Friday, September 27, 2019

WOTS Friday 9/27/19


WOTS Friday 9/27/19

WOTS Friday 9/27/19
 
Forex Rates
 
 
SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1186.0000  1194.0000 1190.9000 1190.9000 1190.9000  -0.4000 03:16
 USD/VND  23170.0000  23240.0000 23175.1300 23175.1300 23175.1300  5.1100 01:30
 USD/CNY  7.1209  7.1229 7.1370 7.1191 7.1315  -0.0108 03:34
 USD/KWD  0.3033  0.3053 0.3034 0.3033 0.3033  0.0002 03:35
 GBP/USD  1.2286  1.2287 1.2336 1.2271 1.2315  -0.0028 03:36
 USD/IRR  0.0000  0.0000 42097.5000 42097.5000 42097.5000  97.5000 00:00
 USD/IDR  14160.0000  14162.0000 14184.0000 13978.0000 14164.0000  0.0000 03:36
 
 
 
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DC NY Iraq Articles:dd

Finance Minister and US official discuss the economy of Iraq and its banking sector

 
Date of edit:: 2019/27/09
 
(BAGHDAD: Al-Furat News) Deputy Prime Minister for Economic Affairs and Finance Minister Fuad Hussein in his office in Baghdad, Thursday, Marshall Billingsley, US Assistant Secretary of the Treasury and his delegation.
"During the meeting, which was attended by US Ambassador to Iraq Matthew Toller, they reviewed the economic and financial situation in Iraq in particular and the region in general," a statement from the minister's office said.
The two sides also discussed "the mechanism of reforming the banking sector and ways to improve it, which reflects positively on the advancement of the economic reality in the country."
They also discussed "the Iraqi government's plans to increase electricity production in preparation for next summer season and to cover all the energy needs of the provinces."

In pictures .. An incident that brought down an Arab president is happening in Iraq

 
Editing Date:: 2019/09/27 11:16 • 491 times read
 
An incident occurred in Iraq very similar to what happened in an Arab country that ended with the fall of the head of state.
The Office of the High Commissioner for Human Rights in the province of Wasit, announced the formation of a fact-finding team after receiving information that a person had burned himself.
The director of the Office of Human Rights Wasit Jawad al-Shammari in an official report that "after reaching the burns center in the Zahra Teaching Hospital was confirmed by the news of the injured, where they reported that the" Wissam) father of three children living with his father and works in a carriage "Bastiya" confiscated several times from Before the municipality and had no other source of income. "
He added that Wissam "set fire to his body after the confiscation of his goods," pointing out that "Wissam's family filed a complaint with the Office of the High Commissioner for Human Rights in Wasit against the director of the municipal section and his team who have removed."
It is noteworthy that this stimulus remembers the bomber of the popular revolution in Tunisia, which overthrew the rule of ousted President Zine El Abidine Ben Ali, where the Tunisian citizen (Tariq Tayeb Mohamed Bouazizi) on Friday, December 17, 2010 set himself on fire in front of the seat of the mandate of Sidi Bouzid protested the confiscation of a carriage by the municipal authorities in the city of Sidi Bouzid on which he was selling vegetables and fruits to make a living, and to denounce the refusal of the governorate authorities to accept a complaint he wanted to file against the police officer Fadia Hamdi, who slapped him in public and said to him: (in French: Dégage} The slogan of the revolution to overthrow President Ben Ali As well as the slogan of the successive Arab revolutions} which then known as the "Arab Spring."
The Bouazizi incident led to a popular uprising and a nearly-month-old revolution that toppled President Ben Ali, and Mohamed Bouazizi died 18 days after he set fire to his body and a memorial statue was erected in his memory in Paris.

