which the ration card will be withheld are doctors, pharmacists and the Federation of Chambers of Commerce."
Hanoun pointed to "high coordination with all ministries and agencies for the purpose of blocking the card, for employees whose salaries exceed one million and 500 thousand dinars, and they are (800-900) thousand employees."
butterfly Iraqi activists worry about election security
Some parties that grew out of the October protests have withdrawn candidates from the upcoming parliamentary elections over security concerns.
butterfly May 30, 2021 Activists and youth groups that joined the political sphere in Iraq over the past few months have spoken of the risk of assassination they face because of their decision to run in the parliamentary elections scheduled for October 10 of this year.
The threats and assassinations have prompted them to back out of the elections. This, in turn, has pressured Iraq’s political leadership to acknowledge the presence of armed danger.
On May 20, Iraqi President Barham Salih stressed the need for a safe environment for early parliamentary elections and called for holding the killers of activists and journalists accountable.
Salih's remarks came after nearly 22 parties and grassroots movements withdrew and planned to boycott the elections, Al-Monitor learned. The parties and movements have yet to officially notify the electoral commission of their withdrawal.
Saeed Jassani, an activist from Wasit province south of Baghdad, announced his withdrawal from the elections due to threats he received and also because he was denied access to his area and the right to hang up campaign photos, he said.
Candidates felt an increased threat of assassination following the killing of Ehab al-Wazni, a prominent activist in Karbala province, on May 9. Some political blocs began to sense the danger of assassinations that could target independent or moderate candidates competing against financially and politically influential parties or armed groups in the near future.
butterfly On May 9, Iraqi cleric Ammar al-Hakim, head of the Iraqioun parliamentary bloc, called on members of his bloc “to summon security leaders so as to learn what steps they have taken to identify those involved in the kidnapping and assassination of activists and media professionals.”
Following Hakim's call, former Iraqi Prime Minister Haider al-Abadi warned against “declining electoral security indicators,” in a clear reference to the withdrawal of candidates from parties and groups that were formed in the wake of the October protests.
Hussein al-Gharabi, founder of al-Beit al-Watani (National Home) Party, which was born out of the protests, said, “Prior to Wazani’s killing, we indicated that democratic elections should be held based on electoral justice and in a safe electoral atmosphere. We will not give legitimacy to a regime at a time when the government did not identify the killers of activists and protesters.”
Speaking to Al-Monitor, he said Wazani's assassination wass the moment they decided to boycott the entire political regime and not just the elections.
The electoral boycott is not only limited to parties that formed after the protests. Secular parties, such as the Iraqi Communist Party and the People's Party for Reform, and other legislative forces, such as the Iraqi Union for Labor and Rights and the al-Bina bloc, also are boycotting the vote.
Jassem al-Halfi, a top official of the Iraqi Communist Party, said “the assassination of activists and the spread of arms — which the official security services are unable to control — are in and of themselves an indication that there is no safe environment for the elections.”
butterfly Iraqi politicians said a number of candidates were threatened with assassination if they did not withdraw from the elections. These are mostly independents who decided to run in the elections either independently or on lists of parties that sprung from the protests.
Speaking to Al-Monitor, Abbas al-Anbori, head of the Rewaq Baghdad Center for Public Policy, did not deny that the parties that grew out of the protests were subjected to assassinations and pressure. However he believes the threat of assassination is not the reason behind the withdrawals.
He said, “The nature of the withdrawals were based on the new parties’ belief that the requirements are too many and that they cannot compete with the large parties that have a lot of money, more experience and popularity. That is why they decided to [withdraw].”
The withdrawal of secular forces — as well groups that grew out of the protests — means protests will be back in full swing in the coming period. These young people did not find hope in the constitutional and democratic mechanism — specifically via the ballot boxes.
These groups and activists will resume activity in the squares to impose themselves on the ground. They believe that none of their demands have been fulfilled. Even when it comes to the demand for holding early elections, the insecure and unstable environment does not allow for fair and just elections, they say.
Meanwhile, the Independent High Electoral Commission of Iraq — the body charged with overseeing the parliamentary vote — has rejected attempts by candidates to withdraw from the polls. In the commission’s view, parties that submitted candidacies are not entitled to withdraw them, in accordance with the electoral law of 2020.
butterfly On May 9, liberal parliament member Faig al-Sheakh tweeted, “Following the assassination of martyr Ehab al-Wazani, I withdraw from the parliamentary elections and call on the secular forces and the October revolutionaries to withdraw and get ready for the revolution against Iran and its dirty militias in the coming months. The only option we have is to overthrow the system of criminal killers.”
The al-Beit al-Iraqi (Iraqi Home) bloc took the same step of boycotting the elections after Wazani’s assassination. It also announced it would call on others to boycott as well.
Yet while the withdrawals will affect neither the elections’ legitimacy nor their recognition at the international level, they will widen the gap between the people and the political regime.
butterfly https://www.al-monitor.com/originals/2021/05/iraqi-activists-worry-about-election-security
Dave postpone and delay......;.Status Quo........
sheila Dave theater, theater, theater
Dave immunity........immunity immunity……. recollect when Mailki missed impeachment by 1 vote......Talabani was the spoiler…. fast forward 11 yrs........
Zig sheila : The mysterious @TWW was in the room briefly and then vanished....without a peep :Think:
Sheila Zig He got connected and may be under nda. Probably won't see or hear from him until post RV.
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 Early Sunday AM 5-30-21
.Zig’s Place Chat and News Early Sunday AM 5-30-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
butterfly Iraq's ports soon finish constructing the longest oil berth in its history
Saturday 29, May 2021 22:56 |......Technical and engineering cadres in the General Company for Ports of Iraq have finished pouring the last section of the longest oil berth in Khor Al-Zubair port, which is 340 meters long.
The director of the General Company for Iraq Ports Farhan Muhaisen Al-Fartousi said in a press statement, "For the purpose of developing and modernizing the company's berths, casting the last section of the longest oil berth in the history of the ports has been completed." High safety and security. "
Zig’s Place Chat and News Early Sunday AM 5-30-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
butterfly Iraq's ports soon finish constructing the longest oil berth in its history
Saturday 29, May 2021 22:56 |......Technical and engineering cadres in the General Company for Ports of Iraq have finished pouring the last section of the longest oil berth in Khor Al-Zubair port, which is 340 meters long.
The director of the General Company for Iraq Ports Farhan Muhaisen Al-Fartousi said in a press statement, "For the purpose of developing and modernizing the company's berths, casting the last section of the longest oil berth in the history of the ports has been completed." High safety and security. "
Al-Fartousi confirmed that "this berth is being worked on by the Japanese company, Mitsubishi, and its subcontractor, the Turkish Galk Company, and it is among the Japanese loan projects funded by the Japanese International Cooperation Agency (JICA).
In turn, the project manager, Engineer Muntadhar Abdul Razzaq Kata'a, stated that “the pavement surface has been completely completed and what remains is to complete the erection of the loading arms, firefighting equipment, fountains and other final works.” /is over.
butterfly The World Bank will release tomorrow the report on human development reform in Iraq
Sunday 30, May 2021 09:43............The World Bank in Iraq, on Monday, will release the official special report (Human Development in Iraq - Review of the General Agreement), which will discuss the government's response to address deficiencies in human capital indicators within the framework of a reform road map for Iraq, with the participation of a number of decision-makers and experts. Iraqis, foreigners and high-profile personalities.
The head of the World Bank office in Iraq, Ramzi Numan, said in a press statement that: The World Bank in Iraq officially launches tomorrow, Monday, the report "Human Development in Iraq - Review of the General Agreement", in the capital, Baghdad.
He added that: The launch ceremony will include a presentation on human capital development, as well as an overview of the human capital situation in Iraq and aspects of public spending on vital human development sectors, and a discussion of the Iraqi government's response to address deficiencies in the formation of human capital, in addition to a discussion The road map towards structural reforms to review the human development model in the education and health sectors within specialized sessions.
butterfly He pointed out that: The report launching conference will be attended by the ministers of planning, education, higher education and scientific research, the Deputy Minister of Health, the Deputy Special Representative of the Secretary-General of the United Nations and the Coordinator of Humanitarian Affairs, Arina Vujakova Soler, the Director of the Human Development Program in the Middle East and North Africa Division, and the Regional Director of the Levant Division The World Bank Group, Saruj Kumar Jha, in addition to representatives of the Ministry of Finance and a large group of specialists.
