IQD CALLS Chat Wednesday Night 4-1-20

IQD CALLS Chat Wednesday Night  4-1-20

Doug_W   Governor issues 'stay-at-home' order for Florida

On Wednesday, Governor Ron DeSantis issued a 'stay-at-home' order for the state to prevent the spread of COVID-19. The order goes into effect at midnight tomorrow and will last for the next 30 days.

Doug_W   to that I say 99 days to July 8th

Baxter   it looks like Ohio may go to June 1 on stay at home

futuremoney   will never fly...no tax revenue for 2 months...never

Baxter   futuremoney... the Trump package is good for four months

futuremoney   that package doent even come close to whats needed

Baxter   They said they would add more if need be

Baxter   from where... who knows

futuremoney   this has gone above and beyond stupid

Baxter   its all funny money anyways

Baxter   it will get bad in a couple of weeks... real bad

futuremoney   now..every year the flu comes around...we gonna shut down the nation again? Lets make it a yearly event...have parades and sh!t

futuremoney   dems said trump was over reacting...now they are over reacting...just to hurt america

Wilder   Life is getting interesting. futuremoney Not going to be easy being self employed.

chattels   US President: Iran & its proxies are planning to conduct surprise attacks on US forces in Iraq. " Trump warns Iran is planning a 'sneak attack' on forces in Iraq " https://www.washingtontimes.com/news/2020/apr/1/hassan-rouhani-us-missed-best-opportunity-lift-ira/

chattels   1 Upcoming meeting between Qani and Al-Sadr resolves a new candidate for prime minister and excludes Zarrafi ://iraqnewsapp.com/1/Article/2244/193390533#.XoTs5qhKjIV

chattels   http://iraqnewsapp.com/1/Article/2244/193390533#.XoTs5qhKjIV

chattels   on Wednesday, foreign currency markets in Iraq recorded a jump in the exchange rate of the US dollar against the Iraqi dinar. http://www.alliraqnews.com/modules/news/article.php?storyid=89010

chattels   It is noteworthy that these prices are not official due to the closing of the Kifah Stock Exchange due to the curfew sanitary prevention of corona virus prevention.

chattels   The central bank announces that it will begin to boost bank balances abroad through the foreign currency sale window

Wed 01, Apr 2020 https://ninanews.com/Website/News/Details?key=821249

Chattels   Iraq’s oil revenues almost halved in March https://www.rudaw.net/english/business/010420201

chattels   According to oil ministry figures, Iraq increased oil production in March by around 7 million barrels compared to February. However, as world oil prices tumbled, its revenues actually fell.

Baxter   The GCR has been sent to the united nations.....

Baxter   lets see what they can do with it

Chattels   Already locked in a political crisis and battling an outbreak of coronavirus, Iraq will be forced to borrow or spend its foreign reserves to keep its head above water.

Baxter    Nobody will lend them any money chattels

Baxter   their credit rating is horrible

chattels    Haitham al-Jiboury, head of the Iraqi parliament’s finance committee, told Rudaw English he foresees a deficit of around 50 trillion dinars ($42 billion) in the 2020 budget plan.

If oil prices remain this low, that deficit could rise to more than 100 trillion dinars.

Baxter    all they have to do is revalue their currency... LOL

Baxter   according to the gurus

chattels   Iraq has not had a fully-functioning government since last December, when caretaker Prime Minister Adil Abdul-Mahdi resigned in the face of mass protests over unemployment, corruption, and the lack of basic services.

His replacement, Mohammed Tawfiq Allawi, also resigned in early March after he failed to win parliamentary approval for his cabinet.

The task has now fallen to former Najaf governor Adnan al-Zurfi – an unpopular choice among Iraq’s powerful Iran-backed Shiite blocs and anti-government protesters

Doug_W   Silver:$14.64 +0.62

chattels   Based on this price and increased exports to 3.6m bpd, total revenues for April would be $2.33bn. That’s before payments to IOCs. Not even half of payroll costs. Finding $3bn+ per month just to ease cash flow evens without drawing down from reserves is enough of a challenge https://twitter.com/SajadJiyad

Chattels   As prices fall, what are the threats to oil giant Iraq? https://news.yahoo.com/prices-fall-threats-oil-giant-iraq-032247045.html?soc_src=hl-viewer&soc_trk=tw

chattels   Iraq relies on oil revenues for more than 90 percent of state expenses. Its 2020 budget was based on an estimated barrel price of $56, more than twice the current rate.

futuremoney   their previous calls for privatization was bull...trying to appease the gods of the UN and the IMF

chattels   A sharp rise in the exchange rate of the dollar

Thursday 02, April 2020 https://ninanews.com/Website/News/Details?key=821381

chattels   The US dollar exchange rate against the dinar increased sharply today, Thursday.

The sale price in the exchange offices between 126 thousand and 130 thousand dinars per hundred dollars, according to the regions.

Some attributed the rise of the dollar to the closing of the Kifah Stock Exchange due to the curfew\.

chattels   Increasingly it appears that the fractional value of the IQD to the US dollar is degrading.

futuremoney   yep

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