 
The Economic Council reveals a move that will encourage investors to enter their companies to the country
 
 
Release date:: 2019/27 11:26 • 87 times read
 
BAGHDAD (Al-Furat News) - A member of the Iraqi Economic Council, Ghadeer Al-Attar, said on Thursday that opening the road to Baghdad International Airport will generate positive images with the eyes of investors.
Al-Attar said in a statement received (Euphrates News) a copy, that "opening the road to Baghdad International Airport for passengers without entering into the former security controls will generate positive images of the Iraqi environment."
Al-Attar explained that "the positive image will be due to the security situation that has made the way of the international airport open to travelers and this is reflected to the foreign investor who is looking for a safe environment to invest his money."
"The positive picture relates to the economy as the opening of the airport road will stimulate the entry of investment companies to Iraq after being convinced of the availability of a safe environment for Iraq," Attar said.
The Secretary of Prime Minister Mohammed al-Bayati announced the opening of the road to Baghdad International Airport for all citizens from three o'clock in the afternoon until six in the morning and allow entry to the car for the purpose of travel or reception as of Thursday.

Support: Iraq is able to play mediation to withdraw the fuse of the crisis in the region

 
Release date:: 2019/27 11:23 • 87 times read
 
(Baghdad: Euphrates News) Member of the House of Representatives for the parliamentary opposition wisdom, Hassan Fadam al-Janabi, the recent moves aimed at mediating between the parties to the conflict in the region with a leading and important role in the national interest.
He said in a statement received (Euphrates News) a copy of it, that "Iraq, by virtue of its geographical location and the intertwining of its international and regional interests and the size of its political influence, calls on him to play a major role to put pressure on the conflicting parties to keep the specter of war, which is sure that Iraq will be affected in the event of God forbid ".
"Most of the political leaders have good and positive relations with the parties concerned and these leaders can play a pivotal role in mediating in order to withdraw the crisis," he added. is over
 
The Council of Ministers decides to impose customs duties on waste imported to Iraq
 
 
2019/09/27   Baghdad / Al-Ghad Press:
 
The Cabinet decided to impose customs duties from the unit measuring the product of plastic bags on waste imported into Iraq, indicating that the decision is valid for four years.
 
A source in the Council told Al-Ghad Press, "The Council approved the imposition of an additional customs duty (30%) of the unit of measurement of the product of plastic bags for waste imported to Iraq, from all countries and origins, for a period of four years without reduction, and to monitor the local market during Duration of additional charges. "
 
The source added that "the decision instructed the General Authority of Customs in the Ministry of Finance, to apply the customs duty, and notify the Department of Industrial Development in the Ministry of Industry and Minerals, periodically on the amount of Iraq's imports of the product, and the value of additional fees levied on the importer of the foreign product, and its value and export countries And importers. "
 
He continued that "the resolution also demanded that the Ministry of Industry and Minerals, taking into account the amount of increase in imports, compared with the previous three years, in order to determine the extent of an unjustified increase, and determine the importance of protection required for the national economy," noting that "the implementation of the decision, will be after 120 days after publication. "
 
 
 
Next Sunday .. Work pay the salaries of retired workers secured
 
 
Political 12:00 - 27/09/2019
 
Baghdad - Mawazine NewsThe Ministry of Labor and Social Affairs announced on Thursday that next Sunday will be a date to pay the salaries of retired workers guaranteed.
In a statement received by Mawazine News, Minister of Labor Bassem Abdul-Zaman said that "next Sunday, 29/9/2019, a date for the payment of the salaries of retired secured workers and their successors due for the months of (September and October) this year to holders of smart card and manual disbursement." In Baghdad and the provinces, calling on them to review banks according to their areas of residence to receive their salaries, advising them with the evidentiary documents of pension or smart card.
He added, "The ministry has set the date for the payment of salaries of retired workers secured after completing all procedures in coordination with the General Administration of Rafidain Bank."
He pointed out that "the retired secured worker whose service is (30) years and more receive a pension of (600) thousand dinars for two months only, while the worker who has a service less than (30) years receive an amount of (540) thousand dinars."
Abdul-Zaman said that "the family of the deceased pensioner who has more than three beneficiaries receive a salary of (500) thousand dinars while the family with two receivables receive a salary of (480) thousand dinars, while the family of the deceased with one benefit receives a salary of (460) thousand Ended 29 / a 43
 
