Zig’s Place Chatroom News Tuesday Afternoon 5-17-22

Zig’s Place Chatroom News Tuesday Afternoon 5-17-22

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

butterfly   Here's how much profit Big Oil raked in last quarter:

Shell: $9.1 billion    Chevron: $6.3 billion    BP: $6.2 billion    Exxon: $5.4 billion

They’re not raising prices to cover their costs—they’re raising prices to pad their profits.

butterfly   SULAIMANI — Crude oil prices were down on Tuesday (May 17) compared to the previous day.

The price of Brent crude was at $115.1 up from $109.2 the previous day, and the price of WTI crude was at $115.0 up from $108.4.

butterfly   2022-05-17 03:42 Shafaq News/ On Tuesday, the U.S. dollar (USD) exchange rates against the Iraqi dinar (IQD) settled in the markets of Baghdad.

Shafaq News Agency correspondent said that the Central al-Kifah and Al-Harthiya exchanges are trading the USD at 148050 IQD to 100.

Our correspondent said that the selling and buying rates of 100 USD in the local markets of the Iraqi capital rested at 148500 and 147500 IQD, respectively.

In the capital of the Kurdistan Region, Erbil, the selling and buying rates settled at 148300 and 148100 IQD to 100 USD.

butterfly   2022-05-17 02:18   Shafaq News/ Gold prices firmed on Tuesday, as a pullback in the dollar supported demand for greenback-priced bullion and countered pressure from a recovery in U.S. Treasury yields.

Spot gold was up 0.2% at $1,826.95 per ounce, by 0542 GMT. U.S. gold futures gained 0.6% to $1,824.40.

The dollar fought for a footing after falling from near 20-year highs while the tumbling Chinese yuan found a floor, as investors trimmed bets on whether U.S. interest rate hikes will drive further gains.

A weaker dollar makes gold more attractive for buyers holding other currencies.

However, benchmark U.S. 10-year Treasury yields climbed, limiting demand for zero-yield gold.

"Now that we have the much-needed clearout on gold markets, longer-term holders could start to position for the eventual southbound turn on the U.S. hard economic data," said Stephen Innes, managing partner at SPI Asset Management.

Bullion is seen as a safe haven during economic crises and a hedge against inflation.

Gold slid to a 3-1/2-month low on Monday, but reversed course later, tracking a fall in Treasury yields.

Spot gold may bounce more into a range of $1,840 to $1,849 per ounce, as the downtrend from the April 18 high of $1,998.10 may have reversed, Reuters' technical analyst Wang Tao said.

Spot silver edged up 0.1% to $21.61 per ounce, while platinum dropped 0.4% to $941.99, and palladium fell 0.9% to $2,007.69. 

"With China on the verge of reopening and likely adding more stimulus, it benefits all hard commodities. And palladium is ultimately used in industrial applications, particularly within the auto sector; that segment could benefit from ports reopening in China," Innes said.

Improving demand and lower supply will help palladium and rhodium swing back into deficit this year and reduce platinum's surplus, consultants Metals Focus said on Monday.   Source: Reuters

butterfly   2022-05-17 06:14 Shafaq News/ The Iraqi President, Barham Salih, said that Iraq supports international and regional cooperation to confront terrorism, economic challenges, and climate change.

On Tuesday, Saleh received the new ambassadors of Canada, Gregory Galligan, Iran, Muhammad Kazem Al Sadiq, and the Chinese ambassador separately.

While receiving the ambassadors, the Iraqi President said that Iraq's foreign policy is based on "establishing solid, balanced relations to strengthen political and economic cooperation, and overcome differences and tensions in the region through dialogue."

He expressed the necessity of "joint international and regional cooperation to confront the global challenges including combatting terrorism and extremism, addressing economic fluctuations and health crises, and confronting severe climate changes."

The new ambassadors hoped to develop relations with Iraq in various fields.

butterfly   The United Nations Security Council has removed Iraq's state-owned Al-Rasheed Bank [Al-Rashid Bank] from its Sanctions List.

The updated version of the Committee's Sanctions List, available in HTML, PDF and XML format, may be found here.

Authorities in the United Kingdom have also confirmed that the bank has been removed from the consolidated list and is no longer subject to an asset freeze. A list of all the UK's current asset-freeze targets can be found here.   (Sources: UNSC, HM Treasury)

butterfly   LONDON (AP) — Musk says deal to buy Twitter can’t go forward unless company can show that less than 5% of accounts are fake or spam.

butterfly   Republicans block bill to stop price gouging at the pump as gas hits new record high https://www.rawstory.com/republicans-block-bill-to-stop-price-gouging-at-the-pump-as-gas-hits-new-record-high/

Professor dinard   butterfly osha doesnt have the manpower to be everywhere. Usually companies insurance companies enforce osha safety to cover their ass. I violate osha every day in construction lol

butterfly   Minister of Industry and Minerals Manal Aziz Al-Khabbaz arrived this evening, Tuesday, to the Hashemite Kingdom of Jordan, at the head of a ministerial delegation to attend the general assembly session of the Iraqi-Jordanian Company for Industry.

A ministry statement said: "The Jordanian Minister of Industry, Trade and Supply Youssef Al-Shamali and the Iraqi ambassador to Amman received the minister."

The statement stated: "This visit comes within the framework of discussions with the Jordanian side regarding the latest developments of the joint economic city between the two countries."

butterfly   Zawya has reported that Chinese companies will build a major new "Science City" near the Iraqi city of Mosul.   It says the deal was finalised under a landmark oil-for-projects agreement signed in 2019.

The project involves the University of Alhamdaniya [Al-Hamdaniya], but the Chinese companies have not been named.   (Source: Zawya)

butterfly   2022-05-17 15:17   Shafaq News / The Special Representative of the Secretary-General for the United Nations Assistance Mission for Iraq, Jeanine Hennis-Plasschaert, that corrupt people in Sinjar hinder achieving any progress.

Plasschaert, said during her briefing to UNSC on the situation in Iraq, "the lack of clear-cut coordination and implementation mechanisms, the dominance of partisan interests, and the ongoing presence of spoilers significantly hamper meaningful progress. International observers have been deployed for less."

Violent skirmishes took place in Sinjar earlier this month, after YBS refused to exit the district in implementation of the Sinjar agreement.

On October 9, Baghdad and Erbil reached an agreement to normalize the situation in Sinjar, according to which the district will be jointly administrated.

ISIS invaded Sinjar district in 2014 and committed a massacre against its residents, before the Peshmerga forces regained it the following year.

However, the Iraqi army backed by Al-Hashd Al-Shaabi forces invaded the region due to the tension between Erbil and Baghdad against the independence referendum held in 2017.

There are currently two local governments for Sinjar, one of which was appointed by the federal government authorities, and the second is the elected government, which is running its business from Duhok governorate.

The PKK reject repeated calls from the Kurdistan Region to leave its territory, which gets subjected to Turkish attacks that impede the return of tens of thousands of displaced Yazidis to their homes.

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Zig’s Place Chatroom News Monday Evening 5-16-22

Zig’s Place Chatroom News Monday Evening 5-16-22

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

Dave   The leader of the Sadrist movement in a strict tone: We will not ally with the blocking third.... Baghdad / Obelisk: The leader of the Sadrist movement, Muqtada al-Sadr, confirmed on Monday, May 16, 2022, that he will not allow a return to square one.

Al-Sadr said in a statement received by the obelisk, “The Iraqi people suffer from poverty and we will not allow it to return to square one.”   Talking to the coordinating framework, he added, “What excuse do you make for disrupting the people’s summit?”

Al-Sadr added in his speech that “the people are boiling, and for how long will corruption remain?”  obelisk LINK

Dave   Sadr will may call for protests......... (fingers crossed)

Dave   Trying to recollect Our national News Headlines from the last week.........got nodda.....

Dave  FREE DENTAL fer ALL......best i can come up with.?

Dave   no excitement here i guess

Butterfly   For some reason this website won't let me copy anything, only the URL:   LINK It is in regards to present the budget for 2022 LINK

Dave   butterfly they have never passed a budget bill

Dave   always suppllemental

butterfly  Dave LOL craziness in the world

Dave   pretty boring here

butterfly   For the first time in 30 years, a woman has been appointed as prime minister in France    Monday 16 May 2022 21:57 https://www.ninanews.com/Website/News/Details?key=976566

butterfly   I would take boring over craziness.

Dave   thought Macron won 2 weeks ago

butterfly   appointed not elected

butterfly   French President Emmanuel Macron has chosen Labor Minister Elizabeth Borne as Prime Minister to be the first woman to head a French government in 30 years, the Elysee Palace announced in a statement.

Butterfly   Dave it helps to read the article lol

Dave   President and PMs

Dave  PM

butterfly    Macron was re-elected for a second term on April 24, and the president hopes to retain an absolute majority in the National Assembly following legislative elections scheduled for June 12-19.

Dave   I really just let my Wife think she is the boss......

butterfly   If it ain't for the covid it is the dust storms: 2022-05-16 15:49

Shafaq News / On Monday, more than 110 people were transferred to hospitals due to the dust storm that chocked several Iraqi regions.

Chamchamal Health Department said that more than 30 people, including children, were taken to hospitals. Some of them were in critical conditions and suffered from shortness of breath.

Al-Sulaymaniyah Health also reported that 70 cases of suffocation were recorded during the past hours, while the Garmyan administration recorded 10 cases.

Many Iraqi governorates were shrouded in thick brown dust due to strong winds.

Today, Basra, Baghdad, Al-Sulaymaniyah, and Najaf airports suspended flights due to severe dust storms.

The meteorologist Sadeq Attia said on Facebook that "the dust storm would continue until Tuesday noon, in the cities of the south and east of the country," also expecting that "it will be worse tomorrow morning."

A dust storm, also called a sandstorm, is a meteorological phenomenon common in arid and semi-arid regions. Dust storms arise when a gust front or other strong wind blows loose sand and dirt from a dry surface.

Butterfly   2022-05-16 11:16   Shafaq News/ Iraq's Minister of Oil, Ihsan Abdul-Jabbar Ismail, on Monday said that his country is ramping up its production capacity goals, targeting six million barrels per day (bpd) in 2027 and eight million bpd in 2029.

"The Ministry is expediting the optimal plans and projects to invest the associated and non-associated gas in order to bolster the energy sector, curtail the reliance on fossil fuel, conserve the environment, and reduce harmful gas emissions," he said before the 29th Middle East Petroleum and Gas Conference in Manama, Bahrain's capital city.

The Ministry affirmed that Iraq "is committed to the stability of the international oil market via the cooperation with the country members in OPEC+ to face the challenges facing the market, restore its balance, and retain the gains it achieved recently."

OPEC+, which achieved a historic reduction of 9.7 million barrels per day between May 2020 and July last year, is unwinding cuts due to improving demand. It was adding about 400,000 bpd to the market every month and increased that to 432,000 bpd for May and June.

