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Zig’s Place Chatroom News Monday Afternoon 11-8-21

.Zig’s Place Chatroom News Monday Afternoon 11-8-21

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

Butterfly The dollar stabilizes against the dinar on the local stock exchange

Monday 08 November 2021 The exchange rates of the US dollar against the dinar stabilized today, Monday, on the main stock exchange in the capital, Baghdad.

Al-Kifah and Al-Harithiya Central Stock Exchange in Baghdad recorded this morning 148,250 Iraqi dinars, compared to 100 dollars, which is the same price recorded on Sunday morning.

Zig’s Place Chatroom News Monday Afternoon 11-8-21

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

Butterfly   The dollar stabilizes against the dinar on the local stock exchange

Monday 08 November 2021 The exchange rates of the US dollar against the dinar stabilized today, Monday, on the main stock exchange in the capital, Baghdad.

Al-Kifah and Al-Harithiya Central Stock Exchange in Baghdad recorded this morning 148,250 Iraqi dinars, compared to 100 dollars, which is the same price recorded on Sunday morning.

The selling price in banking shops in the local markets in Baghdad was 148,750 dinars per 100 US dollars, while the purchase price was 147,750 dinars per 100 dollars, which are the same prices recorded on Sunday morning. https://ninanews.com/Website/News/Details?key=937950

butterfly  The Commission announces the resolution of the file of appeals submitted on the preliminary results of the 2021 Parliament elections / expanded

Monday 08 November 2021 The Independent High Electoral Commission announced, today, Monday, the completion of the procedures for considering appeals and their appendices and the accompanying audit and review of the contested stations, counting and sorting them manually.

And a statement by the Commission added, "The Commission began checking stations, counting them and sorting them manually, from which evidence was presented within the appendix of the 87 appeals, since Thursday (November 3, 2021) until Sunday (November 7, 2021), so that the total of what was counted and sorted. Of the stations it is (4324) and it consists of: (2188) stations in the stage of reviewing the appeals, (2136) in the stage of considering the evidence of the appendices of the appeals.The appeals submitted were based on multiple reasons to ensure conformity of the results or not being satisfied with the results of the vote.

The number of appeals was up to 1436 distributed among the governorates according to the following table: Nineveh | Babil / Maysan - Diyala - Rusafa Karkh / Erbil - Kirkuk - Karbala - Muthanna - Qadisiyah - Anbar | Dhi Qar / Basra Date October 27, 2021 October 28, 2021 October 29, 2021 October 30, 2021 / October 31, 2021 or 2 of November 2021/3 November 2021 October 27, 2021.

 butterfly   The Central Committee and the supporting committees took the necessary measures to finalize the appeals file, and they checked all the ballot papers in the contested stations and the results were identical, except for the invalid papers, where the committee found that very few of them were found to be valid papers through a visual audit, where the necessary action was taken. regarding it in accordance with the procedures and regulations, and presented to the Board of Commissioners, who in turn submitted it to the Judicial Authority for Elections to have its say in it.

The Commission will announce all the details in light of the decisions of the Judicial Authority for the elections, and the final results will be announced thereafter. https://ninanews.com/Website/News/Details?key=938003

buterfly   2021-11-08 06:56   Shafaq News/ The Central Bank of Iraq (CBI) auctioned about $172 million in foreign currency today.

Shafaq News Agency correspondent said that CBI's sales of foreign currency in today’s auction amounted to $172,846,275 up by wowing 7.5%.

Our correspondent explained that 19 banks cashed $44,030,000, while the $128,816,275 went to boost funds abroad in the form of credit and non-cash transactions, with 20 banks meeting those demands. https://www.shafaq.com/en/Economy/CBI-sales-in-the-currency-auction-climb-today-9-5

butterfly   2021-11-08 07:31  Shafaq News/ Iraq's former Prime Minister, Haidar al-Abadi, hosted a delegation of the Kurdistan Democratic Party (KDP) headed by Hoshyar Zebari earlier today, Monday.

According to a readout issued by his office, al-Abadi discussed with his guests the recent updates on the political situation in the Iraqi arena and the results of the Iraqi parliamentary election.

The meeting exchanged views on the upcoming phase and the impact of political stability on the situation in the country.

Zebari and his accompanying delegation have arrived in the Iraqi capital, Baghdad, and held a series of meetings with a group of political figures.

Kurdish officials said that the Kurdish parties are awaiting the Shiite political forces to agree upon a candidate for the Prime Minister's office before engaging into the distribution of the portfolios. https://www.shafaq.com/en/Iraq-News/KDP-delegation-meets-al-Abadi-in-Baghdad

butterfly  Off to take care of things, be back later.

Eyeguy1   :Headscratch:

butterfly  Eyeguy1 nothing new, most are about the assassination of the PM.

butterfly  Security Expert: The Investigation Into The Attempted Assassination Of Al-Kazemi Will Not Be Announced.. An International Party Is Behind It

11/08/2021 | 2:29 PM   Security Expert - The Investigation Into The Attempted Assassination Of Al-Kazemi Will Not Be Announced.. An International Party Is Behind ItInformation/Baghdad..

The security expert, Safaa Al-Asam, confirmed, on Monday, the results of the investigation into the incident targeting the Prime Minister’s house, which will not be announced to public opinion, accusing an influential international party behind this alleged targeting attempt.

Al-Asam said in a statement to “Al-Mawara”, that “the process of targeting the house of the outgoing Prime Minister, Mustafa Al-Kazemi, was behind it by an influential international party, because the operation was carried out according to a modern plan and technology, and for the first time in which drones were used at a very low and low level.”

He added that “the committee in charge of the investigation will not be allowed to reveal the results to the public opinion, and it will remain secret because it is very dangerous and ambiguous because all the political blocs and even the resistance factions have condemned and denounced the incident,” noting that “the targeting side and the results of the investigation will remain confidential.”

Former MP Jassem Muhammad Jaafar revealed, in a previous statement to “Al-Maalouma”, that the office of the outgoing Prime Minister, Mustafa Al-Kazemi, “prevented” the investigative committee of the drone incident that “targeted” his house from entering the scene of the accident and taking criminal samples. almaalomah.me

butterfly   Al-Khalidi: Al-Kazemi Made Many Mistakes And There Is A “Veto” To Obtain The Second Term

11/08/2021 | 8:26 PM   Al-Khalidi - Al-Kazemi Made Many Mistakes And There Is A Veto To Obtain The Second TermInformation / Baghdad…

The head of the Bayariq Al-Khair bloc in the dissolved Parliament, Muhammad Al-Khalidi, confirmed, on Monday, the existence of a veto on the renewal of Al-Kazemi’s second term, pointing out that Al-Kazemi made many mistakes during his assumption of power and most forces do not want him to take power.

Al-Khalidi said in an interview with “The Information”, “The indicators available to us confirm that Al-Kazemi does not have sufficient political support to renew his mandate a second time, especially since most forces are not with his assumption of power for the next stage, especially from the major mistakes during the past months in all files, including political and economic.”

He added, “The renewal of Al-Kazemi is difficult, rather impossible, in light of the rejection of most of the large political forces for this step, noting that Al-Kazemi did not succeed in his mission and his government committed many economic mistakes from which millions are currently groaning, especially raising the price of the dollar and pushing prices to levels that burdened 40% of the people. The Iraqis represent the poor and the simple.”

 almaalomah.me

butterfly    Al-Kazemi’s advisor: Only $600 million is all that is left for Kuwait in Iraq

2021-11-08 09:29   Al-Kazemis advisor - Only 600 million is all that is left for Kuwait in IraqShafaq News/ The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed on Monday that the remaining compensation from Kuwait is 600 million dollars, indicating that these compensations will end in the first quarter of 2022.

Saleh said in an interview with Shafaq News Agency; “The rest of Kuwait’s compensation is more than half a billion dollars, up to 600 million dollars,” noting that “compensations are deducted from oil and at an amount of 3% of the value of each exported barrel out of 52.4 billion dollars imposed on Iraq.”

Saleh added; That “the file of compensation will be closed soon and within the limits of the first chapter of the next year 2022,” noting that “the completion of these compensations will close any trace and belongings of Chapter VII imposed by the Security Council on Iraq 30 years ago due to the Kuwait war.”

Salih pointed out that “the completion of the compensation will bring Iraq some of the money that was going as compensation to turn its annual flows in the interest of the Iraqi economy and achieve a financial space of not less than 2 billion dollars annually, according to oil prices, to enhance the financial sustainability of the country.”

Iraq must deposit 5% of its export revenues from sales of oil, its products and gas, before reducing it to 3% in 2018 in a UN fund established under the name of the United Nations Compensation Fund.

In 1991, a UN Compensation Committee was formed, obligating Baghdad to pay $52.4 billion in compensation to individuals, companies, governmental organizations and others, who incurred losses resulting directly from the invasion and occupation of Kuwait.   shafaq.com

butterfly   Al-Kazemi: We will pursue those who committed yesterday’s crime.. We know them well and we will expose them  

Posted, 2021-11-08 11:19   Al-Kazemi - We will pursue those who committed yesterdays crime.. We know them well and we will expose themShafaq News / The head of the caretaker government, Mustafa Al-Kazemi, threatened, on Sunday evening, the perpetrators of the assassination attempt at dawn today, by targeting his house with three booby-trapped drones, which no party has adopted until now, stressing that he knows them well and will expose them.

Al-Kazemi said while presiding over an extraordinary session of the Council of Ministers, “Last night, my house was attacked by targeting by drones directed at it directly, and this cowardly act is not worthy of the brave, and does not express the will of the Iraqis.”

“We will pursue those who committed yesterday’s crime, we know them well and we will expose them, and the hand of justice will reach the killers of the martyr Colonel Nibras Farman, an officer of the Iraqi National Intelligence Service,” he added.

Al-Kazemi added that his government prevented “Iraq from slipping into a regional war, and we were able to cross the country to safety, but there are those who are trying to tamper with Iraq’s security and want it to be a gang state, and we want to build a state.”

The caretaker prime minister reiterated the government’s success in “meeting the demand of the people, the reference and the demonstrators to hold early elections, and to provide everything the commission requested,” pointing out that “the results of the elections, complaints and appeals are not within the government’s competence, but the government’s duty focused on providing financial and security matters.” to conduct elections.

butterfly   He indicated that he had ordered “the immediate investigation into the events that took place with the protesters in front of the Green Zone on Friday, to put any trespasser behind bars and bring him to justice.”

Al-Kazemi concluded his speech by offering his thanks, pride, and gratitude to “all the honorable, sovereign and highness leaders and leaders of the region and the world who contacted, sent messages or issued positions in solidarity with the Iraqi state, as well as all political forces that expressed their support for the concept of the state vis-à-vis the non-state,” noting that “The life of the Iraqi state is long, and the life of the advocates of non-state and anarchy is short.”   shafaq.com

butterfly  Al-Kazemi’s assassination attempt: The moment of the decision to dissolve the popular crowd is approaching

11-8-2021    Al-Kazemis assassination attempt - The moment of the decision to dissolve the popular crowd is approachingThe pro-Iranian militias in Iraq, with their failed assassination attempt against Prime Minister Mustafa Al-Kadhimi, lost all chances of being accepted as part of the next government. Al-Kazemi realized, if he remained at the head of the government, that the chances of bargaining with the state groups no longer had a place and that he was lenient with them enough that they almost killed him.

On Iran’s condemnation of the attempt, people close to Al-Kazemi said that Iran condemned the failed attempt because it failed; The drones are Iranian, the militias launched by them are Iranian, and the execution orders are Iranian, but the condemnation is the same as Iranian “piety.”

Iraqi political circles said that the leaders of the state groups were waiting for the success of the assassination attempt on the night of the execution, while they were preparing to issue memorial statements praising Al-Kazemi’s virtues and considering him a national hero. This is despite the fact that some of them made public threats to kill him. However, they were shocked by the failure of the attempt, and they denounced it, as did Iran.

It is believed in Iraq that the next target is Muqtada al-Sadr, the leader of the “Sadr movement” who made progress in the elections at the expense of the rest of the other Shiite parties.

The Houthi scenario is one of the plans that the Shiite militias are considering to storm the Green Zone and impose a fait accompli

Sadr’s rivals say that his current will disappear with his disappearance, returning them to “the forefront of the Shiite scene.”

butterfly    Since taking power, Al-Kazemi has tried to appease the Popular Mobilization militias and refrained from confronting their violations, beyond verbal calls to impose respect for the sovereignty of the state, and participated in its most recent military parades in Diyala, but he almost paid with his life for his hesitant stance towards these militias.

The state groups fear losing influence if they move away from power, and fear the exposure of corruption and violations, which could put their leaders under the law, especially since some of them do not hesitate to admit their responsibility for committing acts of terrorism.

Observers say that the failed assassination attempt is supposed to put an end to the survival of these groups as an anomaly armed force, threatening and committing crimes and serving Iran’s agenda, while receiving funds from the Iraqi government.

A high-ranking Iraqi security official considered that targeting Al-Kazemi’s house by a drone was a risk with all the remaining assets owned by the militias, in the hope of changing the course of events taking place in a way that is not in their favor.

In a statement to Al-Arab, the official said, “The state militias and a number of party leaders are at a crossroads; Either they have a position in the new government that maintains their presence, or they activate pre-prepared scenarios to confuse the situation.”

He suggested that the Houthi scenario is one of the plans that the Shiite militias are considering to storm the Green Zone and impose a fait accompli, when they lose other options to remain as the dominant forces within the state.

butterfly   The source stressed that the forces of the Counter-Terrorism Service, headed by Lieutenant-General Abdul-Wahhab Al-Saadi, are ready to confront any potential dangers threatening the political process.

The security official ruled out any possible confrontation between government security forces and militias, but stressed their readiness for any emergency.

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Senior militia leaders in the PMF fear that the formation of the new government will end their presence as the controlling force of the so-called deep state. Senior militia officials also fear that files of kidnappings, killings and corruption will eventually be opened, which will eventually lead them to judicial conviction and sentencing.

And the “Al-Fateh” list, which includes the largest Shiite militias headed by Hadi al-Amiri, supported by the leader of the state of law Nuri al-Maliki, is pushing for pressure on the Sadrist movement to form a joint government.

Al-Maliki, al-Amiri and senior militia leaders believe that their mere marginalization in the new government means their political end, stressing that they are ready to face any other situation that does not preserve their influence in the next government.

An Iraqi parliamentarian who won the recent elections – who preferred not to be named – described targeting Al-Kazemi’s house as a clear indication that the armed factions are ready to reach the maximum possible escalation in order to obtain the chairs that the new election law has deprived them of and the strength of organizing the competing forces.

