Zig’s Place Chatroom News Monday AM 11-15-21

Zig’s Place Chatroom News Monday AM 11-15-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish herebutterfly   The Iraqi government justifies the reasons for adopting a new exchange rate for the dollar

The Iraqi government justifies the reasons for adopting a new exchange rate for the dollarShafaq News/ Today, Sunday, the Iraqi Ministry of Finance clarified the reasons for adopting a new exchange rate for the US dollar against the local currency, noting that this came to supplement national production, protect the central bank’s reserves and support the budget.

In a statement received by Shafaq News Agency, the Ministry of Finance said that, during the past three years, it has borne the burden of a stifling financial crisis that threatened the state’s ability to fulfill its obligations that were already burdened by a large legacy represented by the inflation rate of public spending and the rise in the wage bill, which threatened to secure the salaries of its employees,

in light of the low Sharp global oil prices and a dangerous health situation due to the consequences of the Corona pandemic on the national economy and its repercussions on the economic reality and the social fabric.

The Ministry of Finance indicated that the general budget continues between the need for a wise public financial management with its obligations to ensure the protection of the weakest and most needy groups, pointing to the support of the international community for the policies of the Ministry of Finance, as the International Monetary Fund and the World Bank approved public financial management under difficult circumstances. Extremely .

Butterfly   In a previous statement, the Iraqi Ministry of Finance issued, on the fifth of last October, a clarification regarding the exchange rate of the US dollar, noting that changing it worked to “stop the fall of the reserve currency and enhance import capabilities.”

The indicators showed, according to the financial statement, a clear improvement in commercial activity in the past nine months of the current year 2021 in light of the crisis of the spread of the COVID-19 virus, and it also helped to stop the penetration of the Iraqi market and flood it with cheap goods that curb attempts to upgrade local production.

It is noteworthy that the Central Bank of Iraq, on December 19, 2020, officially announced the amendment of the foreign exchange rate (the US dollar) to be 145,000 dinars for every $100, according to the state’s general budget for the year 2021 approved by the House of Representatives.   shafaq.com

butterfly   Cougar: There Is No Budget Before June, And It Will Be A Copy Of 2021

The former member of the Parliamentary Finance Committee, Jamal Cougar, confirmed, on Monday, that it is not possible to approve the budget before next June, indicating that the budget will be reproduced for the current year.

Cougar said in a statement to Al-Maalouma, "The budget bill has not been submitted by the current government so far, and it is in the process of completing the project, and it will be transferred to the new parliament."

He added that "the budget for the next year does not differ much, except for some minor paragraphs, which are reproduced from the previous one. What is wrong with those budgets is the reliance on operational issues and leaving investment and revenues."

Cougar explained, "It is not possible to spend hundreds of billions annually in salaries and others without recovering that money from annual profits through the ministries, and the next government should pay attention to this matter and invest the surplus funds from the rise in global oil prices in industrial and commercial projects that generate income."

butterfly   One step forward, ten steps back with how Iraq is moving........

butterfly   Here is another one. I have to shake my head in how the world is....going backwards instead of forward:

Economist: The Government Did Not Contribute To Any Economic Improvement In Iraq

LAST UPDATE 11/15/2021 | 3:48 PM   The economic and financial expert, Nabil Al-Marsoumi, considered, on Monday, that the ministries of finance and planning were not the cause of any economic improvement in Iraq, but the credit is due to the rise in international oil prices only.

Al-Marsoumi said, in a post on his Facebook page , and seen by the "Information" agency, that "the semi-annual report of the World Bank on the Iraqi economy, published by the Ministry of Finance, indicated the significant improvement in economic indicators in Iraq during the first half of 2021."

He explained, that this includes “an increase in GDP by 9%, a growth of the non-oil economy by more than 21%, and the current account deficit also turning into a surplus of 4.7% of GDP, and an increase in the total official reserves of the Central Bank of Iraq by about 5 billion US dollars to reach to $58.5 billion and an increase in budget revenues by 42%.

He pointed out that "this improvement in economic performance was not related to the genius of the ministries of finance and planning, nor to the good government economic performance, but was related to only one external variable, which is the rise in oil prices."

butterfly   The oil prices are going down, next day I bet they will go up. Lordy Lordy

UNEEK   butterfly you would think the ones that have risen to government positions would have some knowledge of how bookkeeping works - and be able to balance the spending with the revenue from various sources - maybe it is all just crooked politics and greed - Iraq may be one of the worst but they are not the only country guilty - that's for sure

UNEEK   butterfly I would dare say that all of government positions whether elected or appointed are way over paid and could very well be the straw that broke the camel's back

butterfly   UNEEK I have to laugh at what you just posted, not you, but what you posted. 50 some years ago I was driving my young son to school and back then they were talking about the debt of the government. Gone way over their budget, but that is ok, they will just increase that budget limit. Nothing is or has changed in the government, here or even around the world, BUT if we did half of what they did, we would be wearing orange outfits.

UNEEK   butterfly all those "fringe" benefits

butterfly   UNEEK so true so true.....

butterfly   We here in the good old U S of A fall at the bottom of the World Educational System.

UNEEK   butterfly it is heartbreaking and disgusting at the same time - they just do not deserve to be so abundantly rewarded for doing such a poor job

butterfly   UNEEK so true so true....again.

UNEEK   butterfly ANY company would fire such a person if they lost money for the company

butterfly   I have a problem that covers two.........they don't give two** about the elderly, and the people that serve and are serving.

butterfly   UNEEK ABSOLUTELY!

UNEEK   and they would not allow the actions of that employee to continue for 6 months or a yr definitely NOT years

butterfly   I agree but it is not their fault all by themselves, it is the idiots that keep voting them back in term after term after term.....that is where the educational system falls in there.

UNEEK   yes I agree with that as well - heck they want to decide if you even have a right for a medical procedure based on your age ughhhh grrrrrr ! Heartless !!!!

butterfly   I have a friend that said, no elder should ever have to pay for their medicine or their visits to the doctors, etc etc AND he said the same thing about the people that serve and protect our country.

UNEEK   butterfly good plan - they have it all backwards don't they - instead they give all of that to people that are here illegally or in some other undeserving category - called lazy - won't get a job ??

butterfly   UNEEK I don't have a problem with the ones here illegally. I have a problem with the ones that are here and don't give a shit about their fella man/woman. Those that are here "illegally" are always hiding bc they don't want to be caught, but are living a much better life than the one they escaped from. I have a problem with the smartass kids that think they are hotshits with their AR-15s proving they are big badassess killing innocent people.

UNEEK   butterfly hummm - I see your point on those issues -- I definitely do not begrudge those that are running from poverty and wanting to provide a better life for their family - I feel the "system" could definitely be monitored - fine tuned - and made more fair and also take measures to provide that same care for our own - veterans and homeless !!!!!!!!!!!!!!!!!

butterfly   UNEEK I call it "distraction"....lets not talk about the ones that really are the problem, not the ones that bend over backwards to help you to try and make a better life for them and their families. Let me put it this way, "do you hear about an "illegal" using an AR-15 going into schools shooting and killing children, so bad that they can't even identify those children. Someone gets pissed off, well I didn't do anything but I was "afraid" they were going to hurt me so I had to blast the guts out of them, oh I could go on and on about the "legals" we have here.....but we must focus on those that are here "illegally". Sorry for going off on it, but people need to get their heads out of the sand........Take care and it was a pleasure talking with you...someone that has their head on straight. Have a great day UNEEK

UNEEK   butterfly I do agree with the issue you stated - it is so sad there is such hatred among us that would kill innocent people - children no less - You have a great day and thanks for posting the news - as always  :Thankyou:

Doug_W   UNEEK 100% agreed

Butterfly  Oil prices fall on fears of oversupply

Monday 15 November 2021 Crude oil prices fell, during Monday's trading, as a result of pressure from expectations of an increase in supply and weak demand for black gold.

Brent crude futures fell 0.7 percent to $81.59 a barrel, while West Texas Intermediate crude also fell 0.7 percent to $80.21 a barrel.

The two markets witnessed a decline during the past three weeks as a result of being affected by the rise in the dollar and speculation that the administration of US President Joe Biden might release oil from the US Strategic Petroleum Reserve to reduce prices.

This week, US energy companies increased the number of oil and natural gas rigs for the third week in a row, at a time when crude oil prices approached their highest level in seven years, prompting some exploration companies to return to exploration operations. https://ninanews.com/Website/News/Details?key=939217

butterfly   2021-11-15 06:19   Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $180 million in foreign currency today, Monday.

Shafaq News Agency correspondent said that CBI's sales of foreign currency in this week's first auction amounted to $180,972,316, 7.61% below Sunday's $182,458,226. The transactions were made at a weighted average of 1460 dinars to every dollar.

Our correspondent explained that 21 banks and 210 exchange companies cashed $44.65 million, while the $136,322,316 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-sells-180-million-in-Monday-s-currency-auction

butterfly   2021-11-15 06:34  Shafaq News/ The Kurdistan Democratic Party (KDP) revealed today, Monday, the names of the political blocs that will form the next Iraqi government.

The KDP Member, Majid Shankali, told Shafaq News Agency, "All political blocs are waiting for the announcement of the final results (of the elections) and the Federal Court's approval, and accordingly intensive negotiations to form the next government would start."

Shankali added, "The next government will not be consensual as before, but it will be formed with the participation of many political blocs, and it will be consensual with a cover from the political majority."

"The government is expected to be formed at the beginning of next year, with the participation of the Kurdistan Democratic Party, the National Union, Progress (Takadum), and the Sadrist movement as well as a part of the Shiite Coordination Framework. In addition, other political blocs may join in the coming period to participate in forming the government." He pointed out.

For his part, Mohammed Al-Bayati, a leader in the Al-Fateh Alliance, one of the significant forces of the Coordinating Framework, told our Agency that there is a consensus within the Framework to refuse to name the current PM Mustafa Al-Kadhimi for a second term.

Al-Bayati added, "the Framework so far has not discussed the issue of nominating any figure for prime minister in the next stage," stressing that "this matter will be resolved after the Federal Supreme Court approves the results of the early parliamentary elections."

He revealed, "The leader of the State of Law coalition, Nuri al-Maliki, is the most prominent person for prime minister," adding, "This matter remains subject to consensus among all political blocs, not just Shiites." https://www.shafaq.com/en/Iraq-News/KDP-reveals-the-political-blocs-that-will-form-the-next-government

Clydesdale   Yes, now I want to take this guru seriously with analyzing the news for me. He thinks the last quarter of the year started in November.

:Think: 11-14-2021 Newshound Guru MilitiaMan Article: "International experts announce a new amount for the remainder of Iraq's compensation to Kuwait" Quote: "...476 million dollars, while it is likely that the full compensation will be paid in the last quarter of this year..." So it says, Iraq is likely that they will pay the last part of the compensation plan to Kuwait in the last quarter of this year. Well we are in the last quarter and have been for a couple weeks now...they tell us "previously" that the payment will end in the first quarter of 2022...Well, they moved it up to this last quarter and it has the potential to even have been paid by now or shortly here to come.

butterfly   Clydesdale As usual, it is up and then it is down, oh wait, lets go back up, no lets go back down. This is Iraq and has been for many many years. I don't try to figure out what they are saying or doing, I gave up on that many years ago. What shall we call it comedy central or they are still trying to figure things out. Lordy Lordy

Clydesdale   butterfly Agreed and this is what I was pointing out the MM wrote: " So it says, Iraq is likely that they will pay the last part of the compensation plan to Kuwait in the last quarter of this year. Well we are in the last quarter and have been for a couple weeks now" Two weeks ago was the start of November and October was thr start of the "last quarter"

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Zig’s Place Chatroom News Sunday AM 11-14-21

Zig’s Place Chatroom News Sunday AM 11-14-21

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

butterfly   Economist: Saudi Arabia And Kuwait Are Forcing Iraq To Pay $40 Billion Without A Reduction

The economic expert, Nabil Al-Marsoumi, revealed, on Sunday, that the size of the Iraqi external and internal debt exceeded about 100 billion dollars, while noting that Saudi Arabia and Kuwait are forcing Iraq to pay 40 billion dollars without reduction.

