Zig’s Place Chatroom News Sunday AM 1-23-22

Zig’s Place Chatroom News Sunday AM 1-23-22

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

Butterfly   OMG the sky opened and dumped a lot of snow. I've been out clearing off her deck and the vehicles. Someone will be here soon to do the hard work. My fingers are warming up.

butterfly   Al-Rafidain Reveals The Most Important Investment Projects Whose Debts Have Been Paid In Full

Economic  Last Update 01/23/2022 | 9:35 AM  Al-Rafidain Bank revealed, on Sunday, the investment projects that were funded, granted the necessary loans, and paid their full amounts.

And the bank’s media office stated in a statement that “the information” received, a copy of it, that “there are investment projects for which financial loans have been provided by the bank for the purpose of establishing and rehabilitating residential complexes, commercial centers and other service projects, and collecting the amounts of those loans and others. Work and follow-up are still continuing in terms of commitment. within the specified time for payment.

The statement added that "the projects are (Cairo Mall, Babil Land Housing Complex, Akad Mall, Durrat Karbala Residential Complex, and Al-Massa Residential Complex)."

He pointed out that "the bank continues to support financial funds for investors and companies wishing to work in the market in order to strengthen the national economy and create job opportunities to eliminate unemployment and move the wheel of construction and reconstruction in the country." https://almaalomah.me/2022/01/23/578108/

butterfly   Deputy: The Next Government Will Not Be Able To Open Appointments Without Taking This Step

Economic  Last Update 01/23/2022 | 10:16 AM   Member of Parliament Jamal Cougar confirmed, on Sunday, that the next government will not be able to proceed like its predecessors by opening appointments, unless it undertakes real reforms, while the Federal Court ruling next Tuesday will determine whether there is a government and a budget in the near future.

Cougar said in a statement reported by "Al-Sabah" newspaper, which was seen by "The Information", that "the ruling of the Federal Court next Tuesday will determine whether there is a government and a budget in the near future, or not," adding that "the result will show the features of the coming period, and the nature of the circumstances that will transpire." To it is the process of forming the cabinet.”

Cougar blamed the federal decision to draw the next political stage, if the form of the next government is participatory and consensual, or with the logic of the majority and opposition.

He added that "the next government, for example, will not be able to proceed like its predecessors by opening appointments, unless it undertakes real reforms," ​​noting that "opening appointments depends on the Federal Service Council doing its work according to correct mechanisms."

Cougar explained that "no government in the world can absorb all these graduates, and there is no solution to create job opportunities except by activating the private sector and supporting factories, factories and agriculture." https://almaalomah.me/2022/01/23/578109/

Gerry  Good morning to everyone. Hope you all have a good day.👍

butterfly   Chinese Shipping Companies Achieve Unprecedented Revenues And Reward Their Employees With Large Sums

Economic  Last Update 01/22/22 | 9:33 PM

Asian shipping companies are offering huge bonuses to employees, amid a boom in freight rates, with China's state-owned giant Cosco Shipping Holdings Inc. disbursing bonuses of up to 60% of managers' annual salary, according to Caixin Global.

Caichen, citing company employees, said Cosco is among the shipping companies handing out huge year-end bonuses to workers. Other shippers also offer generous bonuses. A worker at Taiwan's Evergreen Marine Corp received a year-end bonus, nearly 40 times his monthly salary, according to the daily.

Asian shipping lines saw revenue rise thanks to record freight rates, as the pandemic caused major disruptions to the global supply chain. Rising consumer demand combined with lockdowns and border closures has led to a global shortage of freight capacity and delays at ports.

Cosco's profit jumped 1,651% to 67.6 billion yuan ($10.7 billion) in the first three quarters of 2021, according to the company's disclosure.

The spot price for a 40-foot container to the United States from Asia topped $20,000 last year, including surcharges, compared to less than $2,000 a few years ago. https://almaalomah.me/2022/01/22/578086/

butterfly   Hey Gerry welcome aboard the dinar train.

Gerry  butterfly Thank you.

butterfly   Saudi Arabia emphasizes expanding investment and trade relations with Iraq

2022-01-23 07:26   Saudi Arabia emphasizes expanding investment and trade relations with IraqShafaq News/ The Saudi Minister of Commerce, Chairman of the Saudi-Iraqi Coordination Council, Majid Al-Qasabi, confirmed on Sunday that the council seeks to remove everything that opposes encouraging investment and obstructing businessmen to expand horizons of cooperation between the two countries.

Al-Qasabi said in a statement to the Saudi News Agency, followed by Shafak News Agency, on the occasion of the Saudi-Iraqi Business Forum in Riyadh, that the Saudi-Iraqi Coordination Council seeks to remove all obstacles to encourage investment, provide an opportunity for businessmen to learn about the advantages of the commercial and investment sectors, and adopt effective means that contribute In developing border areas and stimulating promising investment opportunities.

And he indicated that the Saudi-Iraqi relations, in light of the careful follow-up by the leadership of the two countries, “are at their best and are witnessing a growth worthy of the history that unites them and the future that awaits them.”

He pointed out that the Saudi-Iraqi Coordination Council “enhances communication at the strategic level, deepens mutual political trust, and opens new horizons of cooperation in various fields, including economic, development, security, investment, tourism, cultural, media and others.”

butterfly   Al-Qasabi pointed out to “the strength of relations between the Kingdom of Saudi Arabia and the Iraqi Republic, and that the interests of the two brotherly countries and peoples are one, united by historical ties, kinship ties, neighborhood, blood and a common destiny.”

He explained that “the leadership of the two brotherly countries is keen to strengthen relations in various fields, invest all capabilities and provide and develop opportunities for the benefit of the two brotherly countries and peoples.”

It is noteworthy that the volume of trade exchange between the Kingdom and Iraq amounted to 17.7 billion riyals during the past five years, and among the most prominent joint projects between the two countries is cooperation in the sectors and activities of energy, petrochemical industries, transportation, logistics, irrigation systems, agricultural equipment, food industry, contracting sector and real estate development. shafaq.com

Butterfly   The Sadrist bloc: We will win the presidency with “comfort” with our Kurdish and Sunni partners

2022-01-23 06:58   The Sadrist bloc - We will win the presidency with comfort with our Kurdish and Sunni partnersShafaq News/ An informed source in the Sadrist bloc confirmed, on Saturday, that strategic alliances with Sunni and Kurdish partners are able to win the three presidencies and pass them comfortably, noting that the announcement of the formation of the new government will be soon if the Kurds agree on the candidate for the presidency.

The source told Shafaq News Agency, “The Sadrist bloc and its partners possess the required number of votes needed to form the government, and the political movement for its formation is proceeding in full swing, and as soon as the Kurdish forces agree on their candidate for the presidency, we will be very close to announcing the nomination of the candidate to head the government and its formation.”

He explained that “the Federal Court will issue a logical decision commensurate with the data presented to it, and therefore its decisions will be decisive, as all of this will not affect our strategic alliances with partners who support the program of a national majority government.”

He added, “Also, the issue of forming a government is progressing in full swing, and that the Sadrist bloc, being the largest because it has the largest number of parliamentary seats, has the right to nominate or put forward a candidate for prime minister, and thus the ball remains within the Sadrist bloc’s arena regarding that.”

butterfly   The source added that “there are political parties trying to play the role of mediator to revive the Shiite house again, but this will not happen unless all the political forces affiliated with the strategic framework secure the government program that it seeks to implement to bring about a legislative revolution that guarantees the activation of service and investment projects that achieve the interests of Iraqis exclusively, as well as Advancement of economic and health aspects, as previous parliamentary sessions were almost suspended for these bills.

He added that “the pivotal point of contention between the Sadrist bloc and the coordination framework lies in the mechanism for naming the prime minister, as the framework seeks to be consensual, while the Sadrist bloc insists that he be a candidate for a national majority government, not consensual.”

He pointed out that “the movement between the partners is proceeding smoothly and that once the Kurdish brothers agree on their candidate for the presidency, the process of forming the government will be completed after the Sadrist bloc’s candidate for prime minister has been proposed, and all the procedures in this have been completed and there is little change in the presidency of Parliament and its belongings, as we can say in a more precise sense that Announcing the final formation of the Iraqi government is just around the corner.”

The court had postponed the deciding session on the legitimacy of the election of the presidency of the House of Representatives, to the twenty-fifth of this month.

And the court decided to stop the work of the Presidency of the House of Representatives elected in the first session of the House of Representatives until two lawsuits regarding the legality of the session are resolved.

The decision comes after two lawsuits filed by MP Basem Khashan and his colleague Mahmoud Daoud regarding the first session and its “illegality”.   shafaq.com

butterfly   Iraqi Dinar/US Dollar auction results for Monday 1-24-2022 executed today 1-23-2022

25k Iraqi Dinar notesThe results of the foreign currency sale window Monday 24/1/2022

Announcement No. (4573)   Sale date – Monday 01/24/2022 the details   Amount

Total sales for the purposes of strengthening balances abroad (remittances, credits)  173,589,091

Total cash sale  51,220,000     total total sales  224,809,091

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/1200

butterfly   OK.............here is what we have been looking for folks..........OMG.........this is good news for them and us..................... Al-Fatlawi: The 2022 Budget Will Not Be Passed Until The Dollar Is Returned To Its Old Price

01/23/2022 – 10:03 AM   Al-Fatlawi - The 2022 Budget Will Not Be Passed Until The Dollar Is Returned To Its Old PriceA Member Of The Coordination Framework, Ali Al-Fatlawi, Confirmed Today, Sunday, That The Draft Budget Law For The Year 2022 Will Not Be Passed Until After An Important Condition Is Met.

Al-Fatlawi Said In A Press Interview Followed By Al-Ahed News, “The Coordinating Framework, Through Its Presence In The Iraqi Parliament, Will Work To Restore The Dollar Exchange Rate To Its Old Price, And Otherwise, It Will Not Allow The Passage Of The 2022 Budget Bill Until After This Condition Is Achieved. The Important”.

Al-Fatlawi Added, “There Is No Current Justification For The Dollar’s ​​Exchange Rate To Remain In Its New Form, Especially With The Significant Rise In Oil Prices, And Raising The Dollar’s ​​Exchange Rate Has Greatly Affected The Lives Of Citizens, As It Raised Prices In The Market, And Contributed Significantly To Increasing The Poverty Rate, Which Is Why We Are Serious About Restoring The Price To Its Previous Position.”  alahadnews.net

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Zig’s Place Chatroom News Saturday PM 1-22-22

Zig’s Place Chatroom News Saturday PM 1-22-22

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

Butterfly   US Senator: The US Economy Enriches The Rich And Exacerbates The Plight Of The Poor

International  Last Update 01/22/22 | 4:29 PM Independent US Senator Bernie Sander has decried the fraudulent political and economic system in the United States that has allowed billionaires to get richer during the pandemic while others suffer financial hardship.

"The rigged economic and political system is when billionaires spend $1.2 billion in campaign contributions to buy politicians in the last elections, get richer by $2 trillion during the pandemic and don't pay," Sanders said in a tweet on his personal page on the social networking site Twitter. Taxes are less than what the nurse pays.”

In another tweet, he added, “The campaign finance system should be repealed in reference to a controversial January 21, 2010 decision by the Supreme Court that repealed a century-old campaign finance restriction, as the court ruled that corporations, unions and wealthy donors have the right to Freedom of expression and in spending unlimited money to influence the US elections.”

He continued, "A new report released by the Institute for Policy Studies Oxfam said that the richest individuals in America have seen their number increase in the past five years, with American billionaires increasing their wealth by $2 trillion during the pandemic alone."

He explained, “According to the report, there are 2,660 billionaires worldwide. As of November 30, 2021, these billionaires had a combined fortune of $13.76 trillion. The United States alone and 740 of these billionaires together own $5.1 trillion.”

The report indicated that “a wealth tax of 2% for individuals who own more than $ 5 million, 3% for those who have more than $ 50 million, and 5% for those who have more than one billion dollars will generate $ 928.39 billion annually, and this amount is sufficient to cover The largest and most prominent part of the US federal spending that suffers from difficulties and inflation.”

butterfly   https://almaalomah.me/2022/01/22/578021/

butterfly  Bitcoin Plunges 48%, And A Trillion Dollars Evaporated In Days

Economic   Last Update 01/22/22 | 2:56 PM   The losses of the most famous cryptocurrency "Bitcoin" deepened, to plunge, today, Saturday, below 36,000 dollars, losing 48% of its highest value achieved above 69,000 dollars last November.

Bitcoin's tumble has lost $600 billion in market value, and has evaporated more than $1 trillion from the entire cryptocurrency market.

The declines in the cryptocurrency market are exacerbated with the intention of the Federal Reserve (the US central bank) to withdraw stimulus from the market.

As a result, the most risky assets worldwide suffered, and Bitcoin, the largest crypto asset in value, lost more than 12% Friday and plunged 9% today, Saturday, and its losses amounted to about 18% over the past 7 days.

The cryptocurrency market has been mired in the dangers of easing US fiscal stimulus, raising interest rates on the dollar, and accordingly other cryptocurrencies such as Ethereum and meme have fallen by more than 45% over the past few weeks.

Cryptocurrencies have been hit by a proposal by the Russian Central Bank to ban the use and mining of cryptocurrencies. Russia is one of the world's leading bitcoin mining sites. https://almaalomah.me/2022/01/22/578000/'

butterfly   Al-Maliki Tweets About The Position Of The Coordination Framework On Forming The Government

Politician  Last Update 01/22/22 | 2:30 PM

The head of the State of Law coalition, Nuri al-Maliki, commented today, Saturday, regarding the position of the coordination framework on forming the government.

Al-Maliki said in a tweet to him via the “Twitter” platform, which was seen by the agency "Information", "For those who ask about the framework out of concern, we say that the coordinating framework is strong and coherent and its position is unified, and its practical ideas for forming the government and managing the state are based on partnership and the integration of the components in it all under Constitution ceiling.