In a statement to Al-Arab, the parliamentarian expressed his belief that Iraq is on the verge of armed clashes, the first party being the government and the Sadrist movement’s “Peace Brigades,” and the second party being the Iranian-backed armed factions.

butterfly  And he said, “The armed factions’ fear of the Sadr-Al-Kazemi alliance and Lieutenant-General Ahmed Aborgev – head of the Supreme Committee for Investigation of Major Corruption Cases – may eventually lead to the hanging of the gallows for some militia leaders in Tahrir Square, which will push them to persist in accepting them as a partner in any future government. He gave her political positions in exchange for the parliamentary seats she lost.”   rawabetcenter.com

Butterfly   A security source refutes the version of the number of planes and confirms: Al-Kazemi’s injury was fabricated

2021-11-08   A security source refutes the version of the number of planes and confirms - Al-Kazemis injury was fabricatedOn Monday, a high-ranking security source refuted the government’s account of the presence of three planes in the operation to strike the home of Prime Minister Mustafa Al-Kazemi,

He pointed out that the US embassy has the ability to detect any foreign object in Baghdad in general, and green in particular, because it has a self-operating defense system.

The source, who preferred not to be identified, said, “Al-Kazemi is not in his house during the bombing, and the injury in his hand is fabricated and untrue, and that one plane was hovering in the green sky for three minutes, dropped its cargo and went.”

And he indicated that “there are no three drones, but one plane that flew in the sky of Baghdad and dropped its cargo,” asking “where are the planes that fell or were bombed near the Tigris River,” stressing that Al-Kazemi was not present in the place that was targeted.

He added, “The lack of pictures of planes and only pictures of missiles is evidence that the assassination attempt was fabricated,” indicating that “one plane was bombed and there is no truth to Al-Kazemi’s injury.” burathanews.com

Sheila   @Butterfly - thanks again for the news. always appreciated.

Zig    with one being extremely unlikely and ten being highly likely what do you think our chances are of EVER making money from the Iraqi Dinar....would like to hear from a lot of people out there....curious as to everyone's outlook now....I am about a 4 as I type this... :Gum:

Zig   Doug_W : :G'day" Curious if you ever have any contact with @chattels

Doug_W   no

Doug_W  I have his contact info but he said politely he wanted to be left alone

Zig   Hmmmm.....I wonder if he just gave up on this and sold.

Doug_W   IDK

butterfly   10

butterfly   The Central Bank of Iraq's dollar sales rise

Monday 08 November 2021 Sales of the Central Bank of Iraq rose, today, Monday, in hard currency, to record more than 172 million dollars.

The bank stated in a statement: "The Central Bank witnessed today, during its auction for buying and selling US dollars, an increase in its sales by 7.5% to reach 172 million, and 846 thousand and 275 US dollars, covered by the bank at a base exchange rate of 1460 Iraqi dinars per dollar."

He pointed out that "the bank's sales on Sunday were 160 million and 755 thousand and 524 US dollars."

And he indicated that "the purchases amounting to 128 million, 816 thousand and 275 dollars went to strengthen balances abroad in the form of remittances and credits, while the remaining amount of 44 million and 30 thousand dollars went in cash."

He added that "20 banks have met requests to enhance balances abroad, 19 banks to meet cash requests, in addition to 199 brokerage companies." https://ninanews.com/Website/News/Details?key=938032

butterfly  I have one clock to change. grrrr

Zig   butterfly : Seriously?....a 10???

Dave   Saleh added; That “..........“the completion of these compensations will close any trace and belongings of Chapter VII imposed by the Security Council on Iraq 30 years ago due to the Kuwait war.”

Dave  butterfly Are the Gurus aware that Iraq has NO globally traded currency while under Ch7........?

Dave  Wonder if Kap is aware that sanctions killed the value of the IQD?

Dave   Zig 1-10.........while CH7......0

Zig  Dave : So do you think the value will be "restored" once they are out of Chapter 7?

Dave    CBI...."political, economic and social stability"...........Doubt they have any of that yet

Dave   Will see if Sadr has any teeth in regard to this White Paper........

Dave   My crystal ball tells me Maliki et-al aint going down without a fight.......

Dave  seems that with every positive step forward they formulate another crisis

Zig    Thanks for your thoughts Dave always interesting, and I enjoy your spats...er I mean chats with my buddy @Kap LOL

butterfly   Zig yup I give it a 10

Zig  butterfly : Why?

butterfly   Zig cause I have a secret and I ain't tellin'

Zig  :Angry: LOL

Dave  butterfly NDA.?..LOL

butterfly   Dave Nope!

Dave   Crystal Ball....how about a hint......

Zig   butterfly : Tell me now!!....I demand it!!.... :Shhhh:

butterfly   I will let you all know with my secret word...........moving.

Dave   butterfly the recent news has been a downer,,,,some encouragement would be nice

butterfly   It is not what you know, it is who you know.

Dave   Know some Chinese Elders?

butterfly   I have left hints throughout my posting with articles and through the articles.

butterfly   China has nothing to do with it.

Dave  Which post???????

Zig  : OMYGD: butterfly is a Guru now....lol

butterfly  No guru at all. I can say I truly.............gurus.

Dave  butterfly Come on woman...Curiosity killed the cat

butterfly  I am so tired of reading about the attempt on the PM. One says no attempt, One says yes there was.

Dave   a wee hint PRETTY PLEASE

butterfly   I gave you one

Dave   sorry I am not so bright.......

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Zig’s Place Chatroom News Sunday PM 11-7-21

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

Butterfly Al-Kazemi’s assassination attempt tops the world press: concern about the repercussions

2021-11-07 07:47 Al-Kazemis assassination attempt tops the world press - concern about the repercussionsShafaq News/ The news of the assassination attempt on Iraqi Prime Minister Mustafa Al-Kazemi, on Sunday, topped the headlines and headlines in various newspapers and websites around the world, which almost agreed that the incident constituted a major escalation that threatens Iraq and may have repercussions.

Zig’s Place Chatroom News Sunday PM 11-7-21

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

Butterfly   Al-Kazemi’s assassination attempt tops the world press: concern about the repercussions

2021-11-07 07:47   Al-Kazemis assassination attempt tops the world press - concern about the repercussionsShafaq News/ The news of the assassination attempt on Iraqi Prime Minister Mustafa Al-Kazemi, on Sunday, topped the headlines and headlines in various newspapers and websites around the world, which almost agreed that the incident constituted a major escalation that threatens Iraq and may have repercussions.

The news of the assassination attempt made the headlines of newspapers, websites and televisions, such as the British “Guardian”, the American network “CNN”, the German “Deutsche Welle”, the “Times of Israel”, the website of the “Voice of America” ​​radio station, and the Australian “The Australian”. And the agencies “Reuters”, “Associated Press”, “One India” and others, while it was clear that most Arab newspapers did not cover the news in their paper editions because of the assassination attempt early on Sunday morning, and replaced that by following the Iraqi events on their websites. e.

CNN quoted a source close to Al-Kazemi as saying that the prime minister was returning from an inspection visit to the security forces that were involved in raids with demonstrators at the southern entrances to the Green Zone, when the drone attack occurred.

He added that Al-Kazemi was about to enter his residence when the booby-trapped planes attacked.

butterfly   The New York Times noted in its report that the attack came after clashes broke out in Baghdad between security forces and supporters of militias loyal to Iran, which it says was the victim of electoral fraud that took place on October 10.

Reuters considered that the attack greatly exacerbated the tension in the country, weeks after the elections, which were questioned by the militia forces loyal to Iran.

The “Times of Israel” indicated that the attack came in light of “the escalation of tension in Iraq”, and that it reflects a significant escalation in light of the tensions sparked by the refusal of the militias loyal to Iran to accept the election results.

The Israeli newspaper also pointed out that Al-Kazemi is seen by the militias as close to the United States, and has tried to achieve a balance between Iraq’s allies, that is, the United States and Iran, and he has made an attempt to ease regional tensions by hosting talks between the two regional rivals, Saudi Arabia and Iran.

The newspaper “Al-Ghadrian” did not conduct a special reading of the news of the assassination attempt, the details of which are still not final, and contented itself with its headline saying, “The failed attempt to assassinate the Iraqi Prime Minister by detonating a drone.”

As for “Voice of America” ​​radio, it indicated that “nobody claimed responsibility for the attack,” but added that the assassination attempt came in light of the confrontation between the security forces and militias loyal to Iran, whose supporters camped in front of the Green Zone after rejecting the results of the parliamentary elections, in which they lost about two-thirds. their seats.

The radio quoted Rang Alaeddin, a researcher in “Yerkings”, as saying that “the assassination attempt is a dramatic escalation, and crosses borders in an unprecedented manner and may have violent repercussions.”

butterfly   She indicated that some leaders of powerful militia factions, such as Qais Al-Khazali, held Al-Kazemi directly responsible for Friday’s confrontations between the security forces and the demonstrators. The first person responsible for this fraud.

I also mentioned a tweet by one of the leaders of the “Master of the Martyrs” in which he addressed Al-Kazemi without naming him, but warned him that he would not obtain a second term as prime minister.

As for “CNN”, it retrieved a tweet by the spokesman for “Kataeb Hezbollah” Abu Ali Al-Askari, in which he denied the brigades’ involvement in the assassination attempt, saying in return that Al-Kazemi “plays the role of the victim.”

In its expanded report on the incident, CNN pointed out that the President of the Kurdistan Region, Nechirvan Barzani, condemned this “terrorist act”, which constitutes a dangerous development that threatens the security and stability of the country, and called on all parties to exercise restraint and calm.   shafaq.com

butterfly   Al-Kazemi, after the assassination attempt, calls on everyone to calm down

Sunday 7 November 2021 | 03:32 AM    Al-Kazemi after the assassination attempt calls on everyone to calm downThe head of the daily caretaker government, Mustafa Al-Kazemi, said in his tweet to him, “I was and still is a redemption project for Iraq and the people of Iraq. The missiles of treachery will not discourage the believers, and a hair will not be shaken in the stability and insistence of our heroic security forces to preserve the security of the people, achieve the right and put the law in place. I am fine. I am fine.

Praise be to God, among my people, and I call for calm and restraint from everyone, for the sake of Iraq.A statement by the Security Media Cell referred to a failed assassination attempt against Al-Kazemi by a drone.   aynaliraqnews.com

butterfly   Political observers: Al-Kazemi’s announcement of his assassination attempt may have been orchestrated by Al-Kazemi himself, and for several reasons he knew!!

2021-11-07   Political observers - Al-Kazemis announcement of his assassination attempt may have been orchestrated by Al-Kazemi himself and for several reasons he knewPolitical observers believe that Prime Minister Mustafa Abdul Latif’s announcement distracted from his survival of an assassination attempt by a booby-trapped drone that targeted his house, but it was orchestrated by Al-Kazemi himself.

They explained that the reason for this is due to several goals, including the continuation of the policy of distraction and mixing papers that he has followed since his arrival to power.

As well as so that public opinion is preoccupied with the event to cover up the crime of killing peaceful demonstrators who refuse to rig the elections

And also to cover up the great sympathy of the Iraqi street, especially the Iraqi tribes, with the demonstrators and the fallen martyrs

They pointed out that it is a media whirlwind to condemn the demonstrators and the resistance, and also to take it as a justification to intensify the presence of the security forces and a justification for declaring a state of emergency.   burathanews.com

butterfly   A deputy accuses Blackshart of being behind the killing of protesters

2021-11-07   A deputy accuses Blackshart of being behind the killing of protestersOn Sunday, the winning independent deputy, Ali Turki Al-Jamali, accused the United Nations envoy to Iraq, Jenin Plasschaert, of being behind the killing of demonstrators in the vicinity of the Green Zone.

Al-Jamali said in a statement to “Al-Maalouma”, that “the two archenemy of Iraq, which are Blaschaert and Al-Kazemi’s tools, stand against the realization of the right,” noting that “the project that was run by Blaschaert is the conspiratorial project and the employment that Al-Kazemi be at the head of the government.”

He pointed out that “Blackshart and Al-Kazemi’s tools stand against the project to achieve the right by killing protesters with live bullets or burning tents.”

A member of the Sadiqoun bloc, former MP Muhammad Al-Baldawi, had confirmed earlier, that what happened the day before yesterday, Friday, is borne by the Commander-in-Chief of the Armed Forces.   burathanews.com

Dave   Wow.......Kazemi and the UN behind these shenanigans...........

butterfly   Dave Looks like things are about the same as when we started our investment.

Dave   butterfly baby steps..,,,, chew on that.....high in fiber

NORV   Zig    :Smoking:

Dave    NORV what ya be smokin today?

NORV  Rolled dinar! of course

Dave   lol......id prefer to eat....

NORV   eat dinar? hmm

Dave  and not go hungry.....

NORV   it burns good

Dave  after all these yrs ......id break into that stash a get a piece of pizza

NORV   open the fridge

NORV  where is ziggypoo?

Zig   NORV : Not posting much these days....tired of this whole thing....

NORV   I thought I was going to have to call the medical staff to look at him last wed. lol

NORV    think you reading guru nonsense again

NORV  * Breitling really stuck his foot in his mouth Thursday **

NORV  Thinks they devalued the dinar to pay off debt. Lol    when iraq's debt is in dollars not dinar lol

Dave    NORV Compare that to the USA's debt per capita

NORV   The real reason they devalued was to make imports cost more so it would stimulate the private sector and have economic growth within Iraq.

Dave  GO GCR.....

NORV   But he not smart enough to understand that

Dave  NORV Iraqs IQD worthless due to sanctions

NORV  Dave the dinar is not worthless..its worth 1470 to $1

Dave   ooops paper its printed on worthy more

NORV   Worthless means 0. And you could toss it into the garbage

Dave   TP a valuable asset....flush......

NORV   I dont see ebay prices as worthless

NORV   If they decided to LOP watch them run and scatter like ants

NORV   Zig is troubled

Dave   NORV    a neutral event......LOL

NORV  either drinking to much or went over the cliff looking for a RV

NORV  Dave Highly possible like most countries that have to remove zeros

Dave  NORV USA?

NORV   professors hosting symposiums at colleges last few weeks discussing subject with public

Dave  DINARD?

Dave  each American owes about 100k

NORV  Zig i come with asperin if that helps

Dave   Each Iraqi owes 2-3 K

NORV  Pretty foolish when Iraq has 100 trillion in circulation and a net worth of only $16 trillion dollars

Dave   NORV going hungry yet mattresses still stuffed

NORV  maybe you should learn from them, apparently it must make good bedding

Dave  Cant tell me how much IQD is held abroad....

Dave  I have a bunch of those brown notes

NORV  Zig next time you need a shrink, I charge $50 hr

NORV   Well it football time. See ya!

Dave  Zip should jump on that.......thats cheap.....but you get what you pay fer I suppose

Zig   NORV : :Moon: and :Tongue: ... :Angry:

Dave  thought you charge 7.95

Dave   inflation?

Zig   NORV : Shoo!!....Shoo!!.... :Kickout:

Dave  thats a field goal......3 pts

Dave  Zig but really......Now Kap suggesting a GCR.........?

Dave  Go Zim.......!

Butterfly   Iraq and Iran sign agreement to avoid double taxation

Sunday 07, November 2021 Minister of Finance Ali Allawi signed, in Tehran, with the head of the Iranian Tax Organization, Daoud Manzor, a new agreement between the two countries.