Al-Marsoumi said in a statement to "Al-Maalouma", that "the effective foreign debt on which Iraq pays annual interest amounts to 20 billion dollars."

He added, "There are other frozen foreign debts amounting to 41 billion dollars, for which Baghdad does not pay interests at the moment to Saudi Arabia, the Emirates and Kuwait, and they refuse to treat their debts as the Paris Club countries did, which extinguished 80% of their debts on Iraq."

Al-Marsoumi indicated that “the internal debt reached 60 trillion dinars, while Iraq paid during the first eight months of this year 4.465 trillion dinars for its debt service installments.” https://almaalomah.me/2021/11/14/564403/

butterfly   Iraq Seeks To Recover Two Billion Dollars Of Its Smuggled Money

11/14/2021 | 9:20 AM   The Integrity Commission announced, on Sunday, its quest to recover more than two billion dollars of smuggled Iraqi funds, in which court rulings were issued, as well as 14 real estate and 5 stakes in various companies.

The Director General of the Recovery Department at the authority, Moataz Faisal Al-Abbasi, said in a statement reported by the newspaper, "Al-Sabah" and seen by "The Information", that "the authority has a database that classifies funds according to the functions and competencies of the recovery department under its federal law on corruption funds, and it is necessary to refer to the recovery mechanism, which It begins with issuing a judicial decision that includes the damage to public money, and when it is proven that the convict or the wanted person has money in another country, it requests that it be seized by virtue of a request for legal assistance. money.”

Al-Abbasi added, "Those funds that have filed lawsuits to recover them amounted to 17.7 million dollars, while the authority was able to seize funds in various countries amounting to 4.17 million dollars, and work is underway to recover them, in addition to seizing 14 ) real estate and (5) stakes in different companies,” explaining that “the sums of which judicial rulings have been issued and are being worked on, amounted to approximately two billion and two hundred million dollars.”

butterfly   He explained that "the smuggled assets are divided into before 2003 and after that date, and the recovery department and the Iraq Money Recovery Fund are concerned with recovering them," noting that "financial assets dating back to before 2003 generally include money belonging to people or front companies that were put in place to circumvent sanctions.

The international community, the financing of the former regime for security purposes, the financing of external activities and their use of carrots and sticks, such as protecting the regime and trying to implement its own policies outside Iraq.”

Al-Abbasi pointed out that “these assets, whether they are money, real estate, or various assets, are within the jurisdiction and work of the Iraq Funds Recovery Fund, and they are funds classified by the law establishing the Fund as illegal funds, and relates to the time period before (2003), and the recovery department is concerned with funds.” Smuggled as a result of corruption, for which judicial rulings were issued after the establishment of the Integrity Commission and granting it this jurisdiction.” https://almaalomah.me/2021/11/14/564324/

butterfly   2021-11-14 04:52  Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $182 million in foreign currency today, Sunday.

Shafaq News Agency correspondent said that CBI's foreign currency sales in this week's third auction amounted to $182,458,226. The transactions were made at a weighted average of 1460 dinars to every dollar.

Our correspondent explained that 12 banks and 188 exchange companies cashed $32,60 million, while the $150,398,226 went to boost funds abroad in the form of credit and non-cash transactions, with 23 banks meeting those demands.

butterfly   2021-11-14 04:11  Shafaq News/ The devaluation of the Iraqi dinar was opted to boost the domestic product, protect the Central Bank's reserves of hard currency, and bolster the budget, Iraq's Ministry of Finance said in a statement on Sunday.

The statements said that the stifling financial crisis that struck the country impeded the state's capacity to accommodate the inflated expenditure rate and growing salary invoice amid a stagnant oil market and perilous public health situation.

The Ministry said that the budget mediates the need for a rational financial administration and a safety net for the vulnerable groups.

"The Ministry's policy was endorsed by the International Monetary Fund and the World Bank, who both admitted the hardships of current financial situation," the statement said.

Earlier in October, the Ministry said that the devaluation halted the freefall of the national reserve of foreign currency and boosted the importation capacity.

In December, 2020, Iraq's central bank increased the sale price of U.S. dollars to banks and currency exchanges to 1,460 dinars, from 1,182 dinars, seeking to compensate for a decline in oil revenue due to low crude prices.

The central bank of Iraq said the key reason behind the dinar's devaluation was to close the gap of widened 2021 budget inflation after a collapse in global oil prices, a major source of Iraq's financial resources.

The devaluation decision came as a preemptive move to prevent "draining Iraq's foreign reserves" and help government to secure public servants' salaries.

But in Iraq's largely dollar-denominated economy, lowering the value of its dinar by a significant rate, which was the highest devaluation rate since 2003, immediately raised the price of goods, hitting living standards. https://www.shafaq.com/en/Economy/Iraq-s-Finance-Ministry-dinar-devaluation-was-the-right-choice

butterfly   2021-11-14 07:01  Shafaq News/ The Iraq Stock Exchange (ISX) traded more than three billion equities valued at more than two billion dinars last week.

A report of the market obtained by Shafaq News agency said, "42 publicly traded companies cast out of 105 enlisted companies," indicating, "42 did not cast out for buying and selling prices disparity. In addition, 22 companies were delisted by the Iraqi Securities Commission for violating the disclosure regulations."

"3,437,000,000 equities were traded this week, up by 29.23% the previous session, at a value of 2.719 billion dinars, up by 44.99%, via 1,272 transactions made last week."

"ISX60 index closed at 588.71, 1.26% above last session's closure," the report added.

It is noteworthy that Iraq Stock Exchange installed Central Depository and Electronic Trading Systems in 2009. It organizes five weekly sessions and lists 105 public companies from different economic sectors https://www.shafaq.com/en/Economy/ISX-traded-2-billion-dinars-worth-of-equities-7

butterfly   2021-11-14 06:05  Shafaq News/ The head of al-Hikmah (Wisdom) Movement, Ammar al-Hakim, called today for "immediate intervention" to solve the high food prices crisis.

Al-Hakim said, "The government is supposed to address the issue which has negatively affected the citizens, especially those with limited income, through immediate intervention and price control."

"The rise in oil prices diversifies the government's options and solutions."

Flour prices suddenly rose throughout Iraq, as the price of one bag exceeded 45 thousand Iraqi dinars from 28 thousand dinars, which increased the prices of bread. https://www.shafaq.com/en/Iraq-News/Al-Hakim-calls-on-the-government-for-immediate-intervention

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Zig’s Place Chatroom News Saturday 11-13-21

Zig’s Place Chatroom News Saturday 11-13-21

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

Butterfly    Adviser to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, announced on Saturday that the country’s external public debt has decreased to $20 billion, while stressing that the year 2022 will be free of financial hardships and financing restrictions.

Saleh said in an interview seen by / the information /, that "the external public debt of Iraq is in a waiver and is within the limits of 20 billion dollars, and the public budget bears the debt-extinguishing services according to set timings," noting that "the internal debt is still the largest at the present time, It exceeds the external debt three times, but remains confined to the framework of the government financial system exclusively, and is not related to the public.”

He added that "Iraq is in recovery and will inevitably live in the next 2022 without financial hardships or financing restrictions, caused by a lack of revenues, due to the recovery of the energy market and the boom in demand for oil, as well as the increase in the proceeds of Iraq's oil production by 400 thousand barrels per day," noting that "" This addition to the current total oil production and alone will generate an additional annual revenue estimated at about 17 trillion Iraqi dinars if the average price of a barrel of oil reaches $75.”

butterfly   Saleh pointed out that “the issue depends on the total spending ceilings in the budget, and if it is assumed that the spending ceiling in the 2022 budget is the same in 2021, and that the average price of a barrel of oil achieved throughout the year is not less than $75, then the oil revenues will alone cover the expenses.” The college is included in the budget and achieves something from the surplus in the availability of other non-oil revenues.”

He added, "This means that for the first time, there will be a budget that achieves a financial surplus without the need to borrow, and if borrowing is achieved, it does not exceed 3% of the gross domestic product, which is stipulated in the financial management law in force due to ongoing construction projects linked to its financing with international loans," he added. By saying: "In my estimation, it does not exceed 3 billion dollars per year, in addition to the construction loan whose bonds are offered for circulation to the public at a trillion dinars." https://almaalomah.me/2021/11/13/564156/

butterfly   A member of the former Parliamentary Economy and Investment Committee, Nada Shaker Jawdat, accused, on Saturday, Finance Minister Ali Allawi of failing to manage the economic and reform file in the country, indicating that Allawi bears full responsibility after raising the dollar and flour prices.

Jawdat said in a statement to "Al-Maalouma", that "Finance Minister Ali Allawi proposed the economic reform paper, and what the citizen gained from it is raising the prices of basic commodities and the dollar, raising the prices of treatment and homes, the last of which is bread, and bears full legal and political responsibility towards the people."

He added, "International oil prices rose more than the prices that were estimated in the 2021 budget, but the government did not explicitly announce the development projects that took place at the difference in oil prices."

Jawdat indicated that "the employee's salary was reduced by 21% and the prices of basic goods increased by about 50%, which means that the percentage of the remaining salary is 50% of its real value before the arrival of the current government." https://almaalomah.me/2021/11/13/564084/

butterfly   Muqtada al-Sadr clings to the role of the maestro of the political process

https://rawabetcenter.com/archives/137912

butterfly   Iraq's external debt has fallen to $20 billion, and the next year will be without financial hardship

https://rawabetcenter.com/archives/137915

butterfly   https://rawabetcenter.com/archives/137915

Dave   Wowsers......faked assignation attempt........???? Like the faked insurrection at the Capital....?

butterfly   In an important meeting .. the National Oil Company is discussing plans to start operating the crutch field

Saturday 13 November 2021 21:36 The National Oil Company held a meeting headed by the Minister of Oil, Ihsan Abdul-Jabbar Ismail, the company's president, and in the presence of the two vice presidents and members of the Board.

A statement by the ministry stated: The meeting’s agenda included a discussion of the mechanisms for updating the national energy strategy for 2015 in line with the national oil trends and plans in developing the oil industry in Iraq, the variables and expectations in the global energy markets and the company’s plans to increase exploratory drilling activity in order to increase and strengthen the proven reserves of oil and gas.

He added: The meeting also discussed accelerating the development of the crutch gas field in the western desert of Anbar Governorate, and plans to start operating the crutch gas field by the national effort as a first stage to enhance gas supplies, and in preparation for attracting global investments in this framework. https://ninanews.com/Website/News/Details?key=938927

butterfly   In an important meeting .. the National Oil Company is discussing plans to start operating the crutch field

Saturday 13 November 2021 21:36 The National Oil Company held a meeting headed by the Minister of Oil, Ihsan Abdul-Jabbar Ismail, the company's president, and in the presence of the two vice presidents and members of the Board.

A statement by the ministry stated: The meeting’s agenda included a discussion of the mechanisms for updating the national energy strategy for 2015 in line with the national oil trends and plans in developing the oil industry in Iraq, the variables and expectations in the global energy markets and the company’s plans to increase exploratory drilling activity in order to increase and strengthen the proven reserves of oil and gas.

He added: The meeting also discussed accelerating the development of the crutch gas field in the western desert of Anbar Governorate, and plans to start operating the crutch gas field by the national effort as a first stage to enhance gas supplies, and in preparation for attracting global investments in this framework. https://ninanews.com/Website/News/Details?key=938927

butterfly   Iran likely did not order drone attack on Iraqi prime minister, current, former U.S. officials say https://www.shafaq.com/en/Report/Iran-likely-did-not-order-drone-attack-on-Iraqi-prime-minister-current-former-U-S-officials-say

Dave   butterfly plans to increase exploratory drilling activity in order to increase and strengthen the proven reserves of oil and gas.

butterfly   Dave I want an electric vehicle.

Dave   Kap's value of Iraq's proven assets based on exploration decades ago......

Dave   butterfly wait until gas is 8 bucks a gallon

Dave  we pay that here almost.......

butterfly   I watch a lot of homestead rescues and those that want to live out in the woods. This one guy built a home and has no bills, all solar and he converted his vehicle to electric.....all electricity taken from the atmosphere.