Sparky ... that's new, a committee to form a committee, to seat the committee ...
butterfly General Electric reveals the need for Iraq to enhance its capabilities in producing electrical energy
Sunday 30, May 2021 09:48...........The global company, General Electric, specializing in the fields of energy, aviation and health (GE) revealed the need for Iraq to enhance its capabilities in producing electric energy.
Rashid Al-Janabi, CEO of General Electric in Iraq, told the Iraqi National News Agency / NINA /: Iraq is facing at the current stage a major challenge in energy resources, but there are many qualified solutions to address this shortage, and GE has innovative and reliable technologies to contribute to filling The gap within the Iraqi energy sector and that these solutions support the plan drawn up by the Iraqi government to improve the electricity situation in the country.
He explained that what is currently needed by Iraq is located within the multiple paths hubs, including: adding energy to the national grid through the development and construction of new plants, and improve operations and performance of the current terminals used for power generation, enhance the performance and stability of the electricity network national. "
He noted that he can convert power plants Which operates today on the simple cycle to the combined cycle to enhance its production capacity by up to 50% without the need to use additional fuel or increase its emissions, and an example of this is the Basmajah station, which operates in combined cycle with General Electric units, and it is the largest and most efficient power station today in Iraq, pointing to That Iraq can benefit from natural gas imports and converting it to fuel for the production of electricity by building giant stations and using dozens of HA-type gas turbines manufactured by General Electric, which are the most efficient in the world to meet the future energy need in Iraq.
butterfly Al-Janabi explained that the maintenance and maintenance of what is produced in Iraq today, and the repair and service operations in electric power generation stations throughout Iraq, can bear fruit in maintaining the supply of more than 8 thousand megawatts of electrical energy, to meet the peak demand during the summer season.
On strengthening the electric power transmission network in Iraq, Al-Janabi said: It is possible to strengthen the Iraqi power transmission network by building secondary stations that contribute to opening bottlenecks, especially in densely populated areas, in addition to transferring the produced energy from the stations to cities and governorates, and we are also working to connect The network, with the Kingdom of Jordan, in a step that will contribute significantly to removing the pressure placed on the network and providing electric power according to the highest levels of reliability.
He stressed that GE Company is fully prepared to support Iraq in providing the necessary funding to build strategic projects to cover its need of electrical energy resources, and our financing capacity depends on our global expertise and on our solid relations with export insurance agencies in several countries around the world, as well as with major institutions. Finance, as we have already, in cooperation with the Iraqi Ministry of Finance, secured financing for several important projects in the energy sector, with a value of more than two billion US dollars.
butterfly He added that among the immediate solutions that can be quickly utilized is the installation of TM2500 mobile units in the oil fields to benefit from the gas associated with the production of electric power and for a period not exceeding several months to produce hundreds of megawatts that the national network needs greatly and ending the phenomenon of burning associated gas, which affects our environment in Iraq largely.
And on the possibility of establishing installed stations in different regions of Iraq, Al-Janabi said: The HA technology developed by General Electric is the largest and fastest growing gas turbine in the world, and contributed to achieving two world records in terms of energy generation efficiency.
Greater energy, without the need for extra fuel. An important example of these giant H type turbines is in the United Arab Emirates, where GE is building the Hamriyah plant and installing three H type turbines to produce 1,800 mikaws.
Regarding the impact of the Corona pandemic on the company's work in some stations and projects completed during the past six months, Al-Janabi explained that General Electric started a few months ago to form a working team in coordination with the Ministry of Electricity and the concerned departments to facilitate work even in times of curfew, pointing to the two projects of Samawah and Dhi Qar stations completed from Before the company, work continued despite the challenges, especially the Corona epidemic, as the highest health standards were taken to ensure the safety of employees and partners, and the first phase of the Samawah power plant with a capacity of 500 megawatts and the Dhi Qar power station with a capacity of 500 megawatts were completed and delivered to the Ministry of Electricity.
butterfly He pointed out that the company's staff have reached the final steps to complete the Zubair station, which will add 700 megawatts of electric power, in addition to that work is still underway on expanding Basmajah power station in Baghdad to introduce an additional 1,500 megawatts to reach the largest 4,500 megawatts in Iraq.
Al-Janabi stressed that the company is also working on supporting the national grid for electricity transmission to open bottlenecks and deliver the produced electricity to Iraqi cities and governorates, as GE has completed four transfer stations, two of them in Baghdad and two in Karbala.
Regarding the possibility of establishing electrical and secondary stations in the liberated areas such as Mosul, Anbar and Salah al-Din, Al-Janabi said: Work is underway to build secondary stations in Mosul and Salah al-Din to support the stability of the network in these areas after it was damaged, noting that GE was one of the first companies to enter the liberated areas.
Sparky butterfly ... GE first one in, first one out ... go figure .... hard to get money OUT of Iraq ...
butterfly The Saudi Fund for Development grants a 5-year financing line for the National Bank of Iraq
Sunday 30, May 2021 12:20 .........The Saudi Fund for Development signed a revolving financing line agreement worth 10 million dollars with the Iraqi National Bank of the Capital Bank Group for a period of 5 years, in the Jordanian capital, Amman.
The agreement was signed by the CEO of the Saudi Fund for Development, Sultan bin Abdul Rahman Al-Morshed, and the Chairman of the Capital Bank Group in the
name of Khalil Al-Salem, in the presence of a number of senior employees from both sides. And in the presence of the Iraqi ambassador to Amman, Haider Al-Athari, and the Director General of the Investment Department, Dr. Mazen Sabah Ahmad, representing the Central Bank of Iraq.
Under the agreement, the Saudi Fund for Development will grant the National Bank of Iraq a revolving financing line of $ 10 million to import various goods and services of Saudi origin for the benefit of the bank’s clients from companies importing these goods and services, with a financing rate of 100% of their value, and a payment period of up to 36 months, depending on the type of imports. And the nature of the process.
butterfly Following the signing of the agreement, the Chairman of the Capital Bank Group, Basem Khalil Al-Salem, expressed his appreciation for the efforts made by the Saudi Fund for Development by supporting and financing development projects in Iraq and stimulating trade relations between the two brotherly countries, noting that the role of the fund reflects the historical orientations of the Kingdom of Saudi Arabia and its continuous support. To march joint Arab action and contribute to achieving Arab economic integration.
Al-Salem added: This agreement will undoubtedly contribute to increasing trade exchange between Iraq and Saudi Arabia by providing credit facilities to importers to import Saudi products and services of high quality at competitive prices to the Iraqi market.
Sparky ... too many pockets to line ...
butterfly He added that the agreement will activate the transport operations between the two countries in addition to its effective contribution to stimulating the financial and commercial sectors.
For his part, the CEO of the Saudi Fund for Development, Sultan bin Abdul Rahman Al-Murshid, affirmed that this agreement comes as a confirmation of the brotherhood bonds between the Kingdom of Saudi Arabia and the Republic of Iraq and a desire to enhance cooperation between them in various fields.
He added that this agreement comes within what has been allocated by the Kingdom's government to support the reconstruction and development in Iraq, which exceeds the sum of (1.5) billion US dollars, as it is consistent with the objectives of the fund to diversify sources of national income and increase the volume of non-oil exports of goods and services of Saudi origin.
butterfly He indicated that the agreement will open new markets for Saudi producers to promote their goods and products, which are distinguished by their high quality and distinctive prices.
butterfly Salam Al-Shammari: We will stand against the government's appeal to the budget clause for the agricultural sector
Sunday 30, May 2021 14:02...........The head of the Parliamentary Committee on Agriculture, Water and Marshlands, Salam Al-Shammari, affirmed that the committee stands against the government's appeal to the budgetary provision for the agricultural sector.
Al-Shammari said in a press release: "Agricultural production has witnessed a remarkable increase during the last period, especially in strategic crops (wheat, barley and rice), which require support in order to reach higher levels of production.
He added, "The government's appeal to the clause increasing the price of buying strategic crops from farmers in the budget does not serve the agricultural reality, and it must withdraw this appeal, which will affect the farmers 'and farmers' appetite to continue cultivating these crops."
He explained: "The agricultural sector is in dire and continuous need for government support, especially in light of these conditions in which the country is going through, and the failure to take decisions that harm this sector, present and in the future."
The Parliamentary Finance Committee had expressed its surprise at the government's rejection of the House of Representatives decision to increase the prices of buying wheat, barley and rice crops from farmers, as the Finance Committee included this paragraph in the budget.