IRNA reported that the two sides signed an agreement today in the Iranian capital, Tehran, a memorandum of understanding related to avoiding the imposition of double taxes between the two countries.

She stressed that the signing of the memorandum of understanding came during their meeting, today, Sunday, in Tehran, an agreement that provides for cooperation in the field of exchanging information on taxes resulting from capital revenues, in order to facilitate procedures and remove obstacles related to the same matter, related to the course of trade cooperation between Iran. And Iraq. https://ninanews.com/Website/News/Details?key=937847

butterfly   Al-Fath: If The Homeland And The Citizen Were At The Top Of The Concerns, The Government Would Have Been Formed In One Week

2021/11/07 | 7:19 PM   Al-Fath - If The Homeland And The Citizen Were At The Top Of The Concerns The Government Would Have Been Formed In One Weekinformation / special

On Sunday, the Al-Fateh Alliance criticized the procrastination of the political blocs, presenting their interests to the interests of the people, and delaying the formation of the new government, considering this as “irresponsibility.”

A member of the coalition, Mukhtar al-Moussawi, said in a statement to the “Information” agency, that “if the political forces wanted national interests and serve the citizen, they would have sought to end the alliances within one week, but matters are related to political interests first and foremost.”

He added, “The political and factional interests that the parties are looking for in this government give a strong indication that the forces will not reach a final formula for alliances until the next 6 months.”

And he pointed out that “if the people and the country were in the eyes of the political forces, the new Iraqi government would have been formed in no more than two days, but the homeland and the citizen are the last concerns for some forces that hinder alliances and the formation of the government.” almaalomah.me

butterfly   Iraqi Dinar/US Dollar auction results for Monday 11-8-2021 executed today 11-7-2021

25k Iraqi Dinar notesThe results of the foreign currency sale window Monday 8/11/2021 and executed today

Announcement No. (4521)   Sale date – Monday 11/8/2021 and executed today  the details  the amount

Total sale for the purposes of strengthening balances abroad (remittances, credits)  128,816,275

Total cash sale  44,030,000     total total sales  172,846,275

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/1140

butterfly   Heavy flight of army aircraft in the skies of Baghdad

Monday 08 November 2021 The sky of the capital, Baghdad, witnessed, at dawn today, Monday, a heavy flight of army planes.

And the Security Media Cell announced, yesterday evening, Sunday, that the Iraqi army's aviation covers the skies of the capital, Baghdad. https://ninanews.com/Website/News/Details?Key=937916

 

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Butterfly 2021-11-07 05:26 Shafaq News/ The President of the Republic of Iraq, Barham Salih, met with the Prime Minister, Mustafa al-Kadhimi, in the aftermath of the drone attack that targeted his residence inside the heavily fortified Green Zone earlier today, Sunday.

According to a readout issued by his office, President Salih denounced the "cowardly terrorist attack" that aims to undermine Iraq's security and stability.

Zig’s Place Chatroom News Sunday AM 11-7-21

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Butterfly   2021-11-07 05:26   Shafaq News/ The President of the Republic of Iraq, Barham Salih, met with the Prime Minister, Mustafa al-Kadhimi, in the aftermath of the drone attack that targeted his residence inside the heavily fortified Green Zone earlier today, Sunday.

According to a readout issued by his office, President Salih denounced the "cowardly terrorist attack" that aims to undermine Iraq's security and stability.

Al-Kadhimi, for his part, said that he will "continue to implement reforms at every level and protect the constitutional and legal courses."

Another press release by the Prime Minister's bureau said that he received a series of phone calls from the leaders of neighboring countries who condemned the "coward attack" on his residence.

Al-Kadhimi received phone calls from the Jordanian king Abdullah ll, the Egyptian President Abdul-Fattah al-Sisi, the Lebanese Prime Minister Najib Mikati, and the Secretary-General of the Arab League Ahmed Aboul Gheit.

The leaders expressed their country's solidarity with Iraq, endorsement of its security and stability, and support to Al-Kadhimi's endeavors for reform and confronting terrorism.

A drone laden with explosives targeted Al-Kadhimi's residence inside the Green Zone, downtown the Iraqi capital Baghdad, early on Sunday in what the Iraqi military deemed an attempted assassination, but said al-Kadhimi escaped unhurt.

The attack, which security sources said injured several members of al-Kadhimi’s personal protection team, came after protests in the Iraqi capital against the general election results turned violent.

No group immediately claimed responsibility for the attack on al-Kadhimi’s residence in Baghdad’s fortified Green Zone, which houses government buildings and foreign embassies.

Supporters of Iran-aligned armed groups which have grown their power in parliament and government in recent years have protested the results of the October election.

butterfly   Demonstrations by their supporters turned violent on Friday when protestors pelted police with stones near the Green Zone, injuring several officers.

The police responded with tear gas and live gunfire, killing at least one demonstrator and wounding hundreds, according to security and hospital sources in Baghdad. https://www.shafaq.com/en/Iraq-News/After-the-attack-on-his-residence-al-Kadhimi-hosts-Salih-and-receives-phone-calls-from-Arab-leaders

butterfly   I won't post all of the calls from the other countries, but there were a lot.

butterfly   Security tension contributes to the rising USD exchange rates https://www.shafaq.com/en/Economy/Security-tension-contributes-to-the-rising-USD-exchange-rates 2021-11-07 03:27

Shafaq News/ A government source attributed the rise of the U.S. dollar (USD) exchange rates against the Iraqi dinar (IQD) to the security tension the Iraqi capital, Baghdad, has been witnessing over the past few days.

The source told Shafaq News Agency that the demand overwhelms the supply at the Central al-Kifah exchange.

"The exchange shops are retaining the USD. The citizens also resorted go to buy the USD for fear from the unstable conditions," the source said, "the cash sales of the Central Bank of Iraq, around 50 million dollars daily, have nearly a nill impact on the market."

"The USD exchange rates might witness a further rise in the tension persists," the source continued.

A drone laden with explosives targeted Al-Kadhimi's residence inside the Green Zone, downtown the Iraqi capital Baghdad, early on Sunday in what the Iraqi military deemed an attempted assassination, but said al-Kadhimi escaped unhurt.

The attack, which security sources said injured several members of al-Kadhimi’s personal protection team, came after protests in the Iraqi capital over the result of a general election last month turned violent.

No group immediately claimed responsibility for the attack on al-Kadhimi’s residence in Baghdad’s fortified Green Zone, which houses government buildings and foreign embassies.

Supporters of Iran-aligned armed groups which have grown their power in parliament and government in recent years have protested the results of the October election.

Demonstrations by their supporters turned violent on Friday when protestors pelted police with stones near the Green Zone, injuring several officers.

The police responded with tear gas and live gunfire, killing at least one demonstrator and wounding hundreds, according to security and hospital sources in Baghdad.

butterfly   USD/IQD exchange rates notch in Baghdad, Erbil https://www.shafaq.com/en/Economy/USD-IQD-exchange-rates-notch-in-Baghdad-Erbil 2021-11-07 02:26

Shafaq News/ The U.S. dollar (USD) exchange rates against the Iraqi dinar (IQD) slightly rose in Baghdad on Sunday.

Shafaq News Agency correspondent said that the Central al-Kifah and Al-Harithiya exchanges are trading the USD at a rate of 148,200 IQD to 100, 100 IQD above Saturday.

Our correspondent said that the buying and selling rates of 100 USD in the local markets of the Iraqi capital stood at 148,750 and 147,750 IQD, respectively.

In the capital of the Kurdistan Region, the USD rates took the apposite way, registering 148,700 (buying) and 1478,300 (selling) IQD for every 100 USD.

butterfly   Bill Gates' Predictions For The Future Of Oil Giants

LAST UPDATE 11/07/2021 | 4:47 PM   As the world moves away from conventional fuels, amid adoptions of clean, renewable energy sources, the oil giants who have dominated markets for more than a century may be in trouble, Microsoft co-founder said briefly at the COP26 climate summit in Glasgow, Scotland.

"Some of these giants are going to fall," Gates said. The Microsoft co-founder is an outspoken advocate of investing in renewable energy and green technologies.

Gates argues that 30 years from now, some of these oil companies will be of very little value.

Companies such as ExxonMobil, BP and Shell have seen their stock prices plummet over the past five years — especially at the start of the Covid-19 pandemic, which crippled oil demand and led to huge losses for even the largest oil and gas companies.

Exxon Mobil, the largest US oil and gas producer, lost $20 billion last year. The company's market value is still more than $275 billion, but as countries like the United States shift their energy policies to combat climate change, and the auto industry moves toward an electric future, investors are becoming more skeptical about the future of oil stocks.

Gates said at the press conference that major oil companies that direct their business towards forms of renewable energy have a chance to survive.

Gates believes that oil companies can shift their businesses relatively easily from conventional fuels to cleaner energy sources. He cited low-carbon hydrogen - which, when burned, emits less carbon into the air than today's greenhouse gases - as a possible example.

butterfly   "We have pipeline infrastructure in the United States that could potentially be modified to transport hydrogen," Gates added.

On the contrary, his investment record does not indicate optimism. In his latest book, How to Avoid Climate Catastrophe, Gates wrote that in 2019, he divested all of his “immediate holdings in oil and gas companies, as did his Bill and Melinda Gates philanthropic foundation.” https://almaalomah.me/2021/11/07/562967/

butterfly   Al-Fatlawi: We Demand A Handprint For 10% Of The Votes That Were Canceled

LAST UPDATE 11/07/2021 | 5:41 PM   On Sunday, Fadel Al-Fatlawi, a representative from the Al-Fateh Alliance, renewed the demand to show the handprint of some voters in addition to the manual counting and sorting.

Al-Fatlawi said, in a statement to the "Information Agency", that "the Electoral Commission is facing a difficult challenge, either to prove that it is with the citizen by revealing the facts, specifically what happened in some centers that announced the failure of their devices without warning."

He added, "10 percent of the voters did not show their information in the biometric devices, and they were later accused of declaring the devices malfunctioning without extending the time and compensating them by voting for their candidates."

He pointed out that “this matter has become a basic requirement in addition to the demands of the total manual counting and sorting for the coordinating framework forces that oppose the election results to start the stage of preparing for the formation of political alliances.” https://almaalomah.me/2021/11/07/562992/

Dave   Rigged elections. violent demonstrations and assignation attempts.......the sore losers trying hard to TRUMP Sadr forming his new Govt......seems everytime they try to move forward another crisis occurs......

butterfly   Iraq buys a quantity of gold and maintains its global rank in possession of the yellow metal

2021-11-07 08:09   Iraq buys a quantity of gold and maintains its global rank in possession of the yellow metalShafaq News/ The World Gold Council announced on Sunday that Iraq maintained its 39th position globally for the fourth consecutive month and the fifth in the Arab world as the largest gold reserve in the world, indicating that Iraq bought two kilograms of gold in April.

The council said in its latest schedule for the month of November of 2021, which was seen by Shafak News Agency, that “Iraq bought 2 kilograms of gold last April after it sold the same amount in January of 2021.”

He added, “Iraq maintained its position of 39 globally for the fourth consecutive month out of 100 countries listed in the table as the largest gold reserves, with its gold holdings reaching 96.4 tons, which represents 9% of the rest of its other reserves.”

He pointed out that “Iraq also maintained its fifth rank in the Arab world, after Saudi Arabia, Libya, Algeria and Lebanon,” noting that “the total possession of gold in the five Arab countries amounts to 996.5 tons.”

He pointed out that “the highest gold reserves in the world, the United States of America came first with a rate of 8,133 thousand tons, followed by 3,259 thousand tons, and then 2,451 thousand tons, while Suriname ranked 100, with 1.5 tons, preceded by Yemen, with 1.6 tons.”

It is noteworthy that the World Gold Council, which is headquartered in the United Kingdom, has extensive experience and deep knowledge of the factors that cause market change, and its members consist of the largest and most advanced gold mining companies in the world.   shafaq.com

butterfly   Iraq’s oil exports to America rise to about 6 million barrels in a month

2021-11-07 08:05   Iraqs oil exports to America rise to about 6 million barrels in a monthShafaq News/ The US Energy Information Administration announced on Sunday that Iraq’s oil exports to America rose to nearly 6 million barrels last October.

The administration said in its schedule, seen by Shafak News Agency, that “Iraq exported crude oil to America during the month of October, 5 million and 952 thousand barrels, at an average of 192 thousand barrels per day,” up from the month of September, in which Iraqi oil exports to America amounted to about “1.5 million barrels, at an average of 50,000 barrels per day.

He added that “Iraq exported crude oil to America during the first week of October at a rate of 188 thousand barrels per day, while an average of 239 thousand barrels per day was issued in the second week, and an average of 155 thousand barrels per day was issued in the third week,” explaining that “the fourth week amounted to 187 thousand barrels.

And the US Energy Information Administration stated that “Iraq came in fifth place as the largest exporter to America after Canada, Mexico, Saudi Arabia and Colombia, and ranked second in the Arab world after Saudi Arabia, whose exports to America during the month of October reached 10 million and 509 thousand barrels per day,” noting that “Canada ranked in the rank The first as the most oil-exporting country to America, followed by Mexico.      shafaq.com

butterfly   A rise in the price of the dollar with the closure of Baghdad markets

2021-11-07 06:42   A rise in the price of the dollar with the closure of Baghdad marketsShafaq News/ The exchange rates of the dollar rose against the Iraqi dinar today, Sunday, with the closure of the main stock exchange in Baghdad.

Shafak News Agency’s reporter said that the Al-Kifah and Al-Harithiya Central Stock Exchange closed in Baghdad at 148,250 Iraqi dinars for $100.

While the prices this morning were 148,200 Iraqi dinars for $100.

Our correspondent indicated that buying and selling prices have stabilized in banking shops in the local markets in Baghdad, where the selling price amounted to 148,750 Iraqi dinars, while the purchase prices amounted to 147,750 dinars per 100 US dollars.  shafaq.com

butterfly   “State Forces” put the name of Al-Abadi as a “consensual” candidate for prime minister

2021-11-07 07:57  State Forces put the name of Al-Abadi as a consensual candidate for prime ministerShafaq News/ A source in the State Forces Alliance headed by Ammar al-Hakim revealed on Saturday that Haider al-Abadi’s name is being proposed as a compromise candidate for prime minister in the next government.

The source told Shafaq News Agency, “The Alliance of National State Forces supports Haider al-Abadi’s assumption of the position of prime minister in the next stage,” explaining that “Al-Abadi has now become a consensual candidate for the Shiite forces and enjoys strong support and support from the head of the State Forces Alliance, Ammar al-Hakim, to take over the position.”