Dave   hmmm.....Many elecric cars here now

butterfly   I have the information to convert a vehicle to use only water.

Dave   govt providing many free rapid charging stations

Dave   butterfly ????

butterfly   Dave ????

Dave   moonshine maybe

Dave   hydrogen fuel cells .....

butterfly   Dave Nope, it can be done and many have done it. This was given to me many years ago. I came across it the other day while cleaning out my files.

Dave   water plus coal equals steam.......

butterfly   I am not mechanical so I have no idea, but saved it for my grandsons to try. still have it and haven't given it to them. Life is way to busy to worry giving it to them. It was on a website and showed proof of those that did the conversion

Dave   like to see that......

Dave  h2o.......nothing greener than that

Dave   I think you maybe be referring to Ballard hhydrogen fuel cells......

butterfly   I looked in one of my Misc files and could not find it, so I went on google and came up with this: What happened to the guy who invented the car that runs on water?

A man, who claimed to have invented the water powered car, died suddenly after eating at a restaurant and running outside screaming 'they poisoned me'. ... Despite an investigation, the police went with the Franklin County coroner report which ruled Meyer, who had high blood pressure, died of a cerebral aneurysm.

butterfly   WaterCar Panther is truly an all-terrain vehicle, working both on land and on water. It can reach impressive speeds on water and on land, over 40 mph on water and over 55 mph on land.

butterfly   https://www.streetdirectory.com/travel_guide/58658/mileage_and_fuel/converting_your_car_to_run_on_water.html Converting Your Car To Run on Water

Dave   yes like the Hydrogen fuel cells.......transporting hydrogen esp in Quanity.....very dangerous.uber explosive....had buses in Vancouver trying this.....

butterfly   I did not know this but was confirmed. A vehicle using regular gas would explode faster then a vehicle using diesel.

Dave   Hindenberg come to mind.........?   KA BOOM

Dave   This is really cool........if we all knew about what is available to us now......We do have much better stuff to fuel this planet.......OPEC prefers we kill it.......? https://www.bing.com/videos/search?q=hydrogen+fuel+cells&&view=detail&mid=0F8841A322B489EEE5520F8841A322B489EEE552&&FORM=VRDGAR&ru=%2Fvideos%2Fsearch%3Fq%3Dhydrogen%2Bfuel%2Bcells%26FORM%3DHDRSC3

Dave   21st century application......vs fossil fuels https://www.bing.com/videos/search?q=hydrogen+fuel+cells&&view=detail&mid=5B1BDC347B862883026C5B1BDC347B862883026C&&FORM=VRDGAR&ru=%2Fvideos%2Fsearch%3Fq%3Dhydrogen%2Bfuel%2Bcells%26FORM%3DHDRSC3

Dave   Ionic batteries......huge Co2 footprint.......Lithium minded in Northern Canada Manitoba,,,,No Mansland shipped by rail to Vancouver......shipped to China to be refined .......shipped to Germany they make the batteries then sell and shipped across the Earth......why not just make them here.....Germany makes HUGE bucks doing this.......

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Zig’s Place Chatroom News Friday PM 11-12-21

Zig’s Place Chatroom News Friday PM 11-12-21

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

Butterfly   Election of Iraq to membership in the Capacity Building Committee in the Paris Agreement

Saturday 13 November 2021 01:10 The Ministry of Environment announced the election of Iraq to the membership of the Capacity Building Committee in the Paris Agreement within the activities of the 26th Glasgow Climate Change Conference.

Jassem Al-Falahi, authorized to manage the Ministry of Environment, head of the delegation participating in the Climate Change Conference currently being held in Glasgow, said that "this is the first time that Iraq is elected to such a position in the Framework Convention on Climate Change,"

noting at the conclusion of the summit, the importance of supporting Iraq in implementing the requirements of a document National contributions to climate change and encouraging the transition to dependence on clean energy for its great importance, as well as preparing the climate strategy, and encouraging the integration of the private sector and civil society organizations in climate action in Iraq. https://ninanews.com/Website/News/Details?Key=938776

butterfly   The Story Of Al-Kazemi’s Assassination (From A To Z) Full Details Of Before And After The Accident

12/11/2021 | 11:16 AM   The Story Of Al-Kazemis Assassination From A To Z Full Details Of Before And After The AccidentBooks / Salam Adel

On Friday, 5 / 11, demonstrators belonging to the Asa’ib Ahl al-Haq movement were killed, during demonstrations that erupted that afternoon in front of the gates of the Green Zone, and a force from the Baghdad Operations Commandos had fired live bullets at the entrance to the Green Zone near the suspension bridge, while another force fired At the same time, from maintaining order at the entrance to the legislation, and all field operations were managed by the Group of 73, a group affiliated with the intelligence service called the Al-Shahwani Group.

The founding force of the intelligence service, which has been responsible for the dirty operations since 2003, including mysterious assassinations and antiquities smuggling, and this includes the killings of young people in the October 2019 demonstrations.

On the next day, which coincided with Saturday 6/11, Al-Kazemi met in the morning at 9 with his own team, and all indications were pointing in the opposite direction in terms of the difficulty of getting rid of the conviction that would topple him, as a result of the killing of the demonstrators, which coincided with a move across the judiciary supported by evidence. By Sheikh Qais Al-Khazali, which made Al-Kazemi and his team make a preliminary decision to work on creating an escalating opposite wave by any means, whatever the cost, to get rid of the conviction and turn the equation.

butterfly   At 12 noon, Al-Kazemi decided to fully prepare for a confrontation with Asa’ib, but the nature and quality of it was not determined, which made him decide to take (his family) first, which consisted of his wife and daughter out of Iraq, so they were quickly expelled through Baghdad Airport by a small private plane to Beirut, and he Al-Kazemi himself contacted the director of Beirut airport to receive the family and bring them into Lebanon without officially passing through the passports, for security reasons, as Al-Kazemi requested.

Discussions continued inside Al-Kazemi’s office until 6 pm, at which time it was decided to agree to implement a plan described by Mashreq Abbas, Al-Kazemi’s advisor, as the proven plan, as it was inspired by previous operations carried out by activists and media, in terms of making a wide media wave, leading news bulletins and attracting international sympathy and solidarity, which is A plan to arrange an assassination attempt on Al-Kazemi, as activists and bloggers have always fabricated it with the aim of obtaining protection and political asylum.

Until 12 at night, Al-Kazemi and Mashreq Abbas were moving in a very private and secret manner to arrange the assassination, and they were even keen not to inform the President of the Republic, Barham Salih with this arrangement so that the event would create a resounding psychological shock in order for the incident to achieve its goals, and they were satisfied with using Lieutenant-General Ahmed Salim, Baghdad Operations Commander And the commander of the Special Division, Major General Hamed Al-Zuhairi, after the two were informed that they were involved in the killing of the demonstrators and that they might be condemned by the judiciary, and for this they should make an effort and join the plan to create the opposite wave in order to protect against accountability and thwart attempts at conviction with a proactive step.

butterfly   At 2 am on Sunday 7 / 11, the scene of the fabricated assassination had been prepared, as a sound pressure device was planted at the entrance to one of the abandoned houses by the Group of 73, and Lieutenant-General Ahmed Salim brought a black projectile de-padded from the stores of Baghdad operations, which had been carried out.

It had been possessed earlier, and this projectile was placed on the roof of the house, and Major General Hamid Al-Zuhairi also contributed to bringing a damaged car from behind as a result of an accident that occurred 7 months ago in the garage of the Special Division Command, where a Katyusha missile targeting the US Embassy fell in that garage and caused another car to explode. He was parked behind the damaged car, causing damage to it from behind.

After the crime scene decoration was completed, the sound device was detonated, which caused limited pressure within the vicinity of the explosion, in addition to minor damage to the walls, one of the doors and windows, and the surrounding floor. Indiscriminate shooting by members of the Group of 73, in addition to a single machine gun that was provided by the command of the Special Division, Mashreq Abbas passed through a text message to Al-Arabiya Al-Hadath channel about the incident of the assassination of Al-Kazemi.

butterfly   1  At three o’clock in the morning, the situation began to develop on the media level, and although the idea of ​​the assassination was intended to cause an opposite media wave, Kazemi and Mashreq Abbas did not plan for media marketing because they were too busy preparing for the accident, which opened the door to confusion.

She wonders Mashreq and Al-Kazemi decided to shoot a video in which Al-Kazemi appears to explain what happened, and at the same accelerated time, Major General Saad Maan was calling Mashreq Abbas as the head of the Security Media Cell and he should present a position, as well as Major General Yahya Rasoul as a spokesman for the Commander in Chief of the Armed Forces, because Mashreq Abbas has made the declaration of any security information related to him exclusively central, and he is the only one who directs the spokesmen.

For this reason, Mashreq Abbas passed brief information about the targeting of a drone and that the Prime Minister had left unharmed, but a number of guards were injured, so the speaker, Saad Maan and Yahya Rasul, understood the difficult reality and became Each of them provides data fromHis diligence differs from the other, and this created a difference even in the number of injured people, between 7 to 10.

butterfly   Kazemi and Mashreq Abbas continued throughout the day on Sunday, communicating with the Iraqi embassies abroad in order to obtain international solidarity positions, and exhaustion and fatigue almost made them fall into a state of complete exhaustion, and Mashreq decided to photograph the scene of the accident and present it to the thirsty media at that moment, although it was possible to show a filming Surveillance cameras,

which alone were enough to show what happened from a drone attack, according to what was announced, but the truth is that surveillance cameras were not available, because the house was abandoned and there were no cameras, and the footage of the scene of the accident did not show the presence of human blood confirming the exposure Some of the guards were injured.

Although the meeting of the coordinating framework forces with the presidencies and in the presence of Al-Kazemi, which took place on Monday evening 8/11, obligated Al-Kazemi to form a technical committee to investigate the assassination, but Al-Kazemi, despite the passage of three days since the decision to form the committee, did not form it, and it was not allowed It will not be allowed to open the alleged crime scene to investigators from any side, because this will reveal the truth of the explosion that occurred by an implanted sound device and not a drone, and that the operation was not (assassination) but (fraud).   almaalomah.me

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Zig’s Place Chatroom News Friday AM 11-12-21

Zig’s Place Chatroom News Friday AM 11-12-21

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

Butterfly   Oil prices fall as the dollar rises

Friday 12 November 2021 Oil prices fell, today, Friday, erasing gains made in the previous session, as the dollar continued to rise, thanks to bets that the US Central Bank will present plans to raise interest rates in order to curb inflation.

US West Texas Intermediate crude futures fell 26 cents, or 0.3 percent, to $81.33 a barrel by 0128 GMT, after a gain of 25 cents on Thursday.

Brent crude futures fell 25 cents, 0.3 percent, to $82.62 a barrel, erasing Thursday's gains. There are positive signs in terms of demand with the air travel recovery accelerating, but monetary and fiscal tightening and the upcoming Northern Hemisphere winter will be disincentive.

The two contracts are heading towards ending the week almost unchanged after sharp moves up and down driven by the rise of the dollar and speculation about whether the administration of US President Joe Biden will release oil from the Strategic Petroleum Reserve to calm prices.

On Thursday, the Organization of Petroleum Exporting Countries (OPEC) lowered its forecast for oil demand in the fourth quarter by 330,000 barrels per day from last month's forecast, as high energy prices curb the recovery from the Covid-19 pandemic.

Baden Moore, an analyst at National Australia Bank, said he expects the oil market to remain tight into the third quarter of 2022 as demand continues to recover.

"OPEC + is very shrewd in its management of global supplies as demand recovers from the pandemic," he added.

OPEC +, which includes OPEC, Russia and allies, agreed last week to stick to plans to add 400,000 barrels per day to the market per month. ninanews.com

butterfly   The exchange rate of the dollar maintains its stability in the local markets

Friday 12 November 2021 The dollar exchange rates maintained their stability in the local markets today, Friday.