Brent, the global benchmark for two thirds of the world's oil, was trading 1.6 per cent lower at $109.76 a barrel at 12.53pm UAE time on Monday, while West Texas Intermediate, the gauge that tracks US crude, was down 1.percentent to $109.01 a barrel.

butterfly   Be prepared for high gas prices. OPEC hasn't made enough billions, they want to make trillions.

Dave   Iraq yes RICH.......GOVT morally poor

Dave   SADR still after the corruption....aint backing down

butterfly   As OPEC said a few weeks ago, they will raise the prices, not lower them. So those that think "any" president controls the gas price, need to re-study what is actually happening in the world/USA.

butterfly   Dave good hope he is successful, but we may be dead by the time that happens.

butterfly   I have been reading where Iraq is going after ISIS and taking out a lot of them.

butterfly  Look at Russia, those people think everything is ok under a dictatorship bc they don't know what freedom is.

Dave   Nodda happening in Iraq until Maliki is in chains

Dave   butterfly doing better than being Soviet

Dave   No more MacDonalds in Russia though.......

butterfly   Every news channel is told what they can report. Funny thing is they broadcast Tucker Carlson's show---portions of it. Then they just broadcasted Rand Paul, the only one objected, to sending those extra billions to Ukraine.

Butterfly   Here's how much profit Big Oil raked in last quarter:

Shell: $9.1 billion   Chevron: $6.3 billion   BP: $6.2 billion   Exxon: $5.4 billion

They’re not raising prices to cover their costs—they’re raising prices to pad their profits.

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Zig’s Place Chatroom News Monday Morning 5-16-22

Zig’s Place Chatroom News Monday Morning 5-16-22

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

Butterfly   SULAIMANI — The US dollar to Iraqi dinar exchange rates were stable in the Kurdistan Region’s markets on Monday (May 16).    $100 was at 148,400 Iraqi dinars.

100 British pounds was at 179,000 Iraqi dinars, and 100 euros was at 156,500 IQD.

butterfly   SULAIMANI — Crude oil prices were down on Monday (May 16) compared to the previous day.

The price of Brent crude was at $109.2 down from $111.5 the previous day, and the price of WTI crude was at $108.4 down from $110.5.

butterfly   2022-05-16 07:30   Shafaq News/ The Iraq Stock Exchange (ISX) traded equities valued at more than 43 last week.

A report of the market obtained by Shafaq News agency said, "56 publicly traded companies cast out of 103 enlisted companies. The equities of 33 companies were not put into trade due to supply-demand disparities. fifteen companies were delisted by the Iraqi Securities Commission for violating the disclosure regulations."

"52.617.735.000 equities were traded this session at a value of 43.867.396.000 dinars via 3410 transactions. ISX60 index closed at 583.47," the report added.

It is noteworthy that Iraq Stock Exchange installed Central Depository and Electronic Trading Systems in 2009. It organizes five weekly sessions and lists 103 public companies from different economic sectors.

butterfly   2022-05-16 06:26   Shafaq News/ The leader of the Sadrist movement, Muqtada al-Sadr, lashed out at the Iraqi judiciary for backing the "disgraceful deeds" of what he called the "blocking one-third", hinting that he might pull out the streets card.

In a public speech he delivered earlier today, al-Sadr said, "the people are suffering from poverty...the audacity has reached a point that laws that might benefit the people are annulled shamelessly," in reference to the revocation of the emergency food security bill.

"They are aiming at the people. They want them to kneel. It is more surprising that the judiciary, knowingly or not, are aiding the shameless acts of the blocking one-third."

"Authority has blinded them from the burden, fear, poverty, loss, militias, external reliance, fear of normalization, and diseases."

Al-Sadr warned of the public protests that might erupt. "You may not be safe from the roar of wronged people."

Yesterday, Sunday, the maverick Shiite cleric announced a temporary shift to the opposition after the Iraqi political forces, including the Sadrist movement, failed to form a government.

Al-Sadr said in a statement, "I am honored that the lawmakers affiliated with me are the biggest bloc in the history of Iraq. I am honored I successfully formed the largest trans-quota bloc. I am honored I depended upon myself, not external parties. I am honored I did not have to resort to Judiciary to sustain the needs of the people and form the government. However, because of the internal and external squawking on myself and the notion of 'national majority government', we were not able to make it. It is an entitlement of the Independent forces."

"The parties that pretend to be independent did not support us. Therefore, we have only one choice left: moving to opposition for thirty days," he said.

"If the parties and political blocs, including those we allied with them, it would be great. If not, we will have another decision we announce later."

butterfly   2022-05-16 02:13  Shafaq News / Gold prices edged down in choppy trading on Monday as a strong dollar hurt demand for the greenback-priced metal and set it on course for a more than three-month trough hit in the previous session.

However, a fall in benchmark U.S. 10-year Treasury yields limited losses in zero-yield gold, helping keep prices above the key psychological support level of around $1,800 per ounce.

Spot gold was down 0.1% at $1,808.61 per ounce, as of 0539 GMT. U.S. gold futures dipped 0.2% to $1,804.80.

Marking a fourth straight weekly decline, gold prices on Friday fell more than 1% to $1,798.86 per ounce, before closing at $1,811.15.

Concerns around global growth helped the dollar start the week just off a 20-year high against its peers, making rival safe-haven gold less attractive for buyers holding other currencies.   (Reuters)

butterfly   2022-05-16 06:27   Shafaq News / The office of Nouri al-Maliki, the head of the State of Law Coalition, announced that the Coordination Framework (CF) and its allies will hold an emergency meeting to discuss the recent statements of Muqtada al-Sadr, the head of the Sadrist movement.

Al-Maliki's Secretary, Hisham al-Rikabi, said that the meeting will be held today evening, at former Prime Minister Haidar al-Abadi's office, noting that CF will announce a clear position on the latest political developments.

The CF will definitely hold more talks with political parties to put an end to the political impasse, al-Rikabi added.

The leader of the Sadrist movement, Muqtada al-Sadr, lashed out at the Iraqi judiciary for backing the "disgraceful deeds" of what he called the "blocking one-third", hinting that he might pull out the streets card.

In a public speech he delivered earlier today, al-Sadr said, "the people are suffering from poverty...the audacity has reached a point that laws that might benefit the people are annulled shamelessly," in reference to the revocation of the emergency food security bill.

"They are aiming at the people. They want them to kneel. It is more surprising that the judiciary, knowingly or not, are aiding the shameless acts of the blocking one-third."

"Authority has blinded them from the burden, fear, poverty, loss, militias, external reliance, fear of normalization, and diseases."

Al-Sadr warned of the public protests that might erupt. "You may not be safe from the roar of wronged people."

Yesterday, Sunday, the maverick Shiite cleric announced a temporary shift to the opposition after the Iraqi political forces, including the Sadrist movement, failed to form a government.

butterfly   Al-Sadr said in a statement, "I am honored that the lawmakers affiliated with me are the biggest bloc in the history of Iraq. I am honored I successfully formed the largest trans-quota bloc. I am honored I depended upon myself, not external parties. I am honored I did not have to resort to Judiciary to sustain the needs of the people and form the government. However, because of the internal and external squawking on myself and the notion of 'national majority government', we were not able to make it. It is an entitlement of the Independent forces."

“The parties that pretend to be independent did not support us. Therefore, we have only one choice left: moving to opposition for thirty days," he said.

"If the parties and political blocs, including those we allied with them, it would be great. If not, we will have another decision we announce later."

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Zig’s Place Chatroom News Sunday Evening 5-15-22

Zig’s Place Chatroom News Sunday Evening 5-15-22

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

NORV   Where is my buddy Dave?  Got a new article for ya...appears they are fighting between floating and a LOP. lol

NORV   The Iraqi Journal of Economic Sciences publishes an article on the Iraqi dinar between the polemics of flotation and devaluation

Mustansiriyah University   2022/05/15 12:10:01   The Iraqi Journal of Economics, issued by the College of Administration and Economics - Al-Mustansiriya University, published in its seventy-first issue for the month of December in 2021 an article under the title (A case and opinion / the Iraqi dinar between the polemics of floating and reduction) by Dr. Mazhar Muhammad Salih / Adviser to the Prime Minister for Financial and Economic Affairs.

The article indicates that despite the monetary policy of the Central Bank of Iraq following the shock method in adjusting the value of the Iraqi dinar with the procedures of December 19, 2020, but the reduction in the dinar exchange rate at a rate of 20% was identical to the deficit in the current account of the Iraqi balance of payments relative to the GDP The total, which was estimated at about (negative 20%) for the year 2020.

The debate remained among some economists about the importance of the Central Bank of Iraq resorting to the floating currency philosophy as a prelude to gradual adjustment instead of adopting the method of shock and surprise to the market with a low, alternative external value of the Iraqi dinar overnight. Overnight!).

Floating the currency exchange rate in essence means adopting an exchange system according to which the external value of the national currency is determined according to the forces of supply and demand in the exchange market. This comes in contrast to the fixed exchange system, in which the monetary authority or the central bank determines the value of the dinar against foreign currency in advance and according to the rules of its monetary policy.

NORV   In spite of the foregoing, and in order to explain the importance of the policy of (floating the Iraqi dinar and adopting an equilibrium rate in the exchange market instead of (devaluation) according to the (shock) method that occurred in the value of the Iraqi dinar at the end of 2020, we must state in this regard the following:

First: In our economy of a unilateral rentier (sovereign) nature, the Central Bank of Iraq (the central market) is the monopoly in providing sources of foreign currency supply through open market operations.

Second: In the developing (non-rentier) economies that are diversified in the sources of supply of their foreign currency and their trade openness to import and export through free market forces.

But the question remains about the importance of the flotation, whether the Iraqi market cannot correct the exchange rates in the flotation when the central bank raises its hand as a central market so that the forces of demand appear in a market in which supply falters without continuous and intensive intervention that meets the demand for foreign currency without the intervention of the monetary authority. itself. https://uomustansiriyah.edu.iq/web_article.php?post_id=5799_221&lang=ar

NORV   "The debate remained among some economists about the importance of the Central Bank of Iraq resorting to the floating currency philosophy as a prelude to gradual adjustment instead of adopting the method of shock and surprise to the market with a low, alternative external value of the Iraqi dinar overnight. Overnight!)."

NORV   Pretty clear..."resorting to the floating currency philosophy as a prelude to gradual adjustment instead of adopting the method of shock and surprise to the market with a low, alternative external value"

NORV   :Floating:

Dave   LOP...????? Read "Shock and AWE"......... NORV

Dave   oops .....Surprise and not AWE..... NORV Was that free float or managed float......?

Dave   Have heard Nodda from CBI about CBI going global yet.....

Dave   have heard same banter about this now for over 12 yrs.........still nowhere.

Zig   to Zig's Place which was opened in August, 2020...I opened it primarily to discuss the Iraqi Dinar and other currency speculations...However, you may discuss other topics as well, including politics & religion....many topics can be discussed simultaneously...If you decide to become a member I only ask that you treat others here the way that you wish to be treated....Please try to keep your disagreements friendly...

butterfly   The Supreme Judicial Council takes several decisions related to installing judges and combating drugs

Sunday 15 May 2022 19:41 ..... Baghdad / NINA / - The Supreme Judicial Council has taken several decisions related to installing judges and combating drugs.