Kauaihn Iraq Articles:dd

The Presidency of Parliament adopts Al-Humaidawi's proposal to solve a "serious administrative problem" in government institutions

 
Release date:: 2019/9/27 10:37 • 252 read times
 
(Baghdad: Euphrates News) Adopted the Presidency of the Council of Representatives, the proposal of the representative of the parliamentary bloc of wisdom opposition, Ali Jassim al-Humaidawi to solve a "serious administrative problem" in the work of government institutions.
Al-Humaidawi said in a press statement, "All government institutions today to face a serious administrative problem must be addressed is the accumulated mail on the offices of general managers."
He explained that "the simplest treatment takes two months or more and perhaps years to complete and perhaps one of the most important reasons for this problem is the large number of meetings within the departments."
Al-Humaidawi suggested "approaching the prime minister to be these meetings after the official working hours to walk mail and transactions of citizens in official circles."
For his part, the second deputy speaker of the Council of Representatives, Bashir al-Haddad, said that he "agrees with the opinion of MP Hamidoui and will send to the government a letter to make the meetings after the official working hours except the necessary ones."

Turkish army and intelligence launch joint operation in northern Iraq

 
Release date:: 9/27/2019 9:52 • 94 times read
 
The military is conducting a joint operation with Turkish intelligence that neutralized two elements of the Kurdistan Workers' Party (PKK), which Turkey classifies as a terrorist, in northern Iraq, Anatolia news agency reported.
On May 27, Turkish forces launched Operation Claw in the Halkurk region of northern Iraq to "eliminate the threat of terrorism that threatens the country." Last August, as security forces and the Turkish army regularly targeted PKK positions and pursued its members inside the country, and northern Iraq.

The White House proposes a new plan to receive 4,000 Iraqi refugees

 
Date of edit:: 2019/9/27 8:33 • 370 times read
 
The White House on Thursday proposed a new refugee policy that would allow 5,000 refugees from religious persecution, 4,000 Iraqis and 1,500 from Guatemala, Honduras and El Salvador during fiscal year 2020.
A senior official in the administration of President Donald Trump told reporters on Thursday that the new policy would allow the resettlement of 7,500 refugees from other countries in the United States.
The proposal will reduce the number of refugees who can be resettled in the United States to 18,000, the lowest level in the history of the modern refugee program
 

Wasit governor to refer dozens of corruption files to integrity and the coming of Chinese companies to invest

 
Date of editing:: 2019/27 11:00 • 99 times read
 
Wasit Governor Mohammed Jameel al-Mayahi, on Thursday, the referral of dozens of corruption files for integrity, as confirmed near the coming of Chinese companies to invest in the province.
"We have taken a number of measures to reduce the phenomenon of corruption, it is a system, not people, it is a phenomenon, not a case," Mayahi said in a speech at the local government conference in Wasit province.
Al-Mayahi added: "We have resolved dozens of cases of integrity and committees and we have dozens of disciplinary sanctions in all circles and we have resolved important files of the Integrity Commission and the departments concerned," stressing that "we will not allow bargaining with the funds and rights of the province will not acquiesce to extortion and the sale of reputation with some bargains and pressures."
The governor said that "we paid the tax against corruption and the troubles and confusion of the province and we are continuing with our approach as long as there is integration between the authorities in the province and there is nothing personal with the corrupt," explaining that "corruption is an enemy that must be resisted with all weapons and we must maintain reputation through integrity and save public money, "The money is there, the possibilities are there.
On his visit with the government delegation to China, he explained that "the success of the visit to China depends on Iraq as the Chinese companies are serious in entering Iraq, and we must create conditions for their entry in a clean environment," stressing that "Chinese companies are serious to enter Iraq and made offers to strategic projects Her and there is a response to us. "
He added that "within the next two weeks will come companies and our market project Kut investment refinery with a capacity of 70 thousand barrels and all plans are ready for him and the problem there is no firm company to run the project, which will provide 6,000 opportunities and will be south of Wasit villages Muwafaqiyah."
As for the Kut-Al-Mayahi Airport, "we have opened a number of companies and we are in the process of announcing the airport for investment and we hope to acquire the land, while we raised the subject of a train railway from Mehran and Badra to Karbala, which could benefit about 3 million citizens and link the Iranian railway to the city of Mashhad." Indicating that "the plans will be prepared and announced an investment opportunity and there is interest to the Ministry of Transport, as we have put residential projects and other strategic infrastructure."
Al-Mayahi added that "Chinese companies have complained with some provinces and from being subjected to pressure from some clans and gangs and we pointed to them that there are no problems in Wasit in this aspect and that the priority of projects will be for the people of the province," stressing that "we are concerned that our tribes and dignitaries Wasit pause in support of our departments and security services in The process of construction and reconstruction in the province.
"We are about to visit the 40 th and we expect 3 million visitors to pass, and we are ready for security and service to organize the 40 th visit from Zurbatiya to our border with Babylon," Wasit said.
Al-Mayahi called on "the tribes and notables of the province to form a committee to resolve the tribal disputes that occur in the province.