And the selling price of the dollar was 148,500 dinars, and the purchase price was 148.000 dinars, for every $100. ninanews.com

butterfly   Dollar climbs after hot U.S. inflation; euro dips 2021-11-12 00:03

Shafaq News / The dollar rose to almost 16-month highs against the euro and other currencies on Thursday, after the hottest U.S. inflation reading in 30 years encouraged bets that the Federal Reserve would tighten monetary policy faster than expected.

News on Wednesday that U.S. consumer prices rose last month at the fastest annual pace since 1990 fueled speculation that the U.S. central bank would lift interest rates sooner than expected as traders question its stance that current high inflation is "transitory."

The dollar index looked set for a second straight day of gains, touching a session peak of 95.197, its highest since July 22, 2020. It was last up 0.36% at 95.1630.

The euro was down 0.28% at $1.1446 after hitting $1.1430, the lowest since July 2020.

Second-day inflation-related bets and closure of the U.S. bond market for the Veterans Day holiday likely reduced trading volume and amped up price volatility, said Joseph Trevisani, senior analyst at FXstreet.com, a website following financial markets.

"Generally when the bond market is closed there's less liquidity and you tend to get more exaggerated moves because there's less liquidity to absorb any particular move," he said.

Sterling was down 0.31% at $1.3363 after hitting $1.3359, its lowest since December 2020. Data showing Britain's economy lagging rivals in the July-September period did little to help.

The greenback was last up 0.15% against the Japanese yen , trading in a range of 113.81 yen to 114.15 yen during the day after the U.S. currency rose sharply on Wednesday.

The dollar scored its second straight day of gains against another safe haven, the Swiss franc , last up 0.40% at 0.9217.

Swiss National Bank governing board member Andrea Maechler said at an event late on Thursday the Swiss franc remained in demand as a safe haven investment with market uncertainties elevated due to the ongoing COVID-19 pandemic.   Source:Reute

butterfly   Report: Iraq’s Protesters Become Parliamentarians 2021-11-12 04:02

Shafaq News / October, Iraq held its fifth parliamentary election since the 2003 U.S.-led invasion. The polls took place in a moment of deep gloom and anger with the political process. Many Iraqis across the country refused to vote out of the conviction that elections have not deepened democracy but instead have reinforced the unaccountable and corrupt political system that has prevailed since the toppling of Saddam Hussein.

As expected, turnout for the vote was the lowest in Iraq’s recent history, officially recorded at 36 percent. Many analysts believe that the true figure is in fact much lower. The international community, including the United States, the European Union, and the United Nations, invested millions of dollars in trying to instill trust in elections, which first took place in 2005.

So, too, have religious institutions and leaders such as Grand Ayatollah Ali al-Sistani sought to get Iraqis to vote. Despite these efforts, many Iraqis remain thoroughly disillusioned and disinterested in the electoral options offered to them.

Nevertheless, these elections did appear to provide some grounds for optimism. A few parties and political figures associated with huge public protests in 2019 won seats in the new parliament. They share a distrust of and impatience with the Iraqi political system and seek to curb the entrenched corruption that has created a narrow ruling elite. This system has proved resilient to all challenges, but the burgeoning coalition of reform-minded political groups holds out the prospect of at least incremental change in Iraq.

butterfly   This year’s election followed a period of upheaval in Iraq. In the wake of the 2018 election, many Iraqis took to the streets, convinced that the vote was rigged. Demonstrations flared that year in Basra, which suffered power and water cuts in the scorching summer months, with protesters calling for better services and condemning the corrupt political class. In response, the state violently clamped down on protesters in Basra in a sign of things to come.

The Iraqi government has lost the confidence of much of the country. Almost two-thirds of Iraqis are under the age of 25. In recent years, faced with economic crises linked primarily to fluctuations in the price of oil (which accounts for over 90 percent of state revenue), the government has struggled to create jobs and provide basic services to this growing population. Instead, the establishment parties have used their access to government positions to take from state coffers and develop and sustain their own patronage networks, catering only to a shrinking sliver of society.

Disillusionment over this politically sanctioned corruption bubbled over in 2019 when young Iraqis took to Baghdad’s Tahrir Square and other squares in the south to again protest failures of governance. Known as the October Uprising, these demonstrations spread to cities across the country and posed a major challenge not just to the government of Prime Minister Adel Abdul-Mahdi but also to the political system that came into being in the wake of the 2003 invasion—the simultaneous collaboration and competition of ethnosectarian political parties (including Shiite, Sunni, and Kurdish groups and parties representing smaller minorities) in forming governments and administering the state’s coffers. Protesters arrayed themselves not against a particular leader or party but rather against the entire ruling elite and the political status quo that elections only reinforce.

butterfly   The state responded to protests in Basra in 2018 and the 2019 October Uprising with unprecedented violence. The government, which viewed the uprising as an existential threat, relied on armed groups that killed hundreds of demonstrators and injured tens of thousands more.

Eventually, authorities were able to reclaim the public squares and send protesters home. Since then, the state has sought to deter mass mobilizations in part by allowing armed groups to carry out a campaign of assassinations that have targeted dozens of political activists and civil society leaders. These armed groups enjoy total impunity for helping to protect the system from the upwelling of popular anger. Authorities have jailed, tortured, and intimidated many more activists.

The repression of the protest movements achieved its desired result. If many Iraqis in 2018 doubted that their votes could bring about change, many Iraqis in 2021 grew to fear that protests are incapable of bringing about change and only invite violent retribution.

The low turnout of the 2021 election reflected the sense of resignation that pervades Iraqi society. Parties with social bases and networks of patronage won a disproportionate number of seats, taking advantage of voter apathy. The bloc led by Shiite leader Muqtada al-Sadr did best, increasing its parliamentary seat total from 54 to 73, while its main competitor, Fateh, struggled primarily because of its failure to navigate changes in the electoral system. In the years since the toppling of Saddam Hussein, Sadr has often portrayed himself as a political outsider and an antagonist of the state even as he remains one of Iraq’s chief power brokers.

butterfly   But the election didn’t just offer more of the same. New parties and political leaders who had emerged from the protests of recent years did surprisingly well. Emtidad, a party that grew out of the occupation of squares in the city of Nasiriya and is led by the protest organizer Alaa al-Rikabi, won nine seats. Rikabi himself received the third-highest number of votes of any individual candidate.

Other protest-inspired groups fared well, including Ishraq Qanoon, which won six seats, and the New Generation Movement, which won nine seats. The latter is a party born out of protests in the autonomous Kurdistan region, where many people suffer from the same disillusionment as people in central and southern Iraq. Several activists involved in the protests across the country also ran as independents and won seats.

Together, these groups and figures could form an important slice of the new parliament. They have claimed that they will not take part in the usual horse-trading that comes after an election as parties wrangle over access to state coffers but will instead use their seats to form an opposition to the ruling consensus.

At stake here is the emergence of something that has never really existed in Iraq’s recent history: an opposition within the parliament. Instead of the usual national consensus governments that bring together all sides, these MPs seek to forge a significant bloc that can represent thoseIraqis who do not benefit from existing patronage networks.

If they can survive as an integral bloc over the next four years, they hope to win even more votes and build an even bigger opposition bloc in the next election, holding out the prospect of greater accountability and incremental reform coming from within the system—a possibility that many Iraqis have given up on.

butterfly   Nevertheless, this coalition of parties affiliated with the protests faces an uphill battle. Similar challenges to the status quo in Iraq have foundered in the past. The Gorran movement that emerged from protests in the city of Sulaymaniyah in the autonomous Kurdistan region in 2009 ultimately failed to change the political system.

It, too, sought to form an opposition to bring down the duopoly of the Kurdistan Democratic Party and the Patriotic Union of Kurdistan in Kurdistan. But over the years, the two dominant parties managed to divide and weaken the Gorran movement. The death of its leader, Nawshirwan Mustafa, also sparked further infighting and exposed deep internal tensions.

A year later, the Iraqiya coalition, which consisted of a mix of secular Sunni and Shiite parties, won the 2010 election but never managed to come to power: then Prime Minister Nouri al-Maliki was able to entice defectors to leave the group, again revealing the great vulnerability of broad coalitions in Iraqi politics. He also managed to end the feuding between the main Shiite parties; the establishment came together in the face of the threat of Iraqiya.

Today’s most recent iteration of resistance to the prevailing political system will face similar challenges. Its coalition is not hugely unified. It will come up against the entrenched interests of the elite consensus; Sadr, Maliki, and other standard-bearers of the establishment will again set aside feuding to break up and contain the challengers.

butterfly   The powerful ruling parties fear being dislodged from their perch and losing control of the state coffers. As they form a new government in the wake of the election, they will negotiate not just for ministerial jobs but also for senior civil service positions, posts that have allowed these parties to generate revenue and maintain their patronage networks.

The divisions between the dominant parties—namely, between those attached to Sadr and those aligned with Maliki and Fateh—may at times be pronounced and have led to violence (including the recent assault on the residence of the prime minister), but they are not insoluble; the political elites will ultimately agree to stymie the protest parties, which represent a new existential threat to the current order.

The ruling elites are experienced in dividing, threatening, and silencing such threats. For their part, the MPs affiliated with the protests are not part of a coherent bloc and are, in many cases, new to politics. They must square a circle; they will have limited ability to effect change in a parliament tilted against them, but their inability to effect change will be held against them in the next election cycle. At times they will also risk being divided, given that they represent not a single entity but many small movements. They may lose the confidence that many desperate Iraqis bestowed on them.  source: The Foreign affairs

butterfly   What charge awaits Al-Kazemi if he is proven to be lying about the assassination? legal clarifies

Posted, 2021-11-12  What charge awaits Al-Kazemi if he is proven to be lying about the assassination legal clarifiesLegal expert Sadiq Al-Jabri revealed, on Thursday, that “Al-Kazemi’s talk about the scheme to target him will lead him to prison if it is proven that he is a liar.”

Al-Jabri said, in a statement to / the information /, that “Al-Kazemi put himself in the accusation box and that the provisions of the anti-terrorism law will be his opponent if it is proven with evidence that the bombing of his house was fabricated and that it was not real because he promoted in one way or another schemes that make it easier for terrorists to target the center of the Iraqi state.” “.

He pointed out that “information crimes, too, will be among the laws that include Al-Kazemi with their tightness, as he promoted baseless terrorist information, and he may have revealed weaknesses or loopholes that will initiate terrorism targeting Baghdad and the security of Al-Khadra.”

He pointed out that “a figure such as the Prime Minister is subjected to an assassination operation and does not suffer any harm, compared to the scenes broadcast at the same moment about the splitting of the wall and the destruction of the armored wheel is doubtful, and the news that was issued about the operation will affect him in the future and may take him out of the political process to prison.” .  burathanews.com

Sheila     This was reposted on November 11, 2021: Bank Appointment/ Currency Exchange Instructions and Checklist

Note: All items on the checklist may or may not apply to your own individual circumstances…some of the items listed may or may not still be applicable at your exchange apt....ask your banker at the time of your appointment.

These are suggestions……IF you have questions-Be sure to ask the Bankers at your exchange appointment,. Always consult a professional for important decisions

https://dinarrecaps.com/our-blog/bank-appointment-currency-exchange-instructions-and-checklist

Zig   sheila : So...ya think we'll need instructions "soon?".....lol

Doug_W   is that USA soon or Iraqui soon?

Zig   I would settle for the word EVENTUALLY....

Doug_W  me too

butterfly   Have you seen this? OMG think of all those that it could heal. https://news.yahoo.com/class-drug-reverses-paralysis-mice-190156205.html?guccounter=1&guce_referrer=aHR0cHM6Ly90LmNvLw&guce_referrer_sig=AQAAAKg1n5lhAtOeqbJFXVcs0CBGH75aP3nDkM_OzLh1evM4kDkW-HZnhoSjOTT2P4rCw7pe4eKH-8jmWBO9JILuG_myM5E6d3ZHAq2jnmA-NhKNm1T7cKFn4XjEEF-uEhVO-WGK0L9PfXpuRRBqeFJZoz3oir2h8gkh7pL4p8Rsngi4 New class of drug reverses paralysis in mice

Doug_W   butterfly that would be G R E A T

butterfly   Doug_W I know, my jaw dropped, and thought of all the military and others that have been paralyzed. OMG that would so helpful.

butterfly   Doug_W GREAT IDEA. .................... ZIG WHERE ARE YOU? THIS IS TOTALLY AWESOME NEWS..........DO YOUR THING..............MAYBE WE NEED TO REPEAT IT SEVERAL TIMES FOR THOSE THAT COME IN LATER IN THE DAY.