A statement by the Supreme Judicial Center stated that the Council held its fifth session headed by the President of the Supreme Judicial Council and the President of the Federal Court of Cassation, Judge Dr. Faiq Zaidan, during which the unanimous vote was taken on the text of the draft amendment of some articles of the Judicial Organization Law No. (160) for the year 1979 that had previously been discussed in the previous sessions.

The council approved the promotion of a number of judges and members of the public prosecution and the assignment of some according to work requirements.

The Council decided to confirm the graduates of the Judicial Institute session (41) due to the expiry of the probationary year in which the judges worked and their eligibility for confirmation.

The Minister of Health and the Supreme National Authority for Narcotics and Psychotropic Substances were hosted, and the best ways to expedite the destruction of narcotic substances and bypassing routine obstacles that prevented this were discussed, and the Council approved the appropriate measures to address these problems.

butterfly   Agricultural Bank: The loans of the Central Bank of Iraq included ten agricultural purposes

Sunday 15 May 2022 19:18 .... The Cooperative Agricultural Bank confirmed today, Sunday, that the initiative of the Central Bank of Iraq in its agricultural axis included about ten agricultural purposes.

The media office of the bank stated in a statement, that the agricultural projects targeted in the initiative of the Central Bank of Iraq included projects (establishing poultry fields - feed factories - operating poultry fields - constructing, rehabilitating and operating hatcheries - raising imported Holstein, Friesian milk cows - purchasing harvesters and agricultural mechanization - pumps Solar-powered water-modern irrigation systems-construction of air-conditioned greenhouses-construction of palm groves in desert lands).

He added, that there are other projects that will be determined later by the higher committee supervising the initiative.

butterfly   2022-05-15 14:24   Shafaq News / The Parliamentary financial commitee said today, Sunday, that there is no solution to the current crisis but forming a new government.

Member of the committee, Mustafa Sanad, told Shafaq News agency that there is no solution to the crisis that resulted in from the Federal Supreme Court's decision to annul the food security bill, since the latter banned the Parliament from submitting any new bills, especially the ones that require funding.

He added that just as the food security bill was challenged, the budget bill and any proposed law will be challenged too, stressing that the only solution to the crisis is forming a new government capable of submitting bills to the Council of Representatives.

Sanad noted that the caretaker government cannot legislate laws, according to FSC's decisions, pointing out that annulling the food security bill will force the political parties to solve the impasse.

Earlier on Sunday, Iraq's Federal Supreme Court dealt a blow to the emergency bill on food security and development.

Documents obtained by Shafaq News Agency showed that the court issued a decree to annul the controversial bill after a lawsuit filed by lawmaker Bassem Khashan.

butterfly   2022-05-15 11:14  Shafaq News/ The U.S. dollar (USD) exchange transactions against the Iraqi dinar (IQD) closed at a lower rate in the markets of the Iraqi capital, Baghdad, today, Sunday.

Shafaq News Agency correspondent said that the USD closed at a rate of 148100 IQD to 100 in al-Kifah and al-Harithiya Central Exchanges, 100 IQD below the opening rate this morning.

The selling and buying rates of the USD in Baghdad's local markets stood at 148500 and 147500 IQD for 100 USD, respectively.

butterfly   SULAIMANI — The leader of the Sadrist Movement, Muqtada al-Sadr, said on Sunday (May 15) his party has no choice but to temporarily join the opposition for at least 30 days.

Sadr explained he had failed in his efforts to form a national government due to increased pressure from both inside and outside of the movement.

He stated the party would make a new decision if the government could not be formed within one month.

Sadr announced he was "honored” to not resort to the courts in order to form a new government and stated he was "honored to have the largest parliamentary bloc in the history of Iraq.”

"We have an option left that we must try, which is going to the national opposition for a period of no less than thirty days,” he said.

Sadr gave the Coordination Framework, a loose coalition of Shia parties which has opposed the Sadrist Movement in parliament, a period of 40 days beginning on March 31 to reach an agreement with other parties on forming a new government.

The period for parliament to elect a new president of the republic passed in early April, following delays parliament sessions that MPs refused to attended, leading to a lack of quorum necessary to hold the sessions.

butterfly   SULAIMANI — The Kurdistan Regional Government (KRG) representative in Baghdad told NRT on Sunday (May 15) the sum of 200 billion Iraqi dinars (IQD) has been transferred from Baghdad to Erbil.

The representative, Faris Issa, said the funds are now in the KRG Ministry of Finance’s bank accounts.

Two sources from the KRG Council of Ministers and the finance ministry told NRT previously that there was no official word on whether the 200 billion IQD would be sent.

The KRG began to receive a monthly stipend of 200 billion IQD per month in July 2021 under an agreement with Iraqi Prime Minister Mustafa al-Kadhimi.

Despite the value of a barrel of oil exceeding $100 a month, the government still faces delays in distributing salaries.

University teachers and employees in Sulaimani and Halabja have been protesting for more than a week demanding their March salaries from the KRG.

Sheila   good evening all... hope everyone had good weekend

TWW   sheila Exclint wk ed

sheila   TWW good onya. grateful to be here. praying this is the week for freedom, financial prosperity for all of us.   TWW Believe we all need to see some linchpin events.

TWW   sheila this my 6th or 9yrth yr

Sheila   @TWW Which is first, IYHO? RV then political changes -- or -- political changes then RV?

Sheila   TWW 6th or 9th year for what exactly?

TWW   new linch pin, Viet Nam Dong

Sheila   @TWW Bought first dinar in January 2010.

Sheila   TWW Dong would be excellent.

TWW   sheila IMOHO, RV then political changes

TWW  2010, I was stock piling Silver

Sheila   TWW I know that's right! lol lol

Sandyf   @Zig sheila : I know some people that bought around 2003 - The currency was introduced late 2003 and within 6 months there were MLMs pushing it as the next great money maker. A bit naive on MLM I got scammed into joining one in 2004, disappeared a couple of years later.

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Zig’s Place Chatroom News Early Sunday 5-15-22

Zig’s Place Chatroom News Early Sunday  5-15-22

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

Butterfly   SULAIMANI — Crude oil prices were up on Sunday (May 15) compared to the previous day.

The price of Brent crude was at $111.5, and the price of WTI crude was at $110.5.

butterfly   SULAIMANI — Iraq’s representative in OPEC said on Saturday (May 14) the international oil organization has agreed to the country increasing its oil output to 4.5 million barrels per day (bpd) starting this summer, Iraqi News Agency (INA) said.

Muhammad Saadoun, the Iraqi representative, said there will be an increase of 50,000 barrels a month during the period of July, August and September, bringing the country to the level of its reference production.

Saadoun also said oil prices are projected to stay above $100 a barrel until the third quarter of 2022.

OPEC +, an alliance of OPEC and non-OPEC members, decided on a gradual increase in oil production of 400,000 barrels per day for the month of March. The organization has repeatedly shown its approval for increasing oil production in Iraq.

The country exported 4.43 million bpd in April, toping its OPEC + quota for the month, according to the State Organization for Marketing Oil (SOMO)

butterfly   Deputy: The Federal Court issued a ruling repealing the Food Security Law

Sunday 15 May 2022 14:30 The independent representative, Mustafa Sanad, announced: "The Federal Supreme Court issued a ruling to cancel the emergency support law for food security and development, which was sent by the Council of Ministers to the House of Representatives, based on the lawsuit of Deputy Basem Khashan.

butterfly   2022-05-15 02:46  Shafaq News/ The U.S. dollar (USD) exchange rate against the Iraqi dinar (IQD) registered a small notch in the daily transactions at the official markets of Baghdad and Erbil on Sunday.

Shafaq News Agency correspondent said that the Central al-Kifah and al-Harithiya exchanges are trading the USD at a rate of 148,300 IQD to 100, 50 IQD above Saturday.

Our correspondent said that the selling and buying rates of 100 USD in the local markets of the Iraqi capital rested at 148,500 and 147,500 IQD, respectively.

In the capital of the Kurdistan Region, Erbil, the selling and buying rates settled at 148,450 and 148,250 IQD to 100 USD.

butterfly   2022-05-15 03:26  Shafaq News/ The U.S. crude imports from Iraq averaged 326 thousand barrels per day (bpd) last week, the Energy Information Administration (EIA) said this weekend.

In its weekly report on U.S. oil imports, EIA said that the U.S. net oil imports averaged 5.643 million bpd last week, up by 135 thousand bpd from 5.308 million bpd a week before.

Canada remains the top boost of the U.S. oil imports with 3.284 million bpd, followed by Mexico and Ecuador with 693 and 351 bpd, respectively.

Imports from Saudi Arabia amounted to 306 thousand bpd.

Columbia and Brasil exported 276 and 143 thousand bpd to the US, respectively. US imports from Nigeria rested at 136 bpd; eight thousand barrels above Trinidad and Tobago, according to EIA.

Raptor22   What year Bolivar should I buy?

Zig  Raptor22 : Hi...I suggest you wait for sheila to answer you as I know that she has that currency..:)

Raptor22   Thanks Zig

Zig   Having written that, please remember that we give No investment advice here....this chat room was established to "discuss" our various speculative investments not to recommend that you buy//invest in anything....Please make your own decisions and not based on anything you read in here as we only give our opinions....My only advice: Never invest more that you can afford to lose in any currency speculation....

Sheila   Raptor22 Some of my smaller notes are 2009. The 1M Notes purchased appear to be 2020. Thinking if you stay close to that span, then you should be good to go holding Bolivar.

Sheila   Raptor22 not giving you financial advice. all speculation at every step of the way. good thing is you can resell at discount, yet getting most of your funds back. generally speaking, most speculations don't have capability built into risks being taken.

Raptor22   sheila I read the 2021 digital boliver 10 million is good to get

Raptor22   i uunderstand no financial advise    Thanks for your advise/opinion

Sheila   Raptor22 I don't know about digital bolivar. Everything we purchased is hard currency. What a roller coaster ride this has been!!!

butterfly   I guess I'm one that needs to have currency/metals/etc in my hands that I can feel. I have a friend who lost a lot of money by using the "digital" method. Never again she said.

Sheila   butterfly bird in the hand, worth two in the bush

Raptor22   Thanks

butterfly   SULAIMANI — The US dollar to Iraqi dinar exchange rates were up in the Kurdistan Region’s markets on Sunday (May 15).

$100 was at 148,400 Iraqi dinars.

100 British pounds was at 179,000 Iraqi dinars, and 100 euros was at 156,500 IQD.

butterfly   The UN Security Council will hold, on Tuesday, a session on the situation in Iraq.

Eyeguy1   butterfly bird in the hand is worth 2 in the bush....agree I played the stock market back in time and won`t do it again either....Thank You for you news reporting

Eyeguy1   I invested in land and even that was compromised by the bank mgt industry...they should have been punished

butterfly   As Americans pay more at the pump, the stock prices of oil companies have surged.