Lifting the "Sabbat" from three different areas of Baghdad

27/09/2019 Baghdad / News
Baghdad Municipality announced on Friday the lifting of concrete blocks from three different locations in the capital.
The secretariat said in a statement received "news" a copy of it, "its engineering and automated efforts and follow-up office of the Mayor of Baghdad to lift the concrete blocks from the perimeter of the health center Imam Mohammed Jawad, peace be upon him within the area of ​​Shammiya, in addition to lifting the concrete blocks from the perimeter of 71 Street Mahalla 766 The last site is to raise the concrete blocks from the vicinity of the Assyrian School within the neighborhood of Ur Mahalla 343 ".
The Secretariat added that "the campaign to lift the concrete blocks accompanied by a campaign of cleaning and rehabilitation of the mentioned sites by municipal cadres, especially since they have been closed for many years."
 
CBI, ISX, Dinar Guru:
 
CBI Update:
 
 
Closed on Friday and Saturday
ISX Update:
 
Dinar Guru:dd
 
 
9-26-2019   Newshound Guru Bloodloch   ...As far as how I still believe it will happen, some are right on the money. The slow climb of 1090 to 1 up to 1 to 1 isn't likely to occur since speculators will exert buying pressure and the secondary market would get overheated very quickly. Yet, to say that 40 trillion in IQD is suddenly worth 40 trillion USD on the foreign (or domestic) exchange can't happen either. Even the US only possesses about a 3.3 trillion USD money supply (M0) of late.  The truth, I believe, will be a happy medium between the extremes of an overnight revaluation on the one hand, and a long-term crawl on the other, to find its true, happy equilibrium.

9-26-2019   Newshound Guru Jeff
  ...they turned around yesterday and told you that starting in February they're gonna put these financial steps and measures in place that helps reduce the funding and financing for terrorism and money laundering.  They're doing it in February...that tells me they're setting the stage most likely for March because they're putting these types of steps and measures in place in February So what I'm suggesting to you is forget about January and February for the rate change.  Move your eyes after February...
 
9-26-2019    Newshound Guru Kaperoni   ...there are at least 10 articles in the last 2 years that say that the CBI needs to float the currency...whether you believe it or not they will float the currency because that is the tool that they need if they want investment in the country. If they don't want any outside investment they don't need to float. But they expect a ...billion dollars over the next 12 to 16 months to come into Iraq that will cause inflationary pressure on their financial system...there is no ifs ands or buts about it. If that money comes in they will have significant inflationary pressure and the tool for that is to float.

9-26-2019   Intel Guru Eagleone2025
   [via PDK]   THERE HAS BEEN A LOT OF TROUBLE IN BRINGING THIS TOGETHER. …BEEN ON THE PHONE WITH SEVERAL SOURCES. WE KNOW THAT WE ARE VERY CLOSE. THE RELEASE IS VERY NEAR. IT HAS BEEN A LONG JOURNEY.