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Zig’s Place Chatroom News Thursday PM 11-11-21

Zig’s Place Chatroom News Thursday PM 11-11-21

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

Butterfly   Al-Abadi and the delegation of the Patriotic Union of Kurdistan stress the importance of unifying visions to solve the problems facing the political process

Thursday 11 November 2021 21:46 The leader of the victory coalition Haider al-Abadi and the delegation of the Patriotic Union of Kurdistan headed by Khaled Shwani discussed the situation in the country, and stressed the need to unify visions to solve the problems facing the political process.

According to a statement by Al-Abadi's media office, today, Thursday, he exchanged views with the delegation of the Patriotic Union of Kurdistan regarding the overall conditions in the country, especially the election results and their outcome, the objections to them, and the many challenges the country is witnessing.

During the meeting, the importance of unifying visions between the political parties was emphasized to get out of the many problems facing the political process and the country in order that they would not be negatively reflected on our people, in addition to continuing communication to come up with solutions for what the country is witnessing.

It is noteworthy that the delegation of the Patriotic Union of Kurdistan, headed by Khaled Shwani, met today in the capital, Baghdad, with the political body of the Sadrist movement, as part of a tour of a delegation from the Patriotic Union of Kurdistan to meet with a number of political parties to hold political consultations on the current situation in Iraq.   ninanews.com

butterfly   Deputy: The Majority Government Is Excluded, And The Maliki Bloc Is The Most Efficient To Form It

11/11/2021 | 4:49 PM   Deputy - The Majority Government Is Excluded And The Maliki Bloc Is The Most Efficient To Form Itinformation/special

The independent deputy and winner of the fifth electoral cycle, Basem Khashan, ruled out, on Thursday, the formation of the Saddiya bloc, the majority government.

Khashan said, in a statement to the “Information” agency, that “the first way will be towards forming a majority government, and this matter will not be on the part of the Sadrist movement, but on the contrary, Maliki’s bloc is the most politically efficient in front of the Sadrist bloc, and therefore it can go through the experience of the majority.”

He added, “The other way is consensual, and this matter may return in the situation and circumstances to the first points, where it is not possible to progress and make any reform, because there is a consensus that has taken place on institutions, ministries, and positions, and every party will be commanded in one way or another.”

He pointed out that “any step towards the majority will not remove the specter of consociationalism from the scene, because political assumptions and norms require everyone to maintain balances between the components in political representation.” End / 25 R.   almaalomah.me

butterfly   Sadrists "in Talks on Forming Government" 11th November 2021 Iraq's Sadrist movement in talks on forming government

At a time when the Sadrist movement is seeking understandings with Shiite, Sunni and Kurdish parties to form a government, the forces rejecting the results of the elections are taking to the streets in protest against any Cabinet formation talks before the results issue is resolved.

Click here to read the full story. https://www.al-monitor.com/originals/2021/11/iraqs-sadrist-movement-talks-forming-government

Doug_W   hiya Spark

Sparky   Happy Veterans Day .. 11_11 is a great day .. first hand experience ..9 lbs, 11 ounces ... I was a big baby .. but, enough about me ... lolol .

Zig   Sparky : "I was a big baby".... You still are   :Tongue: LOL.....Happy Birthday!!

Sparky   Zig ... thanks, and agreed ...

Sparky   ...I hear tell that the IQD RV is imminent ... let's all hope ...... hope is a nice thing ...

Sparky   ... hopefully it pops before my next birthday ... if I double my investment, I'll be psyched ...

Doug_W   Sparky don't hold ur breath

Sparky   ... doubling my investment would involve a LOP , then gradual appreciation ...and at that, would take 5 years or more ...  ... if oil is all that Iraq has to offer to the world, then, their ship has sailed imo ... renewable energy, carbon footprint reduction is today ...

Sparky   ... every sane country recognizes climate impact from fossil fuel burning is bad for the entire world, ... our little blue dot with a slight sheild from solar wind .... we eat through those atmospheres, and we are literally toast .... alrighty then ...

Sparky   ... well then , let's just dance ... David Johanson and the New York Dolls ... classic ... back in the day ... but, what is a short lifetime ... only a few years ... relatively ... so, let's just dance ... https://youtu.be/7NLsuLvBIfw ...

Sparky   ... Frenchette ...

Sparky    ... I'm finding it difficult to even remotely consider Iraq being a lucrative investment at this time. Am I missing something ?   Sparky   ... greener fields all about ... check crypto ...

Sparky   ... although crypto currency processing is a major footprint on climate ...blockchain like a set of dice, that go round the globe, then must settle at the same throw ... imu ... exponential probability of fault ...... when accepted, deposited ..

Sheila   good evening all

Sparky   sheila ... hello my optimistic friend ...

Sheila   @Sparky Yes, I Am!!!

Sparky  sheila .. carry on ...

Sheila   Sparky exactly... lol

Sparky  ...I am optimistic too, but a realistic reality ..... not seeing $4.20 a pop .. but, I could be wrong ...... the way the world is now as I understand it ... anything, and I mean anything can happen ...

Sparky   ... meaning I understand zero ..... or, everything ...... but, prolly nothing ...

Sheila  Sparky hoping and praying

Sparky  sheila ... one thing I know is great music ... that's about it ... that's valuable in non-monetary terms ...non-tangible versus tangible ..... as we all know, the intangible makes the difference between knight and day ...... you can't touch it, but ... you can feel it ...... aka great music ...

Sparky   ... I believe a chemical reaction occurs when one who appreciates great musical works, listens, and enjoys ...... expands our minds ...shakin' the tree ... Peter Gabriel ...... https://youtu.be/RiLMrC5IulQ ...

Sheila   Sparky music makes me happy

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Zig’s Place Chatroom News Thursday AM 11-11-21

Zig’s Place Chatroom News Thursday AM 11-11-21

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

Butterfly   To ALL that have served and those that are serving..... A VERY BIG THANK YOU FOR YOUR SERVICE.

butterfly   The Central Bank warns against dealing with digital currencies

Thursday 11 November 2021 The Central Bank of Iraq has warned against dealing with digital currencies due to the great risks associated with these currencies and that they are not subject to any legal, regulatory or technical controls or legislation in Iraq.

The bank stated in a statement that it "closely follows transactions in the digital, encrypted and virtual currency market," stressing that it does not guarantee such currencies and does not provide legal protection for those who deal in them, and has not granted a license to any digital currency currently encrypted. ninanews.com

butterfly   Amer Al-Jawahiri to / Nina /: The budget deficit will not end easily with the rise in oil prices

Thursday 11 November 2021 The consultant in industrial development, industrial cities and investment, Amer Al-Jawahiri, confirmed: "The budget deficit will not end easily with the rise in oil prices."

Al-Jawahiri said in a statement to the National Iraqi News Agency ( NINA ): "We must not rely too much on the rise in international oil prices in light of the desire of oil-consuming countries, after the increase in their gasoline prices in particular, to take certain measures."

He added: "When prices are $70 and above, it is possible to address the hypothetical deficit by reducing unnecessary expenses and the multiplicity of salaries and aliens, through the rule and enforcement of the law that reduces the loss of public funds."

He pointed out that: "Whatever the price of a barrel of oil in the next budget, the deficit will not end easily, but there will be a low deficit that we hope will continue to rise in prices, by ending it in future budgets." ninanews.com

butterfly   2021-11-11 06:24   Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $167 million in foreign currency today, Thursday.

Shafaq News Agency correspondent said that CBI's foreign currency sales in this week's third auction amounted to $167,298,749. The transactions were made at a weighted average of 1460 dinars to every dollar.

Our correspondent explained that 11 banks and 140 exchange companies cashed $27,700 million, while the $139,598,139 went to boost funds abroad in the form of credit and non-cash transactions, with 22 banks meeting those demands. shafaq.com

butterfly   2021-11-11 01:26   Shafaq News / The dollar stood at its highest levels of the year against sterling and the euro on Thursday, while the yen was smarting from its sharpest drubbing in a month, after the hottest U.S. inflation reading in a generation fanned bets on rate hikes.

The euro was pummelled down 1% and through major support to $1.1476, its lowest since July 2020, after headline U.S. CPI came in at 6.2% overnight. It was pinned at that level early in the Asia session and lacks chart support until around $1.12.

Sterling dropped 1.2% to $1.3401, its lowest since December 2020 and the yen reversed a week of gains in a few hours and dropped 0.8% to 114.00 per dollar.

Emerging markets currencies also suffered from the dollar's broad rise, with MSCI's EM currencies index making its sharpest drop in two months as U.S. Treasury yields surged.

The rates moves, especially at the short end, suggest traders believe the Federal Reserve will step in to hike interest rates if prices keep running higher, said National Australia Bank's head of FX strategy, Ray Attrill.

"The market is still conferring a degree of credibility on the Fed, that they are not going to allow very high inflation to persist indefinitely," he said. If the dollar index moves higher than 95, investors might start to get out of the way, he said.

"It's quite a big level technically and if we can break up through that then there will be more people throwing in the towel." The index has climbed as far as 94.905.

butterfly   The U.S. data showed price rises extending into rents, which could drive pressure on wages, both lengthening and broadening the pandemic's inflationary pulse.

In its wake, the difference between five-year U.S. yields and yields at the same tenor in Japan and Germany stand at their widest - in favour of Treasuries - since early 2020.

The Australian and New Zealand dollars fell against the dollar's broad rise on Wednesday, but have found support at around one-month lows as investors figure that rates are also going up to counter inflation in the Antipodes.   Source: Reuters

butterfly   For his part, the Director of Procedures and Training at the Independent High Electoral Commission, Daoud Salman, said that “the commission sent the last batch of answers to the appeals and their appendices to the judiciary.”

Salman said, “The commission has completed all the appeals and their attachments and sent them to the judicial body, which will be free to approve these appeals or not,” noting that “manual counting and sorting operations will take place if the judiciary is not convinced of them.”

He explained, “The commission will announce with the results the number of invalid papers and the number of women and men voting, in implementation of Parliament Law No. 9 of 2020″.   burathanews.com

butterfly   Zidane responds to news of his candidacy for the position of Prime Minister of the new Iraqi government

2021-11-11 02:20   Zidane responds to news of his candidacy for the position of Prime Minister of the new Iraqi governmentShafaq News/ The head of Iraq’s Supreme Judicial Council, Faeq Zaidan, responded today, Thursday, to the news of his candidacy for prime minister in the expected Iraqi government, while noting that the “falsification” of the results of the recent parliamentary elections “has not been proven so far.”

Zaidan said, in statements reported by official media, that “election fraud has not been proven so far with reliable legal evidence.”

He added that “the investigation into the murderers of the demonstrators (who reject the election results) in the vicinity of the Green Zone last Friday is continuing, pending the completion of the investigative committee set up by the prime minister to present it to the judicial body.”

He explained that “the investigation file of the attempted assassination of Prime Minister Mustafa Al-Kazemi is with the committee formed by the prime minister, and has not yet been presented to the judiciary,” noting that “it is still in its early stages.”

Regarding the talk about putting his name up as a candidate to head the new government, Judge Zeidan said that he “refused on more than one occasion to take any position outside the judicial work.”  shafaq.com

butterfly   Mustafa Al-Kazemi is the man of the critical moment

11-11-2021   Mustafa Al-Kazemi is the man of the critical momentMustafa Al-Kazemi is the de facto president of Iraq. He is the head of his government and he is the commander in chief of his forces. And when he is subjected to an assassination attempt, that brings us back to the series of murders in Iraq. Abd al-Karim Qassem, Abd al-Salam Muhammad Arif, Saddam Hussein, and before them the descendant of the royal family, Faisal II.