Sparky ... also distinguished by their Iranian hatred . did T's arm's deal go through ? Saudi will be his safe haven
butterfly Commencing implementation of a project linking Najaf Governorate directly to the national electricity grid
Sunday 30, May 2021 15:36............The governor of Najaf Al Ashraf, Louai Al-Yasiri, announced the direct implementation of the 400-kv project, in Al-Haidariya district, to connect it to the national electric power grid.
Al-Yasiri said during his inspection of the project, accompanied by the director of the power transmission network, that "the project is one of the important and strategic projects in Najaf and will support the electricity sector greatly, as it will make the governorate directly linked to the national network instead of its current position as a final link," noting: "The project will enter service Mid-August next. "
He added, "The project will increase the electrical reliability of the governorate by linking it to the main national grid with high pressure by linking the central Euphrates governorates with each other, as Najaf Governorate will be a load center between the governorates."
The governor explained: "The project is the first dual-circuit 400 kv line connecting the Euphrates governorates, which will positively affect the increase in electrical capacity and supply rates for the governorate." ./is over
Sparky ... finally stop buying electricity from Iran ?
butterfly Rouhani fired the governor of the Central Bank of Iran for his insistence on running for the presidential elections
Sunday 30, May 2021 12:01.........Iranian President Hassan Rouhani dismissed today, Sunday, the Governor of the Central Bank, Abdel Nasser Hemmati, due to his insistence on staying in the presidential election race scheduled for the 18th of next month.
The state news agency, Joan, of the State Radio and Television Corporation, reported that Rouhani sacked Abdel Nasser Humati and replaced him, Hamid Pour Mohammadi, the economic deputy of the Budget Preparation Authority.
Rouhani had threatened several days ago to dismiss him from the post of central bank governor if he continued to run in the presidential election race.
Sparky ... " The Project" funds have been stolen for two decades ...
butterfly Hisham Al-Suhail: Not holding the elections as scheduled will lead us to talk about the emergency government
Sunday 30, May 2021 09:39,,,,,,,,Member of Parliament Hisham Al-Suhail affirmed that the current situation does not necessitate that some seek to demand an emergency government.
He told the Iraqi National News Agency ( NINA ) that: The challenges the country is witnessing require the government to strive more to strengthen the security, intelligence and military side to eliminate terrorism and curb organized crimes.
Al-Suhail added that: If the parliamentary session ends and elections are not held, it is possible to talk about an emergency government.
butterfly Al-Maliki confirms the failure of the attempt by some to drag the popular crowd into a collision with some types of the armed forces
Sunday 30, May 2021 13:05........The head of the State of Law coalition, Nouri al-Maliki, affirmed that the attempt by some to drag the popular crowd into collision with some types of armed forces had failed.
In his tweet today, he warned the armed forces of the owners of sedition and intrigue, calling them to be one line up with their brothers and the crowd as they are always on the battlefield.
Sparky butterfly ... sounds like a page out of Trumps book ...
butterfly 2021-05-30 04:18 Shafaq News/ The Central Bank of Iraq (CBI) sales of Foreign currency jumped on Sunday by 27.67%.
Shafaq News Agency correspondent said that the CBI sales at the Foreign currency auction jumped to $195,212, 134 at a cut-off price of 1460 dinars, compared to 152,899,152 on Thursday.
Our correspondent explained that 17 banks and 11 banking companies cashed $24.3 million, while $170,912,134 went to boost funds abroad in the form of transfers and credits, with 30 banks meeting those requests.
butterfly 2021-05-30 02:48 Shafaq News/ The Dinar/Dollar exchange rates dropped in Baghdad and Erbil today.
Shafaq News Agency correspondent said that Al-Kifah and al-Harithiya Central Exchanges are trading the 100 US dollar at 149150 Iraqi Dinars.
Our correspondent added that today's selling and buying prices in the local markets reached 149500 and 148500 dinars per 100 dollars.
In Erbil, the US buying and selling prices reached 149200 and 149000, respectively.
Sparky ... do you folks recognize the irony ...
butterfly 2021-05-30 07:59 Shafaq News / Former MP Vian Dakhil revealed on Sunday that many ISIS families coming from al-Jadaa camp have infiltrated the country after they were transferred from al-Hol camp in Syria.
Dakhil said in a statement, "How will the government justify how six ISIS families infiltrated the Iraqi-Syrian borders in broad daylight and in the presence of such numerous Security Forces and how will it give us their names and the names of their fathers and their ties to any direction that they have taken, knowing that of the hundreds family being transferred to al-Jadaa camp only 94 made it to their final destination."
She added, "Can the government guarantee to us that such an instance will not reoccur and that ISIS militants inside Iraq will not be able to communicate with their families who have made it safe, sound and dignified to al-Jadaa camp?", revealing that this incident resulted in around 6000 individuals belonging to ISIS and still active in the terrorist organization roaming freely in Iraq.
The former MP demanded that the transfer operation be stopped immediately and that proper explanations be given to the Iraqi public opinion.
butterfly Sparky the blind can't see what is happening right in their own families. I totally ignore what they refuse to see. I won't hit my head against the wall any longer on the stupidity of some. As I've stated over and over, we, the USA are #26 in the WORLD of education.
Sparky ... Maliki, Putin, Trump ...
Sparky butterfly ... I hear ya girl ...
butterfly 2021-05-30 07:43 Shafaq News / The Parliamentary Financial Committee expressed on Sunday its surprise at an appeal submitted by the Iraqi government against some items of the general federal budget.
The Committee said in a statement, "We are very surprised by the appeal submitted by the government against some items of the budget law, which would deprive some oil producing governorates of their share of petrodollars, after the financial committee had added an item to protect them."
It added, "We are surprised by the government's refusal of the Parliamentary decision to increase the purchase prices of wheat, barley and milkweed crops from farmers, as this item was added in a bid to support farmers and promote the agricultural sector. "
On May 17th, the General Secretariat of the Iraqi Council of Ministers officially announced its appeal against some of the budget items, and requested that the federal government issues an order against them.
In early February, the Iraqi Parliament had approved the country's financial budget for the year 2021, with a total expenditure of 129 trillion dinars, and a deficit of 28 trillion dinars.
Revenues from exporting crude oil had also been calculated on the basis of an average price of $ 45 a barrel, and an export rate of 3.250 million barrels per day.
Sparky butterfly ... stupid is, as stupid does ...
butterfly 2021-05-30 05:38 Shafaq News/ The Commander of Baghdad's emergency police, Abdul Karim Ismail, was relieved from his duties and referred to the Ministry of Interior, a source revealed today, Sunday.
The source said that the dismissal order was issued after an audio clip of him issuing an order to open a closed checkpoint in Baghdad only for a woman and a security officer went viral.
butterfly Sparky People refuse to educate themselves, they would rather have someone tell them when they can ………… …..
Sparky ... scary country, friendly world ...
butterfly 2021-05-30 05:20 Shafaq News / Nouri al-Maliki, the leader of the State of Law Coalition, accused on Sunday some parties he did not name of trying to drag al-Hashd al-Shaabi (Popular Mobilization Forces-PMF) into clashes with the Armed Forces following the unrest caused by the arrest of the Operations commander of the PMF in al-Anbar, Qassem Musleh.
Al-Maliki tweeted today, "Today, some attempted, and failed, to drag the PMF into clashes with the Armed Forces because these heroic fighters have dedicated their blood to the liberation of the land and its people, according to the law."
He added, "Our Armed Forces should beware of stirrers of sedition and intrigue, and remain a unified front with the PMF, just as they have always been on the battlefield."
Tensions mounted in Iraq's capital after the arrest of PMF's Operations commander in al-Anbar on terrorism charges, prompting a dangerous showdown by the detainee's paramilitary supporters and the Iraqi government.
The confrontation began on Wednesday after Iraqi security forces arrested at dawn Qassim Mahmoud Musleh pursuant to a judicial investigation and arrest warrant over terrorism charges, Iraq's military said in a statement. The statement said he was being questioned by a joint investigative committee.
Tensions reached a fever pitch when Iraqi security forces and the elite Counter-Terrorism Service were deployed to protect the government and diplomatic missions, sparking fears of violence. Some armed PMF factions gathered around the Green Zone's entrance gates.
The presence of the PMF inside the seat of Iraq's government was considered by some senior Iraqi government officials as a way to pressure al-Kadhimi to release Musleh.
butterfly The prime minister described the show of force as “a serious violation of the Iraqi constitution and the laws in force," adding in a statement, “we have directed an immediate investigation into these movements.”
Al-Kadhimi later held a meeting with senior Shiite political leaders who hold away over the PMF. The premier also ordered the formation of an investigative committee comprised of intelligence from both defense and interior ministries and the PMF security and National Security.