He added, "The framework is unanimous in adhering to one position regarding (participation or non-participation), and it is keen that all parties meet in consensual coalition formations to prevent any case of deterioration of the political process." https://almaalomah.me/2022/01/22/577989/

Zig   butterfly : Wow...do you have any Bitcoin?....I do not.

butterfly  Zig no   I have some Iraqi coins

Zig    I think @UNEEK has Bitcoin

butterfly  I remember way back when a friend of mine bought gold. I ask if she had the gold in her possession, she said no. What? Why would you invest in something that you don't have in your possession. She wound up losing everything.

UNEEK   Zig butterfly good morning and yes I have a little crypto

butterfly   Do you have the possession of it UNEEK

UNEEK  butterfly ha ha -

Zig  Virtual possession....lol

UNEEK  digital possession in a digital wallet - have been meaning / planning to cash out for several months but have not - I wish 1000 times I had bought silver instead    I trusted the wrong person

butterfly  I just went through all of my dinar and lordy I could not believe how much I have.

butterfly   Here is another article on bitcoin:

What awaits Bitcoin in 2022?

- 15 Hours Ago Coinciding with the protests and turmoil that shook Kazakhstan, one of the 3 most important countries in the world in mining virtual currencies, the price of Bitcoin fell in early January to below $ 40,000.

In a report published by the Russian newspaper "Gazeta", writer Oksana Reshetova says that the price of Bitcoin witnessed a slight increase on January 11, as it was traded in the range of 41,700 dollars.

A number of experts believe that the political crisis in Kazakhstan played an important role in this decline, as the country's share of global Bitcoin mining is about 18%, but there are other factors that contributed to the decline in the price of the first digital currency in the world.

Why Did Bitcoin Prices Drop?

Artem Dave, principal analyst at AMarkets, believes that the decline in the exchange rate of Bitcoin and other cryptocurrencies at the end of last year is mainly due to new actions in the stock market.

Dave stresses that after the annual inflation rate in the United States rose to 6.2%, a record level not seen in the United States in more than 30 years, it has become clear that the Federal Reserve is close to tightening monetary policy by raising interest rates.

Dave continues that the returns from investing in stocks, currencies and all risky assets, including cryptocurrencies, automatically decline with the increase in interest rates, so investors during the last period avoided the risk of buying bitcoin, ether and other digital currencies.

butterfly   Dave believes that the developments in the situation in Kazakhstan have also had a negative impact on the Bitcoin exchange rate.

For his part, Sergey Berikhod, a financial analyst at Finam Financial Services, says that the volume of mining in Kazakhstan has witnessed a significant development after the mass exodus of workers in this field from China, due to the pressure exerted by the Chinese authorities on digital currencies.

Berekhod adds that Kazakhstan has become the third-largest cryptocurrency mining world in the world, and as a result of the internet shutdown following the escalation of anti-government protests, the total computing power of mining equipment has decreased by 13%.

But the expert in the crypto-asset market Aaron Chomsky believes that the events in Kazakhstan have not affected the cryptocurrency market, and that the decline in the prices of these currencies is due only to the levels of supply and demand.

The value of the currency last November reached its highest level, exceeding the threshold of 68,000 dollars. With demand falling, Chomsky expects the value of Bitcoin to fall below $30,000.

Butterfly   What will happen to bitcoin in 2022?

Dave believes that the rise in the price of Bitcoin and other cryptocurrencies during the coming period is related to the stability of the global economy and the reduction of interest rates by central banks, because such conditions will attract investors to risky assets.

“Given that this year will see a period of large-scale increases in interest rates by banks, it is unlikely that there will be any rise before the second half of 2022, when investors return strongly to cryptocurrencies. This could happen if the bitcoin traded price reached between $20,000 and $30,000.”

“The lower value of the assets will tempt many to invest in cryptocurrencies, and at a later stage push prices higher,” Dave continues.

For his part, Berekhod believes that the US stock market has put great pressure on cryptocurrencies, and on Bitcoin in particular, recently. It is believed that at worst, the exchange rate could reach $36,000.

According to Chomsky, the faster the Bitcoin price declines around $30,000, the higher the chances of it returning quickly to its previous highs, and this may happen in the second half of 2022.

Source: Russian press https://rawabetcenter.com/archives/141358

Sheila   butterfly bird in the hand - still great advice

butterfly   The military in Iraq are listening to the guidance of the US forces, not like those in Afghanistan: Iraqi military intelligence destroys an ISIS tunnel near Erbil 2022-01-22 07:02

Shafaq News/ The Iraqi military intelligence destroyed an ISIS tunnel near the capital of the Kurdistan Region, Erbil, earlier today, Saturday.

A statement by the intelligence agency affiliated with the Ministry of Defense said that the 8th mechanized division reconnaissance unit carried out a search campaign in the village of Katka in Altun Kupri district, Kirkuk.

"During the operation, the forces located a tunnel used by ISIS operatives as a hideout and weapons depot. The tunnel was detonated under controlled circumstances by the explosives squad accompanying the force," the statement said.

In another statement, the military intelligence said that a total of 21 10-liters explosive devices were found in al-Sabhat village in al-Anbar governorate.

The explosives were destroyed by the explosives squad accompanying the force on duty, according to the statement. https://www.shafaq.com/en/Iraq-News/Iraqi-military-intelligence-destroys-an-ISIS-tunnel-near-Erbil

butterfly  After al-Hasakeh prison break, Iraq ramps up security in prisons housing ISIS commanders 2022-01-22 07:08

Shafaq News/ Iraqi security authorities ramped up security measures in and near the prisons housing members and commanders of the terrorist organization ISIS, a source revealed on Saturday.

The source told Shafaq News Agency, "senior commanders directed tightening security measures in the prisons where ISIS commanders are detained."

"Tight security measures were taken in the prisons of al-Taji, al-Kefl, al-Hout. The directive was issued in the aftermath of the attack on the Geweran prison in the Syrian city of al-Hasakeh and the prison break of senior ISIS commanders detained there."

Kurdish-led forces in northeast Syria on Thursday said they thwarted a prison break at a detention center holding ISIS militants.

A spokesperson for the US-backed Syrian Democratic Forces (SDF) said a car bomb was set off near Geweran prison in Hasakah province.

The "insurgence coincided w/a car bomb explosion near the prison conducted by ISIS sleeper cells, who infiltrated from the surrounding neighborhoods" and clashed with internal security forces, tweeted SDF spokesperson Farhad Shami, using the Arabic acronym for ISIS.

"In an attempt to create chaos, the Daesh detainees burned blankets and plastic materials inside dormitories," Shami said. "The members of terrorist cells who attacked the prison from outside fled to al-Zohour neighborhood near the prison and hid in civilian homes, and our forces imposed a security cordon around the area."

According to two residents cited by Reuters, several inmates were killed in the episode. The Syrian Observatory for Human Rights, a UK-based war monitor, said "a number of prisoners managed to escape."

The prison unrest comes amid a recent rise in sleeper cell attacks, particularly in Syria's Deir ez-Zor region.

butterfly  Nearly three years after IS lost its final stronghold in the Syrian town of Baghouz, the group has been exploiting the country's economic crisis to lure new recruits. Prison officials and current detainees in Hasakah told Al-Monitor that IS is offering irresistible sums of money to poor Syrians willing to join their ranks.

The SDF and its political arm, the Syrian Democratic Council (SDC), have long asked the United States and coalition partners for additional support in securing the detention facilities housing thousands of IS prisoners, many of whom Western governments have refused to repatriate and prosecute.

Sinam Mohamad, the SDC's top diplomat in Washington, tweeted Thursday that the prisons and the potential for detainees to escape remains a threat to northeast Syria.

"A solution should be found to keep the region stable and secure," she said. https://www.shafaq.com/en/Iraq-News/After-al-Hasakeh-prison-break-Iraq-ramps-up-security-in-prisons-housing-ISIS-commanders

Butterfly   LINK

Today, Saturday, the dollar exchange rates remained stable in the local markets.

And the selling prices of the dollar were recorded at 148,300 dinars per 100 dollars, while the purchase prices of the dollar were recorded at 148,200 dinars per 100 dollars.

and decided Central Bank of Iraq Earlier, the exchange rate of the dollar against the Iraqi dinar was adjusted, as the purchase price of the dollar reached Ministry of Finance 1450 dinars, and the selling price to banks was set at 1460 dinars per dollar, while the selling price to citizens is 1470 dinars per dollar.

butterfly   Energy transition may shave $75tn off global economy by 2050, Wood Mackenzie says

The global economy is set to double in size in real terms to $169tn by mid-century, but the push to reach Paris Climate goal of 1.5°C will knock off 2% of global GDP Jan 22, 2022 ............................. An accelerated energy transition to mitigate climate risk will have tangible economic implications and may shave $75 trillion off global gross domestic product between 2022 and 2050 as countries push to meet their climate commitments.

The global economy is set to double in size in real terms, rising to $169tn by mid-century from the current $85.6tn, Wood Mackenzie said in its latest report detailing economic consequences of energy transition.

Under its base case scenario, the research company expects temperatures to reach 2.5-2.7°C above pre-industrial levels by mid-century. However, to limit this warming to 1.5°C, in line with the Paris climate pledge, the energy transition will have to accelerate.

Measures to lower temperature will boost global GDP, on aggregate, by 1.6 per cent by 2050, Wood Mackenzie estimates. At the same time, however, the actions required to successfully mitigate climate risks could slash output by 3.6 per cent. The push to cap levels at 1.5°C agreed in the Paris Climate Accord will result in net drop of about 2 per cent by 2050. More in article: https://www.thenationalnews.com/business/economy/2022/01/22/energy-transition-may-shave-75tn-off-global-economy-by-2050-wood-mackenzie-says/

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Zig’s Place Chatroom News Friday PM 1-21-22

Zig’s Place Chatroom News Friday PM 1-21-22

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

butterfly   A Superpower Submits A Proposal To Ban Cryptocurrencies

Economic Last Update 01/20/2022 | 5:09 PM  The Russian Central Bank, the third largest cryptocurrency country in the world, has proposed a blanket ban on the use and mining of all cryptocurrencies domestically.

The Central Bank said in a report published today, Thursday, that cryptocurrencies bear the hallmarks of a pyramid scheme, and undermine the sovereignty of monetary policy, which poses a threat to the Russian financial system.

The report stated that the potential financial stability risks associated with cryptocurrencies are much higher for emerging markets, including in Russia, due to increased propensity to save in foreign currency with an insufficient level of financial literacy, quoting Bloomberg.

The bank explained that mining harms the country's green agenda, threatens Russia's energy supply and amplifies the negative effects of the proliferation of cryptocurrencies, creating incentives to circumvent attempts at regulation.

Two well-informed sources said the central bank's tough stance against cryptocurrencies is in line with that of Russia's powerful security services, which also support banning cryptocurrencies domestically to prevent them from being used to fund opposition in the country.

Russia is home to a thriving mining industry, which has become an increasingly important hub after China described cryptocurrency-related transactions as illicit financial activity and vowed to root out digital asset mining.

Russia became the world's third largest cryptocurrency mining country last year, according to Cambridge University data.

The largest crypto mines are located in the north of the country and in Siberia, where temperatures are low and there is potential for cheap energy.

Russia already bans the use of digital currencies to make payments, but lawmakers have acknowledged the presence of digital currencies in the 2020 law as their popularity grows.

butterfly   Unlike in China, the ban will not apply to assets held by Russians abroad, and those with offshore bank accounts will be able to trade cryptocurrency. https://almaalomah.me/2022/01/20/577736/

butterfly   Sweden Renews Support for De-Mining in Iraq ............ 21st January 2022 in Security .............. The United Nations Mine Action Service (UNMAS) welcomes the contribution of SEK 50 million (approximately USD 5.7 million) from the Government of Sweden, which will support the Government of Iraq with humanitarian, socio-economic, and reconstruction efforts while protecting vulnerable civilians from the threat posed by explosive ordnance.

Due to successive conflicts in Iraq from 1980 until 2017, as well as the most recent conflict waged by the Islamic State of Iraq and the Levant (ISIL), Iraq is one of the world's most explosive ordnance-contaminated countries, with approximately 2,850 square kilometers of recorded contaminated areas.

The financial contribution from the Government of Sweden will bolster the efforts of UNMAS to support capacity development for a nationally led and implemented explosive ordnance response.

The Swedish contribution will support clearance of explosive ordnance in the liberated areas and southern Iraq and will further support explosive ordnance risk education efforts to protect civilians, with messages and means tailored to reach women and children, as well as internally displaced person (IDPs) and vulnerable communities.

The implementation of the project, which began in December 2021 and will run for 24 months, will assist UNMAS to support the national mine action authorities through technical advice and training for effective management, regulation and coordination of mine action sector. Furthermore, it will build sustainable capacity of the national operators to independently deliver mine action activities.

butterfly   His Excellency Mr. Jonas Loven, Ambassador of Sweden to Iraq, said:

"Explosive ordnances continue to pose a serious threat to civilians all through Iraq. The widespread contamination is an obstacle for returns and access to basic social services that will require mine action for years to come. Sweden has had a long relationship with UNMAS Iraq and is proud to continue supporting their work including the increased focus on national capacity strengthening during this phase."

Pehr Lodhammar, Chief Mine Action Programme of UNMAS in Iraq, commented:

"With this generous contribution, Sweden has supported UNMAS activities in Iraq with more than USD 14 million since 2018. The Swedish support will greatly contribute to durable solutions by facilitating the safe return of IDPs to their places of origin, and enabling access to communities in need for humanitarian assistance."

(Source: UN)

butterfly   US shifting towards diplomacy in Iraq when dealing with Iran, experts say

Washington taking softer approach when dealing with Iranian meddling in Iraq and the wider region Jan 21, 2022 ................................... US-Iraqi relations have taken a more diplomatic path under President Joe Biden’s administration in comparison to the Donald Trump era, experts have told The National.

Mr Biden was inaugurated a year ago and has shifted Washington’s policy by taking a softer approach when dealing with Iranian meddling in Iraq and the wider region.

“The Biden administration has a completely different view of Iraq and the region than the Trump administration,” said Renad Mansour, director of the Iraq initiative at London’s Chatham House.