The failed assassination attempt put Al-Kazemi on a ladder that the former journalist could not dream of. But this man is more dangerous than many expected of the Iranian project, whose guards in Iraq are worried about the possibility of its rapid collapse. For a politician to be subjected to an assassination attempt, this indicates his position, which could pose a danger.

What did Al-Kazemi do to deserve such punishment?

From the first day of his assumption of power, it became clear that Al-Kazemi was not on good terms with the militias, and the leaders of those militias drank poison when they had to agree to assign the position of the chief of the executive authority to a person who they believe with absolute certainty represents the United States’ view of Iraq.

What Al-Kazemi did after that, he confirmed that if he could not harm the popular crowd, he would pursue it with scandals that would drag it into areas of the reckless reaction that he put in the face of the state as a representative of the non-state forces.

butterfly   Al-Kazemi is the head of a temporary authority. But he may be prime minister in the next four years. This is because he is the only candidate accepted by the winning political blocs in the face of the losing political blocs

The Popular Mobilization had defeated Al-Kazemi in an unsuccessful manner when his militia managed to break the prestige of the state and release the detainees from its faction leaders, whom the state had previously charged with murder and kidnapping.

However, the cost of that victory was high. Instead of the Popular Mobilization being a support in the fight against terrorism, its anti-state and anti-law demonstrations showed it as a terrorist organization that works to protect killers, destroy civil peace, weaken the state, blackmail society, and subjugate both.

Al-Kazemi has silently and quietly exposed the lie of the Popular Mobilization’s affiliation with the armed forces and its submission to the orders of the Commander in Chief of the Armed Forces. As it became known, the Hashd is in fact an Iranian occupying force, and Qaani, who is Soleimani’s heir in office, is the one who issues orders to the Hashd, not the Iraqi prime minister.

After the failed assassination attempt, the crowd announced that its war on the Iraqi state and Iraqi society would take a new turn based on killing without a mask. The protesting activists are no longer his goal alone, but the goal will be all politicians who can be reached who want to liberate Iraq, even partially, from Iranian dependence.

The Hashdites consider Al-Kazemi to be responsible for their defeat in the recent elections. This opinion may be correct. Through his failed battles with them, he was able to drag them to the position of admitting that they had nothing to do with the Iraqi national project and that they hated the state and were working to bring it down in implementation of their political reference in Tehran.

butterfly   That is why Ras Al-Kazemi was the one wanted in the speech of one of the faction leaders, Qais Al-Khazali, whom the Prime Minister can file a lawsuit against on charges of inciting his murder. Khazali threatened to retaliate against Al-Kazemi, and then the drones flew in the direction of the prime minister’s house, who knew that the estrangement between him and the militias had reached the season of hell, which portends all kinds of evil.

As Iran thinks through Qaani that bridging the rift is possible by appeasing the popular crowd with a consensual authority based on a partial cancellation of the election results and giving it a chance he lost, Al-Kazemi found in the failed assassination attempt an occasion to invoke the law that does not enjoy any kind of respect for the crowd before. In this, Al-Kazemi insists on being a statesman.

The failed assassination attempt put Al-Kazemi on a ladder that the former journalist could not dream of. But that man is more dangerous than many expected of the Iranian project

It was a failed coup attempt. A failed recipe for a coup that could lead to a clash between Iran and the United States. Is Iran not embarrassed in the face of the exposure of the fact that it intends to overthrow the shabby Iraqi state? Is it not absurd that the mullahs’ state fears the establishment of a state in Iraq whose people are still groaning under the turbans?

butterfly   Al-Kazemi is the head of a temporary authority. But he may be prime minister in the next four years. This is because he is the only candidate accepted by the winning political blocs in the face of the losing political blocs that are hostile to him and that do not have what would qualify them to replace him by peaceful means.

The failed assassination attempt may have put Al-Kazemi in the position that makes him a future bet for a clean Iraq of militias. One day the man will be a hero of an unexpected kind.   rawabetcenter.com

butterfly   Stability in the price of the dollar with the closure of Baghdad markets

2021-11-11 07:53   Stability in the price of the dollar with the closure of Baghdad marketsShafaq News/ The exchange rates of the dollar stabilized against the Iraqi dinar, today, Thursday, with the closure of the main stock exchange in Baghdad.

Shafak News Agency correspondent said that the central Al-Kifah and Al-Harithiya stock exchanges closed in Baghdad at 148,275 Iraqi dinars for $100.

These are the same prices recorded this morning.

Our correspondent indicated that the buying and selling prices stabilized in the 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

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Zig’s Place Chatroom News Wednesday Evening 11-10-21

Zig’s Place Chatroom News Wednesday Evening 11-10-21

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

Butterfly   Iraqi Dinar/US Dollar auction results for Thursday 11-11-2021 executed today 11-10-2021

United States Dollar   The results of the foreign currency sale window on Thursday 11/11/2021 and executed today Announcement No. (4524)   Sale date – Thurs 11/11/2021 and executed today  the details  the amount

Total sales for the purposes of strengthening balances abroad (remittances, credits)  139,598,749

Total cash sale   27,700,000    total total sales  167,298,749

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/1143

butterfly   Al-Zubaidi Talks About The Imminent Overthrow Of Major Corruption Heads, “No One Expected That They Would Fall.”

11/10/2021 | 12:52 PM   The former Minister of Interior, Baqir Jabr Al-Zubaidi, revealed, on Wednesday, the imminent overthrow of a corruption network related to the oil sector, indicating that this network will topple large heads that no one expected that it would fall.

Al-Zubaidi said in a post on his page on the social networking site “Facebook”, which was seen by “the information”, that “the most optimistic thing is the information that we receive, which speaks of the imminent submission of the corruption network that afflicted our oil sector to justice, which will topple large heads that no one expected it to be.” You will fall.”

He added, “All indicators point to a political and economic breakthrough,” stressing that “oil prices will continue to rise, which means that there is no need for external borrowing, provided that the oil file is managed wisely and the catastrophic gaps left by the notorious oil licensing rounds and the corruption that has prevailed over the years are addressed.” The latter in the oil sector, which means the ability to restore the exchange rate of the dollar against the dinar to what it was.”

On the other hand, Al-Zubaidi explained, “The military and political victories in Yemen and Syria reveal that the balance of power does not depend on oil money and the weapons of the developed great powers, but rather depends on the true belief in the just cause and its defense.” finished/25 d   almaalomah.me

butterfly   Al-Nasr: Al-Abadi Is Most Acceptable To Head The Next Government

11/10/2021 | 3:13 PM   The leader of the victory coalition Falah Al-Khafaji confirmed, on Monday, that the leader of the coalition Haider Al-Abadi is still the most acceptable head of the next Iraqi government, indicating that Al-Abadi is the most acceptable to the various political parties.

Al-Khafaji said in a statement to “Al-Maalouma”, that “talking about forming a government is premature and cannot take place without resolving all appeals and approving the results of the parliamentary elections.”

He added, “The head of the victory coalition, Haider al-Abadi, is still among the candidates to take over the presidency of the next Iraqi government, and he is the most acceptable to the political parties in his assumption of the position.”

Al-Khafaji explained, “The formation of the government will not pass without a political consensus between the Sadrist bloc and the coordination framework to come up with a settlement candidate, and among the candidates will be the name of al-Abadi.”   almaalomah.me

*********************8

butterfly  Former parliamentarian: Al-Kazemi’s government does not have the authority to approve the financial budget

2021-11-10 01:53   Former parliamentarian - Al-Kazemis government does not have the authority to approve the financial budgetShafaq News/ Member of the Parliamentary Finance Committee in the former parliament, Jamal Kougar, confirmed on Wednesday that the Iraqi Council of Ministers does not have the authority to approve the general budget law for the year 2022, given that the government has turned into a caretaker after the parliament was dissolved.

Cougar told Shafaq News Agency, “It is not within the authority of the current cabinet to approve the general budget law and send it to Parliament, given that the latter has been dissolved since October 7 last.”

He added that “the work of the Council of Ministers is currently considered a caretaker, and therefore it cannot pass the law,” noting that “the 2022 budget will be close and similar to the 2021 budget.”

Cougar explained, “The financial disbursement for the year 2022 will be similar to the current year, according to the principle of Law 1/12 until the formation of the new government and the approval of the budget.”   shafaq.com

butterfly   After The Killing Of The Demonstrators .. Allawi Demands The Dismissal Of Al-Kazemi

11/10/2021 | 5:23 PM   On Wednesday, the former deputy in the National Coalition, Intisar Allawi, demanded the dismissal of the government and its accountability, as well as those involved in the case of killing protesters.

Allawi said in a statement to the agency / the information / that “Al-Kazemi’s government must be dismissed and held accountable for killing the demonstrators, just as the government of Adel Abdul-Mahdi was dismissed in 2019 for the same reasons.”

And she indicated that “the right of demonstrations is guaranteed, and the killing of demonstrators cannot be justified, and all those involved must be held accountable, including the government.”

She indicated that “the government of Adel Abdul-Mahdi was dismissed in 2019, so Al-Kazemi must be told and held accountable for killing the peaceful demonstrators who went out to restore their stolen votes.”

A member of the Al-Fateh Alliance, Mukhtar al-Moussawi, confirmed, earlier, that the government, the commission and the judicial authorities ignored the demands of the demonstrators, and none of them went out to the sit-in squares to discuss the demands, pointing out that the government went towards opening fire on the demonstrators, and therefore the elections could not proceed with killing.   almaalomah.me

Dave   butterfly think Sadr can muster enough support......seems to be short of the 165.but getting closer than in prior elections......his Bantor expresses he wishes to have No participation with Maliki et-al........and push laws through.......10 days fer the courts to certify. the elections or not after appeals.........those 10 days should up already??????

butterfly   Dave I know but we will have to see if they follow through with the "end" is the end.

butterfly   Read where they want to have a re-election. Now where have we heard that before.

butterfly   Newspapers follow the commission's readiness to send the names of the winners to the Federal Court and the efficiency of blocs and parties using the votes of voters

Thursday 11 November 2021 01:12 The newspapers issued in Baghdad today, Thursday, the eleventh of November, continued the readiness of the Commission to send the names of the winning candidates to the Federal Court, the efficiency of the use of voters' votes by political blocs and parties, and other issues.

Al-Zawraa newspaper, which is issued by the Iraqi Journalists Syndicate, followed up on the Electoral Commission's readiness to send the names of the winning candidates to the Federal Court.

The newspaper said: "The Commission is preparing to send the names of the winning candidates in the elections to the Federal Court after the judicial body finishes the consideration of appeals related to the electoral process, and confirmed that the names of the winning candidates will be submitted by the Commission to the Federal Court for approval later."

Al-Zawraa indicated that a member of the media team of the Commission, Muhannad Mustafa, said: "The Commission has sent the results of the appeals, their attachments, and the answers to the appeals to the contested stations, on which the manual counting and sorting were carried out, to the judicial authority to decide on them and send decisions regarding them."

A member of the media team added: "The Commission will announce all the details in light of the decisions of the Judicial Authority for the elections, after which the names will be submitted by the Commission to the Federal Court for approval."

butterfly   He continued: "The electoral appeals have been considered, the process of counting stations has been completed, and the results, annexes and evidence of the appeals submitted to the judiciary have been submitted, and there is no specific ceiling for the process of considering or deciding the appeals by the electoral judiciary, but in the case of the completion of the appeals as a whole, the appeals are returned. to the Electoral Commission.

He explained that: "After considering and deciding the appeals by the electoral judicial authority, the results are submitted to the Federal Supreme Court to ratify the election results, and the winning candidate is considered a member of the House of Representatives for the new session,"

noting: "The results of the appeals and their appendices, took place in two stages, the stage of appeals and the stage of results." A total of 4,324 stations, including 2,188 stages for checking appeals, and 2,136 stages for examining the evidence of appeals annexes, which were submitted in the stage of challenging the election results.”