Sparky ... we used to be a leader, not only in education, but also morality ...
butterfly Sparky that is gone and will take decades to get it back, if ever.
butterfly 2021-05-30 04:08 Shafaq News / The Parliamentary Oil and Energy Committee revealed that the Federal Supreme Court requested amending the National Oil Company’s law.
Committee member Ghalib Muhammad told Shafaq News agency that the Parliamentary Oil and Energy Committee will amend seven articles of the National Oil Company Law, upon a request from the Federal Supreme Court, noting that the amendment will be for technical reasons related to the company's foundations, reasons of formation, financing and revenues."
Mohammed added, "The Parliamentary Oil and Energy Committee will host, next Wednesday, the National Supervisory Authority, in addition to several parliament members to discuss the items that will be amended in the National Oil Company Law."
"The Parliament will finish the first and second reading and vote on amending the National Oil Company Law before the end of the session."
butterfly 2021-05-30 03:38 Shafaq News / Iraq ranked sixth as the happiest country in the Middle East during 2021, according to the Global Finance magazine.
As by the report, people living in Middle Eastern countries tend to be either very happy or very unhappy.
The 2021 World Happiness Report paints a picture of extremes in the Middle East region: on one hand, some very rich and quite content nations, and on the other, some nations so unhappy that they are either buried at the bottom of the ranking (Yemen) or entirely excluded (Syria, for which no evaluation is provided), according to the report.
"War is probably the single worst ingredient for human happiness and the report has pointed out countless times over the years that wealth in and of itself doesn’t do the trick either. Along with income, social support in times of need, healthy life expectancy, absence of corruption in government, freedom to make life choices and generosity towards others are the other key variables that the researchers of the Sustainable Development Solutions Network of the United Nations use in their report to assess life satisfaction", it pointed out.
However, a balance of all these factors provides a better shot at overall happiness than only a few good ones to the detriment of the others and it is that balance that many Middle Eastern nations lack, as by the report.
butterfly Turkey appoints New Ambassador to Baghdad......30th May 2021........Iraqi Foreign Minister, H.E. Mr. Fuad Hussein, received a copy of credentials of H.E. Mr. Ali Rıza Güney, the new Turkish ambassador to Iraq at the ministry's headquarters this week.
Mr. Hussien affirmed the ministry's readiness to fully support the ambassador to succeed in his duties, wished him success, and emphasized the importance of coordination and activation of common interests and facing challenges.
Mr. Güney affirmed Turkey's keenness to advance the bilateral relations, and indicated that he would exert all efforts towards better relations between the two countries. (Source: Iraqi Foreign Ministry)
Sparky ... if you work for Iraq's government you will be fine, on the take, but fine ... screw the other folks ... that is Iraqs motto .... 20% control the masses ...... prolly 10% ... I thought I'd make a few bucks in this endeavor, but, sadly I am beginning to think it was all for naught … will take those fools 100 years to get their head …. … … ... by then, the world will work on clean energy, not fossil fuels ...
butterfly I don't know why this made me laugh.....................Iraq imports tomato paste from Turkey, at a value of $ 94 million during the year 2020
05-30-2021..............The Association of Fresh Fruits and Vegetables Exporters in the Aegean Sea announced today, Sunday, that Iraq imported tomato paste from Turkey, at a value of $ 94 million during the year 2020.
The president of the association, Khairuddin Ojak, said in a report that Turkey exported tomato paste, with a value of $ 157 million. To 115 countries during the year 2020. "
He added that "Iraq imported tomato paste, at a value of more than 94 million dollars in 2020," noting that "these exports rose by 92 percent to Germany, which is among the top 5 countries, 26 percent to Saudi Arabia and 11 percent to United State".
"Among the markets that witnessed marginal increases in Turkish tomato paste exports are the Netherlands 192 percent, Malaysia 295 percent, France 189 percent, Israel 74 percent, and Belgium 225 percent," he noted.
Sparky butterfly ... selling to the " breadbasket " ...... olive branches were invented there .... still, they must beat each other for a nickel ...
butterfly They have more important things to speak about but they had to make an article on tomato paste from Turkey.......Lordy Lordy.
Sparky ... Turk's and Kurd's not very friendly ...... perspective, I suppose ...... Saudi versus Iran versus Israel and the USA ..... all USA wants is the oil ...... actually, to run them dry ... we have plenty here ...... we'll be selling water to the ME within 10 years ...... or, the knowledge of how to do it, just as we did with oil ...
Sparky ...those folks are either very stupid, or very greedy ...... it wasn't long ago, we showed them how to extract oil from the ground ... and they're 2000 years old ... we are less than 300 ..... they drop a match in Bagdad, thus initiating the eternal flames of Ebikeneezer ... (sp) ...
Sparky ... on initial investigation, this would seem a logical investment ... but further study indicates corruption will never let it be so ...... petro dollars must end ...... then, the camel jockeys will be vying for a Uber or lyft driver position ...... how rich is rich ?... they have stolen all the countries wealth since Sadam ...
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 5-29-21
Zig’s Place Chat and News Saturday PM 5-29-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Sparky ... I'd love to see Iraq rock and roll ...... in the meantime, we need to search for other prosperous ventures . Sparky ... heard 10 ministers bailed on the SOL ... Maliki's bloc of corruption ...... Iran is still pulling the strings, but, interesting to watch it play out ...... division is sometimes good ...
Sparky ... stem education ... 5/6 ths of folks don't give a ** either way ...
Sparky ... Elon still going to Mars, and Jeff Bezo will retire next week the richest man ...
Sparky ... Bezo bought MGM yesterday ...... race to the the first Trillionaire ...... 1,000,000,000,000 ...
Sparky ... makes me wonder, where fair wages reside ...... leverage, I guess ...
Zig’s Place Chat and News Saturday PM 5-29-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Sparky ... I'd love to see Iraq rock and roll ...... in the meantime, we need to search for other prosperous ventures . Sparky ... heard 10 ministers bailed on the SOL ... Maliki's bloc of corruption ...... Iran is still pulling the strings, but, interesting to watch it play out ...... division is sometimes good ...
Sparky ... stem education ... 5/6 ths of folks don't give a ** either way ...
Sparky ... Elon still going to Mars, and Jeff Bezo will retire next week the richest man ...
Sparky ... Bezo bought MGM yesterday ...... race to the the first Trillionaire ...... 1,000,000,000,000 ...
Sparky ... makes me wonder, where fair wages reside ...... leverage, I guess ...
Sparky ... Dahmler / Chysler makes most of their money off 4X ... imu ... cryptos something to consider, imo ...
sheila Sparky exchange straight into metals and land
Sparky sheila ... sound advice ...... and a weekend at Las Vegas ...... not quite sure which comes first ...
Sparky ... I'll prolly try my luck in Vegas, before the IQD comes in to show ...
sheila Sparky can do both in Las Vegas. Great banks, bullion companies, security and safety covered. Transportation or storage.
Sparky sheila ... I love your optimism ...
Sheila Sparky Vegas is accustomed to foreign currency exchanges.
Sheila Sparky logic, reasoning.
Sparky ... touche ...
Sheila Sparky Billions run through that city annually, just from tourism. Other industries there to support city's capitalism.
NORV lmbo. you two are still believing the BS? There is no RV!
NORV Sparky that is possible
NORV I do agree, if Iraq can find a way to build a diverse private sector economy the dinar could rise substancially
NORV Just go look at Dubai. They build that economy in 10 years to what it is today.
Sparky NORV ... DubaiCoin ...
NORV But alot has to change for Iraq to become a "Dubai."
Sparky ... yea, rid themselves of Iranian influence ...
NORV tribal fighting needs to end, laws need to be put in place and they need to end the crazy corruption.
NORV Sparky yup
NORV Iraq is a mess with potential
Sparky ... I do realize it is Sunni vs Shiite vs Kurd ...
Sparky ... Muslim borders are grey ...
NORV I met a US marine many years ago at a bar who told me many stories about the tribes in Iraq and how they counterfeit currency and spread it among themselves. They don't use banks and as long as the money is kept within nobody cares. That is hard to overcome.
NORV People don't realize what a mess it is over there. To many remote areas that do their own thing.
Sparky ... Iraqi top shelf keep all the proceeds ... Barzani, Maliki, and ...
Sparky ... it;s a shiite show ...
NORV It is going to take years IMO to develop Iraq to a point where everyone is on the same page for growth and success
NORV Well, you take care. Goodnight! :Float:
Sparky NORV ... bye now ...
Sparky ... buy now, not so much ... investing in IQD was yesterday ...... hold, if your confident ...