9-26-2019   Intel Guru MarkZ   [via PDK]   Zurich and one UK contact are expecting fireworks at anytime today. [Any news from Iraq?]  My last update was Tuesday night...as of then there was no new rate.  [Iraq IXE supposed joining in the NASDEq on Oct 1st. Heard they have to be 1/1 at least 1 to 1 or higher rate before they can be on International Stock Exchange. What do you think?]  and they have to be in Article 8.  I am the most excited I have been in a long time…

9-26-2019   Newshound/Intel Guru Mnt Goat   A “lop” is a technical term not slang. It is a IMF currency manipulation tool they use in times of hyper-inflation.  ...Iraq is controlling their inflation and keeping it at bay to + or – 2%.   If they were not doing this none of this second phase of the process to delete the zeros would even be taking place in the first place. ...They must maintain the MCP to this 2% criteria in order to move forward and operate under Article 8 of the IMF UN Charter for member nations. Iraq is a member.  So again how anyone can call this a “lop” I don’t know. It does not even come close to the use of the IMF term...

9-26-2019   Intel Guru  Frank26   Breaking news IMO...The White House of the United States of America put this out [video with Trump and the president of Iraq]...The White House wants us to know, American citizens and the whole world to know the White House is finally talking about Iraq  and this timing is perfect...I believe the White House wants everyone to know where we're at with Iraq...timing is everything...it's week number 4 in September...
 
 
9-26-2019 Intel Guru RayRen98 BANK CONTACTS ARE SAYING "NOW THROUGH SATURDAY" .... TIME WILL TELL!
 
 
 
Catnip:
 
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ARTICLE 1 (from PM Mahdi's website; posted only on Arabic side, not on English side)

The National Security Council holds its regular session under the chairmanship of the Prime Minister and Commander in Chief of the Armed Forces, Adel Abdul Mahdi

The National Security Council held its regular session on Thursday, September 26, 2019, under the chairmanship of the Prime Minister and Commander-in-Chief of the Armed Forces, Adel Abdul Mahdi.
The Prime Minister briefed the Commander-in-Chief of the Armed Forces on a visit to China at the head of a large high-level delegation, which resulted from the signing of a number of agreements and memorandums of understanding. Iraqi territory and airspace is unacceptable.

The Council discussed the topics prepared for its agenda, in addition to the subject of preparations and measures to be taken by all parties to secure the 40th visit and the need to combine all efforts and capabilities of the State and the ministries of service and security to provide services and protect visitors and secure roads.

The Council was also briefed on the updated position on the procedures for the formation of law-enforcement forces, the formation of the controlled headquarters and the determination of the number of its forces and formations.

The Council also discussed the subject of the Ministry of Defense's request regarding the exemption from the instructions of implementing the federal budget and contracting with the military sewing factory to provide the ministry with military clothes and accessories, as well as tents.The session witnessed the approval of the exception provided that the contracts are reviewed by the National Security Adviser for legal remarks.

The Council also discussed the requirements of the Ministry of Justice to secure the needs and protection of reform departments, where the Council directed that the Ministry of Justice to provide the estimated costs and staffing required to be included in the federal budget for 2020.

The National Security Council discussed the issue of armed tribal conflicts and their impact on national security.The Council directed that the Ministry of Interior, in coordination with the Prime Minister's Office and the National Security Adviser, organize tribal affairs in line with religion and law and promote their noble human values ​​and contribute to the development of society.

Information Office of the Prime Minister
26-Sep-2019

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ARTICLE 2 (from Government of Iraq twitter account)
  1. President @BarhamSalih addresses the UN General Assembly, stresses Iraq’s role in promoting regional stability and says that Iraq is witnessing a positive transformation in the security, economic and other fields not seen in years.
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ARTICLE 3

Zebari on the indebtedness of Erbil to Baghdad: Abdul Mahdi [himself understanding]

2019/9/26 20:41

Hoshyar Zebari, former finance minister and leader of the Kurdistan Democratic Party (KDP), on Thursday praised the positions of Prime Minister Adel Abdul-Mahdi on the crisis between Baghdad and the Kurdistan region, noting that he tends to always understand.