Devon Energy: 194%   Marathon Oil: 148%   Occidental Petroleum: 144%   Coterra Energy: 105%

ConocoPhillips: 100%   APA: 108%

Eyeguy1   Glad I didnt go deep with the Dinar just bought what I was willing to lose..about 1 mil so of it pops even @ .25 will be a welcome influx of dollars....In the meantime my advise is do what is concrete and enjoy every day

butterfly   Eyeguy1 not much to post bc they are still without a government.

Eyeguy1   I saw sooooo ridiculus

butterfly   They are still reporting deaths from the virus. I believe that might be some of the problem.

Dr Malcolm Roberts  Zig: Welcome to Zig's Place, a chat room for dinar speculators and others....discuss any topic that you wish >>>>>

Dr Malcolm Roberts  Hey brother: I am taking up your offer "on any topic is welcome on your site." I believe I would have been an early bird who got on this IQD bandwagon for I had even been an gent to sell these notes early in the piece - almost tow decades. However, I jumped off the selling craze when I soon realized it not not to an overnight "She'll be be COMING DOWN the THE MOUNTAIN when she come" thingy bit. Sure those two decased a\ahve come and gone and she's still up that Mountain from the day I joined this crazy ride.

Honestly - I am not a fry pan to dampen hearts and dreams: I sincerely believe those Iraqi scoundrels are very good at having pulled the wools well over our eyes and even up to our heads to say the least - with having got us part with our heard earned funds to buy toilet paper worth dinars just as we had then rushed to get toilet papers when CoVID hit us over two years ago at super market shelves. Remember?

sheila  @Dr Malcolm Roberts welcome here today  - only 12.5 years history in these currency speculations

Dr Malcolm Roberts   she's still up that Mountain from the day I joined this crazy ride. Honestly - I am not a fry pan to dampen hearts and dreams: I sincerely believe those Iraqi scoundrels are very good at having pulled the wools well over our eyes and even up to our heads to say the least - with having got us part with our heard earned funds to buy toilet paper worth dinars just as we had then rushed to get toilet papers when CoVID hit us over two years ago at super market shelves. Remember?

Dave   Xanax helps.........

Dr Malcolm Roberts   Hey - since I have come this far - I'll hang on to my toilet paper worth of IQDs tissue papers with great printed pictures of ancient rulers of Iraq for God knows how long: Just in case before my last straws run out and I fling them all in the nearest rubbish dump and not temp some idiots ride this merry-go-round ride as I have so thus far.

Dave   willing to trade TP fer your Dinar.......  triple ply!!!

Dr Malcolm Roberts   But since those crazy days, I am now into more exciting things in life. I am asking people on " WHAT IS THE PURPOSE OF LIFE"? Many people are still not able to give me goOd adequate answers to keep me satisfied. So, I throw this question back to my fellow DINARIANS reading her now. i WILL LOVE TO HEAR BACK FROM AS MANY AS WILL REPLY ME. I DOUBT IT, THOUGH. Lets find out while we play this alternative MUCH MORE HEALTHIER GAME while we manage to ride on this CRACY RIDE singing MORE OF THAT she'll BE COMING DOWNTHAT blooming Mountain a BIT louder: Hear???

Dr Malcolm Roberts   Thanks Dave: I'll hang on to them a little longer - but I'll fling them into some rubbish dump and not add further cause any one riding this crazy roller-coaster ride to no get to POSSIBLY nowhere !!!!!!!

sheila   @Dr Malcolm Roberts To learn. To be curious. To do better.

Dave   nothing ventured nothing gained

UNEEK   @Dr Malcolm Roberts Hello and welcome to Zig's place - I would like to address your question and offer "my" thoughts - I feel that we all have a purpose here in this human form - I have questioned my purpose for many years and even today I still wonder what I am "supposed" to do till I am unable to do -- I will offer you what I have been relying on as an answer until I find a better one - I feel that we are here to accomplish 2 things -- to grow in wisdom and to expand our capacity to love - now in my humble opinion that is a pretty tall order -

Dr Malcolm Roberts   Of course, I would be delighter if I am proven wrong, though I have waited thus far too long for some to rub the FACES of many of my loved friends and relatives who made me part of the skeptic I have become. LOL !!!!!!!!

Sheila   @Dr Malcolm Roberts Skeptic yet still believer.

Sheila   @Dr Malcolm Roberts 20 Years Ago? How did you learn about Dinar those 20 years ago?

Zig   sheila : I know some people that bought around 2003

Sheila Zig And how did they learn about Dinar?

Zig   I think some were actually working in Iraq as contractors....ans some heard about it from those people.....

sheila   Zig ahhh, 6 Degrees of Separation

Sheila   Short video on ISO 20022 - https://www.iso20022.org/about-iso-20022

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Zig’s Place Chatroom News Early Saturday 5-14-22

Zig’s Place Chatroom News Early Saturday  5-14-22

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

TWW   Countries in the International Organization for Standardization Link: https://en.wikipedia.org/wiki/Countries_in_the_International_Organization_for_Standardization

Sheila   ISO

butterfly   Any news @TWW

Sheila   @TWW Worked by ISO standards when I worked construction.

TWW   butterfly read just above

butterfly   TWW sorry I have been doing several things while I am typing on here. Thanks I will go and read.

Sheila   @TWW Primarily ASME, ISO because we got parts and equipment from all over the world.

TWW   sheila yep

Sparky   sheila ... I just slam stuff up ... lol ...

Dave   TWW SPeed this up i need cash......

TWW   Dave indeed

Sparky   ...my best tool is a 5 pound sledge ...

Dave   just a nickle....i aint greedy

Sparky   ... commercial solar ...

Sparky   ... ear protection is a must when working near me ...

Sheila   TWW And IEEE - big one

Sparky   ... lol ...jk ...

TWW   sheila BO BOL 068 Bolivia, Plurinational State of IBNORCA Correspondent member ...ZW ZWE 816 Zimbabwe SAZ Member body

Sheila   @TWW Anything else to share? Headed out to watch NBA games with friends.

Sparky ... engineers are paper pushers, when the reality hits, they shit their pants ...

TWW   sheila hope u have a great time

Sheila   TWW Glad I bought bolivar and zim when everyone was telling me they were only good for wallpaper.

TWW   sheila they did to me aswell

Sparky   ... rev 2,3 4,5 ...

sheila   TWW planning to take break from everything rv for few hours

TWW   sheila ok

Dave   Sparky was an engineer....

sheila   TWW and they were dirt cheap. one 1M bolivar note is now selling for about 20. When we bought same notes, they were going for 1-1.80 each.

Sheila   @TWW anyway... gotta go be back later. have good evening all

TWW   ROI

Dave   1.80 to 20......wow

Dave   missed thyat boat too

Dave   2000% ROI

butterfly   https://www.texastribune.org/2022/05/12/texas-border-security-mission-treasury/ Treasury Department opens investigation into Gov. Greg Abbott’s use of federal funds for border mission

Texas has been using coronavirus relief money to help pay for the multibillion-dollar deployment.

butterfly   About time............................Sen. Elizabeth Warren and Rep. Pramila Jayapal have introduced the Judicial Ethics and Anti-Corruption Act, which would overhaul the judicial recusal process, impose a code of conduct on the Supreme Court, & ban federal judges from owning individual stock.

butterfly   Missing Picasso spotted at home of former Philippines first lady ............ https://nypost.com/2022/05/13/missing-picasso-spotted-at-home-of-former-philippines-first-lady/?utm_source=twitter_sitebuttons&utm_medium=site%20buttons&utm_campaign=site%20buttons

butterfly   Celebrity endorsers keep quiet as cryptocurrency market appears to crash: In a flashy advertising campaign for http://Crypto.com, Hollywood star Matt Damon told potential cryptocurrency investors that "fortune favors the brave." But after via NBC News https://www.nbcnews.com/tech/tech-news/cryptos-steep-decline-investors-worried-celebrity-boosters-say-rcna28544

butterfly   This is for you @Dave: .......... https://twitter.com/KyivIndependent/status/1525251218360176646

butterfly   Snoopdog might buy Twitter.

Butterfly   SULAIMANI — The US dollar to Iraqi dinar exchange rates were up in the Kurdistan Region’s markets on Saturday (May 14).

$100 was at 148,400 Iraqi dinars, 250 IQD higher than the previous day.

100 British pounds was at 170,000 Iraqi dinars, 2,000 IQD lower, and 100 euros was at 156,500 IQD, 1,500 Iraqi dinars lower.

butterfly   SULAIMANI — Crude oil prices were up on Saturday (May 14) compared to the previous day.

The price of Brent crude was at $111.55, up from $108.3 the previous day, and the price of WTI crude was at $110.49, up from $106.6.

butterfly   2022-05-14 05:53   Shafaq News/ Japan Petroleum Exploration Co. said May 13 it expects to more than double its equity crude oil sales to 935,000 kl or 5.88 million barrels in fiscal year 2022-23 (April-March), up from 357,000 kl in the previous fiscal year due mainly to increasing sales of Iraqi and US crude.

In Iraq, the operator of the Gharraf oil field in which Japex holds a stake, Malaysia's Petronas, is working with the Iraqi government to bring about a production capacity boost that has been delayed by pandemic impacts coupled with some local security concerns.

"It is true that our investment target, or a production increase has been delayed unfortunately," Michiro Yamashita, Japex director and senior managing executive officer, told an earnings press conference.

"Petronas, the operator, is holding various talks with the Iraqi government as it proceeds its development works, and it is being worked on to raise the production capacity appropriately," Yamashita said.

Output at the Gharraf field, located in southern Iraq, had been set to rise to 230,000 b/d by the end of 2020. It produced around 130,000 b/d in April, up from an average of 100,000 b/d over January-March, a company spokesman said separately.

While declining to elaborate on the timelines for reaching the 230,000 b/d output target, Yamashita told S&P Global Commodity Insights that "the most sensible production plan" is under discussions. He said this takes into consideration the impact of the coronavirus pandemic on oil demand and current OPEC+ oil production quotas.

The Gharraf field started production in August 2013 under a technical service contract with Iraq 's South Oil Co. The consortium consists of Petronas with a 45% stake, Japex Garraf with 30% and North Oil Co. with 25%. Japex holds a 55% stake in Japex Garraf, with state-owned Japan Oil, Gas and Metals National Corp. holding 35% and Mitsubishi 10%.

butterfly   Japex, meanwhile, expects its US tight oil production to rise to 880,000 barrels in FY 2022-23, up more than seven times from 120,000 barrels, as it expands its upstream investments, Yamashita said.

Japex will invest about $500 million from 2022 to 2024 to develop tight oil interests in the southern US, including existing assets and interests to be acquired later this year by its US subsidiary.

Japex said its investments in the wellbore interests acquired in Texas and Oklahoma will start raising its tight oil production from the middle of this year.