“The Trump administration's legacy in Iraq will be centred around the very maximal policy against Iran in Iraq.”

Under Mr Trump, who served one term as US president between 2016 and 2021, Iraq was used as a “battle on the ground” for Washington’s conflict with Iran, Mr Mansour said. More here: https://www.thenationalnews.com/world/us-news/2022/01/21/us-shifting-towards-diplomacy-in-iraq-when-dealing-with-iran-experts-say/

Zig   Yes, Dr. I am obsessed with this stupid Dinar   :Therapy: I see...this will take many sessions, sir

Zig   From my vast experience in chats and forums, less than 5% of those who read will ever post....true

UNEEK   Some interesting Tid Bits for today while we "wait":

UNEEK   Gabby Gingras was born unable to feel pain. She has a full sense of touch. But a rare genetic condition left her completely unable to sense physical pain.

You might think this is a superpower, or an incredible gift. But her life is dreadful. The inability to feel pain left Gabby unable to distinguish right from wrong in the physical world. One profile summarized a fraction of it:

As Gabby’s baby teeth came in, she mutilated the inside of her mouth. Gabby was unaware of the damage she was causing because she didn’t feel the pain that would tell her to stop. Her parents watch helplessly.

“She would chew her fingers bloody, she would chew on her tongue like it was bubble gum,” Steve Gingras, Gabby’s father, explained. “She ended up in the hospital for 10 days because her tongue was so swelled up she couldn’t drink.”

Pain also keeps babies from putting their fingers in their eyes. Without pain to stop her, Gabby scratched her eyes so badly doctors temporarily sewed them shut. Today she is legally blind because of self-inflicted childhood injuries.

Pain is miserable. Life without pain is a disaster.

UNEEK   John Maynard Keynes once purchased a trove of Issac Newton’s original papers at auction. Many had never been seen before, having been stashed away at Cambridge for centuries.

Newton is probably the smartest human to ever live. But Keynes was astonished to find that much of the work was devoted to alchemy, sorcery, and trying to find a potion for eternal life.

Keynes wrote:

I have glanced through a great quantity of this at least 100,000 words, I should say. It is utterly impossible to deny that it is wholly magical and wholly devoid of scientific value; and also impossible not to admit that Newton devoted years of work to it.

I wonder: Was Newton a genius in spite of being addicted to magic, or was being curious about things that seemed impossible part of what made him so successful?

UNEEK   Michael Lewis published his first book, Liar’s Poker, in 1989. It was a huge hit. But his next book didn’t come for another decade. He later explained his hiatuses and why he fills his time with hobbies:

Writers can get in this mindset where they feel they have to write another book … the publisher’s on you afterwards and they’re ready to get you going again. And I just always feel that the book is going to be better if I start all over again, start completely fresh as if I’ve never written a book before and give myself at least the option of not writing books.

The best ideas happen when you wait patiently for them to come, which isn’t something you or your boss can schedule.

EYEGUY   do you think they are now waiting to see what happens with Ukraine?

Zig   Who's "they?"

EYEGUY   if this question was already answered I didnt get the memo

EYEGUY   Iraq

Butterfly   No EYEGUY Ukraine has nothing to do with Iraq

Sheila    Copy/Paste from Telegram:   T W C, [1/21/22 10:32 PM]  [Forwarded from ShelbyMac]

WORD TO THE WISE:

Once we start getting our safelink / 800# to schedule a redemption appointment, there will be new communication rules.

And this is what we've heard MAY be a real possibility:

• All calls and voicemails will be recorded.

• All phone call logs are logged.

• All text messages are recorded.

• Twitter is monitored. (if active)

• Facebook is monitored. (if active)

• All social networks and forums are monitored.

🌟Inform those paricipating in that exchange that do not know.

• All devices are connected to departmental systems of the Federal Government and they will be looking to cancel redemptions for anyone who breaks the Non-Dislosure Agreement by discussing the RV exchanges, their appointments or redemptions etc.

• These NDA’s will be approximately 90 days (possibly longer depending on amount you hold)

• Certain words referenced to anything pertaining to thee exchange will not be allowed to be mentioned.

• If you need to speak to specific friends, family or anyone related to your projects, make sure to add them to your NDA addendum/exemption paperwork

• Be careful not to send unnecessary messages or information that goes against the law. These are legal agreements we are signing!

• Avoid sharing confidential information with your friends and family. Even telling your children puts you at risk....be very careful !!!

• Be aware of your surroundings.

"Everything you text, write or say can be used against you because of your NDA ... Dont take any chances!

DON'T PANIC! This is a lot of monetary value that we are dealing with. 1% of the world population is thought to be blessed to get to be apart of this humanitarian effort. These security steps may seem harsh, but truly they are for the welfare of this endeavor and of our own. It's worth it.

 Zig If you access this chat via https://my.cbox.ws/ZIGPLACE

You can make the box much bigger by clicking this link ZIGPLACE - Cbox

Zig’s Place Chatroom News Friday AM 1-21-22

Zig’s Place Chatroom News Friday AM 1-21-22

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

butterfly   Holy crap I don't like this article at all:

butterfly   Oil to reach $100 a barrel later this year 2022-01-21 03:44

Shafaq News / U.S. crude exports are ramping up due to increasing demand from Asia and Europe and recovering U.S. production from the lows of the coronavirus pandemic.

Surging worldwide demand, supply outages and international political tension have stoked worries around crude supplies, boosting oil prices to the highest levels in seven years, with some predicting crude could even reach $100 per barrel. That has brought in more buyers of U.S. oil, increasing exports and decreasing domestic crude stockpiles.

U.S. seaborne crude exports have increased in recent weeks and are close to 3 million barrels per day so far this month, according to Matt Smith, lead oil analyst for the Americas at Kpler. That's just under the 3.2 million bpd average in crude exports in December, which was the strongest month since February 2020, he said.

Cargoes booked for February are headed to numerous countries including China, South Korea and India, Refinitiv Eikon shipping data showed. Those three are among the largest regular buyers of U.S. crude. Global demand in Asia in 2022 is expected to rise 4% to 37.2 million bpd, the International Energy Agency said Thursday, making it the only major region ahead of 2019's pace.

Exports have helped reduce crude stockpiles in the U.S. Gulf Coast to as low as 220.3 million barrels earlier this month, which was a two-year low.

Increased vehicle traffic means lighter barrels from the United States, which produce a higher volume of gasoline, are attractive to buyers. The IEA said Thursday it expects worldwide gasoline demand to rebound to 26.3 million bpd - just 1% lower than 2019's consumption.   Source: Reuters

butterfly   United States, which produce a higher volume of gasoline...........................we love our vehicles

butterfly   It has been said/reported that we take better care of our vehicles than our own bodies.

Zig   Meat Loaf passed away yesterday at 74.....here is a classic of his https://www.youtube.com/watch?v=uRQ12qjiDBQ  "I Would Do Anything For Love"

UNEEK   Zig OH my gosh - sad news - I watched a live interview with him and Dan Rather - it was great - He was a really fine person behind that hard rock music -

UNEEK    https://www.youtube.com/watch?v=84R1ZGY1qoA

butterfly   UNEEK I watched him on one of those "ghost" shows they have and he was scared out of his mind on what he heard and saw.

UNEEK   I learned a lot about him from that interview - it was really good - I only liked one or two of his songs and another wow - he was in a lot of movies - did not know that he was an actor - 

butterfly  Al-Hout houses +8,000 inmates on death row, each cost +10$ a day; source 2022-01-21 07:35

Shafaq News/ The Nasiriyah Central Prison, also known as al-Hout, houses more than 8,000 inmates on death row, a security official said on Friday.

The official, who preferred to remain anonymous, told Shafaq News Agency, "more than 8,000 members of al-Qaeda and ISIS are detained in al-Hout prison in Southern Iraq after being sentenced to the capital penalty. However, they have not been executed even though the majority were convicted four years ago."

"Each prisoner costs the treasury at least 10 dollars a day," the official added.

In Iraq, the death penalty is regulated by national legislation. It is imposed on persons found guilty of a variety of different crimes including murder, treason, espionage, rape, kidnapping, terrorism, war crimes, and drug trafficking.

However, people accused of terrorism face particular scrutiny because their cases are judged based on the Anti-Terrorism Law (No. 13) of 2005. According to articles 2 and 3 of this law, if a person is found guilty of a codified crime, either as an accomplice to the crime or a mastermind of it, the sentence is death.

In many cases, Iraq officials have elevated the Anti-Terrorism Law over the Criminal Procedure Code. This means that people accused of terrorist activities could see the denial of their fundamental civil rights.

A 2005 law carries the death penalty for anyone convicted of "terrorism," which can include membership of an extremist group even if they are not convicted of any specific acts.

Rights groups have warned that executions were being used for political reasons.

butterfly  Since the official declaration of victory over IS, Iraq's courts have sentenced hundreds to death for crimes perpetrated during the jihadists' 2014 seizure of around a third of the country and their brutal three-year hold over cities, including Mosul.

But only a small proportion of the sentences have been carried out, as they must be approved by the president.

Barham Saleh, who has held the post since 2018, is known to be personally against capital punishment and has resisted signing execution orders in the past.

Despite Saleh's moderating influence, Iraq in 2019 carried out the fourth-highest number of executions among nations worldwide, after China, Iran, and Saudi Arabia, according to Amnesty International.

Iraq carried out 100 executions that year, one out of every seven worldwide.

They include 21 men convicted of "terrorism" and executed at the notorious Nasiriyah prison in November.

The move sparked condemnations from the United Nations, which described the news as "deeply troubling" and called on Iraq to halt any further planned executions. https://www.shafaq.com/en/Iraq-News/Al-Hout-houses-8-000-inmates-on-death-row-each-cost-10-a-day-source

Zig   Meat Loaf passed away yesterday at 74.....here is a classic of his https://www.youtube.com/watch?v=uRQ12qjiDBQ  "I Would Do Anything For Love"

UNEEK   Zig OH my gosh - sad news - I watched a live interview with him and Dan Rather - it was great - He was a really fine person behind that hard rock music -

UNEEK   https://www.youtube.com/watch?v=84R1ZGY1qoA

butterfly   UNEEK I watched him on one of those "ghost" shows they have and he was scared out of his mind on what he heard and saw.

UNEEK   I learned a lot about him from that interview - it was really good - I only liked one or two of his songs and another wow - he was in a lot of movies - did not know that he was an actor -

butterfly   Pakistan is considering establishing a consulate in Erbil 2022-01-20 09:25

Shafaq News/ The Pakistani Ambassador to Iraq, Ahmed amjad Ali, on Thursday said that his country is considering establishing a consulate in the capital of the Kurdistan Region, Erbil.

Ali's remarks came during a meeting he held with the President of the Kurdistan Region, Nechirvan Barzani, according to a readout issued by the latter's bureau.

According to the readout, the meeting touched upon "the mutual desire to bolster Iraq and Kurdistan's ties with Pakistan, particularly in the commercial and educational aspects, in addition to creating jobs and investment opportunities for Pakistani capitals."

The Pakistani diplomat said that his country highly regards its ties with Iraq and Kurdistan, highlighting prospects of good commercial cooperation and exchange with the Region.

The Ambassador said that his country is seriously considering establishing a consulate in the capital of Kurdistan, Erbil, and operating direct flights between Pakistan and Kurdistan.

For his part, President Barzani expressed his willingness to strengthen the ties with Pakistan, shedding light upon the investment opportunities of Pakistani capitals in the Kurdistan Region. https://www.shafaq.com/en/Kurdistan/Pakistan-is-considering-establishing-a-consulate-in-Erbil

Butterfly   The International Monetary Fund Sends A Warning Message To Countries Whose Debts Are In Dollars Economic   Last Update 01/21/2022 | 6:00 PM

International Monetary Fund Managing Director Kristalina Georgieva stressed that the increase in US interest rates could have significant effects on countries with high levels of debt dominated by the dollar.

Georgieva said the Fed's rate hike could "throw cold water" on the weak economic recovery in some countries.

Georgieva warned of the repercussions of raising interest rates in the United States on the weak economic recovery in some countries,

She indicated the need for the US Federal Reserve to clearly communicate its policy plans. The official called on countries with a high level of dollar debt to take action.

And the International Monetary Fund's message to countries with high levels of dollar-denominated debt is: “Act now. If you can extend the maturity, please do so.”

The warnings of the Director of the International Monetary Fund came during her participation in the “Davos” economic forum, held online due to the Corona pandemic, and indicated, during her discussion of the selections for the year 2022, that the International Monetary Fund expects the continuation of global economic recovery, but she stressed that it is “losing some momentum.” Due to the re-spread of the infection, the increase in inflation and the high level of debt.

The official stressed that fighting inflation is not the task of central banks alone, as other policy makers have to play a major role, including by promoting vaccinations to end the Covid-19 pandemic.

She added that inflation was a country-specific phenomenon, which made policy responses more complex in 2022 compared to 2020, the first year of the epidemic. https://almaalomah.me/2022/01/21/577854/

Butterfly   Iraq: Demonstrations refuse to renew the mandate of the three presidencies and demand the trial of al-Maliki

1-21-2022   Iraq - Demonstrations refuse to renew the mandate of the three presidencies and demand the trial of al-MalikiYesterday, Thursday, political sources in the Shiite “coordinating framework” revealed new understandings with the leader of the Sadrist movement, Muqtada al-Sadr, to unite the Shiite house in the negotiations to form the new government, and to choose the president of the republic,

noting the “framework”‘s rejection of the renewal of the current prime minister, Mustafa Al-Kazemi. , for a second term, amid a gathering of dozens in Al-Nusour Square in Baghdad, to demand the trial of the leader of the “State of Law” coalition, Nuri al-Maliki, for causing the “fall” of a number of cities to the hands of the “Islamic State” organization, and also to express their refusal to extend the mandate of the three presidencies.

Local news websites transmitted pictures of protesters who carried banners denouncing the attempts to renew the mandate of the President of the Republic, Barham Salih, and Prime Minister Mustafa Al-Kazemi, denouncing the remaining Muhammad Al-Halbousi, the leader of the “Progress” coalition, as Speaker of the Iraqi Parliament.