Asked about Abdul Mahdi's position on the debt crisis between Erbil and the center, Zebari praised Abdul Mahdi and pointed out that "[himself] is understanding, not confrontational, and wants dialogue and communication always."

Zebari said, "There is an old indebtedness between Erbil and Baghdad, and provided detailed information in the 2015 budget when I was the Minister of Finance at the time."

He continued, "We expect to continue communication and understanding between the parties, on the issue of debt."

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ARTICLE 4

Minister Hakim: Baghdad will not join the Gulf Alliance proposed by Iran
2019/26/26 20:26

Minister Hakim: Baghdad will not join the Gulf Alliance proposed by Iran. Foreign Minister Mohammed Ali al-Hakim said Baghdad was not yet ready to join the Gulf alliance proposed by Iran.

"We are against joining this coalition at this stage," Hakim said on the sidelines of the UN General Assembly, when asked whether Iraq was ready to join the coalition. We believe that we need time for the situation to calm down and to resume negotiations between the two sides. ”

In a speech on Wednesday at the United Nations General Assembly, Iranian President Hassan Rouhani called on all Gulf states to join the "Hope for Peace Alliance in the Strait of Hormuz" initiative based on "mutual understanding, non-aggression and respect for the sovereignty of states."

The Iranian government has made it clear that in the first phase, the coalition includes Iran, Saudi Arabia, Iraq, Bahrain, the United Arab Emirates, Qatar, Oman and Kuwait under the auspices of the United Nations.

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ARTICLE 5

The start of the work of the Rafidain Forum for security and economy in Baghdad

2019/26/26 20:35
[Baghdad-Where]
The Rafidain Forum for Security and Economy was held on Thursday under the slogan `` Iraq is recovering '' from 26 to 28 September 2019 at the Babylon Hotel in Baghdad, while discussing various issues that concern the future of Iraq in the fields of economic, security and development.

"The forum is being held at a time when Iraq needs to focus on security and economic affairs in order to create the right environment to advance the economy and achieve the desired development in all its aspects," the organizing committee said in a statement received by the All Iraq News Agency. Consolidating these two factors - security and the economy - will not be an easy task, especially in light of the situation in the Middle East region of political division on the basis of different and sometimes conflicting axes. "In the oil markets, the need to face the security challenges in Iraq continues, in terms of dealing with dormant terrorist cells or confronting extremist ideology in general."

She added that "the forum witnessed an important local and international presence of politicians, decision-makers and opinion holders to discuss various issues of concern to the future of Iraq in the economic, security and development."

She added that the objectives of the forum brought together experts, academics and specialists as well as governmental and non-governmental personalities interested in security and economic affairs in the Middle East and the world, in Baghdad to discuss and discuss, and to discuss the new developments in the regional political situation, amid the increasing policies of the axes in the Middle East, These include international interventions and positions on the countries of the region and the future of the current crises in the Middle East.

She explained that "one of its objectives is to strengthen and strengthen the ties and relations between research institutions in Iraq with their counterparts in many important countries, and provide a platform for discussion and deliberation on the challenges of Iraqi and regional security, and dialogue with the concerned Iraqi and regional officials from the countries of the Middle East on their reform and security program, Especially in preventing the return of ISIS, the security of the region, addressing the problem of the displaced, the threats posed by extremism, providing a platform for discussion and deliberation on the Iraqi and regional economy and its challenges and how to make Iraq an important hub for the regional economy, and to discuss Financial, agricultural, industrial, communications and acts of worship energy. "

She pointed out that "the forum is also aimed at the return of Baghdad to play its natural role - having achieved security and stability - to be a destination that brings together various specialists and interested to discuss and deliberate on the affairs of Iraq and its security, economic and political problems, instead of discussing it in other capitals and cities.

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