Sparky ... sell if you don't have the stomach for it ...... prolly take a lil' while to come to fruition ...
Sparky ... nice dream though ... I could buy three $30 scratch tix tomorrow, and make more than anticipated ...
Sparky ... and only cost me $90 and 15 minutes ...... end result maybe similar ...
Sparky ... Iraq has their head up their *...... corruption rules the day ...... sounds like the good ol' ...
Sparky ... anywho, my investment is dropping like a stone ..
Sparky ... I'll never figure those fools out ...... the corrupt machine could make 10 times more if they comply ...
Sparky ... many don't know England controlled Iraq for decades ... sliced off Kuwait ... their southern most ports ... IQD was based on the GBP ... and a sliver of gold ...... was a conquered territory for England ...
Sparky ... and they gave Kuwait away for kicks ...... I'm pretty sure they *up the Tigris and Euphrates ...
xyz @Kaperoni is back with a thudder jejeje :Popcorn:
Sparky xyz ... you know the history of Iraq ?
Sparky ... I'll take your word for it, being researched and all .. ... imo ... it's a Sunni, Shiite, Kurd Muslim shiite show ... Iranian puppet masters .... Iraq is like a little Iran ...... https://youtu.be/bsYp9q3QNaQ ... Hero's ..
xyz Does Z know? Jejeje
Sparky xyz ... the rest of the alphabet ... Google ... emphasis on alpha .. inc ... I bet alpha knows ... all 26 ...
Sparky ... abc ... xyz .... and twenty more ..... the arrangement is the key ...
Sparky ... with syntax, we can all be keyboard warriors ... hahaha syntax ... funny word .... could mean a tax on hookers ...... or, a communication tool ...... if you can differentiate the two ... sometimes hard ...
Sparky ...in my understanding, Iraq would be better off with a higher currency valuation, in order to import goods to help the re-construction ...
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 5-29-21
.Zig’s Place Chat and News Saturday AM 5-29-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
butterfly Memorial Day is an American holiday, observed on the last Monday of May, honoring the men and women who died while serving in the U.S. military. ... Originally known as Decoration Day, it originated in the years following the Civil War and became an official federal holiday in 1971
butterfly Why is it important to celebrate Memorial Day?
Memorial Day commemorates the men and women who died while in the military service of their country, particularly those who died in battle or as a result of wounds sustained in battle. In other words, the purpose of Memorial Day is to memorialize the veterans who made the ultimate sacrifice for their country
Zig’s Place Chat and News Saturday AM 5-29-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
butterfly Memorial Day is an American holiday, observed on the last Monday of May, honoring the men and women who died while serving in the U.S. military. ... Originally known as Decoration Day, it originated in the years following the Civil War and became an official federal holiday in 1971
butterfly Why is it important to celebrate Memorial Day?
Memorial Day commemorates the men and women who died while in the military service of their country, particularly those who died in battle or as a result of wounds sustained in battle. In other words, the purpose of Memorial Day is to memorialize the veterans who made the ultimate sacrifice for their country.
butterfly What is the difference between Memorial Day and Veterans Day?
Memorial Day, which falls on the last Monday in May, honors the men and women who died while serving in the military. ... Veterans Day, observed every November 11, recognizes all who have served in the Armed Forces.
butterfly What Memorial Day means to a veteran?
Memorial Day is, as the name implies, a time to pay respect and honor those who have died either while serving their country, as a result of military service, or after they have finished serving as a retired or separated veteran.
butterfly Is Memorial Day for living veterans?
Memorial Day is also a celebration of military veterans, but the mood is more somber. The occasion is reserved for those who died while serving their country.
butterfly https://www.nbcchicago.com/news/local/5-facts-about-memorial-day-and-meaning/2521561/ 5 Facts About Memorial Day's History and Meaning
Here are some things you may not have known about the county's Memorial Day holiday
butterfly https://www.enterprisepub.com/stories/honor-the-true-meaning-of-memorial-day,40936 Honor the true meaning of Memorial Day ........... Memorial Day is a time to pause, remember, reflect and honor the fallen.
What it isn't is a day to thank a veteran, and many veterans will say as much.
Memorial Day, celebrated the last Monday in May, was set aside to pay tribute to those who died serving in the military.
“Three years after the Civil War ended, on May 5, 1868, the head of an organization of Union veterans — the Grand Army of the Republic (GAR) — established Decoration Day as a time for the nation to decorate the graves of the war dead with flowers,” according to the U.S. Department of Veterans Affairs website. “Maj. Gen. John A. Logan declared that Decoration Day should be observed on May 30. It is believed that date was chosen because flowers would be in bloom all over the country.”
By the end of the 19th century, Memorial Day ceremonies were being held across the country.
After World War I, the day was expanded to honor those who have died in all American wars. In 1971, Memorial Day was declared a national holiday by Congress and placed on the last Monday in May.
Veterans Day, also a federal holiday, is on Nov. 11 and is designated as a day to honor all who have served in the military.
Veterans Day began as Armistice Day to honor the end of World War I, which took place Nov. 11, 1918.
Following both World War II and the Korean War — and at the urging of veterans service organizations — Congress approved legislation on June 1, 1954, to rename the holiday Veterans Day.
It is important to honor all who have served our country. They've made sacrifices and put others above themselves to make sure our freedoms remain.
But Monday is for those who have paid the ultimate sacrifice. Veterans organizations across Washington County are hosting ceremonies to recognize these brave souls.
butterfly This Memorial Day, take the time to to honor the men and women who have died in action.
butterfly ....................I personally feel we should honor our military each and every day, not just on a holiday................As a friend told me, the military should NOT EVER pay for a thing..............and..............he felt the same about the elderly................Unfortunately in this country it has been proven over and over...................we lack that respect.
Doug_W amen
Butterfly PeteV for some reason I have no desire to post articles about Iraq. I know I will change later today, but I think we need to acknowledge our military and elders as I posted above.
PeteV that okay listen to this - its perfect for today: Red Skelton (The Pledge of Allegiance) https://youtu.be/lYSw297IgBY
butterfly PeteV That is sad because I remember hearing him on TV when he did that. OMG I just realized how old I am.
PeteV hehe but hey u are still hanging in there butterfly
PeteV this is cool: John Wayne: The Pledge of Allegiance
PeteV John Wayne: The Pledge of Allegiance https://youtu.be/NVp8uCtwJP0
butterfly I wish more military people would enter the chat room this weekend so we could thank them for their service.
Doug_W butterfly NONE needed
PeteV cleaned by Adblock for Youtube™ Share
Star Spangled Banner As You've Never Heard It https://youtu.be/YaxGNQE5ZLA
butterfly Please don't take this as a political post............but.............I could not have said it any better than this: .
@POTUS to the U.S. military: “You make up 1% of the population. You defend 99% of the rest of us and we owe you.”
PeteV nice butterfly
butterfly Doug_W Sorry but I have told you before, you are wrong..........WE ALL owe every military personnel, does not matter what branch you serve/d, WE ALL need to thank each and everyone of you, even when somethings you guys/gals are a little out of sorts.
Doug_W I am just telling you we DON'T need thanks
butterfly I tell my 20 yr Marine many times THANK YOU............Grams, thanks but it is my job.
PeteV we dont need thanks it was our job and we served proudly
butterfly Argument is over because I won no matter how many times you post it.
Doug_W {BOW}
butterfly PeteV Thank you and you do not want to get me going on thanking you either.
PeteV i accept it with honor butterfly
butterfly PeteV Thank you!
PeteV nice rendition of hallelujah Violinist Surprises her California Neighbors With Balcony Performance during quarantine - Hallelujah https://youtu.be/U8tSjVOOuS0
Sheila PeteV yes, chokes me... grandkids don't know the ones to any patriotic songs for this country. not a clue!
Sheila PeteV don't know the words to patriotic songs
PeteV yeah we as a people have lost a lot sheila
Sheila PeteV if it's not 15 seconds or less, they don't have the focus needed to grasp the depth and meanings of their Constitutional freedoms.
PeteV very true sheila
butterfly sheila When I went up north to be with my grandson, b who flew in from Hawaii to be with his family before he headed out for his last deployment (keeping fingers crossed), I took pictures of him dressed in his blues and all the metals on his uniform, he went to the school where my d-n-l is employed, to teach them about the flag---rising and taking it down---meant. I asked, how did it go, grams OMG the questions, they had NO idea.
Sheila @PeteV @5:30 https://www.youtube.com/watch?v=YaxGNQE5ZLA -- Washington Quote "... the thing that sets the American Christian apart from all other people in the world is he will die on his feet, before he'll live on his knees ..."