The demonstrators also carried banners accusing the leaders of the “framework” of financial corruption, while also calling for al-Maliki to be tried “publicly”.

The demonstrators renewed their demands to eliminate financial and administrative corruption, stressing the need to remove the dissolved Baath Party from assuming power again in the country.

The banners included slogans (the government that does not try al-Maliki, the leader of the framework for handing over cities to the terrorist ISIS, we will not allow it to stay), as well as (the leader of the framework is wanted for the Iraqis) with a picture of al-Maliki marked with a public trial.

butterfly   Among the slogans raised by the protesters (No renewal, no extension), accompanied by pictures of Saleh, Al-Kazemi and Al-Halbousi, bearing an (X), as well as other phrases that included (No to Al-Halbousi. No to renewal for the corrupt. No to the return of the criminal Baath).

A group calling itself “Iraqi Protesters” had earlier called for a demonstration in Baghdad under the title “Khamis – the tempted is not tempted.”

Meanwhile, the forces of the “Coordination Framework” met, yesterday evening, at Al-Maliki’s house, to discuss a number of files, most notably the Federal Court’s decision to postpone the decision on the case against the legitimacy of the first session of the House of Representatives.

Hisham Al-Rikabi, director of Al-Maliki’s office, said in a statement, “A meeting of the coordination framework took place in Al-Maliki’s office, and it is not true that Prime Minister Mustafa Al-Kazemi attended the meeting,” after rumors circulated about that.

On the other hand, a member of the Coordination Framework, Aref Al-Hamami, confirmed that there is a very close breakthrough with the unification of the “framework” and the “current,” and the entry in one bloc to the parliament, while he renewed his refusal to renew Al-Kazemi.   rawabetcenter.com

Butterfly   Gold Is Heading To Record Weekly Gains  Economic  Last Update 01/21/2022 | 6:21 PM

Gold prices fell, today, Friday, and despite that, the precious metal prices tended to record weekly gains, and gold prices rose recently, with the increase in demand for safe havens, with rising inflation.

By 15:00 Moscow time, gold futures were down 0.55% at $1,834.80 an ounce.

While the price of spot contracts for the precious metal decreased by 0.26% to $ 1834.57 an ounce, according to data from the “Bloomberg” website. https://almaalomah.me/2022/01/21/577856/

Butterfly   The Framework: The Next Prime Minister Will Be Far From The Names Presented

POLITICIAN LAST UPDATE 01/21/2022 | 10:56 AM

Representative of the State of Law, Muhammad Al-Ziyadi, confirmed, on Friday, that the next prime minister will be far from the names presented previously, indicating that the coordinating framework is determined to form a consensual government that includes all political forces.

Al-Ziyadi said in a televised statement, which was followed by "Al-Maalouma", that "the coordinating framework is determined to form a consensus government that includes all political forces."

He added that "if the Federal Court decided the invalidity of the session, the parliament's presidency will be re-elected and new constitutional times will be set, and the course of the first session confused the political process and constitutional times."

He pointed out that “the framework and the current did not agree on candidates for the position of prime minister, and that the next prime minister will be far from the names presented previously.” https://almaalomah.me/2022/01/21/577804/

butterfly   The Previous Parliament’s Parliamentary Finances Suggest That The Current Year’s Budget Legislation Will Be Delayed POLITICIAN LAST UPDATE 01/21/2022 | 8:47 AM

A member of the Parliamentary Finance Committee in the former parliament, Muhammad Al-Shabki, suggested that the budget legislation within Parliament was likely to be delayed, pointing out that many ministries had not resolved their budgets, as well as the final accounts.

Al-Shabki said to "The Information", "The governments did not submit final accounts for all of the past years, but the budget does not depend on preparing these accounts, in addition to the fact that there are problems that will occur in the 2022 budget."

He added, "Parliament has not yet been formed, as well as its parliamentary committees, and this will affect the preparation of the budget, as it will be much delayed and its approval may be, as happened last year."

And he indicated that "many ministries have not completed their budgets by 100 percent, and therefore the budgets are often rotated and carried over to the new year after they are processed and the final accounts prepared if they are completed." https://almaalomah.me/2022/01/21/577791/

Zig   Many :Thankyou: to  butterfly for her daily posts...nobody better in this community   :Yes:

 Zig If you access this chat via https://my.cbox.ws/ZIGPLACE

You can make the box much bigger by clicking this link ZIGPLACE - Cbox

Zig’s Place Chatroom News Thursday Afternoon 1-20-22

Zig’s Place Chatroom News Thursday Afternoon 1-20-22

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

butterfly   State Of Law: We Will Not Pass The 2022 Budget Without Reducing The Price Of The Dollar

01/20/2022 | 4:34 PM   The leader of the State of Law coalition, Haider al-Lami, confirmed today, Thursday, that the 2022 budget will not pass until after the exchange rate of the dinar against the dollar is restored to what it was previously, especially after the rise in oil prices.

Al-Lami told the “Information” agency, “The coalition, from the beginning, categorically rejected the decision to raise the exchange rate, but was surprised by a great rejection by some political forces,” noting that “the only affected by this rise is the Iraqi people.”

He added, “Iraq today exports more than four million barrels of oil, and the price of one barrel reaches 85 dollars, so the exchange rate decision must be reconsidered.”

Al-Lami stressed, “The rule of law will not proceed with passing the 2022 budget except with a decision to return the dollar exchange rate to what it was previously, in the service of the interests of the Iraqi people.”

almaalomah.me

Zig   Regarding the Sterling Currency case:

On December 10, 2021, the Court imposed the following custodial sentences for the three convicted defendants:

TYSON RHAME was sentenced to 15 years of incarceration;

JAMES SHAW was sentenced to 7 years, 11 months of incarceration; and

FRANK BELL was sentenced to 7 years of incarceration. Much more here https://www.justice.gov/usao-ndga/sterling-currency-action

butterfly   Thanks Zig

Zig   If anyone filed a claim against Sterling, restitution decisions will be made in Feb....according to what you will find at that link

Zig   butterfly : YW

butterfly   The Court has allowed victims an additional period of time to come forward with evidence of their losses. Accordingly, if you have not already done so, please be sure to complete a Victim Impact Statement and send any records of your purchases at Sterling no later than January 20, 2022.

butterfly   I wonder if the other victims know about that website and the information in there.

Zig   I think many people lost money with them

butterfly   I think they did and it has been so long, that most have problem wrote it off.

Zig   People lost on those "Reserves".....I never did that.....

Sheila   Zig Did it once back in 2011. Paid off in less than 3 weeks.

butterfly   Zig if I did not have the money, I was not going to trust it to someone I did not know. Just like the "so-called gurus".

butterfly   I hope this information gets posted over on dinarrecaps bc a lot of people need to see this information.

Sheila   butterfly FOMO kicked in back then. Never since then. Bird in the hand much better.

Sheila   butterfly This information actually was stated by MarkZ this morning and on Nick Fleming's 1/19/2022 post on his blog.

Zig   FOMO = Fear of Missing Out....if anyone does not know...

butterfly   sheila good!

Sheila   Zig Bought up Zim about 6 years ago. Long before gurus got on the bandwagon. Heard about Zim from retired banker friend. So far they have been way ahead of all current "rumtel". Think I will stick with any tidbits I get from them.

Zig   I suggest making sure first that the person to whom you wish to send a PM is in the room before sending it....only way it will be seen.....

Zig  Let's say I am in the room and about to click on a link here and leave for 30 seconds....when I return the PM will not be visible to me.....

Sheila   Zig otay buckwheat,,, lol

Zig   The Sterling Currency Case discussed above....scroll up.....

Gerry   Good morning all. Watching with fascination what happening. Trying to learn all I can

Zig    Readers: Don't just look at the most current posts as lots of news is posted by butterfly throughout the day.....

Zig   sheila : Have you been writing at all?

butterfly   The Central Bank announces an unprecedented growth in its foreign reserves

Wednesday 19 January 2022 The Central Bank of Iraq announced that its data for the year 2021 showed an unprecedented growth in its foreign reserves compared to previous years.

And the bank’s management confirmed, in a press statement today, Wednesday, that “that growth was achieved thanks to its diversified investments and its management in accordance with monetary policy based on best international practices away from risks.” The Central Bank of Iraq announced that its data for the year 2021 showed an unprecedented growth in its foreign reserves compared to previous years.

And the bank’s management confirmed, in a press statement today, Wednesday, that “that growth was achieved thanks to its diversified investments and its management in accordance with monetary policy based on best international practices away from risks.”

butterfly   https://ninanews.com/Website/News/Details?key=951553

Gerry   Question: Is is still possible at this point in the game to purchase Iraqi dinar and Vietnamese Dong? I would think with the football about to be kicked off, it might be getting close to deadline time for that. This from someone who still feeling his way through this.

Zig   Gerry : Of course....currencies are bought and sold every day....As for anything about to be "kicked off", etc....we just have no idea about that....all we can do is wait  -- :Waiting: and hope that "something" happens to benefit our speculations eventually....

Gerry   Zig Thanks Zig. Will look into that.

butterfly   Gerry check out silvergreetings.com. That is where I bought my currency.

Gerry   Zig I did see an exchange rate for the dinar that had it at 1440 about a week ago. An

Gerry   butterfly Thanks butterfly. I will check it out.

Zig  We have to be careful in here not to give investment advice....we are mainly a group of people who have already speculated on currencies so have that in common.....make your own decisions and don't base them on any wild projections and predictions you see in this community.....

Zig   I admit to jumping into this blindly after getting 2 emails from people I knew online, advising me to hurry up and buy or I would miss getting filthy rich overnight.....lol....that is the most stupid way to invest....

Zig   :Think: I wonder if I would have bought into this if I had investigated it thoroughly beforehand  :Don't know: and that's the most honest answer I can give you....

Dave   butterfly It does seem that Sadr may now have the support they require to oust those CORRUPTORS ?

Dave   Both barrels loaded......

butterfly   Dave I thought you would enjoy that one about Maliki.

Dave   I see no RV with those scoundrels in power

Dave   postponed and delay......

butterfly   I still am positive about how the corruption is being cleaned up. We get the news a few days late, but what we hae been seeing, it looks "real" positive.

Dave   Abadi Mahdi the current dude ALL tried........No support

butterfly   There are too many investors, not like before, are watching and they ain't gonna invest if they see corruption.

Dave   The Iraqi citizens see it all now too

butterfly   Bingo.....and they are getting out of that "dictatorship" mindset.

Dave   SLC/DAWAs loosing it big time

butterfly   I can't remember the number of cell phones in Iraq, I should have posted that article, but lordy the number blew me away.....seeing what is happening outside of their dictatorship.

Dave   Doubt Maliki goes down willingly.....prolly will get fugly

Dave   From the TOP DOWN......I like it!

Dave  Heard fer years WHERE DID YOU GET THAT?

Dave   interesting how silent maliki has been in the face of all these allegations of corruption, he is the newly elected leader of his party

butterfly   Iraq: Demonstrations refuse to renew the mandate of the three presidencies and demand the trial of al-Maliki

- 1 Minute Has Passed Yesterday, Thursday, political sources in the Shiite "coordinating framework" revealed new understandings with the leader of the Sadrist movement, Muqtada al-Sadr, to unite the Shiite house in the negotiations to form the new government, and to choose the president of the republic, noting the "framework"'s rejection of the renewal of the current prime minister, Mustafa Al-Kazemi. , for a second term, amid a gathering of dozens in Al-Nusour Square in Baghdad, to demand the trial of the leader of the “State of Law” coalition, Nuri al-Maliki, for causing the “fall” of a number of cities to the hands of the “Islamic State” organization, and also to express their refusal to extend the mandate of the three presidencies.

Local news websites transmitted pictures of protesters who carried banners denouncing the attempts to renew the mandate of the President of the Republic, Barham Salih, and Prime Minister Mustafa Al-Kazemi, denouncing the remaining Muhammad Al-Halbousi, the leader of the "Progress" coalition, as Speaker of the Iraqi Parliament.

The demonstrators also carried banners accusing the leaders of the "framework" of financial corruption, while also calling for al-Maliki to be tried "publicly".

The demonstrators renewed their demands to eliminate financial and administrative corruption, stressing the need to remove the dissolved Baath Party from assuming power again in the country.

butterfly   The banners included slogans (the government that does not try al-Maliki, the leader of the framework for handing over cities to the terrorist ISIS, we will not allow it to stay), as well as (the leader of the framework is wanted for the Iraqis) with a picture of al-Maliki marked with a public trial.

Among the slogans raised by the protesters (No renewal, no extension), accompanied by pictures of Saleh, Al-Kazemi and Al-Halbousi, bearing an (X), as well as other phrases that included (No to Al-Halbousi. No to renewal for the corrupt. No to the return of the criminal Baath).

A group calling itself "Iraqi Protesters" had earlier called for a demonstration in Baghdad under the title "Khamis - the tempted is not tempted."

Meanwhile, the forces of the “Coordination Framework” met, yesterday evening, at Al-Maliki’s house, to discuss a number of files, most notably the Federal Court’s decision to postpone the decision on the case against the legitimacy of the first session of the House of Representatives.

Hisham Al-Rikabi, director of Al-Maliki’s office, said in a statement, “A meeting of the coordination framework took place in Al-Maliki’s office, and it is not true that Prime Minister Mustafa Al-Kazemi attended the meeting,” after rumors circulated about that.

On the other hand, a member of the Coordination Framework, Aref Al-Hamami, confirmed that there is a very close breakthrough with the unification of the “framework” and the “current,” and the entry in one bloc to the parliament, while he renewed his refusal to renew Al-Kazemi.