He added, “The leader of the Sadrist movement, Muqtada al-Sadr, and the leaders of the coordination framework (Hadi al-Amiri, Qais al-Khazali, and Faleh al-Fayyad) confirmed that they did not object to al-Abadi taking the position of prime minister.”      shafaq.com

butterfly   The leader of Al-Fateh indicates a “third party” who tried to assassinate Al-Kazemi

2021-11-07 07:52 The leader of Al-Fateh indicates a third party who tried to assassinate Al-KazemiShafaq News/ The leader of the Al-Fateh Alliance, Hadi Al-Amiri, said on Sunday that a “third party” was behind the attempt to assassinate Iraqi Prime Minister Mustafa Al-Kazemi, calling for his disclosure, “whatever.”

Al-Amiri said in a statement received by Shafaq News Agency, “We strongly condemn the targeting that took place last night at the home of the Prime Minister,” calling on “the competent authorities to investigate the matter, verify the facts, reveal who is behind it, and hold him accountable, whoever it is.”

Al-Amiri warned that “a third party is behind the event in order to mix the cards and create sedition.”

Iraqi Prime Minister Mustafa Al-Kazemi announced that he had been subjected to a failed assassination attempt at dawn today, Sunday (October 7), at a time when the security authorities indicated that the attempt was carried out through three drones, two of which were shot down.   shafaq.com

 

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butterfly Al-Fateh Leader: Election Fraud Is No Longer In Doubt, But Rather Documented

11/6/2021 – 3:33 PM Al-Fateh Leader - Election Fraud Is No Longer In Doubt But Rather DocumentedThe Al-Fateh Alliance Revealed, On Saturday, That There Are Other, Unannounced Options That Will Be Taken After The Final Results Of The Elections Are Announced.

The Leader Of The Coalition, Muhammad Al-Bayati, Said In A Press Statement That Al-Ahed News Followed That “The Fraud In The Elections Is No Longer In Doubt, But Is Documented And Has Become Evidence And The Decision Of The Supreme Judicial Council Is The Final One.”

Zig’s Place Chatroom News Saturday PM 11-6-21

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butterfly   Al-Fateh Leader: Election Fraud Is No Longer In Doubt, But Rather Documented

11/6/2021 – 3:33 PM   Al-Fateh Leader - Election Fraud Is No Longer In Doubt But Rather DocumentedThe Al-Fateh Alliance Revealed, On Saturday, That There Are Other, Unannounced Options That Will Be Taken After The Final Results Of The Elections Are Announced.

The Leader Of The Coalition, Muhammad Al-Bayati, Said In A Press Statement That Al-Ahed News Followed That “The Fraud In The Elections Is No Longer In Doubt, But Is Documented And Has Become Evidence And The Decision Of The Supreme Judicial Council Is The Final One.”

He Pointed Out That “The Evidence Owned By The Parties Can Be Revealed In Front Of The Media And The Press, Or Through The Portal Of The Supreme Reference.”

He Pointed Out That “All Forces, During Their Current Understandings, Cannot Conclude Any Alliance Except After Consensual Talks Are Held Within The Shiite House And Then Open Up To The Sunnis And The Kurds.” alahadnews.net

butterfly   Commission: Tomorrow all stations will be completed, the matter will be resolved, and all cases will be submitted to the judicial authorities

06-11-2021 05:18 PM    Commission - Tomorrow all stations will be completed the matter will be resolved and all cases will be submitted to the judicial authoritiesToday, Saturday, the Independent High Electoral Commission announced the date for the completion of the process of re-counting and manual counting in all stations, while setting a date for announcing the final results of the elections.

A member of the Commission’s media, Imad Jamil, said in a statement that “the appeals appendices included only 11 governorates, and there are 7 governorates that did not file appeals supplements.”

He added, “The commission has completed five governorates, which are Babil, Karbala, Najaf, Diyala and Baghdad on both sides of Karkh and Rusafa,” noting that “tomorrow, the commission will complete the governorates of Nineveh, Salah al-Din, Basra, Kirkuk and Dhi Qar, in addition to the migrant stations in Dohuk, which are 44 stations, as well as Voices of the displaced in Nineveh.

He stressed, “The Commission will complete all stations tomorrow, will resolve the issue, and will file all cases to the judicial authorities.”

He pointed out that “after the judicial authority has completed the appeals submitted to it, the commission can announce the final results of the elections,” stressing that “there is no pressure exerted on the commission, whether internally or externally.”   dijlah.tv

butterfly   Chihod Clarifies The Scenarios For Forming The Government And The Closest To Implementation

11/04/2021 | 11:58 PM   A member of the State of Law coalition, Muhammad Al-Sayoud, explained the scenarios for forming the next government, pointing out that the coordination framework may go with the Sadrist bloc to choose the prime minister and then ally with the Kurds and Sunnis to form the government.

Chihod told Al-Maalouma, “The parties objecting to the election results are still waiting for the final appeals to be finalized and resolved by the Commission, and then the reactions will be based on them.”

He added that “the scenarios for the next stage may be towards the Sadrist bloc going with the Sunni and Kurdish forces towards forming a government, and this matter is very unlikely.”

He continued: “The other scenario is that the coordination framework with the Sunni and Kurdish forces goes towards forming a government, and this is possible, but it will not witness any political stability, in addition to the fact that the government will not be able to carry out its duties completely freely.”

Chihod suggested that “the coordination framework goes with the Sadrist bloc to form the largest bloc in number, from which the prime minister emanates, and then they ally themselves with the Kurdish and Sunni forces to form the government.” finished 25   almaalomah.me

Sheila   In case anyone is wondering about the 1T Infrastructure Bill passed by House today:

Sheila   Good one:

1lonegunman,   https://twitter.com/disclosetv/status/1457136209889742851?s=20

Sheila   DISCERNMENT ADVISED: Reports state that the First basket contains: Afghanistan Afghani (AFN), Kuwait I Dinar (KWD), US Dollar (USD), Russian Ruble (RUB), Chinese Renminbi, or Yuan (CNY), UK British Pound/Pound Sterling (GBP), Qatar I Rial (QAR), UAE Emirate Dinar (AED), India Rupee (INR); Indonisian Rupiah (IDR), Canadian Dollar (CAD), Mexican Peso (MXN), Venezuela Bolivar (VEB), Brazil Real (BRL), Saudi Arabia Riyal (SAR), Malaysian Ringgit (MYR), Iranian Rial (IRR), Iraqi Dinar (IQD), Vietnamese Dong (VND), and Zimbabwe ZIM/Bond

 

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Butterfly This is what I have been saying since the 60's........................

OPEC determines Iraq's share of daily oil production

Saturday 06 November 2021 ................................. The Organization of the Petroleum Exporting Countries (OPEC) announced, on Saturday, that the share of Iraq's oil production was set at 4.237 million barrels per day during the month of December, after the OPEC + agreement to increase 400 thousand barrels per day.

The organization indicated that "the production quota for Iraq for the month of December was set at 4.237 million barrels per day, an increase of 44,000 barrels per day over the quota for the month of November of 4.193 million barrels per day, and an increase of 88 thousand barrels per day over last October."

Zig’s Place Chatroom News Saturday AM 11-6-21

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

Butterfly   This is what I have been saying since the 60's........................

OPEC determines Iraq's share of daily oil production

Saturday 06 November 2021 .................. The Organization of the Petroleum Exporting Countries (OPEC) announced, on Saturday, that the share of Iraq's oil production was set at 4.237 million barrels per day during the month of December, after the OPEC + agreement to increase 400 thousand barrels per day.

The organization indicated that "the production quota for Iraq for the month of December was set at 4.237 million barrels per day, an increase of 44,000 barrels per day over the quota for the month of November of 4.193 million barrels per day, and an increase of 88 thousand barrels per day over last October."

And she added, "The production of both Saudi Arabia and Russia was set at 10.018 million barrels per day, during the month of December, an increase of about 105 thousand barrels per day from the current month of November, and the UAE's production share increased by 30 thousand barrels per day, to reach 2.885 million barrels." daily for the next month.

She pointed out that "OPEC's share of the planned increase of 400,000 barrels per day in December will amount to 253,000 barrels to reach 24,300 million barrels per day, while the share of the increase in allied with OPEC will reach 147,000 barrels to reach 15,794 million barrels per day."

And OPEC + agreed, during its meeting last Thursday, to increase its oil production by 400,000 barrels per day, according to the previously agreed schedule. https://ninanews.com/Website/News/Details?key=937431

Sheila   Wonder how much of this will come to be true? -- Listen to the Podbean and follow along with the transcript from these two links: https://nicksintel.wordpress.com/2021/11/05/11-05-2021-telegram-live-call-notes/ -- and -- https://www.podbean.com/media/share/pb-zkhy3-1123b21

butterfly   Relative stability of the dollar exchange rates in the local markets

Saturday 06 November 2021 The dollar exchange rates witnessed, on Saturday, relative stability in the main stock exchange and local markets in the capital, Baghdad.

Today, the dollar exchange rate on the Central Kifah Stock Exchange in Baghdad was 148,100 dinars, compared to 100 dollars.

And the prices of buying and selling dollars have stabilized in exchange companies and local markets in Baghdad, as the selling price amounted to 148,500 dinars, while the purchase prices amounted to 147,500 dinars, compared to 100 dollars. https://ninanews.com/Website/News/Details?key=937422

Sheila   House Passes 1T Infrastructure Bill -- https://www.youtube.com/watch?v=wjuhRM_UUbQ

butterfly  Iraq Ratifies Paris Agreement on Climate Change 6th November 2021 Iraq has officially ratified the Paris Agreement on Climate Change.

The Agreement will enter into force for Iraq on 1st December 2021.

The Paris Agreement is an international treaty on climate change, adopted in 2015. It aims to keep the rise in mean global temperature to well below 2 degrees Celcius above pre-industrial levels, and preferably limit the increase to 1.5 degrees Celcius.

The official notification from the UN can be read here.    (Source: UN) https://treaties.un.org/doc/Publication/CN/2021/CN.358.2021-Eng.pdf

butterfly   Iraq elections As Sadr seeks full control, Maliki woos his bruised opponents https://www.shafaq.com/en/Report/Iraq-elections-As-Sadr-seeks-full-control-Maliki-woos-his-bruised-opponents

butterfly   Crowds flood toward the Green Zone to protest the election results 2021-11-06 07:44

Shafaq News/ Demonstrators protesting the election results are marching the streets of the Iraqi capital, Baghdad, heading towards the heavily fortified Green Zone, since noon today, Saturday.

Shafaq News Agency correspondent said that the demonstrators are flooding toward the Green Zone gate through the roads of al-Khallani square, al-Sanak, al-Jumhoriyah.

"No bridges or roads were blocked near the Green Zone. The security forces only shifted the course of traffic," a security source said.

At least a person perished, and 346 were injured in clashes between the demonstrators and the security forces near the entrances of the heavily fortified Green Zone in Baghdad.

Protests against the results of Iraq's recent parliamentary election turned violent on Friday, with hundreds of supporters of pro-Iran political groups clashing with security forces in the capital Baghdad near the heavily fortified Green Zone.

Supporters of the pro-Iranian groups, which suffered large losses in the polls, threw stones at security forces, which in turn fired tear gas and live rounds in the air to disperse the crowds.

The clashes erupted late on Friday when hundreds of demonstrators, divided into several groups, tried to cross Al-Jumhuriya Bridge, which leads to the Green Zone.

A second group tried to cross a suspension bridge leading to the Green Zone from an opposing side but were prevented from doing so by security forces.

Footage broadcast on pro-Iran channels on the messaging app Telegram showed security forces firing tear gas and burning trees near the Green Zone to prevent the angry mob from advancing.

In an attempt to quell the situation, several political leaders, including Ammar al-Hakim, leader of al-Hikma movement; Haider al-Abadi, the former prime minister; Hadi al-Amiri, leader of the Badr Organization; and Qais al-Khazali, leader of Asa'ib Ahl al-Haq - called for calm.

butterfly   he Commander-in-Chief of the Armed Forces, Prime Minister Mustafa al-Kadhimi, on Saturday instructed establishing an advanced headquarters to secure the gathering of the demonstrators protesting the election results in the aftermath of yesterday's violent clashes downtown Baghdad.

A statement by the Joint Operations Command said that the headquarters will be run by a senior officer, in addition to a group of officers representing several security agencies, including al-Hashd al-Shaabi (Popular Mobilization Forces-PMF).

The Joint Operations Command urged the demonstrators to practice their freedom of expression within the framework of the constitution and the security forces to exhibit self-restraint, professionalism, and commitment to human rights. https://www.shafaq.com/en/Iraq-News/Crowds-flood-toward-the-Green-Zone-to-protest-the-election-results

butterfly   Gold Prices Rise To Their Highest Level In Two Months

11/06/2021 | 2:22 PM   Gold rose more than 1%, today, Saturday, to approach its highest level in two months, as the reluctance of major central banks to change interest rates this week increased demand for the metal, which is considered a safe haven.

And gold rose in immediate transactions 1.4% to $ 1816.7 an ounce, recording an increase after falling 0.3%, as a result of data showing that employment in the United States increased more than expected in October.

US gold futures for December delivery also rose at a settlement of 1.3%, recording $1816.80 an ounce.

Among other precious metals, spot silver rose 1.2% to $24.05 an ounce.

Platinum rose 0.7 percent to $1,032.71 an ounce, and palladium rose 1.3 percent to $2,025.32 an ounce. https://almaalomah.me/2021/11/06/562676/

butterfly   New Report: A Quarter Of US Congress Members Invest In Oil

11/06/2021 | 4:39 PM  A report by the US Common Dream website revealed that one out of every four members of the US Congress are investors in oil and fossil fuels, which may represent a major obstacle in the way of US President Joe Biden's agenda regarding mitigating pollution, climate issues and global warming.

The report, translated by the "Information" agency, stated that "Biden presented at the climate summit held in Paris an ambitious plan in which the United States pledged to cut greenhouse gas emissions in half by 2030, but the problem is that he will need members of Congress to pass legislation restricting fossil fuels, which is An industry in which dozens of senators and their families are personally investing.”

He added, "At least 28 families of US Congress members work in the oil, coal and other industries, where each family of the Democratic and Republican parties owns at least 3.7 million dollars in industry and at least 12.6 million dollars in oil-related investments."

He continued, "It is truly ironic that at least six senators who have personally invested in the fossil fuel industry are on the environment or climate committees at the top of the Senate."

Senators have often worked to remove and disrupt any environmental or clean energy provisions from budget settlement legislation to protect their personal investments, which will put Biden's credibility on the line after the climate summit. https://almaalomah.me/2021/11/06/562724/

 

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butterfly Chihod Clarifies The Scenarios For Forming The Government And The Closest To Implementation

11/04/2021 | 11:58 PM Chihod Clarifies The Scenarios For Forming The Government And The Closest To Implementation Information / Baghdad…

A member of the State of Law coalition, Muhammad Al-Sayoud, explained the scenarios for forming the next government, pointing out that the coordination framework may go with the Sadrist bloc to choose the prime minister and then ally with the Kurds and Sunnis to form the government.