Doug_W sheila that used to be true not so sure now tho?
Sheila Doug_W agree... ask those that followed kaepernick. no clue about the historical significance of bowing to knees.
Sheila To Leave Something Behind by Sean Rowe -- https://www.youtube.com/watch?v=mSgnC5eQ5u0
Sheila good thoughts, good words, good actions - all day, every day
Sheila Doug_W trying to leave something behind - something good
Sheila Admiral McRaven One of the Best Motivational Speeches (ever) -- https://www.youtube.com/watch?v=TBuIGBCF9jc
Sheila Heroes by David Bowie (live) -- https://www.youtube.com/watch?v=mSgnC5eQ5u0
Butterfly Prices of international foreign currencies and precious metals in Iraq
2021-05-29 Prices of international foreign currencies and precious metals in IraqInternational foreign exchange rates and precious metals on Saturday.
The price of the dollar against the Iraqi dinar Exchange offices prices:
The selling price of the dollar is 149,750 The purchase price of the dollar is 148,750 approximate
Zig Lee Greenwood, US soldiers release new version of 'God Bless the USA' from July 2020 https://www.youtube.com/watch?v=0Japc8M8RQw
butterfly The price of the dollar against the Iranian Toman
Baghdad $ 100 2,223,000 tomans approximate
butterfly Global foreign currencies 100 € 121.91 dollars 100 pounds $ 141.91 $ 100 856,26 TL
butterfly Minerals The price of an ounce of gold worldwide is $ 1903.95
butterfly Oil The price of a barrel of Brent crude oil $ 68.78
The price of a barrel of US crude oil 66.64 dollars burathanews.com
butterfly While retaining Al-Kazemi and changing Al-Halbousi, “serious” moved to postpone the October elections in Iraq
2021-05-29 08:24 While retaining Al-Kazemi and changing Al-Halbousi - serious moved to postpone the October elections in IraqShafaq News/ An informed political source revealed, on Saturday, a move by major powers to postpone the early elections, scheduled for next October, as part of an agreement package that is being discussed “seriously”, pointing out at the same time that this agreement may lead to Change the Speaker of Parliament while retaining the current Prime Minister.
And the actual date for holding the legislative elections in Iraq is April 2022, but as a result of mass popular protests that began in 2019 and overthrew the government of Adel Abdul-Mahdi, Mustafa Al-Kazemi’s government first pledged to hold elections in June of this year 2021, before a new date was agreed upon on the tenth of October of The same year, following a “proposal from the Electoral Commission.”
In this regard, an informed source told Shafak News Agency, “There are serious discussions being held between different political parties, to discuss postponing the elections, and moving them to their scheduled date in April 2022.”
And he indicated that those discussions also included activating the topic of dismissing Parliament Speaker Muhammad al-Halbousi, provided that the position goes to the new Azm alliance led by Khamis al-Khanjar.
A political move led by former Parliament Speaker Osama al-Nujaifi failed in October of last year to overthrow Muhammad al-Halbousi as part of an effort to change him.
The source indicated that the current political debate “may end with agreement on major ministerial changes, with Prime Minister Mustafa Al-Kazemi remaining in his position, due to the difficulty of finding an alternative and agreeing on it internally or externally.”
butterfly Zig BEAUTIFUL........ABSOLUTELY BEAUTIFUL.......WHERE ARE MY KLEENEX'S .........
butterfly Marathon jumps for the dollar matched by government impotence and popular outrage
2021-05-29 | 03:55 Marathon jumps for the dollar matched by government impotence and popular outrageReport: Alsumaria News
The rise in the exchange rate of the dollar against the dinar to about 150 thousand dinars for the 100 dollar bill has sparked a wave of popular and political anger and dissatisfaction, with many calls for the government to address this matter as a result of its negative impact on the citizen, at a time when a parliamentarian stressed the importance of creating The government is a mechanism to reduce the damage to the poor and low-income classes as a result of the high exchange rate of the dollar against the dinar, another indicated that the current increase in the exchange rate during these days had no justification, while an economic researcher called on the government to restore the prestige of the Iraqi dinar.
The ball is in the court of the government and the Central Bank, a Member of the Parliamentary Finance Committee, Muhammad al-Shabki, confirmed that the government andMinistry of Finance The Central Bank is the parties concerned with dealing with the causes of the high exchange rate of the dollar against the dinar.
Al-Shabaki said in an interview with Alsumaria News, “Changing the exchange rate of the dollar is not one of the tasks of the House of Representatives or the Parliamentary Finance Committee, but we are within the follow-ups of market conditions, especially after the end of the blessed month of Ramadan, as prices rose at that time, but we expected that those prices would decrease and inflation would decrease.” The markets will stabilize after the end of the holy month, “indicating that” what happened is the opposite, as the current days have witnessed a remarkable rise in the exchange rate without any justification for this rise. ”
butterfly “The current situation needs a position or a decision from the government and the central bank,” al-Shibki addedMinistry of FinanceTo address this rise, considering that it is a government decision previously issued by it to raise the price, and it is concerned with dealing with its results. ” For his part, a member of Parliament confirmed
Mechanisms to reduce harm to the poor classes Sarout said in an interview with Alsumaria News, “The high exchange rates of the dollar have a negative impact on the citizen and the daily standard of living for all segments of society, considering that this rise greatly reduced the purchasing power of the Iraqi dinar,” indicating that “the employee and the rest of the society’s segments of farmers and markets have all been exposed.” To great harm to this confusion in decisions, especially the poor classes that were victims of this rise. ”
Abbas SaroutThe importance of finding a mechanism for the government to reduce harm to the poor and low-income classes as a result of the high exchange rate of the dollar against the dinar. Economic researcher
Sarout added, “The government was supposed to find a mechanism to reduce harm to the poor classes and those with limited income, either by increasing the ration card items or disbursing sums of money through the ration card, or other measures that ensure a decent living for those classes,” pointing out that ” The government is concerned with finding mechanisms to balance the rise in the price of the dollar on the market and the citizen’s living condition.
butterfly He pointed out that “there is a scheduled interrogation during the coming days of the Minister of Finance inside the dome of Parliament, and the file of raising the dollar exchange rate may be among the files that will be raised among the questions due to its great importance,” stressing that “the next stage will have many proposals regarding the exchange rate in particular.” We are on the verge of electoral campaigns, and this file is considered one of the important files. ”
Restore the prestige of the Iraqi dinar
Diaa Al-SharifiHe called on the government to put in place real solutions to the problem of the exchange rate and work to restore the prestige of the Iraqi dinar, and to go to build a correct and not a fictitious economy.
Al-Sharifi said in an interview with Alsumaria News, “The frightening rise in the exchange rate of the dollar against the dinar to nearly 150 thousand dinars per hundred dollars is an issue that alerted us of its risks from the first moment in which it was talked about raising the exchange rate to 145 thousand dinars, and within the current data.
It may reach higher levels and may reach 160,000 dinars, “indicating that” the beneficiaries of this situation are some parties that have private banks that have begun to raise the price through which they influence and dominate financial decisions, whether in the central bank or other economic chapters. ” .
butterfly Al-Sharifi added, “The citizen, especially the middle classes and those with limited income, is the first victim, as he cannot provide for the daily needs of living,” pointing out that “this matter brings us back to the government’s appeal to Article 20 of the budget that was dropped by Parliament and the government has challenged it in the Federal Court related to it.”
By imposing a tax and deduction on the salaries of employees, which means that there are two strikes for the employee, which means that liquidity will decrease in the market, meaning a severe economic crisis, and the beneficiaries of it are parties that are on the fingers of one hand and may not exceed the two parties only, which are the decision makers and those steps.
He stressed, “The importance for the government to have a real and serious vision of the extent of the challenge and its risks to the Iraqi people, and to work to follow up the markets, not to prejudice the salaries of employees, to control the currency exchange market and to prevent it from getting out of control as is happening now, and for this file to be kept out of political conflicts with the near elections in order to Do not be used for electoral purposes, considering that this issue is political rather than economic,
“explaining that” the rise in global oil prices, on its part, may encourage the government and the Central Bank to reconsider the current exchange rate, and work to restore the prestige of the Iraqi dinar because this step It means establishing a healthy economy and not a fictitious economy as some promote it. ” alsumaria.tv
Butterfly Transport expects to achieve a “leap” in oil exports after the completion of the “longest” berth in the history of Iraqi ports
15:37 – 29/05/2021 Transport expects to achieve a leap in oil exports after the completion of the longest berth in the history of Iraqi portsInformation / Baghdad..