Arab Jerusalem https://rawabetcenter.com/archives/141310

 Zig If you access this chat via https://my.cbox.ws/ZIGPLACE

You can make the box much bigger by clicking this link ZIGPLACE - Cbox

Zig’s Place Chatroom News Thursday AM 1-20-22

Zig’s Place Chatroom News Thursday AM 1-20-22

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

Butterfly   French Oil Consultancy Wins Iraq Contract 20th January 2022 French-based petroleum consultancy Beicip Franlab has signed a deal to provide consultancy services to the Iraqi Oil Ministry's Reservoirs & Fields Development Directorate.

The Minister of Oil and President of Iraqi National Oil Company (INOC), Ihsan Abdul-Jabbar Ismail, said that Franlab will give advice that can be used to develop the oil sector, stating that the contract will help the Ministry of Oil and the oil companies to make the right decisions to develop the oil reservoirs in the interest of the national economy and the development of the oil and gas industry in the country.

The French ambassador to Baghdad, Eric Chevalier, said the signing marks a new stage in the development of relations with Iraq in the field of oil, gas and energy.

The Representative of Beicip Franlab, Thierry Le Maux, said the deal will help extend the life of the oil and gas fields.   (Source: Ministry of Oil)

butterfly   New Glass Factory for Baghdad 20th January 2022 he Sulaimanyah-based Royal Can Making Company is reportedly planning to set up a container glass factory in the south of Baghdad.

According to Glass International, the new Al Malakeya Glass Company will have a capacity of 1150 tons per day when completed in August 2024.

Engineering Procurement and Construction (EPC) management will be provided by German firm cm.project.ing GmbH.   More here. https://www.glass-international.com/news/iraqi-glass-container-plant-plan-unveiled

(Source: Glass International)

butterfly   Relying On Solar Energy To Reduce Emissions And Generate Electricity

ECONOMIC 01/20/2022 | 10:30 AM  The Department of Renewable Energy in the Ministry of Higher Education called, on Thursday, for the preparation of a corrective national strategic plan for the solar energy sectors instead of the one developed in 2012, stressing that solar electricity reduces CO2 emissions.

The Director-General of the Department, Kamal Hussein Latif, said in a statement that "the use of solar energy in generating electric power will contribute to reducing a large percentage of carbon dioxide emissions," explaining that "the contracts made by the government with some international companies to generate 12,000 A megawatt of solar energy will reduce emissions by up to 7 million tons.

Latif revealed that his department had prepared a study that proved that “it is also possible to rely on wind energy or go to nuclear reactors to produce electricity,” stressing that “this approach will drastically reduce emissions and increase the process of exporting oil instead of burning it.

He stressed, "the need to prepare a corrective national strategic plan for the energy sectors instead of the one that was established in 2012, because it achieved only 20 percent of its goals, due to the steady and unexpected growth in energy demand."

Latif explained, "In the Paris Agreement, Iraq committed itself to reducing emissions, like other countries, by 1-2 percent until 2030 and may reach the year 2035, by an additional 13 percent as a conditional reduction, offset by support from industrialized countries to implement reduction projects of 100 billion dollars for years. The next ten years, noting that annual emissions from electricity production are estimated at 40 million tons.

butterfly   He added, "The Paris Agreement is not binding in the general sense, but it will cast a shadow over many countries in the world in 2030, because emissions have increased greatly during the last 20 years from 350 to 450 parts per million of carbon dioxide, which is a not insignificant number," expecting that "the ten years will witness In the coming years, a rise in emissions may reach 550 parts per million, and this will lead to the sinking of many cities, especially coastal ones, and other severe climatic problems in the world that will be reflected on the Earth’s climate as a whole.”

For the purpose of controlling the pace of these emissions at the level of Iraq, Latif called for “adopting a new formulation of an energy strategy that includes in its steps the calculation and estimation of emissions with the annual growth occurring in all sectors, which will ensure from now on gradually reaching the required mandatory reduction.”

Latif pointed out that "emissions in Iraq are few compared to many countries, as they represent 0.6 percent compared to China, for example, which has an emission rate of 30 percent of the world's total emissions, in addition to India, some European countries and America," noting that "Iraq It is one of the fragile states most affected by local and regional emissions.” https://almaalomah.me/2022/01/20/577602/

butterfly   CBI sales inched up today 2022-01-20 06:02

Shafaq News/ The Central Bank of Iraq's (CBI) sales climbed today, Thursday.

Shafaq News Agency correspondent said that the CBI sales of foreign currency in today's auction amounted to 217,830,263. The transactions were made at a weighted average of 1460 dinars to every dollar.

Our correspondent explained that 6 banks and 97 exchange companies cashed out $23,790 million, while the remaining $194,040,263 went to boost funds abroad in the form of credit and non-cash transactions, with 30 banks meeting those demands. https://www.shafaq.com/en/Economy/CBI-sales-inched-up-today-5

butterfly   Iraq signs a contract with Sinopec to develop al-Mansuriya gas field 2022-01-20 05:21

Shafaq News/ The Iraqi Ministry of Oil has signed a deal with China's Sinopec to develop Iraq's Mansuriya gas field near the borders with Iran.

In a statement to the press on the sidelines of the signing ceremony on Thursday, Minister of Oil Ihsan Abdul-Jabbar Ismail said that the state-owned Basra Oil Company will hold 51% stake and the Sinopec will bold 49%.

Sinopec will help Iraq capture and process natural gas from the field and boost output to 300 million cubic feet of gas per day (mcf/d) as a targeted production level.

"The field will provide enough gas to generate 1000 Megawatts of electricity," he said, "the company will secure the financial, technical, and technological support to the Chinese company. The Governorate of Diyala will secure a safe environment for the field's investment."

"In the past five years, Iraq lost 15 billion dollars from importing gas to generate electricity from Iran. It also lost 190 thousand oil barrels to run the [production] plants," he added.

The head of the Contracts and Licensing Department at the Ministry said that the Basra Oil Company has 51% of the contract and will have the same share of revenues. The payments will range between 30 to 70%. This way, If the oil prices drop, the Iraqi state would not be in a difficult situation, and it can still secure 70% of the revenues."

Sinopec's representative in Iraq said that Chinese companies invested 20 billion dollars in Iraq in 2021.

He added that the company will deploy top qualification technologies and start providing the product as soon as possible.

In 2020, Iraq canceled a contract signed with a group led by Turkish Petroleum Corp (TPAO) to develop the field and invited international energy companies to compete to develop it.

Sinopec won the contract in a bidding round held at the oil ministry headquarters in Baghdad in April 2021. https://www.shafaq.com/en/Economy/Iraq-signs-a-co

butterfly   Oil prices are falling as they remain near the 8-year peak

Crude oil prices fell in early trading, Thursday, while remaining near an 8-year peak, amid calming international fears over the Omicron pivot, and the resumption of utilities opening in major economies such as the United Kingdom.

The world oil markets began talking about the reasons for the rise in the price of Brent barrel to an average of $100 per barrel during the first half of 2022, which is the highest level since 2014.

At 07:52 GMT, Brent crude futures prices for March delivery fell 0.68%, or 59 cents, to $87.85 a barrel.

The prices of US West Texas Intermediate crude futures for March delivery also fell 0.57%, or 49 cents, to $85.34 a barrel.

The global demand for crude is still increasing, especially in Europe and the United States, with the persistence of cold weather there, which means more demand for heating sources.

And oil is closing near its highest level in 7 years, with increasing fears of a supply shortage. Concern is growing about the already-existing outlook for short-term supply tightness.

butterfly  Supply concerns increased this week after the Houthi group in Yemen launched an attack on the United Arab Emirates, the third largest producer in OPEC, while Russia, the world's largest oil producer, intensified its military presence near the border with Ukraine, stoking fears of an invasion.

OPEC officials and analysts say that the rise of oil may continue in the next few months, and prices may exceed the threshold of $ 100 a barrel, due to the recovery of demand despite the spread of the Omicron mutant of the Corona virus and the limited excess production capacity in the OPEC Plus group.

And OPEC Plus, which brings together OPEC, Russia and other producers, is finding it difficult to achieve its goal of increasing monthly production by 400,000 barrels per day. But the International Energy Agency said on Wednesday that the market is expected to turn into a surplus in the first quarter of this year, and that some producers are expected to pump crude at or above all-time highs.

However, the agency warned that commercial oil and fuel stocks in OECD countries are at their lowest levels in 7 years, and that lower supplies could cause the oil market to fluctuate in 2022.

Source: Al Jazeera + agencies

butterfly   WHERE O WHERE IS DAVE???????? HE WILL ENJOY THIS ONE.

butterfly  Demonstrations condemning the leaders of the Shiite framework in Baghdad, calling for the trial of al-Maliki “publicly”

2022-01-20 06:54   Demonstrations condemning the leaders of the Shiite framework in Baghdad calling for the trial of al-Maliki publiclyShafaq News/ Dozens of people took part in demonstrations today, Thursday, in Al-Nusour Square in the center of the capital, Baghdad, against the Shiite coordination framework and its leaders.

The coordinating framework includes Shiite political forces opposed to the results of the legislative elections that took place in October of the year 2021, to become a pole in opposition to the Sadrist bloc led by Muqtada al-Sadr, which topped the highest percentage of seats in the elections and insisted on forming a political majority government in the country.

The demonstrators carried banners accusing the leaders of the framework of financial corruption, while also calling for the trial of the head of the State of Law coalition, Nuri al-Maliki, “publicly”.

Political parties and the popularity of al-Maliki, who held the position of Prime Minister of Iraq for two terms, are responsible for the fall of two-thirds of Iraq to the hands of ISIS in mid-2014, as well as the organization’s perpetration of the massacre at the Speicher military base in the city of Tikrit in 2016, in which 1,700 soldiers were shot dead.

The protesters expressed their displeasure with the attempts to grant the President of the Republic, Barham Salih, and Prime Minister Mustafa Al-Kazemi, the second term, calling for Muhammad Al-Halbousi, the leader of the “Progress” coalition, to remain in the position of Speaker of the Iraqi Parliament.

butterfly  The demonstrators renewed their demands to eliminate financial and administrative corruption, stressing the need to remove the dissolved Baath Party from taking power again in the country.

A group calling itself “Iraqi Protesters” had earlier called for a demonstration in Baghdad under the title “Khamis – the tried – not to be tried.”   shafaq.com

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Zig’s Place Chatroom News Wednesday Afternoon 1-19-22

Zig’s Place Chatroom News Wednesday Afternoon 1-19-22

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

Butterfly   Global oil prices continue to rise .. Brent crude exceeds $ 89 Economie- 19-01-2022 07:21 ...... Trading data on the stock exchanges indicates that the price of a barrel of Brent crude oil exceeded $89 for the first time in the past seven years, i.e. since October 13, 2014.

The price of March futures contracts for Brent crude rose 0.60 percent to $89.03 A barrel, March futures for WTI crude rose 1.80 percent to $86.36.

As of May last year, “OPEC +” reduced production by 9.7 million barrels per day due to the decrease in demand for oil caused by the Corona virus pandemic, and with the stabilization of the situation in the market, the terms of the agreement were modified.

On Thursday, statistics on weekly oil inventories are expected in the US. In the week ending January 7, commercial inventories in this country fell to their lowest level since October 2018. https://www.dijlah.tv/index.php?page=article&id=297049

butterfly   An important archaeological discovery under the Al-Nuri Mosque in Nineveh Economie- 19-01-2022 07:06 AM     The Nineveh Governorate Antiquities and Heritage Inspectorate announced, on Wednesday, the discovery of an important archaeological discovery under the Al-Nuri Mosque during the maintenance operations that have been underway on the mosque for 4 months

 Islamic Atabeg Era. Pointing out that the importance of this discovery lies in the fact that it allows "to know the extensions of the Al-Nuri Mosque and the old prayer hall, in addition to discovering ablution shops, which will increase the importance of this historical and archaeological site," he added. He explained that "the floors of the old chapel that were discovered are wider than the floors of the chapel that was built in the forties of the last century."

The discovery also included "4 rooms under the chapel used for the ablution process for the worshipers, which are 4 rooms connected to one another and built with stone and plaster." The width of one room is 3 and a half meters, its height is 3 meters, and it is located about six meters below ground level. It contains two basins of al-Halan, the depth of each basin is 60 centimeters. https://www.dijlah.tv/index.php?page=article&id=297047

butterfly   Switzerland expresses readiness to expand relations with Kurdistan 2022-01-19 09:51

Shafaq News/ The Kurdish Prime Minister, Masrour Barzani, met on Wednesday, the Swiss Ambassador to Iraq and Jordan, Lucas Gasser.

In a statement, the Kurdish Government said, "both sides discussed the situation in Iraq and efforts to form the new Iraqi government, as well as ways to strengthen relations between Kurdistan and Switzerland."

For his part, the Ambassador expressed "his country's readiness to expand cooperation and encourage Swiss companies to invest in the Region."

During the meeting, Barzani highlighted the governmental reforms, especially in diversifying the economy and revenues and benefiting from "the successful Swiss experience in developing Kurdistan at all levels." https://shafaq.com/en/Kurdistan/Switzerland-expresses-readiness-to-expand-relations-with-Kurdistan

butterfly   HOLY BEJESUS: ............ 'Valley of Peace,' largest world cemetery in holy city of Najaf

Wadi al-Salam is an ancient cemetery, the largest graveyard in the world, in Iraq's Shiite city of Najaf, where most Shiite Iraqis want to be buried. https://www.al-monitor.com/originals/2022/01/valley-peace-largest-world-cemetery-holy-city-najaf

butterfly   No room at the inn applies there....

Zig   Yikes

https://www.al-monitor.com/sites/default/files/styles/article_header/public/2022-01/GettyImages-1234086068.jpg?h=a5ae579a&itok=e30GQH2d

Dave   In some European cities families must rent/lease grave sites in cemeteries or risk getting evicted

Butterfly   Turkey and UAE sign local currency swap agreement

The Turkish Central Bank said - today, Wednesday - that it had signed a currency exchange agreement with the Central Bank of the Emirates with a nominal volume of 64 billion liras ($4.7 billion) and 18 billion dirhams, according to Reuters.

The bank said that the agreement, which aims to enhance bilateral trade and forms of financial cooperation between the two countries, will last for a period of 3 years, with the possibility of extending it with the agreement of the two parties.