Zig’s Place Chatroom News Friday Evening 11-5-21

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butterfly   Chihod Clarifies The Scenarios For Forming The Government And The Closest To Implementation

11/04/2021 | 11:58 PM   Chihod Clarifies The Scenarios For Forming The Government And The Closest To Implementation Information / Baghdad…

A member of the State of Law coalition, Muhammad Al-Sayoud, explained the scenarios for forming the next government, pointing out that the coordination framework may go with the Sadrist bloc to choose the prime minister and then ally with the Kurds and Sunnis to form the government.

Chihod told Al-Maalouma, “The parties objecting to the election results are still waiting for the final appeals to be finalized and resolved by the Commission, and then the reactions will be based on them.”

He added that “the scenarios for the next stage may be towards the Sadrist bloc going with the Sunni and Kurdish forces towards forming a government, and this matter is very unlikely.”

He continued: “The other scenario is that the coordination framework with the Sunni and Kurdish forces goes towards forming a government, and this is possible, but it will not witness any political stability, in addition to the fact that the government will not be able to carry out its duties completely freely.”

Chihod suggested that “the coordination framework goes with the Sadrist bloc to form the largest bloc in number, from which the prime minister emanates, and then they ally themselves with the Kurdish and Sunni forces to form the government.” finished 25   almaalomah.me

butterfly   Al-Kazemi’s Advisor Recommends Transferring Kuwait’s Compensation To Savings And Investment

LAST UPDATE 11/05/2021 | 3:15 PM   Adviser to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, recommended, today, Friday, that the deducted financial flows of Kuwait’s compensation be transferred to savings and investment.

Saleh said in a statement to the Iraqi News Agency (INA): "The money that has been going outside the national economic cycle in the form of war compensation since 1996, and amounted to $52.4 billion, will turn its deducted annual flows to serve the interest of the national economy, especially in achieving a financial space in resources." Sovereignty of Iraq, with an average of no less than two billion dollars annually, according to the current oil prices, to contribute to enhancing Iraq’s financial sustainability.

He added: “I find it necessary to maintain the path of the transformation of the amounts corresponding to compensation to be savings that flow into the national economy cycle, especially the trend towards financing income-generating investment projects,

which is a positive cumulative development process that leads to the promotion of growth in the gross domestic product at accelerated rates, after the war compensations were It constituted a negative deduction and a drain on the national income cycle and over the past three decades,

as Iraq paid a high direct price in it between war compensation and the costs of inspection teams, and indirect costs represented in the destruction of Iraq’s infrastructure due to the operations of the previous Gulf War, reckless war conflicts and disruption of economic growth opportunities that all formed The costs and burdens may be ten times more than the compensation amounts mentioned.”

butterfly   Saleh concluded that "the shift from the political economy of the war that Iraq fought between 1990-2003, to the political economy of peace means a shift towards development, progress, stability and building prosperity in a new Iraqi era." https://almaalomah.me/2021/11/05/562521/

butterfly   Al-Bawi: Matching Election Results Remind Iraqis Of The Dictatorship Experience

LAST UPDATE 11/05/2021 | 12:48 PM   The political analyst Hazem Al-Bawi said that the Iraqi memory has been charged since the era of the former dictatorship with the issue of matching the election results.

Al-Bawi said in a statement to "Al-Maalouma", that "Iraqis today are joking about the identical results during the Saddam era, the extermination of 99.9 percent, and they remember it with strong disapproval, and that the Electoral Commission did not take a lesson from this major lie to go further than that in emphasizing that the results of a practical re-run The manual counting and sorting were 100% identical in all the stations under challenge.”

Al-Bawi was surprised that this claim was attributed to the majority of supporters of the commission's work, which has become the subject of great political and popular controversy.

He considered that "the elections, due to the performance of this commission, have become part of the crisis after it was hoped that they would be part of the solution, indicating that the political blockage and the upcoming chaos as a result of this suspicious performance." https://almaalomah.me/2021/11/05/562476/

Dave    butterfly happy with a plug Nickle here

butterfly   Surprise Surprise all will love a surprise.

butterfly   Dave did you read what that economist (article) said about the CBI?

butterfly   I posted it just for you.

Dave   economists...a dime a dozen.....   aint cbi......

butterfly   ok........each his own my dear.

Dave   Read Iraqi's are with out food........Time to unstuff those mattresses.....

Dave   Imagine going hungry fer well over a decade and having a mattress stuffed with cash

Dave   butterfly read this.......? https://dinaroutcast.forumotion.com/t8931-cbi-iraq-plans-to-issue-a-new-currency-in-50-dinars-after-deletion-of-zeros#19896

Dave   my translation,,,,,,25k notes to 25 dinar notes.....not to exceed 22$.......and mention of fils.......

Dave   a Lop....with Fils..........???????  100 trillion dinar in circulation?

Dave   I suppose they maybe a few of us Dinarians that hold a few notes......Are those considered to be in circulation......or just in limbo......

Dave   Oddly enough I can get the equivalent of 10K cdn of most any tradeable currency in the World at any Forex kiosk immediately.........wonder where all that comes from......

butterfly   Dave I already have the 50 dinar notes. Have had them for many years.

Dave  butterfly thanx fer the articles on CBI's near daily currency auctions...read much on that on how eliminating that would curb all the money laundering.........going digital would help.......just not quite there yet

Dave   butterfly got some brown ones too

butterfly   Dave The chat you posted is 10 years old

Dave  butterfly RE:....DELETE the 3 fRIGGIN ZERO PROJECT

butterfly   You posted at 3:07

Dave  yes...your take?  fils in that lop?????   mentioning fils would be contrary … enhancing purchasing power...

butterfly   Ten years ago it is hard for even me to remember what I said. As it states in that chat........there is NO url, only opinion........and you know we all have opinions.

Dave  butterfly have argued this with KAp fer yrs

butterfly   One must realize that it is worthless.

Dave   I have brought links direct from CBI......

butterfly   You are arguing with a "username".

Dave   algorithm???

Dave   butterfly CBI has been my ONLY GURU …  sadly never gave a date or rate.....did mention RESTORE on many occasions

butterfly   I know I know......just move on and let it happen is the best I can give you and others

Dave  butterfly At let Kap convince poor Zig to Sell the farm before its to late based only on his personal opinion

butterfly  Opinions are just that.......O P I N I O N S

Dave  OPINIONS from CBI give me reassurance....kap not so much …..  speak of the Devil.......

butterfly   I will say and then I am through. My now dead VN Vet told me when I got into this, what the CBI, they determine the value of all currencies. There I am done. I have things to take care of. Nice chatting with ya Dave

butterfly   "watch" the CBI....not...what the CBI

Dave   butterfly BINGO....   CBI has said little on this in the last year Dave   ......and why should they....Still Ch 7 sanctions......till done with Kuwait at least

Dave   still no Private Banking laws in force to protect foreign investment.....still waiting on the final vote on that.........

Dave   even sadder is that they have yet to pass any law germane to our investment.......other than the Supreme Federal Courts.........We shall soon see how this will play out

NORV  Dave Yes! Dave for once we agree. Not only banking but investment laws.

NORV   Gotta go...have fun weekend!

 

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Butterfly Economist: Reducing The Dollar Exchange Rate Is Exclusively In The Hands Of The Governor Of The Central Bank

LAST UPDATE 11/04/2021 | 11:27 AM The economic expert, Nabil Jabbar Al-Ali, confirmed, on Thursday, that the decision to change and determine the foreign exchange rate is in the hands of the Governor of the Central Bank exclusively, noting that the bank is responsible for monetary policy.

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Butterfly   Economist: Reducing The Dollar Exchange Rate Is Exclusively In The Hands Of The Governor Of The Central Bank

LAST UPDATE 11/04/2021 | 11:27 AM   The economic expert, Nabil Jabbar Al-Ali, confirmed, on Thursday, that the decision to change and determine the foreign exchange rate is in the hands of the Governor of the Central Bank exclusively, noting that the bank is responsible for monetary policy.

Al-Ali said, in a statement to "The Information", that "returning the dollar exchange rate to its previous state is the exclusive competence of the Governor of the Central Bank, and there is no government or regulatory authority involved in this."

He added, that the Central Bank is able to take a decision to change the price without restrictions or conditions, as it is independent and is responsible for drawing monetary policies in Iraq.

Al-Ali pointed out that “the government and parliament cannot force the central bank to change the foreign currency exchange rate.”

The economic expert, Younis Al-Kaabi, had confirmed earlier, that the central bank can gradually reduce the price of the dollar.  https://almaalomah.me/2021/11/04/562278/

Doug_W  butterfly GM we were worried about U

UNEEK   butterfly yeah where you been for 2 days?

butterfly   I have received information for me and at this time I can't tell you what it is, but I was doing the happy dance.

Sheila  butterfly woohoo

UNEEK   butterfly great happy for you

butterfly   When I receive what I have been told, I will be leaving KY and head to MI and set up some important things.

Doug_W   butterfly GL

butterfly   It could have happened in warming weather, but hell I'll take it

butterfly   I have been in personal contact and I wished I could have involved all of you, but I wanted to make sure it was true but from what I've been told, others have already received theirs.

Sheila   butterfly thank you for sharing

butterfly   USPS will probably hold it up as they did with a 2 day delivery that took 7 days.

Doug_W    butterfly I had a 3 day that took 8

butterfly   I ask Zig to post that article I sent him, but he is in hiding and has given up on the dinar. Never ever give up, there are things that will happen when you least expect it. As you all know I have been in this for a very long time and as you all should know, by now, I am not a naysayer, just someone that believes in things will happen when they are suppose to happen.

Doug_W   and IF butterfly

butterfly   Doug_W I won't go political, but DeJoy needs to be removed. We have a lot of elders that rely daily on the USPS and when I went to the UPS they said they have received more business since he took office.

Doug_W   agreed

butterfly   A lot of elders receive their meds through the USPS and have not. That angers me but I have no control over that.

Doug_W   I do from VA

butterfly   Just heard last night that another neighbor was just put on the ventilator.

butterfly   As I stated many times, no president of the US has control of the gas prices and this article just proved what I have been saying.............

Oil prices rise after “OPEC +” ignores an American call

Friday 05 November 2021 Oil prices rose today, Friday, to compensate for some of its losses, after the “OPEC +” group rejected an American call to increase supplies and agreed to stick to plans for a gradual return to production that had stopped due to the Corona pandemic.

Brent crude rose 82 cents, or just over one percent, to $81.36 a barrel, after losing about two percent on Thursday.

While US crude increased by 97 cents, or 1.25 percent, to $ 79.78 a barrel, after losing 2.5 percent in the previous session.

And “OPEC +” agreed at a meeting yesterday, Thursday, to adhere to plans to increase oil production by 400,000 barrels per day from December 2021, ignoring US President Joe Biden’s call to increase supplies to curb the rise in prices. https://ninanews.com/Website/News/Details?key=937205

butterfly   Take the time to re-read this article again:

Economist: Reducing The Dollar Exchange Rate Is Exclusively In The Hands Of The Governor Of The Central Bank

LAST UPDATE 11/04/2021 | 11:27 AM   The economic expert, Nabil Jabbar Al-Ali, confirmed, on Thursday, that the decision to change and determine the foreign exchange rate is in the hands of the Governor of the Central Bank exclusively, noting that the bank is responsible for monetary policy.

Al-Ali said, in a statement to "The Information", that "returning the dollar exchange rate to its previous state is the exclusive competence of the Governor of the Central Bank, and there is no government or regulatory authority involved in this."

He added, that the Central Bank is able to take a decision to change the price without restrictions or conditions, as it is independent and is responsible for drawing monetary policies in Iraq.

Al-Ali pointed out that “the government and parliament cannot force the central bank to change the foreign currency exchange rate.”

The economic expert, Younis Al-Kaabi, had confirmed earlier, that the central bank can gradually reduce the price of the dollar.   https://almaalomah.me/2021/11/04/562278/

butterfly   Iraq, a rich nation where people go hungry

The strange paradox is that at the time it was besieged, Iraq did not go hungry; while now, a rich Iraq sees it people falling into the throes of hunger.

Friday 05/11/2021 https://thearabweekly.com/iraq-rich-nation-where-people-go-hungry

butterfly   2021-11-05 04:29   Shafaq News/ The head of "Iraqiun" alliance, Ammar al-Hakim, held a meeting with the leader of the Sadrist movement, Muqtada al-Sadr, earlier today, Friday.

Al-Hakim said in a post he shared on social media, "upon receiving al-Sadr, we discussed the updates on the situation in Iraq, the results of the election, and the entitlements of the upcoming stage."

Yesterday, al-Sadr met with the leader of Takaddom party, Mohammad al-Halboosi.

The results of the early parliamentary election held on October 10 showed the Sadrist movement maintaining the most seats in parliament, leading in several of Iraq's 18 provinces, including the capital Baghdad.

Al-Sadr, a controversial leader remembered for leading an insurgency against U.S. forces after the 2003 invasion, appeared to have increased his movement's seats in the 329-member parliament from 54 in 2018 to 73.

None of the competing political blocs appeared on track to win a majority in parliament and consequently name a prime minister. But as the results stand, al-Sadr's bloc will be able to take a leading role in the political horse-trading to find a compromise candidate and set the political agenda for the next four years.

The State of Low Coalition, led by the former Prime Minister of Iraq Nouri al-Maliki, secured 37 seats, fours seat hind al-Taqaddom (Progress) bloc led by the Parliament Speaker Muhammad al-Halboosi.

The Kurdistan Democratic Party (KDP) led by the Kurdish leader Masoud Barzani has won 32 seats; twice more than Iran's favorite al-Fatah Alliance, which toll of seats diminished to 14 only from 48 in the 2018 elections. https://shafaq.com/en/Iraq-News/Al-Sadr-meets-al-Hakim-to-discuss-the-election-results

butterfly  Ambassador sees Opportunities for German Businesses in Iraq ..................... 4th November 2021 in Investment, Iraq Industry & Trade News ......................... Germany's new ambassador to Iraq has invited German companies to join an economic conference in Basra, which he is planning to arrange in Spring 2022, in cooperation with the Governor of Basra.

H.E. Martin Jaeger said his first trip within Iraq following his appointment was to Basra, where he got the strong impression that there are many opportunities for German businesses.

He made the announcement this morning at a meeting organised by the German Liaison Office for Industry and Commerce in Iraq (AHK Iraq), at which he was welcomed as Germany's new ambassador to Iraq, and H.E. Lukman Faily was welcomed as Iraq's new ambassador to Germany.

H.E. Faily said he will work together with German businesses to help create the right opportunities and identify the right sectors for German businesses, and will facilitate connections with decision-makers in Iraq.