The Ministry of Transport / the General Company for Iraqi Ports announced, on Saturday, that its technical and engineering cadres in the company were able to complete the last section of the longest oil berth, in the port of Khor Al Zubair, with a length of 340 m.
The company’s director, Farhan Al-Fartousi, said in a statement that the agency received a copy of it, that “the pouring of the last section of the longest oil berth in the history of the ports has been completed,” explaining that “the berth is being implemented according to the latest and highest international specifications to meet the speed of loading with A high safety and security system.”
He added, “The berth is being worked on by the Japanese Mitsubishi company and its subcontractor, the Turkish company JALK, and it is among the Japanese loan projects funded by the Japanese International Cooperation Agency (JICA).”
For his part, Muhammad Al-Sahlani, director of the Japanese Loan Authority, said that “the project will make a leap in oil exports from the port of Khor Al-Zubair.”
In turn, Muntazer Abdul Razzaq Kateh, the project manager, said that “the surface of the quay has been completely completed, and what remains is to complete the erection of loading arms, firefighting equipment, vanities and other final works.” finished/25h almaalomah.org
butterfly Wisdom suggests that the Minister of Finance will not be questioned for these reasons
11:29 – May 29/2021 Wisdom suggests that the Minister of Finance will not be questioned for these reasonsThe information / Baghdad ..
MP for the Al-Hikma Movement, Jasem Mohan Al-Bukhati, suggested that the Minister of Finance, Muhammad Allawi, will not be questioned during today’s session despite its inclusion on the agenda, citing several reasons.
Al-Bakhati said in a statement to “the information”, “Today’s session will not witness the questioning of the Minister of Finance by the questioner, Yousef Al-Kalabi, for a number of reasons.”
He added, “There is information that the Minister of Finance will not attend the session, trying to postpone it for another time. The security conditions that the country is going through are also one of the factors that will not allow the interrogation for fear of not being politicized.”
Al-Bakhati added, “As for the other and important reason, it is the lack of any political consensus to give the green light to the Minister of Finance to come to the parliament and confront the interrogator.” almaalomah.org
butterfly Zig those few words also caught my interest.
Dave butterfly restore the prestige of the IQD......1166?
Dave White Paper....reforms? still in the hands of the Federal Court.......heard nodda......Early elections?....yes no maybe.....welcome to Iraq
Supreme leader dinard Restore to prestige means putting Saddam back on the dinar lol
Sparky ... I thought Shabibi talked about restoring the prestige of the IQD to that of the 1970's ... ~$2.70 USD ... but, I could be wrong ... I took it to mean prestigious in relation to Iraqi historic currency valuation , and other Middle Eastern countries ...
Dave Sparky shabs never mentioned rates?
Dave restoring the prestige of the IQD....yes
Sparky Dave ... not to my knowledge ...
Sparky Dave ... I am referring to the CBI historic valuations ... right on their website ...
Dave restore,,,,does work fer me though
Sparky Dave ... I hear yeah, vague language ...
PeteV what is going on folks
Dave couple that with delete 3 zeros????
Sparky PeteV ... you tell me, and we'll both know ...
PeteV hehe, i 've Sparky heard nothing so we stuck
Dave We aint stuck...READY to GO....they are stuck!!
Dave https://www.bing.com/videos/search?q=if+i+had+a+million+dollars&view=detail&mid=C6B2FA0EE16FED539075C6B2FA0EE16FED539075&FORM=VIRE0&ru=%2fsearch%3fpc%3dCBHS%26ptag%3dN4151D082318A9DFA1A1FF2%26form%3dCONBDF%26conlogo%3dCT3210127%26q%3dif%2bi%2bhad%2ba%2bmillion%2bdollars
Dave old song...........lol
Sparky Dave ... good one, though ...
Dave buy a K car....
Sparky ... a million dollars doesn't get you what it used to ... maybe pay for the tree fort ...
Dave property gone CRAZY here.....
Sparky Dave ... here also ... but, I don't think it's a bubble ... economy is ready to soar ...
Dave average home price now 1.25 million......
Dave 4 yrs ago half that
Sparky Dave ... you guys pay property taxes over there ?
Dave ...but 1 2x4........12 bucks Seriously?????
Sparky Dave ... better off cutting down your own tree's ... lol ..
Dave folks. have been........we have old grow forests here.........Huge trees Dave scary to think what a 8x8 cedar 20 ft beam would cost???? peeps poaching trees like crazy and renting/purchasing mills
Sparky Dave ... and the crane that delivers and places it ...
Dave No tree shortage but lumber prices up 300% in the last 1-2 yrs....? guessing concrete 300/yd delivered
Sparky ... $75 + ...
Dave all about supply and demand? Building like never before around here
Dave Sparky 75 yd????CHEAP
Sparky Dave ... here too ...
Dave Where are folks finding all this cash?????? Dave oops mean 300yd finished concrete
Sparky ... stock market went from low of ~26,000 to 34,000 plus in a little over a year ...
Dave Sparky not many peeps play that game
Sparky Dave ... that's where I think the money is coming from ...
Dave new construction everywhere going nuts.....
Sparky Dave ... I believe the '20's are going to be an historic period of prosperity ... for all ...
Sparky ... like a sling shot ...
Dave over due in having another epoch in time......
Sparky ... the rubber band philosophy ...
Sparky ... wealth equality has begun, with the advent of social media ...
Dave m-RNA......could be revolutionary.... SHHHHH!
Sparky Dave ... maybe it'll be the catalyst for the " roaring twenties " ... half the spiral staircase ...
Sparky ... nucleic acid modification ...
Dave Sparky target cancer cells.....specifically yeppers
Dave cure fer cancer........no money in that?
Sparky Dave ... you know the game ..
Dave Sparky new game now.........
Sparky ... yes, population control ...
Dave if they can design antibodies to attack spike proteins on CV..........determine that DNA sequence of that cancer.......
Dave Sparky Plenty of green space available....
Sparky ... a cleaner version of Sheryl Crowe " Steve McQueen " ...https://youtu.be/Q89h-jrRKw8
Sparky ... https://youtu.be/Q89h-jrRKw8 ... ... https://youtu.be/IXrVD-n92W0 ...
Sparky ... makes one wonder ... greed and profit over life saving medication ...
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Zig’s Place Chat and News Friday PM 5-28-21
Zig’s Place Chat and News Friday PM 5-28-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
butterfly A parliamentary proposal to return the looted and smuggled amounts in corruption deals
2021-05-28 | 03:45 A parliamentary proposal to return the looted and smuggled amounts in corruption dealsAlsumaria news/Baghdad:
A member of the Parliamentary Committee on Economy and Investment, Falah Al-Khafaji, suggested today, Friday, a mechanism through which half of the looted and smuggled money can be recovered if it is applied correctly and accurately.
Zig’s Place Chat and News Friday PM 5-28-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
butterfly A parliamentary proposal to return the looted and smuggled amounts in corruption deals
2021-05-28 | 03:45 A parliamentary proposal to return the looted and smuggled amounts in corruption dealsAlsumaria news/Baghdad:
A member of the Parliamentary Committee on Economy and Investment, Falah Al-Khafaji, suggested today, Friday, a mechanism through which half of the looted and smuggled money can be recovered if it is applied correctly and accurately.
Al-Khafaji said in an interview with Alsumaria News, “The actual elimination of corruption or its reduction and the return of the looted and smuggled funds need a real will and deliberate plans to address this file,” noting that “it is possible that the funds of every official in the Iraqi state will be followed up to his relatives of the fourth degree since During his tenure in office, and following up on their situation, did their wealth double and did they have large bank assets and properties?
Al-Khafaji added, “The second step is through activating the Illicit Gain Law, and from where did you get this, for those who have reached the point of obscene wealth and have become owners of banks, palaces and countless money, and follow-up from where they got that money, is it before 2003 or after?”
This history and how to obtain it in detail,” he said, noting that “some people did not own anything and lived a very simple life, then today they have become owners of factories, huge projects and very large assets, and we must know where they got that money.”
He pointed out that “in the event we want to dry up the sources of corruption, or at least reduce them, then this mechanism should be proceeded as a first step, and then it is possible, in the case of correct and accurate application, to return up to half of the smuggled and looted sums in corruption deals,” stressing that “the matter needs seriousness and a strong prime minister.” He is brave and firm to fight corruption and not compliment under any pressure.”
butterfly The World Bank announces important details in its report on Iraq
Posted, 05/28/2021 21:15:10 The World Bank announces important details in its report on IraqA senior expert at the World Bank, Wael Mansour, revealed, on Thursday, important details in his report on Iraq.