Anadolu Agency said that the agreement was signed by the Governor of the Central Bank of Turkey, Shehab Kavcioglu, and his Emirati counterpart, Khaled Muhammad Balama.

The statement included statements by Turkish and Emirati officials. Kavcioglu stressed that the agreement is an indication of the two countries' insistence on deepening bilateral trade in local currencies.

For his part, Al-Amma said that the agreement is evidence of the two countries' desire to increase bilateral cooperation in financial matters, especially in the field of trade and investments.

Source: Reuters + Anadolu Agency https://rawabetcenter.com/archives/141270

butterfly   Erdogan urges Turks to convert foreign currency savings into lira

Turkish President Recep Tayyip Erdogan urged his citizens and businesses on Wednesday to convert their foreign currency savings into the lira (national currency), as Ankara seeks to boost demand for the lira.

Erdogan said - after a cabinet meeting - that 163 billion lira ($12.2 billion) had been deposited into accounts, as part of a government system that protects lira deposits from exchange rate drops.

And the new financial mechanism called the Turkish Lira Deposit, which is protected from exchange rate fluctuations, guarantees the lira depositor not to fall victim to exchange rate fluctuations, and to obtain the declared interest, in addition to the difference in the dollar price between the time of deposit and withdrawal.

On another occasion today, Erdogan said that his country had succeeded in manufacturing armed drones, despite the parties that underestimated its capabilities in this regard.

During the 51st meeting with the district and village mayors in the capital, Ankara, he stressed that Turkey is currently emerging as the strongest alternative at a time when the center of global production and trade is changing.

While the existing factories in the industry are operating at full capacity, new investments are constantly being made, the president said.

He added: We have approached the 30 million mark in employment by reaching a higher level than we were before the Corona pandemic.

Erdogan stressed that Turkey's foreign trade volume has reached $500 billion, of which more than $225 billion is for exports. https://rawabetcenter.com/archives/141283

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Zig’s Place Chatroom News Wednesday AM 1-19-22

Zig’s Place Chatroom News Wednesday AM 1-19-22

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

UNEEK   Some interesting Tid Bits while we wait on the news from butterfly:

UNEEK    Franklin Roosevelt looked around the room and chuckled when his presidential library opened in 1941. A reporter asked why he was so cheerful. “I’m thinking of all the historians who will come here thinking they’ll find the answers to their questions,” he said.

Everything we know about history is limited to what’s been written down, shared publicly, or spoken into a camera. The stuff that’s been kept secret, in someone’s head, taken to the grave, must be – I don’t know – 1,000 times as large and more interesting.

UNEEK    Ulysses S. Grant’s wife, Julia, did not like Abraham Lincoln’s wife, Mary.

When President Lincoln asked Grant to accompany him and the First Lady to Ford’s Theater on April 15th, 1865, Grant declined, joking with the president that it was a command from his wife that he stay home. Lincoln responded:

“Of course, General, you have been long from home, fighting in the field, and Mrs. Grant’s instincts should be considered before my request. I am very sorry, however, for the people would only be too glad to see you.”

Lincoln was shot hours later.

Historian Ron Chernow writes:

Grant would long wonder if his presence at Ford’s Theatre might have altered things and whether Julia’s dislike of Mary Lincoln had inadvertently modified the direction of American history.

Would Grant, with his acute battlefield instincts, have sensed the assassin’s tread? Would he have been more attentive to security concerns and brought his own security guard? Would the omnipresent [aide] Beckwith have sat outside the box, buffering his boss from harm?

So much important history hangs by a thread.

UNEEK    President Clinton noted in his January 2000 State of the Union speech:

We begin the new century with over 20 million new jobs; the fastest economic growth in more than 30 years; the lowest unemployment rates in 30 years; the lowest poverty rates in 20 years; the lowest African-American and Hispanic unemployment rates on record; the first back-to-back surpluses in 42 years; and next month, America will achieve the longest period of economic growth in our entire history.

That wasn’t an exaggeration. But it marked the beginning of the worst decade for the stock market in modern times.

In January 2010, President Obama noted in his State of the Union speech:

One in 10 Americans still cannot find work. Many businesses have shuttered. Home values have declined. Small towns and rural communities have been hit especially hard. And for those who’d already known poverty, life has become that much harder.

That wasn’t an exaggeration. But it marked the beginning of one of the best periods for the stock market in modern times.

butterfly   Economist: The Recovery Of Oil Prices Is A Justification For Restoring The Dollar Exchange Rate

ECONOMIC 01/19/ 2022 | 11:01 AM   The economic expert, Nabil Jabbar Al-Ali, expected, on Wednesday, a jump in oil prices in the coming days, after stabilizing the threshold of 75 dollars, stressing that the recovery of oil prices is a justification to reconsider the exchange rate of the dollar.

Al-Ali said in a statement to “The Information” that “the dollar’s ​​exchange rate depends on a fixed price policy that is not linked to the global economy,” noting that “the duty of pure monetary policy is to maintain stability and try to stimulate economic indicators within the country through per capita income, as well as the poverty rate and the indicator the prices".

He added, "The Central Bank is primarily responsible for monetary policy in partnership with the Ministry of Finance, as well as the Ministry of Planning and the Economic Councils, and they must reconsider the dollar exchange rate, especially since this change came based on the requirements of the government's deficit in the year 2020."

Al-Ali pointed out that “the current government is currently facing an economic well-being that may rise in oil prices in the coming days,” stressing “the need to invest the surplus from oil revenues in economic projects.” https://almaalomah.me/2022/01/19/577421/

butterfly    There are more of these "kind" of articles coming up more than throughout this long investment.

butterfly   We will pay more for oil/gas but will have the money to pay for it. Those that did not invest won't have that money. Sad.

butterfly   Just my opinion of course.

butterfly    Oil Is Making An Unprecedented Jump In Seven Years

ECONOMIC  01/19/ 2022 | 9:06 AM   The price of a barrel of Brent crude oil has exceeded $89 for the first time in the past seven years, i.e. since October 13, 2014.

The price of March futures contracts for Brent crude rose 0.60 percent to $89.03 A barrel, March futures for WTI crude rose 1.80 percent to $86.36.

As of May last year, “OPEC +” reduced production by 9.7 million barrels per day due to the decrease in oil demand caused by the Corona virus pandemic, and with the stabilization of the situation in the market, the terms of the agreement were modified.

Since August 2021, the parties to the agreement have increased production by 400,000 barrels per day each month, hoping to return to previous levels by the end of September 2022. https://almaalomah.me/2022/01/19/577393/

butterfly   Expectations From OPEC To Increase Demand For Oil Strongly During 2022

Economic  Last Update 01/18/2022 | 8:52 PM

The Organization of the Petroleum Exporting Countries confirmed, on Tuesday, its expectations of a strong increase in global oil demand in 2022, despite the mutated Omicron strain of the Corona virus and expected increases in interest rates, expecting the oil market to remain well supported during the year.

The Organization of the Petroleum Exporting Countries (OPEC) said in a monthly report, seen by "The Information", that it expects global demand for oil to rise by 4.15 million barrels per day this year, unchanged from its expectations last month.

The Organization of the Petroleum Exporting Countries added, "The monetary measures are not expected to disrupt the primary momentum of global economic growth, but rather work to re-evaluate the economies experiencing inflationary growth."

And she added, "The oil market is expected to remain well supported throughout 2022." https://almaalomah.me/2022/01/18/577357/

Zig   butterfly :  :Thankyou: .....The question remains: "restoring" the exchange rate to what rate??.....we just don't know....

butterfly   I am "guessing" to when we invaded Iraq.

butterfly    Al-Maliki: The Postponement Of The Court Is Correct And An Opportunity To Complete Political Understandings

Politician Last Update 01/19/2022 | 1:16 PM

The representative of the State of Law coalition, Dergham Al-Maliki, considered, on Wednesday, the postponement of the issue of challenging the legitimacy of the first session of the House of Representatives as a correct decision and another opportunity for the political forces to complete their understandings, likely that the Federal Court would issue an explanatory statement related to addressing the constitutional timings.

Al-Maliki said in a statement to / information /, that “the decision of the Federal Court to postpone the hearing of the appeal case in the first session of the House of Representatives is correct,” noting that “the decision to postpone certainly gave another opportunity to complete political understandings.”

He added that "the pronouncement of the appeal case in the session is an influential and sensitive decision that cannot be resolved in one session," noting that "the court will study the case completely and carefully until the final decision is taken."

Al-Maliki suggested that “the Federal Supreme Court will issue an explanatory statement regarding the handling of the constitutional timings.”

butterfly  https://almaalomah.me/2022/01/19/577467/

butterfly   A Deputy Explains The Reason For The Postponement Of The Federal Court's Decision On The Appeal In The Parliament Session

Politician Last Update 01/19/2022 | 3:01 PM  Member of the State of Law Coalition, Mahmoud al-Salami, stated, on Wednesday, that the court's postponement of the case for the first parliamentary session came as a result of strengthening it with new evidence.

Al-Salami said, in a statement to the "Information" agency, that "MP Basem Khashan came with a new set of evidence that reinforces the lawsuit against the first session and its legitimacy, and the deputy deputy and head of the age, Mahmoud al-Mashhadani, submitted a report showing the effects of bruises and proving the assault that took place inside the parliament dome."

He added that "the postponement of the Federal Court's decision on the case until the 25th of this month, came for the purpose of examining the new evidence and reaching a correct decision, which is a positive postponement in favor of the case."

Representative Durgham al-Maliki considered, earlier, the postponement of the issue of challenging the legitimacy of the first session of the House of Representatives as a correct decision and another opportunity for the political forces to complete their understandings, likely that the Federal Court would issue an explanatory statement related to addressing the constitutional timings.

The Federal Court had decided, earlier, to postpone the decision on the appeal in the first parliament session to the 25th of this month. https://almaalomah.me/2022/01/19/577485/

Zig   butterfly : Wow am I tired of seeing the name "Maliki" in articles....lol

butterfly   Zig oh there are more. People are so so disgruntled with the delay....not this one, no not that one either, on and on and the fed court will decide next week who it will be.......we will see. lol

butterfly   Wait did I post next week.....slapping my fingers......it will be next "month" February.

Butterfly   Wow what happened to the articles I just posted?

Butterfly   They were in reference to a pipeline that exploded and they said that would not raise the oil prices. Well now ain't that nice. Here in the US, they have a fire, etc. the price of gasoline goes up and up.

EYEGUY   butterfly small sacrifice for us to pay higher oil/gas prices ....we are fortunate

EYEGUY   Zig yep the eternal questions what rate and when ?

butterfly  EYEGUY memory is not what it use to be but I think it was 2+

EYEGUY   I`ll be happy @ 1 to 1 and NOW!!!! for those of you who want to know my opinion

EYEGUY    memory I forgot what that is

butterfly    haha

butterfly    I tell my d-n-l that computer memory has failed many times of late.

Zig   EYEGUY : I honestly would be happy with 5 cents at this point....

EYEGUY    lol

EYEGUY   with the threat of Putin wageing war wonder what that will do to oil prices

butterfly  I want more than a penny, nickel or a dime for all the years that we have had to wait.

EYEGUY    and Oil delivery

Zig  But many people would be unhappy....I just happen to have a lot of Dinar so 5 cents would be good for ME

butterfly   Russia and Iraq are good friends...no problem with Russia getting oil.

EYEGUY   I figured that

EYEGUY  Russia wants to sell thier oil   and gas

butterfly   If I posted everything that is going on in Iraq, lordy, there would be no one here or room for them.

EYEGUY   pick the good stuff

butterfly   Central Bank talked to Lebanon and their moola has increased.

EYEGUY  I`d be looking for the rate and date ones :)

Zig   butterfly : I like the articles related to the economy

EYEGUY   I would like an increase in Moola

butterfly  My interest in some of the information is not interesting to most, so I try to keep it to what others like...........moola!

Butterfly   Like this article: https://www.thenationalnews.com/mena/iraq/2022/01/18/us-to-hand-over-two-stolen-artefacts-to-iraq/ ............ I guess I have an old soul.

butterfly   Dolly Parton turned 76 today.

Butterfly   2022-01-19 03:10   Shafaq News/ The U.S. dollar (USD) exchange rates against the Iraqi dinar (IQD) climbed in Baghdad and Erbil today.

Shafaq News Agency correspondent said that the Central al-Kifah and Al-Harithiya exchanges are trading the USD at a rate of 148250 IQD to 100.

Our correspondent said that the buying and selling rates of 100 USD in the local markets of the Iraqi capital reached 148750 and 147750 IQD, respectively.

In the capital of the Kurdistan Region, the buying and selling rates of 148400 and 148200 IQD for every 100 USD, respectively. https://www.shafaq.com/en/Economy/USD-IQD-exchange-rates-inched-up-in-Baghdad-and-Erbil-6

butterfly   Iraq raises its holdings of US bonds by nearly a billion dollars

2022-01-19 23:23    Iraq raises its holdings of US bonds by nearly a billion dollarsShafaq News/ The US Treasury announced, on Wednesday, that Iraq’s holdings of US bonds increased by nearly one billion dollars during the month of last November.

The Treasury said in a table seen by Shafak News Agency, “Iraq’s possession of US Treasury bonds for the month of November increased by 874 million dollars, or 4.29%, to reach 21.238 billion dollars, after it was 20.364 billion dollars last October, indicating that” this Bonds also rose from the same month last year 2020, when Iraq’s holdings of bonds amounted to $19.8 billion.

She added that “Iraqi bonds, including long-term guarantees amounting to 9.088 billion dollars and short-term guarantees amounting to 12.150 billion dollars,” noting that these bonds represent 0.3% of the world’s bonds.

In the Arab world, Saudi Arabia comes at the forefront of the most possessing countries, with an amount of 115.2 billion dollars, followed by the UAE with 48.83 billion dollars, Kuwait third with 45 billion dollars, then Iraq fourth, Oman fifth with 5.4 billion dollars, then Morocco with 3.7 billion dollars.