Closing the meeting, Oliver Oehms, Delegate of German Industry & Commerce to Iraq & CEO of the German Emirati Joint Council for Industry & Commerce (AHK), invited the Ambassadors to meet him at the Iraqi Pavilion at Expo 2020 in Dubai. https://www.iraq-businessnews.com/2021/11/04/ambassador-sees-opportunities-for-german-businesses-in-iraq/

butterfly   UN Awards More Contracts in Iraq ................................. 5th November 2021 in Construction & Engineering In Iraq .............. Two more companies have won contracts with the United Nations in Iraq:

SAGMAN Company for Construction and Contracting Ltd: Construction of low-cost housing units in Dkory, Sinjar, Ninewa Governorate; Contract value $311,168;

Sar Albraa for General Contract and Trade Ltd.: Renovation and Extension of the Existing Internal Road at UNAMI Field Support Base (FSB) Compound at Baghdad International Airport; Contract value $183,690

(Source: UN) https://www.iraq-businessnews.com/2021/11/05/un-awards-more-contracts-in-iraq/

Butterfly   2021-11-04 09:35

Shafaq News / Oil prices rose more than $2 on Thursday, lifted by expectations that OPEC and its allies will stick to slow output increases despite calls from the United States and large importers for additional supply to cool the market.

Brent crude was up $2.15, or 2.6%, at $84.14 a barrel by 1338 GMT and U.S. West Texas Intermediate crude rose $2.07, or 2.6%, to $82.93.

The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, a group known as OPEC+, meets later on Thursday and is expected to reconfirm plans to keep monthly supply increases at 400,000 barrels per day (bpd).

"Oil prices have traded in a narrow range thus far this week, with investors assessing the likelihood of OPEC+ succumbing to pressure to add more crude to global oil markets as well as deliberations from the Federal Reserve policy meeting," said Ehsan Khoman, head of emerging markets research at MUFG.

Citi analysts said that OPEC+ is likely to stick to current policy despite pressure from oil importers.

"The majority of OPEC+ members cannot raise production from current levels," the bank said in a note, adding that even Saudi Arabia has emphasised the need to exercise caution given continuing uncertainty over the COVID-19 pandemic.

Top producers Saudi Arabia and Russia are also more confident that higher oil prices will not elicit a fast response from the U.S. shale industry, OPEC+ sources said, reflecting a desire to rebuild revenue and supporting the case against raising OPEC+ output more quickly.

However, several large oil companies plan to increase output or shale spending next year, which could undercut OPEC+ efforts to control supply and support prices.

Oil prices had earlier been in negative territory after Iran and six global powers agreed to resume talks on Nov. 29 to revive the 2015 deal on Iran's nuclear programme. Iran has demanded that the United States drops sanctions that have limited its oil exports.

butterfly   On Wednesday both benchmarks posted their biggest daily percentage declines since early August after weekly inventory data from the U.S. Energy Information Administration showed a larger than expected rise in crude stocks last week.

Source: Reuters https://www.shafaq.com/en/Economy/Oil-prices-rise-by-2-ahead-of-OPEC-meeting

butterfly   2021-11-05 06:15   Shafaq News/ The head of the negotiating delegation of the Kurdistan Democratic Party, Hoshyar Zebari, praised the role of the Sadrist movement during the post-elections period.

Zebari made a statement following his meeting with the political body of the Sadrist movement in Baghdad.

The negotiating delegation of the Sadrist bloc, headed by Hassan al-Adhari, had received this morning, the KDP delegation in Baghdad.

The two delegations discussed the results of the elections, and stressed that the success of the elections was proven for the first time since 2003.

Al-Adhari stressed the importance of the next stage, describing it as a construction and services stage that will positively affect the security situation in the country. In addition, he hoped that the new government will be an "independent government away from any external interference."

Zebari praised Sadr's stances, pointing that the Sadrist movement has a very important role in the Iraqi arena. https://www.shafaq.com/en/Iraq-News/Zebari-the-Sadrist-movement-has-a-very-important-role-in-the-Iraqi-arena

UNEEK   butterfly thanks for posting the news   :Reading:

butterfly   UNEEK yw

Clydesdale   This is in direct response to Kap saying there is over 100 trillion dinar in circulation and there is going to be a lop. Newshound Guru Breitling Member comment: "One of the gurus is always talking about trillions of dinar out there...You have said on many occasions at last count there were between 5 and 6 billion notes and we were waiting for it to get around 4 billion or less.

I  think what this guy is trying to figure out is what denominations are out there and came out with trillions." No. What he's doing is taking the M1, M2, M3 [reports]...M1 has the currency - How much physical currency is in circulation. That's in the M1 report. The M2 report is the commodities - gold [etc]... there are 4 separate reports and what he's doing is...talking all those reports and combining them together.

What do all those reports [equal] combined together...? Something like 54 trillion in dinar value. He's trying to say there are 54 trillion dinar out there in circulation. He is wrong...

Clydesdale   Newshound Guru Kaperoni It is...a fact that Iraq has over a hundred trillion dinar in circulation. There is no possible way they could ever significantly RV the dinar. What they can do is redenominate (LOP) the dinar removing trillions to billions.

butterfly  Clydesdale Thanks and it is nice to see you here again.

butterfly   Clydesdale did you read what an Economist said about the CBI?

Clydesdale   Hi and thanks Butterfly. No I did not see that about what the Economist said about the CBI

Clydesdale   butterfly Yes I found it and read it

butterfly   As been stated by someone on here many times that the CBI has no control. I guess the economist disputed that.

Clydesdale   Surely did

butterfly   His current reveals a move by al-Hakim to “melt the ice” between al-Sadr and al-Maliki with the aim of forming a government

2021-11-05 08:02   His current reveals a move by al-Hakim to melt the ice between al-Sadr and al-Maliki with the aim of forming a governmentShafaq News/ The office of the Wisdom Movement headed by Ammar al-Hakim revealed, on Friday, new details about the meeting of al-Hakim and the leader of the Sadrist movement Muqtada al-Sadr, noting that al-Hakim is moving to melt the ice between al-Sadr and the leader of the State of Law coalition Nuri al-Maliki to form the next government.

A source in Al-Hakim’s office told Shafak News Agency, “The political alliances were not present at the meeting table between Al-Hakim and Al-Sadr,” noting that “the latter would like to open an indirect dialogue with the coordination framework for the purpose of calming the street until the election results are approved.”

He added, “Al-Sadr is also looking to gather the largest number of the coordination framework for the purpose of going with the largest bloc coalition to form the next government, with the exception of the rule of law and its leader, Nuri al-Maliki.”

The source added, “The difference and objection between the Sadrists and the rule of law exists on the scene, but we may witness a point for dialogue between the Sadrists and the rule of law to form the new government.”

And the source indicated, “Al-Hakim will move next week to calm the street, resolve the crisis and bring the views between the Sadrists, the rule of law and the coordinating framework, and work to melt the ice between Al-Sadr and Al-Maliki.”

Earlier today, Friday, Al-Hakim and Al-Sadr met in Baghdad and discussed the latest developments in Iraq, the results of the recent elections and the benefits of the next stage.   shafaq.com

Butterfly   A rise in the price of the dollar with the closure of Baghdad markets

2021-11-05 08:38   A rise in the price of the dollar with the closure of Baghdad marketsShafaq News/ The exchange rate of the US dollar rose against the Iraqi dinar, today, Thursday, with the closure of the main stock exchange in Baghdad.

Shafaq News Agency correspondent said that the central Al-Kifah and Al-Harithiya stock exchanges in Baghdad closed at 148,100 Iraqi dinars for 100 dollars, while the prices this morning were 147,950 Iraqi dinars for 100 dollars.

Our correspondent indicated that buying and selling prices have stabilized in banking shops in the local markets in Baghdad, where the selling price amounted to 147,500 Iraqi dinars, while the purchase prices amounted to 148,500 dinars per 100 US dollars.   shafaq.com


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TLM724 Administrator BondLady’s Corner

Mazhar Saleh: In Early 2022, The File Of “Kuwait Compensation” Will Be Closed

Posted On 2021-11-03 By Sotaliraq Baghdad: Omar Abdul Latif The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed, yesterday, Tuesday, that Iraq will end the file of Kuwait’s compensation file in early 2022, while revealing that the volume of financial compensation paid by Iraq during the past three decades exceeded $52 billion.

Salih told the Iraqi News Agency (INA): "Based on UN Security Council Resolution No. 692 issued on March 20, 1991, it was decided to establish the so-called United Nations Compensation Committee (UNCC) to deal with compensation claims resulting from Iraq's invasion of Kuwait in August 1990, as Iraq had Payment of compensation to international and Kuwaiti individuals and entities totaling approximately $52.4 billion, according to compensation lists approved by the United Nations Compensation Fund.

 Iraqi News Wednesday AM 11-3-21

TLM724 Administrator BondLady’s Corner

Mazhar Saleh: In Early 2022, The File Of “Kuwait Compensation” Will Be Closed

Posted On 2021-11-03 By Sotaliraq  Baghdad: Omar Abdul Latif   The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed, yesterday, Tuesday, that Iraq will end the file of Kuwait’s compensation file in early 2022, while revealing that the volume of financial compensation paid by Iraq during the past three decades exceeded $52 billion.

Salih told the Iraqi News Agency (INA): "Based on UN Security Council Resolution No. 692 issued on March 20, 1991, it was decided to establish the so-called United Nations Compensation Committee (UNCC) to deal with compensation claims resulting from Iraq's invasion of Kuwait in August 1990, as Iraq had Payment of compensation to international and Kuwaiti individuals and entities totaling approximately $52.4 billion, according to compensation lists approved by the United Nations Compensation Fund.

He added that "Iraq has recently paid $490 million of the compensation amounts approved by the United Nations Compensation Committee, and will work to pay the remaining amount of the total compensation estimated at $629 million, early next year 2022, to close the compensation file permanently."

In this context, the Committee of Financial Experts revealed that the Kurdistan region must pay $297 million in compensation as decided by the United Nations Committee for Kuwait.

The committee’s letter addressed to the Prime Minister’s Office in the Kurdistan Regional Council of Ministers last August, of which “Al-Sabah” obtained a copy, stated that since 2011 it has replaced the International Advisory and Monitoring Board (IAMB) under UN Security Council resolutions to oversee oil and gas exports. Natural and oil derivatives from Iraq, monitoring them and ensuring payment of the deduction percentage mentioned in the Council’s resolutions related to Kuwait’s war compensation.

She added that the committee's board of directors issued its resolution No. 276 of 2017, which includes amending the deduction rate from 5% to 0.5% in 2018 and 1.5% in 2019 and 3% for 2020.

And she added that the reports of the international auditing company Deloitte approved by the Kurdistan region indicated that in 2018 it exported 121 million and 729 thousand and 397 barrels at a price of 57,607 dollars, and 158 million and 512 thousand and 960 barrels at a rate of 52,676 dollars in 2019, and 158 million and 145 thousand and 412 barrels in 2020 at a rate of 28,100  dollar.  LINK

Al-Rasheed Bank Directs Its Branches To Sell Building Bonds To Citizens

Banks   Economy News _ Baghdad  Al-Rasheed Bank announced, today, Wednesday, that it instructed its branches to directly sell (construction) bonds to citizens wishing to purchase.

And the bank’s media office stated in a statement received by “Al-Iqtisad News”, that “the bank set its instructions for the amount, interest and purchase mechanism, as it included specifying a bond worth (500,000) thousand dinars (five thousand dinars) at an interest of (6%) paid to the customer every six months for a period of two years. A bond in the amount of (1,000,000) (one million dinars) with annual interest (7%), to be paid every six months for a period of four years.

He added, "It is the right of the person, whether (naturally or morally) wishing to buy, to submit a direct request to the bank, accompanied by the original tariff documents, in return for the bank giving the customer a receipt for the amount he paid to purchase the bonds."

Views 134 Date Added 03/11/2021   https://economy-news.net/content.php?id=26721

Dollar Exchange Rates In Local Markets Today

Market  Economy News _ Baghdad  "Economy News" publishes the exchange rates of the dollar against the Iraqi dinar, for today, Wednesday, in the local markets.

in Baghdad:

The selling price of the dollar is 148,500 per 100 dollars  The purchase price of the dollar is 147,500 per $100 Views 118 Date Added 03/11/2021   https://economy-news.net/content.php?id=26718

The Market Index Rose In Wednesday's Trading By 0.29%

Iraqi Stock Exchange «Economy News»  Market   Economy News – Baghdad  The Iraqi Stock Exchange (the stock exchange) index rose, on Wednesday, by 0.29%.

During the session 467.6 million shares were traded at a value of 371 million dinars.

In turn, foreign investors sold 12 million shares, at a value of 22 million dinars, after executing 29 deals on the shares of 3 companies.

Al-Khaz Road Company topped the gaining companies with 16.07%, followed by Gulf Insurance with 4.69%. While Dar Al Salam Insurance Company topped the losing companies with 5.77%, followed by the Middle East Bank Company with 4.76%.

The number of companies suspended by a decision of the Securities Commission for non-compliance with financial disclosure instructions reached 23 companies.

Views 48 Date Added 03/11/2021   https://economy-news.net/content.php?id=26724

Iraq And Iran Discuss Ways Of Cooperation In The Banking Sector

Economie| 01:29 - 03/11/2021   Baghdad - Mawazine News, Governor of the Central Bank of Iraq, Mustafa Ghaleb Mukhif, received, on Wednesday, his Iranian counterpart Ali Saleh Abadi, who is visiting Iraq accompanied by a banking and economic delegation.

The meeting, according to a statement by the Central Bank, received by Mawazine News, a copy of which was attended by the Director General of the Trade Bank of Iraq from the Iraqi side, dealt with "ways of cooperation in the banking sector between the two parties and the possibility of processing the financial dues of the Iranian side in accordance with the specific contexts of the agreement." Ended 29/A 4

https://www.mawazin.net/Details.aspx?jimare=173499

A leader in the approach reveals a new mechanism for framing corruption legally

Political | 03:51 - 03/11/2021  Special - Mawazine News   The National Approach Bloc revealed, on Wednesday, a new mechanism that legally frames corruption.

The leader of the National Approach, Muhannad al-Atabi, told Mawazine News, that "the issue of corruption and its concept, from rejection to admissibility during the electoral process, was overturned," stressing that "the stone of votes, the delay in closing the boxes, and the cancellation of Iraqis' votes with an incorrect procedure, proceeding with these errors and approving the results." The presentation of corruption shall be in accordance with the legal framework."

And Al-Atabi said, "The map of the upcoming political alliances is absent from the discussion of the coordination framework. The talk lies in the non-ratification of the election results in this situation and its categorical rejection."

He pointed to the difficulty of establishing any political or governmental map according to the current basics, as it is fragile and unable to build a state or establish a government. Ended 29/R77

https://www.mawazin.net/Details.aspx?jimare=173515

Warnings Of Organized Technical Campaigns Targeting Credit Card Holders In Iraq

Credit   card   Money   and business  Economy News – Baghdad  The Digital Media Center (DMC) has warned of an organized online campaign targeting credit card holders in Iraq, with the aim of fraud and theft.

The center said in a statement seen by "Al-Iqtisad News", that it "observed during the last period the spread of links on the communication sites under the pretext of the existence of rewards or sums of money that the Iraqi government intends to pay to employees through their credit cards."