In a related matter, Al-Zaman newspaper referred to an academic study on the efficiency of the use of voters’ votes by blocs and parties participating in the elections. .

butterfly   It quoted the academic author of the study, Munqith Dagher, as saying that the study he conducted recently revealed that the best winning parties investing in the votes of their voting public was the Kurdistan Democratic Party, as it was able to convert 85 percent of the votes of its supporters to electoral seats, followed by the Sadrists by 82 percent, while the worst were the independents by about 26 percent, then the Al-Fateh coalition, 38 percent.

Dagher added: "The independents lost 74 percent of the total votes they obtained, which exceeded one million and six hundred thousand votes, and this seems normal because they worked independently and separately from each other. As for Al-Fateh, it failed to transfer 62 percent of the total votes it obtained to Parliament seats.

He continued, "The parties affiliated with Tishreen were able to convert 62 percent of their voters' votes into electoral seats, outperforming the Taqaddam coalition, which managed to invest 61 percent of its voters."

butterfly   In another matter far from politics, parties and elections, Al-Mashreq newspaper followed up on the problem of drought and water scarcity in southern Iraq and the social problems that may result from it, in addition to the economic and environmental problems.

The newspaper said: "The situation is heading towards deterioration in the governorates of southern Iraq due to an unprecedented shortage of water, which may lead to bloody conflicts among the population, in search of a drop of water to irrigate their crops, which constitute their main source of livelihood."

And she added: "Dhi Qar governorate witnessed an unprecedented water scarcity, according to those in charge of the governorate, warning of the outbreak of armed conflicts between clans in search of water."

The director of Dhi Qar Agriculture, Saleh Hadi, according to Al-Mashreq, said: "This season will be very harsh for agriculture in the governorate, and this is due to several reasons, including the lack of rainfall so far in order to rely on it as a priority in agriculture, and the irregularity in water releases from Neighboring countries, in addition to the lack of credibility of the supporting ministry in this matter at all."

butterfly   Hadi added: "The Ministry of Water Resources promised us earlier that there would be enough water storage for the current season, then it shocked us with a strange clarification in which it said that the water storage is for drinking only."

He pointed out: "The preparation of a plan for the current agricultural season exceeds 450 thousand acres, but it was rejected, and a plan was prepared by the central government on the basis of last year's plan at a rate of 50 percent, and thus the agricultural plan for the governorate became 187 thousand acres, which is an agricultural number, so we do not know where to go and to whom." We give it to him."

He continued: "We expect clan conflicts to occur at any moment to obtain water, especially in the eastern regions of the governorate, which suffer from a terrifying drought."

butterfly   https://ninanews.com/Website/News/Details?Key=938519

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Zig’s Place Chatroom News Wednesday AM 11-10-21

Zig’s Place Chatroom News Wednesday AM 11-10-21

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

butterfly   The Federal Court ruled that 9 articles of the Public Prosecution Law are unconstitutional

Wednesday 10 November 2021 Today, Wednesday, the Federal Supreme Court issued its decision in the case No. 112 / Federal / 2021 on 9/11/2021 unconstitutional of a number of articles contained in the Public Prosecution Law No. 49 of 2017.

A statement of the court stated: "The court ruled not to The constitutionality of 9 articles of the Public Support Law No. 49 of 2017, which ruled that the phrase (enjoys financial and administrative independence) contained in Clause (First) of Article 1 was unconstitutional, and that Clause (Second) of Article (1) was unconstitutional.

The constitutionality of the phrase (and the assistants of the Public Prosecution) mentioned in item (first) of Article (3), and also the unconstitutionality of the phrase (for a period of four years) and the phrase (and may be renewed for one time based on a proposal from the Supreme Judicial Council and the approval of the House of Representatives) contained in item (First) ) of Article (4).

And it issued its decision that the phrase (for a period of four years, renewable once) contained in item (Second) of Article (4) was unconstitutional.

It also issued its ruling unconstitutional of the phrase (or of lawyers or jurists who are not over fifty years old and have experience in their field of work for a period of no less than (10) ten years) mentioned in Clause (Third) of Article (4).

The Federal Supreme Court also ruled unconstitutional Item (Seventh/1, 2 and 3) of Article (4).

And the court declared the items (twelfth, thirteenth, and fourteenth) of Article (5) unconstitutional.

butterfly   It also issued its decision that the phrase (and to the House of Representatives) contained in item (Second) of Article (13) was unconstitutional.

And the court decided to reject the lawsuit of the plaintiff, the head of the Supreme Judicial Council, in addition to his job regarding the challenge to the unconstitutionality of the rest of the articles of the Public Prosecution Law.” https://ninanews.com/Website/News/Details?key=938391

butterfly   UNEEK Doug_W GM.

butterfly   The Commission: Tomorrow, Thursday, the completion of the referral of all appeals to the Judicial Commission for Elections

Wednesday 10 November 2021 The Electoral Commission announced: "Tomorrow, Thursday, will be the last to refer appeals to the Judicial Commission for Elections, and thus all referrals related to appeals to the Judicial Commission will be completed." https://ninanews.com/Website/News/Details?key=938444

butterfly   Bitcoin Loses $30 Billion In Market Value In 24 Hours

11/10/2021 | 2:49 PM   The market value of digital currencies declined today, Wednesday, after recording a historical level during trading yesterday, Tuesday, prompted by profit-taking operations.

Bitcoin recorded $66,985 at 13:40 Moscow time (10:40 GMT), a decrease of 1.65%, according to data from the CoinMarketCap website, which specializes in tracking digital currencies.

The most popular cryptocurrency hit a record high, yesterday, Tuesday, exceeding $68,500 for the first time, to surpass the market value of Bitcoin at the level of $1.29 trillion, before falling back today to about $1.26 trillion, a decrease of about $30 billion.

As for the second largest digital currency, Ethereum, it recorded today, Wednesday, 4740 dollars, a decrease of 1.35% from the level yesterday, when it exceeded 4800 dollars for the first time ever.

The market value of Ethereum recorded about 570 billion dollars, yesterday, Tuesday, before falling back today to the limits of 560 billion dollars, to remain near its highest levels recorded yesterday. https://almaalomah.me/

butterfly    Al-Kazemi's last chance

It does not need to wait for the results of the investigation committee to guess the parties behind the attempt to assassinate the Iraqi Prime Minister, Mustafa Al-Kazemi, at dawn last Sunday. And she threatened to target him more than once, and did not hide, even as she tried to deny the accusation of orchestrating an attempt to kill him, that she wanted to get rid of him.

Al-Kazemi, despite his reliance on fragile political consensus, and his lack of a parliamentary support base of his own, remains a threat to the project of the “Popular Mobilization” factions, which aims to establish a state that represents Iran in its system of government, and seeks to annex Iraq to it, and the Wilayat al-Faqih, which runs it.

The results of the early parliamentary elections, which were supervised by the Al-Kazemi government, gave more reasons to get rid of the man, whether by preventing him from returning to head the government, or even physically liquidating him.

Despite all the pressure it exerted, including the use of the street, the pressures of Iran's allies did not succeed in intimidating the Electoral Commission and prompting it to change the results, after a recount of thousands of electoral boxes. The last attempt in this context came last Friday, when it seemed that there was an effort to drag the government into a street confrontation that would reshuffle the cards politically, and give a justification for the factions to use force against the state.

butterfly   It is not possible to look at the abuses carried out by the militias, as they did recently in the village of Nahr al-Imam, where they carried out a massacre of its people, in response to a massacre carried out by ISIS in the neighboring village of al-Rashad, or targeting activists who reject Iranian interventions during the protests in the central and southern cities, or to prevent The security services from carrying out their duties in imposing order, can only be viewed from the angle of the systematic and intentional targeting of the Iraqi state, and working according to a foreign agenda whose main purpose is to keep Iraq weak, torn, run by a fictitious government, whose mission is to provide cover for militias that have actual authority on the ground, and take their orders from beyond the borders.

Al-Kazemi bears a large part of the responsibility for what happened this week, and for the security situation in general throughout the country. as the first responsible for it. Al-Kazemi's handling of the attempt to assassinate him, until this moment, indicates that he is still reluctant to take decisive steps to restore the state's prestige and authority, and to stop all abuses against it.

butterfly   If Al-Kazemi is firm and moves in this direction, there is a possibility that he will turn into an Iraqi national leader, and enter history as the politician who restored Iraq’s sovereignty and independence, eliminated the chaos and corruption of militias, and ended foreign interference in its affairs.

Until this happens, Al-Kazemi should stop procrastinating in announcing the election results, which means the end of the current parliament’s mandate, and then move towards dissolving the Popular Mobilization Authority, and invite whoever wants from the militia members, with the exception of their leaders, to join, as individuals, the security services and the army.

As for its leaders, they can choose between returning to where they came from and to where they belong (Iran), or staying and being held accountable for the crimes and corruption they committed during the past two decades against Iraq and its people. Thus, all types of weapons, including light weapons, are confined to the hands of the state. This means a new parliament, a new government, a new state, a new Iraq. rawabetcenter.com/

Sheila   good morning all

professor dinard   I heard bidens daughters diary mentions the dinar. You guys should read it

Sheila   professor dinard summary of what she wrote?

butterfly   professor dinard I heard over and over that DJT was going to make the RV happen. Gossip is Gossip.

Sheila   butterfly heard the same about Bush and Obama, sooooo?

butterfly  sheila yup!

Zig  One rumor was/is that the US holds a ton of Dinar....and an RV could cover our huge debt.....

butterfly   Zig The US government holds many foreign currencies. That is how they pay for the goods.

butterfly   I was told that many years ago. With the "up and down" of currency against the US dollar, is the reason they have foreign currencies.

butterfly   Another tidbit for all those that hold a bank account. Your money is scanned every night at 12:00, that is how the banks make money off of your money. Don't believe me, search it out bc this is what was told to me by an owner of a bank.

Sheila  butterfly Accounts used on trading platforms to make banks even more money.

butterfly   sheila yuppers

butterfly   AND then they turn around and charge you to keep your money in their bank. A circle that goes around and around.

Sheila   butterfly exactly

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Zig’s Place Chatroom News Tuesday Evening 11-9-21

Zig’s Place Chatroom News Tuesday Evening 11-9-21

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

Butterfly   Oil prices continue to rise, and US crude jumps two dollars

Tuesday 09 November 2021 Oil prices continued to rise in global markets, and US crude jumped two dollars to 83.93 dollars per barrel.

Oil prices rose, today, Tuesday, with gains for the third consecutive session, as the United States lifted travel restrictions and other signs of economic recovery after the Corona virus pandemic, raising expectations for oil demand, while the supply shortage continues. https://ninanews.com/Website/News/Details?key=938312

butterfly   The struggle for power between the ruling families in Iraq

November 9, 2021 at 9:20 pm https://www.middleeastmonitor.com/20211109-the-struggle-for-power-between-the-ruling-families-in-iraq/

butterfly   Rising global oil prices

2021-11-09   Oil prices rose to approach the level of $ 84 a barrel, today, Tuesday, achieving gains for the third consecutive session, as the lifting of the United States of travel restrictions and the emergence of other signs of economic recovery after the Corona virus pandemic, raised expectations for demand for oil while the shortage of supply continues.

Travelers returned to the United States on Monday, while the passage of President Joe Biden's infrastructure bill and a more-than-expected rise in Chinese exports boosted expectations of a global economic recovery.

The price of Brent crude rose 50 cents, or 0.6%, to $83.93 a barrel at 09:20 GMT, after rising 0.8% on Monday. And US crude rose 41 cents, or 0.5%, to $ 82.34, after rising 0.8% yesterday.

The price of Brent crude has risen by more than 61% this year and scored 86.70 dollars a barrel, its highest level in 3 years, on October 25, supported by supply restrictions by the Organization of the Petroleum Exporting Countries and its allies, the group known as “OPEC +”. . https://burathanews.com/arabic/economic/402672

butterfly  Dollar exchange rates in Baghdad and the provinces 2021-11-09

The exchange rates of the dollar against the Iraqi dinar, for today, Tuesday, on a daily basis, according to the variables of the currency exchange market in Baghdad and the provinces.

in Baghdad:   The selling price of the dollar is 148,500 per $100

The purchase price of the dollar is 147,500 per $100

As for the north, the prices are today:  The selling price of the dollar is 148,750 per 100 dollars

The purchase price of the dollar is 147,750 per 100 dollars

And in the south:  The selling price of the dollar is 148,500 per $100

The purchase price of the dollar is 147,500 per $100

butterfly  The Federal Supreme Court ruled that Article (43) of the Traffic Law was unconstitutional 2021-11-09

Today, Tuesday, the Federal Court ruled that Article 43 of the Traffic Law is unconstitutional.