She pointed out that “the most countries in possession of US bonds are Japan, with a value of 1.340 trillion dollars, followed by China, with 1.080 trillion dollars, followed by Britain, with 621 billion dollars, and then Luxembourg with 334 billion dollars.”    shafaq.com

butterfly   Now tell me this next article is not a good one.

butterfly  The Central Bank of Iraq announces an “unprecedented” growth in its foreign reserves

2022-01-19 05:51   The Central Bank of Iraq announces an unprecedented growth in its foreign reservesShafaq News/ The Central Bank of Iraq announced on Wednesday that it recorded a significant growth in its foreign currency reserves last year.

The bank’s media office said in a statement today, that its data “for 2021 showed an unprecedented growth in its foreign reserves compared to previous years.”

The statement pointed out that “this growth was achieved thanks to its various investments and its management in accordance with the monetary policy based on the best international practices away from risks.”

The bank did not mention in its statements any figures that determine the size of its foreign reserves.

shafaq.com

butterfly   The Federal Court postpones the decision on the appeal in the first session of Parliament

2022-01-19   Today, Wednesday, the Federal Court decided to postpone the decision on the appeal in the first session of Parliament.

A press source said, “The Federal Court took note of the plaintiffs’ statements about the appeal in the first parliament session.”   He added, “The court decided to adjourn the case to the 25th of January.”

burathanews.com

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Zig’s Place Chatroom News Tuesday PM 1-18-22

Zig’s Place Chatroom News Tuesday PM 1-18-22

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

Dave   A political source told Shafaq News Agency that Qaani held in the house of Haider al-Abadi intensive discussions with the heads of the Coordination Framework and in the presence of leaders of the armed Shiite factions then immediately headed to Al-Hanana to meet al-Sadr.

A source in Al-Sadr’s office told our Agency, “Qaani came to Al-Sadr to find a solution to the Shiite-Shiite differences and reunifying the Shiite house according to the political agreements since 2003, but Al-Sadr rejected the scenario of forming a consensus government.”

He added that “Qaani failed to change al-Sadr’s position on some leaders of the Framework, specifically on the leader of the state of law Nouri al-Maliki, in addition on referring the files of financial and security corruption to the competent authorities.”

Dave   referring the files of financial and security corruption to the competent authorities.”

Dave   not sure what that means

butterfly   Dave I guess we will have to wait bc they said nothing is going to be done with the government until February.

Dave   butterfly good that Sadr is Drawing a line in the Sand prior to Feb

Dave   also doubt Sadr will be a proponent of postpone and delay

Dave   Did find it odd that the Kurds congratulate Nouri on his nomination as leader of his party though

Dave   butterfly Find it interesting that the only folks moaning in Sadr wishing to form a majority GOVT are within Maliki and Shia blocs..........?

Dave   33 seats........

butterfly   It is all a toss up at this time in the game of politics in Iraq.

EYEGUY   Happy day to all

butterfly   EYEGUY hey there. Good articles above.

EYEGUY   so I hope a new day means we are 1 day closer .....I`m still alive

EYEGUY   butterfly I will read above to get the most up to date reporting by the best of the best reporters

EYEGUY   well the way the world is been turning it only stands to reason ( good way to cope )

butterfly   US to hand over two stolen artefacts to Iraq

One clay piece is from the ancient city of Ur, while the other is from Babylon Jan 18, 2022 ............... Iraq will receive two stolen artefacts dating back more than 4,000 years from US authorities this week, its foreign ministry announced on Tuesday.

The pieces are made of clay with cuneiform writing. One is from the ancient city of Ur, while the other is from Babylon, the ministry’s spokesman Ahmed Al Sahaf said.

An official ceremony will be held at the Iraqi Consulate in Los Angeles on Thursday to mark the occasion, Mr Al Sahaf added.

He didn’t provide more details about the pieces or how they reached the US.

Ur and Babylon were major cities in ancient Mesopotamia, south of Baghdad.

butterfly   The Bible mentions Ur as the birthplace of Prophet Abraham, where wealthy empires flourished. Babylon, meanwhile, was famous for its hanging gardens.

The antiquities will be the latest items Iraq has received from the US and other countries in its long-running struggle to retrieve its stolen cultural trove.

Last year, Iraqis welcomed more than 17,000 ancient artefacts retrieved mainly from the US. The priceless relics, dating back as far as 4,000 years, were looted from Iraq and smuggled onto the black market, mainly after the Gulf War in the 1990s.

Among them was a rare antique clay tablet that bears a portion of the Epic of Gilgamesh, the oldest known surviving piece of literature.

butterfly   The 127mm by 152mm fragment, which dates back 3,500 to 4,000 years, is known as the Dream Tablet and is written in the Sumerian language. In the epic poem, the hero describes a dream to his mother, predicting the arrival of a new friend.

Many of the objects taken from Iraq were seized from the Oklahoma-based Hobby Lobby. The chain of arts and crafts shops was forced by the US government to relinquish artefacts in 2017 and fined $3 million for failing to act on expert advice that the objects may have been looted or to declare their provenance to the authorities.

Iraq’s archaeological sites have all been badly affected by decades of war, a lack of security and mismanagement.

After the 1991 Gulf War, when a US-led coalition drove Saddam Hussein’s army out from Kuwait, illegal digging was widespread as the former dictator started to lose control of the country. Some of Saddam’s close circle officials were involved in artefact smuggling.

When the US led another coalition to topple Saddam’s regime in 2003, Iraqi artefacts suffered a major blow.

Looters burst into the Iraqi National Museum the day after Baghdad fell to US troops in April, making off with scores of priceless artefacts and leaving the floor littered with shattered pottery.

The US was widely criticised at the time for failing to protect the site. Only a few items were saved. https://www.thenationalnews.com/mena/iraq/2022/01/18/us-to-hand-over-two-stolen-artefacts-to-iraq/

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Zig’s Place Chatroom News Tuesday AM 1-18-22

Zig’s Place Chatroom News Tuesday AM 1-18-22

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

Butterfly   The Framework Pledges To Restore The Price Of The Dollar To Its Previous Era “As Soon As Possible”

Economic Last Update 01/18/2022 | 11:44 AM   The representative of the State of Law coalition, Muhammad Hassan Al-Qadri Al-Shammari, confirmed, on Tuesday, that restoring the dollar exchange rate to its previous price is a basic requirement, noting that the forces of the coordination framework will work to restore it as soon as possible.

Al-Shammari said in a statement to "Al-Maalouma", that "the current parliament is able to return the exchange rate of the dollar to its previous price, which is a popular demand in the first place," noting that "the exchange rate has harmed a large segment of the people and cannot continue for a longer period."

He added that "the framework will work to pressure the competent authorities to return it to its previous price," noting that "one of our priorities as deputies is to work on restoring the exchange rate of the dollar against the Iraqi dinar in the service of our people."

And the representative of the State of Law coalition, Firas Al-Maslmawi, confirmed in a previous statement that his coalition and other representatives within the same direction will not allow the budget to be passed for the current year except after a reduction in the exchange rate of the dollar against the Iraqi dinar. https://almaalomah.me/2022/01/18/577221/

butterfly   Excitement.....are you excited yet?

Zig   butterfly : No...lol...    don’t count your chickens before they :Hatch:

Butterfly   Zig I've already counted....lol....

butterfly   Their news is always late to what is known out there.

butterfly   Economist: The Financial Recovery Gives The Government An Opportunity To Develop Services And Eliminate Unemployment

Economic  Last Update 01/18/2022 | 8:44 AM

The economic expert Wissam Al-Tamimi confirmed that Iraq is experiencing an unprecedented financial recovery after the significant rise in oil prices, pointing out that the government has a great opportunity to develop infrastructure, solve the service crisis and eliminate unemployment.

Al-Tamimi said to (Information), that "the central bank has exceeded its reserves of 60 billion dollars, in addition to the fact that oil recorded great numbers after exceeding the threshold of 85 dollars per barrel, and it is likely to reach the 100 in the coming days."

He added that "Iraq is experiencing a financial recovery at a time when it was able to pay off Kuwait's debts, and the rise in oil prices globally, as well as the Iraqi government's raising of the dollar exchange rate in the markets."

And he indicated that "the next government is in front of an opportunity that should be invested, as it is possible to exploit the financial abundance in developing infrastructure and creating new residential areas to eliminate the housing crisis, and set a specific price for real estate, in addition to that projects to build roads and infrastructure will create thousands of job opportunities for various disciplines." https://almaalomah.me/2022/01/18/577183/

butterfly   Zig He added that "Iraq is experiencing a financial recovery at a time when it was able to pay off Kuwait's debts, and the rise in oil prices globally, as well as the Iraqi government's raising of the dollar exchange rate in the markets."

Zig   butterfly    :Thankyou: ....We wait    :Waiting:

butterfly   CBI sells +215 million dollars in Tuesday's currency auction 2022-01-18 06:14

Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $215 million in foreign currency today, Tuesday.

Shafaq News Agency correspondent said that the CBI sales of foreign currency in today's auction amounted to 215,547,015, 2.68% above yesterday's $212,729,735. The transactions were made at a weighted average of 1460 dinars to every dollar.

Our correspondent explained that 19 banks and 199 exchange companies cashed out $52.18 million, while the remaining $163,367,015 went to boost funds abroad in the form of credit and non-cash transactions, with 28 banks meeting those requests. https://www.shafaq.com/en/Economy/CBI-sells-215-million-dollars-in-Tuesday-s-currency-auction

Butterfly   Al-Abadi is out of the political calculations as a candidate to head the next Iraqi government

2022-01-18 07:40   Al-Abadi is out of the political calculations as a candidate to head the next Iraqi governmentShafaq News/ A source in the Sadrist movement led by Muqtada al-Sadr revealed, on Tuesday, that the head of the “Victory” coalition Haider al-Abadi has become outside the accounts of the political blocs as a candidate for the position of prime minister of the next Iraqi government.

The source told Shafaq News Agency, “The number of candidates for the position of Prime Minister does not exceed the fingers of a hand,” without mentioning their names.

He added that “Al-Sadr is the first and last decision-maker in choosing the person he deems appropriate to head the next government according to the perspective of the national majority,” apparently in reference to Al-Sadr’s refusal to nominate Al-Abadi for the position of prime minister of the new federal government.

Haider al-Abadi, former Prime Minister of Iraq, and one of the leaders of the coordination framework that includes Shiite political forces opposed to the results of the legislative elections that took place last year.

A source in the coordination framework had previously told Shafaq News Agency, that the framework had tried to push both Haider al-Abadi or Muhammad Tawfiq Allawi as settlement candidates, in front of a mini-list with al-Sadr that included Mustafa al-Kazemi with Sadrist figures.

The head of the Al-Fateh Alliance had made a quick visit to Erbil yesterday, Monday, during which he met with the Kurdish leader Massoud Barzani, the President of Kurdistan Region, Nechirvan Barzani, and the President of the Regional Government, Masrour Barzani.

butterfly   Al-Amiri had proposed, during his meetings in Erbil, the name of Haider al-Abadi, a compromise candidate for prime minister, but this was met with the rejection of leader Massoud Barzani, according to another source.

The framework is trying to persuade al-Sadr to form a “settlement government” in the event that entry into a unified Shiite bloc comprising all parties fails, and this proposal enjoys the support of specific Iranian parties.

However, the private discussions between al-Sadr and the coordination framework did not reach a specific agreement, in addition to al-Sadr’s rejection of the framework’s attempts to include Nuri al-Maliki in the new government synthesis.

The dispute raged between the two Shiite poles represented by the Sadrist movement, which won the highest votes in the elections that took place on the tenth of October last year, and the coordination framework that includes blocs that expressed their rejection of the election results.

The leader of the Sadrist movement, Muqtada al-Sadr, insists on forming a majority government that excludes figures from the coordination framework who played an active role in the political process over the past years.

butterfly   On the tenth of last October, Iraq held early legislative elections to get out of a political crisis that swept the country after large demonstrations in the central and southern regions in 2019 in protest against the widespread unemployment in society, the spread of financial and administrative corruption in government departments and institutions, and the deteriorating reality The service and the livelihood, which prompted the former prime minister, Adel Abdul-Mahdi, to resign under popular pressure.

As soon as the preliminary results of the recent elections were announced, the voices of political forces and actors rose in their rejection of losing many seats, accusing them of major fraud in the ballot, which was denied by the executive and judicial authorities, at a time when the United Nations and international organizations praised the integrity of the electoral process.   shafaq.com

butterfly   The coordination framework clarifies the fact that he agreed with the Sadrist movement regarding the position of prime minister

2022-01-18   The coordination framework clarifies the fact that he agreed with the Sadrist movement regarding the position of prime ministerToday, Tuesday, the coordination framework clarified the fact that there was an agreement between it and the Sadrist movement regarding the position of prime minister.

Member of the framework, Rasoul Radi, said in a press interview, “All the names put forward regarding the prime minister’s post are not official and are based on leaks and sources far from reality.”

Radi added, “There are negotiations about the position and tours between the political forces to northern Iraq, in addition to the presence of interventions by the Iranian side to unify the framework with the current.”

A member of the coordinating framework confirmed, “There is an opinion that some names should be submitted from the Sadrist movement, and that the framework has the right to refuse or approve.”

burathanews.com

butterfly   Iraqi Dinar/US Dollar auction results for Tuesday 1-18-2022 executed today 1-17-2022

United States DollarThe results of the foreign currency sale window on Tuesday 18/2022 and implemented today   Advertisement No. (4569)  

Sale date – Tuesday 18/2022 and executed today   the details   Amount

Total sales for the purposes of strengthening balances abroad (remittances, credits)  163,367,015

Total cash sale  52,180,000    total total sales  215,547,015

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/1196

Dave   A political source told Shafaq News Agency that Qaani held in the house of Haider al-Abadi intensive discussions with the heads of the Coordination Framework and in the presence of leaders of the armed Shiite factions then immediately headed to Al-Hanana to meet al-Sadr.

A source in Al-Sadr’s office told our Agency, “Qaani came to Al-Sadr to find a solution to the Shiite-Shiite differences and reunifying the Shiite house according to the political agreements since 2003, but Al-Sadr rejected the scenario of forming a consensus government.”