Japex entered US tight oil development in 2012 by acquiring development interests in the Eagle Ford formation in Middle McCowen, southern Texas. Since then the company has continued to invest in its assets, including the acquisition of additional interests in the same formation in 2013.

In the previous fiscal year ended March 31, Japex pulled out of its operated oil sands project and a shale gas project in Canada, putting an end to its oil and gas projects in the country as part of its business portfolio review.

It sold its shares in Japan Canada Oil Sands, or JACOS, which was wholly owned by its subsidiary Canada Oil Sands, or CANOS, to Alberta-based HE Acquisition Corp., ending its involvement in Canadian oil sands that started in the 1970s.

Meanwhile, Japex plans to raise its LNG sales by 23% year on year to 363,000 mt in FY 2022-23, up by 68,000 mt year on year, as it had deferred the scheduled procurement of a spot LNG cargo in the previous fiscal year because of high spot LNG prices.

butterfly   2022-05-14 04:50   Shafaq News/ The U.S. dollar (USD) exchange rate against the Iraqi dinar (IQD) registered a notch in the daily transactions at the official markets of Baghdad on Saturday.

Shafaq News Agency correspondent said that the Central al-Kifah and al-Harithiya exchanges are trading the USD at a rate of 148,250 IQD to 100, 100 IQD above Thursday.

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

In the capital of the Kurdistan Region, Erbil, exchange transactions are halted on weekends.

butterfly   From a post on Twitter: ......... $ 28,856.30 USD= price of one bitcoin today, down from $65 K!!!

I thank my lucky stars I have no money to invest in bitcoin!!

butterfly   The baby formula crisis was caused by corporate negligence in an overconcentrated market with no competition. When CEOs and big corporations have no accountability, working families pay the price......Val Demings

butterfly   2022-05-14 09:38   Shafaq news/ The Group of Seven industrialized nations said Saturday they would never recognize the borders Russia is trying to shift in its war against Ukraine and pledged enduring support for Kyiv.

Russia invaded Ukraine on February 24 but Kyiv’s forces managed to push Moscow’s troops back from the capital. The conflict is now well into its third month.

“We will never recognize borders Russia has attempted to change by military aggression, and will uphold our engagement in the support of the sovereignty and territorial integrity of Ukraine, including Crimea, and all states,” the G7 foreign ministers said in a statement after three days of talks in northern Germany.

They also vowed to expand sanctions to include sectors on which Russia is dependent and keep supplying Ukraine with weapons to help it repel Russia’s invasion.

“We reaffirm our determination to further increase economic and political pressure on Russia, continuing to act in unity,” they said.

Western countries have supplied Ukraine with artillery, anti-aircraft missiles, anti-tank weapons and other powerful material, but Kyiv has been pushing allies for more support.

As the war drags on, the G7 foreign ministers also highlighted the growing impact of the war on poorer countries, especially in the area of food security.

The ministers also slammed Belarus over its stance on the war.

“We ... call on Belarus to stop enabling Russia’s aggression and to abide by its international obligations,” they said.    Source: AFP

Butterfly   Minister of Water Resources: Drinking water is fully secured, and Iraq's water rights are a red line

Saturday 14 May 2022 16:31 ............. Minister of Water Resources Mahdi Rashid Al-Hamdani confirmed that drinking water is fully secured, stressing that Iraq's water rights are a red line./ End

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Zig’s Place Chatroom News Friday Evening 5-13-22

Zig’s Place Chatroom News Friday Evening 5-13-22

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

Butterfly   I was gone most of the morning, just got back, 1-1/2 hour one way and back. On my way, $4.19, up the road to a bigger city, paid $3.97.

Dave   gas almost 10 bucks a gallon here...odd we do not blame Trudeau?

Butterfly   Dave because you know who controls it.

Sparky   Dave ... hey Dave ...

Butterfly   When you have time this is a long one: DNO Profits Surge on Back of High Oil and Gas Prices .. https://www.iraq-businessnews.com/2022/05/12/dno-profits-surge-on-back-of-high-oil-and-gas-prices/

Dave  butterfly Just wait until summer....you too may see 10 bucks a gallon

butterfly   Even when I tell people to go to OPEC.org and get educated, they refuse bc they want to believe their cult leader.

Butterfly   Baghdad / NINA / - The dollar exchange rates witnessed stability, today, Friday, in the local markets.

As the selling prices of the dollar recorded 148,250 dinars per 100 dollars, while the purchase prices of the dollar recorded 148000 dinars per 100 dollars.

Dave   per 100 dollars.. 250 dinars WOWSERS...LOL

Sparky   Dave ... funny how evergreen ship got stuck sideways in the Suez canal once Joe got elected ...

Dave   those forces CABAL!

Sparky   ... making up for covid loses ?

Dave   all choreographed.....

Sparky   ... yessir ...

Dave   New World Order......

Sparky   ... greed and power ...

Dave   World is getting much smaller.....

butterfly   Musk may not be buying Twitter. The boy lost a lot of moola with the crash the other day. His purchase is on hold.

Dave   butterfly Should educated peeps care?

butterfly   Twitter owners say NO to bringing DJT back on their website. Musk said, yes I want to bring him back. He claims FREE speech and he has been banning people that respond to his tweets. Gives one a good laugh to watch him go against HIS FREE speech.

Sparky   butterfly ... that dude relies on Government subsidies ...

butterfly   Yup

Sparky   ... smart man, brought China to the USA via Wal-Mart ...

Sparky   ... slave labor is another arguement ...

butterfly   The One Dollar Stores are now One Dollar and a Quarter.

Sparky   butterfly ... inflation ... who's kidding who ... Exxon Mobile ...

Dave   Sparky China India Korea etc no longer working fer pennies a day........

Sparky   ... big oil runs the show ...

butterfly   You go into any of the Dollar stores: General Dollar, Family Dollar, and the famous Dollar/Quarter there shelves are packed.

Sparky   butterfly ... plus 25% ...

Dave   50 yrs ago China prolly had a few cars on the road......NOW?????

butterfly   Big Oil is making billions upon billions of dollars and not passing it on to the ones who need it most.

Dave   butterfly BUY SHARES!

Sparky   butterfly ... and so the story goes ...

Sparky   ... that is why they fight green enery ...

butterfly   YUPPERS

Dave   butterfly BIG OIL pROVIDES MANY JOBS

Dave   Fight????

Dave   pay the price or choose not to?

Dave   go electric......

Dave   ?

Dave   your choice

Dave   Save a Tree and make a plastic 2x4?????

Sparky   ... singing to the choir ...

Sparky   ... ELECTRIC ... yeah baby ...

Sparky   ... DC is un forgiving on mistakes ...

butterfly   (Bloomberg) --California Governor Gavin Newsom said Friday that the state has a record $97.5 billion operating surplus, with $49.2 billion that can be used for any purpose.

Sparky   Dave ... hard question , as we are all God's kids ...

Sparky   ... how can man decide who ?

butterfly   Dave It is a "control" issue with men.

Dave   National Referendum.

Sparky   butterfly ... there you go again anti male ...

Dave   butterfly MEN should have a say

Sparky   ... takes two to tango ...

Dave   wanna chat about coca cola?

Sparky   ... not particularly ...

Dave   reason hard concept to grasp fer some

Sparky   ... coke laced with fentanol these days ... no more blow ...

Dave  1200 fils fer that bottle of water then

Sparky   \ Dave ... I get your point, 25000 IQD can buy 25 cokes ...

Dave   with how many of those being fils...LOL

Sparky   ... fills are in denominations of thousanths ..

Sparky   ... take a 25k note, and figure it is roughly worth 25 bucks ...

Sparky   ... prolly 20 now ...

Dave   had fils 25 dinar

Sparky   ... Peter Gabriel loud in my living room now ...

Dave   Sparky delete 3 zeros

Sparky   ... yup ...

Sparky   ... ie " LOP " ...

Dave   :Wheelbarrow: $$     and they compalin about that CHUNKY Money now

Sparky   Dave ... you already made $ ...

Dave   have not lost......

Sparky   ... I won't sell, but I'm not counting on it ...

Dave   IRAQ has given us nodda.   Nor their people

Sparky   ... only good conversation, and that I value ...

Dave   Waiting fer a COUP

Sparky   ... we'll be dust in the wind before that happens ... imo ...

Dave   nothing ventured nothing gained

Sparky   Dave ... true ... ... if you don't play the game, you have zero chances ...

Dave   our chances better than the lotto though

Sparky   Dave ... check out Ric Edelman's book, cryptos ...

Dave   no interest......too late in the game ifigure

13 May 22, 04:29 PM Sparky   ... managed over 10B$ ... is now advocating blockchain ...

Dave   bitcoin 1K yrs ago though

Sparky  ... long story, but yup ...

Sparky   ... e-coins messed me up ...

Dave   Sparky bought cryptos

Sparky   Dave ...FTX ?

Dave   dont recollect

Sparky   ... I have a wallet on Blockchain ...

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Zig’s Place Chatroom News Friday Morning 5-13-22

Zig’s Place Chatroom News Friday Morning 5-13-22

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

Butterfly   SULAIMANI — Crude oil prices were up on Friday (May 13) compared to the previous day.  The price of Brent crude was at $108.3, up from $105.2 the previous day, and the price of WTI crude was at $106.6, up from $103.2.

butterfly   2022-05-13 01:35 Shafaq News/ Oil prices extended gains on Friday but were headed for their first weekly loss in three weeks as worries about inflation and China's COVID lockdowns slowing global growth offset concerns about dwindling fuel supplies from Russia.

Brent crude futures were up $1.81, or 1.7%, at $109.26 a barrel at 0403 GMT, while U.S. West Texas Intermediate (WTI) crude futures climbed $1.55, or 1.5%, to $107.68 a barrel.

Both benchmark contracts were, however, on track to post declines for the week, with Brent set to drop nearly 3% and WTI nearly 2%.

The market is continuing to be pushed and pulled by the prospect of a European Union ban on Russian oil tightening supply and concerns about faltering global demand.

SPI Asset Management managing partner Stephen Innes said that oil traders were looking "for a glimmer of light at the end of China's gloomy lockdown tunnel".

"Still, we continuously end up at square one with lower case counts weighted against the authorities doubling down on their zero COVID policy," he added.

Inflation and aggressive rate rises have driven the U.S. dollar to 20-year highs, which has capped oil price gains as a stronger dollar makes oil more expensive when purchased in other currencies.

Analysts, however, continue to focus on the prospect of a European Union ban on Russian oil, after Moscow imposed sanctions this week on European units of state-owned Gazprom and after Ukraine halted a key gas transit route.

"With European natural gas prices soaring, it is inevitable that some spillover into oil will occur," OANDA senior market analyst Jeffrey Halley said in a note.

butterfly   "An escalation by Russia on the sanctions front is likely to flow into oil price strength," he added.

An International Energy Agency report on Thursday highlighted the duelling factors in the market, saying rising oil production in the Middle East and the United States and a slowdown in demand growth are "expected to fend off an acute supply deficit amid a worsening Russian supply disruption".