And the media of the Federal Supreme Court said in a statement, "The Federal Supreme Court issued a decision in the case No. 42 - Federal - 2020 unconstitutional of Article 43 of the Traffic Law No. 8 of 2018".

He pointed out that "the court ruled that Article 43 of the Traffic Law was unconstitutional, as it violated the provisions of the Constitution of the Republic of Iraq for the year 2005."

Article 43 of the Traffic Law stipulates that “Revenues from the amounts of traffic fees and fines stipulated in this law shall go to (50%) fifty percent to the state treasury, and (20%) twenty-five percent of the revenues shall be allocated to developing traffic and securing its requirements, and (20%) ) Twenty-five percent of the Directorate of Roads and Bridges affiliated to the governorate. https://burathanews.com/arabic/news/402663

butterfly   The arrest of a gang trading counterfeit currency in Najaf

Tuesday 09 November 2021 23:59 The anti-crime forces in Najaf arrested a gang trading counterfeit currency.

The Police Directorate said in a statement: "The gang consisted of three individuals who were arrested in an ambush near Al-Majsrat Al-Thawra Al-Shwteen, and they were seized with an amount of one million nine hundred and fifty thousand Iraqi dinars, denomination of 25,000 forged, and three loaded 9mm pistols."

And she added: "Their confessions were written down and referred to the judiciary." https://ninanews.com/Website/News/Details?Key=938335

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

Zig’s Place Chatroom News Monday Evening 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  Well now ain't this sweet. You dig hard enough you will find the criminals: Iran-backed militia staged drone attack on Iraqi PM - officials

Reuters https://www.reuters.com/world/middle-east/iran-backed-militia-behind-attack-iraqi-pm-sources-2021-11-08/

butterfly  A drone attack that targeted the Iraqi prime minister on Sunday was carried out by at least one Iran-backed militia, Iraqi security officials and militia sources said, weeks after pro-Iran groups were routed in elections they say were rigged.

But the neighboring Islamic Republic is unlikely to have sanctioned the attack as Tehran is keen to avoid a spiral of violence on its western border, the sources and independent analysts said.

Prime Minister Mustafa al-Kadhimi escaped unhurt when three drones carrying explosives were launched at his residence in Baghdad. Several of his bodyguards were injured.

https://www.jpost.com/middle-east/iran-backed-militia-behind-attack-on-iraqi-pm-security-officials-sources-684356

butterfly   https://www.jpost.com/middle-east/iran-backed-militia-behind-attack-on-iraqi-pm-security-officials-sources-684356

Dave  Two regional officials who spoke on condition of anonymity said Tehran had knowledge about the attack before it was carried out, but that Iranian authorities had not ordered it.

butterfly  Dave ya have to laugh when they try to cover their **

Dave  butterfly Maliki Pro-Iranian.....no secret?

Dave  Maliki going to be toast........Perfect!

Dave   butterfly They find his finger tips on those drones?

Dave  Would I be close?

butterfly   I don't know how long investigations take in Iraq, here they take forever.

NORV   Dave  Wonder if Kap is aware that sanctions killed the value of the IQD? Sanctions and over printing Dave. And Iraq has issued 100 trillion dinar currently..Do you think they can RV with that much dinar in circulation? Of course they cannot. Like I said many times, they will either LOP and raise the value (which is minimal gain) or they will build an economy and make the dinar internationally recognized and raise it gradually over time as stated in the IMF Article IV Consultation from 2013. One thing is for sure, they can NEVER significantly RV with that much dinar in circulation.

Dave   Where be all that Dinar in our pockets or their mattresses?

Dave   High and low demons to run concurrently

butterfly   Dave I thought you would enjoy this article. When I saw it I thought of you: An 87-year-old grandmother from Sri Lanka has become the oldest person to earn a master's degree at this university in Canada https://www.cnn.com/2021/11/07/world/ontario-grandma-oldest-person-graduate-york-university/index.html

NORV   Zig Many gurus like to compare Iraq to other countries like Kuwait. But they refuse to understand countries like Kuwait only have about 50 billion dinar in circulation compared with Iraq who has trillions! Cant happen!

NORV  Dave That happens when they LOP also Dave. Wake up

NORV   Dave Go read the symposiums going on right now...they are talking about a LOP

Dave   NORV.000086........1000 fils fer that coke

NORV   https://aec.uobasrah.edu.iq/events/197

NORV   Dave you make no sense

Dave   Pepsi -cola going to drop their price point?

NORV   http://baytalhikma.iq/News_Details.php?ID=1467

Dave   I await CBI

NORV   Those are discussions on a re-denomination LOP

Dave   CBI involved?

NORV   Yup

Dave   not in your link?

NORV   LINK

Dave   WHERE?   see nodda from cbi......

NORV  http://baytalhikma.iq/News_Details.php?ID=1467

Dave   which article???

NORV  Have you been to the CBI site? it is full of reports talking LOP. Better go read

NORV   CBI.iq

Dave   cut and paste........????  right mouse click......

NORV   https://cbi.iq/static/uploads/up/file-152223003030276.pdf     Better go read   https://cbi.iq/page/37

Dave   no mention of LOP...... nodda in that last article regarding lop    you filling the gaps?    arrg read that twice...no mention of your lop     Fils definately inflationary

Dave   NORV No meat on your bone...sorry    50 coins to purchase a simple can of coke    each coin costs like a dime a piece to mint     Again Kap slow on the uptake could you please provide the Word or sentence within your articles mentioning LOP

Dave   I see only your vivid imagination at work......do provide me some enlightenment

Sheila   Tier 5  John Q Public – Tier 4 GCR /RV Internet Groups –Tier 3 GCR / RV Authors – Tier 2 World Governments – Tier 1 Authorities Globally

Sheila   Video: Global Currency Reset Schedule   https://www.youtube.com/watch?v=1zRGlClb5fQ

Tier 1: Sunday Midnight 7 Nov. 2021

Tier 2: Thurs. 11 Nov. 2021

Tier 3: Sat. 13 Nov. 2021

Tier 4: Wed. 24 Nov. 2021

All of Nov: Tier 5, Disclosure, Planet will be liberated, No Fee, No More, Earth Free

https://dinarchronicles.com/2021/11/08/restored-republic-via-a-gcr-special-report-as-of-november-8-2021/

butterfly   sheila lets hope it is all true.

Sheila   butterfly yeppers

butterfly   https://dinarchronicles.com/2021/11/08/restored-republic-via-a-gcr-special-report-as-of-november-8-2021/

butterfly   I made it easier for people to clicl on the url

Sheila  butterfly thank you

butterfly   This is the only thing that disturbs me about that website: Disclaimer

We do not endorse any opinions expressed on the Dinar Chronicles website. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on Dinar Chronicles.

Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not intend to and are not providing financial, legal, tax, political or any other advice to any reader of the website. This website is merely for informational/entertainment purposes. It is not the purpose or intention of this website to influence any person to purchase or sell Iraqi Dinars, Vietnamese Dong, other currencies, or any other investment.

Do not buy, sell, trade or hold any Iraqi Dinars, Vietnamese Dong, other currencies, commodities or other investments based upon any postings or messages on the website or referenced on this website. Seek and rely upon the advice of licensed and registered financial, legal and tax advisers.

This is a free website and a free service. Any and all information contained herein shall be construed as “Rumor.” The owners and operators of the website shall not be held responsible for any information contained herein including information provided by others. The owners or operators of the website shall all be held harmless for any and all information posted on this website.

By using this website you may be exposed to content that might be distasteful, harmful, inaccurate or otherwise inappropriate, or in some cases, postings that have been mislabeled or are otherwise deceptive. Under no circumstances will the owners or operators of the website be liable in any way for any content, including, but not limited to, any errors or omissions in any content, or any loss or damage of any kind incurred as a result of the use of any content posted, emailed, transmitted or otherwise made available elsewhere.

Sheila   dinar recaps - messengers, not responsible for the messages. discernment advised.

butterfly   This is a long article:

Official Report: Customs Exemptions Deprive Iraq Of 6 Trillion Dinars Annually

LAST UPDATE 11/08/2021 | 9:21 AM   Customs affairs specialists have warned that the volume of corruption in customs exemptions for investment items will rise slightly than expected, expressing concern about the growing gap between average revenues and the value of actual annual imports, estimated at 50 billion dollars annually.

The specialists suggested conducting an objective review of the exemptions in force in order to rationalize them, which helps to narrow the wide gap between the average percentage of revenue and the value of actual imports, in line with the standards prevailing in many countries in the region.

The expert in customs affairs, Ali Al-Quraishi, said in a statement reported by the newspaper "Al-Sabah" in its issue issued today and seen by "the information", that "if we look at the value of imports to Iraq, we find that it is estimated at about (50) billion dollars annually, that is, within (73)" trillion dinars, and this would provide customs revenues for the general budget estimated at about (6) trillion dinars annually, at the very least, which contributes to increasing the revenues of the general budget from customs taxes, and the requirements of the white paper for financial and economic reforms launched by the current government.

butterfly   Al-Quraishi added, “The rate of investment exemptions and public and mixed sector companies is 40%, which is around 700 billion dinars of customs revenues annually, and it constitutes a large percentage of financial losses that are part of the customs tariff law 22 of 2010, which was postponed for 8 years, as well as the instructions in force in Diversity of charging different fees.”

He explained, "For example, the volume of exemptions at Umm Qasr Al-Janobi customs last February amounted to about 4 billion dinars, higher than the net revenues of about 15%, amounting to 5 billion dinars per month, according to the records of the customs center."

Al-Quraishi stressed that “the accumulation of deferred fee debts on government consignments and the inability to clear them customs caused the accumulation of thousands of containers on the berths of Umm Qasr ports, and the doubling of fees and port fees,” noting that “the Diwani Order 211 of 2020 regarding the entry of stacked containers did not address To a clearing settlement of the required amounts, customs are no longer able to calculate them, as well as calculating the exempted investment materials as annual revenues recorded within the general budget.”

butterfly   He pointed out that Iraq was unable to meet its financial obligations internationally in accordance with the requirements of credit readiness with the International Monetary Fund, due to the failure to cause an increase in non-oil revenues such as customs and taxes in accordance with Cabinet Resolution No. (393) in 2017, which included the unification of customs duties on customs items. within one section.

In addition, the General Authority of Customs confirmed that “customs revenues lost due to the Kurdistan region’s failure to comply with resolution (13),” pointing out in a statement that “customs exemptions are the reason behind the loss of annual revenues,” and disclosed directives “to establish new customs auditing offices in the regions.” in the north, to recover large revenues for the state, and to reduce smuggling and fraud.” https://almaalomah.me/2021/11/08/563065/

butterfly   Bloomberg: The Cryptocurrency Market Has Crossed $3 Trillion

LAST UPDATE 11/08/2021 | 9:42 PM   On Monday, Bloomberg reported that the volume of the digital currency market exceeded the $3 trillion mark, thanks to the rise in the value of the digital currencies “Bitcoin” and “Ethereum”.

And “Bloomberg”, based on data from the CoinGecko digital currency trading and investment platform, indicated that “Bitcoin” rose by 5.6% to reach 66,414 dollars per bitcoin, approaching its record value, which was at the level of 67,000 dollars.

The value of the coins “Ethereum”, “Binance Coin” and “Solana” also rose significantly, on Monday.

The size of the cryptocurrency market reached about $3.3 trillion, which is considered a new record, and it continues to grow.

During the last year, the digital currency market has increased almost 4 times, although it is exposed to significant fluctuations from time to time. https://almaalomah.me/2021/11/08/563253/

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