Mansour said in a televised interview, “Negative growth of the national product reached 10%, which is one of the worst growth that we see after 2003, and we attribute it to the drop in the oil price, the OPEC Plus agreement, which reduced oil production, and the Corona pandemic that hits many sectors, including services, religious tourism, and others.” .
He pointed out, “a sharp decline in financial resources, and the government has taken harsh measures, including the reduction of all spending outside wages and salaries, and we have seen a sharp decline in public investment and social benefits and all programs that can support growth and reduce poverty and a sharp decrease in it.”
Mansour stressed, “The World Bank is very interested in the factor of growth and sustainable growth, the need for diversification and job creation outside the oil sector, and a basic necessity for women’s participation in the labor market, given that Iraq is among the lowest in the world in this aspect.”
And he indicated that “if Iraq is able to achieve policies and involve women in the labor market 2.
butterfly 2.5 billion dollars as a result of burning gas associated with the extraction of oil and losses in agriculture and water.”
Mansour continued, “The solutions to Iraq’s problems have become a large structure that accumulates from one government to another, and the solutions are not easy and not immediate, and we are talking about problems in the public sector, electricity and infrastructure, and a very small banking sector that does not exist. And it is not supportive of the public sectors.”
And he noted, “We are aware of the importance of the current government’s white paper, which diagnoses with such accuracy and danger, and rings an alarm bell for the Iraqi economic situation and says that the solution is not immediate, and there must be short-term measures, and all reforms require a pause and a political decision in the first place.”
Mansour concluded, “Not diving into these reforms means recurring problems from one government to another with the low exchange rate of the dollar against the Iraqi dinar,” adding, “We do not set conditions on Iraq, but rather offer advice to increase imports, and with the improvement of the oil price, it is a good look, but it hides 3 risks.”
The first is the political and security risk that overthrows all economic recovery and the risk of fluctuations in the oil price and may drop to 50 or 40 dollars per barrel. The other danger is the absence of reform and the failure to implement the white paper, which means a loss of 11 billion dollars for Iraq.
The expert at the World Bank stressed that “reforms affect salaries, electricity, social protection networks and other government-supported aspects,” noting that “the e-government puts Iraq in the back ranks in terms of corruption and management efficiency.” alforatnews.com
butterfly A member of Talabani's party: Kurdish fears of stealing the votes of the voters in the regions of Jalawla, Saadia, Qarataba and Jabara
Friday 28, May 2021 18:43 ..............Ibrahim Hasan, a member of the Khanaqin organizations of the Patriotic Union of Kurdistan, confirmed that the Kurdish parties will run the parliamentary elections with a code of honor, far from any financial or national influences.
He told the correspondent of the Iraqi National News Agency ( NINA ) today that the rules of the Kurdish parties in Diyala are solid.
The source pointed out that there are Kurdish fears of stealing and / confiscating / the votes of voters or / preventing them / from voting in the areas of “Saadia, Jalawla, Qarataba and Jabara” due to / intentional / failure to open the party and political headquarters of the Kurdish parties in those areas despite obtaining official approval The federal government and the governor of Diyala, according to him / finished
butterfly Parliamentary Finance rules out preparing the 2022 budget and voting on it before the elections
10:45 – 28/05/2021 Parliamentary Finance rules out preparing the 2022 budget and voting on it before the electionsThe Information / Baghdad
The Parliamentary Finance Committee has ruled out preparing the government’s 2022 budget and voting on it in Parliament before holding the early elections scheduled for next October.
Member of the Committee, MP Muhammad Al-Shabki, told Al-Maalouma, “The Financial Management Law referred to proceeding with the disbursement of amounts and dues according to the 1 by 12 system in the event of delays in preparing the budget or voting on it in Parliament in the new year, and according to the data for the past year.”
He added, “The government is supposed to present the 2022 budget before the end of this year in order to vote on it, but there are elections that will take place next October, which will delay the completion of next year’s budget.”
Al-Shabki ruled out that there would be a demand for the government to prepare the 2022 budget and submit it to Parliament in order to vote on it before the early elections, which will lead to the adoption of the 12/1 system in exchange for the next year. almaalomah.org
Butterfly A parliamentary bloc warns against voting on an agreement to avoid double taxation with Kuwait
Friday 28, May 2021 23:55.........The National Approach Parliamentary Bloc warned Parliament against voting on the agreement to avoid double taxation between Iraq and Kuwait, which is included for the vote on the agenda of the House of Representatives session scheduled to be held tomorrow, Saturday, stressing that the agreement will deprive the state treasury of tens of millions of dollars annually.
The head of the bloc, MP Ammar Tohme, said, "According to this agreement, Kuwaiti companies investing in Iraq will be exempt from paying the tax resulting from their profits that they obtain from their investment and commercial activities in Iraq. An example of this is that the Kuwait Energy Company operating in the oil licensing rounds is supposed to pay (35%) of its profits for the Iraqi state.
He explained, "With the parliament voting on this agreement, tens of millions of dollars will be lost by the Iraqi state, as is the case with Kuwaiti companies operating in the mobile phone license, the tax of their profits will be dropped according to this agreement."
And he added, in a press statement, that "the person who obtains income from sources in the other country or has funds in it, if he runs his business without residing in Iraq, even through an agent, then all his money and the resulting profits are excluded from the taxation just for the sake of Since he did not establish himself in the State of Iraq, "indicating" if a Kuwaiti natural or legal person contracted to manage a project that generates large profits on him and pays tax to the Iraqi authorities on their profits, after the State of Kuwait imposes taxes on his activities after the implementation of this agreement, he can collect the exemption About paying tax for those profits. "
butterfly He went on to say, "If a Kuwaiti airline company operates inside Iraq and gets profits from this work, it does not pay tax on its profits if the actual headquarters of that company is located in Kuwait."
butterfly Increase Internet capacity through the Light Transmission Project in Al-Karkh districts of Baghdad
Friday 28, May 2021 18:24.........The Ministry of Communications announced an increase in Internet capacity for citizens through the optical access project in the areas of the Karkh side of the capital, Baghdad.
The ministry said, "The subscriber can enjoy a unique browsing and downloading speed with new speeds and capacities commensurate with the technologies of FTTH light access projects, which is characterized by the availability of landline phone service, encrypted channels service (IPTV), added services, and other educational and entertainment services," indicating that "the subscriber gets a card Free credit for a landline phone of five thousand dinars, upon subscription for the first time, as soon as the service is activated for subscribers and with the support of the Ministry of Communications.
She explained, "The services of the government optical cable project FTTH are available in 10 areas of Baghdad / Al-Karkh, which are Al-Adl / Al-Jamaa / Al-Khadra / Al-Ghazaliya / Al-Jihad District / Al-Kadhimiya / Al-Hurriya / Al-Mawasalat District / Al-Maalif / Abu-Shir."
PeteV hi holks MarkZ@originalmarkz 2h JUST IN - PM Netanyahu ousted as Lapid and Bennett agree on cabinet formation, according to Israeli media.
Bennett will serve first as PM until 2023 when Lapid will take over until 2025. Swearing-in to take place in 10 days, following an announcement of the new government.
Sheila PeteV well, that's interesting.
PeteV i heard he (netanyahu) was about tto do it to them
butterfly Netty got the boot. Now that is good news.
Sheila USE YOUR OWN DISCERNMENT: Nicks Intel Update, May 28, 2021 -- https://nicksintel.wordpress.com/2021/05/28/05-28-2021-update/
butterfly Well I haven't found anything on Netty getting the boot. All I see is he won.
butterfly Found this: Yamina leader Naftali Bennett agreed to forming a coalition government with Yesh Atid head Yair Lapid, N12 reported.
The two sides agreed that Bennett will serve first as prime minister until September 2023, when Lapid will take over until November 2025, according to N12. The swearing-in ceremony is expected to take place in 10 days, following an announcement of the new government either on Saturday night or Sunday. https://www.jpost.com/israel-news/politics-and-diplomacy/lapid-i-dont-know-if-well-form-a-government-or-not-before-mandate-expires-669478
butterfly This was posted 3 hours ago: https://www.timesofisrael.com/report-bennett-lapid-reach-agreement-on-forming-coalition-to-oust-netanyahu/ TV report Friday on a deal that "could pave the way for the ouster of Prime Minister Benjamin Netanyahu after over a decade in power."
butterfly "could" So there is no definite words that says he "was" ousted....yet.
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