The agency said it saw output from Russia falling by nearly 3 million barrels per day (bpd) from July, or about three times more than is currently displaced, if sanctions for its war on Ukraine are expanded or if they deter further buying.    Source: Reuters

butterfly  2022-05-13 04:09   Shafaq News/ On Friday, the U.S. Embassy in Baghdad announced that Washington allocated about $140 million to support trade in Iraq. 

“The United States has committed $140 million to support Iraq’s economic growth, in particular Iraqi businesses and entrepreneurs.” The Embassy said on Facebook.

“We are inspired by the entrepreneurs, many of whom overcame adversity to build new businesses, hire fellow Iraqis, and contribute to a prosperous, safe, and stable future for Iraq.” It added.

The below infographic shows more details about the U.S. support for entrepreneurship and business in Iraq:

butterfly   2022-05-12 10:57   Shafaq News/ The U.S. dollar (USD) exchange rates against the Iraqi dinar (IQD) climbed in the markets of Baghdad today evening.

Shafaq News Agency correspondent said that the Central al-Kifah and Al-Harithiya exchanges are trading the USD at a rate of 148150 IQD to 100.

Our correspondent said that the buying and selling rates of 100 USD in the local markets of the Iraqi capital stood at 148500 and 147500 IQD, respectively.

Zig   Happy Friday 13th  Hope you have a lucky day!!

Sheila   Zig It's going to be great day!!!

Sheila   UN Operational Rates change on Sun. 15 May 2022 - https://treasury.un.org/operationalrates/OperationalRates.php

NORV   Where my riches? lol   :$$$:

Sparky NORV ... your other pocket ...

NORV  :Floating:

NORV    Sparky what new Sparky?

Sparky   NORV ... jk ... I think your right on LOP, yhen slow growth if the economy has structure ...

NORV   Sparky possible. They are talking that way.

NORV   Hope not.

Sparky   NORV ... LOP makes the most sense to me ...

NORV   Though many won't admit it, the IMF is really in charge.

NORV   And the IMF has not discussed a LOP

Sparky  ... thn, may rise to 5 cents, and we'll still make a large ROI ...\

NORV  I am hoping for a slow growth no LOP

NORV   It would take significant economic growth for that to happen. Sorta like Dubai

Sparky   ... not 1000 % as some may dream ...

NORV   They only dream it cause the guru's peddle it.

Sparky   ... Dubai rocks, with much less corruption ... as far as I know ...

NORV   Dubai was built in like 10 years

Sparky   ... Dave knows the Dubai growth, as he worked with Shlumberger ...

Sparky   ... I think he was over there ...

NORV   ah

Sparky   ... anywho ... we wait, and wait ...

NORV   think it was 20-30 actually

Sparky ... as always, I could be wrong ...

NORV   but that never happen in Iraq, they fight to much

NORV  Get rid of Maliki maybe

Sparky   ... Maliki likes smoke and mirrors, so does Barzani and the usual suspects ...

Sparky   ... war as an distraction to corruption ...

NORV   I know someone who met most of the leaders from Iraq. They all nuts he said

NORV   paranoid

Sparky   ... Ali Bahbah and the seven thieves ...

NORV   Where is Dave?

Sparky   ... prolly deep sea fishing, or golfing ...

NORV   Ah. That be fun.

Sparky  ... with a cooler full of cokes ...

Sparky  ... Dave is a good dude ...

NORV   I watching Depp trial lol

NORV  two nuts that like to abuse each other

Sparky   ... crazy broad, great actress ... and he is bent ...

NORV   She is nuts for sure

Sparky    ... fame and fortune turned sideways ...

NORV   He sure gave her the world

NORV   They all mooch off of him

Sparky   ... He is suing her, right ?

NORV   yes

NORV   50 million

Sparky   ... wow ...

Sparky .. one of their estates ...

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Zig’s Place Chatroom News Thursday Evening 5-12-22

Zig’s Place Chatroom News Thursday Evening 5-12-22

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

Butterfly   2022-05-12 04:31   Shafaq News/ The U.S. dollar (USD) exchange rates against the Iraqi dinar (IQD) inched up in the markets of Baghdad and climbed in Erbil on Thursday.

Shafaq News Agency correspondent said that the Central al-Kifah and Al-Harithiya exchanges are trading the USD at a rate of 148000 IQD to 100.

Our correspondent said that the selling and buying rates of 100 USD in the local markets of the Iraqi caested at 148500 and 147500 IQD, respectively.

In the capital of the Kurdistan Region, Erbil, the selling and buying rates settled at 148200 and 148000 IQD to 100 USD.

butterfly  DNO Profits Surge on Back of High Oil and Gas Prices ............ https://www.iraq-businessnews.com/2022/05/12/dno-profits-surge-on-back-of-high-oil-and-gas-prices/

butterfly   Oil prices fell more than 1 percent today, Thursday, during a volatile week, as economic fears of recession roiled global financial markets, outweighing supply concerns and geopolitical tensions in Europe.

Brent crude futures fell $1.25, or 1.2%, to $106.26 a barrel by 04:03 GMT, and West Texas Intermediate crude futures fell $1.24, or 1.2 percent, to $104.47 a barrel.

Oil prices are under pressure this week, along with global financial markets amid fears of higher interest rates for the US dollar, which is the strongest in two decades, and concerns about inflation and a possible recession, as the prolonged shutdown of COVID-19 has affected China, the world's largest importer of crude.

However, supply concerns stemming from the Russian invasion of Ukraine have boosted the market, with prices rising more than 35% so far this year.

The European Union's suspended embargo on oil from Russia, a major supplier of crude and fuel to the bloc, could further tighten global supplies, supporting prices.

butterfly   SULAIMANI — Crude oil prices were up on Thursday (May 12) compared to the previous day.

The price of Brent crude was at $105.2, up from $104.9 the previous day, and the price of WTI crude was at $103.2, up from $102.1.

butterfly    SULAIMANI — Google announced as part of the I/O 2022 developer conference on Wednesday (May 11) it will add 24 new languages to its Google Translate service, including Sorani Kurdish.

Sundar Pichai, the CEO of Alphabet Inc. and its subsidiary Google, said the expansion allows Google to cover languages spoken by nearly 300 million people.

The new languages added, in addition to Sorani, include Assamese, Aymara, Bambara, Bhojpuri, Dhivehi, Dogri, Ewe, Guarani, Ilocano, Konkani, Krio, Lingala, Luganda, Maithili, Mizo, Oromo, Quechua, Sanskrit, Sepedi, Tigrinya, Tsonga and Twi.

Most of the added languages are spoken by several million people in Africa, India, and South America and they bring the total number of languages Google Translates accommodates to 133.

Kurmanji Kurdish was added to the service in 2016

butterfly   OPEC cuts 2022 world oil demand forecast again on Ukraine war impact .......... https://english.alarabiya.net/business/energy/2022/05/12/OPEC-cuts-2022-world-oil-demand-forecast-again-on-Ukraine-war-impact

butterfly    UK’s Sunak says he is pragmatic about windfall taxes on profits of oil firms ........... https://english.alarabiya.net/business/energy/2022/05/12/UK-s-Sunak-says-he-is-pragmatic-about-windfall-taxes-on-profits-of-oil-firms

Sheila   Interesting reading on ISO 20022 posted December 09, 2015: Paper explores the ISO 20022 landscape while combating myths about the global standard as it relates to payments

HERNDON, Va., Dec. 10, 2015 – Nacha—The Electronic Payments Association® announced today that it has released a white paper, “Introduction to ISO 20022 for U.S. Financial Institutions,” to shed light on the standard’s practices and opportunities in the U.S. and global payments landscape, and to dispel myths surrounding what use of this standard can and cannot support.

ISO 20022 is the standard for financial service messaging used to describe business processes, such as payments, developed by the International Organization for Standardization, an international standards-setting body. As a leader in bringing a broad set of industry participants together to agree on payment-related rules and standards, Nacha has taken a key role in providing dialogue, education and analysis about ISO 20022 so ACH Network users may understand the standard and its implications for the payments industry.

“The purpose of this white paper is to provide clarity regarding the promises, strategies, myths and roadblocks for ISO 20022 and payments,” said George Throckmorton, Managing Director of Network Development for Nacha. “Issuing the paper is part of Nacha’s ongoing efforts to meet the needs of the present by providing industry tools and solutions to assist with ISO 20022 ACH integration while preparing for the future by continuing to monitor, explore and engage with market participants around the possibility of ISO 20022 ACH conversion.”... continued at this link...

-- https://www.nacha.org/news/nacha-releases-white-paper-introduction-iso-20022-us-financial-institutions

Sheila   The name of an Iraqi government bank was removed from the international sanctions list  

May 11, 2022,,, 2022-05-11 06:37A-AA+  Shafaq News/ Al-Rasheed Bank announced on Wednesday the removal of its name from the list of international sanctions of the Charter of the United Nations, which came in accordance with the document issued on April 18, 2022.

In a statement received by Shafak News Agency, the media office said that this decision came due to the efforts made by the Iraqi government, the Ministry of Foreign Affairs, the Permanent Representative of the Republic of Iraq to the United Nations and Al-Rasheed Bank.

The statement stressed that this decision has restored Al-Rasheed Bank to its rightful place in the banking field. -- https://search4dinar.wordpress.com/2022/05/11/the-name-of-an-iraqi-government-bank-was-removed-from-the-international-sanctions-list/

Butterfly   sheila Bingo! Could it be could it be.....one of the hold outs?

Sheila   butterfly one of how many? when, when, when!!!

butterfly   2

Sheila   butterfly I am laughing as I typed that rant. Exasperating.

Butterfly   The compass of dialogue is heading towards concluding a “reconciliation between the adversaries,” and the independent seats are crucial to choosing the “president.”

https://almadapaper.net/view.php?cat=264603

butterfly   https://almadapaper.net/view.php?cat=264603

butterfly   Starbucks raised prices after reporting a 31% increase in profits.

Same with Tyson, who posted $1 billion in profits last quarter — a 48% increase from the first quarter of 2021.

Get the picture?

butterfly   I heard an audio from Tyson, saying they will continue raising prices. So these big companies are the ones making the big bucks bc they can't be stopped. Private businesses.

butterfly   Al-Maliki: Parliament's intention to question current ministers is a legal violation

Thursday 12 May 2022 23:40 coalition, Nuri al-Maliki, considered the Parliament's intention to question current ministers as a legal violation.

And he said in a tweet on Twitter: The current parliament’s intention to question a number of ministers in the expired government, dismiss them, and grant confidence to new ministers is a clear legal violation, because the current parliament was not the one who voted to form this government and did not give them confidence until questioning them. https://www.ninanews.com/Website/News/Details?Key=975784

butterfly   2022-05-12 16:28   Shafaq News/ The Shiite Coordination Framework and its allies are awaiting an initiative from the leader of the Kurdistan Democratic Party, Masoud Barzani

The leader of the Al-Fateh Alliance, affiliated with the Framework, Ali Al-Zubeidi, told Shafaq News Agency, "It is not true that part of the coordination framework belongs to the opposition."