He added: "By following up on the links by the center's team, it turned out that they are fake and aim to persuade the public to reveal sensitive and important information in their credit cards that allow the attackers to withdraw money from these cards without the consent of their owners."

In its statement, the center warned that "phishing operations are still on the rise in Iraq and may develop in the near future, following the spread of the use of electronic cards and the state's trend towards digitizing the banking sector."

The center warned that "this matter requires the public to follow a number of tips and instructions for protecting their credit cards, the most important of which are: not to disclose card information or to purchase online except from trusted authorities, and to secure the protection of devices and Internet networks used in financial transactions."

The center advised to "review the recent activities of the account from time to time and inform the bank of any suspicious activity."    Views 157 Date Added 03/11/2021   https://economy-news.net/content.php?id=26713

The Cabinet Secretariat Directs Retirement By Organizing The Electronic Form For Retirees

Today, Wednesday, the General Secretariat of the Council of Ministers directed, through the Department of Political Dismissed Affairs, the National Retirement Authority, to organize the electronic form for retirees and complete their retirement transactions as quickly as possible in accordance with the law.

The General Secretariat of the Council of Ministers said in a statement, "The directive was based on Article (6/Second) of Law No. (16 of 2013) the Second Amendment Law of the Political Dismissed Law No. (24 of 2005) as amended."    https://www.radionawa.com/all-detail.aspx?jimare=26302

 

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Zig’s Place Chatroom News Tuesday Evening 11-2-21

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butterfly Iraq officially announces its accession to the Paris Agreement on Climate Change

Tuesday 02 November 2021 23:42 Iraq officially announced its accession to the Paris Agreement on Climate Change and deposited the instrument of accession.

The agreement aims to contain global warming and reduce the temperature of the planet to less than two degrees, and the announced goals will be reviewed after five years.

Zig’s Place Chatroom News Tuesday Evening 11-2-21

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

butterfly  Iraq officially announces its accession to the Paris Agreement on Climate Change

Tuesday 02 November 2021 23:42 Iraq officially announced its accession to the Paris Agreement on Climate Change and deposited the instrument of accession.

The agreement aims to contain global warming and reduce the temperature of the planet to less than two degrees, and the announced goals will be reviewed after five years.

The agreement will enter into force in Iraq on the first of December 2021. https://ninanews.com/Website/News/Details?key=936817

butterfly   :Awesome: good for Iraq and the world.

butterfly   Here it is from a different outlet:

Iraq pays 490 million dollars in compensation to Kuwait

Tuesday 02 November 2021 21:44 Kuwait received 490 million dollars from Iraq, in compensation for damages resulting from the Iraqi invasion of Kuwait in 1990.

The Iraqi embassy in Kuwait stated in a statement: "Iraq paid the State of Kuwait on 26/10/2021 an amount (490) million dollars And he will pay the remaining amount of compensation in early 2022, estimated at about $629 million.

Baghdad has paid about $50 billion in compensation in the past three decades, with the compensation money coming from a tax levied on sales of Iraqi oil and its products.

The financial payments were stopped between 2014 and 2018 due to the security crisis in Iraq and the control of ISIS over large parts of the country. https://ninanews.com/Website/News/Details?key=936799

butterfly   Well don't take your dinar to Afghanistan LOL:

The Taliban government bans dealing in foreign currencies in Afghanistan

Tuesday 02 November 2021 22:16 The Taliban government decided today, Tuesday, to ban dealing in foreign currencies in Afghanistan and to take legal measures against those who violate that decision, considering that this is in the interest of the national economy.

"The Islamic Emirate has announced a complete ban on the use of foreign currencies in the country," according to a Taliban statement posted by its spokesman, Zabihullah Mujahid, on Twitter. "The economic situation and national interests in the country require that all Afghans use the Afghan currency in every transaction."

The statement added: "All citizens, shop owners, merchants, businessmen and the general public must conduct all transactions in the local currency from now on and strictly refrain from using foreign currencies, because the use of foreign currencies has a negative impact on the country's economy."

The movement affirmed that.    https://ninanews.com/Website/News/Details?key=936803

butterfly   Anyone know what currency they will be using? Have you seen their currency?

butterfly   Washington: Biden does not intend to end the military presence in the Middle East

Tuesday 02 November 2021 23:17 The US State Department confirmed that the administration of President Joe Biden does not intend to end the US military presence in the Middle East.

"I must stress against the background of a lot of misinformation in this regard recently, that our partnerships in the field of security will remain," said US Deputy Assistant Secretary of State for Middle East Affairs, Joey Hood, during a conference on security in the Middle East, today, Tuesday.

He continued, "Our permanent military presence in the region has been guaranteed for more than 70 years, and this basic reality will not change."

Hood noted: "The United States is adapting to changing conditions and threats in the region, and a not large number of American forces in the region are training partners."

The American diplomat affirmed the United States' commitment to ensuring freedom of trade and navigation in order not to allow any turmoil in the American and global economy. https://ninanews.com/Website/News/Details?key=936813

NORV   Dave having the new currency in circulation with the old for up to 10 years has nothing to do with your statement that other central banks would hold for 10 year and then redeem with CBI.

NORV   It would bankrupt the CBI and empty the reserves. nonsense.

NORV   have two currencies in circulation at the same time is common with a LOP to give citizens time to exchange them.

NORV   My hope is that they float it as the IMF stated and end the daily auctions trading the dinar internationally via the financial exchange which would allow the dinar to rise gradually over time as the economy grows (and inflation sets in). Doing so, they could reduce the dinar in circulation, introduce new smaller notes as needed. This would also counter the inflation from the growth of the economy. Time will tell if they succeed. But there will be no RV.

NORV  :Float: :Float: :Float:

Dave   https://dinaroutcast.forumotion.com/t8931-cbi-iraq-plans-to-issue-a-new-currency-in-50-dinars-after-deletion-of-zeros

 

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Butterfly The Commission reveals the reason for opening the appeals again

2021.11.02 – 11:26 The Commission reveals the reason for opening the appeals againBaghdad – people

The High Elections Commission clarified, on Tuesday, the reasons for opening the appeals door again, indicating the mechanism for dealing with the submitted appeals, confirming the conformity of the election results in most stations.

Zig’s Place Chatroom News Tuesday Afternoon 11-2-21

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

Butterfly   The Commission reveals the reason for opening the appeals again

2021.11.02 – 11:26   The Commission reveals the reason for opening the appeals againBaghdad – people

The High Elections Commission clarified, on Tuesday, the reasons for opening the appeals door again, indicating the mechanism for dealing with the submitted appeals, confirming the conformity of the election results in most stations.

The Director of Media and Mass Communication at the Electoral Commission, Hassan Salman, said in a statement to the official agency followed by “Nass” (November 2, 2021), that “the commission opened the door for appeals again to provide evidence, as the commission referred the appeals to the elections, and recommended this referral, which has new evidence.

Regarding the appeals submitted, he can submit them within three days, since most of those who submitted appeals are without evidence,” noting that “the Commission was given three days to present evidence.”

He added that “the results of the elections in most of the stations were identical, through the monitoring of the electoral process partners, as the party agents and the international and local monitoring teams watched the manual counting and sorting,” stressing that “most of the results of the electoral stations were identical.”

He pointed out that “there is an opinion of the judiciary about the elections, and changes occur all the time.”

He explained, “The ratification of the election results is after the completion and conclusion of all the appeals submitted, after taking their scope from the Judicial Authority for Elections, which has the right of veto by a Board of Commissioners, and it can ratify all of them, and it is not limited to a specific time.”

butterfly   He stressed, “There is no specific period for ratifying the election results, until all appeals are exhausted, after which the result is referred to the Board of Commissioners, to be decided upon, and the names of the winners, who are 329 candidates, are liquidated, and then referred to the Federal Court for approval of the results.”   nasnews.com

butterfly   Iraqi Dinar/US Dollar auction results for Wednesday 11-3-2021 executed today 11-2-2021

25k Iraqi Dinar notesThe results of the foreign currency sale window on Wednesday 11/3/2021 and executed today   Announcement No. (4518)   Sale date – Wednesday 3/11/2021 and executed today

the details   Amount 

Total sale for the purposes of strengthening balances abroad (remittances, credits)  116,300,400

Total cash sale 60,460,000   total total sales  176,760,400

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/1137

butterfly   The Curse of Oak Island premieres tonight with two hours. I can't wait, and I dare anyone to interrupt me. I remember reading that article, as Rick did.

Zig   Oak Island is a tree-covered island on the south shore of Nova Scotia that has intrigued treasure hunters for more than 200 years. It is believed that the island is hiding one of the greatest treasures of all time, but no one has been able to find it. Enter Rick and Marty Lagina, brothers from Michigan who have bought the rights to much of the island to try to solve the mystery.

The two use modern technology and good old American know-how to look for the treasure. But it won't be easy as the search is expensive and dangerous -- several people have died trying to strike it rich on Oak Island, inspiring the titular curse. The Laginas hope to avoid the curse long enough to find the treasure before they run out of money... or worse.

Zig   From Google FYI

butterfly   They are owners of a winery in Traverse city.  They were involved in a ship wreck in Lake Michigan also.

butterfly   I found what I posted for you Dave

Dave   Buttons and broken pottery

Butterfly   Iraq says Kuwait received $490m in Gulf War reparations ,,,,,,,,,,,,,,,,,,,, Iraq has paid $490 million in Gulf War reparations to Kuwait, Anadolu reported the Iraqi Embassy in Kuwait saying yesterday.

"Iraq paid $490 million in compensation last Tuesday from the amount determined by the UN over the ousted regime's invasion of Kuwait in the early 1990s," the embassy said in a statement.

"Iraq will work to pay the remaining amount of the compensation [$629 million] at the beginning of 2022," the statement added.

In 1991, the UN ordered Baghdad to pay $52.4 billion in compensation to individuals, companies, governmental organisations and others who incurred losses as a result of the Iraqi invasion of Kuwait.

In 2014, Iraq halted paying compensation due to the war against Daesh, which controlled a third of the country, but resumed payments in 2018. https://www.middleeastmonitor.com/20211102-iraq-says-kuwait-received-490m-in-gulf-war-reparations/

Dave   Almost there.....could pay it off but.........CBI may figure Ch 7 may still be a good thing?

butterfly  Now that is a bobby dazzler......Gary's famous phrase.

Zig  butterfly : Gary?....From PTR?....lol

butterfly   Dave step by step

butterfly   haha Zig

Dave   rejoining the world with a currency worth squat.......

butterfly   [$629 million] at the beginning of 2022

butterfly   currency going digital

Dave   Iraq getting billions/month in oil now

butterfly   Dave yuppers

Dave   butterfly WE are digital mostly........

Dave   100% DIGITAL ......DOUBT THAT......

butterfly   I can't remember the amount if it is $1K, $5K, $10K that you have go back into the bank the next day or the day after that because they don't carry that much to disperse to a person.

Dave   ANOTHER Kap absolute

butterfly   No not 100%, but close to it.

Zig   They could never get EVERYONE to turn in their paper money....would take many years.....

butterfly   It will be worldwide

Dave   Zig World according to Kap

Zig   Dave : Eventually, yes....

butterfly   Zig yes

Dave   He can not tell me how much is outside of Iraq.....

butterfly   Dave I agree bc no one knows that amount. They just found a ton of dinar, buried.

Dave   butterfly a ton of 50 dinar notes/

Dave  ?  wHO cLAIMS that?  finders keepers?

butterfly  Dave It was in an article I posted. Sorry not going to go back and find it.

Dave  All that IQD held outside of Iraq will be held by the Nations Federal reserve fer 10 yrs before having to redeem it back to CBI

Dave  Kap.....100trillion IQD in circulation now.....did you suggest Iraq only has 16 trillion IQD in total assets....Iraq raking in 7 billion usd/mon in oil...9,800,000,000,000 iqd........10 trillion IQD in 1 month.......

Dave   COI still working the details of hundreds of billions usd in frozen accounts........too many zeros fer me to comprehend in IQD......

Dave  :Wheelbarrow:   :Wheelbarrow:   :Wheelbarrow:   :Wheelbarrow:

Butterfly   Assyrian discoveries in northern Iraq unearth new challenges

For the first time in more than 150 years, archaeologists found large Assyrian rock reliefs in Iraq, but protecting the discoveries unveils new challenges. November 2, 2021

Two thousand years ago, it might have been the Napa Valley of Mesopotamia. Today, the ancient Assyrian wine factory sits among large stone carvings alongside an almost 4 mile irrigation canal near Khannis in northern Iraq. For years, Iraqi intelligence attempted to track down stolen items. In one instance, a tip led police to a rusting shed in eastern Bulgaria that contained a tablet dating back nearly 5,000 years.

As the security situation improved, repatriation of antiquities increased. In August, 17,000 archaeological artifacts returned to the country. They now sit alongside historical pieces like the Gilgamesh Dream Tablet in the Iraqi National Museum, which reopened this summer. More............... https://www.al-monitor.com/originals/2021/11/assyrian-discoveries-northern-iraq-unearth-new-challenges

Dave   Sad that ISIS destroyed alot of their ancient history

Dave   Due for a major historical find.......not much since King Tut......or that buried army in China

NORV   Dave Where is your proof of that?

All that IQD held outside of Iraq will be held by the Nations Federal reserve fer 10 yrs before having to redeem it back to CBI

NORV   And I said Iraq is only worth $16 trillion dollars..not dinar. But they have 100 trillion dinar in circulation. If they were for example (since you cant understand) to RV at 1 to $1 that would cost Iraq $100 trillion dollars. lol you think they could afford that when they are only worth $16 trillion dollars including all oil and minerals in the ground? lol

NORV   The idea of a RV of the Iraqi dinar is utter foolishness.

NORV   :Float:  :Float: :Float:

Zig   FYI: NORV is the beloved @Kaperoni  :eyeroll:

Dave   Zig You telling me that you have never heard from CBI that they would run both high denoms with the high denoms concurrently fer 10yrs.......I know Kap never follows CBI......thought you would know better.....LOL

Dave  ^oops.high and low......

 

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Zig’s Place Chatroom News Tuesday AM 11-2-21

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

Butterfly The Central Bank of Iraq decides to increase the housing sector allocations

Tuesday 02 November 2021 The Board of Directors of the Central Bank of Iraq decided to increase the allocations of the housing initiative to the Real Estate Bank and the Housing Fund.

A statement to the bank’s media stated, today, Tuesday, that the administration of the Central Bank of Iraq decided to increase the allocations of the housing initiative to the Real Estate Bank and the Housing Fund by an amount of (2.6) trillion dinars, and the amounts were distributed by (1.5) trillion dinars to the Real Estate Bank, and (1, 1) Trillion dinars for the Housing Fund. “

Zig’s Place Chatroom News Tuesday AM 11-2-21

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

Butterfly   The Central Bank of Iraq decides to increase the housing sector allocations

Tuesday 02 November 2021 The Board of Directors of the Central Bank of Iraq decided to increase the allocations of the housing initiative to the Real Estate Bank and the Housing Fund.