He added that “Qaani failed to change al-Sadr’s position on some leaders of the Framework, specifically on the leader of the state of law Nouri al-Maliki, in addition on referring the files of financial and security corruption to the competent authorities.”

Dave   referring the files of financial and security corruption to the competent authorities.”

Dave   not sure what that means

butterfly   Dave I guess we will have to wait bc they said nothing is going to be done with the government until February.

Dave   butterfly good that Sadr is Drawing a line in the Sand prior to Feb

Dave   also doubt Sadr will be a proponent of postpone and delay

Dave   Did find it odd that the Kurds congratulate Nouri on his nomination as leader of his party though

Dave   butterfly Find it interesting that the only folks moaning in Sadr wishing to form a majority GOVT are within Maliki and Shia blocs..........?

Dave   33 seats........

butterfly   It is all a toss up at this time in the game of politics in Iraq.

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Zig’s Place Chatroom News Monday PM 1-17-22

Zig’s Place Chatroom News Monday PM 1-17-22

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

Butterfly   I see, maybe not others, things are "good" happening for Iraq and for all of us.

butterfly   I will post two articles that I find very uplifting and promising for Iraq.

butterfly   Iraq Achieves An Abundance Of Honey Production And Intends To Export It Abroad

Economic Last Update 01/17/2022 | 10:42 AM

The Ministry of Agriculture announced, on Monday, its intention to export Iraqi honey to international markets, after achieving a great abundance in production compared to previous years.

The ministry’s spokesman, Hamid Al-Nayef, said in a statement that the ministry had prepared a plan to export honey to global markets, especially that the annual local production of honey increased for this year compared to last year, reaching about 670 tons, produced in all governorates. country.”

Al-Nayef added, "Self-sufficiency has been achieved by producing it locally," noting that "Iraqi honey is one of the finest types of honey in the world." https://almaalomah.me/2022/01/17/576974/

butterfly   For The First Time In The Medical History Of Iraq.. Al-Hussainiya Shrine Begins Production Of Radioactive Material For Cancer

Economic Last Update 01/17/2022 | 10:08 AM

The “Warth International Foundation for Oncology” of the Imam Hussain Shrine revealed, on Monday, the start of next February to produce radioactive material through a “miniature reactor” that was established under the auspices of the “International Atomic Energy Organization.”

The head of the Oncology Department at the “Warth” Foundation, Fawaz Saad Al-Alloush, said in a statement reported by “Al-Sabah” newspaper and seen by “The Information”, that “the opening of the Foundation’s two linear accelerator (LINAC) devices in its laboratories in Karbala in the last quarter of 2021 represents an important milestone in the initiative The supreme religious authority aimed at renewing the nuclear medicine project and the nuclear applications laboratories in Iraq.”

Al-Allush added, "For the first time in Iraq's medical history, the Warith Foundation will manufacture (radioactive material) in its laboratories, specifically by next February, through the accelerator (small reactor) established under the (International Atomic Energy Organization)," noting that "the materials Radioactive material loses 30% of its therapeutic and radiological properties during transportation from its origin to Iraq, which made doctors and experts prefer to manufacture it in the institution with the direct support of the legitimate guardian of the Husseiniya shrine, Sheikh Abdul Mahdi al-Karbalai.

butterfly   He explained, "The introduction of the two PET-CT devices, which is the latest device for treating tumors in the world, constitutes a valuable opportunity for patients inside and outside Iraq and their families, and provides multidisciplinary treatment for cancer patients, from surgery to chemotherapy to radiotherapy."

He continued, "The device combines magnetic resonance with radiotherapy, which is the best in its technology that allows to see tumors accurately, as it combines imaging and directed radiotherapy to track the stages of stopping the spread of the tumor during treatment and directing the beam of radiation without side effects on the patient."

Al-Allush pointed out that “the device provides the ability to treat 45 types of tumors, which will support the efforts of doctors of all specialties by treating thousands of patients and open a new door of hope for them, by obtaining integrated treatment, including nuclear medicine, which deals with radioactive materials as medicines in one place. “. https://almaalomah.me/2022/01/17/576968/

butterfly   Here is another one. They are growing and it is hopeful for the citizens of Iraq and the "world":

butterfly   Najaf: Electricity Conditions Impeded An Offer From 4 International Companies To Build A Solar Power Plant  

Economic Last Update 01/17/2022 | 12:00 PM   The Chairman of the Najaf Investment Commission, Durgham Kiko, revealed, on Monday, that four companies submitted bids to build a solar power plant, while noting that they had encountered several difficult conditions set by the Ministry of Electricity.

Kiko said, in a statement reported by the newspaper "Al-Sabah" and seen by "The Information", that "four companies submitted their offers to build a solar power plant, but they collided with several difficult conditions set by the Ministry of Electricity, the most important of which are the approvals of the Ministry of Planning and Finance, and the most incapacitating of these conditions is their requirement that It sets the price of the electric units produced, which prompted those companies to withdraw, and no other company has yet come forward.

He added that "what is applicable in such projects is that the investor sets the unit prices according to the feasibility study prepared for the project, and therefore it is not subject to change according to the wishes," noting that "the authority continues to communicate with the Ministry of Electricity to know its conditions in the event that a new investor applies in this field."

The actual need of the Najaf Governorate of electricity is about 1500 megawatts during peak times, but it obtains only 575 megawatts, or less than half of its actual need, not to mention that 30 to 35 percent of it goes as waste due to overtaking on the network, which called To think at the level of individuals to invest in solar energy. https://almaalomah.me/2022/01/17/576993/

butterfly   We all have been focusing on the RV of the dinar, but we have to stand back and watch what they are trying to accomplish.

Butterfly   Peshmerga Announces Non-Payment Of Salaries To Unvaccinated Affiliates

Sweetened Last Update 01/17/2022 | 8:46 PM The Ministry of Peshmerga announced, on Monday, the issuance of a directive not to pay salaries to affiliates who are not vaccinated with the anti-Coronavirus vaccine.

And the ministry stated, in a statement received by "The Information", that "a directive has been issued not to pay salaries to affiliates who are not vaccinated with the anti-Coronavirus vaccine."

She added, "Every unvaccinated affiliate has a period of 3 days to receive the vaccine." https://almaalomah.me/2022/01/17/577161/

TWW   @sheila https://dinarrecaps.com/our-blog/tidbits-from-tnt-monday-morning-1-17-2022 Weekend UPDATE for January 15-16, 2022

It now appears that the Venezuelan Bolivar DID NOT make the first basket, but the HIGH % return will still be good for the second basket. Shop Wisely!!!!

This week looks very favorable for a possible RV, keep your head up!

Eyeguy1  maybe the Dinar will do something nice and we can all sail into sunset ....then we can log in with our tales of post RV adventures

Sheila   TWW read that tidbit. They keep flip flopping on bolivar.

Butterfly   Dave I posted an article this AM regarding Maliki that I thought you would like.

Dave   I ....DID Sadr figures he no longer requires the Dawa's......

butterfly  Oh good.

Dave   165 votes with out Maliki.......

butterfly   Wants to kick his a.. out on the street. lol

Dave   butterfly and his deputies

butterfly   yup so there is hope after all.

Dave   Maliki just may be getting ousted.....GREAT NEWS

Eyeguy1   is he holding the RV up kick *** out

Dave   Eyeguy1 NO he be the corruptors Poster BOY

Dave   Eyeguy1 SADR all over those corrupters from the Top Down

Dave   just maybe will work out this time.....maybe

butterfly   Dave yes and there are many articles on that.

butterfly   They are talking now to seat the government in February

Eyeguy1  so lets get that Rv button pushed

Dave   butterfly and most are now on the same page as Sadr

butterfly  Dave yes and lets keep our fingers crossed that he can clean up Iraq. I was impressed about the solar company. WOW that is from an OIL country.

Dave   their oil is also much sweeter   1/3 of oil goes towards plastics, fertilizers etc

Butterfly   Qa'ani fails to convince al-Sadr.. Coordination Framework considers offloading al-Maliki 2022-01-17 10:04   Shafaq News/ The Coordination Framework's anticipated meeting with the Sadrist movement is contingent upon the outcomes of Hadi al-Ameri's visit to the capital of the Kurdistan Region, Erbil, a source from inside the Shiite forces consortium said.

Another source told Shafaq News Agency that Esmail Qa'ani, the commander of the Quds Force-the elite clandestine wing of Iran's Islamic Revolutionary Guard Corps (IRGC), convened with the leader of the Sadrist movement, Muqtada al-Sadr, at the latter's headquarters in al-Hannana, North of Najaf.

The source said that al-Sadr was resolute about his rejection of the participation of Nouri al-Maliki, the head of the State of Law Coalition, in the next cabinet lineup.

"Qa'ani's is in a meeting with the Coordination Framework leaders at the residence of Haidar al-Abadi, the head of al-Nasr (Victory) alliance, to discuss al-Sadr's demands," the source said.

"The political formula will definitely change and the table will be turned upside-down if the anticipated meeting between the Sadrist movement and the Coordination Framework takes place and the two rivals agreed to reorganize the Shiite house together," another source stated.

butterfly   "The official in charge of Iranian-Iraqi file, Qa'ani, visiting Iraq currently demanded the Framework forces to be flexible and accept al-Sadr's proposals to achieve Iraq's ultimate interests even if it is not in favor of their personal and partisan interests."

" Qa'ani partially achieved the goal of his visit. He was able to break the impasse between the Sadrist movement's leader and the Coordination Framework. The Framework will hold a decisive strategic meeting upon the return of al-Ameri from Erbil, since the Shiite forces are committed to sustaining the strategic ties with its allies, the Kurds particularly."

"The proposed scenario is annexing the 33 MPs, bar their leader, with al-Fatah (Conquest) alliance. This means that the State of Law will not be present by its name if things go as planned. The MPs of the State of Law alliance will also have their share in the government," the source added, "this scenario is the first choice at the moment."

"The entire political formula might be changed, including the Parliament Presidium. The Sunni leaders might go back to square one and grapple for the Parliament Speaker's chair," the source continued, "the next few hours, until tomorrow, might be loaded with plot twists." https://shafaq.com/en/Iraq-News/Qa-ani-fails-to-convince-al-Sadr-Coordination-Framework-considers-offloading-al-Maliki

butterfly   " ... The source said that al-Sadr was resolute about his rejection of the participation of Nouri al-Maliki, the head of the State of Law Coalition, in the next cabinet lineup. ..."

Dave   like that term....resolute........

butterfly   YUP! He don't like Maliki LOL

butterfly   Maybe he knows more about Maliki than anyone else in Iraq.

Dave   butterfly should get Zig to invite some Iraqis here

butterfly   https://www.idolnetworth.com/nouri-al-maliki-net-worth-203956 72 billion..............while his citizens starve.

Dave   butterfly gone up 7 billion dollars since last time

butterfly   Muqtada al-Sadr is one of the richest Politician & listed on most popular Politician. According to our analysis, Wikipedia, Forbes & Business Insider, Muqtada al-Sadr net worth is approximately $1.5 Million.

butterfly   So tell me who is the richest

Zig   Dave : LOL....I once looked for Iraq chat rooms to do that but all I found were dating sites....lol

butterfly   https://allfamousbirthday.com/muqtada-al-sadr/

Dave   Burka weekly...?

butterfly   Zig Seck had personal contact with an Iraqi. I don't know if he still does.

Zig   butterfly : Maybe ask him?

butterfly  Zig I don't know if he is still with us.

butterfly   I know last conversation he was not well.

Dave   The political majority adopted by the “coordinating framework” blocs is the formation of a government with a Shiite majority, while al-Sadr adopts the formation of a national government, which is the partnership of all nationalities components of the Sunnis, Shiites and Kurds.

Dave   .......i like it.....

Eyeguy1   Malicki has cockroach DNA

butterfly  Eyeguy1 what do we do with roaches.............we stomp on them.

Dave   72 billion.......one smart roach

butterfly  YUP and I can see why sadr wants his a.. out of there.

Eyeguy1   lets STOMP STOMP

Dave  SADR wants USA gone.....Sorry...lol

butterfly  Dave slowly they are leaving. It seems the Iraqi military is learning how to defend their country. Not like Afghanistan....the military dropped their guns and took off their uniforms.

Dave   will take 165 IRAQI votes to do that Stompin

Eyeguy1   okay lets get stomping

Dave   165 my magic number

Eyeguy1   Sadr got to think we need to be there at least for awhile

Eyeguy1   what the afganistan military did was horrific …   now look how thier people are suffering

Dave   Their choice to run away..........Much the same with ISIS in Mosul

butterfly   The Iraq military are taking care of the ISIS....slowly, but they are getting their sorry a..es.

butterfly  They have also found a lot of the money that was stolen.

Dave   https://www.bing.com/videos/search?q=if+i+was+a+rich+man+fiddler+on+the+roof&view=detail&mid=058142BB143D09D9E579058142BB143D09D9E579&FORM=VIRE

Eyeguy1   the world it seems is more nuts than ever ...Putin does not like being out done on the world stage by N Korea,s Egg Foo Young .......while us Americans instead of fixing our environment are guzzling beer and watching the playoffs

Sparky   ... 2014 Mosul, Maliki drove all the weaptry there, then abandoned all, even undressing their uniforms ... the start of ISIS ...

Eyeguy1   did anyone see the new movie ...."Don`t Look up"

butterfly  Eyeguy1 It is well explained why that is happening. WE are at the bottom of the WORLD education.

Eyeguy1   I agee

butterfly   Sparky * I forgot all of that, thanks for bringing that here.

Sparky   butterfly ... yw ...

Dave   Eyeguy1 GO BUCS

Sparky   ... Maliki's wrath for his loss to PM Abadi ... at the time ...

Dave   Sparky ABADI gets another nomination.......GOOD Guys fer the Top job this time BAD dudes getting muted........

Dave   may get rich soon???????

Dave   CBI giving out interest FREE LOANS......just to get peeps to the banks

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