"The Framework forces continue their meetings with the political forces to end the political deadlock."

Al-Zubeidi indicated that the Framework awaits an important initiative by the leader of the Kurdistan Democratic Party, Masoud Barzani."

In turn, the leader of the Framework, Ali Al-Fatlawi, confirmed to our Agency, "The news about an agreement that a part of the Framework stand by Al-Sadr to form a majority government, and another part would be in the opposition is incorrect, and there is no such agreement or proposal.

"The Shiite coordination Framework is still firm that it would form the government or be in opposition with all its forces."

The Coordination Framework launched a 9-point initiative earlier, while the Sadrist movement called on independent MPs to ally and form the government.

A source revealed to our Agency that 46 independent MPs met at MP Haidar al-Shamkhi's residence to discuss the latest political developments. A new decisive meeting will be held in the next few days.

Since the Iraqi Parliament held its first session on the ninth of last January, the situation became more complicated with the Framework insisting on having the "Shiite" largest Bloc because the prime minister is entitled to the Shiites, while the leader of the Sadrist movement Muqtada al-Sadr refuses to engage in an alliance with the Framework forces and adheres to excluding the leader of the State of Law coalition Nuri al-Maliki from any alliance.

butterfly   On the other hand, the dispute between the two Kurdish poles continues; the Kurdistan Democratic Party says the position of the President of the Republic is a "Kurdish entitlement, and not for a specific party." At the same time, the Patriotic Union of Kurdistan asserts that this position is its right.

The scene became more critical after al-Sadr announced his withdrawal from negotiations to form the next government and choose the next prime minister giving this task to the Framework to solve in 40 days but the Framework "failed."

The Sadrist Movement leader then called for independent deputies to form the next Iraqi government within 15 days.

The Shiite Cleric renewed his call to some of the Framework's forces to join the Alliance with the Sadrist bloc.

This situation created differences of opinions among the independent representatives over the initiatives of the Shiite rivals, the Sadrist movement, and the Coordination Framework.

butterfly   2022-05-12 10:57   Shafaq News/ The U.S. dollar (USD) exchange rates against the Iraqi dinar (IQD) climbed in the markets of Baghdad today evening.

Shafaq News Agency correspondent said that the Central al-Kifah and Al-Harithiya exchanges are trading the USD at a rate of 148150 IQD to 100.

Our correspondent said that the buying and selling rates of 100 USD in the local markets of the Iraqi capital stood at 148500 and 147500 IQD, respectively.

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Zig’s Place Chatroom News Wednesday Evening 5-11-22

Zig’s Place Chatroom News Wednesday Evening 5-11-22

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

Butterfly   SULAIMANI — Crude oil prices were up on Wednesday (May 11) compared to the previous day.

The price of Brent crude was at $104.9, up from $104.6 the previous day, and the price of WTI crude was at $102.1, up from $101.8

butterfly   Al-Rashid bank removed from the UN financial sanctions list ... 2022-05-11 Shafaq News / Al-Rashid bank announced today, Wednesday, that it has been removed from the United Nations financial sanctions list.

The bank's media department said in a statement that the decision was the fruit of the effort put by the Iraqi government, the ministry of foreign affairs, The Permanent Mission of Iraq to the UN, and al-Rashid Bank.

butterfly   2022-05-11 04:53  Shafaq News/ Basra's heavy crude exported to Asia on Wednesday dropped by by 7.43%, equivalent to $7.42, settling at $92.45 a barrel.

The Saudi Arab light crude rested at $103.74 a barrel, while UAE's Murban Mixture and the Algerian Saharan blend registered $106.06 and $106.23 a barrel, respectively. A barrel of Bonny light (Nigeria) reported $106.12, while Iran's heavy blend registered $103.34.

butterfly   2022-05-11 05:43  Shafaq News / The price of OPEC basket of thirteen crudes stood at US$108.18 a barrel, compared with US$112.48 the previous day, according to OPEC Secretariat calculations.

The OPEC Reference Basket of Crudes is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).

butterfly  2022-05-11 03:29  Shafaq News/ The U.S. dollar (USD) exchange rates against the Iraqi dinar (IQD) stabilized in the markets of Baghdad and climbed in Erbil on Wednesday.

Shafaq News Agency correspondent said that the Central al-Kifah and Al-Harithiya exchanges are trading the USD at a rate of 147950 IQD to 100.

Our correspondent said that the selling and buying rates of 100 USD in the local markets of the Iraqi capital rested at 148500 and 147500 IQD, respectively.

In the capital of the Kurdistan Region, Erbil, the selling and buying rates settled at 148000 and 147800 IQD to 100 USD.

Eyeguy1  butterfly thank you

butterfly   Eyeguy1 one more and then I will be gone for a bit:

butterfly   2022-05-11 06:36  Shafaq News / The Iraqi Council of Representatives held today, Wednesday, its seventh session, chaired by Parliament Speaker Mohammed al-Halboosi.

The Parliament announced on Tuesday that it will resume its sessions to read the bill drafted to prevent normalizing relations with Israel.

On April 24, the Sadrist movement announced that the Homeland Rescue alliance submitted a bill to criminalize normalizing relations with Israel, in order to approve it in the Parliament.

butterfly   Eyeguy1 you are welcome and if I get an email, I will share what I can.

Zig   butterfly : I demand that you share the entire email with us!!!!..... :Unhappy: .....just kidding...

butterfly   2022-05-11 09:36   Shafaq News/ The U.S. dollar (USD) exchange rates against the Iraqi dinar (IQD) stabilized in the markets of Baghdad.

Shafaq News Agency correspondent said that the Central al-Kifah and Al-Harithiya exchanges are trading the USD at a rate of 147950 IQD to 100.

Our correspondent said that the selling and buying rates of 100 USD in the local markets of the Iraqi capital rested at 148500 and 147500 IQD, respectively.

butterfly   2022-05-11 08:58  Shafaq News/ Iraq's Federal Supreme Court on Wednesday adjourned the disposal of a lawsuit on funding the salaries of Kurdistan's public servants to June, a source revealed on Wednesday.

The source told Shafaq News Agency that the pronouncement of the ruling will be made after a trial on June 12, after hearing the testimonies of the head of the federal financial oversight department and Kurdistan's Prime Minister.

The notorious former deputy director of the Najaf Airport, Jawad Abdul-Kadhem Alwan, filed a lawsuit against Iraq's Prime Minister Mustafa al-Kadhimi and Finance Minister Ali Abdul-Amir Allawi to challenge the constitutionality of transferring funds from the state's treasury to the Kurdistan Regional Government (KRG) in order to fund the salaries of the region's public servants.

butterfly  Hey @TWW any update?

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Zig’s Place Chatroom News Tuesday Evening 5-10-22

Zig’s Place Chatroom News Tuesday Evening 5-10-22

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

Butterfly   SULAIMANI — The US dollar to Iraqi dinar exchange rates were up in the Kurdistan Region’s markets on Tuesday (May 10).   $100 was at 147,950 Iraqi dinars, 50 IQD higher than the previous day.

100 British pounds was at 181,000 Iraqi dinars, and 100 euros was at 156,500 IQD Iraqi dinars.

The price of Brent crude was at $104.6, down from $112.7 the previous day, and the price of WTI crude was at $101.8.9, down from $109.9.

butterfly   Al-Shammari to / NINA /: The current government has sold part of the gold reserves in northern Iraq

Tuesday 10 May 2022 12:35 Economic expert Abdul Hassan Al-Shammari said that the current government has sold part of the gold reserves in northern Iraq.

He told the National Iraqi News Agency ( NINA ) that the reason for Iraq's decline in the country's ranking of gold reserves came because of news that the current government has sold part of it.

Al-Shammari added that the current government sold 8 tons of gold reserves in the Central Bank in northern Iraq without knowing the reason for that.

The World Gold Council announced that Iraq had fallen one rank in the world's largest reserves of the precious metal.

The council said in a statement a few days ago that "Iraq has fallen one rank to reach 40th globally out of the 100 countries listed in the table with the largest gold reserves.

He pointed out that Iraq has not yet provided any update on its gold holdings since October 2021, bringing its gold holdings to 96.4 tons, which represents 9.4% of the rest of its other reserves.

butterfly   The Council of Ministers holds its regular session headed by Al-Kazemi

Tuesday 10 May 2022 15:43 The Council of Ministers held its regular session today, headed by Mustafa Al-Kazemi.

butterfly   2022-05-10 07:16   Shafaq News/ Following series of meetings between Kurdistan Democratic Party and their Shiite and Sunnies allies in Erbil in order to form a majority government, a high delegation from Iran-linked Coordination Framework (CF) who oppose the majority government project, are planning visit the Kurdistan Region’s capital in the coming days to speak to the Kurdistan Democratic Party (KDP). This is happening after alleged attempts to divide the Sunni component of their rival alliance seems to have fallen short.

Some seem to have hoped that backing a sheikh long known for being the source of many problems would lessen the strength of a young politician from the same province who currently holds the highest position a Sunni in the country can aspire to.

When the Islamic State (IS) started taking over swaths of Iraq in 2014, Sheikh Ali Hatem al-Suleiman of the large Dulaim tribe took refuge at his villa in this capital of the Kurdistan Region.

The former Anbar Awakening “hero” would in the successive years spend a significant amount of time here as well as abroad, sources told Al-Monitor last year, though he was said to travel to Baghdad on occasion.

Suleiman had been known as a fugitive after supporting protests and anti-government activities included an armed insurrection in 2014 that many see as a prime reason why IS was able to take over and wreak so much destruction on both his own province and the rest of the country.

In 2014, Reuters reported that Suleiman had “recounted plotting ambushes against Iraqi special forces, which he said killed more than 100.” It added that he had “described how Islamic State fighters and his Sunni rebels gradually came together” against the government of former prime minister Nouri al-Maliki, with whom Suleiman had previously collaborated.

butterfly   Iraq fought a brutal war against IS that left thousands dead between 2014 and December 2017, when it officially declared victory within its borders against the international terrorist organization.

Cells continue to conduct attacks throughout the country, however, and sources claimed to Al-Monitor that IS attacks have killed over a dozen people in the past two weeks in Anbar, Iraq’s westernmost province, where the largest tribal confederation is Suleiman’s Dulaim.

Anbar is also the home province of Iraq’s parliament speaker, Mohamed al-Halbusi, the youngest ever person to hold this position. Halbusi is also from a much smaller tribe than Suleiman’s Dulaim.

The public images of the two men from the same province are starkly different. Halbusi is mostly seen in business suits and slicked-back hair, or in jeans and other “Western” clothing, and his wife does not wear a headscarf. Suleiman, however, is almost invariably seen in a traditional thobe and headdress.

Some see Halbusi's support in Anbar as a sign of the weakening tribe-based power structures. Iraqi Sunnis have over the years claimed that Saddam Hussein, for all his faults, fostered a longing for a strong state, and that thus tribalism tended to be stronger among Iraq’s southern Shiite populations than its western Sunni ones.