A statement to the bank’s media stated, today, Tuesday, that the administration of the Central Bank of Iraq decided to increase the allocations of the housing initiative to the Real Estate Bank and the Housing Fund by an amount of (2.6) trillion dinars, and the amounts were distributed by (1.5) trillion dinars to the Real Estate Bank, and (1, 1) Trillion dinars for the Housing Fund. “

It is reported that the initiative of the Central Bank of Iraq to support the housing sector contributed to solving an important aspect of the housing crisis in Iraq and brought about great economic development.” https://ninanews.com/Website/News/Details?key=936675

butterfly   Rising global oil prices

Tuesday 02 November 2021 Oil prices rose today, Tuesday, after the Organization of the Petroleum Exporting Countries reduced the pace of production increases expected last month, while China, the world's largest oil consumer, raised refinery operating rates to meet the rising demand for diesel.

Brent crude futures rose 28 cents, or 0.3%, to $84.99 a barrel.

US West Texas Intermediate crude futures rose 19 cents, or 0.2%, to $84.24 a barrel.

Oil rose to its highest levels in several years last week, supported by the recovery in demand after the Corona virus pandemic, and the adherence of the Organization of the Petroleum Exporting Countries and its allies led by Russia, in what is known as the OPEC + grouping, to gradual monthly increases in production of 400,000 barrels per day, despite calls by major consumers to pump more of oil. https://ninanews.com/Website/News/Details?key=936620

butterfly  Iraq says Kuwait received $490m in Gulf War reparations ,,,,,,,,,,,,,,,,,,,, Iraq has paid $490 million in Gulf War reparations to Kuwait, Anadolu reported the Iraqi Embassy in Kuwait saying yesterday.

"Iraq paid $490 million in compensation last Tuesday from the amount determined by the UN over the ousted regime's invasion of Kuwait in the early 1990s," the embassy said in a statement.

"Iraq will work to pay the remaining amount of the compensation [$629 million] at the beginning of 2022," the statement added.

In 1991, the UN ordered Baghdad to pay $52.4 billion in compensation to individuals, companies, governmental organisations and others who incurred losses as a result of the Iraqi invasion of Kuwait.

In 2014, Iraq halted paying compensation due to the war against Daesh, which controlled a third of the country, but resumed payments in 2018. https://www.middleeastmonitor.com/20211102-iraq-says-kuwait-received-490m-in-gulf-war-reparations/

butterfly   Now that is very good news folks.

Butterfly   2021-11-02 07:44  Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $170 million in foreign currency today, Tuesday.

Shafaq News Agency correspondent said that CBI's foreign currency sales in this week's third auction amounted to $170,879,478, 6.92% above Monday's $159,275,516. The transactions were made at a weighted average of 1460 dinars to every dollar.

Our correspondent explained that 19 banks and 268 exchange companies cashed $51.46 million, while the $119,417,378 went to boost funds abroad in the form of credit and non-cash transactions, with 20 banks meeting those demands. https://www.shafaq.com/en/Economy/CBI-sales-in-the-currency-auction-bounce-after-three-session-s-decline

Butterfly   I want an electric vehicle bc this is uncalled for:.............................. 2021-11-02 05:21

A global energy crisis has sent prices for gas and coal soaring around the world, and this has turbocharged the recovery in benchmark London- and New York-traded oil futures, Bank of America Corp. analysts including Francisco Blanch wrote in a note.

Several oil traders have said $100 crude is fast approaching as demand outstrips supply and a climate-inspired slowdown in investment in new sources threatens to allow reserves to wither. A surge in gasoline demand along with a rebound in middle distillates -- think diesel and jet fuel -- coupled with refining-capacity constraints could accelerate the rally into 2022, the analysts wrote. ............... Brent Crude Headed for $120 by End of June, BofA Says ,,,,,,,,,,,,,,,, https://www.shafaq.com/en/Economy/Brent-Crude-Headed-for-120-by-End-of-June-BofA-Says

Butterfly   Religious reference: We are not a party to the meetings of political alliances and the formation of the next government

Tuesday 02 November 2021 The supreme religious authority confirmed that it is not a party to any meetings, discussions, contacts or consultations regarding the conclusion of political alliances and the formation of the next government.

An official source in Ali al-Sistani's office in Najaf declared, "The supreme religious authority is not a party to any meetings, discussions, contacts, or consultations regarding concluding political alliances and forming the next government, and there is absolutely no basis for any of the news that promotes otherwise before. Some parties and entities in the media and social networking sites.”   https://ninanews.com/Website/News/Details?key=936713

butterfly   Iraq, Saudi Arabia "to sign $billions of Energy Contracts" 2nd November 2021 .............................Iraq and Saudi Arabia are reportedly about to sign energy deals worth tens of billions of dollars.

The state-run Al-Sabaah newspaper quotes Oil Minister Ihsan Abdul Jabbar (pictured) as saying that Iraq is negotiating with oil giant Saudi Aramco to enter as a partner in contracts for gas exploration in the Western Desert.

He added that Iraq has intensified discussions with the Saudi company ACWA Power to build water desalination facilities and clean energy plants.

ACWA Power launched a successful IPO on the Saudi Stock Exchange last month, the biggest IPO on that exchange since Saudi Aramco's in 2019.   (Source: Al Sabaah)

butterfly   'Dana Gas payments from Egypt and Kurdistan surge 86% on higher oil prices 2021-11-02 07:31

Shafaq News/ Dana Gas, one of the largest private natural gas companies in the region, said payments from operations in Egypt and the Kurdistan Region has increased 86 per cent in the first ten months of the year.

Collections jumped to $283 million for the ten months to the end of October, from $152m in the same period in 2020, boosted by a rise in oil prices, the company said on Tuesday in a statement to the Abu Dhabi Securities Exchange, where its shares are traded.

Brent, the international benchmark under which two thirds of the world's oil is traded, has rallied more than 60 per cent this year and was trading at $85.04 a barrel at 10.20am UAE time on Tuesday.

West Texas Intermediate, the gauge that tracks US crude, has increased more than 70 per cent and was trading at $84.24.

The levels of collections in both Kurdistan and Egypt have been “exceptional over the first ten months of the year due to the rise in oil prices”, said Dana Gas chief executive Patrick Allman-Ward.

“Continuing timely payment of invoices and the settlement of outstanding receivables is so important to providing us with the confidence to carry on with our expansion plans in the Kurdistan Region and Egypt.”

Oil prices have rebounded as demand for crude surges on the back of a strong recovery by the global economy, which slumped into its deepest recession since the 1930s amid the pandemic.

butterfly   The world economy is expected to grow 5.9 per cent this year, according to the International Monetary Fund.

Oil demand in 2021 is expected to grow by 5.8 million barrels per day, with global consumption hitting 96.6 million bpd, according to Opec data released last month.

The oil producers’ group, which meets this Thursday, expectsdemand for 2022 to exceed pre-pandemic levels, reaching 100.8 million bpd.

The rise in natural gas prices before the winter season has also increased the possibility of higher volumes of oil products being consumed to generate power, boosting overall demand.

Dana Gas, which owns a 35 per cent interest in Pearl Petroleum, had its share of collections from sales of condensate, gas and liquefied petroleum gas in Kurdistan jump 78 per cent to $150m in the ten-month period, up from $84m a year earlier.

In Egypt, the company collected $133m during the first ten months of this year, a sharp rise from $68m received in the same period in 2020, it said.

In September, an international arbitration tribunal awarded Dana Gas $607.5m in compensation for damages in a case against Iran's state-owned energy producer.

The dispute concerns a 25-year gas sales and purchase contract between Dana Gas affiliate Crescent Petroleum and the National Iranian Oil Company.

butterfly   oooops Sunday clocks fall back one hour, not forward.

Butterfly   oh boy here is another long one: Iraq is chasing its smuggled money in five countries

11-2-2021   Iraq is chasing its smuggled money in five countriesBaghdad – The Iraqi Federal Integrity Commission is heading to conclude memoranda of understanding with five Arab and foreign countries to open up prospects for cooperation and exchange of information on wanted persons and their money, and to organize requests for legal assistance to recover them and smuggled funds.

Since 2003, Iraq has been suffering from widespread corruption in most of its institutions and mismanagement, which has resulted in the loss of huge fortunes on fake projects and money laundering operations.

Moataz Faisal Al-Absi, Director General of the Money Recovery Department of the Iraqi Integrity Commission, said in a statement to the government newspaper Al-Sabah, published on Tuesday, “We are working to recover the smuggled Iraqi funds according to criteria that will be established to conclude memorandums of understanding, exchange information about wanted persons and their money, and organize requests for legal assistance.”

He stated that the Integrity Commission is in the process of concluding a number of memoranda of understanding with Jordan, Lebanon, Kuwait, Turkey and Poland, and the quest continues to go to other countries to conclude such memoranda to enhance cooperation with them.

He pointed out that the priority in selecting countries is based on belief and knowledge of the possibility of smuggled corruption funds in those countries, as well as a number of files that are supposed to be resolved.

butterfly  He explained that the recovery files include a set of documents about wanted persons, smuggled funds and a request for international assistance, and are presented to the countries where the accused or the convict is present in order to seize his money.

Last September, Iraq held an international conference to recover looted funds with the participation of the Arab League and Arab justice ministers, and Prime Minister Mustafa Al-Kazemi pledged at the time that he would not back down from recovering his country’s smuggled funds, calling for international cooperation to help him achieve this goal.

The two-day conference came out with a final statement in the form of recommendations divided into 18 points, the most important of which is encouraging the conclusion of bilateral agreements between countries, which helps Iraq recover its money, in addition to the importance of Baghdad issuing guidelines that simplify the money recovery mechanism.

Corruption was a major reason for the failure of successive Iraqi governments to improve basic public services, such as education, electricity, drinking water, the health sector, and others.

The fight against corruption was at the top of the demands of massive protests that Iraq witnessed for a whole year, starting in October 2019, when the government of former Prime Minister Adel Abdul-Mahdi, in partnership with Iraqi militias affiliated with Iran, was involved in the killing of about 700 demonstrators and the injury of about twenty thousand others, in order to protect the regime. Corrupt religious parties in the country.

butterfly  No real figure is known for the amount of Iraqi money smuggled outside Iraq, as government and popular figures are in conflict about the truth of those funds that drained the country’s wealth.

Iraqi President Barham Salih had previously announced a bill to recover the proceeds of corruption and submitted it to Parliament, and sought to recover about 150 billion dollars that had been smuggled out of Iraq since 2003, which is a preliminary report, while there are much more estimates than that.

The Parliamentary Integrity Committee confirmed that the volume of smuggled funds outside Iraq is estimated at 239.7 billion dollars, a figure that exceeds the country’s budget for more than two years, stressing the existence of political pressures to obstruct the fight against corruption.

The committee stated that the money that was smuggled out of Iraq during the past years through fake receipts, was made through commissions paid to some officials for the purpose of facilitating smuggling operations.

The smuggled and frozen Iraqi funds abroad are still out of reach, despite successive assurances from various government parties that they should be recovered.

To recover these funds, Iraq needs an accurate information base, the use of financial auditing companies and international courts, while strengthening the government’s demand for evidence and concluding bilateral agreements with some countries to extradite the accused, in accordance with legal and judicial conditions and international treaties.  rawabetcenter.com

butterfly   Economist: The control of the powerful over the currency auction prevents the dollar price from changing

Tuesday November 2, 2021 | 08:43 AM   Economist - The control of the powerful over the currency auction prevents the dollar price from changingEconomist Wissam Al-Tamimi said, on Tuesday, that the influence of the influential on the currency auction will prevent the dollar exchange rate from changing, pointing out that most private banks are affiliated with influential political parties that stand in front of the exchange rate change.

Al-Tamimi said that “the parties that control the currency auction have made great gains after the rise in the dollar exchange rate, especially since most of them have large commodities and goods placed in stores, and therefore they made profits after buying them at the old price as well as benefiting from their returns in the currency auction.”

He added that “the influential will stand a stumbling block in the event that the dollar exchange rate is reduced in the budget, as most of their banks are working to earn profits from the currency auction, and any reduction that may occur will cause great losses for them.”

Al-Tamimi explained, “The recovery of the oil market and the entry of large amounts of hard currency into Iraq will contribute to increasing the incomes of workers in the currency auction, which will push them to stand in front of any attempt by the government to reduce the dollar price in the next stage, and it is likely to keep the exchange rate at its current status or a slight increase in next year’s budget    aynaliraqnews.com

butterfly   Al-Aqabi: Al-Kazemi’s government is a caretaker government, and the decisions it is currently taking are contrary to the constitution

Tuesday November 2, 2021 | 11:17 am   Al-Aqabi - Al-Kazemis government is a caretaker government and the decisions it is currently taking are contrary to the constitutionA member of the National Nahj Alliance, Hussein Al-Aqabi, confirmed that Al-Kazemi’s government is a caretaker government and the decisions it is currently taking are in violation of the constitution.

“We are following with great astonishment the insistence of the resigned caretaker government to exploit the current political situation and take dangerous strategic decisions in clear constitutional violation,” he said in a statement.

He added, “We reviewed the decisions of the Council of Ministers in its last sessions, which were held after the dissolution of Parliament and the holding of early elections, and they were very dangerous decisions that included granting exceptions to the instructions for implementing government contracts, referring a number of projects by direct invitation method, and appointing a number of special positions and grades.”

He continued, “It is known that these decisions contradict the constitution’s description of the current government as resigning and concerned with managing daily affairs, as stipulated in Article 64-Second of the Constitution (the President of the Republic, when dissolving the House of Representatives, calls for general elections in the country within a maximum period of sixty days from the date of the dissolution).

And the Council of Ministers in this case is considered resigned, and continues to conduct daily matters.) Accordingly, the administrative, financial and other decisions that are inconsistent with the state of managing daily matters taken by the Al-Kazemi government after the date of 10/10/2021 are legally void and a clear violation of the constitution, and the government must

butterfly   To step back from it and to stick to the conduct of daily affairs and its walking.”  aynaliraqnews.com

butterfly  Adel Abdul-Mahdi returns to parliament through three “independent” candidates

2021-11-02 02:31   Adel Abdul-Mahdi returns to parliament through three independent candidatesShafaq News/ An early political source revealed on Tuesday that the former Prime Minister, Adel Abdul-Mahdi, managed to obtain three parliamentary seats in the elections that were held on the tenth of last October.

The source told Shafak News Agency; The former Prime Minister, Adel Abdul-Mahdi, now has (3) winning deputies in the early parliamentary elections, who participated as (independents).

The source added; Those deputies, whose names Shafak News Agency keeps, and they are from Basra Governorate, will be part of the Al-Fateh coalition with the start of the next parliamentary session.

Massive demonstrations in Iraq in October 2019 toppled Prime Minister Adel Abdul-Mahdi, with accusations of being involved in issuing orders to suppress the demonstrations that witnessed hundreds of deaths and thousands of injuries, while activists demanded the trial of Abdul-Mahdi.   shafaq.com

 

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