It is, however, axiomatic that of the two major cities in eastern Anbar – Fallujah and Ramadi – the first is where religion holds sway, and the second is where tribes do.

Halbusi is originally from Garma (or al-Karma) near Fallujah, while Suleiman was born in Baghdad but for many years held sway over the vast Dulaim tribal networks centered in Ramadi.

Halbusi seems to have proven he had the experience to do the job since he took on the role in September 2018. In January he was re-elected to the position, while the country has been unable to decide on either a president or a prime minister over six months after the Oct. 10 vote.

butterfly   As Al-Monitor reported after those elections that Iraq’s Sunni community seems to have voted heavily for Halbusi’s party.

Iraq is believed to be about 60% Shiite Arab with significant Sunni Arab and Kurdish communities and other minorities.

Iran-linked parties have in recent weeks been struggling to divide a largely compact, diverse, and collaborative alliance called Save the Homeland that includes Halbusi’s Sunni alliance, the country’s largest Kurdish party (the Kurdistan Democratic Party, or KDP), and a movement under the popular Shiite cleric Muqtada al-Sadr.

Their apparent support for Suleiman’s much-publicized return to Baghdad is widely seen as part of these efforts.

However, this attempt seems unlikely to succeed.

In 2018, when he was governor of Anbar, shortly before being named parliament speaker, Halbusi had said that “there needs to be normality,” with arms under state control and “police on the ground and the army on the bases, not at the checkpoints.”

However, Suleiman wants more arms in the hands of local armed groups, similar to how he and his fellows in arms helped to defeat al-Qaeda in Anbar over a decade ago.

Iraqi militia power plays bring back outcast Sunni leader

Shafaq News/ Following series of meetings between Kurdistan Democratic Party and their Shiite and Sunnies allies in Erbil in order to form a majority government, a high delegation from Iran-linked Coordination Framework (CF) who oppose the majority government project, are planning visit the Kurdistan Region’s capital in the coming days to speak to the Kurdistan Democratic Party (KDP). This is happening after alleged attempts to divide the Sunni component of their rival alliance seems to have fallen short.

Some seem to have hoped that backing a sheikh long known for being the source of many problems would lessen the strength of a young politician from the same province who currently holds the highest position a Sunni in the country can aspire to.

butterfly   When the Islamic State (IS) started taking over swaths of Iraq in 2014, Sheikh Ali Hatem al-Suleiman of the large Dulaim tribe took refuge at his villa in this capital of the Kurdistan Region.

The former Anbar Awakening “hero” would in the successive years spend a significant amount of time here as well as abroad, sources told Al-Monitor last year, though he was said to travel to Baghdad on occasion.

Suleiman had been known as a fugitive after supporting protests and anti-government activities included an armed insurrection in 2014 that many see as a prime reason why IS was able to take over and wreak so much destruction on both his own province and the rest of the country.

In 2014, Reuters reported that Suleiman had “recounted plotting ambushes against Iraqi special forces, which he said killed more than 100.” It added that he had “described how Islamic State fighters and his Sunni rebels gradually came together” against the government of former prime minister Nouri al-Maliki, with whom Suleiman had previously collaborated.

Iraq fought a brutal war against IS that left thousands dead between 2014 and December 2017, when it officially declared victory within its borders against the international terrorist organization.

Cells continue to conduct attacks throughout the country, however, and sources claimed to Al-Monitor that IS attacks have killed over a dozen people in the past two weeks in Anbar, Iraq’s westernmost province, where the largest tribal confederation is Suleiman’s Dulaim.

Anbar is also the home province of Iraq’s parliament speaker, Mohamed al-Halbusi, the youngest ever person to hold this position. Halbusi is also from a much smaller tribe than Suleiman’s Dulaim.

The public images of the two men from the same province are starkly different. Halbusi is mostly seen in business suits and slicked-back hair, or in jeans and other “Western” clothing, and his wife does not wear a headscarf. Suleiman, however, is almost invariably seen in a traditional

butterfly   thobe and headdress.

Some see Halbusi's support in Anbar as a sign of the weakening tribe-based power structures. Iraqi Sunnis have over the years claimed that Saddam Hussein, for all his faults, fostered a longing for a strong state, and that thus tribalism tended to be stronger among Iraq’s southern Shiite populations than its western Sunni ones.

It is, however, axiomatic that of the two major cities in eastern Anbar – Fallujah and Ramadi – the first is where religion holds sway, and the second is where tribes do.

Halbusi is originally from Garma (or al-Karma) near Fallujah, while Suleiman was born in Baghdad but for many years held sway over the vast Dulaim tribal networks centered in Ramadi.

Halbusi seems to have proven he had the experience to do the job since he took on the role in September 2018. In January he was re-elected to the position, while the country has been unable to decide on either a president or a prime minister over six months after the Oct. 10 vote.

As Al-Monitor reported after those elections that Iraq’s Sunni community seems to have voted heavily for Halbusi’s party.

Iraq is believed to be about 60% Shiite Arab with significant Sunni Arab and Kurdish communities and other minorities.

Iran-linked parties have in recent weeks been struggling to divide a largely compact, diverse, and collaborative alliance called Save the Homeland that includes Halbusi’s Sunni alliance, the country’s largest Kurdish party (the Kurdistan Democratic Party, or KDP), and a movement under the popular Shiite cleric Muqtada al-Sadr.

Their apparent support for Suleiman’s much-publicized return to Baghdad is widely seen as part of these efforts.

However, this attempt seems unlikely to succeed.

butterfly   In 2018, when he was governor of Anbar, shortly before being named parliament speaker, Halbusi had said that “there needs to be normality,” with arms under state control and “police on the ground and the army on the bases, not at the checkpoints.”

However, Suleiman wants more arms in the hands of local armed groups, similar to how he and his fellows in arms helped to defeat al-Qaeda in Anbar over a decade ago.

This stance fits well with Iran-linked militias’ demands to allow their fighters to retain weapons and checkpoints.

In a 2007 interview with a US publication, Suleiman said that Shiite groups in the southern part of the country had asked for information on how to form “sahwa” groups on their own, and in a 2014 interview with the Kurdish media outlet Rudaw, Suleiman claimed that “armed tribes can easily push out ISIS (IS) but that Maliki must first leave office.”

This did not happen. Though Maliki stepped down as prime minister in August 2014, tribal fighters in Anbar were forced to receive help from both the US-led coalition and from Iran-backed armed groups accused of committing numerous abuses against them.

Thousands of men from Anbar are still missing years later, many presumed dead. And some land is also still held by Iran-linked armed groups “for security reasons.”

Sources in western Anbar among tribal fighters both from the Dulaim tribal confederation and others reacted angrily to the idea that Suleiman might return to holding anything similar to the leadership role among Sunnis in Anbar he once had.

“He’s the cause of the problems we’re still dealing with in Anbar,” one claimed in Erbil. “There is simply no way that will ever happen.”    (al-monitor)

butterfly  2022-05-10 02:59   Shafaq News/ On Tuesday, the U.S. dollar (USD) exchange rates against the Iraqi dinar (IQD) climbed in the markets of Baghdad.

Shafaq News Agency correspondent said that the Central al-Kifah and Al-Harthiya exchanges are trading the USD at 147950 IQD to 100.

Our correspondent said that the selling and buying rates of 100 USD in the local markets of the Iraqi capital rested at 148500 and 147500 IQD, respectively.

In the capital of the Kurdistan Region, Erbil, the selling and buying rates settled at 147900 and 147700 IQD to 100 USD.

butterfly  be back later

butterfly  Fourteen MPs to boycott the parliament session to protest the "political abuse" of Justice and Accountability law .............. 2022-05-10 10:52

Shafaq News/ Fourteen lawmakers are contemplating a boycott of the parliament sessions in an act of protest against the "political abuse" of the "Justice and Accountability law", MP Mohammad Abed Rabbu said on Tuesday.

"The Fourteen lawmakers might refrain from attending any session unless a proposal on the Justice and Accountability law is enlisted on the parliament's agenda," Abed Rabbu told Shafaq News Agency.

"The implementation of the law shall no longer be in the hands of the Justice and Accountability Commission to hinder its abuse for political purposes," the lawmaker said, "such task shall be exclusive for the Iraqi judiciary."

"The law was used to kick out certain figures from the electoral race even though they did not have a history with the Baath party. The abuse of the law extends to the nomination for high-profile positions and superior grades in the Iraqi state."

"Twenty years have passed since ousting the former regime. Everything is clear now," he concluded.

Dave   Justice and Accountability law.....have not heard about that in a long time..

Sheila   Executive Order 13303 of May 22, 2003 -- as modified in scope and relied upon for additional steps taken in Executive Order 13290 of March 20, 2003, Executive Order 13315 of August 28, 2003, Executive Order 13350 of July 29, 2004, Executive Order 13364 of November 29, 2004, Executive Order 13438 of July 17, 2007, and Executive Order 13668 of May 27, 2014 -- is to continue in effect beyond May 22, 2022

sheila   Found that on another chatroom. Not my original posting.Justice and Accountability law.....have not heard about that in a long time.........

Butterfly   2022-05-10 08:59   Shafaq News/ Basra's heavy crude exported to Asia on Tuesday dropped by by 3.75%, equivalent to $3.89, settling at $99.87 a barrel.

The Saudi Arab light crude rested at $111.17 a barrel, while UAE's Murban Mixture and the Algerian Saharan blend registered $111.02 and $108.93 a barrel, respectively. A barrel of Bonny light (Nigeria) reported $108.28, while Iran's heavy blend registered $105.80.

Sheila   butterfly Have you watched the 2000 Mules documentary?

butterfly   No but reading the comments and they are comical. "Where is the proof" "they show no proof" "all words to distract from what they just posted about NO fraud" on and on and on

butterfly   I don't have OAN on my lineup.

Sheila   butterfly I did watch the documentary. I am not discounting this.

butterfly   sheila I have no clue what it is about so I can't make a comment on it. I just know that even more republicans are coming out and saying there was NO voter fraud, it wasn't rigged, on and on. So my question is, if the 2020 election was "rigged" then every election before that was "rigged" bc everyone in the states have used the same system for decades. People also have forgotten that Ivanka had/bought the voting machines, so she "rigged" the machines against her father? Everyone of the states that he claims were rigged, have been counted many many times, even by people that are not even connected to the politics.

Butterfly   The US Energy Information Administration: US oil production will rise by 720,000 barrels per day in 2022    Tuesday 10 May 2022 21:33 ................ The US government said in monthly forecasts today, Tuesday, that crude oil production in the United States is expected to rise by 720,000 barrels per day to 11.91 million barrels during the current year 2022.

According to the monthly report of the Energy Information Administration, US crude production is expected To rise by 940 thousand barrels per day to 12.85 million barrels per day in 2023.

It is expected that the total demand for petroleum products in the United States will increase by 730 thousand barrels per day to 20.51 million barrels per day in 2022.

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